FOR THE PERIOD ENDED AUGUST 31, 2026
Quarterly Portfolio
Holdings Report
| Lord Abbett | |
Convertible Fund Core Fixed Income Fund Core Plus Bond Fund Floating Rate Fund High Yield Fund Income Fund Inflation Focused Fund |
Multi-Asset Balanced Opportunity Fund Multi-Asset Income Fund Short Duration Core Bond Fund Short Duration Income Fund Total Return Fund Ultra Short Bond Fund |
Schedule of Investments (unaudited)
CONVERTIBLE FUND August 31, 2026
| Investments | Shares | Fair Value | |||||||||||
| LONG-TERM INVESTMENTS 97.60% | |||||||||||||
| COMMON STOCKS 0.38% | |||||||||||||
| Communications Equipment 0.38% | |||||||||||||
| Applied Optoelectronics, Inc.* (cost $3,583,440) | 22,680 | $ | 2,442,410 | ||||||||||
| Interest Rate | Maturity Date | Principal Amount | |||||||||||
| CONVERTIBLE BONDS 81.40% | |||||||||||||
| Aerospace/Defense 0.70% | |||||||||||||
| Intuitive Machines, Inc.† | 2.50% | 10/1/2030 | $ | 1,450,000 | 2,228,469 | ||||||||
| Rocket Lab USA, Inc.† | 4.25% | 2/1/2029 | 180,000 | 2,242,939 | |||||||||
| Total | 4,471,408 | ||||||||||||
| Auto Manufacturers 2.20% | |||||||||||||
| Wabash National Corp.† | 4.00% | 8/1/2032 | 13,000,000 | 14,090,700 | |||||||||
| Biotechnology 11.87% | |||||||||||||
| Arrowhead Pharmaceuticals, Inc. | Zero Coupon | 1/15/2032 | 4,225,000 | 5,085,632 | |||||||||
| Bridgebio Pharma, Inc. | 2.25% | 2/1/2029 | 11,900,000 | 13,178,060 | |||||||||
| Celcuity, Inc. | 0.25% | 8/1/2032 | 5,230,000 | 5,449,137 | |||||||||
| Cogent Biosciences, Inc. | 1.625% | 11/15/2031 | 3,725,000 | 4,287,475 | |||||||||
| Cytokinetics, Inc.† | 1.75% | 10/1/2031 | 5,300,000 | 6,982,750 | |||||||||
| Halozyme Therapeutics, Inc.† | Zero Coupon | 2/15/2031 | 2,185,000 | 2,900,588 | |||||||||
| Ionis Pharmaceuticals, Inc.† | Zero Coupon | 12/1/2030 | 9,225,000 | 8,533,125 | |||||||||
| Moderna, Inc.† | 0.01% | 3/1/2032 | 7,000,000 | 7,179,200 | |||||||||
| PTC Therapeutics, Inc.† | Zero Coupon | 6/15/2031 | 7,000,000 | 6,806,100 | |||||||||
| Revolution Medicines, Inc. | 0.50% | 5/1/2033 | 5,600,000 | 7,346,500 | |||||||||
| Travere Therapeutics, Inc. | 0.50% | 5/15/2032 | 6,570,000 | 8,437,194 | |||||||||
| Total | 76,185,761 | ||||||||||||
| Commercial Services 1.31% | |||||||||||||
| Affirm Holdings, Inc. | 0.75% | 12/15/2029 | 7,670,000 | 8,379,475 | |||||||||
| Computers 11.53% | |||||||||||||
| CyberArk Software Ltd. (Israel)(a) | Zero Coupon | 6/15/2030 | 4,100,000 | 7,490,700 | |||||||||
| Lumentum Holdings, Inc.† | 0.375% | 3/15/2032 | 2,650,000 | 13,109,285 | |||||||||
| Parsons Corp. | 2.625% | 3/1/2029 | 11,614,000 | 11,338,748 | |||||||||
| Rubrik, Inc.† | Zero Coupon | 6/15/2030 | 7,225,000 | 7,790,176 | |||||||||
| Super Micro Computer, Inc. | Zero Coupon | 6/15/2030 | 12,000,000 | 11,811,000 | |||||||||
| Western Digital Corp. | 3.00% | 11/15/2028 | 1,185,000 | 14,082,777 | |||||||||
| Zscaler, Inc. | Zero Coupon | 7/15/2028 | 8,800,000 | 8,335,844 | |||||||||
| Total | 73,958,530 | ||||||||||||
| See Notes to Schedule of Investments. | 1 |
Schedule of Investments (unaudited)(continued)
CONVERTIBLE FUND August 31, 2026
| Investments | Interest Rate | Maturity Date | Principal Amount | Fair Value | ||||||||
| Electric 2.89% | ||||||||||||
| Ormat Technologies, Inc.† | Zero Coupon | 3/15/2031 | $ | 6,300,000 | $ | 6,498,450 | ||||||
| PPL Capital Funding, Inc. | 2.875% | 3/15/2028 | 5,170,000 | 5,606,606 | ||||||||
| Southern Co.† | 3.50% | 9/15/2029 | 6,500,000 | 6,409,325 | ||||||||
| Total | 18,514,381 | |||||||||||
| Electronics 2.38% | ||||||||||||
| Advanced Energy Industries, Inc.† | Zero Coupon | 5/15/2031 | 8,750,000 | 8,395,625 | ||||||||
| Itron, Inc. | 1.375% | 7/15/2030 | 6,625,000 | 6,893,313 | ||||||||
| Total | 15,288,938 | |||||||||||
| Energy-Alternate Sources 2.03% | ||||||||||||
| Enphase Energy, Inc. | Zero Coupon | 3/1/2028 | 14,000,000 | 13,044,500 | ||||||||
| Entertainment 3.07% | ||||||||||||
| IMAX Corp. (Canada)†(a) | 0.75% | 11/15/2030 | 3,425,000 | 4,622,894 | ||||||||
| Live Nation Entertainment, Inc. | 2.875% | 1/15/2030 | 7,575,000 | 8,779,425 | ||||||||
| Live Nation Entertainment, Inc. | 3.125% | 1/15/2029 | 3,600,000 | 6,263,640 | ||||||||
| Total | 19,665,959 | |||||||||||
| Environmental Control 1.74% | ||||||||||||
| Tetra Tech, Inc. | 2.25% | 8/15/2028 | 9,900,000 | 11,189,475 | ||||||||
| Equity Real Estate 3.27% | ||||||||||||
| Redfin Corp. | 0.50% | 4/1/2027 | 21,600,000 | 21,006,000 | ||||||||
| Health Care-Products 3.24% | ||||||||||||
| Adaptive Biotechnologies Corp.† | Zero Coupon | 7/1/2031 | 7,000,000 | 8,986,250 | ||||||||
| Guardant Health, Inc.† | Zero Coupon | 5/15/2033 | 7,740,000 | 11,798,662 | ||||||||
| Total | 20,784,912 | |||||||||||
| Home Builders 2.46% | ||||||||||||
| Meritage Homes Corp. | 1.75% | 5/15/2028 | 16,000,000 | 15,784,000 | ||||||||
| Internet 2.23% | ||||||||||||
| DoorDash, Inc. | Zero Coupon | 5/15/2030 | 6,250,000 | 6,692,188 | ||||||||
| Robinhood Markets, Inc.† | Zero Coupon | 10/1/2029 | 7,500,000 | 7,615,059 | ||||||||
| Total | 14,307,247 | |||||||||||
| Investment Companies 1.83% | ||||||||||||
| IREN Ltd. (Australia)†(a) | 1.00% | 12/1/2033 | 4,773,000 | 3,447,884 | ||||||||
| Terawulf, Inc.† | 1.00% | 9/1/2031 | 5,655,000 | 8,322,181 | ||||||||
| Total | 11,770,065 | |||||||||||
| Machinery: Construction & Mining 1.60% | ||||||||||||
| Bloom Energy Corp.† | Zero Coupon | 11/15/2030 | 7,375,000 | 10,245,719 | ||||||||
| 2 | See Notes to Schedule of Investments. |
Schedule of Investments (unaudited)(continued)
CONVERTIBLE FUND August 31, 2026
| Investments | Interest Rate | Maturity Date | Principal Amount | Fair Value | ||||||||
| Metal Fabricate-Hardware 0.68% | ||||||||||||
| Xometry, Inc. | 0.75% | 6/15/2030 | $ | 2,020,000 | $ | 4,331,890 | ||||||
| Mining 1.73% | ||||||||||||
| Almonty Industries, Inc.† | 2.25% | 7/1/2031 | 8,400,000 | 9,014,250 | ||||||||
| MP Materials Corp.† | 3.00% | 3/1/2030 | 795,000 | 2,063,264 | ||||||||
| Total | 11,077,514 | |||||||||||
| Oil & Gas 1.45% | ||||||||||||
| Borr Drilling Ltd.† | 3.50% | 5/1/2033 | 9,872,000 | 9,284,616 | ||||||||
| Oil & Gas Services 0.37% | ||||||||||||
| Solaris Energy Infrastructure, Inc. | 0.25% | 10/1/2031 | 2,000,000 | 2,367,500 | ||||||||
| Pharmaceuticals 0.91% | ||||||||||||
| Mirum Pharmaceuticals, Inc.† | Zero Coupon | 6/1/2032 | 6,000,000 | 5,858,700 | ||||||||
| REITS 2.21% | ||||||||||||
| Welltower OP LLC† | 3.125% | 7/15/2029 | 7,605,000 | 14,182,973 | ||||||||
| Semiconductors 3.27% | ||||||||||||
| MKS, Inc. | 1.25% | 6/1/2030 | 4,585,000 | 8,265,609 | ||||||||
| ON Semiconductor Corp. | 0.50% | 3/1/2029 | 4,350,000 | 4,617,525 | ||||||||
| SiTime Corp. | Zero Coupon | 6/15/2031 | 7,000,000 | 6,870,500 | ||||||||
| Wolfspeed, Inc.† | 3.50% | 3/15/2031 | 775,000 | 1,255,112 | ||||||||
| Total | 21,008,746 | |||||||||||
| Software 11.31% | ||||||||||||
| Akamai Technologies, Inc.† | Zero Coupon | 5/15/2030 | 23,370,000 | 21,255,015 | ||||||||
| Cloudflare, Inc. | Zero Coupon | 6/15/2030 | 7,775,000 | 11,249,488 | ||||||||
| CoreWeave, Inc.† | 1.75% | 10/1/2032 | 8,900,000 | 8,317,495 | ||||||||
| Datadog, Inc. | Zero Coupon | 12/1/2029 | 5,334,000 | 7,120,890 | ||||||||
| DigitalOcean Holdings, Inc. | Zero Coupon | 8/15/2030 | 1,405,000 | 4,086,794 | ||||||||
| Fastly, Inc.† | Zero Coupon | 12/15/2030 | 2,000,000 | 3,466,000 | ||||||||
| Nebius Group NV (Netherlands)†(a) | 2.75% | 9/15/2032 | 2,530,000 | 4,178,801 | ||||||||
| Snowflake, Inc. | Zero Coupon | 10/1/2027 | 6,110,000 | 12,900,654 | ||||||||
| Total | 72,575,137 | |||||||||||
| Telecommunications 2.57% | ||||||||||||
| Applied Digital Corp. | 2.75% | 6/1/2030 | 765,000 | 2,141,044 | ||||||||
| BlackSky Technology, Inc.† | 8.25% | 8/1/2033 | 3,675,000 | 4,362,225 | ||||||||
| Ciena Corp.† | Zero Coupon | 9/15/2031 | 7,000,000 | 6,608,000 | ||||||||
| Viavi Solutions, Inc.† | 0.625% | 3/1/2031 | 1,235,000 | 3,405,512 | ||||||||
| Total | 16,516,781 | |||||||||||
| See Notes to Schedule of Investments. | 3 |
Schedule of Investments (unaudited)(continued)
CONVERTIBLE FUND August 31, 2026
| Investments | Interest Rate | Maturity Date | Principal Amount | Fair Value | ||||||||
| Transportation 2.55% | ||||||||||||
| Knight-Swift Transportation Holdings, Inc.† | 1.00% | 11/15/2031 | $ | 8,370,000 | $ | 8,928,697 | ||||||
| Scorpio Tankers, Inc. (Monaco)†(a) | 1.75% | 4/15/2031 | 7,000,000 | 7,456,400 | ||||||||
| Total | 16,385,097 | |||||||||||
| Total Convertible Bonds (cost $491,411,514) | 522,276,024 | |||||||||||
| Dividend Rate | Shares | |||||||||||
| CONVERTIBLE PREFERRED STOCKS 15.54% | ||||||||||||
| Aerospace & Defense 2.08% | ||||||||||||
| Boeing Co. | 6.00% | 206,010 | 13,362,839 | |||||||||
| Banks 3.54% | ||||||||||||
| Bank of America Corp. Series L | 7.25% | 17,654 | 22,712,047 | |||||||||
| Capital Markets 0.39% | ||||||||||||
| KKR & Co., Inc. Series D(b) | 6.25% | 53,840 | 2,520,789 | |||||||||
| Electric: Utilities 1.07% | ||||||||||||
| NextEra Energy, Inc. | 7.299% | 134,400 | 6,866,496 | |||||||||
| Health Care Providers & Services 1.25% | ||||||||||||
| BrightSpring Health Services, Inc.(b) | 6.75% | 41,600 | 8,004,256 | |||||||||
| Interactive Media & Services 4.30% | ||||||||||||
| Alphabet, Inc. Series A | 6.250% | 285,155 | 13,889,900 | |||||||||
| Alphabet, Inc. Series B | 6.250% | 284,395 | 13,685,087 | |||||||||
| Total | 27,574,987 | |||||||||||
| Semiconductors & Semiconductor Equipment 0.89% | ||||||||||||
| Microchip Technology, Inc. | 7.50% | 88,235 | 5,692,040 | |||||||||
| Technology Hardware, Storage & Peripherals 2.02% | ||||||||||||
| Hewlett Packard Enterprise Co. | 7.625% | 96,940 | 12,987,685 | |||||||||
| Total Convertible Preferred Stocks (cost $97,407,268) | 99,721,139 | |||||||||||
| Principal Amount | ||||||||||||
| OTC OPTIONS PURCHASED 0.28% (cost $6,318,443) | 1,803,593 | |||||||||||
| Total Long-Term Investments (cost $598,720,665) | 626,243,166 | |||||||||||
| 4 | See Notes to Schedule of Investments. |
Schedule of Investments (unaudited)(continued)
CONVERTIBLE FUND August 31, 2026
| Investments | Principal Amount | Fair Value | ||||||
| SHORT-TERM INVESTMENTS 1.71% | ||||||||
| REPURCHASE AGREEMENTS 1.30% | ||||||||
| Repurchase Agreement dated 8/31/2026, 3.250% due 9/1/2026 with Fixed Income Clearing Corp. collateralized by $8,704,500 of U.S. Treasury Bill at 0.000% due 2/25/2027; value: $8,538,731; proceeds: $8,371,892 (cost $8,371,136) | $ | 8,371,136 | $ | 8,371,136 | ||||
| TIME DEPOSITS 0.04% | ||||||||
| CitiBank N.A.(c) (cost $261,771) | 261,771 | 261,771 | ||||||
| Shares | ||||||||
| MONEY MARKET FUNDS 0.37% | ||||||||
| Fidelity Government Portfolio(c) (cost $2,355,942) | 2,355,942 | 2,355,942 | ||||||
| Total Short-Term Investments (cost $10,988,849) | 10,988,849 | |||||||
| Total Investments in Securities 99.31% (cost $609,709,514) | 637,232,015 | |||||||
| Other Assets and Liabilities – Net 0.69% | 4,444,162 | |||||||
| Net Assets 100.00% | $ | 641,676,177 | ||||||
| REITS | Real Estate Investment Trusts. | |
| * | Non-income producing security. | |
| † | Security was purchased pursuant to Rule 144A under the Securities Act of 1933 and, unless registered under such Act or exempted from registration, may only be resold to qualified institutional buyers. At August 31, 2026, the total value of Rule 144A securities was $257,842,441, which represents 40.18% of net assets. | |
| (a) | Foreign security traded in U.S. dollars. | |
| (b) | All or a portion of this security is temporarily on loan to unaffiliated broker/dealers. | |
| (c) | Security was purchased with the cash collateral from loaned securities. |
| See Notes to Schedule of Investments. | 5 |
Schedule of Investments (unaudited)(concluded)
CONVERTIBLE FUND August 31, 2026
OTC Options Purchased at August 31, 2026:
| Description | Counterparty | Number of Contracts | Expiration Date | Exercise Price | Notional Amount | Value | ||||||||||||
| Enphase Energy, Inc. Call | Morgan Stanley | 295,000 | 9/18/2026 | $ | 75.00 | $ | 295,000 | $ | 436 | |||||||||
| InterDigital, Inc. Call | Goldman Sachs | 52,500 | 12/18/2026 | 350.00 | 52,500 | 1,360,880 | ||||||||||||
| iShares Semiconductor ETF. Put | Goldman Sachs | 110,000 | 9/18/2026 | 400.00 | 110,000 | 44,559 | ||||||||||||
| Seagate Technology Holdings PLC. Call | Morgan Stanley | 17,600 | 9/18/2026 | 900.00 | 17,600 | 397,718 | ||||||||||||
| Total OTC Options Purchased | $ | 1,803,593 | ||||||||||||||||
OTC Written Options at August 31, 2026:
| Description | Counterparty | Number of Contracts | Expiration Date | Exercise Price | Notional Amount | Fair Value | Premiums (Received) | Unrealized Appreciation/ (Depreciation) | |||||||||||||||||||||
| iShares Semiconductor ETF. Put | Goldman Sachs | (110,000 | ) | 9/18/2026 | $ | 335.00 | $ | (110,000 | ) | $ | (7,557 | ) | $ | (680,900 | ) | $ | 673,343 | ||||||||||||
| Seagate Technology Holdings PLC. Call | Morgan Stanley | (10,000 | ) | 9/18/2026 | 1,000.00 | (10,000 | ) | (69,109 | ) | (705,287 | ) | 636,178 | |||||||||||||||||
| Total OTC Written Options | $ | (76,666 | ) | $ | (1,386,187 | ) | $ | 1,309,521 | |||||||||||||||||||||
The following is a summary of the inputs used as of August 31, 2026 in valuing the Fund’s investments carried at fair value(1):
| Investment Type(2) | Level 1 | Level 2 | Level 3 | Total | ||||||||||||
| Long-Term Investments | ||||||||||||||||
| Common Stocks | $ | 2,442,410 | $ | – | $ | – | $ | 2,442,410 | ||||||||
| Convertible Bonds | – | 522,276,024 | – | 522,276,024 | ||||||||||||
| Convertible Preferred Stocks | – | 99,721,139 | – | 99,721,139 | ||||||||||||
| OTC Options Purchased | – | 1,803,593 | – | 1,803,593 | ||||||||||||
| Short-Term Investments | ||||||||||||||||
| Repurchase Agreements | – | 8,371,136 | – | 8,371,136 | ||||||||||||
| Time Deposits | – | 261,771 | – | 261,771 | ||||||||||||
| Money Market Funds | 2,355,942 | – | – | 2,355,942 | ||||||||||||
| Total | $ | 4,798,352 | $ | 632,433,663 | $ | – | $ | 637,232,015 | ||||||||
| Other Financial Instruments | ||||||||||||||||
| OTC Options Written | ||||||||||||||||
| Assets | $ | – | $ | – | $ | – | $ | – | ||||||||
| Liabilities | – | (76,666 | ) | – | (76,666 | ) | ||||||||||
| Total | $ | – | $ | (76,666 | ) | $ | – | $ | (76,666 | ) | ||||||
| (1) | Refer to Note 2(a) for a description of fair value measurements and the three-tier hierarchy of inputs. | |
| (2) | See Schedule of Investments for fair values in each industry and identification of foreign issuers and/or geography. The table above is presented by Investment Type. When applicable, each Level 3 security is identified on the Schedule of Investments along with the valuation technique utilized. |
A reconciliation of Level 3 investments is presented when the Fund has a material amount of Level 3 investments at the beginning or end of the period in relation to the Fund’s net assets.
| 6 | See Notes to Schedule of Investments. |
Schedule of Investments (unaudited)
CORE FIXED INCOME FUND August 31, 2026
| Investments | Interest Rate | Maturity Date | Principal Amount | Fair Value | ||||||||
| LONG-TERM INVESTMENTS 116.56% | ||||||||||||
| ASSET-BACKED SECURITIES 17.51% | ||||||||||||
| Automobiles 9.22% | ||||||||||||
| Bank of America Auto Trust Series 2023-2A Class A3† | 5.74% | 6/15/2028 | $ | 3,992,979 | $ | 4,009,132 | ||||||
| Bank of America Auto Trust Series 2024-1A Class A3† | 5.35% | 11/15/2028 | 6,760,756 | 6,789,800 | ||||||||
| Bridgecrest Lending Auto Securitization Trust Series 2026-3 Class A3 | 4.64% | 4/15/2030 | 7,570,000 | 7,573,507 | ||||||||
| CarMax Auto Owner Trust Series 2023-2 Class A4 | 5.01% | 11/15/2028 | 1,180,000 | 1,184,035 | ||||||||
| CarMax Auto Owner Trust Series 2024-2 Class B | 5.69% | 11/15/2029 | 4,215,000 | 4,272,041 | ||||||||
| CarMax Select Receivables Trust Series 2026-B Class A3 | 4.64% | 12/16/2030 | 6,035,000 | 6,028,703 | ||||||||
| Carvana Auto Receivables Trust Series 2026-P3 Class A4 | 5.00% | 8/10/2032 | 15,565,000 | 15,540,028 | ||||||||
| Chase Auto Owner Trust Series 2024-1A Class A3† | 5.13% | 5/25/2029 | 9,958,084 | 9,997,899 | ||||||||
| Citizens Auto Receivables Trust Series 2023-1 Class A3† | 5.84% | 1/18/2028 | 105,483 | 105,549 | ||||||||
| Citizens Auto Receivables Trust Series 2023-1 Class A4† | 5.78% | 10/15/2030 | 2,190,000 | 2,199,254 | ||||||||
| Citizens Auto Receivables Trust Series 2023-2 Class A3† | 5.83% | 2/15/2028 | 1,583,074 | 1,585,295 | ||||||||
| Citizens Auto Receivables Trust Series 2024-2 Class A4† | 5.26% | 4/15/2031 | 14,270,000 | 14,373,044 | ||||||||
| Consumer Portfolio Services Auto Trust Series 2025-D Class B† | 4.48% | 4/15/2030 | 5,852,000 | 5,836,351 | ||||||||
| Drive Auto Receivables Trust Series 2025-2 Class A3 | 4.14% | 9/15/2032 | 8,460,000 | 8,451,636 | ||||||||
| Exeter Automobile Receivables Trust Series 2023-1A Class D | 6.69% | 6/15/2029 | 1,333,017 | 1,340,605 | ||||||||
| Exeter Automobile Receivables Trust Series 2023-3A Class D | 6.68% | 4/16/2029 | 6,066,446 | 6,128,856 | ||||||||
| Exeter Automobile Receivables Trust Series 2024-4A Class B | 5.29% | 8/15/2030 | 1,878,250 | 1,879,400 | ||||||||
| Exeter Automobile Receivables Trust Series 2024-4A Class C | 5.48% | 8/15/2030 | 6,550,000 | 6,583,069 | ||||||||
| Exeter Automobile Receivables Trust Series 2024-5A Class B | 4.48% | 4/16/2029 | 4,099,214 | 4,101,096 | ||||||||
| Exeter Automobile Receivables Trust Series 2025-1A Class B | 4.91% | 8/15/2029 | 13,348,684 | 13,372,043 | ||||||||
| Exeter Automobile Receivables Trust Series 2025-3A Class A3 | 4.78% | 7/16/2029 | 6,529,734 | 6,540,653 | ||||||||
| Exeter Automobile Receivables Trust Series 2025-4A Class A3 | 4.39% | 9/17/2029 | 14,990,763 | 14,996,381 | ||||||||
| See Notes to Schedule of Investments. | 7 |
Schedule of Investments (unaudited)(continued)
CORE FIXED INCOME FUND August 31, 2026
| Investments | Interest Rate | Maturity Date | Principal Amount | Fair Value | ||||||||
| Automobiles (continued) | ||||||||||||
| Exeter Automobile Receivables Trust Series 2025-5A Class A3 | 4.24% | 11/15/2029 | $ | 12,225,000 | $ | 12,211,747 | ||||||
| Exeter Automobile Receivables Trust Series 2026-3A Class B | 4.70% | 3/17/2031 | 6,260,000 | 6,237,844 | ||||||||
| First Investors Auto Owner Trust Series 2025-1A Class B† | 4.39% | 1/15/2031 | 13,375,000 | 13,271,039 | ||||||||
| Ford Credit Auto Lease Trust Series 2025-A Class B | 4.96% | 2/15/2029 | 8,845,000 | 8,877,350 | ||||||||
| Ford Credit Auto Lease Trust Series 2026-A Class A3 | 4.00% | 7/15/2029 | 4,376,000 | 4,345,278 | ||||||||
| Ford Credit Auto Owner Trust Series 2023-A Class C | 5.51% | 9/15/2030 | 7,250,000 | 7,282,964 | ||||||||
| Ford Credit Auto Owner Trust Series 2026-2 Class A† | 4.86% | (a) | 2/15/2039 | 10,000,000 | 9,975,654 | |||||||
| GLS Auto Receivables Issuer Trust Series 2026-3A Class B† | 4.92% | 12/16/2030 | 8,535,000 | 8,525,314 | ||||||||
| GLS Auto Select Receivables Trust Series 2024-2A Class B† | 5.64% | 6/17/2030 | 5,151,000 | 5,202,152 | ||||||||
| GM Financial Consumer Automobile Receivables Trust Series 2023-2 Class C | 5.21% | 12/18/2028 | 4,935,000 | 4,953,310 | ||||||||
| GM Financial Consumer Automobile Receivables Trust Series 2023-4 Class A3 | 5.78% | 8/16/2028 | 4,301,310 | 4,323,828 | ||||||||
| GM Financial Consumer Automobile Receivables Trust Series 2024-2 Class C | 5.43% | 12/17/2029 | 2,815,000 | 2,837,283 | ||||||||
| Honda Auto Receivables Owner Trust Series 2023-3 Class A4 | 5.30% | 12/18/2029 | 1,536,000 | 1,541,283 | ||||||||
| Honda Auto Receivables Owner Trust Series 2024-1 Class A3 | 5.21% | 8/15/2028 | 7,514,197 | 7,544,765 | ||||||||
| Hyundai Auto Lease Securitization Trust Series 2025-A Class A3† | 4.83% | 1/18/2028 | 7,015,000 | 7,030,554 | ||||||||
| Hyundai Auto Lease Securitization Trust Series 2025-B Class B† | 4.94% | 8/15/2029 | 5,310,000 | 5,327,912 | ||||||||
| Hyundai Auto Lease Securitization Trust Series 2026-B Class A3† | 4.21% | 4/16/2029 | 20,185,000 | 20,073,098 | ||||||||
| Hyundai Auto Receivables Trust Series 2023-C Class B | 6.01% | 12/17/2029 | 5,130,000 | 5,218,996 | ||||||||
| LAD Auto Receivables Trust Series 2026-2A Class A3† | 4.33% | 8/15/2031 | 12,525,000 | 12,418,358 | ||||||||
| Nissan Auto Lease Trust Series 2025-A Class A3 | 4.75% | 3/15/2028 | 10,905,000 | 10,934,051 | ||||||||
| Nissan Auto Receivables Owner Trust Series 2023-A Class A4 | 4.85% | 6/17/2030 | 1,385,000 | 1,388,886 | ||||||||
| Nissan Auto Receivables Owner Trust Series 2023-B Class A3 | 5.93% | 3/15/2028 | 1,066,727 | 1,069,731 | ||||||||
| PenFed Auto Receivables Owner Trust Series 2024-A Class A4† | 4.75% | 3/15/2030 | 11,124,000 | 11,149,634 | ||||||||
| Porsche Financial Auto Securitization Trust Series 2023-2A Class A4† | 5.79% | 11/24/2031 | 4,950,000 | 4,974,259 | ||||||||
| 8 | See Notes to Schedule of Investments. |
Schedule of Investments (unaudited)(continued)
CORE FIXED INCOME FUND August 31, 2026
| Investments | Interest Rate | Maturity Date | Principal Amount | Fair Value | ||||||||
| Automobiles (continued) | ||||||||||||
| Porsche Innovative Lease Owner Trust Series 2026-1A Class A3 | 4.41% | 8/20/2029 | $ | 7,500,000 | $ | 7,486,662 | ||||||
| Prestige Auto Receivables Trust Series 2025-1A Class C† | 5.52% | 2/15/2030 | 9,415,000 | 9,433,220 | ||||||||
| Santander Drive Auto Receivables Trust Series 2023-5 Class C | 6.43% | 2/18/2031 | 11,865,000 | 12,082,844 | ||||||||
| Santander Drive Auto Receivables Trust Series 2024-5 Class A3 | 4.62% | 11/15/2028 | 392,902 | 392,969 | ||||||||
| Santander Drive Auto Receivables Trust Series 2025-2 Class B | 4.87% | 5/15/2031 | 6,980,000 | 7,003,806 | ||||||||
| SFS Auto Receivables Securitization Trust Series 2024-3A Class A3† | 4.55% | 6/20/2030 | 12,098,465 | 12,109,600 | ||||||||
| SFS Auto Receivables Securitization Trust Series 2025-1A Class B† | 5.11% | 2/20/2031 | 9,161,000 | 9,218,700 | ||||||||
| Westlake Automobile Receivables Trust Series 2024-1A Class C† | 5.65% | 2/15/2029 | 12,066,976 | 12,113,875 | ||||||||
| Westlake Automobile Receivables Trust Series 2026-1A Class A3† | 4.01% | 7/16/2029 | 12,815,000 | 12,757,468 | ||||||||
| World Omni Auto Receivables Trust Series 2023-D Class A3 | 5.79% | 2/15/2029 | 6,247,154 | 6,285,721 | ||||||||
| World Omni Auto Receivables Trust Series 2024-A Class A3 | 4.86% | 3/15/2029 | 3,652,398 | 3,662,113 | ||||||||
| World Omni Automobile Lease Securitization Trust Series 2025-A Class B | 4.68% | 5/15/2030 | 12,390,000 | 12,403,106 | ||||||||
| World Omni Select Auto Trust Series 2025-A Class A2A | 4.14% | 5/15/2030 | 3,792,131 | 3,787,550 | ||||||||
| Total | 428,341,301 | |||||||||||
| Credit Card 0.60% | ||||||||||||
| Robinhood Credit Card Trust Series 2026-1A Class A† | 4.80% | 7/21/2031 | 9,190,000 | 9,173,031 | ||||||||
| Synchrony Card Issuance Trust Series 2026-A2 Class A | 4.69% | 7/15/2032 | 18,660,000 | 18,617,741 | ||||||||
| Total | 27,790,772 | |||||||||||
| Other 7.69% | ||||||||||||
| 720 East CLO VIII Ltd. Series 2025-8A Class A1† | 5.039% (3 mo. USD Term SOFR + 1.31%) | # | 7/20/2038 | 10,830,000 | 10,857,595 | |||||||
| ACREC LLC Series 2026-FL5 Class A† | 4.997% (1 mo. USD Term SOFR + 1.35%) | # | 7/18/2043 | 5,090,000 | 5,094,759 | |||||||
| Affirm Master Trust Series 2025-3A Class A† | 4.45% | 10/16/2034 | 7,500,000 | 7,437,506 | ||||||||
| Affirm Master Trust Series 2026-1A Class A† | 4.37% | 2/15/2034 | 7,770,000 | 7,719,458 | ||||||||
| Apidos CLO XXIX Series 2018-29A Class A2R† | 5.46% (3 mo. USD Term SOFR + 1.65%) | # | 7/25/2038 | 7,250,000 | 7,284,089 | |||||||
| See Notes to Schedule of Investments. | 9 |
Schedule of Investments (unaudited)(continued)
CORE FIXED INCOME FUND August 31, 2026
| Investments | Interest Rate | Maturity Date | Principal Amount | Fair Value | ||||||||
| Other (continued) | ||||||||||||
| Arbor Realty Commercial Real Estate Notes LLC Series 2026-FL1 Class A† | 5.153% (1 mo. USD Term SOFR + 1.50% | )# | 9/20/2043 | $ | 5,160,000 | $ | 5,177,855 | |||||
| Arbor Realty Commercial Real Estate Notes LLC Series 2026-FL2 Class A† | 5.153% (1 mo. USD Term SOFR + 1.50%) | # | 4/20/2044 | 480,000 | 480,751 | |||||||
| ARES Loan Funding V Ltd. Series 2024-ALF5A Class A1R† | 5.03% (3 mo. USD Term SOFR + 1.22%) | # | 7/25/2037 | 11,780,000 | 11,789,683 | |||||||
| Avant Loans Funding Trust Series 2024-REV1 Class A† | 5.92% | 10/15/2033 | 8,890,000 | 8,900,877 | ||||||||
| Barings CLO Ltd. Series 2024-2AR Class A2R†(b) | – | (c) | 7/15/2037 | 4,290,000 | 4,291,072 | |||||||
| Barrow Hanley CLO III Ltd. Series 2024-3A Class AR† | 4.999% (3 mo. USD Term SOFR + 1.27%) | # | 4/20/2038 | 8,980,000 | 8,985,020 | |||||||
| BBAM U.S. CLO III Ltd. Series 2023-3A Class A1R† | 4.923% (3 mo. USD Term SOFR + 1.17%) | # | 10/15/2038 | 21,840,000 | 21,854,764 | |||||||
| Birch Grove CLO 8 Ltd. Series 2024-8A Class A1R† | 5.019% (3 mo. USD Term SOFR + 1.29%) | # | 4/20/2039 | 10,070,000 | 10,105,245 | |||||||
| BSPDF Issuer LLC Series 2026-FL4 Class A† | 5.089% (1 mo. USD Term SOFR + 1.45%) | # | 11/18/2043 | 7,230,000 | 7,244,821 | |||||||
| Greenacre Park CLO LLC Series 2021-2A Class BR† | 5.429% (3 mo. USD Term SOFR + 1.70%) | # | 7/20/2038 | 7,055,000 | 7,083,291 | |||||||
| GreenSky Home Improvement Issuer Trust Series 2026-REV1 Class A† | 4.93% | 5/15/2041 | 12,490,000 | 12,452,811 | ||||||||
| Lending Funding Trust Series 2020-2A Class A† | 2.32% | 4/21/2031 | 1,379,134 | 1,368,659 | ||||||||
| Lendmark Funding Trust Series 2021-1A Class C† | 3.41% | 11/20/2031 | 2,095,000 | 2,020,801 | ||||||||
| Lendmark Funding Trust Series 2021-2A Class B† | 2.37% | 4/20/2032 | 6,465,000 | 6,109,392 | ||||||||
| Lendmark Funding Trust Series 2024-2A Class A† | 4.47% | 2/21/2034 | 13,177,000 | 13,102,392 | ||||||||
| M&T Equipment Notes Series 2025-1A Class A2† | 4.70% | 12/16/2027 | 6,622,734 | 6,632,860 | ||||||||
| Madison Park Funding XLVII Ltd. Series 2020-47A Class A2R2† | 5.226% (3 mo. USD Term SOFR + 1.50%) | # | 4/19/2037 | 13,400,000 | 13,406,258 | |||||||
| Mariner Finance Issuance Trust Series 2021-AA Class D† | 3.83% | 3/20/2036 | 2,420,000 | 2,354,627 | ||||||||
| Mariner Finance Issuance Trust Series 2026-AA Class A† | 5.01% | 5/20/2039 | 13,140,000 | 13,081,919 | ||||||||
| MF1 LLC Series 2022-FL9 Class A† | 5.797% (1 mo. USD Term SOFR + 2.15%) | # | 6/19/2037 | 2,211,456 | 2,211,738 | |||||||
| MF1 LLC Series 2026-FL22 Class A† | 5.039% (1 mo. USD Term SOFR + 1.40%) | # | 11/18/2043 | 11,790,000 | 11,825,002 | |||||||
| 10 | See Notes to Schedule of Investments. |
Schedule of Investments (unaudited)(continued)
CORE FIXED INCOME FUND August 31, 2026
| Investments | Interest Rate | Maturity Date | Principal Amount | Fair Value | ||||||||
| Other (continued) | ||||||||||||
| Mountain Point CLO 2 Ltd. Series 2026-2A Class A1†(b) | – | (c) | 10/23/2039 | $ | 14,500,000 | $ | 14,503,697 | |||||
| OCP CLO Ltd. Series 2024-33A Class A2R† | 5.097% (3 mo. USD Term SOFR + 1.40%) | # | 7/20/2039 | 7,000,000 | 7,003,010 | |||||||
| OHA Loan Funding Ltd. Series LF16-1A Class A2R3† | 5.124% (3 mo. USD Term SOFR + 1.41%) | # | 8/28/2039 | 4,350,000 | 4,351,109 | |||||||
| Palmer Square CLO Ltd. Series 2026-3A Class A†(b) | – | (c) | 10/20/2038 | 12,810,000 | 12,813,267 | |||||||
| PEAC Solutions Receivables LLC Series 2024-2A Class A3† | 4.65% | 10/20/2031 | 13,870,000 | 13,875,802 | ||||||||
| PEAC Solutions Receivables LLC Series 2026-1A Class A3† | 4.39% | 7/20/2033 | 8,505,000 | 8,422,650 | ||||||||
| PFP Ltd. Series 2026-14 Class A† | 4.959% (1 mo. USD Term SOFR + 1.32%) | # | 12/18/2043 | 7,250,000 | 7,256,887 | |||||||
| PFS Financing Corp. Series 2024-D Class A† | 5.34% | 4/15/2029 | 5,247,000 | 5,277,471 | ||||||||
| Post Road Equipment Finance LLC Series 2026-1A Class A2† | 4.47% | 1/18/2033 | 10,710,000 | 10,672,164 | ||||||||
| RR 47 Ltd. Series 2026-47A Class A1AR† | 4.961% (3 mo. USD Term SOFR + 1.25%) | # | 10/15/2041 | 8,880,000 | 8,882,264 | |||||||
| SCF Equipment Leasing LLC Series 2024-1A Class A3† | 5.52% | 1/20/2032 | 10,626,168 | 10,696,422 | ||||||||
| Silver Point CLO 10 Ltd. Series 2025-10A Class A1† | 5.203% (3 mo. USD Term SOFR + 1.45%) | # | 7/15/2038 | 11,150,000 | 11,168,888 | |||||||
| T-Mobile U.S. Trust Series 2026-2A Class A† | 4.74% | 3/20/2031 | 9,225,000 | 9,237,911 | ||||||||
| Verizon Master Trust Series 2023-7 Class A1A | 5.67% | 11/20/2029 | 11,908,000 | 11,944,353 | ||||||||
| Voya CLO Ltd. Series 2024-4A Class A2R† | 5.122% (3 mo. USD Term SOFR + 1.43%) | # | 7/20/2039 | 4,640,000 | 4,642,288 | |||||||
| Wellfleet CLO Ltd. Series 2021-1A Class BR† | 5.379% (3 mo. USD Term SOFR + 1.65%) | # | 4/20/2034 | 2,310,000 | 2,315,184 | |||||||
| Wind River CLO Ltd. Series 2024-1A Class AR† | 5.059% (3 mo. USD Term SOFR + 1.33%) | # | 4/20/2037 | 5,310,000 | 5,321,305 | |||||||
| Total | 357,257,917 | |||||||||||
| Total Asset-Backed Securities (cost $815,048,445) | 813,389,990 | |||||||||||
| CORPORATE BONDS 37.85% | ||||||||||||
| Aerospace/Defense 0.71% | ||||||||||||
| BAE Systems PLC (United Kingdom)†(d) | 5.125% | 3/26/2029 | 9,802,000 | 9,888,829 | ||||||||
| Hexcel Corp. | 5.875% | 2/26/2035 | 7,862,000 | 7,925,843 | ||||||||
| Howmet Aerospace, Inc. | 3.75% | 3/3/2028 | 5,289,000 | 5,220,825 | ||||||||
| Northrop Grumman Corp. | 3.25% | 1/15/2028 | 10,076,000 | 9,898,570 | ||||||||
| Total | 32,934,067 | |||||||||||
| See Notes to Schedule of Investments. | 11 |
Schedule of Investments (unaudited)(continued)
CORE FIXED INCOME FUND August 31, 2026
| Investments | Interest Rate | Maturity Date | Principal Amount | Fair Value | ||||||||
| Agriculture 0.91% | ||||||||||||
| Altria Group, Inc. | 4.875% | 2/4/2028 | $ | 13,429,000 | $ | 13,472,431 | ||||||
| Imperial Brands Finance PLC (United Kingdom)†(d) | 5.50% | 2/1/2030 | 15,589,000 | 15,768,970 | ||||||||
| Imperial Brands Finance PLC (United Kingdom)†(d) | 5.875% | 7/1/2034 | 3,203,000 | 3,248,224 | ||||||||
| Japan Tobacco, Inc. (Japan)†(d) | 4.85% | 5/15/2028 | 5,397,000 | 5,413,119 | ||||||||
| Japan Tobacco, Inc. (Japan)†(d) | 5.85% | 6/15/2035 | 4,379,000 | 4,500,131 | ||||||||
| Total | 42,402,875 | |||||||||||
| Auto Manufacturers 0.54% | ||||||||||||
| Ford Motor Credit Co. LLC | 5.303% | 9/6/2029 | 11,569,000 | 11,536,097 | ||||||||
| Hyundai Capital America† | 4.90% | 6/23/2028 | 9,877,000 | 9,878,167 | ||||||||
| Toyota Motor Credit Corp. | 4.55% | 9/20/2027 | 3,619,000 | 3,624,712 | ||||||||
| Total | 25,038,976 | |||||||||||
| Banks 8.64% | ||||||||||||
| ABN AMRO Bank NV (Netherlands)†(d) | 3.324% (5 yr. CMT + 1.90%) | # | 3/13/2037 | 7,800,000 | 6,933,511 | |||||||
| Banco Internacional del Peru SAA Interbank (Peru)†(d) | 4.80% | 7/15/2031 | 6,076,000 | 5,933,700 | ||||||||
| Banco Nacional de Comercio Exterior SNC (Cayman Islands)†(d) | 5.875% | 5/7/2030 | 9,433,000 | 9,607,510 | ||||||||
| Banco Santander Chile (Chile)†(d) | 4.55% | 11/20/2030 | 6,460,000 | 6,341,203 | ||||||||
| Bank of America Corp. | 3.593% (3 mo. USD Term SOFR + 1.63%) | # | 7/21/2028 | 14,259,000 | 14,137,253 | |||||||
| Bank of America Corp. | 3.97% (3 mo. USD Term SOFR + 1.33%) | # | 3/5/2029 | 18,874,000 | 18,654,321 | |||||||
| Bank of America Corp. | 5.872% (SOFR + 1.84%) | # | 9/15/2034 | 10,000,000 | 10,286,401 | |||||||
| Bank of Ireland Group PLC (Ireland)†(d) | 4.997% (SOFR + 1.16%) | # | 11/12/2032 | 3,696,000 | 3,635,338 | |||||||
| Barclays PLC (United Kingdom)(d) | 6.496% (SOFR + 1.88%) | # | 9/13/2027 | 18,000,000 | 18,012,130 | |||||||
| Citigroup, Inc. | 3.887% (3 mo. USD Term SOFR + 1.82%) | # | 1/10/2028 | 16,090,000 | 16,056,307 | |||||||
| Citigroup, Inc. | 3.98% (3 mo. USD Term SOFR + 1.60%) | # | 3/20/2030 | 9,838,000 | 9,610,170 | |||||||
| Citigroup, Inc. | 5.174% (SOFR + 1.49%) | # | 9/11/2036 | 6,714,000 | 6,525,528 | |||||||
| Citigroup, Inc. | 5.827% (SOFR + 2.06%) | # | 2/13/2035 | 5,724,000 | 5,712,413 | |||||||
| Citizens Financial Group, Inc. | 5.718% (SOFR + 1.91%) | # | 7/23/2032 | 5,000,000 | 5,062,973 | |||||||
| Citizens Financial Group, Inc. | 6.645% (SOFR + 2.33%) | # | 4/25/2035 | 5,984,000 | 6,299,344 | |||||||
| 12 | See Notes to Schedule of Investments. |
Schedule of Investments (unaudited)(continued)
CORE FIXED INCOME FUND August 31, 2026
| Investments | Interest Rate | Maturity Date | Principal Amount | Fair Value | ||||||||
| Banks (continued) | ||||||||||||
| Federation des Caisses Desjardins du Quebec (Canada)†(d) | 5.021% | 5/27/2031 | $ | 4,376,000 | $ | 4,347,814 | ||||||
| Goldman Sachs Group, Inc. | 2.383% (SOFR + 1.25%) | # | 7/21/2032 | 8,226,000 | 7,181,926 | |||||||
| Goldman Sachs Group, Inc. | 4.153% (SOFR + 0.90%) | # | 10/21/2029 | 8,013,000 | 7,887,309 | |||||||
| Goldman Sachs Group, Inc. | 5.016% (SOFR + 1.42%) | # | 10/23/2035 | 10,000,000 | 9,603,728 | |||||||
| Goldman Sachs Group, Inc. | 5.094% (SOFR + 1.34%) | # | 4/20/2034 | 5,573,000 | 5,438,212 | |||||||
| HDFC Bank Ltd. (India)†(d) | 5.159% | 8/26/2029 | 5,147,000 | 5,130,395 | ||||||||
| JPMorgan Chase & Co. | 2.069% (SOFR + 1.02%) | # | 6/1/2029 | 6,695,000 | 6,395,115 | |||||||
| JPMorgan Chase & Co. | 2.963% (SOFR + 1.26%) | # | 1/25/2033 | 9,393,000 | 8,389,958 | |||||||
| JPMorgan Chase & Co. | 5.148% (SOFR + 1.26%) | # | 4/23/2037 | 4,678,000 | 4,527,068 | |||||||
| JPMorgan Chase & Co. | 5.193% (SOFR + 1.30%) | # | 2/5/2037 | 12,700,000 | 12,189,026 | |||||||
| JPMorgan Chase & Co. | 5.294% (SOFR + 1.46%) | # | 7/22/2035 | 10,000,000 | 9,894,532 | |||||||
| JPMorgan Chase & Co. | 5.576% (SOFR + 1.64%) | # | 7/23/2036 | 5,321,000 | 5,297,618 | |||||||
| Kookmin Bank (South Korea)(d) | 4.50% | 2/1/2029 | 264,000 | 260,631 | ||||||||
| Kookmin Bank (South Korea)(d) | 4.50% | 2/1/2029 | 5,597,000 | 5,531,879 | ||||||||
| Macquarie Group Ltd. (Australia)†(d)(e) | 4.654% (3 mo. USD Term SOFR + 1.99%) | # | 3/27/2029 | 11,984,000 | 11,946,703 | |||||||
| Morgan Stanley | 4.431% (3 mo. USD Term SOFR + 1.89%) | # | 1/23/2030 | 15,183,000 | 14,998,343 | |||||||
| Morgan Stanley | 5.25% (SOFR + 1.87%) | # | 4/21/2034 | 3,273,000 | 3,233,723 | |||||||
| Morgan Stanley | 5.296% (SOFR + 1.41%) | # | 4/10/2037 | 4,732,000 | 4,578,607 | |||||||
| Morgan Stanley | 5.297% (SOFR + 2.62%) | # | 4/20/2037 | 3,246,000 | 3,181,717 | |||||||
| Morgan Stanley | 5.32% (SOFR + 1.56%) | # | 7/19/2035 | 20,333,000 | 20,030,087 | |||||||
| Morgan Stanley | 5.424% (SOFR + 1.88%) | # | 7/21/2034 | 6,727,000 | 6,697,414 | |||||||
| Morgan Stanley | 5.605% (SOFR + 1.43%) | # | 7/17/2037 | 3,002,000 | 2,973,377 | |||||||
| NRW Bank (Germany)(d) | 4.625% | 3/8/2027 | 9,340,000 | 9,361,897 | ||||||||
| See Notes to Schedule of Investments. | 13 |
Schedule of Investments (unaudited)(continued)
CORE FIXED INCOME FUND August 31, 2026
| Investments | Interest Rate | Maturity Date | Principal Amount | Fair Value | ||||||||
| Banks (continued) | ||||||||||||
| PNC Financial Services Group, Inc. | 5.676% (SOFR + 1.90%) | # | 1/22/2035 | $ | 3,804,000 | $ | 3,845,778 | |||||
| PNC Financial Services Group, Inc. | 6.037% (SOFR + 2.14%) | # | 10/28/2033 | 10,255,000 | 10,598,489 | |||||||
| Shinhan Bank Co. Ltd. (South Korea)†(d)(e) | 4.00% | 4/23/2029 | 2,539,000 | 2,473,453 | ||||||||
| Truist Financial Corp. | 5.711% (SOFR + 1.92%) | # | 1/24/2035 | 10,282,000 | 10,345,917 | |||||||
| Truist Financial Corp. | 5.867% (SOFR + 2.36%) | # | 6/8/2034 | 4,175,000 | 4,249,761 | |||||||
| U.S. Bancorp | 4.839% (SOFR + 1.60%) | # | 2/1/2034 | 13,037,000 | 12,641,806 | |||||||
| UBS Group AG (Switzerland)†(d) | 6.327% (1 yr. CMT + 1.60%) | # | 12/22/2027 | 5,626,000 | 5,654,879 | |||||||
| Wells Fargo & Co. | 2.393% (SOFR + 2.10%) | # | 6/2/2028 | 6,505,000 | 6,399,438 | |||||||
| Wells Fargo & Co. | 3.584% (3 mo. USD Term SOFR + 1.57%) | # | 5/22/2028 | 14,816,000 | 14,712,603 | |||||||
| Wells Fargo Bank NA | 5.85% | 2/1/2037 | 5,225,000 | 5,277,280 | ||||||||
| Westpac Banking Corp. (Australia)(d) | 3.371% | 6/7/2027 | 11,742,000 | 11,659,343 | ||||||||
| Westpac Banking Corp. (Australia)†(d) | 3.371% | 6/7/2027 | 1,680,000 | 1,668,174 | ||||||||
| Total | 401,412,102 | |||||||||||
| Beverages 0.27% | ||||||||||||
| Coca-Cola Consolidated, Inc. | 5.45% | 6/1/2034 | 12,341,000 | 12,456,744 | ||||||||
| Biotechnology 0.48% | ||||||||||||
| Amgen, Inc. | 5.15% | 3/2/2028 | 15,902,000 | 16,002,933 | ||||||||
| Regeneron Pharmaceuticals, Inc. | 2.80% | 9/15/2050 | 7,105,000 | 4,138,155 | ||||||||
| Royalty Pharma PLC | 3.35% | 9/2/2051 | 3,509,000 | 2,251,009 | ||||||||
| Total | 22,392,097 | |||||||||||
| Building Materials 0.13% | ||||||||||||
| Martin Marietta Materials, Inc. | 5.20% | 1/30/2032 | 6,009,000 | 6,011,748 | ||||||||
| Commercial Services 0.34% | ||||||||||||
| Global Payments, Inc. | 5.20% | 11/15/2032 | 10,097,000 | 9,747,353 | ||||||||
| Quanta Services, Inc. | 5.30% | 8/9/2033 | 6,027,000 | 5,969,923 | ||||||||
| Total | 15,717,276 | |||||||||||
| Computers 0.13% | ||||||||||||
| Gartner, Inc.† | 4.50% | 7/1/2028 | 6,230,000 | 6,133,369 | ||||||||
| 14 | See Notes to Schedule of Investments. |
Schedule of Investments (unaudited)(continued)
CORE FIXED INCOME FUND August 31, 2026
| Investments | Interest Rate | Maturity Date | Principal Amount | Fair Value | ||||||||
| Diversified Financial Services 2.17% | ||||||||||||
| Aircastle Ltd.† | 2.85% | 1/26/2028 | $ | 12,633,000 | $ | 12,282,589 | ||||||
| American Express Co. | 5.284% (SOFR + 1.42%) | # | 7/26/2035 | 6,153,000 | 6,088,846 | |||||||
| Atlas Warehouse Lending Co. LP† | 4.95% | 11/15/2030 | 5,764,000 | 5,634,168 | ||||||||
| Aviation Capital Group LLC† | 4.875% | 1/28/2033 | 3,248,000 | 3,110,346 | ||||||||
| Aviation Capital Group LLC† | 5.375% | 7/15/2029 | 10,830,000 | 10,899,845 | ||||||||
| Aviation Capital Group LLC† | 6.75% | 10/25/2028 | 4,180,000 | 4,319,478 | ||||||||
| Avilease Capital Ltd. (Cayman Islands)†(d) | 4.75% | 11/12/2030 | 7,112,000 | 6,907,227 | ||||||||
| Avolon Holdings Funding Ltd. (Ireland)†(d) | 2.528% | 11/18/2027 | 927,000 | 902,107 | ||||||||
| Avolon Holdings Funding Ltd. (Ireland)†(d) | 5.75% | 11/15/2029 | 3,876,000 | 3,933,472 | ||||||||
| Cboe Global Markets, Inc. | 3.65% | 1/12/2027 | 6,217,000 | 6,203,435 | ||||||||
| Citadel Securities Global Holdings LLC† | 6.20% | 6/18/2035 | 11,618,000 | 11,678,184 | ||||||||
| Intercontinental Exchange, Inc. | 5.15% | 9/1/2033 | 5,693,000 | 5,673,211 | ||||||||
| Lseg U.S. Fin Corp.† | 5.297% | 3/28/2034 | 4,657,000 | 4,603,848 | ||||||||
| Neuberger Berman Group LLC/Neuberger Berman Finance Corp.† | 4.50% | 3/15/2027 | 4,435,000 | 4,429,165 | ||||||||
| Private Export Funding Corp.† | 3.85% | 1/27/2028 | 14,388,000 | 14,253,151 | ||||||||
| Total | 100,919,072 | |||||||||||
| Electric 5.34% | ||||||||||||
| AEP Texas, Inc. | 5.20% | 4/15/2036 | 15,850,000 | 15,300,978 | ||||||||
| Alfa Desarrollo SpA (Chile)†(d) | 4.55% | 9/27/2051 | 8,035,247 | 6,314,698 | ||||||||
| American Transmission Systems, Inc.† | 2.65% | 1/15/2032 | 18,150,000 | 16,025,855 | ||||||||
| Capital Power U.S. Holdings, Inc.† | 5.257% | 6/1/2028 | 5,364,000 | 5,373,766 | ||||||||
| Capital Power U.S. Holdings, Inc.† | 6.189% | 6/1/2035 | 9,622,000 | 9,753,336 | ||||||||
| Chile Electricity Lux MPC II SARL (Luxembourg)†(d) | 5.58% | 10/20/2035 | 7,204,212 | 7,193,405 | ||||||||
| Chpe LLC† | 5.10% | 6/30/2033 | 7,104,000 | 6,969,469 | ||||||||
| Chpe LLC† | 5.35% | 6/30/2036 | 5,594,000 | 5,441,406 | ||||||||
| Commonwealth Edison Co. | 5.95% | 6/1/2055 | 4,242,000 | 4,142,033 | ||||||||
| Constellation Energy Generation LLC | 5.00% | 2/1/2031 | 9,595,000 | 9,508,128 | ||||||||
| Constellation Energy Generation LLC | 5.60% | 6/15/2042 | 4,663,000 | 4,462,996 | ||||||||
| Consumers Energy Co. | 5.125% | 5/1/2036 | 6,714,000 | 6,572,088 | ||||||||
| Duke Energy Indiana LLC | 5.25% | 3/1/2034 | 8,216,000 | 8,175,130 | ||||||||
| Electricite de France SA (France)(d) | 4.50% | 12/4/2069 | 5,800,000 | 3,944,403 | ||||||||
| ENEL Finance International NV (Netherlands)†(d) | 5.125% | 6/26/2029 | 5,488,000 | 5,523,870 | ||||||||
| Entergy Louisiana LLC | 4.90% | 4/15/2036 | 2,490,000 | 2,369,186 | ||||||||
| Entergy Louisiana LLC | 5.15% | 9/15/2034 | 5,000,000 | 4,927,064 | ||||||||
| Entergy Louisiana LLC | 5.70% | 3/15/2054 | 5,018,000 | 4,720,421 | ||||||||
| Evergy Missouri West, Inc.† | 5.65% | 6/1/2034 | 12,641,000 | 12,649,368 | ||||||||
| FIEMEX Energia - Banco Actinver SA Institucion de Banca Multiple (Mexico)†(d) | 7.25% | 1/31/2041 | 3,571,334 | 3,570,334 | ||||||||
| See Notes to Schedule of Investments. | 15 |
Schedule of Investments (unaudited)(continued)
CORE FIXED INCOME FUND August 31, 2026
| Investments | Interest Rate | Maturity Date | Principal Amount | Fair Value | ||||||||
| Electric (continued) | ||||||||||||
| Florida Power & Light Co. | 5.80% | 3/15/2065 | $ | 2,820,000 | $ | 2,659,824 | ||||||
| IPALCO Enterprises, Inc. | 4.25% | 5/1/2030 | 12,000,000 | 11,618,303 | ||||||||
| Liberty Utilities Co.† | 5.869% | 1/31/2034 | 8,756,000 | 8,820,920 | ||||||||
| Louisville Gas & Electric Co. | 5.85% | 8/15/2055 | 4,711,000 | 4,526,218 | ||||||||
| Narragansett Electric Co.† | 5.35% | 5/1/2034 | 6,045,000 | 5,988,969 | ||||||||
| Oglethorpe Power Corp. | 5.80% | 6/1/2054 | 4,902,000 | 4,576,673 | ||||||||
| Ohio Edison Co. | 8.25% | 10/15/2038 | 2,419,000 | 2,964,397 | ||||||||
| Pacific Gas & Electric Co. | 2.50% | 2/1/2031 | 9,326,000 | 8,309,944 | ||||||||
| Pacific Gas & Electric Co. | 5.20% | 5/1/2036 | 4,077,000 | 3,848,149 | ||||||||
| Pacific Gas & Electric Co. | 5.80% | 5/15/2034 | 12,106,000 | 12,125,745 | ||||||||
| Perusahaan Perseroan Persero PT Perusahaan Listrik Negara (Indonesia)(d) | 4.125% | 5/15/2027 | 9,992,000 | 9,952,952 | ||||||||
| PSEG Power LLC† | 5.75% | 5/15/2035 | 3,647,000 | 3,639,842 | ||||||||
| Virginia Electric & Power Co. | 4.95% | 3/15/2036 | 4,848,000 | 4,613,700 | ||||||||
| Virginia Electric & Power Co. | 5.65% | 8/15/2036 | 3,115,000 | 3,121,595 | ||||||||
| Vistra Operations Co. LLC† | 5.70% | 12/30/2034 | 18,631,000 | 18,386,176 | ||||||||
| Total | 248,091,341 | |||||||||||
| Electronics 0.62% | ||||||||||||
| nVent Finance SARL (Luxembourg)(d) | 4.55% | 4/15/2028 | 10,940,000 | 10,884,170 | ||||||||
| nVent Finance SARL (Luxembourg)(d) | 5.65% | 5/15/2033 | 5,387,000 | 5,455,372 | ||||||||
| Vontier Corp. | 2.95% | 4/1/2031 | 13,605,000 | 12,309,807 | ||||||||
| Total | 28,649,349 | |||||||||||
| Engineering & Construction 0.13% | ||||||||||||
| Sitios Latinoamerica SAB de CV (Mexico)†(d) | 6.00% | 11/25/2029 | 6,107,000 | 6,188,223 | ||||||||
| Entertainment 0.17% | ||||||||||||
| Flutter Treasury DAC (Ireland)†(d) | 5.875% | 6/4/2031 | 7,905,000 | 7,773,674 | ||||||||
| Food 0.78% | ||||||||||||
| JBS NV/JBS USA Foods Group Holdings, Inc./JBS USA Food Co. Holdings (Netherlands)(d) | 5.50% | 1/15/2036 | 7,107,000 | 6,924,179 | ||||||||
| Pilgrim’s Pride Corp. | 3.50% | 3/1/2032 | 14,563,000 | 13,194,359 | ||||||||
| Smithfield Foods, Inc.† | 2.625% | 9/13/2031 | 18,197,000 | 16,014,136 | ||||||||
| Total | 36,132,674 | |||||||||||
| Gas 0.82% | ||||||||||||
| National Fuel Gas Co. | 4.75% | 5/15/2029 | 9,377,000 | 9,302,757 | ||||||||
| National Fuel Gas Co. | 5.50% | 5/15/2036 | 3,845,000 | 3,740,626 | ||||||||
| National Fuel Gas Co. | 5.95% | 3/15/2035 | 4,483,000 | 4,559,673 | ||||||||
| NiSource, Inc. | 5.30% | 5/18/2036 | 1,715,000 | 1,670,965 | ||||||||
| ONE Gas, Inc. | 5.45% | 9/1/2036 | 6,009,000 | 5,967,273 | ||||||||
| 16 | See Notes to Schedule of Investments. |
Schedule of Investments (unaudited)(continued)
CORE FIXED INCOME FUND August 31, 2026
| Investments | Interest Rate | Maturity Date | Principal Amount | Fair Value | ||||||||
| Gas (continued) | ||||||||||||
| Piedmont Natural Gas Co., Inc. | 3.50% | 6/1/2029 | $ | 6,061,000 | $ | 5,858,152 | ||||||
| Southern Co. Gas Capital Corp. | 5.10% | 9/15/2035 | 7,394,000 | 7,141,228 | ||||||||
| Total | 38,240,674 | |||||||||||
| Health Care-Products 0.77% | ||||||||||||
| 180 Medical, Inc.† | 5.30% | 10/8/2035 | 7,480,000 | 7,200,193 | ||||||||
| Baxter International, Inc.(e) | 2.539% | 2/1/2032 | 6,786,000 | 5,833,889 | ||||||||
| Baxter International, Inc. | 5.65% | 12/15/2035 | 16,848,000 | 16,453,160 | ||||||||
| VSP Optical Group, Inc.† | 5.40% | 6/1/2033 | 2,367,000 | 2,343,397 | ||||||||
| VSP Optical Group, Inc.† | 5.45% | 12/1/2035 | 4,262,000 | 4,165,726 | ||||||||
| Total | 35,996,365 | |||||||||||
| Health Care-Services 0.68% | ||||||||||||
| CommonSpirit Health | 5.318% | 12/1/2034 | 5,110,000 | 5,026,099 | ||||||||
| Fresenius Medical Care U.S. Finance III, Inc.† | 2.375% | 2/16/2031 | 5,650,000 | 4,973,967 | ||||||||
| Fresenius Medical Care U.S. Finance III, Inc.† | 3.00% | 12/1/2031 | 6,516,000 | 5,776,070 | ||||||||
| Icon Investments Six DAC (Ireland)†(d) | 5.995% | 8/13/2036 | 4,345,000 | 4,333,782 | ||||||||
| Icon Investments Six DAC (Ireland)(d)(e) | 6.00% | 5/8/2034 | 6,385,000 | 6,451,335 | ||||||||
| UnitedHealth Group, Inc. | 3.45% | 1/15/2027 | 4,926,000 | 4,913,621 | ||||||||
| Total | 31,474,874 | |||||||||||
| Home Furnishings 0.12% | ||||||||||||
| Panasonic Holdings Corp. (Japan)†(d) | 5.362% | 7/8/2036 | 5,628,000 | 5,518,663 | ||||||||
| Insurance 1.47% | ||||||||||||
| Arch Capital Group Ltd. | 5.95% | 6/15/2056 | 2,986,000 | 2,898,408 | ||||||||
| Arch Capital Group Ltd. | 7.35% | 5/1/2034 | 5,000,000 | 5,574,669 | ||||||||
| Assurant, Inc. | 5.55% | 2/15/2036 | 6,248,000 | 6,115,021 | ||||||||
| Athene Global Funding† | 1.985% | 8/19/2028 | 11,690,000 | 11,018,773 | ||||||||
| Brighthouse Financial Global Funding† | 5.65% | 6/10/2029 | 6,508,000 | 6,543,929 | ||||||||
| CNO Global Funding† | 5.875% | 6/4/2027 | 11,648,000 | 11,754,444 | ||||||||
| Jackson National Life Global Funding† | 4.60% | 10/1/2029 | 7,120,000 | 7,014,309 | ||||||||
| New York Life Global Funding† | 4.55% | 1/28/2033 | 7,387,000 | 7,106,684 | ||||||||
| Protective Life Global Funding† | 5.432% | 1/14/2032 | 6,868,000 | 6,910,203 | ||||||||
| Transatlantic Holdings, Inc. | 8.00% | 11/30/2039 | 2,678,000 | 3,187,392 | ||||||||
| Total | 68,123,832 | |||||||||||
| Internet 1.71% | ||||||||||||
| Alphabet, Inc. | 5.45% | 8/15/2036 | 9,354,000 | 9,283,803 | ||||||||
| Alphabet, Inc. | 6.375% | 8/15/2056 | 3,930,000 | 3,957,079 | ||||||||
| Amazon.com, Inc. | 5.80% | 3/13/2056 | 9,491,000 | 8,760,557 | ||||||||
| Beignet Investor LLC† | 6.581% | 5/30/2049 | 16,894,000 | 16,194,196 | ||||||||
| Meituan (China)†(d) | 5.125% | 11/5/2035 | 7,529,000 | 7,072,082 | ||||||||
| See Notes to Schedule of Investments. | 17 |
Schedule of Investments (unaudited)(continued)
CORE FIXED INCOME FUND August 31, 2026
| Investments | Interest Rate | Maturity Date | Principal Amount | Fair Value | ||||||||
| Internet (continued) | ||||||||||||
| Prosus NV (Netherlands)(d)(e) | 4.027% | 8/3/2050 | $ | 6,785,000 | $ | 4,648,362 | ||||||
| Uber Technologies, Inc.† | 4.50% | 8/15/2029 | 14,184,000 | 13,991,052 | ||||||||
| VeriSign, Inc. | 2.70% | 6/15/2031 | 7,378,000 | 6,572,692 | ||||||||
| Weibo Corp. (China)(d)(e) | 3.375% | 7/8/2030 | 9,550,000 | 8,897,163 | ||||||||
| Total | 79,376,986 | |||||||||||
| Iron-Steel 0.18% | ||||||||||||
| Vale Overseas Ltd. (Brazil)(d) | 6.40% | 6/28/2054 | 8,317,000 | 8,213,038 | ||||||||
| Leisure Time 0.50% | ||||||||||||
| Carnival Corp. Ltd.†(e) | 6.125% | 2/15/2033 | 7,569,000 | 7,591,768 | ||||||||
| Royal Caribbean Cruises Ltd.† | 6.00% | 2/1/2033 | 15,576,000 | 15,674,273 | ||||||||
| Total | 23,266,041 | |||||||||||
| Machinery: Construction & Mining 0.14% | ||||||||||||
| Vertiv Holdings Co. | 4.85% | 3/15/2036 | 4,148,000 | 3,927,150 | ||||||||
| Vertiv Holdings Co. | 5.80% | 3/15/2056 | 2,805,000 | 2,626,312 | ||||||||
| Total | 6,553,462 | |||||||||||
| Machinery-Diversified 0.20% | ||||||||||||
| Flowserve Corp. | 5.70% | 5/15/2036 | 9,433,000 | 9,307,121 | ||||||||
| Media 0.71% | ||||||||||||
| Charter Communications Operating LLC/Charter Communications Operating Capital | 5.05% | 3/30/2029 | 5,023,000 | 4,982,274 | ||||||||
| Cox Communications, Inc.† | 1.80% | 10/1/2030 | 6,197,000 | 5,299,368 | ||||||||
| Cox Communications, Inc.† | 2.60% | 6/15/2031 | 4,048,000 | 3,495,320 | ||||||||
| Space Exploration Technologies Corp.† | 5.35% | 7/15/2031 | 8,037,000 | 7,858,719 | ||||||||
| Space Exploration Technologies Corp.† | 5.65% | 7/15/2033 | 7,614,000 | 7,349,498 | ||||||||
| Space Exploration Technologies Corp.† | 5.875% | 7/15/2036 | 4,412,000 | 4,160,149 | ||||||||
| Total | 33,145,328 | |||||||||||
| Mining 1.08% | ||||||||||||
| Anglo American Capital PLC (United Kingdom)†(d) | 5.75% | 4/5/2034 | 2,543,000 | 2,575,559 | ||||||||
| Antofagasta PLC (Chile)†(d) | 6.25% | 5/2/2034 | 8,770,000 | 9,105,926 | ||||||||
| Corp. Nacional del Cobre de Chile (Chile)(d) | 3.00% | 9/30/2029 | 8,715,000 | 8,215,999 | ||||||||
| Corp. Nacional del Cobre de Chile (Chile)(d) | 3.625% | 8/1/2027 | 3,870,000 | 3,830,790 | ||||||||
| Freeport Indonesia PT (Indonesia)(d) | 4.763% | 4/14/2027 | 6,956,000 | 6,965,739 | ||||||||
| Glencore Funding LLC† | 5.634% | 4/4/2034 | 4,442,000 | 4,462,482 | ||||||||
| Minera Mexico SA de CV (Mexico)†(d) | 5.625% | 2/12/2032 | 10,557,000 | 10,578,114 | ||||||||
| Windfall Mining Group, Inc./Groupe Minier Windfall, Inc. (Canada)†(d) | 5.854% | 5/13/2032 | 4,359,000 | 4,434,986 | ||||||||
| Total | 50,169,595 | |||||||||||
| 18 | See Notes to Schedule of Investments. |
Schedule of Investments (unaudited)(continued)
CORE FIXED INCOME FUND August 31, 2026
| Investments | Interest Rate | Maturity Date | Principal Amount | Fair Value | ||||||||
| Miscellaneous Manufacturing 0.26% | ||||||||||||
| Eaton Corp. | 3.95% | 3/6/2029 | $ | 7,235,000 | $ | 7,101,259 | ||||||
| Parker-Hannifin Corp. | 4.25% | 9/15/2027 | 5,029,000 | 5,020,615 | ||||||||
| Total | 12,121,874 | |||||||||||
| Oil & Gas 0.50% | ||||||||||||
| Expand Energy Corp. | 5.375% | 3/15/2030 | 6,998,000 | 7,024,665 | ||||||||
| Occidental Petroleum Corp. | 6.45% | 9/15/2036 | 2,738,000 | 2,889,921 | ||||||||
| Saudi Arabian Oil Co. (Saudi Arabia)†(d) | 4.375% | 2/2/2031 | 6,536,000 | 6,329,676 | ||||||||
| Viper Energy Partners LLC | 5.70% | 8/1/2035 | 6,777,000 | 6,757,121 | ||||||||
| Total | 23,001,383 | |||||||||||
| Pharmaceuticals 1.28% | ||||||||||||
| AbbVie, Inc. | 4.80% | 3/15/2027 | 8,842,000 | 8,863,369 | ||||||||
| Bayer Corp.† | 6.65% | 2/15/2028 | 8,085,000 | 8,286,902 | ||||||||
| Bayer U.S. Finance LLC† | 5.375% | 7/20/2033 | 2,844,000 | 2,810,384 | ||||||||
| Bayer U.S. Finance LLC† | 6.375% | 11/21/2030 | 5,708,000 | 5,943,569 | ||||||||
| Bayer U.S. Finance LLC† | 6.50% | 11/21/2033 | 7,821,000 | 8,214,331 | ||||||||
| EMD Finance LLC† | 4.125% | 8/15/2028 | 2,547,000 | 2,519,090 | ||||||||
| EMD Finance LLC† | 5.00% | 10/15/2035 | 14,691,000 | 14,113,872 | ||||||||
| Pfizer Investment Enterprises Pte. Ltd. (Singapore)(d) | 4.45% | 5/19/2028 | 8,888,000 | 8,868,859 | ||||||||
| Total | 59,620,376 | |||||||||||
| Pipelines 1.84% | ||||||||||||
| Boardwalk Pipelines LP | 5.375% | 2/15/2036 | 6,129,000 | 5,971,508 | ||||||||
| Cheniere Energy, Inc. | 4.625% | 10/15/2028 | 6,420,000 | 6,386,348 | ||||||||
| Colonial Enterprises, Inc.† | 5.627% | 11/15/2035 | 7,586,000 | 7,434,830 | ||||||||
| Eastern Energy Gas Holdings LLC | 5.65% | 10/15/2054 | 3,519,000 | 3,213,853 | ||||||||
| Eastern Gas Transmission & Storage, Inc. | 3.00% | 11/15/2029 | 7,044,000 | 6,638,144 | ||||||||
| Energy Transfer LP† | 7.375% | 2/1/2031 | 4,803,000 | 4,929,190 | ||||||||
| Esentia Energy Development SAB de CV (Mexico)†(d) | 6.50% | 7/30/2038 | 8,652,000 | 8,405,418 | ||||||||
| Florida Gas Transmission Co. LLC† | 5.75% | 7/15/2035 | 9,830,000 | 9,904,212 | ||||||||
| Gulfstream Natural Gas System LLC† | 5.60% | 7/23/2035 | 9,391,000 | 9,313,574 | ||||||||
| NGPL PipeCo LLC† | 5.60% | 8/15/2036 | 4,741,000 | 4,617,102 | ||||||||
| Targa Resources Partners LP/Targa Resources Partners Finance Corp. | 5.50% | 3/1/2030 | 18,445,000 | 18,554,646 | ||||||||
| Total | 85,368,825 | |||||||||||
| REITS 0.87% | ||||||||||||
| Crown Castle, Inc. | 3.30% | 7/1/2030 | 15,794,000 | 14,728,945 | ||||||||
| Goodman U.S. Finance Seven LLC† | 5.25% | 4/28/2036 | 7,620,000 | 7,316,333 | ||||||||
| SBA Communications Corp. | 4.875% | 1/15/2030 | 7,559,000 | 7,496,652 | ||||||||
| VICI Properties LP/VICI Note Co., Inc.† | 4.625% | 12/1/2029 | 11,244,000 | 10,984,471 | ||||||||
| Total | 40,526,401 | |||||||||||
| See Notes to Schedule of Investments. | 19 |
Schedule of Investments (unaudited)(continued)
CORE FIXED INCOME FUND August 31, 2026
| Investments | Interest Rate | Maturity Date | Principal Amount | Fair Value | ||||||||
| Semiconductors 1.49% | ||||||||||||
| Broadcom, Inc. | 3.137% | 11/15/2035 | $ | 10,423,000 | $ | 8,392,791 | ||||||
| Broadcom, Inc. | 4.80% | 2/15/2036 | 13,467,000 | 12,364,767 | ||||||||
| Foundry JV Holdco LLC† | 5.50% | 1/25/2031 | 7,113,000 | 7,176,980 | ||||||||
| Foundry JV Holdco LLC† | 6.15% | 1/25/2032 | 12,950,000 | 13,354,411 | ||||||||
| Intel Corp. | 4.10% | 5/19/2046 | 5,012,000 | 3,690,339 | ||||||||
| Marvell Technology, Inc. | 5.30% | 4/15/2036 | 9,386,000 | 9,053,176 | ||||||||
| NVIDIA Corp.(e) | 4.95% | 6/15/2036 | 16,007,000 | 15,222,653 | ||||||||
| Total | 69,255,117 | |||||||||||
| Software 0.65% | ||||||||||||
| Oracle Corp. | 2.875% | 3/25/2031 | 4,450,000 | 3,898,304 | ||||||||
| Oracle Corp. | 3.65% | 3/25/2041 | 1,828,000 | 1,235,516 | ||||||||
| Oracle Corp.(e) | 4.90% | 2/6/2033 | 6,336,000 | 5,837,861 | ||||||||
| Oracle Corp. | 5.95% | 9/26/2055 | 10,222,000 | 8,125,947 | ||||||||
| Oracle Corp. | 6.125% | 7/8/2039 | 1,337,000 | 1,224,714 | ||||||||
| Oracle Corp. | 6.55% | 2/4/2046 | 7,388,000 | 6,605,037 | ||||||||
| Oracle Corp. | 6.85% | 2/4/2066 | 3,977,000 | 3,494,256 | ||||||||
| Total | 30,421,635 | |||||||||||
| Telecommunications 0.93% | ||||||||||||
| AT&T, Inc. | 3.55% | 9/15/2055 | 6,585,000 | 3,996,112 | ||||||||
| KT Corp. (South Korea)†(d) | 4.625% | 1/13/2030 | 5,339,000 | 5,298,726 | ||||||||
| NTT Finance Corp. (Japan)†(d) | 5.11% | 7/2/2029 | 9,281,000 | 9,300,421 | ||||||||
| QTS Fayetteville I Dc1-2 LLC/QTS TRS Fayetteville I DC1-2 LLC† | 5.70% | 4/15/2036 | 11,876,000 | 10,752,792 | ||||||||
| Sopaipilla Investor LLC† | 7.534% | 11/30/2048 | 13,498,000 | 13,833,643 | ||||||||
| Total | 43,181,694 | |||||||||||
| Transportation 0.16% | ||||||||||||
| GXO Logistics, Inc. | 6.50% | 5/6/2034 | 7,218,000 | 7,458,943 | ||||||||
| Trucking & Leasing 0.13% | ||||||||||||
| SMBC Aviation Capital Finance DAC (Ireland)†(d) | 5.20% | 7/23/2031 | 6,012,000 | 5,977,502 | ||||||||
| Total Corporate Bonds (cost $1,786,204,137) | 1,758,573,316 | |||||||||||
| FLOATING RATE LOANS(f) 1.19% | ||||||||||||
| Diversified Financial Services 0.30% | ||||||||||||
| Avolon TLB Borrower 1 U.S. LLC 2023 Term Loan B6 | 5.403% (1 mo. USD Term SOFR + 1.75%) | 6/24/2030 | 11,762,073 | 11,805,063 | ||||||||
| Citadel Securities LP 2026 Term Loan B | 5.661% (3 mo. USD Term SOFR + 2.00%) | 6/10/2033 | 2,197,000 | 2,203,580 | ||||||||
| Total | 14,008,643 | |||||||||||
| 20 | See Notes to Schedule of Investments. |
Schedule of Investments (unaudited)(continued)
CORE FIXED INCOME FUND August 31, 2026
| Investments | Interest Rate | Maturity Date | Principal Amount | Fair Value | ||||||||
| Electric 0.30% | ||||||||||||
| NRG Energy, Inc. 2024 Term Loan | 5.436% (1 mo. USD Term SOFR + 1.75%) | 4/16/2031 | $ | 14,056,702 | $ | 14,073,430 | ||||||
| Entertainment 0.25% | ||||||||||||
| Flutter Financing BV 2024 Term Loan B (Netherlands)(d) | 5.482% (3 mo. USD Term SOFR + 1.75%) | 11/30/2030 | 11,662,882 | 11,461,230 | ||||||||
| Media 0.10% | ||||||||||||
| Charter Communications Operating LLC 2024 Term Loan B5 | 5.975% (3 mo. USD Term SOFR + 2.25%) | 12/15/2031 | 4,847,696 | 4,776,072 | ||||||||
| Pipelines 0.24% | ||||||||||||
| Buckeye Partners LP 2025 Term Loan B7 | 5.436% (1 mo. USD Term SOFR + 1.75%) | 11/22/2032 | 11,162,766 | 11,207,696 | ||||||||
| Total Floating Rate Loans (cost $55,695,938) | 55,527,071 | |||||||||||
| FOREIGN GOVERNMENT OBLIGATIONS(d) 1.94% | ||||||||||||
| Canada 0.41% | ||||||||||||
| Ontario Teachers’ Finance Trust | 3.00% | 4/13/2027 | 11,889,000 | 11,799,599 | ||||||||
| Province of Quebec | 4.625% | 6/3/2036 | 7,650,000 | 7,420,413 | ||||||||
| Total | 19,220,012 | |||||||||||
| France 0.21% | ||||||||||||
| Caisse d’Amortissement de la Dette Sociale† | 4.00% | 3/3/2033 | 10,316,000 | 9,777,787 | ||||||||
| Italy 0.18% | ||||||||||||
| Republic of Italy Government International Bonds† | 6.00% | 7/14/2056 | 8,523,000 | 8,175,687 | ||||||||
| Japan 0.50% | ||||||||||||
| Japan Bank for International Cooperation | 2.875% | 7/21/2027 | 11,908,000 | 11,766,717 | ||||||||
| Japan Finance Organization for Municipalities | 4.125% | 4/2/2031 | 11,856,000 | 11,559,931 | ||||||||
| Total | 23,326,648 | |||||||||||
| Mexico 0.39% | ||||||||||||
| Eagle Funding Luxco SARL† | 5.50% | 8/17/2030 | 17,873,000 | 17,868,532 | ||||||||
| Saudi Arabia 0.25% | ||||||||||||
| KSA Ijarah Sukuk Ltd.† | 4.25% | 9/9/2030 | 12,122,000 | 11,796,155 | ||||||||
| Total Foreign Government Obligations (cost $91,638,953) | 90,164,821 | |||||||||||
| See Notes to Schedule of Investments. | 21 |
Schedule of Investments (unaudited)(continued)
CORE FIXED INCOME FUND August 31, 2026
| Investments | Interest Rate | Maturity Date | Principal Amount | Fair Value | ||||||||
| GOVERNMENT SPONSORED ENTERPRISES COLLATERALIZED MORTGAGE OBLIGATIONS 2.58% | ||||||||||||
| Federal Home Loan Mortgage Corp. Multifamily Structured Pass-Through Certificates Series K143 Class A2 | 2.35% | 3/25/2032 | $ | 12,360,000 | $ | 10,900,751 | ||||||
| Federal Home Loan Mortgage Corp. Multifamily Structured Pass-Through Certificates Series K146 Class A2 | 2.92% | 6/25/2032 | 11,570,000 | 10,474,747 | ||||||||
| Federal Home Loan Mortgage Corp. Multifamily Structured Pass-Through Certificates Series K-151 Class A2 | 3.80% | #(g) | 10/25/2032 | 14,281,000 | 13,487,333 | |||||||
| Federal Home Loan Mortgage Corp. Multifamily Structured Pass-Through Certificates Series K-153 Class A2 | 3.82% | #(g) | 12/25/2032 | 11,317,500 | 10,690,094 | |||||||
| Federal Home Loan Mortgage Corp. Multifamily Structured Pass-Through Certificates Series K-154 Class A2 | 4.35% | #(g) | 1/25/2033 | 8,745,574 | 8,495,319 | |||||||
| Federal Home Loan Mortgage Corp. Multifamily Structured Pass-Through Certificates Series K-156 Class A2 | 4.43% | #(g) | 2/25/2033 | 12,000,000 | 11,710,950 | |||||||
| Federal Home Loan Mortgage Corp. Multifamily Structured Pass-Through Certificates Series K-161 Class A2 | 4.90% | #(g) | 10/25/2033 | 12,061,704 | 12,043,897 | |||||||
| Federal Home Loan Mortgage Corp. Multifamily Structured Pass-Through Certificates Series K544 Class A2 | 4.266% | #(g) | 7/25/2030 | 11,510,000 | 11,319,765 | |||||||
| Federal Home Loan Mortgage Corp. Multifamily Structured Pass-Through Certificates Series KG07 Class A2 | 3.123% | #(g) | 8/25/2032 | 8,934,000 | 8,185,928 | |||||||
| Federal Home Loan Mortgage Corp. Multifamily Structured Pass-Through Certificates Series KG08 Class A2 | 4.134% | #(g) | 5/25/2033 | 16,174,000 | 15,525,863 | |||||||
| FREMF Mortgage Trust Series K-169 Class A2 | 4.66% | #(g) | 12/25/2034 | 7,340,000 | 7,199,275 | |||||||
| Total Government Sponsored Enterprises Collateralized Mortgage Obligations (cost $121,438,017) | 120,033,922 | |||||||||||
| GOVERNMENT SPONSORED ENTERPRISES PASS-THROUGHS 27.14% | ||||||||||||
| Federal Home Loan Mortgage Corp. | 2.00% | 2/1/2052 | 17,492,168 | 13,888,496 | ||||||||
| Federal Home Loan Mortgage Corp. | 2.50% | 6/1/2051 | 16,945,731 | 13,858,393 | ||||||||
| Federal Home Loan Mortgage Corp. | 3.00% | 8/1/2052 | 27,547,233 | 23,940,496 | ||||||||
| Federal Home Loan Mortgage Corp. | 3.50% | 2/1/2046 - 9/1/2051 | 7,264,046 | 6,531,081 | ||||||||
| Federal Home Loan Mortgage Corp. | 5.00% | 7/1/2052 - 4/1/2054 | 16,870,893 | 16,487,386 | ||||||||
| Federal Home Loan Mortgage Corp. | 5.424% (30 day USD SOFR Average + 2.35%) | # | 9/1/2055 | 11,422,066 | 11,485,105 | |||||||
| 22 | See Notes to Schedule of Investments. |
Schedule of Investments (unaudited)(continued)
CORE FIXED INCOME FUND August 31, 2026
| Investments | Interest Rate | Maturity Date | Principal Amount | Fair Value | ||||||||
| GOVERNMENT SPONSORED ENTERPRISES PASS-THROUGHS (continued) | ||||||||||||
| Federal Home Loan Mortgage Corp. | 5.50% | 7/1/2054 - 11/1/2054 | $ | 33,094,617 | $ | 33,261,954 | ||||||
| Federal Home Loan Mortgage Corp. | 6.00% | 10/1/2054 - 3/1/2056 | 31,423,663 | 32,082,121 | ||||||||
| Federal National Mortgage Association | 2.50% | 8/1/2050 - 3/1/2052 | 53,493,774 | 44,348,331 | ||||||||
| Federal National Mortgage Association | 3.00% | 4/1/2051 | 21,134,401 | 18,239,825 | ||||||||
| Federal National Mortgage Association | 3.50% | 12/1/2049 - 12/1/2053 | 39,206,085 | 35,053,586 | ||||||||
| Federal National Mortgage Association | 4.00% | 8/1/2052 - 12/1/2053 | 23,090,762 | 21,232,289 | ||||||||
| Federal National Mortgage Association | 5.00% | 7/1/2052 - 1/1/2053 | 17,848,490 | 17,435,751 | ||||||||
| Federal National Mortgage Association | 5.461% (30 day USD SOFR Average + 2.31%) | # | 10/1/2055 | 40,641,610 | 41,013,355 | |||||||
| Federal National Mortgage Association | 5.50% | 10/1/2054 | 16,671,368 | 16,780,360 | ||||||||
| Federal National Mortgage Association | 5.917% (30 day USD SOFR Average + 2.24%) | # | 8/1/2054 | 7,448,825 | 7,577,291 | |||||||
| Federal National Mortgage Association | 6.00% | 10/1/2054 - 1/1/2055 | 9,222,884 | 9,504,577 | ||||||||
| Federal National Mortgage Association | 6.053% (30 day USD SOFR Average + 2.33%) | # | 5/1/2055 | 10,791,519 | 11,009,707 | |||||||
| Federal National Mortgage Association | 6.236% (30 day USD SOFR Average + 2.11%) | # | 11/1/2054 | 23,839,971 | 24,366,170 | |||||||
| Government National Mortgage Association(h) | 2.00% | TBA | 31,662,000 | 25,387,853 | ||||||||
| Government National Mortgage Association(h) | 2.50% | TBA | 45,552,000 | 38,051,994 | ||||||||
| Government National Mortgage Association(h) | 3.00% | TBA | 83,168,000 | 72,225,659 | ||||||||
| Government National Mortgage Association(h) | 4.50% | TBA | 48,144,000 | 45,041,523 | ||||||||
| Government National Mortgage Association(h) | 5.00% | TBA | 45,294,000 | 43,810,138 | ||||||||
| Government National Mortgage Association(h) | 5.50% | TBA | 19,255,099 | 19,321,460 | ||||||||
| Government National Mortgage Association(h) | 6.00% | TBA | 27,518,254 | 28,064,907 | ||||||||
| Uniform Mortgage-Backed Security(h) | 2.00% | TBA | 92,385,000 | 72,041,565 | ||||||||
| Uniform Mortgage-Backed Security(h) | 2.50% | TBA | 48,670,000 | 39,684,934 | ||||||||
| Uniform Mortgage-Backed Security(h) | 3.00% | TBA | 14,504,000 | 12,362,833 | ||||||||
| Uniform Mortgage-Backed Security(h) | 4.50% | TBA | 66,409,000 | 63,907,269 | ||||||||
| Uniform Mortgage-Backed Security(h) | 5.00% | TBA | 124,534,000 | 122,400,795 | ||||||||
| Uniform Mortgage-Backed Security(h) | 5.50% | TBA | 174,288,000 | 173,200,447 | ||||||||
| Uniform Mortgage-Backed Security(h) | 6.00% | TBA | 85,135,000 | 86,345,107 | ||||||||
| Uniform Mortgage-Backed Security(h) | 6.50% | TBA | 14,601,000 | 15,044,503 | ||||||||
| Uniform Mortgage-Backed Security(h) | 7.00% | TBA | 5,704,000 | 5,967,386 | ||||||||
| Total Government Sponsored Enterprises Pass-Throughs (cost $1,270,753,519) | 1,260,954,647 | |||||||||||
| See Notes to Schedule of Investments. | 23 |
Schedule of Investments (unaudited)(continued)
CORE FIXED INCOME FUND August 31, 2026
| Investments | Interest Rate | Maturity Date | Principal Amount | Fair Value | ||||||||
| NON-AGENCY COMMERCIAL MORTGAGE-BACKED SECURITIES 12.78% | ||||||||||||
| ARES Commercial Mortgage Trust Series 2026-AZURE Class A† | 4.989% (1 mo. USD Term SOFR + 1.35%) | # | 3/15/2038 | $ | 4,040,000 | $ | 4,055,358 | |||||
| Bank5 Series 2024-5YR11 Class A3 | 5.893% | 11/15/2057 | 13,810,000 | 14,081,280 | ||||||||
| Bank5 Series 2025-5YR14 Class A3 | 5.646% | 4/15/2058 | 7,430,000 | 7,543,284 | ||||||||
| Bank5 Series 2026-5YR24 Class A3 | 5.832% | 8/15/2031 | 1,750,000 | 1,795,885 | ||||||||
| Bayview Opportunity Master Fund VI Trust Series 2021-6 Class A2† | 2.50% | #(g) | 10/25/2051 | 7,773,569 | 6,249,062 | |||||||
| Benchmark Mortgage Trust Series 2024-V10 Class A3 | 5.277% | 9/15/2057 | 5,000,000 | 5,017,869 | ||||||||
| Benchmark Mortgage Trust Series 2024-V12 Class A3 | 5.739% | 12/15/2057 | 8,480,000 | 8,622,603 | ||||||||
| Benchmark Mortgage Trust Series 2025-V14 Class A4 | 5.66% | 4/15/2057 | 16,250,000 | 16,502,564 | ||||||||
| Benchmark Mortgage Trust Series 2026-V23 Class A3 | 5.853% | 8/28/2059 | 2,000,000 | 2,051,388 | ||||||||
| BMO Mortgage Trust Series 2024-5C5 Class A3 | 5.857% | 2/15/2057 | 8,290,000 | 8,433,470 | ||||||||
| BMO Mortgage Trust Series 2024-5C8 Class A3 | 5.625% | #(g) | 12/15/2057 | 18,585,000 | 18,811,358 | |||||||
| BMO Mortgage Trust Series 2026-5C14 Class A3 | 5.209% | 3/15/2059 | 9,970,000 | 9,947,629 | ||||||||
| BX Commercial Mortgage Trust Series 2026-CSMO Class A† | 5.039% (1 mo. USD Term SOFR + 1.40%) | # | 2/15/2043 | 4,720,000 | 4,737,989 | |||||||
| BX Trust Series 2025-ARIA Class A† | 5.199% | #(g) | 12/13/2042 | 7,000,000 | 6,931,531 | |||||||
| BX Trust Series 2025-VOLT Class A† | 5.339% (1 mo. USD Term SOFR + 1.70%) | # | 12/15/2044 | 9,910,000 | 9,901,758 | |||||||
| Cantor Commercial Real Estate Lending Series 2019-CF3 Class A4 | 3.006% | 1/15/2053 | 14,127,000 | 13,112,113 | ||||||||
| CIM Trust Series 2020-INV1 Class A2† | 2.50% | #(g) | 4/25/2050 | 4,106,996 | 3,360,072 | |||||||
| CIM Trust Series 2021-INV1 Class A2† | 2.50% | #(g) | 7/1/2051 | 10,561,652 | 8,496,689 | |||||||
| CIM Trust Series 2021-J1 Class A1† | 2.50% | #(g) | 3/25/2051 | 6,220,283 | 5,025,237 | |||||||
| Citigroup Mortgage Loan Trust, Inc. Series 2022-INV1 Class A3B† | 3.00% | #(g) | 11/27/2051 | 11,106,315 | 9,299,673 | |||||||
| CONE Trust Series 2024-DFW1 Class A† | 5.281% (1 mo. USD Term SOFR + 1.64%) | # | 8/15/2041 | 7,300,000 | 7,274,897 | |||||||
| DBC Mortgage Trust Series 2025-DBC Class A† | 4.989% (1 mo. USD Term SOFR + 1.35%) | # | 11/15/2042 | 5,080,000 | 5,092,649 | |||||||
| ESTN Trust Series 2026-TOWN Class A† | 5.538% | #(g) | 5/12/2046 | 6,800,000 | 6,731,189 | |||||||
| Federal Home Loan Mortgage Corp. STACR REMICS Trust Series 2022-DNA2 Class M2† | 7.393% (30 day USD SOFR Average + 3.75%) | # | 2/25/2042 | 2,270,000 | 2,299,648 | |||||||
| 24 | See Notes to Schedule of Investments. |
Schedule of Investments (unaudited)(continued)
CORE FIXED INCOME FUND August 31, 2026
| Investments | Interest Rate | Maturity Date | Principal Amount | Fair Value | ||||||||
| NON-AGENCY COMMERCIAL MORTGAGE-BACKED SECURITIES (continued) | ||||||||||||
| Federal Home Loan Mortgage Corp. STACR REMICS Trust Series 2024-DNA1 Class A1† | 4.993% (30 day USD SOFR Average + 1.35%) | # | 2/25/2044 | $ | 3,932,736 | $ | 3,937,466 | |||||
| Federal Home Loan Mortgage Corp. STACR REMICS Trust Series 2024-DNA2 Class A1† | 4.893% (30 day USD SOFR Average + 1.25%) | # | 5/25/2044 | 4,529,094 | 4,545,560 | |||||||
| Federal Home Loan Mortgage Corp. STACR REMICS Trust Series 2024-HQA2 Class A1† | 4.893% (30 day USD SOFR Average + 1.25%) | # | 8/25/2044 | 1,485,518 | 1,486,159 | |||||||
| Federal Home Loan Mortgage Corp. STACR REMICS Trust Series 2025-DNA3 Class A1† | 4.593% (30 day USD SOFR Average + 0.95%) | # | 9/25/2045 | 2,350,000 | 2,343,362 | |||||||
| Federal Home Loan Mortgage Corp. STACR REMICS Trust Series 2025-DNA3 Class M1† | 4.743% (30 day USD SOFR Average + 1.10%) | # | 9/25/2045 | 2,050,844 | 2,050,372 | |||||||
| Federal National Mortgage Association Connecticut Avenue Securities Trust Series 2023-R03 Class 2M2† | 7.543% (30 day USD SOFR Average + 3.90%) | # | 4/25/2043 | 8,000,000 | 8,308,722 | |||||||
| Federal National Mortgage Association Connecticut Avenue Securities Trust Series 2025-R01 Class 1M1† | 4.743% (30 day USD SOFR Average + 1.10%) | # | 1/25/2045 | 3,263,107 | 3,262,978 | |||||||
| Federal National Mortgage Association Connecticut Avenue Securities Trust Series 2025-R03 Class 2M1† | 5.243% (30 day USD SOFR Average + 1.60%) | # | 3/25/2045 | 971,990 | 972,766 | |||||||
| Federal National Mortgage Association Connecticut Avenue Securities Trust Series 2026-R04 Class 2A1† | 4.543% (30 day USD SOFR Average + 0.90%) | # | 7/25/2046 | 5,112,363 | 5,111,704 | |||||||
| Federal National Mortgage Association-ACES Series 2025-M4 Class A2 | 4.389% | 8/25/2035 | 11,330,000 | 10,864,983 | ||||||||
| Federal National Mortgage Association-ACES Series 2025-M6 Class A2 | 4.25% | 10/25/2035 | 12,605,000 | 11,943,564 | ||||||||
| Flagstar Mortgage Trust Series 2021-11 IN Class A20† | 3.00% | #(g) | 11/25/2051 | 3,340,726 | 2,797,296 | |||||||
| Flagstar Mortgage Trust Series 2021-12 Class A2† | 2.50% | #(g) | 11/25/2051 | 5,922,351 | 4,786,909 | |||||||
| Flagstar Mortgage Trust Series 2021-4 Class A1† | 2.50% | #(g) | 6/1/2051 | 8,079,323 | 6,515,018 | |||||||
| See Notes to Schedule of Investments. | 25 |
Schedule of Investments (unaudited)(continued)
CORE FIXED INCOME FUND August 31, 2026
| Investments | Interest Rate | Maturity Date | Principal Amount | Fair Value | ||||||||
| NON-AGENCY COMMERCIAL MORTGAGE-BACKED SECURITIES (continued) | ||||||||||||
| GS Mortgage Securities Corp. Trust Series 2024-RVR Class A† | 5.372% | #(g) | 8/10/2041 | $ | 9,150,000 | $ | 9,090,364 | |||||
| GS Mortgage-Backed Securities Corp. Trust Series 2021-PJ1 Class A2† | 2.50% | #(g) | 6/25/2051 | 3,830,127 | 3,095,809 | |||||||
| GS Mortgage-Backed Securities Trust Series 2021-MM1 Class A2† | 2.50% | #(g) | 4/25/2052 | 14,658,467 | 11,829,159 | |||||||
| GS Mortgage-Backed Securities Trust Series 2021-PJ2 Class A2† | 2.50% | #(g) | 7/25/2051 | 6,873,474 | 5,555,681 | |||||||
| GS Mortgage-Backed Securities Trust Series 2021-PJ8 Class A2† | 2.50% | #(g) | 1/25/2052 | 3,563,254 | 2,875,491 | |||||||
| GS Mortgage-Backed Securities Trust Series 2021-PJ9 Class A2† | 2.50% | #(g) | 2/26/2052 | 4,299,878 | 3,464,767 | |||||||
| GS Mortgage-Backed Securities Trust Series 2022-PJ3 Class A4† | 2.50% | #(g) | 8/25/2052 | 7,690,497 | 6,216,063 | |||||||
| GS Mortgage-Backed Securities Trust Series 2022-PJ6 Class A4† | 3.00% | #(g) | 1/25/2053 | 13,401,277 | 11,270,821 | |||||||
| JP Morgan Mortgage Trust Series 2021-14 Class A3† | 2.50% | #(g) | 5/25/2052 | 1,693,622 | 1,369,933 | |||||||
| JP Morgan Mortgage Trust Series 2021-15 Class A2† | 3.00% | #(g) | 6/25/2052 | 10,316,819 | 8,684,951 | |||||||
| JP Morgan Mortgage Trust Series 2021-8 Class A3† | 2.50% | #(g) | 12/25/2051 | 6,341,177 | 5,125,437 | |||||||
| JP Morgan Mortgage Trust Series 2021-INV6 Class A2† | 3.00% | #(g) | 4/25/2052 | 13,031,838 | 10,911,975 | |||||||
| JP Morgan Mortgage Trust Series 2021-INV8 Class A2† | 3.00% | #(g) | 5/25/2052 | 9,771,841 | 8,182,275 | |||||||
| JP Morgan Mortgage Trust Series 2022-1 Class A2† | 3.00% | #(g) | 7/25/2052 | 5,885,471 | 4,942,783 | |||||||
| JP Morgan Mortgage Trust Series 2022-1 Class A3† | 2.50% | #(g) | 7/25/2052 | 6,157,947 | 4,953,975 | |||||||
| JP Morgan Mortgage Trust Series 2022-3 Class A2† | 3.00% | #(g) | 8/25/2052 | 7,908,048 | 6,661,137 | |||||||
| JP Morgan Mortgage Trust Series 2022-4 Class A3† | 3.00% | #(g) | 10/25/2052 | 5,799,004 | 4,877,402 | |||||||
| JP Morgan Mortgage Trust Series 2022-INV1 Class A3† | 3.00% | #(g) | 3/25/2052 | 9,197,682 | 7,701,513 | |||||||
| JP Morgan Mortgage Trust Series 2022-INV3 Class A3B† | 3.00% | #(g) | 9/25/2052 | 4,710,742 | 3,976,905 | |||||||
| JP Morgan Mortgage Trust Series 2025-DSC2 Class A1† | 5.195% | #(g) | 10/25/2065 | 8,423,819 | 8,354,828 | |||||||
| JP Morgan Mortgage Trust Series 2025-NQM4 Class A1† | 4.954% | #(g) | 3/25/2066 | 3,383,766 | 3,335,631 | |||||||
| JP Morgan Mortgage Trust Series 2025-NQM5 Class A1FC† | 4.787% | (a) | 5/25/2066 | 5,527,445 | 5,468,762 | |||||||
| JP Morgan Mortgage Trust Series 2026-NQM1 Class A1FC† | 4.601% | (a) | 6/25/2066 | 5,483,220 | 5,411,576 | |||||||
| JP Morgan Mortgage Trust Series 2026-NQM2 Class A1FC† | 5.05% | (a) | 9/25/2066 | 7,000,545 | 6,938,079 | |||||||
| 26 | See Notes to Schedule of Investments. |
Schedule of Investments (unaudited)(continued)
CORE FIXED INCOME FUND August 31, 2026
| Investments | Interest Rate | Maturity Date | Principal Amount | Fair Value | ||||||||
| NON-AGENCY COMMERCIAL MORTGAGE-BACKED SECURITIES (continued) | ||||||||||||
| KIND Commercial Mortgage Trust Series 2024-1 Class A† | 5.529% (1 mo. USD Term SOFR + 1.89%) | # | 8/15/2041 | $ | 3,240,000 | $ | 3,246,180 | |||||
| LoanCore Issuer Ltd. Series 2025-CRE8 Class A† | 5.024% (1 mo. USD Term SOFR + 1.39%) | # | 8/17/2042 | 7,500,000 | 7,507,106 | |||||||
| Morgan Stanley BAML Trust Series 2025-5C1 Class A3 | 5.635% | 3/15/2058 | 13,190,000 | 13,386,705 | ||||||||
| Morgan Stanley Capital I Trust Series 2024-NSTB Class A† | 3.90% | #(g) | 9/24/2057 | 7,063,291 | 6,936,632 | |||||||
| Morgan Stanley Residential Mortgage Loan Trust Series 2025-DSC3 Class A1† | 4.912% | #(g) | 9/25/2070 | 4,197,260 | 4,127,627 | |||||||
| New Residential Mortgage Loan Trust Series 2025-NQM3 Class A1† | 5.53% | #(g) | 5/25/2065 | 3,562,328 | 3,544,068 | |||||||
| NYC Commercial Mortgage Trust Series 2026-1PARK Class A† | 4.889% (1 mo. USD Term SOFR + 1.25%) | # | 2/15/2043 | 11,410,000 | 11,410,555 | |||||||
| NYMT Loan Trust Series 2026-INV1 Class A1FC† | 4.614% | (a) | 2/25/2061 | 2,144,693 | 2,120,288 | |||||||
| OBX Trust Series 2021-J1 Class A1† | 2.50% | #(g) | 5/25/2051 | 990,892 | 800,299 | |||||||
| OBX Trust Series 2025-NQM15 Class A1† | 5.143% | #(g) | 7/27/2065 | 9,097,508 | 9,037,764 | |||||||
| OBX Trust Series 2025-NQM16 Class A1† | 4.905% | #(g) | 8/25/2065 | 11,077,767 | 10,943,072 | |||||||
| OBX Trust Series 2025-NQM20 Class A1† | 5.021% | #(g) | 10/25/2065 | 2,654,059 | 2,623,484 | |||||||
| OBX Trust Series 2025-NQM21 Class A1FC† | 4.917% | (a) | 10/25/2065 | 5,804,477 | 5,754,111 | |||||||
| OBX Trust Series 2026-NQM6 Class A1FC† | 5.063% | (a) | 4/26/2066 | 5,280,340 | 5,240,840 | |||||||
| OBX Trust Series 2026-NQM7 Class A1FC† | 5.22% | (a) | 4/25/2066 | 1,613,855 | 1,604,529 | |||||||
| PSA Trust Series 2026-STOR Class A† | 5.554% | #(g) | 8/15/2031 | 3,460,000 | 3,467,130 | |||||||
| Rate Mortgage Trust Series 2021-HB1 Class A1† | 2.50% | #(g) | 12/25/2051 | 17,128,208 | 13,822,133 | |||||||
| RCKT Mortgage Trust Series 2021-5 Class A1† | 2.50% | #(g) | 11/25/2051 | 13,195,556 | 10,648,559 | |||||||
| ROCK Trust Series 2024-CNTR Class A† | 5.388% | 11/13/2041 | 4,520,000 | 4,538,357 | ||||||||
| SG Residential Mortgage Trust Series 2026-3 Class A1FC† | 5.078% | (a) | 4/25/2066 | 2,431,780 | 2,410,578 | |||||||
| Starwood Mortgage Residential Trust Series 2020-1 Class A1† | 2.275% | #(g) | 2/25/2050 | 19,834 | 19,137 | |||||||
| Verus Securitization Trust Series 2024-R1 Class A1† | 5.218% | #(g) | 9/25/2069 | 7,020,758 | 6,980,309 | |||||||
| Verus Securitization Trust Series 2025-1 Class A1† | 5.62% | #(g) | 1/25/2070 | 4,803,906 | 4,805,028 | |||||||
| Verus Securitization Trust Series 2025-12 Class A1FC† | 4.858% | (a) | 12/25/2070 | 1,749,906 | 1,734,367 | |||||||
| Verus Securitization Trust Series 2026-1 Class A1FC† | 4.743% | (a) | 1/25/2071 | 2,562,734 | 2,535,258 | |||||||
| Verus Securitization Trust Series 2026-2 Class A1FC† | 4.507% | (a) | 2/25/2071 | 3,980,829 | 3,917,517 | |||||||
| Verus Securitization Trust Series 2026-3 Class A1FC† | 4.927% | (a) | 3/25/2071 | 4,933,350 | 4,888,291 | |||||||
| Verus Securitization Trust Series 2026-R3 Class A1FC† | 5.19% | (a) | 2/27/2068 | 1,102,325 | 1,096,738 | |||||||
| See Notes to Schedule of Investments. | 27 |
Schedule of Investments (unaudited)(continued)
CORE FIXED INCOME FUND August 31, 2026
| Investments | Interest Rate | Maturity Date | Principal Amount | Fair Value | ||||||||
| NON-AGENCY COMMERCIAL MORTGAGE-BACKED SECURITIES (continued) | ||||||||||||
| Wells Fargo Commercial Mortgage Trust Series 2024-5C1 Class A3 | 5.928% | 7/15/2057 | $ | 14,640,000 | $ | 14,915,453 | ||||||
| Wells Fargo Commercial Mortgage Trust Series 2025-5C3 Class A3 | 6.096% | 1/15/2058 | 5,860,000 | 6,021,082 | ||||||||
| Wells Fargo Commercial Mortgage Trust Series 2025-5C4 Class A3 | 5.673% | 5/15/2058 | 9,110,000 | 9,262,246 | ||||||||
| Wells Fargo Commercial Mortgage Trust Series 2025-C65 Class A5 | 5.292% | 10/15/2058 | 8,710,000 | 8,648,132 | ||||||||
| Wells Fargo Mortgage-Backed Securities Trust Series 2022-2 Class A2† | 2.50% | #(g) | 12/25/2051 | 1,468,336 | 1,184,992 | |||||||
| Total Non-Agency Commercial Mortgage-Backed Securities (cost $603,236,302) | 593,775,938 | |||||||||||
| U.S. TREASURY OBLIGATIONS 15.57% | ||||||||||||
| U.S. Treasury Bonds | 4.75% | 2/15/2045 | 129,089,000 | 121,860,521 | ||||||||
| U.S. Treasury Bonds | 4.75% | 11/15/2053 | 105,842,000 | 97,870,774 | ||||||||
| U.S. Treasury Bonds | 4.75% | 5/15/2055 | 120,252,000 | 111,247,192 | ||||||||
| U.S. Treasury Bonds | 4.75% | 2/15/2056 | 54,661,000 | 50,621,211 | ||||||||
| U.S. Treasury Bonds | 4.875% | 8/15/2045 | 97,053,000 | 92,882,754 | ||||||||
| U.S. Treasury Bonds | 5.00% | 5/15/2046 | 110,348,000 | 107,115,148 | ||||||||
| U.S. Treasury Inflation-Indexed Notes(i) | 0.125% | 4/15/2027 | 47,789,564 | 47,041,309 | ||||||||
| U.S. Treasury Notes | 4.125% | 5/31/2031 | 96,214,000 | 94,714,414 | ||||||||
| Total U.S. Treasury Obligations (cost $748,674,262) | 723,353,323 | |||||||||||
| Total Long-Term Investments (cost $5,492,689,573) | 5,415,773,028 | |||||||||||
| SHORT-TERM INVESTMENTS 1.49% | ||||||||||||
| REPURCHASE AGREEMENTS 1.10% | ||||||||||||
| Repurchase Agreement dated 8/31/2026, 3.250% due 9/1/2026 with Fixed Income Clearing Corp. collateralized by $29,867,900 of U.S. Treasury Inflation Indexed Note at 0.125% due 4/15/2027; value: $34,781,950; proceeds: $34,102,864 (cost $34,099,786) | 34,099,786 | 34,099,786 | ||||||||||
| Repurchase Agreement dated 8/31/2026, 3.670% due 9/1/2026 with JPMorgan Securities LLC collateralized by $17,413,600 of U.S. Treasury Bond at 4.375% due 5/15/2034; value: $17,346,939; proceeds: $17,001,733 (cost $17,000,000) | 17,000,000 | 17,000,000 | ||||||||||
| Total Repurchase Agreements (cost $51,099,786) | 51,099,786 | |||||||||||
| TIME DEPOSITS 0.04% | ||||||||||||
| CitiBank N.A.(j) (cost $1,807,267) | 1,807,267 | 1,807,267 | ||||||||||
| 28 | See Notes to Schedule of Investments. |
Schedule of Investments (unaudited)(continued)
CORE FIXED INCOME FUND August 31, 2026
| Investments | Shares | Fair Value |
|||||
| MONEY MARKET FUNDS 0.35% | |||||||
| Fidelity Government Portfolio(j) (cost $16,265,407) | 16,265,407 | $ | 16,265,407 | ||||
| Total Short-Term Investments (cost $69,172,460) | 69,172,460 | ||||||
| Total Investments in Securities 118.05% (cost $5,561,862,033) | 5,484,945,488 | ||||||
| Other Assets and Liabilities – Net (18.05)% | (838,598,380 | ) | |||||
| Net Assets 100.00% | $ | 4,646,347,108 | |||||
| CMT | Constant Maturity Rate. | |
| REITS | Real Estate Investment Trusts. | |
| REMICS | Real Estate Mortgage Investment Conduits. | |
| SOFR | Secured Overnight Financing Rate. | |
| STACR | Structured Agency Credit Risk. | |
| † | Security was purchased pursuant to Rule 144A under the Securities Act of 1933 and, unless registered under such Act or exempted from registration, may only be resold to qualified institutional buyers. At August 31, 2026, the total value of Rule 144A securities was $1,741,801,824, which represents 37.49% of net assets. | |
| # | Variable rate security. The interest rate represents the rate in effect at August 31, 2026. | |
| (a) | Step Bond – Security with a predetermined schedule of interest rate changes. | |
| (b) | Securities purchased on a when-issued basis. | |
| (c) | Interest rate to be determined. | |
| (d) | Foreign security traded in U.S. dollars. | |
| (e) | All or a portion of this security is temporarily on loan to unaffiliated broker/dealers. | |
| (f) | Floating Rate Loans in which the Fund invests generally pay interest at rates which are periodically re-determined at a margin above the SOFR or the prime rate offered by major U.S. banks. The rate(s) shown is the rate(s) in effect at August 31, 2026. | |
| (g) | Interest rate is based on the weighted average interest rates of the underlying mortgages within the mortgage pool. | |
| (h) | To-be-announced (“TBA”). Security purchased on a forward commitment basis with an approximate principal and maturity date. Actual principal and maturity will be determined upon settlement when the specific mortgage pools are assigned. | |
| (i) | Treasury Inflation Protected Security. A U.S. Treasury Note or Bond that offers protection from inflation by paying a fixed rate of interest on a principal amount that is adjusted for inflation based on the Consumer Price Index. | |
| (j) | Security was purchased with the cash collateral from loaned securities. |
Futures Contracts at August 31, 2026:
| Type | Expiration | Contracts | Position | Notional Amount |
Notional Value |
Unrealized Appreciation |
|||||||||||||
| U.S. 10-Year Ultra Treasury Note | December 2026 | 1,295 | Short | $(142,491,715 | ) | $ | (141,701,328 | ) | $ | 790,387 | |||||||||
| Type | Expiration | Contracts | Position | Notional Amount |
Notional Value |
Unrealized Depreciation |
|||||||||||||
| U.S. 2-Year Treasury Note | December 2026 | 863 | Long | $177,562,041 | $ | 177,117,266 | $ | (444,775 | ) | ||||||||||
| U.S. 5-Year Treasury Note | December 2026 | 714 | Long | 75,723,567 | 75,472,031 | (251,536 | ) | ||||||||||||
| Total Unrealized Depreciation on Futures Contracts | $ | (696,311 | ) | ||||||||||||||||
| See Notes to Schedule of Investments. | 29 |
Schedule of Investments (unaudited)(concluded)
CORE FIXED INCOME FUND August 31, 2026
The following is a summary of the inputs used as of August 31, 2026 in valuing the Fund’s investments carried at fair value(1):
| Investment Type(2) | Level 1 | Level 2 | Level 3 | Total | ||||||||||||
| Long-Term Investments | ||||||||||||||||
| Asset-Backed Securities | $ | – | $ | 813,389,990 | $ | – | $ | 813,389,990 | ||||||||
| Corporate Bonds | – | 1,758,573,316 | – | 1,758,573,316 | ||||||||||||
| Floating Rate Loans | – | 55,527,071 | – | 55,527,071 | ||||||||||||
| Foreign Government Obligations | – | 90,164,821 | – | 90,164,821 | ||||||||||||
| Government Sponsored Enterprises Collateralized Mortgage Obligations | – | 120,033,922 | – | 120,033,922 | ||||||||||||
| Government Sponsored Enterprises Pass-Throughs | – | 1,260,954,647 | – | 1,260,954,647 | ||||||||||||
| Non-Agency Commercial Mortgage-Backed Securities | – | 593,775,938 | – | 593,775,938 | ||||||||||||
| U.S. Treasury Obligations | – | 723,353,323 | – | 723,353,323 | ||||||||||||
| Short-Term Investments | ||||||||||||||||
| Repurchase Agreements | – | 51,099,786 | – | 51,099,786 | ||||||||||||
| Time Deposits | – | 1,807,267 | – | 1,807,267 | ||||||||||||
| Money Market Funds | 16,265,407 | – | – | 16,265,407 | ||||||||||||
| Total | $ | 16,265,407 | $ | 5,468,680,081 | $ | – | $ | 5,484,945,488 | ||||||||
| Other Financial Instruments | ||||||||||||||||
| Futures Contracts | ||||||||||||||||
| Assets | $ | 790,387 | $ | – | $ | – | $ | 790,387 | ||||||||
| Liabilities | (696,311 | ) | – | – | (696,311 | ) | ||||||||||
| Total | $ | 94,076 | $ | – | $ | – | $ | 94,076 | ||||||||
| (1) | Refer to Note 2(a) for a description of fair value measurements and the three-tier hierarchy of inputs. | |
| (2) | See Schedule of Investments for fair values in each industry and identification of foreign issuers and/or geography. The table above is presented by Investment Type. When applicable, each Level 3 security is identified on the Schedule of Investments along with the valuation technique utilized. |
A reconciliation of Level 3 investments is presented when the Fund has a material amount of Level 3 investments at the beginning or end of the period in relation to the Fund’s net assets.
| 30 | See Notes to Schedule of Investments. |
Schedule of Investments (unaudited)
CORE PLUS BOND FUND August 31, 2026
| Investments | Interest Rate | Maturity Date | Principal Amount | Fair Value | ||||||||
| LONG-TERM INVESTMENTS 118.09% | ||||||||||||
| ASSET-BACKED SECURITIES 15.47% | ||||||||||||
| Automobiles 6.76% | ||||||||||||
| Ally Bank Auto Credit-Linked Notes Series 2024-B Class E† | 6.678% | 9/15/2032 | $ | 1,603,247 | $ | 1,610,631 | ||||||
| AmeriCredit Automobile Receivables Trust Series 2025-1 Class A3† | 4.12% | 5/20/2030 | 8,065,000 | 8,027,490 | ||||||||
| Bayview Opportunity Master Fund VII Trust Series 2024-SN1 Class E† | 8.00% | 10/15/2029 | 8,690,000 | 8,812,141 | ||||||||
| BMW Vehicle Owner Trust Series 2024-A Class A3 | 5.18% | 2/26/2029 | 5,163,536 | 5,186,573 | ||||||||
| Bank of America Auto Trust Series 2026-1A Class A2A† | 4.10% | 11/15/2028 | 10,080,000 | 10,072,199 | ||||||||
| Bridgecrest Lending Auto Securitization Trust Series 2023-1 Class D | 7.84% | 8/15/2029 | 10,005,000 | 10,249,762 | ||||||||
| CarMax Auto Owner Trust Series 2023-3 Class C | 5.61% | 2/15/2029 | 3,735,000 | 3,763,249 | ||||||||
| CarMax Auto Owner Trust Series 2023-4 Class B | 6.39% | 5/15/2029 | 7,285,000 | 7,406,598 | ||||||||
| CarMax Auto Owner Trust Series 2024-3 Class D | 5.67% | 1/15/2031 | 2,635,000 | 2,658,484 | ||||||||
| Carvana Auto Receivables Trust Series 2026-P3 Class A4 | 5.00% | 8/10/2032 | 17,261,000 | 17,233,307 | ||||||||
| Citizens Auto Receivables Trust Series 2023-2 Class A3† | 5.83% | 2/15/2028 | 1,323,939 | 1,325,796 | ||||||||
| Citizens Auto Receivables Trust Series 2023-2 Class A4† | 5.74% | 10/15/2030 | 9,734,000 | 9,789,606 | ||||||||
| Citizens Auto Receivables Trust Series 2024-1 Class A3† | 5.11% | 4/17/2028 | 2,297,096 | 2,301,742 | ||||||||
| Citizens Auto Receivables Trust Series 2024-2 Class A3† | 5.33% | 8/15/2028 | 994,326 | 997,372 | ||||||||
| CPS Auto Receivables Trust Series 2022-B Class E† | 7.14% | 10/15/2029 | 7,370,442 | 7,405,831 | ||||||||
| CPS Auto Receivables Trust Series 2024-D Class C† | 4.76% | 1/15/2031 | 9,580,000 | 9,589,959 | ||||||||
| CPS Auto Receivables Trust Series 2025-C Class B† | 4.71% | 12/17/2029 | 9,675,000 | 9,678,892 | ||||||||
| CPS Auto Receivables Trust Series 2026-A Class B† | 4.43% | 9/16/2030 | 15,000,000 | 14,940,068 | ||||||||
| Exeter Automobile Receivables Trust Series 2023-1A Class E† | 12.07% | 9/16/2030 | 7,000,000 | 7,593,015 | ||||||||
| Exeter Automobile Receivables Trust Series 2023-2A Class D | 6.32% | 8/15/2029 | 7,668,674 | 7,737,876 | ||||||||
| See Notes to Schedule of Investments. | 31 |
Schedule of Investments (unaudited)(continued)
CORE PLUS BOND FUND August 31, 2026
| Investments | Interest Rate | Maturity Date | Principal Amount | Fair Value | ||||||||
| Automobiles (continued) | ||||||||||||
| Exeter Automobile Receivables Trust Series 2023-3A Class D | 6.68% | 4/16/2029 | $ | 4,691,214 | $ | 4,739,475 | ||||||
| Exeter Automobile Receivables Trust Series 2023-3A Class E† | 9.98% | 1/15/2031 | 9,000,000 | 9,582,804 | ||||||||
| Ford Credit Auto Lease Trust Series 2024-B Class B | 5.18% | 2/15/2028 | 7,735,000 | 7,762,362 | ||||||||
| Ford Credit Auto Owner Trust Series 2026-2 Class A† | 4.86% | (a) | 2/15/2039 | 11,070,000 | 11,043,049 | |||||||
| GLS Auto Receivables Issuer Trust Series 2024-1A Class D† | 5.95% | 12/17/2029 | 6,885,000 | 6,970,771 | ||||||||
| GLS Auto Receivables Issuer Trust Series 2026-2A Class B† | 4.63% | 9/16/2030 | 15,765,000 | 15,691,899 | ||||||||
| GLS Auto Select Receivables Trust Series 2024-2A Class A2† | 5.58% | 6/17/2030 | 1,263,780 | 1,270,314 | ||||||||
| GLS Auto Select Receivables Trust Series 2024-3A Class A2† | 5.59% | 10/15/2029 | 5,511,213 | 5,542,327 | ||||||||
| GM Financial Consumer Automobile Receivables Trust Series 2024-1 Class A4 | 4.86% | 6/18/2029 | 5,265,000 | 5,286,194 | ||||||||
| GM Financial Revolving Receivables Trust Series 2022-1 Class A† | 5.91% | 10/11/2035 | 11,240,000 | 11,423,799 | ||||||||
| Hyundai Auto Receivables Trust Series 2022-C Class A4 | 5.52% | 10/16/2028 | 2,554,529 | 2,558,401 | ||||||||
| Hyundai Auto Receivables Trust Series 2023-C Class B | 6.01% | 12/17/2029 | 5,560,000 | 5,656,455 | ||||||||
| LAD Auto Receivables Trust Series 2023-2A Class C† | 5.58% | 9/15/2028 | 1,708,145 | 1,710,012 | ||||||||
| LAD Auto Receivables Trust Series 2023-3A Class C† | 6.43% | 12/15/2028 | 6,438,473 | 6,474,647 | ||||||||
| LAD Select Auto Receivables Trust Series 2026-A Class B† | 5.00% | 11/15/2032 | 3,920,000 | 3,914,972 | ||||||||
| NextGear Floorplan Master Owner Trust Series 2025-1A Class A† | 4.55% | 2/15/2030 | 19,810,000 | 19,783,821 | ||||||||
| Santander Bank Auto Credit-Linked Notes Series 2026-A Class B† | 4.806% | 7/17/2034 | 10,340,000 | 10,296,707 | ||||||||
| Santander Drive Auto Receivables Trust Series 2022-7 Class C | 6.69% | 3/17/2031 | 2,868,918 | 2,899,225 | ||||||||
| Santander Drive Auto Receivables Trust Series 2024-3 Class C | 5.64% | 8/15/2030 | 4,505,000 | 4,549,576 | ||||||||
| Toyota Lease Owner Trust Series 2025-A Class A3† | 4.75% | 2/22/2028 | 5,760,137 | 5,771,613 | ||||||||
| VStrong Auto Receivables Trust Series 2023-A Class D† | 9.31% | 2/15/2030 | 5,101,000 | 5,401,223 | ||||||||
| 32 | See Notes to Schedule of Investments. |
Schedule of Investments (unaudited)(continued)
CORE PLUS BOND FUND August 31, 2026
| Investments | Interest Rate | Maturity Date | Principal Amount | Fair Value | ||||||||
| Automobiles (continued) | ||||||||||||
| VStrong Auto Receivables Trust Series 2023-A Class E† | 9.99% | 12/16/2030 | $ | 1,700,000 | $ | 1,838,194 | ||||||
| Western Funding Auto Loan Trust Series 2025-1 Class A† | 4.75% | 7/16/2035 | 9,550,000 | 9,537,158 | ||||||||
| Westlake Automobile Receivables Trust Series 2023-1A Class C† | 5.74% | 8/15/2028 | 61,431 | 61,463 | ||||||||
| Westlake Automobile Receivables Trust Series 2024-2A Class C† | 5.68% | 3/15/2030 | 7,985,000 | 8,036,354 | ||||||||
| Westlake Automobile Receivables Trust Series 2025-3A Class A3† | 4.22% | 6/15/2029 | 8,945,000 | 8,933,175 | ||||||||
| Westlake Automobile Receivables Trust Series 2026-1A Class A3† | 4.01% | 7/16/2029 | 13,850,000 | 13,787,822 | ||||||||
| World Omni Auto Receivables Trust Series 2023-D Class A3 | 5.79% | 2/15/2029 | 7,596,397 | 7,643,294 | ||||||||
| World Omni Select Auto Trust Series 2024-A Class A3 | 4.98% | 2/15/2030 | 3,335,460 | 3,341,507 | ||||||||
| Total | 347,889,204 | |||||||||||
| Credit Card 1.30% | ||||||||||||
| First National Master Note Trust Series 2024-1 Class A | 5.34% | 5/15/2030 | 9,555,000 | 9,621,400 | ||||||||
| Fortiva Retail Prime Masters Notes Business Trust Series 2025-A Class A† | 6.60% | 9/17/2029 | 6,700,000 | 6,706,030 | (b) | |||||||
| Perimeter Master Note Business Trust Series 2025-1A Class A† | 5.58% | 12/16/2030 | 5,350,000 | 5,317,601 | ||||||||
| Synchrony Card Issuance Trust Series 2026-A2 Class A | 4.69% | 7/15/2032 | 8,980,000 | 8,959,663 | ||||||||
| WF Card Issuance Trust Series 2024-A1 Class A | 4.94% | 2/15/2029 | 24,737,000 | 24,826,595 | ||||||||
| World Financial Network Credit Card Master Note Trust Series 2024-B Class A | 4.62% | 5/15/2031 | 11,380,000 | 11,390,907 | ||||||||
| Total | 66,822,196 | |||||||||||
| Other 7.33% | ||||||||||||
| 720 East CLO IV Ltd. Series 2024-1A Class BR† | 5.222% (3 mo. USD Term SOFR + 1.55%) | # | 7/15/2039 | 10,250,000 | 10,258,292 | |||||||
| ACREC LLC Series 2026-FL5 Class A† | 4.997% (1 mo. USD Term SOFR + 1.35%) | # | 7/18/2043 | 5,640,000 | 5,645,274 | |||||||
| Affirm Master Trust Series 2025-3A Class A† | 4.45% | 10/16/2034 | 10,200,000 | 10,115,008 | ||||||||
| Affirm Master Trust Series 2026-1A Class A† | 4.37% | 2/15/2034 | 6,945,000 | 6,899,824 | ||||||||
| AMMC CLO 23 Ltd. Series 2020-23A Class BR3† | 5.50% (3 mo. USD Term SOFR + 1.75%) | # | 7/17/2038 | 5,000,000 | 5,026,485 | |||||||
| See Notes to Schedule of Investments. | 33 |
Schedule of Investments (unaudited)(continued)
CORE PLUS BOND FUND August 31, 2026
| Investments | Interest Rate | Maturity Date | Principal Amount | Fair Value | ||||||||
| Other (continued) | ||||||||||||
| Amur Equipment Finance Receivables XIII LLC Series 2024-1A Class A2† | 5.38% | 1/21/2031 | $ | 1,385,161 | $ | 1,392,080 | ||||||
| Arbor Realty Commercial Real Estate Notes LLC Series 2026-FL1 Class A† | 5.153% (1 mo. USD Term SOFR + 1.50%) | # | 9/20/2043 | 9,480,000 | 9,512,804 | |||||||
| Arbor Realty Commercial Real Estate Notes LLC Series 2026-FL2 Class A† | 5.153% (1 mo. USD Term SOFR + 1.50%) | # | 4/20/2044 | 530,000 | 530,830 | |||||||
| Arbor Realty Commercial Real Estate Notes Ltd. Series 2022-FL1 Class A† | 5.087% (30 day USD SOFR Average + 1.45%) | # | 1/15/2037 | 1,222,139 | 1,224,187 | |||||||
| ARES Loan Funding V Ltd. Series 2024-ALF5A Class A1R† | 5.03% (3 mo. USD Term SOFR + 1.22%) | # | 7/25/2037 | 12,820,000 | 12,830,538 | |||||||
| BBAM U.S. CLO III Ltd. Series 2023-3A Class A1R† | 4.923% (3 mo. USD Term SOFR + 1.17%) | # | 10/15/2038 | 6,720,000 | 6,724,543 | |||||||
| Birch Grove CLO 4 Ltd. Series 2022-4A Class A2R2† | 5.403% (3 mo. USD Term SOFR + 1.45%) | # | 7/15/2037 | 5,360,000 | 5,362,455 | |||||||
| Birch Grove CLO Ltd. Series 19A Class A2R3† | 5.137% (3 mo. USD Term SOFR + 1.42%) | # | 7/17/2037 | 4,710,000 | 4,712,298 | |||||||
| BSPDF Issuer LLC Series 2026-FL3 Class A† | 5.089% (1 mo. USD Term SOFR + 1.45%) | # | 9/18/2043 | 9,310,000 | 9,333,277 | |||||||
| BSPDF Issuer LLC Series 2026-FL4 Class A† | 5.089% (1 mo. USD Term SOFR + 1.45%) | # | 11/18/2043 | 7,800,000 | 7,815,990 | |||||||
| BSPDF Issuer LLC Series 2026-FL5 Class A† | 5.10% (1 mo. USD Term SOFR + 1.30%) | # | 2/18/2044 | 3,230,000 | 3,232,731 | |||||||
| BSPRT Issuer LLC Series 2025-FL12 Class A† | 5.025% (1 mo. USD Term SOFR + 1.39%) | # | 1/17/2043 | 7,900,000 | 7,920,003 | |||||||
| Cajun Global LLC Series 2025-2A Class A2† | 5.912% | 11/20/2055 | 4,585,000 | 4,558,632 | ||||||||
| Cherry Securitization Trust Series 2024-1A Class A† | 5.70% | 4/15/2032 | 9,350,000 | 9,362,407 | ||||||||
| Crockett Partners Equipment Co. IIA LLC Series 2024-1C Class A† | 6.05% | 1/20/2031 | 2,574,924 | 2,582,973 | ||||||||
| DailyPay Securitization Trust Series 2025-1A Class A† | 5.63% | 6/26/2028 | 7,750,000 | 7,767,194 | ||||||||
| Driven Brands Funding LLC Series 2025-1A Class A2† | 5.296% | 10/20/2055 | 3,399,312 | 3,293,795 | ||||||||
| 34 | See Notes to Schedule of Investments. |
Schedule of Investments (unaudited)(continued)
CORE PLUS BOND FUND August 31, 2026
| Investments | Interest Rate | Maturity Date | Principal Amount | Fair Value | ||||||||
| Other (continued) | ||||||||||||
| Dryden 105 CLO Ltd. Series 2023-105A Class AR† | 5.203% (3 mo. USD Term SOFR + 1.45%) | # | 4/15/2038 | $ | 6,030,000 | $ | 6,047,306 | |||||
| Elevation CLO Ltd. Series 2025-18A Class A1† | 4.969% (3 mo. USD Term SOFR + 1.24%) | # | 3/28/2038 | 7,500,000 | 7,508,775 | |||||||
| FCR Issuer LLC Series 2026-FL1 Class A† | 5.244% (1 mo. USD Term SOFR + 1.50%) | # | 8/19/2043 | 5,720,000 | 5,724,855 | |||||||
| GreenSky Home Improvement Issuer Trust Series 2026-REV1 Class A† | 4.93% | 5/15/2041 | 9,965,000 | 9,935,329 | ||||||||
| INCREF LLC Series 2026-FL2 Class A† | 5.097% (1 mo. USD Term SOFR + 1.45%) | # | 12/19/2043 | 4,780,000 | 4,790,445 | |||||||
| KKR CLO 35 Ltd. Series 35A Class BR† | 5.329% (3 mo. USD Term SOFR + 1.60%) | # | 1/20/2038 | 10,150,000 | 10,176,390 | |||||||
| Lending Funding Trust Series 2020-2A Class A† | 2.32% | 4/21/2031 | 1,001,993 | 994,382 | ||||||||
| Lendmark Funding Trust Series 2025-1A Class A† | 4.94% | 9/20/2034 | 11,955,000 | 11,917,642 | ||||||||
| Madison Park Funding LXIX Ltd. Series 2024-69A Class A2R† | 5.26% (3 mo. USD Term SOFR + 1.45%) | # | 7/25/2037 | 8,200,000 | 8,195,228 | |||||||
| Man U.S. CLO Ltd. Series 2021-1A Class A2R† | 5.167% (3 mo. USD Term SOFR + 1.47%) | # | 10/15/2038 | 13,450,000 | 13,456,577 | |||||||
| Mariner Finance Issuance Trust Series 2024-AA Class E† | 9.02% | 9/22/2036 | 4,250,000 | 4,323,655 | ||||||||
| Mariner Finance Issuance Trust Series 2024-BA Class C† | 5.73% | 11/20/2038 | 1,708,000 | 1,707,477 | ||||||||
| MF1 LLC Series 2022-FL9 Class A† | 5.797% (1 mo. USD Term SOFR + 2.15%) | # | 6/19/2037 | 1,429,852 | 1,430,034 | |||||||
| MF1 LLC Series 2026-FL22 Class A† | 5.039% (1 mo. USD Term SOFR + 1.40%) | # | 11/18/2043 | 12,630,000 | 12,667,495 | |||||||
| Mountain Point CLO 2 Ltd. Series 2026-2A Class A1†(c) | – | (d) | 10/23/2039 | 16,090,000 | 16,094,103 | |||||||
| OHA Loan Funding Ltd. Series LF16-1A Class A2R3† | 5.124% (3 mo. USD Term SOFR + 1.41%) | # | 8/28/2039 | 4,810,000 | 4,811,227 | |||||||
| OneMain Financial Issuance Trust Series 2020-2A Class D† | 3.45% | 9/14/2035 | 280,000 | 270,224 | ||||||||
| OWN Equipment Fund I LLC Series 2024-2M Class A† | 5.70% | 12/20/2032 | 3,691,710 | 3,672,405 | ||||||||
| Pagaya Point of Sale Holdings Grantor Trust Series 2025-1 Class A† | 5.715% | 1/20/2034 | 4,025,000 | 4,029,109 | ||||||||
| See Notes to Schedule of Investments. | 35 |
Schedule of Investments (unaudited)(continued)
CORE PLUS BOND FUND August 31, 2026
| Investments | Interest Rate | Maturity Date | Principal Amount | Fair Value | ||||||||
| Other (continued) | ||||||||||||
| PEAC Solutions Receivables LLC Series 2026-1A Class A3† | 4.39% | 7/20/2033 | $ | 7,605,000 | $ | 7,531,365 | ||||||
| PFP Ltd. Series 2026-13 Class A† | 5.139% (1 mo. USD Term SOFR + 1.50%) | # | 8/18/2043 | 5,200,000 | 5,228,249 | |||||||
| PFP Ltd. Series 2026-14 Class A† | 4.959% (1 mo. USD Term SOFR + 1.32%) | # | 12/18/2043 | 7,840,000 | 7,847,448 | |||||||
| Regatta XXVIII Funding Ltd. Series 2024-2A Class A2R† | 5.045% (3 mo. USD Term SOFR + 1.40%) | # | 7/25/2039 | 3,650,000 | 3,651,566 | |||||||
| Romark CLO - IV Ltd. Series 2021-4A Class A2AR† | 5.398% (3 mo. USD Term SOFR + 1.65%) | # | 7/10/2034 | 3,250,000 | 3,256,900 | |||||||
| RR 47 Ltd. Series 2026-47A Class A1AR† | 4.961% (3 mo. USD Term SOFR + 1.25%) | # | 10/15/2041 | 9,850,000 | 9,852,512 | |||||||
| SCF Equipment Leasing LLC Series 2024-1A Class E† | 9.00% | 12/20/2034 | 2,300,000 | 2,423,219 | ||||||||
| SEB Funding LLC Series 2026-1A Class A2† | 6.665% | 1/30/2056 | 9,360,000 | 9,247,068 | ||||||||
| Sixth Street CLO XXIV Ltd. Series 2024-24A Class A1R† | 4.992% (3 mo. USD Term SOFR + 1.24%) | # | 4/23/2037 | 4,800,000 | 4,815,226 | |||||||
| Stream Innovations Issuer Trust Series 2024-2A Class A† | 5.21% | 2/15/2045 | 6,330,077 | 6,271,891 | ||||||||
| Sunbit Asset Securitization Trust Series 2025-1 Class A† | 5.36% | 7/15/2030 | 10,690,000 | 10,686,239 | ||||||||
| THL Credit Wind River CLO Ltd. Series 2020-1A Class A2RR† | 5.179% (3 mo. USD Term SOFR + 1.45%) | # | 7/20/2037 | 6,000,000 | 6,002,868 | |||||||
| U.S. Bank C&I Credit-Linked Notes Series 2025-SUP2 Class B1† | 4.818% | 9/25/2032 | 2,448,352 | 2,401,404 | ||||||||
| U.S. Bank NA Series 2025-SUP1 Class B† | 5.582% | 2/25/2032 | 2,369,508 | 2,356,932 | ||||||||
| U.S. Bank NA Series 2026-XOV1 Class B†(c) | 6.072% | 9/25/2033 | 6,500,000 | 6,507,150 | ||||||||
| Verdant Receivables LLC Series 2025-1A Class A3† | 4.96% | 5/12/2033 | 12,117,000 | 12,137,718 | ||||||||
| Verizon Master Trust Series 2023-3 Class A† | 4.73% | 4/21/2031 | 8,168,000 | 8,190,356 | ||||||||
| Verizon Master Trust Series 2025-3 Class A1A | 4.51% | 3/20/2030 | 4,910,000 | 4,917,148 | ||||||||
| Total | 377,179,537 | |||||||||||
| Student Loan 0.08% | ||||||||||||
| Bayview Opportunity Master Fund VII LLC Series 2024-EDU1 Class C† | 5.443% (30 day USD SOFR Average + 1.80%) | # | 6/25/2047 | 4,105,644 | 4,124,055 | |||||||
| Total Asset-Backed Securities (cost $797,666,262) | 796,014,992 | |||||||||||
| 36 | See Notes to Schedule of Investments. |
Schedule of Investments (unaudited)(continued)
CORE PLUS BOND FUND August 31, 2026
| Investments | Interest Rate | Maturity Date | Principal Amount | Fair Value | ||||||||
| CORPORATE BONDS 44.99% | ||||||||||||
| Aerospace/Defense 0.58% | ||||||||||||
| ATI, Inc. | 5.875% | 6/15/2033 | $ | 1,860,000 | $ | 1,878,029 | ||||||
| ATI, Inc. | 7.25% | 8/15/2030 | 2,008,000 | 2,083,214 | ||||||||
| Hexcel Corp. | 5.875% | 2/26/2035 | 6,808,000 | 6,863,284 | ||||||||
| Howmet Aerospace, Inc. | 3.75% | 3/3/2028 | 5,612,000 | 5,539,662 | ||||||||
| Northrop Grumman Corp. | 3.25% | 1/15/2028 | 8,898,000 | 8,741,313 | ||||||||
| TransDigm, Inc.† | 6.75% | 1/31/2034 | 4,786,000 | 4,864,730 | ||||||||
| Total | 29,970,232 | |||||||||||
| Agriculture 0.69% | ||||||||||||
| Altria Group, Inc. | 4.875% | 2/4/2028 | 12,638,000 | 12,678,873 | ||||||||
| BAT Capital Corp. | 7.75% | 10/19/2032 | 10,036,000 | 11,250,617 | ||||||||
| Imperial Brands Finance PLC (United Kingdom)†(e) | 5.625% | 7/1/2035 | 5,596,000 | 5,531,331 | ||||||||
| Imperial Brands Finance PLC (United Kingdom)†(e) | 5.875% | 7/1/2034 | 6,108,000 | 6,194,239 | ||||||||
| Total | 35,655,060 | |||||||||||
| Airlines 0.09% | ||||||||||||
| United Airlines Holdings, Inc. | 4.875% | 3/1/2029 | 4,839,000 | 4,780,044 | ||||||||
| Apparel 0.19% | ||||||||||||
| William Carter Co.†(f) | 7.375% | 2/15/2031 | 9,649,000 | 9,973,747 | ||||||||
| Auto Manufacturers 0.96% | ||||||||||||
| Ford Motor Credit Co. LLC | 2.90% | 2/10/2029 | 2,858,000 | 2,695,381 | ||||||||
| Ford Motor Credit Co. LLC | 5.303% | 9/6/2029 | 12,724,000 | 12,687,812 | ||||||||
| Ford Motor Credit Co. LLC | 7.20% | 6/10/2030 | 3,211,000 | 3,366,378 | ||||||||
| Hyundai Capital America† | 4.90% | 6/23/2028 | 10,923,000 | 10,924,290 | ||||||||
| JB Poindexter & Co., Inc.† | 8.75% | 12/15/2031 | 5,441,000 | 5,623,295 | ||||||||
| Nissan Motor Acceptance Co. LLC† | 7.05% | 9/15/2028 | 7,817,000 | 7,986,404 | ||||||||
| Stellantis Financial Services U.S. Corp.† | 5.40% | 6/15/2029 | 3,233,000 | 3,194,326 | ||||||||
| Toyota Motor Credit Corp. | 4.55% | 9/20/2027 | 3,088,000 | 3,092,875 | ||||||||
| Total | 49,570,761 | |||||||||||
| Auto Parts & Equipment 0.23% | ||||||||||||
| Clarios Global LP/Clarios U.S. Finance Co.† | 6.75% | 9/15/2032 | 3,951,000 | 4,027,472 | ||||||||
| Dexko Global, Inc.†(f) | 7.50% | 4/15/2032 | 4,760,659 | 3,999,871 | ||||||||
| ZF North America Capital, Inc.† | 6.75% | 4/23/2030 | 3,719,000 | 3,750,422 | ||||||||
| Total | 11,777,765 | |||||||||||
| See Notes to Schedule of Investments. | 37 |
Schedule of Investments (unaudited)(continued)
CORE PLUS BOND FUND August 31, 2026
| Investments | Interest Rate | Maturity Date | Principal Amount | Fair Value | ||||||||
| Banks 5.14% | ||||||||||||
| ABN AMRO Bank NV (Netherlands)†(e) | 3.324% (5 yr. CMT + 1.90%) | # | 3/13/2037 | $ | 3,200,000 | $ | 2,844,517 | |||||
| Banco de Credito del Peru SA (Peru)†(e) | 5.65% (5 yr. CMT + 1.96%) | # | 1/15/2037 | 7,086,000 | 7,059,427 | |||||||
| Bank of America Corp. | 2.087% (SOFR + 1.06%) | # | 6/14/2029 | 7,537,000 | 7,190,680 | |||||||
| Bank of America Corp. | 3.593% (3 mo. USD Term SOFR + 1.63%) | # | 7/21/2028 | 10,683,000 | 10,591,786 | |||||||
| Bank of America Corp. | 3.97% (3 mo. USD Term SOFR + 1.33%) | # | 3/5/2029 | 9,764,000 | 9,650,354 | |||||||
| Barclays PLC (United Kingdom)(e) | 6.496% (SOFR + 1.88%) | # | 9/13/2027 | 10,000,000 | 10,006,739 | |||||||
| Capital One NA | 5.974% (5 yr. USD SOFR ICE Swap + 1.73%) | # | 8/9/2028 | 3,941,000 | 4,019,223 | |||||||
| Cassa Depositi e Prestiti SpA (Italy)(e) | 4.375% | 10/1/2030 | 13,131,000 | 12,837,042 | ||||||||
| Citigroup, Inc. | 3.887% (3 mo. USD Term SOFR + 1.82%) | # | 1/10/2028 | 4,150,000 | 4,141,310 | |||||||
| Citigroup, Inc. | 3.98% (3 mo. USD Term SOFR + 1.60%) | # | 3/20/2030 | 3,263,000 | 3,187,435 | |||||||
| Citigroup, Inc.(f) | 5.174% (SOFR + 1.49%) | # | 9/11/2036 | 5,680,000 | 5,520,554 | |||||||
| Citigroup, Inc. | 6.174% (SOFR + 2.66%) | # | 5/25/2034 | 7,733,000 | 7,924,488 | |||||||
| Citigroup, Inc. | 6.625% (5 yr. CMT + 3.00%) | # | – | (g) | 6,550,000 | 6,646,796 | ||||||
| Citizens Financial Group, Inc. | 6.645% (SOFR + 2.33%) | # | 4/25/2035 | 7,089,000 | 7,462,575 | |||||||
| Danske Bank AS (Denmark)†(e) | 4.298% (1 yr. CMT + 1.75%) | # | 4/1/2028 | 5,657,000 | 5,649,000 | |||||||
| First Citizens BancShares, Inc. | 5.60% (5 yr. CMT + 1.85%) | # | 9/5/2035 | 4,122,000 | 4,015,313 | |||||||
| First Citizens BancShares, Inc. | 6.254% (5 yr. CMT + 1.97%) | # | 3/12/2040 | 8,031,000 | 7,769,920 | |||||||
| Goldman Sachs Group, Inc. | 2.383% (SOFR + 1.25%) | # | 7/21/2032 | 6,830,000 | 5,963,111 | |||||||
| Goldman Sachs Group, Inc. | 5.016% (SOFR + 1.42%) | # | 10/23/2035 | 5,686,000 | 5,460,680 | |||||||
| Goldman Sachs Group, Inc. | 5.094% (SOFR + 1.34%) | # | 4/20/2034 | 4,959,000 | 4,839,062 | |||||||
| Intesa Sanpaolo SpA (Italy)†(e) | 6.625% | 6/20/2033 | 5,678,000 | 6,061,293 | ||||||||
| JPMorgan Chase & Co. | 5.193% (SOFR + 1.30%) | # | 2/5/2037 | 16,542,000 | 15,876,447 | |||||||
| JPMorgan Chase & Co. | 5.294% (SOFR + 1.46%) | # | 7/22/2035 | 12,412,000 | 12,281,093 | |||||||
| 38 | See Notes to Schedule of Investments. |
Schedule of Investments (unaudited)(continued)
CORE PLUS BOND FUND August 31, 2026
| Investments | Interest Rate | Maturity Date | Principal Amount | Fair Value | ||||||||
| Banks (continued) | ||||||||||||
| JPMorgan Chase & Co. | 5.576% (SOFR + 1.64%) | # | 7/23/2036 | $ | 4,685,000 | $ | 4,664,413 | |||||
| Macquarie Group Ltd. (Australia)†(e) | 4.654% (3 mo. USD Term SOFR + 1.99%) | # | 3/27/2029 | 5,143,000 | 5,126,994 | |||||||
| Morgan Stanley | 2.239% (SOFR + 1.18%) | # | 7/21/2032 | 6,000,000 | 5,205,788 | |||||||
| Morgan Stanley | 4.431% (3 mo. USD Term SOFR + 1.89%) | # | 1/23/2030 | 12,802,000 | 12,646,301 | |||||||
| Morgan Stanley | 5.073% (SOFR + 1.18%) | # | 1/30/2037 | 13,855,000 | 13,213,938 | |||||||
| Morgan Stanley | 5.25% (SOFR + 1.87%) | # | 4/21/2034 | 3,416,000 | 3,375,007 | |||||||
| Morgan Stanley | 5.297% (SOFR + 2.62%) | # | 4/20/2037 | 2,359,000 | 2,312,283 | |||||||
| Morgan Stanley | 5.424% (SOFR + 1.88%) | # | 7/21/2034 | 7,021,000 | 6,990,121 | |||||||
| Morgan Stanley | 5.605% (SOFR + 1.43%) | # | 7/17/2037 | 3,338,000 | 3,306,174 | |||||||
| U.S. Bancorp | 4.839% (SOFR + 1.60%) | # | 2/1/2034 | 7,177,000 | 6,959,442 | |||||||
| U.S. Bancorp | 5.678% (SOFR + 1.86%) | # | 1/23/2035 | 5,000,000 | 5,054,329 | |||||||
| UBS Group AG (Switzerland)†(e) | 2.746% (1 yr. CMT + 1.10%) | # | 2/11/2033 | 4,312,000 | 3,783,440 | |||||||
| UBS Group AG (Switzerland)†(e) | 5.58% (SOFR + 1.76%) | # | 5/9/2036 | 6,459,000 | 6,425,982 | |||||||
| Wells Fargo & Co. | 2.393% (SOFR + 2.10%) | # | 6/2/2028 | 5,300,000 | 5,213,993 | |||||||
| Wells Fargo & Co. | 3.35% (SOFR + 1.50%) | # | 3/2/2033 | 6,838,000 | 6,208,421 | |||||||
| Wells Fargo & Co. | 5.574% (SOFR + 1.74%) | # | 7/25/2029 | 2,255,000 | 2,286,137 | |||||||
| Western Alliance Bancorp | 5.918% (3 mo. USD Term SOFR + 2.25%) | # | 6/15/2031 | 5,037,000 | 4,920,691 | |||||||
| Total | 264,692,299 | |||||||||||
| Beverages 0.09% | ||||||||||||
| Bacardi Ltd./Bacardi-Martini BV† | 5.40% | 6/15/2033 | 4,534,000 | 4,442,516 | ||||||||
| Biotechnology 0.53% | ||||||||||||
| Amgen, Inc. | 5.15% | 3/2/2028 | 14,655,000 | 14,748,018 | ||||||||
| Regeneron Pharmaceuticals, Inc. | 2.80% | 9/15/2050 | 14,728,000 | 8,578,008 | ||||||||
| Royalty Pharma PLC | 3.35% | 9/2/2051 | 5,882,000 | 3,773,279 | ||||||||
| Total | 27,099,305 | |||||||||||
| See Notes to Schedule of Investments. | 39 |
Schedule of Investments (unaudited)(continued)
CORE PLUS BOND FUND August 31, 2026
| Investments | Interest Rate | Maturity Date | Principal Amount | Fair Value | ||||||||
| Building Materials 0.20% | ||||||||||||
| Ameritex Holdco Intermediate LLC† | 7.625% | 8/15/2033 | $ | 3,832,000 | $ | 3,928,211 | ||||||
| EMRLD Borrower LP/Emerald Co-Issuer, Inc.† | 6.75% | 7/15/2031 | 2,145,000 | 2,211,944 | ||||||||
| Smyrna Ready Mix Concrete LLC† | 8.875% | 11/15/2031 | 3,898,000 | 4,087,474 | ||||||||
| Total | 10,227,629 | |||||||||||
| Chemicals 0.40% | ||||||||||||
| Celanese U.S. Holdings LLC | 7.00% | 2/15/2031 | 4,849,000 | 4,986,852 | ||||||||
| Rain Carbon, Inc.†(f) | 12.25% | 9/1/2029 | 3,252,000 | 3,460,401 | ||||||||
| SNF Group SACA (France)†(e) | 5.626% | 3/31/2031 | 12,353,000 | 12,407,551 | ||||||||
| Total | 20,854,804 | |||||||||||
| Coal 0.08% | ||||||||||||
| SunCoke Energy, Inc.† | 4.875% | 6/30/2029 | 4,375,000 | 4,231,471 | ||||||||
| Commercial Services 1.05% | ||||||||||||
| Allied Universal Holdco LLC† | 7.875% | 2/15/2031 | 2,595,000 | 2,700,165 | ||||||||
| Ashtead Capital, Inc.† | 2.45% | 8/12/2031 | 5,702,000 | 4,991,242 | ||||||||
| Ashtead Capital, Inc.† | 4.25% | 11/1/2029 | 7,153,000 | 6,962,606 | ||||||||
| Carrix, Inc.† | 6.125% | 8/1/2033 | 7,687,000 | 7,699,641 | ||||||||
| EquipmentShare.com, Inc.† | 9.00% | 5/15/2028 | 3,009,000 | 3,075,980 | ||||||||
| Global Payments, Inc. | 2.90% | 11/15/2031 | 7,400,000 | 6,473,424 | ||||||||
| Global Payments, Inc. | 4.50% | 11/15/2028 | 5,225,000 | 5,153,568 | ||||||||
| Herc Holdings, Inc.† | 7.25% | 6/15/2033 | 3,439,000 | 3,559,417 | ||||||||
| Mobility Global, Inc.† | 5.45% | 6/15/2031 | 6,130,000 | 6,106,981 | ||||||||
| Synergy Infrastructure Holdings LLC† | 7.875% | 12/1/2030 | 6,789,000 | 7,149,027 | ||||||||
| Total | 53,872,051 | |||||||||||
| Computers 0.09% | ||||||||||||
| Gartner, Inc.† | 4.50% | 7/1/2028 | 4,852,000 | 4,776,742 | ||||||||
| Cosmetics/Personal Care 0.11% | ||||||||||||
| Opal Bidco SAS (France)†(e) | 6.50% | 3/31/2032 | 5,376,000 | 5,430,217 | ||||||||
| Distribution/Wholesale 0.10% | ||||||||||||
| ADI Global Distribution Funding LLC† | 7.125% | 7/15/2034 | 5,217,000 | 5,394,428 | ||||||||
| Diversified Financial Services 3.56% | ||||||||||||
| Aircastle Ltd.† | 2.85% | 1/26/2028 | 5,300,000 | 5,152,990 | ||||||||
| Aircastle Ltd.† | 6.50% | 7/18/2028 | 12,208,000 | 12,530,475 | ||||||||
| Aretec Group, Inc.† | 10.00% | 8/15/2030 | 3,646,000 | 3,844,240 | ||||||||
| Aviation Capital Group LLC† | 6.375% | 7/15/2030 | 4,500,000 | 4,665,031 | ||||||||
| Aviation Capital Group LLC† | 6.75% | 10/25/2028 | 5,000,000 | 5,166,839 | ||||||||
| 40 | See Notes to Schedule of Investments. |
Schedule of Investments (unaudited)(continued)
CORE PLUS BOND FUND August 31, 2026
| Investments | Interest Rate | Maturity Date | Principal Amount | Fair Value | ||||||||
| Diversified Financial Services (continued) | ||||||||||||
| Avilease Capital Ltd. (Cayman Islands)†(e) | 4.75% | 11/12/2030 | $ | 7,105,000 | $ | 6,900,429 | ||||||
| Avolon Holdings Funding Ltd. (Ireland)†(e) | 2.528% | 11/18/2027 | 797,000 | 775,598 | ||||||||
| Avolon Holdings Funding Ltd. (Ireland)†(e) | 4.85% | 4/1/2033 | 5,006,000 | 4,785,285 | ||||||||
| Avolon Holdings Funding Ltd. (Ireland)†(e) | 5.375% | 5/30/2030 | 5,659,000 | 5,672,963 | ||||||||
| Avolon Holdings Funding Ltd. (Ireland)†(e) | 5.75% | 11/15/2029 | 4,279,000 | 4,342,448 | ||||||||
| Azorra Finance Ltd. (Cayman Islands)†(e) | 7.25% | 1/15/2031 | 9,396,000 | 9,731,080 | ||||||||
| Cboe Global Markets, Inc. | 3.65% | 1/12/2027 | 5,304,000 | 5,292,427 | ||||||||
| Citadel Securities Global Holdings LLC† | 6.20% | 6/18/2035 | 14,480,000 | 14,555,009 | ||||||||
| CrossCountry Intermediate HoldCo LLC† | 6.50% | 10/1/2030 | 8,586,000 | 8,368,433 | ||||||||
| Freedom Mortgage Holdings LLC† | 8.00% | 2/1/2032 | 5,278,000 | 5,219,191 | ||||||||
| ILFC E-Capital Trust I† | 6.48% | #(h) | 12/21/2065 | 11,192,000 | 9,855,284 | |||||||
| Intercontinental Exchange, Inc.(f) | 5.40% | 9/1/2036 | 3,525,000 | 3,508,616 | ||||||||
| Jane Street Group/JSG Finance, Inc.† | 7.686% | 8/13/2033 | 10,000,000 | 10,262,500 | ||||||||
| LPL Holdings, Inc.† | 4.00% | 3/15/2029 | 12,000,000 | 11,646,115 | ||||||||
| LPL Holdings, Inc.† | 4.625% | 11/15/2027 | 5,486,000 | 5,450,652 | ||||||||
| Macquarie Airfinance Holdings Ltd. (United Kingdom)†(e) | 5.15% | 3/17/2030 | 5,000,000 | 4,955,665 | ||||||||
| Macquarie Airfinance Holdings Ltd. (United Kingdom)†(e) | 6.40% | 3/26/2029 | 4,700,000 | 4,827,329 | ||||||||
| Macquarie Airfinance Holdings Ltd. (United Kingdom)†(e) | 6.50% | 3/26/2031 | 3,752,000 | 3,888,365 | ||||||||
| Muthoot Finance Ltd. (India)(e) | 6.375% | 4/23/2029 | 6,904,000 | 6,905,791 | ||||||||
| Navient Corp. | 9.375% | 7/25/2030 | 2,241,000 | 2,357,472 | ||||||||
| Neuberger Berman Group LLC/Neuberger Berman Finance Corp.† | 4.50% | 3/15/2027 | 4,800,000 | 4,793,685 | ||||||||
| OneMain Finance Corp. | 7.50% | 5/15/2031 | 7,571,000 | 7,778,885 | ||||||||
| Stellantis Financial Services U.S. Corp.† | 4.95% | 9/15/2028 | 7,217,000 | 7,156,756 | ||||||||
| WS Escrow LLC† | 7.75% | 6/1/2033 | 2,563,000 | 2,670,172 | ||||||||
| Total | 183,059,725 | |||||||||||
| Electric 5.24% | ||||||||||||
| AEP Texas, Inc. | 5.20% | 4/15/2036 | 4,741,000 | 4,576,779 | ||||||||
| AES Corp.† | 3.95% | 7/15/2030 | 5,402,000 | 5,137,443 | ||||||||
| Alpha Generation LLC† | 6.75% | 10/15/2032 | 6,941,000 | 6,998,950 | ||||||||
| Appalachian Power Co. | 5.65% | 4/1/2034 | 3,014,000 | 3,044,210 | ||||||||
| Capital Power U.S. Holdings, Inc.† | 5.257% | 6/1/2028 | 5,935,000 | 5,945,806 | ||||||||
| Capital Power U.S. Holdings, Inc.† | 6.189% | 6/1/2035 | 13,983,000 | 14,173,861 | ||||||||
| Chile Electricity Lux MPC II SARL (Luxembourg)†(e) | 5.58% | 10/20/2035 | 7,118,191 | 7,107,514 | ||||||||
| See Notes to Schedule of Investments. | 41 |
Schedule of Investments (unaudited)(continued)
CORE PLUS BOND FUND August 31, 2026
| Investments | Interest Rate | Maturity Date | Principal Amount | Fair Value | ||||||||
| Electric (continued) | ||||||||||||
| Chpe LLC† | 5.10% | 6/30/2033 | $ | 7,804,000 | $ | 7,656,213 | ||||||
| Chpe LLC† | 5.35% | 6/30/2036 | 6,080,000 | 5,914,149 | ||||||||
| Comision Federal de Electricidad (Mexico)†(e) | 6.045% | 1/28/2034 | 2,419,000 | 2,357,920 | ||||||||
| Comision Federal de Electricidad (Mexico)(e)(f) | 6.45% | 1/24/2035 | 4,502,000 | 4,475,521 | ||||||||
| Constellation Energy Generation LLC | 5.00% | 2/1/2031 | 11,082,000 | 10,981,665 | ||||||||
| Constellation Energy Generation LLC | 5.60% | 6/15/2042 | 2,075,000 | 1,986,000 | ||||||||
| COX Asset Mexico SA de CV (Mexico)†(e)(f) | 7.75% | 5/8/2036 | 4,959,000 | 5,000,656 | ||||||||
| Electricite de France SA (France)(e) | 4.50% | 12/4/2069 | 6,800,000 | 4,624,472 | ||||||||
| Electricite de France SA (France)†(e) | 9.125% (5 yr. CMT + 5.41%) | # | – | (g) | 8,603,000 | 9,862,039 | ||||||
| ENEL Finance International NV (Netherlands)†(e) | 5.125% | 6/26/2029 | 3,011,000 | 3,030,680 | ||||||||
| Entergy Louisiana LLC | 4.90% | 4/15/2036 | 7,550,000 | 7,183,676 | ||||||||
| Entergy Mississippi LLC | 5.05% | 4/15/2036 | 10,391,000 | 9,960,672 | ||||||||
| Evergy Missouri West, Inc.† | 5.65% | 6/1/2034 | 6,000,000 | 6,003,972 | ||||||||
| Florida Power & Light Co. | 5.60% | 2/15/2066 | 4,423,000 | 4,039,237 | ||||||||
| Florida Power & Light Co. | 5.80% | 3/15/2065 | 2,315,000 | 2,183,508 | ||||||||
| Indianapolis Power & Light Co.† | 5.70% | 4/1/2054 | 3,000,000 | 2,838,173 | ||||||||
| Interstate Power & Light Co. | 5.60% | 6/29/2035 | 5,850,000 | 5,883,142 | ||||||||
| IPALCO Enterprises, Inc. | 4.25% | 5/1/2030 | 10,730,000 | 10,388,699 | ||||||||
| ITC Holdings Corp.† | 5.50% | 4/15/2036 | 4,819,000 | 4,747,967 | ||||||||
| Long Ridge Energy LLC† | 8.75% | 2/15/2032 | 6,707,000 | 6,931,254 | ||||||||
| NextEra Energy Capital Holdings, Inc. | 6.625% (5 yr. CMT + 1.69%) | # | 10/1/2066 | 8,315,000 | 8,112,917 | |||||||
| NRG Energy, Inc.† | 4.45% | 6/15/2029 | 6,500,000 | 6,363,939 | ||||||||
| NRG Energy, Inc.† | 5.407% | 10/15/2035 | 1,100,000 | 1,051,226 | ||||||||
| NRG Energy, Inc.† | 6.00% | 2/1/2033 | 4,037,000 | 4,020,399 | ||||||||
| Pacific Gas & Electric Co. | 5.00% | 6/4/2028 | 5,702,000 | 5,719,425 | ||||||||
| Pacific Gas & Electric Co. | 5.20% | 5/1/2036 | 7,940,000 | 7,494,311 | ||||||||
| Pacific Gas & Electric Co. | 5.80% | 5/15/2034 | 11,155,000 | 11,173,194 | ||||||||
| Palomino Funding Trust I† | 7.233% | 5/17/2028 | 3,939,000 | 4,064,524 | ||||||||
| Perusahaan Perseroan Persero PT Perusahaan Listrik Negara (Indonesia)(e) | 4.125% | 5/15/2027 | 10,986,000 | 10,943,068 | ||||||||
| PG&E Corp. | 6.85% (5 yr. CMT + 3.23%) | # | 9/15/2056 | 2,515,000 | 2,465,878 | |||||||
| PSEG Power LLC† | 5.75% | 5/15/2035 | 3,105,000 | 3,098,906 | ||||||||
| Talen Energy Supply LLC† | 6.25% | 2/1/2034 | 7,227,000 | 7,099,946 | ||||||||
| Virginia Electric & Power Co. | 4.95% | 3/15/2036 | 4,807,000 | 4,574,682 | ||||||||
| Virginia Electric & Power Co. | 5.65% | 8/15/2036 | 3,451,000 | 3,458,306 | ||||||||
| Vistra Operations Co. LLC† | 4.375% | 5/1/2029 | 7,843,000 | 7,674,125 | ||||||||
| Vistra Operations Co. LLC† | 5.70% | 12/30/2034 | 11,067,000 | 10,921,572 | ||||||||
| 42 | See Notes to Schedule of Investments. |
Schedule of Investments (unaudited)(continued)
CORE PLUS BOND FUND August 31, 2026
| Investments | Interest Rate | Maturity Date | Principal Amount | Fair Value | ||||||||
| Electric (continued) | ||||||||||||
| Vistra Operations Co. LLC† | 7.75% | 10/15/2031 | $ | 2,965,000 | $ | 3,089,331 | ||||||
| VoltaGrid LLC† | 7.375% | 11/1/2030 | 5,002,000 | 5,035,749 | ||||||||
| Total | 269,395,676 | |||||||||||
| Electronics 0.51% | ||||||||||||
| Flex Ltd. | 5.375% | 11/13/2035 | 5,718,000 | 5,410,455 | ||||||||
| nVent Finance SARL (Luxembourg)(e) | 2.75% | 11/15/2031 | 2,722,000 | 2,399,374 | ||||||||
| nVent Finance SARL (Luxembourg)(e) | 4.55% | 4/15/2028 | 6,722,000 | 6,687,696 | ||||||||
| Vontier Corp. | 2.95% | 4/1/2031 | 12,857,000 | 11,633,017 | ||||||||
| Total | 26,130,542 | |||||||||||
| Energy-Alternate Sources 0.11% | ||||||||||||
| Empresa Generadora de Electricidad Haina SA (Dominican Republic)†(e) | 5.625% | 11/8/2028 | 5,654,000 | 5,589,488 | ||||||||
| Engineering & Construction 0.44% | ||||||||||||
| Jacobs Solutions, Inc. | 5.375% | 3/3/2036 | 7,123,000 | 6,826,089 | ||||||||
| MasTec, Inc.† | 4.50% | 8/15/2028 | 7,670,000 | 7,580,792 | ||||||||
| Weekley Homes LLC/Weekley Finance Corp.† | 6.75% | 1/15/2034 | 7,883,000 | 7,995,388 | ||||||||
| Total | 22,402,269 | |||||||||||
| Entertainment 0.32% | ||||||||||||
| Flutter Treasury DAC (Ireland)†(e) | 5.875% | 6/4/2031 | 6,623,000 | 6,512,972 | ||||||||
| Pioneer Opco LLC† | 7.00% | 5/15/2033 | 5,087,000 | 5,181,859 | ||||||||
| Six Flags Entertainment Corp./Canada’s Wonderland Co./Millennium Operations LLC†(f) | 8.625% | 1/15/2032 | 4,506,000 | 4,571,833 | ||||||||
| Total | 16,266,664 | |||||||||||
| Equity Real Estate 0.13% | ||||||||||||
| Kennedy-Wilson, Inc.† | 7.00% | 6/1/2031 | 6,557,000 | 6,713,771 | ||||||||
| Food 0.62% | ||||||||||||
| Chobani LLC/Chobani Finance Corp., Inc.† | 6.375% | 4/15/2034 | 4,946,000 | 4,999,748 | ||||||||
| Conagra Brands, Inc. | 5.40% | 8/1/2031 | 3,566,000 | 3,555,557 | ||||||||
| JBS NV/JBS USA Foods Group Holdings, Inc./JBS USA Food Co. Holdings (Netherlands)(e) | 5.50% | 1/15/2036 | 7,912,000 | 7,708,471 | ||||||||
| Pilgrim’s Pride Corp. | 4.25% | 4/15/2031 | 9,820,000 | 9,349,909 | ||||||||
| Smithfield Foods, Inc.† | 2.625% | 9/13/2031 | 7,149,000 | 6,291,425 | ||||||||
| Total | 31,905,110 | |||||||||||
| Gas 0.56% | ||||||||||||
| CenterPoint Energy Resources Corp. | 1.75% | 10/1/2030 | 4,513,000 | 3,986,593 | ||||||||
| National Fuel Gas Co. | 2.95% | 3/1/2031 | 3,954,000 | 3,581,512 | ||||||||
| See Notes to Schedule of Investments. | 43 |
Schedule of Investments (unaudited)(continued)
CORE PLUS BOND FUND August 31, 2026
| Investments | Interest Rate | Maturity Date | Principal Amount | Fair Value | ||||||||
| Gas (continued) | ||||||||||||
| National Fuel Gas Co. | 4.75% | 5/15/2029 | $ | 10,259,000 | $ | 10,177,773 | ||||||
| National Fuel Gas Co. | 5.50% | 5/15/2036 | 4,178,000 | 4,064,586 | ||||||||
| National Fuel Gas Co. | 5.95% | 3/15/2035 | 5,009,000 | 5,094,670 | ||||||||
| NiSource, Inc. | 5.30% | 5/18/2036 | 1,848,000 | 1,800,549 | ||||||||
| Total | 28,705,683 | |||||||||||
| Health Care-Products 1.17% | ||||||||||||
| 180 Medical, Inc.† | 5.30% | 10/8/2035 | 9,755,000 | 9,390,091 | ||||||||
| Baxter International, Inc. | 2.539% | 2/1/2032 | 13,353,000 | 11,479,505 | ||||||||
| Baxter International, Inc. | 5.65% | 12/15/2035 | 9,245,000 | 9,028,340 | ||||||||
| Dentsply Sirona, Inc.(f) | 3.25% | 6/1/2030 | 5,170,000 | 4,781,393 | ||||||||
| Medline Borrower LP/Medline Co-Issuer, Inc.† | 6.25% | 4/1/2029 | 9,621,000 | 9,786,674 | ||||||||
| VSP Optical Group, Inc.† | 5.40% | 6/1/2033 | 8,980,000 | 8,890,455 | ||||||||
| VSP Optical Group, Inc.† | 5.65% | 6/1/2036 | 6,800,000 | 6,762,284 | ||||||||
| Total | 60,118,742 | |||||||||||
| Health Care-Services 0.98% | ||||||||||||
| Centene Corp. | 2.45% | 7/15/2028 | 6,847,000 | 6,525,943 | ||||||||
| CommonSpirit Health | 5.318% | 12/1/2034 | 4,711,000 | 4,633,650 | ||||||||
| Fresenius Medical Care U.S. Finance III, Inc.† | 3.00% | 12/1/2031 | 14,400,000 | 12,764,795 | ||||||||
| Icon Investments Six DAC (Ireland)†(e) | 5.995% | 8/13/2036 | 4,812,000 | 4,799,576 | ||||||||
| Icon Investments Six DAC (Ireland)(e) | 6.00% | 5/8/2034 | 4,663,000 | 4,711,445 | ||||||||
| UnitedHealth Group, Inc. | 3.45% | 1/15/2027 | 4,202,000 | 4,191,441 | ||||||||
| Universal Health Services, Inc. | 2.65% | 10/15/2030 | 10,287,000 | 9,240,120 | ||||||||
| Universal Health Services, Inc. | 5.50% | 9/1/2031 | 3,405,000 | 3,404,954 | ||||||||
| Total | 50,271,924 | |||||||||||
| Home Builders 0.29% | ||||||||||||
| Century Communities, Inc.† | 3.875% | 8/15/2029 | 6,832,000 | 6,518,546 | ||||||||
| LGI Homes, Inc.† | 4.00% | 7/15/2029 | 8,985,000 | 8,436,870 | ||||||||
| Total | 14,955,416 | |||||||||||
| Home Furnishings 0.16% | ||||||||||||
| Whirlpool Corp. | 6.125% | 6/15/2030 | 8,525,000 | 8,016,714 | ||||||||
| Insurance 0.85% | ||||||||||||
| Arch Capital Group Ltd. | 5.95% | 6/15/2056 | 3,243,000 | 3,147,869 | ||||||||
| Ardonagh Finco Ltd. (United Kingdom)†(e) | 7.75% | 2/15/2031 | 5,096,000 | 5,201,350 | ||||||||
| Brighthouse Financial Global Funding† | 5.65% | 6/10/2029 | 5,719,000 | 5,750,573 | ||||||||
| CNO Global Funding† | 5.875% | 6/4/2027 | 6,163,000 | 6,219,320 | ||||||||
| Jones Deslauriers Insurance Management, Inc. (Canada)†(e) | 8.50% | 3/15/2030 | 4,907,000 | 5,059,647 | ||||||||
| MetLife, Inc.† | 9.25% | 4/8/2068 | 9,450,000 | 10,955,650 |
| 44 | See Notes to Schedule of Investments. |
Schedule of Investments (unaudited)(continued)
CORE PLUS BOND FUND August 31, 2026
| Investments | Interest Rate | Maturity Date | Principal Amount | Fair Value | ||||||||
| Insurance (continued) | ||||||||||||
| New York Life Global Funding† | 4.55% | 1/28/2033 | $ | 2,760,000 | $ | 2,655,266 | ||||||
| Protective Life Corp. | 8.45% | 10/15/2039 | 393,000 | 467,733 | ||||||||
| RenaissanceRe Holdings Ltd. | 5.75% | 6/5/2033 | 4,490,000 | 4,518,107 | ||||||||
| Total | 43,975,515 | |||||||||||
| Internet 1.64% | ||||||||||||
| Alphabet, Inc. | 5.45% | 8/15/2036 | 7,505,000 | 7,448,679 | ||||||||
| Alphabet, Inc. | 6.375% | 8/15/2056 | 4,359,000 | 4,389,034 | ||||||||
| Amazon.com, Inc. | 5.80% | 3/13/2056 | 10,375,000 | 9,576,523 | ||||||||
| Beignet Investor LLC† | 6.581% | 5/30/2049 | 26,042,000 | 24,963,256 | ||||||||
| Prosus NV (Netherlands)(e) | 4.027% | 8/3/2050 | 9,490,000 | 6,501,541 | ||||||||
| Rakuten Group, Inc. (Japan)†(e) | 9.75% | 4/15/2029 | 1,881,000 | 2,051,303 | ||||||||
| Tencent Holdings Ltd. (China)†(e)(f) | 5.00% | 6/16/2036 | 9,200,000 | 8,983,724 | ||||||||
| Uber Technologies, Inc.† | 4.50% | 8/15/2029 | 16,776,000 | 16,547,793 | ||||||||
| Weibo Corp. (China)(e)(f) | 3.375% | 7/8/2030 | 4,100,000 | 3,819,724 | ||||||||
| Total | 84,281,577 | |||||||||||
| Investment Companies 0.15% | ||||||||||||
| HA Sustainable Infrastructure Capital, Inc.† | 5.95% | 7/15/2033 | 4,306,000 | 4,257,300 | ||||||||
| HA Sustainable Infrastructure Capital, Inc. | 6.375% | 7/1/2034 | 3,575,000 | 3,601,821 | ||||||||
| Total | 7,859,121 | |||||||||||
| Iron-Steel 0.13% | ||||||||||||
| Vale Overseas Ltd. (Brazil)†(e) | 6.00% (5 yr. CMT + 2.43%) | # | 2/25/2056 | 6,716,000 | 6,659,921 | |||||||
| Leisure Time 0.67% | ||||||||||||
| Carnival Corp. Ltd.†(f) | 6.125% | 2/15/2033 | 5,879,000 | 5,896,684 | ||||||||
| Gaia Purchaser, Inc.† | 7.625% | 7/15/2033 | 7,789,000 | 7,957,305 | ||||||||
| Lindblad Expeditions LLC† | 7.00% | 9/15/2030 | 9,324,000 | 9,607,953 | ||||||||
| Royal Caribbean Cruises Ltd.† | 5.375% | 7/15/2027 | 4,364,000 | 4,369,412 | ||||||||
| Royal Caribbean Cruises Ltd.† | 6.00% | 2/1/2033 | 6,550,000 | 6,591,326 | ||||||||
| Total | 34,422,680 | |||||||||||
| Lodging 0.31% | ||||||||||||
| Hilton Domestic Operating Co., Inc.† | 5.50% | 3/31/2034 | 4,488,000 | 4,420,366 | ||||||||
| Melco Resorts Finance Ltd. (Hong Kong)†(e) | 6.50% | 9/24/2033 | 4,595,000 | 4,464,726 | ||||||||
| Wynn Macau Ltd. (Macau)†(e) | 6.75% | 2/15/2034 | 7,071,000 | 7,006,495 | ||||||||
| Total | 15,891,587 | |||||||||||
| Machinery: Construction & Mining 0.10% | ||||||||||||
| Solaris Energy Infrastructure LLC† | 6.375% | 5/15/2031 | 4,994,000 | 4,959,894 | ||||||||
| See Notes to Schedule of Investments. | 45 |
Schedule of Investments (unaudited)(continued)
CORE PLUS BOND FUND August 31, 2026
| Investments | Interest Rate | Maturity Date | Principal Amount | Fair Value | ||||||||
| Machinery-Diversified 0.63% | ||||||||||||
| Flowserve Corp. | 2.80% | 1/15/2032 | $ | 11,547,000 | $ | 10,146,242 | ||||||
| Flowserve Corp. | 5.70% | 5/15/2036 | 5,700,000 | 5,623,936 | ||||||||
| Lsf12 Helix Parent LLC†(f) | 7.125% | 2/1/2033 | 5,297,000 | 5,312,351 | ||||||||
| Regal Rexnord Corp. | 6.30% | 2/15/2030 | 4,000,000 | 4,124,398 | ||||||||
| Regal Rexnord Corp. | 6.40% | 4/15/2033 | 6,903,000 | 7,172,502 | ||||||||
| Total | 32,379,429 | |||||||||||
| Media 1.36% | ||||||||||||
| CCO Holdings LLC/CCO Holdings Capital Corp.†(f) | 4.75% | 2/1/2032 | 5,410,000 | 4,851,104 | ||||||||
| Charter Communications Operating LLC/Charter Communications Operating Capital | 3.90% | 6/1/2052 | 7,615,000 | 4,629,290 | ||||||||
| Cox Communications, Inc.† | 1.80% | 10/1/2030 | 6,644,000 | 5,681,620 | ||||||||
| Cox Communications, Inc.† | 2.60% | 6/15/2031 | 4,399,000 | 3,798,397 | ||||||||
| Directv Financing LLC† | 8.875% | 2/1/2030 | 4,863,000 | 4,981,148 | ||||||||
| Discovery Global Holdings, Inc. | 5.05% | 3/15/2042 | 6,936,000 | 5,060,367 | ||||||||
| Paramount Global | 3.375% | 2/15/2028 | 7,622,000 | 7,455,228 | ||||||||
| Space Exploration Technologies Corp.† | 5.35% | 7/15/2031 | 8,921,000 | 8,723,110 | ||||||||
| Space Exploration Technologies Corp.† | 5.65% | 7/15/2033 | 8,357,000 | 8,066,686 | ||||||||
| Space Exploration Technologies Corp.† | 5.875% | 7/15/2036 | 8,282,000 | 7,809,238 | ||||||||
| Univision Communications, Inc.† | 8.50% | 7/31/2031 | 4,151,000 | 4,186,479 | ||||||||
| Univision Communications, Inc.† | 8.875% | 4/15/2033 | 5,055,000 | 4,999,639 | ||||||||
| Total | 70,242,306 | |||||||||||
| Mining 1.17% | ||||||||||||
| Aris Mining Corp. (Canada)†(e) | 8.00% | 10/31/2029 | 5,247,000 | 5,433,295 | ||||||||
| Capstone Copper Corp. (Canada)†(e) | 6.75% | 3/31/2033 | 5,825,000 | 5,918,551 | ||||||||
| Corp. Nacional del Cobre de Chile (Chile)†(e) | 6.33% | 1/13/2035 | 8,648,000 | 8,915,223 | ||||||||
| First Quantum Minerals Ltd. (Canada)†(e) | 8.00% | 3/1/2033 | 6,042,000 | 6,306,066 | ||||||||
| Freeport Indonesia PT (Indonesia)(e) | 6.20% | 4/14/2052 | 4,531,000 | 4,295,852 | ||||||||
| Glencore Funding LLC† | 6.375% | 10/6/2030 | 3,000,000 | 3,130,553 | ||||||||
| Ivanhoe Mines Ltd. (Canada)†(e)(f) | 7.875% | 1/23/2030 | 4,846,000 | 4,887,181 | ||||||||
| Minera Mexico SA de CV (Mexico)†(e) | 5.625% | 2/12/2032 | 4,300,000 | 4,308,600 | ||||||||
| Navoi Mining & Metallurgical Co. (Uzbekistan)†(e) | 6.95% | 10/17/2031 | 6,498,000 | 6,819,633 | ||||||||
| Novelis Corp.† | 6.875% | 1/30/2030 | 5,191,000 | 5,336,244 | ||||||||
| PLS Group Ltd. (Australia)†(e) | 6.875% | 5/1/2031 | 5,005,000 | 5,114,074 | ||||||||
| Total | 60,465,272 | |||||||||||
| Miscellaneous Manufacturing 0.12% | ||||||||||||
| LSB Industries, Inc.† | 6.25% | 10/15/2028 | 6,110,000 | 6,101,592 | ||||||||
| 46 | See Notes to Schedule of Investments. |
Schedule of Investments (unaudited)(continued)
CORE PLUS BOND FUND August 31, 2026
| Investments | Interest Rate | Maturity Date | Principal Amount | Fair Value | ||||||||
| Oil & Gas 2.20% | ||||||||||||
| Antero Resources Corp.† | 5.375% | 3/1/2030 | $ | 12,956,000 | $ | 12,959,534 | ||||||
| Caturus Energy LLC† | 8.50% | 2/15/2030 | 5,349,000 | 5,584,848 | ||||||||
| Continental Resources, Inc.† | 5.75% | 1/15/2031 | 5,119,000 | 5,185,929 | ||||||||
| Crescent Energy Finance LLC† | 7.375% | 1/15/2033 | 5,084,000 | 5,194,826 | ||||||||
| EQT Corp. | 7.00% | 2/1/2030 | 2,652,000 | 2,804,567 | ||||||||
| Expand Energy Corp. | 5.375% | 3/15/2030 | 5,467,000 | 5,487,831 | ||||||||
| HF Sinclair Corp. | 5.00% | 2/1/2028 | 5,000,000 | 4,991,518 | ||||||||
| Hilcorp Energy I LP/Hilcorp Finance Co.† | 8.375% | 11/1/2033 | 4,953,000 | 5,254,989 | ||||||||
| Kraken Oil & Gas Partners LLC† | 7.625% | 8/15/2029 | 7,453,000 | 7,617,555 | ||||||||
| Nabors Industries, Inc.†(f) | 8.875% | 8/15/2031 | 6,810,000 | 7,128,899 | ||||||||
| Permian Resources Operating LLC† | 7.00% | 1/15/2032 | 9,756,000 | 10,083,958 | ||||||||
| Petroleos Mexicanos (Mexico)(e) | 6.70% | 2/16/2032 | 12,012,000 | 12,082,679 | ||||||||
| Saudi Arabian Oil Co. (Saudi Arabia)†(e) | 4.375% | 2/2/2031 | 5,819,000 | 5,635,309 | ||||||||
| SM Energy Co.† | 6.75% | 8/1/2029 | 4,847,000 | 4,959,436 | ||||||||
| Transocean International Ltd.† | 7.875% | 10/15/2032 | 4,212,000 | 4,424,828 | ||||||||
| Viper Energy Partners LLC | 5.70% | 8/1/2035 | 7,297,000 | 7,275,596 | ||||||||
| Wildfire Intermediate Holdings LLC† | 7.50% | 10/15/2029 | 6,490,000 | 6,729,327 | ||||||||
| Total | 113,401,629 | |||||||||||
| Oil & Gas Services 0.35% | ||||||||||||
| Kodiak Gas Services LLC† | 6.50% | 10/1/2033 | 4,092,000 | 4,133,071 | ||||||||
| SESI LLC† | 7.875% | 9/30/2030 | 9,136,000 | 9,374,335 | ||||||||
| WBI Operating LLC† | 6.25% | 10/15/2030 | 4,315,000 | 4,339,652 | ||||||||
| Total | 17,847,058 | |||||||||||
| Packaging & Containers 0.15% | ||||||||||||
| Clydesdale Acquisition Holdings, Inc.† | 6.75% | 4/15/2032 | 7,954,000 | 7,772,617 | ||||||||
| Pharmaceuticals 0.90% | ||||||||||||
| AbbVie, Inc. | 4.80% | 3/15/2027 | 7,811,000 | 7,829,877 | ||||||||
| Bayer Corp.† | 6.65% | 2/15/2028 | 1,527,000 | 1,565,133 | ||||||||
| Bayer U.S. Finance LLC† | 5.375% | 7/20/2033 | 3,161,000 | 3,123,637 | ||||||||
| Bayer U.S. Finance LLC† | 6.375% | 11/21/2030 | 9,069,000 | 9,443,277 | ||||||||
| Bayer U.S. Finance LLC† | 6.50% | 11/21/2033 | 5,205,000 | 5,466,768 | ||||||||
| CVS Health Corp. | 7.00% (5 yr. CMT + 2.89%) | # | 3/10/2055 | 6,086,000 | 6,286,128 | |||||||
| EMD Finance LLC† | 4.125% | 8/15/2028 | 2,703,000 | 2,673,381 | ||||||||
| Pfizer Investment Enterprises Pte. Ltd. (Singapore)(e) | 4.45% | 5/19/2028 | 7,849,000 | 7,832,097 | ||||||||
| Teva Pharmaceutical Finance Netherlands III BV (Netherlands)(e) | 3.15% | 10/1/2026 | 1,971,000 | 1,968,350 | ||||||||
| Total | 46,188,648 | |||||||||||
| See Notes to Schedule of Investments. | 47 |
Schedule of Investments (unaudited)(continued)
CORE PLUS BOND FUND August 31, 2026
| Investments | Interest Rate | Maturity Date | Principal Amount | Fair Value | ||||||||
| Pipelines 2.19% | ||||||||||||
| Colonial Enterprises, Inc.† | 5.627% | 11/15/2035 | $ | 6,513,000 | $ | 6,383,212 | ||||||
| Columbia Pipelines Holding Co. LLC† | 4.999% | 11/17/2032 | 10,086,000 | 9,823,143 | ||||||||
| Columbia Pipelines Holding Co. LLC† | 5.097% | 10/1/2031 | 7,110,000 | 7,039,484 | ||||||||
| Delek Logistics Partners LP/Delek Logistics Finance Corp.† | 6.875% | 6/1/2034 | 5,065,000 | 5,111,259 | ||||||||
| DT Midstream, Inc.† | 4.125% | 6/15/2029 | 9,336,000 | 9,121,193 | ||||||||
| Eastern Energy Gas Holdings LLC | 5.65% | 10/15/2054 | 8,287,000 | 7,568,401 | ||||||||
| Enbridge, Inc. (Canada)(e) | 8.50% (5 yr. CMT + 4.43%) | # | 1/15/2084 | 8,937,000 | 10,085,136 | |||||||
| Energy Transfer LP | 7.09% (3 mo. USD Term SOFR + 3.28%) | # | 11/1/2066 | 4,830,000 | 4,817,345 | |||||||
| Esentia Energy Development SAB de CV (Mexico)†(e) | 6.50% | 7/30/2038 | 9,303,000 | 9,037,865 | ||||||||
| Florida Gas Transmission Co. LLC† | 5.75% | 7/15/2035 | 6,117,000 | 6,163,180 | ||||||||
| Gulfstream Natural Gas System LLC† | 5.60% | 7/23/2035 | 6,244,000 | 6,192,520 | ||||||||
| NGPL PipeCo LLC† | 5.60% | 8/15/2036 | 5,100,000 | 4,966,720 | ||||||||
| Plains All American Pipeline LP | 8.112% (3 mo. USD Term SOFR + 4.37%) | # | – | (g) | 7,670,000 | 7,690,233 | ||||||
| QazaqGaz NC JSC (Kazakhstan)†(e) | 5.625% | 5/8/2036 | 5,014,000 | 4,916,764 | ||||||||
| Rockies Express Pipeline LLC† | 6.75% | 3/15/2033 | 3,629,000 | 3,703,053 | ||||||||
| Transcanada Trust (Canada)(e) | 5.60% (5 yr. CMT + 3.99%) | # | 3/7/2082 | 3,077,000 | 3,012,324 | |||||||
| Venture Global Plaquemines LNG LLC† | 7.50% | 5/1/2033 | 6,383,000 | 6,936,930 | ||||||||
| Total | 112,568,762 | |||||||||||
| REITS 2.23% | ||||||||||||
| Blackstone Mortgage Trust, Inc.† | 6.25% | 6/1/2031 | 5,249,000 | 5,031,621 | ||||||||
| Brandywine Operating Partnership LP | 8.875% | 4/12/2029 | 4,798,000 | 5,070,550 | ||||||||
| Brixmor Operating Partnership LP | 5.375% | 6/15/2036 | 5,155,000 | 5,021,734 | ||||||||
| Crown Castle, Inc. | 2.10% | 4/1/2031 | 5,000,000 | 4,352,312 | ||||||||
| Crown Castle, Inc. | 3.30% | 7/1/2030 | 2,632,000 | 2,454,513 | ||||||||
| EPR Properties | 4.95% | 4/15/2028 | 1,994,000 | 1,991,021 | ||||||||
| GLP Capital LP/GLP Financing II, Inc. | 5.75% | 6/1/2028 | 6,982,000 | 7,051,757 | ||||||||
| Goodman U.S. Finance Seven LLC† | 5.25% | 4/28/2036 | 8,153,000 | 7,828,092 | ||||||||
| Goodman U.S. Finance Six LLC† | 5.125% | 10/7/2034 | 4,965,000 | 4,790,133 | ||||||||
| Iron Mountain Information Management Services, Inc.† | 5.00% | 7/15/2032 | 5,295,000 | 5,054,463 | ||||||||
| Ladder Capital Finance Holdings LLLP/Ladder Capital Finance Corp.† | 4.75% | 6/15/2029 | 6,309,000 | 6,149,669 | ||||||||
| Ladder Capital Finance Holdings LLLP/Ladder Capital Finance Corp.† | 7.00% | 7/15/2031 | 12,577,000 | 13,000,417 | ||||||||
| Millrose Properties, Inc.† | 6.375% | 8/1/2030 | 5,224,000 | 5,301,263 |
| 48 | See Notes to Schedule of Investments. |
Schedule of Investments (unaudited)(continued)
CORE PLUS BOND FUND August 31, 2026
| Investments | Interest Rate | Maturity Date | Principal Amount | Fair Value | ||||||||
| REITS (continued) | ||||||||||||
| Piedmont Operating Partnership LP | 2.75% | 4/1/2032 | $ | 7,819,000 | $ | 6,679,012 | ||||||
| Prologis Targeted U.S. Logistics Fund LP† | 5.25% | 1/15/2035 | 2,685,000 | 2,627,721 | ||||||||
| SBA Communications Corp. | 4.875% | 1/15/2030 | 8,402,000 | 8,332,699 | ||||||||
| Starwood Property Trust, Inc.† | 6.50% | 10/15/2030 | 4,227,000 | 4,305,415 | ||||||||
| VICI Properties LP/VICI Note Co., Inc.† | 3.75% | 2/15/2027 | 11,500,000 | 11,453,059 | ||||||||
| VICI Properties LP/VICI Note Co., Inc.† | 4.625% | 12/1/2029 | 3,831,000 | 3,742,575 | ||||||||
| VICI Properties LP/VICI Note Co., Inc.† | 5.75% | 2/1/2027 | 4,490,000 | 4,498,202 | ||||||||
| Total | 114,736,228 | |||||||||||
| Retail 0.29% | ||||||||||||
| Advance Auto Parts, Inc.† | 7.00% | 8/1/2030 | 5,010,000 | 5,125,379 | ||||||||
| PetSmart LLC/PetSmart Finance Corp.† | 7.50% | 9/15/2032 | 5,187,000 | 5,239,788 | ||||||||
| QXO Building Products, Inc.† | 6.75% | 4/30/2032 | 4,229,000 | 4,328,864 | ||||||||
| Total | 14,694,031 | |||||||||||
| Semiconductors 1.53% | ||||||||||||
| Broadcom, Inc. | 3.137% | 11/15/2035 | 13,600,000 | 10,950,971 | ||||||||
| Broadcom, Inc. | 4.80% | 2/15/2036 | 7,167,000 | 6,580,403 | ||||||||
| Foundry JV Holdco LLC† | 5.50% | 1/25/2031 | 5,744,000 | 5,795,666 | ||||||||
| Foundry JV Holdco LLC† | 5.875% | 1/25/2034 | 5,055,000 | 5,016,448 | ||||||||
| Foundry JV Holdco LLC† | 5.90% | 1/25/2033 | 2,483,000 | 2,524,490 | ||||||||
| Intel Corp. | 4.10% | 5/19/2046 | 5,330,000 | 3,924,482 | ||||||||
| Kioxia Holdings Corp. (Japan)†(e) | 6.25% | 7/24/2030 | 5,104,000 | 5,220,504 | ||||||||
| Kioxia Holdings Corp. (Japan)†(e) | 6.625% | 7/24/2033 | 9,063,000 | 9,367,035 | ||||||||
| Marvell Technology, Inc. | 5.30% | 4/15/2036 | 10,253,000 | 9,889,432 | ||||||||
| NVIDIA Corp.(f) | 4.95% | 6/15/2036 | 12,448,000 | 11,838,045 | ||||||||
| Skyworks Solutions, Inc. | 5.75% | 1/10/2032 | 7,812,000 | 7,757,905 | ||||||||
| Total | 78,865,381 | |||||||||||
| Software 0.75% | ||||||||||||
| CoreWeave, Inc.†(f) | 9.00% | 2/1/2031 | 4,976,000 | 4,469,647 | ||||||||
| Oracle Corp. | 2.875% | 3/25/2031 | 3,491,000 | 3,058,197 | ||||||||
| Oracle Corp. | 3.85% | 7/15/2036 | 6,500,000 | 5,164,524 | ||||||||
| Oracle Corp. | 5.95% | 9/26/2055 | 11,191,000 | 8,896,251 | ||||||||
| Oracle Corp. | 6.55% | 2/4/2046 | 8,951,000 | 8,002,394 | ||||||||
| Oracle Corp. | 6.85% | 2/4/2066 | 4,421,000 | 3,884,362 | ||||||||
| ROBLOX Corp.† | 3.875% | 5/1/2030 | 5,419,000 | 5,104,764 | ||||||||
| Total | 38,580,139 | |||||||||||
| Telecommunications 1.75% | ||||||||||||
| Cipher Compute LLC† | 7.125% | 11/15/2030 | 6,547,000 | 6,636,324 | ||||||||
| Core Scientific Finance I LLC† | 7.75% | 5/15/2031 | 12,497,000 | 12,133,620 |
| See Notes to Schedule of Investments. | 49 |
Schedule of Investments (unaudited)(continued)
CORE PLUS BOND FUND August 31, 2026
| Investments | Interest Rate | Maturity Date | Principal Amount | Fair Value | ||||||||
| Telecommunications (continued) | ||||||||||||
| ELK Grove Village Property LLC†(f) | 7.50% | 6/15/2031 | $ | 5,174,000 | $ | 4,985,841 | ||||||
| HUT 8 DC LLC† | 6.192% | 11/15/2042 | 5,440,000 | 5,285,796 | ||||||||
| Level 3 Financing, Inc.† | 8.50% | 1/15/2036 | 11,827,100 | 12,377,249 | ||||||||
| NTT Finance Corp. (Japan)†(e) | 5.11% | 7/2/2029 | 10,171,000 | 10,192,283 | ||||||||
| QTS Fayetteville I Dc1-2 LLC/QTS TRS Fayetteville I DC1-2 LLC† | 5.70% | 4/15/2036 | 12,465,000 | 11,286,085 | ||||||||
| Sopaipilla Investor LLC† | 7.534% | 11/30/2048 | 14,932,000 | 15,303,301 | ||||||||
| SV RNO Property Owner 1 LLC† | 5.875% | 3/1/2031 | 7,474,000 | 6,865,570 | ||||||||
| WULF Compute LLC† | 7.75% | 10/15/2030 | 4,743,000 | 4,930,804 | ||||||||
| Total | 89,996,873 | |||||||||||
| Toys/Games/Hobbies 0.20% | ||||||||||||
| Mattel, Inc.(f) | 5.00% | 11/17/2030 | 10,211,000 | 10,096,174 | ||||||||
| Transportation 0.41% | ||||||||||||
| GXO Logistics, Inc. | 6.50% | 5/6/2034 | 11,546,000 | 11,931,415 | ||||||||
| Rand Parent LLC† | 8.50% | 2/15/2030 | 5,023,000 | 5,185,112 | ||||||||
| Watco Cos. LLC/Watco Finance Corp.† | 7.125% | 8/1/2032 | 4,124,000 | 4,252,769 | ||||||||
| Total | 21,369,296 | |||||||||||
| Trucking & Leasing 0.13% | ||||||||||||
| SMBC Aviation Capital Finance DAC (Ireland)†(e) | 5.20% | 7/23/2031 | 6,667,000 | 6,628,743 | ||||||||
| Water 0.16% | ||||||||||||
| Nova Securitisation SARL (Luxembourg)†(e)(f) | 5.75% | 2/3/2031 | 8,741,000 | 8,396,036 | ||||||||
| Total Corporate Bonds (cost $2,335,854,127) | 2,314,661,304 | |||||||||||
| FLOATING RATE LOANS(i) 2.01% | ||||||||||||
| Aerospace & Defense 0.08% | ||||||||||||
| TransDigm, Inc. 2026 Term Loan N | 6.186% (1 mo. USD Term SOFR + 2.50%) | 2/13/2033 | 4,227,405 | 4,244,568 | ||||||||
| Diversified Financial Services 0.47% | ||||||||||||
| Avolon TLB Borrower 1 U.S. LLC 2023 Term Loan B6 | 5.403% (1 mo. USD Term SOFR + 1.75%) | 6/24/2030 | 11,767,973 | 11,810,985 | ||||||||
| Hudson River Trading LLC 2026 Repriced Term Loan B | 6.159% (1 mo. USD Term SOFR + 2.50%) | 3/18/2030 | 12,294,230 | 12,290,112 | ||||||||
| Total | 24,101,097 | |||||||||||
| Electric 0.28% | ||||||||||||
| NRG Energy, Inc. 2024 Term Loan | 5.436% (1 mo. USD Term SOFR + 1.75%) | 4/16/2031 | 14,289,125 | 14,306,129 | ||||||||
| 50 | See Notes to Schedule of Investments. |
Schedule of Investments (unaudited)(continued)
CORE PLUS BOND FUND August 31, 2026
| Investments | Interest Rate | Maturity Date | Principal Amount | Fair Value | ||||||||
| Entertainment 0.34% | ||||||||||||
| DK Crown Holdings, Inc. 2026 Term Loan B | 5.667% (3 mo. USD Term SOFR + 2.00%) | 8/25/2033 | $ | 5,184,000 | $ | 5,180,760 | ||||||
| Flutter Financing BV 2024 Term Loan B (Netherlands)(e) | 5.482% (3 mo. USD Term SOFR + 1.75%) | 11/30/2030 | 12,500,541 | 12,284,407 | ||||||||
| Total | 17,465,167 | |||||||||||
| Environmental Control 0.11% | ||||||||||||
| Clean Harbors, Inc. 2025 Term Loan | 5.186% (1 mo. USD Term SOFR + 1.50%) | 10/8/2032 | 5,872,490 | 5,909,780 | ||||||||
| Media 0.35% | ||||||||||||
| Charter Communications Operating LLC 2024 Term Loan B5 | 5.975% (3 mo. USD Term SOFR + 2.25%) | 12/15/2031 | 13,303,236 | 13,106,680 | ||||||||
| Discovery Global Holdings, Inc. 2026 USD Term Loan B | 6.186% (1 mo. USD Term SOFR + 2.50%) | 6/3/2033 | 4,903,846 | 4,919,931 | ||||||||
| Total | 18,026,611 | |||||||||||
| Pipelines 0.12% | ||||||||||||
| Colossus Acquireco LLC 2026 Term Loan B | 5.37% (3 mo. USD Term SOFR + 1.75%) | 1/31/2033 | 6,087,410 | 6,075,266 | ||||||||
| Real Estate Investment Trusts 0.09% | ||||||||||||
| CyrusOne Holdco LLC Term Loan B | 7.738% (3 mo. USD Term SOFR + 4.00%) | 7/8/2033 | 4,634,000 | 4,522,019 | ||||||||
| Retail 0.17% | ||||||||||||
| Raising Cane’s Restaurants LLC 2026 Term Loan B | 5.651% (1 mo. USD Term SOFR + 2.00%) | 6/6/2033 | 8,712,000 | 8,668,440 | ||||||||
| Total Floating Rate Loans (cost $103,567,365) | 103,319,077 | |||||||||||
| FOREIGN GOVERNMENT OBLIGATIONS(e) 2.27% | ||||||||||||
| France 0.27% | ||||||||||||
| Agence Francaise de Developpement EPIC | 4.00% | 9/21/2027 | 13,800,000 | 13,731,153 | ||||||||
| Hungary 0.24% | ||||||||||||
| Hungary Government International Bonds | 5.25% | 6/16/2029 | 1,518,000 | 1,526,879 | ||||||||
| Hungary Government International Bonds | 5.375% | 9/26/2030 | 10,667,000 | 10,768,921 | ||||||||
| Total | 12,295,800 | |||||||||||
| Italy 0.18% | ||||||||||||
| Republic of Italy Government International Bonds† | 6.00% | 7/14/2056 | 9,432,000 | 9,047,645 | ||||||||
| See Notes to Schedule of Investments. | 51 |
Schedule of Investments (unaudited)(continued)
CORE PLUS BOND FUND August 31, 2026
| Investments | Interest Rate | Maturity Date | Principal Amount | Fair Value | ||||||||
| Japan 0.50% | ||||||||||||
| Development Bank of Japan, Inc. | 3.25% | 4/28/2027 | $ | 13,090,000 | $ | 13,017,932 | ||||||
| Japan Finance Organization for Municipalities | 1.375% | 2/10/2031 | 14,536,000 | 12,612,526 | ||||||||
| Total | 25,630,458 | |||||||||||
| Mexico 0.35% | ||||||||||||
| Eagle Funding Luxco SARL† | 5.50% | 8/17/2030 | 18,250,000 | 18,245,437 | ||||||||
| Panama 0.23% | ||||||||||||
| Panama Government International Bonds | 5.227% | 2/23/2034 | 12,262,000 | 11,869,003 | ||||||||
| Romania 0.20% | ||||||||||||
| Romania Government International Bonds† | 5.75% | 7/4/2036 | 3,436,000 | 3,238,739 | ||||||||
| Romania Government International Bonds† | 6.625% | 5/16/2036 | 7,066,000 | 7,079,956 | ||||||||
| Total | 10,318,695 | |||||||||||
| Trinidad And Tobago 0.11% | ||||||||||||
| Trinidad & Tobago Government International Bonds† | 6.20% | 7/16/2038 | 5,980,000 | 5,914,220 | ||||||||
| Uzbekistan 0.19% | ||||||||||||
| Republic of Uzbekistan International Bonds | 5.375% | 2/20/2029 | 1,135,000 | 1,135,911 | ||||||||
| Republic of Uzbekistan International Bonds | 7.85% | 10/12/2028 | 8,267,000 | 8,691,582 | ||||||||
| Total | 9,827,493 | |||||||||||
| Total Foreign Government Obligations (cost $117,916,450) | 116,879,904 | |||||||||||
| GOVERNMENT SPONSORED ENTERPRISES COLLATERALIZED MORTGAGE OBLIGATIONS 1.57% | ||||||||||||
| Federal Home Loan Mortgage Corp. Multifamily Structured Pass-Through Certificates Series K143 Class A2 | 2.35% | 3/25/2032 | 22,170,000 | 19,552,561 | ||||||||
| Federal Home Loan Mortgage Corp. Multifamily Structured Pass-Through Certificates Series K146 Class A2 | 2.92% | 6/25/2032 | 8,410,000 | 7,613,882 | ||||||||
| Federal Home Loan Mortgage Corp. Multifamily Structured Pass-Through Certificates Series K148 Class A2 | 3.50% | #(j) | 7/25/2032 | 7,500,000 | 6,992,795 | |||||||
| Federal Home Loan Mortgage Corp. Multifamily Structured Pass-Through Certificates Series K-161 Class A2 | 4.90% | #(j) | 10/25/2033 | 5,910,000 | 5,901,275 | |||||||
| Federal Home Loan Mortgage Corp. Multifamily Structured Pass-Through Certificates Series K543 Class A2 | 4.329% | #(j) | 6/25/2030 | 10,000,000 | 9,855,479 | |||||||
| 52 | See Notes to Schedule of Investments. |
Schedule of Investments (unaudited)(continued)
CORE PLUS BOND FUND August 31, 2026
| Investments | Interest Rate | Maturity Date | Principal Amount | Fair Value | ||||||||
| GOVERNMENT SPONSORED ENTERPRISES COLLATERALIZED MORTGAGE OBLIGATIONS (continued) | ||||||||||||
| Federal Home Loan Mortgage Corp. Multifamily Structured Pass-Through Certificates Series KG05 Class A2 | 2.00% | 1/25/2031 | $ | 8,841,000 | $ | 7,894,513 | ||||||
| Federal Home Loan Mortgage Corp. Multifamily Structured Pass-Through Certificates Series KG07 Class A2 | 3.123% | #(j) | 8/25/2032 | 3,496,000 | 3,203,269 | |||||||
| Federal Home Loan Mortgage Corp. Multifamily Structured Pass-Through Certificates Series KG08 Class A2 | 4.134% | #(j) | 5/25/2033 | 13,872,319 | 13,316,416 | |||||||
| FREMF Mortgage Trust Series K-169 Class A2 | 4.66% | #(j) | 12/25/2034 | 6,300,000 | 6,179,214 | |||||||
| Government National Mortgage Association Series 2017-76 Class AS | 2.65% | 11/16/2050 | 2,802 | 2,446 | ||||||||
| Total Government Sponsored Enterprises Collateralized Mortgage Obligations (cost $81,784,279) | 80,511,850 | |||||||||||
| GOVERNMENT SPONSORED ENTERPRISES PASS-THROUGHS 25.05% | ||||||||||||
| Federal Home Loan Mortgage Corp. | 2.50% | 6/1/2051 - 11/1/2051 | 6,831,617 | 5,593,132 | ||||||||
| Federal Home Loan Mortgage Corp. | 3.50% | 1/1/2035 - 9/1/2051 | 14,757,157 | 13,394,544 | ||||||||
| Federal Home Loan Mortgage Corp. | 5.00% | 7/1/2052 - 4/1/2054 | 7,273,001 | 7,097,072 | ||||||||
| Federal Home Loan Mortgage Corp. | 5.424% (30 day USD SOFR Average + 2.35%) | # | 9/1/2055 | 4,954,804 | 4,982,150 | |||||||
| Federal Home Loan Mortgage Corp. | 5.50% | 7/1/2054 - 11/1/2054 | 27,499,585 | 27,638,780 | ||||||||
| Federal Home Loan Mortgage Corp. | 6.00% | 2/1/2055 - 3/1/2056 | 27,554,208 | 28,142,649 | ||||||||
| Federal National Mortgage Association | 2.50% | 6/1/2051 - 3/1/2052 | 27,554,310 | 22,687,329 | ||||||||
| Federal National Mortgage Association | 3.00% | 4/1/2051 - 1/1/2052 | 18,046,120 | 15,575,407 | ||||||||
| Federal National Mortgage Association | 3.50% | 9/1/2051 - 6/1/2052 | 12,736,815 | 11,387,383 | ||||||||
| Federal National Mortgage Association | 4.00% | 8/1/2052 - 12/1/2053 | 23,173,384 | 21,316,115 | ||||||||
| Federal National Mortgage Association | 5.00% | 7/1/2052 - 8/1/2054 | 15,584,795 | 15,187,408 | ||||||||
| Federal National Mortgage Association | 5.461% (30 day USD SOFR Average + 2.31%) | # | 10/1/2055 | 17,698,425 | 17,860,311 | |||||||
| Federal National Mortgage Association | 5.50% | 10/1/2054 | 13,998,516 | 14,089,992 | ||||||||
| Federal National Mortgage Association | 6.00% | 10/1/2054 - 1/1/2055 | 7,800,101 | 8,038,338 | ||||||||
| See Notes to Schedule of Investments. | 53 |
Schedule of Investments (unaudited)(continued)
CORE PLUS BOND FUND August 31, 2026
| Investments | Interest Rate | Maturity Date | Principal Amount | Fair Value | ||||||||
| GOVERNMENT SPONSORED ENTERPRISES PASS-THROUGHS (continued) | ||||||||||||
| Federal National Mortgage Association | 6.053% (30 day USD SOFR Average + 2.33%) | # | 5/1/2055 | $ | 11,937,711 | $ | 12,179,074 | |||||
| Federal National Mortgage Association | 6.236% (30 day USD SOFR Average + 2.11%) | # | 11/1/2054 | 10,523,764 | 10,756,046 | |||||||
| Government National Mortgage Association(k) | 2.00% | TBA | 23,670,000 | 18,979,549 | ||||||||
| Government National Mortgage Association(k) | 2.50% | TBA | 25,593,000 | 21,379,186 | ||||||||
| Government National Mortgage Association(k) | 3.00% | TBA | 59,717,000 | 51,860,086 | ||||||||
| Government National Mortgage Association(k) | 4.50% | TBA | 53,397,000 | 49,956,011 | ||||||||
| Government National Mortgage Association(k) | 5.00% | TBA | 73,803,000 | 71,385,163 | ||||||||
| Government National Mortgage Association(k) | 5.50% | TBA | 29,458,000 | 29,210,561 | ||||||||
| Government National Mortgage Association(k) | 6.00% | TBA | 43,898,212 | 44,671,016 | ||||||||
| Uniform Mortgage-Backed Security(k) | 2.00% | TBA | 40,134,000 | 31,296,381 | ||||||||
| Uniform Mortgage-Backed Security(k) | 2.50% | TBA | 48,704,000 | 39,712,657 | ||||||||
| Uniform Mortgage-Backed Security(k) | 3.00% | TBA | 7,975,000 | 6,797,683 | ||||||||
| Uniform Mortgage-Backed Security(k) | 3.50% | TBA | 13,549,000 | 12,004,096 | ||||||||
| Uniform Mortgage-Backed Security(k) | 4.50% | TBA | 77,750,000 | 75,829,356 | ||||||||
| Uniform Mortgage-Backed Security(k) | 5.00% | TBA | 191,470,000 | 187,234,220 | ||||||||
| Uniform Mortgage-Backed Security(k) | 5.50% | TBA | 265,124,000 | 263,091,822 | ||||||||
| Uniform Mortgage-Backed Security(k) | 6.00% | TBA | 117,641,000 | 119,120,641 | ||||||||
| Uniform Mortgage-Backed Security(k) | 6.50% | TBA | 19,848,000 | 20,445,809 | ||||||||
| Uniform Mortgage-Backed Security(k) | 7.00% | TBA | 9,128,000 | 9,549,493 | ||||||||
| Total Government Sponsored Enterprises Pass-Throughs (cost $1,295,705,784) | 1,288,449,460 | |||||||||||
| NON-AGENCY COMMERCIAL MORTGAGE-BACKED SECURITIES 10.12% | ||||||||||||
| 1301 Trust Series 2025-1301 Class A† | 5.227% | #(j) | 8/11/2042 | 5,460,000 | 5,410,171 | |||||||
| ARES Commercial Mortgage Trust Series 2026-AZURE Class D† | 5.989% (1 mo. USD Term SOFR + 2.35%) | # | 3/15/2038 | 4,050,000 | 4,059,280 | |||||||
| Bank5 Series 2024-5YR8 Class A3 | 5.884% | 8/15/2057 | 3,771,000 | 3,838,849 | ||||||||
| Bayview Opportunity Master Fund VI Trust Series 2021-6 Class A2† | 2.50% | #(j) | 10/25/2051 | 4,756,430 | 3,823,627 | |||||||
| BBCMS Mortgage Trust Series 2025-5C33 Class A4 | 5.839% | 3/15/2058 | 2,600,000 | 2,656,530 | ||||||||
| Benchmark Mortgage Trust Series 2024-V12 Class A3 | 5.739% | 12/15/2057 | 3,850,000 | 3,914,743 | ||||||||
| Benchmark Mortgage Trust Series 2024-V7 Class A3 | 6.228% | #(j) | 5/15/2056 | 7,600,000 | 7,795,901 | |||||||
| Benchmark Mortgage Trust Series 2024-V9 Class A3 | 5.602% | 8/15/2057 | 12,360,000 | 12,500,531 | ||||||||
| 54 | See Notes to Schedule of Investments. |
Schedule of Investments (unaudited)(continued)
CORE PLUS BOND FUND August 31, 2026
| Investments | Interest Rate | Maturity Date | Principal Amount | Fair Value | ||||||||
| NON-AGENCY COMMERCIAL MORTGAGE-BACKED SECURITIES (continued) | ||||||||||||
| Benchmark Mortgage Trust Series 2025-V18 Class A3 | 5.184% | 10/15/2058 | $ | 8,180,000 | $ | 8,187,591 | ||||||
| BHMS Commercial Mortgage Trust Series 2025-ATLS Class A† | 5.489% (1 mo. USD Term SOFR + 1.85%) | # | 8/15/2042 | 6,140,000 | 6,165,614 | |||||||
| BMO Mortgage Trust Series 2023-C5 Class A4 | 5.494% | 6/15/2056 | 5,471,000 | 5,503,594 | ||||||||
| BMO Mortgage Trust Series 2024-5C5 Class A3 | 5.857% | 2/15/2057 | 10,545,000 | 10,727,496 | ||||||||
| BMO Mortgage Trust Series 2024-5C8 Class A3 | 5.625% | #(j) | 12/15/2057 | 10,080,000 | 10,202,770 | |||||||
| BX Commercial Mortgage Trust Series 2026-CSMO Class B† | 5.339% (1 mo. USD Term SOFR + 1.70%) | # | 2/15/2043 | 4,440,000 | 4,478,427 | |||||||
| BX Trust Series 2025-ROIC Class B† | 5.033% (1 mo. USD Term SOFR + 1.39%) | # | 3/15/2030 | 6,400,659 | 6,392,181 | |||||||
| BX Trust Series 2025-VOLT Class D† | 6.389% (1 mo. USD Term SOFR + 2.75%) | # | 12/15/2044 | 7,200,000 | 7,199,232 | |||||||
| CIM Trust Series 2021-INV1 Class A2† | 2.50% | #(j) | 7/1/2051 | 8,774,828 | 7,059,217 | |||||||
| CIM Trust Series 2021-J1 Class A1† | 2.50% | #(j) | 3/25/2051 | 4,385,852 | 3,543,239 | |||||||
| Citigroup Mortgage Loan Trust, Inc. Series 2022-INV1 Class A3B† | 3.00% | #(j) | 11/27/2051 | 2,733,862 | 2,289,150 | |||||||
| DBC Mortgage Trust Series 2025-DBC Class C† | 5.689% (1 mo. USD Term SOFR + 2.05%) | # | 11/15/2042 | 4,400,000 | 4,424,432 | |||||||
| Deephaven Residential Mortgage Trust Series 2025-INV1 Class A1† | 5.087% | #(j) | 11/25/2060 | 8,926,481 | 8,822,603 | |||||||
| ESTN Trust Series 2026-TOWN Class D† | 6.686% | #(j) | 5/12/2046 | 2,960,000 | 2,987,619 | |||||||
| Federal Home Loan Mortgage Corp. STACR REMICS Trust Series 2022-DNA1 Class M2† | 6.143% (30 day USD SOFR Average + 2.50%) | # | 1/25/2042 | 5,867,000 | 5,897,507 | |||||||
| Federal Home Loan Mortgage Corp. STACR REMICS Trust Series 2022-DNA2 Class M2† | 7.393% (30 day USD SOFR Average + 3.75%) | # | 2/25/2042 | 2,465,000 | 2,497,195 | |||||||
| Federal Home Loan Mortgage Corp. STACR REMICS Trust Series 2022-DNA3 Class M2† | 7.993% (30 day USD SOFR Average + 4.35%) | # | 4/25/2042 | 980,000 | 1,000,014 | |||||||
| See Notes to Schedule of Investments. | 55 |
Schedule of Investments (unaudited)(continued)
CORE PLUS BOND FUND August 31, 2026
| Investments | Interest Rate | Maturity Date | Principal Amount | Fair Value | ||||||||
| NON-AGENCY COMMERCIAL MORTGAGE-BACKED SECURITIES (continued) | ||||||||||||
| Federal Home Loan Mortgage Corp. STACR REMICS Trust Series 2022-HQA1 Class M2† | 8.893% (30 day USD SOFR Average + 5.25%) | # | 3/25/2042 | $ | 5,071,000 | $ | 5,182,799 | |||||
| Federal Home Loan Mortgage Corp. STACR REMICS Trust Series 2023-HQA1 Class M1B† | 7.143% (30 day USD SOFR Average + 3.50%) | # | 5/25/2043 | 11,800,000 | 12,227,722 | |||||||
| Federal Home Loan Mortgage Corp. STACR REMICS Trust Series 2024-DNA2 Class M1† | 4.843% (30 day USD SOFR Average + 1.20%) | # | 5/25/2044 | 1,907,553 | 1,908,174 | |||||||
| Federal Home Loan Mortgage Corp. STACR REMICS Trust Series 2024-HQA1 Class A1† | 4.893% (30 day USD SOFR Average + 1.25%) | # | 3/25/2044 | 3,725,375 | 3,728,751 | |||||||
| Federal National Mortgage Association Connecticut Avenue Securities Trust Series 2023-R03 Class 2M2† | 7.543% (30 day USD SOFR Average + 3.90%) | # | 4/25/2043 | 7,100,000 | 7,373,990 | |||||||
| Federal National Mortgage Association Connecticut Avenue Securities Trust Series 2025-R06 Class 1A1† | 4.543% (30 day USD SOFR Average + 0.90%) | # | 9/25/2045 | 2,234,861 | 2,233,034 | |||||||
| Federal National Mortgage Association Connecticut Avenue Securities Trust Series 2026-R04 Class 2A1† | 4.543% (30 day USD SOFR Average + 0.90%) | # | 7/25/2046 | 10,269,191 | 10,267,866 | |||||||
| Federal National Mortgage Association-ACES Series 2025-M4 Class A2 | 4.389% | 8/25/2035 | 13,990,000 | 13,415,808 | ||||||||
| Flagstar Mortgage Trust Series 2021-11IN Class A2† | 3.00% | #(j) | 11/25/2051 | 6,476,917 | 5,423,330 | |||||||
| Flagstar Mortgage Trust Series 2021-12 Class A2† | 2.50% | #(j) | 11/25/2051 | 2,412,810 | 1,950,222 | |||||||
| Flagstar Mortgage Trust Series 2021-4 Class A1† | 2.50% | #(j) | 6/1/2051 | 15,918,016 | 12,835,997 | |||||||
| Flagstar Mortgage Trust Series 2021-7 Class A1† | 2.50% | #(j) | 8/25/2051 | 10,089,448 | 8,170,192 | |||||||
| GS Mortgage Securities Corp. Trust Series 2024-RVR Class A† | 5.372% | #(j) | 8/10/2041 | 4,670,000 | 4,639,563 | |||||||
| GS Mortgage-Backed Securities Trust Series 2021-MM1 Class A2† | 2.50% | #(j) | 4/25/2052 | 12,168,168 | 9,819,525 | |||||||
| GS Mortgage-Backed Securities Trust Series 2021-PJ2 Class A2† | 2.50% | #(j) | 7/25/2051 | 1,667,454 | 1,347,767 | |||||||
| 56 | See Notes to Schedule of Investments. |
Schedule of Investments (unaudited)(continued)
CORE PLUS BOND FUND August 31, 2026
| Investments | Interest Rate | Maturity Date | Principal Amount | Fair Value | ||||||||
| NON-AGENCY COMMERCIAL MORTGAGE-BACKED SECURITIES (continued) | ||||||||||||
| GS Mortgage-Backed Securities Trust Series 2022-PJ3 Class A4† | 2.50% | #(j) | 8/25/2052 | $ | 5,553,044 | $ | 4,488,406 | |||||
| GS Mortgage-Backed Securities Trust Series 2022-PJ6 Class A3† | 2.50% | #(j) | 1/25/2053 | 3,486,636 | 2,807,034 | |||||||
| GS Mortgage-Backed Securities Trust Series 2022-PJ6 Class A4† | 3.00% | #(j) | 1/25/2053 | 9,234,977 | 7,766,855 | |||||||
| GS Mortgage-Backed Securities Trust Series 2026-NQM2 Class AFCF† | 4.95% | (a) | 5/25/2066 | 7,454,378 | 7,366,579 | |||||||
| JP Morgan Chase Commercial Mortgage Securities Trust Series 2014-DSTY Class D† | 3.931% | #(j) | 6/10/2027 | 100,000 | 750 | |||||||
| JP Morgan Mortgage Trust Series 2021-14 Class A3† | 2.50% | #(j) | 5/25/2052 | 687,626 | 556,205 | |||||||
| JP Morgan Mortgage Trust Series 2021-15 Class A2† | 3.00% | #(j) | 6/25/2052 | 4,987,413 | 4,198,526 | |||||||
| JP Morgan Mortgage Trust Series 2021-4 Class A3† | 2.50% | #(j) | 8/25/2051 | 4,831,367 | 3,910,878 | |||||||
| JP Morgan Mortgage Trust Series 2021-8 Class A3† | 2.50% | #(j) | 12/25/2051 | 7,001,050 | 5,658,798 | |||||||
| JP Morgan Mortgage Trust Series 2021-INV6 Class A2† | 3.00% | #(j) | 4/25/2052 | 12,287,253 | 10,288,510 | |||||||
| JP Morgan Mortgage Trust Series 2021-INV8 Class A2† | 3.00% | #(j) | 5/25/2052 | 6,924,927 | 5,798,463 | |||||||
| JP Morgan Mortgage Trust Series 2022-1 Class A2† | 3.00% | #(j) | 7/25/2052 | 5,296,924 | 4,448,505 | |||||||
| JP Morgan Mortgage Trust Series 2022-1 Class A3† | 2.50% | #(j) | 7/25/2052 | 1,638,486 | 1,318,137 | |||||||
| JP Morgan Mortgage Trust Series 2022-3 Class A2† | 3.00% | #(j) | 8/25/2052 | 3,882,665 | 3,270,461 | |||||||
| JP Morgan Mortgage Trust Series 2022-4 Class A2A† | 3.00% | #(j) | 10/25/2052 | 2,292,682 | 1,928,319 | |||||||
| JP Morgan Mortgage Trust Series 2022-INV1 Class A3† | 3.00% | #(j) | 3/25/2052 | 21,195,464 | 17,747,640 | |||||||
| JP Morgan Mortgage Trust Series 2022-INV3 Class A3B† | 3.00% | #(j) | 9/25/2052 | 5,870,850 | 4,956,292 | |||||||
| JP Morgan Mortgage Trust Series 2025-DSC1 Class A1† | 5.577% | #(j) | 9/25/2065 | 7,672,059 | 7,645,264 | |||||||
| JP Morgan Mortgage Trust Series 2025-VIS3 Class A1† | 5.062% | #(j) | 2/25/2066 | 3,388,476 | 3,344,084 | |||||||
| JP Morgan Mortgage Trust Series 2026-NQM2 Class A1FC† | 5.05% | (a) | 9/25/2066 | 7,358,446 | 7,292,787 | |||||||
| KIND Commercial Mortgage Trust Series 2024-1 Class A† | 5.529% (1 mo. USD Term SOFR + 1.89% | )# | 8/15/2041 | 2,670,000 | 2,675,093 | |||||||
| See Notes to Schedule of Investments. | 57 |
Schedule of Investments (unaudited)(continued)
CORE PLUS BOND FUND August 31, 2026
| Investments | Interest Rate | Maturity Date | Principal Amount | Fair Value | ||||||||
| NON-AGENCY COMMERCIAL MORTGAGE-BACKED SECURITIES (continued) | ||||||||||||
| LoanCore Issuer Ltd. Series 2025-CRE8 Class A† | 5.024% (1 mo. USD Term SOFR + 1.39%) | # | 8/17/2042 | $ | 8,540,000 | $ | 8,548,092 | |||||
| Morgan Stanley BAML Trust Series 2025-5C1 Class A3 | 5.635% | 3/15/2058 | 5,820,000 | 5,906,795 | ||||||||
| Morgan Stanley Residential Mortgage Loan Trust Series 2025-DSC3 Class A1† | 4.912% | #(j) | 9/25/2070 | 2,916,634 | 2,868,246 | |||||||
| Morgan Stanley Residential Mortgage Loan Trust Series 2026-DSC1 Class A1FC† | 4.617% | (a) | 1/25/2071 | 3,902,842 | 3,854,285 | |||||||
| New Residential Mortgage Loan Trust Series 2025-NQM3 Class A1† | 5.53% | #(j) | 5/25/2065 | 3,569,178 | 3,550,884 | |||||||
| NYC Commercial Mortgage Trust Series 2026-1PARK Class D† | 5.939% (1 mo. USD Term SOFR + 2.30%) | # | 2/15/2043 | 2,150,000 | 2,157,137 | |||||||
| NYMT Loan Trust Series 2025-INV2 Class A1† | 5.00% | #(j) | 10/25/2060 | 8,517,959 | 8,413,685 | |||||||
| NYO Commercial Mortgage Trust Series 2021-1290 Class A† | 4.85% (1 mo. USD Term SOFR + 1.21%) | # | 11/15/2038 | 12,800,000 | 12,802,345 | |||||||
| OBX Trust Series 2021-J2 Class A1† | 2.50% | #(j) | 7/25/2051 | 3,952,516 | 3,192,366 | |||||||
| OBX Trust Series 2025-NQM15 Class A1† | 5.143% | #(j) | 7/27/2065 | 9,641,584 | 9,578,267 | |||||||
| OBX Trust Series 2025-NQM16 Class A1† | 4.905% | #(j) | 8/25/2065 | 2,735,251 | 2,701,993 | |||||||
| OBX Trust Series 2025-NQM20 Class A1† | 5.021% | #(j) | 10/25/2065 | 2,793,746 | 2,761,562 | |||||||
| OBX Trust Series 2026-NQM6 Class A1FC† | 5.063% | (a) | 4/26/2066 | 5,700,898 | 5,658,252 | |||||||
| OBX Trust Series 2026-NQM7 Class A1FC† | 5.22% | (a) | 4/25/2066 | 3,698,418 | 3,677,045 | |||||||
| PSA Trust Series 2026-STOR Class B† | 5.856% | #(j) | 8/15/2031 | 4,150,000 | 4,157,988 | |||||||
| Rate Mortgage Trust Series 2021-HB1 Class A1† | 2.50% | #(j) | 12/25/2051 | 6,650,449 | 5,366,784 | |||||||
| RCKT Mortgage Trust Series 2021-4 Class A1† | 2.50% | #(j) | 9/25/2051 | 8,124,789 | 6,607,649 | |||||||
| RCKT Mortgage Trust Series 2021-5 Class A1† | 2.50% | #(j) | 11/25/2051 | 5,788,719 | 4,671,385 | |||||||
| RIDE Series 2025-SHRE Class A† | 5.619% | #(j) | 2/14/2047 | 14,710,000 | 14,766,798 | |||||||
| ROCK Trust Series 2024-CNTR Class A† | 5.388% | 11/13/2041 | 4,380,000 | 4,397,788 | ||||||||
| SG Commercial Mortgage Securities Trust Series 2019-787E Class X†(l) | 0.456% | #(j) | 2/15/2041 | 1,217,000 | 8,471 | |||||||
| Starwood Mortgage Residential Trust Series 2020-1 Class A1† | 2.275% | #(j) | 2/25/2050 | 3,248 | 3,134 | |||||||
| SWCH Commercial Mortgage Trust Series 2025-DATA Class A† | 5.082% (1 mo. USD Term SOFR + 1.44%) | # | 2/15/2042 | 6,500,000 | 6,455,698 | |||||||
| SWCH Commercial Mortgage Trust Series 2025-DATA Class D† | 6.28% (1 mo. USD Term SOFR + 2.64%) | # | 2/15/2042 | 7,020,000 | 6,960,770 | |||||||
| 58 | See Notes to Schedule of Investments. |
Schedule of Investments (unaudited)(continued)
CORE PLUS BOND FUND August 31, 2026
| Investments | Interest Rate | Maturity Date | Principal Amount | Fair Value | ||||||||
| NON-AGENCY COMMERCIAL MORTGAGE-BACKED SECURITIES (continued) | ||||||||||||
| TEXAS Commercial Mortgage Trust Series 2025-TWR Class D† | 6.73% (1 mo. USD Term SOFR + 3.09%) | # | 4/15/2042 | $ | 4,700,000 | $ | 4,725,298 | |||||
| Verus Securitization Trust Series 2025-12 Class A1FC† | 4.858% | (a) | 12/25/2070 | 1,480,020 | 1,466,877 | |||||||
| Verus Securitization Trust Series 2026-1 Class A1FC† | 4.743% | (a) | 1/25/2071 | 2,206,180 | 2,182,526 | |||||||
| Verus Securitization Trust Series 2026-3 Class A1FC† | 4.927% | (a) | 3/25/2071 | 6,179,620 | 6,123,178 | |||||||
| Verus Securitization Trust Series 2026-R3 Class A1FC† | 5.19% | (a) | 2/27/2068 | 1,163,083 | 1,157,188 | |||||||
| Wells Fargo Commercial Mortgage Trust Series 2021-C61 Class A4 | 2.658% | 11/15/2054 | 7,000,000 | 6,180,924 | ||||||||
| Wells Fargo Commercial Mortgage Trust Series 2025-5C3 Class A3 | 6.096% | 1/15/2058 | 18,700,000 | 19,214,033 | ||||||||
| Wells Fargo Mortgage-Backed Securities Trust Series 2022-2 Class A2† | 2.50% | #(j) | 12/25/2051 | 1,275,134 | 1,029,072 | |||||||
| Total Non-Agency Commercial Mortgage-Backed Securities (cost $529,473,860) | 520,516,354 | |||||||||||
| U.S. TREASURY OBLIGATIONS 16.61% | ||||||||||||
| U.S. Treasury Bonds | 4.75% | 2/15/2045 | 106,492,000 | 100,528,865 | ||||||||
| U.S. Treasury Bonds | 4.75% | 11/15/2053 | 114,734,000 | 106,093,096 | ||||||||
| U.S. Treasury Bonds | 4.75% | 5/15/2055 | 109,567,000 | 101,362,315 | ||||||||
| U.S. Treasury Bonds | 4.75% | 2/15/2056 | 104,056,000 | 96,365,611 | ||||||||
| U.S. Treasury Bonds | 4.875% | 8/15/2045 | 73,236,000 | 70,089,141 | ||||||||
| U.S. Treasury Bonds | 5.00% | 5/15/2046 | 186,832,000 | 181,358,405 | ||||||||
| U.S. Treasury Inflation-Indexed Notes(m) | 0.125% | 4/15/2027 | 53,704,114 | 52,863,253 | ||||||||
| U.S. Treasury Notes | 4.125% | 5/31/2031 | 148,404,000 | 146,090,984 | ||||||||
| Total U.S. Treasury Obligations (cost $881,371,828) | 854,751,670 | |||||||||||
| Total Long-Term Investments (cost $6,143,339,955) | 6,075,104,611 | |||||||||||
| SHORT-TERM INVESTMENTS 2.82% | ||||||||||||
| U.S. TREASURY OBLIGATIONS 0.75% | ||||||||||||
| U.S. Treasury Bills (Cost $38,514,263) | Zero Coupon | 10/20/2026 | 38,714,000 | 38,518,176 | ||||||||
| REPURCHASE AGREEMENTS 0.95% | ||||||||||||
| Repurchase Agreement dated 8/31/2026, 3.250% due 9/1/2026 with Fixed Income Clearing Corp. collateralized by $32,249,600 of U.S. Treasury Inflation Indexed Note at 0.125% due 4/15/2027; value: $37,555,427; proceeds: $36,822,338 (cost $36,819,014) | 36,819,014 | 36,819,014 | ||||||||||
| See Notes to Schedule of Investments. | 59 |
Schedule of Investments (unaudited)(continued)
CORE PLUS BOND FUND August 31, 2026
| Investments | Principal Amount | Fair Value | ||||||
| REPURCHASE AGREEMENTS (continued) | ||||||||
| Repurchase Agreement dated 8/31/2026, 3.670% due 9/1/2026 with JPMorgan Securities LLC collateralized by $12,292,000 of U.S. Treasury Bond at 4.375% due 5/15/2034; value: $12,244,898; proceeds: $12,001,223 (cost $12,000,000) | $ | 12,000,000 | $ | 12,000,000 | ||||
| Total Repurchase Agreements (cost $48,819,014) | 48,819,014 | |||||||
| TIME DEPOSITS 0.11% | ||||||||
| CitiBank N.A.(n) (cost $5,763,409) | 5,763,409 | 5,763,409 | ||||||
| Shares | ||||||||
| MONEY MARKET FUNDS 1.01% | ||||||||
| Fidelity Government Portfolio(n) (cost $51,870,679) | 51,870,679 | 51,870,679 | ||||||
| Total Short-Term Investments (cost $144,967,365) | 144,971,278 | |||||||
| Total Investments in Securities 120.91% (cost $6,288,307,320) | 6,220,075,889 | |||||||
| Other Assets and Liabilities – Net (20.91)% | (1,075,511,167 | ) | ||||||
| Net Assets 100.00% | $ | 5,144,564,722 | ||||||
| CMT | Constant Maturity Rate. | |
| ICE | Intercontinental Exchange. | |
| REITS | Real Estate Investment Trusts. | |
| REMICS | Real Estate Mortgage Investment Conduits. | |
| SOFR | Secured Overnight Financing Rate. | |
| STACR | Structured Agency Credit Risk. | |
| † | Security was purchased pursuant to Rule 144A under the Securities Act of 1933 and, unless registered under such Act or exempted from registration, may only be resold to qualified institutional buyers. At August 31, 2026, the total value of Rule 144A securities was $2,437,131,364, which represents 47.37% of net assets. | |
| # | Variable rate security. The interest rate represents the rate in effect at August 31, 2026. | |
| (a) | Step Bond – Security with a predetermined schedule of interest rate changes. | |
| (b) | Level 3 Investment as described in Note 2(a) in the Notes to Schedule of Investments. Security fair valued by the Pricing Committee. | |
| (c) | Securities purchased on a when-issued basis. | |
| (d) | Interest rate to be determined. | |
| (e) | Foreign security traded in U.S. dollars. | |
| (f) | All or a portion of this security is temporarily on loan to unaffiliated broker/dealers. | |
| (g) | Security is perpetual in nature and has no stated maturity. | |
| (h) | Variable Rate is Fixed to Float: Rate remains fixed or at Zero Coupon until designated future date. | |
| (i) | Floating Rate Loans in which the Fund invests generally pay interest at rates which are periodically re-determined at a margin above the SOFR or the prime rate offered by major U.S. banks. The rate(s) shown is the rate(s) in effect at August 31, 2026. | |
| (j) | Interest rate is based on the weighted average interest rates of the underlying mortgages within the mortgage pool. | |
| (k) | To-be-announced (“TBA”). Security purchased on a forward commitment basis with an approximate principal and maturity date. Actual principal and maturity will be determined upon settlement when the specific mortgage pools are assigned. | |
| (l) | Interest-only security. The principal amount shown is a notional amount representing the outstanding principal of the underlying debt obligation(s). Holders of interest-only securities do not receive principal payments on the underlying debt obligation(s). |
| 60 | See Notes to Schedule of Investments. |
Schedule of Investments (unaudited)(concluded)
CORE PLUS BOND FUND August 31, 2026
| (m) | Treasury Inflation Protected Security. A U.S. Treasury Note or Bond that offers protection from inflation by paying a fixed rate of interest on a principal amount that is adjusted for inflation based on the Consumer Price Index. | |
| (n) | Security was purchased with the cash collateral from loaned securities. |
Futures Contracts at August 31, 2026:
| Type | Expiration | Contracts | Position | Notional Amount | Notional Value | Unrealized Appreciation |
|||||||
| U.S. 5-Year Treasury Note | December 2026 | 691 | Short | $(73,366,036) | $(73,040,859) | $325,177 |
| Type | Expiration | Contracts | Position | Notional Amount | Notional Value | Unrealized Depreciation |
|||||||
| U.S. 2-Year Treasury Note | December 2026 | 1,554 | Long | $319,761,427 | $318,934,220 | $(827,207 | ) |
The following is a summary of the inputs used as of August 31, 2026 in valuing the Fund’s investments carried at fair value(1):
| Investment Type(2) | Level 1 | Level 2 | Level 3 | Total | ||||||||||||
| Long-Term Investments | ||||||||||||||||
| Asset-Backed Securities | ||||||||||||||||
| Credit Card | $ | – | $ | 60,116,166 | $ | 6,706,030 | $ | 66,822,196 | ||||||||
| Remaining Industries | – | 729,192,796 | – | 729,192,796 | ||||||||||||
| Corporate Bonds | – | 2,314,661,304 | – | 2,314,661,304 | ||||||||||||
| Floating Rate Loans | – | 103,319,077 | – | 103,319,077 | ||||||||||||
| Foreign Government Obligations | – | 116,879,904 | – | 116,879,904 | ||||||||||||
| Government Sponsored Enterprises | ||||||||||||||||
| Collateralized Mortgage Obligations | – | 80,511,850 | – | 80,511,850 | ||||||||||||
| Government Sponsored Enterprises Pass-Throughs | – | 1,288,449,460 | – | 1,288,449,460 | ||||||||||||
| Non-Agency Commercial Mortgage-Backed Securities | – | 520,516,354 | – | 520,516,354 | ||||||||||||
| U.S. Treasury Obligations | – | 854,751,670 | – | 854,751,670 | ||||||||||||
| Short-Term Investments | ||||||||||||||||
| U.S. Treasury Obligations | – | 38,518,176 | – | 38,518,176 | ||||||||||||
| Repurchase Agreements | – | 48,819,014 | – | 48,819,014 | ||||||||||||
| Time Deposits | – | 5,763,409 | – | 5,763,409 | ||||||||||||
| Money Market Funds | 51,870,679 | – | – | 51,870,679 | ||||||||||||
| Total | $ | 51,870,679 | $ | 6,161,499,180 | $ | 6,706,030 | $ | 6,220,075,889 | ||||||||
| Other Financial Instruments | ||||||||||||||||
| Futures Contracts | ||||||||||||||||
| Assets | $ | 325,177 | $ | – | $ | – | $ | 325,177 | ||||||||
| Liabilities | (827,207 | ) | – | – | (827,207 | ) | ||||||||||
| Total | $ | (502,030 | ) | $ | – | $ | – | $ | (502,030 | ) | ||||||
| (1) | Refer to Note 2(a) for a description of fair value measurements and the three-tier hierarchy of inputs. | |
| (2) | See Schedule of Investments for fair values in each industry and identification of foreign issuers and/or geography. The table above is presented by Investment Type. When applicable, each Level 3 security is identified on the Schedule of Investments along with the valuation technique utilized. |
A reconciliation of Level 3 investments is presented when the Fund has a material amount of Level 3 investments at the beginning or end of the period in relation to the Fund’s net assets. Management has determined not to provide a reconciliation and a summary of unobservable inputs as the balance of Level 3 investments was not considered to be material to the Fund’s net assets at the beginning or end of the period.
| See Notes to Schedule of Investments. | 61 |
Schedule of Investments (unaudited)
FLOATING RATE FUND August 31, 2026
| Investments | Interest Rate | Maturity Date | Principal Amount‡ | Fair Value | ||||||||
| LONG-TERM INVESTMENTS 94.15% | ||||||||||||
| ASSET-BACKED SECURITIES 0.60% | ||||||||||||
| Other 0.60% | ||||||||||||
| Arini U.S. CLO III Ltd. Series 3A Class D† | 6.653% (3 mo. USD Term SOFR + 2.90%) | # | 1/15/2039 | $ | 4,480,000 | $ | 4,486,675 | |||||
| Atlantic Avenue Ltd. Series 2023-1A Class D1R† | 7.053% (3 mo. USD Term SOFR + 3.30%) | # | 1/15/2039 | 6,110,000 | 6,144,919 | |||||||
| Ballyrock CLO 28 Ltd. Series 2024-28A Class C1† | 6.529% (3 mo. USD Term SOFR + 2.80%) | # | 1/20/2038 | 7,000,000 | 7,013,111 | |||||||
| Harvest U.S. CLO Ltd. Series 2025-2A Class D1† | 7.20% (3 mo. USD Term SOFR + 3.45%) | # | 7/17/2038 | 2,000,000 | 2,012,288 | |||||||
| Obra CLO 4 Ltd. Series 2026-4A Class D† | 6.905% (3 mo. USD Term SOFR + 3.30%) | # | 7/20/2039 | 4,000,000 | 4,043,560 | |||||||
| Ocean Trails CLO XV Ltd. Series 2024-15A Class D1R† | 7.003% (3 mo. USD Term SOFR + 3.25%) | # | 1/15/2039 | 2,000,000 | 2,006,172 | |||||||
| Symetra CLO Ltd. Series 2026-1A Class E†(a) | – | (b) | 10/20/2039 | 1,900,000 | 1,909,367 | |||||||
| Total Asset-Backed Securities (cost $27,510,000) | 27,616,092 | |||||||||||
| Shares | ||||||||||||
| COMMON STOCKS 1.82% | ||||||||||||
| Aerospace & Defense 1.32% | ||||||||||||
| DCP Holdings PLC* | 1,446,948 | 60,713,938 | ||||||||||
| Health Care Providers & Services 0.19% | ||||||||||||
| Recovery Solutions LLC* | 377,697 | 8,592,602 | ||||||||||
| Hotels, Restaurants & Leisure 0.05% | ||||||||||||
| GPS Hospitality Operating Co. LLC/GPS New Finco, Inc.* | 147,627 | 147,627 | (c) | |||||||||
| United FP Holdings LLC* | 105,489 | 1,951,547 | (d) | |||||||||
| Total | 2,099,174 | |||||||||||
| Miscellaneous Financials 0.20% | ||||||||||||
| Utex Industries* | 297,535 | 9,223,585 | ||||||||||
| Personal Care Products 0.01% | ||||||||||||
| Anastasia Parent LLC* | 79,014 | 632,112 | ||||||||||
| Transportation Infrastructure 0.05% | ||||||||||||
| ACBL Holdings Corp.* | 60,887 | 2,131,045 | ||||||||||
| Total Common Stocks (cost $30,885,492) | 83,392,456 | |||||||||||
| 62 | See Notes to Schedule of Investments. |
Schedule of Investments (unaudited)(continued)
FLOATING RATE FUND August 31, 2026
| Investments | Interest Rate | Maturity Date | Principal Amount‡ | Fair Value | ||||||||
| CORPORATE BONDS 9.89% | ||||||||||||
| Aerospace/Defense 0.09% | ||||||||||||
| TransDigm, Inc.† | 6.125% | 7/31/2034 | $ | 4,285,000 | $ | 4,240,970 | ||||||
| Airlines 0.55% | ||||||||||||
| VistaJet Malta Finance PLC/Vista Management Holding, Inc. (Malta)†(e) | 6.375% | 2/1/2030 | 12,964,000 | 12,536,766 | ||||||||
| WestJet An Alberta Partnership (Canada)†(e)(f) | 8.00% | 2/14/2031 | 13,152,730 | 12,668,408 | ||||||||
| Total | 25,205,174 | |||||||||||
| Banks 0.23% | ||||||||||||
| Western Alliance Bancorp | 5.918% (3 mo. USD Term SOFR + 2.25%) | # | 6/15/2031 | 10,964,000 | 10,710,830 | |||||||
| Biotechnology 0.18% | ||||||||||||
| Genmab AS/Genmab Finance LLC (Denmark)†(e) | 6.25% | 12/15/2032 | 8,270,000 | 8,396,812 | ||||||||
| Building Materials 0.37% | ||||||||||||
| ACProducts Holdings, Inc.† | 6.375% | 5/15/2032 | 7,065,000 | 2,649,375 | ||||||||
| Griffon Corp.† | 6.25% | 10/1/2034 | 14,087,000 | 14,141,859 | ||||||||
| Total | 16,791,234 | |||||||||||
| Chemicals 0.35% | ||||||||||||
| Advancion Sciences, Inc.† | 9.25% | 11/1/2026 | 13,035,579 | 10,493,641 | ||||||||
| Celanese U.S. Holdings LLC | 7.00% | 2/15/2031 | 5,319,000 | 5,470,214 | ||||||||
| Total | 15,963,855 | |||||||||||
| Commercial Services 0.24% | ||||||||||||
| Albion Financing 1 SARL/Aggreko Holdings, Inc. (Luxembourg)†(e) | 7.00% | 5/21/2030 | 7,041,000 | 7,285,499 | ||||||||
| CompoSecure Holdings LLC† | 5.625% | 2/1/2033 | 3,762,000 | 3,646,770 | ||||||||
| Total | 10,932,269 | |||||||||||
| Diversified Financial Services 0.77% | ||||||||||||
| Jane Street Group/JSG Finance, Inc.† | 7.294% | 8/13/2031 | 16,449,000 | 16,839,664 | ||||||||
| Jefferson Capital Holdings LLC† | 8.25% | 5/15/2030 | 4,728,000 | 4,953,554 | ||||||||
| LFS Topco LLC†(f) | 8.75% | 7/15/2030 | 8,711,000 | 8,759,886 | ||||||||
| PRA Group, Inc.† | 5.00% | 10/1/2029 | 5,138,000 | 4,935,441 | ||||||||
| Total | 35,488,545 | |||||||||||
| Electric 0.81% | ||||||||||||
| Alpha Generation LLC† | 6.25% | 1/15/2034 | 10,718,000 | 10,509,369 | ||||||||
| NRG Energy, Inc.† | 5.875% | 5/15/2034 | 18,878,000 | 18,414,209 | ||||||||
| Talen Energy Supply LLC† | 6.25% | 2/1/2034 | 8,453,000 | 8,304,392 | ||||||||
| Total | 37,227,970 | |||||||||||
| See Notes to Schedule of Investments. | 63 |
Schedule of Investments (unaudited)(continued)
FLOATING RATE FUND August 31, 2026
| Investments | Interest Rate | Maturity Date | Principal Amount‡ | Fair Value | ||||||||
| Entertainment 0.61% | ||||||||||||
| Mohegan Tribal Gaming Authority/MS Digital Entertainment Holdings LLC† | 11.875% | 4/15/2031 | $ | 8,215,000 | $ | 8,935,809 | ||||||
| Six Flags Entertainment Corp./Canada’s Wonderland Co./Millennium Operations LLC†(f) | 8.625% | 1/15/2032 | 8,731,000 | 8,858,560 | ||||||||
| Voyager Parent LLC† | 9.25% | 7/1/2032 | 9,392,000 | 10,062,720 | ||||||||
| Total | 27,857,089 | |||||||||||
| Food 0.11% | ||||||||||||
| C&S Group Enterprises LLC†(f) | 5.00% | 12/15/2028 | 5,210,000 | 4,841,094 | ||||||||
| Forest Products & Paper 0.20% | ||||||||||||
| Magnera Corp.†(f) | 7.25% | 11/15/2031 | 9,255,000 | 9,105,854 | ||||||||
| Hand/Machine Tools 0.20% | ||||||||||||
| IMA Industria Macchine Automatiche SpA† | 6.181% (3 mo. EURIBOR + 3.75%) | # | 4/15/2029 | EUR | 2,771,000 | 3,237,097 | ||||||
| IMA Industria Macchine Automatiche SpA | 6.181% (3 mo. EURIBOR + 3.75%) | # | 4/15/2029 | EUR | 5,260,000 | 6,144,761 | ||||||
| Total | 9,381,858 | |||||||||||
| Insurance 0.14% | ||||||||||||
| CRC Insurance Group LLC† | 7.125% | 6/1/2031 | $ | 6,594,000 | 6,600,001 | |||||||
| Internet 0.19% | ||||||||||||
| Arches Buyer, Inc.† | 6.125% | 12/1/2028 | 8,969,000 | 8,879,165 | ||||||||
| Leisure Time 0.15% | ||||||||||||
| Deuce Finco PLC† | 5.901% (3 mo. EURIBOR + 3.50%) | # | 11/20/2032 | EUR | 5,750,000 | 6,724,290 | ||||||
| Lodging 0.28% | ||||||||||||
| Genting New York LLC/GENNY Capital, Inc.† | 7.25% | 10/1/2029 | $ | 12,300,000 | 12,631,467 | |||||||
| Machinery-Diversified 0.46% | ||||||||||||
| Columbus McKinnon Corp.†(f) | 7.125% | 2/1/2033 | 1,774,000 | 1,796,149 | ||||||||
| King U.S. Bidco, Inc.† | 5.681% (3 mo. EURIBOR + 3.25%) | # | 12/1/2032 | EUR | 4,318,000 | 5,052,785 | ||||||
| Lsf12 Helix Parent LLC†(f) | 7.125% | 2/1/2033 | $ | 14,076,000 | 14,116,792 | |||||||
| Total | 20,965,726 | |||||||||||
| Media 0.53% | ||||||||||||
| AMC Global Media, Inc. | 4.25% | 2/15/2029 | 3,753,000 | 3,485,549 | ||||||||
| CSC Holdings LLC† | 4.50% | 11/15/2031 | 22,470,000 | 11,796,750 | ||||||||
| DISH DBS Corp.(g) | 7.375% | 7/1/2028 | 4,743,000 | 4,675,175 | ||||||||
| Space Exploration Technologies Corp.† | 5.35% | 7/15/2031 | 4,517,000 | 4,416,801 | ||||||||
| Total | 24,374,275 | |||||||||||
| 64 | See Notes to Schedule of Investments. |
Schedule of Investments (unaudited)(continued)
FLOATING RATE FUND August 31, 2026
| Investments | Interest Rate | Maturity Date | Principal Amount‡ | Fair Value | ||||||||
| Mining 0.00% | ||||||||||||
| Mirabela Nickel Ltd.(h) | Zero Coupon | – | $ | 50,500 | $ | – | ||||||
| Miscellaneous Manufacturing 0.21% | ||||||||||||
| CTEC II GmbH | 5.25% | 2/15/2030 | EUR | 7,055,000 | 7,981,868 | |||||||
| Hillenbrand, Inc. | 6.25% | 2/15/2029 | $ | 1,838,000 | 1,825,272 | |||||||
| Total | 9,807,140 | |||||||||||
| Oil & Gas 0.20% | ||||||||||||
| Borr IHC Ltd./Borr Finance LLC† | 8.75% | 1/15/2032 | 5,079,000 | 4,935,947 | ||||||||
| Caturus Energy LLC† | 7.125% | 5/15/2031 | 4,298,000 | 4,308,973 | ||||||||
| Total | 9,244,920 | |||||||||||
| Oil & Gas Services 0.20% | ||||||||||||
| WBI Operating LLC† | 6.50% | 10/15/2033 | 8,943,000 | 8,975,597 | ||||||||
| Pipelines 0.25% | ||||||||||||
| Delek Logistics Partners LP/Delek Logistics Finance Corp.† | 6.875% | 6/1/2034 | 4,711,000 | 4,754,025 | ||||||||
| Genesis Energy LP/Genesis Energy Finance Corp. | 6.75% | 3/15/2034 | 4,413,000 | 4,444,496 | ||||||||
| Harvest Midstream I LP† | 6.75% | 5/15/2034 | 2,220,000 | 2,253,577 | ||||||||
| Total | 11,452,098 | |||||||||||
| Real Estate 0.39% | ||||||||||||
| CoreLogic, Inc.† | 9.00% | 8/1/2031 | 9,396,000 | 9,340,497 | ||||||||
| Kennedy-Wilson, Inc.†(f) | 7.25% | 6/1/2033 | 8,569,000 | 8,733,044 | ||||||||
| Total | 18,073,541 | |||||||||||
| Retail 0.69% | ||||||||||||
| GPS Hospitality Operating Co. LLC/GPS New Finco, Inc.† | 9.50% | 5/28/2030 | 3,657,500 | 3,566,062 | ||||||||
| GPS Hospitality Operating Co. LLC/GPS New Finco, Inc.† | 11.00% | 3/5/2031 | 4,422,806 | 4,091,096 | ||||||||
| LBM Acquisition LLC† | 9.50% | 6/15/2031 | 10,922,000 | 9,037,315 | ||||||||
| Michaels Cos., Inc.†(f) | 11.00% | 3/15/2034 | 7,511,000 | 7,296,180 | ||||||||
| Park River Holdings, Inc.†(f) | 8.75% | 12/31/2030 | 4,920,897 | 4,685,553 | ||||||||
| White Cap Supply Holdings LLC†(f) | 7.375% | 11/15/2030 | 2,835,000 | 2,881,199 | ||||||||
| Total | 31,557,405 | |||||||||||
| Software 0.32% | ||||||||||||
| AthenaHealth Group, Inc.† | 7.50% | 2/15/2032 | 5,128,000 | 5,288,313 | ||||||||
| Cloud Software Group LLC† | 9.00% | 9/30/2029 | 4,708,000 | 4,724,440 | ||||||||
| Rocket Software, Inc.†(f) | 6.50% | 2/15/2029 | 4,689,000 | 4,600,271 | ||||||||
| Total | 14,613,024 | |||||||||||
| See Notes to Schedule of Investments. | 65 |
Schedule of Investments (unaudited)(continued)
FLOATING RATE FUND August 31, 2026
| Investments | Interest Rate | Maturity Date | Principal Amount‡ | Fair Value | ||||||||
| Telecommunications 0.66% | ||||||||||||
| Core Scientific Finance I LLC† | 7.75% | 5/15/2031 | $ | 13,221,000 | $ | 12,836,568 | ||||||
| ELK Grove Village Property LLC† | 7.50% | 6/15/2031 | 9,404,000 | 9,062,011 | ||||||||
| Level 3 Financing, Inc.† | 8.50% | 1/15/2036 | 6,034,868 | 6,315,586 | ||||||||
| Lumen Technologies, Inc.† | 5.375% | 6/15/2029 | 2,247,000 | 2,158,778 | ||||||||
| Total | 30,372,943 | |||||||||||
| Transportation 0.51% | ||||||||||||
| PODS LLC† | 8.75% | 5/15/2031 | 8,460,000 | 7,975,800 | ||||||||
| Rand Parent LLC† | 8.50% | 2/15/2030 | 7,500,000 | 7,742,055 | ||||||||
| Seaspan Corp. Pte. Ltd. (Hong Kong)†(e) | 5.50% | 8/1/2029 | 7,742,000 | 7,558,755 | ||||||||
| Total | 23,276,610 | |||||||||||
| Total Corporate Bonds (cost $461,909,697) | 453,691,756 | |||||||||||
| Shares | ||||||||||||
| EXCHANGE-TRADED FUNDS 1.43% | ||||||||||||
| Exchange- Traded Funds 1.19% | ||||||||||||
| Invesco Senior Loan ETF | 2,642,537 | 54,356,986 | ||||||||||
| Miscellaneous Financials 0.24% | ||||||||||||
| State Street Blackstone Senior Loan ETF(f) | 270,207 | 11,024,446 | ||||||||||
| Total Exchange-Traded Funds (cost $65,856,675) | 65,381,432 | |||||||||||
| Principal Amount‡ | ||||||||||||
| FLOATING RATE LOANS(i) 79.99% | ||||||||||||
| Advertising 0.36% | ||||||||||||
| CMG Media Corp. 2024 Term Loan | 7.332% (3 mo. USD Term SOFR + 3.50%) | 6/18/2029 | $ | 17,593,355 | 16,660,907 | |||||||
| Aerospace & Defense 0.61% | ||||||||||||
| Fastener Distribution Holdings LLC 2026 Term Loan B | – | (b) | 7/23/2033 | 5,296,279 | 5,319,450 | |||||||
| Fastener Distribution Holdings LLC Delayed Draw Term Loan(j) | – | (b) | 7/23/2033 | 1,210,578 | 1,215,875 | |||||||
| TransDigm, Inc. 2025 Term Loan K | 5.936% (1 mo. USD Term SOFR + 2.25%) | 3/22/2030 | 3,666,388 | 3,678,854 | ||||||||
| TransDigm, Inc. 2025 Term Loan M | 6.186% (1 mo. USD Term SOFR + 2.50%) | 8/19/2032 | 9,030,713 | 9,070,222 | ||||||||
| Zeus U.S. Bidco LLC Fungible Delayed Draw Term Loan(j) | – | (b) | 8/5/2033 | 1,772,238 | 1,776,119 | |||||||
| Zeus U.S. Bidco LLC Term Loan B | – | (b) | 8/5/2033 | 6,855,762 | 6,870,776 | |||||||
| Total | 27,931,296 | |||||||||||
| 66 | See Notes to Schedule of Investments. |
Schedule of Investments (unaudited)(continued)
FLOATING RATE FUND August 31, 2026
| Investments | Interest Rate | Maturity Date | Principal Amount‡ | Fair Value | ||||||||
| Aerospace/Defense 0.47% | ||||||||||||
| Doncasters Finance U.S. LLC 2024 Term Loan (Jersey)(e) | 10.232% (3 mo. USD Term SOFR + 6.50%) | 4/23/2030 | $ | 439,706 | $ | 444,103 | ||||||
| TransDigm, Inc. 2023 Term Loan J | 6.186% (1 mo. USD Term SOFR + 2.50%) | 2/28/2031 | 9,758,340 | 9,801,423 | ||||||||
| TransDigm, Inc. 2024 Term Loan L | 6.186% (1 mo. USD Term SOFR + 2.50%) | 1/19/2032 | 11,067,025 | 11,113,175 | ||||||||
| Total | 21,358,701 | |||||||||||
| Airlines 1.11% | ||||||||||||
| American Airlines, Inc. 2025 Term Loan | 5.979% (3 mo. USD Term SOFR + 2.25%) | 4/20/2028 | 17,233,724 | 17,256,473 | ||||||||
| American Airlines, Inc. 2026 1st Lien Term Loan B | 6.764% (3 mo. USD Term SOFR + 3.00%) | 5/29/2033 | 16,777,000 | 16,753,428 | ||||||||
| OneSky Flight LLC 2026 Term Loan B | 6.403% (1 mo. USD Term SOFR + 2.75%) | 2/17/2033 | 8,989,000 | 9,031,158 | ||||||||
| VistaJet Malta Finance PLC 2025 Term Loan B | 7.475% (3 mo. USD Term SOFR + 3.75%) | 4/1/2031 | 7,991,618 | 8,035,732 | ||||||||
| Total | 51,076,791 | |||||||||||
| Apparel 0.61% | ||||||||||||
| Marquee Brands Intermediate Holdings II LLC Term Loan B | 8.99% (3 mo. USD Term SOFR + 5.25%) | 8/18/2033 | 9,400,000 | 9,423,547 | ||||||||
| WH Borrower LLC 2025 Term Loan B | 8.233% (3 mo. USD Term SOFR + 4.50%) | 2/20/2032 | 15,830,851 | 15,936,443 | ||||||||
| WH Borrower LLC 2026 USD Add on Term Loan B | – | (b) | 2/20/2032 | 2,710,000 | 2,725,244 | |||||||
| Total | 28,085,234 | |||||||||||
| Auto Parts & Equipment 1.53% | ||||||||||||
| Autokiniton U.S. Holdings, Inc. 2024 Term Loan B | 7.801% (1 mo. USD Term SOFR + 4.00%) | 4/6/2028 | 13,973,385 | 13,985,612 | ||||||||
| Clarios Global LP 2024 USD Term Loan B (Canada)(e) | 6.186% (1 mo. USD Term SOFR + 2.50%) | 5/6/2030 | 3,660,270 | 3,677,656 | ||||||||
| Clarios Global LP 2026 USD Term Loan B (Canada)(e) | 6.186% (1 mo. USD Term SOFR + 2.50%) | 1/28/2032 | 12,967,040 | 13,025,392 | ||||||||
| DexKo Global, Inc. 2026 Term Loan B (294mm) | 8.823% (3 mo. USD Term SOFR + 5.00%) | 10/6/2031 | 2,387,249 | 2,320,406 | ||||||||
| See Notes to Schedule of Investments. | 67 |
Schedule of Investments (unaudited)(continued)
FLOATING RATE FUND August 31, 2026
| Investments | Interest Rate | Maturity Date | Principal Amount‡ | Fair Value | ||||||||
| Auto Parts & Equipment (continued) | ||||||||||||
| DexKo Global, Inc. 2026 USD Term Loan B | 8.323% (3 mo. USD Term SOFR + 4.50%) | 10/6/2031 | $ | 9,779,189 | $ | 9,477,256 | ||||||
| RealTruck Group, Inc. 2026 FLSO Tranche A Term Loan | 8.776% (3 mo. USD Term SOFR + 4.75%) | 1/31/2031 | 18,222,477 | 10,979,043 | ||||||||
| Stonepeak Motion Finco LLC USD Term Loan B | – | (b) | 6/24/2033 | 9,427,000 | 9,474,983 | |||||||
| Tenneco, Inc. 2022 Term Loan B | 8.832% - 8.83% (3 mo. USD Term SOFR + 5.00%) | 11/17/2028 | 7,403,000 | 7,415,326 | ||||||||
| Total | 70,355,674 | |||||||||||
| Banks 0.35% | ||||||||||||
| Armor Holding II LLC 2025 Term Loan | 7.596% (6 mo. USD Term SOFR + 3.75%) | 12/10/2031 | 11,103,957 | 11,116,115 | ||||||||
| Chrysaor Bidco SARL 2025 USD Term Loan B (Luxembourg)(e) | 6.763% (3 mo. USD Term SOFR + 3.00%) | 10/30/2031 | 5,009,798 | 5,039,231 | ||||||||
| Total | 16,155,346 | |||||||||||
| Beverages 0.64% | ||||||||||||
| Pegasus BidCo BV 2026 EUR Term Loan B | 5.261% (3 mo. EURIBOR + 2.75%) | 7/12/2032 | EUR | 2,374,000 | 2,772,230 | |||||||
| Pegasus BidCo BV 2026 USD Term Loan B (Netherlands)(e) | 6.241% (3 mo. USD Term SOFR + 2.50%) | 7/12/2032 | $ | 13,619,306 | 13,670,378 | |||||||
| Primo Brands Corp. 2026 Term Loan B | 6.482% (3 mo. USD Term SOFR + 2.75%) | 3/31/2031 | 12,767,002 | 12,860,010 | ||||||||
| Total | 29,302,618 | |||||||||||
| Biotechnology 0.91% | ||||||||||||
| Creek Parent, Inc. 2026 EUR Term Loan B | 5.175% (1 mo. EURIBOR + 3.00%) | 8/12/2033 | EUR | 8,462,000 | 9,816,745 | |||||||
| Creek Parent, Inc. 2026 USD Term Loan B | 6.639% (1 mo. USD Term SOFR + 3.00%) | 8/12/2033 | $ | 12,284,000 | 12,345,420 | |||||||
| Genmab AS 2026 Term Loan B (Denmark)(e) | 5.732% (3 mo. USD Term SOFR + 2.00%) | 12/13/2032 | 2,255,300 | 2,258,503 | ||||||||
| Grifols Worldwide Operations USA, Inc. 2026 USD Term Loan B | 6.187% (6 mo. USD Term SOFR + 2.50%) | 4/14/2033 | 17,481,776 | 17,556,161 | ||||||||
| Total | 41,976,829 | |||||||||||
| 68 | See Notes to Schedule of Investments. |
Schedule of Investments (unaudited)(continued)
FLOATING RATE FUND August 31, 2026
| Investments | Interest Rate | Maturity Date | Principal Amount‡ | Fair Value | ||||||||
| Building Materials 2.05% | ||||||||||||
| Associated Materials, Inc. 2022 Term Loan B | 9.686% (1 mo. USD Term SOFR + 6.00%) | 3/8/2029 | $ | 5,558,017 | $ | 5,125,298 | ||||||
| Chamberlain Group, Inc. 2025 Term Loan B | 6.436% (1 mo. USD Term SOFR + 2.75%) | 9/8/2032 | 11,595,373 | 11,625,463 | ||||||||
| Cornerstone Building Brands, Inc. 2021 Term Loan B | 7.014% (3 mo. USD Term SOFR + 3.25%) | 4/12/2028 | 9,203,555 | 4,555,760 | ||||||||
| CP Atlas Buyer, Inc. 2025 Term Loan | 8.936% (1 mo. USD Term SOFR + 5.25%) | 7/8/2030 | 8,453,000 | 7,330,357 | ||||||||
| EMRLD Borrower LP 2024 Term Loan B | 6.073% (3 mo. USD Term SOFR + 2.25%) | 8/4/2031 | 5,522,864 | 5,544,568 | ||||||||
| EMRLD Borrower LP Term Loan B | 5.936% (1 mo. USD Term SOFR + 2.25%) | 5/31/2030 | 6,012,568 | 6,035,927 | ||||||||
| Groundworks LLC 2024 Term Loan | 7.188% (1 mo. USD Term SOFR + 3.50%) | 3/14/2031 | 6,439,031 | 6,469,874 | ||||||||
| Hobbs & Associates LLC Term Loan B | 6.622% (6 mo. USD Term SOFR + 2.75%) | 7/23/2031 | 7,969,749 | 7,968,753 | ||||||||
| OEP Glass Purchaser LLC 2026 Term Loan B | 7.732% (3 mo. USD Term SOFR + 4.00%) | 3/7/2033 | 4,728,150 | 4,731,129 | ||||||||
| Quikrete Holdings, Inc. 2025 Term Loan B | 5.936% (1 mo. USD Term SOFR + 2.25%) | 2/10/2032 | 23,324,545 | 23,386,588 | ||||||||
| Smyrna Ready Mix Concrete LLC 2025 Term Loan B | 6.686% (1 mo. USD Term SOFR + 3.00%) | 4/2/2029 | 6,403,073 | 6,443,124 | ||||||||
| Watlow Electric Manufacturing Co. 2026 Delayed Draw Term Loan(j) | – | (b) | 6/17/2033 | 443,794 | 446,960 | |||||||
| Watlow Electric Manufacturing Co. 2026 Term Loan B | 6.506% (3 mo. USD Term SOFR + 2.75%) | 6/17/2033 | 4,230,831 | 4,261,018 | ||||||||
| Total | 93,924,819 | |||||||||||
| Chemicals 1.85% | ||||||||||||
| Bakelite U.S. Holdco, Inc. 2024 Term Loan B | 7.482% (3 mo. USD Term SOFR + 3.75%) | 12/23/2031 | 2,454,095 | 2,468,991 | ||||||||
| BASF Coatings Ltd. EUR Term Loan B | 6.043% (3 mo. EURIBOR + 3.75%) | 6/29/2033 | EUR | 5,632,000 | 6,594,999 | |||||||
| BASF Coatings Ltd. USD Term Loan B (France)(e) | 7.244% (3 mo. USD Term SOFR + 3.50%) | 6/29/2033 | $ | 6,570,000 | 6,619,965 | |||||||
| See Notes to Schedule of Investments. | 69 |
Schedule of Investments (unaudited)(continued)
FLOATING RATE FUND August 31, 2026
| Investments | Interest Rate | Maturity Date | Principal Amount‡ | Fair Value | ||||||||
| Chemicals (continued) | ||||||||||||
| GEON Performance Solutions LLC 2021 Term Loan | 8.244% (3 mo. USD Term SOFR + 4.25%) | 8/18/2028 | $ | 13,727,000 | $ | 13,532,557 | ||||||
| Hexion Holdings Corp. 2024 Term Loan B | 7.688% (1 mo. USD Term SOFR + 4.00%) | 3/15/2029 | 4,746,022 | 4,689,165 | ||||||||
| INEOS Styrolution Group GmbH 2020 EUR Term Loan | 4.248% (1 mo. EURIBOR + 2.00%) | 1/29/2027 | EUR | 13,239,836 | 15,356,348 | |||||||
| Nouryon Finance BV 2026 USD Term Loan B (Netherlands)(e) | 7.144% - 7.19% (1 mo. USD Term SOFR + 3.50%) (3 mo. USD Term SOFR + 3.50%) | 7/8/2031 | $ | 7,978,000 | 8,022,876 | |||||||
| Olympus Water U.S. Holding Corp. 2025 USD Term Loan B | 6.982% (3 mo. USD Term SOFR + 3.25%) | 11/3/2032 | 6,593,865 | 6,614,471 | ||||||||
| SCIH Salt Holdings, Inc. 2026 Term Loan B | 6.499% (3 mo. USD Term SOFR + 2.75%) | 8/13/2031 | 15,194,000 | 15,144,924 | ||||||||
| USALCO LLC 2025 Term Loan | 7.264% (3 mo. USD Term SOFR + 3.50%) | 9/30/2031 | 5,837,970 | 5,876,267 | ||||||||
| Total | 84,920,563 | |||||||||||
| Commercial Services 6.41% | ||||||||||||
| Albion Financing 3 SARL 2025 USD Term Loan (Luxembourg)(e) | 6.74% (3 mo. USD Term SOFR + 3.00%) | 5/21/2031 | 10,697,368 | 10,768,238 | ||||||||
| Allied Universal Holdco LLC 2025 USD Term Loan B | 6.936% (1 mo. USD Term SOFR + 3.25%) | 8/20/2032 | 26,126,570 | 26,265,825 | ||||||||
| Allium Buyer LLC 2026 Term Loan B | – | (b) | 8/12/2031 | 6,742,000 | 6,733,572 | |||||||
| Amber Finco PLC 2025 EUR Term Loan B2 | 5.541% (3 mo. EURIBOR + 3.25%) | 6/12/2029 | EUR | 7,200,000 | 8,472,964 | |||||||
| Belron Finance 2019 LLC 2026 Repriced Term Loan B | 5.758% (3 mo. USD Term SOFR + 2.00%) | 10/16/2031 | $ | 21,791,794 | 21,865,342 | |||||||
| Boluda Towage SL 2026 EUR Term Loan B | 5.041% (3 mo. EURIBOR + 2.75%) | 6/30/2033 | EUR | 2,817,000 | 3,295,824 | |||||||
| Boluda Towage SL 2026 USD Term Loan B (Spain)(e) | 6.232% (3 mo. USD Term SOFR + 2.50%) | 6/30/2033 | $ | 3,746,610 | 3,772,387 | |||||||
| Brock Holdings III, Inc. 2024 Term Loan B | 9.732% (3 mo. USD Term SOFR + 6.00%) | 5/2/2030 | 5,637,425 | 5,369,647 | (k) | |||||||
| Carrix, Inc. 2026 Delayed Draw Term Loan(j) | – | (b) | 7/27/2033 | 3,882,667 | 3,885,113 | |||||||
| 70 | See Notes to Schedule of Investments. |
Schedule of Investments (unaudited)(continued)
FLOATING RATE FUND August 31, 2026
| Investments | Interest Rate | Maturity Date | Principal Amount‡ | Fair Value | ||||||||
| Commercial Services (continued) | ||||||||||||
| Carrix, Inc. 2026 Term Loan B | 5.81% (3 mo. USD Term SOFR + 2.00%) | 7/27/2033 | $ | 19,413,333 | $ | 19,425,564 | ||||||
| CHG Healthcare Services, Inc. 2026 Term Loan B | 6.686% - 6.82% (1 mo. USD Term SOFR + 3.00%) (3 mo. USD Term SOFR + 3.00%) | 9/29/2031 | 12,996,569 | 13,002,873 | ||||||||
| Ensemble RCM LLC 2026 Term Loan B | 6.823% (3 mo. USD Term SOFR + 3.00%) | 2/9/2033 | 13,116,000 | 13,136,527 | ||||||||
| Fugue Finance BV 2026 EUR Term Loan B | 5.304% (3 mo. EURIBOR + 2.75%) | 1/9/2032 | EUR | 6,286,000 | 7,295,951 | |||||||
| Fugue Finance BV 2026 USD Term Loan B (Netherlands)(e) | 6.017% (3 mo. USD Term SOFR + 2.25%) | 1/9/2032 | $ | 873,689 | 874,781 | |||||||
| Garda World Security Corp. 2026 Term Loan B (Canada)(e) | 6.513% (3 mo. USD Term SOFR + 2.75%) | 2/1/2029 | 19,561,212 | 19,589,771 | ||||||||
| Holding Socotec SAS 2026 EUR Term Loan B | 5.291% (3 mo. EURIBOR + 3.00%) | 6/2/2031 | EUR | 6,641,000 | 7,781,886 | |||||||
| Mavis Tire Express Services Corp. 2025 Repriced Term Loan | 6.669% (6 mo. USD Term SOFR + 3.00%) | 5/4/2028 | $ | 13,139,919 | 13,148,657 | |||||||
| Mavis Tire Express Services Corp. 2026 Incremental Term Loan | 6.92% (6 mo. USD Term SOFR + 3.25%) | 5/6/2033 | 12,940,000 | 12,951,775 | ||||||||
| Mister Car Wash Holdings, Inc. 2026 Incremental Term Loan B | 6.686% (1 mo. USD Term SOFR + 3.00%) | 3/27/2031 | 13,751,000 | 13,860,595 | ||||||||
| Parexel International Corp. 2025 Repriced Term Loan B | 6.186% (1 mo. USD Term SOFR + 2.50%) | 12/12/2031 | 12,289,828 | 12,355,149 | ||||||||
| Priority Holdings LLC 2025 Term Loan B | 7.436% (1 mo. USD Term SOFR + 3.75%) | 8/2/2032 | 9,984,536 | 9,890,981 | ||||||||
| Raven Acquisition Holdings LLC Term Loan B | 6.686% (1 mo. USD Term SOFR + 3.00%) | 11/19/2031 | 8,796,672 | 8,794,648 | ||||||||
| Techem Verwaltungsgesellschaft 675 GmbH 2026 EUR Term Loan B | 5.225% (3 mo. EURIBOR + 2.75%) | 7/15/2032 | EUR | 5,682,000 | 6,616,985 | |||||||
| TruGreen LP 2020 Term Loan | 7.786% (1 mo. USD Term SOFR + 4.00%) | 11/2/2027 | $ | 13,046,708 | 12,208,457 | |||||||
| Veritiv Corp. Term Loan B | 7.732% (3 mo. USD Term SOFR + 4.00%) | 12/2/2030 | 17,541,864 | 17,543,706 | ||||||||
| Wash Multifamily Parent, Inc. Term Loan B | 6.686% (1 mo. USD Term SOFR + 3.00%) | 9/10/2032 | 15,180,953 | 15,277,731 | ||||||||
| Total | 294,184,949 | |||||||||||
| See Notes to Schedule of Investments. | 71 |
Schedule of Investments (unaudited)(continued)
FLOATING RATE FUND August 31, 2026
| Investments | Interest Rate | Maturity Date | Principal Amount‡ | Fair Value | ||||||||
| Commercial Services & Supplies 0.01% | ||||||||||||
| Raven Acquisition Holdings LLC Delayed Draw Term Loan(j) | 3.00% | 11/19/2031 | $ | 636,287 | $ | 636,141 | ||||||
| Computers 1.16% | ||||||||||||
| Clover Holdings 2 LLC Fixed Term Loan B | 7.75% | 12/9/2031 | 9,506,246 | 9,197,293 | (k) | |||||||
| Clover Holdings 2 LLC Term Loan B | 7.389% (1 mo. USD Term SOFR + 3.75%) | 12/9/2031 | 9,475,938 | 9,349,624 | ||||||||
| McAfee LLC 2024 USD 1st Lien Term Loan B | 6.686% (1 mo. USD Term SOFR + 3.00%) | 3/1/2029 | 20,661,922 | 19,614,466 | ||||||||
| Nielsen Consumer, Inc. 2025 USD 1st Lien Term Loan | 5.935% (1 mo. USD Term SOFR + 2.25%) | 10/31/2030 | 9,400,530 | 9,377,029 | ||||||||
| Ping Identity Corp. 2025 Term Loan | 6.389% (1 mo. USD Term SOFR + 2.75%) | 11/15/2032 | 5,662,807 | 5,606,179 | ||||||||
| Total | 53,144,591 | |||||||||||
| Containers & Packaging 3.07% | ||||||||||||
| Altium Packaging LLC 2024 Term Loan B | 6.186% (1 mo. USD Term SOFR + 2.50%) | 6/11/2031 | 14,926,128 | 14,590,290 | ||||||||
| Berlin Packaging LLC 2025 Term Loan B7 | 6.982% - 6.98% (3 mo. USD Term SOFR + 3.25%) | 6/7/2031 | 15,918,349 | 15,874,096 | ||||||||
| Clydesdale Acquisition Holdings, Inc. 2025 Term Loan B | 6.936% (1 mo. USD Term SOFR + 3.25%) | 4/1/2032 | 22,719,356 | 22,435,365 | ||||||||
| Node AcquiCo GmbH 2026 EUR Term Loan B | 5.216% (1 mo. EURIBOR + 3.00%) | 12/8/2032 | EUR | 11,032,457 | 12,835,889 | |||||||
| Proampac PG Borrower LLC 2026 USD Term Loan B | 7.764% - 7.82% (3 mo. USD Term SOFR + 4.00%) | 3/7/2033 | $ | 20,117,909 | 20,087,330 | |||||||
| SupplyOne, Inc. 2024 Term Loan B | 7.186% (1 mo. USD Term SOFR + 3.50%) | 4/21/2031 | 8,872,259 | 8,917,152 | ||||||||
| Sword Purchaser LLC USD Term Loan B | 7.686% (1 mo. USD Term SOFR + 4.00%) | 4/11/2033 | 23,685,000 | 23,464,848 | ||||||||
| Tosca Services LLC 2024 Second Out Superpriority PIK Term Loan B | 8.082% (3 mo. USD Term SOFR + 4.25%) | 11/30/2028 | 13,649,743 | 13,636,980 | ||||||||
| TricorBraun Holdings, Inc. 2021 Term Loan | 6.936% (1 mo. USD Term SOFR + 3.25%) | 3/3/2031 | 50,000 | 45,401 | ||||||||
| Trivium Packaging BV 2026 EUR Term Loan | 5.709% (3 mo. EURIBOR + 3.25%) | 5/28/2030 | EUR | 7,565,000 | 8,823,720 | |||||||
| Total | 140,711,071 | |||||||||||
| 72 | See Notes to Schedule of Investments. |
Schedule of Investments (unaudited)(continued)
FLOATING RATE FUND August 31, 2026
| Investments | Interest Rate | Maturity Date | Principal Amount‡ | Fair Value | ||||||||
| Cosmetics/Personal Care 0.98% | ||||||||||||
| ACP Tara Holdings, Inc. 2026 Term Loan B | 6.232% (3 mo. USD Term SOFR + 2.50%) | 12/15/2032 | $ | 8,203,440 | $ | 8,230,347 | ||||||
| Conair Holdings LLC Term Loan B | 7.551% (1 mo. USD Term SOFR + 3.75%) | 5/17/2028 | 17,070,917 | 15,331,903 | ||||||||
| Opal Bidco SAS 2026 USD Term Loan B | 6.232% (3 mo. USD Term SOFR + 2.50%) | 4/28/2032 | 21,110,245 | 21,244,084 | ||||||||
| Total | 44,806,334 | |||||||||||
| Distribution/Wholesale 1.09% | ||||||||||||
| ADI Global Distribution Funding LLC Term Loan B | 6.436% (1 mo. USD Term SOFR + 2.75%) | 7/1/2033 | 7,302,000 | 7,333,946 | ||||||||
| BCPE Empire Holdings, Inc. 2025 Term Loan B | 6.936% (1 mo. USD Term SOFR + 3.25%) | 12/11/2030 | 7,696,221 | 7,625,031 | ||||||||
| BCPE Empire Holdings, Inc. 2026 10th Amendment Term Loan | 7.186% (1 mo. USD Term SOFR + 3.50%) | 12/29/2032 | 22,683,345 | 22,442,334 | ||||||||
| Fluid-Flow Products, Inc. 2026 1st Lien Term Loan B | – | (b) | 3/4/2033 | 470,000 | 472,388 | |||||||
| Fluid-Flow Products, Inc. 2026 Term Loan B | 6.936% (1 mo. USD Term SOFR + 3.25%) | 3/4/2033 | 4,699,222 | 4,723,094 | ||||||||
| Olympus Water U.S. Holding Corp. 2024 USD Term Loan | 6.732% (3 mo. USD Term SOFR + 3.00%) | 6/20/2031 | 7,348,583 | 7,361,443 | ||||||||
| PAI Holdco, Inc. 2020 Term Loan B | 7.776% (3 mo. USD Term SOFR + 3.75%) | 10/28/2027 | 49,868 | 48,879 | ||||||||
| Total | 50,007,115 | |||||||||||
| Diversified Financial Services 3.60% | ||||||||||||
| Aretec Group, Inc. 2025 Repriced Term Loan | 6.686% (1 mo. USD Term SOFR + 3.00%) | 8/9/2030 | 17,485,749 | 17,528,589 | ||||||||
| DRW Holdings LLC 2024 Term Loan B | 7.186% (1 mo. USD Term SOFR + 3.50%) | 6/26/2031 | 14,382,399 | 14,063,325 | ||||||||
| Edelman Financial Center LLC 2026 Term Loan B | 7.686% (1 mo. USD Term SOFR + 4.00%) | 12/1/2031 | 10,745,000 | 10,815,917 | ||||||||
| GC Ferry Acquisition I, Inc. Delayed Draw Term Loan(j) | 3.50% | 8/16/2032 | 2,869,563 | 2,884,269 | ||||||||
| GC Ferry Acquisition I, Inc. Term Loan | 7.232% (3 mo. USD Term SOFR + 3.50%) | 8/16/2032 | 16,723,400 | 16,809,108 | ||||||||
| See Notes to Schedule of Investments. | 73 |
Schedule of Investments (unaudited)(continued)
FLOATING RATE FUND August 31, 2026
| Investments | Interest Rate | Maturity Date | Principal Amount‡ | Fair Value | ||||||||
| Diversified Financial Services (continued) | ||||||||||||
| GEN II Fund Services LLC 2024 Term Loan B | 6.482% (3 mo. USD Term SOFR + 2.75%) | 11/26/2031 | $ | 4,298,588 | $ | 4,317,394 | ||||||
| GTCR Everest Borrower LLC 2026 Term Loan B | 5.982% (3 mo. USD Term SOFR + 2.25%) | 9/5/2031 | 5,530,922 | 5,532,084 | ||||||||
| Hudson River Trading LLC 2026 Repriced Term Loan B | 6.159% (1 mo. USD Term SOFR + 2.50%) | 3/18/2030 | 31,223,896 | 31,213,436 | ||||||||
| Jump Financial LLC 2025 1st Lien Term Loan B | 7.232% (3 mo. USD Term SOFR + 3.50%) | 2/26/2032 | 19,316,090 | 19,364,381 | ||||||||
| Jupiter Borrower, Inc. Term Loan B | 6.504% (3 mo. USD Term SOFR + 2.75%) | 6/30/2033 | 10,052,000 | 10,112,764 | ||||||||
| Orion U.S. Finco, Inc. 2026 Term Loan B | 6.749% (3 mo. USD Term SOFR + 3.00%) | 10/8/2032 | 5,085,255 | 5,101,553 | ||||||||
| Osaic Holdings, Inc. 2026 Term Loan B | 6.232% (3 mo. USD Term SOFR + 2.50%) | 7/30/2032 | 17,940,330 | 17,943,111 | ||||||||
| Saphilux SARL 2025 USD Repriced Term Loan (Luxembourg)(e) | 6.61% - 6.84% (3 mo. USD Term SOFR + 3.00%) | 7/18/2033 | 9,353,000 | 9,382,275 | ||||||||
| Total | 165,068,206 | |||||||||||
| Electric 2.20% | ||||||||||||
| CPV Three Rivers LLC Term Loan B | 6.482% (3 mo. USD Term SOFR + 2.75%) | 4/15/2033 | 12,259,003 | 12,299,826 | ||||||||
| EFS Cogen Holdings I LLC 2026 Term Loan B | 6.232% (3 mo. USD Term SOFR + 2.50%) | 10/3/2031 | 14,377,550 | 14,399,116 | ||||||||
| Lackawanna Energy Center LLC 2025 Term Loan B | 6.392% (1 mo. USD Term SOFR + 2.75%) | 8/5/2032 | 19,027,230 | 19,086,690 | ||||||||
| Pathfinder Power LLC Term Loan B | – | (b) | 6/22/2033 | 23,119,000 | 23,148,014 | |||||||
| Solebury Borrower I LLC Term Loan B | 6.128% (3 mo. USD Term SOFR + 2.25%) | 8/4/2033 | 14,415,000 | 14,415,000 | ||||||||
| South Field LLC 2025 1st Lien Term Loan B | 6.732% (3 mo. USD Term SOFR + 3.00%) | 8/29/2031 | 16,513,615 | 16,598,742 | ||||||||
| South Field LLC 2025 1st Lien Term Loan C | 6.732% (3 mo. USD Term SOFR + 3.00%) | 8/29/2031 | 1,082,053 | 1,087,631 | ||||||||
| Total | 101,035,019 | |||||||||||
| Electrical Components & Equipment 0.27% | ||||||||||||
| Belden, Inc. Term Loan | 5.936% (1 mo. USD Term SOFR + 2.25%) | 7/1/2033 | 12,436,000 | 12,503,341 | ||||||||
| 74 | See Notes to Schedule of Investments. |
Schedule of Investments (unaudited)(continued)
FLOATING RATE FUND August 31, 2026
| Investments | Interest Rate | Maturity Date | Principal Amount‡ | Fair Value | ||||||||
| Electronics 1.05% | ||||||||||||
| Dresser Utility Solutions LLC 2026 Delayed Draw Term Loan(j) | – | (b) | 8/5/2033 | $ | 1,177,043 | $ | 1,181,463 | |||||
| Dresser Utility Solutions LLC 2026 Term Loan B | – | (b) | 8/5/2033 | 7,282,957 | 7,310,304 | |||||||
| Dwyer Instruments LLC 2026 Delayed Draw Term Loan(j) | – | (b) | 7/25/2033 | 839,301 | 841,663 | |||||||
| Dwyer Instruments LLC 2026 Term Loan B | 6.275% (3 mo. USD Term SOFR + 2.50%) | 7/25/2033 | 12,309,743 | 12,344,395 | ||||||||
| LSF12 Crown U.S. Commercial Bidco LLC 2026 1st Lien Term Loan B | 6.243% (1 mo. USD Term SOFR + 2.50%) | 12/2/2031 | 15,498,991 | 15,593,458 | ||||||||
| Skyshield U.S. Bidco Ltd. USD Term Loan B | 6.37% (3 mo. USD Term SOFR + 2.50%) | 6/30/2033 | 10,673,000 | 10,733,036 | ||||||||
| Total | 48,004,319 | |||||||||||
| Energy: Alternate Sources 0.65% | ||||||||||||
| Bayonne Energy Center LLC Term Loan B | 6.752% (3 mo. USD Term SOFR + 3.00%) | 10/1/2032 | 18,969,643 | 19,123,771 | ||||||||
| Jackson Generation LLC Term Loan B | 6.253% (3 mo. USD Term SOFR + 2.50%) | 7/8/2033 | 10,619,156 | 10,625,793 | ||||||||
| Total | 29,749,564 | |||||||||||
| Engineering & Construction 1.30% | ||||||||||||
| Azuria Water Solutions, Inc. 2026 Delayed Draw Term Loan(j) | 1.375% | 4/25/2033 | 1,280,218 | 1,277,978 | ||||||||
| Azuria Water Solutions, Inc. 2026 Term Loan B | 6.517% (3 mo. USD Term SOFR + 2.75%) | 4/25/2033 | 18,385,782 | 18,353,607 | ||||||||
| DG Investment Intermediate Holdings 2, Inc. 2025 Term Loan | 6.686% (1 mo. USD Term SOFR + 3.00%) | 7/9/2032 | 17,280,525 | 17,366,928 | ||||||||
| Green Infrastructure Partners, Inc. USD Term Loan B (Canada)(e) | 6.482% (3 mo. USD Term SOFR + 2.75%) | 9/24/2032 | 5,536,125 | 5,558,629 | ||||||||
| Radar Bidco SARL 2026 EUR Repriced Term Loan | 5.321% (3 mo. EURIBOR + 3.00%) | 4/4/2031 | EUR | 1,885,000 | 2,209,741 | |||||||
| Radar Bidco SARL 2026 USD Repriced Term Loan (Luxembourg)(e) | 6.502% (3 mo. USD Term SOFR + 2.75%) | 4/4/2031 | $ | 11,813,108 | 11,854,926 | |||||||
| Ramudden Global Group GmbH 2026 EUR Term Loan B | 5.498% (1 mo. EURIBOR + 3.25%) | 5/20/2033 | EUR | 2,705,745 | 3,166,915 | |||||||
| Total | 59,788,724 | |||||||||||
| See Notes to Schedule of Investments. | 75 |
Schedule of Investments (unaudited)(continued)
FLOATING RATE FUND August 31, 2026
| Investments | Interest Rate | Maturity Date | Principal Amount‡ | Fair Value | ||||||||
| Entertainment 2.58% | ||||||||||||
| Allwyn Entertainment Financing U.S. LLC 2025 1st Lien Term Loan B | 6.323% (3 mo. USD Term SOFR + 2.50%) | 1/18/2033 | $ | 20,683,633 | $ | 20,571,631 | ||||||
| Caesars Entertainment, Inc. 2024 Term Loan B1 | 5.936% (1 mo. USD Term SOFR + 2.25%) | 2/6/2031 | 11,427,398 | 11,044,123 | ||||||||
| Caesars Entertainment, Inc. Term Loan B | 5.936% (1 mo. USD Term SOFR + 2.25%) | 2/6/2030 | 14,089,341 | 13,804,666 | ||||||||
| DK Crown Holdings, Inc. 2026 Term Loan B | 5.667% (3 mo. USD Term SOFR + 2.00%) | 8/25/2033 | 11,413,000 | 11,405,867 | ||||||||
| EOC Borrower LLC Term Loan B | 6.436% (1 mo. USD Term SOFR + 2.75%) | 3/24/2032 | 20,285,100 | 20,419,489 | ||||||||
| Flutter Financing BV 2024 Term Loan B (Netherlands)(e) | – | (b) | 11/30/2030 | 15,108,000 | 14,846,783 | |||||||
| Ontario Gaming GTA LP Term Loan B (Canada)(e) | 7.982% (3 mo. USD Term SOFR + 4.25%) | 8/1/2030 | 17,588,566 | 17,084,830 | ||||||||
| SeaWorld Parks & Entertainment, Inc. 2024 Term Loan B3 | 5.686% (1 mo. USD Term SOFR + 2.00%) | 12/4/2031 | 9,455,472 | 9,416,042 | ||||||||
| Total | 118,593,431 | |||||||||||
| Environmental Control 1.39% | ||||||||||||
| Action Environmental Group, Inc. 2023 Term Loan B | 6.732% (3 mo. USD Term SOFR + 3.00%) | 10/24/2030 | 15,665,105 | 15,508,453 | ||||||||
| EnergySolutions LLC 2026 Term Loan B | – | (b) | 7/23/2033 | 3,341,000 | 3,372,322 | |||||||
| Heritage Environmental Services, Inc. 2026 Term Loan B | 6.823% (3 mo. USD Term SOFR + 3.00%) | 4/1/2033 | 9,115,000 | 9,194,756 | ||||||||
| Heritage-Crystal Clean, Inc. Term Loan B | 6.733% (3 mo. USD Term SOFR + 3.00%) | 10/17/2030 | 4,645,479 | 4,668,707 | ||||||||
| LRS Holdings LLC 2026 Term Loan B | 7.436% (1 mo. USD Term SOFR + 3.75%) | 8/5/2033 | 3,756,000 | 3,763,061 | ||||||||
| Madison IAQ LLC 2026 Term Loan B | 5.47% (6 mo. USD Term SOFR + 1.75%) | 5/6/2032 | 5,243,597 | 5,243,178 | ||||||||
| Reworld Holding Corp. 2025 1st Lien Term Loan B | 5.936% (1 mo. USD Term SOFR + 2.25%) | 1/15/2031 | 9,373,110 | 9,398,511 | ||||||||
| Reworld Holding Corp. 2025 1st Lien Term Loan C | 5.909% (1 mo. USD Term SOFR + 2.25%) | 1/15/2031 | 826,129 | 828,343 | ||||||||
| 76 | See Notes to Schedule of Investments. |
Schedule of Investments (unaudited)(continued)
FLOATING RATE FUND August 31, 2026
| Investments | Interest Rate | Maturity Date | Principal Amount‡ | Fair Value | ||||||||
| Environmental Control (continued) | ||||||||||||
| Reworld Holding Corp. 2025 Term Loan B1 | 5.909% (1 mo. USD Term SOFR + 2.25%) | 1/15/2031 | $ | 5,071,161 | $ | 5,084,752 | ||||||
| WIN Waste Innovations Holdings, Inc. 2026 Term Loan B | 6.436% (1 mo. USD Term SOFR + 2.75%) | 4/3/2029 | 6,579,000 | 6,601,895 | ||||||||
| Total | 63,663,978 | |||||||||||
| Financial 0.02% | ||||||||||||
| Asurion LLC 2022 Term Loan B10 | 7.923% (3 mo. USD Term SOFR + 4.00%) | 8/19/2028 | 1,013,215 | 1,016,255 | ||||||||
| Food 0.50% | ||||||||||||
| BCPE North Star U.S. HoldCo 2, Inc. Term Loan | 7.801% (1 mo. USD Term SOFR + 4.00%) | 6/9/2028 | 12,151,842 | 12,209,563 | ||||||||
| CHG PPC Parent LLC 2021 Term Loan | 6.801% (1 mo. USD Term SOFR + 3.00%) | 12/8/2028 | 10,806,729 | 10,883,295 | ||||||||
| Total | 23,092,858 | |||||||||||
| Food Service 0.46% | ||||||||||||
| Gategroup Finance Luxembourg SA USD Repriced Term Loan B (Luxembourg)(e) | 7.225% (3 mo. USD Term SOFR + 3.50%) | 6/10/2032 | 13,433,649 | 13,559,590 | ||||||||
| Golden State Food LLC 2026 Term Loan B | 7.232% (3 mo. USD Term SOFR + 3.50%) | 12/4/2031 | 7,412,639 | 7,442,511 | ||||||||
| Total | 21,002,101 | |||||||||||
| Gaming/Leisure 0.36% | ||||||||||||
| Fertitta Entertainment LLC 2022 Term Loan B | 6.936% (1 mo. USD Term SOFR + 3.25%) | 1/27/2029 | 16,621,085 | 16,678,262 | ||||||||
| Health Care Products 1.03% | ||||||||||||
| Argent Bidco SAS EUR Term Loan B | 5.541% (3 mo. EURIBOR + 3.25%) | 4/14/2033 | EUR | 4,700,000 | 5,512,183 | |||||||
| Hanger, Inc. 2024 Delayed Draw Term Loan(j) | 7.186% (1 mo. USD Term SOFR + 3.50%) | 10/23/2031 | $ | 2,733,161 | 2,754,084 | |||||||
| Hanger, Inc. 2024 Term Loan B | 7.186% (1 mo. USD Term SOFR + 3.50%) | 10/23/2031 | 2,484,359 | 2,503,376 | ||||||||
| Hologic, Inc. 2026 USD Term Loan B | 5.995% (3 mo. USD Term SOFR + 2.25%) | 4/7/2033 | 21,673,000 | 21,387,675 | ||||||||
| See Notes to Schedule of Investments. | 77 |
Schedule of Investments (unaudited)(continued)
FLOATING RATE FUND August 31, 2026
| Investments | Interest Rate | Maturity Date | Principal Amount‡ | Fair Value | ||||||||
| Health Care Products (continued) | ||||||||||||
| Mckesson Medical-Surgical Top Holdings, Inc. Term Loan B | 5.982% (3 mo. USD Term SOFR + 2.25%) | 6/9/2032 | $ | 10,034,000 | $ | 10,084,220 | ||||||
| Septodont Holding SAS EUR Term Loan B | 5.791% (3 mo. EURIBOR + 3.50%) | 6/30/2033 | EUR | 4,224,000 | 4,941,122 | |||||||
| Total | 47,182,660 | |||||||||||
| Health Care Services 2.66% | ||||||||||||
| Colosseum Dental Finance BV 2026 EUR Term Loan B | 5.386% (3 mo. EURIBOR + 3.00%) | 3/22/2032 | EUR | 9,589,000 | 11,138,098 | |||||||
| Dermatology Intermediate Holdings III, Inc. 2022 Term Loan B | 8.073% (3 mo. USD Term SOFR + 4.25%) | 3/30/2029 | $ | 8,502,513 | 7,892,458 | |||||||
| Examworks Bidco, Inc. 2026 Term Loan B | 6.186% (1 mo. USD Term SOFR + 2.50%) | 2/6/2033 | 4,717,741 | 4,742,414 | ||||||||
| Global Medical Response, Inc. 2025 Term Loan B | 6.909% (1 mo. USD Term SOFR + 3.25%) | 10/1/2032 | 10,134,564 | 10,194,966 | ||||||||
| Heartland Dental LLC 2025 Term Loan | 7.186% (1 mo. USD Term SOFR + 3.50%) | 8/25/2032 | 19,118,239 | 19,207,235 | ||||||||
| LifePoint Health, Inc. 2024 1st Lien Term Loan B | 7.503% (3 mo. USD Term SOFR + 3.75%) | 5/19/2031 | 13,187,167 | 12,659,021 | ||||||||
| Loire Finco Luxembourg SARL 2025 USD Term Loan B (Luxembourg)(e) | 7.685% (1 mo. USD Term SOFR + 4.00%) | 1/21/2030 | 9,875,623 | 9,934,680 | ||||||||
| MDVIP, Inc. 2026 Term Loan B | 6.438% (1 mo. USD Term SOFR + 2.75%) | 10/14/2031 | 13,559,796 | 13,600,340 | ||||||||
| New WPCC Parent LLC Term Loan | 13.186% (1 mo. USD Term SOFR + 9.50%) | 5/9/2030 | 3,372,636 | 3,288,320 | (k) | |||||||
| Star Parent, Inc. Term Loan B | 7.232% (3 mo. USD Term SOFR + 3.50%) | 9/27/2030 | 10,703,938 | 10,783,040 | ||||||||
| U.S. Fertility Enterprises LLC 2025 Delayed Draw Term Loan(j) | 3.50% | 12/30/2032 | 471,573 | 473,980 | ||||||||
| U.S. Fertility Enterprises LLC 2025 Term Loan | 6.686% - 6.73% (1 mo. USD Term SOFR + 3.00%) (3 mo. USD Term SOFR + 3.00%) | 12/30/2032 | 9,193,001 | 9,239,931 | ||||||||
| WCG Intermediate Corp. 2026 Term Loan B | 6.436% (1 mo. USD Term SOFR + 2.75%) | 2/25/2032 | 9,010,689 | 9,026,187 | ||||||||
| Total | 122,180,670 | |||||||||||
| 78 | See Notes to Schedule of Investments. |
Schedule of Investments (unaudited)(continued)
FLOATING RATE FUND August 31, 2026
| Investments | Interest Rate | Maturity Date | Principal Amount‡ | Fair Value | ||||||||
| Home Furnishings 0.20% | ||||||||||||
| AI Aqua Merger Sub, Inc. 2026 EUR Term Loan B | 4.956% (1 mo. EURIBOR + 2.75%) | 7/5/2033 | EUR | 4,000,000 | $ | 4,653,934 | ||||||
| AI Aqua Merger Sub, Inc. 2026 USD Term Loan B | 6.206% (1 mo. USD Term SOFR + 2.50%) | 7/5/2033 | 4,436,000 | 4,456,161 | ||||||||
| Total | 9,110,095 | |||||||||||
| Housewares 0.10% | ||||||||||||
| Hunter Douglas, Inc. 2025 USD Term Loan B | 6.732% (3 mo. USD Term SOFR + 3.00%) | 1/20/2032 | $ | 4,703,076 | $ | 4,721,700 | ||||||
| Information Technology Services 0.15% | ||||||||||||
| Recovery Solutions Parent LLC Term Loan | 11.232% (3 mo. USD Term SOFR + 7.50%) | 1/28/2030 | 6,816,900 | 6,770,068 | ||||||||
| Insurance 3.41% | ||||||||||||
| Acrisure LLC 2024 1st Lien Term Loan B6 | 6.686% (1 mo. USD Term SOFR + 3.00%) | 11/6/2030 | 20,711,903 | 17,674,192 | ||||||||
| Alera Group, Inc. 2026 Term Loan B | 6.436% (1 mo. USD Term SOFR + 2.75%) | 5/30/2032 | 9,791,833 | 9,598,493 | ||||||||
| Alliant Holdings Intermediate LLC 2025 Term Loan B | 6.186% (1 mo. USD Term SOFR + 2.50%) | 9/19/2031 | 19,493,685 | 19,472,534 | ||||||||
| Ardonagh Midco 3 PLC 2024 USD Term Loan B (United Kingdom)(e) | 6.732% - 6.83% (3 mo. USD Term SOFR + 3.00%) (6 mo. USD Term SOFR + 3.00%) | 2/15/2031 | 12,020,609 | 11,937,967 | ||||||||
| Ardonagh Midco 3 PLC 2025 EUR Repriced Term Loan B | 6.313% (6 mo. EURIBOR + 3.63%) | 2/15/2031 | EUR | 3,000,000 | 3,502,089 | |||||||
| Asurion LLC 2023 Term Loan B11 | 8.173% (3 mo. USD Term SOFR + 4.25%) | 8/19/2028 | $ | 1,813,575 | 1,818,435 | |||||||
| Asurion LLC 2026 Term Loan B14 | 7.573% (3 mo. USD Term SOFR + 3.75%) | 2/23/2033 | 10,470,028 | 10,055,573 | ||||||||
| Jones DesLauriers Insurance Management, Inc. 2025 Repriced Term Loan B (Canada)(e) | 6.823% (3 mo. USD Term SOFR + 3.00%) | 2/2/2033 | 13,242,000 | 13,091,372 | ||||||||
| OneDigital Borrower LLC 2024 2nd Lien Term Loan | 8.936% (1 mo. USD Term SOFR + 5.25%) | 7/2/2031 | 5,957,000 | 5,655,427 | ||||||||
| OneDigital Borrower LLC 2025 Repriced Term Loan | 6.686% (1 mo. USD Term SOFR + 3.00%) | 7/2/2031 | 14,093,588 | 13,963,222 | ||||||||
| See Notes to Schedule of Investments. | 79 |
Schedule of Investments (unaudited)(continued)
FLOATING RATE FUND August 31, 2026
| Investments | Interest Rate | Maturity Date | Principal Amount‡ | Fair Value | ||||||||
| Insurance (continued) | ||||||||||||
| Sedgwick Claims Management Services, Inc. 2023 Term Loan B | 6.186% (1 mo. USD Term SOFR + 2.50%) | 7/31/2031 | $ | 23,519,532 | $ | 23,549,049 | ||||||
| TFP U.S. Financing LLC Term Loan | 6.483% (3 mo. USD Term SOFR + 2.75%) | 8/19/2033 | 9,255,000 | 9,124,875 | ||||||||
| Truist Insurance Holdings LLC 2024 Term Loan B | 6.482% (3 mo. USD Term SOFR + 2.75%) | 5/6/2031 | 7,323,266 | 7,228,064 | ||||||||
| Truist Insurance Holdings LLC 2nd Lien Term Loan | 8.482% (3 mo. USD Term SOFR + 4.75%) | 5/6/2032 | 9,961,783 | 9,598,576 | ||||||||
| Total | 156,269,868 | |||||||||||
| Internet 1.52% | ||||||||||||
| Anastasia Parent LLC 2025 Term Loan | 8.732% (3 mo. USD Term SOFR + 5.00%) | 6/24/2030 | 9,793,665 | 8,676,599 | ||||||||
| Delivery Hero SE 2026 Term Loan B (Germany)(e) | – | (b) | 6/30/2032 | 9,400,000 | 9,596,789 | |||||||
| Magnite, Inc. 2025 Repriced Term Loan B | 6.686% (1 mo. USD Term SOFR + 3.00%) | 2/6/2031 | 14,023,144 | 14,086,248 | ||||||||
| MotoGP Sports Entertainment Group SL 2026 EUR Term Loan B | 4.871% (6 mo. EURIBOR + 2.25%) | 8/18/2032 | EUR | 4,733,000 | 5,521,666 | |||||||
| Proofpoint, Inc. 2025 Repriced Term Loan | 6.732% (3 mo. USD Term SOFR + 3.00%) | 8/31/2028 | $ | 2,306,341 | 2,306,630 | |||||||
| Proofpoint, Inc. 2026 Term Loan B | 8.249% (3 mo. USD Term SOFR + 4.50%) | 8/30/2030 | 22,741,716 | 22,469,725 | ||||||||
| Sweetwater Borrower LLC 2026 1st Lien Term Loan B | 6.936% (1 mo. USD Term SOFR + 3.25%) | 2/17/2033 | 6,989,717 | 7,033,402 | ||||||||
| Total | 69,691,059 | |||||||||||
| Investment Management Companies 0.82% | ||||||||||||
| KREF Holdings X LLC 2025 Term Loan | 6.153% (1 mo. USD Term SOFR + 2.50%) | 3/5/2032 | 4,697,000 | 4,589,368 | ||||||||
| NEXUS Buyer LLC 2025 2nd Lien Term Loan B | 9.436% (1 mo. USD Term SOFR + 5.75%) | 2/16/2032 | 11,917,000 | 11,626,583 | ||||||||
| NEXUS Buyer LLC 2025 Incremental Term Loan | 7.686% (1 mo. USD Term SOFR + 4.00%) | 7/31/2031 | 9,294,723 | 9,217,762 | ||||||||
| NEXUS Buyer LLC 2025 Term Loan B | 7.186% (1 mo. USD Term SOFR + 3.50%) | 7/31/2031 | 7,731,581 | 7,548,767 | ||||||||
| Nvent Electric PLC Term Loan B (United Kingdom)(e) | 6.456% (1 mo. USD Term SOFR + 2.75%) | 1/30/2032 | 4,747,127 | 4,775,017 | ||||||||
| Total | 37,757,497 | |||||||||||
| 80 | See Notes to Schedule of Investments. |
Schedule of Investments (unaudited)(continued)
FLOATING RATE FUND August 31, 2026
| Investments | Interest Rate | Maturity Date | Principal Amount‡ | Fair Value | ||||||||
| Leisure Time 1.14% | ||||||||||||
| Bulldog Purchaser, Inc. 2026 Term Loan | 6.936% (1 mo. USD Term SOFR + 3.25%) | 2/4/2033 | $ | 13,647,420 | $ | 13,697,642 | ||||||
| Fitness International LLC 2024 Term Loan B | 8.186% (1 mo. USD Term SOFR + 4.50%) | 2/12/2029 | 11,736,170 | 11,788,983 | ||||||||
| Gaia Purchaser, Inc. Term Loan B | – | (b) | 6/25/2033 | 8,813,000 | 8,884,650 | |||||||
| Peloton Interactive, Inc. 2024 Term Loan B | 9.186% (1 mo. USD Term SOFR + 5.50%) | 5/30/2029 | 9,220,980 | 9,271,695 | ||||||||
| Recess Holdings, Inc. 2025 Repriced Term Loan | 7.56% (3 mo. USD Term SOFR + 3.75%) | 2/20/2030 | 8,631,236 | 8,646,427 | ||||||||
| Total | 52,289,397 | |||||||||||
| Lodging 0.49% | ||||||||||||
| Spectacle Gary Holdings LLC 2021 Term Loan B | 8.132% (3 mo. USD Term SOFR + 4.25%) | 12/11/2028 | 11,154,218 | 10,933,922 | ||||||||
| Turquoise Topco Ltd. Term Loan B (Jersey)(e) | 6.982% (3 mo. USD Term SOFR + 3.25%) | 12/30/2032 | 11,362,250 | 11,340,946 | ||||||||
| Total | 22,274,868 | |||||||||||
| Machinery: Diversified 1.75% | ||||||||||||
| Arcline FM Holdings LLC 2025 1st Lien Term Loan | 6.596% (6 mo. USD Term SOFR + 2.75%) | 6/23/2030 | 16,500,853 | 16,597,136 | ||||||||
| Columbus McKinnon Corp. 2026 Term Loan B | 7.232% (3 mo. USD Term SOFR + 3.50%) | 2/3/2033 | 7,254,888 | 7,295,696 | ||||||||
| Engineered Machinery Holdings, Inc. 2026 USD Term Loan B | 6.491% (3 mo. USD Term SOFR + 2.75%) | 11/26/2032 | 6,557,187 | 6,593,318 | ||||||||
| Foxtrott Bidco Gmbh EUR Term Loan B | – | (b) | 7/7/2033 | EUR | 12,210,000 | 14,229,818 | ||||||
| TK Elevator Midco GmbH 2025 EUR Term Loan B1 | 5.678% (6 mo. EURIBOR + 3.00%) | 4/30/2030 | EUR | 17,673,000 | 20,689,927 | |||||||
| TK Elevator Midco GmbH 2026 USD Term Loan B (Germany)(e) | 6.704% (6 mo. USD Term SOFR + 2.75%) | 4/30/2030 | $ | 9,579,990 | 9,640,631 | |||||||
| Victory Buyer LLC 2026 Term Loan B | 6.686% (1 mo. USD Term SOFR + 3.00%) | 2/14/2033 | 5,250,000 | 5,282,156 | ||||||||
| Total | 80,328,682 | |||||||||||
| See Notes to Schedule of Investments. | 81 |
Schedule of Investments (unaudited)(continued)
FLOATING RATE FUND August 31, 2026
| Investments | Interest Rate | Maturity Date | Principal Amount‡ | Fair Value | ||||||||
| Media 3.51% | ||||||||||||
| Altice France SA 2025 USD Term Loan B11 (France)(e) | 7.866% (3 mo. USD Term SOFR + 4.13%) | 4/30/2028 | $ | 20,445,232 | $ | 20,502,683 | ||||||
| Cable One, Inc. 2021 Term Loan B4 | 5.801% (1 mo. USD Term SOFR + 2.00%) | 5/3/2028 | 17,054,042 | 14,867,458 | ||||||||
| Charter Communications Operating LLC 2024 Term Loan B5 | 5.975% (3 mo. USD Term SOFR + 2.25%) | 12/15/2031 | 24,458,433 | 24,097,059 | ||||||||
| DirecTV Financing LLC 2026 Term Loan B | 8.323% (3 mo. USD Term SOFR + 4.50%) | 8/2/2029 | 12,720,751 | 12,829,069 | ||||||||
| Discovery Global Holdings, Inc. 2026 USD Term Loan B | 6.186% (1 mo. USD Term SOFR + 2.50%) | 6/3/2033 | 39,954,577 | 40,085,628 | ||||||||
| Nexstar Media, Inc. 2026 Term Loan B7 | 6.436% (1 mo. USD Term SOFR + 2.75%) | 3/18/2033 | 11,737,640 | 11,790,635 | ||||||||
| Sinclair Television Group, Inc. 2025 Term Loan B6 | 7.147% (3 mo. USD Term SOFR + 3.30%) | 12/31/2029 | 1,814,083 | 1,680,304 | ||||||||
| Sinclair Television Group, Inc. 2025 Term Loan B7 | 7.932% (3 mo. USD Term SOFR + 4.10%) | 12/31/2030 | 9,771,831 | 8,886,259 | ||||||||
| Sunrise Financing Partnership Term Loan AAA | 6.341% (6 mo. USD Term SOFR + 2.47%) | 2/15/2032 | 17,347,000 | 17,197,556 | ||||||||
| Virgin Media Bristol LLC 2020 USD Term Loan Q | 7.004% (1 mo. USD Term SOFR + 3.25%) | 1/31/2029 | 9,484,000 | 8,974,235 | ||||||||
| Total | 160,910,886 | |||||||||||
| Metal Fabricate/Hardware 0.63% | ||||||||||||
| Tank Holding Corp. 2023 Incremental Delayed Draw Term Loan | 9.786% (1 mo. USD Term SOFR + 6.00%) | 3/31/2028 | 2,553,811 | 2,442,082 | ||||||||
| Tank Holding Corp. 2023 Incremental Term Loan | 9.786% (1 mo. USD Term SOFR + 6.00%) | 3/31/2028 | 2,983,035 | 2,852,528 | ||||||||
| Tega MC Australia Holdings Pty. Ltd. Term Loan B (Australia)(e) | 7.16% (3 mo. USD Term SOFR + 3.50%) | 6/1/2033 | 11,297,000 | 11,374,723 | ||||||||
| Worthington Steel, Inc. Term Loan B | 7.686% (1 mo. USD Term SOFR + 4.00%) | 6/1/2033 | 11,917,143 | 12,030,713 | ||||||||
| Total | 28,700,046 | |||||||||||
| 82 | See Notes to Schedule of Investments. |
Schedule of Investments (unaudited)(continued)
FLOATING RATE FUND August 31, 2026
| Investments | Interest Rate | Maturity Date | Principal Amount‡ | Fair Value | ||||||||
| Miscellaneous Manufacture 0.50% | ||||||||||||
| CeramTec AcquiCo GmbH 2026 EUR Term Loan B | 6.304% (3 mo. EURIBOR + 3.75%) | 11/15/2029 | EUR | 3,676,000 | $ | 4,304,548 | ||||||
| CoorsTek, Inc. 2026 Term Loan B | 6.228% (3 mo. USD Term SOFR + 2.50%) | 10/28/2032 | $ | 7,077,262 | 7,117,107 | |||||||
| Rohm Holding GmbH 2024 EUR PIK Term Loan B | 7.678% (6 mo. EURIBOR + 5.00%) | 1/31/2029 | EUR | 9,886,861 | 11,373,544 | |||||||
| Total | 22,795,199 | |||||||||||
| Oil & Gas 0.28% | ||||||||||||
| Pasadena Performance Products LLC 1st Lien Term Loan | 6.982% (3 mo. USD Term SOFR + 3.25%) | 2/27/2032 | $ | 12,602,394 | 12,659,104 | |||||||
| Oil & Gas Services 0.32% | ||||||||||||
| Deep Blue Operating I LLC Term Loan | 5.902% (3 mo. USD Term SOFR + 2.25%) | 10/1/2032 | 6,087,743 | 6,118,181 | ||||||||
| Star Holding LLC 2024 1st Lien Term Loan B | 8.186% (1 mo. USD Term SOFR + 4.50%) | 7/31/2031 | 8,728,538 | 8,759,438 | ||||||||
| Total | 14,877,619 | |||||||||||
| Paper & Forest Products 0.04% | ||||||||||||
| Glatfelter Corp. Term Loan B | 8.073% (3 mo. USD Term SOFR + 4.25%) | 11/4/2031 | 1,760,000 | 1,765,870 | ||||||||
| Pharmaceuticals 2.00% | ||||||||||||
| Alkermes, Inc. 2026 1st Lien Term Loan B | 5.988% (3 mo. USD Term SOFR + 2.25%) | 8/12/2031 | 6,545,310 | 6,597,149 | ||||||||
| Ceva Sante Animale 2025 EUR Term Loan B | 5.291% (3 mo. EURIBOR + 3.00%) | 11/12/2030 | EUR | 6,644,889 | 7,788,334 | |||||||
| Ceva Sante Animale 2025 USD Term Loan B (France)(e) | 6.488% (3 mo. USD Term SOFR + 2.75%) | 11/12/2030 | 3,852,950 | 3,885,469 | ||||||||
| IVC Acquisition Ltd. 2026 USD 1st Lien Term Loan B (United Kingdom)(e) | 7.741% (3 mo. USD Term SOFR + 4.00%) | 12/12/2031 | 16,851,932 | 16,931,978 | ||||||||
| Nidda Healthcare Holding AG 2026 EUR Term Loan B | 5.507% (3 mo. EURIBOR + 3.00%) | 12/9/2032 | EUR | 8,485,000 | 9,832,340 | |||||||
| Organon & Co. 2024 USD Term Loan | 5.936% (1 mo. USD Term SOFR + 2.25%) | 5/19/2031 | $ | 18,687,078 | 18,704,550 | |||||||
| See Notes to Schedule of Investments. | 83 |
Schedule of Investments (unaudited)(continued)
FLOATING RATE FUND August 31, 2026
| Investments | Interest Rate | Maturity Date | Principal Amount‡ | Fair Value | ||||||||
| Pharmaceuticals (continued) | ||||||||||||
| Padagis LLC Term Loan B | – | (b) | 7/6/2028 | $ | 50,000 | $ | 49,000 | (k) | ||||
| Paradigm Parent LLC 1st Lien Term Loan | 8.232% (3 mo. USD Term SOFR + 4.50%) | 4/16/2032 | 17,648,490 | 16,251,348 | ||||||||
| Sharp Services LLC 2025 Term Loan B | 6.732% (3 mo. USD Term SOFR + 3.00%) | 9/29/2032 | 7,327,180 | 7,383,672 | ||||||||
| Southern Veterinary Partners LLC 2025 Term Loan B | 6.188% (1 mo. USD Term SOFR + 2.50%) | 12/4/2031 | 4,425,509 | 4,439,538 | ||||||||
| Total | 91,863,378 | |||||||||||
| Pipelines 0.83% | ||||||||||||
| Birdsboro Power LLC 2026 Term Loan B | 7.50% (3 mo. USD Term SOFR + 3.75%) | 7/15/2033 | 7,713,000 | 7,785,348 | ||||||||
| Freeport LNG Investments LLLP 2026 Term Loan B | 6.979% (3 mo. USD Term SOFR + 3.25%) | 2/11/2033 | 10,749,008 | 10,824,036 | ||||||||
| Rockpoint Gas Storage Partners LP 2026 Term Loan B | 5.982% (3 mo. USD Term SOFR + 2.25%) | 9/18/2031 | 4,434,500 | 4,446,185 | ||||||||
| Traverse Midstream Partners LLC 2026 Term Loan B | 6.043% (3 mo. USD Term SOFR + 2.25%) | 7/14/2033 | 5,442,000 | 5,448,802 | ||||||||
| Venture Global Plaquemines LNG LLC 2024 Contingency Reserve Delayed Draw Term Loan | 5.911% (1 mo. USD Term SOFR + 2.23%) | 5/25/2029 | 1,047,051 | 1,048,035 | ||||||||
| Venture Global Plaquemines LNG LLC Base Term Loan | 5.911% (1 mo. USD Term SOFR + 2.23%) | 5/25/2029 | 8,371,949 | 8,381,117 | ||||||||
| Total | 37,933,523 | |||||||||||
| Real Estate 0.57% | ||||||||||||
| CoreLogic, Inc. 2026 Term Loan B | 7.936% (1 mo. USD Term SOFR + 4.25%) | 7/25/2031 | 11,279,000 | 11,078,064 | ||||||||
| Cushman & Wakefield U.S. Borrower LLC 2026 Term Loan B | 5.936% (1 mo. USD Term SOFR + 2.25%) | 6/13/2033 | 9,480,371 | 9,504,072 | ||||||||
| United FP Holdings LLC 2026 Takeback Term Loan | 9.261% (3 mo. USD Term SOFR + 5.50%) | 8/6/2031 | 5,762,584 | 5,697,756 | (k) | |||||||
| Total | 26,279,892 | |||||||||||
| 84 | See Notes to Schedule of Investments. |
Schedule of Investments (unaudited)(continued)
FLOATING RATE FUND August 31, 2026
| Investments | Interest Rate | Maturity Date | Principal Amount‡ | Fair Value | ||||||||
| Real Estate Investment Trusts 0.58% | ||||||||||||
| CyrusOne Holdco LLC Term Loan B | 7.738% (3 mo. USD Term SOFR + 4.00%) | 7/8/2033 | $ | 15,894,000 | $ | 15,509,921 | ||||||
| TPG RE Finance Trust, Inc. Term Loan B | 6.436% (1 mo. USD Term SOFR + 2.75%) | 5/16/2033 | 11,082,000 | 11,130,484 | ||||||||
| Total | 26,640,405 | |||||||||||
| Retail 4.37% | ||||||||||||
| Carvana Co. Term Loan B | – | (b) | 8/15/2033 | 11,387,000 | 11,349,081 | |||||||
| CD&R Firefly Bidco Ltd. 2026 GBP Term Loan B | 8.231% (SONIA + 4.50%) | 7/3/2031 | GBP | 6,287,000 | 8,587,126 | |||||||
| Evergreen Acqco 1 LP 2025 Term Loan B | 6.168% (3 mo. USD Term SOFR + 2.50%) | 9/17/2032 | $ | 10,281,132 | 10,327,191 | |||||||
| Great Outdoors Group LLC 2025 Term Loan B | 6.936% (1 mo. USD Term SOFR + 3.25%) | 1/23/2032 | 24,884,366 | 25,042,133 | ||||||||
| Harbor Freight Tools USA, Inc. 2024 Term Loan B | 5.936% (1 mo. USD Term SOFR + 2.25%) | 6/11/2031 | 7,929,494 | 7,959,071 | ||||||||
| Johnstone Supply LLC 2026 Term Loan B | 5.956% (1 mo. USD Term SOFR + 2.25%) | 6/9/2031 | 7,718,932 | 7,737,689 | ||||||||
| K-Mac Holdings Corp. 2025 Add-on Term Loan | 6.936% (1 mo. USD Term SOFR + 3.25%) | 7/21/2028 | 6,561,720 | 6,601,976 | ||||||||
| LBM Acquisition LLC 2024 Incremental Term Loan B | 7.538% (1 mo. USD Term SOFR + 3.75%) | 6/6/2031 | 6,611,171 | 5,155,226 | ||||||||
| LSF9 Atlantis Holdings LLC 2025 Term Loan B | 7.482% (3 mo. USD Term SOFR + 3.75%) | 3/29/2029 | 8,905,000 | 8,830,777 | ||||||||
| Park River Holdings, Inc. 2025 Term Loan | 8.225% (3 mo. USD Term SOFR + 4.50%) | 3/15/2031 | 6,930,835 | 6,960,533 | ||||||||
| Peer Holding III BV 2025 USD Term Loan B (Netherlands)(e) | 5.982% (3 mo. USD Term SOFR + 2.25%) | 10/14/2032 | 1,505,227 | 1,512,754 | ||||||||
| Peer Holding III BV 2025 USD Term Loan B4B (Netherlands)(e) | 6.232% (3 mo. USD Term SOFR + 2.50%) | 10/28/2030 | 9,474,430 | 9,536,582 | ||||||||
| Peer Holding III BV 2025 USD Term Loan B5B (Netherlands)(e) | 6.232% (3 mo. USD Term SOFR + 2.50%) | 7/1/2031 | 9,632,315 | 9,679,272 | ||||||||
| PetSmart, Inc. 2025 USD Term Loan B | 7.688% (1 mo. USD Term SOFR + 4.00%) | 8/18/2032 | 13,433,594 | 13,542,810 | ||||||||
| See Notes to Schedule of Investments. | 85 |
Schedule of Investments (unaudited)(continued)
FLOATING RATE FUND August 31, 2026
| Investments | Interest Rate | Maturity Date | Principal Amount‡ | Fair Value | ||||||||
| Retail (continued) | ||||||||||||
| Raising Cane’s Restaurants LLC 2026 Term Loan B | – | (b) | 6/6/2033 | $ | 6,963,000 | $ | 6,928,185 | |||||
| Restaurant Brands International, Inc. 2026 EUR Term Loan B | 5.332% (3 mo. EURIBOR + 2.93%) | 10/31/2031 | EUR | 5,000,000 | 5,838,006 | |||||||
| Restoration Hardware, Inc. Term Loan B | 6.301% (1 mo. USD Term SOFR + 2.50%) | 10/20/2028 | $ | 13,943,791 | 13,736,167 | |||||||
| RVR Dealership Holdings LLC 2026 Term Loan B | 8.31% (3 mo. USD Term SOFR + 4.50%) | 2/26/2033 | 13,159,020 | 12,788,923 | ||||||||
| Splat Super Holdco LLC 2025 Delayed Draw Term Loan(j) | 5.00% | 7/2/2032 | 205,441 | 196,966 | ||||||||
| Splat Super Holdco LLC 2025 Term Loan | 8.686% (1 mo. USD Term SOFR + 5.00%) | 7/2/2032 | 4,794,559 | 4,596,784 | ||||||||
| White Cap Buyer LLC 2024 Term Loan B | 6.936% (1 mo. USD Term SOFR + 3.25%) | 10/19/2029 | 23,585,551 | 23,621,873 | ||||||||
| Total | 200,529,125 | |||||||||||
| Semiconductors 0.56% | ||||||||||||
| Altar Bidco, Inc. 2021 Term Loan | – | (b) | 2/1/2029 | 9,386,583 | 9,435,346 | |||||||
| Instructure Holdings, Inc. 2025 Repriced Term Loan | 6.446% (3 mo. USD Term SOFR + 2.75%) | 11/13/2031 | 16,839,042 | 16,210,610 | ||||||||
| Total | 25,645,956 | |||||||||||
| Software 10.28% | ||||||||||||
| Apttus Corp. 2024 Term Loan B | 7.323% (3 mo. USD Term SOFR + 3.50%) | 5/8/2028 | 17,596,780 | 17,459,349 | ||||||||
| Aragorn Parent Corp. 2026 Term Loan B | 7.186% (1 mo. USD Term SOFR + 3.50%) | 12/16/2030 | 4,690,000 | 4,728,599 | ||||||||
| Athenahealth Group, Inc. 2026 Term Loan B | 6.936% (1 mo. USD Term SOFR + 3.25%) | 2/16/2032 | 19,308,000 | 19,325,281 | ||||||||
| BCPE Pequod Buyer, Inc. USD Term Loan B | 6.436% (1 mo. USD Term SOFR + 2.75%) | 11/25/2031 | 14,003,201 | 13,931,924 | ||||||||
| Boxer Parent Co., Inc. 2024 2nd Lien Term Loan | 9.573% (3 mo. USD Term SOFR + 5.75%) | 7/30/2032 | 9,448,000 | 8,745,352 | ||||||||
| Boxer Parent Co., Inc. 2025 USD Term Loan B | 6.514% (3 mo. USD Term SOFR + 2.75%) | 7/30/2031 | 16,070,130 | 15,270,801 | ||||||||
| 86 | See Notes to Schedule of Investments. |
Schedule of Investments (unaudited)(continued)
FLOATING RATE FUND August 31, 2026
| Investments | Interest Rate | Maturity Date | Principal Amount‡ | Fair Value | ||||||||
| Software (continued) | ||||||||||||
| Central Parent, Inc. 2024 Term Loan B | 6.982% (3 mo. USD Term SOFR + 3.25%) | 7/6/2029 | $ | 25,873,516 | $ | 17,852,726 | ||||||
| Cloud Software Group, Inc. 2025 Term Loan B (2031) | 6.982% (3 mo. USD Term SOFR + 3.25%) | 3/21/2031 | 10,272,785 | 9,849,032 | ||||||||
| Cloud Software Group, Inc. 2025 Term Loan B (2032) | 6.982% (3 mo. USD Term SOFR + 3.25%) | 8/13/2032 | 8,390,491 | 8,002,431 | ||||||||
| Cloudera, Inc. 2021 Term Loan | – | (b) | 10/8/2028 | 49,869 | 45,922 | |||||||
| Coreweave Financing DDTL V LLC Delayed Draw Term Loan(j) | 8.15% (1 mo. USD Term SOFR + 4.50%) | 11/17/2031 | 18,481,000 | 18,668,213 | ||||||||
| Cotiviti Corp. 2024 Fixed Term Loan B | 7.625% | 5/1/2031 | 8,718,500 | 8,405,157 | ||||||||
| Cotiviti Corp. 2024 Term Loan | 6.456% (1 mo. USD Term SOFR + 2.75%) | 5/1/2031 | 14,977,782 | 14,337,482 | ||||||||
| Cotiviti Corp. 2025 2nd Amendment Term Loan | 6.456% (1 mo. USD Term SOFR + 2.75%) | 3/26/2032 | 4,008,436 | 3,826,392 | ||||||||
| Cvent, Inc. 2025 Term Loan B | 6.482% (3 mo. USD Term SOFR + 2.75%) | 6/17/2030 | 7,223,333 | 7,151,750 | ||||||||
| Darktrace PLC 1st Lien Term Loan (United Kingdom)(e) | 6.988% (3 mo. USD Term SOFR + 3.25%) | 10/9/2031 | 13,893,839 | 13,161,009 | ||||||||
| Darktrace PLC 2nd Lien Term Loan (United Kingdom)(e) | 8.988% (3 mo. USD Term SOFR + 5.25%) | 10/9/2032 | 7,630,000 | 6,644,433 | ||||||||
| Dayforce, Inc. 2026 Term Loan | 6.823% (3 mo. USD Term SOFR + 3.00%) | 2/4/2033 | 20,633,000 | 19,967,070 | ||||||||
| Dedalus Finance GmbH 2025 EUR Term Loan B | 5.815% (6 mo. EURIBOR + 3.25%) | 5/4/2030 | EUR | 6,209,000 | 7,215,703 | |||||||
| Disco Parent, Inc. 2025 Term Loan B | 6.764% (3 mo. USD Term SOFR + 3.00%) | 8/6/2032 | $ | 10,570,869 | 10,531,229 | |||||||
| DTI Holdco, Inc. 2025 Term Loan B | 7.686% (1 mo. USD Term SOFR + 4.00%) | 4/26/2029 | 4,714,770 | 4,561,210 | ||||||||
| Ellucian Holdings, Inc. 2024 1st Lien Term Loan B | 6.186% (1 mo. USD Term SOFR + 2.50%) | 10/9/2029 | 17,165,381 | 16,843,531 | ||||||||
| Epicor Software Corp. 2024 Term Loan F | 6.436% (1 mo. USD Term SOFR + 2.75%) | 5/30/2031 | 13,440,713 | 13,171,899 | ||||||||
| Finastra USA, Inc. 2025 USD Term Loan | 7.746% (6 mo. USD Term SOFR + 4.00%) | 9/15/2032 | 21,833,158 | 21,187,333 | ||||||||
| Genesys Cloud Services Holdings II LLC 2025 USD Term Loan B | 6.186% (1 mo. USD Term SOFR + 2.50%) | 1/30/2032 | 20,250,626 | 19,820,300 | ||||||||
| See Notes to Schedule of Investments. | 87 |
Schedule of Investments (unaudited)(continued)
FLOATING RATE FUND August 31, 2026
| Investments | Interest Rate | Maturity Date | Principal Amount‡ | Fair Value | ||||||||
| Software (continued) | ||||||||||||
| Lambda Compute II LLC Term Loan B | – | (b) | 12/31/2030 | $ | 5,996,000 | $ | 6,033,475 | |||||
| Mitchell International, Inc. 2024 2nd Lien Term Loan | 8.936% (1 mo. USD Term SOFR + 5.25%) | 6/17/2032 | 10,175,000 | 9,432,225 | ||||||||
| Mitchell International, Inc. 2026 Add-on Term Loan | 6.686% (1 mo. USD Term SOFR + 3.00%) | 6/17/2031 | 7,916,376 | 7,847,464 | ||||||||
| Modena Buyer LLC Term Loan | 8.073% (3 mo. USD Term SOFR + 4.25%) | 7/1/2031 | 7,392,391 | 7,133,657 | ||||||||
| Oak-Eagle AcquireCo, Inc. USD Term Loan B | 7.251% (3 mo. USD Term SOFR + 3.50%) | 8/4/2033 | 8,669,000 | 8,766,526 | ||||||||
| PointClickCare Technologies, Inc. 2025 Term Loan B (Canada)(e) | 6.573% (3 mo. USD Term SOFR + 2.75%) | 11/3/2031 | 9,742,966 | 9,715,588 | ||||||||
| Project Boost Purchaser LLC 2025 Refinancing Term Loan | 6.482% (3 mo. USD Term SOFR + 2.75%) | 7/16/2031 | 10,179,598 | 10,059,530 | ||||||||
| RealPage, Inc. 1st Lien Term Loan | 6.994% (3 mo. USD Term SOFR + 3.00%) | 4/24/2028 | 12,105,155 | 11,945,003 | ||||||||
| RealPage, Inc. 2024 Incremental Term Loan | 7.482% (3 mo. USD Term SOFR + 3.75%) | 4/24/2028 | 4,386,475 | 4,335,767 | ||||||||
| Rocket Software, Inc. 2023 USD Term Loan B | 7.436% (1 mo. USD Term SOFR + 3.75%) | 11/28/2028 | 16,811,711 | 16,687,136 | ||||||||
| Skopima Merger Sub, Inc. 2024 Repriced Term Loan | 7.186% (1 mo. USD Term SOFR + 3.50%) | 5/12/2028 | 19,332,255 | 18,202,961 | ||||||||
| Surf Holdings LLC 2025 Incremental Term Loan | 7.301% (1 mo. USD Term SOFR + 3.50%) | 3/5/2027 | 18,715,633 | 18,291,163 | ||||||||
| UKG, Inc. 2024 Term Loan B | 6.073% (3 mo. USD Term SOFR + 2.25%) | 2/10/2031 | 13,981,184 | 13,613,409 | ||||||||
| VCI Asset Holdings 3 LLC Fixed Term Loan | 6.875% | 4/24/2031 | 916,750 | 905,291(c) | ||||||||
| VS Buyer LLC 2025 Term Loan B | 6.073% (3 mo. USD Term SOFR + 2.25%) | 4/12/2031 | 4,697,000 | 4,618,724 | ||||||||
| Zelis Payments Buyer, Inc. 5th Amendment Term Loan | 6.936% (1 mo. USD Term SOFR + 3.25%) | 11/26/2031 | 8,999,714 | 8,935,276 | ||||||||
| Zelis Payments Buyer, Inc. Term Loan B | 6.436% (1 mo. USD Term SOFR + 2.75%) | 9/28/2029 | 14,590,887 | 14,496,703 | ||||||||
| Total | 471,724,026 | |||||||||||
| 88 | See Notes to Schedule of Investments. |
Schedule of Investments (unaudited)(continued)
FLOATING RATE FUND August 31, 2026
| Investments | Interest Rate | Maturity Date | Principal Amount‡ | Fair Value | ||||||||
| Software/Services 0.32% | ||||||||||||
| Peraton Corp. Term Loan B | 7.673% (3 mo. USD Term SOFR + 3.75%) | 2/1/2028 | $ | 15,374,966 | $ | 14,647,884 | ||||||
| Telecommunications 1.13% | ||||||||||||
| Altice France SA 2025 EUR Term Loan B12 | 6.787% (3 mo. EURIBOR + 4.38%) | 10/30/2028 | EUR | 3,369,883 | 3,923,093 | |||||||
| Delta TopCo, Inc. 2024 2nd Lien Term Loan | 8.902% (3 mo. USD Term SOFR + 5.25%) | 11/29/2030 | $ | 10,413,000 | 9,771,975 | |||||||
| Delta TopCo, Inc. 2025 Term Loan B | 6.402% (3 mo. USD Term SOFR + 2.75%) | 11/30/2029 | 8,824,413 | 8,633,453 | ||||||||
| Iridium Satellite LLC 2024 Term Loan B | 5.936% (1 mo. USD Term SOFR + 2.25%) | 9/20/2030 | 9,393,000 | 9,409,438 | ||||||||
| NTI Buyer LLC Term Loan | 8.061% (3 mo. USD Term SOFR + 4.25%) | 7/1/2033 | 7,041,000 | 6,970,590 | ||||||||
| ViaSat, Inc. Term Loan | 8.273% (1 mo. USD Term SOFR + 4.50%) | 3/2/2029 | 13,127,977 | 13,253,283 | ||||||||
| Total | 51,961,832 | |||||||||||
| Transportation 0.65% | ||||||||||||
| AIT Worldwide Logistics, Inc. 2026 Term Loan B | 8.073% (3 mo. USD Term SOFR + 4.25%) | 4/29/2033 | 12,857,000 | 12,893,128 | ||||||||
| Kenan Advantage Group, Inc. 2024 Term Loan B4 | 6.936% (1 mo. USD Term SOFR + 3.25%) | 1/25/2029 | 49,620 | 49,744 | ||||||||
| Rand Parent LLC 2026 Term Loan B | 6.823% (3 mo. USD Term SOFR + 3.00%) | 3/18/2030 | 16,747,927 | 16,839,538 | ||||||||
| Total | 29,782,410 | |||||||||||
| Utilities 2.56% | ||||||||||||
| Astoria Energy LLC 2025 Term Loan B | 5.936% - 5.98% (1 mo. USD Term SOFR + 2.25%) (3 mo. USD Term SOFR + 2.25%) | 6/23/2032 | 7,326,886 | 7,349,783 | ||||||||
| Carroll County Energy LLC 2025 Repriced Term Loan | 6.482% (3 mo. USD Term SOFR + 2.75%) | 6/30/2031 | 2,596,824 | 2,612,236 | ||||||||
| Compass Power Generation LLC 2026 Term Loan B | 6.186% (1 mo. USD Term SOFR + 2.50%) | 4/13/2029 | 18,236,680 | 18,313,639 | ||||||||
| Hamilton Projects Acquiror LLC 2025 Repriced Term Loan B | 6.186% (1 mo. USD Term SOFR + 2.50%) | 5/30/2031 | 16,346,170 | 16,413,189 | ||||||||
| Indeck Niles LLC Term Loan B | 6.482% (3 mo. USD Term SOFR + 2.75%) | 3/9/2033 | 9,965,634 | 9,959,405 | ||||||||
| See Notes to Schedule of Investments. | 89 |
Schedule of Investments (unaudited)(continued)
FLOATING RATE FUND August 31, 2026
| Investments | Interest Rate | Maturity Date | Principal Amount‡ | Fair Value | |||||||||
| Utilities (continued) | |||||||||||||
| Invenergy Thermal Operating I LLC 2025 Term Loan B | 6.37% (3 mo. USD Term SOFR + 2.75%) | 5/17/2032 | $ | 5,445,767 | $ | 5,486,610 | |||||||
| Invenergy Thermal Operating I LLC 2025 Term Loan C | 6.37% (3 mo. USD Term SOFR + 2.75%) | 5/17/2032 | 360,243 | 362,945 | |||||||||
| Kestrel Acquisition LLC 2026 Term Loan | 6.482% (3 mo. USD Term SOFR + 2.75%) | 11/6/2031 | 12,465,034 | 12,485,290 | |||||||||
| Lightning Power LLC Term Loan B | 5.436% (1 mo. USD Term SOFR + 1.75%) | 8/18/2031 | 8,876,887 | 8,902,142 | |||||||||
| Potomac Energy Center LLC 2026 Term Loan B | 6.573% (3 mo. USD Term SOFR + 2.75%) | 8/5/2032 | 19,947,973 | 20,097,582 | |||||||||
| Talen Energy Supply LLC 2023 Term Loan B | 5.479% (3 mo. USD Term SOFR + 1.75%) | 11/25/2032 | 15,406,727 | 15,380,998 | |||||||||
| Total | 117,363,819 | ||||||||||||
| Total Floating Rate Loans (cost $3,680,071,141) | 3,670,092,575 | ||||||||||||
| Dividend Rate | Shares | ||||||||||||
| PREFERRED STOCKS 0.42% | |||||||||||||
| Transportation Infrastructure 0.42% | |||||||||||||
| ACBL Holdings Corp. (cost $11,118,825) | Zero Coupon | 444,753 | 19,272,704 | ||||||||||
| Exercise Price | Expiration Date | ||||||||||||
| WARRANTS 0.00% | |||||||||||||
| Miscellaneous Financials 0.00% | |||||||||||||
| Utex Industries* | $114.76 | 12/3/2025 | 57,340 | 0 | (c) | ||||||||
| Specialty Retail 0.00% | |||||||||||||
| Chinos Intermediate Holdings A, Inc.* | 3.50 | 12/31/2099 | 147,340 | 147,340 | |||||||||
| Total Warrants (cost $601,700) | 147,340 | ||||||||||||
| Total Long-Term Investments (cost $4,277,953,530) | 4,319,594,355 | ||||||||||||
| 90 | See Notes to Schedule of Investments. |
Schedule of Investments (unaudited)(continued)
FLOATING RATE FUND August 31, 2026
| Investments | Principal Amount‡ | Fair Value | ||||||
| SHORT-TERM INVESTMENTS 10.59% | ||||||||
| REPURCHASE AGREEMENTS 9.23% | ||||||||
| Repurchase Agreement dated 8/31/2026, 3.250% due 9/1/2026 with Fixed Income Clearing Corp. collateralized by $103,179,500 of U.S. Treasury Inflation Indexed Note at 0.375% due 1/15/2027; value: $141,417,481; proceeds: $138,656,944 (cost $138,644,427) | $ | 138,644,427 | $ | 138,644,427 | ||||
| Repurchase Agreement dated 8/31/2026, 3.670% due 9/1/2026 with JPMorgan Securities LLC collateralized by $291,933,500 of U.S. Treasury Bond at 4.375% due 5/15/2034; value: $290,816,327; proceeds: $285,029,054 (cost $285,000,000) | 285,000,000 | 285,000,000 | ||||||
| Total Repurchase Agreements (cost $423,644,427) | 423,644,427 | |||||||
| TIME DEPOSITS 0.14% | ||||||||
| CitiBank N.A.(l) (cost $6,242,996) | 6,242,996 | 6,242,996 | ||||||
| Shares | ||||||||
| MONEY MARKET FUNDS 1.22% | ||||||||
| Fidelity Government Portfolio(l) (cost $56,186,968) | 56,186,968 | 56,186,968 | ||||||
| Total Short-Term Investments (cost $486,074,391) | 486,074,391 | |||||||
| Total Investments in Securities 104.74% (cost $4,764,027,921) | 4,805,668,746 | |||||||
| Less Unfunded Loan Commitments (0.57%) (cost $25,936,225) | (26,199,781 | ) | ||||||
| Net Investments in Securities 104.17% (cost $4,738,091,696) | 4,779,468,965 | |||||||
| Other Assets and Liabilities – Net (4.17)% | (191,175,964 | ) | ||||||
| Net Assets 100.00% | $ | 4,588,293,001 | ||||||
| EUR | Euro. | |
| GBP | British Pound. | |
| ETF | Exchange Traded Fund. | |
| EURIBOR | Euro Interbank Offered Rate. | |
| PIK | Payment-in-kind. | |
| SOFR | Secured Overnight Financing Rate. | |
| SONIA | Sterling Overnight Index Average. | |
| ‡ | Principal Amount is denominated in U.S. dollars unless otherwise noted. | |
| † | Security was purchased pursuant to Rule 144A under the Securities Act of 1933 and, unless registered under such Act or exempted from registration, may only be resold to qualified institutional buyers. At August 31, 2026, the total value of Rule 144A securities was $436,569,683, which represents 9.51% of net assets. | |
| # | Variable rate security. The interest rate represents the rate in effect at August 31, 2026. | |
| * | Non-income producing security. | |
| (a) | Securities purchased on a when-issued basis. | |
| (b) | Interest rate to be determined. | |
| (c) | Level 3 Investment as described in Note 2(a) in the Notes to Schedule of Investments. Security fair valued by the Pricing Committee. |
| See Notes to Schedule of Investments. | 91 |
Schedule of Investments (unaudited)(continued)
FLOATING RATE FUND August 31, 2026
| (d) | Level 3 Investment as described in Note 2(a) in the Notes to Schedule of Investments. Security valued utilizing third party pricing information without adjustment. Such valuations are based on unobservable inputs. A significant change in third party information could result in a significantly lower or higher value of such Level 3 investments. | |
| (e) | Foreign security traded in U.S. dollars. | |
| (f) | All or a portion of this security is temporarily on loan to unaffiliated broker/dealers. | |
| (g) | Defaulted. | |
| (h) | Security has been deemed worthless. | |
| (i) | Floating Rate Loans in which the Fund invests generally pay interest at rates which are periodically re-determined at a margin above the SOFR or the prime rate offered by major U.S. banks. The rate(s) shown is the rate(s) in effect at August 31, 2026. | |
| (j) | Security partially/fully unfunded. | |
| (k) | Level 3 Investment as described in Note 2(a) in the Notes to Schedule of Investments. Floating Rate Loans categorized as Level 3 are valued based on a single quotation obtained from a dealer. Generally accepted accounting principles in the United States of America do not require the Fund to create quantitative unobservable inputs that were not developed by the Fund. Therefore, the Fund does not have access to unobservable inputs and cannot disclose such inputs in the valuation. | |
| (l) | Security was purchased with the cash collateral from loaned securities. |
Centrally Cleared Interest Rate Swap Contracts at August 31, 2026:
| Periodic Payments to be Made By The Fund (Quarterly) | Periodic Payments to be Received By The Fund (Quarterly) | Termination Date | Notional Amount | Upfront Payments Paid/ (Received) Net of Amortization | Unrealized Appreciation/ (Depreciation) | Value | ||||||||||||||
| 1.220% | 12-Month USD SOFR Index | 10/15/2029 | $ | 9,775,000 | $ | – | $ | 851,999 | $ | 851,999 | ||||||||||
| 1.225% | 12-Month USD SOFR Index | 1/15/2030 | 12,445,000 | – | 1,165,107 | 1,165,107 | ||||||||||||||
| 2.476% | 12-Month USD SOFR Index | 10/1/2029 | 13,498,000 | – | 675,575 | 675,575 | ||||||||||||||
| 2.489% | 12-Month USD SOFR Index | 8/1/2029 | 9,592,000 | – | 452,009 | 452,009 | ||||||||||||||
| 3.782% | 12-Month USD SOFR Index | 5/7/2031 | 44,000,000 | – | 827,881 | 827,881 | ||||||||||||||
| 3.820% | 12-Month USD SOFR Index | 11/15/2030 | 2,835,000 | 2,554 | 40,764 | 43,318 | ||||||||||||||
| 3.839% | 12-Month USD SOFR Index | 5/15/2031 | 18,836,000 | 18,970 | 291,484 | 310,454 | ||||||||||||||
| 3.839% | 12-Month USD SOFR Index | 6/1/2031 | 6,594,000 | 6,748 | 102,868 | 109,616 | ||||||||||||||
| 3.840% | 12-Month USD SOFR Index | 2/14/2031 | 13,152,730 | – | 201,754 | 201,754 | ||||||||||||||
| 3.844% | 12-Month USD SOFR Index | 7/15/2030 | 8,711,000 | – | 116,383 | 116,383 | ||||||||||||||
| 3.855% | 12-Month USD SOFR Index | 11/15/2031 | 9,255,000 | 9,171 | 152,613 | 161,784 | ||||||||||||||
| 3.857% | 12-Month USD SOFR Index | 2/1/2030 | 12,164,000 | – | 137,376 | 137,376 | ||||||||||||||
| 92 | See Notes to Schedule of Investments. |
Schedule of Investments (unaudited)(continued)
FLOATING RATE FUND August 31, 2026
| Periodic Payments to be Made By The Fund (Quarterly) | Periodic Payments to be Received By The Fund (Quarterly) | Termination Date | Notional Amount | Upfront Payments Paid/ (Received) Net of Amortization | Unrealized Appreciation/ (Depreciation) | Value | ||||||||||||||
| 3.857% | 12-Month USD SOFR Index | 2/15/2031 | $ | 5,319,000 | $ | – | $ | 78,624 | $ | 78,624 | ||||||||||
| 3.866% | 12-Month USD SOFR Index | 5/15/2031 | 4,298,000 | – | 65,882 | 65,882 | ||||||||||||||
| 3.870% | 12-Month USD SOFR Index | 6/1/2033 | 8,569,000 | – | 200,159 | 200,159 | ||||||||||||||
| 3.908% | 12-Month USD SOFR Index | 2/1/2033 | 13,370,000 | 13,660 | 249,060 | 262,720 | ||||||||||||||
| 3.922% | 12-Month USD SOFR Index | 12/15/2032 | 13,700,000 | – | 250,720 | 250,720 | ||||||||||||||
| 3.941% | 12-Month USD SOFR Index | 10/15/2033 | 4,021,000 | (15,523 | ) | 98,893 | 83,370 | |||||||||||||
| 3.952% | 12-Month USD SOFR Index | 1/15/2034 | 10,718,000 | 10,554 | 216,533 | 227,087 | ||||||||||||||
| 3.960% | 12-Month USD SOFR Index | 3/15/2034 | 4,413,000 | 3,988 | 90,636 | 94,624 | ||||||||||||||
| 3.971% | 12-Month USD SOFR Index | 6/1/2034 | 4,711,000 | 4,221 | 98,446 | 102,667 | ||||||||||||||
| 3.984% | 12-Month USD SOFR Index | 5/15/2034 | 18,878,000 | – | 391,545 | 391,545 | ||||||||||||||
| 3.993% | 12-Month USD SOFR Index | 7/31/2034 | 4,285,000 | – | 90,076 | 90,076 | ||||||||||||||
| 4.041% | 12-Month USD SOFR Index | 1/15/2036 | 6,034,868 | 4,670 | 140,394 | 145,064 | ||||||||||||||
| 4.092% | 12-Month USD SOFR Index | 8/13/2031 | 16,449,000 | – | 98,308 | 98,308 | ||||||||||||||
| 4.112% | 12-Month USD SOFR Index | 12/31/2030 | 4,918,000 | 1,232 | 19,089 | 20,321 | ||||||||||||||
| 4.117% | 12-Month USD SOFR Index | 5/15/2030 | 4,099,000 | – | 13,707 | 13,707 | ||||||||||||||
| 4.117% | 12-Month USD SOFR Index | 6/15/2031 | 8,082,000 | 2,600 | 34,659 | 37,259 | ||||||||||||||
| 4.120% | 12-Month USD SOFR Index | 8/1/2031 | 9,391,000 | 3,076 | 41,367 | 44,443 | ||||||||||||||
| 4.122% | 12-Month USD SOFR Index | 7/15/2031 | 4,517,000 | – | 20,707 | 20,707 | ||||||||||||||
| 4.124% | 12-Month USD SOFR Index | 1/15/2032 | 8,731,000 | (4,323 | ) | 48,895 | 44,572 | |||||||||||||
| 4.125% | 12-Month USD SOFR Index | 2/1/2033 | 3,762,000 | – | 27,652 | 27,652 | ||||||||||||||
| See Notes to Schedule of Investments. | 93 |
Schedule of Investments (unaudited)(continued)
FLOATING RATE FUND August 31, 2026
| Periodic Payments to be Made By The Fund (Quarterly) | Periodic Payments to be Received By The Fund (Quarterly) | Termination Date | Notional Amount | Upfront Payments Paid/ (Received) Net of Amortization | Unrealized Appreciation/ (Depreciation) | Value | ||||||||||||||
| 4.137% | 12-Month USD SOFR Index | 7/1/2032 | $ | 9,387,000 | $ | – | $ | 52,053 | $ | 52,053 | ||||||||||
| 4.169% | 12-Month USD SOFR Index | 5/15/2034 | 2,219,000 | 2,576 | 16,128 | 18,704 | ||||||||||||||
| 4.176% | 12-Month USD SOFR Index | 2/1/2034 | 8,449,000 | – | 59,914 | 59,914 | ||||||||||||||
| 4.177% | 12-Month USD SOFR Index | 3/15/2034 | 7,507,000 | – | 55,141 | 55,141 | ||||||||||||||
| 4.228% | 12-Month USD SOFR Index | 10/1/2034 | 14,087,000 | – | 80,078 | 80,078 | ||||||||||||||
| Total | $ | 64,174 | $ | 7,554,479 | $ | 7,618,653 | ||||||||||||||
| SOFR | Secured Overnight Financing Rate. |
Total Return Swap Contracts at August 31, 2026:
| Swap Counterparty | Referenced Index* | Referenced Spread | Units | Position | Termination Date | Notional Amount | Upfront Payments Paid/ (Received) Net of Amortization | Unrealized Appreciation | Value | |||||||||||||||||
| Morgan Stanley | IBOXX | 12-Month USD SOFR Index | 87,837 | Long | 9/20/2026 | $ | 20,185,000 | $ | 17 | $ | 489,676 | $ | 489,693 | |||||||||||||
| Morgan Stanley | IBOXX | 12-Month USD SOFR Index | 665,655 | Long | 9/21/2026 | 153,500,000 | 843 | 3,177,658 | 3,178,501 | |||||||||||||||||
| Morgan Stanley | IBOXX | 12-Month USD SOFR Index | 27,004 | Long | 12/20/2026 | 6,321,680 | (27,296 | ) | 52,647 | 25,351 | ||||||||||||||||
| Total | $ | 180,006,680 | $ | (26,436 | ) | $ | 3,719,981 | $ | 3,693,545 | |||||||||||||||||
| SOFR | Secured Overnight Financing Rate. | |
| * | iBoxx Leveraged Loan Index. |
| 94 | See Notes to Schedule of Investments. |
Schedule of Investments (unaudited)(continued)
FLOATING RATE FUND August 31, 2026
Forward Foreign Currency Exchange Contracts at August 31, 2026:
| Forward Foreign Currency Exchange Contracts | Transaction Type | Counterparty | Expiration Date | Foreign Currency | U.S. $ Cost on Origination Date | U.S. $ Current Value | Unrealized Appreciation | |||||||||||||
| Euro | Buy | Barclays Bank PLC | 9/18/2026 | 3,012,000 | $ | 3,495,619 | $ | 3,500,779 | $ | 5,160 | ||||||||||
| Euro | Buy | Barclays Bank PLC | 9/18/2026 | 4,563,000 | 5,230,229 | 5,303,470 | 73,241 | |||||||||||||
| Euro | Buy | Barclays Bank PLC | 9/18/2026 | 2,511,000 | 2,864,245 | 2,918,478 | 54,233 | |||||||||||||
| Euro | Buy | Morgan Stanley | 9/18/2026 | 1,875,000 | 2,143,531 | 2,179,270 | 35,739 | |||||||||||||
| Euro | Buy | State Street Bank And Trust | 9/18/2026 | 20,195,000 | 23,064,479 | 23,472,185 | 407,706 | |||||||||||||
| Euro | Buy | State Street Bank And Trust | 9/18/2026 | 990,000 | 1,139,200 | 1,150,654 | 11,454 | |||||||||||||
| Euro | Sell | Citibank | 9/18/2026 | 8,420,000 | 9,822,844 | 9,786,373 | 36,471 | |||||||||||||
| Euro | Sell | Morgan Stanley | 9/18/2026 | 211,500,000 | 246,744,296 | 245,821,600 | 922,696 | |||||||||||||
| Euro | Sell | State Street Bank And Trust | 9/18/2026 | 898,000 | 1,050,692 | 1,043,725 | 6,967 | |||||||||||||
| Total Unrealized Appreciation on Forward Foreign Currency Exchange Contracts | $ | 1,553,667 | ||||||||||||||||||
| Forward Foreign Currency Exchange Contracts | Transaction Type | Counterparty | Expiration Date | Foreign Currency | U.S. $ Cost on Origination Date | U.S. $ Current Value | Unrealized Depreciation | |||||||||||||
| Euro | Buy | Bank of America | 9/18/2026 | 7,885,000 | $ | 9,188,568 | $ | 9,164,555 | $ | (24,013 | ) | |||||||||
| Euro | Buy | State Street Bank And Trust | 9/18/2026 | 1,440,000 | 1,682,889 | 1,673,679 | (9,210 | ) | ||||||||||||
| Euro | Buy | State Street Bank And Trust | 9/18/2026 | 1,874,000 | 2,181,093 | 2,178,107 | (2,986 | ) | ||||||||||||
| British pound | Sell | State Street Bank And Trust | 11/6/2026 | 6,312,000 | 8,499,140 | 8,553,742 | (54,602 | ) | ||||||||||||
| Euro | Sell | Bank of America | 9/18/2026 | 987,000 | 1,129,878 | 1,147,167 | (17,289 | ) | ||||||||||||
| Euro | Sell | State Street Bank And Trust | 9/18/2026 | 2,694,000 | 3,118,939 | 3,131,174 | (12,235 | ) | ||||||||||||
| Euro | Sell | State Street Bank And Trust | 9/18/2026 | 3,758,000 | 4,294,026 | 4,367,837 | (73,811 | ) | ||||||||||||
| Euro | Sell | State Street Bank And Trust | 9/18/2026 | 5,604,000 | 6,421,002 | 6,513,401 | (92,399 | ) | ||||||||||||
| Euro | Sell | State Street Bank And Trust | 9/18/2026 | 3,990,000 | 4,563,003 | 4,637,486 | (74,483 | ) | ||||||||||||
| Euro | Sell | State Street Bank And Trust | 9/18/2026 | 6,719,000 | 7,688,898 | 7,809,340 | (120,442 | ) | ||||||||||||
| Euro | Sell | State Street Bank And Trust | 9/18/2026 | 1,877,000 | 2,148,202 | 2,181,594 | (33,392 | ) | ||||||||||||
| Euro | Sell | State Street Bank And Trust | 9/18/2026 | 950,000 | 1,083,001 | 1,104,163 | (21,162 | ) | ||||||||||||
| Euro | Sell | State Street Bank And Trust | 9/18/2026 | 982,000 | 1,129,389 | 1,141,356 | (11,967 | ) | ||||||||||||
| Euro | Sell | State Street Bank And Trust | 9/18/2026 | 5,636,000 | 6,514,402 | 6,550,594 | (36,192 | ) | ||||||||||||
| Total Unrealized Depreciation on Forward Foreign Currency Exchange Contracts | $ | (584,183 | ) | |||||||||||||||||
| See Notes to Schedule of Investments. | 95 |
Schedule of Investments (unaudited)(continued)
FLOATING RATE FUND August 31, 2026
Futures Contracts at August 31, 2026:
| Type | Expiration | Contracts | Position | Notional Amount |
Notional Value |
Unrealized Depreciation |
|||||||
| U.S. 2-Year Treasury Note | December 2026 | 2,085 | Long | $ 428,990,689 | $ 427,913,674 | $ (1,077,015) |
The following is a summary of the inputs used as of August 31, 2026 in valuing the Fund’s investments carried at fair value(1):
| Investment Type(2) | Level 1 | Level 2 | Level 3 | Total | ||||||||||||
| Long-Term Investments | ||||||||||||||||
| Asset-Backed Securities | $ | – | $ | 27,616,092 | $ | – | $ | 27,616,092 | ||||||||
| Common Stocks | ||||||||||||||||
| Health Care Providers & Services | – | 8,592,602 | – | 8,592,602 | ||||||||||||
| Hotels, Restaurants & Leisure | – | – | 2,099,174 | 2,099,174 | ||||||||||||
| Miscellaneous Financials | – | 9,223,585 | – | 9,223,585 | ||||||||||||
| Personal Care Products | – | 632,112 | – | 632,112 | ||||||||||||
| Transportation Infrastructure | – | 2,131,045 | – | 2,131,045 | ||||||||||||
| Remaining Industries | 60,713,938 | – | – | 60,713,938 | ||||||||||||
| Corporate Bonds | – | 453,691,756 | – | 453,691,756 | ||||||||||||
| Exchange-Traded Funds | 65,381,432 | – | – | 65,381,432 | ||||||||||||
| Floating Rate Loans | ||||||||||||||||
| Commercial Services | – | 288,815,302 | 5,369,647 | 294,184,949 | ||||||||||||
| Computers | – | 43,947,298 | 9,197,293 | 53,144,591 | ||||||||||||
| Health Care Services | – | 118,892,350 | 3,288,320 | 122,180,670 | ||||||||||||
| Pharmaceuticals | – | 91,814,378 | 49,000 | 91,863,378 | ||||||||||||
| Real Estate | – | 20,582,136 | 5,697,756 | 26,279,892 | ||||||||||||
| Software | – | 470,818,735 | 905,291 | 471,724,026 | ||||||||||||
| Remaining Industries | – | 2,610,715,069 | – | 2,610,715,069 | ||||||||||||
| Less Unfunded Loan Commitments | – | (26,199,781 | ) | – | (26,199,781 | ) | ||||||||||
| Preferred Stocks | – | 19,272,704 | – | 19,272,704 | ||||||||||||
| Warrants | ||||||||||||||||
| Miscellaneous Financials | – | – | 0 | 0 | ||||||||||||
| Specialty Retail | – | 147,340 | – | 147,340 | ||||||||||||
| Short-Term Investments | ||||||||||||||||
| Repurchase Agreements | – | 423,644,427 | – | 423,644,427 | ||||||||||||
| Time Deposits | – | 6,242,996 | – | 6,242,996 | ||||||||||||
| Money Market Funds | 56,186,968 | – | – | 56,186,968 | ||||||||||||
| Total | $ | 182,282,338 | $ | 4,570,580,146 | $ | 26,606,481 | $ | 4,779,468,965 | ||||||||
| 96 | See Notes to Schedule of Investments. |
Schedule of Investments (unaudited)(concluded)
FLOATING RATE FUND August 31, 2026
| Investment Type(2) | Level 1 | Level 2 | Level 3 | Total | ||||||||||||
| Other Financial Instruments | ||||||||||||||||
| Centrally Cleared Interest Rate Swap Contracts | ||||||||||||||||
| Assets | $ | – | $ | 7,618,653 | $ | – | $ | 7,618,653 | ||||||||
| Liabilities | – | – | – | – | ||||||||||||
| Total Return Swap Contracts | ||||||||||||||||
| Assets | – | 3,693,545 | – | 3,693,545 | ||||||||||||
| Liabilities | – | – | – | – | ||||||||||||
| Forward Foreign Currency Exchange Contracts | ||||||||||||||||
| Assets | – | 1,553,667 | – | 1,553,667 | ||||||||||||
| Liabilities | – | (584,183 | ) | – | (584,183 | ) | ||||||||||
| Futures Contracts | ||||||||||||||||
| Assets | – | – | – | – | ||||||||||||
| Liabilities | (1,077,015 | ) | – | – | (1,077,015 | ) | ||||||||||
| Total | $ | (1,077,015 | ) | $ | 12,281,682 | $ | – | $ | 11,204,667 | |||||||
| (1) | Refer to Note 2(a) for a description of fair value measurements and the three-tier hierarchy of inputs. | |
| (2) | See Schedule of Investments for fair values in each industry and identification of foreign issuers and/or geography. The table above is presented by Investment Type. When applicable, each Level 3 security is identified on the Schedule of Investments along with the valuation technique utilized. |
A reconciliation of Level 3 investments is presented when the Fund has a material amount of Level 3 investments at the beginning or end of the period in relation to the Fund’s net assets. Management has determined not to provide a reconciliation and a summary of unobservable inputs as the balance of Level 3 investments was not considered to be material to the Fund’s net assets at the beginning or end of the period.
| See Notes to Schedule of Investments. | 97 |
Schedule of Investments (unaudited)
HIGH YIELD FUND August 31, 2026
| Investments | Shares | Fair Value | ||||||
| LONG-TERM INVESTMENTS 99.01% | ||||||||
| COMMON STOCKS 1.42% | ||||||||
| Aerospace & Defense 1.08% | ||||||||
| DCP Holdings PLC* | 831,238 | $ | 34,878,746 | |||||
| Commercial Services & Supplies 0.01% | ||||||||
| Claire’s Holdings LLC* | 7,481 | 0 | (a) | |||||
| Labels Buyer LLC* | 3,387 | 243,581 | ||||||
| Total | 243,581 | |||||||
| Energy Equipment & Services 0.11% | ||||||||
| Cactus, Inc. Class A | 49,479 | 3,479,363 | ||||||
| Health Care Providers & Services 0.05% | ||||||||
| Recovery Solutions LLC* | 74,342 | 1,691,281 | ||||||
| Hotels, Restaurants & Leisure 0.00% | ||||||||
| GPS Hospitality Operating Co. LLC/GPS New Finco, Inc.* | 104,453 | 104,453 | (a) | |||||
| Machinery 0.00% | ||||||||
| TNT Crane & Rigging, Inc.* | 14,844 | 705 | ||||||
| Miscellaneous Financials 0.05% | ||||||||
| Utex Industries* | 49,219 | 1,525,789 | ||||||
| Personal Care Products 0.07% | ||||||||
| Anastasia Parent LLC* | 24,228 | 193,824 | ||||||
| Britax Group Ltd.* | 2,481 | 0 | ||||||
| Gibson Brands Private Equity* | 33,017 | 2,146,105 | ||||||
| Total | 2,339,929 | |||||||
| Real Estate Management & Development 0.02% | ||||||||
| Shimao Group Holdings Ltd.*(b) | 34,732,707 | 251,822 | ||||||
| Sunac China Holdings Ltd.*(b) | 7,107,696 | 547,034 | ||||||
| Total | 798,856 | |||||||
| Specialty Retail 0.01% | ||||||||
| Chinos Intermediate Holdings A, Inc.* | 47,809 | 364,544 | ||||||
| Transportation Infrastructure 0.02% | ||||||||
| ACBL Holdings Corp.* | 14,214 | 497,490 | ||||||
| Total Common Stocks (cost $39,924,682) | 45,924,737 | |||||||
| 98 | See Notes to Schedule of Investments. |
Schedule of Investments (unaudited)(continued)
HIGH YIELD FUND August 31, 2026
| Investments | Interest Rate | Maturity Date | Principal Amount‡ | Fair Value | ||||||||
| CONVERTIBLE BONDS 1.55% | ||||||||||||
| Aerospace/Defense 0.11% | ||||||||||||
| Astronics Corp.† | Zero Coupon | 1/15/2031 | $ | 2,020,000 | $ | 3,545,504 | ||||||
| Biotechnology 0.10% | ||||||||||||
| Halozyme Therapeutics, Inc.(c) | 1.00% | 8/15/2028 | 1,697,000 | 3,248,058 | ||||||||
| Energy-Alternate Sources 0.09% | ||||||||||||
| Green Plains, Inc. | 5.25% | 11/1/2030 | 2,242,000 | 2,953,835 | ||||||||
| Equity Real Estate 0.02% | ||||||||||||
| Sunac China Holdings Ltd. (China)†(d) | Zero Coupon | 6/23/2028 | 4,138,823 | 583,988 | ||||||||
| Health Care-Products 0.11% | ||||||||||||
| Guardant Health, Inc. | 1.25% | 2/15/2031 | 1,280,000 | 3,382,784 | ||||||||
| Internet 0.20% | ||||||||||||
| DoorDash, Inc. | Zero Coupon | 5/15/2030 | 3,021,000 | 3,234,736 | ||||||||
| Robinhood Markets, Inc.† | Zero Coupon | 10/1/2029 | 3,150,000 | 3,198,325 | ||||||||
| Total | 6,433,061 | |||||||||||
| Media 0.10% | ||||||||||||
| Sphere Entertainment Co. | 3.50% | 12/1/2028 | 830,000 | 3,219,155 | ||||||||
| Oil & Gas 0.10% | ||||||||||||
| Nabors Industries, Inc. | 1.75% | 6/15/2029 | 3,428,000 | 3,332,016 | ||||||||
| Pharmaceuticals 0.10% | ||||||||||||
| Jazz Investments I Ltd. (Ireland)(d) | 3.125% | 9/15/2030 | 1,919,000 | 3,353,452 | ||||||||
| REITS 0.10% | ||||||||||||
| Pebblebrook Hotel Trust† | 1.625% | 1/15/2030 | 2,457,000 | 3,116,704 | ||||||||
| Retail 0.21% | ||||||||||||
| Cheesecake Factory, Inc. | 2.00% | 3/15/2030 | 2,208,000 | 3,624,432 | ||||||||
| Cracker Barrel Old Country Store, Inc.(c) | 1.75% | 9/15/2030 | 3,132,000 | 3,261,978 | ||||||||
| Total | 6,886,410 | |||||||||||
| Semiconductors 0.09% | ||||||||||||
| SiTime Corp.(c) | Zero Coupon | 6/15/2031 | 3,023,000 | 2,967,075 | ||||||||
| Software 0.22% | ||||||||||||
| Cloudflare, Inc. | Zero Coupon | 6/15/2030 | 2,363,000 | 3,418,976 | ||||||||
| Snowflake, Inc. | Zero Coupon | 10/1/2029 | 1,616,000 | 3,552,938 | ||||||||
| Total | 6,971,914 | |||||||||||
| Total Convertible Bonds (cost $47,538,279) | 49,993,956 | |||||||||||
| See Notes to Schedule of Investments. | 99 |
Schedule of Investments (unaudited)(continued)
HIGH YIELD FUND August 31, 2026
| Investments | Interest Rate | Maturity Date | Principal Amount‡ | Fair Value | ||||||||
| CORPORATE BONDS 89.73% | ||||||||||||
| Advertising 0.34% | ||||||||||||
| Lamar Media Corp. | 3.625% | 1/15/2031 | $ | 3,464,000 | $ | 3,227,528 | ||||||
| Neptune Bidco U.S., Inc.† | 9.50% | 2/15/2033 | 4,380,000 | 4,502,601 | ||||||||
| Outfront Media Capital LLC/Outfront Media Capital Corp.† | 7.375% | 2/15/2031 | 3,114,000 | 3,233,817 | ||||||||
| Total | 10,963,946 | |||||||||||
| Aerospace/Defense 1.87% | ||||||||||||
| Bombardier, Inc. (Canada)†(d) | 7.00% | 6/1/2032 | 6,640,000 | 6,870,541 | ||||||||
| Bombardier, Inc. (Canada)†(d) | 7.25% | 7/1/2031 | 3,457,000 | 3,617,930 | ||||||||
| Bombardier, Inc. (Canada)†(d) | 7.45% | 5/1/2034 | 6,055,000 | 6,654,142 | ||||||||
| Efesto Bidco SpA Efesto U.S. LLC (Italy)†(d) | 7.50% | 2/15/2032 | 9,011,000 | 9,160,096 | ||||||||
| Goat Holdco LLC† | 6.75% | 2/1/2032 | 4,739,000 | 4,838,594 | ||||||||
| Moog, Inc.† | 5.50% | 10/15/2034 | 3,281,000 | 3,206,914 | ||||||||
| TransDigm, Inc.† | 6.00% | 1/15/2033 | 10,986,000 | 11,009,631 | ||||||||
| TransDigm, Inc.† | 6.125% | 7/31/2034 | 3,271,000 | 3,237,389 | ||||||||
| TransDigm, Inc.† | 6.625% | 3/1/2032 | 7,871,000 | 8,047,877 | ||||||||
| TransDigm, Inc.† | 6.75% | 1/31/2034 | 3,558,000 | 3,616,529 | ||||||||
| Total | 60,259,643 | |||||||||||
| Agriculture 0.32% | ||||||||||||
| MHP Lux SA (Luxembourg)†(d) | 10.50% | 7/28/2029 | 1,800,000 | 1,804,663 | ||||||||
| MHP Lux SA (Luxembourg)(d) | 10.50% | 7/28/2029 | 301,000 | 301,780 | ||||||||
| MHP Lux SA (Luxembourg)(d) | 10.50% | 7/28/2029 | 400,000 | 401,036 | ||||||||
| Turning Point Brands, Inc.† | 7.625% | 3/15/2032 | 7,575,000 | 7,757,724 | ||||||||
| Total | 10,265,203 | |||||||||||
| Airlines 1.03% | ||||||||||||
| Alaska Airlines, Inc.† | 6.50% | 6/1/2031 | 3,234,000 | 3,229,988 | ||||||||
| Allegiant Travel Co.† | 7.125% | 7/1/2031 | 5,939,000 | 6,000,614 | ||||||||
| JetBlue Airways Corp./JetBlue Loyalty LP† | 9.875% | 9/20/2031 | 10,192,000 | 8,761,177 | ||||||||
| United Airlines Holdings, Inc. | 5.375% | 3/1/2031 | 4,735,000 | 4,695,493 | ||||||||
| VistaJet Malta Finance PLC/Vista Management Holding, Inc. (Malta)†(d) | 6.375% | 2/1/2030 | 6,543,000 | 6,327,373 | ||||||||
| VistaJet Malta Finance PLC/Vista Management Holding, Inc. (Malta)†(c)(d) | 8.75% | 1/15/2032 | 916,000 | 930,316 | ||||||||
| WestJet An Alberta Partnership (Canada)†(c)(d) | 8.00% | 2/14/2031 | 3,267,000 | 3,146,699 | ||||||||
| Total | 33,091,660 | |||||||||||
| Apparel 0.83% | ||||||||||||
| Beach Acquisition Bidco LLC† | 10.00% | 7/15/2033 | 8,731,454 | 9,376,377 | ||||||||
| Crocs, Inc.†(c) | 4.125% | 8/15/2031 | 5,380,000 | 5,000,256 | ||||||||
| 100 | See Notes to Schedule of Investments. |
Schedule of Investments (unaudited)(continued)
HIGH YIELD FUND August 31, 2026
| Investments | Interest Rate | Maturity Date | Principal Amount‡ | Fair Value | ||||||||
| Apparel (continued) | ||||||||||||
| VF Corp. | 6.00% | 10/15/2033 | $ | 4,347,000 | $ | 4,248,254 | ||||||
| William Carter Co.†(c) | 7.375% | 2/15/2031 | 7,913,000 | 8,179,320 | ||||||||
| Total | 26,804,207 | |||||||||||
| Auto Manufacturers 2.11% | ||||||||||||
| Aston Martin Capital Holdings Ltd. (United Kingdom)†(d) | 10.00% | 3/31/2029 | 6,833,000 | 4,011,723 | ||||||||
| Ford Motor Credit Co. LLC | 7.20% | 6/10/2030 | 4,523,000 | 4,741,864 | ||||||||
| Ford Motor Credit Co. LLC | 7.35% | 3/6/2030 | 6,046,000 | 6,356,174 | ||||||||
| JB Poindexter & Co., Inc.† | 8.75% | 12/15/2031 | 4,631,000 | 4,786,157 | ||||||||
| New Flyer Holdings, Inc.† | 9.25% | 7/1/2030 | 3,334,000 | 3,580,539 | ||||||||
| Nissan Motor Acceptance Co. LLC† | 6.125% | 9/30/2030 | 6,854,000 | 6,746,735 | ||||||||
| Nissan Motor Acceptance Co. LLC† | 7.05% | 9/15/2028 | 1,992,000 | 2,035,169 | ||||||||
| Nissan Motor Co. Ltd. (Japan)†(d) | 4.81% | 9/17/2030 | 18,688,000 | 17,417,185 | ||||||||
| Nissan Motor Co. Ltd. (Japan)†(d) | 7.75% | 7/17/2032 | 2,863,000 | 2,972,523 | ||||||||
| Nissan Motor Co. Ltd. (Japan)†(d) | 8.125% | 7/17/2035 | 3,487,000 | 3,704,869 | ||||||||
| NM Holdings Co. LLC(e) | Zero Coupon | – | 250,000 | 0 | ||||||||
| Rivian Holdings LLC/Rivian LLC/Rivian Automotive LLC† | 10.00% | 1/15/2031 | 7,657,000 | 7,829,803 | ||||||||
| Wabash National Corp.† | 4.50% | 10/15/2028 | 4,012,000 | 3,784,829 | ||||||||
| Total | 67,967,570 | |||||||||||
| Auto Parts & Equipment 2.28% | ||||||||||||
| American Axle & Manufacturing, Inc.† | 7.75% | 10/15/2033 | 6,354,000 | 6,387,155 | ||||||||
| Aptiv Swiss Holdings Ltd. (Switzerland)(d) | 6.875% (5 yr. CMT + 3.39%) | # | 12/15/2054 | 3,426,000 | 3,457,279 | |||||||
| Clarios Global LP/Clarios U.S. Finance Co.† | 6.75% | 9/15/2032 | 3,278,000 | 3,341,446 | ||||||||
| Cooper-Standard Automotive, Inc.† | 9.25% | 3/1/2031 | 4,452,000 | 4,506,734 | ||||||||
| Cyprium Corp./Cyprium Holdings Luxembourg SARL† | 6.125% | 4/15/2031 | 3,691,000 | 3,690,059 | ||||||||
| Cyprium Corp./Cyprium Holdings Luxembourg SARL† | 6.375% | 4/15/2034 | 3,754,000 | 3,717,949 | ||||||||
| Dexko Global, Inc.†(c) | 7.50% | 4/15/2032 | 8,352,269 | 7,017,516 | ||||||||
| Forvia SE (France)†(c)(d) | 6.75% | 9/15/2033 | 3,667,000 | 3,676,204 | ||||||||
| Forvia SE (France)†(c)(d) | 8.00% | 6/15/2030 | 3,362,000 | 3,529,165 | ||||||||
| Garrett Motion Holdings, Inc./Garrett LX I SARL† | 7.75% | 5/31/2032 | 3,231,000 | 3,363,203 | ||||||||
| Goodyear Tire & Rubber Co.(c) | 5.25% | 7/15/2031 | 5,257,000 | 4,682,978 | ||||||||
| Goodyear Tire & Rubber Co. | 6.625% | 7/15/2030 | 2,744,000 | 2,653,388 | ||||||||
| IHO Verwaltungs GmbH (Germany)†(d) | 8.00% | 11/15/2032 | 8,647,000 | 9,143,788 | ||||||||
| ZF North America Capital, Inc.† | 6.875% | 4/14/2028 | 3,562,000 | 3,623,309 | ||||||||
| ZF North America Capital, Inc.† | 7.125% | 4/14/2030 | 10,524,000 | 10,719,483 | ||||||||
| Total | 73,509,656 | |||||||||||
| See Notes to Schedule of Investments. | 101 |
Schedule of Investments (unaudited)(continued)
HIGH YIELD FUND August 31, 2026
| Investments | Interest Rate | Maturity Date | Principal Amount‡ | Fair Value | ||||||||
| Banks 0.94% | ||||||||||||
| Flagstar Bank NA | 6.803% (3 mo. USD Term SOFR + 3.04%) | # | 11/6/2028 | $ | 7,049,000 | $ | 6,912,753 | |||||
| Independent Bank Corp. | 7.25% (3 mo. USD Term SOFR + 3.53%) | # | 4/1/2035 | 3,897,000 | 4,017,750 | |||||||
| Popular, Inc.(c) | 7.25% | 3/13/2028 | 4,877,000 | 5,005,899 | ||||||||
| Societe Generale SA (France)†(d) | 9.375% (5 yr. CMT + 5.39%) | # | – | (f) | 4,792,000 | 5,002,642 | ||||||
| UBS Group AG (Switzerland)†(d) | 7.75% (5 yr. USD SOFR ICE Swap + 4.16%) | # | – | (f) | 3,120,000 | 3,277,651 | ||||||
| UBS Group AG (Switzerland)†(d) | 9.25% (5 yr. CMT + 4.75%) | # | – | (f) | 1,330,000 | 1,423,460 | ||||||
| Western Alliance Bancorp | 5.918% (3 mo. USD Term SOFR + 2.25%) | # | 6/15/2031 | 4,918,000 | 4,804,438 | |||||||
| Total | 30,444,593 | |||||||||||
| Biotechnology 0.38% | ||||||||||||
| Emergent BioSolutions, Inc.† | 3.875% | 8/15/2028 | 5,214,000 | 4,803,745 | ||||||||
| Genmab AS/Genmab Finance LLC (Denmark)†(d) | 6.25% | 12/15/2032 | 3,270,000 | 3,320,142 | ||||||||
| Genmab AS/Genmab Finance LLC (Denmark)†(d) | 7.25% | 12/15/2033 | 3,875,000 | 4,039,525 | ||||||||
| Total | 12,163,412 | |||||||||||
| Building Materials 1.66% | ||||||||||||
| ACProducts Holdings, Inc.† | 6.375% | 5/15/2032 | 8,117,000 | 3,043,875 | ||||||||
| Ameritex Holdco Intermediate LLC† | 7.625% | 8/15/2033 | 3,192,000 | 3,272,143 | ||||||||
| CP Atlas Buyer, Inc.†(c) | 7.00% | 12/1/2028 | 6,490,000 | 5,613,169 | ||||||||
| EMRLD Borrower LP/Emerald Co-Issuer, Inc.† | 6.625% | 12/15/2030 | 8,992,000 | 9,181,578 | ||||||||
| EMRLD Borrower LP/Emerald Co-Issuer, Inc.† | 6.75% | 7/15/2031 | 3,723,000 | 3,839,192 | ||||||||
| JELD-WEN Holding, Inc.† | 7.00% | 9/1/2032 | 8,463,000 | 5,802,656 | ||||||||
| MIWD Holdco II LLC/MIWD Finance Corp.†(c) | 5.50% | 2/1/2030 | 6,504,000 | 6,150,604 | ||||||||
| Quikrete Holdings, Inc.† | 6.375% | 3/1/2032 | 3,278,000 | 3,320,417 | ||||||||
| Quikrete Holdings, Inc.† | 6.75% | 3/1/2033 | 5,035,000 | 5,117,151 | ||||||||
| Smyrna Ready Mix Concrete LLC† | 8.875% | 11/15/2031 | 7,905,000 | 8,289,246 | ||||||||
| Total | 53,630,031 | |||||||||||
| Chemicals 1.75% | ||||||||||||
| ASP Unifrax Holdings, Inc.†(g) | 7.10% | 9/30/2029 | 4,233,939 | 31,754 | ||||||||
| ASP Unifrax Holdings, Inc.†(g) | 10.425% | 9/30/2029 | 2,539,030 | 914,051 | ||||||||
| Celanese U.S. Holdings LLC | 6.50% | 4/15/2030 | 3,796,000 | 3,869,544 | ||||||||
| Celanese U.S. Holdings LLC | 7.33% | 7/15/2029 | 3,469,000 | 3,620,897 | ||||||||
| Celanese U.S. Holdings LLC(c) | 7.375% | 2/15/2034 | 2,928,000 | 3,035,133 | ||||||||
| Celanese U.S. Holdings LLC | 7.70% | 11/15/2033 | 2,988,000 | 3,192,287 | ||||||||
| 102 | See Notes to Schedule of Investments. |
Schedule of Investments (unaudited)(continued)
HIGH YIELD FUND August 31, 2026
| Investments | Interest Rate | Maturity Date | Principal Amount‡ | Fair Value | ||||||||
| Chemicals (continued) | ||||||||||||
| Cerdia Finanz GmbH (Germany)†(d) | 9.375% | 10/3/2031 | $ | 7,018,000 | $ | 6,374,941 | ||||||
| Chemours Co.† | 8.00% | 1/15/2033 | 8,877,000 | 8,768,055 | ||||||||
| INEOS Quattro Finance 2 PLC (United Kingdom)†(d) | 9.625% | 3/15/2029 | 3,423,000 | 2,994,098 | ||||||||
| Olympus Water U.S. Holding Corp.† | 7.25% | 6/15/2031 | 3,163,000 | 3,216,312 | ||||||||
| Olympus Water U.S. Holding Corp.† | 7.25% | 2/15/2033 | 3,409,000 | 3,414,853 | ||||||||
| Rain Carbon, Inc.†(c) | 12.25% | 9/1/2029 | 8,488,000 | 9,031,945 | ||||||||
| SCIH Salt Holdings, Inc.† | 6.625% | 8/15/2031 | 4,790,000 | 4,840,961 | ||||||||
| WR Grace Holdings LLC† | 6.625% | 8/15/2032 | 3,250,000 | 3,133,264 | ||||||||
| Total | 56,438,095 | |||||||||||
| Coal 0.45% | ||||||||||||
| Alliance Resource Operating Partners LP/Alliance Resource Finance Corp.† | 8.625% | 6/15/2029 | 3,650,000 | 3,802,147 | ||||||||
| Coronado Finance Pty. Ltd. (Australia)†(c)(d) | 9.25% | 10/1/2029 | 4,119,000 | 3,514,908 | ||||||||
| SunCoke Energy, Inc.† | 4.875% | 6/30/2029 | 7,427,000 | 7,183,345 | ||||||||
| Total | 14,500,400 | |||||||||||
| Commercial Services 3.72% | ||||||||||||
| Albion Financing 1 SARL/Aggreko Holdings, Inc. (Luxembourg)†(d) | 7.00% | 5/21/2030 | 3,875,000 | 4,009,559 | ||||||||
| Allied Universal Holdco LLC† | 7.875% | 2/15/2031 | 3,532,000 | 3,675,138 | ||||||||
| Allied Universal Holdco LLC/Allied Universal Finance Corp.† | 6.875% | 6/15/2030 | 3,152,000 | 3,227,415 | ||||||||
| Alta Equipment Group, Inc.†(c) | 9.00% | 6/1/2029 | 6,521,000 | 6,360,550 | ||||||||
| AMN Healthcare, Inc.† | 6.50% | 1/15/2031 | 4,705,000 | 4,758,872 | ||||||||
| Avis Budget Car Rental LLC/Avis Budget Finance, Inc.†(c) | 8.375% | 6/15/2032 | 5,478,000 | 5,587,606 | ||||||||
| BCP V Modular Services Finance PLC | 6.75% | 11/30/2029 | EUR | 6,987,000 | 5,018,787 | |||||||
| Carrix, Inc.† | 6.125% | 8/1/2033 | $ | 4,777,000 | 4,784,855 | |||||||
| CoreCivic, Inc. | 8.25% | 4/15/2029 | 3,266,000 | 3,391,665 | ||||||||
| EquipmentShare.com, Inc.† | 7.125% | 7/1/2034 | 4,768,000 | 4,698,404 | ||||||||
| EquipmentShare.com, Inc.† | 8.625% | 5/15/2032 | 3,751,000 | 3,905,207 | ||||||||
| EquipmentShare.com, Inc.† | 9.00% | 5/15/2028 | 10,456,000 | 10,688,751 | ||||||||
| Garda World Security Corp. (Canada)†(d) | 6.50% | 1/15/2031 | 3,346,000 | 3,397,391 | ||||||||
| GEO Group, Inc. | 8.625% | 4/15/2029 | 3,210,000 | 3,339,751 | ||||||||
| GEO Group, Inc. | 10.25% | 4/15/2031 | 6,049,000 | 6,510,551 | ||||||||
| Herc Holdings, Inc.†(c) | 6.00% | 3/15/2034 | 2,422,000 | 2,390,454 | ||||||||
| Herc Holdings, Inc.† | 7.00% | 6/15/2030 | 4,763,000 | 4,930,748 | ||||||||
| Herc Holdings, Inc.† | 7.25% | 6/15/2033 | 2,567,000 | 2,656,884 | ||||||||
| Hertz Corp.† | 6.00% | 1/15/2028 | 6,517,000 | 0 | (a) | |||||||
| Hertz Corp.†(c) | 12.625% | 7/15/2029 | 3,013,000 | 2,030,559 | ||||||||
| See Notes to Schedule of Investments. | 103 |
Schedule of Investments (unaudited)(continued)
HIGH YIELD FUND August 31, 2026
| Investments | Interest Rate | Maturity Date | Principal Amount‡ | Fair Value | ||||||||
| Commercial Services (continued) | ||||||||||||
| Limak Iskenderun Uluslararasi Liman Isletmeciligi AS (Turkey)(d) | 9.50% | 7/10/2036 | $ | 6,473,479 | $ | 6,609,408 | ||||||
| Mersin Uluslararasi Liman Isletmeciligi AS (Turkey)†(d) | 8.25% | 11/15/2028 | 3,276,000 | 3,359,572 | ||||||||
| Port of Newcastle Investments Financing Pty.Ltd. (Australia)†(c)(d) | 5.90% | 11/24/2031 | 4,794,000 | 4,841,464 | ||||||||
| RR Donnelley & Sons Co.† | 9.50% | 8/1/2029 | 3,750,000 | 3,910,154 | ||||||||
| Sotheby’s† | 8.25% | 4/15/2031 | 6,108,000 | 6,190,537 | ||||||||
| Synergy Infrastructure Holdings LLC† | 7.00% | 7/15/2034 | 5,842,000 | 5,946,449 | ||||||||
| Synergy Infrastructure Holdings LLC† | 7.875% | 12/1/2030 | 3,351,000 | 3,528,707 | ||||||||
| Total | 119,749,438 | |||||||||||
| Computers 0.45% | ||||||||||||
| CACI International, Inc.† | 6.375% | 6/15/2033 | 4,895,000 | 4,963,212 | ||||||||
| Crane NXT Co. | 4.20% | 3/15/2048 | 4,963,000 | 3,102,967 | ||||||||
| PCC Global PLC | 8.25% | 11/15/2030 | EUR | 3,022,000 | 2,902,580 | |||||||
| Seagate Data Storage Technology Pte. Ltd. (Singapore)(d) | 5.75% | 12/1/2034 | $ | 3,421,000 | 3,404,442 | |||||||
| Total | 14,373,201 | |||||||||||
| Cosmetics/Personal Care 0.37% | ||||||||||||
| Opal Bidco SAS (France)†(d) | 6.50% | 3/31/2032 | 3,246,000 | 3,278,736 | ||||||||
| P&L Development LLC/PLD Finance Corp.† | 12.00% | 5/15/2029 | 5,968,503 | 5,596,187 | ||||||||
| Perrigo Finance Unlimited Co. (Ireland)(c)(d) | 6.125% | 9/30/2032 | 3,254,000 | 3,194,302 | ||||||||
| Total | 12,069,225 | |||||||||||
| Distribution/Wholesale 0.52% | ||||||||||||
| ADI Global Distribution Funding LLC† | 7.125% | 7/15/2034 | 3,272,000 | 3,383,279 | ||||||||
| Resideo Funding II LLC† | 6.50% | 7/15/2032 | 3,375,000 | 3,343,479 | ||||||||
| Velocity Vehicle Group LLC† | 8.00% | 6/1/2029 | 6,716,000 | 6,731,373 | ||||||||
| Veritiv Operating Co.† | 10.50% | 11/30/2030 | 3,243,000 | 3,391,072 | ||||||||
| Total | 16,849,203 | |||||||||||
| Diversified Financial Services 4.71% | ||||||||||||
| Ally Financial, Inc. | 7.10% (5 yr. CMT + 3.15%) | # | – | (f) | 3,394,000 | 3,434,681 | ||||||
| Aretec Group, Inc.† | 10.00% | 8/15/2030 | 3,270,000 | 3,447,796 | ||||||||
| Atlanticus Holdings Corp.† | 9.75% | 9/1/2030 | 4,811,000 | 4,905,416 | ||||||||
| Azorra Finance Ltd. (Cayman Islands)†(d) | 6.25% | 2/15/2034 | 2,486,000 | 2,461,090 | ||||||||
| Azorra Finance Ltd. (Cayman Islands)†(d) | 7.25% | 1/15/2031 | 1,466,000 | 1,518,281 | ||||||||
| Bread Financial Holdings, Inc.† | 6.75% | 5/15/2031 | 3,919,000 | 4,007,424 | ||||||||
| Coinbase Global, Inc.† | 3.625% | 10/1/2031 | 5,354,000 | 4,731,650 | ||||||||
| CrossCountry Intermediate HoldCo LLC† | 6.50% | 10/1/2030 | 3,230,000 | 3,148,153 | ||||||||
| 104 | See Notes to Schedule of Investments. |
Schedule of Investments (unaudited)(continued)
HIGH YIELD FUND August 31, 2026
| Investments | Interest Rate | Maturity Date | Principal Amount‡ | Fair Value | ||||||||
| Diversified Financial Services (continued) | ||||||||||||
| CrossCountry Intermediate HoldCo LLC† | 6.75% | 12/1/2032 | $ | 1,093,000 | $ | 1,047,581 | ||||||
| Encore Capital Group, Inc.† | 6.625% | 6/1/2032 | 3,967,000 | 3,981,363 | ||||||||
| EZCORP, Inc.† | 7.375% | 4/1/2032 | 6,846,000 | 7,135,189 | ||||||||
| Freedom Funding Center LLC†(c) | 12.00% | 10/1/2037 | 3,058,000 | 3,136,285 | ||||||||
| Freedom Mortgage Holdings LLC† | 9.125% | 5/15/2031 | 5,099,000 | 5,268,134 | ||||||||
| GGAM Finance Ltd. (Ireland)†(d) | 6.875% | 4/15/2029 | 2,103,000 | 2,142,454 | ||||||||
| ILFC E-Capital Trust I† | 6.48%#(h) | 12/21/2065 | 3,413,000 | 3,005,368 | ||||||||
| ILFC E-Capital Trust II†(c) | 6.73%#(h) | 12/21/2065 | 3,031,000 | 2,738,118 | ||||||||
| Jane Street Group/JSG Finance, Inc.† | 7.686% | 8/13/2033 | 8,400,000 | 8,620,500 | ||||||||
| Jane Street Group/JSG Finance, Inc.† | 8.088% | 8/13/2036 | 8,400,000 | 8,736,000 | ||||||||
| Jefferson Capital Holdings LLC† | 8.25% | 5/15/2030 | 2,667,000 | 2,794,232 | ||||||||
| LFS Topco LLC† | 8.75% | 7/15/2030 | 3,217,000 | 3,235,054 | ||||||||
| Navient Corp. | 9.375% | 7/25/2030 | 3,174,000 | 3,338,962 | ||||||||
| OneMain Finance Corp. | 7.125% | 11/15/2031 | 3,183,000 | 3,231,458 | ||||||||
| OneMain Finance Corp. | 7.125% | 9/15/2032 | 4,751,000 | 4,822,313 | ||||||||
| OneMain Finance Corp. | 7.125% | 3/15/2034 | 4,881,000 | 4,884,944 | ||||||||
| OneMain Finance Corp. | 7.50% | 5/15/2031 | 6,146,000 | 6,314,757 | ||||||||
| PennyMac Financial Services, Inc.† | 6.875% | 5/15/2032 | 3,291,000 | 3,170,907 | ||||||||
| PennyMac Financial Services, Inc.† | 7.125% | 11/15/2030 | 2,899,000 | 2,912,738 | ||||||||
| PHH Escrow Issuer LLC/PHH Corp.† | 9.875% | 11/1/2029 | 3,291,000 | 3,252,343 | ||||||||
| Phoenix Aviation Capital Ltd. (Ireland)†(d) | 9.25% | 7/15/2030 | 2,465,000 | 2,577,893 | ||||||||
| Provident Funding Associates LP/PFG Finance Corp.† | 9.75% | 9/15/2029 | 2,503,000 | 2,617,888 | ||||||||
| Rfna LP† | 7.875% | 2/15/2030 | 3,056,000 | 3,096,553 | ||||||||
| Stonebriar ABF Issuer LLC† | 7.00% | 8/15/2031 | 2,155,000 | 2,101,512 | ||||||||
| Stonebriar ABF Issuer LLC† | 8.125% | 12/15/2030 | 3,517,000 | 3,554,368 | ||||||||
| Stonex Escrow Issuer LLC† | 6.875% | 7/15/2032 | 3,926,000 | 3,994,301 | ||||||||
| StoneX Group, Inc.† | 7.875% | 3/1/2031 | 6,541,000 | 6,813,217 | ||||||||
| Synchrony Financial | 7.25% | 2/2/2033 | 1,074,000 | 1,112,716 | ||||||||
| UWM Holdings LLC†(c) | 6.25% | 3/15/2031 | 5,722,000 | 5,111,640 | ||||||||
| Velocity Commercial Capital LLC† | 9.375% | 2/15/2031 | 4,071,000 | 4,227,155 | ||||||||
| VFH Parent LLC/Valor Co-Issuer, Inc.† | 7.50% | 6/15/2031 | 3,269,000 | 3,384,765 | ||||||||
| WS Escrow LLC† | 7.75% | 6/1/2033 | 1,638,000 | 1,706,493 | ||||||||
| Total | 151,721,692 | |||||||||||
| Electric 3.71% | ||||||||||||
| AES Corp. | 7.60% (5 yr. CMT + 3.20%) | # | 1/15/2055 | 3,253,000 | 3,327,734 | |||||||
| Alpha Generation LLC† | 6.25% | 1/15/2034 | 8,203,000 | 8,043,325 | ||||||||
| Alpha Generation LLC† | 6.75% | 10/15/2032 | 5,159,000 | 5,202,073 | ||||||||
| ContourGlobal Power Holdings SA (Luxembourg)†(d) | 6.75% | 2/28/2030 | 3,148,000 | 3,207,025 | ||||||||
| See Notes to Schedule of Investments. | 105 |
Schedule of Investments (unaudited)(continued)
HIGH YIELD FUND August 31, 2026
| Investments | Interest Rate | Maturity Date | Principal Amount‡ | Fair Value | ||||||||
| Electric (continued) | ||||||||||||
| Edison International | 7.875% (5 yr. CMT + 3.66%) | # | 6/15/2054 | $ | 3,137,000 | $ | 3,180,140 | |||||
| Hawaiian Electric Co., Inc.†(c) | 6.00% | 10/1/2033 | 3,333,000 | 3,290,078 | ||||||||
| Leeward Renewable Energy Operations LLC† | 4.25% | 7/1/2029 | 3,498,000 | 3,349,120 | ||||||||
| Long Ridge Energy LLC† | 8.75% | 2/15/2032 | 11,004,000 | 11,371,928 | ||||||||
| NRG Energy, Inc.† | 6.00% | 2/1/2033 | 7,065,000 | 7,035,947 | ||||||||
| NRG Energy, Inc.† | 6.00% | 1/15/2036 | 7,229,000 | 7,033,038 | ||||||||
| NRG Energy, Inc.† | 10.25% (5 yr. CMT + 5.92%) | # | – | (f) | 7,747,000 | 8,241,336 | ||||||
| Pampa Energia SA (Argentina)†(c)(d) | 7.875% | 12/16/2034 | 2,679,000 | 2,770,086 | ||||||||
| PG&E Corp. | 6.85% (5 yr. CMT + 3.23%) | # | 9/15/2056 | 3,269,000 | 3,205,152 | |||||||
| Puget Energy, Inc. | 7.00% (5 yr. CMT + 2.96%) | # | 9/15/2056 | 3,683,000 | 3,698,487 | |||||||
| Talen Energy Supply LLC† | 6.25% | 2/1/2034 | 2,315,000 | 2,274,301 | ||||||||
| Talen Energy Supply LLC† | 6.50% | 2/1/2036 | 9,234,000 | 9,066,908 | ||||||||
| TransAlta Corp. (Canada)(d) | 5.875% | 2/1/2034 | 3,194,000 | 3,119,760 | ||||||||
| TXNM Energy, Inc.† | 7.00% (5 yr. CMT + 3.25%) | # | 7/31/2056 | 6,556,000 | 6,646,315 | |||||||
| Vistra Corp.† | 7.00% (5 yr. CMT + 5.74%) | # | – | (f) | 3,393,000 | 3,411,560 | ||||||
| Vistra Corp.† | 8.875% (5 yr. CMT + 5.05%) | # | – | (f) | 3,049,000 | 3,251,533 | ||||||
| VoltaGrid LLC† | 7.375% | 11/1/2030 | 5,017,000 | 5,050,850 | ||||||||
| XPLR Infrastructure Operating Partners LP†(c) | 7.75% | 4/15/2034 | 6,544,000 | 6,935,056 | ||||||||
| XPLR Infrastructure Operating Partners LP† | 8.625% | 3/15/2033 | 6,502,000 | 6,970,378 | ||||||||
| Total | 119,682,130 | |||||||||||
| Electrical Components & Equipment 0.17% | ||||||||||||
| EnerSys† | 6.625% | 1/15/2032 | 5,339,000 | 5,433,313 | ||||||||
| Electronics 0.26% | ||||||||||||
| Sensata Technologies, Inc.† | 6.625% | 7/15/2032 | 3,127,000 | 3,204,328 | ||||||||
| TTM Technologies, Inc.† | 4.00% | 3/1/2029 | 5,286,000 | 5,094,494 | ||||||||
| Total | 8,298,822 | |||||||||||
| Engineering & Construction 0.65% | ||||||||||||
| Brundage-Bone Concrete Pumping Holdings, Inc.† | 7.50% | 2/1/2032 | 3,377,000 | 3,471,414 | ||||||||
| Granite Construction, Inc.† | 6.375% | 6/15/2034 | 5,449,000 | 5,503,664 | ||||||||
| Heathrow Finance PLC | 6.625% | 3/1/2031 | GBP | 4,285,000 | 5,817,437 | |||||||
| Weekley Homes LLC/Weekley Finance Corp.† | 6.75% | 1/15/2034 | $ | 5,986,000 | 6,071,343 | |||||||
| Total | 20,863,858 | |||||||||||
| 106 | See Notes to Schedule of Investments. |
Schedule of Investments (unaudited)(continued)
HIGH YIELD FUND August 31, 2026
| Investments | Interest Rate | Maturity Date | Principal Amount‡ | Fair Value | ||||||||
| Entertainment 3.11% | ||||||||||||
| AMC Entertainment Holdings, Inc.† | 7.50% | 2/15/2029 | $ | 3,358,000 | $ | 3,338,568 | ||||||
| Bracelet Holdings, Inc.† | 9.25% | 7/2/2028 | 5,329,000 | 4,827,541 | (a) | |||||||
| Caesars Entertainment, Inc.†(c) | 6.00% | 10/15/2032 | 3,645,000 | 3,276,940 | ||||||||
| Caesars Entertainment, Inc.† | 6.50% | 2/15/2032 | 6,593,000 | 6,378,774 | ||||||||
| Cinemark USA, Inc.† | 7.00% | 8/1/2032 | 3,575,000 | 3,682,969 | ||||||||
| Great Canadian Gaming Corp./Raptor LLC (Canada)†(d) | 8.75% | 11/15/2029 | 3,209,000 | 3,231,447 | ||||||||
| Intralot Capital Luxembourg SA† | 6.75% | 10/15/2031 | EUR | 1,255,000 | 1,471,237 | |||||||
| Intralot Capital Luxembourg SA | 6.75% | 10/15/2031 | EUR | 1,700,000 | 1,992,911 | |||||||
| Jacobs Entertainment, Inc.† | 6.75% | 2/15/2029 | $ | 3,257,000 | 3,222,108 | |||||||
| Merlin Entertainments Group U.S. Holdings, Inc.† | 7.375% | 2/15/2031 | 1,944,000 | 1,475,546 | ||||||||
| Mohegan Tribal Gaming Authority/MS Digital Entertainment Holdings LLC† | 11.875% | 4/15/2031 | 6,114,000 | 6,650,461 | ||||||||
| Motion Finco SARL | 7.375% | 6/15/2030 | EUR | 3,198,000 | 2,959,343 | |||||||
| Ontario Gaming GTA LP/OTG Co-Issuer, Inc. (Canada)†(d) | 8.00% | 8/1/2030 | $ | 3,224,000 | 3,243,408 | |||||||
| Penn Entertainment, Inc.†(c) | 4.125% | 7/1/2029 | 3,356,000 | 3,220,180 | ||||||||
| Penn Entertainment, Inc.†(c) | 6.75% | 4/1/2031 | 4,872,000 | 4,891,805 | ||||||||
| Pioneer Opco LLC† | 7.00% | 5/15/2033 | 3,177,000 | 3,236,243 | ||||||||
| Premier Entertainment Sub LLC/Premier Entertainment Finance Corp.† | 5.875% | 9/1/2031 | 8,108,000 | 5,448,576 | ||||||||
| Resorts World Las Vegas LLC/RWLV Capital, Inc.† | 4.625% | 4/6/2031 | 6,500,000 | 5,548,496 | ||||||||
| Six Flags Entertainment Corp.†(c) | 7.25% | 5/15/2031 | 7,186,000 | 7,104,945 | ||||||||
| Six Flags Entertainment Corp./Canada’s Wonderland Co./Millennium Operations LLC†(c) | 8.625% | 1/15/2032 | 5,035,000 | 5,108,561 | ||||||||
| Starz Capital Holdings 1, Inc.† | 6.00% | 4/15/2030 | 5,656,000 | 5,450,970 | ||||||||
| Voyager Parent LLC† | 9.25% | 7/1/2032 | 6,161,000 | 6,600,982 | ||||||||
| Wynn Resorts Finance LLC/Wynn Resorts Capital Corp.† | 7.125% | 2/15/2031 | 7,470,000 | 7,846,622 | ||||||||
| Total | 100,208,633 | |||||||||||
| Environmental Control 0.31% | ||||||||||||
| Biffa Group Holdings Ltd.† | 7.38% | 6/15/2031 | GBP | 2,711,000 | 3,685,042 | |||||||
| Waste Pro USA, Inc.† | 7.00% | 2/1/2033 | $ | 3,103,000 | 3,175,616 | |||||||
| Wrangler Holdco Corp.† | 6.625% | 4/1/2032 | 3,134,000 | 3,165,508 | ||||||||
| Total | 10,026,166 | |||||||||||
| Food 0.73% | ||||||||||||
| Albertsons Cos., Inc./Safeway, Inc./New Albertsons LP/Albertsons LLC† | 5.75% | 3/31/2034 | 3,388,000 | 3,189,286 | ||||||||
| Arcor SAIC (Argentina)†(d) | 7.60% | 7/31/2033 | 6,566,000 | 6,834,549 | ||||||||
| See Notes to Schedule of Investments. | 107 |
Schedule of Investments (unaudited)(continued)
HIGH YIELD FUND August 31, 2026
| Investments | Interest Rate | Maturity Date | Principal Amount‡ | Fair Value | ||||||||
| Food (continued) | ||||||||||||
| Bellis Acquisition Co. PLC† | 8.125% | 5/14/2030 | GBP | 2,993,000 | $ | 3,901,438 | ||||||
| C&S Group Enterprises LLC†(c) | 5.00% | 12/15/2028 | $ | 3,484,000 | 3,237,307 | |||||||
| Chobani LLC/Chobani Finance Corp., Inc.† | 6.375% | 4/15/2034 | 3,219,000 | 3,253,981 | ||||||||
| Iceland Bondco PLC | 6.625% | 8/15/2033 | EUR | 1,415,000 | 1,663,683 | |||||||
| Iceland Bondco PLC† | 6.625% | 8/15/2033 | EUR | 1,345,000 | 1,581,381 | |||||||
| Tonon Luxembourg SA (Luxembourg)†(d)(g) | 6.50% | 10/31/2024 | $ | 1,495,972 | 0 | (a) | ||||||
| Total | 23,661,625 | |||||||||||
| Forest Products & Paper 0.11% | ||||||||||||
| Magnera Corp.† | 7.25% | 11/15/2031 | 3,535,000 | 3,478,033 | ||||||||
| Gas 0.14% | ||||||||||||
| AltaGas Ltd. (Canada)†(d) | 7.20% (5 yr. CMT + 3.57%) | # | 10/15/2054 | 4,216,000 | 4,363,328 | |||||||
| Health Care-Products 0.10% | ||||||||||||
| Dentsply Sirona, Inc. | 8.375% (5 yr. CMT + 4.38%) | # | 9/12/2055 | 3,168,000 | 3,154,255 | |||||||
| Health Care-Services 2.08% | ||||||||||||
| Acadia Healthcare Co., Inc.†(c) | 5.00% | 4/15/2029 | 3,501,000 | 3,442,520 | ||||||||
| Acadia Healthcare Co., Inc.† | 7.375% | 3/15/2033 | 7,247,000 | 7,563,034 | ||||||||
| Centene Corp. | 3.00% | 10/15/2030 | 10,644,000 | 9,605,986 | ||||||||
| Charlotte Buyer, Inc.† | 8.00% | 6/30/2031 | 6,526,000 | 6,665,885 | ||||||||
| CHS/Community Health Systems, Inc.† | 4.75% | 2/15/2031 | 3,993,000 | 3,640,215 | ||||||||
| CHS/Community Health Systems, Inc.† | 6.125% | 4/1/2030 | 2,137,000 | 1,828,402 | ||||||||
| DaVita, Inc.† | 6.875% | 9/1/2032 | 3,525,000 | 3,612,427 | ||||||||
| Fortrea Holdings, Inc.†(c) | 7.50% | 7/1/2030 | 4,713,000 | 4,805,818 | ||||||||
| Humana, Inc. | 6.625% (5 yr. CMT + 2.89%) | # | 9/15/2056 | 4,900,000 | 4,860,641 | |||||||
| Kedrion SpA (Italy)†(d) | 6.50% | 9/1/2029 | 9,121,000 | 9,141,012 | ||||||||
| LifePoint Health, Inc.† | 10.00% | 6/1/2032 | 3,221,000 | 3,124,568 | ||||||||
| Molina Healthcare, Inc.† | 6.25% | 1/15/2033 | 3,305,000 | 3,289,523 | ||||||||
| Molina Healthcare, Inc.† | 6.50% | 2/15/2031 | 5,265,000 | 5,355,669 | ||||||||
| Total | 66,935,700 | |||||||||||
| Holding Companies-Diversified 0.10% | ||||||||||||
| Stena International SA (Luxembourg)†(d) | 7.25% | 1/15/2031 | 1,380,000 | 1,417,730 | ||||||||
| Stena International SA (Luxembourg)†(d) | 7.625% | 2/15/2031 | 1,823,000 | 1,890,309 | ||||||||
| Total | 3,308,039 | |||||||||||
| Home Builders 1.72% | ||||||||||||
| Ashton Woods USA LLC/Ashton Woods Finance Co.† | 6.875% | 8/1/2033 | 7,234,000 | 7,266,613 | ||||||||
| Beazer Homes USA, Inc.† | 8.00% | 1/15/2032 | 4,842,000 | 4,966,010 | ||||||||
| 108 | See Notes to Schedule of Investments. |
Schedule of Investments (unaudited)(continued)
HIGH YIELD FUND August 31, 2026
| Investments | Interest Rate | Maturity Date | Principal Amount‡ | Fair Value | ||||||||
| Home Builders (continued) | ||||||||||||
| Century Communities, Inc.† | 6.625% | 9/15/2033 | $ | 5,783,000 | $ | 5,854,646 | ||||||
| Dream Finders Homes, Inc.† | 6.875% | 9/15/2030 | 3,183,000 | 3,129,464 | ||||||||
| Dream Finders Homes, Inc.† | 8.25% | 8/15/2028 | 3,203,000 | 3,267,137 | ||||||||
| K Hovnanian Enterprises, Inc.† | 8.375% | 10/1/2033 | 8,931,000 | 9,149,682 | ||||||||
| LGI Homes, Inc.†(c) | 7.00% | 11/15/2032 | 3,724,000 | 3,686,063 | ||||||||
| LGI Homes, Inc.† | 8.75% | 12/15/2028 | 4,695,000 | 4,835,587 | ||||||||
| Maison Finco PLC† | 7.25% | 4/30/2032 | GBP | 1,704,000 | 2,195,231 | |||||||
| Risewell Homes, Inc.† | 8.50% | 11/1/2030 | $ | 3,212,000 | 3,266,190 | |||||||
| STL Holding Co. LLC† | 8.75% | 2/15/2029 | 7,431,000 | 7,732,877 | ||||||||
| Total | 55,349,500 | |||||||||||
| Home Furnishings 0.35% | ||||||||||||
| Whirlpool Corp. | 6.125% | 6/15/2030 | 3,416,000 | 3,212,328 | ||||||||
| Whirlpool Corp.† | 7.50% | 7/1/2031 | 8,151,000 | 8,181,721 | ||||||||
| Total | 11,394,049 | |||||||||||
| Housewares 0.48% | ||||||||||||
| American Greetings Corp.† | 8.875% | 1/15/2032 | 4,149,000 | 4,115,994 | ||||||||
| Newell Brands, Inc.† | 6.25% | 8/15/2031 | 4,694,000 | 4,708,066 | ||||||||
| Newell Brands, Inc.(c) | 6.625% | 5/15/2032 | 3,210,000 | 3,285,827 | ||||||||
| Scotts Miracle-Gro Co. | 4.375% | 2/1/2032 | 3,475,000 | 3,234,059 | ||||||||
| Total | 15,343,946 | |||||||||||
| Insurance 0.86% | ||||||||||||
| Acrisure LLC/Acrisure Finance, Inc.† | 7.50% | 11/6/2030 | 5,033,000 | 4,635,051 | ||||||||
| Amynta Agency Borrower, Inc. & Amynta Warranty Borrower, Inc.† | 7.50% | 7/15/2033 | 3,379,000 | 3,403,622 | ||||||||
| Ardonagh Finco Ltd. (United Kingdom)†(d) | 7.75% | 2/15/2031 | 4,857,000 | 4,957,409 | ||||||||
| Ardonagh Group Finance Ltd. (United Kingdom)†(d) | 8.875% | 2/15/2032 | 6,400,000 | 6,422,765 | ||||||||
| CRC Insurance Group LLC† | 7.125% | 6/1/2031 | 5,221,000 | 5,225,751 | ||||||||
| Jones Deslauriers Insurance Management, Inc. (Canada)†(d) | 8.50% | 3/15/2030 | 3,067,000 | 3,162,408 | ||||||||
| Total | 27,807,006 | |||||||||||
| Internet 0.69% | ||||||||||||
| Arches Buyer, Inc.† | 9.00% | 8/15/2031 | 3,360,000 | 3,508,693 | ||||||||
| Rakuten Group, Inc. (Japan)†(d) | 9.75% | 4/15/2029 | 5,225,000 | 5,698,064 | ||||||||
| Wayfair LLC† | 6.75% | 11/15/2032 | 3,393,000 | 3,493,440 | ||||||||
| Wayfair LLC† | 7.125% | 5/31/2034 | 3,170,000 | 3,290,192 | ||||||||
| Wayfair LLC† | 7.75% | 9/15/2030 | 5,896,000 | 6,212,910 | ||||||||
| Total | 22,203,299 | |||||||||||
| See Notes to Schedule of Investments. | 109 |
Schedule of Investments (unaudited)(continued)
HIGH YIELD FUND August 31, 2026
| Investments | Interest Rate | Maturity Date | Principal Amount‡ | Fair Value | ||||||||
| Investment Companies 0.11% | ||||||||||||
| HA Sustainable Infrastructure Capital, Inc. | 7.125% (5 yr. CMT + 3.48%) | # | 11/15/2056 | $ | 3,407,000 | $ | 3,436,290 | |||||
| Iron-Steel 0.90% | ||||||||||||
| Algoma Steel, Inc. (Canada)†(d) | 9.125% | 4/15/2029 | 7,487,000 | 7,161,652 | ||||||||
| Carpenter Technology Corp.† | 5.625% | 3/1/2034 | 5,015,000 | 4,946,281 | ||||||||
| Cleveland-Cliffs, Inc.† | 7.50% | 9/15/2031 | 3,112,000 | 3,201,302 | ||||||||
| Cleveland-Cliffs, Inc.† | 7.625% | 1/15/2034 | 3,176,000 | 3,242,540 | ||||||||
| Commercial Metals Co.† | 5.75% | 11/15/2033 | 3,404,000 | 3,352,361 | ||||||||
| Hybar LLC† | 7.375% | 7/1/2034 | 3,233,000 | 3,293,929 | ||||||||
| U.S. Steel Corp. | 6.65% | 6/1/2037 | 3,719,000 | 3,928,607 | ||||||||
| Total | 29,126,672 | |||||||||||
| Leisure Time 1.19% | ||||||||||||
| A&K Travel Group Holdings Ltd. (Jersey)†(d) | 7.50% | 5/15/2033 | 6,440,000 | 6,554,793 | ||||||||
| Acushnet Co.† | 5.625% | 12/1/2033 | 3,566,000 | 3,510,194 | ||||||||
| Gaia Purchaser, Inc.† | 7.625% | 7/15/2033 | 4,854,000 | 4,958,885 | ||||||||
| Lindblad Expeditions LLC† | 7.00% | 9/15/2030 | 8,643,000 | 8,906,214 | ||||||||
| NCL Corp. Ltd.† | 6.75% | 2/1/2032 | 6,402,000 | 6,232,554 | ||||||||
| Sabre GLBL, Inc.† | 11.125% | 7/15/2030 | 4,972,000 | 4,897,420 | ||||||||
| Viking Cruises Ltd.† | 5.875% | 10/15/2033 | 3,340,000 | 3,307,082 | ||||||||
| Total | 38,367,142 | |||||||||||
| Lodging 2.26% | ||||||||||||
| Full House Resorts, Inc.† | 8.25% | 2/15/2028 | 9,445,000 | 8,950,819 | ||||||||
| Genting New York LLC/GENNY Capital, Inc.† | 7.25% | 10/1/2029 | 7,988,000 | 8,203,265 | ||||||||
| Hilton Domestic Operating Co., Inc.† | 4.00% | 5/1/2031 | 5,323,000 | 5,005,386 | ||||||||
| Hilton Domestic Operating Co., Inc.† | 5.50% | 3/31/2034 | 8,066,000 | 7,944,446 | ||||||||
| Hilton Domestic Operating Co., Inc.† | 5.75% | 9/15/2033 | 6,298,000 | 6,296,929 | ||||||||
| Hilton Grand Vacations Borrower LLC/Hilton Grand Vacations Borrower, Inc.† | 6.625% | 1/15/2032 | 3,283,000 | 3,312,586 | ||||||||
| Marriott Ownership Resorts, Inc.†(c) | 6.50% | 10/1/2033 | 9,915,000 | 9,869,299 | ||||||||
| Melco Resorts Finance Ltd. (Hong Kong)†(d) | 7.625% | 4/17/2032 | 4,238,000 | 4,348,270 | ||||||||
| MGM China Holdings Ltd. (Macau)†(d) | 6.25% | 5/15/2033 | 2,797,000 | 2,714,110 | ||||||||
| Studio City Finance Ltd. | 5.00% | 1/15/2029 | 6,730,000 | 6,488,656 | ||||||||
| Travel & Leisure Co.† | 6.125% | 9/1/2033 | 4,861,000 | 4,797,267 | ||||||||
| Wynn Macau Ltd. (Macau)†(d) | 6.75% | 2/15/2034 | 5,086,000 | 5,039,603 | ||||||||
| Total | 72,970,636 | |||||||||||
| Machinery: Construction & Mining 0.15% | ||||||||||||
| Solaris Energy Infrastructure LLC† | 6.375% | 5/15/2031 | 4,810,000 | 4,777,151 | ||||||||
| 110 | See Notes to Schedule of Investments. |
Schedule of Investments (unaudited)(continued)
HIGH YIELD FUND August 31, 2026
| Investments | Interest Rate | Maturity Date | Principal Amount‡ | Fair Value | ||||||||
| Machinery-Diversified 0.31% | ||||||||||||
| Columbus McKinnon Corp.† | 7.125% | 2/1/2033 | $ | 3,320,000 | $ | 3,361,450 | ||||||
| Lsf12 Helix Parent LLC†(c) | 7.125% | 2/1/2033 | 6,668,000 | 6,687,324 | ||||||||
| Total | 10,048,774 | |||||||||||
| Media 6.54% | ||||||||||||
| AMC Global Media, Inc. | 4.25% | 2/15/2029 | 6,884,000 | 6,393,423 | ||||||||
| Belo Corp. | 7.25% | 9/15/2027 | 3,282,000 | 3,364,187 | ||||||||
| Cable One, Inc.† | 4.00% | 11/15/2030 | 9,961,000 | 4,058,908 | ||||||||
| CCO Holdings LLC/CCO Holdings Capital Corp.†(c) | 7.00% | 2/1/2033 | 15,796,000 | 15,430,612 | ||||||||
| CCO Holdings LLC/CCO Holdings Capital Corp.†(c) | 7.375% | 2/1/2036 | 6,271,000 | 6,067,188 | ||||||||
| CSC Holdings LLC† | 6.50% | 2/1/2029 | 14,044,000 | 7,460,414 | ||||||||
| CSC Holdings LLC† | 11.75% | 1/31/2029 | 16,127,000 | 8,949,716 | ||||||||
| Directv Financing LLC† | 8.875% | 2/1/2030 | 4,867,000 | 4,981,356 | ||||||||
| Directv Financing LLC/Directv Financing Co-Obligor, Inc.† | 10.00% | 2/15/2031 | 10,870,000 | 11,509,417 | ||||||||
| Discovery Global Holdings, Inc. | 4.279% | 3/15/2032 | 8,845,000 | 8,098,084 | ||||||||
| Discovery Global Holdings, Inc. | 5.05% | 3/15/2042 | 30,304,000 | 22,109,192 | ||||||||
| Discovery Global Holdings, Inc. | 5.141% | 3/15/2052 | 5,260,000 | 3,550,500 | ||||||||
| DISH DBS Corp.(g) | 5.125% | 6/1/2029 | 20,981,000 | 19,395,990 | ||||||||
| EchoStar Corp. | 6.75% | 11/30/2030 | 6,308,372 | 6,410,524 | ||||||||
| Gray Media, Inc.† | 5.375% | 11/15/2031 | 6,344,000 | 4,943,467 | ||||||||
| Midcontinent Communications† | 8.00% | 8/15/2032 | 3,372,000 | 2,930,198 | ||||||||
| Nexstar Media, Inc.† | 6.50% | 9/15/2033 | 6,395,000 | 6,427,090 | ||||||||
| Paramount Global | 7.875% | 7/30/2030 | 4,735,000 | 4,983,657 | ||||||||
| Sinclair Television Group, Inc.† | 8.125% | 2/15/2033 | 3,192,000 | 3,322,106 | ||||||||
| Space Exploration Technologies Corp.† | 5.35% | 7/15/2031 | 3,271,000 | 3,198,441 | ||||||||
| Space Exploration Technologies Corp.† | 5.875% | 7/15/2036 | 13,372,000 | 12,608,684 | ||||||||
| Sunrise FinCo I BV (Netherlands)†(d) | 4.875% | 7/15/2031 | 9,787,000 | 9,234,430 | ||||||||
| Univision Communications, Inc.† | 8.875% | 4/15/2033 | 6,485,000 | 6,413,978 | ||||||||
| Univision Communications, Inc.† | 9.375% | 8/1/2032 | 5,430,000 | 5,544,850 | ||||||||
| Virgin Media Finance PLC (United Kingdom)†(d) | 5.00% | 7/15/2030 | 8,900,000 | 5,497,463 | ||||||||
| Virgin Media Secured Finance PLC (United Kingdom)†(d) | 5.50% | 5/15/2029 | 10,514,000 | 9,747,501 | ||||||||
| VZ Secured Financing BV (Netherlands)†(d) | 5.00% | 1/15/2032 | 9,769,000 | 8,252,900 | ||||||||
| Total | 210,884,276 | |||||||||||
| Metal Fabricate-Hardware 0.25% | ||||||||||||
| Park-Ohio Industries, Inc.† | 8.50% | 8/1/2030 | 7,716,000 | 8,141,208 | ||||||||
| Mining 2.42% | ||||||||||||
| Alcoa Nederland Holding BV (Netherlands)†(d) | 7.125% | 3/15/2031 | 3,087,000 | 3,194,634 | ||||||||
| Alumina Pty. Ltd. (Australia)†(d) | 6.125% | 3/15/2030 | 4,583,000 | 4,638,386 | ||||||||
| See Notes to Schedule of Investments. | 111 |
Schedule of Investments (unaudited)(continued)
HIGH YIELD FUND August 31, 2026
| Investments | Interest Rate | Maturity Date | Principal Amount‡ | Fair Value | ||||||||
| Mining (continued) | ||||||||||||
| Alumina Pty. Ltd. (Australia)†(d) | 6.375% | 9/15/2032 | $ | 3,543,000 | $ | 3,594,193 | ||||||
| Aris Mining Corp. (Canada)†(d) | 8.00% | 10/31/2029 | 6,147,000 | 6,365,249 | ||||||||
| Arsenal AIC Parent LLC† | 8.00% | 10/1/2030 | 4,928,000 | 5,126,078 | ||||||||
| Capstone Copper Corp. (Canada)†(d) | 6.75% | 3/31/2033 | 3,149,000 | 3,199,574 | ||||||||
| Century Aluminum Co.† | 6.875% | 8/1/2032 | 3,086,000 | 3,166,057 | ||||||||
| Coeur Mining, Inc.† | 6.875% | 4/1/2032 | 3,106,000 | 3,180,236 | ||||||||
| Compass Minerals International, Inc.† | 8.00% | 7/1/2030 | 4,897,000 | 5,121,856 | ||||||||
| First Quantum Minerals Ltd. (Canada)†(d) | 6.375% | 2/15/2036 | 3,813,000 | 3,720,380 | ||||||||
| First Quantum Minerals Ltd. (Canada)†(d) | 8.00% | 3/1/2033 | 3,020,000 | 3,151,989 | ||||||||
| Ivanhoe Mines Ltd. (Canada)†(c)(d) | 7.875% | 1/23/2030 | 6,645,000 | 6,701,469 | ||||||||
| JW Aluminum Continuous Cast Co.† | 10.25% | 4/1/2030 | 6,228,000 | 6,553,657 | ||||||||
| Mirabela Nickel Ltd.(e) | Zero Coupon | – | 50,500 | – | ||||||||
| Navoiyuran State Enterprise (Uzbekistan)†(d) | 6.70% | 7/2/2030 | 4,820,000 | 4,879,033 | ||||||||
| Novelis Corp.† | 6.375% | 8/15/2033 | 2,090,000 | 2,096,091 | ||||||||
| Novelis Corp.† | 6.875% | 1/30/2030 | 5,007,000 | 5,147,096 | ||||||||
| PLS Group Ltd. (Australia)†(d) | 6.875% | 5/1/2031 | 3,609,000 | 3,687,651 | ||||||||
| Trekor Metals Ltd. (Canada)†(d) | 8.25% | 5/1/2030 | 4,159,000 | 4,347,498 | ||||||||
| Total | 77,871,127 | |||||||||||
| Miscellaneous Manufacturing 0.76% | ||||||||||||
| Amsted Industries, Inc.† | 6.375% | 3/15/2033 | 3,207,000 | 3,255,188 | ||||||||
| Axon Enterprise, Inc.† | 6.125% | 3/15/2030 | 2,367,000 | 2,411,476 | ||||||||
| Enpro, Inc.† | 6.125% | 6/1/2033 | 6,053,000 | 6,094,215 | ||||||||
| GrafTech Global Enterprises, Inc.†(c) | 9.875% | 12/23/2029 | 6,666,000 | 4,861,247 | ||||||||
| Maxam Prill SARL (Luxembourg)†(d) | 7.75% | 7/15/2030 | 7,674,000 | 7,956,396 | ||||||||
| Total | 24,578,522 | |||||||||||
| Office/Business Equipment 0.10% | ||||||||||||
| Zebra Technologies Corp.† | 6.50% | 6/1/2032 | 3,224,000 | 3,285,449 | ||||||||
| Oil & Gas 6.23% | ||||||||||||
| Beusa Investments LLC† | 7.00% | 8/1/2031 | 3,570,000 | 3,576,437 | ||||||||
| BKV Upstream Midstream LLC† | 7.50% | 10/15/2030 | 8,537,000 | 8,647,651 | ||||||||
| Borr IHC Ltd./Borr Finance LLC† | 9.00% | 1/15/2034 | 10,030,000 | 9,703,298 | ||||||||
| Caturus Energy LLC† | 7.125% | 5/15/2031 | 3,301,000 | 3,309,427 | ||||||||
| Caturus Energy LLC† | 8.50% | 2/15/2030 | 7,192,000 | 7,509,110 | ||||||||
| Comstock Resources, Inc.† | 5.875% | 1/15/2030 | 3,438,000 | 3,302,302 | ||||||||
| Crescent Energy Finance LLC† | 7.625% | 4/1/2032 | 1,237,000 | 1,272,493 | ||||||||
| Crescent Energy Finance LLC† | 7.875% | 4/15/2032 | 11,952,000 | 12,354,496 | ||||||||
| DBR Land Holdings LLC† | 6.25% | 12/1/2030 | 3,344,000 | 3,406,182 | ||||||||
| Global Marine, Inc. | 7.00% | 6/1/2028 | 3,383,000 | 3,460,582 | ||||||||
| Hilcorp Energy I LP/Hilcorp Finance Co.† | 7.25% | 2/15/2035 | 12,948,000 | 13,057,398 | ||||||||
| 112 | See Notes to Schedule of Investments. |
Schedule of Investments (unaudited)(continued)
HIGH YIELD FUND August 31, 2026
| Investments | Interest Rate | Maturity Date | Principal Amount‡ | Fair Value | ||||||||
| Oil & Gas (continued) | ||||||||||||
| Infinity Natural Resources LLC† | 7.625% | 4/1/2031 | $ | 4,825,000 | $ | 4,891,059 | ||||||
| Kraken Oil & Gas Partners LLC† | 7.125% | 5/15/2031 | 1,753,000 | 1,761,265 | ||||||||
| Kraken Oil & Gas Partners LLC† | 7.625% | 8/15/2029 | 6,651,000 | 6,797,847 | ||||||||
| Magnolia Oil & Gas Operating LLC/Magnolia Oil & Gas Finance Corp.† | 6.625% | 8/15/2034 | 4,815,000 | 4,871,967 | ||||||||
| Matador Resources Co.† | 6.00% | 4/15/2034 | 2,031,000 | 1,990,138 | ||||||||
| Matador Resources Co.† | 6.50% | 4/15/2032 | 2,280,000 | 2,304,540 | ||||||||
| Moss Creek Resources Holdings, Inc.† | 8.25% | 9/1/2031 | 2,853,000 | 2,894,634 | ||||||||
| Murphy Oil Corp. | 5.875% | 12/1/2042 | 3,795,000 | 3,311,820 | ||||||||
| Nabors Industries, Inc.† | 7.625% | 11/15/2032 | 5,171,000 | 5,335,722 | ||||||||
| Nabors Industries, Inc.†(c) | 8.875% | 8/15/2031 | 4,517,000 | 4,728,522 | ||||||||
| Noble Finance II LLC† | 8.00% | 4/15/2030 | 2,559,000 | 2,647,362 | ||||||||
| Par Petroleum LLC† | 7.375% | 6/1/2034 | 4,838,000 | 5,022,333 | ||||||||
| Parex Resources, Inc. (Canada)†(d) | 8.50% | 5/11/2031 | 3,245,000 | 3,346,390 | ||||||||
| PBF Holding Co. LLC/PBF Finance Corp.† | 7.875% | 9/15/2030 | 7,341,000 | 7,610,951 | ||||||||
| Saturn Oil & Gas, Inc. (Canada)†(d) | 8.50% | 7/30/2031 | 3,377,000 | 3,507,441 | ||||||||
| Seadrill Finance Ltd.† | 6.75% | 7/15/2034 | 3,348,000 | 3,283,584 | ||||||||
| SierraCol Energy Andina LLC/SierraCol Energy Arauca/Colombia Energy Development(c) | 9.00% | 11/14/2030 | 3,157,000 | 3,220,661 | ||||||||
| SM Energy Co.† | 8.625% | 11/1/2030 | 3,023,000 | 3,177,333 | ||||||||
| SM Energy Co.† | 8.75% | 7/1/2031 | 5,327,000 | 5,575,451 | ||||||||
| SM Energy Co.† | 9.625% | 6/15/2033 | 3,149,000 | 3,472,871 | ||||||||
| Sunoco LP† | 5.625% | 7/15/2034 | 3,267,000 | 3,174,670 | ||||||||
| Sunoco LP† | 6.25% | 7/1/2033 | 4,816,000 | 4,843,846 | ||||||||
| Sunoco LP† | 6.625% | 8/15/2032 | 5,417,000 | 5,507,681 | ||||||||
| Sunoco LP† | 7.875% (5 yr. CMT + 4.23%) | # | – | (f) | 5,551,000 | 5,727,178 | ||||||
| Talos Production, Inc.† | 8.00% | 7/15/2034 | 3,150,000 | 3,258,867 | ||||||||
| Talos Production, Inc.† | 9.375% | 2/1/2031 | 2,488,000 | 2,639,019 | ||||||||
| Transocean International Ltd.(c) | 6.80% | 3/15/2038 | 3,031,000 | 2,879,595 | ||||||||
| Transocean International Ltd.† | 7.875% | 10/15/2032 | 1,967,000 | 2,066,391 | ||||||||
| Transocean International Ltd.† | 8.50% | 5/15/2031 | 5,934,000 | 6,241,500 | ||||||||
| Transocean International Ltd. | 9.35% | 12/15/2041 | 2,031,000 | 2,168,092 | ||||||||
| Vermilion Energy, Inc. (Canada)†(d) | 7.25% | 2/15/2033 | 6,251,000 | 6,272,953 | ||||||||
| Vista Energy Argentina SAU (Argentina)(c)(d) | 7.625% | 12/10/2035 | 3,334,000 | 3,433,520 | ||||||||
| Wildfire Intermediate Holdings LLC† | 7.50% | 10/15/2029 | 3,255,000 | 3,375,032 | ||||||||
| Total | 200,939,611 | |||||||||||
| Oil & Gas Services 1.77% | ||||||||||||
| Archrock Partners LP/Archrock Partners Finance Corp.† | 6.625% | 9/1/2032 | 3,409,000 | 3,473,191 | ||||||||
| Archrock Services LP/Archrock Partners Finance Corp.† | 6.00% | 2/1/2034 | 4,928,000 | 4,859,870 | ||||||||
| See Notes to Schedule of Investments. | 113 |
Schedule of Investments (unaudited)(continued)
HIGH YIELD FUND August 31, 2026
| Investments | Interest Rate | Maturity Date | Principal Amount‡ | Fair Value | ||||||||
| Oil & Gas Services (continued) | ||||||||||||
| Bristow Group, Inc.† | 6.75% | 2/1/2033 | $ | 4,076,000 | $ | 4,107,503 | ||||||
| CHC Group LLC† | 11.75% | 9/1/2030 | 6,924,000 | 5,920,020 | ||||||||
| Enerflex, Inc.† | 6.875% | 1/15/2031 | 3,044,000 | 3,105,221 | ||||||||
| Kodiak Gas Services LLC† | 6.50% | 10/1/2033 | 4,896,000 | 4,945,141 | ||||||||
| SESI LLC† | 7.875% | 9/30/2030 | 7,366,000 | 7,558,161 | ||||||||
| Star Holding LLC† | 8.75% | 8/1/2031 | 3,899,000 | 4,048,308 | ||||||||
| USA Compression Partners LP/USA Compression Finance Corp.† | 6.25% | 10/1/2033 | 3,404,000 | 3,376,249 | ||||||||
| USA Compression Partners LP/USA Compression Finance Corp.† | 7.125% | 3/15/2029 | 2,902,000 | 2,974,361 | ||||||||
| WBI Operating LLC† | 6.25% | 10/15/2030 | 3,512,000 | 3,532,064 | ||||||||
| WBI Operating LLC† | 6.50% | 10/15/2033 | 3,950,000 | 3,964,398 | ||||||||
| Weatherford International Ltd.† | 6.75% | 10/15/2033 | 5,187,000 | 5,293,245 | ||||||||
| Total | 57,157,732 | |||||||||||
| Packaging & Containers 2.04% | ||||||||||||
| Ardagh Group SA (Luxembourg)†(d) | 11.00% | 12/1/2030 | 8,759,086 | 8,396,302 | ||||||||
| Ardagh Metal Packaging Finance USA LLC/ Ardagh Metal Packaging Finance PLC† | 6.25% | 1/30/2031 | 3,309,000 | 3,327,672 | ||||||||
| Ball Corp. | 3.125% | 9/15/2031 | 3,652,000 | 3,286,766 | ||||||||
| Canpack SA/Canpack U.S. LLC (Poland)†(d) | 3.875% | 11/15/2029 | 6,058,000 | 5,744,963 | ||||||||
| Clearwater Paper Corp.† | 4.75% | 8/15/2028 | 3,740,000 | 3,383,765 | ||||||||
| Clydesdale Acquisition Holdings, Inc.† | 6.875% | 1/15/2030 | 3,525,000 | 3,532,843 | ||||||||
| Clydesdale Acquisition Holdings, Inc.† | 8.75% | 4/15/2030 | 6,731,000 | 6,654,225 | ||||||||
| Graphic Packaging International LLC†(c) | 6.375% | 7/15/2032 | 3,215,000 | 3,257,705 | ||||||||
| Mauser Packaging Solutions Holding Co.† | 9.25% | 4/15/2030 | 7,875,000 | 7,869,161 | ||||||||
| Multi-Color Corp.† | 8.50% | 5/11/2033 | 53,010 | 46,560 | ||||||||
| Sealed Air Corp.† | 6.875% | 7/15/2033 | 3,005,000 | 2,944,418 | ||||||||
| Sword Purchaser LLC† | 8.25% | 4/15/2033 | 3,198,000 | 3,311,964 | ||||||||
| Toucan FinCo Ltd./Toucan FinCo Can, Inc./ Toucan FinCo U.S. LLC (Jersey)†(d) | 9.50% | 5/15/2030 | 3,310,000 | 3,168,758 | ||||||||
| Trident TPI Holdings, Inc.† | 12.75% | 12/31/2028 | 3,146,000 | 3,149,949 | ||||||||
| Trivium Packaging Finance BV (Netherlands)†(d) | 8.25% | 7/15/2030 | 4,145,000 | 4,391,615 | ||||||||
| Trivium Packaging Finance BV (Netherlands)†(d) | 12.25% | 1/15/2031 | 3,001,000 | 3,326,489 | ||||||||
| Total | 65,793,155 | |||||||||||
| Pharmaceuticals 1.67% | ||||||||||||
| 1261229 BC Ltd. (Canada)†(d) | 10.00% | 4/15/2032 | 15,001,000 | 15,625,792 | ||||||||
| Bausch Health Cos., Inc. (Canada)†(d) | 6.25% | 2/15/2029 | 5,988,000 | 4,947,585 | ||||||||
| Cheplapharm Arzneimittel GmbH | 7.125% | 6/15/2031 | EUR | 4,329,000 | 5,090,933 | |||||||
| 114 | See Notes to Schedule of Investments. |
Schedule of Investments (unaudited)(continued)
HIGH YIELD FUND August 31, 2026
| Investments | Interest Rate | Maturity Date | Principal Amount‡ | Fair Value | ||||||||
| Pharmaceuticals (continued) | ||||||||||||
| Curaleaf Holdings, Inc. | 11.50% | 2/18/2029 | $ | 4,855,000 | $ | 5,000,650 | ||||||
| CVS Health Corp. | 7.00% (5 yr. CMT + 2.89%) | # | 3/10/2055 | 14,056,000 | 14,518,208 | |||||||
| HLF Financing SARL LLC/Herbalife International, Inc.† | 4.875% | 6/1/2029 | 3,781,000 | 3,565,386 | ||||||||
| HLF Financing SARL LLC/Herbalife International, Inc.† | 7.75% | 5/1/2033 | 5,031,000 | 5,085,981 | ||||||||
| Total | 53,834,535 | |||||||||||
| Pipelines 4.27% | ||||||||||||
| Delek Logistics Partners LP/Delek Logistics Finance Corp.† | 6.875% | 6/1/2034 | 3,244,000 | 3,273,627 | ||||||||
| Delek Logistics Partners LP/Delek Logistics Finance Corp.† | 7.375% | 6/30/2033 | 3,119,000 | 3,211,294 | ||||||||
| Energy Transfer LP | 6.75% (5 yr. CMT + 2.48%) | # | 2/15/2056 | 3,335,000 | 3,330,880 | |||||||
| Energy Transfer LP | 8.00% (5 yr. CMT + 4.02%) | # | 5/15/2054 | 3,257,000 | 3,415,252 | |||||||
| Genesis Energy LP/Genesis Energy Finance Corp. | 6.75% | 3/15/2034 | 4,315,000 | 4,345,796 | ||||||||
| Genesis Energy LP/Genesis Energy Finance Corp. | 8.25% | 1/15/2029 | 4,397,000 | 4,530,713 | ||||||||
| Global Partners LP/GLP Finance Corp.† | 8.25% | 1/15/2032 | 7,047,000 | 7,372,085 | ||||||||
| Golar LNG Ltd.† | 7.50% | 10/2/2030 | 200,000 | 205,121 | ||||||||
| Golar LNG Ltd. | 7.75% | 9/19/2029 | 4,400,000 | 4,482,592 | ||||||||
| Harvest Midstream I LP† | 6.75% | 5/15/2034 | 4,792,000 | 4,864,478 | ||||||||
| Harvest Midstream I LP† | 7.50% | 5/15/2032 | 5,859,000 | 6,082,814 | ||||||||
| Howard Midstream Energy Partners LLC† | 6.625% | 1/15/2034 | 4,862,000 | 4,905,957 | ||||||||
| NGL Energy Operating LLC/NGL Energy Finance Corp.† | 8.375% | 2/15/2032 | 6,426,000 | 6,739,120 | ||||||||
| Northriver Midstream Finance LP (Canada)†(d) | 6.75% | 7/15/2032 | 3,448,000 | 3,516,281 | ||||||||
| Rockies Express Pipeline LLC† | 6.75% | 3/15/2033 | 4,246,000 | 4,332,644 | ||||||||
| Rockies Express Pipeline LLC† | 6.875% | 4/15/2040 | 3,310,000 | 3,309,333 | ||||||||
| South Bow Canadian Infrastructure Holdings Ltd. (Canada)(d) | 7.625% (5 yr. CMT + 3.95%) | # | 3/1/2055 | 6,292,000 | 6,537,034 | |||||||
| Transportadora de Gas del Sur SA (Argentina)†(d) | 7.75% | 11/20/2035 | 9,082,000 | 9,314,953 | ||||||||
| Venture Global LNG, Inc.† | 6.625% | 6/15/2036 | 2,867,000 | 2,879,675 | ||||||||
| Venture Global LNG, Inc.† | 8.375% | 6/1/2031 | 2,096,000 | 2,180,339 | ||||||||
| Venture Global LNG, Inc.† | 9.00% (5 yr. CMT + 5.44%) | # | – | (f) | 9,662,000 | 9,798,779 | ||||||
| Venture Global LNG, Inc.† | 9.50% | 2/1/2029 | 19,200,000 | 20,657,530 | ||||||||
| Venture Global Plaquemines LNG LLC† | 6.125% | 12/15/2030 | 3,084,000 | 3,149,942 | ||||||||
| See Notes to Schedule of Investments. | 115 |
Schedule of Investments (unaudited)(continued)
HIGH YIELD FUND August 31, 2026
| Investments | Interest Rate | Maturity Date | Principal Amount‡ | Fair Value | ||||||||
| Pipelines (continued) | ||||||||||||
| Venture Global Plaquemines LNG LLC† | 6.50% | 1/15/2034 | $ | 4,640,000 | $ | 4,800,461 | ||||||
| Venture Global Plaquemines LNG LLC† | 6.75% | 1/15/2036 | 2,997,000 | 3,156,335 | ||||||||
| Venture Global Plaquemines LNG LLC† | 7.75% | 5/1/2035 | 6,524,000 | 7,258,883 | ||||||||
| Total | 137,651,918 | |||||||||||
| Real Estate 0.99% | ||||||||||||
| CoreLogic, Inc.† | 9.00% | 8/1/2031 | 5,087,000 | 5,056,951 | ||||||||
| CoreLogic, Inc.† | 12.00% | 2/1/2032 | 3,382,000 | 3,238,925 | ||||||||
| Five Point Operating Co. LP†(c) | 8.00% | 10/1/2030 | 6,613,000 | 6,795,610 | ||||||||
| Hunt Cos., Inc.† | 5.25% | 4/15/2029 | 3,409,000 | 3,303,472 | ||||||||
| Kennedy-Wilson, Inc.† | 7.00% | 6/1/2031 | 6,442,000 | 6,596,022 | ||||||||
| Newmark Group, Inc. | 7.50% | 1/12/2029 | 6,723,000 | 6,997,097 | ||||||||
| Shimao Group Holdings Ltd. (Hong Kong)†(d) | 5.95% | 7/21/2031 | 256,393 | 3,718 | ||||||||
| Total | 31,991,795 | |||||||||||
| REITS 2.74% | ||||||||||||
| Blackstone Mortgage Trust, Inc.† | 6.25% | 6/1/2031 | 6,463,000 | 6,195,345 | ||||||||
| Blackstone Mortgage Trust, Inc.† | 7.75% | 12/1/2029 | 3,025,000 | 3,135,785 | ||||||||
| Brandywine Operating Partnership LP | 8.875% | 4/12/2029 | 6,643,000 | 7,020,356 | ||||||||
| Diversified Healthcare Trust† | 7.25% | 10/15/2030 | 9,472,000 | 9,715,307 | ||||||||
| EF Holdco/EF Cayman Holdings/Ellington Financial REIT Cayman/TRS/EF Cayman Non-MTM† | 7.375% | 9/30/2030 | 6,893,000 | 6,871,489 | ||||||||
| Hudson Pacific Properties LP(c) | 3.25% | 1/15/2030 | 5,996,000 | 5,334,229 | ||||||||
| Iron Mountain, Inc.† | 4.50% | 2/15/2031 | 3,419,000 | 3,254,974 | ||||||||
| Iron Mountain, Inc.† | 5.625% | 7/15/2032 | 6,994,000 | 6,874,062 | ||||||||
| Iron Mountain, Inc.† | 6.25% | 1/15/2033 | 3,895,000 | 3,927,924 | ||||||||
| Millrose Properties, Inc.† | 6.25% | 9/15/2032 | 5,028,000 | 5,049,711 | ||||||||
| Millrose Properties, Inc.† | 6.375% | 8/1/2030 | 3,330,000 | 3,379,251 | ||||||||
| Park Intermediate Holdings LLC/PK Domestic Property LLC/PK Finance Co-Issuer† | 7.00% | 2/1/2030 | 6,484,000 | 6,642,618 | ||||||||
| RHP Hotel Properties LP/RHP Finance Corp.† | 5.75% | 3/15/2034 | 3,360,000 | 3,313,220 | ||||||||
| Starwood Property Trust, Inc.† | 6.50% | 10/15/2030 | 6,884,000 | 7,011,705 | ||||||||
| Uniti Group LP/Uniti Fiber Holdings, Inc./CSL Capital LLC† | 6.00% | 1/15/2030 | 3,506,000 | 3,378,123 | ||||||||
| Vornado Realty LP | 3.40% | 6/1/2031 | 7,989,000 | 7,304,703 | ||||||||
| Total | 88,408,802 | |||||||||||
| Retail 4.17% | ||||||||||||
| Advance Auto Parts, Inc.† | 7.375% | 8/1/2033 | 9,996,000 | 10,251,548 | ||||||||
| Arko Corp.† | 5.125% | 11/15/2029 | 7,200,000 | 6,460,330 | ||||||||
| Bath & Body Works, Inc. | 6.75% | 7/1/2036 | 8,124,000 | 8,097,608 | ||||||||
| 116 | See Notes to Schedule of Investments. |
Schedule of Investments (unaudited)(continued)
HIGH YIELD FUND August 31, 2026
| Investments | Interest Rate | Maturity Date | Principal Amount‡ | Fair Value | ||||||||
| Retail (continued) | ||||||||||||
| Bloomin’ Brands, Inc./OSI Restaurant Partners LLC† | 5.125% | 4/15/2029 | $ | 4,202,000 | $ | 4,055,909 | ||||||
| Cougar JV Subsidiary LLC† | 8.00% | 5/15/2032 | 3,447,000 | 3,613,466 | ||||||||
| Dutch Lion BV†(g) | 11.25% | 6/15/2020 | EUR | 9,152,880 | 0 | (a) | ||||||
| Eroski S Coop | 5.75% | 5/15/2031 | EUR | 1,700,000 | 2,045,050 | |||||||
| Eroski S Coop† | 5.75% | 5/15/2031 | EUR | 1,196,000 | 1,438,753 | |||||||
| Family Dollar Stores LLC†(c) | 10.00% | 7/31/2031 | $ | 4,815,000 | 4,832,507 | |||||||
| Ferrellgas LP/Ferrellgas Finance Corp.† | 9.25% | 1/15/2031 | 3,114,000 | 3,300,099 | ||||||||
| Global Auto Holdings Ltd./AAG FH U.K. Ltd. (United Kingdom)†(d) | 11.50% | 8/15/2029 | 2,620,000 | 2,774,488 | ||||||||
| GPS Hospitality Operating Co. LLC/GPS New Finco, Inc.† | 9.50% | 5/28/2030 | 2,587,877 | 2,523,180 | ||||||||
| GPS Hospitality Operating Co. LLC/GPS New Finco, Inc.† | 11.00% | 3/5/2031 | 3,129,372 | 2,894,669 | ||||||||
| Kohl’s Corp. | 5.125% | 5/1/2031 | 2,583,000 | 2,334,877 | ||||||||
| LBM Acquisition LLC† | 9.50% | 6/15/2031 | 9,214,000 | 7,624,045 | ||||||||
| Macy’s Retail Holdings LLC† | 6.70% | 7/15/2034 | 4,974,000 | 4,835,614 | ||||||||
| Michaels Cos., Inc.†(c) | 11.00% | 3/15/2034 | 6,416,000 | 6,232,498 | ||||||||
| Nordstrom, Inc. | 4.25% | 8/1/2031 | 3,447,000 | 3,189,594 | ||||||||
| Park River Holdings, Inc.† | 8.00% | 3/15/2031 | 5,022,000 | 5,052,514 | ||||||||
| Park River Holdings, Inc.†(c) | 8.75% | 12/31/2030 | 4,952,000 | 4,715,169 | ||||||||
| Petco Health & Wellness Co., Inc.†(c) | 8.25% | 2/1/2031 | 4,321,000 | 4,392,802 | ||||||||
| PetSmart LLC/PetSmart Finance Corp.† | 10.00% | 9/15/2033 | 9,596,000 | 9,590,095 | ||||||||
| Punch Finance PLC† | 7.875% | 12/30/2030 | GBP | 3,214,000 | 4,518,992 | |||||||
| QXO Building Products, Inc.† | 6.50% | 7/15/2031 | $ | 4,011,000 | 4,058,123 | |||||||
| QXO Building Products, Inc.† | 6.75% | 4/30/2032 | 3,075,000 | 3,147,613 | ||||||||
| Sally Holdings LLC/Sally Capital, Inc.(c) | 6.75% | 4/1/2032 | 3,168,000 | 3,241,488 | ||||||||
| Stonegate Pub Co. Financing PLC | 10.75% | 7/31/2029 | GBP | 5,874,000 | 8,092,516 | |||||||
| Victoria’s Secret & Co.† | 4.625% | 7/15/2029 | $ | 3,347,000 | 3,258,736 | |||||||
| Waga Bondco Ltd. | 8.50% | 6/15/2030 | GBP | 4,075,000 | 4,578,215 | |||||||
| White Cap Supply Holdings LLC†(c) | 7.375% | 11/15/2030 | $ | 3,258,000 | 3,311,092 | |||||||
| Total | 134,461,590 | |||||||||||
| Savings & Loans 0.00% | ||||||||||||
| Washington Mutual Bank/Debt not acquired by JPMorgan(g) | 6.875% | 6/15/2011 | 10,000,000 | 0 | (a) | |||||||
| Semiconductors 0.45% | ||||||||||||
| Amkor Technology, Inc.† | 5.875% | 10/1/2033 | 5,193,000 | 5,109,592 | ||||||||
| ams-OSRAM AG | 7.25% | 5/31/2032 | EUR | 2,809,000 | 3,360,605 | |||||||
| ams-OSRAM AG† | 7.25% | 5/31/2032 | EUR | 2,327,000 | 2,783,954 | |||||||
| Entegris, Inc.† | 5.95% | 6/15/2030 | $ | 3,181,000 | 3,211,581 | |||||||
| Total | 14,465,732 | |||||||||||
| See Notes to Schedule of Investments. | 117 |
Schedule of Investments (unaudited)(continued)
HIGH YIELD FUND August 31, 2026
| Investments | Interest Rate | Maturity Date | Principal Amount‡ | Fair Value | ||||||||
| Software 1.95% | ||||||||||||
| AthenaHealth Group, Inc.† | 7.50% | 2/15/2032 | $ | 2,671,000 | $ | 2,754,501 | ||||||
| Cloud Software Group LLC† | 8.25% | 6/30/2032 | 18,598,000 | 18,226,899 | ||||||||
| CoreWeave, Inc.†(c) | 9.00% | 2/1/2031 | 9,285,000 | 8,340,168 | ||||||||
| CoreWeave, Inc.† | 9.625% | 7/15/2032 | 3,011,000 | 2,660,435 | ||||||||
| CoreWeave, Inc.† | 9.75% | 10/1/2031 | 8,581,000 | 7,679,643 | ||||||||
| OAK-Eagle Acquireco, Inc.† | 7.25% | 7/1/2033 | 6,125,000 | 6,374,037 | ||||||||
| OAK-Eagle Acquireco, Inc.† | 8.75% | 7/1/2034 | 3,001,000 | 3,186,894 | ||||||||
| Pagaya U.S. Holdings Co. LLC†(c) | 8.875% | 8/1/2030 | 3,457,000 | 3,115,626 | ||||||||
| Rackspace Finance LLC† | 3.50% | 5/15/2028 | 2,506,341 | 2,105,326 | ||||||||
| Rackspace Technology Global, Inc.† | 5.375% | 12/1/2028 | 114,000 | 94,335 | ||||||||
| Rocket Software, Inc.† | 6.50% | 2/15/2029 | 5,264,000 | 5,164,391 | ||||||||
| Twilio, Inc. | 3.875% | 3/15/2031 | 3,494,000 | 3,280,359 | ||||||||
| Total | 62,982,614 | |||||||||||
| Telecommunications 7.01% | ||||||||||||
| APLD ComputeCo 2 LLC† | 6.75% | 3/15/2031 | 3,894,000 | 3,743,718 | ||||||||
| APLD ComputeCo 3 LLC† | 7.00% | 6/15/2031 | 8,644,000 | 8,333,261 | ||||||||
| APLD ComputeCo LLC†(c) | 9.25% | 12/15/2030 | 6,465,000 | 6,822,752 | ||||||||
| Black Pearl Compute LLC† | 6.125% | 2/15/2031 | 3,694,000 | 3,700,985 | ||||||||
| Cipher Compute LLC† | 7.125% | 11/15/2030 | 11,784,000 | 11,944,775 | ||||||||
| Connect Finco SARL/Connect U.S. Finco LLC (Luxembourg)†(d) | 9.00% | 9/15/2029 | 1,603,000 | 1,678,296 | ||||||||
| Core Scientific Finance I LLC† | 7.75% | 5/15/2031 | 13,097,000 | 12,716,173 | ||||||||
| Digicel International Finance Ltd./Difl U.S. LLC (Jamaica)†(d) | 8.625% | 8/1/2032 | 3,358,000 | 3,501,212 | ||||||||
| ELK Grove Village Property LLC†(c) | 7.50% | 6/15/2031 | 8,419,000 | 8,112,832 | ||||||||
| Eutelsat Communications SACA | 6.25% | 3/15/2033 | EUR | 6,680,000 | 7,890,062 | |||||||
| Eutelsat Communications SACA† | 6.25% | 3/15/2033 | EUR | 918,000 | 1,085,300 | |||||||
| Fibercop SpA (Italy)†(d) | 6.375% | 11/15/2033 | $ | 7,485,000 | 7,412,770 | |||||||
| Flash Compute LLC† | 7.25% | 12/31/2030 | 8,269,000 | 8,322,219 | ||||||||
| Galaxy Helios Data Centers II LLC† | 9.875% | 8/1/2031 | 4,868,000 | 4,824,980 | ||||||||
| Hughes Satellite Systems Corp.(g) | 5.25% | 8/1/2026 | 4,500,000 | 3,429,000 | ||||||||
| Hughes Satellite Systems Corp.(g) | 6.625% | 8/1/2026 | 12,527,000 | 5,927,964 | ||||||||
| Iliad Holding SAS (France)†(d) | 8.50% | 4/15/2031 | 3,644,000 | 3,825,249 | ||||||||
| Level 3 Financing, Inc.† | 3.75% | 7/15/2029 | 400,000 | 381,872 | ||||||||
| Level 3 Financing, Inc.† | 7.50% | 2/15/2037 | 6,847,750 | 6,800,047 | ||||||||
| Level 3 Financing, Inc.† | 8.50% | 1/15/2036 | 6,550,946 | 6,855,670 | ||||||||
| Lumen Technologies, Inc.†(c) | 4.50% | 1/15/2029 | 11,906,000 | 11,365,468 | ||||||||
| Lumen Technologies, Inc.† | 5.375% | 6/15/2029 | 9,903,000 | 9,514,186 | ||||||||
| Lumen Technologies, Inc. | 7.60% | 9/15/2039 | 1,867,000 | 1,731,478 | ||||||||
| Lumen Technologies, Inc. | 7.65% | 3/15/2042 | 1,867,000 | 1,700,949 | ||||||||
| 118 | See Notes to Schedule of Investments. |
Schedule of Investments (unaudited)(continued)
HIGH YIELD FUND August 31, 2026
| Investments | Interest Rate | Maturity Date | Principal Amount‡ | Fair Value | ||||||||
| Telecommunications (continued) | ||||||||||||
| Meridian Arc Holdco LLC† | 6.25% | 4/30/2031 | $ | 9,775,000 | $ | 9,299,363 | ||||||
| Millicom International Cellular SA (Luxembourg)(c)(d) | 7.375% | 4/2/2032 | 3,155,000 | 3,252,641 | ||||||||
| PR RNO Property Owner 1 LLC† | 6.50% | 5/1/2031 | 8,153,000 | 7,562,545 | ||||||||
| Qwest Capital Funding, Inc. | 7.75% | 2/15/2031 | 599,000 | 561,266 | ||||||||
| SES AMERICOM, Inc.† | 5.30% | 3/25/2044 | 6,207,000 | 4,523,072 | ||||||||
| Stingray Compute LLC†(c) | 6.00% | 6/15/2031 | 3,034,000 | 2,958,059 | ||||||||
| SV RNO Property Owner 1 LLC† | 5.875% | 3/1/2031 | 4,994,000 | 4,587,457 | ||||||||
| Telecom Italia Capital SA (Luxembourg)(d) | 7.721% | 6/4/2038 | 2,861,000 | 3,259,535 | ||||||||
| Uniti Group LP/Uniti Group Finance 2019, Inc./CSL Capital LLC† | 8.625% | 6/15/2032 | 9,708,000 | 9,984,387 | ||||||||
| VF Ukraine PAT via VFU Funding PLC (Ukraine)†(d) | 9.625% | 2/11/2027 | 2,039,112 | 2,029,344 | ||||||||
| Viasat, Inc.† | 7.50% | 5/30/2031 | 8,491,000 | 8,534,610 | ||||||||
| Vmed O2 U.K. Financing I PLC (United Kingdom)†(d) | 4.75% | 7/15/2031 | 4,532,000 | 3,680,364 | ||||||||
| WULF Compute LLC† | 7.75% | 10/15/2030 | 11,394,000 | 11,845,157 | ||||||||
| Yondr JK 1 LLC†(c) | 6.875% | 6/30/2031 | 3,346,000 | 3,137,529 | ||||||||
| Zenith Arc LLC† | 8.875% | 8/31/2031 | 9,356,000 | 9,035,189 | ||||||||
| Total | 225,871,736 | |||||||||||
| Transportation 1.70% | ||||||||||||
| Carriage Purchaser, Inc.† | 7.875% | 10/15/2029 | 6,538,000 | 6,553,923 | ||||||||
| Danaos Corp. (Marshall Islands)†(d) | 6.875% | 10/15/2032 | 4,868,000 | 4,982,822 | ||||||||
| GB AIT Buyer, Inc.† | 8.75% | 4/30/2034 | 3,135,000 | 3,194,891 | ||||||||
| Genesee & Wyoming, Inc.† | 6.25% | 4/15/2032 | 3,330,000 | 3,358,791 | ||||||||
| PODS LLC† | 8.75% | 5/15/2031 | 5,999,000 | 5,655,653 | ||||||||
| Rand Parent LLC† | 8.50% | 2/15/2030 | 7,720,000 | 7,969,155 | ||||||||
| Seaspan Corp. Pte. Ltd. (Hong Kong)†(d) | 5.50% | 8/1/2029 | 9,594,000 | 9,366,921 | ||||||||
| Star Leasing Co. LLC† | 7.625% | 2/15/2030 | 5,879,000 | 5,824,301 | ||||||||
| Watco Cos. LLC/Watco Finance Corp.† | 7.125% | 8/1/2032 | 4,245,000 | 4,377,547 | ||||||||
| XPO, Inc.† | 7.125% | 2/1/2032 | 3,435,000 | 3,551,326 | ||||||||
| Total | 54,835,330 | |||||||||||
| Trucking & Leasing 0.35% | ||||||||||||
| FTAI Aviation Investors LLC† | 7.00% | 5/1/2031 | 7,865,000 | 8,104,041 | ||||||||
| FTAI Aviation Investors LLC† | 7.875% | 12/1/2030 | 3,063,000 | 3,200,391 | ||||||||
| Total | 11,304,432 | |||||||||||
| Water 0.10% | ||||||||||||
| Nova Securitisation SARL (Luxembourg)†(d) | 6.50% | 2/3/2036 | 3,391,000 | 3,131,094 | ||||||||
| Total Corporate Bonds (cost $2,924,539,229) | 2,892,630,200 | |||||||||||
| See Notes to Schedule of Investments. | 119 |
Schedule of Investments (unaudited)(continued)
HIGH YIELD FUND August 31, 2026
| Investments | Interest Rate | Maturity Date | Principal Amount‡ | Fair Value | ||||||||
| FLOATING RATE LOANS(i) 5.83% | ||||||||||||
| Aerospace & Defense 0.20% | ||||||||||||
| Fastener Distribution Holdings LLC 2026 Term Loan B | – | (j) | 7/23/2033 | $ | 1,572,558 | $ | 1,579,438 | |||||
| Fastener Distribution Holdings LLC Delayed Draw Term Loan(k) | – | (j) | 7/23/2033 | 359,442 | 361,015 | |||||||
| PMI U.S. Bidco, Inc. Delayed Draw Term Loan(k) | – | (j) | 3/16/2033 | 375,448 | 377,419 | |||||||
| PMI U.S. Bidco, Inc. Term Loan B | 6.982% (3 mo. USD Term SOFR + 3.25%) | 3/16/2033 | 2,346,552 | 2,358,871 | ||||||||
| Zeus U.S. Bidco LLC Fungible Delayed Draw Term Loan(k) | – | (j) | 8/5/2033 | 340,357 | 341,102 | |||||||
| Zeus U.S. Bidco LLC Term Loan B | – | (j) | 8/5/2033 | 1,316,643 | 1,319,527 | |||||||
| Total | 6,337,372 | |||||||||||
| Biotechnology 0.09% | ||||||||||||
| Creek Parent, Inc. 2026 USD Term Loan B | 6.639% (1 mo. USD Term SOFR + 3.00%) | 8/12/2033 | 2,829,000 | 2,843,145 | ||||||||
| Building Materials 0.56% | ||||||||||||
| ACProducts, Inc. 2026 First Lien First Out Term Loan | 9.232% (3 mo. USD Term SOFR + 5.50%) | 11/14/2031 | 619,042 | 633,840 | ||||||||
| Associated Materials, Inc. 2022 Term Loan B | 9.686% (1 mo. USD Term SOFR + 6.00%) | 3/8/2029 | 4,292,683 | 3,958,476 | ||||||||
| OEP Glass Purchaser LLC 2026 Term Loan B | 7.732% (3 mo. USD Term SOFR + 4.00%) | 3/7/2033 | 6,829,550 | 6,833,853 | ||||||||
| Oscar AcquisitionCo LLC Term Loan B | – | (j) | 4/30/2029 | 4,800,000 | 3,265,080 | |||||||
| Watlow Electric Manufacturing Co. 2026 Delayed Draw Term Loan(k) | – | (j) | 6/17/2033 | 317,599 | 319,865 | |||||||
| Watlow Electric Manufacturing Co. 2026 Term Loan B | 6.506% (3 mo. USD Term SOFR + 2.75%) | 6/17/2033 | 3,027,776 | 3,049,379 | ||||||||
| Total | 18,060,493 | |||||||||||
| Chemicals 0.41% | ||||||||||||
| ASP Unifrax Holdings, Inc. 2026 Contingent Roll-Up Term Loan | 4.188% | 11/27/2026 | 74,000 | 65,757 | (a) | |||||||
| ASP Unifrax Holdings, Inc. 2026 DIP Term Loan | 4.188% | 11/27/2026 | 387,472 | 389,411 | ||||||||
| ASP Unifrax Holdings, Inc. 2026 Roll-Up DIP Term Loan | 4.188% | 11/27/2026 | 386,000 | 343,000 | (a) | |||||||
| INEOS Quattro Holdings U.K. Ltd. 2023 USD 1st Lien Term Loan B (United Kingdom)(d) | 8.035% (1 mo. USD Term SOFR + 4.25%) | 4/2/2029 | 8,533,849 | 7,193,309 | ||||||||
| 120 | See Notes to Schedule of Investments. |
Schedule of Investments (unaudited)(continued)
HIGH YIELD FUND August 31, 2026
| Investments | Interest Rate | Maturity Date | Principal Amount‡ | Fair Value | ||||||||
| Chemicals (continued) | ||||||||||||
| Ineos U.S. Finance LLC 2023 USD Term Loan B | 6.936% (1 mo. USD Term SOFR + 3.25%) | 2/18/2030 | $ | 5,493,811 | $ | 5,210,880 | ||||||
| Total | 13,202,357 | |||||||||||
| Commercial Services 0.03% | ||||||||||||
| TruGreen LP 2020 Term Loan | – | (j) | 11/2/2027 | 1,005,000 | 940,429 | |||||||
| Cosmetics/Personal Care 0.13% | ||||||||||||
| Conair Holdings LLC Term Loan B | 7.551% (1 mo. USD Term SOFR + 3.75%) | 5/17/2028 | 4,506,979 | 4,047,853 | ||||||||
| Electric 0.25% | ||||||||||||
| EFS Cogen Holdings I LLC 2026 Term Loan B | 6.232% (3 mo. USD Term SOFR + 2.50%) | 10/3/2031 | 4,378,456 | 4,385,023 | ||||||||
| Lackawanna Energy Center LLC 2025 Term Loan B | 6.392% (1 mo. USD Term SOFR + 2.75%) | 8/5/2032 | 3,759,839 | 3,771,589 | ||||||||
| Total | 8,156,612 | |||||||||||
| Electronics 0.25% | ||||||||||||
| Dresser Utility Solutions LLC 2026 Delayed Draw Term Loan(k) | – | (j) | 8/5/2033 | 869,843 | 873,110 | |||||||
| Dresser Utility Solutions LLC 2026 Term Loan B | – | (j) | 8/5/2033 | 5,382,157 | 5,402,366 | |||||||
| Skyshield U.S. Bidco Ltd. USD Term Loan B | 6.37% (3 mo. USD Term SOFR + 2.50%) | 6/30/2033 | 1,825,000 | 1,835,266 | ||||||||
| Total | 8,110,742 | |||||||||||
| Energy: Alternate Sources 0.12% | ||||||||||||
| Bayonne Energy Center LLC Term Loan B | 6.752% (3 mo. USD Term SOFR + 3.00%) | 10/1/2032 | 3,782,767 | 3,813,502 | ||||||||
| Environmental Control 0.21% | ||||||||||||
| EnergySolutions LLC 2026 Term Loan B | – | (j) | 7/23/2033 | 2,536,000 | 2,559,775 | |||||||
| LRS Holdings LLC 2026 Term Loan B | 7.436% (1 mo. USD Term SOFR + 3.75%) | 8/5/2033 | 4,173,000 | 4,180,845 | ||||||||
| Total | 6,740,620 | |||||||||||
| Health Care Products 0.10% | ||||||||||||
| Hologic Inc. 2026 USD 2nd Lien Term Loan | 8.745% (3 mo. USD Term SOFR + 5.00%) | 4/7/2034 | 3,293,000 | 3,260,070 | (a) | |||||||
| Health Care Services 0.02% | ||||||||||||
| New WPCC Parent LLC Term Loan | 13.186% (1 mo. USD Term SOFR + 9.50%) | 5/9/2030 | 663,835 | 647,240 | (l) | |||||||
| See Notes to Schedule of Investments. | 121 |
Schedule of Investments (unaudited)(continued)
HIGH YIELD FUND August 31, 2026
| Investments | Interest Rate | Maturity Date | Principal Amount‡ | Fair Value | ||||||||
| Information Technology Services 0.04% | ||||||||||||
| Recovery Solutions Parent LLC Term Loan | 11.232% (3 mo. USD Term SOFR + 7.50%) | 1/28/2030 | $ | 1,341,769 | $ | 1,332,551 | ||||||
| Insurance 0.10% | ||||||||||||
| Truist Insurance Holdings LLC 2nd Lien Term Loan | 8.482% (3 mo. USD Term SOFR + 4.75%) | 5/6/2032 | 3,382,000 | 3,258,692 | ||||||||
| Internet 0.18% | ||||||||||||
| Proofpoint, Inc. 2026 Term Loan B | – | (j) | 8/30/2030 | 3,328,000 | 3,288,197 | |||||||
| Sweetwater Borrower LLC 2026 1st Lien Term Loan B | 6.936% (1 mo. USD Term SOFR + 3.25%) | 2/17/2033 | 2,442,856 | 2,458,123 | ||||||||
| Total | 5,746,320 | |||||||||||
| Leisure Time 0.17% | ||||||||||||
| City Football Group Ltd. 2024 Term Loan (United Kingdom)(d) | 6.801% (1 mo. USD Term SOFR + 3.00%) | 7/22/2030 | 5,344,988 | 5,348,329 | ||||||||
| Machinery: Diversified 0.11% | ||||||||||||
| Victory Buyer LLC 2026 Term Loan B | 6.686% (1 mo. USD Term SOFR + 3.00%) | 2/14/2033 | 3,424,000 | 3,444,972 | ||||||||
| Media 0.22% | ||||||||||||
| Sinclair Television Group, Inc. 2025 Term Loan B6 | 7.147% (3 mo. USD Term SOFR + 3.30%) | 12/31/2029 | 2,413,611 | 2,235,619 | ||||||||
| Sinclair Television Group, Inc. 2025 Term Loan B7 | 7.932% (3 mo. USD Term SOFR + 4.10%) | 12/31/2030 | 5,494,072 | 4,996,172 | ||||||||
| Total | 7,231,791 | |||||||||||
| Metal Fabricate/Hardware 0.15% | ||||||||||||
| Tank Holding Corp. 2022 Term Loan | 9.536% (1 mo. USD Term SOFR + 5.75%) | 3/31/2028 | 5,143,488 | 4,913,317 | ||||||||
| Metals & Mining 0.18% | ||||||||||||
| American Rock Salt Co. LLC 2021 Term Loan | 7.994% (3 mo. USD Term SOFR + 4.00%) | 6/9/2028 | 6,018,325 | 5,879,692 | ||||||||
| Miscellaneous Manufacture 0.11% | ||||||||||||
| Rohm Holding GmbH 2024 EUR PIK Term Loan B | 7.678% (6 mo. EURIBOR + 5.00%) | 1/31/2029 | EUR | 3,203,977 | 3,685,757 | |||||||
| 122 | See Notes to Schedule of Investments. |
Schedule of Investments (unaudited)(continued)
HIGH YIELD FUND August 31, 2026
| Investments | Interest Rate | Maturity Date | Principal Amount‡ | Fair Value | ||||||||
| Personal & Household Products 0.00% | ||||||||||||
| FGI Operating Co. LLC Exit Term Loan | – | (j) | 12/31/2026 | $ | 545,977 | $ | 0 | (a) | ||||
| Pharmaceuticals 0.11% | ||||||||||||
| Bausch Health Cos., Inc. 2025 Term Loan B (Canada)(d) | 9.936% (1 mo. USD Term SOFR + 6.25%) | 10/8/2030 | 3,438,633 | 3,427,578 | ||||||||
| Pipelines 0.10% | ||||||||||||
| Birdsboro Power LLC 2026 Term Loan B | 7.50% (3 mo. USD Term SOFR + 3.75%) | 7/15/2033 | 3,233,000 | 3,263,326 | ||||||||
| Real Estate Investment Trusts 0.14% | ||||||||||||
| CyrusOne Holdco LLC Term Loan B | 7.738% (3 mo. USD Term SOFR + 4.00%) | 7/8/2033 | 4,487,000 | 4,378,572 | ||||||||
| Retail 0.44% | ||||||||||||
| LSF9 Atlantis Holdings LLC 2025 Term Loan B | 7.482% (3 mo. USD Term SOFR + 3.75%) | 3/29/2029 | 3,293,662 | 3,266,210 | ||||||||
| RVR Dealership Holdings LLC 2026 Term Loan B | 8.31% (3 mo. USD Term SOFR + 4.50%) | 2/26/2033 | 7,909,178 | 7,686,732 | ||||||||
| Splat Super Holdco LLC 2025 Delayed Draw Term Loan(k) | – | (j) | 7/2/2032 | 138,919 | 133,188 | |||||||
| Splat Super Holdco LLC 2025 Term Loan | 8.686% (1 mo. USD Term SOFR + 5.00%) | 7/2/2032 | 3,242,081 | 3,108,345 | ||||||||
| Total | 14,194,475 | |||||||||||
| Software 0.88% | ||||||||||||
| Boxer Parent Co., Inc. 2024 2nd Lien Term Loan | 9.573% (3 mo. USD Term SOFR + 5.75%) | 7/30/2032 | 5,696,000 | 5,272,388 | ||||||||
| Boxer Parent Co., Inc. 2025 USD Term Loan B | 6.514% (3 mo. USD Term SOFR + 2.75%) | 7/30/2031 | 5,310,556 | 5,046,408 | ||||||||
| Darktrace PLC 1st Lien Term Loan (United Kingdom)(d) | 6.988% (3 mo. USD Term SOFR + 3.25%) | 10/9/2031 | 5,159,374 | 4,887,243 | ||||||||
| Finastra USA, Inc. 2025 USD Term Loan | – | (j) | 9/15/2032 | 3,288,737 | 3,191,456 | |||||||
| Rackspace Finance LLC 2024 First Lien Second Out Term Loan | 6.523% (1 mo. USD Term SOFR + 2.75%) | 5/15/2028 | 7,152,163 | 6,266,082 | ||||||||
| Surf Holdings LLC 2025 Incremental Term Loan | 7.301% (1 mo. USD Term SOFR + 3.50%) | 3/5/2027 | 3,400,000 | 3,322,888 | ||||||||
| See Notes to Schedule of Investments. | 123 |
Schedule of Investments (unaudited)(continued)
HIGH YIELD FUND August 31, 2026
| Investments | Interest Rate | Maturity Date | Principal Amount‡ | Fair Value | |||||||||
| Software (continued) | |||||||||||||
| VCI Asset Holdings 3 LLC Fixed Term Loan | 6.875% | 4/24/2031 | $ | 477,850 | $ | 471,877 | (a) | ||||||
| Total | 28,458,342 | ||||||||||||
| Telecommunications 0.10% | |||||||||||||
| Delta TopCo, Inc. 2025 Term Loan B | 6.402% (3 mo. USD Term SOFR + 2.75%) | 11/30/2029 | 3,473,162 | 3,398,003 | |||||||||
| Utilities 0.43% | |||||||||||||
| Astoria Energy LLC 2025 Term Loan B | 5.936% - 5.98% (1 mo. USD Term SOFR + 2.25%) (3 mo. USD Term SOFR + 2.25%) | 6/23/2032 | 2,886,417 | 2,895,437 | |||||||||
| Indeck Niles LLC Term Loan B | 6.482% (3 mo. USD Term SOFR + 2.75%) | 3/9/2033 | 3,958,558 | 3,956,084 | |||||||||
| Invenergy Thermal Operating I LLC 2025 Term Loan B | 6.37% (3 mo. USD Term SOFR + 2.75%) | 5/17/2032 | 1,522,433 | 1,533,852 | |||||||||
| Invenergy Thermal Operating I LLC 2025 Term Loan C | 6.37% (3 mo. USD Term SOFR + 2.75%) | 5/17/2032 | 100,711 | 101,466 | |||||||||
| Kestrel Acquisition LLC 2026 Term Loan | 6.482% (3 mo. USD Term SOFR + 2.75%) | 11/6/2031 | 5,441,128 | 5,449,970 | |||||||||
| Total | 13,936,809 | ||||||||||||
| Total Floating Rate Loans (cost $186,281,110) | 188,058,961 | ||||||||||||
| NON-AGENCY COMMERCIAL MORTGAGE-BACKED SECURITIES 0.30% | |||||||||||||
| Merrill Lynch Mortgage Trust Series 2006-C1(e) | 5.908% | 5/12/2039 | 10,500,000 | 0 | |||||||||
| ROCK Trust Series 2024-CNTR Class E† | 8.819% | 11/13/2041 | 9,340,000 | 9,696,132 | |||||||||
| Total Non-Agency Commercial Mortgage-Backed Securities (cost $9,340,000) | 9,696,132 | ||||||||||||
| Dividend Rate | Shares | ||||||||||||
| PREFERRED STOCKS 0.18% | |||||||||||||
| Commercial Services & Supplies 0.04% | |||||||||||||
| Labels Buyer LLC | 12.00% | 1,698 | 1,281,990 | ||||||||||
| Transportation Infrastructure 0.14% | |||||||||||||
| ACBL Holdings Corp. | Zero Coupon | 102,014 | 4,420,624 | ||||||||||
| Total Preferred Stocks (cost $4,219,090) | 5,702,614 | ||||||||||||
| 124 | See Notes to Schedule of Investments. |
Schedule of Investments (unaudited)(continued)
HIGH YIELD FUND August 31, 2026
| Investments | Exercise Price | Expiration Date | Shares | Fair Value | ||||||||
| WARRANTS 0.00% | ||||||||||||
| Commercial Services & Supplies 0.00% | ||||||||||||
| Labels Buyer LLC* | $256.00 | 4/29/2033 | 1,586 | $ | 5,055 | |||||||
| Specialty Retail 0.00% | ||||||||||||
| Chinos Intermediate Holdings A, Inc.* | 3.50 | 12/31/2099 | 56,246 | 56,246 | ||||||||
| Total Warrants (cost $212,721) | 61,301 | |||||||||||
| Total Long-Term Investments (cost $3,212,055,111) | 3,192,067,901 | |||||||||||
| Principal Amount‡ | ||||||||||||
| SHORT-TERM INVESTMENTS 5.89% | ||||||||||||
| REPURCHASE AGREEMENTS 0.26% | ||||||||||||
| Repurchase Agreement dated 8/31/2026, 3.250% due
9/1/2026 with Fixed Income Clearing Corp. collateralized by $8,500,100 of U.S. Treasury Bill at 0.000% due 2/25/2027;
value: $8,338,220; proceeds: $8,175,307 (cost $8,174,569) | $ | 8,174,569 | 8,174,569 | |||||||||
| TIME DEPOSITS 0.56% | ||||||||||||
| CitiBank N.A.(m) (cost $18,152,205) | 18,152,205 | 18,152,205 | ||||||||||
| Shares | ||||||||||||
| MONEY MARKET FUNDS 5.07% | ||||||||||||
| Fidelity Government Portfolio(m) (cost $163,369,847) | 163,369,847 | 163,369,847 | ||||||||||
| Total Short-Term Investments (cost $189,696,621) | 189,696,621 | |||||||||||
| Total Investments in Securities 104.90% (cost $3,401,751,732) | 3,381,764,522 | |||||||||||
| Less Unfunded Loan Commitments (0.07%) (cost $2,397,194) | (2,405,699 | ) | ||||||||||
| Net Investments in Securities 104.83% (cost $3,399,354,538) | 3,379,358,823 | |||||||||||
| Other Assets and Liabilities – Net (4.83)% | (155,508,277 | ) | ||||||||||
| Net Assets 100.00% | $ | 3,223,850,546 | ||||||||||
| EUR | Euro. | |
| GBP | British Pound. | |
| CMT | Constant Maturity Rate. | |
| EURIBOR | Euro Interbank Offered Rate. | |
| ICE | Intercontinental Exchange. |
| See Notes to Schedule of Investments. | 125 |
Schedule of Investments (unaudited)(continued)
HIGH YIELD FUND August 31, 2026
| PIK | Payment-in-kind. | |
| REITS | Real Estate Investment Trusts. | |
| SOFR | Secured Overnight Financing Rate. | |
| * | Non-income producing security. | |
| ‡ | Principal Amount is denominated in U.S. dollars unless otherwise noted. | |
| † | Security was purchased pursuant to Rule 144A under the Securities Act of 1933 and, unless registered under such Act or exempted from registration, may only be resold to qualified institutional buyers. At August 31, 2026, the total value of Rule 144A securities was $2,468,812,555, which represents 76.58% of net assets. | |
| # | Variable rate security. The interest rate represents the rate in effect at August 31, 2026. | |
| (a) | Level 3 Investment as described in Note 2(a) in the Notes to Schedule of Investments. Security fair valued by the Pricing Committee. | |
| (b) | Investment in non-U.S. dollar denominated securities. | |
| (c) | All or a portion of this security is temporarily on loan to unaffiliated broker/dealers. | |
| (d) | Foreign security traded in U.S. dollars. | |
| (e) | Security has been deemed worthless. | |
| (f) | Security is perpetual in nature and has no stated maturity. | |
| (g) | Defaulted. | |
| (h) | Variable Rate is Fixed to Float: Rate remains fixed or at Zero Coupon until designated future date. | |
| (i) | Floating Rate Loans in which the Fund invests generally pay interest at rates which are periodically re-determined at a margin above the SOFR or the prime rate offered by major U.S. banks. The rate(s) shown is the rate(s) in effect at August 31, 2026. | |
| (j) | Interest rate to be determined. | |
| (k) | Security partially/fully unfunded. | |
| (l) | Level 3 Investment as described in Note 2(a) in the Notes to Schedule of Investments. Floating Rate Loans categorized as Level 3 are valued based on a single quotation obtained from a dealer. Generally accepted accounting principles in the United States of America do not require the Fund to create quantitative unobservable inputs that were not developed by the Fund. Therefore, the Fund does not have access to unobservable inputs and cannot disclose such inputs in the valuation. | |
| (m) | Security was purchased with the cash collateral from loaned securities. |
Forward Foreign Currency Exchange Contracts at August 31, 2026:
| Forward Foreign Currency Exchange Contracts | Transaction Type | Counterparty | Expiration Date | Foreign Currency | U.S. $ Cost on Origination Date | U.S. $ Current Value | Unrealized Appreciation | |||||||||||||
| Euro | Buy | Bank Of America | 9/18/2026 | 3,709,000 | $ | 4,233,861 | $ | 4,310,886 | $ | 77,025 | ||||||||||
| Euro | Buy | Bank Of America | 9/18/2026 | 1,922,000 | 2,220,088 | 2,233,896 | 13,808 | |||||||||||||
| Euro | Buy | State Street Bank And Trust | 9/18/2026 | 525,000 | 598,695 | 610,195 | 11,500 | |||||||||||||
| Euro | Buy | State Street Bank And Trust | 9/18/2026 | 1,428,000 | 1,643,209 | 1,659,732 | 16,523 | |||||||||||||
| Euro | Buy | State Street Bank And Trust | 9/18/2026 | 3,918,000 | 4,526,006 | 4,553,802 | 27,796 | |||||||||||||
| Euro | Sell | Morgan Stanley | 9/18/2026 | 49,541,000 | 57,796,497 | 57,580,368 | 216,129 | |||||||||||||
| Total Unrealized Appreciation on Forward Foreign Currency Exchange Contracts | $ | 362,781 | ||||||||||||||||||
| 126 | See Notes to Schedule of Investments. |
Schedule of Investments (unaudited)(continued)
HIGH YIELD FUND August 31, 2026
| Forward Foreign Currency Exchange Contracts | Transaction Type | Counterparty | Expiration Date | Foreign Currency | U.S. $ Cost on Origination Date | U.S. $ Current Value | Unrealized Depreciation | |||||||||||||
| British pound | Sell | State Street Bank And Trust | 11/6/2026 | 24,517,000 | $ | 33,012,263 | $ | 33,224,349 | $ | (212,086 | ) | |||||||||
| Euro | Sell | State Street Bank And Trust | 9/18/2026 | 2,757,000 | 3,172,606 | 3,204,398 | (31,792 | ) | ||||||||||||
| Total Unrealized Depreciation on Forward Foreign Currency Exchange Contracts | $ | (243,878 | ) | |||||||||||||||||
Futures Contracts at August 31, 2026:
| Type | Expiration | Contracts | Position | Notional Amount | Notional Value | Unrealized Appreciation | ||||||||||||
| U.S. 2-Year Treasury Note | December 2026 | 1,403 | Short | $ | (288,188,559 | ) | $ | (287,943,830 | ) | $ | 244,729 | |||||||
| Type | Expiration | Contracts | Position | Notional Amount | Notional Value | Unrealized Depreciation | ||||||||||||
| U.S. 10-Year Ultra Treasury Note | December 2026 | 394 | Long | $ | 43,523,448 | $ | 43,112,218 | $ | (411,230 | ) | ||||||||
| U.S. Ultra Treasury Bond | December 2026 | 271 | Short | (29,673,306 | ) | (29,818,468 | ) | (145,162 | ) | |||||||||
| Total Unrealized Depreciation on Futures Contracts | $ | (556,392 | ) | |||||||||||||||
| See Notes to Schedule of Investments. | 127 |
Schedule of Investments (unaudited)(continued)
HIGH YIELD FUND August 31, 2026
The following is a summary of the inputs used as of August 31, 2026 in valuing the Fund’s investments carried at fair value(1):
| Investment Type(2) | Level 1 | Level 2 | Level 3 | Total | ||||||||||||
| Long-Term Investments | ||||||||||||||||
| Common Stocks | ||||||||||||||||
| Commercial Services & Supplies | $ | – | $ | 243,581 | $ | 0 | $ | 243,581 | ||||||||
| Health Care Providers & Services | – | 1,691,281 | – | 1,691,281 | ||||||||||||
| Hotels, Restaurants & Leisure | – | – | 104,453 | 104,453 | ||||||||||||
| Machinery | – | 705 | – | 705 | ||||||||||||
| Miscellaneous Financials | – | 1,525,789 | – | 1,525,789 | ||||||||||||
| Personal Care Products | – | 2,339,929 | – | 2,339,929 | ||||||||||||
| Real Estate Management & Development | – | 798,856 | – | 798,856 | ||||||||||||
| Specialty Retail | – | 364,544 | – | 364,544 | ||||||||||||
| Transportation Infrastructure | – | 497,490 | – | 497,490 | ||||||||||||
| Remaining Industries | 38,358,109 | – | – | 38,358,109 | ||||||||||||
| Convertible Bonds | – | 49,993,956 | – | 49,993,956 | ||||||||||||
| Corporate Bonds | ||||||||||||||||
| Commercial Services | – | 119,749,438 | 0 | 119,749,438 | ||||||||||||
| Entertainment | – | 95,381,092 | 4,827,541 | 100,208,633 | ||||||||||||
| Food | – | 23,661,625 | 0 | 23,661,625 | ||||||||||||
| Retail | – | 134,461,590 | 0 | 134,461,590 | ||||||||||||
| Savings & Loans | – | – | 0 | 0 | ||||||||||||
| Remaining Industries | – | 2,514,548,914 | – | 2,514,548,914 | ||||||||||||
| Floating Rate Loans | ||||||||||||||||
| Chemicals | – | 12,793,600 | 408,757 | 13,202,357 | ||||||||||||
| Health Care Products | – | – | 3,260,070 | 3,260,070 | ||||||||||||
| Health Care Services | – | – | 647,240 | 647,240 | ||||||||||||
| Personal & Household Products | – | – | 0 | 0 | ||||||||||||
| Software | – | 27,986,465 | 471,877 | 28,458,342 | ||||||||||||
| Remaining Industries | – | 142,490,952 | – | 142,490,952 | ||||||||||||
| Less Unfunded Loan Commitments | – | (2,405,699 | ) | – | (2,405,699 | ) | ||||||||||
| Non-Agency Commercial Mortgage-Backed Securities | – | 9,696,132 | – | 9,696,132 | ||||||||||||
| Preferred Stocks | – | 5,702,614 | – | 5,702,614 | ||||||||||||
| Warrants | – | 61,301 | – | 61,301 | ||||||||||||
| Short-Term Investments | ||||||||||||||||
| Repurchase Agreements | – | 8,174,569 | – | 8,174,569 | ||||||||||||
| Time Deposits | – | 18,152,205 | – | 18,152,205 | ||||||||||||
| Money Market Funds | 163,369,847 | – | – | 163,369,847 | ||||||||||||
| Total | $ | 201,727,956 | $ | 3,167,910,929 | $ | 9,719,938 | $ | 3,379,358,823 | ||||||||
| 128 | See Notes to Schedule of Investments. |
Schedule of Investments (unaudited)(concluded)
HIGH YIELD FUND August 31, 2026
| Investment Type(2) | Level 1 | Level 2 | Level 3 | Total | ||||||||||||
| Other Financial Instruments | ||||||||||||||||
| Forward Foreign Currency Exchange Contracts | ||||||||||||||||
| Assets | $ | – | $ | 362,781 | $ | – | $ | 362,781 | ||||||||
| Liabilities | – | (243,878 | ) | – | (243,878 | ) | ||||||||||
| Futures Contracts | ||||||||||||||||
| Assets | 244,729 | – | – | 244,729 | ||||||||||||
| Liabilities | (556,392 | ) | – | – | (556,392 | ) | ||||||||||
| Total | $ | (311,663 | ) | $ | 118,903 | $ | – | $ | (192,760 | ) | ||||||
| (1) | Refer to Note 2(a) for a description of fair value measurements and the three-tier hierarchy of inputs. | |
| (2) | See Schedule of Investments for fair values in each industry and identification of foreign issuers and/or geography. The table above is presented by Investment Type. When applicable, each Level 3 security is identified on the Schedule of Investments along with the valuation technique utilized. |
A reconciliation of Level 3 investments is presented when the Fund has a material amount of Level 3 investments at the beginning or end of the period in relation to the Fund’s net assets. Management has determined not to provide a reconciliation and a summary of unobservable inputs as the balance of Level 3 investments was not considered to be material to the Fund’s net assets at the beginning or end of the period.
| See Notes to Schedule of Investments. | 129 |
Schedule of Investments (unaudited)
INCOME FUND August 31, 2026
| Investments | Interest Rate | Maturity Date | Principal Amount | Fair Value | ||||||||
| LONG-TERM INVESTMENTS 104.11% | ||||||||||||
| ASSET-BACKED SECURITIES 11.33% | ||||||||||||
| Automobiles 1.28% | ||||||||||||
| CPS Auto Receivables Trust Series 2022-B Class E† | 7.14% | 10/15/2029 | $ | 12,044,381 | $ | 12,102,211 | ||||||
| Exeter Automobile Receivables Trust Series 2023-2A Class E† | 9.75% | 11/15/2030 | 3,590,000 | 3,822,034 | ||||||||
| Exeter Automobile Receivables Trust Series 2024-1A Class D | 5.84% | 6/17/2030 | 7,320,000 | 7,388,608 | ||||||||
| Kinetic Advantage Master Owner Trust Series 2025-1A Class A† | 5.837% (30 day USD SOFR Average + 2.20%) | # | 10/15/2029 | 20,970,000 | 21,149,566 | |||||||
| Red Oak Funding Master Trust Series 2025-1A Class A† | 5.639% (30 day USD SOFR Average + 2.00%) | # | 12/20/2030 | 22,101,000 | 22,251,957 | |||||||
| U.S. Bank NA Series 2026-RVM1 Class C† | 5.595% | 12/25/2046 | 12,805,814 | 12,613,874 | ||||||||
| VStrong Auto Receivables Trust Series 2023-A Class E† | 9.99% | 12/16/2030 | 2,195,000 | 2,373,433 | ||||||||
| Total | 81,701,683 | |||||||||||
| Credit Card 0.46% | ||||||||||||
| Continental Finance Credit Card ABS Master Trust Series 2024-A Class A† | 5.78% | 12/15/2032 | 9,000,000 | 9,023,801 | ||||||||
| Fortiva Retail Prime Masters Notes Business Trust Series 2025-A Class A† | 6.60% | 9/17/2029 | 12,500,000 | 12,511,250 | (a) | |||||||
| Perimeter Master Note Business Trust Series 2025-1A Class A† | 5.58% | 12/16/2030 | 8,025,000 | 7,976,402 | ||||||||
| Total | 29,511,453 | |||||||||||
| Other 9.59% | ||||||||||||
| 37 Capital CLO II Series 2022-1A Class BR2† | 5.342% (3 mo. USD Term SOFR + 1.65%) | # | 4/15/2037 | 5,690,000 | 5,704,134 | |||||||
| Affirm Asset Securitization Trust Series 2024-B Class E† | 7.35% | 9/15/2029 | 9,250,000 | 9,254,397 | ||||||||
| Affirm Master Trust Series 2026-1A Class A† | 4.37% | 2/15/2034 | 9,700,000 | 9,636,903 | ||||||||
| Affirm Master Trust Series 2026-2A Class A† | 4.67% | 4/16/2035 | 6,210,000 | 6,162,749 | ||||||||
| Anchorage Capital CLO 30 Ltd. Series 2024-30A Class A1† | 5.029% (3 mo. USD Term SOFR + 1.30%) | # | 1/20/2037 | 12,000,000 | 12,009,048 | |||||||
| Arbor Realty Commercial Real Estate Notes LLC Series 2026-FL1 Class A† | 5.153% (1 mo. USD Term SOFR + 1.50%) | # | 9/20/2043 | 4,690,000 | 4,706,229 | |||||||
| 130 | See Notes to Schedule of Investments. |
Schedule of Investments (unaudited)(continued)
INCOME FUND August 31, 2026
| Investments | Interest Rate | Maturity Date | Principal Amount | Fair Value | ||||||||
| Other (continued) | ||||||||||||
| ARES Loan Funding V Ltd. Series 2024-ALF5A Class A1R† | 5.03% (3 mo. USD Term SOFR + 1.22%) | # | 7/25/2037 | $ | 16,110,000 | $ | 16,123,242 | |||||
| Atlantic Avenue Ltd. Series 2023-1A Class AR† | 5.113% (3 mo. USD Term SOFR + 1.36%) | # | 1/15/2039 | 11,350,000 | 11,365,742 | |||||||
| Atlas Senior Loan Fund XXIII Ltd. Series 2024-23A Class AJR† | 5.179% (3 mo. USD Term SOFR + 1.45%) | # | 7/20/2037 | 5,000,000 | 5,002,300 | |||||||
| Balboa Bay Loan Funding Ltd. Series 2023-2A Class A1R† | 4.879% (3 mo. USD Term SOFR + 1.15%) | # | 10/20/2036 | 6,620,000 | 6,623,204 | |||||||
| Barrow Hanley CLO II Ltd. Series 2023-2A Class A1R† | 5.039% (3 mo. USD Term SOFR + 1.31%) | # | 3/31/2038 | 11,650,000 | 11,687,070 | |||||||
| Barrow Hanley CLO III Ltd. Series 2024-3A Class AR† | 4.999% (3 mo. USD Term SOFR + 1.27%) | # | 4/20/2038 | 5,300,000 | 5,302,963 | |||||||
| Battalion CLO XIX Ltd. Series 2021-19A Class BR† | 5.353% (3 mo. USD Term SOFR + 1.60%) | # | 4/15/2034 | 10,000,000 | 10,014,450 | |||||||
| Bayview Opportunity Master Fund VII LLC Series 2026-CRD1 Class B† | 5.543% (30 day USD SOFR Average + 1.90%) | # | 9/25/2034 | 13,975,000 | 14,106,693 | |||||||
| Bayview Opportunity Master Fund VII LLC Series 2026-CRD1 Class C† | 5.993% (30 day USD SOFR Average + 2.35%) | # | 9/25/2034 | 9,075,000 | 9,193,214 | |||||||
| Benefit Street Partners CLO XXXVIII Ltd. Series 2024-38A Class A† | 5.12% (3 mo. USD Term SOFR + 1.31%) | # | 1/25/2038 | 4,500,000 | 4,508,919 | |||||||
| Birch Grove CLO 6 Ltd. Series 2023-6A Class A2R† | 5.379% (3 mo. USD Term SOFR + 1.65%) | # | 7/20/2038 | 7,500,000 | 7,508,797 | |||||||
| Birch Grove CLO Ltd. Series 19A Class A2R3† | 5.137% (3 mo. USD Term SOFR + 1.42%) | # | 7/17/2037 | 5,860,000 | 5,862,860 | |||||||
| BlueMountain CLO XXIX Ltd. Series 2020-29A Class BR2† | 5.36% (3 mo. USD Term SOFR + 1.55%) | # | 7/25/2034 | 24,500,000 | 24,525,161 | |||||||
| Brant Point CLO Ltd. Series 2023-1A Class A2R† | 5.51% (3 mo. USD Term SOFR + 1.70%) | # | 7/26/2038 | 11,400,000 | 11,424,145 | |||||||
| BSPDF Issuer LLC Series 2026-FL4 Class A† | 5.089% (1 mo. USD Term SOFR + 1.45%) | # | 11/18/2043 | 9,840,000 | 9,860,172 | |||||||
| See Notes to Schedule of Investments. | 131 |
Schedule of Investments (unaudited)(continued)
INCOME FUND August 31, 2026
| Investments | Interest Rate | Maturity Date | Principal Amount | Fair Value | ||||||||
| Other (continued) | ||||||||||||
| Cajun Global LLC Series 2025-2A Class A2† | 5.912% | 11/20/2055 | $ | 5,765,000 | $ | 5,731,846 | ||||||
| Carlyle U.S. CLO Ltd. Series 2019-4A Class A2R2† | 5.173% (3 mo. USD Term SOFR + 1.42%) | # | 6/22/2039 | 5,500,000 | 5,502,486 | |||||||
| Cathedral Lake VI Ltd. Series 2021-6A Class BR† | 5.66% (3 mo. USD Term SOFR + 1.85%) | # | 4/25/2034 | 12,500,000 | 12,510,175 | |||||||
| Cherry Securitization Trust Series 2024-1A Class A† | 5.70% | 4/15/2032 | 14,265,000 | 14,283,930 | ||||||||
| CIFC Funding Ltd. Series 2017-1A Class BR3† | 5.254% (3 mo. USD Term SOFR + 1.52%) | # | 4/21/2037 | 11,840,000 | 11,869,896 | |||||||
| Clarus Capital Funding LLC Series 2026-1A Class D† | 5.91% | 11/20/2034 | 9,757,000 | 9,754,547 | ||||||||
| Crown City CLO V Series 2023-5A Class A1R2† | 4.979% (3 mo. USD Term SOFR + 1.25%) | # | 4/22/2037 | 8,890,000 | 8,898,846 | |||||||
| CTM CLO Ltd. Series 2025-1A Class A2† | 5.503% (3 mo. USD Term SOFR + 1.75%) | # | 7/15/2038 | 4,000,000 | 4,004,752 | |||||||
| DailyPay Securitization Trust Series 2025-1A Class A† | 5.63% | 6/26/2028 | 9,590,000 | 9,611,276 | ||||||||
| Dell Equipment Finance Trust Series 2026-1A Class C† | 4.80% | 12/22/2031 | 6,250,000 | 6,210,631 | ||||||||
| Dell Equipment Finance Trust Series 2026-1A Class D† | 5.19% | 11/22/2032 | 4,350,000 | 4,319,559 | ||||||||
| Driven Brands Funding LLC Series 2024-1A Class A2† | 6.372% | 10/20/2054 | 2,842,000 | 2,859,507 | ||||||||
| Driven Brands Funding LLC Series 2025-1A Class A2† | 5.296% | 10/20/2055 | 6,505,838 | 6,303,892 | ||||||||
| Elmwood CLO 29 Ltd. Series 2024-5A Class BR2† | 5.279% (3 mo. USD Term SOFR + 1.55%) | # | 4/20/2037 | 12,650,000 | 12,689,190 | |||||||
| FCR Issuer LLC Series 2026-FL1 Class A† | 5.244% (1 mo. USD Term SOFR + 1.50%) | # | 8/19/2043 | 7,110,000 | 7,116,035 | |||||||
| Fortress Credit BSL XVII Ltd. Series 2022-1A Class B1R† | 5.402% (3 mo. USD Term SOFR + 1.65%) | # | 10/23/2034 | 9,050,000 | 9,058,398 | |||||||
| GreenSky Home Improvement Issuer Trust Series 2025-1A Class A3† | 5.32% | 3/25/2060 | 14,225,000 | 14,275,917 | ||||||||
| GreenSky Home Improvement Issuer Trust Series 2025-2A Class A3† | 5.02% | 6/25/2060 | 7,500,000 | 7,499,091 | ||||||||
| Hardee’s Funding LLC Series 2018-1A Class A23† | 5.71% | 6/20/2048 | 5,867,100 | 5,803,274 | ||||||||
| 132 | See Notes to Schedule of Investments. |
Schedule of Investments (unaudited)(continued)
INCOME FUND August 31, 2026
| Investments | Interest Rate | Maturity Date | Principal Amount | Fair Value | ||||||||
| Other (continued) | ||||||||||||
| Harvest U.S. CLO Ltd. Series 2025-3A Class B† | 5.403% (3 mo. USD Term SOFR + 1.65%) | # | 1/15/2038 | $ | 7,910,000 | $ | 7,939,670 | |||||
| HPS Loan Management Ltd. Series 2024-19A Class BR† | 5.353% (3 mo. USD Term SOFR + 1.60%) | # | 4/15/2037 | 3,000,000 | 3,005,739 | |||||||
| Invesco U.S. CLO Ltd. Series 2024-3A Class BR† | 5.279% (3 mo. USD Term SOFR + 1.55%) | # | 7/20/2037 | 7,750,000 | 7,787,828 | |||||||
| Kennedy Lewis CLO 13 Ltd. Series 2023-13A Class A1R† | 4.869% (3 mo. USD Term SOFR + 1.14%) | # | 1/20/2038 | 4,140,000 | 4,141,035 | |||||||
| KKR CLO 15 Ltd. Series 15 Class BR2† | 5.279% (3 mo. USD Term SOFR + 1.55%) | # | 1/18/2032 | 9,620,000 | 9,629,428 | |||||||
| KKR CLO 16 Ltd. Series 16 Class A2R3† | 5.329% (3 mo. USD Term SOFR + 1.60%) | # | 10/20/2034 | 21,240,000 | 21,277,765 | |||||||
| KKR CLO 54 Ltd. Series 2024-54A Class A† | 5.073% (3 mo. USD Term SOFR + 1.32%) | # | 1/15/2038 | 4,000,000 | 4,007,108 | |||||||
| Man U.S. CLO Ltd. Series 2021-1A Class A2R† | 5.167% (3 mo. USD Term SOFR + 1.47%) | # | 10/15/2038 | 8,590,000 | 8,594,200 | |||||||
| Man U.S. CLO Ltd. Series 2021-1A Class BR† | 5.297% (3 mo. USD Term SOFR + 1.60%) | # | 10/15/2038 | 7,890,000 | 7,897,795 | |||||||
| OWN Equipment Fund I LLC Series 2024-2M Class A† | 5.70% | 12/20/2032 | 6,836,762 | 6,801,011 | ||||||||
| OZLM XIV Ltd. Series 2015-14A Class A2R3† | 5.593% (3 mo. USD Term SOFR + 1.84%) | # | 1/15/2038 | 5,600,000 | 5,616,503 | |||||||
| Pagaya Point of Sale Holdings Grantor Trust Series 2025-1 Class A† | 5.715% | 1/20/2034 | 5,950,000 | 5,956,074 | ||||||||
| PFP Ltd. Series 2026-14 Class A† | 4.959% (1 mo. USD Term SOFR + 1.32%) | # | 12/18/2043 | 9,890,000 | 9,899,395 | |||||||
| RAD CLO 27 Ltd. Series 2024-27A Class A1† | 5.073% (3 mo. USD Term SOFR + 1.32%) | # | 1/15/2038 | 8,950,000 | 8,967,900 | |||||||
| Republic Finance Issuance Trust Series 2024-B Class D† | 8.83% | 11/20/2037 | 5,000,000 | 5,089,984 | ||||||||
| Rowe CLO Ltd. Series 2026-1A Class A2† | 5.131% (3 mo. USD Term SOFR + 1.45%) | # | 4/20/2039 | 5,000,000 | 4,999,020 | |||||||
| Saratoga Investment Corp. Senior Loan Fund Ltd. Series 2022-1A Class A1R† | 5.119% (3 mo. USD Term SOFR + 1.39%) | # | 10/20/2037 | 10,000,000 | 10,005,970 | |||||||
| See Notes to Schedule of Investments. | 133 |
Schedule of Investments (unaudited)(continued)
INCOME FUND August 31, 2026
| Investments | Interest Rate | Maturity Date | Principal Amount | Fair Value | ||||||||
| Other (continued) | ||||||||||||
| Saratoga Investment Corp. Senior Loan Fund Ltd. Series 2022-1A Class A2R† | 5.379% (3 mo. USD Term SOFR + 1.65%) | # | 10/20/2037 | $ | 4,000,000 | $ | 4,001,968 | |||||
| SEB Funding LLC Series 2026-1A Class A2† | 6.665% | 1/30/2056 | 12,500,000 | 12,349,182 | ||||||||
| Sierra Timeshare Receivables Funding LLC Series 2024-1A Class D† | 8.02% | 1/20/2043 | 601,596 | 610,561 | ||||||||
| Sierra Timeshare Receivables Funding LLC Series 2024-2A Class D† | 7.48% | 6/20/2041 | 1,450,215 | 1,460,713 | ||||||||
| Sierra Timeshare Receivables Funding LLC Series 2024-3A Class D† | 6.93% | 8/20/2041 | 1,718,253 | 1,711,478 | ||||||||
| Signal Peak CLO 5 Ltd. Series 2018-5A Class A2R2† | 5.26% (3 mo. USD Term SOFR + 1.45%) | # | 4/25/2037 | 24,000,000 | 24,044,544 | |||||||
| Sound Point CLO XXXI Ltd. Series 2021-3A Class BR† | 5.46% (3 mo. USD Term SOFR + 1.65%) | # | 10/25/2034 | 10,000,000 | 10,008,180 | |||||||
| Stream Innovations Issuer Trust Series 2024-1A Class A† | 6.27% | 7/15/2044 | 1,917,463 | 1,955,061 | ||||||||
| Stream Innovations Issuer Trust Series 2024-2A Class A† | 5.21% | 2/15/2045 | 10,661,021 | 10,563,025 | ||||||||
| Sycamore Tree CLO Ltd. Series 2023-3A Class BR2† | 5.379% (3 mo. USD Term SOFR + 1.65%) | # | 4/20/2037 | 6,000,000 | 6,009,516 | |||||||
| U.S. Bank NA Series 2025-SUP1 Class B† | 5.582% | 2/25/2032 | 3,022,521 | 3,006,481 | ||||||||
| U.S. Bank NA Series 2026-XOV1 Class C†(b) | 6.802% | 9/25/2033 | 6,750,000 | 6,757,425 | ||||||||
| Vibrant CLO XII Ltd. Series 2021-12A Class A2RR† | 5.379% (3 mo. USD Term SOFR + 1.65%) | # | 4/20/2034 | 12,940,000 | 12,950,831 | |||||||
| Whitebox CLO III Ltd. Series 2021-3A Class A1R† | 5.023% (3 mo. USD Term SOFR + 1.27%) | # | 10/15/2035 | 5,225,000 | 5,231,693 | |||||||
| Wind River CLO Ltd. Series 2021-4A Class AR† | 4.964% (3 mo. USD Term SOFR + 1.23%) | # | 1/20/2035 | 21,450,000 | 21,447,405 | |||||||
| Total | 612,610,128 | |||||||||||
| Total Asset-Backed Securities (cost $723,912,787) | 723,823,264 | |||||||||||
| CONVERTIBLE BONDS 0.19% | ||||||||||||
| Equity Real Estate 0.19% | ||||||||||||
| Redfin Corp. (cost $11,830,309) | 0.50% | 4/1/2027 | 12,174,000 | 11,839,215 | ||||||||
| 134 | See Notes to Schedule of Investments. |
Schedule of Investments (unaudited)(continued)
INCOME FUND August 31, 2026
| Investments | Interest Rate | Maturity Date | Principal Amount | Fair Value | ||||||||
| CORPORATE BONDS 66.27% | ||||||||||||
| Aerospace/Defense 1.39% | ||||||||||||
| Boeing Co. | 6.858% | 5/1/2054 | $ | 11,000,000 | $ | 11,792,766 | ||||||
| Boeing Co. | 8.625% | 11/15/2031 | 14,000,000 | 16,057,078 | ||||||||
| Bombardier, Inc. (Canada)†(c) | 6.75% | 6/15/2033 | 9,000,000 | 9,303,939 | ||||||||
| Bombardier, Inc. (Canada)†(c) | 7.25% | 7/1/2031 | 9,000,000 | 9,418,968 | ||||||||
| Czechoslovak Group AS (Czech Republic)†(c) | 6.50% | 1/10/2031 | 25,000,000 | 25,441,191 | ||||||||
| Hexcel Corp. | 5.875% | 2/26/2035 | 9,591,000 | 9,668,883 | ||||||||
| TransDigm, Inc.† | 6.125% | 7/31/2034 | 7,143,000 | 7,069,603 | ||||||||
| Total | 88,752,428 | |||||||||||
| Agriculture 1.69% | ||||||||||||
| BAT Capital Corp. | 7.75% | 10/19/2032 | 40,031,000 | 44,875,791 | ||||||||
| Imperial Brands Finance PLC (United Kingdom)†(c) | 5.625% | 7/1/2035 | 15,000,000 | 14,826,655 | ||||||||
| Imperial Brands Finance PLC (United Kingdom)†(c) | 5.875% | 7/1/2034 | 29,203,000 | 29,615,320 | ||||||||
| JT International Financial Services BV (Netherlands)†(c) | 6.875% | 10/24/2032 | 17,050,000 | 18,427,590 | ||||||||
| Total | 107,745,356 | |||||||||||
| Airlines 0.08% | ||||||||||||
| American Airlines Pass-Through Trust Class B | 5.75% | 11/10/2036 | 5,077,000 | 4,986,598 | ||||||||
| Auto Manufacturers 1.01% | ||||||||||||
| Ford Motor Credit Co. LLC | 2.90% | 2/10/2029 | 13,202,000 | 12,450,814 | ||||||||
| Ford Motor Credit Co. LLC | 6.054% | 11/5/2031 | 8,500,000 | 8,553,796 | ||||||||
| Ford Motor Credit Co. LLC | 6.107% | 8/15/2033 | 12,000,000 | 11,987,383 | ||||||||
| Ford Motor Credit Co. LLC | 7.35% | 11/4/2027 | 17,000,000 | 17,430,947 | ||||||||
| Nissan Motor Acceptance Co. LLC† | 1.85% | 9/16/2026 | 10,000,000 | 9,990,203 | ||||||||
| Stellantis Financial Services U.S. Corp.† | 5.40% | 6/15/2029 | 4,066,000 | 4,017,362 | ||||||||
| Total | 64,430,505 | |||||||||||
| Banks 8.88% | ||||||||||||
| ABN AMRO Bank NV (Netherlands)†(c) | 3.324% (5 yr. CMT + 1.90%) | # | 3/13/2037 | 8,600,000 | 7,644,640 | |||||||
| AIB Group PLC (Ireland)†(c) | 5.871% (SOFR + 1.91%) | # | 3/28/2035 | 5,276,000 | 5,378,278 | |||||||
| Banco de Credito del Peru SA (Peru)†(c) | 5.65% (5 yr. CMT + 1.96%) | # | 1/15/2037 | 12,000,000 | 11,955,000 | |||||||
| Barclays PLC (United Kingdom)(c) | 9.625% (5 yr. USD SOFR ICE Swap + 5.78%) | # | – | (d) | 10,000,000 | 11,056,000 | ||||||
| See Notes to Schedule of Investments. | 135 |
Schedule of Investments (unaudited)(continued)
INCOME FUND August 31, 2026
| Investments | Interest Rate | Maturity Date | Principal Amount | Fair Value | ||||||||
| Banks (continued) | ||||||||||||
| Capital One NA | 5.974% (5 yr. USD SOFR ICE Swap + 1.73%) | # | 8/9/2028 | $ | 4,419,000 | $ | 4,506,710 | |||||
| Citigroup, Inc. | 5.827% (SOFR + 2.06%) | # | 2/13/2035 | 15,000,000 | 14,969,635 | |||||||
| Citigroup, Inc. | 6.174% (SOFR + 2.66%) | # | 5/25/2034 | 13,454,000 | 13,787,154 | |||||||
| Citigroup, Inc. | 6.625% (5 yr. CMT + 3.00%) | # | – | (d) | 9,103,000 | 9,237,524 | ||||||
| Citizens Financial Group, Inc. | 5.718% (SOFR + 1.91%) | # | 7/23/2032 | 8,267,000 | 8,371,120 | |||||||
| Citizens Financial Group, Inc. | 6.645% (SOFR + 2.33%) | # | 4/25/2035 | 22,278,000 | 23,452,004 | |||||||
| First Citizens BancShares, Inc. | 5.60% (5 yr. CMT + 1.85%) | # | 9/5/2035 | 10,200,000 | 9,936,001 | |||||||
| First Citizens BancShares, Inc. | 6.254% (5 yr. CMT + 1.97%) | # | 3/12/2040 | 30,000,000 | 29,024,730 | |||||||
| Goldman Sachs Group, Inc. | 2.383% (SOFR + 1.25%) | # | 7/21/2032 | 18,105,000 | 15,807,047 | |||||||
| Goldman Sachs Group, Inc. | 5.016% (SOFR + 1.42%) | # | 10/23/2035 | 25,000,000 | 24,009,319 | |||||||
| Goldman Sachs Group, Inc. | 5.065% (SOFR + 1.19%) | # | 1/21/2037 | 19,544,000 | 18,564,576 | |||||||
| Goldman Sachs Group, Inc. | 5.094% (SOFR + 1.34%) | # | 4/20/2034 | 14,127,000 | 13,785,326 | |||||||
| Goldman Sachs Group, Inc. | 5.655% (SOFR + 1.45%) | # | 7/21/2037 | 10,000,000 | 9,910,444 | |||||||
| Intesa Sanpaolo SpA (Italy)†(c) | 4.198% (1 yr. CMT + 2.60%) | # | 6/1/2032 | 24,031,000 | 22,522,123 | |||||||
| Intesa Sanpaolo SpA (Italy)†(c)(e) | 8.248% (1 yr. CMT + 4.40%) | # | 11/21/2033 | 7,000,000 | 7,954,303 | |||||||
| JPMorgan Chase & Co. | 4.898% (SOFR + 1.07%) | # | 1/22/2037 | 25,000,000 | 23,780,517 | |||||||
| JPMorgan Chase & Co. | 5.193% (SOFR + 1.30%) | # | 2/5/2037 | 15,805,000 | 15,169,099 | |||||||
| JPMorgan Chase & Co. | 5.576% (SOFR + 1.64%) | # | 7/23/2036 | 6,850,000 | 6,819,900 | |||||||
| KeyCorp | 5.00% (3 mo. USD Term SOFR + 3.87%) | # | – | (d) | 7,306,000 | 7,308,762 | ||||||
| Macquarie Bank Ltd. (Australia)†(c) | 5.819% (1 yr. CMT + 1.35%) | # | 6/10/2037 | 20,000,000 | 19,528,364 | |||||||
| Morgan Stanley | 5.073% (SOFR + 1.18%) | # | 1/30/2037 | 34,919,000 | 33,303,321 | |||||||
| 136 | See Notes to Schedule of Investments. |
Schedule of Investments (unaudited)(continued)
INCOME FUND August 31, 2026
| Investments | Interest Rate | Maturity Date | Principal Amount | Fair Value | ||||||||
| Banks (continued) | ||||||||||||
| Morgan Stanley | 5.32% (SOFR + 1.56%) | # | 7/19/2035 | $ | 20,492,000 | $ | 20,186,719 | |||||
| Morgan Stanley | 6.342% (SOFR + 2.56%) | # | 10/18/2033 | 32,500,000 | 34,097,376 | |||||||
| PNC Financial Services Group, Inc. | 5.401% (SOFR + 1.60%) | # | 7/23/2035 | 6,740,000 | 6,678,609 | |||||||
| PNC Financial Services Group, Inc. | 6.875% (SOFR + 2.28%) | # | 10/20/2034 | 10,000,000 | 10,826,437 | |||||||
| Texas Capital Bancshares, Inc. | 5.301% (SOFR + 1.94%) | # | 2/27/2032 | 13,000,000 | 12,706,714 | |||||||
| U.S. Bancorp | 4.839% (SOFR + 1.60%) | # | 2/1/2034 | 11,165,000 | 10,826,553 | |||||||
| UBS Group AG (Switzerland)†(c) | 2.746% (1 yr. CMT + 1.10%) | # | 2/11/2033 | 7,700,000 | 6,756,143 | |||||||
| UBS Group AG (Switzerland)†(c) | 5.58% (SOFR + 1.76%) | # | 5/9/2036 | 14,443,000 | 14,369,169 | |||||||
| UBS Group AG (Switzerland)†(c) | 7.75% (5 yr. USD SOFR ICE Swap + 4.16%) | # | – | (d) | 7,500,000 | 7,878,967 | ||||||
| Wells Fargo & Co. | 3.35% (SOFR + 1.50%) | # | 3/2/2033 | 15,478,000 | 14,052,930 | |||||||
| Wells Fargo & Co. | 5.211% (SOFR + 1.38%) | # | 12/3/2035 | 30,000,000 | 29,379,665 | |||||||
| Wells Fargo & Co. | 6.491% (SOFR + 2.06%) | # | 10/23/2034 | 10,000,000 | 10,605,664 | |||||||
| Western Alliance Bancorp | 5.918% (3 mo. USD Term SOFR + 2.25%) | # | 6/15/2031 | 21,500,000 | 21,003,543 | |||||||
| Total | 567,150,386 | |||||||||||
| Beverages 0.23% | ||||||||||||
| Bacardi Ltd./Bacardi-Martini BV† | 5.40% | 6/15/2033 | 15,104,000 | 14,799,243 | ||||||||
| Biotechnology 0.25% | ||||||||||||
| Biocon Biologics Global PLC (United Kingdom)†(c) | 6.67% | 10/9/2029 | 16,000,000 | 16,096,514 | ||||||||
| Chemicals 0.85% | ||||||||||||
| Celanese U.S. Holdings LLC | 7.35% | 11/15/2028 | 11,000,000 | 11,437,008 | ||||||||
| OCP SA (Malaysia)†(c) | 7.50% | 5/2/2054 | 15,000,000 | 15,634,380 | ||||||||
| SNF Group SACA (France)†(c) | 5.626% | 3/31/2031 | 27,000,000 | 27,119,230 | ||||||||
| Total | 54,190,618 | |||||||||||
| Coal 0.29% | ||||||||||||
| Alliance Resource Operating Partners LP/Alliance Resource Finance Corp.† | 8.625% | 6/15/2029 | 12,000,000 | 12,500,211 | ||||||||
| See Notes to Schedule of Investments. | 137 |
Schedule of Investments (unaudited)(continued)
INCOME FUND August 31, 2026
| Investments | Interest Rate | Maturity Date | Principal Amount | Fair Value | ||||||||
| Coal (continued) | ||||||||||||
| Indika Energy Tbk. PT (Indonesia)(c) | 8.75% | 5/7/2029 | $ | 6,000,000 | $ | 6,153,024 | ||||||
| Total | 18,653,235 | |||||||||||
| Commercial Services 0.17% | ||||||||||||
| Allied Universal Holdco LLC/Allied Universal Finance Corp.† | 6.00% | 6/1/2029 | 2,932,000 | 2,929,069 | ||||||||
| Mobility Global, Inc.† | 5.45% | 6/15/2031 | 7,700,000 | 7,671,085 | ||||||||
| Total | 10,600,154 | |||||||||||
| Computers 0.17% | ||||||||||||
| Apple, Inc. | 2.80% | 2/8/2061 | 20,000,000 | 10,799,257 | ||||||||
| Diversified Financial Services 4.77% | ||||||||||||
| Aircastle Ltd./Aircastle Ireland DAC† | 5.75% | 10/1/2031 | 20,000,000 | 20,250,410 | ||||||||
| Atlas Warehouse Lending Co. LP† | 4.95% | 11/15/2030 | 6,954,000 | 6,797,364 | ||||||||
| Atlas Warehouse Lending Co. LP† | 6.25% | 1/15/2030 | 11,151,000 | 11,406,789 | ||||||||
| Aviation Capital Group LLC† | 4.875% | 1/28/2033 | 10,000,000 | 9,576,188 | ||||||||
| Avilease Capital Ltd. (Cayman Islands)†(c) | 4.75% | 11/12/2030 | 20,000,000 | 19,424,148 | ||||||||
| Avolon Holdings Funding Ltd. (Ireland)†(c) | 4.85% | 4/1/2033 | 6,737,000 | 6,439,965 | ||||||||
| Azorra Finance Ltd. (Cayman Islands)†(c) | 7.75% | 4/15/2030 | 6,000,000 | 6,232,656 | ||||||||
| Citadel Securities Global Holdings LLC† | 6.20% | 6/18/2035 | 27,691,000 | 27,834,445 | ||||||||
| Freedom Mortgage Holdings LLC† | 9.25% | 2/1/2029 | 12,315,000 | 12,739,350 | ||||||||
| GGAM Finance Ltd. (Ireland)†(c) | 8.00% | 6/15/2028 | 8,000,000 | 8,284,776 | ||||||||
| ILFC E-Capital Trust I† | 6.48% | #(f) | 12/21/2065 | 28,163,000 | 24,799,352 | |||||||
| ILFC E-Capital Trust II†(e) | 6.73% | #(f) | 12/21/2065 | 4,500,000 | 4,065,171 | |||||||
| Intercontinental Exchange, Inc. | 5.40% | 9/1/2036 | 4,381,000 | 4,360,637 | ||||||||
| Jane Street Group/JSG Finance, Inc.† | 7.294% | 8/13/2031 | 9,000,000 | 9,213,750 | ||||||||
| Jane Street Group/JSG Finance, Inc.† | 7.686% | 8/13/2033 | 10,000,000 | 10,262,500 | ||||||||
| Jefferson Capital Holdings LLC† | 9.50% | 2/15/2029 | 10,000,000 | 10,471,230 | ||||||||
| LPL Holdings, Inc.† | 4.375% | 5/15/2031 | 20,862,000 | 19,884,702 | ||||||||
| Macquarie Airfinance Holdings Ltd. (United Kingdom)†(c) | 5.15% | 3/17/2030 | 6,500,000 | 6,442,364 | ||||||||
| Macquarie Airfinance Holdings Ltd. (United Kingdom)†(c) | 6.50% | 3/26/2031 | 9,087,000 | 9,417,264 | ||||||||
| Muthoot Finance Ltd. (India)(c) | 6.375% | 4/23/2029 | 6,000,000 | 6,001,557 | ||||||||
| Navient Corp. | 11.50% | 3/15/2031 | 9,500,000 | 10,264,722 | ||||||||
| Neuberger Berman Group LLC/Neuberger Berman Finance Corp.† | 4.50% | 3/15/2027 | 7,104,000 | 7,094,654 | ||||||||
| Nuveen LLC† | 5.85% | 4/15/2034 | 7,712,000 | 7,811,523 | ||||||||
| Osaic Holdings, Inc.† | 8.00% | 8/1/2033 | 6,001,000 | 6,150,113 | ||||||||
| Rocket Cos., Inc.† | 6.125% | 8/1/2030 | 10,000,000 | 10,138,620 | ||||||||
| Rocket Cos., Inc.† | 7.125% | 2/1/2032 | 19,000,000 | 19,633,137 | ||||||||
| 138 | See Notes to Schedule of Investments. |
Schedule of Investments (unaudited)(continued)
INCOME FUND August 31, 2026
| Investments | Interest Rate | Maturity Date | Principal Amount | Fair Value | ||||||||
| Diversified Financial Services (continued) | ||||||||||||
| Stellantis Financial Services U.S. Corp.† | 4.95% | 9/15/2028 | $ | 9,551,000 | $ | 9,471,273 | ||||||
| Total | 304,468,660 | |||||||||||
| Electric 10.26% | ||||||||||||
| AEP Texas, Inc. | 5.20% | 4/15/2036 | 28,000,000 | 27,030,120 | ||||||||
| AEP Transmission Co. LLC | 5.25% | 6/1/2036 | 8,740,000 | 8,579,373 | ||||||||
| AES Corp. | 5.75% | 7/15/2033 | 10,000,000 | 9,891,023 | ||||||||
| Capital Power U.S. Holdings, Inc.† | 6.189% | 6/1/2035 | 27,000,000 | 27,368,537 | ||||||||
| Chpe LLC† | 5.10% | 6/30/2033 | 13,000,000 | 12,753,815 | ||||||||
| Chpe LLC† | 5.35% | 6/30/2036 | 20,000,000 | 19,454,437 | ||||||||
| Comision Federal de Electricidad (Mexico)†(c) | 6.045% | 1/28/2034 | 6,228,000 | 6,070,743 | ||||||||
| Comision Federal de Electricidad (Mexico)(c) | 6.45% | 1/24/2035 | 10,161,000 | 10,101,237 | ||||||||
| Constellation Energy Generation LLC | 6.25% | 10/1/2039 | 15,209,000 | 15,534,475 | ||||||||
| Constellation Energy Generation LLC | 6.50% | 10/1/2053 | 8,219,000 | 8,471,647 | ||||||||
| COX Asset Mexico SA de CV (Mexico)†(c) | 7.125% | 1/8/2032 | 21,000,000 | 21,098,808 | ||||||||
| Dominion Energy, Inc. | 6.875% (5 yr. CMT + 2.39%) | # | 2/1/2055 | 4,145,000 | 4,219,921 | |||||||
| Duquesne Light Holdings, Inc.† | 2.775% | 1/7/2032 | 14,581,000 | 12,780,231 | ||||||||
| Electricite de France SA (France)(c) | 4.50% | 12/4/2069 | 30,400,000 | 20,674,112 | ||||||||
| Electricite de France SA (France)(c) | 4.50% | 12/4/2069 | 5,600,000 | 3,808,389 | ||||||||
| Electricite de France SA (France)†(c) | 9.125% (5 yr. CMT + 5.41%) | # | – | (d) | 10,561,000 | 12,106,590 | ||||||
| Entergy Texas, Inc. | 5.20% | 6/15/2036 | 18,945,000 | 18,401,697 | ||||||||
| Evergy Missouri West, Inc.† | 5.25% | 12/15/2035 | 10,445,000 | 10,145,263 | ||||||||
| Evergy Missouri West, Inc.† | 5.65% | 6/1/2034 | 18,499,000 | 18,511,246 | ||||||||
| Indianapolis Power & Light Co.† | 5.70% | 4/1/2054 | 6,551,000 | 6,197,625 | ||||||||
| IPALCO Enterprises, Inc. | 4.25% | 5/1/2030 | 12,282,000 | 11,891,333 | ||||||||
| ITC Holdings Corp.† | 5.50% | 4/15/2036 | 46,380,000 | 45,696,346 | ||||||||
| Kentucky Power Co.† | 7.00% | 11/15/2033 | 20,922,000 | 22,189,495 | ||||||||
| Kentucky Utilities Co. | 5.85% | 8/15/2055 | 8,495,000 | 8,173,721 | ||||||||
| Liberty Utilities Co.† | 5.65% | 5/15/2036 | 20,000,000 | 19,475,535 | ||||||||
| Liberty Utilities Co.† | 5.869% | 1/31/2034 | 19,283,000 | 19,425,971 | ||||||||
| NextEra Energy Capital Holdings, Inc. | 6.625% (5 yr. CMT + 1.69%) | # | 10/1/2066 | 12,499,000 | 12,195,232 | |||||||
| NRG Energy, Inc.† | 5.407% | 10/15/2035 | 6,410,000 | 6,125,778 | ||||||||
| Oglethorpe Power Corp. | 5.90% | 2/1/2055 | 7,490,000 | 7,085,392 | ||||||||
| Oglethorpe Power Corp. | 6.20% | 12/1/2053 | 10,569,000 | 10,519,609 | ||||||||
| Pacific Gas & Electric Co. | 5.20% | 5/1/2036 | 25,000,000 | 23,596,696 | ||||||||
| Pacific Gas & Electric Co. | 5.80% | 5/15/2034 | 9,670,000 | 9,685,772 | ||||||||
| Pacific Gas & Electric Co. | 6.15% | 1/15/2033 | 6,680,000 | 6,864,647 | ||||||||
| Pacific Gas & Electric Co. | 6.70% | 4/1/2053 | 26,207,000 | 26,109,916 | ||||||||
| See Notes to Schedule of Investments. | 139 |
Schedule of Investments (unaudited)(continued)
INCOME FUND August 31, 2026
| Investments | Interest Rate | Maturity Date | Principal Amount | Fair Value | ||||||||
| Electric (continued) | ||||||||||||
| Palomino Funding Trust I† | 7.233% | 5/17/2028 | $ | 9,071,000 | $ | 9,360,066 | ||||||
| PG&E Corp. | 5.25% | 7/1/2030 | 24,000,000 | 23,368,591 | ||||||||
| PSEG Power LLC† | 5.75% | 5/15/2035 | 19,513,000 | 19,474,702 | ||||||||
| Puget Energy, Inc. | 4.10% | 6/15/2030 | 11,091,000 | 10,641,172 | ||||||||
| Puget Energy, Inc. | 5.725% | 3/15/2035 | 12,000,000 | 11,870,442 | ||||||||
| System Energy Resources, Inc. | 5.30% | 12/15/2034 | 14,000,000 | 13,705,899 | ||||||||
| Vistra Operations Co. LLC† | 5.25% | 4/30/2033 | 20,250,000 | 19,754,602 | ||||||||
| Vistra Operations Co. LLC† | 5.70% | 12/30/2034 | 19,000,000 | 18,750,327 | ||||||||
| Vistra Operations Co. LLC† | 7.75% | 10/15/2031 | 25,553,000 | 26,624,514 | ||||||||
| Total | 655,785,047 | |||||||||||
| Electronics 0.76% | ||||||||||||
| Flex Ltd. | 5.25% | 1/15/2032 | 10,000,000 | 9,787,289 | ||||||||
| nVent Finance SARL (Luxembourg)(c) | 2.75% | 11/15/2031 | 3,725,000 | 3,283,493 | ||||||||
| nVent Finance SARL (Luxembourg)(c) | 5.65% | 5/15/2033 | 14,351,000 | 14,533,142 | ||||||||
| Vontier Corp. | 2.95% | 4/1/2031 | 22,868,000 | 20,690,973 | ||||||||
| Total | 48,294,897 | |||||||||||
| Engineering & Construction 0.39% | ||||||||||||
| Jacobs Solutions, Inc. | 5.375% | 3/3/2036 | 8,975,000 | 8,600,892 | ||||||||
| Sydney Airport Finance Co. Pty. Ltd. (Australia)†(c) | 5.248% | 3/26/2036 | 16,500,000 | 16,033,725 | ||||||||
| Total | 24,634,617 | |||||||||||
| Entertainment 0.08% | ||||||||||||
| Penn Entertainment, Inc.†(e) | 5.625% | 1/15/2027 | 5,000,000 | 5,022,645 | ||||||||
| Equity Real Estate 0.13% | ||||||||||||
| Cushman & Wakefield U.S. Borrower LLC† | 8.875% | 9/1/2031 | 8,000,000 | 8,385,576 | ||||||||
| Food 0.68% | ||||||||||||
| Conagra Brands, Inc. | 5.40% | 8/1/2031 | 4,416,000 | 4,403,068 | ||||||||
| JBS NV/JBS USA Foods Group Holdings, Inc./JBS USA Food Co. Holdings (Netherlands)(c) | 5.50% | 1/15/2036 | 11,721,000 | 11,419,488 | ||||||||
| Pilgrim’s Pride Corp. | 3.50% | 3/1/2032 | 12,130,000 | 10,990,014 | ||||||||
| Pilgrim’s Pride Corp. | 4.25% | 4/15/2031 | 17,296,000 | 16,468,027 | ||||||||
| Total | 43,280,597 | |||||||||||
| Gas 0.48% | ||||||||||||
| National Fuel Gas Co. | 2.95% | 3/1/2031 | 13,831,000 | 12,528,047 | ||||||||
| National Fuel Gas Co. | 5.50% | 5/15/2036 | 5,255,000 | 5,112,350 | ||||||||
| National Fuel Gas Co. | 5.95% | 3/15/2035 | 13,079,000 | 13,302,692 | ||||||||
| Total | 30,943,089 |
| 140 | See Notes to Schedule of Investments. |
Schedule of Investments (unaudited)(continued)
INCOME FUND August 31, 2026
| Investments | Interest Rate | Maturity Date | Principal Amount | Fair Value | ||||||||
| Health Care-Products 1.50% | ||||||||||||
| 180 Medical, Inc.† | 5.30% | 10/8/2035 | $ | 9,979,000 | $ | 9,605,712 | ||||||
| Baxter International, Inc. | 2.539% | 2/1/2032 | 13,056,000 | 11,224,175 | ||||||||
| Baxter International, Inc. | 5.65% | 12/15/2035 | 37,000,000 | 36,132,890 | ||||||||
| Medline Borrower LP/Medline Co-Issuer, Inc.† | 6.25% | 4/1/2029 | 9,996,000 | 10,168,131 | ||||||||
| VSP Optical Group, Inc.† | 5.40% | 6/1/2033 | 8,238,000 | 8,155,854 | ||||||||
| VSP Optical Group, Inc.† | 5.45% | 12/1/2035 | 20,739,000 | 20,270,528 | ||||||||
| Total | 95,557,290 | |||||||||||
| Health Care-Services 3.08% | ||||||||||||
| Adventist Health System | 5.757% | 12/1/2034 | 38,550,000 | 38,772,856 | ||||||||
| Centene Corp. | 3.375% | 2/15/2030 | 21,000,000 | 19,515,462 | ||||||||
| CommonSpirit Health | 4.35% | 11/1/2042 | 10,000,000 | 8,458,274 | ||||||||
| CommonSpirit Health | 5.318% | 12/1/2034 | 43,000,000 | 42,293,985 | ||||||||
| Fresenius Medical Care U.S. Finance III, Inc.† | 3.00% | 12/1/2031 | 33,000,000 | 29,252,655 | ||||||||
| Icon Investments Six DAC (Ireland)†(c) | 5.995% | 8/13/2036 | 8,205,000 | 8,183,816 | ||||||||
| Icon Investments Six DAC (Ireland)(c)(e) | 6.00% | 5/8/2034 | 17,285,000 | 17,464,578 | ||||||||
| Rede D’or Finance SARL (Luxembourg)†(c) | 6.55% | 4/28/2036 | 15,000,000 | 14,546,250 | ||||||||
| Tenet Healthcare Corp. | 6.125% | 10/1/2028 | 5,861,000 | 5,869,141 | ||||||||
| Universal Health Services, Inc. | 2.65% | 10/15/2030 | 8,792,000 | 7,897,262 | ||||||||
| Universal Health Services, Inc. | 5.50% | 9/1/2031 | 4,235,000 | 4,234,943 | ||||||||
| Total | 196,489,222 | |||||||||||
| Home Builders 0.21% | ||||||||||||
| Brookfield Residential Properties, Inc./Brookfield Residential U.S. LLC (Canada)†(c) | 6.25% | 9/15/2027 | 8,000,000 | 8,004,308 | ||||||||
| LGI Homes, Inc.† | 8.75% | 12/15/2028 | 5,000,000 | 5,149,720 | ||||||||
| Total | 13,154,028 | |||||||||||
| Insurance 1.66% | ||||||||||||
| ACE Capital Trust II | 9.70% | 4/1/2030 | 14,500,000 | 16,691,335 | ||||||||
| Aon Corp. | 8.205% | 1/1/2027 | 11,490,000 | 11,617,851 | ||||||||
| Arch Capital Group Ltd. | 7.35% | 5/1/2034 | 13,793,000 | 15,378,283 | ||||||||
| F&G Annuities & Life, Inc. | 7.40% | 1/13/2028 | 10,093,000 | 10,326,024 | ||||||||
| MetLife, Inc.† | 9.25% | 4/8/2068 | 15,000,000 | 17,389,920 | ||||||||
| MetLife, Inc. | 10.75% | 8/1/2069 | 11,578,000 | 14,842,649 | ||||||||
| MGIC Investment Corp. | 5.25% | 8/15/2028 | 13,000,000 | 12,972,810 | ||||||||
| Protective Life Corp. | 8.45% | 10/15/2039 | 6,001,000 | 7,142,161 | ||||||||
| Total | 106,361,033 | |||||||||||
| Internet 1.66% | ||||||||||||
| Alphabet, Inc. | 5.45% | 8/15/2036 | 9,565,000 | 9,493,220 | ||||||||
| Amazon.com, Inc. | 6.25% | 7/9/2066 | 25,000,000 | 24,102,642 |
| See Notes to Schedule of Investments. | 141 |
Schedule of Investments (unaudited)(continued)
INCOME FUND August 31, 2026
| Investments | Interest Rate | Maturity Date | Principal Amount | Fair Value | ||||||||
| Internet (continued) | ||||||||||||
| Beignet Investor LLC† | 6.581% | 5/30/2049 | $ | 42,000,000 | $ | 40,260,224 | ||||||
| Prosus NV (Netherlands)(c) | 4.027% | 8/3/2050 | 25,000,000 | 17,127,347 | ||||||||
| Rakuten Group, Inc. (Japan)†(c) | 11.25% | 2/15/2027 | 15,000,000 | 15,405,601 | ||||||||
| Total | 106,389,034 | |||||||||||
| Investment Companies 0.35% | ||||||||||||
| HA Sustainable Infrastructure Capital, Inc. | 6.375% | 7/1/2034 | 22,000,000 | 22,165,053 | ||||||||
| Leisure Time 0.83% | ||||||||||||
| Carnival Corp. Ltd.† | 4.00% | 8/1/2028 | 8,000,000 | 7,836,904 | ||||||||
| Carnival Corp. Ltd.† | 5.75% | 3/15/2030 | 5,000,000 | 5,032,440 | ||||||||
| Carnival Corp. Ltd.† | 6.125% | 2/15/2033 | 20,000,000 | 20,060,160 | ||||||||
| Royal Caribbean Cruises Ltd.† | 6.00% | 2/1/2033 | 20,000,000 | 20,126,185 | ||||||||
| Total | 53,055,689 | |||||||||||
| Lodging 0.54% | ||||||||||||
| Full House Resorts, Inc.† | 8.25% | 2/15/2028 | 10,000,000 | 9,476,780 | ||||||||
| Genting New York LLC/GENNY Capital, Inc.† | 7.25% | 10/1/2029 | 14,930,000 | 15,332,341 | ||||||||
| Las Vegas Sands Corp. | 6.00% | 8/15/2029 | 9,463,000 | 9,656,886 | ||||||||
| Total | 34,466,007 | |||||||||||
| Machinery: Construction & Mining 0.25% | ||||||||||||
| Vertiv Holdings Co. | 4.85% | 3/15/2036 | 10,000,000 | 9,467,575 | ||||||||
| Vertiv Holdings Co. | 5.80% | 3/15/2056 | 7,000,000 | 6,554,077 | ||||||||
| Total | 16,021,652 | |||||||||||
| Machinery-Diversified 0.33% | ||||||||||||
| Flowserve Corp. | 2.80% | 1/15/2032 | 4,429,000 | 3,891,721 | ||||||||
| Flowserve Corp. | 5.70% | 5/15/2036 | 9,000,000 | 8,879,900 | ||||||||
| Regal Rexnord Corp. | 6.40% | 4/15/2033 | 7,869,000 | 8,176,216 | ||||||||
| Total | 20,947,837 | |||||||||||
| Media 1.77% | ||||||||||||
| Charter Communications Operating LLC/Charter Communications Operating Capital | 3.85% | 4/1/2061 | 6,721,000 | 3,762,253 | ||||||||
| Charter Communications Operating LLC/Charter Communications Operating Capital(e) | 3.90% | 6/1/2052 | 21,355,000 | 12,982,073 | ||||||||
| Charter Communications Operating LLC/Charter Communications Operating Capital | 3.95% | 6/30/2062 | 15,000,000 | 8,525,087 | ||||||||
| Cox Communications, Inc.† | 1.80% | 10/1/2030 | 17,823,000 | 15,241,349 | ||||||||
| Directv Financing LLC/Directv Financing Co-Obligor, Inc.† | 5.875% | 8/15/2027 | 1,459,000 | 1,455,817 | ||||||||
| Discovery Communications LLC | 3.95% | 3/20/2028 | 10,671,000 | 10,563,223 | ||||||||
| Space Exploration Technologies Corp.† | 5.35% | 7/15/2031 | 20,258,000 | 19,808,626 |
| 142 | See Notes to Schedule of Investments. |
Schedule of Investments (unaudited)(continued)
INCOME FUND August 31, 2026
| Investments | Interest Rate | Maturity Date | Principal Amount | Fair Value | ||||||||
| Media (continued) | ||||||||||||
| Space Exploration Technologies Corp.† | 5.65% | 7/15/2033 | $ | 11,334,000 | $ | 10,940,269 | ||||||
| Space Exploration Technologies Corp.† | 5.875% | 7/15/2036 | 13,000,000 | 12,257,919 | ||||||||
| Space Exploration Technologies Corp.† | 6.65% | 7/15/2056 | 10,000,000 | 8,906,600 | ||||||||
| Time Warner Cable LLC | 4.50% | 9/15/2042 | 12,000,000 | 8,868,833 | ||||||||
| Total | 113,312,049 | |||||||||||
| Mining 1.46% | ||||||||||||
| Alcoa Nederland Holding BV (Netherlands)†(c) | 7.125% | 3/15/2031 | 12,000,000 | 12,418,404 | ||||||||
| Alumina Pty. Ltd. (Australia)†(c) | 6.375% | 9/15/2032 | 10,000,000 | 10,144,490 | ||||||||
| First Quantum Minerals Ltd. (Canada)†(c) | 7.25% | 2/15/2034 | 13,000,000 | 13,349,999 | ||||||||
| Glencore Funding LLC† | 2.625% | 9/23/2031 | 10,000,000 | 8,834,346 | ||||||||
| Glencore Funding LLC† | 5.20% | 7/1/2033 | 20,000,000 | 19,683,861 | ||||||||
| Minera Mexico SA de CV (Mexico)†(c) | 5.625% | 2/12/2032 | 15,000,000 | 15,030,000 | ||||||||
| WE Soda Investments Holding PLC (United Kingdom)†(c) | 9.50% | 10/6/2028 | 5,000,000 | 5,058,392 | ||||||||
| WE Soda Investments Holding PLC (United Kingdom)(c) | 9.50% | 10/6/2028 | 9,000,000 | 9,105,105 | ||||||||
| Total | 93,624,597 | |||||||||||
| Oil & Gas 5.53% | ||||||||||||
| Aethon United BR LP/Aethon United Finance Corp.† | 7.50% | 10/1/2029 | 12,000,000 | 12,488,556 | ||||||||
| BKV Upstream Midstream LLC† | 7.50% | 10/15/2030 | 12,000,000 | 12,155,536 | ||||||||
| Chord Energy Corp.† | 6.00% | 10/1/2030 | 15,000,000 | 15,184,590 | ||||||||
| CITGO Petroleum Corp.† | 8.375% | 1/15/2029 | 20,000,000 | 20,556,460 | ||||||||
| Continental Resources, Inc. | 4.90% | 6/1/2044 | 17,000,000 | 13,712,703 | ||||||||
| Continental Resources, Inc.† | 5.75% | 1/15/2031 | 15,739,000 | 15,944,781 | ||||||||
| Crescent Energy Finance LLC† | 7.875% | 4/15/2032 | 11,000,000 | 11,370,436 | ||||||||
| Ecopetrol SA (Colombia)(c) | 8.875% | 1/13/2033 | 9,000,000 | 9,750,210 | ||||||||
| Global Marine, Inc. | 7.00% | 6/1/2028 | 3,000,000 | 3,068,799 | ||||||||
| Hilcorp Energy I LP/Hilcorp Finance Co.† | 8.375% | 11/1/2033 | 7,500,000 | 7,957,283 | ||||||||
| Kraken Oil & Gas Partners LLC† | 7.125% | 5/15/2031 | 6,000,000 | 6,028,289 | ||||||||
| Kraken Oil & Gas Partners LLC† | 7.625% | 8/15/2029 | 8,000,000 | 8,176,632 | ||||||||
| Magnolia Oil & Gas Operating LLC/Magnolia Oil & Gas Finance Corp.† | 6.875% | 12/1/2032 | 24,000,000 | 24,604,032 | ||||||||
| Matador Resources Co.† | 6.00% | 4/15/2034 | 7,000,000 | 6,859,165 | ||||||||
| Matador Resources Co.† | 6.50% | 4/15/2032 | 18,000,000 | 18,193,734 | ||||||||
| OGX Austria GmbH (Brazil)†(c)(g) | 8.50% | 6/1/2018 | 1,800,000 | 36 | ||||||||
| Ovintiv, Inc. | 7.375% | 11/1/2031 | 7,360,000 | 8,039,233 | ||||||||
| Permian Resources Operating LLC† | 6.25% | 2/1/2033 | 10,000,000 | 10,158,844 | ||||||||
| Permian Resources Operating LLC† | 7.00% | 1/15/2032 | 14,000,000 | 14,470,624 |
| See Notes to Schedule of Investments. | 143 |
Schedule of Investments (unaudited)(continued)
INCOME FUND August 31, 2026
| Investments | Interest Rate | Maturity Date | Principal Amount | Fair Value | ||||||||
| Oil & Gas (continued) | ||||||||||||
| PRIO Luxembourg Holding SARL (Luxembourg)(c) | 6.75% | 10/15/2030 | $ | 6,500,000 | $ | 6,451,575 | ||||||
| Seadrill Finance Ltd.† | 6.75% | 7/15/2034 | 8,000,000 | 7,846,078 | ||||||||
| SM Energy Co.† | 6.625% | 4/15/2034 | 8,333,000 | 8,390,531 | ||||||||
| SM Energy Co.† | 6.75% | 8/1/2029 | 6,180,000 | 6,323,358 | ||||||||
| SM Energy Co.†(e) | 7.00% | 8/1/2032 | 15,000,000 | 15,346,500 | ||||||||
| SM Energy Co.† | 8.75% | 7/1/2031 | 9,225,000 | 9,655,254 | ||||||||
| Tengizchevroil Finance Co. International Ltd.† | 3.25% | 8/15/2030 | 12,000,000 | 11,175,190 | ||||||||
| TGNR Intermediate Holdings LLC† | 5.50% | 10/15/2029 | 12,000,000 | 11,886,311 | ||||||||
| Transocean International Ltd. | 7.50% | 4/15/2031 | 10,000,000 | 10,288,600 | ||||||||
| Vermilion Energy, Inc. (Canada)†(c) | 6.875% | 5/1/2030 | 9,000,000 | 9,063,612 | ||||||||
| Vermilion Energy, Inc. (Canada)†(c)(e) | 7.25% | 2/15/2033 | 6,000,000 | 6,021,072 | ||||||||
| Viper Energy Partners LLC | 5.70% | 8/1/2035 | 24,056,000 | 23,985,438 | ||||||||
| Wildfire Intermediate Holdings LLC† | 7.50% | 10/15/2029 | 8,000,000 | 8,295,010 | ||||||||
| Total | 353,448,472 | |||||||||||
| Oil & Gas Services 0.15% | ||||||||||||
| SESI LLC† | 7.875% | 9/30/2030 | 6,500,000 | 6,669,569 | ||||||||
| Weatherford International Ltd.† | 8.625% | 4/30/2030 | 3,000,000 | 3,037,779 | ||||||||
| Total | 9,707,348 | |||||||||||
| Pharmaceuticals 0.61% | ||||||||||||
| Bayer U.S. Finance LLC† | 5.375% | 7/20/2033 | 5,333,000 | 5,269,964 | ||||||||
| Bayer U.S. Finance LLC† | 6.50% | 11/21/2033 | 17,172,000 | 18,035,609 | ||||||||
| CVS Pass-Through Trust | 6.943% | 1/10/2030 | 906,077 | 917,621 | ||||||||
| CVS Pass-Through Trust† | 7.507% | 1/10/2032 | 4,697,197 | 4,866,790 | ||||||||
| HLF Financing SARL LLC/Herbalife International, Inc.† | 7.75% | 5/1/2033 | 9,600,000 | 9,704,913 | ||||||||
| Total | 38,794,897 | |||||||||||
| Pipelines 3.15% | ||||||||||||
| Colonial Enterprises, Inc.† | 5.627% | 11/15/2035 | 10,000,000 | 9,800,724 | ||||||||
| Colonial Pipeline Co.† | 7.63% | 4/15/2032 | 10,553,000 | 11,433,183 | ||||||||
| Eastern Energy Gas Holdings LLC | 5.65% | 10/15/2054 | 13,000,000 | 11,872,718 | ||||||||
| Eastern Energy Gas Holdings LLC | 5.80% | 1/15/2035 | 10,000,000 | 10,156,775 | ||||||||
| Eastern Gas Transmission & Storage, Inc. | 4.60% | 12/15/2044 | 5,564,000 | 4,642,349 | ||||||||
| Enbridge, Inc. (Canada)(c) | 8.50% (5 yr. CMT + 4.43%) | # | 1/15/2084 | 22,191,000 | 25,041,878 | |||||||
| Energy Transfer LP(e) | 7.09% (3 mo. USD Term SOFR + 3.28%) | # | 11/1/2066 | 7,199,000 | 7,180,139 | |||||||
| Esentia Energy Development SAB de CV (Mexico)†(c) | 6.125% | 7/30/2033 | 8,544,000 | 8,440,618 |
| 144 | See Notes to Schedule of Investments. |
Schedule of Investments (unaudited)(continued)
INCOME FUND August 31, 2026
| Investments | Interest Rate | Maturity Date | Principal Amount | Fair Value | ||||||||
| Pipelines (continued) | ||||||||||||
| Florida Gas Transmission Co. LLC† | 5.75% | 7/15/2035 | $ | 15,147,000 | $ | 15,261,352 | ||||||
| Green Palm Bidco SARL (Luxembourg)†(c) | 6.462% | 6/30/2046 | 10,000,000 | 9,785,453 | ||||||||
| Gulfstream Natural Gas System LLC† | 5.60% | 7/23/2035 | 20,000,000 | 19,835,107 | ||||||||
| NGL Energy Operating LLC/NGL Energy Finance Corp.† | 8.125% | 2/15/2029 | 1,993,000 | 2,056,599 | ||||||||
| NGPL PipeCo LLC† | 7.768% | 12/15/2037 | 18,975,000 | 21,433,239 | ||||||||
| Plains All American Pipeline LP | 8.112% (3 mo. USD Term SOFR + 4.37%) | # | – | (d) | 25,000,000 | 25,065,950 | ||||||
| QazaqGaz NC JSC (Kazakhstan)†(c) | 5.625% | 5/8/2036 | 9,617,000 | 9,430,499 | ||||||||
| Transcanada Trust (Canada)(c) | 5.60% (5 yr. CMT + 3.99%) | # | 3/7/2082 | 10,293,000 | 10,076,649 | |||||||
| Total | 201,513,232 | |||||||||||
| REITS 1.40% | ||||||||||||
| Brixmor Operating Partnership LP | 5.20% | 4/1/2032 | 10,000,000 | 9,909,104 | ||||||||
| CFE Fibra E (Mexico)†(c) | 5.875% | 9/23/2040 | 24,286,200 | 23,479,898 | ||||||||
| GLP Capital LP/GLP Financing II, Inc. | 5.75% | 6/1/2028 | 9,065,000 | 9,155,569 | ||||||||
| Goodman U.S. Finance Eight LLC† | 5.875% | 4/28/2046 | 10,000,000 | 9,492,967 | ||||||||
| Ladder Capital Finance Holdings LLLP/Ladder Capital Finance Corp.† | 4.75% | 6/15/2029 | 6,000,000 | 5,848,473 | ||||||||
| Ladder Capital Finance Holdings LLLP/Ladder Capital Finance Corp.† | 7.00% | 7/15/2031 | 30,502,000 | 31,528,880 | ||||||||
| Total | 89,414,891 | |||||||||||
| Retail 0.31% | ||||||||||||
| Ferguson Enterprises, Inc. | 5.60% | 8/14/2036 | 20,000,000 | 19,949,186 | ||||||||
| Semiconductors 2.64% | ||||||||||||
| Broadcom, Inc. | 4.80% | 2/15/2036 | 25,000,000 | 22,953,825 | ||||||||
| Broadcom, Inc. | 5.20% | 7/15/2035 | 15,000,000 | 14,300,793 | ||||||||
| Entegris, Inc.† | 4.75% | 4/15/2029 | 12,000,000 | 11,827,473 | ||||||||
| Foundry JV Holdco LLC† | 5.50% | 1/25/2031 | 8,999,000 | 9,079,945 | ||||||||
| Foundry JV Holdco LLC† | 5.875% | 1/25/2034 | 3,423,000 | 3,396,894 | ||||||||
| Foundry JV Holdco LLC† | 5.90% | 1/25/2033 | 9,878,000 | 10,043,059 | ||||||||
| Intel Corp. | 5.00% | 8/15/2033 | 9,800,000 | 9,522,179 | ||||||||
| Intel Corp. | 5.30% | 5/15/2036 | 15,000,000 | 14,467,148 | ||||||||
| Intel Corp. | 5.625% | 2/10/2043 | 12,000,000 | 11,155,009 | ||||||||
| Kioxia Holdings Corp. (Japan)†(c) | 6.625% | 7/24/2033 | 15,000,000 | 15,503,202 | ||||||||
| Marvell Technology, Inc. | 5.30% | 4/15/2036 | 20,000,000 | 19,290,807 | ||||||||
| NVIDIA Corp.(e) | 3.50% | 4/1/2040 | 18,000,000 | 14,220,705 | ||||||||
| Skyworks Solutions, Inc. | 5.75% | 1/10/2032 | 13,000,000 | 12,909,980 | ||||||||
| Total | 168,671,019 |
| See Notes to Schedule of Investments. | 145 |
Schedule of Investments (unaudited)(continued)
INCOME FUND August 31, 2026
| Investments | Interest Rate | Maturity Date | Principal Amount | Fair Value | ||||||||
| Software 1.95% | ||||||||||||
| Oracle Corp. | 3.65% | 3/25/2041 | $ | 19,197,000 | $ | 12,974,943 | ||||||
| Oracle Corp. | 3.85% | 7/15/2036 | 19,393,000 | 15,408,556 | ||||||||
| Oracle Corp. | 3.85% | 4/1/2060 | 17,000,000 | 9,591,117 | ||||||||
| Oracle Corp. | 4.70% | 9/27/2034 | 35,000,000 | 30,891,986 | ||||||||
| Oracle Corp. | 5.35% | 5/4/2033 | 12,000,000 | 11,313,316 | ||||||||
| Oracle Corp. | 5.375% | 7/15/2040 | 15,535,000 | 12,937,522 | ||||||||
| Oracle Corp. | 5.875% | 9/26/2045 | 20,000,000 | 16,502,181 | ||||||||
| Oracle Corp. | 6.125% | 7/8/2039 | 6,618,000 | 6,062,198 | ||||||||
| ROBLOX Corp.† | 3.875% | 5/1/2030 | 9,467,000 | 8,918,029 | ||||||||
| Total | 124,599,848 | |||||||||||
| Telecommunications 2.65% | ||||||||||||
| AT&T, Inc. | 3.50% | 9/15/2053 | 15,000,000 | 9,163,356 | ||||||||
| Big Sky Funding LLC† | 5.75% | 10/20/2035 | 3,352,000 | 3,298,787 | ||||||||
| Cipher Compute LLC† | 7.125% | 11/15/2030 | 9,000,000 | 9,122,791 | ||||||||
| Core Scientific Finance I LLC† | 7.75% | 5/15/2031 | 6,500,000 | 6,310,997 | ||||||||
| ELK Grove Village Property LLC† | 7.50% | 6/15/2031 | 6,500,000 | 6,263,619 | ||||||||
| Fibercop SpA (Italy)†(c) | 7.721% | 6/4/2038 | 12,500,000 | 13,020,163 | ||||||||
| Flash Compute LLC† | 7.25% | 12/31/2030 | 10,000,000 | 10,064,360 | ||||||||
| HUT 8 DC LLC† | 6.192% | 11/15/2042 | 20,000,000 | 19,433,076 | ||||||||
| QTS Fayetteville I Dc1-2 LLC/QTS TRS Fayetteville I DC1-2 LLC† | 5.70% | 4/15/2036 | 28,000,000 | 25,351,816 | ||||||||
| Sopaipilla Investor LLC† | 7.534% | 11/30/2048 | 25,000,000 | 25,621,653 | ||||||||
| Stingray Compute LLC†(e) | 6.00% | 6/15/2031 | 5,000,000 | 4,874,849 | ||||||||
| SV RNO Property Owner 1 LLC† | 5.875% | 3/1/2031 | 16,000,000 | 14,697,500 | ||||||||
| WULF Compute LLC† | 7.75% | 10/15/2030 | 12,000,000 | 12,475,152 | ||||||||
| Zenith Arc LLC† | 8.875% | 8/31/2031 | 10,000,000 | 9,657,106 | ||||||||
| Total | 169,355,225 | |||||||||||
| Toys/Games/Hobbies 0.40% | ||||||||||||
| Mattel, Inc.† | 3.75% | 4/1/2029 | 8,000,000 | 7,704,326 | ||||||||
| Mattel, Inc.(e) | 5.00% | 11/17/2030 | 18,202,000 | 17,997,312 | ||||||||
| Total | 25,701,638 | |||||||||||
| Transportation 0.65% | ||||||||||||
| GXO Logistics, Inc. | 6.50% | 5/6/2034 | 17,862,000 | 18,458,248 | ||||||||
| Kazakhstan Temir Zholy National Co. JSC (Kazakhstan)†(c) | 4.875% | 4/29/2031 | 8,167,000 | 7,973,235 | ||||||||
| Pacific National Finance Pty. Ltd. (Australia)(c) | 4.75% | 3/22/2028 | 15,000,000 | 14,824,612 | ||||||||
| Total | 41,256,095 |
| 146 | See Notes to Schedule of Investments. |
Schedule of Investments (unaudited)(continued)
INCOME FUND August 31, 2026
| Investments | Interest Rate | Maturity Date | Principal Amount | Fair Value | ||||||||
| Trucking & Leasing 0.19% | ||||||||||||
| FTAI Aviation Investors LLC† | 7.00% | 5/1/2031 | $ | 12,000,000 | $ | 12,364,716 | ||||||
| Water 0.44% | ||||||||||||
| Aegea Finance SARL (Luxembourg)(c)(e) | 9.00% | 1/20/2031 | 12,000,000 | 11,250,001 | ||||||||
| Nova Securitisation SARL (Luxembourg)†(c) | 5.75% | 2/3/2031 | 17,384,000 | 16,697,940 | ||||||||
| Total | 27,947,941 | |||||||||||
| Total Corporate Bonds (cost $4,298,682,789) | 4,233,287,421 | |||||||||||
| FLOATING RATE LOANS(h) 15.18% | ||||||||||||
| Advertising 0.22% | ||||||||||||
| Clear Channel Outdoor Holdings, Inc. 2024 Term Loan | 7.801% (1 mo. USD Term SOFR + 4.00%) | 8/23/2028 | 14,131,666 | 14,188,192 | ||||||||
| Aerospace & Defense 0.49% | ||||||||||||
| TransDigm, Inc. 2025 Term Loan M | 6.186% (1 mo. USD Term SOFR + 2.50%) | 8/19/2032 | 27,217,163 | 27,336,238 | ||||||||
| TransDigm, Inc. 2026 Term Loan N | 6.186% (1 mo. USD Term SOFR + 2.50%) | 2/13/2033 | 4,244,363 | 4,261,595 | ||||||||
| Total | 31,597,833 | |||||||||||
| Aerospace/Defense 0.16% | ||||||||||||
| TransDigm, Inc. 2024 Term Loan L | 6.186% (1 mo. USD Term SOFR + 2.50%) | 1/19/2032 | 9,949,367 | 9,990,856 | ||||||||
| Beverages 0.33% | ||||||||||||
| Celsius Holdings, Inc. 2026 Term Loan B | 5.753% (3 mo. USD Term SOFR + 2.00%) | 4/1/2032 | 7,376,018 | 7,381,956 | ||||||||
| Pegasus BidCo BV 2026 USD Term Loan B (Netherlands)(c) | 6.241% (3 mo. USD Term SOFR + 2.50%) | 7/12/2032 | 13,572,000 | 13,622,895 | ||||||||
| Total | 21,004,851 | |||||||||||
| Biotechnology 0.46% | ||||||||||||
| Grifols Worldwide Operations USA, Inc. 2026 USD Term Loan B | 6.187% (6 mo. USD Term SOFR + 2.50%) | 4/14/2033 | 19,743,434 | 19,827,442 | ||||||||
| RPI Intermediate Finance Partnership LP 2025 Term Loan | 5.161% (1 mo. USD Term SOFR + 1.38%) | 2/4/2030 | 9,508,754 | 9,473,096 | ||||||||
| Total | 29,300,538 | |||||||||||
| Commercial Services 0.65% | ||||||||||||
| Carrix, Inc. 2026 Delayed Draw Term Loan(i) | – | (j) | 7/27/2033 | 1,600,000 | 1,601,008 |
| See Notes to Schedule of Investments. | 147 |
Schedule of Investments (unaudited)(continued)
INCOME FUND August 31, 2026
| Investments | Interest Rate | Maturity Date | Principal Amount | Fair Value | ||||||||
| Commercial Services (continued) | ||||||||||||
| Carrix, Inc. 2026 Term Loan B | 5.81% (3 mo. USD Term SOFR + 2.00%) | 7/27/2033 | $ | 8,000,000 | $ | 8,005,040 | ||||||
| Garda World Security Corp. 2026 Term Loan B (Canada)(c) | 6.513% (3 mo. USD Term SOFR + 2.75%) | 2/1/2029 | 17,854,425 | 17,880,492 | ||||||||
| Mavis Tire Express Services Corp. 2025 Repriced Term Loan | 6.669% (6 mo. USD Term SOFR + 3.00%) | 5/4/2028 | 14,053,349 | 14,062,695 | ||||||||
| Total | 41,549,235 | |||||||||||
| Cosmetics/Personal Care 0.23% | ||||||||||||
| Prestige Brands, Inc. 2026 Term Loan B | 5.686% (1 mo. USD Term SOFR + 2.00%) | 6/13/2033 | 14,736,842 | 14,828,947 | ||||||||
| Distribution/Wholesale 0.23% | ||||||||||||
| Resideo Funding, Inc. 2025 Incremental Term Loan | 5.671% (3 mo. USD Term SOFR + 2.00%) | 8/13/2032 | 14,887,500 | 14,965,064 | ||||||||
| Diversified Financial Services 1.52% | ||||||||||||
| Avolon TLB Borrower 1 U.S. LLC 2023 Term Loan B6 | 5.403% (1 mo. USD Term SOFR + 1.75%) | 6/24/2030 | 28,686,155 | 28,791,003 | ||||||||
| Citadel Securities LP 2026 Term Loan B | 5.661% (3 mo. USD Term SOFR + 2.00%) | 6/10/2033 | 20,194,712 | 20,255,195 | ||||||||
| Corpay Technologies Operating Co. LLC 2025 Term Loan B | 5.435% (1 mo. USD Term SOFR + 1.75%) | 11/5/2032 | 16,583,738 | 16,599,907 | ||||||||
| Hudson River Trading LLC 2026 Repriced Term Loan B | 6.159% (1 mo. USD Term SOFR + 2.50%) | 3/18/2030 | 24,476,630 | 24,468,430 | ||||||||
| Osaic Holdings, Inc. 2026 Term Loan B | 6.232% (3 mo. USD Term SOFR + 2.50%) | 7/30/2032 | 4,080,772 | 4,081,405 | ||||||||
| Setanta Aircraft Leasing DAC 2024 Term Loan B (Ireland)(c) | 5.482% (3 mo. USD Term SOFR + 1.75%) | 11/5/2028 | 2,695,700 | 2,710,108 | ||||||||
| Total | 96,906,048 | |||||||||||
| Electric 1.44% | ||||||||||||
| Cogentrix Finance Holdco I LLC Repriced Term Loan B | 5.936% (1 mo. USD Term SOFR + 2.25%) | 2/26/2032 | 5,742,732 | 5,757,606 | ||||||||
| CPV Three Rivers LLC Term Loan B | 6.482% (3 mo. USD Term SOFR + 2.75%) | 4/15/2033 | 4,953,934 | 4,970,430 |
| 148 | See Notes to Schedule of Investments. |
Schedule of Investments (unaudited)(continued)
INCOME FUND August 31, 2026
| Investments | Interest Rate | Maturity Date | Principal Amount | Fair Value | ||||||||
| Electric (continued) | ||||||||||||
| NRG Energy, Inc. 2024 Term Loan | 5.436% (1 mo. USD Term SOFR + 1.75%) | 4/16/2031 | $ | 59,979,289 | $ | 60,050,664 | ||||||
| Pathfinder Power LLC Term Loan B | – | (j) | 6/22/2033 | 14,783,000 | 14,801,553 | |||||||
| Solebury Borrower I LLC Term Loan B | 6.128% (3 mo. USD Term SOFR + 2.25%) | 8/4/2033 | 6,667,000 | 6,667,000 | ||||||||
| Total | 92,247,253 | |||||||||||
| Electrical Components & Equipment 0.14% | ||||||||||||
| Belden, Inc. Term Loan | 5.936% (1 mo. USD Term SOFR + 2.25%) | 7/1/2033 | 9,130,000 | 9,179,439 | ||||||||
| Energy: Alternate Sources 0.09% | ||||||||||||
| Jackson Generation LLC Term Loan B | 6.253% (3 mo. USD Term SOFR + 2.50%) | 7/8/2033 | 5,866,667 | 5,870,333 | ||||||||
| Entertainment 1.25% | ||||||||||||
| DK Crown Holdings, Inc. 2026 Term Loan B | 5.667% (3 mo. USD Term SOFR + 2.00%) | 8/25/2033 | 15,059,000 | 15,049,588 | ||||||||
| Flutter Financing BV 2024 Term Loan B (Netherlands)(c) | 5.482% (3 mo. USD Term SOFR + 1.75%) | 11/30/2030 | 45,637,902 | 44,848,823 | ||||||||
| Live Nation Entertainment, Inc. 2025 Term Loan B | 5.652% (1 mo. USD Term SOFR + 2.00%) | 10/21/2032 | 9,950,000 | 9,979,551 | ||||||||
| SeaWorld Parks & Entertainment, Inc. 2024 Term Loan B3 | 5.686% (1 mo. USD Term SOFR + 2.00%) | 12/4/2031 | 9,923,695 | 9,882,314 | ||||||||
| Total | 79,760,276 | |||||||||||
| Gaming/Leisure 0.08% | ||||||||||||
| Fertitta Entertainment LLC 2022 Term Loan B | 6.936% (1 mo. USD Term SOFR + 3.25%) | 1/27/2029 | 4,950,478 | 4,967,508 | ||||||||
| Health Care Products 0.27% | ||||||||||||
| Mckesson Medical-Surgical Top Holdings, Inc. Term Loan B | 5.982% (3 mo. USD Term SOFR + 2.25%) | 6/9/2032 | 5,625,000 | 5,653,153 | ||||||||
| Medline Borrower LP 2026 Term Loan B | 5.186% (1 mo. USD Term SOFR + 1.50%) | 5/30/2033 | 9,962,469 | 9,945,682 | ||||||||
| Solventum Corp. Term Loan | 4.989% (1 mo. USD Term SOFR + 1.25%) | 3/8/2027 | 1,795,918 | 1,799,286 | ||||||||
| Total | 17,398,121 | |||||||||||
| Home Furnishings 0.13% | ||||||||||||
| Somnigroup International, Inc. Term Loan B | 5.65% (1 mo. USD Term SOFR + 2.00%) | 10/24/2031 | 8,239,062 | 8,307,035 |
| See Notes to Schedule of Investments. | 149 |
Schedule of Investments (unaudited)(continued)
INCOME FUND August 31, 2026
| Investments | Interest Rate | Maturity Date | Principal Amount | Fair Value | ||||||||
| Internet 0.10% | ||||||||||||
| Delivery Hero SE 2024 USD Term Loan B (Germany)(c) | – | (j) | 12/12/2029 | $ | 6,500,000 | $ | 6,585,313 | |||||
| Leisure Time 0.20% | ||||||||||||
| Peloton Interactive, Inc. 2024 Term Loan B | 9.186% (1 mo. USD Term SOFR + 5.50%) | 5/30/2029 | 12,875,920 | 12,946,738 | ||||||||
| Lodging 0.24% | ||||||||||||
| Four Seasons Hotels Ltd. 2026 Term Loan B (Canada)(c) | 5.186% (1 mo. USD Term SOFR + 1.50%) | 9/22/2032 | 15,000,000 | 15,044,250 | ||||||||
| Machinery: Diversified 0.24% | ||||||||||||
| TK Elevator Midco GmbH 2026 USD Term Loan B (Germany)(c) | 6.704% (6 mo. USD Term SOFR + 2.75%) | 4/30/2030 | 15,461,250 | 15,559,120 | ||||||||
| Media 2.17% | ||||||||||||
| Charter Communications Operating LLC 2023 Term Loan B4 | 5.725% (3 mo. USD Term SOFR + 2.00%) | 12/7/2030 | 27,784,980 | 27,534,637 | ||||||||
| Charter Communications Operating LLC 2024 Term Loan B5 | 5.975% (3 mo. USD Term SOFR + 2.25%) | 12/15/2031 | 62,900,719 | 61,971,361 | ||||||||
| Discovery Global Holdings, Inc. 2026 USD Term Loan B | 6.186% (1 mo. USD Term SOFR + 2.50%) | 6/3/2033 | 49,038,462 | 49,199,308 | ||||||||
| Total | 138,705,306 | |||||||||||
| Oil & Gas 0.41% | ||||||||||||
| Antero Resources Corp. Term Loan | 5.286% (1 mo. USD Term SOFR + 1.50%) | 2/3/2029 | 13,053,798 | 13,110,908 | ||||||||
| Hilcorp Energy I LP Term Loan B | 5.409% (1 mo. USD Term SOFR + 1.75%) | 2/11/2030 | 13,307,474 | 13,324,108 | ||||||||
| Total | 26,435,016 | |||||||||||
| Pharmaceuticals 0.77% | ||||||||||||
| Elanco Animal Health, Inc. 2025 Term Loan B | 5.456% (1 mo. USD Term SOFR + 1.75%) | 10/31/2032 | 17,910,000 | 17,934,626 | ||||||||
| Organon & Co. 2024 USD Term Loan | 5.936% (1 mo. USD Term SOFR + 2.25%) | 5/19/2031 | 31,114,551 | 31,143,643 | ||||||||
| Total | 49,078,269 |
| 150 | See Notes to Schedule of Investments. |
Schedule of Investments (unaudited)(continued)
INCOME FUND August 31, 2026
| Investments | Interest Rate | Maturity Date | Principal Amount | Fair Value | ||||||||
| Pipelines 0.93% | ||||||||||||
| Buckeye Partners LP 2025 Term Loan B7 | 5.436% (1 mo. USD Term SOFR + 1.75%) | 11/22/2032 | $ | 14,862,550 | $ | 14,922,372 | ||||||
| Colossus Acquireco LLC 2026 Term Loan B | 5.37% (3 mo. USD Term SOFR + 1.75%) | 1/31/2033 | 24,875,000 | 24,825,375 | ||||||||
| Venture Global Plaquemines LNG LLC 2024 Contingency Reserve Delayed Draw Term Loan | 5.911% (1 mo. USD Term SOFR + 2.23%) | 5/25/2029 | 1,437,559 | 1,438,910 | ||||||||
| Venture Global Plaquemines LNG LLC Base Term Loan | 5.911% (1 mo. USD Term SOFR + 2.23%) | 5/25/2029 | 18,191,585 | 18,211,504 | ||||||||
| Total | 59,398,161 | |||||||||||
| Real Estate Investment Trusts 0.35% | ||||||||||||
| Iron Mountain, Inc. 2023 Term Loan B | 5.686% (1 mo. USD Term SOFR + 2.00%) | 1/31/2031 | 12,386,959 | 12,391,666 | ||||||||
| Starwood Property Trust, Inc. 2026 Term Loan B | 5.686% (1 mo. USD Term SOFR + 2.00%) | 9/24/2032 | 9,925,125 | 9,930,087 | ||||||||
| Total | 22,321,753 | |||||||||||
| Regional 0.16% | ||||||||||||
| Seminole Tribe of Florida 2026 Term Loan A | 4.936% (1 mo. USD Term SOFR + 1.25%) | 5/8/2031 | 10,000,000 | 10,000,000 | ||||||||
| Retail 0.92% | ||||||||||||
| 7-Eleven, Inc. Term Loan (2028) | 4.957% (3 mo. USD Term SOFR + 1.20%) | 12/11/2028 | 19,000,000 | 18,988,125 | ||||||||
| Lowes Cos., Inc. Delayed Draw Term Loan | 4.761% (3 mo. USD Term SOFR + 1.00%) | 9/15/2028 | 20,000,000 | 19,888,000 | ||||||||
| Raising Cane’s Restaurants LLC 2025 Term Loan B | 5.686% (1 mo. USD Term SOFR + 2.00%) | 11/3/2032 | 13,964,163 | 13,874,723 | ||||||||
| Raising Cane’s Restaurants LLC 2026 Term Loan B | 5.651% (1 mo. USD Term SOFR + 2.00%) | 6/6/2033 | 5,833,000 | 5,803,835 | ||||||||
| Total | 58,554,683 | |||||||||||
| Software 0.03% | ||||||||||||
| RealPage, Inc. 1st Lien Term Loan | 6.994% (3 mo. USD Term SOFR + 3.00%) | 4/24/2028 | 546,510 | 539,280 | ||||||||
| VCI Asset Holdings 3 LLC Fixed Term Loan | 6.875% | 4/24/2031 | 1,361,350 | 1,344,333 | (k) | |||||||
| Total | 1,883,613 | |||||||||||
| See Notes to Schedule of Investments. | 151 |
Schedule of Investments (unaudited)(continued)
INCOME FUND August 31, 2026
| Investments | Interest Rate | Maturity Date | Principal Amount | Fair Value | ||||||||
| Telecommunications 0.13% | ||||||||||||
| Iridium Satellite LLC 2024 Term Loan B | 5.936% (1 mo. USD Term SOFR + 2.25%) | 9/20/2030 | $ | 8,000,000 | $ | 8,014,000 | ||||||
| Transportation 0.32% | ||||||||||||
| Genesee & Wyoming, Inc. 2024 Term Loan | 5.482% (3 mo. USD Term SOFR + 1.75%) | 4/10/2031 | 20,203,433 | 20,203,838 | ||||||||
| Utilities 0.52% | ||||||||||||
| Long Ridge Energy LLC Term Loan B | 8.232% (3 mo. USD Term SOFR + 4.50%) | 2/19/2032 | 9,974,747 | 9,997,240 | ||||||||
| Potomac Energy Center LLC 2026 Term Loan B | 6.573% (3 mo. USD Term SOFR + 2.75%) | 8/5/2032 | 8,216,320 | 8,277,943 | ||||||||
| Talen Energy Supply LLC 2023 Term Loan B | 5.479% (3 mo. USD Term SOFR + 1.75%) | 11/25/2032 | 14,961,440 | 14,936,454 | ||||||||
| Total | 33,211,637 | |||||||||||
| Total Floating Rate Loans (cost $970,517,492) | 970,003,226 | |||||||||||
| FOREIGN GOVERNMENT OBLIGATIONS(c) 1.84% | ||||||||||||
| Bermuda 0.09% | ||||||||||||
| Bermuda Government International Bonds | 2.375% | 8/20/2030 | 6,347,000 | 5,736,736 | ||||||||
| Dominican Republic 0.10% | ||||||||||||
| Dominican Republic International Bonds | 8.625% | 4/20/2027 | 6,183,334 | 6,326,323 | ||||||||
| Italy 0.22% | ||||||||||||
| Republic of Italy Government International Bonds† | 6.00% | 7/14/2056 | 14,345,000 | 13,760,440 | ||||||||
| Mexico 0.62% | ||||||||||||
| Eagle Funding Luxco SARL† | 5.50% | 8/17/2030 | 30,000,000 | 29,992,500 | ||||||||
| Mexico Government International Bonds | 5.625% | 2/9/2034 | 10,000,000 | 9,713,000 | ||||||||
| Total | 39,705,500 | |||||||||||
| Romania 0.39% | ||||||||||||
| Romania Government International Bonds† | 5.75% | 9/16/2030 | 25,000,000 | 24,984,756 | ||||||||
| Trinidad And Tobago 0.19% | ||||||||||||
| Trinidad & Tobago Government International Bonds† | 6.20% | 7/16/2038 | 12,512,000 | 12,374,368 | ||||||||
| Turkey 0.23% | ||||||||||||
| Turkiye Ihracat Kredi Bankasi AS† | 6.125% | 5/2/2029 | 15,000,000 | 14,831,050 | ||||||||
| Total Foreign Government Obligations (cost $118,682,503) | 117,719,173 | |||||||||||
| 152 | See Notes to Schedule of Investments. |
Schedule of Investments (unaudited)(continued)
INCOME FUND August 31, 2026
| Investments | Interest Rate | Maturity Date | Principal Amount | Fair Value | ||||||||
| GOVERNMENT SPONSORED ENTERPRISES COLLATERALIZED MORTGAGE OBLIGATIONS 0.00% | ||||||||||||
| Government National Mortgage Association Series 2013-48 Class IO(l) (Cost $59,390) | 0.378% | #(m) | 7/16/2054 | $ | 3,644,015 | $ | 40,034 | |||||
| GOVERNMENT SPONSORED ENTERPRISES PASS-THROUGHS 6.14% | ||||||||||||
| Federal National Mortgage Association | 4.862% (30 day USD SOFR Average + 2.34%) | # | 7/1/2053 | 10,007,152 | 10,009,550 | |||||||
| Federal National Mortgage Association | 5.74% (30 day USD SOFR Average + 2.34%) | # | 7/1/2054 | 6,111,209 | 6,199,554 | |||||||
| Government National Mortgage Association | 7.00% | 1/20/2055 | 11,007,429 | 11,378,701 | ||||||||
| Uniform Mortgage-Backed Security(n) | 5.00% | TBA | 94,911,000 | 94,367,586 | ||||||||
| Uniform Mortgage-Backed Security(n) | 5.50% | TBA | 191,490,000 | 189,284,209 | ||||||||
| Uniform Mortgage-Backed Security(n) | 6.00% | TBA | 79,804,000 | 80,764,972 | ||||||||
| Total Government Sponsored Enterprises Pass-Throughs (cost $393,219,760) | 392,004,572 | |||||||||||
| NON-AGENCY COMMERCIAL MORTGAGE-BACKED SECURITIES 1.41% | ||||||||||||
| BMO Mortgage Trust Series 2023-C5 Class A4 | 5.494% | 6/15/2056 | 9,570,000 | 9,627,014 | ||||||||
| BX Trust Series 2025-VOLT Class B† | 5.739% (1 mo. USD Term SOFR + 2.10%) | # | 12/15/2044 | 10,000,000 | 9,989,045 | |||||||
| GS Mortgage Securities Trust Series 2015-GS1 Class XB(l) | 0.25% | #(m) | 11/10/2048 | 26,600,388 | 1,870 | |||||||
| Hudsons Bay Simon JV Trust Series 2015-HB10 Class XB10†(l) | 0.723% | #(m) | 8/5/2034 | 16,028,000 | 1,755 | |||||||
| JP Morgan Mortgage Trust Series 2021-6 Class A3† | 2.50% | #(m) | 10/25/2051 | 13,527,077 | 10,983,614 | |||||||
| Morgan Stanley Residential Mortgage Loan Trust Series 2021-3 Class A4† | 2.50% | #(m) | 6/25/2051 | 8,649,390 | 7,686,291 | |||||||
| NYC Commercial Mortgage Trust Series 2026-1PARK Class A† | 4.889% (1 mo. USD Term SOFR + 1.25%) | # | 2/15/2043 | 14,120,000 | 14,120,686 | |||||||
| PSA Trust Series 2026-STOR Class B† | 5.856% | #(m) | 8/15/2031 | 5,150,000 | 5,159,913 | |||||||
| PSMC Trust Series 2021-2 Class A3† | 2.50% | #(m) | 5/25/2051 | 27,557,573 | 24,549,688 | |||||||
| RCKT Mortgage Trust Series 2022-1 Class A5† | 2.50% | #(m) | 1/25/2052 | 9,312,891 | 8,168,342 | |||||||
| Total Non-Agency Commercial Mortgage-Backed Securities (cost $92,140,356) | 90,288,218 | |||||||||||
| U.S. TREASURY OBLIGATIONS 1.75% | ||||||||||||
| U.S. Treasury Bonds (cost $112,270,255) | 5.00% | 5/15/2046 | 115,160,000 | 111,786,171 | ||||||||
| Total Long-Term Investments (cost $6,721,315,641) | 6,650,791,294 | |||||||||||
| See Notes to Schedule of Investments. | 153 |
Schedule of Investments (unaudited)(continued)
INCOME FUND August 31, 2026
| Investments | Principal Amount | Fair Value | ||||||
| SHORT-TERM INVESTMENTS 1.33% | ||||||||
| REPURCHASE AGREEMENTS 0.88% | ||||||||
| Repurchase Agreement dated 8/31/2026, 3.580% due 9/1/2026 with Barclays Capital, Inc. collateralized by $38,622,200 of U.S. Treasury Bond at 3.875% due 5/15/2043; value: $33,351,020; proceeds: $32,687,250 (cost $32,684,000) | $ | 32,684,000 | $ | 32,684,000 | ||||
| Repurchase Agreement dated 8/31/2026, 3.250% due 9/1/2026 with Fixed Income Clearing Corp. collateralized by $24,305,500 of U.S. Treasury Bill at 0.000% due 2/25/2027; value: $23,842,470; proceeds: $23,376,915 (cost $23,374,804) | 23,374,804 | 23,374,804 | ||||||
| Total Repurchase Agreements (cost $56,058,804) | 56,058,804 | |||||||
| TIME DEPOSITS 0.04% | ||||||||
| CitiBank N.A.(o) (cost $2,903,624) | 2,903,624 | 2,903,624 | ||||||
| Shares | ||||||||
| MONEY MARKET FUNDS 0.41% | ||||||||
| Fidelity Government Portfolio(o) (cost $26,132,613) | 26,132,613 | 26,132,613 | ||||||
| Total Short-Term Investments (cost $85,095,041) | 85,095,041 | |||||||
| Total Investments in Securities 105.44% (cost $6,806,410,682) | 6,735,886,335 | |||||||
| Less Unfunded Loan Commitments (0.03%) (cost $1,600,000) | (1,601,008 | ) | ||||||
| Net Investments in Securities 105.41% (cost $6,804,810,682) | 6,734,285,327 | |||||||
| Other Assets and Liabilities – Net (5.41)% | (345,771,327 | ) | ||||||
| Net Assets 100.00% | $ | 6,388,514,000 | ||||||
| CMT | Constant Maturity Rate. | |
| ICE | Intercontinental Exchange. | |
| IO | Interest Only. | |
| REITS | Real Estate Investment Trusts. | |
| SOFR | Secured Overnight Financing Rate. | |
| † | Security was purchased pursuant to Rule 144A under the Securities Act of 1933 and, unless registered under such Act or exempted from registration, may only be resold to qualified institutional buyers. At August 31, 2026, the total value of Rule 144A securities was $3,073,184,794, which represents 48.10% of net assets. | |
| # | Variable rate security. The interest rate represents the rate in effect at August 31, 2026. | |
| (a) | Level 3 Investment as described in Note 2(a) in the Notes to Schedule of Investments. Security fair valued by the Pricing Committee. | |
| (b) | Securities purchased on a when-issued basis. | |
| (c) | Foreign security traded in U.S. dollars. | |
| (d) | Security is perpetual in nature and has no stated maturity. | |
| (e) | All or a portion of this security is temporarily on loan to unaffiliated broker/dealers. | |
| (f) | Variable Rate is Fixed to Float: Rate remains fixed or at Zero Coupon until designated future date. | |
| (g) | Defaulted. |
| 154 | See Notes to Schedule of Investments. |
Schedule of Investments (unaudited)(continued)
INCOME FUND August 31, 2026
| (h) | Floating Rate Loans in which the Fund invests generally pay interest at rates which are periodically re-determined at a margin above the SOFR or the prime rate offered by major U.S. banks. The rate(s) shown is the rate(s) in effect at August 31, 2026. | |
| (i) | Security partially/fully unfunded. | |
| (j) | Interest rate to be determined. | |
| (k) | Level 3 Investment as described in Note 2(a) in the Notes to Schedule of Investments. Floating Rate Loans categorized as Level 3 are valued based on a single quotation obtained from a dealer. Generally accepted accounting principles in the United States of America do not require the Fund to create quantitative unobservable inputs that were not developed by the Fund. Therefore, the Fund does not have access to unobservable inputs and cannot disclose such inputs in the valuation. | |
| (l) | Interest-only security. The principal amount shown is a notional amount representing the outstanding principal of the underlying debt obligation(s). Holders of interest-only securities do not receive principal payments on the underlying debt obligation(s). | |
| (m) | Interest rate is based on the weighted average interest rates of the underlying mortgages within the mortgage pool. | |
| (n) | To-be-announced (“TBA”). Security purchased on a forward commitment basis with an approximate principal and maturity date. Actual principal and maturity will be determined upon settlement when the specific mortgage pools are assigned. | |
| (o) | Security was purchased with the cash collateral from loaned securities. |
Centrally Cleared Credit Default Swap Contracts on Indexes/Issuers - Sell Protection at August 31, 2026(1):
| Referenced Indexes/Issuers | Fund Receives (Quarterly) | Termination Date | Notional Amount | Upfront Payments Paid/ (Received) Net of Amortization | Unrealized Appreciation/ (Depreciation)(2) | Value | |||||||||||||||
| CDX.NA.HY.S41 | 5.00% | 12/20/2028 | $ | 76,630,000 | $ | 4,250,078 | $ | 466,177 | $ | 4,716,255 | |||||||||||
| CDX.NA.HY.S42 | 5.00% | 6/20/2029 | 58,800,000 | 3,253,098 | 835,998 | 4,089,096 | |||||||||||||||
| CDX.NA.HY.S43 | 5.00% | 12/20/2029 | 130,950,000 | 8,007,097 | 1,954,463 | 9,961,560 | |||||||||||||||
| CDX.NA.IG.S44 | 1.00% | 6/20/2030 | 100,000,000 | 1,723,710 | 299,988 | 2,023,698 | |||||||||||||||
| CDX.NA.IG.S45 | 1.00% | 12/20/2030 | 120,000,000 | 2,169,528 | 372,568 | 2,542,096 | |||||||||||||||
| Oracle Corp. | 1.00% | 12/20/2027 | 10,000,000 | 41,450 | (23,499 | ) | 17,951 | ||||||||||||||
| Total | $ | 19,444,961 | $ | 3,905,695 | $ | 23,350,656 | |||||||||||||||
| Referenced Indexes/Issuers(1) | Fund Receives (Quarterly) | Termination Date | Notional Amount | Upfront Payments Paid/ (Received) Net of Amortization | Unrealized Appreciation/ (Depreciation)(2) | Value | |||||||||||||||
| Oracle Corp. | 1.00% | 12/20/2030 | $ | 3,099,000 | $(46,035 | ) | $(53,707 | ) | $ | (99,742 | ) | ||||||||||
| (1) | If the Fund is a seller of protection and a credit event occurs, as defined under the terms of that particular swap contracts agreement, the Fund will either (i) pay to the buyer of protection an amount equal to the notional amount of the swap contracts and take delivery of the referenced obligation or underlying securities comprising the referenced index or (ii) pay a net settlement amount in the form of cash or securities equal to the notional amount of the swap contracts less the recovery value of the referenced obligation or underlying securities. | |
| (2) | Total unrealized appreciation on Centrally Cleared Credit Default Swap Contracts on Indexes/Issuers amounted to $3,929,194. Total unrealized depreciation on Centrally Cleared Credit Default Swap Contracts on Indexes/Issuers amounted to $77,206. |
| See Notes to Schedule of Investments. | 155 |
Schedule of Investments (unaudited)(continued)
INCOME FUND August 31, 2026
Total Return Swap Contracts at August 31, 2026:
| Swap Counterparty | Referenced Index* | Referenced Spread | Units | Position | Termination Date | Notional Amount | Upfront Payments Paid/ (Received) Net of Amortization | Unrealized Appreciation | Value | |||||||||||||||||||
| Citibank | IBOXX | 12-Month USD SOFR Index | 175,442 | Long | 11/20/2026 | $ | 100,000,000 | $ | – | $ | 612,289 | $ | 612,289 | |||||||||||||||
| Swap Counterparty | Referenced Index* | Referenced Spread | Units | Position | Termination Date | Notional Amount | Upfront Payment Paid/ (Received) Net of Amortization | Unrealized Depreciation | Value | |||||||||||||||||||
| Citibank | IBOXX | 12-Month USD SOFR Index | 172,715 | Long | 1/27/2027 | $ | 100,000,000 | $ | – | $ | (951,660 | ) | $ | (951,660 | ) | |||||||||||||
| Morgan Stanley | IBOXX | 12-Month USD SOFR Index | 164,539 | Long | 9/10/2026 | 100,000,000 | – | (5,640,386 | ) | (5,640,386 | ) | |||||||||||||||||
| Total | $ | 200,000,000 | $ | – | $ | (6,592,046 | ) | $ | (6,592,046 | ) | ||||||||||||||||||
| SOFR | Secured Overnight Financing Rate. | |
| * | iBoxx Leveraged Loan Index. |
Futures Contracts at August 31, 2026:
| Type | Expiration | Contracts | Position | Notional Amount | Notional Value | Unrealized Depreciation | ||||||||||||||
| U.S. 10-Year Ultra Treasury Note | December 2026 | 682 | Long | $ | 75,177,473 | $ | 74,625,719 | $ | (551,754 | ) | ||||||||||
| U.S. 2-Year Treasury Note | December 2026 | 3,457 | Long | 711,284,889 | 709,495,238 | (1,789,651 | ) | |||||||||||||
| U.S. 5-Year Treasury Note | December 2026 | 3,476 | Long | 369,081,017 | 367,424,063 | (1,656,954 | ) | |||||||||||||
| U.S. Ultra Treasury Bond | December 2026 | 3,498 | Long | 387,999,108 | 384,889,313 | (3,109,795 | ) | |||||||||||||
| Total Unrealized Depreciation on Futures Contracts | $ | (7,108,154 | ) | |||||||||||||||||
| 156 | See Notes to Schedule of Investments. |
Schedule of Investments (unaudited)(continued)
INCOME FUND August 31, 2026
The following is a summary of the inputs used as of August 31, 2026 in valuing the Fund’s investments carried at fair value(1):
| Investment Type(2) | Level 1 | Level 2 | Level 3 | Total | ||||||||||||
| Long-Term Investments | ||||||||||||||||
| Asset-Backed Securities | ||||||||||||||||
| Credit Card | $ | – | $ | 17,000,203 | $ | 12,511,250 | $ | 29,511,453 | ||||||||
| Remaining Industries | – | 694,311,811 | – | 694,311,811 | ||||||||||||
| Convertible Bonds | – | 11,839,215 | – | 11,839,215 | ||||||||||||
| Corporate Bonds | – | 4,233,287,421 | – | 4,233,287,421 | ||||||||||||
| Floating Rate Loans | ||||||||||||||||
| Software | – | 539,280 | 1,344,333 | 1,883,613 | ||||||||||||
| Remaining Industries | – | 968,119,613 | – | 968,119,613 | ||||||||||||
| Less Unfunded Loan Commitments | – | (1,601,008 | ) | – | (1,601,008 | ) | ||||||||||
| Foreign Government Obligations | – | 117,719,173 | – | 117,719,173 | ||||||||||||
| Government Sponsored Enterprises | ||||||||||||||||
| Collateralized Mortgage Obligations | – | 40,034 | – | 40,034 | ||||||||||||
| Government Sponsored Enterprises | ||||||||||||||||
| Pass-Throughs | – | 392,004,572 | – | 392,004,572 | ||||||||||||
| Non-Agency Commercial | ||||||||||||||||
| Mortgage-Backed Securities | – | 90,288,218 | – | 90,288,218 | ||||||||||||
| U.S. Treasury Obligations | – | 111,786,171 | – | 111,786,171 | ||||||||||||
| Short-Term Investments | ||||||||||||||||
| Repurchase Agreements | – | 56,058,804 | – | 56,058,804 | ||||||||||||
| Time Deposits | – | 2,903,624 | – | 2,903,624 | ||||||||||||
| Money Market Funds | 26,132,613 | – | – | 26,132,613 | ||||||||||||
| Total | $ | 26,132,613 | $ | 6,694,297,131 | $ | 13,855,583 | $ | 6,734,285,327 | ||||||||
| Other Financial Instruments | ||||||||||||||||
| Centrally Cleared Credit Default Swap Contracts | ||||||||||||||||
| Assets | $ | – | $ | 23,350,656 | $ | – | $ | 23,350,656 | ||||||||
| Liabilities | – | (99,742 | ) | – | (99,742 | ) | ||||||||||
| Total Return Swap Contracts | ||||||||||||||||
| Assets | – | 612,289 | – | 612,289 | ||||||||||||
| Liabilities | – | (6,592,046 | ) | – | (6,592,046 | ) | ||||||||||
| Futures Contracts | ||||||||||||||||
| Assets | – | – | – | – | ||||||||||||
| Liabilities | (7,108,154 | ) | – | – | (7,108,154 | ) | ||||||||||
| Total | $ | (7,108,154 | ) | $ | 17,271,157 | $ | – | $ | 10,163,003 | |||||||
| (1) | Refer to Note 2(a) for a description of fair value measurements and the three-tier hierarchy of inputs. | |
| (2) | See Schedule of Investments for fair values in each industry and identification of foreign issuers and/or geography. When applicable, each Level 3 security is identified on the Schedule of Investments along with the valuation technique utilized. |
| See Notes to Schedule of Investments. | 157 |
Schedule of Investments (unaudited)(concluded)
INCOME FUND August 31, 2026
A reconciliation of Level 3 investments is presented when the Fund has a material amount of Level 3 investments at the beginning or end of the period in relation to the Fund’s net assets. Management has determined not to provide a reconciliation and a summary of unobservable inputs as the balance of Level 3 investments was not considered to be material to the Fund’s net assets at the beginning or end of the period.
| 158 | See Notes to Schedule of Investments. |
Schedule of Investments (unaudited)
INFLATION FOCUSED FUND August 31, 2026
| Investments | Interest Rate | Maturity Date | Principal Amount | Fair Value | ||||||||
| LONG-TERM INVESTMENTS 99.66% | ||||||||||||
| ASSET-BACKED SECURITIES 20.78% | ||||||||||||
| Automobiles 7.07% | ||||||||||||
| Americredit Automobile Receivables Trust Series 2023-1 Class C | 5.80% | 12/18/2028 | $ | 600,000 | $ | 604,459 | ||||||
| AutoNation Finance Trust Series 2026-N1A Class A2† | 4.48% | 2/15/2029 | 480,000 | 479,679 | ||||||||
| AutoNation Finance Trust Series 2026-N1A Class A3† | 4.63% | 12/16/2030 | 300,000 | 299,223 | ||||||||
| CarMax Auto Owner Trust Series 2023-1 Class B | 4.98% | 1/16/2029 | 2,300,000 | 2,306,172 | ||||||||
| CarMax Select Receivables Trust Series 2026-A Class A3 | 3.99% | 5/17/2032 | 385,000 | 380,348 | ||||||||
| Carvana Auto Receivables Trust Series 2024-P1 Class A4† | 5.08% | 3/11/2030 | 1,375,000 | 1,383,823 | ||||||||
| Carvana Auto Receivables Trust Series 2026-P3 Class A3 | 4.76% | 8/11/2031 | 1,530,000 | 1,527,076 | ||||||||
| Citizens Auto Receivables Trust Series 2023-1 Class A4† | 5.78% | 10/15/2030 | 2,485,000 | 2,495,500 | ||||||||
| Citizens Auto Receivables Trust Series 2023-2 Class A3† | 5.83% | 2/15/2028 | 161,805 | 162,032 | ||||||||
| Citizens Auto Receivables Trust Series 2023-2 Class A4† | 5.74% | 10/15/2030 | 2,370,000 | 2,383,539 | ||||||||
| CPS Auto Receivables Trust Series 2024-D Class C† | 4.76% | 1/15/2031 | 1,875,000 | 1,876,949 | ||||||||
| Exeter Automobile Receivables Trust Series 2023-1A Class D | 6.69% | 6/15/2029 | 608,128 | 611,590 | ||||||||
| Exeter Automobile Receivables Trust Series 2024-2A Class C | 5.74% | 5/15/2029 | 470,086 | 471,775 | ||||||||
| Exeter Automobile Receivables Trust Series 2024-3A Class D | 5.98% | 9/16/2030 | 685,000 | 695,686 | ||||||||
| Exeter Automobile Receivables Trust Series 2026-3A Class A3 | 4.47% | 7/15/2030 | 605,000 | 604,153 | ||||||||
| Ford Credit Auto Owner Trust Series 2026-1 Class A† | 4.32% | (a) | 8/15/2038 | 1,765,000 | 1,722,267 | |||||||
| Ford Credit Auto Owner Trust Series 2026-2 Class A† | 4.86% | (a) | 2/15/2039 | 900,000 | 897,809 | |||||||
| GLS Auto Receivables Issuer Trust Series 2026-1A Class A3† | 3.97% | 11/15/2029 | 2,975,000 | 2,961,376 | ||||||||
| GLS Auto Receivables Issuer Trust Series 2026-2A Class A3† | 4.33% | 11/15/2029 | 245,000 | 244,345 | ||||||||
| GLS Auto Receivables Issuer Trust Series 2026-3A Class A3† | 4.60% | 3/15/2030 | 1,000,000 | 999,415 | ||||||||
| GM Financial Automobile Leasing Trust Series 2025-2 Class C | 5.04% | 10/22/2029 | 1,403,000 | 1,407,096 | ||||||||
| See Notes to Schedule of Investments. | 159 |
Schedule of Investments (unaudited)(continued)
INFLATION FOCUSED FUND August 31, 2026
| Investments | Interest Rate | Maturity Date | Principal Amount | Fair Value | ||||||||
| Automobiles (continued) | ||||||||||||
| GM Financial Consumer Automobile Receivables Trust Series 2023-4 Class A4 | 5.71% | 2/16/2029 | $ | 1,795,000 | $ | 1,812,806 | ||||||
| Honda Auto Receivables Owner Trust Series 2023-4 Class A3 | 5.67% | 6/21/2028 | 330,240 | 331,993 | ||||||||
| Huntington Bank Auto Credit-Linked Notes Series 2024-1 Class B1† | 6.153% | 5/20/2032 | 367,287 | 369,960 | ||||||||
| Huntington Bank Auto Credit-Linked Notes Series 2024-2 Class B1† | 5.442% | 10/20/2032 | 363,203 | 364,231 | ||||||||
| Huntington Bank RVM Credit-Linked Notes Series 2026-RVM1 Class B1† | 5.612% | 8/20/2048 | 655,000 | 654,088 | ||||||||
| Hyundai Auto Receivables Trust Series 2025-A Class C | 4.76% | 6/15/2032 | 1,825,000 | 1,820,188 | ||||||||
| Kinetic Advantage Master Owner Trust Series 2025-1A Class A† | 5.837% (30 day USD SOFR Average + 2.20%) | # | 10/15/2029 | 700,000 | 705,994 | |||||||
| M&T Bank Auto Receivables Trust Series 2026-1A Class A3† | 4.66% | 6/16/2031 | 635,000 | 634,938 | ||||||||
| M&T Bank RV Trust Series 2026-1A Class A† | 4.35% | 1/15/2046 | 325,143 | 317,399 | ||||||||
| Merchants Fleet Funding LLC Series 2024-1A Class A† | 5.82% | 4/20/2037 | 1,004,095 | 1,005,630 | ||||||||
| NextGear Floorplan Master Owner Trust Series 2025-1A Class A† | 4.55% | 2/15/2030 | 1,980,000 | 1,977,383 | ||||||||
| Nissan Auto Lease Trust Series 2025-B Class C | 4.81% | 11/15/2029 | 1,180,000 | 1,179,080 | ||||||||
| Nissan Auto Lease Trust Series 2026-A Class A3 | 3.87% | 3/15/2029 | 525,000 | 520,082 | ||||||||
| Octane Receivables Trust Series 2024-2A Class A2† | 5.80% | 7/20/2032 | 139,849 | 140,353 | ||||||||
| Octane Receivables Trust Series 2024-3A Class A2† | 4.94% | 5/20/2030 | 195,344 | 195,790 | ||||||||
| Octane Recievables Trust Series 2026-RVM1 Class A† | 4.92% | 6/20/2047 | 315,000 | 315,178 | ||||||||
| Santander Drive Auto Receivables Trust Series 2023-1 Class C | 5.09% | 5/15/2030 | 759,747 | 761,608 | ||||||||
| Santander Drive Auto Receivables Trust Series 2023-3 Class C | 5.77% | 11/15/2030 | 1,077,080 | 1,086,909 | ||||||||
| Santander Drive Auto Receivables Trust Series 2023-5 Class B | 6.16% | 12/17/2029 | 1,552,347 | 1,560,396 | ||||||||
| Santander Drive Auto Receivables Trust Series 2023-5 Class C | 6.43% | 2/18/2031 | 1,239,000 | 1,261,748 | ||||||||
| Santander Drive Auto Receivables Trust Series 2023-6 Class B | 5.98% | 4/16/2029 | 1,593,875 | 1,602,338 | ||||||||
| Santander Drive Auto Receivables Trust Series 2023-6 Class C | 6.40% | 3/17/2031 | 400,000 | 407,698 | ||||||||
| Santander Drive Auto Receivables Trust Series 2024-2 Class C | 5.84% | 6/17/2030 | 1,235,000 | 1,246,653 | ||||||||
| 160 | See Notes to Schedule of Investments. |
Schedule of Investments (unaudited)(continued)
INFLATION FOCUSED FUND August 31, 2026
| Investments | Interest Rate | Maturity Date | Principal Amount | Fair Value | ||||||||
| Automobiles (continued) | ||||||||||||
| Santander Drive Auto Receivables Trust Series 2024-3 Class B | 5.55% | 9/17/2029 | $ | 691,188 | $ | 693,575 | ||||||
| Santander Drive Auto Receivables Trust Series 2025-1 Class B | 4.88% | 3/17/2031 | 565,000 | 566,171 | ||||||||
| Santander Drive Auto Receivables Trust Series 2025-4 Class A3 | 4.17% | 4/15/2030 | 935,000 | 932,695 | ||||||||
| Santander Drive Auto Receivables Trust Series 2026-1 Class A3 | 3.93% | 7/15/2030 | 815,000 | 809,698 | ||||||||
| SFS Auto Receivables Securitization Trust Series 2024-2A Class A4† | 5.26% | 8/20/2030 | 3,663,000 | 3,695,713 | ||||||||
| Stellantis Financial Floorplan Master Auto Owner Trust Series 2026-1A Class A† | 4.77% | 8/20/2031 | 1,550,000 | 1,551,528 | ||||||||
| Stellantis Financial Underwritten Enhanced Lease Trust Series 2025-AA Class A4† | 4.50% | 3/20/2029 | 540,000 | 539,940 | ||||||||
| Stellantis Financial Underwritten Enhanced Lease Trust Series 2026-AA Class A3† | 4.35% | 11/20/2029 | 610,000 | 606,663 | ||||||||
| Toyota Auto Loan Extended Note Trust Series 2026-1A Class A† | 4.58% | 4/25/2039 | 865,000 | 856,672 | ||||||||
| U.S. Bank NA Series 2026-RVM1 Class B1† | 4.959% | 12/25/2046 | 1,418,094 | 1,393,250 | ||||||||
| Volkswagen Credit Auto Master Trust Series 2026-1A Class A† | 4.71% | 5/20/2031 | 850,000 | 850,594 | ||||||||
| Western Funding Auto Loan Trust Series 2025-1 Class A† | 4.75% | 7/16/2035 | 1,845,000 | 1,842,519 | ||||||||
| Westlake Automobile Receivables Trust Series 2023-1A Class D† | 6.79% | 11/15/2028 | 1,000,000 | 1,007,652 | ||||||||
| Westlake Automobile Receivables Trust Series 2024-2A Class D† | 5.91% | 4/15/2030 | 855,000 | 864,134 | ||||||||
| Westlake Automobile Receivables Trust Series 2026-2A Class A3† | 4.35% | 4/15/2030 | 530,000 | 528,389 | ||||||||
| Westlake Automobile Receivables Trust Series 2026-3A Class A3† | 4.64% | 3/15/2030 | 680,000 | 679,907 | ||||||||
| Wolrd Omni Select Auto Trust Series 2026-A Class A3 | 4.73% | 5/17/2032 | 680,000 | 678,133 | ||||||||
| World Omni Auto Receivables Trust Series 2023-D Class A3 | 5.79% | 2/15/2029 | 948,810 | 954,668 | ||||||||
| Total | 63,838,656 | |||||||||||
| Credit Card 0.80% | ||||||||||||
| Capital One Multi-Asset Execution Trust Series 2026-A1 Class A | 4.48% | 7/15/2031 | 3,270,000 | 3,263,731 | ||||||||
| First National Master Note Trust Series 2026-1 Class A | 4.61% | 5/15/2031 | 825,000 | 821,250 | ||||||||
| See Notes to Schedule of Investments. | 161 |
Schedule of Investments (unaudited)(continued)
INFLATION FOCUSED FUND August 31, 2026
| Investments | Interest Rate | Maturity Date | Principal Amount | Fair Value | ||||||||
| Credit Card (continued) | ||||||||||||
| Fortiva Retail Prime Masters Notes Business Trust Series 2025-A Class A† | 6.60% | 9/17/2029 | $ | 1,600,000 | $ | 1,601,440 | (b) | |||||
| Synchrony Card Issuance Trust Series 2026-A2 Class A | 4.69% | 7/15/2032 | 1,560,000 | 1,556,467 | ||||||||
| Total | 7,242,888 | |||||||||||
| Other 12.60% | ||||||||||||
| Acore Issuer LLC Series 2026-FL1 Class A† | 5.103% (1 mo. USD Term SOFR + 1.45%) | # | 8/20/2043 | 560,000 | 560,000 | |||||||
| ACREC LLC Series 2026-FL5 Class A† | 4.997% (1 mo. USD Term SOFR + 1.35%) | # | 7/18/2043 | 830,000 | 830,776 | |||||||
| Affirm Master Trust Series 2025-3A Class A† | 4.45% | 10/16/2034 | 1,165,000 | 1,155,293 | ||||||||
| Affirm Master Trust Series 2026-1A Class A† | 4.37% | 2/15/2034 | 1,185,000 | 1,177,292 | ||||||||
| Affirm Master Trust Series 2026-2A Class A† | 4.67% | 4/16/2035 | 785,000 | 779,027 | ||||||||
| Anthelion CLO Ltd. Series 2025-1A Class A1† | 5.229% (3 mo. USD Term SOFR + 1.50%) | # | 7/20/2036 | 2,000,000 | 2,002,670 | |||||||
| Apex Credit CLO Ltd. Series 2021-1A Class ANR† | 4.949% (3 mo. USD Term SOFR + 1.22%) | # | 7/18/2034 | 1,540,000 | 1,540,618 | |||||||
| Apex Credit CLO Ltd. Series 2024-2A Class A† | 5.33% (3 mo. USD Term SOFR + 1.52%) | # | 7/25/2037 | 530,000 | 530,387 | |||||||
| Aqua Finance Trust Series 2021-A Class A† | 1.54% | 7/17/2046 | 155,883 | 141,575 | ||||||||
| Arbor Realty Commercial Real Estate Notes LLC Series 2025-FL1 Class A† | 5.007% (1 mo. USD Term SOFR + 1.35%) | # | 1/20/2043 | 1,660,000 | 1,664,767 | |||||||
| Arbor Realty Commercial Real Estate Notes LLC Series 2026-FL1 Class A† | 5.153% (1 mo. USD Term SOFR + 1.50%) | # | 9/20/2043 | 540,000 | 541,869 | |||||||
| Arbor Realty Commercial Real Estate Notes LLC Series 2026-FL2 Class A† | 5.153% (1 mo. USD Term SOFR + 1.50%) | # | 4/20/2044 | 200,000 | 200,313 | |||||||
| ARES Loan Funding V Ltd. Series 2024-ALF5A Class A1R† | 5.03% (3 mo. USD Term SOFR + 1.22%) | # | 7/25/2037 | 2,150,000 | 2,151,767 | |||||||
| ARES LXIV CLO Ltd. Series 2022-64AR Class AR2†(c) | 4.89% (3 mo. USD Term SOFR + 1.20%) | # | 10/22/2039 | 1,880,000 | 1,880,479 | |||||||
| Atlas Senior Loan Fund XXIII Ltd. Series 2024-23A Class A1R† | 5.009% (3 mo. USD Term SOFR + 1.28%) | # | 7/20/2037 | 610,000 | 611,283 | |||||||
| BAR Issuer LLC Series 2026-FL1 Class A† | 5.253% (1 mo. USD Term SOFR + 1.60%) | # | 8/20/2043 | 1,060,000 | 1,063,647 | |||||||
| 162 | See Notes to Schedule of Investments. |
Schedule of Investments (unaudited)(continued)
INFLATION FOCUSED FUND August 31, 2026
| Investments | Interest Rate | Maturity Date | Principal Amount | Fair Value | ||||||||
| Other (continued) | ||||||||||||
| Barrow Hanley CLO III Ltd. Series 2024-3A Class AR† | 4.999% (3 mo. USD Term SOFR + 1.27%) | # | 4/20/2038 | $ | 1,310,000 | $ | 1,310,732 | |||||
| Bayview Opportunity Master Fund VII LLC Series 2026-CRD1 Class A† | 5.243% (30 day USD SOFR Average + 1.60%) | # | 9/25/2034 | 1,370,000 | 1,382,644 | |||||||
| Bayview Opportunity Master Fund VII LLC Series 2026-CRD1 Class B† | 5.543% (30 day USD SOFR Average + 1.90%) | # | 9/25/2034 | 1,895,000 | 1,912,858 | |||||||
| BDS LLC Series 2025-FL15 Class A† | 5.047% (1 mo. USD Term SOFR + 1.40%) | # | 3/19/2043 | 1,030,000 | 1,032,695 | |||||||
| BDS LLC Series 2025-FL16 Class A† | 5.047% (1 mo. USD Term SOFR + 1.40%) | # | 6/19/2043 | 750,000 | 751,044 | |||||||
| BDS LLC Series 2026-FL17 Class A† | 4.997% (1 mo. USD Term SOFR + 1.35%) | # | 5/19/2043 | 520,000 | 520,660 | |||||||
| Birch Grove CLO Ltd. Series 19A Class A1R3† | 4.937% (3 mo. USD Term SOFR + 1.22%) | # | 7/17/2037 | 1,720,000 | 1,722,150 | |||||||
| Black Diamond CLO Ltd. Series 2021-1A Class A1AR† | 4.983% (3 mo. USD Term SOFR + 1.25%) | # | 11/22/2034 | 2,000,000 | 2,000,016 | |||||||
| BlueMountain CLO XXIX Ltd. Series 2020-29A Class AR2† | 4.86% (3 mo. USD Term SOFR + 1.05%) | # | 7/25/2034 | 2,230,000 | 2,231,037 | |||||||
| BSPDF Issuer LLC Series 2026-FL3 Class A† | 5.089% (1 mo. USD Term SOFR + 1.45%) | # | 9/18/2043 | 920,000 | 922,300 | |||||||
| BSPDF Issuer LLC Series 2026-FL4 Class A† | 5.089% (1 mo. USD Term SOFR + 1.45%) | # | 11/18/2043 | 1,270,000 | 1,272,603 | |||||||
| BSPDF Issuer LLC Series 2026-FL5 Class A† | 5.10% (1 mo. USD Term SOFR + 1.30%) | # | 2/18/2044 | 580,000 | 580,490 | |||||||
| BSPRT Issuer LLC Series 2025-FL12 Class A† | 5.025% (1 mo. USD Term SOFR + 1.39%) | # | 1/17/2043 | 930,000 | 932,355 | |||||||
| Canyon CLO Ltd. Series 2020-2A Class AR2† | 4.783% (3 mo. USD Term SOFR + 1.03%) | # | 10/15/2034 | 2,250,000 | 2,251,748 | |||||||
| Carlyle U.S. CLO Ltd. Series 2021-9A Class AR† | 4.839% (3 mo. USD Term SOFR + 1.11%) | # | 10/20/2034 | 1,680,000 | 1,682,769 | |||||||
| CarVal CLO XI C Ltd. Series 2024-3A Class A1† | 5.119% (3 mo. USD Term SOFR + 1.39%) | # | 10/20/2037 | 1,720,000 | 1,722,279 | |||||||
| Cedar Funding XI CLO Ltd. Series 2019-11A Class A1R2† | 4.824% (3 mo. USD Term SOFR + 1.06%) | # | 5/29/2032 | 603,811 | 605,218 | |||||||
| CIFC Funding Ltd. Series 2017-5AR Class AR2†(c) | – | (d) | 7/17/2037 | 950,000 | 950,238 | |||||||
| Columbia Cent CLO 31 Ltd. Series 2021-31A Class A1R† | 4.829% (3 mo. USD Term SOFR + 1.10%) | # | 4/20/2034 | 1,546,039 | 1,545,336 | |||||||
| See Notes to Schedule of Investments. | 163 |
Schedule of Investments (unaudited)(continued)
INFLATION FOCUSED FUND August 31, 2026
| Investments | Interest Rate | Maturity Date | Principal Amount | Fair Value | ||||||||
| Other (continued) | ||||||||||||
| Crown City CLO IV Series 2022-4A Class A1R2† | 5.009% (3 mo. USD Term SOFR + 1.28%) | # | 4/20/2037 | $ | 1,600,000 | $ | 1,602,826 | |||||
| Crown City CLO V Series 2023-5A Class A1R2† | 4.979% (3 mo. USD Term SOFR + 1.25%) | # | 4/22/2037 | 1,190,000 | 1,191,184 | |||||||
| Dell Equipment Finance Trust Series 2025-1 Class C† | 5.25% | 2/24/2031 | 1,590,000 | 1,598,415 | ||||||||
| Dell Equipment Finance Trust Series 2025-1 Class D† | 5.64% | 8/22/2031 | 1,250,000 | 1,259,276 | ||||||||
| Dell Equipment Finance Trust Series 2026-1A Class A3† | 4.32% | 12/22/2031 | 180,000 | 179,118 | ||||||||
| Dryden 104 CLO Ltd. Series 2022-104A Class A1R† | 5.023% (3 mo. USD Term SOFR + 1.29%) | # | 8/20/2034 | 1,810,000 | 1,811,546 | |||||||
| Dryden 42 Senior Loan Fund Series 2016-42A Class A1R3† | 4.943% (3 mo. USD Term SOFR + 1.19%) | # | 7/15/2037 | 1,230,000 | 1,231,510 | |||||||
| Eaton Vance CLO Ltd. Series 2019-1A Class AR3† | 5.003% (3 mo. USD Term SOFR + 1.25%) | # | 7/15/2037 | 830,000 | 830,671 | |||||||
| Empower CLO Ltd. Series 2024-1A Class A1R† | 5.09% (3 mo. USD Term SOFR + 1.28%) | # | 4/25/2037 | 2,970,000 | 2,975,138 | |||||||
| Empower CLO Ltd. Series 2024-2AR Class A1R†(c) | – | (d) | 7/15/2037 | 1,620,000 | 1,620,413 | |||||||
| FCR Issuer LLC Series 2026-FL1 Class A† | 5.244% (1 mo. USD Term SOFR + 1.50%) | # | 8/19/2043 | 1,060,000 | 1,060,900 | |||||||
| Fortress Credit BSL XIII Ltd. Series 2021-2A Class AR† | 4.692% (3 mo. USD Term SOFR + 1.00%) | # | 7/20/2034 | 920,000 | 920,859 | |||||||
| FS Rialto Issuer LLC Series 2025-FL10 Class A† | 5.032% (1 mo. USD Term SOFR + 1.39%) | # | 8/19/2042 | 700,000 | 700,682 | |||||||
| INCREF LLC Series 2026-FL3 Class A† | 5.047% (1 mo. USD Term SOFR + 1.40%) | # | 1/19/2044 | 1,060,000 | 1,061,320 | |||||||
| Katayma CLO II Ltd. Series 2024-2A Class A1R† | 4.979% (3 mo. USD Term SOFR + 1.25%) | # | 4/20/2037 | 850,000 | 850,422 | |||||||
| Kennedy Lewis CLO 13 Ltd. Series 2023-13A Class A1R† | 4.869% (3 mo. USD Term SOFR + 1.14%) | # | 1/20/2038 | 820,000 | 820,205 | |||||||
| Kennedy Lewis CLO 14 Ltd. Series 2024-14A Class AR† | 5.053% (3 mo. USD Term SOFR + 1.32%) | # | 4/22/2037 | 820,000 | 823,673 | |||||||
| KKR CLO 15 Ltd. Series 15 Class BR2† | 5.279% (3 mo. USD Term SOFR + 1.55%) | # | 1/18/2032 | 1,630,000 | 1,631,597 | |||||||
| 164 | See Notes to Schedule of Investments. |
Schedule of Investments (unaudited)(continued)
INFLATION FOCUSED FUND August 31, 2026
| Investments | Interest Rate | Maturity Date | Principal Amount | Fair Value | ||||||||
| Other (continued) | ||||||||||||
| KKR CLO 40 Ltd. Series 40A Class AR† | 5.029% (3 mo. USD Term SOFR + 1.30%) | # | 10/20/2034 | $ | 2,189,721 | $ | 2,190,800 | |||||
| Lendmark Funding Trust Series 2021-1A Class B† | 2.47% | 11/20/2031 | 4,700,000 | 4,540,896 | ||||||||
| Lendmark Funding Trust Series 2026-1A Class A† | 4.80% | 11/20/2035 | 635,000 | 628,983 | ||||||||
| M&T Equipment Notes Series 2024-1A Class A4† | 4.94% | 8/18/2031 | 1,655,000 | 1,659,532 | ||||||||
| Madison Park Funding LVII Ltd. Series 2022-57A Class A1R† | 5.09% (3 mo. USD Term SOFR + 1.28%) | # | 7/27/2034 | 1,600,000 | 1,601,120 | |||||||
| Madison Park Funding XXXI Ltd. Series 2018-31AR Class A1A3†(c) | – | (d) | 7/23/2037 | 880,000 | 880,224 | |||||||
| Mariner Finance Issuance Trust Series 2021-BA Class A† | 2.10% | 11/20/2036 | 1,460,000 | 1,435,731 | ||||||||
| MF1 LLC Series 2026-FL22 Class A† | 5.039% (1 mo. USD Term SOFR + 1.40%) | # | 11/18/2043 | 1,450,000 | 1,454,305 | |||||||
| MF1 Ltd. Series 2021-FL7 Class A† | 4.833% (1 mo. USD Term SOFR + 1.19%) | # | 10/16/2036 | 35,467 | 35,498 | |||||||
| Nassau Ltd. Series 2020-1A Class A1RR† | 4.853% (3 mo. USD Term SOFR + 1.10%) | # | 1/15/2035 | 1,300,000 | 1,300,099 | |||||||
| Navesink CLO 3 Ltd. Series 2025-3A Class A1R† | 4.836% (3 mo. USD Term SOFR + 1.15%) | # | 7/15/2037 | 1,760,000 | 1,762,024 | |||||||
| NGC Ltd. Series 2024-1A Class A1R† | 4.999% (3 mo. USD Term SOFR + 1.27%) | # | 7/20/2037 | 1,950,000 | 1,950,936 | |||||||
| Octagon Investment Partners 45 Ltd. Series 2019-1A Class A1RR† | 4.903% (3 mo. USD Term SOFR + 1.15%) | # | 4/15/2035 | 1,000,000 | 1,001,151 | |||||||
| Octagon Investment Partners 51 Ltd. Series 2021-1A Class AR† | 4.719% (3 mo. USD Term SOFR + 0.99%) | # | 7/20/2034 | 1,930,000 | 1,932,275 | |||||||
| OneMain Financial Issuance Trust Series 2019-2A Class A† | 3.14% | 10/14/2036 | 2,282,000 | 2,259,288 | ||||||||
| PFP Ltd. Series 2025-12 Class A† | 5.128% (1 mo. USD Term SOFR + 1.49%) | # | 12/18/2042 | 1,420,000 | 1,427,626 | |||||||
| PFP Ltd. Series 2026-13 Class A† | 5.139% (1 mo. USD Term SOFR + 1.50%) | # | 8/18/2043 | 910,000 | 914,944 | |||||||
| PFP Ltd. Series 2026-14 Class A† | 4.959% (1 mo. USD Term SOFR + 1.32%) | # | 12/18/2043 | 1,300,000 | 1,301,235 | |||||||
| Post CLO Ltd. Series 2022-1A Class AR† | 4.829% (3 mo. USD Term SOFR + 1.10%) | # | 4/20/2035 | 2,750,000 | 2,753,539 | |||||||
| Regatta XI Funding Ltd. Series 2018-1A Class AR2† | 4.98% (3 mo. USD Term SOFR + 1.23%) | # | 7/17/2037 | 1,290,000 | 1,290,984 | |||||||
| Saratoga Investment Corp. Senior Loan Fund Ltd. Series 2022-1A Class A1R† | 5.119% (3 mo. USD Term SOFR + 1.39%) | # | 10/20/2037 | 2,160,000 | 2,161,290 | |||||||
| See Notes to Schedule of Investments. | 165 |
Schedule of Investments (unaudited)(continued)
INFLATION FOCUSED FUND August 31, 2026
| Investments | Interest Rate | Maturity Date | Principal Amount | Fair Value | ||||||||
| Other (continued) | ||||||||||||
| SCF Equipment Leasing LLC Series 2024-1A Class A3† | 5.52% | 1/20/2032 | $ | 444,231 | $ | 447,168 | ||||||
| SCF Equipment Leasing LLC Series 2025-2A Class A3† | 4.33% | 6/20/2036 | 1,070,000 | 1,055,438 | ||||||||
| Signal Peak CLO 5 Ltd. Series 2018-5A Class A1R2† | 5.04% (3 mo. USD Term SOFR + 1.23%) | # | 4/25/2037 | 1,750,000 | 1,752,733 | |||||||
| Trinitas CLO XVI Ltd. Series 2021-16AR Class B1R2†(c) | – | (d) | 7/20/2034 | 460,000 | 460,230 | |||||||
| Trysail CLO Ltd. Series 2021-1A Class A1R† | 5.079% (3 mo. USD Term SOFR + 1.35%) | # | 10/20/2036 | 1,700,000 | 1,701,877 | |||||||
| U.S. Bank NA Series 2025-SUP1 Class B† | 5.582% | 2/25/2032 | 385,589 | 383,543 | ||||||||
| Venture 28A CLO Ltd. Series 2017-28AA Class A1RR† | 4.839% (3 mo. USD Term SOFR + 1.11%) | # | 10/20/2034 | 2,000,000 | 2,001,586 | |||||||
| Verdant Receivables LLC Series 2025-1A Class A3† | 4.96% | 5/12/2033 | 1,935,000 | 1,938,308 | ||||||||
| Vibrant CLO XR Ltd. Series 2018-10RA Class A1R† | 4.969% (3 mo. USD Term SOFR + 1.24%) | # | 4/20/2036 | 320,000 | 320,246 | |||||||
| Voya CLO Ltd. Series 2013-3A Class A2RR† | 5.69% (3 mo. USD Term SOFR + 1.96%) | # | 10/18/2031 | 193,205 | 193,559 | |||||||
| Wellfleet CLO Ltd. Series 2022-1AR Class A1R2†(c) | – | (d) | 7/15/2037 | 1,730,000 | 1,730,432 | |||||||
| Wingspire Equipment Finance LLC Series 2025-1A Class A2† | 4.33% | 9/20/2033 | 2,189,279 | 2,185,316 | ||||||||
| Zais CLO 15 Ltd. Series 2020-15A Class A1RR† | 5.328% (3 mo. USD Term SOFR + 1.49%) | # | 7/28/2037 | 680,000 | 680,690 | |||||||
| Total | 113,664,296 | |||||||||||
| Student Loan 0.31% | ||||||||||||
| Navient Private Education Refi Loan Trust Series 2021-CA Class A† | 1.06% | 10/15/2069 | 1,406,908 | 1,272,845 | ||||||||
| Navient Refinance Loan Trust Series 2026-A Class A† | 4.50% | 1/18/2056 | 281,594 | 276,393 | ||||||||
| Nelnet Student Loan Trust Series 2021-A Class APT1† | 1.36% | 4/20/2062 | 1,273,409 | 1,212,283 | ||||||||
| Total | 2,761,521 | |||||||||||
| Total Asset-Backed Securities (cost $187,784,254) | 187,507,361 | |||||||||||
| CONVERTIBLE BONDS 0.04% | ||||||||||||
| Equity Real Estate 0.04% | ||||||||||||
| Redfin Corp. (cost $399,403) | 0.50% | 4/1/2027 | 411,000 | 399,697 | ||||||||
| 166 | See Notes to Schedule of Investments. |
Schedule of Investments (unaudited)(continued)
INFLATION FOCUSED FUND August 31, 2026
| Investments | Interest Rate | Maturity Date | Principal Amount | Fair Value | ||||||||
| CORPORATE BONDS 45.04% | ||||||||||||
| Advertising 0.14% | ||||||||||||
| Clear Channel Outdoor Holdings, Inc.† | 7.50% | 6/1/2029 | $ | 1,204,000 | $ | 1,207,103 | ||||||
| Clear Channel Outdoor Holdings, Inc.† | 7.75% | 4/15/2028 | 76,000 | 76,138 | ||||||||
| Total | 1,283,241 | |||||||||||
| Aerospace/Defense 0.47% | ||||||||||||
| ATI, Inc. | 7.25% | 8/15/2030 | 614,000 | 636,999 | ||||||||
| Czechoslovak Group AS (Czech Republic)†(e) | 6.50% | 1/10/2031 | 1,325,000 | 1,348,383 | ||||||||
| Hexcel Corp. | 4.90% | 5/15/2031 | 765,000 | 751,517 | ||||||||
| TransDigm, Inc.† | 6.75% | 8/15/2028 | 1,500,000 | 1,511,403 | ||||||||
| Total | 4,248,302 | |||||||||||
| Agriculture 0.31% | ||||||||||||
| Darling Ingredients, Inc.† | 5.25% | 4/15/2027 | 894,000 | 894,728 | ||||||||
| Imperial Brands Finance PLC (United Kingdom)†(e) | 4.875% | 2/7/2032 | 771,000 | 754,396 | ||||||||
| Japan Tobacco, Inc. (Japan)†(e) | 5.25% | 6/15/2030 | 1,102,000 | 1,112,698 | ||||||||
| Total | 2,761,822 | |||||||||||
| Airlines 0.05% | ||||||||||||
| United Airlines Pass-Through Trust Class A | 5.875% | 4/15/2029 | 456,921 | 461,156 | ||||||||
| Auto Manufacturers 1.73% | ||||||||||||
| Ford Motor Credit Co. LLC | 4.125% | 8/17/2027 | 1,154,000 | 1,147,357 | ||||||||
| Ford Motor Credit Co. LLC | 5.125% | 11/5/2026 | 2,471,000 | 2,473,564 | ||||||||
| Ford Motor Credit Co. LLC | 5.303% | 9/6/2029 | 912,000 | 909,406 | ||||||||
| Ford Motor Credit Co. LLC | 5.431% | 8/13/2029 | 1,030,000 | 1,030,006 | ||||||||
| Ford Motor Credit Co. LLC | 5.80% | 3/8/2029 | 1,229,000 | 1,239,183 | ||||||||
| Ford Motor Credit Co. LLC | 5.85% | 5/17/2027 | 823,000 | 828,267 | ||||||||
| Ford Motor Credit Co. LLC | 7.35% | 11/4/2027 | 1,185,000 | 1,215,040 | ||||||||
| General Motors Financial Co., Inc. | 4.943% (SOFR + 1.29%) | # | 1/7/2030 | 415,000 | 418,959 | |||||||
| General Motors Financial Co., Inc. | 5.55% | 7/15/2029 | 963,000 | 976,680 | ||||||||
| Hyundai Capital America† | 5.30% | 1/8/2029 | 584,000 | 587,481 | ||||||||
| Hyundai Capital America† | 6.10% | 9/21/2028 | 1,497,000 | 1,529,185 | ||||||||
| Hyundai Capital America† | 6.50% | 1/16/2029 | 411,000 | 424,194 | ||||||||
| Nissan Motor Acceptance Co. LLC† | 1.85% | 9/16/2026 | 2,075,000 | 2,072,967 | ||||||||
| Nissan Motor Acceptance Co. LLC† | 6.95% | 9/15/2026 | 200,000 | 200,186 | ||||||||
| Stellantis Financial Services U.S. Corp.† | 5.40% | 6/15/2029 | 544,000 | 537,493 | ||||||||
| Total | 15,589,968 | |||||||||||
| See Notes to Schedule of Investments. | 167 |
Schedule of Investments (unaudited)(continued)
INFLATION FOCUSED FUND August 31, 2026
| Investments | Interest Rate | Maturity Date | Principal Amount | Fair Value | ||||||||
| Banks 6.01% | ||||||||||||
| Banco Internacional del Peru SAA Interbank (Peru)†(e) | 4.80% | 7/15/2031 | $ | 442,000 | $ | 431,648 | ||||||
| Bank Hapoalim BM (Israel)(e) | 4.722% | 7/14/2029 | 820,000 | 805,894 | ||||||||
| Bank Leumi Le-Israel BM (Israel)(e) | 5.343% | 6/29/2029 | 730,000 | 733,806 | ||||||||
| Bank of Ireland Group PLC (Ireland)†(e) | 2.029% (1 yr. CMT + 1.10%) | # | 9/30/2027 | 1,533,000 | 1,529,888 | |||||||
| Bank of Ireland Group PLC (Ireland)†(e) | 4.997% (SOFR + 1.16%) | # | 11/12/2032 | 1,451,000 | 1,427,185 | |||||||
| Barclays PLC (United Kingdom)(e) | 4.836% | 5/9/2028 | 1,142,000 | 1,140,063 | ||||||||
| Barclays PLC (United Kingdom)(e) | 7.385% (1 yr. CMT + 3.30%) | # | 11/2/2028 | 951,000 | 978,081 | |||||||
| BNP Paribas SA (France)†(e) | 2.591% (SOFR + 1.23%) | # | 1/20/2028 | 1,034,000 | 1,025,643 | |||||||
| BNP Paribas SA (France)†(e) | 5.283% (SOFR + 1.28%) | # | 11/19/2030 | 273,000 | 273,685 | |||||||
| Citigroup, Inc. | 3.07% (SOFR + 1.28%) | # | 2/24/2028 | 902,000 | 895,770 | |||||||
| Citigroup, Inc. | 4.503% (SOFR + 1.17%) | # | 9/11/2031 | 843,000 | 822,665 | |||||||
| Citigroup, Inc. | 5.174% (SOFR + 1.36%) | # | 2/13/2030 | 1,282,000 | 1,288,266 | |||||||
| Citizens Financial Group, Inc. | 5.253% (SOFR + 1.26%) | # | 3/5/2031 | 629,000 | 629,405 | |||||||
| Citizens Financial Group, Inc. | 5.841% (SOFR + 2.01%) | # | 1/23/2030 | 1,325,000 | 1,348,741 | |||||||
| Danske Bank AS (Denmark)†(e) | 4.613% (1 yr. CMT + 1.10%) | # | 10/2/2030 | 605,000 | 597,394 | |||||||
| Deutsche Bank AG | 4.875% (5 yr. USD ICE Swap + 2.55%) | # | 12/1/2032 | 563,000 | 559,009 | |||||||
| First Citizens BancShares, Inc. | 5.231% (SOFR + 1.41%) | # | 3/12/2031 | 1,410,000 | 1,389,528 | |||||||
| First Horizon Corp. | 5.514% (SOFR + 1.77%) | # | 3/7/2031 | 554,000 | 554,281 | |||||||
| First-Citizens Bank & Trust Co. | 5.097% (SOFR + 1.15%) | # | 7/13/2029 | 1,024,000 | 1,021,980 | |||||||
| Freedom Mortgage Corp.† | 6.625% | 1/15/2027 | 1,930,000 | 1,935,047 | ||||||||
| Goldman Sachs Bank USA | 4.656% (SOFR + 0.72%) | # | 6/3/2029 | 2,262,000 | 2,255,301 | |||||||
| Goldman Sachs Group, Inc. | 2.64% (SOFR + 1.11%) | # | 2/24/2028 | 872,000 | 864,390 | |||||||
| Goldman Sachs Group, Inc. | 3.814% (3 mo. USD Term SOFR + 1.42%) | # | 4/23/2029 | 241,000 | 237,222 | |||||||
| 168 | See Notes to Schedule of Investments. |
Schedule of Investments (unaudited)(continued)
INFLATION FOCUSED FUND August 31, 2026
| Investments | Interest Rate | Maturity Date | Principal Amount | Fair Value | ||||||||
| Banks (continued) | ||||||||||||
| Goldman Sachs Group, Inc. | 4.369% (SOFR + 1.06%) | # | 10/21/2031 | $ | 1,488,000 | $ | 1,439,003 | |||||
| Goldman Sachs Group, Inc. | 4.516% (SOFR + 0.96%) | # | 1/21/2032 | 1,077,000 | 1,043,533 | |||||||
| Goldman Sachs Group, Inc. | 4.937% (SOFR + 1.32%) | # | 4/23/2028 | 581,000 | 582,290 | |||||||
| Goldman Sachs Group, Inc. | 5.207% (SOFR + 1.08%) | # | 1/28/2031 | 293,000 | 293,291 | |||||||
| Goldman Sachs Group, Inc. | 5.218% (SOFR + 1.58%) | # | 4/23/2031 | 697,000 | 697,569 | |||||||
| Goldman Sachs Group, Inc. | 5.727% (SOFR + 1.27%) | # | 4/25/2030 | 965,000 | 981,043 | |||||||
| HDFC Bank Ltd. (India)†(e) | 5.159% | 8/26/2029 | 688,000 | 685,780 | ||||||||
| HSBC Holdings PLC (United Kingdom)(e) | 4.899% (SOFR + 1.03%) | # | 3/3/2029 | 729,000 | 730,208 | |||||||
| Intesa Sanpaolo SpA (Italy)†(e) | 4.198% (1 yr. CMT + 2.60%) | # | 6/1/2032 | 1,510,000 | 1,415,189 | |||||||
| Intesa Sanpaolo SpA (Italy)†(e) | 5.00% (1 yr. CMT + 0.80%) | # | 6/29/2030 | 460,000 | 457,565 | |||||||
| JPMorgan Chase & Co. | 2.947% (SOFR + 1.17%) | # | 2/24/2028 | 246,000 | 244,199 | |||||||
| JPMorgan Chase & Co. | 3.54% (3 mo. USD Term SOFR + 1.64%) | # | 5/1/2028 | 1,166,000 | 1,158,051 | |||||||
| JPMorgan Chase & Co. | 3.702% (3 mo. USD Term SOFR + 1.42%) | # | 5/6/2030 | 215,000 | 208,350 | |||||||
| JPMorgan Chase & Co. | 3.782% (3 mo. USD Term SOFR + 1.60%) | # | 2/1/2028 | 417,000 | 415,753 | |||||||
| JPMorgan Chase & Co. | 4.323% (SOFR + 1.56%) | # | 4/26/2028 | 283,000 | 282,494 | |||||||
| JPMorgan Chase & Co. | 4.408% (SOFR + 0.82%) | # | 4/23/2030 | 1,105,000 | 1,090,399 | |||||||
| JPMorgan Chase & Co. | 5.14% (SOFR + 1.01%) | # | 1/24/2031 | 500,000 | 501,625 | |||||||
| Macquarie Bank Ltd. (Australia)†(e) | 3.624% | 6/3/2030 | 418,000 | 394,426 | ||||||||
| Morgan Stanley | 4.238% (SOFR + 0.80%) | # | 1/9/2030 | 909,000 | 894,107 | |||||||
| Morgan Stanley | 4.356% (SOFR + 1.07%) | # | 10/22/2031 | 1,228,000 | 1,188,198 | |||||||
| Morgan Stanley | 4.493% (SOFR + 0.95%) | # | 1/16/2032 | 1,120,000 | 1,085,783 | |||||||
| Morgan Stanley | 4.555% (SOFR + 0.96%) | # | 4/10/2030 | 1,465,000 | 1,448,632 | |||||||
| See Notes to Schedule of Investments. | 169 |
Schedule of Investments (unaudited)(continued)
INFLATION FOCUSED FUND August 31, 2026
| Investments | Interest Rate | Maturity Date | Principal Amount | Fair Value | ||||||||
| Banks (continued) | ||||||||||||
| Morgan Stanley | 4.708% (SOFR + 1.20%) | # | 3/12/2032 | $ | 1,087,000 | $ | 1,061,314 | |||||
| Morgan Stanley | 4.868% (SOFR + 0.85%) | # | 7/12/2029 | 585,000 | 585,147 | |||||||
| Morgan Stanley | 5.042% (SOFR + 1.22%) | # | 7/19/2030 | 476,000 | 476,722 | |||||||
| Morgan Stanley | 5.173% (SOFR + 1.45%) | # | 1/16/2030 | 1,600,000 | 1,607,832 | |||||||
| Morgan Stanley | 5.656% (SOFR + 1.26%) | # | 4/18/2030 | 725,000 | 736,193 | |||||||
| Morgan Stanley Bank NA | 4.788% (SOFR + 0.97%) | # | 5/10/2030 | 253,000 | 251,787 | |||||||
| Morgan Stanley Private Bank NA | 4.734% (SOFR + 1.08%) | # | 7/18/2031 | 1,272,000 | 1,253,014 | |||||||
| NatWest Group PLC (United Kingdom)(e) | 4.964% (1 yr. CMT + 1.22%) | # | 8/15/2030 | 205,000 | 204,797 | |||||||
| Santander U.K. Group Holdings PLC (United Kingdom)(e) | 4.32% (SOFR + 1.07%) | # | 9/22/2029 | 429,000 | 423,614 | |||||||
| Standard Chartered PLC (United Kingdom)†(e) | 4.299% (1 yr. CMT + 0.77%) | # | 1/13/2030 | 545,000 | 535,767 | |||||||
| Standard Chartered PLC (United Kingdom)†(e) | 5.688% (1 yr. CMT + 1.05%) | # | 5/14/2028 | 613,000 | 616,972 | |||||||
| Toronto-Dominion Bank (Canada)(e) | 3.625% (5 yr. USD Swap + 2.21%) | # | 9/15/2031 | 2,479,000 | 2,477,926 | |||||||
| Truist Financial Corp. | 4.957% (SOFR + 0.88%) | # | 7/23/2030 | 389,000 | 387,882 | |||||||
| UBS Group AG (Switzerland)†(e) | 5.428% (1 yr. CMT + 1.52%) | # | 2/8/2030 | 769,000 | 777,182 | |||||||
| UniCredit SpA (Italy)†(e) | 5.861% (5 yr. USD ICE Swap + 3.70%) | # | 6/19/2032 | 726,000 | 728,578 | |||||||
| Wells Fargo & Co. | 5.707% (SOFR + 1.07%) | # | 4/22/2028 | 1,025,000 | 1,032,210 | |||||||
| Westpac Banking Corp. (Australia)(e) | 4.322% (5 yr. USD SOFR ICE Swap + 2.24%) | # | 11/23/2031 | 1,073,000 | 1,072,208 | |||||||
| Total | 54,211,525 | |||||||||||
| Beverages 0.21% | ||||||||||||
| Bacardi Ltd./Bacardi-Martini BV† | 5.25% | 1/15/2029 | 1,208,000 | 1,212,113 | ||||||||
| Bacardi-Martini BV (Netherlands)†(e) | 5.55% | 2/1/2030 | 692,000 | 698,590 | ||||||||
| Total | 1,910,703 | |||||||||||
| 170 | See Notes to Schedule of Investments. |
Schedule of Investments (unaudited)(continued)
INFLATION FOCUSED FUND August 31, 2026
| Investments | Interest Rate | Maturity Date | Principal Amount | Fair Value | ||||||||
| Biotechnology 0.13% | ||||||||||||
| Illumina, Inc. | 4.75% | 12/12/2030 | $ | 964,000 | $ | 948,356 | ||||||
| Vylor, Inc.† | 5.125% | 8/15/2031 | 266,000 | 265,300 | ||||||||
| Total | 1,213,656 | |||||||||||
| Building Materials 0.10% | ||||||||||||
| Griffon Corp. | 5.75% | 3/1/2028 | 853,000 | 854,414 | ||||||||
| Chemicals 0.46% | ||||||||||||
| Celanese U.S. Holdings LLC | 7.165% | 7/15/2027 | 467,000 | 474,792 | ||||||||
| Ma’aden Sukuk Ltd. (Cayman Islands)†(e) | 5.25% | 2/13/2030 | 416,000 | 415,681 | ||||||||
| Methanex Corp. (Canada)(e) | 5.125% | 10/15/2027 | 390,000 | 390,048 | ||||||||
| SNF Group SACA (France)†(e) | 3.375% | 3/15/2030 | 1,775,000 | 1,662,188 | ||||||||
| SNF Group SACA (France)†(e) | 5.626% | 3/31/2031 | 1,190,000 | 1,195,255 | ||||||||
| Total | 4,137,964 | |||||||||||
| Coal 0.05% | ||||||||||||
| Alliance Resource Operating Partners LP/Alliance Resource Finance Corp.† | 8.625% | 6/15/2029 | 428,000 | 445,841 | ||||||||
| Commercial Services 1.22% | ||||||||||||
| Allied Universal Holdco LLC/Allied Universal Finance Corp.† | 6.00% | 6/1/2029 | 802,000 | 801,198 | ||||||||
| Ashtead Capital, Inc.† | 4.25% | 11/1/2029 | 200,000 | 194,677 | ||||||||
| Avis Budget Car Rental LLC/Avis Budget Finance, Inc.† | 5.75% | 7/15/2027 | 269,000 | 269,680 | ||||||||
| Avis Budget Car Rental LLC/Avis Budget Finance, Inc.† | 5.75% | 7/15/2027 | 258,000 | 258,799 | ||||||||
| EquipmentShare.com, Inc.† | 9.00% | 5/15/2028 | 748,000 | 764,651 | ||||||||
| GEO Group, Inc. | 8.625% | 4/15/2029 | 950,000 | 988,400 | ||||||||
| Global Payments, Inc. | 4.50% | 11/15/2028 | 1,835,000 | 1,809,913 | ||||||||
| Mobility Global, Inc.† | 5.05% | 6/15/2029 | 560,000 | 556,933 | ||||||||
| Mobility Global, Inc.† | 5.45% | 6/15/2031 | 930,000 | 926,508 | ||||||||
| Quanta Services, Inc. | 2.90% | 10/1/2030 | 2,425,000 | 2,225,951 | ||||||||
| Quanta Services, Inc. | 4.50% | 1/15/2031 | 194,000 | 188,917 | ||||||||
| Rentokil Terminix Funding LLC† | 5.00% | 4/28/2030 | 916,000 | 909,805 | ||||||||
| Sunbelt Rentals Holdings, Inc.† | 4.95% | 8/12/2030 | 235,000 | 232,765 | ||||||||
| Triton Container International Ltd.† | 3.15% | 6/15/2031 | 1,000,000 | 893,682 | ||||||||
| Total | 11,021,879 | |||||||||||
| Computers 0.02% | ||||||||||||
| Seagate Data Storage Technology Pte. Ltd. (Singapore)(e) | 9.625% | 12/1/2032 | 166,000 | 182,823 | ||||||||
| See Notes to Schedule of Investments. | 171 |
Schedule of Investments (unaudited)(continued)
INFLATION FOCUSED FUND August 31, 2026
| Investments | Interest Rate | Maturity Date | Principal Amount | Fair Value | ||||||||
| Diversified Financial Services 4.03% | ||||||||||||
| Aercap Funding DAC (Ireland)(e) | 4.875% | 7/7/2031 | $ | 526,000 | $ | 516,476 | ||||||
| Aircastle Ltd./Aircastle Ireland DAC† | 5.00% | 9/15/2030 | 1,839,000 | 1,815,768 | ||||||||
| Aircastle Ltd./Aircastle Ireland DAC† | 5.00% | 5/15/2031 | 370,000 | 363,918 | ||||||||
| Aircastle Ltd./Aircastle Ireland DAC† | 5.25% | 3/15/2030 | 466,000 | 465,113 | ||||||||
| Aretec Group, Inc.† | 7.50% | 4/1/2029 | 830,000 | 830,430 | ||||||||
| Atlas Warehouse Lending Co. LP† | 4.625% | 11/15/2028 | 2,382,000 | 2,349,347 | ||||||||
| Atlas Warehouse Lending Co. LP† | 6.05% | 1/15/2028 | 464,000 | 469,089 | ||||||||
| Aviation Capital Group LLC† | 4.25% | 4/30/2029 | 253,000 | 248,036 | ||||||||
| Aviation Capital Group LLC† | 5.375% | 7/15/2029 | 1,641,000 | 1,651,583 | ||||||||
| Avilease Capital Ltd. (Cayman Islands)†(e) | 4.75% | 11/12/2030 | 861,000 | 836,210 | ||||||||
| Avilease Capital Ltd. (Cayman Islands)†(e) | 5.50% | 6/30/2031 | 317,000 | 315,528 | ||||||||
| Avolon Holdings Funding Ltd. (Ireland)†(e) | 4.95% | 1/15/2028 | 562,000 | 562,958 | ||||||||
| Avolon Holdings Funding Ltd. (Ireland)†(e) | 5.375% | 5/30/2030 | 1,736,000 | 1,740,283 | ||||||||
| Avolon Holdings Funding Ltd. (Ireland)†(e) | 5.75% | 3/1/2029 | 1,074,000 | 1,088,930 | ||||||||
| Avolon Holdings Funding Ltd. (Ireland)†(e) | 5.75% | 11/15/2029 | 1,880,000 | 1,907,876 | ||||||||
| Avolon Holdings Funding Ltd. (Ireland)†(e) | 6.375% | 5/4/2028 | 3,000,000 | 3,065,442 | ||||||||
| Azorra Finance Ltd. (Cayman Islands)†(e) | 7.75% | 4/15/2030 | 800,000 | 831,021 | ||||||||
| Citadel Securities Global Holdings LLC† | 5.50% | 6/18/2030 | 1,509,000 | 1,513,372 | ||||||||
| Equitable America Global Funding† | 3.95% | 9/15/2027 | 791,000 | 786,275 | ||||||||
| Freedom Mortgage Holdings LLC† | 9.25% | 2/1/2029 | 138,000 | 142,755 | ||||||||
| GGAM Finance Ltd. (Ireland)†(e) | 8.00% | 6/15/2028 | 825,000 | 854,368 | ||||||||
| Intercontinental Exchange, Inc. | 4.90% | 9/1/2031 | 555,000 | 552,560 | ||||||||
| LPL Holdings, Inc.† | 4.00% | 3/15/2029 | 1,478,000 | 1,434,413 | ||||||||
| LPL Holdings, Inc. | 5.20% | 3/15/2030 | 61,000 | 60,894 | ||||||||
| LPL Holdings, Inc. | 5.70% | 5/20/2027 | 334,000 | 336,487 | ||||||||
| Macquarie Airfinance Holdings Ltd. (United Kingdom)†(e) | 5.15% | 3/17/2030 | 1,034,000 | 1,024,832 | ||||||||
| Macquarie Airfinance Holdings Ltd. (United Kingdom)†(e) | 6.40% | 3/26/2029 | 1,197,000 | 1,229,428 | ||||||||
| Macquarie Airfinance Holdings Ltd. (United Kingdom)†(e) | 6.50% | 3/26/2031 | 325,000 | 336,812 | ||||||||
| Midcap Financial Issuer Trust† | 6.50% | 5/1/2028 | 750,000 | 752,066 | ||||||||
| Navient Corp. | 5.00% | 3/15/2027 | 165,000 | 164,662 | ||||||||
| OneMain Finance Corp. | 6.625% | 1/15/2028 | 732,000 | 739,407 | ||||||||
| Rocket Cos., Inc.† | 6.125% | 8/1/2030 | 1,389,000 | 1,408,254 | ||||||||
| Rocket Cos., Inc.† | 6.50% | 8/1/2029 | 1,480,000 | 1,505,225 | ||||||||
| Stellantis Financial Services U.S. Corp.† | 4.95% | 9/15/2028 | 569,000 | 564,250 | ||||||||
| Sumisho Air Lease Corp.† | 4.85% | 3/24/2031 | 1,717,000 | 1,680,863 | ||||||||
| Sumisho Air Lease Corp. | 5.10% | 3/1/2029 | 321,000 | 321,649 | ||||||||
| 172 | See Notes to Schedule of Investments. |
Schedule of Investments (unaudited)(continued)
INFLATION FOCUSED FUND August 31, 2026
| Investments | Interest Rate | Maturity Date | Principal Amount | Fair Value | ||||||||
| Diversified Financial Services (continued) | ||||||||||||
| Synchrony Financial | 5.019%
(SOFR + 1.40%) | # | 7/29/2029 | $ | 417,000 | $ | 415,891 | |||||
| United Wholesale Mortgage LLC† | 5.75% | 6/15/2027 | 1,516,000 | 1,515,426 | ||||||||
| Total | 36,397,897 | |||||||||||
| Electric 3.98% | ||||||||||||
| AES Corp.† | 3.95% | 7/15/2030 | 927,000 | 881,601 | ||||||||
| AES Corp. | 5.20% | 7/15/2029 | 2,045,000 | 2,046,126 | ||||||||
| Alexander Funding Trust II† | 7.467% | 7/31/2028 | 1,185,000 | 1,231,785 | ||||||||
| Capital Power U.S. Holdings, Inc.† | 5.257% | 6/1/2028 | 2,174,000 | 2,177,958 | ||||||||
| Chpe LLC† | 4.875% | 6/30/2031 | 2,580,000 | 2,543,745 | ||||||||
| Cleveland Electric Illuminating Co.† | 5.00% | 2/15/2030 | 240,000 | 239,782 | ||||||||
| Comision Federal de Electricidad (Mexico)(e) | 5.70% | 1/24/2030 | 800,000 | 801,829 | ||||||||
| Constellation Energy Generation LLC | 4.625% | 2/1/2029 | 1,069,000 | 1,058,071 | ||||||||
| Constellation Energy Generation LLC | 5.00% | 2/1/2031 | 1,681,000 | 1,665,781 | ||||||||
| Enel Americas SA (Chile)(e) | 4.00% | 10/25/2026 | 800,000 | 798,828 | ||||||||
| ENEL Finance International NV (Netherlands)†(e) | 4.375% | 9/30/2030 | 910,000 | 885,443 | ||||||||
| ENEL Finance International NV (Netherlands)†(e) | 4.625% | 7/13/2029 | 773,000 | 765,762 | ||||||||
| ENEL Finance International NV (Netherlands)†(e) | 5.125% | 6/26/2029 | 858,000 | 863,608 | ||||||||
| Interstate Power & Light Co. | 5.10% | 9/30/2031 | 396,000 | 394,758 | ||||||||
| ITC Holdings Corp.† | 4.875% | 4/15/2031 | 1,611,000 | 1,589,684 | ||||||||
| Liberty Utilities Co.† | 5.10% | 5/15/2031 | 1,930,000 | 1,904,599 | ||||||||
| Liberty Utilities Co.† | 5.577% | 1/31/2029 | 678,000 | 686,423 | ||||||||
| Niagara Mohawk Power Corp.† | 4.647% | 10/3/2030 | 495,000 | 486,263 | ||||||||
| NRG Energy, Inc.† | 4.734% | 10/15/2030 | 1,889,000 | 1,843,909 | ||||||||
| NRG Energy, Inc.† | 4.955% | 4/30/2031 | 229,000 | 222,839 | ||||||||
| NRG Energy, Inc. | 5.75% | 1/15/2028 | 175,000 | 175,082 | ||||||||
| NRG Energy, Inc.† | 5.75% | 7/15/2029 | 365,000 | 364,573 | ||||||||
| Pacific Gas & Electric Co. | 5.00% | 6/4/2028 | 466,000 | 467,424 | ||||||||
| PG&E Corp. | 5.00% | 7/1/2028 | 800,000 | 788,460 | ||||||||
| PG&E Corp. | 5.25% | 7/1/2030 | 302,000 | 294,055 | ||||||||
| PSEG Power LLC† | 5.20% | 5/15/2030 | 426,000 | 426,652 | ||||||||
| Vistra Operations Co. LLC† | 3.70% | 1/30/2027 | 259,000 | 258,057 | ||||||||
| Vistra Operations Co. LLC† | 4.30% | 10/15/2028 | 587,000 | 578,056 | ||||||||
| Vistra Operations Co. LLC† | 4.375% | 5/1/2029 | 1,397,000 | 1,366,920 | ||||||||
| Vistra Operations Co. LLC† | 4.55% | 10/30/2028 | 346,000 | 342,289 | ||||||||
| Vistra Operations Co. LLC† | 4.70% | 1/31/2031 | 801,000 | 777,691 | ||||||||
| Vistra Operations Co. LLC† | 5.00% | 4/30/2031 | 768,000 | 753,408 | ||||||||
| Vistra Operations Co. LLC† | 6.875% | 4/15/2032 | 2,582,000 | 2,665,998 | ||||||||
| Vistra Operations Co. LLC† | 7.75% | 10/15/2031 | 3,402,000 | 3,544,656 | ||||||||
| Total | 35,892,115 | |||||||||||
| See Notes to Schedule of Investments. | 173 |
Schedule of Investments (unaudited)(continued)
INFLATION FOCUSED FUND August 31, 2026
| Investments | Interest Rate | Maturity Date | Principal Amount | Fair Value | ||||||||
| Electronics 0.09% | ||||||||||||
| TD SYNNEX Corp. | 4.30% | 1/17/2029 | $ | 499,000 | $ | 490,298 | ||||||
| Vontier Corp. | 2.95% | 4/1/2031 | 304,000 | 275,059 | ||||||||
| Total | 765,357 | |||||||||||
| Engineering & Construction 0.31% | ||||||||||||
| Delhi International Airport Ltd. (India)(e) | 6.125% | 10/31/2026 | 540,000 | 540,943 | ||||||||
| Jacobs Solutions, Inc. | 4.75% | 3/3/2031 | 1,050,000 | 1,025,627 | ||||||||
| MasTec, Inc.† | 4.50% | 8/15/2028 | 1,275,000 | 1,260,171 | ||||||||
| Total | 2,826,741 | |||||||||||
| Entertainment 0.53% | ||||||||||||
| Churchill Downs, Inc.† | 4.75% | 1/15/2028 | 840,000 | 834,612 | ||||||||
| Flutter Treasury DAC (Ireland)†(e) | 5.875% | 6/4/2031 | 1,570,000 | 1,543,918 | ||||||||
| Flutter Treasury DAC (Ireland)†(e) | 6.375% | 4/29/2029 | 1,161,000 | 1,175,948 | ||||||||
| Penn Entertainment, Inc.† | 5.625% | 1/15/2027 | 1,250,000 | 1,255,661 | ||||||||
| Total | 4,810,139 | |||||||||||
| Environmental Control 0.15% | ||||||||||||
| Madison IAQ LLC† | 4.125% | 6/30/2028 | 1,387,000 | 1,367,928 | ||||||||
| Food 0.26% | ||||||||||||
| Albertsons Cos., Inc./Safeway, Inc./New Albertsons LP/Albertsons LLC† | 6.50% | 2/15/2028 | 976,000 | 983,206 | ||||||||
| Conagra Brands, Inc. | 7.00% | 10/1/2028 | 173,000 | 179,593 | ||||||||
| Pilgrim’s Pride Corp. | 4.25% | 4/15/2031 | 1,197,000 | 1,139,698 | ||||||||
| Total | 2,302,497 | |||||||||||
| Forest Products & Paper 0.06% | ||||||||||||
| Inversiones CMPC SA (Chile)(e) | 3.85% | 1/13/2030 | 610,000 | 565,536 | ||||||||
| Gas 0.25% | ||||||||||||
| National Fuel Gas Co. | 4.75% | 5/15/2029 | 330,000 | 327,387 | ||||||||
| National Fuel Gas Co. | 5.05% | 10/15/2031 | 962,000 | 946,460 | ||||||||
| National Fuel Gas Co. | 5.50% | 3/15/2030 | 578,000 | 583,340 | ||||||||
| Snam SpA (Italy)†(e) | 5.00% | 5/28/2030 | 427,000 | 425,281 | ||||||||
| Total | 2,282,468 | |||||||||||
| Health Care-Products 1.21% | ||||||||||||
| 180 Medical, Inc.† | 3.875% | 10/15/2029 | 2,454,000 | 2,372,940 | ||||||||
| Baxter International, Inc. | 2.272% | 12/1/2028 | 426,000 | 401,626 | ||||||||
| Baxter International, Inc. | 2.539% | 2/1/2032 | 1,048,000 | 900,960 | ||||||||
| Baxter International, Inc. | 4.45% | 2/15/2029 | 203,000 | 200,314 | ||||||||
| Baxter International, Inc. | 4.90% | 12/15/2030 | 1,167,000 | 1,146,509 | ||||||||
| Dentsply Sirona, Inc. | 3.25% | 6/1/2030 | 2,470,000 | 2,284,341 | ||||||||
| 174 | See Notes to Schedule of Investments. |
Schedule of Investments (unaudited)(continued)
INFLATION FOCUSED FUND August 31, 2026
| Investments | Interest Rate | Maturity Date | Principal Amount | Fair Value | ||||||||
| Health Care-Products (continued) | ||||||||||||
| Medline Borrower LP† | 3.875% | 4/1/2029 | $ | 1,665,000 | $ | 1,613,292 | ||||||
| Medline Borrower LP/Medline Co-Issuer, Inc.† | 5.00% | 6/15/2031 | 689,000 | 679,085 | ||||||||
| Medline Borrower LP/Medline Co-Issuer, Inc.† | 6.25% | 4/1/2029 | 1,275,000 | 1,296,955 | ||||||||
| Total | 10,896,022 | |||||||||||
| Health Care-Services 1.75% | ||||||||||||
| Adventist Health System | 4.742% | 12/1/2030 | 1,934,000 | 1,898,016 | ||||||||
| Centene Corp. | 2.45% | 7/15/2028 | 1,030,000 | 981,703 | ||||||||
| Centene Corp. | 3.00% | 10/15/2030 | 837,000 | 755,375 | ||||||||
| Centene Corp. | 4.25% | 12/15/2027 | 1,168,000 | 1,161,848 | ||||||||
| CommonSpirit Health | 4.352% | 9/1/2030 | 795,000 | 771,215 | ||||||||
| Fresenius Medical Care U.S. Finance III, Inc.† | 1.875% | 12/1/2026 | 173,000 | 171,723 | ||||||||
| Fresenius Medical Care U.S. Finance III, Inc.† | 2.375% | 2/16/2031 | 448,000 | 394,396 | ||||||||
| Fresenius Medical Care U.S. Finance III, Inc.† | 3.00% | 12/1/2031 | 1,000,000 | 886,444 | ||||||||
| Fresenius Medical Care U.S. Finance III, Inc.† | 3.75% | 6/15/2029 | 490,000 | 473,104 | ||||||||
| Icon Investments Six DAC (Ireland)†(e) | 5.064% | 8/13/2029 | 309,000 | 308,446 | ||||||||
| Icon Investments Six DAC (Ireland)†(e) | 5.421% | 8/13/2031 | 794,000 | 790,216 | ||||||||
| Icon Investments Six DAC (Ireland)(e) | 5.849% | 5/8/2029 | 2,195,000 | 2,234,091 | ||||||||
| IQVIA, Inc.† | 5.00% | 5/15/2027 | 325,000 | 325,101 | ||||||||
| IQVIA, Inc. | 5.70% | 5/15/2028 | 200,000 | 202,458 | ||||||||
| IQVIA, Inc. | 6.25% | 2/1/2029 | 647,000 | 664,625 | ||||||||
| Rede D’or Finance SARL (Luxembourg)(e) | 4.95% | 1/17/2028 | 775,000 | 767,427 | ||||||||
| Tenet Healthcare Corp. | 6.125% | 10/1/2028 | 1,820,000 | 1,822,528 | ||||||||
| Universal Health Services, Inc. | 2.65% | 10/15/2030 | 240,000 | 215,576 | ||||||||
| Universal Health Services, Inc. | 4.625% | 10/15/2029 | 413,000 | 406,390 | ||||||||
| Universal Health Services, Inc. | 5.50% | 9/1/2031 | 595,000 | 594,992 | ||||||||
| Total | 15,825,674 | |||||||||||
| Home Builders 0.09% | ||||||||||||
| LGI Homes, Inc.† | 8.75% | 12/15/2028 | 800,000 | 823,955 | ||||||||
| Home Furnishings 0.10% | ||||||||||||
| Leggett & Platt, Inc. | 3.50% | 11/15/2027 | 900,000 | 883,300 | ||||||||
| Insurance 1.70% | ||||||||||||
| Aon Corp. | 8.205% | 1/1/2027 | 1,183,000 | 1,196,163 | ||||||||
| Athene Global Funding† | 1.985% | 8/19/2028 | 1,807,000 | 1,703,244 | ||||||||
| Brighthouse Financial Global Funding† | 5.55% | 4/9/2027 | 1,277,000 | 1,280,458 | ||||||||
| Brighthouse Financial Global Funding† | 5.65% | 6/10/2029 | 1,324,000 | 1,331,310 | ||||||||
| CNO Global Funding† | 4.375% | 9/8/2028 | 424,000 | 419,031 | ||||||||
| CNO Global Funding† | 4.70% | 12/11/2030 | 542,000 | 527,718 | ||||||||
| CNO Global Funding† | 4.875% | 12/10/2027 | 545,000 | 544,956 | ||||||||
| See Notes to Schedule of Investments. | 175 |
Schedule of Investments (unaudited)(continued)
INFLATION FOCUSED FUND August 31, 2026
| Investments | Interest Rate | Maturity Date | Principal Amount | Fair Value | ||||||||
| Insurance (continued) | ||||||||||||
| CNO Global Funding† | 4.95% | 9/9/2029 | $ | 301,000 | $ | 299,887 | ||||||
| Equitable Financial Life Global Funding† | 5.45% | 3/3/2028 | 1,989,000 | 2,006,229 | ||||||||
| F&G Annuities & Life, Inc. | 7.40% | 1/13/2028 | 1,120,000 | 1,145,858 | ||||||||
| F&G Global Funding† | 4.65% | 9/8/2028 | 462,000 | 456,151 | ||||||||
| F&G Global Funding† | 5.875% | 6/10/2027 | 472,000 | 476,037 | ||||||||
| Jackson National Life Global Funding† | 4.55% | 9/9/2030 | 723,000 | 703,839 | ||||||||
| Jackson National Life Global Funding† | 4.60% | 10/1/2029 | 449,000 | 442,335 | ||||||||
| Jackson National Life Global Funding† | 5.35% | 1/13/2030 | 269,000 | 269,332 | ||||||||
| MGIC Investment Corp. | 5.25% | 8/15/2028 | 750,000 | 748,431 | ||||||||
| Mutual of Omaha Cos Global Funding† | 4.546% | 1/13/2031 | 347,000 | 338,367 | ||||||||
| Mutual of Omaha Cos Global Funding† | 5.00% | 4/1/2030 | 420,000 | 419,190 | ||||||||
| NMI Holdings, Inc. | 6.00% | 8/15/2029 | 273,000 | 277,040 | ||||||||
| Protective Life Global Funding† | 5.763% | 7/5/2030 | 195,000 | 199,638 | ||||||||
| USI, Inc.† | 7.50% | 1/15/2032 | 567,000 | 591,875 | ||||||||
| Total | 15,377,089 | |||||||||||
| Internet 0.63% | ||||||||||||
| Rakuten Group, Inc. (Japan)†(e) | 11.25% | 2/15/2027 | 2,025,000 | 2,079,756 | ||||||||
| Uber Technologies, Inc.† | 4.50% | 8/15/2029 | 3,271,000 | 3,226,504 | ||||||||
| VeriSign, Inc. | 5.10% | 7/15/2031 | 399,000 | 395,838 | ||||||||
| Total | 5,702,098 | |||||||||||
| Investment Companies 0.28% | ||||||||||||
| Blackstone Private Credit Fund | 2.625% | 12/15/2026 | 1,097,000 | 1,090,163 | ||||||||
| Blackstone Secured Lending Fund | 2.125% | 2/15/2027 | 390,000 | 384,909 | ||||||||
| HAT Holdings I LLC/HAT Holdings II LLC† | 3.75% | 9/15/2030 | 1,100,000 | 1,022,306 | ||||||||
| Total | 2,497,378 | |||||||||||
| Leisure Time 0.80% | ||||||||||||
| Carnival Corp. Ltd.† | 4.00% | 8/1/2028 | 3,748,000 | 3,671,589 | ||||||||
| Carnival Corp. Ltd.† | 5.125% | 5/1/2029 | 1,196,000 | 1,190,512 | ||||||||
| Carnival Corp. Ltd.† | 5.75% | 3/15/2030 | 430,000 | 432,790 | ||||||||
| Carnival Corp. Ltd.† | 5.875% | 6/15/2031 | 219,000 | 219,883 | ||||||||
| Royal Caribbean Cruises Ltd.† | 5.375% | 7/15/2027 | 628,000 | 628,779 | ||||||||
| Royal Caribbean Cruises Ltd.† | 5.625% | 9/30/2031 | 1,115,000 | 1,116,958 | ||||||||
| Total | 7,260,511 | |||||||||||
| Lodging 0.20% | ||||||||||||
| Las Vegas Sands Corp. | 5.90% | 6/1/2027 | 86,000 | 86,700 | ||||||||
| Melco Resorts Finance Ltd. (Hong Kong)†(e) | 5.75% | 7/21/2028 | 840,000 | 837,069 | ||||||||
| Studio City Finance Ltd. | 6.50% | 1/15/2028 | 871,000 | 870,278 | ||||||||
| Total | 1,794,047 | |||||||||||
| 176 | See Notes to Schedule of Investments. |
Schedule of Investments (unaudited)(continued)
INFLATION FOCUSED FUND August 31, 2026
| Investments | Interest Rate | Maturity Date | Principal Amount | Fair Value | ||||||||
| Machinery: Construction & Mining 0.15% | ||||||||||||
| Vertiv Group Corp.† | 4.125% | 11/15/2028 | $ | 1,354,000 | $ | 1,342,427 | ||||||
| Machinery-Diversified 0.04% | ||||||||||||
| TK Elevator U.S. Newco, Inc.† | 5.25% | 7/15/2027 | 398,000 | 398,123 | ||||||||
| Media 1.21% | ||||||||||||
| CCO Holdings LLC/CCO Holdings Capital Corp.† | 5.125% | 5/1/2027 | 893,000 | 892,353 | ||||||||
| Comcast Corp. | 3.40% | 4/1/2030 | 279,000 | 263,653 | ||||||||
| Directv Financing LLC/Directv Financing Co-Obligor, Inc.† | 5.875% | 8/15/2027 | 450,000 | 449,018 | ||||||||
| Discovery Communications LLC | 3.95% | 3/20/2028 | 678,000 | 671,152 | ||||||||
| Discovery Global Holdings, Inc. | 3.755% | 3/15/2027 | 729,000 | 726,226 | ||||||||
| Discovery Global Holdings, Inc. | 4.054% | 3/15/2029 | 1,865,000 | 1,847,581 | ||||||||
| Paramount Global | 2.90% | 1/15/2027 | 508,000 | 503,853 | ||||||||
| Paramount Global | 3.375% | 2/15/2028 | 866,000 | 847,052 | ||||||||
| Paramount Global | 3.70% | 6/1/2028 | 232,000 | 226,057 | ||||||||
| Paramount Global | 4.20% | 6/1/2029 | 258,000 | 247,527 | ||||||||
| Space Exploration Technologies Corp.† | 5.35% | 7/15/2031 | 3,343,000 | 3,268,844 | ||||||||
| Telenet Finance Luxembourg Notes SARL (Luxembourg)†(e) | 5.50% | 3/1/2028 | 1,004,796 | 990,416 | ||||||||
| Total | 10,933,732 | |||||||||||
| Mining 0.52% | ||||||||||||
| Anglo American Capital PLC (United Kingdom)†(e) | 4.625% | 3/19/2031 | 647,000 | 631,351 | ||||||||
| Corp. Nacional del Cobre de Chile (Chile)(e) | 3.625% | 8/1/2027 | 800,000 | 791,895 | ||||||||
| First Quantum Minerals Ltd. (Canada)†(e) | 8.625% | 6/1/2031 | 665,000 | 692,545 | ||||||||
| Freeport-McMoRan, Inc. | 5.25% | 9/1/2029 | 587,000 | 588,972 | ||||||||
| Glencore Funding LLC† | 5.186% | 4/1/2030 | 1,007,000 | 1,008,389 | ||||||||
| Glencore Funding LLC† | 6.375% | 10/6/2030 | 897,000 | 936,035 | ||||||||
| Total | 4,649,187 | |||||||||||
| Miscellaneous Manufacturing 0.13% | ||||||||||||
| Trinity Industries, Inc.† | 7.75% | 7/15/2028 | 1,157,000 | 1,183,309 | ||||||||
| Oil & Gas 5.49% | ||||||||||||
| Aethon United BR LP/Aethon United Finance Corp.† | 7.50% | 10/1/2029 | 2,525,000 | 2,627,800 | ||||||||
| Antero Resources Corp.† | 5.375% | 3/1/2030 | 962,000 | 962,263 | ||||||||
| Ascent Resources Utica Holdings LLC/ARU Finance Corp.† | 5.875% | 6/30/2029 | 420,000 | 420,249 | ||||||||
| Chord Energy Corp.† | 6.00% | 10/1/2030 | 791,000 | 800,734 | ||||||||
| CITGO Petroleum Corp.† | 8.375% | 1/15/2029 | 2,930,000 | 3,011,522 | ||||||||
| Continental Resources, Inc.† | 2.268% | 11/15/2026 | 4,431,000 | 4,412,219 | ||||||||
| See Notes to Schedule of Investments. | 177 |
Schedule of Investments (unaudited)(continued)
INFLATION FOCUSED FUND August 31, 2026
| Investments | Interest Rate | Maturity Date | Principal Amount | Fair Value | ||||||||
| Oil & Gas (continued) | ||||||||||||
| Continental Resources, Inc. | 4.375% | 1/15/2028 | $ | 1,204,000 | $ | 1,195,274 | ||||||
| Continental Resources, Inc.† | 5.75% | 1/15/2031 | 2,510,000 | 2,542,817 | ||||||||
| Devon Energy Corp. | 5.875% | 6/15/2028 | 4,163,000 | 4,157,356 | ||||||||
| Ecopetrol SA (Colombia)(e) | 8.625% | 1/19/2029 | 2,117,000 | 2,246,562 | ||||||||
| EQT Corp. | 7.50% | 6/1/2030 | 327,000 | 349,790 | ||||||||
| Expand Energy Corp. | 5.375% | 2/1/2029 | 583,000 | 583,108 | ||||||||
| Expand Energy Corp. | 5.375% | 3/15/2030 | 1,090,000 | 1,094,153 | ||||||||
| Gulfport Energy Operating Corp.† | 6.75% | 9/1/2029 | 1,133,000 | 1,155,321 | ||||||||
| Helmerich & Payne, Inc. | 4.65% | 12/1/2027 | 599,000 | 597,899 | ||||||||
| HF Sinclair Corp. | 5.00% | 2/1/2028 | 1,500,000 | 1,497,455 | ||||||||
| Hilcorp Energy I LP/Hilcorp Finance Co.† | 5.75% | 2/1/2029 | 1,120,000 | 1,124,276 | ||||||||
| Hilcorp Energy I LP/Hilcorp Finance Co.† | 6.00% | 4/15/2030 | 270,000 | 269,888 | ||||||||
| Hilcorp Energy I LP/Hilcorp Finance Co.† | 6.25% | 11/1/2028 | 1,022,000 | 1,028,515 | ||||||||
| Medco Laurel Tree Pte. Ltd. (Singapore)(e) | 6.95% | 11/12/2028 | 848,000 | 850,650 | ||||||||
| Noble Finance II LLC† | 8.00% | 4/15/2030 | 860,000 | 889,696 | ||||||||
| Occidental Petroleum Corp. | 7.50% | 5/1/2031 | 195,000 | 213,313 | ||||||||
| Occidental Petroleum Corp. | 8.875% | 7/15/2030 | 1,181,000 | 1,316,246 | ||||||||
| OGX Austria GmbH (Brazil)†(e)(f) | 8.50% | 6/1/2018 | 225,000 | 5 | ||||||||
| Permian Resources Operating LLC† | 5.875% | 7/1/2029 | 1,676,000 | 1,678,724 | ||||||||
| Permian Resources Operating LLC† | 7.00% | 1/15/2032 | 2,107,000 | 2,177,829 | ||||||||
| Petrobras Global Finance BV (Netherlands)(e) | 5.125% | 9/10/2030 | 1,339,000 | 1,317,241 | ||||||||
| Petroleos Mexicanos (Mexico)(e) | 8.75% | 6/2/2029 | 574,247 | 615,759 | ||||||||
| SM Energy Co. | 6.50% | 7/15/2028 | 814,000 | 816,216 | ||||||||
| SM Energy Co. | 6.625% | 1/15/2027 | 390,000 | 390,878 | ||||||||
| SM Energy Co.† | 6.75% | 8/1/2029 | 1,174,000 | 1,201,233 | ||||||||
| SM Energy Co.† | 8.375% | 7/1/2028 | 1,523,000 | 1,559,174 | ||||||||
| SM Energy Co.† | 8.75% | 7/1/2031 | 975,000 | 1,020,474 | ||||||||
| Sunoco LP† | 5.875% | 7/15/2027 | 390,000 | 391,052 | ||||||||
| Sunoco LP† | 7.00% | 5/1/2029 | 884,000 | 907,515 | ||||||||
| Sunoco LP/Sunoco Finance Corp.† | 7.00% | 9/15/2028 | 850,000 | 867,826 | ||||||||
| Tengizchevroil Finance Co. International Ltd.† | 3.25% | 8/15/2030 | 400,000 | 372,506 | ||||||||
| TGNR Intermediate Holdings LLC† | 5.50% | 10/15/2029 | 1,250,000 | 1,238,157 | ||||||||
| Transocean Aquila Ltd.† | 8.00% | 9/30/2028 | 840,000 | 857,879 | ||||||||
| Viper Energy Partners LLC | 4.90% | 8/1/2030 | 497,000 | 492,022 | ||||||||
| Wildfire Intermediate Holdings LLC† | 7.50% | 10/15/2029 | 297,000 | 307,952 | ||||||||
| Total | 49,559,548 | |||||||||||
| Oil & Gas Services 0.13% | ||||||||||||
| Helix Energy Solutions Group, Inc.† | 9.75% | 3/1/2029 | 741,000 | 779,348 | ||||||||
| Weatherford International Ltd.† | 8.625% | 4/30/2030 | 390,000 | 394,911 | ||||||||
| Total | 1,174,259 | |||||||||||
| 178 | See Notes to Schedule of Investments. |
Schedule of Investments (unaudited)(continued)
INFLATION FOCUSED FUND August 31, 2026
| Investments | Interest Rate | Maturity Date | Principal Amount | Fair Value | ||||||||
| Packaging & Containers 0.04% | ||||||||||||
| Mauser Packaging Solutions Holding Co.† | 7.875% | 4/15/2027 | $ | 333,000 | $ | 333,832 | ||||||
| Pharmaceuticals 0.76% | ||||||||||||
| Bayer U.S. Finance II LLC† | 4.375% | 12/15/2028 | 504,000 | 497,434 | ||||||||
| Bayer U.S. Finance LLC† | 6.375% | 11/21/2030 | 3,600,000 | 3,748,572 | ||||||||
| Organon & Co./Organon Foreign Debt Co-Issuer BV† | 4.125% | 4/30/2028 | 1,210,000 | 1,198,426 | ||||||||
| Teva Pharmaceutical Finance Netherlands III BV (Netherlands)(e) | 3.15% | 10/1/2026 | 1,441,000 | 1,439,063 | ||||||||
| Total | 6,883,495 | |||||||||||
| Pipelines 2.93% | ||||||||||||
| Antero Midstream Partners LP/Antero Midstream Finance Corp.† | 5.375% | 6/15/2029 | 1,400,000 | 1,402,926 | ||||||||
| Buckeye Partners LP | 3.95% | 12/1/2026 | 1,136,000 | 1,132,872 | ||||||||
| Buckeye Partners LP† | 6.875% | 7/1/2029 | 380,000 | 389,561 | ||||||||
| Cheniere Energy Partners LP | 4.00% | 3/1/2031 | 330,000 | 314,915 | ||||||||
| Colonial Enterprises, Inc.† | 3.25% | 5/15/2030 | 2,100,000 | 1,953,325 | ||||||||
| Delek Logistics Partners LP/Delek Logistics Finance Corp.† | 8.625% | 3/15/2029 | 966,000 | 1,001,669 | ||||||||
| DT Midstream, Inc.† | 4.125% | 6/15/2029 | 1,892,000 | 1,848,468 | ||||||||
| Energy Transfer LP† | 6.00% | 2/1/2029 | 2,946,000 | 2,961,419 | ||||||||
| Genesis Energy LP/Genesis Energy Finance Corp. | 8.25% | 1/15/2029 | 1,495,000 | 1,540,463 | ||||||||
| Genesis Energy LP/Genesis Energy Finance Corp. | 8.875% | 4/15/2030 | 360,000 | 376,261 | ||||||||
| Hess Midstream Operations LP† | 5.125% | 6/15/2028 | 240,000 | 239,522 | ||||||||
| Hess Midstream Operations LP† | 5.875% | 3/1/2028 | 662,000 | 669,549 | ||||||||
| Kinetik Holdings LP† | 6.625% | 12/15/2028 | 1,560,000 | 1,588,735 | ||||||||
| NGL Energy Operating LLC/NGL Energy Finance Corp.† | 8.125% | 2/15/2029 | 114,000 | 117,638 | ||||||||
| NGPL PipeCo LLC† | 3.25% | 7/15/2031 | 413,000 | 376,189 | ||||||||
| South Bow USA Infrastructure Holdings LLC | 4.911% | 9/1/2027 | 756,000 | 756,981 | ||||||||
| South Bow USA Infrastructure Holdings LLC | 5.026% | 10/1/2029 | 916,000 | 911,813 | ||||||||
| Tallgrass Energy Partners LP/Tallgrass Energy Finance Corp.† | 5.50% | 1/15/2028 | 1,500,000 | 1,500,594 | ||||||||
| Targa Resources Partners LP/Targa Resources Partners Finance Corp. | 4.875% | 2/1/2031 | 865,000 | 853,826 | ||||||||
| Targa Resources Partners LP/Targa Resources Partners Finance Corp. | 5.50% | 3/1/2030 | 2,079,000 | 2,091,359 | ||||||||
| Western Midstream Operating LP | 6.35% | 1/15/2029 | 1,688,000 | 1,739,397 | ||||||||
| Western Midstream Operating LP† | 7.25% | 4/1/2030 | 1,875,000 | 1,960,926 | ||||||||
| Whistler Pipeline LLC† | 5.40% | 9/30/2029 | 690,000 | 696,341 | ||||||||
| Total | 26,424,749 | |||||||||||
| See Notes to Schedule of Investments. | 179 |
Schedule of Investments (unaudited)(continued)
INFLATION FOCUSED FUND August 31, 2026
| Investments | Interest Rate | Maturity Date | Principal Amount | Fair Value | ||||||||
| REITS 2.04% | ||||||||||||
| EPR Properties | 3.75% | 8/15/2029 | $ | 323,000 | $ | 310,387 | ||||||
| EPR Properties | 4.75% | 12/15/2026 | 3,360,000 | 3,360,117 | ||||||||
| Equinix Europe 2 Financing Corp. LLC | 4.60% | 11/15/2030 | 557,000 | 543,106 | ||||||||
| Iron Mountain, Inc.† | 4.875% | 9/15/2027 | 858,000 | 856,023 | ||||||||
| Iron Mountain, Inc.† | 5.25% | 3/15/2028 | 362,000 | 361,191 | ||||||||
| Ladder Capital Finance Holdings LLLP/Ladder Capital Finance Corp.† | 4.25% | 2/1/2027 | 544,000 | 543,198 | ||||||||
| Ladder Capital Finance Holdings LLLP/Ladder Capital Finance Corp.† | 4.75% | 6/15/2029 | 2,704,000 | 2,635,712 | ||||||||
| Ladder Capital Finance Holdings LLLP/Ladder Capital Finance Corp.† | 7.00% | 7/15/2031 | 456,000 | 471,352 | ||||||||
| Park Intermediate Holdings LLC/PK Domestic Property LLC/PK Finance Co-Issuer† | 5.875% | 10/1/2028 | 300,000 | 300,429 | ||||||||
| Prologis Targeted U.S. Logistics Fund LP† | 4.25% | 1/15/2031 | 866,000 | 835,444 | ||||||||
| SBA Communications Corp. | 4.875% | 1/15/2030 | 588,000 | 583,150 | ||||||||
| SBA Communications Corp. | 5.15% | 7/15/2031 | 780,000 | 774,238 | ||||||||
| VICI Properties LP/VICI Note Co., Inc.† | 3.75% | 2/15/2027 | 2,599,000 | 2,588,391 | ||||||||
| VICI Properties LP/VICI Note Co., Inc.† | 3.875% | 2/15/2029 | 2,638,000 | 2,556,740 | ||||||||
| VICI Properties LP/VICI Note Co., Inc.† | 4.625% | 12/1/2029 | 840,000 | 820,612 | ||||||||
| WEA Finance LLC† | 2.875% | 1/15/2027 | 592,000 | 588,335 | ||||||||
| WEA Finance LLC† | 3.50% | 6/15/2029 | 312,000 | 299,840 | ||||||||
| Total | 18,428,265 | |||||||||||
| Retail 0.12% | ||||||||||||
| 7-Eleven, Inc.† | 1.80% | 2/10/2031 | 670,000 | 580,510 | ||||||||
| Dick’s Sporting Goods, Inc. | 4.00% | 10/1/2029 | 539,000 | 523,136 | ||||||||
| Total | 1,103,646 | |||||||||||
| Semiconductors 1.16% | ||||||||||||
| Entegris, Inc.† | 4.75% | 4/15/2029 | 1,315,000 | 1,296,094 | ||||||||
| Foundry JV Holdco LLC† | 5.50% | 1/25/2031 | 1,158,000 | 1,168,416 | ||||||||
| Foundry JV Holdco LLC† | 5.90% | 1/25/2030 | 3,352,000 | 3,426,597 | ||||||||
| Foundry JV Holdco LLC† | 6.15% | 1/25/2032 | 771,000 | 795,077 | ||||||||
| Intel Corp. | 2.45% | 11/15/2029 | 377,000 | 348,663 | ||||||||
| Intel Corp. | 4.65% | 6/1/2031 | 1,145,000 | 1,117,300 | ||||||||
| Kioxia Holdings Corp. (Japan)†(e) | 6.25% | 7/24/2030 | 386,000 | 394,811 | ||||||||
| Microchip Technology, Inc. | 5.05% | 3/15/2029 | 567,000 | 568,842 | ||||||||
| Microchip Technology, Inc. | 5.05% | 2/15/2030 | 498,000 | 495,618 | ||||||||
| Skyworks Solutions, Inc. | 5.00% | 8/10/2028 | 867,000 | 866,798 | ||||||||
| Total | 10,478,216 | |||||||||||
| 180 | See Notes to Schedule of Investments. |
Schedule of Investments (unaudited)(continued)
INFLATION FOCUSED FUND August 31, 2026
| Investments | Interest Rate | Maturity Date | Principal Amount | Fair Value | ||||||||
| Software 1.14% | ||||||||||||
| MSCI, Inc.† | 3.625% | 9/1/2030 | $ | 356,000 | $ | 333,844 | ||||||
| MSCI, Inc.† | 4.00% | 11/15/2029 | 883,000 | 851,334 | ||||||||
| Oracle Corp. | 2.95% | 4/1/2030 | 664,000 | 601,742 | ||||||||
| Oracle Corp. | 4.45% | 9/26/2030 | 2,748,000 | 2,602,119 | ||||||||
| Oracle Corp. | 4.55% | 2/4/2029 | 2,692,000 | 2,631,593 | ||||||||
| Oracle Corp. | 4.95% | 2/4/2031 | 1,410,000 | 1,351,640 | ||||||||
| ROBLOX Corp.† | 3.875% | 5/1/2030 | 767,000 | 722,523 | ||||||||
| SS&C Technologies, Inc.† | 5.50% | 9/30/2027 | 1,175,000 | 1,176,058 | ||||||||
| Total | 10,270,853 | |||||||||||
| Telecommunications 0.52% | ||||||||||||
| AT&T Mobility LLC | 7.125% | 12/15/2031 | 1,475,000 | 1,566,123 | ||||||||
| Big Sky Funding LLC† | 5.75% | 10/20/2035 | 463,000 | 455,650 | ||||||||
| NTT Finance Corp. (Japan)†(e) | 4.828% | 11/1/2029 | 775,000 | 770,589 | ||||||||
| Telefonica Europe BV (Netherlands)(e) | 8.25% | 9/15/2030 | 514,000 | 569,930 | ||||||||
| Viasat, Inc.† | 5.625% | 4/15/2027 | 1,304,000 | 1,305,629 | ||||||||
| Total | 4,667,921 | |||||||||||
| Toys/Games/Hobbies 0.26% | ||||||||||||
| Hasbro, Inc. | 3.90% | 11/19/2029 | 535,000 | 517,463 | ||||||||
| Mattel, Inc.† | 3.75% | 4/1/2029 | 179,000 | 172,384 | ||||||||
| Mattel, Inc. | 5.00% | 11/17/2030 | 1,041,000 | 1,029,294 | ||||||||
| Mattel, Inc.† | 5.875% | 12/15/2027 | 609,000 | 609,044 | ||||||||
| Total | 2,328,185 | |||||||||||
| Transportation 0.63% | ||||||||||||
| GXO Logistics, Inc. | 2.65% | 7/15/2031 | 196,000 | 173,223 | ||||||||
| GXO Logistics, Inc. | 6.25% | 5/6/2029 | 1,116,000 | 1,146,340 | ||||||||
| Kazakhstan Temir Zholy National Co. JSC (Kazakhstan)†(e) | 4.875% | 4/29/2031 | 478,000 | 466,659 | ||||||||
| Pacific National Finance Pty. Ltd. (Australia)(e) | 4.75% | 3/22/2028 | 1,400,000 | 1,383,631 | ||||||||
| Rumo Luxembourg SARL (Luxembourg)(e) | 5.25% | 1/10/2028 | 400,000 | 394,246 | ||||||||
| XPO, Inc.† | 6.25% | 6/1/2028 | 2,136,000 | 2,155,508 | ||||||||
| Total | 5,719,607 | |||||||||||
| Trucking & Leasing 0.32% | ||||||||||||
| Avolon Holdings Funding Ltd. (Ireland)†(e) | 4.90% | 10/10/2030 | 290,000 | 284,967 | ||||||||
| FTAI Aviation Investors LLC† | 5.50% | 5/1/2028 | 2,190,000 | 2,186,199 | ||||||||
| SMBC Aviation Capital Finance DAC (Ireland)†(e) | 4.95% | 7/23/2029 | 399,000 | 397,816 | ||||||||
| Total | 2,868,982 | |||||||||||
| See Notes to Schedule of Investments. | 181 |
Schedule of Investments (unaudited)(continued)
INFLATION FOCUSED FUND August 31, 2026
| Investments | Interest Rate | Maturity Date | Principal Amount | Fair Value | ||||||||
| Water 0.13% | ||||||||||||
| Nova Securitisation SARL (Luxembourg)†(e) | 5.75% | 2/3/2031 | $ | 1,220,000 | $ | 1,171,853 | ||||||
| Total Corporate Bonds (cost $408,351,715) | 406,514,235 | |||||||||||
| FLOATING RATE LOANS(g) 2.88% | ||||||||||||
| Aerospace & Defense 0.17% | ||||||||||||
| TransDigm, Inc. 2025 Term Loan K | 5.936% (1 mo. USD Term SOFR + 2.25%) | 3/22/2030 | 1,496,231 | 1,501,318 | ||||||||
| Airlines 0.05% | ||||||||||||
| American Airlines, Inc. 2025 Term Loan | 5.979% (3 mo. USD Term SOFR + 2.25%) | 4/20/2028 | 430,849 | 431,417 | ||||||||
| Biotechnology 0.17% | ||||||||||||
| RPI Intermediate Finance Partnership LP 2025 Term Loan | 5.161% (1 mo. USD Term SOFR + 1.38%) | 2/4/2030 | 1,558,606 | 1,552,761 | ||||||||
| Chemicals 0.03% | ||||||||||||
| Element Solutions, Inc. 2026 Term Loan B | 5.436% (1 mo. USD Term SOFR + 1.75%) | 12/18/2030 | 231,602 | 232,264 | ||||||||
| Commercial Services 0.22% | ||||||||||||
| Mavis Tire Express Services Corp. 2025 Repriced Term Loan | 6.669% (6 mo. USD Term SOFR + 3.00%) | 5/4/2028 | 1,941,068 | 1,942,358 | ||||||||
| Diversified Financial Services 0.16% | ||||||||||||
| Avolon TLB Borrower 1 U.S. LLC 2023 Term Loan B6 | 5.403% (1 mo. USD Term SOFR + 1.75%) | 6/24/2030 | 1,481,203 | 1,486,617 | ||||||||
| Electronics 0.19% | ||||||||||||
| Amphenol Corp. 3 Year Delayed Draw Term Loan | 4.517% (1 mo. USD Term SOFR + 0.88%) | 8/22/2028 | 1,432,000 | 1,427,525 | ||||||||
| Honeywell International, Inc. Term Loan A1 | 4.561% (1 mo. USD Term SOFR + 0.88%) | 5/7/2027 | 312,500 | 312,500 | ||||||||
| Total | 1,740,025 | |||||||||||
| Leisure Time 0.10% | ||||||||||||
| GBT U.S. III LLC 2026 Term Loan B | 5.81% (3 mo. USD Term SOFR + 2.00%) | 7/25/2031 | 897,721 | 897,722 | ||||||||
| 182 | See Notes to Schedule of Investments. |
Schedule of Investments (unaudited)(continued)
INFLATION FOCUSED FUND August 31, 2026
| Investments | Interest Rate | Maturity Date | Principal Amount | Fair Value | ||||||||
| Machinery: Diversified 0.15% | ||||||||||||
| TK Elevator Midco GmbH 2026 USD Term Loan B (Germany)(e) | 6.704% (6 mo. USD Term SOFR + 2.75%) | 4/30/2030 | $ | 1,346,625 | $ | 1,355,149 | ||||||
| Media 0.43% | ||||||||||||
| Charter Communications Operating LLC 2023 Term Loan B4 | 5.725% (3 mo. USD Term SOFR + 2.00%) | 12/7/2030 | 2,380,125 | 2,358,680 | ||||||||
| Charter Communications Operating LLC 2024 Term Loan B5 | 5.975% (3 mo. USD Term SOFR + 2.25%) | 12/15/2031 | 1,548,067 | 1,525,194 | ||||||||
| Total | 3,883,874 | |||||||||||
| Miscellaneous Manufacture 0.17% | ||||||||||||
| ITT, Inc. Delayed Draw Term Loan | 4.81% (1 mo. USD Term SOFR + 1.13%) | 2/18/2028 | 1,563,826 | 1,560,894 | ||||||||
| Oil & Gas 0.16% | ||||||||||||
| Hilcorp Energy I LP Term Loan B | 5.409% (1 mo. USD Term SOFR + 1.75%) | 2/11/2030 | 1,447,280 | 1,449,089 | ||||||||
| Pharmaceuticals 0.26% | ||||||||||||
| Organon & Co. 2024 USD Term Loan | 5.936% (1 mo. USD Term SOFR + 2.25%) | 5/19/2031 | 2,330,000 | 2,332,179 | ||||||||
| Retail 0.61% | ||||||||||||
| 7-Eleven, Inc. Term Loan (2028) | 4.957% (3 mo. USD Term SOFR + 1.20%) | 12/11/2028 | 2,550,000 | 2,548,406 | ||||||||
| Lowes Cos., Inc. Delayed Draw Term Loan | 4.761% (3 mo. USD Term SOFR + 1.00%) | 9/15/2028 | 3,000,000 | 2,983,200 | ||||||||
| Total | 5,531,606 | |||||||||||
| Software 0.01% | ||||||||||||
| RealPage, Inc. 1st Lien Term Loan | 6.994% (3 mo. USD Term SOFR + 3.00%) | 4/24/2028 | 56,092 | 55,350 | ||||||||
| Total Floating Rate Loans (cost $26,034,183) | 25,952,623 | |||||||||||
| FOREIGN GOVERNMENT OBLIGATIONS(e) 1.83% | ||||||||||||
| Colombia 0.22% | ||||||||||||
| Colombia Government International Bonds | 5.375% | 1/21/2029 | 1,964,000 | 1,960,661 | ||||||||
| Dominican Republic 0.18% | ||||||||||||
| Dominican Republic International Bonds | 5.50% | 2/22/2029 | 670,000 | 672,010 | ||||||||
| Dominican Republic International Bonds | 5.95% | 1/25/2027 | 648,000 | 652,536 | ||||||||
| See Notes to Schedule of Investments. | 183 |
Schedule of Investments (unaudited)(continued)
INFLATION FOCUSED FUND August 31, 2026
| Investments | Interest Rate | Maturity Date | Principal Amount | Fair Value | ||||||||
| Dominican Republic (continued) | ||||||||||||
| Dominican Republic International Bonds | 8.625% | 4/20/2027 | $ | 298,000 | $ | 304,891 | ||||||
| Total | 1,629,437 | |||||||||||
| Guatemala 0.04% | ||||||||||||
| Guatemala Government Bonds | 4.875% | 2/13/2028 | 400,000 | 398,894 | ||||||||
| Kazakhstan 0.14% | ||||||||||||
| Development Bank of Kazakhstan JSC | 5.50% | 4/15/2027 | 1,250,000 | 1,257,658 | ||||||||
| Mexico 0.46% | ||||||||||||
| Eagle Funding Luxco SARL† | 5.50% | 8/17/2030 | 4,129,000 | 4,127,968 | ||||||||
| Romania 0.59% | ||||||||||||
| Romania Government International Bonds | 5.25% | 11/25/2027 | 2,046,000 | 2,045,853 | ||||||||
| Romania Government International Bonds† | 5.75% | 9/16/2030 | 936,000 | 935,429 | ||||||||
| Romania Government International Bonds† | 5.875% | 1/30/2029 | 1,046,000 | 1,053,907 | ||||||||
| Romania Government International Bonds | 6.625% | 2/17/2028 | 1,260,000 | 1,284,367 | ||||||||
| Total | 5,319,556 | |||||||||||
| Turkey 0.20% | ||||||||||||
| Turkiye Government International Bonds | 4.875% | 10/9/2026 | 600,000 | 599,611 | ||||||||
| Turkiye Government International Bonds | 8.60% | 9/24/2027 | 400,000 | 412,135 | ||||||||
| Turkiye Ihracat Kredi Bankasi AS† | 6.125% | 5/2/2029 | 800,000 | 790,989 | ||||||||
| Total | 1,802,735 | |||||||||||
| Total Foreign Government Obligations (cost $16,513,635) | 16,496,909 | |||||||||||
| GOVERNMENT SPONSORED ENTERPRISES COLLATERALIZED MORTGAGE OBLIGATIONS 0.00% | ||||||||||||
| Federal Home Loan Mortgage Corp. Multifamily Structured Pass-Through Certificates Series K061 Class X1(h) | 0.275% | #(i) | 11/25/2026 | 11,460,393 | 1,874 | |||||||
| Government National Mortgage Association Series 2013-193 Class IO(h) | 0.121% | #(i) | 1/16/2055 | 12,326 | 21 | |||||||
| Government National Mortgage Association Series 2015-19 Class AD | 2.90% | 10/16/2055 | 9,843 | 9,705 | ||||||||
| Total Government Sponsored Enterprises Collateralized Mortgage Obligations (cost $11,614) | 11,600 | |||||||||||
| GOVERNMENT SPONSORED ENTERPRISES PASS-THROUGHS 5.10% | ||||||||||||
| Federal Home Loan Mortgage Corp. | 4.855% (30 day USD SOFR Average + 2.14%) | # | 10/1/2055 | 369,968 | 367,678 | |||||||
| Federal Home Loan Mortgage Corp. | 4.885% (30 day USD SOFR Average + 2.12%) | # | 3/1/2056 | 1,178,632 | 1,166,887 | |||||||
| Federal Home Loan Mortgage Corp. | 4.998% (30 day USD SOFR Average + 2.24%) | # | 9/1/2055 | 342,292 | 340,316 | |||||||
| Federal Home Loan Mortgage Corp. | 5.359% (30 day USD SOFR Average + 2.18%) | # | 8/1/2055 | 292,951 | 294,689 | |||||||
| 184 | See Notes to Schedule of Investments. |
Schedule of Investments (unaudited)(continued)
INFLATION FOCUSED FUND August 31, 2026
| Investments | Interest Rate | Maturity Date | Principal Amount | Fair Value | ||||||||
| GOVERNMENT SPONSORED ENTERPRISES PASS-THROUGHS (continued) | ||||||||||||
| Federal Home Loan Mortgage Corp. | 5.426% (30 day USD SOFR Average + 2.08%) | # | 10/1/2055 | $ | 432,709 | $ | 433,031 | |||||
| Federal Home Loan Mortgage Corp. | 5.501% (30 day USD SOFR Average + 2.29%) | # | 7/1/2055 | 795,884 | 802,907 | |||||||
| Federal Home Loan Mortgage Corp. | 5.617% (30 day USD SOFR Average + 2.13%) | # | 8/1/2055 | 441,167 | 445,544 | |||||||
| Federal Home Loan Mortgage Corp. | 5.841% (30 day USD SOFR Average + 2.12%) | # | 5/1/2055 | 536,267 | 543,340 | |||||||
| Federal Home Loan Mortgage Corp. | 5.998% (30 day USD SOFR Average + 2.32%) | # | 8/1/2054 | 279,612 | 284,417 | |||||||
| Federal National Mortgage Association | 4.54% (30 day USD SOFR Average + 2.25%) | # | 4/1/2056 | 650,197 | 643,271 | |||||||
| Federal National Mortgage Association | 4.59% (30 day USD SOFR Average + 2.08%) | # | 4/1/2056 | 651,705 | 645,448 | |||||||
| Federal National Mortgage Association | 4.879% (30 day USD SOFR Average + 2.16%) | # | 3/1/2056 | 2,222,703 | 2,204,780 | |||||||
| Federal National Mortgage Association | 5.459% (30 day USD SOFR Average + 2.03%) | # | 10/1/2055 | 152,219 | 153,218 | |||||||
| Federal National Mortgage Association | 5.508% (30 day USD SOFR Average + 2.11%) | # | 10/1/2053 | 102,580 | 103,897 | |||||||
| Federal National Mortgage Association | 5.719% (30 day USD SOFR Average + 2.20%) | # | 8/1/2055 | 679,392 | 688,234 | |||||||
| Federal National Mortgage Association | 5.833% (30 day USD SOFR Average + 2.13%) | # | 2/1/2054 | 157,411 | 159,975 | |||||||
| Federal National Mortgage Association | 5.964% (30 day USD SOFR Average + 2.16%) | # | 9/1/2055 | 2,138,884 | 2,176,766 | |||||||
| Government National Mortgage Association | 7.00% | 4/20/2054 - 1/20/2055 | 5,726,363 | 5,935,567 | ||||||||
| Uniform Mortgage-Backed Security(j) | 4.50% | TBA | 1,506,000 | 1,468,783 | ||||||||
| Uniform Mortgage-Backed Security(j) | 5.00% | TBA | 14,451,000 | 14,368,261 | ||||||||
| Uniform Mortgage-Backed Security(j) | 5.50% | TBA | 8,249,000 | 8,322,861 | ||||||||
| Uniform Mortgage-Backed Security(j) | 6.00% | TBA | 4,387,000 | 4,479,960 | ||||||||
| Total Government Sponsored Enterprises Pass-Throughs (cost $46,280,353) | 46,029,830 | |||||||||||
| NON-AGENCY COMMERCIAL MORTGAGE-BACKED SECURITIES 7.53% | ||||||||||||
| ALA Trust Series 2025-OANA Class A† | 5.382% (1 mo. USD Term SOFR + 1.74%) | # | 6/15/2040 | 550,000 | 553,499 | |||||||
| ARDN Mortgage Trust Series 2025-ARCP Class A† | 5.389% (1 mo. USD Term SOFR + 1.75%) | # | 6/15/2035 | 260,000 | 260,779 | |||||||
| ARES Commercial Mortgage Trust Series 2026-AZURE Class A† | 4.989% (1 mo. USD Term SOFR + 1.35%) | # | 3/15/2038 | 680,000 | 682,585 | |||||||
| See Notes to Schedule of Investments. | 185 |
Schedule of Investments (unaudited)(continued)
INFLATION FOCUSED FUND August 31, 2026
| Investments | Interest Rate | Maturity Date | Principal Amount | Fair Value | ||||||||
| NON-AGENCY COMMERCIAL MORTGAGE-BACKED SECURITIES (continued) | ||||||||||||
| Bank Series 2017-BNK8 Class A3 | 3.229% | 11/15/2050 | $ | 266,463 | $ | 262,318 | ||||||
| Bank Series 2019-BN21 Class A5 | 2.851% | 10/17/2052 | 1,000,000 | 937,218 | ||||||||
| Bank5 Series 2023-5YR2 Class A3 | 6.656% | #(i) | 7/15/2056 | 1,731,000 | 1,771,966 | |||||||
| Bank5 Series 2024-5YR11 Class A3 | 5.893% | 11/15/2057 | 1,170,000 | 1,192,983 | ||||||||
| Bank5 Series 2024-5YR8 Class A3 | 5.884% | 8/15/2057 | 830,000 | 844,934 | ||||||||
| Bank5 Series 2026-5YR24 Class A3 | 5.832% | 8/15/2031 | 340,000 | 348,915 | ||||||||
| BBCMS Mortgage Trust Series 2020-C7 Class A5 | 2.037% | 4/15/2053 | 1,560,000 | 1,402,801 | ||||||||
| BBCMS Mortgage Trust Series 2024-5C29 Class A2 | 4.738% | 9/15/2057 | 1,188,058 | 1,176,401 | ||||||||
| BBCMS Mortgage Trust Series 2025-5C33 Class A4 | 5.839% | 3/15/2058 | 970,000 | 991,090 | ||||||||
| Benchmark Mortgage Trust Series 2018-B2 Class A5 | 3.882% | #(i) | 2/15/2051 | 360,000 | 354,592 | |||||||
| Benchmark Mortgage Trust Series 2018-B7 Class A4 | 4.51% | #(i) | 5/15/2053 | 1,525,000 | 1,506,293 | |||||||
| Benchmark Mortgage Trust Series 2019-B11 Class A5 | 3.542% | 5/15/2052 | 560,000 | 537,606 | ||||||||
| Benchmark Mortgage Trust Series 2024-V11 Class A3 | 5.909% | #(i) | 11/15/2057 | 750,000 | 765,766 | |||||||
| Benchmark Mortgage Trust Series 2024-V12 Class A3 | 5.739% | 12/15/2057 | 1,210,000 | 1,230,348 | ||||||||
| Benchmark Mortgage Trust Series 2024-V6 Class A3 | 5.926% | 3/15/2057 | 1,690,000 | 1,719,565 | ||||||||
| Benchmark Mortgage Trust Series 2024-V7 Class A3 | 6.228% | #(i) | 5/15/2056 | 1,100,000 | 1,128,354 | |||||||
| Benchmark Mortgage Trust Series 2024-V8 Class A3 | 6.189% | #(i) | 7/15/2057 | 460,000 | 471,818 | |||||||
| Benchmark Mortgage Trust Series 2025-V18 Class A3 | 5.184% | 10/15/2058 | 1,890,000 | 1,891,754 | ||||||||
| Benchmark Mortgage Trust Series 2026-V21 Class A3 | 5.127% | 3/15/2059 | 2,540,000 | 2,535,429 | ||||||||
| Benchmark Mortgage Trust Series 2026-V23 Class A3 | 5.853% | 8/28/2059 | 390,000 | 400,021 | ||||||||
| BMO Mortgage Trust Series 2023-5C2 Class A2 | 6.673% | 11/15/2056 | 500,000 | 511,398 | ||||||||
| BMO Mortgage Trust Series 2023-5C2 Class A3 | 7.296% | #(i) | 11/15/2056 | 800,000 | 827,571 | |||||||
| BMO Mortgage Trust Series 2024-5C8 Class A3 | 5.625% | #(i) | 12/15/2057 | 750,000 | 759,135 | |||||||
| BMO Mortgage Trust Series 2025-5C11 Class A3 | 5.669% | 7/15/2058 | 1,770,000 | 1,795,282 | ||||||||
| BMO Mortgage Trust Series 2025-5C12 Class A3 | 5.18% | 10/15/2058 | 920,000 | 918,251 | ||||||||
| BWAY Mortgage Trust Series 2013-1515 Class XB†(h) | 0.534% | #(i) | 3/10/2033 | 47,800,000 | 311,833 | |||||||
| BX Commercial Mortgage Trust Series 2025-BCAT Class A† | 5.019% (1 mo. USD Term SOFR + 1.38%) | # | 8/15/2042 | 381,274 | 382,438 | |||||||
| BX Trust Series 2024-CNYN Class A† | 5.081% (1 mo. USD Term SOFR + 1.44%) | # | 4/15/2041 | 368,987 | 369,982 | |||||||
| 186 | See Notes to Schedule of Investments. |
Schedule of Investments (unaudited)(continued)
INFLATION FOCUSED FUND August 31, 2026
| Investments | Interest Rate | Maturity Date | Principal Amount | Fair Value | ||||||||
| NON-AGENCY COMMERCIAL MORTGAGE-BACKED SECURITIES (continued) | ||||||||||||
| BX Trust Series 2025-ARIA Class A† | 5.199% | #(i) | 12/13/2042 | $ | 870,000 | $ | 861,490 | |||||
| BX Trust Series 2025-ROIC Class A† | 4.783% (1 mo. USD Term SOFR + 1.14%) | # | 3/15/2030 | 472,338 | 471,911 | |||||||
| BX Trust Series 2025-TAIL Class A† | 5.039% (1 mo. USD Term SOFR + 1.40%) | # | 6/15/2035 | 560,000 | 561,689 | |||||||
| BX Trust Series 2025-VOLT Class A† | 5.339% (1 mo. USD Term SOFR + 1.70%) | # | 12/15/2044 | 1,470,000 | 1,468,777 | |||||||
| CFCRE Commercial Mortgage Trust Series 2016-C6 Class XA(h) | 0.905% | #(i) | 11/10/2049 | 495,434 | 5 | |||||||
| CFCRE Commercial Mortgage Trust Series 2016-C7 Class XA(h) | 0.752% | #(i) | 12/10/2054 | 2,915,915 | 29 | |||||||
| Citigroup Commercial Mortgage Trust Series 2015-GC31 Class XA(h) | 0.008% | #(i) | 6/10/2048 | 1,066,110 | 20 | |||||||
| Citigroup Commercial Mortgage Trust Series 2018-B2 Class A4 | 4.009% | 3/10/2051 | 1,020,000 | 1,007,748 | ||||||||
| COMM Mortgage Trust Series 2012-CR4 Class XA(h) | 1.289% | #(i) | 10/15/2045 | 861,123 | 22,032 | |||||||
| Commercial Mortgage Pass-Through Certificates Series 2016-CD1 Class XA(h) | 1.527% | #(i) | 8/10/2049 | 192,977 | 2 | |||||||
| CONE Trust Series 2024-DFW1 Class A† | 5.281% (1 mo. USD Term SOFR + 1.64%) | # | 8/15/2041 | 650,000 | 647,765 | |||||||
| Credit Suisse Mortgage Capital Certificates Trust Series 2014-USA Class X1†(h) | 0.686% | #(i) | 9/15/2037 | 39,135,267 | 279,625 | |||||||
| CSAIL Commercial Mortgage Trust Series 2016-C7 Class XA(h) | 0.857% | #(i) | 11/15/2049 | 323,354 | 3 | |||||||
| CSAIL Commercial Mortgage Trust Series 2020-C19 Class A2 | 2.32% | 3/15/2053 | 950,000 | 878,468 | ||||||||
| CSMC Trust Series 2016-NXSR Class XB(h) | 0.479% | #(i) | 12/15/2049 | 20,135,000 | 201 | |||||||
| DBC Mortgage Trust Series 2025-DBC Class A† | 4.989% (1 mo. USD Term SOFR + 1.35%) | # | 11/15/2042 | 410,000 | 411,021 | |||||||
| DBGS Mortgage Trust Series 2018-C1 Class A4 | 4.466% | 10/15/2051 | 2,190,000 | 2,161,828 | ||||||||
| DBWF Mortgage Trust Series 2016-85T Class XA†(h) | 0.116% | #(i) | 12/10/2036 | 61,529,000 | 3,692 | |||||||
| EQT Trust Series 2026-IND1 Class A† | 4.839% (1 mo. USD Term SOFR + 1.20%) | # | 7/15/2041 | 1,140,000 | 1,142,861 | |||||||
| Federal Home Loan Mortgage Corp. STACR REMICS Trust Series 2022-DNA4 Class M2† | 8.893% (30 day USD SOFR Average + 5.25%) | # | 5/25/2042 | 390,000 | 401,459 | |||||||
| Federal Home Loan Mortgage Corp. STACR REMICS Trust Series 2022-HQA1 Class M2† | 8.893% (30 day USD SOFR Average + 5.25%) | # | 3/25/2042 | 1,530,000 | 1,563,731 | |||||||
| See Notes to Schedule of Investments. | 187 |
Schedule of Investments (unaudited)(continued)
INFLATION FOCUSED FUND August 31, 2026
| Investments | Interest Rate | Maturity Date | Principal Amount | Fair Value | ||||||||
| NON-AGENCY COMMERCIAL MORTGAGE-BACKED SECURITIES (continued) | ||||||||||||
| Federal Home Loan Mortgage Corp. STACR REMICS Trust Series 2023-HQA1 Class M1A† | 5.643% (30 day USD SOFR Average + 2.00%) | # | 5/25/2043 | $ | 425,642 | $ | 427,293 | |||||
| Federal Home Loan Mortgage Corp. STACR REMICS Trust Series 2023-HQA3 Class A1† | 5.493% (30 day USD SOFR Average + 1.85%) | # | 11/25/2043 | 254,679 | 255,511 | |||||||
| Federal Home Loan Mortgage Corp. STACR REMICS Trust Series 2024-DNA1 Class A1† | 4.993% (30 day USD SOFR Average + 1.35%) | # | 2/25/2044 | 218,485 | 218,748 | |||||||
| Federal Home Loan Mortgage Corp. STACR REMICS Trust Series 2024-DNA2 Class A1† | 4.893% (30 day USD SOFR Average + 1.25%) | # | 5/25/2044 | 1,148,555 | 1,152,730 | |||||||
| Federal Home Loan Mortgage Corp. STACR REMICS Trust Series 2024-DNA3 Class A1† | 4.693% (30 day USD SOFR Average + 1.05%) | # | 10/25/2044 | 308,000 | 307,740 | |||||||
| Federal Home Loan Mortgage Corp. STACR REMICS Trust Series 2024-HQA1 Class M1† | 4.893% (30 day USD SOFR Average + 1.25%) | # | 3/25/2044 | 505,036 | 505,110 | |||||||
| Federal Home Loan Mortgage Corp. STACR REMICS Trust Series 2024-HQA2 Class A1† | 4.893% (30 day USD SOFR Average + 1.25%) | # | 8/25/2044 | 315,000 | 315,136 | |||||||
| Federal National Mortgage Association Connecticut Avenue Securities Trust Series 2024-R03 Class 2M1† | 4.793% (30 day USD SOFR Average + 1.15%) | # | 3/25/2044 | 133,149 | 133,159 | |||||||
| Federal National Mortgage Association Connecticut Avenue Securities Trust Series 2024-R06 Class 1A1† | 4.793% (30 day USD SOFR Average + 1.15%) | # | 9/25/2044 | 405,541 | 405,570 | |||||||
| Federal National Mortgage Association Connecticut Avenue Securities Trust Series 2025-R01 Class 1A1† | 4.593% (30 day USD SOFR Average + 0.95%) | # | 1/25/2045 | 619,744 | 618,816 | |||||||
| Federal National Mortgage Association Connecticut Avenue Securities Trust Series 2025-R01 Class 1M1† | 4.743% (30 day USD SOFR Average + 1.10%) | # | 1/25/2045 | 234,685 | 234,676 | |||||||
| 188 | See Notes to Schedule of Investments. |
Schedule of Investments (unaudited)(continued)
INFLATION FOCUSED FUND August 31, 2026
| Investments | Interest Rate | Maturity Date | Principal Amount | Fair Value | ||||||||
| NON-AGENCY COMMERCIAL MORTGAGE-BACKED SECURITIES (continued) | ||||||||||||
| Federal National Mortgage Association Connecticut Avenue Securities Trust Series 2025-R02 Class 1A1† | 4.643% (30 day USD SOFR Average + 1.00%) | # | 2/25/2045 | $ | 284,033 | $ | 284,114 | |||||
| Federal National Mortgage Association Connecticut Avenue Securities Trust Series 2025-R05 Class 2A1† | 4.643% (30 day USD SOFR Average + 1.00%) | # | 7/25/2045 | 258,622 | 258,264 | |||||||
| GS Mortgage Securities Trust Series 2017-GS7 Class A4 | 3.43% | 8/10/2050 | 3,130,000 | 3,092,508 | ||||||||
| GS Mortgage Securities Trust Series 2019-GSA1 Class A4 | 3.048% | 11/10/2052 | 300,000 | 282,317 | ||||||||
| Hudson Yards Mortgage Trust Series 2025-SPRL Class A† | 5.649% | #(i) | 1/13/2040 | 810,000 | 817,280 | |||||||
| JP Morgan Chase Commercial Mortgage Securities Trust Series 2014-DSTY Class A† | 3.429% | 6/10/2027 | 5,000,000 | 944,947 | ||||||||
| JP Morgan Chase Commercial Mortgage Securities Trust Series 2014-DSTY Class XA†(h) | 0.503% | #(i) | 6/10/2027 | 2,906,000 | 1,453 | |||||||
| JP Morgan Chase Commercial Mortgage Securities Trust Series 2014-DSTY Class XB†(h) | 0.16% | #(i) | 6/10/2027 | 1,292,000 | 1 | |||||||
| JP Morgan Chase Commercial Mortgage Securities Trust Series 2016-JP4 Class XA(h) | 0.772% | #(i) | 12/15/2049 | 2,016,923 | 20 | |||||||
| JP Morgan Chase Commercial Mortgage Securities Trust Series 2017-JP7 Class XA(h) | 1.146% | #(i) | 9/15/2050 | 5,266,243 | 22,369 | |||||||
| JP Morgan Chase Commercial Mortgage Securities Trust Series 2018-AON Class XA†(h) | 0.639% | #(i) | 7/5/2031 | 129,394,000 | 18,982 | |||||||
| JP Morgan Chase Commercial Mortgage Securities Trust Series 2018-AON Class XB†(h) | 0.308% | #(i) | 7/5/2031 | 50,413,000 | 3,690 | |||||||
| JP Morgan Chase Commercial Mortgage Securities Trust Series 2018-WPT Class XBFX†(h) | 0.555% | #(i) | 7/5/2033 | 95,152,000 | 793,924 | |||||||
| JP Morgan Chase Commercial Mortgage Securities Trust Series 2019-COR5 Class A4 | 3.386% | 6/13/2052 | 2,060,000 | 1,966,828 | ||||||||
| JPMBB Commercial Mortgage Securities Trust Series 2014-C24 Class XA(h) | 0.846% | #(i) | 11/15/2047 | 310,422 | 3 | |||||||
| KIND Commercial Mortgage Trust Series 2024-1 Class A† | 5.529% (1 mo. USD Term SOFR + 1.89%) | # | 8/15/2041 | 670,000 | 671,278 | |||||||
| LBA Trust Series 2024-7IND Class A† | 5.082% (1 mo. USD Term SOFR + 1.44%) | # | 10/15/2041 | 390,606 | 391,482 | |||||||
| LoanCore Issuer Ltd. Series 2025-CRE8 Class A† | 5.024% (1 mo. USD Term SOFR + 1.39%) | # | 8/17/2042 | 1,320,000 | 1,321,251 | |||||||
| See Notes to Schedule of Investments. | 189 |
Schedule of Investments (unaudited)(continued)
INFLATION FOCUSED FUND August 31, 2026
| Investments | Interest Rate | Maturity Date | Principal Amount | Fair Value | ||||||||
| NON-AGENCY COMMERCIAL MORTGAGE-BACKED SECURITIES (continued) | ||||||||||||
| Morgan Stanley BAML Trust Series 2025-5C1 Class A3 | 5.635% | 3/15/2058 | $ | 1,140,000 | $ | 1,157,001 | ||||||
| Morgan Stanley Bank of America Merrill Lynch Trust Series 2016-C31 Class XA(h) | 1.268% | #(i) | 11/15/2049 | 1,353,548 | 14 | |||||||
| Morgan Stanley Capital I Trust Series 2024-NSTB Class A† | 3.90% | #(i) | 9/24/2057 | 2,546,523 | 2,500,859 | |||||||
| PSA Trust Series 2026-STOR Class A† | 5.554% | #(i) | 8/15/2031 | 660,000 | 661,360 | |||||||
| ROCK Trust Series 2024-CNTR Class A† | 5.388% | 11/13/2041 | 1,030,000 | 1,034,183 | ||||||||
| SCG Trust Series 2025-SNIP Class A† | 5.139% (1 mo. USD Term SOFR + 1.50%) | # | 9/15/2042 | 900,000 | 904,744 | |||||||
| Starwood Mortgage Residential Trust Series 2020-1 Class A1† | 2.275% | #(i) | 2/25/2050 | 12,660 | 12,216 | |||||||
| SWCH Commercial Mortgage Trust Series 2025-DATA Class A† | 5.082% (1 mo. USD Term SOFR + 1.44%) | # | 2/15/2042 | 910,000 | 903,798 | |||||||
| UBS Commercial Mortgage Trust Series 2019-C18 Class A4 | 3.035% | 12/15/2052 | 80,000 | 74,499 | ||||||||
| Wells Fargo Commercial Mortgage Trust Series 2016-LC24 Class XB(h) | 0.998% | #(i) | 10/15/2049 | 3,141,476 | 31 | |||||||
| Wells Fargo Commercial Mortgage Trust Series 2019-C50 Class A5 | 3.729% | 5/15/2052 | 150,000 | 144,995 | ||||||||
| Wells Fargo Commercial Mortgage Trust Series 2024-5C1 Class A3 | 5.928% | 7/15/2057 | 1,080,000 | 1,100,320 | ||||||||
| Wells Fargo Commercial Mortgage Trust Series 2025-5C3 Class A3 | 6.096% | 1/15/2058 | 2,160,000 | 2,219,375 | ||||||||
| Wells Fargo Commercial Mortgage Trust Series 2025-5C4 Class A3 | 5.673% | 5/15/2058 | 1,030,000 | 1,047,213 | ||||||||
| WFRBS Commercial Mortgage Trust Series 2014-C21 Class XB(h) | 0.815% | #(i) | 8/15/2047 | 7,667,635 | 23,945 | |||||||
| Total Non-Agency Commercial Mortgage-Backed Securities (cost $71,034,758) | 67,957,035 | |||||||||||
| U.S. TREASURY OBLIGATIONS 16.46% | ||||||||||||
| U.S. Treasury Inflation-Indexed Bonds(k) | 0.125% | 2/15/2051 | 9,621,300 | 4,835,564 | ||||||||
| U.S. Treasury Inflation-Indexed Notes(k) | 0.125% | 4/15/2027 | 16,560,740 | 16,301,444 | ||||||||
| U.S. Treasury Inflation-Indexed Notes(k) | 1.25% | 4/15/2028 | 50,107,050 | 49,263,057 | ||||||||
| U.S. Treasury Inflation-Indexed Notes(k) | 1.625% | 4/15/2030 | 32,525,200 | 31,946,905 | ||||||||
| U.S. Treasury Inflation-Indexed Notes(k) | 1.875% | 7/15/2035 | 4,576,660 | 4,404,966 | ||||||||
| U.S. Treasury Inflation-Indexed Notes(k) | 1.875% | 1/15/2036 | 25,696,750 | 24,534,468 | ||||||||
| U.S. Treasury Notes | 4.125% | 5/31/2031 | 17,501,000 | 17,228,230 | ||||||||
| Total U.S. Treasury Obligations (cost $151,363,901) | 148,514,634 | |||||||||||
| Total Long-Term Investments (cost $907,773,816) | 899,383,924 | |||||||||||
| 190 | See Notes to Schedule of Investments. |
Schedule of Investments (unaudited)(continued)
INFLATION FOCUSED FUND August 31, 2026
| Investments | Principal Amount | Fair Value | ||||||
| SHORT-TERM INVESTMENTS 0.28% | ||||||||
| REPURCHASE AGREEMENTS 0.28% | ||||||||
| Repurchase Agreement dated 8/31/2026, 3.580% due 9/1/2026 with Barclays Capital, Inc. collateralized by $1,813,900 of U.S. Treasury Bond at 3.875% due 5/15/2043; value: $1,566,327; proceeds: $1,535,153 (cost $1,535,000) | $ | 1,535,000 | $ | 1,535,000 | ||||
| Repurchase Agreement dated 8/31/2026, 3.250% due 9/1/2026 with Fixed Income Clearing Corp. collateralized by $884,300 of U.S. Treasury Inflation Indexed Note at 0.125% due 4/15/2027; value: $1,029,821; proceeds: $1,009,655 (cost $1,009,564) | 1,009,564 | 1,009,564 | ||||||
| Total Repurchase Agreements (cost $2,544,564) | 2,544,564 | |||||||
| Total Investments in Securities 99.94% (cost $910,318,380) | 901,928,488 | |||||||
| Other Assets and Liabilities – Net 0.06% | 580,703 | |||||||
| Net Assets 100.00% | $ | 902,509,191 | ||||||
| CMT | Constant Maturity Rate. | |
| ICE | Intercontinental Exchange. | |
| IO | Interest Only. | |
| REITS | Real Estate Investment Trusts. | |
| REMICS | Real Estate Mortgage Investment Conduits. | |
| SOFR | Secured Overnight Financing Rate. | |
| STACR | Structured Agency Credit Risk. | |
| † | Security was purchased pursuant to Rule 144A under the Securities Act of 1933 and, unless registered under such Act or exempted from registration, may only be resold to qualified institutional buyers. At August 31, 2026, the total value of Rule 144A securities was $432,171,181, which represents 47.89% of net assets. | |
| # | Variable rate security. The interest rate represents the rate in effect at August 31, 2026. | |
| (a) | Step Bond – Security with a predetermined schedule of interest rate changes. | |
| (b) | Level 3 Investment as described in Note 2(a) in the Notes to Schedule of Investments. Security fair valued by the Pricing Committee. | |
| (c) | Securities purchased on a when-issued basis. | |
| (d) | Interest rate to be determined. | |
| (e) | Foreign security traded in U.S. dollars. | |
| (f) | Defaulted. | |
| (g) | Floating Rate Loans in which the Fund invests generally pay interest at rates which are periodically re-determined at a margin above the SOFR or the prime rate offered by major U.S. banks. The rate(s) shown is the rate(s) in effect at August 31, 2026. | |
| (h) | Interest-only security. The principal amount shown is a notional amount representing the outstanding principal of the underlying debt obligation(s). Holders of interest-only securities do not receive principal payments on the underlying debt obligation(s). | |
| (i) | Interest rate is based on the weighted average interest rates of the underlying mortgages within the mortgage pool. | |
| (j) | To-be-announced (“TBA”). Security purchased on a forward commitment basis with an approximate principal and maturity date. Actual principal and maturity will be determined upon settlement when the specific mortgage pools are assigned. | |
| (k) | Treasury Inflation Protected Security. A U.S. Treasury Note or Bond that offers protection from inflation by paying a fixed rate of interest on a principal amount that is adjusted for inflation based on the Consumer Price Index. |
| See Notes to Schedule of Investments. | 191 |
Schedule of Investments (unaudited)(continued)
INFLATION FOCUSED FUND August 31, 2026
Centrally Cleared Credit Default Swap Contracts on Indexes/Issuers - Sell Protection at August 31, 2026(1):
| Referenced Indexes/Issuers | Fund Receives (Quarterly) | Termination Date | Notional Amount | Upfront Payments Paid/ (Received) Net of Amortization | Unrealized Appreciation/ (Depreciation)(2) | Value | ||||||||||||||
| CDX.NA.IG.S41 | 1.00% | 12/20/2028 | $ | 6,540,000 | $ | 27,967 | $ | 80,310 | $108,277 | |||||||||||
| CDX.NA.IG.S42 | 1.00% | 6/20/2029 | 12,718,000 | 171,386 | 61,117 | 232,503 | ||||||||||||||
| CDX.NA.IG.S43 | 1.00% | 12/20/2029 | 7,500,000 | 122,755 | 23,417 | 146,172 | ||||||||||||||
| Oracle Corp. | 1.00% | 12/20/2027 | 1,725,000 | 8,649 | (5,552 | ) | 3,097 | |||||||||||||
| Total | $ | 330,757 | $ | 159,292 | $490,049 | |||||||||||||||
| Referenced Indexes/Issuers | Fund Receives (Quarterly) | Termination Date | Notional Amount | Upfront Payments Paid/ (Received) Net of Amortization | Unrealized Appreciation/ (Depreciation) | Value | ||||||||||||||
| Oracle Corp. | 1.00% | 12/20/2030 | $402,000 | $(5,978 | ) | $(6,960 | ) | $(12,938 | ) | |||||||||||
| (1) | If the Fund is a seller of protection and a credit event occurs, as defined under the terms of that particular swap contracts agreement, the Fund will either (i) pay to the buyer of protection an amount equal to the notional amount of the swap contracts and take delivery of the referenced obligation or underlying securities comprising the referenced index or (ii) pay a net settlement amount in the form of cash or securities equal to the notional amount of the swap contracts less the recovery value of the referenced obligation or underlying securities. | |
| (2) | Total unrealized appreciation on Centrally Cleared Credit Default Swap Contracts on Indexes/Issuers amounted to $164,844. Total unrealized depreciation on Centrally Cleared Credit Default Swap Contracts on Indexes/Issuers amounted to $12,512. |
Centrally Cleared Interest Rate Swap Contracts at August 31, 2026:
| Periodic Payments to be Made By The Fund (Quarterly) | Periodic Payments to be Received By The Fund (Quarterly) | Termination Date | Notional Amount | Upfront Payments Paid/ (Received) Net of Amortization | Unrealized Appreciation/ (Depreciation) | Value | ||||||||||||||
| 12-Month USD SOFR Index | 3.844% | 8/6/2027 | $20,000,000 | $ – | $(52,251 | ) | $(52,251 | ) | ||||||||||||
| SOFR | Secured Overnight Financing Rate. |
| 192 | See Notes to Schedule of Investments. |
Schedule of Investments (unaudited)(continued)
INFLATION FOCUSED FUND August 31, 2026
Centrally Cleared Consumer Price Index (“CPI”) Swap Contracts at August 31, 2026:
| Payments to be Made By The Fund at Termination Date | Payments to be Received By The Fund at Termination Date | Termination Date | Notional Amount | Value/Unrealized Appreciation | ||||||||
| 1.976% | CPI Urban Consumer NSA | 12/2/2028 | $ | 10,000,000 | $ | 1,666,280 | ||||||
| 2.107% | CPI Urban Consumer NSA | 2/21/2031 | 5,000,000 | 773,480 | ||||||||
| 2.113% | CPI Urban Consumer NSA | 12/29/2027 | 5,000,000 | 765,170 | ||||||||
| 2.164% | CPI Urban Consumer NSA | 12/22/2026 | 20,000,000 | 210,642 | ||||||||
| 2.269% | CPI Urban Consumer NSA | 10/30/2030 | 10,000,000 | 1,312,431 | ||||||||
| 2.285% | CPI Urban Consumer NSA | 5/31/2028 | 10,000,000 | 1,290,095 | ||||||||
| 2.310% | CPI Urban Consumer NSA | 6/1/2028 | 10,000,000 | 1,263,832 | ||||||||
| 2.341% | CPI Urban Consumer NSA | 8/27/2028 | 10,000,000 | 1,199,249 | ||||||||
| 2.345% | CPI Urban Consumer NSA | 8/14/2028 | 10,000,000 | 1,193,404 | ||||||||
| 2.353% | CPI Urban Consumer NSA | 6/6/2028 | 10,000,000 | 1,213,422 | ||||||||
| 2.370% | CPI Urban Consumer NSA | 4/18/2030 | 25,000,000 | 2,929,331 | ||||||||
| 2.375% | CPI Urban Consumer NSA | 8/9/2028 | 10,000,000 | 1,159,603 | ||||||||
| 2.380% | CPI Urban Consumer NSA | 7/6/2028 | 10,000,000 | 1,170,230 | ||||||||
| 2.384% | CPI Urban Consumer NSA | 10/1/2028 | 10,000,000 | 1,160,350 | ||||||||
| 2.390% | CPI Urban Consumer NSA | 8/3/2028 | 10,000,000 | 1,141,604 | ||||||||
| 2.393% | CPI Urban Consumer NSA | 5/11/2028 | 10,000,000 | 1,151,598 | ||||||||
| 2.396% | CPI Urban Consumer NSA | 10/9/2028 | 10,000,000 | 1,149,680 | ||||||||
| 2.406% | CPI Urban Consumer NSA | 1/16/2031 | 22,000,000 | 237,283 | (1) | |||||||
| 2.408% | CPI Urban Consumer NSA | 5/21/2028 | 5,000,000 | 572,032 | ||||||||
| 2.409% | CPI Urban Consumer NSA | 12/24/2029 | 15,000,000 | 236,270 | ||||||||
| 2.439% | CPI Urban Consumer NSA | 12/10/2034 | 8,000,000 | 108,173 | ||||||||
| 2.446% | CPI Urban Consumer NSA | 5/29/2045 | 5,700,000 | 13,901 | ||||||||
| 2.465% | CPI Urban Consumer NSA | 11/30/2031 | 5,000,000 | 175,554 | ||||||||
| 2.470% | CPI Urban Consumer NSA | 6/9/2035 | 11,000,000 | 93,260 | ||||||||
| 2.493% | CPI Urban Consumer NSA | 6/28/2030 | 25,000,000 | 2,674,830 | ||||||||
| 2.505% | CPI Urban Consumer NSA | 12/4/2027 | 25,000,000 | 147,228 | ||||||||
| 2.505% | CPI Urban Consumer NSA | 12/7/2031 | 5,000,000 | 126,929 | ||||||||
| 2.510% | CPI Urban Consumer NSA | 6/30/2030 | 20,000,000 | 2,097,340 | ||||||||
| 2.545% | CPI Urban Consumer NSA | 7/14/2033 | 9,500,000 | 47,138 | ||||||||
| 2.602% | CPI Urban Consumer NSA | 2/4/2028 | 25,000,000 | 188,762 | ||||||||
| 2.605% | CPI Urban Consumer NSA | 9/19/2028 | 60,000,000 | 600,617 | ||||||||
| 2.638% | CPI Urban Consumer NSA | 11/15/2051 | 19,000,000 | 89,566 | (2) | |||||||
| 2.692% | CPI Urban Consumer NSA | 4/4/2028 | 20,000,000 | 23,733 | ||||||||
| 2.850% | CPI Urban Consumer NSA | 10/28/2027 | 30,000,000 | 182,795 | ||||||||
| 2.870% | CPI Urban Consumer NSA | 4/4/2027 | 20,000,000 | 11,554 | ||||||||
| 2.897% | CPI Urban Consumer NSA | 10/2/2027 | 20,000,000 | 10,163 | ||||||||
| Total | $ | 28,387,529 | ||||||||||
| See Notes to Schedule of Investments. | 193 |
Schedule of Investments (unaudited)(continued)
INFLATION FOCUSED FUND August 31, 2026
Centrally Cleared Consumer Price Index (“CPI”) Swap Contracts at August 31, 2026:
| Payments to be Made By The Fund at Termination Date | Payments to be Received By The Fund at Termination Date | Termination Date | Notional Amount | Value/Unrealized Depreciation | ||||||||
| 2.960% | CPI Urban Consumer NSA | 9/8/2027 | $ | 20,000,000 | $ | (8,704 | ) | |||||
| 2.940% | CPI Urban Consumer NSA | 3/23/2028 | 27,000,000 | (15,160 | )(3) | |||||||
| 2.864% | CPI Urban Consumer NSA | 3/22/2032 | 8,000,000 | (510,517 | )(4) | |||||||
| 2.859% | CPI Urban Consumer NSA | 5/5/2029 | 25,000,000 | (73,125 | ) | |||||||
| 2.750% | CPI Urban Consumer NSA | 3/30/2032 | 6,000,000 | (203,004 | ) | |||||||
| 2.706% | CPI Urban Consumer NSA | 5/5/2031 | 15,000,000 | (37,449 | ) | |||||||
| 2.698% | CPI Urban Consumer NSA | 5/22/2031 | 19,000,000 | (100,930 | ) | |||||||
| 2.665% | CPI Urban Consumer NSA | 3/9/2052 | 22,000,000 | (297,895 | )(5) | |||||||
| 2.551% | CPI Urban Consumer NSA | 6/8/2032 | 10,000,000 | (22,102 | ) | |||||||
| 2.539% | CPI Urban Consumer NSA | 7/14/2040 | 5,000,000 | (14,178 | ) | |||||||
| 2.504% | CPI Urban Consumer NSA | 6/15/2032 | 10,000,000 | (7,686 | ) | |||||||
| 2.474% | CPI Urban Consumer NSA | 7/26/2044 | 8,200,000 | (3,432 | ) | |||||||
| 2.426% | CPI Urban Consumer NSA | 8/4/2031 | 40,000,000 | (80,442 | )(6) | |||||||
| 2.405% | CPI Urban Consumer NSA | 7/10/2028 | 28,000,000 | (66,014 | ) | |||||||
| 2.380% | CPI Urban Consumer NSA | 8/27/2056 | 3,000,000 | (7,286 | ) | |||||||
| 2.183% | CPI Urban Consumer NSA | 6/26/2027 | 40,000,000 | (2,386 | ) | |||||||
| 1.948% | CPI Urban Consumer NSA | 7/17/2027 | 30,000,000 | (13,160 | ) | |||||||
| Total | $ | (1,463,470 | ) | |||||||||
| CPI | Consumer Price Index: Rate fluctuates based on CPI. | |
| NSA | Non-seasonally adjusted. | |
| (1) | Unrealized appreciation on Centrally Cleared CPI Swap Contract is $218,001, which includes upfront payment of $19,282. Upfront payments paid (received) are presented net of amortization. | |
| (2) | Unrealized appreciation on Centrally Cleared CPI Swap Contract is $64,462, which includes upfront payment of $25,104. Upfront payments paid (received) are presented net of amortization. | |
| (3) | Unrealized appreciation on Centrally Cleared CPI Swap Contract is $40,906, which includes upfront payment of $(56,066). Upfront payments paid (received) are presented net of amortization. | |
| (4) | Unrealized depreciation on Centrally Cleared CPI Swap Contract is $(138,164), which includes upfront payment of $(372,353). Upfront payments paid (received) are presented net of amortization. | |
| (5) | Unrealized depreciation on Centrally Cleared CPI Swap Contract is $(870,113), which includes upfront payment of $572,218. Upfront payments paid (received) are presented net of amortization. | |
| (6) | Unrealized depreciation on Centrally Cleared CPI Swap Contract is $(52,148), which includes upfront payment of $(28,294). Upfront payments paid (received) are presented net of amortization. |
| 194 | See Notes to Schedule of Investments. |
Schedule of Investments (unaudited)(continued)
INFLATION FOCUSED FUND August 31, 2026
Consumer Price Index (“CPI”) OTC Swap Contracts at August 31, 2026:
| Swap Counterparty | Payments to be Made By The Fund at Termination Date | Payments to be Received By The Fund at Termination Date | Termination Date | Notional Amount | Value/Unrealized Appreciation | |||||||||
| Bank of America | 2.213% | CPI Urban Consumer NSA | 10/25/2032 | $ | 5,000,000 | $ | 738,343 | |||||||
| Bank of America | 2.298% | CPI Urban Consumer NSA | 4/5/2029 | 5,000,000 | 634,474 | |||||||||
| Bank of America | 2.301% | CPI Urban Consumer NSA | 3/28/2029 | 5,000,000 | 633,445 | |||||||||
| Bank of America | 2.348% | CPI Urban Consumer NSA | 3/10/2032 | 5,000,000 | 603,252 | |||||||||
| Bank of America | 2.398% | CPI Urban Consumer NSA | 2/12/2033 | 5,000,000 | 560,013 | |||||||||
| Barclays Bank PLC | 2.410% | CPI Urban Consumer NSA | 2/1/2032 | 10,000,000 | 1,123,524 | |||||||||
| Total Unrealized Appreciation on CPI OTC Swap Contracts | $ | 4,293,051 | ||||||||||||
Consumer Price Index (“CPI”) OTC Swap Contracts at August 31, 2026:
| Swap Counterparty | Payments to be Made By The Fund at Termination Date | Payments to be Received By The Fund at Termination Date | Termination Date | Notional Amount | Value/Unrealized Depreciation | |||||||||
| Deutsche Bank AG | 3.010% | CPI Urban Consumer NSA | 2/15/2033 | $ | 15,000,000 | $ | (1,381,751 | ) | ||||||
| CPI | Consumer Price Index: Rate fluctuates based on CPI. | |
| NSA | Non-seasonally adjusted. |
Futures Contracts at August 31, 2026:
| Type | Expiration | Contracts | Position | Notional Amount | Notional Value | Unrealized Appreciation | ||||||||||||
| U.S. 10-Year Ultra Treasury Note | December 2026 | 303 | Short | $ | (33,316,973 | ) | $ | (33,154,828 | ) | $ | 162,145 | |||||||
| Type | Expiration | Contracts | Position | Notional Amount | Notional Value | Unrealized Depreciation | ||||||||||||
| U.S. 2-Year Treasury Note | December 2026 | 1,438 | Long | $ | 295,865,372 | $ | 295,127,033 | $ | (738,339 | ) | ||||||||
| U.S. 5-Year Treasury Note | December 2026 | 1,324 | Long | 140,640,255 | 139,950,937 | (689,318 | ) | |||||||||||
| U.S. Long Bond | December 2026 | 30 | Short | (3,256,819 | ) | (3,258,750 | ) | (1,931 | ) | |||||||||
| U.S. Ultra Treasury Bond | December 2026 | 21 | Short | (2,299,407 | ) | (2,310,656 | ) | (11,249 | ) | |||||||||
| Total Unrealized Depreciation on Futures Contracts | $ | (1,440,837 | ) | |||||||||||||||
| See Notes to Schedule of Investments. | 195 |
Schedule of Investments (unaudited)(concluded)
INFLATION FOCUSED FUND August 31, 2026
The following is a summary of the inputs used as of August 31, 2026 in valuing the Fund’s investments carried at fair value(1):
| Investment Type(2) | Level 1 | Level 2 | Level 3 | Total | ||||||||||||
| Long-Term Investments | ||||||||||||||||
| Asset-Backed Securities | ||||||||||||||||
| Credit Card | $ | – | $ | 5,641,448 | $ | 1,601,440 | $ | 7,242,888 | ||||||||
| Remaining Industries | – | 180,264,473 | – | 180,264,473 | ||||||||||||
| Convertible Bonds | – | 399,697 | – | 399,697 | ||||||||||||
| Corporate Bonds | – | 406,514,235 | – | 406,514,235 | ||||||||||||
| Floating Rate Loans | – | 25,952,623 | – | 25,952,623 | ||||||||||||
| Foreign Government Obligations | – | 16,496,909 | – | 16,496,909 | ||||||||||||
| Government Sponsored Enterprises Collateralized Mortgage Obligations | – | 11,600 | – | 11,600 | ||||||||||||
| Government Sponsored Enterprises Pass-Throughs | – | 46,029,830 | – | 46,029,830 | ||||||||||||
| Non-Agency Commercial Mortgage-Backed Securities | – | 67,957,035 | – | 67,957,035 | ||||||||||||
| U.S. Treasury Obligations | – | 148,514,634 | – | 148,514,634 | ||||||||||||
| Short-Term Investments | ||||||||||||||||
| Repurchase Agreements | – | 2,544,564 | – | 2,544,564 | ||||||||||||
| Total | $ | – | $ | 900,327,048 | $ | 1,601,440 | $ | 901,928,488 | ||||||||
| Other Financial Instruments | ||||||||||||||||
| Centrally Cleared Credit Default Swap Contracts | ||||||||||||||||
| Assets | $ | – | $ | 490,049 | $ | – | $ | 490,049 | ||||||||
| Liabilities | – | (12,938 | ) | – | (12,938 | ) | ||||||||||
| Centrally Cleared Interest Rate Swap Contracts | ||||||||||||||||
| Assets | – | – | – | – | ||||||||||||
| Liabilities | – | (52,251 | ) | – | (52,251 | ) | ||||||||||
| Centrally Cleared CPI Swap Contracts | ||||||||||||||||
| Assets | – | 28,387,529 | – | 28,387,529 | ||||||||||||
| Liabilities | – | (1,463,470 | ) | – | (1,463,470 | ) | ||||||||||
| OTC CPI Swap Contracts | ||||||||||||||||
| Assets | – | 4,293,051 | – | 4,293,051 | ||||||||||||
| Liabilities | – | (1,381,751 | ) | – | (1,381,751 | ) | ||||||||||
| Futures Contracts | ||||||||||||||||
| Assets | 162,145 | – | – | 162,145 | ||||||||||||
| Liabilities | (1,440,837 | ) | – | – | (1,440,837 | ) | ||||||||||
| Total | $ | (1,278,692 | ) | $ | 30,260,219 | $ | – | $ | 28,981,527 | |||||||
| (1) | Refer to Note 2(a) for a description of fair value measurements and the three-tier hierarchy of inputs. | |
| (2) | See Schedule of Investments for fair values in each industry and identification of foreign issuers and/or geography. The table above is presented by Investment Type. When applicable, each Level 3 security is identified on the Schedule of Investments along with the valuation technique utilized. |
A reconciliation of Level 3 investments is presented when the Fund has a material amount of Level 3 investments at the beginning or end of the period in relation to the Fund’s net assets. Management has determined not to provide a reconciliation and a summary of unobservable inputs as the balance of Level 3 investments was not considered to be material to the Fund’s net assets at the beginning or end of the period.
| 196 | See Notes to Schedule of Investments. |
Schedule of Investments (unaudited)
MULTI-ASSET BALANCED OPPORTUNITY FUND August 31, 2026
| Investments | Shares | Fair Value | ||||||
| LONG-TERM INVESTMENTS 99.98% | ||||||||
| INVESTMENTS IN AFFILIATED FUNDS(a) 99.98% | ||||||||
| Lord Abbett Affiliated Fund, Inc.-Class I(b)(c) | 7,869,675 | $ | 178,405,530 | |||||
| Lord Abbett Investment Trust-Core Fixed Income Fund-Class I(b)(d) | 33,022,871 | 298,856,983 | ||||||
| Lord Abbett Investment Trust-Core Plus Bond Fund-Class I(b)(d) | 17,511,492 | 219,419,001 | ||||||
| Lord Abbett Research Fund, Inc.-Dividend Growth Fund-Class I(b)(e) | 10,139,623 | 279,955,001 | ||||||
| Lord Abbett Securities Trust-Fundamental Equity Fund-Class I(b)(c) | 14,801,766 | 263,471,440 | ||||||
| Lord Abbett Securities Trust-Growth Leaders Fund-Class I*(b)(f) | 4,395,493 | 262,498,827 | ||||||
| Lord Abbett Investment Trust-High Yield Fund-Class I(b)(g) | 18,042,545 | 112,946,332 | ||||||
| Lord Abbett Securities Trust-International Equity Fund-Class I(b)(h) | 4,803,250 | 101,492,672 | ||||||
| Lord Abbett Securities Trust-International Value Fund-Class I(b)(i) | 7,629,740 | 93,540,608 | ||||||
| Lord Abbett Investment Trust-Short Duration Income Fund-Class I(b)(j) | 8,307,821 | 79,838,161 | ||||||
| Lord Abbett Investment Trust-Ultra Short Bond Fund-Class I(b)(k) | 3,587,548 | 35,911,351 | ||||||
| Lord Abbett Securities Trust-Value Opportunities Fund-Class I(b)(l) | 2,394,153 | 51,450,350 | ||||||
| Lord Abbett Private Credit Fund(m)(n)(o) | 1,997,762 | 49,544,501 | ||||||
| Total Investments in Affiliated Funds (cost $1,700,893,826) | 2,027,330,757 | |||||||
| Principal Amount | ||||||||
| SHORT-TERM INVESTMENTS 0.08% | ||||||||
| REPURCHASE AGREEMENTS 0.08% | ||||||||
| Repurchase Agreement dated 8/31/2026, 3.250% due 9/1/2026 with Fixed Income Clearing Corp. collateralized by $1,694,500 of U.S. Treasury Bill at 0.000% due 2/25/2027; value: $1,662,228; proceeds: $1,629,753 (cost $1,629,606) | $ | 1,629,606 | 1,629,606 | |||||
| Total Investments in Securities 100.06% (cost $1,702,523,432) | 2,028,960,363 | |||||||
| Other Assets and Liabilities – Net (0.06)% | (1,140,603 | ) | ||||||
| Net Assets 100.00% | $ | 2,027,819,760 | ||||||
| * | Non-income producing security. | |
| (a) | See Note 5. | |
| (b) | These investments offer daily redemptions. | |
| (c) | Fund investment objective is long-term growth of capital and income without excessive fluctuations in market value. | |
| (d) | Fund investment objective is to seek income and capital appreciation to produce a high total return. | |
| (e) | Fund investment objective is to seek current income and capital appreciation. | |
| (f) | Fund investment objective is to seek capital appreciation. | |
| (g) | Fund investment objective is to seek a high current income and the opportunity for capital appreciation to produce a high total return. | |
| (h) | Fund investment objective is to seek long-term capital appreciation. | |
| (i) | Fund investment objective is to seek a high level of total return. | |
| (j) | Fund investment objective is to seek a high level of income consistent with preservation of capital. | |
| (k) | Fund investment objective is to seek current income consistent with the preservation of capital. | |
| (l) | Fund investment objective is long-term capital appreciation. | |
| (m) | Fund investment objective is to generate current income and, to a lesser extent, long-term capital appreciation. |
| See Notes to Schedule of Investments. | 197 |
Schedule of Investments (unaudited)(concluded)
MULTI-ASSET BALANCED OPPORTUNITY FUND August 31, 2026
| (n) | Restricted securities (including private placement) – investments in securities not registered under the Securities Act of 1933 (excluding 144A issues). At August 31, 2026, the value of restricted securities (excluding 144A issues) amounted to $49,544,501 or 2.44% of net assets. | |
| (o) | Fund is a business development company under the Investment Company Act of 1940. |
The following is a summary of the inputs used as of August 31, 2026 in valuing the Fund’s investments carried at fair value(1):
| Investment Type(2) | Level 1 | Level 2 | Level 3 | Total | ||||||||||||
| Long-Term Investments | ||||||||||||||||
| Investments in Affiliated Funds | $ | 1,977,786,256 | $ | 49,544,501 | $ | – | $ | 2,027,330,757 | ||||||||
| Short-Term Investments | ||||||||||||||||
| Repurchase Agreements | – | 1,629,606 | – | 1,629,606 | ||||||||||||
| Total | $ | 1,977,786,256 | $ | 51,174,107 | $ | – | $ | 2,028,960,363 | ||||||||
| (1) | Refer to Note 2(a) for a description of fair value measurements and the three-tier hierarchy of inputs. | |
| (2) | See Schedule of Investments for fair values in each investment in Affiliated Funds. When applicable, each Level 3 security is identified on the Schedule of Investments along with the valuation technique utilized. |
A reconciliation of Level 3 investments is presented when the Fund has a material amount of Level 3 investments at the beginning or end of the period in relation to the Fund’s net assets.
| 198 | See Notes to Schedule of Investments. |
Schedule of Investments (unaudited)
MULTI-ASSET INCOME FUND August 31, 2026
| Investments | Shares | Fair Value | ||||||
| LONG-TERM INVESTMENTS 99.94% | ||||||||
| INVESTMENTS IN AFFILIATED FUNDS(a) 99.94% | ||||||||
| Lord Abbett Affiliated Fund, Inc.-Class I(b)(c) | 1,602,371 | $ | 36,325,751 | |||||
| Lord Abbett Investment Trust-Core Fixed Income Fund-Class I(b)(d) | 24,923,563 | 225,558,247 | ||||||
| Lord Abbett Investment Trust-Core Plus Bond Fund-Class I(b)(d) | 9,185,090 | 115,089,185 | ||||||
| Lord Abbett Research Fund, Inc.-Dividend Growth Fund-Class I(b)(e) | 2,392,061 | 66,044,810 | ||||||
| Lord Abbett Securities Trust-Fundamental Equity Fund-Class I(b)(c) | 3,857,240 | 68,658,883 | ||||||
| Lord Abbett Securities Trust-Growth Leaders Fund-Class I*(b)(f) | 969,126 | 57,876,203 | ||||||
| Lord Abbett Investment Trust-High Yield Fund-Class I(b)(g) | 10,391,902 | 65,053,305 | ||||||
| Lord Abbett Securities Trust-International Equity Fund-Class I(b)(h) | 1,907,584 | 40,307,246 | ||||||
| Lord Abbett Securities Trust-International Value Fund-Class I(b)(i) | 2,653,108 | 32,527,099 | ||||||
| Lord Abbett Investment Trust-Short Duration Income Fund-Class I(b)(j) | 3,220,466 | 30,948,678 | ||||||
| Lord Abbett Investment Trust-Ultra Short Bond Fund-Class I(b)(k) | 1,264,349 | 12,656,130 | ||||||
| Lord Abbett Private Credit Fund(l)(m)(n) | 874,021 | 21,675,706 | ||||||
| Total Investments in Affiliated Funds (cost $703,801,337) | 772,721,243 | |||||||
| Total Investments in Securities 99.94% (cost $703,801,337) | 772,721,243 | |||||||
| Other Assets and Liabilities – Net 0.06% | 501,647 | |||||||
| Net Assets 100.00% | $ | 773,222,890 | ||||||
| * | Non-income producing security. | |
| (a) | See Note 5. | |
| (b) | These investments offer daily redemptions. | |
| (c) | Fund investment objective is long-term growth of capital and income without excessive fluctuations in market value. | |
| (d) | Fund investment objective is to seek income and capital appreciation to produce a high total return. | |
| (e) | Fund investment objective is to seek current income and capital appreciation. | |
| (f) | Fund investment objective is to seek capital appreciation. | |
| (g) | Fund investment objective is to seek a high current income and the opportunity for capital appreciation to produce a high total return. | |
| (h) | Fund investment objective is to seek long-term capital appreciation. | |
| (i) | Fund investment objective is to seek a high level of total return. | |
| (j) | Fund investment objective is to seek a high level of income consistent with preservation of capital. | |
| (k) | Fund investment objective is to seek current income consistent with the preservation of capital. | |
| (l) | Fund investment objective is to generate current income and, to a lesser extent, long-term capital appreciation. | |
| (m) | Restricted securities (including private placement) – investments in securities not registered under the Securities Act of 1933 (excluding 144A issues). At August 31, 2026, the value of restricted securities (excluding 144A issues) amounted to $21,675,706 or 2.80% of net assets. | |
| (n) | Fund is a business development company under the Investment Company Act of 1940. |
| See Notes to Schedule of Investments. | 199 |
Schedule of Investments (unaudited)(concluded)
MULTI-ASSET INCOME FUND August 31, 2026
The following is a summary of the inputs used as of August 31, 2026 in valuing the Fund’s investments carried at fair value(1):
| Investment Type(2) | Level 1 | Level 2 | Level 3 | Total | ||||||||||||
| Long-Term Investments | ||||||||||||||||
| Investments in Affiliated Funds | $ | 751,045,537 | $ | 21,675,706 | $ | – | $ | 772,721,243 | ||||||||
| Total | $ | 751,045,537 | $ | 21,675,706 | $ | – | $ | 772,721,243 | ||||||||
| (1) | Refer to Note 2(a) for a description of fair value measurements and the three-tier hierarchy of inputs. | |
| (2) | See Schedule of Investments for fair values in each investment in Affiliated Funds. When applicable, each Level 3 security is identified on the Schedule of Investments along with the valuation technique utilized. |
A reconciliation of Level 3 investments is presented when the Fund has a material amount of Level 3 investments at the beginning or end of the period in relation to the Fund’s net assets.
| 200 | See Notes to Schedule of Investments. |
Schedule of Investments (unaudited)
SHORT DURATION CORE BOND FUND August 31, 2026
| Investments | Interest Rate | Maturity Date | Principal Amount | Fair Value | ||||||||
| LONG-TERM INVESTMENTS 100.74% | ||||||||||||
| ASSET-BACKED SECURITIES 24.55% | ||||||||||||
| Automobiles 9.82% | ||||||||||||
| Ally Bank Auto Credit-Linked Notes Series 2024-A Class B† | 5.827% | 5/17/2032 | $ | 691,827 | $ | 698,746 | ||||||
| Ally Bank Auto Credit-Linked Notes Series 2025-A Class B† | 4.648% | 6/15/2033 | 861,080 | 859,717 | ||||||||
| AmeriCredit Automobile Receivables Trust Series 2023-2 Class A3 | 5.81% | 5/18/2028 | 287,417 | 287,947 | ||||||||
| AmeriCredit Automobile Receivables Trust Series 2024-1 Class A3 | 5.43% | 1/18/2029 | 388,361 | 389,702 | ||||||||
| Bayview Opportunity Master Fund VII LLC Series 2024-CAR1 Class C† | 5.143% (30 day USD SOFR Average + 1.50%) | # | 12/26/2031 | 834,276 | 835,674 | |||||||
| CarMax Auto Owner Trust Series 2023-1 Class B | 4.98% | 1/16/2029 | 1,310,000 | 1,313,515 | ||||||||
| CarMax Auto Owner Trust Series 2023-2 Class B | 5.18% | 11/15/2028 | 850,000 | 853,756 | ||||||||
| CarMax Auto Owner Trust Series 2023-2 Class D | 6.55% | 10/15/2029 | 1,213,000 | 1,225,314 | ||||||||
| CarMax Select Receivables Trust Series 2026-B Class A3 | 4.64% | 12/16/2030 | 795,000 | 794,170 | ||||||||
| Carvana Auto Receivables Trust Series 2023-P3 Class A4† | 5.71% | 7/10/2029 | 1,062,000 | 1,072,694 | ||||||||
| Carvana Auto Receivables Trust Series 2023-P4 Class A3† | 6.16% | 10/10/2028 | 393,432 | 394,558 | ||||||||
| Carvana Auto Receivables Trust Series 2024-P1 Class A4† | 5.08% | 3/11/2030 | 1,110,000 | 1,117,123 | ||||||||
| Carvana Auto Receivables Trust Series 2026-P3 Class A3 | 4.76% | 8/11/2031 | 1,070,000 | 1,067,955 | ||||||||
| Chase Auto Owner Trust Series 2024-1A Class A3† | 5.13% | 5/25/2029 | 1,010,338 | 1,014,377 | ||||||||
| Citizens Auto Receivables Trust Series 2023-1 Class A3† | 5.84% | 1/18/2028 | 11,982 | 11,990 | ||||||||
| Citizens Auto Receivables Trust Series 2023-1 Class A4† | 5.78% | 10/15/2030 | 1,200,000 | 1,205,071 | ||||||||
| Citizens Auto Receivables Trust Series 2023-2 Class A4† | 5.74% | 10/15/2030 | 1,145,000 | 1,151,541 | ||||||||
| Consumer Portfolio Services Auto Trust Series 2025-A Class C† | 5.25% | 4/15/2031 | 850,000 | 852,665 | ||||||||
| CPS Auto Receivables Trust Series 2024-D Class C† | 4.76% | 1/15/2031 | 1,510,000 | 1,511,570 | ||||||||
| Enterprise Fleet Financing LLC Series 2025-3 Class A4† | 4.64% | 3/22/2032 | 1,545,000 | 1,538,924 | ||||||||
| See Notes to Schedule of Investments. | 201 |
Schedule of Investments (unaudited)(continued)
SHORT DURATION CORE BOND FUND August 31, 2026
| Investments | Interest Rate | Maturity Date | Principal Amount | Fair Value | ||||||||
| Automobiles (continued) | ||||||||||||
| Exeter Automobile Receivables Trust Series 2023-1A Class D | 6.69% | 6/15/2029 | $ | 617,858 | $ | 621,375 | ||||||
| Exeter Automobile Receivables Trust Series 2024-2A Class C | 5.74% | 5/15/2029 | 719,231 | 721,815 | ||||||||
| Fifth Third Auto Trust Series 2023-1 Class A4 | 5.52% | 2/17/2031 | 1,565,000 | 1,574,643 | ||||||||
| Ford Credit Auto Owner Trust Series 2022-D Class C | 6.46% | 5/15/2030 | 2,260,000 | 2,261,819 | ||||||||
| Ford Credit Auto Owner Trust Series 2023-B Class C | 5.71% | 12/15/2030 | 1,275,000 | 1,284,954 | ||||||||
| GM Financial Automobile Leasing Trust Series 2026-1 Class A4 | 3.98% | 1/22/2030 | 1,165,000 | 1,153,381 | ||||||||
| GM Financial Automobile Leasing Trust Series 2026-3 Class A4 | 4.62% | 7/22/2030 | 2,330,000 | 2,326,712 | ||||||||
| GM Financial Consumer Automobile Receivables Trust Series 2023-4 Class A3 | 5.78% | 8/16/2028 | 557,270 | 560,187 | ||||||||
| GM Financial Consumer Automobile Receivables Trust Series 2024-2 Class B | 5.28% | 10/16/2029 | 1,357,000 | 1,367,983 | ||||||||
| Hyundai Auto Receivables Trust Series 2023-C Class A4 | 5.55% | 12/17/2029 | 1,020,000 | 1,029,937 | ||||||||
| Hyundai Auto Receivables Trust Series 2023-C Class B | 6.01% | 12/17/2029 | 710,000 | 722,317 | ||||||||
| Hyundai Auto Receivables Trust Series 2024-B Class C | 5.29% | 10/15/2031 | 1,670,000 | 1,685,702 | ||||||||
| LAD Auto Receivables Trust Series 2024-2A Class A3† | 5.61% | 8/15/2028 | 44,010 | 44,032 | ||||||||
| LAD Auto Receivables Trust Series 2026-2A Class A3† | 4.33% | 8/15/2031 | 1,730,000 | 1,715,270 | ||||||||
| LAD Select Auto Receivables Trust Series 2026-A Class A2† | 4.59% | 4/16/2029 | 1,980,000 | 1,980,198 | ||||||||
| Mercedes-Benz Auto Receivables Trust Series 2023-2 Class A3 | 5.95% | 11/15/2028 | 617,235 | 621,674 | ||||||||
| Mercedes-Benz Auto Receivables Trust Series 2023-2 Class A4 | 6.01% | 1/15/2031 | 1,500,000 | 1,525,327 | ||||||||
| Merchants Fleet Funding LLC Series 2024-1A Class A† | 5.82% | 4/20/2037 | 625,380 | 626,335 | ||||||||
| Octane Receivables Trust Series 2023-1A Class C† | 6.37% | 9/20/2029 | 961,119 | 965,279 | ||||||||
| Octane Receivables Trust Series 2024-3A Class A2† | 4.94% | 5/20/2030 | 666,912 | 668,433 | ||||||||
| Santander Bank Auto Credit-Linked Notes Series 2023-A Class A2† | 6.026% | 6/15/2033 | 966,052 | 974,899 | ||||||||
| Santander Bank Auto Credit-Linked Notes Series 2026-A Class B† | 4.806% | 7/17/2034 | 1,290,000 | 1,284,599 | ||||||||
| 202 | See Notes to Schedule of Investments. |
Schedule of Investments (unaudited)(continued)
SHORT DURATION CORE BOND FUND August 31, 2026
| Investments | Interest Rate | Maturity Date | Principal Amount | Fair Value | ||||||||
| Automobiles (continued) | ||||||||||||
| Santander Drive Auto Receivables Trust Series 2023-1 Class C | 5.09% | 5/15/2030 | $ | 1,486,816 | $ | 1,490,459 | ||||||
| Santander Drive Auto Receivables Trust Series 2023-5 Class B | 6.16% | 12/17/2029 | 1,250,879 | 1,257,364 | ||||||||
| Santander Drive Auto Receivables Trust Series 2024-1 Class C | 5.45% | 3/15/2030 | 1,240,000 | 1,246,038 | ||||||||
| Santander Drive Auto Receivables Trust Series 2024-2 Class B | 5.78% | 7/16/2029 | 1,967,993 | 1,975,913 | ||||||||
| SCCU Auto Receivables Trust Series 2023-1A Class A4† | 5.70% | 8/15/2029 | 1,475,000 | 1,485,995 | ||||||||
| Stellantis Financial Floorplan Master Auto Owner Trust Series 2026-1A Class A† | 4.77% | 8/20/2031 | 1,080,000 | 1,081,064 | ||||||||
| U.S. Bank NA Series 2026-RVM1 Class B1† | 4.959% | 12/25/2046 | 1,173,150 | 1,152,598 | ||||||||
| Western Funding Auto Loan Trust Series 2025-1 Class A† | 4.75% | 7/16/2035 | 1,585,000 | 1,582,869 | ||||||||
| Westlake Automobile Receivables Trust Series 2023-1A Class D† | 6.79% | 11/15/2028 | 1,580,000 | 1,592,091 | ||||||||
| Westlake Automobile Receivables Trust Series 2024-1A Class C† | 5.65% | 2/15/2029 | 1,468,089 | 1,473,795 | ||||||||
| Westlake Automobile Receivables Trust Series 2024-1A Class D† | 6.02% | 10/15/2029 | 2,200,000 | 2,227,392 | ||||||||
| Westlake Automobile Receivables Trust Series 2024-2A Class B† | 5.62% | 3/15/2030 | 811,092 | 812,679 | ||||||||
| World Omni Automobile Lease Securitization Trust Series 2025-A Class B | 4.68% | 5/15/2030 | 570,000 | 570,603 | ||||||||
| Total | 61,862,740 | |||||||||||
| Credit Card 0.65% | ||||||||||||
| Robinhood Credit Card Trust Series 2026-1A Class A† | 4.80% | 7/21/2031 | 1,355,000 | 1,352,498 | ||||||||
| Synchrony Card Funding LLC Series 2026-A1 Class A | 4.18% | 3/15/2032 | 1,067,000 | 1,054,402 | ||||||||
| Synchrony Card Issuance Trust Series 2026-A2 Class A | 4.69% | 7/15/2032 | 1,665,000 | 1,661,229 | ||||||||
| Total | 4,068,129 | |||||||||||
| Other 14.07% | ||||||||||||
| ACREC LLC Series 2026-FL5 Class A† | 4.997% (1 mo. USD Term SOFR + 1.35%) | # | 7/18/2043 | 640,000 | 640,598 | |||||||
| Affirm Master Trust Series 2025-3A Class A† | 4.45% | 10/16/2034 | 1,535,000 | 1,522,210 | ||||||||
| Affirm Master Trust Series 2026-1A Class A† | 4.37% | 2/15/2034 | 980,000 | 973,625 | ||||||||
| Amur Equipment Finance Receivables XIII LLC Series 2024-1A Class A2† | 5.38% | 1/21/2031 | 505,630 | 508,156 | ||||||||
| See Notes to Schedule of Investments. | 203 |
Schedule of Investments (unaudited)(continued)
SHORT DURATION CORE BOND FUND August 31, 2026
| Investments | Interest Rate | Maturity Date | Principal Amount | Fair Value | ||||||||
| Other (continued) | ||||||||||||
| Apex Credit CLO Ltd. Series 2021-1A Class ANR† | 4.949% (3 mo. USD Term SOFR + 1.22%) | # | 7/18/2034 | $ | 3,100,000 | $ | 3,101,243 | |||||
| Arbor Realty Commercial Real Estate Notes LLC Series 2026-FL1 Class A† | 5.153% (1 mo. USD Term SOFR + 1.50%) | # | 9/20/2043 | 1,050,000 | 1,053,633 | |||||||
| Arbor Realty Commercial Real Estate Notes LLC Series 2026-FL2 Class A† | 5.153% (1 mo. USD Term SOFR + 1.50%) | # | 4/20/2044 | 200,000 | 200,313 | |||||||
| ARES Loan Funding V Ltd. Series 2024-ALF5A Class A1R† | 5.03% (3 mo. USD Term SOFR + 1.22%) | # | 7/25/2037 | 1,640,000 | 1,641,348 | |||||||
| ARES LXIV CLO Ltd. Series 2022-64AR Class AR2†(a) | 4.89% (3 mo. USD Term SOFR + 1.20%) | # | 10/22/2039 | 1,310,000 | 1,310,334 | |||||||
| Atlantic Avenue Ltd. Series 2024-3A Class A† | 4.989% (3 mo. USD Term SOFR + 1.26%) | # | 1/20/2035 | 1,880,000 | 1,881,199 | |||||||
| Atlas Senior Loan Fund XXIII Ltd. Series 2024-23A Class A1R† | 5.009% (3 mo. USD Term SOFR + 1.28%) | # | 7/20/2037 | 500,000 | 501,052 | |||||||
| BAR Issuer LLC Series 2026-FL1 Class A† | 5.253% (1 mo. USD Term SOFR + 1.60%) | # | 8/20/2043 | 880,000 | 883,028 | |||||||
| Barrow Hanley CLO III Ltd. Series 2024-3A Class AR† | 4.999% (3 mo. USD Term SOFR + 1.27%) | # | 4/20/2038 | 1,480,000 | 1,480,827 | |||||||
| BBAM U.S. CLO III Ltd. Series 2023-3A Class A1R† | 4.923% (3 mo. USD Term SOFR + 1.17%) | # | 10/15/2038 | 3,060,000 | 3,062,069 | |||||||
| Black Diamond CLO Ltd. Series 2021-1A Class A1AR† | 4.983% (3 mo. USD Term SOFR + 1.25%) | # | 11/22/2034 | 800,000 | 800,006 | |||||||
| BlueMountain CLO XXIX Ltd. Series 2020-29A Class AR2† | 4.86% (3 mo. USD Term SOFR + 1.05%) | # | 7/25/2034 | 3,250,000 | 3,251,511 | |||||||
| BSPRT Issuer LLC Series 2025-FL12 Class A† | 5.025% (1 mo. USD Term SOFR + 1.39%) | # | 1/17/2043 | 1,290,000 | 1,293,266 | |||||||
| CarVal CLO XI C Ltd. Series 2024-3A Class A1† | 5.119% (3 mo. USD Term SOFR + 1.39%) | # | 10/20/2037 | 1,210,000 | 1,211,603 | |||||||
| Cedar Funding XI CLO Ltd. Series 2019-11A Class A1R2† | 4.824% (3 mo. USD Term SOFR + 1.06%) | # | 5/29/2032 | 1,272,590 | 1,275,553 | |||||||
| CQS U.S. CLO Ltd. Series 2023-3A Class A1R† | 5.18% (3 mo. USD Term SOFR + 1.37%) | # | 1/25/2037 | 3,250,000 | 3,253,845 | |||||||
| 204 | See Notes to Schedule of Investments. |
Schedule of Investments (unaudited)(continued)
SHORT DURATION CORE BOND FUND August 31, 2026
| Investments | Interest Rate | Maturity Date | Principal Amount | Fair Value | ||||||||
| Other (continued) | ||||||||||||
| Crown City CLO IV Series 2022-4A Class A1R2† | 5.009% (3 mo. USD Term SOFR + 1.28%) | # | 4/20/2037 | $ | 1,230,000 | $ | 1,232,172 | |||||
| Dell Equipment Finance Trust Series 2025-1 Class D† | 5.64% | 8/22/2031 | 875,000 | 881,493 | ||||||||
| Dryden 104 CLO Ltd. Series 2022-104A Class A1R† | 5.023% (3 mo. USD Term SOFR + 1.29%) | # | 8/20/2034 | 2,040,000 | 2,041,742 | |||||||
| Dryden 42 Senior Loan Fund Series 2016-42A Class A1R3† | 4.943% (3 mo. USD Term SOFR + 1.19%) | # | 7/15/2037 | 920,000 | 921,130 | |||||||
| Eaton Vance CLO Ltd. Series 2019-1A Class AR3† | 5.003% (3 mo. USD Term SOFR + 1.25%) | # | 7/15/2037 | 640,000 | 640,518 | |||||||
| Empower CLO Ltd. Series 2024-1A Class A1R† | 5.09% (3 mo. USD Term SOFR + 1.28%) | # | 4/25/2037 | 3,250,000 | 3,255,622 | |||||||
| Empower CLO Ltd. Series 2024-2AR Class A1R†(a) | – | (b) | 7/15/2037 | 1,130,000 | 1,130,288 | |||||||
| Gracie Point International Funding LLC Series 2025-1A Class A† | 5.121% (30 day USD SOFR Average + 1.50%) | # | 8/15/2028 | 1,065,000 | 1,066,441 | |||||||
| GreenSky Home Improvement Issuer Trust Series 2026-REV1 Class A† | 4.93% | 5/15/2041 | 1,210,000 | 1,206,397 | ||||||||
| HPEFS Equipment Trust Series 2023-2A Class D† | 6.97% | 7/21/2031 | 267,045 | 267,779 | ||||||||
| Katayma CLO II Ltd. Series 2024-2A Class A1R† | 4.979% (3 mo. USD Term SOFR + 1.25%) | # | 4/20/2037 | 550,000 | 550,273 | |||||||
| Kennedy Lewis CLO 13 Ltd. Series 2023-13A Class A1R† | 4.869% (3 mo. USD Term SOFR + 1.14%) | # | 1/20/2038 | 2,300,000 | 2,300,575 | |||||||
| KKR CLO 40 Ltd. Series 40A Class AR† | 5.029% (3 mo. USD Term SOFR + 1.30%) | # | 10/20/2034 | 229,050 | 229,163 | |||||||
| LCM 33 Ltd. Series 33A Class AR† | 4.909% (3 mo. USD Term SOFR + 1.18%) | # | 7/20/2034 | 1,450,000 | 1,450,629 | |||||||
| LCM 34 Ltd. Series 34A Class A1R† | 4.909% (3 mo. USD Term SOFR + 1.18%) | # | 10/20/2034 | 1,820,000 | 1,821,587 | |||||||
| LCM 39 Ltd. Series 39A Class A2R2† | 5.053% (3 mo. USD Term SOFR + 1.30%) | # | 10/15/2034 | 537,500 | 536,708 | |||||||
| Lendmark Funding Trust Series 2026-1A Class A† | 4.80% | 11/20/2035 | 505,000 | 500,215 | ||||||||
| M&T Equipment Notes Series 2024-1A Class A4† | 4.94% | 8/18/2031 | 1,520,000 | 1,524,162 | ||||||||
| Marble Point CLO XXIII Ltd. Series 2021-4A Class A1R† | 4.893% (3 mo. USD Term SOFR + 1.16%) | # | 1/22/2035 | 300,000 | 300,301 | |||||||
| See Notes to Schedule of Investments. | 205 |
Schedule of Investments (unaudited)(continued)
SHORT DURATION CORE BOND FUND August 31, 2026
| Investments | Interest Rate | Maturity Date | Principal Amount | Fair Value | ||||||||
| Other (continued) | ||||||||||||
| Mariner Finance Issuance Trust Series 2024-AA Class B† | 5.68% | 9/22/2036 | $ | 1,245,000 | $ | 1,251,595 | ||||||
| Nassau Ltd. Series 2020-1A Class A1RR† | 4.853% (3 mo. USD Term SOFR + 1.10%) | # | 1/15/2035 | 2,521,515 | 2,521,707 | |||||||
| Neuberger Berman Loan Advisers CLO 54 Ltd. Series 2024-54A Class AR† | 4.952% (3 mo. USD Term SOFR + 1.20%) | # | 4/23/2038 | 1,620,000 | 1,625,691 | |||||||
| NMEF Funding LLC Series 2025-B Class A2† | 4.64% | 1/18/2033 | 321,143 | 321,471 | ||||||||
| Oaktree CLO Ltd. Series 2019-4A Class AR3† | 4.959% (3 mo. USD Term SOFR + 1.23%) | # | 7/20/2037 | 1,380,000 | 1,380,943 | |||||||
| OneMain Financial Issuance Trust Series 2023-1A Class A† | 5.50% | 6/14/2038 | 1,955,000 | 1,979,821 | ||||||||
| PEAC Solutions Receivables LLC Series 2024-2A Class A2† | 4.74% | 4/20/2027 | 50,557 | 50,571 | ||||||||
| PEAC Solutions Receivables LLC Series 2025-1A Class A2† | 4.94% | 10/20/2028 | 961,418 | 963,901 | ||||||||
| PEAC Solutions Receivables LLC Series 2026-1A Class A2† | 4.27% | 10/20/2028 | 1,765,000 | 1,759,962 | ||||||||
| PEAC Solutions Receivables LLC Series 2026-1A Class A3† | 4.39% | 7/20/2033 | 1,615,000 | 1,599,363 | ||||||||
| PFP Ltd. Series 2026-14 Class A† | 4.959% (1 mo. USD Term SOFR + 1.32%) | # | 12/18/2043 | 1,010,000 | 1,010,960 | |||||||
| Post Road Equipment Finance LLC Series 2025-1A Class A2† | 4.90% | 5/15/2031 | 658,731 | 660,616 | ||||||||
| Post Road Equipment Finance LLC Series 2026-1A Class B† | 4.91% | 2/15/2033 | 2,510,000 | 2,484,671 | ||||||||
| SCF Equipment Leasing LLC Series 2024-1A Class A3† | 5.52% | 1/20/2032 | 1,336,625 | 1,345,462 | ||||||||
| Sixth Street CLO XXIV Ltd. Series 2024-24A Class A1R† | 4.992% (3 mo. USD Term SOFR + 1.24%) | # | 4/23/2037 | 1,000,000 | 1,003,172 | |||||||
| Sound Point CLO XXIX Ltd. Series 2021-1A Class B1R† | 5.41% (3 mo. USD Term SOFR + 1.60%) | # | 4/25/2034 | 580,000 | 580,922 | |||||||
| Sound Point CLO XXXI Ltd. Series 2021-3A Class AR† | 4.88% (3 mo. USD Term SOFR + 1.07%) | # | 10/25/2034 | 1,630,000 | 1,631,014 | |||||||
| Sycamore Tree CLO Ltd. Series 2023-3A Class A1R2† | 4.989% (3 mo. USD Term SOFR + 1.26%) | # | 4/20/2037 | 2,250,000 | 2,254,055 | |||||||
| Trimaran CAVU Ltd. Series 2021-2A Class AR† | 4.83% (3 mo. USD Term SOFR + 1.02%) | # | 10/25/2034 | 1,000,000 | 1,000,658 | |||||||
| Trysail CLO Ltd. Series 2021-1A Class A1R† | 5.079% (3 mo. USD Term SOFR + 1.35%) | # | 10/20/2036 | 1,570,000 | 1,571,733 | |||||||
| 206 | See Notes to Schedule of Investments. |
Schedule of Investments (unaudited)(continued)
SHORT DURATION CORE BOND FUND August 31, 2026
| Investments | Interest Rate | Maturity Date | Principal Amount | Fair Value | ||||||||
| Other (continued) | ||||||||||||
| U.S. Bank NA Series 2025-SUP1 Class B† | 5.582% | 2/25/2032 | $ | 310,959 | $ | 309,309 | ||||||
| Verdant Receivables LLC Series 2024-1A Class C† | 6.25% | 12/12/2031 | 1,190,000 | 1,210,355 | ||||||||
| Verdant Receivables LLC Series 2025-1A Class A2† | 4.85% | 3/13/2028 | 757,384 | 758,882 | ||||||||
| VFI ABS LLC Series 2025-1A Class A† | 4.78% | 6/24/2030 | 931,451 | 932,258 | ||||||||
| Vibrant CLO XII Ltd. Series 2021-12A Class A1A2† | 4.879% (3 mo. USD Term SOFR + 1.15%) | # | 4/20/2034 | 337,941 | 338,083 | |||||||
| Voya CLO Ltd. Series 2015-3A Class A3R4† | 5.125% (3 mo. USD Term SOFR + 1.45%) | # | 10/20/2031 | 1,890,000 | 1,890,001 | |||||||
| Wind River CLO Ltd. Series 2022-1A Class ARR† | 4.879% (3 mo. USD Term SOFR + 1.15%) | # | 7/20/2035 | 1,360,000 | 1,361,100 | |||||||
| Wind River CLO Ltd. Series 2024-1A Class AR† | 5.059% (3 mo. USD Term SOFR + 1.33%) | # | 4/20/2037 | 1,300,000 | 1,302,768 | |||||||
| Wingspire Equipment Finance LLC Series 2025-1A Class A2† | 4.33% | 9/20/2033 | 1,777,072 | 1,773,855 | ||||||||
| Total | 88,577,513 | |||||||||||
| Student Loan 0.01% | ||||||||||||
| Navient Private Education Refi Loan Trust Series 2022-A Class A† | 2.23% | 7/15/2070 | 98,962 | 89,802 | ||||||||
| Total Asset-Backed Securities (cost $154,967,482) | 154,598,184 | |||||||||||
| CORPORATE BONDS 39.52% | ||||||||||||
| Aerospace/Defense 0.08% | ||||||||||||
| Spirit AeroSystems, Inc. | 4.60% | 6/15/2028 | 507,000 | 505,568 | ||||||||
| Agriculture 0.23% | ||||||||||||
| Imperial Brands Finance PLC (United Kingdom)†(c) | 4.875% | 2/7/2032 | 560,000 | 547,940 | ||||||||
| Japan Tobacco, Inc. (Japan)†(c) | 5.25% | 6/15/2030 | 870,000 | 878,446 | ||||||||
| Total | 1,426,386 | |||||||||||
| Airlines 0.32% | ||||||||||||
| Air Canada Pass-Through Trust Class A (Canada)†(c) | 3.60% | 9/15/2028 | 858,211 | 852,565 | ||||||||
| United Airlines Pass-Through Trust Class A | 5.875% | 4/15/2029 | 1,158,325 | 1,169,060 | ||||||||
| Total | 2,021,625 | |||||||||||
| Auto Manufacturers 0.55% | ||||||||||||
| Ford Holdings LLC | 9.30% | 3/1/2030 | 652,000 | 722,676 | ||||||||
| Ford Motor Credit Co. LLC | 5.431% | 8/13/2029 | 715,000 | 715,005 | ||||||||
| See Notes to Schedule of Investments. | 207 |
Schedule of Investments (unaudited)(continued)
SHORT DURATION CORE BOND FUND August 31, 2026
| Investments | Interest Rate | Maturity Date | Principal Amount | Fair Value | ||||||||
| Auto Manufacturers (continued) | ||||||||||||
| Ford Motor Credit Co. LLC | 5.85% | 5/17/2027 | $ | 449,000 | $ | 451,873 | ||||||
| Ford Motor Credit Co. LLC | 7.35% | 11/4/2027 | 1,549,000 | 1,588,267 | ||||||||
| Total | 3,477,821 | |||||||||||
| Banks 8.57% | ||||||||||||
| ABN AMRO Bank NV (Netherlands)†(c) | 6.339% (1 yr. CMT + 1.65%) | # | 9/18/2027 | 300,000 | 300,198 | |||||||
| AIB Group PLC (Ireland)†(c) | 6.608% (SOFR + 2.33%) | # | 9/13/2029 | 269,000 | 277,400 | |||||||
| Bank of Ireland Group PLC (Ireland)†(c) | 2.029% (1 yr. CMT + 1.10%) | # | 9/30/2027 | 702,000 | 700,575 | |||||||
| Barclays PLC (United Kingdom)(c) | 6.496% (SOFR + 1.88%) | # | 9/13/2027 | 1,512,000 | 1,513,019 | |||||||
| BNP Paribas SA (France)†(c) | 5.125% (1 yr. CMT + 1.45%) | # | 1/13/2029 | 259,000 | 260,029 | |||||||
| BNP Paribas SA (France)†(c) | 5.283% (SOFR + 1.28%) | # | 11/19/2030 | 224,000 | 224,562 | |||||||
| Citigroup, Inc. | 4.643% (SOFR + 1.14%) | # | 5/7/2028 | 1,101,000 | 1,101,181 | |||||||
| Citigroup, Inc. | 4.786% (SOFR + 0.87%) | # | 3/4/2029 | 385,000 | 384,994 | |||||||
| Citizens Financial Group, Inc. | 5.841% (SOFR + 2.01%) | # | 1/23/2030 | 556,000 | 565,962 | |||||||
| First Citizens BancShares, Inc. | 5.231% (SOFR + 1.41%) | # | 3/12/2031 | 1,645,000 | 1,621,115 | |||||||
| First-Citizens Bank & Trust Co. | 5.097% (SOFR + 1.15%) | # | 7/13/2029 | 795,000 | 793,432 | |||||||
| Goldman Sachs Bank USA | 4.656% (SOFR + 0.72%) | # | 6/3/2029 | 1,715,000 | 1,709,921 | |||||||
| Goldman Sachs Group, Inc. | 2.64% (SOFR + 1.11%) | # | 2/24/2028 | 3,003,000 | 2,976,791 | |||||||
| Goldman Sachs Group, Inc. | 4.148% (SOFR + 0.71%) | # | 1/21/2029 | 1,616,000 | 1,602,028 | |||||||
| Goldman Sachs Group, Inc. | 5.207% (SOFR + 1.08%) | # | 1/28/2031 | 3,231,000 | 3,234,204 | |||||||
| Goldman Sachs Group, Inc. | 5.218% (SOFR + 1.58%) | # | 4/23/2031 | 2,087,000 | 2,088,703 | |||||||
| Goldman Sachs Group, Inc. | 5.727% (SOFR + 1.27%) | # | 4/25/2030 | 294,000 | 298,888 | |||||||
| HSBC Holdings PLC (United Kingdom)(c) | 4.899% (SOFR + 1.03%) | # | 3/3/2029 | 549,000 | 549,910 | |||||||
| Intesa Sanpaolo SpA (Italy)†(c) | 5.00% (1 yr. CMT + 0.80%) | # | 6/29/2030 | 340,000 | 338,200 | |||||||
| 208 | See Notes to Schedule of Investments. |
Schedule of Investments (unaudited)(continued)
SHORT DURATION CORE BOND FUND August 31, 2026
| Investments | Interest Rate | Maturity Date | Principal Amount | Fair Value | ||||||||
| Banks (continued) | ||||||||||||
| JPMorgan Chase & Co. | 2.947% (SOFR + 1.17%) | # | 2/24/2028 | $ | 2,504,000 | $ | 2,485,672 | |||||
| JPMorgan Chase & Co. | 3.54% (3 mo. USD Term SOFR + 1.64%) | # | 5/1/2028 | 962,000 | 955,442 | |||||||
| JPMorgan Chase & Co. | 3.702% (3 mo. USD Term SOFR + 1.42%) | # | 5/6/2030 | 178,000 | 172,495 | |||||||
| JPMorgan Chase & Co. | 4.323% (SOFR + 1.56%) | # | 4/26/2028 | 234,000 | 233,582 | |||||||
| JPMorgan Chase & Co. | 4.408% (SOFR + 0.82%) | # | 4/23/2030 | 885,000 | 873,306 | |||||||
| JPMorgan Chase & Co. | 5.012% (SOFR + 1.31%) | # | 1/23/2030 | 2,147,000 | 2,153,149 | |||||||
| JPMorgan Chase & Co. | 5.581% (SOFR + 1.16%) | # | 4/22/2030 | 167,000 | 169,620 | |||||||
| Macquarie Group Ltd. (Australia)†(c)(d) | 3.763% (3 mo. USD Term SOFR + 1.63%) | # | 11/28/2028 | 754,000 | 744,370 | |||||||
| Morgan Stanley | 4.133% (SOFR + 0.91%) | # | 10/18/2029 | 396,000 | 389,747 | |||||||
| Morgan Stanley | 4.238% (SOFR + 0.80%) | # | 1/9/2030 | 750,000 | 737,712 | |||||||
| Morgan Stanley | 4.356% (SOFR + 1.07%) | # | 10/22/2031 | 394,000 | 381,230 | |||||||
| Morgan Stanley | 4.555% (SOFR + 0.96%) | # | 4/10/2030 | 1,170,000 | 1,156,928 | |||||||
| Morgan Stanley | 4.708% (SOFR + 1.20%) | # | 3/12/2032 | 2,246,000 | 2,192,927 | |||||||
| Morgan Stanley | 4.868% (SOFR + 0.85%) | # | 7/12/2029 | 420,000 | 420,106 | |||||||
| Morgan Stanley | 4.994% (SOFR + 1.38%) | # | 4/12/2029 | 549,000 | 550,883 | |||||||
| Morgan Stanley | 5.042% (SOFR + 1.22%) | # | 7/19/2030 | 2,500,000 | 2,503,792 | |||||||
| Morgan Stanley | 5.449% (SOFR + 1.63%) | # | 7/20/2029 | 5,196,000 | 5,250,583 | |||||||
| Santander U.K. Group Holdings PLC (United Kingdom)(c) | 4.32% (SOFR + 1.07%) | # | 9/22/2029 | 348,000 | 343,631 | |||||||
| Santander U.K. Group Holdings PLC (United Kingdom)(c) | 6.534% (SOFR + 2.60%) | # | 1/10/2029 | 391,000 | 399,172 | |||||||
| Standard Chartered PLC (United Kingdom)†(c) | 4.299% (1 yr. CMT + 0.77%) | # | 1/13/2030 | 448,000 | 440,410 | |||||||
| See Notes to Schedule of Investments. | 209 |
Schedule of Investments (unaudited)(continued)
SHORT DURATION CORE BOND FUND August 31, 2026
| Investments | Interest Rate | Maturity Date | Principal Amount | Fair Value | ||||||||
| Banks (continued) | ||||||||||||
| Standard Chartered PLC (United Kingdom)†(c) | 5.688% (1 yr. CMT + 1.05%) | # | 5/14/2028 | $ | 332,000 | $ | 334,151 | |||||
| Standard Chartered PLC (United Kingdom)†(c) | 6.75% (1 yr. CMT + 1.85%) | # | 2/8/2028 | 335,000 | 337,930 | |||||||
| Toronto-Dominion Bank (Canada)(c) | 3.625% (5 yr. USD Swap + 2.21%) | # | 9/15/2031 | 3,274,000 | 3,272,581 | |||||||
| Truist Financial Corp. | 4.957% (SOFR + 0.88%) | # | 7/23/2030 | 279,000 | 278,198 | |||||||
| Wells Fargo & Co. | 5.707% (SOFR + 1.07%) | # | 4/22/2028 | 3,131,000 | 3,153,023 | |||||||
| Westpac Banking Corp. (Australia)(c) | 4.322% (5 yr. USD SOFR ICE Swap + 2.24%) | # | 11/23/2031 | 800,000 | 799,409 | |||||||
| Zions Bancorp NA | 4.483% (SOFR + 1.06%) | # | 2/9/2029 | 1,879,000 | 1,861,147 | |||||||
| Zions Bancorp NA | 4.704% (SOFR + 1.16%) | # | 8/18/2028 | 856,000 | 853,060 | |||||||
| Total | 53,985,368 | |||||||||||
| Beverages 0.18% | ||||||||||||
| Bacardi Ltd.† | 4.70% | 5/15/2028 | 1,153,000 | 1,147,499 | ||||||||
| Biotechnology 0.15% | ||||||||||||
| Illumina, Inc. | 4.65% | 9/9/2026 | 305,000 | 305,019 | ||||||||
| Illumina, Inc. | 4.75% | 12/12/2030 | 470,000 | 462,373 | ||||||||
| Vylor, Inc.† | 5.125% | 8/15/2031 | 185,000 | 184,513 | ||||||||
| Total | 951,905 | |||||||||||
| Chemicals 0.20% | ||||||||||||
| SNF Group SACA (France)†(c) | 3.375% | 3/15/2030 | 1,325,000 | 1,240,788 | ||||||||
| Commercial Services 0.78% | ||||||||||||
| Global Payments, Inc. | 2.15% | 1/15/2027 | 941,000 | 932,800 | ||||||||
| Global Payments, Inc. | 4.50% | 11/15/2028 | 681,000 | 671,690 | ||||||||
| Global Payments, Inc. | 4.875% | 11/15/2030 | 251,000 | 244,393 | ||||||||
| Quanta Services, Inc. | 2.90% | 10/1/2030 | 1,690,000 | 1,551,281 | ||||||||
| Rentokil Terminix Funding LLC† | 5.00% | 4/28/2030 | 1,500,000 | 1,489,856 | ||||||||
| Total | 4,890,020 | |||||||||||
| Diversified Financial Services 3.55% | ||||||||||||
| Aercap Funding DAC (Ireland)(c) | 4.875% | 7/7/2031 | 382,000 | 375,084 | ||||||||
| Aircastle Ltd.† | 6.50% | 7/18/2028 | 727,000 | 746,204 | ||||||||
| Aircastle Ltd./Aircastle Ireland DAC† | 5.00% | 9/15/2030 | 573,000 | 565,761 | ||||||||
| Atlas Warehouse Lending Co. LP† | 4.625% | 11/15/2028 | 1,454,000 | 1,434,068 | ||||||||
| Atlas Warehouse Lending Co. LP† | 6.25% | 1/15/2030 | 2,122,000 | 2,170,676 | ||||||||
| 210 | See Notes to Schedule of Investments. |
Schedule of Investments (unaudited)(continued)
SHORT DURATION CORE BOND FUND August 31, 2026
| Investments | Interest Rate | Maturity Date | Principal Amount | Fair Value | ||||||||
| Diversified Financial Services (continued) | ||||||||||||
| Aviation Capital Group LLC† | 1.95% | 9/20/2026 | $ | 1,852,000 | $ | 1,849,641 | ||||||
| Aviation Capital Group LLC† | 3.50% | 11/1/2027 | 578,000 | 569,131 | ||||||||
| Aviation Capital Group LLC† | 4.25% | 4/30/2029 | 208,000 | 203,919 | ||||||||
| Avilease Capital Ltd. (Cayman Islands)†(c) | 4.75% | 11/12/2030 | 739,000 | 717,722 | ||||||||
| Avilease Capital Ltd. (Cayman Islands)†(c) | 5.50% | 6/30/2031 | 225,000 | 223,955 | ||||||||
| Avolon Holdings Funding Ltd. (Ireland)†(c) | 2.75% | 2/21/2028 | 80,000 | 77,540 | ||||||||
| Avolon Holdings Funding Ltd. (Ireland)†(c) | 4.20% | 4/15/2029 | 297,000 | 290,162 | ||||||||
| Avolon Holdings Funding Ltd. (Ireland)†(c) | 5.75% | 3/1/2029 | 326,000 | 330,532 | ||||||||
| Avolon Holdings Funding Ltd. (Ireland)†(c) | 5.75% | 11/15/2029 | 464,000 | 470,880 | ||||||||
| Avolon Holdings Funding Ltd. (Ireland)†(c) | 6.375% | 5/4/2028 | 759,000 | 775,557 | ||||||||
| Citadel Securities Global Holdings LLC† | 5.50% | 6/18/2030 | 1,272,000 | 1,275,685 | ||||||||
| Intercontinental Exchange, Inc. | 4.90% | 9/1/2031 | 385,000 | 383,307 | ||||||||
| LPL Holdings, Inc.† | 4.625% | 11/15/2027 | 1,869,000 | 1,856,957 | ||||||||
| LPL Holdings, Inc. | 4.90% | 4/3/2028 | 263,000 | 262,855 | ||||||||
| LPL Holdings, Inc. | 5.70% | 5/20/2027 | 182,000 | 183,355 | ||||||||
| LPL Holdings, Inc. | 6.75% | 11/17/2028 | 222,000 | 229,891 | ||||||||
| Macquarie Airfinance Holdings Ltd. (United Kingdom)†(c) | 6.40% | 3/26/2029 | 1,439,000 | 1,477,984 | ||||||||
| Neuberger Berman Group LLC/Neuberger Berman Finance Corp.† | 4.50% | 3/15/2027 | 976,000 | 974,716 | ||||||||
| Stellantis Financial Services U.S. Corp.† | 4.95% | 9/15/2028 | 814,000 | 807,205 | ||||||||
| Sumisho Air Lease Corp.† | 4.85% | 3/24/2031 | 589,000 | 576,604 | ||||||||
| Sumisho Air Lease Corp. | 5.30% | 2/1/2028 | 1,278,000 | 1,285,529 | ||||||||
| Sumisho Air Lease Corp. | 5.85% | 12/15/2027 | 2,200,000 | 2,229,022 | ||||||||
| Total | 22,343,942 | |||||||||||
| Electric 5.07% | ||||||||||||
| Alexander Funding Trust II† | 7.467% | 7/31/2028 | 900,000 | 935,533 | ||||||||
| Capital Power U.S. Holdings, Inc.† | 5.257% | 6/1/2028 | 2,144,000 | 2,147,904 | ||||||||
| Chpe LLC† | 4.875% | 6/30/2031 | 1,905,000 | 1,878,230 | ||||||||
| Cleco Corporate Holdings LLC | 3.375% | 9/15/2029 | 1,040,000 | 979,646 | ||||||||
| Cleveland Electric Illuminating Co.† | 5.00% | 2/15/2030 | 165,000 | 164,850 | ||||||||
| Constellation Energy Generation LLC | 4.625% | 2/1/2029 | 2,166,000 | 2,143,855 | ||||||||
| Constellation Energy Generation LLC | 5.00% | 2/1/2031 | 2,638,000 | 2,614,116 | ||||||||
| Duquesne Light Holdings, Inc.† | 3.616% | 8/1/2027 | 1,006,000 | 995,782 | ||||||||
| ENEL Finance International NV (Netherlands)†(c) | 4.375% | 9/30/2030 | 730,000 | 710,301 | ||||||||
| ENEL Finance International NV (Netherlands)†(c) | 4.625% | 7/13/2029 | 563,000 | 557,728 | ||||||||
| Evergy Missouri West, Inc.† | 5.15% | 12/15/2027 | 1,553,000 | 1,561,310 | ||||||||
| Interstate Power & Light Co. | 5.10% | 9/30/2031 | 277,000 | 276,132 | ||||||||
| ITC Holdings Corp.† | 4.875% | 4/15/2031 | 1,301,000 | 1,283,786 | ||||||||
| ITC Holdings Corp.† | 4.95% | 9/22/2027 | 307,000 | 307,944 | ||||||||
| See Notes to Schedule of Investments. | 211 |
Schedule of Investments (unaudited)(continued)
SHORT DURATION CORE BOND FUND August 31, 2026
| Investments | Interest Rate | Maturity Date | Principal Amount | Fair Value | ||||||||
| Electric (continued) | ||||||||||||
| Jersey Central Power & Light Co. | 4.60% | 1/15/2030 | $ | 927,000 | $ | 915,505 | ||||||
| Liberty Utilities Co.† | 5.10% | 5/15/2031 | 1,294,000 | 1,276,970 | ||||||||
| Liberty Utilities Co.† | 5.577% | 1/31/2029 | 423,000 | 428,255 | ||||||||
| Niagara Mohawk Power Corp.† | 4.647% | 10/3/2030 | 398,000 | 390,975 | ||||||||
| NorthWestern Corp.† | 5.073% | 3/21/2030 | 1,848,000 | 1,851,167 | ||||||||
| NRG Energy, Inc.† | 2.45% | 12/2/2027 | 1,100,000 | 1,068,515 | ||||||||
| NRG Energy, Inc.† | 4.45% | 6/15/2029 | 1,712,000 | 1,676,164 | ||||||||
| Pacific Gas & Electric Co. | 4.55% | 7/1/2030 | 617,428 | 602,051 | ||||||||
| Pacific Gas & Electric Co. | 5.00% | 6/4/2028 | 250,000 | 250,764 | ||||||||
| Pacific Gas & Electric Co. | 6.10% | 1/15/2029 | 1,536,000 | 1,571,699 | ||||||||
| PSEG Power LLC† | 5.20% | 5/15/2030 | 331,000 | 331,507 | ||||||||
| Vistra Operations Co. LLC† | 3.70% | 1/30/2027 | 304,000 | 302,893 | ||||||||
| Vistra Operations Co. LLC† | 4.30% | 10/15/2028 | 1,300,000 | 1,280,191 | ||||||||
| Vistra Operations Co. LLC† | 4.375% | 5/1/2029 | 1,282,000 | 1,254,396 | ||||||||
| Vistra Operations Co. LLC† | 4.55% | 10/30/2028 | 654,000 | 646,985 | ||||||||
| Vistra Operations Co. LLC† | 4.70% | 1/31/2031 | 656,000 | 636,910 | ||||||||
| Vistra Operations Co. LLC† | 6.875% | 4/15/2032 | 884,000 | 912,758 | ||||||||
| Total | 31,954,822 | |||||||||||
| Engineering & Construction 0.48% | ||||||||||||
| Jacobs Engineering Group, Inc. | 6.35% | 8/18/2028 | 1,356,000 | 1,392,162 | ||||||||
| Mexico City Airport Trust (Mexico)(c) | 4.25% | 10/31/2026 | 1,600,000 | 1,598,352 | ||||||||
| Total | 2,990,514 | |||||||||||
| Entertainment 0.27% | ||||||||||||
| Flutter Treasury DAC (Ireland)†(c) | 6.375% | 4/29/2029 | 1,688,000 | 1,709,733 | ||||||||
| Food 0.22% | ||||||||||||
| Conagra Brands, Inc. | 4.85% | 11/1/2028 | 1,407,000 | 1,401,390 | ||||||||
| Gas 0.55% | ||||||||||||
| National Fuel Gas Co. | 4.75% | 9/1/2028 | 963,000 | 959,849 | ||||||||
| National Fuel Gas Co. | 4.75% | 5/15/2029 | 980,000 | 972,241 | ||||||||
| National Fuel Gas Co. | 5.50% | 3/15/2030 | 1,530,000 | 1,544,136 | ||||||||
| Total | 3,476,226 | |||||||||||
| Health Care-Products 0.51% | ||||||||||||
| Baxter International, Inc. | 2.272% | 12/1/2028 | 685,000 | 645,807 | ||||||||
| Baxter International, Inc. | 4.90% | 12/15/2030 | 1,532,000 | 1,505,100 | ||||||||
| Medline Borrower LP/Medline Co-Issuer, Inc.† | 6.25% | 4/1/2029 | 1,035,000 | 1,052,823 | ||||||||
| Total | 3,203,730 | |||||||||||
| 212 | See Notes to Schedule of Investments. |
Schedule of Investments (unaudited)(continued)
SHORT DURATION CORE BOND FUND August 31, 2026
| Investments | Interest Rate | Maturity Date | Principal Amount | Fair Value | ||||||||
| Health Care-Services 1.82% | ||||||||||||
| Adventist Health System | 4.742% | 12/1/2030 | $ | 1,546,000 | $ | 1,517,235 | ||||||
| Beth Israel Lahey Health, Inc. | 4.717% | 7/1/2030 | 1,344,000 | 1,318,141 | ||||||||
| Centene Corp. | 2.45% | 7/15/2028 | 713,000 | 679,567 | ||||||||
| Centene Corp. | 3.00% | 10/15/2030 | 686,000 | 619,101 | ||||||||
| CommonSpirit Health | 4.352% | 9/1/2030 | 3,254,000 | 3,156,648 | ||||||||
| Icon Investments Six DAC (Ireland)†(c) | 5.064% | 8/13/2029 | 216,000 | 215,613 | ||||||||
| Icon Investments Six DAC (Ireland)†(c) | 5.421% | 8/13/2031 | 555,000 | 552,355 | ||||||||
| Icon Investments Six DAC (Ireland)(c) | 5.849% | 5/8/2029 | 3,358,000 | 3,417,802 | ||||||||
| Total | 11,476,462 | |||||||||||
| Insurance 2.35% | ||||||||||||
| AEGON Funding Co. LLC† | 5.50% | 4/16/2027 | 1,693,000 | 1,701,627 | ||||||||
| Aon Corp. | 8.205% | 1/1/2027 | 503,000 | 508,597 | ||||||||
| Assurant, Inc. | 4.90% | 3/27/2028 | 899,000 | 900,389 | ||||||||
| Brighthouse Financial Global Funding†(d) | 2.00% | 6/28/2028 | 2,970,000 | 2,800,321 | ||||||||
| Brighthouse Financial Global Funding† | 5.55% | 4/9/2027 | 1,161,000 | 1,164,144 | ||||||||
| CNO Global Funding† | 4.375% | 9/8/2028 | 346,000 | 341,945 | ||||||||
| CNO Global Funding† | 4.70% | 12/11/2030 | 980,000 | 954,177 | ||||||||
| CNO Global Funding† | 4.875% | 12/10/2027 | 379,000 | 378,969 | ||||||||
| CNO Global Funding† | 5.875% | 6/4/2027 | 681,000 | 687,223 | ||||||||
| Corebridge Global Funding† | 5.20% | 1/12/2029 | 171,000 | 171,671 | ||||||||
| Equitable Financial Life Global Funding† | 5.45% | 3/3/2028 | 339,000 | 341,937 | ||||||||
| F&G Global Funding† | 4.65% | 9/8/2028 | 226,000 | 223,139 | ||||||||
| Jackson Financial, Inc. | 5.17% | 6/8/2027 | 305,000 | 306,120 | ||||||||
| Jackson National Life Global Funding† | 4.55% | 9/9/2030 | 589,000 | 573,390 | ||||||||
| Jackson National Life Global Funding† | 4.70% | 6/5/2028 | 787,000 | 783,741 | ||||||||
| MGIC Investment Corp. | 5.25% | 8/15/2028 | 1,639,000 | 1,635,572 | ||||||||
| Mutual of Omaha Cos Global Funding† | 5.45% | 12/12/2028 | 375,000 | 379,566 | ||||||||
| Protective Life Global Funding†(d) | 5.763% | 7/5/2030 | 923,000 | 944,954 | ||||||||
| Total | 14,797,482 | |||||||||||
| Internet 0.33% | ||||||||||||
| Uber Technologies, Inc.† | 4.50% | 8/15/2029 | 2,119,000 | 2,090,175 | ||||||||
| Investment Companies 0.37% | ||||||||||||
| Blackstone Secured Lending Fund | 2.75% | 9/16/2026 | 2,330,000 | 2,328,273 | ||||||||
| Leisure Time 0.79% | ||||||||||||
| Carnival Corp. Ltd.† | 4.00% | 8/1/2028 | 3,399,000 | 3,329,705 | ||||||||
| Royal Caribbean Cruises Ltd.† | 5.375% | 7/15/2027 | 1,613,000 | 1,615,000 | ||||||||
| Total | 4,944,705 | |||||||||||
| See Notes to Schedule of Investments. | 213 |
Schedule of Investments (unaudited)(continued)
SHORT DURATION CORE BOND FUND August 31, 2026
| Investments | Interest Rate | Maturity Date | Principal Amount | Fair Value | ||||||||
| Lodging 0.01% | ||||||||||||
| Las Vegas Sands Corp. | 5.90% | 6/1/2027 | $ | 46,000 | $ | 46,374 | ||||||
| Machinery: Construction & Mining 0.20% | ||||||||||||
| Vertiv Group Corp.† | 4.125% | 11/15/2028 | 1,294,000 | 1,282,940 | ||||||||
| Machinery-Diversified 0.22% | ||||||||||||
| Regal Rexnord Corp. | 6.05% | 4/15/2028 | 492,000 | 500,548 | ||||||||
| Regal Rexnord Corp. | 6.30% | 2/15/2030 | 869,000 | 896,026 | ||||||||
| Total | 1,396,574 | |||||||||||
| Media 0.54% | ||||||||||||
| Comcast Corp. | 3.40% | 4/1/2030 | 199,000 | 188,054 | ||||||||
| Cox Communications, Inc.† | 1.80% | 10/1/2030 | 958,000 | 819,234 | ||||||||
| Space Exploration Technologies Corp.† | 5.35% | 7/15/2031 | 2,421,000 | 2,367,296 | ||||||||
| Total | 3,374,584 | |||||||||||
| Mining 0.58% | ||||||||||||
| Anglo American Capital PLC (United Kingdom)†(c) | 4.625% | 3/19/2031 | 531,000 | 518,157 | ||||||||
| Corp. Nacional del Cobre de Chile (Chile)(c) | 3.625% | 8/1/2027 | 600,000 | 593,921 | ||||||||
| Glencore Funding LLC† | 4.907% | 4/1/2028 | 164,000 | 164,338 | ||||||||
| Glencore Funding LLC† | 5.186% | 4/1/2030 | 808,000 | 809,115 | ||||||||
| Glencore Funding LLC† | 5.371% | 4/4/2029 | 618,000 | 624,940 | ||||||||
| Glencore Funding LLC† | 5.40% | 5/8/2028 | 201,000 | 202,731 | ||||||||
| Glencore Funding LLC† | 6.375% | 10/6/2030 | 734,000 | 765,942 | ||||||||
| Total | 3,679,144 | |||||||||||
| Oil & Gas 2.40% | ||||||||||||
| Antero Resources Corp.† | 5.375% | 3/1/2030 | 2,307,000 | 2,307,629 | ||||||||
| APA Corp.(d) | 7.75% | 12/15/2029 | 1,500,000 | 1,621,653 | ||||||||
| Continental Resources, Inc.† | 2.268% | 11/15/2026 | 3,000,000 | 2,987,284 | ||||||||
| Continental Resources, Inc. | 4.375% | 1/15/2028 | 1,237,000 | 1,228,034 | ||||||||
| EQT Corp. | 7.50% | 6/1/2030 | 267,000 | 285,608 | ||||||||
| Expand Energy Corp. | 5.375% | 2/1/2029 | 842,000 | 842,156 | ||||||||
| HF Sinclair Corp. | 5.00% | 2/1/2028 | 913,000 | 911,451 | ||||||||
| KazMunayGas National Co. JSC (Kazakhstan)(c) | 4.75% | 4/19/2027 | 1,000,000 | 1,000,883 | ||||||||
| Permian Resources Operating LLC† | 5.875% | 7/1/2029 | 2,533,000 | 2,537,117 | ||||||||
| Viper Energy Partners LLC | 4.90% | 8/1/2030 | 1,421,000 | 1,406,768 | ||||||||
| Total | 15,128,583 | |||||||||||
| Pharmaceuticals 0.75% | ||||||||||||
| Bayer U.S. Finance II LLC† | 4.375% | 12/15/2028 | 410,000 | 404,658 | ||||||||
| Bayer U.S. Finance LLC† | 6.125% | 11/21/2026 | 2,117,000 | 2,121,650 | ||||||||
| 214 | See Notes to Schedule of Investments. |
Schedule of Investments (unaudited)(continued)
SHORT DURATION CORE BOND FUND August 31, 2026
| Investments | Interest Rate | Maturity Date | Principal Amount | Fair Value | ||||||||
| Pharmaceuticals (continued) | ||||||||||||
| Bayer U.S. Finance LLC† | 6.375% | 11/21/2030 | $ | 426,000 | $ | 443,581 | ||||||
| CVS Pass-Through Trust | 6.943% | 1/10/2030 | 1,743,881 | 1,766,101 | ||||||||
| Total | 4,735,990 | |||||||||||
| Pipelines 0.94% | ||||||||||||
| Energy Transfer LP† | 6.00% | 2/1/2029 | 2,010,000 | 2,020,521 | ||||||||
| Sabal Trail Transmission LLC† | 4.246% | 5/1/2028 | 1,425,000 | 1,410,140 | ||||||||
| South Bow USA Infrastructure Holdings LLC | 4.911% | 9/1/2027 | 777,000 | 778,008 | ||||||||
| Targa Resources Partners LP/Targa Resources Partners Finance Corp. | 4.875% | 2/1/2031 | 690,000 | 681,087 | ||||||||
| Western Midstream Operating LP | 6.35% | 1/15/2029 | 1,013,000 | 1,043,844 | ||||||||
| Total | 5,933,600 | |||||||||||
| REITS 2.30% | ||||||||||||
| Brixmor Operating Partnership LP | 4.05% | 7/1/2030 | 3,038,000 | 2,920,393 | ||||||||
| Equinix Europe 2 Financing Corp. LLC | 4.60% | 11/15/2030 | 454,000 | 442,675 | ||||||||
| GLP Capital LP/GLP Financing II, Inc. | 5.30% | 1/15/2029 | 1,210,000 | 1,213,611 | ||||||||
| Host Hotels & Resorts LP | 4.25% | 12/15/2028 | 3,073,000 | 3,027,343 | ||||||||
| Ladder Capital Finance Holdings LLLP/Ladder Capital Finance Corp.† | 4.25% | 2/1/2027 | 1,265,000 | 1,263,136 | ||||||||
| Ladder Capital Finance Holdings LLLP/Ladder Capital Finance Corp.† | 4.75% | 6/15/2029 | 1,960,000 | 1,910,501 | ||||||||
| Prologis Targeted U.S. Logistics Fund LP† | 4.25% | 1/15/2031 | 707,000 | 682,055 | ||||||||
| SBA Communications Corp. | 4.875% | 1/15/2030 | 423,000 | 419,511 | ||||||||
| SBA Communications Corp. | 5.15% | 7/15/2031 | 560,000 | 555,863 | ||||||||
| VICI Properties LP/VICI Note Co., Inc.† | 3.75% | 2/15/2027 | 500,000 | 497,959 | ||||||||
| VICI Properties LP/VICI Note Co., Inc.† | 5.75% | 2/1/2027 | 546,000 | 546,997 | ||||||||
| WEA Finance LLC† | 2.875% | 1/15/2027 | 483,000 | 480,010 | ||||||||
| WEA Finance LLC† | 4.125% | 9/20/2028 | 532,000 | 523,736 | ||||||||
| Total | 14,483,790 | |||||||||||
| Retail 0.38% | ||||||||||||
| 7-Eleven, Inc.† | 1.80% | 2/10/2031 | 1,342,000 | 1,162,752 | ||||||||
| Dick’s Sporting Goods, Inc. | 4.00% | 10/1/2029 | 1,245,000 | 1,208,357 | ||||||||
| Total | 2,371,109 | |||||||||||
| Semiconductors 1.05% | ||||||||||||
| Foundry JV Holdco LLC† | 5.50% | 1/25/2031 | 275,000 | 277,473 | ||||||||
| Foundry JV Holdco LLC† | 5.90% | 1/25/2030 | 2,232,000 | 2,281,672 | ||||||||
| Intel Corp. | 4.65% | 6/1/2031 | 435,000 | 424,476 | ||||||||
| Intel Corp. | 5.125% | 2/10/2030 | 1,573,000 | 1,576,420 | ||||||||
| See Notes to Schedule of Investments. | 215 |
Schedule of Investments (unaudited)(continued)
SHORT DURATION CORE BOND FUND August 31, 2026
| Investments | Interest Rate | Maturity Date | Principal Amount | Fair Value | ||||||||
| Semiconductors (continued) | ||||||||||||
| Microchip Technology, Inc. | 5.05% | 3/15/2029 | $ | 465,000 | $ | 466,511 | ||||||
| NVIDIA Corp. | 4.50% | 6/15/2031 | 1,625,000 | 1,587,992 | ||||||||
| Total | 6,614,544 | |||||||||||
| Software 1.01% | ||||||||||||
| Oracle Corp. | 4.45% | 9/26/2030 | 1,636,000 | 1,549,151 | ||||||||
| Oracle Corp. | 4.55% | 2/4/2029 | 2,695,000 | 2,634,526 | ||||||||
| Oracle Corp. | 4.80% | 8/3/2028 | 1,099,000 | 1,091,437 | ||||||||
| Oracle Corp. | 4.95% | 2/4/2031 | 1,155,000 | 1,107,195 | ||||||||
| Total | 6,382,309 | |||||||||||
| Telecommunications 0.66% | ||||||||||||
| AT&T Mobility LLC | 7.125% | 12/15/2031 | 1,271,000 | 1,349,520 | ||||||||
| NTT Finance Corp. (Japan)†(c) | 4.741% | 3/31/2028 | 320,000 | 319,501 | ||||||||
| NTT Finance Corp. (Japan)†(c) | 4.828% | 11/1/2029 | 565,000 | 561,784 | ||||||||
| NTT Finance Corp. (Japan)†(c) | 5.11% | 7/2/2029 | 1,920,000 | 1,924,018 | ||||||||
| Total | 4,154,823 | |||||||||||
| Toys/Games/Hobbies 0.30% | ||||||||||||
| Mattel, Inc.(d) | 5.00% | 11/17/2030 | 1,888,000 | 1,866,769 | ||||||||
| Transportation 0.76% | ||||||||||||
| Pacific National Finance Pty. Ltd. (Australia)(c) | 4.75% | 3/22/2028 | 3,100,000 | 3,063,753 | ||||||||
| XPO, Inc.† | 6.25% | 6/1/2028 | 1,697,000 | 1,712,499 | ||||||||
| Total | 4,776,252 | |||||||||||
| Trucking & Leasing 0.05% | ||||||||||||
| SMBC Aviation Capital Finance DAC (Ireland)†(c) | 4.95% | 7/23/2029 | 287,000 | 286,148 | ||||||||
| Total Corporate Bonds (cost $250,363,892) | 248,877,967 | |||||||||||
| FLOATING RATE LOANS(e) 2.12% | ||||||||||||
| Aerospace/Defense 0.14% | ||||||||||||
| RTX Corp. Term Loan | 4.884% (1 mo. USD Term SOFR + 1.13%) | 11/6/2026 | 900,000 | 900,562 | ||||||||
| Electronics 0.24% | ||||||||||||
| Amphenol Corp. 3 Year Delayed Draw Term Loan | 4.517% (1 mo. USD Term SOFR + 0.88%) | 8/22/2028 | 1,178,000 | 1,174,319 | ||||||||
| Honeywell International, Inc. Term Loan A1 | 4.561% (1 mo. USD Term SOFR + 0.88%) | 5/7/2027 | 312,500 | 312,500 | ||||||||
| Total | 1,486,819 | |||||||||||
| 216 | See Notes to Schedule of Investments. |
Schedule of Investments (unaudited)(continued)
SHORT DURATION CORE BOND FUND August 31, 2026
| Investments | Interest Rate | Maturity Date | Principal Amount | Fair Value | ||||||||
| Health Care Products 0.09% | ||||||||||||
| GE HealthCare Technologies, Inc. Term Loan | – | (b) | 12/12/2028 | $ | 500,000 | $ | 500,000 | |||||
| Solventum Corp. Term Loan | 4.989% (1 mo. USD Term SOFR + 1.25%) | 3/8/2027 | 99,561 | 99,748 | ||||||||
| Total | 599,748 | |||||||||||
| Media 0.38% | ||||||||||||
| Charter Communications Operating LLC 2023 Term Loan B4 | 5.725% (3 mo. USD Term SOFR + 2.00%) | 12/7/2030 | 564,877 | 559,788 | ||||||||
| Charter Communications Operating LLC 2024 Term Loan B5 | 5.975% (3 mo. USD Term SOFR + 2.25%) | 12/15/2031 | 1,866,257 | 1,838,683 | ||||||||
| Total | 2,398,471 | |||||||||||
| Pipelines 0.10% | ||||||||||||
| Gray Oak Pipeline LLC Delayed Draw Term Loan | 5.103% (3 mo. USD Term SOFR + 1.25%) | 10/14/2026 | 631,000 | 630,558 | ||||||||
| Real Estate Investment Trusts 0.29% | ||||||||||||
| Invitation Homes Operating Partnership LP 2024 Term Loan | 4.503% (1 mo. USD Term SOFR + 0.85%) | 9/11/2028 | 1,856,000 | 1,842,080 | ||||||||
| Regional 0.15% | ||||||||||||
| Seminole Tribe of Florida 2026 Term Loan A | 4.936% (1 mo. USD Term SOFR + 1.25%) | 5/8/2031 | 950,000 | 950,000 | ||||||||
| Retail 0.73% | ||||||||||||
| 7-Eleven, Inc. Term Loan (2028) | 4.957% (3 mo. USD Term SOFR + 1.20%) | 12/11/2028 | 1,250,000 | 1,249,218 | ||||||||
| KFC Holding Co. 2021 Term Loan B | 5.503% (1 mo. USD Term SOFR + 1.75%) | 3/15/2028 | 1,442,083 | 1,447,044 | ||||||||
| Lowes Cos., Inc. Delayed Draw Term Loan | 4.761% (3 mo. USD Term SOFR + 1.00%) | 9/15/2028 | 1,895,000 | 1,884,388 | ||||||||
| Total | 4,580,650 | |||||||||||
| Total Floating Rate Loans (cost $13,440,515) | 13,388,888 | |||||||||||
| FOREIGN GOVERNMENT OBLIGATIONS(c) 2.05% | ||||||||||||
| Bermuda 0.57% | ||||||||||||
| Bermuda Government International Bonds | 3.717% | 1/25/2027 | 3,600,000 | 3,600,324 | ||||||||
| See Notes to Schedule of Investments. | 217 |
Schedule of Investments (unaudited)(continued)
SHORT DURATION CORE BOND FUND August 31, 2026
| Investments | Interest Rate | Maturity Date | Principal Amount | Fair Value | ||||||||
| Italy 0.23% | ||||||||||||
| Cassa Depositi e Prestiti SpA† | 4.375% | 10/1/2030 | $ | 1,470,000 | $ | 1,437,092 | ||||||
| Japan 0.26% | ||||||||||||
| Japan Bank for International Cooperation | 4.625% | 7/22/2027 | 1,608,000 | 1,613,198 | ||||||||
| Mexico 0.51% | ||||||||||||
| Eagle Funding Luxco SARL† | 5.50% | 8/17/2030 | 3,205,000 | 3,204,199 | ||||||||
| Romania 0.40% | ||||||||||||
| Romania Government International Bonds | 5.25% | 11/25/2027 | 2,550,000 | 2,549,816 | ||||||||
| Saudi Arabia 0.08% | ||||||||||||
| Saudi Government International Bonds† | 5.125% | 1/13/2028 | 490,000 | 492,365 | ||||||||
| Total Foreign Government Obligations (cost $12,932,817) | 12,896,994 | |||||||||||
| GOVERNMENT SPONSORED ENTERPRISES COLLATERALIZED MORTGAGE OBLIGATIONS 0.94% | ||||||||||||
| Federal Home Loan Mortgage Corp. Multifamily Structured Pass-Through Certificates Series K100 Class A2 (Cost $6,008,325) | 2.673% | 9/25/2029 | 6,290,000 | 5,933,912 | ||||||||
| GOVERNMENT SPONSORED ENTERPRISES PASS-THROUGHS 4.45% | ||||||||||||
| Federal Home Loan Mortgage Corp. | 4.885% (30 day USD SOFR Average + 2.12%) | # | 3/1/2056 | 1,069,474 | 1,058,816 | |||||||
| Federal Home Loan Mortgage Corp. | 5.128% (30 day USD SOFR Average + 2.15%) | # | 12/1/2055 | 1,791,893 | 1,789,618 | |||||||
| Federal Home Loan Mortgage Corp. | 5.359% (30 day USD SOFR Average + 2.18%) | # | 8/1/2055 | 236,894 | 238,299 | |||||||
| Federal Home Loan Mortgage Corp. | 5.426% (30 day USD SOFR Average + 2.08%) | # | 10/1/2055 | 350,102 | 350,362 | |||||||
| Federal Home Loan Mortgage Corp. | 5.501% (30 day USD SOFR Average + 2.29%) | # | 7/1/2055 | 643,944 | 649,627 | |||||||
| Federal Home Loan Mortgage Corp. | 5.617% (30 day USD SOFR Average + 2.13%) | # | 8/1/2055 | 356,945 | 360,486 | |||||||
| Federal Home Loan Mortgage Corp. | 5.841% (30 day USD SOFR Average + 2.12%) | # | 5/1/2055 | 433,890 | 439,613 | |||||||
| Federal Home Loan Mortgage Corp. | 5.998% (30 day USD SOFR Average + 2.32%) | # | 8/1/2054 | 226,232 | 230,120 | |||||||
| Federal Home Loan Mortgage Corp. | 6.355% (30 day USD SOFR Average + 2.10%) | # | 9/1/2055 | 423,456 | 434,350 | |||||||
| Federal National Mortgage Association | 4.879% (30 day USD SOFR Average + 2.16%) | # | 3/1/2056 | 1,780,450 | 1,766,094 | |||||||
| Federal National Mortgage Association | 5.042% (30 day USD SOFR Average + 2.08%) | # | 12/1/2055 | 1,820,633 | 1,815,887 | |||||||
| 218 | See Notes to Schedule of Investments. |
Schedule of Investments (unaudited)(continued)
SHORT DURATION CORE BOND FUND August 31, 2026
| Investments | Interest Rate | Maturity Date | Principal Amount | Fair Value | ||||||||
| GOVERNMENT SPONSORED ENTERPRISES PASS-THROUGHS (continued) | ||||||||||||
| Federal National Mortgage Association | 5.459% (30 day USD SOFR Average + 2.03%) | # | 10/1/2055 | $ | 123,246 | $ | 124,056 | |||||
| Federal National Mortgage Association | 5.508% (30 day USD SOFR Average + 2.11%) | # | 10/1/2053 | 82,997 | 84,062 | |||||||
| Federal National Mortgage Association | 5.719% (30 day USD SOFR Average + 2.20%) | # | 8/1/2055 | 549,692 | 556,846 | |||||||
| Federal National Mortgage Association | 5.833% (30 day USD SOFR Average + 2.13%) | # | 2/1/2054 | 127,360 | 129,435 | |||||||
| Federal National Mortgage Association | 5.964% (30 day USD SOFR Average + 2.16%) | # | 9/1/2055 | 1,731,781 | 1,762,452 | |||||||
| Government National Mortgage Association | 7.00% | 4/20/2054 - 1/20/2055 | 4,676,115 | 4,847,120 | ||||||||
| Uniform Mortgage-Backed Security(f) | 5.00% | TBA | 4,998,000 | 4,969,383 | ||||||||
| Uniform Mortgage-Backed Security(f) | 5.50% | TBA | 3,700,000 | 3,733,128 | ||||||||
| Uniform Mortgage-Backed Security(f) | 6.00% | TBA | 2,609,000 | 2,664,288 | ||||||||
| Total Government Sponsored Enterprises Pass-Throughs (cost $28,212,859) | 28,004,042 | |||||||||||
| NON-AGENCY COMMERCIAL MORTGAGE-BACKED SECURITIES 5.09% | ||||||||||||
| Bank Series 2017-BNK7 Class A4 | 3.175% | 9/15/2060 | 1,267,634 | 1,250,373 | ||||||||
| Bank5 Series 2024-5YR8 Class A3 | 5.884% | 8/15/2057 | 2,480,000 | 2,524,621 | ||||||||
| Bank5 Series 2025-5YR14 Class A3 | 5.646% | 4/15/2058 | 2,940,000 | 2,984,826 | ||||||||
| Bank5 Series 2026-5YR24 Class A3 | 5.832% | 8/15/2031 | 240,000 | 246,293 | ||||||||
| Bank5 Trust Series 2024-5YR6 Class A3 | 6.225% | 5/15/2057 | 1,331,188 | 1,363,678 | ||||||||
| BBCMS Mortgage Trust Series 2020-C7 Class A2 | 2.021% | 4/15/2053 | 220,951 | 211,324 | ||||||||
| BBCMS Mortgage Trust Series 2025-5C33 Class A4 | 5.839% | 3/15/2058 | 1,050,000 | 1,072,829 | ||||||||
| BBCMS Mortgage Trust Series 2025-5C34 Class A3 | 5.659% | 5/15/2058 | 1,040,000 | 1,057,419 | ||||||||
| Benchmark Mortgage Trust Series 2018-B7 Class A4 | 4.51% | #(g) | 5/15/2053 | 1,060,000 | 1,046,997 | |||||||
| Benchmark Mortgage Trust Series 2021-B23 Class A2 | 1.62% | 2/15/2054 | 186,246 | 168,203 | ||||||||
| Benchmark Mortgage Trust Series 2021-B28 Class A2 | 1.786% | 8/15/2054 | 393,229 | 392,375 | ||||||||
| Benchmark Mortgage Trust Series 2024-V6 Class A3 | 5.926% | 3/15/2057 | 890,000 | 905,570 | ||||||||
| Benchmark Mortgage Trust Series 2024-V9 Class A3 | 5.602% | 8/15/2057 | 1,430,000 | 1,446,259 | ||||||||
| Benchmark Mortgage Trust Series 2025-V14 Class A4 | 5.66% | 4/15/2057 | 2,040,000 | 2,071,706 | ||||||||
| Benchmark Mortgage Trust Series 2026-V23 Class A3 | 5.853% | 8/28/2059 | 270,000 | 276,937 | ||||||||
| See Notes to Schedule of Investments. | 219 |
Schedule of Investments (unaudited)(continued)
SHORT DURATION CORE BOND FUND August 31, 2026
| Investments | Interest Rate | Maturity Date | Principal Amount | Fair Value | ||||||||
| NON-AGENCY COMMERCIAL MORTGAGE-BACKED SECURITIES (continued) | ||||||||||||
| BMO Mortgage Trust Series 2025-5C11 Class A3 | 5.669% | 7/15/2058 | $ | 940,000 | $ | 953,427 | ||||||
| Citigroup Commercial Mortgage Trust Series 2018-B2 Class A4 | 4.009% | 3/10/2051 | 710,000 | 701,472 | ||||||||
| CSAIL Commercial Mortgage Trust Series 2020-C19 Class A2 | 2.32% | 3/15/2053 | 690,000 | 638,045 | ||||||||
| DBGS Mortgage Trust Series 2018-C1 Class A4 | 4.466% | 10/15/2051 | 1,510,000 | 1,490,575 | ||||||||
| Federal National Mortgage Association Connecticut Avenue Securities Trust Series 2026-R04 Class 2A1† | 4.543% (30 day USD SOFR Average + 0.90%) | # | 7/25/2046 | 668,889 | 668,803 | |||||||
| GS Mortgage Securities Trust Series 2016-GS2 Class A4 | 3.05% | 5/10/2049 | 20,282 | 20,255 | ||||||||
| GS Mortgage Securities Trust Series 2017-GS8 Class A3 | 3.205% | 11/10/2050 | 1,150,000 | 1,137,885 | ||||||||
| GS Mortgage Securities Trust Series 2019-GSA1 Class A4 | 3.048% | 11/10/2052 | 2,010,000 | 1,891,524 | ||||||||
| LoanCore Issuer Ltd. Series 2025-CRE8 Class A† | 5.024% (1 mo. USD Term SOFR + 1.39%) | # | 8/17/2042 | 1,280,000 | 1,281,213 | |||||||
| Morgan Stanley BAML Trust Series 2025-5C1 Class A3 | 5.635% | 3/15/2058 | 1,990,000 | 2,019,677 | ||||||||
| Wells Fargo Commercial Mortgage Trust Series 2024-5C1 Class A3 | 5.928% | 7/15/2057 | 1,600,000 | 1,630,104 | ||||||||
| Wells Fargo Commercial Mortgage Trust Series 2025-5C3 Class A3 | 6.096% | 1/15/2058 | 1,250,000 | 1,284,361 | ||||||||
| Wells Fargo Commercial Mortgage Trust Series 2025-5C4 Class A3 | 5.673% | 5/15/2058 | 1,316,000 | 1,337,993 | ||||||||
| Total Non-Agency Commercial Mortgage-Backed Securities (cost $32,478,898) | 32,074,744 | |||||||||||
| U.S. TREASURY OBLIGATIONS 22.02% | ||||||||||||
| U.S. Treasury Inflation-Indexed Notes(h) | 0.125% | 4/15/2027 | 13,041,583 | 12,837,387 | ||||||||
| U.S. Treasury Notes | 3.50% | 10/15/2028 | 24,609,000 | 24,184,110 | ||||||||
| U.S. Treasury Notes | 3.50% | 12/15/2028 | 30,999,000 | 30,417,769 | ||||||||
| U.S. Treasury Notes | 3.75% | 4/30/2028 | 10,783,000 | 10,684,858 | ||||||||
| U.S. Treasury Notes | 4.00% | 2/29/2028 | 27,328,000 | 27,207,906 | ||||||||
| U.S. Treasury Notes | 4.625% | 4/30/2029 | 33,174,000 | 33,370,323 | ||||||||
| Total U.S. Treasury Obligations (cost $139,340,616) | 138,702,353 | |||||||||||
| Total Long-Term Investments (cost $637,745,404) | 634,477,084 | |||||||||||
| 220 | See Notes to Schedule of Investments. |
Schedule of Investments (unaudited)(continued)
SHORT DURATION CORE BOND FUND August 31, 2026
| Investments | Interest Rate | Maturity Date | Principal Amount | Fair Value | ||||||||
| SHORT-TERM INVESTMENTS 1.89% | ||||||||||||
| COMMERCIAL PAPER 0.57% | ||||||||||||
| Pipelines 0.57% | ||||||||||||
| NGPL PipeCo LLC† (cost $3,583,000) | 4.107% | 9/1/2026 | $ | 3,583,000 | $ | 3,583,000 | ||||||
| REPURCHASE AGREEMENTS 1.03% | ||||||||||||
| Repurchase Agreement dated 8/31/2026, 3.580% due 9/1/2026 with Barclays Capital, Inc. collateralized by $4,622,800 of U.S. Treasury Bond at 3.875% due 5/15/2043; value: $3,991,837; proceeds: $3,912,389 (cost $3,912,000) | 3,912,000 | 3,912,000 | ||||||||||
| Repurchase Agreement dated 8/31/2026, 3.250% due 9/1/2026 with Fixed Income Clearing Corp. collateralized by $2,642,600 of U.S. Treasury Bill at 0.000% due 2/25/2027; value: $2,592,296; proceeds: $2,541,602 (cost $2,541,373) | 2,541,373 | 2,541,373 | ||||||||||
| Total Repurchase Agreements (cost $6,453,373) | 6,453,373 | |||||||||||
| TIME DEPOSITS 0.03% | ||||||||||||
| CitiBank N.A.(i) (cost $184,851) | 184,851 | 184,851 | ||||||||||
| Shares | ||||||||||||
| MONEY MARKET FUNDS 0.26% | ||||||||||||
| Fidelity Government Portfolio(i) (cost $1,663,659) | 1,663,659 | 1,663,659 | ||||||||||
| Total Short-Term Investments (cost $11,884,883) | 11,884,883 | |||||||||||
| Total Investments in Securities 102.63% (cost $649,630,287) | 646,361,967 | |||||||||||
| Other Assets and Liabilities – Net (2.63)% | (16,574,304 | ) | ||||||||||
| Net Assets 100.00% | $ | 629,787,663 | ||||||||||
| CMT | Constant Maturity Rate. | |
| ICE | Intercontinental Exchange. | |
| REITS | Real Estate Investment Trusts. | |
| SOFR | Secured Overnight Financing Rate. | |
| † | Security was purchased pursuant to Rule 144A under the Securities Act of 1933 and, unless registered under such Act or exempted from registration, may only be resold to qualified institutional buyers. At August 31, 2026, the total value of Rule 144A securities was $241,143,770, which represents 38.29% of net assets. | |
| # | Variable rate security. The interest rate represents the rate in effect at August 31, 2026. | |
| (a) | Securities purchased on a when-issued basis. | |
| (b) | Interest rate to be determined. | |
| (c) | Foreign security traded in U.S. dollars. | |
| (d) | All or a portion of this security is temporarily on loan to unaffiliated broker/dealers. | |
| (e) | Floating Rate Loans in which the Fund invests generally pay interest at rates which are periodically re-determined at a margin above the SOFR or the prime rate offered by major U.S. banks. The rate(s) shown is the rate(s) in effect at August 31, 2026. |
| See Notes to Schedule of Investments. | 221 |
Schedule of Investments (unaudited)(continued)
SHORT DURATION CORE BOND FUND August 31, 2026
| (f) | To-be-announced (“TBA”). Security purchased on a forward commitment basis with an approximate principal and maturity date. Actual principal and maturity will be determined upon settlement when the specific mortgage pools are assigned. | |
| (g) | Interest rate is based on the weighted average interest rates of the underlying mortgages within the mortgage pool. | |
| (h) | Treasury Inflation Protected Security. A U.S. Treasury Note or Bond that offers protection from inflation by paying a fixed rate of interest on a principal amount that is adjusted for inflation based on the Consumer Price Index. | |
| (i) | Security was purchased with the cash collateral from loaned securities. |
Centrally Cleared Interest Rate Swap Contracts at August 31, 2026:
| Periodic Payments to be Made By The Fund (Quarterly) | Periodic Payments to be Received By The Fund (Quarterly) | Termination Date | Notional Amount | Upfront Payments Paid/ (Received) Net of Amortization | Unrealized Appreciation/ (Depreciation) | Value | |||||||||||||||
| 12-Month USD SOFR Index | 4.104% | 8/25/2029 | $ | 22,400,000 | $ | – | $ | (69,224 | ) | $ | (69,224 | ) | |||||||||
| 12-Month USD SOFR Index | 4.094% | 6/30/2028 | $ | 37,800,000 | – | (76,747 | ) | (76,747 | ) | ||||||||||||
| Total | $ | – | $ | (145,971 | ) | $ | (145,971 | ) | |||||||||||||
| SOFR | Secured Overnight Financing Rate. |
Centrally Cleared Consumer Price Index (“CPI”) Swap Contracts at August 31, 2026:
| Payments to be Made By The Fund at Termination Date | Payments to be Received By The Fund at Termination Date | Termination Date | Notional Amount | Value/Unrealized Depreciation | |||||||||
| 2.135% | CPI Urban Consumer NSA | 6/30/2027 | $6,400,000 | $ | (2,582 | ) | |||||||
| 1.950% | CPI Urban Consumer NSA | 7/16/2027 | 1,600,000 | (685 | ) | ||||||||
| Total | $ | (3,267 | ) | ||||||||||
| CPI | Consumer Price Index: Rate fluctuates based on CPI. | |
| NSA | Non-seasonally adjusted. |
Futures Contracts at August 31, 2026:
| Type | Expiration | Contracts | Position | Notional Amount | Notional Value |
Unrealized Appreciation | |||||||||
| U.S. 5-Year Treasury Note | December 2026 | 503 | Short | $(53,405,404 | ) | $(53,168,672 | ) | $ | 236,732 | ||||||
| Type | Expiration | Contracts | Position | Notional Amount | Notional Value |
Unrealized Depreciation | |||||||||
| U.S. 2-Year Treasury Note | December 2026 | 497 | Long | $102,208,507 | $102,001,485 | $ | (207,022 | ) | |||||||
| 222 | See Notes to Schedule of Investments. |
Schedule of Investments (unaudited)(concluded)
SHORT DURATION CORE BOND FUND August 31, 2026
The following is a summary of the inputs used as of August 31, 2026 in valuing the Fund’s investments carried at fair value(1):
| Investment Type(2) | Level 1 | Level 2 | Level 3 | Total | ||||||||||||
| Long-Term Investments | ||||||||||||||||
| Asset-Backed Securities | $ | – | $ | 154,598,184 | $ | – | $ | 154,598,184 | ||||||||
| Corporate Bonds | – | 248,877,967 | – | 248,877,967 | ||||||||||||
| Floating Rate Loans | – | 13,388,888 | – | 13,388,888 | ||||||||||||
| Foreign Government Obligations | – | 12,896,994 | – | 12,896,994 | ||||||||||||
| Government Sponsored Enterprises Collateralized Mortgage Obligations | – | 5,933,912 | – | 5,933,912 | ||||||||||||
| Government Sponsored Enterprises Pass-Throughs | – | 28,004,042 | – | 28,004,042 | ||||||||||||
| Non-Agency Commercial Mortgage-Backed Securities | – | 32,074,744 | – | 32,074,744 | ||||||||||||
| U.S. Treasury Obligations | – | 138,702,353 | – | 138,702,353 | ||||||||||||
| Short-Term Investments | ||||||||||||||||
| Commercial Paper | – | 3,583,000 | – | 3,583,000 | ||||||||||||
| Repurchase Agreements | – | 6,453,373 | – | 6,453,373 | ||||||||||||
| Time Deposits | – | 184,851 | – | 184,851 | ||||||||||||
| Money Market Funds | 1,663,659 | – | – | 1,663,659 | ||||||||||||
| Total | $ | 1,663,659 | $ | 644,698,308 | $ | – | $ | 646,361,967 | ||||||||
| Other Financial Instruments | ||||||||||||||||
| Centrally Cleared Interest Rate Swap Contracts | ||||||||||||||||
| Assets | $ | – | $ | – | $ | – | $ | – | ||||||||
| Liabilities | – | (145,971 | ) | – | (145,971 | ) | ||||||||||
| Centrally Cleared CPI Swap Contracts | ||||||||||||||||
| Assets | – | – | – | – | ||||||||||||
| Liabilities | – | (3,267 | ) | – | (3,267 | ) | ||||||||||
| Futures Contracts | ||||||||||||||||
| Assets | 236,732 | – | – | 236,732 | ||||||||||||
| Liabilities | (207,022 | ) | – | – | (207,022 | ) | ||||||||||
| Total | $ | 29,710 | $ | (149,238 | ) | $ | – | $ | (119,528 | ) | ||||||
| (1) | Refer to Note 2(a) for a description of fair value measurements and the three-tier hierarchy of inputs. | |
| (2) | See Schedule of Investments for fair values in each industry and identification of foreign issuers and/or geography. The table above is presented by Investment Type. When applicable, each Level 3 security is identified on the Schedule of Investments along with the valuation technique utilized. |
A reconciliation of Level 3 investments is presented when the Fund has a material amount of Level 3 investments at the beginning or end of the period in relation to the Fund’s net assets.
| See Notes to Schedule of Investments. | 223 |
Schedule of Investments (unaudited)
SHORT DURATION INCOME FUND August 31, 2026
| Investments | Interest Rate | Maturity Date | Principal Amount | Fair Value | ||||||||
| LONG-TERM INVESTMENTS 101.66% | ||||||||||||
| ASSET-BACKED SECURITIES 24.41% | ||||||||||||
| Automobiles 6.35% | ||||||||||||
| Ally Bank Auto Credit-Linked Notes Series 2025-A Class B† | 4.648% | 6/15/2033 | $ | 12,394,791 | $ | 12,375,160 | ||||||
| Ally Bank Auto Credit-Linked Notes Series 2025-A Class C† | 4.844% | 6/15/2033 | 16,238,368 | 16,222,284 | ||||||||
| Americredit Automobile Receivables Trust Series 2023-1 Class C | 5.80% | 12/18/2028 | 27,200,000 | 27,402,145 | ||||||||
| AmeriCredit Automobile Receivables Trust Series 2023-2 Class A3 | 5.81% | 5/18/2028 | 3,076,210 | 3,081,890 | ||||||||
| AmeriCredit Automobile Receivables Trust Series 2024-1 Class A3 | 5.43% | 1/18/2029 | 17,723,359 | 17,784,558 | ||||||||
| AutoNation Finance Trust Series 2026-N1A Class A2† | 4.48% | 2/15/2029 | 22,910,000 | 22,894,673 | ||||||||
| AutoNation Finance Trust Series 2026-N1A Class A3† | 4.63% | 12/16/2030 | 14,260,000 | 14,223,071 | ||||||||
| Avis Budget Rental Car Funding AESOP LLC Series 2022-4A Class A† | 4.77% | 2/20/2029 | 10,765,000 | 10,773,140 | ||||||||
| Bayview Opportunity Master Fund VII LLC Series 2024-CAR1 Class A† | 4.743% (30 day USD SOFR Average + 1.10%) | # | 12/26/2031 | 10,698,434 | 10,731,161 | |||||||
| BMW Vehicle Owner Trust Series 2024-A Class A3 | 5.18% | 2/26/2029 | 11,740,491 | 11,792,870 | ||||||||
| CarMax Auto Owner Trust Series 2024-2 Class A3 | 5.50% | 1/16/2029 | 19,939,043 | 20,067,656 | ||||||||
| CarMax Auto Owner Trust Series 2024-2 Class A4 | 5.51% | 11/15/2029 | 24,545,000 | 24,870,884 | ||||||||
| CarMax Auto Owner Trust Series 2026-2 Class A3 | 4.22% | 6/16/2031 | 24,500,000 | 24,278,714 | ||||||||
| CarMax Select Receivables Trust Series 2025-B Class A2 | 4.19% | 3/15/2029 | 29,426,117 | 29,413,887 | ||||||||
| CarMax Select Receivables Trust Series 2025-B Class C | 4.83% | 6/16/2031 | 15,750,000 | 15,656,796 | ||||||||
| CarMax Select Receivables Trust Series 2026-A Class A3 | 3.99% | 5/17/2032 | 20,820,000 | 20,568,447 | ||||||||
| Carvana Auto Receivables Trust Series 2022-P2 Class A4 | 4.68% | 2/10/2028 | 9,091,039 | 9,095,888 | ||||||||
| Carvana Auto Receivables Trust Series 2026-P3 Class A3 | 4.76% | 8/11/2031 | 73,465,000 | 73,324,579 | ||||||||
| Chase Auto Owner Trust Series 2024-1A Class A3† | 5.13% | 5/25/2029 | 21,105,773 | 21,190,160 | ||||||||
| Chase Auto Owner Trust Series 2024-2A Class A3† | 5.52% | 6/25/2029 | 7,726,067 | 7,777,238 | ||||||||
| 224 | See Notes to Schedule of Investments. |
Schedule of Investments (unaudited)(continued)
SHORT DURATION INCOME FUND August 31, 2026
| Investments | Interest Rate | Maturity Date | Principal Amount | Fair Value | ||||||||
| Automobiles (continued) | ||||||||||||
| Chase Auto Owner Trust Series 2024-5A Class A3† | 4.18% | 8/27/2029 | $ | 17,221,096 | $ | 17,201,157 | ||||||
| Chesapeake Funding II LLC Series 2024-1A Class A1† | 5.52% | 5/15/2036 | 43,249,189 | 43,396,639 | ||||||||
| Citizens Auto Receivables Trust Series 2023-1 Class A3† | 5.84% | 1/18/2028 | 699,017 | 699,456 | ||||||||
| Citizens Auto Receivables Trust Series 2024-2 Class A3† | 5.33% | 8/15/2028 | 37,284,618 | 37,398,825 | ||||||||
| Consumer Portfolio Services Auto Trust Series 2025-A Class C† | 5.25% | 4/15/2031 | 14,430,000 | 14,475,241 | ||||||||
| CPS Auto Receivables Trust Series 2024-A Class D† | 6.13% | 4/15/2030 | 7,883,000 | 7,963,176 | ||||||||
| Credit Acceptance Auto Loan Trust Series 2024-2A Class A† | 5.95% | 6/15/2034 | 32,989,411 | 33,163,304 | ||||||||
| Enterprise Fleet Financing LLC Series 2025-3 Class A2† | 4.50% | 4/20/2028 | 28,926,746 | 28,952,676 | ||||||||
| Enterprise Fleet Financing LLC Series 2025-3 Class A4† | 4.64% | 3/22/2032 | 22,748,000 | 22,658,534 | ||||||||
| Exeter Automobile Receivables Trust Series 2023-2A Class D | 6.32% | 8/15/2029 | 21,905,166 | 22,102,838 | ||||||||
| Exeter Automobile Receivables Trust Series 2024-2A Class C | 5.74% | 5/15/2029 | 7,743,723 | 7,771,544 | ||||||||
| Exeter Automobile Receivables Trust Series 2024-2A Class D | 5.92% | 2/15/2030 | 13,428,000 | 13,562,865 | ||||||||
| Exeter Automobile Receivables Trust Series 2024-3A Class D | 5.98% | 9/16/2030 | 33,293,000 | 33,812,377 | ||||||||
| Exeter Automobile Receivables Trust Series 2024-4A Class D | 5.81% | 12/16/2030 | 14,805,000 | 14,977,860 | ||||||||
| Exeter Automobile Receivables Trust Series 2026-3A Class A3 | 4.47% | 7/15/2030 | 30,230,000 | 30,187,669 | ||||||||
| Exeter Automobile Receivables Trust Series 2026-4A Class A2 | 4.37% | 12/15/2028 | 9,000,000 | 8,998,540 | ||||||||
| Exeter Automobile Receivables Trust Series 2026-4A Class A3 | 4.56% | 10/15/2030 | 12,000,000 | 11,990,557 | ||||||||
| Ford Credit Auto Owner Trust Series 2023-1 Class A† | 4.85% | 8/15/2035 | 47,464,000 | 47,663,947 | ||||||||
| Ford Credit Auto Owner Trust Series 2023-C Class A3 | 5.53% | 9/15/2028 | 15,896,449 | 15,973,153 | ||||||||
| Ford Credit Auto Owner Trust Series 2026-1 Class A† | 4.32% | (a) | 8/15/2038 | 82,616,000 | 80,615,776 | |||||||
| Ford Credit Auto Owner Trust Series 2026-2 Class A† | 4.86% | (a) | 2/15/2039 | 43,360,000 | 43,254,436 | |||||||
| See Notes to Schedule of Investments. | 225 |
Schedule of Investments (unaudited)(continued)
SHORT DURATION INCOME FUND August 31, 2026
| Investments | Interest Rate | Maturity Date | Principal Amount | Fair Value | ||||||||
| Automobiles (continued) | ||||||||||||
| GLS Auto Receivables Issuer Trust Series 2024-2A Class D† | 6.19% | 2/15/2030 | $ | 7,364,000 | $ | 7,466,965 | ||||||
| GLS Auto Receivables Issuer Trust Series 2025-2A Class A3† | 4.75% | 1/16/2029 | 17,713,860 | 17,733,303 | ||||||||
| GLS Auto Receivables Issuer Trust Series 2025-3A Class C† | 4.69% | 5/15/2031 | 30,000,000 | 29,889,885 | ||||||||
| GLS Auto Receivables Issuer Trust Series 2026-1A Class A3† | 3.97% | 11/15/2029 | 25,939,000 | 25,820,212 | ||||||||
| GLS Auto Receivables Issuer Trust Series 2026-2A Class A3† | 4.33% | 11/15/2029 | 12,900,000 | 12,865,517 | ||||||||
| GLS Auto Receivables Issuer Trust Series 2026-3A Class A3† | 4.60% | 3/15/2030 | 53,106,000 | 53,074,938 | ||||||||
| GM Financial Consumer Automobile Receivables Trust Series 2023-4 Class A4 | 5.71% | 2/16/2029 | 8,940,000 | 9,028,682 | ||||||||
| Hertz Vehicle Financing III LP Series 2021-2A Class A† | 1.68% | 12/27/2027 | 80,332,667 | 79,908,470 | ||||||||
| Huntington Auto Trust Series 2024-1A Class A3† | 5.23% | 1/16/2029 | 35,584,021 | 35,737,932 | ||||||||
| Huntington Bank Auto Credit-Linked Notes Series 2024-1 Class B1† | 6.153% | 5/20/2032 | 17,623,243 | 17,751,485 | ||||||||
| Huntington Bank Auto Credit-Linked Notes Series 2024-2 Class B1† | 5.442% | 10/20/2032 | 14,397,058 | 14,437,807 | ||||||||
| Huntington Bank RVM Credit-Linked Notes Series 2026-RVM1 Class B1† | 5.612% | 8/20/2048 | 31,430,000 | 31,386,231 | ||||||||
| Hyundai Auto Lease Securitization Trust Series 2025-A Class A3† | 4.83% | 1/18/2028 | 30,000,000 | 30,066,519 | ||||||||
| Kinetic Advantage Master Owner Trust Series 2025-1A Class A† | 5.837% (30 day USD SOFR Average + 2.20%) | # | 10/15/2029 | 37,390,000 | 37,710,171 | |||||||
| LAD Auto Receivables Trust Series 2024-1A Class C† | 5.64% | 6/15/2029 | 6,745,000 | 6,805,410 | ||||||||
| LAD Auto Receivables Trust Series 2024-3A Class A3† | 4.52% | 3/15/2029 | 11,030,106 | 11,041,370 | ||||||||
| LAD Select Auto Receivables Trust Series 2026-A Class A3† | 4.79% | 11/15/2032 | 15,000,000 | 15,006,240 | ||||||||
| M&T Bank Auto Receivables Trust Series 2026-1A Class A3† | 4.66% | 6/16/2031 | 32,725,000 | 32,721,829 | ||||||||
| M&T Bank RV Trust Series 2026-1A Class A† | 4.35% | 1/15/2046 | 18,837,189 | 18,388,515 | ||||||||
| Merchants Fleet Funding LLC Series 2024-1A Class A† | 5.82% | 4/20/2037 | 49,953,125 | 50,029,473 | ||||||||
| Nissan Auto Lease Trust Series 2025-A Class A3 | 4.75% | 3/15/2028 | 30,000,000 | 30,079,920 | ||||||||
| 226 | See Notes to Schedule of Investments. |
Schedule of Investments (unaudited)(continued)
SHORT DURATION INCOME FUND August 31, 2026
| Investments | Interest Rate | Maturity Date | Principal Amount | Fair Value | ||||||||
| Automobiles (continued) | ||||||||||||
| Nissan Auto Lease Trust Series 2025-B Class A3 | 4.32% | 11/15/2028 | $ | 53,240,000 | $ | 53,154,156 | ||||||
| Nissan Auto Lease Trust Series 2026-A Class A3 | 3.87% | 3/15/2029 | 28,635,000 | 28,366,733 | ||||||||
| Nissan Auto Receivables Owner Trust Series 2023-B Class A3 | 5.93% | 3/15/2028 | 6,508,019 | 6,526,342 | ||||||||
| Octane Receivables Trust Series 2024-2A Class A2† | 5.80% | 7/20/2032 | 8,602,551 | 8,633,537 | ||||||||
| Octane Receivables Trust Series 2024-3A Class A2† | 4.94% | 5/20/2030 | 10,987,260 | 11,012,320 | ||||||||
| Octane Recievables Trust Series 2026-RVM1 Class A† | 4.92% | 6/20/2047 | 15,827,000 | 15,835,958 | ||||||||
| Santander Drive Auto Receivables Trust Series 2023-4 Class B | 5.77% | 12/15/2028 | 7,978,024 | 8,004,571 | ||||||||
| Santander Drive Auto Receivables Trust Series 2023-6 Class C | 6.40% | 3/17/2031 | 20,935,000 | 21,337,894 | ||||||||
| Santander Drive Auto Receivables Trust Series 2024-2 Class B | 5.78% | 7/16/2029 | 18,071,114 | 18,143,841 | ||||||||
| Santander Drive Auto Receivables Trust Series 2024-2 Class D | 6.28% | 8/15/2031 | 29,155,000 | 29,737,502 | ||||||||
| Santander Drive Auto Receivables Trust Series 2024-3 Class B | 5.55% | 9/17/2029 | 34,274,500 | 34,392,898 | ||||||||
| Santander Drive Auto Receivables Trust Series 2024-4 Class B | 4.93% | 9/17/2029 | 26,660,000 | 26,719,409 | ||||||||
| Santander Drive Auto Receivables Trust Series 2024-5 Class A3 | 4.62% | 11/15/2028 | 4,369,730 | 4,370,468 | ||||||||
| Santander Drive Auto Receivables Trust Series 2024-5 Class B | 4.63% | 8/15/2029 | 65,808,000 | 65,876,256 | ||||||||
| Santander Drive Auto Receivables Trust Series 2025-1 Class A3 | 4.74% | 1/16/2029 | 18,924,619 | 18,937,832 | ||||||||
| Santander Drive Auto Receivables Trust Series 2025-1 Class B | 4.88% | 3/17/2031 | 31,985,000 | 32,051,289 | ||||||||
| Santander Drive Auto Receivables Trust Series 2025-3 Class A2 | 4.63% | 10/16/2028 | 8,889,668 | 8,892,120 | ||||||||
| Santander Drive Auto Receivables Trust Series 2025-3 Class A3 | 4.38% | 1/15/2030 | 67,042,000 | 67,040,451 | ||||||||
| Santander Drive Auto Receivables Trust Series 2025-4 Class A3 | 4.17% | 4/15/2030 | 51,299,000 | 51,172,548 | ||||||||
| Santander Drive Auto Receivables Trust Series 2026-1 Class A3 | 3.93% | 7/15/2030 | 44,821,000 | 44,529,404 | ||||||||
| SFS Auto Receivables Securitization Trust Series 2023-1A Class A3† | 5.47% | 10/20/2028 | 6,436,883 | 6,449,285 | ||||||||
| SFS Auto Receivables Securitization Trust Series 2024-1A Class A3† | 4.95% | 5/21/2029 | 11,293,469 | 11,321,176 | ||||||||
| See Notes to Schedule of Investments. | 227 |
Schedule of Investments (unaudited)(continued)
SHORT DURATION INCOME FUND August 31, 2026
| Investments | Interest Rate | Maturity Date | Principal Amount | Fair Value | ||||||||
| Automobiles (continued) | ||||||||||||
| SFS Auto Receivables Securitization Trust Series 2024-3A Class A3† | 4.55% | 6/20/2030 | $ | 24,310,231 | $ | 24,332,606 | ||||||
| Stellantis Financial Floorplan Master Auto Owner Trust Series 2026-1A Class A† | 4.77% | 8/20/2031 | 74,265,000 | 74,338,196 | ||||||||
| Stellantis Financial Underwritten Enhanced Lease Trust Series 2025-AA Class A4† | 4.50% | 3/20/2029 | 28,470,000 | 28,466,837 | ||||||||
| Stellantis Financial Underwritten Enhanced Lease Trust Series 2026-AA Class A3† | 4.35% | 11/20/2029 | 31,670,000 | 31,496,759 | ||||||||
| Toyota Auto Loan Extended Note Trust Series 2026-1A Class A† | 4.58% | 4/25/2039 | 46,060,000 | 45,616,548 | ||||||||
| U.S. Bank NA Series 2026-RVM1 Class B1† | 4.959% | 12/25/2046 | 76,327,809 | 74,990,645 | ||||||||
| Volkswagen Credit Auto Master Trust Series 2026-1A Class A† | 4.71% | 5/20/2031 | 50,685,000 | 50,720,434 | ||||||||
| Westlake Automobile Receivables Trust Series 2023-1A Class D† | 6.79% | 11/15/2028 | 9,545,000 | 9,618,043 | ||||||||
| Westlake Automobile Receivables Trust Series 2023-3A Class D† | 6.47% | 3/15/2029 | 15,098,000 | 15,286,666 | ||||||||
| Westlake Automobile Receivables Trust Series 2024-1A Class D† | 6.02% | 10/15/2029 | 9,340,000 | 9,456,291 | ||||||||
| Westlake Automobile Receivables Trust Series 2024-2A Class D† | 5.91% | 4/15/2030 | 48,660,000 | 49,179,845 | ||||||||
| Westlake Automobile Receivables Trust Series 2024-3A Class A3† | 4.71% | 4/17/2028 | 12,833,366 | 12,839,683 | ||||||||
| Westlake Automobile Receivables Trust Series 2025-1A Class A3† | 4.75% | 8/15/2028 | 31,524,550 | 31,563,184 | ||||||||
| Westlake Automobile Receivables Trust Series 2025-2A Class A3† | 4.51% | 5/15/2029 | 24,020,000 | 24,038,001 | ||||||||
| Westlake Automobile Receivables Trust Series 2025-2A Class C† | 4.85% | 1/15/2031 | 34,030,000 | 34,012,410 | ||||||||
| Westlake Automobile Receivables Trust Series 2026-2A Class A3† | 4.35% | 4/15/2030 | 27,880,000 | 27,795,245 | ||||||||
| Westlake Automobile Receivables Trust Series 2026-3A Class A3† | 4.64% | 3/15/2030 | 32,780,000 | 32,775,516 | ||||||||
| Wheels Fleet Lease Funding 1 LLC Series 2024-3A Class A1† | 4.80% | 9/19/2039 | 35,841,569 | 35,947,187 | ||||||||
| Wolrd Omni Select Auto Trust Series 2026-A Class A3 | 4.73% | 5/17/2032 | 26,426,000 | 26,353,440 | ||||||||
| World Omni Select Auto Trust Series 2023-A Class C | 6.00% | 1/16/2029 | 21,400,752 | 21,468,565 | ||||||||
| World Omni Select Auto Trust Series 2025-A Class A3 | 4.08% | 8/15/2031 | 28,450,000 | 28,239,686 | ||||||||
| Total | 2,758,338,422 | |||||||||||
| 228 | See Notes to Schedule of Investments. |
Schedule of Investments (unaudited)(continued)
SHORT DURATION INCOME FUND August 31, 2026
| Investments | Interest Rate | Maturity Date | Principal Amount | Fair Value | ||||||||
| Credit Card 1.05% | ||||||||||||
| Capital One Multi-Asset Execution Trust Series 2026-A1 Class A | 4.48% | 7/15/2031 | $ | 160,470,000 | $ | 160,162,347 | ||||||
| Continental Finance Credit Card ABS Master Trust Series 2025-A Class A† | 5.40% | 12/17/2035 | 29,021,000 | 28,779,473 | ||||||||
| First National Master Note Trust Series 2024-1 Class A | 5.34% | 5/15/2030 | 20,402,000 | 20,543,780 | ||||||||
| First National Master Note Trust Series 2026-1 Class A | 4.61% | 5/15/2031 | 38,780,000 | 38,603,745 | ||||||||
| Fortiva Retail Prime Masters Notes Business Trust Series 2025-A Class A† | 6.60% | 9/17/2029 | 92,200,000 | 92,282,980 | (b) | |||||||
| Synchrony Card Issuance Trust Series 2026-A2 Class A | 4.69% | 7/15/2032 | 74,930,000 | 74,760,306 | ||||||||
| World Financial Network Credit Card Master Trust Series 2024-A Class A | 5.47% | 2/15/2031 | 43,873,000 | 44,159,183 | ||||||||
| Total | 459,291,814 | |||||||||||
| Other 16.76% | ||||||||||||
| Acore Issuer LLC Series 2026-FL1 Class A† | 5.103% (1 mo. USD Term SOFR + 1.45%) | # | 8/20/2043 | 28,120,000 | 28,119,997 | |||||||
| ACREC LLC Series 2026-FL5 Class A† | 4.997% (1 mo. USD Term SOFR + 1.35%) | # | 7/18/2043 | 38,670,000 | 38,706,158 | |||||||
| Affirm Master Trust Series 2025-1A Class A† | 4.99% | 2/15/2033 | 28,762,000 | 28,842,744 | ||||||||
| Affirm Master Trust Series 2025-3A Class A† | 4.45% | 10/16/2034 | 64,550,000 | 64,012,137 | ||||||||
| Affirm Master Trust Series 2026-1A Class A† | 4.37% | 2/15/2034 | 66,075,000 | 65,645,195 | ||||||||
| Affirm Master Trust Series 2026-2A Class A† | 4.67% | 4/16/2035 | 43,978,000 | 43,643,376 | ||||||||
| Anthelion CLO Ltd. Series 2025-1A Class A1† | 5.229% (3 mo. USD Term SOFR + 1.50%) | # | 7/20/2036 | 19,500,000 | 19,526,032 | |||||||
| Apex Credit CLO Ltd. Series 2018-2A Class BR3† | 4.979% (3 mo. USD Term SOFR + 1.25%) | # | 10/20/2031 | 16,500,000 | 16,503,993 | |||||||
| Apex Credit CLO Ltd. Series 2021-1A Class ANR† | 4.949% (3 mo. USD Term SOFR + 1.22%) | # | 7/18/2034 | 78,130,000 | 78,161,330 | |||||||
| Apex Credit CLO Ltd. Series 2024-1A Class A1R† | 5.129% (3 mo. USD Term SOFR + 1.40%) | # | 4/20/2036 | 40,000,000 | 40,057,160 | |||||||
| See Notes to Schedule of Investments. | 229 |
Schedule of Investments (unaudited)(continued)
SHORT DURATION INCOME FUND August 31, 2026
| Investments | Interest Rate | Maturity Date | Principal Amount | Fair Value | ||||||||
| Other (continued) | ||||||||||||
| Apex Credit CLO Ltd. Series 2024-2A Class A† | 5.33% (3 mo. USD Term SOFR + 1.52%) | # | 7/25/2037 | $ | 30,350,000 | $ | 30,372,186 | |||||
| Aqua Finance Trust Series 2019-A Class A† | 3.14% | 7/16/2040 | 3,690,544 | 3,570,025 | ||||||||
| Aqua Finance Trust Series 2021-A Class A† | 1.54% | 7/17/2046 | 10,122,148 | 9,193,043 | ||||||||
| Arbor Realty Commercial Real Estate Notes LLC Series 2025-FL1 Class A† | 5.007% (1 mo. USD Term SOFR + 1.35%) | # | 1/20/2043 | 42,970,000 | 43,093,384 | |||||||
| Arbor Realty Commercial Real Estate Notes LLC Series 2026-FL1 Class A† | 5.153% (1 mo. USD Term SOFR + 1.50%) | # | 9/20/2043 | 27,400,000 | 27,494,814 | |||||||
| Arbor Realty Commercial Real Estate Notes LLC Series 2026-FL2 Class A† | 5.153% (1 mo. USD Term SOFR + 1.50%) | # | 4/20/2044 | 6,040,000 | 6,049,454 | |||||||
| Arbor Realty Commercial Real Estate Notes Ltd. Series 2022-FL1 Class A† | 5.087% (30 day USD SOFR Average + 1.45%) | # | 1/15/2037 | 11,114,023 | 11,132,642 | |||||||
| ARES Loan Funding V Ltd. Series 2024-ALF5A Class A1R† | 5.03% (3 mo. USD Term SOFR + 1.22%) | # | 7/25/2037 | 110,040,000 | 110,130,453 | |||||||
| ARES LXIV CLO Ltd. Series 2022-64AR Class AR2†(c) | 4.89% (3 mo. USD Term SOFR + 1.20%) | # | 10/22/2039 | 90,080,000 | 90,102,970 | |||||||
| ASP WHCO Partner 2 LP | 6.783% | #(d) | 3/29/2029 | 66,226,243 | 66,208,713 | |||||||
| Atlas Senior Loan Fund XXIII Ltd. Series 2024-23A Class A1R† | 5.009% (3 mo. USD Term SOFR + 1.28%) | # | 7/20/2037 | 29,390,000 | 29,451,807 | |||||||
| Bain Capital Credit CLO Ltd. Series 2021-3A Class AR† | 4.835% (3 mo. USD Term SOFR + 1.06%) | # | 7/24/2034 | 8,320,000 | 8,328,520 | |||||||
| BAR Issuer LLC Series 2026-FL1 Class A† | 5.253% (1 mo. USD Term SOFR + 1.60%) | # | 8/20/2043 | 56,890,000 | 57,085,728 | |||||||
| Barrow Hanley CLO III Ltd. Series 2024-3A Class AR† | 4.999% (3 mo. USD Term SOFR + 1.27%) | # | 4/20/2038 | 67,790,000 | 67,827,895 | |||||||
| Battalion CLO IX Ltd. Series 2015-9A Class BRR† | 5.353% (3 mo. USD Term SOFR + 1.60%) | # | 7/15/2031 | 19,561,668 | 19,584,516 | |||||||
| Battalion CLO XI Ltd. Series 2017-11A Class AR2† | 4.905% (3 mo. USD Term SOFR + 1.13%) | # | 4/24/2034 | 55,250,882 | 55,289,834 | |||||||
| Battalion CLO XIV Ltd. Series 2019-14A Class AR2† | 4.869% (3 mo. USD Term SOFR + 1.14%) | # | 1/20/2035 | 13,639,575 | 13,663,526 | |||||||
| 230 | See Notes to Schedule of Investments. |
Schedule of Investments (unaudited)(continued)
SHORT DURATION INCOME FUND August 31, 2026
| Investments | Interest Rate | Maturity Date | Principal Amount | Fair Value | ||||||||
| Other (continued) | ||||||||||||
| Battalion CLO XXI Ltd. Series 2021-21A Class AR† | 4.903% (3 mo. USD Term SOFR + 1.15%) | # | 7/15/2034 | $ | 25,513,896 | $ | 25,524,689 | |||||
| Bayview Opportunity Master Fund VII LLC Series 2026-CRD1 Class A† | 5.243% (30 day USD SOFR Average + 1.60%) | # | 9/25/2034 | 68,393,000 | 69,024,219 | |||||||
| Bayview Opportunity Master Fund VII LLC Series 2026-CRD1 Class B† | 5.543% (30 day USD SOFR Average + 1.90%) | # | 9/25/2034 | 94,535,000 | 95,425,851 | |||||||
| BBAM U.S. CLO III Ltd. Series 2023-3A Class A1R† | 4.923% (3 mo. USD Term SOFR + 1.17%) | # | 10/15/2038 | 25,540,000 | 25,557,265 | |||||||
| BDS LLC Series 2025-FL15 Class A† | 5.047% (1 mo. USD Term SOFR + 1.40%) | # | 3/19/2043 | 57,330,000 | 57,479,978 | |||||||
| BDS LLC Series 2025-FL16 Class A† | 5.047% (1 mo. USD Term SOFR + 1.40%) | # | 6/19/2043 | 42,710,000 | 42,769,444 | |||||||
| BDS LLC Series 2026-FL17 Class A† | 4.997% (1 mo. USD Term SOFR + 1.35%) | # | 5/19/2043 | 31,420,000 | 31,459,906 | |||||||
| Birch Grove CLO Ltd. Series 19A Class A1R3† | 4.937% (3 mo. USD Term SOFR + 1.22%) | # | 7/17/2037 | 84,220,000 | 84,325,275 | |||||||
| Black Diamond CLO Ltd. Series 2021-1A Class A1AR† | 4.983% (3 mo. USD Term SOFR + 1.25%) | # | 11/22/2034 | 64,530,000 | 64,530,516 | |||||||
| BlueMountain CLO XXIX Ltd. Series 2020-29A Class AR2† | 4.86% (3 mo. USD Term SOFR + 1.05%) | # | 7/25/2034 | 113,390,000 | 113,442,726 | |||||||
| BSPDF Issuer LLC Series 2026-FL3 Class A† | 5.089% (1 mo. USD Term SOFR + 1.45%) | # | 9/18/2043 | 44,270,000 | 44,380,683 | |||||||
| BSPDF Issuer LLC Series 2026-FL4 Class A† | 5.089% (1 mo. USD Term SOFR + 1.45%) | # | 11/18/2043 | 66,670,000 | 66,806,673 | |||||||
| BSPDF Issuer LLC Series 2026-FL5 Class A† | 5.10% (1 mo. USD Term SOFR + 1.30%) | # | 2/18/2044 | 27,070,000 | 27,092,888 | |||||||
| BSPRT Issuer LLC Series 2025-FL12 Class A† | 5.025% (1 mo. USD Term SOFR + 1.39%) | # | 1/17/2043 | 46,170,000 | 46,286,905 | |||||||
| Canyon CLO Ltd. Series 2020-2A Class AR2† | 4.783% (3 mo. USD Term SOFR + 1.03%) | # | 10/15/2034 | 17,350,000 | 17,363,481 | |||||||
| Capital Four U.S. CLO II Ltd. Series 2022-1A Class AR2† | 5.109% (3 mo. USD Term SOFR + 1.38%) | # | 1/20/2037 | 24,690,000 | 24,771,823 | |||||||
| See Notes to Schedule of Investments. | 231 |
Schedule of Investments (unaudited)(continued)
SHORT DURATION INCOME FUND August 31, 2026
| Investments | Interest Rate | Maturity Date | Principal Amount | Fair Value | ||||||||
| Other (continued) | ||||||||||||
| Carlyle Global Market Strategies CLO Ltd. Series 2016-1A Class A1R3† | 4.819% (3 mo. USD Term SOFR + 1.09%) | # | 4/20/2034 | $ | 26,019,406 | $ | 26,062,208 | |||||
| Carlyle U.S. CLO Ltd. Series 2017-2A Class AR3† | 4.949% (3 mo. USD Term SOFR + 1.22%) | # | 7/20/2037 | 6,830,000 | 6,834,399 | |||||||
| Carlyle U.S. CLO Ltd. Series 2020-2A Class A1R2† | 4.89% (3 mo. USD Term SOFR + 1.08%) | # | 1/25/2035 | 4,930,000 | 4,935,428 | |||||||
| Carlyle U.S. CLO Ltd. Series 2021-9A Class AR† | 4.839% (3 mo. USD Term SOFR + 1.11%) | # | 10/20/2034 | 65,630,000 | 65,738,158 | |||||||
| CarVal CLO I Ltd. Series 2018-1A Class AR† | 5.023% (3 mo. USD Term SOFR + 1.23%) | # | 7/16/2031 | 1,221,434 | 1,221,939 | |||||||
| CarVal CLO III Ltd. Series 2019-2A Class BR2† | 5.129% (3 mo. USD Term SOFR + 1.40%) | # | 7/20/2032 | 16,000,000 | 16,032,256 | |||||||
| Cathedral Lake VI Ltd. Series 2021-6A Class ANR† | 5.01% (3 mo. USD Term SOFR + 1.20%) | # | 4/25/2034 | 50,187,760 | 50,226,354 | |||||||
| Cedar Funding IX CLO Ltd. Series 2018-9A Class ARR† | 4.959% (3 mo. USD Term SOFR + 1.23%) | # | 7/20/2037 | 61,390,000 | 61,466,737 | |||||||
| Cherry Securitization Trust Series 2024- 1A Class A† | 5.70% | 4/15/2032 | 28,215,000 | 28,252,441 | ||||||||
| Cherry Securitization Trust Series 2025- 1A Class A† | 6.13% | 11/15/2032 | 46,190,000 | 46,495,769 | ||||||||
| CIFC Funding Ltd. Series 2017-5AR Class AR2†(c) | – | (e) | 7/17/2037 | 45,170,000 | 45,181,292 | |||||||
| Columbia Cent CLO 30 Ltd. Series 2020-30A Class A1R2† | 4.779% (3 mo. USD Term SOFR + 1.05%) | # | 1/20/2034 | 30,241,731 | 30,232,266 | |||||||
| Columbia Cent CLO 31 Ltd. Series 2021-31A Class A1R† | 4.829% (3 mo. USD Term SOFR + 1.10%) | # | 4/20/2034 | 32,707,519 | 32,692,637 | |||||||
| Columbia Cent CLO 32 Ltd. Series 2022-32A Class A1R2† | 4.895% (3 mo. USD Term SOFR + 1.12%) | # | 7/24/2034 | 87,201,053 | 87,249,363 | |||||||
| Crown City CLO IV Series 2022-4A Class A1R2† | 5.009% (3 mo. USD Term SOFR + 1.28%) | # | 4/20/2037 | 82,530,000 | 82,675,748 | |||||||
| Crown City CLO V Series 2023-5A Class A1R2† | 4.979% (3 mo. USD Term SOFR + 1.25%) | # | 4/22/2037 | 60,310,000 | 60,370,008 | |||||||
| 232 | See Notes to Schedule of Investments. |
Schedule of Investments (unaudited)(continued)
SHORT DURATION INCOME FUND August 31, 2026
| Investments | Interest Rate | Maturity Date | Principal Amount | Fair Value | ||||||||
| Other (continued) | ||||||||||||
| Dell Equipment Finance Trust Series 2026-1A Class A3† | 4.32% | 12/22/2031 | $ | 10,985,000 | $ | 10,931,144 | ||||||
| DLLMT LLC Series 2024-1A Class A3† | 4.84% | 8/21/2028 | 7,643,053 | 7,661,333 | ||||||||
| Dryden 104 CLO Ltd. Series 2022-104A Class A1R† | 5.023% (3 mo. USD Term SOFR + 1.29%) | # | 8/20/2034 | 95,700,000 | 95,781,728 | |||||||
| Dryden 42 Senior Loan Fund Series 2016-42A Class A1R3† | 4.943% (3 mo. USD Term SOFR + 1.19%) | # | 7/15/2037 | 61,470,000 | 61,545,485 | |||||||
| Dryden 43 Senior Loan Fund Series 2016-43A Class AR3† | 4.799% (3 mo. USD Term SOFR + 1.07%) | # | 4/20/2034 | 23,866,670 | 23,886,885 | |||||||
| Dryden 78 CLO Ltd. Series 2020-78A Class A1R2† | 5.00% (3 mo. USD Term SOFR + 1.25%) | # | 4/17/2037 | 27,100,000 | 27,136,341 | |||||||
| Eaton Vance CLO Ltd. Series 2019-1A Class AR3† | 5.003% (3 mo. USD Term SOFR + 1.25%) | # | 7/15/2037 | 54,020,000 | 54,063,702 | |||||||
| Empower CLO Ltd. Series 2024-1A Class A1R† | 5.09% (3 mo. USD Term SOFR + 1.28%) | # | 4/25/2037 | 39,570,000 | 39,638,456 | |||||||
| Empower CLO Ltd. Series 2024-2AR Class A1R†(c) | – | (e) | 7/15/2037 | 77,650,000 | 77,669,801 | |||||||
| FCR Issuer LLC Series 2026-FL1 Class A† | 5.244% (1 mo. USD Term SOFR + 1.50%) | # | 8/19/2043 | 48,150,000 | 48,190,870 | |||||||
| Fortress Credit BSL XIII Ltd. Series 2021-2A Class AR† | 4.692% (3 mo. USD Term SOFR + 1.00%) | # | 7/20/2034 | 44,620,000 | 44,661,675 | |||||||
| Fortress Credit BSL XXI Ltd. Series 2024-1A Class AR† | 5.155% (3 mo. USD Term SOFR + 1.38%) | # | 4/24/2037 | 12,990,000 | 13,017,915 | |||||||
| FS Rialto Issuer LLC Series 2025-FL10 Class A† | 5.032% (1 mo. USD Term SOFR + 1.39%) | # | 8/19/2042 | 37,590,000 | 37,626,643 | |||||||
| INCREF LLC Series 2026-FL3 Class A† | 5.047% (1 mo. USD Term SOFR + 1.40%) | # | 1/19/2044 | 45,630,000 | 45,686,818 | |||||||
| Invesco U.S. CLO Ltd. Series 2024-2A Class A1R† | 4.963% (3 mo. USD Term SOFR + 1.21%) | # | 7/15/2037 | 5,000,000 | 5,002,700 | |||||||
| Katayma CLO II Ltd. Series 2024-2A Class A1R† | 4.979% (3 mo. USD Term SOFR + 1.25%) | # | 4/20/2037 | 40,100,000 | 40,119,890 | |||||||
| See Notes to Schedule of Investments. | 233 |
Schedule of Investments (unaudited)(continued)
SHORT DURATION INCOME FUND August 31, 2026
| Investments | Interest Rate | Maturity Date | Principal Amount | Fair Value | ||||||||
| Other (continued) | ||||||||||||
| Kennedy Lewis CLO 13 Ltd. Series 2023-13A Class A1R† | 4.869% (3 mo. USD Term SOFR + 1.14%) | # | 1/20/2038 | $ | 72,455,000 | $ | 72,473,114 | |||||
| Kennedy Lewis CLO 14 Ltd. Series 2024-14A Class AR† | 5.053% (3 mo. USD Term SOFR + 1.32%) | # | 4/22/2037 | 66,860,000 | 67,159,466 | |||||||
| KKR CLO 15 Ltd. Series 15 Class BR2† | 5.279% (3 mo. USD Term SOFR + 1.55%) | # | 1/18/2032 | 7,890,000 | 7,897,732 | |||||||
| KKR CLO 24 Ltd. Series 24 Class A1R† | 5.071% (3 mo. USD Term SOFR + 1.34%) | # | 4/20/2032 | 22,731,245 | 22,746,884 | |||||||
| KKR CLO 40 Ltd. Series 40A Class AR† | 5.029% (3 mo. USD Term SOFR + 1.30%) | # | 10/20/2034 | 16,189,275 | 16,197,256 | |||||||
| LCM 33 Ltd. Series 33A Class AR† | 4.909% (3 mo. USD Term SOFR + 1.18%) | # | 7/20/2034 | 65,550,000 | 65,578,449 | |||||||
| LCM 34 Ltd. Series 34A Class A1R† | 4.909% (3 mo. USD Term SOFR + 1.18%) | # | 10/20/2034 | 122,750,000 | 122,857,038 | |||||||
| LCM 35 Ltd. Series 35A Class A1R† | 4.833% (3 mo. USD Term SOFR + 1.08%) | # | 10/15/2034 | 66,710,000 | 66,779,178 | |||||||
| Lendmark Funding Trust Series 2021-2A Class A† | 2.00% | 4/20/2032 | 138,926,000 | 135,736,315 | ||||||||
| Lendmark Funding Trust Series 2024-1A Class A† | 5.53% | 6/21/2032 | 32,801,000 | 32,928,793 | ||||||||
| Lendmark Funding Trust Series 2025-1A Class A† | 4.94% | 9/20/2034 | 32,902,000 | 32,799,185 | ||||||||
| Lendmark Funding Trust Series 2026-1A Class A† | 4.80% | 11/20/2035 | 32,940,000 | 32,627,857 | ||||||||
| M&T Equipment LLC Series 2026-1A Class A3† | 4.80% | 11/18/2030 | 10,000,000 | 9,995,121 | ||||||||
| M&T Equipment LLC Series 2026-1A Class A4† | 4.91% | 7/18/2033 | 5,700,000 | 5,695,110 | ||||||||
| Madison Park Funding LII Ltd. Series 2021-52A Class AR† | 4.833% (3 mo. USD Term SOFR + 1.10%) | # | 1/22/2035 | 40,000,000 | 40,044,840 | |||||||
| Madison Park Funding LVII Ltd. Series 2022-57A Class A1R† | 5.09% (3 mo. USD Term SOFR + 1.28%) | # | 7/27/2034 | 28,370,000 | 28,389,859 | |||||||
| Madison Park Funding XXX Ltd. Series 2018-30A Class A1R† | 5.153% (3 mo. USD Term SOFR + 1.36%) | # | 7/16/2037 | 74,900,000 | 75,001,789 | |||||||
| Madison Park Funding XXXI Ltd. Series 2018-31AR Class A1A3†(c) | – | (e) | 7/23/2037 | 41,910,000 | 41,920,687 | |||||||
| Madison Park Funding XXXII Ltd. Series 2018-32A Class A1R2† | 5.093% (3 mo. USD Term SOFR + 1.36%) | # | 7/22/2037 | 43,630,000 | 43,661,501 | |||||||
| 234 | See Notes to Schedule of Investments. |
Schedule of Investments (unaudited)(continued)
SHORT DURATION INCOME FUND August 31, 2026
| Investments | Interest Rate | Maturity Date | Principal Amount | Fair Value | ||||||||
| Other (continued) | ||||||||||||
| Man U.S. CLO Ltd. Series 2021-1A Class A1R† | 4.847% (3 mo. USD Term SOFR + 1.15%) | # | 10/15/2038 | $ | 82,160,000 | $ | 82,200,258 | |||||
| Marble Point CLO XXIII Ltd. Series 2021-4A Class A1R† | 4.893% (3 mo. USD Term SOFR + 1.16%) | # | 1/22/2035 | 23,100,000 | 23,123,146 | |||||||
| Mariner Finance Issuance Trust Series 2021-BA Class A† | 2.10% | 11/20/2036 | 69,465,000 | 68,310,332 | ||||||||
| MF1 LLC Series 2022-FL9 Class A† | 5.797% (1 mo. USD Term SOFR + 2.15%) | # | 6/19/2037 | 22,979,577 | 22,982,501 | |||||||
| MF1 LLC Series 2026-FL22 Class A† | 5.039% (1 mo. USD Term SOFR + 1.40%) | # | 11/18/2043 | 76,150,000 | 76,376,070 | |||||||
| MF1 Ltd. Series 2021-FL7 Class A† | 4.833% (1 mo. USD Term SOFR + 1.19%) | # | 10/16/2036 | 2,734,264 | 2,736,686 | |||||||
| Nassau Ltd. Series 2020-1A Class A1RR† | 4.853% (3 mo. USD Term SOFR + 1.10%) | # | 1/15/2035 | 79,460,000 | 79,466,039 | |||||||
| Navesink CLO 2 Ltd. Series 2024-2A Class A1R† | 4.943% (3 mo. USD Term SOFR + 1.19%) | # | 1/15/2036 | 37,950,000 | 37,897,819 | |||||||
| Navesink CLO 3 Ltd. Series 2025-3A Class A1R† | 4.836% (3 mo. USD Term SOFR + 1.15%) | # | 7/15/2037 | 84,790,000 | 84,887,508 | |||||||
| Navesink CLO 4 Ltd. Series 2025-4A Class A1† | 5.033% (3 mo. USD Term SOFR + 1.28%) | # | 10/15/2037 | 131,830,000 | 131,895,388 | |||||||
| Neuberger Berman Loan Advisers CLO 54 Ltd. Series 2024-54A Class AR† | 4.952% (3 mo. USD Term SOFR + 1.20%) | # | 4/23/2038 | 109,000,000 | 109,382,917 | |||||||
| NGC Ltd. Series 2024-1A Class A1R† | 4.999% (3 mo. USD Term SOFR + 1.27%) | # | 7/20/2037 | 95,050,000 | 95,095,624 | |||||||
| NMEF Funding LLC Series 2025-B Class A2† | 4.64% | 1/18/2033 | 21,790,026 | 21,812,287 | ||||||||
| Oaktree CLO Ltd. Series 2019-4A Class AR3† | 4.959% (3 mo. USD Term SOFR + 1.23%) | # | 7/20/2037 | 94,330,000 | 94,394,427 | |||||||
| Octagon Investment Partners 45 Ltd. Series 2019-1A Class A1RR† | 4.903% (3 mo. USD Term SOFR + 1.15%) | # | 4/15/2035 | 13,775,000 | 13,790,855 | |||||||
| OneMain Financial Issuance Trust Series 2019-2A Class A† | 3.14% | 10/14/2036 | 75,865,000 | 75,109,946 | ||||||||
| OneMain Financial Issuance Trust Series 2020-2A Class C† | 2.76% | 9/14/2035 | 14,375,000 | 13,959,338 | ||||||||
| OneMain Financial Issuance Trust Series 2021-1A Class A1† | 1.55% | 6/16/2036 | 14,386,482 | 14,139,212 | ||||||||
| See Notes to Schedule of Investments. | 235 |
Schedule of Investments (unaudited)(continued)
SHORT DURATION INCOME FUND August 31, 2026
| Investments | Interest Rate | Maturity Date | Principal Amount | Fair Value | ||||||||
| Other (continued) | ||||||||||||
| Palmer Square CLO Ltd. Series 2024-1A Class AR† | 4.993% (3 mo. USD Term SOFR + 1.24%) | # | 4/15/2037 | $ | 55,360,000 | $ | 55,451,787 | |||||
| Park Avenue Institutional Advisers CLO Ltd. Series 2022-2A Class A1R2† | 5.057% (3 mo. USD Term SOFR + 1.25%) | # | 1/20/2037 | 86,180,000 | 86,286,605 | |||||||
| PEAC Solutions Receivables LLC Series 2025-1A Class A3† | 5.04% | 7/20/2032 | 41,365,000 | 41,573,583 | ||||||||
| PEAC Solutions Receivables LLC Series 2026-1A Class A3† | 4.39% | 7/20/2033 | 7,500,000 | 7,427,381 | ||||||||
| Peebles Park CLO Ltd. Series 2024-1A Class AR† | 4.954% (3 mo. USD Term SOFR + 1.22%) | # | 4/21/2037 | 14,710,000 | 14,725,975 | |||||||
| PFP Ltd. Series 2025-12 Class A† | 5.128% (1 mo. USD Term SOFR + 1.49%) | # | 12/18/2042 | 79,320,000 | 79,746,008 | |||||||
| PFP Ltd. Series 2026-13 Class A† | 5.139% (1 mo. USD Term SOFR + 1.50%) | # | 8/18/2043 | 27,040,000 | 27,186,896 | |||||||
| PFP Ltd. Series 2026-14 Class A† | 4.959% (1 mo. USD Term SOFR + 1.32%) | # | 12/18/2043 | 67,170,000 | 67,233,811 | |||||||
| PPM CLO 2 Ltd. Series 2019-2A Class AR3† | 4.943% (3 mo. USD Term SOFR + 1.15%) | # | 4/16/2037 | 110,600,000 | 110,756,499 | |||||||
| Regatta XI Funding Ltd. Series 2018-1A Class AR2† | 4.98% (3 mo. USD Term SOFR + 1.23%) | # | 7/17/2037 | 64,060,000 | 64,108,878 | |||||||
| Sandstone Peak III Ltd. Series 2024-1A Class A1R† | 5.11% (3 mo. USD Term SOFR + 1.30%) | # | 4/25/2037 | 48,400,000 | 48,514,563 | |||||||
| Saratoga Investment Corp. Senior Loan Fund Ltd. Series 2022-1A Class A1R† | 5.119% (3 mo. USD Term SOFR + 1.39%) | # | 10/20/2037 | 75,440,000 | 75,485,038 | |||||||
| SCF Equipment Leasing LLC Series 2024-1A Class A3† | 5.52% | 1/20/2032 | 5,645,275 | 5,682,598 | ||||||||
| SCF Equipment Leasing LLC Series 2025-2A Class A3† | 4.33% | 6/20/2036 | 58,660,000 | 57,861,690 | ||||||||
| SCF Equipment Trust LLC Series 2025-1A Class A3† | 5.11% | 11/21/2033 | 34,834,000 | 35,028,137 | ||||||||
| Signal Peak CLO 4 Ltd. Series 2017-4A Class AR2† | 4.93% (3 mo. USD Term SOFR + 1.12%) | # | 10/26/2034 | 81,700,000 | 81,760,295 | |||||||
| Signal Peak CLO 5 Ltd. Series 2018-5A Class A1R2† | 5.04% (3 mo. USD Term SOFR + 1.23%) | # | 4/25/2037 | 25,730,000 | 25,770,190 | |||||||
| 236 | See Notes to Schedule of Investments. |
Schedule of Investments (unaudited)(continued)
SHORT DURATION INCOME FUND August 31, 2026
| Investments | Interest Rate | Maturity Date | Principal Amount | Fair Value | ||||||||
| Other (continued) | ||||||||||||
| Silver Point CLO 42 Ltd. Series 2024-42A Class A1R† | 4.99% (3 mo. USD Term SOFR + 1.24%) | # | 4/17/2037 | $ | 2,930,000 | $ | 2,933,466 | |||||
| Sixth Street CLO XXV Ltd. Series 2024-25A Class AR† | 4.975% (3 mo. USD Term SOFR + 1.20%) | # | 7/24/2037 | 64,550,000 | 64,751,912 | |||||||
| Sound Point CLO XXXI Ltd. Series 2021-3A Class AR† | 4.88% (3 mo. USD Term SOFR + 1.07%) | # | 10/25/2034 | 62,160,000 | 62,198,664 | |||||||
| Sycamore Tree CLO Ltd. Series 2023-3A Class A1R2† | 4.989% (3 mo. USD Term SOFR + 1.26%) | # | 4/20/2037 | 77,140,000 | 77,279,006 | |||||||
| THL Credit Wind River CLO Ltd. Series 2019-3A Class AR3† | 4.953% (3 mo. USD Term SOFR + 1.20%) | # | 1/15/2038 | 117,210,000 | 117,250,789 | |||||||
| Trimaran CAVU Ltd. Series 2021-2A Class AR† | 4.83% (3 mo. USD Term SOFR + 1.02%) | # | 10/25/2034 | 1,250,000 | 1,250,822 | |||||||
| Trinitas CLO VII Ltd. Series 2017-7A Class A1R2† | 4.87% (3 mo. USD Term SOFR + 1.06%) | # | 1/25/2035 | 2,060,000 | 2,061,005 | |||||||
| Trinitas CLO XVI Ltd. Series 2021-16A Class A1R† | 4.859% (3 mo. USD Term SOFR + 1.13%) | # | 7/20/2034 | 29,590,000 | 29,610,240 | |||||||
| Trinitas CLO XVI Ltd. Series 2021-16AR Class B1R2†(c) | – | (e) | 7/20/2034 | 22,000,000 | 22,011,000 | |||||||
| Trinitas CLO XVIII Ltd. Series 2021-18A Class A1R† | 4.949% (3 mo. USD Term SOFR + 1.22%) | # | 1/20/2035 | 3,000,000 | 3,003,201 | |||||||
| Trysail CLO Ltd. Series 2021-1A Class A1R† | 5.079% (3 mo. USD Term SOFR + 1.35%) | # | 10/20/2036 | 102,740,000 | 102,853,425 | |||||||
| U.S. Bank C&I Credit-Linked Notes Series 2025-SUP2 Class B1† | 4.818% | 9/25/2032 | 25,347,640 | 24,861,591 | ||||||||
| U.S. Bank NA Series 2025-SUP1 Class B† | 5.582% | 2/25/2032 | 20,338,791 | 20,230,851 | ||||||||
| Venture 42 CLO Ltd. Series 2021-42A Class A1AR† | 4.803% (3 mo. USD Term SOFR + 1.05%) | # | 4/15/2034 | 46,100,000 | 46,121,114 | |||||||
| Venture 45 CLO Ltd. Series 2022-45A Class A1R† | 4.999% (3 mo. USD Term SOFR + 1.27%) | # | 7/20/2035 | 93,400,000 | 93,448,848 | |||||||
| Verizon Master Trust Series 2023-6 Class A† | 5.35% | 9/22/2031 | 40,607,000 | 41,193,958 | ||||||||
| Verizon Master Trust Series 2025-2 Class A† | 4.94% | 1/20/2033 | 63,000,000 | 63,475,366 | ||||||||
| See Notes to Schedule of Investments. | 237 |
Schedule of Investments (unaudited)(continued)
SHORT DURATION INCOME FUND August 31, 2026
| Investments | Interest Rate | Maturity Date | Principal Amount | Fair Value | ||||||||
| Other (continued) | ||||||||||||
| Verizon Master Trust Series 2026-2 Class A1A | 4.51% | 6/21/2032 | $ | 47,960,000 | $ | 47,747,873 | ||||||
| Vibrant CLO XII Ltd. Series 2021-12A Class A1A2† | 4.879% (3 mo. USD Term SOFR + 1.15%) | # | 4/20/2034 | 22,593,747 | 22,603,259 | |||||||
| Vibrant CLO XR Ltd. Series 2018-10RA Class A1R† | 4.969% (3 mo. USD Term SOFR + 1.24%) | # | 4/20/2036 | 96,140,000 | 96,213,836 | |||||||
| Wellfleet CLO Ltd. Series 2021-1A Class BR† | 5.379% (3 mo. USD Term SOFR + 1.65%) | # | 4/20/2034 | 3,580,000 | 3,588,034 | |||||||
| Wellfleet CLO Ltd. Series 2022-1AR Class A1R2†(c) | – | (e) | 7/15/2037 | 82,620,000 | 82,640,655 | |||||||
| Wind River CLO Ltd. Series 2022-1A Class ARR† | 4.879% (3 mo. USD Term SOFR + 1.15%) | # | 7/20/2035 | 91,260,000 | 91,333,829 | |||||||
| Wind River CLO Ltd. Series 2024-1A Class AR† | 5.059% (3 mo. USD Term SOFR + 1.33%) | # | 4/20/2037 | 18,140,000 | 18,178,620 | |||||||
| Zais CLO 11 Ltd. Series 2018-11A Class BR† | 5.519% (3 mo. USD Term SOFR + 1.79%) | # | 1/20/2032 | 9,893,846 | 9,905,650 | |||||||
| Zais CLO 15 Ltd. Series 2020-15A Class A1RR† | 5.328% (3 mo. USD Term SOFR + 1.49%) | # | 7/28/2037 | 36,500,000 | 36,537,047 | |||||||
| Zais CLO 16 Ltd. Series 2020-16A Class A1R2† | 4.859% (3 mo. USD Term SOFR + 1.13%) | # | 10/20/2034 | 60,190,000 | 60,077,144 | |||||||
| Total | 7,282,340,009 | |||||||||||
| Student Loan 0.25% | ||||||||||||
| Navient Private Education Refi Loan Trust Series 2021-CA Class A† | 1.06% | 10/15/2069 | 43,740,150 | 39,572,213 | ||||||||
| Navient Private Education Refi Loan Trust Series 2022-A Class A† | 2.23% | 7/15/2070 | 43,619,942 | 39,582,436 | ||||||||
| Navient Refinance Loan Trust Series 2026-A Class A† | 4.50% | 1/18/2056 | 15,369,983 | 15,086,091 | ||||||||
| Nelnet Student Loan Trust Series 2021-A Class APT1† | 1.36% | 4/20/2062 | 15,066,850 | 14,343,602 | ||||||||
| Total | 108,584,342 | |||||||||||
| Total Asset-Backed Securities (cost $10,628,416,717) | 10,608,554,587 | |||||||||||
| 238 | See Notes to Schedule of Investments. |
Schedule of Investments (unaudited)(continued)
SHORT DURATION INCOME FUND August 31, 2026
| Investments | Interest Rate | Maturity Date | Principal Amount | Fair Value | ||||||||
| CONVERTIBLE BONDS 0.05% | ||||||||||||
| Equity Real Estate 0.05% | ||||||||||||
| Redfin Corp. (cost $21,876,793) | 0.50% | 4/1/2027 | $ | 22,512,000 | $ | 21,892,920 | ||||||
| CORPORATE BONDS 51.41% | ||||||||||||
| Advertising 0.17% | ||||||||||||
| Clear Channel Outdoor Holdings, Inc.† | 7.50% | 6/1/2029 | 71,739,000 | 71,923,886 | ||||||||
| Clear Channel Outdoor Holdings, Inc.† | 7.75% | 4/15/2028 | 4,141,000 | 4,148,531 | ||||||||
| Total | 76,072,417 | |||||||||||
| Aerospace/Defense 0.53% | ||||||||||||
| Boeing Co. | 5.15% | 5/1/2030 | 20,632,000 | 20,697,196 | ||||||||
| Boeing Co. | 8.625% | 11/15/2031 | 16,857,000 | 19,333,869 | ||||||||
| Czechoslovak Group AS (Czech Republic)†(f) | 6.50% | 1/10/2031 | 71,926,000 | 73,195,325 | ||||||||
| Hexcel Corp. | 4.90% | 5/15/2031 | 39,607,000 | 38,908,913 | ||||||||
| TransDigm, Inc.† | 6.75% | 8/15/2028 | 77,749,000 | 78,340,048 | ||||||||
| Total | 230,475,351 | |||||||||||
| Agriculture 0.29% | ||||||||||||
| Imperial Brands Finance PLC (United Kingdom)†(f) | 4.875% | 2/7/2032 | 38,278,000 | 37,453,653 | ||||||||
| Imperial Brands Finance PLC (United Kingdom)†(f) | 5.50% | 2/1/2030 | 25,219,000 | 25,510,145 | ||||||||
| Japan Tobacco, Inc. (Japan)†(f) | 5.25% | 6/15/2030 | 62,276,000 | 62,880,563 | ||||||||
| Total | 125,844,361 | |||||||||||
| Airlines 0.07% | ||||||||||||
| United Airlines Pass-Through Trust Class AA | 3.45% | 6/1/2029 | 5,874,331 | 5,768,533 | ||||||||
| United Airlines Pass-Through Trust Class A | 5.875% | 4/15/2029 | 24,831,294 | 25,061,435 | ||||||||
| Total | 30,829,968 | |||||||||||
| Auto Manufacturers 1.85% | ||||||||||||
| Allison Transmission, Inc.† | 5.875% | 6/1/2029 | 12,334,000 | 12,390,675 | ||||||||
| Ford Motor Credit Co. LLC | 4.271% | 1/9/2027 | 20,620,000 | 20,588,281 | ||||||||
| Ford Motor Credit Co. LLC | 4.97% | 4/6/2029 | 19,083,000 | 18,884,549 | ||||||||
| Ford Motor Credit Co. LLC | 5.125% | 11/5/2026 | 135,435,000 | 135,575,545 | ||||||||
| Ford Motor Credit Co. LLC | 5.303% | 9/6/2029 | 49,662,000 | 49,520,757 | ||||||||
| Ford Motor Credit Co. LLC | 5.431% | 8/13/2029 | 49,355,000 | 49,355,302 | ||||||||
| Ford Motor Credit Co. LLC | 5.80% | 3/8/2029 | 58,650,000 | 59,135,963 | ||||||||
| Ford Motor Credit Co. LLC | 5.85% | 5/17/2027 | 39,899,000 | 40,154,334 | ||||||||
| Ford Motor Credit Co. LLC | 7.35% | 11/4/2027 | 45,365,000 | 46,514,995 | ||||||||
| See Notes to Schedule of Investments. | 239 |
Schedule of Investments (unaudited)(continued)
SHORT DURATION INCOME FUND August 31, 2026
| Investments | Interest Rate | Maturity Date | Principal Amount | Fair Value | ||||||||
| Auto Manufacturers (continued) | ||||||||||||
| General Motors Financial Co., Inc. | 4.943% (SOFR + 1.29%) | # | 1/7/2030 | $ | 23,103,000 | $ | 23,323,414 | |||||
| General Motors Financial Co., Inc. | 5.55% | 7/15/2029 | 47,067,000 | 47,735,601 | ||||||||
| General Motors Financial Co., Inc. | 5.65% | 1/17/2029 | 14,500,000 | 14,712,668 | ||||||||
| Hyundai Capital America† | 2.00% | 6/15/2028 | 42,180,000 | 40,111,831 | ||||||||
| Hyundai Capital America† | 5.30% | 1/8/2029 | 23,600,000 | 23,740,647 | ||||||||
| Hyundai Capital America† | 6.10% | 9/21/2028 | 35,000,000 | 35,752,494 | ||||||||
| Nissan Motor Acceptance Co. LLC† | 1.85% | 9/16/2026 | 106,778,000 | 106,673,387 | ||||||||
| Nissan Motor Acceptance Co. LLC† | 6.95% | 9/15/2026 | 52,315,000 | 52,363,653 | ||||||||
| Stellantis Financial Services U.S. Corp.† | 5.40% | 6/15/2029 | 27,688,000 | 27,356,792 | ||||||||
| Total | 803,890,888 | |||||||||||
| Auto Parts & Equipment 0.02% | ||||||||||||
| ZF North America Capital, Inc.† | 6.875% | 4/14/2028 | 6,681,000 | 6,795,993 | ||||||||
| Banks 7.45% | ||||||||||||
| AIB Group PLC (Ireland)†(f) | 5.32% (SOFR + 1.65%) | # | 5/15/2031 | 10,053,000 | 10,088,375 | |||||||
| AIB Group PLC (Ireland)†(f) | 6.608% (SOFR + 2.33%) | # | 9/13/2029 | 43,907,000 | 45,278,148 | |||||||
| Banco Internacional del Peru SAA Interbank (Peru)†(f) | 4.80% | 7/15/2031 | 24,683,000 | 24,104,924 | ||||||||
| Bank Hapoalim BM (Israel)(f) | 4.722% | 7/14/2029 | 45,000,000 | 44,225,879 | ||||||||
| Bank Leumi Le-Israel BM (Israel)(f) | 5.343% | 6/29/2029 | 36,280,000 | 36,469,145 | ||||||||
| Bank of Ireland Group PLC (Ireland)†(f) | 2.029% (1 yr. CMT + 1.10%) | # | 9/30/2027 | 64,211,000 | 64,080,649 | |||||||
| Bank of Ireland Group PLC (Ireland)†(f) | 4.997% (SOFR + 1.16%) | # | 11/12/2032 | 34,179,000 | 33,618,020 | |||||||
| Bank of Ireland Group PLC (Ireland)†(f) | 5.601% (SOFR + 1.62%) | # | 3/20/2030 | 33,447,000 | 33,930,788 | |||||||
| Barclays PLC (United Kingdom)(f) | 2.279% (1 yr. CMT + 1.05%) | # | 11/24/2027 | 4,346,000 | 4,323,981 | |||||||
| Barclays PLC (United Kingdom)(f) | 4.836% | 5/9/2028 | 10,192,000 | 10,174,716 | ||||||||
| Barclays PLC (United Kingdom)(f) | 7.385% (1 yr. CMT + 3.30%) | # | 11/2/2028 | 30,351,000 | 31,215,285 | |||||||
| BNP Paribas SA (France)†(f) | 1.904% (SOFR + 1.61%) | # | 9/30/2028 | 36,032,658 | 34,954,702 | |||||||
| BNP Paribas SA (France)†(f) | 2.591% (SOFR + 1.23%) | # | 1/20/2028 | 150,439,000 | 149,223,170 | |||||||
| BNP Paribas SA (France)†(f) | 5.283% (SOFR + 1.28%) | # | 11/19/2030 | 23,476,000 | 23,534,900 | |||||||
| BPCE SA (France)†(f) | 2.045% (SOFR + 1.09%) | # | 10/19/2027 | 21,834,000 | 21,760,095 | |||||||
| 240 | See Notes to Schedule of Investments. |
Schedule of Investments (unaudited)(continued)
SHORT DURATION INCOME FUND August 31, 2026
| Investments | Interest Rate | Maturity Date | Principal Amount | Fair Value | ||||||||
| Banks (continued) | ||||||||||||
| Capital One NA | 5.974% (5 yr. USD SOFR ICE Swap + 1.73%) | # | 8/9/2028 | $ | 13,956,000 | $ | 14,233,004 | |||||
| Citigroup, Inc. | 3.07% (SOFR + 1.28%) | # | 2/24/2028 | 48,447,000 | 48,112,393 | |||||||
| Citigroup, Inc. | 4.503% (SOFR + 1.17%) | # | 9/11/2031 | 77,893,000 | 76,014,057 | |||||||
| Citigroup, Inc. | 4.786% (SOFR + 0.87%) | # | 3/4/2029 | 9,020,000 | 9,019,858 | |||||||
| Citigroup, Inc. | 5.174% (SOFR + 1.36%) | # | 2/13/2030 | 61,719,000 | 62,020,638 | |||||||
| Citizens Financial Group, Inc. | 5.253% (SOFR + 1.26%) | # | 3/5/2031 | 36,493,000 | 36,516,489 | |||||||
| Citizens Financial Group, Inc. | 5.841% (SOFR + 2.01%) | # | 1/23/2030 | 65,099,000 | 66,265,439 | |||||||
| Danske Bank AS (Denmark)†(f) | 4.613% (1 yr. CMT + 1.10%) | # | 10/2/2030 | 32,816,000 | 32,403,457 | |||||||
| Deutsche Bank AG | 4.875% (5 yr. USD ICE Swap + 2.55%) | # | 12/1/2032 | 27,938,000 | 27,739,933 | |||||||
| First Citizens BancShares, Inc. | 5.231% (SOFR + 1.41%) | # | 3/12/2031 | 80,856,000 | 79,682,016 | |||||||
| First Horizon Corp. | 5.514% (SOFR + 1.77%) | # | 3/7/2031 | 32,102,000 | 32,118,295 | |||||||
| First-Citizens Bank & Trust Co. | 5.097% (SOFR + 1.15%) | # | 7/13/2029 | 47,023,000 | 46,930,235 | |||||||
| Freedom Mortgage Corp.† | 6.625% | 1/15/2027 | 65,526,000 | 65,697,351 | ||||||||
| Goldman Sachs Bank USA | 4.656% (SOFR + 0.72%) | # | 6/3/2029 | 32,370,000 | 32,274,133 | |||||||
| Goldman Sachs Group, Inc. | 2.64% (SOFR + 1.11%) | # | 2/24/2028 | 46,616,000 | 46,209,155 | |||||||
| Goldman Sachs Group, Inc. | 4.148% (SOFR + 0.71%) | # | 1/21/2029 | 43,135,000 | 42,762,063 | |||||||
| Goldman Sachs Group, Inc. | 4.223% (3 mo. USD Term SOFR + 1.56%) | # | 5/1/2029 | 87,177,000 | 86,338,503 | |||||||
| Goldman Sachs Group, Inc. | 4.369% (SOFR + 1.06%) | # | 10/21/2031 | 26,115,000 | 25,255,091 | |||||||
| Goldman Sachs Group, Inc. | 4.516% (SOFR + 0.96%) | # | 1/21/2032 | 58,587,000 | 56,766,431 | |||||||
| Goldman Sachs Group, Inc. | 5.207% (SOFR + 1.08%) | # | 1/28/2031 | 16,537,000 | 16,553,399 | |||||||
| Goldman Sachs Group, Inc. | 5.218% (SOFR + 1.58%) | # | 4/23/2031 | 39,256,000 | 39,288,033 | |||||||
| Goldman Sachs Group, Inc. | 5.727% (SOFR + 1.27%) | # | 4/25/2030 | 52,714,000 | 53,590,344 | |||||||
| See Notes to Schedule of Investments. | 241 |
Schedule of Investments (unaudited)(continued)
SHORT DURATION INCOME FUND August 31, 2026
| Investments | Interest Rate | Maturity Date | Principal Amount | Fair Value | ||||||||
| Banks (continued) | ||||||||||||
| HDFC Bank Ltd. (India)†(f) | 5.159% | 8/26/2029 | $ | 32,837,000 | $ | 32,731,061 | ||||||
| Intesa Sanpaolo SpA (Italy)†(f) | 4.198% (1 yr. CMT + 2.60%) | # | 6/1/2032 | 79,368,000 | 74,384,579 | |||||||
| Intesa Sanpaolo SpA (Italy)†(f) | 5.00% (1 yr. CMT + 0.80%) | # | 6/29/2030 | 22,000,000 | 21,883,538 | |||||||
| JPMorgan Chase & Co. | 2.947% (SOFR + 1.17%) | # | 2/24/2028 | 13,267,000 | 13,169,892 | |||||||
| JPMorgan Chase & Co. | 3.54% (3 mo. USD Term SOFR + 1.64%) | # | 5/1/2028 | 72,094,000 | 71,602,519 | |||||||
| JPMorgan Chase & Co. | 3.702% (3 mo. USD Term SOFR + 1.42%) | # | 5/6/2030 | 11,651,000 | 11,290,658 | |||||||
| JPMorgan Chase & Co. | 3.782% (3 mo. USD Term SOFR + 1.60%) | # | 2/1/2028 | 22,404,000 | 22,336,989 | |||||||
| JPMorgan Chase & Co. | 4.323% (SOFR + 1.56%) | # | 4/26/2028 | 15,209,000 | 15,181,826 | |||||||
| JPMorgan Chase & Co. | 4.408% (SOFR + 0.82%) | # | 4/23/2030 | 57,650,000 | 56,888,218 | |||||||
| JPMorgan Chase & Co. | 4.851% (SOFR + 1.99%) | # | 7/25/2028 | 14,499,000 | 14,534,414 | |||||||
| JPMorgan Chase & Co. | 5.14% (SOFR + 1.01%) | # | 1/24/2031 | 25,634,000 | 25,717,322 | |||||||
| JPMorgan Chase & Co. | 5.581% (SOFR + 1.16%) | # | 4/22/2030 | 10,881,000 | 11,051,730 | |||||||
| Macquarie Bank Ltd. (Australia)†(f) | 3.624% | 6/3/2030 | 23,243,000 | 21,932,167 | ||||||||
| Macquarie Group Ltd. (Australia)†(f)(g) | 3.763% (3 mo. USD Term SOFR + 1.63%) | # | 11/28/2028 | 38,587,000 | 38,094,158 | |||||||
| Morgan Stanley | 4.238% (SOFR + 0.80%) | # | 1/9/2030 | 49,786,000 | 48,970,305 | |||||||
| Morgan Stanley | 4.356% (SOFR + 1.07%) | # | 10/22/2031 | 66,813,000 | 64,647,455 | |||||||
| Morgan Stanley | 4.431% (3 mo. USD Term SOFR + 1.89%) | # | 1/23/2030 | 5,565,000 | 5,497,318 | |||||||
| Morgan Stanley | 4.493% (SOFR + 0.95%) | # | 1/16/2032 | 59,981,000 | 58,148,552 | |||||||
| Morgan Stanley | 4.555% (SOFR + 0.96%) | # | 4/10/2030 | 76,245,000 | 75,393,134 | |||||||
| Morgan Stanley | 4.708% (SOFR + 1.20%) | # | 3/12/2032 | 80,841,000 | 78,930,744 | |||||||
| Morgan Stanley | 4.868% (SOFR + 0.85%) | # | 7/12/2029 | 28,740,000 | 28,747,233 | |||||||
| Morgan Stanley | 5.042% (SOFR + 1.22%) | # | 7/19/2030 | 24,450,000 | 24,487,085 | |||||||
| 242 | See Notes to Schedule of Investments. |
Schedule of Investments (unaudited)(continued)
SHORT DURATION INCOME FUND August 31, 2026
| Investments | Interest Rate | Maturity Date | Principal Amount | Fair Value | ||||||||
| Banks (continued) | ||||||||||||
| Morgan Stanley | 5.449% (SOFR + 1.63%) | # | 7/20/2029 | $ | 40,373,000 | $ | 40,797,112 | |||||
| Morgan Stanley | 5.656% (SOFR + 1.26%) | # | 4/18/2030 | 39,731,000 | 40,344,382 | |||||||
| Morgan Stanley Private Bank NA | 4.734% (SOFR + 1.08%) | # | 7/18/2031 | 15,064,000 | 14,839,158 | |||||||
| NatWest Group PLC (United Kingdom)(f) | 4.964% (1 yr. CMT + 1.22%) | # | 8/15/2030 | 12,929,000 | 12,916,166 | |||||||
| Popular, Inc. | 7.25% | 3/13/2028 | 9,948,000 | 10,210,926 | ||||||||
| Santander U.K. Group Holdings PLC (United Kingdom)(f) | 2.469% (SOFR + 1.22%) | # | 1/11/2028 | 37,697,000 | 37,390,175 | |||||||
| Santander U.K. Group Holdings PLC (United Kingdom)(f) | 4.32% (SOFR + 1.07%) | # | 9/22/2029 | 23,807,000 | 23,508,089 | |||||||
| Santander U.K. Group Holdings PLC (United Kingdom)(f) | 6.534% (SOFR + 2.60%) | # | 1/10/2029 | 90,734,000 | 92,630,329 | |||||||
| Standard Chartered PLC (United Kingdom)†(f) | 4.299% (1 yr. CMT + 0.77%) | # | 1/13/2030 | 29,863,000 | 29,357,095 | |||||||
| Toronto-Dominion Bank (Canada)(f) | 3.625% (5 yr. USD Swap + 2.21%) | # | 9/15/2031 | 135,124,000 | 135,065,452 | |||||||
| Truist Financial Corp. | 4.957% (SOFR + 0.88%) | # | 7/23/2030 | 19,130,000 | 19,075,021 | |||||||
| U.S. Bancorp | 5.046% (SOFR + 1.06%) | # | 2/12/2031 | 61,893,000 | 61,826,452 | |||||||
| UBS Group AG (Switzerland)†(f) | 3.869% (3 mo. USD LIBOR + 1.41%) | # | 1/12/2029 | 27,115,000 | 26,811,972 | |||||||
| UBS Group AG (Switzerland)†(f) | 5.428% (1 yr. CMT + 1.52%) | # | 2/8/2030 | 31,428,000 | 31,762,379 | |||||||
| UniCredit SpA (Italy)†(f) | 5.861% (5 yr. USD ICE Swap + 3.70%) | # | 6/19/2032 | 76,557,000 | 76,828,891 | |||||||
| Wells Fargo & Co. | 5.707% (SOFR + 1.07%) | # | 4/22/2028 | 104,988,000 | 105,726,471 | |||||||
| Westpac Banking Corp. (Australia)(f) | 4.322% (5 yr. USD SOFR ICE Swap + 2.24%) | # | 11/23/2031 | 78,778,000 | 78,719,857 | |||||||
| Zions Bancorp NA | 4.483% (SOFR + 1.06%) | # | 2/9/2029 | 19,940,000 | 19,750,540 | |||||||
| Total | 3,235,954,458 | |||||||||||
| See Notes to Schedule of Investments. | 243 |
Schedule of Investments (unaudited)(continued)
SHORT DURATION INCOME FUND August 31, 2026
| Investments | Interest Rate | Maturity Date | Principal Amount | Fair Value | ||||||||
| Beverages 0.23% | ||||||||||||
| Bacardi Ltd.† | 4.70% | 5/15/2028 | $ | 19,219,000 | $ | 19,127,301 | ||||||
| Bacardi-Martini BV (Netherlands)†(f) | 5.55% | 2/1/2030 | 52,497,000 | 52,996,928 | ||||||||
| Keurig Dr. Pepper, Inc. | 4.35% | 5/15/2028 | 26,106,000 | 25,903,033 | ||||||||
| Total | 98,027,262 | |||||||||||
| Biotechnology 0.19% | ||||||||||||
| Illumina, Inc. | 2.55% | 3/23/2031 | 7,648,000 | 6,835,012 | ||||||||
| Illumina, Inc. | 4.75% | 12/12/2030 | 53,233,000 | 52,369,115 | ||||||||
| Royalty Pharma PLC | 2.20% | 9/2/2030 | 10,419,000 | 9,358,338 | ||||||||
| Vylor, Inc.† | 5.125% | 8/15/2031 | 12,721,000 | 12,687,552 | ||||||||
| Total | 81,250,017 | |||||||||||
| Building Materials 0.20% | ||||||||||||
| Griffon Corp. | 5.75% | 3/1/2028 | 49,788,000 | 49,870,548 | ||||||||
| Smyrna Ready Mix Concrete LLC† | 6.00% | 11/1/2028 | 36,744,000 | 36,781,566 | ||||||||
| Total | 86,652,114 | |||||||||||
| Chemicals 0.52% | ||||||||||||
| Celanese U.S. Holdings LLC | 7.165% | 7/15/2027 | 25,212,000 | 25,632,687 | ||||||||
| Celanese U.S. Holdings LLC | 7.35% | 11/15/2028 | 3,000,000 | 3,119,184 | ||||||||
| CVR Partners LP/CVR Nitrogen Finance Corp.† | 6.125% | 6/15/2028 | 19,147,000 | 19,179,397 | ||||||||
| Equate Petrochemical Co. KSCC (Kuwait)(f) | 4.25% | 11/3/2026 | 11,980,000 | 11,958,722 | ||||||||
| Equate Petrochemical Co. KSCC (Kuwait)(f) | 4.25% | 11/3/2026 | 2,445,000 | 2,440,657 | ||||||||
| Ma’aden Sukuk Ltd. (Cayman Islands)†(f) | 5.25% | 2/13/2030 | 22,470,000 | 22,452,745 | ||||||||
| Methanex Corp. (Canada)(f) | 5.125% | 10/15/2027 | 2,864,000 | 2,864,351 | ||||||||
| SNF Group SACA (France)†(f) | 3.375% | 3/15/2030 | 75,208,000 | 70,428,095 | ||||||||
| SNF Group SACA (France)†(f) | 5.626% | 3/31/2031 | 69,537,000 | 69,844,072 | ||||||||
| Total | 227,919,910 | |||||||||||
| Coal 0.03% | ||||||||||||
| Alliance Resource Operating Partners LP/Alliance Resource Finance Corp.† | 8.625% | 6/15/2029 | 10,860,000 | 11,312,691 | ||||||||
| Commercial Services 1.04% | ||||||||||||
| Allied Universal Holdco LLC/Allied Universal Finance Corp.† | 6.00% | 6/1/2029 | 19,790,000 | 19,770,216 | ||||||||
| Avis Budget Car Rental LLC/Avis Budget Finance, Inc.†(g) | 5.75% | 7/15/2027 | 17,447,000 | 17,491,111 | ||||||||
| Avis Budget Car Rental LLC/Avis Budget Finance, Inc.†(g) | 5.75% | 7/15/2027 | 14,092,000 | 14,135,615 | ||||||||
| EquipmentShare.com, Inc.† | 9.00% | 5/15/2028 | 33,518,000 | 34,264,111 | ||||||||
| GEO Group, Inc. | 8.625% | 4/15/2029 | 54,087,000 | 56,273,251 | ||||||||
| 244 | See Notes to Schedule of Investments. |
Schedule of Investments (unaudited)(continued)
SHORT DURATION INCOME FUND August 31, 2026
| Investments | Interest Rate | Maturity Date | Principal Amount | Fair Value | ||||||||
| Commercial Services (continued) | ||||||||||||
| Global Payments, Inc. | 4.50% | 11/15/2028 | $ | 45,868,000 | $ | 45,240,930 | ||||||
| Global Payments, Inc. | 4.875% | 11/15/2030 | 38,100,000 | 37,097,091 | ||||||||
| Mobility Global, Inc.† | 5.05% | 6/15/2029 | 28,315,000 | 28,159,948 | ||||||||
| Mobility Global, Inc.† | 5.45% | 6/15/2031 | 47,616,000 | 47,437,195 | ||||||||
| Quanta Services, Inc. | 2.90% | 10/1/2030 | 39,760,000 | 36,496,415 | ||||||||
| Quanta Services, Inc. | 4.50% | 1/15/2031 | 18,922,000 | 18,426,235 | ||||||||
| Rentokil Terminix Funding LLC† | 5.00% | 4/28/2030 | 51,503,000 | 51,154,695 | ||||||||
| Sunbelt Rentals Holdings, Inc.† | 4.95% | 8/12/2030 | 11,555,000 | 11,445,118 | ||||||||
| Triton Container International Ltd.† | 3.15% | 6/15/2031 | 38,542,000 | 34,444,309 | ||||||||
| Total | 451,836,240 | |||||||||||
| Computers 0.02% | ||||||||||||
| Seagate Data Storage Technology Pte. Ltd. (Singapore)(f) | 9.625% | 12/1/2032 | 7,970,000 | 8,777,720 | ||||||||
| Distribution/Wholesale 0.05% | ||||||||||||
| RB Global Holdings, Inc.† | 6.75% | 3/15/2028 | 20,000,000 | 20,199,580 | ||||||||
| Diversified Financial Services 4.69% | ||||||||||||
| Aercap Funding DAC (Ireland)(f) | 4.875% | 7/7/2031 | 26,132,000 | 25,658,859 | ||||||||
| Aircastle Ltd.† | 5.95% | 2/15/2029 | 36,782,000 | 37,518,527 | ||||||||
| Aircastle Ltd./Aircastle Ireland DAC† | 5.00% | 9/15/2030 | 26,594,000 | 26,258,032 | ||||||||
| Aircastle Ltd./Aircastle Ireland DAC† | 5.00% | 5/15/2031 | 19,240,000 | 18,923,757 | ||||||||
| Aircastle Ltd./Aircastle Ireland DAC† | 5.25% | 3/15/2030 | 41,856,000 | 41,776,301 | ||||||||
| Aretec Group, Inc.† | 7.50% | 4/1/2029 | 5,895,000 | 5,898,057 | ||||||||
| Atlas Warehouse Lending Co. LP† | 4.625% | 11/15/2028 | 71,399,000 | 70,420,236 | ||||||||
| Atlas Warehouse Lending Co. LP† | 4.95% | 11/15/2030 | 5,057,000 | 4,943,093 | ||||||||
| Atlas Warehouse Lending Co. LP† | 6.05% | 1/15/2028 | 32,247,000 | 32,600,687 | ||||||||
| Atlas Warehouse Lending Co. LP† | 6.25% | 1/15/2030 | 26,312,000 | 26,915,561 | ||||||||
| Aviation Capital Group LLC† | 4.25% | 4/30/2029 | 13,906,000 | 13,633,154 | ||||||||
| Aviation Capital Group LLC† | 5.375% | 7/15/2029 | 21,957,000 | 22,098,605 | ||||||||
| Aviation Capital Group LLC† | 6.25% | 4/15/2028 | 30,432,000 | 30,989,876 | ||||||||
| Avilease Capital Ltd. (Cayman Islands)†(f) | 4.75% | 11/12/2030 | 47,515,000 | 46,146,921 | ||||||||
| Avilease Capital Ltd. (Cayman Islands)†(f) | 5.50% | 6/30/2031 | 15,748,000 | 15,674,848 | ||||||||
| Avolon Holdings Funding Ltd. (Ireland)†(f) | 2.528% | 11/18/2027 | 14,789,000 | 14,391,866 | ||||||||
| Avolon Holdings Funding Ltd. (Ireland)†(f) | 2.75% | 2/21/2028 | 46,867,000 | 45,425,589 | ||||||||
| Avolon Holdings Funding Ltd. (Ireland)†(f) | 3.25% | 2/15/2027 | 21,656,000 | 21,534,952 | ||||||||
| Avolon Holdings Funding Ltd. (Ireland)†(f) | 4.20% | 4/15/2029 | 19,600,000 | 19,148,712 | ||||||||
| Avolon Holdings Funding Ltd. (Ireland)†(f) | 4.95% | 1/15/2028 | 32,146,000 | 32,200,795 | ||||||||
| Avolon Holdings Funding Ltd. (Ireland)†(f) | 5.375% | 5/30/2030 | 24,923,000 | 24,984,496 | ||||||||
| Avolon Holdings Funding Ltd. (Ireland)†(f) | 5.75% | 3/1/2029 | 97,127,000 | 98,477,145 | ||||||||
| Avolon Holdings Funding Ltd. (Ireland)†(f) | 5.75% | 11/15/2029 | 99,502,000 | 100,977,380 | ||||||||
| See Notes to Schedule of Investments. | 245 |
Schedule of Investments (unaudited)(continued)
SHORT DURATION INCOME FUND August 31, 2026
| Investments | Interest Rate | Maturity Date | Principal Amount | Fair Value | ||||||||
| Diversified Financial Services (continued) | ||||||||||||
| Avolon Holdings Funding Ltd. (Ireland)†(f) | 6.375% | 5/4/2028 | $ | 15,827,000 | $ | 16,172,251 | ||||||
| Azorra Finance Ltd. (Cayman Islands)†(f) | 7.75% | 4/15/2030 | 53,710,000 | 55,792,659 | ||||||||
| Citadel Securities Global Holdings LLC† | 5.50% | 6/18/2030 | 83,232,000 | 83,473,127 | ||||||||
| Freedom Mortgage Holdings LLC† | 9.25% | 2/1/2029 | 24,866,000 | 25,722,833 | ||||||||
| GGAM Finance Ltd. (Ireland)†(f) | 8.00% | 6/15/2028 | 10,754,000 | 11,136,810 | ||||||||
| Intercontinental Exchange, Inc. | 4.90% | 9/1/2031 | 26,450,000 | 26,333,726 | ||||||||
| Jane Street Group/JSG Finance, Inc.† | 7.294% | 8/13/2031 | 90,000,000 | 92,137,498 | ||||||||
| Jefferson Capital Holdings LLC† | 9.50% | 2/15/2029 | 5,600,000 | 5,863,889 | ||||||||
| LPL Holdings, Inc.† | 4.00% | 3/15/2029 | 88,110,000 | 85,511,597 | ||||||||
| LPL Holdings, Inc.† | 4.625% | 11/15/2027 | 13,040,000 | 12,955,980 | ||||||||
| LPL Holdings, Inc. | 4.90% | 4/3/2028 | 19,338,000 | 19,327,365 | ||||||||
| LPL Holdings, Inc. | 5.15% | 6/15/2030 | 28,602,000 | 28,454,579 | ||||||||
| LPL Holdings, Inc. | 5.20% | 3/15/2030 | 12,243,000 | 12,221,759 | ||||||||
| LPL Holdings, Inc. | 5.70% | 5/20/2027 | 16,168,000 | 16,288,375 | ||||||||
| LPL Holdings, Inc. | 6.75% | 11/17/2028 | 45,532,000 | 47,150,439 | ||||||||
| Macquarie Airfinance Holdings Ltd. (United Kingdom)†(f) | 5.15% | 3/17/2030 | 25,854,000 | 25,624,752 | ||||||||
| Macquarie Airfinance Holdings Ltd. (United Kingdom)†(f) | 6.40% | 3/26/2029 | 78,398,000 | 80,521,909 | ||||||||
| Macquarie Airfinance Holdings Ltd. (United Kingdom)†(f) | 6.50% | 3/26/2031 | 17,797,000 | 18,443,825 | ||||||||
| Midcap Financial Issuer Trust† | 6.50% | 5/1/2028 | 57,008,000 | 57,165,017 | ||||||||
| Nationstar Mortgage Holdings LLC†(g) | 6.50% | 8/1/2029 | 7,690,000 | 7,632,325 | ||||||||
| Navient Corp. | 4.875% | 3/15/2028 | 6,285,000 | 6,215,186 | ||||||||
| Navient Corp. | 5.00% | 3/15/2027 | 40,300,000 | 40,217,546 | ||||||||
| OneMain Finance Corp. | 6.625% | 1/15/2028 | 65,460,000 | 66,122,390 | ||||||||
| Rocket Cos., Inc.† | 6.125% | 8/1/2030 | 92,092,000 | 93,368,579 | ||||||||
| Rocket Cos., Inc.† | 6.50% | 8/1/2029 | 55,458,000 | 56,403,226 | ||||||||
| Rocket Mortgage LLC/Rocket Mortgage Co-Issuer, Inc.† | 3.875% | 3/1/2031 | 14,622,000 | 13,652,380 | ||||||||
| Stellantis Financial Services U.S. Corp.† | 4.95% | 9/15/2028 | 51,432,000 | 51,002,671 | ||||||||
| Sumisho Air Lease Corp. | 4.625% | 10/1/2028 | 5,598,000 | 5,577,813 | ||||||||
| Sumisho Air Lease Corp.† | 4.85% | 3/24/2031 | 38,567,000 | 37,755,305 | ||||||||
| Sumisho Air Lease Corp. | 5.10% | 3/1/2029 | 41,885,000 | 41,969,719 | ||||||||
| Synchrony Financial | 5.019% (SOFR + 1.40%) | # | 7/29/2029 | 43,107,000 | 42,992,379 | |||||||
| United Wholesale Mortgage LLC† | 5.75% | 6/15/2027 | 76,062,000 | 76,033,203 | ||||||||
| Total | 2,035,838,561 | |||||||||||
| Electric 4.65% | ||||||||||||
| AES Corp.† | 3.95% | 7/15/2030 | 24,500,000 | 23,300,139 | ||||||||
| AES Corp. | 5.45% | 6/1/2028 | 61,750,000 | 62,230,277 | ||||||||
| 246 | See Notes to Schedule of Investments. |
Schedule of Investments (unaudited)(continued)
SHORT DURATION INCOME FUND August 31, 2026
| Investments | Interest Rate | Maturity Date | Principal Amount | Fair Value | ||||||||
| Electric (continued) | ||||||||||||
| Alexander Funding Trust II† | 7.467% | 7/31/2028 | $ | 59,372,000 | $ | 61,716,041 | ||||||
| Ausgrid Finance Pty. Ltd. (Australia)†(f) | 4.35% | 8/1/2028 | 12,691,000 | 12,574,895 | ||||||||
| Capital Power U.S. Holdings, Inc.† | 5.257% | 6/1/2028 | 90,154,000 | 90,318,141 | ||||||||
| Chpe LLC† | 4.875% | 6/30/2031 | 134,254,000 | 132,367,414 | ||||||||
| Cleveland Electric Illuminating Co.† | 5.00% | 2/15/2030 | 11,525,000 | 11,514,550 | ||||||||
| Comision Federal de Electricidad (Mexico)(f) | 3.348% | 2/9/2031 | 26,076,000 | 23,611,377 | ||||||||
| Comision Federal de Electricidad (Mexico)†(f) | 4.688% | 5/15/2029 | 11,739,000 | 11,535,395 | ||||||||
| Comision Federal de Electricidad (Mexico)(f)(g) | 5.70% | 1/24/2030 | 40,350,000 | 40,442,269 | ||||||||
| Constellation Energy Generation LLC | 4.625% | 2/1/2029 | 63,547,000 | 62,897,308 | ||||||||
| Constellation Energy Generation LLC | 5.00% | 2/1/2031 | 100,351,000 | 99,442,435 | ||||||||
| ENEL Finance International NV (Netherlands)†(f) | 4.375% | 9/30/2030 | 46,998,000 | 45,729,746 | ||||||||
| ENEL Finance International NV (Netherlands)†(f) | 4.625% | 7/13/2029 | 38,368,000 | 38,008,743 | ||||||||
| ENEL Finance International NV (Netherlands)†(f) | 5.125% | 6/26/2029 | 42,961,000 | 43,241,794 | ||||||||
| Interstate Power & Light Co. | 5.10% | 9/30/2031 | 19,011,000 | 18,951,395 | ||||||||
| ITC Holdings Corp.† | 4.875% | 4/15/2031 | 85,174,000 | 84,047,013 | ||||||||
| ITC Holdings Corp.† | 4.95% | 9/22/2027 | 25,656,000 | 25,734,917 | ||||||||
| Jersey Central Power & Light Co. | 4.60% | 1/15/2030 | 9,119,000 | 9,005,922 | ||||||||
| Liberty Utilities Co.† | 5.10% | 5/15/2031 | 101,020,000 | 99,690,481 | ||||||||
| Liberty Utilities Co.† | 5.577% | 1/31/2029 | 51,528,000 | 52,168,127 | ||||||||
| Niagara Mohawk Power Corp.† | 4.647% | 10/3/2030 | 27,528,000 | 27,042,103 | ||||||||
| NRG Energy, Inc.† | 4.45% | 6/15/2029 | 10,924,000 | 10,695,335 | ||||||||
| NRG Energy, Inc.† | 4.734% | 10/15/2030 | 99,925,000 | 97,539,750 | ||||||||
| NRG Energy, Inc.† | 4.955% | 4/30/2031 | 11,943,000 | 11,621,679 | ||||||||
| NRG Energy, Inc. | 5.75% | 1/15/2028 | 8,778,000 | 8,782,134 | ||||||||
| NRG Energy, Inc.† | 5.75% | 7/15/2029 | 13,865,000 | 13,848,784 | ||||||||
| Pacific Gas & Electric Co. | 4.55% | 7/1/2030 | 40,354,447 | 39,349,440 | ||||||||
| Pacific Gas & Electric Co. | 5.00% | 6/4/2028 | 25,926,000 | 26,005,227 | ||||||||
| Pacific Gas & Electric Co. | 6.10% | 1/15/2029 | 13,753,000 | 14,072,645 | ||||||||
| Palomino Funding Trust I† | 7.233% | 5/17/2028 | 29,716,000 | 30,662,961 | ||||||||
| Perusahaan Perseroan Persero PT Perusahaan Listrik Negara (Indonesia)(f) | 3.875% | 7/17/2029 | 2,600,000 | 2,503,567 | ||||||||
| Perusahaan Perseroan Persero PT Perusahaan Listrik Negara (Indonesia)(f) | 4.125% | 5/15/2027 | 3,000,000 | 2,988,276 | ||||||||
| Perusahaan Perseroan Persero PT Perusahaan Listrik Negara (Indonesia)(f) | 5.45% | 5/21/2028 | 35,945,000 | 36,078,248 | ||||||||
| See Notes to Schedule of Investments. | 247 |
Schedule of Investments (unaudited)(continued)
SHORT DURATION INCOME FUND August 31, 2026
| Investments | Interest Rate | Maturity Date | Principal Amount | Fair Value | ||||||||
| Electric (continued) | ||||||||||||
| PG&E Corp. | 5.00% | 7/1/2028 | $ | 16,882,000 | $ | 16,638,482 | ||||||
| PG&E Corp. | 5.25% | 7/1/2030 | 41,230,000 | 40,145,292 | ||||||||
| PSEG Power LLC† | 5.20% | 5/15/2030 | 23,768,000 | 23,804,374 | ||||||||
| Vistra Operations Co. LLC† | 3.70% | 1/30/2027 | 39,766,000 | 39,621,252 | ||||||||
| Vistra Operations Co. LLC† | 4.30% | 10/15/2028 | 102,143,000 | 100,586,586 | ||||||||
| Vistra Operations Co. LLC† | 4.375% | 5/1/2029 | 73,805,000 | 72,215,831 | ||||||||
| Vistra Operations Co. LLC† | 4.55% | 10/30/2028 | 18,159,000 | 17,964,209 | ||||||||
| Vistra Operations Co. LLC† | 4.70% | 1/31/2031 | 42,911,000 | 41,662,294 | ||||||||
| Vistra Operations Co. LLC† | 5.00% | 4/30/2031 | 40,239,000 | 39,474,465 | ||||||||
| Vistra Operations Co. LLC† | 6.875% | 4/15/2032 | 84,135,000 | 86,872,080 | ||||||||
| Vistra Operations Co. LLC† | 7.75% | 10/15/2031 | 163,587,000 | 170,446,694 | ||||||||
| Total | 2,019,150,087 | |||||||||||
| Electronics 0.10% | ||||||||||||
| TD SYNNEX Corp. | 4.30% | 1/17/2029 | 27,774,000 | 27,289,655 | ||||||||
| Vontier Corp. | 2.95% | 4/1/2031 | 16,690,000 | 15,101,116 | ||||||||
| Total | 42,390,771 | |||||||||||
| Engineering & Construction 0.48% | ||||||||||||
| Delhi International Airport Ltd. (India)(f) | 6.125% | 10/31/2026 | 32,065,000 | 32,120,989 | ||||||||
| Jacobs Engineering Group, Inc. | 6.35% | 8/18/2028 | 51,794,000 | 53,175,245 | ||||||||
| Jacobs Solutions, Inc. | 4.75% | 3/3/2031 | 57,274,000 | 55,944,548 | ||||||||
| MasTec, Inc.† | 4.50% | 8/15/2028 | 56,222,000 | 55,568,092 | ||||||||
| MasTec, Inc. | 5.90% | 6/15/2029 | 9,765,000 | 9,957,457 | ||||||||
| Total | 206,766,331 | |||||||||||
| Entertainment 0.71% | ||||||||||||
| Churchill Downs, Inc.† | 4.75% | 1/15/2028 | 17,000,000 | 16,890,959 | ||||||||
| Churchill Downs, Inc.† | 5.50% | 4/1/2027 | 69,697,000 | 69,893,545 | ||||||||
| Flutter Treasury DAC (Ireland)†(f) | 5.875% | 6/4/2031 | 59,216,000 | 58,232,245 | ||||||||
| Flutter Treasury DAC (Ireland)†(f) | 6.375% | 4/29/2029 | 66,919,000 | 67,780,582 | ||||||||
| Live Nation Entertainment, Inc.† | 6.50% | 5/15/2027 | 31,801,000 | 31,857,351 | ||||||||
| Penn Entertainment, Inc.† | 5.625% | 1/15/2027 | 65,087,000 | 65,381,779 | ||||||||
| Total | 310,036,461 | |||||||||||
| Environmental Control 0.18% | ||||||||||||
| Madison IAQ LLC† | 4.125% | 6/30/2028 | 80,884,000 | 79,771,829 | ||||||||
| Food 0.54% | ||||||||||||
| Albertsons Cos., Inc./Safeway, Inc./New Albertsons LP/Albertsons LLC† | 3.50% | 3/15/2029 | 4,230,000 | 4,022,279 | ||||||||
| Albertsons Cos., Inc./Safeway, Inc./New Albertsons LP/Albertsons LLC† | 6.50% | 2/15/2028 | 88,174,000 | 88,824,989 | ||||||||
| 248 | See Notes to Schedule of Investments. |
Schedule of Investments (unaudited)(continued)
SHORT DURATION INCOME FUND August 31, 2026
| Investments | Interest Rate | Maturity Date | Principal Amount | Fair Value | ||||||||
| Food (continued) | ||||||||||||
| Conagra Brands, Inc. | 4.85% | 11/1/2028 | $ | 93,876,000 | $ | 93,501,673 | ||||||
| Conagra Brands, Inc. | 7.00% | 10/1/2028 | 9,511,000 | 9,873,461 | ||||||||
| Pilgrim’s Pride Corp. | 4.25% | 4/15/2031 | 41,413,000 | 39,430,527 | ||||||||
| Total | 235,652,929 | |||||||||||
| Forest Products & Paper 0.02% | ||||||||||||
| Inversiones CMPC SA (Chile)(f)(g) | 3.85% | 1/13/2030 | 9,922,000 | 9,198,774 | ||||||||
| Gas 0.44% | ||||||||||||
| National Fuel Gas Co. | 4.75% | 9/1/2028 | 24,935,000 | 24,853,426 | ||||||||
| National Fuel Gas Co. | 4.75% | 5/15/2029 | 16,545,000 | 16,414,003 | ||||||||
| National Fuel Gas Co. | 5.05% | 10/15/2031 | 57,205,000 | 56,280,906 | ||||||||
| National Fuel Gas Co. | 5.50% | 3/15/2030 | 33,891,000 | 34,204,123 | ||||||||
| Snam SpA (Italy)†(f) | 5.00% | 5/28/2030 | 23,780,000 | 23,684,255 | ||||||||
| Southwest Gas Corp. | 5.80% | 12/1/2027 | 34,622,000 | 35,117,126 | ||||||||
| Total | 190,553,839 | |||||||||||
| Health Care-Products 1.12% | ||||||||||||
| 180 Medical, Inc.† | 3.875% | 10/15/2029 | 81,107,000 | 78,427,882 | ||||||||
| Baxter International, Inc. | 2.272% | 12/1/2028 | 23,459,000 | 22,116,765 | ||||||||
| Baxter International, Inc. | 2.539% | 2/1/2032 | 52,661,000 | 45,272,388 | ||||||||
| Baxter International, Inc. | 4.45% | 2/15/2029 | 11,161,000 | 11,013,301 | ||||||||
| Baxter International, Inc. | 4.90% | 12/15/2030 | 83,763,000 | 82,292,242 | ||||||||
| Dentsply Sirona, Inc.(g) | 3.25% | 6/1/2030 | 66,224,000 | 61,246,226 | ||||||||
| Medline Borrower LP† | 3.875% | 4/1/2029 | 85,958,000 | 83,288,506 | ||||||||
| Medline Borrower LP/Medline Co-Issuer, Inc.† | 5.00% | 6/15/2031 | 35,961,000 | 35,443,493 | ||||||||
| Medline Borrower LP/Medline Co-Issuer, Inc.† | 6.25% | 4/1/2029 | 66,589,000 | 67,735,663 | ||||||||
| Total | 486,836,466 | |||||||||||
| Health Care-Services 1.68% | ||||||||||||
| Adventist Health System | 4.742% | 12/1/2030 | 24,079,000 | 23,630,989 | ||||||||
| Centene Corp. | 2.45% | 7/15/2028 | 66,477,000 | 63,359,880 | ||||||||
| Centene Corp. | 3.00% | 10/15/2030 | 45,546,000 | 41,104,309 | ||||||||
| Centene Corp. | 4.25% | 12/15/2027 | 59,969,000 | 59,653,119 | ||||||||
| CommonSpirit Health | 4.352% | 9/1/2030 | 39,003,000 | 37,836,122 | ||||||||
| Fresenius Medical Care U.S. Finance III, Inc.† | 1.875% | 12/1/2026 | 9,688,000 | 9,616,492 | ||||||||
| Fresenius Medical Care U.S. Finance III, Inc.† | 2.375% | 2/16/2031 | 27,776,000 | 24,452,550 | ||||||||
| Fresenius Medical Care U.S. Finance III, Inc.† | 3.00% | 12/1/2031 | 16,134,000 | 14,301,889 | ||||||||
| Fresenius Medical Care U.S. Finance III, Inc.† | 3.75% | 6/15/2029 | 41,602,000 | 40,167,523 | ||||||||
| Health Care Service Corp. A Mutual Legal Reserve Co.† | 5.20% | 6/15/2029 | 19,924,000 | 20,025,044 | ||||||||
| See Notes to Schedule of Investments. | 249 |
Schedule of Investments (unaudited)(continued)
SHORT DURATION INCOME FUND August 31, 2026
| Investments | Interest Rate | Maturity Date | Principal Amount | Fair Value | ||||||||
| Health Care-Services (continued) | ||||||||||||
| Icon Investments Six DAC (Ireland)†(f) | 5.064% | 8/13/2029 | $ | 14,583,000 | $ | 14,556,877 | ||||||
| Icon Investments Six DAC (Ireland)†(f) | 5.421% | 8/13/2031 | 38,212,000 | 38,029,878 | ||||||||
| Icon Investments Six DAC (Ireland)(f) | 5.849% | 5/8/2029 | 83,813,000 | 85,305,619 | ||||||||
| IQVIA, Inc.† | 5.00% | 5/15/2027 | 1,618,000 | 1,618,501 | ||||||||
| IQVIA, Inc. | 5.70% | 5/15/2028 | 10,509,000 | 10,638,156 | ||||||||
| IQVIA, Inc. | 6.25% | 2/1/2029 | 46,216,000 | 47,474,970 | ||||||||
| Ochsner LSU Health System of North Louisiana | 2.51% | 5/15/2031 | 18,102,000 | 15,408,782 | ||||||||
| Rede D’or Finance SARL (Luxembourg)(f)(g) | 4.95% | 1/17/2028 | 12,094,000 | 11,975,824 | ||||||||
| Tenet Healthcare Corp. | 6.125% | 10/1/2028 | 103,479,000 | 103,622,732 | ||||||||
| Universal Health Services, Inc. | 2.65% | 10/15/2030 | 16,512,000 | 14,831,618 | ||||||||
| Universal Health Services, Inc. | 4.625% | 10/15/2029 | 22,611,000 | 22,249,091 | ||||||||
| Universal Health Services, Inc. | 5.50% | 9/1/2031 | 28,550,000 | 28,549,613 | ||||||||
| Total | 728,409,578 | |||||||||||
| Home Builders 0.17% | ||||||||||||
| Brookfield Residential Properties, Inc./Brookfield Residential U.S. LLC (Canada)†(f) | 6.25% | 9/15/2027 | 38,167,000 | 38,187,553 | ||||||||
| Dream Finders Homes, Inc.† | 8.25% | 8/15/2028 | 6,150,000 | 6,273,147 | ||||||||
| LGI Homes, Inc.† | 8.75% | 12/15/2028 | 27,558,000 | 28,383,197 | ||||||||
| Total | 72,843,897 | |||||||||||
| Home Furnishings 0.05% | ||||||||||||
| Leggett & Platt, Inc. | 3.50% | 11/15/2027 | 23,750,000 | 23,309,310 | ||||||||
| Insurance 2.10% | ||||||||||||
| AEGON Funding Co. LLC† | 5.50% | 4/16/2027 | 26,703,000 | 26,839,076 | ||||||||
| Aon Corp. | 8.205% | 1/1/2027 | 71,754,000 | 72,552,420 | ||||||||
| Athene Global Funding† | 1.985% | 8/19/2028 | 10,704,000 | 10,089,388 | ||||||||
| Brighthouse Financial Global Funding† | 5.55% | 4/9/2027 | 59,746,000 | 59,907,782 | ||||||||
| Brighthouse Financial Global Funding† | 5.65% | 6/10/2029 | 65,138,000 | 65,497,615 | ||||||||
| CNO Global Funding† | 4.375% | 9/8/2028 | 23,490,000 | 23,214,717 | ||||||||
| CNO Global Funding† | 4.70% | 12/11/2030 | 35,713,000 | 34,771,959 | ||||||||
| CNO Global Funding† | 4.875% | 12/10/2027 | 31,500,000 | 31,497,450 | ||||||||
| CNO Global Funding† | 4.95% | 9/9/2029 | 16,244,000 | 16,183,910 | ||||||||
| CNO Global Funding† | 5.875% | 6/4/2027 | 60,042,000 | 60,590,685 | ||||||||
| Corebridge Global Funding† | 5.20% | 1/12/2029 | 9,432,000 | 9,469,024 | ||||||||
| Equitable Financial Life Global Funding† | 5.45% | 3/3/2028 | 47,266,000 | 47,675,435 | ||||||||
| F&G Annuities & Life, Inc. | 7.40% | 1/13/2028 | 39,860,000 | 40,780,274 | ||||||||
| F&G Global Funding† | 2.00% | 9/20/2028 | 16,130,000 | 15,089,872 | ||||||||
| F&G Global Funding† | 4.65% | 9/8/2028 | 25,467,000 | 25,144,567 | ||||||||
| F&G Global Funding† | 5.875% | 6/10/2027 | 20,918,000 | 21,096,924 | ||||||||
| 250 | See Notes to Schedule of Investments. |
Schedule of Investments (unaudited)(continued)
SHORT DURATION INCOME FUND August 31, 2026
| Investments | Interest Rate | Maturity Date | Principal Amount | Fair Value | ||||||||
| Insurance (continued) | ||||||||||||
| Jackson Financial, Inc. | 5.17% | 6/8/2027 | $ | 25,281,000 | $ | 25,373,850 | ||||||
| Jackson National Life Global Funding† | 4.55% | 9/9/2030 | 43,272,000 | 42,125,197 | ||||||||
| Jackson National Life Global Funding† | 4.60% | 10/1/2029 | 24,478,000 | 24,114,644 | ||||||||
| Jackson National Life Global Funding† | 4.70% | 6/5/2028 | 56,094,000 | 55,861,684 | ||||||||
| Jackson National Life Global Funding† | 5.35% | 1/13/2030 | 16,847,000 | 16,867,772 | ||||||||
| MGIC Investment Corp. | 5.25% | 8/15/2028 | 57,122,000 | 57,002,529 | ||||||||
| Mutual of Omaha Cos Global Funding† | 4.546% | 1/13/2031 | 19,888,000 | 19,393,191 | ||||||||
| Mutual of Omaha Cos Global Funding† | 5.00% | 4/1/2030 | 23,772,000 | 23,726,142 | ||||||||
| Mutual of Omaha Cos Global Funding† | 5.45% | 12/12/2028 | 37,111,000 | 37,562,814 | ||||||||
| NMI Holdings, Inc. | 6.00% | 8/15/2029 | 12,397,000 | 12,580,476 | ||||||||
| Protective Life Global Funding†(g) | 5.763% | 7/5/2030 | 10,043,000 | 10,281,882 | ||||||||
| USI, Inc.† | 7.50% | 1/15/2032 | 27,089,000 | 28,277,417 | ||||||||
| Total | 913,568,696 | |||||||||||
| Internet 0.77% | ||||||||||||
| Rakuten Group, Inc. (Japan)†(f) | 11.25% | 2/15/2027 | 110,519,000 | 113,507,441 | ||||||||
| Uber Technologies, Inc.† | 4.50% | 8/15/2029 | 204,914,000 | 202,126,514 | ||||||||
| VeriSign, Inc. | 5.10% | 7/15/2031 | 19,925,000 | 19,767,098 | ||||||||
| Total | 335,401,053 | |||||||||||
| Investment Companies 0.32% | ||||||||||||
| Blackstone Private Credit Fund | 2.625% | 12/15/2026 | 56,920,000 | 56,565,255 | ||||||||
| Blackstone Secured Lending Fund | 2.125% | 2/15/2027 | 22,196,000 | 21,906,239 | ||||||||
| HA Sustainable Infrastructure Capital, Inc. | 6.15% | 1/15/2031 | 41,500,000 | 42,214,532 | ||||||||
| HAT Holdings I LLC/HAT Holdings II LLC†(g) | 3.75% | 9/15/2030 | 21,771,000 | 20,233,299 | ||||||||
| Total | 140,919,325 | |||||||||||
| Leisure Time 1.17% | ||||||||||||
| Carnival Corp. Ltd.† | 4.00% | 8/1/2028 | 211,017,000 | 206,714,996 | ||||||||
| Carnival Corp. Ltd.† | 5.125% | 5/1/2029 | 18,693,000 | 18,607,224 | ||||||||
| Carnival Corp. Ltd.† | 5.75% | 3/15/2030 | 62,318,000 | 62,722,319 | ||||||||
| Carnival Corp. Ltd.† | 5.875% | 6/15/2031 | 10,559,000 | 10,601,553 | ||||||||
| Royal Caribbean Cruises Ltd.† | 5.375% | 7/15/2027 | 64,443,000 | 64,522,927 | ||||||||
| Royal Caribbean Cruises Ltd.† | 5.50% | 4/1/2028 | 69,488,000 | 70,029,536 | ||||||||
| Royal Caribbean Cruises Ltd.† | 5.625% | 9/30/2031 | 59,715,000 | 59,819,855 | ||||||||
| Royal Caribbean Cruises Ltd. | 7.50% | 10/15/2027 | 9,000,000 | 9,268,233 | ||||||||
| Viking Ocean Cruises Ship VII Ltd.† | 5.625% | 2/15/2029 | 7,900,000 | 7,919,209 | ||||||||
| Total | 510,205,852 | |||||||||||
| Lodging 0.16% | ||||||||||||
| Las Vegas Sands Corp. | 5.90% | 6/1/2027 | 4,138,000 | 4,171,699 | ||||||||
| Melco Resorts Finance Ltd. (Hong Kong)(f) | 5.625% | 7/17/2027 | 6,880,000 | 6,881,241 | ||||||||
| See Notes to Schedule of Investments. | 251 |
Schedule of Investments (unaudited)(continued)
SHORT DURATION INCOME FUND August 31, 2026
| Investments | Interest Rate | Maturity Date | Principal Amount | Fair Value | ||||||||
| Lodging (continued) | ||||||||||||
| Melco Resorts Finance Ltd. (Hong Kong)†(f) | 5.75% | 7/21/2028 | $ | 31,956,000 | $ | 31,844,504 | ||||||
| Studio City Finance Ltd. | 6.50% | 1/15/2028 | 28,329,000 | 28,305,511 | ||||||||
| Total | 71,202,955 | |||||||||||
| Machinery: Construction & Mining 0.15% | ||||||||||||
| Vertiv Group Corp.† | 4.125% | 11/15/2028 | 67,185,000 | 66,610,750 | ||||||||
| Machinery-Diversified 0.47% | ||||||||||||
| Maxim Crane Works Holdings Capital LLC† | 11.50% | 9/1/2028 | 5,188,000 | 5,403,655 | ||||||||
| Regal Rexnord Corp. | 6.05% | 4/15/2028 | 133,775,000 | 136,099,263 | ||||||||
| Regal Rexnord Corp. | 6.30% | 2/15/2030 | 40,521,000 | 41,781,181 | ||||||||
| TK Elevator U.S. Newco, Inc.†(g) | 5.25% | 7/15/2027 | 19,745,000 | 19,751,117 | ||||||||
| Total | 203,035,216 | |||||||||||
| Media 1.22% | ||||||||||||
| CCO Holdings LLC/CCO Holdings Capital Corp.† | 5.125% | 5/1/2027 | 34,558,000 | 34,532,970 | ||||||||
| Comcast Corp. | 3.40% | 4/1/2030 | 13,421,000 | 12,682,745 | ||||||||
| Directv Financing LLC/Directv Financing Co-Obligor, Inc.† | 5.875% | 8/15/2027 | 18,625,000 | 18,584,370 | ||||||||
| Discovery Communications LLC | 3.95% | 3/20/2028 | 50,921,000 | 50,406,698 | ||||||||
| Discovery Global Holdings, Inc. | 3.755% | 3/15/2027 | 50,470,000 | 50,277,962 | ||||||||
| Discovery Global Holdings, Inc. | 4.054% | 3/15/2029 | 34,733,000 | 34,408,594 | ||||||||
| Fox Corp. | 4.709% | 1/25/2029 | 34,686,000 | 34,532,967 | ||||||||
| Paramount Global | 2.90% | 1/15/2027 | 37,664,000 | 37,356,565 | ||||||||
| Paramount Global | 3.375% | 2/15/2028 | 47,485,000 | 46,446,012 | ||||||||
| Paramount Global | 3.70% | 6/1/2028 | 12,863,000 | 12,533,493 | ||||||||
| Paramount Global | 4.20% | 6/1/2029 | 14,221,000 | 13,643,716 | ||||||||
| Paramount Global | 7.875% | 7/30/2030 | 10,983,000 | 11,559,769 | ||||||||
| Space Exploration Technologies Corp.† | 5.35% | 7/15/2031 | 167,812,000 | 164,089,502 | ||||||||
| Telenet Finance Luxembourg Notes SARL (Luxembourg)†(f) | 5.50% | 3/1/2028 | 8,205,834 | 8,088,395 | ||||||||
| Total | 529,143,758 | |||||||||||
| Mining 1.26% | ||||||||||||
| Anglo American Capital PLC (United Kingdom)†(f) | 4.50% | 3/15/2028 | 41,549,000 | 41,369,692 | ||||||||
| Anglo American Capital PLC (United Kingdom)†(f) | 4.625% | 3/19/2031 | 34,554,000 | 33,718,229 | ||||||||
| Anglo American Capital PLC (United Kingdom)†(f) | 4.75% | 4/10/2027 | 22,530,000 | 22,550,801 | ||||||||
| First Quantum Minerals Ltd. (Canada)†(f) | 8.625% | 6/1/2031 | 87,622,000 | 91,251,421 | ||||||||
| Freeport Indonesia PT (Indonesia)(f) | 4.763% | 4/14/2027 | 55,227,000 | 55,304,318 | ||||||||
| 252 | See Notes to Schedule of Investments. |
Schedule of Investments (unaudited)(continued)
SHORT DURATION INCOME FUND August 31, 2026
| Investments | Interest Rate | Maturity Date | Principal Amount | Fair Value | ||||||||
| Mining (continued) | ||||||||||||
| Freeport-McMoRan, Inc. | 5.25% | 9/1/2029 | $ | 30,556,000 | $ | 30,658,627 | ||||||
| Glencore Funding LLC† | 5.186% | 4/1/2030 | 56,057,000 | 56,134,331 | ||||||||
| Glencore Funding LLC† | 5.371% | 4/4/2029 | 120,235,000 | 121,585,261 | ||||||||
| Glencore Funding LLC† | 5.40% | 5/8/2028 | 13,575,000 | 13,691,932 | ||||||||
| Glencore Funding LLC† | 6.125% | 10/6/2028 | 31,335,000 | 32,073,361 | ||||||||
| Glencore Funding LLC† | 6.375% | 10/6/2030 | 47,698,000 | 49,773,705 | ||||||||
| Total | 548,111,678 | |||||||||||
| Miscellaneous Manufacturing 0.09% | ||||||||||||
| Hillenbrand, Inc.(g) | 6.25% | 2/15/2029 | 14,343,000 | 14,243,681 | ||||||||
| Trinity Industries, Inc.† | 7.75% | 7/15/2028 | 22,823,000 | 23,341,972 | ||||||||
| Total | 37,585,653 | |||||||||||
| Oil & Gas 5.61% | ||||||||||||
| Aethon United BR LP/Aethon United Finance Corp.† | 7.50% | 10/1/2029 | 130,688,000 | 136,008,700 | ||||||||
| Antero Resources Corp.† | 5.375% | 3/1/2030 | 49,566,000 | 49,579,522 | ||||||||
| APA Corp. | 7.75% | 12/15/2029 | 10,941,000 | 11,828,335 | ||||||||
| Ascent Resources Utica Holdings LLC/ARU Finance Corp.† | 5.875% | 6/30/2029 | 10,000,000 | 10,005,930 | ||||||||
| Chord Energy Corp.† | 6.00% | 10/1/2030 | 47,547,000 | 48,132,113 | ||||||||
| CITGO Petroleum Corp.† | 8.375% | 1/15/2029 | 145,257,000 | 149,298,485 | ||||||||
| Continental Resources, Inc.† | 2.268% | 11/15/2026 | 156,101,000 | 155,439,338 | ||||||||
| Continental Resources, Inc. | 4.375% | 1/15/2028 | 96,791,000 | 96,089,458 | ||||||||
| Continental Resources, Inc.† | 5.75% | 1/15/2031 | 103,608,000 | 104,962,632 | ||||||||
| Crescent Energy Finance LLC†(g) | 9.75% | 10/15/2030 | 31,594,000 | 33,279,856 | ||||||||
| Devon Energy Corp. | 5.25% | 10/15/2027 | 78,874,000 | 78,877,050 | ||||||||
| Devon Energy Corp. | 5.875% | 6/15/2028 | 27,374,000 | 27,336,887 | ||||||||
| Ecopetrol SA (Colombia)(f)(g) | 8.625% | 1/19/2029 | 117,323,000 | 124,503,239 | ||||||||
| EQT Corp. | 7.50% | 6/1/2030 | 18,148,000 | 19,412,812 | ||||||||
| Expand Energy Corp. | 5.375% | 2/1/2029 | 66,228,000 | 66,240,293 | ||||||||
| Expand Energy Corp. | 5.375% | 3/15/2030 | 57,948,000 | 58,168,805 | ||||||||
| Helmerich & Payne, Inc. | 4.65% | 12/1/2027 | 32,608,000 | 32,548,082 | ||||||||
| HF Sinclair Corp. | 5.00% | 2/1/2028 | 52,437,000 | 52,348,044 | ||||||||
| Hilcorp Energy I LP/Hilcorp Finance Co.† | 5.75% | 2/1/2029 | 50,746,000 | 50,939,748 | ||||||||
| Hilcorp Energy I LP/Hilcorp Finance Co.† | 6.00% | 4/15/2030 | 13,000,000 | 12,994,587 | ||||||||
| Hilcorp Energy I LP/Hilcorp Finance Co.† | 6.25% | 11/1/2028 | 57,903,000 | 58,272,132 | ||||||||
| Medco Laurel Tree Pte. Ltd. (Singapore)(f) | 6.95% | 11/12/2028 | 28,851,000 | 28,941,170 | ||||||||
| Noble Finance II LLC† | 8.00% | 4/15/2030 | 46,541,000 | 48,148,061 | ||||||||
| Occidental Petroleum Corp. | 7.50% | 5/1/2031 | 10,764,000 | 11,774,890 | ||||||||
| Occidental Petroleum Corp. | 8.875% | 7/15/2030 | 66,468,000 | 74,079,782 | ||||||||
| OGX Austria GmbH (Brazil)†(f)(h) | 8.50% | 6/1/2018 | 31,150,000 | 623 | ||||||||
| See Notes to Schedule of Investments. | 253 |
Schedule of Investments (unaudited)(continued)
SHORT DURATION INCOME FUND August 31, 2026
| Investments | Interest Rate | Maturity Date | Principal Amount | Fair Value | ||||||||
| Oil & Gas (continued) | ||||||||||||
| Permian Resources Operating LLC† | 5.875% | 7/1/2029 | $ | 118,755,000 | $ | 118,947,996 | ||||||
| Permian Resources Operating LLC† | 7.00% | 1/15/2032 | 157,037,000 | 162,315,956 | ||||||||
| Petrobras Global Finance BV (Netherlands)(f) | 5.125% | 9/10/2030 | 73,647,000 | 72,450,236 | ||||||||
| Petroleos Mexicanos (Mexico)(f) | 8.75% | 6/2/2029 | 28,214,563 | 30,254,194 | ||||||||
| Precision Drilling Corp. (Canada)†(f) | 6.875% | 1/15/2029 | 13,705,000 | 13,793,055 | ||||||||
| SM Energy Co. | 6.50% | 7/15/2028 | 43,016,000 | 43,133,090 | ||||||||
| SM Energy Co. | 6.625% | 1/15/2027 | 35,520,000 | 35,599,920 | ||||||||
| SM Energy Co.† | 6.75% | 8/1/2029 | 22,949,000 | 23,481,348 | ||||||||
| SM Energy Co.†(g) | 8.375% | 7/1/2028 | 151,446,000 | 155,043,145 | ||||||||
| SM Energy Co.† | 8.625% | 11/1/2030 | 5,321,000 | 5,592,653 | ||||||||
| SM Energy Co.† | 8.75% | 7/1/2031 | 29,678,000 | 31,062,182 | ||||||||
| Sunoco LP† | 5.875% | 7/15/2027 | 7,026,000 | 7,044,956 | ||||||||
| Sunoco LP† | 7.00% | 5/1/2029 | 51,952,000 | 53,333,923 | ||||||||
| Sunoco LP/Sunoco Finance Corp. | 5.875% | 3/15/2028 | 12,920,000 | 12,950,595 | ||||||||
| Sunoco LP/Sunoco Finance Corp.† | 7.00% | 9/15/2028 | 36,105,000 | 36,862,194 | ||||||||
| Tengizchevroil Finance Co. International Ltd.† | 3.25% | 8/15/2030 | 21,325,000 | 19,859,244 | ||||||||
| Tengizchevroil Finance Co. International Ltd. | 3.25% | 8/15/2030 | 800,000 | 745,013 | ||||||||
| TGNR Intermediate Holdings LLC† | 5.50% | 10/15/2029 | 42,785,000 | 42,379,651 | ||||||||
| Viper Energy Partners LLC | 4.90% | 8/1/2030 | 29,881,000 | 29,581,717 | ||||||||
| Wildfire Intermediate Holdings LLC† | 7.50% | 10/15/2029 | 3,225,000 | 3,343,926 | ||||||||
| Total | 2,436,985,568 | |||||||||||
| Oil & Gas Services 0.08% | ||||||||||||
| Helix Energy Solutions Group, Inc.† | 9.75% | 3/1/2029 | 8,342,000 | 8,773,707 | ||||||||
| USA Compression Partners LP/USA Compression Finance Corp.† | 7.125% | 3/15/2029 | 17,924,000 | 18,370,935 | ||||||||
| Weatherford International Ltd.† | 8.625% | 4/30/2030 | 6,476,000 | 6,557,552 | ||||||||
| Total | 33,702,194 | |||||||||||
| Packaging & Containers 0.04% | ||||||||||||
| Mauser Packaging Solutions Holding Co.† | 7.875% | 4/15/2027 | 16,460,000 | 16,501,150 | ||||||||
| Pharmaceuticals 0.87% | ||||||||||||
| Bayer U.S. Finance II LLC† | 4.375% | 12/15/2028 | 48,539,000 | 47,906,656 | ||||||||
| Bayer U.S. Finance LLC† | 6.125% | 11/21/2026 | 43,020,000 | 43,114,496 | ||||||||
| Bayer U.S. Finance LLC† | 6.25% | 1/21/2029 | 78,064,000 | 80,246,337 | ||||||||
| Bayer U.S. Finance LLC† | 6.375% | 11/21/2030 | 55,234,000 | 57,513,506 | ||||||||
| Organon & Co./Organon Foreign Debt Co-Issuer BV† | 4.125% | 4/30/2028 | 67,152,000 | 66,509,699 | ||||||||
| Teva Pharmaceutical Finance Netherlands III BV (Netherlands)(f) | 3.15% | 10/1/2026 | 84,961,000 | 84,846,774 | ||||||||
| Total | 380,137,468 | |||||||||||
| 254 | See Notes to Schedule of Investments. |
Schedule of Investments (unaudited)(continued)
SHORT DURATION INCOME FUND August 31, 2026
| Investments | Interest Rate | Maturity Date | Principal Amount | Fair Value | ||||||||
| Pipelines 2.93% | ||||||||||||
| Antero Midstream Partners LP/Antero Midstream Finance Corp.† | 5.375% | 6/15/2029 | $ | 59,412,000 | $ | 59,536,165 | ||||||
| Blue Racer Midstream LLC/Blue Racer Finance Corp.† | 7.00% | 7/15/2029 | 10,000,000 | 10,297,250 | ||||||||
| Buckeye Partners LP | 3.95% | 12/1/2026 | 54,145,000 | 53,995,901 | ||||||||
| Buckeye Partners LP† | 6.875% | 7/1/2029 | 12,925,000 | 13,250,193 | ||||||||
| Cheniere Energy Partners LP | 4.00% | 3/1/2031 | 17,503,000 | 16,702,911 | ||||||||
| Cheniere Energy, Inc. | 4.625% | 10/15/2028 | 24,151,000 | 24,024,405 | ||||||||
| Colonial Enterprises, Inc.† | 3.25% | 5/15/2030 | 41,867,000 | 38,942,786 | ||||||||
| Colonial Pipeline Co.† | 8.375% | 11/1/2030 | 17,225,000 | 18,757,271 | ||||||||
| Delek Logistics Partners LP/Delek Logistics Finance Corp.† | 8.625% | 3/15/2029 | 53,629,000 | 55,609,251 | ||||||||
| DT Midstream, Inc.† | 4.125% | 6/15/2029 | 117,148,000 | 114,452,600 | ||||||||
| DT Midstream, Inc.† | 4.375% | 6/15/2031 | 19,576,000 | 18,724,130 | ||||||||
| Energy Transfer LP† | 6.00% | 2/1/2029 | 100,151,000 | 100,675,189 | ||||||||
| Energy Transfer LP† | 7.375% | 2/1/2031 | 57,777,000 | 59,294,990 | ||||||||
| Genesis Energy LP/Genesis Energy Finance Corp. | 8.25% | 1/15/2029 | 55,745,000 | 57,440,205 | ||||||||
| Genesis Energy LP/Genesis Energy Finance Corp. | 8.875% | 4/15/2030 | 16,876,000 | 17,638,272 | ||||||||
| Hess Midstream Operations LP† | 5.125% | 6/15/2028 | 23,355,000 | 23,308,524 | ||||||||
| Hess Midstream Operations LP† | 5.875% | 3/1/2028 | 16,595,000 | 16,784,233 | ||||||||
| Kinetik Holdings LP† | 6.625% | 12/15/2028 | 71,760,000 | 73,081,819 | ||||||||
| NGL Energy Operating LLC/NGL Energy Finance Corp.† | 8.125% | 2/15/2029 | 5,492,000 | 5,667,255 | ||||||||
| NGPL PipeCo LLC† | 3.25% | 7/15/2031 | 30,000,000 | 27,326,050 | ||||||||
| South Bow USA Infrastructure Holdings LLC | 4.911% | 9/1/2027 | 60,284,000 | 60,362,215 | ||||||||
| South Bow USA Infrastructure Holdings LLC | 5.026% | 10/1/2029 | 48,388,000 | 48,166,846 | ||||||||
| Tallgrass Energy Partners LP/Tallgrass Energy Finance Corp.† | 5.50% | 1/15/2028 | 15,572,000 | 15,578,167 | ||||||||
| Tallgrass Energy Partners LP/Tallgrass Energy Finance Corp.† | 7.375% | 2/15/2029 | 54,382,000 | 55,910,569 | ||||||||
| Targa Resources Partners LP/Targa Resources Partners Finance Corp. | 4.875% | 2/1/2031 | 44,995,000 | 44,413,774 | ||||||||
| Targa Resources Partners LP/Targa Resources Partners Finance Corp. | 5.00% | 1/15/2028 | 45,699,000 | 45,681,993 | ||||||||
| Targa Resources Partners LP/Targa Resources Partners Finance Corp. | 5.50% | 3/1/2030 | 16,871,000 | 16,971,290 | ||||||||
| Western Midstream Operating LP | 4.75% | 8/15/2028 | 22,221,000 | 22,197,496 | ||||||||
| Western Midstream Operating LP | 6.35% | 1/15/2029 | 14,522,000 | 14,964,171 | ||||||||
| See Notes to Schedule of Investments. | 255 |
Schedule of Investments (unaudited)(continued)
SHORT DURATION INCOME FUND August 31, 2026
| Investments | Interest Rate | Maturity Date | Principal Amount | Fair Value | ||||||||
| Pipelines (continued) | ||||||||||||
| Western Midstream Operating LP† | 7.25% | 4/1/2030 | $ | 102,730,000 | $ | 107,437,808 | ||||||
| Whistler Pipeline LLC† | 5.40% | 9/30/2029 | 36,122,000 | 36,453,950 | ||||||||
| Total | 1,273,647,679 | |||||||||||
| Real Estate 0.11% | ||||||||||||
| Cushman & Wakefield U.S. Borrower LLC†(g) | 6.75% | 5/15/2028 | 3,081,000 | 3,087,301 | ||||||||
| Newmark Group, Inc. | 7.50% | 1/12/2029 | 45,000,000 | 46,834,650 | ||||||||
| Total | 49,921,951 | |||||||||||
| REITS 1.65% | ||||||||||||
| EPR Properties | 3.75% | 8/15/2029 | 17,714,000 | 17,022,272 | ||||||||
| EPR Properties | 4.75% | 12/15/2026 | 28,430,000 | 28,430,994 | ||||||||
| Equinix Europe 2 Financing Corp. LLC | 4.60% | 11/15/2030 | 30,603,000 | 29,839,600 | ||||||||
| GLP Capital LP/GLP Financing II, Inc. | 5.30% | 1/15/2029 | 15,722,000 | 15,768,924 | ||||||||
| Iron Mountain, Inc.† | 4.875% | 9/15/2027 | 9,242,000 | 9,220,706 | ||||||||
| Iron Mountain, Inc.† | 5.25% | 3/15/2028 | 74,653,000 | 74,486,128 | ||||||||
| Ladder Capital Finance Holdings LLLP/Ladder Capital Finance Corp.† | 4.25% | 2/1/2027 | 79,765,000 | 79,647,474 | ||||||||
| Ladder Capital Finance Holdings LLLP/Ladder Capital Finance Corp.† | 4.75% | 6/15/2029 | 89,058,000 | 86,808,885 | ||||||||
| Ladder Capital Finance Holdings LLLP/Ladder Capital Finance Corp.† | 7.00% | 7/15/2031 | 42,354,000 | 43,779,890 | ||||||||
| Park Intermediate Holdings LLC/PK Domestic Property LLC/PK Finance Co-Issuer† | 5.875% | 10/1/2028 | 26,035,000 | 26,072,212 | ||||||||
| SBA Communications Corp. | 4.875% | 1/15/2030 | 28,347,000 | 28,113,188 | ||||||||
| SBA Communications Corp. | 5.15% | 7/15/2031 | 38,000,000 | 37,719,305 | ||||||||
| VICI Properties LP/VICI Note Co., Inc.† | 3.75% | 2/15/2027 | 77,290,000 | 76,974,515 | ||||||||
| VICI Properties LP/VICI Note Co., Inc.† | 3.875% | 2/15/2029 | 73,692,000 | 71,422,006 | ||||||||
| VICI Properties LP/VICI Note Co., Inc.† | 4.625% | 12/1/2029 | 45,804,000 | 44,746,774 | ||||||||
| WEA Finance LLC† | 2.875% | 1/15/2027 | 32,652,000 | 32,449,860 | ||||||||
| WEA Finance LLC† | 3.50% | 6/15/2029 | 17,144,000 | 16,475,830 | ||||||||
| Total | 718,978,563 | |||||||||||
| Retail 0.14% | ||||||||||||
| 7-Eleven, Inc.† | 1.80% | 2/10/2031 | 35,381,000 | 30,655,239 | ||||||||
| Dick’s Sporting Goods, Inc. | 4.00% | 10/1/2029 | 31,205,000 | 30,286,577 | ||||||||
| Total | 60,941,816 | |||||||||||
| Semiconductors 1.31% | ||||||||||||
| Entegris, Inc.† | 4.75% | 4/15/2029 | 91,909,000 | 90,587,601 | ||||||||
| Foundry JV Holdco LLC† | 5.50% | 1/25/2031 | 73,734,000 | 74,397,226 | ||||||||
| Foundry JV Holdco LLC† | 5.90% | 1/25/2030 | 140,444,000 | 143,569,498 | ||||||||
| 256 | See Notes to Schedule of Investments. |
Schedule of Investments (unaudited)(continued)
SHORT DURATION INCOME FUND August 31, 2026
| Investments | Interest Rate | Maturity Date | Principal Amount | Fair Value | ||||||||
| Semiconductors (continued) | ||||||||||||
| Foundry JV Holdco LLC† | 6.15% | 1/25/2032 | $ | 38,841,000 | $ | 40,053,952 | ||||||
| Intel Corp. | 2.45% | 11/15/2029 | 20,548,000 | 19,003,503 | ||||||||
| Intel Corp. | 4.65% | 6/1/2031 | 61,654,000 | 60,162,436 | ||||||||
| Kioxia Holdings Corp. (Japan)†(f) | 6.25% | 7/24/2030 | 39,027,000 | 39,917,831 | ||||||||
| Microchip Technology, Inc. | 5.05% | 3/15/2029 | 31,579,000 | 31,681,611 | ||||||||
| Microchip Technology, Inc. | 5.05% | 2/15/2030 | 28,770,000 | 28,632,365 | ||||||||
| Skyworks Solutions, Inc. | 5.00% | 8/10/2028 | 41,441,000 | 41,431,367 | ||||||||
| Total | 569,437,390 | |||||||||||
| Software 1.45% | ||||||||||||
| Activision Blizzard, Inc. | 1.35% | 9/15/2030 | 15,003,000 | 12,570,978 | ||||||||
| Fiserv, Inc. | 5.45% | 3/2/2028 | 23,314,000 | 23,488,101 | ||||||||
| MSCI, Inc.† | 3.625% | 9/1/2030 | 29,788,000 | 27,934,113 | ||||||||
| MSCI, Inc.† | 4.00% | 11/15/2029 | 48,874,000 | 47,121,311 | ||||||||
| Oracle Corp. | 2.95% | 4/1/2030 | 19,665,000 | 17,821,161 | ||||||||
| Oracle Corp. | 4.45% | 9/26/2030 | 151,652,000 | 143,601,346 | ||||||||
| Oracle Corp. | 4.55% | 2/4/2029 | 121,869,000 | 119,134,325 | ||||||||
| Oracle Corp. | 4.95% | 2/4/2031 | 76,933,000 | 73,748,755 | ||||||||
| ROBLOX Corp.† | 3.875% | 5/1/2030 | 70,246,000 | 66,172,582 | ||||||||
| SS&C Technologies, Inc.† | 5.50% | 9/30/2027 | 97,527,000 | 97,614,774 | ||||||||
| Total | 629,207,446 | |||||||||||
| Telecommunications 0.42% | ||||||||||||
| Big Sky Funding LLC† | 5.75% | 10/20/2035 | 22,172,000 | 21,820,020 | ||||||||
| NTT Finance Corp. (Japan)†(f) | 4.741% | 3/31/2028 | 22,220,000 | 22,185,318 | ||||||||
| NTT Finance Corp. (Japan)†(f) | 4.828% | 11/1/2029 | 39,165,000 | 38,942,096 | ||||||||
| Sprint Capital Corp. | 6.875% | 11/15/2028 | 64,546,000 | 67,274,360 | ||||||||
| Telefonica Europe BV (Netherlands)(f) | 8.25% | 9/15/2030 | 28,043,000 | 31,094,419 | ||||||||
| Total | 181,316,213 | |||||||||||
| Toys/Games/Hobbies 0.67% | ||||||||||||
| Hasbro, Inc. | 3.90% | 11/19/2029 | 114,845,000 | 111,080,442 | ||||||||
| Mattel, Inc.† | 3.75% | 4/1/2029 | 67,697,000 | 65,194,976 | ||||||||
| Mattel, Inc.(g) | 5.00% | 11/17/2030 | 57,249,000 | 56,605,214 | ||||||||
| Mattel, Inc.† | 5.875% | 12/15/2027 | 57,906,000 | 57,910,217 | ||||||||
| Total | 290,790,849 | |||||||||||
| Transportation 0.48% | ||||||||||||
| GXO Logistics, Inc. | 2.65% | 7/15/2031 | 9,432,000 | 8,335,902 | ||||||||
| GXO Logistics, Inc. | 6.25% | 5/6/2029 | 72,957,000 | 74,940,439 | ||||||||
| Kazakhstan Temir Zholy National Co. JSC (Kazakhstan)†(f) | 4.875% | 4/29/2031 | 28,869,000 | 28,184,072 | ||||||||
| See Notes to Schedule of Investments. | 257 |
Schedule of Investments (unaudited)(continued)
SHORT DURATION INCOME FUND August 31, 2026
| Investments | Interest Rate | Maturity Date | Principal Amount | Fair Value | ||||||||
| Transportation (continued) | ||||||||||||
| Pacific National Finance Pty. Ltd. (Australia)(f) | 4.75% | 3/22/2028 | $ | 57,070,000 | $ | 56,402,707 | ||||||
| Rumo Luxembourg SARL (Luxembourg)(f) | 5.25% | 1/10/2028 | 13,281,000 | 13,089,953 | ||||||||
| XPO, Inc.† | 6.25% | 6/1/2028 | 29,090,000 | 29,355,679 | ||||||||
| Total | 210,308,752 | |||||||||||
| Trucking & Leasing 0.33% | ||||||||||||
| Avolon Holdings Funding Ltd. (Ireland)†(f) | 4.90% | 10/10/2030 | 13,910,000 | 13,668,603 | ||||||||
| FTAI Aviation Investors LLC† | 5.50% | 5/1/2028 | 110,160,000 | 109,968,795 | ||||||||
| SMBC Aviation Capital Finance DAC (Ireland)†(f) | 4.95% | 7/23/2029 | 19,614,000 | 19,555,794 | ||||||||
| Total | 143,193,192 | |||||||||||
| Water 0.12% | ||||||||||||
| Nova Securitisation SARL (Luxembourg)†(f) | 5.75% | 2/3/2031 | 55,211,000 | 53,032,098 | ||||||||
| Total Corporate Bonds (cost $22,420,339,104) | 22,340,485,068 | |||||||||||
| FLOATING RATE LOANS(i) 5.95% | ||||||||||||
| Aerospace & Defense 0.17% | ||||||||||||
| TransDigm, Inc. 2025 Term Loan K | 5.936% (1 mo. USD Term SOFR + 2.25%) | 3/22/2030 | 73,043,759 | 73,292,108 | ||||||||
| Aerospace/Defense 0.09% | ||||||||||||
| RTX Corp. Term Loan | 4.884% (1 mo. USD Term SOFR + 1.13%) | 11/6/2026 | 39,600,000 | 39,624,750 | ||||||||
| Airlines 0.09% | ||||||||||||
| American Airlines, Inc. 2025 Term Loan | 5.979% (3 mo. USD Term SOFR + 2.25%) | 4/20/2028 | 37,231,134 | 37,280,279 | ||||||||
| Biotechnology 0.23% | ||||||||||||
| RPI Intermediate Finance Partnership LP 2025 Term Loan | 5.161% (1 mo. USD Term SOFR + 1.38%) | 2/4/2030 | 99,067,956 | 98,696,451 | ||||||||
| Chemicals 0.03% | ||||||||||||
| Element Solutions, Inc. 2026 Term Loan B | 5.436% (1 mo. USD Term SOFR + 1.75%) | 12/18/2030 | 1,106,573 | 1,109,733 | ||||||||
| TPC Group, Inc. 2024 Term Loan B | 9.418% (3 mo. USD Term SOFR + 5.75%) | 12/16/2031 | 13,500,000 | 13,539,420 | ||||||||
| Total | 14,649,153 | |||||||||||
| 258 | See Notes to Schedule of Investments. |
Schedule of Investments (unaudited)(continued)
SHORT DURATION INCOME FUND August 31, 2026
| Investments | Interest Rate | Maturity Date | Principal Amount | Fair Value | ||||||||
| Commercial Services 0.22% | ||||||||||||
| Mavis Tire Express Services Corp. 2025 Repriced Term Loan | 6.669% (6 mo. USD Term SOFR + 3.00%) | 5/4/2028 | $ | 93,618,071 | $ | 93,680,327 | ||||||
| Diversified Financial Services 0.17% | ||||||||||||
| Air Lease Corp. 1st Lien Term Loan | 5.006% (1 mo. USD Term SOFR + 1.20%) | 11/24/2026 | 17,323,200 | 17,344,854 | ||||||||
| Avolon TLB Borrower 1 U.S. LLC 2023 Term Loan B6 | 5.403% (1 mo. USD Term SOFR + 1.75%) | 6/24/2030 | 40,499,573 | 40,647,599 | ||||||||
| GC Ferry Acquisition I, Inc. Delayed Draw Term Loan(j) | – | (e) | 8/16/2032 | 265,237 | 266,596 | |||||||
| GC Ferry Acquisition I, Inc. Term Loan | – | (e) | 8/16/2032 | 1,545,763 | 1,553,685 | |||||||
| Setanta Aircraft Leasing DAC 2024 Term Loan B (Ireland)(f) | 5.482% (3 mo. USD Term SOFR + 1.75%) | 11/5/2028 | 13,721,355 | 13,794,696 | ||||||||
| Total | 73,607,430 | |||||||||||
| Electric 0.12% | ||||||||||||
| Cleco Power LLC Term Loan | 5.188% (1 mo. USD Term SOFR + 1.50%) | 4/24/2028 | 23,150,000 | 23,121,062 | ||||||||
| NRG Energy, Inc. 2024 Term Loan | 5.436% (1 mo. USD Term SOFR + 1.75%) | 4/16/2031 | 26,979,000 | 27,011,105 | ||||||||
| Total | 50,132,167 | |||||||||||
| Electronics 0.22% | ||||||||||||
| Amphenol Corp. 3 Year Delayed Draw Term Loan | 4.517% (1 mo. USD Term SOFR + 0.88%) | 8/22/2028 | 78,113,000 | 77,868,897 | ||||||||
| Honeywell International, Inc. Term Loan A1 | 4.561% (1 mo. USD Term SOFR + 0.88%) | 5/7/2027 | 19,218,750 | 19,218,750 | ||||||||
| Total | 97,087,647 | |||||||||||
| Entertainment 0.03% | ||||||||||||
| Flutter Financing BV 2024 Term Loan B (Netherlands)(f) | 5.482% (3 mo. USD Term SOFR + 1.75%) | 11/30/2030 | 14,961,637 | 14,702,950 | ||||||||
| Food Service 0.16% | ||||||||||||
| Aramark Services, Inc. 2025 Repriced Term Loan | 5.436% (1 mo. USD Term SOFR + 1.75%) | 4/6/2028 | 35,339,843 | 35,445,862 | ||||||||
| See Notes to Schedule of Investments. | 259 |
Schedule of Investments (unaudited)(continued)
SHORT DURATION INCOME FUND August 31, 2026
| Investments | Interest Rate | Maturity Date | Principal Amount | Fair Value | ||||||||
| Food Service (continued) | ||||||||||||
| Aramark Services, Inc. 2025 Term Loan | 5.436% (1 mo. USD Term SOFR + 1.75%) | 6/22/2030 | $ | 36,034,989 | $ | 36,185,255 | ||||||
| Total | 71,631,117 | |||||||||||
| Gaming/Leisure 0.05% | ||||||||||||
| Fertitta Entertainment LLC 2022 Term Loan B | 6.936% (1 mo. USD Term SOFR + 3.25%) | 1/27/2029 | 21,786,044 | 21,860,988 | ||||||||
| Health Care Products 0.15% | ||||||||||||
| Augusta SpinCo Corp. Tranche 2 Term Loan | – | (e) | 1/7/2028 | 24,245,778 | 24,260,931 | |||||||
| GE HealthCare Technologies, Inc. Term Loan | – | (e) | 12/12/2028 | 25,639,917 | 25,639,917 | |||||||
| Solventum Corp. Term Loan | 4.989% (1 mo. USD Term SOFR + 1.25%) | 3/8/2027 | 14,514,163 | 14,541,377 | ||||||||
| Total | 64,442,225 | |||||||||||
| Health Care Services 0.04% | ||||||||||||
| DaVita, Inc. 2025 Term Loan B | 5.436% (1 mo. USD Term SOFR + 1.75%) | 5/9/2031 | 16,824,383 | 16,825,645 | ||||||||
| Internet 0.11% | ||||||||||||
| Delivery Hero SE 2024 USD Term Loan B (Germany)(f) | – | (e) | 12/12/2029 | 45,114,429 | 45,706,556 | |||||||
| Leisure Time 0.32% | ||||||||||||
| GBT U.S. III LLC 2026 Term Loan B | 5.81% (3 mo. USD Term SOFR + 2.00%) | 7/25/2031 | 50,469,904 | 50,469,904 | ||||||||
| Peloton Interactive, Inc. 2024 Term Loan B | 9.186% (1 mo. USD Term SOFR + 5.50%) | 5/30/2029 | 86,158,987 | 86,632,861 | ||||||||
| Total | 137,102,765 | |||||||||||
| Lodging 0.05% | ||||||||||||
| Hilton Grand Vacations Borrower LLC 2024 Term Loan A | 5.336% (1 mo. USD Term SOFR + 1.65%) | 1/10/2028 | 20,000,000 | 19,937,500 | ||||||||
| Machinery: Diversified 0.19% | ||||||||||||
| TK Elevator Midco GmbH 2026 USD Term Loan B (Germany)(f) | 6.704% (6 mo. USD Term SOFR + 2.75%) | 4/30/2030 | 84,020,528 | 84,552,378 | ||||||||
| 260 | See Notes to Schedule of Investments. |
Schedule of Investments (unaudited)(continued)
SHORT DURATION INCOME FUND August 31, 2026
| Investments | Interest Rate | Maturity Date | Principal Amount | Fair Value | ||||||||
| Media 0.50% | ||||||||||||
| Charter Communications Operating LLC 2023 Term Loan B4 | 5.725% (3 mo. USD Term SOFR + 2.00%) | 12/7/2030 | $ | 147,876,318 | $ | 146,543,952 | ||||||
| Charter Communications Operating LLC 2024 Term Loan B5 | 5.975% (3 mo. USD Term SOFR + 2.25%) | 12/15/2031 | 71,779,164 | 70,718,627 | ||||||||
| Total | 217,262,579 | |||||||||||
| Miscellaneous Manufacture 0.17% | ||||||||||||
| ITT, Inc. Delayed Draw Term Loan | 4.81% (1 mo. USD Term SOFR + 1.13%) | 2/18/2028 | 74,281,739 | 74,142,461 | ||||||||
| Oil & Gas 0.35% | ||||||||||||
| Antero Resources Corp. Term Loan | 5.286% (1 mo. USD Term SOFR + 1.50%) | 2/3/2029 | 86,234,177 | 86,611,452 | ||||||||
| Hilcorp Energy I LP Term Loan B | 5.409% (1 mo. USD Term SOFR + 1.75%) | 2/11/2030 | 67,110,186 | 67,194,073 | ||||||||
| Total | 153,805,525 | |||||||||||
| Pharmaceuticals 0.29% | ||||||||||||
| Organon & Co. 2024 USD Term Loan | 5.936% (1 mo. USD Term SOFR + 2.25%) | 5/19/2031 | 127,763,733 | 127,883,192 | ||||||||
| Pipelines 0.40% | ||||||||||||
| Gray Oak Pipeline LLC Delayed Draw Term Loan | 5.103% (3 mo. USD Term SOFR + 1.25%) | 10/14/2026 | 42,544,000 | 42,514,219 | ||||||||
| Venture Global Plaquemines LNG LLC 2024 Contingency Reserve Delayed Draw Term Loan | 5.911% (1 mo. USD Term SOFR + 2.23%) | 5/25/2029 | 9,873,939 | 9,883,221 | ||||||||
| Venture Global Plaquemines LNG LLC Base Term Loan | 5.911% (1 mo. USD Term SOFR + 2.23%) | 5/25/2029 | 121,044,101 | 121,176,644 | ||||||||
| Total | 173,574,084 | |||||||||||
| Real Estate Investment Trusts 0.37% | ||||||||||||
| Host Hotels & Resorts LP 2023 Term Loan A2 | 4.586% (1 mo. USD Term SOFR + 0.90%) | 1/4/2028 | 33,002,333 | 32,837,322 | ||||||||
| Invitation Homes Operating Partnership LP 2024 Term Loan | 4.503% (1 mo. USD Term SOFR + 0.85%) | 9/11/2028 | 128,573,933 | 127,609,628 | ||||||||
| Total | 160,446,950 | |||||||||||
| See Notes to Schedule of Investments. | 261 |
Schedule of Investments (unaudited)(continued)
SHORT DURATION INCOME FUND August 31, 2026
| Investments | Interest Rate | Maturity Date | Principal Amount | Fair Value | ||||||||
| Regional 0.14% | ||||||||||||
| Seminole Tribe of Florida 2026 Term Loan A | 4.936% (1 mo. USD Term SOFR + 1.25%) | 5/8/2031 | $ | 62,750,000 | $ | 62,750,000 | ||||||
| Retail 0.85% | ||||||||||||
| 7-Eleven, Inc. Term Loan (2028) | 4.957% (3 mo. USD Term SOFR + 1.20%) | 12/11/2028 | 124,500,000 | 124,422,188 | ||||||||
| KFC Holding Co. 2021 Term Loan B | 5.503% (1 mo. USD Term SOFR + 1.75%) | 3/15/2028 | 68,041,322 | 68,275,384 | ||||||||
| Lowes Cos., Inc. Delayed Draw Term Loan | 4.761% (3 mo. USD Term SOFR + 1.00%) | 9/15/2028 | 178,308,000 | 177,309,475 | ||||||||
| Total | 370,007,047 | |||||||||||
| Software 0.01% | ||||||||||||
| RealPage, Inc. 1st Lien Term Loan | 6.994% (3 mo. USD Term SOFR + 3.00%) | 4/24/2028 | 3,781,892 | 3,731,858 | ||||||||
| Telecommunications 0.30% | ||||||||||||
| AT&T, Inc. 2025 Delayed Draw Term Loan (11500mm) | 4.79% (3 mo. USD Term SOFR + 1.05%) | 7/28/2028 | 83,160,000 | 83,263,950 | ||||||||
| Iridium Satellite LLC 2024 Term Loan B | 5.936% (1 mo. USD Term SOFR + 2.25%) | 9/20/2030 | 46,887,960 | 46,970,014 | ||||||||
| Total | 130,233,964 | |||||||||||
| Utilities 0.13% | ||||||||||||
| Lightning Power LLC Term Loan B | 5.436% (1 mo. USD Term SOFR + 1.75%) | 8/18/2031 | 23,866,765 | 23,934,667 | ||||||||
| Long Ridge Energy LLC Term Loan B | 8.232% (3 mo. USD Term SOFR + 4.50%) | 2/19/2032 | 32,283,195 | 32,355,993 | ||||||||
| Total | 56,290,660 | |||||||||||
| Total Floating Rate Loans (cost $2,590,518,705) | 2,584,940,756 | |||||||||||
| FOREIGN GOVERNMENT OBLIGATIONS(f) 2.34% | ||||||||||||
| Bermuda 0.02% | ||||||||||||
| Bermuda Government International Bonds | 2.375% | 8/20/2030 | 5,577,000 | 5,040,771 | ||||||||
| Bermuda Government International Bonds(g) | 3.717% | 1/25/2027 | 4,750,000 | 4,750,428 | ||||||||
| Total | 9,791,199 | |||||||||||
| 262 | See Notes to Schedule of Investments. |
Schedule of Investments (unaudited)(continued)
SHORT DURATION INCOME FUND August 31, 2026
| Investments | Interest Rate | Maturity Date | Principal Amount | Fair Value | ||||||||
| Colombia 0.26% | ||||||||||||
| Colombia Government International Bonds | 5.375% | 1/21/2029 | $ | 111,983,000 | $ | 111,792,629 | ||||||
| Dominican Republic 0.31% | ||||||||||||
| Dominican Republic International Bonds | 5.50% | 2/22/2029 | 50,952,000 | 51,104,856 | ||||||||
| Dominican Republic International Bonds | 5.95% | 1/25/2027 | 70,763,000 | 71,258,341 | ||||||||
| Dominican Republic International Bonds | 6.00% | 7/19/2028 | 6,550,000 | 6,631,875 | ||||||||
| Dominican Republic International Bonds | 8.625% | 4/20/2027 | 7,483,333 | 7,656,386 | ||||||||
| Total | 136,651,458 | |||||||||||
| Guatemala 0.07% | ||||||||||||
| Guatemala Government Bonds | 4.875% | 2/13/2028 | 29,952,000 | 29,869,183 | ||||||||
| Hungary 0.12% | ||||||||||||
| Hungary Government International Bonds | 6.125% | 5/22/2028 | 20,000,000 | 20,399,272 | ||||||||
| Hungary Government International Bonds | 6.125% | 5/22/2028 | 30,099,000 | 30,699,884 | ||||||||
| Total | 51,099,156 | |||||||||||
| Kazakhstan 0.02% | ||||||||||||
| Development Bank of Kazakhstan JSC† | 5.25% | 10/23/2029 | 6,184,000 | 6,208,430 | ||||||||
| Development Bank of Kazakhstan JSC | 5.50% | 4/15/2027 | 3,700,000 | 3,722,667 | ||||||||
| Total | 9,931,097 | |||||||||||
| Mexico 0.53% | ||||||||||||
| Eagle Funding Luxco SARL† | 5.50% | 8/17/2030 | 228,793,000 | 228,735,802 | ||||||||
| Romania 0.66% | ||||||||||||
| Romania Government International Bonds | 3.00% | 2/27/2027 | 6,776,000 | 6,711,286 | ||||||||
| Romania Government International Bonds | 5.25% | 11/25/2027 | 59,756,000 | 59,751,698 | ||||||||
| Romania Government International Bonds† | 5.75% | 9/16/2030 | 71,968,000 | 71,924,118 | ||||||||
| Romania Government International Bonds† | 5.875% | 1/30/2029 | 128,392,000 | 129,362,574 | ||||||||
| Romania Government International Bonds | 6.625% | 2/17/2028 | 20,094,000 | 20,482,594 | ||||||||
| Total | 288,232,270 | |||||||||||
| Serbia 0.10% | ||||||||||||
| Serbia International Bonds | 6.25% | 5/26/2028 | 40,674,000 | 41,394,594 | ||||||||
| Turkey 0.25% | ||||||||||||
| Turkiye Government International Bonds | 4.875% | 10/9/2026 | 35,780,000 | 35,756,818 | ||||||||
| Turkiye Government International Bonds | 6.00% | 3/25/2027 | 13,500,000 | 13,553,824 | ||||||||
| Turkiye Government International Bonds | 8.60% | 9/24/2027 | 20,900,000 | 21,534,027 | ||||||||
| Turkiye Ihracat Kredi Bankasi AS† | 6.125% | 5/2/2029 | 39,700,000 | 39,252,845 | ||||||||
| Total | 110,097,514 | |||||||||||
| Total Foreign Government Obligations (cost $1,019,977,197) | 1,017,594,902 | |||||||||||
| See Notes to Schedule of Investments. | 263 |
Schedule of Investments (unaudited)(continued)
SHORT DURATION INCOME FUND August 31, 2026
| Investments | Interest Rate | Maturity Date | Principal Amount | Fair Value | ||||||||
| GOVERNMENT SPONSORED ENTERPRISES COLLATERALIZED MORTGAGE OBLIGATIONS 0.00% | ||||||||||||
| Federal Home Loan Mortgage Corp. Multifamily Structured Pass-Through Certificates Series K061 Class X1(k) | 0.275% | #(l) | 11/25/2026 | $ | 425,499,059 | $ | 69,569 | |||||
| Government National Mortgage Association Series 2013-193 Class IO(k) | 0.121% | #(l) | 1/16/2055 | 452,657 | 780 | |||||||
| Government National Mortgage Association Series 2014-78 Class IO(k) | Zero Coupon | #(l) | 3/16/2056 | 5,099,095 | 51 | |||||||
| Government National Mortgage Association Series 2015-19 Class AD | 2.90% | 10/16/2055 | 974,518 | 960,766 | ||||||||
| Total Government Sponsored Enterprises Collateralized Mortgage Obligations (cost $1,089,705) | 1,031,166 | |||||||||||
| GOVERNMENT SPONSORED ENTERPRISES PASS-THROUGHS 5.55% | ||||||||||||
| Federal Home Loan Mortgage Corp. | 4.692% (30 day USD SOFR Average + 2.21%) | # | 2/1/2056 | 30,060,725 | 29,812,102 | |||||||
| Federal Home Loan Mortgage Corp. | 4.855% (30 day USD SOFR Average + 2.14%) | # | 10/1/2055 | 19,281,796 | 19,162,399 | |||||||
| Federal Home Loan Mortgage Corp. | 4.998% (30 day USD SOFR Average + 2.24%) | # | 9/1/2055 | 17,839,343 | 17,736,360 | |||||||
| Federal Home Loan Mortgage Corp. | 5.359% (30 day USD SOFR Average + 2.18%) | # | 8/1/2055 | 16,229,609 | 16,325,861 | |||||||
| Federal Home Loan Mortgage Corp. | 5.426% (30 day USD SOFR Average + 2.08%) | # | 10/1/2055 | 23,977,113 | 23,994,968 | |||||||
| Federal Home Loan Mortgage Corp. | 5.501% (30 day USD SOFR Average + 2.29%) | # | 7/1/2055 | 44,101,258 | 44,490,424 | |||||||
| Federal Home Loan Mortgage Corp. | 5.617% (30 day USD SOFR Average + 2.13%) | # | 8/1/2055 | 24,445,771 | 24,688,287 | |||||||
| Federal Home Loan Mortgage Corp. | 5.841% (30 day USD SOFR Average + 2.12%) | # | 5/1/2055 | 29,715,415 | 30,107,360 | |||||||
| Federal Home Loan Mortgage Corp. | 5.998% (30 day USD SOFR Average + 2.32%) | # | 8/1/2054 | 15,493,742 | 15,760,019 | |||||||
| Federal Home Loan Mortgage Corp. | 6.355% (30 day USD SOFR Average + 2.10%) | # | 9/1/2055 | 29,085,247 | 29,833,501 | |||||||
| Federal National Mortgage Association | 4.54% (30 day USD SOFR Average + 2.25%) | # | 4/1/2056 | 33,886,537 | 33,525,570 | |||||||
| Federal National Mortgage Association | 4.59% (30 day USD SOFR Average + 2.08%) | # | 4/1/2056 | 33,965,133 | 33,639,011 | |||||||
| Federal National Mortgage Association | 4.879% (30 day USD SOFR Average + 2.16%) | # | 3/1/2056 | 115,853,739 | 114,919,557 | |||||||
| Federal National Mortgage Association | 5.459% (30 day USD SOFR Average + 2.03%) | # | 10/1/2055 | 8,429,708 | 8,485,064 | |||||||
| Federal National Mortgage Association | 5.508% (30 day USD SOFR Average + 2.11%) | # | 10/1/2053 | 5,684,109 | 5,757,090 | |||||||
| Federal National Mortgage Association | 5.719% (30 day USD SOFR Average + 2.20%) | # | 8/1/2055 | 37,646,228 | 38,136,179 | |||||||
| 264 | See Notes to Schedule of Investments. |
Schedule of Investments (unaudited)(continued)
SHORT DURATION INCOME FUND August 31, 2026
| Investments | Interest Rate | Maturity Date | Principal Amount | Fair Value | ||||||||
| GOVERNMENT SPONSORED ENTERPRISES PASS-THROUGHS (continued) | ||||||||||||
| Federal National Mortgage Association | 5.833% (30 day USD SOFR Average + 2.13%) | # | 2/1/2054 | $ | 8,722,410 | $ | 8,864,500 | |||||
| Federal National Mortgage Association | 5.964% (30 day USD SOFR Average + 2.16%) | # | 9/1/2055 | 118,449,165 | 120,547,020 | |||||||
| Government National Mortgage Association | 5.50% (1 yr. CMT + 1.50%) | # | 8/20/2056 | 21,989,279 | 22,210,743 | |||||||
| Government National Mortgage Association | 7.00% | 4/20/2054 - 1/20/2055 | 309,737,533 | 321,062,080 | ||||||||
| Uniform Mortgage-Backed Security(m) | 4.50% | TBA | 207,948,000 | 202,810,573 | ||||||||
| Uniform Mortgage-Backed Security(m) | 5.00% | TBA | 865,644,000 | 860,687,744 | ||||||||
| Uniform Mortgage-Backed Security(m) | 5.50% | TBA | 241,012,000 | 243,170,001 | ||||||||
| Uniform Mortgage-Backed Security(m) | 6.00% | TBA | 144,518,000 | 147,580,709 | ||||||||
| Total Government Sponsored Enterprises Pass-Throughs (cost $2,426,456,467) | 2,413,307,122 | |||||||||||
| NON-AGENCY COMMERCIAL MORTGAGE-BACKED SECURITIES 8.91% | ||||||||||||
| 1211 Avenue of the Americas Trust Series 2015-1211 Class XA†(k) | 0.38% | #(l) | 8/10/2035 | 214,200,000 | 2,142 | |||||||
| ALA Trust Series 2025-OANA Class A† | 5.382% (1 mo. USD Term SOFR + 1.74%) | # | 6/15/2040 | 26,630,000 | 26,799,425 | |||||||
| ARDN Mortgage Trust Series 2025-ARCP Class A† | 5.389% (1 mo. USD Term SOFR + 1.75%) | # | 6/15/2035 | 16,370,000 | 16,419,036 | |||||||
| ARES Commercial Mortgage Trust Series 2026-AZURE Class A† | 4.989% (1 mo. USD Term SOFR + 1.35%) | # | 3/15/2038 | 36,740,000 | 36,879,667 | |||||||
| Bank Series 2017-BNK4 Class A3 | 3.362% | 5/15/2050 | 9,726,824 | 9,670,083 | ||||||||
| Bank Series 2017-BNK8 Class A3 | 3.229% | 11/15/2050 | 6,149,156 | 6,053,484 | ||||||||
| Bank Series 2018-BN12 Class A2 | 4.074% | 5/15/2061 | 24,784,111 | 24,715,228 | ||||||||
| Bank Series 2019-BN18 Class A4 | 3.584% | 5/15/2062 | 12,577,767 | 12,015,906 | ||||||||
| Bank Series 2019-BN21 Class A5 | 2.851% | 10/17/2052 | 37,163,000 | 34,829,818 | ||||||||
| Bank5 Series 2023-5YR2 Class A3 | 6.656% | #(l) | 7/15/2056 | 36,589,000 | 37,454,915 | |||||||
| Bank5 Series 2024-5YR11 Class A3 | 5.893% | 11/15/2057 | 67,163,564 | 68,482,905 | ||||||||
| Bank5 Series 2024-5YR8 Class A3 | 5.884% | 8/15/2057 | 119,825,000 | 121,980,939 | ||||||||
| Bank5 Series 2026-5YR24 Class A3 | 5.832% | 8/15/2031 | 16,260,000 | 16,686,340 | ||||||||
| Bank5 Trust Series 2024-5YR6 Class A3 | 6.225% | 5/15/2057 | 22,916,283 | 23,475,605 | ||||||||
| BBCMS Mortgage Trust Series 2020-C7 Class A2 | 2.021% | 4/15/2053 | 11,710,377 | 11,200,180 | ||||||||
| BBCMS Mortgage Trust Series 2020-C7 Class A5 | 2.037% | 4/15/2053 | 17,121,000 | 15,395,736 | ||||||||
| BBCMS Mortgage Trust Series 2024-5C29 Class A2 | 4.738% | 9/15/2057 | 63,660,097 | 63,035,483 | ||||||||
| See Notes to Schedule of Investments. | 265 |
Schedule of Investments (unaudited)(continued)
SHORT DURATION INCOME FUND August 31, 2026
| Investments | Interest Rate | Maturity Date | Principal Amount | Fair Value | ||||||||
| NON-AGENCY COMMERCIAL MORTGAGE-BACKED SECURITIES (continued) | ||||||||||||
| BBCMS Mortgage Trust Series 2025-5C33 Class A4 | 5.839% | 3/15/2058 | $ | 31,800,000 | $ | 32,491,405 | ||||||
| Benchmark Mortgage Trust Series 2018-B2 Class A5 | 3.882% | #(l) | 2/15/2051 | 30,550,000 | 30,091,044 | |||||||
| Benchmark Mortgage Trust Series 2018-B3 Class A5 | 4.025% | 4/10/2051 | 11,344,000 | 11,179,494 | ||||||||
| Benchmark Mortgage Trust Series 2018-B5 Class A4 | 4.208% | 7/15/2051 | 8,558,800 | 8,422,127 | ||||||||
| Benchmark Mortgage Trust Series 2018-B7 Class A4 | 4.51% | #(l) | 5/15/2053 | 17,251,068 | 17,039,447 | |||||||
| Benchmark Mortgage Trust Series 2019-B11 Class A5 | 3.542% | 5/15/2052 | 7,900,000 | 7,584,090 | ||||||||
| Benchmark Mortgage Trust Series 2019-B15 Class A5 | 2.928% | 12/15/2072 | 21,432,000 | 19,870,863 | ||||||||
| Benchmark Mortgage Trust Series 2019-B9 Class A5 | 4.016% | 3/15/2052 | 38,049,000 | 37,024,059 | ||||||||
| Benchmark Mortgage Trust Series 2020-B22 Class A5 | 1.973% | 1/15/2054 | 27,364,000 | 23,889,152 | ||||||||
| Benchmark Mortgage Trust Series 2021-B23 Class A2 | 1.62% | 2/15/2054 | 24,169,627 | 21,828,066 | ||||||||
| Benchmark Mortgage Trust Series 2024-V11 Class A3 | 5.909% | #(l) | 11/15/2057 | 10,920,000 | 11,149,560 | |||||||
| Benchmark Mortgage Trust Series 2024-V12 Class A3 | 5.739% | 12/15/2057 | 59,080,000 | 60,073,513 | ||||||||
| Benchmark Mortgage Trust Series 2024-V6 Class A3 | 5.926% | 3/15/2057 | 93,740,000 | 95,379,888 | ||||||||
| Benchmark Mortgage Trust Series 2024-V7 Class A3 | 6.228% | #(l) | 5/15/2056 | 64,728,000 | 66,396,455 | |||||||
| Benchmark Mortgage Trust Series 2024-V8 Class A3 | 6.189% | #(l) | 7/15/2057 | 23,987,000 | 24,603,272 | |||||||
| Benchmark Mortgage Trust Series 2024-V9 Class A3 | 5.602% | 8/15/2057 | 100,594,199 | 101,737,935 | ||||||||
| Benchmark Mortgage Trust Series 2025-V14 Class A4 | 5.66% | 4/15/2057 | 42,626,000 | 43,288,510 | ||||||||
| Benchmark Mortgage Trust Series 2026-V21 Class A3 | 5.127% | 3/15/2059 | 93,740,000 | 93,571,305 | ||||||||
| Benchmark Mortgage Trust Series 2026-V23 Class A3 | 5.853% | 8/28/2059 | 18,500,000 | 18,975,341 | ||||||||
| BMO Mortgage Trust Series 2023-5C2 Class A2 | 6.673% | 11/15/2056 | 24,450,000 | 25,007,387 | ||||||||
| BMO Mortgage Trust Series 2024-5C5 Class A3 | 5.857% | 2/15/2057 | 25,230,000 | 25,666,640 | ||||||||
| 266 | See Notes to Schedule of Investments. |
Schedule of Investments (unaudited)(continued)
SHORT DURATION INCOME FUND August 31, 2026
| Investments | Interest Rate | Maturity Date | Principal Amount | Fair Value | ||||||||
| NON-AGENCY COMMERCIAL MORTGAGE-BACKED SECURITIES (continued) | ||||||||||||
| BMO Mortgage Trust Series 2024-5C8 Class A3 | 5.625% | #(l) | 12/15/2057 | $ | 57,700,000 | $ | 58,402,763 | |||||
| BMO Mortgage Trust Series 2025-5C11 Class A3 | 5.669% | 7/15/2058 | 84,780,000 | 85,990,981 | ||||||||
| BMO Mortgage Trust Series 2025-5C12 Class A3 | 5.18% | 10/15/2058 | 56,127,000 | 56,020,286 | ||||||||
| BMO Mortgage Trust Series 2026-5C14 Class A3 | 5.209% | 3/15/2059 | 20,590,000 | 20,543,800 | ||||||||
| BWAY Mortgage Trust Series 2013-1515 Class XB†(k) | 0.534% | #(l) | 3/10/2033 | 103,040,000 | 672,202 | |||||||
| BX Commercial Mortgage Trust Series 2025-BCAT Class A† | 5.019% (1 mo. USD Term SOFR + 1.38%) | # | 8/15/2042 | 21,111,058 | 21,175,519 | |||||||
| BX Trust Series 2024-CNYN Class A† | 5.081% (1 mo. USD Term SOFR + 1.44%) | # | 4/15/2041 | 26,695,226 | 26,767,196 | |||||||
| BX Trust Series 2025-ARIA Class A† | 5.199% | #(l) | 12/13/2042 | 41,830,000 | 41,420,848 | |||||||
| BX Trust Series 2025-ROIC Class A† | 4.783% (1 mo. USD Term SOFR + 1.14%) | # | 3/15/2030 | 28,643,912 | 28,618,027 | |||||||
| BX Trust Series 2025-TAIL Class A† | 5.039% (1 mo. USD Term SOFR + 1.40%) | # | 6/15/2035 | 31,330,000 | 31,424,479 | |||||||
| BX Trust Series 2025-VOLT Class A† | 5.339% (1 mo. USD Term SOFR + 1.70%) | # | 12/15/2044 | 82,860,000 | 82,791,085 | |||||||
| Cantor Commercial Real Estate Lending Series 2019-CF1 Class A4 | 3.523% | 5/15/2052 | 19,100,000 | 18,436,044 | ||||||||
| CD Mortgage Trust Series 2017-CD5 Class A4 | 3.431% | 8/15/2050 | 14,700,703 | 14,512,155 | ||||||||
| CFCRE Commercial Mortgage Trust Series 2016-C6 Class XA(k) | 0.905% | #(l) | 11/10/2049 | 27,867,707 | 279 | |||||||
| CFCRE Commercial Mortgage Trust Series 2016-C7 Class XA(k) | 0.752% | #(l) | 12/10/2054 | 115,793,358 | 1,158 | |||||||
| CGMS Commercial Mortgage Trust Series 2017-B1 Class A3 | 3.197% | 8/15/2050 | 5,371,303 | 5,306,599 | ||||||||
| Citigroup Commercial Mortgage Trust Series 2012-GC8 Class XB†(k) | 0.063% | #(l) | 9/10/2045 | 63,614,405 | 10,076 | |||||||
| Citigroup Commercial Mortgage Trust Series 2015-GC31 Class XA(k) | 0.008% | #(l) | 6/10/2048 | 43,962,429 | 818 | |||||||
| Citigroup Commercial Mortgage Trust Series 2016-GC36 Class XA(k) | 1.048% | #(l) | 2/10/2049 | 12,465,383 | 125 | |||||||
| Citigroup Commercial Mortgage Trust Series 2019-C7 Class A4 | 3.102% | 12/15/2072 | 26,770,000 | 25,220,973 | ||||||||
| COMM Mortgage Trust Series 2012-CR4 Class XA(k) | 1.289% | #(l) | 10/15/2045 | 40,900,034 | 1,046,415 | |||||||
| COMM Mortgage Trust Series 2014-UBS5 Class XA(k) | 0.694% | #(l) | 9/10/2047 | 7,666,352 | 77 | |||||||
| See Notes to Schedule of Investments. | 267 |
Schedule of Investments (unaudited)(continued)
SHORT DURATION INCOME FUND August 31, 2026
| Investments | Interest Rate | Maturity Date | Principal Amount | Fair Value | ||||||||
| NON-AGENCY COMMERCIAL MORTGAGE-BACKED SECURITIES (continued) | ||||||||||||
| Commercial Mortgage Pass-Through Certificates Series 2016-CD1 Class XA(k) | 1.527% | #(l) | 8/10/2049 | $ | 24,113,956 | $ | 241 | |||||
| CONE Trust Series 2024-DFW1 Class A† | 5.281% (1 mo. USD Term SOFR + 1.64%) | # | 8/15/2041 | 32,000,000 | 31,889,962 | |||||||
| Credit Suisse Mortgage Capital Certificates Trust Series 2014-USA Class X1†(k) | 0.686% | #(l) | 9/15/2037 | 113,021,624 | 807,551 | |||||||
| CSAIL Commercial Mortgage Trust Series 2016-C6 Class XA(k) | 1.533% | #(l) | 1/15/2049 | 2,011,681 | 20 | |||||||
| CSAIL Commercial Mortgage Trust Series 2016-C7 Class XA(k) | 0.857% | #(l) | 11/15/2049 | 15,945,051 | 159 | |||||||
| CSAIL Commercial Mortgage Trust Series 2017-CX10 Class A5 | 3.458% | #(l) | 11/15/2050 | 15,800,000 | 15,422,963 | |||||||
| CSAIL Commercial Mortgage Trust Series 2020-C19 Class A2 | 2.32% | 3/15/2053 | 40,920,000 | 37,838,851 | ||||||||
| DBC Mortgage Trust Series 2025-DBC Class A† | 4.989% (1 mo. USD Term SOFR + 1.35%) | # | 11/15/2042 | 24,730,000 | 24,791,578 | |||||||
| DBGS Mortgage Trust Series 2018-C1 Class A4 | 4.466% | 10/15/2051 | 42,483,000 | 41,936,499 | ||||||||
| EQT Trust Series 2026-IND1 Class A† | 4.839% (1 mo. USD Term SOFR + 1.20%) | # | 7/15/2041 | 56,760,000 | 56,902,468 | |||||||
| Federal Home Loan Mortgage Corp. STACR REMICS Trust Series 2021-DNA7 Class M2† | 5.443% (30 day USD SOFR Average + 1.80%) | # | 11/25/2041 | 12,659,527 | 12,672,969 | |||||||
| Federal Home Loan Mortgage Corp. STACR REMICS Trust Series 2022-DNA1 Class M2† | 6.143% (30 day USD SOFR Average + 2.50%) | # | 1/25/2042 | 27,425,000 | 27,567,604 | |||||||
| Federal Home Loan Mortgage Corp. STACR REMICS Trust Series 2022-DNA3 Class M2† | 7.993% (30 day USD SOFR Average + 4.35%) | # | 4/25/2042 | 19,000,000 | 19,388,026 | |||||||
| Federal Home Loan Mortgage Corp. STACR REMICS Trust Series 2022-DNA4 Class M2† | 8.893% (30 day USD SOFR Average + 5.25%) | # | 5/25/2042 | 42,867,000 | 44,126,480 | |||||||
| Federal Home Loan Mortgage Corp. STACR REMICS Trust Series 2022-DNA6 Class M2† | 9.393% (30 day USD SOFR Average + 5.75%) | # | 9/25/2042 | 25,645,000 | 26,878,063 | |||||||
| Federal Home Loan Mortgage Corp. STACR REMICS Trust Series 2022-HQA1 Class M2† | 8.893% (30 day USD SOFR Average + 5.25%) | # | 3/25/2042 | 74,764,000 | 76,412,299 | |||||||
| 268 | See Notes to Schedule of Investments. |
Schedule of Investments (unaudited)(continued)
SHORT DURATION INCOME FUND August 31, 2026
| Investments | Interest Rate | Maturity Date | Principal Amount | Fair Value | ||||||||
| NON-AGENCY COMMERCIAL MORTGAGE-BACKED SECURITIES (continued) | ||||||||||||
| Federal Home Loan Mortgage Corp. STACR REMICS Trust Series 2023-HQA1 Class M1A† | 5.643% (30 day USD SOFR Average + 2.00%) | # | 5/25/2043 | $ | 6,112,693 | $ | 6,136,405 | |||||
| Federal Home Loan Mortgage Corp. STACR REMICS Trust Series 2023-HQA3 Class A1† | 5.493% (30 day USD SOFR Average + 1.85%) | # | 11/25/2043 | 3,489,108 | 3,500,495 | |||||||
| Federal Home Loan Mortgage Corp. STACR REMICS Trust Series 2024-DNA1 Class A1† | 4.993% (30 day USD SOFR Average + 1.35%) | # | 2/25/2044 | 11,233,789 | 11,247,299 | |||||||
| Federal Home Loan Mortgage Corp. STACR REMICS Trust Series 2024-DNA2 Class A1† | 4.893% (30 day USD SOFR Average + 1.25%) | # | 5/25/2044 | 28,197,313 | 28,299,822 | |||||||
| Federal Home Loan Mortgage Corp. STACR REMICS Trust Series 2024-DNA3 Class A1† | 4.693% (30 day USD SOFR Average + 1.05%) | # | 10/25/2044 | 12,782,000 | 12,771,194 | |||||||
| Federal Home Loan Mortgage Corp. STACR REMICS Trust Series 2024-HQA1 Class A1† | 4.893% (30 day USD SOFR Average + 1.25%) | # | 3/25/2044 | 27,650,203 | 27,675,260 | |||||||
| Federal Home Loan Mortgage Corp. STACR REMICS Trust Series 2024-HQA1 Class M1† | 4.893% (30 day USD SOFR Average + 1.25%) | # | 3/25/2044 | 8,832,586 | 8,833,883 | |||||||
| Federal Home Loan Mortgage Corp. STACR REMICS Trust Series 2024-HQA2 Class A1† | 4.893% (30 day USD SOFR Average + 1.25%) | # | 8/25/2044 | 12,433,981 | 12,439,348 | |||||||
| Federal National Mortgage Association Connecticut Avenue Securities Trust Series 2023-R04 Class 1M1† | 5.943% (30 day USD SOFR Average + 2.30%) | # | 5/25/2043 | 7,358,222 | 7,452,774 | |||||||
| Federal National Mortgage Association Connecticut Avenue Securities Trust Series 2024-R03 Class 2M1† | 4.793% (30 day USD SOFR Average + 1.15%) | # | 3/25/2044 | 2,249,105 | 2,249,264 | |||||||
| Federal National Mortgage Association Connecticut Avenue Securities Trust Series 2024-R06 Class 1A1† | 4.793% (30 day USD SOFR Average + 1.15%) | # | 9/25/2044 | 22,971,014 | 22,972,617 | |||||||
| See Notes to Schedule of Investments. | 269 |
Schedule of Investments (unaudited)(continued)
SHORT DURATION INCOME FUND August 31, 2026
| Investments | Interest Rate | Maturity Date | Principal Amount | Fair Value | ||||||||
| NON-AGENCY COMMERCIAL MORTGAGE-BACKED SECURITIES (continued) | ||||||||||||
| Federal National Mortgage Association Connecticut Avenue Securities Trust Series 2025-R01 Class 1A1† | 4.593% (30 day USD SOFR Average + 0.95%) | # | 1/25/2045 | $ | 6,907,558 | $ | 6,897,220 | |||||
| Federal National Mortgage Association Connecticut Avenue Securities Trust Series 2025-R01 Class 1M1† | 4.743% (30 day USD SOFR Average + 1.10%) | # | 1/25/2045 | 8,792,728 | 8,792,380 | |||||||
| Federal National Mortgage Association Connecticut Avenue Securities Trust Series 2025-R02 Class 1A1† | 4.643% (30 day USD SOFR Average + 1.00%) | # | 2/25/2045 | 16,517,850 | 16,522,561 | |||||||
| Federal National Mortgage Association Connecticut Avenue Securities Trust Series 2025-R06 Class 1A1† | 4.543% (30 day USD SOFR Average + 0.90%) | # | 9/25/2045 | 4,800,058 | 4,796,134 | |||||||
| GS Mortgage Securities Trust Series 2012-GCJ9 Class XB†(k) | Zero Coupon | #(l) | 11/10/2045 | 19,228,379 | 192 | |||||||
| GS Mortgage Securities Trust Series 2016-GS2 Class A4 | 3.05% | 5/10/2049 | 1,380,008 | 1,378,118 | ||||||||
| GS Mortgage Securities Trust Series 2016-GS2 Class XA(k) | 1.469% | #(l) | 5/10/2049 | 21,217,826 | 212 | |||||||
| GS Mortgage Securities Trust Series 2017-GS5 Class A3 | 3.409% | 3/10/2050 | 1,697,588 | 1,687,898 | ||||||||
| GS Mortgage Securities Trust Series 2017-GS8 Class A3 | 3.205% | 11/10/2050 | 21,635,000 | 21,407,080 | ||||||||
| GS Mortgage Securities Trust Series 2018-GS9 Class A4 | 3.992% | #(l) | 3/10/2051 | 26,083,452 | 25,766,820 | |||||||
| GS Mortgage Securities Trust Series 2019-GC42 Class A4 | 3.001% | 9/10/2052 | 32,957,000 | 30,948,828 | ||||||||
| GS Mortgage Securities Trust Series 2019-GSA1 Class A4 | 3.048% | 11/10/2052 | 32,382,000 | 30,473,298 | ||||||||
| GS Mortgage Securities Trust Series 2020-GC45 Class A2 | 2.898% | 2/13/2053 | 6,001,691 | 5,827,598 | ||||||||
| Hudson Yards Mortgage Trust Series 2025-SPRL Class A† | 5.649% | #(l) | 1/13/2040 | 46,160,000 | 46,574,886 | |||||||
| Hudsons Bay Simon JV Trust Series 2015-HB10 Class XA10†(k) | 1.474% | #(l) | 8/5/2034 | 29,502,716 | 5,054 | |||||||
| JP Morgan Chase Commercial Mortgage Securities Trust Series 2014-DSTY Class A† | 3.429% | 6/10/2027 | 163,798,100 | 30,956,121 | ||||||||
| JP Morgan Chase Commercial Mortgage Securities Trust Series 2014-DSTY Class B† | 3.771% | 6/10/2027 | 20,772,000 | 763,153 | ||||||||
| JP Morgan Chase Commercial Mortgage Securities Trust Series 2014-DSTY Class C† | 3.931% | #(l) | 6/10/2027 | 14,352,000 | 188,219 | |||||||
| 270 | See Notes to Schedule of Investments. |
Schedule of Investments (unaudited)(continued)
SHORT DURATION INCOME FUND August 31, 2026
| Investments | Interest Rate | Maturity Date | Principal Amount | Fair Value | ||||||||
| NON-AGENCY COMMERCIAL MORTGAGE-BACKED SECURITIES (continued) | ||||||||||||
| JP Morgan Chase Commercial Mortgage Securities Trust Series 2014-DSTY Class D† | 3.931% | #(l) | 6/10/2027 | $ | 25,795,381 | $ | 193,336 | |||||
| JP Morgan Chase Commercial Mortgage Securities Trust Series 2014-DSTY Class XA†(k) | 0.503% | #(l) | 6/10/2027 | 102,274,000 | 51,137 | |||||||
| JP Morgan Chase Commercial Mortgage Securities Trust Series 2014-DSTY Class XB†(k) | 0.16% | #(l) | 6/10/2027 | 45,476,000 | 45 | |||||||
| JP Morgan Chase Commercial Mortgage Securities Trust Series 2016-JP4 Class XA(k) | 0.772% | #(l) | 12/15/2049 | 85,065,644 | 851 | |||||||
| JP Morgan Chase Commercial Mortgage Securities Trust Series 2017-JP7 Class XA(k) | 1.146% | #(l) | 9/15/2050 | 185,291,612 | 787,063 | |||||||
| JP Morgan Chase Commercial Mortgage Securities Trust Series 2018-WPT Class XAFX†(k) | 1.295% | #(l) | 7/5/2033 | 155,900,000 | 1,793,304 | |||||||
| JP Morgan Mortgage Trust Series 2025-NQM5 Class A1FC† | 4.787% | (a) | 5/25/2066 | 46,735,844 | 46,239,668 | |||||||
| JP Morgan Mortgage Trust Series 2026-NQM1 Class A1FC† | 4.601% | (a) | 6/25/2066 | 46,856,604 | 46,244,375 | |||||||
| JPMBB Commercial Mortgage Securities Trust Series 2014-C24 Class XA(k) | 0.846% | #(l) | 11/15/2047 | 11,811,946 | 118 | |||||||
| JPMBB Commercial Mortgage Securities Trust Series 2014-C25 Class XA(k) | 0.533% | #(l) | 11/15/2047 | 23,488,307 | 87,480 | |||||||
| JPMBB Commercial Mortgage Securities Trust Series 2015-C30 Class XA(k) | 0.014% | #(l) | 7/15/2048 | 10,422,822 | 104 | |||||||
| Key Commercial Mortgage Securities Trust Series 2019-S2 Class X†(k) | 1.52% | #(l) | 6/15/2052 | 82,288,268 | 2,275,619 | |||||||
| KIND Commercial Mortgage Trust Series 2024-1 Class A† | 5.529% (1 mo. USD Term SOFR + 1.89%) | # | 8/15/2041 | 34,670,000 | 34,736,130 | |||||||
| LBA Trust Series 2024-7IND Class A† | 5.082% (1 mo. USD Term SOFR + 1.44%) | # | 10/15/2041 | 21,092,706 | 21,140,038 | |||||||
| LoanCore Issuer Ltd. Series 2025-CRE8 Class A† | 5.024% (1 mo. USD Term SOFR + 1.39%) | # | 8/17/2042 | 48,000,000 | 48,045,480 | |||||||
| Morgan Stanley BAML Trust Series 2025-5C1 Class A3 | 5.635% | 3/15/2058 | 63,980,000 | 64,934,146 | ||||||||
| Morgan Stanley Bank of America Merrill Lynch Trust Series 2013-C9 Class XB†(k) | 0.13% | #(l) | 5/15/2046 | 53,680,894 | 3,247 | |||||||
| Morgan Stanley Bank of America Merrill Lynch Trust Series 2016-C31 Class XA(k) | 1.268% | #(l) | 11/15/2049 | 75,936,464 | 759 | |||||||
| Morgan Stanley Bank of America Merrill Lynch Trust Series 2016-C32 Class A3 | 3.459% | 12/15/2049 | 2,405,993 | 2,399,153 | ||||||||
| See Notes to Schedule of Investments. | 271 |
Schedule of Investments (unaudited)(continued)
SHORT DURATION INCOME FUND August 31, 2026
| Investments | Interest Rate | Maturity Date | Principal Amount | Fair Value | ||||||||
| NON-AGENCY COMMERCIAL MORTGAGE-BACKED SECURITIES (continued) | ||||||||||||
| Morgan Stanley Capital I Trust Series 2019-L2 Class A4 | 4.071% | 3/15/2052 | $ | 12,535,000 | $ | 12,163,155 | ||||||
| Morgan Stanley Capital I Trust Series 2024-NSTB Class A† | 3.90% | #(l) | 9/24/2057 | 68,288,858 | 67,064,309 | |||||||
| Morgan Stanley Residential Mortgage Loan Trust Series 2026-DSC1 Class A1FC† | 4.617% | (a) | 1/25/2071 | 37,562,479 | 37,095,146 | |||||||
| Morgan Stanley Residential Mortgage Loan Trust Series 2026-NQM3 Class A1FC† | 5.134% | (a) | 3/25/2071 | 10,012,867 | 9,921,543 | |||||||
| NYMT Loan Trust Series 2026-INV1 Class A1FC† | 4.614% | (a) | 2/25/2061 | 18,716,887 | 18,503,896 | |||||||
| OBX Trust Series 2025-NQM17 Class A1FC† | 4.848% | (a) | 8/25/2065 | 11,649,338 | 11,551,117 | |||||||
| OBX Trust Series 2025-NQM21 Class A1FC† | 4.917% | (a) | 10/25/2065 | 49,536,839 | 49,107,003 | |||||||
| OBX Trust Series 2026-NQM6 Class A1FC† | 5.063% | (a) | 4/26/2066 | 79,255,571 | 78,662,692 | |||||||
| OBX Trust Series 2026-NQM7 Class A1FC† | 5.22% | (a) | 4/25/2066 | 14,500,681 | 14,416,880 | |||||||
| PSA Trust Series 2026-STOR Class A† | 5.554% | #(l) | 8/15/2031 | 32,150,000 | 32,216,255 | |||||||
| ReadyCap Commercial Mortgage Trust Series 2019-6 Class A† | 2.833% | 10/25/2052 | 939,221 | 937,721 | ||||||||
| ROCK Trust Series 2024-CNTR Class A† | 5.388% | 11/13/2041 | 48,040,000 | 48,235,100 | ||||||||
| SCG Trust Series 2025-SNIP Class A† | 5.139% (1 mo. USD Term SOFR + 1.50%) | # | 9/15/2042 | 50,050,000 | 50,313,824 | |||||||
| SG Residential Mortgage Trust Series 2026-3 Class A1FC† | 5.078% | (a) | 4/25/2066 | 20,631,226 | 20,451,344 | |||||||
| SHOW Trust Series 2022-BIZ Class A† | 6.631% (1 mo. USD Term SOFR + 2.98%) | # | 1/15/2027 | 186,000,000 | 65,100,000 | |||||||
| Starwood Mortgage Residential Trust Series 2020-1 Class A1† | 2.275% | #(l) | 2/25/2050 | 748,084 | 721,804 | |||||||
| SWCH Commercial Mortgage Trust Series 2025-DATA Class A† | 5.082% (1 mo. USD Term SOFR + 1.44%) | # | 2/15/2042 | 53,180,000 | 52,817,541 | |||||||
| UBS Commercial Mortgage Trust Series 2017-C1 Class A3 | 3.196% | 6/15/2050 | 2,728,038 | 2,713,145 | ||||||||
| UBS Commercial Mortgage Trust Series 2017-C5 Class A4 | 3.212% | 11/15/2050 | 4,702,484 | 4,633,818 | ||||||||
| UBS Commercial Mortgage Trust Series 2017-C6 Class A4 | 3.32% | 12/15/2050 | 4,549,865 | 4,495,359 | ||||||||
| UBS Commercial Mortgage Trust Series 2017-C6 Class XA(k) | 1.358% | #(l) | 12/15/2050 | 192,073,336 | 1,713,717 | |||||||
| UBS Commercial Mortgage Trust Series 2017-C7 Class A3 | 3.418% | 12/15/2050 | 3,595,228 | 3,545,456 | ||||||||
| UBS Commercial Mortgage Trust Series 2019-C18 Class A4 | 3.035% | 12/15/2052 | 4,580,000 | 4,265,054 | ||||||||
| Verus Securitization Trust Series 2025-12 Class A1FC† | 4.858% | (a) | 12/25/2070 | 16,976,699 | 16,825,944 | |||||||
| 272 | See Notes to Schedule of Investments. |
Schedule of Investments (unaudited)(continued)
SHORT DURATION INCOME FUND August 31, 2026
| Investments | Interest Rate | Maturity Date | Principal Amount | Fair Value | ||||||||
| NON-AGENCY COMMERCIAL MORTGAGE-BACKED SECURITIES (continued) | ||||||||||||
| Verus Securitization Trust Series 2026-1 Class A1FC† | 4.743% | (a) | 1/25/2071 | $ | 21,058,990 | $ | 20,833,206 | |||||
| Verus Securitization Trust Series 2026-2 Class A1FC† | 4.507% | (a) | 2/25/2071 | 34,183,409 | 33,639,749 | |||||||
| Verus Securitization Trust Series 2026-3 Class A1FC† | 4.927% | (a) | 3/25/2071 | 20,035,090 | 19,852,100 | |||||||
| Verus Securitization Trust Series 2026-4 Class A1FC† | 4.998% | (a) | 4/25/2071 | 31,824,204 | 31,552,288 | |||||||
| Verus Securitization Trust Series 2026-R3 Class A1FC† | 5.19% | (a) | 2/27/2068 | 9,886,208 | 9,836,098 | |||||||
| Wells Fargo Commercial Mortgage Trust Series 2017-C42 Class A3 | 3.33% | 12/15/2050 | 3,773,795 | 3,713,917 | ||||||||
| Wells Fargo Commercial Mortgage Trust Series 2019-C50 Class A4 | 3.466% | 5/15/2052 | 12,631,926 | 12,225,260 | ||||||||
| Wells Fargo Commercial Mortgage Trust Series 2019-C50 Class A5 | 3.729% | 5/15/2052 | 10,770,000 | 10,410,654 | ||||||||
| Wells Fargo Commercial Mortgage Trust Series 2024-5C1 Class A3 | 5.928% | 7/15/2057 | 76,860,000 | 78,306,129 | ||||||||
| Wells Fargo Commercial Mortgage Trust Series 2025-5C3 Class A3 | 6.096% | 1/15/2058 | 101,100,000 | 103,879,077 | ||||||||
| Wells Fargo Commercial Mortgage Trust Series 2025-5C4 Class A3 | 5.673% | 5/15/2058 | 56,430,000 | 57,373,058 | ||||||||
| WFRBS Commercial Mortgage Trust Series 2014-C21 Class XB(k) | 0.815% | #(l) | 8/15/2047 | 39,548,895 | 123,507 | |||||||
| WFRBS Commercial Mortgage Trust Series 2014-C22 Class XA(k) | 0.556% | #(l) | 9/15/2057 | 318,061 | 3 | |||||||
| WFRBS Commercial Mortgage Trust Series 2014-C22 Class XB(k) | 0.50% | #(l) | 9/15/2057 | 37,769,102 | 102,823 | |||||||
| Total Non-Agency Commercial Mortgage-Backed Securities (cost $4,214,018,814) | 3,870,179,961 | |||||||||||
| U.S. TREASURY OBLIGATIONS 3.04% | ||||||||||||
| U.S. Treasury Notes | 3.50% | 12/15/2028 | 428,431,000 | 420,397,919 | ||||||||
| U.S. Treasury Notes | 4.125% | 6/30/2028 | 901,506,000 | 898,213,393 | ||||||||
| Total U.S. Treasury Obligations (cost $1,329,978,057) | 1,318,611,312 | |||||||||||
| Total Long-Term Investments (cost $44,652,671,559) | 44,176,597,794 | |||||||||||
| SHORT-TERM INVESTMENTS 1.45% | ||||||||||||
| U.S. TREASURY OBLIGATIONS 0.35% | ||||||||||||
| U.S. Treasury Bills (Cost $153,772,380) | Zero Coupon | 10/20/2026 | 154,556,000 | 153,774,220 | ||||||||
| See Notes to Schedule of Investments. | 273 |
Schedule of Investments (unaudited)(continued)
SHORT DURATION INCOME FUND August 31, 2026
| Investments | Principal Amount | Fair Value | ||||||
| REPURCHASE AGREEMENTS 0.90% | ||||||||
| Repurchase Agreement dated 8/31/2026, 3.580% due 9/1/2026 with Barclays Capital, Inc. collateralized by $455,699,900 of U.S. Treasury Bond at 3.875% due 5/15/2043; value: $393,506,122; proceeds: $385,674,349 (cost $385,636,000) | $ | 385,636,000 | $ | 385,636,000 | ||||
| Repurchase Agreement dated 8/31/2026, 3.250% due 9/1/2026 with Fixed Income Clearing Corp. collateralized by $4,590,800 of U.S. Treasury Inflation Indexed Note at 0.125% due 4/15/2027; value: $5,346,193; proceeds: $5,241,644 (cost $5,241,171) | 5,241,171 | 5,241,171 | ||||||
| Total Repurchase Agreements (cost $390,877,171) | 390,877,171 | |||||||
| TIME DEPOSITS 0.02% | ||||||||
| CitiBank N.A.(n) (cost $8,410,875) | 8,410,875 | 8,410,875 | ||||||
| Shares | ||||||||
| MONEY MARKET FUNDS 0.18% | ||||||||
| Fidelity Government Portfolio(n) (cost $75,697,875) | 75,697,875 | 75,697,875 | ||||||
| Total Short-Term Investments (cost $628,758,301) | 628,760,141 | |||||||
| Total Investments in Securities 103.11% (cost $45,281,429,860) | 44,805,357,935 | |||||||
| Less Unfunded Loan Commitments (0.00%) (cost $266,895) | (266,596 | ) | ||||||
| Net Investments in Securities 103.11% (cost $45,281,162,965) | 44,805,091,339 | |||||||
| Other Assets and Liabilities – Net (3.11)% | (1,352,054,773 | ) | ||||||
| Net Assets 100.00% | $ | 43,453,036,566 | ||||||
| CMT | Constant Maturity Rate. | |
| ICE | Intercontinental Exchange. | |
| IO | Interest Only. | |
| LIBOR | London Interbank Offered Rate. | |
| REITS | Real Estate Investment Trusts. | |
| REMICS | Real Estate Mortgage Investment Conduits. | |
| SOFR | Secured Overnight Financing Rate. | |
| STACR | Structured Agency Credit Risk. |
| † | Security was purchased pursuant to Rule 144A under the Securities Act of 1933 and, unless registered under such Act or exempted from registration, may only be resold to qualified institutional buyers. At August 31, 2026, the total value of Rule 144A securities was $24,510,919,771, which represents 56.41% of net assets. | |
| # | Variable rate security. The interest rate represents the rate in effect at August 31, 2026. | |
| (a) | Step Bond – Security with a predetermined schedule of interest rate changes. | |
| (b) | Level 3 Investment as described in Note 2(a) in the Notes to Schedule of Investments. Security fair valued by the Pricing Committee. | |
| (c) | Securities purchased on a when-issued basis. | |
| (d) | Variable Rate is Fixed to Float: Rate remains fixed or at Zero Coupon until designated future date. | |
| (e) | Interest rate to be determined. |
| 274 | See Notes to Schedule of Investments. |
Schedule of Investments (unaudited)(continued)
SHORT DURATION INCOME FUND August 31, 2026
| (f) | Foreign security traded in U.S. dollars. | |
| (g) | All or a portion of this security is temporarily on loan to unaffiliated broker/dealers. | |
| (h) | Defaulted. | |
| (i) | Floating Rate Loans in which the Fund invests generally pay interest at rates which are periodically re-determined at a margin above the SOFR or the prime rate offered by major U.S. banks. The rate(s) shown is the rate(s) in effect at August 31, 2026. | |
| (j) | Security partially/fully unfunded. | |
| (k) | Interest-only security. The principal amount shown is a notional amount representing the outstanding principal of the underlying debt obligation(s). Holders of interest-only securities do not receive principal payments on the underlying debt obligation(s). | |
| (l) | Interest rate is based on the weighted average interest rates of the underlying mortgages within the mortgage pool. | |
| (m) | To-be-announced (“TBA”). Security purchased on a forward commitment basis with an approximate principal and maturity date. Actual principal and maturity will be determined upon settlement when the specific mortgage pools are assigned. | |
| (n) | Security was purchased with the cash collateral from loaned securities. |
Centrally Cleared Credit Default Swap Contracts on Indexes/Issuers - Sell Protection at August 31, 2026(1):
| Referenced Indexes/Issuers | Fund Receives (Quarterly) | Termination Date | Notional Amount | Upfront Payments Paid/ (Received) Net of Amortization | Unrealized Appreciation/ (Depreciation)(2) | Value | ||||||||||||||||
| CDX.NA.HY.S41 | 5.00% | 12/20/2028 | $ | 100,860,600 | $ 5,932,120 | $ | 275,427 | $ | 6,207,547 | |||||||||||||
| CDX.NA.IG.S41 | 1.00% | 12/20/2028 | 216,728,000 | 926,817 | 2,661,366 | 3,588,183 | ||||||||||||||||
| CDX.NA.IG.S42 | 1.00% | 6/20/2029 | 461,620,000 | 7,167,508 | 1,271,566 | 8,439,074 | ||||||||||||||||
| CDX.NA.IG.S43 | 1.00% | 12/20/2029 | 633,895,000 | 9,773,097 | 2,581,288 | 12,354,385 | ||||||||||||||||
| Oracle Corp. | 1.00% | 12/20/2027 | 94,275,000 | 473,853 | (304,621 | ) | 169,232 | |||||||||||||||
| Total | $24,273,395 | $ | 6,485,026 | $ | 30,758,421 | |||||||||||||||||
| Referenced Indexes/Issuers | Fund Receives (Quarterly) | Termination Date | Notional Amount | Upfront Payments Paid/ (Received) Net of Amortization | Unrealized Appreciation/ (Depreciation)(2) | Value | ||||||||||||||||
| Oracle Corp. | 1.00% | 12/20/2030 | $ | 22,303,000 | $ (331,885 | ) | $ | (385,942 | ) | $ | (717,827 | ) | ||||||||||
| (1) | If the Fund is a seller of protection and a credit event occurs, as defined under the terms of that particular swap contracts agreement, the Fund will either (i) pay to the buyer of protection an amount equal to the notional amount of the swap contracts and take delivery of the referenced obligation or underlying securities comprising the referenced index or (ii) pay a net settlement amount in the form of cash or securities equal to the notional amount of the swap contracts less the recovery value of the referenced obligation or underlying securities. | |
| (2) | Total unrealized appreciation on Centrally Cleared Credit Default Swap Contracts on Indexes/Issuers amounted to $6,789,647. Total unrealized depreciation on Centrally Cleared Credit Default Swap Contracts on Indexes/Issuers amounted to $690,563. |
| See Notes to Schedule of Investments. | 275 |
Schedule of Investments (unaudited)(continued)
SHORT DURATION INCOME FUND August 31, 2026
Centrally Cleared Interest Rate Swap Contracts at August 31, 2026:
| Periodic Payments to be Made By The Fund (Quarterly) | Periodic Payments to be Received By The Fund (Quarterly) | Termination Date | Notional Amount | Upfront Payments Paid/ (Received) Net of Amortization | Unrealized Appreciation/ (Depreciation) | Value | |||||||||||||||
| 12-Month USD SOFR Index | 4.104% | 8/25/2029 | $ | 1,543,900,000 | $ | – | $ | (4,771,192 | ) | $ | (4,771,192 | ) | |||||||||
| 12-Month USD SOFR Index | 4.094% | 6/30/2028 | 2,606,500,000 | – | (5,292,133 | ) | (5,292,133 | ) | |||||||||||||
| Total | $ | – | $ | (10,063,325 | ) | $ | (10,063,325 | ) | |||||||||||||
| SOFR | Secured Overnight Financing Rate. |
Centrally Cleared Consumer Price Index (“CPI”) Swap Contracts at August 31, 2026:
| Payments to be Made By The Fund at Termination Date | Payments to be Received By The Fund at Termination Date | Termination Date | Notional Amount | Value/ Unrealized Depreciation | ||||||||
| 2.135% | CPI Urban Consumer NSA | 6/30/2027 | $ | 436,500,000 | $(176,097 | ) | ||||||
| 1.950% | CPI Urban Consumer NSA | 7/16/2027 | 109,000,000 | (46,684 | ) | |||||||
| Total | $(222,781 | ) | ||||||||||
| CPI | Consumer Price Index: Rate fluctuates based on CPI. | |
| NSA | Non-seasonally adjusted. |
Credit Default Swap Contracts on Indexes/Issuers - Sell Protection at August 31, 2026(1):
| Referenced Indexes/ Issuers* | Swap Counterparty | Fund Receives (Quarterly) | Termination Date | Notional Amount | Upfront Payments Paid/ (Received) Net of Amortization | Unrealized Appreciation/ (Depreciation)(2) | Credit Default Swap Agreements Payable at Fair Value | |||||||||||||||
| Markit CMBX.NA.AA.6 | Citibank | 1.500% | 5/11/2063 | $ | 1,947,382 | $ | (17,019 | ) | $ | (210,070 | ) | $ | (227,089 | ) | ||||||||
| Markit CMBX.NA.AA.6 | Citibank | 1.500% | 5/11/2063 | 973,691 | (13,892 | ) | (99,652 | ) | (113,544 | ) | ||||||||||||
| Markit CMBX.NA.AA.6 | Citibank | 1.500% | 5/11/2063 | 486,845 | (5,064 | ) | (51,708 | ) | (56,772 | ) | ||||||||||||
| Markit CMBX.NA.AA.6 | Citibank | 1.500% | 5/11/2063 | 973,691 | (16,306 | ) | (97,238 | ) | (113,544 | ) | ||||||||||||
| Markit CMBX.NA.AA.6 | Citibank | 1.500% | 5/11/2063 | 486,845 | (6,668 | ) | (50,104 | ) | (56,772 | ) | ||||||||||||
| Markit CMBX.NA.AA.6 | Citibank | 1.500% | 5/11/2063 | 973,691 | (9,853 | ) | (103,692 | ) | (113,545 | ) | ||||||||||||
| 276 | See Notes to Schedule of Investments. |
Schedule of Investments (unaudited)(continued)
SHORT DURATION INCOME FUND August 31, 2026
| Referenced Indexes/ Issuers* | Swap Counterparty | Fund Receives (Quarterly) | Termination Date | Notional Amount | Upfront Payments Paid/ (Received) Net of Amortization | Unrealized Appreciation/ (Depreciation)(2) | Credit Default Swap Agreements Payable at Fair Value | |||||||||||||||
| Markit CMBX.NA.AA.6 | Citibank | 1.500% | 5/11/2063 | $ | 973,691 | $ | (10,128 | ) | $ | (103,416 | ) | $ | (113,544 | ) | ||||||||
| Markit CMBX.NA.AA.6 | Morgan Stanley | 1.500% | 5/11/2063 | 2,921,072 | (22,339 | ) | (318,295 | ) | (340,634 | ) | ||||||||||||
| Markit CMBX.NA.AA.7 | Credit Suisse International | 1.500% | 1/17/2047 | 3,985,965 | (50,124 | ) | (224,235 | ) | (274,359 | ) | ||||||||||||
| Markit CMBX.NA.AA.7 | Credit Suisse International | 1.500% | 1/17/2047 | 2,847,118 | (41,289 | ) | (154,682 | ) | (195,971 | ) | ||||||||||||
| Markit CMBX.NA.AA.7 | Credit Suisse International | 1.500% | 1/17/2047 | 2,277,695 | (29,181 | ) | (127,596 | ) | (156,777 | ) | ||||||||||||
| Total | $ | (221,863 | ) | $ | (1,540,688 | ) | $ | (1,762,551 | ) | |||||||||||||
| * | The Referenced Index is for the Credit Default Swap Contracts on Indexes, which is comprised of a basket of commercial mortgage-backed securities. | |
| (1) | If the Fund is a seller of protection and a credit event occurs, as defined under the terms of that particular swap contracts agreement, the Fund will either (i) pay to the buyer of protection an amount equal to the notional amount of the swap contracts and take delivery of the referenced obligation or underlying securities comprising the referenced index or (ii) pay a net settlement amount in the form of cash or securities equal to the notional amount of the swap contracts less the recovery value of the referenced obligation or underlying securities. | |
| (2) | Total unrealized appreciation on Credit Default Swap Contracts on Indexes/Issuers amounted to $0. Total unrealized depreciation on Credit Default Swap Contracts on Indexes/Issuers amounted to $1,540,688. |
Futures Contracts at August 31, 2026:
| Type | Expiration | Contracts | Position | Notional Amount | Notional Value | Unrealized Appreciation | ||||||||||||
| U.S. 5-Year Treasury Note | December 2026 | 40,814 | Short | $ | (4,333,721,433 | ) | $ | (4,314,167,344 | ) | $ | 19,554,089 | |||||||
| Type | Expiration | Contracts | Position | Notional Amount | Notional Value | Unrealized Depreciation | ||||||||||||
| U.S. 2-Year Treasury Note | December 2026 | 66,804 | Long | $ | 13,741,860,435 | $ | 13,710,477,254 | $ | (31,383,181 | ) | ||||||||
| See Notes to Schedule of Investments. | 277 |
Schedule of Investments (unaudited)(continued)
SHORT DURATION INCOME FUND August 31, 2026
The following is a summary of the inputs used as of August 31, 2026 in valuing the Fund’s investments carried at fair value(1):
| Investment Type(2) | Level 1 | Level 2 | Level 3 | Total | ||||||||||||
| Long-Term Investments | ||||||||||||||||
| Asset-Backed Securities | ||||||||||||||||
| Credit Card | $ | – | $ | 367,008,834 | $ | 92,282,980 | $ | 459,291,814 | ||||||||
| Remaining Industries | – | 10,149,262,773 | – | 10,149,262,773 | ||||||||||||
| Convertible Bonds | – | 21,892,920 | – | 21,892,920 | ||||||||||||
| Corporate Bonds | – | 22,340,485,068 | – | 22,340,485,068 | ||||||||||||
| Floating Rate Loans | – | 2,584,940,756 | – | 2,584,940,756 | ||||||||||||
| Less Unfunded Loan Commitments | – | (266,596 | ) | – | (266,596 | ) | ||||||||||
| Foreign Government Obligations | – | 1,017,594,902 | – | 1,017,594,902 | ||||||||||||
| Government Sponsored Enterprises Collateralized Mortgage Obligations | – | 1,031,166 | – | 1,031,166 | ||||||||||||
| Government Sponsored Enterprises Pass-Throughs | – | 2,413,307,122 | – | 2,413,307,122 | ||||||||||||
| Non-Agency Commercial Mortgage-Backed Securities | – | 3,870,179,961 | – | 3,870,179,961 | ||||||||||||
| U.S. Treasury Obligations | – | 1,318,611,312 | – | 1,318,611,312 | ||||||||||||
| Short-Term Investments | ||||||||||||||||
| U.S. Treasury Obligations | – | 153,774,220 | – | 153,774,220 | ||||||||||||
| Repurchase Agreements | – | 390,877,171 | – | 390,877,171 | ||||||||||||
| Time Deposits | – | 8,410,875 | – | 8,410,875 | ||||||||||||
| Money Market Funds | 75,697,875 | – | – | 75,697,875 | ||||||||||||
| Total | $ | 75,697,875 | $ | 44,637,110,484 | $ | 92,282,980 | $ | 44,805,091,339 | ||||||||
| Other Financial Instruments | ||||||||||||||||
| Centrally Cleared Credit Default Swap Contracts | ||||||||||||||||
| Assets | $ | – | $ | 30,758,421 | $ | – | $ | 30,758,421 | ||||||||
| Liabilities | – | (717,827 | ) | – | (717,827 | ) | ||||||||||
| Centrally Cleared Interest Rate Swap Contracts | ||||||||||||||||
| Assets | – | – | – | – | ||||||||||||
| Liabilities | – | (10,063,325 | ) | – | (10,063,325 | ) | ||||||||||
| Centrally Cleared CPI Swap Contracts | ||||||||||||||||
| Assets | – | – | – | – | ||||||||||||
| Liabilities | – | (222,781 | ) | – | (222,781 | ) | ||||||||||
| Credit Default Swap Contracts | ||||||||||||||||
| Assets | – | – | – | – | ||||||||||||
| Liabilities | – | (1,762,551 | ) | – | (1,762,551 | ) | ||||||||||
| Futures Contracts | ||||||||||||||||
| Assets | 19,554,089 | – | – | 19,554,089 | ||||||||||||
| Liabilities | (31,383,181 | ) | – | – | (31,383,181 | ) | ||||||||||
| Total | $ | (11,829,092 | ) | $ | 17,991,937 | $ | – | $ | 6,162,845 | |||||||
| 278 | See Notes to Schedule of Investments. |
Schedule of Investments (unaudited)(concluded)
SHORT DURATION INCOME FUND August 31, 2026
| (1) | Refer to Note 2(a) for a description of fair value measurements and the three-tier hierarchy of inputs. | |
| (2) | See Schedule of Investments for fair values in each industry and identification of foreign issuers and/or geography. The table above is presented by Investment Type. When applicable, each Level 3 security is identified on the Schedule of Investments along with the valuation technique utilized. |
A reconciliation of Level 3 investments is presented when the Fund has a material amount of Level 3 investments at the beginning or end of the period in relation to the Fund’s net assets. Management has determined not to provide a reconciliation and a summary of unobservable inputs as the balance of Level 3 investments was not considered to be material to the Fund’s net assets at the beginning or end of the period.
| See Notes to Schedule of Investments. | 279 |
Schedule of Investments (unaudited)
TOTAL RETURN FUND August 31, 2026
| Investments | Interest Rate | Maturity Date | Principal Amount‡ |
Fair Value | ||||||||
| LONG-TERM INVESTMENTS 115.62% | ||||||||||||
| ASSET-BACKED SECURITIES 16.37% | ||||||||||||
| Automobiles 7.44% | ||||||||||||
| AmeriCredit Automobile Receivables Trust Series 2022-2 Class C | 5.32% | 4/18/2028 | $ | 1,826,462 | $ | 1,830,083 | ||||||
| Bank of America Auto Trust Series 2024-1A Class A3† | 5.35% | 11/15/2028 | 3,231,838 | 3,245,721 | ||||||||
| Bridgecrest Lending Auto Securitization Trust Series 2025-2 Class A3 | 4.78% | 12/15/2028 | 2,190,604 | 2,193,054 | ||||||||
| CarMax Auto Owner Trust Series 2023-2 Class A4 | 5.01% | 11/15/2028 | 900,000 | 903,077 | ||||||||
| CarMax Select Receivables Trust Series 2024-A Class A3 | 5.40% | 11/15/2028 | 4,254,633 | 4,270,592 | ||||||||
| CarMax Select Receivables Trust Series 2026-B Class B | 4.88% | 10/15/2032 | 4,920,000 | 4,917,869 | ||||||||
| Carvana Auto Receivables Trust Series 2026-P3 Class A4 | 5.00% | 8/10/2032 | 12,030,000 | 12,010,699 | ||||||||
| Citizens Auto Receivables Trust Series 2023-2 Class A3† | 5.83% | 2/15/2028 | 1,646,754 | 1,649,064 | ||||||||
| Citizens Auto Receivables Trust Series 2024-2 Class A4† | 5.26% | 4/15/2031 | 8,970,000 | 9,034,772 | ||||||||
| CPS Auto Receivables Trust Series 2022-B Class E† | 7.14% | 10/15/2029 | 5,592,747 | 5,619,600 | ||||||||
| CPS Auto Receivables Trust Series 2026-B Class B† | 4.59% | 12/16/2030 | 6,000,000 | 5,973,281 | ||||||||
| CPS Auto Receivables Trust Series 2026-B Class C† | 4.93% | 7/15/2032 | 4,510,000 | 4,486,419 | ||||||||
| CPS Auto Receivables Trust Series 2026-C Class B† | 4.84% | 2/18/2031 | 5,800,000 | 5,794,825 | ||||||||
| Drive Auto Receivables Trust Series 2025-2 Class A3 | 4.14% | 9/15/2032 | 6,400,000 | 6,393,673 | ||||||||
| Enterprise Fleet Financing LLC Series 2023-1 Class A3† | 5.42% | 10/22/2029 | 4,052,445 | 4,061,615 | ||||||||
| Enterprise Fleet Financing LLC Series 2024-1 Class A3† | 5.16% | 9/20/2030 | 3,580,000 | 3,602,644 | ||||||||
| Exeter Automobile Receivables Trust Series 2023-1A Class E† | 12.07% | 9/16/2030 | 4,450,000 | 4,826,988 | ||||||||
| Exeter Automobile Receivables Trust Series 2023-4A Class D | 6.95% | 12/17/2029 | 3,853,890 | 3,900,392 | ||||||||
| Exeter Automobile Receivables Trust Series 2024-2A Class C | 5.74% | 5/15/2029 | 3,908,763 | 3,922,806 | ||||||||
| Exeter Automobile Receivables Trust Series 2024-4A Class C | 5.48% | 8/15/2030 | 3,905,000 | 3,924,715 | ||||||||
| 280 | See Notes to Schedule of Investments. |
Schedule of Investments (unaudited)(continued)
TOTAL RETURN FUND August 31, 2026
| Investments | Interest Rate | Maturity Date | Principal Amount‡ | Fair Value | ||||||||
| Automobiles (continued) | ||||||||||||
| Exeter Automobile Receivables Trust Series 2024-5A Class C | 4.64% | 1/15/2030 | $ | 5,860,000 | $ | 5,862,398 | ||||||
| Exeter Automobile Receivables Trust Series 2025-3A Class B | 4.86% | 2/15/2030 | 4,270,000 | 4,280,567 | ||||||||
| Exeter Automobile Receivables Trust Series 2026-4A Class B | 4.87% | 6/16/2031 | 4,025,000 | 4,024,415 | ||||||||
| Ford Credit Auto Owner Trust Series 2023-2 Class A† | 5.28% | 2/15/2036 | 5,320,000 | 5,380,398 | ||||||||
| Ford Credit Auto Owner Trust Series 2023-C Class A4 | 5.49% | 5/15/2029 | 3,000,000 | 3,027,373 | ||||||||
| Ford Credit Auto Owner Trust Series 2026-2 Class A† | 4.86% | (a) | 2/15/2039 | 7,740,000 | 7,721,156 | |||||||
| Ford Credit Floorplan Master Owner Trust A Series 2024-1 Class A1† | 5.29% | 4/15/2029 | 18,100,000 | 18,204,448 | ||||||||
| GLS Auto Select Receivables Trust Series 2024-2A Class A2† | 5.58% | 6/17/2030 | 2,099,387 | 2,110,241 | ||||||||
| GM Financial Automobile Leasing Trust Series 2024-3 Class A3 | 4.21% | 10/20/2027 | 2,281,686 | 2,282,038 | ||||||||
| GM Financial Consumer Automobile Receivables Trust Series 2023-4 Class B | 6.16% | 4/16/2029 | 3,790,000 | 3,837,775 | ||||||||
| GM Financial Revolving Receivables Trust Series 2022-1 Class A† | 5.91% | 10/11/2035 | 7,790,000 | 7,917,384 | ||||||||
| Hertz Vehicle Financing III LP Series 2021-2A Class A† | 1.68% | 12/27/2027 | 4,044,000 | 4,022,646 | ||||||||
| Honda Auto Receivables Owner Trust Series 2024-1 Class A3 | 5.21% | 8/15/2028 | 4,758,522 | 4,777,880 | ||||||||
| Huntington Auto Trust Series 2024-1A Class A3† | 5.23% | 1/16/2029 | 4,166,398 | 4,184,419 | ||||||||
| Hyundai Auto Lease Securitization Trust Series 2025-B Class B† | 4.94% | 8/15/2029 | 4,175,000 | 4,189,083 | ||||||||
| LAD Select Auto Receivables Trust Series 2026-A Class B† | 5.00% | 11/15/2032 | 2,710,000 | 2,706,524 | ||||||||
| Nissan Auto Lease Trust Series 2025-A Class A3 | 4.75% | 3/15/2028 | 9,040,000 | 9,064,083 | ||||||||
| Nissan Auto Receivables Owner Trust Series 2023-B Class A3 | 5.93% | 3/15/2028 | 851,582 | 853,980 | ||||||||
| OneMain Direct Auto Receivables Trust Series 2023-1A Class A† | 5.41% | 11/14/2029 | 3,481,597 | 3,496,367 | ||||||||
| Santander Drive Auto Receivables Trust Series 2024-1 Class C | 5.45% | 3/15/2030 | 7,800,000 | 7,837,978 | ||||||||
| Santander Drive Auto Receivables Trust Series 2024-2 Class C | 5.84% | 6/17/2030 | 5,741,000 | 5,795,169 | ||||||||
| Santander Drive Auto Receivables Trust Series 2025-2 Class B | 4.87% | 5/15/2031 | 5,755,000 | 5,774,628 | ||||||||
| See Notes to Schedule of Investments. | 281 |
Schedule of Investments (unaudited)(continued)
TOTAL RETURN FUND August 31, 2026
| Investments | Interest Rate | Maturity Date | Principal Amount‡ | Fair Value | ||||||||
| Automobiles (continued) | ||||||||||||
| Santander Drive Auto Receivables Trust Series 2025-4 Class C | 4.52% | 1/15/2032 | $ | 11,795,000 | $ | 11,707,969 | ||||||
| Toyota Lease Owner Trust Series 2025-A Class A3† | 4.75% | 2/22/2028 | 3,982,018 | 3,989,952 | ||||||||
| Westlake Automobile Receivables Trust Series 2023-1A Class C† | 5.74% | 8/15/2028 | 85,634 | 85,678 | ||||||||
| Westlake Automobile Receivables Trust Series 2023-1A Class D† | 6.79% | 11/15/2028 | 2,860,000 | 2,881,886 | ||||||||
| Westlake Automobile Receivables Trust Series 2024-2A Class C† | 5.68% | 3/15/2030 | 8,735,000 | 8,791,177 | ||||||||
| Westlake Automobile Receivables Trust Series 2025-3A Class A3† | 4.22% | 6/15/2029 | 8,055,000 | 8,044,351 | ||||||||
| World Omni Auto Receivables Trust Series 2024-B Class A3 | 5.27% | 9/17/2029 | 8,047,680 | 8,085,462 | ||||||||
| World Omni Automobile Lease Securitization Trust Series 2025-A Class B | 4.68% | 5/15/2030 | 8,110,000 | 8,118,579 | ||||||||
| World Omni Select Auto Trust Series 2024-A Class A3 | 4.98% | 2/15/2030 | 2,586,384 | 2,591,073 | ||||||||
| World Omni Select Auto Trust Series 2025-A Class A2A | 4.14% | 5/15/2030 | 2,868,252 | 2,864,787 | ||||||||
| Total | 267,073,753 | |||||||||||
| Credit Card 0.85% | ||||||||||||
| First National Master Note Trust Series 2024-1 Class A | 5.34% | 5/15/2030 | 6,740,000 | 6,786,838 | ||||||||
| First National Master Note Trust Series 2025-1 Class A | 4.85% | 2/15/2030 | 4,770,000 | 4,787,405 | ||||||||
| Synchrony Card Issuance Trust Series 2026-A2 Class A | 4.69% | 7/15/2032 | 6,270,000 | 6,255,800 | ||||||||
| WF Card Issuance Trust Series 2024-A1 Class A | 4.94% | 2/15/2029 | 4,745,000 | 4,762,186 | ||||||||
| World Financial Network Credit Card Master Note Trust Series 2024-B Class A | 4.62% | 5/15/2031 | 7,895,000 | 7,902,567 | ||||||||
| Total | 30,494,796 | |||||||||||
| Other 8.08% | ||||||||||||
| ACREC LLC Series 2026-FL5 Class A† | 4.997% (1 mo. USD Term SOFR + 1.35%) | # | 7/18/2043 | 3,920,000 | 3,923,665 | |||||||
| Affirm Master Trust Series 2025-3A Class A† | 4.45% | 10/16/2034 | 5,670,000 | 5,622,755 | ||||||||
| Affirm Master Trust Series 2026-1A Class A† | 4.37% | 2/15/2034 | 6,275,000 | 6,234,182 | ||||||||
| AMMC CLO 23 Ltd. Series 2020-23A Class BR3† | 5.50% (3 mo. USD Term SOFR + 1.75%) | # | 7/17/2038 | 8,000,000 | 8,042,376 | |||||||
| 282 | See Notes to Schedule of Investments. |
Schedule of Investments (unaudited)(continued)
TOTAL RETURN FUND August 31, 2026
| Investments | Interest Rate | Maturity Date | Principal Amount‡ | Fair Value | ||||||||
| Other (continued) | ||||||||||||
| Arbor Realty Commercial Real Estate Notes LLC Series 2026-FL1 Class A† | 5.153% (1 mo. USD Term SOFR + 1.50%) | # | 9/20/2043 | $ | 3,970,000 | $ | 3,983,738 | |||||
| Arbor Realty Commercial Real Estate Notes LLC Series 2026-FL2 Class A† | 5.153% (1 mo. USD Term SOFR + 1.50%) | # | 4/20/2044 | 370,000 | 370,579 | |||||||
| ARES Loan Funding V Ltd. Series 2024-ALF5A Class A1R† | 5.03% (3 mo. USD Term SOFR + 1.22%) | # | 7/25/2037 | 9,050,000 | 9,057,439 | |||||||
| Avant Loans Funding Trust Series 2024-REV1 Class A† | 5.92% | 10/15/2033 | 7,100,000 | 7,108,687 | ||||||||
| Ballyrock CLO 22 Ltd. Series 2024-22A Class A2R† | 5.125% (3 mo. USD Term SOFR + 1.50%) | # | 7/15/2039 | 6,020,000 | 6,039,360 | |||||||
| Barings CLO Ltd. Series 2024-2AR Class A2R†(b) | – | (c) | 7/15/2037 | 3,310,000 | 3,310,828 | |||||||
| Barrow Hanley CLO III Ltd. Series 2024-3A Class AR† | 4.999% (3 mo. USD Term SOFR + 1.27%) | # | 4/20/2038 | 6,900,000 | 6,903,857 | |||||||
| BlueMountain CLO XXIX Ltd. Series 2020-29A Class BR2† | 5.36% (3 mo. USD Term SOFR + 1.55%) | # | 7/25/2034 | 8,500,000 | 8,508,730 | |||||||
| BSPDF Issuer LLC Series 2026-FL3 Class A† | 5.089% (1 mo. USD Term SOFR + 1.45%) | # | 9/18/2043 | 3,360,000 | 3,368,401 | |||||||
| BSPDF Issuer LLC Series 2026-FL4 Class A† | 5.089% (1 mo. USD Term SOFR + 1.45%) | # | 11/18/2043 | 5,560,000 | 5,571,398 | |||||||
| BSPDF Issuer LLC Series 2026-FL5 Class A† | 5.10% (1 mo. USD Term SOFR + 1.30%) | # | 2/18/2044 | 2,250,000 | 2,251,902 | |||||||
| BSPRT Issuer LLC Series 2025-FL12 Class A† | 5.025% (1 mo. USD Term SOFR + 1.39%) | # | 1/17/2043 | 3,900,000 | 3,909,875 | |||||||
| Cajun Global LLC Series 2025-2A Class A2† | 5.912% | 11/20/2055 | 3,050,000 | 3,032,460 | ||||||||
| Cherry Securitization Trust Series 2025-1A Class A† | 6.13% | 11/15/2032 | 5,285,000 | 5,319,986 | ||||||||
| DLLAD LLC Series 2023-1A Class A4† | 4.80% | 6/20/2030 | 10,535,000 | 10,559,885 | ||||||||
| Driven Brands Funding LLC Series 2025-1A Class A2† | 5.296% | 10/20/2055 | 3,076,750 | 2,981,246 | ||||||||
| FCR Issuer LLC Series 2026-FL1 Class A† | 5.244% (1 mo. USD Term SOFR + 1.50%) | # | 8/19/2043 | 4,000,000 | 4,003,395 | |||||||
| GreenSky Home Improvement Issuer Trust Series 2026-REV1 Class A† | 4.93% | 5/15/2041 | 7,805,000 | 7,781,761 | ||||||||
| Lending Funding Trust Series 2020-2A Class A† | 2.32% | 4/21/2031 | 3,047,998 | 3,024,846 | ||||||||
| Lendmark Funding Trust Series 2021-1A Class A† | 1.90% | 11/20/2031 | 5,467,384 | 5,395,792 | ||||||||
| MF1 LLC Series 2026-FL22 Class A† | 5.039% (1 mo. USD Term SOFR + 1.40%) | # | 11/18/2043 | 9,080,000 | 9,106,956 | |||||||
| See Notes to Schedule of Investments. | 283 |
Schedule of Investments (unaudited)(continued)
TOTAL RETURN FUND August 31, 2026
| Investments | Interest Rate | Maturity Date | Principal Amount‡ | Fair Value | ||||||||
| Other (continued) | ||||||||||||
| Mountain Point CLO 2 Ltd. Series 2026-2A Class A1†(b) | – | (c) | 10/23/2039 | $ | 11,240,000 | $ | 11,242,866 | |||||
| Neuberger Berman Loan Advisers CLO 34 Ltd. Series 2019-34A Class A1R2† | 5.029% (3 mo. USD Term SOFR + 1.30%) | # | 7/20/2039 | 8,390,000 | 8,410,438 | |||||||
| Neuberger Berman Loan Advisers CLO 54 Ltd. Series 2024-54A Class AR† | 4.952% (3 mo. USD Term SOFR + 1.20%) | # | 4/23/2038 | 9,000,000 | 9,031,617 | |||||||
| OCP CLO Ltd. Series 2024-33A Class A2R† | 5.097% (3 mo. USD Term SOFR + 1.40%) | # | 7/20/2039 | 5,340,000 | 5,342,296 | |||||||
| OHA Loan Funding Ltd. Series LF16-1A Class A2R3† | 5.124% (3 mo. USD Term SOFR + 1.41%) | # | 8/28/2039 | 3,370,000 | 3,370,859 | |||||||
| Orion CLO Ltd. Series 2026-7A Class A1† | 4.906% (3 mo. USD Term SOFR + 1.15%) | # | 4/20/2039 | 8,300,000 | 8,303,785 | |||||||
| Palmer Square CLO Ltd. Series 2026-3A Class A†(b) | – | (c) | 10/20/2038 | 9,910,000 | 9,912,527 | |||||||
| PEAC Solutions Receivables LLC Series 2024-1A Class A3† | 5.64% | 11/20/2030 | 8,050,000 | 8,124,443 | ||||||||
| PEAC Solutions Receivables LLC Series 2024-2A Class A2† | 4.74% | 4/20/2027 | 375,077 | 375,180 | ||||||||
| PFP Ltd. Series 2026-13 Class A† | 5.139% (1 mo. USD Term SOFR + 1.50%) | # | 8/18/2043 | 5,830,000 | 5,861,672 | |||||||
| PFP Ltd. Series 2026-14 Class A† | 4.959% (1 mo. USD Term SOFR + 1.32%) | # | 12/18/2043 | 5,580,000 | 5,585,301 | |||||||
| Post Road Equipment Finance LLC Series 2026-1A Class A2† | 4.47% | 1/18/2033 | 12,215,000 | 12,171,847 | ||||||||
| Regatta XXVIII Funding Ltd. Series 2024-2A Class A2R† | 5.045% (3 mo. USD Term SOFR + 1.40%) | # | 7/25/2039 | 2,570,000 | 2,571,103 | |||||||
| Romark CLO - IV Ltd. Series 2021-4A Class A2AR† | 5.398% (3 mo. USD Term SOFR + 1.65%) | # | 7/10/2034 | 1,000,000 | 1,002,123 | |||||||
| RR 47 Ltd. Series 2026-47A Class A1AR† | 4.961% (3 mo. USD Term SOFR + 1.25%) | # | 10/15/2041 | 6,880,000 | 6,881,754 | |||||||
| SEB Funding LLC Series 2026-1A Class A2† | 6.665% | 1/30/2056 | 7,180,000 | 7,093,370 | ||||||||
| T-Mobile U.S. Trust Series 2024-2A Class A† | 4.25% | 5/21/2029 | 6,895,000 | 6,895,092 | ||||||||
| T-Mobile U.S. Trust Series 2026-2A Class A† | 4.74% | 3/20/2031 | 7,140,000 | 7,149,993 | ||||||||
| U.S. Bank C&I Credit-Linked Notes Series 2025-SUP2 Class B1† | 4.818% | 9/25/2032 | 2,215,467 | 2,172,985 | ||||||||
| Verdant Receivables LLC Series 2025-1A Class A3† | 4.96% | 5/12/2033 | 6,161,000 | 6,171,534 | ||||||||
| Verizon Master Trust Series 2024-3 Class A1A | 5.34% | 4/22/2030 | 9,824,000 | 9,888,483 | ||||||||
| 284 | See Notes to Schedule of Investments. |
Schedule of Investments (unaudited)(continued)
TOTAL RETURN FUND August 31, 2026
| Investments | Interest Rate | Maturity Date | Principal Amount‡ | Fair Value | ||||||||
| Other (continued) | ||||||||||||
| Verizon Master Trust Series 2024-6 Class A1A | 4.17% | 8/20/2030 | $ | 6,376,000 | $ | 6,360,405 | ||||||
| Verizon Master Trust Series 2025-3 Class A1A | 4.51% | 3/20/2030 | 3,421,000 | 3,425,980 | ||||||||
| Voya CLO Ltd. Series 2024-4A Class A2R† | 5.122% (3 mo. USD Term SOFR + 1.43%) | # | 7/20/2039 | 3,590,000 | 3,591,770 | |||||||
| Warwick Capital CLO 5 Ltd. Series 2024-5A Class A2† | 5.329% (3 mo. USD Term SOFR + 1.60%) | # | 1/20/2038 | 3,550,000 | 3,551,338 | |||||||
| Total | 289,902,860 | |||||||||||
| Total Asset-Backed Securities (cost $588,242,344) | 587,471,409 | |||||||||||
| CORPORATE BONDS 41.50% | ||||||||||||
| Aerospace/Defense 0.67% | ||||||||||||
| ATI, Inc. | 5.875% | 6/15/2033 | 1,314,000 | 1,326,736 | ||||||||
| ATI, Inc. | 7.25% | 8/15/2030 | 3,331,000 | 3,455,771 | ||||||||
| Hexcel Corp. | 5.875% | 2/26/2035 | 3,528,000 | 3,556,649 | ||||||||
| Howmet Aerospace, Inc. | 3.75% | 3/3/2028 | 4,075,000 | 4,022,474 | ||||||||
| Northrop Grumman Corp. | 3.25% | 1/15/2028 | 7,706,000 | 7,570,303 | ||||||||
| TransDigm, Inc.† | 6.75% | 1/31/2034 | 3,906,000 | 3,970,254 | ||||||||
| Total | 23,902,187 | |||||||||||
| Agriculture 0.44% | ||||||||||||
| Altria Group, Inc. | 4.875% | 2/4/2028 | 10,253,000 | 10,286,159 | ||||||||
| Imperial Brands Finance PLC (United Kingdom)†(d) | 5.875% | 7/1/2034 | 5,261,000 | 5,335,281 | ||||||||
| Total | 15,621,440 | |||||||||||
| Airlines 0.10% | ||||||||||||
| United Airlines Holdings, Inc. | 4.875% | 3/1/2029 | 3,691,000 | 3,646,030 | ||||||||
| Auto Manufacturers 1.01% | ||||||||||||
| Ford Motor Co. | 9.625% | 4/22/2030 | 4,800,000 | 5,400,231 | ||||||||
| Ford Motor Credit Co. LLC | 5.303% | 9/6/2029 | 1,761,000 | 1,755,992 | ||||||||
| Ford Motor Credit Co. LLC | 7.20% | 6/10/2030 | 4,809,000 | 5,041,703 | ||||||||
| Hyundai Capital America† | 4.90% | 6/23/2028 | 7,616,000 | 7,616,900 | ||||||||
| JB Poindexter & Co., Inc.† | 8.75% | 12/15/2031 | 5,620,000 | 5,808,293 | ||||||||
| Nissan Motor Acceptance Co. LLC† | 7.05% | 9/15/2028 | 5,256,000 | 5,369,904 | ||||||||
| Stellantis Financial Services U.S. Corp.† | 5.40% | 6/15/2029 | 2,281,000 | 2,253,714 | ||||||||
| Toyota Motor Credit Corp. | 4.55% | 9/20/2027 | 2,894,000 | 2,898,568 | ||||||||
| Total | 36,145,305 | |||||||||||
| Auto Parts & Equipment 0.21% | ||||||||||||
| Clarios Global LP/Clarios U.S. Finance Co.† | 6.75% | 9/15/2032 | 3,578,000 | 3,647,252 | ||||||||
| ZF North America Capital, Inc.† | 6.75% | 4/23/2030 | 3,692,000 | 3,723,194 | ||||||||
| Total | 7,370,446 | |||||||||||
| See Notes to Schedule of Investments. | 285 |
Schedule of Investments (unaudited)(continued)
TOTAL RETURN FUND August 31, 2026
| Investments | Interest Rate | Maturity Date | Principal Amount‡ | Fair Value | ||||||||
| Banks 7.50% | ||||||||||||
| ABN AMRO Bank NV (Netherlands)†(d) | 3.324% (5 yr. CMT + 1.90%) | # | 3/13/2037 | $ | 5,400,000 | $ | 4,800,123 | |||||
| Banco de Credito del Peru SA (Peru)†(d) | 5.65% (5 yr. CMT + 1.96%) | # | 1/15/2037 | 5,418,000 | 5,397,682 | |||||||
| Bank of America Corp. | 2.087% (SOFR + 1.06%) | # | 6/14/2029 | 17,835,000 | 17,015,494 | |||||||
| Bank of America Corp. | 3.593% (3 mo. USD Term SOFR + 1.63%) | # | 7/21/2028 | 10,476,000 | 10,386,553 | |||||||
| Bank of America Corp. | 3.97% (3 mo. USD Term SOFR + 1.33%) | # | 3/5/2029 | 5,597,000 | 5,531,855 | |||||||
| Cassa Depositi e Prestiti SpA (Italy)(d) | 4.375% | 10/1/2030 | 9,297,000 | 9,088,872 | ||||||||
| Citigroup, Inc. | 3.98% (3 mo. USD Term SOFR + 1.60%) | # | 3/20/2030 | 13,725,000 | 13,407,154 | |||||||
| Citizens Financial Group, Inc. | 5.718% (SOFR + 1.91%) | # | 7/23/2032 | 11,157,000 | 11,297,519 | |||||||
| First Citizens BancShares, Inc. | 5.60% (5 yr. CMT + 1.85%) | # | 9/5/2035 | 7,467,000 | 7,273,737 | |||||||
| Goldman Sachs Group, Inc. | 2.383% (SOFR + 1.25%) | # | 7/21/2032 | 15,596,000 | 13,616,499 | |||||||
| Goldman Sachs Group, Inc. | 4.153% (SOFR + 0.90%) | # | 10/21/2029 | 6,178,000 | 6,081,092 | |||||||
| Goldman Sachs Group, Inc. | 5.094% (SOFR + 1.34%) | # | 4/20/2034 | 4,044,000 | 3,946,192 | |||||||
| JPMorgan Chase & Co. | 2.069% (SOFR + 1.02%) | # | 6/1/2029 | 5,163,000 | 4,931,737 | |||||||
| JPMorgan Chase & Co. | 3.54% (3 mo. USD Term SOFR + 1.64%) | # | 5/1/2028 | 9,410,000 | 9,345,850 | |||||||
| JPMorgan Chase & Co. | 5.148% (SOFR + 1.26%) | # | 4/23/2037 | 3,597,000 | 3,480,946 | |||||||
| JPMorgan Chase & Co. | 5.193% (SOFR + 1.30%) | # | 2/5/2037 | 9,181,000 | 8,811,610 | |||||||
| JPMorgan Chase & Co. | 5.294% (SOFR + 1.46%) | # | 7/22/2035 | 6,535,000 | 6,466,077 | |||||||
| JPMorgan Chase & Co. | 5.576% (SOFR + 1.64%) | # | 7/23/2036 | 4,289,000 | 4,270,153 | |||||||
| Macquarie Group Ltd. (Australia)†(d) | 4.654% (3 mo. USD Term SOFR + 1.99%) | # | 3/27/2029 | 9,640,000 | 9,609,998 | |||||||
| Morgan Stanley | 2.239% (SOFR + 1.18%) | # | 7/21/2032 | 6,778,000 | 5,880,805 | |||||||
| Morgan Stanley | 4.431% (3 mo. USD Term SOFR + 1.89%) | # | 1/23/2030 | 15,460,000 | 15,271,974 | |||||||
| Morgan Stanley | 5.25% (SOFR + 1.87%) | # | 4/21/2034 | 2,479,000 | 2,449,251 | |||||||
| 286 | See Notes to Schedule of Investments. |
Schedule of Investments (unaudited)(continued)
TOTAL RETURN FUND August 31, 2026
| Investments | Interest Rate | Maturity Date | Principal Amount‡ | Fair Value | ||||||||
| Banks (continued) | ||||||||||||
| Morgan Stanley | 5.296% (SOFR + 1.41%) | # | 4/10/2037 | $ | 3,639,000 | $ | 3,521,038 | |||||
| Morgan Stanley | 5.297% (SOFR + 2.62%) | # | 4/20/2037 | 4,900,000 | 4,802,962 | |||||||
| Morgan Stanley | 5.32% (SOFR + 1.56%) | # | 7/19/2035 | 7,000,000 | 6,895,717 | |||||||
| Morgan Stanley | 5.424% (SOFR + 1.88%) | # | 7/21/2034 | 5,095,000 | 5,072,592 | |||||||
| Morgan Stanley | 5.605% (SOFR + 1.43%) | # | 7/17/2037 | 2,304,000 | 2,282,033 | |||||||
| PNC Financial Services Group, Inc. | 5.676% (SOFR + 1.90%) | # | 1/22/2035 | 6,982,000 | 7,058,682 | |||||||
| U.S. Bancorp | 4.839% (SOFR + 1.60%) | # | 2/1/2034 | 7,299,000 | 7,077,744 | |||||||
| UBS Group AG (Switzerland)†(d) | 4.988% (1 yr. CMT + 2.40%) | # | 8/5/2033 | 5,333,000 | 5,230,441 | |||||||
| UBS Group AG (Switzerland)†(d) | 6.327% (1 yr. CMT + 1.60%) | # | 12/22/2027 | 2,685,000 | 2,698,782 | |||||||
| Wells Fargo & Co. | 2.393% (SOFR + 2.10%) | # | 6/2/2028 | 20,155,000 | 19,827,929 | |||||||
| Wells Fargo & Co. | 3.35% (SOFR + 1.50%) | # | 3/2/2033 | 7,066,000 | 6,415,428 | |||||||
| Wells Fargo & Co. | 3.584% (3 mo. USD Term SOFR + 1.57%) | # | 5/22/2028 | 10,914,000 | 10,837,834 | |||||||
| Westpac Banking Corp. (Australia)(d) | 3.371% | 6/7/2027 | 9,038,000 | 8,974,377 | ||||||||
| Total | 269,056,732 | |||||||||||
| Beverages 0.11% | ||||||||||||
| Bacardi Ltd./Bacardi-Martini BV† | 5.40% | 6/15/2033 | 3,849,000 | 3,771,338 | ||||||||
| Biotechnology 0.46% | ||||||||||||
| Amgen, Inc. | 5.15% | 3/2/2028 | 12,176,000 | 12,253,283 | ||||||||
| Regeneron Pharmaceuticals, Inc. | 2.80% | 9/15/2050 | 7,332,000 | 4,270,366 | ||||||||
| Total | 16,523,649 | |||||||||||
| Building Materials 0.19% | ||||||||||||
| EMRLD Borrower LP/Emerald Co-Issuer, Inc.† | 6.75% | 7/15/2031 | 3,504,000 | 3,613,357 | ||||||||
| Smyrna Ready Mix Concrete LLC† | 6.00% | 11/1/2028 | 3,346,000 | 3,349,421 | ||||||||
| Total | 6,962,778 | |||||||||||
| Chemicals 0.26% | ||||||||||||
| Celanese U.S. Holdings LLC | 7.00% | 2/15/2031 | 5,645,000 | 5,805,482 | ||||||||
| Rain Carbon, Inc.†(e) | 12.25% | 9/1/2029 | 3,350,000 | 3,564,681 | ||||||||
| Total | 9,370,163 | |||||||||||
| See Notes to Schedule of Investments. | 287 |
Schedule of Investments (unaudited)(continued)
TOTAL RETURN FUND August 31, 2026
| Investments | Interest Rate | Maturity Date | Principal Amount‡ | Fair Value | ||||||||
| Coal 0.10% | ||||||||||||
| SunCoke Energy, Inc.† | 4.875% | 6/30/2029 | $ | 3,791,000 | $ | 3,666,630 | ||||||
| Commercial Services 0.66% | ||||||||||||
| Allied Universal Holdco LLC† | 7.875% | 2/15/2031 | 3,427,000 | 3,565,883 | ||||||||
| Carrix, Inc.† | 6.125% | 8/1/2033 | 5,303,000 | 5,311,720 | ||||||||
| CompoSecure Holdings LLC† | 5.625% | 2/1/2033 | 2,297,000 | 2,226,643 | ||||||||
| EquipmentShare.com, Inc.† | 9.00% | 5/15/2028 | 3,332,000 | 3,406,170 | ||||||||
| Global Payments, Inc. | 2.90% | 11/15/2031 | 6,512,000 | 5,696,613 | ||||||||
| Herc Holdings, Inc.†(e) | 7.25% | 6/15/2033 | 3,231,000 | 3,344,134 | ||||||||
| Total | 23,551,163 | |||||||||||
| Computers 0.14% | ||||||||||||
| Gartner, Inc.† | 4.50% | 7/1/2028 | 5,011,000 | 4,933,276 | ||||||||
| Cosmetics/Personal Care 0.14% | ||||||||||||
| Opal Bidco SAS (France)†(d) | 6.50% | 3/31/2032 | 5,151,000 | 5,202,948 | ||||||||
| Diversified Financial Services 2.31% | ||||||||||||
| Aircastle Ltd.† | 2.85% | 1/26/2028 | 6,919,000 | 6,727,082 | ||||||||
| Aircastle Ltd.† | 6.50% | 7/18/2028 | 5,000,000 | 5,132,075 | ||||||||
| Atlas Warehouse Lending Co. LP† | 4.95% | 11/15/2030 | 4,471,000 | 4,370,293 | ||||||||
| Aviation Capital Group LLC† | 4.875% | 1/28/2033 | 2,364,000 | 2,263,811 | ||||||||
| Aviation Capital Group LLC† | 6.375% | 7/15/2030 | 7,653,000 | 7,933,662 | ||||||||
| Avilease Capital Ltd. (Cayman Islands)†(d) | 5.50% | 6/30/2031 | 5,408,000 | 5,382,879 | ||||||||
| Avolon Holdings Funding Ltd. (Ireland)†(d) | 5.375% | 5/30/2030 | 5,464,000 | 5,477,482 | ||||||||
| Avolon Holdings Funding Ltd. (Ireland)†(d) | 6.375% | 5/4/2028 | 2,776,000 | 2,836,556 | ||||||||
| Citadel Securities Global Holdings LLC† | 6.20% | 6/18/2035 | 9,401,000 | 9,449,699 | ||||||||
| Freedom Mortgage Holdings LLC† | 8.00% | 2/1/2032 | 3,611,000 | 3,570,765 | ||||||||
| LPL Holdings, Inc.† | 4.00% | 3/15/2029 | 8,718,000 | 8,460,902 | ||||||||
| LPL Holdings, Inc. | 5.75% | 6/15/2035 | 4,272,000 | 4,207,271 | ||||||||
| Muthoot Finance Ltd. (India)(d) | 6.375% | 4/23/2029 | 5,400,000 | 5,401,401 | ||||||||
| Navient Corp. | 9.375% | 7/25/2030 | 1,552,000 | 1,632,662 | ||||||||
| Neuberger Berman Group LLC/Neuberger Berman Finance Corp.† | 4.50% | 3/15/2027 | 4,745,000 | 4,738,758 | ||||||||
| OneMain Finance Corp. | 7.50% | 5/15/2031 | 5,268,000 | 5,412,649 | ||||||||
| Total | 82,997,947 | |||||||||||
| Electric 4.39% | ||||||||||||
| AES Corp.† | 3.95% | 7/15/2030 | 7,000,000 | 6,657,183 | ||||||||
| Capital Power U.S. Holdings, Inc.† | 6.189% | 6/1/2035 | 6,961,000 | 7,056,014 | ||||||||
| Chpe LLC† | 5.10% | 6/30/2033 | 5,454,000 | 5,350,716 | ||||||||
| Chpe LLC† | 5.35% | 6/30/2036 | 4,290,000 | 4,172,977 | ||||||||
| Comision Federal de Electricidad (Mexico)†(d) | 6.045% | 1/28/2034 | 1,971,000 | 1,921,232 | ||||||||
| 288 | See Notes to Schedule of Investments. |
Schedule of Investments (unaudited)(continued)
TOTAL RETURN FUND August 31, 2026
| Investments | Interest Rate | Maturity Date | Principal Amount‡ | Fair Value | ||||||||
| Electric (continued) | ||||||||||||
| Comision Federal de Electricidad (Mexico)(d) | 6.45% | 1/24/2035 | $ | 3,671,000 | $ | 3,649,409 | ||||||
| Constellation Energy Generation LLC | 5.00% | 2/1/2031 | 8,504,000 | 8,427,006 | ||||||||
| COX Asset Mexico SA de CV (Mexico)†(d) | 7.75% | 5/8/2036 | 3,548,000 | 3,577,803 | ||||||||
| Electricite de France SA (France)(d) | 4.50% | 12/4/2069 | 4,800,000 | 3,264,333 | ||||||||
| ENEL Finance International NV (Netherlands)†(d) | 5.125% | 6/26/2029 | 4,918,000 | 4,950,144 | ||||||||
| Entergy Louisiana LLC | 4.90% | 4/15/2036 | 1,868,000 | 1,777,365 | ||||||||
| Entergy Louisiana LLC | 5.15% | 9/15/2034 | 6,455,000 | 6,360,839 | ||||||||
| FirstEnergy Transmission LLC | 5.00% | 1/15/2035 | 2,600,000 | 2,513,710 | ||||||||
| Florida Power & Light Co. | 5.60% | 2/15/2066 | 3,855,000 | 3,520,519 | ||||||||
| Florida Power & Light Co. | 5.80% | 3/15/2065 | 2,308,000 | 2,176,906 | ||||||||
| Indiana Michigan Power Co. | 5.60% | 3/15/2056 | 1,673,000 | 1,557,667 | ||||||||
| Indianapolis Power & Light Co.† | 5.65% | 12/1/2032 | 5,745,000 | 5,870,296 | ||||||||
| ITC Holdings Corp.† | 5.50% | 4/15/2036 | 3,565,000 | 3,512,451 | ||||||||
| Jersey Central Power & Light Co. | 5.10% | 1/15/2035 | 2,005,000 | 1,961,825 | ||||||||
| Narragansett Electric Co.† | 5.35% | 5/1/2034 | 5,383,000 | 5,333,105 | ||||||||
| NRG Energy, Inc.† | 4.45% | 6/15/2029 | 3,410,000 | 3,338,621 | ||||||||
| NRG Energy, Inc.† | 5.407% | 10/15/2035 | 4,191,000 | 4,005,169 | ||||||||
| NRG Energy, Inc.† | 6.00% | 2/1/2033 | 3,701,000 | 3,685,781 | ||||||||
| Pacific Gas & Electric Co. | 5.20% | 5/1/2036 | 3,049,000 | 2,877,853 | ||||||||
| Pacific Gas & Electric Co. | 5.80% | 5/15/2034 | 8,904,000 | 8,918,523 | ||||||||
| Perusahaan Perseroan Persero PT Perusahaan Listrik Negara (Indonesia)(d) | 4.125% | 5/15/2027 | 7,717,000 | 7,686,843 | ||||||||
| PG&E Corp. | 6.85% (5 yr. CMT + 3.23%) | # | 9/15/2056 | 1,951,000 | 1,912,894 | |||||||
| PSEG Power LLC† | 5.75% | 5/15/2035 | 5,523,000 | 5,512,160 | ||||||||
| Talen Energy Supply LLC† | 6.25% | 2/1/2034 | 4,338,000 | 4,261,736 | ||||||||
| Virginia Electric & Power Co. | 4.95% | 3/15/2036 | 1,884,000 | 1,792,948 | ||||||||
| Virginia Electric & Power Co. | 5.05% | 8/15/2034 | 10,375,000 | 10,127,524 | ||||||||
| Vistra Operations Co. LLC† | 5.70% | 12/30/2034 | 13,060,000 | 12,888,382 | ||||||||
| Vistra Operations Co. LLC† | 7.75% | 10/15/2031 | 3,381,000 | 3,522,775 | ||||||||
| VoltaGrid LLC† | 7.375% | 11/1/2030 | 3,491,000 | 3,514,554 | ||||||||
| Total | 157,657,263 | |||||||||||
| Electronics 0.71% | ||||||||||||
| Flex Ltd. | 5.25% | 1/15/2032 | 2,235,000 | 2,187,459 | ||||||||
| Flex Ltd. | 5.375% | 11/13/2035 | 3,614,000 | 3,419,620 | ||||||||
| nVent Finance SARL (Luxembourg)(d) | 4.55% | 4/15/2028 | 13,974,000 | 13,902,687 | ||||||||
| Vontier Corp. | 2.95% | 4/1/2031 | 6,599,000 | 5,970,777 | ||||||||
| Total | 25,480,543 | |||||||||||
| See Notes to Schedule of Investments. | 289 |
Schedule of Investments (unaudited)(continued)
TOTAL RETURN FUND August 31, 2026
| Investments | Interest Rate | Maturity Date | Principal Amount‡ | Fair Value | ||||||||
| Engineering & Construction 0.36% | ||||||||||||
| MasTec, Inc.† | 4.50% | 8/15/2028 | $ | 7,539,000 | $ | 7,451,315 | ||||||
| Weekley Homes LLC/Weekley Finance Corp.† | 4.875% | 9/15/2028 | 5,381,000 | 5,311,573 | ||||||||
| Total | 12,762,888 | |||||||||||
| Entertainment 0.27% | ||||||||||||
| Flutter Treasury DAC (Ireland)†(d)(e) | 5.875% | 6/4/2031 | 6,007,000 | 5,907,206 | ||||||||
| Pioneer Opco LLC† | 7.00% | 5/15/2033 | 3,538,000 | 3,603,974 | ||||||||
| Total | 9,511,180 | |||||||||||
| Equity Real Estate 0.20% | ||||||||||||
| Kennedy-Wilson, Inc.† | 7.00% | 6/1/2031 | 7,107,000 | 7,276,921 | ||||||||
| Food 0.40% | ||||||||||||
| JBS NV/JBS USA Foods Group Holdings, Inc./JBS USA Food Co. Holdings (Netherlands)(d) | 5.50% | 1/15/2036 | 5,515,000 | 5,373,132 | ||||||||
| Pilgrim’s Pride Corp. | 3.50% | 3/1/2032 | 4,910,000 | 4,448,555 | ||||||||
| Smithfield Foods, Inc.† | 2.625% | 9/13/2031 | 5,214,000 | 4,588,542 | ||||||||
| Total | 14,410,229 | |||||||||||
| Gas 0.63% | ||||||||||||
| CenterPoint Energy Resources Corp. | 4.40% | 7/1/2032 | 7,179,000 | 6,900,703 | ||||||||
| National Fuel Gas Co. | 5.50% | 5/15/2036 | 2,948,000 | 2,867,975 | ||||||||
| National Fuel Gas Co. | 5.95% | 3/15/2035 | 7,020,000 | 7,140,064 | ||||||||
| NiSource, Inc. | 5.30% | 5/18/2036 | 1,318,000 | 1,284,158 | ||||||||
| Piedmont Natural Gas Co., Inc. | 3.50% | 6/1/2029 | 4,673,000 | 4,516,605 | ||||||||
| Total | 22,709,505 | |||||||||||
| Health Care-Products 0.91% | ||||||||||||
| 180 Medical, Inc.† | 5.30% | 10/8/2035 | 6,029,000 | 5,803,471 | ||||||||
| Baxter International, Inc.(e) | 2.539% | 2/1/2032 | 11,870,000 | 10,204,577 | ||||||||
| Baxter International, Inc. | 5.65% | 12/15/2035 | 8,140,000 | 7,949,236 | ||||||||
| Medline Borrower LP/Medline Co-Issuer, Inc.† | 6.25% | 4/1/2029 | 3,234,000 | 3,289,690 | ||||||||
| VSP Optical Group, Inc.† | 5.40% | 6/1/2033 | 1,821,000 | 1,802,842 | ||||||||
| VSP Optical Group, Inc.† | 5.45% | 12/1/2035 | 3,757,000 | 3,672,133 | ||||||||
| Total | 32,721,949 | |||||||||||
| Health Care-Services 1.21% | ||||||||||||
| Centene Corp. | 2.45% | 7/15/2028 | 8,616,000 | 8,211,994 | ||||||||
| CommonSpirit Health | 5.318% | 12/1/2034 | 3,531,000 | 3,473,025 | ||||||||
| Fresenius Medical Care U.S. Finance III, Inc.† | 2.375% | 2/16/2031 | 6,487,000 | 5,710,818 | ||||||||
| Icon Investments Six DAC (Ireland)†(d) | 5.995% | 8/13/2036 | 3,361,000 | 3,352,323 | ||||||||
| Icon Investments Six DAC (Ireland)(d) | 6.00% | 5/8/2034 | 5,739,000 | 5,798,624 | ||||||||
| Molina Healthcare, Inc.† | 4.375% | 6/15/2028 | 3,393,000 | 3,348,311 | ||||||||
| 290 | See Notes to Schedule of Investments. |
Schedule of Investments (unaudited)(continued)
TOTAL RETURN FUND August 31, 2026
| Investments | Interest Rate | Maturity Date | Principal Amount‡ | Fair Value | ||||||||
| Health Care-Services (continued) | ||||||||||||
| UnitedHealth Group, Inc. | 3.45% | 1/15/2027 | $ | 3,938,000 | $ | 3,928,104 | ||||||
| Universal Health Services, Inc. | 2.65% | 10/15/2030 | 7,940,000 | 7,131,967 | ||||||||
| Universal Health Services, Inc. | 5.50% | 9/1/2031 | 2,380,000 | 2,379,968 | ||||||||
| Total | 43,335,134 | |||||||||||
| Home Furnishings 0.16% | ||||||||||||
| Whirlpool Corp. | 6.125% | 6/15/2030 | 5,961,000 | 5,605,587 | ||||||||
| Insurance 1.06% | ||||||||||||
| Arch Capital Group Ltd. | 5.95% | 6/15/2056 | 2,291,000 | 2,223,795 | ||||||||
| Brighthouse Financial Global Funding† | 5.65% | 6/10/2029 | 6,880,000 | 6,917,983 | ||||||||
| Brown & Brown, Inc. | 2.375% | 3/15/2031 | 8,083,000 | 7,127,754 | ||||||||
| CNO Global Funding† | 5.875% | 6/4/2027 | 6,107,000 | 6,162,808 | ||||||||
| Jackson National Life Global Funding† | 4.60% | 10/1/2029 | 6,031,000 | 5,941,475 | ||||||||
| Jones Deslauriers Insurance Management, Inc. (Canada)†(d) | 8.50% | 3/15/2030 | 3,380,000 | 3,485,145 | ||||||||
| New York Life Global Funding† | 4.55% | 1/28/2033 | 6,595,000 | 6,344,738 | ||||||||
| Total | 38,203,698 | |||||||||||
| Internet 1.77% | ||||||||||||
| Alphabet, Inc. | 5.45% | 8/15/2036 | 5,237,000 | 5,197,699 | ||||||||
| Alphabet, Inc. | 6.375% | 8/15/2056 | 3,042,000 | 3,062,960 | ||||||||
| Amazon.com, Inc. | 5.80% | 3/13/2056 | 7,277,000 | 6,716,950 | ||||||||
| Beignet Investor LLC† | 6.581% | 5/30/2049 | 17,820,000 | 17,081,838 | ||||||||
| Prosus NV (Netherlands)(d) | 4.027% | 8/3/2050 | 5,100,000 | 3,493,979 | ||||||||
| Tencent Holdings Ltd. (China)†(d) | 5.00% | 6/16/2036 | 4,680,000 | 4,569,981 | ||||||||
| Uber Technologies, Inc.† | 4.50% | 8/15/2029 | 14,787,000 | 14,585,849 | ||||||||
| Weibo Corp. (China)(d)(e) | 3.375% | 7/8/2030 | 9,398,000 | 8,755,554 | ||||||||
| Total | 63,464,810 | |||||||||||
| Investment Companies 0.10% | ||||||||||||
| HA Sustainable Infrastructure Capital, Inc.† | 5.95% | 7/15/2033 | 2,022,000 | 1,999,132 | ||||||||
| HA Sustainable Infrastructure Capital, Inc. | 6.375% | 7/1/2034 | 1,678,000 | 1,690,589 | ||||||||
| Total | 3,689,721 | |||||||||||
| Iron-Steel 0.18% | ||||||||||||
| Commercial Metals Co.† | 5.75% | 11/15/2033 | 3,874,000 | 3,815,231 | ||||||||
| Vale Overseas Ltd. (Brazil)†(d) | 6.00% (5 yr. CMT + 2.43%) | # | 2/25/2056 | 2,578,000 | 2,556,474 | |||||||
| Total | 6,371,705 | |||||||||||
| See Notes to Schedule of Investments. | 291 |
Schedule of Investments (unaudited)(continued)
TOTAL RETURN FUND August 31, 2026
| Investments | Interest Rate | Maturity Date | Principal Amount‡ | Fair Value | ||||||||
| Leisure Time 0.41% | ||||||||||||
| Carnival Corp. Ltd.†(e) | 6.125% | 2/15/2033 | $ | 5,637,000 | $ | 5,653,956 | ||||||
| Royal Caribbean Cruises Ltd.† | 5.375% | 7/15/2027 | 4,069,000 | 4,074,047 | ||||||||
| Royal Caribbean Cruises Ltd.† | 6.00% | 2/1/2033 | 5,056,000 | 5,087,899 | ||||||||
| Total | 14,815,902 | |||||||||||
| Lodging 0.41% | ||||||||||||
| Hilton Domestic Operating Co., Inc.† | 5.50% | 3/31/2034 | 5,541,000 | 5,457,497 | ||||||||
| MGM China Holdings Ltd. (Macau)(d) | 4.75% | 2/1/2027 | 3,760,000 | 3,754,812 | ||||||||
| Wynn Macau Ltd. (Macau)†(d) | 6.75% | 2/15/2034 | 5,512,000 | 5,461,717 | ||||||||
| Total | 14,674,026 | |||||||||||
| Machinery: Construction & Mining 0.10% | ||||||||||||
| Solaris Energy Infrastructure LLC† | 6.375% | 5/15/2031 | 3,572,000 | 3,547,605 | ||||||||
| Machinery-Diversified 0.39% | ||||||||||||
| Flowserve Corp. | 2.80% | 1/15/2032 | 5,066,000 | 4,451,447 | ||||||||
| Flowserve Corp. | 5.70% | 5/15/2036 | 4,057,000 | 4,002,862 | ||||||||
| Regal Rexnord Corp. | 6.40% | 4/15/2033 | 5,250,000 | 5,454,967 | ||||||||
| Total | 13,909,276 | |||||||||||
| Media 1.26% | ||||||||||||
| CCO Holdings LLC/CCO Holdings Capital Corp.†(e) | 4.75% | 2/1/2032 | 3,975,000 | 3,564,351 | ||||||||
| Cox Communications, Inc.† | 1.80% | 10/1/2030 | 4,770,000 | 4,079,068 | ||||||||
| Cox Communications, Inc.† | 2.60% | 6/15/2031 | 3,101,000 | 2,677,615 | ||||||||
| Directv Financing LLC† | 8.875% | 2/1/2030 | 3,986,000 | 4,082,841 | ||||||||
| Discovery Global Holdings, Inc. | 5.05% | 3/15/2042 | 5,028,000 | 3,668,328 | ||||||||
| Paramount Global | 3.375% | 2/15/2028 | 6,766,000 | 6,617,958 | ||||||||
| Space Exploration Technologies Corp.† | 5.35% | 7/15/2031 | 6,174,000 | 6,037,045 | ||||||||
| Space Exploration Technologies Corp.† | 5.65% | 7/15/2033 | 5,798,000 | 5,596,584 | ||||||||
| Space Exploration Technologies Corp.† | 5.875% | 7/15/2036 | 5,746,000 | 5,418,000 | ||||||||
| Univision Communications, Inc.† | 8.50% | 7/31/2031 | 3,535,000 | 3,565,214 | ||||||||
| Total | 45,307,004 | |||||||||||
| Mining 0.86% | ||||||||||||
| Corp. Nacional del Cobre de Chile (Chile)†(d) | 6.33% | 1/13/2035 | 6,719,000 | 6,926,617 | ||||||||
| Freeport Indonesia PT (Indonesia)(d) | 6.20% | 4/14/2052 | 3,515,000 | 3,332,580 | ||||||||
| Glencore Funding LLC† | 5.371% | 4/4/2029 | 5,934,000 | 6,000,640 | ||||||||
| Glencore Funding LLC† | 6.375% | 10/6/2030 | 3,016,000 | 3,147,249 | ||||||||
| Ivanhoe Mines Ltd. (Canada)†(d) | 7.875% | 1/23/2030 | 3,511,000 | 3,540,837 | ||||||||
| Navoi Mining & Metallurgical Co. (Uzbekistan)†(d) | 6.75% | 5/14/2030 | 4,255,000 | 4,393,779 | ||||||||
| Novelis Corp.† | 6.875% | 1/30/2030 | 3,483,000 | 3,580,454 | ||||||||
| Total | 30,922,156 | |||||||||||
| 292 | See Notes to Schedule of Investments. |
Schedule of Investments (unaudited)(continued)
TOTAL RETURN FUND August 31, 2026
| Investments | Interest Rate | Maturity Date | Principal Amount‡ | Fair Value | ||||||||
| Miscellaneous Manufacturing 0.21% | ||||||||||||
| LSB Industries, Inc.† | 6.25% | 10/15/2028 | $ | 3,787,000 | $ | 3,781,789 | ||||||
| Parker-Hannifin Corp. | 4.25% | 9/15/2027 | 3,877,000 | 3,870,536 | ||||||||
| Total | 7,652,325 | |||||||||||
| Oil & Gas 1.90% | ||||||||||||
| Antero Resources Corp.† | 5.375% | 3/1/2030 | 7,670,000 | 7,672,092 | ||||||||
| Caturus Energy LLC† | 8.50% | 2/15/2030 | 5,398,000 | 5,636,009 | ||||||||
| Continental Resources, Inc.† | 5.75% | 1/15/2031 | 6,850,000 | 6,939,561 | ||||||||
| Crescent Energy Finance LLC† | 7.375% | 1/15/2033 | 3,477,000 | 3,552,795 | ||||||||
| EQT Corp. | 7.00% | 2/1/2030 | 3,309,000 | 3,499,363 | ||||||||
| Expand Energy Corp. | 5.375% | 3/15/2030 | 1,993,000 | 2,000,594 | ||||||||
| Hilcorp Energy I LP/Hilcorp Finance Co.† | 8.375% | 11/1/2033 | 3,447,000 | 3,657,167 | ||||||||
| Nabors Industries, Inc.†(e) | 8.875% | 8/15/2031 | 3,628,000 | 3,797,892 | ||||||||
| OGX Austria GmbH (Brazil)†(d)(f) | 8.50% | 6/1/2018 | 1,730,000 | 35 | ||||||||
| Permian Resources Operating LLC† | 7.00% | 1/15/2032 | 5,080,000 | 5,250,769 | ||||||||
| Petroleos Mexicanos (Mexico)(d) | 6.70% | 2/16/2032 | 9,219,000 | 9,273,245 | ||||||||
| SM Energy Co.† | 6.75% | 8/1/2029 | 3,539,000 | 3,621,094 | ||||||||
| Transocean International Ltd.† | 7.875% | 10/15/2032 | 3,795,000 | 3,986,758 | ||||||||
| Viper Energy Partners LLC | 5.70% | 8/1/2035 | 3,701,000 | 3,690,144 | ||||||||
| Wildfire Intermediate Holdings LLC† | 7.50% | 10/15/2029 | 5,223,000 | 5,415,604 | ||||||||
| Total | 67,993,122 | |||||||||||
| Oil & Gas Services 0.21% | ||||||||||||
| Kodiak Gas Services LLC† | 6.50% | 10/1/2033 | 3,699,000 | 3,736,127 | ||||||||
| WBI Operating LLC† | 6.25% | 10/15/2030 | 3,881,000 | 3,903,172 | ||||||||
| Total | 7,639,299 | |||||||||||
| Packaging & Containers 0.10% | ||||||||||||
| Clydesdale Acquisition Holdings, Inc.† | 6.75% | 4/15/2032 | 3,575,000 | 3,493,476 | ||||||||
| Pharmaceuticals 1.15% | ||||||||||||
| AbbVie, Inc. | 4.80% | 3/15/2027 | 6,764,000 | 6,780,347 | ||||||||
| Bayer Corp.† | 6.65% | 2/15/2028 | 3,872,000 | 3,968,693 | ||||||||
| Bayer U.S. Finance LLC† | 5.375% | 7/20/2033 | 2,182,000 | 2,156,209 | ||||||||
| Bayer U.S. Finance LLC† | 6.375% | 11/21/2030 | 10,643,000 | 11,082,236 | ||||||||
| Bayer U.S. Finance LLC† | 6.50% | 11/21/2033 | 2,444,000 | 2,566,913 | ||||||||
| CVS Health Corp. | 7.00% (5 yr. CMT + 2.89%) | # | 3/10/2055 | 3,662,000 | 3,782,419 | |||||||
| EMD Finance LLC† | 4.125% | 8/15/2028 | 1,963,000 | 1,941,489 | ||||||||
| Pfizer Investment Enterprises Pte. Ltd. (Singapore)(d) | 4.45% | 5/19/2028 | 6,798,000 | 6,783,360 | ||||||||
| Teva Pharmaceutical Finance Netherlands III BV (Netherlands)(d) | 3.15% | 10/1/2026 | 2,186,000 | 2,183,061 | ||||||||
| Total | 41,244,727 | |||||||||||
| See Notes to Schedule of Investments. | 293 |
Schedule of Investments (unaudited)(continued)
TOTAL RETURN FUND August 31, 2026
| Investments | Interest Rate | Maturity Date | Principal Amount‡ | Fair Value | ||||||||
| Pipelines 2.09% | ||||||||||||
| Colonial Enterprises, Inc.† | 5.627% | 11/15/2035 | $ | 5,696,000 | $ | 5,582,493 | ||||||
| Columbia Pipelines Holding Co. LLC† | 4.999% | 11/17/2032 | 8,967,000 | 8,733,306 | ||||||||
| Columbia Pipelines Holding Co. LLC† | 5.097% | 10/1/2031 | 2,622,000 | 2,595,995 | ||||||||
| DT Midstream, Inc.† | 4.125% | 6/15/2029 | 7,288,000 | 7,120,314 | ||||||||
| Eastern Energy Gas Holdings LLC | 5.65% | 10/15/2054 | 2,814,000 | 2,569,987 | ||||||||
| Eastern Energy Gas Holdings LLC | 5.80% | 1/15/2035 | 4,957,000 | 5,034,713 | ||||||||
| Enbridge, Inc. (Canada)(d) | 8.50% (5 yr. CMT + 4.43%) | # | 1/15/2084 | 7,804,000 | 8,806,580 | |||||||
| Esentia Energy Development SAB de CV (Mexico)†(d) | 6.50% | 7/30/2038 | 6,645,000 | 6,455,618 | ||||||||
| Florida Gas Transmission Co. LLC† | 5.75% | 7/15/2035 | 7,555,000 | 7,612,037 | ||||||||
| Gulfstream Natural Gas System LLC† | 5.60% | 7/23/2035 | 7,107,000 | 7,048,405 | ||||||||
| NGPL PipeCo LLC† | 5.60% | 8/15/2036 | 3,129,000 | 3,047,229 | ||||||||
| QazaqGaz NC JSC (Kazakhstan)†(d) | 5.625% | 5/8/2036 | 3,606,000 | 3,536,069 | ||||||||
| Venture Global Plaquemines LNG LLC† | 7.50% | 5/1/2033 | 6,375,000 | 6,928,235 | ||||||||
| Total | 75,070,981 | |||||||||||
| REITS 1.30% | ||||||||||||
| Brandywine Operating Partnership LP | 4.55% | 10/1/2029 | 3,922,000 | 3,703,945 | ||||||||
| Brixmor Operating Partnership LP | 5.375% | 6/15/2036 | 3,639,000 | 3,544,926 | ||||||||
| Crown Castle, Inc. | 3.30% | 7/1/2030 | 7,054,000 | 6,578,319 | ||||||||
| EPR Properties | 4.95% | 4/15/2028 | 3,475,000 | 3,469,808 | ||||||||
| Goodman U.S. Finance Seven LLC† | 5.25% | 4/28/2036 | 5,871,000 | 5,637,032 | ||||||||
| Iron Mountain Information Management Services, Inc.† | 5.00% | 7/15/2032 | 3,813,000 | 3,639,786 | ||||||||
| Millrose Properties, Inc.† | 6.375% | 8/1/2030 | 4,202,000 | 4,264,148 | ||||||||
| SBA Communications Corp. | 4.875% | 1/15/2030 | 5,801,000 | 5,753,152 | ||||||||
| VICI Properties LP/VICI Note Co., Inc.† | 4.625% | 12/1/2029 | 4,895,000 | 4,782,016 | ||||||||
| VICI Properties LP/VICI Note Co., Inc.† | 5.75% | 2/1/2027 | 5,410,000 | 5,419,883 | ||||||||
| Total | 46,793,015 | |||||||||||
| Retail 0.19% | ||||||||||||
| Advance Auto Parts, Inc.† | 7.00% | 8/1/2030 | 3,138,000 | 3,210,267 | ||||||||
| QXO Building Products, Inc.† | 6.75% | 4/30/2032 | 3,456,000 | 3,537,610 | ||||||||
| Total | 6,747,877 | |||||||||||
| Semiconductors 1.53% | ||||||||||||
| Broadcom, Inc. | 4.80% | 2/15/2036 | 5,004,000 | 4,594,438 | ||||||||
| Foundry JV Holdco LLC† | 5.50% | 1/25/2031 | 5,842,000 | 5,894,548 | ||||||||
| Foundry JV Holdco LLC† | 5.875% | 1/25/2034 | 4,038,000 | 4,007,204 | ||||||||
| Foundry JV Holdco LLC† | 5.90% | 1/25/2033 | 2,218,000 | 2,255,062 | ||||||||
| 294 | See Notes to Schedule of Investments. |
Schedule of Investments (unaudited)(continued)
TOTAL RETURN FUND August 31, 2026
| Investments | Interest Rate | Maturity Date | Principal Amount‡ | Fair Value | ||||||||
| Semiconductors (continued) | ||||||||||||
| Foundry JV Holdco LLC† | 6.15% | 1/25/2032 | $ | 3,419,000 | $ | 3,525,771 | ||||||
| Intel Corp. | 4.10% | 5/19/2046 | 3,904,000 | 2,874,517 | ||||||||
| Kioxia Holdings Corp. (Japan)†(d) | 6.25% | 7/24/2030 | 4,530,000 | 4,633,402 | ||||||||
| Kioxia Holdings Corp. (Japan)†(d) | 6.625% | 7/24/2033 | 6,396,000 | 6,610,565 | ||||||||
| Marvell Technology, Inc. | 5.30% | 4/15/2036 | 7,199,000 | 6,943,726 | ||||||||
| NVIDIA Corp.(e) | 4.95% | 6/15/2036 | 8,629,000 | 8,206,177 | ||||||||
| Skyworks Solutions, Inc. | 5.75% | 1/10/2032 | 5,457,000 | 5,419,213 | ||||||||
| Total | 54,964,623 | |||||||||||
| Software 0.53% | ||||||||||||
| Oracle Corp. | 5.375% | 7/15/2040 | 4,241,000 | 3,531,898 | ||||||||
| Oracle Corp. | 5.95% | 9/26/2055 | 9,983,000 | 7,935,955 | ||||||||
| Oracle Corp. | 6.55% | 2/4/2046 | 5,339,000 | 4,773,186 | ||||||||
| Oracle Corp. | 6.85% | 2/4/2066 | 3,051,000 | 2,680,657 | ||||||||
| Total | 18,921,696 | |||||||||||
| Telecommunications 1.37% | ||||||||||||
| Cipher Compute LLC† | 7.125% | 11/15/2030 | 3,786,000 | 3,837,654 | ||||||||
| Core Scientific Finance I LLC† | 7.75% | 5/15/2031 | 6,979,000 | 6,776,069 | ||||||||
| ELK Grove Village Property LLC†(e) | 7.50% | 6/15/2031 | 5,423,000 | 5,225,786 | ||||||||
| Level 3 Financing, Inc.† | 8.50% | 1/15/2036 | 7,050,519 | 7,378,481 | ||||||||
| NTT Finance Corp. (Japan)†(d) | 5.11% | 7/2/2029 | 3,697,000 | 3,704,736 | ||||||||
| QTS Fayetteville I Dc1-2 LLC/QTS TRS Fayetteville I DC1-2 LLC† | 5.70% | 4/15/2036 | 9,113,000 | 8,251,111 | ||||||||
| Sopaipilla Investor LLC† | 7.534% | 11/30/2048 | 10,400,000 | 10,658,607 | ||||||||
| SV RNO Property Owner 1 LLC† | 5.875% | 3/1/2031 | 3,709,000 | 3,407,064 | ||||||||
| Total | 49,239,508 | |||||||||||
| Transportation 0.52% | ||||||||||||
| GXO Logistics, Inc. | 6.50% | 5/6/2034 | 9,266,000 | 9,575,307 | ||||||||
| Rand Parent LLC† | 8.50% | 2/15/2030 | 3,274,000 | 3,379,665 | ||||||||
| Watco Cos. LLC/Watco Finance Corp.† | 7.125% | 8/1/2032 | 5,496,000 | 5,667,608 | ||||||||
| Total | 18,622,580 | |||||||||||
| Trucking & Leasing 0.13% | ||||||||||||
| SMBC Aviation Capital Finance DAC (Ireland)†(d) | 5.20% | 7/23/2031 | 4,617,000 | 4,590,507 | ||||||||
| Water 0.19% | ||||||||||||
| Nova Securitisation SARL (Luxembourg)†(d) | 5.75% | 2/3/2031 | 7,110,000 | 6,829,404 | ||||||||
| Total Corporate Bonds (cost $1,508,296,090) | 1,488,902,274 | |||||||||||
| See Notes to Schedule of Investments. | 295 |
Schedule of Investments (unaudited)(continued)
TOTAL RETURN FUND August 31, 2026
| Investments | Interest Rate | Maturity Date | Principal Amount‡ | Fair Value | ||||||||
| FLOATING RATE LOANS(g) 1.77% | ||||||||||||
| Aerospace & Defense 0.09% | ||||||||||||
| TransDigm, Inc. 2026 Term Loan N | 6.186% (1 mo. USD Term SOFR + 2.50%) | 2/13/2033 | $ | 3,079,282 | $ | 3,091,784 | ||||||
| Airlines 0.10% | ||||||||||||
| American Airlines, Inc. 2025 Term Loan | 5.979% (3 mo. USD Term SOFR + 2.25%) | 4/20/2028 | 3,590,722 | 3,595,461 | ||||||||
| Diversified Financial Services 0.61% | ||||||||||||
| Avolon TLB Borrower 1 U.S. LLC 2023 Term Loan B6 | 5.403% (1 mo. USD Term SOFR + 1.75%) | 6/24/2030 | 10,235,111 | 10,272,520 | ||||||||
| Citadel Securities LP 2026 Term Loan B | 5.661% (3 mo. USD Term SOFR + 2.00%) | 6/10/2033 | 4,306,487 | 4,319,386 | ||||||||
| Hudson River Trading LLC 2026 Repriced Term Loan B | 6.159% (1 mo. USD Term SOFR + 2.50%) | 3/18/2030 | 7,228,182 | 7,225,760 | ||||||||
| Total | 21,817,666 | |||||||||||
| Electric 0.22% | ||||||||||||
| NRG Energy, Inc. 2024 Term Loan | 5.436% (1 mo. USD Term SOFR + 1.75%) | 4/16/2031 | 8,080,073 | 8,089,689 | ||||||||
| Entertainment 0.21% | ||||||||||||
| Flutter Financing BV 2024 Term Loan B (Netherlands)(d) | 5.482% (3 mo. USD Term SOFR + 1.75%) | 11/30/2030 | 7,775,642 | 7,641,201 | ||||||||
| Environmental Control 0.15% | ||||||||||||
| Clean Harbors, Inc. 2025 Term Loan | 5.186% (1 mo. USD Term SOFR + 1.50%) | 10/8/2032 | 5,299,370 | 5,333,021 | ||||||||
| Media 0.15% | ||||||||||||
| Charter Communications Operating LLC 2024 Term Loan B5 | 5.975% (3 mo. USD Term SOFR + 2.25%) | 12/15/2031 | 5,428,223 | 5,348,021 | ||||||||
| Pipelines 0.16% | ||||||||||||
| Colossus Acquireco LLC 2026 Term Loan B | 5.37% (3 mo. USD Term SOFR + 1.75%) | 1/31/2033 | 5,654,585 | 5,643,304 | ||||||||
| Retail 0.08% | ||||||||||||
| Raising Cane’s Restaurants LLC 2026 Term Loan B | 5.651% (1 mo. USD Term SOFR + 2.00%) | 6/6/2033 | 3,017,000 | 3,001,915 | ||||||||
| Total Floating Rate Loans (cost $63,702,942) | 63,562,062 | |||||||||||
| 296 | See Notes to Schedule of Investments. |
Schedule of Investments (unaudited)(continued)
TOTAL RETURN FUND August 31, 2026
| Investments | Interest Rate | Maturity Date | Principal Amount‡ | Fair Value | ||||||||
| FOREIGN GOVERNMENT OBLIGATIONS(d) 2.27% | ||||||||||||
| Canada 0.16% | ||||||||||||
| Province of Quebec | 4.625% | 6/3/2036 | $ | 5,865,000 | $ | 5,688,983 | ||||||
| France 0.25% | ||||||||||||
| Caisse d’Amortissement de la Dette Sociale | 4.00% | 2/12/2031 | 9,100,000 | 8,823,411 | ||||||||
| Hungary 0.25% | ||||||||||||
| Hungary Government International Bonds | 5.25% | 6/16/2029 | 1,100,000 | 1,106,434 | ||||||||
| Hungary Government International Bonds | 5.375% | 9/26/2030 | 7,700,000 | 7,773,572 | ||||||||
| Total | 8,880,006 | |||||||||||
| Italy 0.18% | ||||||||||||
| Republic of Italy Government International Bonds† | 6.00% | 7/14/2056 | 6,552,000 | 6,285,006 | ||||||||
| Japan 0.40% | ||||||||||||
| Development Bank of Japan, Inc.† | 4.375% | 8/28/2029 | 5,586,000 | 5,553,799 | ||||||||
| Japan Finance Organization for Municipalities | 4.125% | 4/2/2031 | 9,122,000 | 8,894,205 | ||||||||
| Total | 14,448,004 | |||||||||||
| Mexico 0.39% | ||||||||||||
| Eagle Funding Luxco SARL† | 5.50% | 8/17/2030 | 14,121,000 | 14,117,470 | ||||||||
| Panama 0.22% | ||||||||||||
| Panama Government International Bonds | 5.227% | 2/23/2034 | 8,242,000 | 7,977,844 | ||||||||
| Romania 0.22% | ||||||||||||
| Romania Government International Bonds† | 5.75% | 7/4/2036 | 2,640,000 | 2,488,438 | ||||||||
| Romania Government International Bonds† | 6.625% | 5/16/2036 | 5,534,000 | 5,544,930 | ||||||||
| Total | 8,033,368 | |||||||||||
| Uzbekistan 0.20% | ||||||||||||
| Republic of Uzbekistan International Bonds | 5.375% | 2/20/2029 | 921,000 | 921,739 | ||||||||
| Republic of Uzbekistan International Bonds | 7.85% | 10/12/2028 | 5,892,000 | 6,194,605 | ||||||||
| Total | 7,116,344 | |||||||||||
| Total Foreign Government Obligations (cost $82,393,810) | 81,370,436 | |||||||||||
| GOVERNMENT SPONSORED ENTERPRISES COLLATERALIZED MORTGAGE OBLIGATIONS 2.01% | ||||||||||||
| Federal Home Loan Mortgage Corp. Multifamily Structured Pass-Through Certificates Series K140 Class A2 | 2.25% | 1/25/2032 | 10,710,000 | 9,426,441 | ||||||||
| Federal Home Loan Mortgage Corp. Multifamily Structured Pass-Through Certificates Series K143 Class A2 | 2.35% | 3/25/2032 | 11,190,000 | 9,868,884 | ||||||||
| See Notes to Schedule of Investments. | 297 |
Schedule of Investments (unaudited)(continued)
TOTAL RETURN FUND August 31, 2026
| Investments | Interest Rate | Maturity Date | Principal Amount‡ | Fair Value | ||||||||
| GOVERNMENT SPONSORED ENTERPRISES COLLATERALIZED MORTGAGE OBLIGATIONS (continued) | ||||||||||||
| Federal Home Loan Mortgage Corp. Multifamily Structured Pass-Through Certificates Series K146 Class A2 | 2.92% | 6/25/2032 | $ | 9,590,000 | $ | 8,682,180 | ||||||
| Federal Home Loan Mortgage Corp. Multifamily Structured Pass-Through Certificates Series K-153 Class A2 | 3.82% | #(h) | 12/25/2032 | 9,360,000 | 8,841,112 | |||||||
| Federal Home Loan Mortgage Corp. Multifamily Structured Pass-Through Certificates Series K-154 Class A2 | 4.35% | #(h) | 1/25/2033 | 5,170,000 | 5,022,060 | |||||||
| Federal Home Loan Mortgage Corp. Multifamily Structured Pass-Through Certificates Series K-161 Class A2 | 4.90% | #(h) | 10/25/2033 | 5,520,000 | 5,511,851 | |||||||
| Federal Home Loan Mortgage Corp. Multifamily Structured Pass-Through Certificates Series KG07 Class A2 | 3.123% | #(h) | 8/25/2032 | 13,216,000 | 12,109,382 | |||||||
| Federal Home Loan Mortgage Corp. Multifamily Structured Pass-Through Certificates Series KG08 Class A2 | 4.134% | #(h) | 5/25/2033 | 12,960,000 | 12,440,656 | |||||||
| Total Government Sponsored Enterprises Collateralized Mortgage Obligations (cost $72,578,139) | 71,902,566 | |||||||||||
| GOVERNMENT SPONSORED ENTERPRISES PASS-THROUGHS 26.17% | ||||||||||||
| Federal Home Loan Mortgage Corp. | 2.00% | 9/1/2050 | 8,297,613 | 6,561,081 | ||||||||
| Federal Home Loan Mortgage Corp. | 2.50% | 4/1/2052 | 20,515,023 | 16,990,490 | ||||||||
| Federal Home Loan Mortgage Corp. | 3.50% | 1/1/2035 - 9/1/2051 | 21,078,256 | 19,005,064 | ||||||||
| Federal Home Loan Mortgage Corp. | 5.00% | 7/1/2052 - 11/1/2054 | 17,987,975 | 17,597,467 | ||||||||
| Federal Home Loan Mortgage Corp. | 5.424% (30 day USD SOFR Average + 2.35%) | # | 9/1/2055 | 6,540,312 | 6,576,409 | |||||||
| Federal Home Loan Mortgage Corp. | 5.50% | 7/1/2054 - 10/1/2054 | 17,075,739 | 17,167,751 | ||||||||
| Federal Home Loan Mortgage Corp. | 6.00% | 12/1/2053 - 3/1/2056 | 32,916,055 | 33,568,658 | ||||||||
| Federal National Mortgage Association | 2.50% | 8/1/2050 - 3/1/2052 | 59,491,869 | 49,379,371 | ||||||||
| Federal National Mortgage Association | 3.00% | 4/1/2051 | 16,486,234 | 14,228,273 | ||||||||
| Federal National Mortgage Association | 3.50% | 9/1/2051 - 6/1/2052 | 11,732,980 | 10,524,247 | ||||||||
| Federal National Mortgage Association | 4.00% | 8/1/2052 - 12/1/2053 | 20,655,036 | 18,983,270 | ||||||||
| Federal National Mortgage Association | 5.00% | 7/1/2052 - 1/1/2053 | 18,062,846 | 17,696,262 | ||||||||
| 298 | See Notes to Schedule of Investments. |
Schedule of Investments (unaudited)(continued)
TOTAL RETURN FUND August 31, 2026
| Investments | Interest Rate | Maturity Date | Principal Amount‡ | Fair Value | ||||||||
| GOVERNMENT SPONSORED ENTERPRISES PASS-THROUGHS (continued) | ||||||||||||
| Federal National Mortgage Association | 5.461% (30 day USD SOFR Average + 2.31%) | # | 10/1/2055 | $ | 23,494,542 | $ | 23,709,444 | |||||
| Federal National Mortgage Association | 5.50% | 10/1/2054 | 13,260,894 | 13,347,552 | ||||||||
| Federal National Mortgage Association | 6.00% | 10/1/2054 - 1/1/2055 | 7,387,100 | 7,612,721 | ||||||||
| Federal National Mortgage Association | 6.053% (30 day USD SOFR Average + 2.33%) | # | 5/1/2055 | 8,317,952 | 8,486,129 | |||||||
| Federal National Mortgage Association | 6.236% (30 day USD SOFR Average + 2.11%) | # | 11/1/2054 | 13,891,308 | 14,197,918 | |||||||
| Government National Mortgage Association(i) | 2.00% | TBA | 8,873,000 | 7,114,725 | ||||||||
| Government National Mortgage Association(i) | 2.50% | TBA | 27,120,000 | 22,654,770 | ||||||||
| Government National Mortgage Association(i) | 3.00% | TBA | 69,052,000 | 59,966,888 | ||||||||
| Government National Mortgage Association(i) | 4.50% | TBA | 43,238,000 | 40,451,674 | ||||||||
| Government National Mortgage Association(i) | 5.00% | TBA | 36,685,000 | 35,483,175 | ||||||||
| Government National Mortgage Association(i) | 5.50% | TBA | 2,016,000 | 1,999,066 | ||||||||
| Government National Mortgage Association(i) | 6.00% | TBA | 30,957,613 | 31,504,276 | ||||||||
| Uniform Mortgage-Backed Security(i) | 2.00% | TBA | 24,293,000 | 18,943,614 | ||||||||
| Uniform Mortgage-Backed Security(i) | 2.50% | TBA | 35,111,000 | 28,629,087 | ||||||||
| Uniform Mortgage-Backed Security(i) | 3.00% | TBA | 21,248,000 | 18,111,243 | ||||||||
| Uniform Mortgage-Backed Security(i) | 3.50% | TBA | 3,314,000 | 2,936,126 | ||||||||
| Uniform Mortgage-Backed Security(i) | 4.50% | TBA | 64,158,000 | 62,355,680 | ||||||||
| Uniform Mortgage-Backed Security(i) | 5.00% | TBA | 90,655,000 | 88,969,234 | ||||||||
| Uniform Mortgage-Backed Security(i) | 5.50% | TBA | 164,305,000 | 163,021,509 | ||||||||
| Uniform Mortgage-Backed Security(i) | 6.00% | TBA | 44,051,000 | 44,610,957 | ||||||||
| Uniform Mortgage-Backed Security(i) | 6.50% | TBA | 9,100,000 | 9,378,048 | ||||||||
| Uniform Mortgage-Backed Security(i) | 7.00% | TBA | 6,968,000 | 7,289,753 | ||||||||
| Total Government Sponsored Enterprises Pass-Throughs (cost $950,042,570) | 939,051,932 | |||||||||||
| NON-AGENCY COMMERCIAL MORTGAGE-BACKED SECURITIES 11.17% | ||||||||||||
| Bank Series 2019-BN21 Class A5 | 2.851% | 10/17/2052 | 5,340,000 | 5,004,742 | ||||||||
| Bank5 Series 2026-5YR24 Class A3 | 5.832% | 8/15/2031 | 1,350,000 | 1,385,397 | ||||||||
| Bayview Opportunity Master Fund VI Trust Series 2021-6 Class A2† | 2.50% | #(h) | 10/25/2051 | 6,495,722 | 5,221,819 | |||||||
| BBCMS Mortgage Trust Series 2023-C21 Class A5 | 6.00% | #(h) | 9/15/2056 | 6,900,000 | 7,157,422 | |||||||
| BBCMS Mortgage Trust Series 2025-5C33 Class A4 | 5.839% | 3/15/2058 | 3,120,000 | 3,187,836 | ||||||||
| Benchmark Mortgage Trust Series 2024-V11 Class A3 | 5.909% | #(h) | 11/15/2057 | 4,980,000 | 5,084,690 | |||||||
| Benchmark Mortgage Trust Series 2024-V12 Class A3 | 5.739% | 12/15/2057 | 4,160,000 | 4,229,956 | ||||||||
| See Notes to Schedule of Investments. | 299 |
Schedule of Investments (unaudited)(continued)
TOTAL RETURN FUND August 31, 2026
| Investments | Interest Rate | Maturity Date | Principal Amount‡ | Fair Value | ||||||||
| NON-AGENCY COMMERCIAL MORTGAGE-BACKED SECURITIES (continued) | ||||||||||||
| Benchmark Mortgage Trust Series 2024-V9 Class A3 | 5.602% | 8/15/2057 | $ | 4,910,000 | $ | 4,965,826 | ||||||
| Benchmark Mortgage Trust Series 2026-V23 Class A3 | 5.853% | 8/28/2059 | 1,540,000 | 1,579,569 | ||||||||
| BMO Mortgage Trust Series 2023-C5 Class A4 | 5.494% | 6/15/2056 | 4,770,000 | 4,798,418 | ||||||||
| BMO Mortgage Trust Series 2024-5C5 Class A3 | 5.857% | 2/15/2057 | 5,940,000 | 6,042,800 | ||||||||
| BMO Mortgage Trust Series 2024-5C8 Class A3 | 5.625% | #(h) | 12/15/2057 | 14,630,000 | 14,808,188 | |||||||
| BX Commercial Mortgage Trust Series 2026-CSMO Class B† | 5.339% (1 mo. USD Term SOFR + 1.70%) | # | 2/15/2043 | 3,580,000 | 3,610,984 | |||||||
| BX Trust Series 2025-ARIA Class A† | 5.199% | #(h) | 12/13/2042 | 5,610,000 | 5,555,127 | |||||||
| BX Trust Series 2025-ROIC Class B† | 5.033% (1 mo. USD Term SOFR + 1.39%) | # | 3/15/2030 | 6,391,019 | 6,382,554 | |||||||
| BX Trust Series 2025-VOLT Class D† | 6.389% (1 mo. USD Term SOFR + 2.75%) | # | 12/15/2044 | 4,590,000 | 4,589,510 | |||||||
| CIM Trust Series 2021-INV1 Class A2† | 2.50% | #(h) | 7/1/2051 | 8,892,564 | 7,153,934 | |||||||
| CIM Trust Series 2021-J1 Class A1† | 2.50% | #(h) | 3/25/2051 | 7,335,815 | 5,926,452 | |||||||
| CIM Trust Series 2021-J3 Class A1† | 2.50% | #(h) | 6/25/2051 | 11,546,941 | 9,289,339 | |||||||
| Citigroup Mortgage Loan Trust, Inc. Series 2022-INV1 Class A3B† | 3.00% | #(h) | 11/27/2051 | 1,865,291 | 1,561,868 | |||||||
| CONE Trust Series 2024-DFW1 Class A† | 5.281% (1 mo. USD Term SOFR + 1.64%) | # | 8/15/2041 | 3,880,000 | 3,866,658 | |||||||
| CSAIL Commercial Mortgage Trust Series 2019-C15 Class A4 | 4.053% | 3/15/2052 | 6,097,846 | 5,941,428 | ||||||||
| DBC Mortgage Trust Series 2025-DBC Class A† | 4.989% (1 mo. USD Term SOFR + 1.35%) | # | 11/15/2042 | 3,900,000 | 3,909,711 | |||||||
| Ellington Financial Mortgage Trust Series 2025-INV2 Class A1† | 5.387% | (a) | 5/26/2070 | 3,942,710 | 3,921,149 | |||||||
| ESTN Trust Series 2026-TOWN Class A† | 5.538% | #(h) | 5/12/2046 | 5,230,000 | 5,177,076 | |||||||
| Federal Home Loan Mortgage Corp. STACR REMICS Trust Series 2022-DNA1 Class M2† | 6.143% (30 day USD SOFR Average + 2.50%) | # | 1/25/2042 | 4,080,000 | 4,101,215 | |||||||
| Federal Home Loan Mortgage Corp. STACR REMICS Trust Series 2022-DNA2 Class M2† | 7.393% (30 day USD SOFR Average + 3.75%) | # | 2/25/2042 | 1,700,000 | 1,722,203 | |||||||
| Federal Home Loan Mortgage Corp. STACR REMICS Trust Series 2022-DNA3 Class M2† | 7.993% (30 day USD SOFR Average + 4.35%) | # | 4/25/2042 | 1,714,000 | 1,749,004 | |||||||
| Federal Home Loan Mortgage Corp. STACR REMICS Trust Series 2022-HQA1 Class M2† | 8.893% (30 day USD SOFR Average + 5.25%) | # | 3/25/2042 | 4,120,000 | 4,210,832 | |||||||
| 300 | See Notes to Schedule of Investments. |
Schedule of Investments (unaudited)(continued)
TOTAL RETURN FUND August 31, 2026
| Investments | Interest Rate | Maturity Date | Principal Amount‡ | Fair Value | ||||||||
| NON-AGENCY COMMERCIAL MORTGAGE-BACKED SECURITIES (continued) | ||||||||||||
| Federal National Mortgage Association Connecticut Avenue Securities Trust Series 2021-R01 Class 1M2† | 5.193% (30 day USD SOFR Average + 1.55%) | # | 10/25/2041 | $ | 1,251,473 | $ | 1,251,577 | |||||
| Federal National Mortgage Association Connecticut Avenue Securities Trust Series 2023-R03 Class 2M2† | 7.543% (30 day USD SOFR Average + 3.90%) | # | 4/25/2043 | 3,663,524 | 3,804,900 | |||||||
| Federal National Mortgage Association Connecticut Avenue Securities Trust Series 2023-R04 Class 1M1† | 5.943% (30 day USD SOFR Average + 2.30%) | # | 5/25/2043 | 2,713,827 | 2,748,699 | |||||||
| Federal National Mortgage Association Connecticut Avenue Securities Trust Series 2026-R04 Class 2A1† | 4.543% (30 day USD SOFR Average + 0.90%) | # | 7/25/2046 | 7,169,295 | 7,168,370 | |||||||
| Federal National Mortgage Association-ACES Series 2025-M4 Class A2 | 4.389% | 8/25/2035 | 12,070,000 | 11,574,611 | ||||||||
| Flagstar Mortgage Trust Series 2021-12 Class A2† | 2.50% | #(h) | 11/25/2051 | 3,070,848 | 2,482,101 | |||||||
| GCAT Trust Series 2022-INV1 Class A1† | 3.00% | #(h) | 12/25/2051 | 9,135,947 | 7,672,623 | |||||||
| GS Mortgage-Backed Securities Trust Series 2021-MM1 Class A2† | 2.50% | #(h) | 4/25/2052 | 11,104,945 | 8,961,520 | |||||||
| GS Mortgage-Backed Securities Trust Series 2021-PJ2 Class A2† | 2.50% | #(h) | 7/25/2051 | 5,956,753 | 4,814,715 | |||||||
| GS Mortgage-Backed Securities Trust Series 2021-PJ9 Class A2† | 2.50% | #(h) | 2/26/2052 | 3,319,079 | 2,674,457 | |||||||
| GS Mortgage-Backed Securities Trust Series 2022-PJ6 Class A4† | 3.00% | #(h) | 1/25/2053 | 9,691,926 | 8,151,161 | |||||||
| Hudsons Bay Simon JV Trust Series 2015-HB10 Class XB10†(j) | 0.723% | #(h) | 8/5/2034 | 19,156,000 | 2,098 | |||||||
| JP Morgan Mortgage Trust Series 2021-13 Class A3† | 2.50% | #(h) | 4/25/2052 | 4,869,643 | 3,936,027 | |||||||
| JP Morgan Mortgage Trust Series 2021-14 Class A3† | 2.50% | #(h) | 5/25/2052 | 687,626 | 556,205 | |||||||
| JP Morgan Mortgage Trust Series 2021-15 Class A2† | 3.00% | #(h) | 6/25/2052 | 5,895,834 | 4,963,258 | |||||||
| JP Morgan Mortgage Trust Series 2021-4 Class A3† | 2.50% | #(h) | 8/25/2051 | 5,146,974 | 4,166,355 | |||||||
| JP Morgan Mortgage Trust Series 2021-8 Class A3† | 2.50% | #(h) | 12/25/2051 | 6,021,764 | 4,867,263 | |||||||
| JP Morgan Mortgage Trust Series 2021-INV8 Class A2† | 3.00% | #(h) | 5/25/2052 | 5,671,276 | 4,748,741 | |||||||
| See Notes to Schedule of Investments. | 301 |
Schedule of Investments (unaudited)(continued)
TOTAL RETURN FUND August 31, 2026
| Investments | Interest Rate | Maturity Date | Principal Amount‡ | Fair Value | ||||||||
| NON-AGENCY COMMERCIAL MORTGAGE-BACKED SECURITIES (continued) | ||||||||||||
| JP Morgan Mortgage Trust Series 2022-1 Class A2† | 3.00% | #(h) | 7/25/2052 | $ | 3,825,193 | $ | 3,212,504 | |||||
| JP Morgan Mortgage Trust Series 2022-1 Class A3† | 2.50% | #(h) | 7/25/2052 | 871,922 | 701,448 | |||||||
| JP Morgan Mortgage Trust Series 2022-3 Class A2† | 3.00% | #(h) | 8/25/2052 | 11,323,769 | 9,538,279 | |||||||
| JP Morgan Mortgage Trust Series 2022-INV1 Class A3† | 3.00% | #(h) | 3/25/2052 | 9,642,731 | 8,074,167 | |||||||
| JP Morgan Mortgage Trust Series 2022-INV3 Class A3B† | 3.00% | #(h) | 9/25/2052 | 5,580,471 | 4,711,148 | |||||||
| JP Morgan Mortgage Trust Series 2025-DSC1 Class A1† | 5.577% | #(h) | 9/25/2065 | 6,738,069 | 6,714,536 | |||||||
| JP Morgan Mortgage Trust Series 2025-VIS3 Class A1† | 5.062% | #(h) | 2/25/2066 | 3,443,425 | 3,398,313 | |||||||
| JP Morgan Mortgage Trust Series 2026-NQM1 Class A1FC† | 4.601% | (a) | 6/25/2066 | 3,897,164 | 3,846,244 | |||||||
| JP Morgan Mortgage Trust Series 2026-NQM2 Class A1FC† | 5.05% | (a) | 9/25/2066 | 5,349,428 | 5,301,695 | |||||||
| KIND Commercial Mortgage Trust Series 2024-1 Class A† | 5.529% (1 mo. USD Term SOFR + 1.89%) | # | 8/15/2041 | 2,550,000 | 2,554,864 | |||||||
| LoanCore Issuer Ltd. Series 2025-CRE8 Class A† | 5.024% (1 mo. USD Term SOFR + 1.39%) | # | 8/17/2042 | 6,190,000 | 6,195,865 | |||||||
| Morgan Stanley Residential Mortgage Loan Trust Series 2025-DSC2 Class A1† | 5.443% | #(h) | 7/25/2070 | 6,924,212 | 6,892,028 | |||||||
| Morgan Stanley Residential Mortgage Loan Trust Series 2026-DSC1 Class A1FC† | 4.617% | (a) | 1/25/2071 | 3,189,860 | 3,150,173 | |||||||
| NYC Commercial Mortgage Trust Series 2026-1PARK Class C† | 5.489% (1 mo. USD Term SOFR + 1.85%) | # | 2/15/2043 | 2,520,000 | 2,526,366 | |||||||
| NYMT Loan Trust Series 2025-INV2 Class A1† | 5.00% | #(h) | 10/25/2060 | 7,066,077 | 6,979,577 | |||||||
| NYMT Loan Trust Series 2026-INV1 Class A1FC† | 4.614% | (a) | 2/25/2061 | 1,602,523 | 1,584,286 | |||||||
| OBX Trust Series 2025-NQM16 Class A1† | 4.905% | #(h) | 8/25/2065 | 2,519,310 | 2,488,678 | |||||||
| OBX Trust Series 2025-NQM17 Class A1FC† | 4.848% | (a) | 8/25/2065 | 4,018,168 | 3,984,289 | |||||||
| OBX Trust Series 2026-NQM6 Class A1FC† | 5.063% | (a) | 4/26/2066 | 6,878,461 | 6,827,006 | |||||||
| OBX Trust Series 2026-NQM7 Class A1FC† | 5.22% | (a) | 4/25/2066 | 3,261,332 | 3,242,485 | |||||||
| PSA Trust Series 2026-STOR Class A† | 5.554% | #(h) | 8/15/2031 | 3,050,000 | 3,056,285 | |||||||
| Rate Mortgage Trust Series 2021-HB1 Class A1† | 2.50% | #(h) | 12/25/2051 | 6,967,317 | 5,622,491 | |||||||
| RCKT Mortgage Trust Series 2021-4 Class A1† | 2.50% | #(h) | 9/25/2051 | 6,798,986 | 5,529,413 | |||||||
| ROCK Trust Series 2024-CNTR Class A† | 5.388% | 11/13/2041 | 4,580,000 | 4,598,600 | ||||||||
| Starwood Mortgage Residential Trust Series 2020-1 Class A1† | 2.275% | #(h) | 2/25/2050 | 54,173 | 52,270 | |||||||
| 302 | See Notes to Schedule of Investments. |
Schedule of Investments (unaudited)(continued)
TOTAL RETURN FUND August 31, 2026
| Investments | Interest Rate | Maturity Date | Principal Amount‡ | Fair Value | ||||||||
| NON-AGENCY COMMERCIAL MORTGAGE-BACKED SECURITIES (continued) | ||||||||||||
| SWCH Commercial Mortgage Trust Series 2025-DATA Class A† | 5.082% (1 mo. USD Term SOFR + 1.44%) | # | 2/15/2042 | $ | 9,040,000 | $ | 8,978,386 | |||||
| TEXAS Commercial Mortgage Trust Series 2025-TWR Class B† | 5.232% (1 mo. USD Term SOFR + 1.59%) | # | 4/15/2042 | 6,660,000 | 6,672,511 | |||||||
| Verus Securitization Trust Series 2025-9 Class A1† | 4.935% | #(h) | 10/27/2070 | 2,648,787 | 2,615,535 | |||||||
| Verus Securitization Trust Series 2026-1 Class A1FC† | 4.743% | (a) | 1/25/2071 | 1,805,056 | 1,785,703 | |||||||
| Verus Securitization Trust Series 2026-2 Class A1FC† | 4.507% | (a) | 2/25/2071 | 2,877,096 | 2,831,338 | |||||||
| Verus Securitization Trust Series 2026-3 Class A1FC† | 4.927% | (a) | 3/25/2071 | 4,279,646 | 4,240,557 | |||||||
| Verus Securitization Trust Series 2026-R3 Class A1FC† | 5.19% | (a) | 2/27/2068 | 841,933 | 837,666 | |||||||
| Wells Fargo Commercial Mortgage Trust Series 2019-C51 Class A3 | 3.055% | 6/15/2052 | 6,138,436 | 5,845,301 | ||||||||
| Wells Fargo Commercial Mortgage Trust Series 2021-C61 Class A4 | 2.658% | 11/15/2054 | 6,270,000 | 5,536,342 | ||||||||
| Wells Fargo Commercial Mortgage Trust Series 2022-C62 Class A4 | 4.00% | #(h) | 4/15/2055 | 5,620,000 | 5,251,808 | |||||||
| Wells Fargo Commercial Mortgage Trust Series 2025-5C4 Class A3 | 5.673% | 5/15/2058 | 8,250,000 | 8,387,874 | ||||||||
| Wells Fargo Commercial Mortgage Trust Series 2025-C65 Class A5 | 5.292% | 10/15/2058 | 9,590,000 | 9,521,881 | ||||||||
| Wells Fargo Mortgage-Backed Securities Trust Series 2022-2 Class A2† | 2.50% | #(h) | 12/25/2051 | 927,370 | 748,416 | |||||||
| Total Non-Agency Commercial Mortgage-Backed Securities (cost $407,539,546) | 400,716,716 | |||||||||||
| U.S. TREASURY OBLIGATIONS 14.36% | ||||||||||||
| U.S. Treasury Bonds | 4.75% | 2/15/2045 | 62,864,000 | 59,343,862 | ||||||||
| U.S. Treasury Bonds | 4.75% | 11/15/2053 | 116,255,000 | 107,499,545 | ||||||||
| U.S. Treasury Bonds | 4.75% | 5/15/2055 | 87,073,000 | 80,552,729 | ||||||||
| U.S. Treasury Bonds | 4.75% | 2/15/2056 | 55,265,000 | 51,180,571 | ||||||||
| U.S. Treasury Bonds | 4.875% | 8/15/2045 | 71,381,000 | 68,313,848 | ||||||||
| U.S. Treasury Bonds | 5.00% | 5/15/2046 | 91,250,000 | 88,576,660 | ||||||||
| U.S. Treasury Inflation-Indexed Notes(k) | 0.125% | 4/15/2027 | 36,670,210 | 36,096,054 | ||||||||
| U.S. Treasury Notes | 4.125% | 5/31/2031 | 24,069,000 | 23,693,862 | ||||||||
| Total U.S. Treasury Obligations (cost $535,772,506) | 515,257,131 | |||||||||||
| Total Long-Term Investments (cost $4,208,567,947) | 4,148,234,526 | |||||||||||
| See Notes to Schedule of Investments. | 303 |
Schedule of Investments (unaudited)(continued)
TOTAL RETURN FUND August 31, 2026
| Investments | Principal Amount‡ | Fair Value | ||||||
| SHORT-TERM INVESTMENTS 2.27% | ||||||||
| REPURCHASE AGREEMENTS 1.53% | ||||||||
| Repurchase Agreement dated 8/31/2026, 3.250% due 9/1/2026 with Fixed Income Clearing Corp. collateralized by $27,960,300 of U.S. Treasury Bill at 0.000% due 2/25/2027; value: $27,427,581; proceeds: $26,892,146 (cost $26,889,719) | $ | 26,889,719 | $ | 26,889,719 | ||||
| Repurchase Agreement dated 8/31/2026, 3.670% due 9/1/2026 with JPMorgan Securities LLC collateralized by $28,681,200 of U.S. Treasury Bond at 4.375% due 5/15/2034; value: $28,571,429; proceeds: $28,002,854 (cost $28,000,000) | 28,000,000 | 28,000,000 | ||||||
| Total Repurchase Agreements (cost $54,889,719) | 54,889,719 | |||||||
| TIME DEPOSITS 0.07% | ||||||||
| CitiBank N.A.(l) (cost $2,667,064) | 2,667,064 | 2,667,064 | ||||||
| Shares | ||||||||
| MONEY MARKET FUNDS 0.67% | ||||||||
| Fidelity Government Portfolio(l) (cost $24,003,573) | 24,003,573 | 24,003,573 | ||||||
| Total Short-Term Investments (cost $81,560,356) | 81,560,356 | |||||||
| Total Investments in Securities 117.89% (cost $4,290,128,303) | 4,229,794,882 | |||||||
| Other Assets and Liabilities – Net (17.89)% | (641,961,171 | ) | ||||||
| Net Assets 100.00% | $ | 3,587,833,711 | ||||||
| CMT | Constant Maturity Rate. | |
| REITS | Real Estate Investment Trusts. | |
| REMICS | Real Estate Mortgage Investment Conduits. | |
| SOFR | Secured Overnight Financing Rate. | |
| STACR | Structured Agency Credit Risk. | |
| ‡ | Principal Amount is denominated in U.S. dollars unless otherwise noted. | |
| † | Security was purchased pursuant to Rule 144A under the Securities Act of 1933 and, unless registered under such Act or exempted from registration, may only be resold to qualified institutional buyers. At August 31, 2026, the total value of Rule 144A securities was $1,491,960,338, which represents 41.58% of net assets. | |
| # | Variable rate security. The interest rate represents the rate in effect at August 31, 2026. | |
| (a) | Step Bond – Security with a predetermined schedule of interest rate changes. | |
| (b) | Securities purchased on a when-issued basis. | |
| (c) | Interest rate to be determined. | |
| (d) | Foreign security traded in U.S. dollars. | |
| (e) | All or a portion of this security is temporarily on loan to unaffiliated broker/dealers. | |
| (f) | Defaulted. | |
| (g) | Floating Rate Loans in which the Fund invests generally pay interest at rates which are periodically re-determined at a margin above the SOFR or the prime rate offered by major U.S. banks. The rate(s) shown is the rate(s) in effect at August 31, 2026. | |
| 304 | See Notes to Schedule of Investments. |
Schedule of Investments (unaudited)(continued)
TOTAL RETURN FUND August 31, 2026
| (h) | Interest rate is based on the weighted average interest rates of the underlying mortgages within the mortgage pool. | |
| (i) | To-be-announced (“TBA”). Security purchased on a forward commitment basis with an approximate principal and maturity date. Actual principal and maturity will be determined upon settlement when the specific mortgage pools are assigned. | |
| (j) | Interest-only security. The principal amount shown is a notional amount representing the outstanding principal of the underlying debt obligation(s). Holders of interest-only securities do not receive principal payments on the underlying debt obligation(s). | |
| (k) | Treasury Inflation Protected Security. A U.S. Treasury Note or Bond that offers protection from inflation by paying a fixed rate of interest on a principal amount that is adjusted for inflation based on the Consumer Price Index. | |
| (l) | Security was purchased with the cash collateral from loaned securities. |
Futures Contracts at August 31, 2026:
| Type | Expiration | Contracts | Position | Notional Amount | Notional Value | Unrealized Appreciation | |||||||||||||||||||
| U.S. 10-Year Ultra Treasury Note | December 2026 | 115 | Short | $ | (12,661,818 | ) | $ | (12,583,516 | ) | $78,302 | |||||||||||||||
| Type | Expiration | Contracts | Position | Notional Amount | Notional Value | Unrealized Depreciation | |||||||||||||||||||
| U.S. 2-Year Treasury Note | December 2026 | 337 | Long | $ | 69,338,469 | $ | 69,163,985 | $ | (174,484 | ) | |||||||||||||||
| U.S. 5-Year Treasury Note | December 2026 | 690 | Long | 73,275,134 | 72,935,156 | (339,978 | ) | ||||||||||||||||||
| Total Unrealized Depreciation on Futures Contracts | $ | (514,462 | ) | ||||||||||||||||||||||
The following is a summary of the inputs used as of August 31, 2026 in valuing the Fund’s investments carried at fair value(1):
| Investment Type(2) | Level 1 | Level 2 | Level 3 | Total | ||||||||||||
| Long-Term Investments | ||||||||||||||||
| Asset-Backed Securities | $ | – | $ | 587,471,409 | $ | – | $ | 587,471,409 | ||||||||
| Corporate Bonds | – | 1,488,902,274 | – | 1,488,902,274 | ||||||||||||
| Floating Rate Loans | – | 63,562,062 | – | 63,562,062 | ||||||||||||
| Foreign Government Obligations | – | 81,370,436 | – | 81,370,436 | ||||||||||||
| Government Sponsored Enterprises Collateralized Mortgage Obligations | – | 71,902,566 | – | 71,902,566 | ||||||||||||
| Government Sponsored Enterprises Pass-Throughs | – | 939,051,932 | – | 939,051,932 | ||||||||||||
| Non-Agency Commercial Mortgage-Backed Securities | – | 400,716,716 | – | 400,716,716 | ||||||||||||
| U.S. Treasury Obligations | – | 515,257,131 | – | 515,257,131 | ||||||||||||
| Short-Term Investments | ||||||||||||||||
| Repurchase Agreements | – | 54,889,719 | – | 54,889,719 | ||||||||||||
| Time Deposits | – | 2,667,064 | – | 2,667,064 | ||||||||||||
| Money Market Funds | 24,003,573 | – | – | 24,003,573 | ||||||||||||
| Total | $ | 24,003,573 | $ | 4,205,791,309 | $ | – | $ | 4,229,794,882 | ||||||||
| Other Financial Instruments | ||||||||||||||||
| Futures Contracts | ||||||||||||||||
| Assets | $ | 78,302 | $ | – | $ | – | $ | 78,302 | ||||||||
| Liabilities | (514,462 | ) | – | – | (514,462 | ) | ||||||||||
| Total | $ | (436,160 | ) | $ | – | $ | – | $ | (436,160 | ) | ||||||
| See Notes to Schedule of Investments. | 305 |
Schedule of Investments (unaudited)(concluded)
TOTAL RETURN FUND August 31, 2026
| (1) | Refer to Note 2(a) for a description of fair value measurements and the three-tier hierarchy of inputs. | |
| (2) | See Schedule of Investments for fair values in each industry and identification of foreign issuers and/or geography. When applicable, each Level 3 security is identified on the Schedule of Investments along with the valuation technique utilized. |
A reconciliation of Level 3 investments is presented when the Fund has a material amount of Level 3 investments at the beginning or end of the period in relation to the Fund’s net assets. Management has determined not to provide a reconciliation and a summary of unobservable inputs as the balance of Level 3 investments was not considered to be material to the Fund’s net assets at the beginning or end of the period.
| 306 | See Notes to Schedule of Investments. |
Schedule of Investments (unaudited)
ULTRA SHORT BOND FUND August 31, 2026
| Investments | Interest Rate | Maturity Date | Principal Amount | Fair Value | ||||||||
| LONG-TERM INVESTMENTS 90.10% | ||||||||||||
| ASSET-BACKED SECURITIES 26.93% | ||||||||||||
| Automobiles 16.82% | ||||||||||||
| Ally Auto Receivables Trust Series 2023-1 Class C† | 5.96% | 3/15/2029 | $ | 6,143,000 | $ | 6,209,023 | ||||||
| Ally Bank Auto Credit-Linked Notes Series 2024-A Class A2† | 5.681% | 5/17/2032 | 5,996,991 | 6,061,683 | ||||||||
| American Credit Acceptance Receivables Trust Series 2026-3 Class A† | 4.60% | 6/10/2030 | 68,000,000 | 68,048,579 | ||||||||
| American Heritage Auto Receivables Issuer Trust Series 2026-1A Class A2† | 4.49% | 12/17/2029 | 12,650,000 | 12,638,728 | ||||||||
| AmeriCredit Automobile Receivables Trust Series 2023-2 Class A3 | 5.81% | 5/18/2028 | 3,634,485 | 3,641,196 | ||||||||
| AmeriCredit Automobile Receivables Trust Series 2024-1 Class A3 | 5.43% | 1/18/2029 | 10,562,975 | 10,599,449 | ||||||||
| AmeriCredit Automobile Receivables Trust Series 2026-1 Class A2† | 4.03% | 4/18/2029 | 30,000,000 | 29,967,816 | ||||||||
| AmeriCredit Automobile Receivables Trust Series 2026-1 Class A3† | 4.15% | 11/18/2032 | 32,154,000 | 31,944,086 | ||||||||
| ARI Fleet Lease Trust Series 2024-B Class A2† | 5.54% | 4/15/2033 | 4,029,795 | 4,041,998 | ||||||||
| AutoNation Finance Trust Series 2026-1A Class A2† | 3.95% | 1/11/2029 | 22,767,758 | 22,735,235 | ||||||||
| Bank of America Auto Trust Series 2023-1A Class A3† | 5.53% | 2/15/2028 | 4,813,709 | 4,824,524 | ||||||||
| Bank of America Auto Trust Series 2023-2A Class A3† | 5.74% | 6/15/2028 | 23,209,453 | 23,303,344 | ||||||||
| BMW Vehicle Owner Trust Series 2024-A Class A3 | 5.18% | 2/26/2029 | 9,485,136 | 9,527,453 | ||||||||
| Bank of America Auto Trust Series 2024-1A Class A3† | 5.35% | 11/15/2028 | 3,077,418 | 3,090,638 | ||||||||
| Bridgecrest Lending Auto Securitization Trust Series 2026-3 Class A2 | 4.46% | 2/15/2029 | 19,000,000 | 19,005,782 | ||||||||
| CarMax Auto Owner Trust Series 2023-2 Class A3 | 5.05% | 1/18/2028 | 4,257,974 | 4,262,295 | ||||||||
| CarMax Auto Owner Trust Series 2023-2 Class B | 5.18% | 11/15/2028 | 1,865,000 | 1,873,241 | ||||||||
| CarMax Auto Owner Trust Series 2023-3 Class A3 | 5.28% | 5/15/2028 | 9,196,795 | 9,220,958 | ||||||||
| CarMax Auto Owner Trust Series 2023-4 Class A3 | 6.00% | 7/17/2028 | 39,658,165 | 39,883,332 | ||||||||
| CarMax Auto Owner Trust Series 2023-4 Class A4 | 5.96% | 5/15/2029 | 7,102,000 | 7,194,161 | ||||||||
| See Notes to Schedule of Investments. | 307 |
Schedule of Investments (unaudited)(continued)
ULTRA SHORT BOND FUND August 31, 2026
| Investments | Interest Rate | Maturity Date | Principal Amount | Fair Value | ||||||||
| Automobiles (continued) | ||||||||||||
| CarMax Auto Owner Trust Series 2024-2 Class A3 | 5.50% | 1/16/2029 | $ | 9,387,688 | $ | 9,448,241 | ||||||
| CarMax Auto Owner Trust Series 2025-1 Class A2A | 4.63% | 3/15/2028 | 1,475,276 | 1,475,455 | ||||||||
| CarMax Auto Owner Trust Series 2025-3 Class A2A | 4.42% | 8/15/2028 | 14,643,592 | 14,652,370 | ||||||||
| CarMax Auto Owner Trust Series 2026-1 Class A2A | 3.87% | 4/16/2029 | 4,168,361 | 4,160,388 | ||||||||
| CarMax Auto Owner Trust Series 2026-2 Class A2A | 4.11% | 8/15/2029 | 21,000,000 | 20,958,080 | ||||||||
| CarMax Auto Owner Trust Series 2026-3 Class A2 | 4.36% | 10/15/2029 | 25,000,000 | 25,002,510 | ||||||||
| CarMax Select Receivables Trust Series 2024-A Class A3 | 5.40% | 11/15/2028 | 11,211,560 | 11,253,612 | ||||||||
| CarMax Select Receivables Trust Series 2025-B Class A2 | 4.19% | 3/15/2029 | 9,642,551 | 9,638,544 | ||||||||
| CarMax Select Receivables Trust Series 2026-A Class A2A | 4.03% | 12/17/2029 | 25,433,785 | 25,375,340 | ||||||||
| Carvana Auto Receivables Trust Series 2022-P2 Class C | 5.44% | 5/10/2028 | 14,500,000 | 14,581,177 | ||||||||
| Carvana Auto Receivables Trust Series 2023-P5 Class A3† | 5.62% | 1/10/2029 | 2,151,636 | 2,158,508 | ||||||||
| Chesapeake Funding II LLC Series 2024-1A Class A1† | 5.52% | 5/15/2036 | 9,049,204 | 9,080,056 | ||||||||
| Citizens Auto Receivables Trust Series 2023-1 Class A3† | 5.84% | 1/18/2028 | 322,098 | 322,300 | ||||||||
| Citizens Auto Receivables Trust Series 2023-2 Class A3† | 5.83% | 2/15/2028 | 6,492,690 | 6,501,798 | ||||||||
| CPS Auto Receivables Trust Series 2026-A Class A† | 4.19% | 12/17/2029 | 3,073,576 | 3,069,872 | ||||||||
| CPS Auto Receivables Trust Series 2026-C Class A† | 4.52% | 4/15/2030 | 24,918,099 | 24,918,181 | ||||||||
| Drive Auto Receivables Trust Series 2024-1 Class C | 5.43% | 11/17/2031 | 17,750,000 | 17,897,801 | ||||||||
| Enterprise Fleet Financing LLC Series 2023-2 Class A3† | 5.50% | 4/22/2030 | 15,002,000 | 15,071,441 | ||||||||
| Enterprise Fleet Financing LLC Series 2024-1 Class A2† | 5.23% | 3/20/2030 | 12,261,601 | 12,295,721 | ||||||||
| Enterprise Fleet Financing LLC Series 2025-1 Class A2† | 4.65% | 10/20/2027 | 9,171,746 | 9,183,291 | ||||||||
| Enterprise Fleet Financing LLC Series 2025-2 Class A2† | 4.51% | 2/22/2028 | 34,865,855 | 34,901,230 | ||||||||
| 308 | See Notes to Schedule of Investments. |
Schedule of Investments (unaudited)(continued)
ULTRA SHORT BOND FUND August 31, 2026
| Investments | Interest Rate | Maturity Date | Principal Amount | Fair Value | ||||||||
| Automobiles (continued) | ||||||||||||
| Enterprise Fleet Financing LLC Series 2026-2 Class A2† | 4.33% | 2/20/2029 | $ | 21,500,000 | $ | 21,449,888 | ||||||
| Enterprise Fleet Financing LLC Series 2026-3 Class A2† | 4.50% | 5/21/2029 | 20,000,000 | 19,977,530 | ||||||||
| Exeter Automobile Receivables Trust Series 2024-5A Class B | 4.48% | 4/16/2029 | 4,660,605 | 4,662,745 | ||||||||
| Exeter Automobile Receivables Trust Series 2025-2A Class A3 | 4.74% | 1/16/2029 | 3,725,337 | 3,727,286 | ||||||||
| Exeter Automobile Receivables Trust Series 2025-5A Class A3 | 4.24% | 11/15/2029 | 8,880,000 | 8,870,373 | ||||||||
| Exeter Automobile Receivables Trust Series 2026-1A Class A3 | 4.03% | 3/15/2030 | 22,100,000 | 22,012,888 | ||||||||
| Exeter Automobile Receivables Trust Series 2026-3A Class A2 | 4.36% | 12/15/2028 | 31,000,000 | 31,010,397 | ||||||||
| Fifth Third Auto Trust Series 2023-1 Class A3 | 5.53% | 8/15/2028 | 19,657,572 | 19,727,765 | ||||||||
| First Investors Auto Owner Trust Series 2025-1A Class A2† | 4.31% | 12/15/2028 | 24,366,829 | 24,377,428 | ||||||||
| First Investors Auto Owner Trust Series 2026-1A Class A2† | 4.31% | 7/16/2029 | 62,700,000 | 62,688,451 | ||||||||
| First Investors Auto Owner Trust Series 2026-1A Class A3† | 4.50% | 5/15/2031 | 8,700,000 | 8,664,260 | ||||||||
| Ford Credit Auto Lease Trust Series 2024-B Class A3 | 4.99% | 12/15/2027 | 7,785,353 | 7,795,565 | ||||||||
| Ford Credit Auto Lease Trust Series 2026-A Class A3 | 4.00% | 7/15/2029 | 36,660,000 | 36,402,625 | ||||||||
| Ford Credit Auto Owner Trust Series 2022-1 Class A† | 3.88% | 11/15/2034 | 3,290,000 | 3,279,663 | ||||||||
| Ford Credit Auto Owner Trust Series 2023-C Class A3 | 5.53% | 9/15/2028 | 18,901,185 | 18,992,387 | ||||||||
| Ford Credit Auto Owner Trust Series 2023-C Class B | 5.93% | 8/15/2029 | 11,010,000 | 11,140,750 | ||||||||
| Ford Credit Auto Owner Trust Series 2023-C Class C | 6.37% | 5/15/2031 | 15,250,000 | 15,503,726 | ||||||||
| Ford Credit Auto Owner Trust Series 2024-A Class A3 | 5.09% | 12/15/2028 | 11,632,970 | 11,677,913 | ||||||||
| Ford Credit Floorplan Master Owner Trust A Series 2024-1 Class A1† | 5.29% | 4/15/2029 | 16,350,000 | 16,444,349 | ||||||||
| Ford Credit Floorplan Master Owner Trust A Series 2024-3 Class A1† | 4.30% | 9/15/2029 | 37,050,000 | 36,988,942 | ||||||||
| GLS Auto Receivables Issuer Trust Series 2022-2A Class D† | 6.15% | 4/17/2028 | 1,014,583 | 1,017,484 | ||||||||
| GLS Auto Receivables Issuer Trust Series 2025-1A Class B† | 4.98% | 7/16/2029 | 15,300,000 | 15,341,512 | ||||||||
| See Notes to Schedule of Investments. | 309 |
Schedule of Investments (unaudited)(continued)
ULTRA SHORT BOND FUND August 31, 2026
| Investments | Interest Rate | Maturity Date | Principal Amount | Fair Value | ||||||||
| Automobiles (continued) | ||||||||||||
| GLS Auto Receivables Issuer Trust Series 2025-3A Class A2† | 4.52% | 7/17/2028 | $ | 3,371,710 | $ | 3,372,699 | ||||||
| GLS Auto Receivables Issuer Trust Series 2025-3A Class A3† | 4.44% | 3/15/2029 | 9,850,000 | 9,855,453 | ||||||||
| GLS Auto Receivables Issuer Trust Series 2026-1A Class A2† | 4.04% | 11/15/2028 | 24,118,771 | 24,100,289 | ||||||||
| GLS Auto Receivables Issuer Trust Series 2026-2A Class A2† | 4.25% | 4/16/2029 | 32,000,000 | 31,981,357 | ||||||||
| GLS Auto Receivables Issuer Trust Series 2026-3A Class A2† | 4.47% | 3/15/2029 | 58,000,000 | 57,993,927 | ||||||||
| GLS Auto Select Receivables Issuer Trust Series 2026-3A Class A2† | 4.69% | 10/15/2032 | 10,000,000 | 9,995,557 | ||||||||
| GLS Auto Select Receivables Trust Series 2024-2A Class A2† | 5.58% | 6/17/2030 | 2,246,258 | 2,257,872 | ||||||||
| GLS Auto Select Receivables Trust Series 2024-3A Class A2† | 5.59% | 10/15/2029 | 8,307,007 | 8,353,906 | ||||||||
| GM Financial Automobile Leasing Trust Series 2024-2 Class B | 5.56% | 5/22/2028 | 14,760,000 | 14,777,467 | ||||||||
| GM Financial Automobile Leasing Trust Series 2024-3 Class A3 | 4.21% | 10/20/2027 | 13,575,159 | 13,577,250 | ||||||||
| GM Financial Automobile Leasing Trust Series 2024-3 Class B | 4.49% | 10/20/2028 | 7,750,000 | 7,755,251 | ||||||||
| GM Financial Automobile Leasing Trust Series 2026-3 Class A3 | 4.53% | 7/20/2029 | 26,000,000 | 25,967,490 | ||||||||
| GM Financial Consumer Automobile Receivables Trust Series 2023-3 Class A3 | 5.45% | 6/16/2028 | 8,597,343 | 8,621,394 | ||||||||
| GM Financial Consumer Automobile Receivables Trust Series 2023-3 Class A4 | 5.34% | 12/18/2028 | 20,820,000 | 20,950,675 | ||||||||
| GM Financial Consumer Automobile Receivables Trust Series 2023-4 Class A3 | 5.78% | 8/16/2028 | 21,592,956 | 21,706,000 | ||||||||
| GM Financial Consumer Automobile Receivables Trust Series 2024-2 Class A3 | 5.10% | 3/16/2029 | 1,549,609 | 1,555,919 | ||||||||
| GM Financial Consumer Automobile Receivables Trust Series 2024-3 Class A3 | 5.13% | 4/16/2029 | 7,464,175 | 7,493,805 | ||||||||
| GMF Floorplan Owner Revolving Trust Series 2024-4A Class A1† | 4.73% | 11/15/2029 | 21,050,000 | 21,105,109 | ||||||||
| Honda Auto Receivables Owner Trust Series 2023-3 Class A3 | 5.41% | 2/18/2028 | 2,661,401 | 2,668,260 | ||||||||
| Honda Auto Receivables Owner Trust Series 2023-3 Class A4 | 5.30% | 12/18/2029 | 10,743,000 | 10,779,947 | ||||||||
| Honda Auto Receivables Owner Trust Series 2023-4 Class A3 | 5.67% | 6/21/2028 | 32,496,962 | 32,669,450 | ||||||||
| 310 | See Notes to Schedule of Investments. |
Schedule of Investments (unaudited)(continued)
ULTRA SHORT BOND FUND August 31, 2026
| Investments | Interest Rate | Maturity Date | Principal Amount | Fair Value | ||||||||
| Automobiles (continued) | ||||||||||||
| Honda Auto Receivables Owner Trust Series 2024-1 Class A3 | 5.21% | 8/15/2028 | $ | 5,914,336 | $ | 5,938,395 | ||||||
| Honda Auto Receivables Owner Trust Series 2024-1 Class A4 | 5.17% | 5/15/2030 | 34,000,000 | 34,219,028 | ||||||||
| Honda Auto Receivables Owner Trust Series 2024-2 Class A3 | 5.27% | 11/20/2028 | 43,843,135 | 44,057,716 | ||||||||
| Honda Auto Receivables Owner Trust Series 2024-2 Class A4 | 5.21% | 7/18/2030 | 37,000,000 | 37,291,394 | ||||||||
| Honda Auto Receivables Owner Trust Series 2024-3 Class A3 | 4.57% | 3/21/2029 | 21,908,314 | 21,947,228 | ||||||||
| Honda Auto Receivables Owner Trust Series 2026-3 Class A2A | 4.30% | 4/18/2029 | 27,000,000 | 26,974,331 | ||||||||
| Huntington Auto Trust Series 2024-1A Class A3† | 5.23% | 1/16/2029 | 1,277,601 | 1,283,127 | ||||||||
| Hyundai Auto Lease Securitization Trust Series 2025-B Class A3† | 4.53% | 4/17/2028 | 50,000,000 | 50,055,250 | ||||||||
| Hyundai Auto Lease Securitization Trust Series 2025-C Class A3† | 4.36% | 7/17/2028 | 73,957,000 | 73,916,553 | ||||||||
| Hyundai Auto Lease Securitization Trust Series 2026-A Class A3† | 3.97% | 12/15/2028 | 49,000,000 | 48,651,968 | ||||||||
| Hyundai Auto Lease Securitization Trust Series 2026-C Class A2A† | 4.43% | 12/15/2028 | 10,000,000 | 9,997,592 | ||||||||
| Hyundai Auto Receivables Trust Series 2022-C Class A4 | 5.52% | 10/16/2028 | 8,666,179 | 8,679,314 | ||||||||
| Hyundai Auto Receivables Trust Series 2023-A Class A4 | 4.48% | 7/17/2028 | 1,093,531 | 1,093,782 | ||||||||
| Hyundai Auto Receivables Trust Series 2023-B Class A3 | 5.48% | 4/17/2028 | 1,856,889 | 1,861,443 | ||||||||
| Hyundai Auto Receivables Trust Series 2023-B Class A4 | 5.31% | 8/15/2029 | 13,500,000 | 13,576,588 | ||||||||
| Hyundai Auto Receivables Trust Series 2023-C Class A3 | 5.54% | 10/16/2028 | 21,303,435 | 21,400,170 | ||||||||
| Hyundai Auto Receivables Trust Series 2023-C Class A4 | 5.55% | 12/17/2029 | 20,000,000 | 20,194,838 | ||||||||
| LAD Auto Receivables Trust Series 2024-2A Class A3† | 5.61% | 8/15/2028 | 170,786 | 170,871 | ||||||||
| LAD Auto Receivables Trust Series 2026-1A Class A2† | 3.75% | 5/15/2029 | 25,095,362 | 25,029,152 | ||||||||
| LAD Auto Receivables Trust Series 2026-2A Class A2† | 4.17% | 8/15/2029 | 31,030,000 | 30,998,685 | ||||||||
| LAD Select Auto Receivables Trust Series 2026-A Class A2† | 4.59% | 4/16/2029 | 10,000,000 | 10,001,000 | ||||||||
| See Notes to Schedule of Investments. | 311 |
Schedule of Investments (unaudited)(continued)
ULTRA SHORT BOND FUND August 31, 2026
| Investments | Interest Rate | Maturity Date | Principal Amount | Fair Value | ||||||||
| Automobiles (continued) | ||||||||||||
| M&T Bank Auto Receivables Trust Series 2025-1A Class A2A† | 4.63% | 5/15/2028 | $ | 1,726,351 | $ | 1,727,202 | ||||||
| M&T Bank Auto Receivables Trust Series 2026-1A Class A2† | 4.33% | 7/16/2029 | 28,000,000 | 27,998,300 | ||||||||
| Mercedes-Benz Auto Lease Trust Series 2024-A Class A3 | 5.32% | 1/18/2028 | 5,391,629 | 5,405,371 | ||||||||
| Mercedes-Benz Auto Lease Trust Series 2024-B Class A3 | 4.23% | 2/15/2028 | 11,199,983 | 11,202,292 | ||||||||
| Mercedes-Benz Auto Lease Trust Series 2026-A Class A3 | 3.93% | 1/15/2030 | 25,500,000 | 25,269,279 | ||||||||
| Mercedes-Benz Auto Receivables Trust Series 2023-2 Class A3 | 5.95% | 11/15/2028 | 8,412,589 | 8,473,094 | ||||||||
| Merchants Fleet Funding LLC Series 2024-1A Class A† | 5.82% | 4/20/2037 | 17,515,610 | 17,542,381 | ||||||||
| Nissan Auto Lease Trust Series 2025-A Class A3 | 4.75% | 3/15/2028 | 71,482,000 | 71,672,428 | ||||||||
| Nissan Auto Lease Trust Series 2025-B Class A2A | 4.44% | 3/15/2028 | 20,048,263 | 20,065,852 | ||||||||
| Nissan Auto Lease Trust Series 2026-B Class A2A | 4.44% | 4/16/2029 | 17,000,000 | 17,000,600 | ||||||||
| Nissan Auto Receivables Owner Trust Series 2023-A Class A4 | 4.85% | 6/17/2030 | 7,005,000 | 7,024,656 | ||||||||
| Nissan Auto Receivables Owner Trust Series 2023-B Class A3 | 5.93% | 3/15/2028 | 3,848,890 | 3,859,726 | ||||||||
| Nissan Auto Receivables Owner Trust Series 2024-A Class A3 | 5.28% | 12/15/2028 | 21,176,320 | 21,265,320 | ||||||||
| Octane Receivables Trust Series 2024-1A Class A2† | 5.68% | 5/20/2030 | 4,571,910 | 4,584,028 | ||||||||
| Porsche Financial Auto Securitization Trust Series 2023-2A Class A3† | 5.79% | 1/22/2029 | 2,512,570 | 2,520,054 | ||||||||
| Santander Drive Auto Receivables Trust Series 2022-4 Class C | 5.00% | 11/15/2029 | 8,442,289 | 8,453,010 | ||||||||
| Santander Drive Auto Receivables Trust Series 2025-1 Class C | 5.04% | 3/17/2031 | 4,619,000 | 4,633,503 | ||||||||
| Santander Drive Auto Receivables Trust Series 2025-3 Class A2 | 4.63% | 10/16/2028 | 9,465,308 | 9,467,918 | ||||||||
| Santander Drive Auto Receivables Trust Series 2025-3 Class A3 | 4.38% | 1/15/2030 | 40,455,000 | 40,454,065 | ||||||||
| Santander Drive Auto Receivables Trust Series 2025-4 Class A2 | 4.28% | 1/15/2029 | 18,123,892 | 18,128,767 | ||||||||
| Santander Drive Auto Receivables Trust Series 2026-1 Class A2 | 4.04% | 3/15/2029 | 19,334,237 | 19,319,949 | ||||||||
| SBNA Auto Lease Trust Series 2025-A Class A3† | 4.83% | 4/20/2028 | 12,748,329 | 12,768,706 | ||||||||
| 312 | See Notes to Schedule of Investments. |
Schedule of Investments (unaudited)(continued)
ULTRA SHORT BOND FUND August 31, 2026
| Investments | Interest Rate | Maturity Date | Principal Amount | Fair Value | ||||||||
| Automobiles (continued) | ||||||||||||
| SBNA Auto Receivables Trust Series 2024-A Class A4† | 5.21% | 4/16/2029 | $ | 7,751,913 | $ | 7,767,513 | ||||||
| SCCU Auto Receivables Trust Series 2025-1A Class A2† | 4.67% | 11/15/2028 | 6,570,148 | 6,577,913 | ||||||||
| SFS Auto Receivables Securitization Trust Series 2023-1A Class A4† | 5.47% | 12/20/2029 | 11,002,000 | 11,064,670 | ||||||||
| SFS Auto Receivables Securitization Trust Series 2024-1A Class A3† | 4.95% | 5/21/2029 | 7,280,013 | 7,297,874 | ||||||||
| SFS Auto Receivables Securitization Trust Series 2024-1A Class B† | 5.38% | 1/21/2031 | 6,865,000 | 6,925,353 | ||||||||
| SFS Auto Receivables Securitization Trust Series 2026-1A Class A2A† | 3.91% | 8/20/2029 | 29,168,910 | 29,098,747 | ||||||||
| SFS Auto Receivables Securitization Trust Series 2026-2A Class A2A† | 4.27% | 10/22/2029 | 35,000,000 | 34,957,031 | ||||||||
| Stellantis Financial Underwritten Enhanced Lease Trust Series 2025-AA Class A2† | 4.63% | 7/20/2027 | 5,066,982 | 5,071,167 | ||||||||
| Stellantis Financial Underwritten Enhanced Lease Trust Series 2026-AA Class A2A† | 4.21% | 1/22/2029 | 36,000,000 | 35,912,822 | ||||||||
| Toyota Auto Receivables Owner Trust Series 2023-C Class A3 | 5.16% | 4/17/2028 | 817,753 | 819,739 | ||||||||
| Toyota Auto Receivables Owner Trust Series 2023-D Class A3 | 5.54% | 8/15/2028 | 19,107,300 | 19,202,882 | ||||||||
| Toyota Auto Receivables Owner Trust Series 2024-A Class A3 | 4.83% | 10/16/2028 | 7,518,640 | 7,539,438 | ||||||||
| Toyota Auto Receivables Owner Trust Series 2024-C Class A3 | 4.88% | 3/15/2029 | 25,984,474 | 26,067,879 | ||||||||
| Toyota Lease Owner Trust Series 2025-A Class A3† | 4.75% | 2/22/2028 | 24,224,347 | 24,272,611 | ||||||||
| USB Auto Owner Trust Series 2025-1A Class A2† | 4.51% | 6/15/2028 | 2,039,550 | 2,040,368 | ||||||||
| Volkswagen Auto Lease Trust Series 2025-A Class A3 | 4.50% | 6/20/2028 | 25,305,000 | 25,324,728 | ||||||||
| Volkswagen Auto Loan Enhanced Trust Series 2023-1 Class A3 | 5.02% | 6/20/2028 | 6,108,112 | 6,121,546 | ||||||||
| Volkswagen Auto Loan Enhanced Trust Series 2023-2 Class A3 | 5.48% | 12/20/2028 | 32,763,884 | 32,965,926 | ||||||||
| VStrong Auto Receivables Trust Series 2023-A Class B† | 7.11% | 2/15/2030 | 13,575,189 | 13,718,016 | ||||||||
| Westlake Automobile Receivables Trust Series 2023-1A Class C† | 5.74% | 8/15/2028 | 52,818 | 52,846 | ||||||||
| Westlake Automobile Receivables Trust Series 2024-1A Class C† | 5.65% | 2/15/2029 | 4,296,846 | 4,313,546 | ||||||||
| See Notes to Schedule of Investments. | 313 |
Schedule of Investments (unaudited)(continued)
ULTRA SHORT BOND FUND August 31, 2026
| Investments | Interest Rate | Maturity Date | Principal Amount | Fair Value | ||||||||
| Automobiles (continued) | ||||||||||||
| Westlake Automobile Receivables Trust Series 2024-2A Class B† | 5.62% | 3/15/2030 | $ | 22,296,011 | $ | 22,339,640 | ||||||
| Westlake Automobile Receivables Trust Series 2025-1A Class A3† | 4.75% | 8/15/2028 | 1,167,576 | 1,169,007 | ||||||||
| Westlake Automobile Receivables Trust Series 2025-2A Class A2A† | 4.66% | 9/15/2028 | 15,677,578 | 15,691,196 | ||||||||
| Westlake Automobile Receivables Trust Series 2025-3A Class A2† | 4.31% | 4/17/2028 | 7,767,465 | 7,769,200 | ||||||||
| Westlake Automobile Receivables Trust Series 2025-3A Class A3† | 4.22% | 6/15/2029 | 27,000,000 | 26,964,306 | ||||||||
| Westlake Automobile Receivables Trust Series 2026-1A Class A2A† | 4.02% | 9/15/2028 | 21,867,610 | 21,853,460 | ||||||||
| Westlake Automobile Receivables Trust Series 2026-1A Class A3† | 4.01% | 7/16/2029 | 28,000,000 | 27,874,297 | ||||||||
| Westlake Automobile Receivables Trust Series 2026-2A Class A2A† | 4.26% | 6/15/2029 | 29,350,000 | 29,326,995 | ||||||||
| Westlake Automobile Receivables Trust Series 2026-3A Class A2A† | 4.51% | 7/16/2029 | 60,000,000 | 59,991,126 | ||||||||
| Westlake Automobile Receivables Trust Series 2026-P2 Class A2† | 4.39% | 12/15/2028 | 13,500,000 | 13,500,162 | ||||||||
| Westlake Automobile Receivables Trust Series 2026-P2 Class A3† | 4.59% | 7/15/2030 | 10,500,000 | 10,490,911 | ||||||||
| World Omni Auto Receivables Trust Series 2023-A Class A4 | 4.66% | 5/15/2029 | 1,940,000 | 1,942,931 | ||||||||
| World Omni Auto Receivables Trust Series 2023-D Class A3 | 5.79% | 2/15/2029 | 32,895,103 | 33,098,184 | ||||||||
| World Omni Auto Receivables Trust Series 2024-A Class A3 | 4.86% | 3/15/2029 | 22,069,779 | 22,128,481 | ||||||||
| World Omni Select Auto Trust Series 2025-A Class A2A | 4.14% | 5/15/2030 | 10,697,070 | 10,684,147 | ||||||||
| World Omni Select Auto Trust Series 2026-A Class A2A | 4.52% | 7/15/2030 | 23,000,000 | 22,977,110 | ||||||||
| Total | 2,810,401,135 | |||||||||||
| Credit Card 1.54% | ||||||||||||
| American Express Credit Account Master Trust Series 2024-3 Class A | 4.65% | 7/15/2029 | 77,509,000 | 77,762,656 | ||||||||
| BA Credit Card Trust Series 2024-A1 Class A | 4.93% | 5/15/2029 | 60,085,000 | 60,373,522 | ||||||||
| Evergreen Credit Card Trust Series 2024-CRT4 Class B† | 5.25% | 10/15/2028 | 15,187,000 | 15,202,548 | ||||||||
| First National Master Notes Trust Series 2023-2 Class A | 5.77% | 9/15/2029 | 84,587,000 | 84,632,339 | ||||||||
| Synchrony Card Funding LLC Series 2024-A2 Class A | 4.93% | 7/15/2030 | 20,000,000 | 20,090,276 | ||||||||
| Total | 258,061,341 | |||||||||||
| 314 | See Notes to Schedule of Investments. |
Schedule of Investments (unaudited)(continued)
ULTRA SHORT BOND FUND August 31, 2026
| Investments | Interest Rate | Maturity Date | Principal Amount | Fair Value | ||||||||
| Other 8.57% | ||||||||||||
| 37 Capital CLO 4 Ltd. Series 2023-2A Class AR† | 4.843% (3 mo. USD Term SOFR + 1.09%) | # | 4/15/2035 | $ | 10,300,000 | $ | 10,306,829 | |||||
| Affirm Master Trust Series 2025-1A Class A† | 4.99% | 2/15/2033 | 18,510,000 | 18,561,963 | ||||||||
| Affirm Master Trust Series 2025-2A Class A† | 4.67% | 7/15/2033 | 4,403,000 | 4,407,139 | ||||||||
| Affirm Master Trust Series 2026-1A Class A† | 4.37% | 2/15/2034 | 24,405,000 | 24,246,250 | ||||||||
| Affirm Master Trust Series 2026-3A Class A† | 4.78% | 8/15/2034 | 25,000,000 | 24,955,153 | ||||||||
| Amur Equipment Finance Receivables XIII LLC Series 2024-1A Class A2† | 5.38% | 1/21/2031 | 11,803,804 | 11,862,768 | ||||||||
| Apex Credit CLO Ltd. Series 2018-2A Class AR3† | 4.679% (3 mo. USD Term SOFR + 0.95%) | # | 10/20/2031 | 1,306,686 | 1,306,135 | |||||||
| Apex Credit CLO Ltd. Series 2020-1A Class A1R3† | 4.889% (3 mo. USD Term SOFR + 1.16%) | # | 4/20/2035 | 15,000,000 | 15,012,525 | |||||||
| Aqua Finance Trust Series 2021-A Class A† | 1.54% | 7/17/2046 | 2,818,805 | 2,560,069 | ||||||||
| Bain Capital Credit CLO Ltd. Series 2021-2A Class A1R2† | 4.763% (3 mo. USD Term SOFR + 0.97%) | # | 7/16/2034 | 39,800,000 | 39,809,950 | |||||||
| Bain Capital Credit CLO Ltd. Series 2021-3A Class AR† | 4.835% (3 mo. USD Term SOFR + 1.06%) | # | 7/24/2034 | 10,680,000 | 10,690,936 | |||||||
| Battalion CLO XI Ltd. Series 2017-11A Class AR2† | 4.905% (3 mo. USD Term SOFR + 1.13%) | # | 4/24/2034 | 20,495,219 | 20,509,668 | |||||||
| Battalion CLO XIV Ltd. Series 2019-14A Class AR2† | 4.869% (3 mo. USD Term SOFR + 1.14%) | # | 1/20/2035 | 5,207,838 | 5,216,983 | |||||||
| Battalion CLO XXI Ltd. Series 2021-21A Class AR† | 4.903% (3 mo. USD Term SOFR + 1.15%) | # | 7/15/2034 | 9,987,824 | 9,992,049 | |||||||
| Bethpage Park CLO Ltd. Series 2021-1A Class AR† | 4.813% (3 mo. USD Term SOFR + 1.06%) | # | 10/15/2036 | 6,000,000 | 6,007,920 | |||||||
| Black Diamond CLO Ltd. Series 2021-1A Class A1AR† | 4.983% (3 mo. USD Term SOFR + 1.25%) | # | 11/22/2034 | 41,890,000 | 41,890,335 | |||||||
| BlueMountain CLO XXIX Ltd. Series 2020-29A Class AR2† | 4.86% (3 mo. USD Term SOFR + 1.05%) | # | 7/25/2034 | 5,000,000 | 5,002,325 | |||||||
| BlueMountain CLO XXVI Ltd. Series 2019-26A Class AR2† | 4.779% (3 mo. USD Term SOFR + 1.05%) | # | 10/20/2034 | 40,000,000 | 40,054,000 | |||||||
| See Notes to Schedule of Investments. | 315 |
Schedule of Investments (unaudited)(continued)
ULTRA SHORT BOND FUND August 31, 2026
| Investments | Interest Rate | Maturity Date | Principal Amount | Fair Value | ||||||||
| Other (continued) | ||||||||||||
| Bowling Green Park CLO LLC Series 2019-1A Class ARR† | 4.729% (3 mo. USD Term SOFR + 1.00%) | # | 4/18/2035 | $ | 16,490,000 | $ | 16,500,504 | |||||
| Buckhorn Park CLO Ltd. Series 2019-1A Class ARR† | 4.799% (3 mo. USD Term SOFR + 1.07%) | # | 7/18/2034 | 67,340,000 | 67,433,737 | |||||||
| Canyon CLO Ltd. Series 2020-2A Class AR2† | 4.783% (3 mo. USD Term SOFR + 1.03%) | # | 10/15/2034 | 42,700,000 | 42,733,178 | |||||||
| Canyon CLO Ltd. Series 2021-3A Class AR† | 4.843% (3 mo. USD Term SOFR + 1.09%) | # | 7/15/2034 | 22,150,000 | 22,173,856 | |||||||
| Carlyle U.S. CLO Ltd. Series 2020-2A Class A1R2† | 4.89% (3 mo. USD Term SOFR + 1.08%) | # | 1/25/2035 | 6,075,000 | 6,081,689 | |||||||
| Carlyle U.S. CLO Ltd. Series 2021-9A Class AR† | 4.839% (3 mo. USD Term SOFR + 1.11%) | # | 10/20/2034 | 20,000,000 | 20,032,960 | |||||||
| CCG Receivables Trust Series 2023-2 Class A2† | 6.28% | 4/14/2032 | 678,119 | 681,845 | ||||||||
| Cedar Funding XI CLO Ltd. Series 2019-11A Class A1R2† | 4.824% (3 mo. USD Term SOFR + 1.06%) | # | 5/29/2032 | 30,497,173 | 30,568,201 | |||||||
| Columbia Cent CLO 30 Ltd. Series 2020-30A Class A1R2† | 4.779% (3 mo. USD Term SOFR + 1.05%) | # | 1/20/2034 | 9,980,516 | 9,977,392 | |||||||
| Columbia Cent CLO 31 Ltd. Series 2021-31A Class A1R† | 4.829% (3 mo. USD Term SOFR + 1.10%) | # | 4/20/2034 | 26,088,251 | 26,076,381 | |||||||
| Dell Equipment Finance Trust Series 2024-1 Class A3† | 5.39% | 3/22/2030 | 8,608,077 | 8,633,266 | ||||||||
| Dell Equipment Finance Trust Series 2025-1 Class A3† | 4.61% | 2/24/2031 | 10,000,000 | 10,019,088 | ||||||||
| Dell Equipment Finance Trust Series 2026-1A Class A2† | 4.24% | 7/24/2028 | 17,000,000 | 16,978,213 | ||||||||
| DLLAD LLC Series 2025-1A Class A2† | 4.46% | 11/20/2028 | 17,919,580 | 17,926,135 | ||||||||
| DLLMT LLC Series 2024-1A Class A3† | 4.84% | 8/21/2028 | 38,591,937 | 38,684,237 | ||||||||
| DLLMT LLC Series 2026-1A Class A2† | 4.03% | 7/20/2028 | 25,425,000 | 25,376,248 | ||||||||
| Dryden 43 Senior Loan Fund Series 2016-43A Class AR3† | 4.799% (3 mo. USD Term SOFR + 1.07%) | # | 4/20/2034 | 32,896,785 | 32,924,648 | |||||||
| Flatiron RR CLO 22 LLC Series 2021-2A Class AR† | 4.663% (3 mo. USD Term SOFR + 0.91%) | # | 10/15/2034 | 13,300,000 | 13,299,242 | |||||||
| 316 | See Notes to Schedule of Investments. |
Schedule of Investments (unaudited)(continued)
ULTRA SHORT BOND FUND August 31, 2026
| Investments | Interest Rate | Maturity Date | Principal Amount | Fair Value | ||||||||
| Other (continued) | ||||||||||||
| Fortress Credit BSL XIII Ltd. Series 2021-2A Class AR† | 4.692% (3 mo. USD Term SOFR + 1.00%) | # | 7/20/2034 | $ | 17,340,600 | $ | 17,356,796 | |||||
| FS Rialto Issuer Ltd. Series 2021-FL2 Class A† | 5.224% (1 mo. USD Term SOFR + 1.58%) | # | 5/16/2038 | 1,476,055 | 1,476,221 | |||||||
| GreatAmerica Leasing Receivables Funding LLC Series 2025-1 Class A2† | 4.52% | 10/15/2027 | 8,350,980 | 8,360,987 | ||||||||
| GreatAmerica Leasing Receivables Funding LLC Series 2026-1 Class A2† | 4.47% | 1/16/2029 | 25,100,000 | 25,095,643 | ||||||||
| GreenSky Home Improvement Issuer Trust Series 2025-1A Class A2† | 5.12% | 3/25/2060 | 468,039 | 468,973 | ||||||||
| GreenSky Home Improvement Issuer Trust Series 2025-2A Class A2† | 4.93% | 6/25/2060 | 2,344,659 | 2,348,034 | ||||||||
| HPEFS Equipment Trust Series 2025-1A Class A2† | 4.49% | 9/20/2032 | 14,545,880 | 14,558,748 | ||||||||
| KKR CLO 26 Ltd. Series 26 Class ARR† | 4.853% (3 mo. USD Term SOFR + 1.10%) | # | 10/15/2034 | 28,900,000 | 28,925,519 | |||||||
| KKR CLO 34 Ltd. Series 34A Class AR† | 4.853% (3 mo. USD Term SOFR + 1.10%) | # | 7/15/2034 | 29,350,000 | 29,380,495 | |||||||
| LCM 33 Ltd. Series 33A Class AR† | 4.909% (3 mo. USD Term SOFR + 1.18%) | # | 7/20/2034 | 20,390,000 | 20,398,849 | |||||||
| Lending Funding Trust Series 2020-2A Class A† | 2.32% | 4/21/2031 | 5,646,746 | 5,603,855 | ||||||||
| M&T Equipment LLC Series 2026-1A Class A2† | 4.56% | 3/19/2029 | 8,800,000 | 8,800,552 | ||||||||
| Madison Park Funding XIV Ltd. Series 2014-14A Class AR4† | 4.693% (3 mo. USD Term SOFR + 0.96%) | # | 10/22/2030 | 3,499,296 | 3,500,521 | |||||||
| Man U.S. CLO Ltd. Series 2021-1A Class A1R† | 4.847% (3 mo. USD Term SOFR + 1.15%) | # | 10/15/2038 | 31,670,000 | 31,685,518 | |||||||
| Mariner Finance Issuance Trust Series 2021-AA Class A† | 1.86% | 3/20/2036 | 2,128,901 | 2,111,954 | ||||||||
| Nassau Ltd. Series 2020-1A Class A1RR† | 4.853% (3 mo. USD Term SOFR + 1.10%) | # | 1/15/2035 | 28,380,000 | 28,382,157 | |||||||
| Octagon 56 Ltd. Series 2021-1A Class AR† | 4.803% (3 mo. USD Term SOFR + 1.05%) | # | 10/15/2034 | 30,000,000 | 30,040,500 | |||||||
| Octagon Investment Partners 51 Ltd. Series 2021-1A Class AR† | 4.719% (3 mo. USD Term SOFR + 0.99%) | # | 7/20/2034 | 60,250,000 | 60,321,035 | |||||||
| OneMain Financial Issuance Trust Series 2021-1A Class A1† | 1.55% | 6/16/2036 | 15,303,073 | 15,040,048 | ||||||||
| PEAC Solutions Receivables LLC Series 2024-1A Class A2† | 5.79% | 6/21/2027 | 4,693,265 | 4,705,950 | ||||||||
| See Notes to Schedule of Investments. | 317 |
Schedule of Investments (unaudited)(continued)
ULTRA SHORT BOND FUND August 31, 2026
| Investments | Interest Rate | Maturity Date | Principal Amount | Fair Value | ||||||||
| Other (continued) | ||||||||||||
| PEAC Solutions Receivables LLC Series 2024-1A Class A3† | 5.64% | 11/20/2030 | $ | 8,075,000 | $ | 8,149,674 | ||||||
| PEAC Solutions Receivables LLC Series 2024-2A Class A2† | 4.74% | 4/20/2027 | 570,159 | 570,316 | ||||||||
| PEAC Solutions Receivables LLC Series 2025-1A Class A2† | 4.94% | 10/20/2028 | 15,382,154 | 15,421,875 | ||||||||
| PEAC Solutions Receivables LLC Series 2026-1A Class A2† | 4.27% | 10/20/2028 | 36,235,000 | 36,131,578 | ||||||||
| Post CLO Ltd. Series 2021-1A Class AR† | 4.833% (3 mo. USD Term SOFR + 1.08%) | # | 10/15/2034 | 50,000,000 | 50,051,950 | |||||||
| Post Road Equipment Finance LLC Series 2025-1A Class A2† | 4.90% | 5/15/2031 | 21,260,114 | 21,320,941 | ||||||||
| RR 20 Ltd. Series 2022-20A Class A1R† | 4.743% (3 mo. USD Term SOFR + 0.99%) | # | 7/15/2037 | 5,020,000 | 5,024,131 | |||||||
| SCF Equipment Leasing LLC Series 2025-1A Class A2† | 4.82% | 7/22/2030 | 3,157,653 | 3,158,130 | ||||||||
| SCF Equipment Leasing LLC Series 2025-2A Class A2† | 4.26% | 12/22/2031 | 27,715,561 | 27,669,501 | ||||||||
| Shackleton CLO Ltd. Series 2019-14A Class A1RR† | 4.929% (3 mo. USD Term SOFR + 1.20%) | # | 7/20/2034 | 12,200,000 | 12,209,760 | |||||||
| Signal Peak CLO 4 Ltd. Series 2017-4A Class AR2† | 4.93% (3 mo. USD Term SOFR + 1.12%) | # | 10/26/2034 | 36,360,000 | 36,386,834 | |||||||
| T-Mobile U.S. Trust Series 2025-1A Class A† | 4.74% | 11/20/2029 | 45,050,000 | 45,150,425 | ||||||||
| Trinitas CLO XX Ltd. Series 2022-20A Class A1R† | 4.769% (3 mo. USD Term SOFR + 1.04%) | # | 7/20/2035 | 10,000,000 | 10,004,860 | |||||||
| Venture 28A CLO Ltd. Series 2017-28AA Class A1RR† | 4.839% (3 mo. USD Term SOFR + 1.11%) | # | 10/20/2034 | 35,450,000 | 35,478,112 | |||||||
| Venture 42 CLO Ltd. Series 2021-42A Class A1AR† | 4.803% (3 mo. USD Term SOFR + 1.05%) | # | 4/15/2034 | 18,038,125 | 18,046,386 | |||||||
| Verdant Receivables LLC Series 2024-1A Class A2† | 5.68% | 12/12/2031 | 6,296,993 | 6,362,197 | ||||||||
| Verdant Receivables LLC Series 2025-1A Class A2† | 4.85% | 3/13/2028 | 8,145,595 | 8,161,708 | ||||||||
| Verizon Master Trust Series 2024-6 Class A1A | 4.17% | 8/20/2030 | 55,316,000 | 55,180,703 | ||||||||
| Total | 1,431,535,253 | |||||||||||
| Total Asset-Backed Securities (cost $4,505,567,569) | 4,499,997,729 | |||||||||||
| 318 | See Notes to Schedule of Investments. |
Schedule of Investments (unaudited)(continued)
ULTRA SHORT BOND FUND August 31, 2026
| Investments | Interest Rate | Maturity Date | Principal Amount | Fair Value | ||||||||
| CORPORATE BONDS 49.63% | ||||||||||||
| Aerospace/Defense 1.09% | ||||||||||||
| Boeing Co. | 2.70% | 2/1/2027 | $ | 13,772,000 | $ | 13,674,396 | ||||||
| Boeing Co. | 2.80% | 3/1/2027 | 5,000,000 | 4,959,554 | ||||||||
| Honeywell Aerospace, Inc. | 3.90% | 3/16/2028 | 44,625,000 | 44,150,550 | ||||||||
| Honeywell Aerospace, Inc. | 4.279% (SOFR + 0.63%) | # | 3/16/2029 | 35,700,000 | 35,782,384 | |||||||
| Rockwell Collins, Inc. | 3.50% | 3/15/2027 | 16,567,000 | 16,446,816 | ||||||||
| Spirit AeroSystems, Inc. | 4.60% | 6/15/2028 | 66,560,000 | 66,372,015 | ||||||||
| Total | 181,385,715 | |||||||||||
| Agriculture 0.25% | ||||||||||||
| Philip Morris International, Inc. | 4.493% (SOFR + 0.83%) | # | 4/28/2028 | 41,385,000 | 41,608,313 | |||||||
| Airlines 0.22% | ||||||||||||
| American Airlines Pass-Through Trust Class A(a) | 3.375% | 11/1/2028 | 20,874,026 | 20,689,470 | ||||||||
| United Airlines Pass-Through Trust Class A | 5.875% | 4/15/2029 | 15,436,519 | 15,579,588 | ||||||||
| Total | 36,269,058 | |||||||||||
| Auto Manufacturers 3.15% | ||||||||||||
| American Honda Finance Corp. | 4.363% (SOFR + 0.71%) | # | 7/9/2027 | 22,231,000 | 22,263,869 | |||||||
| American Honda Finance Corp. | 4.375% (SOFR + 0.73%) | # | 3/8/2027 | 43,359,000 | 43,413,955 | |||||||
| American Honda Finance Corp. | 4.417% (SOFR + 0.77%) | # | 3/12/2027 | 26,612,000 | 26,652,537 | |||||||
| American Honda Finance Corp. | 4.55% | 7/9/2027 | 43,508,000 | 43,553,111 | ||||||||
| Ford Motor Credit Co. LLC | 4.95% | 5/28/2027 | 45,086,000 | 45,107,038 | ||||||||
| Ford Motor Credit Co. LLC | 5.113% (SOFR + 1.45%) | # | 11/5/2026 | 33,421,000 | 33,481,059 | |||||||
| Ford Motor Credit Co. LLC | 5.80% | 3/5/2027 | 13,616,000 | 13,684,120 | ||||||||
| Ford Motor Credit Co. LLC | 5.85% | 5/17/2027 | 84,523,000 | 85,063,906 | ||||||||
| Ford Motor Credit Co. LLC | 7.35% | 11/4/2027 | 7,088,000 | 7,267,680 | ||||||||
| General Motors Financial Co., Inc. | 4.708% (SOFR + 1.05%) | # | 7/15/2027 | 44,543,000 | 44,680,256 | |||||||
| General Motors Financial Co., Inc. | 5.013% (SOFR + 1.35%) | # | 5/8/2027 | 26,796,000 | 26,925,832 | |||||||
| Hyundai Capital America† | 4.30% | 9/24/2027 | 6,000,000 | 5,977,444 | ||||||||
| Hyundai Capital America† | 4.77% (SOFR + 1.12%) | # | 6/23/2027 | 30,538,000 | 30,675,572 | |||||||
| Hyundai Capital America† | 5.153% (SOFR + 1.50%) | # | 1/8/2027 | 30,859,000 | 30,961,711 | |||||||
| See Notes to Schedule of Investments. | 319 |
Schedule of Investments (unaudited)(continued)
ULTRA SHORT BOND FUND August 31, 2026
| Investments | Interest Rate | Maturity Date | Principal Amount | Fair Value | ||||||||
| Auto Manufacturers (continued) | ||||||||||||
| Stellantis Finance U.S., Inc.† | 1.711% | 1/29/2027 | $ | 32,280,000 | $ | 31,867,503 | ||||||
| Stellantis Finance U.S., Inc.†(a) | 5.625% | 1/12/2028 | 8,766,000 | 8,808,947 | ||||||||
| Volkswagen Group of America Finance LLC† | 5.30% | 3/22/2027 | 26,160,000 | 26,260,260 | ||||||||
| Total | 526,644,800 | |||||||||||
| Banks 23.47% | ||||||||||||
| Australia & New Zealand Banking Group Ltd. (Australia)†(b) | 4.234% (SOFR + 0.59%) | # | 12/8/2028 | 10,952,000 | 10,981,990 | |||||||
| Bank of America Corp. | 3.593% (3 mo. USD Term SOFR + 1.63%) | # | 7/21/2028 | 56,831,000 | 56,345,761 | |||||||
| Bank of America Corp. | 3.705% (3 mo. USD Term SOFR + 1.77%) | # | 4/24/2028 | 25,632,000 | 25,488,371 | |||||||
| Bank of America Corp. | 5.933% (SOFR + 1.34%) | # | 9/15/2027 | 13,059,000 | 13,067,661 | |||||||
| Bank of Ireland Group PLC (Ireland)†(b) | 2.029% (1 yr. CMT + 1.10%) | # | 9/30/2027 | 89,970,000 | 89,787,356 | |||||||
| Bank of Montreal (Canada)(b) | 4.10% (SOFR + 0.53%) | # | 12/15/2027 | 44,114,000 | 44,065,389 | |||||||
| Bank of Montreal (Canada)(b) | 4.807% (SOFR + 1.16%) | # | 12/11/2026 | 26,605,000 | 26,669,071 | |||||||
| Barclays PLC (United Kingdom)(b) | 2.279% (1 yr. CMT + 1.05%) | # | 11/24/2027 | 23,845,000 | 23,724,191 | |||||||
| Barclays PLC (United Kingdom)(b) | 5.674% (SOFR + 1.49%) | # | 3/12/2028 | 41,505,000 | 41,764,360 | |||||||
| Barclays PLC (United Kingdom)(b) | 6.496% (SOFR + 1.88%) | # | 9/13/2027 | 2,693,000 | 2,694,815 | |||||||
| Barclays PLC (United Kingdom)(b) | 7.385% (1 yr. CMT + 3.30%) | # | 11/2/2028 | 17,232,000 | 17,722,704 | |||||||
| BNP Paribas SA (France)†(b) | 1.904% (SOFR + 1.61%) | # | 9/30/2028 | 56,367,000 | 54,680,720 | |||||||
| BNP Paribas SA (France)†(b) | 3.50% | 11/16/2027 | 20,000,000 | 19,730,580 | ||||||||
| BPCE SA (France)†(b) | 2.045% (SOFR + 1.09%) | # | 10/19/2027 | 21,220,000 | 21,148,173 | |||||||
| CaixaBank SA (Spain)†(b) | 6.208% (SOFR + 2.70%) | # | 1/18/2029 | 23,561,000 | 23,992,745 | |||||||
| Canadian Imperial Bank of Commerce (Canada)(b) | 4.577% (SOFR + 0.93%) | # | 9/11/2027 | 43,390,000 | 43,397,305 | |||||||
| Citibank NA | 4.378% (SOFR + 0.71%) | # | 11/19/2027 | 43,762,000 | 43,800,631 | |||||||
| Citibank NA | 4.448% (SOFR + 0.78%) | # | 5/29/2027 | 29,167,000 | 29,248,307 | |||||||
| 320 | See Notes to Schedule of Investments. |
Schedule of Investments (unaudited)(continued)
ULTRA SHORT BOND FUND August 31, 2026
| Investments | Interest Rate | Maturity Date | Principal Amount | Fair Value | ||||||||
| Banks (continued) | ||||||||||||
| Citigroup, Inc. | 3.07% (SOFR + 1.28%) | # | 2/24/2028 | $ | 112,142,000 | $ | 111,367,473 | |||||
| Citigroup, Inc. | 3.52% (3 mo. USD Term SOFR + 1.41%) | # | 10/27/2028 | 53,607,000 | 52,928,942 | |||||||
| Citigroup, Inc. | 3.668% (3 mo. USD Term SOFR + 1.65%) | # | 7/24/2028 | 23,708,000 | 23,500,797 | |||||||
| Citigroup, Inc. | 3.887% (3 mo. USD Term SOFR + 1.82%) | # | 1/10/2028 | 120,836,000 | 120,582,967 | |||||||
| Citigroup, Inc. | 4.658% (SOFR + 1.89%) | # | 5/24/2028 | 6,220,000 | 6,220,350 | |||||||
| Citigroup, Inc. | 4.807% (SOFR + 1.14%) | # | 5/7/2028 | 50,000,000 | 50,197,118 | |||||||
| Danske Bank AS (Denmark)†(b) | 1.549% (1 yr. CMT + 0.73%) | # | 9/10/2027 | 46,836,000 | 46,803,784 | |||||||
| Danske Bank AS (Denmark)†(b) | 4.298% (1 yr. CMT + 1.75%) | # | 4/1/2028 | 7,533,000 | 7,522,347 | |||||||
| Deutsche Bank AG | 2.311% (SOFR + 1.22%) | # | 11/16/2027 | 28,064,000 | 27,926,996 | |||||||
| First-Citizens Bank & Trust Co. | 5.097% (SOFR + 1.15%) | # | 7/13/2029 | 28,115,000 | 28,059,536 | |||||||
| Goldman Sachs Bank USA | 4.365% (SOFR + 0.72%) | # | 6/3/2029 | 39,795,000 | 39,885,364 | |||||||
| Goldman Sachs Group, Inc. | 1.542% (SOFR + 0.82%) | # | 9/10/2027 | 16,585,000 | 16,573,663 | |||||||
| Goldman Sachs Group, Inc. | 1.948% (SOFR + 0.91%) | # | 10/21/2027 | 163,600,000 | 163,037,584 | |||||||
| Goldman Sachs Group, Inc. | 2.64% (SOFR + 1.11%) | # | 2/24/2028 | 51,698,000 | 51,246,801 | |||||||
| Goldman Sachs Group, Inc. | 3.615% (SOFR + 1.85%) | # | 3/15/2028 | 60,491,000 | 60,197,972 | |||||||
| Goldman Sachs Group, Inc. | 4.148% (SOFR + 0.71%) | # | 1/21/2029 | 39,239,000 | 38,899,747 | |||||||
| Goldman Sachs Group, Inc. | 4.482% (SOFR + 1.73%) | # | 8/23/2028 | 33,045,000 | 32,982,314 | |||||||
| Goldman Sachs Group, Inc. | 4.937% (SOFR + 1.32%) | # | 4/23/2028 | 56,130,000 | 56,254,605 | |||||||
| Goldman Sachs Group, Inc. | 4.952% (SOFR + 1.29%) | # | 4/23/2028 | 27,595,000 | 27,731,933 | |||||||
| HSBC Holdings PLC (United Kingdom)(b) | 4.755% (SOFR + 2.11%) | # | 6/9/2028 | 23,368,000 | 23,378,359 | |||||||
| HSBC Holdings PLC (United Kingdom)(b) | 5.13% (SOFR + 1.04%) | # | 11/19/2028 | 30,000,000 | 30,135,696 | |||||||
| See Notes to Schedule of Investments. | 321 |
Schedule of Investments (unaudited)(continued)
ULTRA SHORT BOND FUND August 31, 2026
| Investments | Interest Rate | Maturity Date | Principal Amount | Fair Value | ||||||||
| Banks (continued) | ||||||||||||
| HSBC Holdings PLC (United Kingdom)(b) | 5.597% (SOFR + 1.06%) | # | 5/17/2028 | $ | 10,445,000 | $ | 10,512,901 | |||||
| HSBC Holdings PLC (United Kingdom)(a)(b) | 7.39% (SOFR + 3.35%) | # | 11/3/2028 | 4,853,000 | 5,001,470 | |||||||
| Huntington National Bank | 4.373% (SOFR + 0.72%) | # | 4/12/2028 | 40,380,000 | 40,408,298 | |||||||
| ING Groep NV (Netherlands)(b) | 4.017% (SOFR + 1.83%) | # | 3/28/2028 | 77,652,000 | 77,451,579 | |||||||
| JPMorgan Chase & Co. | 2.182% (SOFR + 1.89%) | # | 6/1/2028 | 22,708,000 | 22,301,468 | |||||||
| JPMorgan Chase & Co. | 2.947% (SOFR + 1.17%) | # | 2/24/2028 | 6,071,000 | 6,026,563 | |||||||
| JPMorgan Chase & Co. | 3.54% (3 mo. USD Term SOFR + 1.64%) | # | 5/1/2028 | 73,536,000 | 73,034,689 | |||||||
| JPMorgan Chase & Co. | 3.782% (3 mo. USD Term SOFR + 1.60%) | # | 2/1/2028 | 76,568,000 | 76,338,984 | |||||||
| JPMorgan Chase & Co. | 4.323% (SOFR + 1.56%) | # | 4/26/2028 | 14,019,000 | 13,993,952 | |||||||
| JPMorgan Chase & Co. | 4.851% (SOFR + 1.99%) | # | 7/25/2028 | 40,543,000 | 40,642,027 | |||||||
| JPMorgan Chase & Co. | 4.979% (SOFR + 0.93%) | # | 7/22/2028 | 39,555,000 | 39,701,039 | |||||||
| JPMorgan Chase & Co. | 5.571% (SOFR + 0.93%) | # | 4/22/2028 | 35,000,000 | 35,214,671 | |||||||
| JPMorgan Chase Bank NA | 4.645% (SOFR + 1.00%) | # | 12/8/2026 | 26,705,000 | 26,741,004 | |||||||
| Lloyds Banking Group PLC (United Kingdom)(b) | 5.462% (1 yr. CMT + 1.38%) | # | 1/5/2028 | 27,845,000 | 27,934,056 | |||||||
| Macquarie Bank Ltd. (Australia)†(b) | 4.569% (SOFR + 0.92%) | # | 7/2/2027 | 22,238,000 | 22,348,745 | |||||||
| Macquarie Group Ltd. (Australia)†(b) | 1.935% (SOFR + 1.00%) | # | 4/14/2028 | 12,269,000 | 12,059,867 | |||||||
| Morgan Stanley | 2.475% (SOFR + 1.00%) | # | 1/21/2028 | 58,609,000 | 58,146,791 | |||||||
| Morgan Stanley | 3.591% | #(c) | 7/22/2028 | 21,685,000 | 21,469,942 | |||||||
| Morgan Stanley | 4.21% (SOFR + 1.61%) | # | 4/20/2028 | 99,045,000 | 98,802,371 | |||||||
| Morgan Stanley | 4.868% (SOFR + 0.85%) | # | 7/12/2029 | 11,025,000 | 11,027,775 | |||||||
| Morgan Stanley | 5.652% (SOFR + 1.01%) | # | 4/13/2028 | 36,460,000 | 36,689,164 | |||||||
| Morgan Stanley Bank NA | 4.343% (SOFR + 0.69%) | # | 10/15/2027 | 44,357,000 | 44,377,711 | |||||||
| 322 | See Notes to Schedule of Investments. |
Schedule of Investments (unaudited)(continued)
ULTRA SHORT BOND FUND August 31, 2026
| Investments | Interest Rate | Maturity Date | Principal Amount | Fair Value | ||||||||
| Banks (continued) | ||||||||||||
| Morgan Stanley Bank NA | 4.447% (SOFR + 0.68%) | # | 10/15/2027 | $ | 22,404,000 | $ | 22,406,283 | |||||
| Morgan Stanley Bank NA | 4.952% (SOFR + 1.08%) | # | 1/14/2028 | 17,747,000 | 17,777,740 | |||||||
| Morgan Stanley Bank NA | 5.504% (SOFR + 0.87%) | # | 5/26/2028 | 22,245,000 | 22,388,225 | |||||||
| Morgan Stanley Private Bank NA | 4.204% (SOFR + 0.78%) | # | 11/17/2028 | 48,424,000 | 48,160,843 | |||||||
| Morgan Stanley Private Bank NA | 4.422% (SOFR + 0.77%) | # | 7/6/2028 | 43,274,000 | 43,353,082 | |||||||
| NatWest Group PLC (United Kingdom)(b) | 3.073% (1 yr. CMT + 2.55%) | # | 5/22/2028 | 28,606,000 | 28,297,088 | |||||||
| NatWest Markets PLC (United Kingdom)†(b) | 4.58% (SOFR + 0.93%) | # | 3/27/2029 | 44,657,000 | 44,859,980 | |||||||
| NatWest Markets PLC (United Kingdom)†(b) | 4.598% (SOFR + 0.95%) | # | 3/21/2028 | 31,796,000 | 32,005,026 | |||||||
| PNC Financial Services Group, Inc. | 4.618% (SOFR + 0.68%) | # | 10/26/2029 | 44,462,000 | 44,315,524 | |||||||
| Royal Bank of Canada (Canada)(b) | 4.379% (SOFR + 0.72%) | # | 10/18/2027 | 34,533,000 | 34,553,957 | |||||||
| Santander U.K. Group Holdings PLC (United Kingdom)(b) | 3.823% (3 mo. USD LIBOR + 1.40%) | # | 11/3/2028 | 67,687,000 | 66,918,701 | |||||||
| Skandinaviska Enskilda Banken AB (Sweden)†(b) | 4.535% (SOFR + 0.89%) | # | 3/5/2027 | 22,357,000 | 22,425,905 | |||||||
| Societe Generale SA (France)†(b) | 2.797% (1 yr. CMT + 1.30%) | # | 1/19/2028 | 103,244,000 | 102,479,696 | |||||||
| Societe Generale SA (France)†(b) | 4.766% (SOFR + 1.10%) | # | 2/19/2027 | 30,443,000 | 30,546,781 | |||||||
| Standard Chartered PLC (United Kingdom)†(b) | 2.608% (1 yr. CMT + 1.18%) | # | 1/12/2028 | 20,344,000 | 20,197,747 | |||||||
| State Street Bank & Trust Co. | 4.127% (SOFR + 0.46%) | # | 11/25/2026 | 13,196,000 | 13,204,949 | |||||||
| State Street Corp. | 4.301% (SOFR + 0.64%) | # | 10/22/2027 | 16,201,000 | 16,241,811 | |||||||
| State Street Corp.(a) | 4.543% (SOFR + 0.95%) | # | 4/24/2028 | 11,428,000 | 11,433,438 | |||||||
| Sumitomo Mitsui Trust Bank Ltd. (Japan)†(b) | 4.624% (SOFR + 0.98%) | # | 9/10/2027 | 21,412,000 | 21,545,444 | |||||||
| Toronto-Dominion Bank (Canada)(b) | 3.625% (5 yr. USD Swap + 2.21%) | # | 9/15/2031 | 142,985,000 | 142,923,046 | |||||||
| Toronto-Dominion Bank (Canada)(b) | 4.268% (SOFR + 0.62%) | # | 12/17/2026 | 43,904,000 | 43,953,864 | |||||||
| See Notes to Schedule of Investments. | 323 |
Schedule of Investments (unaudited)(continued)
ULTRA SHORT BOND FUND August 31, 2026
| Investments | Interest Rate | Maturity Date | Principal Amount | Fair Value | ||||||||
| Banks (continued) | ||||||||||||
| Toronto-Dominion Bank (Canada)(b) | 4.483% (SOFR + 0.82%) | # | 1/31/2028 | $ | 33,211,000 | $ | 33,384,016 | |||||
| Truist Bank | 4.433% (SOFR + 0.77%) | # | 7/24/2028 | 34,591,000 | 34,662,361 | |||||||
| U.S. Bank NA | 4.351% (SOFR + 0.69%) | # | 10/22/2027 | 51,851,000 | 51,881,657 | |||||||
| U.S. Bank NA | 4.575% (SOFR + 0.91%) | # | 5/15/2028 | 45,959,000 | 46,117,705 | |||||||
| UBS AG | 4.302% (SOFR + 0.81%) | # | 3/16/2029 | 25,285,000 | 25,147,280 | |||||||
| UBS Group AG (Switzerland)†(b) | 3.869% (3 mo. USD LIBOR + 1.41%) | # | 1/12/2029 | 24,699,000 | 24,422,972 | |||||||
| UBS Group AG (Switzerland)†(b) | 4.253% | 3/23/2028 | 32,802,000 | 32,610,183 | ||||||||
| UBS Group AG (Switzerland)†(b) | 4.282% | 1/9/2028 | 64,233,000 | 63,978,505 | ||||||||
| UBS Group AG (Switzerland)†(b) | 4.751% (1 yr. CMT + 1.75%) | # | 5/12/2028 | 14,580,000 | 14,590,954 | |||||||
| UBS Group AG (Switzerland)†(b) | 6.442% (SOFR + 3.70%) | # | 8/11/2028 | 3,235,000 | 3,288,291 | |||||||
| Wells Fargo & Co. | 2.393% (SOFR + 2.10%) | # | 6/2/2028 | 71,617,000 | 70,454,814 | |||||||
| Wells Fargo & Co. | 3.526% (SOFR + 1.51%) | # | 3/24/2028 | 42,145,000 | 41,910,991 | |||||||
| Wells Fargo & Co. | 3.584% (3 mo. USD Term SOFR + 1.57%) | # | 5/22/2028 | 58,418,000 | 58,010,316 | |||||||
| Wells Fargo & Co. | 4.90% (SOFR + 0.78%) | # | 1/24/2028 | 35,391,000 | 35,449,032 | |||||||
| Wells Fargo & Co. | 5.707% (SOFR + 1.07%) | # | 4/22/2028 | 118,058,000 | 118,888,403 | |||||||
| Zions Bancorp NA | 4.704% (SOFR + 1.16%) | # | 8/18/2028 | 33,075,000 | 32,961,391 | |||||||
| Total | 3,921,717,546 | |||||||||||
| Beverages 0.53% | ||||||||||||
| Bacardi Ltd.† | 4.70% | 5/15/2028 | 33,547,000 | 33,386,939 | ||||||||
| JDE Peet’s NV (Netherlands)†(b) | 1.375% | 1/15/2027 | 29,166,000 | 28,814,174 | ||||||||
| Keurig Dr. Pepper, Inc. | 4.528% (SOFR + 0.88%) | # | 3/15/2027 | 26,617,000 | 26,684,833 | |||||||
| Total | 88,885,946 | |||||||||||
| Biotechnology 0.18% | ||||||||||||
| Illumina, Inc. | 4.65% | 9/9/2026 | 6,466,000 | 6,466,399 | ||||||||
| Illumina, Inc. | 5.75% | 12/13/2027 | 9,047,000 | 9,153,156 | ||||||||
| Royalty Pharma PLC | 1.75% | 9/2/2027 | 15,283,000 | 14,891,109 | ||||||||
| Total | 30,510,664 | |||||||||||
| 324 | See Notes to Schedule of Investments. |
Schedule of Investments (unaudited)(continued)
ULTRA SHORT BOND FUND August 31, 2026
| Investments | Interest Rate | Maturity Date | Principal Amount | Fair Value | ||||||||
| Building Materials 0.25% | ||||||||||||
| Amrize Finance U.S. LLC | 4.60% | 4/7/2027 | $ | 42,162,000 | $ | 42,236,330 | ||||||
| Chemicals 0.01% | ||||||||||||
| Equate Petrochemical Co. KSCC (Kuwait)(b) | 4.25% | 11/3/2026 | 2,250,000 | 2,246,004 | ||||||||
| Commercial Services 0.05% | ||||||||||||
| Ashtead Capital, Inc.† | 4.375% | 8/15/2027 | 8,992,000 | 8,974,577 | ||||||||
| Computers 0.07% | ||||||||||||
| Hewlett Packard Enterprise Co. | 4.45% | 9/25/2026 | 11,388,000 | 11,390,065 | ||||||||
| Diversified Financial Services 3.01% | ||||||||||||
| Aircastle Ltd.† | 6.50% | 7/18/2028 | 37,661,000 | 38,655,819 | ||||||||
| Atlas Warehouse Lending Co. LP† | 6.05% | 1/15/2028 | 26,678,000 | 26,970,606 | ||||||||
| Aviation Capital Group LLC† | 1.95% | 9/20/2026 | 17,121,000 | 17,099,192 | ||||||||
| Aviation Capital Group LLC† | 3.50% | 11/1/2027 | 17,521,000 | 17,252,144 | ||||||||
| Aviation Capital Group LLC† | 6.25% | 4/15/2028 | 24,178,000 | 24,621,229 | ||||||||
| Avolon Holdings Funding Ltd. (Ireland)†(b) | 2.528% | 11/18/2027 | 31,445,000 | 30,600,597 | ||||||||
| Avolon Holdings Funding Ltd. (Ireland)†(b) | 3.25% | 2/15/2027 | 13,383,000 | 13,308,194 | ||||||||
| Avolon Holdings Funding Ltd. (Ireland)†(b) | 4.95% | 1/15/2028 | 20,643,000 | 20,678,187 | ||||||||
| Avolon Holdings Funding Ltd. (Ireland)†(b) | 6.375% | 5/4/2028 | 13,465,000 | 13,758,726 | ||||||||
| Equitable America Global Funding† | 3.95% | 9/15/2027 | 14,152,000 | 14,067,455 | ||||||||
| Jefferies Financial Group, Inc. | 4.85% | 1/15/2027 | 7,227,000 | 7,233,003 | ||||||||
| LPL Holdings, Inc.† | 4.625% | 11/15/2027 | 16,696,000 | 16,588,423 | ||||||||
| Macquarie Airfinance Holdings Ltd. (United Kingdom)†(b) | 5.20% | 3/27/2028 | 103,354,000 | 103,714,811 | ||||||||
| Neuberger Berman Group LLC/Neuberger Berman Finance Corp.† | 4.50% | 3/15/2027 | 8,539,000 | 8,527,766 | ||||||||
| Stellantis Financial Services U.S. Corp.† | 5.338% (SOFR + 1.69%) | # | 9/15/2028 | 36,610,000 | 36,702,571 | |||||||
| Sumisho Air Lease Corp.† | 4.40% | 3/24/2028 | 26,062,000 | 25,912,699 | ||||||||
| Sumisho Air Lease Corp. | 5.30% | 2/1/2028 | 41,072,000 | 41,313,970 | ||||||||
| Sumisho Air Lease Corp. | 5.85% | 12/15/2027 | 44,645,000 | 45,233,953 | ||||||||
| Total | 502,239,345 | |||||||||||
| Electric 3.56% | ||||||||||||
| Alexander Funding Trust II† | 7.467% | 7/31/2028 | 12,000,000 | 12,473,767 | ||||||||
| Capital Power U.S. Holdings, Inc.† | 5.257% | 6/1/2028 | 5,519,000 | 5,529,048 | ||||||||
| Cleveland Electric Illuminating Co.† | 3.50% | 4/1/2028 | 19,355,000 | 18,947,656 | ||||||||
| Consolidated Edison Co. of New York, Inc. | 4.186% (SOFR + 0.52%) | # | 11/18/2027 | 13,174,000 | 13,179,918 | |||||||
| Constellation Energy Generation LLC | 4.625% | 2/1/2029 | 48,541,000 | 48,044,726 | ||||||||
| See Notes to Schedule of Investments. | 325 |
Schedule of Investments (unaudited)(continued)
ULTRA SHORT BOND FUND August 31, 2026
| Investments | Interest Rate | Maturity Date | Principal Amount | Fair Value | ||||||||
| Electric (continued) | ||||||||||||
| Duke Energy Progress LLC | 4.35% | 3/6/2027 | $ | 15,894,000 | $ | 15,904,446 | ||||||
| Duquesne Light Holdings, Inc.† | 3.616% | 8/1/2027 | 13,522,000 | 13,384,662 | ||||||||
| ENEL Finance International NV (Netherlands)†(b) | 2.125% | 7/12/2028 | 16,343,000 | 15,566,840 | ||||||||
| ENEL Finance International NV (Netherlands)†(b) | 3.50% | 4/6/2028 | 22,209,000 | 21,782,008 | ||||||||
| Fells Point Funding Trust† | 3.046% | 1/31/2027 | 13,000,000 | 12,922,482 | ||||||||
| Georgia Power Co. | 3.928% (SOFR + 0.28%) | # | 9/15/2026 | 30,747,000 | 30,747,765 | |||||||
| NextEra Energy Capital Holdings, Inc. | 4.464% (SOFR + 0.80%) | # | 2/4/2028 | 24,870,000 | 24,970,393 | |||||||
| NextEra Energy Capital Holdings, Inc. | 4.685% | 9/1/2027 | 19,071,000 | 19,120,531 | ||||||||
| NRG Energy, Inc.† | 2.45% | 12/2/2027 | 28,138,000 | 27,332,607 | ||||||||
| Pacific Gas & Electric Co. | 4.65% | 8/1/2028 | 18,600,000 | 18,555,754 | ||||||||
| Palomino Funding Trust I† | 7.233% | 5/17/2028 | 17,906,000 | 18,476,611 | ||||||||
| Perusahaan Perseroan Persero PT Perusahaan Listrik Negara (Indonesia)(b) | 4.125% | 5/15/2027 | 53,889,000 | 53,678,407 | ||||||||
| Perusahaan Perseroan Persero PT Perusahaan Listrik Negara (Indonesia)(b) | 5.45% | 5/21/2028 | 5,480,000 | 5,500,314 | ||||||||
| Vistra Operations Co. LLC† | 3.70% | 1/30/2027 | 30,306,000 | 30,195,686 | ||||||||
| Vistra Operations Co. LLC† | 5.00% | 7/31/2027 | 175,656,000 | 175,586,177 | ||||||||
| Vistra Operations Co. LLC† | 5.05% | 12/30/2026 | 13,292,000 | 13,333,577 | ||||||||
| Total | 595,233,375 | |||||||||||
| Engineering & Construction 0.23% | ||||||||||||
| MasTec, Inc.† | 4.50% | 8/15/2028 | 18,405,000 | 18,190,935 | ||||||||
| Mexico City Airport Trust (Mexico)(b) | 4.25% | 10/31/2026 | 20,573,000 | 20,551,810 | ||||||||
| Total | 38,742,745 | |||||||||||
| Food 0.28% | ||||||||||||
| Campbell’s Co. | 5.20% | 3/19/2027 | 7,282,000 | 7,316,255 | ||||||||
| Conagra Brands, Inc. | 1.375% | 11/1/2027 | 10,663,000 | 10,257,803 | ||||||||
| Flowers Foods, Inc. | 3.50% | 10/1/2026 | 23,525,000 | 23,510,723 | ||||||||
| JBS NV/JBS USA Foods Group Holdings, Inc./JBS USA Food Co. Holdings (Netherlands)(a)(b) | 2.50% | 1/15/2027 | 4,870,000 | 4,816,653 | ||||||||
| Total | 45,901,434 | |||||||||||
| Health Care-Products 1.09% | ||||||||||||
| Augusta SpinCo Corp. | 4.321% | 9/23/2027 | 66,633,000 | 66,441,992 | ||||||||
| Baxter International, Inc. | 4.45% | 2/15/2029 | 39,585,000 | 39,061,153 | ||||||||
| Medline Borrower LP† | 3.875% | 4/1/2029 | 9,037,000 | 8,756,349 | ||||||||
| Medline Borrower LP/Medline Co-Issuer, Inc.† | 6.25% | 4/1/2029 | 66,946,000 | 68,098,810 | ||||||||
| Total | 182,358,304 | |||||||||||
| 326 | See Notes to Schedule of Investments. |
Schedule of Investments (unaudited)(continued)
ULTRA SHORT BOND FUND August 31, 2026
| Investments | Interest Rate | Maturity Date | Principal Amount | Fair Value | ||||||||
| Health Care-Services 0.25% | ||||||||||||
| Fresenius Medical Care U.S. Finance III, Inc.† | 1.875% | 12/1/2026 | $ | 30,026,000 | $ | 29,804,375 | ||||||
| HCA, Inc. | 4.537% (SOFR + 0.87%) | # | 3/1/2028 | 12,336,000 | 12,384,260 | |||||||
| Total | 42,188,635 | |||||||||||
| Insurance 3.56% | ||||||||||||
| AEGON Funding Co. LLC† | 5.50% | 4/16/2027 | 14,595,000 | 14,669,374 | ||||||||
| Aon Corp. | 8.205% | 1/1/2027 | 26,360,000 | 26,653,313 | ||||||||
| Athene Global Funding†(a) | 3.205% | 3/8/2027 | 15,231,000 | 15,091,875 | ||||||||
| Athene Global Funding† | 4.648% (SOFR + 1.00%) | # | 9/18/2028 | 35,000,000 | 35,156,652 | |||||||
| Athene Global Funding† | 4.83% | 5/9/2028 | 16,643,000 | 16,576,590 | ||||||||
| Athene Global Funding† | 4.86% (SOFR + 1.21%) | # | 3/25/2027 | 26,628,000 | 26,691,625 | |||||||
| Brighthouse Financial Global Funding† | 2.00% | 6/28/2028 | 6,850,000 | 6,458,654 | ||||||||
| Brighthouse Financial Global Funding† | 5.55% | 4/9/2027 | 36,197,000 | 36,295,015 | ||||||||
| Brown & Brown, Inc. | 4.60% | 12/23/2026 | 13,088,000 | 13,099,464 | ||||||||
| CNO Global Funding † | 1.75% | 10/7/2026 | 9,962,000 | 9,937,902 | ||||||||
| Corebridge Global Funding† | 4.403% (SOFR + 0.75%) | # | 1/7/2028 | 42,614,000 | 42,566,153 | |||||||
| Corebridge Global Funding† | 4.95% (SOFR + 1.30%) | # | 9/25/2026 | 29,760,000 | 29,779,120 | |||||||
| F&G Global Funding† | 2.00% | 9/20/2028 | 20,583,000 | 19,255,724 | ||||||||
| F&G Global Funding† | 4.97% (SOFR + 1.33%) | # | 9/8/2028 | 35,756,000 | 35,777,473 | |||||||
| Jackson National Life Global Funding† | 4.597% (SOFR + 0.95%) | # | 9/12/2028 | 46,632,000 | 46,795,083 | |||||||
| Jackson National Life Global Funding† | 4.625% (SOFR + 0.97%) | # | 1/14/2028 | 42,738,000 | 42,876,151 | |||||||
| Jackson National Life Global Funding† | 4.70% | 6/5/2028 | 19,659,000 | 19,577,581 | ||||||||
| Jackson National Life Global Funding† | 4.90% | 1/13/2027 | 22,227,000 | 22,264,345 | ||||||||
| Jackson National Life Insurance Co.† | 8.15% | 3/15/2027 | 17,140,000 | 17,390,796 | ||||||||
| Marsh & McLennan Cos., Inc. | 4.363% (SOFR + 0.70%) | # | 11/8/2027 | 12,980,000 | 13,030,131 | |||||||
| MGIC Investment Corp. | 5.25% | 8/15/2028 | 6,555,000 | 6,541,290 | ||||||||
| Principal Life Global Funding II† | 4.476% (SOFR + 0.81%) | # | 8/18/2028 | 21,650,000 | 21,772,097 | |||||||
| Sammons Financial Group Global Funding† | 4.495% (SOFR + 0.85%) | # | 9/2/2027 | 60,111,000 | 60,110,709 | |||||||
| Sammons Financial Group, Inc.† | 4.45% | 5/12/2027 | 15,730,000 | 15,674,489 | ||||||||
| Total | 594,041,606 | |||||||||||
| See Notes to Schedule of Investments. | 327 |
Schedule of Investments (unaudited)(continued)
ULTRA SHORT BOND FUND August 31, 2026
| Investments | Interest Rate | Maturity Date | Principal Amount | Fair Value | ||||||||
| Internet 0.21% | ||||||||||||
| Alphabet, Inc. | 4.103% (SOFR + 0.44%) | # | 8/10/2028 | $ | 17,655,000 | $ | 17,686,816 | |||||
| Amazon.com, Inc. | 3.85% | 3/13/2028 | 17,483,000 | 17,322,249 | ||||||||
| Total | 35,009,065 | |||||||||||
| Leisure Time 0.74% | ||||||||||||
| Carnival Corp. Ltd.† | 4.00% | 8/1/2028 | 91,224,000 | 89,364,216 | ||||||||
| Royal Caribbean Cruises Ltd.† | 5.375% | 7/15/2027 | 30,074,000 | 30,111,300 | ||||||||
| Royal Caribbean Cruises Ltd.† | 5.50% | 4/1/2028 | 4,534,000 | 4,569,335 | ||||||||
| Total | 124,044,851 | |||||||||||
| Lodging 0.02% | ||||||||||||
| Las Vegas Sands Corp. | 5.90% | 6/1/2027 | 3,756,000 | 3,786,587 | ||||||||
| Machinery: Construction & Mining 0.28% | ||||||||||||
| Vertiv Group Corp.† | 4.125% | 11/15/2028 | 47,611,000 | 47,204,054 | ||||||||
| Media 0.10% | ||||||||||||
| Comcast Cable Communications LLC | 8.50% | 5/1/2027 | 5,455,000 | 5,587,780 | ||||||||
| Cox Communications, Inc. | 6.80% | 8/1/2028 | 10,030,000 | 10,286,972 | ||||||||
| Total | 15,874,752 | |||||||||||
| Mining 0.50% | ||||||||||||
| Freeport-McMoRan, Inc. | 5.00% | 9/1/2027 | 20,619,000 | 20,623,184 | ||||||||
| Glencore Funding LLC† | 4.402% (SOFR + 0.75%) | # | 10/1/2026 | 15,806,000 | 15,811,320 | |||||||
| Glencore Funding LLC† | 4.712% (SOFR + 1.06%) | # | 4/4/2027 | 23,809,000 | 23,897,007 | |||||||
| Rio Tinto Finance USA PLC (United Kingdom)(b) | 4.375% | 3/12/2027 | 6,645,000 | 6,648,113 | ||||||||
| Rio Tinto Finance USA PLC (United Kingdom)(b) | 4.487% (SOFR + 0.84%) | # | 3/14/2028 | 15,902,000 | 16,002,527 | |||||||
| Total | 82,982,151 | |||||||||||
| Miscellaneous Manufacturing 0.38% | ||||||||||||
| Eaton Corp. | 3.85% | 3/6/2028 | 64,390,000 | 63,702,103 | ||||||||
| Oil & Gas 1.11% | ||||||||||||
| Chevron USA, Inc. | 4.027% (SOFR + 0.36%) | # | 2/26/2027 | 13,300,000 | 13,310,537 | |||||||
| ConocoPhillips Co. | 4.40% | 7/15/2027 | 10,500,000 | 10,491,405 | ||||||||
| Continental Resources, Inc.† | 2.268% | 11/15/2026 | 4,625,000 | 4,605,396 | ||||||||
| Continental Resources, Inc. | 4.375% | 1/15/2028 | 28,339,000 | 28,133,599 | ||||||||
| Devon Energy Corp.† | 3.90% | 5/15/2027 | 17,620,000 | 17,559,244 | ||||||||
| Expand Energy Corp. | 5.375% | 2/1/2029 | 50,082,000 | 50,091,296 | ||||||||
| 328 | See Notes to Schedule of Investments. |
Schedule of Investments (unaudited)(continued)
ULTRA SHORT BOND FUND August 31, 2026
| Investments | Interest Rate | Maturity Date | Principal Amount | Fair Value | ||||||||
| Oil & Gas (continued) | ||||||||||||
| HF Sinclair Corp. | 5.00% | 2/1/2028 | $ | 10,304,000 | $ | 10,286,520 | ||||||
| KazMunayGas National Co. JSC (Kazakhstan)(b) | 4.75% | 4/19/2027 | 13,950,000 | 13,962,314 | ||||||||
| KazMunayGas National Co. JSC (Kazakhstan)(b) | 4.75% | 4/19/2027 | 8,975,000 | 8,982,923 | ||||||||
| Permian Resources Operating LLC† | 5.875% | 7/1/2029 | 28,667,000 | 28,713,588 | ||||||||
| Total | 186,136,822 | |||||||||||
| Packaging & Containers 0.02% | ||||||||||||
| Sonoco Products Co. | 4.45% | 9/1/2026 | 2,475,000 | 2,475,000 | ||||||||
| Pharmaceuticals 1.22% | ||||||||||||
| AbbVie, Inc. | 3.775% | 3/3/2028 | 27,512,000 | 27,192,864 | ||||||||
| Bayer Corp.† | 6.65% | 2/15/2028 | 13,666,000 | 14,007,273 | ||||||||
| Bayer U.S. Finance II LLC† | 4.375% | 12/15/2028 | 38,019,000 | 37,523,706 | ||||||||
| Bayer U.S. Finance LLC† | 6.125% | 11/21/2026 | 42,686,000 | 42,779,763 | ||||||||
| GlaxoSmithKline Capital PLC (United Kingdom)(a)(b) | 4.147% (SOFR + 0.50%) | # | 3/12/2027 | 33,206,000 | 33,252,143 | |||||||
| Novartis Capital Corp. | 4.183% (SOFR + 0.52%) | # | 11/5/2028 | 21,946,000 | 21,966,994 | |||||||
| Pfizer, Inc. | 3.875% | 11/15/2027 | 27,704,000 | 27,543,046 | ||||||||
| Total | 204,265,789 | |||||||||||
| Pipelines 0.43% | ||||||||||||
| Cheniere Energy, Inc. | 4.625% | 10/15/2028 | 13,588,000 | 13,516,774 | ||||||||
| Energy Transfer LP† | 6.00% | 2/1/2029 | 17,209,000 | 17,299,072 | ||||||||
| South Bow USA Infrastructure Holdings LLC | 4.911% | 9/1/2027 | 22,149,000 | 22,177,737 | ||||||||
| Targa Resources Partners LP/Targa Resources Partners Finance Corp. | 5.00% | 1/15/2028 | 18,534,000 | 18,527,102 | ||||||||
| Total | 71,520,685 | |||||||||||
| REITS 1.83% | ||||||||||||
| Crown Castle, Inc. | 3.80% | 2/15/2028 | 18,322,000 | 18,051,329 | ||||||||
| EPR Properties | 4.95% | 4/15/2028 | 3,979,000 | 3,973,055 | ||||||||
| Ladder Capital Finance Holdings LLLP/Ladder Capital Finance Corp.† | 4.25% | 2/1/2027 | 109,612,000 | 109,450,498 | ||||||||
| Public Storage Operating Co. | 4.359% (SOFR + 0.70%) | # | 4/16/2027 | 21,144,000 | 21,189,421 | |||||||
| SBA Communications Corp. | 3.875% | 2/15/2027 | 51,057,000 | 50,902,767 | ||||||||
| VICI Properties LP/VICI Note Co., Inc.† | 3.75% | 2/15/2027 | 31,779,000 | 31,649,283 | ||||||||
| VICI Properties LP/VICI Note Co., Inc.† | 4.50% | 1/15/2028 | 3,000,000 | 2,976,026 | ||||||||
| VICI Properties LP/VICI Note Co., Inc.† | 5.75% | 2/1/2027 | 16,659,000 | 16,689,433 | ||||||||
| WEA Finance LLC† | 2.875% | 1/15/2027 | 50,818,000 | 50,503,398 | ||||||||
| Total | 305,385,210 | |||||||||||
| See Notes to Schedule of Investments. | 329 |
Schedule of Investments (unaudited)(continued)
ULTRA SHORT BOND FUND August 31, 2026
| Investments | Interest Rate | Maturity Date | Principal Amount | Fair Value | ||||||||
| Software 1.04% | ||||||||||||
| Fiserv, Inc. | 2.25% | 6/1/2027 | $ | 3,187,000 | $ | 3,136,622 | ||||||
| Oracle Corp. | 2.30% | 3/25/2028 | 4,427,000 | 4,237,547 | ||||||||
| Oracle Corp. | 2.80% | 4/1/2027 | 44,791,000 | 44,347,290 | ||||||||
| Oracle Corp. | 4.424% (SOFR + 0.76%) | # | 8/3/2028 | 33,302,000 | 32,919,611 | |||||||
| Oracle Corp. | 4.55% | 2/4/2029 | 24,785,000 | 24,228,838 | ||||||||
| Oracle Corp. | 4.774% (SOFR + 1.11%) | # | 2/4/2029 | 45,537,000 | 45,140,715 | |||||||
| Oracle Corp. | 4.80% | 8/3/2028 | 19,511,000 | 19,376,741 | ||||||||
| Total | 173,387,364 | |||||||||||
| Telecommunications 0.50% | ||||||||||||
| NTT Finance Corp. (Japan)†(b) | 4.475% (SOFR + 0.83%) | # | 6/20/2029 | 28,463,000 | 28,485,440 | |||||||
| NTT Finance Corp. (Japan)†(b) | 4.567% | 7/16/2027 | 6,332,000 | 6,334,576 | ||||||||
| NTT Finance Corp. (Japan)†(b) | 4.729% (SOFR + 1.08%) | # | 7/16/2028 | 21,581,000 | 21,723,818 | |||||||
| NTT Finance Corp. (Japan)†(b) | 4.741% | 3/31/2028 | 26,600,000 | 26,558,482 | ||||||||
| Total | 83,102,316 | |||||||||||
| Total Corporate Bonds (cost $8,293,664,606) | 8,291,451,211 | |||||||||||
| FLOATING RATE LOANS(d) 5.31% | ||||||||||||
| Biotechnology 0.53% | ||||||||||||
| Biogen, Inc. 2026 Delayed Draw Term Loan (2027) | 4.389% (1 mo. USD Term SOFR + 0.75%) | 5/11/2027 | 44,511,000 | 44,483,403 | ||||||||
| Biogen, Inc. 2026 Delayed Draw Term Loan (2028) | 4.639% (1 mo. USD Term SOFR + 1.00%) | 5/12/2028 | 44,511,000 | 44,371,903 | ||||||||
| Total | 88,855,306 | |||||||||||
| Chemicals 0.14% | ||||||||||||
| Chevron Phillips Chemical Co. LLC Term Loan | 4.753% (1 mo. USD Term SOFR + 1.00%) | 5/9/2027 | 23,926,000 | 23,911,046 | ||||||||
| Diversified Financial Services 0.11% | ||||||||||||
| Air Lease Corp. 1st Lien Term Loan | 5.006% (1 mo. USD Term SOFR + 1.20%) | 11/24/2026 | 17,729,600 | 17,751,762 | ||||||||
| Electric 0.05% | ||||||||||||
| Cleco Power LLC Term Loan | 5.188% (1 mo. USD Term SOFR + 1.50%) | 4/24/2028 | 9,075,000 | 9,063,656 | ||||||||
| 330 | See Notes to Schedule of Investments. |
Schedule of Investments (unaudited)(continued)
ULTRA SHORT BOND FUND August 31, 2026
| Investments | Interest Rate | Maturity Date | Principal Amount | Fair Value | ||||||||
| Electronics 0.62% | ||||||||||||
| Amphenol Corp. Delayed Draw Term Loan | 4.392% (1 mo. USD Term SOFR + 0.75%) | 1/8/2027 | $ | 17,547,292 | $ | 17,558,259 | ||||||
| Honeywell International, Inc. Term Loan A1 | 4.561% (1 mo. USD Term SOFR + 0.88%) | 5/7/2027 | 50,521,136 | 50,521,136 | ||||||||
| Hubbell, Inc. Delayed Draw Term Loan | 4.706% (1 mo. USD Term SOFR + 1.00%) | 9/29/2028 | 35,463,000 | 35,396,507 | ||||||||
| Total | 103,475,902 | |||||||||||
| Health Care Products 0.20% | ||||||||||||
| Augusta SpinCo Corp. Tranche 2 Term Loan | – | (e) | 1/7/2028 | 9,325,444 | 9,331,273 | |||||||
| GE HealthCare Technologies, Inc. Term Loan | – | (e) | 12/12/2028 | 22,500,000 | 22,500,000 | |||||||
| Solventum Corp. Term Loan | 4.989% (1 mo. USD Term SOFR + 1.25%) | 3/8/2027 | 1,683,674 | 1,686,830 | ||||||||
| Total | 33,518,103 | |||||||||||
| Machinery: Construction & Mining 0.27% | ||||||||||||
| Oshkosh Corp. Term Loan | 4.586% (1 mo. USD Term SOFR + 0.90%) | 3/23/2027 | 44,294,000 | 44,321,684 | ||||||||
| Miscellaneous Manufacture 0.57% | ||||||||||||
| ITT, Inc. Delayed Draw Term Loan | 4.81% (1 mo. USD Term SOFR + 1.13%) | 2/18/2028 | 95,002,435 | 94,824,305 | ||||||||
| Oil & Gas 0.20% | ||||||||||||
| Antero Resources Corp. Term Loan | 5.286% (1 mo. USD Term SOFR + 1.50%) | 2/3/2029 | 32,911,393 | 33,055,380 | ||||||||
| Pipelines 0.25% | ||||||||||||
| Gray Oak Pipeline LLC Delayed Draw Term Loan | 5.103% (3 mo. USD Term SOFR + 1.25%) | 10/14/2026 | 41,385,000 | 41,356,031 | ||||||||
| Real Estate Investment Trusts 0.53% | ||||||||||||
| Host Hotels & Resorts LP 2023 Term Loan A1 | 4.586% (1 mo. USD Term SOFR + 0.90%) | 1/4/2027 | 44,760,333 | 44,760,333 | ||||||||
| Invitation Homes Operating Partnership LP 2024 Term Loan | 4.503% (1 mo. USD Term SOFR + 0.85%) | 9/11/2028 | 44,000,000 | 43,670,000 | ||||||||
| Total | 88,430,333 | |||||||||||
| Retail 0.95% | ||||||||||||
| 7-Eleven, Inc. Term Loan (2028) | 4.957% (3 mo. USD Term SOFR + 1.20%) | 12/11/2028 | 35,500,000 | 35,477,813 | ||||||||
| Lowes Cos., Inc. Delayed Draw Term Loan | 4.761% (3 mo. USD Term SOFR + 1.00%) | 9/15/2028 | 123,983,000 | 123,288,695 | ||||||||
| Total | 158,766,508 | |||||||||||
| See Notes to Schedule of Investments. | 331 |
Schedule of Investments (unaudited)(continued)
ULTRA SHORT BOND FUND August 31, 2026
| Investments | Interest Rate | Maturity Date | Principal Amount | Fair Value | ||||||||
| Software 0.26% | ||||||||||||
| Oracle Corp. Term Loan A | 5.036% (1 mo. USD Term SOFR + 1.25%) | 8/16/2027 | $ | 43,829,260 | $ | 43,774,474 | ||||||
| Telecommunications 0.51% | ||||||||||||
| AT&T, Inc. 2025 Delayed Draw Term Loan (11500mm) | – | (e) | 7/28/2028 | 68,613,143 | 68,698,909 | |||||||
| Motorola Solutions, Inc. Term Loan | 4.732% (3 mo. USD Term SOFR + 1.00%) | 8/5/2027 | 16,222,667 | 16,212,528 | ||||||||
| Total | 84,911,437 | |||||||||||
| Utilities 0.12% | ||||||||||||
| ENEL Finance America LLC Term Loan | 5.123% (3 mo. USD Term SOFR + 1.25%) | 11/20/2026 | 20,285,714 | 20,311,071 | ||||||||
| Total Floating Rate Loans (cost $888,505,749) | 886,326,998 | |||||||||||
| FOREIGN GOVERNMENT OBLIGATIONS(b) 0.50% | ||||||||||||
| Bermuda 0.09% | ||||||||||||
| Bermuda Government International Bonds | 3.717% | 1/25/2027 | 14,610,000 | 14,611,315 | ||||||||
| Romania 0.06% | ||||||||||||
| Romania Government International Bonds | 3.00% | 2/27/2027 | 10,840,000 | 10,736,473 | ||||||||
| South Korea 0.35% | ||||||||||||
| Korea National Oil Corp.† | 4.478% (SOFR + 0.83%) | # | 4/3/2027 | 12,514,000 | 12,551,579 | |||||||
| Korea National Oil Corp.†(a) | 4.548% (SOFR + 0.90%) | # | 9/30/2027 | 30,714,000 | 30,856,707 | |||||||
| Korea National Oil Corp.† | 4.735% (SOFR + 1.08%) | # | 11/14/2026 | 15,000,000 | 15,036,060 | |||||||
| Total | 58,444,346 | |||||||||||
| Total Foreign Government Obligations (cost $83,539,623) | 83,792,134 | |||||||||||
| NON-AGENCY COMMERCIAL MORTGAGE-BACKED SECURITIES 4.78% | ||||||||||||
| Bank of America Merrill Lynch Commercial Mortgage Trust Series 2017-BNK3 Class A4 | 3.574% | 2/15/2050 | 43,097,150 | 42,924,106 | ||||||||
| Bank Series 2017-BNK4 Class A3 | 3.362% | 5/15/2050 | 8,105,687 | 8,058,402 | ||||||||
| Bank Series 2017-BNK4 Class A4 | 3.625% | 5/15/2050 | 44,315,613 | 43,950,723 | ||||||||
| CD Mortgage Trust Series 2017-CD3 Class A3 | 3.356% | 2/10/2050 | 10,997,056 | 10,964,096 | ||||||||
| CFCRE Commercial Mortgage Trust Series 2017-C8 Class A4 | 3.572% | 6/15/2050 | 14,042,373 | 13,921,590 | ||||||||
| Citigroup Commercial Mortgage Trust Series 2017-P7 Class A3 | 3.442% | 4/14/2050 | 12,787,833 | 12,729,647 | ||||||||
| 332 | See Notes to Schedule of Investments. |
Schedule of Investments (unaudited)(continued)
ULTRA SHORT BOND FUND August 31, 2026
| Investments | Interest Rate | Maturity Date | Principal Amount | Fair Value | ||||||||
| NON-AGENCY COMMERCIAL MORTGAGE-BACKED SECURITIES (continued) | ||||||||||||
| Citigroup Commercial Mortgage Trust Series 2018-B2 Class A4 | 4.009% | 3/10/2051 | $ | 16,115,000 | $ | 15,921,436 | ||||||
| COMM Mortgage Trust Series 2017-COR2 Class A2 | 3.239% | 9/10/2050 | 34,498,745 | 34,298,421 | ||||||||
| CSAIL Commercial Mortgage Trust Series 2017-C8 Class A3 | 3.127% | 6/15/2050 | 22,579,544 | 22,366,761 | ||||||||
| CSAIL Commercial Mortgage Trust Series 2017-CX9 Class A4 | 3.176% | 9/15/2050 | 6,716,716 | 6,668,080 | ||||||||
| CSAIL Commercial Mortgage Trust Series 2018-CX11 Class A5 | 4.033% | #(f) | 4/15/2051 | 20,784,524 | 20,536,026 | |||||||
| CSMC Trust Series 2016-NXSR Class A4 | 3.795% | #(f) | 12/15/2049 | 14,937,290 | 14,902,122 | |||||||
| Federal Home Loan Mortgage Corp. STACR REMICS Trust Series 2022-DNA3 Class M2† | 7.993% (30 day USD SOFR Average + 4.35%) | # | 4/25/2042 | 10,000,000 | 10,204,224 | |||||||
| Federal Home Loan Mortgage Corp. STACR REMICS Trust Series 2024-DNA2 Class A1† | 4.893% (30 day USD SOFR Average + 1.25%) | # | 5/25/2044 | 5,028,627 | 5,046,908 | |||||||
| Federal Home Loan Mortgage Corp. STACR REMICS Trust Series 2024-DNA3 Class A1† | 4.693% (30 day USD SOFR Average + 1.05%) | # | 10/25/2044 | 4,292,750 | 4,289,121 | |||||||
| Federal Home Loan Mortgage Corp. STACR REMICS Trust Series 2024-HQA1 Class A1† | 4.893% (30 day USD SOFR Average + 1.25%) | # | 3/25/2044 | 7,122,628 | 7,129,083 | |||||||
| Federal Home Loan Mortgage Corp. STACR REMICS Trust Series 2024-HQA1 Class M1† | 4.893% (30 day USD SOFR Average + 1.25%) | # | 3/25/2044 | 2,410,262 | 2,410,616 | |||||||
| Federal Home Loan Mortgage Corp. STACR REMICS Trust Series 2024-HQA2 Class A1† | 4.893% (30 day USD SOFR Average + 1.25%) | # | 8/25/2044 | 14,997,500 | 15,003,973 | |||||||
| Federal Home Loan Mortgage Corp. STACR REMICS Trust Series 2025-DNA1 Class A1† | 4.593% (30 day USD SOFR Average + 0.95%) | # | 1/25/2045 | 4,085,000 | 4,084,102 | |||||||
| Federal National Mortgage Association Connecticut Avenue Securities Trust Series 2023-R07 Class 2M1† | 5.593% (30 day USD SOFR Average + 1.95%) | # | 9/25/2043 | 840,869 | 841,975 | |||||||
| See Notes to Schedule of Investments. | 333 |
Schedule of Investments (unaudited)(continued)
ULTRA SHORT BOND FUND August 31, 2026
| Investments | Interest Rate | Maturity Date | Principal Amount | Fair Value | ||||||||
| NON-AGENCY COMMERCIAL MORTGAGE-BACKED SECURITIES (continued) | ||||||||||||
| Federal National Mortgage Association Connecticut Avenue Securities Trust Series 2025-R01 Class 1A1† | 4.593% (30 day USD SOFR Average + 0.95%) | # | 1/25/2045 | $ | 9,128,306 | $ | 9,114,644 | |||||
| Federal National Mortgage Association Connecticut Avenue Securities Trust Series 2025-R02 Class 1A1† | 4.643% (30 day USD SOFR Average + 1.00%) | # | 2/25/2045 | 4,960,427 | 4,961,842 | |||||||
| Federal National Mortgage Association Connecticut Avenue Securities Trust Series 2025-R03 Class 2A1† | 5.093% (30 day USD SOFR Average + 1.45%) | # | 3/25/2045 | 3,084,130 | 3,090,992 | |||||||
| Federal National Mortgage Association Connecticut Avenue Securities Trust Series 2025-R05 Class 2A1† | 4.643% (30 day USD SOFR Average + 1.00%) | # | 7/25/2045 | 14,268,856 | 14,249,105 | |||||||
| Federal National Mortgage Association Connecticut Avenue Securities Trust Series 2025-R05 Class 2M1† | 4.843% (30 day USD SOFR Average + 1.20%) | # | 7/25/2045 | 12,082,020 | 12,086,447 | |||||||
| Federal National Mortgage Association Connecticut Avenue Securities Trust Series 2026-R01 Class 2M1† | 4.643% (30 day USD SOFR Average + 1.00%) | # | 1/25/2046 | 16,059,395 | 16,041,778 | |||||||
| GS Mortgage Securities Trust Series 2017-GS5 Class A3 | 3.409% | 3/10/2050 | 496,766 | 493,930 | ||||||||
| GS Mortgage Securities Trust Series 2017-GS5 Class A4 | 3.674% | 3/10/2050 | 40,993,967 | 40,632,892 | ||||||||
| GS Mortgage Securities Trust Series 2017-GS7 Class A4 | 3.43% | 8/10/2050 | 38,459,230 | 37,998,554 | ||||||||
| GS Mortgage Securities Trust Series 2017-GS8 Class A4 | 3.469% | 11/10/2050 | 18,665,000 | 18,385,867 | ||||||||
| GS Mortgage Securities Trust Series 2018-GS10 Class A4 | 3.89% | 7/10/2051 | 10,000,000 | 9,853,017 | ||||||||
| JP Morgan Chase Commercial Mortgage Securities Trust Series 2016-JP4 Class A4 | 3.648% | #(f) | 12/15/2049 | 6,589,000 | 6,565,256 | |||||||
| JP Morgan Chase Commercial Mortgage Securities Trust Series 2017-JP5 Class A5 | 3.723% | 3/15/2050 | 23,737,000 | 23,602,630 | ||||||||
| JPMCC Commercial Mortgage Securities Trust Series 2017-JP7 Class A5 | 3.454% | 9/15/2050 | 37,656,136 | 37,163,176 | ||||||||
| JPMDB Commercial Mortgage Securities Trust Series 2016-C2 Class A4 | 3.144% | 6/15/2049 | 1,187,033 | 1,166,853 | ||||||||
| Morgan Stanley Bank of America Merrill Lynch Trust Series 2016-C28 Class A4 | 3.544% | 1/15/2049 | 1,974,356 | 1,933,054 | ||||||||
| 334 | See Notes to Schedule of Investments. |
Schedule of Investments (unaudited)(continued)
ULTRA SHORT BOND FUND August 31, 2026
| Investments | Interest Rate | Maturity Date | Principal Amount | Fair Value | ||||||||
| NON-AGENCY COMMERCIAL MORTGAGE-BACKED SECURITIES (continued) | ||||||||||||
| Morgan Stanley Bank of America Merrill Lynch Trust Series 2016-C31 Class A5 | 3.102% | 11/15/2049 | $ | 26,604,294 | $ | 26,536,871 | ||||||
| Morgan Stanley Bank of America Merrill Lynch Trust Series 2016-C32 Class A3 | 3.459% | 12/15/2049 | 3,147,052 | 3,138,105 | ||||||||
| Morgan Stanley Bank of America Merrill Lynch Trust Series 2016-C32 Class A4 | 3.72% | 12/15/2049 | 30,542,000 | 30,448,279 | ||||||||
| Morgan Stanley Capital I Trust Series 2017-H1 Class A5 | 3.53% | 6/15/2050 | 6,355,400 | 6,297,491 | ||||||||
| OBX Trust Series 2025-NQM21 Class A1FC† | 4.917% | (g) | 10/25/2065 | 5,168,370 | 5,123,524 | |||||||
| UBS Commercial Mortgage Trust Series 2017-C1 Class A3 | 3.196% | 6/15/2050 | 9,023,511 | 8,974,249 | ||||||||
| UBS Commercial Mortgage Trust Series 2017-C3 Class A3 | 3.167% | 8/15/2050 | 32,347,000 | 31,910,131 | ||||||||
| UBS Commercial Mortgage Trust Series 2017-C4 Class A3 | 3.301% | 10/15/2050 | 5,076,666 | 5,024,269 | ||||||||
| Verus Securitization Trust Series 2025-10 Class A1FC† | 5.017% | (g) | 6/25/2070 | 6,883,609 | 6,834,629 | |||||||
| Wells Fargo Commercial Mortgage Trust Series 2016-C36 Class A4 | 3.065% | 11/15/2059 | 12,321,948 | 12,268,163 | ||||||||
| Wells Fargo Commercial Mortgage Trust Series 2016-C37 Class A5 | 3.794% | 12/15/2049 | 36,475,000 | 36,371,626 | ||||||||
| Wells Fargo Commercial Mortgage Trust Series 2016-LC25 Class A4 | 3.64% | 12/15/2059 | 11,923,560 | 11,897,251 | ||||||||
| Wells Fargo Commercial Mortgage Trust Series 2017-C42 Class A3 | 3.33% | 12/15/2050 | 15,015,723 | 14,777,472 | ||||||||
| Wells Fargo Commercial Mortgage Trust Series 2017-RC1 Class A4 | 3.631% | 1/15/2060 | 65,016,000 | 64,755,169 | ||||||||
| Total Non-Agency Commercial Mortgage-Backed Securities (cost $794,703,323) | 797,948,678 | |||||||||||
| U.S. TREASURY OBLIGATIONS 2.95% | ||||||||||||
| U.S. Treasury Inflation-Indexed Notes(h) | 0.125% | 4/15/2027 | 83,395,155 | 82,089,413 | ||||||||
| U.S. Treasury Notes | 3.375% | 2/29/2028 | 356,168,000 | 351,437,644 | ||||||||
| U.S. Treasury Notes | 4.25% | 11/30/2026 | 60,036,000 | 60,090,823 | ||||||||
| Total U.S. Treasury Obligations (cost $497,963,321) | 493,617,880 | |||||||||||
| Total Long-Term Investments (cost $15,063,944,191) | 15,053,134,630 | |||||||||||
| SHORT-TERM INVESTMENTS 10.06% | ||||||||||||
| COMMERCIAL PAPER 9.60% | ||||||||||||
| Auto Manufacturers 0.51% | ||||||||||||
| Stellantis Financial Services U.S. Corp.† | 4.107% | 9/1/2026 | 23,500,000 | 23,500,000 | ||||||||
| Stellantis Financial Services U.S. Corp.† | 4.351% | 9/23/2026 | 19,000,000 | 18,950,305 | ||||||||
| See Notes to Schedule of Investments. | 335 |
Schedule of Investments (unaudited)(continued)
ULTRA SHORT BOND FUND August 31, 2026
| Investments | Interest Rate | Maturity Date | Principal Amount | Fair Value | ||||||||
| Auto Manufacturers (continued) | ||||||||||||
| Stellantis Financial Services U.S. Corp.† | 4.415% | 9/3/2026 | $ | 35,659,000 | $ | 35,650,402 | ||||||
| Stellantis Financial Services U.S. Corp.† | 4.451% | 9/17/2026 | 7,725,000 | 7,709,996 | ||||||||
| Total | 85,810,703 | |||||||||||
| Beverages 0.79% | ||||||||||||
| Bacardi-Martini BV† | 4.383% | 9/25/2026 | 15,000,000 | 14,957,000 | ||||||||
| Keurig Dr. Pepper, Inc.† | 4.382% | 9/11/2026 | 35,672,000 | 35,629,392 | ||||||||
| Keurig Dr. Pepper, Inc.† | 4.492% | 9/2/2026 | 50,000,000 | 49,993,889 | ||||||||
| Keurig Dr. Pepper, Inc.† | 4.495% | 9/9/2026 | 31,159,000 | 31,128,533 | ||||||||
| Total | 131,708,814 | |||||||||||
| Commercial Services 0.43% | ||||||||||||
| Global Payments, Inc. | 4.137% | 9/1/2026 | 44,647,000 | 44,647,000 | ||||||||
| Global Payments, Inc. | 4.221% | 9/1/2026 | 13,394,000 | 13,394,000 | ||||||||
| Global Payments, Inc. | 4.221% | 9/4/2026 | 13,391,000 | 13,386,358 | ||||||||
| Total | 71,427,358 | |||||||||||
| Diversified Financial Services 1.08% | ||||||||||||
| Brookfield Infrastructure Holdings Canada, Inc. | 4.087% | 10/6/2026 | 17,050,000 | 16,983,529 | ||||||||
| Brookfield Infrastructure Holdings Canada, Inc. | 4.164% | 11/12/2026 | 25,000,000 | 24,790,175 | ||||||||
| Brookfield Infrastructure Holdings Canada, Inc. | 4.198% | 9/2/2026 | 26,234,000 | 26,230,998 | ||||||||
| Brookfield Infrastructure Holdings Canada, Inc. | 4.20% | 9/2/2026 | 16,757,000 | 16,755,082 | ||||||||
| Brookfield Infrastructure Holdings Canada, Inc. | 4.235% | 9/3/2026 | 16,000,000 | 15,996,311 | ||||||||
| Brookfield Infrastructure Holdings Canada, Inc. | 4.236% | 9/3/2026 | 52,500,000 | 52,487,896 | ||||||||
| Brookfield Infrastructure Holdings Canada, Inc. | 4.236% | 9/3/2026 | 27,575,000 | 27,568,642 | ||||||||
| Total | 180,812,633 | |||||||||||
| Electric 1.93% | ||||||||||||
| AES Corp.† | 4.292% | 9/2/2026 | 10,176,000 | 10,174,807 | ||||||||
| Constellation Energy Generation LLC† | 4.441% | 10/5/2026 | 22,266,000 | 22,175,575 | ||||||||
| Constellation Energy Generation LLC† | 4.457% | 10/30/2026 | 31,151,000 | 30,931,472 | ||||||||
| Enel Finance America LLC† | 4.16% | 9/18/2026 | 21,736,000 | 21,694,430 | ||||||||
| Evergy Missouri West, Inc.† | 4.082% | 9/1/2026 | 20,000,000 | 20,000,000 | ||||||||
| Evergy Missouri West, Inc.† | 4.083% | 9/10/2026 | 53,578,000 | 53,524,154 | ||||||||
| RWE AG† | 4.507% | 2/26/2027 | 44,438,000 | 43,510,281 | ||||||||
| RWE AG† | 4.606% | 4/21/2027 | 35,629,000 | 34,630,201 | ||||||||
| RWE AG† | 4.669% | 4/21/2027 | 88,265,000 | 85,762,197 | ||||||||
| Total | 322,403,117 | |||||||||||
| Electronics 0.16% | ||||||||||||
| Arrow Electronics, Inc.† | 4.234% | 9/9/2026 | 26,781,000 | 26,756,183 | ||||||||
| Gas 0.05% | ||||||||||||
| National Fuel Gas Co. | 4.383% | 9/25/2026 | 8,930,000 | 8,904,341 | ||||||||
| 336 | See Notes to Schedule of Investments. |
Schedule of Investments (unaudited)(continued)
ULTRA SHORT BOND FUND August 31, 2026
| Investments | Interest Rate | Maturity Date | Principal Amount | Fair Value | ||||||||
| Health Care-Products 0.64% | ||||||||||||
| Dentsply Sirona, Inc.† | 4.44% | 9/9/2026 | $ | 22,224,000 | $ | 22,202,517 | ||||||
| Dentsply Sirona, Inc.† | 4.443% | 9/15/2026 | 22,224,000 | 22,186,404 | ||||||||
| Dentsply Sirona, Inc.† | 4.516% | 10/8/2026 | 22,324,000 | 22,222,357 | ||||||||
| Dentsply Sirona, Inc.† | 4.528% | 9/11/2026 | 21,872,000 | 21,844,964 | ||||||||
| Dentsply Sirona, Inc.† | 4.533% | 9/23/2026 | 17,500,000 | 17,452,410 | ||||||||
| Total | 105,908,652 | |||||||||||
| Health Care-Services 0.88% | ||||||||||||
| Adventist Health System | Zero Coupon | 9/16/2026 | 44,187,000 | 44,109,305 | ||||||||
| CommonSpirit Health | 4.20% | 11/18/2026 | 15,000,000 | 14,866,750 | ||||||||
| HCA, Inc.† | 4.501% | 10/6/2026 | 17,514,000 | 17,439,419 | ||||||||
| HCA, Inc.† | 4.515% | 9/23/2026 | 26,660,000 | 26,588,477 | ||||||||
| HCA, Inc.† | 4.529% | 10/16/2026 | 44,215,000 | 43,972,370 | ||||||||
| Total | 146,976,321 | |||||||||||
| Investment Companies 0.07% | ||||||||||||
| HA Sustainable Infrastructure Capital, Inc.† | 4.124% | 9/3/2026 | 11,511,000 | 11,508,403 | ||||||||
| Leisure Time 0.41% | ||||||||||||
| Harley-Davidson Financial Services, Inc.† | 4.713% | 9/25/2026 | 22,169,000 | 22,101,015 | ||||||||
| Harley-Davidson Financial Services, Inc.† | 4.775% | 9/11/2026 | 28,821,000 | 28,783,693 | ||||||||
| Harley-Davidson Financial Services, Inc.† | 5.164% | 10/5/2026 | 17,760,000 | 17,675,462 | ||||||||
| Total | 68,560,170 | |||||||||||
| Oil & Gas 0.99% | ||||||||||||
| Antero Resources Corp.† | 4.345% | 9/4/2026 | 23,600,000 | 23,591,583 | ||||||||
| Antero Resources Corp.† | 4.424% | 9/25/2026 | 15,000,000 | 14,956,500 | ||||||||
| Antero Resources Corp.† | 4.425% | 9/25/2026 | 22,318,000 | 22,253,278 | ||||||||
| Antero Resources Corp.† | 4.426% | 9/25/2026 | 17,000,000 | 16,950,700 | ||||||||
| Antero Resources Corp.† | 4.451% | 9/25/2026 | 27,660,000 | 27,579,417 | ||||||||
| Antero Resources Corp.† | 4.451% | 9/25/2026 | 44,617,000 | 44,487,016 | ||||||||
| Antero Resources Corp.† | 4.452% | 9/25/2026 | 15,000,000 | 14,956,300 | ||||||||
| Total | 164,774,794 | |||||||||||
| Pharmaceuticals 0.22% | ||||||||||||
| Bayer Corp.† | 4.078% | 12/10/2026 | 37,000,000 | 36,568,617 | ||||||||
| Pipelines 0.16% | ||||||||||||
| Western Midstream Operating LP† | 4.16% | 9/4/2026 | 17,854,000 | 17,847,900 | ||||||||
| Western Midstream Operating LP† | 4.248% | 9/1/2026 | 9,525,000 | 9,525,000 | ||||||||
| Total | 27,372,900 | |||||||||||
| See Notes to Schedule of Investments. | 337 |
Schedule of Investments (unaudited)(continued)
ULTRA SHORT BOND FUND August 31, 2026
| Investments | Interest Rate | Maturity Date | Principal Amount | Fair Value | ||||||||
| Telecommunications 1.28% | ||||||||||||
| TELUS Corp.† | 4.36% | 11/2/2026 | $ | 75,000,000 | $ | 74,445,075 | ||||||
| TELUS Corp.† | 4.449% | 12/23/2026 | 15,000,000 | 14,792,711 | ||||||||
| TELUS Corp.† | 4.562% | 12/21/2026 | 66,511,000 | 65,609,091 | ||||||||
| TELUS Corp.† | 4.59% | 10/7/2026 | 43,300,000 | 43,108,181 | ||||||||
| TELUS Corp.† | 4.594% | 10/13/2026 | 16,169,000 | 16,085,433 | ||||||||
| Total | 214,040,491 | |||||||||||
| Total Commercial Paper (cost $1,603,566,540) | 1,603,533,497 | |||||||||||
| REPURCHASE AGREEMENTS 0.35% | ||||||||||||
| Repurchase Agreement dated 8/31/2026, 3.250% due 9/1/2026 with Fixed Income Clearing Corp. collateralized by $44,236,000 of U.S. Treasury Inflation Indexed Note at 0.375% due 1/15/2027; value: $60,629,765; proceeds: $59,446,145 (cost $59,440,779) | 59,440,779 | 59,440,779 | ||||||||||
| TIME DEPOSITS 0.01% | ||||||||||||
| CitiBank N.A.(i) (cost $1,788,058) | 1,788,058 | 1,788,058 | ||||||||||
| Shares | ||||||||||||
| MONEY MARKET FUNDS 0.10% | ||||||||||||
| Fidelity Government Portfolio(i) (cost $16,092,521) | 16,092,521 | 16,092,521 | ||||||||||
| Total Short-Term Investments (cost $1,680,887,898) | 1,680,854,855 | |||||||||||
| Total Investments in Securities 100.16% (cost $16,744,832,089) | 16,733,989,485 | |||||||||||
| Other Assets and Liabilities – Net (0.16)% | (26,621,192 | ) | ||||||||||
| Net Assets 100.00% | $ | 16,707,368,293 | ||||||||||
| CMT | Constant Maturity Rate. | |
| LIBOR | London Interbank Offered Rate. | |
| REITS | Real Estate Investment Trusts. | |
| REMICS | Real Estate Mortgage Investment Conduits. | |
| SOFR | Secured Overnight Financing Rate. | |
| STACR | Structured Agency Credit Risk. | |
| † | Security was purchased pursuant to Rule 144A under the Securities Act of 1933 and, unless registered under such Act or exempted from registration, may only be resold to qualified institutional buyers. At August 31, 2026, the total value of Rule 144A securities was $7,335,935,454, which represents 43.91% of net assets. | |
| # | Variable rate security. The interest rate represents the rate in effect at August 31, 2026. | |
| (a) | All or a portion of this security is temporarily on loan to unaffiliated broker/dealers. | |
| (b) | Foreign security traded in U.S. dollars. | |
| (c) | Variable Rate is Fixed to Float: Rate remains fixed or at Zero Coupon until designated future date. | |
| (d) | Floating Rate Loans in which the Fund invests generally pay interest at rates which are periodically re-determined at a margin above the SOFR or the prime rate offered by major U.S. banks. The rate(s) shown is the rate(s) in effect at August 31, 2026. | |
| (e) | Interest rate to be determined. | |
| (f) | Interest rate is based on the weighted average interest rates of the underlying mortgages within the mortgage pool. | |
| 338 | See Notes to Schedule of Investments. |
Schedule of Investments (unaudited)(concluded)
ULTRA SHORT BOND FUND August 31, 2026
| (g) | Step Bond – Security with a predetermined schedule of interest rate changes. | |
| (h) | Treasury Inflation Protected Security. A U.S. Treasury Note or Bond that offers protection from inflation by paying a fixed rate of interest on a principal amount that is adjusted for inflation based on the Consumer Price Index. | |
| (i) | Security was purchased with the cash collateral from loaned securities. |
Futures Contracts at August 31, 2026:
| Type | Expiration | Contracts | Position | Notional Amount | Notional Value | Unrealized Depreciation |
|||||||
| U.S. 2-Year Treasury Note | December 2026 | 4,567 | Long | $939,664,996 | $937,305,395 | $(2,359,601 | ) |
The following is a summary of the inputs used as of August 31, 2026 in valuing the Fund’s investments carried at fair value(1):
| Investment Type(2) | Level 1 | Level 2 | Level 3 | Total | ||||||||||||
| Long-Term Investments | ||||||||||||||||
| Asset-Backed Securities | $ | – | $ | 4,499,997,729 | $ | – | $ | 4,499,997,729 | ||||||||
| Corporate Bonds | – | 8,291,451,211 | – | 8,291,451,211 | ||||||||||||
| Floating Rate Loans | – | 886,326,998 | – | 886,326,998 | ||||||||||||
| Foreign Government Obligations | – | 83,792,134 | – | 83,792,134 | ||||||||||||
| Non-Agency Commercial Mortgage-Backed Securities | – | 797,948,678 | – | 797,948,678 | ||||||||||||
| U.S. Treasury Obligations | – | 493,617,880 | – | 493,617,880 | ||||||||||||
| Short-Term Investments | ||||||||||||||||
| Commercial Paper | – | 1,603,533,497 | – | 1,603,533,497 | ||||||||||||
| Repurchase Agreements | – | 59,440,779 | – | 59,440,779 | ||||||||||||
| Time Deposits | – | 1,788,058 | – | 1,788,058 | ||||||||||||
| Money Market Funds | 16,092,521 | – | – | 16,092,521 | ||||||||||||
| Total | $ | 16,092,521 | $ | 16,717,896,964 | $ | – | $ | 16,733,989,485 | ||||||||
| Other Financial Instruments | ||||||||||||||||
| Futures Contracts | ||||||||||||||||
| Assets | $ | – | $ | – | $ | – | $ | – | ||||||||
| Liabilities | (2,359,601 | ) | – | – | (2,359,601 | ) | ||||||||||
| Total | $ | (2,359,601 | ) | $ | – | $ | – | $ | (2,359,601 | ) | ||||||
| (1) | Refer to Note 2(a) for a description of fair value measurements and the three-tier hierarchy of inputs. | |
| (2) | See Schedule of Investments for fair values in each industry and identification of foreign issuers and/or geography. The table above is presented by Investment Type. When applicable, each Level 3 security is identified on the Schedule of Investments along with the valuation technique utilized. |
A reconciliation of Level 3 investments is presented when the Fund has a material amount of Level 3 investments at the beginning or end of the period in relation to the Fund’s net assets. Management has determined not to provide a reconciliation and a summary of unobservable inputs as the balance of Level 3 investments was not considered to be material to the Fund’s net assets at the beginning or end of the period.
| See Notes to Schedule of Investments. | 339 |
Notes to Schedule of Investments (unaudited)
| 1. | ORGANIZATION |
Lord Abbett Investment Trust (the “Trust”) is registered under the Investment Company Act of 1940, as amended (the “1940 Act”), as a diversified, open-end management investment company and was organized as a Delaware statutory trust on August 16, 1993. The Trust currently consists of the following thirteen funds (separately, a “Fund” and collectively, the “Funds”): Lord Abbett Convertible Fund (“Convertible Fund”), Lord Abbett Core Fixed Income Fund (“Core Fixed Income Fund”), Lord Abbett Core Plus Bond Fund (“Core Plus Bond Fund”), Lord Abbett Floating Rate Fund (“Floating Rate Fund”), Lord Abbett High Yield Fund (“High Yield Fund”), Lord Abbett Income Fund (“Income Fund”), Lord Abbett Inflation Focused Fund (“Inflation Focused Fund”), Lord Abbett Multi-Asset Balanced Opportunity Fund (“Multi-Asset Balanced Opportunity Fund”), Lord Abbett Multi-Asset Income Fund (“Multi-Asset Income Fund”), Lord Abbett Short Duration Core Bond Fund (“Short Duration Core Bond Fund”), Lord Abbett Short Duration Income Fund (“Short Duration Income Fund”), Lord Abbett Total Return Fund (“Total Return Fund”) and Lord Abbett Ultra Short Bond Fund (“Ultra Short Bond Fund”).
| 2. | SIGNIFICANT ACCOUNTING POLICIES |
| (a) | Investment Valuation–Under procedures approved by the Funds’ Board of Trustees (the “Board”), the Board has designated the determination of fair value of the Funds’ portfolio investments to Lord, Abbett & Co. LLC (“Lord Abbett”) as its valuation designee. Accordingly, Lord Abbett is responsible for, among other things, assessing and managing valuation risks, establishing, applying and testing fair value methodologies, and evaluating pricing services. Lord Abbett has formed a pricing committee (the “Pricing Committee”) that performs these responsibilities on behalf of Lord Abbett, administers the pricing and valuation of portfolio investments and ensures that prices utilized reasonably reflect fair value. Among other things, these procedures allow Lord Abbett, subject to Board oversight, to utilize independent pricing services, quotations from securities and financial instrument dealers, and other market sources to determine fair value. |
| Securities actively traded on any recognized U.S. or non-U.S. exchange or on the NASDAQ Stock Market LLC are valued at the last sale price or official closing price on the exchange or system on which they are principally traded. Events occurring after the close of trading on non-U.S. exchanges may result in adjustments to the valuation of foreign securities to reflect their fair value as of the close of regular trading on the New York Stock Exchange (“NYSE”). When valuing foreign equity securities that meet certain criteria, the Pricing Committee uses a third-party fair valuation service that values such securities to reflect market trading that occurs after the close of the applicable foreign markets of comparable securities or other instruments that correlate to the fair-valued securities. Unlisted equity securities are valued at the last quoted sale price or, if no sale price is available, at the mean between the most recently quoted bid and ask prices. Exchange traded options and futures contracts are valued at the last quoted sale price in the market where they are principally traded. If no sale has occurred, the mean between the most recently quoted bid and ask prices is used. Fixed income securities are valued based on evaluated prices supplied by independent pricing services, which reflect broker/dealer supplied valuations and the independent pricing services’ own electronic data processing techniques. Floating rate loans are valued at the average of bid and ask quotations obtained from dealers in loans on the basis of prices supplied by independent pricing services. Forward foreign |
340
Notes to Schedule of Investments (unaudited)(continued)
| currency exchange contracts are valued using daily forward exchange rates. Swaps, options and options on swaps are valued daily using independent pricing services or quotations from broker/dealers to the extent available. Investments in the Affiliated Funds, with the exception of the Private Credit Fund (“PCF”) are valued at their net asset value (“NAV”) each business day at the close of regular trading on the NYSE, normally 4:00 p.m. Eastern time. Investments in the PCF are valued at its NAV each month end. | |
| Securities for which prices are not readily available are valued at fair value as determined by the Pricing Committee. The Pricing Committee considers a number of factors, including observable and unobservable inputs, when arriving at fair value. The Pricing Committee may use observable inputs such as yield curves, broker quotes, observable trading activity, option adjusted spread models, related or comparable assets or liabilities, recent transactions, market multiples, book values and other relevant information to determine the fair value of portfolio investments. The Board or a designated committee thereof periodically reviews reports that may include fair value determinations made by the Pricing Committee, related market activity, inputs and assumptions, and retrospective comparison of prices of subsequent purchases and sales transactions to fair value determinations made by the Pricing Committee. | |
| Short-term securities with 60 days or less remaining to maturity are valued using the amortized cost method, which approximates fair value. Investments in open-ended money market mutual funds are valued at their NAV as of the close of each business day. | |
| Fair Value Measurements–Fair value is defined as the price that each Fund would receive upon selling an investment or transferring a liability in an orderly transaction to an independent buyer in the principal or most advantageous market of the investment. A three-tier hierarchy is used to maximize the use of observable market data and minimize the use of unobservable inputs and to establish classification of fair value measurements for disclosure purposes. Inputs refer broadly to the assumptions that market participants would use in pricing the asset or liability, including assumptions about risk - for example, the risk inherent in a particular valuation technique used to measure fair value (such as a pricing model) and/or the risk inherent in the inputs to the valuation technique. Inputs may be observable or unobservable. Observable inputs reflect the assumptions market participants would use in pricing the asset or liability. Observable inputs are based on market data obtained from sources independent of the reporting entity. Unobservable inputs reflect the reporting entity’s own assumptions about the assumptions market participants would use in pricing the asset or liability. Unobservable inputs are based on the best information available in the circumstances. The three-tier hierarchy classification is determined based on the lowest level of inputs that is significant to the fair value measurement, and is 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.); and | |
| ● | Level 3 – | significant unobservable inputs (including each Fund’s own assumptions in determining the fair value of investments). |
| A summary of inputs used in valuing each Fund’s investments and other financial instruments as of August 31, 2026 and, if applicable, Level 3 rollforwards for the period then ended is included in each Fund’s Schedule of Investments. |
341
Notes to Schedule of Investments (unaudited)(continued)
| Changes in valuation techniques may result in transfers into or out of an assigned level within the three-tier hierarchy. The inputs or methodology used for valuing securities are not necessarily an indication of the risk associated with investing in those securities. |
| 3. | FEDERAL TAX INFORMATION |
It is the policy of each Fund to meet the requirements of Subchapter M of the Internal Revenue Code of 1986, as amended, applicable to regulated investment companies and to distribute substantially all taxable income and capital gains to its shareholders. Therefore, no income tax provision is required.
Each Fund files U.S. federal and various state and local tax returns. No income tax returns are currently under examination. The statute of limitations on each Fund’s filed U.S. federal tax returns remains open generally three years after the filing of the tax return. The statutes of limitations on each Fund’s state and local tax returns may remain open for an additional year depending upon the jurisdiction.
| 4. | SECURITIES LENDING AGREEMENT |
The Funds, except for Inflation Focused Fund, have established a securities lending agreement with Citibank, N.A. for the lending of securities to qualified brokers in exchange for securities or cash collateral equal to at least the market value of securities loaned, plus interest, if applicable. Cash collateral is invested in an approved money market fund. In accordance with the Funds’ securities lending agreement, the market value of securities on loan is determined each day at the close of business and any additional collateral required to cover the value of securities on loan is delivered to the Funds on the next business day. As with other extensions of credit, the Funds may experience a delay in the recovery of their securities or incur a loss should the borrower of the securities breach its agreement with the Funds or the borrower becomes insolvent at a time when the collateral is insufficient to cover the cost of repurchasing securities on loan.
The initial collateral received by the Funds is required to have a value equal to at least 100% of the market value of the securities loaned. The collateral must be marked-to-market daily to cover increases in the market value of the securities loaned (or potentially a decline in the value of the collateral). In general, the risk of borrower default will be borne by Citibank, N.A.; the Funds will bear the risk of loss with respect to the investment of the cash collateral. The advantage of such loans is that the Funds continue to receive income on loaned securities while receiving a portion of any securities lending fees and earning returns on the cash amounts which may be reinvested for the purchase of investments in securities.
342
Notes to Schedule of Investments (unaudited)(continued)
As of August 31, 2026, the market value of securities loaned and collateral received were as follows:
| Funds | Market Value of Securities Loaned | Collateral Received | Non-Cash Collateral | |||||||||
| Convertible Fund | $ | 2,514,794 | $ | 2,617,713 | $ | – | ||||||
| Core Fixed Income Fund | 17,464,951 | 18,072,674 | – | |||||||||
| Core Plus Bond Fund | 55,458,975 | 57,634,088 | – | |||||||||
| Floating Rate Fund | 60,104,897 | 62,429,964 | – | |||||||||
| High Yield Fund | 174,656,186 | 181,522,052 | – | |||||||||
| Income Fund | 33,669,554 | 29,036,237 | 6,055,244 | |||||||||
| Short Duration Core Bond Fund | 1,791,002 | 1,848,510 | – | |||||||||
| Short Duration Income Fund | 81,695,472 | 84,108,750 | – | |||||||||
| Total Return Fund | 25,760,066 | 26,670,637 | – | |||||||||
| Ultra Short Bond Fund | 17,351,498 | 17,880,579 | – | |||||||||
| 5. | TRANSACTIONS WITH AFFILIATED FUNDS |
An affiliated fund is one in which a Fund has ownership of at least 5% of the outstanding voting securities of the underlying fund at any point during the fiscal year or any company which is under common ownership or control. Multi-Asset Balanced Opportunity Fund and Multi-Asset Income Fund had the following transactions with affiliated funds during the period ended August 31, 2026:
343
Notes to Schedule of Investments (unaudited)(continued)
Multi-Asset Balanced Opportunity Fund
| Affiliated funds | Value at 11/30/2025 | Purchases at Cost | Proceeds from Sales | Net Realized Gain/(Loss) | Net Change in Appreciation/ (Depreciation) | Value at 8/31/2026 | Shares as of 8/31/2026 | Dividend Income | Capital Gain Distributions | |||||||||||||||||||||||||||
| Lord Abbett Affiliated Fund, Inc.-Class I | $ | 184,628,949 | $ | 12,719,436 | $ | (30,015,681 | ) | $ | 7,662,996 | $ | 3,409,830 | $ | 178,405,530 | 7,869,675 | $ | 1,676,192 | $ | 11,043,244 | ||||||||||||||||||
| Lord Abbett Investment Trust-Core Fixed Income Fund-Class I | 553,480,742 | 13,555,040 | (256,045,706 | ) | 1,577,264 | (13,710,357 | ) | 298,856,983 | 33,022,871 | 13,614,344 | – | |||||||||||||||||||||||||
| Lord Abbett Investment Trust-Core Plus Bond Fund-Class I | – | 236,886,586 | (8,693,000 | ) | (239,019 | ) | (8,535,566 | ) | 219,419,001 | 17,511,492 | 5,772,234 | – | ||||||||||||||||||||||||
| Lord Abbett Research Fund, Inc.- Dividend Growth Fund-Class I | 288,939,496 | 13,814,963 | (35,600,456 | ) | 11,963,724 | 837,274 | 279,955,001 | 10,139,623 | 1,936,940 | 11,878,023 | ||||||||||||||||||||||||||
| Lord Abbett Global Fund, Inc.-Emerging Markets Bond Fund-Class I | 75,884,032 | 661,080 | (76,955,550 | ) | (4,771,227 | ) | 5,181,665 | – | – | 683,308 | – | |||||||||||||||||||||||||
| Lord Abbett Securities Trust- Fundamental Equity Fund-Class I | 255,464,354 | 19,280,339 | (14,066,000 | ) | 3,982,560 | (1,189,813 | ) | 263,471,440 | 14,801,766 | 1,877,140 | 17,403,199 | |||||||||||||||||||||||||
| Lord Abbett Securities Trust-Growth Leaders Fund-Class I | 225,125,640 | 44,834,561 | (12,565,000 | ) | 6,067,719 | (964,093 | ) | 262,498,827 | 4,395,493 | – | 4,340,424 | |||||||||||||||||||||||||
| Lord Abbett Investment Trust-High Yield Fund-Class I | 121,924,147 | 6,410,422 | (12,514,485 | ) | (2,378,239 | ) | (495,513 | ) | 112,946,332 | 18,042,545 | 6,421,281 | – | ||||||||||||||||||||||||
| Lord Abbett Securities Trust- International Equity Fund-Class I | 90,176,229 | 4,600,921 | (5,263,000 | ) | 1,302,949 | 10,675,573 | 101,492,672 | 4,803,250 | 1,089,389 | 3,511,532 | ||||||||||||||||||||||||||
| Lord Abbett Securities Trust- International Value Fund-Class I | 80,333,171 | 1,844,954 | (4,691,000 | ) | 1,386,087 | 14,667,396 | 93,540,608 | 7,629,740 | 1,844,954 | – | ||||||||||||||||||||||||||
| Lord Abbett Investment Trust-Short Duration Income Fund-Class I | – | 84,696,554 | (3,289,000 | ) | (49,378 | ) | (1,520,015 | ) | 79,838,161 | 8,307,821 | 3,311,520 | – | ||||||||||||||||||||||||
| Lord Abbett Investment Trust-Ultra Short Bond Fund-Class I | 53,915,091 | 1,268,352 | (19,119,629 | ) | 7,411 | (159,874 | ) | 35,911,351 | 3,587,548 | 1,273,863 | – | |||||||||||||||||||||||||
| Lord Abbett Securities Trust-Value Opportunities Fund-Class I | 48,708,718 | 2,744,888 | (2,661,000 | ) | (74,700 | ) | 2,732,444 | 51,450,350 | 2,394,153 | 219,515 | 2,525,372 | |||||||||||||||||||||||||
| Lord Abbett Private Credit Fund | 36,859,267 | 13,403,212 | – | – | (717,978 | ) | 49,544,501 | 1,997,762 | 3,534,132 | – | ||||||||||||||||||||||||||
| Total | $ | 2,015,439,836 | $ | 456,721,308 | $ | (481,479,507 | ) | $ | 26,438,147 | $ | 10,210,973 | $ | 2,027,330,757 | $ | 43,254,812 | $ | 50,701,794 | |||||||||||||||||||
344
Notes to Schedule of Investments (unaudited)(concluded)
Multi-Asset Income Fund
| Affiliated funds | Value at 11/30/2025 | Purchases at Cost | Proceeds from Sales | Net Realized Gain/(Loss) | Net Change in Appreciation/ (Depreciation) | Value at 8/31/2026 | Shares as of 8/31/2026 | Dividend Income | Capital Gain Distributions | |||||||||||||||||||||||||||
| Lord Abbett Affiliated Fund, Inc.-Class I | $ | 41,684,412 | $ | 2,861,702 | $ | (10,514,988 | ) | $ | 2,671,007 | $ | (376,382 | ) | $ | 36,325,751 | 1,602,371 | $ | 365,699 | $ | 2,496,003 | |||||||||||||||||
| Lord Abbett Investment Trust-Core Fixed Income Fund-Class I | 369,100,011 | 9,689,930 | (144,049,371 | ) | (13,486,217 | ) | 4,303,894 | 225,558,247 | 24,923,563 | 9,722,566 | – | |||||||||||||||||||||||||
| Lord Abbett Investment Trust-Core Plus Bond Fund-Class I | – | 124,858,801 | (5,177,000 | ) | (143,946 | ) | (4,448,670 | ) | 115,089,185 | 9,185,090 | 3,027,372 | – | ||||||||||||||||||||||||
| Lord Abbett Research Fund, Inc.-Dividend Growth Fund-Class I | 64,465,938 | 3,080,774 | (4,488,000 | ) | 1,507,850 | 1,478,248 | 66,044,810 | 2,392,061 | 437,701 | 2,643,073 | ||||||||||||||||||||||||||
| Lord Abbett Global Fund, Inc.-Emerging Markets Bond Fund-Class I | 27,822,998 | 242,386 | (28,215,872 | ) | (1,544,144 | ) | 1,694,632 | – | – | 250,539 | – | |||||||||||||||||||||||||
| Lord Abbett Securities Trust-Fundamental Equity Fund-Class I | 59,419,294 | 20,258,798 | (12,627,527 | ) | 3,572,430 | (1,964,112 | ) | 68,658,883 | 3,857,240 | 437,085 | 4,052,262 | |||||||||||||||||||||||||
| Lord Abbett Securities Trust-Growth Leaders Fund-Class I | 51,480,000 | 16,625,952 | (11,309,876 | ) | 5,964,839 | (4,884,712 | ) | 57,876,203 | 969,126 | – | 993,663 | |||||||||||||||||||||||||
| Lord Abbett Investment Trust-High Yield Fund-Class I | 70,272,685 | 3,676,859 | (7,258,357 | ) | (1,357,758 | ) | (280,124 | ) | 65,053,305 | 10,391,902 | 3,682,932 | – | ||||||||||||||||||||||||
| Lord Abbett Securities Trust- International Equity Fund-Class I | 40,051,892 | 1,840,866 | (6,441,363 | ) | 1,475,469 | 3,380,382 | 40,307,246 | 1,907,584 | 435,874 | 1,404,992 | ||||||||||||||||||||||||||
| Lord Abbett Securities Trust- International Value Fund-Class I | 32,086,387 | 643,549 | (5,899,363 | ) | 1,491,682 | 4,204,844 | 32,527,099 | 2,653,108 | 643,549 | – | ||||||||||||||||||||||||||
| Lord Abbett Investment Trust-Short Duration Income Fund-Class I | – | 33,062,881 | (1,502,269 | ) | (22,806 | ) | (589,128 | ) | 30,948,678 | 3,220,466 | 1,289,277 | – | ||||||||||||||||||||||||
| Lord Abbett Investment Trust-Ultra Short Bond Fund-Class I | 20,560,744 | 458,060 | (8,308,203 | ) | 3,436 | (57,907 | ) | 12,656,130 | 1,264,349 | 460,263 | – | |||||||||||||||||||||||||
| Lord Abbett Private Credit Fund | 16,125,916 | 5,863,905 | – | – | (314,115 | ) | 21,675,706 | 874,021 | 1,546,182 | – | ||||||||||||||||||||||||||
| Total | $ | 793,070,277 | $ | 223,164,463 | $ | (245,792,189 | ) | $ | 131,842 | $ | 2,146,850 | $ | 772,721,243 | $ | 22,299,039 | $ | 11,589,993 | |||||||||||||||||||
345
Investments in Affiliated Funds (unaudited)
The Funds invest in Affiliated Funds managed by Lord Abbett. As of August 31, 2026, each Fund’s long-term investments were allocated among the Affiliated Funds as follows:
Multi-Asset Balanced Opportunity Fund’s Investments:
| Affiliated Fund Name | % |
| Lord Abbett Affiliated Fund, Inc.-Class I | 8.80% |
| Lord Abbett Investment Trust-Core Fixed Income Fund-Class I | 14.74% |
| Lord Abbett Investment Trust-Core Plus Bond Fund-Class I | 10.82% |
| Lord Abbett Research Fund, Inc.-Dividend Growth Fund-Class I | 13.81% |
| Lord Abbett Securities Trust-Fundamental Equity Fund-Class I | 13.00% |
| Lord Abbett Securities Trust-Growth Leaders Fund-Class I | 12.95% |
| Lord Abbett Investment Trust-High Yield Fund-Class I | 5.57% |
| Lord Abbett Securities Trust-International Equity Fund-Class I | 5.01% |
| Lord Abbett Securities Trust-International Value Fund-Class I | 4.61% |
| Lord Abbett Investment Trust-Short Duration Income Fund-Class I | 3.94% |
| Lord Abbett Investment Trust-Ultra Short Bond Fund-Class I | 1.77% |
| Lord Abbett Securities Trust-Value Opportunities Fund-Class I | 2.54% |
| Lord Abbett Private Credit Fund | 2.44% |
| Total | 100.00% |
Multi-Asset Income Fund’s Investments:
| Affiliated Fund Name | % |
| Lord Abbett Affiliated Fund, Inc.-Class I | 4.70% |
| Lord Abbett Investment Trust-Core Fixed Income Fund-Class I | 29.19% |
| Lord Abbett Investment Trust-Core Plus Bond Fund-Class I | 14.89% |
| Lord Abbett Research Fund, Inc.-Dividend Growth Fund-Class I | 8.55% |
| Lord Abbett Securities Trust-Fundamental Equity Fund-Class I | 8.88% |
| Lord Abbett Securities Trust-Growth Leaders Fund-Class I | 7.49% |
| Lord Abbett Investment Trust-High Yield Fund-Class I | 8.42% |
| Lord Abbett Securities Trust-International Equity Fund-Class I | 5.22% |
| Lord Abbett Securities Trust-International Value Fund-Class I | 4.21% |
| Lord Abbett Investment Trust-Short Duration Income Fund-Class I | 4.00% |
| Lord Abbett Investment Trust-Ultra Short Bond Fund-Class I | 1.64% |
| Lord Abbett Private Credit Fund | 2.81% |
| Total | 100.00% |
Each Affiliated Fund’s annual and semiannual reports, which are sent to shareholders and filed with the SEC, contain information about the Affiliated Fund’s portfolio holdings, including a complete schedule of holdings. A complete schedule of holdings for each Affiliated Fund, with the exception of PCF, is also filed with the SEC on Form N-PORT as of the end of each respective Affiliated Fund’s first and third quarters. With respect to PCF, a complete schedule of holdings is filed in its quarterly reports on Form 10-Q and annual reports on Form 10-K. In addition, on or about the first day of the second month following each calendar quarter-end, each Affiliated Fund, with the exception of PCF, makes publicly available a complete schedule of its portfolio holdings as of the last day of each such quarter. The information for the most recently ended calendar quarter may be viewed at www.lordabbett.com or requested at no charge by calling Lord Abbett at 888-522-2388.
346
QPHR-INV-3Q
(10/26)