Fund Name | Listing Exchange | Ticker Symbol | |||
Nuveen Enhanced Yield U.S. Aggregate Bond ETF | NYSE Arca | NUAG | |||
Nuveen Enhanced Yield 1-5 Year U.S. Aggregate Bond ETF | NYSE Arca | NUSA | |||
Nuveen ESG High Yield Corporate Bond ETF | NYSE Arca | NUHY | |||
Nuveen ESG U.S. Aggregate Bond ETF | NYSE Arca | NUBD |
Total Returns as of January 31, 2022 | |||||||
Cumulative | Average Annual | ||||||
Inception
Date |
6-Month | 1-Year | 5-Year | Since
Inception |
Expense
Ratios | ||
NUAG at NAV | 9/14/16 | (3.62)% | (3.65)% | 2.98% | 2.37% | 0.20% | |
NUAG at Market Price | 9/14/16 | (3.68)% | (3.77)% | 2.95% | 2.36% | - | |
ICE BofA U.S. Broad Market Index | - | (3.09)% | (2.88)% | 3.14% | 2.46% | - | |
ICE BofA Enhanced Yield U.S. Broad Bond Index | - | (3.40)% | (3.04)% | 3.38% | 2.76% | - |
Total Returns as of January 31, 2022 | ||||||
Cumulative | Average Annual | |||||
Inception
Date |
6-Month | 1-Year | Since
Inception |
Expense
Ratios | ||
NUSA at NAV | 3/31/17 | (2.17)% | (1.97)% | 2.21% | 0.20% | |
NUSA at Market Price | 3/31/17 | (2.31)% | (2.14)% | 2.19% | - | |
ICE BofA 1-5 Year U.S. Broad Market Index | - | (1.89)% | (2.04)% | 1.97% | - | |
ICE BofA Enhanced Yield 1-5 Year U.S. Broad Bond Index | - | (2.03)% | (1.68)% | 2.49% | - |
Total Returns as of January 31, 2022 | ||||||
Cumulative | Average Annual | |||||
Inception
Date |
6-Month | 1-Year | Since
Inception |
Expense
Ratios | ||
NUHY at NAV | 9/25/19 | (2.00)% | (0.14)% | 2.53% | 0.30% | |
NUHY at Market Price | 9/25/19 | (1.88)% | (0.28)% | 2.67% | - | |
Bloomberg U.S. High Yield Very Liquid Index | - | (1.74)% | 1.39% | 4.22% | - | |
Bloomberg MSCI U.S. High Yield Very Liquid ESG Select Index | - | (1.57)% | 0.70% | 3.02% | - |
Total Returns as of January 31, 2022 | ||||||
Cumulative | Average Annual | |||||
Inception
Date |
6-Month | 1-Year | Since
Inception |
Expense
Ratios | ||
NUBD at NAV | 9/29/17 | (3.25)% | (3.36)% | 2.58% | 0.15% | |
NUBD at Market Price | 9/29/17 | (3.35)% | (3.77)% | 2.56% | - | |
Bloomberg U.S. Aggregate Bond Index | - | (3.17)% | (2.97)% | 2.87% | - | |
Bloomberg MSCI U.S. Aggregate ESG Select Index | - | (3.15)% | (3.02)% | 2.85% | - |
Dividend Rate | 1.65% |
SEC 30-Day Yield | 1.58% |
Dividend Rate | 1.82% |
SEC 30-Day Yield | 1.31% |
Dividend Rate | 4.42% |
SEC 30-Day Yield | 4.16% |
Dividend Rate | 1.85% |
SEC 30-Day Yield | 1.61% |
Actual Performance | |
Beginning Account Value | $1,000.00 |
Ending Account Value | $ 963.76 |
Expenses Incurred During Period | $ 0.99 |
Hypothetical
Performance (5% annualized return before expenses) |
|
Beginning Account Value | $1,000.00 |
Ending Account Value | $1,024.20 |
Expenses Incurred During the Period | $ 1.02 |
Actual Performance | |
Beginning Account Value | $1,000.00 |
Ending Account Value | $ 978.33 |
Expenses Incurred During Period | $ 1.00 |
Hypothetical
Performance (5% annualized return before expenses) |
|
Beginning Account Value | $1,000.00 |
Ending Account Value | $1,024.20 |
Expenses Incurred During the Period | $ 1.02 |
Actual Performance | |
Beginning Account Value | $1,000.00 |
Ending Account Value | $ 979.95 |
Expenses Incurred During Period | $ 1.60 |
Hypothetical
Performance (5% annualized return before expenses) |
|
Beginning Account Value | $1,000.00 |
Ending Account Value | $1,023.59 |
Expenses Incurred During the Period | $ 1.63 |
Actual Performance | |
Beginning Account Value | $1,000.00 |
Ending Account Value | $ 967.53 |
Expenses Incurred During Period | $ 0.84 |
Hypothetical
Performance (5% annualized return before expenses) |
|
Beginning Account Value | $1,000.00 |
Ending Account Value | $1,024.35 |
Expenses Incurred During the Period | $ 0.87 |
Principal Amount (000) | Description (1) | Coupon | Maturity | Ratings (2) | Value | |
LONG-TERM INVESTMENTS – 99.3% | ||||||
SECURITIZED – 34.8% | ||||||
$ 400 | BANK 2021-BNK33 | 2.021% | 5/15/64 | Aaa | $387,723 | |
150 | Benchmark 2021-B27 Mortgage Trust | 2.703% | 7/15/54 | A- | 143,584 | |
200 | BMARK 2021-B29 A5 | 2.024% | 9/15/54 | AAA | 199,323 | |
250 | COMM 2015-LC19 Mortgage Trust | 3.527% | 2/10/48 | Aa1 | 258,857 | |
459 | Fannie Mae Pool AL9125 | 4.000% | 10/01/43 | N/R | 495,186 | |
224 | Fannie Mae Pool AS6302 | 3.500% | 12/01/45 | N/R | 236,661 | |
345 | Fannie Mae Pool AX4887 | 4.000% | 12/01/44 | N/R | 373,261 | |
392 | Fannie Mae Pool FM7558 | 3.500% | 9/01/50 | N/R | 408,789 | |
31 | Fannie Mae Pool MA1489 | 3.000% | 7/01/43 | N/R | 32,079 | |
252 | Fannie Mae Pool MA2929 | 3.500% | 3/01/47 | N/R | 265,623 | |
2,536 | Fannie Mae Pool MA3120 | 3.500% | 9/01/47 | N/R | 2,657,076 | |
88 | Fannie Mae Pool MA3211 | 4.000% | 12/01/47 | N/R | 93,677 | |
158 | Fannie Mae Pool MA3239 | 4.000% | 1/01/48 | N/R | 168,204 | |
215 | Fannie Mae Pool MA3276 | 3.500% | 2/01/48 | N/R | 225,864 | |
54 | Fannie Mae Pool MA3277 | 4.000% | 2/01/48 | N/R | 56,970 | |
111 | Fannie Mae Pool MA3305 | 3.500% | 3/01/48 | N/R | 116,658 | |
36 | Fannie Mae Pool MA3306 | 4.000% | 3/01/48 | N/R | 38,091 | |
4,026 | Fannie Mae Pool MA3332 | 3.500% | 4/01/48 | N/R | 4,216,650 | |
68 | Fannie Mae Pool MA3383 | 3.500% | 6/01/48 | N/R | 71,557 | |
508 | Fannie Mae Pool MA3416 | 4.500% | 7/01/48 | N/R | 542,216 | |
65 | Fannie Mae Pool MA3467 | 4.000% | 9/01/48 | N/R | 68,723 | |
70 | Fannie Mae Pool MA3663 | 3.500% | 5/01/49 | N/R | 73,039 | |
98 | Fannie Mae Pool MA3744 | 3.000% | 8/01/49 | N/R | 100,387 | |
111 | Fannie Mae Pool MA3774 | 3.000% | 9/01/49 | N/R | 113,379 | |
151 | Fannie Mae Pool MA3905 | 3.000% | 1/01/50 | N/R | 154,326 | |
1,367 | Fannie Mae Pool MA4209 | 1.500% | 12/01/50 | N/R | 1,294,477 | |
661 | Fannie Mae Pool MA4304 | 1.500% | 4/01/51 | N/R | 626,377 | |
3,992 | Fannie Mae Pool MA4355 | 2.000% | 6/01/51 | N/R | 3,898,616 | |
8,049 | Fannie Mae Pool MA4380 | 3.000% | 7/01/51 | N/R | 8,277,556 | |
6,294 | Fannie Mae Pool MA4398 | 2.000% | 8/01/51 | N/R | 6,144,903 | |
491 | Fannie Mae Pool MA4412 | 1.500% | 9/01/51 | N/R | 465,163 | |
11,427 | Fannie Mae Pool MA4413 | 2.000% | 9/01/51 | N/R | 11,151,594 | |
5,313 | Fannie Mae Pool MA4414 | 2.500% | 9/01/51 | N/R | 5,311,863 | |
495 | Fannie Mae Pool MA4465 | 2.000% | 11/01/51 | N/R | 482,668 | |
1,474 | Fannie Mae Pool MA4466 | 2.500% | 11/01/51 | N/R | 1,473,252 | |
795 | Fannie Mae Pool MA4492 | 2.000% | 12/01/51 | N/R | 775,628 |
Principal Amount (000) | Description (1) | Coupon | Maturity | Ratings (2) | Value | |
$ 297 | Fannie Mae Pool MA4493 | 2.500% | 12/01/51 | N/R | $297,131 | |
199 | Fannie Mae Pool MA4511 | 2.000% | 12/01/51 | N/R | 194,683 | |
299 | Fannie Mae Pool MA4512 | 2.500% | 1/01/52 | N/R | 298,932 | |
7,600 | Fannie Mae Pool MA4549, (DD1) | 3.000% | 2/01/52 | N/R | 7,773,253 | |
3,500 | Fannie Mae Pool MA4550, (WI/DD, Settling 2/14/22) | 3.500% | 2/01/52 | N/R | 3,649,633 | |
9,410 | Fannie Mae Pool MA4563, (WI/DD, Settling 2/14/22) | 2.500% | 2/01/52 | N/R | 9,402,510 | |
210 | Freddie Mac Gold Pool G08797 | 4.000% | 1/01/48 | N/R | 224,064 | |
93 | Freddie Mac Gold Pool G08800 | 3.500% | 2/01/48 | N/R | 97,627 | |
350 | Freddie Mac Multifamily Structured Pass Through Certificates | 0.861% | 6/25/27 | Aaa | 338,791 | |
214 | Freddie Mac Multifamily Structured Pass Through Certificates | 1.760% | 3/25/28 | Aaa | 212,400 | |
199 | Freddie Mac Multifamily Structured Pass Through Certificates | 1.353% | 11/25/30 | Aaa | 192,747 | |
399 | Freddie Mac Multifamily Structured Pass Through Certificates | 1.724% | 3/25/36 | N/R | 380,311 | |
25 | Ginnie Mae II Pool MA2149 | 4.000% | 8/20/44 | N/R | 26,612 | |
247 | Ginnie Mae II Pool MA3310 | 3.500% | 12/20/45 | N/R | 260,365 | |
76 | Ginnie Mae II Pool MA3311 | 4.000% | 12/20/45 | N/R | 81,333 | |
83 | Ginnie Mae II Pool MA3874 | 3.500% | 8/20/46 | N/R | 86,522 | |
54 | Ginnie Mae II Pool MA3937 | 3.500% | 9/20/46 | N/R | 56,351 | |
113 | Ginnie Mae II Pool MA4900 | 3.500% | 12/20/47 | N/R | 118,434 | |
88 | Ginnie Mae II Pool MA4962 | 3.500% | 1/20/48 | N/R | 91,112 | |
91 | Ginnie Mae II Pool MA5875 | 3.500% | 4/20/49 | N/R | 94,184 | |
154 | Ginnie Mae II Pool MA6283 | 3.000% | 11/20/49 | N/R | 157,791 | |
161 | Ginnie Mae II Pool MA6338 | 3.000% | 12/20/49 | N/R | 164,828 | |
159 | Ginnie Mae II Pool MA6474 | 3.000% | 2/20/50 | N/R | 163,237 | |
824 | Ginnie Mae II Pool MA6994 | 2.000% | 11/20/50 | N/R | 816,021 | |
1,857 | Ginnie Mae II Pool MA7367 | 2.500% | 5/20/51 | N/R | 1,870,972 | |
333 | Ginnie Mae II Pool MA7418 | 2.500% | 6/20/51 | N/R | 335,424 | |
3,232 | Ginnie Mae II Pool MA7420 | 3.500% | 6/20/51 | N/R | 3,351,517 | |
9,847 | Ginnie Mae II Pool MA7472 | 2.500% | 7/20/51 | N/R | 9,921,605 | |
9,360 | Ginnie Mae II Pool MA7473 | 3.000% | 7/20/51 | N/R | 9,592,002 | |
3,311 | Ginnie Mae II Pool MA7474 | 3.500% | 7/20/51 | N/R | 3,434,417 | |
2,450 | Ginnie Mae II Pool MA7589 | 2.500% | 9/20/51 | N/R | 2,468,154 | |
2,893 | Ginnie Mae II Pool MA7590 | 3.000% | 9/20/51 | N/R | 2,965,068 | |
593 | Ginnie Mae II Pool MA7649 | 2.500% | 10/20/51 | N/R | 596,981 | |
978 | Ginnie Mae II Pool MA7650 | 3.000% | 10/20/51 | N/R | 1,003,190 | |
8,064 | Ginnie Mae II Pool MA7704 | 2.000% | 11/20/51 | N/R | 7,980,961 | |
298 | Ginnie Mae II Pool MA7705 | 2.500% | 11/20/51 | N/R | 300,000 | |
199 | Ginnie Mae II Pool MA7766 | 2.000% | 12/20/51 | N/R | 197,398 | |
299 | Ginnie Mae II Pool MA7767 | 2.500% | 12/20/51 | N/R | 301,235 | |
925 | Ginnie Mae II Pool MA7882, (WI/DD, Settling 2/22/22) | 3.000% | 2/20/52 | N/R | 949,379 | |
230 | GS Mortgage Securities Trust 2013-GC16 | 5.161% | 11/10/46 | Aa1 | 237,245 | |
221 | GS Mortgage Securities Trust 2016-GS4 | 3.178% | 11/10/49 | Aaa | 226,776 | |
250 | Morgan Stanley Capital I Trust 2021-L5 | 1.518% | 5/15/54 | AAA | 243,200 |
Principal Amount (000) | Description (1) | Coupon | Maturity | Ratings (2) | Value | |
$ 250 | Wells Fargo Commercial Mortgage Trust 2014-LC16 | 4.020% | 8/15/50 | Aa2 | $ 253,424 | |
$ 121,791 | Total Securitized (cost $125,337,957) | 122,807,820 |
Principal Amount (000) | Description (1) | Coupon | Maturity | Ratings (2) | Value | |
CORPORATE DEBT – 29.2% | ||||||
Financials – 6.7% | ||||||
$ 110 | Aegon NV | 5.500% | 4/11/48 | BBB | $123,709 | |
300 | AerCap Ireland Capital DAC / AerCap Global Aviation Trust | 1.650% | 10/29/24 | BBB- | 294,634 | |
400 | AerCap Ireland Capital DAC / AerCap Global Aviation Trust | 1.750% | 10/29/24 | BBB- | 393,595 | |
110 | AerCap Ireland Capital DAC / AerCap Global Aviation Trust | 4.625% | 10/15/27 | BBB- | 118,385 | |
22 | AerCap Ireland Capital DAC / AerCap Global Aviation Trust | 3.875% | 1/23/28 | BBB- | 22,747 | |
150 | AerCap Ireland Capital DAC / AerCap Global Aviation Trust | 3.000% | 10/29/28 | BBB- | 146,949 | |
400 | AerCap Ireland Capital DAC / AerCap Global Aviation Trust | 3.300% | 1/30/32 | BBB- | 390,497 | |
110 | Aetna Inc | 4.500% | 5/15/42 | BBB | 123,538 | |
20 | Aetna Inc | 4.750% | 3/15/44 | BBB | 23,480 | |
13 | Air Lease Corp | 3.875% | 7/03/23 | BBB | 13,362 | |
250 | Air Lease Corp | 0.800% | 8/18/24 | BBB | 241,967 | |
250 | Air Lease Corp | 2.200% | 1/15/27 | BBB | 242,818 | |
30 | Air Lease Corp | 3.625% | 4/01/27 | BBB | 30,858 | |
209 | Air Lease Corp | 3.250% | 10/01/29 | BBB | 207,157 | |
10 | Air Lease Corp | 3.000% | 2/01/30 | BBB | 9,690 | |
100 | Aircastle Ltd | 4.125% | 5/01/24 | BBB- | 103,345 | |
200 | Alexandria Real Estate Equities Inc | 1.875% | 2/01/33 | BBB+ | 180,559 | |
100 | Alleghany Corp | 3.625% | 5/15/30 | BBB+ | 105,363 | |
200 | Ally Financial Inc | 1.450% | 10/02/23 | BBB- | 199,211 | |
150 | Ally Financial Inc | 2.200% | 11/02/28 | BBB- | 142,936 | |
100 | Ally Financial Inc | 8.000% | 11/01/31 | BBB- | 135,521 | |
100 | American Campus Communities Operating Partnership LP | 2.250% | 1/15/29 | BBB | 95,736 | |
100 | American Financial Group Inc/OH | 3.500% | 8/15/26 | BBB+ | 104,919 | |
241 | American International Group Inc | 4.200% | 4/01/28 | BBB+ | 263,756 | |
100 | American International Group Inc | 3.400% | 6/30/30 | BBB+ | 104,920 | |
250 | American International Group Inc | 4.375% | 6/30/50 | BBB+ | 291,591 | |
153 | Anthem Inc | 2.875% | 9/15/29 | BBB+ | 155,169 | |
298 | Anthem Inc | 3.125% | 5/15/50 | BBB+ | 280,996 | |
132 | Aon Corp | 3.750% | 5/02/29 | BBB+ | 140,769 | |
150 | Aon Corp | 2.800% | 5/15/30 | BBB+ | 149,796 | |
100 | Aon Corp / Aon Global Holdings PLC | 2.600% | 12/02/31 | BBB+ | 97,539 | |
100 | Aon Corp / Aon Global Holdings PLC | 2.900% | 8/23/51 | BBB+ | 90,437 | |
160 | Arch Capital Group Ltd | 5.031% | 12/15/46 | BBB+ | 193,663 | |
2 | Arch Capital Group US Inc | 5.144% | 11/01/43 | BBB+ | 2,472 | |
200 | Ares Capital Corp | 3.875% | 1/15/26 | BBB- | 206,109 |
Principal Amount (000) | Description (1) | Coupon | Maturity | Ratings (2) | Value | |
Financials (continued) | ||||||
$ 110 | Ares Capital Corp | 2.150% | 7/15/26 | BBB- | $106,061 | |
110 | Ares Capital Corp | 2.875% | 6/15/28 | BBB- | 105,761 | |
100 | Arthur J Gallagher & Co | 3.050% | 3/09/52 | BBB | 91,396 | |
10 | Assurant Inc | 2.650% | 1/15/32 | BBB- | 9,493 | |
100 | Assured Guaranty US Holdings Inc | 3.600% | 9/15/51 | BBB+ | 97,059 | |
122 | Athene Holding Ltd | 6.150% | 4/03/30 | BBB+ | 145,571 | |
100 | AXA SA | 8.600% | 12/15/30 | BBB+ | 140,050 | |
27 | AXIS Specialty Finance PLC | 4.000% | 12/06/27 | BBB+ | 28,789 | |
110 | Banco Santander SA | 2.749% | 12/03/30 | BBB | 103,544 | |
200 | Bank of Nova Scotia | 3.625% | 10/27/81 | BBB- | 184,282 | |
11 | BankUnited Inc | 5.125% | 6/11/30 | Baa3 | 12,295 | |
350 | Barclays PLC | 1.007% | 12/10/24 | BBB+ | 343,937 | |
200 | Barclays PLC | 2.667% | 3/10/32 | BBB+ | 190,686 | |
200 | Barclays PLC | 2.894% | 11/24/32 | BBB+ | 193,690 | |
200 | Barclays PLC | 3.811% | 3/10/42 | BBB | 197,849 | |
200 | Blackstone Private Credit Fund, 144A | 2.625% | 12/15/26 | BBB- | 189,749 | |
10 | Blackstone Secured Lending Fund | 2.750% | 9/16/26 | Baa3 | 9,825 | |
100 | Blackstone Secured Lending Fund, 144A | 2.125% | 2/15/27 | Baa3 | 95,053 | |
105 | Boston Properties LP | 3.400% | 6/21/29 | BBB+ | 108,588 | |
34 | Brighthouse Financial Inc | 5.625% | 5/15/30 | BBB | 39,399 | |
100 | Brixmor Operating Partnership LP | 4.125% | 5/15/29 | BBB- | 107,763 | |
110 | Brown & Brown Inc | 2.375% | 3/15/31 | BBB- | 104,497 | |
200 | Capital One Financial Corp | 3.900% | 1/29/24 | BBB+ | 207,994 | |
200 | Capital One Financial Corp | 1.343% | 12/06/24 | BBB+ | 198,446 | |
200 | Capital One Financial Corp | 4.250% | 4/30/25 | BBB+ | 213,125 | |
100 | Capital One Financial Corp | 1.878% | 11/02/27 | BBB+ | 97,162 | |
145 | Capital One Financial Corp | 3.800% | 1/31/28 | BBB+ | 153,257 | |
100 | Capital One Financial Corp | 2.359% | 7/29/32 | BBB | 91,681 | |
110 | CI Financial Corp | 3.200% | 12/17/30 | BBB | 108,500 | |
10 | CI Financial Corp | 4.100% | 6/15/51 | BBB | 10,238 | |
65 | Citigroup Inc | 1.122% | 1/28/27 | A- | 62,013 | |
140 | Citigroup Inc | 1.462% | 6/09/27 | A- | 134,344 | |
229 | Citigroup Inc | 4.450% | 9/29/27 | BBB | 249,046 | |
100 | Citigroup Inc | 4.125% | 7/25/28 | BBB | 107,087 | |
100 | Citigroup Inc | 2.520% | 11/03/32 | A- | 96,322 | |
200 | Citigroup Inc | 4.750% | 5/18/46 | BBB | 231,540 | |
72 | Citizens Financial Group Inc | 2.500% | 2/06/30 | BBB+ | 70,314 | |
142 | CNA Financial Corp | 3.900% | 5/01/29 | BBB+ | 153,897 | |
20 | Cooperatieve Rabobank UA | 3.750% | 7/21/26 | BBB+ | 20,971 | |
100 | Corporate Office Properties LP | 2.900% | 12/01/33 | BBB- | 94,212 | |
300 | Credit Suisse Group AG | 4.550% | 4/17/26 | BBB+ | 323,132 |
Principal Amount (000) | Description (1) | Coupon | Maturity | Ratings (2) | Value | |
Financials (continued) | ||||||
$ 100 | CubeSmart LP | 2.250% | 12/15/28 | BBB | $97,072 | |
200 | Deutsche Bank AG/New York NY | 1.447% | 4/01/25 | BBB | 196,666 | |
200 | Deutsche Bank AG/New York NY | 2.129% | 11/24/26 | BBB | 195,432 | |
200 | Deutsche Bank AG/New York NY | 2.311% | 11/16/27 | BBB | 194,276 | |
150 | Deutsche Bank AG/New York NY | 3.547% | 9/18/31 | BBB | 151,718 | |
127 | Digital Realty Trust LP | 4.450% | 7/15/28 | BBB | 139,595 | |
250 | Discover Financial Services | 4.500% | 1/30/26 | BBB | 269,386 | |
161 | Discover Financial Services | 4.100% | 2/09/27 | BBB | 171,047 | |
120 | Duke Realty LP | 1.750% | 7/01/30 | BBB+ | 111,381 | |
100 | Enstar Group Ltd | 3.100% | 9/01/31 | BBB- | 94,655 | |
200 | Equitable Holdings Inc | 4.350% | 4/20/28 | BBB | 217,519 | |
100 | Essex Portfolio LP | 2.550% | 6/15/31 | BBB+ | 97,048 | |
100 | Everest Reinsurance Holdings Inc | 3.125% | 10/15/52 | BBB+ | 91,198 | |
100 | Extra Space Storage LP | 2.350% | 3/15/32 | BBB | 93,796 | |
122 | Fairfax Financial Holdings Ltd | 4.625% | 4/29/30 | BBB- | 132,950 | |
100 | Federal Realty Investment Trust | 3.500% | 6/01/30 | BBB+ | 104,133 | |
100 | Fidelity National Financial Inc | 3.400% | 6/15/30 | BBB | 102,684 | |
100 | Fifth Third Bancorp | 2.375% | 1/28/25 | BBB+ | 101,164 | |
100 | Fifth Third Bancorp | 1.707% | 11/01/27 | BBB+ | 97,167 | |
91 | Fifth Third Bancorp | 3.950% | 3/14/28 | BBB+ | 97,898 | |
100 | First American Financial Corp | 2.400% | 8/15/31 | BBB | 95,073 | |
100 | FS KKR Capital Corp | 1.650% | 10/12/24 | Baa3 | 96,983 | |
100 | FS KKR Capital Corp | 3.250% | 7/15/27 | Baa3 | 98,371 | |
216 | GATX Corp | 4.550% | 11/07/28 | BBB | 240,986 | |
100 | Goldman Sachs Group Inc | 1.948% | 10/21/27 | A- | 97,326 | |
15 | Goldman Sachs Group Inc | 2.615% | 4/22/32 | A- | 14,532 | |
100 | Goldman Sachs Group Inc | 2.383% | 7/21/32 | A- | 94,697 | |
81 | Goldman Sachs Group Inc | 6.450% | 5/01/36 | BBB | 105,648 | |
100 | Goldman Sachs Group Inc | 5.150% | 5/22/45 | BBB | 121,587 | |
100 | Golub Capital BDC Inc | 2.050% | 2/15/27 | BBB- | 94,071 | |
100 | Hartford Financial Services Group Inc | 2.800% | 8/19/29 | BBB+ | 100,976 | |
17 | Hartford Financial Services Group Inc | 6.100% | 10/01/41 | BBB+ | 22,842 | |
100 | Hartford Financial Services Group Inc | 4.400% | 3/15/48 | BBB+ | 116,282 | |
20 | Healthcare Trust of America Holdings LP | 3.100% | 2/15/30 | BBB | 20,330 | |
100 | Healthpeak Properties Inc | 2.875% | 1/15/31 | BBB+ | 100,407 | |
5 | Highwoods Realty LP | 3.050% | 2/15/30 | BBB | 4,998 | |
100 | Host Hotels & Resorts LP | 3.500% | 9/15/30 | BBB- | 99,355 | |
250 | HSBC Holdings PLC | 6.800% | 6/01/38 | BBB+ | 339,746 | |
100 | Humana Inc | 2.150% | 2/03/32 | BBB | 92,994 | |
15 | Huntington Bancshares Inc/OH | 4.000% | 5/15/25 | BBB+ | 15,900 | |
100 | Huntington Bancshares Inc/OH | 2.550% | 2/04/30 | BBB+ | 98,873 |
Principal Amount (000) | Description (1) | Coupon | Maturity | Ratings (2) | Value | |
Financials (continued) | ||||||
$ 100 | Invitation Homes Operating Partnership LP | 2.300% | 11/15/28 | BBB- | $96,469 | |
22 | Jefferies Financial Group Inc | 5.500% | 10/18/23 | BBB | 22,855 | |
100 | Jefferies Group LLC | 2.750% | 10/15/32 | BBB | 95,320 | |
110 | Jefferies Group LLC / Jefferies Group Capital Finance Inc | 4.150% | 1/23/30 | BBB | 118,611 | |
100 | JPMorgan Chase & Co | 1.470% | 9/22/27 | A | 95,619 | |
10 | JPMorgan Chase & Co | 2.069% | 6/01/29 | A | 9,608 | |
4 | JPMorgan Chase & Co | 3.702% | 5/06/30 | A | 4,228 | |
100 | JPMorgan Chase & Co | 2.545% | 11/08/32 | A | 96,884 | |
177 | KeyCorp | 2.550% | 10/01/29 | BBB+ | 176,605 | |
100 | Kilroy Realty LP | 2.650% | 11/15/33 | BBB | 92,653 | |
100 | Kimco Realty Corp | 2.250% | 12/01/31 | BBB+ | 94,389 | |
22 | Kimco Realty Corp | 4.250% | 4/01/45 | BBB+ | 23,801 | |
127 | Lazard Group LLC | 4.500% | 9/19/28 | BBB | 140,243 | |
100 | Life Storage LP | 2.400% | 10/15/31 | BBB | 95,225 | |
150 | Lincoln National Corp | 3.625% | 12/12/26 | BBB+ | 159,136 | |
200 | Lloyds Banking Group PLC | 4.344% | 1/09/48 | BBB+ | 216,968 | |
100 | LXP Industrial Trust | 2.375% | 10/01/31 | BBB | 92,937 | |
112 | Manulife Financial Corp | 4.061% | 2/24/32 | BBB+ | 117,479 | |
100 | Markel Corp | 3.350% | 9/17/29 | BBB | 105,067 | |
107 | Markel Corp | 5.000% | 5/20/49 | BBB | 130,477 | |
11 | Mid-America Apartments LP, (3) | 2.750% | 3/15/30 | BBB+ | 11,028 | |
162 | Morgan Stanley | 4.350% | 9/08/26 | BBB+ | 175,014 | |
100 | Morgan Stanley | 2.484% | 9/16/36 | BBB+ | 92,903 | |
100 | Nasdaq Inc | 2.500% | 12/21/40 | BBB | 87,986 | |
100 | National Retail Properties Inc | 2.500% | 4/15/30 | BBB+ | 98,086 | |
100 | National Retail Properties Inc | 3.000% | 4/15/52 | BBB+ | 89,137 | |
200 | Natwest Group PLC | 5.125% | 5/28/24 | BBB | 212,834 | |
200 | NatWest Group PLC | 4.269% | 3/22/25 | BBB+ | 208,822 | |
200 | NatWest Group PLC | 3.754% | 11/01/29 | BBB | 205,515 | |
380 | NatWest Group PLC | 5.076% | 1/27/30 | BBB+ | 426,495 | |
200 | Nomura Holdings Inc | 2.710% | 1/22/29 | BBB+ | 196,800 | |
220 | Nomura Holdings Inc | 3.103% | 1/16/30 | BBB+ | 219,916 | |
34 | Nomura Holdings Inc | 2.679% | 7/16/30 | BBB+ | 32,982 | |
10 | Old Republic International Corp | 3.850% | 6/11/51 | BBB | 9,986 | |
110 | Omega Healthcare Investors Inc | 3.625% | 10/01/29 | BBB- | 111,829 | |
100 | Owl Rock Capital Corp | 4.250% | 1/15/26 | BBB- | 103,259 | |
100 | Owl Rock Capital Corp | 2.625% | 1/15/27 | BBB- | 95,788 | |
100 | Piedmont Operating Partnership LP | 2.750% | 4/01/32 | BBB | 95,545 | |
100 | Prospect Capital Corp | 3.437% | 10/15/28 | BBB- | 93,858 | |
30 | Prudential Financial Inc | 5.375% | 5/15/45 | BBB+ | 31,721 | |
100 | Prudential Financial Inc | 5.700% | 9/15/48 | BBB+ | 109,074 |
Principal Amount (000) | Description (1) | Coupon | Maturity | Ratings (2) | Value | |
Financials (continued) | ||||||
$ 100 | Prudential Financial Inc | 3.700% | 10/01/50 | BBB+ | $97,893 | |
100 | Raymond James Financial Inc | 3.750% | 4/01/51 | BBB+ | 105,001 | |
100 | Regency Centers LP | 2.950% | 9/15/29 | BBB+ | 101,146 | |
17 | Regency Centers LP | 4.400% | 2/01/47 | BBB+ | 19,017 | |
100 | Regions Financial Corp | 1.800% | 8/12/28 | BBB+ | 95,193 | |
18 | Reinsurance Group of America Inc | 4.700% | 9/15/23 | BBB+ | 18,872 | |
110 | Reinsurance Group of America Inc | 3.150% | 6/15/30 | BBB+ | 112,146 | |
100 | Rexford Industrial Realty LP | 2.150% | 9/01/31 | BBB | 92,239 | |
127 | Santander Holdings USA Inc | 3.244% | 10/05/26 | BBB | 129,862 | |
100 | Santander Holdings USA Inc | 2.490% | 1/06/28 | BBB | 98,462 | |
200 | Santander UK Group Holdings PLC | 1.532% | 8/21/26 | BBB+ | 193,230 | |
110 | Santander UK Group Holdings PLC | 3.823% | 11/03/28 | BBB+ | 115,191 | |
100 | Spirit Realty LP | 2.100% | 3/15/28 | BBB | 95,763 | |
100 | STORE Capital Corp | 2.700% | 12/01/31 | BBB | 93,879 | |
100 | Sun Communities Operating LP | 2.300% | 11/01/28 | BBB- | 97,129 | |
100 | SVB Financial Group | 3.125% | 6/05/30 | BBB+ | 102,308 | |
20 | SVB Financial Group | 1.800% | 2/02/31 | BBB+ | 18,292 | |
150 | Synchrony Financial | 3.700% | 8/04/26 | BBB- | 155,269 | |
133 | Synchrony Financial | 3.950% | 12/01/27 | BBB- | 139,010 | |
125 | UDR Inc | 3.000% | 8/15/31 | BBB+ | 126,106 | |
100 | Unum Group | 5.750% | 8/15/42 | BBB- | 115,435 | |
13 | Unum Group | 4.500% | 12/15/49 | BBB- | 13,075 | |
100 | Ventas Realty LP | 2.500% | 9/01/31 | BBB+ | 95,683 | |
100 | W R Berkley Corp | 3.150% | 9/30/61 | BBB+ | 88,376 | |
184 | Wachovia Corp | 5.500% | 8/01/35 | BBB+ | 223,977 | |
110 | Wells Fargo & Co | 4.300% | 7/22/27 | BBB+ | 119,644 | |
122 | Wells Fargo & Co | 5.375% | 11/02/43 | BBB+ | 150,678 | |
110 | Welltower Inc | 2.800% | 6/01/31 | BBB+ | 108,612 | |
260 | Westpac Banking Corp | 2.668% | 11/15/35 | BBB+ | 245,082 | |
121 | Willis North America Inc | 4.500% | 9/15/28 | BBB | 131,102 | |
100 | WP Carey Inc | 2.450% | 2/01/32 | BBB | 95,284 | |
23,030 | Total Financials | 23,571,681 | ||||
Industrial – 13.0% | ||||||
150 | AbbVie Inc | 3.200% | 11/21/29 | BBB | 154,479 | |
581 | AbbVie Inc | 4.050% | 11/21/39 | BBB | 625,919 | |
159 | AbbVie Inc | 4.625% | 10/01/42 | BBB | 180,271 | |
77 | Agilent Technologies Inc | 2.750% | 9/15/29 | BBB+ | 76,972 | |
356 | Altria Group Inc | 5.800% | 2/14/39 | BBB+ | 403,975 | |
100 | Altria Group Inc | 3.875% | 9/16/46 | BBB+ | 89,430 | |
20 | Amcor Flexibles North America Inc | 2.690% | 5/25/31 | BBB | 19,625 |
Principal Amount (000) | Description (1) | Coupon | Maturity | Ratings (2) | Value | |
Industrial (continued) | ||||||
$ 77 | American Airlines 2016-2 Class AA Pass Through Trust | 3.200% | 6/15/28 | BBB+ | $76,242 | |
270 | American Tower Corp | 2.100% | 6/15/30 | BBB | 251,525 | |
107 | AmerisourceBergen Corp | 2.700% | 3/15/31 | BBB+ | 104,571 | |
276 | Amgen Inc | 2.300% | 2/25/31 | BBB+ | 266,433 | |
324 | Amgen Inc | 3.150% | 2/21/40 | BBB+ | 308,180 | |
17 | Amgen Inc | 5.150% | 11/15/41 | BBB+ | 20,509 | |
100 | Amgen Inc | 3.000% | 1/15/52 | BBB+ | 90,657 | |
100 | Amphenol Corp | 2.200% | 9/15/31 | BBB+ | 94,830 | |
752 | Anheuser-Busch Cos LLC / Anheuser-Busch InBev Worldwide Inc | 4.900% | 2/01/46 | BBB+ | 889,691 | |
83 | Anheuser-Busch InBev Worldwide Inc | 4.000% | 4/13/28 | BBB+ | 89,933 | |
282 | Anheuser-Busch InBev Worldwide Inc | 4.350% | 6/01/40 | BBB+ | 311,568 | |
145 | Anheuser-Busch InBev Worldwide Inc | 4.600% | 6/01/60 | BBB+ | 166,887 | |
100 | Aptiv PLC | 3.100% | 12/01/51 | BBB | 87,969 | |
279 | AT&T Inc | 2.750% | 6/01/31 | BBB | 275,228 | |
1,209 | AT&T Inc | 4.850% | 3/01/39 | BBB | 1,379,233 | |
150 | AT&T Inc | 3.500% | 6/01/41 | BBB | 146,193 | |
145 | AT&T Inc | 4.900% | 6/15/42 | BBB | 165,969 | |
250 | AT&T Inc | 5.700% | 3/01/57 | BBB | 330,044 | |
100 | Autodesk Inc | 2.400% | 12/15/31 | BBB | 95,443 | |
10 | AutoZone Inc | 3.750% | 4/18/29 | BBB | 10,622 | |
50 | AutoZone Inc | 4.000% | 4/15/30 | BBB | 54,250 | |
100 | Avery Dennison Corp | 2.250% | 2/15/32 | BBB | 93,725 | |
525 | Barclays PLC | 5.088% | 6/20/30 | BBB | 577,146 | |
117 | Barrick North America Finance LLC | 5.700% | 5/30/41 | BBB | 150,506 | |
192 | BAT Capital Corp | 3.557% | 8/15/27 | BBB | 196,386 | |
309 | BAT Capital Corp | 4.390% | 8/15/37 | BBB | 312,258 | |
177 | Becton Dickinson and Co | 1.957% | 2/11/31 | BBB- | 164,278 | |
32 | Becton Dickinson and Co | 4.685% | 12/15/44 | BBB- | 37,488 | |
90 | Bell Telephone Co of Canada or Bell Canada | 4.464% | 4/01/48 | BBB+ | 105,275 | |
100 | Biogen Inc | 5.200% | 9/15/45 | BBB+ | 120,934 | |
10 | Block Financial LLC | 2.500% | 7/15/28 | BBB- | 9,736 | |
84 | Boeing Co | 6.125% | 2/15/33 | BBB- | 101,948 | |
616 | Boeing Co | 5.705% | 5/01/40 | BBB- | 741,292 | |
18 | BorgWarner Inc | 4.375% | 3/15/45 | BBB+ | 19,991 | |
100 | Boston Scientific Corp | 4.550% | 3/01/39 | BBB | 112,654 | |
110 | BP Capital Markets PLC | 4.875% | N/A (4) | BBB+ | 116,188 | |
200 | British Telecommunications PLC | 5.125% | 12/04/28 | BBB | 221,199 | |
786 | Broadcom Inc, 144A | 3.187% | 11/15/36 | BBB- | 746,519 | |
65 | Broadridge Financial Solutions Inc | 2.600% | 5/01/31 | BBB+ | 63,232 | |
77 | Bunge Ltd Finance Corp | 3.750% | 9/25/27 | BBB | 81,977 | |
88 | Campbell Soup Co, (3) | 2.375% | 4/24/30 | BBB | 85,072 |
Principal Amount (000) | Description (1) | Coupon | Maturity | Ratings (2) | Value | |
Industrial (continued) | ||||||
$ 110 | Canadian Natural Resources Ltd | 2.950% | 7/15/30 | BBB- | $109,598 | |
74 | Canadian Natural Resources Ltd | 5.850% | 2/01/35 | BBB- | 88,239 | |
12 | Canadian Natural Resources Ltd | 6.750% | 2/01/39 | BBB- | 15,818 | |
100 | Canadian Pacific Railway Co | 2.450% | 12/02/31 | BBB | 98,187 | |
100 | Canadian Pacific Railway Co | 4.800% | 8/01/45 | BBB | 121,894 | |
100 | Cardinal Health Inc | 3.410% | 6/15/27 | BBB | 104,896 | |
30 | Cardinal Health Inc | 4.500% | 11/15/44 | BBB | 31,561 | |
100 | Carlisle Cos Inc | 2.200% | 3/01/32 | BBB | 93,050 | |
104 | Carrier Global Corp | 2.722% | 2/15/30 | BBB- | 102,730 | |
100 | Carrier Global Corp | 3.577% | 4/05/50 | BBB- | 99,526 | |
100 | Cenovus Energy Inc | 2.650% | 1/15/32 | BBB- | 95,013 | |
100 | Cenovus Energy Inc | 5.250% | 6/15/37 | BBB- | 114,194 | |
180 | Charter Communications Operating LLC / Charter Communications Operating Capital | 5.375% | 4/01/38 | BBB- | 198,817 | |
100 | Charter Communications Operating LLC / Charter Communications Operating Capital | 3.500% | 3/01/42 | BBB- | 89,661 | |
529 | Charter Communications Operating LLC / Charter Communications Operating Capital | 5.375% | 5/01/47 | BBB- | 584,826 | |
110 | Cheniere Corpus Christi Holdings LLC | 5.125% | 6/30/27 | BBB- | 121,545 | |
11 | Choice Hotels International Inc | 3.700% | 1/15/31 | BBB- | 11,321 | |
100 | Church & Dwight Co Inc | 2.300% | 12/15/31 | BBB+ | 97,273 | |
328 | Cigna Corp | 4.900% | 12/15/48 | BBB+ | 387,848 | |
100 | CommonSpirit Health | 2.782% | 10/01/30 | BBB+ | 99,904 | |
100 | Conagra Brands Inc | 4.850% | 11/01/28 | BBB- | 111,875 | |
53 | Conagra Brands Inc | 5.300% | 11/01/38 | BBB- | 63,374 | |
100 | Constellation Brands Inc | 5.250% | 11/15/48 | BBB- | 122,733 | |
100 | Corning Inc | 3.900% | 11/15/49 | BBB+ | 105,865 | |
242 | Crown Castle International Corp | 2.500% | 7/15/31 | BBB | 231,100 | |
220 | CSX Corp, (3) | 2.400% | 2/15/30 | BBB+ | 218,436 | |
156 | CSX Corp | 3.800% | 4/15/50 | BBB+ | 165,720 | |
517 | CVS Health Corp | 4.875% | 7/20/35 | BBB | 603,491 | |
227 | CVS Health Corp | 4.780% | 3/25/38 | BBB | 261,819 | |
100 | Danaher Corp | 4.375% | 9/15/45 | BBB+ | 115,607 | |
131 | Dell International LLC / EMC Corp | 6.200% | 7/15/30 | BBB | 159,097 | |
7 | Dell International LLC / EMC Corp | 8.350% | 7/15/46 | BBB | 11,045 | |
100 | Dell International LLC / EMC Corp, 144A | 3.450% | 12/15/51 | BBB | 87,905 | |
100 | Deutsche Telekom International Finance BV | 8.750% | 6/15/30 | BBB+ | 141,074 | |
149 | Devon Energy Corp | 5.600% | 7/15/41 | BBB | 178,616 | |
130 | Diamondback Energy Inc | 3.125% | 3/24/31 | BBB- | 128,951 | |
14 | Dignity Health | 5.267% | 11/01/64 | BBB+ | 18,264 | |
257 | Discovery Communications LLC | 4.000% | 9/15/55 | BBB- | 249,649 |
Principal Amount (000) | Description (1) | Coupon | Maturity | Ratings (2) | Value | |
Industrial (continued) | ||||||
$ 110 | Dollar General Corp | 3.875% | 4/15/27 | BBB | $117,754 | |
17 | Dollar General Corp | 4.125% | 4/03/50 | BBB | 18,423 | |
100 | Dollar Tree Inc | 3.375% | 12/01/51 | BBB | 94,174 | |
106 | Dow Chemical Co | 4.250% | 10/01/34 | BBB | 116,818 | |
143 | Dow Chemical Co | 5.250% | 11/15/41 | BBB | 175,528 | |
127 | DuPont de Nemours Inc | 5.319% | 11/15/38 | BBB+ | 156,132 | |
110 | Eastman Chemical Co | 4.800% | 9/01/42 | BBB- | 125,107 | |
38 | Eaton Corp | 4.150% | 11/02/42 | BBB+ | 42,506 | |
110 | eBay Inc | 2.600% | 5/10/31 | BBB+ | 107,086 | |
67 | Energy Transfer LP, (3) | 4.150% | 9/15/29 | BBB- | 70,169 | |
510 | Energy Transfer LP | 5.800% | 6/15/38 | BBB- | 588,709 | |
22 | Energy Transfer LP | 5.000% | 5/15/44 | BBB- | 22,954 | |
227 | Enterprise Products Operating LLC | 5.750% | 3/01/35 | BBB+ | 269,343 | |
100 | Enterprise Products Operating LLC | 4.250% | 2/15/48 | BBB+ | 106,301 | |
100 | Enterprise Products Operating LLC | 3.300% | 2/15/53 | BBB+ | 92,352 | |
142 | Enterprise Products Operating LLC | 3.950% | 1/31/60 | BBB+ | 141,568 | |
100 | Equifax Inc | 2.350% | 9/15/31 | BBB | 94,088 | |
240 | Equinix Inc | 2.500% | 5/15/31 | BBB | 229,750 | |
100 | Expedia Group Inc | 3.800% | 2/15/28 | BBB- | 103,797 | |
24 | Expedia Group Inc | 3.250% | 2/15/30 | BBB- | 23,945 | |
7 | FedEx Corp | 3.100% | 8/05/29 | BBB | 7,183 | |
27 | FedEx Corp | 3.900% | 2/01/35 | BBB | 28,902 | |
315 | FedEx Corp | 4.050% | 2/15/48 | BBB | 332,514 | |
133 | Fidelity National Information Services Inc | 1.650% | 3/01/28 | BBB | 125,920 | |
17 | Fidelity National Information Services Inc | 4.500% | 8/15/46 | BBB | 19,352 | |
260 | Fiserv Inc | 2.250% | 6/01/27 | BBB | 257,333 | |
214 | Fiserv Inc | 4.400% | 7/01/49 | BBB | 235,677 | |
100 | Flowserve Corp | 2.800% | 1/15/32 | BBB- | 94,134 | |
148 | Fox Corp | 3.500% | 4/08/30 | BBB | 153,452 | |
100 | General Mills Inc | 4.550% | 4/17/38 | BBB | 112,283 | |
322 | General Motors Co | 6.600% | 4/01/36 | BBB- | 412,344 | |
100 | General Motors Financial Co Inc | 3.100% | 1/12/32 | BBB- | 97,906 | |
100 | Genuine Parts Co | 2.750% | 2/01/32 | BBB | 97,225 | |
242 | Gilead Sciences Inc | 4.000% | 9/01/36 | BBB+ | 267,218 | |
160 | Gilead Sciences Inc | 4.750% | 3/01/46 | BBB+ | 191,767 | |
28 | Global Payments Inc | 4.450% | 6/01/28 | BBB- | 30,494 | |
122 | Global Payments Inc | 2.900% | 5/15/30 | BBB- | 119,943 | |
100 | Global Payments Inc | 2.900% | 11/15/31 | BBB- | 97,884 | |
38 | GLP Capital LP / GLP Financing II Inc | 5.300% | 1/15/29 | BBB- | 41,800 | |
121 | Grupo Televisa SAB | 6.125% | 1/31/46 | BBB+ | 157,253 | |
100 | Halliburton Co | 4.850% | 11/15/35 | BBB+ | 114,251 |
Principal Amount (000) | Description (1) | Coupon | Maturity | Ratings (2) | Value | |
Industrial (continued) | ||||||
$ 100 | Halliburton Co | 4.500% | 11/15/41 | BBB+ | $106,615 | |
30 | Halliburton Co | 4.750% | 8/01/43 | BBB+ | 32,863 | |
97 | Hasbro Inc | 3.900% | 11/19/29 | BBB- | 103,257 | |
131 | HCA Inc | 4.125% | 6/15/29 | BBB- | 139,547 | |
153 | HCA Inc | 3.500% | 7/15/51 | BBB- | 141,551 | |
117 | Hess Corp | 4.300% | 4/01/27 | BBB- | 124,877 | |
72 | Hewlett Packard Enterprise Co | 6.200% | 10/15/35 | BBB | 91,017 | |
100 | HP Inc | 3.400% | 6/17/30 | BBB | 102,326 | |
10 | HP Inc | 2.650% | 6/17/31 | Baa2 | 9,547 | |
28 | HP Inc | 6.000% | 9/15/41 | BBB | 35,070 | |
100 | Huntington Ingalls Industries Inc, 144A | 2.043% | 8/16/28 | BBB- | 95,184 | |
10 | Huntsman International LLC | 2.950% | 6/15/31 | BBB- | 9,773 | |
10 | IDEX Corp | 2.625% | 6/15/31 | BBB | 9,837 | |
100 | Ingredion Inc | 2.900% | 6/01/30 | BBB | 100,330 | |
105 | International Paper Co | 4.800% | 6/15/44 | BBB | 124,263 | |
27 | International Paper Co | 4.400% | 8/15/47 | BBB | 30,801 | |
100 | J M Smucker Co, (3) | 2.125% | 3/15/32 | BBB | 93,717 | |
37 | J M Smucker Co | 4.250% | 3/15/35 | BBB | 41,352 | |
110 | Jabil Inc | 3.600% | 1/15/30 | BBB- | 114,360 | |
100 | Johnson Controls International plc | 4.950% | 7/02/64 | BBB | 120,625 | |
100 | Kansas City Southern/Old | 4.700% | 5/01/48 | BBB | 118,858 | |
112 | Kellogg Co | 2.100% | 6/01/30 | BBB | 106,839 | |
111 | Keurig Dr Pepper Inc | 3.200% | 5/01/30 | BBB | 114,133 | |
100 | Keurig Dr Pepper Inc | 4.985% | 5/25/38 | BBB | 118,436 | |
290 | Kinder Morgan Energy Partners LP | 6.375% | 3/01/41 | BBB | 363,013 | |
100 | Kinder Morgan Inc | 2.000% | 2/15/31 | BBB | 91,349 | |
100 | Kinder Morgan Inc | 3.600% | 2/15/51 | BBB | 94,435 | |
94 | Kroger Co | 2.200% | 5/01/30 | BBB | 90,530 | |
150 | Kroger Co | 1.700% | 1/15/31 | BBB | 137,525 | |
26 | Kroger Co | 5.400% | 1/15/49 | BBB | 33,725 | |
52 | L3Harris Technologies Inc | 2.900% | 12/15/29 | BBB | 52,480 | |
100 | L3Harris Technologies Inc | 1.800% | 1/15/31 | BBB | 92,110 | |
87 | Laboratory Corp of America Holdings | 2.700% | 6/01/31 | BBB | 85,711 | |
50 | Lear Corp | 3.500% | 5/30/30 | BBB | 51,764 | |
100 | Lear Corp | 2.600% | 1/15/32 | BBB | 95,345 | |
100 | Leggett & Platt Inc | 3.500% | 11/15/51 | BBB | 94,877 | |
110 | Leidos Inc | 2.300% | 2/15/31 | BBB- | 101,213 | |
110 | Lennar Corp | 4.750% | 11/29/27 | BBB- | 121,318 | |
100 | Lowe's Cos Inc | 4.500% | 4/15/30 | BBB+ | 112,693 | |
330 | Lowe's Cos Inc | 2.625% | 4/01/31 | BBB+ | 325,030 | |
186 | LYB International Finance BV | 5.250% | 7/15/43 | BBB | 224,447 |
Principal Amount (000) | Description (1) | Coupon | Maturity | Ratings (2) | Value | |
Industrial (continued) | ||||||
$ 110 | Magellan Midstream Partners LP | 5.150% | 10/15/43 | BBB+ | $126,643 | |
110 | Marathon Oil Corp | 4.400% | 7/15/27 | BBB- | 117,862 | |
121 | Marathon Petroleum Corp | 6.500% | 3/01/41 | BBB | 157,869 | |
50 | Marriott International Inc/MD | 4.650% | 12/01/28 | BBB- | 54,319 | |
100 | Marriott International Inc/MD | 2.750% | 10/15/33 | BBB- | 93,382 | |
27 | Marriott International Inc/MD | 4.500% | 10/01/34 | BBB- | 29,666 | |
16 | Martin Marietta Materials Inc | 2.500% | 3/15/30 | BBB | 15,750 | |
110 | Martin Marietta Materials Inc | 2.400% | 7/15/31 | BBB | 106,734 | |
10 | Masco Corp | 1.500% | 2/15/28 | BBB | 9,371 | |
100 | Masco Corp | 2.000% | 2/15/31 | BBB | 92,929 | |
100 | McCormick & Co Inc/MD | 1.850% | 2/15/31 | BBB | 92,570 | |
326 | McDonald's Corp | 4.700% | 12/09/35 | BBB+ | 380,794 | |
100 | MDC Holdings Inc | 3.966% | 8/06/61 | BBB- | 88,575 | |
127 | Micron Technology Inc | 5.327% | 2/06/29 | BBB- | 144,706 | |
85 | Molson Coors Beverage Co | 4.200% | 7/15/46 | BBB- | 88,670 | |
140 | Mondelez International Inc | 1.875% | 10/15/32 | BBB | 128,526 | |
110 | Moody's Corp | 3.250% | 1/15/28 | BBB+ | 115,482 | |
100 | Moody's Corp | 2.000% | 8/19/31 | BBB+ | 93,834 | |
110 | Mosaic Co | 5.450% | 11/15/33 | BBB- | 131,998 | |
100 | Motorola Solutions Inc | 2.300% | 11/15/30 | BBB- | 93,465 | |
41 | Motorola Solutions Inc | 2.750% | 5/24/31 | BBB- | 39,752 | |
300 | MPLX LP | 4.500% | 4/15/38 | BBB | 320,844 | |
15 | Mylan Inc | 4.550% | 4/15/28 | BBB- | 16,336 | |
150 | National Fuel Gas Co | 2.950% | 3/01/31 | BBB- | 146,016 | |
41 | NetApp Inc | 2.700% | 6/22/30 | BBB | 40,289 | |
100 | Netflix Inc | 5.875% | 11/15/28 | BBB | 115,875 | |
100 | Newmont Corp | 2.600% | 7/15/32 | BBB | 96,425 | |
100 | Newmont Corp | 5.875% | 4/01/35 | BBB | 123,866 | |
142 | Norfolk Southern Corp | 4.800% | 8/15/43 | BBB+ | 160,454 | |
100 | Norfolk Southern Corp | 2.900% | 8/25/51 | BBB+ | 91,676 | |
220 | Northrop Grumman Corp | 4.400% | 5/01/30 | BBB+ | 246,706 | |
100 | Nucor Corp | 2.700% | 6/01/30 | BBB+ | 99,661 | |
18 | Nucor Corp | 2.979% | 12/15/55 | BBB+ | 16,449 | |
100 | Nutrien Ltd | 5.625% | 12/01/40 | BBB | 128,561 | |
50 | NXP BV / NXP Funding LLC, 144A | 5.550% | 12/01/28 | BBB | 58,245 | |
100 | NXP BV / NXP Funding LLC / NXP USA Inc, 144A | 2.500% | 5/11/31 | BBB | 95,737 | |
100 | NXP BV / NXP Funding LLC / NXP USA Inc, 144A | 3.250% | 11/30/51 | BBB | 92,556 | |
127 | Omnicom Group Inc | 4.200% | 6/01/30 | BBB+ | 138,951 | |
200 | ONEOK Partners LP | 6.125% | 2/01/41 | BBB | 240,101 | |
100 | Oracle Corp | 2.875% | 3/25/31 | BBB+ | 96,515 | |
500 | Oracle Corp | 3.800% | 11/15/37 | BBB+ | 485,712 |
Principal Amount (000) | Description (1) | Coupon | Maturity | Ratings (2) | Value | |
Industrial (continued) | ||||||
$ 639 | Oracle Corp | 3.650% | 3/25/41 | BBB+ | $594,319 | |
156 | Orange SA | 5.375% | 1/13/42 | BBB+ | 194,826 | |
110 | O'Reilly Automotive Inc | 4.350% | 6/01/28 | BBB | 120,312 | |
100 | Otis Worldwide Corp | 2.293% | 4/05/27 | BBB | 99,478 | |
88 | Owens Corning | 4.300% | 7/15/47 | BBB | 95,795 | |
100 | Packaging Corp of America | 3.050% | 10/01/51 | BBB | 92,388 | |
100 | Parker-Hannifin Corp, (3) | 3.250% | 3/01/27 | BBB+ | 104,684 | |
44 | Parker-Hannifin Corp | 4.450% | 11/21/44 | BBB+ | 50,391 | |
100 | PerkinElmer Inc | 2.550% | 3/15/31 | BBB | 97,678 | |
100 | Phillips 66 | 4.650% | 11/15/34 | BBB+ | 113,302 | |
27 | Phillips 66 | 5.875% | 5/01/42 | BBB+ | 35,557 | |
100 | Phillips 66 | 3.300% | 3/15/52 | BBB+ | 93,440 | |
110 | Phillips 66 Partners LP | 3.150% | 12/15/29 | BBB- | 110,713 | |
14 | Pioneer Natural Resources Co | 4.450% | 1/15/26 | BBB | 15,069 | |
152 | Plains All American Pipeline LP / PAA Finance Corp | 3.800% | 9/15/30 | BBB- | 155,100 | |
110 | PulteGroup Inc | 5.000% | 1/15/27 | BBB- | 122,068 | |
100 | Qorvo Inc, 144A | 1.750% | 12/15/24 | BBB- | 98,121 | |
100 | Quanta Services Inc | 2.350% | 1/15/32 | BBB- | 92,787 | |
77 | Quest Diagnostics Inc | 2.800% | 6/30/31 | BBB | 76,569 | |
224 | Raytheon Technologies Corp | 4.625% | 11/16/48 | BBB+ | 268,075 | |
100 | Regeneron Pharmaceuticals Inc | 1.750% | 9/15/30 | BBB | 90,981 | |
58 | RELX Capital Inc | 3.000% | 5/22/30 | BBB+ | 59,268 | |
39 | Republic Services Inc | 3.950% | 5/15/28 | BBB | 42,211 | |
110 | Republic Services Inc | 1.750% | 2/15/32 | BBB | 100,424 | |
130 | Rogers Communications Inc | 5.000% | 3/15/44 | BBB+ | 149,667 | |
100 | Roper Technologies Inc | 2.950% | 9/15/29 | BBB | 100,976 | |
144 | Royalty Pharma PLC | 2.150% | 9/02/31 | BBB- | 131,616 | |
14 | RPM International Inc | 4.250% | 1/15/48 | BBB- | 15,560 | |
148 | Sabine Pass Liquefaction LLC | 4.200% | 3/15/28 | BBB- | 158,785 | |
132 | Sands China Ltd | 5.400% | 8/08/28 | BBB- | 136,170 | |
100 | Sherwin-Williams Co | 2.200% | 3/15/32 | BBB | 95,442 | |
110 | Sherwin-Williams Co | 4.000% | 12/15/42 | BBB | 117,406 | |
100 | Sonoco Products Co | 2.850% | 2/01/32 | BBB | 98,620 | |
127 | Southern Copper Corp | 5.250% | 11/08/42 | BBB+ | 153,466 | |
131 | Southwest Airlines Co, (3) | 3.450% | 11/16/27 | BBB+ | 135,958 | |
147 | Spectra Energy Partners LP | 4.500% | 3/15/45 | BBB+ | 157,935 | |
242 | Starbucks Corp | 3.550% | 8/15/29 | BBB+ | 255,710 | |
11 | Starbucks Corp | 3.350% | 3/12/50 | BBB+ | 10,650 | |
110 | Steel Dynamics Inc | 3.450% | 4/15/30 | BBB- | 114,278 | |
123 | Stryker Corp | 4.100% | 4/01/43 | BBB+ | 135,999 | |
211 | Suncor Energy Inc | 4.000% | 11/15/47 | BBB+ | 221,584 |
Principal Amount (000) | Description (1) | Coupon | Maturity | Ratings (2) | Value | |
Industrial (continued) | ||||||
$ 100 | Suzano Austria GmbH | 2.500% | 9/15/28 | BBB- | $94,700 | |
20 | Suzano Austria GmbH | 3.125% | 1/15/32 | BBB- | 18,500 | |
177 | Sysco Corp | 5.950% | 4/01/30 | BBB | 214,856 | |
100 | Sysco Corp | 3.150% | 12/14/51 | BBB | 90,902 | |
200 | Takeda Pharmaceutical Co Ltd | 3.025% | 7/09/40 | BBB | 187,352 | |
100 | Tapestry Inc | 3.050% | 3/15/32 | BBB- | 96,462 | |
127 | Teck Resources Ltd | 6.000% | 8/15/40 | BBB- | 154,870 | |
110 | Teledyne FLIR LLC | 2.500% | 8/01/30 | BBB- | 106,587 | |
326 | Telefonica Emisiones SA | 4.103% | 3/08/27 | BBB- | 349,430 | |
100 | TELUS Corp | 4.300% | 6/15/49 | BBB+ | 113,807 | |
71 | Textron Inc | 3.000% | 6/01/30 | BBB | 71,274 | |
100 | Thermo Fisher Scientific Inc | 2.600% | 10/01/29 | BBB+ | 100,385 | |
100 | Thermo Fisher Scientific Inc | 2.000% | 10/15/31 | BBB+ | 95,059 | |
260 | Time Warner Cable LLC | 5.500% | 9/01/41 | BBB- | 293,579 | |
686 | T-Mobile USA Inc | 2.250% | 11/15/31 | BBB- | 631,387 | |
100 | T-Mobile USA Inc, 144A | 3.400% | 10/15/52 | BBB- | 92,012 | |
70 | Toledo Hospital | 6.015% | 11/15/48 | BBB- | 83,167 | |
100 | Trane Technologies Global Holding Co Ltd | 5.750% | 6/15/43 | BBB | 132,502 | |
275 | TransCanada PipeLines Ltd | 4.100% | 4/15/30 | BBB+ | 296,291 | |
75 | TransCanada PipeLines Ltd, (3) | 5.100% | 3/15/49 | BBB+ | 91,921 | |
179 | Transcontinental Gas Pipe Line Co LLC | 3.250% | 5/15/30 | BBB+ | 183,794 | |
110 | Transcontinental Gas Pipe Line Co LLC | 3.950% | 5/15/50 | BBB+ | 113,392 | |
147 | Tyson Foods Inc | 5.100% | 9/28/48 | BBB | 186,053 | |
64 | United Airlines 2014-1 Class A Pass Through Trust | 4.000% | 4/11/26 | BBB+ | 66,439 | |
100 | Universal Health Services Inc, 144A | 1.650% | 9/01/26 | BBB- | 96,401 | |
220 | Vale Overseas Ltd | 3.750% | 7/08/30 | BBB- | 223,025 | |
198 | Valero Energy Corp | 4.000% | 4/01/29 | BBB | 209,308 | |
100 | Valero Energy Corp | 3.650% | 12/01/51 | BBB | 93,107 | |
319 | Verizon Communications Inc, 144A | 2.355% | 3/15/32 | BBB+ | 302,930 | |
1,281 | Verizon Communications Inc | 4.862% | 8/21/46 | BBB+ | 1,566,648 | |
213 | Verizon Communications Inc | 4.000% | 3/22/50 | BBB+ | 228,682 | |
50 | VF Corp | 2.950% | 4/23/30 | BBB+ | 50,552 | |
171 | ViacomCBS Inc | 4.950% | 1/15/31 | BBB | 194,622 | |
134 | ViacomCBS Inc | 4.900% | 8/15/44 | BBB | 152,956 | |
232 | Viatris Inc | 3.850% | 6/22/40 | BBB- | 231,570 | |
30 | VMware Inc | 1.400% | 8/15/26 | BBB- | 28,737 | |
18 | VMware Inc | 4.700% | 5/15/30 | BBB- | 20,170 | |
140 | Vodafone Group PLC | 4.375% | 2/19/43 | BBB | 152,107 | |
200 | Vodafone Group PLC | 4.875% | 6/19/49 | BBB | 232,584 | |
100 | Vontier Corp | 2.950% | 4/01/31 | BBB- | 96,573 | |
111 | Vulcan Materials Co | 3.500% | 6/01/30 | BBB | 116,530 |
Principal Amount (000) | Description (1) | Coupon | Maturity | Ratings (2) | Value | |
Industrial (continued) | ||||||
$ 110 | Walgreens Boots Alliance Inc | 4.650% | 6/01/46 | BBB | $124,343 | |
100 | Waste Connections Inc | 2.200% | 1/15/32 | BBB+ | 94,542 | |
100 | Waste Management Inc | 3.900% | 3/01/35 | BBB+ | 107,717 | |
110 | Westinghouse Air Brake Technologies Corp | 4.950% | 9/15/28 | BBB- | 122,424 | |
100 | Westlake Chemical Corp | 3.125% | 8/15/51 | BBB | 90,020 | |
100 | Weyerhaeuser Co | 4.000% | 4/15/30 | BBB | 108,032 | |
77 | Whirlpool Corp | 5.150% | 3/01/43 | BBB | 91,551 | |
100 | Williams Cos Inc | 2.600% | 3/15/31 | BBB | 96,227 | |
100 | WRKCo Inc | 4.900% | 3/15/29 | BBB | 112,790 | |
110 | Xylem Inc/NY | 2.250% | 1/30/31 | BBB | 105,152 | |
100 | Yamana Gold Inc | 2.630% | 8/15/31 | BBB- | 94,511 | |
100 | Zimmer Biomet Holdings Inc | 4.250% | 8/15/35 | BBB | 108,339 | |
6 | Zimmer Biomet Holdings Inc | 5.750% | 11/30/39 | BBB | 7,743 | |
118 | Zoetis Inc | 4.700% | 2/01/43 | BBB | 140,901 | |
42,887 | Total Industrial | 45,801,821 | ||||
Utility – 9.5% | ||||||
300 | AEP Texas Inc | 2.100% | 7/01/30 | BBB+ | 280,598 | |
223 | AEP Texas Inc | 3.800% | 10/01/47 | BBB+ | 225,011 | |
81 | Alabama Power Co | 5.200% | 6/01/41 | A | 98,620 | |
30 | Alabama Power Co | 3.125% | 7/15/51 | A | 28,568 | |
100 | Alabama Power Co | 3.000% | 3/15/52 | A | 92,694 | |
100 | Ameren Corp | 1.950% | 3/15/27 | BBB | 98,310 | |
140 | Ameren Corp | 1.750% | 3/15/28 | BBB | 132,498 | |
200 | Ameren Corp | 3.500% | 1/15/31 | BBB | 209,590 | |
200 | American Electric Power Co Inc | 4.300% | 12/01/28 | BBB | 217,517 | |
200 | American Electric Power Co Inc | 2.300% | 3/01/30 | BBB | 192,206 | |
200 | American Electric Power Co Inc | 3.875% | 2/15/62 | BBB- | 196,188 | |
100 | Avangrid Inc | 3.800% | 6/01/29 | BBB | 106,842 | |
136 | Black Hills Corp | 3.150% | 1/15/27 | BBB+ | 139,465 | |
10 | Black Hills Corp | 4.200% | 9/15/46 | BBB+ | 10,756 | |
165 | Black Hills Corp | 3.875% | 10/15/49 | BBB+ | 169,860 | |
100 | CenterPoint Energy Inc | 4.250% | 11/01/28 | BBB | 108,904 | |
100 | CenterPoint Energy Inc | 2.950% | 3/01/30 | BBB | 100,569 | |
141 | CenterPoint Energy Inc | 2.650% | 6/01/31 | BBB | 137,826 | |
100 | CenterPoint Energy Inc | 3.700% | 9/01/49 | BBB | 101,801 | |
150 | Cleco Corporate Holdings LLC | 4.973% | 5/01/46 | BBB- | 172,936 | |
100 | CMS Energy Corp | 4.875% | 3/01/44 | BBB | 119,946 | |
200 | CMS Energy Corp | 4.750% | 6/01/50 | BBB- | 211,440 | |
209 | CMS Energy Corp | 3.750% | 12/01/50 | BBB- | 199,566 | |
185 | Dayton Power & Light Co | 3.950% | 6/15/49 | BBB+ | 200,538 |
Principal Amount (000) | Description (1) | Coupon | Maturity | Ratings (2) | Value | |
Utility (continued) | ||||||
$ 211 | Delmarva Power & Light Co | 4.000% | 6/01/42 | A | $220,330 | |
300 | Dominion Energy Inc | 3.600% | 3/15/27 | BBB | 318,368 | |
100 | Dominion Energy Inc | 2.250% | 8/15/31 | BBB | 95,168 | |
74 | Dominion Energy Inc | 5.250% | 8/01/33 | BBB | 87,441 | |
875 | Dominion Energy Inc | 4.900% | 8/01/41 | BBB | 1,024,635 | |
100 | Dominion Energy South Carolina Inc | 2.300% | 12/01/31 | A | 97,182 | |
200 | Duke Energy Corp | 3.150% | 8/15/27 | BBB | 207,643 | |
200 | Duke Energy Corp | 3.400% | 6/15/29 | BBB | 207,562 | |
300 | Duke Energy Corp | 2.450% | 6/01/30 | BBB | 291,081 | |
60 | Duke Energy Corp | 2.550% | 6/15/31 | BBB | 58,016 | |
300 | Duke Energy Corp | 3.300% | 6/15/41 | BBB | 287,466 | |
800 | Duke Energy Corp | 3.950% | 8/15/47 | BBB | 832,784 | |
234 | El Paso Electric Co | 5.000% | 12/01/44 | Baa2 | 275,619 | |
30 | Emera US Finance LP | 2.639% | 6/15/31 | BBB- | 28,794 | |
318 | Emera US Finance LP | 4.750% | 6/15/46 | BBB- | 356,579 | |
100 | Enel Chile SA | 4.875% | 6/12/28 | BBB+ | 109,360 | |
100 | Entergy Corp | 1.900% | 6/15/28 | BBB | 95,271 | |
100 | Entergy Corp | 2.800% | 6/15/30 | BBB | 98,351 | |
242 | Entergy Corp | 2.400% | 6/15/31 | BBB | 231,105 | |
100 | Entergy Corp | 3.750% | 6/15/50 | BBB | 102,391 | |
143 | Essential Utilities Inc | 2.704% | 4/15/30 | BBB+ | 141,897 | |
230 | Essential Utilities Inc | 3.351% | 4/15/50 | BBB+ | 222,718 | |
100 | Evergy Inc | 2.900% | 9/15/29 | BBB | 100,014 | |
100 | Eversource Energy | 3.300% | 1/15/28 | BBB+ | 103,649 | |
100 | Eversource Energy | 4.250% | 4/01/29 | BBB+ | 109,307 | |
100 | Eversource Energy | 1.650% | 8/15/30 | BBB+ | 91,253 | |
110 | Eversource Energy | 2.550% | 3/15/31 | BBB+ | 107,206 | |
150 | Eversource Energy | 3.450% | 1/15/50 | BBB+ | 150,964 | |
250 | Exelon Corp | 4.050% | 4/15/30 | BBB | 270,238 | |
431 | Exelon Corp | 4.950% | 6/15/35 | BBB | 491,589 | |
296 | Exelon Corp | 5.100% | 6/15/45 | BBB | 360,033 | |
18 | Exelon Corp | 4.450% | 4/15/46 | BBB | 20,612 | |
100 | Exelon Corp | 4.700% | 4/15/50 | BBB | 118,515 | |
429 | Exelon Generation Co LLC | 5.600% | 6/15/42 | BBB- | 491,322 | |
100 | Florida Power & Light Co | 2.450% | 2/03/32 | AA- | 99,010 | |
100 | Florida Power & Light Co | 2.875% | 12/04/51 | AA- | 94,885 | |
68 | Iberdrola International BV | 6.750% | 7/15/36 | BBB+ | 95,641 | |
100 | Interstate Power and Light Co | 3.600% | 4/01/29 | BBB+ | 106,408 | |
200 | Interstate Power and Light Co | 2.300% | 6/01/30 | BBB+ | 192,457 | |
289 | Interstate Power and Light Co | 4.700% | 10/15/43 | BBB+ | 346,083 | |
250 | IPALCO Enterprises Inc | 4.250% | 5/01/30 | BBB- | 264,580 |
Principal Amount (000) | Description (1) | Coupon | Maturity | Ratings (2) | Value | |
Utility (continued) | ||||||
$ 168 | ITC Holdings Corp | 5.300% | 7/01/43 | BBB | $208,207 | |
108 | National Grid USA | 5.803% | 4/01/35 | BBB | 130,604 | |
400 | NextEra Energy Capital Holdings Inc | 1.875% | 1/15/27 | BBB+ | 391,972 | |
352 | NextEra Energy Capital Holdings Inc | 1.900% | 6/15/28 | BBB+ | 341,144 | |
200 | NextEra Energy Capital Holdings Inc | 3.500% | 4/01/29 | BBB+ | 209,798 | |
400 | NextEra Energy Capital Holdings Inc | 2.750% | 11/01/29 | BBB+ | 401,783 | |
350 | NextEra Energy Capital Holdings Inc | 2.250% | 6/01/30 | BBB+ | 336,683 | |
200 | NextEra Energy Capital Holdings Inc | 2.440% | 1/15/32 | BBB+ | 192,862 | |
200 | NextEra Energy Capital Holdings Inc | 5.650% | 5/01/79 | BBB | 222,271 | |
300 | NextEra Energy Capital Holdings Inc | 3.800% | 3/15/82 | BBB | 294,080 | |
250 | NiSource Inc | 3.490% | 5/15/27 | BBB | 262,737 | |
250 | NiSource Inc | 3.600% | 5/01/30 | BBB | 262,501 | |
693 | NiSource Inc | 5.950% | 6/15/41 | BBB | 901,638 | |
296 | NiSource Inc | 5.650% | 2/01/45 | BBB | 376,926 | |
225 | NiSource Inc | 3.950% | 3/30/48 | BBB | 239,906 | |
84 | Oglethorpe Power Corp | 5.950% | 11/01/39 | BBB+ | 107,958 | |
220 | Oglethorpe Power Corp | 4.200% | 12/01/42 | BBB+ | 225,447 | |
147 | Oglethorpe Power Corp | 4.250% | 4/01/46 | BBB+ | 148,548 | |
25 | Oglethorpe Power Corp | 5.050% | 10/01/48 | BBB+ | 30,202 | |
300 | Oglethorpe Power Corp | 5.250% | 9/01/50 | BBB+ | 367,235 | |
110 | ONE Gas Inc | 4.658% | 2/01/44 | BBB+ | 129,083 | |
150 | ONE Gas Inc | 4.500% | 11/01/48 | BBB+ | 175,268 | |
400 | Pacific Gas and Electric Co | 3.300% | 12/01/27 | BBB- | 399,343 | |
542 | Pacific Gas and Electric Co | 3.000% | 6/15/28 | BBB- | 527,560 | |
400 | Pacific Gas and Electric Co | 3.750% | 7/01/28 | BBB- | 402,898 | |
400 | Pacific Gas and Electric Co | 4.550% | 7/01/30 | BBB- | 416,244 | |
250 | Pacific Gas and Electric Co | 2.500% | 2/01/31 | BBB- | 228,540 | |
100 | Pacific Gas and Electric Co | 3.250% | 6/01/31 | BBB- | 96,007 | |
1,942 | Pacific Gas and Electric Co | 4.200% | 6/01/41 | BBB- | 1,842,762 | |
298 | Pacific Gas and Electric Co, (3) | 3.750% | 8/15/42 | BBB- | 260,499 | |
706 | Pacific Gas and Electric Co | 4.300% | 3/15/45 | BBB- | 661,683 | |
214 | Pacific Gas and Electric Co | 4.000% | 12/01/46 | BBB- | 195,868 | |
250 | Pacific Gas and Electric Co | 3.950% | 12/01/47 | BBB- | 224,108 | |
350 | Pacific Gas and Electric Co | 4.950% | 7/01/50 | BBB- | 357,324 | |
158 | Pennsylvania Electric Co | 6.150% | 10/01/38 | BBB | 206,959 | |
200 | Piedmont Natural Gas Co Inc | 3.500% | 6/01/29 | BBB+ | 209,013 | |
250 | Piedmont Natural Gas Co Inc | 2.500% | 3/15/31 | BBB+ | 241,300 | |
200 | Piedmont Natural Gas Co Inc | 3.640% | 11/01/46 | BBB+ | 199,309 | |
200 | Piedmont Natural Gas Co Inc | 3.350% | 6/01/50 | BBB+ | 193,392 | |
130 | Public Service Co of New Hampshire | 2.200% | 6/15/31 | A+ | 125,727 | |
100 | Public Service Electric and Gas Co | 1.900% | 8/15/31 | A | 94,430 |
Principal Amount (000) | Description (1) | Coupon | Maturity | Ratings (2) | Value | |
Utility (continued) | ||||||
$ 100 | Public Service Enterprise Group Inc | 1.600% | 8/15/30 | BBB | $90,231 | |
10 | Puget Energy Inc | 2.379% | 6/15/28 | BBB- | 9,650 | |
120 | Puget Energy Inc | 4.100% | 6/15/30 | Baa3 | 127,184 | |
200 | Sempra Energy | 3.250% | 6/15/27 | BBB | 206,875 | |
200 | Sempra Energy | 3.400% | 2/01/28 | BBB | 208,857 | |
440 | Sempra Energy | 3.800% | 2/01/38 | BBB | 459,982 | |
225 | Sempra Energy | 4.000% | 2/01/48 | BBB | 237,646 | |
200 | Sempra Energy | 4.125% | 4/01/52 | BBB- | 194,721 | |
100 | Southern California Edison Co | 0.975% | 8/01/24 | A- | 98,121 | |
200 | Southern California Edison Co | 2.750% | 2/01/32 | A- | 197,767 | |
10 | Southern California Edison Co | 3.650% | 6/01/51 | A- | 9,989 | |
300 | Southern Co | 1.750% | 3/15/28 | BBB | 283,977 | |
300 | Southern Co | 3.700% | 4/30/30 | BBB | 316,593 | |
250 | Southern Co | 4.250% | 7/01/36 | BBB | 268,450 | |
300 | Southern Co | 4.400% | 7/01/46 | BBB | 331,508 | |
132 | Southern Co | 3.750% | 9/15/51 | BBB- | 128,815 | |
8 | Southern Co Gas Capital Corp | 4.400% | 6/01/43 | BBB+ | 8,812 | |
300 | Southern Co Gas Capital Corp | 3.950% | 10/01/46 | BBB+ | 310,524 | |
282 | Southern Co Gas Capital Corp | 4.400% | 5/30/47 | BBB+ | 312,493 | |
500 | Southern Power Co | 5.150% | 9/15/41 | BBB+ | 577,797 | |
500 | Southern Power Co | 5.250% | 7/15/43 | BBB+ | 595,107 | |
279 | Southern Power Co | 4.950% | 12/15/46 | BBB+ | 321,768 | |
150 | Southwest Gas Corp | 2.200% | 6/15/30 | BBB+ | 142,096 | |
200 | Southwest Gas Corp | 4.150% | 6/01/49 | BBB+ | 214,032 | |
200 | Southwestern Electric Power Co | 4.100% | 9/15/28 | BBB+ | 215,656 | |
545 | Southwestern Electric Power Co | 3.900% | 4/01/45 | BBB+ | 554,875 | |
100 | Southwestern Electric Power Co | 3.250% | 11/01/51 | BBB+ | 93,604 | |
153 | Southwestern Public Service Co | 6.000% | 10/01/36 | BBB+ | 195,502 | |
28 | Spire Inc | 4.700% | 8/15/44 | BBB | 30,740 | |
100 | Virginia Electric and Power Co | 2.300% | 11/15/31 | A- | 97,557 | |
200 | Virginia Electric and Power Co | 2.400% | 3/30/32 | A- | 195,277 | |
100 | WEC Energy Group Inc | 2.200% | 12/15/28 | BBB+ | 97,452 | |
10 | Wisconsin Electric Power Co | 1.700% | 6/15/28 | A | 9,628 | |
68 | Wisconsin Power and Light Co | 4.100% | 10/15/44 | A- | 74,076 | |
100 | Wisconsin Public Service Corp | 2.850% | 12/01/51 | A | 91,720 | |
300 | Xcel Energy Inc | 1.750% | 3/15/27 | BBB+ | 292,391 | |
100 | Xcel Energy Inc | 4.000% | 6/15/28 | BBB+ | 108,087 | |
150 | Xcel Energy Inc | 2.350% | 11/15/31 | BBB+ | 146,019 | |
286 | Xcel Energy Inc | 4.800% | 9/15/41 | BBB+ | 333,583 | |
32,142 | Total Utility | 33,584,757 | ||||
$ 98,059 | Total Corporate Debt (cost $108,347,280) | 102,958,259 |
Principal Amount (000) | Description (1) | Coupon | Maturity | Ratings (2) | Value | |
U.S. TREASURY – 28.1% | ||||||
$ 13 | United States Treasury Note/Bond | 1.750% | 6/15/22 | AAA | $13,066 | |
2,100 | United States Treasury Note/Bond | 0.125% | 1/31/23 | AAA | 2,085,562 | |
3,950 | United States Treasury Note/Bond | 0.125% | 4/30/23 | AAA | 3,911,580 | |
840 | United States Treasury Note/Bond | 0.125% | 5/31/23 | AAA | 830,681 | |
16,199 | United States Treasury Note/Bond | 0.125% | 6/30/23 | AAA | 16,001,575 | |
2,000 | United States Treasury Note/Bond | 0.125% | 7/31/23 | AAA | 1,972,969 | |
3,000 | United States Treasury Note/Bond | 0.125% | 8/31/23 | AAA | 2,956,055 | |
1,700 | United States Treasury Note/Bond | 0.250% | 9/30/23 | AAA | 1,676,891 | |
1,800 | United States Treasury Note/Bond | 0.375% | 10/31/23 | AAA | 1,777,008 | |
800 | United States Treasury Note/Bond | 0.500% | 11/30/23 | AAA | 790,594 | |
2,900 | United States Treasury Note/Bond | 0.750% | 12/31/23 | AAA | 2,877,344 | |
634 | United States Treasury Note/Bond | 0.375% | 4/30/25 | AAA | 612,850 | |
2,208 | United States Treasury Note/Bond | 0.250% | 9/30/25 | AAA | 2,110,624 | |
2,695 | United States Treasury Note/Bond | 0.250% | 10/31/25 | AAA | 2,572,041 | |
425 | United States Treasury Note/Bond | 0.375% | 1/31/26 | A | 405,759 | |
425 | United States Treasury Note/Bond | 0.750% | 3/31/26 | AAA | 411,104 | |
9,200 | United States Treasury Note/Bond | 0.750% | 4/30/26 | AAA | 8,890,578 | |
2,565 | United States Treasury Note/Bond | 0.750% | 5/31/26 | AAA | 2,476,027 | |
25,349 | United States Treasury Note/Bond | 0.875% | 6/30/26 | AAA | 24,584,569 | |
800 | United States Treasury Note/Bond | 1.125% | 10/31/26 | AAA | 782,156 | |
1,200 | United States Treasury Note/Bond | 1.250% | 12/31/26 | AAA | 1,179,562 | |
976 | United States Treasury Note/Bond | 3.125% | 11/15/28 | AAA | 1,062,467 | |
483 | United States Treasury Note/Bond | 2.375% | 5/15/29 | AAA | 503,773 | |
557 | United States Treasury Note/Bond | 1.625% | 8/15/29 | AAA | 552,779 | |
2,432 | United States Treasury Note/Bond | 0.625% | 5/15/30 | AAA | 2,221,005 | |
1,383 | United States Treasury Note/Bond | 0.875% | 11/15/30 | AAA | 1,283,975 | |
6,060 | United States Treasury Note/Bond | 1.625% | 5/15/31 | AAA | 5,987,091 | |
850 | United States Treasury Note/Bond | 1.375% | 11/15/31 | AAA | 819,055 | |
444 | United States Treasury Note/Bond | 1.875% | 2/15/41 | AAA | 423,239 | |
450 | United States Treasury Note/Bond | 2.000% | 11/15/41 | AAA | 437,414 | |
5,594 | United States Treasury Note/Bond | 1.875% | 2/15/51 | AA+ | 5,298,130 | |
420 | United States Treasury Note/Bond | 2.375% | 5/15/51 | AAA | 444,609 | |
100 | United States Treasury Note/Bond | 2.000% | 8/15/51 | AAA | 97,547 | |
100 | United States Treasury Note/Bond | 1.875% | 11/15/51 | AAA | 94,812 | |
1,183 | United States Treasury Note/Bond - When Issued | 1.125% | 2/28/25 | AAA | 1,173,065 | |
$ 101,835 | Total U.S. Treasury (cost $101,907,390) | 99,317,556 |
Principal Amount (000) | Description (1) | Coupon | Maturity | Ratings (2) | Value | |
GOVERNMENT RELATED – 7.2% | ||||||
Government Agency – 0.6% | ||||||
$ 250 | Federal Home Loan Mortgage Corp | 6.250% | 7/15/32 | AAA | $350,167 | |
125 | Federal Home Loan Mortgage Corp | 1.310% | 8/17/33 | Aaa | 113,511 | |
1 | Federal National Mortgage Association | 1.875% | 9/24/26 | N/R | 1,012 | |
72 | Federal National Mortgage Association | 6.625% | 11/15/30 | N/R | 99,198 | |
100 | Federal National Mortgage Association | 5.625% | 7/15/37 | N/R | 144,267 | |
161 | Kreditanstalt fuer Wiederaufbau | 1.000% | 10/01/26 | AAA | 156,112 | |
750 | Tennessee Valley Authority | 5.250% | 9/15/39 | AAA | 1,026,419 | |
199 | Tennessee Valley Authority | 3.500% | 12/15/42 | AAA | 225,478 | |
1,658 | Total Government Agency | 2,116,164 | ||||
Municipal Bonds – 2.6% (5) | ||||||
150 | American Municipal Power Inc., Ohio, Combined Hydroelectric Projects Revenue Bonds, Build America Bond Series 2010B (No Optional Call) | 7.834% | 2/15/41 | A3 | 239,788 | |
150 | Bay Area Toll Authority (Optional Call: 4/31 at 100.00) | 3.126% | 4/01/55 | N/R | 144,333 | |
91 | Bay Area Toll Authority, California, Revenue Bonds, San Francisco Bay Area Toll Bridge, Subordinate Lien, Build America Federally Taxable Bond Series 2010S-1 (No Optional Call) | 6.918% | 4/01/40 | A1 | 133,279 | |
20 | Board of Regents of the University of Texas System, Revenue Financing System Bonds, Green Series 2016B (No Optional Call) | 3.852% | 8/15/46 | Aaa | 23,927 | |
150 | California State University (No Optional Call) | 2.719% | 11/01/52 | Aa2 | 139,829 | |
50 | California State University, Systemwide Revenue Bonds, Taxable Series 2021B (Optional Call: 11/31 at 100.00) | 2.939% | 11/01/52 | Aa2 | 46,857 | |
50 | California State, General Obligation Bonds, Various Purpose Build America Taxable Bond Series 2010 (No Optional Call) | 7.625% | 3/01/40 | AA- | 79,839 | |
500 | California State, General Obligation Bonds, Various Purpose, Build America Taxable Bond Series 2010 (No Optional Call) | 7.600% | 11/01/40 | Aa3 | 825,601 | |
70 | Chicago Greater Metropolitan Water Reclamation District, Illinois, General Obligation Bonds, Build America Taxable Bonds, Series 2009 (No Optional Call) | 5.720% | 12/01/38 | AA+ | 94,480 | |
47 | Chicago O'Hare International Airport (No Optional Call) | 4.572% | 1/01/54 | A2 | 62,098 | |
150 | Chicago Transit Authority, Illinois, Sales and Transfer Tax Receipts Revenue Bonds, Pension Funding Taxable Series 2008B (No Optional Call) | 6.899% | 12/01/40 | A+ | 208,460 | |
40 | Commonwealth Financing Authority, Pennslyvania, Revenue Bonds, Taxable Series 2021A (No Optional Call) | 2.991% | 6/01/42 | N/R | 39,659 | |
91 | Commonwealth Financing Authority, Pennsylvania, State Appropriation Lease Bonds, Plancon Program, Taxable Series 2018A (No Optional Call) | 3.864% | 6/01/38 | A1 | 100,973 | |
50 | Cook County, Illinois, General Obligation Bonds, Build America Taxable Bonds, Series 2010D (No Optional Call) | 6.229% | 11/15/34 | A+ | 66,371 | |
150 | Dallas Area Rapid Transit, Texas, Sales Tax Revenue Bonds, Taxable Refunding Senior Lien Series 2021A (Optional Call: 12/31 at 100.00) | 2.613% | 12/01/48 | N/R | 138,116 | |
40 | Dallas-Fort Worth International Airport, Texas, Joint Revenue Bonds, Taxable Refunding Series 2021C (Optional Call: 11/31 at 100.00) | 2.843% | 11/01/46 | N/R | 39,386 | |
91 | Dormitory Authority of the State of New York, Revenue Bonds, Montefiore Obligated Group, Taxable Series 2018B (Optional Call: 8/28 at 100.00) | 4.946% | 8/01/48 | A2 | 100,944 |
Principal Amount (000) | Description (1) | Coupon | Maturity | Ratings (2) | Value | |
Municipal Bonds (5) (continued) | ||||||
$ 100 | Dormitory Authority of the State of New York, State Personal Income Tax Revenue Bonds, General Purpose, Series 2021C (No Optional Call) | 2.202% | 3/15/34 | N/R | $95,602 | |
140 | European Investment Bank (No Optional Call) | 0.750% | 10/26/26 | AAA | 134,277 | |
100 | Golden State Tobacco Securitization Corp (Optional Call: 12/31 at 100.00) | 4.214% | 6/01/50 | N/R | 95,243 | |
100 | Golden State Tobacco Securitization Corporation, California, Enhanced Tobacco Settlement Asset-Backed Revenue Bonds, Taxable Series 2021B (Optional Call: 6/31 at 100.00) | 2.746% | 6/01/34 | N/R | 97,551 | |
150 | Grand Parkway Transportation Corporation, Texas, System Toll Revenue Bonds, Taxable Refunding Subordinate Lien Series 2020B. Tela Supported (Optional Call: 4/30 at 100.00) | 3.236% | 10/01/52 | Aa2 | 151,235 | |
21 | Health & Educational Facilities Authority of the State of Missouri (No Optional Call) | 3.086% | 9/15/51 | AA+ | 22,201 | |
886 | Illinois State, General Obligation Bonds, Pension Funding Series 2003 (No Optional Call) | 5.100% | 6/01/33 | BBB- | 986,685 | |
148 | Inter-American Development Bank (No Optional Call) | 4.375% | 1/24/44 | Aaa | 196,371 | |
100 | International Bank for Reconstruction & Development (No Optional Call) | 1.625% | 11/03/31 | AAA | 97,630 | |
100 | Kansas Development Finance Authority, Kansas, Revenue Bonds, State of Kansas KPERS Projects, Taxable Series 2021K (No Optional Call) | 2.774% | 5/01/51 | N/R | 93,997 | |
70 | Los Angeles Community College District, California, General Obligation Bonds, Build America Taxable Bonds, Series 2010 (No Optional Call) | 6.600% | 8/01/42 | Aa1 | 107,786 | |
30 | Los Angeles Community College District, California, General Obligation Bonds, Build America Taxable Bonds, Series 2010 (No Optional Call) | 6.750% | 8/01/49 | Aa1 | 50,009 | |
30 | Los Angeles Department of Water and Power, California, Waterworks Revenue Bonds, Taxable Build America Bond Series 2009C (No Optional Call) | 6.008% | 7/01/39 | Aa2 | 38,930 | |
91 | Los Angeles Unified School District, Los Angeles County, California, General Obligation Bonds, Build America Taxable Bonds, Series 2009KRY (No Optional Call) | 5.750% | 7/01/34 | AA- | 115,728 | |
50 | Massachusetts State, General Obligation Bonds, Taxable Refunding Series 2019D (No Optional Call) | 2.663% | 9/01/39 | Aa1 | 49,658 | |
58 | Metropolitan Transportation Authority, New York, Transportation Revenue Bonds, Build America Taxable Bonds, Series 2009A-1 (No Optional Call) | 5.871% | 11/15/39 | A- | 73,491 | |
11 | Michigan Finance Authority, Hospital Revenue Bonds, Trinity Health Credit Group, Taxable Refunding Series 2019-T (No Optional Call) | 3.384% | 12/01/40 | Aa3 | 11,498 | |
95 | Municipal Electric Authority of Georgia, Plant Vogtle Units 3 & 4 Project J Bonds, Taxable Build America Bonds Series 2010A (No Optional Call) | 6.637% | 4/01/57 | A- | 138,343 | |
47 | New Jersey Transportation Trust Fund Authority, Transportation System Bonds, Federally Taxable Issuer Subsidy Build America Bonds, Series 2010B (No Optional Call) | 6.561% | 12/15/40 | BBB+ | 68,500 | |
350 | New Jersey Turnpike Authority, Revenue Bonds, Build America Taxable Bonds, Series 2010A (No Optional Call) | 7.102% | 1/01/41 | A2 | 537,814 | |
135 | New York City Municipal Water Finance Authority, New York, Water and Sewer System Revenue Bonds, Second Generation Resolution, Build America Taxable Bonds, Fiscal 2011 Series 2010CC (No Optional Call) | 5.882% | 6/15/44 | Aa1 | 198,314 | |
100 | New York City Municipal Water Finance Authority, New York, Water and Sewer System Revenue Bonds, Second Generation Resolution, Build America Taxable Bonds, Fiscal 2011 Series AA (No Optional Call) | 5.440% | 6/15/43 | Aa1 | 139,318 |
Principal Amount (000) | Description (1) | Coupon | Maturity | Ratings (2) | Value | |
Municipal Bonds (5) (continued) | ||||||
$ 75 | New York City Transitional Finance Authority, New York, Future Tax Secured Bonds, Build America Taxable Bonds, Series 2010B-1 (No Optional Call) | 5.572% | 11/01/38 | AAA | $94,737 | |
82 | New York State Thruway Authority, General Revenue Bonds, Taxable Series 2019M (No Optional Call) | 2.900% | 1/01/35 | N/R | 83,714 | |
100 | North Texas Tollway Authority, System Revenue Bonds, Refunding First Tier Taxable Series 2021A (Optional Call: 1/31 at 100.00) | 3.011% | 1/01/43 | N/R | 98,091 | |
120 | Ohio State University, General Receipts Bonds, Build America Taxable Bond Series 2010C (No Optional Call) | 4.910% | 6/01/40 | Aa2 | 159,016 | |
30 | Ohio State University, General Receipts Bonds, Multiyear Debt Issuance Program, Taxable Series 2016B (No Optional Call) | 3.798% | 12/01/46 | Aa2 | 34,841 | |
21 | Phoenix, Arizona, Various Purpose General Obligation Bonds, Build America Taxable Bonds, Series 2009A (No Optional Call) | 5.269% | 7/01/34 | Aa1 | 24,443 | |
150 | Port Authority of New York & New Jersey (Optional Call: 8/31 at 100.00) | 3.139% | 2/15/51 | N/R | 147,436 | |
400 | Port Authority of New York and New Jersey, Consolidated Revenue Bonds, Two Hundred Twenty-Fifth Series 2021 (Optional Call: 7/31 at 100.00) | 3.175% | 7/15/60 | Aa3 | 384,348 | |
325 | Province of British Columbia Canada (No Optional Call) | 1.300% | 1/29/31 | AA+ | 306,171 | |
75 | Sales Tax Securitization Corp (No Optional Call) | 3.238% | 1/01/42 | N/R | 72,339 | |
32 | Sales Tax Securitization Corp (No Optional Call) | 3.820% | 1/01/48 | AA- | 33,528 | |
140 | San Antonio, Texas, Electric and Gas System Revenue Bonds, Build America Taxable Bond Series 2010A (No Optional Call) | 5.718% | 2/01/41 | AA | 189,000 | |
50 | State of California (Optional Call: 4/28 at 100.00) | 4.500% | 4/01/33 | Aa3 | 56,770 | |
600 | State of California (Optional Call: 4/28 at 100.00) | 4.600% | 4/01/38 | Aa3 | 680,733 | |
42 | Texas State, General Obligation Bonds, Transportation Commission, Build America Taxable Bonds, Series 2010A (No Optional Call) | 4.631% | 4/01/33 | AAA | 50,314 | |
333 | The Rector and Visitors of the University of Virginia, General Revenue Bonds, Taxable Pledge and Refunding Series 2020 (Optional Call: 3/50 at 100.00) | 2.256% | 9/01/50 | Aaa | 290,756 | |
82 | Tucson, Arizona, Certificates of Participation, Taxable Series 2021A (No Optional Call) | 2.856% | 7/01/47 | A+ | 79,377 | |
200 | University of California (Optional Call: 5/31 at 100.00) | 3.071% | 5/15/51 | Aa2 | 193,762 | |
100 | University of California Regents, Medical Center Pooled Revenue Bonds, Taxable Build America Bond Series 2010H (No Optional Call) | 6.548% | 5/15/48 | Aa3 | 149,883 | |
60 | University of California Regents, Medical Center Pooled Revenue Bonds, Taxable Series 2020N (Optional Call: 11/49 at 100.00) | 3.006% | 5/15/50 | Aa3 | 59,503 | |
57 | University of California, General Revenue Bonds, Taxable Series 2019BD (No Optional Call) | 3.349% | 7/01/29 | Aa2 | 61,219 | |
7,876 | Total Municipal Bonds | 9,234,102 | ||||
Sovereign Debt – 4.0% | ||||||
20 | Chile Government International Bond | 2.550% | 1/27/32 | A | 19,326 | |
450 | Chile Government International Bond | 2.550% | 7/27/33 | A | 422,406 | |
200 | Chile Government International Bond | 3.500% | 1/31/34 | A- | 204,400 | |
100 | Chile Government International Bond | 3.625% | 10/30/42 | A | 99,700 | |
300 | Chile Government International Bond | 3.500% | 1/25/50 | A | 288,453 | |
200 | Chile Government International Bond | 3.250% | 9/21/71 | A | 173,296 |
Principal Amount (000) | Description (1) | Coupon | Maturity | Ratings (2) | Value | |
Sovereign Debt (continued) | ||||||
$ 400 | Colombia Government International Bond | 3.250% | 4/22/32 | BBB- | $340,000 | |
600 | Colombia Government International Bond | 4.125% | 2/22/42 | BBB- | 474,900 | |
200 | Colombia Government International Bond | 5.000% | 6/15/45 | BBB- | 169,952 | |
250 | Colombia Government International Bond | 5.200% | 5/15/49 | BBB- | 215,310 | |
200 | Colombia Government International Bond, (3) | 4.125% | 5/15/51 | BBB- | 151,884 | |
200 | Colombia Government International Bond, (3) | 3.875% | 2/15/61 | BBB- | 145,448 | |
150 | Hungary Government International Bond | 7.625% | 3/29/41 | BBB | 235,393 | |
100 | Indonesia Government International Bond | 4.350% | 1/11/48 | Baa2 | 106,212 | |
44 | Indonesia Government International Bond | 3.500% | 2/14/50 | BBB | 42,023 | |
600 | Indonesia Government International Bond | 3.350% | 3/12/71 | BBB | 527,515 | |
100 | Israel Government International Bond | 4.500% | 1/30/43 | A+ | 121,501 | |
200 | Korea International Bond | 3.875% | 9/20/48 | AA | 249,002 | |
1,500 | Mexico Government International Bond | 4.280% | 8/14/41 | BBB | 1,468,935 | |
1,108 | Mexico Government International Bond | 5.550% | 1/21/45 | BBB | 1,256,328 | |
66 | Mexico Government International Bond | 4.350% | 1/15/47 | BBB | 63,869 | |
738 | Mexico Government International Bond | 4.400% | 2/12/52 | BBB | 709,151 | |
250 | Mexico Government International Bond | 3.771% | 5/24/61 | BBB | 213,645 | |
1,410 | Panama Government International Bond | 4.500% | 5/15/47 | BBB | 1,457,573 | |
725 | Peruvian Government International Bond | 1.862% | 12/01/32 | BBB+ | 636,833 | |
200 | Peruvian Government International Bond | 3.000% | 1/15/34 | BBB+ | 192,000 | |
200 | Peruvian Government International Bond | 3.300% | 3/11/41 | BBB+ | 187,440 | |
160 | Peruvian Government International Bond | 3.550% | 3/10/51 | BBB+ | 153,632 | |
148 | Peruvian Government International Bond | 2.780% | 12/01/60 | BBB+ | 118,344 | |
100 | Peruvian Government International Bond | 3.600% | 1/15/72 | BBB+ | 88,250 | |
225 | Peruvian Government International Bond | 3.230% | 7/28/21 | BBB+ | 174,787 | |
400 | Philippine Government International Bond | 1.950% | 1/06/32 | BBB | 376,521 | |
150 | Philippine Government International Bond | 3.950% | 1/20/40 | BBB | 157,413 | |
650 | Philippine Government International Bond | 3.700% | 3/01/41 | BBB | 662,630 | |
200 | Philippine Government International Bond | 3.200% | 7/06/46 | BBB | 190,065 | |
90 | Republic of Italy Government International Bond | 5.375% | 6/15/33 | Baa3 | 108,355 | |
500 | Republic of Italy Government International Bond | 4.000% | 10/17/49 | N/R | 526,726 | |
474 | State of Israel | 3.375% | 1/15/50 | A+ | 483,821 | |
646 | Uruguay Government International Bond | 5.100% | 6/18/50 | BBB | 803,404 | |
150 | Uruguay Government International Bond | 4.975% | 4/20/55 | BBB | 185,337 | |
14,404 | Total Sovereign Debt | 14,201,780 | ||||
$ 23,938 | Total Government Related (cost $26,815,797) | 25,552,046 | ||||
Total Long-Term Investments (cost $362,408,424) | 350,635,681 |
Shares | Description (1) | Coupon | Value | |||
INVESTMENTS PURCHASED WITH COLLATERAL FROM SECURITIES LENDING – 0.2% | ||||||
MONEY MARKET FUNDS – 0.2% | ||||||
898,212 | State Street Navigator Securities Lending Government Money Market Portfolio, (6) | 0.050% (7) | $ 898,212 | |||
Total Investments Purchased with Collateral from Securities Lending (cost $898,212) | 898,212 | |||||
Total Investments (cost $363,306,636) – 99.5% | 351,533,893 | |||||
Other Assets Less Liabilities – 0.5% | 1,730,130 | |||||
Net Assets – 100% | $ 353,264,023 |
For Fund portfolio compliance purposes, the Fund’s industry classifications refer to any one or more of the industry sub-classifications used by one or more widely recognized market indexes or ratings group indexes, and/or as defined by Fund management. This definition may not apply for purposes of this report, which may combine industry sub-classifications into sectors for reporting ease. | ||
(1) | All percentages shown in the Portfolio of Investments are based on net assets. | |
(2) | The Fund uses credit quality ratings for its portfolio securities provided by Moody's, S&P and Fitch. If all three of Moody's, S&P, and Fitch provide a rating for a security, an average of the ratings is used; if two of the three agencies rate a security, an average of the two is used; and if only one rating agency rates a security, that rating is used. AAA, AA, A, and BBB are investment grade ratings; BB, B, CCC/CC/C and D are below-investment grade ratings. Credit ratings are subject to change. Holdings designated N/R are not rated by Moody's, S&P or Fitch. | |
(3) | Investment, or a portion of investment, is out on loan for securities lending. The total value of the securities out on loan as of the end of the reporting period was $872,536. | |
(4) | Perpetual security. Maturity date is not applicable. | |
(5) | Optional Call Provisions: Dates (month and year) and prices of the earliest optional call or redemption. There may be other call provisions at varying prices at later dates. Certain mortgage-backed securities may be subject to periodic principal paydowns. | |
(6) | The Fund may loan securities representing up to one third of the market value of its total assets (which includes collateral for securities on loan) to broker dealers, banks, and other institutions. The collateral maintained by the Fund shall have a market value, at the inception of each loan, equal to not less than 100% of the market value of the loaned securities. The cash collateral received by the Fund is invested in this money market fund. | |
(7) | The rate shown is the one-day yield as of the end of the reporting period. | |
144A | Investment is exempt from registration under Rule 144A of the Securities Act of 1933, as amended. These investments may only be resold in transactions exempt from registration, which are normally those transactions with qualified institutional buyers. | |
DD1 | Portion of investment purchased on a delayed delivery basis. | |
N/A | Not Applicable. | |
WI/DD | Purchased on a when-issued or delayed delivery basis. |
Principal Amount (000) | Description (1) | Coupon | Maturity | Ratings (2) | Value | |
LONG-TERM INVESTMENTS – 97.3% | ||||||
CORPORATE DEBT – 43.5% | ||||||
Financials – 19.7% | ||||||
$ 30 | AerCap Ireland Capital DAC / AerCap Global Aviation Trust | 4.125% | 7/03/23 | BBB- | $30,906 | |
130 | AerCap Ireland Capital DAC / AerCap Global Aviation Trust | 4.875% | 1/16/24 | BBB- | 135,999 | |
150 | AerCap Ireland Capital DAC / AerCap Global Aviation Trust | 1.650% | 10/29/24 | BBB- | 147,317 | |
20 | Aflac Inc | 1.125% | 3/15/26 | A- | 19,325 | |
100 | Air Lease Corp | 0.800% | 8/18/24 | BBB | 96,787 | |
50 | Air Lease Corp | 1.875% | 8/15/26 | BBB | 47,931 | |
41 | Aircastle Ltd | 4.400% | 9/25/23 | BBB- | 42,471 | |
50 | Allstate Corp | 5.750% | 8/15/53 | BBB | 51,864 | |
45 | Ally Financial Inc | 3.875% | 5/21/24 | BBB- | 46,746 | |
40 | Ally Financial Inc | 5.125% | 9/30/24 | BBB- | 43,160 | |
37 | American Express Co | 3.400% | 2/22/24 | A- | 38,276 | |
51 | American International Group Inc | 4.125% | 2/15/24 | BBB+ | 53,513 | |
40 | American International Group Inc | 3.750% | 7/10/25 | BBB+ | 42,263 | |
25 | Anthem Inc | 2.375% | 1/15/25 | BBB+ | 25,359 | |
45 | Aon Corp | 2.200% | 11/15/22 | BBB+ | 45,446 | |
74 | Ares Capital Corp | 3.250% | 7/15/25 | BBB- | 75,371 | |
7 | Assured Guaranty US Holdings Inc | 5.000% | 7/01/24 | BBB+ | 7,507 | |
200 | Banco Santander SA | 1.849% | 3/25/26 | A- | 194,848 | |
60 | Bank of America Corp | 0.976% | 4/22/25 | A | 58,797 | |
80 | Bank of America Corp | 3.366% | 1/23/26 | A | 82,725 | |
210 | Bank of America Corp | 1.734% | 7/22/27 | A | 203,678 | |
20 | Bank of Montreal | 0.625% | 7/09/24 | A | 19,432 | |
30 | Bank of Montreal | 1.250% | 9/15/26 | A | 28,797 | |
60 | Bank of New York Mellon Corp | 0.750% | 1/28/26 | A+ | 57,532 | |
20 | Bank of Nova Scotia | 0.700% | 4/15/24 | A | 19,547 | |
100 | Bank of Nova Scotia | 1.350% | 6/24/26 | A | 96,808 | |
110 | Barclays PLC | 3.932% | 5/07/25 | BBB+ | 114,159 | |
200 | Barclays PLC | 2.279% | 11/24/27 | BBB+ | 195,868 | |
50 | BGC Partners Inc | 3.750% | 10/01/24 | BBB- | 51,496 | |
100 | Blackstone Private Credit Fund, 144A | 2.350% | 11/22/24 | BBB- | 98,566 | |
100 | Blackstone Private Credit Fund, 144A | 2.700% | 1/15/25 | BBB- | 98,961 | |
40 | Blackstone Secured Lending Fund | 2.750% | 9/16/26 | Baa3 | 39,300 | |
20 | Boston Properties LP | 3.800% | 2/01/24 | BBB+ | 20,689 | |
50 | Capital One Financial Corp | 3.750% | 4/24/24 | BBB+ | 52,066 | |
208 | Capital One Financial Corp | 3.300% | 10/30/24 | BBB+ | 215,378 |
Principal Amount (000) | Description (1) | Coupon | Maturity | Ratings (2) | Value | |
Financials (continued) | ||||||
$ 50 | Charles Schwab Corp | 1.150% | 5/13/26 | A | $48,440 | |
30 | Chubb INA Holdings Inc | 3.150% | 3/15/25 | A | 31,261 | |
73 | Citigroup Inc | 4.044% | 6/01/24 | A- | 75,479 | |
60 | Citigroup Inc | 3.875% | 3/26/25 | BBB | 62,753 | |
10 | Citigroup Inc | 0.981% | 5/01/25 | A- | 9,789 | |
100 | Citigroup Inc | 1.281% | 11/03/25 | A- | 97,983 | |
100 | Citigroup Inc | 2.014% | 1/25/26 | A- | 99,795 | |
100 | Citigroup Inc | 1.462% | 6/09/27 | A- | 95,960 | |
50 | CNA Financial Corp | 3.950% | 5/15/24 | BBB+ | 52,136 | |
80 | Cooperatieve Rabobank UA | 4.375% | 8/04/25 | BBB+ | 85,160 | |
140 | Credit Suisse Group AG | 3.750% | 3/26/25 | BBB+ | 145,683 | |
10 | Deutsche Bank AG/London | 3.700% | 5/30/24 | BBB | 10,363 | |
200 | Deutsche Bank AG/New York NY | 3.700% | 5/30/24 | BBB | 206,893 | |
250 | Discover Bank | 2.450% | 9/12/24 | BBB | 252,481 | |
100 | Fifth Third Bancorp | 1.707% | 11/01/27 | BBB+ | 97,167 | |
100 | Goldman Sachs Group Inc | 3.625% | 2/20/24 | A- | 103,417 | |
70 | Goldman Sachs Group Inc | 3.750% | 5/22/25 | A- | 73,249 | |
100 | Goldman Sachs Group Inc | 1.948% | 10/21/27 | A- | 97,326 | |
90 | HSBC Holdings PLC | 0.976% | 5/24/25 | A | 87,874 | |
160 | HSBC Holdings PLC | 4.300% | 3/08/26 | A | 171,559 | |
16 | Humana Inc | 2.900% | 12/15/22 | BBB | 16,246 | |
90 | JPMorgan Chase & Co | 0.768% | 8/09/25 | A | 87,375 | |
134 | JPMorgan Chase & Co | 2.005% | 3/13/26 | A | 133,338 | |
100 | JPMorgan Chase & Co | 1.578% | 4/22/27 | A | 96,743 | |
50 | Lincoln National Corp | 4.000% | 9/01/23 | BBB+ | 51,930 | |
200 | Lloyds Banking Group PLC | 1.627% | 5/11/27 | A- | 192,746 | |
100 | Main Street Capital Corp | 3.000% | 7/14/26 | BBB- | 97,962 | |
16 | Marsh & McLennan Cos Inc | 3.875% | 3/15/24 | BBB+ | 16,732 | |
15 | MetLife Inc | 3.600% | 4/10/24 | A- | 15,655 | |
100 | Mid-America Apartments LP | 1.100% | 9/15/26 | BBB+ | 94,686 | |
110 | Mitsubishi UFJ Financial Group Inc | 0.953% | 7/19/25 | A | 107,225 | |
27 | Morgan Stanley | 3.700% | 10/23/24 | A | 28,225 | |
100 | Morgan Stanley | 0.790% | 5/30/25 | A | 97,392 | |
100 | Morgan Stanley | 1.164% | 10/21/25 | A | 97,840 | |
100 | Morgan Stanley | 1.593% | 5/04/27 | A | 96,551 | |
50 | Nasdaq Inc | 4.250% | 6/01/24 | BBB | 52,560 | |
270 | NatWest Group PLC | 4.269% | 3/22/25 | BBB+ | 281,910 | |
80 | Nomura Holdings Inc | 1.653% | 7/14/26 | BBB+ | 76,924 | |
10 | Oaktree Specialty Lending Corp | 2.700% | 1/15/27 | Baa3 | 9,694 | |
10 | Office Properties Income Trust | 2.650% | 6/15/26 | BBB- | 9,784 | |
50 | Old Republic International Corp | 3.875% | 8/26/26 | BBB | 53,092 |
Principal Amount (000) | Description (1) | Coupon | Maturity | Ratings (2) | Value | |
Financials (continued) | ||||||
$ 50 | Owl Rock Capital Corp | 3.750% | 7/22/25 | BBB- | $50,858 | |
50 | PNC Financial Services Group Inc | 1.150% | 8/13/26 | A- | 48,403 | |
11 | Prudential Financial Inc | 5.625% | 6/15/43 | BBB+ | 11,386 | |
51 | Prudential Financial Inc | 5.200% | 3/15/44 | BBB+ | 52,662 | |
10 | Royal Bank of Canada | 0.750% | 10/07/24 | A+ | 9,714 | |
50 | Royal Bank of Canada | 1.200% | 4/27/26 | A+ | 48,185 | |
100 | Royal Bank of Canada | 2.050% | 1/21/27 | A+ | 98,968 | |
81 | Santander Holdings USA Inc | 3.500% | 6/07/24 | BBB | 83,392 | |
100 | Santander Holdings USA Inc | 2.490% | 1/06/28 | BBB | 98,462 | |
110 | Santander UK Group Holdings PLC | 4.796% | 11/15/24 | BBB+ | 115,514 | |
45 | State Street Corp | 3.700% | 11/20/23 | A+ | 46,854 | |
120 | Sumitomo Mitsui Financial Group Inc | 3.748% | 7/19/23 | A | 124,037 | |
20 | SVB Financial Group | 1.800% | 10/28/26 | BBB+ | 19,608 | |
10 | Symetra Financial Corp | 4.250% | 7/15/24 | BBB | 10,491 | |
60 | Synchrony Financial | 4.375% | 3/19/24 | BBB- | 62,730 | |
50 | Toronto-Dominion Bank | 1.200% | 6/03/26 | A | 48,085 | |
30 | Toronto-Dominion Bank | 1.250% | 9/10/26 | A+ | 28,790 | |
21 | Trinity Acquisition PLC | 4.625% | 8/15/23 | BBB | 21,852 | |
96 | Truist Bank | 3.689% | 8/02/24 | A | 99,101 | |
20 | Ventas Realty LP | 3.750% | 5/01/24 | BBB+ | 20,727 | |
10 | Vornado Realty LP | 2.150% | 6/01/26 | BBB | 9,843 | |
18 | Wells Fargo & Co | 3.500% | 3/08/22 | A | 18,053 | |
101 | Wells Fargo & Co | 3.750% | 1/24/24 | A | 104,995 | |
100 | Wells Fargo & Co | 0.805% | 5/19/25 | A | 97,527 | |
110 | Wells Fargo & Co | 3.550% | 9/29/25 | A | 115,495 | |
60 | Westpac Banking Corp | 1.150% | 6/03/26 | AA- | 57,993 | |
7,678 | Total Financials | 7,721,991 | ||||
Industrial – 8.5% | ||||||
85 | Altria Group Inc | 2.350% | 5/06/25 | BBB+ | 85,589 | |
80 | American Tower Corp | 2.400% | 3/15/25 | BBB | 80,421 | |
35 | Amgen Inc | 1.900% | 2/21/25 | BBB+ | 35,040 | |
50 | Anheuser-Busch Cos LLC / Anheuser-Busch InBev Worldwide Inc | 3.650% | 2/01/26 | BBB+ | 52,937 | |
50 | Anheuser-Busch InBev Finance Inc | 3.650% | 2/01/26 | BBB+ | 52,937 | |
110 | AT&T Inc | 3.400% | 5/15/25 | BBB | 114,701 | |
30 | AutoZone Inc | 3.250% | 4/15/25 | BBB | 31,066 | |
50 | BAT International Finance PLC | 1.668% | 3/25/26 | BBB | 48,160 | |
85 | Boeing Co | 4.875% | 5/01/25 | BBB- | 91,478 | |
100 | BP Capital Markets PLC | 4.375% | N/A (3) | BBB+ | 102,500 | |
100 | Broadcom Inc | 3.150% | 11/15/25 | BBB- | 102,857 | |
100 | Canadian Pacific Railway Co | 1.750% | 12/02/26 | BBB | 98,122 |
Principal Amount (000) | Description (1) | Coupon | Maturity | Ratings (2) | Value | |
Industrial (continued) | ||||||
$ 20 | Carrier Global Corp | 2.242% | 2/15/25 | BBB- | $20,171 | |
19 | Charter Communications Operating LLC / Charter Communications Operating Capital | 4.500% | 2/01/24 | BBB- | 19,941 | |
30 | Charter Communications Operating LLC / Charter Communications Operating Capital | 4.908% | 7/23/25 | BBB- | 32,372 | |
30 | CNH Industrial Capital LLC | 1.450% | 7/15/26 | BBB | 28,709 | |
15 | Dell International LLC / EMC Corp | 5.450% | 6/15/23 | BBB | 15,680 | |
10 | Diamondback Energy Inc | 4.750% | 5/31/25 | BBB- | 10,794 | |
10 | DXC Technology Co | 1.800% | 9/15/26 | BBB | 9,674 | |
100 | Eastern Energy Gas Holdings LLC | 2.500% | 11/15/24 | A- | 101,781 | |
100 | eBay Inc | 1.400% | 5/10/26 | BBB+ | 96,573 | |
100 | Enbridge Inc | 1.600% | 10/04/26 | BBB+ | 96,874 | |
45 | Equifax Inc | 2.600% | 12/15/25 | BBB | 45,663 | |
30 | Equinix Inc | 1.450% | 5/15/26 | BBB | 28,929 | |
50 | Fidelity National Information Services Inc | 0.600% | 3/01/24 | BBB | 48,756 | |
70 | Fiserv Inc | 3.800% | 10/01/23 | BBB | 72,410 | |
70 | Fiserv Inc | 2.750% | 7/01/24 | BBB | 71,386 | |
20 | Fox Corp | 4.030% | 1/25/24 | BBB | 20,905 | |
100 | General Motors Financial Co Inc | 1.250% | 1/08/26 | BBB- | 95,611 | |
90 | Gilead Sciences Inc | 3.500% | 2/01/25 | BBB+ | 93,887 | |
59 | Global Payments Inc | 4.000% | 6/01/23 | BBB- | 60,720 | |
100 | Global Payments Inc | 1.500% | 11/15/24 | BBB- | 98,566 | |
30 | HCA Inc | 5.250% | 4/15/25 | BBB- | 32,634 | |
50 | Hewlett Packard Enterprise Co | 4.900% | 10/15/25 | BBB | 54,050 | |
10 | HP Inc | 2.200% | 6/17/25 | BBB | 10,019 | |
20 | HP Inc | 1.450% | 6/17/26 | BBB | 19,234 | |
36 | Keurig Dr Pepper Inc | 4.057% | 5/25/23 | BBB | 37,164 | |
10 | Kinder Morgan Inc | 1.750% | 11/15/26 | BBB | 9,742 | |
30 | Laboratory Corp of America Holdings | 1.550% | 6/01/26 | BBB | 29,087 | |
50 | Las Vegas Sands Corp | 2.900% | 6/25/25 | BBB- | 49,813 | |
9 | Marriott International Inc/MD | 5.750% | 5/01/25 | BBB- | 9,967 | |
10 | McDonald's Corp | 3.250% | 6/10/24 | BBB+ | 10,371 | |
100 | McKesson Corp | 1.300% | 8/15/26 | BBB+ | 95,658 | |
45 | Moody's Corp | 3.750% | 3/24/25 | BBB+ | 47,352 | |
100 | National Fuel Gas Co | 5.200% | 7/15/25 | BBB- | 108,029 | |
30 | PayPal Holdings Inc | 2.400% | 10/01/24 | A- | 30,564 | |
10 | Reliance Steel & Aluminum Co | 4.500% | 4/15/23 | BBB | 10,282 | |
50 | Roper Technologies Inc | 2.350% | 9/15/24 | BBB | 50,562 | |
10 | Ryder System Inc | 2.500% | 9/01/24 | BBB | 10,161 | |
45 | Sabine Pass Liquefaction LLC | 5.625% | 3/01/25 | BBB- | 49,146 | |
50 | Shire Acquisitions Investments Ireland DAC | 3.200% | 9/23/26 | BBB | 51,830 |
Principal Amount (000) | Description (1) | Coupon | Maturity | Ratings (2) | Value | |
Industrial (continued) | ||||||
$ 10 | Southern Copper Corp | 3.875% | 4/23/25 | BBB+ | $10,505 | |
20 | Steel Dynamics Inc | 2.800% | 12/15/24 | BBB- | 20,480 | |
50 | Stryker Corp | 1.150% | 6/15/25 | BBB+ | 48,670 | |
100 | Thermo Fisher Scientific Inc | 1.215% | 10/18/24 | BBB+ | 98,563 | |
50 | T-Mobile USA Inc | 3.500% | 4/15/25 | BBB- | 51,886 | |
30 | TransCanada PipeLines Ltd | 1.000% | 10/12/24 | BBB+ | 29,320 | |
50 | Valero Energy Corp | 2.850% | 4/15/25 | BBB | 51,029 | |
50 | Valero Energy Corp | 3.400% | 9/15/26 | BBB | 51,963 | |
70 | Verizon Communications Inc | 0.850% | 11/20/25 | BBB+ | 67,081 | |
100 | VMware Inc | 1.400% | 8/15/26 | BBB- | 95,790 | |
100 | Walgreens Boots Alliance Inc | 0.950% | 11/17/23 | BBB | 98,864 | |
25 | Williams Cos Inc | 3.900% | 1/15/25 | BBB | 26,319 | |
3,293 | Total Industrial | 3,331,345 | ||||
Utility – 15.3% | ||||||
100 | AES Corp | 1.375% | 1/15/26 | BBB- | 95,514 | |
50 | Ameren Corp | 2.500% | 9/15/24 | BBB | 50,749 | |
20 | Ameren Corp | 1.950% | 3/15/27 | BBB | 19,662 | |
100 | American Electric Power Co Inc | 2.031% | 3/15/24 | BBB | 100,100 | |
100 | American Electric Power Co Inc | 1.000% | 11/01/25 | BBB | 96,325 | |
48 | American Water Capital Corp | 3.850% | 3/01/24 | A- | 49,943 | |
100 | American Water Capital Corp | 3.000% | 12/01/26 | A- | 103,633 | |
85 | Avangrid Inc | 3.150% | 12/01/24 | BBB | 87,570 | |
150 | Berkshire Hathaway Energy Co | 4.050% | 4/15/25 | A- | 159,955 | |
100 | Black Hills Corp | 1.037% | 8/23/24 | BBB+ | 97,725 | |
80 | CenterPoint Energy Inc | 2.500% | 9/01/24 | BBB | 81,115 | |
80 | CMS Energy Corp | 3.875% | 3/01/24 | BBB | 82,934 | |
50 | Consolidated Edison Company of New York | 2.900% | 12/01/26 | A- | 51,257 | |
50 | Consolidated Edison Inc | 0.650% | 12/01/23 | BBB+ | 49,205 | |
61 | Dominion Energy Inc | 3.071% | 8/15/24 | BBB | 62,517 | |
150 | Dominion Energy Inc | 3.300% | 3/15/25 | BBB | 154,351 | |
200 | Dominion Energy Inc | 1.450% | 4/15/26 | BBB | 194,061 | |
70 | DTE Energy Co | 2.529% | 10/01/24 | BBB | 70,991 | |
100 | DTE Energy Co | 1.050% | 6/01/25 | BBB | 96,418 | |
179 | Duke Energy Carolinas LLC | 3.050% | 3/15/23 | A+ | 182,774 | |
100 | Duke Energy Corp | 0.900% | 9/15/25 | BBB | 95,734 | |
100 | Duke Energy Corp | 3.250% | 1/15/82 | BBB- | 93,520 | |
100 | Duke Energy Florida LLC | 3.200% | 1/15/27 | A | 104,929 | |
85 | Edison International | 4.950% | 4/15/25 | BBB- | 91,511 | |
100 | Emera US Finance LP | 0.833% | 6/15/24 | Baa3 | 97,486 | |
70 | Entergy Gulf States Louisiana LLC | 5.590% | 10/01/24 | A | 76,711 |
Principal Amount (000) | Description (1) | Coupon | Maturity | Ratings (2) | Value | |
Utility (continued) | ||||||
$ 169 | Entergy Louisiana LLC | 5.400% | 11/01/24 | A | $185,594 | |
150 | Entergy Louisiana LLC | 2.400% | 10/01/26 | A | 151,113 | |
109 | Evergy Inc | 2.450% | 9/15/24 | BBB | 110,486 | |
10 | Eversource Energy | 2.750% | 3/15/22 | BBB+ | 10,006 | |
100 | Eversource Energy | 0.800% | 8/15/25 | BBB+ | 95,154 | |
100 | Eversource Energy | 1.400% | 8/15/26 | BBB+ | 96,432 | |
59 | Exelon Corp | 3.497% | 6/01/22 | BBB- | 59,296 | |
80 | Exelon Corp | 3.950% | 6/15/25 | BBB | 84,539 | |
150 | Exelon Corp | 3.400% | 4/15/26 | BBB | 157,247 | |
266 | Georgia Power Co | 2.200% | 9/15/24 | BBB+ | 267,723 | |
50 | Interstate Power and Light Co | 3.250% | 12/01/24 | BBB+ | 51,740 | |
74 | ITC Holdings Corp | 2.700% | 11/15/22 | BBB | 74,884 | |
40 | National Rural Utilities Cooperative Finance Corp | 0.350% | 2/08/24 | A | 39,108 | |
100 | NextEra Energy Capital Holdings Inc | 0.650% | 3/01/23 | BBB+ | 99,560 | |
70 | NiSource Inc | 0.950% | 8/15/25 | BBB | 66,969 | |
20 | Oncor Electric Delivery Co LLC | 2.950% | 4/01/25 | A | 20,556 | |
100 | Oncor Electric Delivery Co LLC | 0.550% | 10/01/25 | A | 94,748 | |
60 | ONE Gas Inc | 3.610% | 2/01/24 | BBB+ | 61,787 | |
100 | Pacific Gas and Electric Co | 3.400% | 8/15/24 | BBB- | 102,290 | |
250 | Pacific Gas and Electric Co | 3.450% | 7/01/25 | BBB- | 255,074 | |
44 | PacifiCorp | 3.600% | 4/01/24 | A+ | 45,642 | |
150 | PacifiCorp | 3.350% | 7/01/25 | A+ | 156,550 | |
90 | Pinnacle West Capital Corp | 1.300% | 6/15/25 | BBB+ | 87,444 | |
100 | PPL Capital Funding Inc | 3.100% | 5/15/26 | BBB | 103,017 | |
100 | Public Service Co of Colorado | 2.900% | 5/15/25 | A+ | 102,645 | |
100 | Public Service Electric and Gas Co | 0.950% | 3/15/26 | A | 96,023 | |
150 | Public Service Enterprise Group Inc | 2.875% | 6/15/24 | BBB | 152,934 | |
100 | San Diego Gas & Electric Co | 2.500% | 5/15/26 | A | 101,893 | |
16 | Southern California Edison Co | 1.845% | 2/01/22 | A- | 15,500 | |
61 | Southern California Edison Co | 3.400% | 6/01/23 | A- | 62,550 | |
100 | Southern California Edison Co | 1.200% | 2/01/26 | A- | 96,140 | |
150 | Southern Co | 3.750% | 9/15/51 | BBB- | 146,381 | |
100 | Southwestern Electric Power Co | 1.650% | 3/15/26 | BBB+ | 97,576 | |
50 | Tucson Electric Power Co | 3.050% | 3/15/25 | A- | 51,419 | |
120 | Wisconsin Electric Power Co | 3.100% | 6/01/25 | A | 124,062 | |
5,916 | Total Utility | 5,970,772 | ||||
$ 16,887 | Total Corporate Debt (cost $17,272,234) | 17,024,108 |
Principal Amount (000) | Description (1) | Coupon | Maturity | Ratings (2) | Value | |
U.S. TREASURY – 27.9% | ||||||
$ 337 | United States Treasury Note/Bond | 2.375% | 1/31/23 | AAA | $342,200 | |
3,400 | United States Treasury Note/Bond | 0.125% | 1/31/23 | AAA | 3,376,625 | |
342 | United States Treasury Note/Bond | 2.500% | 3/31/23 | AAA | 348,386 | |
250 | United States Treasury Note/Bond | 0.750% | 12/31/23 | AAA | 248,047 | |
113 | United States Treasury Note/Bond | 2.500% | 1/31/24 | AAA | 115,940 | |
232 | United States Treasury Note/Bond | 1.750% | 6/30/24 | AAA | 234,619 | |
70 | United States Treasury Note/Bond | 1.250% | 8/31/24 | AAA | 69,902 | |
1,681 | United States Treasury Note/Bond | 1.375% | 1/31/25 | AAA | 1,680,081 | |
167 | United States Treasury Note/Bond | 0.375% | 4/30/25 | AAA | 161,429 | |
350 | United States Treasury Note/Bond | 0.250% | 5/31/25 | AAA | 336,396 | |
650 | United States Treasury Note/Bond | 0.250% | 7/31/25 | AAA | 623,060 | |
200 | United States Treasury Note/Bond | 0.375% | 12/31/25 | AAA | 191,273 | |
700 | United States Treasury Note/Bond | 0.750% | 4/30/26 | AAA | 676,457 | |
1,300 | United States Treasury Note/Bond | 0.750% | 5/31/26 | AAA | 1,254,906 | |
50 | United States Treasury Note/Bond | 0.875% | 6/30/26 | AAA | 48,492 | |
600 | United States Treasury Note/Bond | 1.125% | 10/31/26 | AAA | 586,617 | |
650 | United States Treasury Note/Bond | 1.250% | 12/31/26 | AAA | 638,930 | |
$ 11,092 | Total U.S. Treasury (cost $11,120,351) | 10,933,360 |
Principal Amount (000) | Description (1) | Coupon | Maturity | Ratings (2) | Value | |
SECURITIZED – 25.9% | ||||||
$ 202 | American Express Credit Account Master Trust | 2.200% | 4/15/25 | AA- | $203,651 | |
50 | AmeriCredit Automobile Receivables Trust 2021-2 | 1.010% | 1/19/27 | AA- | 48,793 | |
20 | BA Credit Card Trust | 0.440% | 9/15/26 | AAA | 19,576 | |
50 | BANK 2021-BNK34 | 1.935% | 6/15/63 | AAA | 49,538 | |
100 | Barclays Dryrock Issuance Trust | 0.630% | 7/15/27 | AAA | 97,789 | |
90 | BENCHMARK 2018-B1 Mortgage Trust | 3.571% | 1/15/51 | AAA | 91,313 | |
100 | BMARK 2021-B29 A5 | 2.024% | 9/15/54 | AAA | 99,661 | |
100 | BMW Vehicle Lease Trust | 1.100% | 3/25/25 | AAA | 99,656 | |
100 | Capital One Multi-Asset Execution Trust | 1.040% | 11/16/26 | AAA | 98,706 | |
100 | CarMax Auto Owner Trust | 1.470% | 12/15/26 | AAA | 99,876 | |
29 | Carmax Auto Owner Trust 2018-3 | 3.130% | 6/15/23 | AAA | 28,660 | |
81 | Carmax Auto Owner Trust 2020-1 | 1.890% | 12/16/24 | AAA | 82,001 | |
100 | CNH Equipment Trust 2019-C | 2.350% | 4/15/27 | Aaa | 101,509 | |
120 | COMM 2012-CCRE1 Mortgage Trust | 3.912% | 5/15/45 | Aaa | 120,428 | |
542 | COMM 2014-CCRE16 Mortgage Trust | 3.775% | 4/10/47 | AAA | 559,133 | |
166 | COMM 2014-LC17 Mortgage Trust | 3.648% | 10/10/47 | Aaa | 170,722 | |
100 | Discover Card Execution Note Trust | 0.580% | 9/15/26 | AAA | 97,786 | |
205 | Fannie Mae Pool BM3087 | 4.000% | 12/01/32 | N/R | 217,063 | |
66 | Fannie Mae Pool MA3392 | 3.500% | 6/01/33 | N/R | 68,816 |
Principal Amount (000) | Description (1) | Coupon | Maturity | Ratings (2) | Value | |
$ 52 | Fannie Mae Pool MA3490 | 4.000% | 10/01/33 | N/R | $54,358 | |
111 | Fannie Mae Pool MA3798 | 3.000% | 10/01/34 | N/R | 114,979 | |
30 | Fannie Mae Pool MA3828 | 3.000% | 11/01/34 | N/R | 30,890 | |
32 | Fannie Mae Pool MA3897 | 3.000% | 1/01/35 | N/R | 33,397 | |
383 | Fannie Mae Pool MA3985 | 3.000% | 4/01/35 | N/R | 397,561 | |
369 | Fannie Mae Pool MA4206 | 2.000% | 12/01/35 | N/R | 371,382 | |
297 | Fannie Mae Pool MA4262 | 2.500% | 2/01/36 | N/R | 304,073 | |
647 | Fannie Mae Pool MA4278 | 1.500% | 3/01/36 | N/R | 637,778 | |
662 | Fannie Mae Pool MA4443 | 2.500% | 10/01/36 | N/R | 679,039 | |
682 | Fannie Mae Pool MA4470 | 2.000% | 11/01/36 | N/R | 686,105 | |
355 | Fannie Mae Pool MA4536 | 2.000% | 2/01/37 | N/R | 357,018 | |
100 | Ford Credit Auto Owner Trust 2020-B | 1.190% | 1/15/26 | AAA | 99,540 | |
500 | Ford Credit Floorplan Master Owner Trust A | 2.440% | 9/15/26 | AAA | 510,780 | |
122 | Freddie Mac Gold Pool G18642 | 3.500% | 4/01/32 | N/R | 128,168 | |
700 | Freddie Mac Multifamily Structured Pass Through Certificates | 3.205% | 3/25/25 | N/R | 731,406 | |
100 | GM Financial Automobile Leasing Trust 2021-2 | 0.690% | 5/20/25 | AA | 98,555 | |
150 | GM Financial Consumer Automobile Receivables Trust 2020-1 | 2.180% | 5/16/25 | AA+ | 151,739 | |
300 | GS Mortgage Securities Trust 2019-GC38 | 3.872% | 2/10/52 | AAA | 309,195 | |
100 | Honda Auto Receivables 2020-3 Owner Trust | 0.370% | 10/18/24 | AAA | 99,451 | |
100 | HPEFS Equipment Trust, 144A | 1.020% | 5/21/29 | AAA | 99,852 | |
50 | John Deere Owner Trust | 0.740% | 5/15/28 | Aaa | 48,545 | |
200 | JP Morgan Chase Commercial Mortgage Securities Trust 2013-C16 | 4.166% | 12/15/46 | Aaa | 207,688 | |
100 | Mercedes-Benz Auto Lease Trust 2021-B | 0.400% | 11/15/24 | AAA | 98,816 | |
50 | MMAF Equipment Finance LLC 2019-A, 144A | 2.930% | 3/10/26 | Aaa | 50,983 | |
300 | Morgan Stanley Bank of America Merrill Lynch Trust 2015-C26 | 3.531% | 10/15/48 | Aaa | 314,579 | |
100 | Morgan Stanley Capital I Trust 2021-L5 | 1.518% | 5/15/54 | AAA | 97,280 | |
100 | Santander Drive Auto Receivables Trust 2021-2 | 0.900% | 6/15/26 | Aa3 | 99,044 | |
50 | Santander Retail Auto Lease Trust 2021-B, 144A | 0.540% | 6/20/25 | Aaa | 48,969 | |
50 | Santander Retail Auto Lease Trust 2021-B, 144A | 1.410% | 11/20/25 | Baa2 | 49,161 | |
94 | SoFi Professional Loan Program 2020-C Trust, 144A | 1.950% | 2/15/46 | AAA | 94,576 | |
100 | Toyota Auto Receivables 2019-A Owner Trust | 3.000% | 5/15/24 | AAA | 101,718 | |
100 | Toyota Auto Receivables 2021-B Owner Trust | 0.530% | 10/15/26 | AAA | 97,109 | |
90 | Verizon Master Trust | 0.500% | 5/20/27 | AAA | 88,133 | |
30 | Verizon Owner Trust 2019-A | 2.930% | 9/20/23 | AAA | 30,252 | |
121 | Wells Fargo Commercial Mortgage Trust 2016-C32 | 3.324% | 1/15/59 | Aaa | 124,265 | |
118 | WFRBS Commercial Mortgage Trust 2012-C7 | 4.090% | 6/15/45 | Baa1 | 118,218 | |
140 | WFRBS Commercial Mortgage Trust 2013-C12 | 3.863% | 3/15/48 | AA+ | 142,265 | |
100 | World Omni Auto Receivables Trust 2021-B | 0.420% | 6/15/26 | AAA | 98,680 | |
$ 10,006 | Total Securitized (cost $10,296,945) | 10,160,224 | ||||
Total Long-Term Investments (cost $38,689,530) | 38,117,692 | |||||
Other Assets Less Liabilities – 2.7% | 1,052,781 | |||||
Net Assets – 100% | $ 39,170,473 |
For Fund portfolio compliance purposes, the Fund’s industry classifications refer to any one or more of the industry sub-classifications used by one or more widely recognized market indexes or ratings group indexes, and/or as defined by Fund management. This definition may not apply for purposes of this report, which may combine industry sub-classifications into sectors for reporting ease. | ||
(1) | All percentages shown in the Portfolio of Investments are based on net assets. | |
(2) | The Fund uses credit quality ratings for its portfolio securities provided by Moody's, S&P and Fitch. If all three of Moody's, S&P, and Fitch provide a rating for a security, an average of the ratings is used; if two of the three agencies rate a security, an average of the two is used; and if only one rating agency rates a security, that rating is used. AAA, AA, A, and BBB are investment grade ratings; BB, B, CCC/CC/C and D are below-investment grade ratings. Credit ratings are subject to change. Holdings designated N/R are not rated by Moody's, S&P or Fitch. | |
(3) | Perpetual security. Maturity date is not applicable. | |
144A | Investment is exempt from registration under Rule 144A of the Securities Act of 1933, as amended. These investments may only be resold in transactions exempt from registration, which are normally those transactions with qualified institutional buyers. | |
N/A | Not Applicable. |
Principal Amount (000) | Description (1) | Coupon | Maturity | Ratings (2) | Value | |
LONG-TERM INVESTMENTS – 97.8% | ||||||
CORPORATE DEBT – 97.8% | ||||||
Financials – 10.1% | ||||||
$ 110 | Brookfield Property REIT Inc / BPR Cumulus LLC / BPR Nimbus LLC / GGSI Sellco LL, 144A | 5.750% | 5/15/26 | BB+ | $110,000 | |
260 | Centene Corp | 4.250% | 12/15/27 | BB+ | 266,328 | |
365 | Centene Corp | 2.450% | 7/15/28 | BB+ | 347,155 | |
1,150 | Centene Corp | 4.625% | 12/15/29 | BB+ | 1,195,793 | |
300 | Centene Corp | 3.375% | 2/15/30 | BB+ | 294,375 | |
300 | Centene Corp | 3.000% | 10/15/30 | BB+ | 291,150 | |
200 | Centene Corp | 2.500% | 3/01/31 | BB+ | 185,646 | |
140 | Compass Group Diversified Holdings LLC, 144A | 5.250% | 4/15/29 | B+ | 138,186 | |
60 | Curo Group Holdings Corp, 144A | 7.500% | 8/01/28 | B- | 56,591 | |
350 | Deutsche Bank AG/New York NY | 5.882% | 7/08/31 | BB+ | 391,274 | |
410 | Global Atlantic Fin Co, 144A | 4.700% | 10/15/51 | BB+ | 408,702 | |
150 | HAT Holdings I LLC / HAT Holdings II LLC, 144A | 3.375% | 6/15/26 | BB+ | 144,375 | |
160 | Howard Hughes Corp, 144A | 5.375% | 8/01/28 | BB- | 162,986 | |
140 | Howard Hughes Corp, 144A | 4.375% | 2/01/31 | BB- | 133,175 | |
50 | Icahn Enterprises LP / Icahn Enterprises Finance Corp | 4.750% | 9/15/24 | BB | 50,719 | |
200 | iStar Inc | 4.250% | 8/01/25 | BB | 198,637 | |
560 | Jefferies Finance LLC / JFIN Co-Issuer Corp, 144A | 5.000% | 8/15/28 | BB- | 553,515 | |
300 | Kennedy-Wilson Inc | 5.000% | 3/01/31 | BB | 295,965 | |
200 | Liberty Mutual Group Inc, 144A | 4.125% | 12/15/51 | BBB- | 197,000 | |
140 | LPL Holdings Inc, 144A | 4.000% | 3/15/29 | BB | 135,876 | |
150 | MGIC Investment Corp | 5.250% | 8/15/28 | BB+ | 155,070 | |
300 | Molina Healthcare Inc, 144A | 4.375% | 6/15/28 | BB- | 300,798 | |
850 | Molina Healthcare Inc, 144A | 3.875% | 11/15/30 | BB- | 838,313 | |
60 | Molina Healthcare Inc, 144A | 3.875% | 5/15/32 | BB- | 57,900 | |
110 | MPT Operating Partnership LP / MPT Finance Corp | 4.625% | 8/01/29 | BBB- | 113,112 | |
610 | Nationstar Mortgage Holdings Inc, 144A | 5.125% | 12/15/30 | B+ | 572,137 | |
300 | Nationstar Mortgage Holdings Inc, 144A | 5.750% | 11/15/31 | B+ | 290,097 | |
100 | OneMain Finance Corp | 6.875% | 3/15/25 | BB | 108,500 | |
150 | Park Intermediate Holdings LLC / PK Domestic Property LLC / PK Finance Co-Issuer, 144A | 5.875% | 10/01/28 | B+ | 153,512 | |
400 | PennyMac Financial Services Inc, 144A | 5.375% | 10/15/25 | BB- | 397,000 | |
475 | PennyMac Financial Services Inc, 144A | 5.750% | 9/15/31 | BB- | 454,138 | |
300 | PROG Holdings Inc, 144A | 6.000% | 11/15/29 | BB- | 294,021 | |
100 | Radian Group Inc | 6.625% | 3/15/25 | BB+ | 107,800 |
Principal Amount (000) | Description (1) | Coupon | Maturity | Ratings (2) | Value | |
Financials (continued) | ||||||
$ 100 | SLM Corp | 4.200% | 10/29/25 | BB+ | $102,750 | |
260 | UniCredit SpA, 144A | 5.459% | 6/30/35 | BB+ | 271,310 | |
100 | XHR LP, 144A | 6.375% | 8/15/25 | B+ | 103,375 | |
100 | XHR LP, 144A | 4.875% | 6/01/29 | B+ | 98,050 | |
10,010 | Total Financials | 9,975,331 | ||||
Industrial – 86.2% | ||||||
92 | 1011778 BC ULC / New Red Finance Inc, 144A | 3.875% | 1/15/28 | BB+ | 89,686 | |
200 | 180 Medical Inc, 144A | 3.875% | 10/15/29 | BB+ | 194,500 | |
100 | ACCO Brands Corp, 144A | 4.250% | 3/15/29 | BB- | 95,479 | |
260 | AdaptHealth LLC, 144A | 4.625% | 8/01/29 | B+ | 247,000 | |
200 | AdaptHealth LLC, 144A | 5.125% | 3/01/30 | B+ | 195,762 | |
110 | Adtalem Global Education Inc, 144A | 5.500% | 3/01/28 | BB- | 108,140 | |
210 | AECOM | 5.125% | 3/15/27 | BB- | 218,663 | |
200 | Air Canada, 144A | 3.875% | 8/15/26 | BB | 195,078 | |
100 | American Airlines Group Inc, 144A, (3) | 3.750% | 3/01/25 | CCC | 92,533 | |
350 | American Axle & Manufacturing Inc, (3) | 5.000% | 10/01/29 | B+ | 323,694 | |
250 | Amkor Technology Inc, 144A | 6.625% | 9/15/27 | BB | 262,812 | |
100 | AMN Healthcare Inc, 144A | 4.625% | 10/01/27 | BB- | 100,976 | |
600 | Antero Midstream Partners LP / Antero Midstream Finance Corp, 144A | 7.875% | 5/15/26 | BB | 645,000 | |
500 | Antero Midstream Partners LP / Antero Midstream Finance Corp, 144A | 5.750% | 1/15/28 | BB | 509,900 | |
100 | Antero Midstream Partners LP / Antero Midstream Finance Corp, 144A | 5.375% | 6/15/29 | BB | 100,659 | |
200 | APX Group Inc, 144A | 5.750% | 7/15/29 | CCC+ | 188,118 | |
100 | Aramark Services Inc, 144A | 5.000% | 2/01/28 | B+ | 99,250 | |
210 | Archrock Partners LP / Archrock Partners Finance Corp, 144A | 6.875% | 4/01/27 | B+ | 215,387 | |
440 | Archrock Partners LP / Archrock Partners Finance Corp, 144A | 6.250% | 4/01/28 | B+ | 441,742 | |
80 | Ardagh Metal Packaging Finance USA LLC / Ardagh Metal Packaging Finance PLC, 144A | 4.000% | 9/01/29 | B+ | 76,200 | |
150 | Ardagh Packaging Finance PLC / Ardagh Holdings USA Inc, 144A | 5.250% | 8/15/27 | B- | 147,000 | |
400 | Asbury Automotive Group Inc, 144A | 4.625% | 11/15/29 | BB | 393,608 | |
300 | Asbury Automotive Group Inc, 144A | 5.000% | 2/15/32 | BB | 297,651 | |
120 | ASGN Inc, 144A | 4.625% | 5/15/28 | BB- | 119,880 | |
310 | Aston Martin Capital Holdings Ltd, 144A | 10.500% | 11/30/25 | CCC+ | 331,421 | |
190 | Avantor Funding Inc, 144A | 4.625% | 7/15/28 | BB- | 189,525 | |
100 | Avantor Funding Inc, 144A | 3.875% | 11/01/29 | BB- | 96,000 | |
950 | Avaya Inc, 144A | 6.125% | 9/15/28 | B+ | 971,375 | |
110 | Avient Corp, 144A | 5.750% | 5/15/25 | BB- | 113,403 | |
100 | Avis Budget Car Rental LLC / Avis Budget Finance Inc, 144A | 4.750% | 4/01/28 | BB- | 97,750 | |
330 | Avis Budget Car Rental LLC / Avis Budget Finance Inc, 144A, (3) | 5.375% | 3/01/29 | BB- | 330,686 | |
310 | Axalta Coating Systems LLC, 144A | 3.375% | 2/15/29 | BB- | 285,587 | |
160 | Axalta Coating Systems LLC / Axalta Coating Systems Dutch Holding B BV, 144A | 4.750% | 6/15/27 | BB- | 164,380 | |
60 | Ball Corp | 4.875% | 3/15/26 | BB+ | 63,750 |
Principal Amount (000) | Description (1) | Coupon | Maturity | Ratings (2) | Value | |
Industrial (continued) | ||||||
$ 110 | Ball Corp | 2.875% | 8/15/30 | BB+ | $102,025 | |
200 | Ball Corp | 3.125% | 9/15/31 | BB+ | 186,750 | |
200 | Bath & Body Works Inc, 144A | 6.625% | 10/01/30 | BB | 214,638 | |
400 | Bausch Health Cos Inc, 144A | 5.750% | 8/15/27 | BB | 401,420 | |
550 | Bausch Health Cos Inc, 144A | 7.000% | 1/15/28 | B | 492,937 | |
100 | Bausch Health Cos Inc, 144A | 4.875% | 6/01/28 | BB | 94,784 | |
100 | Bausch Health Cos Inc, 144A | 5.000% | 2/15/29 | B | 80,500 | |
100 | Bausch Health Cos Inc, 144A | 5.250% | 1/30/30 | B | 80,388 | |
100 | Bausch Health Cos Inc, 144A | 5.250% | 2/15/31 | B | 79,601 | |
350 | Black Knight InfoServ LLC, 144A | 3.625% | 9/01/28 | BB- | 335,713 | |
150 | Block Inc, 144A | 2.750% | 6/01/26 | BB | 145,406 | |
60 | Bombardier Inc, 144A | 7.875% | 4/15/27 | CCC+ | 60,809 | |
110 | Booz Allen Hamilton Inc, 144A | 3.875% | 9/01/28 | BBB- | 107,957 | |
200 | Brookfield Residential Properties Inc / Brookfield Residential US LLC, 144A | 6.250% | 9/15/27 | B+ | 206,250 | |
200 | Brookfield Residential Properties Inc / Brookfield Residential US LLC, 144A | 4.875% | 2/15/30 | B+ | 194,304 | |
132 | Builders FirstSource Inc, 144A | 6.750% | 6/01/27 | BBB- | 137,445 | |
60 | Builders FirstSource Inc, 144A | 5.000% | 3/01/30 | BB | 61,598 | |
150 | Builders FirstSource Inc, 144A | 4.250% | 2/01/32 | BB | 146,850 | |
250 | Cable One Inc, 144A | 4.000% | 11/15/30 | BB- | 235,425 | |
100 | Camelot Finance SA, 144A | 4.500% | 11/01/26 | B+ | 101,510 | |
500 | Catalent Pharma Solutions Inc, 144A | 5.000% | 7/15/27 | BB- | 509,375 | |
600 | Catalent Pharma Solutions Inc, 144A | 3.125% | 2/15/29 | BB- | 561,000 | |
500 | Catalent Pharma Solutions Inc, 144A | 3.500% | 4/01/30 | BB- | 467,605 | |
250 | CDK Global Inc | 4.875% | 6/01/27 | BB+ | 257,488 | |
300 | CDK Global Inc, 144A | 5.250% | 5/15/29 | BB+ | 312,153 | |
690 | Cedar Fair LP / Canada's Wonderland Co / Magnum Management Corp / Millennium Op | 5.375% | 4/15/27 | B- | 698,625 | |
200 | CGG SA, 144A | 8.750% | 4/01/27 | B- | 200,000 | |
110 | Charles River Laboratories International Inc, 144A | 3.750% | 3/15/29 | BB | 106,117 | |
340 | Chemours Co | 5.375% | 5/15/27 | BB- | 349,500 | |
410 | Chemours Co, 144A | 5.750% | 11/15/28 | BB- | 416,306 | |
120 | Chemours Co, 144A | 4.625% | 11/15/29 | BB- | 114,300 | |
290 | Cheniere Energy Inc | 4.625% | 10/15/28 | BB | 294,350 | |
350 | Cheniere Energy Partners LP | 4.500% | 10/01/29 | BB | 357,777 | |
150 | Cheniere Energy Partners LP | 4.000% | 3/01/31 | BB | 149,242 | |
45 | Cheniere Energy Partners LP, 144A | 3.250% | 1/31/32 | BB | 42,326 | |
300 | CHS/Community Health Systems Inc, 144A | 5.625% | 3/15/27 | B | 301,623 | |
200 | CHS/Community Health Systems Inc, 144A | 6.000% | 1/15/29 | B | 203,678 | |
200 | CHS/Community Health Systems Inc, 144A | 6.875% | 4/15/29 | CCC | 197,750 | |
150 | CHS/Community Health Systems Inc, 144A | 4.750% | 2/15/31 | B | 143,438 | |
350 | Cinemark USA Inc, 144A, (3) | 5.250% | 7/15/28 | B | 331,625 |
Principal Amount (000) | Description (1) | Coupon | Maturity | Ratings (2) | Value | |
Industrial (continued) | ||||||
$ 100 | Clarivate Science Holdings Corp, 144A | 4.875% | 7/01/29 | CCC+ | $95,250 | |
170 | Clean Harbors Inc, 144A | 4.875% | 7/15/27 | BB | 174,250 | |
400 | Clear Channel Outdoor Holdings Inc, 144A | 7.500% | 6/01/29 | CCC | 414,500 | |
210 | Clear Channel Worldwide Holdings Inc, 144A | 5.125% | 8/15/27 | B+ | 210,000 | |
200 | Cogent Communications Group Inc, 144A | 3.500% | 5/01/26 | BB | 196,000 | |
262 | CommScope Inc, 144A | 6.000% | 3/01/26 | BB- | 265,338 | |
490 | CommScope Inc, 144A | 8.250% | 3/01/27 | B- | 479,406 | |
100 | CommScope Inc, 144A | 7.125% | 7/01/28 | B- | 93,250 | |
300 | CommScope Inc, 144A | 4.750% | 9/01/29 | BB- | 287,379 | |
260 | CommScope Technologies LLC, 144A | 5.000% | 3/15/27 | B- | 231,538 | |
250 | Consensus Cloud Solutions Inc, 144A | 6.500% | 10/15/28 | B+ | 256,404 | |
100 | Consolidated Communications Inc, 144A | 6.500% | 10/01/28 | B+ | 102,970 | |
460 | Cornerstone Building Brands Inc, 144A | 6.125% | 1/15/29 | B- | 475,065 | |
300 | Covanta Holding Corp, 144A | 4.875% | 12/01/29 | B+ | 298,020 | |
100 | Crestwood Midstream Partners LP / Crestwood Midstream Finance Corp, 144A | 5.625% | 5/01/27 | BB- | 100,250 | |
110 | Crestwood Midstream Partners LP / Crestwood Midstream Finance Corp, 144A | 6.000% | 2/01/29 | BB- | 110,825 | |
130 | Darling Ingredients Inc, 144A | 5.250% | 4/15/27 | BB+ | 132,600 | |
860 | DaVita Inc, 144A | 4.625% | 6/01/30 | BB- | 836,685 | |
580 | DaVita Inc, 144A | 3.750% | 2/15/31 | BB- | 532,846 | |
80 | DCP Midstream Operating LP | 5.375% | 7/15/25 | BB+ | 84,220 | |
186 | Delta Air Lines Inc | 7.375% | 1/15/26 | BB+ | 211,803 | |
280 | Delta Air Lines Inc | 4.375% | 4/19/28 | BB+ | 285,440 | |
280 | Deluxe Corp, 144A | 8.000% | 6/01/29 | B- | 289,405 | |
200 | Diamond Sports Group LLC / Diamond Sports Finance Co, 144A | 6.625% | 8/15/27 | CC | 52,375 | |
300 | Diebold Nixdorf Inc, 144A | 9.375% | 7/15/25 | B | 315,114 | |
550 | DT Midstream Inc, 144A | 4.125% | 6/15/29 | BB+ | 542,569 | |
400 | DT Midstream Inc, 144A | 4.375% | 6/15/31 | BB+ | 395,000 | |
200 | Dycom Industries Inc, 144A | 4.500% | 4/15/29 | BB | 195,866 | |
210 | Edgewell Personal Care Co, 144A | 5.500% | 6/01/28 | BB | 217,875 | |
710 | Elanco Animal Health Inc | 5.272% | 8/28/23 | BB- | 737,644 | |
800 | Elastic NV, 144A | 4.125% | 7/15/29 | B+ | 748,000 | |
150 | Encompass Health Corp | 4.500% | 2/01/28 | B+ | 149,625 | |
500 | Encompass Health Corp | 4.750% | 2/01/30 | B+ | 493,750 | |
90 | Energizer Holdings Inc, 144A | 4.750% | 6/15/28 | B | 87,750 | |
200 | EnLink Midstream LLC, 144A | 5.625% | 1/15/28 | BB+ | 205,340 | |
450 | EQM Midstream Partners LP, 144A | 6.500% | 7/01/27 | BB- | 470,250 | |
210 | Flex Acquisition Co Inc, 144A | 7.875% | 7/15/26 | CCC+ | 216,563 | |
25 | Gap Inc, 144A | 3.625% | 10/01/29 | BB | 23,255 | |
5 | Gartner Inc, 144A | 4.500% | 7/01/28 | BB+ | 5,096 | |
4 | Gartner Inc, 144A | 3.625% | 6/15/29 | BB+ | 3,880 | |
140 | Gates Global LLC / Gates Corp, 144A | 6.250% | 1/15/26 | B | 144,620 |
Principal Amount (000) | Description (1) | Coupon | Maturity | Ratings (2) | Value | |
Industrial (continued) | ||||||
$ 200 | Go Daddy Operating Co LLC / GD Finance Co Inc, 144A | 5.250% | 12/01/27 | BB- | $205,000 | |
800 | Gray Television Inc, 144A | 4.750% | 10/15/30 | B | 766,940 | |
400 | Greif Inc, 144A | 6.500% | 3/01/27 | BB | 414,040 | |
630 | GrubHub Holdings Inc, 144A | 5.500% | 7/01/27 | BB- | 612,297 | |
110 | H&E Equipment Services Inc, 144A | 3.875% | 12/15/28 | BB- | 104,440 | |
100 | Hawaiian Brand Intellectual Property Ltd / HawaiianMiles Loyalty Ltd, 144A | 5.750% | 1/20/26 | Ba3 | 102,268 | |
91 | HCA Inc | 3.500% | 9/01/30 | BB+ | 90,580 | |
260 | Herbalife Nutrition Ltd / HLF Financing Inc, 144A | 7.875% | 9/01/25 | BB- | 273,021 | |
500 | Herc Holdings Inc, 144A | 5.500% | 7/15/27 | BB- | 514,485 | |
100 | Hertz Corp, 144A | 4.625% | 12/01/26 | B | 97,020 | |
100 | Hertz Corp, 144A | 5.000% | 12/01/29 | B | 96,290 | |
60 | Hilton Domestic Operating Co Inc | 4.875% | 1/15/30 | BB | 61,924 | |
850 | Hilton Grand Vacations Borrower Escrow LLC / Hilton Grand Vacations Borrower Esc, 144A | 5.000% | 6/01/29 | B | 845,750 | |
500 | Hilton Grand Vacations Borrower Escrow LLC / Hilton Grand Vacations Borrower Esc, 144A | 4.875% | 7/01/31 | B | 483,910 | |
400 | HLF Financing Sarl LLC / Herbalife International Inc, 144A | 4.875% | 6/01/29 | BB- | 379,000 | |
170 | Hologic Inc, 144A | 3.250% | 2/15/29 | BB+ | 161,075 | |
100 | Horizon Therapeutics USA Inc, 144A | 5.500% | 8/01/27 | BB- | 103,625 | |
7 | Howmet Aerospace Inc | 6.875% | 5/01/25 | BB+ | 7,744 | |
260 | IAA Inc, 144A | 5.500% | 6/15/27 | B | 266,828 | |
300 | iHeartCommunications Inc | 8.375% | 5/01/27 | CCC+ | 313,759 | |
670 | IHS Markit Ltd | 4.750% | 8/01/28 | Baa2 | 757,937 | |
100 | Ingevity Corp, 144A | 3.875% | 11/01/28 | Ba2 | 94,670 | |
200 | IQVIA Inc, 144A | 5.000% | 5/15/27 | BB | 204,540 | |
120 | Iron Mountain Inc, 144A | 5.250% | 3/15/28 | BB- | 121,747 | |
100 | Iron Mountain Inc, 144A | 5.000% | 7/15/28 | BB- | 99,850 | |
390 | Iron Mountain Inc, 144A | 4.875% | 9/15/29 | BB- | 384,988 | |
100 | Iron Mountain Inc, 144A | 5.250% | 7/15/30 | BB- | 99,295 | |
100 | Iron Mountain Information Management Services Inc, 144A | 5.000% | 7/15/32 | BB- | 97,750 | |
1,300 | ITT Holdings LLC, 144A | 6.500% | 8/01/29 | B | 1,247,259 | |
200 | Jazz Securities DAC, 144A | 4.375% | 1/15/29 | BB | 197,470 | |
190 | KAR Auction Services Inc, 144A | 5.125% | 6/01/25 | B- | 190,000 | |
200 | Kraft Heinz Foods Co | 3.875% | 5/15/27 | BB+ | 207,570 | |
100 | Kraft Heinz Foods Co | 3.750% | 4/01/30 | BB+ | 103,357 | |
300 | Lamb Weston Holdings Inc, 144A | 4.875% | 5/15/28 | BB+ | 312,000 | |
250 | Level 3 Financing Inc, 144A | 4.250% | 7/01/28 | BB | 238,513 | |
200 | Lions Gate Capital Holdings LLC, 144A | 5.500% | 4/15/29 | B- | 198,774 | |
150 | Lithia Motors Inc, 144A | 3.875% | 6/01/29 | BB+ | 147,375 | |
300 | Lumen Technologies Inc, 144A | 4.000% | 2/15/27 | BB+ | 287,814 | |
270 | Marriott Ownership Resorts Inc, 144A | 4.500% | 6/15/29 | B+ | 264,881 |
Principal Amount (000) | Description (1) | Coupon | Maturity | Ratings (2) | Value | |
Industrial (continued) | ||||||
$ 70 | Masonite International Corp, 144A | 5.375% | 2/01/28 | BB+ | $71,899 | |
110 | MasTec Inc, 144A | 4.500% | 8/15/28 | BBB- | 111,388 | |
100 | Mattel Inc, 144A | 3.375% | 4/01/26 | BB | 99,575 | |
150 | Mattel Inc, 144A | 3.750% | 4/01/29 | BB | 148,125 | |
100 | McGraw-Hill Education Inc, 144A | 5.750% | 8/01/28 | B | 95,000 | |
100 | McGraw-Hill Education Inc, 144A | 8.000% | 8/01/29 | CCC | 93,500 | |
1,000 | MEDNAX Inc, 144A | 6.250% | 1/15/27 | B+ | 1,044,830 | |
120 | Mercer International Inc | 5.125% | 2/01/29 | BB- | 118,350 | |
150 | Methanex Corp | 5.250% | 12/15/29 | BB | 151,765 | |
490 | MGM Growth Properties Operating Partnership LP / MGP Finance Co-Issuer Inc | 5.625% | 5/01/24 | BB- | 518,175 | |
440 | MGM Growth Properties Operating Partnership LP / MGP Finance Co-Issuer Inc | 5.750% | 2/01/27 | BB- | 486,200 | |
130 | Michaels Cos Inc, 144A | 5.250% | 5/01/28 | BB- | 125,181 | |
100 | ModivCare Inc, 144A | 5.875% | 11/15/25 | B+ | 103,750 | |
100 | MPH Acquisition Holdings LLC, 144A | 5.500% | 9/01/28 | BB- | 96,025 | |
50 | Murphy Oil USA Inc | 4.750% | 9/15/29 | BB+ | 50,750 | |
50 | Murphy Oil USA Inc, 144A | 3.750% | 2/15/31 | BB+ | 47,116 | |
50 | NCL Corp Ltd, 144A | 3.625% | 12/15/24 | B- | 46,109 | |
3 | NCR Corp, 144A | 5.750% | 9/01/27 | B+ | 3,047 | |
101 | NCR Corp, 144A | 5.000% | 10/01/28 | B+ | 100,350 | |
3 | NCR Corp, 144A | 6.125% | 9/01/29 | B+ | 3,153 | |
110 | Netflix Inc | 4.875% | 4/15/28 | BBB | 121,011 | |
130 | Netflix Inc | 5.875% | 11/15/28 | BBB | 150,638 | |
100 | Newell Brands Inc | 4.875% | 6/01/25 | BB+ | 104,987 | |
100 | Nexstar Media Inc, 144A | 4.750% | 11/01/28 | B+ | 98,822 | |
1,900 | Nielsen Finance LLC / Nielsen Finance Co, 144A | 5.625% | 10/01/28 | BB | 1,896,960 | |
100 | Nielsen Finance LLC / Nielsen Finance Co, 144A | 5.875% | 10/01/30 | BB | 100,183 | |
300 | Nielsen Finance LLC / Nielsen Finance Co, 144A | 4.750% | 7/15/31 | BB | 279,015 | |
160 | Nokia Oyj | 4.375% | 6/12/27 | BB+ | 165,600 | |
220 | NortonLifeLock Inc, 144A | 5.000% | 4/15/25 | BB- | 220,631 | |
160 | ON Semiconductor Corp, 144A | 3.875% | 9/01/28 | BB | 158,996 | |
200 | Open Text Corp, 144A | 3.875% | 2/15/28 | BB | 195,996 | |
250 | Option Care Health Inc, 144A | 4.375% | 10/31/29 | B- | 243,580 | |
600 | ORGANON & CO/ORG, 144A | 4.125% | 4/30/28 | BB | 590,412 | |
610 | ORGANON & CO/ORG, 144A | 5.125% | 4/30/31 | BB- | 610,000 | |
200 | Outfront Media Capital LLC / Outfront Media Capital Corp, 144A | 5.000% | 8/15/27 | B+ | 198,438 | |
500 | Outfront Media Capital LLC / Outfront Media Capital Corp, 144A | 4.250% | 1/15/29 | B+ | 470,577 | |
100 | Outfront Media Capital LLC / Outfront Media Capital Corp, 144A | 4.625% | 3/15/30 | B+ | 95,750 | |
210 | Owens & Minor Inc, 144A | 4.500% | 3/31/29 | B+ | 204,000 | |
120 | Parkland Corp, 144A | 5.875% | 7/15/27 | BB | 123,728 | |
170 | PBF Holding Co LLC / PBF Finance Corp | 7.250% | 6/15/25 | B- | 134,887 | |
791 | Performance Food Group Inc, 144A | 5.500% | 10/15/27 | B+ | 809,240 |
Principal Amount (000) | Description (1) | Coupon | Maturity | Ratings (2) | Value | |
Industrial (continued) | ||||||
$ 1,185 | Performance Food Group Inc, 144A | 4.250% | 8/01/29 | B+ | $1,111,897 | |
200 | Plantronics Inc, 144A | 4.750% | 3/01/29 | B | 181,500 | |
100 | Post Holdings Inc, 144A | 5.625% | 1/15/28 | B+ | 102,682 | |
250 | PRA Health Sciences Inc, 144A | 2.875% | 7/15/26 | BB+ | 244,595 | |
120 | Prestige Brands Inc, 144A | 3.750% | 4/01/31 | BB- | 108,900 | |
200 | Prime Security Services Borrower LLC / Prime Finance Inc, 144A | 5.750% | 4/15/26 | BB- | 207,280 | |
1,300 | Prime Security Services Borrower LLC / Prime Finance Inc, 144A | 6.250% | 1/15/28 | B- | 1,294,884 | |
100 | PTC Inc, 144A | 3.625% | 2/15/25 | BB | 100,375 | |
100 | PTC Inc, 144A | 4.000% | 2/15/28 | BB | 99,113 | |
350 | Rackspace Technology Global Inc, 144A | 3.500% | 2/15/28 | B+ | 326,623 | |
301 | Rakuten Group Inc, 144A | 5.125% | N/A (4) | B+ | 297,990 | |
5 | Rakuten Group Inc, 144A, (3) | 6.250% | N/A (4) | B+ | 5,163 | |
800 | Realogy Group LLC / Realogy Co-Issuer Corp, 144A | 5.750% | 1/15/29 | B+ | 785,840 | |
600 | Renewable Energy Group Inc, 144A | 5.875% | 6/01/28 | BB | 602,250 | |
30 | Rite Aid Corp, 144A | 8.000% | 11/15/26 | B- | 29,438 | |
50 | Royal Caribbean Cruises Ltd, 144A | 4.250% | 7/01/26 | B | 46,689 | |
50 | Sabre GLBL Inc, 144A | 9.250% | 4/15/25 | BB- | 56,153 | |
800 | SBA Communications Corp | 3.875% | 2/15/27 | BB- | 808,000 | |
150 | Scripps Escrow II Inc, 144A | 3.875% | 1/15/29 | BB | 143,154 | |
570 | Scripps Escrow II Inc, 144A | 5.375% | 1/15/31 | B | 563,804 | |
250 | Seagate HDD Cayman | 4.091% | 6/01/29 | BB+ | 244,988 | |
150 | SeaWorld Parks & Entertainment Inc, 144A | 5.250% | 8/15/29 | B- | 146,147 | |
1,440 | Select Medical Corp, 144A | 6.250% | 8/15/26 | B- | 1,480,061 | |
100 | Sensata Technologies BV, 144A | 4.000% | 4/15/29 | BB+ | 98,818 | |
100 | Sensata Technologies Inc, 144A | 3.750% | 2/15/31 | BB+ | 93,968 | |
170 | Service Corp International/US | 5.125% | 6/01/29 | BB | 178,075 | |
150 | Service Corp International/US | 4.000% | 5/15/31 | BB | 145,256 | |
35 | Sirius XM Radio Inc, 144A | 3.125% | 9/01/26 | BB | 33,558 | |
310 | Sirius XM Radio Inc, 144A | 5.000% | 8/01/27 | BB | 316,541 | |
290 | Sirius XM Radio Inc, 144A | 5.500% | 7/01/29 | BB | 300,958 | |
300 | Sirius XM Radio Inc, 144A | 4.125% | 7/01/30 | BB | 285,819 | |
190 | Sirius XM Radio Inc, 144A | 3.875% | 9/01/31 | BB | 175,750 | |
356 | Six Flags Entertainment Corp, 144A | 5.500% | 4/15/27 | B- | 358,670 | |
380 | Sotheby's, 144A | 7.375% | 10/15/27 | B+ | 394,793 | |
100 | Spectrum Brands Inc, 144A | 3.875% | 3/15/31 | B | 94,000 | |
250 | Spirit AeroSystems Inc, 144A | 7.500% | 4/15/25 | B | 259,298 | |
50 | Suburban Propane Partners LP/Suburban Energy Finance Corp, 144A | 5.000% | 6/01/31 | BB- | 49,250 | |
100 | Summit Materials LLC / Summit Materials Finance Corp, 144A | 5.250% | 1/15/29 | BB | 102,062 | |
380 | Sunoco LP / Sunoco Finance Corp | 6.000% | 4/15/27 | BB- | 392,122 | |
200 | Sunoco LP / Sunoco Finance Corp | 4.500% | 5/15/29 | BB- | 195,794 | |
120 | Superior Plus LP / Superior General Partner Inc, 144A | 4.500% | 3/15/29 | BB- | 120,180 |
Principal Amount (000) | Description (1) | Coupon | Maturity | Ratings (2) | Value | |
Industrial (continued) | ||||||
$ 150 | Surgery Center Holdings Inc, 144A | 10.000% | 4/15/27 | CCC | $157,688 | |
100 | Tallgrass Energy Partners LP / Tallgrass Energy Finance Corp, 144A | 6.000% | 9/01/31 | BB- | 95,270 | |
100 | Targa Resources Partners LP / Targa Resources Partners Finance Corp | 5.875% | 4/15/26 | BB+ | 103,065 | |
100 | Targa Resources Partners LP / Targa Resources Partners Finance Corp | 6.500% | 7/15/27 | BB+ | 106,130 | |
1,070 | Targa Resources Partners LP / Targa Resources Partners Finance Corp | 5.000% | 1/15/28 | BB+ | 1,096,750 | |
520 | Targa Resources Partners LP / Targa Resources Partners Finance Corp | 6.875% | 1/15/29 | BB+ | 568,750 | |
650 | Targa Resources Partners LP / Targa Resources Partners Finance Corp | 5.500% | 3/01/30 | BB+ | 688,187 | |
400 | Targa Resources Partners LP / Targa Resources Partners Finance Corp | 4.875% | 2/01/31 | BB+ | 418,000 | |
100 | Targa Resources Partners LP / Targa Resources Partners Finance Corp, 144A | 4.000% | 1/15/32 | BB+ | 99,540 | |
190 | TEGNA Inc | 5.000% | 9/15/29 | BB | 186,990 | |
150 | Teleflex Inc | 4.625% | 11/15/27 | BB | 153,000 | |
150 | Teleflex Inc, 144A | 4.250% | 6/01/28 | BB | 148,835 | |
700 | Tempur Sealy International Inc, 144A | 4.000% | 4/15/29 | BB+ | 671,076 | |
551 | Tenet Healthcare Corp, 144A | 5.125% | 11/01/27 | B+ | 552,218 | |
230 | Tenet Healthcare Corp, 144A | 4.625% | 6/15/28 | B+ | 227,824 | |
250 | Terex Corp, 144A | 5.000% | 5/15/29 | BB- | 247,975 | |
650 | Thor Industries Inc, 144A | 4.000% | 10/15/29 | BB- | 619,125 | |
250 | TopBuild Corp, 144A | 4.125% | 2/15/32 | BB+ | 242,210 | |
260 | TransDigm Inc | 4.875% | 5/01/29 | B- | 249,627 | |
100 | Travel + Leisure Co, 144A | 6.625% | 7/31/26 | BB- | 106,750 | |
100 | Travel + Leisure Co, 144A | 4.500% | 12/01/29 | BB- | 96,531 | |
110 | TreeHouse Foods Inc | 4.000% | 9/01/28 | B- | 102,850 | |
148 | Triumph Group Inc, 144A | 8.875% | 6/01/24 | B+ | 157,990 | |
200 | Triumph Group Inc, 144A | 6.250% | 9/15/24 | CCC+ | 199,300 | |
1,170 | Trivium Packaging Finance BV, 144A | 5.500% | 8/15/26 | B | 1,179,500 | |
600 | Tronox Inc, 144A | 4.625% | 3/15/29 | B | 576,880 | |
100 | TTM Technologies Inc, 144A | 4.000% | 3/01/29 | BB- | 95,563 | |
130 | Twilio Inc | 3.875% | 3/15/31 | BB | 124,475 | |
750 | Uber Technologies Inc, 144A | 7.500% | 5/15/25 | B- | 783,956 | |
650 | Uber Technologies Inc, 144A | 7.500% | 9/15/27 | B- | 692,120 | |
550 | Uber Technologies Inc, 144A | 6.250% | 1/15/28 | B- | 570,625 | |
350 | Uber Technologies Inc, 144A | 4.500% | 8/15/29 | B- | 339,500 | |
150 | United Natural Foods Inc, 144A | 6.750% | 10/15/28 | B | 159,188 | |
4 | United Rentals North America Inc | 4.875% | 1/15/28 | BB | 4,120 | |
3 | United Rentals North America Inc | 5.250% | 1/15/30 | BB | 3,150 | |
99 | United Rentals North America Inc | 4.000% | 7/15/30 | BB | 97,515 | |
420 | Uniti Group LP / Uniti Fiber Holdings Inc / CSL Capital LLC, 144A | 7.875% | 2/15/25 | B | 437,430 | |
600 | Uniti Group LP / Uniti Group Finance Inc / CSL Capital LLC, 144A | 4.750% | 4/15/28 | B | 581,682 | |
250 | Univar Solutions USA Inc/Washington, 144A | 5.125% | 12/01/27 | BB | 254,375 | |
100 | Univision Communications Inc, 144A | 6.625% | 6/01/27 | B | 105,487 | |
100 | UPC Holding BV, 144A | 5.500% | 1/15/28 | B | 101,572 |
Principal Amount (000) | Description (1) | Coupon | Maturity | Ratings (2) | Value | |
Industrial (continued) | ||||||
$ 360 | US Foods Inc, 144A | 6.250% | 4/15/25 | BB | $372,118 | |
260 | US Foods Inc, 144A | 4.750% | 2/15/29 | B+ | 255,177 | |
250 | Vail Resorts Inc, 144A | 6.250% | 5/15/25 | BB | 258,750 | |
210 | Valvoline Inc, 144A | 4.250% | 2/15/30 | BB- | 202,845 | |
100 | VEON Holdings BV, Reg S | 7.250% | 4/26/23 | BB+ | 102,750 | |
200 | VEON Holdings BV, 144A | 3.375% | 11/25/27 | BBB- | 182,086 | |
100 | ViacomCBS Inc | 6.250% | 2/28/57 | BB+ | 110,000 | |
130 | VICI Properties LP / VICI Note Co Inc, 144A | 3.750% | 2/15/27 | BB | 128,716 | |
500 | VICI Properties LP / VICI Note Co Inc, 144A | 4.625% | 12/01/29 | BB | 514,635 | |
300 | Victoria's Secret & Co, 144A | 4.625% | 7/15/29 | BB- | 289,087 | |
100 | Videotron Ltd, 144A | 5.125% | 4/15/27 | BB+ | 102,212 | |
450 | Videotron Ltd, 144A | 3.625% | 6/15/29 | BB+ | 435,937 | |
200 | Vista Outdoor Inc, 144A | 4.500% | 3/15/29 | BB- | 194,100 | |
300 | Vodafone Group PLC | 7.000% | 4/04/79 | BB+ | 344,807 | |
100 | Vodafone Group PLC | 4.125% | 6/04/81 | BB+ | 95,252 | |
410 | Weatherford International Ltd, 144A | 6.500% | 9/15/28 | BB- | 425,248 | |
600 | Weatherford International Ltd, 144A | 8.625% | 4/30/30 | B- | 610,500 | |
200 | Weir Group PLC, 144A | 2.200% | 5/13/26 | BBB- | 194,725 | |
521 | WESCO Distribution Inc, 144A | 7.250% | 6/15/28 | BB- | 558,772 | |
210 | Western Midstream Operating LP | 5.300% | 2/01/30 | BB+ | 218,925 | |
150 | William Carter Co, 144A | 5.500% | 5/15/25 | BB+ | 154,875 | |
450 | Williams Scotsman International Inc, 144A | 4.625% | 8/15/28 | B+ | 453,937 | |
100 | Windstream Escrow LLC / Windstream Escrow Finance Corp, 144A | 7.750% | 8/15/28 | B | 100,845 | |
100 | WR Grace Holdings LLC, 144A | 4.875% | 6/15/27 | B+ | 99,498 | |
240 | Wyndham Hotels & Resorts Inc, 144A | 4.375% | 8/15/28 | BB | 238,128 | |
210 | Xerox Corp | 4.375% | 3/15/23 | BB+ | 212,862 | |
310 | Xerox Holdings Corp, 144A | 5.500% | 8/15/28 | BB+ | 311,730 | |
600 | XPO Logistics Inc, 144A | 6.250% | 5/01/25 | BB- | 621,042 | |
560 | Yum! Brands Inc, 144A | 4.750% | 1/15/30 | BB- | 575,436 | |
310 | Zayo Group Holdings Inc, 144A | 6.125% | 3/01/28 | CCC+ | 292,454 | |
410 | Ziggo BV, 144A | 4.875% | 1/15/30 | B+ | 396,675 | |
200 | ZoomInfo Technologies LLC/ZoomInfo Finance Corp, 144A | 3.875% | 2/01/29 | B | 188,250 | |
85,725 | Total Industrial | 85,522,355 | ||||
Utility – 1.5% | ||||||
200 | Clearway Energy Operating LLC, 144A | 4.750% | 3/15/28 | BB | 205,866 | |
100 | Clearway Energy Operating LLC, 144A | 3.750% | 2/15/31 | BB | 94,147 | |
160 | Drax Finco PLC, 144A | 6.625% | 11/01/25 | BBB- | 163,800 | |
900 | Enviva Partners LP / Enviva Partners Finance Corp, 144A | 6.500% | 1/15/26 | B+ | 929,817 |
Principal Amount (000) | Description (1) | Coupon | Maturity | Ratings (2) | Value | |
Utility (continued) | ||||||
$ 50 | NextEra Energy Operating Partners LP, 144A | 4.250% | 7/15/24 | BB+ | $ 51,469 | |
1,410 | Total Utility | 1,445,099 | ||||
$ 97,145 | Total Corporate Debt (cost $99,638,119) | 96,942,785 | ||||
Total Long-Term Investments (cost $99,638,119) | 96,942,785 |
Shares | Description (1) | Coupon | Value | |||
INVESTMENTS PURCHASED WITH COLLATERAL FROM SECURITIES LENDING – 1.5% | ||||||
MONEY MARKET FUNDS – 1.5% | ||||||
1,499,875 | State Street Navigator Securities Lending Government Money Market Portfolio, (5) | 0.050% (6) | $ 1,499,875 | |||
Total Investments Purchased with Collateral from Securities Lending (cost $1,499,875) | 1,499,875 | |||||
Total Investments (cost $101,137,994) – 99.3% | 98,442,660 | |||||
Other Assets Less Liabilities – 0.7% | 742,343 | |||||
Net Assets – 100% | $ 99,185,003 |
For Fund portfolio compliance purposes, the Fund’s industry classifications refer to any one or more of the industry sub-classifications used by one or more widely recognized market indexes or ratings group indexes, and/or as defined by Fund management. This definition may not apply for purposes of this report, which may combine industry sub-classifications into sectors for reporting ease. | ||
(1) | All percentages shown in the Portfolio of Investments are based on net assets. | |
(2) | The Fund uses credit quality ratings for its portfolio securities provided by Moody's, S&P and Fitch. If all three of Moody's, S&P, and Fitch provide a rating for a security, the middle is used; if two of the three agencies rate a security, the lower rating is used; and if only one rating agency rates a security, that rating is used. AAA, AA, A, and BBB are investment grade ratings; BB, B, CCC/CC/C and D are below-investment grade ratings. Credit ratings are subject to change. Holdings designated N/R are not rated by Moody's, S&P or Fitch. | |
(3) | Investment, or a portion of investment, is out on loan for securities lending. The total value of the securities out on loan as of the end of the reporting period was $1,264,161. | |
(4) | Perpetual security. Maturity date is not applicable. | |
(5) | The Fund may loan securities representing up to one third of the market value of its total assets (which includes collateral for securities on loan) to broker dealers, banks, and other institutions. The collateral maintained by the Fund shall have a market value, at the inception of each loan, equal to not less than 100% of the market value of the loaned securities. The cash collateral received by the Fund is invested in this money market fund. | |
(6) | The rate shown is the one-day yield as of the end of the reporting period. | |
144A | Investment is exempt from registration under Rule 144A of the Securities Act of 1933, as amended. These investments may only be resold in transactions exempt from registration, which are normally those transactions with qualified institutional buyers. | |
N/A | Not Applicable. | |
Reg S | Regulation S allows U.S. companies to sell securities to persons or entities located outside of the United States without registering those securities with the Securities and Exchange Commission. Specifically, Regulation S provides a safe harbor from the registration requirements of the Securities Act for the offers and sales of securities by both foreign and domestic issuers that are made outside the United States. | |
REIT | Real Estate Investment Trust |
Principal Amount (000) | Description (1) | Coupon | Maturity | Ratings (2) | Value | |
LONG-TERM INVESTMENTS – 99.2% | ||||||
U.S. TREASURY – 37.7% | ||||||
$ 1,500 | United States Treasury Note/Bond | 0.125% | 2/28/23 | AAA | $1,488,574 | |
2,600 | United States Treasury Note/Bond | 0.125% | 3/31/23 | AAA | 2,576,742 | |
2,400 | United States Treasury Note/Bond | 0.125% | 4/30/23 | AAA | 2,376,656 | |
700 | United States Treasury Note/Bond | 0.125% | 5/31/23 | AAA | 692,234 | |
1,900 | United States Treasury Note/Bond | 0.125% | 6/30/23 | AAA | 1,876,844 | |
1,248 | United States Treasury Note/Bond | 2.750% | 7/31/23 | AAA | 1,279,980 | |
1,300 | United States Treasury Note/Bond | 0.125% | 7/31/23 | AAA | 1,282,430 | |
1,300 | United States Treasury Note/Bond | 0.125% | 8/31/23 | AAA | 1,280,957 | |
3,450 | United States Treasury Note/Bond | 0.375% | 10/31/23 | AAA | 3,405,932 | |
1,346 | United States Treasury Note/Bond | 2.875% | 11/30/23 | AAA | 1,388,325 | |
4,200 | United States Treasury Note/Bond | 0.500% | 11/30/23 | AAA | 4,150,617 | |
100 | United States Treasury Note/Bond | 0.750% | 12/31/23 | AAA | 99,219 | |
1,411 | United States Treasury Note/Bond | 2.500% | 1/31/24 | AAA | 1,447,708 | |
1,814 | United States Treasury Note/Bond | 2.250% | 4/30/24 | AAA | 1,854,744 | |
4,872 | United States Treasury Note/Bond | 2.000% | 5/31/24 | AAA | 4,955,167 | |
262 | United States Treasury Note/Bond | 1.250% | 8/31/24 | AAA | 261,632 | |
3,090 | United States Treasury Note/Bond | 2.125% | 9/30/24 | AAA | 3,154,938 | |
1,454 | United States Treasury Note/Bond | 2.125% | 11/30/24 | AAA | 1,484,727 | |
2,824 | United States Treasury Note/Bond | 1.375% | 1/31/25 | AAA | 2,822,456 | |
1,500 | United States Treasury Note/Bond | 0.250% | 5/31/25 | AAA | 1,441,699 | |
950 | United States Treasury Note/Bond | 0.250% | 8/31/25 | AAA | 908,957 | |
3,900 | United States Treasury Note/Bond | 0.250% | 9/30/25 | AAA | 3,728,004 | |
800 | United States Treasury Note/Bond | 0.250% | 10/31/25 | AAA | 763,500 | |
1,820 | United States Treasury Note/Bond | 0.375% | 11/30/25 | AAA | 1,742,295 | |
1,300 | United States Treasury Note/Bond | 0.375% | 12/31/25 | AAA | 1,243,277 | |
3,500 | United States Treasury Note/Bond | 0.375% | 1/31/26 | AA+ | 3,341,543 | |
500 | United States Treasury Note/Bond | 0.500% | 2/28/26 | AAA | 479,160 | |
1,900 | United States Treasury Note/Bond | 0.750% | 3/31/26 | AAA | 1,837,879 | |
3,200 | United States Treasury Note/Bond | 0.750% | 4/30/26 | AAA | 3,092,375 | |
700 | United States Treasury Note/Bond | 0.750% | 5/31/26 | AAA | 675,719 | |
1,700 | United States Treasury Note/Bond | 0.875% | 6/30/26 | AAA | 1,648,734 | |
1,100 | United States Treasury Note/Bond | 0.625% | 7/31/26 | AAA | 1,053,980 | |
1,450 | United States Treasury Note/Bond | 0.750% | 8/31/26 | AAA | 1,396,022 | |
2,600 | United States Treasury Note/Bond | 0.875% | 9/30/26 | AAA | 2,515,195 | |
900 | United States Treasury Note/Bond | 1.125% | 10/31/26 | AAA | 879,926 | |
1,600 | United States Treasury Note/Bond | 1.250% | 11/30/26 | AAA | 1,573,625 |
Principal Amount (000) | Description (1) | Coupon | Maturity | Ratings (2) | Value | |
$ 700 | United States Treasury Note/Bond | 1.250% | 12/31/26 | AAA | $688,078 | |
900 | United States Treasury Note/Bond | 0.500% | 6/30/27 | AAA | 846,492 | |
2,186 | United States Treasury Note/Bond | 2.250% | 8/15/27 | AAA | 2,254,056 | |
888 | United States Treasury Note/Bond | 2.250% | 11/15/27 | AAA | 915,368 | |
2,344 | United States Treasury Note/Bond | 2.750% | 2/15/28 | AAA | 2,484,640 | |
650 | United States Treasury Note/Bond | 1.375% | 10/31/28 | AAA | 634,613 | |
1,470 | United States Treasury Note/Bond | 2.375% | 5/15/29 | AAA | 1,533,221 | |
514 | United States Treasury Note/Bond | 1.625% | 8/15/29 | AAA | 510,105 | |
200 | United States Treasury Note/Bond | 0.625% | 5/15/30 | AAA | 182,648 | |
200 | United States Treasury Note/Bond | 0.625% | 8/15/30 | AAA | 182,141 | |
100 | United States Treasury Note/Bond | 1.250% | 8/15/31 | AAA | 95,422 | |
498 | United States Treasury Note/Bond | 1.375% | 11/15/31 | AAA | 479,870 | |
200 | United States Treasury Note/Bond | 1.125% | 8/15/40 | AAA | 168,109 | |
3,850 | United States Treasury Note/Bond | 1.375% | 11/15/40 | AAA | 3,375,518 | |
1,300 | United States Treasury Note/Bond | 1.875% | 2/15/41 | AAA | 1,239,215 | |
500 | United States Treasury Note/Bond | 2.250% | 5/15/41 | AAA | 505,625 | |
1,450 | United States Treasury Note/Bond | 1.750% | 8/15/41 | AAA | 1,350,313 | |
298 | United States Treasury Note/Bond | 2.000% | 11/15/41 | AAA | 289,665 | |
1,964 | United States Treasury Note/Bond | 2.750% | 8/15/42 | AAA | 2,152,421 | |
4,571 | United States Treasury Note/Bond | 2.750% | 8/15/47 | AAA | 5,103,986 | |
2,050 | United States Treasury Note/Bond | 1.250% | 5/15/50 | AAA | 1,667,307 | |
700 | United States Treasury Note/Bond | 1.375% | 8/15/50 | AAA | 587,453 | |
200 | United States Treasury Note/Bond | 1.625% | 11/15/50 | AAA | 178,508 | |
3,900 | United States Treasury Note/Bond | 1.875% | 2/15/51 | AA+ | 3,693,727 | |
1,100 | United States Treasury Note/Bond | 2.375% | 5/15/51 | AAA | 1,164,453 | |
400 | United States Treasury Note/Bond | 2.000% | 8/15/51 | AAA | 390,188 | |
848 | United States Treasury Note/Bond | 1.875% | 11/15/51 | AAA | 804,010 | |
$ 101,172 | Total U.S. Treasury (cost $101,399,944) | 99,678,924 |
Principal Amount (000) | Description (1) | Coupon | Maturity | Ratings (2) | Value | |
SECURITIZED – 28.9% | ||||||
$ 50 | AmeriCredit Automobile Receivables Trust 2021-2 | 1.010% | 1/19/27 | AA+ | $48,793 | |
20 | BA Credit Card Trust | 0.440% | 9/15/26 | AAA | 19,576 | |
200 | BANK | 2.926% | 8/15/61 | AAA | 204,052 | |
100 | BANK 2021-BNK34 | 1.935% | 6/15/63 | AAA | 99,076 | |
100 | BANK 2021-BNK35 | 2.067% | 6/15/64 | Aaa | 98,346 | |
500 | BBCMS Mortgage Trust 2020-C6 | 2.690% | 2/15/53 | AAA | 506,747 | |
200 | Benchmark 2021-B24 Mortgage Trust | 2.264% | 3/15/54 | AAA | 195,322 | |
100 | Benchmark 2021-B27 Mortgage Trust | 2.703% | 7/15/54 | A- | 95,722 | |
100 | BENCHMARK Mortgage Trust | 2.073% | 8/15/54 | Aaa | 98,026 | |
367 | Capital One Multi-Asset Execution Trust | 1.720% | 8/15/24 | AAA | 369,230 |
Principal Amount (000) | Description (1) | Coupon | Maturity | Ratings (2) | Value | |
$ 100 | CarMax Auto Owner Trust | 1.700% | 8/16/27 | AAA | $99,830 | |
82 | Carmax Auto Owner Trust 2020-1 | 1.890% | 12/16/24 | AAA | 82,001 | |
100 | Citibank Credit Card Issuance Trust | 3.290% | 5/23/25 | AAA | 102,863 | |
180 | Citigroup Commercial Mortgage Trust 2016-C1 | 3.209% | 5/10/49 | Aaa | 186,720 | |
500 | COMM 2015-LC19 Mortgage Trust | 3.183% | 2/10/48 | Aaa | 516,597 | |
100 | Discover Card Execution Note Trust | 0.580% | 9/15/26 | AAA | 97,786 | |
2,104 | Fannie Mae Pool FM5488 | 4.000% | 5/01/49 | N/R | 2,226,974 | |
3,071 | Fannie Mae Pool FM5665 | 3.500% | 8/01/48 | N/R | 3,233,236 | |
337 | Fannie Mae Pool MA2941 | 3.500% | 3/01/32 | N/R | 351,670 | |
385 | Fannie Mae Pool MA3120 | 3.500% | 9/01/47 | N/R | 403,105 | |
978 | Fannie Mae Pool MA3143 | 3.000% | 9/01/47 | N/R | 1,008,310 | |
67 | Fannie Mae Pool MA3182 | 3.500% | 11/01/47 | N/R | 70,783 | |
250 | Fannie Mae Pool MA3358 | 4.500% | 5/01/48 | N/R | 266,714 | |
98 | Fannie Mae Pool MA3392 | 3.500% | 6/01/33 | N/R | 102,695 | |
228 | Fannie Mae Pool MA3490 | 4.000% | 10/01/33 | N/R | 239,176 | |
138 | Fannie Mae Pool MA3536 | 4.000% | 12/01/48 | N/R | 145,642 | |
221 | Fannie Mae Pool MA3574 | 3.500% | 1/01/49 | N/R | 231,153 | |
1,253 | Fannie Mae Pool MA3774 | 3.000% | 9/01/49 | N/R | 1,281,185 | |
74 | Fannie Mae Pool MA3828 | 3.000% | 11/01/34 | N/R | 77,224 | |
149 | Fannie Mae Pool MA3865 | 3.000% | 12/01/34 | N/R | 154,147 | |
152 | Fannie Mae Pool MA3890 | 3.000% | 1/01/40 | N/R | 155,919 | |
845 | Fannie Mae Pool MA3905 | 3.000% | 1/01/50 | N/R | 864,228 | |
189 | Fannie Mae Pool MA3957 | 3.500% | 3/01/35 | N/R | 197,204 | |
735 | Fannie Mae Pool MA4074 | 2.000% | 7/01/35 | N/R | 738,758 | |
651 | Fannie Mae Pool MA4123 | 2.000% | 9/01/35 | N/R | 655,113 | |
676 | Fannie Mae Pool MA4180 | 2.500% | 11/01/35 | N/R | 692,903 | |
2,341 | Fannie Mae Pool MA4182 | 2.000% | 11/01/50 | N/R | 2,288,376 | |
1,508 | Fannie Mae Pool MA4208 | 2.000% | 12/01/50 | N/R | 1,474,294 | |
929 | Fannie Mae Pool MA4254 | 1.500% | 2/01/51 | N/R | 880,196 | |
1,036 | Fannie Mae Pool MA4255 | 2.000% | 2/01/51 | N/R | 1,012,323 | |
859 | Fannie Mae Pool MA4268 | 2.000% | 2/01/41 | N/R | 854,324 | |
604 | Fannie Mae Pool MA4278 | 1.500% | 3/01/36 | N/R | 595,259 | |
778 | Fannie Mae Pool MA4298 | 2.500% | 3/01/36 | N/R | 800,356 | |
178 | Fannie Mae Pool MA4302 | 1.500% | 4/01/36 | N/R | 175,169 | |
378 | Fannie Mae Pool MA4304 | 1.500% | 4/01/51 | N/R | 357,930 | |
2,618 | Fannie Mae Pool MA4305 | 2.000% | 4/01/51 | N/R | 2,557,921 | |
139 | Fannie Mae Pool MA4310 | 1.500% | 4/01/41 | N/R | 133,384 | |
85 | Fannie Mae Pool MA4316 | 2.500% | 4/01/36 | N/R | 87,668 | |
942 | Fannie Mae Pool MA4325 | 2.000% | 5/01/51 | N/R | 920,095 | |
399 | Fannie Mae Pool MA4327 | 3.000% | 5/01/51 | N/R | 408,291 | |
214 | Fannie Mae Pool MA4330 | 2.500% | 5/01/36 | N/R | 219,806 | |
651 | Fannie Mae Pool MA4334 | 2.500% | 5/01/41 | N/R | 661,675 |
Principal Amount (000) | Description (1) | Coupon | Maturity | Ratings (2) | Value | |
$ 130 | Fannie Mae Pool MA4337 | 4.000% | 4/01/51 | N/R | $136,733 | |
1,996 | Fannie Mae Pool MA4355 | 2.000% | 6/01/51 | N/R | 1,949,308 | |
766 | Fannie Mae Pool MA4357 | 3.000% | 6/01/51 | N/R | 783,670 | |
369 | Fannie Mae Pool MA4359 | 1.500% | 6/01/36 | N/R | 363,105 | |
89 | Fannie Mae Pool MA4361 | 2.500% | 6/01/36 | N/R | 90,823 | |
97 | Fannie Mae Pool MA4364 | 2.000% | 6/01/41 | N/R | 96,579 | |
92 | Fannie Mae Pool MA4366 | 2.500% | 6/01/41 | N/R | 94,006 | |
194 | Fannie Mae Pool MA4377 | 1.500% | 7/01/51 | N/R | 183,390 | |
288 | Fannie Mae Pool MA4378 | 2.000% | 7/01/51 | N/R | 281,414 | |
830 | Fannie Mae Pool MA4380 | 3.000% | 7/01/51 | N/R | 852,993 | |
285 | Fannie Mae Pool MA4387 | 2.000% | 7/01/41 | N/R | 283,683 | |
490 | Fannie Mae Pool MA4397 | 1.500% | 8/01/51 | N/R | 464,239 | |
1,501 | Fannie Mae Pool MA4398 | 2.000% | 8/01/51 | N/R | 1,465,323 | |
189 | Fannie Mae Pool MA4402 | 1.500% | 8/01/36 | N/R | 186,429 | |
388 | Fannie Mae Pool MA4423 | 2.500% | 9/01/41 | N/R | 394,698 | |
1,081 | Fannie Mae Pool MA4437 | 2.000% | 10/01/51 | N/R | 1,055,256 | |
402 | Fannie Mae Pool MA4439 | 3.000% | 10/01/51 | N/R | 410,806 | |
396 | Fannie Mae Pool MA4465 | 2.000% | 11/01/51 | N/R | 386,134 | |
8,079 | Fannie Mae Pool MA4493 | 2.500% | 12/01/51 | N/R | 8,072,047 | |
1,596 | Fannie Mae Pool MA4511 | 2.000% | 12/01/51 | N/R | 1,557,461 | |
947 | Fannie Mae Pool MA4512 | 2.500% | 1/01/52 | N/R | 946,618 | |
546 | Fannie Mae Pool MA4513 | 3.000% | 1/01/52 | N/R | 559,385 | |
348 | Fannie Mae Pool MA4516 | 2.000% | 1/01/37 | N/R | 349,682 | |
1,365 | Fannie Mae Pool MA4536 | 2.000% | 2/01/37 | N/R | 1,372,761 | |
2,625 | Fannie Mae Pool MA4549, (DD1) | 3.000% | 2/01/52 | N/R | 2,684,841 | |
2,865 | Fannie Mae Pool MA4563, (WI/DD, Settling 2/14/22) | 2.500% | 2/01/52 | N/R | 2,862,720 | |
196 | Fannie Mae-Aces | 3.046% | 3/25/28 | N/R | 207,601 | |
250 | Fannie Mae-Aces | 3.364% | 7/25/28 | N/R | 268,863 | |
100 | Ford Credit Auto Owner Trust | 1.290% | 6/15/26 | AAA | 99,764 | |
100 | Ford Credit Floorplan Master Owner Trust A | 2.480% | 9/15/24 | AAA | 101,066 | |
800 | Freddie Mac Multifamily Structured Pass Through Certificates | 2.862% | 5/25/26 | N/R | 833,913 | |
100 | Freddie Mac Multifamily Structured Pass Through Certificates | 0.861% | 6/25/27 | Aaa | 96,798 | |
62 | Freddie Mac Multifamily Structured Pass Through Certificates | 1.760% | 3/25/28 | Aaa | 61,537 | |
100 | Freddie Mac Multifamily Structured Pass Through Certificates | 1.770% | 5/25/28 | Aaa | 99,230 | |
339 | Freddie Mac Multifamily Structured Pass Through Certificates | 2.701% | 4/25/29 | N/R | 354,289 | |
98 | Freddie Mac Multifamily Structured Pass Through Certificates | 1.101% | 8/25/30 | Aaa | 94,224 | |
99 | Freddie Mac Multifamily Structured Pass Through Certificates | 1.353% | 11/25/30 | Aaa | 96,374 | |
100 | Freddie Mac Multifamily Structured Pass Through Certificates | 1.647% | 5/25/31 | N/R | 95,148 | |
100 | Freddie Mac Multifamily Structured Pass Through Certificates | 2.007% | 7/25/35 | N/R | 99,188 | |
624 | Ginnie Mae II Pool MA3663 | 3.500% | 5/20/46 | N/R | 654,015 | |
84 | Ginnie Mae II Pool MA5264 | 4.000% | 6/20/48 | N/R | 88,418 | |
96 | Ginnie Mae II Pool MA5398 | 4.000% | 8/20/48 | N/R | 101,481 |
Principal Amount (000) | Description (1) | Coupon | Maturity | Ratings (2) | Value | |
$ 576 | Ginnie Mae II Pool MA6038 | 3.000% | 7/20/49 | N/R | $590,678 | |
262 | Ginnie Mae II Pool MA6283 | 3.000% | 11/20/49 | N/R | 268,244 | |
1,029 | Ginnie Mae II Pool MA6338 | 3.000% | 12/20/49 | N/R | 1,054,898 | |
217 | Ginnie Mae II Pool MA6542 | 3.500% | 3/20/50 | N/R | 224,818 | |
108 | Ginnie Mae II Pool MA6600 | 3.500% | 4/20/50 | N/R | 112,534 | |
723 | Ginnie Mae II Pool MA6819 | 2.500% | 8/20/50 | N/R | 728,144 | |
102 | Ginnie Mae II Pool MA6820 | 3.000% | 8/20/50 | N/R | 104,515 | |
910 | Ginnie Mae II Pool MA6864 | 2.000% | 9/20/50 | N/R | 900,694 | |
843 | Ginnie Mae II Pool MA6865 | 2.500% | 9/20/50 | N/R | 849,457 | |
101 | Ginnie Mae II Pool MA6931 | 2.500% | 10/20/50 | N/R | 102,105 | |
338 | Ginnie Mae II Pool MA6995 | 2.500% | 11/20/50 | N/R | 340,973 | |
575 | Ginnie Mae II Pool MA7051 | 2.000% | 12/20/50 | N/R | 569,255 | |
314 | Ginnie Mae II Pool MA7054 | 3.500% | 12/20/50 | N/R | 326,160 | |
558 | Ginnie Mae II Pool MA7136 | 2.500% | 1/20/51 | N/R | 561,713 | |
626 | Ginnie Mae II Pool MA7312 | 2.500% | 4/20/51 | N/R | 630,903 | |
696 | Ginnie Mae II Pool MA7367 | 2.500% | 5/20/51 | N/R | 701,614 | |
965 | Ginnie Mae II Pool MA7472 | 2.500% | 7/20/51 | N/R | 972,706 | |
2,897 | Ginnie Mae II Pool MA7704 | 2.000% | 11/20/51 | N/R | 2,866,852 | |
300 | Ginnie Mae II Pool MA7826 | 2.000% | 1/20/52 | N/R | 296,915 | |
200 | Ginnie Mae II Pool MA7827 | 2.500% | 1/20/52 | N/R | 201,514 | |
1,675 | Ginnie Mae II Pool MA7882, (WI/DD, Settling 2/22/22) | 3.000% | 2/20/52 | N/R | 1,719,146 | |
100 | GM Financial Automobile Leasing Trust 2021-2 | 0.690% | 5/20/25 | AA+ | 98,555 | |
50 | GM Financial Consumer Automobile Receivables Trust 2022-1 | 1.260% | 11/16/26 | AAA | 49,731 | |
200 | GS Mortgage Securities Trust 2019-GC38 | 3.968% | 2/10/52 | AAA | 218,631 | |
100 | Honda Auto Receivables 2021-2 Owner Trust | 0.330% | 8/15/25 | AAA | 98,806 | |
50 | John Deere Owner Trust | 0.740% | 5/15/28 | Aaa | 48,545 | |
100 | Mercedes-Benz Auto Lease Trust 2021-B | 0.400% | 11/15/24 | AAA | 98,816 | |
100 | Morgan Stanley Capital I Trust 2021-L5 | 1.518% | 5/15/54 | AAA | 97,280 | |
100 | Santander Drive Auto Receivables Trust 2021-2 | 0.900% | 6/15/26 | Aaa | 99,044 | |
100 | Toyota Auto Receivables 2021-B Owner Trust | 0.530% | 10/15/26 | AAA | 97,109 | |
90 | Verizon Master Trust | 0.500% | 5/20/27 | AAA | 88,133 | |
242 | Wells Fargo Commercial Mortgage Trust 2016-C32 | 3.324% | 1/15/59 | Aaa | 248,529 | |
300 | Wells Fargo Commercial Mortgage Trust 2019-C49 | 3.760% | 3/15/52 | Aaa | 318,428 | |
100 | World Omni Auto Receivables Trust 2021-B | 0.420% | 6/15/26 | AAA | 98,680 | |
$ 75,908 | Total Securitized (cost $78,921,290) | 76,364,031 |
Principal Amount (000) | Description (1) | Coupon | Maturity | Ratings (2) | Value | |
CORPORATE DEBT – 26.7% | ||||||
Financials – 8.3% | ||||||
$ 100 | AerCap Ireland Capital DAC / AerCap Global Aviation Trust | 3.150% | 2/15/24 | BBB- | $101,880 | |
150 | AerCap Ireland Capital DAC / AerCap Global Aviation Trust | 2.450% | 10/29/26 | BBB- | 147,468 |
Principal Amount (000) | Description (1) | Coupon | Maturity | Ratings (2) | Value | |
Financials (continued) | ||||||
$ 150 | AerCap Ireland Capital DAC / AerCap Global Aviation Trust | 3.300% | 1/30/32 | BBB- | $146,436 | |
100 | Aflac Inc | 3.600% | 4/01/30 | A- | 107,184 | |
180 | Air Lease Corp | 2.875% | 1/15/26 | BBB | 181,556 | |
100 | Alexandria Real Estate Equities Inc | 3.375% | 8/15/31 | BBB+ | 104,741 | |
71 | Allstate Corp | 4.500% | 6/15/43 | A- | 83,293 | |
10 | Ally Financial Inc | 5.800% | 5/01/25 | BBB- | 11,029 | |
110 | Ally Financial Inc | 8.000% | 11/01/31 | BBB- | 149,073 | |
10 | Ally Financial Inc | 8.000% | 11/01/31 | BBB- | 13,295 | |
40 | American Campus Communities Operating Partnership LP | 2.250% | 1/15/29 | BBB | 38,294 | |
40 | American Express Co | 3.400% | 2/22/24 | A- | 41,379 | |
200 | American Express Co | 1.650% | 11/04/26 | A- | 195,845 | |
230 | American International Group Inc | 3.400% | 6/30/30 | BBB+ | 241,316 | |
52 | Ameriprise Financial Inc | 4.000% | 10/15/23 | A- | 54,239 | |
70 | Anthem Inc | 3.650% | 12/01/27 | BBB | 74,443 | |
100 | Anthem Inc | 2.250% | 5/15/30 | BBB | 95,851 | |
100 | Anthem Inc | 4.650% | 1/15/43 | BBB | 116,608 | |
100 | Arthur J Gallagher & Co | 3.050% | 3/09/52 | BBB | 91,396 | |
30 | Assurant Inc | 2.650% | 1/15/32 | BBB | 28,480 | |
10 | Australia & New Zealand Banking Group Ltd/New York NY | 3.700% | 11/16/25 | AA- | 10,688 | |
40 | Banco Bilbao Vizcaya Argentaria SA | 0.875% | 9/18/23 | A- | 39,570 | |
140 | Bank of America Corp | 0.523% | 6/14/24 | A | 138,106 | |
200 | Bank of America Corp | 1.734% | 7/22/27 | A | 193,979 | |
250 | Bank of America Corp | 2.087% | 6/14/29 | A | 240,292 | |
150 | Bank of America Corp | 4.271% | 7/23/29 | A | 162,869 | |
600 | Bank of America Corp | 3.974% | 2/07/30 | A | 642,285 | |
200 | Bank of America Corp | 2.592% | 4/29/31 | A | 195,927 | |
250 | Bank of America Corp | 2.651% | 3/11/32 | A | 244,324 | |
100 | Bank of America Corp | 2.299% | 7/21/32 | A | 94,660 | |
100 | Bank of America Corp | 3.311% | 4/22/42 | A | 98,662 | |
200 | Bank of America Corp | 2.972% | 7/21/52 | A | 185,935 | |
100 | Bank of Montreal | 0.400% | 9/15/23 | A | 98,419 | |
100 | Bank of Montreal | 1.500% | 1/10/25 | A | 99,015 | |
38 | Bank of Montreal | 3.803% | 12/15/32 | BBB+ | 39,896 | |
100 | Bank of New York Mellon Corp | 0.850% | 10/25/24 | A+ | 98,228 | |
100 | Bank of New York Mellon Corp | 2.800% | 5/04/26 | A+ | 103,071 | |
100 | Bank of New York Mellon Corp | 2.050% | 1/26/27 | A+ | 99,836 | |
100 | Bank of Nova Scotia | 0.650% | 7/31/24 | A | 97,419 | |
100 | Bank of Nova Scotia, (3) | 1.450% | 1/10/25 | A | 98,905 | |
100 | Bank of Nova Scotia | 1.350% | 6/24/26 | A | 96,808 | |
200 | Barclays PLC | 2.279% | 11/24/27 | BBB | 195,868 | |
300 | Barclays PLC | 4.836% | 5/09/28 | BBB | 322,962 |
Principal Amount (000) | Description (1) | Coupon | Maturity | Ratings (2) | Value | |
Financials (continued) | ||||||
$ 42 | BlackRock Inc | 3.500% | 3/18/24 | AA- | $43,854 | |
40 | BlackRock Inc | 3.250% | 4/30/29 | AA- | 42,340 | |
140 | Boston Properties LP | 2.900% | 3/15/30 | BBB+ | 139,484 | |
30 | BPCE SA | 4.000% | 4/15/24 | A+ | 31,452 | |
50 | Brixmor Operating Partnership LP | 4.125% | 6/15/26 | BBB- | 53,278 | |
100 | Brookfield Finance I UK Plc | 2.340% | 1/30/32 | A- | 94,793 | |
30 | Camden Property Trust | 2.800% | 5/15/30 | A- | 30,298 | |
13 | Canadian Imperial Bank of Commerce | 3.500% | 9/13/23 | AA | 13,464 | |
100 | Canadian Imperial Bank of Commerce | 1.000% | 10/18/24 | A | 97,615 | |
100 | Charles Schwab Corp | 3.200% | 3/02/27 | A | 104,655 | |
100 | Charles Schwab Corp | 2.000% | 3/20/28 | A | 98,446 | |
99 | Chubb Corp | 6.000% | 5/11/37 | A | 133,598 | |
20 | CI Financial Corp | 4.100% | 6/15/51 | BBB | 20,477 | |
100 | Citigroup Inc | 0.981% | 5/01/25 | A- | 97,886 | |
948 | Citigroup Inc | 3.980% | 3/20/30 | A- | 1,014,136 | |
100 | Citigroup Inc | 2.561% | 5/01/32 | A- | 96,965 | |
100 | Citigroup Inc | 2.520% | 11/03/32 | A- | 96,322 | |
100 | Citizens Financial Group Inc | 2.638% | 9/30/32 | BBB | 95,264 | |
60 | CME Group Inc | 5.300% | 9/15/43 | AA- | 79,111 | |
200 | Cooperatieve Rabobank UA | 3.750% | 7/21/26 | BBB+ | 209,707 | |
100 | Corporate Office Properties LP | 2.000% | 1/15/29 | BBB- | 93,988 | |
250 | Credit Suisse AG/New York NY | 2.950% | 4/09/25 | A+ | 256,838 | |
42 | CyrusOne LP / CyrusOne Finance Corp | 3.450% | 11/15/29 | BBB- | 44,962 | |
200 | Deutsche Bank AG/New York NY | 1.447% | 4/01/25 | BBB | 196,666 | |
50 | Duke Realty LP | 2.875% | 11/15/29 | BBB+ | 50,997 | |
50 | Equitable Holdings Inc | 4.350% | 4/20/28 | BBB+ | 54,380 | |
30 | Equitable Holdings Inc | 5.000% | 4/20/48 | BBB+ | 35,308 | |
86 | ERP Operating LP | 2.500% | 2/15/30 | A- | 85,833 | |
50 | Federal Realty Investment Trust | 3.500% | 6/01/30 | A- | 52,066 | |
132 | Fifth Third Bancorp | 1.707% | 11/01/27 | BBB+ | 128,260 | |
30 | First American Financial Corp | 2.400% | 8/15/31 | BBB | 28,522 | |
30 | Franklin Resources Inc | 1.600% | 10/30/30 | A | 27,484 | |
50 | GATX Corp | 4.700% | 4/01/29 | BBB | 56,036 | |
100 | Goldman Sachs Group Inc | 0.925% | 10/21/24 | A | 98,500 | |
200 | Goldman Sachs Group Inc | 1.948% | 10/21/27 | A | 194,651 | |
300 | Goldman Sachs Group Inc | 3.800% | 3/15/30 | A | 319,139 | |
582 | Goldman Sachs Group Inc | 2.383% | 7/21/32 | A | 551,137 | |
200 | Goldman Sachs Group Inc | 2.650% | 10/21/32 | A | 194,790 | |
100 | Hartford Financial Services Group Inc | 2.900% | 9/15/51 | BBB+ | 91,613 | |
100 | Healthpeak Properties Inc | 2.125% | 12/01/28 | BBB+ | 97,918 | |
50 | Healthpeak Properties Inc | 3.500% | 7/15/29 | BBB+ | 52,529 |
Principal Amount (000) | Description (1) | Coupon | Maturity | Ratings (2) | Value | |
Financials (continued) | ||||||
$ 50 | Host Hotels & Resorts LP | 4.500% | 2/01/26 | BBB- | $52,955 | |
200 | HSBC Holdings PLC | 0.732% | 8/17/24 | A- | 196,754 | |
125 | HSBC Holdings PLC | 0.976% | 5/24/25 | A- | 122,047 | |
200 | HSBC Holdings PLC | 2.013% | 9/22/28 | A- | 192,246 | |
400 | HSBC Holdings PLC | 2.804% | 5/24/32 | A- | 386,808 | |
50 | Humana Inc | 4.875% | 4/01/30 | BBB | 56,973 | |
100 | Humana Inc | 2.150% | 2/03/32 | BBB | 92,994 | |
100 | Huntington Bancshares Inc/OH | 2.625% | 8/06/24 | BBB+ | 101,616 | |
100 | ING Groep NV | 3.950% | 3/29/27 | A- | 106,932 | |
50 | ING Groep NV | 4.050% | 4/09/29 | A- | 54,272 | |
94 | Intercontinental Exchange Inc | 3.750% | 9/21/28 | A- | 101,196 | |
50 | Intercontinental Exchange Inc | 4.250% | 9/21/48 | A- | 57,606 | |
30 | Invesco Finance PLC | 3.750% | 1/15/26 | A- | 31,857 | |
100 | JPMorgan Chase & Co | 0.824% | 6/01/25 | A | 97,514 | |
100 | JPMorgan Chase & Co | 1.470% | 9/22/27 | A | 95,619 | |
150 | JPMorgan Chase & Co | 3.702% | 5/06/30 | A | 158,562 | |
200 | JPMorgan Chase & Co | 2.739% | 10/15/30 | A | 198,918 | |
848 | JPMorgan Chase & Co | 4.493% | 3/24/31 | A | 947,900 | |
100 | JPMorgan Chase & Co | 2.545% | 11/08/32 | A | 96,884 | |
100 | JPMorgan Chase & Co | 3.157% | 4/22/42 | A | 97,937 | |
250 | JPMorgan Chase & Co | 3.328% | 4/22/52 | A | 251,562 | |
10 | KeyBank NA/Cleveland OH | 3.300% | 2/01/22 | A- | 10,000 | |
9 | KeyBank NA/Cleveland OH | 3.300% | 6/01/25 | A- | 9,434 | |
20 | KeyBank NA/Cleveland OH | 6.950% | 2/01/28 | BBB+ | 24,683 | |
99 | KeyCorp | 2.250% | 4/06/27 | BBB+ | 98,625 | |
40 | Kilroy Realty LP | 4.750% | 12/15/28 | BBB | 44,821 | |
100 | Kimco Realty Corp | 2.250% | 12/01/31 | BBB+ | 94,389 | |
20 | Legg Mason Inc | 4.750% | 3/15/26 | A | 22,043 | |
60 | Lincoln National Corp | 3.050% | 1/15/30 | BBB+ | 60,996 | |
40 | Lloyds Banking Group PLC | 4.500% | 11/04/24 | BBB+ | 42,278 | |
210 | Lloyds Banking Group PLC | 2.438% | 2/05/26 | A | 210,840 | |
20 | Lloyds Banking Group PLC | 4.550% | 8/16/28 | A | 22,099 | |
30 | Manulife Financial Corp | 5.375% | 3/04/46 | A | 39,676 | |
150 | Marsh & McLennan Cos Inc | 2.250% | 11/15/30 | A- | 144,681 | |
80 | MetLife Inc | 3.000% | 3/01/25 | A- | 83,036 | |
100 | MetLife Inc | 4.050% | 3/01/45 | A- | 112,914 | |
200 | Mitsubishi UFJ Financial Group Inc | 2.757% | 9/13/26 | A- | 203,171 | |
200 | Mitsubishi UFJ Financial Group Inc | 1.538% | 7/20/27 | A- | 192,404 | |
64 | Mitsubishi UFJ Financial Group Inc | 3.961% | 3/02/28 | A- | 69,008 | |
9 | Mizuho Financial Group Inc | 2.839% | 7/16/25 | A+ | 9,177 | |
120 | Mizuho Financial Group Inc | 2.226% | 5/25/26 | A+ | 119,838 |
Principal Amount (000) | Description (1) | Coupon | Maturity | Ratings (2) | Value | |
Financials (continued) | ||||||
$ 10 | Mizuho Financial Group Inc | 3.663% | 2/28/27 | A+ | $10,592 | |
100 | Mizuho Financial Group Inc | 2.869% | 9/13/30 | A+ | 100,195 | |
20 | Morgan Stanley | 0.790% | 5/30/25 | A | 19,478 | |
767 | Morgan Stanley | 3.772% | 1/24/29 | A | 813,405 | |
200 | Morgan Stanley | 4.431% | 1/23/30 | A | 220,891 | |
110 | Morgan Stanley | 3.622% | 4/01/31 | A | 116,282 | |
100 | Morgan Stanley | 2.239% | 7/21/32 | A | 94,294 | |
100 | Morgan Stanley | 2.484% | 9/16/36 | BBB+ | 92,903 | |
50 | National Australia Bank Ltd/New York | 3.375% | 1/14/26 | AA- | 52,805 | |
100 | NatWest Group PLC | 4.269% | 3/22/25 | BBB+ | 104,411 | |
100 | NatWest Group PLC | 5.076% | 1/27/30 | BBB+ | 112,236 | |
120 | Nomura Holdings Inc | 2.172% | 7/14/28 | BBB+ | 114,848 | |
42 | Northern Trust Corp | 3.950% | 10/30/25 | A | 45,050 | |
20 | Northern Trust Corp | 3.150% | 5/03/29 | A+ | 21,029 | |
30 | ORIX Corp | 3.700% | 7/18/27 | A- | 31,863 | |
10 | PNC Bank NA, (3) | 3.300% | 10/30/24 | A | 10,432 | |
10 | PNC Bank NA | 3.100% | 10/25/27 | A | 10,476 | |
90 | PNC Bank NA | 4.050% | 7/26/28 | A- | 98,158 | |
10 | PNC Bank NA | 2.700% | 10/22/29 | A- | 10,045 | |
112 | PNC Financial Services Group Inc | 3.900% | 4/29/24 | A- | 117,222 | |
54 | Principal Financial Group Inc | 3.700% | 5/15/29 | A- | 58,294 | |
34 | Progressive Corp | 3.200% | 3/26/30 | A | 35,916 | |
30 | Progressive Corp | 4.200% | 3/15/48 | A | 34,941 | |
91 | Prologis LP | 3.875% | 9/15/28 | A- | 99,216 | |
10 | Prologis LP | 4.375% | 9/15/48 | A- | 11,966 | |
10 | Prudential Financial Inc | 1.500% | 3/10/26 | A- | 9,852 | |
60 | Prudential Financial Inc | 3.000% | 3/10/40 | A- | 58,010 | |
10 | Prudential Financial Inc | 4.500% | 9/15/47 | BBB+ | 10,211 | |
113 | Prudential Financial Inc | 3.905% | 12/07/47 | A- | 123,227 | |
10 | Regions Financial Corp | 1.800% | 8/12/28 | BBB+ | 9,519 | |
20 | Regions Financial Corp | 7.375% | 12/10/37 | BBB | 28,659 | |
10 | Reinsurance Group of America Inc | 3.950% | 9/15/26 | BBB+ | 10,682 | |
19 | Reinsurance Group of America Inc | 3.900% | 5/15/29 | BBB+ | 20,305 | |
100 | Royal Bank of Canada | 2.250% | 11/01/24 | A+ | 101,046 | |
100 | Royal Bank of Canada | 1.600% | 1/21/25 | A+ | 99,275 | |
10 | Royal Bank of Canada | 4.650% | 1/27/26 | A- | 10,940 | |
100 | Royal Bank of Canada | 1.200% | 4/27/26 | A+ | 96,370 | |
100 | Royal Bank of Canada | 1.150% | 7/14/26 | A+ | 96,100 | |
100 | Santander Holdings USA Inc | 2.490% | 1/06/28 | BBB+ | 98,462 | |
200 | Santander UK Group Holdings PLC | 2.469% | 1/11/28 | BBB+ | 197,350 | |
39 | State Street Corp | 3.100% | 5/15/23 | A | 39,937 |
Principal Amount (000) | Description (1) | Coupon | Maturity | Ratings (2) | Value | |
Financials (continued) | ||||||
$ 90 | State Street Corp | 2.400% | 1/24/30 | A+ | $89,792 | |
68 | Sumitomo Mitsui Financial Group Inc | 3.936% | 10/16/23 | A+ | 70,724 | |
50 | Sumitomo Mitsui Financial Group Inc | 2.632% | 7/14/26 | A+ | 50,759 | |
330 | Sumitomo Mitsui Financial Group Inc | 3.364% | 7/12/27 | A+ | 346,322 | |
10 | Sumitomo Mitsui Financial Group Inc | 1.710% | 1/12/31 | A+ | 9,160 | |
100 | SVB Financial Group | 1.800% | 10/28/26 | A- | 98,041 | |
100 | Toronto-Dominion Bank, (3) | 1.250% | 12/13/24 | A+ | 98,555 | |
200 | Toronto-Dominion Bank | 1.200% | 6/03/26 | A+ | 192,342 | |
30 | Toronto-Dominion Bank | 3.625% | 9/15/31 | A | 31,573 | |
80 | Travelers Cos Inc | 4.600% | 8/01/43 | A | 96,306 | |
51 | Truist Bank | 3.625% | 9/16/25 | A | 53,753 | |
200 | Truist Financial Corp | 3.700% | 6/05/25 | A- | 211,245 | |
50 | Truist Financial Corp | 1.887% | 6/07/29 | A- | 47,974 | |
250 | US Bank NA/Cincinnati OH | 2.800% | 1/27/25 | AA- | 258,120 | |
21 | Ventas Realty LP | 3.850% | 4/01/27 | BBB+ | 22,405 | |
10 | Ventas Realty LP | 3.000% | 1/15/30 | BBB+ | 10,130 | |
54 | Ventas Realty LP | 4.750% | 11/15/30 | BBB+ | 61,283 | |
9 | Voya Financial Inc | 4.800% | 6/15/46 | BBB | 10,722 | |
30 | Voya Financial Inc | 4.700% | 1/23/48 | BBB- | 29,975 | |
108 | Welltower Inc | 4.125% | 3/15/29 | BBB+ | 117,457 | |
40 | Westpac Banking Corp | 1.953% | 11/20/28 | AA- | 38,865 | |
100 | Westpac Banking Corp | 2.150% | 6/03/31 | AA- | 97,150 | |
166 | Westpac Banking Corp | 4.322% | 11/23/31 | BBB+ | 176,087 | |
50 | Willis North America Inc | 2.950% | 9/15/29 | BBB | 49,655 | |
10 | Zions Bancorp NA | 3.250% | 10/29/29 | BBB | 10,112 | |
21,231 | Total Financials | 21,764,957 | ||||
Industrial – 16.1% | ||||||
20 | 3M Co | 3.375% | 3/01/29 | A+ | 21,239 | |
198 | 3M Co | 2.375% | 8/26/29 | A+ | 198,292 | |
70 | 3M Co | 3.050% | 4/15/30 | A+ | 73,402 | |
20 | ABB Finance USA Inc | 3.800% | 4/03/28 | A- | 21,849 | |
104 | Adobe Inc | 1.900% | 2/01/25 | A+ | 104,866 | |
18 | Adobe Inc | 2.150% | 2/01/27 | A+ | 18,054 | |
60 | Agilent Technologies Inc | 2.100% | 6/04/30 | BBB+ | 56,286 | |
99 | Air Products and Chemicals Inc | 1.850% | 5/15/27 | A | 97,880 | |
150 | Alibaba Group Holding Ltd | 4.500% | 11/28/34 | A+ | 165,670 | |
10 | Amcor Finance USA Inc | 4.500% | 5/15/28 | BBB | 11,149 | |
40 | Amcor Flexibles North America Inc | 2.630% | 6/19/30 | BBB | 39,281 | |
150 | American Honda Finance Corp | 2.150% | 9/10/24 | A- | 151,804 | |
100 | American Honda Finance Corp | 1.500% | 1/13/25 | A- | 99,179 |
Principal Amount (000) | Description (1) | Coupon | Maturity | Ratings (2) | Value | |
Industrial (continued) | ||||||
$ 40 | American Tower Corp | 5.000% | 2/15/24 | BBB- | $42,511 | |
100 | American Tower Corp | 1.600% | 4/15/26 | BBB- | 96,801 | |
100 | American Tower Corp | 1.450% | 9/15/26 | BBB- | 96,115 | |
100 | American Tower Corp | 1.500% | 1/31/28 | BBB- | 93,015 | |
70 | American Tower Corp | 2.900% | 1/15/30 | BBB- | 69,462 | |
138 | Amgen Inc | 2.300% | 2/25/31 | BBB+ | 133,216 | |
100 | Amgen Inc | 2.000% | 1/15/32 | BBB+ | 92,897 | |
20 | Amgen Inc | 5.750% | 3/15/40 | BBB+ | 25,535 | |
355 | Amgen Inc | 4.400% | 5/01/45 | BBB+ | 391,478 | |
50 | Amphenol Corp | 4.350% | 6/01/29 | BBB+ | 55,750 | |
100 | Analog Devices Inc | 1.700% | 10/01/28 | A- | 96,701 | |
400 | Apple Inc | 0.700% | 2/08/26 | AAA | 384,074 | |
200 | Apple Inc | 1.200% | 2/08/28 | AAA | 188,993 | |
200 | Apple Inc | 1.400% | 8/05/28 | AAA | 190,134 | |
200 | Apple Inc | 1.650% | 2/08/31 | AAA | 187,727 | |
200 | Apple Inc | 1.700% | 8/05/31 | AAA | 187,787 | |
200 | Apple Inc | 2.375% | 2/08/41 | AAA | 180,506 | |
10 | Applied Materials Inc | 3.900% | 10/01/25 | A | 10,693 | |
42 | Applied Materials Inc | 5.100% | 10/01/35 | A | 52,099 | |
50 | Applied Materials Inc | 4.350% | 4/01/47 | A | 59,621 | |
50 | Aptiv PLC | 4.350% | 3/15/29 | BBB | 55,318 | |
10 | Archer-Daniels-Midland Co | 3.250% | 3/27/30 | A | 10,568 | |
100 | Archer-Daniels-Midland Co | 2.700% | 9/15/51 | A | 93,820 | |
100 | Astrazeneca Finance LLC | 1.200% | 5/28/26 | A- | 96,941 | |
49 | AstraZeneca PLC | 1.375% | 8/06/30 | A- | 44,912 | |
165 | AstraZeneca PLC | 6.450% | 9/15/37 | A- | 231,970 | |
10 | AstraZeneca PLC | 4.375% | 11/16/45 | A- | 11,851 | |
100 | Autodesk Inc | 2.400% | 12/15/31 | BBB | 95,443 | |
100 | Automatic Data Processing Inc | 1.700% | 5/15/28 | AA- | 97,343 | |
100 | AutoNation Inc | 1.950% | 8/01/28 | BBB- | 95,294 | |
100 | Avery Dennison Corp | 2.250% | 2/15/32 | BBB | 93,725 | |
20 | Avnet Inc | 4.625% | 4/15/26 | BBB- | 21,417 | |
200 | Baidu Inc | 1.625% | 2/23/27 | A2 | 190,258 | |
100 | Baker Hughes Holdings LLC / Baker Hughes Co-Obligor Inc | 1.231% | 12/15/23 | A- | 99,540 | |
145 | Baker Hughes Holdings LLC / Baker Hughes Co-Obligor Inc | 3.138% | 11/07/29 | A- | 148,581 | |
180 | Baxalta Inc | 4.000% | 6/23/25 | BBB+ | 190,469 | |
50 | Baxter International Inc | 1.730% | 4/01/31 | BBB | 45,852 | |
100 | Baxter International Inc, 144A | 2.539% | 2/01/32 | BBB | 96,885 | |
12 | Bell Telephone Co of Canada or Bell Canada | 2.150% | 2/15/32 | BBB+ | 11,329 | |
80 | Bell Telephone Co of Canada or Bell Canada | 3.650% | 3/17/51 | BBB+ | 82,663 | |
20 | Biogen Inc | 2.250% | 5/01/30 | BBB+ | 18,848 |
Principal Amount (000) | Description (1) | Coupon | Maturity | Ratings (2) | Value | |
Industrial (continued) | ||||||
$ 100 | Block Financial LLC | 2.500% | 7/15/28 | BBB | $97,365 | |
50 | Boardwalk Pipelines LP | 5.950% | 6/01/26 | BBB- | 56,220 | |
10 | Boardwalk Pipelines LP | 4.450% | 7/15/27 | BBB- | 10,714 | |
30 | Booking Holdings Inc | 2.750% | 3/15/23 | A- | 30,477 | |
50 | Booking Holdings Inc | 3.600% | 6/01/26 | A- | 53,012 | |
50 | BorgWarner Inc, (3) | 2.650% | 7/01/27 | BBB+ | 50,552 | |
110 | Bristol-Myers Squibb Co | 2.600% | 5/16/22 | A+ | 110,666 | |
38 | Bristol-Myers Squibb Co | 2.000% | 8/01/22 | A+ | 38,251 | |
90 | Bristol-Myers Squibb Co | 1.450% | 11/13/30 | A+ | 82,266 | |
260 | Bristol-Myers Squibb Co | 4.125% | 6/15/39 | A+ | 292,501 | |
149 | Bristol-Myers Squibb Co | 5.000% | 8/15/45 | A+ | 186,924 | |
60 | British Telecommunications PLC | 9.625% | 12/15/30 | BBB | 85,647 | |
100 | Broadridge Financial Solutions Inc | 2.600% | 5/01/31 | BBB+ | 97,280 | |
28 | Bunge Ltd Finance Corp | 3.000% | 9/25/22 | BBB | 28,323 | |
30 | Bunge Ltd Finance Corp | 3.250% | 8/15/26 | BBB | 31,050 | |
10 | Bunge Ltd Finance Corp | 3.750% | 9/25/27 | BBB | 10,646 | |
50 | Bunge Ltd Finance Corp | 2.750% | 5/14/31 | BBB | 48,583 | |
10 | Campbell Soup Co | 3.300% | 3/19/25 | BBB | 10,422 | |
110 | Campbell Soup Co, (3) | 2.375% | 4/24/30 | BBB | 106,340 | |
50 | Canadian National Railway Co | 6.375% | 11/15/37 | A | 68,364 | |
10 | Canadian National Railway Co | 4.450% | 1/20/49 | A | 12,075 | |
100 | Canadian Pacific Railway Co | 2.450% | 12/02/31 | BBB+ | 98,187 | |
120 | Cardinal Health Inc | 4.500% | 11/15/44 | BBB | 126,243 | |
40 | Carlisle Cos Inc | 3.500% | 12/01/24 | BBB | 41,511 | |
20 | Carlisle Cos Inc | 2.200% | 3/01/32 | BBB | 18,610 | |
160 | Carrier Global Corp | 3.377% | 4/05/40 | BBB- | 158,362 | |
10 | Caterpillar Financial Services Corp | 2.550% | 11/29/22 | A | 10,148 | |
100 | Caterpillar Financial Services Corp | 0.450% | 5/17/24 | A | 97,591 | |
100 | Caterpillar Financial Services Corp | 0.600% | 9/13/24 | A | 97,420 | |
50 | Caterpillar Financial Services Corp | 3.250% | 12/01/24 | A | 52,070 | |
10 | Caterpillar Financial Services Corp | 0.800% | 11/13/25 | A | 9,635 | |
100 | Caterpillar Financial Services Corp | 1.700% | 1/08/27 | A | 98,654 | |
186 | Caterpillar Inc | 3.803% | 8/15/42 | A | 205,935 | |
100 | CDW LLC / CDW Finance Corp | 2.670% | 12/01/26 | BBB- | 98,890 | |
100 | Celanese US Holdings LLC | 1.400% | 8/05/26 | BBB | 96,068 | |
40 | Celulosa Arauco y Constitucion SA | 3.875% | 11/02/27 | BBB- | 41,622 | |
10 | Celulosa Arauco y Constitucion SA | 5.500% | 11/02/47 | BBB- | 11,088 | |
50 | Cheniere Corpus Christi Holdings LLC | 5.875% | 3/31/25 | BBB- | 54,583 | |
50 | Cheniere Corpus Christi Holdings LLC | 5.125% | 6/30/27 | BBB- | 55,248 | |
40 | Church & Dwight Co Inc | 3.150% | 8/01/27 | A- | 41,494 | |
70 | Cigna Corp | 4.500% | 2/25/26 | BBB+ | 75,786 |
Principal Amount (000) | Description (1) | Coupon | Maturity | Ratings (2) | Value | |
Industrial (continued) | ||||||
$ 432 | Cigna Corp | 3.050% | 10/15/27 | BBB+ | $445,486 | |
50 | Cigna Corp | 4.800% | 8/15/38 | BBB+ | 57,453 | |
100 | Cintas Corp No 2 | 3.700% | 4/01/27 | A- | 107,084 | |
188 | Cisco Systems Inc/Delaware | 2.500% | 9/20/26 | AA- | 193,967 | |
30 | Citrix Systems Inc | 3.300% | 3/01/30 | BBB | 30,041 | |
120 | CNH Industrial NV | 3.850% | 11/15/27 | BBB | 127,658 | |
85 | Coca-Cola Co | 1.450% | 6/01/27 | A+ | 82,648 | |
50 | Coca-Cola Co | 1.000% | 3/15/28 | A+ | 46,810 | |
160 | Coca-Cola Co | 1.650% | 6/01/30 | A+ | 150,320 | |
100 | Coca-Cola Co | 3.000% | 3/05/51 | A+ | 98,102 | |
40 | Coca-Cola Co | 2.750% | 6/01/60 | A+ | 36,288 | |
90 | Coca-Cola Femsa SAB de CV | 1.850% | 9/01/32 | A2 | 82,580 | |
10 | Conagra Brands Inc | 4.600% | 11/01/25 | BBB- | 10,786 | |
130 | Conagra Brands Inc | 8.250% | 9/15/30 | BBB- | 179,726 | |
50 | Corning Inc | 5.350% | 11/15/48 | BBB+ | 64,753 | |
10 | Corning Inc | 3.900% | 11/15/49 | BBB+ | 10,586 | |
10 | Corning Inc | 4.375% | 11/15/57 | BBB+ | 11,100 | |
150 | Costco Wholesale Corp | 1.375% | 6/20/27 | AA- | 144,909 | |
20 | Crown Castle International Corp | 4.300% | 2/15/29 | BBB- | 21,723 | |
214 | Crown Castle International Corp | 3.300% | 7/01/30 | BBB- | 217,166 | |
100 | Crown Castle International Corp | 2.500% | 7/15/31 | BBB- | 95,496 | |
155 | CSX Corp | 4.250% | 3/15/29 | BBB+ | 170,676 | |
10 | CSX Corp | 6.000% | 10/01/36 | BBB+ | 13,029 | |
100 | CSX Corp | 4.100% | 3/15/44 | BBB+ | 110,299 | |
10 | CSX Corp | 4.750% | 11/15/48 | BBB+ | 12,079 | |
42 | CSX Corp | 4.250% | 11/01/66 | BBB+ | 47,623 | |
9 | Cummins Inc | 1.500% | 9/01/30 | A+ | 8,302 | |
60 | Cummins Inc | 2.600% | 9/01/50 | A+ | 52,746 | |
400 | CVS Health Corp | 3.625% | 4/01/27 | BBB | 423,427 | |
80 | CVS Health Corp | 1.875% | 2/28/31 | BBB | 74,155 | |
300 | CVS Health Corp | 2.125% | 9/15/31 | BBB | 282,700 | |
150 | CVS Health Corp | 2.700% | 8/21/40 | BBB | 133,991 | |
150 | CVS Health Corp | 4.250% | 4/01/50 | BBB | 167,263 | |
100 | Danaher Corp | 2.800% | 12/10/51 | BBB+ | 90,535 | |
124 | Deere & Co | 3.900% | 6/09/42 | A | 139,662 | |
14 | Dell International LLC / EMC Corp | 5.450% | 6/15/23 | BBB | 14,635 | |
100 | Dell International LLC / EMC Corp | 5.850% | 7/15/25 | BBB | 111,133 | |
82 | Dell International LLC / EMC Corp | 8.100% | 7/15/36 | BBB | 117,937 | |
172 | Discovery Communications LLC | 3.625% | 5/15/30 | BBB- | 177,271 | |
51 | Discovery Communications LLC | 6.350% | 6/01/40 | BBB- | 66,279 | |
46 | Discovery Communications LLC | 4.000% | 9/15/55 | BBB- | 44,684 |
Principal Amount (000) | Description (1) | Coupon | Maturity | Ratings (2) | Value | |
Industrial (continued) | ||||||
$ 12 | Dollar Tree Inc | 4.000% | 5/15/25 | BBB | $12,656 | |
100 | Dollar Tree Inc | 3.375% | 12/01/51 | BBB | 94,174 | |
30 | Dover Corp | 5.375% | 10/15/35 | BBB+ | 36,670 | |
141 | Dow Chemical Co | 4.250% | 10/01/34 | BBB | 155,391 | |
100 | DR Horton Inc | 1.300% | 10/15/26 | BBB | 95,476 | |
126 | DuPont de Nemours Inc | 4.725% | 11/15/28 | BBB+ | 141,827 | |
120 | DuPont de Nemours Inc | 5.319% | 11/15/38 | BBB+ | 147,526 | |
100 | DXC Technology Co | 1.800% | 9/15/26 | BBB | 96,739 | |
120 | Eastern Gas Transmission & Storage Inc, 144A | 4.800% | 11/01/43 | A | 137,303 | |
48 | Eaton Corp | 3.103% | 9/15/27 | BBB+ | 50,009 | |
42 | Eaton Corp | 4.000% | 11/02/32 | BBB+ | 46,763 | |
124 | eBay Inc | 2.700% | 3/11/30 | BBB+ | 123,013 | |
86 | Ecolab Inc | 3.250% | 12/01/27 | A- | 91,262 | |
100 | Ecolab Inc | 2.700% | 12/15/51 | A- | 90,426 | |
52 | Electronic Arts Inc | 1.850% | 2/15/31 | BBB+ | 48,326 | |
25 | Eli Lilly & Co | 3.375% | 3/15/29 | A+ | 26,728 | |
100 | Emerson Electric Co | 2.000% | 12/21/28 | A | 97,506 | |
50 | Emerson Electric Co | 1.950% | 10/15/30 | A | 47,721 | |
160 | Enbridge Inc | 3.125% | 11/15/29 | BBB+ | 163,474 | |
90 | Enbridge Inc | 4.500% | 6/10/44 | BBB+ | 97,563 | |
120 | Enterprise Products Operating LLC | 7.550% | 4/15/38 | BBB+ | 168,251 | |
100 | Enterprise Products Operating LLC | 4.850% | 3/15/44 | BBB+ | 113,317 | |
60 | Equifax Inc | 2.600% | 12/15/25 | BBB | 60,884 | |
140 | Equinix Inc | 2.625% | 11/18/24 | BBB | 142,049 | |
20 | Equinix Inc | 2.150% | 7/15/30 | BBB | 18,728 | |
100 | Equinix Inc | 2.500% | 5/15/31 | BBB | 95,729 | |
110 | Estee Lauder Cos Inc | 2.600% | 4/15/30 | A+ | 111,098 | |
150 | Fidelity National Information Services Inc | 1.650% | 3/01/28 | BBB | 142,015 | |
254 | Fiserv Inc | 3.500% | 7/01/29 | BBB | 263,581 | |
50 | Flex Ltd | 4.875% | 6/15/29 | BBB- | 55,348 | |
30 | Flowserve Corp | 2.800% | 1/15/32 | BBB- | 28,240 | |
10 | Fomento Economico Mexicano SAB de CV | 4.375% | 5/10/43 | A | 11,425 | |
79 | Fomento Economico Mexicano SAB de CV | 3.500% | 1/16/50 | A | 78,951 | |
30 | Fortive Corp | 3.150% | 6/15/26 | BBB+ | 31,262 | |
174 | General Mills Inc | 2.875% | 4/15/30 | BBB | 176,390 | |
100 | Genuine Parts Co | 2.750% | 2/01/32 | BBB+ | 97,225 | |
160 | Gilead Sciences Inc | 4.600% | 9/01/35 | A- | 187,170 | |
296 | Gilead Sciences Inc | 4.000% | 9/01/36 | A- | 326,846 | |
30 | Gilead Sciences Inc | 5.650% | 12/01/41 | A- | 38,952 | |
50 | GlaxoSmithKline Capital Inc | 3.625% | 5/15/25 | A | 52,727 | |
30 | GlaxoSmithKline Capital PLC | 3.000% | 6/01/24 | A | 31,014 |
Principal Amount (000) | Description (1) | Coupon | Maturity | Ratings (2) | Value | |
Industrial (continued) | ||||||
$ 230 | GlaxoSmithKline Capital PLC | 3.375% | 6/01/29 | A | $243,337 | |
150 | Halliburton Co | 4.850% | 11/15/35 | BBB+ | 171,376 | |
30 | Harley-Davidson Inc | 4.625% | 7/28/45 | BBB- | 30,767 | |
10 | Hasbro Inc | 3.500% | 9/15/27 | BBB- | 10,440 | |
100 | Hasbro Inc | 3.900% | 11/19/29 | BBB- | 106,451 | |
106 | HCA Inc | 4.125% | 6/15/29 | BBB- | 112,916 | |
100 | HCA Inc | 5.125% | 6/15/39 | BBB- | 115,605 | |
100 | HCA Inc | 3.500% | 7/15/51 | BBB- | 92,517 | |
50 | Hewlett Packard Enterprise Co | 2.250% | 4/01/23 | BBB | 50,458 | |
50 | Hewlett Packard Enterprise Co | 6.200% | 10/15/35 | BBB | 63,206 | |
30 | Home Depot Inc | 2.625% | 6/01/22 | A | 30,168 | |
9 | Home Depot Inc | 2.800% | 9/14/27 | A | 9,335 | |
40 | Home Depot Inc | 1.500% | 9/15/28 | A | 38,395 | |
10 | Home Depot Inc | 2.950% | 6/15/29 | A | 10,332 | |
299 | Home Depot Inc | 5.400% | 9/15/40 | A | 384,297 | |
100 | Home Depot Inc | 5.950% | 4/01/41 | A | 136,264 | |
10 | Home Depot Inc | 4.400% | 3/15/45 | A | 11,721 | |
90 | Home Depot Inc | 3.125% | 12/15/49 | A | 87,904 | |
100 | Hormel Foods Corp | 1.700% | 6/03/28 | A+ | 97,339 | |
100 | HP Inc | 1.450% | 6/17/26 | BBB | 96,169 | |
80 | HP Inc | 3.400% | 6/17/30 | BBB | 81,861 | |
20 | IDEX Corp | 2.625% | 6/15/31 | BBB | 19,674 | |
60 | Illinois Tool Works Inc | 4.875% | 9/15/41 | A+ | 75,613 | |
392 | Intel Corp | 2.450% | 11/15/29 | A+ | 390,882 | |
10 | Intel Corp | 4.000% | 12/15/32 | A+ | 11,262 | |
100 | Intel Corp | 4.600% | 3/25/40 | A+ | 117,418 | |
100 | Intel Corp | 2.800% | 8/12/41 | A+ | 93,490 | |
40 | Intel Corp | 4.250% | 12/15/42 | A+ | 45,407 | |
60 | Intel Corp | 4.100% | 5/11/47 | A+ | 66,869 | |
20 | International Business Machines Corp | 7.000% | 10/30/25 | A- | 23,496 | |
270 | International Business Machines Corp | 3.300% | 5/15/26 | A- | 282,163 | |
20 | International Business Machines Corp | 1.700% | 5/15/27 | A- | 19,440 | |
78 | International Business Machines Corp | 1.950% | 5/15/30 | A- | 73,763 | |
72 | International Business Machines Corp | 5.600% | 11/30/39 | A- | 92,626 | |
90 | International Business Machines Corp | 4.700% | 2/19/46 | A- | 108,611 | |
28 | International Flavors & Fragrances Inc | 3.200% | 5/01/23 | BBB | 28,488 | |
10 | International Flavors & Fragrances Inc | 4.375% | 6/01/47 | BBB | 11,061 | |
10 | International Flavors & Fragrances Inc | 5.000% | 9/26/48 | BBB | 12,119 | |
45 | International Paper Co | 4.800% | 6/15/44 | BBB | 53,256 | |
30 | International Paper Co | 4.350% | 8/15/48 | BBB | 34,248 | |
60 | Interpublic Group of Cos Inc | 2.400% | 3/01/31 | BBB | 58,077 |
Principal Amount (000) | Description (1) | Coupon | Maturity | Ratings (2) | Value | |
Industrial (continued) | ||||||
$ 48 | Intuit Inc | 1.350% | 7/15/27 | A- | $45,876 | |
10 | Intuit Inc | 1.650% | 7/15/30 | A- | 9,315 | |
100 | J M Smucker Co | 2.750% | 9/15/41 | BBB | 91,691 | |
100 | Jabil Inc | 1.700% | 4/15/26 | BBB- | 97,615 | |
100 | John Deere Capital Corp | 0.900% | 1/10/24 | A | 99,109 | |
100 | John Deere Capital Corp | 0.450% | 1/17/24 | A | 98,263 | |
100 | John Deere Capital Corp | 0.450% | 6/07/24 | A | 97,554 | |
100 | John Deere Capital Corp, (3) | 0.625% | 9/10/24 | A | 97,576 | |
100 | John Deere Capital Corp | 1.300% | 10/13/26 | A | 97,400 | |
50 | Johnson Controls International plc | 5.125% | 9/14/45 | BBB+ | 61,959 | |
10 | Johnson Controls International plc / Tyco Fire & Security Finance SCA | 1.750% | 9/15/30 | BBB+ | 9,360 | |
30 | Johnson Controls International plc / Tyco Fire & Security Finance SCA | 2.000% | 9/16/31 | BBB+ | 28,045 | |
70 | Kansas City Southern/Old | 4.300% | 5/15/43 | BBB | 77,085 | |
115 | Kellogg Co | 2.650% | 12/01/23 | BBB | 117,404 | |
179 | Keurig Dr Pepper Inc | 3.130% | 12/15/23 | BBB | 183,789 | |
80 | Keurig Dr Pepper Inc | 2.550% | 9/15/26 | BBB | 81,039 | |
50 | Keysight Technologies Inc | 3.000% | 10/30/29 | BBB | 50,878 | |
10 | Kimberly-Clark Corp | 3.950% | 11/01/28 | A | 11,032 | |
100 | Kimberly-Clark Corp | 2.000% | 11/02/31 | A | 96,070 | |
48 | Kimberly-Clark Corp | 6.625% | 8/01/37 | A | 69,831 | |
69 | Kimberly-Clark Corp | 5.300% | 3/01/41 | A | 88,726 | |
100 | Kinder Morgan Inc | 1.750% | 11/15/26 | BBB | 97,419 | |
450 | Kinder Morgan Inc | 5.300% | 12/01/34 | BBB | 517,788 | |
10 | Koninklijke KPN NV | 8.375% | 10/01/30 | BBB | 13,872 | |
10 | Kroger Co | 2.200% | 5/01/30 | BBB+ | 9,631 | |
160 | Kroger Co | 6.900% | 4/15/38 | BBB+ | 222,647 | |
9 | Kroger Co | 5.400% | 7/15/40 | BBB+ | 11,205 | |
100 | Laboratory Corp of America Holdings | 1.550% | 6/01/26 | BBB | 96,957 | |
100 | Laboratory Corp of America Holdings | 2.700% | 6/01/31 | BBB | 98,518 | |
10 | Lam Research Corp | 1.900% | 6/15/30 | A | 9,541 | |
90 | Lam Research Corp | 3.125% | 6/15/60 | A | 84,915 | |
100 | Lear Corp | 2.600% | 1/15/32 | BBB | 95,345 | |
30 | Leggett & Platt Inc | 4.400% | 3/15/29 | BBB | 32,810 | |
100 | Leggett & Platt Inc | 3.500% | 11/15/51 | BBB | 94,877 | |
10 | Linde Inc/CT | 1.100% | 8/10/30 | A | 9,058 | |
10 | Lowe's Cos Inc | 4.500% | 4/15/30 | BBB+ | 11,269 | |
100 | Lowe's Cos Inc | 2.625% | 4/01/31 | BBB+ | 98,494 | |
300 | Lowe's Cos Inc | 5.000% | 4/15/40 | BBB+ | 352,908 | |
60 | Magna International Inc | 2.450% | 6/15/30 | A- | 59,118 | |
150 | Marathon Petroleum Corp | 4.750% | 9/15/44 | BBB | 164,000 | |
100 | Martin Marietta Materials Inc | 3.200% | 7/15/51 | BBB | 94,152 |
Principal Amount (000) | Description (1) | Coupon | Maturity | Ratings (2) | Value | |
Industrial (continued) | ||||||
$ 100 | Marvell Technology Inc | 2.450% | 4/15/28 | BBB- | $98,273 | |
50 | Masco Corp | 2.000% | 2/15/31 | BBB | 46,464 | |
20 | Mastercard Inc | 2.950% | 6/01/29 | A+ | 20,857 | |
144 | Mastercard Inc | 3.350% | 3/26/30 | A+ | 154,051 | |
100 | Mastercard Inc | 2.000% | 11/18/31 | A+ | 96,223 | |
40 | Mastercard Inc | 3.800% | 11/21/46 | A+ | 44,423 | |
160 | McDonald's Corp | 3.300% | 7/01/25 | BBB+ | 167,067 | |
250 | McDonald's Corp | 4.200% | 4/01/50 | BBB+ | 279,997 | |
100 | MDC Holdings Inc | 3.966% | 8/06/61 | BBB- | 88,575 | |
100 | Merck & Co Inc | 1.900% | 12/10/28 | A+ | 97,848 | |
200 | Merck & Co Inc | 1.450% | 6/24/30 | A+ | 185,336 | |
100 | Merck & Co Inc | 2.750% | 12/10/51 | A+ | 91,732 | |
20 | Micron Technology Inc | 4.975% | 2/06/26 | BBB- | 21,809 | |
80 | Micron Technology Inc | 4.185% | 2/15/27 | BBB- | 85,250 | |
50 | Microsoft Corp | 3.300% | 2/06/27 | AAA | 53,022 | |
211 | Microsoft Corp | 3.450% | 8/08/36 | AAA | 229,881 | |
776 | Microsoft Corp | 2.921% | 3/17/52 | AAA | 758,684 | |
38 | Moody's Corp | 2.625% | 1/15/23 | BBB+ | 38,486 | |
100 | Moody's Corp | 2.000% | 8/19/31 | BBB+ | 93,834 | |
10 | Moody's Corp | 5.250% | 7/15/44 | BBB+ | 12,735 | |
50 | Mosaic Co | 4.875% | 11/15/41 | BBB- | 55,713 | |
100 | Motorola Solutions Inc | 2.750% | 5/24/31 | BBB- | 96,957 | |
120 | MPLX LP | 2.650% | 8/15/30 | BBB | 115,825 | |
100 | National Fuel Gas Co | 5.500% | 1/15/26 | BBB- | 109,674 | |
50 | NetApp Inc | 2.375% | 6/22/27 | BBB+ | 49,972 | |
164 | NIKE Inc | 2.850% | 3/27/30 | AA- | 168,912 | |
100 | Norfolk Southern Corp | 2.300% | 5/15/31 | BBB+ | 97,552 | |
32 | Norfolk Southern Corp | 4.837% | 10/01/41 | BBB+ | 38,363 | |
100 | Norfolk Southern Corp | 2.900% | 8/25/51 | BBB+ | 91,676 | |
50 | NOV Inc | 3.950% | 12/01/42 | BBB+ | 47,180 | |
150 | Novartis Capital Corp | 2.200% | 8/14/30 | AA- | 146,961 | |
100 | Novartis Capital Corp | 4.400% | 5/06/44 | AA- | 119,956 | |
210 | Nutrien Ltd | 4.200% | 4/01/29 | BBB | 229,460 | |
100 | NVIDIA Corp | 2.000% | 6/15/31 | A | 95,812 | |
50 | NVIDIA Corp | 3.500% | 4/01/40 | A | 52,902 | |
30 | NVR Inc | 3.000% | 5/15/30 | BBB+ | 30,189 | |
100 | NXP BV / NXP Funding LLC / NXP USA Inc, 144A | 3.150% | 5/01/27 | BBB | 102,547 | |
100 | NXP BV / NXP Funding LLC / NXP USA Inc, 144A | 2.500% | 5/11/31 | BBB | 95,737 | |
100 | NXP BV / NXP Funding LLC / NXP USA Inc, 144A | 2.650% | 2/15/32 | BBB | 96,144 | |
273 | ONEOK Inc | 4.550% | 7/15/28 | BBB | 292,058 | |
19 | ONEOK Inc | 4.350% | 3/15/29 | BBB | 20,196 |
Principal Amount (000) | Description (1) | Coupon | Maturity | Ratings (2) | Value | |
Industrial (continued) | ||||||
$ 120 | Orange SA | 5.375% | 1/13/42 | BBB+ | $149,866 | |
60 | Otis Worldwide Corp | 3.112% | 2/15/40 | BBB | 58,248 | |
10 | Owens Corning | 3.400% | 8/15/26 | BBB | 10,480 | |
50 | Owens Corning | 3.875% | 6/01/30 | BBB | 53,259 | |
100 | PACCAR Financial Corp, (3) | 0.500% | 8/09/24 | A+ | 97,180 | |
100 | PACCAR Financial Corp | 2.000% | 2/04/27 | N/R | 99,868 | |
10 | Parker-Hannifin Corp, (3) | 3.250% | 3/01/27 | BBB+ | 10,468 | |
104 | Parker-Hannifin Corp | 4.200% | 11/21/34 | BBB+ | 115,201 | |
10 | Parker-Hannifin Corp | 4.450% | 11/21/44 | BBB+ | 11,453 | |
150 | PayPal Holdings Inc | 2.850% | 10/01/29 | A- | 153,633 | |
60 | PepsiCo Inc | 3.500% | 7/17/25 | A+ | 63,368 | |
20 | PepsiCo Inc | 2.375% | 10/06/26 | A+ | 20,462 | |
100 | PepsiCo Inc | 1.625% | 5/01/30 | A+ | 94,403 | |
364 | PepsiCo Inc | 2.875% | 10/15/49 | A+ | 352,122 | |
100 | PerkinElmer Inc | 2.250% | 9/15/31 | BBB | 93,166 | |
50 | PPG Industries Inc | 3.750% | 3/15/28 | A- | 54,253 | |
100 | Procter & Gamble Co | 1.000% | 4/23/26 | AA- | 97,042 | |
200 | Procter & Gamble Co | 3.000% | 3/25/30 | AA- | 210,900 | |
25 | PulteGroup Inc | 5.000% | 1/15/27 | BBB- | 27,743 | |
21 | PVH Corp | 4.625% | 7/10/25 | BBB- | 22,466 | |
100 | Qorvo Inc, 144A | 1.750% | 12/15/24 | BBB- | 98,121 | |
100 | Quanta Services Inc | 2.350% | 1/15/32 | BBB- | 92,787 | |
28 | Quest Diagnostics Inc | 4.250% | 4/01/24 | BBB | 29,308 | |
50 | Quest Diagnostics Inc | 3.450% | 6/01/26 | BBB | 52,228 | |
40 | Regeneron Pharmaceuticals Inc | 1.750% | 9/15/30 | BBB+ | 36,392 | |
10 | Republic Services Inc | 3.375% | 11/15/27 | BBB | 10,489 | |
70 | Republic Services Inc | 3.950% | 5/15/28 | BBB | 75,763 | |
18 | Republic Services Inc | 2.300% | 3/01/30 | BBB | 17,516 | |
40 | Republic Services Inc | 1.450% | 2/15/31 | BBB | 36,208 | |
10 | Rockwell Automation Inc, (3) | 0.350% | 8/15/23 | A | 9,863 | |
40 | Rockwell Automation Inc | 4.200% | 3/01/49 | A | 47,425 | |
140 | Rogers Communications Inc | 5.450% | 10/01/43 | BBB+ | 170,274 | |
36 | Roper Technologies Inc | 3.125% | 11/15/22 | BBB+ | 36,430 | |
100 | Roper Technologies Inc | 3.800% | 12/15/26 | BBB+ | 105,892 | |
114 | Ryder System Inc | 2.500% | 9/01/24 | BBB | 115,832 | |
100 | Sabine Pass Liquefaction LLC | 5.875% | 6/30/26 | BBB- | 112,722 | |
150 | Sabine Pass Liquefaction LLC | 4.500% | 5/15/30 | BBB- | 164,476 | |
100 | salesforce.com Inc | 2.700% | 7/15/41 | A+ | 94,217 | |
100 | salesforce.com Inc | 2.900% | 7/15/51 | A+ | 94,950 | |
10 | Schlumberger Finance Canada Ltd | 1.400% | 9/17/25 | A | 9,817 | |
100 | Schlumberger Investment SA | 2.650% | 6/26/30 | A | 99,167 |
Principal Amount (000) | Description (1) | Coupon | Maturity | Ratings (2) | Value | |
Industrial (continued) | ||||||
$ 131 | Sherwin-Williams Co | 2.950% | 8/15/29 | BBB | $133,678 | |
30 | Sherwin-Williams Co | 4.500% | 6/01/47 | BBB | 34,662 | |
100 | Sherwin-Williams Co | 2.900% | 3/15/52 | BBB | 90,470 | |
100 | Shire Acquisitions Investments Ireland DAC | 2.875% | 9/23/23 | BBB+ | 101,903 | |
100 | Sonoco Products Co | 2.850% | 2/01/32 | BBB | 98,620 | |
100 | Stanley Black & Decker Inc | 4.250% | 11/15/28 | A- | 109,958 | |
10 | Stanley Black & Decker Inc | 4.000% | 3/15/60 | BBB | 10,152 | |
10 | Starbucks Corp | 3.500% | 3/01/28 | BBB+ | 10,519 | |
172 | Starbucks Corp | 3.550% | 8/15/29 | BBB+ | 181,744 | |
10 | Starbucks Corp | 4.300% | 6/15/45 | BBB+ | 10,929 | |
50 | Starbucks Corp | 3.750% | 12/01/47 | BBB+ | 51,278 | |
50 | Takeda Pharmaceutical Co Ltd | 3.375% | 7/09/60 | BBB+ | 47,417 | |
100 | Tapestry Inc | 3.050% | 3/15/32 | BBB | 96,462 | |
21 | Target Corp | 3.375% | 4/15/29 | A | 22,457 | |
190 | Target Corp | 2.350% | 2/15/30 | A | 188,603 | |
12 | Target Corp | 6.500% | 10/15/37 | A | 17,182 | |
9 | Target Corp | 3.900% | 11/15/47 | A | 10,269 | |
50 | TC PipeLines LP | 3.900% | 5/25/27 | BBB+ | 53,508 | |
60 | Teledyne Technologies Inc | 2.250% | 4/01/28 | BBB- | 58,820 | |
20 | Telefonica Emisiones SA | 4.103% | 3/08/27 | BBB- | 21,437 | |
21 | Telefonica Emisiones SA | 7.045% | 6/20/36 | BBB- | 28,524 | |
90 | Telefonica Emisiones SA | 5.520% | 3/01/49 | BBB- | 109,507 | |
50 | Telefonica Europe BV | 8.250% | 9/15/30 | BBB- | 68,882 | |
50 | TELUS Corp | 3.700% | 9/15/27 | BBB+ | 53,030 | |
60 | Texas Instruments Inc | 1.750% | 5/04/30 | AA- | 57,210 | |
100 | Texas Instruments Inc | 1.900% | 9/15/31 | AA- | 95,454 | |
100 | Thermo Fisher Scientific Inc | 2.800% | 10/15/41 | BBB+ | 94,803 | |
40 | Thomson Reuters Corp | 3.350% | 5/15/26 | BBB | 41,687 | |
132 | Toyota Motor Corp | 2.760% | 7/02/29 | A+ | 135,818 | |
60 | Toyota Motor Credit Corp | 0.400% | 4/06/23 | A+ | 59,521 | |
100 | Toyota Motor Credit Corp | 0.450% | 1/11/24 | A+ | 98,130 | |
12 | Toyota Motor Credit Corp | 2.900% | 4/17/24 | A+ | 12,350 | |
100 | Toyota Motor Credit Corp | 0.625% | 9/13/24 | A+ | 97,317 | |
60 | Toyota Motor Credit Corp, (3) | 2.000% | 10/07/24 | A+ | 60,485 | |
100 | Toyota Motor Credit Corp | 1.450% | 1/13/25 | A+ | 99,247 | |
100 | Toyota Motor Credit Corp | 1.125% | 6/18/26 | A+ | 96,711 | |
10 | Toyota Motor Credit Corp | 3.650% | 1/08/29 | A+ | 10,873 | |
78 | Trane Technologies Global Holding Co Ltd | 4.250% | 6/15/23 | BBB | 80,891 | |
10 | Trane Technologies Luxembourg Finance SA | 3.800% | 3/21/29 | BBB | 10,621 | |
50 | Transcontinental Gas Pipe Line Co LLC | 7.850% | 2/01/26 | BBB+ | 59,892 | |
150 | Transcontinental Gas Pipe Line Co LLC | 3.250% | 5/15/30 | BBB+ | 154,017 |
Principal Amount (000) | Description (1) | Coupon | Maturity | Ratings (2) | Value | |
Industrial (continued) | ||||||
$ 50 | Transcontinental Gas Pipe Line Co LLC | 3.950% | 5/15/50 | BBB+ | $51,542 | |
211 | TWDC Enterprises 18 Corp | 2.350% | 12/01/22 | A- | 213,436 | |
39 | TWDC Enterprises 18 Corp | 3.150% | 9/17/25 | A- | 40,520 | |
20 | TWDC Enterprises 18 Corp | 4.375% | 8/16/41 | A- | 22,748 | |
10 | TWDC Enterprises 18 Corp | 4.125% | 12/01/41 | A- | 11,097 | |
80 | Unilever Capital Corp | 3.125% | 3/22/23 | A+ | 81,741 | |
10 | Unilever Capital Corp | 2.600% | 5/05/24 | A+ | 10,186 | |
18 | Unilever Capital Corp | 3.100% | 7/30/25 | A+ | 18,715 | |
21 | Unilever Capital Corp | 2.000% | 7/28/26 | A+ | 20,967 | |
100 | Unilever Capital Corp | 1.750% | 8/12/31 | A+ | 93,088 | |
240 | Union Pacific Corp | 2.400% | 2/05/30 | A- | 237,716 | |
90 | Union Pacific Corp | 3.550% | 8/15/39 | A- | 93,694 | |
100 | Union Pacific Corp | 3.200% | 5/20/41 | A- | 100,424 | |
100 | Union Pacific Corp | 2.950% | 3/10/52 | A- | 93,962 | |
100 | United Parcel Service Inc | 4.450% | 4/01/30 | A | 114,410 | |
150 | United Parcel Service Inc | 5.200% | 4/01/40 | A | 192,900 | |
10 | Valero Energy Corp | 4.350% | 6/01/28 | BBB | 10,766 | |
160 | Valero Energy Corp | 4.000% | 4/01/29 | BBB | 169,138 | |
100 | Valero Energy Corp | 2.800% | 12/01/31 | BBB | 95,255 | |
52 | Valero Energy Partners LP | 4.375% | 12/15/26 | BBB | 56,126 | |
70 | Valmont Industries Inc | 5.250% | 10/01/54 | BBB- | 84,136 | |
100 | Verisk Analytics Inc | 4.125% | 3/15/29 | BBB | 108,057 | |
39 | Verizon Communications Inc | 4.016% | 12/03/29 | BBB+ | 42,351 | |
100 | Verizon Communications Inc | 1.500% | 9/18/30 | BBB+ | 90,684 | |
605 | Verizon Communications Inc, 144A | 2.355% | 3/15/32 | BBB+ | 574,522 | |
280 | Verizon Communications Inc | 5.250% | 3/16/37 | BBB+ | 346,559 | |
200 | Verizon Communications Inc | 4.812% | 3/15/39 | BBB+ | 236,320 | |
100 | Verizon Communications Inc | 2.850% | 9/03/41 | BBB+ | 93,348 | |
300 | Verizon Communications Inc | 5.500% | 3/16/47 | BBB+ | 397,099 | |
40 | VF Corp | 2.800% | 4/23/27 | A- | 41,021 | |
300 | ViacomCBS Inc | 4.200% | 5/19/32 | BBB | 325,527 | |
240 | Visa Inc | 2.050% | 4/15/30 | AA- | 234,969 | |
189 | Visa Inc | 4.150% | 12/14/35 | AA- | 215,837 | |
100 | VMware Inc | 1.400% | 8/15/26 | BBB- | 95,790 | |
20 | Vodafone Group PLC | 2.500% | 9/26/22 | BBB | 20,221 | |
30 | Vodafone Group PLC | 2.950% | 2/19/23 | BBB | 30,508 | |
10 | Vodafone Group PLC | 4.125% | 5/30/25 | BBB | 10,609 | |
173 | Vodafone Group PLC | 6.150% | 2/27/37 | BBB | 223,685 | |
80 | Vodafone Group PLC | 5.250% | 5/30/48 | BBB | 96,222 | |
200 | Walgreens Boots Alliance Inc, (3) | 3.200% | 4/15/30 | BBB | 205,536 | |
200 | Walmart Inc | 1.500% | 9/22/28 | AA | 192,924 |
Principal Amount (000) | Description (1) | Coupon | Maturity | Ratings (2) | Value | |
Industrial (continued) | ||||||
$ 21 | Walmart Inc | 2.375% | 9/24/29 | AA | $21,289 | |
400 | Walmart Inc | 1.800% | 9/22/31 | AA | 381,514 | |
40 | Walt Disney Co | 2.650% | 1/13/31 | A- | 39,808 | |
130 | Walt Disney Co | 6.400% | 12/15/35 | A- | 176,710 | |
12 | Walt Disney Co | 4.750% | 9/15/44 | A- | 14,321 | |
60 | Walt Disney Co | 4.950% | 10/15/45 | A- | 73,956 | |
270 | Walt Disney Co | 2.750% | 9/01/49 | A- | 242,442 | |
100 | Waste Connections Inc | 2.200% | 1/15/32 | BBB+ | 94,542 | |
60 | Waste Management Inc | 3.150% | 11/15/27 | BBB+ | 62,532 | |
30 | Waste Management Inc | 1.150% | 3/15/28 | BBB+ | 27,832 | |
30 | Waste Management Inc | 2.000% | 6/01/29 | BBB+ | 29,153 | |
10 | Waste Management Inc | 1.500% | 3/15/31 | BBB+ | 9,085 | |
40 | Western Union Co | 2.850% | 1/10/25 | BBB | 40,755 | |
10 | Western Union Co | 6.200% | 11/17/36 | BBB | 11,799 | |
190 | Williams Cos Inc | 2.600% | 3/15/31 | BBB | 182,831 | |
120 | WRKCo Inc | 4.000% | 3/15/28 | BBB | 129,508 | |
50 | WW Grainger Inc | 1.850% | 2/15/25 | A+ | 50,097 | |
10 | Xylem Inc/NY | 2.250% | 1/30/31 | BBB | 9,559 | |
10 | Zoetis Inc | 3.250% | 2/01/23 | BBB+ | 10,163 | |
10 | Zoetis Inc | 4.500% | 11/13/25 | BBB+ | 10,809 | |
126 | Zoetis Inc | 3.900% | 8/20/28 | BBB+ | 135,921 | |
9 | Zoetis Inc | 2.000% | 5/15/30 | BBB+ | 8,558 | |
40,876 | Total Industrial | 42,568,110 | ||||
Utility – 2.3% | ||||||
10 | AEP Texas Inc | 2.400% | 10/01/22 | BBB+ | 10,090 | |
12 | AEP Texas Inc | 4.150% | 5/01/49 | BBB+ | 12,797 | |
30 | Alabama Power Co | 1.450% | 9/15/30 | A+ | 27,349 | |
111 | Alabama Power Co | 6.000% | 3/01/39 | A+ | 148,799 | |
100 | Alabama Power Co | 3.000% | 3/15/52 | A+ | 92,694 | |
10 | Ameren Corp | 1.950% | 3/15/27 | BBB+ | 9,831 | |
100 | American Electric Power Co Inc | 2.031% | 3/15/24 | BBB- | 100,100 | |
100 | American Water Capital Corp | 2.800% | 5/01/30 | A | 100,923 | |
100 | American Water Capital Corp | 2.300% | 6/01/31 | A | 96,798 | |
100 | Appalachian Power Co | 4.400% | 5/15/44 | A- | 109,954 | |
100 | Arizona Public Service Co | 3.350% | 5/15/50 | A- | 95,279 | |
100 | Atmos Energy Corp | 2.625% | 9/15/29 | A+ | 99,800 | |
100 | Atmos Energy Corp | 2.850% | 2/15/52 | A+ | 90,753 | |
210 | Berkshire Hathaway Energy Co | 5.150% | 11/15/43 | A- | 255,759 | |
100 | CenterPoint Energy Inc | 1.450% | 6/01/26 | BBB | 96,972 | |
90 | CenterPoint Energy Resources Corp | 4.100% | 9/01/47 | A- | 98,347 |
Principal Amount (000) | Description (1) | Coupon | Maturity | Ratings (2) | Value | |
Utility (continued) | ||||||
$ 121 | Commonwealth Edison Co | 6.450% | 1/15/38 | A | $165,809 | |
100 | Commonwealth Edison Co | 2.750% | 9/01/51 | A | 90,773 | |
100 | Connecticut Light and Power Co | 2.050% | 7/01/31 | A+ | 95,870 | |
40 | Consolidated Edison Co of New York Inc | 2.400% | 6/15/31 | A- | 38,918 | |
124 | Consolidated Edison Co of New York Inc | 5.500% | 12/01/39 | A- | 154,021 | |
10 | Consolidated Edison Co of New York Inc | 4.300% | 12/01/56 | A- | 11,201 | |
10 | Consolidated Edison Co of New York Inc | 4.500% | 5/15/58 | A- | 11,412 | |
21 | Consolidated Edison Co of New York Inc | 3.000% | 12/01/60 | A- | 18,568 | |
10 | Consumers Energy Co | 0.350% | 6/01/23 | A+ | 9,885 | |
90 | Consumers Energy Co | 3.500% | 8/01/51 | A+ | 94,293 | |
30 | Dominion Energy Inc | 1.450% | 4/15/26 | BBB | 29,109 | |
10 | Dominion Energy Inc | 2.250% | 8/15/31 | BBB | 9,517 | |
100 | Dominion Energy South Carolina Inc | 2.300% | 12/01/31 | A | 97,182 | |
10 | DTE Electric Co | 2.625% | 3/01/31 | A+ | 10,052 | |
126 | DTE Energy Co | 2.950% | 3/01/30 | BBB | 126,788 | |
51 | Duke Energy Carolinas LLC | 2.450% | 2/01/30 | AA- | 50,308 | |
100 | Duke Energy Carolinas LLC | 2.550% | 4/15/31 | AA- | 99,633 | |
60 | Duke Energy Carolinas LLC | 4.250% | 12/15/41 | AA- | 67,135 | |
100 | Duke Energy Corp | 2.550% | 6/15/31 | BBB | 96,693 | |
100 | Duke Energy Corp | 4.800% | 12/15/45 | BBB | 115,890 | |
100 | Duke Energy Florida LLC | 2.400% | 12/15/31 | A+ | 97,737 | |
30 | Emera US Finance LP | 4.750% | 6/15/46 | BBB- | 33,640 | |
10 | Enel Generacion Chile SA | 4.250% | 4/15/24 | A- | 10,325 | |
157 | Entergy Louisiana LLC | 4.000% | 3/15/33 | A | 174,157 | |
100 | Essential Utilities Inc | 2.400% | 5/01/31 | A- | 96,054 | |
10 | Exelon Corp | 4.950% | 6/15/35 | BBB | 11,406 | |
100 | Florida Power & Light Co | 2.450% | 2/03/32 | AA- | 99,010 | |
191 | Florida Power & Light Co | 5.950% | 2/01/38 | AA- | 254,836 | |
48 | Interstate Power and Light Co | 3.600% | 4/01/29 | A- | 51,076 | |
100 | National Rural Utilities Cooperative Finance Corp, (WI/DD, Settling 2/07/22) | 2.750% | 4/15/32 | N/R | 99,634 | |
100 | NextEra Energy Capital Holdings Inc | 1.900% | 6/15/28 | BBB+ | 96,916 | |
100 | NiSource Inc | 3.600% | 5/01/30 | BBB | 105,000 | |
117 | Northern States Power Co/MN | 6.200% | 7/01/37 | A+ | 162,713 | |
12 | NSTAR Electric Co | 5.500% | 3/15/40 | A+ | 15,599 | |
100 | Oncor Electric Delivery Co LLC, 144A | 2.750% | 5/15/30 | A | 101,575 | |
100 | Piedmont Natural Gas Co Inc | 2.500% | 3/15/31 | A- | 96,520 | |
36 | Potomac Electric Power Co | 6.500% | 11/15/37 | A | 50,248 | |
50 | PPL Capital Funding Inc | 3.100% | 5/15/26 | BBB+ | 51,509 | |
18 | Public Service Co of Colorado | 6.500% | 8/01/38 | A+ | 25,996 | |
50 | Public Service Co of New Hampshire | 2.200% | 6/15/31 | A+ | 48,356 | |
20 | Public Service Co of Oklahoma | 2.200% | 8/15/31 | A- | 19,039 |
Principal Amount (000) | Description (1) | Coupon | Maturity | Ratings (2) | Value | |
Utility (continued) | ||||||
$ 20 | Public Service Electric and Gas Co | 1.900% | 8/15/31 | A+ | $18,886 | |
100 | Public Service Electric and Gas Co | 5.800% | 5/01/37 | A+ | 129,963 | |
10 | Public Service Enterprise Group Inc | 2.450% | 11/15/31 | BBB | 9,635 | |
30 | Puget Sound Energy Inc | 5.638% | 4/15/41 | A | 38,967 | |
43 | San Diego Gas & Electric Co | 4.150% | 5/15/48 | A | 48,805 | |
94 | Sempra Energy | 6.000% | 10/15/39 | BBB | 124,334 | |
60 | Southern California Edison Co | 0.975% | 8/01/24 | A- | 58,873 | |
12 | Southern California Edison Co | 6.650% | 4/01/29 | BBB | 14,331 | |
10 | Southern California Edison Co | 5.625% | 2/01/36 | A- | 12,099 | |
178 | Southern California Edison Co | 4.500% | 9/01/40 | A- | 191,208 | |
21 | Southern Co | 2.950% | 7/01/23 | BBB | 21,395 | |
30 | Southern Co | 3.750% | 9/15/51 | BBB- | 29,276 | |
100 | Southwestern Electric Power Co | 3.250% | 11/01/51 | BBB+ | 93,604 | |
12 | Tucson Electric Power Co | 3.050% | 3/15/25 | A- | 12,341 | |
30 | Tucson Electric Power Co | 3.250% | 5/01/51 | A- | 29,267 | |
50 | Union Electric Co | 2.150% | 3/15/32 | A | 47,814 | |
60 | Union Electric Co | 5.300% | 8/01/37 | A | 74,023 | |
222 | Virginia Electric and Power Co | 6.000% | 5/15/37 | A | 293,111 | |
100 | Virginia Electric and Power Co | 2.950% | 11/15/51 | A | 94,186 | |
100 | WEC Energy Group Inc | 2.200% | 12/15/28 | BBB+ | 97,452 | |
20 | Wisconsin Electric Power Co | 1.700% | 6/15/28 | A | 19,256 | |
10 | Wisconsin Power and Light Co | 1.950% | 9/16/31 | A | 9,448 | |
48 | Wisconsin Public Service Corp | 3.671% | 12/01/42 | A | 51,382 | |
40 | Xcel Energy Inc | 2.350% | 11/15/31 | BBB+ | 38,938 | |
5,635 | Total Utility | 6,099,242 | ||||
$ 67,742 | Total Corporate Debt (cost $72,603,649) | 70,432,309 |
Principal Amount (000) | Description (1) | Coupon | Maturity | Ratings (2) | Value | |
GOVERNMENT RELATED – 5.9% | ||||||
Government Agency – 2.4% | ||||||
$ 10 | Equinor ASA | 3.250% | 11/10/24 | AA | $10,413 | |
10 | Equinor ASA | 3.000% | 4/06/27 | AA | 10,344 | |
10 | Equinor ASA | 3.625% | 9/10/28 | AA | 10,694 | |
214 | Equinor ASA | 3.125% | 4/06/30 | AA | 223,347 | |
10 | Equinor ASA | 3.950% | 5/15/43 | AA | 10,946 | |
10 | Equinor ASA | 3.700% | 4/06/50 | AA | 10,720 | |
120 | Export Development Canada | 2.500% | 1/24/23 | AAA | 121,882 | |
390 | Federal Home Loan Banks | 2.375% | 9/08/23 | AAA | 397,801 | |
440 | Federal Home Loan Banks | 2.500% | 2/13/24 | AAA | 451,739 |
Principal Amount (000) | Description (1) | Coupon | Maturity | Ratings (2) | Value | |
Government Agency (continued) | ||||||
$ 240 | Federal Home Loan Banks | 2.875% | 6/14/24 | AAA | $248,696 | |
120 | Federal Home Loan Banks | 3.250% | 11/16/28 | AAA | 131,001 | |
100 | Federal National Mortgage Association | 0.300% | 8/03/23 | N/R | 98,939 | |
81 | Federal National Mortgage Association | 2.625% | 9/06/24 | N/R | 83,706 | |
70 | Federal National Mortgage Association | 1.625% | 1/07/25 | N/R | 70,401 | |
200 | Federal National Mortgage Association | 0.625% | 4/22/25 | N/R | 195,005 | |
200 | Federal National Mortgage Association | 0.500% | 6/17/25 | N/R | 193,846 | |
200 | Federal National Mortgage Association | 1.875% | 9/24/26 | N/R | 202,457 | |
529 | Federal National Mortgage Association | 5.625% | 7/15/37 | N/R | 763,170 | |
100 | Israel Government AID Bond | 5.500% | 12/04/23 | AAA | 107,656 | |
10 | Israel Government AID Bond | 5.500% | 9/18/33 | AAA | 13,488 | |
200 | Japan Bank for International Cooperation | 1.750% | 10/17/24 | A+ | 201,359 | |
99 | Japan Bank for International Cooperation | 2.500% | 5/28/25 | A+ | 101,767 | |
200 | Japan Bank for International Cooperation | 0.625% | 7/15/25 | A+ | 192,930 | |
180 | Japan Bank for International Cooperation | 2.875% | 6/01/27 | A+ | 188,875 | |
10 | Korea Development Bank | 2.750% | 3/19/23 | AA | 10,158 | |
100 | Korea Development Bank | 2.125% | 10/01/24 | AA | 101,572 | |
310 | Kreditanstalt fuer Wiederaufbau | 2.375% | 12/29/22 | AAA | 314,211 | |
774 | Kreditanstalt fuer Wiederaufbau | 2.500% | 11/20/24 | AAA | 797,468 | |
100 | Kreditanstalt fuer Wiederaufbau | 1.250% | 1/31/25 | AAA | 99,427 | |
9 | Kreditanstalt fuer Wiederaufbau | 0.375% | 7/18/25 | AAA | 8,654 | |
10 | Landwirtschaftliche Rentenbank | 3.125% | 11/14/23 | AAA | 10,341 | |
50 | Landwirtschaftliche Rentenbank | 2.000% | 1/13/25 | AAA | 50,800 | |
150 | Landwirtschaftliche Rentenbank | 0.500% | 5/27/25 | AAA | 145,034 | |
109 | Oesterreichische Kontrollbank AG | 3.125% | 11/07/23 | AA+ | 112,648 | |
100 | Oesterreichische Kontrollbank AG | 0.500% | 9/16/24 | AA+ | 97,701 | |
200 | Svensk Exportkredit AB | 1.750% | 12/12/23 | AA+ | 201,770 | |
61 | Tennessee Valley Authority | 4.700% | 7/15/33 | AAA | 75,701 | |
170 | Tennessee Valley Authority | 5.500% | 6/15/38 | AAA | 240,803 | |
16 | Tennessee Valley Authority | 5.250% | 9/15/39 | AAA | 21,897 | |
5,912 | Total Government Agency | 6,329,367 | ||||
Municipal Bonds – 2.5% (4) | ||||||
10 | African Development Bank (No Optional Call) | 3.000% | 9/20/23 | AAA | 10,301 | |
100 | African Development Bank (No Optional Call) | 0.875% | 7/22/26 | AAA | 96,638 | |
179 | Asian Development Bank (No Optional Call) | 2.750% | 3/17/23 | AAA | 182,652 | |
9 | Asian Development Bank (No Optional Call) | 0.250% | 7/14/23 | AAA | 8,897 | |
60 | Asian Development Bank (No Optional Call) | 0.625% | 10/08/24 | AAA | 58,812 | |
400 | Asian Development Bank (No Optional Call) | 1.500% | 10/18/24 | AAA | 401,258 | |
100 | Asian Development Bank (No Optional Call) | 1.500% | 1/20/27 | AAA | 99,112 | |
20 | Council Of Europe Development Bank (No Optional Call) | 1.375% | 2/27/25 | AA+ | 19,942 |
Principal Amount (000) | Description (1) | Coupon | Maturity | Ratings (2) | Value | |
Municipal Bonds (4) (continued) | ||||||
$ 50 | Council Of Europe Development Bank (No Optional Call) | 0.875% | 9/22/26 | AA+ | $48,242 | |
100 | European Bank for Reconstruction & Development (No Optional Call) | 2.750% | 3/07/23 | AAA | 101,981 | |
170 | European Investment Bank (No Optional Call) | 1.375% | 5/15/23 | AAA | 170,887 | |
70 | European Investment Bank (No Optional Call) | 2.875% | 8/15/23 | Aaa | 71,890 | |
301 | European Investment Bank (No Optional Call) | 3.125% | 12/14/23 | Aaa | 311,734 | |
90 | European Investment Bank (No Optional Call) | 2.250% | 6/24/24 | AAA | 91,955 | |
100 | European Investment Bank (No Optional Call) | 0.750% | 10/26/26 | AAA | 95,912 | |
100 | European Investment Bank (No Optional Call) | 1.375% | 3/15/27 | AAA | 98,671 | |
130 | Inter-American Development Bank (No Optional Call) | 2.000% | 7/23/26 | AAA | 131,850 | |
100 | Inter-American Development Bank (No Optional Call) | 1.500% | 1/13/27 | AAA | 99,302 | |
100 | Inter-American Development Bank (No Optional Call) | 1.125% | 7/20/28 | AAA | 95,176 | |
340 | Inter-American Development Bank (No Optional Call) | 3.875% | 10/28/41 | Aaa | 419,480 | |
99 | International Bank for Reconstruction & Development (No Optional Call) | 7.625% | 1/19/23 | AAA | 105,395 | |
100 | International Bank for Reconstruction & Development (No Optional Call) | 2.500% | 3/19/24 | AAA | 102,602 | |
535 | International Bank for Reconstruction & Development (No Optional Call) | 1.500% | 8/28/24 | AAA | 537,284 | |
151 | International Bank for Reconstruction & Development (No Optional Call) | 2.125% | 3/03/25 | Aaa | 154,002 | |
60 | International Bank for Reconstruction & Development (No Optional Call) | 3.125% | 11/20/25 | AAA | 63,131 | |
100 | International Bank for Reconstruction & Development (No Optional Call) | 1.625% | 11/03/31 | AAA | 97,630 | |
100 | International Finance Corp (No Optional Call) | 0.375% | 7/16/25 | AAA | 95,989 | |
20 | International Finance Corp (No Optional Call) | 2.125% | 4/07/26 | AAA | 20,434 | |
70 | Nordic Investment Bank (No Optional Call) | 2.250% | 5/21/24 | AAA | 71,532 | |
9 | Province of Alberta Canada (No Optional Call) | 2.200% | 7/26/22 | Aa3 | 9,069 | |
250 | Province of Alberta Canada (No Optional Call), (3) | 1.000% | 5/20/25 | AA- | 245,120 | |
150 | Province of Alberta Canada (No Optional Call) | 3.300% | 3/15/28 | Aa3 | 160,769 | |
40 | Province of Alberta Canada (No Optional Call) | 1.300% | 7/22/30 | AA- | 37,332 | |
59 | Province of British Columbia Canada (No Optional Call) | 2.000% | 10/23/22 | AAA | 59,543 | |
100 | Province of British Columbia Canada (No Optional Call) | 1.750% | 9/27/24 | AA+ | 100,854 | |
50 | Province of British Columbia Canada (No Optional Call) | 2.250% | 6/02/26 | AAA | 50,988 | |
100 | Province of British Columbia Canada (No Optional Call) | 0.900% | 7/20/26 | AAA | 96,602 | |
9 | Province of Manitoba Canada (No Optional Call) | 2.125% | 5/04/22 | AA | 9,034 | |
10 | Province of Manitoba Canada (No Optional Call) | 2.100% | 9/06/22 | AA | 10,080 | |
100 | Province of Manitoba Canada (No Optional Call) | 2.600% | 4/16/24 | AA | 102,513 | |
100 | Province of Manitoba Canada (No Optional Call) | 1.500% | 10/25/28 | AA | 96,965 | |
70 | Province of New Brunswick Canada (No Optional Call) | 3.625% | 2/24/28 | AA | 76,873 | |
30 | Province of Ontario Canada (No Optional Call) | 2.550% | 4/25/22 | AA- | 30,133 | |
50 | Province of Ontario Canada (No Optional Call) | 2.250% | 5/18/22 | AA- | 50,235 | |
50 | Province of Ontario Canada (No Optional Call) | 2.200% | 10/03/22 | AA- | 50,482 | |
516 | Province of Ontario Canada (No Optional Call) | 1.750% | 1/24/23 | AA- | 520,200 | |
10 | Province of Ontario Canada (No Optional Call) | 3.400% | 10/17/23 | AA- | 10,367 | |
60 | Province of Ontario Canada (No Optional Call) | 3.200% | 5/16/24 | AA- | 62,351 | |
200 | Province of Ontario Canada (No Optional Call) | 2.500% | 4/27/26 | AA- | 205,477 |
Principal Amount (000) | Description (1) | Coupon | Maturity | Ratings (2) | Value | |
Municipal Bonds (4) (continued) | ||||||
$ 100 | Province of Ontario Canada (No Optional Call) | 1.800% | 10/14/31 | AA- | $96,826 | |
100 | Province of Ontario Canada (No Optional Call) | 2.125% | 1/21/32 | Aa3 | 99,124 | |
20 | Province of Quebec Canada (No Optional Call) | 2.625% | 2/13/23 | AA- | 20,342 | |
9 | Province of Quebec Canada (No Optional Call) | 2.875% | 10/16/24 | AA- | 9,352 | |
180 | Province of Quebec Canada (No Optional Call) | 1.500% | 2/11/25 | AA- | 180,002 | |
50 | Province of Quebec Canada (No Optional Call) | 0.600% | 7/23/25 | AA- | 48,217 | |
295 | Province of Quebec Canada (No Optional Call) | 2.500% | 4/20/26 | AA- | 304,152 | |
70 | Province of Quebec Canada (No Optional Call) | 2.750% | 4/12/27 | AA- | 73,146 | |
6,551 | Total Municipal Bonds | 6,678,839 | ||||
Sovereign Debt – 1.0% | ||||||
10 | Canada Government International Bond | 2.000% | 11/15/22 | AAA | 10,092 | |
100 | Canada Government International Bond | 1.625% | 1/22/25 | AAA | 100,556 | |
210 | Chile Government International Bond, (3) | 2.450% | 1/31/31 | A | 202,650 | |
200 | Chile Government International Bond | 3.250% | 9/21/71 | A | 173,296 | |
100 | Hungary Government International Bond | 5.750% | 11/22/23 | BBB | 107,365 | |
14 | Hungary Government International Bond | 7.625% | 3/29/41 | BBB | 21,970 | |
240 | Israel Government International Bond | 2.750% | 7/03/30 | A+ | 247,500 | |
60 | Israel Government International Bond | 3.875% | 7/03/50 | A+ | 66,611 | |
80 | Korea International Bond | 2.750% | 1/19/27 | AA | 83,010 | |
10 | Korea International Bond | 2.500% | 6/19/29 | Aa2 | 10,312 | |
20 | Korea International Bond | 1.000% | 9/16/30 | AA | 18,397 | |
60 | Korea International Bond | 1.750% | 10/15/31 | AA | 58,494 | |
60 | Panama Government International Bond | 4.000% | 9/22/24 | BBB | 62,546 | |
10 | Panama Government International Bond | 3.750% | 3/16/25 | BBB | 10,416 | |
20 | Panama Government International Bond | 3.160% | 1/23/30 | BBB | 20,130 | |
250 | Panama Government International Bond | 4.500% | 5/15/47 | BBB | 258,435 | |
70 | Panama Government International Bond | 4.500% | 4/16/50 | BBB | 71,862 | |
30 | Peruvian Government International Bond | 4.125% | 8/25/27 | BBB+ | 32,363 | |
180 | Peruvian Government International Bond | 2.844% | 6/20/30 | BBB+ | 177,284 | |
65 | Peruvian Government International Bond | 3.000% | 1/15/34 | BBB+ | 62,400 | |
96 | Peruvian Government International Bond | 5.625% | 11/18/50 | BBB+ | 126,220 | |
100 | Republic of Italy Government International Bond | 1.250% | 2/17/26 | N/R | 95,849 | |
270 | Republic of Italy Government International Bond | 2.875% | 10/17/29 | N/R | 269,697 | |
100 | Republic of Poland Government International Bond | 4.000% | 1/22/24 | A- | 104,990 | |
42 | Uruguay Government International Bond | 4.375% | 1/23/31 | BBB | 47,116 | |
200 | Uruguay Government International Bond | 4.125% | 11/20/45 | BBB | 225,766 | |
2,597 | Total Sovereign Debt | 2,665,327 | ||||
$ 15,060 | Total Government Related (cost $15,981,200) | 15,673,533 | ||||
Total Long-Term Investments (cost $268,906,083) | 262,148,797 |
Shares | Description (1) | Coupon | Value | |||
INVESTMENTS PURCHASED WITH COLLATERAL FROM SECURITIES LENDING – 0.3% | ||||||
MONEY MARKET FUNDS – 0.3% | ||||||
834,449 | State Street Navigator Securities Lending Government Money Market Portfolio, (5) | 0.050% (6) | $ 834,449 | |||
Total Investments Purchased with Collateral from Securities Lending (cost $834,449) | 834,449 | |||||
Total Investments (cost $269,740,532) – 99.5% | 262,983,246 | |||||
Other Assets Less Liabilities – 0.5% | 1,310,600 | |||||
Net Assets – 100% | $ 264,293,846 |
For Fund portfolio compliance purposes, the Fund’s industry classifications refer to any one or more of the industry sub-classifications used by one or more widely recognized market indexes or ratings group indexes, and/or as defined by Fund management. This definition may not apply for purposes of this report, which may combine industry sub-classifications into sectors for reporting ease. | ||
(1) | All percentages shown in the Portfolio of Investments are based on net assets. | |
(2) | The Fund uses credit quality ratings for its portfolio securities provided by Moody's, S&P and Fitch. If all three of Moody's, S&P, and Fitch provide a rating for a security, the middle is used; if two of the three agencies rate a security, the lower rating is used; and if only one rating agency rates a security, that rating is used. AAA, AA, A, and BBB are investment grade ratings; BB, B, CCC/CC/C and D are below-investment grade ratings. Credit ratings are subject to change. Holdings designated N/R are not rated by Moody's, S&P or Fitch. | |
(3) | Investment, or a portion of investment, is out on loan for securities lending. The total value of the securities out on loan as of the end of the reporting period was $814,186. | |
(4) | Optional Call Provisions: Dates (month and year) and prices of the earliest optional call or redemption. There may be other call provisions at varying prices at later dates. Certain mortgage-backed securities may be subject to periodic principal paydowns. | |
(5) | The Fund may loan securities representing up to one third of the market value of its total assets (which includes collateral for securities on loan) to broker dealers, banks, and other institutions. The collateral maintained by the Fund shall have a market value, at the inception of each loan, equal to not less than 100% of the market value of the loaned securities. The cash collateral received by the Fund is invested in this money market fund. | |
(6) | The rate shown is the one-day yield as of the end of the reporting period. | |
144A | Investment is exempt from registration under Rule 144A of the Securities Act of 1933, as amended. These investments may only be resold in transactions exempt from registration, which are normally those transactions with qualified institutional buyers. | |
DD1 | Portion of investment purchased on a delayed delivery basis. | |
WI/DD | Purchased on a when-issued or delayed delivery basis. |
NUAG | NUSA | NUHY | NUBD | |
Assets | ||||
Long-term investments, at value (cost $362,408,424, $38,689,530, $99,638,119 and $268,906,083, respectively)(1) | $350,635,681 | $38,117,692 | $ 96,942,785 | $262,148,797 |
Investment purchased with collateral from securities lending, at value (cost approximates value) | 898,212 | — | 1,499,875 | 834,449 |
Cash | 11,455,414 | 727,179 | 873,003 | 4,622,953 |
Receivable for: | ||||
Interest | 1,629,202 | 148,011 | 1,388,472 | 1,170,146 |
Investments sold | 23,160,340 | 2,535,608 | 2,904,999 | 6,728,630 |
Securities lending income | 250 | — | 1,058 | 257 |
Other Assets | 1,499 | 1,005 | — | — |
Total assets | 387,780,598 | 41,529,495 | 103,610,192 | 275,505,232 |
Liabilities | ||||
Payable for: | ||||
Collateral from securities lending program | 898,212 | — | 1,499,875 | 834,449 |
Investments purchased - regular settlement | 17,482,376 | 2,352,095 | 2,899,521 | 3,788,766 |
Investments purchased - when-issued/delayed-delivery settlement | 16,072,898 | — | — | 6,552,095 |
Accrued expenses: | ||||
Management fees | 56,533 | 6,252 | 24,053 | 31,667 |
Professional fees | 2,474 | 280 | 711 | 1,870 |
Trustees fees | 2,584 | 395 | 1,029 | 2,539 |
Other | 1,498 | — | — | — |
Total liabilities | 34,516,575 | 2,359,022 | 4,425,189 | 11,211,386 |
Net assets | $353,264,023 | $39,170,473 | $ 99,185,003 | $264,293,846 |
Shares outstanding | 14,700,000 | 1,600,000 | 4,200,000 | 10,500,000 |
Net asset value ("NAV") per share | $ 24.03 | $ 24.48 | $ 23.62 | $ 25.17 |
Net assets consist of: | ||||
Capital paid-in | $374,330,325 | $40,298,474 | $104,072,580 | $273,150,231 |
Total distributable earnings | (21,066,302) | (1,128,001) | (4,887,577) | (8,856,385) |
Net assets | $353,264,023 | $39,170,473 | $ 99,185,003 | $264,293,846 |
Authorized shares | Unlimited | Unlimited | Unlimited | Unlimited |
Par value per share | $ 0.01 | $ 0.01 | $ 0.01 | $ 0.01 |
(1) | Includes securities loaned of $872,536, $1,264,161 and $814,186 for NUAG, NUHY and NUBD, respectively. |
NUAG | NUSA | NUHY | NUBD | |
Investment Income | ||||
Interest | $ 2,791,101 | $ 262,094 | $ 2,218,640 | $ 2,221,312 |
Securities lending income, net | 1,657 | 141 | 6,280 | 1,835 |
Total investment income | 2,792,758 | 262,235 | 2,224,920 | 2,223,147 |
Expenses | ||||
Management fees | 348,227 | 40,716 | 160,853 | 219,606 |
Professional fees | 3,337 | 337 | 807 | 2,052 |
Trustees fees | 5,295 | 784 | 1,934 | 4,906 |
Total expenses | 356,859 | 41,837 | 163,594 | 226,564 |
Net investment income (loss) | 2,435,899 | 220,398 | 2,061,326 | 1,996,583 |
Realized and Unrealized Gain (Loss) | ||||
Net realized gain (loss) from: | ||||
Investments | (1,987,923) | 23,582 | (224,862) | (453,009) |
In-kind redemptions | — | 17,690 | 24,512 | 21,627 |
Change in net unrealized appreciation (depreciation) of investments | (12,364,067) | (1,143,270) | (3,880,460) | (10,383,061) |
Net realized and unrealized gain (loss) | (14,351,990) | (1,101,998) | (4,080,810) | (10,814,443) |
Net increase (decrease) in net assets from operations | $(11,916,091) | $ (881,600) | $(2,019,484) | $ (8,817,860) |
NUAG | NUSA | NUHY | NUBD | ||||||||
Unaudited
Six Months Ended 1/31/22 |
Year
Ended 7/31/21 |
Unaudited
Six Months Ended 1/31/22 |
Year
Ended 7/31/21 |
Unaudited
Six Months Ended 1/31/22 |
Year
Ended 7/31/21 |
Unaudited
Six Months Ended 1/31/22 |
Year
Ended 7/31/21 | ||||
Operations | |||||||||||
Net investment income (loss) | $ 2,435,899 | $ 1,988,148 | $ 220,398 | $ 536,536 | $ 2,061,326 | $ 3,073,274 | $ 1,996,583 | $ 3,439,036 | |||
Net realized gain (loss) from: | |||||||||||
Investments | (1,987,923) | (4,541,233) | 23,582 | 249,401 | (224,862) | 939,045 | (453,009) | 66,689 | |||
In-kind redemptions | — | (1,887,230) | 17,690 | 86,177 | 24,512 | — | 21,627 | — | |||
Change in net unrealized appreciation (depreciation) of investments | (12,364,067) | (2,099,133) | (1,143,270) | (449,139) | (3,880,460) | 445,273 | (10,383,061) | (5,397,079) | |||
Net increase (decrease) in net assets from operations | (11,916,091) | (6,539,448) | (881,600) | 422,975 | (2,019,484) | 4,457,592 | (8,817,860) | (1,891,354) | |||
Distributions to Shareholders | |||||||||||
Dividends | (3,206,810) | (3,233,360) | (422,630) | (923,780) | (2,567,410) | (3,626,280) | (2,764,790) | (4,115,730) | |||
Decrease in net assets from distributions to shareholders | (3,206,810) | (3,233,360) | (422,630) | (923,780) | (2,567,410) | (3,626,280) | (2,764,790) | (4,115,730) | |||
Fund Share Transactions | |||||||||||
Proceeds from shares sold | 194,710,450 | 576,413,221 | 5,002,800 | 7,650,840 | 14,654,210 | 39,351,360 | 25,880,990 | 121,402,100 | |||
Cost of shares redeemed | — | (473,809,350) | (4,984,130) | (2,547,690) | (7,260,360) | — | (12,888,490) | — | |||
Net increase (decrease) in net assets from Fund share transactions | 194,710,450 | 102,603,871 | 18,670 | 5,103,150 | 7,393,850 | 39,351,360 | 12,992,500 | 121,402,100 | |||
Net increase (decrease) in net assets | 179,587,549 | 92,831,063 | (1,285,560) | 4,602,345 | 2,806,956 | 40,182,672 | 1,409,850 | 115,395,016 | |||
Net assets at the beginning of period | 173,676,474 | 80,845,411 | 40,456,033 | 35,853,688 | 96,378,047 | 56,195,375 | 262,883,996 | 147,488,980 | |||
Net assets at the end of period | $353,264,023 | $ 173,676,474 | $39,170,473 | $40,456,033 | $99,185,003 | $96,378,047 | $264,293,846 | $262,883,996 |
Investment Operations | Less Distributions | |||||||||
Year
Ended July 31, |
Beginning
NAV |
Net
Investment Income (Loss)(a) |
Net
Realized/ Unrealized Gain (Loss) |
Total | From
Net Investment Income |
From
Accumulated Net Realized Gains |
Total | Ending
NAV |
Ending
Market Price | |
NUAG | ||||||||||
2022(d) | $25.17 | $0.17 | $(0.75) | $(0.58) | $(0.56) | $ — | $(0.56) | $24.03 | $24.03 | |
2021 | 26.08 | 0.33 | (0.55) | (0.22) | (0.69) | — | (0.69) | 25.17 | 25.18 | |
2020 | 24.49 | 0.55 | 1.88 | 2.43 | (0.84) | — | (0.84) | 26.08 | 26.05 | |
2019 | 23.49 | 0.75 | 1.09 | 1.84 | (0.84) | — | (0.84) | 24.49 | 24.44 | |
2018 | 24.61 | 0.67 | (0.91) | (0.24) | (0.88) | — | (0.88) | 23.49 | 23.50 | |
2017(e) | 25.00 | 0.57 | (0.40) | 0.17 | (0.56) | —** | (0.56) | 24.61 | 24.67 | |
NUSA | ||||||||||
2022(d) | 25.29 | 0.14 | (0.42) | (0.28) | (0.53) | — | (0.53) | 24.48 | 24.46 | |
2021 | 25.61 | 0.34 | (0.08) | 0.26 | (0.58) | — | (0.58) | 25.29 | 25.31 | |
2020 | 24.86 | 0.55 | 0.90 | 1.45 | (0.70) | — | (0.70) | 25.61 | 25.69 | |
2019 | 24.30 | 0.62 | 0.65 | 1.27 | (0.71) | — | (0.71) | 24.86 | 24.89 | |
2018 | 25.11 | 0.55 | (0.64) | (0.09) | (0.72) | — | (0.72) | 24.30 | 24.33 | |
2017(f) | 25.00 | 0.23 | 0.04 | 0.27 | (0.16) | — | (0.16) | 25.11 | 25.15 | |
NUHY | ||||||||||
2022(d) | 24.71 | 0.49 | (0.39) | 0.10 | (1.19) | — | (1.19) | 23.62 | 23.71 | |
2021 | 24.43 | 1.04 | 0.47 | 1.51 | (1.23) | — | (1.23) | 24.71 | 24.78 | |
2020(g) | 25.00 | 0.93 | (0.53) | 0.40 | (0.97) | — | (0.97) | 24.43 | 24.74 | |
NUBD | ||||||||||
2022(d) | 26.29 | 0.19 | (0.78) | (0.59) | (0.53) | — | (0.53) | 25.17 | 25.15 | |
2021 | 27.31 | 0.45 | (0.92) | (0.47) | (0.55) | — | (0.55) | 26.29 | 26.30 | |
2020 | 25.36 | 0.55 | 2.04 | 2.59 | (0.64) | — | (0.64) | 27.31 | 27.37 | |
2019 | 24.17 | 0.63 | 1.24 | 1.87 | (0.68) | — | (0.68) | 25.36 | 25.38 | |
2018(h) | 25.00 | 0.48 | (0.82) | (0.34) | (0.49) | — | (0.49) | 24.17 | 24.20 |
Ratios/Supplemental Data | |||||
Total Return | Ratios to Average Net Assets | ||||
Based
on NAV(b) |
Based
on Market Price(b) |
Ending
Net Assets (000) |
Expenses | Net
Investment Income (Loss) |
Portfolio
Turnover Rate(c) |
(3.62) % | (3.68) % | $353,264 | 0.20%* | 1.40%* | 39% |
(0.81) | (0.64) | 173,676 | 0.20 | 1.32 | 235 |
10.11 | 10.19 | 80,845 | 0.20 | 2.21 | 208 |
8.03 | 7.77 | 71,019 | 0.20 | 3.17 | 167 |
(1.00) | (1.21) | 147,959 | 0.20 | 2.79 | 123 |
0.74 | 1.00 | 54,135 | 0.20* | 2.67* | 84 |
(2.17) | (2.31) | 39,170 | 0.20* | 1.08* | 39 |
1.03 | 0.80 | 40,456 | 0.20 | 1.33 | 46 |
5.93 | 6.15 | 35,854 | 0.20 | 2.20 | 51 |
5.37 | 5.31 | 27,349 | 0.20 | 2.54 | 36 |
(0.37) | (0.39) | 26,727 | 0.20 | 2.22 | 37 |
1.10 | 1.26 | 30,132 | 0.20* | 2.74* | 4 |
(2.00) | (1.88) | 99,185 | 0.32* | 4.02* | 28 |
6.32 | 5.25 | 96,378 | 0.35 | 4.14 | 65 |
1.79 | 3.02 | 56,195 | 0.35* | 4.55* | 47 |
(3.25) | (3.35) | 264,294 | 0.17* | 1.50* | 27 |
(1.72) | (1.90) | 262,884 | 0.20 | 1.69 | 33 |
10.38 | 10.51 | 147,489 | 0.20 | 2.07 | 18 |
7.89 | 7.84 | 55,786 | 0.20 | 2.59 | 27 |
(1.37) | (1.25) | 41,088 | 0.20* | 2.31* | 17 |
(a) | Per share Net Investment Income (Loss) is calculated using the average daily shares method. |
(b) | Total Return Based on NAV reflects the change in NAV over the period, including the assumed reinvestment of distributions, if any, at NAV on each ex-dividend payment date during the period. Total Return Based on Market Price reflects the change in the market price per share over the period, including the assumed reinvestment of distributions, if any, at the ending market price per share on each ex-dividend payment date during the period. Total returns are not annualized. |
(c) | Portfolio Turnover Rate is calculated based on the lesser of long-term purchases or sales (as disclosed in Note 4 - Investment Transactions) divided by the average long-term market value during the period. Portfolio Turnover Rate excludes securities received or delivered as a result of processing in-kind creations or redemptions of Fund shares (as disclosed in Note 5 - Fund Shares). |
(d) | Unaudited. For the six months ended January 31, 2022. |
(e) | For the period September 14, 2016 (commencement of operations) through July 31, 2017. |
(f) | For the period March 31, 2017 (commencement of operations) through July 31, 2017. |
(g) | For the period September 25, 2019 (commencement of operations) through January 31, 2020. |
(h) | For the period September 29, 2017 (commencement of operations) through July 31, 2018. |
* | Annualized. |
** | Rounds to less than $.01 per share. |
NUAG | Level 1 | Level 2 | Level 3 | Total |
Long-Term Investments: | ||||
Securitized | $ — | $122,807,820 | $ — | $122,807,820 |
Corporate Debt | — | 102,958,259 | — | 102,958,259 |
U.S. Treasury | — | 99,317,556 | — | 99,317,556 |
Government Related | — | 25,552,046 | — | 25,552,046 |
Investments Purchased with Collateral from Securities Lending | 898,212 | — | — | 898,212 |
Total | $898,212 | $350,635,681 | $ — | $351,533,893 |
NUSA | Level 1 | Level 2 | Level 3 | Total |
Long-Term Investments: | ||||
Corporate Debt | $ — | $17,024,108 | $ — | $17,024,108 |
U.S. Treasury | — | 10,933,360 | — | 10,933,360 |
Securitized | — | 10,160,224 | — | 10,160,224 |
Total | $ — | $38,117,692 | $ — | $38,117,692 |
NUHY | Level 1 | Level 2 | Level 3 | Total |
Long-Term Investments: | ||||
Corporate Debt | $ — | $96,942,785 | $ — | $96,942,785 |
Investments Purchased with Collateral from Securities Lending | 1,499,875 | — | — | 1,499,875 |
Total | $1,499,875 | $96,942,785 | $ — | $98,442,660 |
NUBD | Level 1 | Level 2 | Level 3 | Total |
Long-Term Investments: | ||||
U.S. Treasury | $ — | $ 99,678,924 | $ — | $ 99,678,924 |
Securitized | — | 76,364,031 | — | 76,364,031 |
Corporate Debt | — | 70,432,309 | — | 70,432,309 |
Government Related | — | 15,673,533 | — | 15,673,533 |
Investments Purchased with Collateral from Securities Lending | 834,449 | — | — | 834,449 |
Total | $834,449 | $262,148,797 | $ — | $262,983,246 |
Fund | Asset Class out on Loan | Long-Term
Investments, at Value |
Total Collateral Received |
NUAG | Corporate Debt | $ 649,537 | $ 666,837 |
Government Related | 222,999 | 231,375 | |
Total | $ 872,536 | $ 898,212 | |
NUHY | Corporate Debt | $1,264,161 | $1,499,875 |
NUBD | Corporate Debt | $ 534,336 | $ 547,481 |
Government Related | 279,850 | 286,968 | |
Total | $ 814,186 | $ 834,449 |
NUAG | NUSA | NUHY | NUBD | |
Purchases: | ||||
Investment securities | $187,004,656 | $10,212,102 | $30,114,091 | $54,061,911 |
U.S. Government and agency obligations | 41,619,986 | 6,412,301 | — | 21,263,606 |
Sales and maturities: | ||||
Investment securities | 96,838,336 | 8,920,599 | 28,086,175 | 44,313,399 |
U.S. Government and agency obligations | 33,089,625 | 6,797,895 | — | 26,273,946 |
NUAG | NUSA | NUHY | NUBD | |
In-kind purchases | $92,013,388 | $3,215,452 | $15,667,844 | $16,477,420 |
In-kind sales | — | 4,780,087 | 6,358,646 | 8,403,191 |
NUAG | NUSA | ||||||||||
Six Months Ended 1/31/22 |
Year Ended 7/31/21 |
Six Months Ended 1/31/22 |
Year Ended 7/31/21 | ||||||||
Shares | Amount | Shares | Amount | Shares | Amount | Shares | Amount | ||||
Shares sold | 7,800,000 | $194,710,450 | 22,600,000 | $ 576,413,221 | 200,000 | $ 5,002,800 | 300,000 | $ 7,650,840 | |||
Shares redeemed | — | — | (18,800,000) | (473,809,350) | (200,000) | (4,984,130) | (100,000) | (2,547,690) | |||
Net increase (decrease) | 7,800,000 | $194,710,450 | 3,800,000 | $ 102,603,871 | — | $ 18,670 | 200,000 | $ 5,103,150 |
NUHY | NUBD | ||||||||||
Six Months Ended 1/31/22 |
Year Ended 7/31/21 |
Six Months Ended 1/31/22 |
Year Ended 7/31/21 | ||||||||
Shares | Amount | Shares | Amount | Shares | Amount | Shares | Amount | ||||
Shares sold | 600,000 | $14,654,210 | 1,600,000 | $39,351,360 | 1,000,000 | $ 25,880,990 | 4,600,000 | $121,402,100 | |||
Shares redeemed | (300,000) | (7,260,360) | — | — | (500,000) | (12,888,490) | — | — | |||
Net increase (decrease) | 300,000 | $ 7,393,850 | 1,600,000 | $39,351,360 | 500,000 | $ 12,992,500 | 4,600,000 | $121,402,100 |
Fund | Tax Cost | Gross
Unrealized Appreciation |
Gross
Unrealized (Depreciation) |
Net
Unrealized Appreciation (Depreciation) |
NUAG | $364,261,938 | $ 170,510 | $(12,898,555) | $(12,728,045) |
NUSA | 38,978,274 | 73,197 | (933,779) | (860,582) |
NUHY | 101,728,680 | 225,326 | (3,511,346) | (3,286,020) |
NUBD | 269,977,425 | 1,113,307 | (8,107,486) | (6,994,179) |
Fund | Undistributed Ordinary Income | Undistributed Long-Term Capital Gains | Unrealized Appreciation (Depreciation) | Capital Loss Carryforwards | Late-Year Loss Deferrals | Other Book-to-Tax Differences | Total |
NUAG | $185,073 | $ — | $ 366,740 | $(6,495,214) | $ — | $ — | $(5,943,401) |
NUSA | 83,714 | — | 262,845 | (170,203) | — | — | 176,356 |
NUHY | 437,801 | — | 685,723 | (1,424,207) | — | — | (300,683) |
NUBD | 500,902 | — | 3,363,238 | (1,137,875) | — | — | 2,726,265 |
Fund | Short-Term | Long-Term | Total |
NUAG | $5,498,697 | $996,517 | $6,495,214 |
NUSA | 80,573 | 89,630 | 170,203 |
NUHY | 1,424,207 | — | 1,424,207 |
NUBD | 1,137,875 | — | 1,137,875 |
Fund | Management Fee* |
NUAG | 0.20% |
NUSA | 0.20 |
NUHY | 0.35 |
NUBD | 0.20 |
Fund | Management Fee |
NUAG | 0.20% |
NUSA | 0.20 |
NUHY | 0.30 |
NUBD | 0.15 |
NUAG | |
Nuveen owned shares | 0%* |
* | Rounds to less than 1%. |
NUHY | |
TIAA owned shares | 5% |
NUAG | NUSA | ||||
Six months ended January 31, 2022 | Number of Days | % of Total Days | Number of Days | % of Total Days | |
Premium/Discount Range: | |||||
0.00 to 0.25% | 58 | 45.7% | 35 | 27.6% | |
(0.01)% to (0.25)% | 69 | 54.3% | 92 | 72.4% | |
127 | 100% | 127 | 100% |
NUHY | NUBD | ||||
Six months ended January 31, 2022 | Number of Days | % of Total Days | Number of Days | % of Total Days | |
Premium/Discount Range: | |||||
0.51% to 1.00% | 3 | 2.4% | - | - | |
0.26% to 0.50% | 69 | 54.3% | - | - | |
0.00 to 0.25% | 50 | 39.4% | 32 | 25.2% | |
(0.01)% to (0.25)% | 5 | 3.9% | 95 | 74.8% | |
127 | 100% | 127 | 100% |