N-CSRS


	Principal Amount		Value
U.S. Dollar Denominated Bonds & Notes-90.98%
Aerospace & Defense-1.89%
Boeing Co. (The), 4.51%, 05/01/2023	$	27,040,000	$	27,002,553
General Dynamics Corp.
3.38%, 05/15/2023		7,763,000		7,732,437
1.88%, 08/15/2023		5,116,000		5,039,217
Northrop Grumman Corp., 3.25%, 08/01/2023		11,863,000		11,789,828

				51,564,035

Air Freight & Logistics-0.39%
United Parcel Service, Inc., 2.50%, 04/01/2023		10,779,000		10,754,194

Automobiles-6.34%
American Honda Finance Corp.
1.95%, 05/10/2023		10,460,000		10,393,956
0.88%, 07/07/2023		12,860,000		12,674,963
3.45%, 07/14/2023		4,510,000		4,481,614
0.65%, 09/08/2023		7,772,000		7,589,475
General Motors Co., 4.88%, 10/02/2023		13,520,000		13,532,844
General Motors Financial Co., Inc.
3.70%, 05/09/2023		12,388,000		12,351,324
4.25%, 05/15/2023		7,700,000		7,683,502
4.15%, 06/19/2023		10,340,000		10,301,330
1.70%, 08/18/2023		13,930,000		13,670,109
Stellantis N.V., 5.25%, 04/15/2023		15,390,000		15,366,530
Toyota Motor Corp. (Japan), 3.42%, 07/20/2023		6,883,000		6,838,084
Toyota Motor Credit Corp.
2.90%, 03/30/2023		18,800,000		18,766,700
0.40%, 04/06/2023		11,300,000		11,245,982
0.50%, 08/14/2023		12,800,000		12,539,119
1.35%, 08/25/2023		10,284,000		10,094,118
2.25%, 10/18/2023		5,540,000		5,449,233

				172,978,883

Banks-13.49%
Banco Santander S.A. (Spain), 3.85%, 04/12/2023		12,900,000		12,880,281
Bank of America Corp., 4.10%, 07/24/2023		20,690,000		20,597,514
Bank of Montreal (Canada), 0.45%, 12/08/2023		9,320,000		8,970,877
Bank of Nova Scotia (The) (Canada), 0.40%, 09/15/2023		12,360,000		12,040,451
Canadian Imperial Bank of Commerce (Canada), 3.50%, 09/13/2023		10,351,000		10,244,954
Citigroup, Inc.
3.50%, 05/15/2023		11,361,000		11,322,139
3.88%, 10/25/2023		10,082,000		9,997,543
Comerica, Inc., 3.70%, 07/31/2023		8,788,000		8,721,744
Cooperatieve Rabobank U.A. (Netherlands), 4.63%, 12/01/2023		6,600,000		6,560,197
Fifth Third Bancorp, 1.63%, 05/05/2023		5,172,000		5,139,206
HSBC Holdings PLC (United Kingdom), 3.60%, 05/25/2023		20,790,000		20,711,734
Huntington National Bank (The), 3.55%, 10/06/2023		7,680,000		7,603,293


	Principal Amount		Value
Banks-(continued)
JPMorgan Chase & Co.
3.38%, 05/01/2023	$	20,648,000	$	20,587,903
2.70%, 05/18/2023		18,279,000		18,181,913
KeyBank N.A.
3.38%, 03/07/2023		5,010,000		5,008,317
1.25%, 03/10/2023		7,631,000		7,624,284
M&T Bank Corp., 3.55%, 07/26/2023		5,187,000		5,148,170
Mitsubishi UFJ Financial Group, Inc. (Japan)
3.46%, 03/02/2023		13,961,000		13,961,000
3.76%, 07/26/2023		22,394,000		22,251,516
2.53%, 09/13/2023		4,862,000		4,785,700
Mizuho Financial Group, Inc. (Japan), 3.55%, 03/05/2023		8,317,000		8,315,669
NatWest Group PLC (United Kingdom)
3.88%, 09/12/2023		12,028,000		11,913,036
6.00%, 12/19/2023		6,840,000		6,850,274
PNC Bank N.A.
3.50%, 06/08/2023		7,950,000		7,914,031
3.80%, 07/25/2023		7,710,000		7,668,280
Royal Bank of Canada (Canada), 0.50%, 10/26/2023		13,951,000		13,526,101
Sumitomo Mitsui Banking Corp. (Japan), 3.95%, 07/19/2023		7,270,000		7,236,554
Sumitomo Mitsui Financial Group, Inc. (Japan), 3.75%, 07/19/2023		7,770,000		7,724,470
Toronto-Dominion Bank (The) (Canada), 3.50%, 07/19/2023		16,578,000		16,471,062
Truist Bank
1.25%, 03/09/2023		12,910,000		12,899,679
2.75%, 05/01/2023		5,511,000		5,488,040
U.S. Bank N.A., 3.40%, 07/24/2023		14,117,000		14,017,292
Wells Fargo & Co., 4.13%, 08/15/2023		15,541,000		15,472,501

				367,835,725

Beverages-2.02%
Diageo Capital PLC (United Kingdom)
2.63%, 04/29/2023		14,645,000		14,584,800
3.50%, 09/18/2023		5,173,000		5,123,813
Keurig Dr Pepper, Inc., 3.13%, 12/15/2023		4,507,000		4,439,037
PepsiCo, Inc.
2.75%, 03/01/2023		13,127,000		13,127,000
0.75%, 05/01/2023		10,309,000		10,239,275
0.40%, 10/07/2023		7,763,000		7,541,241

				55,055,166

Biotechnology-1.94%
AbbVie, Inc., 2.85%, 05/14/2023		10,431,000		10,386,123
Amgen, Inc., 2.25%, 08/19/2023		8,760,000		8,641,074
Gilead Sciences, Inc.
2.50%, 09/01/2023		7,723,000		7,613,770
0.75%, 09/29/2023		15,514,000		15,107,329
Shire Acquisitions Investments Ireland DAC, 2.88%, 09/23/2023		11,361,000		11,194,393

				52,942,689

See accompanying Notes to Financial Statements which are an integral part of the financial statements.


	Principal Amount		Value
Capital Markets-5.33%
Ameriprise Financial, Inc., 4.00%, 10/15/2023	$	8,700,000	$	8,634,514
Bank of New York Mellon Corp. (The)
3.50%, 04/28/2023		7,862,000		7,842,184
3.45%, 08/11/2023		8,718,000		8,651,982
2.20%, 08/16/2023		12,908,000		12,730,192
0.35%, 12/07/2023		8,760,000		8,439,125
Credit Suisse AG (Switzerland)
1.00%, 05/05/2023		17,512,000		17,332,748
0.52%, 08/09/2023		12,740,000		12,327,588
Goldman Sachs Group, Inc. (The)
0.52%, 03/08/2023		7,083,000		7,077,182
1.22%, 12/06/2023		19,600,000		19,007,942
Morgan Stanley, 4.10%, 05/22/2023		20,690,000		20,644,873
State Street Corp.
3.10%, 05/15/2023		11,350,000		11,298,695
3.70%, 11/20/2023		11,360,000		11,232,903

				145,219,928

Chemicals-0.89%
Ecolab, Inc., 0.90%, 12/15/2023		5,187,000		5,015,429
LYB International Finance B.V., 4.00%, 07/15/2023		5,037,000		5,013,375
Mosaic Co. (The), 4.25%, 11/15/2023		9,324,000		9,254,967
Nutrien Ltd. (Canada), 1.90%, 05/13/2023		5,139,000		5,101,166

				24,384,937

Commercial Services & Supplies-0.22%
Waste Management, Inc., 2.40%, 05/15/2023		6,118,000		6,080,929

Communications Equipment-0.28%
Cisco Systems, Inc., 2.20%, 09/20/2023		7,760,000		7,640,245

Construction Materials-0.30%
Martin Marietta Materials, Inc., 0.65%, 07/15/2023		8,245,000		8,106,018

Consumer Finance-1.85%
Ally Financial, Inc.
3.05%, 06/05/2023		8,210,000		8,155,071
1.45%, 10/02/2023		13,120,000		12,790,475
American Express Co., 0.75%, 11/03/2023		9,210,000		8,936,760
Capital One Financial Corp.
2.60%, 05/11/2023		11,974,000		11,915,860
3.50%, 06/15/2023		8,661,000		8,620,650

				50,418,816

Diversified Financial Services-2.08%
AerCap Ireland Capital DAC/AerCap Global Aviation Trust (Ireland)
4.50%, 09/15/2023		13,927,000		13,833,812
1.15%, 10/29/2023		18,074,000		17,542,757
Berkshire Hathaway, Inc., 2.75%, 03/15/2023		18,388,000		18,372,039
Jackson Financial, Inc., 1.13%, 11/22/2023		7,128,000		6,909,738

				56,658,346


	Principal Amount		Value
Electric Utilities-3.90%
Duke Energy Carolinas LLC
2.50%, 03/15/2023	$	5,577,000	$	5,571,733
3.05%, 03/15/2023		4,586,000		4,582,263
Entergy Louisiana LLC, 0.62%, 11/17/2023		6,868,000		6,641,648
Florida Power & Light Co., 2.75%, 06/01/2023		5,207,000		5,176,497
Georgia Power Co., Series A, 2.10%, 07/30/2023		7,374,000		7,276,390
NextEra Energy Capital Holdings, Inc., 0.65%, 03/01/2023		20,868,000		20,868,000
OGE Energy Corp., 0.70%, 05/26/2023		5,177,000		5,120,672
Oklahoma Gas and Electric Co., 0.55%, 05/26/2023		4,577,000		4,527,339
Pacific Gas and Electric Co.
4.25%, 08/01/2023		5,176,000		5,149,029
1.70%, 11/15/2023		9,326,000		9,055,334
Southern California Edison Co., Series C, 3.50%, 10/01/2023		6,218,000		6,146,151
Southern Co. (The), 2.95%, 07/01/2023 .		13,322,000		13,212,261
Virginia Electric & Power Co., Series C, 2.75%, 03/15/2023		8,102,000		8,094,568
Xcel Energy, Inc., 0.50%, 10/15/2023		5,147,000		4,996,849

				106,418,734

Electrical Equipment-0.25%
Rockwell Automation, Inc., 0.35%, 08/15/2023		6,854,000		6,704,540

Energy Equipment & Services-0.84%
Baker Hughes Holdings LLC/Baker Hughes Co-Obligor, Inc., 1.23%, 12/15/2023		7,723,000		7,485,162
Schlumberger Investment S.A., 3.65%, 12/01/2023		15,535,000		15,349,494

				22,834,656

Entertainment-0.29%
RELX Capital, Inc. (United Kingdom), 3.50%, 03/16/2023		8,022,000		8,017,640

Equity REITs-0.97%
American Tower Corp., 3.00%, 06/15/2023		7,226,000		7,175,215
Boston Properties L.P., 3.13%, 09/01/2023		4,547,000		4,483,358
Crown Castle, Inc., 3.15%, 07/15/2023		7,760,000		7,699,228
Simon Property Group L.P., 2.75%, 06/01/2023		7,210,000		7,163,421

				26,521,222

Food & Staples Retailing-2.20%
Kroger Co. (The), 3.85%, 08/01/2023		7,233,000		7,215,240
Walgreens Boots Alliance, Inc., 0.95%, 11/17/2023		9,760,000		9,467,617
Walmart, Inc.
2.55%, 04/11/2023		18,100,000		18,046,246
3.40%, 06/26/2023		25,470,000		25,322,776

				60,051,879

Food Products-1.04%
Campbell Soup Co., 3.65%, 03/15/2023		7,361,000		7,357,646

See accompanying Notes to Financial Statements which are an integral part of the financial statements.


	Principal Amount		Value
Food Products-(continued)
Conagra Brands, Inc., 0.50%, 08/11/2023	$	5,187,000	$	5,077,352
General Mills, Inc., 5.24%, 11/18/2025		4,600,000		4,574,419
Hershey Co. (The), 3.38%, 05/15/2023		4,643,000		4,626,148
Kellogg Co., 2.65%, 12/01/2023		6,694,000		6,610,037

				28,245,602

Gas Utilities-0.80%
Atmos Energy Corp., 0.63%, 03/09/2023		12,061,000		12,049,565
CenterPoint Energy Resources Corp., 0.70%, 03/02/2023		6,602,000		6,602,000
National Fuel Gas Co., 3.75%, 03/01/2023		3,095,000		3,095,000

				21,746,565

Health Care Equipment & Supplies-1.00%
Abbott Laboratories, 3.40%, 11/30/2023		10,893,000		10,767,731
Baxter International, Inc., 0.87%, 12/01/2023		9,768,000		9,429,487
Stryker Corp., 0.60%, 12/01/2023		7,206,000		6,958,843

				27,156,061

Health Care Providers & Services-3.23%
Aetna, Inc., 2.80%, 06/15/2023		13,491,000		13,395,606
AmerisourceBergen Corp., 0.74%, 03/15/2023		6,177,000		6,165,873
Cardinal Health, Inc., 3.20%, 03/15/2023		6,233,000		6,228,775
Cigna Group (The)
3.00%, 07/15/2023		8,820,000		8,737,034
3.75%, 07/15/2023		12,291,000		12,207,146
CVS Health Corp., 4.00%, 12/05/2023		4,276,000		4,240,727
Elevance Health, Inc., 0.45%, 03/15/2023		6,677,000		6,665,881
Humana, Inc., 0.65%, 08/03/2023		15,521,000		15,217,652
UnitedHealth Group, Inc.
2.88%, 03/15/2023		6,830,000		6,824,395
3.50%, 06/15/2023		8,460,000		8,424,132

				88,107,221

Hotels, Restaurants & Leisure-1.49%
Booking Holdings, Inc., 2.75%, 03/15/2023		4,569,000		4,564,931
Hyatt Hotels Corp., 1.30%, 10/01/2023		8,000,000		7,819,025
McDonald’s Corp., 3.35%, 04/01/2023		10,340,000		10,321,903
Starbucks Corp.
3.10%, 03/01/2023		10,340,000		10,340,000
3.85%, 10/01/2023		7,710,000		7,650,227

				40,696,086

Household Products-0.41%
Procter & Gamble Co. (The), 3.10%, 08/15/2023		11,319,000		11,220,804

Industrial Conglomerates-0.24%
3M Co., 2.25%, 03/15/2023		6,477,000		6,470,214

Insurance-0.57%
Allstate Corp. (The), 3.15%, 06/15/2023		5,205,000		5,177,580


	Principal Amount		Value
Insurance-(continued)
Lincoln National Corp., 4.00%, 09/01/2023	$	5,170,000	$	5,130,345
Loews Corp., 2.63%, 05/15/2023		5,177,000		5,150,418

				15,458,343

Internet & Direct Marketing Retail-0.75%
Amazon.com, Inc.
0.25%, 05/12/2023		10,304,000		10,208,976
0.40%, 06/03/2023		10,310,000		10,190,459

				20,399,435

IT Services-1.40%
Fidelity National Information Services, Inc., 0.38%, 03/01/2023		7,718,000		7,718,000
Global Payments, Inc.
3.75%, 06/01/2023		4,956,000		4,932,449
4.00%, 06/01/2023		5,726,000		5,699,996
International Business Machines Corp., 3.38%, 08/01/2023		15,521,000		15,407,188
PayPal Holdings, Inc., 1.35%, 06/01/2023		4,355,000		4,311,083

				38,068,716

Life Sciences Tools & Services-0.87%
Illumina, Inc., 0.55%, 03/23/2023		4,577,000		4,563,523
PerkinElmer, Inc., 0.55%, 09/15/2023		4,842,000		4,720,215
Thermo Fisher Scientific, Inc., 0.80%, 10/18/2023		14,965,000		14,546,052

				23,829,790

Machinery-3.14%
Caterpillar Financial Services Corp.
0.25%, 03/01/2023		10,344,000		10,344,000
3.45%, 05/15/2023		5,207,000		5,190,718
0.65%, 07/07/2023		10,524,000		10,366,559
0.45%, 09/14/2023		10,274,000		10,020,594
3.75%, 11/24/2023		4,575,000		4,533,929
CNH Industrial Capital LLC, 1.95%, 07/02/2023		6,227,000		6,153,001
CNH Industrial N.V. (United Kingdom), 4.50%, 08/15/2023		6,222,000		6,190,511
Cummins, Inc., 3.65%, 10/01/2023		5,180,000		5,143,600
John Deere Capital Corp.
2.80%, 03/06/2023		10,344,000		10,341,056
1.20%, 04/06/2023		5,877,000		5,853,203
0.40%, 10/10/2023		4,497,000		4,365,181
Trane Technologies Global Holding Co. Ltd., 4.25%, 06/15/2023		7,267,000		7,245,241

				85,747,593

Media-0.38%
Time Warner Cable Enterprises LLC, 8.38%, 03/15/2023		10,340,000		10,347,957

Metals & Mining-0.38%
Freeport-McMoRan, Inc., 3.88%, 03/15/2023		10,294,000		10,292,353

Multi-Utilities-1.32%
Black Hills Corp., 4.25%, 11/30/2023		5,447,000		5,395,965
Consolidated Edison, Inc., Series A, 0.65%, 12/01/2023		5,943,000		5,741,686

See accompanying Notes to Financial Statements which are an integral part of the financial statements.


	Principal Amount		Value
Multi-Utilities-(continued)
Delmarva Power & Light Co., 3.50%, 11/15/2023	$	5,126,000	$	5,060,920
Public Service Electric & Gas Co., 2.38%, 05/15/2023		5,187,000		5,157,391
Public Service Enterprise Group, Inc., 0.84%, 11/08/2023		6,830,000		6,615,492
WEC Energy Group, Inc., 0.55%, 09/15/2023		8,201,000		7,987,807

				35,959,261

Oil, Gas & Consumable Fuels-7.28%
Chevron Corp., 1.14%, 05/11/2023		12,404,000		12,310,570
Chevron USA, Inc., 0.43%, 08/11/2023		5,210,000		5,106,790
Continental Resources, Inc., 4.50%, 04/15/2023		6,580,000		6,569,450
Enbridge, Inc. (Canada)
4.00%, 10/01/2023		8,258,000		8,188,688
0.55%, 10/04/2023		5,207,000		5,055,494
Energy Transfer L.P., Series 5Y, 4.20%, 09/15/2023		4,568,000		4,537,373
Energy Transfer L.P./Regency Energy Finance Corp., 4.50%, 11/01/2023		6,154,000		6,110,032
Enterprise Products Operating LLC, 3.35%, 03/15/2023		13,127,000		13,117,653
EOG Resources, Inc., 2.63%, 03/15/2023		12,930,000		12,917,853
EQT Corp., 5.68%, 10/01/2025		4,555,000		4,500,341
Exxon Mobil Corp.
2.73%, 03/01/2023		12,930,000		12,930,000
1.57%, 04/15/2023		28,444,000		28,318,241
Kinder Morgan Energy Partners L.P., 3.50%, 09/01/2023		6,408,000		6,353,906
MPLX L.P., 4.50%, 07/15/2023		11,230,000		11,191,064
ONEOK, Inc., 7.50%, 09/01/2023		4,580,000		4,601,558
Pioneer Natural Resources Co., 0.55%, 05/15/2023		7,370,000		7,298,432
Plains All American Pipeline L.P./PAA Finance Corp., 3.85%, 10/15/2023		8,260,000		8,173,650
Shell International Finance B.V. (Netherlands), 0.38%, 09/15/2023		10,044,000		9,809,955
Targa Resources Partners L.P./Targa Resources Partners Finance Corp., 6.50%, 07/15/2027		6,468,000		6,546,489
TotalEnergies Capital Canada Ltd. (France), 2.75%, 07/15/2023		11,344,000		11,241,047
TransCanada PipeLines Ltd. (Canada), 3.75%, 10/16/2023		6,630,000		6,562,611
Williams Cos., Inc. (The), 4.50%, 11/15/2023		7,209,000		7,168,487

				198,609,684

Personal Products-0.38%
Unilever Capital Corp. (United Kingdom)
3.13%, 03/22/2023		5,000,000		4,994,905
0.38%, 09/14/2023		5,587,000		5,445,065

				10,439,970


	Principal Amount		Value
Pharmaceuticals-5.18%
AstraZeneca PLC (United Kingdom)
0.30%, 05/26/2023	$	14,425,000	$	14,269,622
3.50%, 08/17/2023		8,773,000		8,697,514
Bristol-Myers Squibb Co.
3.25%, 11/01/2023		4,575,000		4,517,132
0.54%, 11/13/2023		15,631,000		15,125,102
GlaxoSmithKline Capital PLC (United Kingdom), 0.53%, 10/01/2023		12,947,000		12,593,994
Johnson & Johnson
2.05%, 03/01/2023		4,577,000		4,577,000
3.38%, 12/05/2023		8,291,000		8,226,382
Merck & Co., Inc., 2.80%, 05/18/2023		18,104,000		18,012,025
Mylan, Inc., 4.20%, 11/29/2023		4,507,000		4,466,222
Pfizer, Inc.
3.00%, 06/15/2023		11,274,000		11,205,786
3.20%, 09/15/2023		11,300,000		11,183,785
Royalty Pharma PLC, 0.75%, 09/02/2023		11,343,000		11,066,114
Sanofi, 3.38%, 06/19/2023		11,342,000		11,298,553
Takeda Pharmaceutical Co. Ltd. (Japan), 4.40%, 11/26/2023		6,038,000		5,981,013

				141,220,244

Professional Services-0.23%
Thomson Reuters Corp. (Canada), 4.30%, 11/23/2023		6,256,000		6,205,978

Road & Rail-0.82%
Burlington Northern Santa Fe LLC
3.00%, 03/15/2023		6,402,000		6,397,026
3.85%, 09/01/2023		8,212,000		8,158,047
Union Pacific Corp., 3.50%, 06/08/2023		7,720,000		7,683,762

				22,238,835

Semiconductors & Semiconductor Equipment-1.29%
Microchip Technology, Inc., 2.67%, 09/01/2023		11,344,000		11,172,247
NVIDIA Corp., 0.31%, 06/15/2023		13,927,000		13,765,390
Skyworks Solutions, Inc., 0.90%, 06/01/2023		5,170,000		5,104,250
Texas Instruments, Inc., 2.25%, 05/01/2023		5,208,000		5,181,889

				35,223,776

Software-3.90%
Intuit, Inc., 0.65%, 07/15/2023		5,171,000		5,078,536
Microsoft Corp.
2.38%, 05/01/2023		10,300,000		10,254,367
2.00%, 08/08/2023		15,521,000		15,319,316
3.63%, 12/15/2023		13,520,000		13,372,872
Oracle Corp.
3.63%, 07/15/2023		10,340,000		10,284,395
2.40%, 09/15/2023		25,765,000		25,351,776
Roper Technologies, Inc., 3.65%, 09/15/2023		6,562,000		6,493,477
salesforce.com, inc., 3.25%, 04/11/2023		9,148,000		9,128,697
VMware, Inc., 0.60%, 08/15/2023		11,342,000		11,096,857

				106,380,293

See accompanying Notes to Financial Statements which are an integral part of the financial statements.


	Principal Amount		Value
Specialty Retail-1.52%
AutoZone, Inc., 3.13%, 07/15/2023	$	5,200,000	$	5,156,578
Dell International LLC/EMC Corp., 5.45%, 06/15/2023		10,220,000		10,213,673
Home Depot, Inc. (The), 2.70%, 04/01/2023		10,540,000		10,518,239
Leidos, Inc., 2.95%, 05/15/2023		5,147,000		5,120,432
Lowe’s Cos., Inc., 3.88%, 09/15/2023		5,200,000		5,169,744
TJX Cos., Inc. (The), 2.50%, 05/15/2023		5,200,000		5,174,609

				41,353,275

Technology Hardware, Storage & Peripherals-4.00%
Apple, Inc.
2.40%, 05/03/2023		57,488,000		61,470,987
0.75%, 05/11/2023		22,648,000		22,459,133
Hewlett Packard Enterprise Co.
2.25%, 04/01/2023		11,344,000		11,315,113
4.45%, 10/02/2023		13,927,000		13,839,217

				109,084,450

Textiles, Apparel & Luxury Goods-0.17%
NIKE, Inc., 2.25%, 05/01/2023		4,540,000		4,519,580

Tobacco-1.09%
Philip Morris International, Inc.
2.63%, 03/06/2023		6,204,000		6,202,383
1.13%, 05/01/2023		7,760,000		7,704,649
2.13%, 05/10/2023		5,177,000		5,148,318
3.60%, 11/15/2023		5,147,000		5,096,348
Reynolds American, Inc. (United Kingdom), 4.85%, 09/15/2023		5,686,000		5,667,033

				29,818,731


	Principal Amount		Value
Trading Companies & Distributors-0.47%
Air Lease Corp.
3.88%, 07/03/2023	$	5,207,000	$	5,181,195
3.00%, 09/15/2023		7,760,000		7,661,032

				12,842,227

Wireless Telecommunication Services-2.16%
Rogers Communications, Inc. (Canada)
3.00%, 03/15/2023		4,803,000		4,798,663
4.10%, 10/01/2023		9,810,000		9,742,823
Sprint LLC, 7.88%, 09/15/2023		44,029,000		44,479,816

				59,021,302

Total U.S. Dollar Denominated Bonds & Notes (Cost $2,503,482,260)				2,480,892,928


	Shares
Money Market Funds-10.52%
Invesco Government & Agency Portfolio, Institutional Class, 4.51%^(b)(c) (Cost $286,952,040)		286,952,040		286,952,040

TOTAL INVESTMENTS IN SECURITIES-101.50% (Cost $2,790,434,300)				2,767,844,968
OTHER ASSETS LESS LIABILITIES-(1.50)%				(40,809,724	)

NET ASSETS-100.00%			$	2,727,035,244

See accompanying Notes to Financial Statements which are an integral part of the financial statements.


	Principal Amount		Value
U.S. Dollar Denominated Bonds & Notes-99.04%
Aerospace & Defense-1.68%
Boeing Co. (The)
1.95%, 02/01/2024^(b)	$	12,330,000	$	11,911,163
1.43%, 02/04/2024		36,980,000		35,569,698
General Dynamics Corp., 2.38%, 11/15/2024		6,160,000		5,869,614
Howmet Aerospace, Inc., 5.13%, 10/01/2024		13,180,000		13,046,882

				66,397,357

Air Freight & Logistics-0.15%
United Parcel Service, Inc., 2.80%, 11/15/2024		6,300,000		6,069,250

Airlines-0.27%
Delta Air Lines, Inc., 2.90%, 10/28/2024^(b)		11,200,000		10,666,964

Auto Components-0.23%
Magna International, Inc. (Canada), 3.63%, 06/15/2024		9,242,000		9,027,758

Automobiles-4.75%
American Honda Finance Corp.
2.90%, 02/16/2024		6,165,000		6,019,244
2.40%, 06/27/2024		6,160,000		5,933,299
0.55%, 07/12/2024		11,090,000		10,399,945
0.75%, 08/09/2024		12,327,000		11,563,245
2.15%, 09/10/2024		9,242,000		8,822,489
General Motors Financial Co., Inc.
1.05%, 03/08/2024		10,475,000		10,007,460
3.95%, 04/13/2024		15,410,000		15,117,195
1.20%, 10/15/2024^(b)		10,475,000		9,740,619
3.50%, 11/07/2024^(b)		9,242,000		8,922,629
PACCAR Financial Corp., 3.15%, 06/13/2024		6,190,000		6,032,475
Toyota Motor Corp. (Japan)
0.68%, 03/25/2024^(b)		15,410,000		14,694,332
2.36%, 07/02/2024		6,200,000		5,969,954
Toyota Motor Credit Corp.
0.45%, 01/11/2024		12,659,000		12,149,791
2.50%, 03/22/2024^(b)		14,790,000		14,373,594
2.90%, 04/17/2024		6,160,000		6,002,430
0.50%, 06/18/2024		10,475,000		9,864,127
0.63%, 09/13/2024^(b)		12,401,000		11,582,052
4.40%, 09/20/2024		15,410,000		15,238,891
2.00%, 10/07/2024^(b)		6,115,000		5,817,360

				188,251,131

Banks-18.23%
Banco Santander S.A. (Spain), 3.89%, 05/24/2024		18,518,000		18,132,487
Bank of America Corp.
4.13%, 01/22/2024^(b)		30,816,000		30,508,594
4.00%, 04/01/2024^(b)		28,413,000		27,996,471
4.20%, 08/26/2024		36,978,000		36,277,336
Bank of Montreal (Canada)
2.15%, 03/08/2024^(b)		15,351,000		14,859,040
5.20%, 12/12/2024^(b)		12,330,000		12,299,257
Series H, 4.25%, 09/14/2024		18,484,000		18,166,284


	Principal Amount		Value
Banks-(continued)
Bank of Nova Scotia (The) (Canada)
2.44%, 03/11/2024^(b)	$	11,096,000	$	10,781,461
5.25%, 12/06/2024		12,321,000		12,303,419
Barclays Bank PLC, 3.75%, 05/15/2024		7,280,000		7,129,578
Barclays PLC (United Kingdom), 4.38%, 09/11/2024		15,330,000		14,966,691
BNP Paribas S.A. (France), 4.25%, 10/15/2024		12,360,000		12,074,193
BPCE S.A. (France), 4.00%, 04/15/2024		18,380,000		18,063,915
Canadian Imperial Bank of Commerce (Canada), 1.00%, 10/18/2024^(b)		8,011,000		7,467,110
Citigroup, Inc.
3.75%, 06/16/2024^(b)		7,679,000		7,526,663
4.00%, 08/05/2024^(b)		9,249,000		9,102,867
Cooperatieve Rabobank U.A. (Netherlands)
0.38%, 01/12/2024		9,250,000		8,877,342
3.88%, 08/22/2024^(b)		12,300,000		12,063,009
Fifth Third Bancorp, 4.30%, 01/16/2024		9,242,000		9,139,493
HSBC Holdings PLC (United Kingdom), 4.25%, 03/14/2024		24,740,000		24,375,377
HSBC USA, Inc.
3.75%, 05/24/2024		12,350,000		12,095,215
3.50%, 06/23/2024^(b)		9,200,000		8,972,838
Intesa Sanpaolo S.p.A. (Italy), 5.25%, 01/12/2024		7,934,000		7,894,803
JPMorgan Chase & Co.
3.88%, 02/01/2024		18,493,000		18,205,045
3.63%, 05/13/2024^(b)		24,649,000		24,213,459
3.88%, 09/10/2024^(b)		36,978,000		36,110,202
Lloyds Banking Group PLC (United Kingdom), 4.50%, 11/04/2024^(b)		12,270,000		12,036,588
Mitsubishi UFJ Financial Group, Inc. (Japan), 2.80%, 07/18/2024		12,361,000		11,911,561
National Bank of Canada (Canada), 0.75%, 08/06/2024^(b)		6,100,000		5,715,520
NatWest Group PLC (United Kingdom), 5.13%, 05/28/2024		10,624,000		10,536,115
PNC Bank N.A.
2.50%, 08/27/2024		7,350,000		7,065,672
3.30%, 10/30/2024		6,055,000		5,870,437
PNC Financial Services Group, Inc. (The)
3.90%, 04/29/2024^(b)		9,242,000		9,092,174
2.20%, 11/01/2024^(b)		8,009,000		7,645,431
Royal Bank of Canada (Canada)
3.97%, 07/26/2024		18,484,000		18,130,112
0.65%, 07/29/2024		10,475,000		9,807,194
5.66%, 10/25/2024^(b)		14,170,000		14,273,249
Santander UK PLC (United Kingdom), 4.00%, 03/13/2024^(b)		12,229,000		12,067,014
Sumitomo Mitsui Banking Corp. (Japan)
3.95%, 01/10/2024^(b)		6,202,000		6,124,410
3.40%, 07/11/2024^(b)		6,133,000		5,966,134

See accompanying Notes to Financial Statements which are an integral part of the financial statements.


	Principal Amount		Value
Banks-(continued)
Sumitomo Mitsui Financial Group, Inc. (Japan)
0.51%, 01/12/2024	$	6,240,000	$	5,984,123
2.70%, 07/16/2024		24,740,000		23,821,394
2.45%, 09/27/2024		12,360,000		11,791,455
Toronto-Dominion Bank (The) (Canada)
2.35%, 03/08/2024^(b)		18,484,000		17,928,531
4.29%, 09/13/2024		18,484,000		18,204,859
1.25%, 12/13/2024^(b)		6,109,000		5,687,734
Truist Bank, 2.15%, 12/06/2024		15,440,000		14,649,371
Truist Financial Corp., 2.85%, 10/26/2024		12,329,000		11,914,119
U.S. Bancorp
3.70%, 01/30/2024		9,242,000		9,098,839
3.60%, 09/11/2024^(b)		12,329,000		12,039,163
Wells Fargo & Co.
4.48%, 01/16/2024		8,904,000		8,829,356
3.30%, 09/09/2024^(b)		27,732,000		26,931,606

				722,724,310

Beverages-1.37%
Coca-Cola Co. (The), 1.75%, 09/06/2024^(b)		12,330,000		11,841,803
Constellation Brands, Inc., 3.60%, 05/09/2024^(b)		6,796,000		6,660,298
Diageo Capital PLC (United Kingdom), 2.13%, 10/24/2024^(b)		7,500,000		7,130,033
Keurig Dr Pepper, Inc., 0.75%, 03/15/2024		14,174,000		13,487,955
PepsiCo, Inc., 3.60%, 03/01/2024		15,410,000		15,204,292

				54,324,381

Biotechnology-2.07%
AbbVie, Inc., 2.60%, 11/21/2024		46,085,000		43,960,111
Amgen, Inc., 3.63%, 05/22/2024		17,260,000		16,882,382
Gilead Sciences, Inc., 3.70%, 04/01/2024^(b)		21,571,000		21,199,250

				82,041,743

Capital Markets-9.81%
Ameriprise Financial, Inc., 3.70%, 10/15/2024^(b)		7,000,000		6,836,693
Bank of New York Mellon Corp. (The)
0.50%, 04/26/2024		7,399,000		7,006,069
3.40%, 05/15/2024		6,166,000		6,030,005
3.25%, 09/11/2024^(b)		6,163,000		5,983,770
2.10%, 10/24/2024		12,322,000		11,724,184
Series 12, 3.65%, 02/04/2024		9,242,000		9,104,859
Series J, 0.85%, 10/25/2024^(b)		8,631,000		8,053,530
BlackRock, Inc., 3.50%, 03/18/2024		12,600,000		12,397,797
Brookfield Finance, Inc. (Canada), 4.00%, 04/01/2024^(b)		9,400,000		9,252,352
Charles Schwab Corp. (The), 0.75%, 03/18/2024		18,700,000		17,838,882
Credit Suisse AG (Switzerland)
0.50%, 02/02/2024^(b)		11,400,000		10,750,295
4.75%, 08/09/2024		13,710,000		13,208,473
3.63%, 09/09/2024		35,610,000		33,672,998


	Principal Amount		Value
Capital Markets-(continued)
Deutsche Bank AG (Germany)
3.70%, 05/30/2024	$	9,330,000	$	9,066,308
3.70%, 05/30/2024		9,607,000		9,404,597
FS KKR Capital Corp., 1.65%, 10/12/2024		6,120,000		5,669,016
Goldman Sachs Group, Inc. (The)
4.00%, 03/03/2024^(b)		36,979,000		36,440,551
3.00%, 03/15/2024		28,347,000		27,607,712
3.85%, 07/08/2024		27,736,000		27,151,445
5.70%, 11/01/2024		24,656,000		24,812,420
Moody’s Corp., 4.88%, 02/15/2024^(b)		6,200,000		6,161,450
Morgan Stanley
3.70%, 10/23/2024		36,973,000		36,032,242
Series F, 3.88%, 04/29/2024		36,981,000		36,407,864
State Street Corp., 3.30%, 12/16/2024^(b)		12,329,000		11,942,778
Stifel Financial Corp., 4.25%, 07/18/2024		6,500,000		6,381,088

				388,937,378

Chemicals-1.37%
Celanese US Holdings LLC, 5.90%, 07/05/2024^(b)		24,700,000		24,681,343
LyondellBasell Industries N.V., 5.75%, 04/15/2024		9,500,000		9,499,336
Nutrien Ltd. (Canada), 5.90%, 11/07/2024		6,300,000		6,337,716
Sherwin-Williams Co. (The)
3.13%, 06/01/2024		6,160,000		5,992,716
4.05%, 08/08/2024		7,798,000		7,645,716

				54,156,827

Communications Equipment-0.31%
Cisco Systems, Inc., 3.63%, 03/04/2024		12,400,000		12,218,819

Construction & Engineering-0.14%
Quanta Services, Inc., 0.95%, 10/01/2024		6,120,000		5,666,176

Consumer Finance-2.48%
Ally Financial, Inc., 5.13%, 09/30/2024		8,631,000		8,560,884
American Express Co.
3.38%, 05/03/2024		24,656,000		24,100,038
3.00%, 10/30/2024^(b)		20,340,000		19,607,579
3.63%, 12/05/2024		7,391,000		7,176,295
Capital One Financial Corp., 3.75%, 04/24/2024		9,242,000		9,066,618
Discover Bank, 2.45%, 09/12/2024		9,210,000		8,765,044
Discover Financial Services, 3.95%, 11/06/2024^(b)		6,160,000		5,998,195
Synchrony Financial, 4.25%, 08/15/2024^(b)		15,407,000		15,043,481

				98,318,134

Containers & Packaging-0.23%
Berry Global, Inc., 0.95%, 02/15/2024		9,700,000		9,262,868

See accompanying Notes to Financial Statements which are an integral part of the financial statements.


	Principal Amount		Value
Diversified Financial Services-1.87%
AerCap Ireland Capital DAC/AerCap Global Aviation Trust (Ireland)
3.15%, 02/15/2024	$	11,080,000	$	10,810,179
1.65%, 10/29/2024		40,060,000		37,185,461
Series 3NC1, 1.75%, 10/29/2024^(b)		12,490,000		11,606,451
National Rural Utilities Cooperative Finance Corp., 0.35%, 02/08/2024		6,300,000		6,009,720
ORIX Corp. (Japan), 3.25%, 12/04/2024^(b)		8,800,000		8,472,238

				74,084,049

Diversified Telecommunication Services-1.50%
AT&T, Inc., 0.90%, 03/25/2024		27,800,000		26,517,124
Bell Canada (Canada), Series US-3, 0.75%, 03/17/2024		7,400,000		7,074,481
Verizon Communications, Inc.
0.75%, 03/22/2024		12,320,000		11,742,603
3.50%, 11/01/2024^(b)		14,310,000		13,948,164

				59,282,372

Electric Utilities-3.16%
Avangrid, Inc., 3.15%, 12/01/2024		7,500,000		7,203,723
Duke Energy Corp., 3.75%, 04/15/2024 .		12,280,000		12,055,846
Edison International, 3.55%, 11/15/2024^(b)		6,160,000		5,948,150
Entergy Louisiana LLC, 0.95%, 10/01/2024^(b)		12,330,000		11,506,156
Evergy, Inc., 2.45%, 09/15/2024		10,000,000		9,525,254
Eversource Energy, 4.20%, 06/27/2024^(b)		11,200,000		11,012,860
Florida Power & Light Co., 3.25%, 06/01/2024		6,190,000		6,032,984
Interstate Power and Light Co., 3.25%, 12/01/2024		6,160,000		5,934,484
MidAmerican Energy Co., 3.50%, 10/15/2024^(b)		6,190,000		6,025,247
NextEra Energy Capital Holdings, Inc.
2.94%, 03/21/2024		13,700,000		13,346,044
4.20%, 06/20/2024		9,400,000		9,246,596
Pacific Gas and Electric Co., 3.25%, 02/16/2024		12,500,000		12,226,637
Southern California Edison Co., 1.10%, 04/01/2024		8,560,000		8,156,339
Southern Co. (The), Series 21-A, 0.60%, 02/26/2024		7,400,000		7,048,975

				125,269,295

Electronic Equipment, Instruments & Components-0.72%
Arrow Electronics, Inc., 3.25%, 09/08/2024		6,300,000		6,090,920
CDW LLC/CDW Finance Corp., 5.50%, 12/01/2024		7,030,000		6,978,857
Keysight Technologies, Inc., 4.55%, 10/30/2024		7,500,000		7,389,726
TD SYNNEX Corp., 1.25%, 08/09/2024		8,800,000		8,238,793

				28,698,296


	Principal Amount		Value
Entertainment-0.75%
Take-Two Interactive Software, Inc., 3.30%, 03/28/2024	$	12,400,000	$	12,116,493
Walt Disney Co. (The), 1.75%, 08/30/2024		18,500,000		17,589,285

				29,705,778

Equity REITs-2.12%
American Tower Corp.
0.60%, 01/15/2024		6,160,000		5,901,670
5.00%, 02/15/2024		12,400,000		12,320,010
Boston Properties L.P., 3.80%, 02/01/2024		8,700,000		8,550,118
Brixmor Operating Partnership L.P., 3.65%, 06/15/2024		6,155,000		5,962,061
Crown Castle, Inc., 3.20%, 09/01/2024^(b)		9,300,000		8,986,815
Realty Income Corp., 5.05%, 01/13/2026		6,300,000		6,243,106
Simon Property Group L.P.
3.75%, 02/01/2024		7,400,000		7,285,294
2.00%, 09/13/2024		12,400,000		11,798,344
3.38%, 10/01/2024		11,090,000		10,751,228
W.P. Carey, Inc., 4.60%, 04/01/2024		6,300,000		6,222,370

				84,021,016

Food & Staples Retailing-1.45%
Costco Wholesale Corp., 2.75%, 05/18/2024		12,330,000		11,975,411
Kroger Co. (The), 4.00%, 02/01/2024		6,200,000		6,112,628
Walgreens Boots Alliance, Inc., 3.80%, 11/18/2024		14,260,000		13,863,972
Walmart, Inc.
3.30%, 04/22/2024		18,490,000		18,132,401
2.65%, 12/15/2024^(b)		7,772,000		7,494,366

				57,578,778

Food Products-1.17%
General Mills, Inc., 3.65%, 02/15/2024		6,161,000		6,056,598
Hormel Foods Corp., 0.65%, 06/03/2024		11,708,000		11,058,140
McCormick & Co., Inc., 3.15%, 08/15/2024		8,631,000		8,343,200
Mondelez International, Inc., 2.13%, 03/17/2024^(b)		6,165,000		5,974,760
Tyson Foods, Inc., 3.95%, 08/15/2024		15,410,000		15,104,056

				46,536,754

Gas Utilities-0.49%
Eastern Energy Gas Holdings LLC, Series A, 2.50%, 11/15/2024^(b)		7,368,000		7,034,117
ONE Gas, Inc., 1.10%, 03/11/2024		6,708,000		6,416,551
Southern California Gas Co., 3.15%, 09/15/2024		6,160,000		5,953,969

				19,404,637

Health Care Equipment & Supplies-1.61%
Baxter International, Inc., 1.32%, 11/29/2024		17,070,000		15,905,845
Becton, Dickinson and Co.
3.36%, 06/06/2024		12,404,000		12,090,529
3.73%, 12/15/2024		10,785,000		10,488,110

See accompanying Notes to Financial Statements which are an integral part of the financial statements.


	Principal Amount		Value
Health Care Equipment & Supplies-(continued)
DH Europe Finance II S.a.r.l., 2.20%, 11/15/2024^(b)	$	8,631,000	$	8,216,786
Stryker Corp., 3.38%, 05/15/2024		7,398,000		7,222,545
Zimmer Biomet Holdings, Inc., 1.45%, 11/22/2024^(b)		10,475,000		9,767,044

				63,690,859

Health Care Providers & Services-3.62%
Aetna, Inc., 3.50%, 11/15/2024		9,400,000		9,111,144
AmerisourceBergen Corp., 3.40%, 05/15/2024		6,165,000		6,013,845
Cardinal Health, Inc., 3.08%, 06/15/2024		9,242,000		8,952,740
Cigna Group (The)
0.61%, 03/15/2024		6,165,000		5,871,644
3.50%, 06/15/2024		8,792,000		8,580,759
CommonSpirit Health, 2.76%, 10/01/2024		9,477,000		9,098,531
CVS Health Corp., 3.38%, 08/12/2024		8,399,000		8,159,413
Elevance Health, Inc.
3.50%, 08/15/2024		9,860,000		9,596,411
3.35%, 12/01/2024^(b)		10,480,000		10,140,473
HCA, Inc., 5.00%, 03/15/2024^(b)		24,650,000		24,492,287
Humana, Inc., 3.85%, 10/01/2024		7,398,000		7,223,512
Laboratory Corp. of America Holdings, 3.25%, 09/01/2024		7,398,000		7,159,963
McKesson Corp., 3.80%, 03/15/2024^(b)		11,229,000		11,051,097
UnitedHealth Group, Inc.
0.55%, 05/15/2024		12,330,000		11,648,194
5.00%, 10/15/2024		6,167,000		6,163,645

				143,263,658

Hotels, Restaurants & Leisure-0.37%
Hyatt Hotels Corp., 1.80%, 10/01/2024		9,195,000		8,677,477
McDonald’s Corp., 3.25%, 06/10/2024		6,160,000		6,022,263

				14,699,740

Household Durables-0.35%
D.R. Horton, Inc., 2.50%, 10/15/2024		6,165,000		5,880,149
Lennar Corp., 4.50%, 04/30/2024		8,009,000		7,905,676

				13,785,825

Household Products-0.15%
Colgate-Palmolive Co., 3.25%, 03/15/2024^(b)		6,115,000		5,999,633

Insurance-1.55%
American International Group, Inc., 4.13%, 02/15/2024		5,700,000		5,626,399
Aon Global Ltd., 3.50%, 06/14/2024		7,400,000		7,224,456
Brown & Brown, Inc., 4.20%, 09/15/2024		6,205,000		6,076,303
Chubb INA Holdings, Inc., 3.35%, 05/15/2024^(b)		8,700,000		8,502,952
CNA Financial Corp., 3.95%, 05/15/2024		6,900,000		6,781,775
Marsh & McLennan Cos., Inc., 3.50%, 06/03/2024		7,398,000		7,218,018


	Principal Amount		Value
Insurance-(continued)
MetLife, Inc., 3.60%, 04/10/2024	$	12,230,000	$	11,969,118
Willis North America, Inc., 3.60%, 05/15/2024		8,200,000		7,990,019

				61,389,040

Interactive Media & Services-0.26%
Alphabet, Inc., 3.38%, 02/25/2024		10,600,000		10,416,611

Internet & Direct Marketing Retail-2.79%
Amazon.com, Inc.
2.73%, 04/13/2024^(b)		18,490,000		18,008,152
0.45%, 05/12/2024		30,813,000		29,159,527
2.80%, 08/22/2024		24,649,000		23,860,250
4.70%, 11/29/2024		15,410,000		15,330,182
3.80%, 12/05/2024		15,410,000		15,077,512
eBay, Inc., 3.45%, 08/01/2024		9,210,000		8,987,949

				110,423,572

IT Services-2.27%
Fidelity National Information Services, Inc., 0.60%, 03/01/2024		9,300,000		8,872,676
Fiserv, Inc., 2.75%, 07/01/2024		24,800,000		23,886,991
Global Payments, Inc., 1.50%, 11/15/2024		6,300,000		5,868,001
International Business Machines Corp., 3.63%, 02/12/2024		24,620,000		24,197,857
Mastercard, Inc., 3.38%, 04/01/2024		12,400,000		12,169,070
PayPal Holdings, Inc., 2.40%, 10/01/2024^(b)		15,500,000		14,845,279

				89,839,874

Leisure Products-0.15%
Hasbro, Inc., 3.00%, 11/19/2024^(b)		6,165,000		5,912,666

Life Sciences Tools & Services-0.95%
PerkinElmer, Inc., 0.85%, 09/15/2024		9,453,000		8,799,281
Thermo Fisher Scientific, Inc., 1.22%, 10/18/2024		30,813,000		28,887,332

				37,686,613

Machinery-4.25%
Caterpillar Financial Services Corp.
0.95%, 01/10/2024		14,790,000		14,256,915
0.45%, 05/17/2024		13,560,000		12,812,154
0.60%, 09/13/2024		9,302,000		8,682,417
2.15%, 11/08/2024^(b)		12,330,000		11,760,991
3.25%, 12/01/2024^(b)		7,690,000		7,471,435
Caterpillar, Inc., 3.40%, 05/15/2024		12,330,000		12,085,489
CNH Industrial Capital LLC, 4.20%, 01/15/2024		6,160,000		6,094,270
Illinois Tool Works, Inc., 3.50%, 03/01/2024		8,630,000		8,515,973
John Deere Capital Corp.
0.90%, 01/10/2024		6,161,000		5,937,388
0.45%, 01/17/2024		9,860,000		9,457,942
0.45%, 06/07/2024^(b)		7,400,000		6,970,766
3.35%, 06/12/2024		6,300,000		6,158,226
2.65%, 06/24/2024		7,400,000		7,163,905
0.63%, 09/10/2024^(b)		6,160,000		5,761,103
4.55%, 10/11/2024^(b)		7,393,000		7,341,444

See accompanying Notes to Financial Statements which are an integral part of the financial statements.


	Principal Amount		Value
Machinery-(continued)
Parker-Hannifin Corp.
3.65%, 06/15/2024	$	17,260,000	$	16,878,310
3.30%, 11/21/2024		6,160,000		5,961,503
Trane Technologies Luxembourg Finance
S.A., 3.55%, 11/01/2024		6,300,000		6,119,856
Wabtec Corp., 4.40%, 03/15/2024		8,940,000		8,810,902

				168,240,989

Media-0.80%
Charter Communications Operating LLC/ Charter Communications Operating Capital Corp., 4.50%, 02/01/2024		13,600,000		13,434,978
Omnicom Group, Inc./Omnicom Capital, Inc., 3.65%, 11/01/2024		9,300,000		9,028,413
WPP Finance 2010 (United Kingdom), 3.75%, 09/19/2024		9,300,000		9,025,714

				31,489,105

Metals & Mining-0.22%
Freeport-McMoRan, Inc., 4.55%, 11/14/2024		9,001,000		8,842,687

Multiline Retail-0.53%
Dollar General Corp., 4.25%, 09/20/2024		9,242,000		9,083,531
Target Corp., 3.50%, 07/01/2024^(b)		12,329,000		12,058,058

				21,141,589

Multi-Utilities-0.35%
Black Hills Corp., 1.04%, 08/23/2024		7,398,000		6,916,568
WEC Energy Group, Inc., 0.80%, 03/15/2024^(b)		7,398,000		7,049,431

				13,965,999

Oil, Gas & Consumable Fuels-8.07%
Boardwalk Pipelines L.P., 4.95%, 12/15/2024		7,338,000		7,222,315
Canadian Natural Resources Ltd. (Canada), 3.80%, 04/15/2024^(b)		6,155,000		6,034,724
Chevron Corp., 2.90%, 03/03/2024		12,399,000		12,126,246
Chevron USA, Inc., 3.90%, 11/15/2024^(b)		7,709,000		7,565,385
ConocoPhillips Co.
2.13%, 03/08/2024		11,196,000		10,852,322
3.35%, 11/15/2024		5,210,000		5,059,151
Continental Resources, Inc., 3.80%, 06/01/2024^(b)		11,010,000		10,748,665
Enbridge, Inc. (Canada), 3.50%, 06/10/2024^(b)		6,160,000		6,003,696
Energy Transfer L.P.
4.25%, 04/01/2024		6,160,000		6,065,181
3.90%, 05/15/2024		7,390,000		7,222,861
Enterprise Products Operating LLC, 3.90%, 02/15/2024		10,600,000		10,438,390
Equinor ASA (Norway), 3.70%, 03/01/2024^(b)		12,500,000		12,310,699
Exxon Mobil Corp.
3.18%, 03/15/2024		12,330,000		12,082,477
2.02%, 08/16/2024^(b)		12,501,000		11,955,323


	Principal Amount		Value
Oil, Gas & Consumable Fuels-(continued)
Kinder Morgan Energy Partners L.P.
4.15%, 02/01/2024	$	8,010,000	$	7,903,846
4.30%, 05/01/2024		7,498,000		7,393,033
4.25%, 09/01/2024		8,099,000		7,940,464
Marathon Petroleum Corp., 3.63%, 09/15/2024		9,232,000		8,993,080
MPLX L.P., 4.88%, 12/01/2024		14,159,000		13,971,888
Phillips 66, 0.90%, 02/15/2024		10,003,000		9,577,791
Plains All American Pipeline L.P./PAA Finance Corp., 3.60%, 11/01/2024		9,302,000		9,004,212
Sabine Pass Liquefaction LLC, 5.75%, 05/15/2024^(b)		24,626,000		24,624,348
Shell International Finance B.V. (Netherlands), 2.00%, 11/07/2024^(b)		15,405,000		14,646,277
Spectra Energy Partners L.P., 4.75%, 03/15/2024		12,330,000		12,225,083
Targa Resources Partners L.P./Targa Resources Partners Finance Corp., 6.88%, 01/15/2029		8,340,000		8,453,007
TotalEnergies Capital International S.A. (France)
3.70%, 01/15/2024		12,500,000		12,322,791
3.75%, 04/10/2024		15,500,000		15,235,422
TransCanada PipeLines Ltd. (Canada), 1.00%, 10/12/2024		15,497,000		14,390,656
Williams Cos., Inc. (The)
4.30%, 03/04/2024		12,503,000		12,347,564
4.55%, 06/24/2024		15,500,000		15,291,016

				320,007,913

Paper & Forest Products-0.16%
Georgia-Pacific LLC, 8.00%, 01/15/2024		6,160,000		6,292,880

Personal Products-0.95%
Estee Lauder Cos., Inc. (The), 2.00%, 12/01/2024		6,159,000		5,843,223
GSK Consumer Healthcare Capital US LLC, 3.02%, 03/24/2024		8,200,000		7,975,980
Unilever Capital Corp. (United Kingdom)
3.25%, 03/07/2024^(b)		6,130,000		6,011,087
2.60%, 05/05/2024		12,323,000		11,953,721
0.63%, 08/12/2024		6,130,000		5,740,648

				37,524,659

Pharmaceuticals-1.59%
Astrazeneca Finance LLC (United Kingdom), 0.70%, 05/28/2024		19,797,000		18,731,637
Novartis Capital Corp. (Switzerland), 3.40%, 05/06/2024		26,500,000		25,970,181
Pfizer, Inc., 3.40%, 05/15/2024		12,330,000		12,079,285
Wyeth LLC, 6.45%, 02/01/2024		6,165,000		6,220,662

				63,001,765

Professional Services-0.22%
Equifax, Inc., 2.60%, 12/01/2024		9,300,000		8,848,353

Road & Rail-0.97%
Burlington Northern Santa Fe LLC
3.75%, 04/01/2024^(b)		6,180,000		6,080,942
3.40%, 09/01/2024^(b)		8,800,000		8,571,507

See accompanying Notes to Financial Statements which are an integral part of the financial statements.


	Principal Amount		Value
Road & Rail-(continued)
Canadian Pacific Railway Co. (Canada), 1.35%, 12/02/2024^(b)	$	18,500,000	$	17,251,974
CSX Corp., 3.40%, 08/01/2024		6,780,000		6,601,481

				38,505,904

Semiconductors & Semiconductor Equipment-2.18%
Broadcom Corp./Broadcom Cayman Finance Ltd., 3.63%, 01/15/2024		10,300,000		10,148,810
Intel Corp.
2.88%, 05/11/2024^(b)		15,490,000		15,074,067
2.70%, 06/17/2024		590,000		569,960
KLA Corp., 4.65%, 11/01/2024		9,300,000		9,257,704
Microchip Technology, Inc., 0.97%, 02/15/2024		17,300,000		16,537,235
NVIDIA Corp., 0.58%, 06/14/2024^(b)		15,500,000		14,618,828
QUALCOMM, Inc., 2.90%, 05/20/2024^(b)		11,400,000		11,094,649
Xilinx, Inc., 2.95%, 06/01/2024		9,300,000		9,037,191

				86,338,444

Software-2.71%
Microsoft Corp., 2.88%, 02/06/2024		28,000,000		27,398,826
Oracle Corp.
3.40%, 07/08/2024		24,800,000		24,144,744
2.95%, 11/15/2024		24,800,000		23,787,642
Roper Technologies, Inc., 2.35%, 09/15/2024^(b)		6,160,000		5,882,977
salesforce.com, inc., 0.63%, 07/15/2024^(b)		12,400,000		11,658,009
VMware, Inc., 1.00%, 08/15/2024		15,500,000		14,488,260

				107,360,458

Specialty Retail-0.64%
Dell International LLC/EMC Corp., 4.00%, 07/15/2024		12,398,000		12,152,895
Home Depot, Inc. (The), 3.75%, 02/15/2024		13,560,000		13,385,839

				25,538,734

Technology Hardware, Storage & Peripherals-2.36%
Apple, Inc.
3.00%, 02/09/2024		21,698,000		21,264,945
3.45%, 05/06/2024^(b)		31,000,000		30,442,115
2.85%, 05/11/2024^(b)		21,698,000		21,150,481
1.80%, 09/11/2024^(b)		9,300,000		8,864,978
Hewlett Packard Enterprise Co., 1.45%, 04/01/2024		12,400,000		11,866,987

				93,589,506

Tobacco-1.07%
Altria Group, Inc., 4.00%, 01/31/2024		9,567,000		9,452,238
BAT Capital Corp. (United Kingdom), 2.79%, 09/06/2024		12,330,000		11,823,726

Investment Abbreviations:

REIT-Real Estate Investment Trust


	Principal Amount		Value
Tobacco-(continued)
Philip Morris International, Inc.
3.25%, 11/10/2024^(b)	$	9,300,000	$	9,006,329
5.13%, 11/15/2024^(b)		12,330,000		12,298,846

				42,581,139

Trading Companies & Distributors-0.55%
Air Lease Corp.
0.70%, 02/15/2024		9,300,000		8,865,244
0.80%, 08/18/2024		7,496,000		6,964,428
4.25%, 09/15/2024^(b)		6,160,000		6,038,053

				21,867,725

Wireless Telecommunication Services-1.03%
Sprint LLC, 7.13%, 06/15/2024		30,900,000		31,317,150
Vodafone Group PLC (United Kingdom), 3.75%, 01/16/2024		9,700,000		9,567,236

				40,884,386

Total U.S. Dollar Denominated Bonds & Notes (Cost $4,048,372,262)				3,925,774,397

	Shares
Money Market Funds-0.09%
Invesco Government & Agency Portfolio, Institutional Class, 4.51%^(c)(d) (Cost $3,355,467)		3,355,467		3,355,467

TOTAL INVESTMENTS IN SECURITIES (excluding investments purchased with cash collateral from securities on loan)-99.13% (Cost $4,051,727,729)				3,929,129,864


Investments Purchased with Cash Collateral from Securities on Loan

Money Market Funds-5.75%
Invesco Private Government Fund, 4.58%^(c)(d)(e)		63,822,483		63,822,483
Invesco Private Prime Fund, 4.83%^(c)(d)(e)		164,082,141		164,114,952

Total Investments Purchased with Cash Collateral from Securities on Loan (Cost $227,940,974)				227,937,435

TOTAL INVESTMENTS IN SECURITIES-104.88% (Cost $4,279,668,703)				4,157,067,299
OTHER ASSETS LESS LIABILITIES-(4.88)%				(193,295,474	)

NET ASSETS-100.00%			$	3,963,771,825

See accompanying Notes to Financial Statements which are an integral part of the financial statements.


		BSCN		Invesco BulletShares 2023 Corporate Bond ETF

		BSCO		Invesco BulletShares 2024 Corporate Bond ETF

		BSCP		Invesco BulletShares 2025 Corporate Bond ETF

		BSCQ		Invesco BulletShares 2026 Corporate Bond ETF

		BSCR		Invesco BulletShares 2027 Corporate Bond ETF

		BSCS		Invesco BulletShares 2028 Corporate Bond ETF

		BSCT		Invesco BulletShares 2029 Corporate Bond ETF

		BSCU		Invesco BulletShares 2030 Corporate Bond ETF

		BSCV		Invesco BulletShares 2031 Corporate Bond ETF

		BSCW		Invesco BulletShares 2032 Corporate Bond ETF

		BSJN		Invesco BulletShares 2023 High Yield Corporate Bond ETF

		BSJO		Invesco BulletShares 2024 High Yield Corporate Bond ETF

		BSJP		Invesco BulletShares 2025 High Yield Corporate Bond ETF

		BSJQ		Invesco BulletShares 2026 High Yield Corporate Bond ETF

		BSJR		Invesco BulletShares 2027 High Yield Corporate Bond ETF

		BSJS		Invesco BulletShares 2028 High Yield Corporate Bond ETF

		BSJT		Invesco BulletShares 2029 High Yield Corporate Bond ETF

		BSJU		Invesco BulletShares 2030 High Yield Corporate Bond ETF

		BSMN		Invesco BulletShares 2023 Municipal Bond ETF

		BSMO		Invesco BulletShares 2024 Municipal Bond ETF

		BSMP		Invesco BulletShares 2025 Municipal Bond ETF

		BSMQ		Invesco BulletShares 2026 Municipal Bond ETF

		BSMR		Invesco BulletShares 2027 Municipal Bond ETF

		BSMS		Invesco BulletShares 2028 Municipal Bond ETF

		BSMT		Invesco BulletShares 2029 Municipal Bond ETF

		BSMU		Invesco BulletShares 2030 Municipal Bond ETF

		BSMV		Invesco BulletShares 2031 Municipal Bond ETF

		BSMW		Invesco BulletShares 2032 Municipal Bond ETF

		BSCE		Invesco BulletShares 2023 USD Emerging Markets Debt ETF

		BSDE		Invesco BulletShares 2024 USD Emerging Markets Debt ETF


Schedules of Investments

Invesco BulletShares 2023 Corporate Bond ETF (BSCN)			3

Invesco BulletShares 2024 Corporate Bond ETF (BSCO)			9

Invesco BulletShares 2025 Corporate Bond ETF (BSCP)			16

Invesco BulletShares 2026 Corporate Bond ETF (BSCQ)			25

Invesco BulletShares 2027 Corporate Bond ETF (BSCR)			33

Invesco BulletShares 2028 Corporate Bond ETF (BSCS)			41

Invesco BulletShares 2029 Corporate Bond ETF (BSCT)			47

Invesco BulletShares 2030 Corporate Bond ETF (BSCU)			53

Invesco BulletShares 2031 Corporate Bond ETF (BSCV)			59

Invesco BulletShares 2032 Corporate Bond ETF (BSCW)			65

Invesco BulletShares 2023 High Yield Corporate Bond ETF (BSJN)			70

Invesco BulletShares 2024 High Yield Corporate Bond ETF (BSJO)			73

Invesco BulletShares 2025 High Yield Corporate Bond ETF (BSJP)			76

Invesco BulletShares 2026 High Yield Corporate Bond ETF (BSJQ)			81

Invesco BulletShares 2027 High Yield Corporate Bond ETF (BSJR)			86

Invesco BulletShares 2028 High Yield Corporate Bond ETF (BSJS)			91

Invesco BulletShares 2029 High Yield Corporate Bond ETF (BSJT)			97

Invesco BulletShares 2030 High Yield Corporate Bond ETF (BSJU)			104

Invesco BulletShares 2023 Municipal Bond ETF (BSMN)			107

Invesco BulletShares 2024 Municipal Bond ETF (BSMO)			121

Invesco BulletShares 2025 Municipal Bond ETF (BSMP)			139

Invesco BulletShares 2026 Municipal Bond ETF (BSMQ)			155

Invesco BulletShares 2027 Municipal Bond ETF (BSMR)			174

Invesco BulletShares 2028 Municipal Bond ETF (BSMS)			190

Invesco BulletShares 2029 Municipal Bond ETF (BSMT)			205

Invesco BulletShares 2030 Municipal Bond ETF (BSMU)			217

Invesco BulletShares 2031 Municipal Bond ETF (BSMV)			225

Invesco BulletShares 2032 Municipal Bond ETF (BSMW)			231

Invesco BulletShares 2023 USD Emerging Markets Debt ETF (BSCE)			234

Invesco BulletShares 2024 USD Emerging Markets Debt ETF (BSDE)			237

Statements of Assets and Liabilities			242

Statements of Operations			248

Statements of Changes in Net Assets			254

Financial Highlights			264

Notes to Financial Statements			294

Fund Expenses			311

Approval of Investment Advisory Contracts			314


	Value August 31, 2022		Purchases at Cost		Proceeds from Sales		Change in Unrealized Appreciation (Depreciation)		Realized Gain		Value February 28, 2023		Dividend Income

Investments in Affiliated Money Market Funds:

Invesco Government & Agency Portfolio, Institutional Class		$23,958,894		$587,018,669		$(324,025,523)		$ -		$ -		$286,952,040		$1,576,226


	Value August 31, 2022			Purchases at Cost			Proceeds from Sales				Change in Unrealized Appreciation (Depreciation)				Realized Gain			Value February 28, 2023			Dividend Income

Investments Purchased with Cash Collateral from Securities on Loan:

Invesco Private Government Fund		$	20,560,182		$	64,217,296		$	(84,777,478	)		$	-			$	-		$	-		$	344,638	*

Invesco Private Prime Fund			52,869,041			143,288,561			(196,165,355	)			(3,597	)			11,350			-			926,345	*


Total		$	97,388,117		$	794,524,526		$	(604,968,356	)		$	(3,597	)		$	11,350		$	286,952,040		$	2,847,209


Portfolio Composition
Sector Breakdown (% of the Fund’s Net Assets) as of February 28, 2023

Financials			23.32

Health Care			12.22

Information Technology			10.87

Consumer Discretionary			10.27

Energy			8.12

Industrials			7.65

Consumer Staples			7.14

Utilities			6.02

Sector Types Each Less Than 3%			5.37

Money Market Funds Plus Other Assets Less Liabilities			9.02