American Funds - Portfolio holdings | American Funds

Portfolio Holdings

American Funds Insurance Series - Asset Allocation Fund

As of September 30, 2019 (updated quarterly, upon availability)

Fixed-Income Securities* Shares or Principal Amount Market Value
3M Co. 2.25% 2026 500,000 500,208
ACE INA Holdings Inc. 2.30% 2020 1,345,000 1,349,538
ACE INA Holdings Inc. 2.875% 2022 3,880,000 3,978,657
ACE INA Holdings Inc. 3.35% 2026 1,380,000 1,475,205
ACE INA Holdings Inc. 4.35% 2045 800,000 983,822
ADT Corp. 3.50% 2022 4,925,000 4,961,938
AEP Transmission Co. LLC 3.75% 2047 2,390,000 2,613,458
AEP Transmission Co. LLC 3.80% 2049 106,000 116,557
AEP Transmission Co. LLC 4.25% 2048 1,524,000 1,796,892
AES Corp. 5.50% 2025 2,448,000 2,548,980
AG Merger Sub II, Inc. 10.75% 2027 1,904,000 1,942,080
AT&T Inc. 3.80% 2027 305,000 323,689
AT&T Inc. 4.35% 2029 5,135,000 5,679,623
AbbVie Inc. 4.25% 2028 1,525,000 1,657,436
AbbVie Inc. 4.875% 2048 950,000 1,050,409
Abbott Laboratories 2.90% 2021 1,130,000 1,150,766
Abbott Laboratories 3.40% 2023 185,000 194,604
Abbott Laboratories 3.75% 2026 5,012,000 5,465,646
Abbott Laboratories 4.75% 2036 460,000 566,124
Abbott Laboratories 4.90% 2046 500,000 645,999
Air Liquide SA 2.25% 2029 1,381,000 1,356,073
Alexandria Real Estate Equities, Inc. 2.75% 2029 3,739,000 3,690,146
Alexandria Real Estate Equities, Inc. 3.375% 2031 3,280,000 3,423,795
Alexandria Real Estate Equities, Inc. 3.80% 2026 315,000 335,384
Alexandria Real Estate Equities, Inc. 3.95% 2028 1,220,000 1,316,839
Alexandria Real Estate Equities, Inc. 4.85% 2049 410,000 507,218
Allergan PLC 3.00% 2020 525,000 526,561
Allergan PLC 3.45% 2022 3,250,000 3,332,024
Allergan PLC 3.80% 2025 206,000 215,876
Allison Transmission Holdings, Inc. 5.00% 2024 3,205,000 3,281,119
Allstate Corp. 3.85% 2049 950,000 1,057,177
Almonde Inc., Term Loan, (3-month USD-LIBOR + 7.25%) 9.446% 2025 5,150,000 4,956,875
Alphabet Inc. 1.998% 2026 3,000,000 3,005,547
Altria Group, Inc. 3.80% 2024 2,630,000 2,751,367
Altria Group, Inc. 4.40% 2026 445,000 476,064
Altria Group, Inc. 4.50% 2043 3,000,000 3,017,301
Altria Group, Inc. 4.80% 2029 2,508,000 2,752,595
Altria Group, Inc. 5.80% 2039 5,960,000 6,923,225
Altria Group, Inc. 5.95% 2049 3,824,000 4,504,932
Amazon.com, Inc. 2.40% 2023 1,500,000 1,526,868
Amazon.com, Inc. 2.80% 2024 1,500,000 1,561,740
Ameren Corp. 2.50% 2024 1,938,000 1,950,062
Ameren Corp. 3.70% 2047 750,000 816,560
Ameren Corp. 4.50% 2049 1,775,000 2,186,740
AmeriCredit Automobile Receivables Trust, Series 2015-3, Class C, 2.73% 2021 765,049 765,263
AmeriCredit Automobile Receivables Trust, Series 2016-3, Class B, 1.80% 2021 352,282 352,010
American Axle & Manufacturing Holdings, Inc. 6.50% 2027 2,720,000 2,597,600
American Campus Communities, Inc. 3.30% 2026 1,698,000 1,743,871
American Campus Communities, Inc. 3.35% 2020 500,000 505,457
American Campus Communities, Inc. 3.625% 2027 6,050,000 6,360,661
American Campus Communities, Inc. 3.75% 2023 3,055,000 3,183,276
American Campus Communities, Inc. 4.125% 2024 2,075,000 2,221,559
American Electric Power Co., Inc. 2.95% 2022 4,020,000 4,103,789
American Electric Power Co., Inc. 3.20% 2027 1,275,000 1,332,248
American Electric Power Co., Inc. 4.30% 2028 3,799,000 4,260,966
American Energy (Permian Basin) (3-month USD-LIBOR + 6.50%) 9.075% 2029 825,000 136,125
American Energy (Permian Basin) 7.125% 2020 7,948,000 1,311,420
American Energy (Permian Basin) 7.375% 2021 5,970,000 985,050
American Express Co. 2.20% 2020 6,000,000 6,009,870
American Express Co. 3.0% 2021 4,000,000 4,052,496
American Honda Finance Corp. 3.50% 2028 1,125,000 1,213,624
American International Group, Inc. 4.20% 2028 565,000 616,733
American Tower Corp. 3.55% 2027 1,425,000 1,503,633
American Tower Corp. 3.60% 2028 1,000,000 1,054,829
Angel Oak Capital Advisors LLC, CLO, Series 2013-9A, Class A1R, (3-month USD-LIBOR + 1.01%) 3.288% 2025 1,032,163 1,032,390
Anheuser-Busch Co./InBev Worldwide 4.70% 2036 445,000 515,461
Anheuser-Busch Co./InBev Worldwide 4.90% 2046 1,540,000 1,834,838
Anheuser-Busch InBev NV 4.00% 2028 5,090,000 5,623,834
Anheuser-Busch InBev NV 4.15% 2025 9,333,000 10,203,190
Anheuser-Busch InBev NV 4.75% 2029 886,000 1,032,566
Anheuser-Busch InBev NV 5.45% 2039 8,658,000 10,972,630
Anheuser-Busch InBev NV 5.55% 2049 3,258,000 4,272,053
Anthem, Inc. 2.375% 2025 818,000 814,155
Apache Corp. 4.25% 2030 2,555,000 2,597,587
Apache Corp. 5.35% 2049 6,000,000 6,229,770
Apple Inc. 3.00% 2024 625,000 651,094
Apple Inc. 3.35% 2027 40,000 42,838
Applied Systems, Inc., Term Loan, (3-month USD-LIBOR + 7.00%) 9.104% 2025 600,000 608,625
ArcelorMittal 3.60% 2024 13,305,000 13,456,624
Arroyo Mortgage Trust, Series 2018-1, Class A1, 3.763% 2048 2,545,831 2,600,839
Ascent Resources Marcellus Holdings, Inc., Term Loan B, (3-month USD-LIBOR + 6.50%) 8.527% 2023 1,223,333 1,186,633
Associated Materials, LLC 9.00% 2024 10,036,000 8,856,770
AstraZeneca PLC 2.375% 2022 4,072,000 4,103,420
AstraZeneca PLC 3.375% 2025 13,290,000 13,994,370
Avis Budget Group, Inc. 5.50% 2023 2,496,000 2,542,800
Avolon Holdings Funding Ltd 4.375% 2026 1,975,000 2,044,421
Avolon Holdings Funding Ltd. 3.625% 2022 1,254,000 1,272,371
Avolon Holdings Funding Ltd. 3.95% 2024 6,320,000 6,490,324
B&G Foods, Inc. 4.625% 2021 440,000 441,738
B&G Foods, Inc. 5.25% 2025 1,660,000 1,701,500
BB&T Corp. 2.45% 2020 3,000,000 3,002,130
BB&T Corp. 2.625% 2022 2,500,000 2,531,998
BB&T Corp. 2.75% 2022 2,287,000 2,321,801
BNP Paribas 3.375% 2025 3,225,000 3,337,507
BP Capital Markets PLC 4.234% 2028 11,170,000 12,647,970
BP Capital Markets PLC 3.52% 2026 3,460,000 3,660,964
Bank of America Corp. 3.004% 2023 (3-month USD-LIBOR + 0.79% on 12/20/2022) 341,000 348,448
Bank of America Corp. 3.194% 2030 (3-month USD-LIBOR + 1.180% on 07-23-2029) 3,025,000 3,125,503
Bank of America Corp. 3.419% 2028 (3-month USD-LIBOR + 1.04% on 12/20/2027) 9,708,000 10,137,831
Bank of America Corp. 3.458% 2025 (3-month USD-LIBOR + 0.97% on 3/15/2024) 1,432,000 1,494,949
Bank of America Corp. 3.55% 2024 (3-month USD-LIBOR + 0.78% on 3/5/2023) 6,000,000 6,242,964
Bank of Montreal 2.50% 2024 4,660,000 4,711,363
Bayer AG 2.375% 2019 2,750,000 2,749,989
Bayer US Finance II LLC 3.875% 2023 1,685,000 1,761,459
Bayer US Finance II LLC 4.2% 2034 460,000 479,295
Bayer US Finance II LLC 4.25% 2025 7,807,000 8,341,366
Bayer US Finance II LLC 4.375% 2028 625,000 675,580
Bayerische Motoren Werke AG 2.25% 2023 300,000 300,383
Bayerische Motoren Werke AG 3.15% 2024 10,185,000 10,558,942
Bayerische Motoren Werke AG 3.45% 2023 6,835,000 7,113,020
Becton, Dickinson and Co. 2.404% 2020 1,688,000 1,689,960
Becton, Dickinson and Co. 2.894% 2022 5,077,000 5,156,237
Becton, Dickinson and Co. 3.363% 2024 2,260,000 2,358,986
Becton, Dickinson and Co. 3.70% 2027 291,000 308,574
Bellemeade Re Ltd., Series 2019-3A, Class M1B, (1-month USD-LIBOR + 1.60%) 3.618% 2029 3,810,000 3,818,645
Berkshire Hathaway Energy Co. 2.40% 2020 1,245,000 1,245,967
Berkshire Hathaway Finance Corp. 4.20% 2048 7,520,000 8,825,156
Berkshire Hathaway Finance Corp. 4.25% 2049 1,125,000 1,335,574
Berkshire Hathaway Inc. 2.20% 2021 750,000 754,077
Berkshire Hathaway Inc. 2.75% 2023 2,115,000 2,170,754
Berkshire Hathaway Inc. 3.125% 2026 1,000,000 1,057,408
Boeing Co 3.6% 2034 7,500,000 8,149,695
Boeing Co. 2.70% 2022 6,150,000 6,272,883
Boeing Co. 2.80% 2024 875,000 899,219
Boeing Co. 2.95% 2030 533,000 549,754
Boeing Co. 3.10% 2026 1,508,000 1,583,487
Boeing Co. 3.20% 2029 215,000 225,966
Boeing Co. 3.9% 2049 250,000 276,350
Boston Scientific Corp. 3.45% 2026 3,100,000 3,236,487
Boston Scientific Corp. 3.75% 2026 5,145,000 5,505,335
Boston Scientific Corp. 3.85% 2025 4,500,000 4,840,839
Boston Scientific Corp. 4.00% 2029 2,550,000 2,821,486
Boston Scientific Corp. 4.70% 2049 515,000 631,521
Brandywine Operating Partnership, LP 3.95% 2023 1,070,000 1,116,249
Bristol-Myers Squibb Co 4.125% 2039 6,779,000 7,700,829
Bristol-Myers Squibb Co. 3.10% 2024 1,205,000 1,244,225
Bristol-Myers Squibb Co. 3.20% 2026 892,000 935,943
Bristol-Myers Squibb Co. 3.40% 2029 4,548,000 4,866,983
Bristol-Myers Squibb Co. 4.25% 2049 1,843,000 2,149,367
British American Tobacco International Finance PLC 3.95% 2025 4,250,000 4,428,492
British American Tobacco PLC 2.789% 2024 4,000,000 3,966,444
British American Tobacco PLC 3.215% 2026 5,143,000 5,099,696
British American Tobacco PLC 3.222% 2024 2,826,000 2,862,082
British American Tobacco PLC 3.462% 2029 2,824,000 2,769,161
British American Tobacco PLC 3.557% 2027 1,000,000 1,006,437
British American Tobacco PLC 4.39% 2037 5,500,000 5,349,284
British American Tobacco PLC 4.54% 2047 4,820,000 4,635,775
Broadcom Inc. 3.125% 2022 1,575,000 1,595,403
Broadcom Inc. 3.625% 2024 1,575,000 1,604,046
Broadcom Inc. 4.25% 2026 12,370,000 12,789,949
Broadcom Inc.4.75% 2029 15,370,000 16,260,553
Broadcom Ltd. 3.50% 2028 4,777,000 4,665,089
Broadcom Ltd. 3.625% 2024 3,995,000 4,090,141
Broadcom Ltd. 3.875% 2027 3,060,000 3,078,547
Brookfield Property REIT Inc. 5.75% 2026 3,300,000 3,460,875
Burlington Northern Santa Fe, LLC 4.40% 2042 5,000,000 5,856,340
CCO Holdings LLC and CCO Holdings Capital Corp. 4.50% 2024 500,000 537,557
CCO Holdings LLC and CCO Holdings Capital Corp. 4.908% 2025 500,000 549,906
CCO Holdings LLC and CCO Holdings Capital Corp. 5.05% 2029 2,303,000 2,579,236
CCO Holdings LLC and CCO Holdings Capital Corp. 5.125% 2023 2,650,000 2,722,186
CCO Holdings LLC and CCO Holdings Capital Corp. 5.125% 2049 7,067,000 7,557,966
CCO Holdings LLC and CCO Holdings Capital Corp. 5.75% 2026 5,050,000 5,340,375
CCO Holdings LLC and CCO Holdings Capital Corp. 5.75% 2048 5,250,000 5,992,082
CCO Holdings LLC and CCO Holdings Capital Corp. 6.484% 2045 6,035,000 7,364,160
CF Industries, Inc. 4.95% 2043 2,255,000 2,218,356
CME Group Inc. 3.75% 2028 3,425,000 3,831,215
CME Group Inc. 4.15% 2048 395,000 473,751
CMS Energy Corp. 3.00% 2026 3,525,000 3,618,360
CONSOL Energy Inc. 5.875% 2022 18,199,000 17,562,035
CPPIB Capital Inc. 2.25% 2022 4,286,000 4,335,032
CPPIB Capital Inc. 2.375% 2021 6,000,000 6,039,960
CPPIB Capital Inc. 2.75% 2027 6,600,000 7,008,210
CS First Boston Mortgage Securities Corp., Series 2004-5, Class IVA1, 6.00% 2034 300,468 314,830
CSAIL Commercial Mortgage Trust, Series 2015-C4, Class ASB, 3.617% 2048 1,400,000 1,468,956
CSX Corp. 3.80% 2028 6,060,000 6,609,600
CSX Corp. 4.25% 2029 5,062,000 5,722,895
CSX Corp. 4.30% 2048 2,250,000 2,531,023
CSX Corp. 4.50% 2049 4,795,000 5,569,805
CSX Corp. 4.75% 2048 1,875,000 2,265,495
CVR Partners, LP 9.25% 2023 1,750,000 1,830,938
CVS Health Corp. 3.35% 2021 393,000 399,497
CVS Health Corp. 3.70% 2023 1,005,000 1,046,689
CVS Health Corp. 4.10% 2025 275,000 293,833
CVS Health Corp. 4.30% 2028 3,235,000 3,501,943
CVS Health Corp. 4.78% 2038 262,000 289,292
Cablevision Systems Corp. 6.75% 2021 9,575,000 10,341,000
Calpine Corp. 5.25% 2026 2,595,000 2,695,556
Canadian Natural Resources Ltd. 2.95% 2023 2,700,000 2,750,968
Canadian Natural Resources Ltd. 4.95% 2047 4,500,000 5,327,244
Capital Group Central Cash Fund 17,811,323 1,780,954,217
Carrizo Oil & Gas Inc. 6.25% 2023 2,135,000 2,033,588
Cascade Funding Mortgage Trust, Series 2018-RM2, Class A, 4% 2068 2,631,637 2,722,691
Cenovus Energy Inc. 3.80% 2023 3,970,000 4,097,385
Cenovus Energy Inc. 4.25% 2027 8,565,000 8,938,057
Cenovus Energy Inc. 5.25% 2037 1,350,000 1,473,354
Cenovus Energy Inc. 5.40% 2047 3,500,000 3,948,970
Centene Corp. 4.75% 2022 8,770,000 8,980,042
Centene Corp. 4.75% 2025 2,825,000 2,906,925
CenterPoint Energy, Inc. 2.95% 2030 3,400,000 3,394,948
CenterPoint Energy, Inc. 3.70% 2049 2,775,000 2,821,312
CenterPoint Energy, Inc. 3.85% 2024 6,077,000 6,416,899
Centerpoint Energy, Inc. 2.50% 2022 900,000 906,562
CenturyLink, Inc. 6.75% 2023 8,475,000 9,301,313
CenturyLink, Inc. 7.50% 2024 1,500,000 1,681,275
CenturyLink, Inc., Series T, 5.80% 2022 2,625,000 2,779,219
Chemours Co. 6.625% 2023 7,360,000 7,295,600
Chesapeake Energy Corp. 4.875% 2022 7,225,000 5,870,313
Chesapeake Energy Corp. 5.75% 2023 75,000 57,750
Chesapeake Energy Corp. 8.00% 2025 1,825,000 1,327,688
Chesapeake Energy Corp. 8.00% 2027 6,310,000 4,275,025
Chevron Corp. 2.498% 2022 4,000,000 4,061,272
Chevron Corp. 2.566% 2023 2,000,000 2,044,338
Chevron Corp. 2.954% 2026 3,030,000 3,171,583
Chevron Corp. 3.326% 2025 1,165,000 1,251,211
Chevron Phillips Chemical Co. LLC 3.30% 2023 595,000 611,377
Chevron Phillips Chemical Co. LLC 3.70% 2028 500,000 533,089
Cigna Corp. 3.40% 2021 1,350,000 1,381,273
Cigna Corp. 3.75% 2023 2,762,000 2,890,969
Cigna Corp. 4.125% 2025 2,000,000 2,156,426
Cigna Corp. 4.375% 2028 4,597,000 5,048,812
Cigna Corp. 4.80% 2038 6,778,000 7,639,768
Cigna Corp. 4.90% 2048 825,000 947,499
Citigroup Commercial Mortgage Trust, Series 2015-GC29, Class AAB, 2.984% 2048 1,185,000 1,213,711
Citigroup Inc. 2.876% 2023 (3-month USD-LIBOR + 0.95% on 7/24/2022) 3,455,000 3,503,743
Citigroup Inc. 2.90% 2021 2,000,000 2,030,816
Citigroup Inc. 3.98% 2030 (3-month USD-LIBOR + 1.023% on 3/20/2029) 9,110,000 9,939,575
Citigroup Inc. 4.65% 2048 2,430,000 2,978,286
Cleveland-Cliffs Inc. 4.875% 2024 3,025,000 3,085,500
Cleveland-Cliffs Inc. 5.75% 2025 9,456,000 9,314,160
Cleveland-Cliffs Inc. 5.875% 2027 12,075,000 11,466,420
Cloud Pass-Through Trust, Series 19-1A, Class CLOU, 3.554% 2022 2,772,243 2,807,273
Comcast Corp. 2.35% 2027 4,000,000 3,985,072
Comcast Corp. 3.00% 2024 500,000 518,914
Comcast Corp. 3.20% 2036 750,000 770,513
Comcast Corp. 3.70% 2024 2,245,000 2,395,193
Comcast Corp. 3.90% 2038 1,000,000 1,108,762
Comcast Corp. 3.95% 2025 6,315,000 6,881,007
Comcast Corp. 4.00% 2048 250,000 277,452
Comcast Corp. 4.15% 2028 2,858,000 3,209,368
Comcast Corp. 4.60% 2038 4,000,000 4,801,188
Comcast Corp. 4.70% 2048 1,049,000 1,287,518
Comision Federal de Electricidad 4.75% 2027 645,000 679,675
Commercial Mortgage Trust, Series 2015-PC1, Class A5, 3.902% 2050 4,735,000 5,122,029
Commonwealth Bank of Australia 2.25% 2020 500,000 500,523
Commonwealth Edison Co. 4.00% 2048 2,600,000 2,981,737
Commonwealth Edison Co. 4.35% 2045 1,585,000 1,890,926
Community Dev. Administration, Dept. of Housing and Community Dev., Residential Rev. Ref. Bonds, Series 2014-E, 2.857% 2040 50,000 50,074
Compass Diversified Holdings 8.00% 2026 2,775,000 2,948,438
Comstock Resources, Inc. 9.75% 2026 4,225,000 3,549,000
Conagra Brands, Inc. 4.30% 2024 4,685,000 5,030,678
Conagra Brands, Inc. 5.30% 2038 850,000 991,888
Conagra Brands, Inc. 5.40% 2048 1,015,000 1,206,847
Concho Resources Inc. 4.30% 2028 6,615,000 7,141,455
Concho Resources Inc. 4.85% 2048 750,000 861,202
Consolidated Edison Co. of New York, Inc. 4.50% 2058 6,100,000 7,251,436
Consolidated Edison Company of New York, Inc. 4.125% 2049 1,240,000 1,421,334
Consolidated Energy Finance SA 6.50% 2026 2,685,000 2,617,875
Constellation Brands, Inc. 2.65% 2022 7,846,000 7,938,865
Constellation Brands, Inc. 2.70% 2022 195,000 197,532
Constellation Brands, Inc. 3.20% 2023 1,340,000 1,381,962
Constellation Brands, Inc. 3.60% 2028 938,000 991,378
Constellation Brands, Inc. 4.50% 2047 220,000 249,690
Consumers Energy Co. 3.10% 2050 5,410,000 5,432,890
Consumers Energy Co. 3.125% 2024 3,785,000 3,936,336
Consumers Energy Co. 3.25% 2046 2,264,000 2,321,795
Consumers Energy Co. 3.375% 2023 395,000 414,099
Consumers Energy Co. 4.05% 2048 5,084,000 5,908,274
Convey Park Energy LLC 7.50% 2025 1,800,000 1,449,000
Corporate Office Properties LP 3.60% 2023 390,000 397,516
Corporate Office Properties LP 5.25% 2024 3,595,000 3,874,964
Costco Wholesale Corp. 2.75% 2024 11,125,000 11,520,516
Credit Suisse Group AG 3.80% 2023 1,625,000 1,697,938
Credit Suisse Group AG 3.869% 2029 (3-month USD-LIBOR + 1.41% on 1/12/2028) 800,000 843,309
Crédit Agricole SA 4.375% 2025 850,000 904,227
DCP Midstream Operating LP 4.95% 2022 3,350,000 3,467,250
DNB Bank ASA 2.375% 2021 2,000,000 2,006,920
DTE Electric Co 3.375% 2025 1,866,000 1,975,889
DTE Electric Co 3.75% 2047 2,114,000 2,337,568
DTE Energy Co. 3.95% 2049 6,495,000 7,463,275
DTE Energy Co., Series C, 2.529% 2024 6,400,000 6,427,258
DaVita HealthCare Partners Inc. 5.00% 2025 3,650,000 3,650,000
DaimlerChrysler North America Holding Corp. 2.25% 2020 2,765,000 2,765,827
DaimlerChrysler North America Holding Corp. 3.35% 2023 900,000 924,823
DaimlerChrysler North America Holding Corp. 3.65% 2024 7,000,000 7,321,944
DaimlerChrysler North America Holding Corp. 3.75% 2028 197,000 209,587
Danske Bank AS 2.70% 2022 1,000,000 1,004,677
Deutsche Telekom International Finance BV 1.95% 2021 500,000 496,827
Deutsche Telekom International Finance BV 2.82% 2022 784,000 793,562
Deutsche Telekom International Finance BV 9.25% 2032 3,570,000 5,625,170
Diamond Offshore Drilling, Inc. 4.875% 2043 5,610,000 2,622,675
Diebold Nixdorf AG, Term Loan B, (3-month USD-LIBOR + 2.75%) 4.813% 2023 1,423,886 1,342,013
Diebold, Inc. 8.50% 2024 3,100,000 2,933,375
Dominion Resources, Inc. 2.00% 2021 665,000 663,095
Dominion Resources, Inc. 2.75% 2022 800,000 807,713
Dominion Resources, Inc. 2.85% 2026 1,500,000 1,514,513
Dominion Resources, Inc., junior subordinated, 2.579% 2020 713,000 714,699
Dominion Resources, Inc., junior subordinated, 3.071% 2024 7,875,000 8,067,961
Dow Chemical Co. 3.15% 2024 1,565,000 1,608,247
Dow Chemical Co. 3.625% 2026 2,523,000 2,635,438
Dow Chemical Co. 4.55% 2025 1,405,000 1,544,731
Dow Chemical Co. 4.80% 2049 1,890,000 2,090,567
DowDuPont Inc. 4.205% 2023 2,765,000 2,966,635
DowDuPont Inc. 4.493% 2025 2,498,000 2,761,359
DowDuPont Inc. 4.725% 2028 236,000 270,409
Drive Auto Receivables Trust, Series 2016-CA, Class C, 3.02% 2021 221,798 221,950
Drive Auto Receivables Trust, Series 2017-1, Class C, 2.84% 2022 271,503 271,686
Drive Auto Receivables Trust, Series 2017-2, Class C, 2.75% 2023 330,055 330,339
Drive Auto Receivables Trust, Series 2017-AA, Class C, 2.98% 2022 443,305 443,764
Drive Auto Receivables Trust, Series 2019-3, Class A3, 2.49% 2023 3,330,000 3,350,813
Drive Auto Receivables Trust, Series 2019-3, Class B 2.65% 2024 595,000 600,905
Drive Auto Receivables Trust, Series 2019-3, Class C, 2.90% 2025 820,000 828,401
Drivetime Auto Owner Trust, Series 2017-3A, Class C, 3.01% 2023 2,177,474 2,180,328
Drivetime Auto Owner Trust, Series 2017-4A, Class C, 2.86% 2023 1,545,209 1,546,562
Drivetime Auto Owner Trust, Series 2019-2A, Class A, 2.85% 2022 624,217 626,491
Drivetime Auto Owner Trust, Series 2019-3, Class B 2.6% 2023 285,000 286,230
Drivetime Auto Owner Trust, Series 2019-3, Class C 2.74% 2025 110,000 111,145
Drivetime Auto Owner Trust, Series 20198-3, Class A 2.55% 2022 377,291 377,688
Duke Energy Carolinas, Inc. 2.95% 2026 4,000,000 4,148,556
Duke Energy Carolinas, Inc. 3.95% 2028 2,500,000 2,793,090
Duke Energy Carolinas, LLC 2.45% 2029 1,635,000 1,638,736
Duke Energy Corp. 2.65% 2026 3,737,000 3,757,852
Duke Energy Corp. 3.75% 2024 150,000 159,136
Duke Energy Florida, LLC 3.20% 2027 2,420,000 2,539,717
Duke Energy Indiana, Inc. 3.25% 2049 2,600,000 2,599,584
Duke Energy Progress Inc. 3.70% 2046 3,975,000 4,280,081
Duke Energy Progress Inc. 4.15% 2044 2,020,000 2,316,667
Duke Energy Progress, LLC 3.375% 2023 2,040,000 2,142,763
Duke Energy Progress, LLC 3.60% 2047 4,167,000 4,414,728
Dun & Bradstreet Corp. 6.875% 2026 1,780,000 1,943,538
Dun & Bradstreet Corp., Term Loan B, (3-month USD-LIBOR + 5.00%) 7.054% 2026 2,155,000 2,171,835
EDP Finance BV 3.625% 2024 6,425,000 6,651,378
EDP Finance BV 4.125% 2020 3,402,000 3,418,826
EOG Resources, Inc. 4.15% 2026 2,980,000 3,298,696
EPR Properties 4.75% 2026 1,000,000 1,075,952
EQT Corp. 3.00% 2022 475,000 456,939
EQT Corp. 3.90% 2027 910,000 789,683
Electricité de France SA 2.35% 2020 650,000 651,814
Electricité de France SA 4.75% 2035 1,250,000 1,417,498
Electricité de France SA 4.875% 2038 2,750,000 3,202,092
Electricité de France SA 5.60% 2040 525,000 653,268
Eli Lilly and Co. 3.375% 2029 5,355,000 5,803,433
Eli Lilly and Co. 3.95% 2049 2,750,000 3,189,827
Emera US Finance LP 2.70% 2021 770,000 774,720
Emera US Finance LP 3.55% 2026 3,345,000 3,506,483
Emera US Finance LP 4.75% 2046 570,000 661,126
EnLink Midstream Partners, LP 5.45% 2047 209,000 171,380
Enbridge Energy Partners, LP 5.20% 2020 120,000 121,521
Enbridge Energy Partners, LP 5.875% 2025 3,825,000 4,458,994
Enbridge Energy Partners, LP 7.375% 2045 1,245,000 1,846,498
Enbridge Energy Partners, LP, Series B, 7.50% 2038 2,000,000 2,860,902
Enbridge Inc. 3.70% 2027 2,569,000 2,717,026
Enbridge Inc. 4.00% 2023 3,008,000 3,190,294
Encompass Health Corp. 4.50% 2028 799,000 809,787
Endo International PLC 5.75% 2022 7,340,000 4,771,000
Endo International PLC 6.00% 2025 8,340,000 4,941,450
Enel Finance International SA 3.50% 2028 3,085,000 3,162,637
Enel Finance International SA 4.25% 2023 4,339,000 4,611,524
Energy Transfer Partners, LP 4.15% 2020 2,182,000 2,214,813
Energy Transfer Partners, LP 4.50% 2024 1,210,000 1,290,154
Energy Transfer Partners, LP 4.75% 2026 2,494,000 2,705,920
Energy Transfer Partners, LP 5.25% 2029 5,757,000 6,499,665
Energy Transfer Partners, LP 5.40% 2047 650,000 710,226
Energy Transfer Partners, LP 6.00% 2048 774,000 916,326
Energy Transfer Partners, LP 6.25% 2049 9,257,000 11,255,198
Enersis Américas SA 4.00% 2026 245,000 257,863
Entergy Corp. 2.95% 2026 1,160,000 1,179,114
Entergy Louisiana, LLC 4.20% 2048 4,200,000 4,931,245
Enterprise Fleet Financing LLC, Series 2017-1, Class A2, 2.13% 2022 116,873 116,851
Enterprise Fleet Financing LLC, Series 2017-1, Class A3, 2.60% 2022 655,000 657,332
Enterprise Products Operating LLC 4.90% 2046 500,000 580,941
Equinor ASA 3.625% 2028 8,015,000 8,882,007
Essex Portfolio LP 3.50% 2025 5,865,000 6,137,582
Essex Portfolio LP 3.875% 2024 1,000,000 1,055,405
Essex Portfolio LP 4.00% 2029 1,800,000 1,967,722
Euramax International, Inc. 12.00% 2020 4,550,000 4,521,563
Eversource Energy 3.30% 2028 573,000 595,549
Eversource Energy 3.80% 2023 2,730,000 2,888,780
Eversource Energy 4.25% 2029 4,414,000 4,931,224
Exelon Corp. 3.40% 2026 100,000 104,625
Exelon Corp., junior subordinated, 3.497% 2022 1,075,000 1,103,488
Exeter Automobile Receivables Trust, Series 2018-1A, Class C, 3.03% 2023 3,000,000 3,016,425
Exeter Automobile Receivables Trust, Series 2019-2A, Class A, 2.93% 2022 3,131,934 3,144,221
Extraction Oil & Gas, Inc. 5.625% 2026 4,125,000 2,547,188
Exxon Mobil Corp. 2.0019% 2024 5,780,000 5,825,483
Exxon Mobil Corp. 2.222% 2021 8,070,000 8,114,232
Exxon Mobil Corp. 2.275% 2026 5,780,000 5,829,558
Exxon Mobil Corp. 2.44% 2029 9,841,000 9,944,134
Exxon Mobil Corp. 3.043% 2026 1,125,000 1,181,310
Exxon Mobil Corp. 3.095% 2049 5,305,000 5,354,469
FS Energy and Power Fund 7.50% 2023 2,995,000 3,032,438
Fannie Mae 1.875% 2026 13,000,000 13,205,140
Fannie Mae 7.00% 2047 12,492 13,932
Fannie Mae 7.00% 2047 2,192 2,450
Fannie Mae Pool #190379 5.50% 2037 125,227 141,027
Fannie Mae Pool #254767 5.50% 2033 425,208 479,082
Fannie Mae Pool #555956 5.50% 2033 285,277 322,826
Fannie Mae Pool #885290 6.00% 2021 8,929 9,068
Fannie Mae Pool #888204 6% 2026 208,193 230,080
Fannie Mae Pool #888292 6.00% 2037 1,173,812 1,351,988
Fannie Mae Pool #888637 6.00% 2037 20,686 23,827
Fannie Mae Pool #889983 6.00% 2038 38,599 44,459
Fannie Mae Pool #890297 4.00% 2026 842,651 878,745
Fannie Mae Pool #890329 4.00% 2026 112,381 117,208
Fannie Mae Pool #893641 6.00% 2036 1,512,668 1,737,951
Fannie Mae Pool #893688 6.00% 2036 410,559 465,633
Fannie Mae Pool #907239 6.00% 2036 77,850 88,254
Fannie Mae Pool #924952 6.00% 2037 1,625,967 1,869,190
Fannie Mae Pool #928031 6.00% 2037 172,533 198,304
Fannie Mae Pool #929185 5.50% 2036 669,501 756,593
Fannie Mae Pool #995224 6.00% 2038 21,804 24,534
Fannie Mae Pool #995391 6.00% 2038 40,360 45,723
Fannie Mae Pool #995674 6.00% 2038 691,431 795,733
Fannie Mae Pool #AB0538 6.00% 2038 383,286 440,763
Fannie Mae Pool #AB2730 4.00% 2021 5,726 5,956
Fannie Mae Pool #AB4536 6.00% 2041 636,178 729,549
Fannie Mae Pool #AC1224 4.00% 2024 830,188 864,201
Fannie Mae Pool #AD0095 6.00% 2038 1,483,332 1,708,443
Fannie Mae Pool #AD0119 6.00% 2038 2,046,680 2,359,215
Fannie Mae Pool #AD0249 5.50% 2037 233,149 260,925
Fannie Mae Pool #AD0833 6.00% 2039 812 937
Fannie Mae Pool #AD0855 4% 2025 846,466 881,280
Fannie Mae Pool #AD3659 4.00% 2025 2,464 2,569
Fannie Mae Pool #AD7072 4.00% 2025 8,623 8,972
Fannie Mae Pool #AD8204 4.00% 2025 2,398 2,498
Fannie Mae Pool #AE0021 6% 2038 631,380 728,797
Fannie Mae Pool #AE0375 4% 2025 840,037 876,016
Fannie Mae Pool #AE2321 4% 2025 2,247 2,337
Fannie Mae Pool #AE3069 4.00% 2025 4,248 4,429
Fannie Mae Pool #AH0829 4.00% 2026 4,562 4,748
Fannie Mae Pool #AH5618 4.00% 2026 6,617 6,901
Fannie Mae Pool #AH6431 4.00% 2026 648,240 683,253
Fannie Mae Pool #AH8174 4.00% 2026 7,403 7,740
Fannie Mae Pool #AH8275 4.00% 2026 4,380 4,567
Fannie Mae Pool #AH9695 4.00% 2026 851,604 888,086
Fannie Mae Pool #AJ3010 4.00% 2026 61,161 63,626
Fannie Mae Pool #AL0013 6.00% 2040 396,287 456,451
Fannie Mae Pool #AL0309 6.00% 2040 128,594 148,116
Fannie Mae Pool #AL3908 4.00% 2026 5,396 5,641
Fannie Mae Pool #AL5448 4.00% 2026 848,637 885,019
Fannie Mae Pool #AL7164 6.00% 2038 371,911 427,016
Fannie Mae Pool #AL7228 6.00% 2041 507,295 582,318
Fannie Mae Pool #AL7299 4.00% 2027 415,842 433,630
Fannie Mae Pool #AL8347 4.00% 2029 849,034 885,444
Fannie Mae Pool #AL8354 3.50% 2045 3,319,908 3,497,058
Fannie Mae Pool #AL8522 3.50% 2046 6,525,354 6,873,573
Fannie Mae Pool #AL8773 3.50% 2045 13,732,783 14,429,722
Fannie Mae Pool #AP2131 3.50% 2042 8,586,540 9,023,964
Fannie Mae Pool #AS8554 3.00% 2036 18,712,489 19,257,341
Fannie Mae Pool #AU8813 4.00% 2043 3,457,489 3,747,614
Fannie Mae Pool #AU9348 4.00% 2043 2,013,074 2,181,967
Fannie Mae Pool #AU9350 4% 2043 1,837,700 1,968,643
Fannie Mae Pool #BC4764 3.00% 2046 31,790,312 32,579,824
Fannie Mae Pool #BC7611 4.00% 2046 755,819 800,443
Fannie Mae Pool #BD9307 4.00% 2046 2,144,578 2,265,998
Fannie Mae Pool #BD9699 3.50% 2046 2,656,969 2,771,091
Fannie Mae Pool #BE1290 3.50% 2047 5,194,887 5,417,498
Fannie Mae Pool #BH4084 3.50% 2047 35,105,481 36,355,095
Fannie Mae Pool #BJ3775 3.50% 2048 23,654,179 24,420,882
Fannie Mae Pool #BJ9256 4.00% 2048 6,967,303 7,260,146
Fannie Mae Pool #BK0920 4.00% 2048 388,472 404,857
Fannie Mae Pool #BK4764 4.00% 2048 1,698,668 1,768,912
Fannie Mae Pool #BK5255 4.00% 2048 39,480 41,893
Fannie Mae Pool #BK6971 4.00% 2048 781,829 815,591
Fannie Mae Pool #BK7655 3.924% 2048 1,562,141 1,633,068
Fannie Mae Pool #BM4112 4.00% 2024 320,363 333,196
Fannie Mae Pool #BN1085 4.00% 2034 1,859,358 1,942,914
Fannie Mae Pool #BN3172 4.00% 2034 950,608 993,855
Fannie Mae Pool #BO2188 4.00% 2049 2,489,714 2,590,174
Fannie Mae Pool #CA0770 3.50% 2047 5,869,542 6,058,283
Fannie Mae Pool #FM1437 4.00% 2048 8,759,983 9,132,545
Fannie Mae Pool #MA0704 4% 2021 107,942 112,266
Fannie Mae Pool #MA1109 4.00% 2027 7,033 7,328
Fannie Mae Pool #MA3211 4.00% 2047 12,485,702 13,071,718
Fannie Mae Pool #MA3277 4.00% 2048 52,412 54,803
Fannie Mae Pool #MA3443 4.00% 2048 108,087 112,228
Fannie Mae Pool #MA3467 4.00% 2048 15,328,463 15,960,563
Fannie Mae Pool #MA3495 4.00% 2048 37,446,874 38,988,450
Fannie Mae Pool #MA3496 4.50% 2048 412,609 434,490
Fannie Mae Pool #MA3521 4.00% 2048 2,414,029 2,510,846
Fannie Mae Pool #MA3536 4.00% 2048 276,577 287,615
Fannie Mae Pool #MA3639 4.50% 2049 3,832,217 4,036,689
Fannie Mae Pool #MA3664 4.00% 2049 18,299,065 18,983,670
Fannie Mae Pool #MA3692 3.50% 2049 28,398,408 29,229,544
Fannie Mae Pool #MA3764 2.50% 2034 10,328,554 10,422,131
Fannie Mae Pool #MA3775 3.50% 2049 27,970,903 28,753,165
Fannie Mae Pool #MA3776 4.00% 2049 18,682,253 19,456,969
Fannie Mae Pool #MA3803 3.50% 2049 14,191,191 14,588,090
Fannie Mae Pool #MA3804 4.00% 2049 2,537,006 2,639,115
Fannie Mae, Series 2001-T10, Class A1, 7.00% 2041 146,401 170,549
Fannie Mae, Series 2002-W3, Class A5, 7.50% 2041 35,750 42,270
Fannie Mae, Series 2006-43, Class JO, principal only, 0% 2036 84,306 75,773
Fannie Mae, Series 2012-M14, Class A2, Multi Family, 2.301% 2022 1,830,043 1,846,690
Fannie Mae, Series 2012-M5, Class A2, Multi Family, 2.715% 2022 3,176,059 3,215,074
Fannie Mae, Series 2012-M9, Class A2, Multi Family, 2.482% 2022 3,442,051 3,482,027
Fannie Mae, Series 2013-M14, Class A2, Multi Family, 3.329% 2023 7,021,374 7,395,529
Fannie Mae, Series 2014-M1, Class A2, Multi Family, 3.321% 2023 7,280,948 7,552,142
Fannie Mae, Series 2014-M2, Class A2, Multi Family, 3.513% 2023 5,760,476 6,074,070
Fannie Mae, Series 2014-M3, Class A2, Multi Family, 3.501% 2024 5,548,910 5,850,349
Fannie Mae, Series 2014-M9, Class A2, Multi Family, 3.103% 2024 6,215,000 6,495,508
Fannie Mae, Series 2017-M3, Class A2, Multi Family, 2.566% 2026 9,665,000 9,876,432
Fannie Mae, Series 2017-M7, Class A2, Multi Family, 2.961% 2027 2,891,000 3,040,774
Fidelity National Information Services, Inc. 3.75% 2029 990,000 1,075,139
Finance of America Structured Securities Trust, Series 2019-JR1, Class A, 2.00% 2069 4,202,874 4,507,498
Finance of America Structured Securities Trust, Series 2019-JR2, Class A1, 2.0% 2069 11,946,477 12,712,796
First Quantum Minerals Ltd. 6.50% 2024 4,704,000 4,509,960
First Quantum Minerals Ltd. 6.875% 2026 3,625,000 3,470,938
First Quantum Minerals Ltd. 7.25% 2022 8,175,000 8,137,640
First Quantum Minerals Ltd. 7.25% 2023 1,200,000 1,188,000
First Quantum Minerals Ltd. 7.50% 2025 30,400,000 30,096,000
FirstEnergy Corp. 3.90% 2027 9,389,000 10,013,716
FirstEnergy Corp. 4.85% 2047 2,500,000 2,975,530
Fiserv, Inc. 2.75% 2024 1,600,000 1,629,139
Fiserv, Inc. 3.20% 2026 7,455,000 7,734,779
Fiserv, Inc. 3.5% 2029 10,430,000 10,997,955
Fiserv, Inc. 4.40% 2049 1,800,000 2,029,667
Florida Power & Light Co. 3.15% 2049 7,710,000 7,847,539
Florida Power & Light Company 3.70% 2047 1,036,000 1,151,157
Ford Credit Auto Owner Trust, Series 2016-2, Class A, 2.03% 2027 2,900,000 2,899,484
Ford Credit Auto Owner Trust, Series 2017-1, Class A, 2.62% 2028 3,330,000 3,373,320
Ford Credit Auto Owner Trust, Series 2018-1, Class A, 3.19% 2031 11,965,000 12,478,897
Ford Credit Auto Owner Trust, Series 2018-1, Class A, 3.53% 2030 12,000,000 12,705,252
Ford Credit Auto Owner Trust, Series 2018-2, Class A, 3.47% 2030 13,095,000 13,723,364
Ford Motor Credit Co. 2.343% 2020 4,635,000 4,608,525
Ford Motor Credit Co. 2.597% 2019 3,000,000 2,999,934
Ford Motor Credit Co. 3.157% 2020 500,000 501,319
Ford Motor Credit Co. 3.20% 2021 2,250,000 2,253,573
Fox Corp. 3.666% 2022 1,035,000 1,069,026
Fox Corp. 4.03% 2024 3,925,000 4,178,217
Fox Corp. 4.709% 2029 4,225,000 4,826,425
Fox Corp. 5.476% 2039 5,000,000 6,152,015
Fox Corp. 5.576% 2049 1,680,000 2,136,846
France Télécom 4.125% 2021 2,500,000 2,600,720
Freddie Mac 3.00% 2037 27,714,289 28,536,295
Freddie Mac 3.00% 2046 7,874,305 8,127,188
Freddie Mac 3.50% 2047 22,319,092 23,116,397
Freddie Mac 3.50% 2047 34,922,478 36,161,248
Freddie Mac 3.50% 2047 5,169,874 5,354,381
Freddie Mac 3.50% 2047 39,674,565 41,100,706
Freddie Mac 3.50% 2047 4,037,318 4,210,939
Freddie Mac 3.50% 2048 2,158,634 2,219,708
Freddie Mac 4.00% 2042 3,930,274 4,204,379
Freddie Mac 4.00% 2043 2,009,219 2,153,583
Freddie Mac 4.00% 2045 12,512,330 13,376,082
Freddie Mac 4.00% 2048 20,443,600 21,226,406
Freddie Mac 4.00% 2048 41,490,554 43,190,505
Freddie Mac 4.50% 2039 177,362 192,331
Freddie Mac 4.50% 2046 1,606,925 1,700,509
Freddie Mac 4.50% 2046 990,144 1,055,327
Freddie Mac 5.00% 2038 949,739 1,049,844
Freddie Mac 5.00% 2040 1,776,586 1,963,450
Freddie Mac 6.50% 2038 102,902 115,891
Freddie Mac Pool #760014 3.479% 2045 925,317 947,231
Freddie Mac Pool #760015 3.236% 2047 1,725,046 1,742,921
Freddie Mac Pool #G18729 3.00% 2034 4,868,167 4,983,469
Freddie Mac Pool #G18732 3.00% 2034 4,658,862 4,766,388
Freddie Mac Pool #G60344 4% 2045 12,124,947 12,962,017
Freddie Mac Pool #J40154 3.00% 2034 594,523 608,595
Freddie Mac Pool #Q23185 4% 2043 2,219,909 2,407,496
Freddie Mac Pool #ZN4802 4.00% 2049 2,703,475 2,812,960
Freddie Mac Pool #ZS8710 3.00% 2033 3,537,576 3,621,385
Freddie Mac Pool #ZT1545 4.00% 2048 56,138,893 58,220,747
Freddie Mac Seasoned Credit Risk Transfer Trust, Series 2017-1, Class HA, 2.75% 2056 5,478,857 5,600,044
Freddie Mac Seasoned Credit Risk Transfer Trust, Series 2017-2, Class HA, 2.50% 2056 10,379,514 10,826,165
Freddie Mac Seasoned Credit Risk Transfer Trust, Series 2017-2, Class MA, 3.00% 2056 9,982,555 10,237,559
Freddie Mac Seasoned Credit Risk Transfer Trust, Series 2017-3, Class HA, 2.50% 2056 2,341,947 2,421,426
Freddie Mac Seasoned Credit Risk Transfer Trust, Series 2017-4, Class HT, 2.75% 2057 1,739,927 1,776,956
Freddie Mac Seasoned Credit Risk Transfer Trust, Series 2017-4, Class MT, 3.50% 2057 1,388,635 1,459,312
Freddie Mac Seasoned Credit Risk Transfer Trust, Series 2018-2, Class MT, 3.50% 2057 3,442,828 3,623,679
Freddie Mac Seasoned Credit Risk Transfer Trust, Series 2019-2, Class MA, 3.5% 2058 18,543,796 19,407,288
Freddie Mac Seasoned Loan Structured Transaction Trust, Series 2018-2, Class A1, 3.50% 2028 4,155,380 4,348,830
Freddie Mac Seasoned Loan Structured Transaction Trust, Series 2019-1, Class A1, 3.50% 2029 8,234,926 8,653,927
Freddie Mac Seasoned Loan Structured Transaction Trust, Series 2019-1, Class A2, 3.50% 2029 2,455,000 2,647,853
Freddie Mac, Series K044, Class A2, Multi Family, 2.811% 2025 4,265,000 4,428,755
Freddie Mac, Series K047, Class A2, Multi Family, 3.329% 2025 4,000,000 4,274,080
Freddie Mac, Series K055, Class A2, Multi Family, 2.673% 2026 10,050,000 10,440,744
Freddie Mac, Series K063, Class A2, Multi Family, 3.43% 2027 4,375,000 4,767,608
Freddie Mac, Series K066, Class A2, Multi Family, 3.117% 2027 4,755,000 5,096,186
Freddie Mac, Series K067, Class A2, Multi Family, 3.194% 2027 5,770,000 6,219,068
Freddie Mac, Series K069, Class A2, Multi Family, 3.187% 2027 2,380,000 2,564,326
Freddie Mac, Series K070, Class A2, Multi Family, 3.303% 2027 3,145,000 3,414,913
Freddie Mac, Series K076, Class A2, Multi Family, 3.90% 2028 7,863,633 8,891,921
Freddie Mac, Series K723, Class A2, Multi Family, 2.454% 2023 3,025,000 3,070,774
Freddie Mac, Series K725, Class A2, Multi Family, 3.002% 2024 5,555,000 5,769,540
Freddie Mac, Series K733, Class A2, Multi Family, 3.75% 2025 9,778,315 10,631,101
Freddie Mac, Series K734, Class A2, Multi Family, 3.208% 2026 7,370,000 7,840,235
Freddie Mac, Series KS01, Class A1, Multi Family, 1.693% 2022 1,129,514 1,124,999
Freddie Mac, Series T041, Class 3A, 5.414% 2032 268,743 297,686
Freeport-McMoRan Inc. 3.55% 2022 13,018,000 13,083,090
Frontier Communications Corp. 11.00% 2025 31,655,000 14,462,378
G.O. Bonds, Pension Funding Series 2003, Assured Guaranty Municipal insured, 5.10% 2033 1,335,000 1,529,616
Gaming and Leisure Properties, Inc. 3.35% 2024 2,298,000 2,322,589
General Dynamics Corp. 3.375% 2023 2,550,000 2,670,008
General Dynamics Corp. 3.50% 2025 4,804,000 5,144,287
General Dynamics Corp. 3.75% 2028 720,000 799,627
General Electric Co. 2.70% 2022 6,535,000 6,554,278
General Mills, Inc. 3.70% 2023 195,000 205,403
General Motors Co. 4.35% 2025 1,920,000 2,003,420
General Motors Co. 5.40% 2048 500,000 502,237
General Motors Financial Co. 2.35% 2019 3,500,000 3,500,004
General Motors Financial Co. 3.45% 2022 3,625,000 3,687,096
General Motors Financial Co. 3.45% 2022 2,000,000 2,039,334
General Motors Financial Co. 3.50% 2024 5,008,000 5,073,775
General Motors Financial Co. 3.55% 2022 5,785,000 5,911,437
General Motors Financial Co. 3.70% 2020 6,355,000 6,441,568
General Motors Financial Co. 4.30% 2025 1,025,000 1,067,384
General Motors Financial Co. 4.35% 2027 500,000 514,732
Genesis Energy, LP 6.50% 2025 2,725,000 2,667,094
Genesis Energy, LP 6.75% 2022 4,737,000 4,823,924
Genesys Telecommunications Laboratories, Inc. 10.00% 2024 875,000 948,115
Georgia-Pacific Corp. 2.539% 2019 7,000,000 7,001,281
GlaxoSmithKline PLC 3.00% 2024 5,695,000 5,900,003
GlaxoSmithKline PLC 3.625% 2025 3,585,000 3,858,980
Glencore Funding LLC 4.125% 2024 945,000 993,928
Global Payments Inc. 3.20% 2029 2,525,000 2,562,789
Global Payments Inc. 4.15% 2049 941,000 990,935
Global SC Finance II SRL, Series 2013-1A, Class A, 2.98% 2028 89,583 89,615
Global SC Finance II SRL, Series 2014-1A, Class A1, 3.19% 2029 215,083 215,182
Global SC Finance II SRL, Series 2017-1A, Class A, 3.85% 2037 1,541,327 1,576,951
Global SC Finance V SRL, Series 2019-1A, Class B, 4.81% 2039 3,665,000 3,648,856
Gogo Inc. 9.875% 2024 20,595,000 22,088,138
Gogo Inc., convertible notes, 6.00% 2022 1,352,000 1,617,202
Goldman Sachs Group, Inc. 2.55% 2019 4,000,000 4,000,540
Goldman Sachs Group, Inc. 2.905% 2023 (3-month USD-LIBOR + 0.99% on 7/24/2022) 2,936,000 2,978,860
Goldman Sachs Group, Inc. 2.927% 2019 3,911,000 3,916,370
Goldman Sachs Group, Inc. 3.272% 2025 (3-month USD-LIBOR + 1.201% on 9/29/2024) 1,800,000 1,859,130
Goldman Sachs Group, Inc. 3.691% 2028 (3-month USD-LIBOR + 1.51% on 6/5/2027) 2,000,000 2,101,398
Goldman Sachs Group, Inc. 3.814% 2029 (3-month USD-LIBOR + 1.158% on 4/23/2028) 390,000 413,799
Government National Mortgage Assn. 3.50% 2049 64,780,031 67,125,781
Government National Mortgage Assn. 4.00% 2048 1,638,872 1,720,358
Government National Mortgage Assn. 4.00% 2048 13,915,636 14,692,657
Government National Mortgage Assn. 4.50% 2049 4,850,556 5,076,742
Government National Mortgage Assn. 4.50% 2049 43,025,458 45,031,778
Government National Mortgage Assn. 4.50% 2049 10,582,420 11,061,941
Government National Mortgage Assn. Pool #MA5263 3.50% 2048 16,714,583 17,346,311
Government National Mortgage Assn. Pool #MA5711 4.50% 2049 1,513,714 1,584,300
Government National Mortgage Assn. Pool #MA5762 3.50% 2049 18,073,280 18,738,087
Government National Mortgage Assn. Pool #MA5876 4.00% 2049 76,592,088 79,697,668
Government National Mortgage Assn. Pool #MA5877 4.50% 2049 3,258,840 3,410,803
Government National Mortgage Assn. Pool #MA5931 4.00% 2049 4,790,326 4,990,475
Government National Mortgage Assn. Pool #MA5932 4.50% 2049 2,134,520 2,240,813
Government National Mortgage Assn. Pool #MA5986 4.00% 2049 30,140,112 31,427,095
Government National Mortgage Assn. Pool #MA5987 4.50% 2049 46,955,882 49,333,353
Government National Mortgage Assn. Pool #MA6041 4.5% 2049 23,056,790 24,291,734
Government National Mortgage Assn. Pool #MA6092 4.50% 2049 12,847,149 13,579,154
Government National Mortgage Assn. Pool #MA6155 4.00% 2049 3,286,533 3,443,642
Government National Mortgage Assn. Pool #MA6156 4.50% 2049 11,773,520 12,413,305
Government National Mortgage Assn. Pool #MA6220 4.00% 2049 25,000,000 26,144,250
Groupe BPCE SA 2.75% 2023 600,000 610,291
Groupe BPCE SA 5.15% 2024 2,500,000 2,739,560
Groupe BPCE SA 5.70% 2023 3,460,000 3,817,304
Gulf Power Co. 3.30% 2027 4,500,000 4,785,377
H.I.G. Capital, LLC 6.75% 2024 2,366,000 2,196,736
HCA Inc. 4.125% 2029 3,040,000 3,189,307
HCA Inc. 5.25% 2049 700,000 771,569
HCA Inc. 5.875% 2023 2,125,000 2,342,813
HSBC Holdings PLC 3.262% 2023 (3-month USD-LIBOR + 1.055% on 3/13/2022) 1,500,000 1,526,741
HSBC Holdings PLC 3.803% 2025 (ICE LIBOR USD 3 Month + 1.211% on 3/11/2024) 625,000 651,460
HSBC Holdings PLC 3.973% 2030 (3-month USD-LIBOR + 1.61% on 5/22/2029) 7,200,000 7,695,432
HSBC Holdings PLC 4.25% 2024 3,000,000 3,161,520
HSBC Holdings PLC 4.583% 2029 (3-month USD-LIBOR + 1.535% on 6/19/2028) 4,500,000 4,995,918
Halliburton Co. 3.80% 2025 260,000 275,938
Hanesbrands Inc. 4.625% 2024 860,000 910,534
Hanesbrands Inc. 4.875% 2026 2,700,000 2,866,050
Hardwoods Acquisition Inc. 7.50% 2021 2,328,000 1,373,520
Hartford Financial Services Group, Inc. 2.8% 2029 3,480,000 3,476,318
Hartford Financial Services Group, Inc. 3.60% 2049 1,000,000 1,010,944
HealthSouth Corp. 5.75% 2024 6,279,000 6,368,162
HealthSouth Corp. 5.75% 2025 3,285,000 3,443,830
Hertz Global Holdings Inc. 7.625% 2022 10,675,000 11,128,688
Holcim Ltd. 5.15% 2023 2,395,000 2,575,609
Home Depot, Inc. 2.95% 2029 7,345,000 7,719,595
Home Depot, Inc. 3.25% 2022 1,175,000 1,216,131
Home Depot, Inc. 3.90% 2028 1,075,000 1,209,387
Home Depot, Inc. 4.25% 2046 3,500,000 4,193,833
Home Depot, Inc. 4.50% 2048 2,560,000 3,199,877
Honeywell International Inc. 2.15% 2022 4,400,000 4,438,047
Honeywell International Inc. 2.30% 2024 6,925,000 7,034,200
Honeywell International Inc. 2.70% 2029 4,330,000 4,477,675
Hospitality Properties Trust 3.95% 2028 1,950,000 1,852,668
Hospitality Properties Trust 4.50% 2023 1,945,000 2,003,669
Hospitality Properties Trust 4.50% 2025 150,000 152,020
Hospitality Properties Trust 4.95% 2027 500,000 507,083
Host Hotels & Resorts LP 4.50% 2026 355,000 384,470
Housing Dev. Agcy., Residential Fin. Program Bonds, Series 2013-2-A, AMT, 4.00% 2043 20,000 20,807
Housing Dev. Auth., Homeownership Mortgage Bonds, Series 2014-F, 4.00% 2034 10,000 10,244
Housing Fin. Agcy., Residential Housing Fin. Bonds, Series 2014-A, 4.00% 2038 135,000 141,786
Housing Fin. Agcy., Single Family Housing Rev. Bonds, Series 167, 4.00% 2043 5,000 5,186
Housing Fin. Auth., Housing Mortgage Fin. Program Bonds, Series 2014-A-1, 4.00% 2044 40,000 41,456
Housing Fin. Auth., Housing Mortgage Fin. Program Bonds, Series 2014-C-1, 4.00% 2044 55,000 57,400
Housing Fin. Auth., Mortgage Rev. Ref. Bonds, Series 2014, AMT, 4.00% 2041 40,000 41,876
Hyundai Capital America 3.25% 2022 480,000 487,009
Icahn Enterprises Finance Corp. 6.25% 2022 5,675,000 5,836,738
Imperial Tobacco Finance PLC 3.50% 2023 4,000,000 4,083,984
Inmarsat PLC 4.875% 2022 9,800,000 9,968,462
Inmarsat PLC 6.50% 2024 2,550,000 2,683,875
Intelsat Jackson Holding Co. 6.625% 2024 1,400,000 1,428,000
Intelsat Jackson Holding Co. 8.00% 2024 3,075,000 3,201,844
Intelsat Jackson Holding Co. 8.50% 2024 9,225,000 9,314,390
International Business Machines Corp. 3.00% 2024 3,000,000 3,106,434
International Business Machines Corp. 3.50% 2029 2,000,000 2,149,244
International Paper Co. 7.30% 2039 2,005,000 2,721,254
Intesa Sanpaolo SpA 3.375% 2023 750,000 756,759
Intesa Sanpaolo SpA 3.875% 2027 1,550,000 1,550,626
Intesa Sanpaolo SpA 5.017% 2024 2,855,000 2,941,507
Intesa Sanpaolo SpA 5.71% 2026 700,000 743,546
Investment Fin. Auth., Single Family Housing Rev. Bonds, Series 2013-A, 3.00% 2043 15,000 15,280
JPMorgan Chase & Co. 2.25% 2020 4,337,000 4,338,301
JPMorgan Chase & Co. 2.301% 2025 (USD-SOFRRATE + 1.160% on 10/15/2024) 2,850,000 2,842,955
JPMorgan Chase & Co. 2.55% 2020 5,000,000 5,026,555
JPMorgan Chase & Co. 2.739% 2030 (USD-SOFRRATE + 1.510% on 10/15/2029) 17,931,000 17,844,859
JPMorgan Chase & Co. 3.214% 2020 (3-month USD-LIBOR + 0.955%) 3,986,000 3,997,619
JPMorgan Chase & Co. 3.54% 2028 (3-month USD-LIBOR + 1.38% on 5/1/2027) 3,000,000 3,162,774
JPMorgan Chase & Co. 3.559% 2024 (3-month USD-LIBOR + 0.73% on 4/23/2023) 11,213,000 11,702,739
JPMorgan Chase & Co. 3.702% 2030 (3-month USD-LIBOR + 1.160% on 5/6/2029) 2,360,000 2,533,620
JPMorgan Chase & Co. 3.797% 2024 (3-month USD-LIBOR + 0.89% on 7/23/2023) 3,276,000 3,459,361
JPMorgan Chase & Co. 3.96% 2027 (3-month USD-LIBOR + 1.245% on 1/29/2026) 4,500,000 4,873,752
JPMorgan Chase & Co., Series Z, junior subordinated, 5.30% (3-month USD-LIBOR + 3.80% on 5/1/2020) 2,700,000 2,727,473
Jaguar Holding Co. 6.375% 2023 1,600,000 1,658,000
Jersey Central Power & Light Co. 4.3% 2026 1,790,000 1,961,287
Jonah Energy LLC 7.25% 2025 1,825,000 629,625
Keurig Dr Pepper Inc. 4.057% 2023 2,000,000 2,117,572
Keurig Dr Pepper Inc. 4.597% 2028 3,266,000 3,674,632
Keurig Dr Pepper Inc. 4.985% 2038 7,161,000 8,355,004
Keurig Dr Pepper Inc. 5.085% 2048 204,000 241,223
KfW 2.125% 2022 375,000 379,099
Kinder Morgan, Inc. 4.30% 2028 4,359,000 4,741,367
Kinder Morgan, Inc. 5.20% 2048 756,000 872,429
Kraft Heinz Co. 4.875% 2049 3,130,000 3,163,845
Kronos Inc., Term Loan B, (3-month USD-LIBOR + 8.25%) 10.503% 2024 4,375,000 4,457,031
LSB Industries, Inc. 9.625% 2023 3,840,000 4,070,400
LSC Communications, Inc. 8.75% 2023 3,475,000 2,554,125
Legacy Mortgage Asset Trust, Series 2019-GS2, Class A1, 3.75% 2059 963,865 972,694
Legacy Mortgage Asset Trust, Series 2019-GS5, Class A1, 3.2% 2059 6,269,631 6,307,249
Liberty Global PLC 5.50% 2028 2,075,000 2,158,000
Ligado Networks, Term Loan, (3-month USD-LIBOR + 8.75%) 10.852% 2020 5,962,348 4,746,029
Lloyds Banking Group PLC 2.907% 2023 (3-month USD-LIBOR + 0.81% on 11/7/2022) 750,000 751,874
Lloyds Banking Group PLC 4.05% 2023 2,000,000 2,103,104
Lloyds Banking Group PLC 4.375% 2028 2,150,000 2,337,117
Lloyds Banking Group PLC 4.45% 2025 800,000 861,749
Lloyds Banking Group PLC 4.582% 2025 750,000 788,423
Lockheed Martin Corp. 2.50% 2020 6,015,000 6,042,892
Lockheed Martin Corp. 3.10% 2023 545,000 562,402
Lockheed Martin Corp. 3.55% 2026 3,490,000 3,745,192
Lowe's Companies, Inc. 2.50% 2026 500,000 499,036
Lowe's Companies, Inc. 3.65% 2029 5,714,000 6,116,323
Lowe's Companies, Inc. 4.55% 2049 385,000 445,470
MASTR Alternative Loan Trust, Series 2004-2, Class 2A1, 6.00% 2034 653,378 689,816
MDC Partners Inc. 6.50% 2024 2,950,000 2,702,938
MGM Resorts International 7.75% 2022 1,700,000 1,906,142
MPLX LP 4.125% 2027 500,000 528,025
MPLX LP 4.50% 2038 750,000 779,117
Mallinckrodt PLC 4.875% 2020 19,295,000 12,059,375
Mallinckrodt PLC 5.75% 2022 1,490,000 566,200
Manitoba (Province of) 3.05% 2024 2,600,000 2,744,820
Marathon Oil Corp. 4.40% 2027 1,005,000 1,073,208
Marsh & McLennan Companies, Inc. 3.875% 2024 1,420,000 1,514,723
Marsh & McLennan Companies, Inc. 4.375% 2029 2,740,000 3,102,781
Marsh & McLennan Companies, Inc. 4.90% 2049 1,539,000 1,930,954
McAfee, LLC, Term Loan, (3-month USD-LIBOR + 3.75%) 0% 2024 2,924,733 2,934,133
McDermott International, Inc. 10.625% 2024 3,705,000 898,463
McDonald's Corp. 3.35% 2023 420,000 438,647
Medtronic, Inc. 3.50% 2025 1,002,000 1,076,367
Mello Warehouse Securitization Trust, Series 2018-W1, Class A, (1-month USD-LIBOR + 0.85%) 2.868% 2051 1,690,000 1,694,994
Merck & Co., Inc. 2.90% 2024 3,103,000 3,226,416
Merck & Co., Inc. 3.40% 2029 3,240,000 3,515,883
Metropolitan Life Global Funding I 1.95% 2021 1,875,000 1,875,788
Metropolitan Life Global Funding I 2.50% 2020 7,000,000 7,039,802
Microsoft Corp. 3.30% 2027 4,000,000 4,315,460
Microsoft Corp. 4.10% 2037 1,000,000 1,187,784
Microsoft Corp. 4.20% 2035 6,000,000 7,188,900
Microsoft Corp. 4.25% 2047 250,000 310,798
MidAmerican Energy Holdings Co. 3.10% 2027 2,000,000 2,105,770
Mineral Resources Ltd. 8.125% 2027 850,000 877,030
Mississippi Power Co. 3.95% 2028 9,010,000 9,835,748
Mitsubishi UFJ Financial Group, Inc. 2.623% 2022 1,610,000 1,623,590
Mitsubishi UFJ Financial Group, Inc. 2.801% 2024 1,610,000 1,638,954
Mitsubishi UFJ Financial Group, Inc. 3.195% 2029 5,000,000 5,182,865
Molina Healthcare, Inc. 4.875% 2025 5,242,000 5,287,868
Molina Healthcare, Inc. 5.375% 2022 12,235,000 13,015,471
Molson Coors Brewing Co. 2.25% 2020 1,525,000 1,524,289
Molson Coors Brewing Co. 3.00% 2026 460,000 464,884
Molson Coors Brewing Co. 4.20% 2046 2,950,000 2,988,176
Morgan Stanley 2.50% 2021 3,000,000 3,020,103
Morgan Stanley 2.72% 2025 (1-month USD-SOFR + 1.152% on 07-22-24) 450,000 455,499
Morgan Stanley 3.125% 2026 325,000 334,989
Morgan Stanley 3.737% 2024 (3-month USD-LIBOR + 0.847% on 4/24/2023) 3,825,000 3,996,555
Morgan Stanley 4.431% 2030 (3-month USD-LIBOR + 1.628% on 1/23/2029) 11,145,000 12,532,753
Morgan Stanley Bank of America Merrill Lynch Trust, Series 2015-C22, Class ASB, 3.04% 2048 1,180,000 1,210,655
Morgan Stanley Bank of America Merrill Lynch Trust, Series 2015-C27, Class ASB, 3.557% 2047 1,000,000 1,048,036
Morgan Stanley Capital I Trust, Series 2014-CPT, Class A, 3.35% 2029 2,650,000 2,697,472
Mosaic Co. 3.25% 2022 1,788,000 1,828,048
Mosaic Co. 4.05% 2027 1,587,000 1,650,455
NBCUniversal Enterprise, Inc., junior subordinated, 5.25% 4,630,000 4,770,521
NGL Energy Partners LP 6.125% 2025 7,435,000 7,119,013
National Grid PLC 3.15% 2027 275,000 285,158
National Rural Utilities Cooperative Finance Corp. 3.05% 2027 4,000,000 4,184,288
National Rural Utilities Cooperative Finance Corp. 3.70% 2029 2,640,000 2,920,920
Nationstar HECM Loan Trust, Series 2018-1A, Class A, 2.76% 2028 167,114 167,194
Navient Corp. 5.50% 2023 9,110,000 9,440,238
Navient Corp. 6.125% 2024 7,530,000 7,847,691
Navient Corp. 6.50% 2022 3,675,000 3,923,063
Navient Corp. 7.25% 2023 725,000 790,794
Nestlé Holdings, Inc. 3.35% 2023 750,000 788,357
New York Life Global Funding 1.70% 2021 1,125,000 1,117,280
New York Life Global Funding 2.30% 2022 250,000 251,493
New York Life Global Funding 2.35% 2026 890,000 892,890
NiSource Finance Corp. 2.65% 2022 325,000 329,094
Noble Corp. PLC 7.95% 2025 1,725,000 1,099,688
Noble Corp. PLC 8.95% 2045 3,125,000 1,562,500
Noble Energy, Inc. 3.25% 2029 6,147,000 6,098,131
Noble Energy, Inc. 3.85% 2028 3,000,000 3,116,640
Noble Energy, Inc. 4.95% 2047 375,000 410,160
Norbord Inc. 5.75% 2027 3,850,000 3,955,875
Nordea Bank AB 2.50% 2020 2,450,000 2,462,485
Northern States Power Co. 4.125% 2044 6,000,000 6,952,854
Northern States Power Company 2.90% 2050 6,375,000 6,186,657
Northrop Grumman Corp. 2.93% 2025 4,732,000 4,881,758
Northrop Grumman Corp. 3.25% 2028 5,920,000 6,219,812
Nova Chemicals Corp. 5.25% 2027 4,475,000 4,674,585
Oasis Petroleum Inc. 6.875% 2022 4,290,000 4,021,875
Occidental Petroleum Corp. 2.70% 2022 3,000,000 3,027,501
Occidental Petroleum Corp. 2.90% 2024 3,486,000 3,516,374
Occidental Petroleum Corp. 3.20% 2026 788,000 794,542
Occidental Petroleum Corp. 3.50% 2029 4,425,000 4,496,543
Occidental Petroleum Corp. 4.40% 2049 812,000 836,250
Occidental Petroleum Corp. 4.85% 2021 2,751,000 2,845,205
Occidental Petroleum Corp. 5.55% 2026 1,125,000 1,272,950
Oncor Electric Delivery Company LLC 2.75% 2024 1,525,000 1,567,058
Orange SA 5.50% 2044 1,500,000 1,993,295
Owens & Minor, Inc. 3.875% 2021 8,910,000 8,687,250
Owens & Minor, Inc., Term Loan B, (3-month USD-LIBOR + 4.50%) 6.6% 2025 1,890,900 1,671,083
PNC Bank 2.30% 2020 250,000 250,392
PNC Bank 2.55% 2021 6,500,000 6,565,494
PNC Financial Services Group, Inc. 2.854% 2022 1,445,000 1,474,190
PNC Financial Services Group, Inc. 3.50% 2024 3,850,000 4,070,312
PNC Financial Services Group, Inc. 3.90% 2024 2,000,000 2,141,992
PacifiCorp., First Mortgage Bonds, 3.50% 2029 4,000,000 4,365,680
PacifiCorp., First Mortgage Bonds, 3.60% 2024 5,695,000 6,030,595
PacifiCorp., First Mortgage Bonds, 4.125% 2049 5,500,000 6,390,632
Pacific Gas and Electric Co. 2.95% 2026 250,000 247,500
Pacific Gas and Electric Co. 4.25% 2023 7,445,000 7,705,575
Pacific Gas and Electric Co. 4.65% 2028 750,000 798,750
Par Pharmaceutical Companies Inc. 7.50% 2027 5,335,000 4,868,188
PayPal Holdings, Inc. 2.65% 2026 2,364,000 2,377,922
PayPal Holdings, Inc. 2.85% 2029 2,770,000 2,784,795
Peabody Energy Corp. 6.00% 2022 2,150,000 2,171,500
PetSmart, Inc. 5.875% 2025 29,965,000 29,965,000
PetSmart, Inc. 8.875% 2025 14,415,000 13,730,288
PetSmart, Inc., Term Loan, (3-month USD-LIBOR + 3.00%) 5.04% 2022 5,947,358 5,746,635
Petroleos Mexicanos 6.84% 2030 6,976,000 7,226,787
Petroleos Mexicanos 7.69% 2050 939,000 981,537
Petróleos Mexicanos 5.35% 2028 1,870,000 1,791,703
Pfizer Inc. 2.80% 2022 4,250,000 4,332,807
Pfizer Inc. 2.95% 2024 3,825,000 3,978,390
Pfizer Inc. 3.45% 2029 14,455,000 15,686,234
Pfizer Inc. 4.0% 2049 1,910,000 2,207,332
Philip Morris International Inc. 1.875% 2021 1,500,000 1,497,395
Philip Morris International Inc. 2.00% 2020 1,000,000 999,576
Philip Morris International Inc. 2.375% 2022 1,960,000 1,974,431
Philip Morris International Inc. 2.625% 2022 1,670,000 1,690,706
Philip Morris International Inc. 2.875% 2024 788,000 809,218
Philip Morris International Inc. 3.25% 2024 2,000,000 2,086,740
Philip Morris International Inc. 3.375% 2029 3,268,000 3,430,560
Phillips 66 Partners LP 3.55% 2026 160,000 165,160
Phillips 66 Partners LP 4.68% 2045 400,000 430,102
Phillips 66 Partners LP 4.90% 2046 275,000 309,489
Pioneer Natural Resources Co. 3.45% 2021 3,345,000 3,390,285
Pisces Parent LLC 8.00% 2026 6,415,000 6,334,813
Procter & Gamble Co. 1.70% 2021 400,000 399,755
Prudential Financial, Inc. 3.50% 2024 4,000,000 4,260,168
Prudential Financial, Inc. 3.70% 2051 1,030,000 1,067,518
Prudential Financial, Inc. 3.878% 2028 500,000 549,764
Prudential Financial, Inc. 4.35% 2050 10,000,000 11,485,760
Prudential Financial, Inc. 4.418% 2048 250,000 286,542
Public Service Auth., Rev. Obligations (Santee Cooper), Series 2013-E, 5.00% 2048 20,000 22,204
Public Service Auth., Rev. Obligations (Santee Cooper), Series 2014-A, 5.50% 2054 1,350,000 1,538,163
Public Service Auth., Rev. Obligations (Santee Cooper), Series 2015-A, 5.00% 2050 1,390,000 1,579,638
Public Service Auth., Rev. Obligations (Santee Cooper), Series 2015-A, 5.00% 2055 2,955,000 3,349,788
Public Service Auth., Rev. Obligations (Santee Cooper), Series 2015-E, 5.25% 2055 3,020,000 3,499,425
Public Service Auth., Rev. Obligations (Santee Cooper), Series 2016-B, 5.00% 2035 410,000 489,163
Public Service Auth., Rev. Obligations (Santee Cooper), Series 2016-B, 5.00% 2036 1,685,000 2,005,672
Public Service Auth., Rev. Ref. Obligations (Santee Cooper), Series 2016-C, 5.00% 2035 650,000 775,502
Public Service Co. of Colorado 2.25% 2022 2,000,000 2,015,866
Public Service Electric and Gas Co. 3.20% 2029 4,223,000 4,495,806
Public Service Electric and Gas Co. 3.60% 2047 548,000 593,276
Public Service Electric and Gas Co. 3.85% 2049 1,890,000 2,148,465
Public Service Enterprise Group Inc. 2.25% 2026 385,000 382,293
Public Service Enterprise Group Inc. 2.65% 2022 1,900,000 1,927,856
Public Service Enterprise Group Inc. 2.875% 2024 2,625,000 2,696,691
Public Service Enterprise Group Inc. 3.20% 2049 4,650,000 4,767,854
Public Storage 2.37% 2022 565,000 570,724
Puget Energy, Inc. 5.625% 2022 1,965,000 2,102,442
Puget Energy, Inc. 6.00% 2021 1,823,000 1,939,714
Puget Energy, Inc. 6.50% 2020 1,245,000 1,303,832
Puget Sound Energy, Inc. 3.25% 2049 4,525,000 4,516,606
QEP Resources, Inc. 5.25% 2023 810,000 755,341
QGOG Constellation SA 9.50% 2024 855,465 372,127
Qatar (State of) 3.375% 2024 2,315,000 2,426,409
Qatar (State of) 4.00% 2029 745,000 826,531
Qatar (State of) 4.817% 2049 750,000 929,909
Quebec (Province of) 2.375% 2022 5,057,000 5,129,619
Quebec (Province of) 2.75% 2027 9,000,000 9,557,820
R.R. Donnelley & Sons Co. 6.50% 2023 3,310,000 3,409,300
Rabobank Nederland 2.75% 2022 2,250,000 2,285,573
Rabobank Nederland 4.375% 2025 5,000,000 5,401,595
Range Resources Corp. 5.00% 2022 175,000 164,938
Rayonier Advanced Materials Inc. 5.50% 2024 5,124,000 3,769,343
Realogy Corp. 4.875% 2023 4,625,000 4,347,500
Realogy Corp. 5.25% 2021 3,075,000 3,075,000
Realogy Corp. 9.375% 2027 2,545,000 2,377,081
Reckitt Benckiser Group PLC 2.375% 2022 1,125,000 1,132,364
Republic Services, Inc. 2.50% 2024 3,660,000 3,704,473
Reynolds American Inc. 4.45% 2025 4,655,000 4,969,971
Reynolds American Inc. 5.85% 2045 2,030,000 2,251,004
Roche Holdings, Inc. 1.75% 2022 1,165,000 1,159,665
Roche Holdings, Inc. 2.875% 2021 2,043,000 2,077,647
Roche Holdings, Inc. 3.00% 2025 4,673,000 4,900,426
Roche Holdings, Inc. 3.35% 2024 935,000 991,757
Rockwell Collins, Inc. 2.80% 2022 3,745,000 3,808,006
Roper Technologies, Inc. 2.80% 2021 1,815,000 1,844,675
Roper Technologies, Inc. 3.80% 2026 410,000 438,702
Rotech Healthcare Inc., Term Loan A, (3-month USD-LIBOR + 3.25%) 5.293% 2023 3,305,938 3,288,819
Rotech Healthcare Inc., Term Loan, (3-month USD-LIBOR + 11.00%) 13.311% 2023 8,522,269 8,607,492
Royal Bank of Canada 1.875% 2020 7,000,000 6,993,077
Ryerson Inc. 11.00% 2022 7,690,000 8,132,175
SCANA Corp. 6.25% 2020 3,785,000 3,841,442
SM Energy Co. 6.125% 2022 135,000 130,052
Sabine Pass Liquefaction, LLC 4.20% 2028 1,307,000 1,386,751
Sabine Pass Liquefaction, LLC 5.875% 2026 923,000 1,058,862
Sally Holdings LLC and Sally Capital Inc. 5.50% 2023 340,000 344,250
Sally Holdings LLC and Sally Capital Inc. 5.625% 2025 5,400,000 5,508,000
San Diego Gas & Electric Co. 3.75% 2047 4,000,000 4,264,860
San Diego Gas & Electric Co. 4.10% 2049 1,910,000 2,163,988
Santander Drive Auto Receivables Trust, Series 2016-2, Class C, 2.66% 2021 202,883 203,064
Santander Drive Auto Receivables Trust, Series 2017-1, Class C, 2.58% 2022 1,247,187 1,248,426
Saudi Arabia (Kingdom of) 5.25% 2050 1,000,000 1,247,500
Saudi Arabian Oil Co. 3.50% 2029 2,060,000 2,151,853
Scentre Group 3.25% 2025 1,000,000 1,025,774
Scentre Group 3.50% 2025 3,075,000 3,190,405
Scentre Group 3.75% 2027 2,430,000 2,566,442
Schlumberger BV 3.75% 2024 495,000 521,691
Schlumberger BV 4.00% 2025 70,000 74,698
Scientific Games Corp. 8.25% 2026 3,835,000 4,093,863
Sequoia Mortgage Trust, Series 2018-CH1, Class A1, 4.00% 2048 3,604,883 3,703,595
Shell International Finance BV 1.875% 2021 1,000,000 1,000,672
Shell International Finance BV 2.25% 2020 1,965,000 1,973,699
Shell International Finance BV 2.50% 2026 1,890,000 1,925,230
Shell International Finance BV 3.50% 2023 2,235,000 2,370,173
Shell International Finance BV 3.875% 2028 4,590,000 5,158,572
Sherwin-Williams Co. 2.75% 2022 264,000 268,036
Sherwin-Williams Co. 2.95% 2029 7,280,000 7,312,906
Sherwin-Williams Co. 3.125% 2024 275,000 284,268
Sherwin-Williams Co. 3.45% 2027 695,000 728,149
Sherwin-Williams Co. 3.80% 2049 5,208,000 5,343,783
Sherwin-Williams Co. 4.50% 2047 1,020,000 1,146,418
Shire PLC 2.40% 2021 4,498,000 4,520,184
Shire PLC 2.875% 2023 3,413,000 3,483,751
Shire PLC 3.20% 2026 16,330,000 16,866,049
Siemens AG 2.70% 2022 2,685,000 2,728,943
Sirius XM Radio Inc. 3.875% 2022 3,450,000 3,523,313
Sirius XM Radio Inc. 4.625% 2024 2,820,000 2,930,911
Skandinaviska Enskilda Banken AB 1.875% 2021 1,675,000 1,668,221
Skandinaviska Enskilda Banken AB 2.625% 2021 250,000 251,881
Skandinaviska Enskilda Banken AB 2.80% 2022 700,000 709,604
South Carolina Electric & Gas Co. 5.45% 2041 921,000 1,211,126
Southern California Edison Co. 2.85% 2029 3,075,000 3,103,693
Southern California Edison Co. 2.90% 2021 55,000 55,547
Southern California Edison Co. 3.40% 2023 150,000 155,396
Southern California Edison Co. 3.50% 2023 700,000 730,204
Southern California Edison Co. 4.125% 2048 4,783,000 5,211,686
Southern California Edison Co. 4.875% 2049 3,745,000 4,491,307
Southern California Edison Co. 5.35%2035 3,000,000 3,558,558
Southern California Edison Co. 5.75% 2035 675,000 830,018
Southern California Edison Co. 6.00% 2034 5,000,000 6,313,730
Southern California Edison Co., Series C, 3.60% 2045 5,752,000 5,844,803
Springleaf Finance Corp. 6.125% 2024 5,675,000 6,121,906
Staples, Inc. 7.50% 2026 14,450,000 14,923,960
Starbucks Corp. 3.10% 2023 1,338,000 1,384,553
Starbucks Corp. 4.50% 2048 870,000 1,012,848
Starwood Property Trust, Inc. 5.00% 2021 2,700,000 2,814,750
Statoil ASA 2.75% 2021 1,925,000 1,952,649
Statoil ASA 3.25% 2024 2,850,000 3,019,755
Statoil ASA 4.25% 2041 2,000,000 2,345,092
Sunoco LP 4.875% 2023 990,000 1,018,463
Swiss Re Finance (Luxembourg) SA 5.00% 2049 (UST Yield Curve Rate T Note Constant Maturity 5-year + 3.582% on 4/2/2029) 2,800,000 3,099,950
Symphony Ltd., CLO, Series 2013-12A, Class AR, (3-month USD-LIBOR + 1.03%) 3.333% 2025 6,646,865 6,654,176
Synchrony Credfit Card Master Note Trust, Series 2018-A1, Class A1, 3.38% 2024 3,310,000 3,396,513
Synchrony Credit Card Master Note Trust, Series 2019-1, Class A, 2.95% 2025 5,400,000 5,518,730
TAL Advantage V LLC, Series 2013-2A, Class A, 3.55% 2038 1,091,667 1,099,207
TAL Advantage V LLC, Series 2014-1A, Class A, 3.51% 2039 1,015,833 1,015,176
TPC Group Inc. 10.50% 08-01-24 1,843,000 1,930,543
Takeda Pharmaceutical Co., Ltd. 4.40% 2023 11,295,000 12,173,006
Takeda Pharmaceutical Co., Ltd. 5.00% 2028 1,875,000 2,197,380
Talen Energy Corp. 10.50% 2026 885,000 765,525
Talen Energy Corp. 7.25% 2027 1,930,000 1,971,109
Td Ameritrade Holding Co 2.75% 2029 1,050,000 1,057,552
Team Health Holdings, Inc. 6.375% 2025 9,450,000 6,577,200
Teekay Corp. 9.25% 2022 4,825,000 4,933,563
Teekay Offshore Partners LP 8.50% 2023 3,550,000 3,523,375
Tenet Healthcare Corp. 4.625% 2024 2,553,000 2,633,368
Tenet Healthcare Corp. 4.875% 2026 18,500,000 19,008,750
Teva Pharmaceutical Finance Co. BV 2.20% 2021 1,055,000 967,963
Teva Pharmaceutical Finance Co. BV 2.80% 2023 29,086,000 23,596,018
Teva Pharmaceutical Finance Co. BV 3.15% 2026 27,048,000 19,001,220
Teva Pharmaceutical Finance Co. BV 4.10% 2046 3,550,000 2,240,938
Teva Pharmaceutical Finance Co. BV 6.00% 2024 12,016,000 10,401,350
The Connecticut Light and Power Co. 3.20% 2027 4,875,000 5,159,281
Toronto-Dominion Bank 2.65% 2024 3,100,000 3,163,820
Total Capital International 2.434% 2025 5,010,000 5,063,797
Total Capital International 3.455% 2029 14,140,000 15,282,809
Total Capital International 3.461% 2049 1,355,000 1,438,122
Total Capital SA 3.883% 2028 7,000,000 7,835,562
Towd Point Mortgage Trust, Series 2019-SJ1, Class A1, 3.75% 2058 2,234,155 2,258,219
Toyota Auto Loan Extended Note Trust, Series 2019-1, Class A, 2.56% 2031 3,250,000 3,325,927
Toyota Motor Credit Corp. 3.05% 2028 2,430,000 2,569,696
TransCanada PipeLines Ltd. 4.25% 2028 2,190,000 2,423,421
TransCanada PipeLines Ltd. 4.75% 2038 6,000,000 6,864,270
TransCanada PipeLines Ltd. 4.875% 2048 1,450,000 1,689,202
Transocean Inc. 9.00% 2023 2,454,000 2,555,228
Travelers Companies, Inc. 4.00% 2047 1,588,000 1,822,392
Travelers Companies, Inc. 4.10% 2049 3,910,000 4,575,693
Trilogy International Partners, LLC 8.875% 2022 12,800,000 12,256,000
Triton Container Finance LLC, Series 2017-1A, Class A, 3.52% 2042 1,897,470 1,919,073
Triton Container Finance LLC, Series 2017-2A, Class A, 3.62% 2042 1,653,205 1,673,113
Tronox Ltd. 6.50% 2026 2,880,000 2,757,600
U.S. Treasury 1.125% 2021 32,000,000 31,680,000
U.S. Treasury 1.25% 2020 78,000,000 77,801,880
U.S. Treasury 1.25% 2020 278,117,000 277,546,860
U.S. Treasury 1.25% 2024 14,924,000 14,718,497
U.S. Treasury 1.375% 2020 46,500,000 46,394,445
U.S. Treasury 1.375% 2020 35,000,000 34,930,350
U.S. Treasury 1.375% 2021 49,410,000 49,154,056
U.S. Treasury 1.5% 2021 3,777,000 3,766,236
U.S. Treasury 1.50% 2020 500,000 498,850
U.S. Treasury 1.50% 2022 5,489,000 5,477,199
U.S. Treasury 1.50% 2022 8,359,000 8,344,623
U.S. Treasury 1.50% 2026 500,000 496,080
U.S. Treasury 1.625% 2020 125,000,000 124,782,500
U.S. Treasury 1.625% 2020 10,000,000 9,989,800
U.S. Treasury 1.625% 2021 5,204,000 5,198,432
U.S. Treasury 1.625% 2023 18,000,000 18,031,320
U.S. Treasury 1.625% 2026 7,000,000 7,003,710
U.S. Treasury 1.625% 2026 1,500,000 1,500,855
U.S. Treasury 1.625% 2029 37,263,000 37,105,750
U.S. Treasury 1.75% 2021 9,500,000 9,522,420
U.S. Treasury 1.75% 2024 29,456,100 29,723,267
U.S. Treasury 1.750% 2024 155,150,000 156,501,357
U.S. Treasury 1.875% 2022 100,000,000 100,608,000
U.S. Treasury 1.875% 2022 8,000,000 8,072,480
U.S. Treasury 1.875% 2022 5,000,000 5,038,850
U.S. Treasury 2.00% 2022 25,000,000 25,320,500
U.S. Treasury 2.00% 2025 44,800,000 45,803,072
U.S. Treasury 2.00% 2026 8,000,000 8,204,800
U.S. Treasury 2.125% 2021 20,000,000 20,137,000
U.S. Treasury 2.125% 2022 37,000,000 37,643,430
U.S. Treasury 2.125% 2024 52,500,000 53,756,850
U.S. Treasury 2.125% 2024 5,000,000 5,122,000
U.S. Treasury 2.125% 2024 5,400,000 5,564,430
U.S. Treasury 2.125% 2024 5,000,000 5,129,400
U.S. Treasury 2.25% 2021 138,000,000 139,123,320
U.S. Treasury 2.25% 2021 9,730,000 9,829,246
U.S. Treasury 2.25% 2023 5,000,000 5,139,750
U.S. Treasury 2.25% 2024 5,000,000 5,142,500
U.S. Treasury 2.25% 2026 7,072,000 7,348,727
U.S. Treasury 2.25% 2027 103,250,000 107,725,888
U.S. Treasury 2.25% 2049 40,000,000 41,181,200
U.S. Treasury 2.375% 2023 5,000,000 5,128,200
U.S. Treasury 2.375% 2024 70,000,000 72,634,100
U.S. Treasury 2.375% 2027 880,000 927,529
U.S. Treasury 2.50% 2020 15,000,000 15,072,600
U.S. Treasury 2.50% 2021 200,000,000 201,882,000
U.S. Treasury 2.50% 2022 715,000 729,622
U.S. Treasury 2.50% 2023 29,000,000 29,918,140
U.S. Treasury 2.50% 2024 700,000 729,078
U.S. Treasury 2.50% 2024 225,000,000 233,757,000
U.S. Treasury 2.50% 2025 3,500,000 3,663,345
U.S. Treasury 2.50% 2046 5,000,000 5,387,850
U.S. Treasury 2.625% 2025 4,966,000 5,235,058
U.S. Treasury 2.625% 2025 26,900,000 28,516,690
U.S. Treasury 2.75% 2021 19,232,000 19,644,911
U.S. Treasury 2.75% 2023 31,326,000 32,602,848
U.S. Treasury 2.75% 2023 76,600,000 79,939,760
U.S. Treasury 2.75% 2025 3,229,200 3,432,543
U.S. Treasury 2.875% 2028 5,217,100 5,728,324
U.S. Treasury 2.875% 2046 88,550,000 102,562,152
U.S. Treasury 2.875% 2049 55,990,400 65,354,235
U.S. Treasury 3.00% 2047 70,000,000 83,047,300
U.S. Treasury 3.00% 2047 12,460,000 14,776,563
U.S. Treasury 3.00% 2048 451,200 536,098
U.S. Treasury 3.00% 2049 16,710,000 19,938,038
U.S. Treasury 4.75% 2041 15,000,000 22,193,850
U.S. Treasury 5.00% 2026 77,925,000 79,232,582
U.S. Treasury Inflation-Protected Security 0.25% 2029 24,223,416 24,472,282
U.S. Treasury Inflation-Protected Security 0.375% 2027 8,231,663 8,335,048
U.S. Treasury Inflation-Protected Security 0.5% 2024 35,605,500 36,081,185
U.S. Treasury Inflation-Protected Security 0.50% 2028 62,409,600 63,946,080
U.S. Treasury Inflation-Protected Security 0.625% 2024 224,527,324 228,274,619
U.S. Treasury Inflation-Protected Security 0.75% 2028 17,887,275 18,812,150
U.S. Treasury Inflation-Protected Security 0.875% 2029 29,309,693 31,164,686
U.S. Treasury Inflation-Protected Security 0.875% 2047 7,971,600 8,678,250
U.S. Treasury Inflation-Protected Security 1.00% 2046 5,414,150 6,049,130
U.S. Treasury Inflation-Protected Security 1.00% 2049 14,356,109 16,269,341
U.S. Treasury Inflation-Protected Security 1.375% 2044 141,215,272 169,630,856
UBS Group AG 4.125% 2025 2,750,000 2,973,691
UDR, Inc. 2.95% 2026 760,000 773,533
US Bancorp 2.375% 2026 4,000,000 4,041,828
US Bancorp 2.40% 2024 2,000,000 2,025,832
US Bancorp 2.625% 2022 1,805,000 1,828,324
US Bancorp 3.40% 2023 5,675,000 5,951,622
US Bancorp 3.70% 2024 5,000,000 5,334,570
US Bank NA (3-month USD-LIBOR + 0.32%) 2.603% 2020 1,950,000 1,951,488
US Bank NA 3.00% 2021 3,000,000 3,037,812
Ultra Petroleum Corp. 11.00% 2024 4,722,926 684,824
UniCredit SpA 3.75% 2022 7,175,000 7,339,716
UniCredit SpA 4.625% 2027 625,000 664,601
UniCredit SpA 5.861% 2032 2,400,000 2,476,406
UniCredit SpA 6.572% 2022 475,000 509,703
Uniform Mortgage-Backed Security 2.50% 2034 14,583,333 14,710,077
Uniform Mortgage-Backed Security 4.00% 2034 17,452,000 18,158,090
Uniform Mortgage-Backed Security 4.00% 2049 104,239 108,189
Uniform Mortgage-Backed Security 4.50% 2049 81,000,682 85,310,161
Union Pacific Corp. 3.15% 2024 1,287,000 1,337,501
Union Pacific Corp. 3.70% 2029 8,500,000 9,273,645
Union Pacific Corp. 3.75% 2025 4,643,000 5,004,996
Union Pacific Corp. 3.95% 2028 1,875,000 2,071,785
Union Pacific Corp. 3.95% 2059 1,365,000 1,462,615
Union Pacific Corp. 4.30% 2049 3,690,000 4,310,783
Unisys Corp. 10.75% 2022 3,125,000 3,429,688
United Parcel Service, Inc. 4.25% 2049 850,000 992,548
United Technologies Corp. 3.65% 2023 1,544,000 1,634,239
United Technologies Corp. 3.95% 2025 5,155,000 5,647,534
United Technologies Corp. 4.125% 2028 1,960,000 2,219,857
UnitedHealth Group Inc. 2.375% 2024 590,000 594,191
UnitedHealth Group Inc. 2.875% 2029 1,050,000 1,072,453
UnitedHealth Group Inc. 3.375% 2027 500,000 529,900
UnitedHealth Group Inc. 3.50% 2024 4,500,000 4,738,496
UnitedHealth Group Inc. 3.875% 2028 2,500,000 2,752,550
UnitedHealth Group Inc. 4.45% 2048 5,315,000 6,312,742
Univision Communications Inc. 5.125% 2023 6,475,000 6,491,188
Valaris PLC 5.75% 2044 7,095,000 3,050,850
Valaris PLC 7.75% 2026 2,575,000 1,391,015
Valeant Pharmaceuticals International, Inc. 6.125% 2025 22,525,000 23,426,000
Valeant Pharmaceuticals International, Inc. 9.25% 2026 18,210,000 20,736,455
Valero Energy Corp. 4.00% 2029 4,000,000 4,255,908
Venator Materials Corp. 5.75% 2025 5,900,000 5,000,250
Veritas Holdings Ltd. 10.50% 2024 1,710,000 1,624,500
Veritas Holdings Ltd. 7.50% 2023 1,475,000 1,465,328
Veritas US Inc., Term Loan B, (3-month USD-LIBOR + 4.50%) 6.543% 2023 1,246,803 1,180,826
Verizon Communications Inc. 4.016% 2029 2,000,000 2,225,444
Verizon Communications Inc. 4.50% 2033 2,000,000 2,329,310
Verizon Communications Inc. 4.862% 2046 470,000 575,511
Verizon Owner Trust, Series 2016-2A, Class A, 1.68% 2021 1,072,893 1,072,308
Verizon Owner Trust, Series 2017-1A, Class A, 2.06% 2021 3,758,057 3,757,103
Verizon Owner Trust, Series 2017-2A, Class A, 1.92% 2021 5,556,808 5,552,029
Vinci SA 3.75% 2029 2,237,000 2,451,061
Vine Oil & Gas LP 8.75% 2023 2,500,000 1,150,000
Virgin Australia Holdings Ltd. 8.50% 2019 2,500,000 2,506,875
Virginia Electric and Power Co. 3.80% 2028 2,000,000 2,194,704
Virginia Electric and Power Co. 4.60% 2048 4,200,000 5,166,974
Visa Inc. 2.80% 2022 2,000,000 2,058,904
Visa Inc. 3.15% 2025 5,500,000 5,868,742
Vodafone Group PLC 3.75% 2024 3,788,000 3,996,499
Vodafone Group PLC 4.125% 2025 2,500,000 2,705,915
Vodafone Group PLC 4.25% 2050 7,000,000 7,166,005
Vodafone Group PLC 4.375% 2028 350,000 386,956
Vodafone Group PLC 4.875% 2049 5,400,000 6,041,304
Vodafone Group PLC 5.25% 2048 1,408,000 1,634,784
Volkswagen Group of America Finance, LLC 3.2% 2026 8,867,000 8,949,348
Volkswagen Group of America Finance, LLC 4.00% 2021 4,988,000 5,156,619
Volkswagen Group of America Finance, LLC 4.25% 2023 7,405,000 7,895,130
Volkswagen Group of America Finance, LLC 4.625% 2025 7,085,000 7,816,484
WEA Finance LLC 3.25% 2020 5,055,000 5,107,147
WM. Wrigley Jr. Co. 3.375% 2020 250,000 253,599
Wal-Mart Stores, Inc. 2.35% 2022 1,000,000 1,015,079
Wal-Mart Stores, Inc. 2.55% 2023 5,660,000 5,780,252
Wal-Mart Stores, Inc. 2.85% 2024 5,725,000 5,957,177
Wal-Mart Stores, Inc. 3.05% 2026 4,080,000 4,326,534
Wal-Mart Stores, Inc. 3.40% 2023 6,580,000 6,932,425
Wal-Mart Stores, Inc. 3.70% 2028 936,000 1,039,143
Warrior Met Coal, Inc. 8.00% 2024 2,799,000 2,912,709
Weatherford International LLC 9.875% 2025 2,550,000 892,500
Weatherford International Ltd., Term Loan, (3-month USD-LIBOR + 3.00%) 5.07% 2020 8,331,364 8,352,193
Weatherford International PLC 4.50% 2022 6,365,000 2,227,750
Weatherford International PLC 6.50% 2036 7,595,000 2,658,250
Weatherford International PLC 6.75% 2040 7,825,000 2,758,313
Weatherford International PLC 8.25% 2023 5,800,000 2,088,000
Weatherford International PLC 9.875% 2024 1,000,000 362,500
Wells Fargo & Co. (3-month USD-LIBOR + 0.65%) 2.762% 2019 8,804,000 8,814,380
Wells Fargo & Co. 2.15% 2020 4,025,000 4,023,990
Wells Fargo & Co. 3.584% 2028 (3-month USD-LIBOR + 1.31% on 5/15/2027) 217,000 230,067
Wells Fargo & Co. 4.15% 2029 4,725,000 5,236,543
Welltower Inc. 3.95% 2023 1,325,000 1,404,470
Westfield Corp. Ltd. 3.15% 2022 4,290,000 4,378,498
Westfield Corp. Ltd. 3.50% 2029 2,130,000 2,196,995
Westlake Automobile Receivables Trust, Series 2019-2A, Class A2 3.06% 2023 3,330,000 3,340,679
Westlake Automobile Receivables Trust, Series 2019-2A, Class B, 2.62% 2024 870,000 874,861
Westlake Automobile Receivables Trust, Series 2019-2A, Class C, 2.84% 2024 1,390,000 1,402,207
Westlake Chemical Corp. 4.375% 2047 500,000 492,609
Westpac Banking Corp. 2.15% 2020 5,000,000 5,002,635
Westpac Banking Corp. 2.75% 2023 1,750,000 1,786,929
Williams Partners LP 4.30% 2024 85,000 90,462
World Financial Network Credit Card Master Note Trust, Series 2018-A, Class A, 3.07% 2024 7,000,000 7,089,257
World Financial Network Credit Card Master Note Trust, Series 2018-B, Class A, 3.46% 2025 8,275,000 8,482,016
World Financial Network Credit Card Master Note Trust, Series 2019-A, Class A, 3.14% 2025 5,375,000 5,500,754
World Financial Network Credit Card Master Note Trust, Series 2019-C, Class A, 2.21% 2026 6,000,000 6,010,440
Wynn Las Vegas, LLC and Wynn Capital Corp. 4.25% 2023 4,918,000 5,071,688
Wynn Las Vegas, LLC and Wynn Capital Corp. 5.50% 2025 1,670,000 1,757,675
Wynn Resorts LTD 5.125% 2029 846,000 888,110
Xcel Energy Inc. 4.00% 2028 4,000,000 4,407,844
Ziggo Bond Finance BV 5.50% 2027 5,825,000 6,101,688
Zimmer Holdings, Inc. 3.15% 2022 7,070,000 7,209,095
Equity Securities* Shares or Principal Amount Market Value Percent of Net Assets
ASML Holding NV 70,000 17,338,380 0.07
ASML Holding NV (New York registered) 1,865,000 463,303,300 1.79
AURELIUS Equity Opportunities SE & Co. KGaA, non-registered shares 598,761 24,708,176 0.10
Abbott Laboratories 2,300,000 192,441,000 0.75
Activision Blizzard, Inc. 519,500 27,491,940 0.11
Advanz Pharma Corp. 175,310 2,105,280 0.01
Advanz Pharma Corp. 41,657 500,255 0.00
Airbus SE, non-registered shares 786,130 102,135,613 0.40
Alcoa Corp. 2,500,000 50,175,000 0.19
Allakos Inc. 506,700 39,841,821 0.15
Alphabet Inc., Class A 111,200 135,790,768 0.53
Alphabet Inc., Class C 133,600 162,858,400 0.63
Altria Group, Inc. 2,500,000 102,250,000 0.40
Amazon.com, Inc. 103,000 178,798,730 0.69
American Tower Corp. REIT 296,000 65,454,480 0.25
Aon PLC, Class A 275,000 53,231,750 0.21
Apollo Global Management, Inc., Class A 2,083,000 78,779,060 0.31
Aramark 3,000,000 130,740,000 0.51
Arch Capital Group Ltd. 7,331,500 307,776,370 1.19
Ares Management Corp., Class A 1,015,403 27,222,954 0.11
Associated Materials, LLC, 14.00% convertible preferred 2020 5,000 4,983,350 0.02
Associated Materials, LLC, warrants, expire 2023 71,030 0 0.00
Bank of America Corp. 6,000,000 175,020,000 0.68
Berkshire Hathaway Inc., Class A 61 19,021,752 0.07
BlackRock, Inc. 229,000 102,051,560 0.40
Bluebird Bio, Inc. 1,558,700 143,119,834 0.55
Boeing Co. 1,294,300 492,442,321 1.91
British American Tobacco PLC 875,000 32,356,377 0.13
Broadcom Inc. 2,095,000 578,366,650 2.24
Broadcom Inc., Series A, cumulative convertible preferred 2022 60,000 61,523,148 0.24
CME Group Inc., Class A 977,200 206,521,448 0.80
CMS Energy Corp. 2,284,700 146,106,565 0.57
CSX Corp. 1,615,000 111,871,050 0.43
Capital One Financial Corp. 1,950,000 177,411,000 0.69
Cenovus Energy Inc. 28,000,000 262,701,438 1.02
Charter Communications, Inc., Class A 942,126 388,268,967 1.50
Chevron Corp. 600,000 71,160,000 0.28
Chubb Ltd. 2,375,000 383,420,000 1.49
Cigna Corp. 1,250,000 189,737,500 0.74
Citigroup Inc. 2,500,000 172,700,000 0.67
Comcast Corp., Class A 550,000 24,794,000 0.10
ConocoPhillips 335,000 19,088,300 0.07
Corporate Risk Holdings I, Inc. 168,812 19,802 0.00
Corteva, Inc. 916,666 25,666,648 0.10
Cortexyme, Inc. 815,700 20,335,401 0.08
Crown Castle International Corp. REIT 755,000 104,952,550 0.41
Crown Castle International Corp. REIT, Series A, 6.875% convertible preferred 2020 31,500 39,758,355 0.15
DTE Energy Co. 226,000 30,048,960 0.12
Daiichi Sankyo Co., Ltd. 1,291,300 81,257,852 0.31
Danaher Corp., Series A, 4.75% cumulative convertible preferred 2022 22,709 25,889,395 0.10
Dell Technologies Inc., Class C 2,387,100 123,795,006 0.48
Diamondback Energy, Inc. 175,000 15,734,250 0.06
Digital Realty Trust, Inc. REIT 525,000 68,150,250 0.26
Dow Inc. 5,416,666 258,104,135 1.00
DuPont de Nemours Inc. 916,666 65,367,452 0.25
Exxon Mobil Corp. 640,000 45,190,400 0.18
Facebook, Inc., Class A 1,077,100 191,809,968 0.74
First Hawaiian, Inc. 400,000 10,680,000 0.04
First Quantum Minerals Ltd. 2,775,000 23,312,639 0.09
First Republic Bank 3,380,000 326,846,000 1.27
Franco-Nevada Corp. 293,737 26,765,242 0.10
General Motors Co. 4,100,000 153,668,000 0.60
Gilead Sciences, Inc. 1,500,000 95,070,000 0.37
HDFC Bank Ltd. 594,000 10,288,100 0.04
Home Depot, Inc. 1,188,000 275,639,760 1.07
Honeywell International Inc. 152,000 25,718,400 0.10
Humana Inc. 1,265,000 323,422,550 1.25
Intel Corp. 4,353,939 224,358,477 0.87
Intercontinental Exchange, Inc. 800,000 73,816,000 0.29
Intuit Inc. 800,000 212,752,000 0.82
JPMorgan Chase & Co. 1,600,000 188,304,000 0.73
Johnson & Johnson 3,822,000 494,490,360 1.92
Kontoor Brands, Inc. 3,100,000 108,810,000 0.42
LVMH Moët Hennessy-Louis Vuitton SE 116,896 46,460,346 0.18
Lockheed Martin Corp. 847,200 330,458,832 1.28
LyondellBasell Industries NV 1,250,000 111,837,500 0.43
MKS Instruments, Inc. 2,800,000 258,384,000 1.00
Mastercard Inc., Class A 451,000 122,478,070 0.47
Merck & Co., Inc. 2,420,300 203,740,854 0.79
Microsoft Corp. 6,641,900 923,423,357 3.58
MongoDB, Inc., Class A 282,003 33,975,721 0.13
NIKE, Inc., Class B 357,000 33,529,440 0.13
Nasdaq, Inc. 638,000 63,385,300 0.25
Nestlé SA 3,006,689 326,200,376 1.26
Nestlé SA (ADR) 900,000 97,560,000 0.38
Netflix, Inc. 180,800 48,385,696 0.19
Newmont Goldcorp Corp. 620,000 23,510,400 0.09
Noble Energy, Inc. 13,000,000 291,980,000 1.13
Northrop Grumman Corp. 1,349,400 505,741,626 1.96
NuCana PLC (ADR) 603,988 4,372,873 0.02
PNC Financial Services Group, Inc. 500,000 70,080,000 0.27
PayPal Holdings, Inc. 316,300 32,765,517 0.13
Pfizer Inc. 1,815,000 65,212,950 0.25
Philip Morris International Inc. 5,430,000 412,299,900 1.60
RenaissanceRe Holdings Ltd. 357,000 69,061,650 0.27
RingCentral, Inc., Class A 361,700 45,451,222 0.18
Rotech Healthcare Inc. 184,138 2,577,932 0.01
Royal Dutch Shell PLC, Class B (ADR) 2,745,000 164,425,500 0.64
Royal Gold, Inc. 695,000 85,630,950 0.33
Sabre Corp. 1,794,500 40,187,828 0.16
ServiceNow, Inc. 129,200 32,797,420 0.13
Suncor Energy Inc. 4,000,000 126,172,774 0.49
Suzuki Motor Corp. 4,400,000 186,661,734 0.72
TISCO Financial Group PCL, foreign registered 12,675,900 42,480,947 0.16
Taiwan Semiconductor Manufacturing Co., Ltd. (ADR) 6,806,700 316,375,416 1.23
The Blackstone Group Inc., Class A 600,000 29,304,000 0.11
Thermo Fisher Scientific Inc. 296,000 86,215,920 0.33
Tradeweb Markets Inc., Class A 156,400 5,783,672 0.02
TransDigm Group Inc. 45,000 23,430,150 0.09
Tribune Resources, Inc. 926,514 2,084,657 0.01
Tribune Resources, Inc., Class A, warrants, expire 2023 311,755 23,818 0.00
Tribune Resources, Inc., Class B, warrants, expire 2023 242,476 12,391 0.00
Tribune Resources, Inc., Class C, warrants, expire 2023 227,540 8,260 0.00
UnitedHealth Group Inc. 2,016,300 438,182,316 1.70
VF Corp. 1,500,000 133,485,000 0.52
VeriSign, Inc. 1,400,000 264,082,000 1.02
Verizon Communications Inc. 810,000 48,891,600 0.19
Vertex Pharmaceuticals Inc. 460,000 77,933,200 0.30
Visa Inc., Class A 1,032,000 177,514,320 0.69
Waste Management, Inc. 214,000 24,610,000 0.10
WellCare Health Plans, Inc. 166,500 43,151,805 0.17
WestRock Co. 1,362,700 49,670,415 0.19

Investors should carefully consider investment objectives, risks, charges and expenses. This and other important information is contained in the fund prospectuses and summary prospectuses, which can be obtained from a financial professional and should be read carefully before investing.

Investments are not FDIC-insured, nor are they deposits of or guaranteed by a bank or any other entity, so they may lose value.

*
Excludes certain securities in initial period of acquisition.