Portfolio Holdings - American Funds Insurance Series - Asset Allocation Fund | Capital Group

Portfolio Holdings

American Funds Insurance Series - Asset Allocation Fund

As of September 30, 2018 (updated quarterly, upon availability)

Equity Securities* Shares or Principal Amount Market Value Percent of Net Assets
ASML Holding NV (New York registered) 2,202,100 414,038,842 1.54
AT&T Inc. 1,000,000 33,580,000 0.13
AbbVie Inc. 2,475,300 234,113,874 0.87
Activision Blizzard, Inc. 1,685,000 140,175,150 0.52
Aetna Inc. 700,000 141,995,000 0.53
Alcoa Corp. 2,500,000 101,000,000 0.38
Alphabet Inc., Class A 90,800 109,602,864 0.41
Alphabet Inc., Class C 108,985 130,070,328 0.48
Altria Group, Inc. 1,400,000 84,434,000 0.31
Amazon.com, Inc. 105,000 210,315,000 0.78
American Tower Corp. REIT 550,000 79,915,000 0.30
Amphenol Corp., Class A 500,000 47,010,000 0.18
Arch Capital Group Ltd. 8,595,000 256,216,950 0.96
Associated Materials, LLC, 14.00% convertible preferred 2020 5,000 6,074,394 0.02
Associated Materials, LLC, warrants, expire 2023 71,030 0 0.00
AstraZeneca PLC (ADR) 2,001,300 79,191,441 0.30
Bank of America Corp. 6,000,000 176,760,000 0.66
Berkshire Hathaway Inc., Class A 84 26,880,004 0.10
Blackstone Group LP 1,510,000 57,500,800 0.21
Bluebird Bio, Inc. 453,000 66,138,000 0.25
Boeing Co. 1,109,000 412,437,100 1.54
Bristol-Myers Squibb Co. 978,000 60,714,240 0.23
British American Tobacco PLC 1,575,000 73,584,588 0.27
Broadcom Inc. 1,995,000 492,226,350 1.83
CBS Corp., Class B 1,000,000 57,450,000 0.21
CEVA Logistics AG 157,127 2,754,446 0.01
Cabot Oil & Gas Corp. 5,000,000 112,600,000 0.42
Capital One Financial Corp. 1,250,000 118,662,500 0.44
Cenovus Energy Inc. 27,000,000 271,118,337 1.01
Charter Communications, Inc., Class A 27,126 8,839,821 0.03
Chevron Corp. 1,100,250 134,538,570 0.50
Chubb Ltd. 2,450,000 327,418,000 1.22
Cie. Financière Richemont SA, Class A 415,000 33,829,224 0.13
Citigroup Inc. 2,500,000 179,350,000 0.67
Colgate-Palmolive Co. 500,000 33,475,000 0.12
Comcast Corp., Class A 7,550,000 267,345,500 1.00
Concordia International Corp. 175,310 3,247,793 0.01
Concordia International Corp. 41,859 842,915 0.00
ConocoPhillips 335,000 25,929,000 0.10
Corporate Risk Holdings Corp. 854 0 0.00
Corporate Risk Holdings I, Inc. 168,812 118,168 0.00
Crown Castle International Corp. REIT 755,000 84,054,150 0.31
Cumulus Media Inc., Class A 8,723 148,989 0.00
Cumulus Media Inc., Class B 10,599 181,031 0.00
Diamondback Energy, Inc. 380,000 51,372,200 0.19
Dillard's, Inc., Class A (USA) 1,700,000 129,778,000 0.48
Diplomat Pharmacy, Inc. 2,156,200 41,851,842 0.16
DowDuPont Inc. 7,153,100 460,015,861 1.71
Enbridge Inc. 1,950,000 62,965,500 0.23
Enbridge Inc. 48,515 1,565,521 0.01
Express Scripts Holding Co. 3,100,000 294,531,000 1.10
Extraction Oil & Gas, Inc. 3,000,000 33,870,000 0.13
Facebook, Inc., Class A 1,332,000 219,060,720 0.82
First Quantum Minerals Ltd. 3,861,222 43,973,658 0.16
First Republic Bank 2,580,000 247,680,000 0.92
Franco-Nevada Corp. 292,832 18,318,295 0.07
General Motors Co. 4,100,000 138,047,000 0.51
Gilead Sciences, Inc. 1,500,000 115,815,000 0.43
HDFC Bank Ltd. 297,000 8,219,021 0.03
Halliburton Co. 750,000 30,397,500 0.11
Home Depot, Inc. 1,175,000 243,401,250 0.91
Humana Inc. 965,000 326,671,800 1.22
Intel Corp. 6,000,000 283,740,000 1.06
Intuit Inc. 1,100,000 250,140,000 0.93
JPMorgan Chase & Co. 2,100,000 236,964,000 0.88
Johnson & Johnson 3,622,000 500,451,740 1.87
Largan Precision Co., Ltd. 340,000 40,477,516 0.15
Lockheed Martin Corp. 947,200 327,693,312 1.22
LyondellBasell Industries NV 1,700,000 174,267,000 0.65
Mastercard Inc., Class A 468,000 104,181,480 0.39
Merck & Co., Inc. 2,420,300 171,696,082 0.64
Microsoft Corp. 6,750,000 771,997,500 2.88
Mondelez International, Inc. 1,025,000 44,034,000 0.16
NIKE, Inc., Class B 1,980,000 167,745,600 0.63
Nestlé SA 3,508,230 292,483,573 1.09
Nestlé SA (ADR) 900,000 74,880,000 0.28
Netflix, Inc. 148,600 55,595,718 0.21
Newell Brands Inc. 5,197,300 105,505,190 0.39
Newmont Mining Corp. 470,000 14,194,000 0.05
Noble Energy, Inc. 10,500,000 327,495,000 1.22
Nucor Corp. 1,750,000 111,037,500 0.41
Oaktree Capital Group, LLC 2,610,000 108,054,000 0.40
PNC Financial Services Group, Inc. 708,000 96,422,520 0.36
Philip Morris International Inc. 4,860,000 396,284,400 1.48
Ply Gem Parent, LLC, Class B 248 31,127 0.00
Public Storage REIT 300,000 60,489,000 0.23
Regeneron Pharmaceuticals, Inc. 120,467 48,673,487 0.18
RenaissanceRe Holdings Ltd. 357,000 47,688,060 0.18
RingCentral, Inc., Class A 961,200 89,439,660 0.33
Rotech Healthcare Inc. 184,138 368,276 0.00
Royal Dutch Shell PLC, Class A (ADR) 10,061 685,557 0.00
Royal Dutch Shell PLC, Class B (ADR) 3,810,000 270,243,300 1.01
Royal Gold, Inc. 695,000 53,556,700 0.20
Starbucks Corp. 1,410,500 80,172,820 0.30
SunTrust Banks, Inc. 387,100 25,854,409 0.10
Suncor Energy Inc. 4,000,000 154,778,771 0.58
Taiwan Semiconductor Manufacturing Co., Ltd. 8,600,000 73,936,397 0.28
Taiwan Semiconductor Manufacturing Co., Ltd. (ADR) 14,251,000 629,324,160 2.35
TransDigm Group Inc. 75,000 27,922,500 0.10
Tribune Resources, Inc. 926,514 2,918,519 0.01
Tribune Resources, Inc., Class A, warrants, expire 2023 311,755 139,323 0.00
Tribune Resources, Inc., Class B, warrants, expire 2023 242,476 85,182 0.00
Tribune Resources, Inc., Class C, warrants, expire 2023 227,540 65,054 0.00
UnitedHealth Group Inc. 2,240,000 595,929,600 2.22
VF Corp. 2,000,000 186,900,000 0.70
VeriSign, Inc. 2,985,101 477,974,372 1.78
Verizon Communications Inc. 2,040,000 108,915,600 0.41
Vertex Pharmaceuticals Inc. 260,000 50,112,400 0.19
Visa Inc., Class A 1,059,000 158,945,310 0.59
Walgreens Boots Alliance, Inc. 754,800 55,024,920 0.21
Waste Management, Inc. 214,000 19,337,040 0.07
Weatherford International PLC 56,000,000 151,760,000 0.57
Wells Fargo & Co. 4,656,400 244,740,384 0.91
WestRock Co. 590,000 31,529,600 0.12
Western Digital Corp. 2,400,000 140,496,000 0.52
Fixed-Income Securities* Shares or Principal Amount Market Value
3M Co. 2.25% 2026 1,000,000 909,283
3M Co. 3.625% 2028 4,590,000 4,587,778
ACE INA Holdings Inc. 2.30% 2020 1,345,000 1,320,877
ACE INA Holdings Inc. 2.875% 2022 3,880,000 3,799,393
ACE INA Holdings Inc. 3.35% 2026 880,000 855,805
ACE INA Holdings Inc. 4.35% 2045 800,000 817,594
ADT Corp. 3.50% 2022 3,325,000 3,158,750
AEP Transmission Company LLC 3.75% 2047 2,390,000 2,186,437
AEP Transmission Company LLC 4.25% 2048 1,630,000 1,628,254
AES Corp. 5.50% 2025 6,073,000 6,255,190
APPLE INC 4(2) CP 10/19/2018 50,000,000 49,937,050
ARMY & AIR FORCE EXCHANGE SERVICE 4(2) CP 10/2/2018 25,000,000 24,994,100
AT&T Inc. (US 3 Month Libor + 1.18%) 3.514% 2024 4,700,000 4,724,788
AT&T Inc. 4.10% 2028 4,464,000 4,334,513
AbbVie Inc. 4.25% 2028 3,050,000 3,010,472
AbbVie Inc. 4.30% 2036 604,000 567,546
AbbVie Inc. 4.45% 2046 5,850,000 5,433,351
AbbVie Inc. 4.875% 2048 1,900,000 1,876,917
Abbott Laboratories 2.90% 2021 1,130,000 1,116,753
Abbott Laboratories 3.40% 2023 270,000 269,167
Abbott Laboratories 3.75% 2026 3,695,000 3,689,772
Abbott Laboratories 4.75% 2036 460,000 490,517
Abbott Laboratories 4.90% 2046 500,000 544,405
Alexandria Real Estate Equities, Inc. 3.95% 2028 1,220,000 1,172,228
Allergan PLC 3.00% 2020 1,050,000 1,049,118
Allergan PLC 3.45% 2022 7,645,000 7,602,517
Allergan PLC 3.80% 2025 406,000 397,978
Allergan PLC 4.75% 2045 6,000,000 5,846,142
Allison Transmission Holdings, Inc. 5.00% 2024 3,205,000 3,196,988
Almonde Inc., Term Loan, (3-month USD-LIBOR + 7.25%) 9.636% 2025 4,200,000 4,163,250
Alphabet Inc. 1.998% 2026 3,000,000 2,704,950
Altria Group, Inc. 4.50% 2043 3,000,000 2,899,848
Amazon.com, Inc. 2.40% 2023 3,000,000 2,886,432
Amazon.com, Inc. 2.80% 2024 5,875,000 5,680,878
Ameren Corp. 3.70% 2047 1,500,000 1,394,598
AmeriCredit Automobile Receivables Trust, Series 2015-3, Class C, 2.73% 2021 3,455,000 3,452,385
AmeriCredit Automobile Receivables Trust, Series 2016-3, Class A3, 1.46% 2021 891,006 887,357
AmeriCredit Automobile Receivables Trust, Series 2016-3, Class B, 1.80% 2021 500,000 494,213
American Axle & Manufacturing Holdings, Inc. 6.50% 2027 3,275,000 3,254,466
American Campus Communities, Inc. 3.35% 2020 1,765,000 1,760,300
American Campus Communities, Inc. 3.625% 2027 5,745,000 5,379,400
American Campus Communities, Inc. 3.75% 2023 3,055,000 3,021,306
American Campus Communities, Inc. 4.125% 2024 6,075,000 6,034,097
American Electric Power Co., Inc. 2.95% 2022 4,020,000 3,932,682
American Electric Power Co., Inc. 3.20% 2027 1,275,000 1,196,116
American Energy (Permian Basin) (3-month USD-LIBOR + 6.50%) 8.848% 2019 825,000 787,875
American Energy (Permian Basin), 7.125% 2020 7,345,000 4,921,150
American Energy (Permian Basin), 7.375% 2021 5,725,000 3,749,875
American Express Co. 2.20% 2020 6,000,000 5,876,106
American Honda Finance Corp. 2.65% 2021 3,750,000 3,707,224
American Honda Finance Corp. 3.50% 2028 2,202,000 2,156,093
American International Group, Inc. 4.20% 2028 4,895,000 4,850,088
American Tower Corp. 3.55% 2027 1,425,000 1,333,337
American Tower Corp. 3.60% 2028 2,000,000 1,871,198
Anadarko Petroleum Corp. 4.85% 2021 3,455,000 3,552,089
Anadarko Petroleum Corp. 5.55% 2026 2,250,000 2,394,196
Angel Oak Capital Advisors LLC, Series 2013-9A, CLO, Class A1R, (3-month USD-LIBOR + 1.01%) 3.357% 2025 2,098,921 2,099,047
Anheuser-Busch InBev NV 2.65% 2021 1,000,000 986,212
Anheuser-Busch InBev NV 3.30% 2023 5,940,000 5,870,062
Anheuser-Busch InBev NV 3.50% 2024 890,000 881,570
Anheuser-Busch InBev NV 3.65% 2026 4,985,000 4,841,806
Anheuser-Busch InBev NV 4.00% 2028 5,815,000 5,739,795
Anheuser-Busch InBev NV 4.60% 2048 2,000,000 1,941,876
Anheuser-Busch InBev NV 4.90% 2046 550,000 553,230
Apple Inc. 2.50% 2022 2,355,000 2,303,941
Apple Inc. 2.75% 2025 6,000,000 5,750,934
Apple Inc. 2.90% 2027 9,000,000 8,486,289
Apple Inc. 3.00% 2024 1,250,000 1,226,008
Apple Inc. 3.35% 2027 90,000 88,085
Applied Systems, Inc., Term Loan, (3-month USD-LIBOR + 7.00%) 9.386% 2025 600,000 614,786
Arroyo Mortgage Trust, Series 2018-1, Class A1, 3.763% 2048 3,249,632 3,258,753
Ascent Resources Marcellus Holdings, Inc., Term Loan B, (3-month USD-LIBOR + 6.50%) 8.62% 2023 1,223,333 1,231,998
Associated Materials, LLC 9.00% 2024 8,905,000 9,305,725
AstraZeneca PLC 3.375% 2025 7,890,000 7,641,986
Avis Budget Group, Inc. 5.50% 2023 3,755,000 3,749,142
Avon Products, Inc. 7.875% 2022 3,780,000 3,917,025
B&G Foods, Inc. 4.625% 2021 440,000 441,100
B&G Foods, Inc. 5.25% 2025 1,660,000 1,595,360
BANK OF TOKYO MIT UFJ NEW YORK CP 10/19/2018 10,300,000 10,286,765
BB&T Corp. 2.45% 2020 6,000,000 5,955,642
BB&T Corp. 2.625% 2022 2,500,000 2,447,948
BB&T Corp. 2.75% 2022 3,050,000 2,988,905
BB&T Corp. 3.70% 2025 2,800,000 2,791,334
BNP Paribas 3.375% 2025 3,225,000 3,056,245
Ball Corp. 4.375% 2020 2,450,000 2,489,813
Bank of America Corp. 2.625% 2020 4,037,000 3,989,246
Bank of America Corp. 3.248% 2027 1,500,000 1,396,415
Bank of America Corp. 3.55% 2024 (3-month USD-LIBOR + 0.78% on 3/5/2023) 7,250,000 7,169,366
Bank of America Corp. 3.593% 2028 (3-month USD-LIBOR + 1.37% on 7/21/2027) 3,000,000 2,861,622
Bank of America Corp. 4.244% 2038 (3-month USD-LIBOR + 1.814% on 4/24/2037) 1,000,000 976,896
Bank of America Corp. 4.271% 2029 (3-month USD-LIBOR +1.31% on 07/23/2028) 1,580,000 1,578,534
Bayer AG 2.375% 2019 2,750,000 2,732,499
Bayer US Finance II LLC 3.875% 2023 3,360,000 3,340,542
Bayer US Finance II LLC 4.25% 2025 8,729,000 8,671,293
Bayer US Finance II LLC 4.375% 2028 1,254,000 1,230,312
Bayer US Finance II LLC 4.625% 2038 1,525,000 1,462,852
Bayerische Motoren Werke AG 2.25% 2023 600,000 561,218
Bayerische Motoren Werke AG 3.45% 2023 8,685,000 8,610,665
Becton, Dickinson and Co. 2.133% 2019 2,250,000 2,237,058
Becton, Dickinson and Co. 2.404% 2020 2,250,000 2,216,669
Becton, Dickinson and Co. 2.894% 2022 1,170,000 1,138,337
Becton, Dickinson and Co. 3.363% 2024 860,000 831,721
Berkshire Hathaway Energy Co. 2.40% 2020 1,245,000 1,235,081
Berkshire Hathaway Finance Corp. 1.30% 2019 1,070,000 1,057,254
Berkshire Hathaway Finance Corp. 4.20% 2048 7,145,000 7,102,716
Berkshire Hathaway Inc. 2.20% 2021 1,000,000 980,614
Berkshire Hathaway Inc. 2.75% 2023 2,615,000 2,554,981
Berkshire Hathaway Inc. 3.125% 2026 1,000,000 965,281
Blackstone CQP Holdco LP, 6.00% 2021 5,700,000 5,727,850
Blackstone CQP Holdco LP, 6.50% 2021 21,325,000 21,494,171
BlueMountain Ltd., Series 2013-4A, CLO, Class AR, (3-month USD-LIBOR + 1.01%) 3.349% 2025 1,691,498 1,692,039
Bohai Financial Investment Holding Co., Ltd. 5.50% 2024 2,250,000 2,309,063
Boston Scientific Corp. 3.85% 2025 5,500,000 5,485,860
Brandywine Operating Partnership, LP 3.95% 2023 1,070,000 1,063,883
British American Tobacco International Finance PLC 3.95% 2025 5,500,000 5,372,945
British American Tobacco PLC 3.222% 2024 5,000,000 4,770,670
British American Tobacco PLC 4.39% 2037 5,500,000 5,126,853
British American Tobacco PLC 4.54% 2047 3,250,000 2,985,372
British Telecommunications PLC 9.625% 2030 2,875,000 4,091,795
Broadcom Ltd. 2.375% 2020 1,500,000 1,482,867
Broadcom Ltd. 3.00% 2022 1,500,000 1,462,247
CCO Holdings LLC and CCO Holdings Capital Corp. 4.50% 2024 3,000,000 3,016,092
CCO Holdings LLC and CCO Holdings Capital Corp. 4.908% 2025 1,000,000 1,016,368
CCO Holdings LLC and CCO Holdings Capital Corp. 5.00% 2028 4,250,000 4,005,200
CCO Holdings LLC and CCO Holdings Capital Corp. 5.125% 2023 1,700,000 1,711,135
CCO Holdings LLC and CCO Holdings Capital Corp. 5.75% 2026 5,850,000 5,886,563
CCO Holdings LLC and CCO Holdings Capital Corp. 6.484% 2045 585,000 630,123
CF Industries, Inc. 4.95% 2043 4,130,000 3,670,538
CHARIOT FUNDING LLC 4(2) CP 10/29/2018 30,000,000 29,942,250
CHARTA LLC 4(2) CP 1/15/2019 50,000,000 49,634,700
CHARTA LLC 4(2) CP 11/15/2018 50,000,000 49,851,800
CHEVRON CORP 4(2) CP 10/26/2018 25,000,000 24,958,175
CIESCO LLC 4(2) CP 10/3/2018 50,000,000 49,985,150
CIFC Funding Ltd., Series 2014-3A, CLO, Class AR, (3-month USD-LIBOR + 0.95%) 3.297% 2026 2,380,000 2,380,048
CME Group Inc. 3.75% 2028 6,000,000 6,004,260
CME Group Inc. 4.15% 2048 1,500,000 1,499,274
COCA-COLA COMPANY (THE) 4(2) CP 11/13/2018 15,500,000 15,456,306
COCA-COLA COMPANY (THE) 4(2) CP 11/8/2018 37,750,000 37,655,399
COCA-COLA COMPANY (THE) 4(2) CP 12/21/2018 40,000,000 39,787,840
CONSOL Energy Inc. 5.875% 2022 19,450,000 19,523,910
CPPIB Capital Inc. 1.25% 2019 3,900,000 3,842,904
CPPIB Capital Inc. 2.25% 2022 4,286,000 4,162,778
CPPIB Capital Inc. 2.375% 2021 6,000,000 5,907,660
CPPIB Capital Inc. 2.75% 2027 6,600,000 6,253,566
CPS Auto Receivables Trust, Series 2017-B, Class A, 1.75% 2020 424,105 423,480
CS First Boston Mortgage Securities Corp., Series 2004-5, Class IVA1, 6.00% 2034 359,835 367,135
CSAIL Commercial Mortgage Trust, Series 2015-C4, Class ASB, 3.6167% 2048 1,400,000 1,403,622
CSX Corp. 3.80% 2028 6,985,000 6,894,859
CSX Corp. 4.30% 2048 2,250,000 2,208,013
CVR Partners, LP 9.25% 2023 2,100,000 2,242,422
CVS Health Corp. 3.35% 2021 740,000 739,021
CVS Health Corp. 3.70% 2023 1,005,000 1,001,520
CVS Health Corp. 4.10% 2025 1,119,000 1,117,098
CVS Health Corp. 4.30% 2028 4,930,000 4,890,762
CVS Health Corp. 4.78% 2038 1,578,000 1,570,635
Cablevision Systems Corp. 6.75% 2021 8,525,000 9,004,531
Calpine Corp. 5.25% 2026 5,970,000 5,552,100
Canadian National Railway Co. 3.20% 2046 2,635,000 2,240,625
Canadian National Railway Co. 3.65% 2048 5,015,000 4,648,318
Canadian Natural Resources Ltd. 2.95% 2023 4,975,000 4,800,860
Canadian Natural Resources Ltd. 4.95% 2047 1,000,000 1,039,495
Cenovus Energy Inc. 3.80% 2023 3,970,000 3,889,993
Cenovus Energy Inc. 4.25% 2027 6,625,000 6,412,834
Cenovus Energy Inc. 5.25% 2037 2,000,000 1,986,378
Cenovus Energy Inc. 5.40% 2047 8,000,000 8,077,360
Centene Corp. 4.75% 2022 8,770,000 8,897,165
Centene Corp. 4.75% 2025 2,825,000 2,825,000
Centerpoint Energy, Inc. 2.50% 2022 900,000 860,811
CenturyLink, Inc. 6.75% 2023 8,475,000 8,824,594
CenturyLink, Inc., Series T, 5.80% 2022 1,325,000 1,354,813
Chemours Co. 6.625% 2023 4,990,000 5,224,979
Chesapeake Energy Corp. (3-month USD-LIBOR + 3.25%) 5.589% 2019 3,200,000 3,212,000
Chesapeake Energy Corp. 4.875% 2022 6,250,000 6,101,563
Chesapeake Energy Corp. 8.00% 2025 4,475,000 4,629,388
Chesapeake Energy Corp. 8.00% 2027 4,365,000 4,461,030
Chevron Corp. 2.566% 2023 2,000,000 1,934,588
Chevron Corp. 3.326% 2025 1,165,000 1,149,856
Chevron Phillips Chemical Company LLC 3.30% 2023 1,170,000 1,155,107
Chevron Phillips Chemical Company LLC 3.70% 2028 3,000,000 2,961,456
Chrysler Capital Auto Receivables Trust, Series 2015-AA, Class B, 2.07% 2021 60,324 60,308
Cigna Corp. 3.40% 2021 1,800,000 1,794,465
Cigna Corp. 4.125% 2025 1,865,000 1,861,880
Cigna Corp. 4.375% 2028 2,175,000 2,171,814
Cigna Corp. 4.80% 2038 9,140,000 9,154,779
Cigna Corp. 4.90% 2048 1,650,000 1,654,396
Cigna Corp.3.75% 2023 1,955,000 1,949,677
Citibank Credit Card Issuance Trust, Series 2014-A6, Class A6, 2.15% 2021 275,000 273,677
Citigroup Commercial Mortgage Trust, Series 2015-GC29, Class AAB, 2.984% 2048 1,185,000 1,166,649
Citigroup Inc. 2.35% 2021 6,855,000 6,646,245
Citigroup Inc. 2.90% 2021 4,000,000 3,918,656
Citigroup Inc. 3.20% 2026 2,211,000 2,066,060
Citigroup Inc. 3.40% 2021 1,725,000 1,725,200
Citigroup Inc. 4.65% 2048 2,430,000 2,463,762
Clear Channel Worldwide Holdings, Inc. 7.625% 2020 16,260,000 16,361,625
Cleveland-Cliffs Inc. 4.875% 2024 3,025,000 2,987,188
Cleveland-Cliffs Inc. 5.75% 2025 18,995,000 18,543,869
Comcast Corp. 2.35% 2027 4,000,000 3,521,264
Comcast Corp. 3.20% 2036 750,000 626,217
Comcast Corp. 3.30% 2027 1,000,000 945,800
Comcast Corp. 3.90% 2038 1,500,000 1,374,501
Comcast Corp. 4.00% 2048 1,500,000 1,353,959
Comision Federal de Electricidad 4.75% 2027 1,270,000 1,257,313
Commercial Mortgage Trust, Series 2015-PC1, Class A5, 3.902% 2050 4,735,000 4,795,078
Commonwealth Bank of Australia 2.25% 2020 1,000,000 987,411
Commonwealth Edison Company 3.65% 2046 2,000,000 1,813,360
Commonwealth Edison Company 4.00% 2048 2,600,000 2,510,706
Commonwealth Edison Company 4.35% 2045 2,085,000 2,115,754
Community Dev. Administration, Dept. of Housing and Community Dev., Residential Rev. Ref. Bonds, Series 2014-E, 2.857% 2040 70,000 68,868
Compass Diversified Holdings 8.00% 2026 2,775,000 2,872,125
Comstock Resources, Inc. 9.75% 2026 4,225,000 4,226,268
Concho Resources Inc. 4.30% 2028 5,570,000 5,555,824
Concho Resources Inc. 4.85% 2048 826,000 830,438
Concordia International Corp. (3-month USD-LIBOR + 5.50%) 7.814% 2024 985,000 970,225
Concordia International Corp. 8.00% 2024 357,000 350,753
Connecticut Avenue Securities, Series 2014-C02, Class 1M1, (1-month USD-LIBOR + 0.95%) 3.166% 2024 18,820 18,856
Consolidated Edison Co. of New York 4.50% 2058 6,100,000 6,040,330
Consolidated Energy Finance SA 6.50% 2026 2,685,000 2,728,631
Constellation Brands, Inc. 2.00% 2019 2,250,000 2,229,962
Constellation Brands, Inc. 2.25% 2020 2,250,000 2,199,584
Constellation Brands, Inc. 2.65% 2022 4,835,000 4,625,026
Constellation Brands, Inc. 2.70% 2022 395,000 381,152
Constellation Brands, Inc. 3.20% 2023 1,650,000 1,599,650
Constellation Brands, Inc. 3.60% 2028 1,250,000 1,171,284
Constellation Brands, Inc. 4.50% 2047 445,000 416,205
Consumers Energy Co. 3.125% 2024 3,785,000 3,684,224
Consumers Energy Co. 3.25% 2046 940,000 804,372
Consumers Energy Co. 3.375% 2023 475,000 472,456
Consumers Energy Co. 4.05% 2048 6,285,000 6,200,278
Convey Park Energy LLC 7.50% 2025 2,000,000 2,037,500
Corporate Office Properties LP 3.60% 2023 765,000 740,088
Corporate Office Properties LP 5.25% 2024 3,595,000 3,705,794
Costco Wholesale Corp. 2.15% 2021 2,250,000 2,201,796
Costco Wholesale Corp. 2.30% 2022 2,250,000 2,179,438
Costco Wholesale Corp. 2.75% 2024 12,250,000 11,859,948
Credit Suisse Group AG 3.00% 2021 250,000 246,515
Credit Suisse Group AG 3.80% 2023 1,625,000 1,607,713
Credit Suisse Group AG 3.869% 2029 (3-month USD-LIBOR + 1.41% on 1/12/2028) 800,000 754,068
Crédit Agricole SA 4.375% 2025 1,700,000 1,664,944
Cumulus Media New Holdings Inc., Term Loan, (3-month USD-LIBOR + 4.50%) 6.75% 2022 1,500,335 1,484,151
DCP Midstream Operating LP 4.95% 2022 4,775,000 4,858,563
DNB ASA 2.375% 2021 3,000,000 2,913,438
DaVita HealthCare Partners Inc. 5.00% 2025 3,875,000 3,738,174
DaimlerChrysler North America Holding Corp. 2.00% 2021 200,000 192,065
DaimlerChrysler North America Holding Corp. 2.25% 2019 6,000,000 5,963,304
DaimlerChrysler North America Holding Corp. 2.25% 2020 2,765,000 2,727,872
DaimlerChrysler North America Holding Corp. 3.35% 2023 1,200,000 1,180,892
DaimlerChrysler North America Holding Corp. 3.75% 2028 397,000 388,130
Danske Bank AS 2.70% 2022 2,000,000 1,917,756
Deutsche Telekom International Finance BV 1.95% 2021 1,000,000 956,226
Deutsche Telekom International Finance BV 2.82% 2022 2,535,000 2,477,656
Deutsche Telekom International Finance BV 3.60% 2027 3,750,000 3,560,573
Deutsche Telekom International Finance BV 9.25% 2032 3,570,000 5,174,790
Diamond Offshore Drilling, Inc. 4.875% 2043 4,685,000 3,455,188
Diamond Offshore Drilling, Inc. 7.875% 2025 2,550,000 2,655,188
Diebold Nixdorf AG Term Loan B (3-month USD-LIBOR + 2.75%) 0% 2023 1,445,051 1,253,582
Dominion Resources, Inc. 1.60% 2019 890,000 879,946
Dominion Resources, Inc. 1.875% 2018 2,500,000 2,495,975
Dominion Resources, Inc. 2.00% 2021 790,000 755,357
Dominion Resources, Inc. 2.579% 2020 (2.579% on 7/1/2020) 950,000 938,037
Dominion Resources, Inc. 2.75% 2022 800,000 779,366
Dominion Resources, Inc. 2.85% 2026 1,500,000 1,367,283
Dominion Resources, Inc. 2.962% 2019 300,000 299,917
Drive Auto Receivables Trust, Series 2017-AA, Class C, 2.98% 2022 850,000 849,378
Drivetime Auto Owner Trust, Series 2016-3A, Class C, 3.15% 2022 1,300,147 1,300,955
Drivetime Auto Owner Trust, Series 2017-3A, Class C, 3.01% 2023 3,850,000 3,834,392
Drivetime Auto Owner Trust, Series 2017-4A, Class C, 2.86% 2023 2,000,000 1,991,730
Duke Energy Corp. 2.65% 2026 4,325,000 3,915,254
Duke Energy Corp. 3.75% 2024 150,000 150,329
Duke Energy Florida, LLC 3.20% 2027 2,420,000 2,328,176
Duke Energy Ohio, Inc. 3.70% 2046 1,950,000 1,771,729
Duke Energy Progress Inc. 3.70% 2046 4,350,000 3,976,435
Duke Energy Progress Inc. 4.15% 2044 3,020,000 2,965,247
Duke Energy Progress, LLC 3.375% 2023 2,040,000 2,035,151
EDP Finance BV 3.625% 2024 12,250,000 11,721,106
EDP Finance BV 4.125% 2020 3,402,000 3,427,270
EMD Finance LLC 2.40% 2020 210,000 207,245
EMD Finance LLC 2.95% 2022 1,010,000 985,169
EMD Finance LLC 3.25% 2025 1,020,000 972,198
EOG Resources, Inc. 4.15% 2026 2,980,000 3,051,049
EPR Properties 4.50% 2027 3,240,000 3,100,476
EPR Properties 4.75% 2026 6,070,000 5,957,238
EQT Corp. 3.00% 2022 975,000 945,688
EQT Corp. 3.90% 2027 1,810,000 1,698,386
EXXON MOBIL CORPORATION CP 10/17/2018 50,000,000 49,943,750
EXXON MOBIL CORPORATION CP 10/2/2018 50,000,000 49,988,350
Eastman Chemical Co. 2.70% 2020 7,000,000 6,965,112
Electricité de France SA 2.35% 2020 650,000 638,523
Electricité de France SA 5.60% 2040 1,950,000 2,079,537
Electricité de France SA 6.95% 2039 2,050,000 2,513,759
Emera US Finance LP 2.15% 2019 300,000 298,114
Emera US Finance LP 2.70% 2021 770,000 747,913
Emera US Finance LP 3.55% 2026 645,000 608,200
EnLink Midstream Partners, LP 5.45% 2047 1,964,000 1,711,689
Enbridge Energy Partners, LP 5.20% 2020 120,000 122,998
Enbridge Energy Partners, LP 5.875% 2025 3,825,000 4,216,076
Enbridge Energy Partners, LP, Series B, 7.50% 2038 2,000,000 2,583,062
Enbridge Inc. 3.70% 2027 3,897,000 3,768,796
Enbridge Inc. 4.00% 2023 2,500,000 2,521,763
Endo International PLC 5.75% 2022 5,865,000 5,505,769
Endo International PLC 6.00% 2025 3,945,000 3,420,315
Enel Finance International SA 3.50% 2028 5,800,000 5,112,793
Enel Finance International SA 4.25% 2023 4,500,000 4,441,788
Enel Finance International SA 4.625% 2025 4,500,000 4,409,123
Enel Finance International SA 4.875% 2029 3,750,000 3,638,726
Energy Transfer Partners, LP 4.15% 2020 3,500,000 3,546,932
Energy Transfer Partners, LP 4.20% 2027 185,000 178,929
Energy Transfer Partners, LP 4.75% 2026 4,000,000 4,045,960
Energy Transfer Partners, LP 4.95% 2028 282,000 287,483
Energy Transfer Partners, LP 5.30% 2047 1,941,000 1,884,497
Energy Transfer Partners, LP 5.40% 2047 1,300,000 1,288,652
Energy Transfer Partners, LP 5.875% 2024 2,775,000 2,927,625
Energy Transfer Partners, LP 6.00% 2048 3,056,000 3,265,092
Energy Transfer Partners, LP 7.50% 2020 1,175,000 1,261,069
Enersis Américas SA 4.00% 2026 495,000 472,478
Ensco PLC 7.75% 2026 3,650,000 3,636,313
Ensco PLC, 5.75% 2044 7,820,000 5,874,775
Entergy Corp. 2.95% 2026 1,160,000 1,067,016
Entergy Louisiana, LLC 4.20 2048 4,200,000 4,176,522
Enterprise Fleet Financing LLC, Series 2016-2, Class A2, 1.74% 2022 295,658 294,685
Enterprise Fleet Financing LLC, Series 2017-1, Class A2, 2.13% 2022 403,191 401,212
Enterprise Fleet Financing LLC, Series 2017-1, Class A3, 2.60% 2022 655,000 650,219
Enterprise Products Operating LLC 4.90% 2046 1,000,000 1,036,528
Envision Healthcare Corp. 5.125% 2022 1,405,000 1,446,448
Equinor ASA 3.625% 2028 9,735,000 9,617,868
Essex Portfolio LP 3.50% 2025 5,865,000 5,673,349
Essex Portfolio LP 3.875% 2024 1,000,000 995,398
Euramax International, Inc. 12.00% 2020 4,350,000 4,551,188
Exelon Corp. 3.40% 2026 200,000 191,597
Exelon Corp. 3.497% 2022 2,150,000 2,114,046
Exeter Automobile Receivables Trust, Series 2018-1A, Class C, 3.03% 2023 3,000,000 2,969,253
Extraction Oil & Gas, Inc. 5.625% 2026 2,900,000 2,581,000
Exxon Mobil Corp. 2.222% 2021 5,070,000 4,973,487
Exxon Mobil Corp. 2.726% 2023 3,000,000 2,938,365
Exxon Mobil Corp. 3.043% 2026 2,250,000 2,183,641
FED HM LN BK BD 1/4/2019 50,000,000 49,711,270
FED HM LN BK BD 10/1/2018 21,000,000 20,996,350
FED HM LN BK BD 10/10/2018 75,000,000 74,960,595
FED HM LN BK BD 10/12/2018 50,000,000 49,967,895
FED HM LN BK BD 10/19/2018 7,500,000 7,492,087
FED HM LN BK BD 10/23/2018 75,000,000 74,903,303
FED HM LN BK BD 10/24/2018 50,000,000 49,932,605
FED HM LN BK BD 10/4/2018 25,000,000 24,995,640
FED HM LN BK BD 10/5/2018 125,000,000 124,970,938
FED HM LN BK BD 10/9/2018 56,700,000 56,673,515
FED HM LN BK BD 11/1/2018 100,000,000 99,818,420
FED HM LN BK BD 11/13/2018 30,000,000 29,923,860
FED HM LN BK BD 11/14/2018 75,000,000 74,802,525
FED HM LN BK BD 11/16/2018 50,000,000 49,864,270
FED HM LN BK BD 11/2/2018 110,500,000 110,292,890
FED HM LN BK BD 11/6/2018 100,500,000 100,288,136
FED HM LN BK BD 11/7/2018 100,000,000 99,781,540
FED HM LN BK BD 11/8/2018 38,200,000 38,114,294
FED HM LN BK BD 11/9/2018 25,000,000 24,942,440
FED HM LN BK BD 12/5/2018 135,000,000 134,474,189
FED HM LN BK DISC NT 11/5/2018 27,000,000 26,943,889
FED HM LN MTG CORP DISC NT 10/18/2018 150,000,000 149,850,510
FED NAT MTGE DISC NT 10/22/2018 50,000,000 49,938,460
FED NAT MTGE DISC NT 11/28/2018 70,000,000 69,756,617
FS Energy and Power Fund 7.50% 2023 2,020,000 2,065,450
Fannie Mae 1.875% 2026 13,000,000 11,770,200
Fannie Mae 2.00% 2022 3,000,000 2,912,370
Fannie Mae 3.00% 2036 21,043,376 20,529,223
Fannie Mae 3.00% 2046 35,141,730 33,675,406
Fannie Mae 3.50% 2042 9,567,946 9,493,899
Fannie Mae 3.50% 2045 3,817,641 3,775,380
Fannie Mae 3.50% 2045 15,422,030 15,302,679
Fannie Mae 3.50% 2046 7,275,719 7,193,482
Fannie Mae 3.50% 2046 2,900,391 2,862,811
Fannie Mae 3.50% 2047 5,468,344 5,398,612
Fannie Mae 3.50% 2047 6,514,405 6,416,559
Fannie Mae 3.50% 2047 61,662,036 60,745,122
Fannie Mae 3.50% 2048 26,435,788 26,038,643
Fannie Mae 4.00% 2041 3,439,713 3,502,584
Fannie Mae 4.00% 2041 2,738,410 2,788,753
Fannie Mae 4.00% 2043 2,230,262 2,279,326
Fannie Mae 4.00% 2043 2,026,051 2,065,735
Fannie Mae 4.00% 2043 3,738,262 3,820,511
Fannie Mae 4.00% 2046 959,365 973,160
Fannie Mae 4.00% 2046 2,729,738 2,767,883
Fannie Mae 4.00% 2047 23,560,550 23,903,686
Fannie Mae 4.00% 2047 14,487,073 14,656,065
Fannie Mae 4.00% 2048 162,950,000 164,319,432
Fannie Mae 4.50% 2048 82,790,000 85,294,811
Fannie Mae 5.50% 2033 509,737 551,006
Fannie Mae 5.50% 2033 339,339 366,895
Fannie Mae 5.50% 2036 770,317 831,942
Fannie Mae 5.50% 2037 150,345 162,391
Fannie Mae 5.50% 2037 274,960 297,061
Fannie Mae 6.00% 2021 17,170 17,496
Fannie Mae 6.00% 2026 276,933 299,306
Fannie Mae 6.00% 2036 570,700 628,426
Fannie Mae 6.00% 2036 93,653 102,527
Fannie Mae 6.00% 2036 1,807,356 1,988,186
Fannie Mae 6.00% 2037 183,960 202,641
Fannie Mae 6.00% 2037 1,796,345 1,979,116
Fannie Mae 6.00% 2037 1,490,744 1,642,940
Fannie Mae 6.00% 2037 24,968 27,490
Fannie Mae 6.00% 2038 46,376 51,155
Fannie Mae 6.00% 2038 1,787,614 1,971,238
Fannie Mae 6.00% 2038 761,479 834,475
Fannie Mae 6.00% 2038 436,070 480,583
Fannie Mae 6.00% 2038 434,045 478,075
Fannie Mae 6.00% 2038 32,535 35,813
Fannie Mae 6.00% 2038 851,817 938,273
Fannie Mae 6.00% 2038 2,552,412 2,812,600
Fannie Mae 6.00% 2038 50,312 54,837
Fannie Mae 6.00% 2039 990 1,092
Fannie Mae 6.00% 2040 473,826 522,609
Fannie Mae 6.00% 2040 152,519 168,214
Fannie Mae 6.00% 2041 612,125 674,921
Fannie Mae 6.00% 2041 935,722 1,029,997
Fannie Mae 7.00% 2047 44,318 48,028
Fannie Mae 7.00% 2047 2,232 2,418
Fannie Mae, Series 2001-T10, Class A1, 7.00% 2041 183,843 206,711
Fannie Mae, Series 2002-W3, Class A5, 7.50% 2041 43,780 49,559
Fannie Mae, Series 2006-43, Class JO, principal only, 0% 2036 100,036 83,850
Fannie Mae, Series 2012-M14, Class A2, Multi Family, 2.301% 2022 2,145,000 2,070,330
Fannie Mae, Series 2012-M5, Class A2, Multi Family, 2.715% 2022 3,937,524 3,874,807
Fannie Mae, Series 2012-M9, Class A2, Multi Family, 2.482% 2022 4,397,228 4,293,436
Fannie Mae, Series 2013-M14, Class A2, Multi Family, 3.329% 2023 7,375,611 7,418,249
Fannie Mae, Series 2014-M1, Class A2, Multi Family, 3.298% 2023 8,798,441 8,804,636
Fannie Mae, Series 2014-M2, Class A2, Multi Family, 3.513% 2023 6,450,000 6,512,481
Fannie Mae, Series 2014-M3, Class A2, Multi Family, 3.501% 2024 7,000,000 7,071,253
Fannie Mae, Series 2014-M9, Class A2, Multi Family, 3.103% 2024 6,215,000 6,134,746
Fannie Mae, Series 2017-M3, Class A2, Multi Family, 2.568% 2026 9,665,000 8,970,579
Fannie Mae, Series 2017-M7, Class A2, Multi Family, 2.961% 2027 2,891,000 2,758,708
First Data Corp. 5.00% 2024 2,400,000 2,422,800
First Data Corp. 5.375% 2023 2,850,000 2,900,588
First Quantum Minerals Ltd. 6.875% 2026 4,275,000 3,895,594
First Quantum Minerals Ltd. 7.00% 2021 5,602,000 5,549,481
First Quantum Minerals Ltd. 7.25% 2022 8,175,000 8,031,938
First Quantum Minerals Ltd. 7.50% 2025 11,350,000 10,810,875
FirstEnergy Corp. 3.90% 2027 3,660,000 3,565,016
FirstEnergy Corp. 4.85% 2047 3,375,000 3,440,914
FirstEnergy Corp., Series B, 4.25% 2023 1,540,000 1,565,133
Ford Credit Auto Owner Trust, Series 2016-2, Class A, 2.03% 2027 2,900,000 2,806,887
Ford Credit Auto Owner Trust, Series 2017-1, Class A, 2.62% 2028 3,330,000 3,246,231
Ford Credit Auto Owner Trust, Series 2018-1, Class A, 3.19% 2031 14,965,000 14,613,382
Ford Credit Auto Owner Trust, Series 2018-2, Class A, 3.47% 2030 13,095,000 13,090,076
Ford Credit Floorplan Master Owner Trust, Series 2016-3, Class A1, 1.55% 2021 3,500,000 3,456,723
Ford Motor Co. 5.291% 2046 750,000 669,362
Ford Motor Credit Co. 1.897% 2019 2,500,000 2,473,658
Ford Motor Credit Co. 2.343% 2020 7,635,000 7,425,274
Ford Motor Credit Co. 2.597% 2019 3,000,000 2,976,795
Ford Motor Credit Co. 3.157% 2020 1,000,000 990,703
Ford Motor Credit Co. 3.20% 2021 2,250,000 2,217,731
France Télécom 4.125% 2021 5,000,000 5,118,510
Freddie Mac 0% 2045 1,273,639 1,276,886
Freddie Mac 3.00% 2037 31,186,265 30,414,686
Freddie Mac 3.50% 2047 45,985,239 45,295,414
Freddie Mac 3.50% 2047 43,952,238 43,292,910
Freddie Mac 3.50% 2047 4,498,841 4,436,978
Freddie Mac 3.50% 2047 24,096,163 23,734,480
Freddie Mac 3.50% 2047 12,496,529 12,308,956
Freddie Mac 4.00% 2042 4,554,300 4,641,173
Freddie Mac 4.00% 2043 2,243,184 2,284,039
Freddie Mac 4.00% 2043 6,188,077 6,294,469
Freddie Mac 4.00% 2043 2,442,768 2,492,244
Freddie Mac 4.00% 2045 14,437,938 14,685,996
Freddie Mac 4.00% 2045 14,163,931 14,407,395
Freddie Mac 4.00% 2048 6,190,288 6,256,902
Freddie Mac 4.00% 2048 20,000,000 20,195,920
Freddie Mac 4.50% 2039 208,575 217,428
Freddie Mac 4.50% 2046 2,182,402 2,255,011
Freddie Mac 4.50% 2046 1,165,225 1,203,912
Freddie Mac 4.50% 2048 2,000,000 2,064,610
Freddie Mac 5.00% 2038 1,138,860 1,209,198
Freddie Mac 5.00% 2040 2,050,654 2,179,183
Freddie Mac 6.50% 2038 135,991 150,564
Freddie Mac Seasoned Credit Risk Transfer Trust, Series 2017-1, Class HA, 2.00% 2056 5,998,123 5,796,136
Freddie Mac Seasoned Credit Risk Transfer Trust, Series 2017-2, Class HA, 2.50% 2056 11,382,307 10,967,046
Freddie Mac Seasoned Credit Risk Transfer Trust, Series 2017-2, Class MA, 3.00% 2056 10,784,031 10,414,052
Freddie Mac Seasoned Credit Risk Transfer Trust, Series 2017-3, Class HA, 2.50% 2056 2,604,488 2,537,392
Freddie Mac Seasoned Credit Risk Transfer Trust, Series 2017-4, Class HT, 2.50% 2057 1,949,240 1,858,988
Freddie Mac Seasoned Credit Risk Transfer Trust, Series 2017-4, Class MT, 3.50% 2057 1,512,938 1,474,222
Freddie Mac Seasoned Credit Risk Transfer Trust, Series 2018-2, Class MT, 3.50% 2057 3,792,154 3,710,221
Freddie Mac, Series K019, Class A2, Multi Family, 2.272% 2022 4,000,000 3,896,152
Freddie Mac, Series K021, Class A2, Multi Family, 2.396% 2022 3,680,000 3,591,124
Freddie Mac, Series K034, Class A1, Multi Family, 2.669% 2023 1,579,593 1,565,516
Freddie Mac, Series K044, Class A2, Multi Family, 2.811% 2025 4,265,000 4,147,695
Freddie Mac, Series K047, Class A2, Multi Family, 3.329% 2025 4,000,000 3,998,736
Freddie Mac, Series K055, Class A2, Multi Family, 2.673% 2026 10,050,000 9,578,494
Freddie Mac, Series K057, Class A2, Multi Family, 2.57% 2026 4,855,000 4,577,522
Freddie Mac, Series K063, Class A2, Multi Family, 3.43% 2027 4,375,000 4,355,610
Freddie Mac, Series K066, Class A2, Multi Family, 3.117% 2027 4,755,000 4,615,664
Freddie Mac, Series K067, Class A2, Multi Family, 3.194% 2027 17,070,000 16,645,742
Freddie Mac, Series K069, Class A2, Multi Family, 3.187% 2027 2,280,000 2,217,371
Freddie Mac, Series K070, Class A2, Multi Family, 3.303% 2027 6,465,000 6,343,529
Freddie Mac, Series K072, Class A2, Multi Family, 3.444% 2027 1,980,000 1,960,800
Freddie Mac, Series K073, Class A2, Multi Family, 3.35% 2028 3,571,000 3,509,850
Freddie Mac, Series K075, Class A2, Multi Family, 3.65% 2028 5,900,000 5,950,834
Freddie Mac, Series K076, Class A2, Multi Family, 3.9% 2028 16,930,000 17,359,345
Freddie Mac, Series K077, Class A2, Multi Family, 3.90% 2028 3,840,000 3,919,580
Freddie Mac, Series K080, Class A2, Multi Family, 3.926% 2028 13,970,000 14,320,926
Freddie Mac, Series K723, Class A2, Multi Family, 2.454% 2023 3,025,000 2,920,749
Freddie Mac, Series K725, Class A2, Multi Family, 3.002% 2024 5,555,000 5,496,395
Freddie Mac, Series KS01, Class A1, Multi Family, 1.693% 2022 1,351,227 1,327,463
Freddie Mac, Series T-041, Class 3A, 5.539% 2032 300,732 315,821
Freeport-McMoRan Inc. 3.55% 2022 12,035,000 11,734,125
Frontier Communications Corp. 10.50% 2022 4,790,000 4,272,057
Frontier Communications Corp. 11.00% 2025 20,825,000 16,341,586
G.O. Bonds, Pension Funding Series 2003, 5.10% 2033 5,000,000 4,806,700
General Dynamics Corp. 3.375% 2023 3,106,000 3,106,860
General Dynamics Corp. 3.50% 2025 4,804,000 4,799,489
General Electric Co. 2.70% 2022 6,535,000 6,308,392
General Electric Co. 4.125% 2042 2,500,000 2,230,685
General Mills, Inc. (3-month USD-LIBOR + 0.54%) 2.879% 2021 1,795,000 1,804,016
General Mills, Inc. 3.20% 2021 425,000 422,486
General Mills, Inc. 3.70% 2023 395,000 392,967
General Motors Co. 5.40% 2048 2,600,000 2,431,946
General Motors Co. 6.75% 2046 250,000 271,126
General Motors Financial Co. 2.35% 2019 3,500,000 3,478,251
General Motors Financial Co. 3.45% 2022 3,625,000 3,570,382
General Motors Financial Co. 3.45% 2022 2,000,000 1,974,806
General Motors Financial Co. 3.50% 2024 6,600,000 6,223,965
General Motors Financial Co. 3.70% 2020 6,355,000 6,388,707
General Motors Financial Co. 4.30% 2025 1,250,000 1,218,289
General Motors Financial Co. 4.35% 2027 1,000,000 956,613
Genesis Energy, LP 6.50% 2025 2,725,000 2,673,906
Genesis Energy, LP 6.75% 2022 4,425,000 4,535,625
Georgia-Pacific Corp. 2.539% 2019 7,000,000 6,947,332
GlaxoSmithKline PLC 3.625% 2025 3,585,000 3,580,720
Global SC Finance II SRL, Series 2013-1A, Class A, 2.98% 2028 114,583 112,569
Global SC Finance II SRL, Series 2014-1A, Class A1, 3.19% 2029 259,583 253,172
Global SC Finance II SRL, Series 2017-1A, Class A, 3.85% 2037 1,729,112 1,712,129
Gogo Inc. 12.50% 2022 20,755,000 22,799,160
Goldman Sachs Group, Inc. 2.55% 2019 4,000,000 3,983,064
Goldman Sachs Group, Inc. 2.875% 2021 231,000 228,033
Goldman Sachs Group, Inc. 2.905% 2023 (3-month USD-LIBOR + 0.99% on 7/24/2022) 7,000,000 6,766,417
Goldman Sachs Group, Inc. 3.00% 2022 4,750,000 4,656,857
Goldman Sachs Group, Inc. 3.50% 2025 280,000 271,336
Goldman Sachs Group, Inc. 3.691% 2028 (3-month USD-LIBOR + 1.51% on 6/5/2027) 2,000,000 1,904,638
Goldman Sachs Group, Inc. 4.223% 2029 (3-month USD-LIBOR + 1.301% on 5/1/2028) 1,500,000 1,480,274
Goldman Sachs Group, Inc. 5.25% 2021 200,000 209,459
Government National Mortgage Assn. 3.50% 2048 47,750,000 47,442,236
Government National Mortgage Assn. 4.00% 2048 1,800,329 1,833,189
Government National Mortgage Assn. 4.00% 2048 97,250,000 98,775,269
Government National Mortgage Assn. 4.00% 2048 16,069,256 16,408,382
Government National Mortgage Assn. 4.50% 2048 16,000,000 16,525,008
Great Plains Energy Inc. 4.20% 2047 2,100,000 2,018,106
Groupe BPCE SA 2.75% 2023 2,250,000 2,152,143
Groupe BPCE SA 5.15% 2024 3,000,000 3,054,228
Groupe BPCE SA 5.70% 2023 4,460,000 4,655,089
H.I.G. Capital, LLC 6.75% 2024 2,366,000 2,372,436
HCA Inc. 5.875% 2023 2,125,000 2,244,531
HSBC Holdings PLC 3.262% 2023 (3-month USD-LIBOR + 1.055% on 3/13/2022) 3,000,000 2,940,261
HSBC Holdings PLC 3.322% 2024 1,500,000 1,498,485
HSBC Holdings PLC 3.95% 2024 (3-month USD-LIBOR + 0.987% on 5/18/2023) 1,250,000 1,242,300
HSBC Holdings PLC 4.25% 2024 3,000,000 2,984,760
HSBC Holdings PLC 4.30% 2026 200,000 199,209
HSBC Holdings PLC 4.583% 2029 (3-month USD-LIBOR + 1.535% on 6/19/2028) 5,250,000 5,262,002
HUB International Ltd., 7.00% 2026 740,000 742,819
Hanesbrands Inc. 4.625% 2024 660,000 644,738
Hanesbrands Inc. 4.875% 2026 2,700,000 2,595,375
Hardwoods Acquisition Inc 7.50% 2021 2,328,000 2,141,760
Healthsouth Corp. 5.75% 2024 6,850,000 6,969,259
Healthsouth Corp. 5.75% 2025 3,285,000 3,326,063
Hertz Global Holdings Inc. 7.625% 2022 7,725,000 7,647,750
Holcim Ltd. 5.15% 2023 7,395,000 7,682,887
Home Depot, Inc. 1.80% 2020 3,415,000 3,361,122
Home Depot, Inc. 4.25% 2046 3,500,000 3,578,421
Hospitality Properties Trust 3.95% 2028 3,825,000 3,468,181
Hospitality Properties Trust 4.50% 2023 2,295,000 2,306,257
Hospitality Properties Trust 4.50% 2025 325,000 316,797
Hospitality Properties Trust 4.95% 2027 1,000,000 981,051
Host Hotels & Resorts LP 4.50% 2026 705,000 703,045
Housing Dev. Agcy., Residential Fin. Program Bonds, Series 2013-2-A, AMT, 4.00% 2043 20,000 20,549
Housing Dev. Auth., Homeownership Mortgage Bonds, Series 2014-F, 4.00% 2034 15,000 15,157
Housing Fin. Agcy., Homeownership Fin. Bonds (GNMA and FNMA Pass-Through Program), Series 2013-A, 2.35% 2043 27,295 25,700
Housing Fin. Agcy., Residential Housing Fin. Bonds, Series 2013-A, AMT, 3.00% 2031 5,000 5,026
Housing Fin. Agcy., Residential Housing Fin. Bonds, Series 2014-A, 4.00% 2038 195,000 201,302
Housing Fin. Agcy., Single Family Housing Rev. Bonds, Series 167, 4.00% 2043 5,000 5,141
Housing Fin. Auth., Housing Mortgage Fin. Program Bonds, Series 2014-A-1, 4.00% 2044 50,000 51,404
Housing Fin. Auth., Housing Mortgage Fin. Program Bonds, Series 2014-C-1, 4.00% 2044 75,000 77,279
Housing Fin. Auth., Mortgage Rev. Ref. Bonds, Series 2014, AMT, 4.00% 2041 55,000 56,712
Huntsman International LLC 4.875% 2020 2,210,000 2,256,963
INTEL CORP 4(2) CP 10/26/2018 50,000,000 49,915,850
Icahn Enterprises Finance Corp. 6.25% 2022 5,000,000 5,137,500
Imperial Tobacco Finance PLC 3.50% 2023 4,000,000 3,921,808
Infor Software 7.125% 2021 2,925,000 2,971,069
Inmarsat PLC 4.875% 2022 7,775,000 7,775,000
Inmarsat PLC 6.50% 2024 2,550,000 2,594,625
Intelsat Jackson Holding Co. 6.625% 2024 1,400,000 1,461,834
Intelsat Jackson Holding Co. 7.50% 2021 18,335,000 18,655,863
Intelsat Jackson Holding Co. 8.00% 2024 3,075,000 3,243,233
International Paper Co. 7.30% 2039 2,005,000 2,551,421
Intesa Sanpaolo SpA 3.375% 2023 1,500,000 1,389,702
Intesa Sanpaolo SpA 3.875% 2028 1,500,000 1,272,764
Intesa Sanpaolo SpA 5.017% 2024 3,980,000 3,594,943
Investment Fin. Auth., Single Family Housing Rev. Bonds, Series 2013-A, 3.00% 2043 15,000 15,092
Investment Fin. Auth., Single Family Housing Rev. Bonds, Series 2013-C, 4.50% 2043 10,000 10,116
Iron Mountain Inc. 4.875% 2027 1,780,000 1,639,825
JOHN DEERE LTD 4(2) CP 10/12/2018 65,000,000 64,945,075
JPMorgan Chase & Co. 2.55% 2020 2,750,000 2,711,734
JPMorgan Chase & Co. 2.55% 2021 497,000 488,219
JPMorgan Chase & Co. 2.70% 2023 125,000 120,285
JPMorgan Chase & Co. 3.25% 2022 180,000 178,061
JPMorgan Chase & Co. 3.509% 2029 (3-month USD-LIBOR + 0.945% on 1/23/2028) 1,800,000 1,706,020
JPMorgan Chase & Co. 3.54% 2028 (3-month USD-LIBOR + 1.38% on 5/1/2027) 3,000,000 2,863,803
JPMorgan Chase & Co. 3.559% 2024 (3-month USD-LIBOR + 0.73% on 4/23/2023) 6,075,000 6,014,116
JPMorgan Chase & Co. 4.203% 2029 (3-month USD-LIBOR + 1.26% on 07/23/2028) 11,200,000 11,158,381
JPMorgan Chase & Co., Series Z, junior subordinated 5.30% (undated) (3-month USD-LIBOR + 3.80% on 5/1/2020) 3,200,000 3,280,000
Jaguar Holding Co. 6.375% 2023 1,600,000 1,616,000
Johnson & Johnson 2.25% 2022 3,750,000 3,662,280
Johnson & Johnson 2.45% 2026 1,285,000 1,202,019
Johnson & Johnson 3.625% 2037 1,000,000 962,919
Jonah Energy LLC 7.25% 2025 2,950,000 2,271,500
Keurig Dr. Pepper Inc. 3.551% 2021 4,315,000 4,309,874
Keurig Dr. Pepper Inc. 4.057% 2023 1,295,000 1,297,956
Keurig Dr. Pepper Inc. 4.597% 2028 1,691,000 1,701,861
Keurig Dr. Pepper Inc. 4.985% 2038 5,351,000 5,423,527
Keurig Dr. Pepper Inc. 5.085% 2048 1,779,000 1,820,698
KfW 2.125% 2022 375,000 363,990
Kinder Morgan Energy Partners, LP 3.50% 2021 40,000 40,132
Kinder Morgan Energy Partners, LP 5.40% 2044 1,380,000 1,419,516
Kinder Morgan Energy Partners, LP 5.50% 2044 3,578,000 3,728,491
Kinder Morgan, Inc. 3.05% 2019 2,520,000 2,516,752
Kinder Morgan, Inc. 4.30% 2028 5,750,000 5,707,577
Kinder Morgan, Inc. 5.05% 2046 1,500,000 1,501,662
Kinder Morgan, Inc. 5.20% 2048 3,362,000 3,436,610
Kinetic Concepts, Inc. 12.50% 2021 2,430,000 2,685,879
Kronos Inc., Term Loan B, (3-month USD-LIBOR + 8.25%) 10.593% 2024 3,000,000 3,078,282
LB-UBS Commercial Mortgage Trust, Series 2007-C6, Class AM, 6.114% 2040 262,145 262,089
LSB Industries, Inc. 9.625% 2023 2,410,000 2,533,513
LSC Communications, Inc. 8.75% 2023 3,475,000 3,524,276
Liberty Global PLC 5.50% 2028 2,725,000 2,592,429
Ligado Networks, Term Loan, (3-month USD-LIBOR + 8.75%) 11.067% 2020 13,776,229 10,682,322
Limited Brands, Inc. 5.25% 2028 1,160,000 999,398
Limited Brands, Inc. 6.875% 2035 885,000 752,250
Lloyds Banking Group PLC 2.907% 2023 (3-month USD-LIBOR + 0.81% on 11/7/2022) 1,525,000 1,456,015
Lloyds Banking Group PLC 3.00% 2022 4,000,000 3,896,916
Lloyds Banking Group PLC 4.375% 2028 2,150,000 2,100,064
Lloyds Banking Group PLC 4.45% 2025 1,600,000 1,603,555
Lloyds Banking Group PLC 4.582% 2025 1,500,000 1,474,337
Lockheed Martin Corp. 2.50% 2020 6,015,000 5,934,020
Lockheed Martin Corp. 3.10% 2023 545,000 539,630
Lockheed Martin Corp. 3.55% 2026 3,490,000 3,449,586
Lowe's Companies, Inc. 2.50% 2026 2,720,000 2,502,123
MASTR Alternative Loan Trust, Series 2004-2, Class 2A1, 6.00% 2034 814,958 868,327
MGM Resorts International 7.75% 2022 1,700,000 1,867,926
MPLX LP 4.125% 2027 1,000,000 975,278
MPLX LP 4.50% 2038 3,000,000 2,832,969
Mallinckrodt PLC 4.875% 2020 8,685,000 8,641,575
Manitoba (Province of) 3.05% 2024 2,600,000 2,551,848
Marathon Oil Corp. 4.40% 2027 2,030,000 2,032,509
McAfee, LLC, Term Loan, (3-month USD-LIBOR + 4.50%) 6.742% 2024 2,987,741 3,016,372
McDonald's Corp. 2.625% 2022 1,105,000 1,075,754
McDonald's Corp. 2.75% 2020 1,750,000 1,740,590
McDonald's Corp. 3.35% 2023 820,000 813,698
McDonald's Corp. 3.50% 2027 830,000 807,085
McDonald's Corp. 4.875% 2045 1,600,000 1,677,077
Medtronic, Inc. 3.50% 2025 3,000,000 2,978,541
Medtronic, Inc. 4.375% 2035 4,537,000 4,694,620
Medtronic, Inc. 4.625% 2045 3,260,000 3,455,049
Meredith Corp. 6.875% 2026 1,675,000 1,721,063
Meritage Homes Corp. 5.125% 2027 2,675,000 2,474,375
Metropolitan Life Global Funding I 1.55% 2019 3,500,000 3,457,045
Metropolitan Life Global Funding I 1.95% 2021 2,500,000 2,395,698
Metropolitan Life Global Funding I 2.50% 2020 8,000,000 7,878,128
Microsoft Corp. 4.10% 2037 1,000,000 1,031,768
Microsoft Corp. 4.20% 2035 6,000,000 6,263,262
MidAmerican Energy Holdings Co. 2.40% 2019 1,500,000 1,498,958
MidAmerican Energy Holdings Co. 3.10% 2027 2,000,000 1,906,464
Molina Healthcare, Inc. 4.875% 2025 5,242,000 5,176,475
Molina Healthcare, Inc. 5.375% 2022 10,360,000 10,580,150
Molson Coors Brewing Co. 1.45% 2019 425,000 420,102
Molson Coors Brewing Co. 1.90% 2019 2,015,000 2,007,270
Molson Coors Brewing Co. 2.10% 2021 165,000 158,753
Molson Coors Brewing Co. 2.25% 2020 1,725,000 1,700,357
Molson Coors Brewing Co. 3.00% 2026 460,000 417,847
Molson Coors Brewing Co. 4.20% 2046 2,250,000 2,000,401
Morgan Stanley 2.50% 2021 3,000,000 2,931,945
Morgan Stanley 3.625% 2027 2,775,000 2,665,918
Morgan Stanley 3.737% 2024 (3-month USD-LIBOR + 0.847% on 4/24/2023) 4,500,000 4,472,762
Morgan Stanley 3.875% 2026 2,650,000 2,606,021
Morgan Stanley Bank of America Merrill Lynch Trust, Series 2015-C22, Class ASB, 3.04% 2048 1,180,000 1,161,579
Morgan Stanley Bank of America Merrill Lynch Trust, Series 2015-C27, Class ASB, 3.557% 2047 1,000,000 1,003,763
Morgan Stanley Capital I Trust, Series 2014-CPT, Class A, 3.35% 2029 2,650,000 2,650,562
Mosaic Co. 3.25% 2022 2,250,000 2,199,058
Mosaic Co. 4.05% 2027 2,125,000 2,058,694
NBC Universal Enterprise, Inc. 1.974% 2019 100,000 99,559
NGL Energy Partners LP 6.125% 2025 7,435,000 7,007,488
NGL Energy Partners LP 6.875% 2021 7,990,000 8,148,562
NRG Energy, Inc. 6.25% 2022 2,336,000 2,415,891
National Australia Bank Ltd. 1.375% 2019 975,000 965,326
National Australia Bank Ltd. 1.875% 2021 975,000 934,759
National Rural Utilities Cooperative Finance Corp. 3.05% 2027 6,000,000 5,672,526
Nationstar HECM Loan Trust, Series 2017-1A, Class A, 1.9679 % 2027 171,693 171,365
Nationstar HECM Loan Trust, Series 2017-1A, Class M1, 2.9419% 2027 420,000 416,921
Nationstar HECM Loan Trust, Series 2018-1A, Class A, 2.76% 2028 587,265 587,923
Navient Corp. 4.875% 2019 7,800,000 7,864,350
Navient Corp. 5.5% 2023 6,390,000 6,397,988
Navient Corp. 6.125% 2024 3,225,000 3,233,063
Navient Corp. 6.50% 2022 3,675,000 3,822,000
Nestle Holdings, Inc. 3.50% 2025 4,500,000 4,472,424
New York Life Global Funding 1.50% 2019 1,525,000 1,503,937
New York Life Global Funding 1.70% 2021 1,500,000 1,431,458
New York Life Global Funding 2.35% 2026 1,190,000 1,079,365
Newell Rubbermaid Inc. 2.60% 2019 188,000 187,751
Newell Rubbermaid Inc. 3.15% 2021 2,050,000 2,018,262
NiSource Finance Corp. 2.65% 2022 675,000 644,678
Noble Corp. PLC 7.95% 2025 3,175,000 3,111,500
Noble Corp. PLC 8.95% 2045 3,525,000 3,432,469
Noble Energy, Inc. 4.95% 2047 2,000,000 1,919,508
Nordea Bank AB 2.50% 2020 4,450,000 4,382,649
Northern States Power Co. 4.125% 2044 6,000,000 5,971,500
Northrop Grumman Corp. 3.25% 2028 4,495,000 4,235,135
Northrop Grumman Corp., 2.93% 2025 3,645,000 3,464,952
Nova Chemicals Corp. 5.25% 2027 4,275,000 3,991,781
Novelis Corp. 5.875% 2026 2,600,000 2,544,750
Orange SA 5.50% 2044 3,000,000 3,351,762
Owens & Minor, Inc. 3.875% 2021 4,985,000 4,701,478
Owens & Minor, Inc., Term Loan B, (3-month USD-LIBOR + 4.50%) 0% 2025 1,910,000 1,817,684
PNC Bank 1.45% 2019 3,340,000 3,304,776
PNC Bank 2.30% 2020 250,000 246,634
PNC Bank 2.55% 2021 8,000,000 7,797,952
PNC Financial Services Group, Inc. 2.854% 2022 1,445,000 1,402,695
PNC Financial Services Group, Inc. 3.90% 2024 2,000,000 1,991,888
PacifiCorp., First Mortgage Bonds, 3.60% 2024 6,695,000 6,674,386
PacifiCorp., First Mortgage Bonds, 4.125% 2049 7,000,000 6,879,978
Pacific Gas and Electric Co. 3.30% 2027 2,740,000 2,524,017
Pacific Gas and Electric Co. 3.30% 2027 1,009,000 923,712
Pacific Gas and Electric Co. 3.40% 2024 1,203,000 1,151,063
Pacific Gas and Electric Co. 3.85% 2023 6,840,000 6,791,313
Pacific Gas and Electric Co.4.65% 2028 2,620,000 2,637,295
Peabody Energy Corp. 6.00% 2022 1,000,000 1,020,000
Peabody Energy Corp. 6.375% 2025 600,000 612,000
Petróleos Mexicanos 5.35% 2028 1,820,000 1,719,900
Petróleos Mexicanos 6.35% 2048 1,230,000 1,132,830
Petróleos Mexicanos 6.75% 2047 3,497,000 3,345,545
Petsmart Inc., Term Loan B-2, (3-month USD-LIBOR + 3.00%) 5.334% 2022 6,009,472 5,290,841
Petsmart, Inc. 5.875% 2025 17,985,000 14,832,050
Petsmart, Inc. 8.875% 2025 8,790,000 6,370,992
Philip Morris International Inc. 1.875% 2021 2,000,000 1,937,844
Philip Morris International Inc. 2.00% 2020 2,000,000 1,973,216
Philip Morris International Inc. 2.375% 2022 1,960,000 1,882,611
Philip Morris International Inc. 2.625% 2022 2,395,000 2,331,616
Philip Morris International Inc. 3.25% 2024 5,000,000 4,887,255
Philip Morris International Inc. 4.25% 2044 2,050,000 1,937,053
Phillips 66 3.90% 2028 1,645,000 1,624,834
Phillips 66 Partners LP 3.55% 2026 335,000 316,366
Phillips 66 Partners LP 3.75% 2028 1,055,000 1,005,919
Phillips 66 Partners LP 4.68% 2045 800,000 759,761
Phillips 66 Partners LP 4.90% 2046 550,000 541,075
Pioneer Natural Resources Co. 3.45% 2021 3,345,000 3,345,743
Pisces Parent, LLC 8.00% 2026 4,295,000 4,337,950
Platform Specialty Products Corp. 5.875% 2025 1,675,000 1,661,215
Procter & Gamble Co. 1.70% 2021 825,000 793,393
Prudential Financial, Inc. 3.50% 2024 4,000,000 4,003,368
Public Service Co. of Colorado 2.25% 2022 2,000,000 1,912,144
Public Service Enterprise Group Inc. 2.25% 2026 385,000 345,563
Public Service Enterprise Group Inc. 2.65% 2022 1,900,000 1,825,383
Public Storage 2.37% 2022 1,115,000 1,071,538
Puget Energy, Inc. 3.65% 2025 3,135,000 3,027,554
Puget Energy, Inc. 5.625% 2022 1,965,000 2,080,357
Puget Energy, Inc. 6.00% 2021 1,823,000 1,939,114
Puget Energy, Inc. 6.50% 2020 1,245,000 1,319,741
QGOG Constellation SA 9.50% 2024 853,332 415,999
Qatar (State of) 3.875% 2023 1,490,000 1,503,195
Quebec (Province of) 2.375% 2022 6,232,000 6,069,158
Quebec (Province of) 2.75% 2027 9,000,000 8,559,540
R.R. Donnelley & Sons Co. 6.50% 2023 3,310,000 3,326,550
R.R. Donnelley & Sons Co. 7.875% 2021 4,625,000 4,931,406
Rabobank Nederland 1.375% 2019 4,140,000 4,089,136
Rabobank Nederland 2.75% 2022 2,825,000 2,750,013
Rabobank Nederland 4.375% 2025 5,500,000 5,452,084
Rayonier Advanced Materials Inc. 5.50% 2024 3,304,000 3,197,710
Reckitt Benckiser Group PLC 2.375% 2022 2,275,000 2,184,726
Reynolds American Inc. 3.25% 2020 1,035,000 1,033,274
Reynolds American Inc. 4.00% 2022 1,035,000 1,042,094
Reynolds American Inc. 4.45% 2025 5,705,000 5,752,654
Reynolds American Inc. 5.70% 2035 755,000 807,673
Reynolds American Inc. 5.85% 2045 2,030,000 2,212,335
Roche Holdings, Inc. 1.75% 2022 2,340,000 2,224,795
Roche Holdings, Inc. 2.875% 2021 8,625,000 8,546,771
Roche Holdings, Inc. 3.00% 2025 6,000,000 5,768,526
Roche Holdings, Inc. 3.35% 2024 1,200,000 1,189,480
Rockwell Collins, Inc. 1.95% 2019 1,125,000 1,117,652
Rockwell Collins, Inc. 2.80% 2022 3,025,000 2,945,815
Roper Technologies, Inc. 2.80% 2021 2,065,000 2,019,376
Roper Technologies, Inc. 3.80% 2026 835,000 812,867
Rotech Healthcare Inc., Term Loan B, (3-month USD-LIBOR + 3.75%) 6.087% 2023 3,701,719 3,701,719
Rotech Healthcare Inc., Term Loan, (3-month USD-LIBOR + 11.00%) 13.337% 2020 7,571,816 6,919,913
Royal Bank of Canada 1.875% 2020 7,000,000 6,893,362
Ryerson Inc. 11.00% 2022 6,190,000 6,771,179
Sabine Pass Liquefaction, LLC 4.20% 2028 1,745,000 1,695,126
Sabine Pass Liquefaction, LLC 5.875% 2026 1,235,000 1,335,260
Sally Holdings LLC and Sally Capital Inc. 5.50% 2023 340,000 332,775
Sally Holdings LLC and Sally Capital Inc. 5.625% 2025 5,400,000 5,170,500
Santander Drive Auto Receivables Trust, Series 2015-3, Class C, 2.74% 2021 2,507,699 2,508,426
Santander Drive Auto Receivables Trust, Series 2015-4, Class C, 2.97% 2021 201,526 201,724
Santander Drive Auto Receivables Trust, Series 2016-1, Class B, 2.47% 2020 15,567 15,567
Santander Drive Auto Receivables Trust, Series 2017-1, Class A3, 1.77% 2020 572,134 571,673
Santander Drive Auto Receivables Trust, Series 2017-1, Class B, 2.10% 2021 740,000 738,009
Santander Drive Auto Receivables Trust, Series 2017-1, Class C, 2.58% 2022 740,000 735,305
Saudi Arabia (Kingdom of) 3.625% 2028 2,060,000 1,968,037
Scentre Group 3.25% 2025 2,000,000 1,879,344
Scentre Group 3.50% 2025 4,075,000 3,918,822
Scentre Group 3.75% 2027 2,930,000 2,813,023
Schlumberger BV 3.625% 2022 2,800,000 2,787,630
Schlumberger BV 4.00% 2025 4,056,000 4,060,015
Sequoia Mortgage Trust, Series 2018-CH1, Class A1, 4.00% 2048 4,672,985 4,695,317
Shell International Finance BV 1.875% 2021 2,000,000 1,936,296
Shell International Finance BV 2.25% 2020 1,965,000 1,935,694
Sherwin-Williams Co. 2.25% 2020 2,250,000 2,217,825
Sherwin-Williams Co. 2.75% 2022 1,185,000 1,150,065
Sherwin-Williams Co. 3.125% 2024 550,000 528,851
Sherwin-Williams Co. 3.45% 2027 1,395,000 1,329,205
Shire PLC 1.90% 2019 2,130,000 2,107,778
Shire PLC 2.40% 2021 5,688,000 5,499,357
Shire PLC 2.875% 2023 4,765,000 4,549,222
Shire PLC 3.20% 2026 1,500,000 1,386,707
Siemens AG 2.70% 2022 3,360,000 3,279,471
Sierra Pacific Power Co., General and Refunding Mortgage Notes, Series T, 3.375% 2023 3,500,000 3,480,719
Sirius XM Radio Inc. 3.875% 2022 3,450,000 3,413,120
Skandinaviska Enskilda Banken AB 1.875% 2021 3,350,000 3,200,165
Skandinaviska Enskilda Banken AB 2.375% 2019 2,400,000 2,394,694
Skandinaviska Enskilda Banken AB 2.625% 2021 250,000 245,191
Skandinaviska Enskilda Banken AB 2.80% 2022 1,400,000 1,367,524
South Carolina Electric & Gas Co. 4.10% 2046 2,595,000 2,398,444
Staples Inc. 8.50% 2025 1,915,000 1,807,281
Starbucks Corp. 3.10% 2023 2,688,000 2,649,900
Starbucks Corp. 4.50% 2048 1,745,000 1,720,521
Starwood Property Trust, Inc. 5.00% 2021 2,700,000 2,727,000
Statoil ASA 2.75% 2021 1,925,000 1,899,734
Statoil ASA 3.25% 2024 2,850,000 2,802,126
Statoil ASA 4.25% 2041 2,000,000 2,025,056
Sunoco LP 4.875% 2023 990,000 982,575
Svenska Handelsbanken AB 1.95% 2020 1,714,000 1,669,974
Symphony Ltd., Series 2013-12A, CLO, Class AR, (3-month USD-LIBOR + 1.03%) 3.369% 2025 8,569,742 8,569,999
Synchrony Credfit Card Master Note Trust, Series 2018-A1, Class A1, 3.38% 2024 8,930,000 8,932,679
TAL Advantage V LLC, Series 2013-2A, Class A, 3.55% 2038 1,353,667 1,338,732
TAL Advantage V LLC, Series 2014-1A, Class A, 3.51% 2039 1,245,833 1,230,573
Talen Energy Corp. 10.50% 2026 675,000 613,406
Talen Energy Corp. 9.50% 2022 2,795,000 2,795,000
Tampa Electric Co. 4.35% 2044 3,805,000 3,710,731
Targa Resources Partners LP 4.125% 2019 6,255,000 6,262,819
Targa Resources Partners LP 6.75% 2024 2,065,000 2,183,738
Team Health Holdings, Inc. 6.375% 2025 4,660,000 4,054,200
Teekay Corp. 8.50% 2020 17,280,000 17,671,738
Teekay Offshore Partners L.P. 8.50% 2023 3,400,000 3,502,000
Tenet Healthcare Corp. 4.375% 2021 3,650,000 3,652,446
Tenet Healthcare Corp. 4.50% 2021 4,075,000 4,075,000
Tenet Healthcare Corp. 4.625% 2024 3,153,000 3,072,599
Tenet Healthcare Corp. 4.75% 2020 3,290,000 3,343,463
Tenet Healthcare Corp., 6.00% 2020 10,905,000 11,273,044
Teva Pharmaceutical Finance Company BV 2.20% 2021 7,965,000 7,489,155
Teva Pharmaceutical Finance Company BV 2.80% 2023 6,896,000 6,146,060
Teva Pharmaceutical Finance Company BV 3.15% 2026 27,048,000 22,546,618
Teva Pharmaceutical Finance Company BV 4.10% 2046 3,550,000 2,593,300
Teva Pharmaceutical Finance Company BV 6.00% 2024 1,780,000 1,809,169
Thermo Fisher Scientific Inc. 4.15% 2024 2,000,000 2,039,056
Time Warner Inc. 3.80% 2027 605,000 579,398
Towd Point Mortgage Trust, Series 2017-1, Class A1, 2.75% 2056 4,473,379 4,397,577
Toyota Motor Credit Corp. 3.05% 2028 2,430,000 2,297,120
TransCanada PipeLines Ltd. 4.25% 2028 2,190,000 2,202,176
TransCanada PipeLines Ltd. 4.75% 2038 8,000,000 8,160,112
TransCanada PipeLines Ltd. 4.875% 2048 3,000,000 3,085,392
Transocean Inc. 9.00% 2023 3,454,000 3,764,860
Travelers Companies, Inc. 4.00% 2047 1,735,000 1,664,712
Trilogy International Partners, LLC 8.875% 2022 7,250,000 7,358,750
Triton Container Finance LLC, Series 2017-1A, Class A, 3.52% 2042 2,142,305 2,088,353
Triton Container Finance LLC, Series 2017-2A, Class A, 3.62% 2042 1,844,520 1,805,855
U S TREASURY BILL 1/17/2019 20,000,000 19,868,900
U S TREASURY BILL 10/11/2018 152,100,000 152,013,607
U S TREASURY BILL 10/18/2018 81,000,000 80,920,823
U S TREASURY BILL 10/25/2018 57,250,000 57,170,611
U S TREASURY BILL 10/4/2018 152,500,000 152,474,136
U S TREASURY BILL 11/1/2018 45,000,000 44,920,179
U S TREASURY BILL 11/8/2018 50,750,000 50,638,842
U S TREASURY BILL 12/6/2018 100,000,000 99,610,420
U S TREASURY BILL 2/14/2019 70,400,000 69,797,608
U S TREASURY BILL 2/28/2019 50,000,000 49,524,995
U.S. Treasury 1.125% 2019 35,000,000 34,826,400
U.S. Treasury 1.125% 2021 42,000,000 39,952,500
U.S. Treasury 1.25% 2020 78,000,000 76,387,740
U.S. Treasury 1.25% 2020 298,117,000 292,384,210
U.S. Treasury 1.375% 2020 61,500,000 60,258,315
U.S. Treasury 1.375% 2020 35,000,000 34,360,550
U.S. Treasury 1.375% 2021 49,410,000 47,773,541
U.S. Treasury 1.375% 2023 5,000,000 4,642,000
U.S. Treasury 1.375% 2023 8,000,000 7,417,840
U.S. Treasury 1.50% 2019 400,000,000 398,916,000
U.S. Treasury 1.50% 2019 39,825,000 39,282,185
U.S. Treasury 1.50% 2020 500,000 489,590
U.S. Treasury 1.50% 2026 500,000 446,495
U.S. Treasury 1.625% 2020 125,000,000 122,375,000
U.S. Treasury 1.625% 2020 10,000,000 9,841,500
U.S. Treasury 1.625% 2023 5,000,000 4,714,850
U.S. Treasury 1.625% 2026 7,000,000 6,353,900
U.S. Treasury 1.625% 2026 1,500,000 1,357,200
U.S. Treasury 1.75% 2019 21,800,000 21,608,378
U.S. Treasury 1.75% 2021 9,500,000 9,173,105
U.S. Treasury 1.875% 2022 100,000,000 96,681,000
U.S. Treasury 1.875% 2022 8,000,000 7,683,440
U.S. Treasury 1.875% 2022 5,000,000 4,811,500
U.S. Treasury 2.00% 2022 25,000,000 24,090,750
U.S. Treasury 2.00% 2024 12,000,000 11,403,240
U.S. Treasury 2.00% 2024 7,500,000 7,114,425
U.S. Treasury 2.00% 2025 44,800,000 41,991,040
U.S. Treasury 2.00% 2026 8,000,000 7,402,240
U.S. Treasury 2.125% 2022 47,000,000 45,478,140
U.S. Treasury 2.125% 2024 52,500,000 50,301,300
U.S. Treasury 2.125% 2024 10,250,000 9,768,353
U.S. Treasury 2.125% 2024 5,000,000 4,771,850
U.S. Treasury 2.125% 2024 10,000,000 9,574,600
U.S. Treasury 2.25% 2021 9,730,000 9,564,687
U.S. Treasury 2.25% 2023 5,000,000 4,828,700
U.S. Treasury 2.25% 2024 5,000,000 4,824,800
U.S. Treasury 2.25% 2027 126,075,000 118,690,787
U.S. Treasury 2.375% 2023 5,000,000 4,885,950
U.S. Treasury 2.375% 2024 70,000,000 67,706,100
U.S. Treasury 2.375% 2027 880,000 835,718
U.S. Treasury 2.50% 2020 15,000,000 14,924,850
U.S. Treasury 2.50% 2023 29,000,000 28,464,080
U.S. Treasury 2.50% 2024 700,000 682,857
U.S. Treasury 2.50% 2025 10,000,000 9,714,500
U.S. Treasury 2.50% 2046 5,000,000 4,360,250
U.S. Treasury 2.625% 2025 4,966,000 4,855,407
U.S. Treasury 2.75% 2023 31,326,000 31,070,380
U.S. Treasury 2.75% 2023 19,000,000 18,833,750
U.S. Treasury 2.75% 2023 75,000,000 74,349,750
U.S. Treasury 2.75% 2025 3,229,200 3,178,114
U.S. Treasury 2.750% 2021 19,232,000 19,161,419
U.S. Treasury 2.875% 2023 3,400,000 3,388,848
U.S. Treasury 2.875% 2028 5,217,100 5,139,209
U.S. Treasury 2.875% 2028 4,327,900 4,262,982
U.S. Treasury 2.875% 2046 147,158,000 138,300,560
U.S. Treasury 3.00% 2025 59,900,000 59,843,694
U.S. Treasury 3.00% 2047 70,000,000 67,414,900
U.S. Treasury 3.00% 2047 28,460,000 27,391,042
U.S. Treasury 3.00% 2048 451,200 434,005
U.S. Treasury 3.125% 2048 23,973,900 23,641,622
U.S. Treasury 4.75% 2041 15,000,000 18,763,050
U.S. Treasury Inflation-Protected Security 0.125% 2021 39,767,046 38,966,237
U.S. Treasury Inflation-Protected Security 0.125% 2024 689,858 663,312
U.S. Treasury Inflation-Protected Security 0.125% 2026 21,026,600 19,843,660
U.S. Treasury Inflation-Protected Security 0.25% 2025 1,697,032 1,629,761
U.S. Treasury Inflation-Protected Security 0.375% 2025 16,311,985 15,804,268
U.S. Treasury Inflation-Protected Security 0.375% 2027 18,517,688 17,695,667
U.S. Treasury Inflation-Protected Security 0.375% 2027 5,151,000 4,926,040
U.S. Treasury Inflation-Protected Security 0.50% 2028 61,299,000 58,885,140
U.S. Treasury Inflation-Protected Security 0.625% 2023 76,091,250 75,150,675
U.S. Treasury Inflation-Protected Security 0.625% 2024 220,533,368 217,714,729
U.S. Treasury Inflation-Protected Security 0.625% 2026 23,624,420 23,134,503
U.S. Treasury Inflation-Protected Security 0.75% 2042 19,170,934 18,019,375
U.S. Treasury Inflation-Protected Security 0.875% 2047 15,659,550 14,999,235
U.S. Treasury Inflation-Protected Security 1.00% 2046 5,317,850 5,255,770
U.S. Treasury Inflation-Protected Security 1.375% 2044 138,703,649 148,843,908
U.S. Treasury Inflation-Protected Security 2.375% 2025 200,538 218,583
UBS Group AG 4.125% 2025 2,750,000 2,733,998
UDR, Inc. 2.95% 2026 1,510,000 1,384,759
UNITED PARCEL SERVICE INC 4(2) CP 10/1/2018 14,800,000 14,797,410
US Bancorp 2.375% 2026 4,000,000 3,625,008
US Bancorp 2.625% 2022 1,805,000 1,764,730
US Bancorp 3.40% 2023 5,675,000 5,653,855
US Bancorp 3.70% 2024 7,000,000 7,045,759
Ultra Petroleum Corp. 6.875% 2022 4,860,000 2,332,800
Ultra Petroleum Corp. 7.125% 2025 1,775,000 727,750
UniCredit SPA 3.75% 2022 8,350,000 7,988,854
UniCredit SPA 4.625% 2027 1,250,000 1,148,266
UniCredit SPA 5.861% 2032 4,800,000 4,299,730
Union Pacific Corp. 3.75% 2025 5,030,000 5,035,669
Union Pacific Corp. 3.95% 2018 3,750,000 3,765,278
Unisys Corp. 10.75% 2022 3,125,000 3,527,344
United Technologies Corp. 3.125% 2027 7,000,000 6,547,814
United Technologies Corp. 3.35% 2021 1,918,000 1,916,542
United Technologies Corp. 3.65% 2023 3,069,000 3,057,120
United Technologies Corp. 3.95% 2025 5,306,000 5,280,192
United Technologies Corp. 4.125% 2028 1,355,000 1,348,645
United Technologies Corp. 4.45% 2038 545,000 542,306
United Technologies Corp. 4.625% 2048 370,000 371,512
Vale SA 6.25% 2026 717,000 787,553
Valeant Pharmaceuticals International, Inc. 6.125% 2025 22,200,000 21,168,810
Valeant Pharmaceuticals International, Inc. 9.00% 2025 800,000 864,032
Valeant Pharmaceuticals International, Inc. 9.25% 2026 4,060,000 4,389,875
Venator Materials Corp. 5.75% 2025 2,425,000 2,212,813
Veritas Holdings Limited 7.50% 2023 1,275,000 1,241,850
Verizon Communications Inc. 4.125% 2046 2,228,000 2,001,695
Verizon Communications Inc. 4.40% 2034 1,959,000 1,913,616
Verizon Communications Inc. 4.50% 2033 2,000,000 1,988,994
Verizon Owner Trust, Series 2016-2A, Class A, 1.68% 2021 5,925,000 5,884,070
Verizon Owner Trust, Series 2017-1A, Class A, 2.06% 2021 8,215,000 8,142,182
Verizon Owner Trust, Series 2017-2A, Class A, 1.92% 2021 7,900,000 7,799,046
Vine Oil & Gas LP 8.75% 2023 2,500,000 2,450,000
Virgin Australia Holdings Ltd. 8.50% 2019 2,500,000 2,546,875
Virginia Electric and Power Co. 2.95% 2026 1,700,000 1,597,959
Virginia Electric and Power Co. 3.50% 2027 4,300,000 4,209,068
Visa Inc. 2.80% 2022 2,000,000 1,961,922
Visa Inc. 3.15% 2025 10,000,000 9,701,460
Vodafone Group PLC 3.75% 2024 6,750,000 6,680,624
Vodafone Group PLC 4.125% 2025 11,500,000 11,422,893
Vodafone Group PLC 4.375% 2028 2,250,000 2,219,875
Vodafone Group PLC 5.00% 2038 1,500,000 1,483,076
Vodafone Group PLC 5.25% 2048 1,500,000 1,509,351
WALMART INC 4(2) CP 10/12/2018 16,500,000 16,485,942
WALMART INC 4(2) CP 10/15/2018 50,000,000 49,948,200
WALMART INC 4(2) CP 10/2/2018 15,000,000 14,996,430
WEA Finance LLC 2.70% 2019 200,000 199,527
WEA Finance LLC 3.25% 2020 4,105,000 4,092,903
Wal-Mart Stores, Inc. 3.40% 2023 6,580,000 6,606,241
Wal-Mart Stores, Inc. 3.70% 2028 3,738,000 3,744,964
Warrior Met Coal, Inc. 8.00% 2024 1,975,000 2,029,313
Weatherford International PLC 4.50% 2022 5,370,000 4,725,600
Weatherford International PLC 6.50% 2036 7,595,000 5,753,213
Weatherford International PLC 6.75% 2040 7,825,000 6,025,250
Weatherford International PLC 8.25% 2023 5,800,000 5,510,000
Weatherford International PLC 9.875% 2024 1,000,000 982,500
Weatherford International PLC 9.875% 2025 2,550,000 2,473,500
Wells Fargo & Co. 2.50% 2021 7,500,000 7,346,663
Wells Fargo & Co. 3.00% 2026 4,500,000 4,189,631
Wells Fargo & Co. 3.069% 2023 3,750,000 3,661,264
Wells Fargo & Co. 3.55% 2023 8,000,000 7,965,672
Wells Fargo & Co. 3.584% 2028 (3-month USD-LIBOR + 1.31% on 5/15/2027) 2,184,000 2,096,046
Welltower Inc. 3.95% 2023 2,675,000 2,676,779
Western Gas Partners LP 4.65% 2026 925,000 907,723
Westfield Corp. Ltd. 3.15% 2022 5,615,000 5,507,759
Westlake Automobile Receivables Trust, Series 2017-1A, Class A2, 1.78% 2020 96,588 96,537
Westlake Chemical Corp. 4.375% 2047 2,915,000 2,595,446
Westpac Banking Corp. 2.15% 2020 12,000,000 11,848,764
Westpac Banking Corp. 2.75% 2023 3,500,000 3,378,074
Wheels SPV 2 LLC, Series 2016-1A, Class A2, 1.59% 2025 220,321 219,650
Williams Partners LP 3.60% 2022 1,500,000 1,492,146
Williams Partners LP 4.30% 2024 160,000 161,566
Wind Tre SpA 5.00% 2026 6,500,000 5,685,258
World Financial Network Credit Card Master Note Trust, Series 2012-A, Class A, 3.14% 2023 14,170,000 14,199,544
World Financial Network Credit Card Master Note Trust, Series 2018-A, Class A, 3.07% 2024 7,000,000 6,959,183
World Financial Network Credit Card Master Note Trust, Series 2018-B, Class A, 0.0% 2025 8,275,000 8,272,683
Wynn Las Vegas, LLC and Wynn Capital Corp. 4.25% 2023 4,018,000 3,857,280
Wynn Las Vegas, LLC and Wynn Capital Corp. 5.25% 2027 1,400,000 1,302,000
Wynn Las Vegas, LLC and Wynn Capital Corp. 5.50% 2025 4,425,000 4,286,719
Ziggo Bond Finance BV 5.50% 2027 9,325,000 8,772,494
Zimmer Holdings, Inc. 3.15% 2022 6,070,000 5,949,511

For financial professionals only. Not for use with the public. Investors should carefully consider investment objectives, risks, charges and expenses. This and other important information is contained in the fund prospectuses and summary prospectuses for the American Funds and the American Funds Insurance Series® , which can be obtained from a financial professional and should be read carefully before investing.

*Excludes certain securities in initial period of acquisition.