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

Portfolio Holdings

American Funds Insurance Series - Asset Allocation Fund

As of March 31, 2018 (updated quarterly, upon availability)

Equity Securities* Shares or Principal Amount Market Value Percent of Net Assets
ASML Holding NV (New York registered) 2,202,100 437,248,976 1.72
AT&T Inc. 2,000,000 71,300,000 0.28
AbbVie Inc. 368,500 34,878,525 0.14
Aetna Inc. 1,400,000 236,600,000 0.93
Alphabet Inc., Class A 83,000 86,082,620 0.34
Alphabet Inc., Class C 108,985 112,449,633 0.44
Altria Group, Inc. 1,400,000 87,248,000 0.34
Amazon.com, Inc. 110,225 159,533,052 0.63
American Tower Corp. REIT 550,000 79,937,000 0.31
Amphenol Corp., Class A 1,300,000 111,969,000 0.44
Arch Capital Group Ltd. 2,832,000 242,390,880 0.95
Associated British Foods PLC 4,600,000 160,815,925 0.63
Associated Materials, LLC, 14.00% convertible preferred 2020 5,000 6,006,686 0.02
Associated Materials, LLC, warrants, expire 2023 71,030 0 0.00
AstraZeneca PLC (ADR) 2,001,300 69,985,461 0.27
Atrium Corp. 535 25,145 0.00
BNP Paribas SA 1,500,000 111,218,180 0.44
Bank of America Corp. 6,000,000 179,940,000 0.71
Berkshire Hathaway Inc., Class A 84 25,124,400 0.10
Blackstone Group LP 1,510,000 48,244,500 0.19
Boeing Co. 939,000 307,879,320 1.21
Bristol-Myers Squibb Co. 978,000 61,858,500 0.24
British American Tobacco PLC 2,357,400 136,849,726 0.54
Broadcom Inc. 1,458,000 343,577,700 1.35
CBS Corp., Class B 1,000,000 51,390,000 0.20
CEVA Group PLC 6,142 3,992,586 0.02
CEVA Group PLC, Series A-1, (3-month USD-LIBOR + 3.00%) 0% convertible preferred 6,267 5,874,891 0.02
Cabot Oil & Gas Corp. 3,000,000 71,940,000 0.28
Capital One Financial Corp. 1,000,000 95,820,000 0.38
Charter Communications, Inc., Class A 138,126 42,987,574 0.17
Chevron Corp. 1,100,250 125,472,510 0.49
Chubb Ltd. 2,360,000 322,777,200 1.27
Citigroup Inc. 2,500,000 168,750,000 0.66
Coca-Cola Co. 307,700 13,363,411 0.05
Colgate-Palmolive Co. 1,000,000 71,680,000 0.28
Comcast Corp., Class A 7,550,000 257,983,500 1.01
Concho Resources Inc. 500,000 75,165,000 0.30
ConocoPhillips 250,000 14,822,500 0.06
Corporate Risk Holdings Corp. 854 0 0.00
Corporate Risk Holdings I, Inc. 168,812 4,267,567 0.02
Crown Castle International Corp. REIT 705,000 77,275,050 0.30
DowDuPont Inc. 5,627,000 358,496,170 1.41
Enbridge Inc. 2,242,200 70,562,034 0.28
Enbridge Inc. 52,155 1,623,928 0.01
Enbridge Inc. 48,515 1,525,849 0.01
Express Scripts Holding Co. 3,100,000 214,148,000 0.84
Extraction Oil & Gas, Inc. 3,000,000 34,380,000 0.14
Facebook, Inc., Class A 600,000 95,874,000 0.38
First Republic Bank 2,580,000 238,933,800 0.94
Fiserv, Inc. 700,000 49,917,000 0.20
Franco-Nevada Corp. 291,819 19,909,877 0.08
General Motors Co. 3,500,000 127,190,000 0.50
Gilead Sciences, Inc. 1,500,000 113,085,000 0.44
Goldman Sachs Group, Inc. 275,000 69,261,500 0.27
HDFC Bank Ltd. 297,000 8,814,614 0.03
Halliburton Co. 1,500,000 70,410,000 0.28
Home Depot, Inc. 1,400,000 249,536,000 0.98
Humana Inc. 965,000 259,420,950 1.02
IDEX Corp. 406,100 57,873,311 0.23
Incyte Corp. 764,450 63,701,619 0.25
Intel Corp. 6,945,000 361,695,600 1.42
Intuit Inc. 1,100,000 190,685,000 0.75
JPMorgan Chase & Co. 2,100,000 230,937,000 0.91
Johnson & Johnson 2,800,000 358,820,000 1.41
Lockheed Martin Corp. 1,162,000 392,674,660 1.54
LyondellBasell Industries NV 1,700,000 179,656,000 0.71
Mastercard Inc., Class A 57,000 9,984,120 0.04
McDonald's Corp. 95,000 14,856,100 0.06
Merck & Co., Inc. 2,170,300 118,216,241 0.46
Microsoft Corp. 9,420,000 859,763,400 3.38
Molina Healthcare, Inc. 1,500,000 121,770,000 0.48
Mondelez International, Inc. 1,025,000 42,773,250 0.17
NII Holdings, Inc. 191,451 403,962 0.00
NIKE, Inc., Class B 1,980,000 131,551,200 0.52
Nestlé SA 3,508,230 277,733,898 1.09
Nestlé SA (ADR) 900,000 71,145,000 0.28
Netflix, Inc. 181,000 53,458,350 0.21
Newell Brands Inc. 7,100,000 180,908,000 0.71
Newmont Mining Corp. 380,000 14,846,600 0.06
Noble Energy, Inc. 10,500,000 318,150,000 1.25
Nucor Corp. 1,750,000 106,907,500 0.42
Oaktree Capital Group, LLC 2,610,000 103,356,000 0.41
PNC Financial Services Group, Inc. 708,000 107,077,920 0.42
Philip Morris International Inc. 2,375,000 236,075,000 0.93
Praxair, Inc. 355,000 51,226,500 0.20
Public Storage REIT 300,000 60,117,000 0.24
Regeneron Pharmaceuticals, Inc. 120,467 41,484,016 0.16
RenaissanceRe Holdings Ltd. 329,500 45,639,045 0.18
RingCentral, Inc., Class A 1,415,000 89,852,500 0.35
Rotech Healthcare Inc. 184,138 368,276 0.00
Royal Dutch Shell PLC, Class A (ADR) 10,061 641,992 0.00
Royal Dutch Shell PLC, Class B (ADR) 2,202,000 144,297,060 0.57
Royal Gold, Inc. 695,000 59,679,650 0.23
Schlumberger Ltd. 660,000 42,754,800 0.17
Simon Property Group, Inc. REIT 700,000 108,045,000 0.42
Starbucks Corp. 1,339,700 77,555,233 0.30
SunTrust Banks, Inc. 510,000 34,700,400 0.14
Suncor Energy Inc. 4,000,000 138,130,166 0.54
Symantec Corp. 5,000,000 129,250,000 0.51
Taiwan Semiconductor Manufacturing Co., Ltd. 8,600,000 73,091,568 0.29
Taiwan Semiconductor Manufacturing Co., Ltd. (ADR) 14,251,000 623,623,760 2.45
TransDigm Group Inc. 75,000 23,020,500 0.09
UnitedHealth Group Inc. 2,442,000 522,588,000 2.05
VF Corp. 2,000,000 148,240,000 0.58
VeriSign, Inc. 3,140,000 372,278,400 1.46
Verizon Communications Inc. 400,000 19,128,000 0.08
Visa Inc., Class A 1,150,200 137,586,924 0.54
Waste Management, Inc. 214,000 18,001,680 0.07
Weatherford International PLC 56,000,000 128,240,000 0.50
Wells Fargo & Co. 5,906,400 309,554,424 1.22
Western Digital Corp. 2,400,000 221,448,000 0.87
Fixed-Income Securities* Shares or Principal Amount Market Value
3M Co. 2.25% 2026 1,000,000 916,335
ACE INA Holdings Inc. 2.30% 2020 1,345,000 1,324,969
ACE INA Holdings Inc. 2.875% 2022 3,880,000 3,844,999
ACE INA Holdings Inc. 3.35% 2026 880,000 865,921
ACE INA Holdings Inc. 4.35% 2045 800,000 852,367
AEP Transmission Company LLC 3.75% 2047 2,390,000 2,262,642
AES Corp. 5.50% 2025 6,073,000 6,308,329
AES Corp. 6.00% 2026 2,990,000 3,161,925
APPLE INC 4(2) CP 4/11/2018 55,700,000 55,665,132
APPLE INC 4(2) CP 4/6/2018 34,500,000 34,486,752
APPLE INC 4(2) CP 5/14/2018 75,000,000 74,820,600
APPLE INC 4(2) CP 5/9/2018 22,400,000 22,352,467
ARMY& AIR FORCE EXCHANGE SERVICE 4(2) CP 4/23/2018 25,000,000 24,968,100
AT&T Inc. 3.40% 2024 1,910,000 1,921,410
AT&T Inc. 3.90% 2027 1,500,000 1,512,198
AT&T Inc. 4.10% 2028 4,464,000 4,438,220
AT&T Inc. 4.90% 2037 4,675,000 4,723,975
AT&T Inc. 5.15% 2050 2,160,000 2,186,469
AbbVie Inc. 2.50% 2020 360,000 355,479
AbbVie Inc. 2.90% 2022 115,000 112,417
AbbVie Inc. 3.20% 2022 4,680,000 4,623,330
AbbVie Inc. 3.60% 2025 110,000 108,517
AbbVie Inc. 4.30% 2036 650,000 651,230
AbbVie Inc. 4.45% 2046 6,850,000 6,827,237
Abbott Laboratories 2.90% 2021 1,130,000 1,120,155
Abbott Laboratories 3.40% 2023 270,000 268,285
Abbott Laboratories 3.75% 2026 3,695,000 3,679,603
Abbott Laboratories 4.75% 2036 460,000 496,309
Abbott Laboratories 4.90% 2046 500,000 549,435
Aetna Inc. 1.70% 2018 855,000 854,094
Aker BP ASA 5.875% 2025 550,000 558,250
Aleris International, Inc. 7.875% 2020 1,625,000 1,608,750
Alexandria Real Estate Equities, Inc. 3.95% 2028 1,220,000 1,193,027
Allergan PLC 3.00% 2020 1,050,000 1,044,957
Allergan PLC 3.45% 2022 7,645,000 7,584,444
Allergan PLC 3.80% 2025 1,253,000 1,232,639
Allergan PLC 4.55% 2035 1,250,000 1,225,714
Allergan PLC 4.75% 2045 6,000,000 5,891,436
Allison Transmission Holdings, Inc. 5.00% 2024 3,205,000 3,184,969
Almonde Inc., Term Loan, (3-month USD-LIBOR + 7.25%) 9.234% 2025 1,750,000 1,738,151
Alphabet Inc. 1.998% 2026 5,150,000 4,681,901
Altria Group, Inc. 2.625% 2020 2,350,000 2,336,476
Altria Group, Inc. 2.625% 2026 1,275,000 1,176,719
Altria Group, Inc. 3.875% 2046 975,000 910,607
Altria Group, Inc. 4.00% 2024 1,250,000 1,277,863
Altria Group, Inc. 4.50% 2043 3,000,000 3,043,245
Amazon.com, Inc. 2.40% 2023 3,000,000 2,899,380
Amazon.com, Inc. 2.80% 2024 5,875,000 5,687,288
Amazon.com, Inc. 3.15% 2027 2,250,000 2,173,734
Ameren Corp. 3.70% 2047 4,240,000 4,097,807
AmeriCredit Automobile Receivables Trust, Series 2015-3, Class C, 2.73% 2021 3,455,000 3,458,165
AmeriCredit Automobile Receivables Trust, Series 2016-3, Class A3, 1.46% 2021 1,500,000 1,491,558
AmeriCredit Automobile Receivables Trust, Series 2016-3, Class B, 1.80% 2021 500,000 491,492
AmeriCredit Automobile Receivables Trust, Series 2016-4, Class A2A, 1.34% 2020 128,754 128,516
American Axle & Manufacturing Holdings, Inc. 6.50% 2027 3,275,000 3,287,281
American Campus Communities, Inc. 3.35% 2020 1,765,000 1,767,909
American Campus Communities, Inc. 3.625% 2027 5,745,000 5,472,296
American Campus Communities, Inc. 3.75% 2023 3,055,000 3,056,714
American Campus Communities, Inc. 4.125% 2024 6,075,000 6,101,232
American Electric Power Co., Inc. 2.95% 2022 4,020,000 3,977,605
American Electric Power Co., Inc. 3.20% 2027 1,275,000 1,216,646
American Energy (Marcellus), Term Loan A, (3-month USD-LIBOR + 6.50%) 0% 2021 5,188,286 185,912
American Energy (Marcellus), Term Loan B, (3-month USD-LIBOR + 3.25%) 0% 2020 6,933,093 3,899,865
American Energy (Permian Basin) (3-month USD-LIBOR + 6.50%) 8.287% 2019 825,000 746,625
American Energy (Permian Basin), 7.125% 2020 7,345,000 5,472,025
American Energy (Permian Basin), 7.375% 2021 5,725,000 4,265,125
American Express Co. 2.20% 2020 6,000,000 5,854,050
American Honda Finance Corp. 2.65% 2021 3,750,000 3,731,873
American Honda Finance Corp. 3.50% 2028 3,750,000 3,778,249
American International Group, Inc. 4.20% 2028 7,000,000 7,082,075
American International Group, Inc. 4.75% 2048 2,250,000 2,318,967
American Tower Corp. 3.55% 2027 1,425,000 1,353,573
American Tower Corp. 3.60% 2028 2,000,000 1,901,426
Amgen Inc. 2.65% 2022 7,000,000 6,836,571
Amgen Inc. 2.70% 2022 3,400,000 3,323,925
Anadarko Petroleum Corp. 4.85% 2021 3,455,000 3,594,057
Anadarko Petroleum Corp. 5.55% 2026 2,250,000 2,458,726
Angel Oak Capital Advisors, LLC, Series 2013-9A, Class A1R, CLO, (3-month USD-LIBOR + 1.01%) 2.755% 2025 3,490,756 3,495,259
Anglo American Capital PLC 3.625% 2024 2,035,000 1,961,809
Anheuser-Busch InBev NV 2.65% 2021 1,000,000 992,671
Anheuser-Busch InBev NV 3.30% 2023 5,940,000 5,947,894
Anheuser-Busch InBev NV 3.50% 2024 890,000 896,582
Anheuser-Busch InBev NV 3.65% 2026 4,985,000 4,960,743
Anheuser-Busch InBev NV 4.00% 2028 5,884,000 5,960,133
Anheuser-Busch InBev NV 4.60% 2048 2,873,000 2,973,779
Anheuser-Busch InBev NV 4.90% 2046 550,000 594,459
Apple Inc. 2.50% 2022 2,355,000 2,319,244
Apple Inc. 2.75% 2025 6,000,000 5,776,824
Apple Inc. 2.90% 2027 9,000,000 8,571,411
Apple Inc. 3.00% 2024 1,250,000 1,236,380
Apple Inc. 3.35% 2027 90,000 88,954
Applied Systems, Inc., Term Loan, (3-month USD-LIBOR + 7.00%) 0% 2025 600,000 621,750
Associated Materials, LLC 9.00% 2024 9,025,000 9,701,875
AstraZeneca PLC 3.375% 2025 7,890,000 7,784,692
Avis Budget Group, Inc. 5.50% 2023 3,055,000 3,035,906
Avon Products, Inc. 7.875% 2022 1,820,000 1,870,050
B&G Foods, Inc. 5.25% 2025 780,000 728,325
BB&T Corp. 2.45% 2020 6,000,000 5,950,998
BB&T Corp. 2.625% 2022 2,500,000 2,444,643
BB&T Corp. 2.75% 2022 6,000,000 5,890,464
BJ's Wholesale Club, Term Loan, (3-month USD-LIBOR + 7.50%) 9.191% 2025 1,440,000 1,448,551
BNP Paribas 3.375% 2025 3,225,000 3,122,484
Ball Corp. 4.375% 2020 2,450,000 2,499,000
Bank of America Corp. 2.625% 2020 4,037,000 4,010,005
Bank of America Corp. 2.625% 2021 2,000,000 1,970,588
Bank of America Corp. 3.248% 2027 1,500,000 1,414,490
Bank of America Corp. 3.419% 2028 8,949,000 8,576,587
Bank of America Corp. 3.55% 2024 7,250,000 7,274,549
Bank of America Corp. 3.593% 2028 4,250,000 4,129,925
Bank of America Corp. 3.824% 2028 1,250,000 1,235,504
Bank of America Corp. 3.97% 2029 3,750,000 3,761,606
Bank of America Corp. 4.244% 2038 1,000,000 1,021,499
Bayer AG 2.375% 2019 2,750,000 2,726,570
Bayerische Motoren Werke AG 2.25% 2023 600,000 568,105
Becton, Dickinson and Co. 2.133% 2019 2,250,000 2,225,012
Becton, Dickinson and Co. 2.404% 2020 2,250,000 2,208,065
Becton, Dickinson and Co. 2.894% 2022 1,170,000 1,135,969
Becton, Dickinson and Co. 3.363% 2024 860,000 828,538
Berkshire Hathaway Energy Co. 2.40% 2020 1,245,000 1,235,090
Berkshire Hathaway Finance Corp. 1.30% 2019 1,070,000 1,050,741
Berkshire Hathaway Inc. 2.20% 2021 1,000,000 987,396
Berkshire Hathaway Inc. 2.75% 2023 2,615,000 2,573,191
Berkshire Hathaway Inc. 3.125% 2026 1,000,000 975,101
Blackstone CQP Holdco LP, 6.00% 2021 5,700,000 5,742,750
Blackstone CQP Holdco LP, 6.50% 2021 21,325,000 21,538,250
BlueMountain CLO Ltd., Series 2013-4A, Class AR, (3-month USD-LIBOR + 1.01%) 2.732% 2025 2,945,000 2,949,064
Bohai Financial Investment Holding Co., Ltd. 5.50% 2024 2,250,000 2,188,125
Boston Scientific Corp. 3.85% 2025 5,500,000 5,540,040
Brandywine Operating Partnership, LP 3.95% 2023 1,070,000 1,080,309
British American Tobacco International Finance PLC 3.95% 2025 5,500,000 5,524,547
British American Tobacco PLC 3.222% 2024 5,000,000 4,825,365
British American Tobacco PLC 4.39% 2037 8,500,000 8,460,815
British American Tobacco PLC 4.54% 2047 3,250,000 3,222,242
British Telecommunications PLC 9.125% 2030 4,225,000 6,181,885
Broadcom Ltd. 2.375% 2020 1,500,000 1,479,557
Broadcom Ltd. 3.00% 2022 1,500,000 1,472,772
Broadcom Ltd. 3.875% 2027 4,215,000 4,103,109
CCO Holdings LLC and CCO Holdings Capital Corp. 4.20% 2028 4,920,000 4,715,702
CCO Holdings LLC and CCO Holdings Capital Corp. 4.464% 2022 3,000,000 3,068,496
CCO Holdings LLC and CCO Holdings Capital Corp. 4.908% 2025 1,000,000 1,022,891
CCO Holdings LLC and CCO Holdings Capital Corp. 5.00% 2028 4,250,000 4,005,625
CCO Holdings LLC and CCO Holdings Capital Corp. 5.375% 2047 2,615,000 2,534,395
CCO Holdings LLC and CCO Holdings Capital Corp. 5.75% 2026 5,850,000 5,835,434
CCO Holdings LLC and CCO Holdings Capital Corp. 6.484% 2045 585,000 643,337
CF Industries, Inc. 4.95% 2043 4,130,000 3,618,913
CHARIOT FUNDING LLC 4(2) CP 5/30/2018 50,000,000 49,822,350
CHARIOT FUNDING LLC 4(2) CP 6/19/2018 50,000,000 49,744,550
CHARTA LLC 4(2) CP 6/26/2018 21,400,000 21,275,880
CHARTA LLC 4(2) CP 7/6/2018 25,000,000 24,837,550
CHEVRON USCP 4(2) CP 4/23/2018 2,400,000 2,397,002
CHEVRON USCP 4(2) CP 5/2/2018 67,100,000 66,984,991
CHEVRON USCP 4(2) CP 5/8/2018 35,900,000 35,826,979
CIFC Funding Ltd., Series 2014-3A, Class AR, (3-month USD-LIBOR + 0.95%) 2.694% 2026 2,380,000 2,382,737
CIT Group Inc. 3.875% 2019 14,485,000 14,590,016
CMS Energy Corp. 8.75% 2019 667,000 709,731
COCA-COLA CO 4(2) CP 4/16/2018 50,000,000 49,954,850
COCA-COLA CO 4(2) CP 4/19/2018 61,600,000 61,534,273
CONSOL Energy Inc. 5.875% 2022 19,450,000 19,620,188
CPPIB Capital Inc. 1.25% 2019 3,900,000 3,835,026
CPPIB Capital Inc. 2.25% 2022 4,286,000 4,198,308
CPPIB Capital Inc. 2.375% 2021 6,000,000 5,937,960
CPPIB Capital Inc. 2.75% 2027 6,600,000 6,395,994
CPS Auto Receivables Trust, Series 2017-B, Class A, 1.75% 2020 1,202,506 1,198,215
CS First Boston Mortgage Securities Corp., Series 2004-5, Class IVA1, 6.00% 2034 410,519 419,130
CSAIL Commercial Mortgage Trust, Series 2015-C4, Class ASB, 3.6167% 2048 1,400,000 1,417,723
CSX Corp. 3.80% 2028 6,985,000 6,973,733
CSX Corp. 4.30% 2048 2,250,000 2,242,643
CSX Corp. 4.65% 2068 2,250,000 2,188,566
CVR Partners, LP 9.25% 2023 2,100,000 2,243,745
CVS Health Corp. 3.35% 2021 740,000 744,415
CVS Health Corp. 3.70% 2023 1,005,000 1,009,198
CVS Health Corp. 4.10% 2025 1,119,000 1,127,620
CVS Health Corp. 4.30% 2028 4,930,000 4,970,239
CVS Health Corp. 4.78% 2038 1,470,000 1,492,131
CVS Health Corp. 5.05% 2048 1,250,000 1,317,204
Cablevision Systems Corp. 6.75% 2021 6,775,000 7,071,406
Calpine Corp. 5.25% 2026 5,970,000 5,783,438
Calpine Corp. 5.375% 2023 4,210,000 4,046,021
Canadian National Railway Co. 3.20% 2046 2,635,000 2,380,485
Canadian National Railway Co. 3.65% 2048 5,015,000 4,864,013
Canadian Natural Resources Ltd. 2.95% 2023 4,975,000 4,834,441
Canadian Natural Resources Ltd. 3.85% 2027 1,000,000 979,093
Canadian Natural Resources Ltd. 4.95% 2047 1,000,000 1,045,448
Cenovus Energy Inc. 3.80% 2023 3,970,000 3,927,374
Cenovus Energy Inc. 4.25% 2027 6,625,000 6,465,450
Cenovus Energy Inc. 5.25% 2037 2,000,000 2,005,820
Cenovus Energy Inc. 5.40% 2047 2,000,000 2,017,164
Centene Corp. 4.75% 2022 10,495,000 10,678,663
Centene Corp. 4.75% 2025 2,825,000 2,761,438
Centerpoint Energy, Inc., 2.50% 2022 900,000 872,825
CenturyLink, Inc. 6.75% 2023 7,675,000 7,502,313
Cequel Communications Holdings I, LLC and Cequel Capital Corp. 6.375% 2020 5,643,000 5,755,860
Chemours Co. 6.625% 2023 4,990,000 5,258,213
Chesapeake Energy Corp. (3-month USD-LIBOR + 3.25%) 4.97% 2019 3,200,000 3,192,000
Chesapeake Energy Corp. 4.875% 2022 6,250,000 5,812,500
Chesapeake Energy Corp. 8.00% 2025 4,475,000 4,340,750
Chesapeake Energy Corp. 8.00% 2027 5,800,000 5,553,500
Chesapeake Energy Corp., Term Loan, (3-month USD-LIBOR + 7.50%) 9.444% 2021 1,150,000 1,222,234
Chevron Corp. 2.566% 2023 2,000,000 1,945,672
Chevron Corp. 3.326% 2025 1,165,000 1,166,017
Chevron Phillips Chemical Company LLC 3.30% 2023 1,170,000 1,174,895
Chevron Phillips Chemical Company LLC 3.70% 2028 3,000,000 3,018,504
Chrysler Capital Auto Receivables Trust, Series 2015-AA, Class B, 2.07% 2021 500,000 499,167
Chrysler Capital Auto Receivables Trust, Series 2015-BA, Class A3, 1.91% 2020 84,372 84,425
Citibank Credit Card Issuance Trust, Series 2014-A6, Class A6, 2.15% 2021 275,000 273,546
Citigroup Commercial Mortgage Trust, Series 2015-GC29, Class AAB, 2.984% 2048 1,185,000 1,177,106
Citigroup Inc. 1.70% 2018 150,000 149,920
Citigroup Inc. 2.35% 2021 8,650,000 8,403,968
Citigroup Inc. 2.90% 2021 4,000,000 3,941,616
Citigroup Inc. 3.20% 2026 2,211,000 2,105,584
Clear Channel Worldwide Holdings, Inc. 7.625% 2020 15,760,000 15,799,400
Cleveland-Cliffs Inc. 4.875% 2024 2,514,000 2,444,865
Cleveland-Cliffs Inc. 5.75% 2025 18,995,000 18,211,456
Comcast Corp. 1.625% 2022 2,000,000 1,885,758
Comcast Corp. 2.35% 2027 5,435,000 4,881,956
Comcast Corp. 3.20% 2036 750,000 663,068
Comcast Corp. 3.30% 2027 1,000,000 968,452
Comcast Corp. 3.90% 2038 1,500,000 1,459,056
Comcast Corp. 4.00% 2048 1,500,000 1,425,207
Comision Federal de Electricidad 4.75% 2027 1,270,000 1,277,938
Commercial Mortgage Trust, Series 2015-PC1, Class A5, 3.902% 2050 4,735,000 4,866,112
Commonwealth Bank of Australia 2.25% 2020 1,000,000 986,046
Commonwealth Edison Company 3.65% 2046 2,000,000 1,891,586
Commonwealth Edison Company 4.00% 2048 2,600,000 2,615,054
Commonwealth Edison Company 4.35% 2045 2,085,000 2,204,802
Community Dev. Administration, Dept. of Housing and Community Dev., Residential Rev. Ref. Bonds, Series 2014-E, 2.857% 2040 75,000 74,105
Concordia Healthcare Corp, Term Loan B, (3-month USD-LIBOR + 4.25%) 6.127% 2021 2,118,454 1,901,312
Concordia Healthcare Corp. 7.00% 2023 7,380,000 535,050
Concordia Healthcare Corp. 9.50% 2022 4,210,000 294,700
Connecticut Avenue Securities, Series 2014-C02, Class 1M1, (1-month USD-LIBOR + 0.95%) 2.821% 2024 32,299 32,398
ConocoPhillips 4.95% 2026 1,750,000 1,912,307
Constellation Brands, Inc. 2.00% 2019 2,250,000 2,219,684
Constellation Brands, Inc. 2.25% 2020 2,250,000 2,202,615
Constellation Brands, Inc. 2.65% 2022 4,835,000 4,675,663
Constellation Brands, Inc. 2.70% 2022 395,000 383,440
Constellation Brands, Inc. 3.20% 2023 1,650,000 1,619,559
Constellation Brands, Inc. 3.50% 2027 1,030,000 992,149
Constellation Brands, Inc. 3.60% 2028 4,000,000 3,864,384
Constellation Brands, Inc. 4.50% 2047 445,000 442,446
Consumers Energy Co. 3.125% 2024 3,785,000 3,721,234
Consumers Energy Co. 3.25% 2046 940,000 841,856
Consumers Energy Co. 3.375% 2023 475,000 477,084
Convey Park Energy LLC 7.50% 2025 2,000,000 2,000,000
Corporate Office Properties LP 3.60% 2023 765,000 749,735
Corporate Office Properties LP 5.25% 2024 3,595,000 3,783,784
Corporate Risk Holdings LLC 13.50% 2020 1,016,385 1,087,532
Corporate Risk Holdings LLC 9.50% 2019 3,878,000 4,062,205
Costco Wholesale Corp. 2.15% 2021 2,250,000 2,211,010
Costco Wholesale Corp. 2.30% 2022 2,250,000 2,194,542
Costco Wholesale Corp. 2.75% 2024 12,250,000 11,951,970
Costco Wholesale Corp. 3.00% 2027 2,250,000 2,176,470
Credit Suisse Group AG 1.70% 2018 4,000,000 3,998,640
Credit Suisse Group AG 3.00% 2021 250,000 247,606
Credit Suisse Group AG 3.80% 2023 1,625,000 1,629,394
Credit Suisse Group AG 3.869% 2029 800,000 775,278
Crédit Agricole SA 4.375% 2025 1,700,000 1,697,868
Cumulus Media Inc., Term Loan B, (3-month USD-LIBOR + 3.25%) 4.9% 2020 2,000,000 1,712,500
DCP Midstream Operating LP 4.95% 2022 4,775,000 4,822,750
DNB ASA 2.375% 2021 3,000,000 2,923,272
DaVita HealthCare Partners Inc. 5.00% 2025 3,875,000 3,755,069
DaimlerChrysler North America Holding Corp. 2.00% 2021 200,000 192,660
DaimlerChrysler North America Holding Corp. 2.25% 2019 6,000,000 5,953,830
DaimlerChrysler North America Holding Corp. 2.25% 2020 2,765,000 2,722,054
DaimlerChrysler North America Holding Corp. 3.35% 2023 1,200,000 1,196,179
DaimlerChrysler North America Holding Corp. 3.75% 2028 397,000 400,844
Danske Bank AS 2.00% 2021 2,365,000 2,265,935
Danske Bank AS 2.70% 2022 2,000,000 1,954,016
Deutsche Telekom International Finance BV 1.50% 2019 2,078,000 2,039,644
Deutsche Telekom International Finance BV 1.95% 2021 1,000,000 959,331
Deutsche Telekom International Finance BV 2.82% 2022 2,535,000 2,491,771
Deutsche Telekom International Finance BV 3.60% 2027 3,750,000 3,685,778
Deutsche Telekom International Finance BV 9.25% 2032 3,570,000 5,391,053
Diamond Offshore Drilling, Inc. 4.875% 2043 4,685,000 3,373,200
Diamond Offshore Drilling, Inc. 7.875% 2025 2,550,000 2,565,938
Dominion Resources, Inc. 1.60% 2019 890,000 874,904
Dominion Resources, Inc. 1.875% 2018 2,500,000 2,483,305
Dominion Resources, Inc. 2.00% 2021 790,000 754,882
Dominion Resources, Inc. 2.579% 2020 950,000 938,387
Dominion Resources, Inc. 2.75% 2022 800,000 779,832
Dominion Resources, Inc. 2.85% 2026 1,500,000 1,391,748
Dominion Resources, Inc. 2.962% 2019 300,000 299,519
Drive Auto Receivables Trust, Series 2017-AA, Class C, 2.98% 2022 850,000 850,524
Drivetime Auto Owner Trust, Series 2016-3A, Class C, 3.15% 2022 2,395,000 2,398,434
Duke Energy Corp. 1.80% 2021 275,000 261,919
Duke Energy Corp. 2.65% 2026 2,325,000 2,124,457
Duke Energy Corp. 3.15% 2027 1,855,000 1,748,378
Duke Energy Corp. 3.75% 2024 150,000 150,235
Duke Energy Florida, LLC 3.20% 2027 2,420,000 2,364,057
Duke Energy Ohio, Inc. 3.70% 2046 1,950,000 1,867,254
Duke Energy Progress Inc. 3.70% 2046 4,350,000 4,222,415
Duke Energy Progress Inc. 4.15% 2044 3,020,000 3,102,540
EDP Finance BV 3.625% 2024 12,250,000 12,077,630
EDP Finance BV 4.125% 2020 3,402,000 3,457,112
ELI LILLY & CO 4(2) CP 4/13/2018 41,200,000 41,169,718
EMD Finance LLC 2.40% 2020 210,000 207,790
EMD Finance LLC 2.95% 2022 1,010,000 995,235
EMD Finance LLC 3.25% 2025 6,170,000 6,004,946
EOG Resources, Inc. 4.15% 2026 2,980,000 3,081,830
EPR Properties 4.50% 2027 4,365,000 4,260,659
EPR Properties 4.75% 2026 6,070,000 6,083,481
EQT Corp. 3.00% 2022 975,000 948,069
EQT Corp. 3.90% 2027 1,810,000 1,736,912
EXXON CORP CP 4/23/2018 50,000,000 49,937,550
Eastman Chemical Co. 2.70% 2020 7,000,000 6,960,618
EchoStar Corp. 6.625% 2026 2,475,000 2,481,188
Electricité de France SA 2.35% 2020 650,000 639,375
Electricité de France SA 6.95% 2039 4,000,000 5,366,260
Emera US Finance LP 2.15% 2019 300,000 296,503
Emera US Finance LP 2.70% 2021 770,000 752,934
Emera US Finance LP 3.55% 2026 645,000 616,675
EnLink Midstream Partners, LP 4.15% 2025 5,580,000 5,428,765
EnLink Midstream Partners, LP 5.05% 2045 3,135,000 2,920,870
EnLink Midstream Partners, LP 5.45% 2047 1,415,000 1,392,419
Enbridge Energy Partners, LP 5.20% 2020 120,000 123,912
Enbridge Energy Partners, LP 5.875% 2025 3,825,000 4,199,043
Enbridge Energy Partners, LP, Series B, 6.50% 2018 3,900,000 3,904,992
Enbridge Energy Partners, LP, Series B, 7.50% 2038 2,000,000 2,535,936
Enbridge Inc. 4.00% 2023 2,500,000 2,518,813
Endo International PLC 5.75% 2022 5,865,000 4,838,625
Endo International PLC 6.00% 2025 3,945,000 2,850,263
Enel Finance International SA 3.50% 2028 5,800,000 5,436,067
Energy Transfer Partners, LP 4.00% 2027 1,126,000 1,068,037
Energy Transfer Partners, LP 4.15% 2020 3,500,000 3,550,110
Energy Transfer Partners, LP 4.20% 2027 430,000 415,617
Energy Transfer Partners, LP 4.75% 2026 6,500,000 6,578,858
Energy Transfer Partners, LP 5.30% 2047 3,000,000 2,822,238
Energy Transfer Partners, LP 5.40% 2047 3,400,000 3,245,528
Energy Transfer Partners, LP 5.50% 2027 6,420,000 6,452,100
Energy Transfer Partners, LP 5.875% 2024 2,775,000 2,872,125
Energy Transfer Partners, LP 7.50% 2020 1,175,000 1,268,266
Enersis Américas SA 4.00% 2026 495,000 484,932
Ensco PLC 7.75% 2026 3,650,000 3,358,000
Ensco PLC, 5.75% 2044 7,820,000 5,376,250
Entergy Corp. 2.95% 2026 1,160,000 1,080,926
Enterprise Fleet Financing LLC, Series 2016-2, Class A2, 1.74% 2022 472,196 469,928
Enterprise Fleet Financing LLC, Series 2017-1, Class A2, 2.13% 2022 550,444 547,565
Enterprise Fleet Financing LLC, Series 2017-1, Class A3, 2.60% 2022 655,000 652,410
Enterprise Products Operating LLC 4.90% 2046 1,000,000 1,068,162
Envision Healthcare Corp. 5.125% 2022 1,405,000 1,405,000
Equinix, Inc. 5.375% 2027 1,400,000 1,424,500
Essex Portfolio LP 3.50% 2025 5,865,000 5,751,571
Essex Portfolio LP 3.875% 2024 1,000,000 1,006,971
Euramax International, Inc. 12.00% 2020 4,350,000 4,621,875
European Investment Bank 2.25% 2022 4,470,000 4,386,456
Exelon Corp. 3.40% 2026 200,000 193,342
Exelon Corp. 3.497% 2022 2,150,000 2,130,762
Extraction Oil & Gas, Inc. 5.625% 2026 2,900,000 2,744,125
Exxon Mobil Corp. 2.222% 2021 5,070,000 4,999,431
Exxon Mobil Corp. 2.726% 2023 3,000,000 2,965,017
Exxon Mobil Corp. 3.043% 2026 2,250,000 2,207,129
FED HM LN BK BD 4/13/2018 64,200,000 64,167,900
FED HM LN BK BD 4/18/2018 74,600,000 74,544,796
FED HM LN BK BD 4/20/2018 50,000,000 49,958,500
FED HM LN BK BD 4/25/2018 45,200,000 45,152,088
FED HM LN BK BD 4/27/2018 144,300,000 144,134,055
FED HM LN BK BD 4/3/2018 267,400,000 267,386,630
FED HM LN BK BD 4/4/2018 63,800,000 63,794,258
FED HM LN BK BD 4/9/2018 50,000,000 49,984,000
FED HM LN BK BD 5/16/2018 89,000,000 88,815,770
FED HM LN BK BD 5/2/2018 50,000,000 49,930,000
FED HM LN BK BD 5/29/2018 104,700,000 104,414,169
FED HM LN BK BD 5/4/2018 337,600,000 337,103,728
FED HM LN BK BD 5/7/2018 100,000,000 99,837,000
FED HM LN MTG CORP DISC NT 4/3/2018 75,000,000 74,996,250
FED HM LN MTG CORP DISC NT 4/6/2018 100,000,000 99,982,000
FMG Resources 9.75% 2022 7,595,000 8,373,488
Fannie Mae 1.875% 2026 13,000,000 11,999,130
Fannie Mae 2.00% 2022 3,000,000 2,939,880
Fannie Mae 3.00% 2033 10,000,000 9,971,830
Fannie Mae 3.00% 2036 22,050,549 21,903,670
Fannie Mae 3.00% 2046 36,813,897 35,918,325
Fannie Mae 3.50% 2042 10,287,695 10,379,945
Fannie Mae 3.50% 2045 4,193,537 4,216,400
Fannie Mae 3.50% 2045 16,609,226 16,751,218
Fannie Mae 3.50% 2046 4,487,032 4,503,997
Fannie Mae 3.50% 2046 7,727,579 7,769,246
Fannie Mae 3.50% 2046 3,121,427 3,133,248
Fannie Mae 3.50% 2047 63,544,444 63,734,569
Fannie Mae 3.50% 2047 6,701,880 6,720,243
Fannie Mae 3.50% 2047 5,884,619 5,906,921
Fannie Mae 3.50% 2048 28,700,000 28,659,992
Fannie Mae 4.00% 2041 3,737,490 3,866,474
Fannie Mae 4.00% 2041 2,883,142 2,983,539
Fannie Mae 4.00% 2043 3,943,232 4,087,180
Fannie Mae 4.00% 2043 2,509,857 2,601,469
Fannie Mae 4.00% 2043 2,051,601 2,121,032
Fannie Mae 4.00% 2046 1,035,787 1,069,595
Fannie Mae 4.00% 2046 3,130,552 3,222,152
Fannie Mae 4.00% 2047 24,861,262 25,677,731
Fannie Mae 4.00% 2047 15,304,582 15,741,054
Fannie Mae 4.00% 2048 212,950,000 218,072,086
Fannie Mae 4.00% 2048 25,000,000 25,645,275
Fannie Mae 4.50% 2048 82,790,000 86,522,256
Fannie Mae 5.50% 2033 561,904 617,149
Fannie Mae 5.50% 2033 380,144 417,688
Fannie Mae 5.50% 2036 851,238 934,776
Fannie Mae 5.50% 2037 304,457 334,260
Fannie Mae 5.50% 2037 167,043 183,299
Fannie Mae 6.00% 2021 21,222 21,828
Fannie Mae 6.00% 2026 315,494 350,772
Fannie Mae 6.00% 2036 619,007 692,878
Fannie Mae 6.00% 2036 111,818 125,667
Fannie Mae 6.00% 2036 2,071,186 2,322,230
Fannie Mae 6.00% 2037 193,796 216,519
Fannie Mae 6.00% 2037 1,887,484 2,120,486
Fannie Mae 6.00% 2037 1,705,695 1,912,676
Fannie Mae 6.00% 2037 28,826 32,373
Fannie Mae 6.00% 2038 2,006,492 2,250,694
Fannie Mae 6.00% 2038 52,071 58,444
Fannie Mae 6.00% 2038 60,630 67,859
Fannie Mae 6.00% 2038 903,836 1,010,432
Fannie Mae 6.00% 2038 2,922,727 3,284,046
Fannie Mae 6.00% 2038 954,862 1,068,920
Fannie Mae 6.00% 2038 37,305 41,652
Fannie Mae 6.00% 2038 491,866 552,964
Fannie Mae 6.00% 2038 468,013 526,664
Fannie Mae 6.00% 2039 1,104 1,240
Fannie Mae 6.00% 2040 525,213 589,177
Fannie Mae 6.00% 2040 171,891 193,314
Fannie Mae 6.00% 2041 692,201 778,327
Fannie Mae 6.00% 2041 953,531 1,070,307
Fannie Mae 7.00% 2047 65,822 72,354
Fannie Mae 7.00% 2047 3,516 3,864
Fannie Mae, Series 2001-T10, Class A1, 7.00% 2041 195,804 223,917
Fannie Mae, Series 2002-W3, Class A-5, 7.50% 2041 47,532 54,643
Fannie Mae, Series 2006-43, Class JO, principal only, 0% 2036 114,468 98,166
Fannie Mae, Series 2012-M14, Class A2, Multi Family 2.301% 2022 2,145,000 2,091,510
Fannie Mae, Series 2012-M5, Class A2, Multi Family 2.715% 2022 4,000,000 3,976,412
Fannie Mae, Series 2012-M9, Class A2, Multi Family 2.482% 2022 4,761,035 4,696,875
Fannie Mae, Series 2013-M14, Class A2, Multi Family 3.329% 2023 7,530,000 7,673,552
Fannie Mae, Series 2014-M1, Class A2, Multi Family 3.193% 2023 9,033,192 9,147,218
Fannie Mae, Series 2014-M2, Class A2, Multi Family 3.513% 2023 6,450,000 6,623,021
Fannie Mae, Series 2014-M3, Class A2, Multi Family 3.466% 2024 7,000,000 7,179,725
Fannie Mae, Series 2014-M9, Class A2, Multi Family 3.103% 2024 6,215,000 6,246,510
Fannie Mae, Series 2017-M3, Class A2, Multi Family 2.486% 2026 9,665,000 9,188,177
Fannie Mae, Series 2017-M7, Class A2, Multi Family 2.961% 2027 2,891,000 2,836,059
Federal Home Loan Bank 0.875% 2018 17,140,000 17,101,264
First Data Corp. 5.00% 2024 2,400,000 2,409,000
First Data Corp. 5.375% 2023 2,850,000 2,907,000
First Quantum Minerals Ltd. 6.875% 2026 4,025,000 3,833,813
First Quantum Minerals Ltd. 7.00% 2021 5,602,000 5,626,509
First Quantum Minerals Ltd. 7.25% 2022 7,925,000 7,964,625
First Quantum Minerals Ltd. 7.50% 2025 10,700,000 10,546,188
FirstEnergy Corp. 3.90% 2027 3,660,000 3,598,878
FirstEnergy Corp. 4.85% 2047 6,395,000 6,741,321
FirstEnergy Corp., Series B, 4.25% 2023 1,540,000 1,578,207
Ford Credit Auto Owner Trust, Series 2016-2, Class A, 2.03% 2027 2,900,000 2,821,480
Ford Credit Auto Owner Trust, Series 2017-1, Class A, 1.62% 2028 3,330,000 3,293,726
Ford Credit Auto Owner Trust, Series 2018-1, Class A, 3.19% 2031 14,965,000 14,858,300
Ford Credit Floorplan Master Owner Trust, Series 2016-3, Class A1, 1.55% 2021 3,500,000 3,450,727
Ford Motor Co. 5.291% 2046 750,000 734,906
Ford Motor Credit Co. 1.897% 2019 2,500,000 2,461,573
Ford Motor Credit Co. 2.343% 2020 7,635,000 7,438,170
Ford Motor Credit Co. 2.597% 2019 3,000,000 2,976,954
Ford Motor Credit Co. 3.157% 2020 1,000,000 995,148
Ford Motor Credit Co. 3.20% 2021 2,250,000 2,232,569
Ford Motor Credit Co. 4.134% 2025 5,000,000 4,921,250
France Télécom 4.125% 2021 5,000,000 5,192,315
Freddie Mac 0.75% 2018 11,880,000 11,877,386
Freddie Mac 3.00% 2037 32,952,394 32,723,079
Freddie Mac 3.50% 2046 5,124,940 5,147,024
Freddie Mac 3.50% 2047 4,909,164 4,930,332
Freddie Mac 3.50% 2047 12,797,295 12,831,617
Freddie Mac 3.50% 2047 24,540,686 24,606,480
Freddie Mac 3.50% 2047 47,408,766 47,536,343
Freddie Mac 3.50% 2048 36,780,000 36,845,248
Freddie Mac 4.00% 2042 4,955,798 5,130,842
Freddie Mac 4.00% 2043 2,581,068 2,679,053
Freddie Mac 4.00% 2043 6,436,596 6,660,892
Freddie Mac 4.00% 2043 2,449,361 2,535,071
Freddie Mac 4.00% 2045 15,523,339 16,058,801
Freddie Mac 4.00% 2045 15,523,371 16,058,616
Freddie Mac 4.00% 2048 20,000,000 20,486,500
Freddie Mac 4.00% 2048 6,474,267 6,651,028
Freddie Mac 4.50% 2039 225,718 238,533
Freddie Mac 4.50% 2046 2,236,032 2,342,282
Freddie Mac 4.50% 2046 1,359,545 1,424,147
Freddie Mac 4.50% 2048 2,000,000 2,090,006
Freddie Mac 5.00% 2023 160,177 167,878
Freddie Mac 5.00% 2038 1,253,784 1,351,448
Freddie Mac 5.00% 2040 2,233,656 2,409,566
Freddie Mac 6.50% 2038 144,069 162,341
Freddie Mac Pool #760014 2.978% 2045 1,492,483 1,493,102
Freddie Mac Seasoned Credit Risk Transfer Trust, Series 2017-1, Class HA, 2.00% 2056 6,235,821 6,133,972
Freddie Mac Seasoned Credit Risk Transfer Trust, Series 2017-2, Class HA, 2.00% 2056 11,994,572 11,739,675
Freddie Mac Seasoned Credit Risk Transfer Trust, Series 2017-2, Class MA, 3.00% 2056 11,137,552 10,980,368
Freddie Mac Seasoned Credit Risk Transfer Trust, Series 2017-3, Class HA, 2.25% 2056 2,746,181 2,708,416
Freddie Mac Seasoned Credit Risk Transfer Trust, Series 2017-4, Class HT, 2.25% 2057 2,072,162 1,999,512
Freddie Mac Seasoned Credit Risk Transfer Trust, Series 2017-4, Class MT, 3.50% 2057 1,592,603 1,588,635
Freddie Mac, Series K019, Class A2, Multi Family 2.272% 2022 4,000,000 3,920,692
Freddie Mac, Series K021, Class A2, Multi Family 2.396% 2022 3,680,000 3,616,023
Freddie Mac, Series K025, Class A2, Multi Family 2.682% 2022 4,000,000 3,967,552
Freddie Mac, Series K028, Class A2, Multi Family 3.111% 2023 5,900,000 5,958,953
Freddie Mac, Series K030, Class A1, Multi Family 2.779% 2022 4,326,672 4,333,496
Freddie Mac, Series K034, Class A1, Multi Family 2.669% 2023 1,740,616 1,736,841
Freddie Mac, Series K044, Class A2, Multi Family 2.811% 2025 4,265,000 4,211,909
Freddie Mac, Series K047, Class A2, Multi Family 3.329% 2025 4,000,000 4,070,144
Freddie Mac, Series K055, Class A2, Multi Family 2.673% 2026 10,050,000 9,767,283
Freddie Mac, Series K057, Class A2, Multi Family 2.57% 2026 9,510,000 9,117,275
Freddie Mac, Series K063, Class A2, Multi Family 3.43% 2027 4,375,000 4,454,546
Freddie Mac, Series K064, Class A2, Multi Family 3.224% 2027 5,265,000 5,278,678
Freddie Mac, Series K066, Class A2, Multi Family 3.117% 2027 4,755,000 4,715,443
Freddie Mac, Series K067, Class A2, Multi Family 3.194% 2027 17,070,000 17,081,334
Freddie Mac, Series K069, Class A2, Multi Family 3.187% 2027 2,280,000 2,274,293
Freddie Mac, Series K070, Class A2, Multi Family 3.303% 2027 6,465,000 6,509,376
Freddie Mac, Series K072, Class A2, Multi Family 3.444% 2027 1,980,000 2,011,579
Freddie Mac, Series K073, Class A2, Multi Family 3.35% 2028 3,571,000 3,603,300
Freddie Mac, Series K723, Class A2, Multi Family 2.454% 2023 3,025,000 2,953,026
Freddie Mac, Series K725, Class A2, Multi Family 3.002% 2024 5,555,000 5,561,433
Freddie Mac, Series KS01, Class A1, Multi Family 1.693% 2022 1,456,861 1,432,957
Freddie Mac, Series T-041, Class 3A, 0% 2032 309,523 323,267
Freeport-McMoRan Inc. 3.55% 2022 10,463,000 10,149,110
Frontier Communications Corp. 10.50% 2022 2,865,000 2,410,410
Frontier Communications Corp. 11.00% 2025 15,700,000 11,843,688
Frontier Communications Corp. 8.50% 2026 1,625,000 1,580,313
G.O. Bonds, Pension Funding Series 2003, 5.10% 2033 5,000,000 4,694,600
General Electric Co. 2.70% 2022 6,535,000 6,339,113
General Electric Co. 4.125% 2042 2,500,000 2,318,838
General Motors Co. 6.75% 2046 250,000 290,771
General Motors Financial Co. 2.35% 2019 3,500,000 3,469,452
General Motors Financial Co. 3.45% 2022 3,625,000 3,597,660
General Motors Financial Co. 3.45% 2022 2,000,000 1,994,310
General Motors Financial Co. 3.50% 2024 6,600,000 6,378,220
General Motors Financial Co. 3.70% 2020 6,355,000 6,417,641
General Motors Financial Co. 4.30% 2025 1,250,000 1,253,059
General Motors Financial Co. 4.35% 2027 1,000,000 994,489
Genesis Energy, LP 6.50% 2025 2,725,000 2,684,125
Genesis Energy, LP 6.75% 2022 3,750,000 3,867,188
Genesys Telecommunications Laboratories, Inc. 10.00% 2024 575,000 639,688
Georgia-Pacific Corp. 2.539% 2019 7,000,000 6,958,532
Global SC Finance II SRL, Series 2013-1A, Class A, 2.98% 2028 127,083 125,291
Global SC Finance II SRL, Series 2014-1A, Class A1, 3.19% 2029 281,833 277,717
Global SC Finance II SRL, Series 2017-1A, Class A, 4.15% 2037 1,837,456 1,830,665
Gogo Inc. 12.50% 2022 14,775,000 16,658,813
Goldman Sachs Group, Inc. 1.95% 2019 3,900,000 3,857,447
Goldman Sachs Group, Inc. 2.55% 2019 4,000,000 3,979,424
Goldman Sachs Group, Inc. 2.875% 2021 231,000 228,755
Goldman Sachs Group, Inc. 2.905% 2023 7,000,000 6,812,414
Goldman Sachs Group, Inc. 3.00% 2022 4,750,000 4,665,441
Goldman Sachs Group, Inc. 3.20% 2023 6,032,000 5,949,512
Goldman Sachs Group, Inc. 3.50% 2025 280,000 274,776
Goldman Sachs Group, Inc. 3.6391% 2028 2,000,000 1,939,876
Goldman Sachs Group, Inc. 5.25% 2021 200,000 211,883
Government National Mortgage Assn. 3.50% 2048 25,000,000 25,230,575
Government National Mortgage Assn. 3.50% 2048 22,750,000 22,925,152
Government National Mortgage Assn. 4.00% 2048 25,000,000 25,690,250
Government National Mortgage Assn. 4.00% 2048 2,083,165 2,150,933
Government National Mortgage Assn. 4.00% 2048 16,303,193 16,833,553
Government National Mortgage Assn. 4.00% 2048 72,250,000 74,131,968
Government National Mortgage Assn. 4.50% 2048 16,000,000 16,602,864
Great Plains Energy Inc. 4.20% 2047 2,100,000 2,106,714
Groupe BPCE SA 2.75% 2023 2,250,000 2,172,647
Groupe BPCE SA 5.15% 2024 3,000,000 3,134,994
Groupe BPCE SA 5.70% 2023 4,460,000 4,787,591
H.I.G. Capital, LLC 6.75% 2024 2,366,000 2,356,418
HCA Inc. 5.25% 2026 875,000 888,563
HERSHEY COMPANY 4(2) CP 4/4/2018 25,000,000 24,992,708
HONEYWELL INTERNATIONAL INC 4(2) CP 4/26/2018 21,400,000 21,368,713
HONEYWELL INTERNATIONAL INC 4(2) CP 4/27/2018 50,000,000 49,923,950
HSBC Holdings PLC 3.262% 2023 3,000,000 2,961,786
HSBC Holdings PLC 4.25% 2024 3,000,000 3,018,537
HSBC Holdings PLC 4.30% 2026 200,000 205,293
Halliburton Co. 3.80% 2025 3,000,000 3,016,698
Hanesbrands Inc. 4.625% 2024 660,000 649,275
Hanesbrands Inc. 4.875% 2026 2,700,000 2,632,500
Hardwoods Acquisition Inc 7.50% 2021 2,378,000 2,175,870
Healthsouth Corp. 5.75% 2024 6,850,000 6,987,000
Healthsouth Corp. 5.75% 2025 3,285,000 3,367,125
Hertz Global Holdings Inc. 7.625% 2022 6,650,000 6,741,438
Hertz Vehicle Financing LLC, Rental Car Asset-backed Notes, Series 2013-1A, Class A2, 1.83% 2019 1,666,667 1,663,328
High-Speed Passenger Train G.O. Ref. Bonds, Series 2017-B, 2.193% 2047 (put 2020) 2,500,000 2,487,725
Holcim Ltd. 5.15% 2023 7,395,000 7,791,934
Home Depot, Inc. 1.80% 2020 3,415,000 3,355,309
Home Depot, Inc. 4.25% 2046 3,500,000 3,662,691
Hospitality Properties Trust 3.95% 2028 3,825,000 3,591,304
Hospitality Properties Trust 4.50% 2023 2,295,000 2,346,537
Hospitality Properties Trust 4.50% 2025 325,000 328,673
Hospitality Properties Trust 4.95% 2027 1,000,000 1,018,234
Host Hotels & Resorts LP 4.50% 2026 705,000 714,463
Housing Dev. Agcy., Residential Fin. Program Bonds, Series 2013-2-A, AMT, 4.00% 2043 20,000 20,619
Housing Dev. Auth., Homeownership Mortgage Bonds, Series 2014-F, 4.00% 2034 15,000 15,246
Housing Fin. Agcy., Homeownership Fin. Bonds (GNMA and FNMA Pass-Through Program), Series 2013-A, 2.35% 2043 29,492 28,174
Housing Fin. Agcy., Residential Housing Fin. Bonds, Series 2013-A, AMT, 3.00% 2031 10,000 10,080
Housing Fin. Agcy., Residential Housing Fin. Bonds, Series 2014-A, 4.00% 2038 220,000 229,480
Housing Fin. Agcy., Single Family Housing Rev. Bonds, Series 167, 4.00% 2043 10,000 10,290
Housing Fin. Auth., Housing Mortgage Fin. Program Bonds, Series 2014-A-1, 4.00% 2044 65,000 67,484
Housing Fin. Auth., Housing Mortgage Fin. Program Bonds, Series 2014-C-1, 4.00% 2044 95,000 98,893
Housing Fin. Auth., Mortgage Rev. Ref. Bonds, AMT, 4.0% 2041 55,000 57,213
Huntsman International LLC 4.875% 2020 4,935,000 5,046,038
IBM CREDIT LLC 4(2) CP 4/24/2018 74,600,000 74,499,439
INTEL CORPORATION CP 5/24/2018 20,000,000 19,940,320
Icahn Enterprises Finance Corp. 6.25% 2022 4,150,000 4,233,000
Imperial Tobacco Finance PLC 3.50% 2023 4,000,000 3,958,532
Infor Software 7.875% 2021 1,275,000 1,292,531
Inmarsat PLC 4.875% 2022 7,775,000 7,600,063
Inmarsat PLC 6.50% 2024 3,475,000 3,535,813
Intelsat Jackson Holding Co. 6.625% 2024 1,400,000 1,423,334
Intelsat Jackson Holding Co. 7.50% 2021 2,795,000 2,543,450
Intelsat Jackson Holding Co. 8.00% 2024 4,275,000 4,504,781
Intercontinentalexchange, Inc. 2.50% 2018 4,000,000 4,000,498
International Paper Co. 7.30% 2039 2,005,000 2,630,883
Intesa Sanpaolo SpA 3.375% 2023 1,500,000 1,465,463
Intesa Sanpaolo SpA 3.875% 2028 1,500,000 1,416,597
Intesa Sanpaolo SpA 5.017% 2024 3,980,000 3,929,259
Investment Fin. Auth., Single Family Housing Rev. Bonds, Series 2013-A, 3.00% 2043 15,000 15,186
Investment Fin. Auth., Single Family Housing Rev. Bonds, Series 2013-C, 4.50% 2043 10,000 10,070
Iron Mountain Inc. 4.875% 2027 1,780,000 1,659,850
JPMorgan Chase & Co. 2.55% 2020 2,750,000 2,716,489
JPMorgan Chase & Co. 2.55% 2021 497,000 489,251
JPMorgan Chase & Co. 2.70% 2023 125,000 120,639
JPMorgan Chase & Co. 3.25% 2022 180,000 179,521
JPMorgan Chase & Co. 3.509% 2029 4,000,000 3,884,796
JPMorgan Chase & Co. 3.54% 2028 3,000,000 2,932,854
JPMorgan Chase & Co., Series Z, junior subordinated 5.30% (undated) 3,200,000 3,294,400
Jaguar Holding Co. 6.375% 2023 1,600,000 1,622,000
Johnson & Johnson 2.45% 2026 1,285,000 1,211,398
Johnson & Johnson 3.625% 2037 1,000,000 996,057
Johnson & Johnson 3.75% 2047 750,000 751,105
Johnson & Johnson, 2.25% 2022 3,750,000 3,671,198
Jonah Energy LLC 7.25% 2025 1,475,000 1,334,875
Jupiter Resources Inc. 8.50% 2022 1,500,000 697,500
KIMBERLY CLARK CORP 4(2) CP 4/11/2018 79,000,000 78,949,045
KfW 2.125% 2022 375,000 366,409
Kinder Morgan Energy Partners, LP 3.50% 2021 40,000 40,046
Kinder Morgan Energy Partners, LP 5.40% 2044 1,380,000 1,399,941
Kinder Morgan Energy Partners, LP 5.50% 2044 3,578,000 3,663,879
Kinder Morgan Finance Co. 5.05% 2046 1,500,000 1,473,983
Kinder Morgan, Inc. 3.05% 2019 2,520,000 2,514,579
Kinder Morgan, Inc. 4.30% 2028 7,375,000 7,359,446
Kinder Morgan, Inc. 5.20% 2048 4,240,000 4,277,367
Kinder Morgan, Inc. 5.55% 2045 1,000,000 1,053,737
Kinetic Concepts, Inc. 12.50% 2021 2,430,000 2,758,050
Kratos Defense & Security Solutions, Inc. 6.50% 2025 620,000 642,475
Kronos Inc., Term Loan B, (3-month USD-LIBOR + 8.25%) 10.023% 2024 3,000,000 3,118,749
LB-UBS Commercial Mortgage Trust, Series 2007-C6, Class AM, 6.114% 2040 1,389,627 1,388,519
LSC Communications, Inc. 8.75% 2023 3,475,000 3,588,980
Landwirtschaftliche Rentenbank 1.75% 2019 130,000 129,255
Liberty Global PLC 5.50% 2028 2,725,000 2,520,625
Ligado Networks, Term Loan, (3-month USD-LIBOR + 8.75%) 10.785% 2020 12,446,142 11,185,970
Limited Brands, Inc. 5.25% 2028 1,160,000 1,094,750
Limited Brands, Inc. 6.875% 2035 885,000 862,875
Lloyds Banking Group PLC 2.907% 2023 1,525,000 1,471,222
Lloyds Banking Group PLC 3.00% 2022 4,000,000 3,939,808
Lloyds Banking Group PLC 4.375% 2028 2,150,000 2,174,329
Lloyds Banking Group PLC 4.582% 2025 1,500,000 1,503,479
Lockheed Martin Corp. 2.50% 2020 6,015,000 5,962,868
Lockheed Martin Corp. 3.10% 2023 545,000 542,129
Lockheed Martin Corp. 3.55% 2026 8,490,000 8,428,397
Lowe's Companies, Inc. 2.50% 2026 2,720,000 2,522,008
MASTR Alternative Loan Trust, Series 2004-2, Class 2A1, 6.00% 2034 914,588 975,142
MPLX LP 4.00% 2028 2,615,000 2,581,876
MPLX LP 4.125% 2027 2,680,000 2,666,072
MPLX LP 4.50% 2038 3,000,000 2,951,478
Madison Park Funding Ltd., CLO, Series 2014-13A, Class AR, (3-month USD-LIBOR + 1.11%) 2.849% 2025 6,800,000 6,807,956
Mallinckrodt PLC 4.875% 2020 5,360,000 5,118,800
Manitoba (Province of) 3.05% 2024 2,600,000 2,601,794
Marathon Oil Corp. 4.40% 2027 4,615,000 4,691,480
McAfee, LLC, Term Loan, (3-month USD-LIBOR + 4.50%) 6.377% 2024 3,002,830 3,036,237
McDonald's Corp. 2.625% 2022 1,105,000 1,088,466
McDonald's Corp. 2.75% 2020 1,750,000 1,742,190
McDonald's Corp. 3.35% 2023 820,000 825,183
McDonald's Corp. 3.50% 2027 830,000 821,756
McDonald's Corp. 4.45% 2047 545,000 564,969
McDonald's Corp. 4.875% 2045 1,600,000 1,740,806
Medtronic, Inc. 3.35% 2027 1,500,000 1,481,040
Medtronic, Inc. 3.50% 2025 3,000,000 2,999,904
Medtronic, Inc. 4.375% 2035 4,537,000 4,816,094
Medtronic, Inc. 4.625% 2045 3,260,000 3,572,856
Meredith Corp. 6.875% 2026 1,675,000 1,723,156
Meritage Homes Corp. 5.125% 2027 2,675,000 2,534,563
MetroPCS Wireless, Inc. 6.625% 2023 3,850,000 3,977,551
Metropolitan Life Global Funding I 1.55% 2019 3,500,000 3,440,843
Metropolitan Life Global Funding I 1.95% 2021 2,500,000 2,401,093
Metropolitan Life Global Funding I 2.50% 2020 8,000,000 7,889,440
Microsoft Corp. 4.10% 2037 1,000,000 1,057,849
Microsoft Corp. 4.20% 2035 6,000,000 6,433,194
MidAmerican Energy Co. 3.10% 2027 2,000,000 1,943,980
MidAmerican Energy Holdings Co. 2.40% 2019 1,500,000 1,495,182
Molina Healthcare, Inc. 4.875% 2025 4,725,000 4,429,688
Molina Healthcare, Inc. 5.375% 2022 8,985,000 8,917,613
Molson Coors Brewing Co. 1.45% 2019 425,000 417,254
Molson Coors Brewing Co. 1.90% 2019 2,015,000 1,995,745
Molson Coors Brewing Co. 2.10% 2021 165,000 158,417
Molson Coors Brewing Co. 2.25% 2020 1,725,000 1,700,740
Molson Coors Brewing Co. 3.00% 2026 460,000 425,707
Molson Coors Brewing Co. 4.20% 2046 2,250,000 2,131,472
Morgan Stanley 2.50% 2021 3,000,000 2,940,249
Morgan Stanley 3.625% 2027 2,775,000 2,717,469
Morgan Stanley 3.772% 2029 3,000,000 2,955,063
Morgan Stanley 3.875% 2026 2,650,000 2,648,802
Morgan Stanley Bank of America Merrill Lynch Trust, Series 2015-C22, Class ASB, 3.04% 2048 1,180,000 1,176,816
Morgan Stanley Bank of America Merrill Lynch Trust, Series 2015-C27, Class ASB, 3.557% 2047 1,000,000 1,019,744
Morgan Stanley Capital I Trust, Series 2014-CPT, Class A, 3.35% 2021 2,650,000 2,676,590
Mosaic Co. 3.25% 2022 2,250,000 2,204,516
Mosaic Co. 4.05% 2027 2,125,000 2,075,190
NBC Universal Enterprise, Inc. 1.974% 2019 100,000 99,278
NGL Energy Partners LP 6.125% 2025 7,435,000 7,119,013
NGL Energy Partners LP 6.875% 2021 7,490,000 7,499,363
NRG Energy, Inc. 6.25% 2022 4,300,000 4,449,210
National Australia Bank Ltd. 1.375% 2019 975,000 959,046
National Australia Bank Ltd. 1.875% 2021 975,000 936,778
National Rural Utilities Cooperative Finance Corp. 3.05% 2027 6,000,000 5,776,674
Nationstar HECM Loan Trust, Series 2017-1A, Class A, 1.9679 % 2027 288,380 287,726
Nationstar HECM Loan Trust, Series 2017-1A, Class M1, 2.9419% 2027 420,000 417,018
Nationstar HECM Loan Trust, Series 2018-1A, Class A, 2.76% 2028 886,849 887,958
Navient Corp. 4.875% 2019 7,800,000 7,881,900
Navient Corp. 5.5% 2023 6,390,000 6,302,138
Navient Corp. 6.125% 2024 2,890,000 2,893,613
Navient Corp. 6.50% 2022 3,325,000 3,441,375
Neiman Marcus Group LTD Inc., Term Loan B, (3-month USD-LIBOR + 3.25%) 4.941% 2020 1,122,987 973,138
New York Life Global Funding 1.50% 2019 1,525,000 1,495,984
New York Life Global Funding 1.70% 2021 1,500,000 1,427,922
New York Life Global Funding 2.35% 2026 1,190,000 1,093,586
Newell Rubbermaid Inc. 2.60% 2019 188,000 187,183
Newell Rubbermaid Inc. 3.15% 2021 2,050,000 2,032,218
NiSource Finance Corp. 2.65% 2022 675,000 653,719
Noble Corp. PLC 7.95% 2025 3,175,000 2,825,750
Noble Corp. PLC 8.95% 2045 3,525,000 2,925,750
Noble Energy, Inc. 3.85% 2028 7,735,000 7,615,301
Noble Energy, Inc. 4.95% 2047 1,050,000 1,096,329
Nordea Bank AB 2.50% 2020 4,450,000 4,382,952
Northern States Power Co. 4.125% 2044 6,000,000 6,253,074
Northrop Grumman Corp., 2.93% 2025 3,645,000 3,498,336
Northrop Grumman Corp., 3.25% 2028 4,495,000 4,296,393
Nova Chemicals Corp 5.25% 2027 3,850,000 3,667,125
Novelis Corp. 5.875% 2026 2,600,000 2,567,500
Ontario (Province of) 2.55% 2021 6,300,000 6,268,374
Oracle Corp. 2.65% 2026 2,000,000 1,870,868
Orange SA 1.625% 2019 2,250,000 2,204,066
Orange SA 5.50% 2044 3,000,000 3,516,804
PFIZER INC 4(2) CP 4/13/2018 17,700,000 17,686,991
PFIZER INC 4(2) CP 6/25/2018 50,000,000 49,754,450
PNC Bank 1.45% 2019 3,340,000 3,281,577
PNC Bank 2.30% 2020 250,000 246,292
PNC Bank 2.55% 2021 8,000,000 7,813,504
PNC Financial Services Group, Inc. 2.854% 2022 1,445,000 1,422,360
PNC Financial Services Group, Inc. 3.90% 2024 2,000,000 2,022,272
PRIVATE EXPORT FUND CORP 4(2) CP 4/23/2018 25,000,000 24,967,325
PROCTER & GAMBLE 4(2) CP 4/20/2018 76,100,000 76,015,529
PROCTER & GAMBLE 4(2) CP 4/26/2018 41,300,000 41,240,239
PacifiCorp., First Mortgage Bonds, 3.60% 2024 6,695,000 6,841,152
PacifiCorp., First Mortgage Bonds, 5.65% 2018 1,250,000 1,263,205
Pacific Gas and Electric Co. 3.25% 2023 1,220,000 1,201,522
Pacific Gas and Electric Co. 3.30% 2027 4,380,000 4,150,435
Pacific Gas and Electric Co. 3.30% 2027 1,545,000 1,469,026
Pacific Gas and Electric Co. 3.40% 2024 1,310,000 1,286,180
Pacific Gas and Electric Co. 3.85% 2023 6,929,000 7,060,984
Pacific Gas and Electric Co. 3.95% 2047 1,250,000 1,160,240
Peabody Energy Corp. 6.00% 2022 1,000,000 1,023,750
Peabody Energy Corp. 6.375% 2025 600,000 624,750
Petróleos Mexicanos 5.35% 2028 1,820,000 1,792,700
Petróleos Mexicanos 6.35% 2048 1,230,000 1,194,638
Petróleos Mexicanos 6.75% 2047 5,240,000 5,315,351
Petsmart, Inc. 5.875% 2025 15,995,000 11,636,363
Petsmart, Inc. 8.875% 2025 8,050,000 4,628,750
Philip Morris International Inc. 1.875% 2021 2,000,000 1,934,508
Philip Morris International Inc. 2.00% 2020 2,000,000 1,970,616
Philip Morris International Inc. 2.375% 2022 1,960,000 1,888,681
Philip Morris International Inc. 2.50% 2022 2,250,000 2,174,096
Philip Morris International Inc. 2.625% 2022 2,395,000 2,347,622
Philip Morris International Inc. 3.125% 2028 684,000 656,819
Philip Morris International Inc. 3.25% 2024 6,109,000 5,976,569
Philip Morris International Inc. 4.25% 2044 2,050,000 2,057,027
Phillips 66 3.90% 2028 1,645,000 1,641,217
Phillips 66 Partners LP 3.55% 2026 335,000 319,170
Phillips 66 Partners LP 3.75% 2028 1,055,000 1,019,627
Phillips 66 Partners LP 4.68% 2045 800,000 781,930
Phillips 66 Partners LP 4.90% 2046 5,975,000 6,010,760
Pioneer Natural Resources Co. 3.45% 2021 3,345,000 3,367,432
Pisces Parent, LLC 8.00% 2026 1,895,000 1,895,000
Ply Gem Industries, Inc. 6.50% 2022 3,550,000 3,668,304
Procter & Gamble Co. 1.70% 2021 825,000 795,090
Prudential Financial, Inc. 3.50% 2024 4,000,000 3,993,124
Public Service Co. of Colorado 2.25% 2022 2,000,000 1,938,270
Public Service Enterprise Group Inc. 2.25% 2026 385,000 351,772
Public Service Enterprise Group Inc. 2.65% 2022 1,900,000 1,848,151
Public Storage 2.37% 2022 1,115,000 1,073,970
Puget Energy, Inc. 3.65% 2025 3,135,000 3,111,509
Puget Energy, Inc. 5.625% 2022 1,965,000 2,113,452
Puget Energy, Inc. 6.00% 2021 1,823,000 1,978,719
Puget Energy, Inc. 6.50% 2020 1,245,000 1,343,567
QGOG Constellation SA 9.50% 2024 851,204 414,962
Quebec (Province of) 2.375% 2022 6,232,000 6,127,240
Quebec (Province of) 2.75% 2027 9,000,000 8,705,070
Quintiles Transnational Corp. 4.875% 2023 2,475,000 2,533,781
R.R. Donnelley & Sons Co. 6.50% 2023 3,310,000 3,276,900
R.R. Donnelley & Sons Co. 7.875% 2021 4,625,000 4,821,331
Rabobank Nederland 1.375% 2019 4,140,000 4,056,935
Rabobank Nederland 2.75% 2022 2,825,000 2,773,673
Rabobank Nederland 4.375% 2025 5,500,000 5,560,896
Rayonier Advanced Materials Inc. 5.50% 2024 3,304,000 3,254,440
Reckitt Benckiser Group PLC 2.375% 2022 2,275,000 2,184,723
Reynolds American Inc. 3.25% 2020 1,035,000 1,035,512
Reynolds American Inc. 4.00% 2022 1,035,000 1,053,613
Reynolds American Inc. 4.45% 2025 5,705,000 5,874,239
Reynolds American Inc. 5.70% 2035 755,000 860,344
Reynolds American Inc. 5.85% 2045 2,030,000 2,379,564
Reynolds Group Inc. 5.75% 2020 3,629,308 3,679,211
Roche Holdings, Inc. 1.75% 2022 2,340,000 2,240,080
Roche Holdings, Inc. 2.875% 2021 8,625,000 8,599,436
Roche Holdings, Inc. 3.00% 2025 6,000,000 5,869,032
Roche Holdings, Inc. 3.35% 2024 1,200,000 1,206,006
Rockwell Collins, Inc. 1.95% 2019 1,125,000 1,113,033
Rockwell Collins, Inc. 2.80% 2022 3,025,000 2,950,800
Rockwell Collins, Inc. 3.20% 2024 2,275,000 2,213,336
Roper Technologies, Inc. 2.80% 2021 2,065,000 2,032,677
Roper Technologies, Inc. 3.80% 2026 835,000 832,551
Rotech Healthcare Inc., Term Loan A, (3-month USD-LIBOR + 4.25%) 0% 2018 2,960,500 2,945,698
Rotech Healthcare Inc., Term Loan B, (3-month USD-LIBOR + 8.75%) 0% 2019 2,400,000 2,388,000
Rotech Healthcare Inc., Term Loan, (3-month USD-LIBOR + 11.00%) 13.313% 2020 7,303,505 6,865,259
Royal Bank of Canada 1.875% 2020 7,000,000 6,892,291
Ryerson Inc. 11.00% 2022 6,190,000 6,839,950
SM Energy Co. 5.625% 2025 3,300,000 3,143,250
SM Energy Co. 6.50% 2021 1,325,000 1,341,563
SOCIETE GENERALE 4(2) CP 4/2/2018 8,250,000 8,248,515
Sabine Pass Liquefaction, LLC 4.20% 2028 12,540,000 12,365,920
Sabine Pass Liquefaction, LLC 5.875% 2026 1,235,000 1,351,230
Sales Tax Securitization Corp., Sales Tax Rev. Ref. Bonds, Series 2017-B, 3.587% 2043 2,000,000 1,918,080
Sally Holdings LLC and Sally Capital Inc. 5.625% 2025 4,090,000 4,064,438
Santander Drive Auto Receivables Trust, Series 2015-3, Class C, 2.74% 2021 4,834,728 4,836,410
Santander Drive Auto Receivables Trust, Series 2015-4, Class C, 2.97% 2021 300,000 300,562
Santander Drive Auto Receivables Trust, Series 2016-1, Class B, 2.47% 2020 81,784 81,760
Santander Drive Auto Receivables Trust, Series 2017-1, Class A2, 1.49% 2020 164,602 164,414
Santander Drive Auto Receivables Trust, Series 2017-1, Class A3, 1.77% 2020 1,255,000 1,251,155
Santander Drive Auto Receivables Trust, Series 2017-1, Class B, 2.10% 2021 740,000 736,733
Santander Drive Auto Receivables Trust, Series 2017-1, Class C, 2.58% 2022 740,000 735,354
Saudi Arabia (Kingdom of) 2.875% 2023 1,320,000 1,272,285
Saudi Arabia (Kingdom of) 3.625% 2028 2,060,000 1,959,655
Saudi Arabia (Kingdom of) 4.625% 2047 1,330,000 1,271,210
Scentre Group 3.25% 2025 2,000,000 1,920,540
Scentre Group 3.75% 2027 2,930,000 2,889,434
Scentre Group, 3.50% 2025 4,075,000 4,023,341
Schlumberger BV 3.625% 2022 2,800,000 2,830,089
Schlumberger BV 4.00% 2025 120,000 122,152
Sequoia Mortgage Trust, Series 2018-CH1, Class A1, 4% 2048 5,250,385 5,336,817
Shelf Drilling, Ltd. 8.25% 2025 2,375,000 2,389,844
Shell International Finance BV 2.25% 2020 1,965,000 1,938,003
Sherwin-Williams Co. 2.25% 2020 2,250,000 2,213,516
Sherwin-Williams Co. 2.75% 2022 1,185,000 1,154,938
Sherwin-Williams Co. 3.125% 2024 550,000 532,289
Sherwin-Williams Co. 3.45% 2027 1,395,000 1,335,919
Shire PLC 1.90% 2019 2,130,000 2,095,417
Shire PLC 2.40% 2021 6,465,000 6,245,953
Shire PLC 2.875% 2023 2,500,000 2,388,768
Shire PLC 3.20% 2026 1,500,000 1,400,331
Siemens AG 2.70% 2022 3,360,000 3,306,472
Sierra Pacific Power Co., General and Refunding Mortgage Notes, Series T, 3.375% 2023 3,500,000 3,548,076
Sirius XM Radio Inc 3.875% 2022 2,175,000 2,098,875
Skandinaviska Enskilda Banken AB 1.875% 2021 3,350,000 3,198,955
Skandinaviska Enskilda Banken AB 2.375% 2019 2,400,000 2,393,491
Skandinaviska Enskilda Banken AB 2.625% 2021 250,000 246,370
Skandinaviska Enskilda Banken AB 2.80% 2022 1,400,000 1,374,176
SoftBank Group Corp. 4.50% 2020 12,990,000 13,279,677
Sound Point CLO Ltd, Series 2013-2A, Class A1R, CLO, (3-month USD-LIBOR + 0.99%) 2.71% 2025 2,557,340 2,560,153
South Carolina Electric & Gas Co. 4.10% 2046 2,595,000 2,497,950
Southwestern Energy Co. 4.10% 2022 10,660,000 10,260,250
Staples Inc. 8.50% 2025 1,475,000 1,368,063
Starbucks Corp. 3.10% 2023 2,688,000 2,694,946
Starbucks Corp. 3.75% 2047 875,000 844,540
Starwood Property Trust, Inc. 5.00% 2021 2,550,000 2,607,375
Statoil ASA 2.75% 2021 1,925,000 1,907,821
Statoil ASA 3.25% 2024 2,850,000 2,824,843
Statoil ASA 4.25% 2041 2,000,000 2,100,832
Sunoco LP 4.875% 2023 990,000 956,588
Svenska Handelsbanken AB 1.95% 2020 1,714,000 1,670,763
Svenska Handelsbanken AB 2.40% 2020 1,100,000 1,081,253
Symphony CLO Ltd, Series 2013-12A, Class AR, CLO, (3-month USD-LIBOR + 1.03%) 2.752% 2025 8,710,444 8,720,026
T-Mobile US, Inc. 6.50% 2026 275,000 292,875
TAL Advantage V LLC, Series 2013-2A, Class A, 3.55% 2038 1,484,667 1,477,616
TAL Advantage V LLC, Series 2014-1A, Class A, 3.51% 2039 1,360,833 1,357,788
Talen Energy Corp. 10.50% 2026 675,000 583,031
Talen Energy Corp. 9.50% 2022 2,795,000 2,725,125
Tampa Electric Co. 4.35% 2044 3,805,000 3,948,551
Targa Resources Partners LP 4.125% 2019 6,255,000 6,286,275
Targa Resources Partners LP 6.75% 2024 2,065,000 2,191,440
Team Health Holdings, Inc. 6.375% 2025 4,660,000 4,019,716
Teekay Corp. 8.50% 2020 15,180,000 15,787,200
Tenet Healthcare Corp. 4.375% 2021 3,650,000 3,604,375
Tenet Healthcare Corp. 4.50% 2021 4,075,000 4,059,719
Tenet Healthcare Corp. 4.625% 2024 3,153,000 3,042,645
Tenet Healthcare Corp. 4.75% 2020 3,290,000 3,331,125
Tenet Healthcare Corp., 6.00% 2020 10,905,000 11,313,938
Teva Pharmaceutical Finance Company BV 2.20% 2021 7,965,000 7,176,680
Teva Pharmaceutical Finance Company BV 2.80% 2023 8,286,000 7,026,387
Teva Pharmaceutical Finance Company BV 3.15% 2026 24,078,000 19,351,416
Teva Pharmaceutical Finance Company BV 4.10% 2046 3,550,000 2,616,041
Teva Pharmaceutical Finance Company BV 6.00% 2024 1,780,000 1,730,076
Teva Pharmaceutical Finance Company BV 6.75% 2028 865,000 854,982
Thermo Fisher Scientific Inc. 2.40% 2019 4,025,000 4,011,363
Thermo Fisher Scientific Inc. 4.15% 2024 2,000,000 2,056,288
Time Warner Inc. 3.80% 2027 605,000 585,639
Towd Point Mortgage Trust, Series 2017-1, Class A1, 2.75% 2056 5,025,317 4,982,782
Towd Point Mortgage Trust, Series 2017-4, Class A1, 2.75% 2057 3,065,105 3,030,366
Toyota Motor Credit Corp. 3.05% 2028 2,430,000 2,355,073
TransCanada Corp. 6.50% 2018 475,000 481,971
TransCanada Corp. 7.625% 2039 5,000,000 6,951,725
Transocean Inc. 9.00% 2023 2,306,000 2,461,655
Travelers Companies, Inc. 4.00% 2047 1,735,000 1,732,156
Trilogy International Partners, LLC 8.875% 2022 7,250,000 7,449,375
Triton Container Finance LLC, Series 2017-1A, Class A, 3.52% 2042 2,264,722 2,242,113
Triton Container Finance LLC, Series 2017-2A, Class A, 3.62% 2042 1,938,942 1,916,590
U S TREASURY BILL 4/12/2018 19,800,000 19,790,892
U S TREASURY BILL 4/19/2018 110,000,000 109,915,300
U S TREASURY BILL 5/03/2018 15,000,000 14,978,700
U S TREASURY BILL 6/14/2018 50,000,000 49,832,500
U S TREASURY BILL 6/21/2018 25,000,000 24,907,250
U S TREASURY BILL 7/19/2018 250,000,000 248,635,000
U S TREASURY BILL 7/26/2018 129,500,000 128,769,620
U S TREASURY BILL 7/5/2018 20,000,000 19,910,600
U S TREASURY BILL 8/2/2018 83,500,000 82,996,495
U.S. Treasury 0.875% 2019 40,000,000 39,235,600
U.S. Treasury 1.125% 2019 35,000,000 34,692,700
U.S. Treasury 1.125% 2021 42,000,000 40,183,920
U.S. Treasury 1.25% 2019 5,000,000 4,951,450
U.S. Treasury 1.25% 2019 7,500,000 7,434,975
U.S. Treasury 1.25% 2020 78,000,000 76,518,780
U.S. Treasury 1.25% 2020 318,117,000 312,368,626
U.S. Treasury 1.375% 2019 4,500,000 4,433,220
U.S. Treasury 1.375% 2020 61,500,000 60,407,145
U.S. Treasury 1.375% 2020 55,000,000 54,095,250
U.S. Treasury 1.375% 2021 49,410,000 48,049,249
U.S. Treasury 1.375% 2021 13,500,000 13,089,735
U.S. Treasury 1.375% 2021 23,500,000 22,750,115
U.S. Treasury 1.375% 2023 5,000,000 4,692,750
U.S. Treasury 1.375% 2023 8,000,000 7,498,400
U.S. Treasury 1.50% 2019 400,000,000 398,016,000
U.S. Treasury 1.50% 2019 59,825,000 59,089,153
U.S. Treasury 1.50% 2020 500,000 491,410
U.S. Treasury 1.50% 2026 500,000 454,190
U.S. Treasury 1.625% 2020 125,000,000 123,020,000
U.S. Treasury 1.625% 2020 10,000,000 9,875,000
U.S. Treasury 1.625% 2023 5,000,000 4,769,350
U.S. Treasury 1.625% 2026 7,000,000 6,462,890
U.S. Treasury 1.625% 2026 1,500,000 1,380,690
U.S. Treasury 1.75% 2019 21,800,000 21,650,670
U.S. Treasury 1.75% 2021 9,500,000 9,260,030
U.S. Treasury 1.875% 2019 15,500,000 15,397,700
U.S. Treasury 1.875% 2022 100,000,000 97,676,000
U.S. Treasury 1.875% 2022 5,000,000 4,866,200
U.S. Treasury 1.875% 2022 8,000,000 7,775,280
U.S. Treasury 2.00% 2022 25,000,000 24,404,250
U.S. Treasury 2.00% 2024 12,000,000 11,562,600
U.S. Treasury 2.00% 2024 7,500,000 7,217,250
U.S. Treasury 2.00% 2025 44,800,000 42,703,808
U.S. Treasury 2.00% 2026 8,000,000 7,549,200
U.S. Treasury 2.125% 2022 47,000,000 46,100,420
U.S. Treasury 2.125% 2024 15,500,000 15,018,725
U.S. Treasury 2.125% 2024 10,000,000 9,713,700
U.S. Treasury 2.125% 2024 52,500,000 51,033,675
U.S. Treasury 2.125% 2024 10,250,000 9,918,515
U.S. Treasury 2.25% 2021 9,730,000 9,671,523
U.S. Treasury 2.25% 2023 5,000,000 4,900,600
U.S. Treasury 2.25% 2024 5,000,000 4,897,450
U.S. Treasury 2.25% 2024 8,000,000 7,795,920
U.S. Treasury 2.25% 2027 126,075,000 121,234,981
U.S. Treasury 2.25% 2027 54,000,000 51,749,820
U.S. Treasury 2.375% 2023 5,000,000 4,959,550
U.S. Treasury 2.375% 2024 70,000,000 68,826,800
U.S. Treasury 2.375% 2027 880,000 854,234
U.S. Treasury 2.50% 2023 9,684,000 9,655,239
U.S. Treasury 2.50% 2024 700,000 694,204
U.S. Treasury 2.50% 2025 25,000,000 24,721,750
U.S. Treasury 2.50% 2046 5,000,000 4,549,550
U.S. Treasury 2.75% 2028 6,672,000 6,678,272
U.S. Treasury 2.75% 2047 10,585,000 10,113,862
U.S. Treasury 2.875% 2046 147,158,000 144,264,874
U.S. Treasury 3.00% 2047 70,000,000 70,340,200
U.S. Treasury 3.00% 2047 28,460,000 28,589,208
U.S. Treasury 4.75% 2041 15,000,000 19,590,300
U.S. Treasury Inflation-Protected Security 0.125% 2021 39,119,652 38,806,502
U.S. Treasury Inflation-Protected Security 0.125% 2024 678,633 663,240
U.S. Treasury Inflation-Protected Security 0.125% 2026 20,684,400 19,891,560
U.S. Treasury Inflation-Protected Security 0.25% 2025 1,669,423 1,633,159
U.S. Treasury Inflation-Protected Security 0.375% 2025 16,046,583 15,852,160
U.S. Treasury Inflation-Protected Security 0.375% 2027 18,216,293 17,764,875
U.S. Treasury Inflation-Protected Security 0.375% 2027 5,067,150 4,947,250
U.S. Treasury Inflation-Protected Security 0.50% 2028 23,869,225 23,456,783
U.S. Treasury Inflation-Protected Security 0.625% 2024 216,943,707 218,168,643
U.S. Treasury Inflation-Protected Security 0.625% 2026 23,239,953 23,249,108
U.S. Treasury Inflation-Protected Security 0.75% 2042 18,858,772 18,366,534
U.S. Treasury Inflation-Protected Security 0.875% 2047 15,404,700 15,292,020
U.S. Treasury Inflation-Protected Security 1.00% 2046 5,231,300 5,356,955
U.S. Treasury Inflation-Protected Security 1.375% 2044 136,446,011 151,731,248
U.S. Treasury Inflation-Protected Security 2.375% 2025 197,276 220,965
UBS Group AG 4.125% 2025 2,750,000 2,766,374
UDR, Inc. 2.95% 2026 1,510,000 1,391,939
US Bancorp 2.375% 2026 5,250,000 4,769,410
US Bancorp 3.15% 2027 9,250,000 8,897,085
US Bancorp. 2.625% 2022 1,805,000 1,779,134
US Bancorp. 3.70% 2024 7,000,000 7,131,572
USA Compression Partners, LP 6.875% 2026 825,000 839,438
Ultra Petroleum Corp. 6.875% 2022 4,860,000 4,246,425
Ultra Petroleum Corp. 7.125% 2025 1,775,000 1,462,156
UniCredit SPA 3.75% 2022 8,350,000 8,294,489
UniCredit SPA 4.625% 2027 3,125,000 3,160,763
UniCredit SPA 5.861% 2032 3,050,000 3,104,016
Unisys Corp. 10.75% 2022 3,125,000 3,527,344
United Technologies Corp. 3.125% 2027 7,000,000 6,614,328
Vale SA 6.25% 2026 3,340,000 3,750,152
Valeant Pharmaceuticals International, Inc. 6.125% 2025 22,200,000 19,241,850
Valeant Pharmaceuticals International, Inc. 9.00% 2025 800,000 798,000
Valeant Pharmaceuticals International, Inc. 9.25% 2026 4,060,000 4,054,925
Venator Materials Corp. 5.75% 2025 1,060,000 1,062,650
Verizon Communications Inc. 4.125% 2046 2,228,000 2,009,578
Verizon Communications Inc. 4.40% 2034 2,627,000 2,598,636
Verizon Communications Inc. 4.50% 2033 2,000,000 2,028,278
Verizon Owner Trust, Series 2016-2A, Class A, 1.68% 2021 5,925,000 5,859,612
Verizon Owner Trust, Series 2017-1A, Class A, 2.06% 2021 8,215,000 8,136,958
Verizon Owner Trust, Series 2017-2A, Class A, 1.92% 2021 7,900,000 7,789,677
Vine Oil & Gas LP 8.75% 2023 2,500,000 2,337,500
Virgin Australia Holdings Ltd. 8.50% 2019 2,500,000 2,574,875
Virginia Electric and Power Co. 2.95% 2026 1,700,000 1,615,364
Virginia Electric and Power Co. 3.50% 2027 4,300,000 4,251,831
Visa Inc. 2.80% 2022 2,000,000 1,975,136
Visa Inc. 3.15% 2025 10,000,000 9,812,140
WAL-MART STORES 4(2) CP 4/2/2018 58,200,000 58,188,651
WEA Finance LLC 2.70% 2019 200,000 199,099
WEA Finance LLC 3.25% 2020 4,105,000 4,111,675
Wachovia Bank Commercial Mortgage Trust, Series 2007-C33, Class AM, 6.011% 2051 1,533,678 1,574,704
Walgreens Boots Alliance, Inc. 3.30% 2021 2,800,000 2,789,503
Warrior Met Coal, Inc. 8.00% 2024 1,975,000 2,014,500
Weatherford International PLC 4.50% 2022 5,370,000 4,483,950
Weatherford International PLC 6.50% 2036 7,595,000 5,449,413
Weatherford International PLC 6.75% 2040 7,825,000 5,594,875
Weatherford International PLC 8.25% 2023 5,800,000 5,060,500
Weatherford International PLC 9.875% 2024 1,000,000 917,500
Weatherford International PLC 9.875% 2025 2,550,000 2,306,985
Wells Fargo & Co. 2.50% 2021 7,500,000 7,365,533
Wells Fargo & Co. 3.00% 2026 4,200,000 3,944,905
Wells Fargo & Co. 3.069% 2023 5,500,000 5,410,323
Wells Fargo & Co. 3.584% 2028 700,000 683,375
Western Gas Partners LP 4.65% 2026 925,000 937,461
Westfield Corp. Ltd. 3.15% 2022 5,615,000 5,556,391
Westlake Automobile Receivables Trust, Series 2017-1A, Class A2, 1.78% 2020 516,782 515,693
Westlake Chemical Corp. 4.375% 2047 2,915,000 2,822,498
Westpac Banking Corp. 2.15% 2020 12,000,000 11,820,900
Westpac Banking Corp. 2.75% 2023 3,500,000 3,410,628
Wheels SPV 2 LLC, Series 2016-1A, Class A2, 1.59% 2025 491,936 489,356
Williams Partners LP 3.60% 2022 1,500,000 1,495,176
Williams Partners LP 4.30% 2024 160,000 162,326
Wind Tre SpA 5.00% 2026 6,500,000 5,555,810
Windstream Holdings, Inc. 8.75% 2024 8,876,000 5,303,410
World Financial Network Credit Card Master Note Trust, Series 2012-A, Class A, 3.14% 2023 14,170,000 14,231,441
World Financial Network Credit Card Master Note Trust, Series 2016-B, Class A, 1.44% 2022 4,000,000 3,983,596
World Financial Network Credit Card Master Note Trust, Series 2018-A, Class A, 3.07% 2024 7,000,000 7,016,240
Wynn Las Vegas, LLC and Wynn Capital Corp. 4.25% 2023 4,018,000 3,952,708
Wynn Las Vegas, LLC and Wynn Capital Corp. 5.25% 2027 1,400,000 1,375,500
Wynn Las Vegas, LLC and Wynn Capital Corp. 5.50% 2025 4,425,000 4,458,188
Ziggo Bond Finance BV 5.50% 2027 9,325,000 8,786,108
Zimmer Holdings, Inc. 3.15% 2022 6,070,000 5,986,859

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.