Portfolio Holdings - American Funds Insurance Series - Bond Fund | Capital Group

Portfolio Holdings

American Funds Insurance Series - Bond Fund

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

Equity Securities* Shares or Principal Amount Market Value Percent of Net Assets
Adelphia Recovery Trust, Series ACC-1 2,409,545 1,205 0.00
Corporate Risk Holdings Corp. 355 7 0.00
Corporate Risk Holdings I, Inc. 70,193 24,701 0.00
Cumulus Media Inc., Class B 13,561 146,459 0.00
Tribune Resources, Inc. 83,079 249,237 0.00
Tribune Resources, Inc., Class A, warrants, expire 2023 112,665 38,723 0.00
Tribune Resources, Inc., Class B, warrants, expire 2023 87,629 23,055 0.00
Tribune Resources, Inc., Class C, warrants, expire 2023 17,050 3,572 0.00
Ultra Petroleum Corp., warrants, expire 2025 8,750 2,188 0.00
Fixed-Income Securities* Shares or Principal Amount Market Value
3M Co. 2.25% 2023 542,000 525,514
3M Co. 3.625% 2028 7,315,000 7,457,372
ABN AMRO Bank NV 2.65% 2021 3,000,000 2,961,198
ACE INA Holdings Inc. 2.30% 2020 2,005,000 1,976,862
ACE INA Holdings Inc. 2.875% 2022 3,625,000 3,596,051
ACE INA Holdings Inc. 3.35% 2026 2,525,000 2,473,642
ACE INA Holdings Inc. 4.35% 2045 2,220,000 2,294,095
AEP Transmission Company LLC 4.25% 2048 165,000 166,918
AES Corp. 4.00% 2021 2,600,000 2,561,000
ARAMARK Corp. 5.125% 2024 1,200,000 1,191,000
AT&T Inc. (3-month USD-LIBOR + 1.18%) 3.956% 2024 3,560,000 3,455,685
AT&T Inc. 4.125% 2026 11,300,000 11,057,321
AXA Equitable Holdings, Inc. 3.90% 2023 2,215,000 2,189,565
AXA Equitable Holdings, Inc. 4.35% 2028 250,000 236,835
AXA SA 5.00% 2048 7,740,000 6,816,169
AbbVie Inc. 2.50% 2020 16,315,000 16,163,189
AbbVie Inc. 2.85% 2023 4,300,000 4,147,346
AbbVie Inc. 2.90% 2022 5,565,000 5,419,486
AbbVie Inc. 3.20% 2022 11,070,000 10,913,902
AbbVie Inc. 3.20% 2026 500,000 464,373
AbbVie Inc. 4.45% 2046 1,615,000 1,419,842
Abbott Laboratories 2.90% 2021 23,405,000 23,188,293
Abbott Laboratories 3.40% 2023 1,006,000 1,003,989
Abbott Laboratories 3.75% 2026 2,642,000 2,615,041
Abbott Laboratories 4.75% 2036 4,565,000 4,780,824
Abu Dhabi National Energy Co. PJSC (TAQA) 4.375% 2025 10,000,000 9,941,850
Abu Dhabi National Energy Co. PJSC (TAQA) 4.875% 2030 2,870,000 2,882,628
Airbus Group SE 2.70% 2023 2,120,000 2,065,009
Alexandria Real Estate Equities, Inc. 2.75% 2020 1,575,000 1,562,913
Alexandria Real Estate Equities, Inc. 3.95% 2028 1,485,000 1,437,830
Alexandria Real Estate Equities, Inc. 4.50% 2029 150,000 150,254
Allergan PLC 3.00% 2020 7,275,000 7,248,126
Allergan PLC 3.45% 2022 9,560,000 9,420,376
Allergan PLC 3.80% 2025 3,849,000 3,764,226
Allergan, Inc. 5.00% 2021 1,694,000 1,743,978
Alliant Energy Finance LLC 3.75% 2023 750,000 755,336
Alliant Energy Finance LLC 4.25% 2028 500,000 497,590
Ally Financial Inc. 4.25% 2021 34,100,000 33,593,956
Ally Financial Inc. 5.125% 2024 25,300,000 25,173,500
Ally Financial Inc. 8.00% 2031 12,895,000 14,345,688
Ally Financial Inc. 8.00% 2031 9,120,000 10,168,800
Altria Group, Inc. 2.85% 2022 4,800,000 4,611,542
Altria Group, Inc. 4.50% 2043 2,900,000 2,423,768
Ameren Corp. 4.50% 2049 2,875,000 3,052,094
AmeriCredit Automobile Receivables Trust, Series 2016-1, Class C, 2.89% 2022 1,985,000 1,978,821
AmeriCredit Automobile Receivables Trust, Series 2017-1, Class C, 2.71% 2022 5,970,000 5,917,237
American Campus Communities, Inc. 3.35% 2020 2,810,000 2,801,042
American Campus Communities, Inc. 3.625% 2027 305,000 287,374
American Campus Communities, Inc. 3.75% 2023 2,900,000 2,881,710
American Electric Power Co., Inc. 4.30% 2028 5,679,000 5,785,459
American Express Co. 2.20% 2020 14,400,000 14,143,666
American Express Co. 3.70% 2021 2,840,000 2,867,255
American International Group, Inc. 4.20% 2028 11,595,000 11,214,835
American International Group, Inc. 4.75% 2048 10,525,000 9,681,053
American Tower Corp. 3.40% 2019 7,225,000 7,229,299
Anadarko Petroleum Corp. 4.85% 2021 3,349,000 3,430,575
Anadarko Petroleum Corp. 5.55% 2026 9,920,000 10,409,244
Anadarko Petroleum Corp. 6.60% 2046 9,005,000 9,987,500
Anheuser-Busch Co./Inbev Worldwide 3.65% 2026 18,335,000 17,346,927
Anheuser-Busch Co./Inbev Worldwide 4.70% 2036 160,000 149,417
Anheuser-Busch Co./Inbev Worldwide 4.90% 2046 1,195,000 1,112,047
Anheuser-Busch InBev NV 2.65% 2021 2,723,000 2,677,790
Anheuser-Busch InBev NV 3.50% 2024 1,070,000 1,046,572
Anheuser-Busch InBev NV 4.60% 2048 4,341,000 3,911,870
Anthem, Inc. 4.101% 2028 8,000,000 7,860,544
Apple Inc. 1.55% 2021 11,630,000 11,280,146
Apple Inc. 2.90% 2027 12,500,000 11,789,375
Apple Inc. 3.00% 2024 170,000 167,993
Apple Inc. 3.20% 2027 510,000 493,005
Apple Inc. 3.35% 2027 502,000 491,632
Ascent Resources Marcellus Holdings, Inc., Term Loan B, (3-month USD-LIBOR + 6.50%) 8.887% 2023 91,667 92,010
Assicurazioni Generali SPA 10.125% 2042 (3-month EUR-EURIBOR + 9.181% on 7/10/2022) 3,800,000 5,399,610
Assicurazioni Generali SPA 7.75% 2042 (3-month EUR-EURIBOR + 7.113% on 12/12/2022) 3,100,000 4,144,632
AstraZeneca PLC 2.375% 2022 370,000 355,203
AstraZeneca PLC 3.375% 2025 3,330,000 3,223,107
AstraZeneca PLC 3.50% 2023 1,080,000 1,075,404
AstraZeneca PLC 4.00% 2029 5,920,000 5,843,158
Atlantic City Electric Co. 4.00% 2028 420,000 432,788
BB&T Corp. 2.45% 2020 5,000,000 4,966,165
BHP Billiton Finance Ltd. 6.25% 2075 (USD Semi Annual 30/360 (vs. 3M LIBOR) 5Y + 4.971% on 10/19/2020) 4,765,000 4,877,192
BNP Paribas 3.375% 2025 525,000 494,935
BNP Paribas 3.50% 2023 16,275,000 15,793,000
BNSF Funding Trust I 6.613% 2055 (3-month USD-LIBOR + 2.35% on 1/15/2026) 1,680,000 1,814,400
BP Capital Markets PLC 4.234% 2028 2,900,000 2,988,772
Baker Hughes, a GE Co. 3.337% 2027 1,000,000 921,688
Baker Hughes, a GE Co. 4.08% 2047 335,000 277,086
Bank of America Corp. 2.816% 2023 (3-month USD-LIBOR + 0.93% on 7/21/2022) 39,485,000 38,209,950
Bank of America Corp. 3.124% 2023 (3-month USD-LIBOR + 1.16% on 1/20/2022) 37,000,000 36,391,424
Bank of America Corp. 3.419% 2028 (3-month USD-LIBOR + 1.04% on 12/20/2027) 10,129,000 9,478,394
Bank of America Corp. 3.55% 2024 (3-month USD-LIBOR + 0.78% on 3/5/2023) 876,000 865,854
Bank of America Corp. 3.97% 2029 (3-month USD-LIBOR + 1.07% on 3/5/2028) 14,400,000 14,021,611
Bank of America Corp. 4.271% 2029 (3-month USD-LIBOR +1.31% on 07/23/2028) 9,976,000 9,946,810
Barclays Bank PLC 4.972% 2029 (3-month USD-LIBOR + 1.902% on 5/16/2028) 2,800,000 2,706,234
Baxalta Inc. 4.00% 2025 116,000 113,619
Bayer US Finance II LLC 3.875% 2023 23,658,000 23,253,117
Bayer US Finance II LLC 4.25% 2025 10,565,000 10,302,565
Bayer US Finance II LLC 4.375% 2028 12,841,000 12,291,932
Bayerische Motoren Werke AG 1.45% 2019 13,110,000 12,980,277
Becton, Dickinson and Co. 2.894% 2022 1,040,000 1,008,023
Becton, Dickinson and Co. 3.70% 2027 1,240,000 1,174,356
Becton, Dickinson and Co. 3.734% 2024 903,000 873,373
Becton, Dickinson and Co. 4.669% 2047 3,395,000 3,209,714
Berkshire Hathaway Energy Co. 4.50% 2045 5,895,000 5,907,662
Berkshire Hathaway Finance Corp. 4.20% 2048 9,095,000 9,072,681
Boardwalk Pipeline Partners, LP 3.375% 2023 1,900,000 1,847,826
Boston Scientific Corp. 2.85% 2020 470,000 467,025
Boston Scientific Corp. 3.375% 2022 700,000 696,019
Boston Scientific Corp. 3.85% 2025 500,000 492,781
Boston Scientific Corp. 6.00% 2020 3,575,000 3,665,837
British American Tobacco International Finance PLC 2.75% 2020 5,050,000 4,962,938
British American Tobacco International Finance PLC 3.50% 2022 3,520,000 3,446,520
British American Tobacco International Finance PLC 3.95% 2025 15,629,000 14,631,041
British American Tobacco PLC 2.764% 2022 465,000 439,599
British American Tobacco PLC 3.222% 2024 8,511,000 7,848,189
British American Tobacco PLC 3.557% 2027 11,560,000 10,286,724
British American Tobacco PLC 4.39% 2037 1,500,000 1,232,648
British American Tobacco PLC 4.54% 2047 2,100,000 1,679,853
Broadcom Ltd. 3.00% 2022 18,032,000 17,353,077
Broadcom Ltd. 3.50% 2028 975,000 846,832
Broadcom Ltd. 3.625% 2024 20,168,000 19,101,254
Broadcom Ltd. 3.875% 2027 22,685,000 20,398,465
CCO Holdings LLC and CCO Holdings Capital Corp. 3.579% 2020 6,505,000 6,499,360
CCO Holdings LLC and CCO Holdings Capital Corp. 3.75% 2028 750,000 680,143
CCO Holdings LLC and CCO Holdings Capital Corp. 4.20% 2028 985,000 924,650
CCO Holdings LLC and CCO Holdings Capital Corp. 4.50% 2024 500,000 499,768
CCO Holdings LLC and CCO Holdings Capital Corp. 5.125% 2027 4,800,000 4,482,720
CCO Holdings LLC and CCO Holdings Capital Corp. 5.375% 2047 6,515,000 5,931,315
CCO Holdings LLC and CCO Holdings Capital Corp. 5.75% 2048 12,670,000 11,919,226
CHARIOT FUNDING LLC 4(2) CP 2/19/2019 10,800,000 10,760,375
CHEVRON CORP 4(2) CP 2/4/2019 75,000,000 74,819,025
CME Group Inc. 4.15% 2048 575,000 584,707
CMS Energy Corp. 5.05% 2022 2,569,000 2,683,146
COCA-COLA COMPANY (THE) 4(2) CP 1/14/2019 25,000,000 24,975,975
CPS Auto Receivables Trust, Series 2017-B, Class C, 2.92% 2022 5,700,000 5,671,597
CSX Corp. 3.80% 2028 1,490,000 1,465,536
CSX Corp. 4.25% 2029 380,000 386,841
CSX Corp. 4.30% 2048 1,500,000 1,436,018
CSX Corp. 4.75% 2048 705,000 717,945
CVS Health Corp. 2.125% 2021 9,810,000 9,495,501
CVS Health Corp. 3.70% 2023 698,000 691,151
CVS Health Corp. 4.10% 2025 5,916,000 5,872,062
CVS Health Corp. 4.30% 2028 49,171,000 48,238,275
CVS Health Corp. 4.78% 2038 1,883,000 1,811,939
CVS Health Corp. 5.05% 2048 3,302,000 3,227,923
Canadian Natural Resources Ltd. 2.95% 2023 190,000 181,770
Canadian Natural Resources Ltd. 3.80% 2024 180,000 177,700
Canadian Natural Resources Ltd. 4.95% 2047 655,000 631,522
Capital One Financial Corp. 2.40% 2020 10,150,000 9,939,509
Capital One Financial Corp. 2.50% 2020 39,100,000 38,601,240
Capital One Financial Corp. 3.45% 2021 4,500,000 4,493,093
Capital One Financial Corp. 4.25% 2025 8,000,000 7,955,032
Cardinal Health, Inc. 4.368% 2047 199,000 170,335
Cenovus Energy Inc. 3.80% 2023 1,120,000 1,081,534
Cenovus Energy Inc. 4.25% 2027 16,430,000 14,998,306
Cenovus Energy Inc. 5.25% 2037 193,000 170,678
Cenovus Energy Inc. 5.40% 2047 24,893,000 21,585,990
Centene Corp. 4.75% 2022 200,000 198,250
Centene Corp. 4.75% 2025 325,000 311,188
Centene Corp. 5.375% 2026 16,685,000 16,267,875
Centene Corp. 5.625% 2021 1,780,000 1,788,900
Centene Corp. 6.125% 2024 375,000 384,844
CenterPoint Energy Transition Bond Co. III, LLC, Series 2008, Class A2, 5.234% 2023 639,469 647,601
CenterPoint Energy, Inc. 3.85% 2024 1,160,000 1,166,868
CenterPoint Energy, Inc. 4.25% 2028 150,000 152,393
CenturyLink, Inc. 7.50% 2024 5,000,000 4,837,500
Cheniere Energy, Inc. 7.00% 2024 410,000 433,575
Chevron Corp. 2.355% 2022 4,800,000 4,650,595
Chevron Corp. 2.498% 2022 605,000 593,569
Cigna Corp. 3.40% 2021 7,765,000 7,751,978
Cigna Corp. 4.125% 2025 2,645,000 2,646,423
Cigna Corp. 4.375% 2028 8,675,000 8,745,606
Cigna Corp. 4.80% 2038 1,330,000 1,322,983
Cigna Corp. 4.90% 2048 2,575,000 2,532,621
Cigna Corp.3.75% 2023 8,430,000 8,410,088
Citigroup Inc. 2.35% 2021 1,000,000 972,023
Citigroup Inc. 2.75% 2022 21,000,000 20,376,531
Citigroup Inc. 2.876% 2023 (3-month USD-LIBOR + 0.95% on 7/24/2022) 26,643,000 25,796,872
Citigroup Inc. 2.90% 2021 3,200,000 3,150,291
Citigroup Inc. 3.52% 2028 (3-month USD-LIBOR + 1.151% on 10/27/2027) 475,000 444,064
Citigroup Inc. 3.668% 2028 1,678,000 1,587,784
Citigroup Inc. 3.875% 2023 2,925,000 2,936,504
Citigroup Inc. 4.044% 2024 (3-month USD-LIBOR + 1.023% on 6/1/2023) 250,000 251,208
Citigroup Inc. 4.075% 2029 (3-month USD-LIBOR + 1.192% on 4/23/2028) 1,849,000 1,806,580
City of Chicago, Board of Education, Unlimited Tax G.O. Bonds (Dedicated Rev.), Series 2009-E, 6.138% 2039 28,100,000 26,755,134
City of Chicago, Board of Education, Unlimited Tax G.O. Bonds (Dedicated Rev.), Series 2010-D, 6.519% 2040 4,500,000 4,358,385
Columbia Pipeline Partners LP 5.80% 2045 1,410,000 1,519,000
Comcast Corp. 3.00% 2024 500,000 487,751
Comcast Corp. 3.15% 2028 7,870,000 7,404,537
Comcast Corp. 3.30% 2027 240,000 229,098
Comcast Corp. 3.70% 2024 2,245,000 2,260,138
Comcast Corp. 3.95% 2025 770,000 780,145
Comcast Corp. 4.00% 2047 670,000 605,345
Comcast Corp. 4.00% 2048 11,100,000 10,154,535
Comcast Corp. 4.15% 2028 5,325,000 5,416,851
Comcast Corp. 4.60% 2038 7,985,000 8,087,623
Comcast Corp. 4.70% 2048 7,670,000 7,822,786
Conagra Brands, Inc. 4.30% 2024 15,248,000 15,172,766
Conagra Brands, Inc. 4.6% 11-01-25 440,000 442,219
Conagra Brands, Inc. 4.85% 2028 1,850,000 1,823,854
Conagra Brands, Inc. 5.40% 2048 200,000 185,078
Concho Resources Inc. 4.30% 2028 8,660,000 8,492,888
Concho Resources Inc. 4.85% 2048 11,973,000 11,515,739
ConocoPhillips 4.95% 2026 454,000 486,499
Consolidated Edison Co. of New York, Inc. 3.875% 2047 9,200,000 8,518,409
Consolidated Edison Co. of New York, Inc. 4.50% 2058 500,000 485,662
Consolidated Edison Company of New York, Inc. 4.65% 2048 340,000 354,419
Constellation Brands, Inc. 2.25% 2020 8,000,000 7,849,288
Constellation Brands, Inc. 2.65% 2022 2,285,000 2,189,818
Constellation Brands, Inc. 3.20% 2023 540,000 524,112
Constellation Brands, Inc. 3.50% 2027 7,500,000 6,960,945
Constellation Brands, Inc. 3.60% 2028 1,280,000 1,181,748
Constellation Brands, Inc. 4.10% 2048 4,500,000 3,813,210
Consumers Energy Co. 3.25% 2046 3,665,000 3,114,796
Consumers Energy Co. 4.05% 2048 8,270,000 8,188,003
Consumers Energy Co. 4.35% 2049 1,891,000 1,971,876
Continental Airlines, Inc., Series 1999-1, Class A, 6.545% 2020 160,376 160,787
Continental Airlines, Inc., Series 1999-2, Class B, 7.566% 2021 378 393
Continental Airlines, Inc., Series 2000-1, Class A-1, 8.048% 2022 357,389 369,290
Continental Airlines, Inc., Series 2000-2, Class A1, 7.707% 2022 547,389 570,927
Continental Airlines, Inc., Series 2001-1, Class A-1, 6.703% 2022 50,042 53,295
Cooperatieve Rabobank U.A. 2.75% 2023 500,000 484,005
Corporate Office Properties LP 5.00% 2025 130,000 132,594
Corporate Office Properties LP 5.25% 2024 10,000 10,378
Credit Suisse Group AG 2.997% 2023 (3-month USD-LIBOR + 1.20% on 12/14/2022) 12,000,000 11,428,896
Credit Suisse Group AG 3.80% 2023 12,925,000 12,695,155
Credit Suisse Group AG 4.207% 2024 (3-month USD-LIBOR + 1.24% on 6/12/2023) 500,000 499,176
Cumulus Media New Holdings Inc., Term Loan, (3-month USD-LIBOR + 4.50%) 7.03% 2022 1,212,469 1,150,582
DCP Midstream Operating LP 4.95% 2022 500,000 496,250
DNB ASA 2.375% 2021 250,000 244,090
DTE Energy Co. 3.70% 2023 1,268,000 1,260,357
DaimlerChrysler North America Holding Corp. 2.85% 2022 500,000 488,572
DaimlerChrysler North America Holding Corp. 3.00% 2021 500,000 494,682
DaimlerChrysler North America Holding Corp. 3.25% 2024 755,000 728,085
DaimlerChrysler North America Holding Corp. 3.30% 2025 5,300,000 4,991,286
DaimlerChrysler North America Holding Corp. 3.35% 2023 2,000,000 1,973,736
Danske Bank AS 2.80% 2021 750,000 733,093
Danske Bank AS 3.875% 2023 1,800,000 1,734,534
Deck Chassis Acquisition Inc. 10.00% 2023 3,000,000 2,895,000
Deutsche Bank AG 2.85% 2019 5,700,000 5,666,250
Deutsche Bank AG 3.15% 2021 24,175,000 23,374,904
Deutsche Bank AG 3.95% 2023 8,500,000 8,032,364
Deutsche Bank AG 4.25% 2021 20,000,000 19,715,800
Deutsche Telekom International Finance BV 1.95% 2021 14,364,000 13,790,230
Deutsche Telekom International Finance BV 3.60% 2027 295,000 278,861
Deutsche Telekom International Finance BV 4.375% 2028 1,325,000 1,307,901
Devon Energy Corp. 5.00% 2045 2,500,000 2,224,510
Diamond Offshore Drilling, Inc. 4.875% 2043 3,375,000 1,906,875
Discover Financial Services 10.25% 2019 2,200,000 2,274,780
Discover Financial Services 3.35% 2023 15,850,000 15,441,450
Discover Financial Services 4.65% 2028 13,000,000 12,696,216
Discovery Communications, Inc. 2.95% 2023 4,185,000 4,011,469
Dominican Republic 5.95% 2027 8,100,000 8,100,000
Dominion Resources, Inc. 2.579% 2020 20,575,000 20,257,178
Dow Chemical Co. 4.55% 2025 300,000 305,774
Dow Chemical Co. 4.80% 2028 2,610,000 2,662,291
Dow Chemical Co. 5.55% 2048 700,000 710,227
DowDuPont Inc. 4.205% 2023 750,000 767,693
DowDuPont Inc. 5.419% 2048 860,000 898,012
DowDuPont, Inc 4.725% 2028 14,610,000 15,181,543
Drive Auto Receivables Trust, Series 2015-DA, Class C, 3.38% 2021 475,332 475,486
Drive Auto Receivables Trust, Series 2016-AA, Class C, 3.91% 2021 2,455,376 2,459,648
Drive Auto Receivables Trust, Series 2016-CA, Class C, 3.02% 2021 1,537,548 1,536,746
Drive Auto Receivables Trust, Series 2017-1, Class C, 2.84% 2022 10,000,000 9,988,350
Drive Auto Receivables Trust, Series 2017-2, Class C, 2.75% 2023 3,000,000 2,994,303
Drive Auto Receivables Trust, Series 2017-AA, Class C, 2.98% 2022 7,624,201 7,617,385
Drive Auto Receivables Trust, Series 2017-BA, Class C, 2.61% 2021 10,802,655 10,799,090
Drivetime Auto Owner Trust, Series 2016-3A, Class C, 3.15% 2022 600,504 600,483
Drivetime Auto Owner Trust, Series 2017-1A, Class C, 2.70% 2022 5,738,805 5,725,279
Drivetime Auto Owner Trust, Series 2017-3A, Class C, 3.01% 2023 6,000,000 5,991,972
Drivetime Auto Owner Trust, Series 2017-4A, Class C, 2.86% 2023 4,440,000 4,428,159
Duke Energy Carolinas, Inc. 3.95% 2028 725,000 743,984
Duke Energy Corp. 2.65% 2026 5,240,000 4,781,180
Duke Energy Corp. 3.75% 2024 3,826,000 3,836,154
Duke Energy Florida, LLC 3.40% 2046 6,445,000 5,585,198
Duke Energy Florida, LLC 3.80% 2028 780,000 787,735
Duke Energy Progress, LLC 3.70% 2028 4,225,000 4,275,599
EDP Finance BV 3.625% 2024 21,650,000 20,310,969
EMD Finance LLC 2.40% 2020 13,295,000 13,161,851
EMD Finance LLC 2.95% 2022 2,100,000 2,070,478
EMD Finance LLC 3.25% 2025 1,970,000 1,892,851
EQT Corp. 2.50% 2020 4,910,000 4,802,319
EQT Corp. 3.00% 2022 1,700,000 1,613,307
EQT Corp. 3.90% 2027 455,000 393,171
EXXON MOBIL CORPORATION CP 1/8/2019 40,000,000 39,978,600
Econ. Dev. Auth., School Facs. Construction Rev. Ref. Bonds, Series 2015-YY, 4.447% 2020 2,500,000 2,538,800
Electricité de France SA 2.15% 2019 145,000 144,915
Emera Inc. 6.75% 2076 (3-month USD-LIBOR + 5.44% on 6/15/2026) 1,950,000 1,963,494
Emera US Finance LP 2.70% 2021 954,000 929,891
Emera US Finance LP 3.55% 2026 495,000 470,396
Emera US Finance LP 4.75% 2046 2,495,000 2,411,153
EnLink Midstream Partners, LP 2.70% 2019 1,850,000 1,838,545
EnLink Midstream Partners, LP 5.05% 2045 1,015,000 797,338
EnLink Midstream Partners, LP 5.45% 2047 475,000 386,250
Enbridge Energy Partners, LP 4.20% 2021 6,325,000 6,414,322
Enbridge Energy Partners, LP 4.375% 2020 6,700,000 6,779,804
Enbridge Energy Partners, LP 5.20% 2020 5,055,000 5,163,905
Enbridge Energy Partners, LP 5.875% 2025 12,660,000 13,740,848
Enbridge Energy Partners, LP 7.375% 2045 27,526,000 34,243,362
Enbridge Energy Partners, LP 9.875% 2019 9,000,000 9,092,790
Enbridge Inc. 4.00% 2023 1,500,000 1,508,940
Enel Finance International SA 2.75% 2023 800,000 738,740
Enel Finance International SA 3.625% 2027 3,369,000 2,978,823
Enel Finance International SA 4.875% 2029 10,960,000 10,482,736
Enel Società per Azioni 8.75% 2073 1,000,000 1,025,000
Energy Transfer Partners, LP 4.15% 2020 1,000,000 1,006,250
Energy Transfer Partners, LP 4.20% 2023 2,860,000 2,821,439
Energy Transfer Partners, LP 4.20% 2027 45,000 42,066
Energy Transfer Partners, LP 4.95% 2028 4,559,000 4,477,882
Energy Transfer Partners, LP 5.30% 2047 10,534,000 9,327,299
Energy Transfer Partners, LP 5.40% 2047 5,940,000 5,346,202
Energy Transfer Partners, LP 6.00% 2048 1,118,000 1,093,733
Energy Transfer Partners, LP 6.125% 2045 11,780,000 11,571,176
Energy Transfer Partners, LP 6.25% (undated) (3-month USD-LIBOR + 4.028% on 2/15/2023) 7,850,000 6,584,188
Energy Transfer Partners, LP 6.625% 2049 (3-month USD-LIBOR + 4.155% on 2/15/2028) 500,000 413,438
Ensco PLC, 5.20% 2025 340,000 227,800
Ensco PLC, 5.75% 2044 80,000 45,110
Entergy Corp. 2.95% 2026 415,000 383,718
Entergy Louisiana, LLC 4.20% 2048 6,325,000 6,267,335
Enterprise Fleet Financing LLC, Series 2017-1, Class A2, 2.13% 2022 5,827,449 5,793,743
Equinix, Inc. 5.375% 2027 1,750,000 1,715,000
Equinor ASA 3.625% 2028 9,835,000 9,836,161
Essex Portfolio LP 3.25% 2023 335,000 328,087
Essex Portfolio LP 3.875% 2024 1,000,000 1,003,886
Eversource Energy 2.75% 2022 527,000 515,958
Eversource Energy 2.80% 2023 1,038,000 1,013,856
Eversource Energy 3.80% 2023 5,414,000 5,471,773
Eversource Energy 4.25% 2029 5,590,000 5,706,043
Exelon Corp. 3.40% 2026 1,570,000 1,495,756
Exeter Automobile Receivables Trust, Series 2015-1A, Class C, 4.10% 2020 3,144,878 3,150,979
Exeter Automobile Receivables Trust, Series 2015-3A, Class C, 4.83% 2021 934,037 941,210
Exeter Automobile Receivables Trust, Series 2017-3A, Class B, 2.81% 2022 8,100,000 8,046,702
Exxon Mobil Corp. 3.043% 2026 4,625,000 4,518,560
Exxon Mobil Corp. 4.114% 2046 1,948,000 1,989,549
FED HM LN BK BD 1/11/2019 75,000,000 74,954,940
FED HM LN BK BD 1/14/2019 14,500,000 14,488,388
FED HM LN BK BD 1/18/2019 45,000,000 44,951,760
FED HM LN BK BD 1/28/2019 49,200,000 49,113,305
FED HM LN BK BD 2/13/2019 150,000,000 149,566,890
FED HM LN BK BD 2/7/2019 75,700,000 75,515,292
FED HM LN BK DISC NT 3/6/2019 74,400,000 74,081,910
FED HM LN MTG CORP DISC NT 2/20/2019 44,900,000 44,750,667
FED NAT MTGE DISC NT 1/2/2019 3,200,000 3,199,186
Fannie Mae 2.125% 2026 11,910,000 11,394,773
Fannie Mae 2048 688,104 702,133
Fannie Mae 2048 1,324,864 1,351,874
Fannie Mae 2048 6,167,871 6,293,634
Fannie Mae 3.00% 2046 25,700,382 25,101,460
Fannie Mae 3.50% 2046 2,264,043 2,274,541
Fannie Mae 3.50% 2047 10,275,414 10,282,535
Fannie Mae 3.50% 2047 19,696,992 19,710,701
Fannie Mae 3.50% 2047 65,314,810 65,360,269
Fannie Mae 3.50% 2047 13,789,302 13,798,858
Fannie Mae 3.50% 2047 94,234,184 94,299,771
Fannie Mae 3.50% 2048 3,067,754 3,069,889
Fannie Mae 3.50% 2049 538,377,465 538,494,293
Fannie Mae 4.00% 2045 201,989 206,256
Fannie Mae 4.00% 2046 3,432,278 3,513,829
Fannie Mae 4.00% 2046 615,255 629,278
Fannie Mae 4.00% 2046 1,361,907 1,394,955
Fannie Mae 4.00% 2047 259,287 264,609
Fannie Mae 4.00% 2047 590,219 604,717
Fannie Mae 4.00% 2048 14,004,147 14,289,677
Fannie Mae 4.00% 2048 12,045,754 12,291,367
Fannie Mae 4.00% 2048 2,121,543 2,164,799
Fannie Mae 4.00% 2048 867,987 885,685
Fannie Mae 4.00% 2048 3,266,149 3,332,746
Fannie Mae 4.00% 2048 6,000,001 6,122,341
Fannie Mae 4.00% 2048 1,249,344 1,274,818
Fannie Mae 4.00% 2048 999,999 1,020,388
Fannie Mae 4.00% 2048 16,000,005 16,326,246
Fannie Mae 4.00% 2048 7,497,573 7,650,441
Fannie Mae 4.00% 2049 225,209,874 229,665,877
Fannie Mae 4.00% 2049 484,509 494,389
Fannie Mae 4.50% 2025 304,796 313,907
Fannie Mae 4.50% 2049 98,000,000 101,542,406
Fannie Mae 5.00% 2040 448,136 477,363
Fannie Mae 5.00% 2041 754,184 804,926
Fannie Mae 5.00% 2041 2,503,131 2,642,080
Fannie Mae 5.00% 2041 3,017,898 3,206,411
Fannie Mae 5.00% 2041 1,362,782 1,456,851
Fannie Mae 5.00% 2041 2,039,403 2,180,024
Fannie Mae 5.00% 2041 1,079,929 1,154,478
Fannie Mae 5.50% 2023 417,228 427,439
Fannie Mae 5.50% 2038 354,124 378,679
Fannie Mae 5.50% 2038 2,301,701 2,469,396
Fannie Mae 6.00% 2037 1,035,811 1,129,088
Fannie Mae 6.00% 2037 74,353 79,791
Fannie Mae Pool #924866 0% 2037 781,707 805,059
Fannie Mae, Series 2001-4, Class GA, 9.193% 2025 2,036 2,136
Fannie Mae, Series 2001-50, Class BA, 7.00% 2041 15,488 17,182
Fannie Mae, Series 2002-W1, Class 2A, 7.5% 2042 38,617 41,921
Fannie Mae, Series 2002-W3, Class A5, 7.50% 2041 31,148 35,783
FirstEnergy Corp. 2.85% 2022 4,281,000 4,175,640
FirstEnergy Corp. 3.50% 2028 2,400,000 2,292,192
FirstEnergy Corp. 3.90% 2027 17,503,000 16,992,157
FirstEnergy Corp. 4.85% 2047 12,205,000 12,275,447
FirstEnergy Corp. 7.375% 2031 5,150,000 6,526,204
Ford Credit Auto Owner Trust, Series 2018-1, Class A, 3.19% 2031 31,410,000 31,211,866
Ford Credit Auto Owner Trust, Series 2018-2, Class A, 3.47% 2030 17,675,000 17,854,366
Ford Motor Credit Co. 2.681% 2020 14,907,000 14,662,093
Ford Motor Credit Co. 3.157% 2020 8,133,000 7,971,487
Ford Motor Credit Co. 3.219% 2022 7,785,000 7,315,471
Ford Motor Credit Co. 3.336% 2021 300,000 291,236
Ford Motor Credit Co. 3.339% 2022 13,345,000 12,605,420
Ford Motor Credit Co. 3.47% 2021 15,400,000 14,975,006
Ford Motor Credit Co. 3.81% 2024 5,050,000 4,665,357
Ford Motor Credit Co. 3.813% 2021 7,676,000 7,459,399
Ford Motor Credit Co. 4.14% 2023 12,000,000 11,416,092
France Télécom 9.00% 2031 1,480,000 2,055,285
Freddie Mac 3.00% 2046 40,270,565 39,599,174
Freddie Mac 3.50% 2045 33,591,187 33,849,200
Freddie Mac 3.50% 2047 61,286,098 61,334,514
Freddie Mac 3.50% 2047 8,030,977 8,034,133
Freddie Mac 3.50% 2047 111,522,376 111,566,204
Freddie Mac 3.50% 2048 34,767,582 34,813,823
Freddie Mac 3.50% 2048 33,633,585 33,746,224
Freddie Mac 4.00% 2047 3,515,856 3,592,066
Freddie Mac 4.00% 2048 63,343,507 64,619,816
Freddie Mac 4.00% 2048 58,724,036 59,905,798
Freddie Mac 4.00% 2048 2,391,421 2,439,668
Freddie Mac 4.00% 2048 50,768,960 51,790,635
Freddie Mac 4.00% 2048 5,937,258 6,056,745
Freddie Mac 4.00% 2048 8,615,661 8,789,043
Freddie Mac 4.00% 2048 93,252 95,200
Freddie Mac 4.50% 2040 446,337 467,690
Freddie Mac 4.50% 2041 509,550 533,924
Freddie Mac 4.50% 2048 12,123,926 12,560,751
Freddie Mac 5.50% 2033 132,195 141,320
Freddie Mac 5.50% 2038 127,620 137,472
Freddie Mac 5.50% 2038 97,490 104,566
Freddie Mac 5.50% 2039 184,046 197,325
Freddie Mac 5.50% 2040 688,860 736,888
Freddie Mac 5.50% 2041 1,007,400 1,082,694
Freddie Mac, Series 3061, Class PN, 5.50% 2035 129,423 141,653
Freddie Mac, Series 3146, Class PO, principal only, 0% 2036 282,323 238,942
Freddie Mac, Series 3156, Class PO, principal only, 0% 2036 261,868 223,977
Freddie Mac, Series 3318, Class JT, 5.50% 2037 322,719 346,432
Freddie Mac, Series K020, Class A2, Multi Family, 2.373% 2022 4,300,000 4,238,652
Freddie Mac, Series K716, Class A2, Multi Family, 3.13% 2021 6,575,000 6,602,339
Freddie Mac, Series K718, Class A2, Multi Family, 2.791% 2022 9,240,000 9,210,099
Frontier Communications Corp. 11.00% 2025 300,000 188,235
G.O. Bonds, Pension Funding Series 2003, 4.95% 2023 27,060,000 27,489,172
G.O. Bonds, Pension Funding Series 2003, 5.10% 2033 86,885,000 82,973,437
G.O. Bonds, Pension Funding Series 2013, 5.877% 2019 400,000 401,780
G.O. Bonds, Series 2013-B, 3.65% 2020 1,825,000 1,826,150
G.O. Bonds, Series 2013-B, 4.11% 2022 750,000 747,915
G.O. Bonds, Series 2013-B, 4.31% 2023 2,125,000 2,101,328
G.O. Bonds, Taxable Build America Bonds, Series 2010-2, 5.65% 2020 250,000 255,883
G.O. Bonds, Taxable Build America Bonds, Series 2010-2, 5.85% 2022 2,370,000 2,486,651
G.O. Bonds, Taxable Build America Bonds, Series 2010-2, 5.95% 2023 3,210,000 3,376,118
G.O. Bonds, Taxable Build America Bonds, Series 2010-3, 5.547% 2019 335,000 336,883
G.O. Bonds, Taxable Build America Bonds, Series 2010-3, 5.727% 2020 2,400,000 2,461,608
G.O. Bonds, Taxable Build America Bonds, Series 2010-5, 6.20% 2021 5,838,000 6,049,686
GM Financial Consumer Automobile Receivables Trust, Series 2018-1, Class B, 2.57% 2023 520,000 514,184
GM Financial Consumer Automobile Receivables Trust, Series 2018-1, Class C, 2.77% 2023 360,000 356,392
General Dynamics Corp. 3.375% 2023 425,000 428,170
General Dynamics Corp. 3.75% 2028 720,000 728,963
General Electric Capital Corp. 2.342% 2020 4,588,000 4,429,508
General Electric Capital Corp. 3.10% 2023 1,750,000 1,634,362
General Electric Capital Corp. 3.373% 2025 4,615,000 4,107,590
General Electric Co. 2.70% 2022 4,800,000 4,457,726
General Mills, Inc. (3-month USD-LIBOR + 0.54%) 2.976% 2021 10,620,000 10,458,693
General Mills, Inc. 3.20% 2021 2,170,000 2,159,753
General Motors Co. 4.35% 2025 11,255,000 10,678,969
General Motors Co. 5.20% 2045 1,060,000 882,913
General Motors Co. 5.40% 2048 7,200,000 6,159,866
General Motors Co. 5.95% 2049 750,000 679,310
General Motors Financial Co. 3.15% 2022 11,000,000 10,494,187
General Motors Financial Co. 3.25% 2023 15,500,000 14,615,307
General Motors Financial Co. 3.45% 2022 3,400,000 3,296,888
General Motors Financial Co. 3.50% 2024 9,575,000 8,724,424
General Motors Financial Co. 3.70% 2020 15,295,000 15,238,271
General Motors Financial Co. 3.70% 2023 10,000,000 9,523,110
General Motors Financial Co. 3.95% 2024 6,269,000 5,960,289
General Motors Financial Co. 4.20% 2021 12,600,000 12,601,877
GlaxoSmithKline PLC 3.375% 2023 16,800,000 16,873,214
Goldman Sachs Group, Inc. 2.905% 2023 (3-month USD-LIBOR + 0.99% on 7/24/2022) 41,656,000 39,705,791
Goldman Sachs Group, Inc. 3.814% 2029 (3-month USD-LIBOR + 1.158% on 4/23/2028) 9,600,000 8,978,534
Goldman Sachs Group, Inc. 4.223% 2029 (3-month USD-LIBOR + 1.301% on 5/1/2028) 13,718,000 13,234,989
Goldman Sachs Group, Inc. 5.30% (undated) (3-month USD-LIBOR + 3.834% on 11/10/2026) 1,750,000 1,570,625
Goldman Sachs Group, Inc. 5.75% 2022 4,800,000 5,027,664
Government National Mortgage Assn. 4.00% 2049 78,661,053 80,560,403
Government National Mortgage Assn. 4.00% 2049 69,538,947 71,158,300
Government National Mortgage Assn. 4.50% 2049 117,450,000 121,552,646
Government National Mortgage Assn. 5.00% 2049 168,136,542 174,944,222
Government National Mortgage Assn. 5.00% 2049 23,838,865 24,781,740
Great Plains Energy Inc. 4.20% 2048 20,000 19,506
Groupe BPCE SA 2.75% 2023 6,875,000 6,598,288
Groupe BPCE SA 5.15% 2024 4,711,000 4,735,836
Groupe BPCE SA 5.70% 2023 27,166,000 28,179,455
Gulf Power Company 3.30% 2027 1,000,000 971,414
HCA Inc. 6.50% 2020 1,550,000 1,592,625
HSBC Holdings PLC 3.033% 2023 (3-month USD-LIBOR + 0.923% on 11/12/2022) 450,000 435,774
HSBC Holdings PLC 3.64% 2024 750,000 730,907
HSBC Holdings PLC 3.95% 2024 (3-month USD-LIBOR + 0.987% on 5/18/2023) 625,000 621,959
HSBC Holdings PLC 4.583% 2029 (3-month USD-LIBOR + 1.535% on 6/19/2028) 13,000,000 12,908,454
Harris Corp. 2.70% 2020 1,300,000 1,289,162
Harris Corp. 3.832% 2025 945,000 928,633
High-Speed Passenger Train G.O. Rev. Ref. Bonds, Series 2017-A, 2.367% 2022 3,775,000 3,722,150
Holcim Ltd. 5.15% 2023 1,560,000 1,607,982
Home Depot, Inc. 3.90% 2028 1,625,000 1,667,469
Home Depot, Inc. 3.90% 2047 500,000 473,608
Home Depot, Inc. 4.40% 2021 7,200,000 7,417,008
Home Depot, Inc. 4.50% 2048 8,369,000 8,684,687
Home Equity Mortgage Trust, Series 2006-6, Class 2A1, (1-month USD-LIBOR + 0.10%) 2.706% 2037 1,350,863 95,695
Hospitality Properties Trust 3.95% 2028 1,710,000 1,544,876
Hospitality Properties Trust 4.25% 2021 4,250,000 4,264,225
Hospitality Properties Trust 4.50% 2025 855,000 834,199
Hospitality Properties Trust 5.00% 2022 1,270,000 1,298,104
Hurricane Catastrophe Fund Fin. Corp., Rev. Bonds, Series 2013-A, 2.995% 2020 14,400,000 14,423,040
Husky Energy Inc. 7.25% 2019 3,390,000 3,500,704
Hyundai Capital America 2.55% 2020 4,200,000 4,147,622
Hyundai Capital America 2.60% 2020 325,000 320,907
Hyundai Capital America 2.75% 2020 3,321,000 3,270,690
Hyundai Capital America 3.25% 2022 1,521,000 1,480,418
Hyundai Capital America 3.75% 2021 8,500,000 8,478,529
IPALCO Enterprises, Inc. 3.70% 2024 200,000 194,882
Iberdrola Finance Ireland 5.00% 2019 1,825,000 1,842,593
Imperial Tobacco Finance PLC 3.50% 2023 2,335,000 2,269,961
Infor (US), Inc. 5.75% 2020 225,000 225,956
Interstate Power and Light Company 3.25% 2024 1,000,000 975,762
Intesa Sanpaolo SpA 3.375% 2023 8,400,000 7,788,094
Intesa Sanpaolo SpA 3.875% 2027 6,870,000 5,923,060
Intesa Sanpaolo SpA 3.875% 2028 645,000 552,185
Intesa Sanpaolo SpA 5.017% 2024 70,790,000 64,129,440
Intesa Sanpaolo SpA 5.71% 2026 16,915,000 15,534,262
Iron Mountain Inc. 4.875% 2027 1,830,000 1,605,825
Iron Mountain Inc. 5.25% 2028 6,295,000 5,586,813
Italy (Republic of) 0% 2019 46,400,000 53,030,531
Italy (Republic of) 0.95% 2023 45,000,000 50,311,905
Italy (Republic of) 2.00% 2028 21,000,000 23,045,290
JPMorgan Chase & Co. 2.70% 2023 14,825,000 14,247,700
JPMorgan Chase & Co. 2.776% 2023 (3-month USD-LIBOR + 0.935% on 4/25/2022) 10,500,000 10,185,578
JPMorgan Chase & Co. 3.509% 2029 (3-month USD-LIBOR + 0.945% on 1/23/2028) 9,600,000 9,102,931
JPMorgan Chase & Co. 3.559% 2024 (3-month USD-LIBOR + 0.73% on 4/23/2023) 10,825,000 10,748,868
JPMorgan Chase & Co. 4.005% 2029 (3-month USD-LIBOR + 1.12% on 4/23/2028) 2,316,000 2,280,405
JPMorgan Chase & Co. 4.203% 2024 (3-month USD-LIBOR + 1.00% on 12/05/2023) 11,550,000 11,655,348
JPMorgan Chase & Co. 4.203% 2029 (3-month USD-LIBOR + 1.26% on 07/23/2028) 14,084,000 14,066,212
JPMorgan Chase & Co. 4.452% 2029 (3-month USD-LIBOR + 1.33% on 12/05/2028) 8,676,000 8,840,835
Japan, Series 20, 0.10% 2025 11,418,750,000 107,255,645
Johnson & Johnson 2.45% 2026 4,255,000 4,001,623
Johnson & Johnson 2.90% 2028 6,960,000 6,682,741
Keurig Dr. Pepper Inc. 4.057% 2023 16,125,000 16,074,432
Keurig Dr. Pepper Inc. 4.417% 2025 5,207,000 5,192,301
Keurig Dr. Pepper Inc. 4.597% 2028 15,822,000 15,741,608
Keurig Dr. Pepper Inc. 5.085% 2048 9,759,000 9,327,037
Kimco Realty Corp. 3.40% 2022 1,045,000 1,029,455
Kinder Morgan Energy Partners, LP 5.40% 2044 5,070,000 4,868,503
Kinder Morgan Energy Partners, LP 5.50% 2044 925,000 898,371
Kinder Morgan Energy Partners, LP 6.50% 2037 900,000 973,243
Kinder Morgan Energy Partners, LP 6.85% 2020 6,650,000 6,887,305
Kinder Morgan, Inc. 4.30% 2025 257,000 256,078
Kinder Morgan, Inc. 4.30% 2028 250,000 245,897
Kinder Morgan, Inc. 5.05% 2046 248,000 227,611
Kinder Morgan, Inc. 5.30% 2034 760,000 748,180
Kinder Morgan, Inc. 5.55% 2045 6,000,000 5,969,892
Kroger Co. 2.60% 2021 8,000,000 7,850,096
L.A. Arena Funding, LLC, Series 1, Class A, 7.656% 2026 417,729 447,592
LB-UBS Commercial Mortgage Trust, Series 2007-C6, Class AM, 6.114% 2040 312,558 312,958
Laboratory Corporation of America Holdings 3.60% 2027 500,000 477,356
Laboratory Corporation of America Holdings 4.70% 2045 4,160,000 3,891,817
Lloyds Banking Group PLC 2.907% 2023 (3-month USD-LIBOR + 0.81% on 11/7/2022) 8,550,000 8,091,763
Lloyds Banking Group PLC 4.375% 2028 8,825,000 8,392,672
Lockheed Martin Corp. 2.50% 2020 3,055,000 3,022,287
Lockheed Martin Corp. 3.10% 2023 1,155,000 1,145,794
Lockheed Martin Corp. 3.55% 2026 2,445,000 2,431,071
Lockheed Martin Corp. 4.50% 2036 2,055,000 2,128,922
Lockheed Martin Corp. 4.70% 2046 5,169,000 5,419,717
Lowe's Companies, Inc. 4.05% 2047 500,000 432,537
MERCK & CO INC 4(2) CP 1/25/2019 30,000,000 29,948,700
MERCK & CO INC 4(2) CP 1/29/2019 50,000,000 49,899,800
MGM Resorts International 7.75% 2022 2,000,000 2,132,500
MPLX LP 4.00% 2028 4,665,000 4,383,127
Malaysia (Federation of), Series 0315, 3.659% 2020 49,000,000 11,884,418
Malaysia (Federation of), Series 0416, 3.62% 2021 42,750,000 10,338,859
Marathon Oil Corp. 4.40% 2027 10,000,000 9,523,840
McDonald's Corp. 3.35% 2023 110,000 109,545
McDonald's Corp. 3.50% 2027 7,085,000 6,896,886
McDonald's Corp. 4.45% 2047 4,100,000 3,940,887
McDonald's Corp. 4.875% 2045 7,065,000 7,170,028
Medtronic, Inc. 4.625% 2045 4,815,000 5,066,815
MetLife Capital Trust IV 7.875% 2067 (3-month USD-LIBOR + 3.96% on 12/1/2037) 1,405,000 1,598,188
Metlife, Inc. 3.60% 2025 3,490,000 3,447,952
Metropolitan Life Global Funding I 2.00% 2020 6,785,000 6,688,748
Metropolitan Life Global Funding I 2.30% 2019 675,000 673,879
Microsoft Corp. 4.25% 2047 10,250,000 10,802,455
Mississippi Power Co. 4.25% 2042 11,247,000 10,433,257
Molson Coors Brewing Co. 1.90% 2019 125,000 124,651
Molson Coors Brewing Co. 2.10% 2021 2,415,000 2,329,753
Molson Coors Brewing Co. 2.25% 2020 4,525,000 4,464,075
Molson Coors Brewing Co. 3.00% 2026 5,530,000 4,935,641
Molson Coors Brewing Co. 4.20% 2046 4,530,000 3,782,767
Mondelez International, Inc. 1.625% 2019 16,100,000 15,879,205
Morgan Stanley 2.50% 2021 28,111,000 27,554,683
Morgan Stanley 2.75% 2022 6,200,000 6,034,460
Morgan Stanley 3.125% 2023 46,621,000 45,552,960
Morgan Stanley 3.125% 2026 7,653,000 7,070,607
Morgan Stanley 3.591% 2028 575,000 544,048
Morgan Stanley 3.625% 2027 628,000 597,787
Morgan Stanley 3.70% 2024 3,700,000 3,641,085
Morgan Stanley 3.772% 2029 (3-month USD-LIBOR + 1.14% on 1/24/2028) 345,000 330,657
Morgan Stanley 3.875% 2026 8,472,000 8,274,874
Morgan Stanley, Series F, 3.875% 2024 925,000 921,171
NBC Universal Enterprise, Inc. 5.25% 2049 5,170,000 5,247,550
NBCUniversal Media, LLC 5.15% 2020 9,600,000 9,856,070
NIKE, Inc. 3.875% 2045 6,845,000 6,571,823
NV Energy, Inc 6.25% 2020 2,850,000 2,995,111
NXP BV and NXP Funding LLC 4.125% 2021 2,000,000 1,980,000
National Grid PLC 3.15% 2027 275,000 262,781
Nationstar HECM Loan Trust, Series 2017-2A, Class M1, 2.8154% 2027 1,115,000 1,102,456
Nestle Holdings, Inc. 3.35% 2023 750,000 757,862
Netflix, Inc. 6.375% 2029 7,162,000 7,081,428
New York Life Global Funding 1.70% 2021 1,250,000 1,205,046
New York Life Global Funding 1.95% 2020 145,000 143,363
New York Life Global Funding 2.10% 2019 1,000,000 1,000,000
New York Life Global Funding 2.30% 2022 500,000 482,168
News America Inc. 4.00% 2023 1,100,000 1,129,630
NiSource Finance Corp. 2.65% 2022 275,000 263,505
Niagara Mohawk Power Corp. 3.508% 2024 7,575,000 7,619,359
Niagara Mohawk Power Corp. 4.278% 2034 1,000,000 1,007,503
Nissan Motor Co., Ltd. 2.60% 2022 1,415,000 1,348,226
Noble Corp. PLC 7.95% 2025 1,595,000 1,206,219
Noble Corp. PLC 8.95% 2045 1,260,000 963,900
Nordea Bank AB 2.50% 2020 7,125,000 7,026,761
Northrop Grumman Corp. 3.25% 2028 13,670,000 12,805,646
Nuveen, LLC 4.00% 2028 305,000 314,850
Odebrecht Drilling Norbe 0% 2049 1,195,431 21,279
Odebrecht Drilling Norbe 6.72% 2022 81,271 75,887
Odebrecht Drilling Norbe 7.35% 2026 34,309 19,513
Odebrecht Drilling Norbe 7.72% 2026 302,277 80,859
Omega Healthcare Investors, Inc. 4.375% 2023 900,000 904,635
Oracle Corp. 4.00% 2046 250,000 234,174
Orange SA 2.75% 2019 3,470,000 3,468,036
PNC Bank 2.55% 2021 1,000,000 975,952
PNC Financial Services Group, Inc. 2.854% 2022 5,850,000 5,735,551
PNC Funding Corp. 3.30% 2022 8,700,000 8,684,279
PT Indonesia Asahan Aluminium Tbk 5.23% 2021 1,862,000 1,889,116
PT Indonesia Asahan Aluminium Tbk 5.71% 2023 1,020,000 1,039,422
PT Indonesia Asahan Aluminium Tbk 6.53% 2028 525,000 551,973
PT Indonesia Asahan Aluminium Tbk 6.757% 2048 3,780,000 3,884,071
Pacific Gas and Electric Co. 2.45% 2022 8,707,000 7,759,705
Pacific Gas and Electric Co. 2.95% 2026 165,000 136,552
Pacific Gas and Electric Co. 3.25% 2023 6,316,000 5,618,733
Pacific Gas and Electric Co. 3.30% 2027 4,218,000 3,495,267
Pacific Gas and Electric Co. 3.30% 2027 1,319,000 1,083,589
Pacific Gas and Electric Co. 3.40% 2024 850,000 741,339
Pacific Gas and Electric Co. 3.50% 2025 301,000 259,588
Pacific Gas and Electric Co. 3.75% 2042 97,000 72,556
Pacific Gas and Electric Co. 3.95% 2047 240,000 183,731
Pacific Gas and Electric Co. 4.25% 2023 147,000 136,933
Pacific Gas and Electric Co. 4.65% 2028 10,057,000 8,904,236
Pacific Gas and Electric Co. 4.75% 2044 336,000 278,067
Petrobras Global Finance Co. 5.75% 2029 7,290,000 6,761,475
Petrobras Global Finance Co. 5.999% 2028 203,000 191,634
Petrobras Global Finance Co. 7.25% 2044 45,000 44,489
Petrobras Global Finance Co. 7.375% 2027 190,000 195,605
Petrobras Global Finance Co. 8.75% 2026 19,450,000 21,852,075
Petroleos Mexicanos 6.35% 2048 21,895,000 17,549,280
Petróleos Mexicanos 4.625% 2023 9,705,000 9,132,405
Petróleos Mexicanos 5.35% 2028 18,950,000 16,581,250
Petróleos Mexicanos 5.375% 2022 4,175,000 4,110,288
Petróleos Mexicanos 6.50% 2027 9,480,000 8,934,900
Petróleos Mexicanos 6.50% 2029 570,000 532,523
Petróleos Mexicanos 6.75% 2047 260,000 215,641
Petróleos Mexicanos 7.47% 2026 2,950,000 11,074,650
Pfizer Inc. 7.20% 2039 100,000 138,489
Philip Morris International Inc. 2.625% 2022 1,515,000 1,467,043
Philip Morris International Inc. 3.60% 2023 188,000 188,544
Philip Morris International Inc. 4.25% 2044 9,550,000 8,740,886
Phillips 66 3.90% 2028 5,575,000 5,398,875
Piedmont Operating Partnership LP 4.45% 2024 1,000,000 1,008,834
Plains All American Pipeline, LP 4.50% 2026 1,250,000 1,206,604
Portuguese Republic 4.10% 2045 375,000 522,630
Portuguese Republic 5.125% 2024 89,175,000 93,569,187
Portuguese Republic 5.65% 2024 20,000,000 28,713,801
Progress Energy, Inc. 7.75% 2031 1,820,000 2,428,162
Prudential Financial, Inc. 3.878% 2028 500,000 503,721
Prudential Financial, Inc. 4.418% 2048 250,000 242,715
Public Service Auth., Rev. Obligations (Santee Cooper), Series 2014-A, 5.50% 2054 875,000 936,066
Public Service Auth., Rev. Obligations (Santee Cooper), Series 2015-A, 5.00% 2050 840,000 880,765
Public Service Auth., Rev. Obligations (Santee Cooper), Series 2015-E, 5.25% 2055 2,765,000 2,952,854
Public Service Co. of Colorado 4.10% 2048 600,000 592,448
Public Service Enterprise Group Inc. 2.65% 2022 1,000,000 962,999
Puget Energy, Inc. 3.65% 2025 3,000,000 2,938,095
Puget Energy, Inc. 5.625% 2022 8,004,000 8,482,071
Puget Energy, Inc. 6.00% 2021 8,186,000 8,664,365
Puget Energy, Inc. 6.50% 2020 5,294,000 5,594,371
QEP Resources, Inc. 5.25% 2023 3,420,000 3,043,800
Qatar (State of) 3.875% 2023 4,975,000 5,039,322
Qatar (State of) 4.50% 2028 10,885,000 11,387,931
Qatar (State of) 5.103% 2048 7,900,000 8,315,738
Ras Laffan Liquefied Natural Gas II 5.298% 2020 241,557 244,601
Republic Services, Inc. 5.00% 2020 4,800,000 4,898,635
Reynolds American Inc. 3.25% 2022 1,750,000 1,699,590
Reynolds American Inc. 4.00% 2022 4,230,000 4,187,535
Reynolds American Inc. 4.45% 2025 21,900,000 21,155,006
Reynolds American Inc. 4.85% 2023 5,830,000 5,905,568
Reynolds American Inc. 5.85% 2045 125,000 116,639
Rockwell Collins, Inc. 2.80% 2022 245,000 238,306
Roper Technologies, Inc. 2.80% 2021 175,000 171,556
S.A.C.I. Falabella 3.75% 2027 660,000 597,300
SCANA Corp. 4.125% 2022 970,000 970,965
SCANA Corp. 4.75% 2021 6,367,000 6,448,313
Sabine Pass Liquefaction, LLC 5.625% 2021 1,100,000 1,133,585
Sabine Pass Liquefaction, LLC 5.625% 2023 1,000,000 1,054,473
Sabine Pass Liquefaction, LLC 5.625% 2025 10,000,000 10,401,680
Sabine Pass Liquefaction, LLC 5.75% 2024 8,000,000 8,394,112
Sabine Pass Liquefaction, LLC 5.875% 2026 15,700,000 16,654,544
Sabine Pass Liquefaction, LLC 6.25% 2022 2,300,000 2,419,954
Sally Holdings LLC and Sally Capital Inc. 5.625% 2025 300,000 277,125
Sands China Ltd. 4.6% 2023 2,000,000 1,991,774
Sands China Ltd. 5.40% 2028 1,500,000 1,452,164
Santander Drive Auto Receivables Trust, Series 2016-1, Class C, 3.09% 2022 8,816,286 8,814,805
Santander Drive Auto Receivables Trust, Series 2016-3, Class C, 2.46% 2022 700,000 695,461
Santander Drive Auto Receivables Trust, Series 2017-1, Class C, 2.58% 2022 11,605,000 11,542,600
Santander Drive Auto Receivables Trust, Series 2017-3, Class C, 2.76% 2022 3,955,000 3,932,591
Saudi Arabia (Kingdom of) 2.875% 2023 4,780,000 4,603,288
Saudi Arabia (Kingdom of) 3.625% 2028 11,435,000 10,842,381
Saudi Arabia (Kingdom of) 3.628% 2027 5,000,000 4,831,975
Saudi Arabia (Kingdom of) 4.00% 2025 4,485,000 4,455,027
Scentre Group 2.375% 2019 2,365,000 2,342,549
Scentre Group 2.375% 2021 175,000 170,713
Scentre Group 3.50% 2025 4,565,000 4,427,940
Schlumberger BV 3.00% 2020 600,000 594,958
Schlumberger BV 4.00% 2025 8,791,000 8,694,229
Shell International Finance BV 3.50% 2023 835,000 844,814
Shell International Finance BV 3.875% 2028 17,400,000 17,913,787
Sherwin-Williams Co. 2.75% 2022 250,000 242,186
Sherwin-Williams Co. 3.125% 2024 145,000 138,611
Sherwin-Williams Co. 3.45% 2027 3,385,000 3,162,819
Sherwin-Williams Co. 4.50% 2047 235,000 213,013
Shire PLC 1.90% 2019 22,100,000 21,794,490
Shire PLC 2.40% 2021 26,279,000 25,426,798
Shire PLC 2.875% 2023 11,084,000 10,488,612
Shire PLC 3.20% 2026 19,102,000 17,323,852
Social Professional Loan Program LLC, Series 2015-C, Class A2, 2.51% 2033 1,745,021 1,720,725
SoftBank Group Corp. 3.36% 2023 7,975,000 7,895,250
South Carolina Electric & Gas Co. 3.50% 2021 7,850,000 7,876,596
South Carolina Electric & Gas Co. 4.10% 2046 685,000 643,040
South Carolina Electric & Gas Co. 4.25% 2028 8,775,000 9,110,223
South Carolina Electric & Gas Co. 4.35% 2042 724,000 712,956
South Carolina Electric & Gas Co. 5.30% 2033 515,000 556,402
South Carolina Electric & Gas Co. 5.45% 2041 768,000 882,257
Southern California Edison Co., 4.00% 2047 500,000 460,157
Southern California Edison Co., 4.05% 2042 1,667,000 1,568,272
Southern California Edison Co., 4.65% 2043 2,257,000 2,276,087
Southwestern Energy Co. 6.20% 2025 920,000 826,850
Spain (Kingdom of) 2.70% 2048 37,250,000 43,517,791
Standard Chartered PLC 3.885% 2024 (3-month USD-LIBOR + 1.08% on 3/15/2023) 1,500,000 1,453,295
Starbucks Corp. 3.75% 2047 3,785,000 3,151,698
Starbucks Corp. 3.80% 2025 2,454,000 2,431,426
Starbucks Corp. 4.00% 2028 425,000 420,882
Starbucks Corp. 4.50% 2048 8,220,000 7,692,975
Svenska Handelsbanken AB 1.875% 2021 250,000 240,983
Synchrony Bank 3.65% 2021 5,775,000 5,653,506
Synchrony Financial 3.75% 2021 2,249,000 2,189,973
TC PipeLines, LP 4.375% 2025 405,000 404,664
Takeda Pharmaceutical Co. Ltd. 3.80% 2020 17,220,000 17,328,314
Takeda Pharmaceutical Co., Ltd. 4.00% 2021 500,000 507,133
Takeda Pharmaceutical Co., Ltd. 4.40% 2023 2,665,000 2,696,916
Takeda Pharmaceutical Co., Ltd. 5.00% 2028 6,810,000 6,972,875
Tampa Electric Co. 2.60% 2022 4,350,000 4,220,588
Tampa Electric Co. 4.45% 2049 460,000 450,944
Targa Resources Partners LP 5.125% 2025 175,000 164,938
Targa Resources Partners LP 5.375% 2027 175,000 164,938
Teco Finance, Inc. 5.15% 2020 2,091,000 2,138,715
Tenet Healthcare Corp., 6.00% 2020 1,240,000 1,260,150
Teva Pharmaceutical Finance Co. BV 2.80% 2023 77,814,000 67,082,282
Teva Pharmaceutical Finance Co. BV 3.15% 2026 51,528,000 39,411,603
Teva Pharmaceutical Finance Co. BV 4.10% 2046 46,666,000 30,988,884
Teva Pharmaceutical Finance Company BV 2.20% 2021 20,214,000 18,591,463
Teva Pharmaceutical Finance Company BV 6.00% 2024 3,557,000 3,434,813
Teva Pharmaceutical Finance Company BV 6.75% 2028 11,574,000 11,239,222
Thomson Reuters Corp. 4.30% 2023 240,000 244,778
Time Warner Inc. 3.80% 2027 4,335,000 4,076,712
Total Capital Canada Ltd. 2.75% 2023 2,140,000 2,094,061
Total Capital SA 3.883% 2028 2,130,000 2,192,997
Toyota Motor Credit Corp. 2.125% 2019 500,000 497,356
Toyota Motor Credit Corp. 2.70% 2023 1,000,000 972,672
TransCanada PipeLines Ltd. 4.25% 2028 12,398,000 12,309,119
Transocean Inc. 5.80% 2022 2,195,000 1,942,575
Transocean Inc. 9.00% 2023 5,000,000 4,993,750
Travelers Companies, Inc. 4.00% 2047 290,000 279,471
U S TREASURY BILL 1/17/2019 50,000,000 49,952,290
U S TREASURY BILL 1/24/2019 68,400,000 68,303,440
U S TREASURY BILL 3/21/2019 67,400,000 67,062,663
U S TREASURY BILL 3/7/2019 50,000,000 49,791,110
U S TREASURY BILL 4/18/2019 104,800,000 104,068,664
U S TREASURY BILL 5/16/2019 25,900,000 25,664,771
U.S. Treasury 2.125% 2024 250,100,000 245,360,605
U.S. Treasury 2.125% 2024 72,100,000 70,474,866
U.S. Treasury 2.125% 2024 72,100,000 70,548,408
U.S. Treasury 2.25% 2023 110,600,000 109,230,772
U.S. Treasury 2.25% 2024 65,000,000 64,174,500
U.S. Treasury 2.25% 2027 120,200,000 116,222,582
U.S. Treasury 2.25% 2027 73,175,000 71,071,951
U.S. Treasury 2.375% 2023 48,100,000 47,887,879
U.S. Treasury 2.50% 2020 63,000 63,016
U.S. Treasury 2.50% 2023 57,200,000 57,217,732
U.S. Treasury 2.625% 2021 2,968,000 2,978,388
U.S. Treasury 2.625% 2021 2,553,000 2,562,650
U.S. Treasury 2.625% 2023 297,846,000 299,451,390
U.S. Treasury 2.625% 2025 76,884,000 77,076,210
U.S. Treasury 2.75% 2021 448,000 451,136
U.S. Treasury 2.75% 2023 173,600,000 175,424,536
U.S. Treasury 2.75% 2025 132,000,000 133,360,920
U.S. Treasury 2.875% 11-15-21 369,000 373,218
U.S. Treasury 2.875% 2025 162,217,600 165,056,408
U.S. Treasury 2.875% 2025 96,200,000 97,905,626
U.S. Treasury 2.875% 2028 48,847,100 49,652,100
U.S. Treasury 2.875% 2045 413,000 402,745
U.S. Treasury 3.00% 2045 28,900,000 28,871,967
U.S. Treasury 3.00% 2048 72,499,200 72,267,928
U.S. Treasury 3.125% 2028 125,655,800 130,492,292
U.S. Treasury 3.125% 2048 85,768,100 87,519,485
U.S. Treasury 3.375% 2048 105,391,700 112,851,325
U.S. Treasury 6.125% 2027 24,000,000 30,529,440
U.S. Treasury 8.75% 2020 38,500,000 42,271,845
U.S. Treasury Inflation-Protected Security 0.375% 2025 54,405,917 52,482,988
U.S. Treasury Inflation-Protected Security 0.375% 2027 155,052,000 147,379,800
U.S. Treasury Inflation-Protected Security 0.50% 2028 128,137,500 122,359,875
U.S. Treasury Inflation-Protected Security 0.625% 2023 50,899,000 50,107,400
U.S. Treasury Inflation-Protected Security 0.75% 2028 71,629,020 70,160,146
U.S. Treasury Inflation-Protected Security 0.875% 2047 27,046,450 24,868,636
U.S. Treasury Inflation-Protected Security 1.00% 2048 24,429,917 23,186,419
US Bancorp 3.40% 2023 550,000 550,538
Ultra Petroleum Corp. 11.00% 2024 450,000 348,750
UniCredit SPA 5.861% 2032 1,000,000 881,102
Union Pacific Corp. 3.95% 2028 1,851,000 1,853,329
Union Pacific Corp. 4.50% 2048 872,000 864,566
United Mexican States 3.60% 2025 11,500,000 10,994,000
United Mexican States, Series M, 5.75% 2026 5,275,000 22,700,880
United Mexican States, Series M, 6.50% 2021 31,327,000 152,312,179
United Rentals, Inc. 5.50% 2027 5,000,000 4,650,000
United Technologies Corp. 3.125% 2027 9,525,000 8,818,502
United Technologies Corp. 3.65% 2023 850,000 847,509
United Technologies Corp. 3.95% 2025 335,000 333,036
United Technologies Corp. 4.125% 2028 6,885,000 6,850,313
United Technologies Corp. 4.625% 2048 1,090,000 1,058,271
UnitedHealth Group Inc. 3.35% 2022 4,385,000 4,407,065
UnitedHealth Group Inc. 3.375% 2027 500,000 489,848
UnitedHealth Group Inc. 3.75% 2025 5,410,000 5,483,565
UnitedHealth Group Inc. 3.875% 2028 4,375,000 4,439,929
UnitedHealth Group Inc. 4.45% 2048 240,000 248,016
Unum Group 3.00% 2021 520,000 514,333
VMware, Inc. 2.95% 2022 4,000,000 3,815,712
Vale SA 6.25% 2026 4,035,000 4,367,888
Various Purpose G.O. Bonds, Series 2009, 7.50% 2034 2,100,000 2,867,466
Verizon Communications Inc. 4.125% 2027 4,476,000 4,489,616
Verizon Communications Inc. 4.40% 2034 5,080,000 4,914,682
Verizon Communications Inc. 4.50% 2033 12,740,000 12,619,276
Verizon Owner Trust, Series 2016-1A, Class A, 1.42% 2021 241,514 240,634
Verizon Owner Trust, Series 2017-1A, Class A, 2.06% 2021 17,555,000 17,427,200
Verizon Owner Trust, Series 2017-1A, Class B, 2.45% 2021 1,500,000 1,489,290
Verizon Owner Trust, Series 2017-1A, Class C, 2.65% 2021 2,000,000 1,987,774
Verizon Owner Trust, Series 2017-3A, Class A1A, 2.06% 2022 4,735,000 4,684,075
Verizon Owner Trust, Series 2017-3A, Class B, 2.38% 2022 2,450,000 2,426,629
Virginia Electric and Power Co. 4.45% 2044 7,995,000 8,080,275
Virginia Electric and Power Co. 4.60% 2048 932,000 977,473
Vodafone Group PLC 3.75% 2024 1,500,000 1,480,026
Vodafone Group PLC 4.375% 2028 20,141,000 19,586,982
Vodafone Group PLC 5.25% 2048 1,543,000 1,455,731
Volkswagen Group of America Finance, LLC 2.40% 2020 2,855,000 2,811,147
Volkswagen Group of America Finance, LLC 2.45% 2019 520,000 515,160
Volkswagen Group of America Finance, LLC 4.00% 2021 5,850,000 5,865,655
Volkswagen Group of America Finance, LLC 4.25% 2023 16,670,000 16,550,293
Volkswagen International Finance NV 4.00% 2020 4,000,000 4,026,684
Voya Ltd., Series 2014-3A, CLO, Class A1R, (3-month USD-LIBOR + 0.72%) 3.21% 2026 4,980,683 4,960,611
WALMART INC 4(2) CP 1/14/2019 31,100,000 31,070,548
WALMART INC 4(2) CP 1/7/2019 33,700,000 33,684,565
WEA Finance LLC 2.70% 2019 5,475,000 5,451,408
WEA Finance LLC 3.25% 2020 13,875,000 13,856,699
WM. Wrigley Jr. Co. 3.375% 2020 13,005,000 13,042,337
Wal-Mart Stores, Inc. 2.35% 2022 1,000,000 974,600
Wal-Mart Stores, Inc. 3.70% 2028 780,000 792,767
Walt Disney Co. 5.50% 2019 4,800,000 4,823,088
WellPoint, Inc. 2.25% 2019 1,250,000 1,243,505
Wells Fargo & Co. 2.10% 2021 16,800,000 16,280,830
Wells Fargo & Co. 2.625% 2022 1,000,000 964,697
Wells Fargo & Co. 3.00% 2026 820,000 765,234
Wells Fargo & Co. 3.00% 2026 3,220,000 2,985,491
Wells Fargo & Co. 3.55% 2023 1,225,000 1,221,274
Western Gas Partners LP 3.95% 2025 275,000 259,557
Western Gas Partners LP 4.65% 2026 1,325,000 1,283,982
Westinghouse Air Brake Technologies Corp. (DBA Wabtec Corp.) 4.15% 2024 3,351,000 3,241,737
Westlake Automobile Receivables Trust, Series 2017-1A, Class C, 2.70% 2022 2,500,000 2,487,768
Westlake Chemical Corp. 4.375% 2047 90,000 75,807
Westlake Chemical Corp. 5.00% 2046 415,000 380,765
Wheels SPV 2 LLC, Series 2016-1A, Class A2, 1.59% 2025 60,394 60,232
Williams Partners LP 4.30% 2024 595,000 593,566
Williams Partners LP 4.50% 2023 500,000 503,122
Williams Partners LP 5.25% 2020 2,900,000 2,957,330
Xcel Energy Inc. 3.30% 2025 5,650,000 5,531,553
Xcel Energy Inc. 4.70% 2020 1,700,000 1,720,511
Xerox Corp. 3.50% 2020 1,500,000 1,455,594
Zimmer Holdings, Inc. 3.15% 2022 8,845,000 8,654,054

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.