Search
Filter by type
Pro-Mix® Moderate Term CIT
Pro-Mix® Moderate Term CIT
Pro-Mix® Conservative Term CIT
Pro-Mix® Extended Term CIT
Pro-Mix® Maximum Term CIT
Pro-Mix® Moderate Term CIT
Retirement Target 2015 CIT
Retirement Target 2020 CIT
Retirement Target 2025 CIT
Retirement Target 2030 CIT
Retirement Target 2035 CIT
Retirement Target 2040 CIT
Retirement Target 2045 CIT
Retirement Target 2050 CIT
Retirement Target 2055 CIT
Retirement Target 2060 CIT
Retirement Target Income CIT
Investment Objective
To provide equal emphasis on long-term capital growth and capital preservation.
Investment Strategy
The portfolio is invested in a moderately conservative mix of securities that seeks to balance growth and capital preservation for a more stable rate of return relative to an investment in the stock market. Holdings are diversified primarily among intermediate to long-term fixed income securities. Because this fund is designed to moderate risk, stocks will typically be a minority in the portfolio, unless the fund manager’s analysis shows that the stock market is especially attractive.
The fund manager will adjust the investment mix over time to manage risk by continually evaluating individual securities and market conditions to determine the relative attractiveness of each investment. In general, stock exposure will increase when valuations are low and decrease during speculative markets.
May be Appropriate for Investors
- Who want long-term capital growth and who seek to minimize extreme declines in account value
- Who have a moderate tolerance for capital risk
About Our Risk-Based Funds
Risk-based funds offer professional management and asset allocation through a choice of investment objectives that range from fairly aggressive to fairly conservative. All an investor has to do is determine which objective best suits his or her current risk tolerance and investment time horizon, then decide when to move to a different objective as his or her personal situation changes over the years.
Time Horizon & Range of Stock Exposure
| Conservative Term | Moderate Term | Extended Term | Maximum Term |
| 0-5 Years | 3-10 Years | 15+ Years | 7-20 Years |
| 15-45% | 20-60% | 40-70% | 70-95% |
Generally, the longer your time horizon, the more aggressive your investment objective can be. Greater stock exposure is typically associated with higher return potential and higher capital risk.
Daily Price
$35.32
Daily $ Change
-$0.01
Daily % Change
-0.03%
as of 09/24/2020
CUSIP
563821131
Inception Date
01/01/2000
This fund is only available for use within certain qualified employee benefit plans.
Important Documents
| Annual Report | |
| Applications & Forms |
Performance
As of 08/31/2020
YTD
9.74%
1 Year
13.00%
3 Year
7.86%
5 Year
7.11%
10 Year
6.97%
Inception
(01/01/2000)
6.39%
Returns are net of Pro-Mix® CIT Class S expenses. Performance data quoted represents past performance and does not guarantee future results. Performance for periods greater than one year is annualized. Your investment may fluctuate in value and there is a potential for loss as well as profit.
Expense Ratio
| Gross | 0.91% |
| Net | 0.90%* |
*Reflects the Trustee’s contractual agreement to limit fees and voluntary agreement to reimburse certain expenses.
Top Ten Investments
As of 08/31/2020
| GOVERNMENT AGENCY | 9.36% |
| TREASURY NOTES | 5.52% |
| TSY INFL IX N/B 2.00000 01/15/2026 | 2.31% |
| MASTERCARD INC-CLASS A | 1.68% |
| VISA INC - CLASS A SHARES | 1.55% |
| TSY INFL IX N/B 0.12500 04/15/2025 | 1.54% |
| EXPEDIA INC | 1.42% |
| UNILEVER PLC - ADR | 1.31% |
| JOHNSON & JOHNSON | 1.24% |
| TREASURY BONDS | 1.21% |
This investment list is unaudited and excludes cash.
Asset Allocation
As of 08/31/2020
| Bonds | 52.27% |
| Stocks | 43.58% |
| Cash | 4.15% |
Detailed Asset Class Allocation
As of 08/31/2020
| International Equities | 12.61% |
| Small Capitalization | 1.77% |
| Mid Capitalization | 6.00% |
| Large Capitalization | 23.20% |
| Long Term Fixed Income | 17.89% |
| Intermediate Term Fixed Income | 29.66% |
| Short Term Fixed Income | 4.72% |
| Cash | 4.15% |
Due to rounding, the sum of the detailed asset class allocation categories may not equal the asset allocation totals provided above.
August Fund Holdings
As of 08/31/2020
| CUSIP | Security Description | Country | Ticker | Shares/Par | Market Value (USD) |
|---|---|---|---|---|---|
| 00206RDQ2 | AT&T INC 4.25000 03/01/2027 | US | 870,000 | $1,019,897.05 | |
| 00287Y109 | ABBVIE INC | US | ABBV | 1,119 | $107,166.63 |
| 00507V109 | ACTIVISION INC | US | ATVI | 35,210 | $2,940,739.20 |
| 00653VAA9 | ADAPTHEALTH LLC 6.12500 08/01/2028 | US | 130,000 | $136,175.00 | |
| 00774MAG0 | AERCAP IRELAND CAP / GLOBA 4.45000 10/01/2025 | IE | 2,680,000 | $2,686,024.32 | |
| 00791GAA5 | AG MERGER SUB II INC 10.75000 08/01/2027 | US | 120,000 | $122,400.00 | |
| 008492100 | AGREE REALTY CORP | US | ADC | 1,314 | $87,932.88 |
| 00912XAV6 | AIR LEASE CORP 3.62500 04/01/2027 | US | 1,105,000 | $1,107,314.31 | |
| 00914AAB8 | AIR LEASE CORP 3.75000 06/01/2026 | US | 830,000 | $848,710.79 | |
| 01166WAA5 | ALASKA AIR 2020-1 CL B 8.00000 08/15/2025 | US | 135,000 | $140,152.76 | |
| 013822AC5 | ALCOA NEDERLAND HOLDING 6.12500 05/15/2028 | NL | 105,000 | $113,400.00 | |
| 015271109 | ALEXANDRIA REAL EST EQUITIES | US | ARE | 311 | $52,366.18 |
| 01609W102 | ALIBABA GROUP - ADR | CN | BABA | 11,740 | $3,369,732.20 |
| 01609WAT9 | ALIBABA GROUP HOLDING 3.40000 12/06/2027 | KY | 3,100,000 | $3,511,163.20 | |
| 020002101 | ALLSTATE CORPORATION | US | ALL | 333 | $30,969.00 |
| 02079K305 | ALPHABET INC-CL A | US | GOOGL | 1,830 | $2,982,039.90 |
| 023135106 | AMAZON.COM INC | US | AMZN | 1,310 | $4,520,757.60 |
| 02319V103 | AMBEV SA-ADR | BR | ABEV | 30,060 | $67,635.00 |
| 0237400 | DIAGEO PLC | GB | DGE LN | 36,545 | $1,221,015.16 |
| 02406PBA7 | AMERICAN AXLE & MFG INC 6.87500 07/01/2028 | US | 75,000 | $78,109.50 | |
| 024835100 | AMERICAN CAMPUS COMMUNITIES | US | ACC | 2,841 | $96,309.90 |
| 02665T306 | AMERICAN HOMES 4 RENT- A | US | AMH | 5,729 | $164,078.56 |
| 03027X100 | AMERICAN TOWER REIT INC | US | AMT | 7,450 | $1,856,167.50 |
| 03027XAW0 | AMERICAN TOWER CORP 3.80000 08/15/2029 | US | 2,140,000 | $2,475,475.13 | |
| 03064D108 | AMERICOLD REALTY TRUST | US | COLD | 3,617 | $138,711.95 |
| 03217CAA4 | AMS AG 7.00000 07/31/2025 | AT | 200,000 | $208,000.00 | |
| 032654105 | ANALOG DEVICES INC | US | ADI | 286 | $33,427.68 |
| 03690AAD8 | ANTERO MIDSTREAM PART / FI 5.75000 03/01/2027 | US | 130,000 | $116,025.00 | |
| 03690AAF3 | ANTERO MIDSTREAM PART/FI 5.75000 01/15/2028 | US | 85,000 | $75,862.50 | |
| 03748R754 | APARTMENT INVT & MGMT CO -A | US | AIV | 2,301 | $82,905.03 |
| 03784Y200 | APPLE HOSPITALITY REIT INC | US | APLE | 8,075 | $82,122.75 |
| 039483102 | ARCHER-DANIELS-MIDLAND CO | US | ADM | 655 | $29,317.80 |
| 053015103 | AUTOMATIC DATA PROCESSING | US | ADP | 280 | $38,945.20 |
| 053484101 | AVALONBAY COMMUNITIES INC | US | AVB | 695 | $109,851.70 |
| 05401AAJ0 | AVOLON HOLDINGS FNDG LTD 3.25000 02/15/2027 | KY | 1,150,000 | $988,745.74 | |
| 055622104 | BP PLC-SPONS ADR | GB | BP | 2,330 | $48,766.90 |
| 05604LAA0 | BWAY 2015-1740 A 2.91700 01/10/2035 | US | 4,000,000 | $4,069,359.20 | |
| 05722G100 | BAKER HUGHES CO | US | BKR | 1,516 | $21,648.48 |
| 060505104 | BANK OF AMERICA CORP | US | BAC | 4,803 | $123,629.22 |
| 06051GFM6 | BANK OF AMERICA CORP 4.00000 01/22/2025 | US | 1,340,000 | $1,501,695.70 | |
| 071734AH0 | BAUSCH HEALTH COS INC 5.00000 01/30/2028 | CA | 95,000 | $93,812.50 | |
| 084423102 | WR BERKLEY CORP | US | WRB | 31,000 | $1,923,550.00 |
| 084670702 | BERKSHIRE HATHAWAY INC-CL B | US | BRK/B | 14,630 | $3,189,925.20 |
| 086516101 | BEST BUY INC | US | BBY | 358 | $39,705.78 |
| 09061G101 | BIOMARIN PHARMACEUTICAL INC | US | BMRN | 12,225 | $953,916.75 |
| 0946580 | WEIR GROUP PLC/THE | GB | WEIR LN | 8,460 | $144,356.23 |
| 09857L108 | BOOKING HOLDINGS INC | US | BKNG | 790 | $1,509,255.50 |
| 105368203 | BRANDYWINE REALTY TRUST | US | BDN | 5,222 | $58,120.86 |
| 110122108 | BRISTOL MYERS SQUIBB CO | US | BMY | 1,558 | $96,907.60 |
| 11680JAA0 | BRUIN E&P PARTNERS LLC 8.87500 08/01/2023 | US | 380,000 | $744.80 | |
| 12503M108 | CBOE GLOBAL MARKETS INC | US | CBOE | 8,545 | $784,345.55 |
| 12530MAA3 | SORT 2020-1 A1 MTGE 1.69000 07/15/2060 | US | 1,025,000 | $1,040,049.56 | |
| 12530MAB1 | SORT 2020-1 A2 1.99000 07/15/2060 | US | 879,266.67 | $895,042.91 | |
| 12541W209 | C.H. ROBINSON WORLDWIDE INC | US | CHRW | 231 | $22,707.30 |
| 12555DAA3 | CIM 2019-INV1 A1 4.00000 02/25/2049 | US | 265,053.32 | $274,576.90 | |
| 12572Q105 | CME GROUP INC | US | CME | 4,515 | $794,053.05 |
| 12591QAR3 | COMM 2014-UBS4 A5 3.69400 08/10/2047 | US | 3,600,000 | $3,903,489.00 | |
| 12593GAF9 | COMM 2015-PC1 A5 3.90200 07/10/2050 | US | 1,900,000 | $2,111,386.97 | |
| 12629NAF2 | COMM 2015-DC1 A5 FLT 3.35000 02/10/2048 | US | 2,000,000 | $2,157,210.00 | |
| 12646XAH5 | CSMC 2013-IVR3 A1 2.50000 05/25/2043 | US | 592,906.2 | $605,094.51 | |
| 12654TAA8 | CNX MIDSTREAM PTR/CNX 6.50000 03/15/2026 | US | 85,000 | $85,125.80 | |
| 127097103 | CABOT OIL & GAS CORP | US | COG | 246,110 | $4,668,706.70 |
| 131477AT8 | CALUMET SPECIALTY PROD 11.00000 04/15/2025 | US | 80,000 | $76,000.00 | |
| 133131102 | CAMDEN PROPERTY TRUST | US | CPT | 1,343 | $122,132.42 |
| 133131AZ5 | CAMDEN PROPERTY TRUST 2.80000 05/15/2030 | US | 2,070,000 | $2,270,810.29 | |
| 13321L108 | CAMECO CORP | CA | CCJ | 166,646 | $1,928,094.22 |
| 149123101 | CATERPILLAR INC | US | CAT | 482 | $68,593.42 |
| 14980AAA0 | CAZENOVIA CREEK FUNDING LLC 3.56070 07/15/2030 | US | 419,556.2 | $416,013.55 | |
| 15135UAS8 | CENOVUS ENERGY INC 5.37500 07/15/2025 | CA | 20,000 | $20,357.37 | |
| 16119P108 | CHARTER COMMUNICATIONS INC-A | US | CHTR | 5,350 | $3,293,513.50 |
| 165183BB9 | CFII 2017-4A A1 2.12000 11/15/2029 | US | 604,164.27 | $607,707.63 | |
| 166764100 | CHEVRON CORP | US | CVX | 6,790 | $569,884.70 |
| 172062101 | CINCINNATI FINANCIAL CORP | US | CINF | 182 | $14,452.62 |
| 17275R102 | CISCO SYSTEMS INC | US | CSCO | 2,729 | $115,218.38 |
| 172967424 | CITIGROUP INC | US | C | 1,447 | $73,970.64 |
| 172967KA8 | CITIGROUP INCA 4.45000 09/29/2027 | US | 2,330,000 | $2,708,705.94 | |
| 191216100 | COCA COLA CO/THE | US | KO | 83,090 | $4,115,447.70 |
| 194162103 | COLGATE-PALMOLIVE CO | US | CL | 790 | $62,615.40 |
| 20030N101 | COMCAST CORP-CL A | US | CMCSA | 2,079 | $93,159.99 |
| 20030NCY5 | COMCAST CORP 3.25000 11/01/2039 | US | 2,150,000 | $2,386,454.42 | |
| 20369C106 | COMMUNITY HEALTHCARE TRUST I | US | CHCT | 1,877 | $87,655.90 |
| 20449X401 | COMPASS GROUP PLC ADR | GB | CMPGY | 102,825 | $1,650,341.25 |
| 205887102 | CONAGRA BRAND INC. | US | CAG | 699 | $26,813.64 |
| 20605P101 | CONCHO RESOURCES INC | US | CXO | 36,770 | $1,911,304.60 |
| 20825C104 | CONOCOPHILLIPS | US | COP | 27,000 | $1,023,030.00 |
| 21036P108 | CONSTELLATION BRANDS INC-A | US | STZ | 162 | $29,885.76 |
| 217204106 | COPART INC | US | CPRT | 14,600 | $1,508,472.00 |
| 222795502 | COUSINS PROPERTIES INC | US | CUZ | 4,454 | $132,951.90 |
| 22822V101 | CROWN CASTLE INTL CORP | US | CCI | 987 | $161,127.75 |
| 22822VAN1 | CROWN CASTLE INTL CORP 3.10000 11/15/2029 | US | 1,500,000 | $1,648,701.51 | |
| 22944PAA5 | CSMC 2013-TH1 A1 2.13000 02/25/2043 | US | 373,164.79 | $382,545.85 | |
| 229663109 | CUBESMART | US | CUBE | 1,845 | $58,338.90 |
| 231021106 | CUMMINS INC | US | CMI | 201 | $41,657.25 |
| 253868103 | DIGITAL REALTY TRUST INC | US | DLR | 1,581 | $246,082.65 |
| 254687FW1 | WALT DISNEY COMPANY/THE 2.20000 01/13/2028 | US | 905,000 | $957,650.76 | |
| 25470DAT6 | DISCOVERY COMMUNICATIONS 5.20000 09/20/2047 | US | 2,320,000 | $2,782,620.13 | |
| 256746108 | DOLLAR TREE STORES INC | US | DLTR | 14,360 | $1,382,437.20 |
| 25746UDG1 | DOMINION ENERGY 3.37500 04/01/2030 | US | 1,385,000 | $1,576,576.97 | |
| 25787GAC4 | DONNELLEY FINANCIAL SOL 8.25000 10/15/2024 | US | 145,000 | $150,800.00 | |
| 25960P109 | DOUGLAS EMMETT INC | US | DEI | 2,937 | $82,001.04 |
| 260003108 | DOVER CORP | US | DOV | 160 | $17,574.40 |
| 26439XAC7 | DCP MIDSTREAM OPERATING 8.12500 08/16/2030 | US | 100,000 | $118,750.00 | |
| 264411505 | DUKE RLTY INVTS INC | US | DRE | 2,994 | $115,418.70 |
| 26875P101 | EOG RESOURCES INC | US | EOG | 28,235 | $1,280,174.90 |
| 26884L109 | EQT CORP | US | EQT | 93,360 | $1,481,623.20 |
| 26884LAG4 | EQT CORP 8.75000 02/01/2030 | US | 75,000 | $89,812.50 | |
| 2715777 | QUEBECOR INC -CL B | CA | QBR/B CN | 8,595 | $213,104.07 |
| 277276101 | EASTGROUP PROPERTIES | US | EGP | 253 | $33,689.48 |
| 285512109 | ELECTRONIC ARTS | US | EA | 15,560 | $2,170,153.20 |
| 2866857 | LUNDIN MINING CORP | CA | LUN CN | 18,160 | $113,748.00 |
| 291011104 | EMERSON ELEC CO | US | EMR | 697 | $48,420.59 |
| 29273RAR0 | ENERGY TRANSFER OPERATNG 6.50000 02/01/2042 | US | 2,410,000 | $2,597,231.53 | |
| 29444U700 | EQUINIX INC | US | EQIX | 3,921 | $3,096,727.38 |
| 29472R108 | EQUITY LIFESTYLE PROPERTIES | US | ELS | 1,985 | $131,585.65 |
| 29476L107 | EQUITY RESIDENTIAL | US | EQR | 1,270 | $71,691.50 |
| 297178105 | ESSEX PROPERTY TRUST INC | US | ESS | 151 | $32,693.01 |
| 30212P303 | EXPEDIA INC | US | EXPE | 56,550 | $5,550,382.50 |
| 30212PAS4 | EXPEDIA GROUP INC 6.25000 05/01/2025 | US | 1,030,000 | $1,131,790.52 | |
| 302154BV0 | EXPORT-IMPORT BANK KOREA 2.62500 12/30/2020 | KR | 4,675,000 | $4,705,195.22 | |
| 30225T102 | EXTRA SPACE STORAGE INC | US | EXR | 379 | $40,382.45 |
| 30231G102 | EXXON MOBIL CORP | US | XOM | 25,220 | $1,007,286.80 |
| 302491303 | FMC CORP | US | FMC | 14,410 | $1,539,852.60 |
| 30264DAA7 | FS ENERGY & POWER FUND 7.50000 08/15/2023 | US | 65,000 | $58,500.00 | |
| 30286XAN9 | FREMF 2015-K43 B FLT 3.86095 02/25/2048 | US | 2,300,000 | $2,502,564.68 | |
| 30291HAA5 | FREMF 2013-K28 X2A 0.10000 06/25/2046 | US | 100,950,418.78 | $189,948.31 | |
| 30303M102 | FACEBOOK INC -A | US | FB | 10,090 | $2,958,388.00 |
| 311900104 | FASTENAL CO | US | FAST | 776 | $37,915.36 |
| 3128M5A91 | FHLM POOL G03332 6.00000 10/01/2037 | US | 34,975.62 | $41,132.92 | |
| 3128M5NM8 | FHLM POOL G03696 5.50000 01/01/2038 | US | 75,755.94 | $88,005.28 | |
| 3128M6B98 | FHLM POOL G04264 5.50000 04/01/2038 | US | 263,087.1 | $305,083.04 | |
| 3128M73H7 | FHLM POOL G05900 6.00000 03/01/2040 | US | 69,598.65 | $81,899.11 | |
| 3128M73P9 | FHLM POOL G05906 6.00000 04/01/2040 | US | 83,926.02 | $98,895.03 | |
| 3128M7KW5 | FHLM POOL G05409 5.50000 03/01/2039 | US | 182,136.31 | $211,340.59 | |
| 3128M8AW4 | FHLM POOL G06021 5.50000 01/01/2040 | US | 71,783.9 | $83,192.20 | |
| 3128M9C83 | FHLM POOL G06995 6.00000 05/01/2040 | US | 219,457.43 | $257,528.45 | |
| 3128MB4Q7 | FHLM POOL G13331 5.50000 10/01/2023 | US | 4,257.4 | $4,424.70 | |
| 3128MBDP9 | FHLM POOL G12610 6.00000 03/01/2022 | US | 6,113.03 | $6,234.20 | |
| 3128MBE45 | FHLM POOL G12655 6.00000 05/01/2022 | US | 4,262.77 | $4,362.85 | |
| 3128MBRH2 | FHLM POOL G12988 6.00000 01/01/2023 | US | 4,343.37 | $4,495.70 | |
| 3128MBUB1 | FHLM POOL G13078 6.00000 03/01/2023 | US | 6,741.21 | $6,965.63 | |
| 3128MJ2U3 | FHLM GOLD POOL FG G08786 4.50000 10/01/2047 | US | 1,249,262.38 | $1,355,159.07 | |
| 3128MJJT8 | FHLM POOL G08273 5.50000 06/01/2038 | US | 182,864.57 | $211,645.48 | |
| 31335ABB3 | FHLM POOL G60034 4.50000 02/01/2045 | US | 2,118,233.52 | $2,368,303.91 | |
| 31335AFY9 | FHLM POOL G60183 4.00000 12/01/2044 | US | 385,898.36 | $415,404.97 | |
| 3133A6DB4 | FEDERAL NATL MTG ASSN FR QB0098 2.50000 06/01/2050 | US | 2,784,455.59 | $2,929,742.52 | |
| 3135G0Q22 | FANNIE MAE 1.87500 09/24/2026 | US | 7,500,000 | $8,094,446.10 | |
| 3136AY6W8 | FNA 2017-M15 A1 FLT 3.05797 09/25/2027 | US | 1,393,705.28 | $1,514,737.85 | |
| 3136B1YD0 | FNR 2018-31 KP 3.50000 07/25/2047 | US | 527,618.15 | $548,108.31 | |
| 31371NCJ2 | FEDERAL NATL MTG ASSN 256673 5.50000 04/01/2037 | US | 349,001.13 | $404,398.09 | |
| 3137ADTK3 | FHMS K014 X1 FLT 1.32366 04/25/2021 | US | 6,381,560.89 | $26,229.49 | |
| 3137AJMG6 | FMHS K016 X1 FLT 1.63779 10/25/2021 | US | 3,717,461.04 | $47,390.57 | |
| 3137AUPF0 | FHMS K021 x1 FLT 1.54441 06/25/2022 | US | 14,669,501.46 | $285,619.59 | |
| 3137B3NB0 | FHMS K030 X1 FLT 0.28647 04/25/2023 | US | 43,903,735.89 | $180,764.85 | |
| 3137B4GZ3 | FHMS K032 X1 FLT 0.20559 05/25/2023 | US | 28,297,524.07 | $79,886.74 | |
| 3137F4YU0 | FHR 4791 BA MTGE 4.00000 03/15/2044 | US | 544,420.36 | $555,780.13 | |
| 3137FG2L8 | FHR 4801 BA MTGE 4.50000 05/15/2044 | US | 327,698.39 | $332,142.86 | |
| 3138ABBY4 | FEDERAL NATL MTG ASSN AH9054 4.50000 04/01/2041 | US | 149,886.76 | $166,711.84 | |
| 3138ASSD5 | FEDERAL NATL MTG ASSN AJ1415 4.50000 09/01/2041 | US | 86,349.31 | $96,345.17 | |
| 3138EQTZ5 | FEDERAL NATL MTG ASSN AL7767 4.50000 06/01/2044 | US | 1,268,037.68 | $1,413,941.05 | |
| 3138ETT89 | FEDERAL NATL MTG ASSN AL8674 FLT 5.64300 01/01/2049 | US | 1,667,804.52 | $1,970,388.41 | |
| 31403DDX4 | FEDERAL NATL MTG ASSN 745418 5.50000 04/01/2036 | US | 385,460.9 | $450,953.62 | |
| 3140E2GZ8 | FEDERAL NATL MTG ASSN AZ9215 4.00000 10/01/2045 | US | 409,670.46 | $452,458.12 | |
| 3140F2QS2 | FEDERAL NATL MTG ASSN BC6764 3.50000 04/01/2046 | US | 462,563.11 | $494,521.27 | |
| 3140F9M51 | FEDERAL NATL MTG ASSN BD2179 4.00000 07/01/2046 | US | 1,242,341.42 | $1,349,302.84 | |
| 3140FEXR0 | FEDERAL NATL MTG ASSN BD6987 4.00000 10/01/2046 | US | 1,168,230.98 | $1,254,795.79 | |
| 31410FSE6 | FEDERAL NATL MTG ASSN 888017 6.00000 11/01/2021 | US | 3,311.72 | $3,359.23 | |
| 31410FV51 | FEDERAL NATL MTG ASSN 888136 6.00000 12/01/2021 | US | 4,251.31 | $4,322.73 | |
| 31410GCD3 | FEDERAL NATL MTG ASSN 888468 5.50000 09/01/2021 | US | 17,270.17 | $17,406.57 | |
| 31410GN33 | FEDERAL NATL MTG ASSN 888810 5.50000 11/01/2022 | US | 19,055.86 | $19,231.05 | |
| 31410KJV7 | FEDERAL NATL MTG ASSN 889576 6.00000 04/01/2038 | US | 238,982.85 | $280,844.41 | |
| 31410KLD4 | FEDERAL NATL MTG ASSN 889624 5.50000 05/01/2038 | US | 226,428.14 | $262,045.94 | |
| 31411JXP6 | FEDERAL NATL MTG ASSN 909786 5.50000 03/01/2037 | US | 78,784.62 | $91,205.68 | |
| 31416BSW9 | FEDERAL NATL MTG ASSN 995233 5.50000 10/01/2021 | US | 144.81 | $145.53 | |
| 31416BVW5 | FEDERAL NATL MTG ASSN 995329 5.50000 12/01/2021 | US | 10,512.6 | $10,600.95 | |
| 31418BBC9 | FEDERAL NATL MTG ASSN MA1834 4.50000 02/01/2034 | US | 382,375.72 | $421,236.35 | |
| 31418BDH6 | FEDERAL NATL MTG ASSN MA1903 4.50000 05/01/2034 | US | 417,768.38 | $460,233.95 | |
| 31418CYJ7 | FEDERAL NATL MTG ASSN FN MA3412 3.50000 07/01/2038 | US | 364,835.52 | $385,211.63 | |
| 31418DNN8 | FEDERAL NATL MTG ASSN FN MA3996 2.50000 04/01/2050 | US | 1,029,904.68 | $1,066,935.21 | |
| 31418DQ21 | FEDERAL NATL MTG ASSN FN MA4072 2.50000 07/01/2040 | US | 1,800,005.36 | $1,894,936.87 | |
| 31418DQG0 | FEDERAL NATL MTG ASSN FN MA4054 2.50000 06/01/2040 | US | 3,705,789.16 | $3,901,226.59 | |
| 31418DQZ8 | FEDERAL NATL MTG ASSN FN MA4071 2.00000 07/01/2040 | US | 1,932,772.06 | $1,995,527.47 | |
| 31418MDZ2 | FEDERAL NATL MTG ASSN AD0119 6.00000 07/01/2038 | US | 111,333.53 | $131,233.85 | |
| 31418MG63 | FEDERAL NATL MTG ASSN AD0220 6.00000 10/01/2038 | US | 48,383.12 | $57,168.58 | |
| 31418MJC7 | FEDERAL NATL MTG ASSN AD0258 5.50000 03/01/2039 | US | 131,701.15 | $152,632.80 | |
| 31418MKV3 | FEDERAL NATL MTG ASSN AD0307 5.50000 01/01/2039 | US | 225,644.13 | $261,809.21 | |
| 31418MQQ8 | FEDERAL NATL MTG ASSN AD0462 5.50000 10/01/2024 | US | 7,987 | $8,422.93 | |
| 31419BBV6 | FEDERAL NATL MTG ASSN AE0951 4.50000 02/01/2041 | US | 374,418.28 | $418,518.58 | |
| 315786AC7 | FIDELITY & GUARA NTY LIFE 5.50000 05/01/2025 | US | 150,000 | $165,375.00 | |
| 316067107 | FIDELITY CASH RESERVES | US | 89,006.02 | $89,006.02 | |
| 316773100 | FIFTH THIRD BANCORP | US | FITB | 960 | $19,833.60 |
| 32054K103 | FIRST INDUSTRIAL REALTY TR | US | FR | 2,389 | $101,890.85 |
| 33834YAA6 | FIVE POINT OP CO LP/FIVE 7.87500 11/15/2025 | US | 115,000 | $115,575.00 | |
| 34461LAA2 | FONTAINEBLEAU MIAMI BEACH TRUST 3.14400 12/10/2036 | US | 1,240,000 | $1,270,146.88 | |
| 345370CX6 | FORD MOTOR COMPANY 9.62500 04/22/2030 | US | 140,000 | $183,508.50 | |
| 345397XU2 | FORD MOTOR CREDIT CO LLC 4.38900 01/08/2026 | US | 80,000 | $81,385.60 | |
| 346232AE1 | FORESTAR GROUP INC 5.00000 03/01/2028 | US | 75,000 | $75,778.50 | |
| 34960PAB7 | FORTRESS TRANS & INFRAST 6.50000 10/01/2025 | US | 85,000 | $82,450.00 | |
| 34960PAC5 | FORTRESS TRANS & INFRAST 9.75000 08/01/2027 | US | 75,000 | $79,970.25 | |
| 35166FAA0 | FOXTROT ESCROW ISSUER 12.25000 11/15/2026 | US | 90,000 | $98,241.30 | |
| 357081AE8 | FREMF 2015-K720 B FLT 3.50986 07/25/2022 | US | 970,000 | $1,001,186.66 | |
| 36166LAA5 | GEMS MENASA KY LTD/GEMS 7.12500 07/31/2026 | AE | 75,000 | $72,375.00 | |
| 36237HAA9 | G-III APPAREL GROUP LTD 7.87500 08/15/2025 | US | 120,000 | $119,250.00 | |
| 36257MAA3 | GSMS 2019-70P A 1.16188 10/15/2036 | US | 1,000,000 | $962,428.70 | |
| 369550108 | GENERAL DYNAMICS CORP | US | GD | 275 | $41,071.25 |
| 369604BQ5 | GENERAL ELECTRIC CO 5.00000 01/21/2021 | US | 1,880,000 | $1,474,935.20 | |
| 370334104 | GENERAL MLS INC | US | GIS | 698 | $44,637.10 |
| 372460105 | GENUINE PARTS CO | US | GPC | 237 | $22,382.28 |
| 37255LAA5 | GENWORTH MORTGAGE HLDING 6.50000 08/15/2025 | US | 120,000 | $126,465.60 | |
| 374297109 | GETTY REALTY CORP | US | GTY | 2,364 | $69,241.56 |
| 375558103 | GILEAD SCIENCES INC | US | GILD | 1,037 | $69,219.75 |
| 37953TAB1 | GLOBAL SHIP LEASE INC 9.87500 11/15/2022 | MH | 200,000 | $195,750.00 | |
| 38217TAA3 | GOODG 2020-1A MTGE 2.63000 04/15/2055 | US | 1,649,906.01 | $1,661,540.16 | |
| 38379RRX3 | GNR 2017-54 AH MTGE 2.60000 12/16/2056 | US | 1,066,044.18 | $1,117,724.08 | |
| 384802104 | WW GRAINGER INC | US | GWW | 56 | $20,464.08 |
| 388689101 | GRAPHIC PACKAGING HOLDING CO | US | GPK | 211,295 | $2,953,904.10 |
| 400506101 | GRUPO AEROPORTUARIO PAC-ADR | MX | PAC | 840 | $65,083.20 |
| 40051E202 | GRUPO AEROPORTUARIO DEL SURESTE | MX | ASR | 665 | $75,450.90 |
| 4012250 | AIRBUS SE | FR | AIR FP | 405 | $33,306.11 |
| 4031976 | ADIDAS AG | DE | ADS GR | 5,380 | $1,637,114.16 |
| 404119BX6 | HCA INC 4.12500 06/15/2029 | US | 1,620,000 | $1,866,515.40 | |
| 416515104 | HARTFORD FINL SVCS | US | HIG | 507 | $20,508.15 |
| 418751AD5 | HAT HOLDINGS I LLC/HAT 3.75000 09/15/2030 | US | 80,000 | $80,400.00 | |
| 421946104 | HEALTHCARE REALTY TRUST INC | US | HR | 1,285 | $37,072.25 |
| 42225P501 | HEALTHCARE TRUST OF AMERICA | US | HTA | 2,272 | $59,958.08 |
| 42250P103 | HEALTHPEAK PROPERTIES INC | US | PEAK | 5,536 | $153,015.04 |
| 427866108 | HERSHEY CO/THE | US | HSY | 244 | $36,268.16 |
| 431571AB4 | HILLENBRAND INC 4.50000 09/15/2026 | US | 115,000 | $123,337.50 | |
| 43300A203 | HILTON WORLDWIDE HOLDINGS INC | US | HLT | 20,106 | $1,816,778.16 |
| 437076102 | HOME DEPOT INC | US | HD | 635 | $181,000.40 |
| 438516106 | HONEYWELL INTERNATIONAL INC | US | HON | 529 | $87,575.95 |
| 440452100 | HORMEL FOODS CORP | US | HRL | 498 | $25,388.04 |
| 443201AA6 | HOWMET AEROSPACE INC 6.87500 05/01/2025 | US | 120,000 | $136,400.85 | |
| 444454AD4 | HUGHES SATELLITE SYSTEMS 5.25000 08/01/2026 | US | 75,000 | $81,937.50 | |
| 450913AE8 | IAMGOLD CORP 7.00000 04/15/2025 | CA | 150,000 | $157,500.00 | |
| 452308109 | ILLINOIS TOOL WKS INC | US | ITW | 309 | $61,042.95 |
| 45337C102 | INCYTE CORP | US | INCY | 8,790 | $846,916.50 |
| 45569LAA9 | INDIGO NATURAL RES LLC 6.87500 02/15/2026 | US | 80,000 | $81,800.00 | |
| 45682RAA8 | INFRABUILD AUSTRALIA PTY 12.00000 10/01/2024 | AU | 120,000 | $114,000.00 | |
| 45778Q107 | INSPERITY INC | US | NSP | 23,985 | $1,615,869.45 |
| 458140100 | INTEL CORP | US | INTC | 2,435 | $124,063.25 |
| 45857P806 | INTERCONTINENTAL HOTELS-ADR | GB | IHG | 12,930 | $749,422.80 |
| 45866F104 | INTERCONTINENTALEXCHANGE INC | US | ICE | 30,775 | $3,269,228.25 |
| 459200101 | INTERNATIONAL BUSINESS MACH CORP | US | IBM | 689 | $84,960.59 |
| 459506101 | INTERNATIONAL FLVRS & FRAGRANCES | US | IFF | 117 | $14,483.43 |
| 46116VAE5 | INTL FC STORE INC 8.62500 06/15/2025 | US | 190,000 | $205,675.00 | |
| 46187BAA1 | IHSFR 2017-SFR2 A 1.01188 12/17/2036 | US | 471,264.15 | $467,778.59 | |
| 46187BAB9 | IHSFR 2017-SFR2 B 1.31188 12/17/2036 | US | 390,000 | $389,336.53 | |
| 46187W107 | INVITATION HOMES INC | US | INVH | 7,438 | $212,949.94 |
| 46284VAN1 | IRON MOUNTAIN INC 4.50000 02/15/2031 | US | 80,000 | $82,109.60 | |
| 465410BX5 | ITALY GOV'T INT BOND 2.37500 10/17/2024 | IT | 500,000 | $517,107.82 | |
| 46625H100 | JP MORGAN CHASE & CO | US | JPM | 1,542 | $154,492.98 |
| 46639GAL0 | JPMMT 2013-1 1A2 3.00000 03/25/2043 | US | 292,404.93 | $297,590.44 | |
| 46640BAC8 | JPMMT 2013-2 A2 3.50000 05/25/2043 | US | 329,668.7 | $344,651.45 | |
| 46641YAA1 | JPMMT 2014-2 1A1 3.00000 06/25/2029 | US | 509,284.91 | $515,138.17 | |
| 46647PBP0 | JPMORGAN CHASE & CO 2.95600 05/13/2031 | US | 2,410,000 | $2,592,132.14 | |
| 46647SAJ9 | JPMMT 2017-3 1A5 3.50000 08/25/2047 | US | 348,547.73 | $349,881.87 | |
| 478160104 | JOHNSON & JOHNSON | US | JNJ | 31,558 | $4,841,312.78 |
| 47987LAA9 | JONAH NRG LLC/FINANCE 7.25000 10/15/2025 | US | 90,000 | $12,600.00 | |
| 48088LAB3 | JOSEPH T RYERSON & SON 8.50000 08/01/2028 | US | 70,000 | $76,475.00 | |
| 482480100 | KLA-TENCOR CORPORATION | US | KLAC | 192 | $39,386.88 |
| 487526AB1 | KEHE DISTRIBUTORS LLC/FI 8.62500 10/15/2026 | US | 120,000 | $130,500.00 | |
| 49427F108 | KILROY REALTY CORP | US | KRC | 1,982 | $115,986.64 |
| 494368103 | KIMBERLY CLARK CORP | US | KMB | 349 | $55,058.24 |
| 494550AW6 | KINDER MORGAN ENER PART 6.95000 01/15/2038 | US | 1,730,000 | $2,301,364.26 | |
| 501044101 | KROGER CO | US | KR | 984 | $35,109.12 |
| 505742AG1 | LADDER CAP FIN LLLP/CORP 5.25000 10/01/2025 | US | 115,000 | $109,250.00 | |
| 5107401 | BEIERSDORF AG | DE | BEI GR | 1,585 | $183,209.27 |
| 512816109 | LAMAR ADVERTISING CO-A | US | LAMR | 832 | $57,599.36 |
| 53223X107 | LIFE STORAGE INC | US | LSI | 935 | $98,577.05 |
| 532457108 | ELI LILLY & CO | US | LLY | 496 | $73,601.44 |
| 539473AE8 | LLOYDS BANK PLC 12.00000 12/16/2024 | GB | 100,000 | $116,854.80 | |
| 539830109 | LOCKHEED MARTIN CORP | US | LMT | 216 | $84,296.16 |
| 541056AA5 | LOGAN MERGER SUB INC 5.50000 09/01/2027 | US | 65,000 | $66,279.85 | |
| 54238XAC2 | LONESTAR RESOURCES AMERICA 11.25000 01/01/2023 | US | 135,000 | $21,600.00 | |
| 550021109 | LULULEMON - ADR | CA | LULU | 4,335 | $1,628,529.45 |
| 552697AQ7 | MDC PARTNERS INC 6.50000 05/01/2024 | CA | 80,000 | $76,400.00 | |
| 552848AG8 | MGIC INVESTMENT CORP 5.25000 08/15/2028 | US | 120,000 | $126,000.00 | |
| 56585A102 | MARATHON PETROLEUM CORP | US | MPC | 898 | $31,843.08 |
| 573284106 | MARTIN MARIETTA MATERIALS | US | MLM | 3,465 | $702,944.55 |
| 57636Q104 | MASTERCARD INC-CLASS A | US | MA | 18,330 | $6,565,622.70 |
| 577128AA9 | MATTHEWS INTERNATIONAL C 5.25000 12/01/2025 | US | 25,000 | $23,625.00 | |
| 58933Y105 | MERCK & CO INC | US | MRK | 1,559 | $132,935.93 |
| 594918104 | MICROSOFT CORP | US | MSFT | 13,550 | $3,055,931.50 |
| 595112103 | MICRON TECHNOLOGY INC | US | MU | 77,970 | $3,548,414.70 |
| 59522J103 | MID-AMERICA APARTMENT COMM | US | MAA | 1,250 | $146,400.00 |
| 609207105 | MONDELEZ INTERNATIONAL INC | US | MDLZ | 53,029 | $3,097,954.18 |
| 615369105 | MOODY'S CORPORATION | US | MCO | 4,110 | $1,210,970.40 |
| 61965RAA3 | MOSS CREEK RESOURCES HLD 7.50000 01/15/2026 | US | 120,000 | $82,200.00 | |
| 62426EAA3 | MOUNTAIN PROVINCE DIAMON 8.00000 12/15/2022 | CA | 40,000 | $29,200.00 | |
| 6253983 | ARISTOCRAT LEISURE LTD | AU | ALL AU | 3,100 | $64,579.51 |
| 62913TAJ1 | NGL ENRGY PART LP/FIN CO 7.50000 11/01/2023 | US | 75,000 | $54,750.00 | |
| 6321954 | TRAVELSKY TECHNOLOGY LTD-H | CN | 696 HK | 1,000 | $2,076.63 |
| 63938CAH1 | NAVIENT CORP 6.75000 06/25/2025 | US | 120,000 | $125,100.00 | |
| 63938NAF1 | NAVIOS SA LOGIST/FIN US 10.75000 07/01/2025 | MH | 45,000 | $48,712.50 | |
| 64033QAB5 | NSLT 2015-2A A2 0.77513 09/25/2047 | US | 1,576,494.13 | $1,523,650.05 | |
| 64110D104 | NETAPP INC | US | NTAP | 320 | $15,164.80 |
| 644393AA8 | NEW FORTRESS ENERGY INC 6.75000 09/15/2025 | US | 155,000 | $157,278.50 | |
| 64829DAG1 | NRZT 2014-3A AFX3 3.75000 11/25/2054 | US | 419,874.54 | $449,500.76 | |
| 64829EAA2 | NRZT 2015-2A A1 3.75000 08/25/2055 | US | 553,207.66 | $597,249.19 | |
| 64829LAA6 | NRZT 2016-4A A1 3.75000 11/25/2056 | US | 1,050,535.07 | $1,126,692.77 | |
| 655844108 | NORFOLK SOUTHN CORP | US | NSC | 192 | $40,805.76 |
| 6642321 | NIKON CORP | JP | 7731 JP | 146,900 | $1,150,475.82 |
| 66727WAA0 | NORTHWEST ACQ/DOMINION 7.12500 11/01/2022 | CA | 380,000 | $6,080.00 | |
| 66987V109 | NOVARTIS AG- REG | CH | NVS | 51,435 | $4,426,496.10 |
| 670346105 | NUCOR CORP | US | NUE | 498 | $22,639.08 |
| 67401PAB4 | OAKTREE SPECIALTY LEND 3.50000 02/25/2025 | US | 75,000 | $75,500.07 | |
| 6742340 | SHANDONG WEIGAO | CN | 1066 HK | 96,000 | $223,687.67 |
| 674599EA9 | OCCIDENTAL PETROLEUM COR 8.87500 07/15/2030 | US | 75,000 | $84,750.00 | |
| 675232AB8 | OCEANEERING INTL INC 6.00000 02/01/2028 | US | 110,000 | $69,410.00 | |
| 6821506 | SONY CORP FIRST SECTION | JP | 6758 JP | 1,400 | $109,626.16 |
| 682189AQ8 | ON SEMICONDUCTOR CORP 3.87500 09/01/2028 | US | 75,000 | $78,261.00 | |
| 68389X105 | ORACLE CORP | US | ORCL | 1,424 | $81,481.28 |
| 68555PAA8 | ORBCOMM INC 8.00000 04/01/2024 | US | 120,000 | $116,700.00 | |
| 69145LAA2 | OXFORD FIN LLC/CO-ISS II 6.37500 12/15/2022 | US | 25,000 | $23,821.75 | |
| 69327RAJ0 | PDC ENERGY INC 5.75000 05/15/2026 | US | 75,000 | $76,725.00 | |
| 693456AW5 | PMTLT 2013-J1 a9 3.50000 09/25/2043 | US | 816,497.97 | $860,355.10 | |
| 693475105 | PNC FINANCIAL SERVICES GROUP | US | PNC | 309 | $34,360.80 |
| 693506107 | PPG INDUSTRIES INC | US | PPG | 216 | $26,006.40 |
| 69354NAC0 | PRA GROUP INC 7.37500 09/01/2025 | US | 110,000 | $117,249.00 | |
| 701094104 | PARKER HANNIFIN CORP | US | PH | 132 | $27,193.32 |
| 7021963 | DEUTSCHE BOERSE AG | DE | DB1 GR | 1,725 | $326,343.15 |
| 70450Y103 | PAYPAL HOLDINGS INC | US | PYPL | 9,820 | $2,004,654.80 |
| 7123870 | NESTLE SA-REGISTERED | CH | NESN SW | 28,904 | $3,481,404.03 |
| 713448108 | PEPSICO INC | US | PEP | 10,880 | $1,523,852.80 |
| 717081103 | PFIZER INC | US | PFE | 3,576 | $135,137.04 |
| 719245AD4 | PHOTO HOLDINGS MERGER SU 8.50000 10/01/2026 | US | 100,000 | $91,906.00 | |
| 71943U104 | PHYSICIANS REALTY TRUST | US | DOC | 2,392 | $43,414.80 |
| 723787107 | PIONEER NATURAL RESOURCES CO | US | PXD | 22,760 | $2,365,446.80 |
| 741503AZ9 | BOOKING HOLDINGS INC 3.60000 06/01/2026 | US | 3,210,000 | $3,603,645.35 | |
| 74166MAE6 | PRIME SECSRVC BRW/FINANC 6.25000 01/15/2028 | US | 75,000 | $78,750.00 | |
| 74340W103 | PROLOGIS | US | PLD | 4,913 | $500,438.18 |
| 74460D109 | PUBLIC STORAGE INC | US | PSA | 666 | $141,458.40 |
| 747525103 | QUALCOMM INC | US | QCOM | 678 | $80,749.80 |
| 74834L100 | QUEST DIAGNOSTICS INC | US | DGX | 199 | $22,136.76 |
| 750236AW1 | RADIAN GROUP INC 4.87500 03/15/2027 | US | 170,000 | $170,510.00 | |
| 75513E101 | RAYTHEON TECHNOLOGIES CORP | US | RTX | 1,123 | $68,503.00 |
| 756109104 | REALTY INCOME CORP | US | O | 833 | $51,670.99 |
| 758849103 | REGENCY CENTERS CORP | US | REG | 589 | $23,389.19 |
| 7591EP100 | REGIONS FINANCIAL CORP. | US | RF | 1,396 | $16,137.76 |
| 76131D103 | RESTAURANT BRANDS INTERN | CA | QSR | 4,340 | $234,967.60 |
| 76169C100 | REXFORD INDUSTRIAL REALITY IN | US | REXR | 2,233 | $107,139.34 |
| 7698356 | GETINGE AB-B SHS | SE | GETIB SS | 9,075 | $202,201.54 |
| 773903109 | ROCKWELL AUTOMATION INC | US | ROK | 137 | $31,582.61 |
| 778296AE3 | ROSS STORES INC 5.45000 04/15/2050 | US | 760,000 | $977,215.42 | |
| 780259107 | ROYAL DUTCH SHELL PLC-ADR B | NL | RDS/B | 18,495 | $519,709.50 |
| 783513203 | RYANAIR HOLDINGS - ADR | IE | RYAAY | 28,988 | $2,345,129.20 |
| 78403DAP5 | SBA TOWER TRUST 1.88400 01/15/2026 | US | 1,730,000 | $1,741,693.59 | |
| 78409V104 | S&P GLOBAL INC | US | SPGI | 2,870 | $1,051,625.40 |
| 78410G104 | SBA COMMUNICATIONS CORP | US | SBAC | 6,800 | $2,081,276.00 |
| 78442PGC4 | SLM CORP 5.12500 04/05/2022 | US | 175,000 | $180,250.00 | |
| 78449XAA0 | SMB 2020-BA A1A 1.29000 07/15/2053 | US | 2,050,000 | $2,047,554.76 | |
| 78490DAA2 | SOFI 2018-C A1FX 3.08000 01/25/2048 | US | 487,383.31 | $490,484.72 | |
| 785592AV8 | SABINE PASS LIQUEFACTION 5.87500 06/30/2026 | US | 2,620,000 | $3,151,133.45 | |
| 79466L302 | SALESFORCE.COM | US | CRM | 12,380 | $3,375,407.00 |
| 806857108 | SCHLUMBERGER LTD | NL | SLB | 46,245 | $879,117.45 |
| 81141R100 | SEA LTD - ADR | SG | SE | 915 | $139,821.15 |
| 81745BAB1 | SEMT 2013-6 A2 3.00000 05/25/2043 | US | 908,278.86 | $950,253.70 | |
| 81745CAB9 | SEMT 2013-7 A2 3.00000 06/25/2043 | US | 377,166.21 | $387,941.43 | |
| 81745EAA7 | SEMT 2013-8 A1 3.00000 06/25/2043 | US | 497,069.75 | $511,350.81 | |
| 81745MAA9 | SEMT 2013-2 1.87400 02/25/2043 | US | 380,172.96 | $382,959.93 | |
| 81762P102 | SERVICENOW INC | US | NOW | 3,100 | $1,494,262.00 |
| 83088M102 | SKYWORKS SOLUTIONS INC | US | SWKS | 176 | $25,493.60 |
| 832696405 | JM SMUCKER CO/THE-NEW COM WI | US | SJM | 171 | $20,550.78 |
| 83401BAB2 | SOFI 2017-F A2FX 2.84000 01/25/2041 | US | 196,608.06 | $201,936.32 | |
| 83404RAB4 | SOFI 2018-B A2FX MTGE 3.34000 08/25/2047 | US | 900,000 | $929,280.33 | |
| 83404YAA1 | SCLP 2016-5 A 3.06000 09/25/2028 | US | 8,970.32 | $8,987.63 | |
| 83406EAB1 | SOFI 2018-A A2A 2.39000 02/25/2042 | US | 31,062.53 | $31,090.96 | |
| 844741BJ6 | SOUTHWEST AIRLINES CO 5.25000 05/04/2025 | US | 1,930,000 | $2,106,459.03 | |
| 85172FAN9 | SPRINGLEAF FINANCE CORP 7.12500 03/15/2026 | US | 80,000 | $91,799.60 | |
| 85254J102 | STAG INDUSTRIAL INC | US | STAG | 1,736 | $56,072.80 |
| 854502101 | STANLEY WORKS/THE | US | SWK | 155 | $25,001.50 |
| 85571BAL9 | STARWOOD PROPERTY TRUST 4.75000 03/15/2025 | US | 120,000 | $115,500.00 | |
| 85571XAA5 | SRPT 2014-STAR A FLTG RATE 1.63188 11/15/2027 | US | 1,506,780.74 | $1,055,077.56 | |
| 861036AA9 | STL HOLDING CO LLC 7.50000 02/15/2026 | US | 110,000 | $111,375.00 | |
| 866674104 | SUN COMMUNITIES | US | SUI | 1,453 | $216,613.24 |
| 86935CAA0 | SCML 2019-SBC8 2.86000 04/25/2041 | US | 1,707,608.71 | $1,721,165.42 | |
| 87105L104 | SWITCH INC - A | US | SWCH | 5,670 | $97,524.00 |
| 871829107 | SYSCO CORP | US | SYY | 27,148 | $1,632,680.72 |
| 872540AU3 | TJX COS INC 4.50000 04/15/2050 | US | 1,130,000 | $1,437,589.38 | |
| 87422VAJ7 | TALEN ENERGY SUPPLY LLC 7.62500 06/01/2028 | US | 110,000 | $113,672.90 | |
| 87677QAA9 | TXEZ 2016-1A 3.13100 06/15/2028 | US | 208,507.76 | $208,929.97 | |
| 87854WAA1 | TECHNIPLAS LLC 10.00000 05/01/2020 | US | 55,000 | $12,237.50 | |
| 88032WAN6 | TENCENT HOLDINGS 3.97500 04/11/2029 | KY | 2,140,000 | $2,469,539.35 | |
| 88146M101 | TERRENO REALTY CORP | US | TRNO | 1,261 | $75,206.04 |
| 882508104 | TEXAS INSTRUMENTS INC | US | TXN | 684 | $97,230.60 |
| 883556102 | THERMO FISHER SCIENTIFIC INC | US | TMO | 3,510 | $1,505,719.80 |
| 88579Y101 | 3M CO | US | MMM | 488 | $79,553.76 |
| 89151E109 | TOTAL S A SPONSORED ADR | FR | TOT | 33,830 | $1,338,653.10 |
| 89173CAA5 | TPMT 2016-5 A1 2.50000 10/25/2056 | US | 1,286,536.92 | $1,313,697.52 | |
| 89173FAA8 | TPMT 2017-1 A1 2.75000 10/25/2056 | US | 765,437.37 | $787,004.03 | |
| 89177EAA7 | TPMT 2019-HY1 A1 1.17513 10/25/2048 | US | 687,510.06 | $686,079.08 | |
| 892231AA9 | TOWNSQUARE MEDIA INC 6.50000 04/01/2023 | US | 110,000 | $101,475.00 | |
| 89417E109 | TRAVELLERS COS INC | US | TRV | 279 | $32,375.16 |
| 89613BAA5 | TAH 2016-SFR1 A 2.58900 11/17/2033 | US | 1,897,068.4 | $1,902,062.05 | |
| 89613FAA6 | TAH 2017-SFR2 A 2.92800 01/17/2036 | US | 908,459.29 | $941,345.52 | |
| 89832Q109 | TRUIST FINANCIAL CORP | US | TFC | 1,371 | $53,208.51 |
| 901109AF5 | TUTOR PERINI CORP 6.87500 05/01/2025 | US | 195,000 | $187,687.50 | |
| 902494103 | TYSON FOODS INC -CL A | US | TSN | 413 | $25,936.40 |
| 902653104 | UDR INC | US | UDR | 1,191 | $41,458.71 |
| 902973304 | U.S. BANCORP | US | USB | 1,458 | $53,071.20 |
| 904767704 | UNILEVER PLC - ADR | GB | UL | 85,413 | $5,088,906.54 |
| 907818108 | UNION PAC CORP | US | UNP | 525 | $101,031.00 |
| 91086QBG2 | UNITED MEXICAN STATES 4.12500 01/21/2026 | MX | 200,000 | $223,100.00 | |
| 9127963S6 | TREASURY BILL 0.00000 07/15/2021 | US | 2,250,000 | $2,247,325.31 | |
| 912810FS2 | TSY INFL IX N/B 2.00000 01/15/2026 | US | 7,552,929.05 | $8,989,018.21 | |
| 912810RX8 | US TREASURY N/B 3.00000 05/15/2047 | US | 3,484,000 | $4,711,293.42 | |
| 912828D56 | US TREASURY N/B 2.37500 08/15/2024 | US | 5,485,000 | $5,953,581.85 | |
| 912828R36 | US TREASURY N/B 1.62500 05/15/2026 | US | 7,290,000 | $7,814,253.50 | |
| 912828YN4 | US TREASURY FRN FLT 0.40503 10/31/2021 | US | 7,701,000 | $7,725,899.49 | |
| 912828ZJ2 | TSY INFL IX N/B 0.12500 04/15/2025 | US | 5,594,070.25 | $6,015,592.17 | |
| 91704F104 | URBAN EDGE PROPERTIES | US | UE | 3,760 | $39,705.60 |
| 918204108 | VF CORP | US | VFC | 477 | $31,362.75 |
| 91913Y100 | VALERO ENERGY | US | VLO | 502 | $26,400.18 |
| 92343VDU5 | VERIZON COMMUNICATIONS 5.25000 03/16/2037 | US | 2,900,000 | $3,939,409.04 | |
| 92826C839 | VISA INC - CLASS A SHARES | US | V | 28,460 | $6,033,235.40 |
| 92826CAK8 | VISA INC 2.70000 04/15/2040 | US | 2,300,000 | $2,484,375.15 | |
| 928668BE1 | VOLKSWAGEN GROUP AMERICA 3.35000 05/13/2025 | US | 1,415,000 | $1,555,233.87 | |
| 929160109 | VULCAN MATERIALS CO | US | VMC | 12,285 | $1,474,200.00 |
| 93065PAA9 | WBHT 2019-WBM A FLT 1.21188 12/15/2033 | US | 1,045,000 | $992,711.75 | |
| 931142103 | WAL MART STORES | US | WMT | 1,366 | $189,669.10 |
| 94106L109 | WASTE MANAGEMENT INC | US | WM | 430 | $49,020.00 |
| 949746101 | WELLS FARGO COMPANY | US | WFC | 3,086 | $74,526.90 |
| 95040Q104 | WELLTOWER INC. | US | WELL | 1,864 | $107,217.28 |
| 95081QAP9 | WESCO DISTRIBUTION INC 7.25000 06/15/2028 | US | 115,000 | $128,280.78 | |
| 962178AN9 | TRI POINTE GROUP / HOMES 5.87500 06/15/2024 | US | 110,000 | $119,350.00 | |
| 966387AH5 | WHITING PETROLEUM CORP 5.75000 03/15/2021 | US | 390,000 | $87,750.00 | |
| 96949LAD7 | WILLIAMS PARTNERS LP 3.75000 06/15/2027 | US | 1,920,000 | $2,121,310.18 | |
| 97652TAA1 | WIN 2015-1 A1 3.50000 01/20/2045 | US | 421,941.1 | $434,430.60 | |
| 98311A105 | WYNDHAM HOTELS & RESORTS INC | US | WH | 1,658 | $86,812.88 |
| 983919101 | XILINX INC | US | XLNX | 237 | $24,685.92 |
| B02J639 | ADMIRAL GROUP PLC | GB | ADM LN | 9,330 | $325,539.32 |
| B1KFX13 | GRUPO AEROPORTUARIO DEL CENT | MX | OMAB MM | 13,100 | $59,992.28 |
| B1Y47Y7 | GERRESHEIMER AG | DE | GXI GR | 1,940 | $228,846.75 |
| B1Y9TB3 | DANONE | FR | BN FP | 4,025 | $264,669.34 |
| B3QJ0H8 | TOURMALINE OIL CORP | CA | TOU CN | 17,165 | $218,058.07 |
| B3ZD2V9 | MEX BONOS DESARR FIX RT 6.50000 06/10/2021 | MX | 2,850,000 | $132,127.36 | |
| B4888C1 | CANADIAN GOVERNMENT FLT 2.75000 06/01/2022 | CA | 360,000 | $288,022.08 | |
| B4NDCC9 | MEX BONOS DESARR FIX RT 6.50000 06/09/2022 | MX | 4,000,000 | $188,849.28 | |
| B4YVF56 | BRENNTAG AG | DE | BNR GR | 3,075 | $192,667.92 |
| B63QM77 | NEXON CO LTD | JP | 3659 JP | 133,700 | $3,128,500.60 |
| B6TC406 | MEX BONOS DESARR FIX RT 7.75000 05/29/2031 | MX | 1,000,000 | $51,640.62 | |
| BBG00W89CJ51 | BABA US 09/04/20 P240 | CN | -41 | -$246.00 | |
| BBG00WD4YYY7 | COG US 09/11/20 C20 | US | -494 | -$4,940.00 | |
| BBG00WD57V16 | CRM US 09/11/20 C230 | US | -43 | -$172,430.00 | |
| BBG00WDJ9S48 | PYPL US 09/11/20 P195 | US | -50 | -$7,500.00 | |
| BBG00WN64F39 | FB US 09/11/20 C282.5 | US | -35 | -$56,700.00 | |
| BBQ3850 | KEYWORDS STUDIOS PLC | IE | KWS LN | 1,865 | $54,797.21 |
| BD6K457 | COMPASS GROUP PLC | GB | CPG LN | 110 | $1,780.02 |
| BGHQ198 | HIBERNIA REIT PLC | IE | HBRN ID | 36,754 | $52,241.84 |
| BH8295835 | SAUDI INTERNATIONAL BOND 2.90000 10/22/2025 | SA | 200,000 | $212,008.00 | |
| BHJYC05 | INTERCONTINENTAL HOTELS GROUP | GB | IHG LN | 1,625 | $93,823.74 |
| BJ2KSG2 | AKZO NOBEL | NL | AKZA NA | 1,710 | $168,782.48 |
| BJVB695 | BUONI POLIENNALI DEL TES 2.45000 09/01/2050 | IT | 470,000 | $610,358.36 | |
| BK0939417 | AMERICAN TANKER INC 7.75000 07/02/2025 | US | 200,000 | $201,260.00 | |
| BMMV2K8 | TENCENT HOLDINGS LTD | CN | 700 HK | 48,806 | $3,334,345.94 |
| BNGN9Z1 | FINECOBANK SPA | IT | FBK IM | 22,865 | $346,143.16 |
| BP9DL90 | INDUSTRIA DE DISENO TEXTIL | ES | ITX SM | 7,760 | $218,189.07 |
| BVYVFW2 | AUTO TRADER GROUP PLC | GB | AUTO LN | 16,110 | $120,436.98 |
| BYPC1T4 | ASSA ABLOY AB-B | SE | ASSAB SS | 4,845 | $112,240.72 |
| BYYHL23 | ANHEUSER-BUSCH INBEV SA/NV | BE | ABI BB | 30,492 | $1,772,174.46 |
| BZ0VW78 | BINGO INDUSTRIES LTD | AU | BIN AU | 77,150 | $126,289.37 |
| BZ1HM42 | ADYEN NV | NL | ADYEN NA | 50 | $84,282.32 |
| G0772R208 | BANK OF N.T. BUTTERFIELD&SON | BM | NTB | 4,190 | $105,588.00 |
| G1151C101 | ACCENTURE PLC - CL A | IE | ACN | 1,234 | $296,073.62 |
| G29183103 | EATON CORP PLC | US | ETN | 453 | $46,251.30 |
| G51502105 | JOHNSON CONTROLS INTERNATIONAL | US | JCI | 998 | $40,648.54 |
| G5494J103 | LINDE PLC | GB | LIN | 300 | $74,922.00 |
| G5960L103 | MEDTRONIC INC | IE | MDT | 17,974 | $1,931,665.78 |
| G8994E103 | TRANE TECHNOLOGIES | IE | TT | 231 | $27,348.09 |
| G97822103 | PERRIGO CO PLC | IE | PRGO | 3,270 | $171,021.00 |
| H01301128 | ALCON INC | CH | ALC | 70,133 | $4,021,426.22 |
| H1467J104 | CHUBB LTD | CH | CB | 401 | $50,125.00 |
| H2906T109 | GARMIN LTD | CH | GRMN | 204 | $21,136.44 |
| N53745100 | LYONDELLBASELL INDU-CL A | US | LYB | 440 | $28,811.20 |
| USD | US DOLLAR | US | 16,773,774.11 | $16,773,774.11 | |
| ZO1818103 | NAVIGATOR HOLDINGS LTD 8.00000 09/10/2025 | MH | 150,000 | $150,361.50 |
Investments will change over time.
A Word About Risk
All investments involve risks, including possible loss of principal. Because the fund invests in both stocks and bonds, the value of your investment will fluctuate in response to stock market movements and changes in interest rates. Investing in the fund will also involve a number of other risks, including issuer-specific risk, foreign investment risk, and small-cap/mid-cap risk. Investments in options and futures, like all derivatives, can be highly volatile and involve risks in addition to the risks of the underlying instrument on which the derivative is based, such as counterparty, correlation and liquidity risk. Also, the use of leverage increases exposure to the market and may magnify potential losses.
About The Fund Manager
Manning & Napier Advisors, LLC (Manning & Napier) provides investment advisory services to Exeter Trust Company, Trustee of the Manning & Napier Collective Investment Trust Funds. Manning & Napier is headquartered in Rochester, NY and has more than 45 years of experience managing investment objectives. The Firm’s active management approach focuses on participating in rising markets and, as important, helping to reduce the risk of large losses in sustained bear market periods. A team of investment analysts and professionals make all investment decisions in an effort to provide investors with strong risk-adjusted returns.
Daily Price
$35.32
Daily $ Change
-$0.01
Daily % Change
-0.03%
as of 09/24/2020
CUSIP
563821131
Inception Date
01/01/2000
This fund is only available for use within certain qualified employee benefit plans.
Important Documents
| Annual Report | |
| Fact Sheet | |
| Applications & Forms |
Investment Objective
To provide equal emphasis on long-term capital growth and capital preservation.
Investment Strategy
The portfolio is invested in a moderately conservative mix of securities that seeks to balance growth and capital preservation for a more stable rate of return relative to an investment in the stock market. Holdings are diversified primarily among intermediate to long-term fixed income securities. Because this fund is designed to moderate risk, stocks will typically be a minority in the portfolio, unless the fund manager’s analysis shows that the stock market is especially attractive.
The fund manager will adjust the investment mix over time to manage risk by continually evaluating individual securities and market conditions to determine the relative attractiveness of each investment. In general, stock exposure will increase when valuations are low and decrease during speculative markets.
May be Appropriate for Investors
- Who want long-term capital growth and who seek to minimize extreme declines in account value
- Who have a moderate tolerance for capital risk
About Our Risk-Based Funds
Risk-based funds offer professional management and asset allocation through a choice of investment objectives that range from fairly aggressive to fairly conservative. All an investor has to do is determine which objective best suits his or her current risk tolerance and investment time horizon, then decide when to move to a different objective as his or her personal situation changes over the years.
Time Horizon & Range of Stock Exposure
| Conservative Term | Moderate Term | Extended Term | Maximum Term |
| 0-5 Years | 3-10 Years | 15+ Years | 7-20 Years |
| 15-45% | 20-60% | 40-70% | 70-95% |
Generally, the longer your time horizon, the more aggressive your investment objective can be. Greater stock exposure is typically associated with higher return potential and higher capital risk.
Performance
As of 08/31/2020
YTD
9.74%
1 Year
13.00%
3 Year
7.86%
5 Year
7.11%
10 Year
6.97%
Inception
(01/01/2000)
6.39%
Returns are net of Pro-Mix® CIT Class S expenses. Performance data quoted represents past performance and does not guarantee future results. Performance for periods greater than one year is annualized. Your investment may fluctuate in value and there is a potential for loss as well as profit.
Expense Ratio
| Gross | 0.91% |
| Net | 0.90%* |
*Reflects the Trustee’s contractual agreement to limit fees and voluntary agreement to reimburse certain expenses.
Top Ten Investments
As of 08/31/2020
| GOVERNMENT AGENCY | 9.36% |
| TREASURY NOTES | 5.52% |
| TSY INFL IX N/B 2.00000 01/15/2026 | 2.31% |
| MASTERCARD INC-CLASS A | 1.68% |
| VISA INC - CLASS A SHARES | 1.55% |
| TSY INFL IX N/B 0.12500 04/15/2025 | 1.54% |
| EXPEDIA INC | 1.42% |
| UNILEVER PLC - ADR | 1.31% |
| JOHNSON & JOHNSON | 1.24% |
| TREASURY BONDS | 1.21% |
This investment list is unaudited and excludes cash.
Asset Allocation
As of 08/31/2020
| Bonds | 52.27% | |
| Stocks | 43.58% | |
| Cash | 4.15% |
Detailed Asset Class Allocation
As of 08/31/2020
| International Equities | 12.61% | |
| Small Capitalization | 1.77% | |
| Mid Capitalization | 6.00% | |
| Large Capitalization | 23.20% | |
| Long Term Fixed Income | 17.89% | |
| Intermediate Term Fixed Income | 29.66% | |
| Short Term Fixed Income | 4.72% | |
| Cash | 4.15% |
Due to rounding, the sum of the detailed asset class allocation categories may not equal the asset allocation totals provided above.
August Fund Holdings
As of 08/31/2020
| CUSIP | Security Description | Country | Ticker | Shares/Par | Market Value (USD) |
|---|---|---|---|---|---|
| 00206RDQ2 | AT&T INC 4.25000 03/01/2027 | US | 870,000 | $1,019,897.05 | |
| 00287Y109 | ABBVIE INC | US | ABBV | 1,119 | $107,166.63 |
| 00507V109 | ACTIVISION INC | US | ATVI | 35,210 | $2,940,739.20 |
| 00653VAA9 | ADAPTHEALTH LLC 6.12500 08/01/2028 | US | 130,000 | $136,175.00 | |
| 00774MAG0 | AERCAP IRELAND CAP / GLOBA 4.45000 10/01/2025 | IE | 2,680,000 | $2,686,024.32 | |
| 00791GAA5 | AG MERGER SUB II INC 10.75000 08/01/2027 | US | 120,000 | $122,400.00 | |
| 008492100 | AGREE REALTY CORP | US | ADC | 1,314 | $87,932.88 |
| 00912XAV6 | AIR LEASE CORP 3.62500 04/01/2027 | US | 1,105,000 | $1,107,314.31 | |
| 00914AAB8 | AIR LEASE CORP 3.75000 06/01/2026 | US | 830,000 | $848,710.79 | |
| 01166WAA5 | ALASKA AIR 2020-1 CL B 8.00000 08/15/2025 | US | 135,000 | $140,152.76 | |
| 013822AC5 | ALCOA NEDERLAND HOLDING 6.12500 05/15/2028 | NL | 105,000 | $113,400.00 | |
| 015271109 | ALEXANDRIA REAL EST EQUITIES | US | ARE | 311 | $52,366.18 |
| 01609W102 | ALIBABA GROUP - ADR | CN | BABA | 11,740 | $3,369,732.20 |
| 01609WAT9 | ALIBABA GROUP HOLDING 3.40000 12/06/2027 | KY | 3,100,000 | $3,511,163.20 | |
| 020002101 | ALLSTATE CORPORATION | US | ALL | 333 | $30,969.00 |
| 02079K305 | ALPHABET INC-CL A | US | GOOGL | 1,830 | $2,982,039.90 |
| 023135106 | AMAZON.COM INC | US | AMZN | 1,310 | $4,520,757.60 |
| 02319V103 | AMBEV SA-ADR | BR | ABEV | 30,060 | $67,635.00 |
| 0237400 | DIAGEO PLC | GB | DGE LN | 36,545 | $1,221,015.16 |
| 02406PBA7 | AMERICAN AXLE & MFG INC 6.87500 07/01/2028 | US | 75,000 | $78,109.50 | |
| 024835100 | AMERICAN CAMPUS COMMUNITIES | US | ACC | 2,841 | $96,309.90 |
| 02665T306 | AMERICAN HOMES 4 RENT- A | US | AMH | 5,729 | $164,078.56 |
| 03027X100 | AMERICAN TOWER REIT INC | US | AMT | 7,450 | $1,856,167.50 |
| 03027XAW0 | AMERICAN TOWER CORP 3.80000 08/15/2029 | US | 2,140,000 | $2,475,475.13 | |
| 03064D108 | AMERICOLD REALTY TRUST | US | COLD | 3,617 | $138,711.95 |
| 03217CAA4 | AMS AG 7.00000 07/31/2025 | AT | 200,000 | $208,000.00 | |
| 032654105 | ANALOG DEVICES INC | US | ADI | 286 | $33,427.68 |
| 03690AAD8 | ANTERO MIDSTREAM PART / FI 5.75000 03/01/2027 | US | 130,000 | $116,025.00 | |
| 03690AAF3 | ANTERO MIDSTREAM PART/FI 5.75000 01/15/2028 | US | 85,000 | $75,862.50 | |
| 03748R754 | APARTMENT INVT & MGMT CO -A | US | AIV | 2,301 | $82,905.03 |
| 03784Y200 | APPLE HOSPITALITY REIT INC | US | APLE | 8,075 | $82,122.75 |
| 039483102 | ARCHER-DANIELS-MIDLAND CO | US | ADM | 655 | $29,317.80 |
| 053015103 | AUTOMATIC DATA PROCESSING | US | ADP | 280 | $38,945.20 |
| 053484101 | AVALONBAY COMMUNITIES INC | US | AVB | 695 | $109,851.70 |
| 05401AAJ0 | AVOLON HOLDINGS FNDG LTD 3.25000 02/15/2027 | KY | 1,150,000 | $988,745.74 | |
| 055622104 | BP PLC-SPONS ADR | GB | BP | 2,330 | $48,766.90 |
| 05604LAA0 | BWAY 2015-1740 A 2.91700 01/10/2035 | US | 4,000,000 | $4,069,359.20 | |
| 05722G100 | BAKER HUGHES CO | US | BKR | 1,516 | $21,648.48 |
| 060505104 | BANK OF AMERICA CORP | US | BAC | 4,803 | $123,629.22 |
| 06051GFM6 | BANK OF AMERICA CORP 4.00000 01/22/2025 | US | 1,340,000 | $1,501,695.70 | |
| 071734AH0 | BAUSCH HEALTH COS INC 5.00000 01/30/2028 | CA | 95,000 | $93,812.50 | |
| 084423102 | WR BERKLEY CORP | US | WRB | 31,000 | $1,923,550.00 |
| 084670702 | BERKSHIRE HATHAWAY INC-CL B | US | BRK/B | 14,630 | $3,189,925.20 |
| 086516101 | BEST BUY INC | US | BBY | 358 | $39,705.78 |
| 09061G101 | BIOMARIN PHARMACEUTICAL INC | US | BMRN | 12,225 | $953,916.75 |
| 0946580 | WEIR GROUP PLC/THE | GB | WEIR LN | 8,460 | $144,356.23 |
| 09857L108 | BOOKING HOLDINGS INC | US | BKNG | 790 | $1,509,255.50 |
| 105368203 | BRANDYWINE REALTY TRUST | US | BDN | 5,222 | $58,120.86 |
| 110122108 | BRISTOL MYERS SQUIBB CO | US | BMY | 1,558 | $96,907.60 |
| 11680JAA0 | BRUIN E&P PARTNERS LLC 8.87500 08/01/2023 | US | 380,000 | $744.80 | |
| 12503M108 | CBOE GLOBAL MARKETS INC | US | CBOE | 8,545 | $784,345.55 |
| 12530MAA3 | SORT 2020-1 A1 MTGE 1.69000 07/15/2060 | US | 1,025,000 | $1,040,049.56 | |
| 12530MAB1 | SORT 2020-1 A2 1.99000 07/15/2060 | US | 879,266.67 | $895,042.91 | |
| 12541W209 | C.H. ROBINSON WORLDWIDE INC | US | CHRW | 231 | $22,707.30 |
| 12555DAA3 | CIM 2019-INV1 A1 4.00000 02/25/2049 | US | 265,053.32 | $274,576.90 | |
| 12572Q105 | CME GROUP INC | US | CME | 4,515 | $794,053.05 |
| 12591QAR3 | COMM 2014-UBS4 A5 3.69400 08/10/2047 | US | 3,600,000 | $3,903,489.00 | |
| 12593GAF9 | COMM 2015-PC1 A5 3.90200 07/10/2050 | US | 1,900,000 | $2,111,386.97 | |
| 12629NAF2 | COMM 2015-DC1 A5 FLT 3.35000 02/10/2048 | US | 2,000,000 | $2,157,210.00 | |
| 12646XAH5 | CSMC 2013-IVR3 A1 2.50000 05/25/2043 | US | 592,906.2 | $605,094.51 | |
| 12654TAA8 | CNX MIDSTREAM PTR/CNX 6.50000 03/15/2026 | US | 85,000 | $85,125.80 | |
| 127097103 | CABOT OIL & GAS CORP | US | COG | 246,110 | $4,668,706.70 |
| 131477AT8 | CALUMET SPECIALTY PROD 11.00000 04/15/2025 | US | 80,000 | $76,000.00 | |
| 133131102 | CAMDEN PROPERTY TRUST | US | CPT | 1,343 | $122,132.42 |
| 133131AZ5 | CAMDEN PROPERTY TRUST 2.80000 05/15/2030 | US | 2,070,000 | $2,270,810.29 | |
| 13321L108 | CAMECO CORP | CA | CCJ | 166,646 | $1,928,094.22 |
| 149123101 | CATERPILLAR INC | US | CAT | 482 | $68,593.42 |
| 14980AAA0 | CAZENOVIA CREEK FUNDING LLC 3.56070 07/15/2030 | US | 419,556.2 | $416,013.55 | |
| 15135UAS8 | CENOVUS ENERGY INC 5.37500 07/15/2025 | CA | 20,000 | $20,357.37 | |
| 16119P108 | CHARTER COMMUNICATIONS INC-A | US | CHTR | 5,350 | $3,293,513.50 |
| 165183BB9 | CFII 2017-4A A1 2.12000 11/15/2029 | US | 604,164.27 | $607,707.63 | |
| 166764100 | CHEVRON CORP | US | CVX | 6,790 | $569,884.70 |
| 172062101 | CINCINNATI FINANCIAL CORP | US | CINF | 182 | $14,452.62 |
| 17275R102 | CISCO SYSTEMS INC | US | CSCO | 2,729 | $115,218.38 |
| 172967424 | CITIGROUP INC | US | C | 1,447 | $73,970.64 |
| 172967KA8 | CITIGROUP INCA 4.45000 09/29/2027 | US | 2,330,000 | $2,708,705.94 | |
| 191216100 | COCA COLA CO/THE | US | KO | 83,090 | $4,115,447.70 |
| 194162103 | COLGATE-PALMOLIVE CO | US | CL | 790 | $62,615.40 |
| 20030N101 | COMCAST CORP-CL A | US | CMCSA | 2,079 | $93,159.99 |
| 20030NCY5 | COMCAST CORP 3.25000 11/01/2039 | US | 2,150,000 | $2,386,454.42 | |
| 20369C106 | COMMUNITY HEALTHCARE TRUST I | US | CHCT | 1,877 | $87,655.90 |
| 20449X401 | COMPASS GROUP PLC ADR | GB | CMPGY | 102,825 | $1,650,341.25 |
| 205887102 | CONAGRA BRAND INC. | US | CAG | 699 | $26,813.64 |
| 20605P101 | CONCHO RESOURCES INC | US | CXO | 36,770 | $1,911,304.60 |
| 20825C104 | CONOCOPHILLIPS | US | COP | 27,000 | $1,023,030.00 |
| 21036P108 | CONSTELLATION BRANDS INC-A | US | STZ | 162 | $29,885.76 |
| 217204106 | COPART INC | US | CPRT | 14,600 | $1,508,472.00 |
| 222795502 | COUSINS PROPERTIES INC | US | CUZ | 4,454 | $132,951.90 |
| 22822V101 | CROWN CASTLE INTL CORP | US | CCI | 987 | $161,127.75 |
| 22822VAN1 | CROWN CASTLE INTL CORP 3.10000 11/15/2029 | US | 1,500,000 | $1,648,701.51 | |
| 22944PAA5 | CSMC 2013-TH1 A1 2.13000 02/25/2043 | US | 373,164.79 | $382,545.85 | |
| 229663109 | CUBESMART | US | CUBE | 1,845 | $58,338.90 |
| 231021106 | CUMMINS INC | US | CMI | 201 | $41,657.25 |
| 253868103 | DIGITAL REALTY TRUST INC | US | DLR | 1,581 | $246,082.65 |
| 254687FW1 | WALT DISNEY COMPANY/THE 2.20000 01/13/2028 | US | 905,000 | $957,650.76 | |
| 25470DAT6 | DISCOVERY COMMUNICATIONS 5.20000 09/20/2047 | US | 2,320,000 | $2,782,620.13 | |
| 256746108 | DOLLAR TREE STORES INC | US | DLTR | 14,360 | $1,382,437.20 |
| 25746UDG1 | DOMINION ENERGY 3.37500 04/01/2030 | US | 1,385,000 | $1,576,576.97 | |
| 25787GAC4 | DONNELLEY FINANCIAL SOL 8.25000 10/15/2024 | US | 145,000 | $150,800.00 | |
| 25960P109 | DOUGLAS EMMETT INC | US | DEI | 2,937 | $82,001.04 |
| 260003108 | DOVER CORP | US | DOV | 160 | $17,574.40 |
| 26439XAC7 | DCP MIDSTREAM OPERATING 8.12500 08/16/2030 | US | 100,000 | $118,750.00 | |
| 264411505 | DUKE RLTY INVTS INC | US | DRE | 2,994 | $115,418.70 |
| 26875P101 | EOG RESOURCES INC | US | EOG | 28,235 | $1,280,174.90 |
| 26884L109 | EQT CORP | US | EQT | 93,360 | $1,481,623.20 |
| 26884LAG4 | EQT CORP 8.75000 02/01/2030 | US | 75,000 | $89,812.50 | |
| 2715777 | QUEBECOR INC -CL B | CA | QBR/B CN | 8,595 | $213,104.07 |
| 277276101 | EASTGROUP PROPERTIES | US | EGP | 253 | $33,689.48 |
| 285512109 | ELECTRONIC ARTS | US | EA | 15,560 | $2,170,153.20 |
| 2866857 | LUNDIN MINING CORP | CA | LUN CN | 18,160 | $113,748.00 |
| 291011104 | EMERSON ELEC CO | US | EMR | 697 | $48,420.59 |
| 29273RAR0 | ENERGY TRANSFER OPERATNG 6.50000 02/01/2042 | US | 2,410,000 | $2,597,231.53 | |
| 29444U700 | EQUINIX INC | US | EQIX | 3,921 | $3,096,727.38 |
| 29472R108 | EQUITY LIFESTYLE PROPERTIES | US | ELS | 1,985 | $131,585.65 |
| 29476L107 | EQUITY RESIDENTIAL | US | EQR | 1,270 | $71,691.50 |
| 297178105 | ESSEX PROPERTY TRUST INC | US | ESS | 151 | $32,693.01 |
| 30212P303 | EXPEDIA INC | US | EXPE | 56,550 | $5,550,382.50 |
| 30212PAS4 | EXPEDIA GROUP INC 6.25000 05/01/2025 | US | 1,030,000 | $1,131,790.52 | |
| 302154BV0 | EXPORT-IMPORT BANK KOREA 2.62500 12/30/2020 | KR | 4,675,000 | $4,705,195.22 | |
| 30225T102 | EXTRA SPACE STORAGE INC | US | EXR | 379 | $40,382.45 |
| 30231G102 | EXXON MOBIL CORP | US | XOM | 25,220 | $1,007,286.80 |
| 302491303 | FMC CORP | US | FMC | 14,410 | $1,539,852.60 |
| 30264DAA7 | FS ENERGY & POWER FUND 7.50000 08/15/2023 | US | 65,000 | $58,500.00 | |
| 30286XAN9 | FREMF 2015-K43 B FLT 3.86095 02/25/2048 | US | 2,300,000 | $2,502,564.68 | |
| 30291HAA5 | FREMF 2013-K28 X2A 0.10000 06/25/2046 | US | 100,950,418.78 | $189,948.31 | |
| 30303M102 | FACEBOOK INC -A | US | FB | 10,090 | $2,958,388.00 |
| 311900104 | FASTENAL CO | US | FAST | 776 | $37,915.36 |
| 3128M5A91 | FHLM POOL G03332 6.00000 10/01/2037 | US | 34,975.62 | $41,132.92 | |
| 3128M5NM8 | FHLM POOL G03696 5.50000 01/01/2038 | US | 75,755.94 | $88,005.28 | |
| 3128M6B98 | FHLM POOL G04264 5.50000 04/01/2038 | US | 263,087.1 | $305,083.04 | |
| 3128M73H7 | FHLM POOL G05900 6.00000 03/01/2040 | US | 69,598.65 | $81,899.11 | |
| 3128M73P9 | FHLM POOL G05906 6.00000 04/01/2040 | US | 83,926.02 | $98,895.03 | |
| 3128M7KW5 | FHLM POOL G05409 5.50000 03/01/2039 | US | 182,136.31 | $211,340.59 | |
| 3128M8AW4 | FHLM POOL G06021 5.50000 01/01/2040 | US | 71,783.9 | $83,192.20 | |
| 3128M9C83 | FHLM POOL G06995 6.00000 05/01/2040 | US | 219,457.43 | $257,528.45 | |
| 3128MB4Q7 | FHLM POOL G13331 5.50000 10/01/2023 | US | 4,257.4 | $4,424.70 | |
| 3128MBDP9 | FHLM POOL G12610 6.00000 03/01/2022 | US | 6,113.03 | $6,234.20 | |
| 3128MBE45 | FHLM POOL G12655 6.00000 05/01/2022 | US | 4,262.77 | $4,362.85 | |
| 3128MBRH2 | FHLM POOL G12988 6.00000 01/01/2023 | US | 4,343.37 | $4,495.70 | |
| 3128MBUB1 | FHLM POOL G13078 6.00000 03/01/2023 | US | 6,741.21 | $6,965.63 | |
| 3128MJ2U3 | FHLM GOLD POOL FG G08786 4.50000 10/01/2047 | US | 1,249,262.38 | $1,355,159.07 | |
| 3128MJJT8 | FHLM POOL G08273 5.50000 06/01/2038 | US | 182,864.57 | $211,645.48 | |
| 31335ABB3 | FHLM POOL G60034 4.50000 02/01/2045 | US | 2,118,233.52 | $2,368,303.91 | |
| 31335AFY9 | FHLM POOL G60183 4.00000 12/01/2044 | US | 385,898.36 | $415,404.97 | |
| 3133A6DB4 | FEDERAL NATL MTG ASSN FR QB0098 2.50000 06/01/2050 | US | 2,784,455.59 | $2,929,742.52 | |
| 3135G0Q22 | FANNIE MAE 1.87500 09/24/2026 | US | 7,500,000 | $8,094,446.10 | |
| 3136AY6W8 | FNA 2017-M15 A1 FLT 3.05797 09/25/2027 | US | 1,393,705.28 | $1,514,737.85 | |
| 3136B1YD0 | FNR 2018-31 KP 3.50000 07/25/2047 | US | 527,618.15 | $548,108.31 | |
| 31371NCJ2 | FEDERAL NATL MTG ASSN 256673 5.50000 04/01/2037 | US | 349,001.13 | $404,398.09 | |
| 3137ADTK3 | FHMS K014 X1 FLT 1.32366 04/25/2021 | US | 6,381,560.89 | $26,229.49 | |
| 3137AJMG6 | FMHS K016 X1 FLT 1.63779 10/25/2021 | US | 3,717,461.04 | $47,390.57 | |
| 3137AUPF0 | FHMS K021 x1 FLT 1.54441 06/25/2022 | US | 14,669,501.46 | $285,619.59 | |
| 3137B3NB0 | FHMS K030 X1 FLT 0.28647 04/25/2023 | US | 43,903,735.89 | $180,764.85 | |
| 3137B4GZ3 | FHMS K032 X1 FLT 0.20559 05/25/2023 | US | 28,297,524.07 | $79,886.74 | |
| 3137F4YU0 | FHR 4791 BA MTGE 4.00000 03/15/2044 | US | 544,420.36 | $555,780.13 | |
| 3137FG2L8 | FHR 4801 BA MTGE 4.50000 05/15/2044 | US | 327,698.39 | $332,142.86 | |
| 3138ABBY4 | FEDERAL NATL MTG ASSN AH9054 4.50000 04/01/2041 | US | 149,886.76 | $166,711.84 | |
| 3138ASSD5 | FEDERAL NATL MTG ASSN AJ1415 4.50000 09/01/2041 | US | 86,349.31 | $96,345.17 | |
| 3138EQTZ5 | FEDERAL NATL MTG ASSN AL7767 4.50000 06/01/2044 | US | 1,268,037.68 | $1,413,941.05 | |
| 3138ETT89 | FEDERAL NATL MTG ASSN AL8674 FLT 5.64300 01/01/2049 | US | 1,667,804.52 | $1,970,388.41 | |
| 31403DDX4 | FEDERAL NATL MTG ASSN 745418 5.50000 04/01/2036 | US | 385,460.9 | $450,953.62 | |
| 3140E2GZ8 | FEDERAL NATL MTG ASSN AZ9215 4.00000 10/01/2045 | US | 409,670.46 | $452,458.12 | |
| 3140F2QS2 | FEDERAL NATL MTG ASSN BC6764 3.50000 04/01/2046 | US | 462,563.11 | $494,521.27 | |
| 3140F9M51 | FEDERAL NATL MTG ASSN BD2179 4.00000 07/01/2046 | US | 1,242,341.42 | $1,349,302.84 | |
| 3140FEXR0 | FEDERAL NATL MTG ASSN BD6987 4.00000 10/01/2046 | US | 1,168,230.98 | $1,254,795.79 | |
| 31410FSE6 | FEDERAL NATL MTG ASSN 888017 6.00000 11/01/2021 | US | 3,311.72 | $3,359.23 | |
| 31410FV51 | FEDERAL NATL MTG ASSN 888136 6.00000 12/01/2021 | US | 4,251.31 | $4,322.73 | |
| 31410GCD3 | FEDERAL NATL MTG ASSN 888468 5.50000 09/01/2021 | US | 17,270.17 | $17,406.57 | |
| 31410GN33 | FEDERAL NATL MTG ASSN 888810 5.50000 11/01/2022 | US | 19,055.86 | $19,231.05 | |
| 31410KJV7 | FEDERAL NATL MTG ASSN 889576 6.00000 04/01/2038 | US | 238,982.85 | $280,844.41 | |
| 31410KLD4 | FEDERAL NATL MTG ASSN 889624 5.50000 05/01/2038 | US | 226,428.14 | $262,045.94 | |
| 31411JXP6 | FEDERAL NATL MTG ASSN 909786 5.50000 03/01/2037 | US | 78,784.62 | $91,205.68 | |
| 31416BSW9 | FEDERAL NATL MTG ASSN 995233 5.50000 10/01/2021 | US | 144.81 | $145.53 | |
| 31416BVW5 | FEDERAL NATL MTG ASSN 995329 5.50000 12/01/2021 | US | 10,512.6 | $10,600.95 | |
| 31418BBC9 | FEDERAL NATL MTG ASSN MA1834 4.50000 02/01/2034 | US | 382,375.72 | $421,236.35 | |
| 31418BDH6 | FEDERAL NATL MTG ASSN MA1903 4.50000 05/01/2034 | US | 417,768.38 | $460,233.95 | |
| 31418CYJ7 | FEDERAL NATL MTG ASSN FN MA3412 3.50000 07/01/2038 | US | 364,835.52 | $385,211.63 | |
| 31418DNN8 | FEDERAL NATL MTG ASSN FN MA3996 2.50000 04/01/2050 | US | 1,029,904.68 | $1,066,935.21 | |
| 31418DQ21 | FEDERAL NATL MTG ASSN FN MA4072 2.50000 07/01/2040 | US | 1,800,005.36 | $1,894,936.87 | |
| 31418DQG0 | FEDERAL NATL MTG ASSN FN MA4054 2.50000 06/01/2040 | US | 3,705,789.16 | $3,901,226.59 | |
| 31418DQZ8 | FEDERAL NATL MTG ASSN FN MA4071 2.00000 07/01/2040 | US | 1,932,772.06 | $1,995,527.47 | |
| 31418MDZ2 | FEDERAL NATL MTG ASSN AD0119 6.00000 07/01/2038 | US | 111,333.53 | $131,233.85 | |
| 31418MG63 | FEDERAL NATL MTG ASSN AD0220 6.00000 10/01/2038 | US | 48,383.12 | $57,168.58 | |
| 31418MJC7 | FEDERAL NATL MTG ASSN AD0258 5.50000 03/01/2039 | US | 131,701.15 | $152,632.80 | |
| 31418MKV3 | FEDERAL NATL MTG ASSN AD0307 5.50000 01/01/2039 | US | 225,644.13 | $261,809.21 | |
| 31418MQQ8 | FEDERAL NATL MTG ASSN AD0462 5.50000 10/01/2024 | US | 7,987 | $8,422.93 | |
| 31419BBV6 | FEDERAL NATL MTG ASSN AE0951 4.50000 02/01/2041 | US | 374,418.28 | $418,518.58 | |
| 315786AC7 | FIDELITY & GUARA NTY LIFE 5.50000 05/01/2025 | US | 150,000 | $165,375.00 | |
| 316067107 | FIDELITY CASH RESERVES | US | 89,006.02 | $89,006.02 | |
| 316773100 | FIFTH THIRD BANCORP | US | FITB | 960 | $19,833.60 |
| 32054K103 | FIRST INDUSTRIAL REALTY TR | US | FR | 2,389 | $101,890.85 |
| 33834YAA6 | FIVE POINT OP CO LP/FIVE 7.87500 11/15/2025 | US | 115,000 | $115,575.00 | |
| 34461LAA2 | FONTAINEBLEAU MIAMI BEACH TRUST 3.14400 12/10/2036 | US | 1,240,000 | $1,270,146.88 | |
| 345370CX6 | FORD MOTOR COMPANY 9.62500 04/22/2030 | US | 140,000 | $183,508.50 | |
| 345397XU2 | FORD MOTOR CREDIT CO LLC 4.38900 01/08/2026 | US | 80,000 | $81,385.60 | |
| 346232AE1 | FORESTAR GROUP INC 5.00000 03/01/2028 | US | 75,000 | $75,778.50 | |
| 34960PAB7 | FORTRESS TRANS & INFRAST 6.50000 10/01/2025 | US | 85,000 | $82,450.00 | |
| 34960PAC5 | FORTRESS TRANS & INFRAST 9.75000 08/01/2027 | US | 75,000 | $79,970.25 | |
| 35166FAA0 | FOXTROT ESCROW ISSUER 12.25000 11/15/2026 | US | 90,000 | $98,241.30 | |
| 357081AE8 | FREMF 2015-K720 B FLT 3.50986 07/25/2022 | US | 970,000 | $1,001,186.66 | |
| 36166LAA5 | GEMS MENASA KY LTD/GEMS 7.12500 07/31/2026 | AE | 75,000 | $72,375.00 | |
| 36237HAA9 | G-III APPAREL GROUP LTD 7.87500 08/15/2025 | US | 120,000 | $119,250.00 | |
| 36257MAA3 | GSMS 2019-70P A 1.16188 10/15/2036 | US | 1,000,000 | $962,428.70 | |
| 369550108 | GENERAL DYNAMICS CORP | US | GD | 275 | $41,071.25 |
| 369604BQ5 | GENERAL ELECTRIC CO 5.00000 01/21/2021 | US | 1,880,000 | $1,474,935.20 | |
| 370334104 | GENERAL MLS INC | US | GIS | 698 | $44,637.10 |
| 372460105 | GENUINE PARTS CO | US | GPC | 237 | $22,382.28 |
| 37255LAA5 | GENWORTH MORTGAGE HLDING 6.50000 08/15/2025 | US | 120,000 | $126,465.60 | |
| 374297109 | GETTY REALTY CORP | US | GTY | 2,364 | $69,241.56 |
| 375558103 | GILEAD SCIENCES INC | US | GILD | 1,037 | $69,219.75 |
| 37953TAB1 | GLOBAL SHIP LEASE INC 9.87500 11/15/2022 | MH | 200,000 | $195,750.00 | |
| 38217TAA3 | GOODG 2020-1A MTGE 2.63000 04/15/2055 | US | 1,649,906.01 | $1,661,540.16 | |
| 38379RRX3 | GNR 2017-54 AH MTGE 2.60000 12/16/2056 | US | 1,066,044.18 | $1,117,724.08 | |
| 384802104 | WW GRAINGER INC | US | GWW | 56 | $20,464.08 |
| 388689101 | GRAPHIC PACKAGING HOLDING CO | US | GPK | 211,295 | $2,953,904.10 |
| 400506101 | GRUPO AEROPORTUARIO PAC-ADR | MX | PAC | 840 | $65,083.20 |
| 40051E202 | GRUPO AEROPORTUARIO DEL SURESTE | MX | ASR | 665 | $75,450.90 |
| 4012250 | AIRBUS SE | FR | AIR FP | 405 | $33,306.11 |
| 4031976 | ADIDAS AG | DE | ADS GR | 5,380 | $1,637,114.16 |
| 404119BX6 | HCA INC 4.12500 06/15/2029 | US | 1,620,000 | $1,866,515.40 | |
| 416515104 | HARTFORD FINL SVCS | US | HIG | 507 | $20,508.15 |
| 418751AD5 | HAT HOLDINGS I LLC/HAT 3.75000 09/15/2030 | US | 80,000 | $80,400.00 | |
| 421946104 | HEALTHCARE REALTY TRUST INC | US | HR | 1,285 | $37,072.25 |
| 42225P501 | HEALTHCARE TRUST OF AMERICA | US | HTA | 2,272 | $59,958.08 |
| 42250P103 | HEALTHPEAK PROPERTIES INC | US | PEAK | 5,536 | $153,015.04 |
| 427866108 | HERSHEY CO/THE | US | HSY | 244 | $36,268.16 |
| 431571AB4 | HILLENBRAND INC 4.50000 09/15/2026 | US | 115,000 | $123,337.50 | |
| 43300A203 | HILTON WORLDWIDE HOLDINGS INC | US | HLT | 20,106 | $1,816,778.16 |
| 437076102 | HOME DEPOT INC | US | HD | 635 | $181,000.40 |
| 438516106 | HONEYWELL INTERNATIONAL INC | US | HON | 529 | $87,575.95 |
| 440452100 | HORMEL FOODS CORP | US | HRL | 498 | $25,388.04 |
| 443201AA6 | HOWMET AEROSPACE INC 6.87500 05/01/2025 | US | 120,000 | $136,400.85 | |
| 444454AD4 | HUGHES SATELLITE SYSTEMS 5.25000 08/01/2026 | US | 75,000 | $81,937.50 | |
| 450913AE8 | IAMGOLD CORP 7.00000 04/15/2025 | CA | 150,000 | $157,500.00 | |
| 452308109 | ILLINOIS TOOL WKS INC | US | ITW | 309 | $61,042.95 |
| 45337C102 | INCYTE CORP | US | INCY | 8,790 | $846,916.50 |
| 45569LAA9 | INDIGO NATURAL RES LLC 6.87500 02/15/2026 | US | 80,000 | $81,800.00 | |
| 45682RAA8 | INFRABUILD AUSTRALIA PTY 12.00000 10/01/2024 | AU | 120,000 | $114,000.00 | |
| 45778Q107 | INSPERITY INC | US | NSP | 23,985 | $1,615,869.45 |
| 458140100 | INTEL CORP | US | INTC | 2,435 | $124,063.25 |
| 45857P806 | INTERCONTINENTAL HOTELS-ADR | GB | IHG | 12,930 | $749,422.80 |
| 45866F104 | INTERCONTINENTALEXCHANGE INC | US | ICE | 30,775 | $3,269,228.25 |
| 459200101 | INTERNATIONAL BUSINESS MACH CORP | US | IBM | 689 | $84,960.59 |
| 459506101 | INTERNATIONAL FLVRS & FRAGRANCES | US | IFF | 117 | $14,483.43 |
| 46116VAE5 | INTL FC STORE INC 8.62500 06/15/2025 | US | 190,000 | $205,675.00 | |
| 46187BAA1 | IHSFR 2017-SFR2 A 1.01188 12/17/2036 | US | 471,264.15 | $467,778.59 | |
| 46187BAB9 | IHSFR 2017-SFR2 B 1.31188 12/17/2036 | US | 390,000 | $389,336.53 | |
| 46187W107 | INVITATION HOMES INC | US | INVH | 7,438 | $212,949.94 |
| 46284VAN1 | IRON MOUNTAIN INC 4.50000 02/15/2031 | US | 80,000 | $82,109.60 | |
| 465410BX5 | ITALY GOV'T INT BOND 2.37500 10/17/2024 | IT | 500,000 | $517,107.82 | |
| 46625H100 | JP MORGAN CHASE & CO | US | JPM | 1,542 | $154,492.98 |
| 46639GAL0 | JPMMT 2013-1 1A2 3.00000 03/25/2043 | US | 292,404.93 | $297,590.44 | |
| 46640BAC8 | JPMMT 2013-2 A2 3.50000 05/25/2043 | US | 329,668.7 | $344,651.45 | |
| 46641YAA1 | JPMMT 2014-2 1A1 3.00000 06/25/2029 | US | 509,284.91 | $515,138.17 | |
| 46647PBP0 | JPMORGAN CHASE & CO 2.95600 05/13/2031 | US | 2,410,000 | $2,592,132.14 | |
| 46647SAJ9 | JPMMT 2017-3 1A5 3.50000 08/25/2047 | US | 348,547.73 | $349,881.87 | |
| 478160104 | JOHNSON & JOHNSON | US | JNJ | 31,558 | $4,841,312.78 |
| 47987LAA9 | JONAH NRG LLC/FINANCE 7.25000 10/15/2025 | US | 90,000 | $12,600.00 | |
| 48088LAB3 | JOSEPH T RYERSON & SON 8.50000 08/01/2028 | US | 70,000 | $76,475.00 | |
| 482480100 | KLA-TENCOR CORPORATION | US | KLAC | 192 | $39,386.88 |
| 487526AB1 | KEHE DISTRIBUTORS LLC/FI 8.62500 10/15/2026 | US | 120,000 | $130,500.00 | |
| 49427F108 | KILROY REALTY CORP | US | KRC | 1,982 | $115,986.64 |
| 494368103 | KIMBERLY CLARK CORP | US | KMB | 349 | $55,058.24 |
| 494550AW6 | KINDER MORGAN ENER PART 6.95000 01/15/2038 | US | 1,730,000 | $2,301,364.26 | |
| 501044101 | KROGER CO | US | KR | 984 | $35,109.12 |
| 505742AG1 | LADDER CAP FIN LLLP/CORP 5.25000 10/01/2025 | US | 115,000 | $109,250.00 | |
| 5107401 | BEIERSDORF AG | DE | BEI GR | 1,585 | $183,209.27 |
| 512816109 | LAMAR ADVERTISING CO-A | US | LAMR | 832 | $57,599.36 |
| 53223X107 | LIFE STORAGE INC | US | LSI | 935 | $98,577.05 |
| 532457108 | ELI LILLY & CO | US | LLY | 496 | $73,601.44 |
| 539473AE8 | LLOYDS BANK PLC 12.00000 12/16/2024 | GB | 100,000 | $116,854.80 | |
| 539830109 | LOCKHEED MARTIN CORP | US | LMT | 216 | $84,296.16 |
| 541056AA5 | LOGAN MERGER SUB INC 5.50000 09/01/2027 | US | 65,000 | $66,279.85 | |
| 54238XAC2 | LONESTAR RESOURCES AMERICA 11.25000 01/01/2023 | US | 135,000 | $21,600.00 | |
| 550021109 | LULULEMON - ADR | CA | LULU | 4,335 | $1,628,529.45 |
| 552697AQ7 | MDC PARTNERS INC 6.50000 05/01/2024 | CA | 80,000 | $76,400.00 | |
| 552848AG8 | MGIC INVESTMENT CORP 5.25000 08/15/2028 | US | 120,000 | $126,000.00 | |
| 56585A102 | MARATHON PETROLEUM CORP | US | MPC | 898 | $31,843.08 |
| 573284106 | MARTIN MARIETTA MATERIALS | US | MLM | 3,465 | $702,944.55 |
| 57636Q104 | MASTERCARD INC-CLASS A | US | MA | 18,330 | $6,565,622.70 |
| 577128AA9 | MATTHEWS INTERNATIONAL C 5.25000 12/01/2025 | US | 25,000 | $23,625.00 | |
| 58933Y105 | MERCK & CO INC | US | MRK | 1,559 | $132,935.93 |
| 594918104 | MICROSOFT CORP | US | MSFT | 13,550 | $3,055,931.50 |
| 595112103 | MICRON TECHNOLOGY INC | US | MU | 77,970 | $3,548,414.70 |
| 59522J103 | MID-AMERICA APARTMENT COMM | US | MAA | 1,250 | $146,400.00 |
| 609207105 | MONDELEZ INTERNATIONAL INC | US | MDLZ | 53,029 | $3,097,954.18 |
| 615369105 | MOODY'S CORPORATION | US | MCO | 4,110 | $1,210,970.40 |
| 61965RAA3 | MOSS CREEK RESOURCES HLD 7.50000 01/15/2026 | US | 120,000 | $82,200.00 | |
| 62426EAA3 | MOUNTAIN PROVINCE DIAMON 8.00000 12/15/2022 | CA | 40,000 | $29,200.00 | |
| 6253983 | ARISTOCRAT LEISURE LTD | AU | ALL AU | 3,100 | $64,579.51 |
| 62913TAJ1 | NGL ENRGY PART LP/FIN CO 7.50000 11/01/2023 | US | 75,000 | $54,750.00 | |
| 6321954 | TRAVELSKY TECHNOLOGY LTD-H | CN | 696 HK | 1,000 | $2,076.63 |
| 63938CAH1 | NAVIENT CORP 6.75000 06/25/2025 | US | 120,000 | $125,100.00 | |
| 63938NAF1 | NAVIOS SA LOGIST/FIN US 10.75000 07/01/2025 | MH | 45,000 | $48,712.50 | |
| 64033QAB5 | NSLT 2015-2A A2 0.77513 09/25/2047 | US | 1,576,494.13 | $1,523,650.05 | |
| 64110D104 | NETAPP INC | US | NTAP | 320 | $15,164.80 |
| 644393AA8 | NEW FORTRESS ENERGY INC 6.75000 09/15/2025 | US | 155,000 | $157,278.50 | |
| 64829DAG1 | NRZT 2014-3A AFX3 3.75000 11/25/2054 | US | 419,874.54 | $449,500.76 | |
| 64829EAA2 | NRZT 2015-2A A1 3.75000 08/25/2055 | US | 553,207.66 | $597,249.19 | |
| 64829LAA6 | NRZT 2016-4A A1 3.75000 11/25/2056 | US | 1,050,535.07 | $1,126,692.77 | |
| 655844108 | NORFOLK SOUTHN CORP | US | NSC | 192 | $40,805.76 |
| 6642321 | NIKON CORP | JP | 7731 JP | 146,900 | $1,150,475.82 |
| 66727WAA0 | NORTHWEST ACQ/DOMINION 7.12500 11/01/2022 | CA | 380,000 | $6,080.00 | |
| 66987V109 | NOVARTIS AG- REG | CH | NVS | 51,435 | $4,426,496.10 |
| 670346105 | NUCOR CORP | US | NUE | 498 | $22,639.08 |
| 67401PAB4 | OAKTREE SPECIALTY LEND 3.50000 02/25/2025 | US | 75,000 | $75,500.07 | |
| 6742340 | SHANDONG WEIGAO | CN | 1066 HK | 96,000 | $223,687.67 |
| 674599EA9 | OCCIDENTAL PETROLEUM COR 8.87500 07/15/2030 | US | 75,000 | $84,750.00 | |
| 675232AB8 | OCEANEERING INTL INC 6.00000 02/01/2028 | US | 110,000 | $69,410.00 | |
| 6821506 | SONY CORP FIRST SECTION | JP | 6758 JP | 1,400 | $109,626.16 |
| 682189AQ8 | ON SEMICONDUCTOR CORP 3.87500 09/01/2028 | US | 75,000 | $78,261.00 | |
| 68389X105 | ORACLE CORP | US | ORCL | 1,424 | $81,481.28 |
| 68555PAA8 | ORBCOMM INC 8.00000 04/01/2024 | US | 120,000 | $116,700.00 | |
| 69145LAA2 | OXFORD FIN LLC/CO-ISS II 6.37500 12/15/2022 | US | 25,000 | $23,821.75 | |
| 69327RAJ0 | PDC ENERGY INC 5.75000 05/15/2026 | US | 75,000 | $76,725.00 | |
| 693456AW5 | PMTLT 2013-J1 a9 3.50000 09/25/2043 | US | 816,497.97 | $860,355.10 | |
| 693475105 | PNC FINANCIAL SERVICES GROUP | US | PNC | 309 | $34,360.80 |
| 693506107 | PPG INDUSTRIES INC | US | PPG | 216 | $26,006.40 |
| 69354NAC0 | PRA GROUP INC 7.37500 09/01/2025 | US | 110,000 | $117,249.00 | |
| 701094104 | PARKER HANNIFIN CORP | US | PH | 132 | $27,193.32 |
| 7021963 | DEUTSCHE BOERSE AG | DE | DB1 GR | 1,725 | $326,343.15 |
| 70450Y103 | PAYPAL HOLDINGS INC | US | PYPL | 9,820 | $2,004,654.80 |
| 7123870 | NESTLE SA-REGISTERED | CH | NESN SW | 28,904 | $3,481,404.03 |
| 713448108 | PEPSICO INC | US | PEP | 10,880 | $1,523,852.80 |
| 717081103 | PFIZER INC | US | PFE | 3,576 | $135,137.04 |
| 719245AD4 | PHOTO HOLDINGS MERGER SU 8.50000 10/01/2026 | US | 100,000 | $91,906.00 | |
| 71943U104 | PHYSICIANS REALTY TRUST | US | DOC | 2,392 | $43,414.80 |
| 723787107 | PIONEER NATURAL RESOURCES CO | US | PXD | 22,760 | $2,365,446.80 |
| 741503AZ9 | BOOKING HOLDINGS INC 3.60000 06/01/2026 | US | 3,210,000 | $3,603,645.35 | |
| 74166MAE6 | PRIME SECSRVC BRW/FINANC 6.25000 01/15/2028 | US | 75,000 | $78,750.00 | |
| 74340W103 | PROLOGIS | US | PLD | 4,913 | $500,438.18 |
| 74460D109 | PUBLIC STORAGE INC | US | PSA | 666 | $141,458.40 |
| 747525103 | QUALCOMM INC | US | QCOM | 678 | $80,749.80 |
| 74834L100 | QUEST DIAGNOSTICS INC | US | DGX | 199 | $22,136.76 |
| 750236AW1 | RADIAN GROUP INC 4.87500 03/15/2027 | US | 170,000 | $170,510.00 | |
| 75513E101 | RAYTHEON TECHNOLOGIES CORP | US | RTX | 1,123 | $68,503.00 |
| 756109104 | REALTY INCOME CORP | US | O | 833 | $51,670.99 |
| 758849103 | REGENCY CENTERS CORP | US | REG | 589 | $23,389.19 |
| 7591EP100 | REGIONS FINANCIAL CORP. | US | RF | 1,396 | $16,137.76 |
| 76131D103 | RESTAURANT BRANDS INTERN | CA | QSR | 4,340 | $234,967.60 |
| 76169C100 | REXFORD INDUSTRIAL REALITY IN | US | REXR | 2,233 | $107,139.34 |
| 7698356 | GETINGE AB-B SHS | SE | GETIB SS | 9,075 | $202,201.54 |
| 773903109 | ROCKWELL AUTOMATION INC | US | ROK | 137 | $31,582.61 |
| 778296AE3 | ROSS STORES INC 5.45000 04/15/2050 | US | 760,000 | $977,215.42 | |
| 780259107 | ROYAL DUTCH SHELL PLC-ADR B | NL | RDS/B | 18,495 | $519,709.50 |
| 783513203 | RYANAIR HOLDINGS - ADR | IE | RYAAY | 28,988 | $2,345,129.20 |
| 78403DAP5 | SBA TOWER TRUST 1.88400 01/15/2026 | US | 1,730,000 | $1,741,693.59 | |
| 78409V104 | S&P GLOBAL INC | US | SPGI | 2,870 | $1,051,625.40 |
| 78410G104 | SBA COMMUNICATIONS CORP | US | SBAC | 6,800 | $2,081,276.00 |
| 78442PGC4 | SLM CORP 5.12500 04/05/2022 | US | 175,000 | $180,250.00 | |
| 78449XAA0 | SMB 2020-BA A1A 1.29000 07/15/2053 | US | 2,050,000 | $2,047,554.76 | |
| 78490DAA2 | SOFI 2018-C A1FX 3.08000 01/25/2048 | US | 487,383.31 | $490,484.72 | |
| 785592AV8 | SABINE PASS LIQUEFACTION 5.87500 06/30/2026 | US | 2,620,000 | $3,151,133.45 | |
| 79466L302 | SALESFORCE.COM | US | CRM | 12,380 | $3,375,407.00 |
| 806857108 | SCHLUMBERGER LTD | NL | SLB | 46,245 | $879,117.45 |
| 81141R100 | SEA LTD - ADR | SG | SE | 915 | $139,821.15 |
| 81745BAB1 | SEMT 2013-6 A2 3.00000 05/25/2043 | US | 908,278.86 | $950,253.70 | |
| 81745CAB9 | SEMT 2013-7 A2 3.00000 06/25/2043 | US | 377,166.21 | $387,941.43 | |
| 81745EAA7 | SEMT 2013-8 A1 3.00000 06/25/2043 | US | 497,069.75 | $511,350.81 | |
| 81745MAA9 | SEMT 2013-2 1.87400 02/25/2043 | US | 380,172.96 | $382,959.93 | |
| 81762P102 | SERVICENOW INC | US | NOW | 3,100 | $1,494,262.00 |
| 83088M102 | SKYWORKS SOLUTIONS INC | US | SWKS | 176 | $25,493.60 |
| 832696405 | JM SMUCKER CO/THE-NEW COM WI | US | SJM | 171 | $20,550.78 |
| 83401BAB2 | SOFI 2017-F A2FX 2.84000 01/25/2041 | US | 196,608.06 | $201,936.32 | |
| 83404RAB4 | SOFI 2018-B A2FX MTGE 3.34000 08/25/2047 | US | 900,000 | $929,280.33 | |
| 83404YAA1 | SCLP 2016-5 A 3.06000 09/25/2028 | US | 8,970.32 | $8,987.63 | |
| 83406EAB1 | SOFI 2018-A A2A 2.39000 02/25/2042 | US | 31,062.53 | $31,090.96 | |
| 844741BJ6 | SOUTHWEST AIRLINES CO 5.25000 05/04/2025 | US | 1,930,000 | $2,106,459.03 | |
| 85172FAN9 | SPRINGLEAF FINANCE CORP 7.12500 03/15/2026 | US | 80,000 | $91,799.60 | |
| 85254J102 | STAG INDUSTRIAL INC | US | STAG | 1,736 | $56,072.80 |
| 854502101 | STANLEY WORKS/THE | US | SWK | 155 | $25,001.50 |
| 85571BAL9 | STARWOOD PROPERTY TRUST 4.75000 03/15/2025 | US | 120,000 | $115,500.00 | |
| 85571XAA5 | SRPT 2014-STAR A FLTG RATE 1.63188 11/15/2027 | US | 1,506,780.74 | $1,055,077.56 | |
| 861036AA9 | STL HOLDING CO LLC 7.50000 02/15/2026 | US | 110,000 | $111,375.00 | |
| 866674104 | SUN COMMUNITIES | US | SUI | 1,453 | $216,613.24 |
| 86935CAA0 | SCML 2019-SBC8 2.86000 04/25/2041 | US | 1,707,608.71 | $1,721,165.42 | |
| 87105L104 | SWITCH INC - A | US | SWCH | 5,670 | $97,524.00 |
| 871829107 | SYSCO CORP | US | SYY | 27,148 | $1,632,680.72 |
| 872540AU3 | TJX COS INC 4.50000 04/15/2050 | US | 1,130,000 | $1,437,589.38 | |
| 87422VAJ7 | TALEN ENERGY SUPPLY LLC 7.62500 06/01/2028 | US | 110,000 | $113,672.90 | |
| 87677QAA9 | TXEZ 2016-1A 3.13100 06/15/2028 | US | 208,507.76 | $208,929.97 | |
| 87854WAA1 | TECHNIPLAS LLC 10.00000 05/01/2020 | US | 55,000 | $12,237.50 | |
| 88032WAN6 | TENCENT HOLDINGS 3.97500 04/11/2029 | KY | 2,140,000 | $2,469,539.35 | |
| 88146M101 | TERRENO REALTY CORP | US | TRNO | 1,261 | $75,206.04 |
| 882508104 | TEXAS INSTRUMENTS INC | US | TXN | 684 | $97,230.60 |
| 883556102 | THERMO FISHER SCIENTIFIC INC | US | TMO | 3,510 | $1,505,719.80 |
| 88579Y101 | 3M CO | US | MMM | 488 | $79,553.76 |
| 89151E109 | TOTAL S A SPONSORED ADR | FR | TOT | 33,830 | $1,338,653.10 |
| 89173CAA5 | TPMT 2016-5 A1 2.50000 10/25/2056 | US | 1,286,536.92 | $1,313,697.52 | |
| 89173FAA8 | TPMT 2017-1 A1 2.75000 10/25/2056 | US | 765,437.37 | $787,004.03 | |
| 89177EAA7 | TPMT 2019-HY1 A1 1.17513 10/25/2048 | US | 687,510.06 | $686,079.08 | |
| 892231AA9 | TOWNSQUARE MEDIA INC 6.50000 04/01/2023 | US | 110,000 | $101,475.00 | |
| 89417E109 | TRAVELLERS COS INC | US | TRV | 279 | $32,375.16 |
| 89613BAA5 | TAH 2016-SFR1 A 2.58900 11/17/2033 | US | 1,897,068.4 | $1,902,062.05 | |
| 89613FAA6 | TAH 2017-SFR2 A 2.92800 01/17/2036 | US | 908,459.29 | $941,345.52 | |
| 89832Q109 | TRUIST FINANCIAL CORP | US | TFC | 1,371 | $53,208.51 |
| 901109AF5 | TUTOR PERINI CORP 6.87500 05/01/2025 | US | 195,000 | $187,687.50 | |
| 902494103 | TYSON FOODS INC -CL A | US | TSN | 413 | $25,936.40 |
| 902653104 | UDR INC | US | UDR | 1,191 | $41,458.71 |
| 902973304 | U.S. BANCORP | US | USB | 1,458 | $53,071.20 |
| 904767704 | UNILEVER PLC - ADR | GB | UL | 85,413 | $5,088,906.54 |
| 907818108 | UNION PAC CORP | US | UNP | 525 | $101,031.00 |
| 91086QBG2 | UNITED MEXICAN STATES 4.12500 01/21/2026 | MX | 200,000 | $223,100.00 | |
| 9127963S6 | TREASURY BILL 0.00000 07/15/2021 | US | 2,250,000 | $2,247,325.31 | |
| 912810FS2 | TSY INFL IX N/B 2.00000 01/15/2026 | US | 7,552,929.05 | $8,989,018.21 | |
| 912810RX8 | US TREASURY N/B 3.00000 05/15/2047 | US | 3,484,000 | $4,711,293.42 | |
| 912828D56 | US TREASURY N/B 2.37500 08/15/2024 | US | 5,485,000 | $5,953,581.85 | |
| 912828R36 | US TREASURY N/B 1.62500 05/15/2026 | US | 7,290,000 | $7,814,253.50 | |
| 912828YN4 | US TREASURY FRN FLT 0.40503 10/31/2021 | US | 7,701,000 | $7,725,899.49 | |
| 912828ZJ2 | TSY INFL IX N/B 0.12500 04/15/2025 | US | 5,594,070.25 | $6,015,592.17 | |
| 91704F104 | URBAN EDGE PROPERTIES | US | UE | 3,760 | $39,705.60 |
| 918204108 | VF CORP | US | VFC | 477 | $31,362.75 |
| 91913Y100 | VALERO ENERGY | US | VLO | 502 | $26,400.18 |
| 92343VDU5 | VERIZON COMMUNICATIONS 5.25000 03/16/2037 | US | 2,900,000 | $3,939,409.04 | |
| 92826C839 | VISA INC - CLASS A SHARES | US | V | 28,460 | $6,033,235.40 |
| 92826CAK8 | VISA INC 2.70000 04/15/2040 | US | 2,300,000 | $2,484,375.15 | |
| 928668BE1 | VOLKSWAGEN GROUP AMERICA 3.35000 05/13/2025 | US | 1,415,000 | $1,555,233.87 | |
| 929160109 | VULCAN MATERIALS CO | US | VMC | 12,285 | $1,474,200.00 |
| 93065PAA9 | WBHT 2019-WBM A FLT 1.21188 12/15/2033 | US | 1,045,000 | $992,711.75 | |
| 931142103 | WAL MART STORES | US | WMT | 1,366 | $189,669.10 |
| 94106L109 | WASTE MANAGEMENT INC | US | WM | 430 | $49,020.00 |
| 949746101 | WELLS FARGO COMPANY | US | WFC | 3,086 | $74,526.90 |
| 95040Q104 | WELLTOWER INC. | US | WELL | 1,864 | $107,217.28 |
| 95081QAP9 | WESCO DISTRIBUTION INC 7.25000 06/15/2028 | US | 115,000 | $128,280.78 | |
| 962178AN9 | TRI POINTE GROUP / HOMES 5.87500 06/15/2024 | US | 110,000 | $119,350.00 | |
| 966387AH5 | WHITING PETROLEUM CORP 5.75000 03/15/2021 | US | 390,000 | $87,750.00 | |
| 96949LAD7 | WILLIAMS PARTNERS LP 3.75000 06/15/2027 | US | 1,920,000 | $2,121,310.18 | |
| 97652TAA1 | WIN 2015-1 A1 3.50000 01/20/2045 | US | 421,941.1 | $434,430.60 | |
| 98311A105 | WYNDHAM HOTELS & RESORTS INC | US | WH | 1,658 | $86,812.88 |
| 983919101 | XILINX INC | US | XLNX | 237 | $24,685.92 |
| B02J639 | ADMIRAL GROUP PLC | GB | ADM LN | 9,330 | $325,539.32 |
| B1KFX13 | GRUPO AEROPORTUARIO DEL CENT | MX | OMAB MM | 13,100 | $59,992.28 |
| B1Y47Y7 | GERRESHEIMER AG | DE | GXI GR | 1,940 | $228,846.75 |
| B1Y9TB3 | DANONE | FR | BN FP | 4,025 | $264,669.34 |
| B3QJ0H8 | TOURMALINE OIL CORP | CA | TOU CN | 17,165 | $218,058.07 |
| B3ZD2V9 | MEX BONOS DESARR FIX RT 6.50000 06/10/2021 | MX | 2,850,000 | $132,127.36 | |
| B4888C1 | CANADIAN GOVERNMENT FLT 2.75000 06/01/2022 | CA | 360,000 | $288,022.08 | |
| B4NDCC9 | MEX BONOS DESARR FIX RT 6.50000 06/09/2022 | MX | 4,000,000 | $188,849.28 | |
| B4YVF56 | BRENNTAG AG | DE | BNR GR | 3,075 | $192,667.92 |
| B63QM77 | NEXON CO LTD | JP | 3659 JP | 133,700 | $3,128,500.60 |
| B6TC406 | MEX BONOS DESARR FIX RT 7.75000 05/29/2031 | MX | 1,000,000 | $51,640.62 | |
| BBG00W89CJ51 | BABA US 09/04/20 P240 | CN | -41 | -$246.00 | |
| BBG00WD4YYY7 | COG US 09/11/20 C20 | US | -494 | -$4,940.00 | |
| BBG00WD57V16 | CRM US 09/11/20 C230 | US | -43 | -$172,430.00 | |
| BBG00WDJ9S48 | PYPL US 09/11/20 P195 | US | -50 | -$7,500.00 | |
| BBG00WN64F39 | FB US 09/11/20 C282.5 | US | -35 | -$56,700.00 | |
| BBQ3850 | KEYWORDS STUDIOS PLC | IE | KWS LN | 1,865 | $54,797.21 |
| BD6K457 | COMPASS GROUP PLC | GB | CPG LN | 110 | $1,780.02 |
| BGHQ198 | HIBERNIA REIT PLC | IE | HBRN ID | 36,754 | $52,241.84 |
| BH8295835 | SAUDI INTERNATIONAL BOND 2.90000 10/22/2025 | SA | 200,000 | $212,008.00 | |
| BHJYC05 | INTERCONTINENTAL HOTELS GROUP | GB | IHG LN | 1,625 | $93,823.74 |
| BJ2KSG2 | AKZO NOBEL | NL | AKZA NA | 1,710 | $168,782.48 |
| BJVB695 | BUONI POLIENNALI DEL TES 2.45000 09/01/2050 | IT | 470,000 | $610,358.36 | |
| BK0939417 | AMERICAN TANKER INC 7.75000 07/02/2025 | US | 200,000 | $201,260.00 | |
| BMMV2K8 | TENCENT HOLDINGS LTD | CN | 700 HK | 48,806 | $3,334,345.94 |
| BNGN9Z1 | FINECOBANK SPA | IT | FBK IM | 22,865 | $346,143.16 |
| BP9DL90 | INDUSTRIA DE DISENO TEXTIL | ES | ITX SM | 7,760 | $218,189.07 |
| BVYVFW2 | AUTO TRADER GROUP PLC | GB | AUTO LN | 16,110 | $120,436.98 |
| BYPC1T4 | ASSA ABLOY AB-B | SE | ASSAB SS | 4,845 | $112,240.72 |
| BYYHL23 | ANHEUSER-BUSCH INBEV SA/NV | BE | ABI BB | 30,492 | $1,772,174.46 |
| BZ0VW78 | BINGO INDUSTRIES LTD | AU | BIN AU | 77,150 | $126,289.37 |
| BZ1HM42 | ADYEN NV | NL | ADYEN NA | 50 | $84,282.32 |
| G0772R208 | BANK OF N.T. BUTTERFIELD&SON | BM | NTB | 4,190 | $105,588.00 |
| G1151C101 | ACCENTURE PLC - CL A | IE | ACN | 1,234 | $296,073.62 |
| G29183103 | EATON CORP PLC | US | ETN | 453 | $46,251.30 |
| G51502105 | JOHNSON CONTROLS INTERNATIONAL | US | JCI | 998 | $40,648.54 |
| G5494J103 | LINDE PLC | GB | LIN | 300 | $74,922.00 |
| G5960L103 | MEDTRONIC INC | IE | MDT | 17,974 | $1,931,665.78 |
| G8994E103 | TRANE TECHNOLOGIES | IE | TT | 231 | $27,348.09 |
| G97822103 | PERRIGO CO PLC | IE | PRGO | 3,270 | $171,021.00 |
| H01301128 | ALCON INC | CH | ALC | 70,133 | $4,021,426.22 |
| H1467J104 | CHUBB LTD | CH | CB | 401 | $50,125.00 |
| H2906T109 | GARMIN LTD | CH | GRMN | 204 | $21,136.44 |
| N53745100 | LYONDELLBASELL INDU-CL A | US | LYB | 440 | $28,811.20 |
| USD | US DOLLAR | US | 16,773,774.11 | $16,773,774.11 | |
| ZO1818103 | NAVIGATOR HOLDINGS LTD 8.00000 09/10/2025 | MH | 150,000 | $150,361.50 |
Investments will change over time.
A Word About Risk
All investments involve risks, including possible loss of principal. Because the fund invests in both stocks and bonds, the value of your investment will fluctuate in response to stock market movements and changes in interest rates. Investing in the fund will also involve a number of other risks, including issuer-specific risk, foreign investment risk, and small-cap/mid-cap risk. Investments in options and futures, like all derivatives, can be highly volatile and involve risks in addition to the risks of the underlying instrument on which the derivative is based, such as counterparty, correlation and liquidity risk. Also, the use of leverage increases exposure to the market and may magnify potential losses.
About The Fund Manager
Manning & Napier Advisors, LLC (Manning & Napier) provides investment advisory services to Exeter Trust Company, Trustee of the Manning & Napier Collective Investment Trust Funds. Manning & Napier is headquartered in Rochester, NY and has more than 45 years of experience managing investment objectives. The Firm’s active management approach focuses on participating in rising markets and, as important, helping to reduce the risk of large losses in sustained bear market periods. A team of investment analysts and professionals make all investment decisions in an effort to provide investors with strong risk-adjusted returns.
Subscribe to receive email updates when new insights are available
Subscribe
© Manning & Napier | Privacy Policy | California Consumer Privacy Act | Legal Disclaimer | Business Continuity | Whistleblower Policy | Form CRS