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.

Manning and Napier Risk-Based Funds Graphic

Learn more about our Pro-Mix® Series

Daily Price

$13.31

Daily $ Change

$0.02

Daily % Change

0.15%

as of 09/19/2019

CUSIP

302027131

Inception Date

10/15/2013

This fund is only available for use within certain qualified employee benefit plans.

Important Documents

Annual Report
Applications & Forms

Performance

As of 08/31/2019

YTD

13.37%

1 Year

7.69%

3 Year

6.27%

5 Year

3.72%

10 Year

6.83%

Inception
(01/01/2000)

6.44%

US Stock Market Cycle (04/01/2000 - 08/31/2019)

6.42%

Performance through the inception date of the Pro-Mix® CIT Class U units is based on the historical performance of the CIT's oldest unit class. Returns are net of Pro-Mix CIT® Class U 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 0.49%
Net 0.49%*

*Reflects the Trustee’s contractual agreement to limit fees and voluntary agreement to reimburse certain expenses.

Top Ten Investments

As of 08/31/2019

GOVERNMENT AGENCY 12.95%
TREASURY BONDS 8.11%
TREASURY NOTES 7.23%
UNITED STATES TREAS INFL INDEX 0.12500 04/15/2020 3.16%
TSY INFL IX N/B 0.50000 04/15/2024 1.58%
MEDTRONIC INC 1.34%
MASTERCARD INC-CLASS A 1.23%
NOVARTIS AG- REG 1.21%
VISA INC - CLASS A SHARES 1.19%
MICROSOFT CORP 1.18%

This investment list is unaudited and excludes cash.

Asset Allocation

As of 08/31/2019

Bonds 62.04%
Stocks 37.23%
Cash 0.73%

Detailed Asset Class Allocation

As of 08/31/2019

International Equities 15.08%
Small Capitalization 0.32%
Mid Capitalization 0.77%
Large Capitalization 21.05%
Long Term Fixed Income 22.81%
Intermediate Term Fixed Income 30.40%
Short Term Fixed Income 8.84%
Cash 0.73%

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 08/31/2019

CUSIP Security Description Country Ticker Shares/Par Market Value (USD)
00101JAK2 ADT SEC CORP 6.25000 10/15/2021 US 40,000 $42,500.00
00101JAM8 ADT CORP 5.25000 03/15/2020 US 45,000 $45,450.00
00206RDQ2 AT&T INC 4.25000 03/01/2027 US 2,540,000 $2,794,713.44
00287Y109 ABBVIE INC US ABBV 866 $56,930.84
004239109 ACADIA REALTY TRUST US AKR 1,335 $36,512.25
00489LAA1 ACRISURE LLC / FIN INC 7.00000 11/15/2025 US 45,000 $41,443.20
00507V109 ACTIVISION INC US ATVI 55,270 $2,796,662.00
00774MAG0 AERCAP IRELAND CAP / GLOBA 4.45000 10/01/2025 IE 2,450,000 $2,627,468.40
00791GAA5 AG MERGER SUB II INC 10.75000 08/01/2027 US 45,000 $44,775.00
008492100 AGREE REALTY CORP US ADC 840 $62,739.60
013093AD1 ALBERTSONS COS LLC/SAFEW 5.75000 03/15/2025 US 45,000 $46,125.00
015271109 ALEXANDRIA REAL EST EQUITIES US ARE 315 $47,199.60
01609W102 ALIBABA GROUP - ADR CN BABA 845 $147,900.35
020002101 ALLSTATE CORPORATION US ALL 207 $21,194.73
02079K107 ALPHABET INC-CL C US GOOG 2,090 $2,483,129.00
02079K305 ALPHABET INC-CL A US GOOGL 2,085 $2,482,255.05
023135106 AMAZON.COM INC US AMZN 1,795 $3,188,440.55
02319V103 AMBEV SA-ADR BR ABEV 201,905 $916,648.70
0237400 DIAGEO PLC GB DGE LN 46,350 $1,984,412.68
02376RAA0 AMERICAN AIRLINES GROUP 5.50000 10/01/2019 US 530,000 $530,795.00
024835100 AMERICAN CAMPUS COMMUNITIES US ACC 1,420 $66,001.60
0263494 BAE SYSTEMS PLC GB BA/ LN 17,935 $119,269.77
02665T306 AMERICAN HOMES 4 RENT- A US AMH 8,710 $222,801.80
0287580 BRITISH AMERICAN TOBACCO PLC GB BATS LN 3,155 $110,671.87
03019LAA4 AMERICAN TANKER INC 9.25000 02/22/2022 US 110,000 $110,820.38
03027X100 AMERICAN TOWER REIT INC US AMT 7,120 $1,638,952.80
03063NAA5 AMERICOLD LLC TRUST 3.84730 01/14/2029 US 52,033.56 $52,572.28
03064D108 AMERICOLD REALTY TRUST US COLD 3,675 $133,843.50
031162100 AMGEN INC US AMGN 384 $80,110.08
03690AAF3 ANTERO MIDSTREAM PART/FI 5.75000 01/15/2028 US 45,000 $40,837.50
03748R754 APARTMENT INVT & MGMT CO -A US AIV 2,991 $152,541.00
038222105 APPLIED MATERIALS INC US AMAT 579 $27,803.58
039483102 ARCHER-DANIELS-MIDLAND CO US ADM 406 $15,448.30
03968AAA9 ARD SECURITIES FINANCE 8.75000 01/31/2023 LU 26,093 $27,006.26
0405207 HALMA PLC GB HLMA LN 2,540 $60,920.03
045086AF2 ASHTON WOODS USA/FINANCE 6.75000 08/01/2025 US 45,000 $44,550.00
0490656 KERRY GROUP PLC-A IE KYGA LN 1,060 $126,051.79
05278C107 AUTOHOME INC-ADR CN ATHM 1,120 $97,619.20
053484101 AVALONBAY COMMUNITIES INC US AVB 1,295 $275,265.20
054937107 BB&T CORP US BBT 434 $20,680.10
05604LAA0 BWAY 2015-1740 A 2.91700 01/10/2035 US 4,000,000 $4,164,299.20
05722G100 BAKER HUGHES A GE CO US BHGE 709 $15,378.21
060505104 BANK OF AMERICA CORP US BAC 2,840 $78,128.40
06051GFM6 BANK OF AMERICA CORP 4.00000 01/22/2025 US 3,990,000 $4,262,496.69
0673123 ASSOCIATED BRITISH FOODS PLC GB ABF LN 4,100 $113,431.89
084670702 BERKSHIRE HATHAWAY INC-CL B US BRK/B 20,800 $4,230,928.00
086516101 BEST BUY INC US BBY 280 $17,822.00
09061G101 BIOMARIN PHARMACEUTICAL INC US BMRN 18,950 $1,422,387.00
0922320 SMITH & NEPHEW PLC GB SN/ LN 5,825 $139,583.56
09247X101 BLACKROCK INC US BLK 1,800 $760,608.00
0946580 WEIR GROUP PLC/THE GB WEIR LN 5,630 $100,699.62
097023105 BOEING CO US BA 265 $96,483.85
09857L108 BOOKING HOLDINGS INC US BKNG 885 $1,740,272.85
101121101 BOSTON PROPERTIES INC US BXP 1,485 $190,703.70
105368203 BRANDYWINE REALTY TRUST US BDN 11,115 $159,500.25
110122108 BRISTOL MYERS SQUIBB CO US BMY 956 $45,954.92
110448107 BRITISH AMERICAN TOB-SP ADR GB BTI 1,335 $46,858.50
11135F101 BROADCOM INC US AVGO 213 $60,202.32
11680JAA0 BRUIN E&P PARTNERS LLC 8.87500 08/01/2023 US 45,000 $32,062.50
12429TAE4 BWAY HOLDING CO 7.25000 04/15/2025 US 45,000 $42,975.00
12503M108 CBOE GLOBAL MARKETS INC US CBOE 13,690 $1,631,300.40
12527GAB9 CF INDUSTRIES INC 7.12500 05/01/2020 US 40,000 $41,100.00
12541W209 C.H. ROBINSON WORLDWIDE INC US CHRW 189 $15,968.61
12555DAA3 CIM 2019-INV1 A1 4.00000 02/25/2049 US 466,152.84 $480,961.21
12572Q105 CME GROUP INC US CME 7,620 $1,655,749.80
12591QAR3 COMM 2014-UBS4 A5 3.69400 08/10/2047 US 3,600,000 $3,870,662.04
12593GAF9 COMM 2015-PC1 A5 3.90200 07/10/2050 US 1,900,000 $2,075,793.51
12629NAF2 COMM 2015-DC1 A5 FLT 3.35000 02/10/2048 US 2,000,000 $2,122,057.60
12646XAH5 CSMC 2013-IVR3 A1 2.50000 05/25/2043 US 864,891.11 $857,368.81
126650100 CVS HEALTH CORP US CVS 789 $48,065.88
12686CBA6 CABLEVISION SYSTEMS CORP 8.00000 04/15/2020 US 40,000 $41,150.00
133131102 CAMDEN PROPERTY TRUST US CPT 1,160 $125,570.00
13321L108 CAMECO CORP CA CCJ 8,331 $73,062.87
149123101 CATERPILLAR INC US CAT 327 $38,913.00
149806AA9 CAZ 2015-1A A 2.00000 12/10/2023 US 17,282.15 $17,261.30
14980AAA0 CAZENOVIA CREEK FUNDING LLC 3.56070 07/15/2030 US 791,593.91 $797,253.57
156700AW6 CENTURYLINK INC 5.62500 04/01/2020 US 40,000 $40,700.00
165183BB9 CFII 2017-4A A1 2.12000 11/15/2029 US 1,299,790.98 $1,299,501.91
165240102 CHESAPEAKE LODGING TRUST US CHSP 1,980 $50,985.00
166764100 CHEVRON CORP US CVX 671 $78,990.12
17275R102 CISCO SYSTEMS INC US CSCO 1,980 $92,683.80
172967424 CITIGROUP INC US C 830 $53,410.50
172967EW7 CITIGROUP INC 8.12500 07/15/2039 US 1,170,000 $1,955,262.16
191216100 COCA COLA CO/THE US KO 63,270 $3,482,380.80
192422103 COGNEX CORP US CGNX 19,760 $890,780.80
194162103 COLGATE-PALMOLIVE CO US CL 601 $44,564.15
2011646 ALIMENTATION COUCHE-TARD -B CA ATD/B CN 2,050 $129,029.59
20369C106 COMMUNITY HEALTHCARE TRUST I US CHCT 2,455 $104,681.20
205887102 CONAGRA BRAND INC. US CAG 461 $13,073.96
222795502 COUSINS PROPERTIES INC US CUZ 7,019 $243,559.30
22546QAD9 CREDIT SUISSE AG 5.40000 01/14/2020 CH 2,250,000 $2,274,087.58
22822V101 CROWN CASTLE INTL CORP US CCI 930 $135,008.10
22944PAA5 CSMC 2013-TH1 A1 2.13000 02/25/2043 US 580,139.56 $568,537.35
229663109 CUBESMART US CUBE 1,190 $42,709.10
231021106 CUMMINS INC US CMI 146 $21,793.42
2328595 BANCO DO BRASIL S.A. BR BBAS3 BZ 3,300 $36,825.16
2347608 FIRST QUANTUM MINERALS LTD CA FM CN 3,180 $19,489.86
2434760 MEXICHEM SAB DE CV MX MEXCHEM* MM 32,100 $58,781.53
2458771 ITAUSA INVESTIMENTOS ITAU -PR BR ITSA4 BZ 12,500 $37,219.27
2521800 LOBLAW COMPANIES LTD CA L CN 2,485 $136,008.68
253868103 DIGITAL REALTY TRUST INC US DLR 1,125 $139,083.75
25470DAT6 DISCOVERY COMMUNICATIONS 5.20000 09/20/2047 US 2,320,000 $2,624,200.00
25787GAC4 DONNELLEY FINANCIAL SOL 8.25000 10/15/2024 US 45,000 $46,575.00
25960P109 DOUGLAS EMMETT INC US DEI 2,955 $124,701.00
260557103 DOW INC US DOW 456 $19,439.28
26151AAA7 DRAX FINCO PLC 6.62500 11/01/2025 GB 85,000 $87,762.50
26780TAA5 DYNAGAS LNG PARTNERS/FIN 6.25000 10/30/2019 MH 310,000 $285,200.00
269246401 ETRADE FINANCIAL CORP US ETFC 18,100 $755,494.00
2715777 QUEBECOR INC -CL B CA QBR/B CN 40,690 $916,548.82
277432100 EASTMAN CHEM CO US EMN 178 $11,635.86
2801836 SHAW COMMUNICATIONS INC-B CA SJR/B CN 50,405 $957,823.72
285512109 ELECTRONIC ARTS US EA 27,900 $2,613,672.00
2866857 LUNDIN MINING CORP CA LUN CN 5,370 $25,611.76
291011104 EMERSON ELEC CO US EMR 495 $29,497.05
29273RAR0 ENERGY TRANSFER OPERATNG 6.50000 02/01/2042 US 1,600,000 $1,943,436.14
29444U700 EQUINIX INC US EQIX 4,720 $2,625,641.60
2945422 WEG SA BR WEGE3 BZ 2,500 $13,475.01
29472R108 EQUITY LIFESTYLE PROPERTIES US ELS 895 $120,574.40
29476L107 EQUITY RESIDENTIAL US EQR 2,785 $236,056.60
29670E107 ESSENTIAL PROPERTIES REALTY US EPRT 4,149 $94,223.79
297178105 ESSEX PROPERTY TRUST INC US ESS 655 $210,425.30
302154BV0 EXPORT-IMPORT BANK KOREA 2.62500 12/30/2020 KR 4,675,000 $4,706,052.94
30225T102 EXTRA SPACE STORAGE INC US EXR 635 $77,419.20
30251JAA9 FDIC 2011-R1 A 2.67200 07/25/2026 US 25,353.28 $25,296.09
30261UAJ3 FREMF 2013-K713 B 3.26092 04/25/2046 US 1,200,000 $1,203,194.40
30286XAN9 FREMF 2015-K43 B FLT 3.86165 02/25/2048 US 2,300,000 $2,435,898.95
30291EAE4 FREMF 2013-K712 B FLT 3.40789 05/25/2045 US 675,000 $674,442.38
30291HAA5 FREMF 2013-K28 X2A 0.10000 06/25/2046 US 103,569,154.05 $292,769.28
30303M102 FACEBOOK INC -A US FB 17,310 $3,213,947.70
30744W107 FARFETCH LTD - CLASS A GB FTCH 1,255 $12,273.90
311900104 FASTENAL CO US FAST 568 $17,392.16
3128M5A91 FHLM POOL G03332 6.00000 10/01/2037 US 42,808.25 $49,102.52
3128M5NM8 FHLM POOL G03696 5.50000 01/01/2038 US 92,924.21 $104,697.98
3128M6B98 FHLM POOL G04264 5.50000 04/01/2038 US 321,931.77 $362,575.07
3128M73H7 FHLM POOL G05900 6.00000 03/01/2040 US 87,078.66 $98,615.60
3128M73P9 FHLM POOL G05906 6.00000 04/01/2040 US 109,737.23 $121,708.89
3128M7KW5 FHLM POOL G05409 5.50000 03/01/2039 US 224,548.02 $252,988.05
3128M8AW4 FHLM POOL G06021 5.50000 01/01/2040 US 88,068.23 $99,230.97
3128M9C83 FHLM POOL G06995 6.00000 05/01/2040 US 270,597.08 $310,358.47
3128MB4Q7 FHLM POOL G13331 5.50000 10/01/2023 US 8,312.15 $8,615.70
3128MBDP9 FHLM POOL G12610 6.00000 03/01/2022 US 14,684.19 $15,052.41
3128MBE45 FHLM POOL G12655 6.00000 05/01/2022 US 10,021.25 $10,299.83
3128MBRH2 FHLM POOL G12988 6.00000 01/01/2023 US 8,598.44 $8,901.50
3128MBUB1 FHLM POOL G13078 6.00000 03/01/2023 US 14,488.38 $14,970.25
3128MJ2U3 FHLM GOLD POOL FG G08786 4.50000 10/01/2047 US 1,849,351.08 $1,964,590.25
3128MJJT8 FHLM POOL G08273 5.50000 06/01/2038 US 222,323.44 $250,258.18
3131XVYW9 FEDERAL NATL MTG ASSN FR ZM2525 3.00000 12/01/2046 US 1,401,814.3 $1,439,034.53
3132VLY43 FHLM POOL FG Q60730 4.00000 01/01/2049 US 1,762,593.1 $1,838,111.68
3132Y33P7 FHLM POOL FG Q59805 4.50000 11/01/2048 US 1,062,094.26 $1,123,593.12
31335ABB3 FHLM POOL G60034 4.50000 02/01/2045 US 2,554,811.03 $2,750,546.34
31335AFY9 FHLM POOL G60183 4.00000 12/01/2044 US 579,491.02 $607,393.36
31335CCY8 FHLM POOL FG G61887 MTGE 5.00000 02/01/2049 US 1,120,317.15 $1,197,457.56
31336WBS7 FHLM POOL G11850 5.50000 07/01/2020 US 1,936.19 $1,939.90
3133G6L60 FEDERAL NATL MTG ASSN FR QN0349 3.00000 08/01/2034 US 1,495,000 $1,533,754.78
3136AY6W8 FNA 2017-M15 A1 3.05802 09/25/2027 US 1,489,118.59 $1,565,920.03
3136B1YD0 FNR 2018-31 KP 3.50000 07/25/2047 US 1,013,926.17 $1,072,876.65
31371NCJ2 FEDERAL NATL MTG ASSN 256673 5.50000 04/01/2037 US 442,724.43 $498,621.40
313747206 FEDERAL RLTY INVT TR SH BEN INT US FRT 315 $40,701.15
3137A2B34 FHMS K009 X1 FLT 1.42756 08/25/2020 US 10,346,934.5 $95,475.30
3137ADTK3 FHMS K014 X1 FLT 1.32350 04/25/2021 US 6,525,729.9 $103,233.78
3137AJMG6 FMHS K016 X1 FLT 1.63450 10/25/2021 US 3,839,841.09 $104,334.63
3137AUPF0 FHMS K021 x1 FLT 1.56444 06/25/2022 US 15,064,461.53 $518,487.13
3137B3NB0 FHMS K030 X1 FLT 0.30107 04/25/2023 US 45,278,688.25 $289,050.09
3137B4GZ3 FHMS K032 X1 FLT 0.21295 05/25/2023 US 29,115,399.82 $120,147.61
3137F4YU0 FHR 4791 BA MTGE 4.00000 03/15/2044 US 1,135,663.69 $1,158,914.25
3137FG2L8 FHR 4801 BA MTGE 4.50000 05/15/2044 US 1,051,368.15 $1,070,176.60
3138ABBY4 FEDERAL NATL MTG ASSN AH9054 4.50000 04/01/2041 US 201,609.43 $218,384.32
3138ASSD5 FEDERAL NATL MTG ASSN AJ1415 4.50000 09/01/2041 US 117,776.36 $127,574.53
3138EQTZ5 FEDERAL NATL MTG ASSN AL7767 4.50000 06/01/2044 US 1,653,784.93 $1,791,031.10
3138ERN30 FEDERAL NATL MTG ASSN FN AL9409 3.50000 11/01/2031 US 1,225,267.63 $1,272,948.58
3138ETT89 FEDERAL NATL MTG ASSN AL8674 FLT 5.64400 01/01/2049 US 1,994,632.73 $2,256,139.15
3138WDAY7 FEDERAL NATL MTG ASSN FN AS3622 3.50000 10/01/2044 US 2,979,272.21 $3,129,007.84
3138WGK37 FEDERAL NATL MTG ASSN FN AS6613 4.00000 02/01/2046 US 2,655,141.18 $2,798,862.25
31403DDX4 FEDERAL NATL MTG ASSN 745418 5.50000 04/01/2036 US 471,042.69 $532,779.85
3140E2GZ8 FEDERAL NATL MTG ASSN AZ9215 4.00000 10/01/2045 US 525,377.1 $551,417.41
3140EWG66 FEDERAL NATL MTG ASSN BC2020 3.50000 07/01/2046 US 1,003,840.03 $1,047,766.74
3140F2QS2 FEDERAL NATL MTG ASSN BC6764 3.50000 04/01/2046 US 631,779.53 $658,841.08
3140F9M51 FEDERAL NATL MTG ASSN BD2179 4.00000 07/01/2046 US 1,451,535.62 $1,527,652.48
3140FEXR0 FEDERAL NATL MTG ASSN BD6987 4.00000 10/01/2046 US 1,610,663.6 $1,691,935.37
3140HPUY1 FEDERAL NATL MTG ASSN FN BK9598 4.50000 08/01/2048 US 483,302.15 $511,037.71
3140JGVQ5 FEDERAL NATL MTG ASSN FN BN0622 4.50000 01/01/2049 US 1,728,590.6 $1,826,378.68
3140Q84E2 FEDERAL NATL MTG ASSN FN CA1720 5.00000 05/01/2048 US 1,651,894.88 $1,773,005.52
3140Q9D42 FEDERAL NATL MTG ASSN FN CA1922 5.00000 06/01/2048 US 652,682.03 $699,989.72
3140Q9PD9 FEDERAL NATL MTG ASSN FN CA2219 5.00000 08/01/2048 US 2,546,444.77 $2,732,185.91
3140X4JC1 FEDERAL NATL MTG ASSN FM1158 3.50000 06/01/2034 US 2,086,151.9 $2,165,845.89
31410FSE6 FEDERAL NATL MTG ASSN 888017 6.00000 11/01/2021 US 10,500.68 $10,735.48
31410FV51 FEDERAL NATL MTG ASSN 888136 6.00000 12/01/2021 US 11,871.23 $12,139.75
31410GCD3 FEDERAL NATL MTG ASSN 888468 5.50000 09/01/2021 US 76,429.46 $77,585.10
31410GN33 FEDERAL NATL MTG ASSN 888810 5.50000 11/01/2022 US 91,152.89 $92,472.53
31410KJV7 FEDERAL NATL MTG ASSN 889576 6.00000 04/01/2038 US 279,726.84 $320,654.41
31410KLD4 FEDERAL NATL MTG ASSN 889624 5.50000 05/01/2038 US 278,602 $313,950.67
31411JXP6 FEDERAL NATL MTG ASSN 909786 5.50000 03/01/2037 US 95,659.42 $107,436.57
31416BSW9 FEDERAL NATL MTG ASSN 995233 5.50000 10/01/2021 US 2,356.97 $2,378.60
31416BVW5 FEDERAL NATL MTG ASSN 995329 5.50000 12/01/2021 US 52,603.01 $53,397.83
31418BBC9 FEDERAL NATL MTG ASSN MA1834 4.50000 02/01/2034 US 508,521.74 $544,748.40
31418BDH6 FEDERAL NATL MTG ASSN MA1903 4.50000 05/01/2034 US 530,959 $569,207.92
31418C4F8 FEDERAL NATL MTG ASSN FN MA3521 4.00000 11/01/2048 US 4,874,991.03 $5,069,717.38
31418CAF1 FEDERAL NATL MTG ASSN FN MA2705 3.00000 08/01/2046 US 851,642.83 $876,726.37
31418CYJ7 FEDERAL NATL MTG ASSN FN MA3412 3.50000 07/01/2038 US 618,399.77 $641,499.10
31418CZH0 FEDERAL NATL MTG ASSN FN MA3443 4.00000 08/01/2048 US 1,292,135 $1,342,871.62
31418DC67 FEDERAL NATL MTG ASSN FN MA3692 3.50000 07/01/2049 US 2,967,869.91 $3,056,382.86
31418MDZ2 FEDERAL NATL MTG ASSN AD0119 6.00000 07/01/2038 US 145,346.52 $166,783.63
31418MG63 FEDERAL NATL MTG ASSN AD0220 6.00000 10/01/2038 US 57,929.88 $66,325.55
31418MJC7 FEDERAL NATL MTG ASSN AD0258 5.50000 03/01/2039 US 164,172.33 $185,608.05
31418MKV3 FEDERAL NATL MTG ASSN AD0307 5.50000 01/01/2039 US 277,233.59 $312,148.45
31418MQQ8 FEDERAL NATL MTG ASSN AD0462 5.50000 10/01/2024 US 12,351.47 $12,975.31
31419BBV6 FEDERAL NATL MTG ASSN AE0951 4.50000 02/01/2041 US 478,848.23 $518,679.44
315786AC7 FIDELITY & GUARA NTY LIFE 5.50000 05/01/2025 US 85,000 $90,100.00
316067107 FIDELITY CASH RESERVES US 66,002.68 $66,002.68
316773100 FIFTH THIRD BANCORP US FITB 667 $17,642.15
32054K103 FIRST INDUSTRIAL REALTY TR US FR 2,080 $81,016.00
33834YAA6 FIVE POINT OP CO LP/FIVE 7.87500 11/15/2025 US 70,000 $70,218.75
346232AD3 FORESTAR GROUP INC 8.00000 04/15/2024 US 65,000 $69,793.75
34960PAB7 FORTRESS TRANS & INFRAST 6.50000 10/01/2025 US 65,000 $66,950.00
357081AE8 FREMF 2015-K720 B FLT 3.50394 07/25/2022 US 970,000 $994,358.45
36166LAA5 GEMS MENASA KY LTD/GEMS 7.12500 07/31/2026 AE 185,000 $188,515.00
36248EAA3 GSMS 2010-C2 3.84900 12/10/2043 US 27,752.34 $27,959.14
364760108 GAP INC US GPS 512 $8,084.48
369550108 GENERAL DYNAMICS CORP US GD 152 $29,073.04
369604BQ5 GENERAL ELECTRIC CO 5.00000 01/21/2021 US 2,340,000 $2,123,550.00
370334104 GENERAL MLS INC US GIS 543 $29,213.40
37045VAR1 GENERAL MOTORS CO FLT 3.35300 09/10/2021 US 1,820,000 $1,818,310.28
37045XAR7 GENERAL MOTORS FINL CO 3.15000 01/15/2020 US 2,300,000 $2,304,242.10
372460105 GENUINE PARTS CO US GPC 176 $15,891.04
374297109 GETTY REALTY CORP US GTY 2,445 $77,653.20
375558103 GILEAD SCIENCES INC US GILD 851 $54,072.54
37953TAB1 GLOBAL SHIP LEASE INC 9.87500 11/15/2022 MH 325,000 $328,250.00
37960JAA6 GLOBAL AIR LEASE CO LTD 6.50000 09/15/2024 KY 45,000 $44,775.00
38141GVR2 GOLDMAN SACHS GROUP INC 4.25000 10/21/2025 US 1,320,000 $1,423,570.96
38379RRX3 GNR 2017-54 AH MTGE 2.60000 12/16/2056 US 1,230,000.96 $1,236,833.49
400506101 GRUPO AEROPORTUARIO PAC-ADR MX PAC 395 $37,568.45
4012250 AIRBUS SE FR AIR FP 770 $106,100.56
4031879 VEOLIA ENVIRONMENT FR VIE FP 765 $18,294.16
404119BX6 HCA INC 4.12500 06/15/2029 US 1,830,000 $1,947,101.70
404139AD9 HC2 HOLDINGS INC 11.50000 12/01/2021 US 25,000 $21,750.00
40414L109 HCP INC US HCP 4,420 $153,418.20
4057808 L'OREAL FR OR FP 365 $99,665.19
4061412 LVMH MOET HENNESSY LOUIS VUITTON FR MC FP 340 $135,586.83
406216101 HALLIBURTON CO US HAL 95,705 $1,803,082.20
4162791 THALES SA FR HO FP 110 $12,718.89
4163437 CAPGEMINI FR CAP FP 200 $23,997.42
416515104 HARTFORD FINL SVCS US HIG 269 $15,677.32
421946104 HEALTHCARE REALTY TRUST INC US HR 3,725 $123,781.75
42225P501 HEALTHCARE TRUST OF AMERICA US HTA 4,375 $124,075.00
427866108 HERSHEY CO/THE US HSY 187 $29,635.76
43300A203 HILTON WORLDWIDE HOLDINGS INC US HLT 620 $57,269.40
437076102 HOME DEPOT INC US HD 527 $120,108.57
438516106 HONEYWELL INTERNATIONAL INC US HON 393 $64,695.66
44107P104 HOST MARRIOTT CORP US HST 4,345 $69,693.80
444454AD4 HUGHES SATELLITE SYSTEMS 5.25000 08/01/2026 US 85,000 $90,100.00
4457624 TRIGANO SA FR TRI FP 235 $22,533.64
452308109 ILLINOIS TOOL WKS INC US ITW 219 $32,819.34
45337C102 INCYTE CORP US INCY 12,790 $1,046,477.80
45378A106 INDEPENDENCE REALTY TRUST IN US IRT 5,965 $82,973.15
458140100 INTEL CORP US INTC 2,236 $106,008.76
45866F104 INTERCONTINENTALEXCHANGE INC US ICE 17,690 $1,653,661.20
4588364 MICHELIN (CGDE)-B FR ML FP 255 $26,846.14
459200101 INTERNATIONAL BUSINESS MACH CORP US IBM 507 $68,713.71
460146103 INTERNATIONAL PAPER CO US IP 321 $12,551.10
46187BAA1 IHSFR 2017-SFR2 A 3.03200 12/17/2036 US 490,703.03 $490,242.16
46187BAB9 IHSFR 2017-SFR2 B 3.33200 12/17/2036 US 390,000 $390,594.79
46187W107 INVITATION HOMES INC US INVH 7,345 $211,242.20
46625H100 JP MORGAN CHASE & CO US JPM 1,112 $122,164.32
46639GAL0 JPMMT 2013-1 1A2 3.00000 03/25/2043 US 410,922.04 $413,024.69
46640BAC8 JPMMT 2013-2 A2 3.50000 05/25/2043 US 474,497.29 $483,783.20
46641YAA1 JPMMT 2014-2 1A1 3.00000 06/25/2029 US 645,861.44 $656,874.54
46647PAY2 JPMORGAN CHASE & CO 4.02300 12/05/2024 US 1,960,000 $2,106,665.70
46647SAJ9 JPMMT 2017-3 1A5 3.50000 08/25/2047 US 1,090,123.98 $1,107,513.64
4682329 PERNOD-RICARD SA FR RI FP 320 $61,090.99
4741844 MERCK KGAA DE MRK GR 32,890 $3,523,686.97
476405105 JERNIGAN CAPITAL INC US JCAP 4,360 $84,191.60
478160104 JOHNSON & JOHNSON US JNJ 37,358 $4,795,272.88
47987LAA9 JONAH NRG LLC/FINANCE 7.25000 10/15/2025 US 90,000 $28,800.00
4821100 SOLVAY SA BE SOLB BB 1,420 $143,527.66
4824778 SGS SA-REG CH SGSN SW 25 $61,581.33
482480100 KLA-TENCOR CORPORATION US KLAC 171 $25,290.90
4834108 SCHNEIDER ELECTRIC SE FR SU FP 735 $61,566.27
4834777 VIVENDI FR VIV FP 1,385 $38,730.05
487836108 KELLOGG CO US K 308 $19,342.40
493267108 KEYCORP US KEY 909 $15,089.40
494368103 KIMBERLY CLARK CORP US KMB 268 $37,817.48
49446R109 KIMCO REALTY CORP US KIM 3,580 $65,800.40
494550AW6 KINDER MORGAN ENER PART 6.95000 01/15/2038 US 1,960,000 $2,602,108.17
500255104 KOHLS CORP US KSS 239 $11,295.14
50050N103 KONTOOR BRANDS INC US KTB 47 $1,609.28
501044101 KROGER CO US KR 572 $13,544.96
50187TAE6 LGI HOMES INC 6.87500 07/15/2026 US 85,000 $88,718.75
5107401 BEIERSDORF AG DE BEI GR 660 $83,192.51
512807108 LAM RESEARCH CORP US LRCX 99 $20,840.49
5176177 ORANGE FR ORA FP 2,960 $44,972.35
5253973 HERMES INTERNATIONAL FR RMS FP 45 $30,729.97
529043101 LEXINGTON REALTY TRUST US LXP 7,295 $75,795.05
531172104 LIBERTY PROPERTY TRUST US LPT 2,025 $105,543.00
53223X107 LIFE STORAGE INC US LSI 585 $61,986.60
5330047 DASSAULT SYSTEMES SA FR DSY FP 195 $27,495.66
539830109 LOCKHEED MARTIN CORP US LMT 164 $62,994.04
54238XAC2 LONESTAR RESOURCES AMERICA 11.25000 01/01/2023 US 25,000 $21,500.00
5476929 BARRY CALLEBAUT AG-REG CH BARN SW 30 $61,507.41
550021109 LULULEMON - ADR CA LULU 19,305 $3,565,054.35
5505072 KERING FR KER FP 110 $53,300.17
5545670 JUNGHEINRICH AG DE JUN3 GR 2,790 $59,382.66
5608915 ALTEN SA FR ATE FP 360 $42,986.29
5633616 SOPRA STERIA GROUP FR SOP FP 510 $65,409.23
56585A102 MARATHON PETROLEUM CORP US MPC 565 $27,803.65
5669354 REPSOL SA ES REP SM 8,072 $117,443.04
5671735 SANOFI-AVENTIS FR SAN FP 1,585 $136,163.23
5701513 ELISA OYJ FI ELISA FH 2,755 $138,555.41
5727973 SIEMENS AG-REG DE SIE GR 560 $56,001.15
57636Q104 MASTERCARD INC-CLASS A US MA 19,030 $5,354,471.10
57772K101 MAXIM INTEGRATED PRODUCTS US MXIM 266 $14,507.64
585464100 MELCO CROWN ENTERTAINME-ADR HK MLCO 2,540 $52,832.00
58933Y105 MERCK & CO INC US MRK 13,479 $1,165,529.13
594918104 MICROSOFT CORP US MSFT 37,105 $5,115,295.30
595112103 MICRON TECHNOLOGY INC US MU 35,940 $1,627,003.80
59522J103 MID-AMERICA APARTMENT COMM US MAA 810 $102,610.80
5962280 CHOCOLADEFABRIKEN LINDT-PC CH LISP SW 8 $59,293.16
5980613 GIVAUDAN - REG CH GIVN SW 20 $54,235.03
5986622 KONINKLIJKE PHILIPS NV NL PHIA NA 2,710 $127,733.54
6055112 AYALA LAND INC PH ALI PM 62,400 $56,669.24
6074968 BANK OF THE PHILIPPINE ISLAN PH BPI PM 21,620 $36,513.93
60871R209 MOLSON COORS BREWING CO -B US TAP 215 $11,042.40
609207105 MONDELEZ INTERNATIONAL INC US MDLZ 64,077 $3,538,331.94
6108179 HARMONIC DRIVE SYSTEMS INC JP 6324 JP 1,600 $63,390.20
615369105 MOODY'S CORPORATION US MCO 8,520 $1,836,741.60
61744YAG3 MORGAN STANLEY FLT 3.40700 05/08/2024 US 3,930,000 $3,984,155.40
6194037 KAKAO CORP KR 035720 KS 1,100 $122,369.35
61965RAB1 MOSS CREEK RESOURCES HLD 10.50000 05/15/2027 US 15,000 $11,775.00
62426EAA3 MOUNTAIN PROVINCE DIAMON 8.00000 12/15/2022 CA 90,000 $87,750.00
6250025 DAIFUKU CO LTD JP 6383 JP 1,200 $56,550.67
6272483 DMCI HOLDINGS INC PH DMC PM 83,200 $14,464.01
6284864 GLOBE TELECOM INC PH GLO PM 885 $34,510.88
6291819 CHINA PETROLEUM & CHEMICAL - H CN 386 HK 122,000 $71,166.92
62957HAC9 NABORS INDUSTRIES INC 5.50000 01/15/2023 US 45,000 $40,106.25
6356934 FANUC LTD JP 6954 JP 600 $103,903.51
637417106 NATIONAL RETAIL PROPERTIES US NNN 2,185 $122,687.75
637870106 NATIONAL STORAGE AFFILIATES US NSA 2,155 $72,106.30
64110D104 NETAPP INC US NTAP 198 $9,515.88
6441506 HOYA CORP JP 7741 JP 1,700 $138,216.25
6465874 GALAXY ENTERTAINMENT GROUP L HK 27 HK 14,000 $87,618.74
6474494 JOLLIBEE FOODS CORP PH JFC PM 8,540 $38,993.02
647581107 NEW ORIENTAL EDUCATIO- SP ADR CN EDU 890 $100,926.00
64829DAG1 NRZT 2014-3A AFX3 3.75000 11/25/2054 US 533,982.18 $554,005.98
64829EAA2 NRZT 2015-2A A1 3.75000 08/25/2055 US 710,243.9 $740,820.40
64829LAA6 NRZT 2016-4A A1 3.75000 11/25/2056 US 1,306,360.28 $1,354,946.43
6490995 KEYENCE CORP JP 6861 JP 280 $165,451.95
6499550 KYOWA KIRIN CO LTD JP 4151 JP 108,200 $1,979,409.78
6514442 METROPOLITAN BANK & TRUST PH MBT PM 30,300 $41,246.28
66727WAA0 NORTHWEST ACQ/DOMINION 7.12500 11/01/2022 CA 90,000 $55,800.00
6687571 NABTESCO CORP JP 6268 JP 2,200 $63,107.76
66987V109 NOVARTIS AG- REG CH NVS 58,570 $5,277,742.70
670346105 NUCOR CORP US NUE 350 $17,143.00
67059TAD7 NUSTAR LOGISTICS LP 6.75000 02/01/2021 US 45,000 $46,912.50
67087MAA4 OBP DEPOSITOR LLC TRUST 4.64620 07/15/2045 US 100,000 $100,726.15
6742340 SHANDONG WEIGAO CN 1066 HK 56,000 $57,648.67
674599105 OCCIDENTAL PETROLEUM CORP US OXY 469 $20,392.12
680665AL0 OLIN CORP 5.62500 08/01/2029 US 45,000 $46,743.75
6818843 SM PRIME HOLDINGS INC PH SMPH PM 103,915 $70,440.23
681936100 OMEGA HEALTHCARE INVS INC US OHI 2,035 $82,783.80
6821120 SONIC HEALTHCARE LTD AU SHL AU 6,510 $128,867.95
6821506 SONY CORP FIRST SECTION JP 6758 JP 1,900 $108,228.65
6895200 TOHO CO LTD JP 9602 JP 3,000 $127,119.09
6919519 UNIVERSAL ROBINA CORP PH URC PM 13,240 $43,980.74
6979728 WOODSIDE PETROLEUM LTD AU WPL AU 2,560 $55,294.24
7021963 DEUTSCHE BOERSE AG DE DB1 GR 750 $110,199.49
7088429 AXA SA FR CS FP 2,655 $60,880.45
7103065 NOVARTIS AG-REG CH NOVN SW 1,510 $136,133.63
7103526 PEUGEOT SA FR UG FP 730 $16,320.67
7110388 ROCHE HOLDING AG-GENUSSCHEIN CH ROG SW 715 $195,381.09
7110902 TECAN GROUP AG-REG CH TECN SW 125 $30,059.61
7123870 NESTLE SA-REGISTERED CH NESN SW 33,394 $3,752,631.95
7133608 EQUINOR ASA NO EQNR NO 7,285 $124,231.83
713448108 PEPSICO INC US PEP 26,430 $3,613,773.90
7145056 ENI SPA IT ENI IM 8,360 $126,181.06
717081103 PFIZER INC US PFE 2,739 $97,371.45
718546104 PHILLIPS 66 US PSX 268 $26,432.84
71943U104 PHYSICIANS REALTY TRUST US DOC 8,840 $153,108.80
7212477 ESSILORLUXOTTICA FR EL FP 380 $56,106.33
7262610 CREDIT AGRICOLE SA FR ACA FP 1,540 $17,554.99
729640102 PLYMOUTH INDUSTRIAL REIT INC US 2,930 $54,673.80
7309681 BNP PARIBAS FR BNP FP 1,715 $77,304.91
7339451 ORPEA SA FR ORP FP 470 $59,312.50
7380482 COMPAGNIE DE SAINT-GOBAIN FR SGO FP 650 $23,436.96
741503AZ9 BOOKING HOLDINGS INC 3.60000 06/01/2026 US 3,660,000 $3,919,843.31
74340W103 PROLOGIS US PLD 4,900 $409,738.00
744320AL6 PRUDENTIAL FINANCIAL INC 5.87500 09/15/2042 US 2,480,000 $2,653,600.00
74460D109 PUBLIC STORAGE INC US PSA 835 $221,057.90
74834L100 QUEST DIAGNOSTICS INC US DGX 136 $13,922.32
750236AW1 RADIAN GROUP INC 4.87500 03/15/2027 US 90,000 $91,687.50
756109104 REALTY INCOME CORP US O 670 $49,452.70
7591EP100 REGIONS FINANCIAL CORP. US RF 813 $11,886.06
76131D103 RESTAURANT BRANDS INTERN CA QSR 1,065 $83,549.25
7698356 GETINGE AB-B SHS SE GETIB SS 4,475 $61,940.63
77340RAK3 ROCKIES EXPRESS PIPELINE 5.62500 04/15/2020 US 65,000 $66,446.58
773903109 ROCKWELL AUTOMATION INC US ROK 89 $13,598.31
7742468 GECINA SA FR GFC FP 370 $58,653.16
77714PAB5 SEMGROUP / ROSE ROCK FIN 5.62500 07/15/2022 US 70,000 $67,445.70
7792559 HEINEKEN NV NL HEIA NA 1,125 $119,697.07
780259107 ROYAL DUTCH SHELL PLC-ADR B NL RDS/B 2,990 $166,722.40
783513203 RYANAIR HOLDINGS - ADR IE RYAAY 768 $44,006.40
78409V104 S&P GLOBAL INC US SPGI 6,400 $1,665,216.00
78410G104 SBA COMMUNICATIONS CORP US SBAC 6,200 $1,627,066.00
78442PGC4 SLM CORP 5.12500 04/05/2022 US 90,000 $92,137.50
78463V107 SPDR GOLD SHARES US 3,889 $559,043.75
78490DAA2 SOFI 2018-C A1FX 3.08000 01/25/2048 US 1,886,486.49 $1,901,778.16
785592AV8 SABINE PASS LIQUEFACTION 5.87500 06/30/2026 US 3,190,000 $3,666,175.89
80282KAE6 SANTANDER HOLDINGS USA 4.50000 07/17/2025 US 2,430,000 $2,615,932.42
806857108 SCHLUMBERGER LTD NL SLB 38,280 $1,241,420.40
808513105 CHARLES SCHWAB CORP/THE US SCHW 38,935 $1,490,042.45
81141R100 SEA LTD - ADR SG SE 3,740 $120,128.80
812578102 SEATTLE GENETICS INC US SGEN 13,860 $1,006,790.40
81745CAB9 SEMT 2013-7 A2 3.00000 06/25/2043 US 508,535.14 $515,368.84
81745EAA7 SEMT 2013-8 A1 3.00000 06/25/2043 US 702,322.36 $711,760.17
81745MAA9 SEMT 2013-2 1.87400 02/25/2043 US 533,805.8 $517,042.22
81762P102 SERVICENOW INC US NOW 15,860 $4,152,782.40
822538AE4 SHELF DRILL HOLD LTD 8.25000 02/15/2025 KY 45,000 $40,050.00
828806109 SIMON PROPERTY GROUP INC US SPG 1,930 $287,454.20
832696405 JM SMUCKER CO/THE-NEW COM WI US SJM 131 $13,775.96
83401BAA4 SOFI 2017-F A1FX 2.05000 01/25/2041 US 128,797.89 $128,578.35
83401BAB2 SOFI 2017-F A2FX 2.84000 01/25/2041 US 225,000 $230,162.67
83404YAA1 SCLP 2016-5 A 3.06000 09/25/2028 US 167,668.81 $168,429.19
83406EAB1 SOFI 2018-A A2A 2.39000 02/25/2042 US 343,360.03 $344,199.92
835699307 SONY CORP SPONSORED ADR JP SNE 59,735 $3,399,518.85
84265VAD7 SOUTHERN COPPER CORP 5.37500 04/16/2020 US 2,810,000 $2,855,896.01
845467AL3 SOUTHWESTERN ENERGY CO 6.20000 01/23/2025 US 45,000 $39,375.00
85207UAE5 SPRINT CORP 7.25000 09/15/2021 US 40,000 $43,028.00
85207UAH8 SPRINT CORP 7.12500 06/15/2024 US 40,000 $44,218.40
85254J102 STAG INDUSTRIAL INC US STAG 2,590 $75,317.20
855030AN2 STAPLES INC 7.50000 04/15/2026 US 70,000 $70,700.00
85571XAA5 SRPT 2014-STAR A FLTG RATE 3.41513 11/15/2027 US 1,513,904.03 $1,510,656.25
862121100 STORE CAPITAL CORP US STOR 1,335 $50,409.60
866674104 SUN COMMUNITIES US SUI 1,165 $172,187.00
867892101 SUNSTONE HOTEL INVESTORS INC US SHO 3,620 $47,566.80
867914103 SUNTRUST BANKS INC US STI 337 $20,728.87
86935CAA0 SCML 2019-SBC8 2.86000 12/25/2035 US 2,102,438.26 $2,122,716.49
871829107 SYSCO CORP US SYY 425 $31,590.25
874080104 TAL EDUCATION GROUP - ADR CN TAL 3,015 $107,424.45
87677QAA9 TXEZ 2016-1A 3.13100 06/15/2028 US 319,870.75 $319,462.28
87854WAA1 TECHNIPLAS LLC 10.00000 05/01/2020 US 55,000 $47,850.00
882508104 TEXAS INSTRUMENTS INC US TXN 547 $67,691.25
88579Y101 3M CO US MMM 366 $59,189.52
89173CAA5 TPMT 2016-5 A1 2.50000 10/25/2056 US 1,726,515.63 $1,727,420.84
89173FAA8 TPMT 2017-1 A1 2.75000 10/25/2056 US 1,038,016.36 $1,043,933.57
89177EAA7 TPMT 2019-HY1 A1 3.14525 10/25/2048 US 947,861.34 $952,471.07
89417E109 TRAVELLERS COS INC US TRV 156 $22,925.76
89613BAA5 TAH 2016-SFR1 A 2.58900 11/17/2033 US 1,956,132.31 $1,954,690.44
89613FAA6 TAH 2017-SFR2 A 2.92800 01/17/2036 US 912,704.6 $932,296.90
901109AF5 TUTOR PERINI CORP 6.87500 05/01/2025 US 90,000 $83,813.40
902494103 TYSON FOODS INC -CL A US TSN 244 $22,701.76
902653104 UDR INC US UDR 2,330 $112,259.40
902973304 U.S. BANCORP US USB 985 $51,899.65
903002103 UMH PROPERTIES INC US UMH 2,830 $36,393.80
904767704 UNILEVER PLC - ADR GB UL 49,363 $3,118,754.34
907818108 UNION PAC CORP US UNP 394 $63,812.24
911312106 UNITED PARCEL SERVICE US UPS 580 $68,822.80
912796SZ3 TREASURY BILL 0.00000 07/16/2020 US 4,500,000 $4,431,204.41
912810FM5 UNITED STATES TREAS BOND 6.25000 05/15/2030 US 5,903,000 $8,655,734.89
912810PT9 UNITED STATES TREAS BOND 4.75000 02/15/2037 US 6,124,000 $8,950,369.55
912810QV3 UNITED STATES TREAS INFL INDEX 0.75000 02/15/2042 US 2,268,273.57 $2,489,420.08
912810RK6 US TREASURY N/B 2.50000 02/15/2045 US 8,097,000 $8,981,660.49
912810RX8 US TREASURY N/B 3.00000 05/15/2047 US 7,119,000 $8,698,806.19
9128286N5 TSY INFL IX N/B 0.50000 04/15/2024 US 6,713,116 $6,852,827.09
912828K33 UNITED STATES TREAS INFL INDEX 0.12500 04/15/2020 US 13,858,192.6 $13,726,918.65
912828R36 US TREASURY N/B 1.62500 05/15/2026 US 8,651,000 $8,743,592.69
912828VB3 UNITED STATES TREAS NTS 1.75000 05/15/2023 US 4,520,000 $4,572,792.20
912828X88 US TREASURY N/B 2.37500 05/15/2027 US 8,861,000 $9,448,041.25
912828XB1 UNITED STATES TREAS NTS 2.12500 05/15/2025 US 8,367,000 $8,682,069.84
913017109 UNITED TECHNOLOGIES CORP US UTX 464 $60,431.36
91704F104 URBAN EDGE PROPERTIES US UE 5,425 $94,991.75
918204108 VF CORP US VFC 330 $27,043.50
91913Y100 VALERO ENERGY US VLO 354 $26,649.12
92189F106 MARKET VECTORS GOLD MINERS US 10,331 $308,483.66
92276F100 VENTAS INC US VTR 3,060 $224,573.40
92339V100 VEREIT INC US VER 14,590 $142,252.50
92343VDV3 VERIZON COMMUNICATIONS 5.50000 03/16/2047 US 2,910,000 $3,904,532.05
92532F100 VERTEX PHARMACEUTICALS INC US VRTX 5,850 $1,053,117.00
92553P201 VIACOM INC CL B US VIAB 445 $11,116.10
92826C839 VISA INC - CLASS A SHARES US V 28,580 $5,167,835.60
92840JAA7 VISTAJET MALTA/XO MGMT 10.50000 06/01/2024 MUL 70,000 $68,775.00
92903PAC3 VNO 2010 - VNO A2FX 4.00350 09/13/2028 US 275,000 $277,823.92
929042109 VORNADO REALTY TRUST US VNO 790 $47,771.30
92922PAL0 W & T OFFSHORE INC 9.75000 11/01/2023 US 25,000 $24,125.00
93065PAA9 WBHT 2019-WBM A FLT 3.24513 12/15/2033 US 1,045,000 $1,038,586.94
931142103 WAL MART STORES US WMT 1,190 $135,969.40
931427108 WALGREENS BOOTS ALLIANCE INC US WBA 629 $32,198.51
94106L109 WASTE MANAGEMENT INC US WM 323 $38,550.05
94856UAA9 WEEKLEY HOMES LLC/ FINAN 6.62500 08/15/2025 US 90,000 $90,000.00
948741103 WEINGARTEN REALTY INVESTORS US WRI 3,465 $91,787.85
949746101 WELLS FARGO COMPANY US WFC 2,127 $99,054.39
95040Q104 WELLTOWER INC. US WELL 1,915 $171,507.40
958102105 WESTERN DIGITAL CORP US WDC 323 $18,498.21
96949LAD7 WILLIAMS PARTNERS LP 3.75000 06/15/2027 US 1,880,000 $1,960,374.76
97651JAE6 WINWATER MORTGAGE LOAN TRUST 3.50000 03/20/2045 US 544,376.37 $546,227.69
97652TAA1 WIN 2015-1 A1 3.50000 01/20/2045 US 729,130.03 $742,487.69
AP8694550 BOREALIS FINANCE LLC 7.50000 11/16/2022 MH 95,000 $89,300.00
B00FM53 BANCO BRADESCO SA - PREF BR BBDC4 BZ 11,400 $91,122.92
B01FLR7 PING AN INSURANCE GROUP CO-H CN 2318 HK 8,000 $91,784.10
B02J639 ADMIRAL GROUP PLC GB ADM LN 2,330 $61,058.93
B037HR3 ITAU UNIBANCO HOLDINGS S-PREF BR ITUB4 BZ 13,800 $113,305.96
B037JC2 NEXITY FR NXI FP 390 $18,115.96
B058TZ6 SAFRAN SA FR SAF FP 420 $61,001.35
B068DB9 SM INVESTMENTS CORP PH SM PM 2,955 $58,224.29
B07DRZ5 RECORDATI SPA IT REC IM 2,830 $124,172.24
B08K3S0 LOCALIZA RENT A CAR BR RENT3 BZ 1,700 $19,438.54
B0C2CQ3 ENGIE FR ENGI FP 2,450 $37,251.70
B0CGYD6 LOJAS RENNER S.A. BR LREN3 BZ 2,500 $30,560.25
B0MP1B0 SHENZHOU INTERNATIONAL GROUP CN 2313 HK 6,700 $90,901.01
B11ZRK9 LEGRAND SA FR LR FP 350 $24,710.74
B13X013 EIFFAGE FR FGR FP 370 $38,340.51
B15C557 TOTAL SA FR FP FP 2,295 $114,608.90
B1FW751 GALP ENERGIA SGPS SA PT GALP PL 8,060 $115,835.58
B1KFX13 GRUPO AEROPORTUARIO DEL CENT MX OMAB MM 9,000 $52,922.69
B1XFTL2 HEXAGON AB-B SHS SE HEXAB SS 1,220 $54,334.78
B1XH026 VINCI SA FR DG FP 1,185 $129,469.48
B1Y47Y7 GERRESHEIMER AG DE GXI GR 650 $49,118.59
B1Y9TB3 DANONE FR BN FP 3,300 $295,643.78
B1YVKN8 ANTA SPORTS PRODUCTS LTD CN 2020 HK 8,000 $66,360.32
B1YXBJ7 AIR LIQUIDE FR AI FP 550 $76,631.53
B1Z9Q99 ABOITIZ POWER CORP PH AP PM 52,200 $38,101.66
B247XZ6 MANILA ELECTRIC COMPANY PH MER PM 5,150 $36,105.56
B3NB1P2 SUNCOR ENERGY INC CA SU CN 3,375 $98,710.00
B3ZCNF7 TELEFONICA BRASIL S.A. - PREF BR VIVT4 BZ 1,400 $18,138.13
B3ZD2V9 MEX BONOS DESARR FIX RT 6.50000 06/10/2021 MX 2,850,000 $140,903.75
B4888C1 CANADIAN GOVERNMENT FLT 2.75000 06/01/2022 CA 360,000 $281,013.07
B4975P9 MAGAZINE LUIZA SA BR MGLU3 BZ 1,600 $14,044.92
B4JSTL6 WYNN MACAU LTD MO 1128 HK 39,200 $78,119.69
B4NDCC9 MEX BONOS DESARR FIX RT 6.50000 06/09/2022 MX 4,000,000 $197,354.49
B4P8HQ1 MGM CHINA HOLDINGS LTD MO 2282 HK 35,600 $53,165.79
B4R2R50 JULIUS BAER CH BAER SW 1,520 $60,329.71
B4V5RY4 BANCO SANTANDER BRASIL - UNIT BR SANB11 BZ 1,000 $10,265.64
B5B23W2 SANDS CHINA LTD MO 1928 HK 18,400 $83,301.17
B5VJH76 BDO UNIBANK INC PH BDO PM 19,810 $56,684.09
B615Y14 MEX BONOS DESARR FIX RT 8.00000 06/11/2020 MX 5,300,000 $265,593.69
B63QM77 NEXON CO LTD JP 3659 JP 285,100 $3,847,308.86
B6TC406 MEX BONOS DESARR FIX RT 7.75000 05/29/2031 MX 1,000,000 $52,390.29
B725S29 PUREGOLD PRICE CLUB INC PH PGOLD PM 21,400 $18,055.74
B7FQV64 RAIA DROGASIL S.A. BR RADL3 BZ 700 $15,641.39
B92RW83 LT GROUP INC PH LTG PM 62,800 $17,829.98
B9N3SQ0 BB SEGURIDADE PARTICIPACOES BR BBSE3 BZ 2,200 $17,431.06
BB22L96 KION GROUP AG DE KGX GR 1,135 $55,003.49
BBG00NLGTT23 AMZN US 09/20/19 P1630 US -6 -$3,690.00
BBG00PP3KFV0 ATVI US 08/30/19 P44.5 US -250 -$500.00
BBG00PP80KG7 FB US 08/30/19 P185 US -64 -$64.00
BBG00PTP1R24 JNJ US 09/06/19 P122 US -90 -$810.00
BBG00PTRX541 NOW US 09/06/19 C270 US -41 -$4,387.00
BBG00PVQXVM3 DLTR US 09/06/19 P90 US -182 -$1,456.00
BBQ3850 KEYWORDS STUDIOS PLC IE KWS LN 1,380 $26,735.34
BD0PJ08 INMOBILIARIA COLONIAL SOCIMI ES COL SM 5,130 $59,246.85
BD4TZK8 OCI NV NL OCI NA 975 $21,392.53
BD9Y5C0 TECHNOGYM SPA IT TGYM IM 8,385 $84,985.00
BD9Y9B7 BASIC-FIT NV NL BFIT NA 2,855 $89,598.00
BF1K7P7 ESSITY AKTIEBOLAG-B SE ESSITYB SS 4,255 $132,918.98
BFTCYP4 ROBINSONS RETAIL HOLDINGS IN PH RRHI PM 12,340 $18,489.55
BG36ZK1 B3 SA-BRASIL BOLSA BALCAO BR B3SA3 BZ 5,800 $63,042.26
BG7ZWY7 AMBEV SA BR ABEV3 BZ 13,100 $59,568.46
BGHQ198 HIBERNIA REIT PLC IE HBRN ID 41,720 $67,311.03
BH4TZ73 FU SHOU YUAN INTERNATIONAL CN 1448 HK 107,000 $103,536.76
BJ2KSG2 AKZO NOBEL NL AKZA NA 1,645 $147,450.95
BJT1GR5 ALCON INC CH ALC SW 1,081 $65,736.91
BMJ6DW5 INFORMA PLC GB INF LN 11,555 $122,383.86
BMMV2K8 TENCENT HOLDINGS LTD CN 700 HK 86,092 $3,554,354.13
BMTRW10 B&M EUROPEAN VALUE RETAIL SA GB BME LN 11,235 $49,051.92
BNGN9Z1 FINECOBANK SPA IT FBK IM 9,375 $97,084.61
BP9DL90 INDUSTRIA DE DISENO TEXTIL ES ITX SM 98,725 $3,054,921.15
BSQXJ01 THULE GROUP AB/THE SE THULE SS 5,520 $109,689.04
BVSS790 ELIS SA FR ELIS FP 2,025 $36,031.97
BYXS699 QIAGEN N.V. NL QIA GR 2,095 $73,009.35
BYXZ2W5 RUMO SA BR RAIL3 BZ 3,300 $17,731.22
BYYHL23 ANHEUSER-BUSCH INBEV SA/NV BE ABI BB 37,392 $3,534,258.32
BYZFYS3 SPIE SA FR SPIE FP 1,040 $18,872.35
BYZFZ91 SOPHOS GROUP PLC GB SOPH LN 14,450 $67,694.41
BYZR014 AMUNDI SA FR AMUN FP 810 $51,780.94
G0772R208 BANK OF N.T. BUTTERFIELD&SON BM NTB 1,685 $46,438.60
G25839104 COCA-COLA EUROPEAN PARTNERS GB CCEP 2,215 $124,793.10
G29183103 EATON CORP PLC US ETN 361 $29,139.92
G37585AC3 GASLOG LTD 8.87500 03/22/2022 BM 65,000 $67,275.00
G45667105 HOLLYSYS AUTOMATION TECHNOLOGIES CN HOLI 3,525 $55,166.25
G50871105 JAZZ PHARMACEUTICALS IE JAZZ 945 $121,101.75
G51502105 JOHNSON CONTROLS INTERNATIONAL US JCI 685 $29,242.65
G5960L103 MEDTRONIC INC IE MDT 53,852 $5,810,092.28
G97822103 PERRIGO CO PLC IE PRGO 1,460 $68,298.80
H01301128 ALCON INC CH ALC 12,608 $768,583.68
H1467J104 CHUBB LTD CH CB 221 $34,537.88
H8817H100 TRANSOCEAN LTD US RIG 84,430 $384,156.50
N22717107 CORE LABORATORIES N.V. NL CLB 1,060 $41,965.40
N47279109 INTERXION HOLDING NV NL INXN 37,350 $3,023,109.00
N53745100 LYONDELLBASELL INDU-CL A US LYB 331 $25,612.78
N72482123 QIAGEN N.V. ADR NL QGEN 1,295 $44,923.55
USD US DOLLAR US 3,118,562.66 $3,118,562.66

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

$13.31

Daily $ Change

$0.02

Daily % Change

0.15%

as of 09/19/2019

CUSIP

302027131

Inception Date

10/15/2013

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.

Manning and Napier Risk-Based Funds Graphic

Learn more about our Pro-Mix® Series

Performance

As of 08/31/2019

YTD

13.37%

1 Year

7.69%

3 Year

6.27%

5 Year

3.72%

10 Year

6.83%

Inception
(01/01/2000)

6.44%

US Stock Market Cycle (04/01/2000 - 08/31/2019)

6.42%

Performance through the inception date of the Pro-Mix® CIT Class U units is based on the historical performance of the CIT's oldest unit class. Returns are net of Pro-Mix CIT® Class U 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 0.49%
Net 0.49%*

*Reflects the Trustee’s contractual agreement to limit fees and voluntary agreement to reimburse certain expenses.

Top Ten Investments

As of 08/31/2019

GOVERNMENT AGENCY 12.95%
TREASURY BONDS 8.11%
TREASURY NOTES 7.23%
UNITED STATES TREAS INFL INDEX 0.12500 04/15/2020 3.16%
TSY INFL IX N/B 0.50000 04/15/2024 1.58%
MEDTRONIC INC 1.34%
MASTERCARD INC-CLASS A 1.23%
NOVARTIS AG- REG 1.21%
VISA INC - CLASS A SHARES 1.19%
MICROSOFT CORP 1.18%

This investment list is unaudited and excludes cash.

Asset Allocation

As of 08/31/2019

Bonds
62.04%
Stocks
37.23%
Cash
0.73%

Detailed Asset Class Allocation

As of 08/31/2019

International Equities
15.08%
Small Capitalization
0.32%
Mid Capitalization
0.77%
Large Capitalization
21.05%
Long Term Fixed Income
22.81%
Intermediate Term Fixed Income
30.40%
Short Term Fixed Income
8.84%
Cash
0.73%

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 08/31/2019

CUSIP Security Description Country Ticker Shares/Par Market Value (USD)
00101JAK2 ADT SEC CORP 6.25000 10/15/2021 US 40,000 $42,500.00
00101JAM8 ADT CORP 5.25000 03/15/2020 US 45,000 $45,450.00
00206RDQ2 AT&T INC 4.25000 03/01/2027 US 2,540,000 $2,794,713.44
00287Y109 ABBVIE INC US ABBV 866 $56,930.84
004239109 ACADIA REALTY TRUST US AKR 1,335 $36,512.25
00489LAA1 ACRISURE LLC / FIN INC 7.00000 11/15/2025 US 45,000 $41,443.20
00507V109 ACTIVISION INC US ATVI 55,270 $2,796,662.00
00774MAG0 AERCAP IRELAND CAP / GLOBA 4.45000 10/01/2025 IE 2,450,000 $2,627,468.40
00791GAA5 AG MERGER SUB II INC 10.75000 08/01/2027 US 45,000 $44,775.00
008492100 AGREE REALTY CORP US ADC 840 $62,739.60
013093AD1 ALBERTSONS COS LLC/SAFEW 5.75000 03/15/2025 US 45,000 $46,125.00
015271109 ALEXANDRIA REAL EST EQUITIES US ARE 315 $47,199.60
01609W102 ALIBABA GROUP - ADR CN BABA 845 $147,900.35
020002101 ALLSTATE CORPORATION US ALL 207 $21,194.73
02079K107 ALPHABET INC-CL C US GOOG 2,090 $2,483,129.00
02079K305 ALPHABET INC-CL A US GOOGL 2,085 $2,482,255.05
023135106 AMAZON.COM INC US AMZN 1,795 $3,188,440.55
02319V103 AMBEV SA-ADR BR ABEV 201,905 $916,648.70
0237400 DIAGEO PLC GB DGE LN 46,350 $1,984,412.68
02376RAA0 AMERICAN AIRLINES GROUP 5.50000 10/01/2019 US 530,000 $530,795.00
024835100 AMERICAN CAMPUS COMMUNITIES US ACC 1,420 $66,001.60
0263494 BAE SYSTEMS PLC GB BA/ LN 17,935 $119,269.77
02665T306 AMERICAN HOMES 4 RENT- A US AMH 8,710 $222,801.80
0287580 BRITISH AMERICAN TOBACCO PLC GB BATS LN 3,155 $110,671.87
03019LAA4 AMERICAN TANKER INC 9.25000 02/22/2022 US 110,000 $110,820.38
03027X100 AMERICAN TOWER REIT INC US AMT 7,120 $1,638,952.80
03063NAA5 AMERICOLD LLC TRUST 3.84730 01/14/2029 US 52,033.56 $52,572.28
03064D108 AMERICOLD REALTY TRUST US COLD 3,675 $133,843.50
031162100 AMGEN INC US AMGN 384 $80,110.08
03690AAF3 ANTERO MIDSTREAM PART/FI 5.75000 01/15/2028 US 45,000 $40,837.50
03748R754 APARTMENT INVT & MGMT CO -A US AIV 2,991 $152,541.00
038222105 APPLIED MATERIALS INC US AMAT 579 $27,803.58
039483102 ARCHER-DANIELS-MIDLAND CO US ADM 406 $15,448.30
03968AAA9 ARD SECURITIES FINANCE 8.75000 01/31/2023 LU 26,093 $27,006.26
0405207 HALMA PLC GB HLMA LN 2,540 $60,920.03
045086AF2 ASHTON WOODS USA/FINANCE 6.75000 08/01/2025 US 45,000 $44,550.00
0490656 KERRY GROUP PLC-A IE KYGA LN 1,060 $126,051.79
05278C107 AUTOHOME INC-ADR CN ATHM 1,120 $97,619.20
053484101 AVALONBAY COMMUNITIES INC US AVB 1,295 $275,265.20
054937107 BB&T CORP US BBT 434 $20,680.10
05604LAA0 BWAY 2015-1740 A 2.91700 01/10/2035 US 4,000,000 $4,164,299.20
05722G100 BAKER HUGHES A GE CO US BHGE 709 $15,378.21
060505104 BANK OF AMERICA CORP US BAC 2,840 $78,128.40
06051GFM6 BANK OF AMERICA CORP 4.00000 01/22/2025 US 3,990,000 $4,262,496.69
0673123 ASSOCIATED BRITISH FOODS PLC GB ABF LN 4,100 $113,431.89
084670702 BERKSHIRE HATHAWAY INC-CL B US BRK/B 20,800 $4,230,928.00
086516101 BEST BUY INC US BBY 280 $17,822.00
09061G101 BIOMARIN PHARMACEUTICAL INC US BMRN 18,950 $1,422,387.00
0922320 SMITH & NEPHEW PLC GB SN/ LN 5,825 $139,583.56
09247X101 BLACKROCK INC US BLK 1,800 $760,608.00
0946580 WEIR GROUP PLC/THE GB WEIR LN 5,630 $100,699.62
097023105 BOEING CO US BA 265 $96,483.85
09857L108 BOOKING HOLDINGS INC US BKNG 885 $1,740,272.85
101121101 BOSTON PROPERTIES INC US BXP 1,485 $190,703.70
105368203 BRANDYWINE REALTY TRUST US BDN 11,115 $159,500.25
110122108 BRISTOL MYERS SQUIBB CO US BMY 956 $45,954.92
110448107 BRITISH AMERICAN TOB-SP ADR GB BTI 1,335 $46,858.50
11135F101 BROADCOM INC US AVGO 213 $60,202.32
11680JAA0 BRUIN E&P PARTNERS LLC 8.87500 08/01/2023 US 45,000 $32,062.50
12429TAE4 BWAY HOLDING CO 7.25000 04/15/2025 US 45,000 $42,975.00
12503M108 CBOE GLOBAL MARKETS INC US CBOE 13,690 $1,631,300.40
12527GAB9 CF INDUSTRIES INC 7.12500 05/01/2020 US 40,000 $41,100.00
12541W209 C.H. ROBINSON WORLDWIDE INC US CHRW 189 $15,968.61
12555DAA3 CIM 2019-INV1 A1 4.00000 02/25/2049 US 466,152.84 $480,961.21
12572Q105 CME GROUP INC US CME 7,620 $1,655,749.80
12591QAR3 COMM 2014-UBS4 A5 3.69400 08/10/2047 US 3,600,000 $3,870,662.04
12593GAF9 COMM 2015-PC1 A5 3.90200 07/10/2050 US 1,900,000 $2,075,793.51
12629NAF2 COMM 2015-DC1 A5 FLT 3.35000 02/10/2048 US 2,000,000 $2,122,057.60
12646XAH5 CSMC 2013-IVR3 A1 2.50000 05/25/2043 US 864,891.11 $857,368.81
126650100 CVS HEALTH CORP US CVS 789 $48,065.88
12686CBA6 CABLEVISION SYSTEMS CORP 8.00000 04/15/2020 US 40,000 $41,150.00
133131102 CAMDEN PROPERTY TRUST US CPT 1,160 $125,570.00
13321L108 CAMECO CORP CA CCJ 8,331 $73,062.87
149123101 CATERPILLAR INC US CAT 327 $38,913.00
149806AA9 CAZ 2015-1A A 2.00000 12/10/2023 US 17,282.15 $17,261.30
14980AAA0 CAZENOVIA CREEK FUNDING LLC 3.56070 07/15/2030 US 791,593.91 $797,253.57
156700AW6 CENTURYLINK INC 5.62500 04/01/2020 US 40,000 $40,700.00
165183BB9 CFII 2017-4A A1 2.12000 11/15/2029 US 1,299,790.98 $1,299,501.91
165240102 CHESAPEAKE LODGING TRUST US CHSP 1,980 $50,985.00
166764100 CHEVRON CORP US CVX 671 $78,990.12
17275R102 CISCO SYSTEMS INC US CSCO 1,980 $92,683.80
172967424 CITIGROUP INC US C 830 $53,410.50
172967EW7 CITIGROUP INC 8.12500 07/15/2039 US 1,170,000 $1,955,262.16
191216100 COCA COLA CO/THE US KO 63,270 $3,482,380.80
192422103 COGNEX CORP US CGNX 19,760 $890,780.80
194162103 COLGATE-PALMOLIVE CO US CL 601 $44,564.15
2011646 ALIMENTATION COUCHE-TARD -B CA ATD/B CN 2,050 $129,029.59
20369C106 COMMUNITY HEALTHCARE TRUST I US CHCT 2,455 $104,681.20
205887102 CONAGRA BRAND INC. US CAG 461 $13,073.96
222795502 COUSINS PROPERTIES INC US CUZ 7,019 $243,559.30
22546QAD9 CREDIT SUISSE AG 5.40000 01/14/2020 CH 2,250,000 $2,274,087.58
22822V101 CROWN CASTLE INTL CORP US CCI 930 $135,008.10
22944PAA5 CSMC 2013-TH1 A1 2.13000 02/25/2043 US 580,139.56 $568,537.35
229663109 CUBESMART US CUBE 1,190 $42,709.10
231021106 CUMMINS INC US CMI 146 $21,793.42
2328595 BANCO DO BRASIL S.A. BR BBAS3 BZ 3,300 $36,825.16
2347608 FIRST QUANTUM MINERALS LTD CA FM CN 3,180 $19,489.86
2434760 MEXICHEM SAB DE CV MX MEXCHEM* MM 32,100 $58,781.53
2458771 ITAUSA INVESTIMENTOS ITAU -PR BR ITSA4 BZ 12,500 $37,219.27
2521800 LOBLAW COMPANIES LTD CA L CN 2,485 $136,008.68
253868103 DIGITAL REALTY TRUST INC US DLR 1,125 $139,083.75
25470DAT6 DISCOVERY COMMUNICATIONS 5.20000 09/20/2047 US 2,320,000 $2,624,200.00
25787GAC4 DONNELLEY FINANCIAL SOL 8.25000 10/15/2024 US 45,000 $46,575.00
25960P109 DOUGLAS EMMETT INC US DEI 2,955 $124,701.00
260557103 DOW INC US DOW 456 $19,439.28
26151AAA7 DRAX FINCO PLC 6.62500 11/01/2025 GB 85,000 $87,762.50
26780TAA5 DYNAGAS LNG PARTNERS/FIN 6.25000 10/30/2019 MH 310,000 $285,200.00
269246401 ETRADE FINANCIAL CORP US ETFC 18,100 $755,494.00
2715777 QUEBECOR INC -CL B CA QBR/B CN 40,690 $916,548.82
277432100 EASTMAN CHEM CO US EMN 178 $11,635.86
2801836 SHAW COMMUNICATIONS INC-B CA SJR/B CN 50,405 $957,823.72
285512109 ELECTRONIC ARTS US EA 27,900 $2,613,672.00
2866857 LUNDIN MINING CORP CA LUN CN 5,370 $25,611.76
291011104 EMERSON ELEC CO US EMR 495 $29,497.05
29273RAR0 ENERGY TRANSFER OPERATNG 6.50000 02/01/2042 US 1,600,000 $1,943,436.14
29444U700 EQUINIX INC US EQIX 4,720 $2,625,641.60
2945422 WEG SA BR WEGE3 BZ 2,500 $13,475.01
29472R108 EQUITY LIFESTYLE PROPERTIES US ELS 895 $120,574.40
29476L107 EQUITY RESIDENTIAL US EQR 2,785 $236,056.60
29670E107 ESSENTIAL PROPERTIES REALTY US EPRT 4,149 $94,223.79
297178105 ESSEX PROPERTY TRUST INC US ESS 655 $210,425.30
302154BV0 EXPORT-IMPORT BANK KOREA 2.62500 12/30/2020 KR 4,675,000 $4,706,052.94
30225T102 EXTRA SPACE STORAGE INC US EXR 635 $77,419.20
30251JAA9 FDIC 2011-R1 A 2.67200 07/25/2026 US 25,353.28 $25,296.09
30261UAJ3 FREMF 2013-K713 B 3.26092 04/25/2046 US 1,200,000 $1,203,194.40
30286XAN9 FREMF 2015-K43 B FLT 3.86165 02/25/2048 US 2,300,000 $2,435,898.95
30291EAE4 FREMF 2013-K712 B FLT 3.40789 05/25/2045 US 675,000 $674,442.38
30291HAA5 FREMF 2013-K28 X2A 0.10000 06/25/2046 US 103,569,154.05 $292,769.28
30303M102 FACEBOOK INC -A US FB 17,310 $3,213,947.70
30744W107 FARFETCH LTD - CLASS A GB FTCH 1,255 $12,273.90
311900104 FASTENAL CO US FAST 568 $17,392.16
3128M5A91 FHLM POOL G03332 6.00000 10/01/2037 US 42,808.25 $49,102.52
3128M5NM8 FHLM POOL G03696 5.50000 01/01/2038 US 92,924.21 $104,697.98
3128M6B98 FHLM POOL G04264 5.50000 04/01/2038 US 321,931.77 $362,575.07
3128M73H7 FHLM POOL G05900 6.00000 03/01/2040 US 87,078.66 $98,615.60
3128M73P9 FHLM POOL G05906 6.00000 04/01/2040 US 109,737.23 $121,708.89
3128M7KW5 FHLM POOL G05409 5.50000 03/01/2039 US 224,548.02 $252,988.05
3128M8AW4 FHLM POOL G06021 5.50000 01/01/2040 US 88,068.23 $99,230.97
3128M9C83 FHLM POOL G06995 6.00000 05/01/2040 US 270,597.08 $310,358.47
3128MB4Q7 FHLM POOL G13331 5.50000 10/01/2023 US 8,312.15 $8,615.70
3128MBDP9 FHLM POOL G12610 6.00000 03/01/2022 US 14,684.19 $15,052.41
3128MBE45 FHLM POOL G12655 6.00000 05/01/2022 US 10,021.25 $10,299.83
3128MBRH2 FHLM POOL G12988 6.00000 01/01/2023 US 8,598.44 $8,901.50
3128MBUB1 FHLM POOL G13078 6.00000 03/01/2023 US 14,488.38 $14,970.25
3128MJ2U3 FHLM GOLD POOL FG G08786 4.50000 10/01/2047 US 1,849,351.08 $1,964,590.25
3128MJJT8 FHLM POOL G08273 5.50000 06/01/2038 US 222,323.44 $250,258.18
3131XVYW9 FEDERAL NATL MTG ASSN FR ZM2525 3.00000 12/01/2046 US 1,401,814.3 $1,439,034.53
3132VLY43 FHLM POOL FG Q60730 4.00000 01/01/2049 US 1,762,593.1 $1,838,111.68
3132Y33P7 FHLM POOL FG Q59805 4.50000 11/01/2048 US 1,062,094.26 $1,123,593.12
31335ABB3 FHLM POOL G60034 4.50000 02/01/2045 US 2,554,811.03 $2,750,546.34
31335AFY9 FHLM POOL G60183 4.00000 12/01/2044 US 579,491.02 $607,393.36
31335CCY8 FHLM POOL FG G61887 MTGE 5.00000 02/01/2049 US 1,120,317.15 $1,197,457.56
31336WBS7 FHLM POOL G11850 5.50000 07/01/2020 US 1,936.19 $1,939.90
3133G6L60 FEDERAL NATL MTG ASSN FR QN0349 3.00000 08/01/2034 US 1,495,000 $1,533,754.78
3136AY6W8 FNA 2017-M15 A1 3.05802 09/25/2027 US 1,489,118.59 $1,565,920.03
3136B1YD0 FNR 2018-31 KP 3.50000 07/25/2047 US 1,013,926.17 $1,072,876.65
31371NCJ2 FEDERAL NATL MTG ASSN 256673 5.50000 04/01/2037 US 442,724.43 $498,621.40
313747206 FEDERAL RLTY INVT TR SH BEN INT US FRT 315 $40,701.15
3137A2B34 FHMS K009 X1 FLT 1.42756 08/25/2020 US 10,346,934.5 $95,475.30
3137ADTK3 FHMS K014 X1 FLT 1.32350 04/25/2021 US 6,525,729.9 $103,233.78
3137AJMG6 FMHS K016 X1 FLT 1.63450 10/25/2021 US 3,839,841.09 $104,334.63
3137AUPF0 FHMS K021 x1 FLT 1.56444 06/25/2022 US 15,064,461.53 $518,487.13
3137B3NB0 FHMS K030 X1 FLT 0.30107 04/25/2023 US 45,278,688.25 $289,050.09
3137B4GZ3 FHMS K032 X1 FLT 0.21295 05/25/2023 US 29,115,399.82 $120,147.61
3137F4YU0 FHR 4791 BA MTGE 4.00000 03/15/2044 US 1,135,663.69 $1,158,914.25
3137FG2L8 FHR 4801 BA MTGE 4.50000 05/15/2044 US 1,051,368.15 $1,070,176.60
3138ABBY4 FEDERAL NATL MTG ASSN AH9054 4.50000 04/01/2041 US 201,609.43 $218,384.32
3138ASSD5 FEDERAL NATL MTG ASSN AJ1415 4.50000 09/01/2041 US 117,776.36 $127,574.53
3138EQTZ5 FEDERAL NATL MTG ASSN AL7767 4.50000 06/01/2044 US 1,653,784.93 $1,791,031.10
3138ERN30 FEDERAL NATL MTG ASSN FN AL9409 3.50000 11/01/2031 US 1,225,267.63 $1,272,948.58
3138ETT89 FEDERAL NATL MTG ASSN AL8674 FLT 5.64400 01/01/2049 US 1,994,632.73 $2,256,139.15
3138WDAY7 FEDERAL NATL MTG ASSN FN AS3622 3.50000 10/01/2044 US 2,979,272.21 $3,129,007.84
3138WGK37 FEDERAL NATL MTG ASSN FN AS6613 4.00000 02/01/2046 US 2,655,141.18 $2,798,862.25
31403DDX4 FEDERAL NATL MTG ASSN 745418 5.50000 04/01/2036 US 471,042.69 $532,779.85
3140E2GZ8 FEDERAL NATL MTG ASSN AZ9215 4.00000 10/01/2045 US 525,377.1 $551,417.41
3140EWG66 FEDERAL NATL MTG ASSN BC2020 3.50000 07/01/2046 US 1,003,840.03 $1,047,766.74
3140F2QS2 FEDERAL NATL MTG ASSN BC6764 3.50000 04/01/2046 US 631,779.53 $658,841.08
3140F9M51 FEDERAL NATL MTG ASSN BD2179 4.00000 07/01/2046 US 1,451,535.62 $1,527,652.48
3140FEXR0 FEDERAL NATL MTG ASSN BD6987 4.00000 10/01/2046 US 1,610,663.6 $1,691,935.37
3140HPUY1 FEDERAL NATL MTG ASSN FN BK9598 4.50000 08/01/2048 US 483,302.15 $511,037.71
3140JGVQ5 FEDERAL NATL MTG ASSN FN BN0622 4.50000 01/01/2049 US 1,728,590.6 $1,826,378.68
3140Q84E2 FEDERAL NATL MTG ASSN FN CA1720 5.00000 05/01/2048 US 1,651,894.88 $1,773,005.52
3140Q9D42 FEDERAL NATL MTG ASSN FN CA1922 5.00000 06/01/2048 US 652,682.03 $699,989.72
3140Q9PD9 FEDERAL NATL MTG ASSN FN CA2219 5.00000 08/01/2048 US 2,546,444.77 $2,732,185.91
3140X4JC1 FEDERAL NATL MTG ASSN FM1158 3.50000 06/01/2034 US 2,086,151.9 $2,165,845.89
31410FSE6 FEDERAL NATL MTG ASSN 888017 6.00000 11/01/2021 US 10,500.68 $10,735.48
31410FV51 FEDERAL NATL MTG ASSN 888136 6.00000 12/01/2021 US 11,871.23 $12,139.75
31410GCD3 FEDERAL NATL MTG ASSN 888468 5.50000 09/01/2021 US 76,429.46 $77,585.10
31410GN33 FEDERAL NATL MTG ASSN 888810 5.50000 11/01/2022 US 91,152.89 $92,472.53
31410KJV7 FEDERAL NATL MTG ASSN 889576 6.00000 04/01/2038 US 279,726.84 $320,654.41
31410KLD4 FEDERAL NATL MTG ASSN 889624 5.50000 05/01/2038 US 278,602 $313,950.67
31411JXP6 FEDERAL NATL MTG ASSN 909786 5.50000 03/01/2037 US 95,659.42 $107,436.57
31416BSW9 FEDERAL NATL MTG ASSN 995233 5.50000 10/01/2021 US 2,356.97 $2,378.60
31416BVW5 FEDERAL NATL MTG ASSN 995329 5.50000 12/01/2021 US 52,603.01 $53,397.83
31418BBC9 FEDERAL NATL MTG ASSN MA1834 4.50000 02/01/2034 US 508,521.74 $544,748.40
31418BDH6 FEDERAL NATL MTG ASSN MA1903 4.50000 05/01/2034 US 530,959 $569,207.92
31418C4F8 FEDERAL NATL MTG ASSN FN MA3521 4.00000 11/01/2048 US 4,874,991.03 $5,069,717.38
31418CAF1 FEDERAL NATL MTG ASSN FN MA2705 3.00000 08/01/2046 US 851,642.83 $876,726.37
31418CYJ7 FEDERAL NATL MTG ASSN FN MA3412 3.50000 07/01/2038 US 618,399.77 $641,499.10
31418CZH0 FEDERAL NATL MTG ASSN FN MA3443 4.00000 08/01/2048 US 1,292,135 $1,342,871.62
31418DC67 FEDERAL NATL MTG ASSN FN MA3692 3.50000 07/01/2049 US 2,967,869.91 $3,056,382.86
31418MDZ2 FEDERAL NATL MTG ASSN AD0119 6.00000 07/01/2038 US 145,346.52 $166,783.63
31418MG63 FEDERAL NATL MTG ASSN AD0220 6.00000 10/01/2038 US 57,929.88 $66,325.55
31418MJC7 FEDERAL NATL MTG ASSN AD0258 5.50000 03/01/2039 US 164,172.33 $185,608.05
31418MKV3 FEDERAL NATL MTG ASSN AD0307 5.50000 01/01/2039 US 277,233.59 $312,148.45
31418MQQ8 FEDERAL NATL MTG ASSN AD0462 5.50000 10/01/2024 US 12,351.47 $12,975.31
31419BBV6 FEDERAL NATL MTG ASSN AE0951 4.50000 02/01/2041 US 478,848.23 $518,679.44
315786AC7 FIDELITY & GUARA NTY LIFE 5.50000 05/01/2025 US 85,000 $90,100.00
316067107 FIDELITY CASH RESERVES US 66,002.68 $66,002.68
316773100 FIFTH THIRD BANCORP US FITB 667 $17,642.15
32054K103 FIRST INDUSTRIAL REALTY TR US FR 2,080 $81,016.00
33834YAA6 FIVE POINT OP CO LP/FIVE 7.87500 11/15/2025 US 70,000 $70,218.75
346232AD3 FORESTAR GROUP INC 8.00000 04/15/2024 US 65,000 $69,793.75
34960PAB7 FORTRESS TRANS & INFRAST 6.50000 10/01/2025 US 65,000 $66,950.00
357081AE8 FREMF 2015-K720 B FLT 3.50394 07/25/2022 US 970,000 $994,358.45
36166LAA5 GEMS MENASA KY LTD/GEMS 7.12500 07/31/2026 AE 185,000 $188,515.00
36248EAA3 GSMS 2010-C2 3.84900 12/10/2043 US 27,752.34 $27,959.14
364760108 GAP INC US GPS 512 $8,084.48
369550108 GENERAL DYNAMICS CORP US GD 152 $29,073.04
369604BQ5 GENERAL ELECTRIC CO 5.00000 01/21/2021 US 2,340,000 $2,123,550.00
370334104 GENERAL MLS INC US GIS 543 $29,213.40
37045VAR1 GENERAL MOTORS CO FLT 3.35300 09/10/2021 US 1,820,000 $1,818,310.28
37045XAR7 GENERAL MOTORS FINL CO 3.15000 01/15/2020 US 2,300,000 $2,304,242.10
372460105 GENUINE PARTS CO US GPC 176 $15,891.04
374297109 GETTY REALTY CORP US GTY 2,445 $77,653.20
375558103 GILEAD SCIENCES INC US GILD 851 $54,072.54
37953TAB1 GLOBAL SHIP LEASE INC 9.87500 11/15/2022 MH 325,000 $328,250.00
37960JAA6 GLOBAL AIR LEASE CO LTD 6.50000 09/15/2024 KY 45,000 $44,775.00
38141GVR2 GOLDMAN SACHS GROUP INC 4.25000 10/21/2025 US 1,320,000 $1,423,570.96
38379RRX3 GNR 2017-54 AH MTGE 2.60000 12/16/2056 US 1,230,000.96 $1,236,833.49
400506101 GRUPO AEROPORTUARIO PAC-ADR MX PAC 395 $37,568.45
4012250 AIRBUS SE FR AIR FP 770 $106,100.56
4031879 VEOLIA ENVIRONMENT FR VIE FP 765 $18,294.16
404119BX6 HCA INC 4.12500 06/15/2029 US 1,830,000 $1,947,101.70
404139AD9 HC2 HOLDINGS INC 11.50000 12/01/2021 US 25,000 $21,750.00
40414L109 HCP INC US HCP 4,420 $153,418.20
4057808 L'OREAL FR OR FP 365 $99,665.19
4061412 LVMH MOET HENNESSY LOUIS VUITTON FR MC FP 340 $135,586.83
406216101 HALLIBURTON CO US HAL 95,705 $1,803,082.20
4162791 THALES SA FR HO FP 110 $12,718.89
4163437 CAPGEMINI FR CAP FP 200 $23,997.42
416515104 HARTFORD FINL SVCS US HIG 269 $15,677.32
421946104 HEALTHCARE REALTY TRUST INC US HR 3,725 $123,781.75
42225P501 HEALTHCARE TRUST OF AMERICA US HTA 4,375 $124,075.00
427866108 HERSHEY CO/THE US HSY 187 $29,635.76
43300A203 HILTON WORLDWIDE HOLDINGS INC US HLT 620 $57,269.40
437076102 HOME DEPOT INC US HD 527 $120,108.57
438516106 HONEYWELL INTERNATIONAL INC US HON 393 $64,695.66
44107P104 HOST MARRIOTT CORP US HST 4,345 $69,693.80
444454AD4 HUGHES SATELLITE SYSTEMS 5.25000 08/01/2026 US 85,000 $90,100.00
4457624 TRIGANO SA FR TRI FP 235 $22,533.64
452308109 ILLINOIS TOOL WKS INC US ITW 219 $32,819.34
45337C102 INCYTE CORP US INCY 12,790 $1,046,477.80
45378A106 INDEPENDENCE REALTY TRUST IN US IRT 5,965 $82,973.15
458140100 INTEL CORP US INTC 2,236 $106,008.76
45866F104 INTERCONTINENTALEXCHANGE INC US ICE 17,690 $1,653,661.20
4588364 MICHELIN (CGDE)-B FR ML FP 255 $26,846.14
459200101 INTERNATIONAL BUSINESS MACH CORP US IBM 507 $68,713.71
460146103 INTERNATIONAL PAPER CO US IP 321 $12,551.10
46187BAA1 IHSFR 2017-SFR2 A 3.03200 12/17/2036 US 490,703.03 $490,242.16
46187BAB9 IHSFR 2017-SFR2 B 3.33200 12/17/2036 US 390,000 $390,594.79
46187W107 INVITATION HOMES INC US INVH 7,345 $211,242.20
46625H100 JP MORGAN CHASE & CO US JPM 1,112 $122,164.32
46639GAL0 JPMMT 2013-1 1A2 3.00000 03/25/2043 US 410,922.04 $413,024.69
46640BAC8 JPMMT 2013-2 A2 3.50000 05/25/2043 US 474,497.29 $483,783.20
46641YAA1 JPMMT 2014-2 1A1 3.00000 06/25/2029 US 645,861.44 $656,874.54
46647PAY2 JPMORGAN CHASE & CO 4.02300 12/05/2024 US 1,960,000 $2,106,665.70
46647SAJ9 JPMMT 2017-3 1A5 3.50000 08/25/2047 US 1,090,123.98 $1,107,513.64
4682329 PERNOD-RICARD SA FR RI FP 320 $61,090.99
4741844 MERCK KGAA DE MRK GR 32,890 $3,523,686.97
476405105 JERNIGAN CAPITAL INC US JCAP 4,360 $84,191.60
478160104 JOHNSON & JOHNSON US JNJ 37,358 $4,795,272.88
47987LAA9 JONAH NRG LLC/FINANCE 7.25000 10/15/2025 US 90,000 $28,800.00
4821100 SOLVAY SA BE SOLB BB 1,420 $143,527.66
4824778 SGS SA-REG CH SGSN SW 25 $61,581.33
482480100 KLA-TENCOR CORPORATION US KLAC 171 $25,290.90
4834108 SCHNEIDER ELECTRIC SE FR SU FP 735 $61,566.27
4834777 VIVENDI FR VIV FP 1,385 $38,730.05
487836108 KELLOGG CO US K 308 $19,342.40
493267108 KEYCORP US KEY 909 $15,089.40
494368103 KIMBERLY CLARK CORP US KMB 268 $37,817.48
49446R109 KIMCO REALTY CORP US KIM 3,580 $65,800.40
494550AW6 KINDER MORGAN ENER PART 6.95000 01/15/2038 US 1,960,000 $2,602,108.17
500255104 KOHLS CORP US KSS 239 $11,295.14
50050N103 KONTOOR BRANDS INC US KTB 47 $1,609.28
501044101 KROGER CO US KR 572 $13,544.96
50187TAE6 LGI HOMES INC 6.87500 07/15/2026 US 85,000 $88,718.75
5107401 BEIERSDORF AG DE BEI GR 660 $83,192.51
512807108 LAM RESEARCH CORP US LRCX 99 $20,840.49
5176177 ORANGE FR ORA FP 2,960 $44,972.35
5253973 HERMES INTERNATIONAL FR RMS FP 45 $30,729.97
529043101 LEXINGTON REALTY TRUST US LXP 7,295 $75,795.05
531172104 LIBERTY PROPERTY TRUST US LPT 2,025 $105,543.00
53223X107 LIFE STORAGE INC US LSI 585 $61,986.60
5330047 DASSAULT SYSTEMES SA FR DSY FP 195 $27,495.66
539830109 LOCKHEED MARTIN CORP US LMT 164 $62,994.04
54238XAC2 LONESTAR RESOURCES AMERICA 11.25000 01/01/2023 US 25,000 $21,500.00
5476929 BARRY CALLEBAUT AG-REG CH BARN SW 30 $61,507.41
550021109 LULULEMON - ADR CA LULU 19,305 $3,565,054.35
5505072 KERING FR KER FP 110 $53,300.17
5545670 JUNGHEINRICH AG DE JUN3 GR 2,790 $59,382.66
5608915 ALTEN SA FR ATE FP 360 $42,986.29
5633616 SOPRA STERIA GROUP FR SOP FP 510 $65,409.23
56585A102 MARATHON PETROLEUM CORP US MPC 565 $27,803.65
5669354 REPSOL SA ES REP SM 8,072 $117,443.04
5671735 SANOFI-AVENTIS FR SAN FP 1,585 $136,163.23
5701513 ELISA OYJ FI ELISA FH 2,755 $138,555.41
5727973 SIEMENS AG-REG DE SIE GR 560 $56,001.15
57636Q104 MASTERCARD INC-CLASS A US MA 19,030 $5,354,471.10
57772K101 MAXIM INTEGRATED PRODUCTS US MXIM 266 $14,507.64
585464100 MELCO CROWN ENTERTAINME-ADR HK MLCO 2,540 $52,832.00
58933Y105 MERCK & CO INC US MRK 13,479 $1,165,529.13
594918104 MICROSOFT CORP US MSFT 37,105 $5,115,295.30
595112103 MICRON TECHNOLOGY INC US MU 35,940 $1,627,003.80
59522J103 MID-AMERICA APARTMENT COMM US MAA 810 $102,610.80
5962280 CHOCOLADEFABRIKEN LINDT-PC CH LISP SW 8 $59,293.16
5980613 GIVAUDAN - REG CH GIVN SW 20 $54,235.03
5986622 KONINKLIJKE PHILIPS NV NL PHIA NA 2,710 $127,733.54
6055112 AYALA LAND INC PH ALI PM 62,400 $56,669.24
6074968 BANK OF THE PHILIPPINE ISLAN PH BPI PM 21,620 $36,513.93
60871R209 MOLSON COORS BREWING CO -B US TAP 215 $11,042.40
609207105 MONDELEZ INTERNATIONAL INC US MDLZ 64,077 $3,538,331.94
6108179 HARMONIC DRIVE SYSTEMS INC JP 6324 JP 1,600 $63,390.20
615369105 MOODY'S CORPORATION US MCO 8,520 $1,836,741.60
61744YAG3 MORGAN STANLEY FLT 3.40700 05/08/2024 US 3,930,000 $3,984,155.40
6194037 KAKAO CORP KR 035720 KS 1,100 $122,369.35
61965RAB1 MOSS CREEK RESOURCES HLD 10.50000 05/15/2027 US 15,000 $11,775.00
62426EAA3 MOUNTAIN PROVINCE DIAMON 8.00000 12/15/2022 CA 90,000 $87,750.00
6250025 DAIFUKU CO LTD JP 6383 JP 1,200 $56,550.67
6272483 DMCI HOLDINGS INC PH DMC PM 83,200 $14,464.01
6284864 GLOBE TELECOM INC PH GLO PM 885 $34,510.88
6291819 CHINA PETROLEUM & CHEMICAL - H CN 386 HK 122,000 $71,166.92
62957HAC9 NABORS INDUSTRIES INC 5.50000 01/15/2023 US 45,000 $40,106.25
6356934 FANUC LTD JP 6954 JP 600 $103,903.51
637417106 NATIONAL RETAIL PROPERTIES US NNN 2,185 $122,687.75
637870106 NATIONAL STORAGE AFFILIATES US NSA 2,155 $72,106.30
64110D104 NETAPP INC US NTAP 198 $9,515.88
6441506 HOYA CORP JP 7741 JP 1,700 $138,216.25
6465874 GALAXY ENTERTAINMENT GROUP L HK 27 HK 14,000 $87,618.74
6474494 JOLLIBEE FOODS CORP PH JFC PM 8,540 $38,993.02
647581107 NEW ORIENTAL EDUCATIO- SP ADR CN EDU 890 $100,926.00
64829DAG1 NRZT 2014-3A AFX3 3.75000 11/25/2054 US 533,982.18 $554,005.98
64829EAA2 NRZT 2015-2A A1 3.75000 08/25/2055 US 710,243.9 $740,820.40
64829LAA6 NRZT 2016-4A A1 3.75000 11/25/2056 US 1,306,360.28 $1,354,946.43
6490995 KEYENCE CORP JP 6861 JP 280 $165,451.95
6499550 KYOWA KIRIN CO LTD JP 4151 JP 108,200 $1,979,409.78
6514442 METROPOLITAN BANK & TRUST PH MBT PM 30,300 $41,246.28
66727WAA0 NORTHWEST ACQ/DOMINION 7.12500 11/01/2022 CA 90,000 $55,800.00
6687571 NABTESCO CORP JP 6268 JP 2,200 $63,107.76
66987V109 NOVARTIS AG- REG CH NVS 58,570 $5,277,742.70
670346105 NUCOR CORP US NUE 350 $17,143.00
67059TAD7 NUSTAR LOGISTICS LP 6.75000 02/01/2021 US 45,000 $46,912.50
67087MAA4 OBP DEPOSITOR LLC TRUST 4.64620 07/15/2045 US 100,000 $100,726.15
6742340 SHANDONG WEIGAO CN 1066 HK 56,000 $57,648.67
674599105 OCCIDENTAL PETROLEUM CORP US OXY 469 $20,392.12
680665AL0 OLIN CORP 5.62500 08/01/2029 US 45,000 $46,743.75
6818843 SM PRIME HOLDINGS INC PH SMPH PM 103,915 $70,440.23
681936100 OMEGA HEALTHCARE INVS INC US OHI 2,035 $82,783.80
6821120 SONIC HEALTHCARE LTD AU SHL AU 6,510 $128,867.95
6821506 SONY CORP FIRST SECTION JP 6758 JP 1,900 $108,228.65
6895200 TOHO CO LTD JP 9602 JP 3,000 $127,119.09
6919519 UNIVERSAL ROBINA CORP PH URC PM 13,240 $43,980.74
6979728 WOODSIDE PETROLEUM LTD AU WPL AU 2,560 $55,294.24
7021963 DEUTSCHE BOERSE AG DE DB1 GR 750 $110,199.49
7088429 AXA SA FR CS FP 2,655 $60,880.45
7103065 NOVARTIS AG-REG CH NOVN SW 1,510 $136,133.63
7103526 PEUGEOT SA FR UG FP 730 $16,320.67
7110388 ROCHE HOLDING AG-GENUSSCHEIN CH ROG SW 715 $195,381.09
7110902 TECAN GROUP AG-REG CH TECN SW 125 $30,059.61
7123870 NESTLE SA-REGISTERED CH NESN SW 33,394 $3,752,631.95
7133608 EQUINOR ASA NO EQNR NO 7,285 $124,231.83
713448108 PEPSICO INC US PEP 26,430 $3,613,773.90
7145056 ENI SPA IT ENI IM 8,360 $126,181.06
717081103 PFIZER INC US PFE 2,739 $97,371.45
718546104 PHILLIPS 66 US PSX 268 $26,432.84
71943U104 PHYSICIANS REALTY TRUST US DOC 8,840 $153,108.80
7212477 ESSILORLUXOTTICA FR EL FP 380 $56,106.33
7262610 CREDIT AGRICOLE SA FR ACA FP 1,540 $17,554.99
729640102 PLYMOUTH INDUSTRIAL REIT INC US 2,930 $54,673.80
7309681 BNP PARIBAS FR BNP FP 1,715 $77,304.91
7339451 ORPEA SA FR ORP FP 470 $59,312.50
7380482 COMPAGNIE DE SAINT-GOBAIN FR SGO FP 650 $23,436.96
741503AZ9 BOOKING HOLDINGS INC 3.60000 06/01/2026 US 3,660,000 $3,919,843.31
74340W103 PROLOGIS US PLD 4,900 $409,738.00
744320AL6 PRUDENTIAL FINANCIAL INC 5.87500 09/15/2042 US 2,480,000 $2,653,600.00
74460D109 PUBLIC STORAGE INC US PSA 835 $221,057.90
74834L100 QUEST DIAGNOSTICS INC US DGX 136 $13,922.32
750236AW1 RADIAN GROUP INC 4.87500 03/15/2027 US 90,000 $91,687.50
756109104 REALTY INCOME CORP US O 670 $49,452.70
7591EP100 REGIONS FINANCIAL CORP. US RF 813 $11,886.06
76131D103 RESTAURANT BRANDS INTERN CA QSR 1,065 $83,549.25
7698356 GETINGE AB-B SHS SE GETIB SS 4,475 $61,940.63
77340RAK3 ROCKIES EXPRESS PIPELINE 5.62500 04/15/2020 US 65,000 $66,446.58
773903109 ROCKWELL AUTOMATION INC US ROK 89 $13,598.31
7742468 GECINA SA FR GFC FP 370 $58,653.16
77714PAB5 SEMGROUP / ROSE ROCK FIN 5.62500 07/15/2022 US 70,000 $67,445.70
7792559 HEINEKEN NV NL HEIA NA 1,125 $119,697.07
780259107 ROYAL DUTCH SHELL PLC-ADR B NL RDS/B 2,990 $166,722.40
783513203 RYANAIR HOLDINGS - ADR IE RYAAY 768 $44,006.40
78409V104 S&P GLOBAL INC US SPGI 6,400 $1,665,216.00
78410G104 SBA COMMUNICATIONS CORP US SBAC 6,200 $1,627,066.00
78442PGC4 SLM CORP 5.12500 04/05/2022 US 90,000 $92,137.50
78463V107 SPDR GOLD SHARES US 3,889 $559,043.75
78490DAA2 SOFI 2018-C A1FX 3.08000 01/25/2048 US 1,886,486.49 $1,901,778.16
785592AV8 SABINE PASS LIQUEFACTION 5.87500 06/30/2026 US 3,190,000 $3,666,175.89
80282KAE6 SANTANDER HOLDINGS USA 4.50000 07/17/2025 US 2,430,000 $2,615,932.42
806857108 SCHLUMBERGER LTD NL SLB 38,280 $1,241,420.40
808513105 CHARLES SCHWAB CORP/THE US SCHW 38,935 $1,490,042.45
81141R100 SEA LTD - ADR SG SE 3,740 $120,128.80
812578102 SEATTLE GENETICS INC US SGEN 13,860 $1,006,790.40
81745CAB9 SEMT 2013-7 A2 3.00000 06/25/2043 US 508,535.14 $515,368.84
81745EAA7 SEMT 2013-8 A1 3.00000 06/25/2043 US 702,322.36 $711,760.17
81745MAA9 SEMT 2013-2 1.87400 02/25/2043 US 533,805.8 $517,042.22
81762P102 SERVICENOW INC US NOW 15,860 $4,152,782.40
822538AE4 SHELF DRILL HOLD LTD 8.25000 02/15/2025 KY 45,000 $40,050.00
828806109 SIMON PROPERTY GROUP INC US SPG 1,930 $287,454.20
832696405 JM SMUCKER CO/THE-NEW COM WI US SJM 131 $13,775.96
83401BAA4 SOFI 2017-F A1FX 2.05000 01/25/2041 US 128,797.89 $128,578.35
83401BAB2 SOFI 2017-F A2FX 2.84000 01/25/2041 US 225,000 $230,162.67
83404YAA1 SCLP 2016-5 A 3.06000 09/25/2028 US 167,668.81 $168,429.19
83406EAB1 SOFI 2018-A A2A 2.39000 02/25/2042 US 343,360.03 $344,199.92
835699307 SONY CORP SPONSORED ADR JP SNE 59,735 $3,399,518.85
84265VAD7 SOUTHERN COPPER CORP 5.37500 04/16/2020 US 2,810,000 $2,855,896.01
845467AL3 SOUTHWESTERN ENERGY CO 6.20000 01/23/2025 US 45,000 $39,375.00
85207UAE5 SPRINT CORP 7.25000 09/15/2021 US 40,000 $43,028.00
85207UAH8 SPRINT CORP 7.12500 06/15/2024 US 40,000 $44,218.40
85254J102 STAG INDUSTRIAL INC US STAG 2,590 $75,317.20
855030AN2 STAPLES INC 7.50000 04/15/2026 US 70,000 $70,700.00
85571XAA5 SRPT 2014-STAR A FLTG RATE 3.41513 11/15/2027 US 1,513,904.03 $1,510,656.25
862121100 STORE CAPITAL CORP US STOR 1,335 $50,409.60
866674104 SUN COMMUNITIES US SUI 1,165 $172,187.00
867892101 SUNSTONE HOTEL INVESTORS INC US SHO 3,620 $47,566.80
867914103 SUNTRUST BANKS INC US STI 337 $20,728.87
86935CAA0 SCML 2019-SBC8 2.86000 12/25/2035 US 2,102,438.26 $2,122,716.49
871829107 SYSCO CORP US SYY 425 $31,590.25
874080104 TAL EDUCATION GROUP - ADR CN TAL 3,015 $107,424.45
87677QAA9 TXEZ 2016-1A 3.13100 06/15/2028 US 319,870.75 $319,462.28
87854WAA1 TECHNIPLAS LLC 10.00000 05/01/2020 US 55,000 $47,850.00
882508104 TEXAS INSTRUMENTS INC US TXN 547 $67,691.25
88579Y101 3M CO US MMM 366 $59,189.52
89173CAA5 TPMT 2016-5 A1 2.50000 10/25/2056 US 1,726,515.63 $1,727,420.84
89173FAA8 TPMT 2017-1 A1 2.75000 10/25/2056 US 1,038,016.36 $1,043,933.57
89177EAA7 TPMT 2019-HY1 A1 3.14525 10/25/2048 US 947,861.34 $952,471.07
89417E109 TRAVELLERS COS INC US TRV 156 $22,925.76
89613BAA5 TAH 2016-SFR1 A 2.58900 11/17/2033 US 1,956,132.31 $1,954,690.44
89613FAA6 TAH 2017-SFR2 A 2.92800 01/17/2036 US 912,704.6 $932,296.90
901109AF5 TUTOR PERINI CORP 6.87500 05/01/2025 US 90,000 $83,813.40
902494103 TYSON FOODS INC -CL A US TSN 244 $22,701.76
902653104 UDR INC US UDR 2,330 $112,259.40
902973304 U.S. BANCORP US USB 985 $51,899.65
903002103 UMH PROPERTIES INC US UMH 2,830 $36,393.80
904767704 UNILEVER PLC - ADR GB UL 49,363 $3,118,754.34
907818108 UNION PAC CORP US UNP 394 $63,812.24
911312106 UNITED PARCEL SERVICE US UPS 580 $68,822.80
912796SZ3 TREASURY BILL 0.00000 07/16/2020 US 4,500,000 $4,431,204.41
912810FM5 UNITED STATES TREAS BOND 6.25000 05/15/2030 US 5,903,000 $8,655,734.89
912810PT9 UNITED STATES TREAS BOND 4.75000 02/15/2037 US 6,124,000 $8,950,369.55
912810QV3 UNITED STATES TREAS INFL INDEX 0.75000 02/15/2042 US 2,268,273.57 $2,489,420.08
912810RK6 US TREASURY N/B 2.50000 02/15/2045 US 8,097,000 $8,981,660.49
912810RX8 US TREASURY N/B 3.00000 05/15/2047 US 7,119,000 $8,698,806.19
9128286N5 TSY INFL IX N/B 0.50000 04/15/2024 US 6,713,116 $6,852,827.09
912828K33 UNITED STATES TREAS INFL INDEX 0.12500 04/15/2020 US 13,858,192.6 $13,726,918.65
912828R36 US TREASURY N/B 1.62500 05/15/2026 US 8,651,000 $8,743,592.69
912828VB3 UNITED STATES TREAS NTS 1.75000 05/15/2023 US 4,520,000 $4,572,792.20
912828X88 US TREASURY N/B 2.37500 05/15/2027 US 8,861,000 $9,448,041.25
912828XB1 UNITED STATES TREAS NTS 2.12500 05/15/2025 US 8,367,000 $8,682,069.84
913017109 UNITED TECHNOLOGIES CORP US UTX 464 $60,431.36
91704F104 URBAN EDGE PROPERTIES US UE 5,425 $94,991.75
918204108 VF CORP US VFC 330 $27,043.50
91913Y100 VALERO ENERGY US VLO 354 $26,649.12
92189F106 MARKET VECTORS GOLD MINERS US 10,331 $308,483.66
92276F100 VENTAS INC US VTR 3,060 $224,573.40
92339V100 VEREIT INC US VER 14,590 $142,252.50
92343VDV3 VERIZON COMMUNICATIONS 5.50000 03/16/2047 US 2,910,000 $3,904,532.05
92532F100 VERTEX PHARMACEUTICALS INC US VRTX 5,850 $1,053,117.00
92553P201 VIACOM INC CL B US VIAB 445 $11,116.10
92826C839 VISA INC - CLASS A SHARES US V 28,580 $5,167,835.60
92840JAA7 VISTAJET MALTA/XO MGMT 10.50000 06/01/2024 MUL 70,000 $68,775.00
92903PAC3 VNO 2010 - VNO A2FX 4.00350 09/13/2028 US 275,000 $277,823.92
929042109 VORNADO REALTY TRUST US VNO 790 $47,771.30
92922PAL0 W & T OFFSHORE INC 9.75000 11/01/2023 US 25,000 $24,125.00
93065PAA9 WBHT 2019-WBM A FLT 3.24513 12/15/2033 US 1,045,000 $1,038,586.94
931142103 WAL MART STORES US WMT 1,190 $135,969.40
931427108 WALGREENS BOOTS ALLIANCE INC US WBA 629 $32,198.51
94106L109 WASTE MANAGEMENT INC US WM 323 $38,550.05
94856UAA9 WEEKLEY HOMES LLC/ FINAN 6.62500 08/15/2025 US 90,000 $90,000.00
948741103 WEINGARTEN REALTY INVESTORS US WRI 3,465 $91,787.85
949746101 WELLS FARGO COMPANY US WFC 2,127 $99,054.39
95040Q104 WELLTOWER INC. US WELL 1,915 $171,507.40
958102105 WESTERN DIGITAL CORP US WDC 323 $18,498.21
96949LAD7 WILLIAMS PARTNERS LP 3.75000 06/15/2027 US 1,880,000 $1,960,374.76
97651JAE6 WINWATER MORTGAGE LOAN TRUST 3.50000 03/20/2045 US 544,376.37 $546,227.69
97652TAA1 WIN 2015-1 A1 3.50000 01/20/2045 US 729,130.03 $742,487.69
AP8694550 BOREALIS FINANCE LLC 7.50000 11/16/2022 MH 95,000 $89,300.00
B00FM53 BANCO BRADESCO SA - PREF BR BBDC4 BZ 11,400 $91,122.92
B01FLR7 PING AN INSURANCE GROUP CO-H CN 2318 HK 8,000 $91,784.10
B02J639 ADMIRAL GROUP PLC GB ADM LN 2,330 $61,058.93
B037HR3 ITAU UNIBANCO HOLDINGS S-PREF BR ITUB4 BZ 13,800 $113,305.96
B037JC2 NEXITY FR NXI FP 390 $18,115.96
B058TZ6 SAFRAN SA FR SAF FP 420 $61,001.35
B068DB9 SM INVESTMENTS CORP PH SM PM 2,955 $58,224.29
B07DRZ5 RECORDATI SPA IT REC IM 2,830 $124,172.24
B08K3S0 LOCALIZA RENT A CAR BR RENT3 BZ 1,700 $19,438.54
B0C2CQ3 ENGIE FR ENGI FP 2,450 $37,251.70
B0CGYD6 LOJAS RENNER S.A. BR LREN3 BZ 2,500 $30,560.25
B0MP1B0 SHENZHOU INTERNATIONAL GROUP CN 2313 HK 6,700 $90,901.01
B11ZRK9 LEGRAND SA FR LR FP 350 $24,710.74
B13X013 EIFFAGE FR FGR FP 370 $38,340.51
B15C557 TOTAL SA FR FP FP 2,295 $114,608.90
B1FW751 GALP ENERGIA SGPS SA PT GALP PL 8,060 $115,835.58
B1KFX13 GRUPO AEROPORTUARIO DEL CENT MX OMAB MM 9,000 $52,922.69
B1XFTL2 HEXAGON AB-B SHS SE HEXAB SS 1,220 $54,334.78
B1XH026 VINCI SA FR DG FP 1,185 $129,469.48
B1Y47Y7 GERRESHEIMER AG DE GXI GR 650 $49,118.59
B1Y9TB3 DANONE FR BN FP 3,300 $295,643.78
B1YVKN8 ANTA SPORTS PRODUCTS LTD CN 2020 HK 8,000 $66,360.32
B1YXBJ7 AIR LIQUIDE FR AI FP 550 $76,631.53
B1Z9Q99 ABOITIZ POWER CORP PH AP PM 52,200 $38,101.66
B247XZ6 MANILA ELECTRIC COMPANY PH MER PM 5,150 $36,105.56
B3NB1P2 SUNCOR ENERGY INC CA SU CN 3,375 $98,710.00
B3ZCNF7 TELEFONICA BRASIL S.A. - PREF BR VIVT4 BZ 1,400 $18,138.13
B3ZD2V9 MEX BONOS DESARR FIX RT 6.50000 06/10/2021 MX 2,850,000 $140,903.75
B4888C1 CANADIAN GOVERNMENT FLT 2.75000 06/01/2022 CA 360,000 $281,013.07
B4975P9 MAGAZINE LUIZA SA BR MGLU3 BZ 1,600 $14,044.92
B4JSTL6 WYNN MACAU LTD MO 1128 HK 39,200 $78,119.69
B4NDCC9 MEX BONOS DESARR FIX RT 6.50000 06/09/2022 MX 4,000,000 $197,354.49
B4P8HQ1 MGM CHINA HOLDINGS LTD MO 2282 HK 35,600 $53,165.79
B4R2R50 JULIUS BAER CH BAER SW 1,520 $60,329.71
B4V5RY4 BANCO SANTANDER BRASIL - UNIT BR SANB11 BZ 1,000 $10,265.64
B5B23W2 SANDS CHINA LTD MO 1928 HK 18,400 $83,301.17
B5VJH76 BDO UNIBANK INC PH BDO PM 19,810 $56,684.09
B615Y14 MEX BONOS DESARR FIX RT 8.00000 06/11/2020 MX 5,300,000 $265,593.69
B63QM77 NEXON CO LTD JP 3659 JP 285,100 $3,847,308.86
B6TC406 MEX BONOS DESARR FIX RT 7.75000 05/29/2031 MX 1,000,000 $52,390.29
B725S29 PUREGOLD PRICE CLUB INC PH PGOLD PM 21,400 $18,055.74
B7FQV64 RAIA DROGASIL S.A. BR RADL3 BZ 700 $15,641.39
B92RW83 LT GROUP INC PH LTG PM 62,800 $17,829.98
B9N3SQ0 BB SEGURIDADE PARTICIPACOES BR BBSE3 BZ 2,200 $17,431.06
BB22L96 KION GROUP AG DE KGX GR 1,135 $55,003.49
BBG00NLGTT23 AMZN US 09/20/19 P1630 US -6 -$3,690.00
BBG00PP3KFV0 ATVI US 08/30/19 P44.5 US -250 -$500.00
BBG00PP80KG7 FB US 08/30/19 P185 US -64 -$64.00
BBG00PTP1R24 JNJ US 09/06/19 P122 US -90 -$810.00
BBG00PTRX541 NOW US 09/06/19 C270 US -41 -$4,387.00
BBG00PVQXVM3 DLTR US 09/06/19 P90 US -182 -$1,456.00
BBQ3850 KEYWORDS STUDIOS PLC IE KWS LN 1,380 $26,735.34
BD0PJ08 INMOBILIARIA COLONIAL SOCIMI ES COL SM 5,130 $59,246.85
BD4TZK8 OCI NV NL OCI NA 975 $21,392.53
BD9Y5C0 TECHNOGYM SPA IT TGYM IM 8,385 $84,985.00
BD9Y9B7 BASIC-FIT NV NL BFIT NA 2,855 $89,598.00
BF1K7P7 ESSITY AKTIEBOLAG-B SE ESSITYB SS 4,255 $132,918.98
BFTCYP4 ROBINSONS RETAIL HOLDINGS IN PH RRHI PM 12,340 $18,489.55
BG36ZK1 B3 SA-BRASIL BOLSA BALCAO BR B3SA3 BZ 5,800 $63,042.26
BG7ZWY7 AMBEV SA BR ABEV3 BZ 13,100 $59,568.46
BGHQ198 HIBERNIA REIT PLC IE HBRN ID 41,720 $67,311.03
BH4TZ73 FU SHOU YUAN INTERNATIONAL CN 1448 HK 107,000 $103,536.76
BJ2KSG2 AKZO NOBEL NL AKZA NA 1,645 $147,450.95
BJT1GR5 ALCON INC CH ALC SW 1,081 $65,736.91
BMJ6DW5 INFORMA PLC GB INF LN 11,555 $122,383.86
BMMV2K8 TENCENT HOLDINGS LTD CN 700 HK 86,092 $3,554,354.13
BMTRW10 B&M EUROPEAN VALUE RETAIL SA GB BME LN 11,235 $49,051.92
BNGN9Z1 FINECOBANK SPA IT FBK IM 9,375 $97,084.61
BP9DL90 INDUSTRIA DE DISENO TEXTIL ES ITX SM 98,725 $3,054,921.15
BSQXJ01 THULE GROUP AB/THE SE THULE SS 5,520 $109,689.04
BVSS790 ELIS SA FR ELIS FP 2,025 $36,031.97
BYXS699 QIAGEN N.V. NL QIA GR 2,095 $73,009.35
BYXZ2W5 RUMO SA BR RAIL3 BZ 3,300 $17,731.22
BYYHL23 ANHEUSER-BUSCH INBEV SA/NV BE ABI BB 37,392 $3,534,258.32
BYZFYS3 SPIE SA FR SPIE FP 1,040 $18,872.35
BYZFZ91 SOPHOS GROUP PLC GB SOPH LN 14,450 $67,694.41
BYZR014 AMUNDI SA FR AMUN FP 810 $51,780.94
G0772R208 BANK OF N.T. BUTTERFIELD&SON BM NTB 1,685 $46,438.60
G25839104 COCA-COLA EUROPEAN PARTNERS GB CCEP 2,215 $124,793.10
G29183103 EATON CORP PLC US ETN 361 $29,139.92
G37585AC3 GASLOG LTD 8.87500 03/22/2022 BM 65,000 $67,275.00
G45667105 HOLLYSYS AUTOMATION TECHNOLOGIES CN HOLI 3,525 $55,166.25
G50871105 JAZZ PHARMACEUTICALS IE JAZZ 945 $121,101.75
G51502105 JOHNSON CONTROLS INTERNATIONAL US JCI 685 $29,242.65
G5960L103 MEDTRONIC INC IE MDT 53,852 $5,810,092.28
G97822103 PERRIGO CO PLC IE PRGO 1,460 $68,298.80
H01301128 ALCON INC CH ALC 12,608 $768,583.68
H1467J104 CHUBB LTD CH CB 221 $34,537.88
H8817H100 TRANSOCEAN LTD US RIG 84,430 $384,156.50
N22717107 CORE LABORATORIES N.V. NL CLB 1,060 $41,965.40
N47279109 INTERXION HOLDING NV NL INXN 37,350 $3,023,109.00
N53745100 LYONDELLBASELL INDU-CL A US LYB 331 $25,612.78
N72482123 QIAGEN N.V. ADR NL QGEN 1,295 $44,923.55
USD US DOLLAR US 3,118,562.66 $3,118,562.66

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.


Loading...