Search
Filter by type
To provide long-term total return.
Under normal circumstances, at least 80% of the Series’ assets will be invested in U.S. dollar denominated credit-related instruments and other financial instruments, principally derivative instruments and exchange-traded funds (ETFs), with economic characteristics similar to credit-related instruments. The Series will principally invest in investment grade securities, and is not subject to maturity or duration restrictions.
$10.54
$0.01
0.09%
as of 01/15/2021
MCDWX
56382R464
04/14/2020
The Series is offered exclusively to discretionary investment accounts and other funds managed by the Advisor.
| Summary Prospectus | |
| Prospectus | |
| Statement of Additional Information | |
| Annual Report | |
| Semi-Annual Report | |
| Fact Sheet | --- |
| Applications & Forms |
As of 12/31/2020
---
---
---
---
---
8.77%
Performance data quoted represents past performance and does not guarantee future results. Performance for periods greater than one year is annualized. The investment return and principal value of an investment will fluctuate, so that an investor’s shares, when redeemed, may be worth more or less than their original cost. Current performance may be higher or lower than that quoted.
| Gross | 0.32% |
| Net | 0.07%* |
*Reflects the Advisor's contractual agreement to limit its fees and reimburse certain expenses, including the management fee. The contractual waiver may not be amended or terminated without the prior approval of the Fund's Board of Directors. The Class W shares are only available to discretionary investment accounts and other accounts managed by the Advisor. These clients pay a management fee to the Advisor that is separate from the fund's expenses.
As of 12/31/2020
| VERIZON COMMUNICATIONS 4.27200 01/15/2036 | 2.98% |
| ISHARES BROAD USD INVESTMENT 1.74600 | 2.93% |
| ALIBABA GROUP HOLDING 3.40000 12/06/2027 | 2.83% |
| SABINE PASS LIQUEFACTION 5.87500 06/30/2026 | 2.65% |
| ENERGY TRANSFER OPERATNG 6.50000 02/01/2042 | 2.59% |
| AMERICAN TOWER CORP 3.80000 08/15/2029 | 2.58% |
| JPMORGAN CHASE & CO 2.95600 05/13/2031 | 2.56% |
| KINDER MORGAN ENER PART 6.95000 01/15/2038 | 2.54% |
| COMCAST CORP 3.25000 11/01/2039 | 2.53% |
| AERCAP IRELAND CAP / GLOBA 4.45000 10/01/2025 | 2.44% |
Top Ten Investments list is unaudited and excludes cash
As of 12/31/2020
| Cash | 3.14% |
| Corporate | 57.21% |
| Mortgage | 32.77% |
| Other | 6.88% |
As of 12/31/2020
| AAA | 26.65% |
| AA | 5.85% |
| A | 22.04% |
| BBB | 38.35% |
| NR | 7.11% |
Credit quality ratings are measured on a scale that generally ranges from AAA (highest) to D (lowest). Not Rated (NR) is used to classify securities for which a rating is not available. Credit quality ratings for each issue are obtained from Bloomberg using ratings derived from Moody’s Investors Services (Moody’s) or Standard & Poor’s. When ratings from Moody’s are not available, ratings from Standard & Poor’s are used.
As of 12/31/2020
| CUSIP | Security Description | Country | Ticker | Shares/Par | Market Value (USD) |
|---|---|---|---|---|---|
| 00206RDQ2 | AT&T INC 4.25000 03/01/2027 | US | 1,600,000 | $1,871,573.10 | |
| 00774MAG0 | AERCAP IRELAND CAP / GLOBA 4.45000 10/01/2025 | IE | 4,040,000 | $4,500,063.61 | |
| 00912XAV6 | AIR LEASE CORP 3.62500 04/01/2027 | US | 3,000,000 | $3,215,076.18 | |
| 00914AAB8 | AIR LEASE CORP 3.75000 06/01/2026 | US | 510,000 | $560,988.40 | |
| 01609WAT9 | ALIBABA GROUP HOLDING 3.40000 12/06/2027 | KY | 4,670,000 | $5,228,071.30 | |
| 03027XAW0 | AMERICAN TOWER CORP 3.80000 08/15/2029 | US | 4,090,000 | $4,755,187.91 | |
| 045054AJ2 | ASHTEAD CAPITAL INC 4.00000 05/01/2028 | US | 1,780,000 | $1,890,609.20 | |
| 05401AAG6 | AVOLON HOLDINGS FNDG LTD 4.37500 05/01/2026 | KY | 1,900,000 | $2,058,260.08 | |
| 06051GFM6 | BANK OF AMERICA CORP 4.00000 01/22/2025 | US | 2,500,000 | $2,809,203.78 | |
| 09857LAP3 | BOOKING HOLDINGS INC 4.10000 04/13/2025 | US | 3,750,000 | $4,252,838.21 | |
| 12530MAB1 | SORT 2020-1 A2 1.99000 07/15/2060 | US | 712,778.68 | $721,879.51 | |
| 12530MAC9 | SORT 2020-1 B1 2.28000 07/15/2060 | US | 2,242,790.27 | $2,277,484.22 | |
| 12646LAA6 | CSMC 2012-CIM3 A1 2.50000 11/25/2042 | US | 606,139.12 | $620,272.34 | |
| 12647PAK4 | CSMC 2013-7 A6 3.50000 08/25/2043 | US | 634,431.87 | $647,958.21 | |
| 133131AZ5 | CAMDEN PROPERTY TRUST 2.80000 05/15/2030 | US | 3,200,000 | $3,553,788.86 | |
| 172967KA8 | CITIGROUP INCA 4.45000 09/29/2027 | US | 2,940,000 | $3,475,486.25 | |
| 20030NCY5 | COMCAST CORP 3.25000 11/01/2039 | US | 4,120,000 | $4,677,789.95 | |
| 20267WAA3 | CBSLT 2020-AGS A 1.98000 08/25/2050 | US | 1,560,567.03 | $1,597,640.64 | |
| 22534BAA2 | CAALT 2018-1A A MTGE 3.01000 02/16/2027 | US | 69,156.76 | $69,214.60 | |
| 22536BAA0 | CAALT 2020-3A A 1.24000 10/15/2029 | US | 1,600,000 | $1,617,757.12 | |
| 22822VAK7 | CROWN CASTLE INTL CORP 3.80000 02/15/2028 | US | 3,120,000 | $3,595,883.62 | |
| 22822VAN1 | CROWN CASTLE INTL CORP 3.10000 11/15/2029 | US | 1,105,000 | $1,217,637.01 | |
| 24703NAC3 | DEFT 2020-1 A3 2.24000 02/22/2023 | US | 2,000,000 | $2,055,278.60 | |
| 25746UDG1 | DOMINION ENERGY 3.37500 04/01/2030 | US | 2,460,000 | $2,802,173.38 | |
| 29273RAR0 | ENERGY TRANSFER OPERATNG 6.50000 02/01/2042 | US | 3,920,000 | $4,782,344.18 | |
| 29373EAC1 | EFF 2017-3 A3 2.36000 05/20/2023 | US | 712,855.89 | $719,020.10 | |
| 30212PAM7 | EXPEDIA GROUP INC 5.00000 02/15/2026 | US | 1,300,000 | $1,456,413.96 | |
| 30212PAS4 | EXPEDIA GROUP INC 6.25000 05/01/2025 | US | 1,620,000 | $1,877,742.96 | |
| 30286XAN9 | FREMF 2015-K43 B FLT 3.73274 02/25/2048 | US | 400,000 | $436,880.72 | |
| 30291XAE2 | FREMF 2014-K715 B FLT 3.97160 02/25/2046 | US | 465,000 | $464,570.06 | |
| 3137FEBQ2 | FHMS K072 A2 MTGE 3.44400 12/25/2027 | US | 1,000,000 | $1,162,235.90 | |
| 3137FRUV1 | FHMS K106 X1 MTGE 1.35478 01/25/2030 | US | 15,983,836.14 | $1,706,279.30 | |
| 357081AE8 | FREMF 2015-K720 B FLT 3.39339 07/25/2022 | US | 2,500,000 | $2,583,461.25 | |
| 36257MAA3 | GSMS 2019-70P A 1.15900 10/15/2036 | US | 1,500,000 | $1,462,379.85 | |
| 36258VAE4 | GMCAR 2020-2 A4 MTGE 1.74000 08/18/2025 | US | 1,500,000 | $1,555,138.20 | |
| 36258WAS1 | GSMBS 2020-PJ3 A14 3.00000 10/25/2050 | US | 804,413.73 | $826,240.69 | |
| 369604BQ5 | GENERAL ELECTRIC CO 5.00000 01/21/2021 | US | 3,010,000 | $2,800,052.50 | |
| 38217TAA3 | GOODG 2020-1A MTGE 2.63000 04/15/2055 | US | 1,269,807.35 | $1,288,846.46 | |
| 404119BX6 | HCA INC 4.12500 06/15/2029 | US | 2,080,000 | $2,412,969.71 | |
| 419792ZN9 | HAWAII ST 1.11200 10/01/2026 | US | 1,900,000 | $1,935,644.00 | |
| 419792ZZ2 | HAWAII ST 2.63200 10/01/2030 | US | 2,240,000 | $2,335,670.40 | |
| 46187BAA1 | IHSFR 2017-SFR2 A 1.00300 12/17/2036 | US | 1,799,122.61 | $1,794,734.19 | |
| 464288620 | ISHARES BROAD USD INVESTMENT 1.74600 | US | 87,415 | $5,417,107.55 | |
| 46590TAE5 | JPMDB 2017-C5 A5 3.69390 03/15/2050 | US | 1,496,000 | $1,705,790.51 | |
| 46647PBP0 | JPMORGAN CHASE & CO 2.95600 05/13/2031 | US | 4,310,000 | $4,726,307.17 | |
| 46649HAE2 | JPMMT 2017-6 A5 3.50000 12/25/2048 | US | 88,349.04 | $88,607.76 | |
| 46650RAA4 | JPMCC 2019-ICON 3.88370 01/05/2034 | US | 2,000,000 | $2,093,975.80 | |
| 494550AW6 | KINDER MORGAN ENER PART 6.95000 01/15/2038 | US | 3,430,000 | $4,693,302.07 | |
| 61764PBU5 | MSBAM 2014-C19 A4 MTGE 3.52600 12/15/2047 | US | 965,361 | $1,057,575.66 | |
| 61767FBA8 | MSC 2016-UB11 A4 MTGE 2.78200 08/15/2049 | US | 500,000 | $538,321.05 | |
| 61767YAZ3 | MSC 2018-H3 A5 4.17700 07/15/2051 | US | 1,000,000 | $1,192,804.10 | |
| 61770YAA3 | MSC 2020-CNP A 2.42760 04/05/2042 | US | 1,000,000 | $1,054,648.70 | |
| 63939RAA2 | NAVSL 2017-2A A FLT 1.19800 12/27/2066 | US | 2,124,637.98 | $2,151,241.00 | |
| 63941HAA0 | NAVSL 2020-DA A 1.69000 05/15/2069 | US | 1,592,081.8 | $1,622,239.01 | |
| 64032XAA3 | NSLT 2012-3A A MTGE FLT 0.84800 02/25/2045 | US | 1,213,401.9 | $1,198,135.24 | |
| 64971XPG7 | NEW YORK CITY NY TRANSITIONALFIN 1.58000 05/01/2024 | US | 985,000 | $1,014,756.85 | |
| 654106AM5 | NIKE INC 3.37500 03/27/2050 | US | 1,490,000 | $1,843,341.77 | |
| 66981FAA8 | ASMR 2020- SFR4 A 1.35500 11/17/2037 | US | 1,425,000 | $1,437,055.50 | |
| 691205AE8 | OWL ROCK TECHNOLOGY 3.75000 06/17/2026 | US | 1,890,000 | $1,900,258.67 | |
| 69145AAB4 | OXFIN 2019-1A A2 4.45900 02/15/2027 | US | 1,600,000 | $1,655,398.72 | |
| 717081EW9 | PFIZER INC 2.62500 04/01/2030 | US | 1,470,000 | $1,640,738.25 | |
| 741503AZ9 | BOOKING HOLDINGS INC 3.60000 06/01/2026 | US | 1,200,000 | $1,363,866.28 | |
| 74333LAA4 | PROG 2020-SFR2 A 2.07800 06/17/2037 | US | 500,000 | $512,688.40 | |
| 78403DAR1 | SBA TOWER TRUST 2.32800 01/15/2028 | US | 1,400,000 | $1,411,084.50 | |
| 78446JAB2 | SLMA 2011-2 A2 MTGE 1.34800 10/25/2034 | US | 880,000 | $893,067.74 | |
| 78448CAG4 | SLMA 2013-6 A3 FLT 0.79800 06/25/2055 | US | 1,829,762.64 | $1,808,649.92 | |
| 785592AV8 | SABINE PASS LIQUEFACTION 5.87500 06/30/2026 | US | 4,050,000 | $4,896,864.48 | |
| 80281GAB2 | SRT 2019-B A2A MTGE 2.29000 04/20/2022 | US | 746,992.97 | $751,243.29 | |
| 80285JAC0 | SRT 2019-A A2 MTGE 2.72000 01/20/2022 | US | 320,086.72 | $320,709.86 | |
| 81745AAA5 | SEMT 2013-5 A1 MTGE 2.50000 05/25/2043 | US | 1,077,672.5 | $1,104,318.06 | |
| 83189DAB6 | SMB 2017-B A2A MTGE 2.82000 10/15/2035 | US | 339,155.06 | $351,725.10 | |
| 83189DAC4 | SMB 2017-B A2B FLT 0.90863 10/15/2035 | US | 1,706,011.35 | $1,705,633.47 | |
| 83401BAB2 | SOFI 2017-F A2FX 2.84000 01/25/2041 | US | 1,780,046.16 | $1,819,453.18 | |
| 83404RAB4 | SOFI 2018-B A2FX MTGE 3.34000 08/25/2047 | US | 482,422.44 | $496,530.45 | |
| 837151XH7 | SOUTH CAROLINA ST PUBLIC SVC 2.32900 12/01/2028 | US | 1,355,000 | $1,417,668.75 | |
| 844741BK3 | SOUTHWEST AIRLINES CO 5.12500 06/15/2027 | US | 3,100,000 | $3,687,805.79 | |
| 86212VAD6 | STR 2018-1A A1 3.96000 10/20/2048 | US | 1,435,515.87 | $1,499,651.99 | |
| 875301HQ9 | TAMPA-HILLSBOROUGH CNTY FL 1.89200 07/01/2029 | US | 1,000,000 | $1,001,170.00 | |
| 88032WAN6 | TENCENT HOLDINGS 3.97500 04/11/2029 | KY | 3,230,000 | $3,680,203.05 | |
| 89237JAA4 | TALNT 2020-1A A 1.35000 05/25/2033 | US | 2,500,000 | $2,574,217.75 | |
| 89613FAA6 | TAH 2017-SFR2 A 2.92800 01/17/2036 | US | 1,239,681.16 | $1,278,000.82 | |
| 89613GAA4 | TAH 2020-SFR1 A 1.49900 07/17/2038 | US | 1,400,000 | $1,414,916.16 | |
| 90276WAS6 | UBSCM 2017-C4 3.67900 12/15/2050 | US | 1,000,000 | $1,148,984.20 | |
| 91823AAN1 | VBTOW 2020-1A C2 3.03100 06/15/2050 | US | 775,000 | $811,916.43 | |
| 92212KAB2 | VDC 2020-1A A2 1.64500 09/15/2045 | US | 1,750,000 | $1,761,993.45 | |
| 92343VCV4 | VERIZON COMMUNICATIONS 4.27200 01/15/2036 | US | 4,430,000 | $5,494,442.39 | |
| 92826CAK8 | VISA INC 2.70000 04/15/2040 | US | 3,470,000 | $3,787,961.31 | |
| 928668BE1 | VOLKSWAGEN GROUP AMERICA 3.35000 05/13/2025 | US | 2,150,000 | $2,363,613.36 | |
| 94989NBE6 | WFCM 2015-C30 A4 3.66400 09/15/2058 | US | 1,500,000 | $1,681,438.50 | |
| 94989XBC8 | WFCM 2015-NXS4 3.71800 12/15/2048 | US | 1,000,000 | $1,126,805.10 | |
| 96949LAD7 | WILLIAMS PARTNERS LP 3.75000 06/15/2027 | US | 3,300,000 | $3,765,420.71 | |
| USD | US DOLLAR | US | 5,987,934.76 | $5,987,934.76 |
Investments will change over time.
All investments involve risks, including possible loss of principal. There is an inverse relationship between bond prices and interest rates; as interest rates rise, bond prices (and therefore the value of bond funds) fall. Likewise, as interest rates fall, bond prices and the value of bond funds rise. Investments in 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.
$10.54
$0.01
0.09%
as of 01/15/2021
MCDWX
56382R464
04/14/2020
The Series is offered exclusively to discretionary investment accounts and other funds managed by the Advisor.
| Summary Prospectus | |
| Prospectus | |
| Statement of Additional Information | |
| Annual Report | |
| Semi-Annual Report | |
| Fact Sheet | --- |
| Applications & Forms |
To provide long-term total return.
Under normal circumstances, at least 80% of the Series’ assets will be invested in U.S. dollar denominated credit-related instruments and other financial instruments, principally derivative instruments and exchange-traded funds (ETFs), with economic characteristics similar to credit-related instruments. The Series will principally invest in investment grade securities, and is not subject to maturity or duration restrictions.
As of 12/31/2020
---
---
---
---
---
8.77%
Performance data quoted represents past performance and does not guarantee future results. Performance for periods greater than one year is annualized. The investment return and principal value of an investment will fluctuate, so that an investor’s shares, when redeemed, may be worth more or less than their original cost. Current performance may be higher or lower than that quoted.
| Gross | 0.32% |
| Net | 0.07%* |
*Reflects the Advisor's contractual agreement to limit its fees and reimburse certain expenses, including the management fee. The contractual waiver may not be amended or terminated without the prior approval of the Fund's Board of Directors. The Class W shares are only available to discretionary investment accounts and other accounts managed by the Advisor. These clients pay a management fee to the Advisor that is separate from the fund's expenses.
As of 12/31/2020
| VERIZON COMMUNICATIONS 4.27200 01/15/2036 | 2.98% |
| ISHARES BROAD USD INVESTMENT 1.74600 | 2.93% |
| ALIBABA GROUP HOLDING 3.40000 12/06/2027 | 2.83% |
| SABINE PASS LIQUEFACTION 5.87500 06/30/2026 | 2.65% |
| ENERGY TRANSFER OPERATNG 6.50000 02/01/2042 | 2.59% |
| AMERICAN TOWER CORP 3.80000 08/15/2029 | 2.58% |
| JPMORGAN CHASE & CO 2.95600 05/13/2031 | 2.56% |
| KINDER MORGAN ENER PART 6.95000 01/15/2038 | 2.54% |
| COMCAST CORP 3.25000 11/01/2039 | 2.53% |
| AERCAP IRELAND CAP / GLOBA 4.45000 10/01/2025 | 2.44% |
Top Ten Investments list is unaudited and excludes cash
As of 12/31/2020
| Cash | 3.14% | |
| Corporate | 57.21% | |
| Mortgage | 32.77% | |
| Other | 6.88% |
As of 12/31/2020
| AAA | 26.65% | |
| AA | 5.85% | |
| A | 22.04% | |
| BBB | 38.35% | |
| NR | 7.11% |
Credit quality ratings are measured on a scale that generally ranges from AAA (highest) to D (lowest). Not Rated (NR) is used to classify securities for which a rating is not available. Credit quality ratings for each issue are obtained from Bloomberg using ratings derived from Moody’s Investors Services (Moody’s) or Standard & Poor’s. When ratings from Moody’s are not available, ratings from Standard & Poor’s are used.
As of 12/31/2020
| CUSIP | Security Description | Country | Ticker | Shares/Par | Market Value (USD) |
|---|---|---|---|---|---|
| 00206RDQ2 | AT&T INC 4.25000 03/01/2027 | US | 1,600,000 | $1,871,573.10 | |
| 00774MAG0 | AERCAP IRELAND CAP / GLOBA 4.45000 10/01/2025 | IE | 4,040,000 | $4,500,063.61 | |
| 00912XAV6 | AIR LEASE CORP 3.62500 04/01/2027 | US | 3,000,000 | $3,215,076.18 | |
| 00914AAB8 | AIR LEASE CORP 3.75000 06/01/2026 | US | 510,000 | $560,988.40 | |
| 01609WAT9 | ALIBABA GROUP HOLDING 3.40000 12/06/2027 | KY | 4,670,000 | $5,228,071.30 | |
| 03027XAW0 | AMERICAN TOWER CORP 3.80000 08/15/2029 | US | 4,090,000 | $4,755,187.91 | |
| 045054AJ2 | ASHTEAD CAPITAL INC 4.00000 05/01/2028 | US | 1,780,000 | $1,890,609.20 | |
| 05401AAG6 | AVOLON HOLDINGS FNDG LTD 4.37500 05/01/2026 | KY | 1,900,000 | $2,058,260.08 | |
| 06051GFM6 | BANK OF AMERICA CORP 4.00000 01/22/2025 | US | 2,500,000 | $2,809,203.78 | |
| 09857LAP3 | BOOKING HOLDINGS INC 4.10000 04/13/2025 | US | 3,750,000 | $4,252,838.21 | |
| 12530MAB1 | SORT 2020-1 A2 1.99000 07/15/2060 | US | 712,778.68 | $721,879.51 | |
| 12530MAC9 | SORT 2020-1 B1 2.28000 07/15/2060 | US | 2,242,790.27 | $2,277,484.22 | |
| 12646LAA6 | CSMC 2012-CIM3 A1 2.50000 11/25/2042 | US | 606,139.12 | $620,272.34 | |
| 12647PAK4 | CSMC 2013-7 A6 3.50000 08/25/2043 | US | 634,431.87 | $647,958.21 | |
| 133131AZ5 | CAMDEN PROPERTY TRUST 2.80000 05/15/2030 | US | 3,200,000 | $3,553,788.86 | |
| 172967KA8 | CITIGROUP INCA 4.45000 09/29/2027 | US | 2,940,000 | $3,475,486.25 | |
| 20030NCY5 | COMCAST CORP 3.25000 11/01/2039 | US | 4,120,000 | $4,677,789.95 | |
| 20267WAA3 | CBSLT 2020-AGS A 1.98000 08/25/2050 | US | 1,560,567.03 | $1,597,640.64 | |
| 22534BAA2 | CAALT 2018-1A A MTGE 3.01000 02/16/2027 | US | 69,156.76 | $69,214.60 | |
| 22536BAA0 | CAALT 2020-3A A 1.24000 10/15/2029 | US | 1,600,000 | $1,617,757.12 | |
| 22822VAK7 | CROWN CASTLE INTL CORP 3.80000 02/15/2028 | US | 3,120,000 | $3,595,883.62 | |
| 22822VAN1 | CROWN CASTLE INTL CORP 3.10000 11/15/2029 | US | 1,105,000 | $1,217,637.01 | |
| 24703NAC3 | DEFT 2020-1 A3 2.24000 02/22/2023 | US | 2,000,000 | $2,055,278.60 | |
| 25746UDG1 | DOMINION ENERGY 3.37500 04/01/2030 | US | 2,460,000 | $2,802,173.38 | |
| 29273RAR0 | ENERGY TRANSFER OPERATNG 6.50000 02/01/2042 | US | 3,920,000 | $4,782,344.18 | |
| 29373EAC1 | EFF 2017-3 A3 2.36000 05/20/2023 | US | 712,855.89 | $719,020.10 | |
| 30212PAM7 | EXPEDIA GROUP INC 5.00000 02/15/2026 | US | 1,300,000 | $1,456,413.96 | |
| 30212PAS4 | EXPEDIA GROUP INC 6.25000 05/01/2025 | US | 1,620,000 | $1,877,742.96 | |
| 30286XAN9 | FREMF 2015-K43 B FLT 3.73274 02/25/2048 | US | 400,000 | $436,880.72 | |
| 30291XAE2 | FREMF 2014-K715 B FLT 3.97160 02/25/2046 | US | 465,000 | $464,570.06 | |
| 3137FEBQ2 | FHMS K072 A2 MTGE 3.44400 12/25/2027 | US | 1,000,000 | $1,162,235.90 | |
| 3137FRUV1 | FHMS K106 X1 MTGE 1.35478 01/25/2030 | US | 15,983,836.14 | $1,706,279.30 | |
| 357081AE8 | FREMF 2015-K720 B FLT 3.39339 07/25/2022 | US | 2,500,000 | $2,583,461.25 | |
| 36257MAA3 | GSMS 2019-70P A 1.15900 10/15/2036 | US | 1,500,000 | $1,462,379.85 | |
| 36258VAE4 | GMCAR 2020-2 A4 MTGE 1.74000 08/18/2025 | US | 1,500,000 | $1,555,138.20 | |
| 36258WAS1 | GSMBS 2020-PJ3 A14 3.00000 10/25/2050 | US | 804,413.73 | $826,240.69 | |
| 369604BQ5 | GENERAL ELECTRIC CO 5.00000 01/21/2021 | US | 3,010,000 | $2,800,052.50 | |
| 38217TAA3 | GOODG 2020-1A MTGE 2.63000 04/15/2055 | US | 1,269,807.35 | $1,288,846.46 | |
| 404119BX6 | HCA INC 4.12500 06/15/2029 | US | 2,080,000 | $2,412,969.71 | |
| 419792ZN9 | HAWAII ST 1.11200 10/01/2026 | US | 1,900,000 | $1,935,644.00 | |
| 419792ZZ2 | HAWAII ST 2.63200 10/01/2030 | US | 2,240,000 | $2,335,670.40 | |
| 46187BAA1 | IHSFR 2017-SFR2 A 1.00300 12/17/2036 | US | 1,799,122.61 | $1,794,734.19 | |
| 464288620 | ISHARES BROAD USD INVESTMENT 1.74600 | US | 87,415 | $5,417,107.55 | |
| 46590TAE5 | JPMDB 2017-C5 A5 3.69390 03/15/2050 | US | 1,496,000 | $1,705,790.51 | |
| 46647PBP0 | JPMORGAN CHASE & CO 2.95600 05/13/2031 | US | 4,310,000 | $4,726,307.17 | |
| 46649HAE2 | JPMMT 2017-6 A5 3.50000 12/25/2048 | US | 88,349.04 | $88,607.76 | |
| 46650RAA4 | JPMCC 2019-ICON 3.88370 01/05/2034 | US | 2,000,000 | $2,093,975.80 | |
| 494550AW6 | KINDER MORGAN ENER PART 6.95000 01/15/2038 | US | 3,430,000 | $4,693,302.07 | |
| 61764PBU5 | MSBAM 2014-C19 A4 MTGE 3.52600 12/15/2047 | US | 965,361 | $1,057,575.66 | |
| 61767FBA8 | MSC 2016-UB11 A4 MTGE 2.78200 08/15/2049 | US | 500,000 | $538,321.05 | |
| 61767YAZ3 | MSC 2018-H3 A5 4.17700 07/15/2051 | US | 1,000,000 | $1,192,804.10 | |
| 61770YAA3 | MSC 2020-CNP A 2.42760 04/05/2042 | US | 1,000,000 | $1,054,648.70 | |
| 63939RAA2 | NAVSL 2017-2A A FLT 1.19800 12/27/2066 | US | 2,124,637.98 | $2,151,241.00 | |
| 63941HAA0 | NAVSL 2020-DA A 1.69000 05/15/2069 | US | 1,592,081.8 | $1,622,239.01 | |
| 64032XAA3 | NSLT 2012-3A A MTGE FLT 0.84800 02/25/2045 | US | 1,213,401.9 | $1,198,135.24 | |
| 64971XPG7 | NEW YORK CITY NY TRANSITIONALFIN 1.58000 05/01/2024 | US | 985,000 | $1,014,756.85 | |
| 654106AM5 | NIKE INC 3.37500 03/27/2050 | US | 1,490,000 | $1,843,341.77 | |
| 66981FAA8 | ASMR 2020- SFR4 A 1.35500 11/17/2037 | US | 1,425,000 | $1,437,055.50 | |
| 691205AE8 | OWL ROCK TECHNOLOGY 3.75000 06/17/2026 | US | 1,890,000 | $1,900,258.67 | |
| 69145AAB4 | OXFIN 2019-1A A2 4.45900 02/15/2027 | US | 1,600,000 | $1,655,398.72 | |
| 717081EW9 | PFIZER INC 2.62500 04/01/2030 | US | 1,470,000 | $1,640,738.25 | |
| 741503AZ9 | BOOKING HOLDINGS INC 3.60000 06/01/2026 | US | 1,200,000 | $1,363,866.28 | |
| 74333LAA4 | PROG 2020-SFR2 A 2.07800 06/17/2037 | US | 500,000 | $512,688.40 | |
| 78403DAR1 | SBA TOWER TRUST 2.32800 01/15/2028 | US | 1,400,000 | $1,411,084.50 | |
| 78446JAB2 | SLMA 2011-2 A2 MTGE 1.34800 10/25/2034 | US | 880,000 | $893,067.74 | |
| 78448CAG4 | SLMA 2013-6 A3 FLT 0.79800 06/25/2055 | US | 1,829,762.64 | $1,808,649.92 | |
| 785592AV8 | SABINE PASS LIQUEFACTION 5.87500 06/30/2026 | US | 4,050,000 | $4,896,864.48 | |
| 80281GAB2 | SRT 2019-B A2A MTGE 2.29000 04/20/2022 | US | 746,992.97 | $751,243.29 | |
| 80285JAC0 | SRT 2019-A A2 MTGE 2.72000 01/20/2022 | US | 320,086.72 | $320,709.86 | |
| 81745AAA5 | SEMT 2013-5 A1 MTGE 2.50000 05/25/2043 | US | 1,077,672.5 | $1,104,318.06 | |
| 83189DAB6 | SMB 2017-B A2A MTGE 2.82000 10/15/2035 | US | 339,155.06 | $351,725.10 | |
| 83189DAC4 | SMB 2017-B A2B FLT 0.90863 10/15/2035 | US | 1,706,011.35 | $1,705,633.47 | |
| 83401BAB2 | SOFI 2017-F A2FX 2.84000 01/25/2041 | US | 1,780,046.16 | $1,819,453.18 | |
| 83404RAB4 | SOFI 2018-B A2FX MTGE 3.34000 08/25/2047 | US | 482,422.44 | $496,530.45 | |
| 837151XH7 | SOUTH CAROLINA ST PUBLIC SVC 2.32900 12/01/2028 | US | 1,355,000 | $1,417,668.75 | |
| 844741BK3 | SOUTHWEST AIRLINES CO 5.12500 06/15/2027 | US | 3,100,000 | $3,687,805.79 | |
| 86212VAD6 | STR 2018-1A A1 3.96000 10/20/2048 | US | 1,435,515.87 | $1,499,651.99 | |
| 875301HQ9 | TAMPA-HILLSBOROUGH CNTY FL 1.89200 07/01/2029 | US | 1,000,000 | $1,001,170.00 | |
| 88032WAN6 | TENCENT HOLDINGS 3.97500 04/11/2029 | KY | 3,230,000 | $3,680,203.05 | |
| 89237JAA4 | TALNT 2020-1A A 1.35000 05/25/2033 | US | 2,500,000 | $2,574,217.75 | |
| 89613FAA6 | TAH 2017-SFR2 A 2.92800 01/17/2036 | US | 1,239,681.16 | $1,278,000.82 | |
| 89613GAA4 | TAH 2020-SFR1 A 1.49900 07/17/2038 | US | 1,400,000 | $1,414,916.16 | |
| 90276WAS6 | UBSCM 2017-C4 3.67900 12/15/2050 | US | 1,000,000 | $1,148,984.20 | |
| 91823AAN1 | VBTOW 2020-1A C2 3.03100 06/15/2050 | US | 775,000 | $811,916.43 | |
| 92212KAB2 | VDC 2020-1A A2 1.64500 09/15/2045 | US | 1,750,000 | $1,761,993.45 | |
| 92343VCV4 | VERIZON COMMUNICATIONS 4.27200 01/15/2036 | US | 4,430,000 | $5,494,442.39 | |
| 92826CAK8 | VISA INC 2.70000 04/15/2040 | US | 3,470,000 | $3,787,961.31 | |
| 928668BE1 | VOLKSWAGEN GROUP AMERICA 3.35000 05/13/2025 | US | 2,150,000 | $2,363,613.36 | |
| 94989NBE6 | WFCM 2015-C30 A4 3.66400 09/15/2058 | US | 1,500,000 | $1,681,438.50 | |
| 94989XBC8 | WFCM 2015-NXS4 3.71800 12/15/2048 | US | 1,000,000 | $1,126,805.10 | |
| 96949LAD7 | WILLIAMS PARTNERS LP 3.75000 06/15/2027 | US | 3,300,000 | $3,765,420.71 | |
| USD | US DOLLAR | US | 5,987,934.76 | $5,987,934.76 |
Investments will change over time.
All investments involve risks, including possible loss of principal. There is an inverse relationship between bond prices and interest rates; as interest rates rise, bond prices (and therefore the value of bond funds) fall. Likewise, as interest rates fall, bond prices and the value of bond funds rise. Investments in 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.
© Manning & Napier | Privacy Policy | California Consumer Privacy Act | Legal Disclaimer | Business Continuity | Whistleblower Policy | Form CRS
Loading...