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Pro-Blend® Moderate Term Series
Pro-Blend® Moderate Term Series
Pro-Blend® Conservative Term Series
Pro-Blend® Extended Term Series
Pro-Blend® Maximum Term Series
Pro-Blend® Moderate Term Series
Strategic Income Conservative Series
Strategic Income Moderate Series
Target 2015 Series
Target 2020 Series
Target 2025 Series
Target 2030 Series
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Target 2045 Series
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Target Income Series
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 stocks, bonds, alternatives, and cash 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 Risk-Based Funds
Risk-based funds offer professional management and asset allocation through a choice of investment objectives that range from fairly aggressive to fairly conservative. All an investor has to do is determine which objective best suits his or her current risk tolerance and investment time horizon, then decide when to move to a different objective as his or her personal situation changes over the years.
Time Horizon & Range of Stock Exposure
| Conservative Term | Moderate Term | Extended Term | Maximum Term |
| 0-5 Years | 3-10 Years | 15+ Years | 7-20 Years |
| 15-45% | 20-60% | 40-70% | 70-95% |
Generally, the longer your time horizon, the more aggressive your investment objective can be. Greater stock exposure is typically associated with higher return potential and higher capital risk.
Daily Price
$10.14
Daily $ Change
$0.00
Daily % Change
0.00%
as of 07/19/2018
Ticker
MNMIX
CUSIP
56382P682
Inception Date
03/28/2008
Investment Minimum
$1,000,000.00
Investment minimum may be waived for certain qualified retirement plans and discretionary investment accounts of the Advisor.
Important Documents
| Summary Prospectus | |
| Prospectus | |
| Statement of Additional Information | |
| Annual Report | |
| Semi-Annual Report | |
| Fact Sheet | |
| Applications & Forms | |
| XBRL-3/20/18 |
Performance
As of 06/30/2018
YTD
0.59%
1 Year
4.57%
3 Year
3.62%
5 Year
4.76%
10 Year
5.38%
Inception
(09/15/1993)
6.60%
US Stock Market Cycle (04/01/2000 - 06/30/2018)
5.95%
Inception performance is based on the Pro-Blend® Moderate Term Series Class S inception of 09/15/1993. For periods through 03/28/2008 (the inception date of the Class I shares), performance for the Class I shares is based on the historical performance of the Class S shares. Because the Class I shares invest in the same portfolio of securities as the Class S shares, performance will be different only to the extent that the Class S shares have a higher expense ratio. 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.
Expense Ratio
| Gross | 0.83% |
Top Ten Investments
As of 06/30/2018
| TREASURY NOTES | 13.34% |
| GOVERNMENT AGENCY | 7.11% |
| TREASURY BONDS | 5.53% |
| FACEBOOK INC -A | 1.91% |
| TREASURY BILLS | 1.54% |
| INCYTE CORP | 1.51% |
| BOOKING HOLDINGS INC | 1.29% |
| REGENERON PHARMACEUTICALS INC | 1.19% |
| QORVO INC | 1.12% |
| ANHEUSER-BUSCH INBEV SA/NV | 1.11% |
This investment list is unaudited and excludes cash.
Asset Allocation
As of 06/30/2018
| Bonds | 60.61% |
| Stocks | 38.60% |
| Cash | 0.79% |
Detailed Asset Class Allocation
As of 06/30/2018
| International Equities | 11.98% |
| Small Capitalization | 0.64% |
| Mid Capitalization | 2.64% |
| Large Capitalization | 23.35% |
| Long Term Fixed Income | 17.21% |
| Intermediate Term Fixed Income | 28.72% |
| Short Term Fixed Income | 14.67% |
| Cash | 0.79% |
Due to rounding, the sum of the detailed asset class allocation categories may not equal the asset allocation totals provided above.
June Fund Holdings
As of 06/30/2018
| CUSIP | Security Description | Country | Ticker | Shares/Par | Market Value (USD) |
|---|---|---|---|---|---|
| 00163UAB2 | AMAG PHARMACEUTICALS INC 7.87500 09/01/2023 | US | 195,000 | $206,821.88 | |
| 00206RDQ2 | AT&T INC 4.25000 03/01/2027 | US | 3,030,000 | $2,965,505.84 | |
| 00254EML3 | SWEDISH EXPORT CREDIT 1.12500 08/28/2019 | SE | 3,200,000 | $3,146,880.00 | |
| 00289XAA7 | ABENGOA YIELD PLC 7.00000 11/15/2019 | GB | 445,000 | $460,575.00 | |
| 004239109 | ACADIA REALTY TRUST | US | AKR | 2,730 | $74,720.10 |
| 0045614 | ANTOFAGASTA PLC | GB | ANTO LN | 17,015 | $221,062.18 |
| 0053673 | ASHTEAD GROUP PLC | GB | AHT LN | 6,960 | $207,264.03 |
| 008492100 | AGREE REALTY CORP | US | ADC | 1,435 | $75,724.95 |
| 00928QAK7 | AIRCASTLE LTD 6.25000 12/01/2019 | BM | 100,000 | $103,433.00 | |
| 015271109 | ALEXANDRIA REAL EST EQUITIES | US | ARE | 435 | $54,883.95 |
| 01609W102 | ALIBABA GROUP - ADR | CN | BABA | 20,185 | $3,744,923.05 |
| 01609WAT9 | ALIBABA GROUP HOLDING 3.40000 12/06/2027 | KY | 5,050,000 | $4,705,278.42 | |
| 01748XAA0 | ALLEGIANT TRAVEL CO 5.50000 07/15/2019 | US | 182,000 | $182,910.00 | |
| 02005NAT7 | ALLY FINANCIAL INC 3.50000 01/27/2019 | US | 160,000 | $159,800.00 | |
| 02079K107 | ALPHABET INC-CL C | US | GOOG | 2,190 | $2,443,273.50 |
| 02079K305 | ALPHABET INC-CL A | US | GOOGL | 2,180 | $2,461,634.20 |
| 02155FAC9 | ALTICE US FINANCE I CORP 5.50000 05/15/2026 | US | 200,000 | $193,000.00 | |
| 023135106 | AMAZON.COM INC | US | AMZN | 760 | $1,291,848.00 |
| 02319V103 | AMBEV SA-ADR | BR | ABEV | 747,346 | $3,460,211.98 |
| 0237400 | DIAGEO PLC | GB | DGE LN | 140,838 | $5,059,726.71 |
| 024835100 | AMERICAN CAMPUS COMMUNITIES | US | ACC | 2,800 | $120,064.00 |
| 0263494 | BAE SYSTEMS PLC | GB | BA/ LN | 12,065 | $102,640.58 |
| 02665T306 | AMERICAN HOMES 4 RENT- A | US | AMH | 10,960 | $243,092.80 |
| 02666TAA5 | AMERICAN HOMES 4 RENT 4.25000 02/15/2028 | US | 3,270,000 | $3,131,574.56 | |
| 03027X100 | AMERICAN TOWER REIT INC | US | AMT | 8,595 | $1,239,141.15 |
| 03063NAA5 | AMERICOLD LLC TRUST 3.84730 01/14/2029 | US | 127,584.62 | $128,736.99 | |
| 03064D108 | AMERICOLD REALTY TRUST | US | COLD | 1,995 | $43,929.90 |
| 03748R101 | APARTMENT INVT & MGMT CO -A | US | AIV | 3,925 | $166,027.50 |
| 03784Y200 | APPLE HOSPITALITY REIT INC | US | APLE | 5,410 | $96,730.80 |
| 03969AAL4 | ARDAGH PKG FIN/HLDGS USA 6.00000 02/15/2025 | IE | 200,000 | $194,750.00 | |
| 0405207 | HALMA PLC | GB | HLMA LN | 5,530 | $99,574.74 |
| 04621WAC4 | ASSURED GUARANTY US HLDG 5.00000 07/01/2024 | US | 3,540,000 | $3,699,247.01 | |
| 0490656 | KERRY GROUP PLC-A | IE | KYGA LN | 2,110 | $220,410.25 |
| 053484101 | AVALONBAY COMMUNITIES INC | US | AVB | 2,430 | $417,692.70 |
| 05582QAD9 | BMWOT 2016-A A3 1.16000 11/25/2020 | US | 1,839,186.61 | $1,823,044.25 | |
| 05604LAA0 | BWAY 2015-1740 A 2.91700 01/10/2035 | US | 2,809,000 | $2,668,415.17 | |
| 058498106 | BALL CORP | US | BLL | 113,660 | $4,040,613.00 |
| 06051GFM6 | BANK OF AMERICA CORP 4.00000 01/22/2025 | US | 4,810,000 | $4,748,203.24 | |
| 09061G101 | BIOMARIN PHARMACEUTICAL INC | US | BMRN | 55,000 | $5,181,000.00 |
| 09062X103 | BIOGEN IDEC INC | US | BIIB | 8,140 | $2,362,553.60 |
| 0922320 | SMITH & NEPHEW PLC | GB | SN/ LN | 2,710 | $49,918.99 |
| 09247X101 | BLACKROCK INC | US | BLK | 8,820 | $4,401,532.80 |
| 0946580 | WEIR GROUP PLC/THE | GB | WEIR LN | 12,075 | $317,116.32 |
| 09627J102 | BLUEROCK RESIDENTIAL GROWTH | US | 6,210 | $55,393.20 | |
| 096630AE8 | BOARDWALK PIPELINES LP 5.95000 06/01/2026 | US | 4,420,000 | $4,739,805.17 | |
| 09857L108 | BOOKING HOLDINGS INC | US | BKNG | 3,800 | $7,702,942.00 |
| 101121101 | BOSTON PROPERTIES INC | US | BXP | 2,260 | $283,449.20 |
| 105368203 | BRANDYWINE REALTY TRUST | US | BDN | 13,435 | $226,782.80 |
| 110122108 | BRISTOL MYERS SQUIBB CO | US | BMY | 40,260 | $2,227,988.40 |
| 110448107 | BRITISH AMERICAN TOB-SP ADR | GB | BTI | 2,250 | $113,512.50 |
| 12467AAD0 | C&S GROUP ENTERPRISES 5.37500 07/15/2022 | US | 240,000 | $235,200.00 | |
| 1248EPBR3 | CCO HLDGS LLC/CAP CORP 5.50000 05/01/2026 | US | 135,000 | $130,909.50 | |
| 125269100 | CF INDUSTRIES HOLDINGS INC | US | CF | 85,255 | $3,785,322.00 |
| 12592BAB0 | CNH INDUSTRIAL CAPITAL L 3.37500 07/15/2019 | US | 3,180,000 | $3,182,544.00 | |
| 126307AH0 | CSC HOLDINGS LLC 5.25000 06/01/2024 | US | 346,000 | $326,970.00 | |
| 12646XAH5 | CSMC 2013-IVR3 A1 2.50000 05/25/2043 | US | 1,069,672.89 | $997,844.25 | |
| 12770QAA3 | CZR 2017-VICI A 3.53100 10/15/2034 | US | 1,850,000 | $1,854,816.48 | |
| 13321L108 | CAMECO CORP | CA | CCJ | 7,509 | $84,476.25 |
| 14912Y202 | CATCHMARK TIMBER TRUST INC | US | CTT | 15,375 | $195,723.75 |
| 149806AA9 | CAZ 2015-1A A 2.00000 12/10/2023 | US | 198,234.15 | $197,242.98 | |
| 156504AH5 | CENTURY COMMUNITIES 5.87500 07/15/2025 | US | 347,000 | $327,915.00 | |
| 16411QAA9 | CHENIERE ENERGY PARTNERS 5.25000 10/01/2025 | US | 240,000 | $234,108.00 | |
| 165183AL8 | CFII 2017-2A A1 1.99000 05/15/2029 | US | 3,715,618.94 | $3,677,623.76 | |
| 165240102 | CHESAPEAKE LODGING TRUST | US | CHSP | 2,790 | $88,275.60 |
| 172967EW7 | CITIGROUP INC 8.12500 07/15/2039 | US | 3,280,000 | $4,613,732.03 | |
| 19625JAA1 | CAH 2015-1A A 3.24638 07/17/2032 | US | 1,018,944.65 | $1,018,479.71 | |
| 19626G108 | COLONY CAPITAL INC | US | CLNY | 12,638 | $78,861.12 |
| 198287203 | COLUMBIA PROPERTY TRUST INC | US | CXP | 3,410 | $77,441.10 |
| 20369C106 | COMMUNITY HEALTHCARE TRUST I | US | CHCT | 4,145 | $123,811.15 |
| 2112226 | SAPUTO INC | CA | SAP CN | 1,470 | $48,808.05 |
| 2162760 | CAE INC | CA | CAE CN | 2,550 | $52,972.65 |
| 21871N101 | CORECIVIC INC | US | CXW | 12,060 | $288,113.40 |
| 21987BAK4 | CODELCO INC 5.62500 09/21/2035 | CL | 2,810,000 | $3,140,728.20 | |
| 222795106 | COUSINS PROPERTIES INC | US | CUZ | 23,395 | $226,697.55 |
| 22530LAA4 | CAALT 2017-1A A 2.56000 10/15/2025 | US | 1,320,000 | $1,312,588.60 | |
| 22663AAA7 | ORTHO-CLINICAL DIAGNOSTI 6.62500 05/15/2022 | US | 170,000 | $166,175.00 | |
| 22822V101 | CROWN CASTLE INTL CORP | US | CCI | 1,525 | $164,425.50 |
| 22944PAA5 | CSMC 2013-TH1 A1 2.13000 02/25/2043 | US | 750,634.52 | $696,818.53 | |
| 229663109 | CUBESMART | US | CUBE | 5,070 | $163,355.40 |
| 23311RAC0 | DCP MIDSTREAM OPERATING 9.75000 03/15/2019 | US | 95,000 | $98,918.75 | |
| 23331A109 | DR HORTON INC | US | DHI | 630 | $25,830.00 |
| 2347608 | FIRST QUANTUM MINERALS LTD | CA | FM CN | 2,475 | $36,466.55 |
| 23918K108 | DAVITA INC. | US | DVA | 57,635 | $4,002,174.40 |
| 23918KAR9 | DAVITA INC 5.00000 05/01/2025 | US | 251,000 | $236,253.75 | |
| 2392471 | GRUPO BIMBO SAB- SERIES A | MX | BIMBOA MM | 25,475 | $49,653.82 |
| 2434760 | MEXICHEM SAB DE CV | MX | MEXCHEM* MM | 39,110 | $112,996.15 |
| 25271C102 | DIAMOND OFFSHORE DRILLING | US | DO | 83,030 | $1,732,005.80 |
| 253868103 | DIGITAL REALTY TRUST INC | US | DLR | 3,125 | $348,687.50 |
| 25470DAT6 | DISCOVERY COMMUNICATIONS 5.20000 09/20/2047 | US | 3,280,000 | $3,181,418.39 | |
| 2554475 | MAGNA INTERNATIONAL INC | CA | MG CN | 770 | $44,783.17 |
| 2583952 | METRO INC | CA | MRU CN | 1,490 | $50,650.82 |
| 26151AAA7 | DRAX FINCO PLC 6.62500 11/01/2025 | GB | 250,000 | $248,750.00 | |
| 262006208 | DREYFUS GVT CSH MANAGEMENT | US | 4,778,053.69 | $4,778,053.69 | |
| 2639349 | GRUPO AEROPORT DEL SURESTE-B | MX | 6,065 | $96,348.61 | |
| 2643674 | GRUPO MEXICO SAB DE CV-SER | MX | GMEXICOB MM | 28,120 | $79,700.65 |
| 26780TAA5 | DYNAGAS LNG PARTNERS/FIN 6.25000 10/30/2019 | MH | 286,000 | $286,000.00 | |
| 269246401 | ETRADE FINANCIAL CORP | US | ETFC | 34,805 | $2,128,673.80 |
| 2715777 | QUEBECOR INC -CL B | CA | QBR/B CN | 64,785 | $1,326,598.11 |
| 277276101 | EASTGROUP PROPERTIES | US | EGP | 530 | $50,646.80 |
| 2801836 | SHAW COMMUNICATIONS INC-B | CA | SJR/B CN | 59,280 | $1,207,559.73 |
| 285512109 | ELECTRONIC ARTS | US | EA | 24,217 | $3,415,081.34 |
| 2866857 | LUNDIN MINING CORP | CA | LUN CN | 202,740 | $1,127,318.60 |
| 29372EBV9 | EFF 2017-1 A2 2.13000 07/20/2022 | US | 597,914.97 | $594,396.96 | |
| 294429105 | EQUIFAX INC | US | EFX | 25,290 | $3,164,031.90 |
| 29444U700 | EQUINIX INC | US | EQIX | 8,640 | $3,714,249.60 |
| 29472R108 | EQUITY LIFESTYLE PROPERTIES | US | ELS | 1,240 | $113,956.00 |
| 29476L107 | EQUITY RESIDENTIAL | US | EQR | 3,915 | $249,346.35 |
| 297178105 | ESSEX PROPERTY TRUST INC | US | ESS | 545 | $130,293.15 |
| 302154BV0 | EXPORT-IMPORT BANK KOREA 2.62500 12/30/2020 | KR | 6,700,000 | $6,577,436.90 | |
| 30225T102 | EXTRA SPACE STORAGE INC | US | EXR | 1,680 | $167,680.80 |
| 30251JAA9 | FDIC 2011-R1 A 2.67200 07/25/2026 | US | 200,674.99 | $199,930.71 | |
| 30291EAE4 | FREMF 2013-K712 B FLT 3.47721 05/25/2045 | US | 742,000 | $743,678.70 | |
| 30291HAA5 | FREMF 2013-K28 X2A 0.10000 06/25/2046 | US | 128,029,781.22 | $471,277.62 | |
| 30303M102 | FACEBOOK INC -A | US | FB | 58,825 | $11,430,874.00 |
| 3128M5NM8 | FHLM POOL G03696 5.50000 01/01/2038 | US | 1,506.65 | $1,629.87 | |
| 3128M5RA0 | FHLM POOL G03781 6.00000 01/01/2038 | US | 233,570.87 | $256,476.61 | |
| 3128M5VT4 | FHLM POOL G03926 6.00000 02/01/2038 | US | 229,252.83 | $252,441.55 | |
| 3128M6SU3 | FHLM POOL G04731 5.50000 04/01/2038 | US | 230,430.27 | $249,286.91 | |
| 3128M73H7 | FHLM POOL G05900 6.00000 03/01/2040 | US | 168,698.19 | $185,289.20 | |
| 3128M73P9 | FHLM POOL G05906 6.00000 04/01/2040 | US | 177,650.46 | $196,032.27 | |
| 3128MB4Q7 | FHLM POOL G13331 5.50000 10/01/2023 | US | 15,854.19 | $16,383.91 | |
| 3128MBDP9 | FHLM POOL G12610 6.00000 03/01/2022 | US | 36,412.23 | $37,689.30 | |
| 3128MBE45 | FHLM POOL G12655 6.00000 05/01/2022 | US | 25,485.66 | $26,390.46 | |
| 3128MBRH2 | FHLM POOL G12988 6.00000 01/01/2023 | US | 19,791.82 | $20,591.65 | |
| 3128MBUB1 | FHLM POOL G13078 6.00000 03/01/2023 | US | 34,695.53 | $36,036.56 | |
| 3128MJJT8 | FHLM POOL G08273 5.50000 06/01/2038 | US | 289,367.94 | $312,915.82 | |
| 3128P75X7 | FHLM POOL C91762 4.50000 05/01/2034 | US | 740,062.02 | $774,008.69 | |
| 312941F69 | FHLM POOL A92889 4.50000 07/01/2040 | US | 1,792,820.44 | $1,885,561.28 | |
| 3132QUNJ8 | FHLM POOL Q37592 4.00000 12/01/2045 | US | 1,782,692.84 | $1,822,673.31 | |
| 3132WF3E7 | FHLM POOL Q42596 3.50000 08/01/2046 | US | 1,446,107.11 | $1,441,967.45 | |
| 3132WJX55 | FHLM POOL Q45199 4.00000 01/01/2047 | US | 804,673.38 | $823,532.09 | |
| 3132WJYG0 | FHLM POOL Q45210 4.00000 01/01/2047 | US | 677,806.68 | $692,069.45 | |
| 3132WPDP9 | FHLM GOLD POOL FG Q49109 4.00000 07/01/2047 | US | 563,085.53 | $574,621.20 | |
| 3132XSLZ1 | FHLM GOLD POOL FG Q50343 4.00000 08/01/2047 | US | 641,163 | $654,124.93 | |
| 31335AFY9 | FHLM POOL G60183 4.00000 12/01/2044 | US | 938,496.84 | $960,193.80 | |
| 31336WBS7 | FHLM POOL G11850 5.50000 07/01/2020 | US | 45,060.76 | $45,616.45 | |
| 3136B1YD0 | FNR 2018-31 KP 3.50000 07/25/2047 | US | 1,294,730.61 | $1,295,178.20 | |
| 3137A2B34 | FHMS K009 X1 FLT 1.45484 08/25/2020 | US | 13,072,926.54 | $292,747.27 | |
| 3137ADTK3 | FHMS K014 X1 FLT 1.34101 04/25/2021 | US | 7,936,178.76 | $218,932.19 | |
| 3137AJMG6 | FMHS K016 X1 FLT 1.67213 10/25/2021 | US | 5,534,516.25 | $225,115.90 | |
| 3137AL6W4 | FHMS K706 X1 FLT 1.68593 10/25/2018 | US | 7,874,679.59 | $11,952.98 | |
| 3137AME78 | FHMS K017 X1 FLT 1.48754 12/25/2021 | US | 8,252,798.16 | $310,186.37 | |
| 3137AUPF0 | FHMS K021 x1 FLT 1.58997 06/25/2022 | US | 9,983,791.21 | $475,273.39 | |
| 3137B36J2 | FHMS K029 A2 3.32000 02/25/2023 | US | 2,431,000 | $2,455,796.93 | |
| 3137B3NB0 | FHMS K030 X1 FLT 0.31344 04/25/2023 | US | 51,703,360.72 | $440,662.57 | |
| 3137B4GZ3 | FHMS K032 X1 FLT 0.22073 05/25/2023 | US | 38,947,910.91 | $202,182.50 | |
| 3137B4WB8 | FHMS K033 A2 3.06000 07/25/2023 | US | 3,970,000 | $3,961,882.14 | |
| 3137B5KW2 | FHMS K035 A2 3.45800 08/25/2023 | US | 3,613,000 | $3,669,670.63 | |
| 3137BT7J4 | FHMS KJ10 A2 2.91200 12/25/2023 | US | 3,060,000 | $3,024,106.51 | |
| 3137BWVV3 | FHMS KJ13 A2 2.86400 08/25/2022 | US | 1,911,000 | $1,898,791.00 | |
| 3137F4YU0 | FHLM POOL FHR4791 4.00000 03/15/2044 | US | 1,741,792.3 | $1,784,614.26 | |
| 3137FG2L8 | FHLM POOL 4801 4.50000 05/15/2044 | US | 1,731,291.21 | $1,798,045.82 | |
| 3138AJXA5 | FEDERAL NATL MTG ASSN A15172 4.00000 08/01/2041 | US | 742,501.27 | $762,611.47 | |
| 3138EGE26 | FEDERAL NATL MTG ASSN AL0152 6.00000 06/01/2040 | US | 758,407.82 | $835,024.82 | |
| 3138EGHT4 | FEDERAL NATL MTG ASSN AL0241 4.00000 04/01/2041 | US | 1,002,219.05 | $1,029,330.57 | |
| 3138EHR87 | FEDERAL NATL MTG ASSN AL1410 4.50000 12/01/2041 | US | 1,614,384.11 | $1,696,061.82 | |
| 3138EHXZ0 | FEDERAL NATL MTG ASSN AL1595 6.00000 01/01/2040 | US | 673,189.57 | $740,444.60 | |
| 3138EP2A1 | FEDERAL NATL MTG ASSN AL7068 4.50000 09/01/2042 | US | 1,766,412.52 | $1,857,569.79 | |
| 3138EQST0 | FEDERAL NATL MTG ASSN AL7729 4.00000 06/01/2043 | US | 867,000.62 | $890,390.48 | |
| 3138ETT89 | FEDERAL NATL MTG ASSN AL8674 FLT 5.65100 01/01/2049 | US | 1,905,359.81 | $2,052,011.56 | |
| 3138Y6Y81 | FEDERAL NATL MTG ASSN AX5234 4.50000 11/01/2044 | US | 974,474.14 | $1,015,687.21 | |
| 31403DDX4 | FEDERAL NATL MTG ASSN 745418 5.50000 04/01/2036 | US | 534,067.79 | $579,590.94 | |
| 3140E2GZ8 | FEDERAL NATL MTG ASSN AZ9215 4.00000 10/01/2045 | US | 799,549.41 | $818,212.57 | |
| 3140EX2Y8 | FEDERAL NATL MTG ASSN BC3490 3.50000 02/01/2046 | US | 2,275,657.38 | $2,271,767.08 | |
| 3140F2QS2 | FEDERAL NATL MTG ASSN BC6764 3.50000 04/01/2046 | US | 1,311,506.65 | $1,309,264.60 | |
| 3140F8RB5 | FEDERAL NATL MTG ASSN BD1381 3.50000 06/01/2046 | US | 816,291.67 | $814,896.17 | |
| 3140FA5G3 | FEDERAL NATL MTG ASSN FN BD3546 4.00000 09/01/2047 | US | 408,354.85 | $417,143.37 | |
| 3140FTWF4 | FEDERAL NATL MTG ASSN BE7845 4.50000 02/01/2047 | US | 589,235.02 | $618,046.02 | |
| 31410FSE6 | FEDERAL NATL MTG ASSN 888017 6.00000 11/01/2021 | US | 27,396.31 | $28,294.91 | |
| 31410FV51 | FEDERAL NATL MTG ASSN 888136 6.00000 12/01/2021 | US | 33,610.97 | $34,705.21 | |
| 31410GCD3 | FEDERAL NATL MTG ASSN 888468 5.50000 09/01/2021 | US | 203,181.18 | $207,905.83 | |
| 31410GN33 | FEDERAL NATL MTG ASSN 888810 5.50000 11/01/2022 | US | 247,858.25 | $253,761.44 | |
| 31410HAQ4 | MACYS RETAIL HLDGS INC 6.90000 04/01/2029 | US | 1,415,000 | $1,519,658.42 | |
| 31410KJV7 | FEDERAL NATL MTG ASSN 889576 6.00000 04/01/2038 | US | 450,737.44 | $496,999.49 | |
| 31416BRR1 | FEDERAL NATL MTG ASSN 995196 6.00000 07/01/2038 | US | 1,011,368.36 | $1,114,508.58 | |
| 31416BSW9 | FEDERAL NATL MTG ASSN 995233 5.50000 10/01/2021 | US | 12,919.7 | $13,151.36 | |
| 31416BVW5 | FEDERAL NATL MTG ASSN 995329 5.50000 12/01/2021 | US | 164,913.03 | $168,845.53 | |
| 31417YJC2 | FEDERAL NATL MTG ASSN MA0258 4.50000 12/01/2039 | US | 856,693.9 | $900,928.68 | |
| 31418B6G6 | FEDERAL NATL MTG ASSN FN MA2670 3.00000 07/01/2046 | US | 2,251,763.64 | $2,184,629.87 | |
| 31418BBC9 | FEDERAL NATL MTG ASSN MA1834 4.50000 02/01/2034 | US | 715,916.6 | $749,132.82 | |
| 31418BDH6 | FEDERAL NATL MTG ASSN MA1903 4.50000 05/01/2034 | US | 567,797.74 | $594,158.28 | |
| 31418CAF1 | FEDERAL NATL MTG ASSN FN MA2705 3.00000 08/01/2046 | US | 1,746,476.12 | $1,694,406.24 | |
| 31418MG63 | FEDERAL NATL MTG ASSN AD0220 6.00000 10/01/2038 | US | 50,230.51 | $55,185.82 | |
| 31418MGR7 | FEDERAL NATL MTG ASSN AD0207 6.00000 10/01/2038 | US | 149,098.21 | $164,240.94 | |
| 31418MQQ8 | FEDERAL NATL MTG ASSN AD0462 5.50000 10/01/2024 | US | 24,822.22 | $25,906.01 | |
| 31428X106 | FEDEX CORPORATION | US | FDX | 13,630 | $3,094,827.80 |
| 315419AA9 | FERROGLOBE / GLOBE SPEC 9.37500 03/01/2022 | GB | 175,000 | $181,125.00 | |
| 3163836 | INTERTEK GROUP PLC | GB | ITRK LN | 690 | $51,881.44 |
| 3174300 | BURBERRY GROUP PLC | GB | BRBY LN | 1,900 | $53,998.99 |
| 32054K103 | FIRST INDUSTRIAL REALTY TR | US | FR | 4,060 | $135,360.40 |
| 3208986 | NEXT PLC | GB | NXT LN | 640 | $50,943.16 |
| 336130AB5 | FIRST QUALITY FINANCE CO 5.00000 07/01/2025 | US | 165,000 | $150,975.00 | |
| 345605109 | FOREST CITY REALTY TRUST - A | US | FCE/A | 5,235 | $119,410.35 |
| 35563BAJ9 | FREMF 2014-K37 B FLT 4.71377 01/25/2047 | US | 1,657,000 | $1,724,181.74 | |
| 35802XAA1 | FRESENIUS MED CARE US 6.50000 09/15/2018 | US | 108,000 | $108,713.37 | |
| 35802XAD5 | FRESENIUS MED CARE II 5.62500 07/31/2019 | US | 2,882,000 | $2,952,209.30 | |
| 36143WAN1 | GAHR 2015-NRF BFX FLT 3.49490 12/15/2034 | US | 1,928,000 | $1,927,384.00 | |
| 36143WAS0 | GAHR 2015-NRF DFX FLT 3.49490 12/15/2034 | US | 1,000,000 | $994,082.70 | |
| 36174X101 | GGP INC | US | GGP | 5,390 | $110,117.70 |
| 36219YGD2 | GNMA POOL 263096 9.50000 03/15/2020 | US | 358.1 | $359.15 | |
| 36246MAT6 | GTP AQUISITION PARTNERS 2.35000 06/15/2020 | US | 589,000 | $577,921.85 | |
| 36248EAA3 | GSMS 2010-C2 3.84900 12/10/2043 | US | 77,510.51 | $78,327.80 | |
| 371559105 | GENESEE & WYOMING INC -CL A | US | GWR | 30,740 | $2,499,776.80 |
| 374297109 | GETTY REALTY CORP | US | GTY | 3,355 | $94,510.35 |
| 37953TAB1 | GLOBAL SHIP LEASE INC 9.87500 11/15/2022 | MH | 350,000 | $345,625.00 | |
| 39807UAB2 | GREYSTAR REAL ESTATE PAR 5.75000 12/01/2025 | US | 190,000 | $184,300.00 | |
| 400506101 | GRUPO AEROPORTUARIO PAC-ADR | MX | PAC | 1,085 | $100,807.35 |
| 40414L109 | HCP INC | US | HCP | 6,365 | $164,344.30 |
| 4057808 | L'OREAL | FR | OR FP | 210 | $51,770.68 |
| 4061412 | LVMH MOET HENNESSY LOUIS VUITTON | FR | MC FP | 140 | $46,482.71 |
| 410345AL6 | HANESBRANDS INC 4.87500 05/15/2026 | US | 175,000 | $168,875.00 | |
| 4163437 | CAP GEMINI | FR | CAP FP | 370 | $49,583.72 |
| 421946104 | HEALTHCARE REALTY TRUST INC | US | HR | 3,945 | $114,720.60 |
| 42225P501 | HEALTHCARE TRUST OF AMERICA | US | HTA | 4,795 | $129,273.20 |
| 431318AQ7 | HILCORP ENERGY I/HILCORP 5.75000 10/01/2025 | US | 150,000 | $149,625.00 | |
| 4354134 | UNITED INTERNET AG-REG SHARE | DE | UTDI GR | 780 | $44,531.64 |
| 43814RAB2 | HAROT 2016-4 A2 1.04000 04/18/2019 | US | 170,332.78 | $170,207.77 | |
| 44053FAA8 | HORIZON PHARMA INC/HORIZ 8.75000 11/01/2024 | US | 330,000 | $354,337.50 | |
| 44107P104 | HOST MARRIOTT CORP | US | HST | 11,090 | $233,666.30 |
| 444454AD4 | HUGHES SATELLITE SYSTEMS 5.25000 08/01/2026 | US | 394,000 | $369,375.00 | |
| 4457624 | TRIGANO SA | FR | TRI FP | 1,110 | $196,925.20 |
| 44891GAD6 | HALST 2017-B A3 1.97000 07/15/2020 | US | 3,400,000 | $3,372,594.30 | |
| 4497749 | KBC GROEP NV | BE | KBC BB | 1,230 | $94,464.23 |
| 45031UCD1 | ISTAR INC 5.25000 09/15/2022 | US | 229,000 | $221,700.63 | |
| 45337C102 | INCYTE CORP | US | INCY | 134,599 | $9,018,133.00 |
| 45378A106 | INDEPENDENCE REALTY TRUST IN | US | IRT | 7,155 | $73,768.05 |
| 45763PAE6 | INMARSAT FINANCE PLC 4.87500 05/15/2022 | GB | 240,000 | $235,800.00 | |
| 459745GH2 | INTL LEASE FINANCE CORP 6.25000 05/15/2019 | US | 3,279,000 | $3,361,865.87 | |
| 46186YAA2 | IHSFR 2015-SFR3 A FLT 3.37325 08/17/2032 | US | 1,960,058.69 | $1,962,496.81 | |
| 46187BAA1 | IHSFR 2017-SFR2 A 2.93506 12/17/2036 | US | 537,532.99 | $537,532.24 | |
| 46187BAB9 | IHSFR 2017-SFR2 B 3.23506 12/17/2036 | US | 400,000 | $402,318.12 | |
| 46187W107 | INVITATION HOMES INC | US | INVH | 9,549 | $220,199.94 |
| 46625HHL7 | JPMORGAN CHASE & CO 6.30000 04/23/2019 | US | 4,600,000 | $4,729,392.89 | |
| 46639GAL0 | JPMMT 2013-1 1A2 3.00000 03/25/2043 | US | 615,241.34 | $595,438.57 | |
| 46640BAC8 | JPMMT 2013-2 A2 3.50000 05/25/2043 | US | 601,082.32 | $591,502.87 | |
| 46641YAA1 | JPMMT 2014-2 1A1 3.00000 06/25/2029 | US | 812,523.04 | $805,636.09 | |
| 46647SAJ9 | JPMMT 2017-3 1A5 3.50000 08/25/2047 | US | 1,588,849.35 | $1,570,105.69 | |
| 46649HAE2 | JPMMT 2017-6 A5 3.50000 12/25/2048 | US | 1,585,193.86 | $1,565,502.58 | |
| 476405105 | JERNIGAN CAPITAL INC | US | JCAP | 2,955 | $56,322.30 |
| 478160104 | JOHNSON & JOHNSON | US | JNJ | 33,770 | $4,097,651.80 |
| 47987LAA9 | JONAH NRG LLC/FINANCE 7.25000 10/15/2025 | US | 346,000 | $279,395.00 | |
| 4800659 | LUXOTTICA GROUP SPA | IT | LUX IM | 780 | $50,220.94 |
| 4821100 | SOLVAY SA | BE | SOLB BB | 1,490 | $187,648.65 |
| 4824778 | SGS SA-REG | CH | SGSN SW | 20 | $53,143.90 |
| 4834108 | SCHNEIDER ELECTRIC SA | FR | SU FP | 560 | $46,573.44 |
| 4846288 | SAP AG | DE | SAP GR | 440 | $50,783.89 |
| 494550AW6 | KINDER MORGAN ENER PART 6.95000 01/15/2038 | US | 3,980,000 | $4,536,106.89 | |
| 497864AA6 | KISSNER GR HLDG 8.37500 12/01/2022 | CA | 247,000 | $252,557.50 | |
| 500630CK2 | KOREA DEVELOPMENT BANK 1.37500 09/12/2019 | KR | 400,000 | $392,013.64 | |
| 50187T106 | LGI HOMES INC | US | LGIH | 445 | $25,689.85 |
| 50187TAE6 | LGI HOMES INC 6.87500 07/15/2026 | US | 240,000 | $239,400.00 | |
| 50212YAB0 | LPL HOLDINGS INC 5.75000 09/15/2025 | US | 230,000 | $223,675.00 | |
| 502160AM6 | LSB INDUSTRIES 9.62500 05/01/2023 | US | 310,000 | $312,325.00 | |
| 5048566 | SWEDISH MATCH AB | SE | SWMA SS | 1,030 | $50,904.36 |
| 505742AD8 | LADDER CAP FIN LLLP/CORP 5.87500 08/01/2021 | US | 150,000 | $153,292.50 | |
| 5107401 | BEIERSDORF AG | DE | BEI GR | 1,615 | $183,057.43 |
| 512816109 | LAMAR ADVERTISING CO | US | LAMR | 1,160 | $79,239.60 |
| 5129074 | FRESENIUS MEDICAL | DE | FME GR | 865 | $87,098.21 |
| 5228658 | RANDSTAD HOLDING NV | NL | RAND NA | 3,785 | $222,161.58 |
| 526057104 | LENNAR CORP | US | LEN | 510 | $26,775.00 |
| 5263574 | FLSMIDTH & CO A/S | DK | FLS DC | 1,080 | $64,439.57 |
| 5289837 | ERSTE GROUP BANK AG | AT | EBS AV | 2,290 | $95,470.00 |
| 531172104 | LIBERTY PROPERTY TRUST | US | LPT | 4,410 | $195,495.30 |
| 53223X107 | LIFE STORAGE INC | US | LSI | 585 | $56,926.35 |
| 5330047 | DASSAULT SYSTEMES SA | FR | DSY FP | 1,145 | $160,235.67 |
| 5458314 | AKZO NOBEL | NL | AKZA NA | 2,210 | $188,496.15 |
| 5474008 | BANKINTER S.A. | ES | BKT SM | 11,960 | $116,048.03 |
| 550021109 | LULULEMON - ADR | CA | LULU | 34,875 | $4,354,143.75 |
| 55354GAF7 | MSCI INC 5.37500 05/15/2027 | US | 155,000 | $155,000.00 | |
| 554382101 | THE MACERICH CO | US | MAC | 1,330 | $75,583.90 |
| 5545670 | JUNGHEINRICH AG | DE | JUN3 GR | 2,540 | $93,896.98 |
| 55616XAC1 | MACYS RETAIL HLDGS INC 7.00000 02/15/2028 | US | 1,400,000 | $1,519,837.02 | |
| 55933JAB0 | MAGNACHIP SEMICONDUCTOR 6.62500 07/15/2021 | US | 277,000 | $267,942.10 | |
| 5633616 | SOPRA STERIA GROUP | FR | SOP FP | 1,255 | $255,353.92 |
| 5654781 | ATOS ORIGIN SA | FR | ATO FP | 345 | $46,912.08 |
| 5669354 | REPSOL SA | ES | REP SM | 8,125 | $158,592.76 |
| 5671519 | WOLTERS KLUWER | NL | WKL NA | 910 | $51,120.88 |
| 5699373 | WIENERBERGER AG | AT | WIE AV | 7,590 | $189,322.76 |
| 5701513 | ELISA OYJ | FI | ELISA FH | 1,075 | $49,662.25 |
| 5713422 | METSO OYJ | FI | METSO FH | 5,010 | $167,109.46 |
| 5727973 | SIEMENS AG-REG | DE | SIE GR | 1,490 | $196,316.44 |
| 57636Q104 | MASTERCARD INC-CLASS A | US | MA | 29,830 | $5,862,191.60 |
| 5852842 | ACCOR SA | FR | AC FP | 2,315 | $113,379.42 |
| 58933Y105 | MERCK & CO INC | US | MRK | 40,540 | $2,460,778.00 |
| 59001ABA9 | MERITAGE HOMES CORP 5.12500 06/06/2027 | US | 230,000 | $213,900.00 | |
| 594918104 | MICROSOFT CORP | US | MSFT | 58,780 | $5,796,295.80 |
| 59522J103 | MID-AMERICA APARTMENT COMM | US | MAA | 2,670 | $268,788.90 |
| 5980613 | GIVAUDAN - REG | CH | GIVN SW | 20 | $45,296.35 |
| 5999330 | TELEPERFORMANCE | FR | TEP FP | 275 | $48,536.36 |
| 6054603 | ASAHI KASEI CORP | JP | 3407 JP | 3,700 | $46,921.37 |
| 6125286 | TREND MICRO INC | JP | 4704 JP | 900 | $51,234.43 |
| 6129277 | NTT DOCOMO INC | JP | 9437 JP | 1,900 | $48,416.50 |
| 6136233 | HENGAN INTL GROUP CO LTD | CN | 1044 HK | 5,000 | $47,959.28 |
| 6136749 | OBIC CO LTD | JP | 4684 JP | 600 | $49,569.96 |
| 6141680 | ORACLE CORP JAPAN | JP | 4716 JP | 600 | $48,903.03 |
| 61744YAG3 | MORGAN STANLEY FLT 3.58313 05/08/2024 | US | 4,680,000 | $4,726,800.00 | |
| 6180412 | COMPUTERSHARE LTD | AU | CPU AU | 3,770 | $51,356.70 |
| 62426EAA3 | MOUNTAIN PROVINCE DIAMON 8.00000 12/15/2022 | CA | 400,000 | $398,500.00 | |
| 6248990 | KDDI CORP | JP | 9433 JP | 1,900 | $51,955.33 |
| 6250724 | DAIKIN INDUSTRIES LTD | JP | 6367 JP | 1,300 | $155,367.03 |
| 6267058 | OTSUKA CORP | JP | 4768 JP | 1,200 | $46,976.82 |
| 6291819 | CHINA PETROLEUM & CHEMICAL - H | CN | 386 HK | 110,000 | $98,462.91 |
| 62944T105 | NVR INC | US | NVR | 5 | $14,851.75 |
| 6356934 | FANUC LTD | JP | 6954 JP | 499 | $98,907.70 |
| 637417106 | NATIONAL RETAIL PROPERTIES | US | NNN | 2,025 | $89,019.00 |
| 6390921 | NOMURA RESEARCH INSTITUTE LT | JP | 4307 JP | 1,000 | $48,381.30 |
| 63938CAE8 | NAVIENT CORP 7.25000 09/25/2023 | US | 135,000 | $141,412.50 | |
| 64110W102 | NETEASE.COM INC- ADR | CN | NTES | 350 | $88,434.50 |
| 6429104 | HITACHI LTD FIRST SECTION | JP | 6501 JP | 13,660 | $96,234.48 |
| 6446620 | HYUNDAI HEAVY INDUSTRIES | KR | 009540 KS | 460 | $42,066.98 |
| 6451066 | HYUNDAI MIPO DOCKYARD | KR | 010620 KS | 595 | $45,746.69 |
| 647581107 | NEW ORIENTAL EDUCATIO- SP ADR | CN | EDU | 1,120 | $106,019.20 |
| 6482903 | KANAMOTO CO LTD | JP | 9678 JP | 3,000 | $94,721.93 |
| 64829DAG1 | NRZT 2014-3A AFX3 3.75000 11/25/2054 | US | 676,504.25 | $675,519.67 | |
| 64829EAA2 | NRZT 2015-2A A1 3.75000 08/25/2055 | US | 850,024.15 | $851,754.80 | |
| 64829LAA6 | NRZT 2016-4A A1 3.75000 11/25/2056 | US | 884,124.54 | $884,960.83 | |
| 6483809 | KAO CORP | JP | 4452 JP | 700 | $53,355.11 |
| 6490995 | KEYENCE CORP | JP | 6861 JP | 406 | $228,989.91 |
| 6496324 | KOITO MANUFACTURINING CO LTD | JP | 7276 JP | 700 | $46,237.18 |
| 6518808 | LION CORP | JP | 4912 JP | 5,300 | $96,980.74 |
| 65409QBB7 | NIELSEN FINANCE LLC/CO 5.00000 04/15/2022 | US | 155,000 | $152,303.00 | |
| 6555805 | MAKITA CORP | JP | 6586 JP | 1,000 | $44,733.04 |
| 6619604 | NGK SPARK PLUG CO LTD | JP | 5334 JP | 1,800 | $51,171.79 |
| 6630940 | CHINA EVERBRIGHT INTL LTD | HK | 257 HK | 88,280 | $113,694.05 |
| 6640507 | NIPPON PAINT HOLDINGS CO LTD | JP | 4612 JP | 1,200 | $51,606.17 |
| 6641588 | NISSAN CHEMICAL INDUSTRIES | JP | 4021 JP | 1,100 | $51,240.26 |
| 6642387 | YAMAHA CORP | JP | 7951 JP | 2,100 | $108,985.19 |
| 66727WAA0 | NORTHWEST ACQ/DOMINION 7.12500 11/01/2022 | CA | 495,000 | $493,762.50 | |
| 66987V109 | NOVARTIS AG- REG | CH | NVS | 78,370 | $5,920,069.80 |
| 67087MAA4 | OBP DEPOSITOR LLC TRUST 4.64620 07/15/2045 | US | 115,000 | $117,846.09 | |
| 67091GAA1 | OCI NV 6.62500 04/15/2023 | NL | 250,000 | $253,925.00 | |
| 6743882 | JAPAN EXCHANGE GROUP INC | JP | 8697 JP | 5,000 | $92,740.72 |
| 6758455 | RYOHIN KEIKAKU CO LTD | JP | 7453 JP | 100 | $35,132.34 |
| 6772217 | SAMSUNG HEAVY INDUSTRIES | KR | 010140 KS | 7,145 | $45,753.27 |
| 6776606 | SANTEN PHARMACEUTICAL CO LTD | JP | 4536 JP | 2,900 | $50,449.60 |
| 6791591 | SECOM CO LTD | JP | 9735 JP | 600 | $46,010.33 |
| 683235AA3 | ONTARIO (PROVINCE OF) 2.00000 09/27/2018 | CA | 1,470,000 | $1,468,809.30 | |
| 68323ADY7 | ONTARIO (PROVINCE OF) 1.25000 06/17/2019 | CA | 1,297,000 | $1,280,444.30 | |
| 6865504 | SUZUKI MOTOR CORP | JP | 7269 JP | 2,600 | $143,281.11 |
| 6895200 | TOHO CO LTD | JP | 9602 JP | 1,400 | $46,891.63 |
| 6897466 | TOTO LTD | JP | 5332 JP | 900 | $41,657.13 |
| 69007J106 | OUTFRONT MEDIA INC | US | OUT | 3,652 | $71,031.40 |
| 6913168 | GUANGDONG INVESTMENT LTD | HK | 270 HK | 30,000 | $47,479.06 |
| 69145LAA2 | OXFORD FIN LLC/CO-ISS II 6.37500 12/15/2022 | US | 235,000 | $238,525.00 | |
| 70014LAC4 | PARK AEROSPACE HOLDINGS 4.50000 03/15/2023 | KY | 248,000 | $235,550.40 | |
| 7110902 | TECAN GROUP AG-REG | CH | TECN SW | 440 | $106,781.08 |
| 7123870 | NESTLE SA-REGISTERED | CH | NESN SW | 2,699 | $209,174.79 |
| 7145056 | ENI SPA | IT | ENI IM | 5,330 | $98,825.64 |
| 7147892 | TEMENOS GROUP AG-REG | CH | TEMN SW | 680 | $102,262.87 |
| 7156036 | SONOVA HOLDING AG-REG | CH | SOON SW | 300 | $53,665.07 |
| 71654QCJ9 | PETROLEOS MEXICANOS 6.35000 02/12/2048 | MX | 4,940,000 | $4,458,350.00 | |
| 71943U104 | PHYSICIANS REALTY TRUST | US | DOC | 14,020 | $223,478.80 |
| 7212477 | ESSILOR INTERNATIONAL | FR | EI FP | 360 | $50,758.70 |
| 7262610 | CREDIT AGRICOLE SA | FR | ACA FP | 6,680 | $88,660.62 |
| 729640102 | PLYMOUTH INDUSTRIAL REIT INC | US | 1,720 | $27,520.00 | |
| 733174AJ5 | POPULAR INC 7.00000 07/01/2019 | US | 283,000 | $287,245.00 | |
| 7339451 | ORPEA SA | FR | ORP FP | 1,270 | $169,161.80 |
| 7380062 | AAREAL BANK AG | DE | ARL GR | 2,200 | $96,516.66 |
| 7380482 | COMPAGNIE DE SAINT-GOBAIN | FR | SGO FP | 4,850 | $216,043.25 |
| 741503AZ9 | PRICELINE GROUP INC/THE 3.60000 06/01/2026 | US | 4,890,000 | $4,758,495.72 | |
| 74340W103 | PROLOGIS | US | PLD | 7,810 | $513,038.90 |
| 744320AL6 | PRUDENTIAL FINANCIAL INC 5.87500 09/15/2042 | US | 2,990,000 | $3,158,187.50 | |
| 74460D109 | PUBLIC STORAGE INC | US | PSA | 1,365 | $309,663.90 |
| 74736K101 | QORVO INC | US | QRVO | 83,770 | $6,715,840.90 |
| 758849103 | REGENCY CENTERS CORP | US | REG | 2,071 | $128,567.68 |
| 75886F107 | REGENERON PHARMACEUTICALS INC | US | REGN | 20,570 | $7,096,444.30 |
| 76169C100 | REXFORD INDUSTRIAL REALITY IN | US | REXR | 1,095 | $34,372.05 |
| 77340RAK3 | ROCKIES EXPRESS PIPELINE 5.62500 04/15/2020 | US | 135,000 | $138,206.25 | |
| 7759435 | ILIAD SA | FR | ILD FP | 445 | $70,214.46 |
| 780259107 | ROYAL DUTCH SHELL PLC-ADR B | NL | RDS/B | 2,930 | $212,864.50 |
| 783513203 | RYANAIR HOLDINGS - ADR | IE | RYAAY | 539 | $61,569.97 |
| 78410G104 | SBA COMMUNICATIONS CORP | US | SBAC | 7,630 | $1,259,865.60 |
| 78442PGC4 | SLM CORP 5.12500 04/05/2022 | US | 220,000 | $218,900.00 | |
| 785592AV8 | SABINE PASS LIQUEFACTION 5.87500 06/30/2026 | US | 4,400,000 | $4,718,975.84 | |
| 80282KAS5 | SANTANDER HOLDINGS USA 3.40000 01/18/2023 | US | 3,260,000 | $3,147,578.12 | |
| 806857108 | SCHLUMBERGER LTD | NL | SLB | 68,743 | $4,607,843.29 |
| 808513105 | CHARLES SCHWAB CORP/THE | US | SCHW | 79,350 | $4,054,785.00 |
| 81211K100 | SEALED AIR CORP | US | SEE | 66,900 | $2,839,905.00 |
| 812578102 | SEATTLE GENETICS INC | US | SGEN | 52,680 | $3,497,425.20 |
| 81663AAD7 | SEMGROUP CORP 6.37500 03/15/2025 | US | 310,000 | $294,500.00 | |
| 81745CAB9 | SEMT 2013-7 A2 3.00000 06/25/2043 | US | 734,688.17 | $708,482.58 | |
| 81745EAA7 | SEMT 2013-8 A1 3.00000 06/25/2043 | US | 850,768.38 | $823,534.43 | |
| 81745MAA9 | SEMT 2013-2 1.87400 02/25/2043 | US | 684,332.6 | $614,727.42 | |
| 81762P102 | SERVICENOW INC | US | NOW | 26,320 | $4,539,410.40 |
| 81783QAC9 | SEVEN GENERATIONS ENERGY 5.37500 09/30/2025 | CA | 173,000 | $166,296.25 | |
| 822538AE4 | SHELF DRILL HOLD LTD 8.25000 02/15/2025 | KY | 165,000 | $166,237.50 | |
| 828806109 | SIMON PROPERTY GROUP INC | US | SPG | 3,370 | $573,540.30 |
| 83088M102 | SKYWORKS SOLUTIONS INC | US | SWKS | 42,715 | $4,128,404.75 |
| 83401BAA4 | SOFI 2017-F A1FX 2.05000 01/25/2041 | US | 399,542.1 | $396,014.42 | |
| 83401BAB2 | SOFI 2017-F A2FX 2.84000 01/25/2041 | US | 300,000 | $292,895.64 | |
| 83404FAB0 | SOFI 2017-A A2A 1.55000 03/26/2040 | US | 479,351.29 | $475,261.42 | |
| 83405LAA8 | SCLP 2017-5 A1 2.14000 09/25/2026 | US | 1,011,051.06 | $1,005,542.15 | |
| 83406EAB1 | SOFI 2018-A A2A 2.39000 02/25/2042 | US | 869,698.3 | $864,395.75 | |
| 84265V105 | SOUTHERN COPPER CORPORATION | US | SCCO | 2,985 | $139,906.95 |
| 845467AL3 | SOUTHWESTERN ENERGY CO 6.70000 01/23/2025 | US | 204,000 | $199,665.00 | |
| 852061AK6 | SPRINT COMMUNICATIONS 9.00000 11/15/2018 | US | 73,000 | $74,460.00 | |
| 85254J102 | STAG INDUSTRIAL INC | US | STAG | 4,355 | $118,586.65 |
| 85571XAA5 | SRPT 2014-STAR A FLTG RATE 3.29325 11/15/2027 | US | 1,631,836.93 | $1,632,566.03 | |
| 866674104 | SUN COMMUNITIES | US | SUI | 2,365 | $231,486.20 |
| 867892101 | SUNSTONE HOTEL INVESTORS INC | US | SHO | 8,590 | $142,765.80 |
| 87243QAB2 | TENET HEALTHCARE CORP 6.00000 10/01/2020 | US | 95,000 | $97,612.50 | |
| 874080104 | TAL EDUCATION GROUP - ADR | CN | TAL | 1,260 | $46,368.00 |
| 87470LAA9 | TALLGRASS NRG PRTNR/FIN 5.50000 09/15/2024 | US | 239,000 | $243,780.00 | |
| 87677QAA9 | TXEZ 2016-1A 3.13100 06/15/2028 | US | 402,048.97 | $401,546.01 | |
| 87854WAA1 | TECHNIPLAS LLC 10.00000 05/01/2020 | US | 205,000 | $182,450.00 | |
| 88032WAG1 | TENCENT HOLDINGS LTD 3.59500 01/19/2028 | KY | 3,320,000 | $3,140,786.40 | |
| 88146M101 | TERRENO REALTY CORP | US | TRNO | 750 | $28,252.50 |
| 88161DAA9 | TESLA 2018-A A 2.32000 12/20/2019 | US | 1,085,768.64 | $1,082,217.31 | |
| 882508104 | TEXAS INSTRUMENTS INC | US | TXN | 21,160 | $2,332,890.00 |
| 88650V208 | TIER REIT INC | US | TIER | 4,625 | $109,982.50 |
| 89173CAA5 | TPMT 2016-5 A1 2.50000 10/25/2056 | US | 1,568,274.28 | $1,531,548.75 | |
| 89613BAA5 | TAH 2013-SFR1 A 2.58900 11/17/2033 | US | 1,187,313.39 | $1,149,007.34 | |
| 89613FAA6 | TAH 2017-SFR2 A 2.92800 01/17/2036 | US | 1,250,000 | $1,204,008.88 | |
| 896356AE2 | TRINIDAD DRILLING LTD 6.62500 02/15/2025 | CA | 281,000 | $270,462.50 | |
| 901109AF5 | TUTOR PERINI CORP 6.87500 05/01/2025 | US | 286,000 | $286,357.50 | |
| 902653104 | UDR INC | US | UDR | 6,180 | $231,997.20 |
| 903002103 | UMH PROPERTIES INC | US | UMH | 3,995 | $61,323.25 |
| 90320MAA3 | UPCB FINANCE IV LTD 5.37500 01/15/2025 | KY | 285,000 | $270,778.50 | |
| 904767704 | UNILEVER PLC - ADR | GB | UL | 67,285 | $3,719,514.80 |
| 912796PY9 | TREASURY BILL 0.00000 09/06/2018 | US | 9,225,000 | $9,193,246.81 | |
| 912810FM5 | UNITED STATES TREAS BOND 6.25000 05/15/2030 | US | 4,871,000 | $6,518,577.71 | |
| 912810PT9 | UNITED STATES TREAS BOND 4.75000 02/15/2037 | US | 7,244,000 | $9,180,921.08 | |
| 912810QV3 | UNITED STATES TREAS INFL INDEX 0.75000 02/15/2042 | US | 3,334,494.24 | $3,255,535.28 | |
| 912810RK6 | US TREASURY N/B 2.50000 02/15/2045 | US | 5,473,000 | $4,990,050.49 | |
| 912810RX8 | US TREASURY N/B 3.00000 05/15/2047 | US | 12,365,000 | $12,401,225.62 | |
| 9128283W8 | US TREASURY N/B 2.75000 02/15/2028 | US | 6,500,000 | $6,444,394.52 | |
| 912828D23 | US TREASURY N/B 1.62500 04/30/2019 | US | 18,325,000 | $18,219,774.37 | |
| 912828K33 | UNITED STATES TREAS INFL INDEX 0.12500 04/15/2020 | US | 4,536,077.22 | $4,487,709.12 | |
| 912828K58 | UNITED STATES TREAS NTS 1.37500 04/30/2020 | US | 18,517,000 | $18,137,980.16 | |
| 912828R28 | US TREASURY N/B 1.62500 04/30/2023 | US | 6,450,000 | $6,128,003.87 | |
| 912828R36 | US TREASURY N/B 1.62500 05/15/2026 | US | 6,637,000 | $6,071,040.18 | |
| 912828UH1 | UNITED STATES TREAS INFL INDEX 0.12500 01/15/2023 | US | 3,202,077.5 | $3,130,225.09 | |
| 912828X88 | US TREASURY N/B 2.37500 05/15/2027 | US | 12,808,000 | $12,334,204.03 | |
| 912828XQ8 | US TREASURY N/B 2.00000 07/31/2022 | US | 12,800,000 | $12,452,999.94 | |
| 91704F104 | URBAN EDGE PROPERTIES | US | UE | 9,560 | $218,637.20 |
| 92276F100 | VENTAS INC | US | VTR | 1,950 | $111,052.50 |
| 92339V100 | VEREIT INC | US | VER | 12,465 | $92,739.60 |
| 92343VDV3 | VERIZON COMMUNICATIONS 5.50000 03/16/2047 | US | 4,440,000 | $4,652,501.55 | |
| 92532F100 | VERTEX PHARMACEUTICALS INC | US | VRTX | 10,620 | $1,804,975.20 |
| 92826C839 | VISA INC - CLASS A SHARES | US | V | 35,070 | $4,645,021.50 |
| 92903PAC3 | VNO 2010 - VNO A2FX 4.00350 09/13/2028 | US | 350,000 | $356,732.43 | |
| 929042109 | VORNADO REALTY TRUST | US | VNO | 3,620 | $267,590.40 |
| 92960PAA7 | W/S PACKAGING HOLDINGS 9.00000 04/15/2023 | US | 235,000 | $237,937.50 | |
| 948565AC0 | WEEKLEY HOMES LLC/ FINAN 6.00000 02/01/2023 | US | 155,000 | $150,931.25 | |
| 94856TAA2 | WEEKLEY HOMES LLC/ FINAN 6.62500 08/15/2025 | US | 256,000 | $242,560.00 | |
| 94987MAB7 | WELLS FARGO COMMERCIAL MORTGAGE 4.39300 11/15/2043 | US | 545,000 | $557,902.28 | |
| 95040Q104 | WELLTOWER INC. | US | WELL | 2,355 | $147,634.95 |
| 962166104 | WEYERHAEUSER CO | US | WY | 2,172 | $79,191.12 |
| 962178AL3 | TRI POINTE HOLDINGS INC 4.37500 06/15/2019 | US | 170,000 | $170,884.00 | |
| 962178AN9 | TRI POINTE GROUP / HOMES 5.87500 06/15/2024 | US | 156,000 | $154,830.00 | |
| 96949LAD7 | WILLIAMS PARTNERS LP 3.75000 06/15/2027 | US | 2,245,000 | $2,119,788.34 | |
| 97651JAE6 | WINWATER MORTGAGE LOAN TRUST 3.50000 03/20/2045 | US | 761,919.63 | $762,806.81 | |
| 97652TAA1 | WIN 2015-1 A1 3.50000 01/20/2045 | US | 887,914.72 | $872,461.90 | |
| 98919V105 | ZAYO GROUP HOLDINGS INC | US | ZAYO | 102,650 | $3,744,672.00 |
| AN7903213 | SONGA BULK ASA 6.83263 06/13/2022 | NO | 200,000 | $207,728.00 | |
| AP0787667 | MPC CONTAINER SHIPS FLT 7.08188 09/22/2022 | NL | 200,000 | $205,102.00 | |
| AP8694550 | BOREALIS FINANCE LLC 7.50000 11/16/2022 | MH | 400,000 | $394,500.00 | |
| B0190C7 | TECHTRONIC INDUSTRIES CO LTD | HK | 669 HK | 8,000 | $44,431.14 |
| B02J639 | ADMIRAL GROUP PLC | GB | ADM LN | 1,890 | $47,500.00 |
| B037JC2 | NEXITY | FR | NXI FP | 3,130 | $197,600.09 |
| B0386J1 | JYSKE BANK-REG | DK | JYSK DC | 2,060 | $112,599.43 |
| B06JSP1 | SYDBANK A/S | DK | SYDB DC | 2,985 | $102,326.60 |
| B09DHL9 | MTU AERO ENGINES HOLDING AG | DE | MTX GR | 270 | $51,716.26 |
| B09M9D2 | KONE OYJ-B | FI | KNEBV FH | 950 | $48,303.31 |
| B11TCY0 | SCHINDLER HOLDING-PART CERT | CH | SCHP SW | 225 | $48,308.15 |
| B11ZRK9 | LEGRAND SA | FR | LR FP | 2,465 | $180,554.32 |
| B138HB7 | KAUFMAN & BROAD SA | FR | KOF FP | 3,200 | $150,693.52 |
| B13X013 | EIFFAGE | FR | FGR FP | 1,855 | $201,533.87 |
| B15C557 | TOTAL SA | FR | FP FP | 2,570 | $156,065.40 |
| B19NLV4 | EXPERIAN PLC | GB | EXPN LN | 2,010 | $49,583.89 |
| B1CRLC4 | MONDI PLC | GB | MNDI LN | 1,830 | $49,369.85 |
| B1FW751 | GALP ENERGIA SGPS SA | PT | GALP PL | 10,640 | $202,411.91 |
| B1HDJL2 | NATIXIS | FR | KN FP | 23,345 | $165,179.04 |
| B1KFX13 | GRUPO AEROPORTUARIO DEL CENT | MX | OMAB MM | 10,500 | $54,836.17 |
| B1WGG93 | GEBERIT AG-REG | CH | GEBN SW | 390 | $166,983.94 |
| B1WY233 | SMITHS GROUP PLC | GB | SMIN LN | 2,190 | $48,918.97 |
| B1XFTL2 | HEXAGON AB-B SHS | SE | HEXAB SS | 2,580 | $143,363.28 |
| B1XH026 | VINCI SA | FR | DG FP | 4,485 | $430,520.85 |
| B1Y9TB3 | DANONE | FR | BN FP | 2,286 | $166,906.76 |
| B1YVKN8 | ANTA SPORTS PRODUCTS LTD | CN | 2020 HK | 27,180 | $143,328.50 |
| B232R05 | SK INNOVATION CO LTD | KR | 096770 KS | 605 | $109,582.66 |
| B249GC0 | MATSUMOTOKIYOSHI HOLDINGS CO | JP | 3088 JP | 2,300 | $103,209.78 |
| B283W97 | CAIXABANK S.A | ES | CABK SM | 46,540 | $200,321.68 |
| B3FP8W8 | CANADA HOUSING TRUST 4.10000 12/15/2018 | CA | 338,000 | $259,948.78 | |
| B3MPN59 | SUN ART RETAIL GROUP LTD | HK | 6808 HK | 43,000 | $56,096.60 |
| B3MSM28 | AMADEUS IT HOLDING SA-A SHS | ES | AMS SM | 630 | $49,538.51 |
| B3NB1P2 | SUNCOR ENERGY INC | CA | SU CN | 2,735 | $111,301.49 |
| B3ZD2V9 | MEX BONOS DESARR FIX RT 6.50000 06/10/2021 | MX | 3,460,000 | $168,659.81 | |
| B4888C1 | CANADIAN GOVERNMENT FLT 2.75000 06/01/2022 | CA | 433,000 | $338,211.98 | |
| B4NDCC9 | MEX BONOS DESARR FIX RT 6.50000 06/09/2022 | MX | 5,621,000 | $271,485.79 | |
| B4Q2TX3 | CHINA LONGYUAN POWER GROUP-H | CN | 916 HK | 237,000 | $190,384.83 |
| B4R2R50 | JULIUS BAER | CH | BAER SW | 5,810 | $340,300.24 |
| B4WTBY3 | HUANENG RENEWABLES CORP-H | CN | 958 HK | 500,000 | $165,731.68 |
| B4YN9R2 | SINGAPORE GOVERNMENT 2.50000 06/01/2019 | SG | 739,000 | $545,804.52 | |
| B4YVF56 | BRENNTAG AG | DE | BNR GR | 2,193 | $121,846.87 |
| B607XS1 | VERMILION ENERGY INC | CA | VET CN | 2,995 | $108,008.18 |
| B615Y14 | MEX BONOS DESARR FIX RT 8.00000 06/11/2020 | MX | 8,562,000 | $433,345.56 | |
| B61JC67 | TREASURY WINE ESTATES LTD | AU | TWE AU | 15,990 | $205,440.03 |
| B63QM77 | NEXON CO LTD | JP | 3659 JP | 11,200 | $162,504.91 |
| B6TC406 | MEX BONOS DESARR FIX RT 7.75000 05/29/2031 | MX | 1,081,000 | $54,963.75 | |
| B7VQL46 | FNAC DARTY SA | FR | FNAC FP | 1,445 | $136,973.69 |
| BB22L96 | KION GROUP AG | DE | KGX GR | 1,785 | $128,126.46 |
| BBG00J8JCGT8 | BABA US 07/20/18 P185 | CN | -81 | -$41,715.00 | |
| BBG00KWNZGX9 | SCHW US 06/29/18 P51.5 | US | -223 | -$4,460.00 | |
| BBG00KZ9KMK4 | QRVO US 07/20/18 P75 | US | -153 | -$9,333.00 | |
| BBG00KZB2V74 | REGN US 07/20/18 C360 | US | -31 | -$15,500.00 | |
| BBG00KZD4H15 | SGEN US 07/20/18 P60 | US | -192 | -$7,680.00 | |
| BBG00L3N2DV4 | FB US 07/27/18 P180 | US | -83 | -$13,861.00 | |
| BD4TZK8 | OCI NV | NL | OCI NA | 4,185 | $112,382.09 |
| BD6K457 | COMPASS GROUP PLC | GB | CPG LN | 2,300 | $49,025.90 |
| BD82246 | EAGLE BULK SHIPCO 8.25000 11/28/2022 | MH | 200,000 | $203,000.00 | |
| BD97BN2 | ATLAS COPCO AB-A SHS | SE | ATCOA SS | 1,220 | $35,331.88 |
| BDQZ7T7 | WISDOM EDUCATION INTERNATION | CN | 6068 HK | 110,000 | $95,578.93 |
| BDZV116 | EPIROC AB-A | SE | EPIA SS | 15,840 | $166,221.19 |
| BF2DSG3 | SIKA AG-REG | CH | SIKA SW | 600 | $82,901.77 |
| BF955D8 | TELENET FINANCE LUX NOTE 5.50000 03/01/2028 | LU | 400,000 | $364,000.00 | |
| BFMDQ58 | REPSOL SA-RTS | ES | 8,125 | $4,612.30 | |
| BFYFZP5 | FERGUSON PLC | CH | FERG LN | 606.32 | $49,055.63 |
| BFYM460 | UNIBAIL-RODAMCO-WESTFIELD | FR | URW NA | 1,120 | $246,611.62 |
| BGHQ198 | HIBERNIA REIT PLC | IE | HBRN ID | 61,910 | $108,447.88 |
| BH4TZ73 | FU SHOU YUAN INTERNATIONAL | CN | 1448 HK | 151,640 | $170,664.52 |
| BMMV2K8 | TENCENT HOLDINGS LTD | CN | 700 HK | 51,388 | $2,580,469.12 |
| BNBNSG0 | EURONEXT NV | NL | ENX FP | 3,685 | $233,510.15 |
| BNGN9Z1 | FINECOBANK SPA | IT | FBK IM | 17,380 | $195,647.93 |
| BP9DL90 | INDUSTRIA DE DISENO TEXTIL | ES | ITX SM | 95,695 | $3,258,812.76 |
| BQRRZ00 | RECRUIT HOLDINGS CO LTD | JP | 6098 JP | 1,800 | $49,713.59 |
| BSBMKM2 | CHINA MAPLE LEAF EDUCATIONAL | CN | 1317 HK | 52,000 | $93,377.49 |
| BVSS790 | ELIS SA | FR | ELIS FP | 6,715 | $153,560.87 |
| BYM4063 | BECLE SAB DE CV | MX | 33,260 | $47,929.97 | |
| BYPC1T4 | ASSA ABLOY AB-B | SE | ASSAB SS | 2,300 | $48,786.69 |
| BYQ32R1 | NEMAK SAB DE CV | MX | 139,500 | $95,878.70 | |
| BYWPGC4 | CHINA YUHUA EDUCATION CORP L | CN | 6169 HK | 66,000 | $46,693.91 |
| BYXS699 | QIAGEN N.V. | NL | QIA GR | 2,512 | $91,058.04 |
| BYY8LS2 | MAISONS DU MONDE SA | FR | MDM FP | 2,605 | $95,796.05 |
| BYYHL23 | ANHEUSER-BUSCH INBEV SA/NV | BE | ABI BB | 65,770 | $6,633,897.95 |
| BYZ43T4 | EUROBANK ERGASIAS SA | GR | EUROB GA | 96,190 | $100,016.10 |
| BYZFYS3 | SPIE SA | FR | SPIE FP | 9,535 | $192,999.84 |
| BYZFZ91 | SOPHOS GROUP PLC | GB | SOPH LN | 19,550 | $164,387.66 |
| BYZWX76 | CRODA INTERNATIONAL PLC | GB | CRDA LN | 3,116 | $196,859.72 |
| BZ3C3Q4 | BANKIA SA | ES | BKIA SM | 25,677 | $95,751.45 |
| BZCNN35 | BANCO COMERCIAL PORTUGUES-R | PT | BCP PL | 280,845 | $83,981.61 |
| G02602103 | AMDOCS LTD | GG | DOX | 3,605 | $238,614.95 |
| G06242104 | ATLASSIAN CORP PLC-CLASS A | AU | TEAM | 533 | $33,323.16 |
| G27358103 | DESPEGAR.COM CORP | AR | DESP | 1,245 | $26,107.65 |
| G3157S106 | ENSCO INTERNATIONAL INC | US | ESV | 218,150 | $1,583,769.00 |
| G37585AC3 | GASLOG LTD 8.87500 03/22/2022 | BM | 272,000 | $282,200.00 | |
| G5960L103 | MEDTRONIC INC | IE | MDT | 72,150 | $6,176,761.50 |
| G68707101 | PAGSEGURO DIGITAL LTD-CL A | BR | PAGS | 1,090 | $30,247.50 |
| G97822103 | PERRIGO CO PLC | IE | PRGO | 2,530 | $184,462.30 |
| H8817H100 | TRANSOCEAN LTD | US | RIG | 167,270 | $2,248,108.80 |
| N47279109 | INTERXION HOLDING NX | NL | INXN | 4,595 | $286,819.90 |
| N72482123 | QIAGEN N.V. ADR | NL | QGEN | 1,761 | $63,677.76 |
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.
Daily Price
$10.14
Daily $ Change
$0.00
Daily % Change
0.00%
as of 07/19/2018
Ticker
MNMIX
CUSIP
56382P682
Inception Date
03/28/2008
Investment Minimum
$1,000,000.00
Investment minimum may be waived for certain qualified retirement plans and discretionary investment accounts of the Advisor.
Important Documents
| Summary Prospectus | |
| Prospectus | |
| Statement of Additional Information | |
| Annual Report | |
| Semi-Annual Report | |
| Fact Sheet | |
| Applications & Forms | |
| XBRL-3/20/18 |
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 stocks, bonds, alternatives, and cash 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 Risk-Based Funds
Risk-based funds offer professional management and asset allocation through a choice of investment objectives that range from fairly aggressive to fairly conservative. All an investor has to do is determine which objective best suits his or her current risk tolerance and investment time horizon, then decide when to move to a different objective as his or her personal situation changes over the years.
Time Horizon & Range of Stock Exposure
| Conservative Term | Moderate Term | Extended Term | Maximum Term |
| 0-5 Years | 3-10 Years | 15+ Years | 7-20 Years |
| 15-45% | 20-60% | 40-70% | 70-95% |
Generally, the longer your time horizon, the more aggressive your investment objective can be. Greater stock exposure is typically associated with higher return potential and higher capital risk.
Performance
As of 06/30/2018
YTD
0.59%
1 Year
4.57%
3 Year
3.62%
5 Year
4.76%
10 Year
5.38%
Inception
(09/15/1993)
6.60%
US Stock Market Cycle (04/01/2000 - 06/30/2018)
5.95%
Inception performance is based on the Pro-Blend® Moderate Term Series Class S inception of 09/15/1993. For periods through 03/28/2008 (the inception date of the Class I shares), performance for the Class I shares is based on the historical performance of the Class S shares. Because the Class I shares invest in the same portfolio of securities as the Class S shares, performance will be different only to the extent that the Class S shares have a higher expense ratio. 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.
Expense Ratio
| Gross | 0.83% |
Top Ten Investments
As of 06/30/2018
| TREASURY NOTES | 13.34% |
| GOVERNMENT AGENCY | 7.11% |
| TREASURY BONDS | 5.53% |
| FACEBOOK INC -A | 1.91% |
| TREASURY BILLS | 1.54% |
| INCYTE CORP | 1.51% |
| BOOKING HOLDINGS INC | 1.29% |
| REGENERON PHARMACEUTICALS INC | 1.19% |
| QORVO INC | 1.12% |
| ANHEUSER-BUSCH INBEV SA/NV | 1.11% |
This investment list is unaudited and excludes cash.
Asset Allocation
As of 06/30/2018
| Bonds | 60.61% | |
| Stocks | 38.60% | |
| Cash | 0.79% |
Detailed Asset Class Allocation
As of 06/30/2018
| International Equities | 11.98% | |
| Small Capitalization | 0.64% | |
| Mid Capitalization | 2.64% | |
| Large Capitalization | 23.35% | |
| Long Term Fixed Income | 17.21% | |
| Intermediate Term Fixed Income | 28.72% | |
| Short Term Fixed Income | 14.67% | |
| Cash | 0.79% |
Due to rounding, the sum of the detailed asset class allocation categories may not equal the asset allocation totals provided above.
June Fund Holdings
As of 06/30/2018
| CUSIP | Security Description | Country | Ticker | Shares/Par | Market Value (USD) |
|---|---|---|---|---|---|
| 00163UAB2 | AMAG PHARMACEUTICALS INC 7.87500 09/01/2023 | US | 195,000 | $206,821.88 | |
| 00206RDQ2 | AT&T INC 4.25000 03/01/2027 | US | 3,030,000 | $2,965,505.84 | |
| 00254EML3 | SWEDISH EXPORT CREDIT 1.12500 08/28/2019 | SE | 3,200,000 | $3,146,880.00 | |
| 00289XAA7 | ABENGOA YIELD PLC 7.00000 11/15/2019 | GB | 445,000 | $460,575.00 | |
| 004239109 | ACADIA REALTY TRUST | US | AKR | 2,730 | $74,720.10 |
| 0045614 | ANTOFAGASTA PLC | GB | ANTO LN | 17,015 | $221,062.18 |
| 0053673 | ASHTEAD GROUP PLC | GB | AHT LN | 6,960 | $207,264.03 |
| 008492100 | AGREE REALTY CORP | US | ADC | 1,435 | $75,724.95 |
| 00928QAK7 | AIRCASTLE LTD 6.25000 12/01/2019 | BM | 100,000 | $103,433.00 | |
| 015271109 | ALEXANDRIA REAL EST EQUITIES | US | ARE | 435 | $54,883.95 |
| 01609W102 | ALIBABA GROUP - ADR | CN | BABA | 20,185 | $3,744,923.05 |
| 01609WAT9 | ALIBABA GROUP HOLDING 3.40000 12/06/2027 | KY | 5,050,000 | $4,705,278.42 | |
| 01748XAA0 | ALLEGIANT TRAVEL CO 5.50000 07/15/2019 | US | 182,000 | $182,910.00 | |
| 02005NAT7 | ALLY FINANCIAL INC 3.50000 01/27/2019 | US | 160,000 | $159,800.00 | |
| 02079K107 | ALPHABET INC-CL C | US | GOOG | 2,190 | $2,443,273.50 |
| 02079K305 | ALPHABET INC-CL A | US | GOOGL | 2,180 | $2,461,634.20 |
| 02155FAC9 | ALTICE US FINANCE I CORP 5.50000 05/15/2026 | US | 200,000 | $193,000.00 | |
| 023135106 | AMAZON.COM INC | US | AMZN | 760 | $1,291,848.00 |
| 02319V103 | AMBEV SA-ADR | BR | ABEV | 747,346 | $3,460,211.98 |
| 0237400 | DIAGEO PLC | GB | DGE LN | 140,838 | $5,059,726.71 |
| 024835100 | AMERICAN CAMPUS COMMUNITIES | US | ACC | 2,800 | $120,064.00 |
| 0263494 | BAE SYSTEMS PLC | GB | BA/ LN | 12,065 | $102,640.58 |
| 02665T306 | AMERICAN HOMES 4 RENT- A | US | AMH | 10,960 | $243,092.80 |
| 02666TAA5 | AMERICAN HOMES 4 RENT 4.25000 02/15/2028 | US | 3,270,000 | $3,131,574.56 | |
| 03027X100 | AMERICAN TOWER REIT INC | US | AMT | 8,595 | $1,239,141.15 |
| 03063NAA5 | AMERICOLD LLC TRUST 3.84730 01/14/2029 | US | 127,584.62 | $128,736.99 | |
| 03064D108 | AMERICOLD REALTY TRUST | US | COLD | 1,995 | $43,929.90 |
| 03748R101 | APARTMENT INVT & MGMT CO -A | US | AIV | 3,925 | $166,027.50 |
| 03784Y200 | APPLE HOSPITALITY REIT INC | US | APLE | 5,410 | $96,730.80 |
| 03969AAL4 | ARDAGH PKG FIN/HLDGS USA 6.00000 02/15/2025 | IE | 200,000 | $194,750.00 | |
| 0405207 | HALMA PLC | GB | HLMA LN | 5,530 | $99,574.74 |
| 04621WAC4 | ASSURED GUARANTY US HLDG 5.00000 07/01/2024 | US | 3,540,000 | $3,699,247.01 | |
| 0490656 | KERRY GROUP PLC-A | IE | KYGA LN | 2,110 | $220,410.25 |
| 053484101 | AVALONBAY COMMUNITIES INC | US | AVB | 2,430 | $417,692.70 |
| 05582QAD9 | BMWOT 2016-A A3 1.16000 11/25/2020 | US | 1,839,186.61 | $1,823,044.25 | |
| 05604LAA0 | BWAY 2015-1740 A 2.91700 01/10/2035 | US | 2,809,000 | $2,668,415.17 | |
| 058498106 | BALL CORP | US | BLL | 113,660 | $4,040,613.00 |
| 06051GFM6 | BANK OF AMERICA CORP 4.00000 01/22/2025 | US | 4,810,000 | $4,748,203.24 | |
| 09061G101 | BIOMARIN PHARMACEUTICAL INC | US | BMRN | 55,000 | $5,181,000.00 |
| 09062X103 | BIOGEN IDEC INC | US | BIIB | 8,140 | $2,362,553.60 |
| 0922320 | SMITH & NEPHEW PLC | GB | SN/ LN | 2,710 | $49,918.99 |
| 09247X101 | BLACKROCK INC | US | BLK | 8,820 | $4,401,532.80 |
| 0946580 | WEIR GROUP PLC/THE | GB | WEIR LN | 12,075 | $317,116.32 |
| 09627J102 | BLUEROCK RESIDENTIAL GROWTH | US | 6,210 | $55,393.20 | |
| 096630AE8 | BOARDWALK PIPELINES LP 5.95000 06/01/2026 | US | 4,420,000 | $4,739,805.17 | |
| 09857L108 | BOOKING HOLDINGS INC | US | BKNG | 3,800 | $7,702,942.00 |
| 101121101 | BOSTON PROPERTIES INC | US | BXP | 2,260 | $283,449.20 |
| 105368203 | BRANDYWINE REALTY TRUST | US | BDN | 13,435 | $226,782.80 |
| 110122108 | BRISTOL MYERS SQUIBB CO | US | BMY | 40,260 | $2,227,988.40 |
| 110448107 | BRITISH AMERICAN TOB-SP ADR | GB | BTI | 2,250 | $113,512.50 |
| 12467AAD0 | C&S GROUP ENTERPRISES 5.37500 07/15/2022 | US | 240,000 | $235,200.00 | |
| 1248EPBR3 | CCO HLDGS LLC/CAP CORP 5.50000 05/01/2026 | US | 135,000 | $130,909.50 | |
| 125269100 | CF INDUSTRIES HOLDINGS INC | US | CF | 85,255 | $3,785,322.00 |
| 12592BAB0 | CNH INDUSTRIAL CAPITAL L 3.37500 07/15/2019 | US | 3,180,000 | $3,182,544.00 | |
| 126307AH0 | CSC HOLDINGS LLC 5.25000 06/01/2024 | US | 346,000 | $326,970.00 | |
| 12646XAH5 | CSMC 2013-IVR3 A1 2.50000 05/25/2043 | US | 1,069,672.89 | $997,844.25 | |
| 12770QAA3 | CZR 2017-VICI A 3.53100 10/15/2034 | US | 1,850,000 | $1,854,816.48 | |
| 13321L108 | CAMECO CORP | CA | CCJ | 7,509 | $84,476.25 |
| 14912Y202 | CATCHMARK TIMBER TRUST INC | US | CTT | 15,375 | $195,723.75 |
| 149806AA9 | CAZ 2015-1A A 2.00000 12/10/2023 | US | 198,234.15 | $197,242.98 | |
| 156504AH5 | CENTURY COMMUNITIES 5.87500 07/15/2025 | US | 347,000 | $327,915.00 | |
| 16411QAA9 | CHENIERE ENERGY PARTNERS 5.25000 10/01/2025 | US | 240,000 | $234,108.00 | |
| 165183AL8 | CFII 2017-2A A1 1.99000 05/15/2029 | US | 3,715,618.94 | $3,677,623.76 | |
| 165240102 | CHESAPEAKE LODGING TRUST | US | CHSP | 2,790 | $88,275.60 |
| 172967EW7 | CITIGROUP INC 8.12500 07/15/2039 | US | 3,280,000 | $4,613,732.03 | |
| 19625JAA1 | CAH 2015-1A A 3.24638 07/17/2032 | US | 1,018,944.65 | $1,018,479.71 | |
| 19626G108 | COLONY CAPITAL INC | US | CLNY | 12,638 | $78,861.12 |
| 198287203 | COLUMBIA PROPERTY TRUST INC | US | CXP | 3,410 | $77,441.10 |
| 20369C106 | COMMUNITY HEALTHCARE TRUST I | US | CHCT | 4,145 | $123,811.15 |
| 2112226 | SAPUTO INC | CA | SAP CN | 1,470 | $48,808.05 |
| 2162760 | CAE INC | CA | CAE CN | 2,550 | $52,972.65 |
| 21871N101 | CORECIVIC INC | US | CXW | 12,060 | $288,113.40 |
| 21987BAK4 | CODELCO INC 5.62500 09/21/2035 | CL | 2,810,000 | $3,140,728.20 | |
| 222795106 | COUSINS PROPERTIES INC | US | CUZ | 23,395 | $226,697.55 |
| 22530LAA4 | CAALT 2017-1A A 2.56000 10/15/2025 | US | 1,320,000 | $1,312,588.60 | |
| 22663AAA7 | ORTHO-CLINICAL DIAGNOSTI 6.62500 05/15/2022 | US | 170,000 | $166,175.00 | |
| 22822V101 | CROWN CASTLE INTL CORP | US | CCI | 1,525 | $164,425.50 |
| 22944PAA5 | CSMC 2013-TH1 A1 2.13000 02/25/2043 | US | 750,634.52 | $696,818.53 | |
| 229663109 | CUBESMART | US | CUBE | 5,070 | $163,355.40 |
| 23311RAC0 | DCP MIDSTREAM OPERATING 9.75000 03/15/2019 | US | 95,000 | $98,918.75 | |
| 23331A109 | DR HORTON INC | US | DHI | 630 | $25,830.00 |
| 2347608 | FIRST QUANTUM MINERALS LTD | CA | FM CN | 2,475 | $36,466.55 |
| 23918K108 | DAVITA INC. | US | DVA | 57,635 | $4,002,174.40 |
| 23918KAR9 | DAVITA INC 5.00000 05/01/2025 | US | 251,000 | $236,253.75 | |
| 2392471 | GRUPO BIMBO SAB- SERIES A | MX | BIMBOA MM | 25,475 | $49,653.82 |
| 2434760 | MEXICHEM SAB DE CV | MX | MEXCHEM* MM | 39,110 | $112,996.15 |
| 25271C102 | DIAMOND OFFSHORE DRILLING | US | DO | 83,030 | $1,732,005.80 |
| 253868103 | DIGITAL REALTY TRUST INC | US | DLR | 3,125 | $348,687.50 |
| 25470DAT6 | DISCOVERY COMMUNICATIONS 5.20000 09/20/2047 | US | 3,280,000 | $3,181,418.39 | |
| 2554475 | MAGNA INTERNATIONAL INC | CA | MG CN | 770 | $44,783.17 |
| 2583952 | METRO INC | CA | MRU CN | 1,490 | $50,650.82 |
| 26151AAA7 | DRAX FINCO PLC 6.62500 11/01/2025 | GB | 250,000 | $248,750.00 | |
| 262006208 | DREYFUS GVT CSH MANAGEMENT | US | 4,778,053.69 | $4,778,053.69 | |
| 2639349 | GRUPO AEROPORT DEL SURESTE-B | MX | 6,065 | $96,348.61 | |
| 2643674 | GRUPO MEXICO SAB DE CV-SER | MX | GMEXICOB MM | 28,120 | $79,700.65 |
| 26780TAA5 | DYNAGAS LNG PARTNERS/FIN 6.25000 10/30/2019 | MH | 286,000 | $286,000.00 | |
| 269246401 | ETRADE FINANCIAL CORP | US | ETFC | 34,805 | $2,128,673.80 |
| 2715777 | QUEBECOR INC -CL B | CA | QBR/B CN | 64,785 | $1,326,598.11 |
| 277276101 | EASTGROUP PROPERTIES | US | EGP | 530 | $50,646.80 |
| 2801836 | SHAW COMMUNICATIONS INC-B | CA | SJR/B CN | 59,280 | $1,207,559.73 |
| 285512109 | ELECTRONIC ARTS | US | EA | 24,217 | $3,415,081.34 |
| 2866857 | LUNDIN MINING CORP | CA | LUN CN | 202,740 | $1,127,318.60 |
| 29372EBV9 | EFF 2017-1 A2 2.13000 07/20/2022 | US | 597,914.97 | $594,396.96 | |
| 294429105 | EQUIFAX INC | US | EFX | 25,290 | $3,164,031.90 |
| 29444U700 | EQUINIX INC | US | EQIX | 8,640 | $3,714,249.60 |
| 29472R108 | EQUITY LIFESTYLE PROPERTIES | US | ELS | 1,240 | $113,956.00 |
| 29476L107 | EQUITY RESIDENTIAL | US | EQR | 3,915 | $249,346.35 |
| 297178105 | ESSEX PROPERTY TRUST INC | US | ESS | 545 | $130,293.15 |
| 302154BV0 | EXPORT-IMPORT BANK KOREA 2.62500 12/30/2020 | KR | 6,700,000 | $6,577,436.90 | |
| 30225T102 | EXTRA SPACE STORAGE INC | US | EXR | 1,680 | $167,680.80 |
| 30251JAA9 | FDIC 2011-R1 A 2.67200 07/25/2026 | US | 200,674.99 | $199,930.71 | |
| 30291EAE4 | FREMF 2013-K712 B FLT 3.47721 05/25/2045 | US | 742,000 | $743,678.70 | |
| 30291HAA5 | FREMF 2013-K28 X2A 0.10000 06/25/2046 | US | 128,029,781.22 | $471,277.62 | |
| 30303M102 | FACEBOOK INC -A | US | FB | 58,825 | $11,430,874.00 |
| 3128M5NM8 | FHLM POOL G03696 5.50000 01/01/2038 | US | 1,506.65 | $1,629.87 | |
| 3128M5RA0 | FHLM POOL G03781 6.00000 01/01/2038 | US | 233,570.87 | $256,476.61 | |
| 3128M5VT4 | FHLM POOL G03926 6.00000 02/01/2038 | US | 229,252.83 | $252,441.55 | |
| 3128M6SU3 | FHLM POOL G04731 5.50000 04/01/2038 | US | 230,430.27 | $249,286.91 | |
| 3128M73H7 | FHLM POOL G05900 6.00000 03/01/2040 | US | 168,698.19 | $185,289.20 | |
| 3128M73P9 | FHLM POOL G05906 6.00000 04/01/2040 | US | 177,650.46 | $196,032.27 | |
| 3128MB4Q7 | FHLM POOL G13331 5.50000 10/01/2023 | US | 15,854.19 | $16,383.91 | |
| 3128MBDP9 | FHLM POOL G12610 6.00000 03/01/2022 | US | 36,412.23 | $37,689.30 | |
| 3128MBE45 | FHLM POOL G12655 6.00000 05/01/2022 | US | 25,485.66 | $26,390.46 | |
| 3128MBRH2 | FHLM POOL G12988 6.00000 01/01/2023 | US | 19,791.82 | $20,591.65 | |
| 3128MBUB1 | FHLM POOL G13078 6.00000 03/01/2023 | US | 34,695.53 | $36,036.56 | |
| 3128MJJT8 | FHLM POOL G08273 5.50000 06/01/2038 | US | 289,367.94 | $312,915.82 | |
| 3128P75X7 | FHLM POOL C91762 4.50000 05/01/2034 | US | 740,062.02 | $774,008.69 | |
| 312941F69 | FHLM POOL A92889 4.50000 07/01/2040 | US | 1,792,820.44 | $1,885,561.28 | |
| 3132QUNJ8 | FHLM POOL Q37592 4.00000 12/01/2045 | US | 1,782,692.84 | $1,822,673.31 | |
| 3132WF3E7 | FHLM POOL Q42596 3.50000 08/01/2046 | US | 1,446,107.11 | $1,441,967.45 | |
| 3132WJX55 | FHLM POOL Q45199 4.00000 01/01/2047 | US | 804,673.38 | $823,532.09 | |
| 3132WJYG0 | FHLM POOL Q45210 4.00000 01/01/2047 | US | 677,806.68 | $692,069.45 | |
| 3132WPDP9 | FHLM GOLD POOL FG Q49109 4.00000 07/01/2047 | US | 563,085.53 | $574,621.20 | |
| 3132XSLZ1 | FHLM GOLD POOL FG Q50343 4.00000 08/01/2047 | US | 641,163 | $654,124.93 | |
| 31335AFY9 | FHLM POOL G60183 4.00000 12/01/2044 | US | 938,496.84 | $960,193.80 | |
| 31336WBS7 | FHLM POOL G11850 5.50000 07/01/2020 | US | 45,060.76 | $45,616.45 | |
| 3136B1YD0 | FNR 2018-31 KP 3.50000 07/25/2047 | US | 1,294,730.61 | $1,295,178.20 | |
| 3137A2B34 | FHMS K009 X1 FLT 1.45484 08/25/2020 | US | 13,072,926.54 | $292,747.27 | |
| 3137ADTK3 | FHMS K014 X1 FLT 1.34101 04/25/2021 | US | 7,936,178.76 | $218,932.19 | |
| 3137AJMG6 | FMHS K016 X1 FLT 1.67213 10/25/2021 | US | 5,534,516.25 | $225,115.90 | |
| 3137AL6W4 | FHMS K706 X1 FLT 1.68593 10/25/2018 | US | 7,874,679.59 | $11,952.98 | |
| 3137AME78 | FHMS K017 X1 FLT 1.48754 12/25/2021 | US | 8,252,798.16 | $310,186.37 | |
| 3137AUPF0 | FHMS K021 x1 FLT 1.58997 06/25/2022 | US | 9,983,791.21 | $475,273.39 | |
| 3137B36J2 | FHMS K029 A2 3.32000 02/25/2023 | US | 2,431,000 | $2,455,796.93 | |
| 3137B3NB0 | FHMS K030 X1 FLT 0.31344 04/25/2023 | US | 51,703,360.72 | $440,662.57 | |
| 3137B4GZ3 | FHMS K032 X1 FLT 0.22073 05/25/2023 | US | 38,947,910.91 | $202,182.50 | |
| 3137B4WB8 | FHMS K033 A2 3.06000 07/25/2023 | US | 3,970,000 | $3,961,882.14 | |
| 3137B5KW2 | FHMS K035 A2 3.45800 08/25/2023 | US | 3,613,000 | $3,669,670.63 | |
| 3137BT7J4 | FHMS KJ10 A2 2.91200 12/25/2023 | US | 3,060,000 | $3,024,106.51 | |
| 3137BWVV3 | FHMS KJ13 A2 2.86400 08/25/2022 | US | 1,911,000 | $1,898,791.00 | |
| 3137F4YU0 | FHLM POOL FHR4791 4.00000 03/15/2044 | US | 1,741,792.3 | $1,784,614.26 | |
| 3137FG2L8 | FHLM POOL 4801 4.50000 05/15/2044 | US | 1,731,291.21 | $1,798,045.82 | |
| 3138AJXA5 | FEDERAL NATL MTG ASSN A15172 4.00000 08/01/2041 | US | 742,501.27 | $762,611.47 | |
| 3138EGE26 | FEDERAL NATL MTG ASSN AL0152 6.00000 06/01/2040 | US | 758,407.82 | $835,024.82 | |
| 3138EGHT4 | FEDERAL NATL MTG ASSN AL0241 4.00000 04/01/2041 | US | 1,002,219.05 | $1,029,330.57 | |
| 3138EHR87 | FEDERAL NATL MTG ASSN AL1410 4.50000 12/01/2041 | US | 1,614,384.11 | $1,696,061.82 | |
| 3138EHXZ0 | FEDERAL NATL MTG ASSN AL1595 6.00000 01/01/2040 | US | 673,189.57 | $740,444.60 | |
| 3138EP2A1 | FEDERAL NATL MTG ASSN AL7068 4.50000 09/01/2042 | US | 1,766,412.52 | $1,857,569.79 | |
| 3138EQST0 | FEDERAL NATL MTG ASSN AL7729 4.00000 06/01/2043 | US | 867,000.62 | $890,390.48 | |
| 3138ETT89 | FEDERAL NATL MTG ASSN AL8674 FLT 5.65100 01/01/2049 | US | 1,905,359.81 | $2,052,011.56 | |
| 3138Y6Y81 | FEDERAL NATL MTG ASSN AX5234 4.50000 11/01/2044 | US | 974,474.14 | $1,015,687.21 | |
| 31403DDX4 | FEDERAL NATL MTG ASSN 745418 5.50000 04/01/2036 | US | 534,067.79 | $579,590.94 | |
| 3140E2GZ8 | FEDERAL NATL MTG ASSN AZ9215 4.00000 10/01/2045 | US | 799,549.41 | $818,212.57 | |
| 3140EX2Y8 | FEDERAL NATL MTG ASSN BC3490 3.50000 02/01/2046 | US | 2,275,657.38 | $2,271,767.08 | |
| 3140F2QS2 | FEDERAL NATL MTG ASSN BC6764 3.50000 04/01/2046 | US | 1,311,506.65 | $1,309,264.60 | |
| 3140F8RB5 | FEDERAL NATL MTG ASSN BD1381 3.50000 06/01/2046 | US | 816,291.67 | $814,896.17 | |
| 3140FA5G3 | FEDERAL NATL MTG ASSN FN BD3546 4.00000 09/01/2047 | US | 408,354.85 | $417,143.37 | |
| 3140FTWF4 | FEDERAL NATL MTG ASSN BE7845 4.50000 02/01/2047 | US | 589,235.02 | $618,046.02 | |
| 31410FSE6 | FEDERAL NATL MTG ASSN 888017 6.00000 11/01/2021 | US | 27,396.31 | $28,294.91 | |
| 31410FV51 | FEDERAL NATL MTG ASSN 888136 6.00000 12/01/2021 | US | 33,610.97 | $34,705.21 | |
| 31410GCD3 | FEDERAL NATL MTG ASSN 888468 5.50000 09/01/2021 | US | 203,181.18 | $207,905.83 | |
| 31410GN33 | FEDERAL NATL MTG ASSN 888810 5.50000 11/01/2022 | US | 247,858.25 | $253,761.44 | |
| 31410HAQ4 | MACYS RETAIL HLDGS INC 6.90000 04/01/2029 | US | 1,415,000 | $1,519,658.42 | |
| 31410KJV7 | FEDERAL NATL MTG ASSN 889576 6.00000 04/01/2038 | US | 450,737.44 | $496,999.49 | |
| 31416BRR1 | FEDERAL NATL MTG ASSN 995196 6.00000 07/01/2038 | US | 1,011,368.36 | $1,114,508.58 | |
| 31416BSW9 | FEDERAL NATL MTG ASSN 995233 5.50000 10/01/2021 | US | 12,919.7 | $13,151.36 | |
| 31416BVW5 | FEDERAL NATL MTG ASSN 995329 5.50000 12/01/2021 | US | 164,913.03 | $168,845.53 | |
| 31417YJC2 | FEDERAL NATL MTG ASSN MA0258 4.50000 12/01/2039 | US | 856,693.9 | $900,928.68 | |
| 31418B6G6 | FEDERAL NATL MTG ASSN FN MA2670 3.00000 07/01/2046 | US | 2,251,763.64 | $2,184,629.87 | |
| 31418BBC9 | FEDERAL NATL MTG ASSN MA1834 4.50000 02/01/2034 | US | 715,916.6 | $749,132.82 | |
| 31418BDH6 | FEDERAL NATL MTG ASSN MA1903 4.50000 05/01/2034 | US | 567,797.74 | $594,158.28 | |
| 31418CAF1 | FEDERAL NATL MTG ASSN FN MA2705 3.00000 08/01/2046 | US | 1,746,476.12 | $1,694,406.24 | |
| 31418MG63 | FEDERAL NATL MTG ASSN AD0220 6.00000 10/01/2038 | US | 50,230.51 | $55,185.82 | |
| 31418MGR7 | FEDERAL NATL MTG ASSN AD0207 6.00000 10/01/2038 | US | 149,098.21 | $164,240.94 | |
| 31418MQQ8 | FEDERAL NATL MTG ASSN AD0462 5.50000 10/01/2024 | US | 24,822.22 | $25,906.01 | |
| 31428X106 | FEDEX CORPORATION | US | FDX | 13,630 | $3,094,827.80 |
| 315419AA9 | FERROGLOBE / GLOBE SPEC 9.37500 03/01/2022 | GB | 175,000 | $181,125.00 | |
| 3163836 | INTERTEK GROUP PLC | GB | ITRK LN | 690 | $51,881.44 |
| 3174300 | BURBERRY GROUP PLC | GB | BRBY LN | 1,900 | $53,998.99 |
| 32054K103 | FIRST INDUSTRIAL REALTY TR | US | FR | 4,060 | $135,360.40 |
| 3208986 | NEXT PLC | GB | NXT LN | 640 | $50,943.16 |
| 336130AB5 | FIRST QUALITY FINANCE CO 5.00000 07/01/2025 | US | 165,000 | $150,975.00 | |
| 345605109 | FOREST CITY REALTY TRUST - A | US | FCE/A | 5,235 | $119,410.35 |
| 35563BAJ9 | FREMF 2014-K37 B FLT 4.71377 01/25/2047 | US | 1,657,000 | $1,724,181.74 | |
| 35802XAA1 | FRESENIUS MED CARE US 6.50000 09/15/2018 | US | 108,000 | $108,713.37 | |
| 35802XAD5 | FRESENIUS MED CARE II 5.62500 07/31/2019 | US | 2,882,000 | $2,952,209.30 | |
| 36143WAN1 | GAHR 2015-NRF BFX FLT 3.49490 12/15/2034 | US | 1,928,000 | $1,927,384.00 | |
| 36143WAS0 | GAHR 2015-NRF DFX FLT 3.49490 12/15/2034 | US | 1,000,000 | $994,082.70 | |
| 36174X101 | GGP INC | US | GGP | 5,390 | $110,117.70 |
| 36219YGD2 | GNMA POOL 263096 9.50000 03/15/2020 | US | 358.1 | $359.15 | |
| 36246MAT6 | GTP AQUISITION PARTNERS 2.35000 06/15/2020 | US | 589,000 | $577,921.85 | |
| 36248EAA3 | GSMS 2010-C2 3.84900 12/10/2043 | US | 77,510.51 | $78,327.80 | |
| 371559105 | GENESEE & WYOMING INC -CL A | US | GWR | 30,740 | $2,499,776.80 |
| 374297109 | GETTY REALTY CORP | US | GTY | 3,355 | $94,510.35 |
| 37953TAB1 | GLOBAL SHIP LEASE INC 9.87500 11/15/2022 | MH | 350,000 | $345,625.00 | |
| 39807UAB2 | GREYSTAR REAL ESTATE PAR 5.75000 12/01/2025 | US | 190,000 | $184,300.00 | |
| 400506101 | GRUPO AEROPORTUARIO PAC-ADR | MX | PAC | 1,085 | $100,807.35 |
| 40414L109 | HCP INC | US | HCP | 6,365 | $164,344.30 |
| 4057808 | L'OREAL | FR | OR FP | 210 | $51,770.68 |
| 4061412 | LVMH MOET HENNESSY LOUIS VUITTON | FR | MC FP | 140 | $46,482.71 |
| 410345AL6 | HANESBRANDS INC 4.87500 05/15/2026 | US | 175,000 | $168,875.00 | |
| 4163437 | CAP GEMINI | FR | CAP FP | 370 | $49,583.72 |
| 421946104 | HEALTHCARE REALTY TRUST INC | US | HR | 3,945 | $114,720.60 |
| 42225P501 | HEALTHCARE TRUST OF AMERICA | US | HTA | 4,795 | $129,273.20 |
| 431318AQ7 | HILCORP ENERGY I/HILCORP 5.75000 10/01/2025 | US | 150,000 | $149,625.00 | |
| 4354134 | UNITED INTERNET AG-REG SHARE | DE | UTDI GR | 780 | $44,531.64 |
| 43814RAB2 | HAROT 2016-4 A2 1.04000 04/18/2019 | US | 170,332.78 | $170,207.77 | |
| 44053FAA8 | HORIZON PHARMA INC/HORIZ 8.75000 11/01/2024 | US | 330,000 | $354,337.50 | |
| 44107P104 | HOST MARRIOTT CORP | US | HST | 11,090 | $233,666.30 |
| 444454AD4 | HUGHES SATELLITE SYSTEMS 5.25000 08/01/2026 | US | 394,000 | $369,375.00 | |
| 4457624 | TRIGANO SA | FR | TRI FP | 1,110 | $196,925.20 |
| 44891GAD6 | HALST 2017-B A3 1.97000 07/15/2020 | US | 3,400,000 | $3,372,594.30 | |
| 4497749 | KBC GROEP NV | BE | KBC BB | 1,230 | $94,464.23 |
| 45031UCD1 | ISTAR INC 5.25000 09/15/2022 | US | 229,000 | $221,700.63 | |
| 45337C102 | INCYTE CORP | US | INCY | 134,599 | $9,018,133.00 |
| 45378A106 | INDEPENDENCE REALTY TRUST IN | US | IRT | 7,155 | $73,768.05 |
| 45763PAE6 | INMARSAT FINANCE PLC 4.87500 05/15/2022 | GB | 240,000 | $235,800.00 | |
| 459745GH2 | INTL LEASE FINANCE CORP 6.25000 05/15/2019 | US | 3,279,000 | $3,361,865.87 | |
| 46186YAA2 | IHSFR 2015-SFR3 A FLT 3.37325 08/17/2032 | US | 1,960,058.69 | $1,962,496.81 | |
| 46187BAA1 | IHSFR 2017-SFR2 A 2.93506 12/17/2036 | US | 537,532.99 | $537,532.24 | |
| 46187BAB9 | IHSFR 2017-SFR2 B 3.23506 12/17/2036 | US | 400,000 | $402,318.12 | |
| 46187W107 | INVITATION HOMES INC | US | INVH | 9,549 | $220,199.94 |
| 46625HHL7 | JPMORGAN CHASE & CO 6.30000 04/23/2019 | US | 4,600,000 | $4,729,392.89 | |
| 46639GAL0 | JPMMT 2013-1 1A2 3.00000 03/25/2043 | US | 615,241.34 | $595,438.57 | |
| 46640BAC8 | JPMMT 2013-2 A2 3.50000 05/25/2043 | US | 601,082.32 | $591,502.87 | |
| 46641YAA1 | JPMMT 2014-2 1A1 3.00000 06/25/2029 | US | 812,523.04 | $805,636.09 | |
| 46647SAJ9 | JPMMT 2017-3 1A5 3.50000 08/25/2047 | US | 1,588,849.35 | $1,570,105.69 | |
| 46649HAE2 | JPMMT 2017-6 A5 3.50000 12/25/2048 | US | 1,585,193.86 | $1,565,502.58 | |
| 476405105 | JERNIGAN CAPITAL INC | US | JCAP | 2,955 | $56,322.30 |
| 478160104 | JOHNSON & JOHNSON | US | JNJ | 33,770 | $4,097,651.80 |
| 47987LAA9 | JONAH NRG LLC/FINANCE 7.25000 10/15/2025 | US | 346,000 | $279,395.00 | |
| 4800659 | LUXOTTICA GROUP SPA | IT | LUX IM | 780 | $50,220.94 |
| 4821100 | SOLVAY SA | BE | SOLB BB | 1,490 | $187,648.65 |
| 4824778 | SGS SA-REG | CH | SGSN SW | 20 | $53,143.90 |
| 4834108 | SCHNEIDER ELECTRIC SA | FR | SU FP | 560 | $46,573.44 |
| 4846288 | SAP AG | DE | SAP GR | 440 | $50,783.89 |
| 494550AW6 | KINDER MORGAN ENER PART 6.95000 01/15/2038 | US | 3,980,000 | $4,536,106.89 | |
| 497864AA6 | KISSNER GR HLDG 8.37500 12/01/2022 | CA | 247,000 | $252,557.50 | |
| 500630CK2 | KOREA DEVELOPMENT BANK 1.37500 09/12/2019 | KR | 400,000 | $392,013.64 | |
| 50187T106 | LGI HOMES INC | US | LGIH | 445 | $25,689.85 |
| 50187TAE6 | LGI HOMES INC 6.87500 07/15/2026 | US | 240,000 | $239,400.00 | |
| 50212YAB0 | LPL HOLDINGS INC 5.75000 09/15/2025 | US | 230,000 | $223,675.00 | |
| 502160AM6 | LSB INDUSTRIES 9.62500 05/01/2023 | US | 310,000 | $312,325.00 | |
| 5048566 | SWEDISH MATCH AB | SE | SWMA SS | 1,030 | $50,904.36 |
| 505742AD8 | LADDER CAP FIN LLLP/CORP 5.87500 08/01/2021 | US | 150,000 | $153,292.50 | |
| 5107401 | BEIERSDORF AG | DE | BEI GR | 1,615 | $183,057.43 |
| 512816109 | LAMAR ADVERTISING CO | US | LAMR | 1,160 | $79,239.60 |
| 5129074 | FRESENIUS MEDICAL | DE | FME GR | 865 | $87,098.21 |
| 5228658 | RANDSTAD HOLDING NV | NL | RAND NA | 3,785 | $222,161.58 |
| 526057104 | LENNAR CORP | US | LEN | 510 | $26,775.00 |
| 5263574 | FLSMIDTH & CO A/S | DK | FLS DC | 1,080 | $64,439.57 |
| 5289837 | ERSTE GROUP BANK AG | AT | EBS AV | 2,290 | $95,470.00 |
| 531172104 | LIBERTY PROPERTY TRUST | US | LPT | 4,410 | $195,495.30 |
| 53223X107 | LIFE STORAGE INC | US | LSI | 585 | $56,926.35 |
| 5330047 | DASSAULT SYSTEMES SA | FR | DSY FP | 1,145 | $160,235.67 |
| 5458314 | AKZO NOBEL | NL | AKZA NA | 2,210 | $188,496.15 |
| 5474008 | BANKINTER S.A. | ES | BKT SM | 11,960 | $116,048.03 |
| 550021109 | LULULEMON - ADR | CA | LULU | 34,875 | $4,354,143.75 |
| 55354GAF7 | MSCI INC 5.37500 05/15/2027 | US | 155,000 | $155,000.00 | |
| 554382101 | THE MACERICH CO | US | MAC | 1,330 | $75,583.90 |
| 5545670 | JUNGHEINRICH AG | DE | JUN3 GR | 2,540 | $93,896.98 |
| 55616XAC1 | MACYS RETAIL HLDGS INC 7.00000 02/15/2028 | US | 1,400,000 | $1,519,837.02 | |
| 55933JAB0 | MAGNACHIP SEMICONDUCTOR 6.62500 07/15/2021 | US | 277,000 | $267,942.10 | |
| 5633616 | SOPRA STERIA GROUP | FR | SOP FP | 1,255 | $255,353.92 |
| 5654781 | ATOS ORIGIN SA | FR | ATO FP | 345 | $46,912.08 |
| 5669354 | REPSOL SA | ES | REP SM | 8,125 | $158,592.76 |
| 5671519 | WOLTERS KLUWER | NL | WKL NA | 910 | $51,120.88 |
| 5699373 | WIENERBERGER AG | AT | WIE AV | 7,590 | $189,322.76 |
| 5701513 | ELISA OYJ | FI | ELISA FH | 1,075 | $49,662.25 |
| 5713422 | METSO OYJ | FI | METSO FH | 5,010 | $167,109.46 |
| 5727973 | SIEMENS AG-REG | DE | SIE GR | 1,490 | $196,316.44 |
| 57636Q104 | MASTERCARD INC-CLASS A | US | MA | 29,830 | $5,862,191.60 |
| 5852842 | ACCOR SA | FR | AC FP | 2,315 | $113,379.42 |
| 58933Y105 | MERCK & CO INC | US | MRK | 40,540 | $2,460,778.00 |
| 59001ABA9 | MERITAGE HOMES CORP 5.12500 06/06/2027 | US | 230,000 | $213,900.00 | |
| 594918104 | MICROSOFT CORP | US | MSFT | 58,780 | $5,796,295.80 |
| 59522J103 | MID-AMERICA APARTMENT COMM | US | MAA | 2,670 | $268,788.90 |
| 5980613 | GIVAUDAN - REG | CH | GIVN SW | 20 | $45,296.35 |
| 5999330 | TELEPERFORMANCE | FR | TEP FP | 275 | $48,536.36 |
| 6054603 | ASAHI KASEI CORP | JP | 3407 JP | 3,700 | $46,921.37 |
| 6125286 | TREND MICRO INC | JP | 4704 JP | 900 | $51,234.43 |
| 6129277 | NTT DOCOMO INC | JP | 9437 JP | 1,900 | $48,416.50 |
| 6136233 | HENGAN INTL GROUP CO LTD | CN | 1044 HK | 5,000 | $47,959.28 |
| 6136749 | OBIC CO LTD | JP | 4684 JP | 600 | $49,569.96 |
| 6141680 | ORACLE CORP JAPAN | JP | 4716 JP | 600 | $48,903.03 |
| 61744YAG3 | MORGAN STANLEY FLT 3.58313 05/08/2024 | US | 4,680,000 | $4,726,800.00 | |
| 6180412 | COMPUTERSHARE LTD | AU | CPU AU | 3,770 | $51,356.70 |
| 62426EAA3 | MOUNTAIN PROVINCE DIAMON 8.00000 12/15/2022 | CA | 400,000 | $398,500.00 | |
| 6248990 | KDDI CORP | JP | 9433 JP | 1,900 | $51,955.33 |
| 6250724 | DAIKIN INDUSTRIES LTD | JP | 6367 JP | 1,300 | $155,367.03 |
| 6267058 | OTSUKA CORP | JP | 4768 JP | 1,200 | $46,976.82 |
| 6291819 | CHINA PETROLEUM & CHEMICAL - H | CN | 386 HK | 110,000 | $98,462.91 |
| 62944T105 | NVR INC | US | NVR | 5 | $14,851.75 |
| 6356934 | FANUC LTD | JP | 6954 JP | 499 | $98,907.70 |
| 637417106 | NATIONAL RETAIL PROPERTIES | US | NNN | 2,025 | $89,019.00 |
| 6390921 | NOMURA RESEARCH INSTITUTE LT | JP | 4307 JP | 1,000 | $48,381.30 |
| 63938CAE8 | NAVIENT CORP 7.25000 09/25/2023 | US | 135,000 | $141,412.50 | |
| 64110W102 | NETEASE.COM INC- ADR | CN | NTES | 350 | $88,434.50 |
| 6429104 | HITACHI LTD FIRST SECTION | JP | 6501 JP | 13,660 | $96,234.48 |
| 6446620 | HYUNDAI HEAVY INDUSTRIES | KR | 009540 KS | 460 | $42,066.98 |
| 6451066 | HYUNDAI MIPO DOCKYARD | KR | 010620 KS | 595 | $45,746.69 |
| 647581107 | NEW ORIENTAL EDUCATIO- SP ADR | CN | EDU | 1,120 | $106,019.20 |
| 6482903 | KANAMOTO CO LTD | JP | 9678 JP | 3,000 | $94,721.93 |
| 64829DAG1 | NRZT 2014-3A AFX3 3.75000 11/25/2054 | US | 676,504.25 | $675,519.67 | |
| 64829EAA2 | NRZT 2015-2A A1 3.75000 08/25/2055 | US | 850,024.15 | $851,754.80 | |
| 64829LAA6 | NRZT 2016-4A A1 3.75000 11/25/2056 | US | 884,124.54 | $884,960.83 | |
| 6483809 | KAO CORP | JP | 4452 JP | 700 | $53,355.11 |
| 6490995 | KEYENCE CORP | JP | 6861 JP | 406 | $228,989.91 |
| 6496324 | KOITO MANUFACTURINING CO LTD | JP | 7276 JP | 700 | $46,237.18 |
| 6518808 | LION CORP | JP | 4912 JP | 5,300 | $96,980.74 |
| 65409QBB7 | NIELSEN FINANCE LLC/CO 5.00000 04/15/2022 | US | 155,000 | $152,303.00 | |
| 6555805 | MAKITA CORP | JP | 6586 JP | 1,000 | $44,733.04 |
| 6619604 | NGK SPARK PLUG CO LTD | JP | 5334 JP | 1,800 | $51,171.79 |
| 6630940 | CHINA EVERBRIGHT INTL LTD | HK | 257 HK | 88,280 | $113,694.05 |
| 6640507 | NIPPON PAINT HOLDINGS CO LTD | JP | 4612 JP | 1,200 | $51,606.17 |
| 6641588 | NISSAN CHEMICAL INDUSTRIES | JP | 4021 JP | 1,100 | $51,240.26 |
| 6642387 | YAMAHA CORP | JP | 7951 JP | 2,100 | $108,985.19 |
| 66727WAA0 | NORTHWEST ACQ/DOMINION 7.12500 11/01/2022 | CA | 495,000 | $493,762.50 | |
| 66987V109 | NOVARTIS AG- REG | CH | NVS | 78,370 | $5,920,069.80 |
| 67087MAA4 | OBP DEPOSITOR LLC TRUST 4.64620 07/15/2045 | US | 115,000 | $117,846.09 | |
| 67091GAA1 | OCI NV 6.62500 04/15/2023 | NL | 250,000 | $253,925.00 | |
| 6743882 | JAPAN EXCHANGE GROUP INC | JP | 8697 JP | 5,000 | $92,740.72 |
| 6758455 | RYOHIN KEIKAKU CO LTD | JP | 7453 JP | 100 | $35,132.34 |
| 6772217 | SAMSUNG HEAVY INDUSTRIES | KR | 010140 KS | 7,145 | $45,753.27 |
| 6776606 | SANTEN PHARMACEUTICAL CO LTD | JP | 4536 JP | 2,900 | $50,449.60 |
| 6791591 | SECOM CO LTD | JP | 9735 JP | 600 | $46,010.33 |
| 683235AA3 | ONTARIO (PROVINCE OF) 2.00000 09/27/2018 | CA | 1,470,000 | $1,468,809.30 | |
| 68323ADY7 | ONTARIO (PROVINCE OF) 1.25000 06/17/2019 | CA | 1,297,000 | $1,280,444.30 | |
| 6865504 | SUZUKI MOTOR CORP | JP | 7269 JP | 2,600 | $143,281.11 |
| 6895200 | TOHO CO LTD | JP | 9602 JP | 1,400 | $46,891.63 |
| 6897466 | TOTO LTD | JP | 5332 JP | 900 | $41,657.13 |
| 69007J106 | OUTFRONT MEDIA INC | US | OUT | 3,652 | $71,031.40 |
| 6913168 | GUANGDONG INVESTMENT LTD | HK | 270 HK | 30,000 | $47,479.06 |
| 69145LAA2 | OXFORD FIN LLC/CO-ISS II 6.37500 12/15/2022 | US | 235,000 | $238,525.00 | |
| 70014LAC4 | PARK AEROSPACE HOLDINGS 4.50000 03/15/2023 | KY | 248,000 | $235,550.40 | |
| 7110902 | TECAN GROUP AG-REG | CH | TECN SW | 440 | $106,781.08 |
| 7123870 | NESTLE SA-REGISTERED | CH | NESN SW | 2,699 | $209,174.79 |
| 7145056 | ENI SPA | IT | ENI IM | 5,330 | $98,825.64 |
| 7147892 | TEMENOS GROUP AG-REG | CH | TEMN SW | 680 | $102,262.87 |
| 7156036 | SONOVA HOLDING AG-REG | CH | SOON SW | 300 | $53,665.07 |
| 71654QCJ9 | PETROLEOS MEXICANOS 6.35000 02/12/2048 | MX | 4,940,000 | $4,458,350.00 | |
| 71943U104 | PHYSICIANS REALTY TRUST | US | DOC | 14,020 | $223,478.80 |
| 7212477 | ESSILOR INTERNATIONAL | FR | EI FP | 360 | $50,758.70 |
| 7262610 | CREDIT AGRICOLE SA | FR | ACA FP | 6,680 | $88,660.62 |
| 729640102 | PLYMOUTH INDUSTRIAL REIT INC | US | 1,720 | $27,520.00 | |
| 733174AJ5 | POPULAR INC 7.00000 07/01/2019 | US | 283,000 | $287,245.00 | |
| 7339451 | ORPEA SA | FR | ORP FP | 1,270 | $169,161.80 |
| 7380062 | AAREAL BANK AG | DE | ARL GR | 2,200 | $96,516.66 |
| 7380482 | COMPAGNIE DE SAINT-GOBAIN | FR | SGO FP | 4,850 | $216,043.25 |
| 741503AZ9 | PRICELINE GROUP INC/THE 3.60000 06/01/2026 | US | 4,890,000 | $4,758,495.72 | |
| 74340W103 | PROLOGIS | US | PLD | 7,810 | $513,038.90 |
| 744320AL6 | PRUDENTIAL FINANCIAL INC 5.87500 09/15/2042 | US | 2,990,000 | $3,158,187.50 | |
| 74460D109 | PUBLIC STORAGE INC | US | PSA | 1,365 | $309,663.90 |
| 74736K101 | QORVO INC | US | QRVO | 83,770 | $6,715,840.90 |
| 758849103 | REGENCY CENTERS CORP | US | REG | 2,071 | $128,567.68 |
| 75886F107 | REGENERON PHARMACEUTICALS INC | US | REGN | 20,570 | $7,096,444.30 |
| 76169C100 | REXFORD INDUSTRIAL REALITY IN | US | REXR | 1,095 | $34,372.05 |
| 77340RAK3 | ROCKIES EXPRESS PIPELINE 5.62500 04/15/2020 | US | 135,000 | $138,206.25 | |
| 7759435 | ILIAD SA | FR | ILD FP | 445 | $70,214.46 |
| 780259107 | ROYAL DUTCH SHELL PLC-ADR B | NL | RDS/B | 2,930 | $212,864.50 |
| 783513203 | RYANAIR HOLDINGS - ADR | IE | RYAAY | 539 | $61,569.97 |
| 78410G104 | SBA COMMUNICATIONS CORP | US | SBAC | 7,630 | $1,259,865.60 |
| 78442PGC4 | SLM CORP 5.12500 04/05/2022 | US | 220,000 | $218,900.00 | |
| 785592AV8 | SABINE PASS LIQUEFACTION 5.87500 06/30/2026 | US | 4,400,000 | $4,718,975.84 | |
| 80282KAS5 | SANTANDER HOLDINGS USA 3.40000 01/18/2023 | US | 3,260,000 | $3,147,578.12 | |
| 806857108 | SCHLUMBERGER LTD | NL | SLB | 68,743 | $4,607,843.29 |
| 808513105 | CHARLES SCHWAB CORP/THE | US | SCHW | 79,350 | $4,054,785.00 |
| 81211K100 | SEALED AIR CORP | US | SEE | 66,900 | $2,839,905.00 |
| 812578102 | SEATTLE GENETICS INC | US | SGEN | 52,680 | $3,497,425.20 |
| 81663AAD7 | SEMGROUP CORP 6.37500 03/15/2025 | US | 310,000 | $294,500.00 | |
| 81745CAB9 | SEMT 2013-7 A2 3.00000 06/25/2043 | US | 734,688.17 | $708,482.58 | |
| 81745EAA7 | SEMT 2013-8 A1 3.00000 06/25/2043 | US | 850,768.38 | $823,534.43 | |
| 81745MAA9 | SEMT 2013-2 1.87400 02/25/2043 | US | 684,332.6 | $614,727.42 | |
| 81762P102 | SERVICENOW INC | US | NOW | 26,320 | $4,539,410.40 |
| 81783QAC9 | SEVEN GENERATIONS ENERGY 5.37500 09/30/2025 | CA | 173,000 | $166,296.25 | |
| 822538AE4 | SHELF DRILL HOLD LTD 8.25000 02/15/2025 | KY | 165,000 | $166,237.50 | |
| 828806109 | SIMON PROPERTY GROUP INC | US | SPG | 3,370 | $573,540.30 |
| 83088M102 | SKYWORKS SOLUTIONS INC | US | SWKS | 42,715 | $4,128,404.75 |
| 83401BAA4 | SOFI 2017-F A1FX 2.05000 01/25/2041 | US | 399,542.1 | $396,014.42 | |
| 83401BAB2 | SOFI 2017-F A2FX 2.84000 01/25/2041 | US | 300,000 | $292,895.64 | |
| 83404FAB0 | SOFI 2017-A A2A 1.55000 03/26/2040 | US | 479,351.29 | $475,261.42 | |
| 83405LAA8 | SCLP 2017-5 A1 2.14000 09/25/2026 | US | 1,011,051.06 | $1,005,542.15 | |
| 83406EAB1 | SOFI 2018-A A2A 2.39000 02/25/2042 | US | 869,698.3 | $864,395.75 | |
| 84265V105 | SOUTHERN COPPER CORPORATION | US | SCCO | 2,985 | $139,906.95 |
| 845467AL3 | SOUTHWESTERN ENERGY CO 6.70000 01/23/2025 | US | 204,000 | $199,665.00 | |
| 852061AK6 | SPRINT COMMUNICATIONS 9.00000 11/15/2018 | US | 73,000 | $74,460.00 | |
| 85254J102 | STAG INDUSTRIAL INC | US | STAG | 4,355 | $118,586.65 |
| 85571XAA5 | SRPT 2014-STAR A FLTG RATE 3.29325 11/15/2027 | US | 1,631,836.93 | $1,632,566.03 | |
| 866674104 | SUN COMMUNITIES | US | SUI | 2,365 | $231,486.20 |
| 867892101 | SUNSTONE HOTEL INVESTORS INC | US | SHO | 8,590 | $142,765.80 |
| 87243QAB2 | TENET HEALTHCARE CORP 6.00000 10/01/2020 | US | 95,000 | $97,612.50 | |
| 874080104 | TAL EDUCATION GROUP - ADR | CN | TAL | 1,260 | $46,368.00 |
| 87470LAA9 | TALLGRASS NRG PRTNR/FIN 5.50000 09/15/2024 | US | 239,000 | $243,780.00 | |
| 87677QAA9 | TXEZ 2016-1A 3.13100 06/15/2028 | US | 402,048.97 | $401,546.01 | |
| 87854WAA1 | TECHNIPLAS LLC 10.00000 05/01/2020 | US | 205,000 | $182,450.00 | |
| 88032WAG1 | TENCENT HOLDINGS LTD 3.59500 01/19/2028 | KY | 3,320,000 | $3,140,786.40 | |
| 88146M101 | TERRENO REALTY CORP | US | TRNO | 750 | $28,252.50 |
| 88161DAA9 | TESLA 2018-A A 2.32000 12/20/2019 | US | 1,085,768.64 | $1,082,217.31 | |
| 882508104 | TEXAS INSTRUMENTS INC | US | TXN | 21,160 | $2,332,890.00 |
| 88650V208 | TIER REIT INC | US | TIER | 4,625 | $109,982.50 |
| 89173CAA5 | TPMT 2016-5 A1 2.50000 10/25/2056 | US | 1,568,274.28 | $1,531,548.75 | |
| 89613BAA5 | TAH 2013-SFR1 A 2.58900 11/17/2033 | US | 1,187,313.39 | $1,149,007.34 | |
| 89613FAA6 | TAH 2017-SFR2 A 2.92800 01/17/2036 | US | 1,250,000 | $1,204,008.88 | |
| 896356AE2 | TRINIDAD DRILLING LTD 6.62500 02/15/2025 | CA | 281,000 | $270,462.50 | |
| 901109AF5 | TUTOR PERINI CORP 6.87500 05/01/2025 | US | 286,000 | $286,357.50 | |
| 902653104 | UDR INC | US | UDR | 6,180 | $231,997.20 |
| 903002103 | UMH PROPERTIES INC | US | UMH | 3,995 | $61,323.25 |
| 90320MAA3 | UPCB FINANCE IV LTD 5.37500 01/15/2025 | KY | 285,000 | $270,778.50 | |
| 904767704 | UNILEVER PLC - ADR | GB | UL | 67,285 | $3,719,514.80 |
| 912796PY9 | TREASURY BILL 0.00000 09/06/2018 | US | 9,225,000 | $9,193,246.81 | |
| 912810FM5 | UNITED STATES TREAS BOND 6.25000 05/15/2030 | US | 4,871,000 | $6,518,577.71 | |
| 912810PT9 | UNITED STATES TREAS BOND 4.75000 02/15/2037 | US | 7,244,000 | $9,180,921.08 | |
| 912810QV3 | UNITED STATES TREAS INFL INDEX 0.75000 02/15/2042 | US | 3,334,494.24 | $3,255,535.28 | |
| 912810RK6 | US TREASURY N/B 2.50000 02/15/2045 | US | 5,473,000 | $4,990,050.49 | |
| 912810RX8 | US TREASURY N/B 3.00000 05/15/2047 | US | 12,365,000 | $12,401,225.62 | |
| 9128283W8 | US TREASURY N/B 2.75000 02/15/2028 | US | 6,500,000 | $6,444,394.52 | |
| 912828D23 | US TREASURY N/B 1.62500 04/30/2019 | US | 18,325,000 | $18,219,774.37 | |
| 912828K33 | UNITED STATES TREAS INFL INDEX 0.12500 04/15/2020 | US | 4,536,077.22 | $4,487,709.12 | |
| 912828K58 | UNITED STATES TREAS NTS 1.37500 04/30/2020 | US | 18,517,000 | $18,137,980.16 | |
| 912828R28 | US TREASURY N/B 1.62500 04/30/2023 | US | 6,450,000 | $6,128,003.87 | |
| 912828R36 | US TREASURY N/B 1.62500 05/15/2026 | US | 6,637,000 | $6,071,040.18 | |
| 912828UH1 | UNITED STATES TREAS INFL INDEX 0.12500 01/15/2023 | US | 3,202,077.5 | $3,130,225.09 | |
| 912828X88 | US TREASURY N/B 2.37500 05/15/2027 | US | 12,808,000 | $12,334,204.03 | |
| 912828XQ8 | US TREASURY N/B 2.00000 07/31/2022 | US | 12,800,000 | $12,452,999.94 | |
| 91704F104 | URBAN EDGE PROPERTIES | US | UE | 9,560 | $218,637.20 |
| 92276F100 | VENTAS INC | US | VTR | 1,950 | $111,052.50 |
| 92339V100 | VEREIT INC | US | VER | 12,465 | $92,739.60 |
| 92343VDV3 | VERIZON COMMUNICATIONS 5.50000 03/16/2047 | US | 4,440,000 | $4,652,501.55 | |
| 92532F100 | VERTEX PHARMACEUTICALS INC | US | VRTX | 10,620 | $1,804,975.20 |
| 92826C839 | VISA INC - CLASS A SHARES | US | V | 35,070 | $4,645,021.50 |
| 92903PAC3 | VNO 2010 - VNO A2FX 4.00350 09/13/2028 | US | 350,000 | $356,732.43 | |
| 929042109 | VORNADO REALTY TRUST | US | VNO | 3,620 | $267,590.40 |
| 92960PAA7 | W/S PACKAGING HOLDINGS 9.00000 04/15/2023 | US | 235,000 | $237,937.50 | |
| 948565AC0 | WEEKLEY HOMES LLC/ FINAN 6.00000 02/01/2023 | US | 155,000 | $150,931.25 | |
| 94856TAA2 | WEEKLEY HOMES LLC/ FINAN 6.62500 08/15/2025 | US | 256,000 | $242,560.00 | |
| 94987MAB7 | WELLS FARGO COMMERCIAL MORTGAGE 4.39300 11/15/2043 | US | 545,000 | $557,902.28 | |
| 95040Q104 | WELLTOWER INC. | US | WELL | 2,355 | $147,634.95 |
| 962166104 | WEYERHAEUSER CO | US | WY | 2,172 | $79,191.12 |
| 962178AL3 | TRI POINTE HOLDINGS INC 4.37500 06/15/2019 | US | 170,000 | $170,884.00 | |
| 962178AN9 | TRI POINTE GROUP / HOMES 5.87500 06/15/2024 | US | 156,000 | $154,830.00 | |
| 96949LAD7 | WILLIAMS PARTNERS LP 3.75000 06/15/2027 | US | 2,245,000 | $2,119,788.34 | |
| 97651JAE6 | WINWATER MORTGAGE LOAN TRUST 3.50000 03/20/2045 | US | 761,919.63 | $762,806.81 | |
| 97652TAA1 | WIN 2015-1 A1 3.50000 01/20/2045 | US | 887,914.72 | $872,461.90 | |
| 98919V105 | ZAYO GROUP HOLDINGS INC | US | ZAYO | 102,650 | $3,744,672.00 |
| AN7903213 | SONGA BULK ASA 6.83263 06/13/2022 | NO | 200,000 | $207,728.00 | |
| AP0787667 | MPC CONTAINER SHIPS FLT 7.08188 09/22/2022 | NL | 200,000 | $205,102.00 | |
| AP8694550 | BOREALIS FINANCE LLC 7.50000 11/16/2022 | MH | 400,000 | $394,500.00 | |
| B0190C7 | TECHTRONIC INDUSTRIES CO LTD | HK | 669 HK | 8,000 | $44,431.14 |
| B02J639 | ADMIRAL GROUP PLC | GB | ADM LN | 1,890 | $47,500.00 |
| B037JC2 | NEXITY | FR | NXI FP | 3,130 | $197,600.09 |
| B0386J1 | JYSKE BANK-REG | DK | JYSK DC | 2,060 | $112,599.43 |
| B06JSP1 | SYDBANK A/S | DK | SYDB DC | 2,985 | $102,326.60 |
| B09DHL9 | MTU AERO ENGINES HOLDING AG | DE | MTX GR | 270 | $51,716.26 |
| B09M9D2 | KONE OYJ-B | FI | KNEBV FH | 950 | $48,303.31 |
| B11TCY0 | SCHINDLER HOLDING-PART CERT | CH | SCHP SW | 225 | $48,308.15 |
| B11ZRK9 | LEGRAND SA | FR | LR FP | 2,465 | $180,554.32 |
| B138HB7 | KAUFMAN & BROAD SA | FR | KOF FP | 3,200 | $150,693.52 |
| B13X013 | EIFFAGE | FR | FGR FP | 1,855 | $201,533.87 |
| B15C557 | TOTAL SA | FR | FP FP | 2,570 | $156,065.40 |
| B19NLV4 | EXPERIAN PLC | GB | EXPN LN | 2,010 | $49,583.89 |
| B1CRLC4 | MONDI PLC | GB | MNDI LN | 1,830 | $49,369.85 |
| B1FW751 | GALP ENERGIA SGPS SA | PT | GALP PL | 10,640 | $202,411.91 |
| B1HDJL2 | NATIXIS | FR | KN FP | 23,345 | $165,179.04 |
| B1KFX13 | GRUPO AEROPORTUARIO DEL CENT | MX | OMAB MM | 10,500 | $54,836.17 |
| B1WGG93 | GEBERIT AG-REG | CH | GEBN SW | 390 | $166,983.94 |
| B1WY233 | SMITHS GROUP PLC | GB | SMIN LN | 2,190 | $48,918.97 |
| B1XFTL2 | HEXAGON AB-B SHS | SE | HEXAB SS | 2,580 | $143,363.28 |
| B1XH026 | VINCI SA | FR | DG FP | 4,485 | $430,520.85 |
| B1Y9TB3 | DANONE | FR | BN FP | 2,286 | $166,906.76 |
| B1YVKN8 | ANTA SPORTS PRODUCTS LTD | CN | 2020 HK | 27,180 | $143,328.50 |
| B232R05 | SK INNOVATION CO LTD | KR | 096770 KS | 605 | $109,582.66 |
| B249GC0 | MATSUMOTOKIYOSHI HOLDINGS CO | JP | 3088 JP | 2,300 | $103,209.78 |
| B283W97 | CAIXABANK S.A | ES | CABK SM | 46,540 | $200,321.68 |
| B3FP8W8 | CANADA HOUSING TRUST 4.10000 12/15/2018 | CA | 338,000 | $259,948.78 | |
| B3MPN59 | SUN ART RETAIL GROUP LTD | HK | 6808 HK | 43,000 | $56,096.60 |
| B3MSM28 | AMADEUS IT HOLDING SA-A SHS | ES | AMS SM | 630 | $49,538.51 |
| B3NB1P2 | SUNCOR ENERGY INC | CA | SU CN | 2,735 | $111,301.49 |
| B3ZD2V9 | MEX BONOS DESARR FIX RT 6.50000 06/10/2021 | MX | 3,460,000 | $168,659.81 | |
| B4888C1 | CANADIAN GOVERNMENT FLT 2.75000 06/01/2022 | CA | 433,000 | $338,211.98 | |
| B4NDCC9 | MEX BONOS DESARR FIX RT 6.50000 06/09/2022 | MX | 5,621,000 | $271,485.79 | |
| B4Q2TX3 | CHINA LONGYUAN POWER GROUP-H | CN | 916 HK | 237,000 | $190,384.83 |
| B4R2R50 | JULIUS BAER | CH | BAER SW | 5,810 | $340,300.24 |
| B4WTBY3 | HUANENG RENEWABLES CORP-H | CN | 958 HK | 500,000 | $165,731.68 |
| B4YN9R2 | SINGAPORE GOVERNMENT 2.50000 06/01/2019 | SG | 739,000 | $545,804.52 | |
| B4YVF56 | BRENNTAG AG | DE | BNR GR | 2,193 | $121,846.87 |
| B607XS1 | VERMILION ENERGY INC | CA | VET CN | 2,995 | $108,008.18 |
| B615Y14 | MEX BONOS DESARR FIX RT 8.00000 06/11/2020 | MX | 8,562,000 | $433,345.56 | |
| B61JC67 | TREASURY WINE ESTATES LTD | AU | TWE AU | 15,990 | $205,440.03 |
| B63QM77 | NEXON CO LTD | JP | 3659 JP | 11,200 | $162,504.91 |
| B6TC406 | MEX BONOS DESARR FIX RT 7.75000 05/29/2031 | MX | 1,081,000 | $54,963.75 | |
| B7VQL46 | FNAC DARTY SA | FR | FNAC FP | 1,445 | $136,973.69 |
| BB22L96 | KION GROUP AG | DE | KGX GR | 1,785 | $128,126.46 |
| BBG00J8JCGT8 | BABA US 07/20/18 P185 | CN | -81 | -$41,715.00 | |
| BBG00KWNZGX9 | SCHW US 06/29/18 P51.5 | US | -223 | -$4,460.00 | |
| BBG00KZ9KMK4 | QRVO US 07/20/18 P75 | US | -153 | -$9,333.00 | |
| BBG00KZB2V74 | REGN US 07/20/18 C360 | US | -31 | -$15,500.00 | |
| BBG00KZD4H15 | SGEN US 07/20/18 P60 | US | -192 | -$7,680.00 | |
| BBG00L3N2DV4 | FB US 07/27/18 P180 | US | -83 | -$13,861.00 | |
| BD4TZK8 | OCI NV | NL | OCI NA | 4,185 | $112,382.09 |
| BD6K457 | COMPASS GROUP PLC | GB | CPG LN | 2,300 | $49,025.90 |
| BD82246 | EAGLE BULK SHIPCO 8.25000 11/28/2022 | MH | 200,000 | $203,000.00 | |
| BD97BN2 | ATLAS COPCO AB-A SHS | SE | ATCOA SS | 1,220 | $35,331.88 |
| BDQZ7T7 | WISDOM EDUCATION INTERNATION | CN | 6068 HK | 110,000 | $95,578.93 |
| BDZV116 | EPIROC AB-A | SE | EPIA SS | 15,840 | $166,221.19 |
| BF2DSG3 | SIKA AG-REG | CH | SIKA SW | 600 | $82,901.77 |
| BF955D8 | TELENET FINANCE LUX NOTE 5.50000 03/01/2028 | LU | 400,000 | $364,000.00 | |
| BFMDQ58 | REPSOL SA-RTS | ES | 8,125 | $4,612.30 | |
| BFYFZP5 | FERGUSON PLC | CH | FERG LN | 606.32 | $49,055.63 |
| BFYM460 | UNIBAIL-RODAMCO-WESTFIELD | FR | URW NA | 1,120 | $246,611.62 |
| BGHQ198 | HIBERNIA REIT PLC | IE | HBRN ID | 61,910 | $108,447.88 |
| BH4TZ73 | FU SHOU YUAN INTERNATIONAL | CN | 1448 HK | 151,640 | $170,664.52 |
| BMMV2K8 | TENCENT HOLDINGS LTD | CN | 700 HK | 51,388 | $2,580,469.12 |
| BNBNSG0 | EURONEXT NV | NL | ENX FP | 3,685 | $233,510.15 |
| BNGN9Z1 | FINECOBANK SPA | IT | FBK IM | 17,380 | $195,647.93 |
| BP9DL90 | INDUSTRIA DE DISENO TEXTIL | ES | ITX SM | 95,695 | $3,258,812.76 |
| BQRRZ00 | RECRUIT HOLDINGS CO LTD | JP | 6098 JP | 1,800 | $49,713.59 |
| BSBMKM2 | CHINA MAPLE LEAF EDUCATIONAL | CN | 1317 HK | 52,000 | $93,377.49 |
| BVSS790 | ELIS SA | FR | ELIS FP | 6,715 | $153,560.87 |
| BYM4063 | BECLE SAB DE CV | MX | 33,260 | $47,929.97 | |
| BYPC1T4 | ASSA ABLOY AB-B | SE | ASSAB SS | 2,300 | $48,786.69 |
| BYQ32R1 | NEMAK SAB DE CV | MX | 139,500 | $95,878.70 | |
| BYWPGC4 | CHINA YUHUA EDUCATION CORP L | CN | 6169 HK | 66,000 | $46,693.91 |
| BYXS699 | QIAGEN N.V. | NL | QIA GR | 2,512 | $91,058.04 |
| BYY8LS2 | MAISONS DU MONDE SA | FR | MDM FP | 2,605 | $95,796.05 |
| BYYHL23 | ANHEUSER-BUSCH INBEV SA/NV | BE | ABI BB | 65,770 | $6,633,897.95 |
| BYZ43T4 | EUROBANK ERGASIAS SA | GR | EUROB GA | 96,190 | $100,016.10 |
| BYZFYS3 | SPIE SA | FR | SPIE FP | 9,535 | $192,999.84 |
| BYZFZ91 | SOPHOS GROUP PLC | GB | SOPH LN | 19,550 | $164,387.66 |
| BYZWX76 | CRODA INTERNATIONAL PLC | GB | CRDA LN | 3,116 | $196,859.72 |
| BZ3C3Q4 | BANKIA SA | ES | BKIA SM | 25,677 | $95,751.45 |
| BZCNN35 | BANCO COMERCIAL PORTUGUES-R | PT | BCP PL | 280,845 | $83,981.61 |
| G02602103 | AMDOCS LTD | GG | DOX | 3,605 | $238,614.95 |
| G06242104 | ATLASSIAN CORP PLC-CLASS A | AU | TEAM | 533 | $33,323.16 |
| G27358103 | DESPEGAR.COM CORP | AR | DESP | 1,245 | $26,107.65 |
| G3157S106 | ENSCO INTERNATIONAL INC | US | ESV | 218,150 | $1,583,769.00 |
| G37585AC3 | GASLOG LTD 8.87500 03/22/2022 | BM | 272,000 | $282,200.00 | |
| G5960L103 | MEDTRONIC INC | IE | MDT | 72,150 | $6,176,761.50 |
| G68707101 | PAGSEGURO DIGITAL LTD-CL A | BR | PAGS | 1,090 | $30,247.50 |
| G97822103 | PERRIGO CO PLC | IE | PRGO | 2,530 | $184,462.30 |
| H8817H100 | TRANSOCEAN LTD | US | RIG | 167,270 | $2,248,108.80 |
| N47279109 | INTERXION HOLDING NX | NL | INXN | 4,595 | $286,819.90 |
| N72482123 | QIAGEN N.V. ADR | NL | QGEN | 1,761 | $63,677.76 |
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.
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