Investment Objective

To manage against capital risk while generating income and pursuing long-term capital growth.

Investment Strategy

A globally diversified multi-asset class portfolio constructed using a strategic blend of proprietary Manning & Napier mutual funds while utilizing both top down and bottom up analysis.

Stock exposure can range from 35% - 65%, and is focused on income-oriented securities (such as dividend-paying and dividend growth companies) as well as real estate securities (such as REITs - real estate investment trusts) with the potential for exposure, to a lesser degree, in emerging markets and companies that we believe are positioned to benefit from higher prices in an inflationary environment.

Bond exposure can range from 35% - 65%, and is focused on investment grade bonds, with exposure to a somewhat lesser degree in high yield bonds. Sector exposure can vary, with the flexibility to build concentrated exposure across fixed income sectors based on market conditions.

May be Appropriate for Investors

  • Who are near retirement, or who have an investment time frame of 3–10 years
  • Who have a focus on stability and income, with a moderate tolerance for capital risk
  • Who prefer to take advantage of professional management through a single, diversified investment portfolio

A Focus on Income

This Series is designed to meet investors' income needs by addressing today’s environment and allowing for the flexibility to adjust to tomorrow’s market conditions. Strategic Income Moderate Series aims to provide income over time by way of a meaningful exposure to income-oriented equity securities. Additionally, the portfolio includes a notable allocation to fixed income in an effort to enhance income generation and provide some stability.

Daily Price

$10.94

Daily $ Change

-$0.04

Daily % Change

-0.37%

as of 04/24/2018

Ticker

MSMSX

CUSIP

56382P211

Inception Date

08/01/2012

Investment Minimum

$2,000.00

Investment minimum may be waived for certain qualified retirement plans and participants in an automatic investment program.

Important Documents

Summary Prospectus
Prospectus
Statement of Additional Information
Annual Report
Semi-Annual Report
Fact Sheet
Applications & Forms
XBRL-05/11/17

Annualized Performance

As of 03/31/2018

YTD

-2.26%

1 Year

5.22%

3 Year

4.94%

5 Year

5.52%

10 Year

---

Inception
(08/01/2012)

6.52%

Market Cycle

---

Performance data quoted represents past performance and does not guarantee future results. 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 1.45%
Net 0.89%*

*Includes a shareholder servicing fee of 0.25% and acquired fund fees and expenses of the underlying Series. Reflects the Advisor’s contractual agreement to limit its fees and reimburse certain expenses. The contractual waiver may not be amended or terminated prior to the expiration date (04/30/2018) without the approval of the Fund’s Board of Directors.

Top Ten Investments

As of 03/31/2018

TREASURY NOTES 5.74%
GOVERNMENT AGENCY 4.88%
TREASURY BONDS 3.79%
JP MORGAN CHASE & CO 1.59%
JOHNSON & JOHNSON 1.39%
INTEL CORP 1.29%
WELLS FARGO COMPANY 1.28%
MERCK & CO INC 0.97%
WAL MART STORES 0.95%
TEXAS INSTRUMENTS INC 0.81%

Top Ten Investments list is unaudited and excludes cash.

Sector Allocation

As of 03/31/2018

Consumer Discretionary 3.68%
Consumer Staples 4.50%
Energy 2.81%
Financials 7.20%
Health Care 5.94%
Industrials 6.83%
Information Technology 6.17%
Materials 2.67%
Real Estate 9.78%
Utilities 0.74%
Long Term Fixed Income 10.77%
Intermediate Term Fixed Income 24.78%
Short Term Fixed Income 13.01%
Cash 1.12%

The “Other” category contains securities such as ETFs and others that cannot otherwise be classified. The Global Industry Classification Standard (GICS) was developed by and is the exclusive property and a service mark of MSCI Inc. (MSCI) and Standard & Poor’s, a division of The McGraw-Hill Companies, Inc. (S&P) and is licensed for use by Manning & Napier when referencing GICS sectors. Nether MSCI, S&P nor any third party involved in making or compiling the GICS or any GICS classifications makes any express or implied warranties or representations with respect to such standard or classification nor shall any such party have any liability therefrom.

Asset Allocation

As of 03/31/2018

Stocks 50.32%
Bonds 48.56%
Cash 1.12%

Credit Quality Distribution

As of 03/31/2018

AAA 47.31%
AA 3.88%
A 8.03%
BBB 22.90%
BB 6.83%
B 5.15%
CCC 0.59%
NR 5.31%

Credit quality ratings are measured on a scale that generally ranges from AAA (highest) to D (lowest). Not Rated (NR) is used to classify securities for which a rating is not available. Credit quality ratings for each issue are obtained from Bloomberg using ratings derived from Moody’s Investors Services (Moody’s) or Standard & Poor’s. When ratings from Moody’s are not available, ratings from Standard & Poor’s are used.

March Fund Holdings

As of 03/31/2018

CUSIP Security Description Country Ticker Shares/Par Market Value (USD)
00163UAB2 AMAG PHARMACEUTICALS INC 7.87500 09/01/2023 US 21,893.02 $21,619.36
00206RCK6 AT&T INC FLT 3.23200 06/30/2020 US 31,948.88 $32,284.96
00206RDC3 AT&T INC FLT 4.45000 04/01/2024 US 14,456.87 $14,921.70
00206REM0 AT&T INC 3.90000 08/14/2027 US 118,662.46 $119,479.40
00254EML3 SWEDISH EXPORT CREDIT 1.12500 08/28/2019 SE 136,633.71 $134,213.92
00287Y109 ABBVIE INC US ABBV 1,844.17 $174,550.26
00289XAA7 ABENGOA YIELD PLC 7.00000 11/15/2019 GB 49,500.8 $51,109.57
004239109 ACADIA REALTY TRUST US AKR 629.52 $15,486.21
00772BAF8 AERCAP IRELAND CAP LTD/A 4.50000 05/15/2021 IE 137,361.4 $140,703.82
008492100 AGREE REALTY CORP US ADC 286.04 $13,741.24
00928QAG6 AIRCASTLE LTD 7.62500 04/15/2020 BM 13,478.43 $14,421.92
00928QAK7 AIRCASTLE LTD 6.25000 12/01/2019 BM 12,311.65 $12,804.11
009563AD9 AIRXCEL INC 8.50000 02/15/2022 US 27,323.42 $29,543.45
015271109 ALEXANDRIA REAL EST EQUITIES US ARE 254.66 $31,804.86
01609WAT9 ALIBABA GROUP HOLDING 3.40000 12/06/2027 KY 218,797.26 $207,661.58
01748XAA0 ALLEGIANT TRAVEL CO 5.50000 07/15/2019 US 20,306.41 $20,611.01
020002101 ALLSTATE CORPORATION US ALL 367.47 $34,836.52
02005NAT7 ALLY FINANCIAL INC 3.50000 01/27/2019 US 35,630.97 $35,675.51
02005NBE9 ALLY FINANCIAL INC 3.25000 11/05/2018 US 9,984.03 $9,996.51
02007CAE2 ALLYA 2016-1 A4 1.73000 11/16/2020 US 2,995.21 $2,968.64
02007MAC4 ALLYA 2018-1 A1 1.75000 02/15/2019 US 11,938.15 $11,938.32
02155EAA6 CEQUEL COM HLDG I/ CAP CP 7.75000 07/15/2025 US 21,232.62 $22,453.49
02155FAC9 ALTICE US FINANCE I CORP 5.50000 05/15/2026 US 19,810.82 $19,363.09
0237400 DIAGEO PLC GB DGE LN 3,558.07 $120,332.49
024835100 AMERICAN CAMPUS COMMUNITIES US ACC 805.39 $31,104.33
0258M0DU0 AMERICAN EXPRESS CREDIT FLRT 2.67363 05/26/2020 US 29,952.08 $30,216.79
02665T306 AMERICAN HOMES 4 RENT- A US AMH 2,350.83 $47,204.60
02666TAA5 AMERICAN HOMES 4 RENT 4.25000 02/15/2028 US 110,949.4 $108,722.97
026874784 AMERICAN INTL GROUP INC US AIG 566.75 $30,842.68
026874CY1 AMERICAN INTL GROUP 4.12500 02/15/2024 US 85,140.32 $86,395.73
03027XAF7 AMERICAN TOWER CORP 2.80000 06/01/2020 US 15,974.44 $15,856.77
03063NAA5 AMERICOLD LLC TRUST 3.84730 01/14/2029 US 2,570.73 $2,603.29
03064D108 AMERICOLD REALTY TRUST US COLD 711.8 $13,581.17
031162100 AMGEN INC US AMGN 819.39 $139,689.55
03349M105 ANDEAVOR US ANDV 304.92 $30,662.68
034863AT7 ANGLO AMERICAN CAPITAL 4.00000 09/11/2027 GB 114,805.93 $110,099.28
03748R101 APARTMENT INVT & MGMT CO -A US AIV 958.29 $39,050.29
037612306 APOLLO GLOBAL MANAGMENT - A US APO 1,616.37 $47,876.99
037833100 APPLE COMPUTER INC US AAPL 722.6 $121,237.68
039483102 ARCHER DANIELS MIDLAND CO US ADM 1,008.98 $43,759.32
04014Y101 ARES MANAGEMENT LP US ARES 1,612.54 $34,508.39
04621WAC4 ASSURED GUARANTY US HLDG 5.00000 07/01/2024 US 42,731.63 $45,552.07
053015103 AUTOMATIC DATA PROCESSING US ADP 713.18 $80,931.42
053484101 AVALONBAY COMMUNITIES INC US AVB 584.8 $96,176.42
054937107 BB & T CORPORATION US BBT 1,278.56 $66,536.47
055622104 BP PLC-SPONS ADR GB BP 3,564.88 $144,520.20
05582QAB3 BMWOT 2016-A A2A 0.99000 05/28/2019 US 750.86 $750.13
05582QAD9 BMWOT 2016-A A3 1.16000 11/25/2020 US 73,936.55 $73,223.10
05604LAA0 BWAY 2015-1740 A 2.91700 01/10/2035 US 23,732.49 $22,930.28
060505104 BANK OF AMERICA CORP US BAC 7,334.15 $219,951.06
06051GFM6 BANK OF AMERICA CORP 4.00000 01/22/2025 US 87,810.22 $87,637.48
06416CAB4 BANK OF NOVA SCOTIA 1.85000 04/14/2020 CA 17,971.25 $17,645.33
06652K103 BANKUNITED INC US BKU 970.42 $38,797.41
086516101 BEST BUY INC US BBY 441.65 $30,911.21
09253U108 BLACKSTONE GROUP LP/THE US BX 1,585.72 $50,663.61
09627J102 BLUEROCK RESIDENTIAL GROWTH US 1,241.63 $10,553.86
096630AE8 BOARDWALK PIPELINES LP 5.95000 06/01/2026 US 198,031.33 $212,224.57
097023105 BOEING CO US BA 575.8 $188,792.97
0989529 ASTRAZENECA PLC GB AZN LN 1,068.36 $73,439.99
101121101 BOSTON PROPERTIES INC US BXP 521.74 $64,289.19
105368203 BRANDYWINE REALTY TRUST US BDN 1,584.54 $25,162.50
105756BV1 FED REPUBLIC OF BRAZIL 4.25000 01/07/2025 BR 5,191.69 $5,168.33
110122108 BRISTOL MYERS SQUIBB CO US BMY 1,782.44 $112,739.30
11133T103 BROADRIDGE FINANCIAL SOLUTIONS US BR 298.49 $32,741.66
12467AAD0 C&S GROUP ENTERPRISES 5.37500 07/15/2022 US 42,912.86 $40,439.79
12541W209 C.H. ROBINSON WORLDWIDE INC US CHRW 353.03 $33,082.83
125896100 CMS ENERGY CORP US CMS 1,429.02 $64,720.20
12592BAB0 CNH INDUSTRIAL CAPITAL L 3.37500 07/15/2019 US 19,282.65 $19,234.44
12592TAA3 COMM 2015-3BP A FLT 3.17800 02/10/2035 US 23,732.49 $23,381.60
12623EAF8 CHN INDUSTRIAL CAPITAL L 3.62500 04/15/2018 US 7,388.18 $7,390.03
126304AK0 CSC HOLDINGS LLC 7.62500 07/15/2018 US 1,138.18 $1,157.76
126307AC1 CSC HOLDINGS LLC 8.62500 02/15/2019 US 7,987.22 $8,332.03
126307AH0 CSC HOLDINGS LLC 5.25000 06/01/2024 US 43,277.77 $41,167.98
12646XAH5 CSMC 2013-IVR3 A1 2.50000 05/25/2043 US 15,979.25 $14,839.48
12647MBY0 CSMC 2013-6 2A1 3.50000 08/25/2043 US 53,219.22 $52,863.71
126650100 CVS HEALTH CORP US CVS 1,500.54 $93,348.52
12673P105 CA INC US CA 985.71 $33,415.54
12770QAA3 CZR 2017-VICI A 3.53100 10/15/2034 US 33,818.8 $34,137.39
13063DAD0 CALIFORNIA ST 2.36700 04/01/2022 US 5,990.42 $5,926.20
134429109 CAMPBELL SOUP CO US CPB 2,201.49 $95,346.57
14041NFF3 CAPITAL ONE MULTI-ASSET 1.33000 06/15/2022 US 13,326.68 $13,096.65
14149Y108 CARDINAL HEALTH INC US CAH 662.41 $41,519.60
14312QAB2 CARMX 2016-4 A2 1.21000 11/15/2019 US 4,976.73 $4,965.29
14314EAB7 CARMX 2016-3 A2A 1.17000 08/15/2019 US 1,817.99 $1,817.17
14314JAB6 CARMX 2017-1 A2 1.54000 02/18/2020 US 9,396.56 $9,370.83
14314MAC7 CARMX 2016-2 A3 1.52000 02/16/2021 US 13,756.59 $13,645.55
14314WAD3 CARMX 2017-3 A3 1.97000 04/15/2022 US 15,175.72 $14,957.75
14912Y202 CATCHMARK TIMBER TRUST INC US CTT 11,492.72 $143,314.26
149806AA9 CAZ 2015-1A A 2.00000 12/10/2023 US 5,257.82 $5,251.24
156504AH5 CENTURY COMMUNITIES 5.87500 07/15/2025 US 41,841.81 $39,854.32
159864AC1 CHARLES RIVER LABORITORIES 5.50000 04/01/2026 US 14,522.86 $14,722.55
16411QAA9 CHENIERE ENERGY PARTNERS 5.25000 10/01/2025 US 21,727.82 $21,429.07
16412XAD7 CHENIERE CORP CHRISTI HD 7.00000 06/30/2024 US 18,071.72 $19,991.84
165183AL8 CFII 2017-2A A1 1.99000 05/15/2029 US 53,915.95 $53,348.90
165240102 CHESAPEAKE LODGING TRUST US CHSP 1,111.8 $30,919.24
166764100 CHEVRON CORP US CVX 939.76 $107,170.47
166764AE0 CHEVRON CORP 1.71800 06/24/2018 US 35,742.81 $35,687.86
168863AU2 REPUBLIC OF CHILE 5.50000 08/05/2020 CL 7,188,498.33 $12,395.67
17275R102 CISCO SYSTEMS INC US CSCO 5,740.4 $246,205.57
172967424 CITIGROUP INC US C 2,665.57 $179,925.90
172967EW7 CITIGROUP INC 8.12500 07/15/2039 US 109,169.46 $165,315.87
17305EFS9 CCCIT 2014-A6 A6 2.15000 07/15/2021 US 15,015.97 $14,932.73
189054109 CLOROX COMPANY US CLX 303.34 $40,377.50
19238VAG0 COGECO CABLE INC 4.87500 05/01/2020 CA 12,021.19 $12,051.24
194162103 COLGATE-PALMOLIVE CO US CL 1,268.22 $90,906.21
19625JAA1 CAH 2015-1A A 2.91794 07/17/2032 US 39,191.26 $39,314.85
19625W104 COLONY NORTHSTAR INC-CLASS A US CLNS 9,502.36 $53,403.24
198280AB5 COLUMBIA PIPELINE GROUP 2.45000 06/01/2018 US 13,977.64 $13,968.71
198287203 COLUMBIA PROPERTY TRUST INC US CXP 785.11 $16,063.38
199908104 COMFORT SYSTEMS US FIX 1,591.68 $65,656.67
20369C106 COMMUNITY HEALTHCARE TRUST I US CHCT 3,874.59 $99,731.95
2099084 BORALEX INC -A CA BLX CN 1,919.55 $33,329.72
21871N101 CORECIVIC INC US CXW 3,991.4 $77,912.19
219350105 CORNING INC US GLW 1,733.93 $48,342.02
21987BAK4 CODELCO INC 5.62500 09/21/2035 CL 95,523.28 $109,494.54
21987BAV0 CODELCO INC 4.50000 09/16/2025 CL 31,948.88 $33,275.69
222795106 COUSINS PROPERTIES INC US CUZ 7,542.45 $65,468.48
22282E102 COVANTA HOLDING CORP US CVA 5,360.94 $77,733.70
22530LAA4 CAALT 2017-1A A 2.56000 10/15/2025 US 27,555.07 $27,408.28
22663AAA7 ORTHO-CLINICAL DIAGNOSTI 6.62500 05/15/2022 US 21,244.94 $20,713.82
22822V101 CROWN CASTLE INTL CORP US CCI 1,147.32 $125,758.17
22944PAA5 CSMC 2013-TH1 A1 2.13000 02/25/2043 US 14,666.95 $13,703.66
229663109 CUBESMART US CUBE 2,123.85 $59,892.66
231021106 CUMMINS INC US CMI 334.72 $54,255.05
23311RAC0 DCP MIDSTREAM OPERATING 9.75000 03/15/2019 US 22,005.22 $23,215.50
233864AB3 DTRT 2018-1 A2 2.60000 05/15/2020 US 17,971.25 $17,969.33
237194105 DARDEN RESTAURANTS INC US DRI 296.01 $25,235.23
23918KAR9 DAVITA INC 5.00000 05/01/2025 US 40,572.92 $39,215.75
247361702 DELTA AIR LINES INC. US DAL 1,076.45 $59,000.06
253393102 DICK'S SPORTING GOODS INC US DKS 1,977.89 $69,324.91
253868103 DIGITAL REALTY TRUST INC US DLR 1,086.33 $114,477.87
256677105 DOLLAR GENERAL CORP US DG 1,350.24 $126,315.20
260003108 DOVER CORP US DOV 339.25 $33,320.74
26078J100 DOWDUPONT INC US DWDP 2,011.61 $128,159.69
262006208 DREYFUS GVT CSH MANAGEMENT US 354,792.9 $354,792.90
26780TAA5 DYNAGAS LNG PARTNERS/FIN 6.25000 10/30/2019 MH 31,447.16 $31,604.40
269246BP8 E*TRADE FINANCIAL CORP 2.95000 08/24/2022 US 57,847.95 $56,312.51
277276101 EASTGROUP PROPERTIES US EGP 125.37 $10,362.68
277432100 EASTMAN CHEM CO US EMN 311.38 $32,875.76
28140H203 EDUCATION REALTY TRUST INC US EDR 305.44 $10,003.04
28336LBR9 KINDER MORGAN INC/DELAWA 7.25000 06/01/2018 US 35,942.49 $36,178.74
291011104 EMERSON ELEC CO US EMR 1,057.45 $72,223.89
29250NAR6 ENBRIDGE INC 3.70000 07/15/2027 CA 77,302.48 $74,100.41
29372EBL1 ENTERPRISE FLEET FINANCING FLT 1.59000 02/22/2021 US 5,934.75 $5,929.69
29372EBS6 EFF 2016-2 A2 1.74000 02/22/2022 US 19,689.41 $19,592.53
29372EBT4 EFF 2016-2 A3 2.04000 02/22/2022 US 15,575.08 $15,401.05
29372EBV9 EFF 2017-1 A2 2.13000 07/20/2022 US 8,654.57 $8,607.62
29373LAA9 EFF 2018-1 A1 2.15000 03/20/2019 US 31,948.88 $31,948.88
29444U700 EQUINIX INC US EQIX 417.48 $174,563.93
294628102 EQUITY COMMONWEALTH US EQC 695.98 $21,345.75
29472R108 EQUITY LIFESTYLE PROPERTIES US ELS 381.04 $33,444.27
29476L107 EQUITY RESIDENTIAL US EQR 785.11 $48,378.56
297178105 ESSEX PROPERTY TRUST INC US ESS 133.76 $32,193.60
30161N101 EXELON CORP US EXC 1,004.91 $39,201.58
302154BV0 EXPORT-IMPORT BANK KOREA 2.62500 12/30/2020 KR 118,662.46 $116,805.04
302154CB3 EXPORT - IMPORT BANK KOREA 1.75000 05/26/2019 KR 30,814.7 $30,392.47
30216HAC3 EXPORT-IMPORT BANK CHINA 2.50000 07/31/2019 CN 29,952.08 $29,779.16
30216KAA0 EXPORT-IMPORT BK INDIA 3.37500 08/05/2026 IN 11,980.83 $11,267.66
30219GAK4 EXPRESS SCRIPTS HOLDING 3.50000 06/15/2024 US 25,958.47 $25,347.00
30225T102 EXTRA SPACE STORAGE INC US EXR 541.14 $47,274.19
30231G102 EXXON MOBIL CORP US XOM 3,249.78 $242,466.08
302491303 FMC CORP US FMC 1,292.76 $98,986.51
30251JAA9 FDIC 2011-R1 A 2.67200 07/25/2026 US 2,445.65 $2,439.42
30262SAR9 FREMF 2015-K42 B FLT 3.85233 12/25/2024 US 30,133.73 $30,328.45
30263HAL5 FREMF 2011-K15 B FLT 4.94894 08/25/2044 US 10,086.31 $10,567.61
30286XAN9 FREMF 2015-K43 B FLT 3.73459 02/25/2048 US 29,722.91 $29,709.46
30291EAE4 FREMF 2013-K712 B FLT 3.36434 05/25/2045 US 26,550.94 $26,703.23
30291HAA5 FREMF 2013-K28 X2A 0.10000 06/25/2046 US 355,320.25 $1,379.85
30291YAJ9 FREMF 2014-K716 B FLT 3.95051 08/25/2047 US 10,183.71 $10,406.40
311900104 FASTENAL CO US FAST 746.57 $40,755.31
3128E5VC0 FHLM POOL D98711 4.50000 07/01/2031 US 10,890.78 $11,445.57
3128LCD86 FHLM POOL A78227 5.50000 06/01/2038 US 1,013.4 $1,104.52
3128M56M7 FHLM POOL G04176 5.50000 05/01/2038 US 944.59 $1,035.88
3128M73H7 FHLM POOL G05900 6.00000 03/01/2040 US 4,741.22 $5,316.05
3128M7FQ4 FHLM POOL G05275 5.50000 02/01/2039 US 17,084.04 $18,629.62
3128M9ZU9 FHLM POOL G07655 5.50000 12/01/2035 US 8,681.98 $9,590.77
3128MAGF0 FHLM POOL G07998 4.50000 07/01/2044 US 15,289.71 $16,084.41
3128MB4Q7 FHLM POOL G13331 5.50000 10/01/2023 US 72.76 $75.69
3128MBDP9 FHLM POOL G12610 6.00000 03/01/2022 US 1,210.96 $1,261.66
3128MBE45 FHLM POOL G12655 6.00000 05/01/2022 US 838.72 $872.29
3128MBRH2 FHLM POOL G12988 6.00000 01/01/2023 US 644.83 $673.98
3128MBUB1 FHLM POOL G13078 6.00000 03/01/2023 US 1,140.15 $1,191.60
3128MJ2U3 FHLM GOLD POOL FG G08786 4.50000 10/01/2047 US 25,640.2 $26,952.56
3128MJJN1 FHLM POOL G08268 5.00000 05/01/2038 US 49,260.96 $53,061.34
3128MJZU7 FHLM POOL G08754 4.50000 03/01/2047 US 40,395.11 $42,309.29
3128P75F6 FHLM POOL C91746 4.50000 12/01/2033 US 10,154.18 $10,689.27
3128P75P4 FHLM POOL C91754 4.50000 03/01/2034 US 7,893.61 $8,300.70
3128P75V1 FHLM POOL C91760 3.50000 05/01/2034 US 12,214.64 $12,445.76
3128P76G3 FHLM POOL C91771 4.50000 06/01/2034 US 9,997.01 $10,608.94
3128P76R9 FHLM POOL C91780 4.50000 07/01/2034 US 9,248.69 $9,781.32
3128P7QL0 FHLM POOL C91359 4.50000 02/01/2031 US 936.24 $983.86
3128P8A92 FHLM POOL C91832 3.50000 06/01/2035 US 44,751.07 $45,597.45
3128P8AL5 FHLM POOL C91811 4.00000 01/01/2035 US 5,422.16 $5,627.91
3128P8BX8 FHLM POOL C91854 4.00000 10/01/2035 US 32,156.26 $33,376.25
3128P8CH2 FHLM POOL C91872 3.50000 04/01/2036 US 14,237.03 $14,505.88
312941F69 FHLM POOL A92889 4.50000 07/01/2040 US 22,376.77 $23,677.98
312941ZQ3 FHLM POOL Q93451 4.50000 08/01/2040 US 57,811.23 $61,163.98
312945B80 FHLM POOL A96363 4.50000 01/01/2041 US 13,869.15 $14,665.17
3132J8YK0 FHLM POOL Q17513 3.50000 04/01/2043 US 13,122.65 $13,222.16
3132LNE34 FHLM POOL K92054 4.00000 10/01/2034 US 3,536.37 $3,683.78
3132QUNJ8 FHLM POOL Q37592 4.00000 12/01/2045 US 55,264.78 $56,909.18
3132QUWT6 FHLM POOL Q37857 4.00000 12/01/2045 US 44,685.03 $45,982.30
3132QVKA8 FHLM POOL Q38388 4.00000 01/01/2046 US 53,114.09 $54,784.94
3132QVMX6 FHLM POOL Q38473 4.00000 01/01/2046 US 21,789.18 $22,456.13
3132WDMZ4 FHLM POOL Q40375 3.50000 05/01/2046 US 22,979.92 $23,073.99
3132WL4Q6 FHLM POOL Q47130 4.50000 04/01/2047 US 24,667.65 $25,836.56
3132WPDP9 FHLM GOLD POOL FG Q49109 4.00000 07/01/2047 US 24,108.65 $24,777.07
3132XSLZ1 FHLM GOLD POOL FG Q50343 4.00000 08/01/2047 US 26,444.13 $27,170.16
31335A5Q7 FHLM POOL G60855 4.50000 12/01/2045 US 22,337.79 $23,419.33
31335ACG1 FHLM POOL G60071 4.50000 07/01/2042 US 22,341.82 $23,634.87
31335AFY9 FHLM POOL G60183 4.00000 12/01/2044 US 31,328.33 $32,233.18
31335ALX4 FHLM POOL G60342 4.50000 05/01/2042 US 13,303.66 $14,073.37
31335ASA7 FHLM POOL G60513 5.00000 07/01/2041 US 53,036.47 $57,171.70
31336WBS7 FHLM POOL G11850 5.50000 07/01/2020 US 1,793.54 $1,821.47
3137A2B34 FHMS K009 X1 FLT 1.29512 08/25/2020 US 36,295.23 $921.10
3137ADTK3 FHMS K014 X1 FLT 1.17939 04/25/2021 US 465,179.33 $14,076.09
3137AJMG6 FMHS K016 X1 FLT 1.52075 10/25/2021 US 87,259.32 $3,854.29
3137AL6W4 FHMS K706 X1 FLT 1.54720 10/25/2018 US 121,481.74 $656.33
3137AME78 FHMS K017 X1 FLT 1.34561 12/25/2021 US 137,842.19 $5,606.80
3137ATSC7 FEDERAL NATL MTG ASSN KP01 A2 1.72000 01/25/2019 US 1,575.21 $1,569.56
3137AUPF0 FHMS K021 x1 FLT 1.46192 06/25/2022 US 616,158.19 $31,105.08
3137B36J2 FHMS K029 A2 3.32000 02/25/2023 US 53,398.11 $54,393.65
3137B3NB0 FHMS K030 X1 FLT 0.20508 04/25/2023 US 1,047,012.26 $9,435.99
3137B4GZ3 FHMS K032 X1 FLT 0.10903 05/25/2023 US 614,857.66 $3,365.55
3137B4WB8 FHMS K033 A2 3.06000 07/25/2023 US 51,618.17 $51,907.27
3137B5KW2 FHMS K035 A2 3.45800 08/25/2023 US 112,432.68 $115,274.62
3137BPVZ9 FHMS K055 A1 2.26300 04/25/2025 US 33,896.82 $32,924.21
3137BT7J4 FHMS KJ10 A2 2.91200 12/25/2023 US 83,063.72 $82,712.25
3137BWVV3 FHMS KJ13 A2 2.86400 08/25/2022 US 106,796.21 $106,807.63
3138A5JC7 FEDERAL NATL MTG ASSN AH3858 4.50000 08/01/2041 US 35,731.09 $37,799.79
3138AJXA5 FEDERAL NATL MTG ASSN A15172 4.00000 08/01/2041 US 7,738.76 $7,999.84
3138ATF70 FEDERAL NATL MTG ASSN AJ1989 4.50000 10/01/2041 US 8,503.21 $8,992.25
3138EQST0 FEDERAL NATL MTG ASSN AL7729 4.00000 06/01/2043 US 10,712.42 $11,072.25
3138ETT89 FEDERAL NATL MTG ASSN AL8674 FLT 5.65200 01/01/2049 US 41,668.17 $45,145.40
3138WDJY8 FEDERAL NATL MTG ASSN AS3878 4.50000 11/01/2044 US 4,413.06 $4,648.67
3138WDRZ6 FEDERAL NATL MTG ASSN AS4103 4.50000 12/01/2044 US 22,057.63 $23,339.36
3138XU4Y5 FEDERAL NATL MTG ASSN AW5338 4.50000 06/01/2044 US 4,203.59 $4,442.69
3138YNFD4 FEDERAL NATL MTG ASSN AY8263 3.00000 05/01/2035 US 25,564.17 $25,164.26
3138YNR25 FEDERAL NATL MTG ASSN AY8604 3.50000 04/01/2045 US 19,116.46 $19,204.65
31398WD50 FHMS K005 AX FLT 1.35067 11/25/2019 US 27,810.19 $539.43
31407EJW4 FEDERAL NATL MTG ASSN 828377 5.50000 06/01/2035 US 22,862.95 $25,127.68
3140E2GZ8 FEDERAL NATL MTG ASSN AZ9215 4.00000 10/01/2045 US 61,027.07 $62,802.23
3140F1BL5 FEDERAL NATL MTG ASSN BC5442 4.00000 04/01/2046 US 12,900.11 $13,247.33
3140F2QS2 FEDERAL NATL MTG ASSN BC6764 3.50000 04/01/2046 US 9,583.71 $9,614.71
3140F4UB0 FEDERAL NATL MTG ASSN BC8677 4.00000 05/01/2046 US 9,373.41 $9,625.70
3140F5T29 FEDERAL NATL MTG ASSN BC9568 4.00000 05/01/2046 US 16,285.44 $16,723.77
3140F8KD8 FEDERAL NATL MTG ASSN BD1191 3.50000 01/01/2047 US 31,948.1 $32,051.56
3140F9M51 FEDERAL NATL MTG ASSN BD2179 4.00000 07/01/2046 US 20,720.06 $21,277.76
3140FA5G3 FEDERAL NATL MTG ASSN FN BD3546 4.00000 09/01/2047 US 16,643.88 $17,113.35
3140FTWF4 FEDERAL NATL MTG ASSN BE7845 4.50000 02/01/2047 US 21,538.07 $22,656.48
31410FSE6 FEDERAL NATL MTG ASSN 888017 6.00000 11/01/2021 US 911.98 $947.92
31410FV51 FEDERAL NATL MTG ASSN 888136 6.00000 12/01/2021 US 1,136.93 $1,181.07
31410GCD3 FEDERAL NATL MTG ASSN 888468 5.50000 09/01/2021 US 8,288.19 $8,532.24
31410GN33 FEDERAL NATL MTG ASSN 888810 5.50000 11/01/2022 US 9,968.68 $10,264.88
31410KGB4 FEDERAL NATL MTG ASSN 889494 5.50000 01/01/2037 US 21,182.26 $23,270.98
31410KLD4 FEDERAL NATL MTG ASSN 889624 5.50000 05/01/2038 US 3,817.45 $4,175.32
31411YN90 FEDERAL NATL MTG ASSN 918516 5.50000 06/01/2037 US 569.87 $620.67
31412SY41 FEDERAL NATL MTG ASSN 933731 5.50000 04/01/2038 US 2,765.24 $3,024.34
31416BSW9 FEDERAL NATL MTG ASSN 995233 5.50000 10/01/2021 US 507.32 $518.22
31416BVW5 FEDERAL NATL MTG ASSN 995329 5.50000 12/01/2021 US 5,630.62 $5,788.34
31416CJV9 FEDERAL NATL MTG ASSN 995876 6.00000 11/01/2038 US 11,286.04 $12,680.31
31416RBE2 FEDERAL NATL MTG ASSN AA7236 4.00000 06/01/2039 US 4,043.35 $4,179.01
31417YDV6 FHLM POOL MA0115 4.50000 07/01/2029 US 385.22 $406.96
31418B2V7 FEDERAL NATL MTG ASSN MA2587 3.50000 04/01/2036 US 44,068.89 $44,890.22
31418B6G6 FEDERAL NATL MTG ASSN FN MA2670 3.00000 07/01/2046 US 23,838.08 $23,271.11
31418BBC9 FEDERAL NATL MTG ASSN MA1834 4.50000 02/01/2034 US 7,836.16 $8,278.86
31418CAF1 FEDERAL NATL MTG ASSN FN MA2705 3.00000 08/01/2046 US 68,010.12 $66,392.69
31418MKV3 FEDERAL NATL MTG ASSN AD0307 5.50000 01/01/2039 US 4,057.33 $4,447.09
31418MQQ8 FEDERAL NATL MTG ASSN AD0462 5.50000 10/01/2024 US 806.6 $843.70
315419AA9 FERROGLOBE / GLOBE SPEC 9.37500 03/01/2022 GB 30,568.54 $31,791.28
316773100 FIFTH THIRD BANCORP US FITB 2,937.41 $93,262.72
32054K103 FIRST INDUSTRIAL REALTY TR US FR 1,540.17 $45,019.29
34530QAD2 FORDO 2015-A A3 1.28000 09/15/2019 US 2,041.1 $2,038.32
34531AAE4 FORDL 2016-A A4 1.85000 07/15/2019 US 2,995.21 $2,991.22
34531GAD3 FORDL 2017-A A3 1.88000 04/15/2020 US 59,331.23 $58,985.07
345397WX7 FORD MOTOR CREDIT CO LLC FLRT 2.71698 11/04/2019 US 35,942.49 $36,172.83
345605109 FOREST CITY REALTY TRUST - A US FCE/A 1,176.54 $23,836.71
357081AE8 FREMF 2015-K720 B FLT 3.38864 07/25/2022 US 20,172.62 $20,008.53
35802XAA1 FRESENIUS MED CARE US 6.50000 09/15/2018 US 154,621.99 $156,942.94
36143WAN1 GAHR 2015-NRF BFX FLT 3.38216 12/15/2034 US 31,719.71 $31,772.07
36143WAS0 GAHR 2015-NRF DFX FLT 3.38216 12/15/2034 US 17,645.52 $17,524.78
36174X101 GGP INC US GGP 1,575.97 $32,244.29
36246MAT6 GTP AQUISITION PARTNERS 2.35000 06/15/2020 US 26,699.05 $26,389.04
36250UAD6 GMALT 2016-1 A3 1.64000 07/20/2019 US 11,001.34 $10,970.48
36251LAE3 GMALT 2016-2 A4 1.76000 03/20/2020 US 59,331.23 $58,899.61
36251MAE1 GMALT 2016-3 A4 1.78000 05/20/2020 US 15,974.44 $15,847.57
363576109 ARTHUR J GALLAGHER & CO US AJG 580.8 $39,918.69
364760108 GAP INC US GPS 1,076.34 $33,581.73
369604103 GENERAL ELEC CO US GE 1,070.91 $14,435.89
370334104 GENERAL MLS INC US GIS 1,324.45 $59,679.83
372460105 GENUINE PARTS CO US GPC 423.63 $38,058.62
374297109 GETTY REALTY CORP US GTY 1,049.28 $26,462.72
375558103 GILEAD SCIENCES INC US GILD 1,579.96 $119,113.51
37953TAB1 GLOBAL SHIP LEASE INC 9.87500 11/15/2022 MH 41,333.51 $41,498.84
37954A204 GLOBAL MEDICAL REIT INC US GMRE 1,750.12 $12,163.32
38141EA58 GOLDMAN SACHS GP GS 5.37500 03/15/2020 US 11,980.83 $12,492.41
384802104 WW GRAINGER INC US GWW 125.75 $35,494.06
388689101 GRAPHIC PACKAGING HOLDING CO US GPK 8,573.68 $131,605.97
39807UAB2 GREYSTAR REAL ESTATE PAR 5.75000 12/01/2025 US 31,209.35 $31,131.33
404119BM0 HCA INC 3.75000 03/15/2019 US 15,974.44 $16,035.14
404121AC9 HCA INC 6.50000 02/15/2020 US 15,974.44 $16,753.19
40412CAC5 HCA HEALTHCARE INC 6.25000 02/15/2021 US 8,748.13 $9,185.54
40414L109 HCP INC US HCP 2,135.14 $49,599.28
410345AL6 HANESBRANDS INC 4.87500 05/15/2026 US 21,660.66 $21,010.84
412822108 HARLEY DAVIDSON INC US HOG 652.28 $27,969.77
418056107 HASBRO INC US HAS 328.4 $27,684.31
42217KAY2 HEALTH CARE REIT INC 4.12500 04/01/2019 US 29,153.35 $29,500.16
42225P501 HEALTHCARE TRUST OF AMERICA US HTA 1,088.38 $28,787.72
427866108 HERSHEY CO/THE US HSY 413.79 $40,948.48
42805RBN8 HERTZ 2013-1A A2 1.83000 08/25/2019 US 13,312.03 $13,284.67
42806DAD1 HERTZ 2015-2A A 2.02000 09/25/2019 US 15,974.44 $15,916.02
42809H107 HESS CORP US HES 2,200.16 $111,372.04
431318AQ7 HILCORP ENERGY I/HILCORP 5.75000 10/01/2025 US 30,819.06 $30,510.87
431475AB8 HILL-ROM HOLDINGS INC 5.00000 02/15/2025 US 20,518.8 $20,339.26
437076102 HOME DEPOT INC US HD 1,300.32 $231,769.63
43814RAB2 HAROT 2016-4 A2 1.04000 04/18/2019 US 10,376.52 $10,355.40
438516106 HONEYWELL INTERNATIONAL INC US HON 863.27 $124,750.80
44053FAA8 HORIZON PHARMA INC/HORIZ 8.75000 11/01/2024 US 30,092.91 $32,048.95
44107P104 HOST MARRIOTT CORP US HST 1,376.85 $25,664.49
444454AB8 HUGHES SATELITE SYSTEMS 6.50000 06/15/2019 US 29,253.19 $30,130.79
444454AD4 HUGHES SATELLITE SYSTEMS 5.25000 08/01/2026 US 52,546.88 $51,495.94
446150104 HUNTINGTON BANCSHARES US HBAN 2,539.1 $38,340.46
44890WAD2 HART 2015-A A4 1.37000 07/15/2020 US 10,270.12 $10,233.88
44928UAE0 HALST 2015-B A4 1.66000 07/15/2019 US 4,247.19 $4,245.75
44929EAD7 HALST 2016-C A3 1.49000 02/18/2020 US 5,650.96 $5,625.11
44931PAD8 HART 2017-A A3 1.76000 08/16/2021 US 658.95 $649.81
44935AAA3 HALST 2018-A A1 1.95000 03/15/2019 US 6,855.16 $6,855.29
45031UCD1 ISTAR INC 5.25000 09/15/2022 US 30,436.02 $29,446.85
452281JC3 ISAC 2010-1 A2 2.41742 04/25/2022 US 1,473.05 $1,474.46
45378A106 INDEPENDENCE REALTY TRUST IN US IRT 2,012.78 $18,477.31
45763PAE6 INMARSAT FINANCE PLC 4.87500 05/15/2022 GB 30,463.24 $29,625.50
458140100 INTEL CORP US INTC 7,801.81 $406,318.15
459200101 INTERNATIONAL BUSINESS MACH CORP US IBM 1,004.02 $154,047.04
459745GH2 INTL LEASE FINANCE CORP 6.25000 05/15/2019 US 31,129.13 $32,197.57
46115HAL1 INTESA SANPAOLO SPA 3.87500 01/15/2019 IT 35,143.77 $35,372.73
46115HAT4 INTESA SANPAOLO SPA 5.01700 06/26/2024 IT 19,569.4 $19,302.24
46115HBD8 INTESA SANPAOLO SPA 3.87500 01/12/2028 IT 170,873.94 $161,163.69
46186YAA2 IHSFR 2015-SFR3 A FLT 3.05032 08/17/2032 US 40,420.72 $40,448.77
46187BAA1 IHSFR 2017-SFR2 A 2.65820 12/17/2036 US 11,142.01 $11,223.92
46187BAB9 IHSFR 2017-SFR2 B 2.95820 12/17/2036 US 8,420.54 $8,461.10
46187W107 INVITATION HOMES INC US INVH 1,717.95 $39,220.75
466032109 J&J SNACK FOODS CORP US JJSF 532.26 $72,685.72
46625H100 JP MORGAN CHASE & CO US JPM 4,534.24 $498,629.83
46625HHL7 JPMORGAN CHASE & CO 6.30000 04/23/2019 US 203,964.46 $211,629.44
46635GAE0 JP MORGAN CHASE COMMERCIAL MORTG 4.06980 11/15/2043 US 14,539.57 $14,834.70
46636DAE6 JPMCC 2011 - C4 A3 4.10630 07/15/2046 US 9,011.5 $9,013.76
46639GAL0 JPMMT 2013-1 1A2 3.00000 03/25/2043 US 10,025.25 $9,977.08
46640BAC8 JPMMT 2013-2 A2 3.50000 05/25/2043 US 11,276.9 $11,215.67
46641YAA1 JPMMT 2014-2 1A1 3.00000 06/25/2029 US 14,973.06 $14,914.58
46649HAC6 JPMMT 2017-6 A3 3.50000 12/25/2048 US 20,131.04 $19,971.41
46649HAE2 JPMMT 2017-6 A5 3.50000 12/25/2048 US 34,238.27 $34,243.61
478160104 JOHNSON & JOHNSON US JNJ 3,405.36 $436,396.90
47987LAA9 JONAH NRG LLC/FINANCE 7.25000 10/15/2025 US 42,277.5 $38,049.75
482480100 KLA-TENCOR CORPORATION US KLAC 247.76 $27,007.87
485170302 KANSAS CITY SOUTHERN US KSU 1,008.74 $110,810.45
493267108 KEYCORP US KEY 3,702.42 $72,382.23
494368103 KIMBERLY CLARK CORP US KMB 621.19 $68,411.10
494550AW6 KINDER MORGAN ENER PART 6.95000 01/15/2038 US 134,681.89 $162,361.72
497864AA6 KISSNER GR HLDG 8.37500 12/01/2022 CA 24,401.84 $24,889.88
500255104 KOHLS CORP US KSS 711.31 $46,597.96
500630CK2 KOREA DEVELOPMENT BANK 1.37500 09/12/2019 KR 65,321.65 $63,894.05
50065TAE3 KOREA DEVELOPMENT BANK 2.87500 08/22/2018 KR 23,318.69 $23,328.48
50212YAB0 LPL HOLDINGS INC 5.75000 09/15/2025 US 19,888.89 $19,634.31
50218LAC0 LSTAR COMMERCIAL MORTGAGE TR FLT 2.76700 01/20/2041 US 1,946.59 $1,938.19
505742AD8 LADDER CAP FIN LLLP/CORP 5.87500 08/01/2021 US 22,646.32 $23,041.72
512816109 LAMAR ADVERTISING CO US LAMR 795.47 $50,639.81
515110BU7 LANDWIRTSCH. RENTENBANK 2.37500 02/21/2020 DE 112,729.34 $112,601.95
517942108 LASALLE HOTEL PROPERTIES US LHO 653.47 $18,957.21
53223X107 LIFE STORAGE INC US LSI 161.26 $13,468.07
532457108 ELI LILLY & CO US LLY 875.89 $67,767.66
534187109 LINCOLN NATL CORP IND US LNC 490.11 $35,807.22
539439AM1 LLOYDS BANKING GROUP PLC 4.58200 12/10/2025 GB 147,373.15 $147,365.61
539830109 LOCKHEED MARTIN CORP US LMT 395.12 $133,521.80
554382101 THE MACERICH CO US MAC 310.21 $17,377.90
55616P104 MACY'S INC US M 793.25 $23,591.24
55933JAB0 MAGNACHIP SEMICONDUCTOR 6.62500 07/15/2021 US 32,380.25 $31,165.99
56585A102 MARATHON PETROLEUM CORP US MPC 743.41 $54,350.79
5671735 SANOFI-AVENTIS FR SAN FP 778.38 $62,457.36
580135101 MCDONALDS CORP US MCD 810.48 $126,743.62
58768MAC5 MBALT 2016-B A3 1.35000 08/15/2019 US 70,969.99 $70,634.20
58933Y105 MERCK & CO INC US MRK 5,612.32 $305,703.11
59001ABA9 MERITAGE HOMES CORP 5.12500 06/06/2027 US 21,297.59 $20,126.22
59022CAA1 BANK OF AMERICA CORP 2.88450 09/15/2026 US 19,213.26 $18,268.85
594918104 MICROSOFT CORP US MSFT 1,449.88 $132,330.74
59522J103 MID-AMERICA APARTMENT COMM US MAA 570.35 $52,038.86
609207105 MONDELEZ INTERNATIONAL INC US MDLZ 1,609.14 $67,149.20
6174467X1 MORGAN STANLEY 5.00000 11/24/2025 US 82,173.75 $85,930.05
61744YAG3 MORGAN STANLEY FLT 3.01070 05/08/2024 US 158,414.38 $160,955.35
61746BDM5 MORGAN STANELY 2.50000 01/24/2019 US 33,945.69 $33,885.20
61747YDX0 MORGAN STANLEY FLT 2.90031 01/27/2020 US 34,944.09 $35,378.37
620076307 MOTOROLA SOLUTIONS INC US MSI 316.34 $33,310.35
62426EAA3 MOUNTAIN PROVINCE DIAMON 8.00000 12/15/2022 CA 51,043.75 $50,979.95
624758108 MUELLER WATER PRODUCTS INC - A US MWA 6,156.36 $66,919.60
62944TAE5 NVR INC 3.95000 09/15/2022 US 115,043.78 $117,357.03
633067D34 NATIONAL BANK OF CANADA 1.40000 04/20/2018 CA 17,971.25 $17,963.03
637417106 NATIONAL RETAIL PROPERTIES US NNN 484.89 $19,036.75
63940FAA5 NAVSL 2016-2 A1 2.62150 06/25/2065 US 1,423.89 $1,425.89
63940HAA1 NAVSL 2016-3A A1 2.47150 06/25/2065 US 14,654.83 $14,672.54
63941DAA9 NAVSL 2018-2A A1 2.21817 03/25/2067 US 17,971.25 $17,964.03
64828AAA1 NRZT 2014-1A A 3.75000 01/25/2054 US 21,167.2 $21,360.63
64829DAG1 NRZT 2014-3A AFX3 3.75000 11/25/2054 US 12,808.79 $12,928.30
64829EAA2 NRZT 2015-2A A1 3.75000 08/25/2055 US 24,965.86 $25,214.38
64829LAA6 NRZT 2016-4A A1 3.75000 11/25/2056 US 16,399.93 $16,551.86
651229106 NEWELL BRANDS INC US NWL 2,383.68 $60,736.24
654106103 NIKE INC CLASS B US NKE 915.49 $60,825.22
65478WAD7 NAROT 2016-C A3 1.18000 01/15/2021 US 15,974.44 $15,780.01
66727WAA0 NORTHWEST ACQ/DOMINION 7.12500 11/01/2022 CA 49,493.47 $50,483.34
66987V109 NOVARTIS AG- REG CH NVS 867.8 $70,161.65
670346105 NUCOR CORP US NUE 641.65 $39,198.51
67087MAA4 OBP DEPOSITOR LLC TRUST 4.64620 07/15/2045 US 7,610.44 $7,852.28
67103H107 O'REILLY AUTOMOTIVE INC US ORLY 350.02 $86,586.86
680223104 OLD REPUBLIC INTL CORP US ORI 1,779.03 $38,160.26
683235AA3 ONTARIO (PROVINCE OF) 2.00000 09/27/2018 CA 26,699.05 $26,674.75
68323ADY7 ONTARIO (PROVINCE OF) 1.25000 06/17/2019 CA 23,732.49 $23,408.78
69007J106 OUTFRONT MEDIA INC US OUT 2,276.37 $42,659.14
69145LAA2 OXFORD FIN LLC/CO-ISS II 6.37500 12/15/2022 US 39,436.47 $40,323.79
693475105 PNC FINANCIAL SERVICES GROUP US PNC 278.05 $42,052.85
695156109 PACKAGING CORP OF AMERICA US PKG 208.9 $23,543.58
70014LAC4 PARK AEROSPACE HOLDINGS 4.50000 03/15/2023 KY 31,674.07 $30,011.18
70338P100 PATTERN ENERGY GROUP INC -A US PEGI 1,814.8 $31,377.91
704326107 PAYCHEX INC US PAYX 707.72 $43,588.48
713448108 PEPSICO INC US PEP 2,253.91 $246,014.56
713448CX4 PEPSICO INC 3.10000 07/17/2022 US 69,075.89 $69,456.55
71654QAU6 PETROLEOS MEXICANOS 8.00000 05/03/2019 MX 31,948.88 $33,506.39
71654QCB6 PETROLEOS MEXICANOS 6.87500 08/04/2026 MX 15,694.89 $17,248.68
71654QCJ9 PETROLEOS MEXICANOS 6.35000 02/12/2048 MX 167,314.07 $161,667.22
717081103 PFIZER INC US PFE 6,677.42 $236,981.48
71943U104 PHYSICIANS REALTY TRUST US DOC 2,901.87 $45,182.08
729640102 PLYMOUTH INDUSTRIAL REIT INC US 391.69 $6,729.30
733174AJ5 POPULAR INC 7.00000 07/01/2019 US 30,789.99 $31,405.79
741503AZ9 PRICELINE GROUP INC/THE 3.60000 06/01/2026 US 213,457.45 $209,701.82
74251V102 PRINCIPAL FINANCIAL GROUP US PFG 542.48 $33,042.55
74333KAA6 PROG 2017-SFR2 A 2.89700 12/17/2034 US 30,321.95 $29,820.89
74340W103 PROLOGIS US PLD 1,831.69 $115,378.21
744320AL6 PRUDENTIAL FINANCIAL INC 5.87500 09/15/2042 US 111,280.68 $117,122.92
74460D109 PUBLIC STORAGE INC US PSA 326.51 $65,430.30
747525103 QUALCOMM INC US QCOM 1,812.78 $100,446.31
749685103 RPM INTERNATIONAL INC US RPM 1,187.58 $56,612.10
755111507 RAYTHEON COMPANY US RTN 480.36 $103,671.11
758849103 REGENCY CENTERS CORP US REG 483.27 $28,503.38
7591EP100 REGIONS FINANCIAL CORP. US RF 2,339.82 $43,473.94
760759100 REPUBLIC SERVICES INC US RSG 624.06 $41,331.33
76169C100 REXFORD INDUSTRIAL REALITY IN US REXR 465.18 $13,392.56
77340RAK3 ROCKIES EXPRESS PIPELINE 5.62500 04/15/2020 US 51,773.12 $53,585.69
77340RAP2 ROCKIES EXPRESS PIPELINE 6.00000 01/15/2019 US 11,980.83 $12,190.50
780097AM3 RBS 4.7 07/03/18 4.70000 07/03/2018 GB 7,987.22 $8,015.54
780259107 ROYAL DUTCH SHELL PLC-ADR B NL RDS/B 1,182.9 $77,515.40
78408XAD3 SCGT 2013-SRP1 AJ FLT 3.97660 11/15/2026 US 34,686.27 $34,601.94
784423AF2 SLCLT 2004-1 A6 1.99875 05/15/2023 US 13,167.47 $13,157.69
78442FEH7 NAVIENT CORP 8.45000 06/15/2018 US 10,882.59 $10,975.09
78442FER5 NAVIENT CORP 5.50000 01/15/2019 US 2,855.43 $2,886.84
78442FET1 SLM CORP 6.12500 03/25/2024 US 20,418.96 $20,342.39
78442GNG7 SLMA 2004-10 A6A FLT RT 2.29520 04/27/2026 US 11,956.13 $12,000.62
78442PGC4 SLM CORP 5.12500 04/05/2022 US 34,896.33 $35,245.29
78445FAC9 SLMA 2008-7 A3 2.39520 04/25/2019 US 723.17 $723.17
78449PAA7 SMB 2018-A A1 FLT 1.93000 03/16/2026 US 15,974.44 $15,974.44
78469EAB5 SOFI 2014-A A2 3.02000 10/25/2027 US 10,648.56 $10,630.04
78470RAB3 SOFI 2016-E A2A 1.63000 01/25/2036 US 3,636.94 $3,613.87
78470RAC1 SOFI 2016-E A2B 2.49000 01/25/2036 US 59,331.23 $58,110.82
78471CAA7 SOFI 2017-D A1FX 1.72000 09/25/2040 US 10,453.88 $10,374.95
785592AV8 SABINE PASS LIQUEFACTION 5.87500 06/30/2026 US 51,321.51 $56,094.40
80282KAD8 SANTANDER HOLDINGS USA 2.65000 04/17/2020 US 14,976.04 $14,809.09
80282KAH9 SANTANDER HOLDINGS USA 2.70000 05/24/2019 US 37,723.64 $37,630.99
80282KAS5 SANTANDER HOLDINGS USA 3.40000 01/18/2023 US 110,356.09 $107,796.37
81211K100 SEALED AIR CORP US SEE 3,392 $145,143.69
81663AAD7 SEMGROUP CORP 6.37500 03/15/2025 US 39,438.31 $37,663.59
81745CAB9 SEMT 2013-7 A2 3.00000 06/25/2043 US 11,593.69 $11,256.70
81745EAA7 SEMT 2013-8 A1 3.00000 06/25/2043 US 16,105.59 $15,634.05
81745FAA4 SEMT 2012-3 A1 3.50000 07/25/2042 US 24,041.77 $24,031.43
81745MAA9 SEMT 2013-2 1.87400 02/25/2043 US 2,802.39 $2,561.56
81783QAC9 SEVEN GENERATIONS ENERGY 5.37500 09/30/2025 CA 20,789.29 $19,853.77
822538AE4 SHELF DRILL HOLD LTD 8.25000 02/15/2025 KY 21,330.27 $21,383.59
828806109 SIMON PROPERTY GROUP INC US SPG 841.94 $129,953.26
82967NAY4 SIRIUS XM RADIO INC 3.87500 08/01/2022 US 20,921.81 $20,043.09
83088M102 SKYWORKS SOLUTIONS INC US SWKS 1,140.74 $114,371.02
831641FC4 SBIC 2015-10A 1 2.51700 03/10/2025 US 32,314 $31,941.17
831641FE0 SBIC 2015-10B 1 2.82900 09/10/2025 US 82,756.75 $82,716.02
832696405 JM SMUCKER CO/THE-NEW COM WI US SJM 276.77 $34,322.05
832696AQ1 JM SMUCKER CO 2.20000 12/06/2019 US 19,169.33 $18,938.17
83401BAA4 SOFI 2017-F A1FX 2.05000 01/25/2041 US 12,130.82 $12,036.40
83401BAB2 SOFI 2017-F A2FX 2.84000 01/25/2041 US 11,894.89 $11,700.25
83401LAB0 SOFI 2015-A A2 2.42000 03/25/2030 US 2,913.23 $2,890.77
83402DAB7 SOFI 2016-C A2A 1.48000 05/26/2031 US 2,690.16 $2,677.71
83402DAC5 SOFI 2016-C A2B 2.36000 12/27/2032 US 2,396.17 $2,328.78
83403YAA2 SOFI 2017-B A1FX 1.83000 05/25/2040 US 1,080.65 $1,073.87
83404FAB0 SOFI 2017-A A2A 1.55000 03/26/2040 US 11,922.51 $11,822.19
83404RAA6 SOFI 2018-B A1FX 2.64000 08/25/2047 US 35,942.49 $35,849.30
83405DAB4 SOFI 2017-C A2A 1.75000 07/25/2040 US 28,218.08 $27,979.71
83405JAA3 SCLP 2017-4 A 2.50000 05/26/2026 US 6,239.14 $6,165.81
83405LAA8 SCLP 2017-5 A1 2.14000 09/25/2026 US 26,501.51 $26,351.96
834423AA3 SOLVAY FINANCE (AMERICA) 3.40000 12/03/2020 US 62,891.1 $63,214.47
835495102 SONOCO PRODUCTS CO US SON 2,213.36 $107,347.91
83714RAZ6 SOUTH CAROLINA ST STUDENT LOAN 2.14600 12/01/2023 US 2,016.4 $2,008.44
84265VAD7 SOUTHERN COPPER CORP 5.37500 04/16/2020 US 103,236.34 $107,645.68
844741108 SOUTHWEST AIRLS CO US LUV 983.19 $56,317.39
845467AL3 SOUTHWESTERN ENERGY CO 6.70000 01/23/2025 US 23,154.69 $22,471.63
852061AK6 SPRINT COMMUNICATIONS 9.00000 11/15/2018 US 10,744.94 $11,080.71
852061AR1 SPRINT COMMUNICATIONS 7.00000 08/15/2020 US 8,748.13 $9,098.06
85254J102 STAG INDUSTRIAL INC US STAG 2,815.21 $67,339.90
85375CAX9 CALATLANTIC GROUP INC 8.37500 05/15/2018 US 9,081.47 $9,140.05
85571BAJ4 STARWOOD PROPERTY TRUST 4.75000 03/15/2025 US 21,535.4 $20,997.02
85571BAM7 STARWOOD PROPERTY TRUST 3.62500 02/01/2021 US 7,987.22 $7,847.44
85571XAA5 SRPT 2014-STAR A FLTG RATE 2.99660 11/15/2027 US 29,945.14 $29,974.99
862121100 STORE CAPITAL CORP US STOR 929.92 $23,080.61
866674104 SUN COMMUNITIES US SUI 508.4 $46,452.32
867892101 SUNSTONE HOTEL INVESTORS INC US SHO 1,713.97 $26,086.63
867914103 SUNTRUST BANKS INC US STI 596.56 $40,589.90
871829107 SYSCO CORP US SYY 959.93 $57,557.30
87243QAB2 TENET HEALTHCARE CORP 6.00000 10/01/2020 US 12,021.19 $12,426.91
87470LAA9 TALLGRASS NRG PRTNR/FIN 5.50000 09/15/2024 US 29,742.55 $30,263.05
87612E106 TARGET CORP US TGT 993.61 $68,986.25
876664103 TAUBMAN CTRS INC US TCO 158.99 $9,048.30
87677QAA9 TXEZ 2016-1A 3.13100 06/15/2028 US 10,982.15 $10,924.71
87854WAA1 TECHNIPLAS LLC 10.00000 05/01/2020 US 24,512.59 $20,835.70
88032WAB2 TENCENT HOLDINGS LTD 3.37500 05/02/2019 KY 14,776.36 $14,857.78
88032WAG1 TENCENT HOLDINGS LTD 3.59500 01/19/2028 KY 112,729.34 $108,578.59
88146M101 TERRENO REALTY CORP US TRNO 381.97 $13,181.87
88161DAA9 TESLA 2018-A A 2.32000 12/20/2019 US 21,797.2 $21,753.98
882508104 TEXAS INSTRUMENTS INC US TXN 2,451.49 $254,685.07
88579Y101 3M CO US MMM 1,093.99 $240,153.53
89173CAA5 TPMT 2016-5 A1 2.50000 10/25/2056 US 45,708.74 $45,050.01
89231LAB3 TAOT 2016-D A2A 1.06000 05/15/2019 US 4,655.24 $4,647.12
89613BAA5 TAH 2013-SFR1 A 2.58900 11/17/2033 US 39,218.78 $38,414.71
89613FAA6 TAH 2017-SFR2 A 2.92800 01/17/2036 US 29,665.62 $29,007.49
896356AE2 TRINIDAD DRILLING LTD 6.62500 02/15/2025 CA 32,015.37 $29,854.33
901109AF5 TUTOR PERINI CORP 6.87500 05/01/2025 US 31,096.8 $32,029.71
90261XHN5 UBS AG STAMFORD CT FLT 2.85625 06/01/2020 CH 31,948.88 $32,275.12
902653104 UDR INC US UDR 1,446.45 $51,522.50
90270YBF5 UBS-BARCLAYS COMMERCIAL MORTGAGE 3.18470 03/10/2046 US 47,464.98 $47,497.56
902973304 U.S. BANCORP US USB 2,387.15 $120,550.86
903002103 UMH PROPERTIES INC US UMH 1,380.39 $18,510.97
90320MAA3 UPCB FINANCE IV LTD 5.37500 01/15/2025 KY 40,249.74 $38,841.00
907818108 UNION PAC CORP US UNP 935.94 $125,818.77
911312106 UNITED PARCEL SERVICE US UPS 1,302.98 $136,369.93
912796PY9 TREASURY BILL 0.00000 09/06/2018 US 219,525.55 $217,751.81
912810FM5 UNITED STATES TREAS BOND 6.25000 05/15/2030 US 180,105.5 $244,394.72
912810PT9 UNITED STATES TREAS BOND 4.75000 02/15/2037 US 185,354.07 $237,253.20
912810QV3 UNITED STATES TREAS INFL INDEX 0.75000 02/15/2042 US 112,919.69 $109,964.97
912810RK6 US TREASURY N/B 2.50000 02/15/2045 US 274,465.49 $250,610.58
912810RX8 US TREASURY N/B 3.00000 05/15/2047 US 457,859.1 $460,094.74
9128283W8 US TREASURY N/B 2.75000 02/15/2028 US 225,458.67 $225,573.16
912828D23 US TREASURY N/B 1.62500 04/30/2019 US 340,857.92 $338,927.28
912828K25 US TREASURY N/B 0.75000 04/15/2018 US 221,008.83 $220,942.92
912828K33 UNITED STATES TREAS INFL INDEX 0.12500 04/15/2020 US 116,598.06 $116,144.05
912828K58 UNITED STATES TREAS NTS 1.37500 04/30/2020 US 341,451.23 $334,902.30
912828R36 US TREASURY N/B 1.62500 05/15/2026 US 379,719.87 $349,268.12
912828UH1 UNITED STATES TREAS INFL INDEX 0.12500 01/15/2023 US 97,479.74 $95,856.65
912828X88 US TREASURY N/B 2.37500 05/15/2027 US 344,121.13 $333,864.71
913017109 UNITED TECHNOLOGIES CORP US UTX 914.26 $115,031.57
91704F104 URBAN EDGE PROPERTIES US UE 2,229.44 $47,598.52
91731VAA4 AMERICAN AIRLINES GROUP 6.12500 06/01/2018 US 2,995.21 $3,006.44
918204108 VF CORP US VFC 765.6 $56,746.39
91913Y100 VALERO ENERGY US VLO 765.39 $71,004.87
92276F100 VENTAS INC US VTR 454.27 $22,499.80
92339V100 VEREIT INC US VER 2,978.62 $20,731.23
92343VDV3 VERIZON COMMUNICATIONS 5.50000 03/16/2047 US 150,701.32 $166,996.49
92343VDY7 VERIZON COMMUNICATIONS 4.12500 03/16/2027 US 17,571.88 $17,798.81
92903PAC3 VNO 2010 - VNO A2FX 4.00350 09/13/2028 US 19,308.52 $19,841.95
929042109 VORNADO REALTY TRUST US VNO 722.01 $48,591.21
92935JBC8 WF-RBS COMMERCIAL MORTGAGE T FLT 4.86900 02/15/2044 US 53,320.01 $55,609.69
931142103 WAL MART STORES US WMT 3,356.84 $298,658.11
94106L109 WASTE MANAGEMENT INC US WM 2,092.5 $176,020.96
948565AC0 WEEKLEY HOMES LLC/ FINAN 6.00000 02/01/2023 US 26,471.37 $26,339.01
94856TAA2 WEEKLEY HOMES LLC/ FINAN 6.62500 08/15/2025 US 29,397.64 $29,030.17
949746101 WELLS FARGO COMPANY US WFC 7,649.4 $400,904.92
94974BFQ8 WELLS FARGO & COMPANY 2.15000 01/15/2019 US 33,945.69 $33,796.20
94987MAB7 WELLS FARGO COMMERCIAL MORTGAGE 4.39300 11/15/2043 US 21,707.46 $22,410.58
95040Q104 WELLTOWER INC. US WELL 537.34 $29,247.52
958102105 WESTERN DIGITAL CORP US WDC 436.84 $40,307.25
96042NAA5 WLAKE 2018-1A A1 1.75000 02/15/2019 US 12,776.78 $12,775.28
962166104 WEYERHAEUSER CO US WY 4,091.02 $143,185.84
962178AL3 TRI POINTE HOLDINGS INC 4.37500 06/15/2019 US 40,708.3 $40,810.08
962178AN9 TRI POINTE GROUP / HOMES 5.87500 06/15/2024 US 22,374.13 $22,703.03
96328DAT1 WHLS 2016-1A A2 1.59000 05/20/2025 US 1,091.44 $1,085.61
963320106 WHIRLPOOL CORP US WHR 188.94 $28,928.72
96949LAD7 WILLIAMS PARTNERS LP 3.75000 06/15/2027 US 114,259.29 $109,236.12
97651JAE6 WINWATER MORTGAGE LOAN TRUST 3.50000 03/20/2045 US 12,497.12 $12,553.74
97652TAA1 WIN 2015-1 A1 3.50000 01/20/2045 US 13,419.2 $13,298.44
98161FAB1 WOLS 2016-A A2A 1.20000 02/15/2019 US 3,068.08 $3,061.06
98161YAA2 WOLS 2018-A A1 1.95000 03/15/2019 US 13,977.64 $13,977.64
98162EAC1 WOART 2017-A A3 Mtge 1.93000 09/15/2022 US 15,974.44 $15,791.35
98162KAD5 WOLS 2017-A A4 Mtge 2.32000 08/15/2022 US 2,995.21 $2,972.20
984121608 XEROX CORPORATION US XRX 861.69 $24,799.37
98416JAE0 XERIUM TECHNOLOGIES INC 9.50000 08/15/2021 US 22,145.42 $22,809.78
AN7903213 SONGA BULK ASA 6.58875 06/13/2022 NO 22,219.77 $22,173.99
AP0787667 MPC CONTAINER SHIPS FLT 6.99814 09/22/2022 NL 30,134.76 $30,378.25
AP8694550 BOREALIS FINANCE LLC 7.50000 11/16/2022 MH 31,844.72 $31,765.11
B15C557 TOTAL SA FR FP FP 929.97 $53,305.56
B1YY4B3 UNIBAIL-RODAMCO SE FR UL NA 157.23 $35,914.06
B29TNV3 INNERGEX RENEWABLE ENERGY CA INE CN 3,181.22 $32,519.68
B4NDCC9 MEX BONOS DESARR FIX RT 6.50000 06/09/2022 MX 503,194.88 $26,959.68
B615Y14 MEX BONOS DESARR FIX RT 8.00000 06/11/2020 MX 139,776.36 $7,810.18
B68XHC3 NORTHLAND POWER INC CA NPI CN 1,887.61 $33,712.90
BBG000ZB5GX9 90 DAY EURO FUTR MAR20 EU -.3 $351.19
BBG00HNKJJM6 EURO-SCHATZ FUT JUN18 DE .87 $238.68
BBG00HNKKPL1 RXM8 COMDTY EURO-BOND JUN18 DE -.41 -$1,326.67
BBG00HPLMTW5 US 10YR ULTRA FUT JUN18 US .42 $993.48
BD82246 EAGLE BULK SHIPCO 8.25000 11/28/2022 MH 17,717.75 $18,116.40
BDB46H0 JAPAN (2 YEAR ISSUE) 0.10000 10/15/2018 JP 6,988,817.82 $65,767.99
BF955D8 TELENET FINANCE LUX NOTE 5.50000 03/01/2028 LU 32,530.93 $31,107.70
BGHQ198 HIBERNIA REIT PLC IE HBRN ID 14,200.15 $25,230.41
BP269Z8 AXIA REAL ESTATE SOCIMI SA ES AXIA SM 604.38 $12,298.02
EDH9 COMDTY 90DAY EURO$ FUTR Mar19 US .3 -$304.02
G29183103 EATON CORP PLC US ETN 818.38 $65,397.09
G37585AC3 GASLOG LTD 8.87500 03/22/2022 BM 30,468.7 $31,611.27
G96629103 WILLIS TOWERS WATSON PLC GB WLTW 241.01 $36,679.05
G97822103 PERRIGO CO PLC IE PRGO 590.17 $49,184.96
H1467J104 CHUBB LTD CH CB 375.56 $51,365.91
N47279109 INTERXION HOLDING NX NL INXN 1,077.38 $66,916.04
N53745100 LYONDELLBASELL INDU-CL A US LYB 804.96 $85,067.67
QZ4952797 DEXIA CREDIT LOCAL 1.87500 09/15/2021 FR 19,968.05 $19,309.64
Y23862AE8 EXPORT-IMPORT BANK CHINA 2.50000 07/31/2019 CN 2,515.97 $2,501.45

Based on the investments of the underlying fund(s): Manning & Napier Fund, Inc. Unconstrained Bond Series, Manning & Napier Fund, Inc. Disciplined Value Series, Manning & Napier Fund, Inc. Equity Income Series, Manning & Napier Fund, Inc. High Yield Bond Series, Manning & Napier Fund, Inc. Core Bond Series, and Manning & Napier Fund, Inc. Real Estate Series. Investments will change over time. Allocations to the underlying funds will change over time; funds may be added or removed at the manager’s discretion.

Daily Price

$10.94

Daily $ Change

-$0.04

Daily % Change

-0.37%

as of 04/24/2018

Ticker

MSMSX

CUSIP

56382P211

Inception Date

08/01/2012

Investment Minimum

$2,000.00

Investment minimum may be waived for certain qualified retirement plans and participants in an automatic investment program.

Important Documents

Summary Prospectus
Prospectus
Statement of Additional Information
Annual Report
Semi-Annual Report
Fact Sheet
Applications & Forms
XBRL-05/11/17

Investment Objective

To manage against capital risk while generating income and pursuing long-term capital growth.

Investment Strategy

A globally diversified multi-asset class portfolio constructed using a strategic blend of proprietary Manning & Napier mutual funds while utilizing both top down and bottom up analysis.

Stock exposure can range from 35% - 65%, and is focused on income-oriented securities (such as dividend-paying and dividend growth companies) as well as real estate securities (such as REITs - real estate investment trusts) with the potential for exposure, to a lesser degree, in emerging markets and companies that we believe are positioned to benefit from higher prices in an inflationary environment.

Bond exposure can range from 35% - 65%, and is focused on investment grade bonds, with exposure to a somewhat lesser degree in high yield bonds. Sector exposure can vary, with the flexibility to build concentrated exposure across fixed income sectors based on market conditions.

May be Appropriate for Investors

  • Who are near retirement, or who have an investment time frame of 3–10 years
  • Who have a focus on stability and income, with a moderate tolerance for capital risk
  • Who prefer to take advantage of professional management through a single, diversified investment portfolio

A Focus on Income

This Series is designed to meet investors' income needs by addressing today’s environment and allowing for the flexibility to adjust to tomorrow’s market conditions. Strategic Income Moderate Series aims to provide income over time by way of a meaningful exposure to income-oriented equity securities. Additionally, the portfolio includes a notable allocation to fixed income in an effort to enhance income generation and provide some stability.

Annualized Performance

As of 03/31/2018

YTD

-2.26%

1 Year

5.22%

3 Year

4.94%

5 Year

5.52%

10 Year

---

Inception
(08/01/2012)

6.52%

Market Cycle

---

Performance data quoted represents past performance and does not guarantee future results. 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 1.45%
Net 0.89%*

*Includes a shareholder servicing fee of 0.25% and acquired fund fees and expenses of the underlying Series. Reflects the Advisor’s contractual agreement to limit its fees and reimburse certain expenses. The contractual waiver may not be amended or terminated prior to the expiration date (04/30/2018) without the approval of the Fund’s Board of Directors.

Top Ten Investments

As of 03/31/2018

TREASURY NOTES 5.74%
GOVERNMENT AGENCY 4.88%
TREASURY BONDS 3.79%
JP MORGAN CHASE & CO 1.59%
JOHNSON & JOHNSON 1.39%
INTEL CORP 1.29%
WELLS FARGO COMPANY 1.28%
MERCK & CO INC 0.97%
WAL MART STORES 0.95%
TEXAS INSTRUMENTS INC 0.81%

Top Ten Investments list is unaudited and excludes cash.

Sector Allocation

As of 03/31/2018

Consumer Discretionary
3.68%
Consumer Staples
4.50%
Energy
2.81%
Financials
7.20%
Health Care
5.94%
Industrials
6.83%
Information Technology
6.17%
Materials
2.67%
Real Estate
9.78%
Utilities
0.74%
Long Term Fixed Income
10.77%
Intermediate Term Fixed Income
24.78%
Short Term Fixed Income
13.01%
Cash
1.12%

The “Other” category contains securities such as ETFs and others that cannot otherwise be classified. The Global Industry Classification Standard (GICS) was developed by and is the exclusive property and a service mark of MSCI Inc. (MSCI) and Standard & Poor’s, a division of The McGraw-Hill Companies, Inc. (S&P) and is licensed for use by Manning & Napier when referencing GICS sectors. Nether MSCI, S&P nor any third party involved in making or compiling the GICS or any GICS classifications makes any express or implied warranties or representations with respect to such standard or classification nor shall any such party have any liability therefrom.

Asset Allocation

As of 03/31/2018

Stocks
50.32%
Bonds
48.56%
Cash
1.12%

Credit Quality Distribution

As of 03/31/2018

AAA
47.31%
AA
3.88%
A
8.03%
BBB
22.90%
BB
6.83%
B
5.15%
CCC
0.59%
NR
5.31%

Credit quality ratings are measured on a scale that generally ranges from AAA (highest) to D (lowest). Not Rated (NR) is used to classify securities for which a rating is not available. Credit quality ratings for each issue are obtained from Bloomberg using ratings derived from Moody’s Investors Services (Moody’s) or Standard & Poor’s. When ratings from Moody’s are not available, ratings from Standard & Poor’s are used.

March Fund Holdings

As of 03/31/2018

CUSIP Security Description Country Ticker Shares/Par Market Value (USD)
00163UAB2 AMAG PHARMACEUTICALS INC 7.87500 09/01/2023 US 21,893.02 $21,619.36
00206RCK6 AT&T INC FLT 3.23200 06/30/2020 US 31,948.88 $32,284.96
00206RDC3 AT&T INC FLT 4.45000 04/01/2024 US 14,456.87 $14,921.70
00206REM0 AT&T INC 3.90000 08/14/2027 US 118,662.46 $119,479.40
00254EML3 SWEDISH EXPORT CREDIT 1.12500 08/28/2019 SE 136,633.71 $134,213.92
00287Y109 ABBVIE INC US ABBV 1,844.17 $174,550.26
00289XAA7 ABENGOA YIELD PLC 7.00000 11/15/2019 GB 49,500.8 $51,109.57
004239109 ACADIA REALTY TRUST US AKR 629.52 $15,486.21
00772BAF8 AERCAP IRELAND CAP LTD/A 4.50000 05/15/2021 IE 137,361.4 $140,703.82
008492100 AGREE REALTY CORP US ADC 286.04 $13,741.24
00928QAG6 AIRCASTLE LTD 7.62500 04/15/2020 BM 13,478.43 $14,421.92
00928QAK7 AIRCASTLE LTD 6.25000 12/01/2019 BM 12,311.65 $12,804.11
009563AD9 AIRXCEL INC 8.50000 02/15/2022 US 27,323.42 $29,543.45
015271109 ALEXANDRIA REAL EST EQUITIES US ARE 254.66 $31,804.86
01609WAT9 ALIBABA GROUP HOLDING 3.40000 12/06/2027 KY 218,797.26 $207,661.58
01748XAA0 ALLEGIANT TRAVEL CO 5.50000 07/15/2019 US 20,306.41 $20,611.01
020002101 ALLSTATE CORPORATION US ALL 367.47 $34,836.52
02005NAT7 ALLY FINANCIAL INC 3.50000 01/27/2019 US 35,630.97 $35,675.51
02005NBE9 ALLY FINANCIAL INC 3.25000 11/05/2018 US 9,984.03 $9,996.51
02007CAE2 ALLYA 2016-1 A4 1.73000 11/16/2020 US 2,995.21 $2,968.64
02007MAC4 ALLYA 2018-1 A1 1.75000 02/15/2019 US 11,938.15 $11,938.32
02155EAA6 CEQUEL COM HLDG I/ CAP CP 7.75000 07/15/2025 US 21,232.62 $22,453.49
02155FAC9 ALTICE US FINANCE I CORP 5.50000 05/15/2026 US 19,810.82 $19,363.09
0237400 DIAGEO PLC GB DGE LN 3,558.07 $120,332.49
024835100 AMERICAN CAMPUS COMMUNITIES US ACC 805.39 $31,104.33
0258M0DU0 AMERICAN EXPRESS CREDIT FLRT 2.67363 05/26/2020 US 29,952.08 $30,216.79
02665T306 AMERICAN HOMES 4 RENT- A US AMH 2,350.83 $47,204.60
02666TAA5 AMERICAN HOMES 4 RENT 4.25000 02/15/2028 US 110,949.4 $108,722.97
026874784 AMERICAN INTL GROUP INC US AIG 566.75 $30,842.68
026874CY1 AMERICAN INTL GROUP 4.12500 02/15/2024 US 85,140.32 $86,395.73
03027XAF7 AMERICAN TOWER CORP 2.80000 06/01/2020 US 15,974.44 $15,856.77
03063NAA5 AMERICOLD LLC TRUST 3.84730 01/14/2029 US 2,570.73 $2,603.29
03064D108 AMERICOLD REALTY TRUST US COLD 711.8 $13,581.17
031162100 AMGEN INC US AMGN 819.39 $139,689.55
03349M105 ANDEAVOR US ANDV 304.92 $30,662.68
034863AT7 ANGLO AMERICAN CAPITAL 4.00000 09/11/2027 GB 114,805.93 $110,099.28
03748R101 APARTMENT INVT & MGMT CO -A US AIV 958.29 $39,050.29
037612306 APOLLO GLOBAL MANAGMENT - A US APO 1,616.37 $47,876.99
037833100 APPLE COMPUTER INC US AAPL 722.6 $121,237.68
039483102 ARCHER DANIELS MIDLAND CO US ADM 1,008.98 $43,759.32
04014Y101 ARES MANAGEMENT LP US ARES 1,612.54 $34,508.39
04621WAC4 ASSURED GUARANTY US HLDG 5.00000 07/01/2024 US 42,731.63 $45,552.07
053015103 AUTOMATIC DATA PROCESSING US ADP 713.18 $80,931.42
053484101 AVALONBAY COMMUNITIES INC US AVB 584.8 $96,176.42
054937107 BB & T CORPORATION US BBT 1,278.56 $66,536.47
055622104 BP PLC-SPONS ADR GB BP 3,564.88 $144,520.20
05582QAB3 BMWOT 2016-A A2A 0.99000 05/28/2019 US 750.86 $750.13
05582QAD9 BMWOT 2016-A A3 1.16000 11/25/2020 US 73,936.55 $73,223.10
05604LAA0 BWAY 2015-1740 A 2.91700 01/10/2035 US 23,732.49 $22,930.28
060505104 BANK OF AMERICA CORP US BAC 7,334.15 $219,951.06
06051GFM6 BANK OF AMERICA CORP 4.00000 01/22/2025 US 87,810.22 $87,637.48
06416CAB4 BANK OF NOVA SCOTIA 1.85000 04/14/2020 CA 17,971.25 $17,645.33
06652K103 BANKUNITED INC US BKU 970.42 $38,797.41
086516101 BEST BUY INC US BBY 441.65 $30,911.21
09253U108 BLACKSTONE GROUP LP/THE US BX 1,585.72 $50,663.61
09627J102 BLUEROCK RESIDENTIAL GROWTH US 1,241.63 $10,553.86
096630AE8 BOARDWALK PIPELINES LP 5.95000 06/01/2026 US 198,031.33 $212,224.57
097023105 BOEING CO US BA 575.8 $188,792.97
0989529 ASTRAZENECA PLC GB AZN LN 1,068.36 $73,439.99
101121101 BOSTON PROPERTIES INC US BXP 521.74 $64,289.19
105368203 BRANDYWINE REALTY TRUST US BDN 1,584.54 $25,162.50
105756BV1 FED REPUBLIC OF BRAZIL 4.25000 01/07/2025 BR 5,191.69 $5,168.33
110122108 BRISTOL MYERS SQUIBB CO US BMY 1,782.44 $112,739.30
11133T103 BROADRIDGE FINANCIAL SOLUTIONS US BR 298.49 $32,741.66
12467AAD0 C&S GROUP ENTERPRISES 5.37500 07/15/2022 US 42,912.86 $40,439.79
12541W209 C.H. ROBINSON WORLDWIDE INC US CHRW 353.03 $33,082.83
125896100 CMS ENERGY CORP US CMS 1,429.02 $64,720.20
12592BAB0 CNH INDUSTRIAL CAPITAL L 3.37500 07/15/2019 US 19,282.65 $19,234.44
12592TAA3 COMM 2015-3BP A FLT 3.17800 02/10/2035 US 23,732.49 $23,381.60
12623EAF8 CHN INDUSTRIAL CAPITAL L 3.62500 04/15/2018 US 7,388.18 $7,390.03
126304AK0 CSC HOLDINGS LLC 7.62500 07/15/2018 US 1,138.18 $1,157.76
126307AC1 CSC HOLDINGS LLC 8.62500 02/15/2019 US 7,987.22 $8,332.03
126307AH0 CSC HOLDINGS LLC 5.25000 06/01/2024 US 43,277.77 $41,167.98
12646XAH5 CSMC 2013-IVR3 A1 2.50000 05/25/2043 US 15,979.25 $14,839.48
12647MBY0 CSMC 2013-6 2A1 3.50000 08/25/2043 US 53,219.22 $52,863.71
126650100 CVS HEALTH CORP US CVS 1,500.54 $93,348.52
12673P105 CA INC US CA 985.71 $33,415.54
12770QAA3 CZR 2017-VICI A 3.53100 10/15/2034 US 33,818.8 $34,137.39
13063DAD0 CALIFORNIA ST 2.36700 04/01/2022 US 5,990.42 $5,926.20
134429109 CAMPBELL SOUP CO US CPB 2,201.49 $95,346.57
14041NFF3 CAPITAL ONE MULTI-ASSET 1.33000 06/15/2022 US 13,326.68 $13,096.65
14149Y108 CARDINAL HEALTH INC US CAH 662.41 $41,519.60
14312QAB2 CARMX 2016-4 A2 1.21000 11/15/2019 US 4,976.73 $4,965.29
14314EAB7 CARMX 2016-3 A2A 1.17000 08/15/2019 US 1,817.99 $1,817.17
14314JAB6 CARMX 2017-1 A2 1.54000 02/18/2020 US 9,396.56 $9,370.83
14314MAC7 CARMX 2016-2 A3 1.52000 02/16/2021 US 13,756.59 $13,645.55
14314WAD3 CARMX 2017-3 A3 1.97000 04/15/2022 US 15,175.72 $14,957.75
14912Y202 CATCHMARK TIMBER TRUST INC US CTT 11,492.72 $143,314.26
149806AA9 CAZ 2015-1A A 2.00000 12/10/2023 US 5,257.82 $5,251.24
156504AH5 CENTURY COMMUNITIES 5.87500 07/15/2025 US 41,841.81 $39,854.32
159864AC1 CHARLES RIVER LABORITORIES 5.50000 04/01/2026 US 14,522.86 $14,722.55
16411QAA9 CHENIERE ENERGY PARTNERS 5.25000 10/01/2025 US 21,727.82 $21,429.07
16412XAD7 CHENIERE CORP CHRISTI HD 7.00000 06/30/2024 US 18,071.72 $19,991.84
165183AL8 CFII 2017-2A A1 1.99000 05/15/2029 US 53,915.95 $53,348.90
165240102 CHESAPEAKE LODGING TRUST US CHSP 1,111.8 $30,919.24
166764100 CHEVRON CORP US CVX 939.76 $107,170.47
166764AE0 CHEVRON CORP 1.71800 06/24/2018 US 35,742.81 $35,687.86
168863AU2 REPUBLIC OF CHILE 5.50000 08/05/2020 CL 7,188,498.33 $12,395.67
17275R102 CISCO SYSTEMS INC US CSCO 5,740.4 $246,205.57
172967424 CITIGROUP INC US C 2,665.57 $179,925.90
172967EW7 CITIGROUP INC 8.12500 07/15/2039 US 109,169.46 $165,315.87
17305EFS9 CCCIT 2014-A6 A6 2.15000 07/15/2021 US 15,015.97 $14,932.73
189054109 CLOROX COMPANY US CLX 303.34 $40,377.50
19238VAG0 COGECO CABLE INC 4.87500 05/01/2020 CA 12,021.19 $12,051.24
194162103 COLGATE-PALMOLIVE CO US CL 1,268.22 $90,906.21
19625JAA1 CAH 2015-1A A 2.91794 07/17/2032 US 39,191.26 $39,314.85
19625W104 COLONY NORTHSTAR INC-CLASS A US CLNS 9,502.36 $53,403.24
198280AB5 COLUMBIA PIPELINE GROUP 2.45000 06/01/2018 US 13,977.64 $13,968.71
198287203 COLUMBIA PROPERTY TRUST INC US CXP 785.11 $16,063.38
199908104 COMFORT SYSTEMS US FIX 1,591.68 $65,656.67
20369C106 COMMUNITY HEALTHCARE TRUST I US CHCT 3,874.59 $99,731.95
2099084 BORALEX INC -A CA BLX CN 1,919.55 $33,329.72
21871N101 CORECIVIC INC US CXW 3,991.4 $77,912.19
219350105 CORNING INC US GLW 1,733.93 $48,342.02
21987BAK4 CODELCO INC 5.62500 09/21/2035 CL 95,523.28 $109,494.54
21987BAV0 CODELCO INC 4.50000 09/16/2025 CL 31,948.88 $33,275.69
222795106 COUSINS PROPERTIES INC US CUZ 7,542.45 $65,468.48
22282E102 COVANTA HOLDING CORP US CVA 5,360.94 $77,733.70
22530LAA4 CAALT 2017-1A A 2.56000 10/15/2025 US 27,555.07 $27,408.28
22663AAA7 ORTHO-CLINICAL DIAGNOSTI 6.62500 05/15/2022 US 21,244.94 $20,713.82
22822V101 CROWN CASTLE INTL CORP US CCI 1,147.32 $125,758.17
22944PAA5 CSMC 2013-TH1 A1 2.13000 02/25/2043 US 14,666.95 $13,703.66
229663109 CUBESMART US CUBE 2,123.85 $59,892.66
231021106 CUMMINS INC US CMI 334.72 $54,255.05
23311RAC0 DCP MIDSTREAM OPERATING 9.75000 03/15/2019 US 22,005.22 $23,215.50
233864AB3 DTRT 2018-1 A2 2.60000 05/15/2020 US 17,971.25 $17,969.33
237194105 DARDEN RESTAURANTS INC US DRI 296.01 $25,235.23
23918KAR9 DAVITA INC 5.00000 05/01/2025 US 40,572.92 $39,215.75
247361702 DELTA AIR LINES INC. US DAL 1,076.45 $59,000.06
253393102 DICK'S SPORTING GOODS INC US DKS 1,977.89 $69,324.91
253868103 DIGITAL REALTY TRUST INC US DLR 1,086.33 $114,477.87
256677105 DOLLAR GENERAL CORP US DG 1,350.24 $126,315.20
260003108 DOVER CORP US DOV 339.25 $33,320.74
26078J100 DOWDUPONT INC US DWDP 2,011.61 $128,159.69
262006208 DREYFUS GVT CSH MANAGEMENT US 354,792.9 $354,792.90
26780TAA5 DYNAGAS LNG PARTNERS/FIN 6.25000 10/30/2019 MH 31,447.16 $31,604.40
269246BP8 E*TRADE FINANCIAL CORP 2.95000 08/24/2022 US 57,847.95 $56,312.51
277276101 EASTGROUP PROPERTIES US EGP 125.37 $10,362.68
277432100 EASTMAN CHEM CO US EMN 311.38 $32,875.76
28140H203 EDUCATION REALTY TRUST INC US EDR 305.44 $10,003.04
28336LBR9 KINDER MORGAN INC/DELAWA 7.25000 06/01/2018 US 35,942.49 $36,178.74
291011104 EMERSON ELEC CO US EMR 1,057.45 $72,223.89
29250NAR6 ENBRIDGE INC 3.70000 07/15/2027 CA 77,302.48 $74,100.41
29372EBL1 ENTERPRISE FLEET FINANCING FLT 1.59000 02/22/2021 US 5,934.75 $5,929.69
29372EBS6 EFF 2016-2 A2 1.74000 02/22/2022 US 19,689.41 $19,592.53
29372EBT4 EFF 2016-2 A3 2.04000 02/22/2022 US 15,575.08 $15,401.05
29372EBV9 EFF 2017-1 A2 2.13000 07/20/2022 US 8,654.57 $8,607.62
29373LAA9 EFF 2018-1 A1 2.15000 03/20/2019 US 31,948.88 $31,948.88
29444U700 EQUINIX INC US EQIX 417.48 $174,563.93
294628102 EQUITY COMMONWEALTH US EQC 695.98 $21,345.75
29472R108 EQUITY LIFESTYLE PROPERTIES US ELS 381.04 $33,444.27
29476L107 EQUITY RESIDENTIAL US EQR 785.11 $48,378.56
297178105 ESSEX PROPERTY TRUST INC US ESS 133.76 $32,193.60
30161N101 EXELON CORP US EXC 1,004.91 $39,201.58
302154BV0 EXPORT-IMPORT BANK KOREA 2.62500 12/30/2020 KR 118,662.46 $116,805.04
302154CB3 EXPORT - IMPORT BANK KOREA 1.75000 05/26/2019 KR 30,814.7 $30,392.47
30216HAC3 EXPORT-IMPORT BANK CHINA 2.50000 07/31/2019 CN 29,952.08 $29,779.16
30216KAA0 EXPORT-IMPORT BK INDIA 3.37500 08/05/2026 IN 11,980.83 $11,267.66
30219GAK4 EXPRESS SCRIPTS HOLDING 3.50000 06/15/2024 US 25,958.47 $25,347.00
30225T102 EXTRA SPACE STORAGE INC US EXR 541.14 $47,274.19
30231G102 EXXON MOBIL CORP US XOM 3,249.78 $242,466.08
302491303 FMC CORP US FMC 1,292.76 $98,986.51
30251JAA9 FDIC 2011-R1 A 2.67200 07/25/2026 US 2,445.65 $2,439.42
30262SAR9 FREMF 2015-K42 B FLT 3.85233 12/25/2024 US 30,133.73 $30,328.45
30263HAL5 FREMF 2011-K15 B FLT 4.94894 08/25/2044 US 10,086.31 $10,567.61
30286XAN9 FREMF 2015-K43 B FLT 3.73459 02/25/2048 US 29,722.91 $29,709.46
30291EAE4 FREMF 2013-K712 B FLT 3.36434 05/25/2045 US 26,550.94 $26,703.23
30291HAA5 FREMF 2013-K28 X2A 0.10000 06/25/2046 US 355,320.25 $1,379.85
30291YAJ9 FREMF 2014-K716 B FLT 3.95051 08/25/2047 US 10,183.71 $10,406.40
311900104 FASTENAL CO US FAST 746.57 $40,755.31
3128E5VC0 FHLM POOL D98711 4.50000 07/01/2031 US 10,890.78 $11,445.57
3128LCD86 FHLM POOL A78227 5.50000 06/01/2038 US 1,013.4 $1,104.52
3128M56M7 FHLM POOL G04176 5.50000 05/01/2038 US 944.59 $1,035.88
3128M73H7 FHLM POOL G05900 6.00000 03/01/2040 US 4,741.22 $5,316.05
3128M7FQ4 FHLM POOL G05275 5.50000 02/01/2039 US 17,084.04 $18,629.62
3128M9ZU9 FHLM POOL G07655 5.50000 12/01/2035 US 8,681.98 $9,590.77
3128MAGF0 FHLM POOL G07998 4.50000 07/01/2044 US 15,289.71 $16,084.41
3128MB4Q7 FHLM POOL G13331 5.50000 10/01/2023 US 72.76 $75.69
3128MBDP9 FHLM POOL G12610 6.00000 03/01/2022 US 1,210.96 $1,261.66
3128MBE45 FHLM POOL G12655 6.00000 05/01/2022 US 838.72 $872.29
3128MBRH2 FHLM POOL G12988 6.00000 01/01/2023 US 644.83 $673.98
3128MBUB1 FHLM POOL G13078 6.00000 03/01/2023 US 1,140.15 $1,191.60
3128MJ2U3 FHLM GOLD POOL FG G08786 4.50000 10/01/2047 US 25,640.2 $26,952.56
3128MJJN1 FHLM POOL G08268 5.00000 05/01/2038 US 49,260.96 $53,061.34
3128MJZU7 FHLM POOL G08754 4.50000 03/01/2047 US 40,395.11 $42,309.29
3128P75F6 FHLM POOL C91746 4.50000 12/01/2033 US 10,154.18 $10,689.27
3128P75P4 FHLM POOL C91754 4.50000 03/01/2034 US 7,893.61 $8,300.70
3128P75V1 FHLM POOL C91760 3.50000 05/01/2034 US 12,214.64 $12,445.76
3128P76G3 FHLM POOL C91771 4.50000 06/01/2034 US 9,997.01 $10,608.94
3128P76R9 FHLM POOL C91780 4.50000 07/01/2034 US 9,248.69 $9,781.32
3128P7QL0 FHLM POOL C91359 4.50000 02/01/2031 US 936.24 $983.86
3128P8A92 FHLM POOL C91832 3.50000 06/01/2035 US 44,751.07 $45,597.45
3128P8AL5 FHLM POOL C91811 4.00000 01/01/2035 US 5,422.16 $5,627.91
3128P8BX8 FHLM POOL C91854 4.00000 10/01/2035 US 32,156.26 $33,376.25
3128P8CH2 FHLM POOL C91872 3.50000 04/01/2036 US 14,237.03 $14,505.88
312941F69 FHLM POOL A92889 4.50000 07/01/2040 US 22,376.77 $23,677.98
312941ZQ3 FHLM POOL Q93451 4.50000 08/01/2040 US 57,811.23 $61,163.98
312945B80 FHLM POOL A96363 4.50000 01/01/2041 US 13,869.15 $14,665.17
3132J8YK0 FHLM POOL Q17513 3.50000 04/01/2043 US 13,122.65 $13,222.16
3132LNE34 FHLM POOL K92054 4.00000 10/01/2034 US 3,536.37 $3,683.78
3132QUNJ8 FHLM POOL Q37592 4.00000 12/01/2045 US 55,264.78 $56,909.18
3132QUWT6 FHLM POOL Q37857 4.00000 12/01/2045 US 44,685.03 $45,982.30
3132QVKA8 FHLM POOL Q38388 4.00000 01/01/2046 US 53,114.09 $54,784.94
3132QVMX6 FHLM POOL Q38473 4.00000 01/01/2046 US 21,789.18 $22,456.13
3132WDMZ4 FHLM POOL Q40375 3.50000 05/01/2046 US 22,979.92 $23,073.99
3132WL4Q6 FHLM POOL Q47130 4.50000 04/01/2047 US 24,667.65 $25,836.56
3132WPDP9 FHLM GOLD POOL FG Q49109 4.00000 07/01/2047 US 24,108.65 $24,777.07
3132XSLZ1 FHLM GOLD POOL FG Q50343 4.00000 08/01/2047 US 26,444.13 $27,170.16
31335A5Q7 FHLM POOL G60855 4.50000 12/01/2045 US 22,337.79 $23,419.33
31335ACG1 FHLM POOL G60071 4.50000 07/01/2042 US 22,341.82 $23,634.87
31335AFY9 FHLM POOL G60183 4.00000 12/01/2044 US 31,328.33 $32,233.18
31335ALX4 FHLM POOL G60342 4.50000 05/01/2042 US 13,303.66 $14,073.37
31335ASA7 FHLM POOL G60513 5.00000 07/01/2041 US 53,036.47 $57,171.70
31336WBS7 FHLM POOL G11850 5.50000 07/01/2020 US 1,793.54 $1,821.47
3137A2B34 FHMS K009 X1 FLT 1.29512 08/25/2020 US 36,295.23 $921.10
3137ADTK3 FHMS K014 X1 FLT 1.17939 04/25/2021 US 465,179.33 $14,076.09
3137AJMG6 FMHS K016 X1 FLT 1.52075 10/25/2021 US 87,259.32 $3,854.29
3137AL6W4 FHMS K706 X1 FLT 1.54720 10/25/2018 US 121,481.74 $656.33
3137AME78 FHMS K017 X1 FLT 1.34561 12/25/2021 US 137,842.19 $5,606.80
3137ATSC7 FEDERAL NATL MTG ASSN KP01 A2 1.72000 01/25/2019 US 1,575.21 $1,569.56
3137AUPF0 FHMS K021 x1 FLT 1.46192 06/25/2022 US 616,158.19 $31,105.08
3137B36J2 FHMS K029 A2 3.32000 02/25/2023 US 53,398.11 $54,393.65
3137B3NB0 FHMS K030 X1 FLT 0.20508 04/25/2023 US 1,047,012.26 $9,435.99
3137B4GZ3 FHMS K032 X1 FLT 0.10903 05/25/2023 US 614,857.66 $3,365.55
3137B4WB8 FHMS K033 A2 3.06000 07/25/2023 US 51,618.17 $51,907.27
3137B5KW2 FHMS K035 A2 3.45800 08/25/2023 US 112,432.68 $115,274.62
3137BPVZ9 FHMS K055 A1 2.26300 04/25/2025 US 33,896.82 $32,924.21
3137BT7J4 FHMS KJ10 A2 2.91200 12/25/2023 US 83,063.72 $82,712.25
3137BWVV3 FHMS KJ13 A2 2.86400 08/25/2022 US 106,796.21 $106,807.63
3138A5JC7 FEDERAL NATL MTG ASSN AH3858 4.50000 08/01/2041 US 35,731.09 $37,799.79
3138AJXA5 FEDERAL NATL MTG ASSN A15172 4.00000 08/01/2041 US 7,738.76 $7,999.84
3138ATF70 FEDERAL NATL MTG ASSN AJ1989 4.50000 10/01/2041 US 8,503.21 $8,992.25
3138EQST0 FEDERAL NATL MTG ASSN AL7729 4.00000 06/01/2043 US 10,712.42 $11,072.25
3138ETT89 FEDERAL NATL MTG ASSN AL8674 FLT 5.65200 01/01/2049 US 41,668.17 $45,145.40
3138WDJY8 FEDERAL NATL MTG ASSN AS3878 4.50000 11/01/2044 US 4,413.06 $4,648.67
3138WDRZ6 FEDERAL NATL MTG ASSN AS4103 4.50000 12/01/2044 US 22,057.63 $23,339.36
3138XU4Y5 FEDERAL NATL MTG ASSN AW5338 4.50000 06/01/2044 US 4,203.59 $4,442.69
3138YNFD4 FEDERAL NATL MTG ASSN AY8263 3.00000 05/01/2035 US 25,564.17 $25,164.26
3138YNR25 FEDERAL NATL MTG ASSN AY8604 3.50000 04/01/2045 US 19,116.46 $19,204.65
31398WD50 FHMS K005 AX FLT 1.35067 11/25/2019 US 27,810.19 $539.43
31407EJW4 FEDERAL NATL MTG ASSN 828377 5.50000 06/01/2035 US 22,862.95 $25,127.68
3140E2GZ8 FEDERAL NATL MTG ASSN AZ9215 4.00000 10/01/2045 US 61,027.07 $62,802.23
3140F1BL5 FEDERAL NATL MTG ASSN BC5442 4.00000 04/01/2046 US 12,900.11 $13,247.33
3140F2QS2 FEDERAL NATL MTG ASSN BC6764 3.50000 04/01/2046 US 9,583.71 $9,614.71
3140F4UB0 FEDERAL NATL MTG ASSN BC8677 4.00000 05/01/2046 US 9,373.41 $9,625.70
3140F5T29 FEDERAL NATL MTG ASSN BC9568 4.00000 05/01/2046 US 16,285.44 $16,723.77
3140F8KD8 FEDERAL NATL MTG ASSN BD1191 3.50000 01/01/2047 US 31,948.1 $32,051.56
3140F9M51 FEDERAL NATL MTG ASSN BD2179 4.00000 07/01/2046 US 20,720.06 $21,277.76
3140FA5G3 FEDERAL NATL MTG ASSN FN BD3546 4.00000 09/01/2047 US 16,643.88 $17,113.35
3140FTWF4 FEDERAL NATL MTG ASSN BE7845 4.50000 02/01/2047 US 21,538.07 $22,656.48
31410FSE6 FEDERAL NATL MTG ASSN 888017 6.00000 11/01/2021 US 911.98 $947.92
31410FV51 FEDERAL NATL MTG ASSN 888136 6.00000 12/01/2021 US 1,136.93 $1,181.07
31410GCD3 FEDERAL NATL MTG ASSN 888468 5.50000 09/01/2021 US 8,288.19 $8,532.24
31410GN33 FEDERAL NATL MTG ASSN 888810 5.50000 11/01/2022 US 9,968.68 $10,264.88
31410KGB4 FEDERAL NATL MTG ASSN 889494 5.50000 01/01/2037 US 21,182.26 $23,270.98
31410KLD4 FEDERAL NATL MTG ASSN 889624 5.50000 05/01/2038 US 3,817.45 $4,175.32
31411YN90 FEDERAL NATL MTG ASSN 918516 5.50000 06/01/2037 US 569.87 $620.67
31412SY41 FEDERAL NATL MTG ASSN 933731 5.50000 04/01/2038 US 2,765.24 $3,024.34
31416BSW9 FEDERAL NATL MTG ASSN 995233 5.50000 10/01/2021 US 507.32 $518.22
31416BVW5 FEDERAL NATL MTG ASSN 995329 5.50000 12/01/2021 US 5,630.62 $5,788.34
31416CJV9 FEDERAL NATL MTG ASSN 995876 6.00000 11/01/2038 US 11,286.04 $12,680.31
31416RBE2 FEDERAL NATL MTG ASSN AA7236 4.00000 06/01/2039 US 4,043.35 $4,179.01
31417YDV6 FHLM POOL MA0115 4.50000 07/01/2029 US 385.22 $406.96
31418B2V7 FEDERAL NATL MTG ASSN MA2587 3.50000 04/01/2036 US 44,068.89 $44,890.22
31418B6G6 FEDERAL NATL MTG ASSN FN MA2670 3.00000 07/01/2046 US 23,838.08 $23,271.11
31418BBC9 FEDERAL NATL MTG ASSN MA1834 4.50000 02/01/2034 US 7,836.16 $8,278.86
31418CAF1 FEDERAL NATL MTG ASSN FN MA2705 3.00000 08/01/2046 US 68,010.12 $66,392.69
31418MKV3 FEDERAL NATL MTG ASSN AD0307 5.50000 01/01/2039 US 4,057.33 $4,447.09
31418MQQ8 FEDERAL NATL MTG ASSN AD0462 5.50000 10/01/2024 US 806.6 $843.70
315419AA9 FERROGLOBE / GLOBE SPEC 9.37500 03/01/2022 GB 30,568.54 $31,791.28
316773100 FIFTH THIRD BANCORP US FITB 2,937.41 $93,262.72
32054K103 FIRST INDUSTRIAL REALTY TR US FR 1,540.17 $45,019.29
34530QAD2 FORDO 2015-A A3 1.28000 09/15/2019 US 2,041.1 $2,038.32
34531AAE4 FORDL 2016-A A4 1.85000 07/15/2019 US 2,995.21 $2,991.22
34531GAD3 FORDL 2017-A A3 1.88000 04/15/2020 US 59,331.23 $58,985.07
345397WX7 FORD MOTOR CREDIT CO LLC FLRT 2.71698 11/04/2019 US 35,942.49 $36,172.83
345605109 FOREST CITY REALTY TRUST - A US FCE/A 1,176.54 $23,836.71
357081AE8 FREMF 2015-K720 B FLT 3.38864 07/25/2022 US 20,172.62 $20,008.53
35802XAA1 FRESENIUS MED CARE US 6.50000 09/15/2018 US 154,621.99 $156,942.94
36143WAN1 GAHR 2015-NRF BFX FLT 3.38216 12/15/2034 US 31,719.71 $31,772.07
36143WAS0 GAHR 2015-NRF DFX FLT 3.38216 12/15/2034 US 17,645.52 $17,524.78
36174X101 GGP INC US GGP 1,575.97 $32,244.29
36246MAT6 GTP AQUISITION PARTNERS 2.35000 06/15/2020 US 26,699.05 $26,389.04
36250UAD6 GMALT 2016-1 A3 1.64000 07/20/2019 US 11,001.34 $10,970.48
36251LAE3 GMALT 2016-2 A4 1.76000 03/20/2020 US 59,331.23 $58,899.61
36251MAE1 GMALT 2016-3 A4 1.78000 05/20/2020 US 15,974.44 $15,847.57
363576109 ARTHUR J GALLAGHER & CO US AJG 580.8 $39,918.69
364760108 GAP INC US GPS 1,076.34 $33,581.73
369604103 GENERAL ELEC CO US GE 1,070.91 $14,435.89
370334104 GENERAL MLS INC US GIS 1,324.45 $59,679.83
372460105 GENUINE PARTS CO US GPC 423.63 $38,058.62
374297109 GETTY REALTY CORP US GTY 1,049.28 $26,462.72
375558103 GILEAD SCIENCES INC US GILD 1,579.96 $119,113.51
37953TAB1 GLOBAL SHIP LEASE INC 9.87500 11/15/2022 MH 41,333.51 $41,498.84
37954A204 GLOBAL MEDICAL REIT INC US GMRE 1,750.12 $12,163.32
38141EA58 GOLDMAN SACHS GP GS 5.37500 03/15/2020 US 11,980.83 $12,492.41
384802104 WW GRAINGER INC US GWW 125.75 $35,494.06
388689101 GRAPHIC PACKAGING HOLDING CO US GPK 8,573.68 $131,605.97
39807UAB2 GREYSTAR REAL ESTATE PAR 5.75000 12/01/2025 US 31,209.35 $31,131.33
404119BM0 HCA INC 3.75000 03/15/2019 US 15,974.44 $16,035.14
404121AC9 HCA INC 6.50000 02/15/2020 US 15,974.44 $16,753.19
40412CAC5 HCA HEALTHCARE INC 6.25000 02/15/2021 US 8,748.13 $9,185.54
40414L109 HCP INC US HCP 2,135.14 $49,599.28
410345AL6 HANESBRANDS INC 4.87500 05/15/2026 US 21,660.66 $21,010.84
412822108 HARLEY DAVIDSON INC US HOG 652.28 $27,969.77
418056107 HASBRO INC US HAS 328.4 $27,684.31
42217KAY2 HEALTH CARE REIT INC 4.12500 04/01/2019 US 29,153.35 $29,500.16
42225P501 HEALTHCARE TRUST OF AMERICA US HTA 1,088.38 $28,787.72
427866108 HERSHEY CO/THE US HSY 413.79 $40,948.48
42805RBN8 HERTZ 2013-1A A2 1.83000 08/25/2019 US 13,312.03 $13,284.67
42806DAD1 HERTZ 2015-2A A 2.02000 09/25/2019 US 15,974.44 $15,916.02
42809H107 HESS CORP US HES 2,200.16 $111,372.04
431318AQ7 HILCORP ENERGY I/HILCORP 5.75000 10/01/2025 US 30,819.06 $30,510.87
431475AB8 HILL-ROM HOLDINGS INC 5.00000 02/15/2025 US 20,518.8 $20,339.26
437076102 HOME DEPOT INC US HD 1,300.32 $231,769.63
43814RAB2 HAROT 2016-4 A2 1.04000 04/18/2019 US 10,376.52 $10,355.40
438516106 HONEYWELL INTERNATIONAL INC US HON 863.27 $124,750.80
44053FAA8 HORIZON PHARMA INC/HORIZ 8.75000 11/01/2024 US 30,092.91 $32,048.95
44107P104 HOST MARRIOTT CORP US HST 1,376.85 $25,664.49
444454AB8 HUGHES SATELITE SYSTEMS 6.50000 06/15/2019 US 29,253.19 $30,130.79
444454AD4 HUGHES SATELLITE SYSTEMS 5.25000 08/01/2026 US 52,546.88 $51,495.94
446150104 HUNTINGTON BANCSHARES US HBAN 2,539.1 $38,340.46
44890WAD2 HART 2015-A A4 1.37000 07/15/2020 US 10,270.12 $10,233.88
44928UAE0 HALST 2015-B A4 1.66000 07/15/2019 US 4,247.19 $4,245.75
44929EAD7 HALST 2016-C A3 1.49000 02/18/2020 US 5,650.96 $5,625.11
44931PAD8 HART 2017-A A3 1.76000 08/16/2021 US 658.95 $649.81
44935AAA3 HALST 2018-A A1 1.95000 03/15/2019 US 6,855.16 $6,855.29
45031UCD1 ISTAR INC 5.25000 09/15/2022 US 30,436.02 $29,446.85
452281JC3 ISAC 2010-1 A2 2.41742 04/25/2022 US 1,473.05 $1,474.46
45378A106 INDEPENDENCE REALTY TRUST IN US IRT 2,012.78 $18,477.31
45763PAE6 INMARSAT FINANCE PLC 4.87500 05/15/2022 GB 30,463.24 $29,625.50
458140100 INTEL CORP US INTC 7,801.81 $406,318.15
459200101 INTERNATIONAL BUSINESS MACH CORP US IBM 1,004.02 $154,047.04
459745GH2 INTL LEASE FINANCE CORP 6.25000 05/15/2019 US 31,129.13 $32,197.57
46115HAL1 INTESA SANPAOLO SPA 3.87500 01/15/2019 IT 35,143.77 $35,372.73
46115HAT4 INTESA SANPAOLO SPA 5.01700 06/26/2024 IT 19,569.4 $19,302.24
46115HBD8 INTESA SANPAOLO SPA 3.87500 01/12/2028 IT 170,873.94 $161,163.69
46186YAA2 IHSFR 2015-SFR3 A FLT 3.05032 08/17/2032 US 40,420.72 $40,448.77
46187BAA1 IHSFR 2017-SFR2 A 2.65820 12/17/2036 US 11,142.01 $11,223.92
46187BAB9 IHSFR 2017-SFR2 B 2.95820 12/17/2036 US 8,420.54 $8,461.10
46187W107 INVITATION HOMES INC US INVH 1,717.95 $39,220.75
466032109 J&J SNACK FOODS CORP US JJSF 532.26 $72,685.72
46625H100 JP MORGAN CHASE & CO US JPM 4,534.24 $498,629.83
46625HHL7 JPMORGAN CHASE & CO 6.30000 04/23/2019 US 203,964.46 $211,629.44
46635GAE0 JP MORGAN CHASE COMMERCIAL MORTG 4.06980 11/15/2043 US 14,539.57 $14,834.70
46636DAE6 JPMCC 2011 - C4 A3 4.10630 07/15/2046 US 9,011.5 $9,013.76
46639GAL0 JPMMT 2013-1 1A2 3.00000 03/25/2043 US 10,025.25 $9,977.08
46640BAC8 JPMMT 2013-2 A2 3.50000 05/25/2043 US 11,276.9 $11,215.67
46641YAA1 JPMMT 2014-2 1A1 3.00000 06/25/2029 US 14,973.06 $14,914.58
46649HAC6 JPMMT 2017-6 A3 3.50000 12/25/2048 US 20,131.04 $19,971.41
46649HAE2 JPMMT 2017-6 A5 3.50000 12/25/2048 US 34,238.27 $34,243.61
478160104 JOHNSON & JOHNSON US JNJ 3,405.36 $436,396.90
47987LAA9 JONAH NRG LLC/FINANCE 7.25000 10/15/2025 US 42,277.5 $38,049.75
482480100 KLA-TENCOR CORPORATION US KLAC 247.76 $27,007.87
485170302 KANSAS CITY SOUTHERN US KSU 1,008.74 $110,810.45
493267108 KEYCORP US KEY 3,702.42 $72,382.23
494368103 KIMBERLY CLARK CORP US KMB 621.19 $68,411.10
494550AW6 KINDER MORGAN ENER PART 6.95000 01/15/2038 US 134,681.89 $162,361.72
497864AA6 KISSNER GR HLDG 8.37500 12/01/2022 CA 24,401.84 $24,889.88
500255104 KOHLS CORP US KSS 711.31 $46,597.96
500630CK2 KOREA DEVELOPMENT BANK 1.37500 09/12/2019 KR 65,321.65 $63,894.05
50065TAE3 KOREA DEVELOPMENT BANK 2.87500 08/22/2018 KR 23,318.69 $23,328.48
50212YAB0 LPL HOLDINGS INC 5.75000 09/15/2025 US 19,888.89 $19,634.31
50218LAC0 LSTAR COMMERCIAL MORTGAGE TR FLT 2.76700 01/20/2041 US 1,946.59 $1,938.19
505742AD8 LADDER CAP FIN LLLP/CORP 5.87500 08/01/2021 US 22,646.32 $23,041.72
512816109 LAMAR ADVERTISING CO US LAMR 795.47 $50,639.81
515110BU7 LANDWIRTSCH. RENTENBANK 2.37500 02/21/2020 DE 112,729.34 $112,601.95
517942108 LASALLE HOTEL PROPERTIES US LHO 653.47 $18,957.21
53223X107 LIFE STORAGE INC US LSI 161.26 $13,468.07
532457108 ELI LILLY & CO US LLY 875.89 $67,767.66
534187109 LINCOLN NATL CORP IND US LNC 490.11 $35,807.22
539439AM1 LLOYDS BANKING GROUP PLC 4.58200 12/10/2025 GB 147,373.15 $147,365.61
539830109 LOCKHEED MARTIN CORP US LMT 395.12 $133,521.80
554382101 THE MACERICH CO US MAC 310.21 $17,377.90
55616P104 MACY'S INC US M 793.25 $23,591.24
55933JAB0 MAGNACHIP SEMICONDUCTOR 6.62500 07/15/2021 US 32,380.25 $31,165.99
56585A102 MARATHON PETROLEUM CORP US MPC 743.41 $54,350.79
5671735 SANOFI-AVENTIS FR SAN FP 778.38 $62,457.36
580135101 MCDONALDS CORP US MCD 810.48 $126,743.62
58768MAC5 MBALT 2016-B A3 1.35000 08/15/2019 US 70,969.99 $70,634.20
58933Y105 MERCK & CO INC US MRK 5,612.32 $305,703.11
59001ABA9 MERITAGE HOMES CORP 5.12500 06/06/2027 US 21,297.59 $20,126.22
59022CAA1 BANK OF AMERICA CORP 2.88450 09/15/2026 US 19,213.26 $18,268.85
594918104 MICROSOFT CORP US MSFT 1,449.88 $132,330.74
59522J103 MID-AMERICA APARTMENT COMM US MAA 570.35 $52,038.86
609207105 MONDELEZ INTERNATIONAL INC US MDLZ 1,609.14 $67,149.20
6174467X1 MORGAN STANLEY 5.00000 11/24/2025 US 82,173.75 $85,930.05
61744YAG3 MORGAN STANLEY FLT 3.01070 05/08/2024 US 158,414.38 $160,955.35
61746BDM5 MORGAN STANELY 2.50000 01/24/2019 US 33,945.69 $33,885.20
61747YDX0 MORGAN STANLEY FLT 2.90031 01/27/2020 US 34,944.09 $35,378.37
620076307 MOTOROLA SOLUTIONS INC US MSI 316.34 $33,310.35
62426EAA3 MOUNTAIN PROVINCE DIAMON 8.00000 12/15/2022 CA 51,043.75 $50,979.95
624758108 MUELLER WATER PRODUCTS INC - A US MWA 6,156.36 $66,919.60
62944TAE5 NVR INC 3.95000 09/15/2022 US 115,043.78 $117,357.03
633067D34 NATIONAL BANK OF CANADA 1.40000 04/20/2018 CA 17,971.25 $17,963.03
637417106 NATIONAL RETAIL PROPERTIES US NNN 484.89 $19,036.75
63940FAA5 NAVSL 2016-2 A1 2.62150 06/25/2065 US 1,423.89 $1,425.89
63940HAA1 NAVSL 2016-3A A1 2.47150 06/25/2065 US 14,654.83 $14,672.54
63941DAA9 NAVSL 2018-2A A1 2.21817 03/25/2067 US 17,971.25 $17,964.03
64828AAA1 NRZT 2014-1A A 3.75000 01/25/2054 US 21,167.2 $21,360.63
64829DAG1 NRZT 2014-3A AFX3 3.75000 11/25/2054 US 12,808.79 $12,928.30
64829EAA2 NRZT 2015-2A A1 3.75000 08/25/2055 US 24,965.86 $25,214.38
64829LAA6 NRZT 2016-4A A1 3.75000 11/25/2056 US 16,399.93 $16,551.86
651229106 NEWELL BRANDS INC US NWL 2,383.68 $60,736.24
654106103 NIKE INC CLASS B US NKE 915.49 $60,825.22
65478WAD7 NAROT 2016-C A3 1.18000 01/15/2021 US 15,974.44 $15,780.01
66727WAA0 NORTHWEST ACQ/DOMINION 7.12500 11/01/2022 CA 49,493.47 $50,483.34
66987V109 NOVARTIS AG- REG CH NVS 867.8 $70,161.65
670346105 NUCOR CORP US NUE 641.65 $39,198.51
67087MAA4 OBP DEPOSITOR LLC TRUST 4.64620 07/15/2045 US 7,610.44 $7,852.28
67103H107 O'REILLY AUTOMOTIVE INC US ORLY 350.02 $86,586.86
680223104 OLD REPUBLIC INTL CORP US ORI 1,779.03 $38,160.26
683235AA3 ONTARIO (PROVINCE OF) 2.00000 09/27/2018 CA 26,699.05 $26,674.75
68323ADY7 ONTARIO (PROVINCE OF) 1.25000 06/17/2019 CA 23,732.49 $23,408.78
69007J106 OUTFRONT MEDIA INC US OUT 2,276.37 $42,659.14
69145LAA2 OXFORD FIN LLC/CO-ISS II 6.37500 12/15/2022 US 39,436.47 $40,323.79
693475105 PNC FINANCIAL SERVICES GROUP US PNC 278.05 $42,052.85
695156109 PACKAGING CORP OF AMERICA US PKG 208.9 $23,543.58
70014LAC4 PARK AEROSPACE HOLDINGS 4.50000 03/15/2023 KY 31,674.07 $30,011.18
70338P100 PATTERN ENERGY GROUP INC -A US PEGI 1,814.8 $31,377.91
704326107 PAYCHEX INC US PAYX 707.72 $43,588.48
713448108 PEPSICO INC US PEP 2,253.91 $246,014.56
713448CX4 PEPSICO INC 3.10000 07/17/2022 US 69,075.89 $69,456.55
71654QAU6 PETROLEOS MEXICANOS 8.00000 05/03/2019 MX 31,948.88 $33,506.39
71654QCB6 PETROLEOS MEXICANOS 6.87500 08/04/2026 MX 15,694.89 $17,248.68
71654QCJ9 PETROLEOS MEXICANOS 6.35000 02/12/2048 MX 167,314.07 $161,667.22
717081103 PFIZER INC US PFE 6,677.42 $236,981.48
71943U104 PHYSICIANS REALTY TRUST US DOC 2,901.87 $45,182.08
729640102 PLYMOUTH INDUSTRIAL REIT INC US 391.69 $6,729.30
733174AJ5 POPULAR INC 7.00000 07/01/2019 US 30,789.99 $31,405.79
741503AZ9 PRICELINE GROUP INC/THE 3.60000 06/01/2026 US 213,457.45 $209,701.82
74251V102 PRINCIPAL FINANCIAL GROUP US PFG 542.48 $33,042.55
74333KAA6 PROG 2017-SFR2 A 2.89700 12/17/2034 US 30,321.95 $29,820.89
74340W103 PROLOGIS US PLD 1,831.69 $115,378.21
744320AL6 PRUDENTIAL FINANCIAL INC 5.87500 09/15/2042 US 111,280.68 $117,122.92
74460D109 PUBLIC STORAGE INC US PSA 326.51 $65,430.30
747525103 QUALCOMM INC US QCOM 1,812.78 $100,446.31
749685103 RPM INTERNATIONAL INC US RPM 1,187.58 $56,612.10
755111507 RAYTHEON COMPANY US RTN 480.36 $103,671.11
758849103 REGENCY CENTERS CORP US REG 483.27 $28,503.38
7591EP100 REGIONS FINANCIAL CORP. US RF 2,339.82 $43,473.94
760759100 REPUBLIC SERVICES INC US RSG 624.06 $41,331.33
76169C100 REXFORD INDUSTRIAL REALITY IN US REXR 465.18 $13,392.56
77340RAK3 ROCKIES EXPRESS PIPELINE 5.62500 04/15/2020 US 51,773.12 $53,585.69
77340RAP2 ROCKIES EXPRESS PIPELINE 6.00000 01/15/2019 US 11,980.83 $12,190.50
780097AM3 RBS 4.7 07/03/18 4.70000 07/03/2018 GB 7,987.22 $8,015.54
780259107 ROYAL DUTCH SHELL PLC-ADR B NL RDS/B 1,182.9 $77,515.40
78408XAD3 SCGT 2013-SRP1 AJ FLT 3.97660 11/15/2026 US 34,686.27 $34,601.94
784423AF2 SLCLT 2004-1 A6 1.99875 05/15/2023 US 13,167.47 $13,157.69
78442FEH7 NAVIENT CORP 8.45000 06/15/2018 US 10,882.59 $10,975.09
78442FER5 NAVIENT CORP 5.50000 01/15/2019 US 2,855.43 $2,886.84
78442FET1 SLM CORP 6.12500 03/25/2024 US 20,418.96 $20,342.39
78442GNG7 SLMA 2004-10 A6A FLT RT 2.29520 04/27/2026 US 11,956.13 $12,000.62
78442PGC4 SLM CORP 5.12500 04/05/2022 US 34,896.33 $35,245.29
78445FAC9 SLMA 2008-7 A3 2.39520 04/25/2019 US 723.17 $723.17
78449PAA7 SMB 2018-A A1 FLT 1.93000 03/16/2026 US 15,974.44 $15,974.44
78469EAB5 SOFI 2014-A A2 3.02000 10/25/2027 US 10,648.56 $10,630.04
78470RAB3 SOFI 2016-E A2A 1.63000 01/25/2036 US 3,636.94 $3,613.87
78470RAC1 SOFI 2016-E A2B 2.49000 01/25/2036 US 59,331.23 $58,110.82
78471CAA7 SOFI 2017-D A1FX 1.72000 09/25/2040 US 10,453.88 $10,374.95
785592AV8 SABINE PASS LIQUEFACTION 5.87500 06/30/2026 US 51,321.51 $56,094.40
80282KAD8 SANTANDER HOLDINGS USA 2.65000 04/17/2020 US 14,976.04 $14,809.09
80282KAH9 SANTANDER HOLDINGS USA 2.70000 05/24/2019 US 37,723.64 $37,630.99
80282KAS5 SANTANDER HOLDINGS USA 3.40000 01/18/2023 US 110,356.09 $107,796.37
81211K100 SEALED AIR CORP US SEE 3,392 $145,143.69
81663AAD7 SEMGROUP CORP 6.37500 03/15/2025 US 39,438.31 $37,663.59
81745CAB9 SEMT 2013-7 A2 3.00000 06/25/2043 US 11,593.69 $11,256.70
81745EAA7 SEMT 2013-8 A1 3.00000 06/25/2043 US 16,105.59 $15,634.05
81745FAA4 SEMT 2012-3 A1 3.50000 07/25/2042 US 24,041.77 $24,031.43
81745MAA9 SEMT 2013-2 1.87400 02/25/2043 US 2,802.39 $2,561.56
81783QAC9 SEVEN GENERATIONS ENERGY 5.37500 09/30/2025 CA 20,789.29 $19,853.77
822538AE4 SHELF DRILL HOLD LTD 8.25000 02/15/2025 KY 21,330.27 $21,383.59
828806109 SIMON PROPERTY GROUP INC US SPG 841.94 $129,953.26
82967NAY4 SIRIUS XM RADIO INC 3.87500 08/01/2022 US 20,921.81 $20,043.09
83088M102 SKYWORKS SOLUTIONS INC US SWKS 1,140.74 $114,371.02
831641FC4 SBIC 2015-10A 1 2.51700 03/10/2025 US 32,314 $31,941.17
831641FE0 SBIC 2015-10B 1 2.82900 09/10/2025 US 82,756.75 $82,716.02
832696405 JM SMUCKER CO/THE-NEW COM WI US SJM 276.77 $34,322.05
832696AQ1 JM SMUCKER CO 2.20000 12/06/2019 US 19,169.33 $18,938.17
83401BAA4 SOFI 2017-F A1FX 2.05000 01/25/2041 US 12,130.82 $12,036.40
83401BAB2 SOFI 2017-F A2FX 2.84000 01/25/2041 US 11,894.89 $11,700.25
83401LAB0 SOFI 2015-A A2 2.42000 03/25/2030 US 2,913.23 $2,890.77
83402DAB7 SOFI 2016-C A2A 1.48000 05/26/2031 US 2,690.16 $2,677.71
83402DAC5 SOFI 2016-C A2B 2.36000 12/27/2032 US 2,396.17 $2,328.78
83403YAA2 SOFI 2017-B A1FX 1.83000 05/25/2040 US 1,080.65 $1,073.87
83404FAB0 SOFI 2017-A A2A 1.55000 03/26/2040 US 11,922.51 $11,822.19
83404RAA6 SOFI 2018-B A1FX 2.64000 08/25/2047 US 35,942.49 $35,849.30
83405DAB4 SOFI 2017-C A2A 1.75000 07/25/2040 US 28,218.08 $27,979.71
83405JAA3 SCLP 2017-4 A 2.50000 05/26/2026 US 6,239.14 $6,165.81
83405LAA8 SCLP 2017-5 A1 2.14000 09/25/2026 US 26,501.51 $26,351.96
834423AA3 SOLVAY FINANCE (AMERICA) 3.40000 12/03/2020 US 62,891.1 $63,214.47
835495102 SONOCO PRODUCTS CO US SON 2,213.36 $107,347.91
83714RAZ6 SOUTH CAROLINA ST STUDENT LOAN 2.14600 12/01/2023 US 2,016.4 $2,008.44
84265VAD7 SOUTHERN COPPER CORP 5.37500 04/16/2020 US 103,236.34 $107,645.68
844741108 SOUTHWEST AIRLS CO US LUV 983.19 $56,317.39
845467AL3 SOUTHWESTERN ENERGY CO 6.70000 01/23/2025