Investment Objective

To provide capital growth and manage risk for investors planning to retire (or meet another investment goal) in or around the year indicated in the fund’s name.

Investment Strategy

Currently: The portfolio is currently invested in a balanced mix of securities that seeks a more stable rate of long-term growth than that of the broad stock market. The portfolio is diversified among fixed income securities, primarily with intermediate to long-term maturities, and various stocks. Stock exposure can range from 22% - 62%.

Over Time: The portfolio’s investment mix will gradually become more conservative as the target date approaches and for several years after the target date. During the target year, the portfolio’s stock exposure can range from 20% - 60%. At five years after the target date and beyond, the focus will be on capital preservation, and stock exposure can range from 15% - 45%.

May be Appropriate for Investors

  • Who plan to stop contributions and start periodic withdrawals around the year 2020
  • Who currently have a moderate tolerance for risk and can accept fluctuations in current account value
  • Who prefer to take advantage of professional management through a single, diversified investment portfolio that becomes more conservative over time

About Target Date Funds

A target date fund is a single investment portfolio designed to meet an investor’s changing needs over time. The fund gradually shifts from a more aggressive to a more conservative investment objective over the years to reflect an appropriate risk/return trade-off for the investor’s changing time horizon.

Target Series Glide Path Overview

Learn more about our Glide Range SM

Daily Price

$9.54

Daily $ Change

$0.01

Daily % Change

0.10%

as of 03/19/2019

Ticker

MTNKX

CUSIP

56382P872

Inception Date

03/28/2008

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

Information on Underlying Investments

Blended Asset Series Prospectus
Blended Asset Series SAI
XBRL Blended Asset Series – 11/02/2017
Blended Asset Series Annual Report
Blended Asset Series Semi-Annual Report

The financial statements of the underlying investments should be read in conjunction with the Series’ financial statements. Beginning 10/16/2017, the underlying funds are the Manning & Napier Fund, Inc. Blended Asset Series. The Blended Asset Series are not currently available for direct investment.

Performance

As of 02/28/2019

YTD

5.02%

1 Year

1.70%

3 Year

6.16%

5 Year

2.54%

10 Year

8.81%

Inception
(03/28/2008)

4.69%

Market Cycle

---

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 1.06%
Net 0.97%*

*Includes acquired fund fees and expenses of the underlying Series, and a 12b-1 fee of 0.25%. Up to 0.25% of the 12b-1 fee is available as a shareholder servicing fee. 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 (02/29/2028) without the approval of the Fund's Board of Directors.

Top Ten Investments

As of 02/28/2019

TREASURY NOTES 12.90%
GOVERNMENT AGENCY 8.58%
TREASURY BONDS 6.84%
UNITED STATES TREAS INFL INDEX 0.12500 04/15/2020 4.97%
NOVARTIS AG- REG 1.42%
MEDTRONIC INC 1.33%
MASTERCARD INC-CLASS A 1.23%
JOHNSON & JOHNSON 1.20%
MICROSOFT CORP 1.16%
VISA INC - CLASS A SHARES 1.14%

Top Ten Investments list is unaudited and excludes cash

Asset Allocation

As of 02/28/2019

Bonds 62.27%
Stocks 36.55%
Cash 1.18%

Detailed Asset Class Allocation

As of 02/28/2019

International Equities 13.57%
Small Capitalization 0.39%
Mid Capitalization 1.94%
Large Capitalization 20.65%
Long Term Fixed Income 17.46%
Intermediate Term Fixed Income 31.42%
Short Term Fixed Income 13.39%
Cash 1.18%

Due to rounding, the sum of the detailed asset class allocation categories may not equal the asset allocation totals provided above.

February Fund Holdings

As of 02/28/2019

CUSIP Security Description Country Ticker Shares/Par Market Value (USD)
00101JAH9 ADT SEC CORP 4.12500 06/15/2023 US 21,203.74 $20,806.17
00101JAM8 ADT CORP 5.25000 03/15/2020 US 12,220.36 $12,373.11
00206RDQ2 AT&T INC 4.25000 03/01/2027 US 263,936.79 $264,073.64
00254EML3 SWEDISH EXPORT CREDIT 1.12500 08/28/2019 SE 298,615.24 $296,384.29
00289XAA7 ABENGOA YIELD PLC 7.00000 11/15/2019 GB 147,370.47 $148,107.32
004239109 ACADIA REALTY TRUST US AKR 171.27 $4,879.39
00774MAG0 AERCAP IRELAND CAP / GLOBA 4.45000 10/01/2025 IE 269,865.08 $267,217.42
0081180 BARRATT DEVELOPMENTS PLC GB BDEV LN 1,006.56 $7,987.44
008492100 AGREE REALTY CORP US ADC 109.53 $7,199.31
00928QAK7 AIRCASTLE LTD 6.25000 12/01/2019 BM 18,148.65 $18,509.82
0136701 BRITISH LAND CO PLC GB BLND LN 473.94 $3,793.15
015271109 ALEXANDRIA REAL EST EQUITIES US ARE 36.84 $5,006.59
01609W102 ALIBABA GROUP - ADR CN BABA 89.42 $16,365.83
02079K107 ALPHABET INC-CL C US GOOG 397.47 $445,136.37
02079K305 ALPHABET INC-CL A US GOOGL 274.09 $308,771.23
023135106 AMAZON.COM INC US AMZN 116.46 $190,970.00
02319V103 AMBEV SA-ADR BR ABEV 48,116.47 $217,967.60
0237400 DIAGEO PLC GB DGE LN 11,392.02 $441,146.30
02376RAA0 AMERICAN AIRLINES GROUP 5.50000 10/01/2019 US 60,647.06 $61,101.91
024835100 AMERICAN CAMPUS COMMUNITIES US ACC 173.78 $7,830.36
0263494 BAE SYSTEMS PLC GB BA/ LN 2,081.79 $12,835.65
02665T306 AMERICAN HOMES 4 RENT- A US AMH 970.15 $21,188.17
02666TAA5 AMERICAN HOMES 4 RENT 4.25000 02/15/2028 US 143,552.13 $139,666.54
02753GAA7 AMERICAN MIDSTREAM PTR/F 9.50000 12/15/2021 US 21,294.68 $19,676.50
03027X100 AMERICAN TOWER REIT INC US AMT 1,233.31 $217,248.12
03064D108 AMERICOLD REALTY TRUST US COLD 156.17 $4,489.98
03690AAD8 ANTERO MIDSTREAM PART / FI 5.75000 03/01/2027 US 15,093.56 $15,206.76
03748R754 APARTMENT INVT & MGMT CO -A US AIV 301.59 $14,756.71
03784Y200 APPLE HOSPITALITY REIT INC US APLE 301.54 $4,969.45
0405207 HALMA PLC GB HLMA LN 563.36 $11,622.63
0490656 KERRY GROUP PLC-A IE KYGA LN 143.77 $14,816.03
053484101 AVALONBAY COMMUNITIES INC US AVB 198.22 $38,578.98
058498106 BALL CORP US BLL 9,510.51 $520,985.83
06051GFM6 BANK OF AMERICA CORP 4.00000 01/22/2025 US 395,996.14 $396,843.24
0673123 ASSOCIATED BRITISH FOODS PLC GB ABF LN 212.53 $6,330.60
0682538 PERSIMMON PLC GB PSN LN 224.84 $7,262.15
084670702 BERKSHIRE HATHAWAY INC-CL B US BRK/B 1,521.76 $306,331.27
0870612 LLOYDS BANKING GROUP PLC GB LLOY LN 9,569.03 $8,057.87
0878230 TAYLOR WIMPEY PLC GB TW/ LN 3,259.53 $7,836.22
09061G101 BIOMARIN PHARMACEUTICAL INC US BMRN 2,183.3 $203,614.68
0922320 SMITH & NEPHEW PLC GB SN/ LN 566.5 $10,763.93
09247X101 BLACKROCK INC US BLK 240.66 $106,666.03
0946580 WEIR GROUP PLC/THE GB WEIR LN 1,053.34 $22,908.82
096630AE8 BOARDWALK PIPELINES LP 5.95000 06/01/2026 US 377,847.49 $391,606.65
09857L108 BOOKING HOLDINGS INC US BKNG 321.73 $545,990.30
101121101 BOSTON PROPERTIES INC US BXP 252.94 $33,562.05
105368203 BRANDYWINE REALTY TRUST US BDN 1,443.44 $22,690.83
110448107 BRITISH AMERICAN TOB-SP ADR GB BTI 184.49 $6,778.08
11134LAB5 BROADCOM CRP / CAYMN FI 2.37500 01/15/2020 US 13,278.15 $13,186.09
11680JAA0 BRUIN E&P PARTNERS LLC 8.87500 08/01/2023 US 15,093.56 $14,753.95
12503M108 CBOE GLOBAL MARKETS INC US CBOE 2,174.75 $208,580.49
12572Q105 CME GROUP INC US CME 1,106.93 $201,360.92
12592BAB0 CNH INDUSTRIAL CAPITAL L 3.37500 07/15/2019 US 347,296.59 $347,605.02
12596JAA1 CNH 2019-A A1 2.75334 02/28/2020 US 8,398.66 $8,398.58
12646XAH5 CSMC 2013-IVR3 A1 2.50000 05/25/2043 US 110,263.99 $104,183.89
12648TAA7 CSMC 2014-IVR3 A1 3.50000 07/25/2044 US 169,715.38 $168,088.41
12770QAA3 CZR 2017-VICI A 3.53100 10/15/2034 US 172,391.83 $174,417.66
133131102 CAMDEN PROPERTY TRUST US CPT 51.85 $5,085.53
13321L108 CAMECO CORP CA CCJ 494.82 $5,734.93
14980AAA0 CAZENOVIA CREEK FUNDING LLC 3.56070 07/15/2030 US 173,652.98 $172,998.97
156504AH5 CENTURY COMMUNITIES 5.87500 07/15/2025 US 35,329.9 $32,768.49
165183BB9 CFII 2017-4A A1 2.12000 11/15/2029 US 283,111.78 $280,004.99
165240102 CHESAPEAKE LODGING TRUST US CHSP 250.43 $7,542.84
172967EW7 CITIGROUP INC 8.12500 07/15/2039 US 155,226.81 $225,264.32
191216100 COCA COLA CO/THE US KO 8,449.77 $383,112.67
2011646 ALIMENTATION COUCHE-TARD -B CA ATD/B CN 76.92 $4,335.55
20369C106 COMMUNITY HEALTHCARE TRUST I US CHCT 491.32 $17,535.34
2180632 CANADIAN NATL RAILWAY CO CA CNR CN 77.01 $6,608.46
21871N101 CORECIVIC INC US CXW 427.39 $9,052.22
222795106 COUSINS PROPERTIES INC US CUZ 2,459.58 $23,415.23
22282EAH5 COVANTA HOLDING CORP 6.00000 01/01/2027 US 21,203.74 $21,256.74
22546QAD9 CREDIT SUISSE AG 5.40000 01/14/2020 CH 254,262.93 $259,056.86
22822V101 CROWN CASTLE INTL CORP US CCI 119.06 $14,138.08
22944PAA5 CSMC 2013-TH1 A1 2.13000 02/25/2043 US 71,120.97 $66,866.41
229663109 CUBESMART US CUBE 140.17 $4,294.82
2328595 BANCO DO BRASIL S.A. BR BBAS3 BZ 249.86 $3,365.98
23311RAD8 DCP MIDSTREAM OPERATING 5.35000 03/15/2020 US 12,220.36 $12,434.21
2347608 FIRST QUANTUM MINERALS LTD CA FM CN 337.37 $3,868.63
23918K108 DAVITA INC. US DVA 4,520.16 $257,197.03
23918KAR9 DAVITA INC 5.00000 05/01/2025 US 12,220.36 $11,792.65
2434760 MEXICHEM SAB DE CV MX MEXCHEM* MM 2,958.35 $7,194.35
2458771 ITAUSA INVESTIMENTOS ITAU -PR BR ITSA4 BZ 992.18 $3,267.52
2516710 LOJAS AMERICANAS SA - PREF BR LAME4 BZ 372.07 $1,973.19
25271C102 DIAMOND OFFSHORE DRILLING US DO 5,772.85 $55,130.68
253868103 DIGITAL REALTY TRUST INC US DLR 176.92 $20,013.46
25470DAT6 DISCOVERY COMMUNICATIONS 5.20000 09/20/2047 US 276,157.15 $259,892.04
25787GAC4 DONNELLEY FINANCIAL SOL 8.25000 10/15/2024 US 15,093.56 $15,036.95
26151AAA7 DRAX FINCO PLC 6.62500 11/01/2025 GB 3,637.85 $3,696.96
26780TAA5 DYNAGAS LNG PARTNERS/FIN 6.25000 10/30/2019 MH 26,702.9 $26,035.32
269246401 ETRADE FINANCIAL CORP US ETFC 2,135.69 $104,627.60
2715777 QUEBECOR INC -CL B CA QBR/B CN 4,624.11 $112,339.12
2801836 SHAW COMMUNICATIONS INC-B CA SJR/B CN 5,359.4 $110,531.69
285512109 ELECTRONIC ARTS US EA 3,017.09 $288,976.71
2866857 LUNDIN MINING CORP CA LUN CN 671.23 $3,407.29
29373FAB0 EFF 2018 -2 A2 MTGE 3.14000 02/20/2024 US 287,319.72 $287,703.75
29444U700 EQUINIX INC US EQIX 746.84 $316,288.07
2945422 WEG SA BR WEGE3 BZ 433.17 $2,125.39
29472R108 EQUITY LIFESTYLE PROPERTIES US ELS 112.86 $12,260.72
29476L107 EQUITY RESIDENTIAL US EQR 430.04 $31,689.65
297178105 ESSEX PROPERTY TRUST INC US ESS 79.25 $22,177.44
302154BV0 EXPORT-IMPORT BANK KOREA 2.62500 12/30/2020 KR 296,414.34 $294,264.75
30225T102 EXTRA SPACE STORAGE INC US EXR 115.82 $11,111.83
30261KAN6 FREMF 2012-K711 B 3.49989 08/25/2045 US 100,561.9 $100,558.99
30264DAA7 FS ENERGY & POWER FUND 7.50000 08/15/2023 US 24,258.82 $24,545.32
30287EAE0 FREMF 2014-K41 B FLT 3.83216 11/25/2047 US 8,821.78 $8,902.61
30291HAA5 FREMF 2013-K28 X2A 0.10000 06/25/2046 US 13,938,421.39 $44,303.27
30291XAE2 FREMF 2014-K715 B FLT 3.97234 02/25/2046 US 8,567.13 $8,690.24
3128M5VT4 FHLM POOL G03926 6.00000 02/01/2038 US 20,901.36 $22,955.01
3128M6NC8 FHLM POOL G04587 5.50000 08/01/2038 US 3,202.63 $3,470.54
3128M6NS3 FHLM POOL G04601 5.50000 07/01/2038 US 3,527.17 $3,820.22
3128M6SU3 FHLM POOL G04731 5.50000 04/01/2038 US 21,340.54 $23,176.67
3128MJ2E9 FHLM POOL FG 08772 4.50000 07/01/2047 US 180,279.93 $186,961.30
3128MJJT8 FHLM POOL G08273 5.50000 06/01/2038 US 26,627.38 $28,850.55
3128P75X7 FHLM POOL C91762 4.50000 05/01/2034 US 76,632.5 $80,175.90
3128P76G3 FHLM POOL C91771 4.50000 06/01/2034 US 2,687 $2,808.05
3128P76R9 FHLM POOL C91780 4.50000 07/01/2034 US 3,135.39 $3,280.38
3132QQFU1 FHLM POOL Q33778 4.00000 06/01/2045 US 4,460.1 $4,567.67
3132QUNJ8 FHLM POOL Q37592 4.00000 12/01/2045 US 174,161.87 $178,253.49
3132WKQ84 FHLM POOL Q45878 3.00000 12/01/2046 US 254,878.3 $249,680.54
31335AQ92 FHLM POOL FG G60480 4.50000 11/01/2045 US 375,957.81 $393,361.06
3134865 BARCLAYS PLC GB BARC LN 3,385.61 $7,362.29
3136B1YD0 FNR 2018-31 KP 3.50000 07/25/2047 US 144,525.92 $146,493.49
313747206 FEDERAL RLTY INVT TR SH BEN INT US FRT 36.75 $4,909.70
3137A2B34 FHMS K009 X1 FLT 1.27099 08/25/2020 US 1,421,091.98 $20,647.33
3137AME78 FHMS K017 X1 FLT 1.30243 12/25/2021 US 105,278.32 $3,166.85
3137AUPF0 FHMS K021 x1 FLT 1.44097 06/25/2022 US 1,082,819.35 $43,413.48
3137B3NB0 FHMS K030 X1 FLT 0.19512 04/25/2023 US 5,622,551.31 $41,176.75
3137F4YU0 FHR 4791 BA MTGE 4.00000 03/15/2044 US 173,344.13 $177,567.30
3137FG2L8 FHR 4801 BA MTGE 4.50000 05/15/2044 US 178,940.66 $185,616.69
3138EGE26 FEDERAL NATL MTG ASSN AL0152 6.00000 06/01/2040 US 68,906.48 $75,904.52
3138EGHT4 FEDERAL NATL MTG ASSN AL0241 4.00000 04/01/2041 US 101,786.93 $104,702.92
3138EHR87 FEDERAL NATL MTG ASSN AL1410 4.50000 12/01/2041 US 154,099.24 $161,538.70
3138EP2A1 FEDERAL NATL MTG ASSN AL7068 4.50000 09/01/2042 US 166,327.79 $174,717.25
3138EQST0 FEDERAL NATL MTG ASSN AL7729 4.00000 06/01/2043 US 87,359.34 $89,858.98
3138ETT89 FEDERAL NATL MTG ASSN AL8674 FLT 5.65300 01/01/2049 US 188,304.71 $204,503.69
3138WDAY7 FEDERAL NATL MTG ASSN FN AS3622 3.50000 10/01/2044 US 361,663.2 $363,625.53
3138WDRZ6 FEDERAL NATL MTG ASSN AS4103 4.50000 12/01/2044 US 4,573.66 $4,777.38
31403DDX4 FEDERAL NATL MTG ASSN 745418 5.50000 04/01/2036 US 48,702.27 $53,010.66
3140F8RB5 FEDERAL NATL MTG ASSN BD1381 3.50000 06/01/2046 US 84,072.96 $84,377.65
3140H2PH5 FEDERAL NATL MATG ASSN FN BJ1323 3.50000 11/01/2047 US 345,450.19 $346,203.50
3140HPMQ7 FEDERAL NATIONAL MTGE FN BK9366 4.50000 08/01/2048 US 84,374.57 $87,393.26
3140Q84E2 FEDERAL NATL MTG ASSN FN CA1720 5.00000 05/01/2048 US 247,104.93 $259,494.99
3140Q9D42 FEDERAL NATL MTG ASSN FN CA1922 5.00000 06/01/2048 US 10,092.28 $10,598.35
3140Q9JA2 FEDERAL NATL MTGE ASSN FN CA2056 4.50000 07/01/2048 US 262,938.52 $272,345.41
3140Q9PD9 FEDERAL NATL MTG ASSN FN CA2219 5.00000 08/01/2048 US 153,919.92 $161,638.32
31410GCD3 FEDERAL NATL MTG ASSN 888468 5.50000 09/01/2021 US 13,589.67 $13,802.32
31410GN33 FEDERAL NATL MTG ASSN 888810 5.50000 11/01/2022 US 16,748.92 $17,019.48
31417YJC2 FEDERAL NATL MTG ASSN MA0258 4.50000 12/01/2039 US 84,656.6 $88,931.12
31418BBC9 FEDERAL NATL MTG ASSN MA1834 4.50000 02/01/2034 US 67,182.48 $70,188.34
31418BDH6 FEDERAL NATL MTG ASSN MA1903 4.50000 05/01/2034 US 53,163.27 $55,562.99
31418C4M3 FEDERAL NATL MTG ASSN FN MA3527 5.00000 11/01/2048 US 338,534.57 $355,121.24
31418CAF1 FEDERAL NATL MTG ASSN FN MA2705 3.00000 08/01/2046 US 136,337.79 $133,381.34
31418CZ56 FEDERAL NATL MTG ASSN FN MA3463 4.00000 09/01/2033 US 185,185.44 $190,165.01
31418MGR7 FEDERAL NATL MTG ASSN AD0207 6.00000 10/01/2038 US 3,705.79 $4,082.09
31418MKV3 FEDERAL NATL MTG ASSN AD0307 5.50000 01/01/2039 US 2,314.15 $2,511.20
31428X106 FEDEX CORPORATION US FDX 1,147.59 $207,713.57
315786AC7 FIDELITY & GUARA NTY LIFE 5.50000 05/01/2025 US 12,129.41 $11,932.31
3163836 INTERTEK GROUP PLC GB ITRK LN 95.53 $6,445.55
32054K103 FIRST INDUSTRIAL REALTY TR US FR 256.72 $8,605.20
335934AK1 FIRST QUANTUM MINERALS L 7.25000 04/01/2023 CA 6,110.18 $6,003.25
34960PAB7 FORTRESS TRANS & INFRAST 6.50000 10/01/2025 US 18,330.54 $17,918.10
35563BAJ9 FREMF 2014-K37 B FLT 4.55885 01/25/2047 US 183,884.62 $193,734.22
35802XAD5 FRESENIUS MED CARE II 5.62500 07/31/2019 US 312,029.22 $314,607.83
36143WAN1 GAHR 2015-NRF BFX FLT 3.38216 12/15/2034 US 224,042.8 $223,044.82
36246MAT6 GTP AQUISITION PARTNERS 2.35000 06/15/2020 US 55,104.11 $54,363.89
369604BQ5 GENERAL ELECTRIC CO 5.00000 01/21/2021 US 275,611.47 $259,763.81
37045VAR1 GENERAL MOTORS CO FLT 3.66713 09/10/2021 US 257,826.61 $254,095.48
37045XAR7 GENERAL MOTORS FINL CO 3.15000 01/15/2020 US 266,483.29 $266,461.32
37185LAF9 GENESIS ENERGY LP/GENESI 5.62500 06/15/2024 US 18,148.65 $16,878.42
374297109 GETTY REALTY CORP US GTY 302 $9,950.87
37953TAB1 GLOBAL SHIP LEASE INC 9.87500 11/15/2022 MH 30,550.9 $29,793.23
38141GVR2 GOLDMAN SACHS GROUP INC 4.25000 10/21/2025 US 143,552.13 $144,214.82
38379RRX3 GNR 2017-54 AH MTGE 2.60000 12/16/2056 US 183,035.01 $174,268.97
39807UAB2 GREYSTAR REAL ESTATE PAR 5.75000 12/01/2025 US 15,093.56 $15,165.70
400506101 GRUPO AEROPORTUARIO PAC-ADR MX PAC 49.52 $4,617.56
4012250 AIRBUS SE FR AIR FP 71.27 $9,181.57
4031976 ADIDAS AG DE ADS GR 27.68 $6,718.71
40414L109 HCP INC US HCP 540.48 $16,630.51
4057808 L'OREAL FR OR FP 43.04 $10,856.14
4061412 LVMH MOET HENNESSY LOUIS VUITTON FR MC FP 42.41 $14,553.77
406216101 HALLIBURTON CO US HAL 8,014.24 $245,957.08
4076836 INTESA SANPAOLO IT ISP IM 2,387.5 $5,874.26
4162791 THALES SA FR HO FP 9.35 $1,150.14
4163437 CAP GEMINI FR CAP FP 18.6 $2,223.62
421946104 HEALTHCARE REALTY TRUST INC US HR 454.94 $14,398.71
42225P501 HEALTHCARE TRUST OF AMERICA US HTA 726.47 $20,697.26
43300A203 HILTON WORLDWIDE HOLDINGS INC US HLT 121.84 $10,124.89
44107P104 HOST MARRIOTT CORP US HST 695.47 $13,638.15
444454AD4 HUGHES SATELLITE SYSTEMS 5.25000 08/01/2026 US 36,115.4 $35,302.80
45031UCD1 ISTAR INC 5.25000 09/15/2022 US 21,723.81 $21,289.33
45337C102 INCYTE CORP US INCY 4,924.98 $424,680.74
45378A106 INDEPENDENCE REALTY TRUST IN US IRT 880.14 $9,118.24
4574813 MEDIOBANCA SPA IT MB IM 617.07 $6,176.26
45763PAE6 INMARSAT FINANCE PLC 4.87500 05/15/2022 GB 727.57 $727.57
45866F104 INTERCONTINENTALEXCHANGE INC US ICE 2,733.66 $210,901.51
4588364 MICHELIN (CGDE)-B FR ML FP 61.65 $7,389.81
459745GH2 INTL LEASE FINANCE CORP 6.25000 05/15/2019 US 342,252.16 $344,395.56
46187BAA1 IHSFR 2017-SFR2 A 3.33138 12/17/2036 US 53,276.72 $53,276.63
46187BAB9 IHSFR 2017-SFR2 B 3.63138 12/17/2036 US 39,534.27 $39,429.81
46187W107 INVITATION HOMES INC US INVH 714.56 $16,434.96
464286624 ISHARES MSCI THAILAND ETF TH 340.1 $30,476.11
464287739 ISHARES DJ US REAL ESTATE US 54.99 $4,627.54
46625HHL7 JPMORGAN CHASE & CO 6.30000 04/23/2019 US 514,743.77 $517,198.16
46640BAC8 JPMMT 2013-2 A2 3.50000 05/25/2043 US 59,545.09 $58,561.22
46641YAA1 JPMMT 2014-2 1A1 3.00000 06/25/2029 US 77,447.07 $76,689.28
46647PAY2 JPMORGAN CHASE & CO 4.02300 12/05/2024 US 192,069.78 $196,898.37
4682329 PERNOD-RICARD SA FR RI FP 49.25 $8,475.50
4712798 RENAULT SA FR RNO FP 36.57 $2,506.00
4741844 MERCK KGAA DE MRK GR 3,951.69 $408,359.65
476405105 JERNIGAN CAPITAL INC US JCAP 497.71 $10,675.81
478160104 JOHNSON & JOHNSON US JNJ 4,655.86 $636,176.15
47987LAA9 JONAH NRG LLC/FINANCE 7.25000 10/15/2025 US 36,388.24 $23,470.41
4821100 SOLVAY SA BE SOLB BB 157.08 $17,573.67
4824778 SGS SA-REG CH SGSN SW .09 $231.57
4834108 SCHNEIDER ELECTRIC SE FR SU FP 89.33 $6,941.08
4834777 VIVENDI FR VIV FP 116.46 $3,400.82
49446R109 KIMCO REALTY CORP US KIM 451.97 $7,950.18
494550AW6 KINDER MORGAN ENER PART 6.95000 01/15/2038 US 336,167.59 $401,959.97
500630CK2 KOREA DEVELOPMENT BANK 1.37500 09/12/2019 KR 303,690.04 $300,920.89
50187TAE6 LGI HOMES INC 6.87500 07/15/2026 US 27,222.97 $26,746.57
50212YAB0 LPL HOLDINGS INC 5.75000 09/15/2025 US 18,148.65 $18,352.82
502160AM6 LSB INDUSTRIES 9.62500 05/01/2023 US 15,093.56 $15,772.77
5076705 HENKEL AG & CO KGAA VORZUG DE HEN3 GR 64.7 $6,465.71
5107401 BEIERSDORF AG DE BEI GR 187.82 $17,418.51
5176177 ORANGE FR ORA FP 229.04 $3,500.82
5253973 HERMES INTERNATIONAL FR RMS FP 9.26 $5,861.68
5263574 FLSMIDTH & CO A/S DK FLS DC 30.82 $1,479.13
529043101 LEXINGTON REALTY TRUST US LXP 894.78 $8,312.48
531172104 LIBERTY PROPERTY TRUST US LPT 406.15 $19,222.84
5330047 DASSAULT SYSTEMES SA FR DSY FP 43.14 $6,306.29
53815P108 LIVERAMP HOLDINGS INC US RAMP 6,016.76 $323,400.60
54238XAC2 LONESTAR RESOURCES AMERICA 11.25000 01/01/2023 US 12,129.41 $11,826.18
5474008 BANKINTER S.A. ES BKT SM 1,320.24 $10,837.38
550021109 LULULEMON - ADR CA LULU 2,153.73 $323,964.14
5505072 KERING FR KER FP 17.78 $9,702.79
55616XAC1 MACYS RETAIL HLDGS INC 7.00000 02/15/2028 US 120,020.88 $126,463.62
55933JAB0 MAGNACHIP SEMICONDUCTOR 6.62500 07/15/2021 US 26,128.26 $24,821.84
5596991 UCB SA BE UCB BB 46.28 $3,877.47
5669354 REPSOL SA ES REP SM 896.81 $15,433.99
5671735 SANOFI-AVENTIS FR SAN FP 137.57 $11,471.87
5713422 METSO OYJ FI METSO FH 52.57 $1,781.22
5735631 TAG IMMOBILIEN AG DE TEG GR 427.84 $9,949.50
57636Q104 MASTERCARD INC-CLASS A US MA 2,913.94 $654,966.91
58502BAC0 MEDNAX INC 6.25000 01/15/2027 US 18,148.65 $18,249.37
58933Y105 MERCK & CO INC US MRK 2,701.29 $219,587.50
59001ABA9 MERITAGE HOMES CORP 5.12500 06/06/2027 US 15,184.5 $14,159.55
594918104 MICROSOFT CORP US MSFT 5,499.65 $616,125.45
59522J103 MID-AMERICA APARTMENT COMM US MAA 137.48 $14,240.08
5962280 CHOCOLADEFABRIKEN LINDT-PC CH LISP SW .04 $236.36
5966516 SOCIETE GENERALE FR GLE FP 107.47 $3,301.60
5980613 GIVAUDAN - REG CH GIVN SW .09 $227.31
5999330 TELEPERFORMANCE FR TEP FP 36.93 $6,590.30
6055112 AYALA LAND INC PH ALI PM 6,772.13 $5,760.24
6074968 BANK OF THE PHILIPPINE ISLAN PH BPI PM 1,649.35 $2,677.29
609207105 MONDELEZ INTERNATIONAL INC US MDLZ 8,884.43 $418,989.73
6129277 NTT DOCOMO INC JP 9437 JP 248.05 $5,774.45
615369105 MOODY'S CORPORATION US MCO 1,539.26 $266,476.71
61744YAG3 MORGAN STANLEY FLT 3.95763 05/08/2024 US 390,067.85 $392,458.75
6196408 CHUGAI PHARMACEUTICAL CO LTD JP 4519 JP 62.92 $4,282.87
6211732 DAEWOO SHIPBUILDING& MARINE KR 042660 KS 129.31 $3,625.61
62426EAA3 MOUNTAIN PROVINCE DIAMON 8.00000 12/15/2022 CA 36,297.29 $36,388.03
6248990 KDDI CORP JP 9433 JP 246.23 $5,951.21
6250508 DAITO TRUST CONSTRUCT CO LTD JP 1878 JP 1.82 $252.08
6264189 NCSOFT CORP KR 036570 KS 15.37 $6,300.61
6272483 DMCI HOLDINGS INC PH DMC PM 9,356.59 $2,062.36
6284864 GLOBE TELECOM INC PH GLO PM 70.81 $2,597.93
62913TAM4 NGL ENRGY PART LP/FIN CO 6.12500 03/01/2025 US 24,167.88 $22,778.23
6291819 CHINA PETROLEUM & CHEMICAL - H CN 386 HK 12,329.49 $10,628.23
6344456 LG HOUSEHOLD & HEALTH CARE KR 051900 KS 3.06 $3,379.65
637417106 NATIONAL RETAIL PROPERTIES US NNN 180.43 $9,400.52
637870106 NATIONAL STORAGE AFFILIATES US NSA 146.83 $4,158.12
63938CAE8 NAVIENT CORP 7.25000 09/25/2023 US 15,093.56 $15,565.23
64110W102 NETEASE.COM INC- ADR CN NTES 12.31 $2,748.13
6441506 HOYA CORP JP 7741 JP 61.1 $3,735.60
6446620 HYUNDAI HEAVY INDUSTRIES KR 009540 KS 122.93 $14,348.34
6451066 HYUNDAI MIPO DOCKYARD KR 010620 KS 264.74 $14,627.22
6472119 JARDINE MATHESON HLDGS LTD HK JM SP 92.38 $6,326.91
6474494 JOLLIBEE FOODS CORP PH JFC PM 575.49 $3,422.73
647581107 NEW ORIENTAL EDUCATIO- SP ADR CN EDU 179.29 $14,712.29
6482903 KANAMOTO CO LTD JP 9678 JP 246.23 $6,493.12
64829DAG1 NRZT 2014-3A AFX3 3.75000 11/25/2054 US 60,845.02 $60,808.11
64829EAA2 NRZT 2015-2A A1 3.75000 08/25/2055 US 80,264.46 $80,293.20
64829LAA6 NRZT 2016-4A A1 3.75000 11/25/2056 US 84,429.66 $84,752.66
6483809 KAO CORP JP 4452 JP 62.92 $4,770.50
6490995 KEYENCE CORP JP 6861 JP 1.82 $1,063.64
6499550 KYOWA HAKKO KIRIN CO LTD JP 4151 JP 309.15 $5,907.90
6514442 METROPOLITAN BANK & TRUST PH MBT PM 2,265.1 $3,332.05
6518808 LION CORP JP 4912 JP 310.97 $6,379.06
6531827 GEELY AUTOMOBILE HOLDINGS LT CN 175 HK 6,575.68 $12,350.76
6642387 YAMAHA CORP JP 7951 JP 246.23 $12,143.43
6644800 NITORI HOLDINGS CO LTD JP 9843 JP 1.82 $227.20
66727WAA0 NORTHWEST ACQ/DOMINION 7.12500 11/01/2022 CA 36,297.29 $33,484.25
66987V109 NOVARTIS AG- REG CH NVS 8,299.53 $757,166.18
6742340 SHANDONG WEIGAO CN 1066 HK 7,404.97 $6,437.64
6743882 JAPAN EXCHANGE GROUP INC JP 8697 JP 372.07 $6,586.18
6772217 SAMSUNG HEAVY INDUSTRIES KR 010140 KS 522.91 $4,250.13
6791591 SECOM CO LTD JP 9735 JP 61.1 $5,285.27
6818843 SM PRIME HOLDINGS INC PH SMPH PM 9,450.3 $7,000.02
68323ADY7 ONTARIO (PROVINCE OF) 1.25000 06/17/2019 CA 120,708.01 $120,199.65
6865504 SUZUKI MOTOR CORP JP 7269 JP 185.12 $9,506.04
6883807 SYSMEX CORP JP 6869 JP 64.74 $3,914.97
6885074 TERUMO CORP JP 4543 JP 64.74 $3,976.70
6911485 UNICHARM CORP JP 8113 JP 309.15 $9,847.39
69145AAB4 OXFIN 2019-1A A2 4.45900 02/15/2027 US 10,913.55 $10,961.75
69145LAA2 OXFORD FIN LLC/CO-ISS II 6.37500 12/15/2022 US 24,258.82 $24,925.94
6919519 UNIVERSAL ROBINA CORP PH URC PM 1,262.23 $3,316.19
6979728 WOODSIDE PETROLEUM LTD AU WPL AU 289.45 $7,417.65
6985112 YAKULT HONSHA CO LTD JP 2267 JP 62.92 $4,228.34
70014LAC4 PARK AEROSPACE HOLDINGS 4.50000 03/15/2023 KY 25,480.86 $25,289.75
7021963 DEUTSCHE BOERSE AG DE DB1 GR 73.96 $9,337.91
7062713 SODEXO FR SW FP 58.59 $6,436.66
7088429 AXA SA FR CS FP 291.32 $7,376.71
7103065 NOVARTIS AG-REG CH NOVN SW 205.42 $18,720.62
7103526 PEUGEOT SA FR UG FP 58.77 $1,494.39
7110388 ROCHE HOLDING AG-GENUSSCHEIN CH ROG SW 92.47 $25,663.00
7110902 TECAN GROUP AG-REG CH TECN SW 15.55 $3,524.34
7123870 NESTLE SA-REGISTERED CH NESN SW 5,269.02 $476,603.58
7133608 EQUINOR ASA NO EQNR NO 642.79 $14,457.57
713448108 PEPSICO INC US PEP 3,556.68 $411,294.14
7145056 ENI SPA IT ENI IM 875.01 $15,090.34
7156036 SONOVA HOLDING AG-REG CH SOON SW 58.41 $10,898.70
71943U104 PHYSICIANS REALTY TRUST US DOC 1,236.04 $22,335.21
7212477 ESSILORLUXOTTICA FR EL FP 52.3 $6,329.62
7262610 CREDIT AGRICOLE SA FR ACA FP 187.63 $2,401.45
729640102 PLYMOUTH INDUSTRIAL REIT INC US 274.29 $4,213.02
7309681 BNP PARIBAS FR BNP FP 168.85 $8,643.51
7380482 COMPAGNIE DE SAINT-GOBAIN FR SGO FP 70.18 $2,525.54
741503AZ9 BOOKING HOLDINGS INC 3.60000 06/01/2026 US 401,924.42 $392,810.13
74340W103 PROLOGIS US PLD 649.28 $45,488.48
744320AL6 PRUDENTIAL FINANCIAL INC 5.87500 09/15/2042 US 252,080.22 $266,007.65
74460D109 PUBLIC STORAGE INC US PSA 124.89 $26,414.02
756109104 REALTY INCOME CORP US O 79.61 $5,506.12
75886F107 REGENERON PHARMACEUTICALS INC US REGN 459.12 $197,760.94
76131D103 RESTAURANT BRANDS INTERN CA QSR 105.15 $6,646.30
7698356 GETINGE AB-B SHS SE GETIB SS 665.27 $7,856.89
77340RAK3 ROCKIES EXPRESS PIPELINE 5.62500 04/15/2020 US 24,349.77 $24,836.77
77714PAB5 SEMGROUP / ROSE ROCK FIN 5.62500 07/15/2022 US 12,129.41 $11,811.02
780259107 ROYAL DUTCH SHELL PLC-ADR B NL RDS/B 347.77 $22,121.75
783513203 RYANAIR HOLDINGS - ADR IE RYAAY 86 $6,410.23
78409V104 S&P GLOBAL INC US SPGI 1,372.94 $275,095.56
78410G104 SBA COMMUNICATIONS CORP US SBAC 1,115.29 $201,377.33
78442PGC4 SLM CORP 5.12500 04/05/2022 US 24,349.77 $23,801.90
78470RAC1 SOFI 2016-E A2B 2.49000 01/25/2036 US 247,094.96 $243,493.57
78471DAA5 SCLP 2016-1 A 3.26000 08/25/2025 US 97,805.27 $97,732.30
78490DAA2 SOFI 2018-C A1FX 3.08000 01/25/2048 US 10,787.37 $10,805.06
785592AV8 SABINE PASS LIQUEFACTION 5.87500 06/30/2026 US 400,287.39 $436,490.24
80282KAE6 SANTANDER HOLDINGS USA 4.50000 07/17/2025 US 263,936.79 $268,076.73
806857108 SCHLUMBERGER LTD NL SLB 5,199.34 $229,082.86
808513105 CHARLES SCHWAB CORP/THE US SCHW 4,585.37 $210,972.87
81141R100 SEA LTD - ADR SG SE 494.27 $10,626.83
812578102 SEATTLE GENETICS INC US SGEN 3,469.01 $257,677.74
81745EAA7 SEMT 2013-8 A1 3.00000 06/25/2043 US 84,499.15 $81,845.70
81745MAA9 SEMT 2013-2 1.87400 02/25/2043 US 67,679.05 $60,743.87
81762P102 SERVICENOW INC US NOW 449.68 $107,671.60
822538AE4 SHELF DRILL HOLD LTD 8.25000 02/15/2025 KY 21,203.74 $20,249.57
828806109 SIMON PROPERTY GROUP INC US SPG 298.85 $54,140.23
83401BAA4 SOFI 2017-F A1FX 2.05000 01/25/2041 US 30,412.11 $30,191.84
83401BAB2 SOFI 2017-F A2FX 2.84000 01/25/2041 US 43,097.96 $42,293.16
83402QAA0 SCLP 2016-2 A 3.09000 10/27/2025 US 3,758.25 $3,751.55
83404YAA1 SCLP 2016-5 A 3.06000 09/25/2028 US 90,133.44 $89,880.57
83405DAB4 SOFI 2017-C A2A 1.75000 07/25/2040 US 10,359.32 $10,297.03
83406EAB1 SOFI 2018-A A2A 2.39000 02/25/2042 US 72,397.46 $71,869.83
84265VAD7 SOUTHERN COPPER CORP 5.37500 04/16/2020 US 335,440.02 $343,708.89
845467AL3 SOUTHWESTERN ENERGY CO 6.20000 01/23/2025 US 27,452.01 $27,169.26
85254J102 STAG INDUSTRIAL INC US STAG 391.23 $10,829.34
85571XAA5 SRPT 2014-STAR A FLTG RATE 3.70875 11/15/2027 US 184,120.11 $182,584.92
862121100 STORE CAPITAL CORP US STOR 162.19 $5,266.39
866674104 SUN COMMUNITIES US SUI 180.25 $20,471.03
867892101 SUNSTONE HOTEL INVESTORS INC US SHO 648.64 $9,762.07
874080104 TAL EDUCATION GROUP - ADR CN TAL 120.33 $4,283.78
876664103 TAUBMAN CTRS INC US TCO 67.21 $3,587.78
87677QAA9 TXEZ 2016-1A 3.13100 06/15/2028 US 1,337.41 $1,328.45
87854WAA1 TECHNIPLAS LLC 10.00000 05/01/2020 US 21,203.74 $19,825.49
88104LAE3 TERRAFORM POWER OPERATIN 5.00000 01/31/2028 US 15,093.56 $14,338.88
88650V208 TIER REIT INC US TIER 781.56 $18,952.76
89173CAA5 TPMT 2016-5 A1 2.50000 10/25/2056 US 146,425.45 $142,144.86
89177EAA7 TPMT 2019-HY1 A1 3.51400 10/25/2048 US 136,205.79 $136,369.23
89613BAA5 TAH 2016-SFR1 A 2.58900 11/17/2033 US 136,927.49 $134,291.97
89613FAA6 TAH 2017-SFR2 A 2.92800 01/17/2036 US 143,010.58 $139,725.14
901109AF5 TUTOR PERINI CORP 6.87500 05/01/2025 US 26,721.09 $26,721.09
902653104 UDR INC US UDR 387.27 $17,202.48
903002103 UMH PROPERTIES INC US UMH 351.88 $4,813.73
904767704 UNILEVER PLC - ADR GB UL 7,007.17 $372,991.49
912810FM5 UNITED STATES TREAS BOND 6.25000 05/15/2030 US 504,455.53 $673,842.24
912810PT9 UNITED STATES TREAS BOND 4.75000 02/15/2037 US 850,887.86 $1,077,702.66
912810QV3 UNITED STATES TREAS INFL INDEX 0.75000 02/15/2042 US 242,264.81 $225,161.17
912810RK6 US TREASURY N/B 2.50000 02/15/2045 US 1,196,486.85 $1,070,855.73
912810RX8 US TREASURY N/B 3.00000 05/15/2047 US 833,113.77 $819,998.74
9128282N9 US TREASURY N/B 2.12500 07/31/2024 US 144,695.44 $141,569.79
9128283W8 US TREASURY N/B 2.75000 02/15/2028 US 1,051,233.43 $1,055,750.45
912828K33 UNITED STATES TREAS INFL INDEX 0.12500 04/15/2020 US 2,666,662.45 $2,646,037.47
912828R36 US TREASURY N/B 1.62500 05/15/2026 US 1,160,746 $1,084,662.72
912828S92 US TREASURY N/B 1.25000 07/31/2023 US 2,614,609.46 $2,476,729.65
912828UH1 UNITED STATES TREAS INFL INDEX 0.12500 01/15/2023 US 230,521.58 $226,095.01
912828X88 US TREASURY N/B 2.37500 05/15/2027 US 1,104,274.35 $1,081,110.47
912828XB1 UNITED STATES TREAS NTS 2.12500 05/15/2025 US 1,057,336.57 $1,028,920.65
912828XQ8 US TREASURY N/B 2.00000 07/31/2022 US 18.19 $17.89
91704F104 URBAN EDGE PROPERTIES US UE 760.55 $14,769.92
92276F100 VENTAS INC US VTR 170.81 $10,718.46
92339V100 VEREIT INC US VER 1,807.7 $14,407.40
92343VDV3 VERIZON COMMUNICATIONS 5.50000 03/16/2047 US 359,880.74 $400,034.08
92532F100 VERTEX PHARMACEUTICALS INC US VRTX 855.32 $161,441.15
92826C839 VISA INC - CLASS A SHARES US V 4,081.32 $604,524.70
929042109 VORNADO REALTY TRUST US VNO 252.03 $16,963.89
92922PAL0 W & T OFFSHORE INC 9.75000 11/01/2023 US 12,220.36 $12,098.16
92960PAA7 W/S PACKAGING HOLDINGS 9.00000 04/15/2023 US 24,076.93 $24,739.05
93065PAA9 WBHT 2019-WBM A FLT 3.60000 12/15/2033 US 124,076.37 $123,526.57
94856UAA9 WEEKLEY HOMES LLC/ FINAN 6.62500 08/15/2025 US 23,684.19 $22,322.34
948741103 WEINGARTEN REALTY INVESTORS US WRI 433.28 $12,482.71
95040Q104 WELLTOWER INC. US WELL 207.2 $15,397.06
962178AL3 TRI POINTE HOLDINGS INC 4.37500 06/15/2019 US 57,591.97 $57,519.98
962178AN9 TRI POINTE GROUP / HOMES 5.87500 06/15/2024 US 21,203.74 $20,759.78
96949LAD7 WILLIAMS PARTNERS LP 3.75000 06/15/2027 US 204,108.25 $198,074.81
97651JAE6 WINWATER MORTGAGE LOAN TRUST 3.50000 03/20/2045 US 68,759.82 $68,711.07
98919V105 ZAYO GROUP HOLDINGS INC US ZAYO 4,200.02 $104,160.60
AP8694550 BOREALIS FINANCE LLC 7.50000 11/16/2022 MH 3,637.85 $3,511.98
B00FM53 BANCO BRADESCO SA - PREF BR BBDC4 BZ 846.33 $9,740.53
B01FLR7 PING AN INSURANCE GROUP CO-H CN 2318 HK 934.72 $9,881.21
B01JCK9 LI NING CO LTD CN 2331 HK 9,147.7 $12,828.61
B02L3W3 BERKELEY GROUP HOLDINGS GB BKG LN 141.72 $7,422.74
B037HR3 ITAU UNIBANCO HOLDINGS S-PREF BR ITUB4 BZ 850.88 $8,025.93
B058TZ6 SAFRAN SA FR SAF FP 37.12 $5,059.48
B068DB9 SM INVESTMENTS CORP PH SM PM 267.79 $4,861.96
B07DRZ5 RECORDATI SPA IT REC IM 117 $4,397.57
B09DHL9 MTU AERO ENGINES HOLDING AG DE MTX GR 27.77 $5,951.86
B0C2CQ3 ENGIE FR ENGI FP 184.85 $2,784.93
B0CGYD6 LOJAS RENNER S.A. BR LREN3 BZ 205.73 $2,366.66
B0SWJX3 LONDON STOCK EXCHANGE GROUP GB LSE LN 274.27 $16,378.70
B0YZ0Z5 DEUTSCHE WOHNEN SE DE DWNI GR 442.52 $20,593.84
B11TCY0 SCHINDLER HOLDING-PART CERT CH SCHP SW 27.86 $6,288.34
B15C557 TOTAL SA FR FP FP 267.52 $15,226.94
B1FW751 GALP ENERGIA SGPS SA PT GALP PL 859.28 $14,088.36
B1JB4K8 SYMRISE AG DE SY1 GR 73.87 $6,509.99
B1KFX13 GRUPO AEROPORTUARIO DEL CENT MX OMAB MM 1,046.01 $5,960.94
B1WGG93 GEBERIT AG-REG CH GEBN SW 15.46 $6,164.39
B1XFTL2 HEXAGON AB-B SHS SE HEXAB SS 154.03 $8,091.61
B1XH026 VINCI SA FR DG FP 212.07 $20,240.54
B1Y9TB3 DANONE FR BN FP 291.23 $21,996.70
B1YVKN8 ANTA SPORTS PRODUCTS LTD CN 2020 HK 2,480.45 $14,541.84
B1YXBJ7 AIR LIQUIDE FR AI FP 63.52 $7,917.77
B1Z9Q99 ABOITIZ POWER CORP PH AP PM 4,002.54 $2,695.20
B247XZ6 MANILA ELECTRIC COMPANY PH MER PM 412.47 $2,931.47
B249GC0 MATSUMOTOKIYOSHI HOLDINGS CO JP 3088 JP 186.94 $6,401.40
B2B0DG9 RELX PLC GB REL LN 286.31 $6,572.37
B3NB1P2 SUNCOR ENERGY INC CA SU CN 329.44 $11,355.64
B3ZCNF7 TELEFONICA BRASIL S.A. - PREF BR VIVT4 BZ 185.12 $2,316.42
B3ZD2V9 MEX BONOS DESARR FIX RT 6.50000 06/10/2021 MX 326,457.35 $16,389.07
B4888C1 CANADIAN GOVERNMENT FLT 2.75000 06/01/2022 CA 40,356.15 $31,583.87
B4975P9 MAGAZINE LUIZA SA BR MGLU3 BZ 61.1 $2,804.94
B4NDCC9 MEX BONOS DESARR FIX RT 6.50000 06/09/2022 MX 531,355.15 $26,351.98
B4R2R50 JULIUS BAER CH BAER SW 297.2 $12,949.56
B4V5RY4 BANCO SANTANDER BRASIL - UNIT BR SANB11 BZ 307.33 $3,701.53
B4YN9R2 SINGAPORE GOVERNMENT 2.50000 06/01/2019 SG 70,077.75 $51,889.68
B5VJH76 BDO UNIBANK INC PH BDO PM 1,975.56 $4,870.74
B607XS1 VERMILION ENERGY INC CA VET CN 295.47 $7,557.71
B615Y14 MEX BONOS DESARR FIX RT 8.00000 06/11/2020 MX 806,828.53 $41,799.30
B61JC67 TREASURY WINE ESTATES LTD AU TWE AU 1,357.32 $14,418.40
B63QM77 NEXON CO LTD JP 3659 JP 1,189.67 $18,970.74
B6TC406 MEX BONOS DESARR FIX RT 7.75000 05/29/2031 MX 102,170.68 $5,042.93
B725S29 PUREGOLD PRICE CLUB INC PH PGOLD PM 2,464.08 $2,237.80
B7T7721 ROYAL BANK OF SCOTLAND GB RBS LN 2,277.68 $8,010.31
B8FMRX8 COLOPLAST-B DK COLOB DC 67.76 $6,757.33
B8K9X70 GRAND CITY PROPERTIES DE GYC GR 441.3 $10,378.05
B92RW83 LT GROUP INC PH LTG PM 7,692.29 $2,201.20
B9895B7 COCA-COLA HBC AG-DI CH CCH LN 123.29 $4,146.91
B9G6L89 LEG IMMOBILIEN AG DE LEG GR 138.48 $15,439.92
B9N3SQ0 BB SEGURIDADE PARTICIPACOES BR BBSE3 BZ 310.97 $2,247.70
BBD7Q84 SUNTORY BEVERAGE & FOOD LTD JP 2587 JP 124.02 $5,463.54
BBG00N27NTT1 BKNG US 03/01/19 C1970 US -.59 -$2.96
BBG00N61WF92 GOOG US 03/08/19 C1110 US -.65 -$1,168.55
BBG00N7D9W85 EA US 03/22/19 P87 US -15.42 -$1,033.20
BBJPFY1 VONOVIA SE DE VNA GR 427.75 $20,703.70
BD0Q398 KONINKLIJKE AHOLD DELHAIZE N NL AD NA 160.23 $4,129.45
BD1WX84 ENGIE BRASIL ENERGIA SA BR EGIE3 BZ 126.75 $1,398.39
BD3JR69 CHINA MAPLE LEAF EDUCATIONAL CN 1317 HK 14,518.92 $6,528.41
BD4TZK8 OCI NV NL OCI NA 295.65 $7,010.76
BD9Y5C0 TECHNOGYM SPA IT TGYM IM 633.99 $8,114.02
BD9Y9B7 BASIC-FIT NV NL BFIT NA 251.06 $8,130.31
BDQZ7T7 WISDOM EDUCATION INTERNATION CN 6068 HK 14,628.05 $6,349.27
BDZV116 EPIROC AB-A SE EPIA SS 151.52 $1,520.60
BF1K7P7 ESSITY AKTIEBOLAG-B SE ESSITYB SS 154.03 $4,298.19
BF2DSG3 SIKA AG-REG CH SIKA SW 49.25 $6,651.97
BF7LBH4 ATACADAO DISTRIBUICAO COMERC BR CRFB3 BZ 373.89 $1,970.89
BFTCYP4 ROBINSONS RETAIL HOLDINGS IN PH RRHI PM 1,335.73 $2,259.79
BG36ZK1 B3 SA-BRASIL BOLSA BALCAO BR B3SA3 BZ 434.99 $3,817.00
BG7ZWY7 AMBEV SA BR ABEV3 BZ 1,549.37 $7,098.94
BGHQ198 HIBERNIA REIT PLC IE HBRN ID 5,326.51 $7,779.29
BH4TZ73 FU SHOU YUAN INTERNATIONAL CN 1448 HK 15,868.28 $13,842.92
BHC8X90 NOVO NORDISK A/S-B DK NOVOB DC 129.41 $6,344.17
BJ2KSG2 AKZO NOBEL NL AKZA NA 196.73 $17,835.24
BMMV2K8 TENCENT HOLDINGS LTD CN 700 HK 9,608.52 $411,468.11
BNGN9Z1 FINECOBANK SPA IT FBK IM 1,293.23 $16,043.55
BP9DL90 INDUSTRIA DE DISENO TEXTIL ES ITX SM 9,662.1 $291,661.72
BQRRZ00 RECRUIT HOLDINGS CO LTD JP 6098 JP 246.23 $6,902.99
BSQXJ01 THULE GROUP AB/THE SE THULE SS 554.83 $12,320.36
BSS7GP5 AGL ENERGY LTD AU AGL AU 707.95 $10,661.67
BW1YVH8 WALMART DE MEXICO SAB DE CV MX WALMEX* MM 2,484.1 $6,428.82
BYMXPS7 UNICREDIT SPA IT UCG IM 468.06 $6,356.72
BYNXBZ5 ADO PROPERTIES SA DE ADJ GR 89.42 $5,119.68
BYW0PQ6 LAND SECURITIES GROUP PLC GB LAND LN 313.8 $3,747.59
BYWPGC4 CHINA YUHUA EDUCATION CORP L CN 6169 HK 21,814.75 $8,690.29
BYXS699 QIAGEN N.V. NL QIA GR 258.72 $9,895.00
BYYHL23 ANHEUSER-BUSCH INBEV SA/NV BE ABI BB 6,849.56 $535,074.32
BYZFZ91 SOPHOS GROUP PLC GB SOPH LN 2,118.64 $9,238.35
G02602103 AMDOCS LTD GG DOX 221.69 $12,319.56
G0772R208 BANK OF N.T. BUTTERFIELD&SON BM NTB 176.41 $7,187.10
G25839104 COCA-COLA EUROPEAN PARTNERS GB CCEP 86.36 $4,071.06
G27358103 DESPEGAR.COM CORP AR DESP 231.68 $4,167.89
G37585AC3 GASLOG LTD 8.87500 03/22/2022 BM 33,333.15 $34,416.47
G5960L103 MEDTRONIC INC IE MDT 7,800.75 $705,967.81
G84720104 STERIS PLC GB STE 33.97 $4,108.98
G97822103 PERRIGO CO PLC IE PRGO 335.02 $16,315.59
H8817H100 TRANSOCEAN LTD US RIG 9,684.57 $79,122.97
M22465104 CHECK POINT SOFTWARE TECH IL CHKP 52.48 $6,418.57
N22717107 CORE LABORATORIES N.V. NL CLB 105.24 $6,820.43
N47279109 INTERXION HOLDING NV NL INXN 5,352.36 $350,579.74
N72482123 QIAGEN N.V. ADR NL QGEN 154.76 $5,947.25
USD US DOLLAR US 634,800.7 $634,800.70

Based on the investments of the underlying fund(s): Manning & Napier Fund, Inc. Pro-Blend® Extended Term Series and Manning & Napier Fund, Inc. Pro-Blend® Moderate Term Series through 10/15/2017, and Manning & Napier Fund, Inc. Blended Asset Extended Series and Manning & Napier Fund, Inc. Blended Asset Moderate Series beginning 10/16/2017. Investments will change over time and as the target date fund gradually becomes more conservative. Fund holdings list does not include securities with positions less than 0.005 shares.

Distributions

  • Target 2020 Series Class K Distribution History
  • 2019 Distribution Calendar
  • Fourth Quarter 2018 Distributions
  • Third Quarter 2018 Distributions
  • Second Quarter 2018 Distributions
  • First Quarter 2019 Distributions
  • Tax Letter

A Word About Risk

Each Manning & Napier Fund, Inc. Target Series is invested in one or two of four proprietary risk-based funds based on the Target Series becoming increasingly conservative over time. Because the underlying funds invest 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 target date funds will also involve a number of other risks, including issuer-specific risk, foreign investment risk, and small-cap/mid-cap risk, as the underlying investments change over time. 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. Principal value is not guaranteed at any time, including at the target date (the approximate year when an investor plans to stop contributions and start periodic withdrawals).

Daily Price

$9.54

Daily $ Change

$0.01

Daily % Change

0.10%

as of 03/19/2019

Ticker

MTNKX

CUSIP

56382P872

Inception Date

03/28/2008

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

Information on Underlying Investments

Blended Asset Series Prospectus
Blended Asset Series SAI
XBRL Blended Asset Series – 11/02/2017
Blended Asset Series Annual Report
Blended Asset Series Semi-Annual Report

The financial statements of the underlying investments should be read in conjunction with the Series’ financial statements. Beginning 10/16/2017, the underlying funds are the Manning & Napier Fund, Inc. Blended Asset Series. The Blended Asset Series are not currently available for direct investment.

Investment Objective

To provide capital growth and manage risk for investors planning to retire (or meet another investment goal) in or around the year indicated in the fund’s name.

Investment Strategy

Currently: The portfolio is currently invested in a balanced mix of securities that seeks a more stable rate of long-term growth than that of the broad stock market. The portfolio is diversified among fixed income securities, primarily with intermediate to long-term maturities, and various stocks. Stock exposure can range from 22% - 62%.

Over Time: The portfolio’s investment mix will gradually become more conservative as the target date approaches and for several years after the target date. During the target year, the portfolio’s stock exposure can range from 20% - 60%. At five years after the target date and beyond, the focus will be on capital preservation, and stock exposure can range from 15% - 45%.

May be Appropriate for Investors

  • Who plan to stop contributions and start periodic withdrawals around the year 2020
  • Who currently have a moderate tolerance for risk and can accept fluctuations in current account value
  • Who prefer to take advantage of professional management through a single, diversified investment portfolio that becomes more conservative over time

About Target Date Funds

A target date fund is a single investment portfolio designed to meet an investor’s changing needs over time. The fund gradually shifts from a more aggressive to a more conservative investment objective over the years to reflect an appropriate risk/return trade-off for the investor’s changing time horizon.

Target Series Glide Path Overview

Learn more about our Glide Range SM

Performance

As of 02/28/2019

YTD

5.02%

1 Year

1.70%

3 Year

6.16%

5 Year

2.54%

10 Year

8.81%

Inception
(03/28/2008)

4.69%

Market Cycle

---

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 1.06%
Net 0.97%*

*Includes acquired fund fees and expenses of the underlying Series, and a 12b-1 fee of 0.25%. Up to 0.25% of the 12b-1 fee is available as a shareholder servicing fee. 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 (02/29/2028) without the approval of the Fund's Board of Directors.

Top Ten Investments

As of 02/28/2019

TREASURY NOTES 12.90%
GOVERNMENT AGENCY 8.58%
TREASURY BONDS 6.84%
UNITED STATES TREAS INFL INDEX 0.12500 04/15/2020 4.97%
NOVARTIS AG- REG 1.42%
MEDTRONIC INC 1.33%
MASTERCARD INC-CLASS A 1.23%
JOHNSON & JOHNSON 1.20%
MICROSOFT CORP 1.16%
VISA INC - CLASS A SHARES 1.14%

Top Ten Investments list is unaudited and excludes cash

Asset Allocation

As of 02/28/2019

Bonds
62.27%
Stocks
36.55%
Cash
1.18%

Detailed Asset Class Allocation

As of 02/28/2019

International Equities
13.57%
Small Capitalization
0.39%
Mid Capitalization
1.94%
Large Capitalization
20.65%
Long Term Fixed Income
17.46%
Intermediate Term Fixed Income
31.42%
Short Term Fixed Income
13.39%
Cash
1.18%

Due to rounding, the sum of the detailed asset class allocation categories may not equal the asset allocation totals provided above.

February Fund Holdings

As of 02/28/2019

CUSIP Security Description Country Ticker Shares/Par Market Value (USD)
00101JAH9 ADT SEC CORP 4.12500 06/15/2023 US 21,203.74 $20,806.17
00101JAM8 ADT CORP 5.25000 03/15/2020 US 12,220.36 $12,373.11
00206RDQ2 AT&T INC 4.25000 03/01/2027 US 263,936.79 $264,073.64
00254EML3 SWEDISH EXPORT CREDIT 1.12500 08/28/2019 SE 298,615.24 $296,384.29
00289XAA7 ABENGOA YIELD PLC 7.00000 11/15/2019 GB 147,370.47 $148,107.32
004239109 ACADIA REALTY TRUST US AKR 171.27 $4,879.39
00774MAG0 AERCAP IRELAND CAP / GLOBA 4.45000 10/01/2025 IE 269,865.08 $267,217.42
0081180 BARRATT DEVELOPMENTS PLC GB BDEV LN 1,006.56 $7,987.44
008492100 AGREE REALTY CORP US ADC 109.53 $7,199.31
00928QAK7 AIRCASTLE LTD 6.25000 12/01/2019 BM 18,148.65 $18,509.82
0136701 BRITISH LAND CO PLC GB BLND LN 473.94 $3,793.15
015271109 ALEXANDRIA REAL EST EQUITIES US ARE 36.84 $5,006.59
01609W102 ALIBABA GROUP - ADR CN BABA 89.42 $16,365.83
02079K107 ALPHABET INC-CL C US GOOG 397.47 $445,136.37
02079K305 ALPHABET INC-CL A US GOOGL 274.09 $308,771.23
023135106 AMAZON.COM INC US AMZN 116.46 $190,970.00
02319V103 AMBEV SA-ADR BR ABEV 48,116.47 $217,967.60
0237400 DIAGEO PLC GB DGE LN 11,392.02 $441,146.30
02376RAA0 AMERICAN AIRLINES GROUP 5.50000 10/01/2019 US 60,647.06 $61,101.91
024835100 AMERICAN CAMPUS COMMUNITIES US ACC 173.78 $7,830.36
0263494 BAE SYSTEMS PLC GB BA/ LN 2,081.79 $12,835.65
02665T306 AMERICAN HOMES 4 RENT- A US AMH 970.15 $21,188.17
02666TAA5 AMERICAN HOMES 4 RENT 4.25000 02/15/2028 US 143,552.13 $139,666.54
02753GAA7 AMERICAN MIDSTREAM PTR/F 9.50000 12/15/2021 US 21,294.68 $19,676.50
03027X100 AMERICAN TOWER REIT INC US AMT 1,233.31 $217,248.12
03064D108 AMERICOLD REALTY TRUST US COLD 156.17 $4,489.98
03690AAD8 ANTERO MIDSTREAM PART / FI 5.75000 03/01/2027 US 15,093.56 $15,206.76
03748R754 APARTMENT INVT & MGMT CO -A US AIV 301.59 $14,756.71
03784Y200 APPLE HOSPITALITY REIT INC US APLE 301.54 $4,969.45
0405207 HALMA PLC GB HLMA LN 563.36 $11,622.63
0490656 KERRY GROUP PLC-A IE KYGA LN 143.77 $14,816.03
053484101 AVALONBAY COMMUNITIES INC US AVB 198.22 $38,578.98
058498106 BALL CORP US BLL 9,510.51 $520,985.83
06051GFM6 BANK OF AMERICA CORP 4.00000 01/22/2025 US 395,996.14 $396,843.24
0673123 ASSOCIATED BRITISH FOODS PLC GB ABF LN 212.53 $6,330.60
0682538 PERSIMMON PLC GB PSN LN 224.84 $7,262.15
084670702 BERKSHIRE HATHAWAY INC-CL B US BRK/B 1,521.76 $306,331.27
0870612 LLOYDS BANKING GROUP PLC GB LLOY LN 9,569.03 $8,057.87
0878230 TAYLOR WIMPEY PLC GB TW/ LN 3,259.53 $7,836.22
09061G101 BIOMARIN PHARMACEUTICAL INC US BMRN 2,183.3 $203,614.68
0922320 SMITH & NEPHEW PLC GB SN/ LN 566.5 $10,763.93
09247X101 BLACKROCK INC US BLK 240.66 $106,666.03
0946580 WEIR GROUP PLC/THE GB WEIR LN 1,053.34 $22,908.82
096630AE8 BOARDWALK PIPELINES LP 5.95000 06/01/2026 US 377,847.49 $391,606.65
09857L108 BOOKING HOLDINGS INC US BKNG 321.73 $545,990.30
101121101 BOSTON PROPERTIES INC US BXP 252.94 $33,562.05
105368203 BRANDYWINE REALTY TRUST US BDN 1,443.44 $22,690.83
110448107 BRITISH AMERICAN TOB-SP ADR GB BTI 184.49 $6,778.08
11134LAB5 BROADCOM CRP / CAYMN FI 2.37500 01/15/2020 US 13,278.15 $13,186.09
11680JAA0 BRUIN E&P PARTNERS LLC 8.87500 08/01/2023 US 15,093.56 $14,753.95
12503M108 CBOE GLOBAL MARKETS INC US CBOE 2,174.75 $208,580.49
12572Q105 CME GROUP INC US CME 1,106.93 $201,360.92
12592BAB0 CNH INDUSTRIAL CAPITAL L 3.37500 07/15/2019 US 347,296.59 $347,605.02
12596JAA1 CNH 2019-A A1 2.75334 02/28/2020 US 8,398.66 $8,398.58
12646XAH5 CSMC 2013-IVR3 A1 2.50000 05/25/2043 US 110,263.99 $104,183.89
12648TAA7 CSMC 2014-IVR3 A1 3.50000 07/25/2044 US 169,715.38 $168,088.41
12770QAA3 CZR 2017-VICI A 3.53100 10/15/2034 US 172,391.83 $174,417.66
133131102 CAMDEN PROPERTY TRUST US CPT 51.85 $5,085.53
13321L108 CAMECO CORP CA CCJ 494.82 $5,734.93
14980AAA0 CAZENOVIA CREEK FUNDING LLC 3.56070 07/15/2030 US 173,652.98 $172,998.97
156504AH5 CENTURY COMMUNITIES 5.87500 07/15/2025 US 35,329.9 $32,768.49
165183BB9 CFII 2017-4A A1 2.12000 11/15/2029 US 283,111.78 $280,004.99
165240102 CHESAPEAKE LODGING TRUST US CHSP 250.43 $7,542.84
172967EW7 CITIGROUP INC 8.12500 07/15/2039 US 155,226.81 $225,264.32
191216100 COCA COLA CO/THE US KO 8,449.77 $383,112.67
2011646 ALIMENTATION COUCHE-TARD -B CA ATD/B CN 76.92 $4,335.55
20369C106 COMMUNITY HEALTHCARE TRUST I US CHCT 491.32 $17,535.34
2180632 CANADIAN NATL RAILWAY CO CA CNR CN 77.01 $6,608.46
21871N101 CORECIVIC INC US CXW 427.39 $9,052.22
222795106 COUSINS PROPERTIES INC US CUZ 2,459.58 $23,415.23
22282EAH5 COVANTA HOLDING CORP 6.00000 01/01/2027 US 21,203.74 $21,256.74
22546QAD9 CREDIT SUISSE AG 5.40000 01/14/2020 CH 254,262.93 $259,056.86
22822V101 CROWN CASTLE INTL CORP US CCI 119.06 $14,138.08
22944PAA5 CSMC 2013-TH1 A1 2.13000 02/25/2043 US 71,120.97 $66,866.41
229663109 CUBESMART US CUBE 140.17 $4,294.82
2328595 BANCO DO BRASIL S.A. BR BBAS3 BZ 249.86 $3,365.98
23311RAD8 DCP MIDSTREAM OPERATING 5.35000 03/15/2020 US 12,220.36 $12,434.21
2347608 FIRST QUANTUM MINERALS LTD CA FM CN 337.37 $3,868.63
23918K108 DAVITA INC. US DVA 4,520.16 $257,197.03
23918KAR9 DAVITA INC 5.00000 05/01/2025 US 12,220.36 $11,792.65
2434760 MEXICHEM SAB DE CV MX MEXCHEM* MM 2,958.35 $7,194.35
2458771 ITAUSA INVESTIMENTOS ITAU -PR BR ITSA4 BZ 992.18 $3,267.52
2516710 LOJAS AMERICANAS SA - PREF BR LAME4 BZ 372.07 $1,973.19
25271C102 DIAMOND OFFSHORE DRILLING US DO 5,772.85 $55,130.68
253868103 DIGITAL REALTY TRUST INC US DLR 176.92 $20,013.46
25470DAT6 DISCOVERY COMMUNICATIONS 5.20000 09/20/2047 US 276,157.15 $259,892.04
25787GAC4 DONNELLEY FINANCIAL SOL 8.25000 10/15/2024 US 15,093.56 $15,036.95
26151AAA7 DRAX FINCO PLC 6.62500 11/01/2025 GB 3,637.85 $3,696.96
26780TAA5 DYNAGAS LNG PARTNERS/FIN 6.25000 10/30/2019 MH 26,702.9 $26,035.32
269246401 ETRADE FINANCIAL CORP US ETFC 2,135.69 $104,627.60
2715777 QUEBECOR INC -CL B CA QBR/B CN 4,624.11 $112,339.12
2801836 SHAW COMMUNICATIONS INC-B CA SJR/B CN 5,359.4 $110,531.69
285512109 ELECTRONIC ARTS US EA 3,017.09 $288,976.71
2866857 LUNDIN MINING CORP CA LUN CN 671.23 $3,407.29
29373FAB0 EFF 2018 -2 A2 MTGE 3.14000 02/20/2024 US 287,319.72 $287,703.75
29444U700 EQUINIX INC US EQIX 746.84 $316,288.07
2945422 WEG SA BR WEGE3 BZ 433.17 $2,125.39
29472R108 EQUITY LIFESTYLE PROPERTIES US ELS 112.86 $12,260.72
29476L107 EQUITY RESIDENTIAL US EQR 430.04 $31,689.65
297178105 ESSEX PROPERTY TRUST INC US ESS 79.25 $22,177.44
302154BV0 EXPORT-IMPORT BANK KOREA 2.62500 12/30/2020 KR 296,414.34 $294,264.75
30225T102 EXTRA SPACE STORAGE INC US EXR 115.82 $11,111.83
30261KAN6 FREMF 2012-K711 B 3.49989 08/25/2045 US 100,561.9 $100,558.99
30264DAA7 FS ENERGY & POWER FUND 7.50000 08/15/2023 US 24,258.82 $24,545.32
30287EAE0 FREMF 2014-K41 B FLT 3.83216 11/25/2047 US 8,821.78 $8,902.61
30291HAA5 FREMF 2013-K28 X2A 0.10000 06/25/2046 US 13,938,421.39 $44,303.27
30291XAE2 FREMF 2014-K715 B FLT 3.97234 02/25/2046 US 8,567.13 $8,690.24
3128M5VT4 FHLM POOL G03926 6.00000 02/01/2038 US 20,901.36 $22,955.01
3128M6NC8 FHLM POOL G04587 5.50000 08/01/2038 US 3,202.63 $3,470.54
3128M6NS3 FHLM POOL G04601 5.50000 07/01/2038 US 3,527.17 $3,820.22
3128M6SU3 FHLM POOL G04731 5.50000 04/01/2038 US 21,340.54 $23,176.67
3128MJ2E9 FHLM POOL FG 08772 4.50000 07/01/2047 US 180,279.93 $186,961.30
3128MJJT8 FHLM POOL G08273 5.50000 06/01/2038 US 26,627.38 $28,850.55
3128P75X7 FHLM POOL C91762 4.50000 05/01/2034 US 76,632.5 $80,175.90
3128P76G3 FHLM POOL C91771 4.50000 06/01/2034 US 2,687 $2,808.05
3128P76R9 FHLM POOL C91780 4.50000 07/01/2034 US 3,135.39 $3,280.38
3132QQFU1 FHLM POOL Q33778 4.00000 06/01/2045 US 4,460.1 $4,567.67
3132QUNJ8 FHLM POOL Q37592 4.00000 12/01/2045 US 174,161.87 $178,253.49
3132WKQ84 FHLM POOL Q45878 3.00000 12/01/2046 US 254,878.3 $249,680.54
31335AQ92 FHLM POOL FG G60480 4.50000 11/01/2045 US 375,957.81 $393,361.06
3134865 BARCLAYS PLC GB BARC LN 3,385.61 $7,362.29
3136B1YD0 FNR 2018-31 KP 3.50000 07/25/2047 US 144,525.92 $146,493.49
313747206 FEDERAL RLTY INVT TR SH BEN INT US FRT 36.75 $4,909.70
3137A2B34 FHMS K009 X1 FLT 1.27099 08/25/2020 US 1,421,091.98 $20,647.33
3137AME78 FHMS K017 X1 FLT 1.30243 12/25/2021 US 105,278.32 $3,166.85
3137AUPF0 FHMS K021 x1 FLT 1.44097 06/25/2022 US 1,082,819.35 $43,413.48
3137B3NB0 FHMS K030 X1 FLT 0.19512 04/25/2023 US 5,622,551.31 $41,176.75
3137F4YU0 FHR 4791 BA MTGE 4.00000 03/15/2044 US 173,344.13 $177,567.30
3137FG2L8 FHR 4801 BA MTGE 4.50000 05/15/2044 US 178,940.66 $185,616.69
3138EGE26 FEDERAL NATL MTG ASSN AL0152 6.00000 06/01/2040 US 68,906.48 $75,904.52
3138EGHT4 FEDERAL NATL MTG ASSN AL0241 4.00000 04/01/2041 US 101,786.93 $104,702.92
3138EHR87 FEDERAL NATL MTG ASSN AL1410 4.50000 12/01/2041 US 154,099.24 $161,538.70
3138EP2A1 FEDERAL NATL MTG ASSN AL7068 4.50000 09/01/2042 US 166,327.79 $174,717.25
3138EQST0 FEDERAL NATL MTG ASSN AL7729 4.00000 06/01/2043 US 87,359.34 $89,858.98
3138ETT89 FEDERAL NATL MTG ASSN AL8674 FLT 5.65300 01/01/2049 US 188,304.71 $204,503.69
3138WDAY7 FEDERAL NATL MTG ASSN FN AS3622 3.50000 10/01/2044 US 361,663.2 $363,625.53
3138WDRZ6 FEDERAL NATL MTG ASSN AS4103 4.50000 12/01/2044 US 4,573.66 $4,777.38
31403DDX4 FEDERAL NATL MTG ASSN 745418 5.50000 04/01/2036 US 48,702.27 $53,010.66
3140F8RB5 FEDERAL NATL MTG ASSN BD1381 3.50000 06/01/2046 US 84,072.96 $84,377.65
3140H2PH5 FEDERAL NATL MATG ASSN FN BJ1323 3.50000 11/01/2047 US 345,450.19 $346,203.50
3140HPMQ7 FEDERAL NATIONAL MTGE FN BK9366 4.50000 08/01/2048 US 84,374.57 $87,393.26
3140Q84E2 FEDERAL NATL MTG ASSN FN CA1720 5.00000 05/01/2048 US 247,104.93 $259,494.99
3140Q9D42 FEDERAL NATL MTG ASSN FN CA1922 5.00000 06/01/2048 US 10,092.28 $10,598.35
3140Q9JA2 FEDERAL NATL MTGE ASSN FN CA2056 4.50000 07/01/2048 US 262,938.52 $272,345.41
3140Q9PD9 FEDERAL NATL MTG ASSN FN CA2219 5.00000 08/01/2048 US 153,919.92 $161,638.32
31410GCD3 FEDERAL NATL MTG ASSN 888468 5.50000 09/01/2021 US 13,589.67 $13,802.32
31410GN33 FEDERAL NATL MTG ASSN 888810 5.50000 11/01/2022 US 16,748.92 $17,019.48
31417YJC2 FEDERAL NATL MTG ASSN MA0258 4.50000 12/01/2039 US 84,656.6 $88,931.12
31418BBC9 FEDERAL NATL MTG ASSN MA1834 4.50000 02/01/2034 US 67,182.48 $70,188.34
31418BDH6 FEDERAL NATL MTG ASSN MA1903 4.50000 05/01/2034 US 53,163.27 $55,562.99
31418C4M3 FEDERAL NATL MTG ASSN FN MA3527 5.00000 11/01/2048 US 338,534.57 $355,121.24
31418CAF1 FEDERAL NATL MTG ASSN FN MA2705 3.00000 08/01/2046 US 136,337.79 $133,381.34
31418CZ56 FEDERAL NATL MTG ASSN FN MA3463 4.00000 09/01/2033 US 185,185.44 $190,165.01
31418MGR7 FEDERAL NATL MTG ASSN AD0207 6.00000 10/01/2038 US 3,705.79 $4,082.09
31418MKV3 FEDERAL NATL MTG ASSN AD0307 5.50000 01/01/2039 US 2,314.15 $2,511.20
31428X106 FEDEX CORPORATION US FDX 1,147.59 $207,713.57
315786AC7 FIDELITY & GUARA NTY LIFE 5.50000 05/01/2025 US 12,129.41 $11,932.31
3163836 INTERTEK GROUP PLC GB ITRK LN 95.53 $6,445.55
32054K103 FIRST INDUSTRIAL REALTY TR US FR 256.72 $8,605.20
335934AK1 FIRST QUANTUM MINERALS L 7.25000 04/01/2023 CA 6,110.18 $6,003.25
34960PAB7 FORTRESS TRANS & INFRAST 6.50000 10/01/2025 US 18,330.54 $17,918.10
35563BAJ9 FREMF 2014-K37 B FLT 4.55885 01/25/2047 US 183,884.62 $193,734.22
35802XAD5 FRESENIUS MED CARE II 5.62500 07/31/2019 US 312,029.22 $314,607.83
36143WAN1 GAHR 2015-NRF BFX FLT 3.38216 12/15/2034 US 224,042.8 $223,044.82
36246MAT6 GTP AQUISITION PARTNERS 2.35000 06/15/2020 US 55,104.11 $54,363.89
369604BQ5 GENERAL ELECTRIC CO 5.00000 01/21/2021 US 275,611.47 $259,763.81
37045VAR1 GENERAL MOTORS CO FLT 3.66713 09/10/2021 US 257,826.61 $254,095.48
37045XAR7 GENERAL MOTORS FINL CO 3.15000 01/15/2020 US 266,483.29 $266,461.32
37185LAF9 GENESIS ENERGY LP/GENESI 5.62500 06/15/2024 US 18,148.65 $16,878.42
374297109 GETTY REALTY CORP US GTY 302 $9,950.87
37953TAB1 GLOBAL SHIP LEASE INC 9.87500 11/15/2022 MH 30,550.9 $29,793.23
38141GVR2 GOLDMAN SACHS GROUP INC 4.25000 10/21/2025 US 143,552.13 $144,214.82
38379RRX3 GNR 2017-54 AH MTGE 2.60000 12/16/2056 US 183,035.01 $174,268.97
39807UAB2 GREYSTAR REAL ESTATE PAR 5.75000 12/01/2025 US 15,093.56 $15,165.70
400506101 GRUPO AEROPORTUARIO PAC-ADR MX PAC 49.52 $4,617.56
4012250 AIRBUS SE FR AIR FP 71.27 $9,181.57
4031976 ADIDAS AG DE ADS GR 27.68 $6,718.71
40414L109 HCP INC US HCP 540.48 $16,630.51
4057808 L'OREAL FR OR FP 43.04 $10,856.14
4061412 LVMH MOET HENNESSY LOUIS VUITTON FR MC FP 42.41 $14,553.77
406216101 HALLIBURTON CO US HAL 8,014.24 $245,957.08
4076836 INTESA SANPAOLO IT ISP IM 2,387.5 $5,874.26
4162791 THALES SA FR HO FP 9.35 $1,150.14
4163437 CAP GEMINI FR CAP FP 18.6 $2,223.62
421946104 HEALTHCARE REALTY TRUST INC US HR 454.94 $14,398.71
42225P501 HEALTHCARE TRUST OF AMERICA US HTA 726.47 $20,697.26
43300A203 HILTON WORLDWIDE HOLDINGS INC US HLT 121.84 $10,124.89
44107P104 HOST MARRIOTT CORP US HST 695.47 $13,638.15
444454AD4 HUGHES SATELLITE SYSTEMS 5.25000 08/01/2026 US 36,115.4 $35,302.80
45031UCD1 ISTAR INC 5.25000 09/15/2022 US 21,723.81 $21,289.33
45337C102 INCYTE CORP US INCY 4,924.98 $424,680.74
45378A106 INDEPENDENCE REALTY TRUST IN US IRT 880.14 $9,118.24
4574813 MEDIOBANCA SPA IT MB IM 617.07 $6,176.26
45763PAE6 INMARSAT FINANCE PLC 4.87500 05/15/2022 GB 727.57 $727.57
45866F104 INTERCONTINENTALEXCHANGE INC US ICE 2,733.66 $210,901.51
4588364 MICHELIN (CGDE)-B FR ML FP 61.65 $7,389.81
459745GH2 INTL LEASE FINANCE CORP 6.25000 05/15/2019 US 342,252.16 $344,395.56
46187BAA1 IHSFR 2017-SFR2 A 3.33138 12/17/2036 US 53,276.72 $53,276.63
46187BAB9 IHSFR 2017-SFR2 B 3.63138 12/17/2036 US 39,534.27 $39,429.81
46187W107 INVITATION HOMES INC US INVH 714.56 $16,434.96
464286624 ISHARES MSCI THAILAND ETF TH 340.1 $30,476.11
464287739 ISHARES DJ US REAL ESTATE US 54.99 $4,627.54
46625HHL7 JPMORGAN CHASE & CO 6.30000 04/23/2019 US 514,743.77 $517,198.16
46640BAC8 JPMMT 2013-2 A2 3.50000 05/25/2043 US 59,545.09 $58,561.22
46641YAA1 JPMMT 2014-2 1A1 3.00000 06/25/2029 US 77,447.07 $76,689.28
46647PAY2 JPMORGAN CHASE & CO 4.02300 12/05/2024 US 192,069.78 $196,898.37
4682329 PERNOD-RICARD SA FR RI FP 49.25 $8,475.50
4712798 RENAULT SA FR RNO FP 36.57 $2,506.00
4741844 MERCK KGAA DE MRK GR 3,951.69 $408,359.65
476405105 JERNIGAN CAPITAL INC US JCAP 497.71 $10,675.81
478160104 JOHNSON & JOHNSON US JNJ 4,655.86 $636,176.15
47987LAA9 JONAH NRG LLC/FINANCE 7.25000 10/15/2025 US 36,388.24 $23,470.41
4821100 SOLVAY SA BE SOLB BB 157.08 $17,573.67
4824778 SGS SA-REG CH SGSN SW .09 $231.57
4834108 SCHNEIDER ELECTRIC SE FR SU FP 89.33 $6,941.08
4834777 VIVENDI FR VIV FP 116.46 $3,400.82
49446R109 KIMCO REALTY CORP US KIM 451.97 $7,950.18
494550AW6 KINDER MORGAN ENER PART 6.95000 01/15/2038 US 336,167.59 $401,959.97
500630CK2 KOREA DEVELOPMENT BANK 1.37500 09/12/2019 KR 303,690.04 $300,920.89
50187TAE6 LGI HOMES INC 6.87500 07/15/2026 US 27,222.97 $26,746.57
50212YAB0 LPL HOLDINGS INC 5.75000 09/15/2025 US 18,148.65 $18,352.82
502160AM6 LSB INDUSTRIES 9.62500 05/01/2023 US 15,093.56 $15,772.77
5076705 HENKEL AG & CO KGAA VORZUG DE HEN3 GR 64.7 $6,465.71
5107401 BEIERSDORF AG DE BEI GR 187.82 $17,418.51
5176177 ORANGE FR ORA FP 229.04 $3,500.82
5253973 HERMES INTERNATIONAL FR RMS FP 9.26 $5,861.68
5263574 FLSMIDTH & CO A/S DK FLS DC 30.82 $1,479.13
529043101 LEXINGTON REALTY TRUST US LXP 894.78 $8,312.48
531172104 LIBERTY PROPERTY TRUST US LPT 406.15 $19,222.84
5330047 DASSAULT SYSTEMES SA FR DSY FP 43.14 $6,306.29
53815P108 LIVERAMP HOLDINGS INC US RAMP 6,016.76 $323,400.60
54238XAC2 LONESTAR RESOURCES AMERICA 11.25000 01/01/2023 US 12,129.41 $11,826.18
5474008 BANKINTER S.A. ES BKT SM 1,320.24 $10,837.38
550021109 LULULEMON - ADR CA LULU 2,153.73 $323,964.14
5505072 KERING FR KER FP 17.78 $9,702.79
55616XAC1 MACYS RETAIL HLDGS INC 7.00000 02/15/2028 US 120,020.88 $126,463.62
55933JAB0 MAGNACHIP SEMICONDUCTOR 6.62500 07/15/2021 US 26,128.26 $24,821.84
5596991 UCB SA BE UCB BB 46.28 $3,877.47
5669354 REPSOL SA ES REP SM 896.81 $15,433.99
5671735 SANOFI-AVENTIS FR SAN FP 137.57 $11,471.87
5713422 METSO OYJ FI METSO FH 52.57 $1,781.22
5735631 TAG IMMOBILIEN AG DE TEG GR 427.84 $9,949.50
57636Q104 MASTERCARD INC-CLASS A US MA 2,913.94 $654,966.91
58502BAC0 MEDNAX INC 6.25000 01/15/2027 US 18,148.65 $18,249.37
58933Y105 MERCK & CO INC US MRK 2,701.29 $219,587.50
59001ABA9 MERITAGE HOMES CORP 5.12500 06/06/2027 US 15,184.5 $14,159.55
594918104 MICROSOFT CORP US MSFT 5,499.65 $616,125.45
59522J103 MID-AMERICA APARTMENT COMM US MAA 137.48 $14,240.08
5962280 CHOCOLADEFABRIKEN LINDT-PC CH LISP SW .04 $236.36
5966516 SOCIETE GENERALE FR GLE FP 107.47 $3,301.60
5980613 GIVAUDAN - REG CH GIVN SW .09 $227.31
5999330 TELEPERFORMANCE FR TEP FP 36.93 $6,590.30
6055112 AYALA LAND INC PH ALI PM 6,772.13 $5,760.24
6074968 BANK OF THE PHILIPPINE ISLAN PH BPI PM 1,649.35 $2,677.29
609207105 MONDELEZ INTERNATIONAL INC US MDLZ 8,884.43 $418,989.73
6129277 NTT DOCOMO INC JP 9437 JP 248.05 $5,774.45
615369105 MOODY'S CORPORATION US MCO 1,539.26 $266,476.71
61744YAG3 MORGAN STANLEY FLT 3.95763 05/08/2024 US 390,067.85 $392,458.75
6196408 CHUGAI PHARMACEUTICAL CO LTD JP 4519 JP 62.92 $4,282.87
6211732 DAEWOO SHIPBUILDING& MARINE KR 042660 KS 129.31 $3,625.61
62426EAA3 MOUNTAIN PROVINCE DIAMON 8.00000 12/15/2022 CA 36,297.29 $36,388.03
6248990 KDDI CORP JP 9433 JP 246.23 $5,951.21
6250508 DAITO TRUST CONSTRUCT CO LTD JP 1878 JP 1.82 $252.08
6264189 NCSOFT CORP KR 036570 KS 15.37 $6,300.61
6272483 DMCI HOLDINGS INC PH DMC PM 9,356.59 $2,062.36
6284864 GLOBE TELECOM INC PH GLO PM 70.81 $2,597.93
62913TAM4 NGL ENRGY PART LP/FIN CO 6.12500 03/01/2025 US 24,167.88 $22,778.23
6291819 CHINA PETROLEUM & CHEMICAL - H CN 386 HK 12,329.49 $10,628.23
6344456 LG HOUSEHOLD & HEALTH CARE KR 051900 KS 3.06 $3,379.65
637417106 NATIONAL RETAIL PROPERTIES US NNN 180.43 $9,400.52
637870106 NATIONAL STORAGE AFFILIATES US NSA 146.83 $4,158.12
63938CAE8 NAVIENT CORP 7.25000 09/25/2023 US 15,093.56 $15,565.23
64110W102 NETEASE.COM INC- ADR CN NTES 12.31 $2,748.13
6441506 HOYA CORP JP 7741 JP 61.1 $3,735.60
6446620 HYUNDAI HEAVY INDUSTRIES KR 009540 KS 122.93 $14,348.34
6451066 HYUNDAI MIPO DOCKYARD KR 010620 KS 264.74 $14,627.22
6472119 JARDINE MATHESON HLDGS LTD HK JM SP 92.38 $6,326.91
6474494 JOLLIBEE FOODS CORP PH JFC PM 575.49 $3,422.73
647581107 NEW ORIENTAL EDUCATIO- SP ADR CN EDU 179.29 $14,712.29
6482903 KANAMOTO CO LTD JP 9678 JP 246.23 $6,493.12
64829DAG1 NRZT 2014-3A AFX3 3.75000 11/25/2054 US 60,845.02 $60,808.11
64829EAA2 NRZT 2015-2A A1 3.75000 08/25/2055 US 80,264.46 $80,293.20
64829LAA6 NRZT 2016-4A A1 3.75000 11/25/2056 US 84,429.66 $84,752.66
6483809 KAO CORP JP 4452 JP 62.92 $4,770.50
6490995 KEYENCE CORP JP 6861 JP 1.82 $1,063.64
6499550 KYOWA HAKKO KIRIN CO LTD JP 4151 JP 309.15 $5,907.90
6514442 METROPOLITAN BANK & TRUST PH MBT PM 2,265.1 $3,332.05
6518808 LION CORP JP 4912 JP 310.97 $6,379.06
6531827 GEELY AUTOMOBILE HOLDINGS LT CN 175 HK 6,575.68 $12,350.76
6642387 YAMAHA CORP JP 7951 JP 246.23 $12,143.43
6644800 NITORI HOLDINGS CO LTD JP 9843 JP 1.82 $227.20
66727WAA0 NORTHWEST ACQ/DOMINION 7.12500 11/01/2022 CA 36,297.29 $33,484.25
66987V109 NOVARTIS AG- REG CH NVS 8,299.53 $757,166.18
6742340 SHANDONG WEIGAO CN 1066 HK 7,404.97 $6,437.64
6743882 JAPAN EXCHANGE GROUP INC JP 8697 JP 372.07 $6,586.18
6772217 SAMSUNG HEAVY INDUSTRIES KR 010140 KS 522.91 $4,250.13
6791591 SECOM CO LTD JP 9735 JP 61.1 $5,285.27
6818843 SM PRIME HOLDINGS INC PH SMPH PM 9,450.3 $7,000.02
68323ADY7 ONTARIO (PROVINCE OF) 1.25000 06/17/2019 CA 120,708.01 $120,199.65
6865504 SUZUKI MOTOR CORP JP 7269 JP 185.12 $9,506.04
6883807 SYSMEX CORP JP 6869 JP 64.74 $3,914.97
6885074 TERUMO CORP JP 4543 JP 64.74 $3,976.70
6911485 UNICHARM CORP JP 8113 JP 309.15 $9,847.39
69145AAB4 OXFIN 2019-1A A2 4.45900 02/15/2027 US 10,913.55 $10,961.75
69145LAA2 OXFORD FIN LLC/CO-ISS II 6.37500 12/15/2022 US 24,258.82 $24,925.94
6919519 UNIVERSAL ROBINA CORP PH URC PM 1,262.23 $3,316.19
6979728 WOODSIDE PETROLEUM LTD AU WPL AU 289.45 $7,417.65
6985112 YAKULT HONSHA CO LTD JP 2267 JP 62.92 $4,228.34
70014LAC4 PARK AEROSPACE HOLDINGS 4.50000 03/15/2023 KY 25,480.86 $25,289.75
7021963 DEUTSCHE BOERSE AG DE DB1 GR 73.96 $9,337.91
7062713 SODEXO FR SW FP 58.59 $6,436.66
7088429 AXA SA FR CS FP 291.32 $7,376.71
7103065 NOVARTIS AG-REG CH NOVN SW 205.42 $18,720.62
7103526 PEUGEOT SA FR UG FP 58.77 $1,494.39
7110388 ROCHE HOLDING AG-GENUSSCHEIN CH ROG SW 92.47 $25,663.00
7110902 TECAN GROUP AG-REG CH TECN SW 15.55 $3,524.34
7123870 NESTLE SA-REGISTERED CH NESN SW 5,269.02 $476,603.58
7133608 EQUINOR ASA NO EQNR NO 642.79 $14,457.57
713448108 PEPSICO INC US PEP 3,556.68 $411,294.14
7145056 ENI SPA IT ENI IM 875.01 $15,090.34
7156036 SONOVA HOLDING AG-REG CH SOON SW 58.41 $10,898.70
71943U104 PHYSICIANS REALTY TRUST US DOC 1,236.04 $22,335.21
7212477 ESSILORLUXOTTICA FR EL FP 52.3 $6,329.62
7262610 CREDIT AGRICOLE SA FR ACA FP 187.63 $2,401.45
729640102 PLYMOUTH INDUSTRIAL REIT INC US 274.29 $4,213.02
7309681 BNP PARIBAS FR BNP FP 168.85 $8,643.51
7380482 COMPAGNIE DE SAINT-GOBAIN FR SGO FP 70.18 $2,525.54
741503AZ9 BOOKING HOLDINGS INC 3.60000 06/01/2026 US 401,924.42 $392,810.13
74340W103 PROLOGIS US PLD 649.28 $45,488.48
744320AL6 PRUDENTIAL FINANCIAL INC 5.87500 09/15/2042 US 252,080.22 $266,007.65
74460D109 PUBLIC STORAGE INC US PSA 124.89 $26,414.02
756109104 REALTY INCOME CORP US O 79.61 $5,506.12
75886F107 REGENERON PHARMACEUTICALS INC US REGN 459.12 $197,760.94
76131D103 RESTAURANT BRANDS INTERN CA QSR 105.15 $6,646.30
7698356 GETINGE AB-B SHS SE GETIB SS 665.27 $7,856.89
77340RAK3 ROCKIES EXPRESS PIPELINE 5.62500 04/15/2020 US 24,349.77 $24,836.77
77714PAB5 SEMGROUP / ROSE ROCK FIN 5.62500 07/15/2022 US 12,129.41 $11,811.02
780259107 ROYAL DUTCH SHELL PLC-ADR B NL RDS/B 347.77 $22,121.75
783513203 RYANAIR HOLDINGS - ADR IE RYAAY 86 $6,410.23
78409V104 S&P GLOBAL INC US SPGI 1,372.94 $275,095.56
78410G104 SBA COMMUNICATIONS CORP US SBAC 1,115.29 $201,377.33
78442PGC4 SLM CORP 5.12500 04/05/2022 US 24,349.77 $23,801.90
78470RAC1 SOFI 2016-E A2B 2.49000 01/25/2036 US 247,094.96 $243,493.57
78471DAA5 SCLP 2016-1 A 3.26000 08/25/2025 US 97,805.27 $97,732.30
78490DAA2 SOFI 2018-C A1FX 3.08000 01/25/2048 US 10,787.37 $10,805.06
785592AV8 SABINE PASS LIQUEFACTION 5.87500 06/30/2026 US 400,287.39 $436,490.24
80282KAE6 SANTANDER HOLDINGS USA 4.50000 07/17/2025 US 263,936.79 $268,076.73
806857108 SCHLUMBERGER LTD NL SLB 5,199.34 $229,082.86
808513105 CHARLES SCHWAB CORP/THE US SCHW 4,585.37 $210,972.87
81141R100 SEA LTD - ADR SG SE 494.27 $10,626.83
812578102 SEATTLE GENETICS INC US SGEN 3,469.01 $257,677.74
81745EAA7 SEMT 2013-8 A1 3.00000 06/25/2043 US 84,499.15 $81,845.70
81745MAA9 SEMT 2013-2 1.87400 02/25/2043 US 67,679.05 $60,743.87
81762P102 SERVICENOW INC US NOW 449.68 $107,671.60
822538AE4 SHELF DRILL HOLD LTD 8.25000 02/15/2025 KY 21,203.74 $20,249.57
828806109 SIMON PROPERTY GROUP INC US SPG 298.85 $54,140.23
83401BAA4 SOFI 2017-F A1FX 2.05000 01/25/2041 US 30,412.11 $30,191.84
83401BAB2 SOFI 2017-F A2FX 2.84000 01/25/2041 US 43,097.96 $42,293.16
83402QAA0 SCLP 2016-2 A 3.09000 10/27/2025 US 3,758.25 $3,751.55
83404YAA1 SCLP 2016-5 A 3.06000 09/25/2028 US 90,133.44 $89,880.57
83405DAB4 SOFI 2017-C A2A 1.75000 07/25/2040 US 10,359.32 $10,297.03
83406EAB1 SOFI 2018-A A2A 2.39000 02/25/2042 US 72,397.46 $71,869.83
84265VAD7 SOUTHERN COPPER CORP 5.37500 04/16/2020 US 335,440.02 $343,708.89
845467AL3 SOUTHWESTERN ENERGY CO 6.20000 01/23/2025 US 27,452.01 $27,169.26
85254J102 STAG INDUSTRIAL INC US STAG 391.23 $10,829.34
85571XAA5 SRPT 2014-STAR A FLTG RATE 3.70875 11/15/2027 US 184,120.11 $182,584.92
862121100 STORE CAPITAL CORP US STOR 162.19 $5,266.39
866674104 SUN COMMUNITIES US SUI 180.25 $20,471.03
867892101 SUNSTONE HOTEL INVESTORS INC US SHO 648.64 $9,762.07
874080104 TAL EDUCATION GROUP - ADR CN TAL 120.33 $4,283.78
876664103 TAUBMAN CTRS INC US TCO 67.21 $3,587.78
87677QAA9 TXEZ 2016-1A 3.13100 06/15/2028 US 1,337.41 $1,328.45
87854WAA1 TECHNIPLAS LLC 10.00000 05/01/2020 US 21,203.74 $19,825.49
88104LAE3 TERRAFORM POWER OPERATIN 5.00000 01/31/2028 US 15,093.56 $14,338.88
88650V208 TIER REIT INC US TIER 781.56 $18,952.76
89173CAA5 TPMT 2016-5 A1 2.50000 10/25/2056 US 146,425.45 $142,144.86
89177EAA7 TPMT 2019-HY1 A1 3.51400 10/25/2048 US 136,205.79 $136,369.23
89613BAA5 TAH 2016-SFR1 A 2.58900 11/17/2033 US 136,927.49 $134,291.97
89613FAA6 TAH 2017-SFR2 A 2.92800 01/17/2036 US 143,010.58 $139,725.14
901109AF5 TUTOR PERINI CORP 6.87500 05/01/2025 US 26,721.09 $26,721.09
902653104 UDR INC US UDR 387.27 $17,202.48
903002103 UMH PROPERTIES INC US UMH 351.88 $4,813.73
904767704 UNILEVER PLC - ADR GB UL 7,007.17 $372,991.49
912810FM5 UNITED STATES TREAS BOND 6.25000 05/15/2030 US 504,455.53 $673,842.24
912810PT9 UNITED STATES TREAS BOND 4.75000 02/15/2037 US 850,887.86 $1,077,702.66
912810QV3 UNITED STATES TREAS INFL INDEX 0.75000 02/15/2042 US 242,264.81 $225,161.17
912810RK6 US TREASURY N/B 2.50000 02/15/2045 US 1,196,486.85 $1,070,855.73
912810RX8 US TREASURY N/B 3.00000 05/15/2047 US 833,113.77 $819,998.74
9128282N9 US TREASURY N/B 2.12500 07/31/2024 US 144,695.44 $141,569.79
9128283W8 US TREASURY N/B 2.75000 02/15/2028 US 1,051,233.43 $1,055,750.45
912828K33 UNITED STATES TREAS INFL INDEX 0.12500 04/15/2020 US 2,666,662.45 $2,646,037.47
912828R36 US TREASURY N/B 1.62500 05/15/2026 US 1,160,746 $1,084,662.72
912828S92 US TREASURY N/B 1.25000 07/31/2023 US 2,614,609.46 $2,476,729.65
912828UH1 UNITED STATES TREAS INFL INDEX 0.12500 01/15/2023 US 230,521.58 $226,095.01
912828X88 US TREASURY N/B 2.37500 05/15/2027 US 1,104,274.35 $1,081,110.47
912828XB1 UNITED STATES TREAS NTS 2.12500 05/15/2025 US 1,057,336.57 $1,028,920.65
912828XQ8 US TREASURY N/B 2.00000 07/31/2022 US 18.19 $17.89
91704F104 URBAN EDGE PROPERTIES US UE 760.55 $14,769.92
92276F100 VENTAS INC US VTR 170.81 $10,718.46
92339V100 VEREIT INC US VER 1,807.7 $14,407.40
92343VDV3 VERIZON COMMUNICATIONS 5.50000 03/16/2047 US 359,880.74 $400,034.08
92532F100 VERTEX PHARMACEUTICALS INC US VRTX 855.32 $161,441.15
92826C839 VISA INC - CLASS A SHARES US V 4,081.32 $604,524.70
929042109 VORNADO REALTY TRUST US VNO 252.03 $16,963.89
92922PAL0 W & T OFFSHORE INC 9.75000 11/01/2023 US 12,220.36 $12,098.16
92960PAA7 W/S PACKAGING HOLDINGS 9.00000 04/15/2023 US 24,076.93 $24,739.05
93065PAA9 WBHT 2019-WBM A FLT 3.60000 12/15/2033 US 124,076.37 $123,526.57
94856UAA9 WEEKLEY HOMES LLC/ FINAN 6.62500 08/15/2025 US 23,684.19 $22,322.34
948741103 WEINGARTEN REALTY INVESTORS US WRI 433.28 $12,482.71
95040Q104 WELLTOWER INC. US WELL 207.2 $15,397.06
962178AL3 TRI POINTE HOLDINGS INC 4.37500 06/15/2019 US 57,591.97 $57,519.98
962178AN9 TRI POINTE GROUP / HOMES 5.87500 06/15/2024 US 21,203.74 $20,759.78
96949LAD7 WILLIAMS PARTNERS LP 3.75000 06/15/2027 US 204,108.25 $198,074.81
97651JAE6 WINWATER MORTGAGE LOAN TRUST 3.50000 03/20/2045 US 68,759.82 $68,711.07
98919V105 ZAYO GROUP HOLDINGS INC US ZAYO 4,200.02 $104,160.60
AP8694550 BOREALIS FINANCE LLC 7.50000 11/16/2022 MH 3,637.85 $3,511.98
B00FM53 BANCO BRADESCO SA - PREF BR BBDC4 BZ 846.33 $9,740.53
B01FLR7 PING AN INSURANCE GROUP CO-H CN 2318 HK 934.72 $9,881.21
B01JCK9 LI NING CO LTD CN 2331 HK 9,147.7 $12,828.61
B02L3W3 BERKELEY GROUP HOLDINGS GB BKG LN 141.72 $7,422.74
B037HR3 ITAU UNIBANCO HOLDINGS S-PREF BR ITUB4 BZ 850.88 $8,025.93
B058TZ6 SAFRAN SA FR SAF FP 37.12 $5,059.48
B068DB9 SM INVESTMENTS CORP PH SM PM 267.79 $4,861.96
B07DRZ5 RECORDATI SPA IT REC IM 117 $4,397.57
B09DHL9 MTU AERO ENGINES HOLDING AG DE MTX GR 27.77 $5,951.86
B0C2CQ3 ENGIE FR ENGI FP 184.85 $2,784.93
B0CGYD6 LOJAS RENNER S.A. BR LREN3 BZ 205.73 $2,366.66
B0SWJX3 LONDON STOCK EXCHANGE GROUP GB LSE LN 274.27 $16,378.70
B0YZ0Z5 DEUTSCHE WOHNEN SE DE DWNI GR 442.52 $20,593.84
B11TCY0 SCHINDLER HOLDING-PART CERT CH SCHP SW 27.86 $6,288.34
B15C557 TOTAL SA FR FP FP 267.52 $15,226.94
B1FW751 GALP ENERGIA SGPS SA PT GALP PL 859.28 $14,088.36
B1JB4K8 SYMRISE AG DE SY1 GR 73.87 $6,509.99
B1KFX13 GRUPO AEROPORTUARIO DEL CENT MX OMAB MM 1,046.01 $5,960.94
B1WGG93 GEBERIT AG-REG CH GEBN SW 15.46 $6,164.39
B1XFTL2 HEXAGON AB-B SHS SE HEXAB SS 154.03 $8,091.61
B1XH026 VINCI SA FR DG FP 212.07 $20,240.54
B1Y9TB3 DANONE FR BN FP 291.23 $21,996.70
B1YVKN8 ANTA SPORTS PRODUCTS LTD CN 2020 HK 2,480.45 $14,541.84
B1YXBJ7 AIR LIQUIDE FR AI FP 63.52 $7,917.77
B1Z9Q99 ABOITIZ POWER CORP PH AP PM 4,002.54 $2,695.20
B247XZ6 MANILA ELECTRIC COMPANY PH MER PM 412.47 $2,931.47
B249GC0 MATSUMOTOKIYOSHI HOLDINGS CO JP 3088 JP 186.94 $6,401.40
B2B0DG9 RELX PLC GB REL LN 286.31 $6,572.37
B3NB1P2 SUNCOR ENERGY INC CA SU CN 329.44 $11,355.64
B3ZCNF7 TELEFONICA BRASIL S.A. - PREF BR VIVT4 BZ 185.12 $2,316.42
B3ZD2V9 MEX BONOS DESARR FIX RT 6.50000 06/10/2021 MX 326,457.35 $16,389.07
B4888C1 CANADIAN GOVERNMENT FLT 2.75000 06/01/2022 CA 40,356.15 $31,583.87
B4975P9 MAGAZINE LUIZA SA BR MGLU3 BZ 61.1 $2,804.94
B4NDCC9 MEX BONOS DESARR FIX RT 6.50000 06/09/2022 MX 531,355.15 $26,351.98
B4R2R50 JULIUS BAER CH BAER SW 297.2 $12,949.56
B4V5RY4 BANCO SANTANDER BRASIL - UNIT BR SANB11 BZ 307.33 $3,701.53
B4YN9R2 SINGAPORE GOVERNMENT 2.50000 06/01/2019 SG 70,077.75 $51,889.68
B5VJH76 BDO UNIBANK INC PH BDO PM 1,975.56 $4,870.74
B607XS1 VERMILION ENERGY INC CA VET CN 295.47 $7,557.71
B615Y14 MEX BONOS DESARR FIX RT 8.00000 06/11/2020 MX 806,828.53 $41,799.30
B61JC67 TREASURY WINE ESTATES LTD AU TWE AU 1,357.32 $14,418.40
B63QM77 NEXON CO LTD JP 3659 JP 1,189.67 $18,970.74
B6TC406 MEX BONOS DESARR FIX RT 7.75000 05/29/2031 MX 102,170.68 $5,042.93
B725S29 PUREGOLD PRICE CLUB INC PH PGOLD PM 2,464.08 $2,237.80
B7T7721 ROYAL BANK OF SCOTLAND GB RBS LN 2,277.68 $8,010.31
B8FMRX8 COLOPLAST-B DK COLOB DC 67.76 $6,757.33
B8K9X70 GRAND CITY PROPERTIES DE GYC GR 441.3 $10,378.05
B92RW83 LT GROUP INC PH LTG PM 7,692.29 $2,201.20
B9895B7 COCA-COLA HBC AG-DI CH CCH LN 123.29 $4,146.91
B9G6L89 LEG IMMOBILIEN AG DE LEG GR 138.48 $15,439.92
B9N3SQ0 BB SEGURIDADE PARTICIPACOES BR BBSE3 BZ 310.97 $2,247.70
BBD7Q84 SUNTORY BEVERAGE & FOOD LTD JP 2587 JP 124.02 $5,463.54
BBG00N27NTT1 BKNG US 03/01/19 C1970 US -.59 -$2.96
BBG00N61WF92 GOOG US 03/08/19 C1110 US -.65 -$1,168.55
BBG00N7D9W85 EA US 03/22/19 P87 US -15.42 -$1,033.20
BBJPFY1 VONOVIA SE DE VNA GR 427.75 $20,703.70
BD0Q398 KONINKLIJKE AHOLD DELHAIZE N NL AD NA 160.23 $4,129.45
BD1WX84 ENGIE BRASIL ENERGIA SA BR EGIE3 BZ 126.75 $1,398.39
BD3JR69 CHINA MAPLE LEAF EDUCATIONAL CN 1317 HK 14,518.92 $6,528.41
BD4TZK8 OCI NV NL OCI NA 295.65 $7,010.76
BD9Y5C0 TECHNOGYM SPA IT TGYM IM 633.99 $8,114.02
BD9Y9B7 BASIC-FIT NV NL BFIT NA 251.06 $8,130.31
BDQZ7T7 WISDOM EDUCATION INTERNATION CN 6068 HK 14,628.05 $6,349.27
BDZV116 EPIROC AB-A SE EPIA SS 151.52 $1,520.60
BF1K7P7 ESSITY AKTIEBOLAG-B SE ESSITYB SS 154.03 $4,298.19
BF2DSG3 SIKA AG-REG CH SIKA SW 49.25 $6,651.97
BF7LBH4 ATACADAO DISTRIBUICAO COMERC BR CRFB3 BZ 373.89 $1,970.89
BFTCYP4 ROBINSONS RETAIL HOLDINGS IN PH RRHI PM 1,335.73 $2,259.79
BG36ZK1 B3 SA-BRASIL BOLSA BALCAO BR B3SA3 BZ 434.99 $3,817.00
BG7ZWY7 AMBEV SA BR ABEV3 BZ 1,549.37 $7,098.94
BGHQ198 HIBERNIA REIT PLC IE HBRN ID 5,326.51 $7,779.29
BH4TZ73 FU SHOU YUAN INTERNATIONAL CN 1448 HK 15,868.28 $13,842.92
BHC8X90 NOVO NORDISK A/S-B DK NOVOB DC 129.41 $6,344.17
BJ2KSG2 AKZO NOBEL NL AKZA NA 196.73 $17,835.24
BMMV2K8 TENCENT HOLDINGS LTD CN 700 HK 9,608.52 $411,468.11
BNGN9Z1 FINECOBANK SPA IT FBK IM 1,293.23 $16,043.55
BP9DL90 INDUSTRIA DE DISENO TEXTIL ES ITX SM 9,662.1 $291,661.72
BQRRZ00 RECRUIT HOLDINGS CO LTD JP 6098 JP 246.23 $6,902.99
BSQXJ01 THULE GROUP AB/THE SE THULE SS 554.83 $12,320.36
BSS7GP5 AGL ENERGY LTD AU AGL AU 707.95 $10,661.67
BW1YVH8 WALMART DE MEXICO SAB DE CV MX WALMEX* MM 2,484.1 $6,428.82
BYMXPS7 UNICREDIT SPA IT UCG IM 468.06 $6,356.72
BYNXBZ5 ADO PROPERTIES SA DE ADJ GR 89.42 $5,119.68
BYW0PQ6 LAND SECURITIES GROUP PLC GB LAND LN 313.8 $3,747.59
BYWPGC4 CHINA YUHUA EDUCATION CORP L CN 6169 HK 21,814.75 $8,690.29
BYXS699 QIAGEN N.V. NL QIA GR 258.72 $9,895.00
BYYHL23 ANHEUSER-BUSCH INBEV SA/NV BE ABI BB 6,849.56 $535,074.32
BYZFZ91 SOPHOS GROUP PLC GB SOPH LN 2,118.64 $9,238.35
G02602103 AMDOCS LTD GG DOX 221.69 $12,319.56
G0772R208 BANK OF N.T. BUTTERFIELD&SON BM NTB 176.41 $7,187.10
G25839104 COCA-COLA EUROPEAN PARTNERS GB CCEP 86.36 $4,071.06
G27358103 DESPEGAR.COM CORP AR DESP 231.68 $4,167.89
G37585AC3 GASLOG LTD 8.87500 03/22/2022 BM 33,333.15 $34,416.47
G5960L103 MEDTRONIC INC IE MDT 7,800.75 $705,967.81
G84720104 STERIS PLC GB STE 33.97 $4,108.98
G97822103 PERRIGO CO PLC IE PRGO 335.02 $16,315.59
H8817H100 TRANSOCEAN LTD US RIG 9,684.57 $79,122.97
M22465104 CHECK POINT SOFTWARE TECH IL CHKP 52.48 $6,418.57
N22717107 CORE LABORATORIES N.V. NL CLB 105.24 $6,820.43
N47279109 INTERXION HOLDING NV NL INXN 5,352.36 $350,579.74
N72482123 QIAGEN N.V. ADR NL QGEN 154.76 $5,947.25
USD US DOLLAR US 634,800.7 $634,800.70

Based on the investments of the underlying fund(s): Manning & Napier Fund, Inc. Pro-Blend® Extended Term Series and Manning & Napier Fund, Inc. Pro-Blend® Moderate Term Series through 10/15/2017, and Manning & Napier Fund, Inc. Blended Asset Extended Series and Manning & Napier Fund, Inc. Blended Asset Moderate Series beginning 10/16/2017. Investments will change over time and as the target date fund gradually becomes more conservative. Fund holdings list does not include securities with positions less than 0.005 shares.

Distributions

  • Target 2020 Series Class K Distribution History
  • 2019 Distribution Calendar
  • Fourth Quarter 2018 Distributions
  • Third Quarter 2018 Distributions
  • Second Quarter 2018 Distributions
  • First Quarter 2019 Distributions
  • Tax Letter

A Word About Risk

Each Manning & Napier Fund, Inc. Target Series is invested in one or two of four proprietary risk-based funds based on the Target Series becoming increasingly conservative over time. Because the underlying funds invest 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 target date funds will also involve a number of other risks, including issuer-specific risk, foreign investment risk, and small-cap/mid-cap risk, as the underlying investments change over time. 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. Principal value is not guaranteed at any time, including at the target date (the approximate year when an investor plans to stop contributions and start periodic withdrawals).


Loading...