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 28% - 68%.

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 2025
  • Who 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.

Learn more about our Glide Range SM

Daily Price

$12.20

Daily $ Change

-$0.02

Daily % Change

-0.16%

as of 01/18/2018

Ticker

MTOAX

CUSIP

56382P419

Inception Date

06/25/2012

Investment Minimum

$1,000,000.00

Investment minimum may be waived for certain qualified retirement plans.

Important Documents

Summary Prospectus
Prospectus
Statement of Additional Information
Annual Report
Semi-Annual Report
Fact Sheet
Applications & Forms
XBRL-03/14/17

Information on Underlying Investments

Blended Asset Series Prospectus
Blended Asset Series SAI
XBRL Blended Asset Series – 11/02/2017
Blended Asset Series Annual Report
Pro-Blend® 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. Prior to 10/16/2017, the underlying funds were the Manning & Napier Fund, Inc. Pro-Blend Series. The annual report for the Blended Asset Series as of 10/31/2017 and the semi-annual report for the Pro-Blend Series as of 04/30/2017 are provided above.

Annualized Performance

As of 12/31/2017

YTD

---

1 Year

13.66%

3 Year

3.94%

5 Year

6.78%

10 Year

---

Inception
(06/25/2012)

8.12%

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 1.06%
Net 0.73%*

*Includes 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 (02/29/2028) without the approval of the Fund's Board of Directors.

Top Ten Investments

As of 12/31/2017

TREASURY NOTES 15.43%
GOVERNMENT AGENCY 8.06%
TREASURY BONDS 3.36%
SERVICENOW INC 2.01%
FACEBOOK INC -A 1.91%
PRICELINE GROUP INC 1.66%
DAVITA INC. 1.62%
SKYWORKS SOLUTIONS INC 1.38%
QORVO INC 1.23%
NOVARTIS AG- REG 1.14%

Top Ten Investments list is unaudited and excludes cash

Asset Allocation

As of 12/31/2017

Bonds 53.99%
Stocks 44.59%
Cash 1.42%

Detailed Asset Class Allocation

As of 12/31/2017

International Equities 12.64%
Small Capitalization 0.81%
Mid Capitalization 5.89%
Large Capitalization 25.25%
Long Term Fixed Income 10.31%
Intermediate Term Fixed Income 38.95%
Short Term Fixed Income 4.73%
Cash 1.42%

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

December Fund Holdings

As of 12/31/2017

CUSIP Security Description Country Ticker Shares/Par Market Value (USD)
00163UAB2 AMAG PHARMACEUTICALS INC 7.87500 09/01/2023 US 10,878.37 $10,592.81
00206REM0 AT&T INC 3.90000 08/14/2027 US 153,347.26 $154,371.89
00254EML3 SWEDISH EXPORT CREDIT 1.12500 08/28/2019 SE 147,390.8 $145,085.61
00289XAA7 ABENGOA YIELD PLC 7.00000 11/15/2019 GB 24,798.33 $26,131.24
004239109 ACADIA REALTY TRUST US AKR 172.07 $4,707.84
0045614 ANTOFAGASTA PLC GB ANTO LN 6,959.44 $93,925.05
00507VAM1 ACTIVISION BLIZZARD 3.40000 06/15/2027 US 139,881.98 $140,866.18
0053673 ASHTEAD GROUP PLC GB AHT LN 624.91 $16,761.01
00772BAF8 AERCAP IRELAND CAP LTD/A 4.50000 05/15/2021 IE 122,158.98 $128,293.66
008492100 AGREE REALTY CORP US ADC 77.27 $3,974.96
00928QAK7 AIRCASTLE LTD 6.25000 12/01/2019 BM 5,803.87 $6,123.08
009563AD9 AIRXCEL INC 8.50000 02/15/2022 US 16,461.36 $17,449.04
013093AD1 ALBERTSONS COS LLC/SAFEW 5.75000 03/15/2025 US 3,261.44 $2,941.82
015271109 ALEXANDRIA REAL EST EQUITIES US ARE 156.59 $20,449.50
01609W102 ALIBABA GROUP - ADR CN BABA 208.1 $35,882.89
01609WAT9 ALIBABA GROUP HOLDING 3.40000 12/06/2027 KY 113,987.53 $113,958.78
01748XAA0 ALLEGIANT TRAVEL CO 5.50000 07/15/2019 US 10,104.52 $10,369.76
02005NAT7 ALLY FINANCIAL INC 3.50000 01/27/2019 US 6,091.47 $6,121.93
02079K107 ALPHABET INC-CL C US GOOG 184.07 $192,609.74
02079K305 ALPHABET INC-CL A US GOOGL 183.17 $192,955.00
023135106 AMAZON.COM INC US AMZN 366.59 $428,719.86
023135BA3 AMAZON.COM INC 3.15000 08/22/2027 US 76,065.83 $76,180.46
02319V103 AMBEV SA-ADR BR ABEV 56,464.71 $364,762.05
0237400 DIAGEO PLC GB DGE LN 11,874.64 $435,256.38
02376RAA0 AMERICAN AIRLINES GROUP 5.50000 10/01/2019 US 10,203.84 $10,484.44
024835100 AMERICAN CAMPUS COMMUNITIES US ACC 178.48 $7,323.11
02665T306 AMERICAN HOMES 4 RENT- A US AMH 649.59 $14,187.01
026874CY1 AMERICAN INTL GROUP 4.12500 02/15/2024 US 99,614.94 $105,253.46
03027XAH3 AMERICAN TOWER CORP 3.30000 02/15/2021 US 143,860.89 $146,498.68
03040WAQ8 AMERICAN WATER CAPITAL C 2.95000 09/01/2027 US 156,000.9 $154,388.01
034863AB6 ANGLO AMERICAN CAPITAL 9.37500 04/08/2019 GB 6,622.2 $7,180.68
034863AT7 ANGLO AMERICAN CAPITAL 4.00000 09/11/2027 GB 128,039.92 $127,184.51
03523TBF4 ANHEUSER-BUSCH INBEV WOR 8.20000 01/15/2039 US 98,288.12 $156,315.17
03748R101 APARTMENT INVT & MGMT CO -A US AIV 366.03 $15,999.13
038222AL9 APPLIED MATERIALS INC 3.30000 04/01/2027 US 149,478.02 $152,033.87
03938LAQ7 ARCELORMITTAL 5.75000 08/05/2020 LU 3,261.44 $3,440.82
03965L100 ARCONIC INC. US ARNC 10,329.68 $281,483.78
0405207 HALMA PLC GB HLMA LN 500.99 $8,512.42
044186104 ASHLAND GLOBAL HOLDINGS INC US ASH 2,833.82 $201,767.65
04621WAC4 ASSURED GUARANTY US HLDG 5.00000 07/01/2024 US 177,007.59 $190,709.02
0490656 KERRY GROUP PLC-A IE KYGA LN 115.91 $13,034.77
053484101 AVALONBAY COMMUNITIES INC US AVB 109.55 $19,545.61
05501U106 AZUL S.A SPONSORED ADR PFD BR AZUL 325.45 $7,755.37
05565QCS5 BP CAPITAL MARKETS PLC 3.53500 11/04/2024 GB 142,821.68 $148,387.59
0557681 HOWDEN JOINERY GROUP INC GB HWDN LN 1,060.3 $6,674.41
05582QAD9 BMWOT 2016-A A3 1.16000 11/25/2020 US 60,397.48 $59,932.39
05604LAA0 BWAY 2015-1740 A 2.91700 01/10/2035 US 185,864.95 $182,552.15
058498106 BALL CORP US BLL 5,783.56 $218,907.64
06051GFM6 BANK OF AMERICA CORP 4.00000 01/22/2025 US 105,220.17 $109,467.05
06739FFU0 BARCLAYS BANK PLC 10.17900 06/12/2021 GB 53,876.13 $65,660.60
09061G101 BIOMARIN PHARMACEUTICAL INC US BMRN 4,231.96 $377,363.58
09062X103 BIOGEN IDEC INC US BIIB 883.42 $281,430.06
09247X101 BLACKROCK INC US BLK 457.23 $234,883.53
0946580 WEIR GROUP PLC/THE GB WEIR LN 1,114.63 $31,949.32
09627J102 BLUEROCK RESIDENTIAL GROWTH US 340.88 $3,446.29
096630AE8 BOARDWALK PIPELINES LP 5.95000 06/01/2026 US 100,941.76 $112,595.56
101121101 BOSTON PROPERTIES INC US BXP 145.59 $18,931.49
105368203 BRANDYWINE REALTY TRUST US BDN 440.15 $8,006.37
110122108 BRISTOL MYERS SQUIBB CO US BMY 2,915.82 $178,681.19
110448107 BRITISH AMERICAN TOB-SP ADR GB BTI 130.66 $8,753.22
11120U105 BRIXMOR PROPERTY GROUP INC US BRX 174.61 $3,258.27
12467AAD0 C&S GROUP ENTERPRISES 5.37500 07/15/2022 US 21,270.5 $20,047.44
12527GAB9 CF INDUSTRIES INC 7.12500 05/01/2020 US 1,691.5 $1,844.24
126307AH0 CSC HOLDINGS LLC 5.25000 06/01/2024 US 19,435.19 $19,143.67
12646XAH5 CSMC 2013-IVR3 A1 2.50000 05/25/2043 US 57,801.59 $54,986.02
12770QAA3 CZR 2017-VICI A 3.53100 10/15/2034 US 43,141.06 $44,118.33
133131102 CAMDEN PROPERTY TRUST US CPT 90.82 $8,360.52
13321L108 CAMECO CORP CA CCJ 617.01 $5,695.00
14314JAC4 CARMX 2017-1 A3 1.98000 11/15/2021 US 32,355.8 $32,281.36
14912Y202 CATCHMARK TIMBER TRUST INC US CTT 669.54 $8,791.09
156504AH5 CENTURY COMMUNITIES 5.87500 07/15/2025 US 21,712.25 $21,820.82
156700BA3 CENTURYLINK INC 7.50000 04/01/2024 US 10,635.25 $10,608.66
161175BB9 CHARTER COMM OPT LLC/CAP 4.46400 07/23/2022 US 4,477.05 $4,671.12
16411QAA9 CHENIERE ENERGY PARTNERS 5.25000 10/01/2025 US 14,117.57 $14,364.63
16412XAD7 CHENIERE CORP CHRISTI HD 7.00000 06/30/2024 US 12,156.04 $13,835.10
165183AA2 CFII 2016-1A A1 2.11000 03/15/2028 US 18,514.9 $18,524.52
165183AL8 CFII 2017-2A A1 1.99000 05/15/2029 US 219,059.24 $218,354.64
165240102 CHESAPEAKE LODGING TRUST US CHSP 300.97 $8,153.30
172967JL6 CITIGROUP INC 3.87500 03/26/2025 US 145,961.56 $149,413.35
19625JAA1 CAH 2015-1A A 2.63185 07/17/2032 US 28,640.27 $28,737.57
19625W104 COLONY NORTHSTAR INC-CLASS A US CLNS 1,021.42 $11,654.41
198287203 COLUMBIA PROPERTY TRUST INC US CXP 247.68 $5,684.33
20030NBP5 COMCAST CORP 4.40000 08/15/2035 US 68,459.25 $74,846.11
20369C106 COMMUNITY HEALTHCARE TRUST I US CHCT 642.84 $18,063.88
20826FAG1 CONOCOPHILLIPS COMPANY 3.35000 05/15/2025 US 66,878.96 $68,883.04
21871N101 CORECIVIC INC US CXW 596.75 $13,426.78
21987BAW8 CODELCO INC 3.62500 08/01/2027 CL 128,394.26 $128,534.21
222795106 COUSINS PROPERTIES INC US CUZ 1,326.87 $12,273.54
22530LAA4 CAALT 2017-1A A 2.56000 10/15/2025 US 91,493.66 $91,351.40
22663AAA7 ORTHO-CLINICAL DIAGNOSTI 6.62500 05/15/2022 US 10,999.93 $11,054.93
22822V101 CROWN CASTLE INTL CORP US CCI 123.1 $13,664.98
22944PAA5 CSMC 2013-TH1 A1 2.13000 02/25/2043 US 20,756.24 $19,862.46
229663109 CUBESMART US CUBE 596.75 $17,257.88
2347608 FIRST QUANTUM MINERALS LTD CA FM CN 7,729.29 $108,283.80
23918K108 DAVITA INC. US DVA 9,586.36 $692,614.66
23918KAR9 DAVITA INC 5.00000 05/01/2025 US 14,117.57 $14,113.33
2434760 MEXICHEM SAB DE CV MX MEXCHEM* MM 2,153.43 $5,330.32
25271C102 DIAMOND OFFSHORE DRILLING US DO 7,814.04 $145,263.09
253868103 DIGITAL REALTY TRUST INC US DLR 148.85 $16,954.55
25470DAR0 DISCOVERY COMMUNICATIONS 3.95000 03/20/2028 US 116,641.17 $116,017.79
25470XAJ4 DISH DBS CORP 5.87500 07/15/2022 US 4,477.05 $4,499.43
256677AC9 DOLLAR GENERAL CORP 3.25000 04/15/2023 US 68,989.97 $69,920.34
257559AH7 DOMTAR CORP 4.40000 04/01/2022 US 65,463.17 $68,869.21
2643674 GRUPO MEXICO SAB DE CV-SER MX GMEXICOB MM 6,160.68 $20,343.97
26780TAA5 DYNAGAS LNG PARTNERS/FIN 6.25000 10/30/2019 MH 15,809.07 $15,927.64
26884U109 ENTERTAINMENT PROPERTIES TR US EPR 55.39 $3,625.50
269246BP8 E*TRADE FINANCIAL CORP 2.95000 08/24/2022 US 76,065.83 $75,423.70
2715777 QUEBECOR INC -CL B CA QBR/B CN 296.54 $5,591.05
2801836 SHAW COMMUNICATIONS INC-B CA SJR/B CN 130.66 $2,982.31
28140H203 EDUCATION REALTY TRUST INC US EDR 108.95 $3,804.42
28370TAG4 KINDER MORGAN ENER PART 4.30000 05/01/2024 US 139,186.76 $144,915.37
285512109 ELECTRONIC ARTS US EA 2,633.97 $276,725.14
2866857 LUNDIN MINING CORP CA LUN CN 12,106.37 $80,516.54
29250NAR6 ENBRIDGE INC 3.70000 07/15/2027 CA 72,470.74 $72,776.29
29372EBL1 ENTERPRISE FLEET FINANCING FLT 1.59000 02/22/2021 US 36,875.07 $36,843.79
29372EBS6 EFF 2016-2 A2 1.74000 02/22/2022 US 17,402.19 $17,367.66
29413XAB3 ENVIVA PARTNERS LP /FIN C 8.50000 11/01/2021 US 14,603.81 $15,553.06
294429105 EQUIFAX INC US EFX 2,076.03 $244,804.91
29444U700 EQUINIX INC US EQIX 84.4 $38,253.74
294628102 EQUITY COMMONWEALTH US EQC 260.34 $7,943.09
29472R108 EQUITY LIFESTYLE PROPERTIES US ELS 76.67 $6,824.80
29476L107 EQUITY RESIDENTIAL US EQR 215.85 $13,764.59
297178105 ESSEX PROPERTY TRUST INC US ESS 14.15 $3,415.42
298736109 EURONET WORLDWIDE INC US EEFT 2,609.03 $219,862.89
302154BV0 EXPORT-IMPORT BANK KOREA 2.62500 12/30/2020 KR 132,681.99 $131,510.27
30219G108 EXPRESS SCRIPTS HOLDING CO US ESRX 3,173.17 $236,845.31
30219GAK4 EXPRESS SCRIPTS HOLDING 3.50000 06/15/2024 US 108,666.8 $109,627.96
30225T102 EXTRA SPACE STORAGE INC US EXR 144.99 $12,678.98
30287EAE0 FREMF 2014-K41 B FLT 3.83172 11/25/2047 US 58,956.81 $60,280.21
30291EAE4 FREMF 2013-K712 B FLT 3.36178 05/25/2045 US 54,965.51 $55,454.49
30291HAA5 FREMF 2013-K28 X2A 0.10000 06/25/2046 US 3,583,672.52 $14,683.74
30291XAE2 FREMF 2014-K715 B FLT 3.97921 02/25/2046 US 57,254.97 $58,849.86
30303M102 FACEBOOK INC -A US FB 4,611.81 $813,800.54
3128M5VT4 FHLM POOL G03926 6.00000 02/01/2038 US 6,705.67 $7,552.71
3128M6NC8 FHLM POOL G04587 5.50000 08/01/2038 US 26,444.92 $29,192.70
3128M6NS3 FHLM POOL G04601 5.50000 07/01/2038 US 29,483.48 $32,577.01
3128M6SU3 FHLM POOL G04731 5.50000 04/01/2038 US 6,703.17 $7,406.87
3128MJ2U3 FHLM GOLD POOL FG G08786 4.50000 10/01/2047 US 119,309.28 $127,295.50
3128MJJT8 FHLM POOL G08273 5.50000 06/01/2038 US 8,352.49 $9,232.28
3128MJZU7 FHLM POOL G08754 4.50000 03/01/2047 US 96,384.93 $102,431.70
3128P75P4 FHLM POOL C91754 4.50000 03/01/2034 US 35,577.92 $38,142.38
3128P75X7 FHLM POOL C91762 4.50000 05/01/2034 US 47,228.2 $50,662.13
3128P76G3 FHLM POOL C91771 4.50000 06/01/2034 US 22,816.46 $24,571.58
3128P76R9 FHLM POOL C91780 4.50000 07/01/2034 US 24,711.53 $26,521.29
3128P8BT7 FHLM POOL C91850 4.00000 09/01/2035 US 114,472.04 $121,189.86
3128P8BX8 FHLM POOL C91854 4.00000 10/01/2035 US 28,242.3 $29,900.04
312941F69 FHLM POOL A92889 4.50000 07/01/2040 US 120,107.04 $128,159.48
3132QQFU1 FHLM POOL Q33778 4.00000 06/01/2045 US 38,001.14 $39,804.29
3132QUNJ8 FHLM POOL Q37592 4.00000 12/01/2045 US 53,180.1 $55,918.05
3132WF3E7 FHLM POOL Q42596 3.50000 08/01/2046 US 40,315.2 $41,463.68
3132WJX55 FHLM POOL Q45199 4.00000 01/01/2047 US 21,228.75 $22,202.85
3132WJYG0 FHLM POOL Q45210 4.00000 01/01/2047 US 21,341.11 $22,320.40
31335AFY9 FHLM POOL G60183 4.00000 12/01/2044 US 64,376.1 $67,483.35
3135G0ZR7 FEDERAL NATL MTG ASSN 2.62500 09/06/2024 US 918,432.41 $930,661.34
3137A2B34 FHMS K009 X1 FLT 1.30017 08/25/2020 US 366,186.64 $10,423.17
3137AME78 FHMS K017 X1 FLT 1.34993 12/25/2021 US 751,464.72 $32,990.80
3137ATSC7 FEDERAL NATL MTG ASSN KP01 A2 1.72000 01/25/2019 US 18,218.48 $18,193.58
3137AUPF0 FHMS K021 x1 FLT 1.46532 06/25/2022 US 279,428.74 $15,054.87
3137B36J2 FHMS K029 A2 3.32000 02/25/2023 US 163,962.85 $170,482.95
3137B3NB0 FHMS K030 X1 FLT 0.20689 04/25/2023 US 1,447,746.3 $13,864.05
3137B4WB8 FHMS K033 A2 3.06000 07/25/2023 US 110,009.7 $112,976.16
3137B5KW2 FHMS K035 A2 3.45800 08/25/2023 US 218,023.13 $228,245.82
3137BT7J4 FHMS KJ10 A2 2.91200 12/25/2023 US 199,354.02 $202,133.30
3137BWVV3 FHMS KJ13 A2 2.86400 08/25/2022 US 134,873.68 $136,878.27
3138EGE26 FEDERAL NATL MTG ASSN AL0152 6.00000 06/01/2040 US 22,720.92 $25,630.61
3138EGHT4 FEDERAL NATL MTG ASSN AL0241 4.00000 04/01/2041 US 65,613.38 $68,910.89
3138EHR87 FEDERAL NATL MTG ASSN AL1410 4.50000 12/01/2041 US 115,399.81 $123,597.26
3138EHXZ0 FEDERAL NATL MTG ASSN AL1595 6.00000 01/01/2040 US 17,179.92 $19,388.23
3138EP2A1 FEDERAL NATL MTG ASSN AL7068 4.50000 09/01/2042 US 50,367.51 $53,736.89
3138EQST0 FEDERAL NATL MTG ASSN AL7729 4.00000 06/01/2043 US 58,875.17 $61,831.99
3138ETT89 FEDERAL NATL MTG ASSN AL8674 FLT 5.65700 01/01/2049 US 126,333.3 $138,530.88
3138WDRZ6 FEDERAL NATL MTG ASSN AS4103 4.50000 12/01/2044 US 41,605.34 $44,689.62
3138Y6Y81 FEDERAL NATL MTG ASSN AX5234 4.50000 11/01/2044 US 32,434.03 $34,534.48
3138YNFD4 FEDERAL NATL MTG ASSN AY8263 3.00000 05/01/2035 US 65,537.28 $66,052.52
3138YUXE6 FEDERAL NATL MTG ASSN AZ3376 4.00000 07/01/2035 US 63,349.44 $66,873.97
31403DDX4 FEDERAL NATL MTG ASSN 745418 5.50000 04/01/2036 US 15,518.18 $17,205.49
3140E2GZ8 FEDERAL NATL MTG ASSN AZ9215 4.00000 10/01/2045 US 52,751.89 $55,276.32
3140EX2Y8 FEDERAL NATL MTG ASSN BC3490 3.50000 02/01/2046 US 147,872.91 $151,905.28
3140F2QS2 FEDERAL NATL MTG ASSN BC6764 3.50000 04/01/2046 US 37,194.7 $38,208.97
3140F8RB5 FEDERAL NATL MTG ASSN BD1381 3.50000 06/01/2046 US 21,521.23 $22,108.09
3140FPGW3 FEDERAL NATL MTG ASSN BE3812 4.00000 12/01/2046 US 42,870.94 $44,861.43
3140FPGZ6 FEDERAL NATL MTG ASSN BE3815 4.00000 12/01/2046 US 41,358.77 $43,279.09
3140FTWF4 FEDERAL NATL MTG ASSN BE7845 4.50000 02/01/2047 US 63,947.63 $68,344.10
31410GCD3 FEDERAL NATL MTG ASSN 888468 5.50000 09/01/2021 US 14,595.4 $15,113.80
31410GN33 FEDERAL NATL MTG ASSN 888810 5.50000 11/01/2022 US 17,468.31 $18,073.56
31416BRR1 FEDERAL NATL MTG ASSN 995196 6.00000 07/01/2038 US 29,640.5 $33,513.48
31417FB72 FEDERAL NATL MTG ASSN AB8161 6.00000 12/01/2037 US 37,831.04 $42,694.59
31417YJC2 FEDERAL NATL MTG ASSN MA0258 4.50000 12/01/2039 US 49,648.26 $53,004.20
31418BBC9 FEDERAL NATL MTG ASSN MA1834 4.50000 02/01/2034 US 58,880.36 $63,169.36
31418BDH6 FEDERAL NATL MTG ASSN MA1903 4.50000 05/01/2034 US 16,517.99 $17,732.61
31418BM37 FEDERAL NATL MTG ASSN MA2177 4.00000 02/01/2035 US 70,244.85 $74,150.83
31418MGR7 FEDERAL NATL MTG ASSN AD0207 6.00000 10/01/2038 US 31,745.05 $35,806.60
31418MKV3 FEDERAL NATL MTG ASSN AD0307 5.50000 01/01/2039 US 19,902.16 $22,006.78
31428X106 FEDEX CORPORATION US FDX 1,195.56 $298,339.32
32054K103 FIRST INDUSTRIAL REALTY TR US FR 370.39 $11,656.32
345605109 FOREST CITY REALTY TRUST - A US FCE/A 333.14 $8,028.68
35563BAJ9 FREMF 2014-K37 B FLT 4.55822 01/25/2047 US 46,017.13 $48,826.02
35671DBH7 FREEPORT-MCMORAN INC 4.00000 11/14/2021 US 3,261.44 $3,261.44
35802XAA1 FRESENIUS MED CARE US 6.50000 09/15/2018 US 6,091.47 $6,280.97
36143WAN1 GAHR 2015-NRF BFX FLT 3.38216 12/15/2034 US 122,176.57 $123,589.04
36174X101 GGP INC US GGP 572.81 $13,398.05
36246MAT6 GTP AQUISITION PARTNERS 2.35000 06/15/2020 US 28,181.86 $27,945.22
371559105 GENESEE & WYOMING INC -CL A US GWR 2,746.64 $216,243.16
374297109 GETTY REALTY CORP US GTY 211.98 $5,757.33
37950E366 GLOBAL X MSCI GREECE ETF GR 1,371.1 $14,094.87
37953TAB1 GLOBAL SHIP LEASE INC 9.87500 11/15/2022 MH 19,346.22 $19,999.16
37954A204 GLOBAL MEDICAL REIT INC US GMRE 976.92 $8,010.78
38141GVR2 GOLDMAN SACHS GROUP INC 4.25000 10/21/2025 US 68,692.02 $71,792.09
39807UAB2 GREYSTAR REAL ESTATE PAR 5.75000 12/01/2025 US 15,588.19 $16,055.84
399909100 GRUPO FINANCIERO GALICIA-ADR AR GGAL 178.09 $11,727.14
400506101 GRUPO AEROPORTUARIO PAC-ADR MX PAC 28.8 $2,959.17
40054A108 GRUPO SUPERVIELLE SA-SP ADR AR SUPV 317.1 $9,297.36
404119BM0 HCA INC 3.75000 03/15/2019 US 4,399.97 $4,438.47
40412CAC5 HCA HEALTHCARE INC 6.25000 02/15/2021 US 4,399.97 $4,663.97
40414L109 HCP INC US HCP 671.47 $17,511.91
410345AL6 HANESBRANDS INC 4.87500 05/15/2026 US 10,999.93 $11,274.93
4116099 BPER BANCA IT BPE IM 1,674.16 $8,433.81
4162791 THALES SA FR HO FP 124.25 $13,372.04
42225P501 HEALTHCARE TRUST OF AMERICA US HTA 297.71 $8,943.19
431318AQ7 HILCORP ENERGY I/HILCORP 5.75000 10/01/2025 US 15,012.98 $15,350.77
431475AB8 HILL-ROM HOLDINGS INC 5.00000 02/15/2025 US 10,878.37 $11,092.67
437302AA0 HOME PARTNERS OF AMERICA FLT RT 3.10951 03/17/2033 US 42,849.82 $43,108.93
43814RAB2 HAROT 2016-4 A2 1.04000 04/18/2019 US 74,579.98 $74,439.10
44107P104 HOST MARRIOTT CORP US HST 367.96 $7,304.08
444454AD4 HUGHES SATELLITE SYSTEMS 5.25000 08/01/2026 US 26,012.91 $26,533.17
4457624 TRIGANO SA FR TRI FP 79.37 $14,018.91
44891GAD6 HALST 2017-B A3 1.97000 07/15/2020 US 176,340.3 $175,851.04
4497749 KBC GROEP NV BE KBC BB 147.36 $12,556.77
45031UCD1 ISTAR INC 5.25000 09/15/2022 US 12,105.87 $12,181.53
45337C102 INCYTE CORP US INCY 2,727.33 $258,305.40
45378A106 INDEPENDENCE REALTY TRUST IN US IRT 565.79 $5,708.84
4571784 NH HOTEL GROUP SA ES NHH SM 1,134.03 $8,163.95
45763PAE6 INMARSAT FINANCE PLC 4.87500 05/15/2022 GB 33,973.83 $33,888.89
459745GH2 INTL LEASE FINANCE CORP 6.25000 05/15/2019 US 11,386.85 $11,932.34
46115HAL1 INTESA SANPAOLO SPA 3.87500 01/15/2019 IT 67,144.33 $68,040.13
46186YAA2 IHSFR 2015-SFR3 A FLT 2.75951 08/17/2032 US 104,826.49 $105,481.72
46187BAA1 IHSFR 2017-SFR2 A 2.34078 12/17/2036 US 32,861.89 $32,967.37
46187BAB9 IHSFR 2017-SFR2 B 2.64078 12/17/2036 US 23,934.48 $23,979.61
46187W107 INVITATION HOMES INC US INVH 558.3 $13,159.04
464286608 ISHARES MSCI EMU XX 770.06 $33,405.19
46434G798 ISHARES MSCI RUSSIA CAPPED E RU 237.01 $7,944.55
46640BAC8 JPMMT 2013-2 A2 3.50000 05/25/2043 US 33,943.96 $34,491.17
46641YAA1 JPMMT 2014-2 1A1 3.00000 06/25/2029 US 52,268.46 $52,584.94
46647PAE6 JPMORGAN CHASE & CO 2.77600 04/25/2023 US 141,131.73 $141,268.52
46649HAC6 JPMMT 2017-6 A3 3.50000 12/25/2048 US 48,624.18 $49,288.96
46649HAE2 JPMMT 2017-6 A5 3.50000 12/25/2048 US 127,974.75 $129,674.42
478160104 JOHNSON & JOHNSON US JNJ 2,772.27 $387,341.85
47987LAA9 JONAH NRG LLC/FINANCE 7.25000 10/15/2025 US 21,392.06 $21,552.50
4813345 SKANDINAVISKA ENSKILDA BAN-A SE SEBA SS 668.19 $7,846.17
4821100 SOLVAY SA BE SOLB BB 112.42 $15,630.82
4846523 SWEDBANK AB-A SHARES SE SWEDA SS 336.33 $8,114.00
497864AA6 KISSNER GR HLDG 8.37500 12/01/2022 CA 13,730.64 $13,867.95
500630CK2 KOREA DEVELOPMENT BANK 1.37500 09/12/2019 KR 181,306.17 $177,251.69
500769GZ1 KFW 1.50000 06/15/2021 DE 262,422.2 $255,910.00
50212YAB0 LPL HOLDINGS INC 5.75000 09/15/2025 US 10,347.64 $10,528.73
505742AD8 LADDER CAP FIN LLLP/CORP 5.87500 08/01/2021 US 14,792.1 $15,235.86
5107401 BEIERSDORF AG DE BEI GR 92.91 $10,892.52
512816109 LAMAR ADVERTISING CO US LAMR 98.55 $7,316.69
5129074 FRESENIUS MEDICAL DE FME GR 138.9 $14,585.78
517942108 LASALLE HOTEL PROPERTIES US LHO 178.48 $5,009.98
5228658 RANDSTAD HOLDING NV NL RAND NA 272.71 $16,733.46
5289837 ERSTE GROUP BANK AG AT EBS AV 190.91 $8,273.26
53223X107 LIFE STORAGE INC US LSI 99.16 $8,832.39
5330047 DASSAULT SYSTEMES SA FR DSY FP 163.33 $17,342.29
539439AM1 LLOYDS BANKING GROUP PLC 4.58200 12/10/2025 GB 138,878.47 $145,621.22
54150E104 LOMA NEGRA CIA IND-SPON ADR AR LOMA 383.76 $8,841.80
5458314 AKZO NOBEL NL AKZA NA 194.83 $17,095.60
550021109 LULULEMON - ADR CA LULU 4,931.05 $387,531.26
554382101 THE MACERICH CO US MAC 111.49 $7,322.60
5545670 JUNGHEINRICH AG DE JUN3 GR 280.56 $13,191.06
559222AR5 MAGNA INTERNATIONAL INC 4.15000 10/01/2025 CA 101,715.61 $108,099.52
55933JAB0 MAGNACHIP SEMICONDUCTOR 6.62500 07/15/2021 US 15,665.27 $15,195.31
5633616 SOPRA STERIA GROUP FR SOP FP 89.65 $16,754.01
5669354 REPSOL SA ES REP SM 666.26 $11,763.71
5699373 WIENERBERGER AG AT WIE AV 746.62 $18,069.84
5713422 METSO OYJ FI METSO FH 316.49 $10,797.15
5727973 SIEMENS AG-REG DE SIE GR 245.36 $33,971.27
57636Q104 MASTERCARD INC-CLASS A US MA 2,818.01 $426,534.66
580037AB5 MCDERMOTT INTERNATIONAL 8.00000 05/01/2021 PA 14,869.17 $15,283.28
5852842 ACCOR SA FR AC FP 397.3 $20,452.99
59001ABA9 MERITAGE HOMES CORP 5.12500 06/06/2027 US 10,900.61 $11,091.37
594918104 MICROSOFT CORP US MSFT 3,890.27 $332,773.69
59522J103 MID-AMERICA APARTMENT COMM US MAA 130.84 $13,156.80
6174467X1 MORGAN STANLEY 5.00000 11/24/2025 US 103,574.71 $113,335.77
61744YAG3 MORGAN STANLEY FLT 2.61703 05/08/2024 US 107,452.75 $109,712.34
62426EAA3 MOUNTAIN PROVINCE DIAMON 8.00000 12/15/2022 CA 10,392.13 $10,275.22
6291819 CHINA PETROLEUM & CHEMICAL - H CN 386 HK 10,744.91 $7,869.93
62944TAE5 NVR INC 3.95000 09/15/2022 US 117,778.15 $122,950.59
6356934 FANUC LTD JP 6954 JP 50.85 $12,198.37
637417106 NATIONAL RETAIL PROPERTIES US NNN 195.89 $8,448.88
64110W102 NETEASE.COM INC- ADR CN NTES 19.84 $6,847.16
6429104 HITACHI LTD FIRST SECTION JP 6501 JP 2,686.23 $20,840.29
6474494 JOLLIBEE FOODS CORP PH JFC PM 2,621.7 $13,287.05
6474535 JAPAN TOBACCO INC JP 2914 JP 525.09 $16,909.52
64829DAG1 NRZT 2014-3A AFX3 3.75000 11/25/2054 US 41,532.48 $42,429.34
64829EAA2 NRZT 2015-2A A1 3.75000 08/25/2055 US 57,405.77 $58,797.78
64829LAA6 NRZT 2016-4A A1 3.75000 11/25/2056 US 57,798.03 $59,057.48
6490995 KEYENCE CORP JP 6861 JP 50.85 $28,405.56
6630940 CHINA EVERBRIGHT INTL LTD HK 257 HK 12,027.25 $17,158.62
66977WAQ2 NOVA CHEMICALS CORP 4.87500 06/01/2024 CA 11,530.66 $11,501.83
66987V109 NOVARTIS AG- REG CH NVS 5,787.6 $485,926.58
683235AA3 ONTARIO (PROVINCE OF) 2.00000 09/27/2018 CA 65,653.01 $65,680.01
68323ADY7 ONTARIO (PROVINCE OF) 1.25000 06/17/2019 CA 56,300.1 $55,593.58
69007J106 OUTFRONT MEDIA INC US OUT 284.17 $6,592.67
69145LAA2 OXFORD FIN LLC/CO-ISS II 6.37500 12/15/2022 US 14,261.37 $14,724.87
69318FAG3 PBF HOLDING CO LLC 7.25000 06/15/2025 US 11,818.27 $12,409.18
697660207 PAMPA ENERGIA SA AR PAM 184.5 $12,413.18
70014LAC4 PARK AEROSPACE HOLDINGS 4.50000 03/15/2023 KY 7,904.54 $7,548.83
7110902 TECAN GROUP AG-REG CH TECN SW 40.4 $8,391.48
7123870 NESTLE SA-REGISTERED CH NESN SW 196.72 $16,912.90
713448CX4 PEPSICO INC 3.10000 07/17/2022 US 67,884.03 $69,510.51
7147892 TEMENOS GROUP AG-REG CH TEMN SW 63.4 $8,113.05
71654QCB6 PETROLEOS MEXICANOS 6.87500 08/04/2026 MX 65,085.04 $73,790.16
71943U104 PHYSICIANS REALTY TRUST US DOC 784.29 $14,109.43
7262610 CREDIT AGRICOLE SA FR ACA FP 707.99 $11,690.31
729640102 PLYMOUTH INDUSTRIAL REIT INC US 108.84 $2,011.28
733174AJ5 POPULAR INC 7.00000 07/01/2019 US 15,997.36 $16,637.25
7339451 ORPEA SA FR ORP FP 139.01 $16,366.53
7380062 AAREAL BANK AG DE ARL GR 200.47 $9,051.82
7380482 COMPAGNIE DE SAINT-GOBAIN FR SGO FP 279.35 $15,374.25
741503403 PRICELINE GROUP INC US PCLN 407.35 $707,871.40
741503AZ9 PRICELINE GROUP INC/THE 3.60000 06/01/2026 US 143,717.09 $144,332.61
74340W103 PROLOGIS US PLD 393.72 $25,398.97
744320AL6 PRUDENTIAL FINANCIAL INC 5.87500 09/15/2042 US 68,084.22 $74,382.01
74460D109 PUBLIC STORAGE INC US PSA 62.52 $13,065.78
74736K101 QORVO INC US QRVO 7,868.51 $524,043.02
7520794 BANQUE CANTONALE VAUDOIS-REG CH BCVN SW 11.5 $8,671.13
758849103 REGENCY CENTERS CORP US REG 130.84 $9,051.19
75886F107 REGENERON PHARMACEUTICALS INC US REGN 1,106.87 $416,137.16
76169C100 REXFORD INDUSTRIAL REALITY IN US REXR 266.76 $7,778.59
767754CH5 RITE AID CORP 6.12500 04/01/2023 US 3,261.44 $2,943.45
77340RAK3 ROCKIES EXPRESS PIPELINE 5.62500 04/15/2020 US 19,048.27 $19,953.06
7759435 ILIAD SA FR ILD FP 55.77 $13,363.46
780097AY7 ROYAL BK SCOTLND GRP PLC 6.10000 06/10/2023 GB 4,399.97 $4,845.08
780259107 ROYAL DUTCH SHELL PLC-ADR B NL RDS/B 185.83 $12,690.14
783513203 RYANAIR HOLDINGS - ADR IE RYAAY 149.29 $15,554.71
78408XAD3 SCGT 2013-SRP1 AJ FLT 3.42703 11/15/2026 US 167,635.54 $167,086.52
78442FET1 SLM CORP 6.12500 03/25/2024 US 9,982.96 $10,107.75
78442PGC4 SLM CORP 5.12500 04/05/2022 US 16,803.8 $17,475.95
78471DAA5 SCLP 2016-1 A 3.26000 08/25/2025 US 42,632.5 $43,041.03
785592AV8 SABINE PASS LIQUEFACTION 5.87500 06/30/2026 US 68,104.91 $76,513.70
80282KAQ9 SANTANDER HOLDINGS USA 3.40000 01/18/2023 US 106,026.61 $105,613.48
806857108 SCHLUMBERGER LTD NL SLB 6,198.83 $417,739.43
81211K100 SEALED AIR CORP US SEE 5,362.81 $264,386.36
812578102 SEATTLE GENETICS INC US SGEN 6,958.15 $372,261.17
81663AAC9 SEMGROUP CORP 6.37500 03/15/2025 US 14,913.66 $14,689.96
81745EAA7 SEMT 2013-8 A1 3.00000 06/25/2043 US 46,164.78 $45,951.08
81745MAA9 SEMT 2013-2 1.87400 02/25/2043 US 39,088.32 $36,920.15
81762P102 SERVICENOW INC US NOW 6,565.55 $856,082.35
81783QAC9 SEVEN GENERATIONS ENERGY 5.37500 09/30/2025 CA 9,839.16 $9,937.55
828806109 SIMON PROPERTY GROUP INC US SPG 200.37 $34,411.62
82967NAY4 SIRIUS XM RADIO INC 3.87500 08/01/2022 US 4,477.05 $4,488.24
83088M102 SKYWORKS SOLUTIONS INC US SWKS 6,194.52 $588,169.57
83401BAA4 SOFI 2017-F A1FX 2.05000 01/25/2041 US 14,380.35 $14,342.99
83401BAB2 SOFI 2017-F A2FX 2.84000 01/25/2041 US 10,785.27 $10,799.65
83402QAA0 SCLP 2016-2 A 3.09000 10/27/2025 US 56,672.91 $57,570.53
83404FAB0 SOFI 2017-A A2A 1.55000 03/26/2040 US 162,583.94 $161,798.58
83405DAB4 SOFI 2017-C A2A 1.75000 07/25/2040 US 197,915.69 $197,115.88
834423AA3 SOLVAY FINANCE (AMERICA) 3.40000 12/03/2020 US 66,997.42 $68,411.55
83714RAZ6 SOUTH CAROLINA ST STUDENT LOAN 1.62100 12/01/2023 US 42,662.58 $42,660.02
84265V105 SOUTHERN COPPER CORPORATION US SCCO 2,605.95 $123,652.49
84265VAH8 SOUTHERN COPPER CORP 3.87500 04/23/2025 US 71,234.45 $73,872.24
845467AL3 SOUTHWESTERN ENERGY CO 6.70000 01/23/2025 US 11,265.29 $11,701.82
852061AK6 SPRINT COMMUNICATIONS 9.00000 11/15/2018 US 4,399.97 $4,631.41
852061AR1 SPRINT COMMUNICATIONS 7.00000 08/15/2020 US 4,399.97 $4,663.97
85254J102 STAG INDUSTRIAL INC US STAG 427.22 $11,675.86
85571BAJ4 STARWOOD PROPERTY TRUST 4.75000 03/15/2025 US 8,457.51 $8,394.07
85571XAA5 SRPT 2014-STAR A FLTG RATE 2.69703 11/15/2027 US 91,650.03 $91,715.81
862121100 STORE CAPITAL CORP US STOR 302.19 $7,868.93
866674104 SUN COMMUNITIES US SUI 83.08 $7,707.93
867892101 SUNSTONE HOTEL INVESTORS INC US SHO 462.65 $7,647.59
87470LAA9 TALLGRASS NRG PRTNR/FIN 5.50000 09/15/2024 US 20,087.48 $20,614.78
876664103 TAUBMAN CTRS INC US TCO 57.32 $3,750.42
87677QAA9 TXEZ 2016-1A 3.13100 06/15/2028 US 13,550.4 $13,565.06
87854WAA1 TECHNIPLAS LLC 10.00000 05/01/2020 US 15,665.27 $12,845.52
88033GBW9 TENET HEALTHCARE CORP 6.75000 02/01/2020 US 4,399.97 $4,443.97
88146M101 TERRENO REALTY CORP US TRNO 219.11 $7,681.96
882508104 TEXAS INSTRUMENTS INC US TXN 1,938.58 $202,464.94
89173CAA5 TPMT 2016-5 A1 2.50000 10/25/2056 US 103,744.3 $102,997.48
893870204 TRANSPORTADOR GAS SUR-SP ADR AR TGS 390.67 $8,684.53
89613BAA5 TAH 2013-SFR1 A 2.58900 11/17/2033 US 72,338.84 $71,322.50
89613FAA6 TAH 2017-SFR2 A 2.92800 01/17/2036 US 70,980.98 $70,689.53
896356AE2 TRINIDAD DRILLING LTD 6.62500 02/15/2025 CA 15,565.95 $14,787.65
901109AF5 TUTOR PERINI CORP 6.87500 05/01/2025 US 15,930.63 $17,125.43
902653104 UDR INC US UDR 273.89 $10,550.09
903002103 UMH PROPERTIES INC US UMH 388.41 $5,787.37
904767704 UNILEVER PLC - ADR GB UL 6,282.26 $347,660.03
912810FM5 UNITED STATES TREAS BOND 6.25000 05/15/2030 US 317,982.57 $447,051.19
912810PT9 UNITED STATES TREAS BOND 4.75000 02/15/2037 US 485,545.16 $646,856.16
912810QV3 UNITED STATES TREAS INFL INDEX 0.75000 02/15/2042 US 220,726.56 $222,874.82
912810RK6 US TREASURY N/B 2.50000 02/15/2045 US 352,758.7 $336,292.03
912828K33 UNITED STATES TREAS INFL INDEX 0.12500 04/15/2020 US 260,926.7 $260,391.61
912828K58 UNITED STATES TREAS NTS 1.37500 04/30/2020 US 412,284.74 $407,179.49
912828Q78 US TREASURY N/B 1.37500 04/30/2021 US 886,201.78 $867,023.83
912828R28 US TREASURY N/B 1.62500 04/30/2023 US 910,169.88 $882,402.59
912828R36 US TREASURY N/B 1.62500 05/15/2026 US 456,924.65 $430,365.91
912828S92 US TREASURY N/B 1.25000 07/31/2023 US 569,632.24 $539,837.80
912828UH1 UNITED STATES TREAS INFL INDEX 0.12500 01/15/2023 US 211,440.2 $209,798.10
912828WZ9 UNITED STATES TREAS NTS 1.75000 04/30/2022 US 923,204.3 $907,300.67
912828X88 US TREASURY N/B 2.37500 05/15/2027 US 803,783.77 $801,491.74
912828XQ8 US TREASURY N/B 2.00000 07/31/2022 US 1,753,340.98 $1,739,985.45
91704F104 URBAN EDGE PROPERTIES US UE 701.7 $17,886.43
91911KAJ1 VALEANT PHARMACEUTICALS 6.50000 03/15/2022 CA 3,261.44 $3,424.51
92276F100 VENTAS INC US VTR 143.44 $8,607.61
92339V100 VEREIT INC US VER 1,203.82 $9,377.79
92343VDY7 VERIZON COMMUNICATIONS 4.12500 03/16/2027 US 140,209.42 $146,198.18
92532F100 VERTEX PHARMACEUTICALS INC US VRTX 1,915.29 $287,024.94
92826C839 VISA INC - CLASS A SHARES US V 3,717.85 $423,909.02
92826CAC6 VISA INC 2.80000 12/14/2022 US 105,242.42 $106,784.28
929042109 VORNADO REALTY TRUST US VNO 202.31 $15,816.21
948565AC0 WEEKLEY HOMES LLC/ FINAN 6.00000 02/01/2023 US 13,730.64 $13,661.99
94856TAA2 WEEKLEY HOMES LLC/ FINAN 6.62500 08/15/2025 US 14,117.57 $14,046.98
95040Q104 WELLTOWER INC. US HCN 209.44 $13,355.72
962166104 WEYERHAEUSER CO US WY 7,326.45 $258,330.59
962178AL3 TRI POINTE HOLDINGS INC 4.37500 06/15/2019 US 10,392.13 $10,599.97
962178AN9 TRI POINTE GROUP / HOMES 5.87500 06/15/2024 US 8,678.38 $9,264.17
96949LAD7 WILLIAMS PARTNERS LP 3.75000 06/15/2027 US 113,379.73 $113,615.38
97651JAE6 WINWATER MORTGAGE LOAN TRUST 3.50000 03/20/2045 US 45,410.96 $45,849.09
97652TAA1 WIN 2015-1 A1 3.50000 01/20/2045 US 49,635.92 $50,403.74
98416JAE0 XERIUM TECHNOLOGIES INC 9.50000 08/15/2021 US 12,061.39 $12,212.15
984245100 YPF S.A.-SPONSORED ADR AR YPF 428.64 $9,820.15
98919V105 ZAYO GROUP HOLDINGS INC US ZAYO 8,945.23 $329,184.33
B037HR3 ITAU UNIBANCO HOLDINGS S-PREF BR ITUB4 BZ 626.79 $8,045.75
B037JC2 NEXITY FR NXI FP 208.21 $12,385.32
B0386J1 JYSKE BANK-REG DK JYSK DC 147.36 $8,378.27
B06JSP1 SYDBANK A/S DK SYDB DC 212.69 $8,561.00
B0CGYD6 LOJAS RENNER S.A. BR LREN3 BZ 739.94 $7,916.65
B0LF188 EFG INTERNATIONAL AG CH EFGN SW 1,245.46 $13,149.53
B11ZRK9 LEGRAND SA FR LR FP 173.61 $13,347.04
B138HB7 KAUFMAN & BROAD SA FR KOF FP 185.11 $8,786.35
B13X013 EIFFAGE FR FGR FP 199.26 $21,807.07
B15C557 TOTAL SA FR FP FP 219.1 $12,094.33
B1FRH89 M DIAS BRANCO SA BR MDIA3 BZ 549.4 $8,629.17
B1FW751 GALP ENERGIA SGPS SA PT GALP PL 647.74 $11,900.76
B1HDJL2 NATIXIS FR KN FP 2,096.5 $16,559.16
B1HKSV6 BANCA GENERALI SPA IT BGN IM 375.41 $12,474.68
B1KFX13 GRUPO AEROPORTUARIO DEL CENT MX OMAB MM 551.63 $2,859.06
B1NXMK6 IGUATEMI EMP DE SHOPPING BR IGTA3 BZ 692.02 $8,217.57
B1VWPC8 UK TSY 5% 2018 5.00000 03/07/2018 GB 21,967.27 $29,908.19
B1WGG93 GEBERIT AG-REG CH GEBN SW 28.19 $12,407.90
B1XFTL2 HEXAGON AB-B SHS SE HEXAB SS 249.83 $12,532.63
B1XH026 VINCI SA FR DG FP 294.71 $30,087.78
B1Y9TB3 DANONE FR BN FP 166.59 $13,958.87
B1YVKN8 ANTA SPORTS PRODUCTS LTD CN 2020 HK 2,807.79 $12,740.05
B1YY4B3 UNIBAIL-RODAMCO SE FR UL NA 52.73 $13,269.92
B232R05 SK INNOVATION CO LTD KR 096770 KS 42.23 $8,055.88
B23FNB7 ALIANSCE SHOPPING CENTERS SA BR ALSC3 BZ 1,575.27 $8,567.08
B283W97 CAIXABANK S.A ES CABK SM 4,735.16 $22,012.86
B2B0DG9 RELX PLC GB REL LN 533.32 $12,505.48
B2QY968 HYPERMARCAS SA BR HYPE3 BZ 1,190.57 $12,921.06
B3FP8W8 CANADA HOUSING TRUST 4.10000 12/15/2018 CA 17,931.98 $14,606.08
B3NB1P2 SUNCOR ENERGY INC CA SU CN 226.73 $8,324.20
B3ZD2V9 MEX BONOS DESARR FIX RT 6.50000 06/10/2021 MX 185,599.58 $9,116.92
B4888C1 CANADIAN GOVERNMENT FLT 2.75000 06/01/2022 CA 22,034 $18,206.01
B4NDCC9 MEX BONOS DESARR FIX RT 6.50000 06/09/2022 MX 301,815.03 $14,692.96
B4Q2TX3 CHINA LONGYUAN POWER GROUP-H CN 916 HK 24,706.78 $17,543.72
B4R2R50 JULIUS BAER CH BAER SW 142.88 $8,737.41
B4WTBY3 HUANENG RENEWABLES CORP-H CN 958 HK 52,221.35 $17,678.99
B4X4D29 FLEURY SA BR FLRY3 BZ 1,536.58 $13,716.20
B4YN9R2 SINGAPORE GOVERNMENT 2.50000 06/01/2019 SG 39,534.57 $29,904.63
B4YVF56 BRENNTAG AG DE BNR GR 298.58 $18,823.73
B5W0S97 ROYAL BANK OF CANADA 3.77000 03/30/2018 CA 20,662.7 $16,530.32
B615Y14 MEX BONOS DESARR FIX RT 8.00000 06/11/2020 MX 446,105.77 $22,871.93
B61JC67 TREASURY WINE ESTATES LTD AU TWE AU 1,022.55 $12,688.74
B63QM77 NEXON CO LTD JP 3659 JP 400.96 $11,627.90
B6TC406 MEX BONOS DESARR FIX RT 7.75000 05/29/2031 MX 58,096.6 $2,956.32
B725S29 PUREGOLD PRICE CLUB INC PH PGOLD PM 12,751.09 $12,771.53
B7311V6 KALBE FARMA TBK PT ID KLBF IJ 102,728.84 $12,796.15
B7FQV64 RAIA DROGASIL S.A. BR RADL3 BZ 307.32 $8,504.88
BB22L96 KION GROUP AG DE KGX GR 215.23 $18,527.39
BBG00B6C5VY1 REGN US 01/19/18 P350 US -2.42 -$358.29
BBG00BKPTRR7 LULU US 01/19/18 C80 CA -11.78 -$2,156.49
BBG00J640583 MDT US 12/29/17 P77.5 IE -11.91 -$35.72
BBG00JG6RS79 SWKS US 12/29/17 C97.5 US -9.73 -$48.64
BD0PJ08 INMOBILIARIA COLONIAL SOCMI ES COL SM 886.69 $8,802.08
BDZZRC1 BOLSAS Y MERCADOS ARGENTINOS AR 287.47 $5,247.82
BFNX8F1 REPSOL SA-RTS ES 666.26 $302.98
BFTCYP4 ROBINSONS RETAIL HOLDINGS IN PH RRHI PM 7,036.72 $13,560.34
BGHQ198 HIBERNIA REIT PLC IE HBRN ID 3,860.16 $7,058.56
BGSH2S6 CVC BRASIL OPERADORA E AGENCIA BR CVCB3 BZ 641.17 $9,374.63
BH4TZ73 FU SHOU YUAN INTERNATIONAL CN 1448 HK 12,171.05 $10,390.69
BMMV2K8 TENCENT HOLDINGS LTD CN 700 HK 4,523.18 $234,110.68
BNBNSG0 EURONEXT NV NL ENX FP 343.85 $21,328.60
BNGN9Z1 FINECOBANK SPA IT FBK IM 1,659.95 $16,955.67
BNGNB77 MERLIN PROPERTIES SOCIMI SA ES MRL SM 640.61 $8,676.46
BP269Z8 AXIA REAL ESTATE SOCIMI SA ES AXIA SM 170.14 $3,760.19
BP9DL90 INDUSTRIA DE DISENO TEXTIL ES ITX SM 457.82 $15,919.26
BVRZ8L1 AENA SA ES AENA SM 214.02 $43,312.36
BVSS790 ELIS SA FR ELIS FP 474.74 $13,107.71
BYXS699 QIAGEN N.V. NL QIA GR 326.54 $10,185.00
BYYHL23 ANHEUSER-BUSCH INBEV SA/NV BE ABI BB 3,279.61 $366,139.13
BYZ43T4 EUROBANK ERGASIAS SA GR EUROB GA 11,292.89 $11,517.27
BYZFYS3 SPIE SA FR SPIE FP 639.4 $16,623.66
BYZFZ91 SOPHOS GROUP PLC GB SOPH LN 1,709.69 $13,164.24
BYZR014 AMUNDI SA FR AMUN FP 188.87 $15,995.95
BYZWX76 CRODA INTERNATIONAL PLC GB CRDA LN 283 $16,870.07
BZ3C3Q4 BANKIA SA ES BKIA SM 2,062.78 $9,845.51
G02602103 AMDOCS LTD GG DOX 299.19 $19,591.05
G06242104 ATLASSIAN CORP PLC-CLASS A AU TEAM 140.95 $6,415.84
G3157S106 ENSCO INTERNATIONAL INC US ESV 10,703.32 $63,256.64
G37585AC3 GASLOG LTD 8.87500 03/22/2022 BM 15,057.46 $15,923.27
G45667105 HOLLYSYS AUTOMATION TECHNOLOGIES CN HOLI 367.07 $8,174.56
G5960L103 MEDTRONIC INC IE MDT 5,700.58 $460,321.47
G6518L108 NIELSEN HOLDINGS PLC US NLSN 9,466.04 $344,563.79
G97822103 PERRIGO CO PLC IE PRGO 190.3 $16,586.92
H8817H100 TRANSOCEAN LTD US RIG 16,831.13 $179,756.46
N47279109 INTERXION HOLDING NX NL INXN 239.06 $14,087.98
N72482123 QIAGEN N.V. ADR NL QGEN 254.52 $7,872.44
USD US DOLLAR US 616,044.31 $616,044.31

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.

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.

Daily Price

$12.20

Daily $ Change

-$0.02

Daily % Change

-0.16%

as of 01/18/2018

Ticker

MTOAX

CUSIP

56382P419

Inception Date

06/25/2012

Investment Minimum

$1,000,000.00

Investment minimum may be waived for certain qualified retirement plans.

Important Documents

Summary Prospectus
Prospectus
Statement of Additional Information
Annual Report
Semi-Annual Report
Fact Sheet
Applications & Forms
XBRL-03/14/17

Information on Underlying Investments

Blended Asset Series Prospectus
Blended Asset Series SAI
XBRL Blended Asset Series – 11/02/2017
Blended Asset Series Annual Report
Pro-Blend® 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. Prior to 10/16/2017, the underlying funds were the Manning & Napier Fund, Inc. Pro-Blend Series. The annual report for the Blended Asset Series as of 10/31/2017 and the semi-annual report for the Pro-Blend Series as of 04/30/2017 are provided above.

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 28% - 68%.

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 2025
  • Who 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.

Learn more about our Glide Range SM

Annualized Performance

As of 12/31/2017

YTD

---

1 Year

13.66%

3 Year

3.94%

5 Year

6.78%

10 Year

---

Inception
(06/25/2012)

8.12%

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 1.06%
Net 0.73%*

*Includes 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 (02/29/2028) without the approval of the Fund's Board of Directors.

Top Ten Investments

As of 12/31/2017

TREASURY NOTES 15.43%
GOVERNMENT AGENCY 8.06%
TREASURY BONDS 3.36%
SERVICENOW INC 2.01%
FACEBOOK INC -A 1.91%
PRICELINE GROUP INC 1.66%
DAVITA INC. 1.62%
SKYWORKS SOLUTIONS INC 1.38%
QORVO INC 1.23%
NOVARTIS AG- REG 1.14%

Top Ten Investments list is unaudited and excludes cash

Asset Allocation

As of 12/31/2017

Bonds
53.99%
Stocks
44.59%
Cash
1.42%

Detailed Asset Class Allocation

As of 12/31/2017

International Equities
12.64%
Small Capitalization
0.81%
Mid Capitalization
5.89%
Large Capitalization
25.25%
Long Term Fixed Income
10.31%
Intermediate Term Fixed Income
38.95%
Short Term Fixed Income
4.73%
Cash
1.42%

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

December Fund Holdings

As of 12/31/2017

CUSIP Security Description Country Ticker Shares/Par Market Value (USD)
00163UAB2 AMAG PHARMACEUTICALS INC 7.87500 09/01/2023 US 10,878.37 $10,592.81
00206REM0 AT&T INC 3.90000 08/14/2027 US 153,347.26 $154,371.89
00254EML3 SWEDISH EXPORT CREDIT 1.12500 08/28/2019 SE 147,390.8 $145,085.61
00289XAA7 ABENGOA YIELD PLC 7.00000 11/15/2019 GB 24,798.33 $26,131.24
004239109 ACADIA REALTY TRUST US AKR 172.07 $4,707.84
0045614 ANTOFAGASTA PLC GB ANTO LN 6,959.44 $93,925.05
00507VAM1 ACTIVISION BLIZZARD 3.40000 06/15/2027 US 139,881.98 $140,866.18
0053673 ASHTEAD GROUP PLC GB AHT LN 624.91 $16,761.01
00772BAF8 AERCAP IRELAND CAP LTD/A 4.50000 05/15/2021 IE 122,158.98 $128,293.66
008492100 AGREE REALTY CORP US ADC 77.27 $3,974.96
00928QAK7 AIRCASTLE LTD 6.25000 12/01/2019 BM 5,803.87 $6,123.08
009563AD9 AIRXCEL INC 8.50000 02/15/2022 US 16,461.36 $17,449.04
013093AD1 ALBERTSONS COS LLC/SAFEW 5.75000 03/15/2025 US 3,261.44 $2,941.82
015271109 ALEXANDRIA REAL EST EQUITIES US ARE 156.59 $20,449.50
01609W102 ALIBABA GROUP - ADR CN BABA 208.1 $35,882.89
01609WAT9 ALIBABA GROUP HOLDING 3.40000 12/06/2027 KY 113,987.53 $113,958.78
01748XAA0 ALLEGIANT TRAVEL CO 5.50000 07/15/2019 US 10,104.52 $10,369.76
02005NAT7 ALLY FINANCIAL INC 3.50000 01/27/2019 US 6,091.47 $6,121.93
02079K107 ALPHABET INC-CL C US GOOG 184.07 $192,609.74
02079K305 ALPHABET INC-CL A US GOOGL 183.17 $192,955.00
023135106 AMAZON.COM INC US AMZN 366.59 $428,719.86
023135BA3 AMAZON.COM INC 3.15000 08/22/2027 US 76,065.83 $76,180.46
02319V103 AMBEV SA-ADR BR ABEV 56,464.71 $364,762.05
0237400 DIAGEO PLC GB DGE LN 11,874.64 $435,256.38
02376RAA0 AMERICAN AIRLINES GROUP 5.50000 10/01/2019 US 10,203.84 $10,484.44
024835100 AMERICAN CAMPUS COMMUNITIES US ACC 178.48 $7,323.11
02665T306 AMERICAN HOMES 4 RENT- A US AMH 649.59 $14,187.01
026874CY1 AMERICAN INTL GROUP 4.12500 02/15/2024 US 99,614.94 $105,253.46
03027XAH3 AMERICAN TOWER CORP 3.30000 02/15/2021 US 143,860.89 $146,498.68
03040WAQ8 AMERICAN WATER CAPITAL C 2.95000 09/01/2027 US 156,000.9 $154,388.01
034863AB6 ANGLO AMERICAN CAPITAL 9.37500 04/08/2019 GB 6,622.2 $7,180.68
034863AT7 ANGLO AMERICAN CAPITAL 4.00000 09/11/2027 GB 128,039.92 $127,184.51
03523TBF4 ANHEUSER-BUSCH INBEV WOR 8.20000 01/15/2039 US 98,288.12 $156,315.17
03748R101 APARTMENT INVT & MGMT CO -A US AIV 366.03 $15,999.13
038222AL9 APPLIED MATERIALS INC 3.30000 04/01/2027 US 149,478.02 $152,033.87
03938LAQ7 ARCELORMITTAL 5.75000 08/05/2020 LU 3,261.44 $3,440.82
03965L100 ARCONIC INC. US ARNC 10,329.68 $281,483.78
0405207 HALMA PLC GB HLMA LN 500.99 $8,512.42
044186104 ASHLAND GLOBAL HOLDINGS INC US ASH 2,833.82 $201,767.65
04621WAC4 ASSURED GUARANTY US HLDG 5.00000 07/01/2024 US 177,007.59 $190,709.02
0490656 KERRY GROUP PLC-A IE KYGA LN 115.91 $13,034.77
053484101 AVALONBAY COMMUNITIES INC US AVB 109.55 $19,545.61
05501U106 AZUL S.A SPONSORED ADR PFD BR AZUL 325.45 $7,755.37
05565QCS5 BP CAPITAL MARKETS PLC 3.53500 11/04/2024 GB 142,821.68 $148,387.59
0557681 HOWDEN JOINERY GROUP INC GB HWDN LN 1,060.3 $6,674.41
05582QAD9 BMWOT 2016-A A3 1.16000 11/25/2020 US 60,397.48 $59,932.39
05604LAA0 BWAY 2015-1740 A 2.91700 01/10/2035 US 185,864.95 $182,552.15
058498106 BALL CORP US BLL 5,783.56 $218,907.64
06051GFM6 BANK OF AMERICA CORP 4.00000 01/22/2025 US 105,220.17 $109,467.05
06739FFU0 BARCLAYS BANK PLC 10.17900 06/12/2021 GB 53,876.13 $65,660.60
09061G101 BIOMARIN PHARMACEUTICAL INC US BMRN 4,231.96 $377,363.58
09062X103 BIOGEN IDEC INC US BIIB 883.42 $281,430.06
09247X101 BLACKROCK INC US BLK 457.23 $234,883.53
0946580 WEIR GROUP PLC/THE GB WEIR LN 1,114.63 $31,949.32
09627J102 BLUEROCK RESIDENTIAL GROWTH US 340.88 $3,446.29
096630AE8 BOARDWALK PIPELINES LP 5.95000 06/01/2026 US 100,941.76 $112,595.56
101121101 BOSTON PROPERTIES INC US BXP 145.59 $18,931.49
105368203 BRANDYWINE REALTY TRUST US BDN 440.15 $8,006.37
110122108 BRISTOL MYERS SQUIBB CO US BMY 2,915.82 $178,681.19
110448107 BRITISH AMERICAN TOB-SP ADR GB BTI 130.66 $8,753.22
11120U105 BRIXMOR PROPERTY GROUP INC US BRX 174.61 $3,258.27
12467AAD0 C&S GROUP ENTERPRISES 5.37500 07/15/2022 US 21,270.5 $20,047.44
12527GAB9 CF INDUSTRIES INC 7.12500 05/01/2020 US 1,691.5 $1,844.24
126307AH0 CSC HOLDINGS LLC 5.25000 06/01/2024 US 19,435.19 $19,143.67
12646XAH5 CSMC 2013-IVR3 A1 2.50000 05/25/2043 US 57,801.59 $54,986.02
12770QAA3 CZR 2017-VICI A 3.53100 10/15/2034 US 43,141.06 $44,118.33
133131102 CAMDEN PROPERTY TRUST US CPT 90.82 $8,360.52
13321L108 CAMECO CORP CA CCJ 617.01 $5,695.00
14314JAC4 CARMX 2017-1 A3 1.98000 11/15/2021 US 32,355.8 $32,281.36
14912Y202 CATCHMARK TIMBER TRUST INC US CTT 669.54 $8,791.09
156504AH5 CENTURY COMMUNITIES 5.87500 07/15/2025 US 21,712.25 $21,820.82
156700BA3 CENTURYLINK INC 7.50000 04/01/2024 US 10,635.25 $10,608.66
161175BB9 CHARTER COMM OPT LLC/CAP 4.46400 07/23/2022 US 4,477.05 $4,671.12
16411QAA9 CHENIERE ENERGY PARTNERS 5.25000 10/01/2025 US 14,117.57 $14,364.63
16412XAD7 CHENIERE CORP CHRISTI HD 7.00000 06/30/2024 US 12,156.04 $13,835.10
165183AA2 CFII 2016-1A A1 2.11000 03/15/2028 US 18,514.9 $18,524.52
165183AL8 CFII 2017-2A A1 1.99000 05/15/2029 US 219,059.24 $218,354.64
165240102 CHESAPEAKE LODGING TRUST US CHSP 300.97 $8,153.30
172967JL6 CITIGROUP INC 3.87500 03/26/2025 US 145,961.56 $149,413.35
19625JAA1 CAH 2015-1A A 2.63185 07/17/2032 US 28,640.27 $28,737.57
19625W104 COLONY NORTHSTAR INC-CLASS A US CLNS 1,021.42 $11,654.41
198287203 COLUMBIA PROPERTY TRUST INC US CXP 247.68 $5,684.33
20030NBP5 COMCAST CORP 4.40000 08/15/2035 US 68,459.25 $74,846.11
20369C106 COMMUNITY HEALTHCARE TRUST I US CHCT 642.84 $18,063.88
20826FAG1 CONOCOPHILLIPS COMPANY 3.35000 05/15/2025 US 66,878.96 $68,883.04
21871N101 CORECIVIC INC US CXW 596.75 $13,426.78
21987BAW8 CODELCO INC 3.62500 08/01/2027 CL 128,394.26 $128,534.21
222795106 COUSINS PROPERTIES INC US CUZ 1,326.87 $12,273.54
22530LAA4 CAALT 2017-1A A 2.56000 10/15/2025 US 91,493.66 $91,351.40
22663AAA7 ORTHO-CLINICAL DIAGNOSTI 6.62500 05/15/2022 US 10,999.93 $11,054.93
22822V101 CROWN CASTLE INTL CORP US CCI 123.1 $13,664.98
22944PAA5 CSMC 2013-TH1 A1 2.13000 02/25/2043 US 20,756.24 $19,862.46
229663109 CUBESMART US CUBE 596.75 $17,257.88
2347608 FIRST QUANTUM MINERALS LTD CA FM CN 7,729.29 $108,283.80
23918K108 DAVITA INC. US DVA 9,586.36 $692,614.66
23918KAR9 DAVITA INC 5.00000 05/01/2025 US 14,117.57 $14,113.33
2434760 MEXICHEM SAB DE CV MX MEXCHEM* MM 2,153.43 $5,330.32
25271C102 DIAMOND OFFSHORE DRILLING US DO 7,814.04 $145,263.09
253868103 DIGITAL REALTY TRUST INC US DLR 148.85 $16,954.55
25470DAR0 DISCOVERY COMMUNICATIONS 3.95000 03/20/2028 US 116,641.17 $116,017.79
25470XAJ4 DISH DBS CORP 5.87500 07/15/2022 US 4,477.05 $4,499.43
256677AC9 DOLLAR GENERAL CORP 3.25000 04/15/2023 US 68,989.97 $69,920.34
257559AH7 DOMTAR CORP 4.40000 04/01/2022 US 65,463.17 $68,869.21
2643674 GRUPO MEXICO SAB DE CV-SER MX GMEXICOB MM 6,160.68 $20,343.97
26780TAA5 DYNAGAS LNG PARTNERS/FIN 6.25000 10/30/2019 MH 15,809.07 $15,927.64
26884U109 ENTERTAINMENT PROPERTIES TR US EPR 55.39 $3,625.50
269246BP8 E*TRADE FINANCIAL CORP 2.95000 08/24/2022 US 76,065.83 $75,423.70
2715777 QUEBECOR INC -CL B CA QBR/B CN 296.54 $5,591.05
2801836 SHAW COMMUNICATIONS INC-B CA SJR/B CN 130.66 $2,982.31
28140H203 EDUCATION REALTY TRUST INC US EDR 108.95 $3,804.42
28370TAG4 KINDER MORGAN ENER PART 4.30000 05/01/2024 US 139,186.76 $144,915.37
285512109 ELECTRONIC ARTS US EA 2,633.97 $276,725.14
2866857 LUNDIN MINING CORP CA LUN CN 12,106.37 $80,516.54
29250NAR6 ENBRIDGE INC 3.70000 07/15/2027 CA 72,470.74 $72,776.29
29372EBL1 ENTERPRISE FLEET FINANCING FLT 1.59000 02/22/2021 US 36,875.07 $36,843.79
29372EBS6 EFF 2016-2 A2 1.74000 02/22/2022 US 17,402.19 $17,367.66
29413XAB3 ENVIVA PARTNERS LP /FIN C 8.50000 11/01/2021 US 14,603.81 $15,553.06
294429105 EQUIFAX INC US EFX 2,076.03 $244,804.91
29444U700 EQUINIX INC US EQIX 84.4 $38,253.74
294628102 EQUITY COMMONWEALTH US EQC 260.34 $7,943.09
29472R108 EQUITY LIFESTYLE PROPERTIES US ELS 76.67 $6,824.80
29476L107 EQUITY RESIDENTIAL US EQR 215.85 $13,764.59
297178105 ESSEX PROPERTY TRUST INC US ESS 14.15 $3,415.42
298736109 EURONET WORLDWIDE INC US EEFT 2,609.03 $219,862.89
302154BV0 EXPORT-IMPORT BANK KOREA 2.62500 12/30/2020 KR 132,681.99 $131,510.27
30219G108 EXPRESS SCRIPTS HOLDING CO US ESRX 3,173.17 $236,845.31
30219GAK4 EXPRESS SCRIPTS HOLDING 3.50000 06/15/2024 US 108,666.8 $109,627.96
30225T102 EXTRA SPACE STORAGE INC US EXR 144.99 $12,678.98
30287EAE0 FREMF 2014-K41 B FLT 3.83172 11/25/2047 US 58,956.81 $60,280.21
30291EAE4 FREMF 2013-K712 B FLT 3.36178 05/25/2045 US 54,965.51 $55,454.49
30291HAA5 FREMF 2013-K28 X2A 0.10000 06/25/2046 US 3,583,672.52 $14,683.74
30291XAE2 FREMF 2014-K715 B FLT 3.97921 02/25/2046 US 57,254.97 $58,849.86
30303M102 FACEBOOK INC -A US FB 4,611.81 $813,800.54
3128M5VT4 FHLM POOL G03926 6.00000 02/01/2038 US 6,705.67 $7,552.71
3128M6NC8 FHLM POOL G04587 5.50000 08/01/2038 US 26,444.92 $29,192.70
3128M6NS3 FHLM POOL G04601 5.50000 07/01/2038 US 29,483.48 $32,577.01
3128M6SU3 FHLM POOL G04731 5.50000 04/01/2038 US 6,703.17 $7,406.87
3128MJ2U3 FHLM GOLD POOL FG G08786 4.50000 10/01/2047 US 119,309.28 $127,295.50
3128MJJT8 FHLM POOL G08273 5.50000 06/01/2038 US 8,352.49 $9,232.28
3128MJZU7 FHLM POOL G08754 4.50000 03/01/2047 US 96,384.93 $102,431.70
3128P75P4 FHLM POOL C91754 4.50000 03/01/2034 US 35,577.92 $38,142.38
3128P75X7 FHLM POOL C91762 4.50000 05/01/2034 US 47,228.2 $50,662.13
3128P76G3 FHLM POOL C91771 4.50000 06/01/2034 US 22,816.46 $24,571.58
3128P76R9 FHLM POOL C91780 4.50000 07/01/2034 US 24,711.53 $26,521.29
3128P8BT7 FHLM POOL C91850 4.00000 09/01/2035 US 114,472.04 $121,189.86
3128P8BX8 FHLM POOL C91854 4.00000 10/01/2035 US 28,242.3 $29,900.04
312941F69 FHLM POOL A92889 4.50000 07/01/2040 US 120,107.04 $128,159.48
3132QQFU1 FHLM POOL Q33778 4.00000 06/01/2045 US 38,001.14 $39,804.29
3132QUNJ8 FHLM POOL Q37592 4.00000 12/01/2045 US 53,180.1 $55,918.05
3132WF3E7 FHLM POOL Q42596 3.50000 08/01/2046 US 40,315.2 $41,463.68
3132WJX55 FHLM POOL Q45199 4.00000 01/01/2047 US 21,228.75 $22,202.85
3132WJYG0 FHLM POOL Q45210 4.00000 01/01/2047 US 21,341.11 $22,320.40
31335AFY9 FHLM POOL G60183 4.00000 12/01/2044 US 64,376.1 $67,483.35
3135G0ZR7 FEDERAL NATL MTG ASSN 2.62500 09/06/2024 US 918,432.41 $930,661.34
3137A2B34 FHMS K009 X1 FLT 1.30017 08/25/2020 US 366,186.64 $10,423.17
3137AME78 FHMS K017 X1 FLT 1.34993 12/25/2021 US 751,464.72 $32,990.80
3137ATSC7 FEDERAL NATL MTG ASSN KP01 A2 1.72000 01/25/2019 US 18,218.48 $18,193.58
3137AUPF0 FHMS K021 x1 FLT 1.46532 06/25/2022 US 279,428.74 $15,054.87
3137B36J2 FHMS K029 A2 3.32000 02/25/2023 US 163,962.85 $170,482.95
3137B3NB0 FHMS K030 X1 FLT 0.20689 04/25/2023 US 1,447,746.3 $13,864.05
3137B4WB8 FHMS K033 A2 3.06000 07/25/2023 US 110,009.7 $112,976.16
3137B5KW2 FHMS K035 A2 3.45800 08/25/2023 US 218,023.13 $228,245.82
3137BT7J4 FHMS KJ10 A2 2.91200 12/25/2023 US 199,354.02 $202,133.30
3137BWVV3 FHMS KJ13 A2 2.86400 08/25/2022 US 134,873.68 $136,878.27
3138EGE26 FEDERAL NATL MTG ASSN AL0152 6.00000 06/01/2040 US 22,720.92 $25,630.61
3138EGHT4 FEDERAL NATL MTG ASSN AL0241 4.00000 04/01/2041 US 65,613.38 $68,910.89
3138EHR87 FEDERAL NATL MTG ASSN AL1410 4.50000 12/01/2041 US 115,399.81 $123,597.26
3138EHXZ0 FEDERAL NATL MTG ASSN AL1595 6.00000 01/01/2040 US 17,179.92 $19,388.23
3138EP2A1 FEDERAL NATL MTG ASSN AL7068 4.50000 09/01/2042 US 50,367.51 $53,736.89
3138EQST0 FEDERAL NATL MTG ASSN AL7729 4.00000 06/01/2043 US 58,875.17 $61,831.99
3138ETT89 FEDERAL NATL MTG ASSN AL8674 FLT 5.65700 01/01/2049 US 126,333.3 $138,530.88
3138WDRZ6 FEDERAL NATL MTG ASSN AS4103 4.50000 12/01/2044 US 41,605.34 $44,689.62
3138Y6Y81 FEDERAL NATL MTG ASSN AX5234 4.50000 11/01/2044 US 32,434.03 $34,534.48
3138YNFD4 FEDERAL NATL MTG ASSN AY8263 3.00000 05/01/2035 US 65,537.28 $66,052.52
3138YUXE6 FEDERAL NATL MTG ASSN AZ3376 4.00000 07/01/2035 US 63,349.44 $66,873.97
31403DDX4 FEDERAL NATL MTG ASSN 745418 5.50000 04/01/2036 US 15,518.18 $17,205.49
3140E2GZ8 FEDERAL NATL MTG ASSN AZ9215 4.00000 10/01/2045 US 52,751.89 $55,276.32
3140EX2Y8 FEDERAL NATL MTG ASSN BC3490 3.50000 02/01/2046 US 147,872.91 $151,905.28
3140F2QS2 FEDERAL NATL MTG ASSN BC6764 3.50000 04/01/2046 US 37,194.7 $38,208.97
3140F8RB5 FEDERAL NATL MTG ASSN BD1381 3.50000 06/01/2046 US 21,521.23 $22,108.09
3140FPGW3 FEDERAL NATL MTG ASSN BE3812 4.00000 12/01/2046 US 42,870.94 $44,861.43
3140FPGZ6 FEDERAL NATL MTG ASSN BE3815 4.00000 12/01/2046 US 41,358.77 $43,279.09
3140FTWF4 FEDERAL NATL MTG ASSN BE7845 4.50000 02/01/2047 US 63,947.63 $68,344.10
31410GCD3 FEDERAL NATL MTG ASSN 888468 5.50000 09/01/2021 US 14,595.4 $15,113.80
31410GN33 FEDERAL NATL MTG ASSN 888810 5.50000 11/01/2022 US 17,468.31 $18,073.56
31416BRR1 FEDERAL NATL MTG ASSN 995196 6.00000 07/01/2038 US 29,640.5 $33,513.48
31417FB72 FEDERAL NATL MTG ASSN AB8161 6.00000 12/01/2037 US 37,831.04 $42,694.59
31417YJC2 FEDERAL NATL MTG ASSN MA0258 4.50000 12/01/2039 US 49,648.26 $53,004.20
31418BBC9 FEDERAL NATL MTG ASSN MA1834 4.50000 02/01/2034 US 58,880.36 $63,169.36
31418BDH6 FEDERAL NATL MTG ASSN MA1903 4.50000 05/01/2034 US 16,517.99 $17,732.61
31418BM37 FEDERAL NATL MTG ASSN MA2177 4.00000 02/01/2035 US 70,244.85 $74,150.83
31418MGR7 FEDERAL NATL MTG ASSN AD0207 6.00000 10/01/2038 US 31,745.05 $35,806.60
31418MKV3 FEDERAL NATL MTG ASSN AD0307 5.50000 01/01/2039 US 19,902.16 $22,006.78
31428X106 FEDEX CORPORATION US FDX 1,195.56 $298,339.32
32054K103 FIRST INDUSTRIAL REALTY TR US FR 370.39 $11,656.32
345605109 FOREST CITY REALTY TRUST - A US FCE/A 333.14 $8,028.68
35563BAJ9 FREMF 2014-K37 B FLT 4.55822 01/25/2047 US 46,017.13 $48,826.02
35671DBH7 FREEPORT-MCMORAN INC 4.00000 11/14/2021 US 3,261.44 $3,261.44
35802XAA1 FRESENIUS MED CARE US 6.50000 09/15/2018 US 6,091.47 $6,280.97
36143WAN1 GAHR 2015-NRF BFX FLT 3.38216 12/15/2034 US 122,176.57 $123,589.04
36174X101 GGP INC US GGP 572.81 $13,398.05
36246MAT6 GTP AQUISITION PARTNERS 2.35000 06/15/2020 US 28,181.86 $27,945.22
371559105 GENESEE & WYOMING INC -CL A US GWR 2,746.64 $216,243.16
374297109 GETTY REALTY CORP US GTY 211.98 $5,757.33
37950E366 GLOBAL X MSCI GREECE ETF GR 1,371.1 $14,094.87
37953TAB1 GLOBAL SHIP LEASE INC 9.87500 11/15/2022 MH 19,346.22 $19,999.16
37954A204 GLOBAL MEDICAL REIT INC US GMRE 976.92 $8,010.78
38141GVR2 GOLDMAN SACHS GROUP INC 4.25000 10/21/2025 US 68,692.02 $71,792.09
39807UAB2 GREYSTAR REAL ESTATE PAR 5.75000 12/01/2025 US 15,588.19 $16,055.84
399909100 GRUPO FINANCIERO GALICIA-ADR AR GGAL 178.09 $11,727.14
400506101 GRUPO AEROPORTUARIO PAC-ADR MX PAC 28.8 $2,959.17
40054A108 GRUPO SUPERVIELLE SA-SP ADR AR SUPV 317.1 $9,297.36
404119BM0 HCA INC 3.75000 03/15/2019 US 4,399.97 $4,438.47
40412CAC5 HCA HEALTHCARE INC 6.25000 02/15/2021 US 4,399.97 $4,663.97
40414L109 HCP INC US HCP 671.47 $17,511.91
410345AL6 HANESBRANDS INC 4.87500 05/15/2026 US 10,999.93 $11,274.93
4116099 BPER BANCA IT BPE IM 1,674.16 $8,433.81
4162791 THALES SA FR HO FP 124.25 $13,372.04
42225P501 HEALTHCARE TRUST OF AMERICA US HTA 297.71 $8,943.19
431318AQ7 HILCORP ENERGY I/HILCORP 5.75000 10/01/2025 US 15,012.98 $15,350.77
431475AB8 HILL-ROM HOLDINGS INC 5.00000 02/15/2025 US 10,878.37 $11,092.67
437302AA0 HOME PARTNERS OF AMERICA FLT RT 3.10951 03/17/2033 US 42,849.82 $43,108.93
43814RAB2 HAROT 2016-4 A2 1.04000 04/18/2019 US 74,579.98 $74,439.10
44107P104 HOST MARRIOTT CORP US HST 367.96 $7,304.08
444454AD4 HUGHES SATELLITE SYSTEMS 5.25000 08/01/2026 US 26,012.91 $26,533.17
4457624 TRIGANO SA FR TRI FP 79.37 $14,018.91
44891GAD6 HALST 2017-B A3 1.97000 07/15/2020 US 176,340.3 $175,851.04
4497749 KBC GROEP NV BE KBC BB 147.36 $12,556.77
45031UCD1 ISTAR INC 5.25000 09/15/2022 US 12,105.87 $12,181.53
45337C102 INCYTE CORP US INCY 2,727.33 $258,305.40
45378A106 INDEPENDENCE REALTY TRUST IN US IRT 565.79 $5,708.84
4571784 NH HOTEL GROUP SA ES NHH SM 1,134.03 $8,163.95
45763PAE6 INMARSAT FINANCE PLC 4.87500 05/15/2022 GB 33,973.83 $33,888.89
459745GH2 INTL LEASE FINANCE CORP 6.25000 05/15/2019 US 11,386.85 $11,932.34
46115HAL1 INTESA SANPAOLO SPA 3.87500 01/15/2019 IT 67,144.33 $68,040.13
46186YAA2 IHSFR 2015-SFR3 A FLT 2.75951 08/17/2032 US 104,826.49 $105,481.72
46187BAA1 IHSFR 2017-SFR2 A 2.34078 12/17/2036 US 32,861.89 $32,967.37
46187BAB9 IHSFR 2017-SFR2 B 2.64078 12/17/2036 US 23,934.48 $23,979.61
46187W107 INVITATION HOMES INC US INVH 558.3 $13,159.04
464286608 ISHARES MSCI EMU XX 770.06 $33,405.19
46434G798 ISHARES MSCI RUSSIA CAPPED E RU 237.01 $7,944.55
46640BAC8 JPMMT 2013-2 A2 3.50000 05/25/2043 US 33,943.96 $34,491.17
46641YAA1 JPMMT 2014-2 1A1 3.00000 06/25/2029 US 52,268.46 $52,584.94
46647PAE6 JPMORGAN CHASE & CO 2.77600 04/25/2023 US 141,131.73 $141,268.52
46649HAC6 JPMMT 2017-6 A3 3.50000 12/25/2048 US 48,624.18 $49,288.96
46649HAE2 JPMMT 2017-6 A5 3.50000 12/25/2048 US 127,974.75 $129,674.42
478160104 JOHNSON & JOHNSON US JNJ 2,772.27 $387,341.85
47987LAA9 JONAH NRG LLC/FINANCE 7.25000 10/15/2025 US 21,392.06 $21,552.50
4813345 SKANDINAVISKA ENSKILDA BAN-A SE SEBA SS 668.19 $7,846.17
4821100 SOLVAY SA BE SOLB BB 112.42 $15,630.82
4846523 SWEDBANK AB-A SHARES SE SWEDA SS 336.33 $8,114.00
497864AA6 KISSNER GR HLDG 8.37500 12/01/2022 CA 13,730.64 $13,867.95
500630CK2 KOREA DEVELOPMENT BANK 1.37500 09/12/2019 KR 181,306.17 $177,251.69
500769GZ1 KFW 1.50000 06/15/2021 DE 262,422.2 $255,910.00
50212YAB0 LPL HOLDINGS INC 5.75000 09/15/2025 US 10,347.64 $10,528.73
505742AD8 LADDER CAP FIN LLLP/CORP 5.87500 08/01/2021 US 14,792.1 $15,235.86
5107401 BEIERSDORF AG DE BEI GR 92.91 $10,892.52
512816109 LAMAR ADVERTISING CO US LAMR 98.55 $7,316.69
5129074 FRESENIUS MEDICAL DE FME GR 138.9 $14,585.78
517942108 LASALLE HOTEL PROPERTIES US LHO 178.48 $5,009.98
5228658 RANDSTAD HOLDING NV NL RAND NA 272.71 $16,733.46
5289837 ERSTE GROUP BANK AG AT EBS AV 190.91 $8,273.26
53223X107 LIFE STORAGE INC US LSI 99.16 $8,832.39
5330047 DASSAULT SYSTEMES SA FR DSY FP 163.33 $17,342.29
539439AM1 LLOYDS BANKING GROUP PLC 4.58200 12/10/2025 GB 138,878.47 $145,621.22
54150E104 LOMA NEGRA CIA IND-SPON ADR AR LOMA 383.76 $8,841.80
5458314 AKZO NOBEL NL AKZA NA 194.83 $17,095.60
550021109 LULULEMON - ADR CA LULU 4,931.05 $387,531.26
554382101 THE MACERICH CO US MAC 111.49 $7,322.60
5545670 JUNGHEINRICH AG DE JUN3 GR 280.56 $13,191.06
559222AR5 MAGNA INTERNATIONAL INC 4.15000 10/01/2025 CA 101,715.61 $108,099.52
55933JAB0 MAGNACHIP SEMICONDUCTOR 6.62500 07/15/2021 US 15,665.27 $15,195.31
5633616 SOPRA STERIA GROUP FR SOP FP 89.65 $16,754.01
5669354 REPSOL SA ES REP SM 666.26 $11,763.71
5699373 WIENERBERGER AG AT WIE AV 746.62 $18,069.84
5713422 METSO OYJ FI METSO FH 316.49 $10,797.15
5727973 SIEMENS AG-REG DE SIE GR 245.36 $33,971.27
57636Q104 MASTERCARD INC-CLASS A US MA 2,818.01 $426,534.66
580037AB5 MCDERMOTT INTERNATIONAL 8.00000 05/01/2021 PA 14,869.17 $15,283.28
5852842 ACCOR SA FR AC FP 397.3 $20,452.99
59001ABA9 MERITAGE HOMES CORP 5.12500 06/06/2027 US 10,900.61 $11,091.37
594918104 MICROSOFT CORP US MSFT 3,890.27 $332,773.69
59522J103 MID-AMERICA APARTMENT COMM US MAA 130.84 $13,156.80
6174467X1 MORGAN STANLEY 5.00000 11/24/2025 US 103,574.71 $113,335.77
61744YAG3 MORGAN STANLEY FLT 2.61703 05/08/2024 US 107,452.75 $109,712.34
62426EAA3 MOUNTAIN PROVINCE DIAMON 8.00000 12/15/2022 CA 10,392.13 $10,275.22
6291819 CHINA PETROLEUM & CHEMICAL - H CN 386 HK 10,744.91 $7,869.93
62944TAE5 NVR INC 3.95000 09/15/2022 US 117,778.15 $122,950.59
6356934 FANUC LTD JP 6954 JP 50.85 $12,198.37
637417106 NATIONAL RETAIL PROPERTIES US NNN 195.89 $8,448.88
64110W102 NETEASE.COM INC- ADR CN NTES 19.84 $6,847.16
6429104 HITACHI LTD FIRST SECTION JP 6501 JP 2,686.23 $20,840.29
6474494 JOLLIBEE FOODS CORP PH JFC PM 2,621.7 $13,287.05
6474535 JAPAN TOBACCO INC JP 2914 JP 525.09 $16,909.52
64829DAG1 NRZT 2014-3A AFX3 3.75000 11/25/2054 US 41,532.48 $42,429.34
64829EAA2 NRZT 2015-2A A1 3.75000 08/25/2055 US 57,405.77 $58,797.78
64829LAA6 NRZT 2016-4A A1 3.75000 11/25/2056 US 57,798.03 $59,057.48
6490995 KEYENCE CORP JP 6861 JP 50.85 $28,405.56
6630940 CHINA EVERBRIGHT INTL LTD HK 257 HK 12,027.25 $17,158.62
66977WAQ2 NOVA CHEMICALS CORP 4.87500 06/01/2024 CA 11,530.66 $11,501.83
66987V109 NOVARTIS AG- REG CH NVS 5,787.6 $485,926.58
683235AA3 ONTARIO (PROVINCE OF) 2.00000 09/27/2018 CA 65,653.01 $65,680.01
68323ADY7 ONTARIO (PROVINCE OF) 1.25000 06/17/2019 CA 56,300.1 $55,593.58
69007J106 OUTFRONT MEDIA INC US OUT 284.17 $6,592.67
69145LAA2 OXFORD FIN LLC/CO-ISS II 6.37500 12/15/2022 US 14,261.37 $14,724.87
69318FAG3 PBF HOLDING CO LLC 7.25000 06/15/2025 US 11,818.27 $12,409.18
697660207 PAMPA ENERGIA SA AR PAM 184.5 $12,413.18
70014LAC4 PARK AEROSPACE HOLDINGS 4.50000 03/15/2023 KY 7,904.54 $7,548.83
7110902 TECAN GROUP AG-REG CH TECN SW 40.4 $8,391.48
7123870 NESTLE SA-REGISTERED CH NESN SW 196.72 $16,912.90
713448CX4 PEPSICO INC 3.10000 07/17/2022 US 67,884.03 $69,510.51
7147892 TEMENOS GROUP AG-REG CH TEMN SW 63.4 $8,113.05
71654QCB6 PETROLEOS MEXICANOS 6.87500 08/04/2026 MX 65,085.04 $73,790.16
71943U104 PHYSICIANS REALTY TRUST US DOC 784.29 $14,109.43
7262610 CREDIT AGRICOLE SA FR ACA FP 707.99 $11,690.31
729640102 PLYMOUTH INDUSTRIAL REIT INC US 108.84 $2,011.28
733174AJ5 POPULAR INC 7.00000 07/01/2019 US 15,997.36 $16,637.25
7339451 ORPEA SA FR ORP FP 139.01 $16,366.53
7380062 AAREAL BANK AG DE ARL GR 200.47 $9,051.82
7380482 COMPAGNIE DE SAINT-GOBAIN FR SGO FP 279.35 $15,374.25
741503403 PRICELINE GROUP INC US PCLN 407.35 $707,871.40
741503AZ9 PRICELINE GROUP INC/THE 3.60000 06/01/2026 US 143,717.09 $144,332.61
74340W103 PROLOGIS US PLD 393.72 $25,398.97
744320AL6 PRUDENTIAL FINANCIAL INC 5.87500 09/15/2042 US 68,084.22 $74,382.01
74460D109 PUBLIC STORAGE INC US PSA 62.52 $13,065.78
74736K101 QORVO INC US QRVO 7,868.51 $524,043.02
7520794 BANQUE CANTONALE VAUDOIS-REG CH BCVN SW 11.5 $8,671.13
758849103 REGENCY CENTERS CORP US REG 130.84 $9,051.19
75886F107 REGENERON PHARMACEUTICALS INC US REGN 1,106.87 $416,137.16
76169C100 REXFORD INDUSTRIAL REALITY IN US REXR 266.76 $7,778.59
767754CH5 RITE AID CORP 6.12500 04/01/2023 US 3,261.44 $2,943.45
77340RAK3 ROCKIES EXPRESS PIPELINE 5.62500 04/15/2020 US 19,048.27 $19,953.06
7759435 ILIAD SA FR ILD FP 55.77 $13,363.46
780097AY7 ROYAL BK SCOTLND GRP PLC 6.10000 06/10/2023 GB 4,399.97 $4,845.08
780259107 ROYAL DUTCH SHELL PLC-ADR B NL RDS/B 185.83 $12,690.14
783513203 RYANAIR HOLDINGS - ADR IE RYAAY 149.29 $15,554.71
78408XAD3 SCGT 2013-SRP1 AJ FLT 3.42703 11/15/2026 US 167,635.54 $167,086.52
78442FET1 SLM CORP 6.12500 03/25/2024 US 9,982.96 $10,107.75
78442PGC4 SLM CORP 5.12500 04/05/2022 US 16,803.8 $17,475.95
78471DAA5 SCLP 2016-1 A 3.26000 08/25/2025 US 42,632.5 $43,041.03
785592AV8 SABINE PASS LIQUEFACTION 5.87500 06/30/2026 US 68,104.91 $76,513.70
80282KAQ9 SANTANDER HOLDINGS USA 3.40000 01/18/2023 US 106,026.61 $105,613.48
806857108 SCHLUMBERGER LTD NL SLB 6,198.83 $417,739.43
81211K100 SEALED AIR CORP US SEE 5,362.81 $264,386.36
812578102 SEATTLE GENETICS INC US SGEN 6,958.15 $372,261.17
81663AAC9 SEMGROUP CORP 6.37500 03/15/2025 US 14,913.66 $14,689.96
81745EAA7 SEMT 2013-8 A1 3.00000 06/25/2043 US 46,164.78 $45,951.08
81745MAA9 SEMT 2013-2 1.87400 02/25/2043 US 39,088.32 $36,920.15
81762P102 SERVICENOW INC US NOW 6,565.55 $856,082.35
81783QAC9 SEVEN GENERATIONS ENERGY 5.37500 09/30/2025 CA 9,839.16 $9,937.55
828806109 SIMON PROPERTY GROUP INC US SPG 200.37 $34,411.62
82967NAY4 SIRIUS XM RADIO INC 3.87500 08/01/2022 US 4,477.05 $4,488.24
83088M102 SKYWORKS SOLUTIONS INC US SWKS 6,194.52 $588,169.57
83401BAA4 SOFI 2017-F A1FX 2.05000 01/25/2041 US 14,380.35 $14,342.99
83401BAB2 SOFI 2017-F A2FX 2.84000 01/25/2041 US 10,785.27 $10,799.65
83402QAA0 SCLP 2016-2 A 3.09000 10/27/2025 US 56,672.91 $57,570.53
83404FAB0 SOFI 2017-A A2A 1.55000 03/26/2040 US 162,583.94 $161,798.58
83405DAB4 SOFI 2017-C A2A 1.75000 07/25/2040 US 197,915.69 $197,115.88
834423AA3 SOLVAY FINANCE (AMERICA) 3.40000 12/03/2020 US 66,997.42 $68,411.55
83714RAZ6 SOUTH CAROLINA ST STUDENT LOAN 1.62100 12/01/2023 US 42,662.58 $42,660.02
84265V105 SOUTHERN COPPER CORPORATION US SCCO 2,605.95 $123,652.49
84265VAH8 SOUTHERN COPPER CORP 3.87500 04/23/2025 US 71,234.45 $73,872.24
845467AL3 SOUTHWESTERN ENERGY CO 6.70000 01/23/2025 US 11,265.29 $11,701.82
852061AK6 SPRINT COMMUNICATIONS 9.00000 11/15/2018 US 4,399.97 $4,631.41
852061AR1 SPRINT COMMUNICATIONS 7.00000 08/15/2020 US 4,399.97 $4,663.97
85254J102 STAG INDUSTRIAL INC US STAG 427.22 $11,675.86
85571BAJ4 STARWOOD PROPERTY TRUST 4.75000 03/15/2025 US 8,457.51 $8,394.07
85571XAA5 SRPT 2014-STAR A FLTG RATE 2.69703 11/15/2027 US 91,650.03 $91,715.81
862121100 STORE CAPITAL CORP US STOR 302.19 $7,868.93
866674104 SUN COMMUNITIES US SUI 83.08 $7,707.93
867892101 SUNSTONE HOTEL INVESTORS INC US SHO 462.65 $7,647.59
87470LAA9 TALLGRASS NRG PRTNR/FIN 5.50000 09/15/2024 US 20,087.48 $20,614.78
876664103 TAUBMAN CTRS INC US TCO 57.32 $3,750.42
87677QAA9 TXEZ 2016-1A 3.13100 06/15/2028 US 13,550.4 $13,565.06
87854WAA1 TECHNIPLAS LLC 10.00000 05/01/2020 US 15,665.27 $12,845.52
88033GBW9 TENET HEALTHCARE CORP 6.75000 02/01/2020 US 4,399.97 $4,443.97
88146M101 TERRENO REALTY CORP US TRNO 219.11 $7,681.96
882508104 TEXAS INSTRUMENTS INC US TXN 1,938.58 $202,464.94
89173CAA5 TPMT 2016-5 A1 2.50000 10/25/2056 US 103,744.3 $102,997.48
893870204 TRANSPORTADOR GAS SUR-SP ADR AR TGS 390.67 $8,684.53
89613BAA5 TAH 2013-SFR1 A 2.58900 11/17/2033 US 72,338.84 $71,322.50
89613FAA6 TAH 2017-SFR2 A 2.92800 01/17/2036 US 70,980.98 $70,689.53
896356AE2 TRINIDAD DRILLING LTD 6.62500 02/15/2025 CA 15,565.95 $14,787.65
901109AF5 TUTOR PERINI CORP 6.87500 05/01/2025 US 15,930.63 $17,125.43
902653104 UDR INC US UDR 273.89 $10,550.09
903002103 UMH PROPERTIES INC US UMH 388.41 $5,787.37
904767704 UNILEVER PLC - ADR GB UL 6,282.26 $347,660.03
912810FM5 UNITED STATES TREAS BOND 6.25000 05/15/2030 US 317,982.57 $447,051.19
912810PT9 UNITED STATES TREAS BOND 4.75000 02/15/2037 US 485,545.16 $646,856.16
912810QV3 UNITED STATES TREAS INFL INDEX 0.75000 02/15/2042 US 220,726.56 $222,874.82
912810RK6 US TREASURY N/B 2.50000 02/15/2045 US 352,758.7 $336,292.03
912828K33 UNITED STATES TREAS INFL INDEX 0.12500 04/15/2020 US 260,926.7 $260,391.61
912828K58 UNITED STATES TREAS NTS 1.37500 04/30/2020 US 412,284.74 $407,179.49
912828Q78 US TREASURY N/B 1.37500 04/30/2021 US 886,201.78 $867,023.83
912828R28 US TREASURY N/B 1.62500 04/30/2023 US 910,169.88 $882,402.59
912828R36 US TREASURY N/B 1.62500 05/15/2026 US 456,924.65 $430,365.91
912828S92 US TREASURY N/B 1.25000 07/31/2023 US 569,632.24 $539,837.80
912828UH1 UNITED STATES TREAS INFL INDEX 0.12500 01/15/2023 US 211,440.2 $209,798.10
912828WZ9 UNITED STATES TREAS NTS 1.75000 04/30/2022 US 923,204.3 $907,300.67
912828X88 US TREASURY N/B 2.37500 05/15/2027 US 803,783.77 $801,491.74
912828XQ8 US TREASURY N/B 2.00000 07/31/2022 US 1,753,340.98 $1,739,985.45
91704F104 URBAN EDGE PROPERTIES US UE 701.7 $17,886.43
91911KAJ1 VALEANT PHARMACEUTICALS 6.50000 03/15/2022 CA 3,261.44 $3,424.51
92276F100 VENTAS INC US VTR 143.44 $8,607.61
92339V100 VEREIT INC US VER 1,203.82 $9,377.79
92343VDY7 VERIZON COMMUNICATIONS 4.12500 03/16/2027 US 140,209.42 $146,198.18
92532F100 VERTEX PHARMACEUTICALS INC US VRTX 1,915.29 $287,024.94
92826C839 VISA INC - CLASS A SHARES US V 3,717.85 $423,909.02
92826CAC6 VISA INC 2.80000 12/14/2022 US 105,242.42 $106,784.28
929042109 VORNADO REALTY TRUST US VNO 202.31 $15,816.21
948565AC0 WEEKLEY HOMES LLC/ FINAN 6.00000 02/01/2023 US 13,730.64 $13,661.99
94856TAA2 WEEKLEY HOMES LLC/ FINAN 6.62500 08/15/2025 US 14,117.57 $14,046.98
95040Q104 WELLTOWER INC. US HCN 209.44 $13,355.72
962166104 WEYERHAEUSER CO US WY 7,326.45 $258,330.59
962178AL3 TRI POINTE HOLDINGS INC 4.37500 06/15/2019 US 10,392.13 $10,599.97
962178AN9 TRI POINTE GROUP / HOMES 5.87500 06/15/2024 US 8,678.38 $9,264.17
96949LAD7 WILLIAMS PARTNERS LP 3.75000 06/15/2027 US 113,379.73 $113,615.38
97651JAE6 WINWATER MORTGAGE LOAN TRUST 3.50000 03/20/2045 US 45,410.96 $45,849.09
97652TAA1 WIN 2015-1 A1 3.50000 01/20/2045 US 49,635.92 $50,403.74
98416JAE0 XERIUM TECHNOLOGIES INC 9.50000 08/15/2021 US 12,061.39 $12,212.15
984245100 YPF S.A.-SPONSORED ADR AR YPF 428.64 $9,820.15
98919V105 ZAYO GROUP HOLDINGS INC US ZAYO 8,945.23 $329,184.33
B037HR3 ITAU UNIBANCO HOLDINGS S-PREF BR ITUB4 BZ 626.79 $8,045.75
B037JC2 NEXITY FR NXI FP 208.21 $12,385.32
B0386J1 JYSKE BANK-REG DK JYSK DC 147.36 $8,378.27
B06JSP1 SYDBANK A/S DK SYDB DC 212.69 $8,561.00
B0CGYD6 LOJAS RENNER S.A. BR LREN3 BZ 739.94 $7,916.65
B0LF188 EFG INTERNATIONAL AG CH EFGN SW 1,245.46 $13,149.53
B11ZRK9 LEGRAND SA FR LR FP 173.61 $13,347.04
B138HB7 KAUFMAN & BROAD SA FR KOF FP 185.11 $8,786.35
B13X013 EIFFAGE FR FGR FP 199.26 $21,807.07
B15C557 TOTAL SA FR FP FP 219.1 $12,094.33
B1FRH89 M DIAS BRANCO SA BR MDIA3 BZ 549.4 $8,629.17
B1FW751 GALP ENERGIA SGPS SA PT GALP PL 647.74 $11,900.76
B1HDJL2 NATIXIS FR KN FP 2,096.5 $16,559.16
B1HKSV6 BANCA GENERALI SPA IT BGN IM 375.41 $12,474.68
B1KFX13 GRUPO AEROPORTUARIO DEL CENT MX OMAB MM 551.63 $2,859.06
B1NXMK6 IGUATEMI EMP DE SHOPPING BR IGTA3 BZ 692.02 $8,217.57
B1VWPC8 UK TSY 5% 2018 5.00000 03/07/2018 GB 21,967.27 $29,908.19
B1WGG93 GEBERIT AG-REG CH GEBN SW 28.19 $12,407.90
B1XFTL2 HEXAGON AB-B SHS SE HEXAB SS 249.83 $12,532.63
B1XH026 VINCI SA FR DG FP 294.71 $30,087.78
B1Y9TB3 DANONE FR BN FP 166.59 $13,958.87
B1YVKN8 ANTA SPORTS PRODUCTS LTD CN 2020 HK 2,807.79 $12,740.05
B1YY4B3 UNIBAIL-RODAMCO SE FR UL NA 52.73 $13,269.92
B232R05 SK INNOVATION CO LTD KR 096770 KS 42.23 $8,055.88
B23FNB7 ALIANSCE SHOPPING CENTERS SA BR ALSC3 BZ 1,575.27 $8,567.08
B283W97 CAIXABANK S.A ES CABK SM 4,735.16 $22,012.86
B2B0DG9 RELX PLC GB REL LN 533.32 $12,505.48
B2QY968 HYPERMARCAS SA BR HYPE3 BZ 1,190.57 $12,921.06
B3FP8W8 CANADA HOUSING TRUST 4.10000 12/15/2018 CA 17,931.98 $14,606.08
B3NB1P2 SUNCOR ENERGY INC CA SU CN 226.73 $8,324.20
B3ZD2V9 MEX BONOS DESARR FIX RT 6.50000 06/10/2021 MX 185,599.58 $9,116.92
B4888C1 CANADIAN GOVERNMENT FLT 2.75000 06/01/2022 CA 22,034 $18,206.01
B4NDCC9 MEX BONOS DESARR FIX RT 6.50000 06/09/2022 MX 301,815.03 $14,692.96
B4Q2TX3 CHINA LONGYUAN POWER GROUP-H CN 916 HK 24,706.78 $17,543.72
B4R2R50 JULIUS BAER CH BAER SW 142.88 $8,737.41
B4WTBY3 HUANENG RENEWABLES CORP-H CN 958 HK 52,221.35 $17,678.99
B4X4D29 FLEURY SA BR FLRY3 BZ 1,536.58 $13,716.20
B4YN9R2 SINGAPORE GOVERNMENT 2.50000 06/01/2019 SG 39,534.57 $29,904.63
B4YVF56 BRENNTAG AG DE BNR GR 298.58 $18,823.73
B5W0S97 ROYAL BANK OF CANADA 3.77000 03/30/2018 CA 20,662.7 $16,530.32
B615Y14 MEX BONOS DESARR FIX RT 8.00000 06/11/2020 MX 446,105.77 $22,871.93
B61JC67 TREASURY WINE ESTATES LTD AU TWE AU 1,022.55 $12,688.74
B63QM77 NEXON CO LTD JP 3659 JP 400.96 $11,627.90
B6TC406 MEX BONOS DESARR FIX RT 7.75000 05/29/2031 MX 58,096.6 $2,956.32
B725S29 PUREGOLD PRICE CLUB INC PH PGOLD PM 12,751.09 $12,771.53
B7311V6 KALBE FARMA TBK PT ID KLBF IJ 102,728.84 $12,796.15
B7FQV64 RAIA DROGASIL S.A. BR RADL3 BZ 307.32 $8,504.88
BB22L96 KION GROUP AG DE KGX GR 215.23 $18,527.39
BBG00B6C5VY1 REGN US 01/19/18 P350 US -2.42 -$358.29
BBG00BKPTRR7 LULU US 01/19/18 C80 CA -11.78 -$2,156.49
BBG00J640583 MDT US 12/29/17 P77.5 IE -11.91 -$35.72
BBG00JG6RS79 SWKS US 12/29/17 C97.5 US -9.73 -$48.64
BD0PJ08 INMOBILIARIA COLONIAL SOCMI ES COL SM 886.69 $8,802.08
BDZZRC1 BOLSAS Y MERCADOS ARGENTINOS AR 287.47 $5,247.82
BFNX8F1 REPSOL SA-RTS ES 666.26 $302.98
BFTCYP4 ROBINSONS RETAIL HOLDINGS IN PH RRHI PM 7,036.72 $13,560.34
BGHQ198 HIBERNIA REIT PLC IE HBRN ID 3,860.16 $7,058.56
BGSH2S6 CVC BRASIL OPERADORA E AGENCIA BR CVCB3 BZ 641.17 $9,374.63
BH4TZ73 FU SHOU YUAN INTERNATIONAL CN 1448 HK 12,171.05 $10,390.69
BMMV2K8 TENCENT HOLDINGS LTD CN 700 HK 4,523.18 $234,110.68
BNBNSG0 EURONEXT NV NL ENX FP 343.85 $21,328.60
BNGN9Z1 FINECOBANK SPA IT FBK IM 1,659.95 $16,955.67
BNGNB77 MERLIN PROPERTIES SOCIMI SA ES MRL SM 640.61 $8,676.46
BP269Z8 AXIA REAL ESTATE SOCIMI SA ES AXIA SM 170.14 $3,760.19
BP9DL90 INDUSTRIA DE DISENO TEXTIL ES ITX SM 457.82 $15,919.26
BVRZ8L1 AENA SA ES AENA SM 214.02 $43,312.36
BVSS790 ELIS SA FR ELIS FP 474.74 $13,107.71
BYXS699 QIAGEN N.V. NL QIA GR 326.54 $10,185.00
BYYHL23 ANHEUSER-BUSCH INBEV SA/NV BE ABI BB 3,279.61 $366,139.13
BYZ43T4 EUROBANK ERGASIAS SA GR EUROB GA 11,292.89 $11,517.27
BYZFYS3 SPIE SA FR SPIE FP 639.4 $16,623.66
BYZFZ91 SOPHOS GROUP PLC GB SOPH LN 1,709.69 $13,164.24
BYZR014 AMUNDI SA FR AMUN FP 188.87 $15,995.95
BYZWX76 CRODA INTERNATIONAL PLC GB CRDA LN 283 $16,870.07
BZ3C3Q4 BANKIA SA ES BKIA SM 2,062.78 $9,845.51
G02602103 AMDOCS LTD GG DOX 299.19 $19,591.05
G06242104 ATLASSIAN CORP PLC-CLASS A AU TEAM 140.95 $6,415.84
G3157S106 ENSCO INTERNATIONAL INC US ESV 10,703.32 $63,256.64
G37585AC3 GASLOG LTD 8.87500 03/22/2022 BM 15,057.46 $15,923.27
G45667105 HOLLYSYS AUTOMATION TECHNOLOGIES CN HOLI 367.07 $8,174.56
G5960L103 MEDTRONIC INC IE MDT 5,700.58 $460,321.47
G6518L108 NIELSEN HOLDINGS PLC US NLSN 9,466.04 $344,563.79
G97822103 PERRIGO CO PLC IE PRGO 190.3 $16,586.92
H8817H100 TRANSOCEAN LTD US RIG 16,831.13 $179,756.46
N47279109 INTERXION HOLDING NX NL INXN 239.06 $14,087.98
N72482123 QIAGEN N.V. ADR NL QGEN 254.52 $7,872.44
USD US DOLLAR US 616,044.31 $616,044.31

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 2025 Series Class I Distribution History
  • 2018 Distribution Calendar
  • Fourth Quarter 2017 Distributions
  • Third Quarter 2017 Distributions
  • Second Quarter 2017 Distributions
  • First Quarter 2017 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...