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 27% - 67%.

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.

Target Series Glide Path Overview

Learn more about our Glide Range SM

Daily Price

$12.30

Daily $ Change

-$0.01

Daily % Change

-0.08%

as of 07/19/2018

Ticker

MTOKX

CUSIP

56382P393

Inception Date

06/25/2012

Investment Minimum

$2,000.00

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

Important Documents

Summary Prospectus
Prospectus
Statement of Additional Information
Annual Report
Semi-Annual Report
Fact Sheet
Applications & Forms
XBRL-3/20/18

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 06/30/2018

YTD

0.98%

1 Year

5.49%

3 Year

3.87%

5 Year

5.59%

10 Year

---

Inception
(06/25/2012)

7.43%

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 1.36%
Net 0.99%*

*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 06/30/2018

TREASURY NOTES 14.68%
GOVERNMENT AGENCY 6.60%
TREASURY BONDS 5.34%
FACEBOOK INC -A 2.11%
INCYTE CORP 1.62%
BOOKING HOLDINGS INC 1.46%
TREASURY BILLS 1.45%
ANHEUSER-BUSCH INBEV SA/NV 1.35%
REGENERON PHARMACEUTICALS INC 1.30%
QORVO INC 1.29%

Top Ten Investments list is unaudited and excludes cash.

Asset Allocation

As of 06/30/2018

Bonds 54.83%
Stocks 43.88%
Cash 1.29%

Detailed Asset Class Allocation

As of 06/30/2018

International Equities 14.03%
Small Capitalization 0.72%
Mid Capitalization 2.90%
Large Capitalization 26.23%
Long Term Fixed Income 15.68%
Intermediate Term Fixed Income 28.01%
Short Term Fixed Income 11.14%
Cash 1.29%

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

June Fund Holdings

As of 06/30/2018

CUSIP Security Description Country Ticker Shares/Par Market Value (USD)
00163UAB2 AMAG PHARMACEUTICALS INC 7.87500 09/01/2023 US 14,889.63 $15,792.31
00206RDQ2 AT&T INC 4.25000 03/01/2027 US 226,867.05 $222,038.13
00254EML3 SWEDISH EXPORT CREDIT 1.12500 08/28/2019 SE 208,846.06 $205,379.22
00289XAA7 ABENGOA YIELD PLC 7.00000 11/15/2019 GB 28,746.04 $29,752.15
004239109 ACADIA REALTY TRUST US AKR 232.19 $6,355.06
0045614 ANTOFAGASTA PLC GB ANTO LN 1,776.66 $23,082.68
0053673 ASHTEAD GROUP PLC GB AHT LN 682.83 $20,334.31
008492100 AGREE REALTY CORP US ADC 104.39 $5,508.76
00928QAK7 AIRCASTLE LTD 6.25000 12/01/2019 BM 7,867.55 $8,137.64
015271109 ALEXANDRIA REAL EST EQUITIES US ARE 43.17 $5,447.22
01609W102 ALIBABA GROUP - ADR CN BABA 2,288.05 $424,501.69
01609WAT9 ALIBABA GROUP HOLDING 3.40000 12/06/2027 KY 380,851.72 $354,854.13
01748XAA0 ALLEGIANT TRAVEL CO 5.50000 07/15/2019 US 13,840.62 $13,909.83
02005NAT7 ALLY FINANCIAL INC 3.50000 01/27/2019 US 14,325.98 $14,308.07
02079K107 ALPHABET INC-CL C US GOOG 222.87 $248,650.35
02079K305 ALPHABET INC-CL A US GOOGL 222.87 $251,668.08
023135106 AMAZON.COM INC US AMZN 90.18 $153,293.49
02319V103 AMBEV SA-ADR BR ABEV 89,478.43 $414,285.12
0237400 DIAGEO PLC GB DGE LN 14,985.38 $538,362.73
024835100 AMERICAN CAMPUS COMMUNITIES US ACC 261.86 $11,228.57
0263494 BAE SYSTEMS PLC GB BA/ LN 1,278.07 $10,872.90
02665T306 AMERICAN HOMES 4 RENT- A US AMH 995.19 $22,073.23
02666TAA5 AMERICAN HOMES 4 RENT 4.25000 02/15/2028 US 247,847.18 $237,355.33
03027X100 AMERICAN TOWER REIT INC US AMT 809.3 $116,676.92
03064D108 AMERICOLD REALTY TRUST US COLD 187.22 $4,122.50
03748R101 APARTMENT INVT & MGMT CO -A US AIV 385.51 $16,307.07
03784Y200 APPLE HOSPITALITY REIT INC US APLE 499.61 $8,933.01
03969AAL4 ARDAGH PKG FIN/HLDGS USA 6.00000 02/15/2025 IE 28,182.39 $27,442.60
0405207 HALMA PLC GB HLMA LN 572.02 $10,299.99
04621WAC4 ASSURED GUARANTY US HLDG 5.00000 07/01/2024 US 237,122.33 $247,789.28
0490656 KERRY GROUP PLC-A IE KYGA LN 191.91 $20,047.25
053484101 AVALONBAY COMMUNITIES INC US AVB 233.21 $40,086.17
05604LAA0 BWAY 2015-1740 A 2.91700 01/10/2035 US 256,560.32 $243,719.99
058498106 BALL CORP US BLL 12,451.25 $442,641.88
06051GFM6 BANK OF AMERICA CORP 4.00000 01/22/2025 US 364,098.94 $359,421.16
09061G101 BIOMARIN PHARMACEUTICAL INC US BMRN 5,725.46 $539,338.74
09062X103 BIOGEN IDEC INC US BIIB 926.26 $268,836.98
0922320 SMITH & NEPHEW PLC GB SN/ LN 287.42 $5,294.36
09247X101 BLACKROCK INC US BLK 883.67 $440,987.18
0946580 WEIR GROUP PLC/THE GB WEIR LN 1,227.53 $32,237.77
09627J102 BLUEROCK RESIDENTIAL GROWTH US 461.25 $4,114.35
096630AE8 BOARDWALK PIPELINES LP 5.95000 06/01/2026 US 334,429.3 $358,626.64
09857L108 BOOKING HOLDINGS INC US BKNG 393.14 $796,935.74
101121101 BOSTON PROPERTIES INC US BXP 194.77 $24,428.16
105368203 BRANDYWINE REALTY TRUST US BDN 1,306.13 $22,047.49
110122108 BRISTOL MYERS SQUIBB CO US BMY 4,105.85 $227,217.60
110448107 BRITISH AMERICAN TOB-SP ADR GB BTI 274.5 $13,848.69
12467AAD0 C&S GROUP ENTERPRISES 5.37500 07/15/2022 US 21,488.97 $21,059.19
1248EPBR3 CCO HLDGS LLC/CAP CORP 5.50000 05/01/2026 US 11,703.47 $11,348.85
125269100 CF INDUSTRIES HOLDINGS INC US CF 8,734.28 $387,801.82
12592BAB0 CNH INDUSTRIAL CAPITAL L 3.37500 07/15/2019 US 240,175.35 $240,367.49
126307AH0 CSC HOLDINGS LLC 5.25000 06/01/2024 US 26,632.24 $25,167.47
12646XAH5 CSMC 2013-IVR3 A1 2.50000 05/25/2043 US 78,605.15 $73,326.81
12648TAA7 CSMC 2014-IVR3 A1 3.50000 07/25/2044 US 139,713.03 $138,359.63
12770QAA3 CZR 2017-VICI A 3.53100 10/15/2034 US 72,803.84 $72,993.39
13321L108 CAMECO CORP CA CCJ 758.77 $8,536.15
14314JAC4 CARMX 2017-1 A3 1.98000 11/15/2021 US 54,602.88 $54,100.08
14912Y202 CATCHMARK TIMBER TRUST INC US CTT 1,346.84 $17,145.26
156504AH5 CENTURY COMMUNITIES 5.87500 07/15/2025 US 29,575.72 $27,949.06
15672WAJ3 CEQUEL COM HLDG I/CAP CP 7.50000 04/01/2028 US 28,182.39 $28,526.22
16411QAA9 CHENIERE ENERGY PARTNERS 5.25000 10/01/2025 US 19,571.02 $19,090.55
165183AA2 CFII 2016-1A A1 2.11000 03/15/2028 US 14,558.8 $14,505.04
165183AL8 CFII 2017-2A A1 1.99000 05/15/2029 US 262,593.88 $259,908.65
165240102 CHESAPEAKE LODGING TRUST US CHSP 257.32 $8,141.60
172967EW7 CITIGROUP INC 8.12500 07/15/2039 US 244,011.27 $343,232.50
19625JAA1 CAH 2015-1A A 3.24638 07/17/2032 US 47,640.51 $47,618.78
19626G108 COLONY CAPITAL INC US CLNY 1,102.94 $6,882.37
198287203 COLUMBIA PROPERTY TRUST INC US CXP 287.26 $6,523.75
20369C106 COMMUNITY HEALTHCARE TRUST I US CHCT 397.02 $11,858.92
2112226 SAPUTO INC CA SAP CN 156.22 $5,186.80
2162760 CAE INC CA CAE CN 264.84 $5,501.58
21871N101 CORECIVIC INC US CXW 1,118.05 $26,710.29
21987BAK4 CODELCO INC 5.62500 09/21/2035 CL 212,932.51 $237,994.00
222795106 COUSINS PROPERTIES INC US CUZ 2,276.58 $22,060.06
22530LAA4 CAALT 2017-1A A 2.56000 10/15/2025 US 125,434.56 $124,730.28
22663AAA7 ORTHO-CLINICAL DIAGNOSTI 6.62500 05/15/2022 US 15,030.54 $14,692.35
22822V101 CROWN CASTLE INTL CORP US CCI 140.72 $15,171.96
22944PAA5 CSMC 2013-TH1 A1 2.13000 02/25/2043 US 32,433.68 $30,108.38
229663109 CUBESMART US CUBE 488.81 $15,749.32
23311RAC0 DCP MIDSTREAM OPERATING 9.75000 03/15/2019 US 7,867.55 $8,192.09
23331A109 DR HORTON INC US DHI 57.7 $2,365.51
2347608 FIRST QUANTUM MINERALS LTD CA FM CN 240.14 $3,538.16
23918K108 DAVITA INC. US DVA 5,715.44 $396,880.46
23918KAR9 DAVITA INC 5.00000 05/01/2025 US 19,328.34 $18,192.80
2392471 GRUPO BIMBO SAB- SERIES A MX BIMBOA MM 2,743.82 $5,348.03
2434760 MEXICHEM SAB DE CV MX MEXCHEM* MM 4,205.27 $12,149.80
25271C102 DIAMOND OFFSHORE DRILLING US DO 9,821.92 $204,885.16
253868103 DIGITAL REALTY TRUST INC US DLR 271.72 $30,318.97
25470DAT6 DISCOVERY COMMUNICATIONS 5.20000 09/20/2047 US 247,847.18 $240,398.04
2554475 MAGNA INTERNATIONAL INC CA MG CN 79.07 $4,598.53
2583952 METRO INC CA MRU CN 152.89 $5,197.28
26151AAA7 DRAX FINCO PLC 6.62500 11/01/2025 GB 28,182.39 $28,041.48
262006208 DREYFUS GVT CSH MANAGEMENT US 716,580.59 $716,580.59
2639349 GRUPO AEROPORT DEL SURESTE-B MX 652.5 $10,365.59
2643674 GRUPO MEXICO SAB DE CV-SER MX GMEXICOB MM 3,180.68 $9,015.03
26780TAA5 DYNAGAS LNG PARTNERS/FIN 6.25000 10/30/2019 MH 21,669.03 $21,669.03
269246401 ETRADE FINANCIAL CORP US ETFC 3,610.93 $220,844.65
2715777 QUEBECOR INC -CL B CA QBR/B CN 6,520.52 $133,520.21
277276101 EASTGROUP PROPERTIES US EGP 45.29 $4,327.66
2801836 SHAW COMMUNICATIONS INC-B CA SJR/B CN 5,964.82 $121,505.98
285512109 ELECTRONIC ARTS US EA 2,566.74 $361,961.72
2866857 LUNDIN MINING CORP CA LUN CN 21,969.78 $122,161.08
29372EBS6 EFF 2016-2 A2 1.74000 02/22/2022 US 13,774.09 $13,715.86
29372JAB3 EFF 2017-2 A2 1.97000 01/20/2023 US 101,180.62 $100,425.55
294429105 EQUIFAX INC US EFX 2,399.02 $300,140.92
29444U700 EQUINIX INC US EQIX 898.19 $386,124.07
29472R108 EQUITY LIFESTYLE PROPERTIES US ELS 115.9 $10,651.17
29476L107 EQUITY RESIDENTIAL US EQR 373.42 $23,782.81
297178105 ESSEX PROPERTY TRUST INC US ESS 52.45 $12,539.30
302154BV0 EXPORT-IMPORT BANK KOREA 2.62500 12/30/2020 KR 191,795.71 $188,287.20
30225T102 EXTRA SPACE STORAGE INC US EXR 163.1 $16,279.50
30287EAE0 FREMF 2014-K41 B FLT 3.96234 11/25/2047 US 68,342.3 $68,190.36
30291EAE4 FREMF 2013-K712 B FLT 3.47721 05/25/2045 US 74,581.25 $74,749.98
30291HAA5 FREMF 2013-K28 X2A 0.10000 06/25/2046 US 5,978,978.54 $22,008.62
30291XAE2 FREMF 2014-K715 B FLT 4.11938 02/25/2046 US 66,369.53 $67,369.52
30303M102 FACEBOOK INC -A US FB 5,958.01 $1,157,760.05
3128M5VT4 FHLM POOL G03926 6.00000 02/01/2038 US 10,101.7 $11,123.48
3128M6NC8 FHLM POOL G04587 5.50000 08/01/2038 US 27,857.93 $30,108.76
3128M6NS3 FHLM POOL G04601 5.50000 07/01/2038 US 30,854.09 $33,304.71
3128M6SU3 FHLM POOL G04731 5.50000 04/01/2038 US 10,153.1 $10,983.95
3128MJ2U3 FHLM GOLD POOL FG G08786 4.50000 10/01/2047 US 157,382.65 $164,432.83
3128MJJT8 FHLM POOL G08273 5.50000 06/01/2038 US 12,749.87 $13,787.42
3128P75X7 FHLM POOL C91762 4.50000 05/01/2034 US 56,167.67 $58,744.09
3128P76G3 FHLM POOL C91771 4.50000 06/01/2034 US 25,234.65 $26,618.80
3128P76R9 FHLM POOL C91780 4.50000 07/01/2034 US 26,613.95 $27,846.18
3132QQFU1 FHLM POOL Q33778 4.00000 06/01/2045 US 36,612.35 $37,424.50
3132QUNJ8 FHLM POOL Q37592 4.00000 12/01/2045 US 78,544 $80,305.50
3132WF3E7 FHLM POOL Q42596 3.50000 08/01/2046 US 63,719.41 $63,537.00
3132WJX55 FHLM POOL Q45199 4.00000 01/01/2047 US 35,460.3 $36,291.37
3132WJYG0 FHLM POOL Q45210 4.00000 01/01/2047 US 29,862.64 $30,491.03
3132WKQ84 FHLM POOL Q45878 3.00000 12/01/2046 US 115,611.06 $112,066.72
3132XYDL8 FHLM POOL Q55506 4.50000 04/01/2048 US 319,328.87 $332,495.51
3136B1YD0 FNR 2018-31 KP 3.50000 07/25/2047 US 103,929.59 $103,965.52
3137A2B34 FHMS K009 X1 FLT 1.45484 08/25/2020 US 610,380.21 $13,668.49
3137AME78 FHMS K017 X1 FLT 1.48754 12/25/2021 US 861,787.7 $32,390.81
3137ATSC7 FEDERAL NATL MTG ASSN KP01 A2 1.72000 01/25/2019 US 2,290.2 $2,282.21
3137AUPF0 FHMS K021 x1 FLT 1.58997 06/25/2022 US 466,088.48 $22,187.91
3137B3NB0 FHMS K030 X1 FLT 0.31344 04/25/2023 US 2,414,057.47 $20,574.77
3137B4WB8 FHMS K033 A2 3.06000 07/25/2023 US 185,649.8 $185,270.18
3137B5KW2 FHMS K035 A2 3.45800 08/25/2023 US 305,691.28 $310,486.11
3137BT7J4 FHMS KJ10 A2 2.91200 12/25/2023 US 275,919.95 $272,683.44
3137BWVV3 FHMS KJ13 A2 2.86400 08/25/2022 US 184,382.47 $183,204.49
3137F4YU0 FHLM POOL FHR4791 4.00000 03/15/2044 US 134,213.63 $137,513.27
3137FG2L8 FHLM POOL 4801 4.50000 05/15/2044 US 138,978.8 $144,337.51
3138EGE26 FEDERAL NATL MTG ASSN AL0152 6.00000 06/01/2040 US 33,417.66 $36,793.63
3138EGHT4 FEDERAL NATL MTG ASSN AL0241 4.00000 04/01/2041 US 87,137.88 $89,495.09
3138EHR87 FEDERAL NATL MTG ASSN AL1410 4.50000 12/01/2041 US 139,754.59 $146,825.30
3138EHXZ0 FEDERAL NATL MTG ASSN AL1595 6.00000 01/01/2040 US 16,991.53 $18,689.07
3138EP2A1 FEDERAL NATL MTG ASSN AL7068 4.50000 09/01/2042 US 77,834.99 $81,851.73
3138EQST0 FEDERAL NATL MTG ASSN AL7729 4.00000 06/01/2043 US 74,844.01 $76,863.14
3138ETT89 FEDERAL NATL MTG ASSN AL8674 FLT 5.65100 01/01/2049 US 161,486.75 $173,916.06
3138WDRZ6 FEDERAL NATL MTG ASSN AS4103 4.50000 12/01/2044 US 42,037.91 $44,310.10
31403DDX4 FEDERAL NATL MTG ASSN 745418 5.50000 04/01/2036 US 23,532.02 $25,537.86
3140EX2Y8 FEDERAL NATL MTG ASSN BC3490 3.50000 02/01/2046 US 192,847.13 $192,517.45
3140F2QS2 FEDERAL NATL MTG ASSN BC6764 3.50000 04/01/2046 US 57,781.14 $57,682.36
3140F8RB5 FEDERAL NATL MTG ASSN BD1381 3.50000 06/01/2046 US 35,977.25 $35,915.74
3140FPGW3 FEDERAL NATL MTG ASSN BE3812 4.00000 12/01/2046 US 49,225.44 $50,233.70
3140FPGZ6 FEDERAL NATL MTG ASSN BE3815 4.00000 12/01/2046 US 47,507.08 $48,479.53
3140Q7HT7 FEDERAL NATL MTG ASSN FN CA0241 4.00000 08/01/2047 US 270,943.25 $276,760.05
31410GCD3 FEDERAL NATL MTG ASSN 888468 5.50000 09/01/2021 US 15,583.64 $15,946.01
31410GN33 FEDERAL NATL MTG ASSN 888810 5.50000 11/01/2022 US 19,013.16 $19,465.99
31410HAQ4 MACYS RETAIL HLDGS INC 6.90000 04/01/2029 US 112,220.13 $120,520.32
31416BRR1 FEDERAL NATL MTG ASSN 995196 6.00000 07/01/2038 US 44,563.56 $49,108.20
31417YJC2 FEDERAL NATL MTG ASSN MA0258 4.50000 12/01/2039 US 63,623.05 $66,908.18
31418BBC9 FEDERAL NATL MTG ASSN MA1834 4.50000 02/01/2034 US 72,528.2 $75,893.28
31418BDH6 FEDERAL NATL MTG ASSN MA1903 4.50000 05/01/2034 US 25,015.81 $26,177.19
31418CAF1 FEDERAL NATL MTG ASSN FN MA2705 3.00000 08/01/2046 US 106,718.48 $103,536.74
31418CQA5 FEDERAL NATL MTGE ASSN FN MA3148 3.50000 10/01/2047 US 252,573.93 $251,907.22
31418CRE6 FEDERAL NATL MTG ASSN FN MA3184 4.50000 11/01/2047 US 128,506.94 $134,101.18
31418MGR7 FEDERAL NATL MTG ASSN AD0207 6.00000 10/01/2038 US 32,220.97 $35,493.40
31418MKV3 FEDERAL NATL MTG ASSN AD0307 5.50000 01/01/2039 US 20,320.79 $21,998.85
31428X106 FEDEX CORPORATION US FDX 1,412.87 $320,806.65
3163836 INTERTEK GROUP PLC GB ITRK LN 72.41 $5,444.75
3174300 BURBERRY GROUP PLC GB BRBY LN 197.67 $5,617.81
32054K103 FIRST INDUSTRIAL REALTY TR US FR 395.8 $13,196.12
3208986 NEXT PLC GB NXT LN 67.17 $5,346.46
336130AB5 FIRST QUALITY FINANCE CO 5.00000 07/01/2025 US 14,325.98 $13,108.27
345605109 FOREST CITY REALTY TRUST - A US FCE/A 441.48 $10,070.23
35563BAJ9 FREMF 2014-K37 B FLT 4.71377 01/25/2047 US 77,657.43 $80,805.99
35802XAA1 FRESENIUS MED CARE US 6.50000 09/15/2018 US 106,991.28 $107,697.99
35802XAD5 FRESENIUS MED CARE II 5.62500 07/31/2019 US 131,774.95 $134,985.16
36143WAN1 GAHR 2015-NRF BFX FLT 3.49490 12/15/2034 US 169,892.02 $169,837.74
36174X101 GGP INC US GGP 490.33 $10,017.49
36246MAT6 GTP AQUISITION PARTNERS 2.35000 06/15/2020 US 39,658.68 $38,912.77
371559105 GENESEE & WYOMING INC -CL A US GWR 3,238.61 $263,364.08
374297109 GETTY REALTY CORP US GTY 310.98 $8,760.41
37953TAB1 GLOBAL SHIP LEASE INC 9.87500 11/15/2022 MH 26,225.17 $25,897.35
39807UAB2 GREYSTAR REAL ESTATE PAR 5.75000 12/01/2025 US 21,488.97 $20,844.30
400506101 GRUPO AEROPORTUARIO PAC-ADR MX PAC 120.71 $11,215.55
40414L109 HCP INC US HCP 593.12 $15,314.34
4057808 L'OREAL FR OR FP 22.39 $5,519.56
4061412 LVMH MOET HENNESSY LOUIS VUITTON FR MC FP 15.74 $5,224.36
410345AL6 HANESBRANDS INC 4.87500 05/15/2026 US 15,030.54 $14,504.47
4163437 CAP GEMINI FR CAP FP 38.12 $5,109.05
421946104 HEALTHCARE REALTY TRUST INC US HR 376.74 $10,955.66
42225P501 HEALTHCARE TRUST OF AMERICA US HTA 402.85 $10,860.83
431318AQ7 HILCORP ENERGY I/HILCORP 5.75000 10/01/2025 US 14,325.98 $14,290.17
4354134 UNITED INTERNET AG-REG SHARE DE UTDI GR 80.48 $4,594.53
44107P104 HOST MARRIOTT CORP US HST 1,021.41 $21,521.14
444454AD4 HUGHES SATELLITE SYSTEMS 5.25000 08/01/2026 US 35,548.8 $33,327.00
4457624 TRIGANO SA FR TRI FP 90.97 $16,138.31
4497749 KBC GROEP NV BE KBC BB 125.25 $9,619.58
45031UCD1 ISTAR INC 5.25000 09/15/2022 US 16,768.44 $16,233.95
45337C102 INCYTE CORP US INCY 13,237.49 $886,911.86
45378A106 INDEPENDENCE REALTY TRUST IN US IRT 695.98 $7,175.60
45763PAE6 INMARSAT FINANCE PLC 4.87500 05/15/2022 GB 47,056.54 $46,233.05
459745GH2 INTL LEASE FINANCE CORP 6.25000 05/15/2019 US 248,058.57 $254,327.43
46186YAA2 IHSFR 2015-SFR3 A FLT 3.37325 08/17/2032 US 148,346 $148,530.53
46187BAA1 IHSFR 2017-SFR2 A 2.93506 12/17/2036 US 44,885.62 $44,885.56
46187BAB9 IHSFR 2017-SFR2 B 3.23506 12/17/2036 US 32,683.6 $32,873.01
46187W107 INVITATION HOMES INC US INVH 866.46 $19,980.48
46625HHL7 JPMORGAN CHASE & CO 6.30000 04/23/2019 US 347,346.17 $357,116.63
46640BAC8 JPMMT 2013-2 A2 3.50000 05/25/2043 US 44,075.45 $43,373.02
46641YAA1 JPMMT 2014-2 1A1 3.00000 06/25/2029 US 64,957.84 $64,407.25
46647SAJ9 JPMMT 2017-3 1A5 3.50000 08/25/2047 US 140,302.32 $138,647.17
46649HAC6 JPMMT 2017-6 A3 3.50000 12/25/2048 US 53,319.59 $52,269.89
46649HAE2 JPMMT 2017-6 A5 3.50000 12/25/2048 US 168,441.16 $166,348.79
476405105 JERNIGAN CAPITAL INC US JCAP 284.45 $5,421.53
478160104 JOHNSON & JOHNSON US JNJ 3,470.96 $421,166.38
47987LAA9 JONAH NRG LLC/FINANCE 7.25000 10/15/2025 US 29,356.52 $23,705.39
4800659 LUXOTTICA GROUP SPA IT LUX IM 80.48 $5,181.52
4821100 SOLVAY SA BE SOLB BB 152.89 $19,254.63
4824778 SGS SA-REG CH SGSN SW 1.41 $3,744.31
4834108 SCHNEIDER ELECTRIC SA FR SU FP 56.68 $4,713.71
4846288 SAP AG DE SAP GR 44.78 $5,168.24
494550AW6 KINDER MORGAN ENER PART 6.95000 01/15/2038 US 300,923.75 $342,970.43
497864AA6 KISSNER GR HLDG 8.37500 12/01/2022 CA 18,803.83 $19,226.92
500630CK2 KOREA DEVELOPMENT BANK 1.37500 09/12/2019 KR 248,160.5 $243,205.75
50187T106 LGI HOMES INC US LGIH 41.26 $2,381.69
50187TAE6 LGI HOMES INC 6.87500 07/15/2026 US 21,488.97 $21,435.25
50212YAB0 LPL HOLDINGS INC 5.75000 09/15/2025 US 20,784.41 $20,212.84
502160AM6 LSB INDUSTRIES 9.62500 05/01/2023 US 27,438.57 $27,644.36
5048566 SWEDISH MATCH AB SE SWMA SS 106.7 $5,273.36
505742AD8 LADDER CAP FIN LLLP/CORP 5.87500 08/01/2021 US 12,408.02 $12,680.38
5107401 BEIERSDORF AG DE BEI GR 164.79 $18,678.44
512816109 LAMAR ADVERTISING CO US LAMR 108.03 $7,379.67
5129074 FRESENIUS MEDICAL DE FME GR 86.23 $8,682.63
5228658 RANDSTAD HOLDING NV NL RAND NA 378.7 $22,227.86
526057104 LENNAR CORP US LEN 46.5 $2,441.29
5263574 FLSMIDTH & CO A/S DK FLS DC 143.81 $8,580.48
5289837 ERSTE GROUP BANK AG AT EBS AV 237.2 $9,888.89
531172104 LIBERTY PROPERTY TRUST US LPT 427.98 $18,972.31
53223X107 LIFE STORAGE INC US LSI 56.99 $5,545.78
5330047 DASSAULT SYSTEMES SA FR DSY FP 115.27 $16,131.79
5458314 AKZO NOBEL NL AKZA NA 247.18 $21,082.75
5474008 BANKINTER S.A. ES BKT SM 1,260.73 $12,232.84
550021109 LULULEMON - ADR CA LULU 4,853.3 $605,934.88
55354GAF7 MSCI INC 5.37500 05/15/2027 US 13,621.42 $13,621.42
554382101 THE MACERICH CO US MAC 141.62 $8,048.03
5545670 JUNGHEINRICH AG DE JUN3 GR 279.36 $10,327.07
55616XAC1 MACYS RETAIL HLDGS INC 7.00000 02/15/2028 US 111,006.73 $120,508.67
55933JAB0 MAGNACHIP SEMICONDUCTOR 6.62500 07/15/2021 US 21,426.35 $20,725.71
5633616 SOPRA STERIA GROUP FR SOP FP 125.76 $25,588.99
5654781 ATOS ORIGIN SA FR ATO FP 36.21 $4,923.24
5669354 REPSOL SA ES REP SM 812.16 $15,852.61
5671519 WOLTERS KLUWER NL WKL NA 94.8 $5,325.68
5699373 WIENERBERGER AG AT WIE AV 785.42 $19,591.40
5701513 ELISA OYJ FI ELISA FH 113.36 $5,236.73
5713422 METSO OYJ FI METSO FH 539.85 $18,006.70
5727973 SIEMENS AG-REG DE SIE GR 152.89 $20,144.03
57636Q104 MASTERCARD INC-CLASS A US MA 3,478.01 $683,497.81
5852842 ACCOR SA FR AC FP 251.72 $12,328.36
58933Y105 MERCK & CO INC US MRK 4,252.94 $258,153.53
59001ABA9 MERITAGE HOMES CORP 5.12500 06/06/2027 US 19,571.02 $18,201.04
594918104 MICROSOFT CORP US MSFT 6,169.02 $608,327.30
59522J103 MID-AMERICA APARTMENT COMM US MAA 244.21 $24,584.34
5980613 GIVAUDAN - REG CH GIVN SW 1.41 $3,191.40
5999330 TELEPERFORMANCE FR TEP FP 29.04 $5,126.04
6054603 ASAHI KASEI CORP JP 3407 JP 395.33 $5,013.42
6125286 TREND MICRO INC JP 4704 JP 104.9 $5,971.70
6129277 NTT DOCOMO INC JP 9437 JP 209.8 $5,346.24
6136233 HENGAN INTL GROUP CO LTD CN 1044 HK 403.16 $3,867.09
6136749 OBIC CO LTD JP 4684 JP 52.45 $4,333.27
6141680 ORACLE CORP JAPAN JP 4716 JP 66.54 $5,423.47
61744YAG3 MORGAN STANLEY FLT 3.58313 05/08/2024 US 355,017.99 $358,568.17
6180412 COMPUTERSHARE LTD AU CPU AU 390.09 $5,313.98
62426EAA3 MOUNTAIN PROVINCE DIAMON 8.00000 12/15/2022 CA 33,897 $33,769.88
6248990 KDDI CORP JP 9433 JP 185.53 $5,073.39
6250724 DAIKIN INDUSTRIES LTD JP 6367 JP 118.99 $14,221.09
6267058 OTSUKA CORP JP 4768 JP 118.99 $4,658.22
6291819 CHINA PETROLEUM & CHEMICAL - H CN 386 HK 11,053.72 $9,894.37
6356934 FANUC LTD JP 6954 JP 52.45 $10,396.28
637417106 NATIONAL RETAIL PROPERTIES US NNN 188.82 $8,300.58
6390921 NOMURA RESEARCH INSTITUTE LT JP 4307 JP 104.9 $5,075.23
63938CAE8 NAVIENT CORP 7.25000 09/25/2023 US 11,703.47 $12,259.38
64110W102 NETEASE.COM INC- ADR CN NTES 44.97 $11,363.64
6429104 HITACHI LTD FIRST SECTION JP 6501 JP 1,573.51 $11,085.35
6446620 HYUNDAI HEAVY INDUSTRIES KR 009540 KS 45.48 $4,159.43
6451066 HYUNDAI MIPO DOCKYARD KR 010620 KS 58.6 $4,505.14
647581107 NEW ORIENTAL EDUCATIO- SP ADR CN EDU 111.95 $10,596.83
6482903 KANAMOTO CO LTD JP 9678 JP 290.43 $9,170.16
64829DAG1 NRZT 2014-3A AFX3 3.75000 11/25/2054 US 51,275.58 $51,200.96
64829EAA2 NRZT 2015-2A A1 3.75000 08/25/2055 US 70,053.25 $70,195.88
64829LAA6 NRZT 2016-4A A1 3.75000 11/25/2056 US 71,935.68 $72,003.73
6483809 KAO CORP JP 4452 JP 66.54 $5,071.90
6490995 KEYENCE CORP JP 6861 JP 52.45 $29,582.75
6496324 KOITO MANUFACTURINING CO LTD JP 7276 JP 66.54 $4,395.27
6518808 LION CORP JP 4912 JP 566.78 $10,371.03
65409QBB7 NIELSEN FINANCE LLC/CO 5.00000 04/15/2022 US 14,325.98 $14,076.71
6555805 MAKITA CORP JP 6586 JP 104.9 $4,692.53
6619604 NGK SPARK PLUG CO LTD JP 5334 JP 171.44 $4,873.89
6630940 CHINA EVERBRIGHT INTL LTD HK 257 HK 9,480.21 $12,209.37
6640507 NIPPON PAINT HOLDINGS CO LTD JP 4612 JP 118.99 $5,117.26
6641588 NISSAN CHEMICAL INDUSTRIES JP 4021 JP 104.9 $4,886.49
6642387 YAMAHA CORP JP 7951 JP 185.53 $9,628.76
66987V109 NOVARTIS AG- REG CH NVS 7,203.82 $544,176.70
67091GAA1 OCI NV 6.62500 04/15/2023 NL 28,182.39 $28,624.85
6743882 JAPAN EXCHANGE GROUP INC JP 8697 JP 528.42 $9,801.17
6772217 SAMSUNG HEAVY INDUSTRIES KR 010140 KS 716.26 $4,586.60
6776606 SANTEN PHARMACEUTICAL CO LTD JP 4536 JP 290.43 $5,052.51
6791591 SECOM CO LTD JP 9735 JP 52.45 $4,022.10
683235AA3 ONTARIO (PROVINCE OF) 2.00000 09/27/2018 CA 93,580.68 $93,504.88
68323ADY7 ONTARIO (PROVINCE OF) 1.25000 06/17/2019 CA 80,687.3 $79,657.36
6865504 SUZUKI MOTOR CORP JP 7269 JP 237.98 $13,114.84
6895200 TOHO CO LTD JP 9602 JP 133.08 $4,457.49
6897466 TOTO LTD JP 5332 JP 104.9 $4,855.40
69007J106 OUTFRONT MEDIA INC US OUT 333.88 $6,494.00
6913168 GUANGDONG INVESTMENT LTD HK 270 HK 3,147.02 $4,980.59
69145LAA2 OXFORD FIN LLC/CO-ISS II 6.37500 12/15/2022 US 19,571.02 $19,864.58
70014LAC4 PARK AEROSPACE HOLDINGS 4.50000 03/15/2023 KY 20,620.02 $19,584.90
7110902 TECAN GROUP AG-REG CH TECN SW 46.19 $11,209.01
7123870 NESTLE SA-REGISTERED CH NESN SW 273.68 $21,210.53
7145056 ENI SPA IT ENI IM 532.8 $9,878.89
7147892 TEMENOS GROUP AG-REG CH TEMN SW 69.99 $10,524.96
7156036 SONOVA HOLDING AG-REG CH SOON SW 29.04 $5,195.39
71654QCJ9 PETROLEOS MEXICANOS 6.35000 02/12/2048 MX 373,179.89 $336,794.85
71943U104 PHYSICIANS REALTY TRUST US DOC 1,302.84 $20,767.31
7212477 ESSILOR INTERNATIONAL FR EI FP 38.12 $5,375.40
7262610 CREDIT AGRICOLE SA FR ACA FP 690.62 $9,166.32
729640102 PLYMOUTH INDUSTRIAL REIT INC US 146.35 $2,341.63
733174AJ5 POPULAR INC 7.00000 07/01/2019 US 22,115.24 $22,446.97
7339451 ORPEA SA FR ORP FP 123.34 $16,428.23
7380062 AAREAL BANK AG DE ARL GR 226.71 $9,946.08
7380482 COMPAGNIE DE SAINT-GOBAIN FR SGO FP 486.61 $21,676.22
741503AZ9 PRICELINE GROUP INC/THE 3.60000 06/01/2026 US 369,343.98 $359,411.40
74340W103 PROLOGIS US PLD 681.03 $44,737.02
744320AL6 PRUDENTIAL FINANCIAL INC 5.87500 09/15/2042 US 225,849.37 $238,553.40
74460D109 PUBLIC STORAGE INC US PSA 123.96 $28,122.21
74736K101 QORVO INC US QRVO 8,827.71 $707,717.34
758849103 REGENCY CENTERS CORP US REG 177.12 $10,995.47
75886F107 REGENERON PHARMACEUTICALS INC US REGN 2,058.56 $710,182.13
76169C100 REXFORD INDUSTRIAL REALITY IN US REXR 102.79 $3,226.48
77340RAK3 ROCKIES EXPRESS PIPELINE 5.62500 04/15/2020 US 11,703.47 $11,981.42
7759435 ILIAD SA FR ILD FP 44.78 $7,065.39
780259107 ROYAL DUTCH SHELL PLC-ADR B NL RDS/B 290.75 $21,122.78
783513203 RYANAIR HOLDINGS - ADR IE RYAAY 59.81 $6,831.99
78410G104 SBA COMMUNICATIONS CORP US SBAC 704.64 $116,349.35
78442PGC4 SLM CORP 5.12500 04/05/2022 US 18,866.46 $18,772.12
78470RAC1 SOFI 2016-E A2B 2.49000 01/25/2036 US 104,352.17 $102,537.87
78471DAA5 SCLP 2016-1 A 3.26000 08/25/2025 US 57,209.8 $57,086.17
785592AV8 SABINE PASS LIQUEFACTION 5.87500 06/30/2026 US 333,020.18 $357,162.32
80282KAS5 SANTANDER HOLDINGS USA 3.40000 01/18/2023 US 247,847.18 $239,300.11
806857108 SCHLUMBERGER LTD NL SLB 7,609.73 $510,079.86
808513105 CHARLES SCHWAB CORP/THE US SCHW 8,693.61 $444,243.30
81211K100 SEALED AIR CORP US SEE 6,633.17 $281,578.00
812578102 SEATTLE GENETICS INC US SGEN 5,582.17 $370,600.00
81663AAD7 SEMGROUP CORP 6.37500 03/15/2025 US 29,356.52 $27,888.70
81745EAA7 SEMT 2013-8 A1 3.00000 06/25/2043 US 62,032.28 $60,046.57
81745MAA9 SEMT 2013-2 1.87400 02/25/2043 US 52,387.87 $47,059.37
81762P102 SERVICENOW INC US NOW 2,819.64 $486,302.79
81783QAC9 SEVEN GENERATIONS ENERGY 5.37500 09/30/2025 CA 13,457.03 $12,935.57
822538AE4 SHELF DRILL HOLD LTD 8.25000 02/15/2025 KY 16,948.5 $17,075.61
828806109 SIMON PROPERTY GROUP INC US SPG 328.32 $55,877.37
83088M102 SKYWORKS SOLUTIONS INC US SWKS 4,667.06 $451,071.70
83401BAA4 SOFI 2017-F A1FX 2.05000 01/25/2041 US 19,392.13 $19,220.91
83401BAB2 SOFI 2017-F A2FX 2.84000 01/25/2041 US 18,200.96 $17,769.94
83402QAA0 SCLP 2016-2 A 3.09000 10/27/2025 US 48,063.67 $47,977.56
83404FAB0 SOFI 2017-A A2A 1.55000 03/26/2040 US 121,042.97 $120,010.22
83404YAA1 SCLP 2016-5 A 3.06000 09/25/2028 US 58,144.35 $57,905.35
83405DAB4 SOFI 2017-C A2A 1.75000 07/25/2040 US 152,331.85 $151,014.53
83406EAB1 SOFI 2018-A A2A 2.39000 02/25/2042 US 42,211.59 $41,954.22
83714RAZ6 SOUTH CAROLINA ST STUDENT LOAN 2.44000 12/01/2023 US 20,856.04 $20,847.70
84265V105 SOUTHERN COPPER CORPORATION US SCCO 326.25 $15,291.29
845467AL3 SOUTHWESTERN ENERGY CO 6.70000 01/23/2025 US 15,414.13 $15,086.58
852061AK6 SPRINT COMMUNICATIONS 9.00000 11/15/2018 US 6,012.22 $6,132.46
85254J102 STAG INDUSTRIAL INC US STAG 424.65 $11,563.27
85571XAA5 SRPT 2014-STAR A FLTG RATE 3.29325 11/15/2027 US 128,711.65 $128,769.16
866674104 SUN COMMUNITIES US SUI 230.08 $22,519.93
867892101 SUNSTONE HOTEL INVESTORS INC US SHO 790.32 $13,135.07
87243QAB2 TENET HEALTHCARE CORP 6.00000 10/01/2020 US 7,867.55 $8,083.91
874080104 TAL EDUCATION GROUP - ADR CN TAL 134.53 $4,950.75
87470LAA9 TALLGRASS NRG PRTNR/FIN 5.50000 09/15/2024 US 20,377.34 $20,784.89
87677QAA9 TXEZ 2016-1A 3.13100 06/15/2028 US 13,423.63 $13,406.84
87854WAA1 TECHNIPLAS LLC 10.00000 05/01/2020 US 16,948.5 $15,084.16
88032WAG1 TENCENT HOLDINGS LTD 3.59500 01/19/2028 KY 251,683.1 $238,097.24
88146M101 TERRENO REALTY CORP US TRNO 71.32 $2,686.50
88161DAA9 TESLA 2018-A A 2.32000 12/20/2019 US 90,685.78 $90,389.16
882508104 TEXAS INSTRUMENTS INC US TXN 2,157.67 $237,882.74
88650V208 TIER REIT INC US TIER 450.17 $10,705.11
89173CAA5 TPMT 2016-5 A1 2.50000 10/25/2056 US 127,243.88 $124,264.11
89613BAA5 TAH 2013-SFR1 A 2.58900 11/17/2033 US 101,102.07 $97,840.24
89613FAA6 TAH 2017-SFR2 A 2.92800 01/17/2036 US 100,516.66 $96,818.36
896356AE2 TRINIDAD DRILLING LTD 6.62500 02/15/2025 CA 21,387.21 $20,585.19
901109AF5 TUTOR PERINI CORP 6.87500 05/01/2025 US 21,809.94 $21,837.20
902653104 UDR INC US UDR 590.89 $22,181.95
903002103 UMH PROPERTIES INC US UMH 388.64 $5,965.64
904767704 UNILEVER PLC - ADR GB UL 8,151.25 $450,601.34
912796PY9 TREASURY BILL 0.00000 09/06/2018 US 798,104.76 $795,357.62
912810FM5 UNITED STATES TREAS BOND 6.25000 05/15/2030 US 386,973.8 $517,864.66
912810PT9 UNITED STATES TREAS BOND 4.75000 02/15/2037 US 671,747.72 $851,361.52
912810QV3 UNITED STATES TREAS INFL INDEX 0.75000 02/15/2042 US 276,471.77 $269,925.07
912810RK6 US TREASURY N/B 2.50000 02/15/2045 US 479,669.9 $437,342.78
912810RX8 US TREASURY N/B 3.00000 05/15/2047 US 1,116,643.91 $1,119,915.33
9128283W8 US TREASURY N/B 2.75000 02/15/2028 US 538,202.94 $533,598.78
912828D23 US TREASURY N/B 1.62500 04/30/2019 US 1,378,816.07 $1,370,898.64
912828K33 UNITED STATES TREAS INFL INDEX 0.12500 04/15/2020 US 319,310.53 $315,905.73
912828K58 UNITED STATES TREAS NTS 1.37500 04/30/2020 US 1,398,715.78 $1,370,085.82
912828R28 US TREASURY N/B 1.62500 04/30/2023 US 860,343.21 $817,393.26
912828R36 US TREASURY N/B 1.62500 05/15/2026 US 560,678.25 $512,867.29
912828S92 US TREASURY N/B 1.25000 07/31/2023 US 1,014,566.08 $942,793.45
912828UH1 UNITED STATES TREAS INFL INDEX 0.12500 01/15/2023 US 295,012.47 $288,392.59
912828X88 US TREASURY N/B 2.37500 05/15/2027 US 1,091,412.77 $1,051,039.03
912828XQ8 US TREASURY N/B 2.00000 07/31/2022 US 1,481,213.74 $1,441,058.95
91704F104 URBAN EDGE PROPERTIES US UE 835.76 $19,113.85
92276F100 VENTAS INC US VTR 165.92 $9,449.32
92339V100 VEREIT INC US VER 1,139.27 $8,476.16
92343VDV3 VERIZON COMMUNICATIONS 5.50000 03/16/2047 US 334,429.3 $350,435.33
92532F100 VERTEX PHARMACEUTICALS INC US VRTX 1,068.77 $181,648.81
92826C839 VISA INC - CLASS A SHARES US V 3,683.74 $487,911.02
929042109 VORNADO REALTY TRUST US VNO 272.23 $20,123.46
92960PAA7 W/S PACKAGING HOLDINGS 9.00000 04/15/2023 US 19,571.02 $19,815.65
948565AC0 WEEKLEY HOMES LLC/ FINAN 6.00000 02/01/2023 US 12,408.02 $12,082.31
94856TAA2 WEEKLEY HOMES LLC/ FINAN 6.62500 08/15/2025 US 19,328.34 $18,313.60
95040Q104 WELLTOWER INC. US WELL 195.48 $12,254.35
962166104 WEYERHAEUSER CO US WY 208.2 $7,590.84
962178AL3 TRI POINTE HOLDINGS INC 4.37500 06/15/2019 US 14,325.98 $14,400.48
962178AN9 TRI POINTE GROUP / HOMES 5.87500 06/15/2024 US 11,883.52 $11,794.40
96949LAD7 WILLIAMS PARTNERS LP 3.75000 06/15/2027 US 97,306.78 $91,879.63
97651JAE6 WINWATER MORTGAGE LOAN TRUST 3.50000 03/20/2045 US 54,378.35 $54,441.67
97652TAA1 WIN 2015-1 A1 3.50000 01/20/2045 US 63,792.36 $62,682.15
98919V105 ZAYO GROUP HOLDINGS INC US ZAYO 9,485.84 $346,043.55
AP8694550 BOREALIS FINANCE LLC 7.50000 11/16/2022 MH 28,182.39 $27,794.88
B0190C7 TECHTRONIC INDUSTRIES CO LTD HK 669 HK 857.21 $4,760.86
B02J639 ADMIRAL GROUP PLC GB ADM LN 196.26 $4,932.42
B037JC2 NEXITY FR NXI FP 302.84 $19,118.73
B0386J1 JYSKE BANK-REG DK JYSK DC 178.1 $9,734.73
B06JSP1 SYDBANK A/S DK SYDB DC 250.7 $8,594.23
B09DHL9 MTU AERO ENGINES HOLDING AG DE MTX GR 27.63 $5,293.12
B09M9D2 KONE OYJ-B FI KNEBV FH 100.24 $5,096.90
B11TCY0 SCHINDLER HOLDING-PART CERT CH SCHP SW 23.09 $4,958.31
B11ZRK9 LEGRAND SA FR LR FP 189.29 $13,865.03
B138HB7 KAUFMAN & BROAD SA FR KOF FP 364.06 $17,144.23
B13X013 EIFFAGE FR FGR FP 176.18 $19,140.66
B15C557 TOTAL SA FR FP FP 256.26 $15,561.79
B19NLV4 EXPERIAN PLC GB EXPN LN 208.16 $5,134.95
B1CRLC4 MONDI PLC GB MNDI LN 193.83 $5,229.20
B1FW751 GALP ENERGIA SGPS SA PT GALP PL 1,022.59 $19,453.35
B1HDJL2 NATIXIS FR KN FP 2,207.73 $15,620.93
B1KFX13 GRUPO AEROPORTUARIO DEL CENT MX OMAB MM 1,028.65 $5,372.14
B1WGG93 GEBERIT AG-REG CH GEBN SW 33.58 $14,379.41
B1WY233 SMITHS GROUP PLC GB SMIN LN 226.71 $5,064.14
B1XFTL2 HEXAGON AB-B SHS SE HEXAB SS 244.76 $13,600.36
B1XH026 VINCI SA FR DG FP 443.05 $42,528.83
B1Y9TB3 DANONE FR BN FP 205.34 $14,992.35
B1YVKN8 ANTA SPORTS PRODUCTS LTD CN 2020 HK 2,763.43 $14,572.41
B232R05 SK INNOVATION CO LTD KR 096770 KS 55.46 $10,046.16
B249GC0 MATSUMOTOKIYOSHI HOLDINGS CO JP 3088 JP 223.89 $10,046.91
B283W97 CAIXABANK S.A ES CABK SM 4,851.62 $20,882.78
B3FP8W8 CANADA HOUSING TRUST 4.10000 12/15/2018 CA 24,737.76 $19,025.30
B3MPN59 SUN ART RETAIL GROUP LTD HK 6808 HK 4,477.85 $5,841.68
B3MSM28 AMADEUS IT HOLDING SA-A SHS ES AMS SM 67.17 $5,281.57
B3NB1P2 SUNCOR ENERGY INC CA SU CN 274.62 $11,175.75
B3ZD2V9 MEX BONOS DESARR FIX RT 6.50000 06/10/2021 MX 256,176.73 $12,487.49
B4888C1 CANADIAN GOVERNMENT FLT 2.75000 06/01/2022 CA 30,632.54 $23,926.77
B4NDCC9 MEX BONOS DESARR FIX RT 6.50000 06/09/2022 MX 416,651.21 $20,123.62
B4Q2TX3 CHINA LONGYUAN POWER GROUP-H CN 916 HK 24,769.09 $19,897.30
B4R2R50 JULIUS BAER CH BAER SW 569.01 $33,327.64
B4WTBY3 HUANENG RENEWABLES CORP-H CN 958 HK 51,918.02 $17,208.92
B4YN9R2 SINGAPORE GOVERNMENT 2.50000 06/01/2019 SG 54,642.27 $40,357.23
B4YVF56 BRENNTAG AG DE BNR GR 234.07 $13,005.31
B607XS1 VERMILION ENERGY INC CA VET CN 299.63 $10,805.59
B615Y14 MEX BONOS DESARR FIX RT 8.00000 06/11/2020 MX 618,788.39 $31,318.52
B61JC67 TREASURY WINE ESTATES LTD AU TWE AU 1,655.16 $21,265.56
B63QM77 NEXON CO LTD JP 3659 JP 1,159.43 $16,822.66
B6TC406 MEX BONOS DESARR FIX RT 7.75000 05/29/2031 MX 80,186.35 $4,077.10
B7VQL46 FNAC DARTY SA FR FNAC FP 143.61 $13,613.21
BB22L96 KION GROUP AG DE KGX GR 195.75 $14,050.80
BBG00J8JCGT8 BABA US 07/20/18 P185 CN -8.57 -$4,414.64
BBG00KWNZGX9 SCHW US 06/29/18 P51.5 US -23.05 -$461.09
BBG00KZ9KMK4 QRVO US 07/20/18 P75 US -16.1 -$981.81
BBG00KZB2V74 REGN US 07/20/18 C360 US -3.05 -$1,522.63
BBG00KZD4H15 SGEN US 07/20/18 P60 US -20.05 -$801.94
BBG00L3N2DV4 FB US 07/27/18 P180 US -8.71 -$1,455.07
BD4TZK8 OCI NV NL OCI NA 423.99 $11,385.55
BD6K457 COMPASS GROUP PLC GB CPG LN 237.2 $5,056.08
BD82246 EAGLE BULK SHIPCO 8.25000 11/28/2022 MH 76,718.29 $77,869.06
BD97BN2 ATLAS COPCO AB-A SHS SE ATCOA SS 125.25 $3,627.44
BDQZ7T7 WISDOM EDUCATION INTERNATION CN 6068 HK 11,617.36 $10,094.32
BDZV116 EPIROC AB-A SE EPIA SS 1,714.34 $17,989.91
BF955D8 TELENET FINANCE LUX NOTE 5.50000 03/01/2028 LU 76,718.29 $69,813.64
BFMDQ58 REPSOL SA-RTS ES 812.16 $461.04
BFYFZP5 FERGUSON PLC CH FERG LN 63.63 $5,148.37
BFYM460 UNIBAIL-RODAMCO-WESTFIELD FR URW NA 115.59 $25,450.86
BGHQ198 HIBERNIA REIT PLC IE HBRN ID 5,088.51 $8,913.54
BH4TZ73 FU SHOU YUAN INTERNATIONAL CN 1448 HK 14,764.38 $16,616.70
BMMV2K8 TENCENT HOLDINGS LTD CN 700 HK 5,612.97 $281,857.61
BNBNSG0 EURONEXT NV NL ENX FP 369.5 $23,414.45
BNGN9Z1 FINECOBANK SPA IT FBK IM 1,818.03 $20,465.71
BP9DL90 INDUSTRIA DE DISENO TEXTIL ES ITX SM 10,618.77 $361,613.30
BQRRZ00 RECRUIT HOLDINGS CO LTD JP 6098 JP 185.53 $5,124.18
BSBMKM2 CHINA MAPLE LEAF EDUCATIONAL CN 1317 HK 5,041.5 $9,053.13
BVSS790 ELIS SA FR ELIS FP 672.38 $15,376.26
BYM4063 BECLE SAB DE CV MX 3,582.79 $5,163.05
BYPC1T4 ASSA ABLOY AB-B SE ASSAB SS 237.2 $5,031.41
BYQ32R1 NEMAK SAB DE CV MX 15,026.64 $10,327.84
BYWPGC4 CHINA YUHUA EDUCATION CORP L CN 6169 HK 6,857.69 $4,851.70
BYXS699 QIAGEN N.V. NL QIA GR 263.62 $9,556.08
BYY8LS2 MAISONS DU MONDE SA FR MDM FP 260.8 $9,590.77
BYYHL23 ANHEUSER-BUSCH INBEV SA/NV BE ABI BB 7,332.99 $739,643.13
BYZ43T4 EUROBANK ERGASIAS SA GR EUROB GA 9,962.83 $10,359.11
BYZFYS3 SPIE SA FR SPIE FP 954.87 $19,327.72
BYZFZ91 SOPHOS GROUP PLC GB SOPH LN 2,024.27 $17,021.23
BYZWX76 CRODA INTERNATIONAL PLC GB CRDA LN 312.4 $19,736.55
BZ3C3Q4 BANKIA SA ES BKIA SM 3,212.39 $11,979.24
BZCNN35 BANCO COMERCIAL PORTUGUES-R PT BCP PL 26,544.46 $7,937.64
G02602103 AMDOCS LTD GG DOX 358.03 $23,698.16
G06242104 ATLASSIAN CORP PLC-CLASS A AU TEAM 54.06 $3,379.53
G27358103 DESPEGAR.COM CORP AR DESP 156.22 $3,275.85
G3157S106 ENSCO INTERNATIONAL INC US ESV 22,819.08 $165,666.49
G37585AC3 GASLOG LTD 8.87500 03/22/2022 BM 26,734.01 $27,736.53
G5960L103 MEDTRONIC INC IE MDT 7,161.74 $613,116.88
G68707101 PAGSEGURO DIGITAL LTD-CL A BR PAGS 178.61 $4,956.29
G97822103 PERRIGO CO PLC IE PRGO 258.69 $18,861.08
H8817H100 TRANSOCEAN LTD US RIG 20,076.18 $269,823.89
N47279109 INTERXION HOLDING NX NL INXN 400.23 $24,982.20
N72482123 QIAGEN N.V. ADR NL QGEN 184.55 $6,673.50

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.

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

$12.30

Daily $ Change

-$0.01

Daily % Change

-0.08%

as of 07/19/2018

Ticker

MTOKX

CUSIP

56382P393

Inception Date

06/25/2012

Investment Minimum

$2,000.00

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

Important Documents

Summary Prospectus
Prospectus
Statement of Additional Information
Annual Report
Semi-Annual Report
Fact Sheet
Applications & Forms
XBRL-3/20/18

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 27% - 67%.

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.

Target Series Glide Path Overview

Learn more about our Glide Range SM

Performance

As of 06/30/2018

YTD

0.98%

1 Year

5.49%

3 Year

3.87%

5 Year

5.59%

10 Year

---

Inception
(06/25/2012)

7.43%

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 1.36%
Net 0.99%*

*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 06/30/2018

TREASURY NOTES 14.68%
GOVERNMENT AGENCY 6.60%
TREASURY BONDS 5.34%
FACEBOOK INC -A 2.11%
INCYTE CORP 1.62%
BOOKING HOLDINGS INC 1.46%
TREASURY BILLS 1.45%
ANHEUSER-BUSCH INBEV SA/NV 1.35%
REGENERON PHARMACEUTICALS INC 1.30%
QORVO INC 1.29%

Top Ten Investments list is unaudited and excludes cash.

Asset Allocation

As of 06/30/2018

Bonds
54.83%
Stocks
43.88%
Cash
1.29%

Detailed Asset Class Allocation

As of 06/30/2018

International Equities
14.03%
Small Capitalization
0.72%
Mid Capitalization
2.90%
Large Capitalization
26.23%
Long Term Fixed Income
15.68%
Intermediate Term Fixed Income
28.01%
Short Term Fixed Income
11.14%
Cash
1.29%

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

June Fund Holdings

As of 06/30/2018

CUSIP Security Description Country Ticker Shares/Par Market Value (USD)
00163UAB2 AMAG PHARMACEUTICALS INC 7.87500 09/01/2023 US 14,889.63 $15,792.31
00206RDQ2 AT&T INC 4.25000 03/01/2027 US 226,867.05 $222,038.13
00254EML3 SWEDISH EXPORT CREDIT 1.12500 08/28/2019 SE 208,846.06 $205,379.22
00289XAA7 ABENGOA YIELD PLC 7.00000 11/15/2019 GB 28,746.04 $29,752.15
004239109 ACADIA REALTY TRUST US AKR 232.19 $6,355.06
0045614 ANTOFAGASTA PLC GB ANTO LN 1,776.66 $23,082.68
0053673 ASHTEAD GROUP PLC GB AHT LN 682.83 $20,334.31
008492100 AGREE REALTY CORP US ADC 104.39 $5,508.76
00928QAK7 AIRCASTLE LTD 6.25000 12/01/2019 BM 7,867.55 $8,137.64
015271109 ALEXANDRIA REAL EST EQUITIES US ARE 43.17 $5,447.22
01609W102 ALIBABA GROUP - ADR CN BABA 2,288.05 $424,501.69
01609WAT9 ALIBABA GROUP HOLDING 3.40000 12/06/2027 KY 380,851.72 $354,854.13
01748XAA0 ALLEGIANT TRAVEL CO 5.50000 07/15/2019 US 13,840.62 $13,909.83
02005NAT7 ALLY FINANCIAL INC 3.50000 01/27/2019 US 14,325.98 $14,308.07
02079K107 ALPHABET INC-CL C US GOOG 222.87 $248,650.35
02079K305 ALPHABET INC-CL A US GOOGL 222.87 $251,668.08
023135106 AMAZON.COM INC US AMZN 90.18 $153,293.49
02319V103 AMBEV SA-ADR BR ABEV 89,478.43 $414,285.12
0237400 DIAGEO PLC GB DGE LN 14,985.38 $538,362.73
024835100 AMERICAN CAMPUS COMMUNITIES US ACC 261.86 $11,228.57
0263494 BAE SYSTEMS PLC GB BA/ LN 1,278.07 $10,872.90
02665T306 AMERICAN HOMES 4 RENT- A US AMH 995.19 $22,073.23
02666TAA5 AMERICAN HOMES 4 RENT 4.25000 02/15/2028 US 247,847.18 $237,355.33
03027X100 AMERICAN TOWER REIT INC US AMT 809.3 $116,676.92
03064D108 AMERICOLD REALTY TRUST US COLD 187.22 $4,122.50
03748R101 APARTMENT INVT & MGMT CO -A US AIV 385.51 $16,307.07
03784Y200 APPLE HOSPITALITY REIT INC US APLE 499.61 $8,933.01
03969AAL4 ARDAGH PKG FIN/HLDGS USA 6.00000 02/15/2025 IE 28,182.39 $27,442.60
0405207 HALMA PLC GB HLMA LN 572.02 $10,299.99
04621WAC4 ASSURED GUARANTY US HLDG 5.00000 07/01/2024 US 237,122.33 $247,789.28
0490656 KERRY GROUP PLC-A IE KYGA LN 191.91 $20,047.25
053484101 AVALONBAY COMMUNITIES INC US AVB 233.21 $40,086.17
05604LAA0 BWAY 2015-1740 A 2.91700 01/10/2035 US 256,560.32 $243,719.99
058498106 BALL CORP US BLL 12,451.25 $442,641.88
06051GFM6 BANK OF AMERICA CORP 4.00000 01/22/2025 US 364,098.94 $359,421.16
09061G101 BIOMARIN PHARMACEUTICAL INC US BMRN 5,725.46 $539,338.74
09062X103 BIOGEN IDEC INC US BIIB 926.26 $268,836.98
0922320 SMITH & NEPHEW PLC GB SN/ LN 287.42 $5,294.36
09247X101 BLACKROCK INC US BLK 883.67 $440,987.18
0946580 WEIR GROUP PLC/THE GB WEIR LN 1,227.53 $32,237.77
09627J102 BLUEROCK RESIDENTIAL GROWTH US 461.25 $4,114.35
096630AE8 BOARDWALK PIPELINES LP 5.95000 06/01/2026 US 334,429.3 $358,626.64
09857L108 BOOKING HOLDINGS INC US BKNG 393.14 $796,935.74
101121101 BOSTON PROPERTIES INC US BXP 194.77 $24,428.16
105368203 BRANDYWINE REALTY TRUST US BDN 1,306.13 $22,047.49
110122108 BRISTOL MYERS SQUIBB CO US BMY 4,105.85 $227,217.60
110448107 BRITISH AMERICAN TOB-SP ADR GB BTI 274.5 $13,848.69
12467AAD0 C&S GROUP ENTERPRISES 5.37500 07/15/2022 US 21,488.97 $21,059.19
1248EPBR3 CCO HLDGS LLC/CAP CORP 5.50000 05/01/2026 US 11,703.47 $11,348.85
125269100 CF INDUSTRIES HOLDINGS INC US CF 8,734.28 $387,801.82
12592BAB0 CNH INDUSTRIAL CAPITAL L 3.37500 07/15/2019 US 240,175.35 $240,367.49
126307AH0 CSC HOLDINGS LLC 5.25000 06/01/2024 US 26,632.24 $25,167.47
12646XAH5 CSMC 2013-IVR3 A1 2.50000 05/25/2043 US 78,605.15 $73,326.81
12648TAA7 CSMC 2014-IVR3 A1 3.50000 07/25/2044 US 139,713.03 $138,359.63
12770QAA3 CZR 2017-VICI A 3.53100 10/15/2034 US 72,803.84 $72,993.39
13321L108 CAMECO CORP CA CCJ 758.77 $8,536.15
14314JAC4 CARMX 2017-1 A3 1.98000 11/15/2021 US 54,602.88 $54,100.08
14912Y202 CATCHMARK TIMBER TRUST INC US CTT 1,346.84 $17,145.26
156504AH5 CENTURY COMMUNITIES 5.87500 07/15/2025 US 29,575.72 $27,949.06
15672WAJ3 CEQUEL COM HLDG I/CAP CP 7.50000 04/01/2028 US 28,182.39 $28,526.22
16411QAA9 CHENIERE ENERGY PARTNERS 5.25000 10/01/2025 US 19,571.02 $19,090.55
165183AA2 CFII 2016-1A A1 2.11000 03/15/2028 US 14,558.8 $14,505.04
165183AL8 CFII 2017-2A A1 1.99000 05/15/2029 US 262,593.88 $259,908.65
165240102 CHESAPEAKE LODGING TRUST US CHSP 257.32 $8,141.60
172967EW7 CITIGROUP INC 8.12500 07/15/2039 US 244,011.27 $343,232.50
19625JAA1 CAH 2015-1A A 3.24638 07/17/2032 US 47,640.51 $47,618.78
19626G108 COLONY CAPITAL INC US CLNY 1,102.94 $6,882.37
198287203 COLUMBIA PROPERTY TRUST INC US CXP 287.26 $6,523.75
20369C106 COMMUNITY HEALTHCARE TRUST I US CHCT 397.02 $11,858.92
2112226 SAPUTO INC CA SAP CN 156.22 $5,186.80
2162760 CAE INC CA CAE CN 264.84 $5,501.58
21871N101 CORECIVIC INC US CXW 1,118.05 $26,710.29
21987BAK4 CODELCO INC 5.62500 09/21/2035 CL 212,932.51 $237,994.00
222795106 COUSINS PROPERTIES INC US CUZ 2,276.58 $22,060.06
22530LAA4 CAALT 2017-1A A 2.56000 10/15/2025 US 125,434.56 $124,730.28
22663AAA7 ORTHO-CLINICAL DIAGNOSTI 6.62500 05/15/2022 US 15,030.54 $14,692.35
22822V101 CROWN CASTLE INTL CORP US CCI 140.72 $15,171.96
22944PAA5 CSMC 2013-TH1 A1 2.13000 02/25/2043 US 32,433.68 $30,108.38
229663109 CUBESMART US CUBE 488.81 $15,749.32
23311RAC0 DCP MIDSTREAM OPERATING 9.75000 03/15/2019 US 7,867.55 $8,192.09
23331A109 DR HORTON INC US DHI 57.7 $2,365.51
2347608 FIRST QUANTUM MINERALS LTD CA FM CN 240.14 $3,538.16
23918K108 DAVITA INC. US DVA 5,715.44 $396,880.46
23918KAR9 DAVITA INC 5.00000 05/01/2025 US 19,328.34 $18,192.80
2392471 GRUPO BIMBO SAB- SERIES A MX BIMBOA MM 2,743.82 $5,348.03
2434760 MEXICHEM SAB DE CV MX MEXCHEM* MM 4,205.27 $12,149.80
25271C102 DIAMOND OFFSHORE DRILLING US DO 9,821.92 $204,885.16
253868103 DIGITAL REALTY TRUST INC US DLR 271.72 $30,318.97
25470DAT6 DISCOVERY COMMUNICATIONS 5.20000 09/20/2047 US 247,847.18 $240,398.04
2554475 MAGNA INTERNATIONAL INC CA MG CN 79.07 $4,598.53
2583952 METRO INC CA MRU CN 152.89 $5,197.28
26151AAA7 DRAX FINCO PLC 6.62500 11/01/2025 GB 28,182.39 $28,041.48
262006208 DREYFUS GVT CSH MANAGEMENT US 716,580.59 $716,580.59
2639349 GRUPO AEROPORT DEL SURESTE-B MX 652.5 $10,365.59
2643674 GRUPO MEXICO SAB DE CV-SER MX GMEXICOB MM 3,180.68 $9,015.03
26780TAA5 DYNAGAS LNG PARTNERS/FIN 6.25000 10/30/2019 MH 21,669.03 $21,669.03
269246401 ETRADE FINANCIAL CORP US ETFC 3,610.93 $220,844.65
2715777 QUEBECOR INC -CL B CA QBR/B CN 6,520.52 $133,520.21
277276101 EASTGROUP PROPERTIES US EGP 45.29 $4,327.66
2801836 SHAW COMMUNICATIONS INC-B CA SJR/B CN 5,964.82 $121,505.98
285512109 ELECTRONIC ARTS US EA 2,566.74 $361,961.72
2866857 LUNDIN MINING CORP CA LUN CN 21,969.78 $122,161.08
29372EBS6 EFF 2016-2 A2 1.74000 02/22/2022 US 13,774.09 $13,715.86
29372JAB3 EFF 2017-2 A2 1.97000 01/20/2023 US 101,180.62 $100,425.55
294429105 EQUIFAX INC US EFX 2,399.02 $300,140.92
29444U700 EQUINIX INC US EQIX 898.19 $386,124.07
29472R108 EQUITY LIFESTYLE PROPERTIES US ELS 115.9 $10,651.17
29476L107 EQUITY RESIDENTIAL US EQR 373.42 $23,782.81
297178105 ESSEX PROPERTY TRUST INC US ESS 52.45 $12,539.30
302154BV0 EXPORT-IMPORT BANK KOREA 2.62500 12/30/2020 KR 191,795.71 $188,287.20
30225T102 EXTRA SPACE STORAGE INC US EXR 163.1 $16,279.50
30287EAE0 FREMF 2014-K41 B FLT 3.96234 11/25/2047 US 68,342.3 $68,190.36
30291EAE4 FREMF 2013-K712 B FLT 3.47721 05/25/2045 US 74,581.25 $74,749.98
30291HAA5 FREMF 2013-K28 X2A 0.10000 06/25/2046 US 5,978,978.54 $22,008.62
30291XAE2 FREMF 2014-K715 B FLT 4.11938 02/25/2046 US 66,369.53 $67,369.52
30303M102 FACEBOOK INC -A US FB 5,958.01 $1,157,760.05
3128M5VT4 FHLM POOL G03926 6.00000 02/01/2038 US 10,101.7 $11,123.48
3128M6NC8 FHLM POOL G04587 5.50000 08/01/2038 US 27,857.93 $30,108.76
3128M6NS3 FHLM POOL G04601 5.50000 07/01/2038 US 30,854.09 $33,304.71
3128M6SU3 FHLM POOL G04731 5.50000 04/01/2038 US 10,153.1 $10,983.95
3128MJ2U3 FHLM GOLD POOL FG G08786 4.50000 10/01/2047 US 157,382.65 $164,432.83
3128MJJT8 FHLM POOL G08273 5.50000 06/01/2038 US 12,749.87 $13,787.42
3128P75X7 FHLM POOL C91762 4.50000 05/01/2034 US 56,167.67 $58,744.09
3128P76G3 FHLM POOL C91771 4.50000 06/01/2034 US 25,234.65 $26,618.80
3128P76R9 FHLM POOL C91780 4.50000 07/01/2034 US 26,613.95 $27,846.18
3132QQFU1 FHLM POOL Q33778 4.00000 06/01/2045 US 36,612.35 $37,424.50
3132QUNJ8 FHLM POOL Q37592 4.00000 12/01/2045 US 78,544 $80,305.50
3132WF3E7 FHLM POOL Q42596 3.50000 08/01/2046 US 63,719.41 $63,537.00
3132WJX55 FHLM POOL Q45199 4.00000 01/01/2047 US 35,460.3 $36,291.37
3132WJYG0 FHLM POOL Q45210 4.00000 01/01/2047 US 29,862.64 $30,491.03
3132WKQ84 FHLM POOL Q45878 3.00000 12/01/2046 US 115,611.06 $112,066.72
3132XYDL8 FHLM POOL Q55506 4.50000 04/01/2048 US 319,328.87 $332,495.51
3136B1YD0 FNR 2018-31 KP 3.50000 07/25/2047 US 103,929.59 $103,965.52
3137A2B34 FHMS K009 X1 FLT 1.45484 08/25/2020 US 610,380.21 $13,668.49
3137AME78 FHMS K017 X1 FLT 1.48754 12/25/2021 US 861,787.7 $32,390.81
3137ATSC7 FEDERAL NATL MTG ASSN KP01 A2 1.72000 01/25/2019 US 2,290.2 $2,282.21
3137AUPF0 FHMS K021 x1 FLT 1.58997 06/25/2022 US 466,088.48 $22,187.91
3137B3NB0 FHMS K030 X1 FLT 0.31344 04/25/2023 US 2,414,057.47 $20,574.77
3137B4WB8 FHMS K033 A2 3.06000 07/25/2023 US 185,649.8 $185,270.18
3137B5KW2 FHMS K035 A2 3.45800 08/25/2023 US 305,691.28 $310,486.11
3137BT7J4 FHMS KJ10 A2 2.91200 12/25/2023 US 275,919.95 $272,683.44
3137BWVV3 FHMS KJ13 A2 2.86400 08/25/2022 US 184,382.47 $183,204.49
3137F4YU0 FHLM POOL FHR4791 4.00000 03/15/2044 US 134,213.63 $137,513.27
3137FG2L8 FHLM POOL 4801 4.50000 05/15/2044 US 138,978.8 $144,337.51
3138EGE26 FEDERAL NATL MTG ASSN AL0152 6.00000 06/01/2040 US 33,417.66 $36,793.63
3138EGHT4 FEDERAL NATL MTG ASSN AL0241 4.00000 04/01/2041 US 87,137.88 $89,495.09
3138EHR87 FEDERAL NATL MTG ASSN AL1410 4.50000 12/01/2041 US 139,754.59 $146,825.30
3138EHXZ0 FEDERAL NATL MTG ASSN AL1595 6.00000 01/01/2040 US 16,991.53 $18,689.07
3138EP2A1 FEDERAL NATL MTG ASSN AL7068 4.50000 09/01/2042 US 77,834.99 $81,851.73
3138EQST0 FEDERAL NATL MTG ASSN AL7729 4.00000 06/01/2043 US 74,844.01 $76,863.14
3138ETT89 FEDERAL NATL MTG ASSN AL8674 FLT 5.65100 01/01/2049 US 161,486.75 $173,916.06
3138WDRZ6 FEDERAL NATL MTG ASSN AS4103 4.50000 12/01/2044 US 42,037.91 $44,310.10
31403DDX4 FEDERAL NATL MTG ASSN 745418 5.50000 04/01/2036 US 23,532.02 $25,537.86
3140EX2Y8 FEDERAL NATL MTG ASSN BC3490 3.50000 02/01/2046 US 192,847.13 $192,517.45
3140F2QS2 FEDERAL NATL MTG ASSN BC6764 3.50000 04/01/2046 US 57,781.14 $57,682.36
3140F8RB5 FEDERAL NATL MTG ASSN BD1381 3.50000 06/01/2046 US 35,977.25 $35,915.74
3140FPGW3 FEDERAL NATL MTG ASSN BE3812 4.00000 12/01/2046 US 49,225.44 $50,233.70
3140FPGZ6 FEDERAL NATL MTG ASSN BE3815 4.00000 12/01/2046 US 47,507.08 $48,479.53
3140Q7HT7 FEDERAL NATL MTG ASSN FN CA0241 4.00000 08/01/2047 US 270,943.25 $276,760.05
31410GCD3 FEDERAL NATL MTG ASSN 888468 5.50000 09/01/2021 US 15,583.64 $15,946.01
31410GN33 FEDERAL NATL MTG ASSN 888810 5.50000 11/01/2022 US 19,013.16 $19,465.99
31410HAQ4 MACYS RETAIL HLDGS INC 6.90000 04/01/2029 US 112,220.13 $120,520.32
31416BRR1 FEDERAL NATL MTG ASSN 995196 6.00000 07/01/2038 US 44,563.56 $49,108.20
31417YJC2 FEDERAL NATL MTG ASSN MA0258 4.50000 12/01/2039 US 63,623.05 $66,908.18
31418BBC9 FEDERAL NATL MTG ASSN MA1834 4.50000 02/01/2034 US 72,528.2 $75,893.28
31418BDH6 FEDERAL NATL MTG ASSN MA1903 4.50000 05/01/2034 US 25,015.81 $26,177.19
31418CAF1 FEDERAL NATL MTG ASSN FN MA2705 3.00000 08/01/2046 US 106,718.48 $103,536.74
31418CQA5 FEDERAL NATL MTGE ASSN FN MA3148 3.50000 10/01/2047 US 252,573.93 $251,907.22
31418CRE6 FEDERAL NATL MTG ASSN FN MA3184 4.50000 11/01/2047 US 128,506.94 $134,101.18
31418MGR7 FEDERAL NATL MTG ASSN AD0207 6.00000 10/01/2038 US 32,220.97 $35,493.40
31418MKV3 FEDERAL NATL MTG ASSN AD0307 5.50000 01/01/2039 US 20,320.79 $21,998.85
31428X106 FEDEX CORPORATION US FDX 1,412.87 $320,806.65
3163836 INTERTEK GROUP PLC GB ITRK LN 72.41 $5,444.75
3174300 BURBERRY GROUP PLC GB BRBY LN 197.67 $5,617.81
32054K103 FIRST INDUSTRIAL REALTY TR US FR 395.8 $13,196.12
3208986 NEXT PLC GB NXT LN 67.17 $5,346.46
336130AB5 FIRST QUALITY FINANCE CO 5.00000 07/01/2025 US 14,325.98 $13,108.27
345605109 FOREST CITY REALTY TRUST - A US FCE/A 441.48 $10,070.23
35563BAJ9 FREMF 2014-K37 B FLT 4.71377 01/25/2047 US 77,657.43 $80,805.99
35802XAA1 FRESENIUS MED CARE US 6.50000 09/15/2018 US 106,991.28 $107,697.99
35802XAD5 FRESENIUS MED CARE II 5.62500 07/31/2019 US 131,774.95 $134,985.16
36143WAN1 GAHR 2015-NRF BFX FLT 3.49490 12/15/2034 US 169,892.02 $169,837.74
36174X101 GGP INC US GGP 490.33 $10,017.49
36246MAT6 GTP AQUISITION PARTNERS 2.35000 06/15/2020 US 39,658.68 $38,912.77
371559105 GENESEE & WYOMING INC -CL A US GWR 3,238.61 $263,364.08
374297109 GETTY REALTY CORP US GTY 310.98 $8,760.41
37953TAB1 GLOBAL SHIP LEASE INC 9.87500 11/15/2022 MH 26,225.17 $25,897.35
39807UAB2 GREYSTAR REAL ESTATE PAR 5.75000 12/01/2025 US 21,488.97 $20,844.30
400506101 GRUPO AEROPORTUARIO PAC-ADR MX PAC 120.71 $11,215.55
40414L109 HCP INC US HCP 593.12 $15,314.34
4057808 L'OREAL FR OR FP 22.39 $5,519.56
4061412 LVMH MOET HENNESSY LOUIS VUITTON FR MC FP 15.74 $5,224.36
410345AL6 HANESBRANDS INC 4.87500 05/15/2026 US 15,030.54 $14,504.47
4163437 CAP GEMINI FR CAP FP 38.12 $5,109.05
421946104 HEALTHCARE REALTY TRUST INC US HR 376.74 $10,955.66
42225P501 HEALTHCARE TRUST OF AMERICA US HTA 402.85 $10,860.83
431318AQ7 HILCORP ENERGY I/HILCORP 5.75000 10/01/2025 US 14,325.98 $14,290.17
4354134 UNITED INTERNET AG-REG SHARE DE UTDI GR 80.48 $4,594.53
44107P104 HOST MARRIOTT CORP US HST 1,021.41 $21,521.14
444454AD4 HUGHES SATELLITE SYSTEMS 5.25000 08/01/2026 US 35,548.8 $33,327.00
4457624 TRIGANO SA FR TRI FP 90.97 $16,138.31
4497749 KBC GROEP NV BE KBC BB 125.25 $9,619.58
45031UCD1 ISTAR INC 5.25000 09/15/2022 US 16,768.44 $16,233.95
45337C102 INCYTE CORP US INCY 13,237.49 $886,911.86
45378A106 INDEPENDENCE REALTY TRUST IN US IRT 695.98 $7,175.60
45763PAE6 INMARSAT FINANCE PLC 4.87500 05/15/2022 GB 47,056.54 $46,233.05
459745GH2 INTL LEASE FINANCE CORP 6.25000 05/15/2019 US 248,058.57 $254,327.43
46186YAA2 IHSFR 2015-SFR3 A FLT 3.37325 08/17/2032 US 148,346 $148,530.53
46187BAA1 IHSFR 2017-SFR2 A 2.93506 12/17/2036 US 44,885.62 $44,885.56
46187BAB9 IHSFR 2017-SFR2 B 3.23506 12/17/2036 US 32,683.6 $32,873.01
46187W107 INVITATION HOMES INC US INVH 866.46 $19,980.48
46625HHL7 JPMORGAN CHASE & CO 6.30000 04/23/2019 US 347,346.17 $357,116.63
46640BAC8 JPMMT 2013-2 A2 3.50000 05/25/2043 US 44,075.45 $43,373.02
46641YAA1 JPMMT 2014-2 1A1 3.00000 06/25/2029 US 64,957.84 $64,407.25
46647SAJ9 JPMMT 2017-3 1A5 3.50000 08/25/2047 US 140,302.32 $138,647.17
46649HAC6 JPMMT 2017-6 A3 3.50000 12/25/2048 US 53,319.59 $52,269.89
46649HAE2 JPMMT 2017-6 A5 3.50000 12/25/2048 US 168,441.16 $166,348.79
476405105 JERNIGAN CAPITAL INC US JCAP 284.45 $5,421.53
478160104 JOHNSON & JOHNSON US JNJ 3,470.96 $421,166.38
47987LAA9 JONAH NRG LLC/FINANCE 7.25000 10/15/2025 US 29,356.52 $23,705.39
4800659 LUXOTTICA GROUP SPA IT LUX IM 80.48 $5,181.52
4821100 SOLVAY SA BE SOLB BB 152.89 $19,254.63
4824778 SGS SA-REG CH SGSN SW 1.41 $3,744.31
4834108 SCHNEIDER ELECTRIC SA FR SU FP 56.68 $4,713.71
4846288 SAP AG DE SAP GR 44.78 $5,168.24
494550AW6 KINDER MORGAN ENER PART 6.95000 01/15/2038 US 300,923.75 $342,970.43
497864AA6 KISSNER GR HLDG 8.37500 12/01/2022 CA 18,803.83 $19,226.92
500630CK2 KOREA DEVELOPMENT BANK 1.37500 09/12/2019 KR 248,160.5 $243,205.75
50187T106 LGI HOMES INC US LGIH 41.26 $2,381.69
50187TAE6 LGI HOMES INC 6.87500 07/15/2026 US 21,488.97 $21,435.25
50212YAB0 LPL HOLDINGS INC 5.75000 09/15/2025 US 20,784.41 $20,212.84
502160AM6 LSB INDUSTRIES 9.62500 05/01/2023 US 27,438.57 $27,644.36
5048566 SWEDISH MATCH AB SE SWMA SS 106.7 $5,273.36
505742AD8 LADDER CAP FIN LLLP/CORP 5.87500 08/01/2021 US 12,408.02 $12,680.38
5107401 BEIERSDORF AG DE BEI GR 164.79 $18,678.44
512816109 LAMAR ADVERTISING CO US LAMR 108.03 $7,379.67
5129074 FRESENIUS MEDICAL DE FME GR 86.23 $8,682.63
5228658 RANDSTAD HOLDING NV NL RAND NA 378.7 $22,227.86
526057104 LENNAR CORP US LEN 46.5 $2,441.29
5263574 FLSMIDTH & CO A/S DK FLS DC 143.81 $8,580.48
5289837 ERSTE GROUP BANK AG AT EBS AV 237.2 $9,888.89
531172104 LIBERTY PROPERTY TRUST US LPT 427.98 $18,972.31
53223X107 LIFE STORAGE INC US LSI 56.99 $5,545.78
5330047 DASSAULT SYSTEMES SA FR DSY FP 115.27 $16,131.79
5458314 AKZO NOBEL NL AKZA NA 247.18 $21,082.75
5474008 BANKINTER S.A. ES BKT SM 1,260.73 $12,232.84
550021109 LULULEMON - ADR CA LULU 4,853.3 $605,934.88
55354GAF7 MSCI INC 5.37500 05/15/2027 US 13,621.42 $13,621.42
554382101 THE MACERICH CO US MAC 141.62 $8,048.03
5545670 JUNGHEINRICH AG DE JUN3 GR 279.36 $10,327.07
55616XAC1 MACYS RETAIL HLDGS INC 7.00000 02/15/2028 US 111,006.73 $120,508.67
55933JAB0 MAGNACHIP SEMICONDUCTOR 6.62500 07/15/2021 US 21,426.35 $20,725.71
5633616 SOPRA STERIA GROUP FR SOP FP 125.76 $25,588.99
5654781 ATOS ORIGIN SA FR ATO FP 36.21 $4,923.24
5669354 REPSOL SA ES REP SM 812.16 $15,852.61
5671519 WOLTERS KLUWER NL WKL NA 94.8 $5,325.68
5699373 WIENERBERGER AG AT WIE AV 785.42 $19,591.40
5701513 ELISA OYJ FI ELISA FH 113.36 $5,236.73
5713422 METSO OYJ FI METSO FH 539.85 $18,006.70
5727973 SIEMENS AG-REG DE SIE GR 152.89 $20,144.03
57636Q104 MASTERCARD INC-CLASS A US MA 3,478.01 $683,497.81
5852842 ACCOR SA FR AC FP 251.72 $12,328.36
58933Y105 MERCK & CO INC US MRK 4,252.94 $258,153.53
59001ABA9 MERITAGE HOMES CORP 5.12500 06/06/2027 US 19,571.02 $18,201.04
594918104 MICROSOFT CORP US MSFT 6,169.02 $608,327.30
59522J103 MID-AMERICA APARTMENT COMM US MAA 244.21 $24,584.34
5980613 GIVAUDAN - REG CH GIVN SW 1.41 $3,191.40
5999330 TELEPERFORMANCE FR TEP FP 29.04 $5,126.04
6054603 ASAHI KASEI CORP JP 3407 JP 395.33 $5,013.42
6125286 TREND MICRO INC JP 4704 JP 104.9 $5,971.70
6129277 NTT DOCOMO INC JP 9437 JP 209.8 $5,346.24
6136233 HENGAN INTL GROUP CO LTD CN 1044 HK 403.16 $3,867.09
6136749 OBIC CO LTD JP 4684 JP 52.45 $4,333.27
6141680 ORACLE CORP JAPAN JP 4716 JP 66.54 $5,423.47
61744YAG3 MORGAN STANLEY FLT 3.58313 05/08/2024 US 355,017.99 $358,568.17
6180412 COMPUTERSHARE LTD AU CPU AU 390.09 $5,313.98
62426EAA3 MOUNTAIN PROVINCE DIAMON 8.00000 12/15/2022 CA 33,897 $33,769.88
6248990 KDDI CORP JP 9433 JP 185.53 $5,073.39
6250724 DAIKIN INDUSTRIES LTD JP 6367 JP 118.99 $14,221.09
6267058 OTSUKA CORP JP 4768 JP 118.99 $4,658.22
6291819 CHINA PETROLEUM & CHEMICAL - H CN 386 HK 11,053.72 $9,894.37
6356934 FANUC LTD JP 6954 JP 52.45 $10,396.28
637417106 NATIONAL RETAIL PROPERTIES US NNN 188.82 $8,300.58
6390921 NOMURA RESEARCH INSTITUTE LT JP 4307 JP 104.9 $5,075.23
63938CAE8 NAVIENT CORP 7.25000 09/25/2023 US 11,703.47 $12,259.38
64110W102 NETEASE.COM INC- ADR CN NTES 44.97 $11,363.64
6429104 HITACHI LTD FIRST SECTION JP 6501 JP 1,573.51 $11,085.35
6446620 HYUNDAI HEAVY INDUSTRIES KR 009540 KS 45.48 $4,159.43
6451066 HYUNDAI MIPO DOCKYARD KR 010620 KS 58.6 $4,505.14
647581107 NEW ORIENTAL EDUCATIO- SP ADR CN EDU 111.95 $10,596.83
6482903 KANAMOTO CO LTD JP 9678 JP 290.43 $9,170.16
64829DAG1 NRZT 2014-3A AFX3 3.75000 11/25/2054 US 51,275.58 $51,200.96
64829EAA2 NRZT 2015-2A A1 3.75000 08/25/2055 US 70,053.25 $70,195.88
64829LAA6 NRZT 2016-4A A1 3.75000 11/25/2056 US 71,935.68 $72,003.73
6483809 KAO CORP JP 4452 JP 66.54 $5,071.90
6490995 KEYENCE CORP JP 6861 JP 52.45 $29,582.75
6496324 KOITO MANUFACTURINING CO LTD JP 7276 JP 66.54 $4,395.27
6518808 LION CORP JP 4912 JP 566.78 $10,371.03
65409QBB7 NIELSEN FINANCE LLC/CO 5.00000 04/15/2022 US 14,325.98 $14,076.71
6555805 MAKITA CORP JP 6586 JP 104.9 $4,692.53
6619604 NGK SPARK PLUG CO LTD JP 5334 JP 171.44 $4,873.89
6630940 CHINA EVERBRIGHT INTL LTD HK 257 HK 9,480.21 $12,209.37
6640507 NIPPON PAINT HOLDINGS CO LTD JP 4612 JP 118.99 $5,117.26
6641588 NISSAN CHEMICAL INDUSTRIES JP 4021 JP 104.9 $4,886.49
6642387 YAMAHA CORP JP 7951 JP 185.53 $9,628.76
66987V109 NOVARTIS AG- REG CH NVS 7,203.82 $544,176.70
67091GAA1 OCI NV 6.62500 04/15/2023 NL 28,182.39 $28,624.85
6743882 JAPAN EXCHANGE GROUP INC JP 8697 JP 528.42 $9,801.17
6772217 SAMSUNG HEAVY INDUSTRIES KR 010140 KS 716.26 $4,586.60
6776606 SANTEN PHARMACEUTICAL CO LTD JP 4536 JP 290.43 $5,052.51
6791591 SECOM CO LTD JP 9735 JP 52.45 $4,022.10
683235AA3 ONTARIO (PROVINCE OF) 2.00000 09/27/2018 CA 93,580.68 $93,504.88
68323ADY7 ONTARIO (PROVINCE OF) 1.25000 06/17/2019 CA 80,687.3 $79,657.36
6865504 SUZUKI MOTOR CORP JP 7269 JP 237.98 $13,114.84
6895200 TOHO CO LTD JP 9602 JP 133.08 $4,457.49
6897466 TOTO LTD JP 5332 JP 104.9 $4,855.40
69007J106 OUTFRONT MEDIA INC US OUT 333.88 $6,494.00
6913168 GUANGDONG INVESTMENT LTD HK 270 HK 3,147.02 $4,980.59
69145LAA2 OXFORD FIN LLC/CO-ISS II 6.37500 12/15/2022 US 19,571.02 $19,864.58
70014LAC4 PARK AEROSPACE HOLDINGS 4.50000 03/15/2023 KY 20,620.02 $19,584.90
7110902 TECAN GROUP AG-REG CH TECN SW 46.19 $11,209.01
7123870 NESTLE SA-REGISTERED CH NESN SW 273.68 $21,210.53
7145056 ENI SPA IT ENI IM 532.8 $9,878.89
7147892 TEMENOS GROUP AG-REG CH TEMN SW 69.99 $10,524.96
7156036 SONOVA HOLDING AG-REG CH SOON SW 29.04 $5,195.39
71654QCJ9 PETROLEOS MEXICANOS 6.35000 02/12/2048 MX 373,179.89 $336,794.85
71943U104 PHYSICIANS REALTY TRUST US DOC 1,302.84 $20,767.31
7212477 ESSILOR INTERNATIONAL FR EI FP 38.12 $5,375.40
7262610 CREDIT AGRICOLE SA FR ACA FP 690.62 $9,166.32
729640102 PLYMOUTH INDUSTRIAL REIT INC US 146.35 $2,341.63
733174AJ5 POPULAR INC 7.00000 07/01/2019 US 22,115.24 $22,446.97
7339451 ORPEA SA FR ORP FP 123.34 $16,428.23
7380062 AAREAL BANK AG DE ARL GR 226.71 $9,946.08
7380482 COMPAGNIE DE SAINT-GOBAIN FR SGO FP 486.61 $21,676.22
741503AZ9 PRICELINE GROUP INC/THE 3.60000 06/01/2026 US 369,343.98 $359,411.40
74340W103 PROLOGIS US PLD 681.03 $44,737.02
744320AL6 PRUDENTIAL FINANCIAL INC 5.87500 09/15/2042 US 225,849.37 $238,553.40
74460D109 PUBLIC STORAGE INC US PSA 123.96 $28,122.21
74736K101 QORVO INC US QRVO 8,827.71 $707,717.34
758849103 REGENCY CENTERS CORP US REG 177.12 $10,995.47
75886F107 REGENERON PHARMACEUTICALS INC US REGN 2,058.56 $710,182.13
76169C100 REXFORD INDUSTRIAL REALITY IN US REXR 102.79 $3,226.48
77340RAK3 ROCKIES EXPRESS PIPELINE 5.62500 04/15/2020 US 11,703.47 $11,981.42
7759435 ILIAD SA FR ILD FP 44.78 $7,065.39
780259107 ROYAL DUTCH SHELL PLC-ADR B NL RDS/B 290.75 $21,122.78
783513203 RYANAIR HOLDINGS - ADR IE RYAAY 59.81 $6,831.99
78410G104 SBA COMMUNICATIONS CORP US SBAC 704.64 $116,349.35
78442PGC4 SLM CORP 5.12500 04/05/2022 US 18,866.46 $18,772.12
78470RAC1 SOFI 2016-E A2B 2.49000 01/25/2036 US 104,352.17 $102,537.87
78471DAA5 SCLP 2016-1 A 3.26000 08/25/2025 US 57,209.8 $57,086.17
785592AV8 SABINE PASS LIQUEFACTION 5.87500 06/30/2026 US 333,020.18 $357,162.32
80282KAS5 SANTANDER HOLDINGS USA 3.40000 01/18/2023 US 247,847.18 $239,300.11
806857108 SCHLUMBERGER LTD NL SLB 7,609.73 $510,079.86
808513105 CHARLES SCHWAB CORP/THE US SCHW 8,693.61 $444,243.30
81211K100 SEALED AIR CORP US SEE 6,633.17 $281,578.00
812578102 SEATTLE GENETICS INC US SGEN 5,582.17 $370,600.00
81663AAD7 SEMGROUP CORP 6.37500 03/15/2025 US 29,356.52 $27,888.70
81745EAA7 SEMT 2013-8 A1 3.00000 06/25/2043 US 62,032.28 $60,046.57
81745MAA9 SEMT 2013-2 1.87400 02/25/2043 US 52,387.87 $47,059.37
81762P102 SERVICENOW INC US NOW 2,819.64 $486,302.79
81783QAC9 SEVEN GENERATIONS ENERGY 5.37500 09/30/2025 CA 13,457.03 $12,935.57
822538AE4 SHELF DRILL HOLD LTD 8.25000 02/15/2025 KY 16,948.5 $17,075.61
828806109 SIMON PROPERTY GROUP INC US SPG 328.32 $55,877.37
83088M102 SKYWORKS SOLUTIONS INC US SWKS 4,667.06 $451,071.70
83401BAA4 SOFI 2017-F A1FX 2.05000 01/25/2041 US 19,392.13 $19,220.91
83401BAB2 SOFI 2017-F A2FX 2.84000 01/25/2041 US 18,200.96 $17,769.94
83402QAA0 SCLP 2016-2 A 3.09000 10/27/2025 US 48,063.67 $47,977.56
83404FAB0 SOFI 2017-A A2A 1.55000 03/26/2040 US 121,042.97 $120,010.22
83404YAA1 SCLP 2016-5 A 3.06000 09/25/2028 US 58,144.35 $57,905.35
83405DAB4 SOFI 2017-C A2A 1.75000 07/25/2040 US 152,331.85 $151,014.53
83406EAB1 SOFI 2018-A A2A 2.39000 02/25/2042 US 42,211.59 $41,954.22
83714RAZ6 SOUTH CAROLINA ST STUDENT LOAN 2.44000 12/01/2023 US 20,856.04 $20,847.70
84265V105 SOUTHERN COPPER CORPORATION US SCCO 326.25 $15,291.29
845467AL3 SOUTHWESTERN ENERGY CO 6.70000 01/23/2025 US 15,414.13 $15,086.58
852061AK6 SPRINT COMMUNICATIONS 9.00000 11/15/2018 US 6,012.22 $6,132.46
85254J102 STAG INDUSTRIAL INC US STAG 424.65 $11,563.27
85571XAA5 SRPT 2014-STAR A FLTG RATE 3.29325 11/15/2027 US 128,711.65 $128,769.16
866674104 SUN COMMUNITIES US SUI 230.08 $22,519.93
867892101 SUNSTONE HOTEL INVESTORS INC US SHO 790.32 $13,135.07
87243QAB2 TENET HEALTHCARE CORP 6.00000 10/01/2020 US 7,867.55 $8,083.91
874080104 TAL EDUCATION GROUP - ADR CN TAL 134.53 $4,950.75
87470LAA9 TALLGRASS NRG PRTNR/FIN 5.50000 09/15/2024 US 20,377.34 $20,784.89
87677QAA9 TXEZ 2016-1A 3.13100 06/15/2028 US 13,423.63 $13,406.84
87854WAA1 TECHNIPLAS LLC 10.00000 05/01/2020 US 16,948.5 $15,084.16
88032WAG1 TENCENT HOLDINGS LTD 3.59500 01/19/2028 KY 251,683.1 $238,097.24
88146M101 TERRENO REALTY CORP US TRNO 71.32 $2,686.50
88161DAA9 TESLA 2018-A A 2.32000 12/20/2019 US 90,685.78 $90,389.16
882508104 TEXAS INSTRUMENTS INC US TXN 2,157.67 $237,882.74
88650V208 TIER REIT INC US TIER 450.17 $10,705.11
89173CAA5 TPMT 2016-5 A1 2.50000 10/25/2056 US 127,243.88 $124,264.11
89613BAA5 TAH 2013-SFR1 A 2.58900 11/17/2033 US 101,102.07 $97,840.24
89613FAA6 TAH 2017-SFR2 A 2.92800 01/17/2036 US 100,516.66 $96,818.36
896356AE2 TRINIDAD DRILLING LTD 6.62500 02/15/2025 CA 21,387.21 $20,585.19
901109AF5 TUTOR PERINI CORP 6.87500 05/01/2025 US 21,809.94 $21,837.20
902653104 UDR INC US UDR 590.89 $22,181.95
903002103 UMH PROPERTIES INC US UMH 388.64 $5,965.64
904767704 UNILEVER PLC - ADR GB UL 8,151.25 $450,601.34
912796PY9 TREASURY BILL 0.00000 09/06/2018 US 798,104.76 $795,357.62
912810FM5 UNITED STATES TREAS BOND 6.25000 05/15/2030 US 386,973.8 $517,864.66
912810PT9 UNITED STATES TREAS BOND 4.75000 02/15/2037 US 671,747.72 $851,361.52
912810QV3 UNITED STATES TREAS INFL INDEX 0.75000 02/15/2042 US 276,471.77 $269,925.07
912810RK6 US TREASURY N/B 2.50000 02/15/2045 US 479,669.9 $437,342.78
912810RX8 US TREASURY N/B 3.00000 05/15/2047 US 1,116,643.91 $1,119,915.33
9128283W8 US TREASURY N/B 2.75000 02/15/2028 US 538,202.94 $533,598.78
912828D23 US TREASURY N/B 1.62500 04/30/2019 US 1,378,816.07 $1,370,898.64
912828K33 UNITED STATES TREAS INFL INDEX 0.12500 04/15/2020 US 319,310.53 $315,905.73
912828K58 UNITED STATES TREAS NTS 1.37500 04/30/2020 US 1,398,715.78 $1,370,085.82
912828R28 US TREASURY N/B 1.62500 04/30/2023 US 860,343.21 $817,393.26
912828R36 US TREASURY N/B 1.62500 05/15/2026 US 560,678.25 $512,867.29
912828S92 US TREASURY N/B 1.25000 07/31/2023 US 1,014,566.08 $942,793.45
912828UH1 UNITED STATES TREAS INFL INDEX 0.12500 01/15/2023 US 295,012.47 $288,392.59
912828X88 US TREASURY N/B 2.37500 05/15/2027 US 1,091,412.77 $1,051,039.03
912828XQ8 US TREASURY N/B 2.00000 07/31/2022 US 1,481,213.74 $1,441,058.95
91704F104 URBAN EDGE PROPERTIES US UE 835.76 $19,113.85
92276F100 VENTAS INC US VTR 165.92 $9,449.32
92339V100 VEREIT INC US VER 1,139.27 $8,476.16
92343VDV3 VERIZON COMMUNICATIONS 5.50000 03/16/2047 US 334,429.3 $350,435.33
92532F100 VERTEX PHARMACEUTICALS INC US VRTX 1,068.77 $181,648.81
92826C839 VISA INC - CLASS A SHARES US V 3,683.74 $487,911.02
929042109 VORNADO REALTY TRUST US VNO 272.23 $20,123.46
92960PAA7 W/S PACKAGING HOLDINGS 9.00000 04/15/2023 US 19,571.02 $19,815.65
948565AC0 WEEKLEY HOMES LLC/ FINAN 6.00000 02/01/2023 US 12,408.02 $12,082.31
94856TAA2 WEEKLEY HOMES LLC/ FINAN 6.62500 08/15/2025 US 19,328.34 $18,313.60
95040Q104 WELLTOWER INC. US WELL 195.48 $12,254.35
962166104 WEYERHAEUSER CO US WY 208.2 $7,590.84
962178AL3 TRI POINTE HOLDINGS INC 4.37500 06/15/2019 US 14,325.98 $14,400.48
962178AN9 TRI POINTE GROUP / HOMES 5.87500 06/15/2024 US 11,883.52 $11,794.40
96949LAD7 WILLIAMS PARTNERS LP 3.75000 06/15/2027 US 97,306.78 $91,879.63
97651JAE6 WINWATER MORTGAGE LOAN TRUST 3.50000 03/20/2045 US 54,378.35 $54,441.67
97652TAA1 WIN 2015-1 A1 3.50000 01/20/2045 US 63,792.36 $62,682.15
98919V105 ZAYO GROUP HOLDINGS INC US ZAYO 9,485.84 $346,043.55
AP8694550 BOREALIS FINANCE LLC 7.50000 11/16/2022 MH 28,182.39 $27,794.88
B0190C7 TECHTRONIC INDUSTRIES CO LTD HK 669 HK 857.21 $4,760.86
B02J639 ADMIRAL GROUP PLC GB ADM LN 196.26 $4,932.42
B037JC2 NEXITY FR NXI FP 302.84 $19,118.73
B0386J1 JYSKE BANK-REG DK JYSK DC 178.1 $9,734.73
B06JSP1 SYDBANK A/S DK SYDB DC 250.7 $8,594.23
B09DHL9 MTU AERO ENGINES HOLDING AG DE MTX GR 27.63 $5,293.12
B09M9D2 KONE OYJ-B FI KNEBV FH 100.24 $5,096.90
B11TCY0 SCHINDLER HOLDING-PART CERT CH SCHP SW 23.09 $4,958.31
B11ZRK9 LEGRAND SA FR LR FP 189.29 $13,865.03
B138HB7 KAUFMAN & BROAD SA FR KOF FP 364.06 $17,144.23
B13X013 EIFFAGE FR FGR FP 176.18 $19,140.66
B15C557 TOTAL SA FR FP FP 256.26 $15,561.79
B19NLV4 EXPERIAN PLC GB EXPN LN 208.16 $5,134.95
B1CRLC4 MONDI PLC GB MNDI LN 193.83 $5,229.20
B1FW751 GALP ENERGIA SGPS SA PT GALP PL 1,022.59 $19,453.35
B1HDJL2 NATIXIS FR KN FP 2,207.73 $15,620.93
B1KFX13 GRUPO AEROPORTUARIO DEL CENT MX OMAB MM 1,028.65 $5,372.14
B1WGG93 GEBERIT AG-REG CH GEBN SW 33.58 $14,379.41
B1WY233 SMITHS GROUP PLC GB SMIN LN 226.71 $5,064.14
B1XFTL2 HEXAGON AB-B SHS SE HEXAB SS 244.76 $13,600.36
B1XH026 VINCI SA FR DG FP 443.05 $42,528.83
B1Y9TB3 DANONE FR BN FP 205.34 $14,992.35
B1YVKN8 ANTA SPORTS PRODUCTS LTD CN 2020 HK 2,763.43 $14,572.41
B232R05 SK INNOVATION CO LTD KR 096770 KS 55.46 $10,046.16
B249GC0 MATSUMOTOKIYOSHI HOLDINGS CO JP 3088 JP 223.89 $10,046.91
B283W97 CAIXABANK S.A ES CABK SM 4,851.62 $20,882.78
B3FP8W8 CANADA HOUSING TRUST 4.10000 12/15/2018 CA 24,737.76 $19,025.30
B3MPN59 SUN ART RETAIL GROUP LTD HK 6808 HK 4,477.85 $5,841.68
B3MSM28 AMADEUS IT HOLDING SA-A SHS ES AMS SM 67.17 $5,281.57
B3NB1P2 SUNCOR ENERGY INC CA SU CN 274.62 $11,175.75
B3ZD2V9 MEX BONOS DESARR FIX RT 6.50000 06/10/2021 MX 256,176.73 $12,487.49
B4888C1 CANADIAN GOVERNMENT FLT 2.75000 06/01/2022 CA 30,632.54 $23,926.77
B4NDCC9 MEX BONOS DESARR FIX RT 6.50000 06/09/2022 MX 416,651.21 $20,123.62
B4Q2TX3 CHINA LONGYUAN POWER GROUP-H CN 916 HK 24,769.09 $19,897.30
B4R2R50 JULIUS BAER CH BAER SW 569.01 $33,327.64
B4WTBY3 HUANENG RENEWABLES CORP-H CN 958 HK 51,918.02 $17,208.92
B4YN9R2 SINGAPORE GOVERNMENT 2.50000 06/01/2019 SG 54,642.27 $40,357.23
B4YVF56 BRENNTAG AG DE BNR GR 234.07 $13,005.31
B607XS1 VERMILION ENERGY INC CA VET CN 299.63 $10,805.59
B615Y14 MEX BONOS DESARR FIX RT 8.00000 06/11/2020 MX 618,788.39 $31,318.52
B61JC67 TREASURY WINE ESTATES LTD AU TWE AU 1,655.16 $21,265.56
B63QM77 NEXON CO LTD JP 3659 JP 1,159.43 $16,822.66
B6TC406 MEX BONOS DESARR FIX RT 7.75000 05/29/2031 MX 80,186.35 $4,077.10
B7VQL46 FNAC DARTY SA FR FNAC FP 143.61 $13,613.21
BB22L96 KION GROUP AG DE KGX GR 195.75 $14,050.80
BBG00J8JCGT8 BABA US 07/20/18 P185 CN -8.57 -$4,414.64
BBG00KWNZGX9 SCHW US 06/29/18 P51.5 US -23.05 -$461.09
BBG00KZ9KMK4 QRVO US 07/20/18 P75 US -16.1 -$981.81
BBG00KZB2V74 REGN US 07/20/18 C360 US -3.05 -$1,522.63
BBG00KZD4H15 SGEN US 07/20/18 P60 US -20.05 -$801.94
BBG00L3N2DV4 FB US 07/27/18 P180 US -8.71 -$1,455.07
BD4TZK8 OCI NV NL OCI NA 423.99 $11,385.55
BD6K457 COMPASS GROUP PLC GB CPG LN 237.2 $5,056.08
BD82246 EAGLE BULK SHIPCO 8.25000 11/28/2022 MH 76,718.29 $77,869.06
BD97BN2 ATLAS COPCO AB-A SHS SE ATCOA SS 125.25 $3,627.44
BDQZ7T7 WISDOM EDUCATION INTERNATION CN 6068 HK 11,617.36 $10,094.32
BDZV116 EPIROC AB-A SE EPIA SS 1,714.34 $17,989.91
BF955D8 TELENET FINANCE LUX NOTE 5.50000 03/01/2028 LU 76,718.29 $69,813.64
BFMDQ58 REPSOL SA-RTS ES 812.16 $461.04
BFYFZP5 FERGUSON PLC CH FERG LN 63.63 $5,148.37
BFYM460 UNIBAIL-RODAMCO-WESTFIELD FR URW NA 115.59 $25,450.86
BGHQ198 HIBERNIA REIT PLC IE HBRN ID 5,088.51 $8,913.54
BH4TZ73 FU SHOU YUAN INTERNATIONAL CN 1448 HK 14,764.38 $16,616.70
BMMV2K8 TENCENT HOLDINGS LTD CN 700 HK 5,612.97 $281,857.61
BNBNSG0 EURONEXT NV NL ENX FP 369.5 $23,414.45
BNGN9Z1 FINECOBANK SPA IT FBK IM 1,818.03 $20,465.71
BP9DL90 INDUSTRIA DE DISENO TEXTIL ES ITX SM 10,618.77 $361,613.30
BQRRZ00 RECRUIT HOLDINGS CO LTD JP 6098 JP 185.53 $5,124.18
BSBMKM2 CHINA MAPLE LEAF EDUCATIONAL CN 1317 HK 5,041.5 $9,053.13
BVSS790 ELIS SA FR ELIS FP 672.38 $15,376.26
BYM4063 BECLE SAB DE CV MX 3,582.79 $5,163.05
BYPC1T4 ASSA ABLOY AB-B SE ASSAB SS 237.2 $5,031.41
BYQ32R1 NEMAK SAB DE CV MX 15,026.64 $10,327.84
BYWPGC4 CHINA YUHUA EDUCATION CORP L CN 6169 HK 6,857.69 $4,851.70
BYXS699 QIAGEN N.V. NL QIA GR 263.62 $9,556.08
BYY8LS2 MAISONS DU MONDE SA FR MDM FP 260.8 $9,590.77
BYYHL23 ANHEUSER-BUSCH INBEV SA/NV BE ABI BB 7,332.99 $739,643.13
BYZ43T4 EUROBANK ERGASIAS SA GR EUROB GA 9,962.83 $10,359.11
BYZFYS3 SPIE SA FR SPIE FP 954.87 $19,327.72
BYZFZ91 SOPHOS GROUP PLC GB SOPH LN 2,024.27 $17,021.23
BYZWX76 CRODA INTERNATIONAL PLC GB CRDA LN 312.4 $19,736.55
BZ3C3Q4 BANKIA SA ES BKIA SM 3,212.39 $11,979.24
BZCNN35 BANCO COMERCIAL PORTUGUES-R PT BCP PL 26,544.46 $7,937.64
G02602103 AMDOCS LTD GG DOX 358.03 $23,698.16
G06242104 ATLASSIAN CORP PLC-CLASS A AU TEAM 54.06 $3,379.53
G27358103 DESPEGAR.COM CORP AR DESP 156.22 $3,275.85
G3157S106 ENSCO INTERNATIONAL INC US ESV 22,819.08 $165,666.49
G37585AC3 GASLOG LTD 8.87500 03/22/2022 BM 26,734.01 $27,736.53
G5960L103 MEDTRONIC INC IE MDT 7,161.74 $613,116.88
G68707101 PAGSEGURO DIGITAL LTD-CL A BR PAGS 178.61 $4,956.29
G97822103 PERRIGO CO PLC IE PRGO 258.69 $18,861.08
H8817H100 TRANSOCEAN LTD US RIG 20,076.18 $269,823.89
N47279109 INTERXION HOLDING NX NL INXN 400.23 $24,982.20
N72482123 QIAGEN N.V. ADR NL QGEN 184.55 $6,673.50

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 K Distribution History
  • 2018 Distribution Calendar
  • Fourth Quarter 2017 Distributions
  • Third Quarter 2017 Distributions
  • Second Quarter 2018 Distributions
  • First Quarter 2018 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...