PMC Core Fixed Income Fund
Schedule of Investments
November 30, 2022 (Unaudited)
			Principal
			Amount		Value
ASSET BACKED SECURITIES - 9.29%
37 Capital CLO I
2021-1, 5.279% (3 Month LIBOR USD + 1.200%), 10/15/2034 (b)(c)		$	1,000,000	$	966,890
AM Capital Funding LLC
2018-1, 4.980%, 12/15/2023 (b)			760,000		748,831
Amur Equipment Finance Receivables XI LLC
2022-2A, 5.300%, 06/21/2028 (b)			255,000		252,478
Angel Oak Mortgage Trust
2021-3, 1.068%, 05/25/2066 (b)(d)			680,938		532,362
Aqua Finance Trust 2021-A
2021-A, 1.540%, 07/17/2046 (b)			532,949		485,641
Avis Budget Rental Car Funding AESOP LLC
2020-2A B, 2.960%, 02/20/2027 (b)			567,000		508,389
2021-2A A, 1.660%, 02/20/2028 (b)			1,592,000		1,367,989
2021-2A B, 1.900%, 02/20/2028 (b)			495,000		417,954
Beacon Container Finance II LLC
2021-1A, 2.250%, 10/22/2046 (b)			946,950		800,806
BlueMountain CLO Ltd.
2013-2R, 5.505% (3 Month LIBOR USD + 1.180%), 10/22/2030 (b)(c)			362,743		356,844
Cedar Funding VI CLO Ltd.
2016-6A, 5.293% (3 Month LIBOR USD + 1.050%), 04/20/2034 (b)(c)			1,480,000		1,427,547
Crown Castle Towers LLC
4.241%, 07/15/2048 (b)			439,000		399,234
Dryden 75 CLO Ltd.
2019-75R2, 5.119% (3 Month LIBOR USD + 1.040%), 04/15/2034 (b)(c)			850,000		819,609
Fort Washington CLO Ltd.
2021-2A, 5.463% (3 Month LIBOR USD + 1.220%), 10/20/2034 (b)(c)			2,000,000		1,939,922
GCAT Trust
2019-NQM3, 2.686%, 11/25/2059 (b)(d)			117,125		108,891
2021-NQM5, 1.262%, 07/25/2066 (b)(d)			897,554		696,347
JPMorgan Chase Bank NA - CACLN
2021-3, 0.760%, 02/26/2029 (b)			1,078,712		1,013,310
Madison Park Funding XXVI Ltd.
2007-26, 5.615% (3 Month LIBOR USD + 1.200%), 07/29/2030 (b)(c)			2,295,000		2,259,930
Magnetite XXIII Ltd.
2019-23R, 5.488% (3 Month LIBOR USD + 1.130%), 01/25/2035 (b)(c)			1,000,000		969,548
MetroNet Infrastructure Issuer LLC
2022-1A, 6.350%, 10/20/2052 (b)			693,000		661,994
MVW 2021-1W LLC
2021-1W, 1.440%, 01/22/2041 (b)			347,678		315,322
MVW 2021-2 LLC
2021-2A A, 1.430%, 05/20/2039 (b)			811,351		716,931
2021-2A B, 1.830%, 05/20/2039 (b)			661,972		593,972
MVW 2022-1 LLC
2022-1, 4.400%, 11/21/2039 (b)			295,876		288,902
Navient Private Education Refi Loan Trust
2021-B, 0.940%, 07/15/2069 (b)			953,477		804,777
2021-C, 1.060%, 10/15/2069 (b)			607,371		524,507
2021-E, 0.970%, 12/16/2069 (b)			1,440,737		1,190,242
Navient Student Loan Trust
2019-7, 4.544% (1 Month LIBOR USD + 0.500%), 01/25/2068 (b)(c)			168,869		168,589
PFS Financing Corp.
2021-B, 0.770%, 08/15/2026 (b)			1,890,000		1,733,031
Prestige Auto Receivables Trust
2021-1, 1.530%, 02/15/2028 (b)			599,000		549,325
RASC Trust
2005-KS12, 4.734% (1 Month LIBOR USD + 0.460%), 01/25/2036 (c)			78,994		78,429
SBA Tower Trust
2020-1-2, 2.328%, 01/15/2028 (b)			618,000		517,004
2021-3, 2.593%, 10/15/2031 (b)			1,243,000		965,355
Sierra Timeshare Receivables Funding LLC
2019-2, 2.590%, 05/20/2036 (b)			349,125		335,858
2020-2, 3.510%, 07/20/2037 (b)			405,796		382,355
2021-2, 1.350%, 09/20/2038 (b)			309,494		285,472
Starwood Mortgage Residential Trust
2021-3, 1.127%, 06/25/2056 (b)(d)			573,889		461,001
2021-6, 1.920%, 11/25/2066 (b)(d)			909,197		734,059
Taco Bell Funding LLC
2021-1, 1.946%, 08/25/2051 (b)			1,384,020		1,171,354
Thayer Park CLO Ltd.
2017-R, 5.283% (3 Month LIBOR USD + 1.040%), 04/20/2034 (b)(c)			500,000		485,085
Towd Point Mortgage Trust
2017-5, 4.644% (1 Month LIBOR USD + 0.600%), 02/25/2057 (b)(c)			181,118		178,276
2017-2 A1, 2.750%, 04/25/2057 (b)(d)			11,704		11,543
2017-2 A2, 3.250%, 04/25/2057 (b)(d)			351,000		336,963
2017-4, 2.750%, 06/25/2057 (b)(d)			105,715		100,346
2017-3, 2.750%, 07/25/2057 (b)(d)			119,056		115,988
2022-4, 3.750%, 09/25/2062 (b)			899,395		837,290
TRESTLES CLO Ltd.
2017-1, 5.348% (3 Month LIBOR USD + 0.990%), 04/25/2032 (b)(c)			500,000		488,198
TRESTLES CLO V Ltd.
2021-5, 5.413% (3 Month LIBOR USD + 1.170%), 10/20/2034 (b)(c)			1,000,000		970,294
United Airlines Pass Through Trust
2020-1, 5.875%, 10/15/2027			1,070,969		1,058,980
Vantage Data Centers Issuer LLC
2019-1, 3.188%, 07/15/2044 (b)			1,273,230		1,199,734
2021-1, 2.165%, 10/15/2046 (b)			1,078,000		910,801
Verus Securitization Trust
2021-3, 1.046%, 06/25/2066 (b)(d)			750,219		607,166
2021-6, 1.630%, 10/25/2066 (b)(d)			1,183,200		935,368
Voya CLO Ltd.
2014-2A, 5.099% (3 Month LIBOR USD + 1.020%), 04/17/2030 (b)(c)			1,659,379		1,633,426
TOTAL ASSET BACKED SECURITIES (Cost $42,317,918)					38,420,459
CORPORATE BONDS - 37.19%
Accommodation - 0.07%
Wyndham Hotels & Resorts, Inc.
4.375%, 08/15/2028 (b)			165,000		147,706
Wynn Las Vegas LLC
5.500%, 03/01/2025 (b)			125,000		120,429
					268,135
Administrative and Support Services - 1.03%
ASGN, Inc.
4.625%, 05/15/2028 (b)			350,000		312,954
Booking Holdings, Inc.
3.550%, 03/15/2028			1,097,000		1,028,580
Korn Ferry
4.625%, 12/15/2027 (b)			100,000		91,584
Live Nation Entertainment, Inc.
4.750%, 10/15/2027 (b)			145,000		129,190
PayPal Holdings, Inc.
2.400%, 10/01/2024			1,110,000		1,063,401
Visa, Inc.
2.800%, 12/14/2022			1,639,000		1,638,231
					4,263,940
Air Transportation - 0.24%
Mileage Plus Holdings LLC / Mileage Plus Intellectual Property Assets Ltd.
6.500%, 06/20/2027 (b)			190,000		189,286
Southwest Airlines Co.
5.250%, 05/04/2025			800,000		804,111
					993,397
Ambulatory Health Care Services - 0.04%
Acadia Healthcare Co, Inc.
5.000%, 04/15/2029 (b)			195,000		180,207
Beverage and Tobacco Product Manufacturing - 1.77%
Anheuser-Busch InBev Worldwide, Inc.
4.700%, 02/01/2036			1,435,000		1,365,600
4.350%, 06/01/2040			1,006,000		906,119
4.600%, 04/15/2048			720,000		651,204
4.750%, 04/15/2058			510,000		464,597
5.800%, 01/23/2059			400,000		419,551
Philip Morris International, Inc.
3.125%, 08/17/2027 (f)			2,654,000		2,452,043
5.750%, 11/17/2032			1,045,000		1,063,920
					7,323,034
Broadcasting (except Internet) - 1.85%
CCO Holdings LLC / CCO Holdings Capital Corp.
4.250%, 02/01/2031 (b)			298,000		242,393
Charter Communications Operating LLC / Charter Communications Operating Capital
5.250%, 04/01/2053			665,000		532,367
Comcast Corp.
3.150%, 02/15/2028			405,000		376,277
4.150%, 10/15/2028			1,708,000		1,655,647
CSC Holdings LLC
4.625%, 12/01/2030 (b)(f)			435,000		276,552
3.375%, 02/15/2031 (b)			264,000		191,928
Discovery Communications LLC
2.950%, 03/20/2023 (f)			566,000		562,269
DISH DBS Corp.
5.875%, 11/15/2024			110,000		103,410
Fox Corp.
5.576%, 01/25/2049			770,000		686,402
Magallanes, Inc.
5.050%, 03/15/2042 (b)			1,545,000		1,223,868
5.141%, 03/15/2052 (b)			845,000		646,057
Paramount Global
4.200%, 05/19/2032 (f)			970,000		802,891
Sirius XM Radio, Inc.
4.125%, 07/01/2030 (b)			415,000		348,571
					7,648,632
Building Material and Garden Equipment and Supplies Dealers - 0.62%
Home Depot, Inc.
2.700%, 04/01/2023 (f)			1,202,000		1,194,254
4.500%, 09/15/2032 (f)			655,000		648,479
4.950%, 09/15/2052 (f)			715,000		701,626
					2,544,359
Chemical Manufacturing - 1.50%
AbbVie, Inc.
4.050%, 11/21/2039			270,000		233,748
4.700%, 05/14/2045			710,000		648,705
4.250%, 11/21/2049			485,000		412,595
Biogen, Inc.
2.250%, 05/01/2030			2,894,000		2,383,000
Bristol-Myers Squibb Co.
2.950%, 03/15/2032			785,000		691,277
3.550%, 03/15/2042			300,000		249,111
Merck & Co, Inc.
2.750%, 12/10/2051 (f)			615,000		424,490
Roche Holdings, Inc.
2.607%, 12/13/2051 (b)(f)			615,000		409,570
Viatris, Inc.
4.000%, 06/22/2050			1,140,000		738,570
					6,191,066
Computer and Electronic Product Manufacturing - 2.55%
Apple, Inc.
1.800%, 09/11/2024			2,818,000		2,693,530
Broadcom, Inc.
4.926%, 05/15/2037 (b)			705,000		615,454
Dell International LLC / EMC Corp.
5.450%, 06/15/2023			289,000		289,151
6.200%, 07/15/2030			1,140,000		1,171,772
ILLUMINA, Inc.
5.750%, 12/13/2027			670,000		674,036
Intel Corp.
3.750%, 03/25/2027			1,144,000		1,112,546
Marvell Technology, Inc.
2.950%, 04/15/2031			2,035,000		1,658,936
Microchip Technology, Inc.
4.333%, 06/01/2023			690,000		687,145
QUALCOMM, Inc.
6.000%, 05/20/2053			1,515,000		1,639,538
					10,542,108
Construction of Buildings - 0.03%
Shea Homes LP / Shea Homes Funding Corp.
4.750%, 02/15/2028			150,000		129,259
Credit Intermediation and Related Activities - 5.75%
Bank of America Corp.
3.875%, 08/01/2025 (f)			1,591,000		1,568,328
3.559% to 04/23/2026, then 3 Month LIBOR USD + 1.060%, 04/23/2027 (a)(f)			1,610,000		1,517,884
3.705% to 04/24/2027, then 3 Month LIBOR USD + 1.512%, 04/24/2028 (a)			660,000		614,094
3.970% to 03/05/2028, then 3 Month LIBOR USD + 1.070%, 03/05/2029 (a)			630,000		584,711
2.884% to 10/22/2029, then 3 Month LIBOR USD + 1.190%, 10/22/2030 (a)			743,000		631,074
2.496% to 02/13/2030, then 3 Month LIBOR USD + 0.990%, 02/13/2031 (a)			785,000		643,922
4.571% to 04/27/2032, then SOFR + 1.830%, 04/27/2033 (a)			725,000		673,827
Citigroup, Inc.
3.200%, 10/21/2026			1,115,000		1,040,919
4.300%, 11/20/2026			890,000		867,547
1.122% to 01/28/2026, then SOFR + 0.765%, 01/28/2027 (a)			1,610,000		1,403,627
3.887% to 01/10/2027, then 3 Month LIBOR USD + 1.563%, 01/10/2028 (a)			835,000		784,337
3.520% to 10/27/2027, then 3 Month LIBOR USD + 1.151%, 10/27/2028 (a)			455,000		415,960
2.976% to 11/05/2029, then SOFR + 1.422%, 11/05/2030 (a)			495,000		421,432
Ford Motor Credit Co. LLC
5.113%, 05/03/2029 (f)			310,000		285,065
General Motors Financial Co., Inc.
5.100%, 01/17/2024			370,000		368,786
3.600%, 06/21/2030			700,000		598,777
GSK Consumer Healthcare Capital US LLC
3.375%, 03/24/2029			920,000		835,213
3.625%, 03/24/2032			1,040,000		911,889
JPMorgan Chase & Co.
2.700%, 05/18/2023			480,000		475,781
2.950%, 10/01/2026			1,658,000		1,562,848
2.580% to 04/22/2031, then SOFR + 1.250%, 04/22/2032 (a)			1,535,000		1,241,411
OneMain Finance Corp.
3.500%, 01/15/2027 (f)			255,000		209,147
Synchrony Financial
2.875%, 10/28/2031			920,000		689,378
Wells Fargo & Co.
2.406% to 10/30/2024, then SOFR + 1.087%, 10/30/2025 (a)			900,000		848,095
2.393% to 06/02/2027, then SOFR + 2.100%, 06/02/2028 (a)			1,020,000		901,350
4.150%, 01/24/2029			1,563,000		1,471,667
2.572% to 02/11/2030, then SOFR + 1.262%, 02/11/2031 (a)			1,045,000		872,879
4.897% to 07/25/2032, then SOFR + 2.100%, 07/25/2033 (a)			1,025,000		984,362
5.013% to 04/04/2050, then SOFR + 4.502%, 04/04/2051 (a)			365,000		341,380
					23,765,690
Electrical Equipment, Appliance, and Component Manufacturing - 0.05%
Energizer Holdings, Inc.
4.375%, 03/31/2029 (b)			250,000		213,059
Electronics and Appliance Stores - 0.02%
AMC Networks, Inc.
4.250%, 02/15/2029 (f)			100,000		73,994
Food Manufacturing - 0.03%
Post Holdings, Inc.
4.625%, 04/15/2030 (b)			150,000		129,893
Food Services and Drinking Places - 0.54%
Aramark Services, Inc.
5.000%, 02/01/2028 (b)			235,000		219,858
McDonald's Corp.
3.500%, 07/01/2027 (f)			1,622,000		1,548,416
Starbucks Corp.
2.550%, 11/15/2030			530,000		452,031
					2,220,305
General Merchandise Stores - 0.28%
Walmart, Inc.
2.350%, 12/15/2022			1,142,000		1,141,337
Health and Personal Care Stores - 0.11%
CVS Health Corp.
4.125%, 04/01/2040			560,000		471,985
Hospitals - 0.24%
HCA, Inc.
5.250%, 06/15/2049			870,000		758,023
Tenet Healthcare Corp.
6.125%, 10/01/2028 (b)(f)			265,000		233,942
					991,965
Insurance Carriers and Related Activities - 1.43%
Berkshire Hathaway, Inc.
2.750%, 03/15/2023			2,543,000		2,531,423
Cigna Corp.
3.200%, 03/15/2040			690,000		529,185
Equitable Holdings, Inc.
5.000%, 04/20/2048			545,000		472,206
MetLife, Inc.
6.500%, 12/15/2032			2,137,000		2,357,654
					5,890,468
Machinery Manufacturing - 0.25%
Deere & Co.
5.375%, 10/16/2029			983,000		1,030,159
Management of Companies and Enterprises - 0.31%
Abbott Laboratories
3.400%, 11/30/2023			1,128,000		1,111,782
Park Intermediate Holdings LLC / PK Domestic Property LLC
5.875%, 10/01/2028 (b)			195,000		180,843
					1,292,625
Merchant Wholesalers, Durable Goods - 0.51%
CDW LLC / CDW Finance Corp.
2.670%, 12/01/2026			328,000		291,324
3.276%, 12/01/2028			1,915,000		1,613,043
3.569%, 12/01/2031			265,000		216,539
					2,120,906
Merchant Wholesalers, Nondurable Goods - 0.43%
Energy Transfer LP
3.600%, 02/01/2023			600,000		598,131
Performance Food Group, Inc.
5.500%, 10/15/2027 (b)			90,000		87,178
Sysco Corp.
6.600%, 04/01/2050			764,000		847,164
Univar Solutions USA, Inc.
5.125%, 12/01/2027 (b)			250,000		239,551
					1,772,024
Nonstore Retailers - 0.72%
Amazon.com, Inc.
3.800%, 12/05/2024			1,637,000		1,611,690
eBay, Inc.
2.600%, 05/10/2031 (f)			1,680,000		1,371,966
					2,983,656
Oil and Gas Extraction - 0.92%
CQP Holdco LP / BIP-V Chinook Holdco LLC
5.500%, 06/15/2031 (b)			315,000		284,645
Dominion Energy, Inc.
4.350%, 08/15/2032 (f)			1,415,000		1,327,237
Occidental Petroleum Corp.
4.300%, 08/15/2039			260,000		211,042
Phillips 66
1.300%, 02/15/2026			1,290,000		1,157,524
Pioneer Natural Resources Co.
2.150%, 01/15/2031			997,000		803,918
					3,784,366
Other Information Services - 0.16%
Meta Platforms, Inc.
4.450%, 08/15/2052 (b)			815,000		664,421
Petroleum and Coal Products Manufacturing - 0.19%
Marathon Petroleum Corp.
4.700%, 05/01/2025			775,000		768,282
Pipeline Transportation - 0.89%
Antero Midstream Partners LP / Antero Midstream Finance Corp.
5.375%, 06/15/2029 (b)			225,000		207,823
Buckeye Partners LP
3.950%, 12/01/2026			75,000		66,308
DT Midstream, Inc.
4.125%, 06/15/2029 (b)			125,000		110,283
Energy Transfer LP
6.625% to 02/15/2028, then 3 Month LIBOR USD + 4.155% (a)(h)			785,000		574,031
7.125% to 05/15/2030, then 5 Year CMT Rate + 5.306% (a)(h)			1,055,000		888,837
EQM Midstream Partners LP
5.500%, 07/15/2028			350,000		324,730
MPLX LP
4.700%, 04/15/2048			815,000		656,110
Plains All American Pipeline LP / PAA Finance Corp.
4.650%, 10/15/2025			780,000		767,815
Tallgrass Energy Partners LP / Tallgrass Energy Finance Corp.
6.000%, 09/01/2031 (b)			110,000		98,236
					3,694,173
Plastics and Rubber Products Manufacturing - 0.03%
Goodyear Tire & Rubber Co.
5.250%, 04/30/2031			125,000		107,096
Professional, Scientific, and Technical Services - 0.38%
Presidio Holdings, Inc.
4.875%, 02/01/2027 (b)			120,000		112,176
ServiceNow, Inc.
1.400%, 09/01/2030			1,894,000		1,461,674
					1,573,850
Publishing Industries (except Internet) - 1.33%
Microsoft Corp.
3.125%, 11/03/2025			2,676,000		2,600,787
Oracle Corp.
2.875%, 03/25/2031			1,045,000		872,979
4.000%, 07/15/2046			615,000		452,441
6.900%, 11/09/2052			1,240,000		1,363,471
Ziff Davis, Inc.
4.625%, 10/15/2030 (b)			255,000		221,759
					5,511,437
Real Estate - 0.63%
Public Storage
2.300%, 05/01/2031			2,787,000		2,301,026
RHP Hotel Properties LP / RHP Finance Corp.
4.750%, 10/15/2027			140,000		128,058
Uniti Group LP / Uniti Fiber Holdings Inc / CSL Capital LLC
7.875%, 02/15/2025 (b)			190,000		191,112
					2,620,196
Rental and Leasing Services - 0.17%
Air Lease Corp.
2.300%, 02/01/2025			655,000		609,621
Harsco Corp.
5.750%, 07/31/2027 (b)			110,000		89,009
					698,630
Securities, Commodity Contracts, and Other Financial Investments and Related Activities - 4.28%
BAT Capital Corp.
3.222%, 08/15/2024			222,000		213,884
3.557%, 08/15/2027			220,000		200,526
3.734%, 09/25/2040			665,000		462,474
Charles Schwab Corp.
2.300%, 05/13/2031			1,725,000		1,422,215
CME Group, Inc.
3.000%, 03/15/2025			1,085,000		1,049,605
CommScope, Inc.
8.250%, 03/01/2027 (b)(f)			377,000		324,220
Goldman Sachs Group, Inc.
3.850%, 01/26/2027			1,375,000		1,320,179
3.800%, 03/15/2030			1,450,000		1,313,852
2.615% to 04/22/2031, then SOFR + 1.281%, 04/22/2032 (a)			1,040,000		839,357
2.383% to 07/21/2031, then SOFR + 1.248%, 07/21/2032 (a)			1,315,000		1,035,999
4.017% to 10/31/2037, then 3 Month LIBOR USD + 1.373%, 10/31/2038 (a)			250,000		209,981
Morgan Stanley
0.791% to 01/22/2024, then SOFR + 0.509%, 01/22/2025 (a)(f)			1,300,000		1,222,568
6.250%, 08/09/2026			2,436,000		2,552,068
3.950%, 04/23/2027			935,000		899,310
3.591% to 07/22/2027, then 3 Month LIBOR USD + 1.340%, 07/22/2028 (a)			1,625,000		1,497,826
2.699% to 01/22/2030, then SOFR + 1.143%, 01/22/2031 (a)			1,190,000		995,549
2.239% to 07/21/2031, then SOFR + 1.178%, 07/21/2032 (a)			1,670,000		1,298,932
5.297% to 04/20/2032, then SOFR + 2.620%, 04/20/2037 (a)			480,000		445,825
MPH Acquisition Holdings LLC
5.500%, 09/01/2028 (b)(f)			205,000		163,976
Prime Security Services Borrower LLC / Prime Finance, Inc.
5.750%, 04/15/2026 (b)			230,000		225,788
					17,694,134
Support Activities for Mining - 0.82%
ConocoPhillips Co.
3.800%, 03/15/2052			475,000		382,878
Diamondback Energy, Inc.
3.125%, 03/24/2031			1,310,000		1,099,541
6.250%, 03/15/2033			1,275,000		1,315,306
Hess Corp.
5.600%, 02/15/2041			470,000		451,672
Hilcorp Energy I LP / Hilcorp Finance Co.
6.250%, 11/01/2028 (b)			160,000		152,550
					3,401,947
Telecommunications - 2.62%
AT&T, Inc.
2.550%, 12/01/2033			1,100,000		860,096
3.650%, 06/01/2051			845,000		614,922
3.500%, 09/15/2053			265,000		185,473
3.550%, 09/15/2055			184,000		127,273
3.650%, 09/15/2059			1,018,000		698,766
Frontier Communications Holdings LLC
5.875%, 10/15/2027 (b)			235,000		222,075
Lumen Technologies, Inc.
4.500%, 01/15/2029 (b)			210,000		142,070
T-Mobile USA, Inc.
2.875%, 02/15/2031			125,000		104,608
5.200%, 01/15/2033 (f)			650,000		650,286
4.375%, 04/15/2040			550,000		475,922
3.000%, 02/15/2041			1,186,000		853,151
4.500%, 04/15/2050			645,000		542,220
3.300%, 02/15/2051			350,000		241,730
Verizon Communications, Inc.
4.329%, 09/21/2028			2,494,000		2,422,306
4.016%, 12/03/2029			400,000		376,708
2.355%, 03/15/2032			2,360,000		1,896,079
2.987%, 10/30/2056			660,000		415,620
					10,829,305
Transportation Equipment Manufacturing - 2.11%
Boeing Co.
4.875%, 05/01/2025 (f)			1,371,000		1,357,552
3.900%, 05/01/2049			185,000		130,651
5.805%, 05/01/2050			2,125,000		1,995,188
Ford Motor Co.
4.750%, 01/15/2043			90,000		66,698
General Motors Co.
6.125%, 10/01/2025			1,448,000		1,466,502
Lockheed Martin Corp.
5.250%, 01/15/2033			375,000		388,996
5.900%, 11/15/2063			490,000		535,555
Raytheon Technologies Corp.
7.500%, 09/15/2029			2,213,000		2,516,177
TransDigm, Inc.
6.250%, 03/15/2026 (b)(f)			275,000		271,245
					8,728,564
Utilities - 2.19%
American Electric Power Co, Inc.
5.950%, 11/01/2032 (f)			940,000		983,707
Calpine Corp.
4.500%, 02/15/2028 (b)			310,000		283,572
DTE Energy Co.
3.400%, 06/15/2029			607,000		541,528
Exelon Corp.
4.700%, 04/15/2050			475,000		417,613
Kinder Morgan Energy Partners LP
4.150%, 02/01/2024			755,000		745,086
Kinder Morgan, Inc.
5.550%, 06/01/2045			1,745,000		1,622,502
New Fortress Energy, Inc.
6.500%, 09/30/2026 (b)			95,000		91,941
Pacific Gas and Electric Co.
2.500%, 02/01/2031			1,405,000		1,098,979
Southern Co.
2.950%, 07/01/2023 (f)			313,000		309,559
Vistra Operations Co. LLC
4.375%, 05/01/2029 (b)			265,000		233,333
WEC Energy Group, Inc.
5.150%, 10/01/2027			1,795,000		1,818,592
Wisconsin Electric Power Co.
4.750%, 09/30/2032			905,000		893,937
					9,040,349
Warehousing and Storage - 0.09%
Iron Mountain, Inc.
5.250%, 03/15/2028 (b)			45,000		42,132
4.875%, 09/15/2029 (b)(f)			240,000		211,492
5.250%, 07/15/2030 (b)			150,000		135,190
					388,814
Wood Product Manufacturing - 0.01%
Standard Industries, Inc.
4.750%, 01/15/2028 (b)(f)			65,000		59,007
TOTAL CORPORATE BONDS (Cost $174,053,416)					153,746,774
FOREIGN CORPORATE BONDS - 8.22%
Air Transportation - 0.82%
Delta Air Lines, Inc. / SkyMiles IP Ltd.
4.500%, 10/20/2025 (b)			3,500,000		3,409,385
Chemical Manufacturing - 0.04%
NOVA Chemicals Corp.
4.875%, 06/01/2024 (b)			120,000		116,924
5.250%, 06/01/2027 (b)			75,000		67,412
					184,336
Computer and Electronic Product Manufacturing - 0.39%
AerCap Ireland Capital DAC / AerCap Global Aviation Trust
4.450%, 10/01/2025			800,000		767,592
NXP BV / NXP Funding LLC / NXP USA, Inc.
5.000%, 01/15/2033			905,000		856,218
					1,623,810
Credit Intermediation and Related Activities - 4.76%
ABN AMRO Bank NV
3.324% to 03/13/2032, then 5 Year CMT Rate + 1.900%, 03/13/2037 (a)(b)			600,000		433,570
AerCap Ireland Capital DAC / AerCap Global Aviation Trust
3.300%, 01/30/2032			880,000		698,526
Banco Santander SA
1.849%, 03/25/2026			1,600,000		1,409,206
5.294%, 08/18/2027			1,400,000		1,359,616
3.490%, 05/28/2030			400,000		335,735
Barclays PLC
2.852% to 05/07/2025, then SOFR + 2.714%, 05/07/2026 (a)			2,145,000		1,977,071
3.564% to 09/23/2030, then 5 Year CMT Rate + 2.900%, 09/23/2035 (a)			1,000,000		757,956
BAT International Finance PLC
1.668%, 03/25/2026			1,590,000		1,408,466
BNP Paribas SA
2.219% to 06/09/2025, then SOFR + 2.074%, 06/09/2026 (a)(b)			1,015,000		931,688
3.052% to 01/13/2030, then SOFR + 1.507%, 01/13/2031 (a)(b)			615,000		509,100
Credit Suisse Group AG
3.800%, 06/09/2023			860,000		821,314
2.997% to 12/14/2022, then 3 Month LIBOR USD + 1.200%, 12/14/2023 (a)(b)			1,145,000		1,133,563
6.537% to 08/12/2032, then SOFR + 3.920%, 08/12/2033 (a)(b)(f)			950,000		830,619
9.016% to 11/15/2032, then SOFR + 5.020%, 11/15/2033 (a)(b)			770,000		777,607
HSBC Holdings PLC
2.633% to 11/07/2024, then SOFR + 1.402%, 11/07/2025 (a)			1,417,000		1,317,286
2.099% to 06/04/2025, then SOFR + 1.929%, 06/04/2026 (a)			200,000		181,223
4.950%, 03/31/2030			285,000		272,688
6.000% to 05/22/2027, then 5 Year Mid Swap Rate USD + 3.746% (a)(h)			910,000		807,807
Intesa Sanpaolo SpA
4.198% to 06/01/2031, then 1 Year CMT  Rate + 2.600%, 06/01/2032 (a)(b)			770,000		566,713
8.248% to 11/21/2032, then 1 Year CMT  Rate + 4.400%, 11/21/2033 (a)(b)			710,000		725,023
Virgin Media Vendor Financing Notes IV DAC
5.000%, 07/15/2028 (b)			350,000		300,494
UBS Group AG
4.751% to 05/12/2027, then 1 Year CMT  Rate + 1.750%, 05/12/2028 (a)(b)			1,170,000		1,123,156
Westpac Banking Corp.
2.668% to 11/15/2030, then 5 Year CMT Rate + 1.750%, 11/15/2035 (a)			1,370,000		1,006,885
					19,685,312
Food Manufacturing - 0.15%
Grupo Bimbo SAB de CV
4.700%, 11/10/2047 (b)			730,000		631,317
Management of Companies and Enterprises - 1.44%
Altice France SA
5.500%, 01/15/2028 (b)			405,000		338,106
Carnival Corp.
10.500%, 02/01/2026 (b)			95,000		96,287
7.625%, 03/01/2026 (b)(f)			340,000		287,115
Credit Suisse Group AG
3.869% to 01/12/2028, then 3 Month LIBOR USD + 1.410%, 01/12/2029 (a)(b)			250,000		199,428
4.194% to 04/01/2030, then SOFR + 3.730%, 04/01/2031 (a)(b)			560,000		423,248
3.091% to 05/14/2031, then SOFR + 1.730%, 05/14/2032 (a)(b)			830,000		564,331
Lloyds Banking Group PLC
1.627% to 05/11/2026, then 1 Year CMT  Rate + 0.850%, 05/11/2027 (a)			1,610,000		1,385,846
7.953% to 11/15/2032, then 1 Year CMT  Rate + 3.750%, 11/15/2033 (a)			430,000		451,799
3.369% to 12/14/2041, then 5 Year CMT Rate + 1.500%, 12/14/2046 (a)			920,000		596,700
Natwest Group PLC
3.032% to 11/28/2030, t hen 5 Year CMT Rate + 2.350%, 11/28/2035 (a)(f)			2,170,000		1,590,760
					5,933,620
Mining (except Oil and Gas) - 0.03%
Hudbay Minerals, Inc.
6.125%, 04/01/2029 (b)			125,000		112,060
Oil and Gas Extraction - 0.21%
Canadian Natural Resources Ltd.
6.250%, 03/15/2038			850,000		865,387
Securities, Commodity Contracts, and Other Financial Investments and Related Activities - 0.18%
Societe Generale SA
3.337% to 01/21/2032, then 1 Year CMT  Rate + 1.600%, 01/21/2033 (a)(b)			975,000		761,630
Support Activities for Transportation - 0.06%
American Airlines Inc/AAdvantage Loyalty IP Ltd.
5.500%, 04/20/2026 (b)			235,000		227,803
Telecommunications - 0.10%
Vodafone Group PLC
4.875%, 06/19/2049			500,000		424,661
Water Transportation - 0.04%
Royal Caribbean Cruises Ltd.
5.500%, 04/01/2028 (b)			205,000		167,569
TOTAL FOREIGN CORPORATE BONDS (Cost $38,968,957)					34,026,890
FOREIGN GOVERNMENT AGENCY ISSUES - 1.31%
Asian Development Bank
3.125%, 04/27/2032			960,000		895,709
Development Bank of Japan, Inc.
1.000%, 08/27/2030 (b)			260,000		201,613
European Investment Bank
3.250%, 11/15/2027			235,000		227,417
International Bank for Reconstruction & Development
3.125%, 06/15/2027			640,000		617,276
3.625%, 09/21/2029			640,000		627,595
International Finance Corp.
3.625%, 09/15/2025			660,000		649,199
Japan International Cooperation Agency
3.250%, 05/25/2027			790,000		749,056
Kreditanstalt fuer Wiederaufbau
3.000%, 05/20/2027			740,000		710,844
Province of Ontario Canada
2.125%, 01/21/2032			865,000		726,047
TOTAL FOREIGN GOVERNMENT AGENCY ISSUES (Cost $5,778,044)					5,404,756
FOREIGN GOVERNMENT NOTES/BONDS - 1.03%
Colombia Government International Bond
4.000%, 02/26/2024			590,000		573,746
3.000%, 01/30/2030			570,000		426,966
Dominican Republic International Bond
6.875%, 01/29/2026 (b)			330,000		334,234
6.850%, 01/27/2045 (b)			560,000		487,900
Hungary Government International Bond
7.625%, 03/29/2041			360,000		393,199
Indonesia Government International Bond
4.350%, 01/08/2027 (b)			550,000		544,480
Mexico Government International Bond
4.350%, 01/15/2047			740,000		582,200
Republic of South Africa Government International Bond
5.000%, 10/12/2046			150,000		108,556
Romanian Government International Bond
6.125%, 01/22/2044 (b)			505,000		462,712
Saudi Government International Bond
4.500%, 10/26/2046 (b)			400,000		352,527
TOTAL FOREIGN GOVERNMENT NOTES/BONDS (Cost $5,075,815)					4,266,520
NON-AGENCY MORTGAGE BACKED SECURITIES - 4.83%
Angel Oak Mortgage Trust
2019-6, 2.620%, 11/25/2059 (b)(d)			83,452		79,159
Bank
2021-BNK31, 1.739%, 02/15/2054			454,000		383,439
2022-BNK39, 2.928%, 02/15/2055			179,000		151,112
BBCMS Mortgage Trust
2021-C11, 1.502%, 09/15/2054 (d)(e)			7,966,713		620,284
BB-UBS Trust
2012-SHOW, 3.430%, 11/05/2036 (b)			1,646,000		1,529,285
Benchmark Mortgage Trust
2020-B21, 1.978%, 12/17/2053			251,000		199,890
2021-B23, 1.766%, 02/15/2054			612,000		517,075
2021-B26, 0.998%, 06/15/2054 (d)(e)			9,536,759		476,323
2021-B31 D, 2.250%, 12/15/2054 (b)			278,000		157,662
2021-B31 C, 3.195%, 12/15/2054 (d)			415,000		298,309
BX Commercial Mortgage Trust
2021-VOLT, 5.525% (1 Month LIBOR USD + 1.650%), 09/15/2036 (b)(c)			1,085,000		1,014,575
BX Trust
2019-OC11, 3.202%, 12/09/2041 (b)			971,000		818,839
BXP Trust
2017-GM, 3.379%, 06/13/2039 (b)			331,000		296,633
CAMB Commercial Mortgage Trust
2019-LIFE, 5.123% (1 Month LIBOR USD + 1.250%), 12/15/2037 (b)(c)			978,000		948,060
Citigroup Commercial Mortgage Trust
2013-GCJ11, 3.732%, 04/10/2046 (d)			455,000		450,595
2013-GC17, 5.095%, 11/10/2046 (d)			145,000		140,009
2014-GC25, 1.096%, 10/10/2047 (d)(e)			1,286,214		16,857
2015-GC27, 1.460%, 02/10/2048 (d)(e)			930,098		19,900
2022-GC48, 4.743%, 05/15/2054 (d)			619,207		588,463
COMM Mortgage Trust
2012-CCRE4, 3.251%, 10/15/2045			476,000		458,303
2014-UBS2, 3.472%, 03/10/2047			186,566		183,660
2014-CR16, 1.102%, 04/10/2047 (d)(e)			1,217,592		11,988
2014-LC15, 1.216%, 04/10/2047 (d)(e)			1,189,742		11,053
2014-CR17, 1.111%, 05/10/2047 (d)(e)			1,030,940		9,941
2014-UBS3, 1.216%, 06/10/2047 (d)(e)			862,488		9,287
2014-UBS6, 0.985%, 12/10/2047 (d)(e)			1,399,773		17,861
2014-CCRE21, 3.987%, 12/10/2047			281,514		266,540
Connecticut Avenue Securities Trust
2021-R01, 5.071% (SOFR30A + 1.550%), 10/25/2041 (b)(c)			480,000		461,306
2022-R01, 5.421% (SOFR30A + 1.900%), 12/25/2041 (b)(c)			1,070,000		997,845
2022-R03, 7.021% (SOFR30A + 3.500%), 03/25/2042 (b)(c)			1,065,000		1,049,098
2022-R07, 6.497% (SOFR30A + 2.950%), 06/25/2042 (b)(c)			596,833		600,566
CSAIL Commercial Mortgage Trust
2019-C17, 3.016%, 09/15/2029			850,000		730,146
2015-C1, 4.044%, 04/15/2050 (d)			450,000		412,463
2015-C2, 0.857%, 06/15/2057 (d)(e)			1,410,730		18,453
GS Mortgage Securities Trust
2014-GC18, 1.192%, 01/10/2047 (d)(e)			3,195,758		25,031
2014-GC26, 1.086%, 11/10/2047 (d)(e)			1,805,817		26,133
2015-GC34, 3.278%, 10/10/2048			76,158		73,317
2020-GC47, 2.377%, 05/12/2053			73,000		60,248
Hilton USA Trust
2016-HHV, 3.719%, 11/05/2038 (b)			283,000		257,990
Hudson Yards Mortgage Trust
2019-55HY, 3.041%, 12/10/2041 (b)(d)			865,000		735,087
J.P. Morgan Chase Commercial Mortgage Securities Trust
2022-OPO, 3.377%, 01/05/2039 (b)			501,000		410,842
Morgan Stanley Bank of America Merrill Lynch Trust
2013-C9, 2.657%, 05/15/2046			21,297		21,229
Morgan Stanley Capital I Trust
2015-MS1, 3.779%, 05/15/2048 (d)			200,000		190,684
2018-L1, 4.879%, 10/15/2051 (d)			325,000		294,756
2020-HR8, 2.041%, 07/15/2053			335,000		269,589
New Residential Mortgage Loan Trust
2019-NQM5, 2.710%, 11/25/2059 (b)(d)			149,372		133,772
OBX Trust
2021-NQM3, 1.054%, 07/25/2061 (b)(d)			783,435		590,482
Taubman Centers Commercial Mortgage Trust
2022-DPM, 6.726% (TSFR1M + 2.932%), 05/15/2037 (b)(c)			1,045,000		1,006,025
UBS Commercial Mortgage Trust
2017-C2, 3.487%, 08/15/2050			1,025,000		939,412
2017-C4, 3.836%, 10/15/2050 (d)			200,000		180,153
Verus Securitization Trust
2019-4, 2.642%, 11/25/2059 (b)			43,080		41,013
Wells Fargo Commercial Mortgage Trust
2015-C29, 3.637%, 06/15/2048			130,000		123,500
2018-C48, 4.302%, 01/15/2052			333,945		317,171
WFRBS Commercial Mortgage Trust
2014-LC14, 1.416%, 03/15/2047 (d)(e)			644,544		6,073
2014-C22 XA, 0.937%, 09/15/2057 (d)(e)			2,813,513		28,095
2014-C22 AS, 4.069%, 09/15/2057 (d)			290,000		275,990
TOTAL NON-AGENCY MORTGAGE BACKED SECURITIES (Cost $23,446,505)					19,951,571
AGENCY MORTGAGE BACKED SECURITIES - 30.93%
Fannie Mae Connecticut Avenue Securities
2017-C03, 7.016% (1 Month LIBOR USD + 3.000%), 10/25/2029 (c)			1,026,067		1,033,294
2017-C04, 6.866% (1 Month LIBOR USD + 2.850%), 11/25/2029 (c)			238,486		242,314
2017-C05, 6.216% (1 Month LIBOR USD + 2.200%), 01/25/2030 (c)			521,239		523,298
2017-C06, 6.816% (1 Month LIBOR USD + 2.800%), 02/25/2030 (c)			1,124,779		1,120,193
2017-C07 1M2, 6.444% (1 Month LIBOR USD + 2.400%), 05/25/2030 (c)			522,621		519,152
2017-C07 2M2, 6.544% (1 Month LIBOR USD + 2.500%), 05/25/2030 (c)			500,656		505,537
2018-C01, 6.266% (1 Month LIBOR USD + 2.250%), 07/25/2030 (c)			1,158,849		1,143,847
2018-C02, 6.216% (1 Month LIBOR USD + 2.200%), 08/25/2030 (c)			1,111,132		1,094,087
2018-C03, 6.166% (1 Month LIBOR USD + 2.150%), 10/25/2030 (c)			777,913		769,802
2018-C04, 6.566% (1 Month LIBOR USD + 2.550%), 12/25/2030 (c)			1,612,491		1,591,975
Fannie Mae Interest Strip
4.000%, 08/25/2043 (e)			1,304,720		245,710
Fannie Mae Pool
MA0096, 4.500%, 06/01/2029			2,947		2,981
AB3000, 4.500%, 05/01/2031			8,369		8,464
AB1389, 4.500%, 08/01/2040			25,085		25,102
MA0510, 4.500%, 09/01/2040			276		276
AE8714, 3.500%, 11/01/2040			9,506		8,953
890310, 4.500%, 12/01/2040			5,978		5,982
AH3952, 4.000%, 01/01/2041			75,607		73,575
AL0791, 4.000%, 02/01/2041			26,288		25,581
AE0954, 4.500%, 02/01/2041			21,155		21,170
AS7001, 3.000%, 04/01/2041			506,012		463,143
AL0245, 4.000%, 04/01/2041			5,492		5,334
AL0065, 4.500%, 04/01/2041			9,972		9,979
AH7395, 4.500%, 06/01/2041			2,277		2,254
AB3194, 4.500%, 06/01/2041			6,819		6,824
FM0040, 3.000%, 10/01/2041			94,034		86,067
AL1547, 4.500%, 11/01/2041			3,884		3,886
AJ9278, 3.500%, 12/01/2041			5,033		4,743
AJ6346, 3.500%, 12/01/2041			16,326		15,385
AK6744, 4.000%, 03/01/2042			31,279		30,460
AO1214, 3.500%, 04/01/2042			57,678		54,353
AK6568, 3.500%, 04/01/2042			20,735		19,540
AK9393, 3.500%, 04/01/2042			10,097		9,515
AL4029, 4.500%, 04/01/2042			29,146		29,166
AL7306, 4.500%, 09/01/2042			16,987		16,830
AP8743, 3.500%, 10/01/2042			160,358		151,097
AL2897, 3.500%, 01/01/2043			22,548		21,239
AL3714, 3.500%, 01/01/2043			14,816		13,954
AQ9330, 3.500%, 01/01/2043			20,220		19,044
AB7965, 3.500%, 02/01/2043			12,715		11,973
AT1001, 3.500%, 04/01/2043			14,690		13,825
AT2021, 3.500%, 04/01/2043			13,354		12,583
AB9046, 3.500%, 04/01/2043			39,621		37,314
AB9260, 3.500%, 05/01/2043			35,756		33,633
AU0949, 3.500%, 08/01/2043			31,648		29,822
AS0212, 3.500%, 08/01/2043			34,857		32,802
AU3751, 4.000%, 08/01/2043			65,182		63,569
AS0531, 4.000%, 09/01/2043			30,765		30,004
AU6857, 4.000%, 09/01/2043			27,255		26,538
AU4658, 4.500%, 09/01/2043			5,567		5,517
MA1600, 3.500%, 10/01/2043			14,949		14,062
AS1042, 4.000%, 11/01/2043			25,319		24,692
AS1333, 4.500%, 12/01/2043			10,688		10,696
AL4450, 4.500%, 12/01/2043			11,834		11,842
AS1559, 4.000%, 01/01/2044			17,275		16,848
AS2516, 4.500%, 05/01/2044			12,035		12,043
MA1926, 4.500%, 06/01/2044			12,491		12,499
AS2751, 4.500%, 06/01/2044			14,641		14,651
AL6223, 4.500%, 08/01/2044			14,485		14,495
AX0118, 4.000%, 09/01/2044			109,292		106,286
AS3467, 4.000%, 10/01/2044			9,436		9,203
AX2491, 4.000%, 10/01/2044			7,385		7,202
AL6432, 4.000%, 01/01/2045			23,414		22,835
AL6520, 4.000%, 02/01/2045			84,017		81,938
AZ0862, 3.500%, 07/01/2045			45,160		42,294
AZ0814, 3.500%, 07/01/2045			26,459		24,785
BM1953, 3.500%, 08/01/2045			57,030		53,734
AZ4775, 3.500%, 10/01/2045			11,266		10,549
AZ4788, 4.000%, 10/01/2045			241,003		234,699
AS6311, 3.500%, 12/01/2045			16,433		15,375
CA2929, 3.500%, 12/01/2045			91,926		86,036
AS6405, 4.000%, 12/01/2045			189,191		183,920
AS6464, 3.500%, 01/01/2046			21,977		20,555
BC4114, 3.500%, 02/01/2046			130,669		122,242
AL8219, 4.000%, 02/01/2046			194,518		190,502
BC0305, 4.000%, 03/01/2046			48,408		47,046
AS6795, 4.000%, 03/01/2046			41,816		40,568
AL8387, 4.000%, 03/01/2046			482,703		470,945
FM1370, 3.000%, 04/01/2046			32,944		30,015
BC0793, 3.500%, 04/01/2046			110,038		103,107
BC0835, 4.000%, 04/01/2046			102,765		99,873
AS7248, 4.000%, 05/01/2046			55,872		54,265
AS7200, 4.500%, 05/01/2046			6,445		6,390
AS7388, 3.500%, 06/01/2046			458,800		430,649
AL8735, 4.000%, 06/01/2046			113,200		110,175
AS7401, 4.000%, 06/01/2046			39,809		38,652
AL9282, 4.000%, 06/01/2046			75,748		73,616
AS7580, 3.000%, 07/01/2046			103,974		93,737
AS7492, 4.000%, 07/01/2046			20,038		19,468
AS7801, 3.500%, 08/01/2046			97,478		91,050
MA2737, 3.000%, 09/01/2046			581,691		524,206
MA2771, 3.000%, 10/01/2046			88,200		79,452
AS8056, 3.000%, 10/01/2046			57,694		51,930
BM3932, 3.500%, 10/01/2046			82,169		76,787
AS8269, 3.000%, 11/01/2046			74,079		66,678
AS8661, 4.000%, 01/01/2047			68,060		65,891
AS8659, 4.000%, 01/01/2047			24,016		23,251
BE2975, 4.000%, 01/01/2047			98,432		95,268
AS8699, 4.000%, 01/01/2047			20,674		20,001
MA2872, 4.500%, 01/01/2047			60,222		59,736
AS8700, 4.500%, 01/01/2047			23,949		23,766
AL9879, 3.500%, 02/01/2047			1,368,458		1,278,505
BE5475, 3.500%, 02/01/2047			37,167		34,677
AL9916, 4.000%, 02/01/2047			112,145		109,020
AS8966, 4.000%, 03/01/2047			19,358		18,689
FM4894, 4.000%, 03/01/2047			435,994		424,467
AS8982, 4.500%, 03/01/2047			8,221		8,151
CA5843, 3.000%, 04/01/2047			114,782		103,875
FM1000, 3.000%, 04/01/2047			209,691		188,230
MA2959, 3.500%, 04/01/2047			79,664		74,009
BM5348, 3.500%, 05/01/2047			45,305		42,327
BM5347, 3.500%, 05/01/2047			90,406		84,482
AS9536, 3.500%, 05/01/2047			40,662		37,972
BM5784, 3.500%, 05/01/2047			100,921		94,318
BE3619, 4.000%, 05/01/2047			85,983		83,244
MA3008, 4.500%, 05/01/2047			16,519		16,254
AS9829, 3.500%, 06/01/2047			37,045		34,583
BE3702, 4.000%, 06/01/2047			48,370		46,744
AS9664, 4.000%, 06/01/2047			21,420		20,744
AS9831, 4.000%, 06/01/2047			53,908		52,154
BM5179, 3.000%, 07/01/2047			67,175		60,634
BE3767, 3.500%, 07/01/2047			46,826		43,718
CA0062, 4.000%, 07/01/2047			42,122		40,611
MA3121, 4.000%, 09/01/2047			500,754		482,822
FM4019, 3.500%, 10/01/2047			425,927		395,961
CA0559, 4.500%, 10/01/2047			50,069		49,612
FM1467, 3.000%, 12/01/2047			65,817		59,764
BH7058, 3.500%, 12/01/2047			118,282		110,155
MA3210, 3.500%, 12/01/2047			109,681		102,131
FM2897, 3.000%, 02/01/2048			208,105		187,521
CA4140, 3.000%, 02/01/2048			67,757		60,766
CA1535, 3.500%, 02/01/2048			22,518		21,005
BJ8783, 3.500%, 02/01/2048			68,445		63,839
CA1218, 4.500%, 02/01/2048			36,269		35,733
MA3278, 4.500%, 02/01/2048			214,707		211,841
BM3590, 3.500%, 03/01/2048			91,346		85,180
BJ0650, 3.500%, 03/01/2048			49,294		45,977
BJ0648, 3.500%, 03/01/2048			46,316		43,200
FM5923, 3.500%, 03/01/2048			579,154		540,338
BM3900, 4.000%, 04/01/2048			89,011		85,693
CA1710, 4.500%, 05/01/2048			62,921		62,159
FM2385, 3.000%, 09/01/2048			127,297		114,109
FM1572, 3.000%, 09/01/2048			209,841		189,208
FM2915, 3.000%, 11/01/2048			455,838		413,446
BM5024, 3.000%, 11/01/2048			55,745		49,893
FM1239, 3.500%, 11/01/2048			73,366		68,413
FM5108, 3.500%, 11/01/2048			599,593		560,179
CA2922, 3.000%, 12/01/2048			182,930		163,593
FM2239, 3.000%, 12/01/2048			112,359		101,012
FM1051, 4.500%, 05/01/2049			150,952		149,123
FM4895, 4.000%, 06/01/2049			381,589		367,897
CA3683, 4.500%, 06/01/2049			56,165		55,446
BO2201, 3.000%, 09/01/2049			158,345		140,745
CA4571, 4.000%, 11/01/2049			366,646		348,877
BO8947, 3.000%, 01/01/2050			83,985		74,901
BO6164, 3.000%, 01/01/2050			68,420		60,899
FM3619, 4.500%, 01/01/2050			96,671		94,609
BP2099, 3.000%, 02/01/2050			341,150		303,671
BP1424, 3.000%, 03/01/2050			129,507		114,999
FM7592, 3.500%, 03/01/2050			585,140		540,722
CA5519, 3.000%, 04/01/2050			75,292		66,954
FM4334, 3.000%, 04/01/2050			178,855		159,598
CA5559, 3.500%, 04/01/2050			594,359		548,283
MA3992, 3.500%, 04/01/2050			146,925		135,578
CA5670, 3.000%, 05/01/2050			120,684		107,156
CA5668, 3.000%, 05/01/2050			291,180		258,873
CA6086, 3.000%, 06/01/2050			1,162,717		1,037,470
CA6291, 3.000%, 07/01/2050			82,817		73,644
BP6466, 3.000%, 07/01/2050			185,946		165,199
BP6481, 4.500%, 07/01/2050			34,814		34,147
BQ0239, 2.500%, 08/01/2050			195,782		169,595
BQ0188, 3.000%, 08/01/2050			99,985		88,808
BP6716, 2.500%, 09/01/2050			346,268		297,439
BK3044, 2.500%, 09/01/2050			324,769		279,222
MA4121, 3.000%, 09/01/2050			559,468		499,503
FM9143, 4.500%, 09/01/2050			132,682		130,911
MA4160, 3.000%, 10/01/2050			473,658		420,712
MA4170, 4.500%, 10/01/2050			294,141		287,789
FM7475, 4.500%, 10/01/2050			22,533		22,258
MA4208, 2.000%, 12/01/2050			2,420,859		1,998,612
FM5316, 2.000%, 12/01/2050			191,582		158,076
MA4237, 2.000%, 01/01/2051			203,183		167,696
BR1269, 2.500%, 01/01/2051			776,984		671,866
MA4256, 2.500%, 02/01/2051			683,167		586,296
MA4282, 2.500%, 03/01/2051			435,034		373,853
MA4306, 2.500%, 04/01/2051			280,272		240,307
BR7795, 2.500%, 04/01/2051			709,305		607,939
MA4307, 3.000%, 04/01/2051			821,604		728,656
MA4325, 2.000%, 05/01/2051			702,561		579,100
BT2488, 2.500%, 05/01/2051			435,731		373,371
MA4326, 2.500%, 05/01/2051			462,922		396,814
FM7189, 2.500%, 05/01/2051			499,023		427,760
MA4356, 2.500%, 06/01/2051			921,195		789,546
FM7738, 2.500%, 06/01/2051			500,959		429,633
BT0417, 2.500%, 06/01/2051			302,848		259,504
MA4378, 2.000%, 07/01/2051			661,745		545,116
FS1550, 2.500%, 07/01/2051			349,559		300,400
MA4379, 2.500%, 07/01/2051			363,323		311,362
CB1027, 2.500%, 07/01/2051			263,432		225,663
CB1038, 2.500%, 07/01/2051			325,328		279,068
BT1339, 2.500%, 07/01/2051			769,912		659,631
FM8178, 2.500%, 07/01/2051			800,230		685,417
MA4380, 3.000%, 07/01/2051			906,887		803,169
MA4399, 2.500%, 08/01/2051			2,405,065		2,060,750
BT3273, 2.500%, 08/01/2051			777,361		665,940
FM8422, 2.500%, 08/01/2051			770,644		660,343
FM8360, 2.500%, 08/01/2051			362,641		311,341
MA4401, 3.500%, 08/01/2051			236,962		217,288
BT7263, 2.500%, 09/01/2051			466,391		399,486
MA4437, 2.000%, 10/01/2051			347,866		286,429
MA4465, 2.000%, 11/01/2051			93,689		77,107
CB2852, 2.000%, 11/01/2051			1,354,277		1,114,983
MA4493, 2.500%, 12/01/2051			441,361		377,465
FS0121, 2.000%, 01/01/2052			781,671		645,165
CB2548, 2.500%, 01/01/2052			141,191		120,803
BU1350, 3.000%, 02/01/2052			84,917		75,027
BV4139, 2.500%, 03/01/2052			212,961		182,661
MA4600, 3.500%, 05/01/2052			1,548,876		1,418,379
BU8667, 4.000%, 05/01/2052			569,963		538,746
CB3622, 4.000%, 05/01/2052			486,429		459,689
MA4626, 4.000%, 06/01/2052			702,994		664,055
CB3914, 4.000%, 06/01/2052			527,793		498,558
BV2558, 5.000%, 06/01/2052			703,377		699,414
BV2634, 4.000%, 07/01/2052			536,714		506,984
BV2623, 4.500%, 07/01/2052			269,099		261,536
MA4656, 4.500%, 07/01/2052			338,936		329,516
BW0036, 4.500%, 07/01/2052			414,330		404,379
FS2603, 4.500%, 08/01/2052			696,236		676,670
BV7959, 5.000%, 08/01/2052			736,017		731,956
CB4404, 5.000%, 08/01/2052			719,837		716,251
BV8055, 4.500%, 09/01/2052			709,907		689,956
BW6232, 5.000%, 09/01/2052			896,916		891,871
BW1201, 5.000%, 09/01/2052			790,310		785,840
MA4785, 5.000%, 10/01/2052			741,061		736,892
Fannie Mae Principal Strip
0.000%, 07/15/2037			1,370,000		706,362
Fannie Mae REMICS
2012-70, 1.984% (1 Month LIBOR USD + 6.000%), 07/25/2042 (c)(e)			933,482		110,534
2012-68, 2.034% (1 Month LIBOR USD + 6.050%), 07/25/2042 (c)(e)			1,530,112		170,020
2013-6, 2.084% (1 Month LIBOR USD + 6.100%), 02/25/2043 (c)(e)			984,796		121,439
2013-18, 2.084% (1 Month LIBOR USD + 6.100%), 03/25/2043 (c)(e)			1,065,176		119,341
2014-90, 2.134% (1 Month LIBOR USD + 6.150%), 01/25/2045 (c)(e)			1,498,888		188,422
2015-32, 2.184% (1 Month LIBOR USD + 6.200%), 05/25/2045 (c)(e)			957,389		117,322
2016-03, 4.000%, 02/25/2046 (e)			448,111		80,298
2016-40, 1.834% (1 Month LIBOR USD + 5.850%), 07/25/2046 (c)(e)			616,820		65,041
2018-07, 4.000%, 02/25/2048 (e)			1,226,235		235,447
2020-52, 4.500%, 08/25/2050 (e)			1,120,172		238,684
Freddie Mac Gold Pool
G1-3122, 5.000%, 04/01/2023			26		26
G1-4953, 3.500%, 01/01/2029			15,154		14,956
A8-6315, 4.500%, 05/01/2039			14,186		14,171
A8-6521, 4.500%, 05/01/2039			28,405		28,456
A9-3617, 4.500%, 08/01/2040			2,406		2,410
Q0-0285, 4.500%, 04/01/2041			3,704		3,710
Q0-0876, 4.500%, 05/01/2041			23,656		23,699
Q0-2173, 4.500%, 07/01/2041			16,195		16,223
Q0-3705, 4.000%, 10/01/2041			16,920		16,597
C0-3795, 3.500%, 04/01/2042			113,784		107,343
Q0-9004, 3.500%, 06/01/2042			10,595		9,995
C0-9004, 3.500%, 07/01/2042			11,283		10,644
Q0-9896, 3.500%, 08/01/2042			14,674		13,843
Q1-1348, 3.500%, 09/01/2042			29,729		28,033
Q1-8305, 3.500%, 05/01/2043			12,418		11,700
Q1-9475, 3.500%, 06/01/2043			21,097		19,877
G6-0030, 3.500%, 07/01/2043			66,653		62,865
Q2-0780, 3.500%, 08/01/2043			26,091		24,575
Q2-0857, 3.500%, 08/01/2043			16,882		15,915
G0-7459, 3.500%, 08/01/2043			13,430		12,659
G0-8541, 3.500%, 08/01/2043			23,621		22,256
V8-0509, 4.000%, 10/01/2043			14,060		13,727
G0-8558, 4.000%, 11/01/2043			15,533		15,165
Q2-6367, 4.000%, 05/01/2044			4,312		4,210
Q2-6513, 4.500%, 06/01/2044			11,849		11,750
Q2-9916, 4.000%, 11/01/2044			17,388		16,976
Q4-5219, 3.500%, 01/01/2045			79,668		74,825
G0-7961, 3.500%, 03/01/2045			18,256		17,154
G0-8633, 4.000%, 03/01/2045			35,020		34,191
G0-8636, 3.500%, 04/01/2045			21,263		19,935
G0-8637, 4.000%, 04/01/2045			17,575		17,158
Q3-3869, 4.000%, 06/01/2045			11,779		11,500
Q3-5225, 3.500%, 08/01/2045			10,687		10,015
G0-8659, 3.500%, 08/01/2045			58,225		54,553
G0-8660, 4.000%, 08/01/2045			69,759		68,086
V8-1873, 4.000%, 08/01/2045			15,396		15,023
V8-1992, 4.000%, 10/01/2045			214,396		207,743
G0-8672, 4.000%, 10/01/2045			11,674		11,383
G0-8676, 3.500%, 11/01/2045			25,380		23,793
G6-0480, 4.500%, 11/01/2045			10,437		10,457
G0-8681, 3.500%, 12/01/2045			18,827		17,632
G0-8682, 4.000%, 12/01/2045			23,420		22,812
Q3-8470, 4.000%, 01/01/2046			13,030		12,688
Q3-8473, 4.000%, 01/01/2046			23,361		22,781
G0-8694, 4.000%, 02/01/2046			13,482		13,125
Q3-9434, 3.500%, 03/01/2046			3,920		3,674
Q3-9644, 3.500%, 03/01/2046			85,879		80,428
G0-8693, 3.500%, 03/01/2046			4,203		3,936
Q3-9438, 4.000%, 03/01/2046			72,876		70,923
G0-8699, 4.000%, 03/01/2046			36,444		35,468
G0-8702, 3.500%, 04/01/2046			43,192		40,432
Q4-0375, 3.500%, 05/01/2046			28,002		26,210
G0-8706, 3.500%, 05/01/2046			19,889		18,772
Q4-0718, 3.500%, 05/01/2046			123,769		115,835
G0-8708, 4.500%, 05/01/2046			28,561		28,483
Q4-1208, 3.500%, 06/01/2046			61,982		58,110
Q4-5458, 4.000%, 08/01/2046			60,970		59,336
G0-8721, 3.000%, 09/01/2046			42,283		38,144
G0-8735, 4.500%, 10/01/2046			38,510		38,245
G0-8741, 3.000%, 01/01/2047			773,307		696,214
G0-8743, 4.000%, 01/01/2047			34,575		33,552
Q4-6279, 3.500%, 02/01/2047			48,505		45,376
Q4-6283, 4.000%, 02/01/2047			37,610		36,463
G0-8752, 4.000%, 03/01/2047			16,893		16,509
Q4-6539, 4.500%, 03/01/2047			3,458		3,395
G0-8757, 3.500%, 04/01/2047			7,961		7,443
G0-8759, 4.500%, 04/01/2047			12,910		12,817
V8-3204, 4.500%, 05/01/2047			31,221		30,800
Q4-9100, 4.000%, 07/01/2047			79,100		76,504
Q4-9394, 4.500%, 07/01/2047			67,652		67,025
Q4-9888, 3.500%, 08/01/2047			41,248		38,553
Q5-0035, 3.500%, 08/01/2047			60,177		56,257
Q5-0109, 3.500%, 08/01/2047			8,669		8,102
G6-1228, 4.000%, 08/01/2047			116,138		112,632
G0-8779, 3.500%, 09/01/2047			170,807		157,481
G0-8785, 4.000%, 10/01/2047			87,962		84,606
Q5-2319, 3.500%, 11/01/2047			131,581		122,888
G6-1631, 3.500%, 11/01/2047			157,159		146,987
G6-1467, 4.000%, 11/01/2047			113,890		109,694
G6-1281, 3.500%, 01/01/2048			74,058		69,164
G0-8800, 3.500%, 02/01/2048			100,818		94,094
Q5-4463, 4.000%, 02/01/2048			55,852		54,062
G6-7710, 3.500%, 03/01/2048			140,737		131,017
Freddie Mac Multifamily Structured Pass Through Certificates
K-098, 1.517%, 08/25/2029 (d)(e)			1,985,000		152,928
Freddie Mac Pool
ZS-9972, 3.000%, 03/01/2042			715,573		654,879
ZM-0630, 4.000%, 01/01/2046			240,656		234,085
ZT-0390, 4.000%, 03/01/2046			91,823		89,552
ZM-1590, 3.000%, 08/01/2046			519,751		467,099
SD-0035, 3.000%, 04/01/2047			463,794		420,031
ZM-4908, 3.500%, 11/01/2047			210,530		196,398
ZA-5250, 4.000%, 01/01/2048			189,674		182,800
ZS-4759, 3.500%, 03/01/2048			128,819		120,144
ZM-6197, 4.000%, 04/01/2048			461,060		443,542
SD-0298, 3.000%, 11/01/2048			326,757		294,384
ZN-2103, 4.500%, 12/01/2048			30,480		30,076
ZA-7141, 3.000%, 06/01/2049			65,250		58,085
SD-8005, 3.500%, 08/01/2049			598,497		554,122
SD-8013, 4.500%, 09/01/2049			90,697		89,372
SI-2009, 3.000%, 10/01/2049			395,081		351,802
QA-5549, 3.000%, 12/01/2049			212,499		188,989
QA-7325, 3.000%, 02/01/2050			168,337		150,187
QA-6750, 3.000%, 02/01/2050			123,291		110,108
QA-8311, 3.000%, 03/01/2050			190,862		171,743
SD-8068, 3.000%, 06/01/2050			541,629		481,404
RA-2970, 2.500%, 07/01/2050			180,457		155,540
SD-8074, 3.000%, 07/01/2050			79,732		70,930
SD-8075, 3.500%, 07/01/2050			463,817		428,011
QB-2682, 2.500%, 08/01/2050			134,317		115,417
SD-8084, 3.000%, 08/01/2050			232,711		206,649
SD-8086, 4.000%, 08/01/2050			171,052		162,883
RA-3484, 3.000%, 09/01/2050			271,593		241,078
SD-8098, 2.000%, 10/01/2050			2,349,230		1,939,442
QB-4785, 2.500%, 10/01/2050			191,191		164,213
QB-6037, 2.500%, 11/01/2050			139,442		119,711
SD-8122, 2.500%, 01/01/2051			408,245		350,482
SD-8129, 2.500%, 02/01/2051			550,806		473,367
RA-4527, 2.500%, 02/01/2051			279,381		240,134
SD-8135, 2.500%, 03/01/2051			197,505		169,778
QC-0945, 2.500%, 04/01/2051			796,795		682,973
SD-8147, 2.500%, 05/01/2051			461,615		395,626
QC-2565, 2.000%, 06/01/2051			544,306		448,459
QC-4235, 2.500%, 07/01/2051			705,381		604,113
QC-3907, 2.500%, 07/01/2051			457,547		391,945
SD-8156, 2.500%, 07/01/2051			429,409		367,933
SD-8160, 2.000%, 08/01/2051			820,570		675,800
QC-5978, 2.500%, 08/01/2051			612,561		524,802
QC-6209, 2.500%, 08/01/2051			385,069		329,910
SD-8167, 2.500%, 09/01/2051			1,115,951		955,954
RA-5855, 2.500%, 09/01/2051			735,727		629,657
SD-8169, 3.500%, 09/01/2051			108,414		99,489
SD-0780, 2.500%, 12/01/2051			502,539		430,438
SD-8189, 2.500%, 01/01/2052			445,409		380,207
RA-6686, 4.000%, 01/01/2052			232,619		219,951
QD-7594, 2.500%, 02/01/2052			680,587		584,911
SD-8214, 3.500%, 05/01/2052			482,788		442,113
SD-1883, 4.000%, 06/01/2052			650,000		614,400
QE-5195, 4.000%, 06/01/2052			636,639		601,467
QE-4039, 4.000%, 06/01/2052			1,226,795		1,158,843
QE-5474, 4.000%, 07/01/2052			344,539		325,529
SD-1060, 4.000%, 07/01/2052			340,441		321,654
QE-6058, 4.500%, 07/01/2052			910,108		884,625
SD-8231, 4.500%, 07/01/2052			339,358		329,926
SD-8233, 5.000%, 07/01/2052			673,306		669,623
SD-1382, 4.000%, 08/01/2052			836,676		790,278
QE-6925, 4.500%, 08/01/2052			265,132		257,708
SD-1576, 5.000%, 08/01/2052			944,177		938,866
QE-9381, 4.000%, 09/01/2052			889,960		840,670
SD-1709, 5.500%, 09/01/2052			837,925		849,892
SD-8258, 5.000%, 10/01/2052			690,144		686,262
SD-1719, 5.500%, 10/01/2052			873,929		885,655
SD-8268, 5.500%, 11/01/2052			397,977		402,483
Freddie Mac REMICS
4121, 2.327% (1 Month LIBOR USD + 6.200%), 10/15/2042 (c)(e)			939,831		105,136
4122, 4.000%, 10/15/2042 (e)			966,777		182,742
4159, 2.277% (1 Month LIBOR USD + 6.150%), 01/15/2043 (c)(e)			1,316,649		163,572
4459, 4.000%, 08/15/2043 (e)			1,955,792		361,147
4385, 4.500%, 09/15/2044 (e)			193,240		34,476
4572, 2.177% (1 Month LIBOR USD + 6.050%), 04/15/2046 (c)(e)			428,728		46,788
4583, 2.127% (1 Month LIBOR USD + 6.000%), 05/15/2046 (c)(e)			440,382		50,227
4616, 2.127% (1 Month LIBOR USD + 6.000%), 09/15/2046 (c)(e)			1,027,160		122,896
4623, 2.127% (1 Month LIBOR USD + 6.000%), 10/15/2046 (c)(e)			952,336		121,812
4648, 2.127% (1 Month LIBOR USD + 6.000%), 01/15/2047 (c)(e)			407,481		45,889
Freddie Mac STACR REMIC Trust
2022-HQA1, 7.021% (SOFR30A + 3.500%), 03/25/2042 (b)(c)			309,000		298,746
2022-DNA3, 6.421% (SOFR30A + 2.900%), 04/25/2042 (b)(c)			506,000		484,841
Freddie Mac Structured Agency Credit Risk Debt Notes
2017-HQA3, 6.366% (1 Month LIBOR USD + 2.350%), 04/25/2030 (c)			694,167		686,151
2018-DNA1, 5.816% (1 Month LIBOR USD + 1.800%), 07/25/2030 (c)			312,390		304,108
2018-HQA1, 6.316% (1 Month LIBOR USD + 2.300%), 09/25/2030 (c)			650,357		635,633
2019-CS03, 4.016% (1 Month LIBOR USD + 0.000%), 10/25/2032 (b)(c)			177,631		177,140
2021-DNA7, 4.371% (SOFR30A + 0.850%), 11/25/2041 (b)(c)			1,881,687		1,835,575
2022-DNA2, 5.921% (SOFR30A + 2.400%), 02/25/2042 (b)(c)			1,650,000		1,553,438
Ginnie Mae
#TBA, 4.500%, 12/15/2041			4,225,000		4,127,462
#TBA, 5.000%, 12/15/2048			1,420,000		1,415,563
#TBA, 5.500%, 12/15/2052			1,160,000		1,171,691
Ginnie Mae II Pool
MA0699M, 3.500%, 01/20/2043			24,172		22,978
MA0783M, 3.500%, 02/20/2043			32,981		31,350
MA0934M, 3.500%, 04/20/2043			23,533		22,369
MA3663M, 3.500%, 05/20/2046			40,584		38,336
MA3803M, 3.500%, 07/20/2046			15,742		14,839
MA4510M, 3.500%, 06/20/2047			64,054		60,218
MA4586M, 3.500%, 07/20/2047			88,435		82,900
MA4652M, 3.500%, 08/20/2047			59,420		55,857
MA4900M, 3.500%, 12/20/2047			44,964		42,298
MA6542M, 3.500%, 03/20/2050			243,120		228,918
MA6600M, 3.500%, 04/20/2050			18,088		16,931
MA6601M, 4.000%, 04/20/2050			81,502		78,325
MA7138M, 3.500%, 01/20/2051			234,740		219,628
MA7192M, 2.000%, 02/20/2051			293,396		250,442
MA7193M, 2.500%, 02/20/2051			296,162		260,922
MA7254M, 2.000%, 03/20/2051			299,009		255,171
MA7255M, 2.500%, 03/20/2051			733,761		646,301
MA7311M, 2.000%, 04/20/2051			852,021		726,927
MA7312M, 2.500%, 04/20/2051			811,108		714,910
MA7367M, 2.500%, 05/20/2051			298,189		262,391
MA7418M, 2.500%, 06/20/2051			623,090		548,011
MA7472M, 2.500%, 07/20/2051			408,639		359,227
MA7589M, 2.500%, 09/20/2051			914,517		803,551
MA7648M, 2.000%, 10/20/2051			297,641		253,433
MA7766M, 2.000%, 12/20/2051			375,435		319,453
MA7828M, 3.000%, 01/20/2052			605,759		546,651
MA8045M, 4.000%, 05/20/2052			662,952		632,017
MA8099M, 3.500%, 06/20/2052			614,309		569,598
MA8151M, 4.500%, 07/20/2052			915,286		895,305
MA8200M, 4.000%, 08/20/2052			595,426		567,640
MA8201M, 4.500%, 08/20/2052			595,643		582,620
MA8267M, 4.000%, 09/20/2052			572,463		545,748
MA8268M, 4.500%, 09/20/2052			896,110		876,518
Government National Mortgage Association
2013-23, 3.500%, 02/20/2043 (e)			587,919		106,855
2015-162, 2.811% (1 Month LIBOR USD + 6.750%), 11/20/2045 (c)(e)			882,433		122,756
2018-007, 2.261% (1 Month LIBOR USD + 6.200%), 01/20/2048 (c)(e)			987,291		105,114
2020-173, 2.500%, 11/20/2050 (e)			2,332,125		307,310
2021-116, 2.500%, 06/20/2051 (e)			2,592,556		350,036
Uniform Mortgage Backed Securities
#TBA, 5.500%, 12/15/2040			2,660,000		2,686,392
#TBA, 4.500%, 12/15/2040			1,170,000		1,135,814
#TBA, 5.000%, 12/15/2040			2,215,000		2,199,426
#TBA, 6.000%, 12/15/2040			830,000		847,832
TOTAL AGENCY MORTGAGE BACKED SECURITIES (Cost $139,000,503)					127,891,566
U.S. GOVERNMENT AGENCY ISSUES - 0.45%
Federal Home Loan Mortgage Corp.
0.375%, 09/23/2025			225,000		202,326
Federal National Mortgage Association
0.500%, 11/07/2025			255,000		228,980
0.750%, 10/08/2027			745,000		641,702
0.875%, 08/05/2030			575,000		455,376
Tennessee Valley Authority
5.250%, 09/15/2039			320,000		334,055
TOTAL U.S. GOVERNMENT AGENCY ISSUES (Cost $2,180,540)					1,862,439
U.S. GOVERNMENT NOTES/BONDS - 5.56%
United States Treasury Note/Bond
4.125%, 10/31/2027 (f)			1,655,000		1,673,683
2.875%, 05/15/2032			230,000		214,798
4.125%, 11/15/2032			880,000		910,937
4.250%, 11/15/2040			775,000		807,271
1.750%, 08/15/2041			500,000		347,051
3.125%, 11/15/2041			2,540,000		2,236,291
3.250%, 05/15/2042			4,515,000		4,033,518
3.375%, 08/15/2042			95,000		86,465
3.375%, 05/15/2044			1,380,000		1,239,520
3.125%, 08/15/2044			2,040,000		1,755,277
3.000%, 11/15/2044			1,003,300		844,183
3.000%, 05/15/2047			2,420,000		2,024,103
3.125%, 05/15/2048			470,000		403,741
3.375%, 11/15/2048			1,985,000		1,791,540
2.250%, 02/15/2052			795,000		569,574
2.875%, 05/15/2052			1,870,000		1,542,750
3.000%, 08/15/2052			2,000,000		1,699,688
4.000%, 11/15/2052			790,000		815,305
TOTAL U.S. GOVERNMENT NOTES/BONDS (Cost $24,624,803)					22,995,695
U.S. TREASURY BILLS - 4.00%
United States Treasury Bill
3.698%, 12/22/2022 (i)			16,560,000		16,525,766
TOTAL U.S. TREASURY BILLS (Cost $16,525,702)					16,525,766
			Shares
EXCHANGE TRADED FUNDS - 0.02%
iShares Core U.S. Aggregate Bond ETF			817		80,303
TOTAL EXCHANGE TRADED FUNDS (Cost $85,062)					80,303
INVESTMENTS PURCHASED WITH COLLATERAL FROM SECURITIES LENDING - 4.57%
Money Market Fund - 4.57%
Mount Vernon Liquid Assets Portfolio, LLC, 4.010% (g)			18,915,311		18,915,311
TOTAL INVESTMENTS PURCHASED WITH COLLATERAL FROM SECURITIES LENDING (Cost $18,915,311)					18,915,311
SHORT-TERM INVESTMENTS - 0.52%
First American Government Obligations Fund, Class X, 3.664% (g)			2,131,998		2,131,998
TOTAL SHORT-TERM INVESTMENTS (Cost $2,131,998)					2,131,998
Total Investments (Cost $493,104,574) - 107.92%					446,220,048
Liabilities in Excess of Other Assets - (7.92)%					(32,765,240)
TOTAL NET ASSETS - 100.00%				$	413,454,808
Percentages are stated as a percent of net assets.
(a)	Variable rate security; the rate shown represents the rate at November 30, 2022.
(b)	Securities issued under Rule 144A under the Securities Act of 1933.  Such securities are deemed to be liquid.
(c)	Floating rate security; the rate shown represents the rate at November 30, 2022. The coupon is based on an underlying pool of loans and other conditions at the time the loans are securitized.
(d)	Variable rate security; the rate shown represents the rate at November 30, 2022. The coupon is based on an underlying pool of loans and other conditions at the time the loans are securitized.
(e)	Represents an interest-only security that entitles holders to receive only interest payments on underlying mortgages.
(f)	All or portion of this security is out on loan as of November 30, 2022. Total value of securities out on loan is $18,617,768.
(g)	The rate shown represents the seven day yield at November 30, 2022.
(h)	Perpetual maturity. The date referenced is the next call date.
(i)	Rate shown is the effective yield based on purchase price. The calculation assumes the security is held to maturity.
Abbreviations
#TBA	Pool number to be announced
The accompanying notes are an integral part of these schedule of investments.

Summary of Fair Value Exposure at November 30, 2022

The Fund has adopted Statement of Financial Accounting Standard, “Fair Value Measurements and Disclosures” (“Fair Value Measurements”) and FASB Staff Position “Determining Fair Value when the Volume and Level of Activity for the Asset or Liability Have Significantly Decreased and Identified Transactions that are not Orderly” (“Determining Fair Value”).  Determining Fair Value clarifies Fair Value Measurements and requires an entity to evaluate certain factors to determine whether there has been a significant decrease in volume and level of activity for the security such that recent transactions and quoted prices may not be determinative of fair value and further analysis and adjustment may be necessary to estimate fair value.  Determining Fair Value also requires enhanced disclosure regarding the inputs and valuation techniques used to measure fair value in those instances as well as expanded disclosure of valuation levels for major security types.  Fair Value Measurements requires the Fund to classify securities based on valuation method.  These inputs are summarized in the three broad levels listed below:

Level 1 - Quoted prices in active markets for identical securities.

Level 2 - Other significant observable inputs (including quoted prices for similar securities, interest rates, prepayment speeds, credit risk, etc.)

Level 3 - Significant unobservable inputs (including the Fund’s own assumptions in determining the fair value of investments.)

The inputs or methodology used for valuing securities are not necessarily an indication of the risk associated with investing in those securities.  The following is a summary of the inputs used to value the Funds' investments carried at fair value as of November 30, 2022.

	Level 1		Level 2		Level 3		Total
Assets:
Fixed Income Securities:
Asset Backed Securities	$	-	$	38,420,459	$	-	$	38,420,459
Corporate Bonds*		-		153,746,774		-		153,746,774
Foreign Corporate Bonds*		-		34,026,890		-		34,026,890
Foreign Government Agency Issues		-		5,404,756		-		5,404,756
Foreign Government Notes/Bonds		-		4,266,520		-		4,266,520
Non-Agency Mortgage Backed Securities		-		19,951,571		-		19,951,571
Agency Mortgage Backed Securities		-		127,891,566		-		127,891,566
U.S. Government Agency Issues		-		1,862,439		-		1,862,439
U.S. Government Notes/Bonds		-		22,995,695		-		22,995,695
U.S. Treasury Bills		-		16,525,766		-		16,525,766
Total Fixed Income Securities		-		425,092,436		-		425,092,436
Exchange-Traded Funds		80,303		-		-		80,303
Money Market Funds		21,047,309		-		-		21,047,309
Total Investments in Securities	$	21,127,612	$	425,092,436	$	-	$	446,220,048

* For further breakdown by industry, please refer to the Schedule of Investments.

The Fund did not hold any Level 3 securities during the period ended November 30, 2022.