Investments
in
Derivatives
Principal
Amount
(000)
Description
(1)
Coupon
Maturity
Ratings
(2)
Value
Insurance
-
3.4%
$
30,860
Liberty
Mutual
Group
Inc
,
144A
(4)
7.800%
3/15/37
Baa3
$
32,348,069
6,150
Liberty
Mutual
Insurance
Co,
144A
(4)
7.697%
10/15/97
BBB+
7,103,670
2,600
Lincoln
National
Corp
(3-Month
LIBOR
reference
rate
+
2.040%
spread)
(4),(6)
7.290%
4/20/67
Baa2
1,690,000
2,000
Muenchener
Rueckversicherungs-Gesellschaft
AG
in
Muenchen
5.875%
5/23/42
A
2,006,076
1,000
Nippon
Life
Insurance
Co,
144A
2.900%
9/16/51
A-
822,500
8,000
Zurich
Finance
Ireland
Designated
Activity
Co
3.500%
5/02/52
A+
6,290,800
Total
Insurance
50,261,115
Total
Corporate
Bonds
(cost
$78,660,475)
74,147,820
Shares
Description
(1)
Coupon
Ratings
(2)
Value
X
23,819,133
CONVERTIBLE
PREFERRED
SECURITIES
-
1.6%
(1.0%
of
Total
Investments)
X
23,819,133
Banks
-
1.6%
6,286
Bank
of
America
Corp
7.250%
BBB+
$
7,442,184
14,021
Wells
Fargo
&
Co
7.500%
Baa2
16,376,949
Total
Banks
23,819,133
Total
Convertible
Preferred
Securities
(cost
$28,380,411)
23,819,133
Shares
Description
(1)
Value
16,875,850
INVESTMENT
COMPANIES
-
1.1%
(0.8%
of
Total
Investments)
X
16,875,850
723,135
BlackRock
Credit
Allocation
Income
Trust
$
7,535,067
646,421
John
Hancock
Preferred
Income
Fund
III
9,340,783
Total
Investment
Companies
(cost
$27,993,530)
16,875,850
Total
Long-Term
Investments
(cost
$2,550,736,744)
2,305,442,728
Principal
Amount
(000)
Description
(1)
Coupon
Maturity
Value
SHORT-TERM
INVESTMENTS
-
0.8% (0.5%
of
Total
Investments)
12,325,208
REPURCHASE
AGREEMENTS
-
0.8%
(0.5%
of
Total
Investments)
X
12,325,208
$
12,325
Repurchase
Agreement
with
Fixed
Income
Clearing
Corporation,
dated
4/28/23,
repurchase
price
$12,326,687,
collateralized
by
$13,748,100,
U.S.
Treasury
Note,
0.750%,
due
5/31/26,
value
$12,571,775
1.440%
5/01/23
$
12,325,208
Total
Repurchase
Agreements
(cost
$12,325,208)
12,325,208
Total
Short-Term
Investments
(cost
$12,325,208)
12,325,208
Total
Investments
(cost
$2,563,061,952
)
-
155.0%
2,317,767,936
Borrowings
-
(20.2)%
(8),(9)
(301,300,000)
Reverse
Repurchase
Agreements,
including
accrued
interest
-
(18.5)%(10)
(276,270,820)
TFP
Shares,
Net
-
(18.0)%(11)
(269,010,941)
Other
Assets
&
Liabilities,
Net
- 1.7%(12)
23,798,885
Net
Assets
Applicable
to
Common
Shares
-
100%
$
1,494,985,060
Interest
Rate
Swaps
-
OTC
Uncleared
Counterparty
Notional
Amount
Fund
Pay/Receive
Floating
Rate
Floating
Rate
Index
Fixed
Rate
(Annualized)
Fixed
Rate
Payment
Frequency
Effective
Date
(13)
Optional
Termination
Date
Maturity
Date
Value
Unrealized
Appreciation
(Depreciation)
Morgan
Stanley
Capital
Services,
LLC
$
521,000,000
Receive
1-Month
LIBOR
1.994%
Monthly
6/01/18
7/01/25
7/01/27
$
20,190,699
$
20,190,699
Morgan
Stanley
Capital
Services,
LLC
90,000,000
Receive
1-Month
LIBOR
2.364%
Monthly
7/01/19
7/01/26
7/01/28
2,870,843
2,870,843
Total
unrealized
appreciation
on
interest
rate
swaps
$
23,061,542