Principal
Amount
Asset-Backed
Securities
(
0.3%
)
a
Value
Dext
ABS,
LLC
$
6,537,859
5.680% ,4/15/2024,
Ser.
2023-1
b
$
6,530,651
Enterprise
Fleet
Financing,
LLC
2,416,410
5.148% ,11/20/2023,
Ser.
2022-4
b
2,415,357
4,275,060
5.330% ,3/20/2024,
Ser.
2023-1
b
4,270,909
Westlake
Automobile
Receivables
Trust
1,633,748
5.046% ,1/16/2024,
Ser.
2023-1A
b
1,633,143
Total
14,850,060
Principal
Amount
Basic
Materials
(
3.9%
)
a
Value
BASF
SE
25,000,000
5.540% ,10/25/2023
b
24,672,663
EIDP,
Inc.
25,000,000
5.570% ,9/5/2023
b
24,862,350
Nutrien,
Ltd.
23,000,000
5.520% ,8/1/2023
b
22,996,486
19,250,000
5.500% ,8/3/2023
b
19,241,177
20,300,000
5.470% ,8/10/2023
b
20,268,986
10,000,000
5.420% ,8/11/2023
b
9,983,194
10,000,000
5.500% ,8/21/2023
b
9,967,917
25,000,000
5.500% ,8/22/2023
b
24,915,911
17,450,000
5.480% ,8/23/2023
b
17,388,582
Total
174,297,266
Principal
Amount
Capital
Goods
(
5.3%
)
a
Value
Amcor
Finance
USA,
Inc.
25,000,000
5.460% ,8/4/2023
b,c
24,984,595
Amcor
Flexibles
North
America,
Inc.
25,000,000
5.460% ,8/7/2023
b,c
24,973,361
25,000,000
5.530% ,8/11/2023
b,c
24,957,680
25,000,000
5.550% ,8/25/2023
b,c
24,902,465
John
Deere
Canada,
ULC
25,000,000
5.370% ,8/18/2023
b,c
24,933,825
Parker-Hannifin
Corporation
25,000,000
5.520% ,8/23/2023
b
24,912,472
25,000,000
5.520% ,8/24/2023
b
24,908,583
Siemens
Financieringsmaatschappij
NV
25,000,000
5.632%
(SOFRRATE
+
0.430%),3/11/2024
b,d
25,036,250
Waste
Management,
Inc.
10,000,000
5.400% ,8/2/2023
b,c
9,996,967
25,000,000
5.440% ,8/8/2023
b,c
24,969,667
Total
234,575,865
Principal
Amount
Consumer
Cyclical
(
6.9%
)
a
Value
American
Honda
Finance
Corporation
7,250,000
5.510% ,8/21/2023
c
7,227,036
10,035,000
5.490% ,8/28/2023
c
9,992,072
50,000,000
5.580% ,9/6/2023
c
49,716,436
22,500,000
5.587% ,9/18/2023
c
22,330,736
Hyundai
Capital
America
15,200,000
5.400% ,8/14/2023
b,c
15,167,749
24,750,000
5.400% ,8/15/2023
b,c
24,693,694
10,039,000
1.250% ,9/18/2023
b
9,977,251
Principal
Amount
Consumer
Cyclical
(6.9%)
a
Value
Toyota
Credit
Canada,
Inc.
$
20,000,000
5.130% ,8/4/2023
c
$
19,988,087
25,000,000
5.140% ,8/23/2023
c
24,914,005
Toyota
Credit
de
Puerto
Rico
Corporation
15,000,000
5.450% ,10/30/2023
14,794,757
10,000,000
5.520% ,11/10/2023
9,845,668
Toyota
Motor
Credit
Corporation
10,000,000
6.060%
(SOFRRATE
+
0.750%),12/11/2023
d
10,016,210
VW
Credit,
Inc.
10,000,000
5.400% ,8/11/2023
b,c
9,983,317
25,000,000
5.440% ,8/17/2023
b,c
24,935,542
25,000,000
5.460% ,8/25/2023
b,c
24,904,739
25,000,000
5.520% ,9/5/2023
b,c
24,861,750
Total
303,349,049
Principal
Amount
Consumer
Non-Cyclical
(
7.1%
)
a
Value
Anheuser-Busch
InBev
Worldwide,
Inc.
25,000,000
5.470% ,8/14/2023
b,c
24,946,790
GlaxoSmithKline,
LLC
25,000,000
5.350% ,9/25/2023
b,c
24,791,050
Medtronic
Global
Holdings
SCA
10,000,000
5.330% ,8/3/2023
b,c
9,995,409
Proctor
&
Gamble
Company
25,000,000
5.050% ,9/15/2023
b
24,835,454
Reckitt
Benckiser
Treasury
Services
plc
35,000,000
5.400% ,8/14/2023
b,c
34,926,282
25,000,000
5.420% ,8/21/2023
b,c
24,920,929
3,500,000
5.430% ,8/30/2023
b,c
3,483,813
15,000,000
5.410% ,8/31/2023
b,c
14,928,209
Roche
Holdings,
Inc.
25,000,000
5.532%
(SOFRRATE
+
0.330%),9/11/2023
b,d
24,997,975
Stanley
Black
&
Decker,
Inc.
37,500,000
5.433% ,8/1/2023
b
37,494,291
5,705,000
5.450% ,8/2/2023
b
5,703,262
25,000,000
5.450% ,8/4/2023
b
24,984,761
25,000,000
5.500% ,8/30/2023
b
24,884,792
Thermo
Fisher
Scientific,
Inc.
25,000,000
5.520% ,8/18/2023
b
24,931,750
8,729,000
5.553% ,8/21/2023
b
8,701,198
Total
314,525,965
Principal
Amount
Energy
(
1.8%
)
a
Value
BP
Capital
Markets
plc
9,600,000
5.360% ,8/3/2023
b,c
9,595,672
25,000,000
5.380% ,8/7/2023
b,c
24,973,702
Chevron
USA,
Inc.
25,000,000
5.539%
(LIBOR
3M
+
0.200%),8/11/2023
d
25,001,553
Schlumberger
Investment
SA
5,358,000
3.650% ,12/1/2023
5,320,285
Shell
International
Finance
BV
5,375,000
0.375% ,9/15/2023
5,341,795
10,000,000
5.721%
(LIBOR
3M
+
0.400%),11/13/2023
d
10,008,256
Total
80,241,263