Description | Interest Rate | Maturity Date | Principal Amount (000)# | Value | |
Long-Term Investments 98.8% | |||||
Asset-Backed Securities 22.4% | |||||
Automobiles 0.6% | |||||
Ford Credit Auto Owner Trust, Series 2023-01, Class C, 144A | 5.580 % | 08/15/35 | 100 | $100,193 | |
Hertz Vehicle Financing III LLC, | |||||
Series 2022-01A, Class C, 144A | 2.630 | 06/25/26 | 100 | 91,730 | |
Series 2023-01A, Class B, 144A | 6.220 | 06/25/27 | 100 | 100,160 | |
OneMain Direct Auto Receivables Trust, | |||||
Series 2023-01A, Class B, 144A | 5.810 | 02/14/31 | 200 | 200,326 | |
Series 2023-01A, Class C, 144A | 6.140 | 02/14/31 | 100 | 100,321 | |
592,730 | |||||
Collateralized Loan Obligations 21.0% | |||||
AIG CLO Ltd. (Cayman Islands), Series 2019-02A, Class AR, 144A, 3 Month LIBOR + 1.100% (Cap N/A, Floor 1.100%) | 6.355(c) | 10/25/33 | 750 | 744,036 | |
AlbaCore Euro CLO (Ireland), Series 04A, Class B1, 144A, 3 Month EURIBOR + 2.600% (Cap N/A, Floor 2.600%) | 5.777(c) | 07/15/35 | EUR | 500 | 524,119 |
Anchorage Capital CLO Ltd. (Cayman Islands), Series 2022-25A, Class A1, 144A, 3 Month SOFR + 1.390% (Cap N/A, Floor 1.390%) | 6.438(c) | 04/20/35 | 500 | 489,311 | |
Apidos CLO Ltd. (Jersey), Series 2023-44A, Class A1, 144A, 3 Month SOFR + 2.000% (Cap N/A, Floor 2.000%) | 7.057(c) | 04/26/35 | 750 | 748,384 | |
Atlas Senior Loan Fund Ltd. (Cayman Islands), Series 2019-14A, Class AR, 144A, 3 Month LIBOR + 1.160% (Cap N/A, Floor 1.160%) | 6.410(c) | 07/20/32 | 500 | 493,027 | |
Avoca Capital CLO Ltd. (Ireland), Series 10A, Class B1, 144A, 3 Month EURIBOR + 1.350% (Cap N/A, Floor 1.350%) | 4.527(c) | 04/15/35 | EUR | 250 | 252,092 |
Bain Capital Credit CLO Ltd. (Cayman Islands), Series 2022-01A, Class A1, 144A, 3 Month SOFR + 1.320% (Cap N/A, Floor 1.320%) | 6.302(c) | 04/18/35 | 250 | 244,369 | |
Balboa Bay Loan Funding Ltd. (Cayman Islands), Series 2021-02A, Class A1, 144A, 3 Month LIBOR + 1.170% (Cap N/A, Floor 1.170%) | 6.420(c) | 01/20/35 | 500 | 487,726 | |
Ballyrock CLO Ltd. (Cayman Islands), Series 2020-02A, Class A1R, 144A, 3 Month LIBOR + 1.010% (Cap N/A, Floor 1.010%) | 6.260(c) | 10/20/31 | 250 | 246,409 |
Description | Interest Rate | Maturity Date | Principal Amount (000)# | Value | |
Asset-Backed Securities (Continued) | |||||
Collateralized Loan Obligations (cont’d.) | |||||
Barings CLO Ltd. (Cayman Islands), Series 2020-02A, Class AR, 144A, 3 Month LIBOR + 1.010% (Cap N/A, Floor 1.010%) | 6.270 %(c) | 10/15/33 | 250 | $246,955 | |
Battalion CLO Ltd. (Cayman Islands), | |||||
Series 2016-10A, Class A1R2, 144A, 3 Month LIBOR + 1.170% (Cap N/A, Floor 1.170%) | 6.443(c) | 01/25/35 | 750 | 731,115 | |
Series 2018-12A, Class A1, 144A, 3 Month LIBOR + 1.070% (Cap N/A, Floor 1.070%) | 6.400(c) | 05/17/31 | 495 | 486,968 | |
Benefit Street Partners CLO Ltd. (Cayman Islands), Series 2013-03A, Class A1R2, 144A, 3 Month LIBOR + 1.000% (Cap N/A, Floor 1.000%) | 6.250(c) | 07/20/29 | 75 | 74,666 | |
Canyon Capital CLO Ltd. (Cayman Islands), Series 2022-01A, Class A, 144A, 3 Month SOFR + 1.330% (Cap N/A, Floor 1.330%) | 6.312(c) | 04/15/35 | 292 | 283,992 | |
Carlyle CLO Ltd. (Cayman Islands), Series C17A, Class A1AR, 144A, 3 Month LIBOR + 1.030% (Cap N/A, Floor 0.000%) | 6.329(c) | 04/30/31 | 250 | 247,130 | |
Carlyle Global Market Strategies CLO Ltd. (Cayman Islands), Series 2014-01A, Class A1R2, 144A, 3 Month LIBOR + 0.970% (Cap N/A, Floor 0.970%) | 6.230(c) | 04/17/31 | 249 | 246,194 | |
Carlyle US CLO Ltd. (Cayman Islands), Series 2021-11A, Class A, 144A, 3 Month LIBOR + 1.095% (Cap N/A, Floor 1.095%) | 6.350(c) | 01/25/33 | 500 | 492,055 | |
CarVal CLO Ltd. (Jersey), Series 2023-01A, Class A1, 144A, 3 Month SOFR + 2.200% (Cap N/A, Floor 2.200%) | 6.883(c) | 01/20/35 | 500 | 498,105 | |
Cordatus CLO PLC (Ireland), Series 23A, Class B1, 144A, 3 Month EURIBOR + 2.300% (Cap N/A, Floor 2.300%) | 5.561(c) | 04/25/36 | EUR | 250 | 260,443 |
Crown City CLO (Cayman Islands), Series 2020-02A, Class A1AR, 144A, 3 Month SOFR + 1.340% (Cap N/A, Floor 1.340%) | 6.388(c) | 04/20/35 | 250 | 243,128 | |
Crown Point CLO Ltd. (Cayman Islands), Series 2021-11A, Class A, 144A, 3 Month LIBOR + 1.120% (Cap N/A, Floor 1.120%) | 6.380(c) | 01/17/34 | 500 | 488,425 | |
Elevation CLO Ltd. (Cayman Islands), Series 2018-03A, Class A1R, 144A, 3 Month LIBOR + 1.210% (Cap N/A, Floor 1.210%) | 6.465(c) | 01/25/35 | 500 | 487,308 |
Description | Interest Rate | Maturity Date | Principal Amount (000)# | Value | |
Asset-Backed Securities (Continued) | |||||
Collateralized Loan Obligations (cont’d.) | |||||
Generate CLO Ltd. (Cayman Islands), Series 4A, Class A1R, 144A, 3 Month LIBOR + 1.090% (Cap N/A, Floor 0.000%) | 6.340 %(c) | 04/20/32 | 250 | $247,284 | |
Greenwood Park CLO Ltd. (Cayman Islands), Series 2018-01A, Class A2, 144A, 3 Month LIBOR + 1.010% (Cap N/A, Floor 0.000%) | 6.270(c) | 04/15/31 | 250 | 246,916 | |
Greywolf CLO Ltd. (Cayman Islands), Series 2018-01A, Class A1, 144A, 3 Month SOFR + 1.290% (Cap N/A, Floor 0.000%) | 6.358(c) | 04/26/31 | 330 | 325,267 | |
Grosvenor Place CLO DAC (Ireland), Series 22-1A, Class A, 144A, 3 Month EURIBOR + 2.000% (Cap N/A, Floor 2.000%) | 5.412(c) | 11/24/35 | EUR | 750 | 796,594 |
HPS Loan Management Ltd. (Cayman Islands), Series 10A-16, Class A1RR, 144A, 3 Month LIBOR + 1.140% (Cap N/A, Floor 1.140%) | 6.390(c) | 04/20/34 | 300 | 292,866 | |
ICG US CLO Ltd. (Cayman Islands), | |||||
Series 2014-03A, Class A1RR, 144A, 3 Month LIBOR + 1.030% (Cap N/A, Floor 0.000%) | 6.285(c) | 04/25/31 | 249 | 246,236 | |
Series 2015-02RA, Class A1, 144A, 3 Month LIBOR + 1.370% (Cap N/A, Floor 1.370%) | 6.630(c) | 01/16/33 | 250 | 246,123 | |
KKR CLO Ltd. (Cayman Islands), | |||||
Series 11, Class AR, 144A, 3 Month LIBOR + 1.180% (Cap N/A, Floor 1.180%) | 6.440(c) | 01/15/31 | 242 | 239,032 | |
Series 33A, Class A, 144A, 3 Month LIBOR + 1.170% (Cap N/A, Floor 1.170%) | 6.420(c) | 07/20/34 | 500 | 489,006 | |
Madison Park Euro Funding (Ireland), Series 14A, Class A1R, 144A, 3 Month EURIBOR + 0.800% (Cap N/A, Floor 0.800%) | 3.977(c) | 07/15/32 | EUR | 250 | 260,124 |
Madison Park Funding Ltd. (Cayman Islands), Series 2021-38A, Class A, 144A, 3 Month LIBOR + 1.120% (Cap N/A, Floor 1.120%) | 6.380(c) | 07/17/34 | 250 | 243,622 | |
OCP CLO Ltd. (Cayman Islands), Series 2015-09A, Class A1R2, 144A, 3 Month SOFR + 1.250% (Cap N/A, Floor 1.250%) | 6.236(c) | 01/15/33 | 250 | 244,924 | |
OFSI BSL Ltd. (Cayman Islands), Series 2022-11A, Class A1, 144A, 3 Month SOFR + 2.100% (Cap N/A, Floor 2.100%) | 7.082(c) | 07/18/31 | 500 | 499,897 | |
OZLM Ltd. (Cayman Islands), Series 2018-18A, Class A, 144A, 3 Month LIBOR + 1.020% (Cap N/A, Floor 1.020%) | 6.280(c) | 04/15/31 | 250 | 245,676 |
Description | Interest Rate | Maturity Date | Principal Amount (000)# | Value | |
Asset-Backed Securities (Continued) | |||||
Collateralized Loan Obligations (cont’d.) | |||||
Palmer Square CLO Ltd. (Cayman Islands), | |||||
Series 2015-01A, Class A2R4, 144A, 3 Month LIBOR + 1.700% (Cap N/A, Floor 1.700%) | 7.079 %(c) | 05/21/34 | 465 | $454,791 | |
Series 2018-02A, Class A1A, 144A, 3 Month LIBOR + 1.100% (Cap N/A, Floor 0.000%) | 6.360(c) | 07/16/31 | 500 | 496,788 | |
Palmer Square European CLO DAC (Ireland), Series 22-2A, Class A1, 144A, 3 Month EURIBOR + 2.200% (Cap N/A, Floor 2.200%) | 4.642(c) | 01/15/36 | EUR | 250 | 267,605 |
Park Avenue Institutional Advisers CLO Ltd. (Cayman Islands), | |||||
Series 2018-01A, Class A1AR, 144A, 3 Month LIBOR + 1.000% (Cap N/A, Floor 1.000%) | 6.250(c) | 10/20/31 | 250 | 246,342 | |
Series 2019-02A, Class A1R, 144A, 3 Month LIBOR + 1.180% (Cap N/A, Floor 1.180%) | 6.440(c) | 10/15/34 | 500 | 487,583 | |
Regatta Funding Ltd. (Cayman Islands), Series 2021-04A, Class A1, 144A, 3 Month LIBOR + 1.150% (Cap N/A, Floor 1.150%) | 6.400(c) | 01/20/35 | 750 | 731,091 | |
Rockford Tower CLO Ltd., Series 2022-02A, Class A1, 144A, 3 Month SOFR + 2.000% (Cap N/A, Floor 2.000%) | 7.048(c) | 07/20/33 | 750 | 750,248 | |
TCW CLO Ltd. (Cayman Islands), Series 2019-02A, Class A1R, 144A, 3 Month SOFR + 1.280% (Cap N/A, Floor 1.280%) | 6.328(c) | 10/20/32 | 250 | 245,796 | |
Tikehau US CLO Ltd. (Bermuda), Series 2023-01A, Class A1, 144A | —(p) | 07/15/34 | 750 | 750,000 | |
Trinitas CLO Ltd. (Cayman Islands), Series 2016-05A, Class ARR, 144A, 3 Month LIBOR + 1.030% (Cap N/A, Floor 1.030%) | 6.285(c) | 10/25/28 | 19 | 18,794 | |
Trinitas Euro CLO (Ireland), Series 02A, Class CR, 144A, 3 Month EURIBOR + 3.750% (Cap N/A, Floor 3.750%) | 6.927(c) | 04/15/35 | EUR | 500 | 524,238 |
TSTAT Ltd., Series 2022-01A, Class A1, 144A, 3 Month SOFR + 2.300% (Cap N/A, Floor 2.300%) | 7.348(c) | 07/20/31 | 470 | 470,815 | |
Venture CLO Ltd. (Cayman Islands), Series 2021-43A, Class A1, 144A, 3 Month LIBOR + 1.240% (Cap N/A, Floor 1.240%) | 6.500(c) | 04/15/34 | 250 | 242,379 | |
19,325,994 |
Description | Interest Rate | Maturity Date | Principal Amount (000)# | Value | |
Asset-Backed Securities (Continued) | |||||
Consumer Loans 0.8% | |||||
Mariner Finance Issuance Trust, Series 2020-AA, Class A, 144A | 2.190 % | 08/21/34 | 150 | $144,217 | |
OneMain Financial Issuance Trust, Series 2023-01A, Class A, 144A | 5.500 | 06/14/38 | 400 | 397,711 | |
Oportun Issuance Trust, Series 2022-02, Class A, 144A | 5.940 | 10/09/29 | 87 | 86,869 | |
Regional Management Issuance Trust, Series 2022-01, Class A, 144A | 3.070 | 03/15/32 | 100 | 93,257 | |
722,054 | |||||
Total Asset-Backed Securities (cost $20,760,539) | 20,640,778 | ||||
Commercial Mortgage-Backed Securities 9.9% | |||||
BANK, | |||||
Series 2021-BN35, Class A4 | 2.031 | 06/15/64 | 500 | 399,586 | |
Series 2021-BN38, Class A4 | 2.275 | 12/15/64 | 250 | 202,255 | |
Bank of America Merrill Lynch Commercial Mortgage Trust, Series 2017-BNK03, Class XB, IO | 0.585(cc) | 02/15/50 | 8,410 | 165,252 | |
Barclays Commercial Mortgage Securities Trust, Series 2020-C07, Class XB, IO | 0.986(cc) | 04/15/53 | 1,019 | 59,411 | |
Benchmark Mortgage Trust, | |||||
Series 2020-B19, Class A1 | 0.628 | 09/15/53 | 315 | 297,756 | |
Series 2023-V02, Class A3 | 5.812 | 05/15/55 | 500 | 510,444 | |
BX Commercial Mortgage Trust, | |||||
Series 2019-XL, Class F, 144A, 1 Month SOFR + 2.114% (Cap N/A, Floor 2.114%) | 7.174(c) | 10/15/36 | 255 | 248,244 | |
Series 2019-XL, Class J, 144A, 1 Month SOFR + 2.764% (Cap N/A, Floor 2.764%) | 7.824(c) | 10/15/36 | 340 | 327,755 | |
Series 2021-CIP, Class E, 144A, 1 Month LIBOR + 2.820% (Cap N/A, Floor 2.820%) | 7.927(c) | 12/15/38 | 150 | 141,330 | |
BXP Trust, Series 2021-601L, Class A, 144A | 2.618 | 01/15/44 | 250 | 191,666 | |
CCUBS Commercial Mortgage Trust, Series 2017-C01, Class A3 | 3.283(cc) | 11/15/50 | 1,200 | 1,095,187 | |
Citigroup Commercial Mortgage Trust, Series 2019-GC43, Class A3 | 2.782 | 11/10/52 | 500 | 428,333 |
Description | Interest Rate | Maturity Date | Principal Amount (000)# | Value | |
Commercial Mortgage-Backed Securities (Continued) | |||||
Commercial Mortgage Trust, Series 2014-UBS04, Class A5 | 3.694 % | 08/10/47 | 1,000 | $965,765 | |
Credit Suisse Mortgage Trust, Series 2014-USA, Class A2, 144A | 3.953 | 09/15/37 | 250 | 214,403 | |
CSAIL Commercial Mortgage Trust, Series 2019-C16, Class A2 | 3.067 | 06/15/52 | 232 | 205,566 | |
GS Mortgage Securities Corp. Trust, Series 2021-IP, Class E, 144A, 1 Month LIBOR + 3.550% (Cap N/A, Floor 3.550%) | 8.657(c) | 10/15/36 | 180 | 158,798 | |
GS Mortgage Securities Trust, | |||||
Series 2021-GSA03, Class A4 | 2.369 | 12/15/54 | 200 | 162,512 | |
Series 2021-GSA03, Class XB, IO | 0.624(cc) | 12/15/54 | 2,000 | 88,910 | |
JPMorgan Chase Commercial Mortgage Securities Trust, Series 2021-NYAH, Class F, 144A, 1 Month LIBOR + 2.190% (Cap N/A, Floor 2.190%) | 7.297(c) | 06/15/38 | 374 | 336,558 | |
MHC Commercial Mortgage Trust, Series 2021-MHC, Class F, 144A, 1 Month SOFR + 2.715% (Cap N/A, Floor 2.715%) | 7.774(c) | 04/15/38 | 369 | 354,083 | |
Morgan Stanley Capital I Trust, | |||||
Series 2016-BNK02, Class A3 | 2.791 | 11/15/49 | 1,000 | 914,427 | |
Series 2019-L02, Class A3 | 3.806 | 03/15/52 | 325 | 303,092 | |
Series 2020-HR08, Class A3 | 1.790 | 07/15/53 | 365 | 292,394 | |
MSWF Commercial Mortgage Trust, Series 2023-01, Class A2 | 6.451 | 05/15/28 | 500 | 514,887 | |
ONE Mortgage Trust, Series 2021-PARK, Class E, 144A, 1 Month SOFR + 1.864% (Cap N/A, Floor 1.864%) | 6.923(c) | 03/15/36 | 120 | 106,871 | |
One New York Plaza Trust, | |||||
Series 2020-01NYP, Class AJ, 144A, 1 Month LIBOR + 1.250% (Cap N/A, Floor 1.250%) | 6.357(c) | 01/15/36 | 310 | 287,958 | |
Series 2020-01NYP, Class B, 144A, 1 Month LIBOR + 1.500% (Cap N/A, Floor 1.500%) | 6.607(c) | 01/15/36 | 175 | 159,670 | |
Total Commercial Mortgage-Backed Securities (cost $9,625,925) | 9,133,113 | ||||
Corporate Bonds 33.9% | |||||
Aerospace & Defense 0.4% | |||||
Boeing Co. (The), | |||||
Sr. Unsec’d. Notes | 3.300 | 03/01/35 | 190 | 148,151 |
Description | Interest Rate | Maturity Date | Principal Amount (000)# | Value | |
Corporate Bonds (Continued) | |||||
Aerospace & Defense (cont’d.) | |||||
Boeing Co. (The), (cont’d.) | |||||
Sr. Unsec’d. Notes | 3.900 % | 05/01/49 | 180 | $134,986 | |
Bombardier, Inc. (Canada), Sr. Unsec’d. Notes, 144A | 7.875 | 04/15/27 | 75 | 73,847 | |
356,984 | |||||
Agriculture 0.9% | |||||
Altria Group, Inc., Gtd. Notes | 2.450 | 02/04/32 | 245 | 191,847 | |
BAT International Finance PLC (United Kingdom), | |||||
Gtd. Notes | 4.448 | 03/16/28 | 120 | 113,781 | |
Gtd. Notes, 144A | 3.950 | 06/15/25 | 105 | 101,567 | |
Philip Morris International, Inc., Sr. Unsec’d. Notes | 5.125 | 02/15/30 | 450 | 445,187 | |
852,382 | |||||
Airlines 0.2% | |||||
Southwest Airlines Co., Sr. Unsec’d. Notes | 5.125 | 06/15/27 | 140 | 139,384 | |
Apparel 0.1% | |||||
Kontoor Brands, Inc., Gtd. Notes, 144A | 4.125 | 11/15/29 | 50 | 41,867 | |
Wolverine World Wide, Inc., Gtd. Notes, 144A | 4.000 | 08/15/29 | 50 | 39,861 | |
81,728 | |||||
Auto Manufacturers 0.9% | |||||
Ford Motor Co., | |||||
Sr. Unsec’d. Notes | 4.750 | 01/15/43 | 50 | 36,892 | |
Sr. Unsec’d. Notes | 6.100 | 08/19/32 | 255 | 239,582 | |
Ford Motor Credit Co. LLC, Sr. Unsec’d. Notes | 4.271 | 01/09/27 | 200 | 183,620 |
Description | Interest Rate | Maturity Date | Principal Amount (000)# | Value | |
Corporate Bonds (Continued) | |||||
Auto Manufacturers (cont’d.) | |||||
General Motors Co., Sr. Unsec’d. Notes | 6.250 % | 10/02/43 | 150 | $141,692 | |
General Motors Financial Co., Inc., Sr. Unsec’d. Notes | 5.000 | 04/09/27 | 180 | 176,761 | |
778,547 | |||||
Banks 8.1% | |||||
Bank Gospodarstwa Krajowego (Poland), Gov’t. Gtd. Notes, 144A, MTN | 5.375 | 05/22/33 | 200 | 199,750 | |
Bank of America Corp., | |||||
Sr. Unsec’d. Notes | 5.288(ff) | 04/25/34 | 235 | 233,574 | |
Sr. Unsec’d. Notes, Series N | 2.651(ff) | 03/11/32 | 1,120 | 925,315 | |
Barclays PLC (United Kingdom), Sr. Unsec’d. Notes | 5.829(ff) | 05/09/27 | 340 | 338,961 | |
BNP Paribas SA (France), Sr. Unsec’d. Notes, 144A | 1.323(ff) | 01/13/27 | 415 | 370,701 | |
Citigroup, Inc., | |||||
Jr. Sub. Notes | 3.875(ff) | 02/18/26(oo) | 40 | 33,366 | |
Sr. Unsec’d. Notes | 2.666(ff) | 01/29/31 | 990 | 841,353 | |
Sub. Notes | 6.174(ff) | 05/25/34 | 70 | 70,999 | |
Credit Suisse Group AG (Switzerland), Sr. Unsec’d. Notes, 144A | 6.537(ff) | 08/12/33 | 270 | 272,975 | |
Deutsche Bank AG (Germany), Sr. Unsec’d. Notes | 2.311(ff) | 11/16/27 | 310 | 266,292 | |
Goldman Sachs Group, Inc. (The), | |||||
Jr. Sub. Notes, Series V | 4.125(ff) | 11/10/26(oo) | 55 | 44,886 | |
Sr. Unsec’d. Notes | 4.223(ff) | 05/01/29 | 735 | 696,573 | |
JPMorgan Chase & Co., | |||||
Jr. Sub. Notes, Series HH | 4.600(ff) | 02/01/25(oo) | 125 | 115,816 | |
Sr. Unsec’d. Notes | 2.739(ff) | 10/15/30 | 1,210 | 1,049,360 | |
Morgan Stanley, | |||||
Sr. Unsec’d. Notes | 6.342(ff) | 10/18/33 | 25 | 26,794 | |
Sr. Unsec’d. Notes, GMTN | 2.699(ff) | 01/22/31 | 520 | 444,837 | |
Sr. Unsec’d. Notes, MTN | 2.943(ff) | 01/21/33 | 450 | 375,878 | |
Sub. Notes, GMTN | 4.350 | 09/08/26 | 195 | 190,124 | |
Societe Generale SA (France), Sr. Unsec’d. Notes, 144A | 2.797(ff) | 01/19/28 | 195 | 172,966 | |
UBS Group AG (Switzerland), Sr. Unsec’d. Notes, 144A, SOFR + 1.580% | 6.671(c) | 05/12/26 | 200 | 200,118 |
Description | Interest Rate | Maturity Date | Principal Amount (000)# | Value | |
Corporate Bonds (Continued) | |||||
Banks (cont’d.) | |||||
Wells Fargo & Co., | |||||
Sr. Unsec’d. Notes | 5.389 %(ff) | 04/24/34 | 125 | $124,972 | |
Sr. Unsec’d. Notes, MTN | 2.879(ff) | 10/30/30 | 260 | 224,899 | |
Sr. Unsec’d. Notes, MTN | 4.808(ff) | 07/25/28 | 295 | 290,721 | |
7,511,230 | |||||
Beverages 0.0% | |||||
Anheuser-Busch Cos. LLC/Anheuser-Busch InBev Worldwide, Inc. (Belgium), Gtd. Notes | 4.900 | 02/01/46 | 40 | 37,699 | |
Biotechnology 0.3% | |||||
Amgen, Inc., Sr. Unsec’d. Notes | 5.600 | 03/02/43 | 290 | 287,334 | |
Building Materials 0.7% | |||||
Fortune Brands Innovations, Inc., Sr. Unsec’d. Notes | 3.250 | 09/15/29 | 175 | 152,726 | |
Griffon Corp., Gtd. Notes | 5.750 | 03/01/28 | 48 | 44,461 | |
JELD-WEN, Inc., Gtd. Notes, 144A | 4.625 | 12/15/25 | 100 | 96,520 | |
Masco Corp., Sr. Unsec’d. Notes | 3.500 | 11/15/27 | 230 | 217,265 | |
Smyrna Ready Mix Concrete LLC, Sr. Sec’d. Notes, 144A | 6.000 | 11/01/28 | 75 | 69,890 | |
Standard Industries, Inc., Sr. Unsec’d. Notes, 144A | 4.375 | 07/15/30 | 75 | 63,591 | |
644,453 | |||||
Chemicals 0.6% | |||||
CF Industries, Inc., Gtd. Notes | 5.150 | 03/15/34 | 130 | 123,309 | |
Chemours Co. (The), Gtd. Notes | 5.375 | 05/15/27 | 50 | 46,076 | |
FMC Corp., Sr. Unsec’d. Notes | 5.150 | 05/18/26 | 140 | 138,636 |
Description | Interest Rate | Maturity Date | Principal Amount (000)# | Value | |
Corporate Bonds (Continued) | |||||
Chemicals (cont’d.) | |||||
Nutrien Ltd. (Canada), Sr. Unsec’d. Notes | 4.900 % | 03/27/28 | 55 | $54,486 | |
RPM International, Inc., Sr. Unsec’d. Notes | 2.950 | 01/15/32 | 20 | 16,022 | |
Sasol Financing USA LLC (South Africa), Gtd. Notes | 5.875 | 03/27/24 | 200 | 196,787 | |
575,316 | |||||
Commercial Services 1.2% | |||||
Allied Universal Holdco LLC/Allied Universal Finance Corp., Sr. Sec’d. Notes, 144A | 6.625 | 07/15/26 | 125 | 117,199 | |
ERAC USA Finance LLC, | |||||
Gtd. Notes, 144A | 3.300 | 12/01/26 | 160 | 150,608 | |
Gtd. Notes, 144A | 4.900 | 05/01/33 | 355 | 348,905 | |
Herc Holdings, Inc., Gtd. Notes, 144A | 5.500 | 07/15/27 | 75 | 71,224 | |
Metis Merger Sub LLC, Sr. Unsec’d. Notes, 144A | 6.500 | 05/15/29 | 75 | 62,947 | |
Nexi SpA (Italy), Sr. Unsec’d. Notes | 2.125 | 04/30/29 | EUR | 252 | 226,257 |
RELX Capital, Inc. (United Kingdom), Gtd. Notes | 4.750 | 05/20/32 | 30 | 29,401 | |
Thomas Jefferson University, Sec’d. Notes | 3.847 | 11/01/57 | 25 | 18,096 | |
United Rentals North America, Inc., Gtd. Notes | 3.750 | 01/15/32 | 50 | 41,725 | |
Washington University (The), Sr. Unsec’d. Notes | 4.349 | 04/15/2122 | 80 | 65,447 | |
1,131,809 | |||||
Computers 0.6% | |||||
Leidos, Inc., Gtd. Notes | 4.375 | 05/15/30 | 500 | 456,213 | |
NCR Corp., Gtd. Notes, 144A | 6.125 | 09/01/29 | 50 | 49,595 | |
505,808 |
Description | Interest Rate | Maturity Date | Principal Amount (000)# | Value | |
Corporate Bonds (Continued) | |||||
Distribution/Wholesale 0.1% | |||||
H&E Equipment Services, Inc., Gtd. Notes, 144A | 3.875 % | 12/15/28 | 100 | $85,855 | |
Diversified Financial Services 0.6% | |||||
Cantor Fitzgerald LP, Sr. Unsec’d. Notes, 144A | 4.875 | 05/01/24 | 165 | 161,326 | |
Jefferies Financial Group, Inc., Sr. Unsec’d. Notes | 2.625 | 10/15/31 | 120 | 93,388 | |
LFS Topco LLC, Gtd. Notes, 144A | 5.875 | 10/15/26 | 25 | 21,784 | |
OneMain Finance Corp., Gtd. Notes | 6.875 | 03/15/25 | 25 | 24,107 | |
Power Finance Corp. Ltd. (India), Sr. Unsec’d. Notes, 144A, MTN | 6.150 | 12/06/28 | 200 | 205,162 | |
505,767 | |||||
Electric 1.6% | |||||
AEP Texas, Inc., Sr. Unsec’d. Notes | 5.400 | 06/01/33 | 225 | 225,921 | |
Calpine Corp., | |||||
Sr. Sec’d. Notes, 144A | 3.750 | 03/01/31 | 75 | 61,208 | |
Sr. Unsec’d. Notes, 144A | 5.000 | 02/01/31 | 50 | 40,297 | |
Comision Federal de Electricidad (Mexico), Gtd. Notes, 144A | 4.688 | 05/15/29 | 200 | 178,413 | |
Edison International, Sr. Unsec’d. Notes | 5.250 | 11/15/28 | 130 | 128,316 | |
Eskom Holdings SOC Ltd. (South Africa), Sr. Unsec’d. Notes, 144A, MTN | 6.750 | 08/06/23 | 200 | 197,725 | |
NRG Energy, Inc., | |||||
Gtd. Notes, 144A | 3.375 | 02/15/29 | 50 | 41,217 | |
Gtd. Notes, 144A | 3.875 | 02/15/32 | 50 | 38,876 | |
Pacific Gas & Electric Co., First Mortgage | 4.500 | 07/01/40 | 110 | 85,335 | |
Puget Energy, Inc., Sr. Sec’d. Notes | 4.224 | 03/15/32 | 145 | 131,802 | |
Sempra Energy, Jr. Sub. Notes | 4.125(ff) | 04/01/52 | 120 | 97,031 | |
Southern California Edison Co., | |||||
First Mortgage | 3.450 | 02/01/52 | 30 | 21,345 |
Description | Interest Rate | Maturity Date | Principal Amount (000)# | Value | |
Corporate Bonds (Continued) | |||||
Electric (cont’d.) | |||||
Southern California Edison Co., (cont’d.) | |||||
First Mortgage | 5.300 % | 03/01/28 | 110 | $112,008 | |
Southern Co. (The), Jr. Sub. Notes | 5.113 | 08/01/27 | 40 | 39,881 | |
Vistra Corp., Jr. Sub. Notes, 144A | 7.000(ff) | 12/15/26(oo) | 25 | 22,010 | |
Vistra Operations Co. LLC, Gtd. Notes, 144A | 4.375 | 05/01/29 | 50 | 43,744 | |
1,465,129 | |||||
Electronics 0.1% | |||||
Likewize Corp., Sr. Sec’d. Notes, 144A (original cost $50,125; purchased 04/12/22)(f) | 9.750 | 10/15/25 | 50 | 46,540 | |
Engineering & Construction 0.2% | |||||
Mexico City Airport Trust (Mexico), Sr. Sec’d. Notes, 144A | 4.250 | 10/31/26 | 200 | 191,250 | |
Entertainment 0.4% | |||||
Caesars Entertainment, Inc., Sr. Sec’d. Notes, 144A | 7.000 | 02/15/30 | 75 | 75,252 | |
Golden Entertainment, Inc., Sr. Unsec’d. Notes, 144A | 7.625 | 04/15/26 | 50 | 50,033 | |
Penn Entertainment, Inc., Sr. Unsec’d. Notes, 144A | 4.125 | 07/01/29 | 50 | 40,371 | |
Warnermedia Holdings, Inc., | |||||
Gtd. Notes | 5.050 | 03/15/42 | 95 | 76,865 | |
Gtd. Notes | 5.141 | 03/15/52 | 155 | 121,050 | |
363,571 | |||||
Foods 0.6% | |||||
B&G Foods, Inc., Gtd. Notes | 5.250 | 04/01/25 | 50 | 47,134 | |
Bellis Finco PLC (United Kingdom), Gtd. Notes | 4.000 | 02/16/27 | GBP | 218 | 203,349 |
Chobani LLC/Chobani Finance Corp., Inc., Gtd. Notes, 144A | 7.500 | 04/15/25 | 25 | 24,842 |
Description | Interest Rate | Maturity Date | Principal Amount (000)# | Value | |
Corporate Bonds (Continued) | |||||
Foods (cont’d.) | |||||
JBS USA LUX SA/JBS USA Food Co./JBS USA Finance, Inc., Gtd. Notes, 144A | 5.125 % | 02/01/28 | 45 | $43,259 | |
Lamb Weston Holdings, Inc., | |||||
Gtd. Notes, 144A | 4.125 | 01/31/30 | 25 | 22,321 | |
Gtd. Notes, 144A | 4.375 | 01/31/32 | 25 | 22,207 | |
Market Bidco Finco PLC (United Kingdom), Sr. Sec’d. Notes, 144A | 5.500 | 11/04/27 | GBP | 100 | 97,391 |
Pilgrim’s Pride Corp., Gtd. Notes | 3.500 | 03/01/32 | 50 | 39,941 | |
Post Holdings, Inc., Sr. Unsec’d. Notes, 144A | 4.500 | 09/15/31 | 75 | 63,574 | |
564,018 | |||||
Gas 0.1% | |||||
NiSource, Inc., Sr. Unsec’d. Notes | 5.250 | 03/30/28 | 40 | 40,302 | |
Piedmont Natural Gas Co., Inc., Sr. Unsec’d. Notes | 5.050 | 05/15/52 | 75 | 68,179 | |
108,481 | |||||
Healthcare-Products 0.3% | |||||
Avantor Funding, Inc., Gtd. Notes | 3.875 | 07/15/28 | EUR | 192 | 188,455 |
Medline Borrower LP, | |||||
Sr. Sec’d. Notes, 144A | 3.875 | 04/01/29 | 25 | 21,601 | |
Sr. Unsec’d. Notes, 144A | 5.250 | 10/01/29 | 25 | 21,479 | |
231,535 | |||||
Healthcare-Services 1.6% | |||||
DaVita, Inc., Gtd. Notes, 144A | 4.625 | 06/01/30 | 150 | 128,680 | |
Inova Health System Foundation, Unsec’d. Notes | 4.068 | 05/15/52 | 250 | 211,527 | |
Legacy LifePoint Health LLC, Sr. Sec’d. Notes, 144A | 4.375 | 02/15/27 | 75 | 56,478 |
Description | Interest Rate | Maturity Date | Principal Amount (000)# | Value | |
Corporate Bonds (Continued) | |||||
Healthcare-Services (cont’d.) | |||||
Nationwide Children’s Hospital, Inc., Unsec’d. Notes | 4.556 % | 11/01/52 | 220 | $201,726 | |
Presbyterian Healthcare Services, Unsec’d. Notes | 4.875 | 08/01/52 | 150 | 148,459 | |
Queen’s Health Systems (The), Sec’d. Notes | 4.810 | 07/01/52 | 90 | 85,279 | |
Tenet Healthcare Corp., | |||||
Gtd. Notes | 6.125 | 10/01/28 | 25 | 23,697 | |
Sr. Sec’d. Notes, 144A | 6.750 | 05/15/31 | 125 | 124,878 | |
UnitedHealth Group, Inc., Sr. Unsec’d. Notes | 5.200 | 04/15/63 | 455 | 445,497 | |
1,426,221 | |||||
Home Builders 0.4% | |||||
Ashton Woods USA LLC/Ashton Woods Finance Co., Sr. Unsec’d. Notes, 144A | 4.625 | 08/01/29 | 50 | 42,072 | |
Beazer Homes USA, Inc., Gtd. Notes | 7.250 | 10/15/29 | 75 | 71,265 | |
Brookfield Residential Properties, Inc./Brookfield Residential US LLC (Canada), Gtd. Notes, 144A | 4.875 | 02/15/30 | 75 | 56,914 | |
Century Communities, Inc., Gtd. Notes | 6.750 | 06/01/27 | 50 | 49,952 | |
Empire Communities Corp. (Canada), Sr. Unsec’d. Notes, 144A | 7.000 | 12/15/25 | 50 | 45,750 | |
Forestar Group, Inc., Gtd. Notes, 144A | 3.850 | 05/15/26 | 50 | 46,077 | |
Shea Homes LP/Shea Homes Funding Corp., Sr. Unsec’d. Notes | 4.750 | 04/01/29 | 50 | 43,701 | |
355,731 | |||||
Housewares 0.0% | |||||
Scotts Miracle-Gro Co. (The), Gtd. Notes | 4.000 | 04/01/31 | 50 | 39,540 | |
Insurance 0.5% | |||||
Corebridge Financial, Inc., Sr. Unsec’d. Notes | 4.400 | 04/05/52 | 100 | 76,054 |
Description | Interest Rate | Maturity Date | Principal Amount (000)# | Value | |
Corporate Bonds (Continued) | |||||
Insurance (cont’d.) | |||||
Fairfax Financial Holdings Ltd. (Canada), | |||||
Sr. Unsec’d. Notes | 3.375 % | 03/03/31 | 115 | $96,438 | |
Sr. Unsec’d. Notes | 5.625 | 08/16/32 | 135 | 132,162 | |
Liberty Mutual Group, Inc., Gtd. Notes, 144A | 4.569 | 02/01/29 | 165 | 156,904 | |
461,558 | |||||
Internet 0.1% | |||||
Gen Digital, Inc., Sr. Unsec’d. Notes, 144A | 5.000 | 04/15/25 | 125 | 122,182 | |
Iron/Steel 0.1% | |||||
Steel Dynamics, Inc., Sr. Unsec’d. Notes | 3.450 | 04/15/30 | 120 | 106,796 | |
Leisure Time 0.0% | |||||
Royal Caribbean Cruises Ltd., Gtd. Notes, 144A | 7.250 | 01/15/30 | 25 | 25,141 | |
Lodging 0.1% | |||||
Marriott International, Inc., Sr. Unsec’d. Notes | 4.900 | 04/15/29 | 30 | 29,428 | |
MGM Resorts International, Gtd. Notes | 4.750 | 10/15/28 | 75 | 68,303 | |
97,731 | |||||
Machinery-Diversified 0.2% | |||||
Chart Industries, Inc., Sr. Sec’d. Notes, 144A | 7.500 | 01/01/30 | 50 | 50,516 | |
Westinghouse Air Brake Technologies Corp., Gtd. Notes | 4.950 | 09/15/28 | 140 | 136,294 | |
186,810 | |||||
Media 1.1% | |||||
CCO Holdings LLC/CCO Holdings Capital Corp., | |||||
Sr. Unsec’d. Notes | 4.500 | 05/01/32 | 50 | 39,281 | |
Sr. Unsec’d. Notes, 144A | 4.250 | 01/15/34 | 25 | 18,492 |
Description | Interest Rate | Maturity Date | Principal Amount (000)# | Value | |
Corporate Bonds (Continued) | |||||
Media (cont’d.) | |||||
CCO Holdings LLC/CCO Holdings Capital Corp., (cont’d.) | |||||
Sr. Unsec’d. Notes, 144A | 4.500 % | 06/01/33 | 100 | $76,339 | |
Charter Communications Operating LLC/Charter Communications Operating Capital, Sr. Sec’d. Notes | 3.900 | 06/01/52 | 400 | 251,459 | |
CSC Holdings LLC, Gtd. Notes, 144A | 6.500 | 02/01/29 | 400 | 316,864 | |
Diamond Sports Group LLC/Diamond Sports Finance Co., Sec’d. Notes, 144A | 5.375 | 08/15/26(d) | 200 | 8,301 | |
DISH DBS Corp., Gtd. Notes | 5.125 | 06/01/29 | 50 | 22,616 | |
DISH Network Corp., Sr. Sec’d. Notes, 144A | 11.750 | 11/15/27 | 75 | 72,115 | |
Gray Television, Inc., Gtd. Notes, 144A | 5.875 | 07/15/26 | 25 | 21,542 | |
Virgin Media Secured Finance PLC (United Kingdom), Sr. Sec’d. Notes | 4.250 | 01/15/30 | GBP | 206 | 195,520 |
1,022,529 | |||||
Mining 0.9% | |||||
Freeport-McMoRan, Inc., Gtd. Notes | 5.400 | 11/14/34 | 135 | 129,468 | |
Hecla Mining Co., Gtd. Notes | 7.250 | 02/15/28 | 25 | 24,646 | |
Indonesia Asahan Aluminium Persero PT (Indonesia), Sr. Unsec’d. Notes | 4.750 | 05/15/25 | 200 | 196,038 | |
Kinross Gold Corp. (Canada), Gtd. Notes | 4.500 | 07/15/27 | 150 | 146,046 | |
Newmont Corp., | |||||
Gtd. Notes | 2.250 | 10/01/30 | 160 | 132,701 | |
Gtd. Notes | 2.600 | 07/15/32 | 265 | 217,385 | |
846,284 |
Description | Interest Rate | Maturity Date | Principal Amount (000)# | Value | |
Corporate Bonds (Continued) | |||||
Miscellaneous Manufacturing 0.1% | |||||
Teledyne Technologies, Inc., Gtd. Notes | 2.750 % | 04/01/31 | 115 | $97,236 | |
Office/Business Equipment 0.1% | |||||
CDW LLC/CDW Finance Corp., Gtd. Notes | 2.670 | 12/01/26 | 140 | 125,751 | |
Oil & Gas 2.6% | |||||
Aker BP ASA (Norway), | |||||
Gtd. Notes, 144A | 2.000 | 07/15/26 | 200 | 180,066 | |
Gtd. Notes, 144A | 3.100 | 07/15/31 | 200 | 165,886 | |
BP Capital Markets America, Inc., Gtd. Notes | 4.812 | 02/13/33 | 300 | 296,753 | |
Cenovus Energy, Inc. (Canada), Sr. Unsec’d. Notes | 3.750 | 02/15/52 | 100 | 68,176 | |
Chesapeake Energy Corp., Gtd. Notes, 144A | 5.875 | 02/01/29 | 50 | 47,101 | |
CITGO Petroleum Corp., Sr. Sec’d. Notes, 144A | 7.000 | 06/15/25 | 75 | 73,680 | |
ConocoPhillips Co., Gtd. Notes | 5.300 | 05/15/53 | 115 | 114,714 | |
Devon Energy Corp., Sr. Unsec’d. Notes | 5.875 | 06/15/28 | 95 | 95,095 | |
Ecopetrol SA (Colombia), | |||||
Sr. Unsec’d. Notes | 6.875 | 04/29/30 | 30 | 26,719 | |
Sr. Unsec’d. Notes | 8.875 | 01/13/33 | 100 | 97,283 | |
Endeavor Energy Resources LP/EER Finance, Inc., Sr. Unsec’d. Notes, 144A | 5.750 | 01/30/28 | 75 | 74,274 | |
Energean Israel Finance Ltd. (Israel), | |||||
Sr. Sec’d. Notes, 144A | 4.500 | 03/30/24 | 30 | 29,246 | |
Sr. Sec’d. Notes, 144A | 4.875 | 03/30/26 | 90 | 82,648 | |
Sr. Sec’d. Notes, 144A | 5.375 | 03/30/28 | 40 | 35,658 | |
Helmerich & Payne, Inc., Sr. Unsec’d. Notes | 2.900 | 09/29/31 | 65 | 52,798 | |
Hilcorp Energy I LP/Hilcorp Finance Co., | |||||
Sr. Unsec’d. Notes, 144A | 6.000 | 04/15/30 | 25 | 22,588 | |
Sr. Unsec’d. Notes, 144A | 6.250 | 04/15/32 | 75 | 67,294 | |
Petroleos Mexicanos (Mexico), | |||||
Gtd. Notes | 4.750 | 02/26/29 | EUR | 100 | 78,952 |
Description | Interest Rate | Maturity Date | Principal Amount (000)# | Value | |
Corporate Bonds (Continued) | |||||
Oil & Gas (cont’d.) | |||||
Petroleos Mexicanos (Mexico), (cont’d.) | |||||
Gtd. Notes | 5.350 % | 02/12/28 | 100 | $80,345 | |
Gtd. Notes | 6.500 | 03/13/27 | 200 | 172,530 | |
Gtd. Notes | 6.500 | 01/23/29 | 100 | 81,331 | |
Gtd. Notes, EMTN | 4.875 | 02/21/28 | EUR | 130 | 109,411 |
Pioneer Natural Resources Co., Sr. Unsec’d. Notes | 2.150 | 01/15/31 | 125 | 102,136 | |
Southwestern Energy Co., Gtd. Notes | 4.750 | 02/01/32 | 25 | 21,632 | |
Var Energi ASA (Norway), Sr. Unsec’d. Notes, 144A | 5.000 | 05/18/27 | 200 | 192,234 | |
2,368,550 | |||||
Packaging & Containers 0.3% | |||||
AptarGroup, Inc., Sr. Unsec’d. Notes | 3.600 | 03/15/32 | 140 | 119,236 | |
Ball Corp., Gtd. Notes | 6.000 | 06/15/29 | 50 | 50,066 | |
Pactiv Evergreen Group Issuer LLC/Pactiv Evergreen Group Issuer, Inc., Sr. Sec’d. Notes, 144A | 4.375 | 10/15/28 | 100 | 87,056 | |
256,358 | |||||
Pharmaceuticals 1.1% | |||||
AbbVie, Inc., Sr. Unsec’d. Notes | 4.050 | 11/21/39 | 265 | 227,271 | |
Bausch Health Cos., Inc., Gtd. Notes, 144A | 6.250 | 02/15/29 | 50 | 22,000 | |
Cigna Group (The), Sr. Unsec’d. Notes | 3.200 | 03/15/40 | 235 | 178,982 | |
CVS Health Corp., | |||||
Sr. Unsec’d. Notes | 2.700 | 08/21/40 | 130 | 89,731 | |
Sr. Unsec’d. Notes | 3.250 | 08/15/29 | 225 | 203,780 | |
Merck & Co., Inc., Sr. Unsec’d. Notes | 2.900 | 12/10/61 | 55 | 35,988 |
Description | Interest Rate | Maturity Date | Principal Amount (000)# | Value | |
Corporate Bonds (Continued) | |||||
Pharmaceuticals (cont’d.) | |||||
Shire Acquisitions Investments Ireland DAC, Gtd. Notes | 3.200 % | 09/23/26 | 225 | $212,145 | |
Viatris, Inc., Gtd. Notes | 3.850 | 06/22/40 | 125 | 83,979 | |
1,053,876 | |||||
Pipelines 2.1% | |||||
Antero Midstream Partners LP/Antero Midstream Finance Corp., Gtd. Notes, 144A | 7.875 | 05/15/26 | 75 | 76,222 | |
Energy Transfer LP, | |||||
Jr. Sub. Notes, Series G | 7.125(ff) | 05/15/30(oo) | 85 | 71,880 | |
Sr. Unsec’d. Notes | 5.400 | 10/01/47 | 285 | 244,234 | |
EQM Midstream Partners LP, | |||||
Sr. Unsec’d. Notes, 144A | 7.500 | 06/01/27 | 25 | 25,121 | |
Sr. Unsec’d. Notes, 144A | 7.500 | 06/01/30 | 25 | 25,129 | |
Kinder Morgan, Inc., Gtd. Notes | 5.450 | 08/01/52 | 135 | 119,856 | |
MPLX LP, | |||||
Sr. Unsec’d. Notes | 4.950 | 03/14/52 | 55 | 45,389 | |
Sr. Unsec’d. Notes | 5.200 | 03/01/47 | 105 | 90,433 | |
Sr. Unsec’d. Notes | 5.650 | 03/01/53 | 50 | 45,708 | |
ONEOK, Inc., | |||||
Gtd. Notes | 4.450 | 09/01/49 | 150 | 111,755 | |
Gtd. Notes | 5.200 | 07/15/48 | 65 | 54,183 | |
Tallgrass Energy Partners LP/Tallgrass Energy Finance Corp., Gtd. Notes, 144A | 5.500 | 01/15/28 | 75 | 67,610 | |
Targa Resources Corp., | |||||
Gtd. Notes | 4.200 | 02/01/33 | 40 | 35,371 | |
Gtd. Notes | 6.500 | 02/15/53 | 150 | 146,976 | |
Western Midstream Operating LP, | |||||
Sr. Unsec’d. Notes | 4.650 | 07/01/26 | 150 | 144,850 | |
Sr. Unsec’d. Notes | 6.150 | 04/01/33 | 50 | 49,882 | |
Williams Cos., Inc. (The), | |||||
Sr. Unsec’d. Notes | 2.600 | 03/15/31 | 465 | 384,552 |
Description | Interest Rate | Maturity Date | Principal Amount (000)# | Value | |
Corporate Bonds (Continued) | |||||
Pipelines (cont’d.) | |||||
Williams Cos., Inc. (The), (cont’d.) | |||||
Sr. Unsec’d. Notes | 5.300 % | 08/15/52 | 145 | $131,120 | |
Sr. Unsec’d. Notes | 5.400 | 03/02/26 | 95 | 95,790 | |
1,966,061 | |||||
Real Estate 0.1% | |||||
Greystar Real Estate Partners LLC, Sr. Sec’d. Notes, 144A | 5.750 | 12/01/25 | 30 | 28,851 | |
Howard Hughes Corp. (The), Gtd. Notes, 144A | 4.375 | 02/01/31 | 50 | 39,899 | |
68,750 | |||||
Real Estate Investment Trusts (REITs) 2.1% | |||||
Alexandria Real Estate Equities, Inc., Gtd. Notes | 4.750 | 04/15/35 | 30 | 27,954 | |
Brixmor Operating Partnership LP, Sr. Unsec’d. Notes | 4.050 | 07/01/30 | 145 | 130,883 | |
Corporate Office Properties LP, Gtd. Notes | 2.750 | 04/15/31 | 115 | 85,655 | |
Crown Castle, Inc., Sr. Unsec’d. Notes | 4.800 | 09/01/28 | 255 | 250,856 | |
Diversified Healthcare Trust, Gtd. Notes | 4.375 | 03/01/31 | 75 | 53,713 | |
Extra Space Storage LP, Gtd. Notes | 3.900 | 04/01/29 | 135 | 124,607 | |
GLP Capital LP/GLP Financing II, Inc., | |||||
Gtd. Notes | 3.250 | 01/15/32 | 55 | 44,566 | |
Gtd. Notes | 5.250 | 06/01/25 | 160 | 156,612 | |
Kimco Realty OP LLC, Gtd. Notes | 4.600 | 02/01/33 | 90 | 83,343 | |
MPT Operating Partnership LP/MPT Finance Corp., Gtd. Notes | 5.000 | 10/15/27 | 150 | 123,286 | |
Realty Income Corp., Sr. Unsec’d. Notes | 4.700 | 12/15/28 | 270 | 263,664 | |
Spirit Realty LP, Gtd. Notes | 2.700 | 02/15/32 | 135 | 103,891 | |
Sun Communities Operating LP, | |||||
Gtd. Notes | 2.300 | 11/01/28 | 155 | 131,457 |
Description | Interest Rate | Maturity Date | Principal Amount (000)# | Value | |
Corporate Bonds (Continued) | |||||
Real Estate Investment Trusts (REITs) (cont’d.) | |||||
Sun Communities Operating LP, (cont’d.) | |||||
Gtd. Notes | 4.200 % | 04/15/32 | 80 | $69,904 | |
Gtd. Notes | 5.700 | 01/15/33 | 45 | 43,828 | |
VICI Properties LP, Sr. Unsec’d. Notes | 4.750 | 02/15/28 | 60 | 57,106 | |
Welltower OP LLC, Gtd. Notes | 4.250 | 04/15/28 | 175 | 166,464 | |
1,917,789 | |||||
Retail 0.6% | |||||
1011778 BC ULC/New Red Finance, Inc. (Canada), Sr. Sec’d. Notes, 144A | 3.500 | 02/15/29 | 25 | 22,070 | |
Advance Auto Parts, Inc., Gtd. Notes | 5.900 | 03/09/26 | 45 | 45,576 | |
eG Global Finance PLC (United Kingdom), Sr. Sec’d. Notes | 6.250 | 10/30/25 | EUR | 231 | 237,510 |
Gap, Inc. (The), Gtd. Notes, 144A | 3.875 | 10/01/31 | 50 | 34,545 | |
O’Reilly Automotive, Inc., | |||||
Sr. Unsec’d. Notes | 4.200 | 04/01/30 | 35 | 33,241 | |
Sr. Unsec’d. Notes | 4.700 | 06/15/32 | 50 | 48,717 | |
Sally Holdings LLC/Sally Capital, Inc., Gtd. Notes | 5.625 | 12/01/25 | 75 | 73,943 | |
Suburban Propane Partners LP/Suburban Energy Finance Corp., Sr. Unsec’d. Notes, 144A | 5.000 | 06/01/31 | 50 | 42,585 | |
538,187 | |||||
Semiconductors 0.2% | |||||
Broadcom, Inc., Sr. Unsec’d. Notes, 144A | 3.137 | 11/15/35 | 205 | 156,221 | |
Intel Corp., Sr. Unsec’d. Notes | 5.900 | 02/10/63 | 45 | 44,813 | |
201,034 |
Description | Interest Rate | Maturity Date | Principal Amount (000)# | Value | |
Corporate Bonds (Continued) | |||||
Software 0.3% | |||||
Fiserv, Inc., Sr. Unsec’d. Notes | 5.450 % | 03/02/28 | 140 | $142,171 | |
Oracle Corp., | |||||
Sr. Unsec’d. Notes | 3.600 | 04/01/50 | 180 | 124,215 | |
Sr. Unsec’d. Notes | 5.550 | 02/06/53 | 50 | 46,716 | |
313,102 | |||||
Telecommunications 1.2% | |||||
AT&T, Inc., | |||||
Sr. Unsec’d. Notes | 3.550 | 09/15/55 | 275 | 189,443 | |
Sr. Unsec’d. Notes | 5.400 | 02/15/34 | 260 | 260,815 | |
Level 3 Financing, Inc., Sr. Sec’d. Notes, 144A | 3.400 | 03/01/27 | 50 | 39,526 | |
T-Mobile USA, Inc., | |||||
Gtd. Notes | 2.550 | 02/15/31 | 450 | 376,052 | |
Gtd. Notes | 3.750 | 04/15/27 | 45 | 42,737 | |
Verizon Communications, Inc., Sr. Unsec’d. Notes | 4.016 | 12/03/29 | 235 | 221,331 | |
1,129,904 | |||||
Transportation 0.1% | |||||
XPO, Inc., Sr. Sec’d. Notes, 144A | 6.250 | 06/01/28 | 100 | 98,500 | |
Total Corporate Bonds (cost $34,238,921) | 31,290,441 | ||||
Municipal Bonds 0.2% | |||||
Michigan 0.1% | |||||
Michigan State University, Taxable, Revenue Bonds, Series A | 4.165 | 08/15/2122 | 45 | 35,623 | |
University of Michigan, Taxable, Revenue Bonds, Series A | 4.454 | 04/01/2122 | 100 | 86,013 | |
121,636 |
Description | Interest Rate | Maturity Date | Principal Amount (000)# | Value | |
Municipal Bonds (Continued) | |||||
Minnesota 0.1% | |||||
University of Minnesota, Taxable, Revenue Bonds | 4.048 % | 04/01/52 | 95 | $82,557 | |
Total Municipal Bonds (cost $240,000) | 204,193 | ||||
Residential Mortgage-Backed Securities 3.0% | |||||
Bellemeade Re Ltd., Series 2019-02A, Class M2, 144A, 1 Month LIBOR + 3.100% (Cap N/A, Floor 3.100%) | 8.238(c) | 04/25/29 | 200 | 203,600 | |
Citigroup Mortgage Loan Trust, Series 2022-A, Class A1, 144A | 6.170 | 09/25/62 | 95 | 93,679 | |
Connecticut Avenue Securities Trust, | |||||
Series 2022-R03, Class 1B1, 144A, 30 Day Average SOFR + 6.250% (Cap N/A, Floor 0.000%) | 11.223(c) | 03/25/42 | 15 | 16,001 | |
Series 2022-R04, Class 1B1, 144A, 30 Day Average SOFR + 5.250% (Cap N/A, Floor 0.000%) | 10.223(c) | 03/25/42 | 20 | 20,388 | |
Credit Suisse Mortgage Trust, Series 2022-RPL04, Class A1, 144A | 3.904(cc) | 04/25/62 | 93 | 87,650 | |
FHLMC Structured Agency Credit Risk REMIC Trust, | |||||
Series 2021-DNA01, Class B1, 144A, 30 Day Average SOFR + 2.650% (Cap N/A, Floor 0.000%) | 7.623(c) | 01/25/51 | 500 | 475,011 | |
Series 2021-DNA06, Class M2, 144A, 30 Day Average SOFR + 1.500% (Cap N/A, Floor 0.000%) | 6.473(c) | 10/25/41 | 200 | 194,321 | |
Series 2022-DNA01, Class M1B, 144A, 30 Day Average SOFR + 1.850% (Cap N/A, Floor 0.000%) | 6.823(c) | 01/25/42 | 300 | 289,508 | |
Series 2022-DNA03, Class M1B, 144A, 30 Day Average SOFR + 2.900% (Cap N/A, Floor 0.000%) | 7.873(c) | 04/25/42 | 310 | 309,033 | |
Series 2022-DNA06, Class M1B, 144A, 30 Day Average SOFR + 3.700% (Cap N/A, Floor 0.000%) | 8.673(c) | 09/25/42 | 600 | 619,113 | |
PMT Credit Risk Transfer Trust, | |||||
Series 2019-02R, Class A, 144A, 1 Month LIBOR + 2.750% (Cap N/A, Floor 2.750%) | 8.910(c) | 05/25/25 | 271 | 267,087 |
Description | Interest Rate | Maturity Date | Principal Amount (000)# | Value | |
Residential Mortgage-Backed Securities (Continued) | |||||
PMT Credit Risk Transfer Trust, (cont’d.) | |||||
Series 2023-1R, Class A, 144A, 30 Day Average SOFR + 4.400% (Cap N/A, Floor 0.000%) | 9.398 %(c) | 03/27/25 | 196 | $195,864 | |
Total Residential Mortgage-Backed Securities (cost $2,731,981) | 2,771,255 | ||||
Sovereign Bonds 1.2% | |||||
Brazil Minas SPE via State of Minas Gerais (Brazil), Gov’t. Gtd. Notes | 5.333 | 02/15/28 | 100 | 97,988 | |
Dominican Republic International Bond (Dominican Republic), Sr. Unsec’d. Notes, 144A | 5.500 | 02/22/29 | 150 | 139,106 | |
Indonesia Government International Bond (Indonesia), | |||||
Sr. Unsec’d. Notes | 0.900 | 02/14/27 | EUR | 150 | 143,279 |
Sr. Unsec’d. Notes | 1.100 | 03/12/33 | EUR | 100 | 78,936 |
Romanian Government International Bond (Romania), Sr. Unsec’d. Notes, EMTN | 1.750 | 07/13/30 | EUR | 160 | 127,873 |
Serbia International Bond (Serbia), | |||||
Sr. Unsec’d. Notes | 3.125 | 05/15/27 | EUR | 300 | 281,949 |
Sr. Unsec’d. Notes, 144A | 6.250 | 05/26/28 | 200 | 198,037 | |
Ukraine Government International Bond (Ukraine), Sr. Unsec’d. Notes | 7.750 | 09/01/26(d) | 100 | 18,550 | |
Total Sovereign Bonds (cost $1,296,107) | 1,085,718 | ||||
U.S. Government Agency Obligations 16.1% | |||||
Federal Home Loan Mortgage Corp. | 2.500 | 03/01/51 | 588 | 505,725 | |
Federal Home Loan Mortgage Corp. | 2.500 | 04/01/51 | 487 | 417,953 | |
Federal Home Loan Mortgage Corp. | 3.000 | 01/01/52 | 465 | 412,710 | |
Federal Home Loan Mortgage Corp. | 3.000 | 02/01/52 | 463 | 411,033 | |
Federal Home Loan Mortgage Corp. | 6.000 | 08/01/52 | 120 | 122,081 | |
Federal National Mortgage Assoc. | 1.500 | 02/01/51 | 770 | 601,172 | |
Federal National Mortgage Assoc. | 2.000 | 11/01/50 | 423 | 349,468 | |
Federal National Mortgage Assoc. | 3.000 | 12/01/51 | 456 | 405,179 | |
Federal National Mortgage Assoc. | 3.000 | 01/01/52 | 217 | 192,724 | |
Federal National Mortgage Assoc. | 3.000 | 03/01/52 | 466 | 413,429 | |
Federal National Mortgage Assoc. | 3.500 | 02/01/52 | 899 | 826,915 | |
Federal National Mortgage Assoc. | 4.000 | 05/01/52 | 1,170 | 1,105,359 |
Description | Interest Rate | Maturity Date | Principal Amount (000)# | Value | |
U.S. Government Agency Obligations (Continued) | |||||
Federal National Mortgage Assoc. | 4.000 % | 06/01/52 | 1,610 | $1,521,619 | |
Federal National Mortgage Assoc. | 4.500 | 06/01/52 | 1,442 | 1,396,770 | |
Federal National Mortgage Assoc. | 5.000 | 06/01/52 | 232 | 228,739 | |
Federal National Mortgage Assoc. | 5.000 | 07/01/52 | 724 | 712,877 | |
Federal National Mortgage Assoc. | 5.500 | 11/01/52 | 970 | 972,304 | |
Federal National Mortgage Assoc. | 6.000 | 11/01/52 | 104 | 105,921 | |
Federal National Mortgage Assoc. | 6.000 | 12/01/52 | 427 | 431,622 | |
Federal National Mortgage Assoc. | 6.500 | 06/01/53 | 113 | 115,664 | |
Government National Mortgage Assoc. | 2.500 | 09/20/51 | 1,025 | 897,228 | |
Government National Mortgage Assoc. | 3.000 | 08/20/51 | 1,202 | 1,086,125 | |
Government National Mortgage Assoc. | 3.500 | 12/20/51 | 473 | 440,094 | |
Government National Mortgage Assoc. | 3.500 | 03/20/52 | 470 | 435,645 | |
Government National Mortgage Assoc. | 3.500 | 06/20/52 | 491 | 455,622 | |
Government National Mortgage Assoc. | 5.500 | 09/20/52 | 241 | 241,104 | |
Total U.S. Government Agency Obligations (cost $15,133,397) | 14,805,082 | ||||
U.S. Treasury Obligations 12.1% | |||||
U.S. Treasury Bonds(k) | 2.000 | 11/15/41 | 4,210 | 3,095,008 | |
U.S. Treasury Bonds | 2.250 | 08/15/49 | 1,215 | 882,773 | |
U.S. Treasury Bonds | 2.250 | 02/15/52 | 1,000 | 721,562 | |
U.S. Treasury Bonds(h) | 2.375 | 02/15/42 | 3,700 | 2,894,672 | |
U.S. Treasury Bonds | 2.375 | 11/15/49 | 1,040 | 776,750 | |
U.S. Treasury Bonds | 3.000 | 08/15/52 | 985 | 837,866 | |
U.S. Treasury Bonds | 3.625 | 02/15/53 | 170 | 163,412 | |
U.S. Treasury Bonds | 4.000 | 11/15/52 | 65 | 66,869 | |
U.S. Treasury Notes | 3.250 | 06/30/29 | 820 | 797,194 | |
U.S. Treasury Strips Coupon(k) | 2.391(s) | 11/15/41 | 1,880 | 875,669 | |
U.S. Treasury Strips Coupon | 3.799(s) | 02/15/39 | 170 | 90,751 | |
Total U.S. Treasury Obligations (cost $12,714,003) | 11,202,526 | ||||
Total Long-Term Investments (cost $96,740,873) | 91,133,106 |
Description | Shares | Value | |||
Short-Term Investment 1.8% | |||||
Affiliated Mutual Fund | |||||
PGIM Core Government Money Market Fund (cost $1,656,622)(wj) | 1,656,622 | $1,656,622 | |||
TOTAL INVESTMENTS 100.6% (cost $98,397,495) | 92,789,728 | ||||
Liabilities in excess of other assets(z) (0.6)% | (548,978) | ||||
Net Assets 100.0% | $92,240,750 |
Below is a list of the abbreviation(s) used in the quarterly schedule of portfolio holdings: |
EUR—Euro | |
GBP—British Pound |
144A—Security was purchased pursuant to Rule 144A under the Securities Act of 1933 and, pursuant to the requirements of Rule 144A, may not be resold except to qualified institutional buyers. | |
A—Annual payment frequency for swaps | |
BOA—Bank of America, N.A. | |
CITI—Citibank, N.A. | |
CLO—Collateralized Loan Obligation | |
DAC—Designated Activity Company | |
EMTN—Euro Medium Term Note | |
EURIBOR—Euro Interbank Offered Rate | |
FHLMC—Federal Home Loan Mortgage Corporation | |
GMTN—Global Medium Term Note | |
GSI—Goldman Sachs International | |
IO—Interest Only (Principal amount represents notional) | |
JPM—JPMorgan Chase Bank N.A. | |
LIBOR—London Interbank Offered Rate | |
LP—Limited Partnership | |
MTN—Medium Term Note | |
OTC—Over-the-counter | |
REITs—Real Estate Investment Trust | |
REMIC—Real Estate Mortgage Investment Conduit | |
SOFR—Secured Overnight Financing Rate | |
SONIA—Sterling Overnight Index Average | |
SSB—State Street Bank & Trust Company | |
STRIPs—Separate Trading of Registered Interest and Principal of Securities | |
T—Swap payment upon termination | |
USOIS—United States Overnight Index Swap |
# | Principal or notional amount is shown in U.S. dollars unless otherwise stated. |
(c) | Variable rate instrument. The interest rate shown reflects the rate in effect at May 31, 2023. |
(cc) | Variable rate instrument. The rate shown is based on the latest available information as of May 31, 2023. Certain variable rate securities are not based on a published reference rate and spread but are determined by the issuer or agent and are based on current market conditions. These securities do not indicate a reference rate and spread in their description. |
(d) | Represents issuer in default on interest payments and/or principal repayment. Non-income producing security. Such securities may be post-maturity. |
(f) | Indicates a restricted security that is acquired in unregistered, private sales from the issuing company or from an affiliate of the issuer and is considered restricted as to disposition under federal securities law; the aggregate original cost of such securities is $50,125. The aggregate value of $46,540 is 0.1% of net assets. |
(ff) | Variable rate security. Security may be issued at a fixed coupon rate, which converts to a variable rate at a specified date. Rate shown is the rate in effect as of period end. |
(h) | Represents security, or a portion thereof, segregated as collateral for OTC derivatives. |
(k) | Represents security, or a portion thereof, segregated as collateral for centrally cleared/exchange-traded derivatives. |
(oo) | Perpetual security. Maturity date represents next call date. |
(p) | Represents a security with a delayed settlement and therefore the interest rate is not available until settlement which is after the period end. |
(s) | Represents zero coupon bond or principal only security. Rate represents yield to maturity at purchase date. |
(wj) | PGIM Investments LLC, the manager of the Fund, also serves as manager of the PGIM Core Government Money Market Fund. |
(z) | Includes net unrealized appreciation/(depreciation) and/or market value of the below holdings which are excluded from the Schedule of Investments: |
Futures contracts outstanding at May 31, 2023: | ||||||||
Number of Contracts | Type | Expiration Date | Current Notional Amount | Value / Unrealized Appreciation (Depreciation) | ||||
Long Positions: | ||||||||
28 | 2 Year U.S. Treasury Notes | Sep. 2023 | $5,763,188 | $(16,817) | ||||
60 | 5 Year U.S. Treasury Notes | Sep. 2023 | 6,544,688 | (25,403) | ||||
43 | 10 Year U.S. Treasury Notes | Sep. 2023 | 4,922,156 | (5,035) | ||||
2 | 30 Year U.S. Ultra Treasury Bonds | Sep. 2023 | 273,750 | 4,009 | ||||
(43,246) | ||||||||
Short Positions: | ||||||||
5 | 5 Year Euro-Bobl | Jun. 2023 | 631,400 | (16,206) | ||||
3 | 10 Year Euro-Bund | Jun. 2023 | 436,272 | (15,318) | ||||
11 | 20 Year U.S. Treasury Bonds | Sep. 2023 | 1,411,781 | (13,938) | ||||
(45,462) | ||||||||
$(88,708) |
Purchase Contracts | Counterparty | Notional Amount (000) | Value at Settlement Date | Current Value | Unrealized Appreciation | Unrealized Depreciation | |||||||
OTC Forward Foreign Currency Exchange Contracts: | |||||||||||||
British Pound, | |||||||||||||
Expiring 06/02/23 | CITI | GBP | 11 | $14,279 | $14,293 | $14 | $— | ||||||
Expiring 06/02/23 | JPM | GBP | 433 | 536,449 | 539,231 | 2,782 | — |
Purchase Contracts | Counterparty | Notional Amount (000) | Value at Settlement Date | Current Value | Unrealized Appreciation | Unrealized Depreciation | |||||||
OTC Forward Foreign Currency Exchange Contracts (cont’d.): | |||||||||||||
Euro, | |||||||||||||
Expiring 06/02/23 | GSI | EUR | 4,295 | $4,623,431 | $4,590,793 | $— | $(32,638) | ||||||
Expiring 06/02/23 | SSB | EUR | 22 | 23,243 | 23,042 | — | (201) | ||||||
$5,197,402 | $5,167,359 | 2,796 | (32,839) |
Sale Contracts | Counterparty | Notional Amount (000) | Value at Settlement Date | Current Value | Unrealized Appreciation | Unrealized Depreciation | |||||||
OTC Forward Foreign Currency Exchange Contracts: | |||||||||||||
British Pound, | |||||||||||||
Expiring 06/02/23 | BOA | GBP | 445 | $554,376 | $553,524 | $852 | $— | ||||||
Expiring 07/05/23 | JPM | GBP | 433 | 536,808 | 539,636 | — | (2,828) | ||||||
Euro, | |||||||||||||
Expiring 06/02/23 | BOA | EUR | 4,252 | 4,687,660 | 4,545,146 | 142,514 | — | ||||||
Expiring 06/02/23 | BOA | EUR | 64 | 71,064 | 68,690 | 2,374 | — | ||||||
Expiring 07/05/23 | GSI | EUR | 4,295 | 4,632,390 | 4,600,315 | 32,075 | — | ||||||
$10,482,298 | $10,307,311 | 177,815 | (2,828) | ||||||||||
$180,611 | $(35,667) |
Notional Amount (000)# | Termination Date | Fixed Rate | Floating Rate | Value at Trade Date | Value at May 31, 2023 | Unrealized Appreciation (Depreciation) | ||||||||
Centrally Cleared Interest Rate Swap Agreements: | ||||||||||||||
GBP | 140 | 05/08/27 | 1.050%(A) | 1 Day SONIA(1)(A)/ 4.428 % | $(1,207) | $22,341 | $23,548 | |||||||
GBP | 120 | 05/08/32 | 1.150%(A) | 1 Day SONIA(1)(A)/ 4.428 % | 7,030 | 32,764 | 25,734 | |||||||
1,272 | 03/08/25 | 4.946%(A) | 1 Day SOFR(2)(A)/ 5.080% | — | 10,770 | 10,770 | ||||||||
1,696 | 03/09/25 | 5.110%(A) | 1 Day SOFR(2)(A)/ 5.080% | — | 19,676 | 19,676 | ||||||||
$5,823 | $85,551 | $79,728 |
(1) | The Fund pays the fixed rate and receives the floating rate. |
(2) | The Fund pays the floating rate and receives the fixed rate. |
Total return swap agreements outstanding at May 31, 2023: | ||||||||||||||
Reference Entity | Financing Rate | Counterparty | Termination Date | Long (Short) Notional Amount (000)#(1) | Fair Value | Upfront Premiums Paid (Received) | Unrealized Appreciation (Depreciation)(2) | |||||||
OTC Total Return Swap Agreements: | ||||||||||||||
Total Return Benchmark Bond Index(T)†† | 1 Day USOIS -54bps(T)/ 4.540% | JPM | 09/20/23 | (1,775) | $31,659 | $— | $31,659 | |||||||
U.S. Treasury Bond(T) | 1 Day USOIS +13bps(T)/ 5.210% | JPM | 08/02/23 | 1,185 | (38,037) | — | (38,037) | |||||||
U.S. Treasury Bond(T) | 1 Day USOIS +13bps(T)/ 5.210% | JPM | 08/10/23 | 2,325 | (60,815) | — | (60,815) | |||||||
$(67,193) | $— | $(67,193) |
(1) | On a long total return swap, the Fund receives payments for any positive return on the reference entity (makes payments for any negative return) and pays the financing rate. On a short total return swap, the Fund makes payments for any positive return on the reference entity (receives payments for any negative return) and receives the financing rate. |
(2) | Upfront/recurring fees or commissions, as applicable, are included in the net unrealized appreciation (depreciation). |
†† | See the table below for the swap constituents. To the extent that any swap is composed of greater than 50 constituents, the Fund is only required to disclose the top 50. |
Reference Entity | Shares | Market Value | % of Total Index Value | |||
Sysco Corp. | 4,000,000 | $ 4,495,215 | 1.52% | |||
United Parcel Service, Inc. | 4,000,000 | 4,197,738 | 1.42% | |||
Morgan Stanley | 4,000,000 | 4,182,262 | 1.42% | |||
Northrop Grumman Corp. | 4,000,000 | 4,005,819 | 1.36% | |||
FedEx Corp. | 4,000,000 | 3,794,868 | 1.28% | |||
The Walt Disney Co. | 4,000,000 | 3,761,585 | 1.27% | |||
Conagra Brands, Inc. | 4,000,000 | 3,738,687 | 1.27% | |||
Keurig Dr Pepper, Inc. | 4,000,000 | 3,733,722 | 1.26% | |||
Cigna Corp. | 4,000,000 | 3,726,901 | 1.26% | |||
Fox Corp. | 4,000,000 | 3,689,259 | 1.25% | |||
Wells Fargo & Co. | 4,000,000 | 3,682,491 | 1.25% | |||
TransCanada PipeLines Ltd. | 4,000,000 | 3,679,625 | 1.25% | |||
HCA, Inc. | 4,000,000 | 3,621,930 | 1.23% | |||
ExxonMobil Corp. | 4,000,000 | 3,604,259 | 1.22% | |||
Thermo Fisher Scientific, Inc. | 4,000,000 | 3,587,956 | 1.21% | |||
Bristol-Myers Squibb Co. | 4,000,000 | 3,568,900 | 1.21% | |||
Eli Lilly and Co. | 4,000,000 | 3,557,885 | 1.20% | |||
Intel Corp. | 4,000,000 | 3,555,554 | 1.20% | |||
Telefonica Emisiones, S.A.U. | 4,000,000 | 3,536,264 | 1.20% | |||
Johnson & Johnson | 4,000,000 | 3,510,554 | 1.19% | |||
Deere & Co. | 4,000,000 | 3,502,410 | 1.19% | |||
Mastercard, Inc. | 4,000,000 | 3,427,106 | 1.16% | |||
T-Mobile USA, Inc. | 4,000,000 | 3,425,947 | 1.16% | |||
McDonald’s Corp. | 4,000,000 | 3,414,265 | 1.16% | |||
Fiserv, Inc. | 4,000,000 | 3,371,542 | 1.14% | |||
Progressive Corp. | 4,000,000 | 3,301,782 | 1.12% | |||
Enterprise Products Operating LLC | 4,000,000 | 3,298,019 | 1.12% | |||
Union Electric Co. | 4,000,000 | 3,249,126 | 1.10% | |||
Equinor ASA | 4,000,000 | 3,247,658 | 1.10% | |||
Bank of America Corp. | 4,000,000 | 3,246,396 | 1.10% | |||
NVIDIA Corp. | 4,000,000 | 3,230,715 | 1.09% | |||
Humana, Inc. | 4,000,000 | 3,223,587 | 1.09% | |||
Nike, Inc. | 4,000,000 | 3,208,956 | 1.09% | |||
Vodafone Group PLC | 4,000,000 | 3,182,046 | 1.08% | |||
Dollar General Corp. | 4,000,000 | 3,166,922 | 1.07% | |||
Becton, Dickinson & Co. | 4,000,000 | 3,130,175 | 1.06% | |||
Caterpillar, Inc. | 4,000,000 | 3,119,520 | 1.06% | |||
Southern California Edison Co. | 4,000,000 | 3,026,033 | 1.02% | |||
The Coca-Cola Co. | 4,000,000 | 3,017,901 | 1.02% | |||
Starbucks Corp. | 4,000,000 | 2,998,174 | 1.01% |
Reference Entity | Shares | Market Value | % of Total Index Value | |||
Entergy Corp. | 4,000,000 | $2,992,136 | 1.01% | |||
Union Pacific Corp. | 4,000,000 | 2,980,645 | 1.01% | |||
Paramount Global | 4,000,000 | 2,976,844 | 1.01% | |||
Global Payments, Inc. | 4,000,000 | 2,976,109 | 1.01% | |||
PepsiCo, Inc. | 4,000,000 | 2,961,801 | 1.00% | |||
Oracle Corp. | 4,000,000 | 2,957,482 | 1.00% | |||
Amazon.com, Inc. | 4,000,000 | 2,934,748 | 0.99% | |||
Verizon Communications, Inc. | 4,000,000 | 2,933,442 | 0.99% | |||
Suncor Energy, Inc | 4,000,000 | 2,930,159 | 0.99% | |||
Walgreens Boots Alliance, Inc. | 4,000,000 | 2,928,243 | 0.99% | |||
$169,591,363 | ||||||