Description	Shares		Value
COMMON STOCK§ — 97.1%
Communication Services — 11.2%
Alphabet, Cl C *		6,045	$	13,899,450
Alphabet, Cl A *		6,029		13,759,324
Match Group *		15,000		1,187,250
Meta Platforms, Cl A *		36,690		7,355,244
Netflix *		9,750		1,856,010
Snap, Cl A *		34,500		981,870
				39,039,148
Consumer Discretionary — 19.7%
Airbnb, Cl A *		15,000		2,298,150
Amazon.com *		10,871		27,021,284
Booking Holdings *		2,020		4,464,826
Chipotle Mexican Grill, Cl A *		3,150		4,585,171
Floor & Decor Holdings, Cl A *		20,000		1,594,400
Home Depot		24,590		7,386,836
Lululemon Athletica *		6,500		2,305,095
NIKE, Cl B		32,500		4,052,750
O’Reilly Automotive *		5,250		3,184,388
Starbucks		29,050		2,168,292
Tesla *		7,500		6,530,700
TJX		53,000		3,247,840
				68,839,732
Consumer Staples — 1.0%
Costco Wholesale		6,882		3,659,297
Energy — 0.6%
Diamondback Energy		16,500		2,082,795
Financials — 2.7%
JPMorgan Chase		21,500		2,566,240
Moody’s		12,905		4,084,174
S&P Global		7,000		2,635,500
				9,285,914
Health Care — 12.2%
Abbott Laboratories		35,000		3,972,500
Boston Scientific *		80,500		3,389,855
Danaher		22,500		5,650,425
Edwards Lifesciences *		36,000		3,808,080
Eli Lilly and Co		28,000		8,179,640
Humana		6,500		2,889,640
Merck		20,000		1,773,800
Seagen *		20,000		2,620,200
UnitedHealth Group		13,800		7,017,990
Zoetis, Cl A		17,235		3,054,904
				42,357,034
Industrials — 3.8%
Canadian Pacific Railway		55,200		4,041,744
Fortive		32,000		1,840,000
Uber Technologies *		55,000		1,731,400
Union Pacific		23,000		5,388,670
				13,001,814
Information Technology — 44.4%
Adobe *		16,800		6,651,960
Advanced Micro Devices *		39,500		3,378,040
Apple		221,084		34,853,892
Block, Cl A *		17,500		1,741,950
Lam Research		5,000		2,328,800
Marvell Technology		134,535		7,813,793
Mastercard, Cl A		34,660		12,594,751
Microsoft		153,550		42,613,196
NVIDIA		33,000		6,120,510

Description	Shares		Value
PayPal Holdings *		29,270	$	2,573,711
QUALCOMM		27,500		3,841,475
Salesforce *		36,135		6,357,592
ServiceNow *		12,500		5,976,250
Snowflake, Cl A *		16,000		2,743,040
Twilio, Cl A *		12,000		1,341,840
Visa, Cl A		53,100		11,317,203
Workday, Cl A *		12,500		2,583,750
				154,831,753
Materials — 1.1%
Sherwin-Williams		13,500		3,711,960
Real Estate — 0.4%
American Tower ‡		6,000		1,446,120
Total Common Stock (Cost $162,835,050)				338,255,567
Total Investments — 97.1% (Cost $162,835,050)			$	338,255,567

Percentages are based on Net Assets of $348,468,002.

* Non-income producing security.

§ Narrow industries are utilized for compliance purposes, whereas broad sectors are utilized for reporting.

‡ Real Estate Investment Trust

Cl — Class

As of April 30, 2022, all of the Fund’s investments in securities were considered Level 1, in accordance with the authoritative guidance on fair value measurements and disclosure under U.S. GAAP.

For information on the Fund’s policy regarding valuation of investments and other significant accounting policies, please refer to the Fund’s most recent semi-annual and annual financial statements.

FIA-QH-001-2900

1

Description	Face Amount		Value
U.S. TREASURY OBLIGATIONS — 29.7%
U.S. Treasury Bonds
1.875%, 02/15/41	$	30,000,000	$	24,492,188
1.375%, 11/15/40		30,000,000		22,450,781
1.250%, 05/15/50		20,000,000		13,332,031
U.S. Treasury Inflation Protection Securities
1.000%, 02/15/48		11,505,300		12,948,107
0.875%, 01/15/29		33,708,600		36,080,930
U.S. Treasury Note
1.500%, 01/15/23 to 02/15/25		85,000,000		83,405,664
U.S. Treasury Notes
2.875%, 05/15/28		200,000,000		198,906,250
1.250%, 04/30/28		30,000,000		27,176,953
1.125%, 01/15/25 to 02/15/31		450,000,000		424,050,001
Total U.S. Treasury Obligations (Cost $882,316,153)				842,842,905
CORPORATE OBLIGATIONS — 18.0%
Consumer Discretionary — 3.8%
Airswift Global
8.895%, ICE LIBOR USD 3 Month + 8.500%, 05/12/25 (A)		13,000,000		13,101,292
Carvana
4.875%, 09/01/29 (A)		9,000,000		6,568,200
Choice Hotels International
3.700%, 01/15/31		3,000,000		2,772,925
3.700%, 12/01/29		8,000,000		7,475,620
Expedia
3.800%, 02/15/28		5,915,000		5,633,399
Ford Motor
4.346%, 12/08/26		15,033,000		14,431,680
General Motors Financial
1.200%, 10/15/24		6,333,000		5,945,121
Jaguar Land Rover Automotive
4.500%, 10/01/27 (A)		6,000,000		4,912,500
MajorDrive Holdings IV
6.375%, 06/01/29 (A)		21,750,000		17,236,875
Marriott International
3.500%, 10/15/32		3,000,000		2,679,223
2.850%, 04/15/31		3,000,000		2,580,083
QVC
4.750%, 02/15/27		4,000,000		3,579,960
Scientific Games International
8.625%, 07/01/25 (A)		5,750,000		6,023,125
STL Holding
7.500%, 02/15/26 (A)		12,500,000		11,812,500
TransJamaican Highway
5.750%, 10/10/36 (A)		1,449,735		1,365,665
				106,118,168
Energy — 7.3%
Apache
7.750%, 12/15/29		4,138,000		4,551,800
Intesa Sanpaolo
4.000%, 09/23/29 (A)		5,000,000		4,599,898
Marathon Oil
4.400%, 07/15/27		3,000,000		2,995,350
New England Power
2.807%, 10/06/50 (A)		5,000,000		3,596,019
Noble Finance
11.000%, 02/15/28		1,893,334		2,120,534

Description	Face Amount		Value
11.000%, 02/15/28 (A)	$	869,000	$	973,280
Petroleos Mexicanos
6.700%, 02/16/32 (A)		6,352,000		5,473,391
Reliance Industries
2.875%, 01/12/32 (A)		2,000,000		1,711,000
SBL Holdings
7.000%, US Treas Yield Curve Rate T Note Const Mat 5 Yr + 5.580%, 05/13/70 (A)		2,500,000		2,243,750
Seadrill New Finance
10.000%, 07/15/26 (B)		77,162,086		72,918,171
10.000%, 07/15/26 (B)		16,032,021		15,150,260
Seamex Finance Ltd.
12.000%, 08/31/24		38,961,909		42,273,671
Tiger Holdco Pte
13.000%, 06/10/23 (A)		19,553,480		18,966,876
Transocean
11.500%, 01/30/27 (A)		19,718,000		19,614,284
Transocean Sentry
5.375%, 05/15/23 (A)		7,273,476		7,055,272
VistaJet Malta Finance
7.875%, 05/01/27 (A)		5,000,000		4,703,500
6.375%, 02/01/30 (A)		2,000,000		1,745,360
				210,692,416
Financials — 2.5%
Athene Holding
6.150%, 04/03/30		10,000,000		10,515,056
BAC Capital Trust XIV
5.630%, ICE LIBOR USD 3 Month + 0.400%, 09/15/70		9,870,000		8,167,195
Barclays MTN
4.972%, ICE LIBOR USD 3 Month + 1.902%, 05/16/29		2,000,000		2,007,296
Credit Suisse Group
5.100%, US Treas Yield Curve Rate T Note Const Mat 5 Yr + 3.293%, 07/24/70		10,000,000		8,650,000
Enova International
8.500%, 09/15/25 (A)		11,007,000		10,951,965
Farmers Exchange Capital
7.050%, 07/15/28 (A)		6,075,000		6,718,202
PROG Holdings
6.000%, 11/15/29 (A)		1,550,000		1,369,735
Royal Bank of Canada MTN
0.750%, 10/07/24		17,250,000		16,187,211
Wachovia
6.605%, 10/01/25		5,650,000		6,064,143
				70,630,803
Industrials — 1.1%
AerCap Ireland Capital DAC
1.750%, 10/29/24		4,000,000		3,722,312
American Airlines Group
3.750%, 03/01/25 (A)		11,465,000		10,232,513
Boeing
2.950%, 02/01/30		3,344,000		2,878,746
Burlington Northern Santa Fe
7.290%, 06/01/36		5,000,000		6,276,555
Equifax
3.100%, 05/15/30		3,000,000		2,725,677
Flowserve
3.500%, 10/01/30		4,000,000		3,582,007

1

Description	Face Amount		Value
Leidos
2.300%, 02/15/31	$	3,291,000	$	2,710,943
				32,128,753
Information Technology — 2.1%
Amkor Technology
6.625%, 09/15/27 (A)		10,372,000		10,553,510
Avaya
6.125%, 09/15/28 (A)		4,000,000		3,711,014
Avnet
3.000%, 05/15/31		7,000,000		5,988,851
Citrix Systems
3.300%, 03/01/30		6,000,000		5,916,816
Diebold Nixdorf
9.375%, 07/15/25 (A)		250,000		221,250
Jabil
3.600%, 01/15/30		4,496,000		4,150,963
Kyndryl Holdings
4.100%, 10/15/41 (A)		5,500,000		3,901,486
Motorola Solutions
4.600%, 05/23/29		21,435,000		21,010,790
Vericast
11.000%, 09/15/26 (A)		3,650,000		3,467,500
				58,922,180
Materials — 0.3%
Mineral Resources
8.125%, 05/01/27 (A)		8,136,000		8,259,911
Nacional del Cobre de Chile
3.150%, 01/15/51 (A)		500,000		366,640
				8,626,551
Real Estate — 0.2%
GLP Capital
3.250%, 01/15/32 ‡		750,000		630,997
Invitation Homes Operating Partnership
2.000%, 08/15/31 ‡		2,000,000		1,601,248
Sabra Health Care
3.200%, 12/01/31 ‡		3,920,000		3,289,476
				5,521,721
Utilities — 0.7%
Georgia Power
3.250%, 03/15/51		8,000,000		6,127,456
Pacific Gas and Electric
4.500%, 07/01/40		11,000,000		9,019,109
3.750%, 08/15/42		5,000,000		3,670,357
				18,816,922
Total Corporate Obligations (Cost $526,063,935)				511,457,514
ASSET-BACKED SECURITIES — 17.4%
Automotive — 12.8%
ACC Auto Trust, Ser 2021-A, Cl D
6.100%, 06/15/29 (A)		13,000,000		12,420,156
American Credit Acceptance Receivables Trust 2022-2, Ser 2022-2, Cl C
4.410%, 06/13/28 (A)		5,000,000		5,014,871
American Credit Acceptance Receivables Trust, Ser 2018-3, Cl F
6.440%, 06/12/25 (A)		4,000,000		4,045,083

Description	Face Amount		Value
American Credit Acceptance Receivables Trust, Ser 2020-1, Cl D
2.390%, 03/13/26 (A)	$	2,000,000	$	1,987,610
American Credit Acceptance Receivables Trust, Ser 2020-2, Cl E
7.600%, 02/16/27 (A)		13,750,000		14,180,764
American Credit Acceptance Receivables Trust, Ser 2020-3, Cl D
2.400%, 06/15/26 (A)		6,500,000		6,415,520
American Credit Acceptance Receivables Trust, Ser 2020-4, Cl E
3.650%, 12/14/26 (A)		4,000,000		3,916,510
Avid Automobile Receivables Trust, Ser 2019-1, Cl D
4.030%, 07/15/26 (A)		1,300,000		1,301,238
BlueMountain CLO XXX, Ser 2022-30A, Cl BR
2.751%, TSFR3M + 1.900%, 04/15/35 (A)		2,250,000		2,212,861
BlueMountain CLO XXX, Ser 2022-30A, Cl DR
4.151%, TSFR3M + 3.300%, 04/15/35 (A)		1,250,000		1,234,809
BlueMountain CLO XXX, Ser 2022-30A, Cl ER
7.551%, TSFR3M + 6.700%, 04/15/35 (A)		2,350,000		2,306,783
BlueMountain CLO, Ser 2021-2A, Cl A2R2
2.180%, ICE LIBOR USD 3 Month + 1.700%, 08/20/32 (A)		10,000,000		9,917,320
CarNow Auto Receivables Trust, Ser 2021-2A, Cl C
1.690%, 03/15/27 (A)		3,330,000		3,202,319
CarNow Auto Receivables Trust, Ser 2021-2A, Cl E
4.450%, 02/15/28 (A)		4,000,000		3,791,425
Carvana Auto Receivables Trust, Ser 2019-1A, Cl E
5.640%, 01/15/26 (A)		8,000,000		8,114,728
Carvana Auto Receivables Trust, Ser 2019-3A, Cl E
4.600%, 07/15/26 (A)		5,000,000		5,027,859
Carvana Auto Receivables Trust, Ser 2019-4A, Cl E
4.700%, 10/15/26 (A)		6,000,000		5,957,540
CIFC Funding 2022-II, Ser 2022-2A, Cl A1
2.057%, TSFR3M + 1.320%, 04/19/35 (A)		4,500,000		4,468,991
CIFC Funding 2022-II, Ser 2022-2A, Cl B
2.587%, TSFR3M + 1.850%, 04/19/35 (A)		9,125,000		9,058,597
CIG Auto Receivables Trust, Ser 2021-1A, Cl E
4.450%, 05/12/28 (A)		7,000,000		6,628,168

2

Description	Face Amount		Value
CPS Auto Receivables Trust, Ser 2019-B, Cl F
7.480%, 06/15/26 (A)	$	6,055,000	$	6,125,090
CPS Auto Receivables Trust, Ser 2019-D, Cl D
2.720%, 09/15/25 (A)		3,000,000		2,988,355
CPS Auto Receivables Trust, Ser 2019-D, Cl E
3.860%, 10/15/25 (A)		6,000,000		5,940,987
DT Auto Owner Trust, Ser 2020-1A, Cl E
3.480%, 02/16/27 (A)		4,500,000		4,431,628
DT Auto Owner Trust, Ser 2020-3A, Cl D
1.840%, 06/15/26 (A)		2,000,000		1,921,964
DT Auto Owner Trust, Ser 2021-1A, Cl E
2.380%, 01/18/28 (A)		1,000,000		940,033
DT Auto Owner Trust, Ser 2021-3A, Cl D
1.310%, 05/17/27 (A)		5,500,000		5,030,217
Exeter Automobile Receivables Trust, Ser 2020-1A, Cl D
2.730%, 12/15/25 (A)		2,500,000		2,475,721
First Investors Auto Owner Trust 2022-1, Ser 2022-1A, Cl E
5.410%, 06/15/29 (A)		2,280,000		2,188,616
First Investors Auto Owner Trust, Ser 2020-1A, Cl D
3.150%, 04/15/26 (A)		4,000,000		3,988,826
First Investors Auto Owner Trust, Ser 2020-1A, Cl E
4.630%, 06/16/26 (A)		5,510,000		5,545,009
First Investors Auto Owner Trust, Ser 2020-1A, Cl F
7.070%, 06/15/27 (A)		5,300,000		5,468,996
Flagship Credit Auto Trust, Ser 2019-2, Cl D
3.530%, 05/15/25 (A)		5,190,000		5,155,796
Flagship Credit Auto Trust, Ser 2020-1, Cl E
3.520%, 06/15/27 (A)		7,931,000		7,575,013
Flagship Credit Auto Trust, Ser 2020-2, Cl E
8.220%, 09/15/27 (A)		8,000,000		8,508,515
Foursight Capital Automobile Receivables Trust, Ser 2018-2, Cl D
4.330%, 07/15/24 (A)		43,790		43,889
Foursight Capital Automobile Receivables Trust, Ser 2020-1, Cl E
3.490%, 04/15/26 (A)		1,300,000		1,286,773
Foursight Capital Automobile Receivables Trust, Ser 2022-1, Cl E
4.690%, 08/15/29 (A)		4,230,000		3,931,147
Global SC Finance VII Srl, Ser 2020-1A, Cl A
2.170%, 10/17/40 (A)		3,300,864		3,071,408

Description	Face Amount		Value
GLS Auto Receivables Issuer Trust, Ser 2019-3A, Cl D
3.840%, 05/15/26 (A)	$	6,000,000	$	5,953,907
GLS Auto Receivables Issuer Trust, Ser 2020-1A, Cl D
3.680%, 11/16/26 (A)		5,000,000		4,959,185
GLS Auto Receivables Issuer Trust, Ser 2020-4A, Cl E
3.510%, 10/15/27 (A)		650,000		626,879
GLS Auto Receivables Trust, Ser 2022-1A, Cl E
5.640%, 05/15/29 (A)		4,000,000		3,843,180
Hertz Vehicle Financing, Ser 2021-1A, Cl D
3.980%, 12/26/25 (A)		10,000,000		9,357,636
Kapitus Asset Securitization, Ser 2022-1A, Cl A
3.382%, 07/10/28 (A)		8,000,000		7,683,863
Mercury Financial Credit Card Master Trust, Ser 2022-1A, Cl A
2.500%, 09/21/26 (A)		3,000,000		2,865,576
Mercury Financial Credit Card Master Trust, Ser 2022-1A, Cl C
5.200%, 09/21/26 (A)		1,780,000		1,691,755
Oaktree CLO, Ser 2021-3A, Cl BR
2.813%, ICE LIBOR USD 3 Month + 1.750%, 10/20/34 (A)		13,500,000		13,219,403
Octane Receivables Trust, Ser 2021-2A, Cl B
2.020%, 09/20/28 (A)		3,000,000		2,796,039
OHA Credit Funding 7, Ser 2022-7A, Cl AR
2.146%, TSFR3M + 1.300%, 02/24/37 (A)		25,000,000		24,706,025
OHA Credit Funding 7, Ser 2022-7A, Cl ER
7.096%, TSFR3M + 6.250%, 02/24/37 (A)		2,500,000		2,453,333
Pawneee Equipment Receivables, Ser 2021-1, Cl C
2.300%, 07/15/27 (A)		4,700,000		4,351,363
PRET, Ser 2021-NPL5, Cl A2
4.704%, 10/25/51 (A)		7,000,000		6,745,816
PRET, Ser 2021-RN4, Cl A2
5.194%, 10/25/51 (A)(C)		6,000,000		5,783,826
Pretium Mortgage Credit Partners I, Ser 2021-NPL2, Cl A2
3.844%, 06/27/60 (A)		2,750,000		2,591,849
Santander Consumer Auto Receivables Trust, Ser 2020-AA, Cl E
7.690%, 05/15/26 (A)		9,006,000		9,284,737
Santander Consumer Auto Receivables Trust, Ser 2020-AA, Cl F
10.120%, 01/16/29 (A)		27,740,000		28,385,072
Santander Consumer Auto Receivables Trust, Ser 2020-BA, Cl F
7.030%, 08/15/28 (A)		6,250,000		6,401,195

3

Description	Face Amount		Value
Santander Consumer Auto Receivables Trust, Ser 2021-AA, Cl E
3.280%, 03/15/27 (A)	$	1,000,000	$	941,107
Tricolor Auto Securitization Trust, Ser 2021-1A, Cl C
1.330%, 09/16/24 (A)		2,000,000		1,965,199
United Auto Credit Securitization Trust, Ser 2020-1, Cl F
9.080%, 01/12/26 (A)		3,680,000		3,730,855
Venture 37 CLO, Ser 2021-37A, Cl BR
2.794%, ICE LIBOR USD 3 Month + 1.750%, 07/15/32 (A)		10,000,000		9,922,340
Veros Auto Receivables Trust, Ser 2021-1, Cl C
3.640%, 08/15/28 (A)		4,320,000		4,121,021
VR Funding, Ser 2020-1A, Cl A
2.790%, 11/15/50 (A)		7,265,302		6,728,118
VR Funding, Ser 2020-1A, Cl C
6.420%, 11/15/50 (A)		4,229,375		4,038,287
				362,968,701
Credit Card — 0.1%
Master Credit Card Trust II, Ser 2020-1A, Cl C
2.590%, 09/21/24 (A)		2,000,000		1,983,505
Other Asset-Backed Securities — 3.7%
321 Henderson Receivables I, Ser 2010-2A, Cl B
7.450%, 01/15/50 (A)		1,333,891		1,388,655
321 Henderson Receivables I, Ser 2012-1A, Cl B
7.140%, 02/15/67 (A)		568,062		637,315
321 Henderson Receivables I, Ser 2012-2A, Cl B
6.770%, 10/17/61 (A)		1,524,180		1,669,876
Amur Equipment Finance Receivables IX, Ser 2021-1A, Cl D
2.300%, 11/22/27 (A)		1,250,000		1,177,363
Audax Senior Debt CLO 6, Ser 2021-6A, Cl B
3.013%, ICE LIBOR USD 3 Month + 1.950%, 10/20/33 (A)		8,000,000		7,884,096
BX Commercial Mortgage Trust, Ser 2020-VIV3, Cl B
3.662%, 03/09/44 (A)(C)		8,000,000		7,316,309
BXMT, Ser 2020-FL2, Cl A
1.282%, SOFR30A + 1.014%, 02/15/38 (A)		13,000,000		12,904,632
CAL Funding IV, Ser 2020-1A, Cl B
3.500%, 09/25/45 (A)		1,471,208		1,381,373
CF Hippolyta, Ser 2020-1, Cl A2
1.990%, 07/15/60 (A)		5,426,792		4,850,794
Diamond Resorts Owner Trust, Ser 2019-1A, Cl A
2.890%, 02/20/32 (A)		1,461,899		1,443,816
Harley Marine Financing, Ser 2018-1A, Cl A2
5.682%, 05/15/43 (A)		9,997,489		9,950,861
Harley Marine Financing, Ser 2018-1A, Cl B
7.869%, 05/15/43 (A)		6,000,000		5,944,506

Description	Face Amount		Value
Harvest SBA Loan Trust, Ser 2018-1, Cl A
2.707%, ICE LIBOR USD 1 Month + 2.250%, 08/25/44 (A)	$	2,783,157	$	2,756,701
Marlette Funding Trust, Ser 2020-1A, Cl D
3.540%, 03/15/30 (A)		1,500,000		1,472,475
Mosaic Solar Loan Trust, Ser 2020-2A, Cl B
2.210%, 08/20/46 (A)		3,255,686		2,979,514
Orange Lake Timeshare Trust, Ser 2019-A, Cl C
3.610%, 04/09/38 (A)		1,864,562		1,815,359
Orange Lake Timeshare Trust, Ser 2019-A, Cl D
4.930%, 04/09/38 (A)		307,657		292,919
Pawnee Equipment Receivables Series, Ser 2019-1, Cl D
2.860%, 10/15/24 (A)		5,500,000		5,331,438
Pawnee Equipment Receivables Series, Ser 2019-1, Cl E
3.800%, 01/15/26 (A)		2,500,000		2,414,562
Pretium Mortgage Credit Partners I, Ser 2021-NPL1, Cl A2
4.213%, 09/27/60 (A)		9,000,000		8,555,721
Pretium Mortgage Credit Partners, Ser 2021-NPL3, Cl A2
3.721%, 07/25/51 (A)		2,000,000		1,840,134
Sapphire Aviation Finance I, Ser 2018-1A, Cl B
5.926%, 03/15/40 (A)		1,715,776		1,310,491
Stack Infrastructure Issuer Series, Ser 2019-1A, Cl A2
4.540%, 02/25/44 (A)		3,486,000		3,478,099
Textainer Marine Containers VIII, Ser 2020-2A, Cl B
3.340%, 09/20/45 (A)		1,700,535		1,593,816
Triton Container Finance VIII, Ser 2020-1A, Cl B
3.740%, 09/20/45 (A)		865,417		799,438
TRTX Issuer, Ser 2021-FL4, Cl C
2.954%, ICE LIBOR USD 1 Month + 2.400%, 03/15/38 (A)		10,000,000		9,895,020
VOLT CIII, Ser 2021-CF1, Cl A2
3.967%, 08/25/51 (A)		3,303,000		3,222,991
				104,308,274
Student Loan — 0.8%
Brazos Student Finance, Ser 2009-1, Cl B
3.466%, ICE LIBOR USD 3 Month + 2.500%, 12/27/39		5,000,000		5,061,970
College Ave Student Loans, Ser 2018-A, Cl A1
1.868%, ICE LIBOR USD 1 Month + 1.200%, 12/26/47 (A)		2,031,295		2,011,631
Commonbond Student Loan Trust, Ser 2017-AGS, Cl A1
2.550%, 05/25/41 (A)		1,614,103		1,606,216
Nelnet Student Loan Trust, Ser 2013-3A, Cl B
2.168%, ICE LIBOR USD 1 Month + 1.500%, 07/25/47 (A)		10,000,000		9,847,365

4

Description	Face Amount		Value
SLM Student Loan Trust, Ser 2012-7, Cl B
2.468%, ICE LIBOR USD 1 Month + 1.800%, 09/25/43	$	5,000,000	$	4,966,903
				23,494,085
Total Asset-Backed Securities (Cost $497,178,760)				492,754,565
MORTGAGE-BACKED SECURITIES — 15.3%
Agency Mortgage-Backed Obligation — 3.3%
FHLMC
3.053%, ICE LIBOR USD 12 Month + 1.620%, 01/01/45		3,417,037		3,426,670
2.336%, ICE LIBOR USD 12 Month + 1.650%, 06/01/43		2,760,937		2,796,165
FHLMC REMIC, Ser 2011-3898, Cl FC
1.064%, LIBOR USD 1 Month + 0.510%, 11/15/36		1,332,641		1,339,993
FHLMC, Ser 2012-293, Cl IO, IO
4.000%, 11/15/32		711,040		76,954
FHLMC, Ser 2012-3996, Cl QL
4.000%, 02/15/42		5,699,066		5,860,968
FHLMC, Ser 2012-4029, Cl LI, IO
3.000%, 01/15/27		1,976,752		66,696
FHLMC, Ser 2012-4054, Cl HI, IO
3.000%, 05/15/26		64,833		12
FHLMC, Ser 2012-4077, Cl AI, IO
3.000%, 01/15/27		2,678,296		68,427
FHLMC, Ser 2012-4106, Cl YI, IO
2.500%, 09/15/27		1,633,680		80,622
FHLMC, Ser 2012-4116, Cl MI, IO
4.000%, 10/15/42		14,604,557		2,053,910
FHLMC, Ser 2012-4116, Cl PI, IO
4.000%, 10/15/42		4,689,586		926,837
FHLMC, Ser 2012-4134, Cl BI, IO
2.500%, 11/15/27		4,693,856		225,527
FHLMC, Ser 2012-4136, Cl PI, IO
3.000%, 11/15/32		9,721,128		1,102,797
FHLMC, Ser 2012-4148, Cl LI, IO
2.500%, 12/15/27		3,134,556		155,155
FHLMC, Ser 2013-4213, Cl IG, IO
4.000%, 06/15/43		7,152,062		906,449
FHLMC, Ser 2014-4349, Cl KI, IO
3.000%, 04/15/33		5,348,654		356,338
FHLMC, Ser 2015-4457, Cl EI, IO
3.500%, 02/15/45		351,615		33,192
FHLMC, Ser 2017-4675, Cl VE
3.500%, 08/15/37		4,707,000		4,671,475
FHLMC, Ser 2019-4908, Cl AS, IO
5.432%, ICE LIBOR USD 1 Month + 6.100%, 01/25/45		11,523,276		1,973,806
FNMA
5.500%, 05/01/44		4,266,217		4,538,056
4.500%, 08/01/41		2,337,027		2,425,716
3.000%, 10/01/32 to 11/01/46		6,225,647		6,044,333
2.813%, ICE LIBOR USD 12 Month + 1.700%, 10/01/42		1,033,086		1,068,894
2.710%, 08/01/23		250,899		250,475
2.250%, 10/30/24		10,000,000		9,847,370

Description	Face Amount		Value
2.000%, ICE LIBOR USD 12 Month + 1.750%, 02/01/42	$	1,060,328	$	1,088,274
FNMA REMIC, Ser 2017-52, Cl DI, IO
4.500%, 07/25/47		8,729,153		1,430,444
FNMA STRIPS, Ser 2009-397, Cl 2, IO
5.000%, 09/25/39		1,330,829		232,262
FNMA STRIPS, Ser 2009-400, Cl 2, IO
4.500%, 11/25/39		1,026,488		168,802
FNMA STRIPS, Ser 2010-404, Cl 2, IO
4.500%, 05/25/40		1,833,300		388,422
FNMA STRIPS, Ser 2011-407, Cl 2, IO
4.000%, 03/25/41		1,832,058		298,612
FNMA, Ser 2011-103, Cl GI, IO
3.500%, 10/25/26		1,063,892		40,856
FNMA, Ser 2011-146, Cl AY
3.500%, 01/25/32		2,665,582		2,620,987
FNMA, Ser 2012-410, Cl C5, IO
3.500%, 05/25/27		4,157,705		181,364
FNMA, Ser 2012-61, Cl KI, IO
4.000%, 12/25/41		3,882,189		300,477
FNMA, Ser 2012-68, Cl GY
3.000%, 07/25/32		5,000,000		4,875,508
FNMA, Ser 2013-104, Cl TI, IO
3.000%, 08/25/32		1,632,628		80,436
FNMA, Ser 2013-36, Cl MH
2.500%, 12/25/36		874,449		874,524
FNMA, Ser 2014-40, Cl GI, IO
3.000%, 06/25/33		5,150,986		547,340
FNMA, Ser 2015-421, Cl C1, IO
3.000%, 05/25/30		2,942,550		248,824
FNMA, Ser 2019-44, Cl CI, IO
4.000%, 08/25/59		6,733,774		1,425,589
FNMA, Ser 2019-44, Cl PI, IO
4.000%, 08/25/49		5,619,546		903,226
GNMA REMIC, Ser 2011-125, Cl BI, IO
4.000%, 12/20/30		614,356		4,053
GNMA, Ser 2013-170, Cl QI, IO
5.500%, 11/20/43 (C)		8,775,855		1,341,042
GNMA, Ser 2013-42, Cl MI, IO
3.500%, 04/20/41		668,748		10,870
GNMA, Ser 2013-62, Cl NI, IO
4.000%, 08/20/40		3,462,343		238,233
GNMA, Ser 2014-32, Cl CI, IO
4.000%, 03/20/43		2,644,303		237,606
GNMA, Ser 2014-44, Cl IO, IO
4.000%, 11/16/26		4,146,370		189,674
GNMA, Ser 2015-103, Cl CI, IO
4.000%, 07/20/45		12,860,634		1,959,135
GNMA, Ser 2015-17, Cl JI, IO
3.500%, 05/20/28		3,797,375		155,730
GNMA, Ser 2016-99, Cl ID, IO
4.500%, 04/16/44		16,335,483		3,819,456
GNMA, Ser 2017-137, Cl DI, IO
3.000%, 02/20/47		1,188,146		28,342
GNMA, Ser 2019-137, Cl GI, IO
4.000%, 11/20/49		57,651,405		9,313,486

5

Description	Face Amount		Value
GNMA, Ser 2020-189, Cl IJ, IO
2.500%, 12/20/50	$	23,581,775	$	2,782,466
GNMA, Ser 2020-191, Cl CT
1.250%, 12/20/50		4,557,053		3,798,837
GNMA, Ser 2021-8, Cl IG, IO
2.500%, 01/20/51		31,334,690		3,691,568
				93,573,282
Commercial Mortgage-Backed Obligation — 9.7%
280 Park Avenue Mortgage Trust, Ser 201-280P, Cl F
3.316%, ICE LIBOR USD 1 Month + 2.827%, 09/15/34 (A)		12,500,000		12,061,388
510 Asset Backed Trust, Ser 2021- NPL2, Cl A2
4.090%, 06/25/61 (A)		7,000,000		6,458,826
Angel Oak Mortgage Trust, Ser 2021-4, Cl A3
1.446%, 01/20/65 (A)(C)		2,641,349		2,473,932
Banc of America Commercial Mortgage Trust, Ser 2008-1, Cl AJ
6.786%, 02/10/51 (C)		240,943		243,381
BANK, Ser 2018-BN10, Cl A5
3.688%, 02/15/61		10,000,000		9,843,829
BANK, Ser 2018-BN14, Cl A3
3.966%, 09/15/60		10,000,000		9,912,559
Bear Stearns Commercial Mortgage Securities Trust, Ser 2007-T26, Cl AJ
5.566%, 01/12/45 (C)		4,271,790		423,524
Benchmark Mortgage Trust, Ser 2020-B18, Cl E
2.250%, 07/15/53 (A)		8,000,000		5,397,255
Benchmark Mortgage Trust, Ser 2020-B21, Cl D
2.000%, 12/17/53 (A)		13,000,000		9,546,590
Benchmark Mortgage Trust, Ser 2020-IG3, Cl A4
2.437%, 09/15/48 (A)		10,000,000		8,886,174
CAFL, Ser 2021-RTL1, Cl A1
2.239%, 03/28/29 (A)		2,000,000		1,861,713
Citigroup Commercial Mortgage Trust, Ser 2015-GC31, Cl C
4.174%, 06/10/48 (C)		5,000,000		4,757,024
Commercial Mortgage Trust, Ser 2012-CR2, Cl C
4.959%, 08/15/45 (C)		1,000,000		995,680
Commercial Mortgage Trust, Ser 2012-CR2, Cl D
4.959%, 08/15/45 (A)(C)		224,200		220,923
Commercial Mortgage Trust, Ser 2014-LC15, Cl D
5.169%, 04/10/47 (A)(C)		9,500,000		9,065,986
Commercial Mortgage Trust, Ser 2014-UBS6, Cl C
4.588%, 12/10/47 (C)		4,000,000		3,897,957
Commercial Mortgage Trust, Ser 2015-DC1, Cl D
4.441%, 02/10/48 (A)(C)		9,000,000		7,792,934
Credit Suisse Commercial Mortgage Trust, Ser 2008-C1, Cl D
6.010%, 02/15/41 (A)(C)		2,795,407		111,816

Description	Face Amount		Value
Credit Suisse First Boston Mortgage Securities, Ser 2005-C2, Cl AMFL
0.804%, ICE LIBOR USD 1 Month + 0.250%, 04/15/37	$	55,889	$	55,471
Credit Suisse First Boston Mortgage Securities, Ser 2005-C2, Cl AMFX
4.877%, 04/15/37		4,995		4,887
CSAIL Commercial Mortgage Trust, Ser 2019-C15, Cl A4
4.053%, 03/15/52		10,000,000		9,967,697
CSMC Trust, Ser 2019-AFC1, Cl A1
2.573%, 07/25/49 (A)		3,128,695		3,028,630
DROP Mortgage Trust, Ser 2021-FILE, Cl D
3.300%, ICE LIBOR USD 1 Month + 2.750%, 04/15/26 (A)		15,000,000		14,585,508
FHLMC Military Housing Bonds Resecuritization Trust Certificates, Ser 2015-R1, Cl C3
5.940%, 11/25/52 (A)(C)		33,800,974		30,849,676
FHLMC, Ser 2021-5085, Cl IG, IO
2.500%, 03/25/51		23,327,828		3,416,969
FHLMC, Ser 2022-5202, Cl KI, IO
3.500%, 06/25/49		18,511,160		2,974,445
FNMA, Ser 2020-44, Cl MI, IO
2.500%, 01/25/57		13,687,228		2,318,953
Fontainebleau Miami Beach Trust, Ser 2019-FBLU, Cl A
3.144%, 12/10/36 (A)		10,000,000		9,687,922
FREMF Mortgage Trust, Ser 2016-K54, Cl C
4.190%, 04/25/48 (A)(C)		5,000,000		4,853,012
FREMF Mortgage Trust, Ser 2016-K57, Cl C
4.052%, 08/25/49 (A)(C)		8,840,000		8,554,372
GS Mortgage Securities Trust, Ser 2018-GS9, Cl A4
3.992%, 03/10/51 (C)		10,000,000		10,032,426
Hudson Yards Mortgage Trust, Ser 2019-30HY, Cl B
3.380%, 07/10/39 (A)(C)		2,500,000		2,325,433
JPMDB Commercial Mortgage Securities Trust, Ser 2016-C2, Cl C
3.512%, 06/15/49 (C)		4,328,000		3,655,925
JPMorgan Chase Commercial Mortgage Securities, Ser 2006-LDP9, Cl AMS
5.337%, 05/15/47		1,924,010		1,817,504
JPMorgan Chase Commercial Mortgage Securities, Ser 2007-LD12, Cl AJ
6.720%, 02/15/51 (C)		1,804,277		1,623,849
JPMorgan Chase Commercial Mortgage Securities, Ser 2007-LD12, Cl J
5.994%, 02/15/51 (A)(B)(C)		1,000,000		—
LStar Commercial Mortgage Trust, Ser 2016-4, Cl AS
3.188%, 03/10/49 (A)		3,000,000		2,858,033
MFA 2022-INV1 Trust, Ser 2022-INV1, Cl A3
4.250%, 04/25/66 (A)(C)		4,000,000		3,819,695

6

Description	Face Amount		Value
Morgan Stanley Bank of America Merrill Lynch Trust, Ser 2016-C29, Cl C
4.886%, 05/15/49 (C)	$	2,413,000	$	2,262,514
Morgan Stanley Capital I, Ser 2007-T25, Cl AJ
5.574%, 11/12/49 (C)		86,444		61,882
PRET, Ser 2021-RN3, Cl A1
1.843%, 09/25/51 (A)		8,395,106		7,948,684
UBS-Barclays Commercial Mortgage Trust, Ser 2012-C2, Cl D
5.059%, 05/10/63 (A)(C)		7,245,000		2,861,775
UBS-Barclays Commercial Mortgage Trust, Ser 2012-C2, Cl E
5.059%, 05/10/63 (A)(C)		15,614,806		468,444
UBS-Barclays Commercial Mortgage Trust, Ser 2012-C3, Cl C
5.216%, 08/10/49 (A)(C)		3,000,000		3,003,683
UBS-Barclays Commercial Mortgage Trust, Ser 2012-C4, Cl D
4.607%, 12/10/45 (A)(C)		13,624,000		12,627,263
Wells Fargo Commercial Mortgage Trust, Ser 2016-C32, Cl C
4.880%, 01/15/59 (C)		5,000,000		4,762,631
Wells Fargo Commercial Mortgage Trust, Ser 2016-C32, Cl D
3.788%, 01/15/59 (A)(C)		2,000,000		1,744,865
Wells Fargo Commercial Mortgage Trust, Ser 2016-C34, Cl B
4.089%, 06/15/49		5,000,000		4,608,019
Wells Fargo Commercial Mortgage Trust, Ser 2018-AUS, Cl A
4.194%, 08/17/36 (A)(C)		5,000,000		4,934,225
Wells Fargo Commercial Mortgage Trust, Ser 2018-C43, Cl A4
4.012%, 03/15/51 (C)		6,000,000		5,988,924
West Town Mall Trust, Ser 2017-KNOX, Cl A
3.823%, 07/05/30 (A)		4,688,153		4,683,875
WFRBS Commercial Mortgage Trust, Ser 2013-UBS1, Cl C
5.192%, 03/15/46 (C)		3,000,000		2,994,862
WFRBS Commercial Mortgage Trust, Ser 2014-C25, Cl D
3.803%, 11/15/47 (A)(C)		7,310,000		6,497,390
				275,830,934
Non-Agency Residential Mortgage-Backed Obligation — 2.3%
510 Asset Backed Trust, Ser 2021-NPL1, Cl A2
3.967%, 06/25/61 (A)		20,000,000		18,643,718
Arroyo Mortgage Trust, Ser 2019-2, Cl A2
3.498%, 04/25/49 (A)(C)		3,112,537		3,050,733
Carrington Mortgage Loan Trust, Ser 2007-FRE1, Cl M8
2.461%, ICE LIBOR USD 1 Month + 2.250%, 02/25/37 (B)(D)		1,000,000		—
FirstKey Mortgage Trust, Ser 2015-1, Cl A3
3.500%, 03/25/45 (A)(C)		939,886		900,957

Description	Face Amount		Value
Galton Funding Mortgage Trust, Ser 2019-1, Cl A22
4.000%, 02/25/59 (A)(C)	$	230,669	$	228,814
Galton Funding Mortgage Trust, Ser 2019-2, Cl A21
4.000%, 06/25/59 (A)(C)		1,838,474		1,834,036
PRPM, Ser 2021-10, Cl A2
4.826%, 10/25/26 (A)		8,000,000		7,556,637
PRPM, Ser 2021-5, Cl A2
3.721%, 06/25/26 (A)		4,014,354		3,741,134
PSMC Trust, Ser 2020-2, Cl A2
3.000%, 05/25/50 (A)(C)		716,726		700,952
RCO VI Mortgage, Ser 2022-1, Cl A2
5.250%, 01/25/27 (A)		5,000,000		4,750,000
Sequoia Mortgage Trust, Ser 2013-4, Cl AIO1, IO
0.857%, 04/25/43 (A)(C)		54,533,674		829,604
Sequoia Mortgage Trust, Ser 2017-CH1, Cl A2
3.500%, 08/25/47 (A)(C)		109,007		105,968
Sequoia Mortgage Trust, Ser 2018-CH4, Cl A2
4.000%, 10/25/48 (A)(C)		201,636		201,017
Sequoia Mortgage Trust, Ser 2019-CH1, Cl A1
4.500%, 03/25/49 (A)(C)		26,041		25,969
Toorak Mortgage, Ser 2021-1, Cl M1
5.805%, 06/25/24 (A)		15,000,000		14,097,202
VOLT, Ser 2021-CF2, Cl A2
5.316%, 11/27/51 (A)		4,000,000		3,824,214
Wells Fargo Mortgage Backed Securities Trust, Ser 2020-1, Cl A1
3.000%, 12/25/49 (A)(C)		2,803,320		2,634,485
WinWater Mortgage Loan Trust, Ser 2014-1, Cl A1
3.909%, 06/20/44 (A)(C)		602,141		601,267
WinWater Mortgage Loan Trust, Ser 2014-2, Cl A1
4.000%, 09/20/44 (A)(C)		193,645		191,108
WinWater Mortgage Loan Trust, Ser 2014-3, Cl A3
3.500%, 11/20/44 (A)(C)		488,603		477,061
WinWater Mortgage Loan Trust, Ser 2015-2, Cl A11
3.500%, 02/20/45 (A)(C)		509,228		480,088
WinWater Mortgage Loan Trust, Ser 2015-3, Cl A3
3.500%, 03/20/45 (A)(C)		650,922		620,772
				65,495,736
Total Mortgage-Backed Securities (Cost $511,772,541)				434,899,952
COLLATERALIZED LOAN OBLIGATIONS — 14.9%
Apidos CLO XI, Ser 2021-11A, Cl CR3
3.044%, ICE LIBOR USD 3 Month + 2.000%, 04/17/34 (A)		13,750,000		13,601,926

7

Description	Face Amount		Value
Apidos CLO XI, Ser 2021-11A, Cl ER3
7.614%, ICE LIBOR USD 3 Month + 6.570%, 04/17/34 (A)	$	5,000,000	$	4,819,315
Apidos Funding RR Subsidiary, Ser 2018-12RR, Cl A
2.574%, ICE LIBOR USD 3 Month + 1.530%, 04/15/31 (A)		3,000,000		3,002,025
Apidos XXVIII, Ser 2017-28A, Cl A2
2.463%, ICE LIBOR USD 3 Month + 1.400%, 01/20/31 (A)		15,000,000		14,781,645
Battalion CLO 17, Ser 2021-17A, Cl B
2.663%, ICE LIBOR USD 3 Month + 1.600%, 03/09/34 (A)		5,000,000		4,952,565
BCC Middle Market, Ser 2018-1A, Cl A1A
2.613%, ICE LIBOR USD 3 Month + 1.550%, 10/20/30 (A)		21,000,000		20,814,423
Benefit Street Partners CLO III, Ser 2021-IIIA, Cl BR2
3.463%, ICE LIBOR USD 3 Month + 2.400%, 07/20/29 (A)		15,000,000		14,899,605
Benefit Street Partners CLO IV, Ser 2021-IVA, Cl A2AR
2.613%, ICE LIBOR USD 3 Month + 1.550%, 01/20/32 (A)		8,750,000		8,625,689
Benefit Street Partners III, Ser 2017-IIIA, Cl DR
7.663%, ICE LIBOR USD 3 Month + 6.600%, 07/20/29 (A)		5,000,000		4,767,410
Benefit Street Partners VIII, Ser 2018-8A, Cl A1AR
2.163%, ICE LIBOR USD 3 Month + 1.100%, 01/20/31 (A)		5,450,000		5,418,662
Carlyle Global Market Strategies, Ser 2018-1A, Cl CR2
2.844%, ICE LIBOR USD 3 Month + 1.800%, 04/17/31 (A)		4,500,000		4,361,548
Carlyle Global Market Strategies, Ser 2018-3A, Cl A1A2
2.218%, ICE LIBOR USD 3 Month + 1.180%, 01/14/32 (A)		24,855,641		24,404,810
Carlyle Global Market Strategies, Ser 2018-3A, Cl A2A2
2.888%, ICE LIBOR USD 3 Month + 1.850%, 01/14/32 (A)		7,000,000		6,986,077
Carlyle Global Market Strategies, Ser 2018-3RA, Cl A1A
2.275%, ICE LIBOR USD 3 Month + 1.050%, 07/27/31 (A)		14,877,491		14,784,491
Carlyle Global Market Strategies, Ser 2018-3RA, Cl A2
2.775%, ICE LIBOR USD 3 Month + 1.550%, 07/27/31 (A)		9,000,000		8,925,309
Carlyle Global Market Strategies, Ser 2018-5A, Cl A1RR
2.184%, ICE LIBOR USD 3 Month + 1.140%, 07/15/31 (A)		15,834,091		15,746,117

Description	Face Amount		Value
CIFC Funding, Ser 2018-1A, Cl A
2.044%, ICE LIBOR USD 3 Month + 1.000%, 04/18/31 (A)	$	10,000,000	$	9,920,290
CIFC Funding, Ser 2018-1A, Cl C
2.794%, ICE LIBOR USD 3 Month + 1.750%, 04/18/31 (A)		2,000,000		1,961,704
Dryden 68 CLO, Ser 2021-68A, Cl BR
2.744%, ICE LIBOR USD 3 Month + 1.700%, 07/15/35 (A)		11,750,000		11,633,640
Galaxy XV CLO, Ser 2021-15A, Cl CRR
2.894%, ICE LIBOR USD 3 Month + 1.850%, 10/15/30 (A)		4,814,000		4,770,183
Galaxy XXI, Ser 2015-21A, Cl AR
2.083%, ICE LIBOR USD 3 Month + 1.020%, 04/20/31 (A)		5,000,000		4,948,330
GoldenTree Credit Opportunities Financing, Ser 2018-1A, Cl A1R
2.506%, ICE LIBOR USD 3 Month + 1.680%, 06/15/34 (A)		7,438,986		7,416,118
Golub Capital Partners, Ser 2017-17A, Cl A1R
2.834%, ICE LIBOR USD 3 Month + 1.650%, 10/25/30 (A)		9,000,000		8,968,824
Golub Capital Partners, Ser 2017-21A, Cl AR
2.654%, ICE LIBOR USD 3 Month + 1.470%, 01/25/31 (A)		11,000,000		10,912,957
Golub Capital Partners, Ser 2017-21A, Cl CR
3.634%, ICE LIBOR USD 3 Month + 2.450%, 01/25/31 (A)		2,000,000		1,964,000
Golub Capital Partners, Ser 2017-22A, Cl AR
2.243%, ICE LIBOR USD 3 Month + 1.180%, 01/20/31 (A)		9,000,000		8,975,655
Golub Capital Partners, Ser 2017-23A, Cl AR
2.263%, ICE LIBOR USD 3 Month + 1.200%, 01/20/31 (A)		20,000,000		19,935,700
Golub Capital Partners, Ser 2017-23A, Cl BR
2.613%, ICE LIBOR USD 3 Month + 1.550%, 01/20/31 (A)		4,000,000		3,997,980
Golub Capital Partners, Ser 2017-24A, Cl AR
1.915%, ICE LIBOR USD 3 Month + 1.600%, 11/05/29 (A)		9,500,000		9,457,535
Golub Capital Partners, Ser 2017-24A, Cl DR
4.215%, ICE LIBOR USD 3 Month + 3.900%, 11/05/29 (A)		3,000,000		2,927,154
Golub Capital Partners, Ser 2018-26A, Cl BR
2.613%, ICE LIBOR USD 3 Month + 1.550%, 04/20/31 (A)		12,000,000		11,876,724
Golub Capital Partners, Ser 2018-36A, Cl A
2.663%, ICE LIBOR USD 3 Month + 1.300%, 02/05/31 (A)		11,000,000		10,929,369

8

Description	Face Amount		Value
Golub Capital Partners, Ser 2019-34A, Cl AR
1.840%, ICE LIBOR USD 3 Month + 1.700%, 03/14/31 (A)	$	7,000,000	$	6,966,505
Golub Capital Partners, Ser 2021-19RA, Cl B1R2
2.613%, ICE LIBOR USD 3 Month + 1.550%, 04/20/34 (A)		20,000,000		19,808,260
LCM Loan Income Fund I Income Note Issuer, Ser 2018-27A, Cl A1
2.124%, ICE LIBOR USD 3 Month + 1.080%, 07/16/31 (A)		13,000,000		12,958,192
NXT Capital CLO, Ser 2021-1A, Cl BRR
3.098%, ICE LIBOR USD 3 Month + 2.000%, 07/20/33 (A)		9,000,000		8,879,022
NXT Capital, Ser 2020-1A, Cl B
3.463%, ICE LIBOR USD 3 Month + 2.400%, 01/20/31 (A)		2,250,000		2,227,075
Oak Hill Credit Partners X-R, Ser 2021-10RA, Cl BR
2.613%, ICE LIBOR USD 3 Month + 1.550%, 04/20/34 (A)		8,000,000		7,942,784
Oak Hill Credit Partners X-R, Ser 2021-10RA, Cl CR
3.063%, ICE LIBOR USD 3 Month + 2.000%, 04/20/34 (A)		5,100,000		5,045,083
OZLM Funding IV, Ser 2017-4A, Cl A2R
2.836%, ICE LIBOR USD 3 Month + 1.700%, 10/22/30 (A)		5,000,000		4,960,970
Thayer Park CLO, Ser 2021-1A, Cl A2AR
2.463%, ICE LIBOR USD 3 Month + 1.400%, 04/20/34 (A)		9,250,000		9,077,820
Thayer Park CLO, Ser 2021-1A, Cl BR
2.863%, ICE LIBOR USD 3 Month + 1.800%, 04/20/34 (A)		9,500,000		9,402,720
Venture XIX, Ser 2018-19A, Cl ARR
2.304%, ICE LIBOR USD 3 Month + 1.260%, 01/15/32 (A)		19,250,000		19,095,384
Zais, Ser 2017-1A, Cl A2
2.544%, ICE LIBOR USD 3 Month + 1.500%, 07/15/29 (A)		11,250,000		11,107,103
Zais, Ser 2018-1A, Cl B
2.494%, ICE LIBOR USD 3 Month + 1.450%, 04/15/29 (A)		5,000,000		4,946,135
Total Collateralized Loan Obligations (Cost $427,549,978)				423,904,833
MUNICIPAL BONDS — 1.7%
GDB Debt Recovery Authority of Puerto Rico, RB
7.500%, 08/20/40		7,319,594		6,743,176
Mission, Economic Development, RB (D)
8.550%, 12/01/21(B)		2,125,000		21,250

Description	Face Amount		Value
Mission, Economic Development, RB(D)
Callable 06/06/22 @ 200
10.875%, 12/01/28(B)	$	3,315,000	$	33,150
9.750%, 12/01/25(B)		3,045,000		30,450
North Texas Tollway Authority, RB
8.410%, 02/01/30		2,005,000		2,395,363
Northwest Independent School District, Ser A, GO, PSF-GTD Callable 02/15/30 @ 200
1.776%, 02/15/31		2,000,000		1,725,841
1.836%, 02/15/32		1,890,000		1,598,087
Rhode Island State, Health & Educational System, Providence Public Schools, Ser A, RB, CITY APPROP ST AID WITHHLDG Callable 06/06/22 @ 100
8.000%, 05/15/29		5,000,000		5,008,823
San Juan, Higher Education Finance Authority, RB Callable 06/06/22 @ 100
8.250%, 08/15/29		4,400,000		4,410,043
State of Illinois, Ser A, GO
3.140%, 10/01/24		14,460,000		14,202,891
Texas State, Public Finance Authority Charter School, Ser 2010-Q, RB
8.125%, 02/15/27		1,900,000		2,084,469
Texas State, Transportation Commission State Highway Fund, RB
4.000%, 10/01/33		3,000,000		3,040,885
Texas State, Transportation Commission State Highway Fund, Ser B-BUILD, RB
5.178%, 04/01/30		3,980,000		4,269,070
University of Texas, Build America Bonds, Ser D, RB
5.134%, 08/15/42		3,000,000		3,497,023
Total Municipal Bonds (Cost $57,813,096)				49,060,521
SOVEREIGN DEBT — 1.2%
Argentine Republic Government International Bond
1.125%, 07/09/35 (E)		8,925,940		2,547,017
1.000%, 07/09/29		717,588		229,987
0.500%, 07/09/30 (E)		5,141,000		1,614,325
Colombia Government International Bond
3.250%, 04/22/32		5,000,000		3,819,350
El Salvador Government International Bond
7.750%, 01/24/23		2,000,000		1,554,819
Oman Government International Bond
6.500%, 03/08/47 (A)		15,000,000		13,711,950
Provincia de Buenos Aires
3.900%, 09/01/37 (A)(E)		333,959		137,762
Suriname Government International Bond
12.875%, 12/30/23		8,000,000		6,560,000

9

Description	Face Amount		Value
Ukraine Government International Bond
7.750%, 09/01/22	$	5,000,000	$	2,745,000
Total Sovereign Debt (Cost $40,282,869)				32,920,210
U.S. GOVERNMENT AGENCY OBLIGATIONS — 0.8%
FAMC
1.820%, 08/19/31		5,000,000		4,416,789
FFCB
2.920%, 04/29/26		5,635,000		5,593,786
2.070%, 12/21/40		5,000,000		3,823,040
1.940%, 06/30/31		5,000,000		4,495,654
FHLB
2.625%, 12/08/36		1,000,000		879,399
2.375%, 01/14/37		3,000,000		2,568,500
2.150%, 09/23/36		1,500,000		1,255,210
Total U.S. Government Agency Obligations (Cost $26,135,000)				23,032,378
	Number of Warrants
WARRANTS — 0.3%
United States — 0.3%
Noble Corp, Expires 05/02/28		269,009		4,550,825
Noble Corp, Expires 05/02/28		269,009		4,113,955
Total Warrants (Cost $5,380)				8,664,780
	Shares
COMMON STOCK — 0.1%
Noble Corp*		64,980		2,144,340
Paratus Energy Services Ltd.*		27,367		273,670
Seadrill Ltd.*		305		9,989
Total Common Stock (Cost $824,060)				2,427,999
Total Investments — 99.4% (Cost $2,969,941,772)			$	2,821,965,657

Percentages are based on Net Assets of $2,839,851,205.

* Non-income producing security.

‡ Real Estate Investment Trust

(A) Securities sold within terms of a private placement memorandum, exempt from registration under Section 144A of the Securities Act of 1933, as amended, and may be sold only to dealers in that program or other “accredited investors.” The total value of such securities at April 30, 2022 was $1,366,642,508 and represents 48.1% of Net Assets.

(B) Level 3 security in accordance with fair value hierarchy.

(C) Variable or floating rate security. The rate shown is the effective interest rate as of period end. The rates on certain securities are not based on published reference rates and spreads and are either determined by the issuer or agent based on current market conditions; by using a formula based on the rates of underlying loans; or by adjusting periodically based on prevailing interest rates.

(D) Security in default on interest payments.

(E) Step Bonds — The rate reflected on the Schedule of Investments is the effective yield on April 30, 2022. The coupon on a step bond changes on a specific date.

Cl — Class

CLO — Collateralized Loan Obligation

FAMC — Federal Agricultural Mortgage Corporation

FFCB — Federal Farm Credit Bank

FHLB — Federal Home Loan Bank

FHLMC — Federal Home Loan Mortgage Corporation

FNMA — Federal National Mortgage Association

GNMA — Government National Mortgage Association

GO — General Obligation

ICE — Intercontinental Exchange

IO — Interest Only - face amount represents notional amount

LIBOR — London Interbank Offered Rate

MTN — Medium Term Note

PSF-GTD — Texas Public School Fund Guarantee

RB — Revenue Bond

REMIC — Real Estate Mortgage Investment Conduit

Ser — Series

STRIPS — Separately Traded Registered Interest and Principal Securities

USD — U.S. Dollar

The following is a summary of the level of inputs used as of April 30, 2022, in valuing the Fund’s investments carried at value:

Investments in Securities		Level 1		Level 2		Level 3(1)		Total
U.S. Treasury Obligations	$	755,304,493	$	87,538,412	$	—	$	842,842,905
Corporate Obligations		—		423,389,083		88,068,431		511,457,514
Asset-Backed Securities		—		492,754,565		—		492,754,565
Mortgage-Backed Securities		—		434,899,952		—		434,899,952
Collateralized Loan Obligations		—		423,904,833		—		423,904,833
Municipal Bonds		—		48,975,671		84,850		49,060,521
Sovereign Debt		—		32,920,210		—		32,920,210
U.S. Government Agency Obligations		—		23,032,378		—		23,032,378
Warrants		—		8,664,780		—		8,664,780
Common Stock		283,659		2,144,340		—		2,427,999
Total Investments in Securities	$	755,588,152	$	1,978,224,224	$	88,153,281	$	2,821,965,657

10

(1)The following is a reconciliation of investments in which significant unobservable inputs (Level 3) were used in determining value as of April 30, 2022:

	Municipal Bond		Corporate     Obligations		Warrants		Total
Balance as of	$	701,100	$	—	$	3,530,743	$	4,231,843
Accrued discounts/premiums		—		—		—		—
Realized gain/(loss)		—		—		—		—
Change in unrealized appreciation/(depreciation)		(616,250)		6,243,815		—		5,627,565
Purchases		—		81,824,616		—		81,824,616
Sales		—		—		—		—
Net transfer into Level 3		—		—		—		—
Net transfer out of Level 3		—		—		(3,530,743)		(3,530,743)
Ending Balance as of April 30, 2022	$	84,850	$	88,068,431	$	—	$	88,153,281

(1) A reconciliation of Level 3 investments, including certain disclosures related to significant inputs used in valuing Level 3 investments is only presented when the Fund has over 1% of Level 3 investments at the beginning and/or end of the period in relation to net assets.

For the period ended April 30, 2022, there were transfers of $3,530,743 out of Level 3 as a result of increased trading activity.

Amounts designated as “—” are $0 or have been rounded to $0.

For information on the Fund’s policy regarding valuation of investments and other significant accounting policies, please refer to the Fund’s most recent semi-annual and annual financial statements.

FIA-QH-001-2900

11

Description	Face Amount		Value
CORPORATE OBLIGATIONS — 43.1%
Communication Services — 4.5%
ANGI Group
3.875%, 08/15/28 (A)	$	2,000,000	$	1,583,760
LCPR Senior Secured Financing DAC
6.750%, 10/15/27 (A)		900,000		894,397
Photo Holdings Merger Sub
8.500%, 10/01/26 (A)		1,500,000		1,387,500
Sprint
7.875%, 09/15/23		1,500,000		1,575,000
T-Mobile USA
3.500%, 04/15/31 (A)		3,000,000		2,658,990
				8,099,647
Consumer Discretionary — 17.9%
Airswift Global
8.895%, ICE LIBOR USD 3 Month + 8.500%, 05/12/25 (A)		2,000,000		2,015,583
APX Group
5.750%, 07/15/29 (A)		2,000,000		1,638,700
Beazer Homes USA
7.250%, 10/15/29 (A)		1,000,000		952,490
Block Financial
3.875%, 08/15/30		2,000,000		1,856,002
Bloomin’ Brands
5.125%, 04/15/29 (A)		2,000,000		1,860,000
Carvana
4.875%, 09/01/29 (A)		1,000,000		729,800
Choice Hotels International
3.700%, 12/01/29		2,000,000		1,868,905
Dillard’s
7.000%, 12/01/28		500,000		544,318
Empire Resorts
7.750%, 11/01/26 (A)		2,000,000		1,925,220
Expedia
3.800%, 02/15/28		2,000,000		1,904,784
Ford Motor Credit
3.087%, 01/09/23		2,000,000		2,001,760
Jaguar Land Rover Automotive
4.500%, 10/01/27 (A)		2,000,000		1,637,500
MajorDrive Holdings IV
6.375%, 06/01/29 (A)		3,000,000		2,377,500
Marriott International
3.500%, 10/15/32		2,000,000		1,786,149
QVC
5.450%, 08/15/34		1,000,000		801,250
4.850%, 04/01/24		500,000		497,150
4.750%, 02/15/27		1,000,000		894,990
Rent-A-Center
6.375%, 02/15/29 (A)		1,000,000		862,640
Scientific Games International
8.625%, 07/01/25 (A)		2,000,000		2,095,000
STL Holding
7.500%, 02/15/26 (A)		1,500,000		1,417,500
Under Armour
3.250%, 06/15/26		2,000,000		1,840,469
Whirlpool
4.600%, 05/15/50		1,000,000		922,483
				32,430,193

Description	Face Amount		Value
Energy — 4.0%
Murphy Oil
6.875%, 08/15/24	$	222,000	$	222,120
5.750%, 08/15/25		2,000,000		2,000,000
Tiger Holdco Pte
13.000%, 06/10/23 (A)		2,063,513		2,001,608
Transocean
11.500%, 01/30/27 (A)		1,500,000		1,492,110
VistaJet Malta Finance
7.875%, 05/01/27 (A)		1,500,000		1,411,050
				7,126,888
Financials — 4.9%
Athene Holding
6.150%, 04/03/30		500,000		525,753
Deutsche Bank MTN
4.296%, USD Swap Semi 30/360 5 Yr Curr + 2.248%, 05/24/28		2,500,000		2,452,388
HSBC Holdings
6.500%, 09/15/37		1,500,000		1,672,033
PROG Holdings
6.000%, 11/15/29 (A)		1,562,000		1,380,339
Springleaf Finance
5.375%, 11/15/29		500,000		448,750
UBS
5.125%, 05/15/24		1,500,000		1,525,059
Westpac Banking
2.894%, US Treas Yield Curve Rate T Note Const Mat 5 Yr + 1.350%, 02/04/30		1,000,000		953,845
				8,958,167
Industrials — 4.8%
Boeing
5.150%, 05/01/30		2,000,000		1,984,179
2.196%, 02/04/26		1,000,000		912,089
Brundage-Bone Concrete Pumping Holdings
6.000%, 02/01/26 (A)		2,000,000		1,870,000
Builders FirstSource
6.750%, 06/01/27 (A)		788,000		812,625
Flowserve
3.500%, 10/01/30		2,000,000		1,791,003
Masco
7.750%, 08/01/29		1,088,000		1,275,723
				8,645,619
Information Technology — 4.4%
Amkor Technology
6.625%, 09/15/27 (A)		1,000,000		1,017,500
Castle US Holding
9.500%, 02/15/28 (A)		1,000,000		917,500
Consensus Cloud Solutions
6.000%, 10/15/26 (A)		1,000,000		950,000
Diebold Nixdorf
9.375%, 07/15/25 (A)		500,000		442,500
8.500%, 04/15/24		1,000,000		657,190
Vericast
11.000%, 09/15/26 (A)		1,350,000		1,282,500
VeriSign
4.750%, 07/15/27		1,000,000		1,004,596
Western Digital
2.850%, 02/01/29		2,000,000		1,771,385
				8,043,171

1

Description	Face Amount		Value
Materials — 0.3%
Mineral Resources
8.125%, 05/01/27 (A)	$	420,000	$	426,397
Real Estate — 1.9%
GLP Capital
3.250%, 01/15/32 ‡		2,000,000		1,682,660
Sabra Health Care
3.200%, 12/01/31 ‡		2,000,000		1,678,304
				3,360,964
Utilities — 0.4%
Pacific Gas and Electric
4.500%, 07/01/40		1,000,000		819,919
Total Corporate Obligations (Cost $84,642,675)				77,910,965
ASSET-BACKED SECURITIES — 24.7%
Automotive — 16.6%
ACC Auto Trust, Ser 2021-A, Cl D
6.100%, 06/15/29 (A)		1,000,000		955,397
American Credit Acceptance Receivables Trust, Ser 2022-1, Cl F
4.870%, 11/13/28 (A)		2,600,000		2,489,293
Avid Automobile Receivables Trust, Ser 2019-1, Cl E
6.760%, 05/17/27 (A)		1,000,000		1,007,934
Avid Automobile Receivables Trust, Ser 2021-1, Cl F
5.160%, 10/16/28 (A)		2,000,000		1,883,805
BlueMountain CLO XXX, Ser 2022-30A, Cl ER
7.551%, TSFR3M + 6.700%, 04/15/35 (A)		2,000,000		1,963,220
CarNow Auto Receivables Trust, Ser 2021-2A, Cl E
4.450%, 02/15/28 (A)		1,000,000		947,856
Carvana Auto Receivables Trust, Ser 2019-1A, Cl E
5.640%, 01/15/26 (A)		1,584,000		1,606,716
Carvana Auto Receivables Trust, Ser 2019-4A, Cl E
4.700%, 10/15/26 (A)		1,000,000		992,923
Carvana Auto Receivables Trust, Ser 2021-N2, Cl E
2.900%, 03/10/28 (A)		2,000,000		1,866,902
CIG Auto Receivables Trust, Ser 2021-1A, Cl E
4.450%, 05/12/28 (A)		1,590,000		1,505,541
CPS Auto Receivables Trust, Ser 2019-B, Cl F
7.480%, 06/15/26 (A)		500,000		505,788
CPS Auto Receivables Trust, Ser 2019-D, Cl E
3.860%, 10/15/25 (A)		2,000,000		1,980,329
DT Auto Owner Trust, Ser 2019-4A, Cl E
3.930%, 10/15/26 (A)		2,000,000		1,958,272
DT Auto Owner Trust, Ser 2020-3A, Cl E
3.620%, 10/15/27 (A)		1,500,000		1,465,049

Description	Face Amount		Value
Exeter Automobile Receivables Trust 2022-2, Ser 2022-2A, Cl E
6.340%, 10/15/29 (A)	$	1,443,000	$	1,433,944
Foursight Capital Automobile Receivables Trust, Ser 2022-1, Cl E
4.690%, 08/15/29 (A)		1,000,000		929,349
GLS Auto Receivables Issuer Trust, Ser 2021-4A, Cl E
4.430%, 10/16/28 (A)		1,500,000		1,407,312
Kapitus Asset Securitization, Ser 2022-1A, Cl A
3.382%, 07/10/28 (A)		1,500,000		1,440,725
Mercury Financial Credit Card Master Trust, Ser 2022-1A, Cl C
5.200%, 09/21/26 (A)		2,000,000		1,900,848
PRET, Ser 2021-RN4, Cl A2
5.194%, 10/25/51 (A)(B)		1,850,000		1,783,346
				30,024,549
Credit Card — 0.6%
Mission Lane Credit Card Master Trust, Ser 2021-A, Cl B
2.240%, 09/15/26 (A)		1,000,000		973,978
Other Asset-Backed Securities — 7.5%
Amur Equipment Finance Receivables X, Ser 2022-1A, Cl E
5.020%, 12/20/28 (A)		1,348,000		1,282,329
Audax Senior Debt CLO 6, Ser 2021-6A, Cl B
3.013%, ICE LIBOR USD 3 Month + 1.950%, 10/20/33 (A)		1,000,000		985,512
BXMT, Ser 2020-FL2, Cl A
1.282%, SOFR30A + 1.014%, 02/15/38 (A)		1,000,000		992,664
Cold Storage Trust, Ser 2020-ICE5, Cl E
3.320%, ICE LIBOR USD 1 Month + 2.766%, 11/15/37 (A)		982,991		972,268
Credible Asset Securitization II, Ser 2021-1A, Cl B
3.380%, 04/15/26 (A)		524,000		480,727
Harley Marine Financing, Ser 2018-1A, Cl A2
5.682%, 05/15/43 (A)		1,753,945		1,745,765
Mosaic Solar Loans, Ser 2017-2A, Cl B
4.770%, 06/22/43 (A)		239,522		236,778
NMEF Funding, Ser 2021-A, Cl D
5.780%, 12/15/27 (A)		1,300,000		1,260,029
Octane Receivables Trust, Ser 2019-1A, Cl A
3.160%, 09/20/23 (A)		1,207		1,208
Pawnee Equipment Receivables Series, Ser 2019-1, Cl E
3.800%, 01/15/26 (A)		1,500,000		1,448,737
Pawneee Equipment Receivables, Ser 2021-1, Cl E
5.210%, 05/15/28 (A)		353,000		328,674
Pretium Mortgage Credit Partners I, Ser 2021-NPL1, Cl A2
4.213%, 09/27/60 (A)		1,000,000		950,636

2

Description	Face Amount		Value
Pretium Mortgage Credit Partners, Ser 2021-NPL3, Cl A2
3.721%, 07/25/51 (A)	$	500,000	$	460,033
Sapphire Aviation Finance I, Ser 2018-1A, Cl B
5.926%, 03/15/40 (A)		285,963		218,415
SCF Equipment Leasing, Ser 2021-1A, Cl D
1.930%, 09/20/30 (A)		1,500,000		1,380,158
Stack Infrastructure Issuer Series, Ser 2019-1A, Cl A2
4.540%, 02/25/44 (A)		968,333		966,139
				13,710,072
Total Asset-Backed Securities (Cost $45,852,075)				44,708,599
COLLATERALIZED LOAN OBLIGATIONS — 21.8%
Apidos CLO XI, Ser 2021-11A, Cl ER3
7.614%, ICE LIBOR USD 3 Month + 6.570%, 04/17/34 (A)		1,000,000		963,863
BCC Middle Market, Ser 2018-1A, Cl B
4.063%, ICE LIBOR USD 3 Month + 3.000%, 10/20/30 (A)		1,000,000		990,121
Benefit Street Partners III, Ser 2017-IIIA, Cl CR
4.963%, ICE LIBOR USD 3 Month + 3.900%, 07/20/29 (A)		2,000,000		1,973,356
Benefit Street Partners III, Ser 2017-IIIA, Cl DR
7.663%, ICE LIBOR USD 3 Month + 6.600%, 07/20/29 (A)		2,500,000		2,383,705
Carlyle Global Market Strategies, Ser 2018-1A, Cl CR2
2.844%, ICE LIBOR USD 3 Month + 1.800%, 04/17/31 (A)		1,250,000		1,211,541
CARLYLE US, Ser 2018-1A, Cl B
2.913%, ICE LIBOR USD 3 Month + 1.850%, 04/20/31 (A)		2,000,000		1,940,436
Chenango Park, Ser 2018-1A, Cl B
2.894%, ICE LIBOR USD 3 Month + 1.850%, 04/15/30 (A)		1,000,000		975,564
CIFC Funding, Ser 2018-1A, Cl C
2.794%, ICE LIBOR USD 3 Month + 1.750%, 04/18/31 (A)		500,000		490,426
Golub Capital Partners, Ser 2017-17A, Cl BR
4.084%, ICE LIBOR USD 3 Month + 2.900%, 10/25/30 (A)		1,500,000		1,485,921
Golub Capital Partners, Ser 2017-21A, Cl CR
3.634%, ICE LIBOR USD 3 Month + 2.450%, 01/25/31 (A)		3,000,000		2,946,000
Golub Capital Partners, Ser 2017-22A, Cl CR
2.913%, ICE LIBOR USD 3 Month + 1.850%, 01/20/31 (A)		1,500,000		1,456,685

Description	Face Amount		Value
Golub Capital Partners, Ser 2017-23A, Cl BR
2.613%, ICE LIBOR USD 3 Month + 1.550%, 01/20/31 (A)	$	1,000,000	$	999,495
Golub Capital Partners, Ser 2017-23A, Cl CR
2.863%, ICE LIBOR USD 3 Month + 1.800%, 01/20/31 (A)		2,000,000		1,944,022
Golub Capital Partners, Ser 2017-24A, Cl DR
4.215%, ICE LIBOR USD 3 Month + 3.900%, 11/05/29 (A)		2,000,000		1,951,436
Golub Capital Partners, Ser 2018-26A, Cl BR
2.613%, ICE LIBOR USD 3 Month + 1.550%, 04/20/31 (A)		1,000,000		989,727
Golub Capital Partners, Ser 2018-36A, Cl B
3.013%, ICE LIBOR USD 3 Month + 1.650%, 02/05/31 (A)		2,000,000		1,976,536
Golub Capital Partners, Ser 2018-36A, Cl C
3.463%, ICE LIBOR USD 3 Month + 2.100%, 02/05/31 (A)		1,500,000		1,470,519
Jay Park, Ser 2018-1A, Cl BR
3.063%, ICE LIBOR USD 3 Month + 2.000%, 10/20/27 (A)		1,000,000		989,916
LCM XXII, Ser 2018-22A, Cl BR
3.063%, ICE LIBOR USD 3 Month + 2.000%, 10/20/28 (A)		1,500,000		1,481,188
MCF VIII, Ser 2018-1A, Cl B
2.794%, ICE LIBOR USD 3 Month + 1.750%, 07/18/30 (A)		3,000,000		2,974,494
OZLM Funding IV, Ser 2017-4A, Cl BR
3.336%, ICE LIBOR USD 3 Month + 2.200%, 10/22/30 (A)		2,000,000		1,981,956
Race Point IX, Ser 2017-9A, Cl BR
3.194%, ICE LIBOR USD 3 Month + 2.150%, 10/15/30 (A)		4,000,000		3,915,368
Race Point IX, Ser 2017-9A, Cl DR
7.944%, ICE LIBOR USD 3 Month + 6.900%, 10/15/30 (A)		2,000,000		1,886,244
Total Collateralized Loan Obligations (Cost $40,064,740)				39,378,519
MORTGAGE-BACKED SECURITIES — 7.4%
Commercial Mortgage-Backed Obligation — 5.8%
Benchmark Mortgage Trust, Ser 2020-B21, Cl D
2.000%, 12/17/53 (A)		1,000,000		734,353
Commercial Mortgage Trust, Ser 2014-UBS6, Cl C
4.588%, 12/10/47 (B)		1,000,000		974,489
Commercial Mortgage Trust, Ser 2015-DC1, Cl D
4.441%, 02/10/48 (A)(B)		1,517,000		1,313,542
Credit Suisse Commercial Mortgage Trust, Ser 2008-C1, Cl D
6.010%, 02/15/41 (A)(B)		390,798		15,632

3

Description	Face Amount		Value
FREMF Mortgage Trust, Ser 2016-K54, Cl C
4.190%, 04/25/48 (A)(B)	$	1,000,000	$	970,603
FREMF Mortgage Trust, Ser 2016-K722, Cl B
4.023%, 07/25/49 (A)(B)		1,500,000		1,506,742
FREMF Mortgage Trust, Ser 2017-K70, Cl B
3.938%, 12/25/49 (A)(B)		2,000,000		1,941,885
FREMF Mortgage Trust, Ser 2017-K71, Cl B
3.881%, 11/25/50 (A)(B)		1,250,000		1,212,296
PRET, Ser 2021-RN3, Cl A1
1.843%, 09/25/51 (A)		932,790		883,187
WFRBS Commercial Mortgage Trust, Ser 2014-C25, Cl D
3.803%, 11/15/47 (A)(B)		1,000,000		888,836
				10,441,565
Non-Agency Residential Mortgage-Backed Obligation — 1.6%
PRPM, Ser 2021-10, Cl A2
4.826%, 10/25/26 (A)		1,000,000		944,579
RCO VI Mortgage, Ser 2022-1, Cl A2
5.250%, 01/25/27 (A)		1,000,000		950,000
VOLT, Ser 2021-CF2, Cl A2
5.316%, 11/27/51 (A)		1,000,000		956,054
				2,850,633
Total Mortgage-Backed Securities (Cost $13,799,862)				13,292,198
	Shares
COMMON STOCK — 0.0%
Erickson*(C)		3,761		35,166
Total Common Stock (Cost $1,829,567)				35,166
PREFERRED STOCK — 0.0%
Communication Services — 0.0%
MYT Holding LLC
10.000%, 06/07/29 (A)		64,528		70,013
Total Preferred Stock (Cost $64,528)				70,013
Total Investments — 97.0% (Cost $186,253,447)			$	175,395,460

Percentages are based on Net Assets of $180,831,652.

* Non-income producing security.

‡ Real Estate Investment Trust

(A) Securities sold within terms of a private placement memorandum, exempt from registration under Section 144A of the Securities Act of 1933, as amended, and may be sold only to dealers in that program or other “accredited investors.” The total value of such securities at April 30, 2022 was $134,515,549 and represents 74.4% of Net Assets.

(B) Variable or floating rate security. The rate shown is the effective interest rate as of period end. The rates on certain securities are not based on published reference rates and spreads and are either determined by the issuer or agent based on current market conditions; by using a formula based on the rates of underlying loans; or by adjusting periodically based on prevailing interest rates.

(C) Level 3 security in accordance with fair value hierarchy.

Cl — Class

CLO — Collateralized Loan Obligation

ICE — Intercontinental Exchange

LIBOR — London Interbank Offered Rate

LLC — Limited Liability Company

MTN — Medium Term Note

Ser — Series

USD — U.S. Dollar

4

The following is a summary of the level of inputs used as of April 30, 2022, in valuing the Fund’s investments carried at value:

Investments in Securities	Level 1		Level 2		Level 3(1)		Total
Corporate Obligations	$	—	$	77,910,965	$	—	$	77,910,965
Asset-Backed Securities		—		44,708,599		—		44,708,599
Collateralized Loan Obligations		—		39,378,519		—		39,378,519
Mortgage-Backed Securities		—		13,292,198		—		13,292,198
Preferred Stock		70,013		—		—		70,013
Common Stock		—		—		35,166		35,166
Total Investments in Securities	$	70,013	$	175,290,281	$	35,166	$	175,395,460

(1) A reconciliation of Level 3 investments, including certain disclosures related to significant inputs used in valuing Level 3 investments is only presented when the Fund has over 1% of Level 3 investments at the beginning and/or end of the period in relation to net assets.

Amounts designated as “—” are $0 or have been rounded to $0.

For information on the Fund’s policy regarding valuation of investments and other significant accounting policies, please refer to the Fund’s most recent semi-annual and annual financial statements.

FIA-QH-001-2900

5

Description	Face Amount		Value
ASSET-BACKED SECURITIES — 57.5%
Automotive — 49.2%
ACC Auto Trust, Ser 2021-A, Cl A
1.080%, 04/15/27 (A)	$	1,043,122	$	1,031,715
American Credit Acceptance Receivables Trust 2022-2, Ser 2022-2, Cl C
4.410%, 06/13/28 (A)		2,000,000		2,005,948
American Credit Acceptance Receivables Trust, Ser 2020-4, Cl C
1.310%, 12/14/26 (A)		8,250,000		8,161,737
American Credit Acceptance Receivables Trust, Ser 2021-4, Cl A
0.450%, 09/15/25 (A)		1,526,325		1,509,122
Amur Equipment Finance Receivables IX, Ser 2021-1A, Cl C
1.750%, 06/21/27 (A)		2,000,000		1,890,468
Amur Equipment Finance Receivables VIII, Ser 2020-1A, Cl B
2.500%, 03/20/26 (A)		1,384,090		1,369,339
Amur Equipment Finance Receivables X, Ser 2022-1A, Cl C
2.370%, 04/20/28 (A)		2,000,000		1,879,600
Amur Equipment Finance Receivables X, Ser 2022-1A, Cl D
2.910%, 08/21/28 (A)		2,000,000		1,883,766
Aqua Finance Trust 2021-A, Ser 2021-A, Cl B
2.400%, 07/17/46 (A)		1,000,000		882,967
Arivo Acceptance Auto Loan Receivables Trust 2022-1, Ser 2022-1A, Cl A
3.930%, 05/15/28 (A)		1,000,000		997,553
Arivo Acceptance Auto Loan Receivables Trust, Ser 2021-1A, Cl A
1.190%, 01/15/27 (A)		870,802		852,655
Avant Credit Card Master Trust, Ser 2021-1A, Cl A
1.370%, 04/15/27 (A)		1,220,000		1,150,259
Avid Automobile Receivables Trust, Ser 2021-1, Cl D
1.990%, 04/17/28 (A)		1,300,000		1,226,954
Canadian Pacer Auto Receivables Trust, Ser 2019-1A, Cl C
3.750%, 07/21/25 (A)		2,550,000		2,551,704
Canadian Pacer Auto Receivables Trust, Ser 2020-1A, Cl C
2.490%, 05/19/26 (A)		5,000,000		4,884,123
Canadian Pacer Auto Receivables Trust, Ser 2021-1A, Cl A3
0.500%, 10/20/25 (A)		2,500,000		2,407,256
Canadian Pacer Auto Receivables Trust, Ser 2021-1A, Cl A4
0.820%, 07/20/26 (A)		3,070,000		2,842,696
Canadian Pacer Auto Receivables Trust, Ser 2021-1A, Cl C
1.460%, 12/20/27 (A)		2,000,000		1,857,043

Description	Face Amount		Value
Capital One Multi-Asset Execution Trust, Ser 2019-A3, Cl A3
2.060%, 08/15/28	$	10,000,000	$	9,491,188
CARDS II Trust, Ser 2021-1A, Cl B
0.931%, 04/15/27 (A)		7,250,000		6,860,973
CarNow Auto Receivables Trust, Ser 2021-2A, Cl B
1.300%, 01/15/26 (A)		5,500,000		5,401,541
Carvana Auto Receivables Trust, Ser 2021-N2, Cl D
1.270%, 03/10/28		6,540,000		6,298,109
CLI Funding VI, Ser 2020-1A, Cl A
2.080%, 09/18/45 (A)		2,080,625		1,904,860
Commonbond Student Loan Trust, Ser 2021-BGS, Cl B
1.640%, 09/25/51 (A)		1,050,000		981,709
Continental Finance Credit Card ABS Master Trust, Ser 2021-A, Cl A
2.550%, 12/17/29 (A)		5,000,000		4,741,410
Credit Acceptance Auto Loan Trust, Ser 2021-3A, Cl A
1.000%, 05/15/30 (A)		2,590,000		2,479,096
Credit Acceptance Auto Loan Trust, Ser 2021-3A, Cl C
1.630%, 09/16/30 (A)		1,700,000		1,583,025
DT Auto Owner Trust 2022-1, Ser 2022-1A, Cl A
1.580%, 04/15/26 (A)		2,182,240		2,163,500
DT Auto Owner Trust, Ser 2020-1A, Cl D
2.550%, 11/17/25 (A)		5,500,000		5,396,898
DT Auto Owner Trust, Ser 2020-2A, Cl C
3.280%, 03/16/26 (A)		2,250,000		2,249,819
DT Auto Owner Trust, Ser 2020-3A, Cl C
1.470%, 06/15/26 (A)		1,410,000		1,379,290
Exeter Automobile Receivables Trust 2021-2, Ser 2021-2A, Cl B
0.570%, 09/15/25		544,000		536,139
Exeter Automobile Receivables Trust, Ser 2020-3A, Cl C
1.320%, 07/15/25		1,250,000		1,239,995
Exeter Automobile Receivables Trust, Ser 2021-1A, Cl D
1.080%, 11/16/26		2,500,000		2,376,743
First Investors Auto Owner Trust 2022-1, Ser 2022-1A, Cl A
2.030%, 01/15/27 (A)		2,336,188		2,303,493
First Investors Auto Owner Trust, Ser 2020-1A, Cl D
3.150%, 04/15/26 (A)		3,000,000		2,991,619
Flagship Credit Auto Trust, Ser 2018-4, Cl D
4.330%, 12/16/24 (A)		4,935,000		4,975,318
Foursight Capital Automobile Receivables Trust, Ser 2020-1, Cl D
2.600%, 01/15/26 (A)		2,100,000		2,067,875

1

Description	Face Amount		Value
Foursight Capital Automobile Receivables Trust, Ser 2021-2, Cl D
1.920%, 09/15/27 (A)	$	5,500,000	$	5,109,933
Foursight Capital Automobile Receivables Trust, Ser 2022-1, Cl D
3.070%, 05/15/28 (A)		4,780,000		4,384,904
Genesis Sales Finance Master Trust, Ser 2021-AA, Cl A
1.200%, 12/21/26 (A)		2,000,000		1,901,773
GLS Auto Receivables Issuer Trust, Ser 2020-3A, Cl B
1.380%, 08/15/24 (A)		438,481		438,394
GLS Auto Receivables Issuer Trust, Ser 2020-4A, Cl C
1.140%, 11/17/25 (A)		1,000,000		981,026
GLS Auto Receivables Issuer Trust, Ser 2021-1A, Cl C
1.200%, 01/15/27 (A)		2,200,000		2,150,784
GLS Auto Receivables Issuer Trust, Ser 2021-1A, Cl D
1.680%, 01/15/27 (A)		6,000,000		5,757,290
GLS Auto Receivables Issuer Trust, Ser 2021-3A, Cl D
1.480%, 07/15/27 (A)		3,000,000		2,740,194
GLS Auto Receivables Issuer Trust, Ser 2021-4A, Cl A
0.840%, 07/15/25 (A)		1,549,065		1,530,821
GLS Auto Receivables Trust, Ser 2021-2A, Cl D
1.420%, 04/15/27 (A)		1,020,000		940,890
Hertz Vehicle Financing III, Ser 2021-2A, Cl A
1.680%, 12/27/27 (A)		11,000,000		9,830,436
Hertz Vehicle Financing, Ser 2021-1A, Cl A
1.210%, 12/26/25 (A)		3,000,000		2,818,074
Marlette Funding Trust, Ser 2021-2A, Cl C
1.500%, 09/15/31 (A)		2,000,000		1,878,595
Mosaic Solar Loan Trust, Ser 2021-3A, Cl B
1.920%, 06/20/52 (A)		917,141		820,320
New Economy Assets Phase 1 Sponsor, Ser 2021-1, Cl A1
1.910%, 10/20/61 (A)		2,000,000		1,794,518
Octane Receivables Trust, Ser 2021-1A, Cl A
0.930%, 03/22/27 (A)		1,442,663		1,399,670
Octane Receivables Trust, Ser 2021-2A, Cl A
1.210%, 09/20/28 (A)		1,434,499		1,391,129
Prestige Auto Receivables Trust, Ser 2020-1A, Cl C
1.310%, 11/16/26 (A)		2,000,000		1,978,569
Prestige Auto Receivables Trust, Ser 2021-1A, Cl D
2.080%, 02/15/28 (A)		4,000,000		3,706,123

Description	Face Amount		Value
Prodigy Finance CM2021-1 DAC, Ser 2021-1A, Cl A
1.918%, ICE LIBOR USD 1 Month + 1.250%, 07/25/51 (A)	$	658,524	$	652,587
Santander Drive Auto Receivables Trust 2022-2, Ser 2022-2, Cl C
3.760%, 07/16/29		3,000,000		2,937,974
Sierra Timeshare 2021-2 Receivables Funding, Ser 2021-2A, Cl B
1.800%, 09/20/38 (A)		3,407,133		3,219,676
Trillium Credit Card Trust II, Ser 2021-1A, Cl B
2.026%, 10/26/29 (A)		6,500,000		6,001,330
United Auto Credit Securitization Trust, Ser 2020-1, Cl C
2.150%, 02/10/25 (A)		445,700		445,770
United Auto Credit Securitization Trust, Ser 2021-1, Cl C
0.840%, 06/10/26 (A)		5,500,000		5,414,422
VFI ABS 2022-1, Ser 2022-1A, Cl A
2.230%, 03/24/28 (A)		2,652,459		2,621,314
Westgate Resorts, Ser 2022-1A, Cl C
2.488%, 08/20/36 (A)		3,760,700		3,627,398
Westlake Automobile Receivables Trust, Ser 2020-2A, Cl C
2.010%, 07/15/25 (A)		2,750,000		2,736,881
Westlake Automobile Receivables Trust, Ser 2020-2A, Cl D
2.760%, 01/15/26 (A)		4,500,000		4,454,718
Westlake Automobile Receivables Trust, Ser 2020-3A, Cl C
1.240%, 11/17/25 (A)		1,000,000		979,453
Westlake Automobile Receivables Trust, Ser 2021-1A, Cl D
1.230%, 04/15/26 (A)		11,000,000		10,499,531
World Omni Auto Receivables Trust, Ser 2018-B, Cl B
3.170%, 01/15/25		1,520,000		1,523,438
				203,475,440
Credit Card — 0.8%
Master Credit Card Trust II, Ser 2020-1A, Cl C
2.590%, 09/21/24 (A)		2,519,000		2,498,225
Synchrony Credit Card Master Note Trust, Ser 2018-2, Cl B
3.670%, 05/15/26		995,000		999,655
				3,497,880
Other Asset-Backed Securities — 4.5%
BHG Securitization Trust, Ser 2021-B, Cl A
0.900%, 10/17/34 (A)		1,521,065		1,472,954
Diamond Resorts Owner Trust, Ser 2019-1A, Cl A
2.890%, 02/20/32 (A)		584,759		577,526
Mosaic Solar Loans, Ser 2017-1A, Cl A
4.450%, 06/20/42 (A)		247,782		245,071
Oportun Issuance Trust, Ser 2021-B, Cl A
1.470%, 05/08/31 (A)		1,750,000		1,640,811

2

Description	Face Amount		Value
Pawnee Equipment Receivables Series, Ser 2019-1, Cl D
2.860%, 10/15/24 (A)	$	5,000,000	$	4,846,762
Pawnee Equipment Receivables Series, Ser 2020-1, Cl A
1.370%, 11/17/25 (A)		1,399,431		1,389,422
SCF Equipment Leasing, Ser 2020-1A, Cl B
2.020%, 03/20/28 (A)		2,000,000		1,927,195
SCF Equipment Leasing, Ser 2021-1A, Cl D
1.930%, 09/20/30 (A)		2,600,000		2,392,274
Vantage Data Centers Issuer, Ser 2018-2A, Cl A2
4.196%, 11/16/43 (A)		3,863,333		3,875,411
				18,367,426
Student Loan — 3.0%
AccessLex Institute, Ser 2002-A, Cl A2
4.313%, 09/25/37 (B)		150,000		148,750
Commonbond Student Loan Trust, Ser 2017-AGS, Cl A1
2.550%, 05/25/41 (A)		624,274		621,224
Nelnet Student Loan Trust, Ser 2012-6A, Cl B
2.168%, ICE LIBOR USD 1 Month + 1.500%, 08/26/52 (A)		3,000,000		2,999,998
Nelnet Student Loan Trust, Ser 2013-3A, Cl B
2.168%, ICE LIBOR USD 1 Month + 1.500%, 07/25/47 (A)		4,000,000		3,938,946
Nelnet Student Loan Trust, Ser 2015-3A, Cl B
2.168%, ICE LIBOR USD 1 Month + 1.500%, 06/25/54 (A)		3,000,000		2,893,573
SLM Student Loan Trust, Ser 2013-2, Cl B
2.168%, ICE LIBOR USD 1 Month + 1.500%, 06/25/43		2,000,000		1,955,794
				12,558,285
Total Asset-Backed Securities (Cost $246,819,116)				237,899,031
U.S. TREASURY OBLIGATIONS — 21.1%
U.S. Treasury Note
1.625%, 12/15/22		3,000,000		3,000,000
1.500%, 01/15/23		40,000,000		39,907,812
1.125%, 01/15/25		10,000,000		9,545,313
0.750%, 05/31/26		10,000,000		9,153,125
0.250%, 05/31/25		28,000,000		25,814,687
Total U.S. Treasury Obligations (Cost $90,802,039)				87,420,937
CORPORATE OBLIGATIONS — 16.5%
Consumer Discretionary — 0.7%
Hyatt Hotels
1.800%, 10/01/24		3,000,000		2,852,036
Financials — 6.2%
Bank of America MTN
1.319%, U.S. SOFR + 1.150%, 06/19/26		5,000,000		4,581,696

Description	Face Amount		Value
Capital One Financial
4.200%, 10/29/25	$	10,000,000	$	9,974,713
Danske Bank
3.875%, 09/12/23 (A)		4,205,000		4,222,188
Deutsche Bank NY
2.222%, U.S. SOFR + 2.159%, 09/18/24		2,000,000		1,945,308
Wells Fargo MTN
2.406%, U.S. SOFR + 1.087%, 10/30/25		5,000,000		4,802,238
				25,526,143
Industrials — 3.3%
AerCap Ireland Capital DAC
1.750%, 01/30/26		5,000,000		4,444,952
1.750%, 10/29/24		1,000,000		930,578
Boeing
4.875%, 05/01/25		4,000,000		4,050,016
3.100%, 05/01/26		4,290,000		4,057,523
				13,483,069
Information Technology — 3.8%
Broadcom
3.150%, 11/15/25		8,000,000		7,795,963
Kyndryl Holdings
2.050%, 10/15/26 (A)		8,000,000		6,982,096
Molex Electronic Technologies
3.900%, 04/15/25 (A)		1,110,000		1,108,958
				15,887,017
Materials — 0.3%
Steel Dynamics
5.000%, 12/15/26		1,313,000		1,343,662
Real Estate — 2.2%
Corporate Office Properties
2.250%, 03/15/26 ‡		3,000,000		2,782,446
Equinix
1.000%, 09/15/25 ‡		5,000,000		4,530,692
Federal Realty Investment Trust
1.250%, 02/15/26 ‡		2,000,000		1,813,667
				9,126,805
Total Corporate Obligations (Cost $73,340,268)				68,218,732
U.S. GOVERNMENT AGENCY OBLIGATIONS — 2.7%
FHLB
3.000%, 05/17/24 to 05/17/27 (C)		11,000,000		10,979,881
Total U.S. Government Agency Obligations (Cost $11,000,000)				10,979,881
MORTGAGE-BACKED SECURITIES — 1.6%
Commercial Mortgage-Backed Obligation — 1.6%
Benchmark Mortgage Trust, Ser 2020-B19, Cl A2
1.691%, 09/15/53		1,305,000		1,218,223
Cold Storage Trust, Ser 2020-ICE5, Cl A
1.454%, ICE LIBOR USD 1 Month + 0.900%, 11/15/37 (A)		5,406,448		5,343,605
Total Mortgage-Backed Securities (Cost $6,749,091)				6,561,828
Total Investments — 99.4% (Cost $428,710,514)			$	411,080,409

3

Percentages are based on Net Assets of $413,440,455.

(A) Securities sold within terms of a private placement memorandum, exempt from registration under Section 144A of the Securities Act of 1933, as amended, and may be sold only to dealers in that program or other “accredited investors.” The total value of such securities at April 30, 2022 was $228,048,093 and represents 55.2% of Net Assets.

(B) Variable or floating rate security. The rate shown is the effective interest rate as of period end. The rates on certain securities are not based on published reference rates and spreads and are either determined by the issuer or agent based on current market conditions; by using a formula based on the rates of underlying loans; or by adjusting periodically based on prevailing interest rates.

(C) Step Bonds — The rate reflected on the Schedule of Investments is the effective yield on April 30, 2022. The coupon on a step bond changes on a specific date.

‡ Real Estate Investment Trust

ABS — Asset-Backed Security

Cl — Class

DAC—Designated Activity Company

FHLB — Federal Home Loan Bank

ICE—Intercontinental Exchange

LIBOR—London Interbank Offered Rate

MTN — Medium Term Note

Ser — Series

USD — U.S. Dollar

The following is a summary of the level of inputs used as of April 30, 2022, in valuing the Fund’s investments carried at value:

Investments in Securities	Level 1		Level 2		Level 3		Total
Asset-Backed Securities	$	—	$	237,899,031	$	—	$	237,899,031
U.S. Treasury Obligations		87,420,937		—		—		87,420,937
Corporate Obligations		—		68,218,732		—		68,218,732
U.S. Government Agency Obligations		—		10,979,881		—		10,979,881
Mortgage-Backed Securities		—		6,561,828		—		6,561,828
Total Investments in Securities	$	87,420,937	$	323,659,472	$	—	$	411,080,409

Amounts designated as “—” are $0 or have been rounded to $0.

For information on the Fund’s policy regarding valuation of investments and other significant accounting policies, please refer to the Fund’s most recent semi-annual and annual financial statements.

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Description	Face Amount		Value
MUNICIPAL BONDS — 82.8%
California — 3.9%
California State, Municipal Finance Authority, Ser A, RB (A)
5.000%, 03/01/25	$	930,000	$	927,755
California State, School Finance Authority, RB(A) Callable 02/01/24 @ 100
5.350%, 08/01/24		285,000		291,207
Mount Diablo Unified School District, Ser A
4.000%, 08/01/31		100,000		107,741
				1,326,703
Colorado — 4.1%
El Paso County, School District No. 49 Falcon, Ser A, COP
5.000%, 12/15/24		525,000		557,597
El Paso County, School District No. 49 Falcon, Ser B, COP
5.000%, 12/15/24		300,000		318,627
5.000%, 12/15/26		500,000		550,156
				1,426,380
District of Columbia — 1.3%
District of Columbia, RB
4.000%, 10/01/22		445,000		446,824
Idaho — 1.5%
Idaho State, Housing & Finance Association, RB
4.000%, 07/01/26		500,000		501,138
Illinois — 2.3%
Lee & Ogle Counties, School District No. 170 Dixon, GO, BAM
4.000%, 01/30/25		760,000		785,293
Kansas — 4.1%
Geary County, GO
5.000%, 09/01/25		1,300,000		1,397,386
Michigan — 3.5%
Taylor, Brownfield Redevelopment Authority, RB, NATL Callable 05/01/24 @ 100
4.000%, 05/01/28		1,175,000		1,205,478
Minnesota — 0.8%
Minnesota State, Housing Finance Agency, Ser A, RB, GNMA Callable 07/01/22 @ 100
2.600%, 09/01/42		263,133		262,887
Missouri — 4.6%
Saint Louis, Municipal Finance, RB, AGM
5.000%, 07/15/22		1,575,000		1,586,340
Ohio — 0.4%
City of Medina Ohio Callable 12/01/31 @ 100
4.000%, 12/01/32		140,000		151,182
Oklahoma — 3.1%
University of Oklahoma, Ser C, RB Callable 07/01/25 @ 100
5.000%, 07/01/35		1,000,000		1,063,397

Description	Face Amount		Value
South Carolina — 3.9%
Hilton Head Island, Ser C, GO, ST AID WITHHLDG Callable 03/01/26 @ 300
2.250%, 03/01/33	$	530,000	$	459,876
2.125%, 03/01/32		520,000		455,205
2.000%, 03/01/30		495,000		445,633
				1,360,714
Texas — 49.3%
Central Texas Turnpike System, Sub-Ser C, RB Callable 08/15/24 @ 100
5.000%, 08/15/42		1,000,000		1,028,558
Clifton, Higher Education Finance, RB, PSF-GTD Callable 08/15/24 @ 100
5.000%, 08/15/25		700,000		738,783
Clifton, Higher Education Finance, Ser A, RB
3.375%, 12/01/24		780,000		769,307
Clifton, Higher Education Finance, Ser B, RB
5.000%, 08/15/25		460,000		487,195
4.000%, 08/15/22		525,000		528,229
4.000%, 08/15/23		500,000		508,722
Cypress-Fairbanks Independent School District, Ser A, GO, PSF-GTD Callable 02/15/29 @ 100
5.000%, 02/15/30		1,500,000		1,709,086
Dallas Area, Rapid Transit, Ser A, RB
5.000%, 12/01/22		1,000,000		1,019,583
Downtown Redevelopment Authority, TA, BAM
5.000%, 09/01/25		1,000,000		1,062,105
Downtown Redevelopment Authority, TA, BAM Callable 09/01/25 @ 100
5.000%, 09/01/29		1,000,000		1,074,912
El Paso County, Hospital District, GO
5.000%, 08/15/25		1,070,000		1,143,965
La Vernia, Higher Education Finance, Ser A, RB (A)(B)
4.200%, 08/15/25		425,000		437,137
La Vernia, Higher Education Finance, Ser A, RB(A), Pre-Refunded @ 100
5.250%, 08/15/35		1,435,000		1,520,543
Love Field Airport Modernization, AMT, RB
5.000%, 11/01/22		1,000,000		1,014,678
Lower Colorado River Authority Callable 05/15/30 @ 100
5.000%, 05/15/39		1,000,000		1,104,232
San Antonio, Public Facilities, RB Callable 09/15/22 @ 100
5.000%, 09/15/26		1,000,000		1,010,303
Seminole, Hospital District, GO Callable 02/15/26 @ 100
4.000%, 02/15/31		545,000		558,919

1

Description	Face Amount		Value
Texas A&M University, Permanent University Fund, Ser B, RB Callable 07/01/25 @ 100
5.000%, 07/01/34	$	1,000,000	$	1,071,533
				16,787,790
Total Municipal Bonds (Cost $28,631,807)				28,301,512
Total Investments — 82.8% (Cost $28,631,807)			$	28,301,512

Percentages are based on Net Assets of $34,167,269.

(A) Securities sold within terms of a private placement memorandum, exempt from registration under Section 144A of the Securities Act of 1933, as amended, and may be sold only to dealers in that program or other “accredited investors.” The total value of such securities at April 30, 2022 was $3,176,642 and represents 9.3% of Net Assets.

(B) Escrowed to Maturity

AGM — Assured Guarantee Municipal

AMT — Alternative Minimum Tax (subject to)

BAM — Build America Mutual

COP — Certificate of Participation

GNMA — Government National Mortgage Association

GO — General Obligation

PSF-GTD — Texas Public School Fund Guarantee

RB — Revenue Bond

Ser — Series

TA — Tax Allocation

As of April 30, 2022, all of the Fund’s investments in securities were considered Level 2, in accordance with the authoritative guidance on fair value measurements and disclosure under U.S. GAAP.

For information on the Fund’s policy regarding valuation of investments and other significant accounting policies, please refer to the Fund’s most recent semi-annual and annual financial statements.

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