SCHEDULE OF INVESTMENTS (Unaudited)
April 30, 2023
Ultra Short Duration Bond Fund
| |
|
|
|
|
|
|
Description |
|
Face Amount
(Thousands) |
|
|
Market Value
($ Thousands) |
|
CORPORATE OBLIGATIONS — 36.0% |
Communication Services — 1.2% |
|
|
|
|
AT&T |
|
|
|
|
|
|
|
|
5.539%, 02/20/2026 |
|
$ |
300 |
|
|
$ |
300 |
|
5.480%, SOFRINDX + 0.640%, 03/25/2024 (A) |
|
|
650 |
|
|
|
649 |
|
Take-Two Interactive Software |
|
|
|
|
|
|
|
|
3.300%, 03/28/2024 |
|
|
525 |
|
|
|
515 |
|
Verizon Communications |
|
|
|
|
|
|
|
|
5.610%, SOFRINDX + 0.790%, 03/20/2026 (A) |
|
|
500 |
|
|
|
496 |
|
5.331%, SOFRINDX + 0.500%, 03/22/2024 (A) |
|
|
500 |
|
|
|
500 |
|
Warnermedia Holdings |
|
|
|
|
|
|
|
|
3.428%, 03/15/2024 (B) |
|
|
750 |
|
|
|
734 |
|
| |
|
|
|
|
|
|
|
|
| |
|
|
|
|
|
|
3,194 |
|
| |
|
|
|
|
|
|
|
|
Consumer Discretionary — 2.3% |
|
|
|
|
American Honda Finance MTN |
|
|
|
|
|
|
|
|
0.875%, 07/07/2023 |
|
|
300 |
|
|
|
298 |
|
Daimler Truck Finance North America LLC |
|
|
|
|
|
|
|
|
5.837%, U.S. SOFR + 1.000%, 04/05/2024 (A)(B) |
|
|
450 |
|
|
|
449 |
|
5.562%, U.S. SOFR + 0.750%, 12/13/2024 (A)(B) |
|
|
600 |
|
|
|
595 |
|
General Motors Financial |
|
|
|
|
|
|
|
|
5.552%, U.S. SOFR + 0.760%, 03/08/2024 (A) |
|
|
500 |
|
|
|
498 |
|
5.457%, U.S. SOFR + 0.620%, 10/15/2024 (A) |
|
|
2,895 |
|
|
|
2,861 |
|
4.250%, 05/15/2023 |
|
|
525 |
|
|
|
524 |
|
Home Depot |
|
|
|
|
|
|
|
|
4.000%, 09/15/2025 |
|
|
45 |
|
|
|
45 |
|
Howard University |
|
|
|
|
|
|
|
|
2.801%, 10/01/2023 |
|
|
380 |
|
|
|
376 |
|
Hyatt Hotels |
|
|
|
|
|
|
|
|
1.300%, 10/01/2023 |
|
|
175 |
|
|
|
172 |
|
Nordstrom |
|
|
|
|
|
|
|
|
2.300%, 04/08/2024 |
|
|
210 |
|
|
|
200 |
|
Starbucks |
|
|
|
|
|
|
|
|
5.140%, SOFRINDX + 0.420%, 02/14/2024 (A) |
|
|
345 |
|
|
|
345 |
|
| |
|
|
|
|
|
|
|
|
| |
|
|
|
|
|
|
6,363 |
|
| |
|
|
|
|
|
|
|
|
Consumer Staples — 1.6% |
|
|
|
|
Coca-Cola Europacific Partners PLC |
|
|
|
|
|
|
|
|
0.500%, 05/05/2023 (B) |
|
|
350 |
|
|
|
350 |
|
Conagra Brands |
|
|
|
|
|
|
|
|
0.500%, 08/11/2023 |
|
|
325 |
|
|
|
321 |
|
Constellation Brands |
|
|
|
|
|
|
|
|
3.600%, 05/09/2024 |
|
|
350 |
|
|
|
344 |
|
General Mills |
|
|
|
|
|
|
|
|
5.241%, 11/18/2025 |
|
|
320 |
|
|
|
320 |
|
| |
|
|
|
|
|
|
Description |
|
Face Amount
(Thousands) |
|
|
Market Value
($ Thousands) |
|
CORPORATE OBLIGATIONS (continued) |
JDE Peet's |
|
|
|
|
|
|
|
|
0.800%, 09/24/2024 (B) |
|
$ |
500 |
|
|
$ |
467 |
|
Kenvue |
|
|
|
|
|
|
|
|
5.500%, 03/22/2025 (B) |
|
|
275 |
|
|
|
280 |
|
Keurig Dr Pepper |
|
|
|
|
|
|
|
|
0.750%, 03/15/2024 |
|
|
2,010 |
|
|
|
1,935 |
|
Mondelez International |
|
|
|
|
|
|
|
|
2.125%, 03/17/2024 |
|
|
290 |
|
|
|
282 |
|
| |
|
|
|
|
|
|
|
|
| |
|
|
|
|
|
|
4,299 |
|
| |
|
|
|
|
|
|
|
|
Energy — 3.1% |
|
|
|
|
ConocoPhillips |
|
|
|
|
|
|
|
|
2.125%, 03/08/2024 |
|
|
450 |
|
|
|
440 |
|
Enbridge |
|
|
|
|
|
|
|
|
5.357%, SOFRINDX + 0.630%, 02/16/2024 (A) |
|
|
775 |
|
|
|
773 |
|
Energy Transfer |
|
|
|
|
|
|
|
|
5.875%, 01/15/2024 |
|
|
1,370 |
|
|
|
1,370 |
|
Kinder Morgan Energy Partners |
|
|
|
|
|
|
|
|
4.300%, 05/01/2024 |
|
|
1,350 |
|
|
|
1,338 |
|
Pioneer Natural Resources |
|
|
|
|
|
|
|
|
0.550%, 05/15/2023 |
|
|
830 |
|
|
|
829 |
|
Saudi Arabian Oil |
|
|
|
|
|
|
|
|
1.250%, 11/24/2023 (B) |
|
|
200 |
|
|
|
195 |
|
Saudi Arabian Oil MTN |
|
|
|
|
|
|
|
|
2.875%, 04/16/2024 (B) |
|
|
1,230 |
|
|
|
1,202 |
|
Southern Union |
|
|
|
|
|
|
|
|
7.600%, 02/01/2024 |
|
|
700 |
|
|
|
705 |
|
Williams |
|
|
|
|
|
|
|
|
5.400%, 03/02/2026 |
|
|
110 |
|
|
|
112 |
|
4.300%, 03/04/2024 |
|
|
1,365 |
|
|
|
1,354 |
|
| |
|
|
|
|
|
|
|
|
| |
|
|
|
|
|
|
8,318 |
|
| |
|
|
|
|
|
|
|
|
Financials — 17.0% |
|
|
|
|
American Express |
|
|
|
|
|
|
|
|
4.990%, U.S. SOFR + 0.999%, 05/01/2026 (A) |
|
|
275 |
|
|
|
275 |
|
3.950%, 08/01/2025 |
|
|
325 |
|
|
|
319 |
|
3.375%, 05/03/2024 |
|
|
350 |
|
|
|
343 |
|
0.750%, 11/03/2023 |
|
|
2,005 |
|
|
|
1,961 |
|
Athene Global Funding |
|
|
|
|
|
|
|
|
5.454%, SOFRINDX + 0.700%, 05/24/2024 (A)(B) |
|
|
825 |
|
|
|
816 |
|
Banco Santander |
|
|
|
|
|
|
|
|
3.892%, 05/24/2024 |
|
|
400 |
|
|
|
393 |
|
Bank of America |
|
|
|
|
|
|
|
|
5.528%, U.S. SOFR + 0.690%, 04/22/2025 (A) |
|
|
650 |
|
|
|
645 |
|
5.080%, U.S. SOFR + 1.290%, 01/20/2027 (A) |
|
|
275 |
|
|
|
274 |
|
SCHEDULE OF INVESTMENTS (Unaudited)
April 30, 2023
Ultra Short Duration Bond Fund (Continued)
| |
|
|
|
|
|
|
Description |
|
Face Amount
(Thousands) |
|
|
Market Value
($ Thousands) |
|
CORPORATE OBLIGATIONS (continued) |
Bank of America MTN |
|
|
|
|
|
|
|
|
5.499%, U.S. SOFR + 0.660%, 02/04/2025 (A) |
|
$ |
510 |
|
|
$ |
507 |
|
5.272%, BSBY3M + 0.430%, 05/28/2024 (A) |
|
|
575 |
|
|
|
574 |
|
1.843%, U.S. SOFR + 0.670%, 02/04/2025 (A) |
|
|
1,830 |
|
|
|
1,775 |
|
1.486%, U.S. SOFR + 1.460%, 05/19/2024 (A) |
|
|
300 |
|
|
|
299 |
|
Bank of Montreal |
|
|
|
|
|
|
|
|
5.142%, SOFRINDX + 0.350%, 12/08/2023 (A) |
|
|
600 |
|
|
|
599 |
|
Bank of Montreal MTN |
|
|
|
|
|
|
|
|
5.432%, SOFRINDX + 0.620%, 09/15/2026 (A) |
|
|
675 |
|
|
|
662 |
|
5.157%, SOFRINDX + 0.320%, 07/09/2024 (A) |
|
|
325 |
|
|
|
323 |
|
Bank of Nova Scotia |
|
|
|
|
|
|
|
|
5.219%, U.S. SOFR + 0.380%, 07/31/2024 (A) |
|
|
650 |
|
|
|
646 |
|
Banque Federative du Credit Mutuel |
|
|
|
|
|
|
|
|
4.935%, 01/26/2026 (B) |
|
|
350 |
|
|
|
349 |
|
4.524%, 07/13/2025 (B) |
|
|
250 |
|
|
|
246 |
|
Barclays PLC MTN |
|
|
|
|
|
|
|
|
4.338%, ICE LIBOR USD 3 Month + 1.356%, 05/16/2024 (A) |
|
|
650 |
|
|
|
649 |
|
BPCE |
|
|
|
|
|
|
|
|
5.029%, 01/15/2025 (B) |
|
|
345 |
|
|
|
341 |
|
Brighthouse Financial Global Funding MTN |
|
|
|
|
|
|
|
|
5.597%, U.S. SOFR + 0.760%, 04/12/2024 (A)(B) |
|
|
445 |
|
|
|
440 |
|
Canadian Imperial Bank of Commerce |
|
|
|
|
|
|
|
|
5.205%, SOFRINDX + 0.400%, 12/14/2023 (A) |
|
|
575 |
|
|
|
573 |
|
Capital One Financial |
|
|
|
|
|
|
|
|
5.482%, U.S. SOFR + 0.690%, 12/06/2024 (A) |
|
|
425 |
|
|
|
416 |
|
4.985%, U.S. SOFR + 2.160%, 07/24/2026 (A) |
|
|
250 |
|
|
|
244 |
|
Citigroup |
|
|
|
|
|
|
|
|
5.532%, U.S. SOFR + 0.694%, 01/25/2026 (A) |
|
|
350 |
|
|
|
345 |
|
5.508%, U.S. SOFR + 0.669%, 05/01/2025 (A) |
|
|
250 |
|
|
|
248 |
|
Citizens Bank |
|
|
|
|
|
|
|
|
4.119%, U.S. SOFR + 1.395%, 05/23/2025 (A) |
|
|
250 |
|
|
|
238 |
|
CNA Financial |
|
|
|
|
|
|
|
|
7.250%, 11/15/2023 |
|
|
200 |
|
|
|
201 |
|
Commonwealth Bank of Australia |
|
|
|
|
|
|
|
|
5.332%, U.S. SOFR + 0.520%, 06/15/2026 (A)(B) |
|
|
425 |
|
|
|
419 |
|
| |
|
|
|
|
|
|
Description |
|
Face Amount
(Thousands) |
|
|
Market Value
($ Thousands) |
|
CORPORATE OBLIGATIONS (continued) |
Corebridge Financial |
|
|
|
|
|
|
|
|
3.500%, 04/04/2025 (B) |
|
$ |
230 |
|
|
$ |
221 |
|
Corebridge Global Funding |
|
|
|
|
|
|
|
|
0.800%, 07/07/2023 (B) |
|
|
315 |
|
|
|
312 |
|
Credit Suisse NY |
|
|
|
|
|
|
|
|
5.230%, SOFRINDX + 0.390%, 02/02/2024 (A) |
|
|
2,280 |
|
|
|
2,207 |
|
4.750%, 08/09/2024 |
|
|
250 |
|
|
|
242 |
|
0.520%, 08/09/2023 |
|
|
650 |
|
|
|
637 |
|
Danske Bank |
|
|
|
|
|
|
|
|
6.466%, US Treas Yield Curve Rate T Note Const Mat 1 Yr + 2.100%, 01/09/2026 (A)(B) |
|
|
350 |
|
|
|
352 |
|
Deutsche Bank NY |
|
|
|
|
|
|
|
|
5.946%, U.S. SOFR + 1.219%, 11/16/2027 (A) |
|
|
550 |
|
|
|
494 |
|
5.339%, U.S. SOFR + 0.500%, 11/08/2023 (A) |
|
|
600 |
|
|
|
595 |
|
DNB Bank |
|
|
|
|
|
|
|
|
2.968%, SOFRINDX + 0.810%, 03/28/2025 (A)(B) |
|
|
275 |
|
|
|
269 |
|
Equitable Financial Life Global Funding |
|
|
|
|
|
|
|
|
5.500%, 12/02/2025 (B) |
|
|
300 |
|
|
|
300 |
|
Fifth Third Bank |
|
|
|
|
|
|
|
|
5.852%, U.S. SOFR + 1.230%, 10/27/2025 (A) |
|
|
470 |
|
|
|
467 |
|
GA Global Funding Trust |
|
|
|
|
|
|
|
|
5.301%, U.S. SOFR + 0.500%, 09/13/2024 (A)(B) |
|
|
1,745 |
|
|
|
1,694 |
|
Goldman Sachs Group |
|
|
|
|
|
|
|
|
5.538%, U.S. SOFR + 0.700%, 01/24/2025 (A) |
|
|
425 |
|
|
|
423 |
|
5.298%, U.S. SOFR + 0.500%, 09/10/2024 (A) |
|
|
250 |
|
|
|
249 |
|
1.757%, U.S. SOFR + 0.730%, 01/24/2025 (A) |
|
|
2,200 |
|
|
|
2,135 |
|
HSBC Holdings PLC |
|
|
|
|
|
|
|
|
7.336%, U.S. SOFR + 3.030%, 11/03/2026 (A) |
|
|
300 |
|
|
|
315 |
|
5.318%, U.S. SOFR + 0.580%, 11/22/2024 (A) |
|
|
425 |
|
|
|
419 |
|
Huntington National Bank |
|
|
|
|
|
|
|
|
4.008%, U.S. SOFR + 1.205%, 05/16/2025 (A) |
|
|
250 |
|
|
|
241 |
|
Jackson Financial |
|
|
|
|
|
|
|
|
1.125%, 11/22/2023 |
|
|
425 |
|
|
|
415 |
|
JPMorgan Chase |
|
|
|
|
|
|
|
|
5.723%, U.S. SOFR + 0.885%, 04/22/2027 (A) |
|
|
650 |
|
|
|
641 |
|
5.414%, U.S. SOFR + 0.580%, 06/23/2025 (A) |
|
|
325 |
|
|
|
321 |
|
SCHEDULE OF INVESTMENTS (Unaudited)
April 30, 2023
Ultra Short Duration Bond Fund (Continued)
| |
|
|
|
|
|
|
Description |
|
Face Amount
(Thousands) |
|
|
Market Value
($ Thousands) |
|
CORPORATE OBLIGATIONS (continued) |
5.307%, U.S. SOFR + 0.535%, 06/01/2025 (A) |
|
$ |
400 |
|
|
$ |
396 |
|
3.845%, U.S. SOFR + 0.980%, 06/14/2025 (A) |
|
|
2,090 |
|
|
|
2,052 |
|
KeyBank |
|
|
|
|
|
|
|
|
5.180%, SOFRINDX + 0.340%, 01/03/2024 (A) |
|
|
575 |
|
|
|
569 |
|
5.125%, SOFRINDX + 0.320%, 06/14/2024 (A) |
|
|
400 |
|
|
|
392 |
|
Macquarie Group MTN |
|
|
|
|
|
|
|
|
5.547%, U.S. SOFR + 0.710%, 10/14/2025 (A)(B) |
|
|
425 |
|
|
|
418 |
|
Manufacturers & Traders Trust |
|
|
|
|
|
|
|
|
5.400%, 11/21/2025 |
|
|
300 |
|
|
|
293 |
|
4.650%, 01/27/2026 |
|
|
460 |
|
|
|
445 |
|
MassMutual Global Funding II |
|
|
|
|
|
|
|
|
5.197%, U.S. SOFR + 0.360%, 04/12/2024 (A)(B) |
|
|
400 |
|
|
|
399 |
|
MassMutual Global Funding II MTN |
|
|
|
|
|
|
|
|
0.850%, 06/09/2023 (B) |
|
|
448 |
|
|
|
446 |
|
Mitsubishi UFJ Financial Group |
|
|
|
|
|
|
|
|
4.788%, US Treas Yield Curve Rate T Note Const Mat 1 Yr + 1.700%, 07/18/2025 (A) |
|
|
325 |
|
|
|
322 |
|
Mizuho Financial Group |
|
|
|
|
|
|
|
|
5.588%, ICE LIBOR USD 3 Month + 0.630%, 05/25/2024 (A) |
|
|
775 |
|
|
|
775 |
|
Morgan Stanley |
|
|
|
|
|
|
|
|
5.050%, U.S. SOFR + 1.295%, 01/28/2027 (A) |
|
|
275 |
|
|
|
276 |
|
3.620%, U.S. SOFR + 1.160%, 04/17/2025 (A) |
|
|
2,130 |
|
|
|
2,088 |
|
Morgan Stanley Bank |
|
|
|
|
|
|
|
|
4.754%, 04/21/2026 |
|
|
250 |
|
|
|
251 |
|
National Bank of Canada |
|
|
|
|
|
|
|
|
0.750%, 08/06/2024 |
|
|
325 |
|
|
|
307 |
|
Nationwide Building Society |
|
|
|
|
|
|
|
|
0.550%, 01/22/2024 (B) |
|
|
400 |
|
|
|
385 |
|
NatWest Markets PLC |
|
|
|
|
|
|
|
|
5.247%, U.S. SOFR + 0.530%, 08/12/2024 (A)(B) |
|
|
490 |
|
|
|
486 |
|
Nordea Bank Abp |
|
|
|
|
|
|
|
|
1.000%, 06/09/2023 (B) |
|
|
300 |
|
|
|
298 |
|
Pacific Life Global Funding II |
|
|
|
|
|
|
|
|
0.500%, 09/23/2023 (B) |
|
|
400 |
|
|
|
393 |
|
PNC Financial Services Group |
|
|
|
|
|
|
|
|
5.671%, SOFRINDX + 1.090%, 10/28/2025 (A) |
|
|
425 |
|
|
|
426 |
|
Principal Life Global Funding II |
|
|
|
|
|
|
|
|
5.287%, U.S. SOFR + 0.450%, 04/12/2024 (A)(B) |
|
|
170 |
|
|
|
170 |
|
| |
|
|
|
|
|
|
Description |
|
Face Amount
(Thousands) |
|
|
Market Value
($ Thousands) |
|
CORPORATE OBLIGATIONS (continued) |
5.137%, U.S. SOFR + 0.380%, 08/23/2024 (A)(B) |
|
$ |
665 |
|
|
$ |
661 |
|
Protective Life Global Funding |
|
|
|
|
|
|
|
|
1.082%, 06/09/2023 (B) |
|
|
255 |
|
|
|
254 |
|
Royal Bank of Canada MTN |
|
|
|
|
|
|
|
|
5.288%, SOFRINDX + 0.450%, 10/26/2023 (A) |
|
|
400 |
|
|
|
400 |
|
Skandinaviska Enskilda Banken |
|
|
|
|
|
|
|
|
0.550%, 09/01/2023 (B) |
|
|
250 |
|
|
|
246 |
|
Societe Generale |
|
|
|
|
|
|
|
|
5.888%, U.S. SOFR + 1.050%, 01/21/2026 (A)(B) |
|
|
425 |
|
|
|
415 |
|
4.351%, 06/13/2025 (B) |
|
|
500 |
|
|
|
489 |
|
Standard Chartered PLC |
|
|
|
|
|
|
|
|
7.776%, US Treas Yield Curve Rate T Note Const Mat 1 Yr + 3.100%, 11/16/2025 (A)(B) |
|
|
300 |
|
|
|
309 |
|
6.170%, US Treas Yield Curve Rate T Note Const Mat 1 Yr + 2.050%, 01/09/2027 (A)(B) |
|
|
350 |
|
|
|
355 |
|
Sumitomo Mitsui Trust Bank MTN |
|
|
|
|
|
|
|
|
5.245%, U.S. SOFR + 0.440%, 09/16/2024 (A)(B) |
|
|
500 |
|
|
|
497 |
|
Toronto-Dominion Bank MTN |
|
|
|
|
|
|
|
|
5.388%, U.S. SOFR + 0.590%, 09/10/2026 (A) |
|
|
425 |
|
|
|
417 |
|
5.148%, U.S. SOFR + 0.350%, 09/10/2024 (A) |
|
|
500 |
|
|
|
496 |
|
5.135%, U.S. SOFR + 0.355%, 03/04/2024 (A) |
|
|
575 |
|
|
|
573 |
|
Truist Financial MTN |
|
|
|
|
|
|
|
|
5.195%, U.S. SOFR + 0.400%, 06/09/2025 (A) |
|
|
400 |
|
|
|
385 |
|
UBS |
|
|
|
|
|
|
|
|
0.700%, 08/09/2024 (B) |
|
|
400 |
|
|
|
375 |
|
UBS MTN |
|
|
|
|
|
|
|
|
5.066%, U.S. SOFR + 0.360%, 02/09/2024 (A)(B) |
|
|
400 |
|
|
|
399 |
|
| |
|
|
|
|
|
|
|
|
| |
|
|
|
|
|
|
45,927 |
|
| |
|
|
|
|
|
|
|
|
Health Care — 4.0% |
|
|
|
|
Amgen |
|
|
|
|
|
|
|
|
5.250%, 03/02/2025 |
|
|
275 |
|
|
|
277 |
|
Baxter International |
|
|
|
|
|
|
|
|
5.201%, SOFRINDX + 0.440%, 11/29/2024 (A) |
|
|
425 |
|
|
|
417 |
|
Bristol-Myers Squibb |
|
|
|
|
|
|
|
|
0.537%, 11/13/2023 |
|
|
425 |
|
|
|
415 |
|
Cigna Group |
|
|
|
|
|
|
|
|
3.750%, 07/15/2023 |
|
|
1,775 |
|
|
|
1,768 |
|
0.613%, 03/15/2024 |
|
|
190 |
|
|
|
183 |
|
SCHEDULE OF INVESTMENTS (Unaudited)
April 30, 2023
Ultra Short Duration Bond Fund (Continued)
| |
|
|
|
|
|
|
Description |
|
Face Amount
(Thousands) |
|
|
Market Value
($ Thousands) |
|
CORPORATE OBLIGATIONS (continued) |
CommonSpirit Health |
|
|
|
|
|
|
|
|
4.200%, 08/01/2023 |
|
$ |
1,115 |
|
|
$ |
1,110 |
|
CVS Health |
|
|
|
|
|
|
|
|
5.000%, 02/20/2026 |
|
|
275 |
|
|
|
278 |
|
GE HealthCare Technologies |
|
|
|
|
|
|
|
|
5.550%, 11/15/2024 (B) |
|
|
375 |
|
|
|
377 |
|
Haleon US Capital LLC |
|
|
|
|
|
|
|
|
3.024%, 03/24/2024 |
|
|
420 |
|
|
|
411 |
|
Humana |
|
|
|
|
|
|
|
|
5.700%, 03/13/2026 |
|
|
275 |
|
|
|
277 |
|
0.650%, 08/03/2023 |
|
|
1,700 |
|
|
|
1,680 |
|
Illumina |
|
|
|
|
|
|
|
|
5.800%, 12/12/2025 |
|
|
300 |
|
|
|
305 |
|
PerkinElmer |
|
|
|
|
|
|
|
|
0.550%, 09/15/2023 |
|
|
600 |
|
|
|
590 |
|
Royalty Pharma PLC |
|
|
|
|
|
|
|
|
0.750%, 09/02/2023 |
|
|
700 |
|
|
|
688 |
|
Stryker |
|
|
|
|
|
|
|
|
0.600%, 12/01/2023 |
|
|
230 |
|
|
|
224 |
|
Thermo Fisher Scientific |
|
|
|
|
|
|
|
|
5.367%, SOFRINDX + 0.530%, 10/18/2024 (A) |
|
|
1,810 |
|
|
|
1,809 |
|
| |
|
|
|
|
|
|
|
|
| |
|
|
|
|
|
|
10,809 |
|
| |
|
|
|
|
|
|
|
|
Industrials — 0.8% |
|
|
|
|
AerCap Ireland Capital DAC |
|
|
|
|
|
|
|
|
5.521%, U.S. SOFR + 0.680%, 09/29/2023 (A) |
|
|
700 |
|
|
|
697 |
|
Boeing |
|
|
|
|
|
|
|
|
1.950%, 02/01/2024 |
|
|
425 |
|
|
|
413 |
|
Cargill |
|
|
|
|
|
|
|
|
1.375%, 07/23/2023 (B) |
|
|
300 |
|
|
|
298 |
|
Carlisle |
|
|
|
|
|
|
|
|
0.550%, 09/01/2023 |
|
|
175 |
|
|
|
172 |
|
DAE Funding LLC MTN |
|
|
|
|
|
|
|
|
1.550%, 08/01/2024 (B) |
|
|
450 |
|
|
|
426 |
|
Raytheon Technologies |
|
|
|
|
|
|
|
|
5.000%, 02/27/2026 |
|
|
115 |
|
|
|
117 |
|
| |
|
|
|
|
|
|
|
|
| |
|
|
|
|
|
|
2,123 |
|
| |
|
|
|
|
|
|
|
|
Information Technology — 1.8% |
|
|
|
|
Hewlett Packard Enterprise |
|
|
|
|
|
|
|
|
5.900%, 10/01/2024 |
|
|
1,300 |
|
|
|
1,314 |
|
4.450%, 10/02/2023 |
|
|
250 |
|
|
|
248 |
|
Microchip Technology |
|
|
|
|
|
|
|
|
0.972%, 02/15/2024 |
|
|
375 |
|
|
|
362 |
|
Skyworks Solutions |
|
|
|
|
|
|
|
|
0.900%, 06/01/2023 |
|
|
855 |
|
|
|
852 |
|
TD SYNNEX |
|
|
|
|
|
|
|
|
1.250%, 08/09/2024 |
|
|
650 |
|
|
|
610 |
|
| |
|
|
|
|
|
|
Description |
|
Face Amount
(Thousands) |
|
|
Market Value
($ Thousands) |
|
CORPORATE OBLIGATIONS (continued) |
VMware |
|
|
|
|
|
|
|
|
1.000%, 08/15/2024 |
|
$ |
1,445 |
|
|
$ |
1,368 |
|
| |
|
|
|
|
|
|
|
|
| |
|
|
|
|
|
|
4,754 |
|
| |
|
|
|
|
|
|
|
|
Materials — 0.6% |
|
|
|
|
Celanese US Holdings LLC |
|
|
|
|
|
|
|
|
5.900%, 07/05/2024 |
|
|
325 |
|
|
|
325 |
|
Martin Marietta Materials |
|
|
|
|
|
|
|
|
0.650%, 07/15/2023 |
|
|
480 |
|
|
|
475 |
|
Nutrien |
|
|
|
|
|
|
|
|
5.900%, 11/07/2024 |
|
|
175 |
|
|
|
177 |
|
Sherwin-Williams |
|
|
|
|
|
|
|
|
4.050%, 08/08/2024 |
|
|
250 |
|
|
|
247 |
|
Vulcan Materials |
|
|
|
|
|
|
|
|
5.800%, 03/01/2026 |
|
|
275 |
|
|
|
277 |
|
| |
|
|
|
|
|
|
|
|
| |
|
|
|
|
|
|
1,501 |
|
| |
|
|
|
|
|
|
|
|
Real Estate — 0.1% |
|
|
|
|
Realty Income |
|
|
|
|
|
|
|
|
5.050%, 01/13/2026 |
|
|
320 |
|
|
|
320 |
|
| |
|
|
|
|
|
|
|
|
| |
|
|
|
|
|
|
|
|
| |
|
|
|
|
|
|
|
|
Utilities — 3.5% |
|
|
|
|
American Electric Power |
|
|
|
|
|
|
|
|
5.779%, ICE LIBOR USD 3 Month + 0.480%, 11/01/2023 (A) |
|
|
1,060 |
|
|
|
1,058 |
|
CenterPoint Energy |
|
|
|
|
|
|
|
|
5.369%, SOFRINDX + 0.650%, 05/13/2024 (A) |
|
|
325 |
|
|
|
323 |
|
Dominion Energy |
|
|
|
|
|
|
|
|
5.396%, ICE LIBOR USD 3 Month + 0.530%, 09/15/2023 (A) |
|
|
475 |
|
|
|
475 |
|
Duke Energy |
|
|
|
|
|
|
|
|
5.048%, U.S. SOFR + 0.250%, 06/10/2023 (A) |
|
|
500 |
|
|
|
500 |
|
Edison International |
|
|
|
|
|
|
|
|
3.550%, 11/15/2024 |
|
|
275 |
|
|
|
267 |
|
Mississippi Power |
|
|
|
|
|
|
|
|
5.141%, U.S. SOFR + 0.300%, 06/28/2024 (A) |
|
|
350 |
|
|
|
347 |
|
NextEra Energy Capital Holdings |
|
|
|
|
|
|
|
|
6.051%, 03/01/2025 |
|
|
200 |
|
|
|
203 |
|
2.940%, 03/21/2024 |
|
|
450 |
|
|
|
441 |
|
OGE Energy |
|
|
|
|
|
|
|
|
0.703%, 05/26/2023 |
|
|
245 |
|
|
|
244 |
|
Pacific Gas and Electric |
|
|
|
|
|
|
|
|
3.250%, 02/16/2024 |
|
|
350 |
|
|
|
343 |
|
1.700%, 11/15/2023 |
|
|
275 |
|
|
|
268 |
|
Public Service Enterprise Group |
|
|
|
|
|
|
|
|
0.841%, 11/08/2023 |
|
|
2,370 |
|
|
|
2,314 |
|
Southern California Edison |
|
|
|
|
|
|
|
|
5.670%, SOFRINDX + 0.830%, 04/01/2024 (A) |
|
|
960 |
|
|
|
956 |
|
SCHEDULE OF INVESTMENTS (Unaudited)
April 30, 2023
Ultra Short Duration Bond Fund (Continued)
| |
|
|
|
|
|
|
Description |
|
Face Amount
(Thousands) |
|
|
Market Value
($ Thousands) |
|
CORPORATE OBLIGATIONS (continued) |
Southern California Gas |
|
|
|
|
|
|
|
|
5.488%, ICE LIBOR USD 3 Month + 0.350%, 09/14/2023 (A) |
|
$ |
970 |
|
|
$ |
967 |
|
Tampa Electric |
|
|
|
|
|
|
|
|
3.875%, 07/12/2024 |
|
|
325 |
|
|
|
320 |
|
WEC Energy Group |
|
|
|
|
|
|
|
|
4.750%, 01/09/2026 |
|
|
550 |
|
|
|
552 |
|
| |
|
|
|
|
|
|
|
|
| |
|
|
|
|
|
|
9,578 |
|
| |
|
|
|
|
|
|
|
|
Total Corporate Obligations |
|
|
|
|
|
|
|
|
(Cost $98,357) ($ Thousands) |
|
|
|
|
|
|
97,186 |
|
| |
|
|
|
|
|
|
|
|
| |
|
|
|
|
|
|
|
|
| |
|
|
|
|
|
|
|
|
ASSET-BACKED SECURITIES — 24.8% |
Automotive — 12.8% |
|
|
|
|
| |
|
|
|
|
American Credit Acceptance Receivables Trust, Ser 2022-1, Cl A |
|
|
|
|
|
|
|
|
0.990%, 12/15/2025 (B) |
|
|
5 |
|
|
|
5 |
|
American Credit Acceptance Receivables Trust, Ser 2022-2, Cl A |
|
|
|
|
|
|
|
|
2.660%, 02/13/2026 (B) |
|
|
108 |
|
|
|
108 |
|
American Credit Acceptance Receivables Trust, Ser 2023-1, Cl A |
|
|
|
|
|
|
|
|
5.450%, 09/14/2026 (B) |
|
|
382 |
|
|
|
381 |
|
American Credit Acceptance Receivables Trust, Ser 2023-2, Cl A |
|
|
|
|
|
|
|
|
5.890%, 10/13/2026 (B) |
|
|
185 |
|
|
|
185 |
|
AmeriCredit Automobile Receivables Trust, Ser 2019-3, Cl C |
|
|
|
|
|
|
|
|
2.320%, 07/18/2025 |
|
|
308 |
|
|
|
304 |
|
Americredit Automobile Receivables Trust, Ser 2023-1, Cl A2A |
|
|
|
|
|
|
|
|
5.840%, 10/19/2026 |
|
|
465 |
|
|
|
466 |
|
ARI Fleet Lease Trust, Ser 2021-A, Cl A2 |
|
|
|
|
|
|
|
|
0.370%, 03/15/2030 (B) |
|
|
50 |
|
|
|
49 |
|
Capital One Prime Auto Receivables Trust, Ser 2022-2, Cl A2A |
|
|
|
|
|
|
|
|
3.740%, 09/15/2025 |
|
|
473 |
|
|
|
468 |
|
Capital One Prime Auto Receivables Trust, Ser 2023-1, Cl A2 |
|
|
|
|
|
|
|
|
5.200%, 05/15/2026 |
|
|
300 |
|
|
|
299 |
|
Carmax Auto Owner Trust, Ser 2019-3, Cl C |
|
|
|
|
|
|
|
|
2.600%, 06/16/2025 |
|
|
375 |
|
|
|
370 |
|
Carmax Auto Owner Trust, Ser 2021-1, Cl A3 |
|
|
|
|
|
|
|
|
0.340%, 12/15/2025 |
|
|
517 |
|
|
|
500 |
|
Carmax Auto Owner Trust, Ser 2021-2, Cl A3 |
|
|
|
|
|
|
|
|
0.520%, 02/17/2026 |
|
|
473 |
|
|
|
456 |
|
CarMax Auto Owner Trust, Ser 2023-1, Cl A2A |
|
|
|
|
|
|
|
|
5.230%, 01/15/2026 |
|
|
555 |
|
|
|
554 |
|
| |
|
|
|
|
|
|
Description |
|
Face Amount
(Thousands) |
|
|
Market Value
($ Thousands) |
|
ASSET-BACKED SECURITIES (continued) |
Carmax Auto Owner Trust, Ser 2023-2, Cl A2A |
|
|
|
|
|
|
|
|
5.500%, 06/15/2026 |
|
$ |
920 |
|
|
$ |
921 |
|
Carvana Auto Receivables Trust, Ser 2021-N1, Cl A |
|
|
|
|
|
|
|
|
0.700%, 01/10/2028 |
|
|
516 |
|
|
|
486 |
|
Carvana Auto Receivables Trust, Ser 2021-N2, Cl A1 |
|
|
|
|
|
|
|
|
0.320%, 03/10/2028 |
|
|
6 |
|
|
|
6 |
|
Carvana Auto Receivables Trust, Ser 2021-N2, Cl B |
|
|
|
|
|
|
|
|
0.750%, 03/10/2028 |
|
|
73 |
|
|
|
67 |
|
Carvana Auto Receivables Trust, Ser 2021-N3, Cl B |
|
|
|
|
|
|
|
|
0.660%, 06/12/2028 |
|
|
178 |
|
|
|
163 |
|
Carvana Auto Receivables Trust, Ser 2021-P3, Cl A2 |
|
|
|
|
|
|
|
|
0.380%, 01/10/2025 |
|
|
18 |
|
|
|
18 |
|
CFMT LLC, Ser 2021-AL1, Cl B |
|
|
|
|
|
|
|
|
1.390%, 09/22/2031 (B) |
|
|
328 |
|
|
|
315 |
|
Chesapeake Funding II LLC, Ser 2021-1A, Cl A2 |
|
|
|
|
|
|
|
|
5.178%, ICE LIBOR USD 1 Month + 0.230%, 04/15/2033 (A)(B) |
|
|
132 |
|
|
|
132 |
|
Chesapeake Funding II LLC, Ser 2023-1A, Cl A1 |
|
|
|
|
|
|
|
|
5.650%, 05/15/2035 (B) |
|
|
405 |
|
|
|
407 |
|
CPS Auto Receivables Trust, Ser 2021-C, Cl B |
|
|
|
|
|
|
|
|
0.840%, 07/15/2025 (B) |
|
|
188 |
|
|
|
187 |
|
CPS Auto Receivables Trust, Ser 2022-A, Cl A |
|
|
|
|
|
|
|
|
0.980%, 04/16/2029 (B) |
|
|
287 |
|
|
|
284 |
|
CPS Auto Receivables Trust, Ser 2023-A, Cl A |
|
|
|
|
|
|
|
|
5.540%, 03/16/2026 (B) |
|
|
562 |
|
|
|
560 |
|
CPS Auto Receivables Trust, Ser 2023-B, Cl A |
|
|
|
|
|
|
|
|
5.910%, 08/16/2027 (B) |
|
|
306 |
|
|
|
306 |
|
Credit Acceptance Auto Loan Trust, Ser 2021-3A, Cl A |
|
|
|
|
|
|
|
|
1.000%, 05/15/2030 (B) |
|
|
250 |
|
|
|
242 |
|
Donlen Fleet Lease Funding 2 LLC, Ser 2021-2, Cl A2 |
|
|
|
|
|
|
|
|
0.560%, 12/11/2034 (B) |
|
|
171 |
|
|
|
166 |
|
DT Auto Owner Trust, Ser 2020-1A, Cl C |
|
|
|
|
|
|
|
|
2.290%, 11/17/2025 (B) |
|
|
45 |
|
|
|
45 |
|
DT Auto Owner Trust, Ser 2021-1A, Cl B |
|
|
|
|
|
|
|
|
0.620%, 09/15/2025 (B) |
|
|
56 |
|
|
|
56 |
|
DT Auto Owner Trust, Ser 2021-2A, Cl B |
|
|
|
|
|
|
|
|
0.810%, 01/15/2027 (B) |
|
|
149 |
|
|
|
148 |
|
SCHEDULE OF INVESTMENTS (Unaudited)
April 30, 2023
Ultra Short Duration Bond Fund (Continued)
| |
|
|
|
|
|
|
Description |
|
Face Amount
(Thousands) |
|
|
Market Value
($ Thousands) |
|
ASSET-BACKED SECURITIES (continued) |
DT Auto Owner Trust, Ser 2021-3A, Cl A |
|
|
|
|
|
|
|
|
0.330%, 04/15/2025 (B) |
|
$ |
20 |
|
|
$ |
20 |
|
DT Auto Owner Trust, Ser 2021-4A, Cl A |
|
|
|
|
|
|
|
|
0.560%, 09/15/2025 (B) |
|
|
224 |
|
|
|
222 |
|
DT Auto Owner Trust, Ser 2023-1A, Cl A |
|
|
|
|
|
|
|
|
5.480%, 04/15/2027 (B) |
|
|
511 |
|
|
|
509 |
|
DT Auto Owner Trust, Ser 2023-2A, Cl A |
|
|
|
|
|
|
|
|
5.880%, 04/15/2027 (B) |
|
|
440 |
|
|
|
440 |
|
Enterprise Fleet Financing LLC, Ser 2021-2, Cl A2 |
|
|
|
|
|
|
|
|
0.480%, 05/20/2027 (B) |
|
|
140 |
|
|
|
135 |
|
Enterprise Fleet Financing LLC, Ser 2022-2, Cl A2 |
|
|
|
|
|
|
|
|
4.650%, 05/21/2029 (B) |
|
|
1,160 |
|
|
|
1,147 |
|
Enterprise Fleet Financing LLC, Ser 2022-3, Cl A2 |
|
|
|
|
|
|
|
|
4.380%, 07/20/2029 (B) |
|
|
80 |
|
|
|
79 |
|
Enterprise Fleet Financing LLC, Ser 2022-4, Cl A2 |
|
|
|
|
|
|
|
|
5.760%, 10/22/2029 (B) |
|
|
280 |
|
|
|
282 |
|
Enterprise Fleet Financing LLC, Ser 2023-1, Cl A2 |
|
|
|
|
|
|
|
|
5.510%, 01/22/2029 (B) |
|
|
215 |
|
|
|
216 |
|
Enterprise Fleet Funding LLC, Ser 2021-1, Cl A2 |
|
|
|
|
|
|
|
|
0.440%, 12/21/2026 (B) |
|
|
55 |
|
|
|
54 |
|
Exeter Automobile Receivables Trust, Ser 2022-4A, Cl A2 |
|
|
|
|
|
|
|
|
3.990%, 08/15/2024 |
|
|
41 |
|
|
|
41 |
|
Exeter Automobile Receivables Trust, Ser 2022-5A, Cl A2 |
|
|
|
|
|
|
|
|
5.290%, 01/15/2025 |
|
|
366 |
|
|
|
366 |
|
Exeter Automobile Receivables Trust, Ser 2023-1A, Cl A2 |
|
|
|
|
|
|
|
|
5.610%, 06/16/2025 |
|
|
135 |
|
|
|
135 |
|
FHF Trust, Ser 2021-2A, Cl A |
|
|
|
|
|
|
|
|
0.830%, 12/15/2026 (B) |
|
|
111 |
|
|
|
105 |
|
FHF Trust, Ser 2022-1A, Cl A |
|
|
|
|
|
|
|
|
4.430%, 01/18/2028 (B) |
|
|
272 |
|
|
|
265 |
|
First Investors Auto Owner Trust, Ser 2021-1A, Cl A |
|
|
|
|
|
|
|
|
0.450%, 03/16/2026 (B) |
|
|
106 |
|
|
|
105 |
|
First Investors Auto Owner Trust, Ser 2022-1A, Cl A |
|
|
|
|
|
|
|
|
2.030%, 01/15/2027 (B) |
|
|
1,297 |
|
|
|
1,263 |
|
Flagship Credit Auto Trust, Ser 2021-2, Cl A |
|
|
|
|
|
|
|
|
0.370%, 12/15/2026 (B) |
|
|
74 |
|
|
|
73 |
|
Flagship Credit Auto Trust, Ser 2021-2, Cl B |
|
|
|
|
|
|
|
|
0.930%, 06/15/2027 (B) |
|
|
285 |
|
|
|
274 |
|
Flagship Credit Auto Trust, Ser 2021-3, Cl A |
|
|
|
|
|
|
|
|
0.360%, 07/15/2027 (B) |
|
|
101 |
|
|
|
98 |
|
| |
|
|
|
|
|
|
Description |
|
Face Amount
(Thousands) |
|
|
Market Value
($ Thousands) |
|
ASSET-BACKED SECURITIES (continued) |
Flagship Credit Auto Trust, Ser 2023-2, Cl A2 |
|
|
|
|
|
|
|
|
5.760%, 04/15/2027 (B) |
|
$ |
280 |
|
|
$ |
280 |
|
Ford Credit Auto Lease Trust, Ser 2021-B, Cl B |
|
|
|
|
|
|
|
|
0.660%, 01/15/2025 |
|
|
500 |
|
|
|
484 |
|
Ford Credit Auto Lease Trust, Ser 2023-A, Cl A2A |
|
|
|
|
|
|
|
|
5.190%, 06/15/2025 |
|
|
280 |
|
|
|
279 |
|
Ford Credit Auto Owner Trust, Ser 2018-1, Cl A |
|
|
|
|
|
|
|
|
3.190%, 07/15/2031 (B) |
|
|
480 |
|
|
|
465 |
|
Foursight Capital Automobile Receivables Trust, Ser 2021-2, Cl A3 |
|
|
|
|
|
|
|
|
0.810%, 05/15/2026 (B) |
|
|
93 |
|
|
|
91 |
|
Foursight Capital Automobile Receivables Trust, Ser 2022-1, Cl A2 |
|
|
|
|
|
|
|
|
1.150%, 09/15/2025 (B) |
|
|
43 |
|
|
|
43 |
|
Foursight Capital Automobile Receivables Trust, Ser 2022-2, Cl A2 |
|
|
|
|
|
|
|
|
4.490%, 03/16/2026 (B) |
|
|
402 |
|
|
|
399 |
|
Foursight Capital Automobile Receivables Trust, Ser 2023-1, Cl A2 |
|
|
|
|
|
|
|
|
5.430%, 10/15/2026 (B) |
|
|
305 |
|
|
|
303 |
|
GLS Auto Receivables Issuer Trust, Ser 2021-2A, Cl B |
|
|
|
|
|
|
|
|
0.770%, 09/15/2025 (B) |
|
|
141 |
|
|
|
140 |
|
GLS Auto Receivables Issuer Trust, Ser 2022-3A, Cl A2 |
|
|
|
|
|
|
|
|
4.590%, 05/15/2026 (B) |
|
|
155 |
|
|
|
154 |
|
GLS Auto Receivables Issuer Trust, Ser 2023-1A, Cl A2 |
|
|
|
|
|
|
|
|
5.980%, 08/17/2026 (B) |
|
|
405 |
|
|
|
405 |
|
GM Financial Automobile Leasing Trust, Ser 2023-1, Cl A2A |
|
|
|
|
|
|
|
|
5.270%, 06/20/2025 |
|
|
200 |
|
|
|
200 |
|
GTE Auto Receivables Trust, Ser 2023-1, Cl A2 |
|
|
|
|
|
|
|
|
5.650%, 08/17/2026 (B) |
|
|
1,155 |
|
|
|
1,155 |
|
Harley-Davidson Motorcycle Trust, Ser 2022-A, Cl A2A |
|
|
|
|
|
|
|
|
2.450%, 05/15/2025 |
|
|
110 |
|
|
|
109 |
|
Harley-Davidson Motorcycle Trust, Ser 2023-A, Cl A2A |
|
|
|
|
|
|
|
|
5.320%, 06/15/2026 |
|
|
750 |
|
|
|
749 |
|
Hyundai Auto Lease Securitization Trust, Ser 2021-A, Cl B |
|
|
|
|
|
|
|
|
0.610%, 10/15/2025 (B) |
|
|
550 |
|
|
|
545 |
|
Hyundai Auto Lease Securitization Trust, Ser 2023-A, Cl A2A |
|
|
|
|
|
|
|
|
5.200%, 04/15/2025 (B) |
|
|
225 |
|
|
|
225 |
|
SCHEDULE OF INVESTMENTS (Unaudited)
April 30, 2023
Ultra Short Duration Bond Fund (Continued)
| |
|
|
|
|
|
|
Description |
|
Face Amount
(Thousands) |
|
|
Market Value
($ Thousands) |
|
ASSET-BACKED SECURITIES (continued) |
Hyundai Auto Lease Securitization Trust, Ser 2023-A, Cl A3 |
|
|
|
|
|
|
|
|
5.050%, 01/15/2026 (B) |
|
$ |
260 |
|
|
$ |
260 |
|
JPMorgan Chase Bank, Ser 2020-1, Cl B |
|
|
|
|
|
|
|
|
0.991%, 01/25/2028 (B) |
|
|
63 |
|
|
|
63 |
|
JPMorgan Chase Bank, Ser 2020-2, Cl B |
|
|
|
|
|
|
|
|
0.840%, 02/25/2028 (B) |
|
|
224 |
|
|
|
220 |
|
LAD Auto Receivables Trust, Ser 2021-1A, Cl A |
|
|
|
|
|
|
|
|
1.300%, 08/17/2026 (B) |
|
|
235 |
|
|
|
229 |
|
LAD Auto Receivables Trust, Ser 2022-1A, Cl A |
|
|
|
|
|
|
|
|
5.210%, 06/15/2027 (B) |
|
|
199 |
|
|
|
198 |
|
LAD Auto Receivables Trust, Ser 2023-1A, Cl A1 |
|
|
|
|
|
|
|
|
4.929%, 02/15/2024 (B) |
|
|
306 |
|
|
|
306 |
|
Lendbuzz Securitization Trust, Ser 2021-1A, Cl A |
|
|
|
|
|
|
|
|
1.460%, 06/15/2026 (B) |
|
|
309 |
|
|
|
296 |
|
Lendbuzz Securitization Trust, Ser 2023-1A, Cl A1 |
|
|
|
|
|
|
|
|
5.383%, 03/15/2024 (B) |
|
|
255 |
|
|
|
255 |
|
Mercedes-Benz Auto Receivables Trust, Ser 2023-1, Cl A2 |
|
|
|
|
|
|
|
|
5.090%, 01/15/2026 |
|
|
700 |
|
|
|
698 |
|
Nissan Auto Lease Trust, Ser 2023-A, Cl A2A |
|
|
|
|
|
|
|
|
5.100%, 03/17/2025 |
|
|
520 |
|
|
|
519 |
|
Nissan Auto Receivables Owner Trust, Ser 2023-A, Cl A2A |
|
|
|
|
|
|
|
|
5.340%, 02/17/2026 |
|
|
235 |
|
|
|
235 |
|
OneMain Direct Auto Receivables Trust, Ser 2019-1A, Cl A |
|
|
|
|
|
|
|
|
3.630%, 09/14/2027 (B) |
|
|
315 |
|
|
|
305 |
|
Santander Bank Auto Credit-Linked Notes, Ser 2022-B, Cl B |
|
|
|
|
|
|
|
|
5.721%, 08/16/2032 (B) |
|
|
767 |
|
|
|
763 |
|
Santander Bank Auto Credit-Linked Notes, Ser 2022-C, Cl B |
|
|
|
|
|
|
|
|
6.451%, 12/15/2032 (B) |
|
|
287 |
|
|
|
287 |
|
Santander Consumer Auto Receivables Trust, Ser 2020-BA, Cl B |
|
|
|
|
|
|
|
|
0.770%, 12/15/2025 (B) |
|
|
175 |
|
|
|
173 |
|
Santander Drive Auto Receivables Trust, Ser 2020-4, Cl C |
|
|
|
|
|
|
|
|
1.010%, 01/15/2026 |
|
|
193 |
|
|
|
192 |
|
Santander Drive Auto Receivables Trust, Ser 2021-1, Cl C |
|
|
|
|
|
|
|
|
0.750%, 02/17/2026 |
|
|
393 |
|
|
|
389 |
|
Santander Drive Auto Receivables Trust, Ser 2021-3, Cl B |
|
|
|
|
|
|
|
|
0.600%, 12/15/2025 |
|
|
54 |
|
|
|
53 |
|
| |
|
|
|
|
|
|
Description |
|
Face Amount
(Thousands) |
|
|
Market Value
($ Thousands) |
|
ASSET-BACKED SECURITIES (continued) |
Santander Drive Auto Receivables Trust, Ser 2021-4, Cl C |
|
|
|
|
|
|
|
|
1.260%, 02/16/2027 |
|
$ |
1,900 |
|
|
$ |
1,819 |
|
Santander Drive Auto Receivables Trust, Ser 2022-5, Cl A2 |
|
|
|
|
|
|
|
|
3.980%, 01/15/2025 |
|
|
128 |
|
|
|
128 |
|
Santander Drive Auto Receivables Trust, Ser 2022-5, Cl A3 |
|
|
|
|
|
|
|
|
4.110%, 08/17/2026 |
|
|
350 |
|
|
|
346 |
|
Santander Drive Auto Receivables Trust, Ser 2023-1, Cl A2 |
|
|
|
|
|
|
|
|
5.360%, 05/15/2026 |
|
|
400 |
|
|
|
399 |
|
Toyota Lease Owner Trust, Ser 2023-A, Cl A2 |
|
|
|
|
|
|
|
|
5.300%, 08/20/2025 (B) |
|
|
240 |
|
|
|
240 |
|
Tricolor Auto Securitization Trust, Ser 2022-1A, Cl A |
|
|
|
|
|
|
|
|
3.300%, 02/18/2025 (B) |
|
|
84 |
|
|
|
83 |
|
Tricolor Auto Securitization Trust, Ser 2023-1A, Cl A |
|
|
|
|
|
|
|
|
6.480%, 08/17/2026 (B) |
|
|
186 |
|
|
|
186 |
|
UNIFY Auto Receivables Trust, Ser 2021-1A, Cl A3 |
|
|
|
|
|
|
|
|
0.510%, 06/16/2025 (B) |
|
|
107 |
|
|
|
106 |
|
United Auto Credit Securitization Trust, Ser 2022-1, Cl B |
|
|
|
|
|
|
|
|
2.100%, 03/10/2025 (B) |
|
|
331 |
|
|
|
329 |
|
United Auto Credit Securitization Trust, Ser 2022-2, Cl A |
|
|
|
|
|
|
|
|
4.390%, 04/10/2025 (B) |
|
|
258 |
|
|
|
257 |
|
United Auto Credit Securitization Trust, Ser 2023-1, Cl A |
|
|
|
|
|
|
|
|
5.570%, 07/10/2025 (B) |
|
|
239 |
|
|
|
238 |
|
Volkswagen Auto Lease Trust, Ser 2022-A, Cl A3 |
|
|
|
|
|
|
|
|
3.440%, 07/21/2025 |
|
|
1,055 |
|
|
|
1,035 |
|
Westlake Automobile Receivables Trust, Ser 2019-2A, Cl E |
|
|
|
|
|
|
|
|
4.020%, 04/15/2025 (B) |
|
|
560 |
|
|
|
560 |
|
Westlake Automobile Receivables Trust, Ser 2021-1A, Cl B |
|
|
|
|
|
|
|
|
0.640%, 03/16/2026 (B) |
|
|
235 |
|
|
|
234 |
|
Westlake Automobile Receivables Trust, Ser 2021-2A, Cl A2A |
|
|
|
|
|
|
|
|
0.320%, 04/15/2025 (B) |
|
|
25 |
|
|
|
25 |
|
Westlake Automobile Receivables Trust, Ser 2021-2A, Cl B |
|
|
|
|
|
|
|
|
0.620%, 07/15/2026 (B) |
|
|
220 |
|
|
|
215 |
|
Westlake Automobile Receivables Trust, Ser 2023-1A, Cl A2A |
|
|
|
|
|
|
|
|
5.510%, 06/15/2026 (B) |
|
|
365 |
|
|
|
365 |
|
SCHEDULE OF INVESTMENTS (Unaudited)
April 30, 2023
Ultra Short Duration Bond Fund (Continued)
| |
|
|
|
|
|
|
Description |
|
Face Amount
(Thousands) |
|
|
Market Value
($ Thousands) |
|
ASSET-BACKED SECURITIES (continued) |
Westlake Automobile Receivables Trust, Ser 2023-2A, Cl A2A |
|
|
|
|
|
|
|
|
5.870%, 07/15/2026 (B) |
|
$ |
720 |
|
|
$ |
720 |
|
Westlake Automobile Receivables Trust, Ser 2023-2A, Cl A3 |
|
|
|
|
|
|
|
|
5.800%, 02/16/2027 (B) |
|
|
715 |
|
|
|
719 |
|
World Omni Auto Receivables Trust, Ser 2021-C, Cl A3 |
|
|
|
|
|
|
|
|
0.440%, 08/17/2026 |
|
|
253 |
|
|
|
243 |
|
World Omni Select Auto Trust, Ser 2023-A, Cl A2A |
|
|
|
|
|
|
|
|
5.920%, 03/15/2027 |
|
|
475 |
|
|
|
476 |
|
| |
|
|
|
|
|
|
34,673 |
|
| |
|
|
|
|
|
|
|
|
Credit Card — 0.8% |
|
|
|
|
| |
|
|
|
|
Capital One Multi-Asset Execution Trust, Ser 2021-A3, Cl A3 |
|
|
|
|
|
|
|
|
1.040%, 11/15/2026 |
|
|
425 |
|
|
|
401 |
|
CARDS II Trust, Ser 2021-1A, Cl A |
|
|
|
|
|
|
|
|
0.602%, 04/15/2027 (B) |
|
|
900 |
|
|
|
860 |
|
Evergreen Credit Card Trust, Ser 2022-CRT1, Cl B |
|
|
|
|
|
|
|
|
5.610%, 07/15/2026 (B) |
|
|
500 |
|
|
|
496 |
|
Master Credit Card Trust, Ser 2021-1A, Cl A |
|
|
|
|
|
|
|
|
0.530%, 11/21/2025 (B) |
|
|
190 |
|
|
|
180 |
|
Synchrony Card Funding LLC, Ser 2022-A1, Cl A |
|
|
|
|
|
|
|
|
3.370%, 04/15/2028 |
|
|
335 |
|
|
|
327 |
|
| |
|
|
|
|
|
|
2,264 |
|
| |
|
|
|
|
|
|
|
|
Miscellaneous Business Services — 11.2% |
|
|
|
|
| |
|
|
|
|
Accredited Mortgage Loan Trust, Ser 2004-4, Cl A1A |
|
|
|
|
|
|
|
|
5.179%, ICE LIBOR USD 1 Month + 0.680%, 01/25/2035 (A) |
|
|
27 |
|
|
|
27 |
|
Affirm Asset Securitization Trust, Ser 2020-Z1, Cl A |
|
|
|
|
|
|
|
|
3.460%, 10/15/2024 (B) |
|
|
13 |
|
|
|
13 |
|
Affirm Asset Securitization Trust, Ser 2020-Z2, Cl A |
|
|
|
|
|
|
|
|
1.900%, 01/15/2025 (B) |
|
|
43 |
|
|
|
42 |
|
Affirm Asset Securitization Trust, Ser 2021-B, Cl A |
|
|
|
|
|
|
|
|
1.030%, 08/17/2026 (B) |
|
|
355 |
|
|
|
341 |
|
Affirm Asset Securitization Trust, Ser 2021-Z1, Cl A |
|
|
|
|
|
|
|
|
1.070%, 08/15/2025 (B) |
|
|
186 |
|
|
|
181 |
|
Affirm Asset Securitization Trust, Ser 2021-Z2, Cl A |
|
|
|
|
|
|
|
|
1.170%, 11/16/2026 (B) |
|
|
109 |
|
|
|
105 |
|
| |
|
|
|
|
|
|
Description |
|
Face Amount
(Thousands) |
|
|
Market Value
($ Thousands) |
|
ASSET-BACKED SECURITIES (continued) |
Affirm Asset Securitization Trust, Ser 2022-X1, Cl A |
|
|
|
|
|
|
|
|
1.750%, 02/15/2027 (B) |
|
$ |
187 |
|
|
$ |
182 |
|
Affirm Asset Securitization Trust, Ser 2023-A, Cl 1A |
|
|
|
|
|
|
|
|
6.610%, 01/18/2028 (B) |
|
|
265 |
|
|
|
265 |
|
Amur Equipment Finance Receivables IX LLC, Ser 2021-1A, Cl A2 |
|
|
|
|
|
|
|
|
0.750%, 11/20/2026 (B) |
|
|
153 |
|
|
|
149 |
|
Amur Equipment Finance Receivables XI LLC, Ser 2022-2A, Cl A2 |
|
|
|
|
|
|
|
|
5.300%, 06/21/2028 (B) |
|
|
180 |
|
|
|
178 |
|
Apidos CLO XII, Ser 2018-12A, Cl AR |
|
|
|
|
|
|
|
|
6.340%, ICE LIBOR USD 3 Month + 1.080%, 04/15/2031 (A)(B) |
|
|
600 |
|
|
|
593 |
|
Apidos CLO XV, Ser 2018-15A, Cl A1RR |
|
|
|
|
|
|
|
|
6.260%, ICE LIBOR USD 3 Month + 1.010%, 04/20/2031 (A)(B) |
|
|
530 |
|
|
|
524 |
|
Aqua Finance Trust, Ser 2021-A, Cl A |
|
|
|
|
|
|
|
|
1.540%, 07/17/2046 (B) |
|
|
163 |
|
|
|
146 |
|
Atalaya Equipment Leasing Trust, Ser 2021-1A, Cl A2 |
|
|
|
|
|
|
|
|
1.230%, 05/15/2026 (B) |
|
|
115 |
|
|
|
112 |
|
Avant Loans Funding Trust, Ser 2021-REV1, Cl A |
|
|
|
|
|
|
|
|
1.210%, 07/15/2030 (B) |
|
|
275 |
|
|
|
268 |
|
Barings CLO, Ser 2018-3A, Cl A1 |
|
|
|
|
|
|
|
|
6.200%, ICE LIBOR USD 3 Month + 0.950%, 07/20/2029 (A)(B) |
|
|
156 |
|
|
|
155 |
|
Benefit Street Partners CLO XII, Ser 2021-12A, Cl A1R |
|
|
|
|
|
|
|
|
6.210%, ICE LIBOR USD 3 Month + 0.950%, 10/15/2030 (A)(B) |
|
|
566 |
|
|
|
560 |
|
BHG Securitization Trust, Ser 2022-A, Cl A |
|
|
|
|
|
|
|
|
1.710%, 02/20/2035 (B) |
|
|
400 |
|
|
|
382 |
|
BHG Securitization Trust, Ser 2022-B, Cl A |
|
|
|
|
|
|
|
|
3.750%, 06/18/2035 (B) |
|
|
354 |
|
|
|
348 |
|
BHG Securitization Trust, Ser 2022-C, Cl A |
|
|
|
|
|
|
|
|
5.320%, 10/17/2035 (B) |
|
|
113 |
|
|
|
112 |
|
BSPRT, Ser 2022-FL8, Cl A |
|
|
|
|
|
|
|
|
6.250%, SOFR30A + 1.500%, 02/15/2037 (A)(B) |
|
|
425 |
|
|
|
415 |
|
Carbone CLO, Ser 2017-1A, Cl A1 |
|
|
|
|
|
|
|
|
6.390%, ICE LIBOR USD 3 Month + 1.140%, 01/20/2031 (A)(B) |
|
|
250 |
|
|
|
248 |
|
Carlyle Global Market Strategies CLO, Ser 2018-1A, Cl A1R2 |
|
|
|
|
|
|
|
|
6.230%, ICE LIBOR USD 3 Month + 0.970%, 04/17/2031 (A)(B) |
|
|
648 |
|
|
|
641 |
|
SCHEDULE OF INVESTMENTS (Unaudited)
April 30, 2023
Ultra Short Duration Bond Fund (Continued)
| |
|
|
|
|
|
|
Description |
|
Face Amount
(Thousands) |
|
|
Market Value
($ Thousands) |
|
ASSET-BACKED SECURITIES (continued) |
Carlyle Global Market Strategies CLO, Ser 2021-1A, Cl AR3 |
|
|
|
|
|
|
|
|
6.230%, ICE LIBOR USD 3 Month + 0.980%, 07/20/2031 (A)(B) |
|
$ |
406 |
|
|
$ |
401 |
|
CCG Receivables Trust, Ser 2021-1, Cl A2 |
|
|
|
|
|
|
|
|
0.300%, 06/14/2027 (B) |
|
|
80 |
|
|
|
78 |
|
CCG Receivables Trust, Ser 2023-1, Cl A2 |
|
|
|
|
|
|
|
|
5.820%, 09/16/2030 (B) |
|
|
375 |
|
|
|
378 |
|
CIFC Funding, Ser 2017-1A, Cl ARR |
|
|
|
|
|
|
|
|
6.383%, ICE LIBOR USD 3 Month + 1.110%, 01/22/2031 (A)(B) |
|
|
325 |
|
|
|
321 |
|
CIFC Funding, Ser 2018-2A, Cl A1 |
|
|
|
|
|
|
|
|
6.290%, ICE LIBOR USD 3 Month + 1.040%, 04/20/2031 (A)(B) |
|
|
300 |
|
|
|
297 |
|
CIFC Funding, Ser 2018-3A, Cl AR |
|
|
|
|
|
|
|
|
6.135%, ICE LIBOR USD 3 Month + 0.870%, 04/19/2029 (A)(B) |
|
|
326 |
|
|
|
322 |
|
CNH Equipment Trust, Ser 2022-B, Cl A2 |
|
|
|
|
|
|
|
|
3.940%, 12/15/2025 |
|
|
123 |
|
|
|
122 |
|
CNH Equipment Trust, Ser 2023-A, Cl A2 |
|
|
|
|
|
|
|
|
5.340%, 09/15/2026 |
|
|
695 |
|
|
|
695 |
|
DB Master Finance LLC, Ser 2019-1A, Cl A2II |
|
|
|
|
|
|
|
|
4.021%, 05/20/2049 (B) |
|
|
603 |
|
|
|
574 |
|
Dell Equipment Finance Trust, Ser 2021-2, Cl A3 |
|
|
|
|
|
|
|
|
0.530%, 12/22/2026 (B) |
|
|
725 |
|
|
|
703 |
|
Dell Equipment Finance Trust, Ser 2022-2, Cl A2 |
|
|
|
|
|
|
|
|
4.030%, 07/22/2027 (B) |
|
|
322 |
|
|
|
320 |
|
Dewolf Park CLO, Ser 2021-1A, Cl AR |
|
|
|
|
|
|
|
|
6.180%, ICE LIBOR USD 3 Month + 0.920%, 10/15/2030 (A)(B) |
|
|
600 |
|
|
|
593 |
|
Dext ABS, Ser 2021-1, Cl A |
|
|
|
|
|
|
|
|
1.120%, 02/15/2028 (B) |
|
|
129 |
|
|
|
124 |
|
DLLAD LLC, Ser 2021-1A, Cl A3 |
|
|
|
|
|
|
|
|
0.640%, 09/21/2026 (B) |
|
|
350 |
|
|
|
330 |
|
DLLAD LLC, Ser 2023-1A, Cl A2 |
|
|
|
|
|
|
|
|
5.190%, 04/20/2026 (B) |
|
|
335 |
|
|
|
334 |
|
DLLMT LLC, Ser 2021-1A, Cl A2 |
|
|
|
|
|
|
|
|
0.600%, 03/20/2024 (B) |
|
|
45 |
|
|
|
44 |
|
DLLST LLC, Ser 2022-1A, Cl A2 |
|
|
|
|
|
|
|
|
2.790%, 01/22/2024 (B) |
|
|
201 |
|
|
|
200 |
|
DLLST LLC, Ser 2022-1A, Cl A3 |
|
|
|
|
|
|
|
|
3.400%, 01/21/2025 (B) |
|
|
400 |
|
|
|
392 |
|
FCI Funding LLC, Ser 2021-1A, Cl A |
|
|
|
|
|
|
|
|
1.130%, 04/15/2033 (B) |
|
|
44 |
|
|
|
42 |
|
Ford Credit Floorplan Master Owner Trust A, Ser 2019-2, Cl B |
|
|
|
|
|
|
|
|
3.250%, 04/15/2026 |
|
|
400 |
|
|
|
390 |
|
| |
|
|
|
|
|
|
Description |
|
Face Amount
(Thousands) |
|
|
Market Value
($ Thousands) |
|
ASSET-BACKED SECURITIES (continued) |
Goldentree Loan Management US CLO, Ser 2021-2A, Cl AR |
|
|
|
|
|
|
|
|
6.160%, ICE LIBOR USD 3 Month + 0.910%, 11/20/2030 (A)(B) |
|
$ |
400 |
|
|
$ |
395 |
|
GreatAmerica Leasing Receivables Funding LLC, Ser 2021-2, Cl A2 |
|
|
|
|
|
|
|
|
0.380%, 03/15/2024 (B) |
|
|
123 |
|
|
|
122 |
|
Hilton Grand Vacations Trust, Ser 2020-AA, Cl A |
|
|
|
|
|
|
|
|
2.740%, 02/25/2039 (B) |
|
|
81 |
|
|
|
76 |
|
HPEFS Equipment Trust, Ser 2021-2A, Cl B |
|
|
|
|
|
|
|
|
0.610%, 09/20/2028 (B) |
|
|
225 |
|
|
|
219 |
|
HPEFS Equipment Trust, Ser 2022-3A, Cl A3 |
|
|
|
|
|
|
|
|
5.430%, 08/20/2029 (B) |
|
|
355 |
|
|
|
356 |
|
John Deere Owner Trust, Ser 2023-A, Cl A2 |
|
|
|
|
|
|
|
|
5.280%, 03/16/2026 |
|
|
320 |
|
|
|
321 |
|
KKR CLO, Ser 2017-11, Cl AR |
|
|
|
|
|
|
|
|
6.440%, ICE LIBOR USD 3 Month + 1.180%, 01/15/2031 (A)(B) |
|
|
314 |
|
|
|
312 |
|
KKR CLO, Ser 2018-21, Cl A |
|
|
|
|
|
|
|
|
6.260%, ICE LIBOR USD 3 Month + 1.000%, 04/15/2031 (A)(B) |
|
|
465 |
|
|
|
461 |
|
Kubota Credit Owner Trust, Ser 2020-2A, Cl A3 |
|
|
|
|
|
|
|
|
0.590%, 10/15/2024 (B) |
|
|
48 |
|
|
|
47 |
|
LCM XXIII, Ser 2020-23A, Cl A1R |
|
|
|
|
|
|
|
|
6.320%, ICE LIBOR USD 3 Month + 1.070%, 10/20/2029 (A)(B) |
|
|
430 |
|
|
|
426 |
|
LCM XXIV, Ser 2021-24A, Cl AR |
|
|
|
|
|
|
|
|
6.230%, ICE LIBOR USD 3 Month + 0.980%, 03/20/2030 (A)(B) |
|
|
471 |
|
|
|
466 |
|
Madison Park Funding XVII, Ser 2021-17A, Cl AR2 |
|
|
|
|
|
|
|
|
6.261%, ICE LIBOR USD 3 Month + 1.000%, 07/21/2030 (A)(B) |
|
|
486 |
|
|
|
482 |
|
Madison Park Funding XXX, Ser 2018-30A, Cl A |
|
|
|
|
|
|
|
|
6.010%, ICE LIBOR USD 3 Month + 0.750%, 04/15/2029 (A)(B) |
|
|
831 |
|
|
|
822 |
|
Magnetite VIII, Ser 2018-8A, Cl AR2 |
|
|
|
|
|
|
|
|
6.240%, ICE LIBOR USD 3 Month + 0.980%, 04/15/2031 (A)(B) |
|
|
673 |
|
|
|
667 |
|
Marlette Funding Trust, Ser 2021-3A, Cl A |
|
|
|
|
|
|
|
|
0.650%, 12/15/2031 (B) |
|
|
23 |
|
|
|
23 |
|
Marlette Funding Trust, Ser 2022-1A, Cl A |
|
|
|
|
|
|
|
|
1.360%, 04/15/2032 (B) |
|
|
167 |
|
|
|
165 |
|
Marlette Funding Trust, Ser 2022-2A, Cl A |
|
|
|
|
|
|
|
|
4.250%, 08/15/2032 (B) |
|
|
68 |
|
|
|
67 |
|
Marlette Funding Trust, Ser 2022-3A, Cl A |
|
|
|
|
|
|
|
|
5.180%, 11/15/2032 (B) |
|
|
141 |
|
|
|
139 |
|
Marlette Funding Trust, Ser 2023-1A, Cl A |
|
|
|
|
|
|
|
|
6.070%, 04/15/2033 (B) |
|
|
505 |
|
|
|
504 |
|
SCHEDULE OF INVESTMENTS (Unaudited)
April 30, 2023
Ultra Short Duration Bond Fund (Continued)
| |
|
|
|
|
|
|
Description |
|
Face Amount
(Thousands) |
|
|
Market Value
($ Thousands) |
|
ASSET-BACKED SECURITIES (continued) |
Marlette Funding Trust, Ser 2023-2A, Cl A |
|
|
|
|
|
|
|
|
6.040%, 06/15/2033 (B) |
|
$ |
475 |
|
|
$ |
476 |
|
MF1, Ser 2022-FL8, Cl A |
|
|
|
|
|
|
|
|
6.132%, SOFR30A + 1.350%, 02/19/2037 (A)(B) |
|
|
400 |
|
|
|
390 |
|
MMAF Equipment Finance LLC, Ser 2021-A, Cl A3 |
|
|
|
|
|
|
|
|
0.560%, 06/13/2028 (B) |
|
|
105 |
|
|
|
98 |
|
Navient Private Education Refi Loan Trust, Ser 2020-DA, Cl A |
|
|
|
|
|
|
|
|
1.690%, 05/15/2069 (B) |
|
|
429 |
|
|
|
391 |
|
Navient Private Education Refi Loan Trust, Ser 2021-A, Cl A |
|
|
|
|
|
|
|
|
0.840%, 05/15/2069 (B) |
|
|
506 |
|
|
|
444 |
|
Neuberger Berman Loan Advisers CLO, Ser 2021-25A, Cl AR |
|
|
|
|
|
|
|
|
6.192%, ICE LIBOR USD 3 Month + 0.930%, 10/18/2029 (A)(B) |
|
|
891 |
|
|
|
879 |
|
Neuberger Berman Loan Advisers CLO, Ser 2021-26A, Cl AR |
|
|
|
|
|
|
|
|
6.182%, ICE LIBOR USD 3 Month + 0.920%, 10/18/2030 (A)(B) |
|
|
591 |
|
|
|
584 |
|
NYCTL Trust, Ser 2022-A, Cl A |
|
|
|
|
|
|
|
|
2.100%, 11/10/2034 (B) |
|
|
281 |
|
|
|
271 |
|
OCP CLO, Ser 2018-5A, Cl A1R |
|
|
|
|
|
|
|
|
6.348%, ICE LIBOR USD 3 Month + 1.080%, 04/26/2031 (A)(B) |
|
|
135 |
|
|
|
134 |
|
OHA Credit Funding 10, Ser 2021-10A, Cl X |
|
|
|
|
|
|
|
|
6.012%, ICE LIBOR USD 3 Month + 0.750%, 01/18/2036 (A)(B) |
|
|
238 |
|
|
|
238 |
|
OneMain Financial Issuance Trust, Ser 2018-2A, Cl A |
|
|
|
|
|
|
|
|
3.570%, 03/14/2033 (B) |
|
|
334 |
|
|
|
328 |
|
OZLM VII, Ser 2018-7RA, Cl A1R |
|
|
|
|
|
|
|
|
6.270%, ICE LIBOR USD 3 Month + 1.010%, 07/17/2029 (A)(B) |
|
|
289 |
|
|
|
287 |
|
OZLM VIII, Ser 2021-8A, Cl A1R3 |
|
|
|
|
|
|
|
|
6.240%, ICE LIBOR USD 3 Month + 0.980%, 10/17/2029 (A)(B) |
|
|
271 |
|
|
|
268 |
|
Palmer Square Loan Funding, Ser 2021-4A, Cl A1 |
|
|
|
|
|
|
|
|
6.060%, ICE LIBOR USD 3 Month + 0.800%, 10/15/2029 (A)(B) |
|
|
641 |
|
|
|
634 |
|
PFS Financing, Ser 2020-A, Cl A |
|
|
|
|
|
|
|
|
1.270%, 06/15/2025 (B) |
|
|
365 |
|
|
|
363 |
|
PFS Financing, Ser 2020-G, Cl A |
|
|
|
|
|
|
|
|
0.970%, 02/15/2026 (B) |
|
|
750 |
|
|
|
724 |
|
SCF Equipment Leasing LLC, Ser 2022-1A, Cl A2 |
|
|
|
|
|
|
|
|
2.060%, 02/22/2028 (B) |
|
|
302 |
|
|
|
296 |
|
| |
|
|
|
|
|
|
Description |
|
Face Amount
(Thousands) |
|
|
Market Value
($ Thousands) |
|
ASSET-BACKED SECURITIES (continued) |
Sierra Timeshare Receivables Funding LLC, Ser 2018-2A, Cl A |
|
|
|
|
|
|
|
|
3.500%, 06/20/2035 (B) |
|
$ |
117 |
|
|
$ |
116 |
|
Sierra Timeshare Receivables Funding LLC, Ser 2018-3A, Cl A |
|
|
|
|
|
|
|
|
3.690%, 09/20/2035 (B) |
|
|
391 |
|
|
|
388 |
|
SoFi Consumer Loan Program Trust, Ser 2023-1S, Cl A |
|
|
|
|
|
|
|
|
5.810%, 05/15/2031 (B) |
|
|
1,186 |
|
|
|
1,186 |
|
SoFi Consumer Loan Program, Ser 2021-1, Cl A |
|
|
|
|
|
|
|
|
0.490%, 09/25/2030 (B) |
|
|
71 |
|
|
|
69 |
|
Symphony CLO XVIII, Ser 2021-18A, Cl X |
|
|
|
|
|
|
|
|
6.023%, ICE LIBOR USD 3 Month + 0.750%, 07/23/2033 (A)(B) |
|
|
188 |
|
|
|
187 |
|
Symphony Static CLO I, Ser 2021-1A, Cl A |
|
|
|
|
|
|
|
|
6.085%, ICE LIBOR USD 3 Month + 0.830%, 10/25/2029 (A)(B) |
|
|
460 |
|
|
|
454 |
|
Upstart Securitization Trust, Ser 2021-2, Cl A |
|
|
|
|
|
|
|
|
0.910%, 06/20/2031 (B) |
|
|
39 |
|
|
|
39 |
|
Upstart Securitization Trust, Ser 2021-4, Cl A |
|
|
|
|
|
|
|
|
0.840%, 09/20/2031 (B) |
|
|
139 |
|
|
|
135 |
|
Verizon Owner Trust, Ser 2020-B, Cl A |
|
|
|
|
|
|
|
|
0.470%, 02/20/2025 |
|
|
140 |
|
|
|
138 |
|
Verizon Owner Trust, Ser 2020-B, Cl B |
|
|
|
|
|
|
|
|
0.680%, 02/20/2025 |
|
|
220 |
|
|
|
215 |
|
Vibrant CLO VI, Ser 2021-6A, Cl AR |
|
|
|
|
|
|
|
|
5.913%, ICE LIBOR USD 3 Month + 0.950%, 06/20/2029 (A)(B) |
|
|
196 |
|
|
|
194 |
|
Volvo Financial Equipment LLC, Ser 2020-1A, Cl A3 |
|
|
|
|
|
|
|
|
0.510%, 10/15/2024 (B) |
|
|
117 |
|
|
|
115 |
|
Voya CLO, Ser 2018-2A, Cl A1R |
|
|
|
|
|
|
|
|
6.299%, TSFR3M + 1.232%, 04/25/2031 (A)(B) |
|
|
475 |
|
|
|
469 |
|
Voya CLO, Ser 2020-1A, Cl AR |
|
|
|
|
|
|
|
|
6.320%, ICE LIBOR USD 3 Month + 1.060%, 04/15/2031 (A)(B) |
|
|
575 |
|
|
|
570 |
|
Voya CLO, Ser 2020-2A, Cl A1RR |
|
|
|
|
|
|
|
|
6.280%, ICE LIBOR USD 3 Month + 1.020%, 04/17/2030 (A)(B) |
|
|
416 |
|
|
|
413 |
|
| |
|
|
|
|
|
|
30,210 |
|
| |
|
|
|
|
|
|
|
|
Total Asset-Backed Securities |
|
|
|
|
|
|
|
|
(Cost $67,930) ($ Thousands) |
|
|
|
|
|
|
67,147 |
|
| |
|
|
|
|
|
|
|
|
SCHEDULE OF INVESTMENTS (Unaudited)
April 30, 2023
Ultra Short Duration Bond Fund (Continued)
| |
|
|
|
|
|
|
Description |
|
Face Amount
(Thousands) |
|
|
Market Value
($ Thousands) |
|
U.S. TREASURY OBLIGATIONS — 15.6% |
U.S. Treasury Notes |
|
|
|
|
|
|
|
|
5.112%, US Treasury 3 Month Bill Money Market Yield + -0.075%, 04/30/2024 (A) |
|
$ |
9,560 |
|
|
$ |
9,553 |
|
3.875%, 03/31/2025 |
|
|
2,500 |
|
|
|
2,490 |
|
2.875%, 06/15/2025 (C) |
|
|
2,000 |
|
|
|
1,954 |
|
2.500%, 05/31/2024 |
|
|
2,000 |
|
|
|
1,952 |
|
2.000%, 04/30/2024 |
|
|
3,350 |
|
|
|
3,257 |
|
0.375%, 04/15/2024 |
|
|
10,075 |
|
|
|
9,659 |
|
0.125%, 08/15/2023 |
|
|
2,500 |
|
|
|
2,464 |
|
0.125%, 10/15/2023 |
|
|
3,915 |
|
|
|
3,831 |
|
0.125%, 12/15/2023 |
|
|
7,350 |
|
|
|
7,138 |
|
| |
|
|
|
|
Total U.S. Treasury Obligations |
|
|
|
|
(Cost $42,505) ($ Thousands) |
|
|
42,298 |
|
| |
|
|
|
|
|
|
|
|
| |
|
|
|
|
|
|
|
|
| |
|
|
|
|
|
|
|
|
MORTGAGE-BACKED SECURITIES — 12.9% |
Agency Mortgage-Backed Obligations — 1.1% |
|
|
|
|
FHLMC |
|
|
|
|
|
|
|
|
3.677%, US Treas Yield Curve Rate T Note Const Mat 1 Yr + 2.091%, 02/01/2030(A) |
|
|
3 |
|
|
|
3 |
|
FHLMC Multifamily Structured Pass-Through Certificates, Cl A |
|
|
|
|
|
|
|
|
2.770%, 05/25/2025 |
|
|
505 |
|
|
|
488 |
|
FHLMC Multifamily Structured Pass-Through Certificates, Cl A2 |
|
|
|
|
|
|
|
|
2.905%, 04/25/2024 |
|
|
686 |
|
|
|
671 |
|
FHLMC REMIC, Ser 2013-4272, Cl YG |
|
|
|
|
|
|
|
|
2.000%, 11/15/2026 |
|
|
58 |
|
|
|
57 |
|
FHLMC REMIC, Ser 2014-4379, Cl CB |
|
|
|
|
|
|
|
|
2.250%, 04/15/2033 |
|
|
174 |
|
|
|
169 |
|
FHLMC REMIC, Ser 2014-4387, Cl DA |
|
|
|
|
|
|
|
|
3.000%, 01/15/2032 |
|
|
19 |
|
|
|
19 |
|
FHLMC REMIC, Ser 2017-4721, Cl HV |
|
|
|
|
|
|
|
|
3.500%, 09/15/2030 |
|
|
99 |
|
|
|
98 |
|
FNMA |
|
|
|
|
|
|
|
|
6.000%, 01/01/2027 |
|
|
4 |
|
|
|
4 |
|
5.500%, 12/01/2023 |
|
|
– |
|
|
|
– |
|
5.000%, 02/01/2024 to 03/01/2025 |
|
|
– |
|
|
|
– |
|
4.465%, US Treas Yield Curve Rate T Note Const Mat 1 Yr + 2.215%, 01/01/2029(A) |
|
|
3 |
|
|
|
3 |
|
4.245%, US Treas Yield Curve Rate T Note Const Mat 1 Yr + 2.120%, 11/01/2025(A) |
|
|
– |
|
|
|
– |
|
4.146%, ICE LIBOR USD 6 Month + 1.843%, 09/01/2024(A) |
|
|
2 |
|
|
|
2 |
|
4.057%, ICE LIBOR USD 6 Month + 1.774%, 09/01/2024(A) |
|
|
1 |
|
|
|
1 |
|
| |
|
|
|
|
|
|
Description |
|
Face Amount
(Thousands) |
|
|
Market Value
($ Thousands) |
|
MORTGAGE-BACKED SECURITIES (continued) |
4.045%, US Treas Yield Curve Rate T Note Const Mat 1 Yr + 2.045%, 05/01/2028(A) |
|
$ |
– |
|
|
$ |
– |
|
3.500%, 08/01/2032 |
|
|
277 |
|
|
|
270 |
|
3.000%, 10/01/2030 to 12/01/2030 |
|
|
494 |
|
|
|
474 |
|
FNMA REMIC, Ser 2001-33, Cl FA |
|
|
|
|
|
|
|
|
5.470%, ICE LIBOR USD 1 Month + 0.450%, 07/25/2031(A) |
|
|
2 |
|
|
|
2 |
|
FNMA REMIC, Ser 2002-64, Cl FG |
|
|
|
|
|
|
|
|
5.209%, ICE LIBOR USD 1 Month + 0.250%, 10/18/2032(A) |
|
|
– |
|
|
|
– |
|
FNMA REMIC, Ser 2012-137, Cl UE |
|
|
|
|
|
|
|
|
1.750%, 09/25/2041 |
|
|
102 |
|
|
|
96 |
|
FNMA REMIC, Ser 2012-63, Cl MA |
|
|
|
|
|
|
|
|
4.000%, 06/25/2040 |
|
|
213 |
|
|
|
209 |
|
FNMA REMIC, Ser 2013-97, Cl KA |
|
|
|
|
|
|
|
|
3.000%, 11/25/2031 |
|
|
15 |
|
|
|
15 |
|
FNMA, Ser 2014-M8, Cl A2 |
|
|
|
|
|
|
|
|
3.056%, 06/25/2024(A) |
|
|
367 |
|
|
|
357 |
|
FNMA, Ser 2017-M13, Cl FA |
|
|
|
|
|
|
|
|
5.178%, ICE LIBOR USD 1 Month + 0.400%, 10/25/2024(A) |
|
|
22 |
|
|
|
22 |
|
GNMA, Ser 2015-56, Cl LB |
|
|
|
|
|
|
|
|
1.500%, 04/16/2040 |
|
|
89 |
|
|
|
88 |
|
| |
|
|
|
|
|
|
|
|
| |
|
|
|
|
|
|
|
|
| |
|
|
|
|
|
|
3,048 |
|
Non-Agency Mortgage-Backed Obligations — 11.8% |
|
|
|
|
Angel Oak Mortgage Trust LLC, Ser 2019-4, Cl A1 |
|
|
|
|
|
|
|
|
2.993%, 07/26/2049(A)(B) |
|
|
4 |
|
|
|
4 |
|
Angel Oak Mortgage Trust LLC, Ser 2020-1, Cl A1 |
|
|
|
|
|
|
|
|
2.466%, 12/25/2059(A)(B) |
|
|
29 |
|
|
|
28 |
|
Angel Oak Mortgage Trust LLC, Ser 2020-2, Cl A1A |
|
|
|
|
|
|
|
|
2.531%, 01/26/2065(A)(B) |
|
|
136 |
|
|
|
126 |
|
Angel Oak Mortgage Trust LLC, Ser 2020-3, Cl A1 |
|
|
|
|
|
|
|
|
1.691%, 04/25/2065(A)(B) |
|
|
169 |
|
|
|
155 |
|
Angel Oak Mortgage Trust LLC, Ser 2020-4, Cl A1 |
|
|
|
|
|
|
|
|
1.469%, 06/25/2065(A)(B) |
|
|
102 |
|
|
|
92 |
|
Angel Oak Mortgage Trust LLC, Ser 2020-R1, Cl A1 |
|
|
|
|
|
|
|
|
0.990%, 04/25/2053(A)(B) |
|
|
81 |
|
|
|
73 |
|
Angel Oak Mortgage Trust LLC, Ser 2021-1, Cl A1 |
|
|
|
|
|
|
|
|
0.909%, 01/25/2066(A)(B) |
|
|
254 |
|
|
|
212 |
|
Angel Oak Mortgage Trust LLC, Ser 2021-3, Cl A1 |
|
|
|
|
|
|
|
|
1.068%, 05/25/2066(A)(B) |
|
|
231 |
|
|
|
191 |
|
SCHEDULE OF INVESTMENTS (Unaudited)
April 30, 2023
Ultra Short Duration Bond Fund (Continued)
| |
|
|
|
|
|
|
Description |
|
Face Amount
(Thousands) |
|
|
Market Value
($ Thousands) |
|
MORTGAGE-BACKED SECURITIES (continued) |
Angel Oak Mortgage Trust LLC, Ser 2021-5, Cl A1 |
|
|
|
|
|
|
|
|
0.951%, 07/25/2066(A)(B) |
|
$ |
411 |
|
|
$ |
341 |
|
Arroyo Mortgage Trust, Ser 2019-3, Cl A1 |
|
|
|
|
|
|
|
|
2.962%, 10/25/2048(A)(B) |
|
|
94 |
|
|
|
87 |
|
Banc of America Mortgage Securities, Ser 2005-F, Cl 2A2 |
|
|
|
|
|
|
|
|
3.933%, 07/25/2035(A) |
|
|
25 |
|
|
|
22 |
|
Banc of America Mortgage Securities, Ser 2005-J, Cl 2A1 |
|
|
|
|
|
|
|
|
3.840%, 11/25/2035(A) |
|
|
4 |
|
|
|
4 |
|
BBCMS Mortgage Trust, Ser 2017-DELC, Cl A |
|
|
|
|
|
|
|
|
5.923%, ICE LIBOR USD 1 Month + 0.975%, 08/15/2036(A)(B) |
|
|
320 |
|
|
|
319 |
|
BBCMS Mortgage Trust, Ser 2020-C8, Cl A1 |
|
|
|
|
|
|
|
|
0.601%, 10/15/2053 |
|
|
224 |
|
|
|
213 |
|
Bear Stearns ARM Trust, Ser 2005-3, Cl 2A1 |
|
|
|
|
|
|
|
|
4.485%, 06/25/2035(A) |
|
|
15 |
|
|
|
14 |
|
Bear Stearns ARM Trust, Ser 2005-6, Cl 3A1 |
|
|
|
|
|
|
|
|
4.448%, 08/25/2035(A) |
|
|
29 |
|
|
|
26 |
|
Benchmark Mortgage Trust, Ser 2020-B17, Cl A2 |
|
|
|
|
|
|
|
|
2.211%, 03/15/2053 |
|
|
320 |
|
|
|
300 |
|
BFLD Trust, Ser 2020-OBRK, Cl A |
|
|
|
|
|
|
|
|
7.055%, TSFR1M + 2.164%, 11/15/2028(A)(B) |
|
|
325 |
|
|
|
322 |
|
BPR Trust, Ser 2021-TY, Cl A |
|
|
|
|
|
|
|
|
5.998%, ICE LIBOR USD 1 Month + 1.050%, 09/15/2038(A)(B) |
|
|
960 |
|
|
|
906 |
|
BRAVO Residential Funding Trust, Ser 2020-NQM1, Cl A1 |
|
|
|
|
|
|
|
|
1.449%, 05/25/2060(A)(B) |
|
|
72 |
|
|
|
68 |
|
BRAVO Residential Funding Trust, Ser 2021-NQM1, Cl A1 |
|
|
|
|
|
|
|
|
0.941%, 02/25/2049(A)(B) |
|
|
119 |
|
|
|
105 |
|
BRAVO Residential Funding Trust, Ser 2021-NQM2, Cl A1 |
|
|
|
|
|
|
|
|
0.970%, 03/25/2060(A)(B) |
|
|
99 |
|
|
|
92 |
|
BRAVO Residential Funding Trust, Ser 2021-NQM3, Cl A1 |
|
|
|
|
|
|
|
|
1.699%, 04/25/2060(A)(B) |
|
|
212 |
|
|
|
191 |
|
Bunker Hill Loan Depositary Trust, Ser 2020-1, Cl A1 |
|
|
|
|
|
|
|
|
1.724%, 02/25/2055(A)(B) |
|
|
71 |
|
|
|
68 |
|
BWAY Mortgage Trust, Ser 2015-1515, Cl A1 |
|
|
|
|
|
|
|
|
2.809%, 03/10/2033(B) |
|
|
121 |
|
|
|
115 |
|
BX Commercial Mortgage Trust, Ser 2019-XL, Cl A |
|
|
|
|
|
|
|
|
5.924%, TSFR1M + 1.034%, 10/15/2036(A)(B) |
|
|
512 |
|
|
|
506 |
|
| |
|
|
|
|
|
|
Description |
|
Face Amount
(Thousands) |
|
|
Market Value
($ Thousands) |
|
MORTGAGE-BACKED SECURITIES (continued) |
BX Commercial Mortgage Trust, Ser 2019-XL, Cl B |
|
|
|
|
|
|
|
|
6.084%, TSFR1M + 1.194%, 10/15/2036(A)(B) |
|
$ |
374 |
|
|
$ |
369 |
|
BX Commercial Mortgage Trust, Ser 2021-SOAR, Cl B |
|
|
|
|
|
|
|
|
5.818%, ICE LIBOR USD 1 Month + 0.870%, 06/15/2038(A)(B) |
|
|
606 |
|
|
|
581 |
|
BX Commercial Mortgage Trust, Ser 2021-VINO, Cl A |
|
|
|
|
|
|
|
|
5.600%, ICE LIBOR USD 1 Month + 0.652%, 05/15/2038(A)(B) |
|
|
345 |
|
|
|
334 |
|
BX Commercial Mortgage Trust, Ser 2021-VOLT, Cl A |
|
|
|
|
|
|
|
|
5.648%, ICE LIBOR USD 1 Month + 0.700%, 09/15/2036(A)(B) |
|
|
275 |
|
|
|
265 |
|
BX Trust, Ser 2021-LGCY, Cl A |
|
|
|
|
|
|
|
|
5.454%, ICE LIBOR USD 1 Month + 0.506%, 10/15/2036(A)(B) |
|
|
600 |
|
|
|
574 |
|
BX Trust, Ser 2022-LBA6, Cl A |
|
|
|
|
|
|
|
|
5.890%, TSFR1M + 1.000%, 01/15/2039(A)(B) |
|
|
375 |
|
|
|
364 |
|
BX, Ser 2021-MFM1, Cl B |
|
|
|
|
|
|
|
|
5.955%, TSFR1M + 1.064%, 01/15/2034(A)(B) |
|
|
497 |
|
|
|
482 |
|
CFCRE Commercial Mortgage Trust, Ser 2017-C8, Cl ASB |
|
|
|
|
|
|
|
|
3.367%, 06/15/2050 |
|
|
477 |
|
|
|
459 |
|
CFMT LLC, Ser 2022-EBO2, Cl A |
|
|
|
|
|
|
|
|
3.169%, 07/25/2054(A)(B) |
|
|
73 |
|
|
|
70 |
|
Chase Mortgage Finance, Ser 2021-CL1, Cl M1 |
|
|
|
|
|
|
|
|
6.015%, SOFR30A + 1.200%, 02/25/2050(A)(B) |
|
|
257 |
|
|
|
232 |
|
Citigroup Commercial Mortgage Trust, Ser 2015-GC31, Cl AAB |
|
|
|
|
|
|
|
|
3.431%, 06/10/2048 |
|
|
735 |
|
|
|
716 |
|
Citigroup Commercial Mortgage Trust, Ser 2015-P1, Cl AAB |
|
|
|
|
|
|
|
|
3.470%, 09/15/2048 |
|
|
261 |
|
|
|
255 |
|
Citigroup Commercial Mortgage Trust, Ser 2016-P3, Cl AAB |
|
|
|
|
|
|
|
|
3.127%, 04/15/2049 |
|
|
428 |
|
|
|
412 |
|
Citigroup Commercial Mortgage Trust, Ser 2019-SMRT, Cl A |
|
|
|
|
|
|
|
|
4.149%, 01/10/2036(B) |
|
|
275 |
|
|
|
270 |
|
Citigroup Mortgage Loan Trust, Ser 2004-HYB3, Cl 1A |
|
|
|
|
|
|
|
|
3.538%, 09/25/2034(A) |
|
|
6 |
|
|
|
6 |
|
Citigroup Mortgage Loan Trust, Ser 2006-AR2, Cl 1A1 |
|
|
|
|
|
|
|
|
4.275%, 03/25/2036(A) |
|
|
36 |
|
|
|
28 |
|
SCHEDULE OF INVESTMENTS (Unaudited)
April 30, 2023
Ultra Short Duration Bond Fund (Continued)
| |
|
|
|
|
|
|
Description |
|
Face Amount
(Thousands) |
|
|
Market Value
($ Thousands) |
|
MORTGAGE-BACKED SECURITIES (continued) |
Citigroup Mortgage Loan Trust, Ser 2018-RP2, Cl A1 |
|
|
|
|
|
|
|
|
3.500%, 02/25/2058(A)(B) |
|
$ |
104 |
|
|
$ |
100 |
|
CML Mortgage Pass-Through Trust, Ser 2004-29, Cl 1A1 |
|
|
|
|
|
|
|
|
5.560%, ICE LIBOR USD 1 Month + 0.540%, 02/25/2035(A) |
|
|
6 |
|
|
|
5 |
|
COLT Funding LLC, Ser 2021-3R, Cl A1 |
|
|
|
|
|
|
|
|
1.051%, 12/25/2064(A)(B) |
|
|
140 |
|
|
|
120 |
|
COLT Mortgage Loan Trust, Ser 2020-2R, Cl A1 |
|
|
|
|
|
|
|
|
1.325%, 10/26/2065(A)(B) |
|
|
91 |
|
|
|
82 |
|
COLT Mortgage Loan Trust, Ser 2020-3, Cl A1 |
|
|
|
|
|
|
|
|
1.506%, 04/27/2065(A)(B) |
|
|
42 |
|
|
|
39 |
|
COLT Mortgage Loan Trust, Ser 2021-1, Cl A1 |
|
|
|
|
|
|
|
|
0.910%, 06/25/2066(A)(B) |
|
|
192 |
|
|
|
156 |
|
COLT Mortgage Loan Trust, Ser 2021-2, Cl A1 |
|
|
|
|
|
|
|
|
0.924%, 08/25/2066(A)(B) |
|
|
263 |
|
|
|
212 |
|
COLT Mortgage Loan Trust, Ser 2021-2R, Cl A1 |
|
|
|
|
|
|
|
|
0.798%, 07/27/2054(B) |
|
|
79 |
|
|
|
68 |
|
COLT Mortgage Loan Trust, Ser 2021-4, Cl A1 |
|
|
|
|
|
|
|
|
1.397%, 10/25/2066(A)(B) |
|
|
476 |
|
|
|
379 |
|
COLT Mortgage Loan Trust, Ser 2021-HX1, Cl A1 |
|
|
|
|
|
|
|
|
1.110%, 10/25/2066(A)(B) |
|
|
443 |
|
|
|
357 |
|
COMM Mortgage Trust, Ser 2014-CR18, Cl ASB |
|
|
|
|
|
|
|
|
3.452%, 07/15/2047 |
|
|
50 |
|
|
|
50 |
|
COMM Mortgage Trust, Ser 2014-UBS5, Cl A2 |
|
|
|
|
|
|
|
|
3.031%, 09/10/2047 |
|
|
3 |
|
|
|
3 |
|
CSMC Trust, Ser 2019-AFC1, Cl A1 |
|
|
|
|
|
|
|
|
2.573%, 07/25/2049(B)(D) |
|
|
315 |
|
|
|
292 |
|
CSMC Trust, Ser 2021-AFC1, Cl A1 |
|
|
|
|
|
|
|
|
0.830%, 03/25/2056(A)(B) |
|
|
205 |
|
|
|
165 |
|
CSMC Trust, Ser 2021-NQM3, Cl A1 |
|
|
|
|
|
|
|
|
1.015%, 04/25/2066(A)(B) |
|
|
338 |
|
|
|
277 |
|
CSMC Trust, Ser 2021-NQM4, Cl A1 |
|
|
|
|
|
|
|
|
1.101%, 05/25/2066(A)(B) |
|
|
366 |
|
|
|
301 |
|
Deephaven Residential Mortgage Trust, Ser 2021-1, Cl A1 |
|
|
|
|
|
|
|
|
0.715%, 05/25/2065(A)(B) |
|
|
63 |
|
|
|
56 |
|
Deephaven Residential Mortgage Trust, Ser 2021-2, Cl A1 |
|
|
|
|
|
|
|
|
0.899%, 04/25/2066(A)(B) |
|
|
80 |
|
|
|
69 |
|
Ellington Financial Mortgage Trust, Ser 2019-2, Cl A1 |
|
|
|
|
|
|
|
|
2.739%, 11/25/2059(A)(B) |
|
|
22 |
|
|
|
21 |
|
| |
|
|
|
|
|
|
Description |
|
Face Amount
(Thousands) |
|
|
Market Value
($ Thousands) |
|
MORTGAGE-BACKED SECURITIES (continued) |
Ellington Financial Mortgage Trust, Ser 2020-2, Cl A1 |
|
|
|
|
|
|
|
|
1.178%, 10/25/2065(A)(B) |
|
$ |
41 |
|
|
$ |
37 |
|
Ellington Financial Mortgage Trust, Ser 2021-1, Cl A1 |
|
|
|
|
|
|
|
|
0.797%, 02/25/2066(A)(B) |
|
|
47 |
|
|
|
39 |
|
Ellington Financial Mortgage Trust, Ser 2021-2, Cl A1 |
|
|
|
|
|
|
|
|
0.931%, 06/25/2066(A)(B) |
|
|
138 |
|
|
|
112 |
|
ELP Commercial Mortgage Trust, Ser 2021-ELP, Cl A |
|
|
|
|
|
|
|
|
5.649%, ICE LIBOR USD 1 Month + 0.701%, 11/15/2038(A)(B) |
|
|
530 |
|
|
|
512 |
|
Extended Stay America Trust, Ser 2021-ESH, Cl B |
|
|
|
|
|
|
|
|
6.328%, ICE LIBOR USD 1 Month + 1.380%, 07/15/2038(A)(B) |
|
|
244 |
|
|
|
237 |
|
FNMA Connecticut Avenue Securities, Ser 2014-C04, Cl 2M2 |
|
|
|
|
|
|
|
|
10.020%, ICE LIBOR USD 1 Month + 5.000%, 11/25/2024(A) |
|
|
56 |
|
|
|
56 |
|
FNMA Connecticut Avenue Securities, Ser 2016-C03, Cl 2M2 |
|
|
|
|
|
|
|
|
10.920%, ICE LIBOR USD 1 Month + 5.900%, 10/25/2028(A) |
|
|
233 |
|
|
|
247 |
|
FREMF Mortgage Trust, Ser 2013-K32, Cl B |
|
|
|
|
|
|
|
|
3.667%, 10/25/2046(A)(B) |
|
|
655 |
|
|
|
651 |
|
FREMF Mortgage Trust, Ser 2013-K33, Cl B |
|
|
|
|
|
|
|
|
3.632%, 08/25/2046(A)(B) |
|
|
1,100 |
|
|
|
1,091 |
|
FREMF Mortgage Trust, Ser 2013-K35, Cl C |
|
|
|
|
|
|
|
|
4.115%, 12/25/2046(A)(B) |
|
|
475 |
|
|
|
470 |
|
FREMF Mortgage Trust, Ser 2015-K49, Cl B |
|
|
|
|
|
|
|
|
3.852%, 10/25/2048(A)(B) |
|
|
300 |
|
|
|
290 |
|
GCAT Trust, Ser 2020-NQM2, Cl A1 |
|
|
|
|
|
|
|
|
1.555%, 04/25/2065(B)(D) |
|
|
64 |
|
|
|
58 |
|
GCAT Trust, Ser 2021-CM1, Cl A |
|
|
|
|
|
|
|
|
1.469%, 04/25/2065(A)(B) |
|
|
260 |
|
|
|
245 |
|
GCAT Trust, Ser 2021-NQM1, Cl A1 |
|
|
|
|
|
|
|
|
0.874%, 01/25/2066(A)(B) |
|
|
116 |
|
|
|
99 |
|
GCAT Trust, Ser 2021-NQM3, Cl A1 |
|
|
|
|
|
|
|
|
1.091%, 05/25/2066(A)(B) |
|
|
221 |
|
|
|
182 |
|
GCAT Trust, Ser 2021-NQM5, Cl A1 |
|
|
|
|
|
|
|
|
1.262%, 07/25/2066(A)(B) |
|
|
674 |
|
|
|
535 |
|
GMAC Mortgage Loan Trust, Ser 2005-AR6, Cl 2A1 |
|
|
|
|
|
|
|
|
3.350%, 11/19/2035(A) |
|
|
63 |
|
|
|
54 |
|
GS Mortgage Securities Trust, Ser 2015-GS1, Cl AAB |
|
|
|
|
|
|
|
|
3.553%, 11/10/2048 |
|
|
71 |
|
|
|
69 |
|
GS Mortgage Securities Trust, Ser 2016-GS3, Cl AAB |
|
|
|
|
|
|
|
|
2.777%, 10/10/2049 |
|
|
170 |
|
|
|
163 |
|
SCHEDULE OF INVESTMENTS (Unaudited)
April 30, 2023
Ultra Short Duration Bond Fund (Continued)
| |
|
|
|
|
|
|
Description |
|
Face Amount
(Thousands) |
|
|
Market Value
($ Thousands) |
|
MORTGAGE-BACKED SECURITIES (continued) |
GS Mortgage Securities Trust, Ser 2019-SL1, Cl A1 |
|
|
|
|
|
|
|
|
2.625%, 01/25/2059(A)(B) |
|
$ |
4 |
|
|
$ |
4 |
|
GS Mortgage Securities Trust, Ser 2022-SHIP, Cl A |
|
|
|
|
|
|
|
|
5.621%, TSFR1M + 0.731%, 08/15/2036(A)(B) |
|
|
45 |
|
|
|
45 |
|
GSR Mortgage Loan Trust, Ser 2005-AR4, Cl 2A1 |
|
|
|
|
|
|
|
|
3.726%, 07/25/2035(A) |
|
|
72 |
|
|
|
40 |
|
GSR Mortgage Loan Trust, Ser 2007-AR2, Cl 1A1 |
|
|
|
|
|
|
|
|
3.684%, 05/25/2037(A) |
|
|
57 |
|
|
|
32 |
|
Impac CMB Trust, Ser 2004-9, Cl 1A1 |
|
|
|
|
|
|
|
|
5.780%, ICE LIBOR USD 1 Month + 0.760%, 01/25/2035(A) |
|
|
12 |
|
|
|
11 |
|
Impac CMB Trust, Ser 2005-2, Cl 1A1 |
|
|
|
|
|
|
|
|
5.540%, ICE LIBOR USD 1 Month + 0.520%, 04/25/2035(A) |
|
|
15 |
|
|
|
14 |
|
Impac CMB Trust, Ser 2005-3, Cl A1 |
|
|
|
|
|
|
|
|
5.500%, ICE LIBOR USD 1 Month + 0.480%, 08/25/2035(A) |
|
|
17 |
|
|
|
15 |
|
Impac CMB Trust, Ser 2005-5, Cl A1 |
|
|
|
|
|
|
|
|
5.660%, ICE LIBOR USD 1 Month + 0.320%, 08/25/2035(A) |
|
|
11 |
|
|
|
10 |
|
Impac CMB Trust, Ser 2005-8, Cl 1A |
|
|
|
|
|
|
|
|
5.540%, ICE LIBOR USD 1 Month + 0.520%, 02/25/2036(A) |
|
|
35 |
|
|
|
31 |
|
Imperial Fund Mortgage Trust, Ser 2021-NQM1, Cl A1 |
|
|
|
|
|
|
|
|
1.071%, 06/25/2056(A)(B) |
|
|
305 |
|
|
|
260 |
|
Imperial Fund Mortgage Trust, Ser 2021-NQM2, Cl A1 |
|
|
|
|
|
|
|
|
1.073%, 09/25/2056(A)(B) |
|
|
219 |
|
|
|
179 |
|
Imperial Fund Mortgage Trust, Ser 2021-NQM3, Cl A1 |
|
|
|
|
|
|
|
|
1.595%, 11/25/2056(A)(B) |
|
|
224 |
|
|
|
190 |
|
JPMBB Commercial Mortgage Securities Trust, Ser 2014-C26, Cl ASB |
|
|
|
|
|
|
|
|
3.288%, 01/15/2048 |
|
|
177 |
|
|
|
173 |
|
JPMBB Commercial Mortgage Securities Trust, Ser 2015-C31, Cl ASB |
|
|
|
|
|
|
|
|
3.540%, 08/15/2048 |
|
|
93 |
|
|
|
90 |
|
JPMorgan Chase Bank, Ser 2021-CL1, Cl M1 |
|
|
|
|
|
|
|
|
6.115%, SOFR30A + 1.300%, 03/25/2051(A)(B) |
|
|
403 |
|
|
|
354 |
|
JPMorgan Mortgage Trust, Ser 2005-A6, Cl 7A1 |
|
|
|
|
|
|
|
|
4.014%, 08/25/2035(A) |
|
|
14 |
|
|
|
12 |
|
JPMorgan Mortgage Trust, Ser 2007-A3, Cl 1A1 |
|
|
|
|
|
|
|
|
3.955%, 05/25/2037(A) |
|
|
32 |
|
|
|
28 |
|
| |
|
|
|
|
|
|
Description |
|
Face Amount
(Thousands) |
|
|
Market Value
($ Thousands) |
|
MORTGAGE-BACKED SECURITIES (continued) |
JPMorgan Mortgage Trust, Ser 2014-5, Cl A1 |
|
|
|
|
|
|
|
|
2.778%, 10/25/2029(A)(B) |
|
$ |
890 |
|
|
$ |
846 |
|
JPMorgan Mortgage Trust, Ser 2018-7FRB, Cl A2 |
|
|
|
|
|
|
|
|
5.770%, ICE LIBOR USD 1 Month + 0.750%, 04/25/2046(A)(B) |
|
|
90 |
|
|
|
86 |
|
KNDL Mortgage Trust, Ser 2019-KNSQ, Cl A |
|
|
|
|
|
|
|
|
5.748%, ICE LIBOR USD 1 Month + 0.800%, 05/15/2036(A)(B) |
|
|
190 |
|
|
|
188 |
|
LSTAR Commercial Mortgage Trust, Ser 2016-4, Cl A2 |
|
|
|
|
|
|
|
|
2.579%, 03/10/2049(B) |
|
|
327 |
|
|
|
326 |
|
Merrill Lynch Mortgage Backed Securities Trust, Ser 2007-3, Cl 2A1 |
|
|
|
|
|
|
|
|
3.461%, 06/25/2037(A) |
|
|
41 |
|
|
|
26 |
|
Metlife Securitization Trust, Ser 2017-1A, Cl A |
|
|
|
|
|
|
|
|
3.000%, 04/25/2055(A)(B) |
|
|
59 |
|
|
|
56 |
|
MFA Trust, Ser 2020-NQM1, Cl A1 |
|
|
|
|
|
|
|
|
1.479%, 03/25/2065(A)(B) |
|
|
54 |
|
|
|
50 |
|
MFA Trust, Ser 2020-NQM3, Cl A1 |
|
|
|
|
|
|
|
|
1.014%, 01/26/2065(A)(B) |
|
|
70 |
|
|
|
64 |
|
MFA Trust, Ser 2021-INV1, Cl A1 |
|
|
|
|
|
|
|
|
0.852%, 01/25/2056(A)(B) |
|
|
133 |
|
|
|
118 |
|
MFA Trust, Ser 2021-NQM1, Cl A1 |
|
|
|
|
|
|
|
|
1.153%, 04/25/2065(A)(B) |
|
|
152 |
|
|
|
134 |
|
MFA Trust, Ser 2021-NQM2, Cl A1 |
|
|
|
|
|
|
|
|
1.029%, 11/25/2064(A)(B) |
|
|
180 |
|
|
|
151 |
|
MHC Commercial Mortgage Trust, Ser 2021-MHC, Cl B |
|
|
|
|
|
|
|
|
6.105%, TSFR1M + 1.215%, 04/15/2038(A)(B) |
|
|
1,670 |
|
|
|
1,619 |
|
MHP, Ser 2021-STOR, Cl A |
|
|
|
|
|
|
|
|
5.648%, ICE LIBOR USD 1 Month + 0.700%, 07/15/2038(A)(B) |
|
|
155 |
|
|
|
150 |
|
MHP, Ser 2022-MHIL, Cl A |
|
|
|
|
|
|
|
|
5.704%, TSFR1M + 0.815%, 01/15/2027(A)(B) |
|
|
199 |
|
|
|
192 |
|
Mill City Mortgage Loan Trust, Ser 2017-3, Cl A1 |
|
|
|
|
|
|
|
|
2.750%, 01/25/2061(A)(B) |
|
|
568 |
|
|
|
549 |
|
Mill City Mortgage Loan Trust, Ser 2018-1, Cl A1 |
|
|
|
|
|
|
|
|
3.250%, 05/25/2062(A)(B) |
|
|
43 |
|
|
|
41 |
|
Mill City Mortgage Loan Trust, Ser 2018-4, Cl A1B |
|
|
|
|
|
|
|
|
3.500%, 04/25/2066(A)(B) |
|
|
319 |
|
|
|
307 |
|
Mill City Mortgage Loan Trust, Ser 2021-NMR1, Cl A1 |
|
|
|
|
|
|
|
|
1.125%, 11/25/2060(A)(B) |
|
|
137 |
|
|
|
128 |
|
SCHEDULE OF INVESTMENTS (Unaudited)
April 30, 2023
Ultra Short Duration Bond Fund (Continued)
| |
|
|
|
|
|
|
Description |
|
Face Amount
(Thousands) |
|
|
Market Value
($ Thousands) |
|
MORTGAGE-BACKED SECURITIES (continued) |
Morgan Stanley Bank of America Merrill Lynch Trust, Ser 2014-C19, Cl ASB |
|
|
|
|
|
|
|
|
3.326%, 12/15/2047 |
|
$ |
58 |
|
|
$ |
57 |
|
Morgan Stanley Bank of America Merrill Lynch Trust, Ser 2015-C21, Cl ASB |
|
|
|
|
|
|
|
|
3.150%, 03/15/2048 |
|
|
117 |
|
|
|
114 |
|
Morgan Stanley Capital I Trust, Ser 2019-H6, Cl A2 |
|
|
|
|
|
|
|
|
3.228%, 06/15/2052 |
|
|
800 |
|
|
|
778 |
|
MortgageIT Trust, Ser 2005-5, Cl A1 |
|
|
|
|
|
|
|
|
5.540%, ICE LIBOR USD 1 Month + 0.520%, 12/25/2035(A) |
|
|
31 |
|
|
|
29 |
|
New Residential Mortgage Loan Trust, Ser 2017-3A, Cl A1 |
|
|
|
|
|
|
|
|
4.000%, 04/25/2057(A)(B) |
|
|
93 |
|
|
|
90 |
|
New Residential Mortgage Loan Trust, Ser 2017-6A, Cl A1 |
|
|
|
|
|
|
|
|
4.000%, 08/27/2057(A)(B) |
|
|
221 |
|
|
|
208 |
|
New Residential Mortgage Loan Trust, Ser 2018-1A, Cl A1 |
|
|
|
|
|
|
|
|
3.908%, 09/25/2057(A)(B) |
|
|
106 |
|
|
|
98 |
|
New Residential Mortgage Loan Trust, Ser 2019-NQM4, Cl A1 |
|
|
|
|
|
|
|
|
2.492%, 09/25/2059(A)(B) |
|
|
33 |
|
|
|
30 |
|
New Residential Mortgage Loan Trust, Ser 2020-NQM2, Cl A1 |
|
|
|
|
|
|
|
|
1.650%, 05/24/2060(A)(B) |
|
|
63 |
|
|
|
58 |
|
New Residential Mortgage Loan Trust, Ser 2021-NQ2R, Cl A1 |
|
|
|
|
|
|
|
|
0.941%, 10/25/2058(A)(B) |
|
|
83 |
|
|
|
75 |
|
New Residential Mortgage Loan Trust, Ser 2021-NQM3, Cl A1 |
|
|
|
|
|
|
|
|
1.156%, 11/27/2056(A)(B) |
|
|
357 |
|
|
|
295 |
|
OBX Trust, Ser 2018-1, Cl A2 |
|
|
|
|
|
|
|
|
5.670%, ICE LIBOR USD 1 Month + 0.650%, 06/25/2057(A)(B) |
|
|
16 |
|
|
|
15 |
|
OBX Trust, Ser 2021-NQM2, Cl A1 |
|
|
|
|
|
|
|
|
1.101%, 05/25/2061(A)(B) |
|
|
287 |
|
|
|
233 |
|
Onslow Bay Mortgage Loan Trust, Ser 2021-NQM4, Cl A1 |
|
|
|
|
|
|
|
|
1.957%, 10/25/2061(A)(B) |
|
|
489 |
|
|
|
407 |
|
Paragon Mortgages No. 12 PLC, Ser 2006-12A, Cl A2C |
|
|
|
|
|
|
|
|
5.084%, ICE LIBOR USD 3 Month + 0.220%, 11/15/2038(A)(B) |
|
|
50 |
|
|
|
48 |
|
PRPM LLC, Ser 2021-RPL1, Cl A1 |
|
|
|
|
|
|
|
|
1.319%, 07/25/2051(B)(D) |
|
|
114 |
|
|
|
101 |
|
Residential Mortgage Loan Trust, Ser 2020-1, Cl A1 |
|
|
|
|
|
|
|
|
2.376%, 01/26/2060(A)(B) |
|
|
34 |
|
|
|
33 |
|
RFMSI Trust, Ser 2007-SA3, Cl 2A1 |
|
|
|
|
|
|
|
|
4.559%, 07/27/2037(A) |
|
|
46 |
|
|
|
36 |
|
| |
|
|
|
|
|
|
Description |
|
Face Amount
(Thousands) |
|
|
Market Value
($ Thousands) |
|
MORTGAGE-BACKED SECURITIES (continued) |
Sequoia Mortgage Trust, Ser 2004-12, Cl A1 |
|
|
|
|
|
|
|
|
5.493%, ICE LIBOR USD 1 Month + 0.540%, 01/20/2035(A) |
|
$ |
5 |
|
|
$ |
4 |
|
Sequoia Mortgage Trust, Ser 2018-CH3, Cl A1 |
|
|
|
|
|
|
|
|
4.500%, 08/25/2048(A)(B) |
|
|
7 |
|
|
|
7 |
|
SG Residential Mortgage Trust, Ser 2021-1, Cl A1 |
|
|
|
|
|
|
|
|
1.160%, 07/25/2061(A)(B) |
|
|
440 |
|
|
|
352 |
|
SREIT Trust, Ser 2021-MFP, Cl B |
|
|
|
|
|
|
|
|
6.028%, ICE LIBOR USD 1 Month + 1.080%, 11/15/2038(A)(B) |
|
|
475 |
|
|
|
457 |
|
STAR Trust, Ser 2021-1, Cl A1 |
|
|
|
|
|
|
|
|
1.219%, 05/25/2065(A)(B) |
|
|
132 |
|
|
|
115 |
|
Starwood Mortgage Residential Trust, Ser 2020-1, Cl A1 |
|
|
|
|
|
|
|
|
2.275%, 02/25/2050(A)(B) |
|
|
14 |
|
|
|
14 |
|
Starwood Mortgage Residential Trust, Ser 2020-3, Cl A1 |
|
|
|
|
|
|
|
|
1.486%, 04/25/2065(A)(B) |
|
|
34 |
|
|
|
32 |
|
Starwood Mortgage Residential Trust, Ser 2021-2, Cl A1 |
|
|
|
|
|
|
|
|
0.943%, 05/25/2065(A)(B) |
|
|
57 |
|
|
|
51 |
|
Starwood Mortgage Residential Trust, Ser 2021-3, Cl A1 |
|
|
|
|
|
|
|
|
1.127%, 06/25/2056(A)(B) |
|
|
255 |
|
|
|
209 |
|
Towd Point Mortgage Trust, Ser 2017-1, Cl A1 |
|
|
|
|
|
|
|
|
2.750%, 10/25/2056(A)(B) |
|
|
85 |
|
|
|
83 |
|
Towd Point Mortgage Trust, Ser 2017-2, Cl A1 |
|
|
|
|
|
|
|
|
2.750%, 04/25/2057(A)(B) |
|
|
79 |
|
|
|
78 |
|
Towd Point Mortgage Trust, Ser 2017-4, Cl A1 |
|
|
|
|
|
|
|
|
2.750%, 06/25/2057(A)(B) |
|
|
143 |
|
|
|
136 |
|
Towd Point Mortgage Trust, Ser 2017-5, Cl A1 |
|
|
|
|
|
|
|
|
4.331%, ICE LIBOR USD 1 Month + 0.600%, 02/25/2057(A)(B) |
|
|
107 |
|
|
|
107 |
|
Towd Point Mortgage Trust, Ser 2017-6, Cl A1 |
|
|
|
|
|
|
|
|
2.750%, 10/25/2057(A)(B) |
|
|
57 |
|
|
|
54 |
|
Towd Point Mortgage Trust, Ser 2018-1, Cl A1 |
|
|
|
|
|
|
|
|
3.000%, 01/25/2058(A)(B) |
|
|
35 |
|
|
|
34 |
|
Towd Point Mortgage Trust, Ser 2019-HY3, Cl A1A |
|
|
|
|
|
|
|
|
6.020%, ICE LIBOR USD 1 Month + 1.000%, 10/25/2059(A)(B) |
|
|
343 |
|
|
|
338 |
|
Towd Point Mortgage Trust, Ser 2021-SJ1, Cl A1 |
|
|
|
|
|
|
|
|
2.250%, 07/25/2068(A)(B) |
|
|
630 |
|
|
|
590 |
|
SCHEDULE OF INVESTMENTS (Unaudited)
April 30, 2023
Ultra Short Duration Bond Fund (Continued)
| |
|
|
|
|
|
|
Description |
|
Face Amount
(Thousands) |
|
|
Market Value
($ Thousands) |
|
MORTGAGE-BACKED SECURITIES (continued) |
Towd Point Mortgage Trust, Ser 2022-EBO1, Cl A |
|
|
|
|
|
|
|
|
2.161%, 01/25/2052(A)(B) |
|
$ |
166 |
|
|
$ |
161 |
|
TRK Trust, Ser 2021-INV1, Cl A1 |
|
|
|
|
|
|
|
|
1.153%, 07/25/2056(A)(B) |
|
|
199 |
|
|
|
170 |
|
TTAN, Ser 2021-MHC, Cl B |
|
|
|
|
|
|
|
|
6.048%, ICE LIBOR USD 1 Month + 1.100%, 03/15/2038(A)(B) |
|
|
246 |
|
|
|
237 |
|
Verus Securitization Trust, Ser 2019-4, Cl A1 |
|
|
|
|
|
|
|
|
2.642%, 11/25/2059(B)(D) |
|
|
34 |
|
|
|
33 |
|
Verus Securitization Trust, Ser 2019-INV3, Cl A1 |
|
|
|
|
|
|
|
|
2.692%, 11/25/2059(A)(B) |
|
|
53 |
|
|
|
51 |
|
Verus Securitization Trust, Ser 2020-1, Cl A1 |
|
|
|
|
|
|
|
|
2.417%, 01/25/2060(B)(D) |
|
|
25 |
|
|
|
24 |
|
Verus Securitization Trust, Ser 2020-4, Cl A1 |
|
|
|
|
|
|
|
|
1.502%, 05/25/2065(B)(D) |
|
|
77 |
|
|
|
71 |
|
Verus Securitization Trust, Ser 2021-1, Cl A1 |
|
|
|
|
|
|
|
|
0.815%, 01/25/2066(A)(B) |
|
|
116 |
|
|
|
99 |
|
Verus Securitization Trust, Ser 2021-1, Cl A2 |
|
|
|
|
|
|
|
|
1.052%, 01/25/2066(A)(B) |
|
|
232 |
|
|
|
198 |
|
Verus Securitization Trust, Ser 2021-2, Cl A1 |
|
|
|
|
|
|
|
|
1.031%, 02/25/2066(A)(B) |
|
|
142 |
|
|
|
122 |
|
Verus Securitization Trust, Ser 2021-R1, Cl A1 |
|
|
|
|
|
|
|
|
0.820%, 10/25/2063(A)(B) |
|
|
203 |
|
|
|
183 |
|
Verus Securitization Trust, Ser 2021-R2, Cl A1 |
|
|
|
|
|
|
|
|
0.918%, 02/25/2064(A)(B) |
|
|
207 |
|
|
|
178 |
|
Verus Securitization Trust, Ser 2021-R3, Cl A1 |
|
|
|
|
|
|
|
|
1.020%, 04/25/2064(A)(B) |
|
|
112 |
|
|
|
100 |
|
WaMu Mortgage Pass-Through Certificates, Ser 2006-AR2, Cl 1A1 |
|
|
|
|
|
|
|
|
3.885%, 03/25/2036(A) |
|
|
49 |
|
|
|
44 |
|
Wells Fargo Commercial Mortgage Trust, Ser 2015-NXS2, Cl A2 |
|
|
|
|
|
|
|
|
3.020%, 07/15/2058 |
|
|
176 |
|
|
|
170 |
|
Wells Fargo Commercial Mortgage Trust, Ser 2016-C32, Cl ASB |
|
|
|
|
|
|
|
|
3.324%, 01/15/2059 |
|
|
133 |
|
|
|
130 |
|
| |
|
|
|
|
|
|
|
|
| |
|
|
|
|
|
|
|
|
| |
|
|
|
|
|
|
31,752 |
|
Total Mortgage-Backed Securities |
|
|
|
|
|
|
|
|
(Cost $37,503) ($ Thousands) |
|
|
|
|
|
|
34,800 |
|
| |
|
|
|
|
|
|
|
|
| |
|
|
|
|
|
|
|
|
| |
|
|
|
|
|
|
Description |
|
Face Amount
(Thousands) |
|
|
Market Value
($ Thousands) |
|
U.S. GOVERNMENT AGENCY OBLIGATIONS — 7.1% |
FHLB |
|
|
|
|
|
|
|
|
5.740%, 04/08/2024 |
|
$ |
2,050 |
|
|
$ |
2,047 |
|
5.300%, 05/22/2024 |
|
|
700 |
|
|
|
700 |
|
5.300%, 05/28/2024 |
|
|
700 |
|
|
|
700 |
|
5.000%, 11/09/2023 |
|
|
915 |
|
|
|
915 |
|
4.875%, 11/07/2023 |
|
|
85 |
|
|
|
85 |
|
FHLB DN |
|
|
|
|
|
|
|
|
4.815%, 07/21/2023(E) |
|
|
1,208 |
|
|
|
1,195 |
|
FHLMC |
|
|
|
|
|
|
|
|
5.820%, 03/20/2025 |
|
|
900 |
|
|
|
899 |
|
5.300%, 01/27/2026 |
|
|
1,475 |
|
|
|
1,467 |
|
5.125%, 01/27/2025 |
|
|
725 |
|
|
|
721 |
|
4.050%, 07/21/2025 |
|
|
1,680 |
|
|
|
1,654 |
|
4.050%, 08/28/2025 |
|
|
860 |
|
|
|
846 |
|
4.000%, 12/30/2024 |
|
|
950 |
|
|
|
936 |
|
4.000%, 02/28/2025 |
|
|
1,700 |
|
|
|
1,672 |
|
2.940%, 11/24/2023 |
|
|
535 |
|
|
|
529 |
|
2.250%, 03/25/2025 |
|
|
1,775 |
|
|
|
1,701 |
|
FHLMC MTN |
|
|
|
|
|
|
|
|
5.080%, 10/25/2024 |
|
|
1,350 |
|
|
|
1,343 |
|
FNMA |
|
|
|
|
|
|
|
|
3.875%, 08/28/2024 |
|
|
1,700 |
|
|
|
1,675 |
|
| |
|
|
|
|
|
|
|
|
| |
|
|
|
|
|
|
|
|
| |
|
|
|
|
Total U.S. Government Agency Obligations |
|
|
|
|
(Cost $19,295) ($ Thousands) |
|
|
19,085 |
|
| |
|
|
|
|
|
|
|
|
| |
|
|
|
|
|
|
|
|
| |
|
|
|
|
|
|
|
|
MUNICIPAL BONDS — 3.2% |
California — 0.3% |
|
|
|
|
Golden State, Tobacco Securitization, RB |
|
|
|
|
|
|
|
|
0.672%, 06/01/2023 |
|
|
985 |
|
|
|
982 |
|
| |
|
|
|
|
|
|
|
|
| |
|
|
|
|
|
|
|
|
Connecticut — 0.2% |
|
|
|
|
Connecticut State, Ser A, GO |
|
|
|
|
|
|
|
|
2.000%, 07/01/2023 |
|
|
510 |
|
|
|
507 |
|
| |
|
|
|
|
|
|
|
|
| |
|
|
|
|
|
|
|
|
District of Columbia — 0.1% |
|
|
|
|
District of Columbia Water & Sewer Authority, Sub-Ser D, RB |
|
|
|
|
|
|
|
|
1.672%, 10/01/2023 |
|
|
320 |
|
|
|
316 |
|
| |
|
|
|
|
|
|
|
|
| |
|
|
|
|
|
|
|
|
Massachusetts — 0.4% |
|
|
|
|
Massachusetts State, School Building Authority, Sub-Ser B, RB |
|
|
|
|
|
|
|
|
2.078%, 10/15/2023 |
|
|
1,035 |
|
|
|
1,020 |
|
| |
|
|
|
|
|
|
|
|
| |
|
|
|
|
|
|
|
|
New York — 1.8% |
|
|
|
|
New York City Transitional Finance Authority Building Aid Revenue, Sub-Ser S-1B, RB |
|
|
|
|
|
|
|
|
0.380%, 07/15/2023 |
|
|
2,200 |
|
|
|
2,179 |
|
SCHEDULE OF INVESTMENTS (Unaudited)
April 30, 2023
Ultra Short Duration Bond Fund (Concluded)
| |
|
|
|
|
|
|
Description |
|
Face Amount
(Thousands) |
|
|
Market Value
($ Thousands) |
|
MUNICIPAL BONDS (continued) |
New York Mortgage Agency State, Ser 215, RB |
|
|
|
|
|
|
|
|
5.130%, 10/01/2048 (A) |
|
$ |
800 |
|
|
$ |
800 |
|
Port Authority of New York & New Jersey, Ser AAA, RB |
|
|
|
|
|
|
|
|
1.086%, 07/01/2023 |
|
|
1,830 |
|
|
|
1,817 |
|
| |
|
|
|
|
|
|
|
|
| |
|
|
|
|
|
|
4,796 |
|
| |
|
|
|
|
|
|
|
|
South Carolina — 0.4% |
|
|
|
|
South Carolina State, Public Service Authority, Ser E, RB |
|
|
|
|
|
|
|
|
3.722%, 12/01/2023 (F) |
|
|
1,100 |
|
|
|
1,091 |
|
| |
|
|
|
|
|
|
|
|
| |
|
|
|
|
|
|
|
|
| |
|
|
|
|
|
|
|
|
Total Municipal Bonds |
|
|
|
|
|
|
|
|
(Cost $8,784) ($ Thousands) |
|
|
|
|
|
|
8,712 |
|
| |
|
|
|
|
|
|
|
|
| |
|
|
|
|
|
|
|
|
| |
|
|
|
|
|
|
Description |
|
Face Amount
(Thousands) |
|
|
Market Value
($ Thousands) |
|
REPURCHASE AGREEMENT — 0.2% |
BNP Paribas |
|
|
|
|
|
|
|
|
4.800%, dated 04/28/2023 to be repurchased on 05/01/2023, repurchase price $500,200 (collateralized by U.S. Government obligations, ranging in par value $5,579 - $852,833, 3.730% - 4.316%, 9/1/2030 - 4/1/2053; with total market value $510,000) (G) |
|
$ |
500 |
|
|
$ |
500 |
|
Total Repurchase Agreement |
|
|
|
|
|
|
|
|
(Cost $500) ($ Thousands) |
|
|
|
|
|
|
500 |
|
| |
|
|
|
|
|
|
|
|
| |
|
|
|
|
|
|
|
|
Total Investments in Securities — 99.8% |
|
|
|
|
|
|
|
|
(Cost $274,874) ($ Thousands) |
|
$ |
269,728 |
|
| |
|
|
|
|
|
|
|
|
| |
|
|
|
|
|
|
|
|
A list of the open futures contracts held by the fund at April 30, 2023, is as follows:
Type of Contract |
|
Number of
Contracts |
|
|
Expiration Date |
|
|
Notional Amount (Thousands) |
|
|
Value
(Thousands) |
|
|
Unrealized Appreciation/ (Depreciation) (Thousands) |
|
Long Contracts |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
U.S. 2-Year Treasury Note |
|
|
23 |
|
|
|
Jun-2023 |
|
|
$ |
4,696 |
|
|
$ |
4,742 |
|
|
$ |
46 |
|
| |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Short Contracts |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
U.S. 5-Year Treasury Note |
|
|
(6 |
) |
|
|
Jun-2023 |
|
|
$ |
(643 |
) |
|
$ |
(659 |
) |
|
$ |
(16 |
) |
U.S. 10-Year Treasury Note |
|
|
(15 |
) |
|
|
Jun-2023 |
|
|
|
(1,676 |
) |
|
|
(1,728 |
) |
|
|
(52 |
) |
| |
|
|
|
|
|
|
|
|
|
|
(2,319 |
) |
|
|
(2,387 |
) |
|
|
(68 |
) |
| |
|
|
|
|
|
|
|
|
|
$ |
2,377 |
|
|
$ |
2,355 |
|
|
$ |
(22 |
) |
|
Percentages are based on Net Assets of $270,213 ($ Thousands). |
(A) |
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. |
(B) |
Security exempt from registration under Rule 144A of the Securities Act of 1933. These securities may be resold in transactions exempt from registration normally to qualified institutions. On April 30, 2023, the value of these securities amounted to $95,471 ($ Thousands), representing 35.3% of the Net Assets of the Fund. |
(C) |
Security, or a portion thereof, has been pledged as collateral on open futures contracts. |
(D) |
Step coupon security. Coupon rate will either increase (step-up bond) or decrease (step-down bond) at regular intervals until maturity. Interest rate shown reflects the rate currently in effect. |
(E) |
Interest rate represents the security's effective yield at the time of purchase. |
(F) |
Security is escrowed to maturity. |
(G) |
Tri-Party Repurchase Agreement. |
See “Glossary” for abbreviations.
SCHEDULE OF INVESTMENTS (Unaudited)
April 30, 2023
Short-Duration Government Fund
| |
|
|
|
|
|
|
Description |
|
Face Amount
(Thousands) |
|
|
Market Value
($ Thousands) |
|
MORTGAGE-BACKED SECURITIES — 72.9% |
Agency Mortgage-Backed Obligations — 68.2% |
|
|
|
|
FHLMC |
|
|
|
|
|
|
|
|
5.500%, 02/01/2053 |
|
$ |
3,026 |
|
|
$ |
3,071 |
|
4.727%, US Treas Yield Curve Rate T Note Const Mat 1 Yr + 2.368%, 06/01/2024(A) |
|
|
1 |
|
|
|
1 |
|
4.619%, US Treas Yield Curve Rate T Note Const Mat 1 Yr + 2.237%, 04/01/2029(A) |
|
|
1 |
|
|
|
1 |
|
4.500%, 06/01/2023 to 12/01/2039 |
|
|
1,106 |
|
|
|
1,107 |
|
4.423%, US Treas Yield Curve Rate T Note Const Mat 1 Yr + 2.174%, 05/01/2024(A) |
|
|
1 |
|
|
|
1 |
|
4.238%, US Treas Yield Curve Rate T Note Const Mat 1 Yr + 2.238%, 07/01/2024(A) |
|
|
2 |
|
|
|
2 |
|
4.198%, US Treas Yield Curve Rate T Note Const Mat 1 Yr + 2.126%, 12/01/2023(A) |
|
|
8 |
|
|
|
8 |
|
4.197%, US Treas Yield Curve Rate T Note Const Mat 1 Yr + 2.117%, 12/01/2023(A) |
|
|
2 |
|
|
|
2 |
|
4.000%, 01/01/2033 |
|
|
3,873 |
|
|
|
3,833 |
|
3.606%, US Treas Yield Curve Rate T Note Const Mat 1 Yr + 2.271%, 06/01/2024(A) |
|
|
– |
|
|
|
– |
|
3.500%, 01/01/2029 to 05/01/2035 |
|
|
15,639 |
|
|
|
15,261 |
|
3.000%, 12/01/2031 to 12/01/2046 |
|
|
9,818 |
|
|
|
9,197 |
|
2.500%, 06/01/2030 to 02/01/2032 |
|
|
4,230 |
|
|
|
4,002 |
|
1.500%, 09/01/2041 |
|
|
577 |
|
|
|
475 |
|
FHLMC Multifamily Structured Pass Through Certificates, Ser 154, Cl X1, IO |
|
|
|
|
|
|
|
|
0.527%, 01/25/2033(A) |
|
|
14,655 |
|
|
|
458 |
|
FHLMC Multifamily Structured Pass Through Certificates, Ser K055, Cl A2 |
|
|
|
|
|
|
|
|
2.673%, 03/25/2026 |
|
|
10,804 |
|
|
|
10,339 |
|
FHLMC Multifamily Structured Pass Through Certificates, Ser K060, Cl A1 |
|
|
|
|
|
|
|
|
2.958%, 07/25/2026 |
|
|
1,702 |
|
|
|
1,655 |
|
FHLMC Multifamily Structured Pass Through Certificates, Ser K723, Cl A2 |
|
|
|
|
|
|
|
|
2.454%, 08/25/2023 |
|
|
1,193 |
|
|
|
1,184 |
|
FHLMC Multifamily Structured Pass Through Certificates, Ser K724, Cl A2 |
|
|
|
|
|
|
|
|
3.062%, 11/25/2023(A) |
|
|
1,434 |
|
|
|
1,416 |
|
FHLMC Multifamily Structured Pass Through Certificates, Ser K725, Cl A2 |
|
|
|
|
|
|
|
|
3.002%, 01/25/2024 |
|
|
2,135 |
|
|
|
2,100 |
|
FHLMC Multifamily Structured Pass-Through Certificates, Ser K052, Cl A1 |
|
|
|
|
|
|
|
|
2.598%, 01/25/2025 |
|
|
3,439 |
|
|
|
3,350 |
|
| |
|
|
|
|
|
|
Description |
|
Face Amount
(Thousands) |
|
|
Market Value
($ Thousands) |
|
MORTGAGE-BACKED SECURITIES (continued) |
FHLMC Multifamily Structured Pass-Through Certificates, Ser K066, Cl X1, IO |
|
|
|
|
|
|
|
|
0.886%, 06/25/2027(A) |
|
$ |
17,767 |
|
|
$ |
455 |
|
FHLMC Multifamily Structured Pass-Through Certificates, Ser K107, Cl X1, IO |
|
|
|
|
|
|
|
|
1.709%, 01/25/2030(A) |
|
|
12,367 |
|
|
|
1,058 |
|
FHLMC Multifamily Structured Pass-Through Certificates, Ser K125, Cl X1, IO |
|
|
|
|
|
|
|
|
0.675%, 01/25/2031(A) |
|
|
13,569 |
|
|
|
481 |
|
FHLMC Multifamily Structured Pass-Through Certificates, Ser K128, Cl X1, IO |
|
|
|
|
|
|
|
|
0.612%, 03/25/2031(A) |
|
|
10,167 |
|
|
|
324 |
|
FHLMC Multifamily Structured Pass-Through Certificates, Ser K737, Cl X1, IO |
|
|
|
|
|
|
|
|
0.749%, 10/25/2026(A) |
|
|
23,323 |
|
|
|
402 |
|
FHLMC Multifamily Structured Pass-Through Certificates, Ser K742, Cl X1, IO |
|
|
|
|
|
|
|
|
0.869%, 03/25/2028(A) |
|
|
7,588 |
|
|
|
198 |
|
FHLMC Multifamily Structured Pass-Through Certificates, Ser KF35, Cl A |
|
|
|
|
|
|
|
|
5.208%, ICE LIBOR USD 1 Month + 0.350%, 08/25/2024(A) |
|
|
316 |
|
|
|
316 |
|
FHLMC Multifamily Structured Pass-Through Certificates, Ser KF60, Cl A |
|
|
|
|
|
|
|
|
5.348%, ICE LIBOR USD 1 Month + 0.490%, 02/25/2026(A) |
|
|
2,782 |
|
|
|
2,774 |
|
FHLMC Multifamily Structured Pass-Through Certificates, Ser KF62, Cl A |
|
|
|
|
|
|
|
|
5.338%, ICE LIBOR USD 1 Month + 0.480%, 04/25/2026(A) |
|
|
3,918 |
|
|
|
3,902 |
|
FHLMC Multifamily Structured Pass-Through Certificates, Ser KF72, Cl A |
|
|
|
|
|
|
|
|
5.358%, ICE LIBOR USD 1 Month + 0.500%, 10/25/2026(A) |
|
|
3,129 |
|
|
|
3,123 |
|
FHLMC REMIC, Ser 2003-2571, Cl FY |
|
|
|
|
|
|
|
|
5.698%, ICE LIBOR USD 1 Month + 0.750%, 12/15/2032(A) |
|
|
1,920 |
|
|
|
1,934 |
|
FHLMC REMIC, Ser 2006-3148, Cl CF |
|
|
|
|
|
|
|
|
5.348%, ICE LIBOR USD 1 Month + 0.400%, 02/15/2034(A) |
|
|
80 |
|
|
|
79 |
|
FHLMC REMIC, Ser 2006-3153, Cl FX |
|
|
|
|
|
|
|
|
5.298%, ICE LIBOR USD 1 Month + 0.350%, 05/15/2036(A) |
|
|
59 |
|
|
|
58 |
|
FHLMC REMIC, Ser 2006-3174, Cl FA |
|
|
|
|
|
|
|
|
5.248%, ICE LIBOR USD 1 Month + 0.300%, 04/15/2036(A) |
|
|
1,124 |
|
|
|
1,111 |
|
FHLMC REMIC, Ser 2006-3219, Cl EF |
|
|
|
|
|
|
|
|
5.348%, ICE LIBOR USD 1 Month + 0.400%, 04/15/2032(A) |
|
|
1,696 |
|
|
|
1,683 |
|
FHLMC REMIC, Ser 2007-3339, Cl HF |
|
|
|
|
|
|
|
|
5.468%, ICE LIBOR USD 1 Month + 0.520%, 07/15/2037(A) |
|
|
1,708 |
|
|
|
1,695 |
|
SCHEDULE OF INVESTMENTS (Unaudited)
April 30, 2023
Short-Duration Government Fund (Continued)
| |
|
|
|
|
|
|
Description |
|
Face Amount
(Thousands) |
|
|
Market Value
($ Thousands) |
|
MORTGAGE-BACKED SECURITIES (continued) |
FHLMC REMIC, Ser 2010-3628, Cl PJ |
|
|
|
|
|
|
|
|
4.500%, 01/15/2040 |
|
$ |
624 |
|
|
$ |
616 |
|
FHLMC REMIC, Ser 2011-3788, Cl FA |
|
|
|
|
|
|
|
|
5.478%, ICE LIBOR USD 1 Month + 0.530%, 01/15/2041(A) |
|
|
2,391 |
|
|
|
2,373 |
|
FHLMC REMIC, Ser 2011-3795, Cl EB |
|
|
|
|
|
|
|
|
2.500%, 10/15/2039 |
|
|
2 |
|
|
|
2 |
|
FHLMC REMIC, Ser 2011-3930, Cl AI, IO |
|
|
|
|
|
|
|
|
3.500%, 09/15/2026 |
|
|
128 |
|
|
|
5 |
|
FHLMC REMIC, Ser 2012-4018, Cl AI, IO |
|
|
|
|
|
|
|
|
3.500%, 03/15/2027 |
|
|
143 |
|
|
|
5 |
|
FHLMC REMIC, Ser 2012-4060, Cl TI, IO |
|
|
|
|
|
|
|
|
2.500%, 12/15/2026 |
|
|
160 |
|
|
|
2 |
|
FHLMC REMIC, Ser 2012-4083, Cl DI, IO |
|
|
|
|
|
|
|
|
4.000%, 07/15/2027 |
|
|
97 |
|
|
|
4 |
|
FHLMC REMIC, Ser 2012-4114, Cl MB |
|
|
|
|
|
|
|
|
3.000%, 10/15/2032 |
|
|
3,000 |
|
|
|
2,816 |
|
FHLMC REMIC, Ser 2012-4117, Cl P |
|
|
|
|
|
|
|
|
1.250%, 07/15/2042 |
|
|
1,353 |
|
|
|
1,206 |
|
FHLMC REMIC, Ser 2012-4142, Cl PT |
|
|
|
|
|
|
|
|
1.250%, 12/15/2027 |
|
|
1,090 |
|
|
|
1,024 |
|
FHLMC REMIC, Ser 2012-4146, Cl AB |
|
|
|
|
|
|
|
|
1.125%, 12/15/2027 |
|
|
1,178 |
|
|
|
1,106 |
|
FHLMC REMIC, Ser 2013-4170, Cl QI, IO |
|
|
|
|
|
|
|
|
3.000%, 05/15/2032 |
|
|
279 |
|
|
|
8 |
|
FHLMC REMIC, Ser 2013-4176, Cl KI, IO |
|
|
|
|
|
|
|
|
4.000%, 03/15/2028 |
|
|
266 |
|
|
|
9 |
|
FHLMC REMIC, Ser 2013-4178, Cl BI, IO |
|
|
|
|
|
|
|
|
3.000%, 03/15/2033 |
|
|
367 |
|
|
|
32 |
|
FHLMC REMIC, Ser 2013-4178, Cl MI, IO |
|
|
|
|
|
|
|
|
2.500%, 03/15/2028 |
|
|
198 |
|
|
|
8 |
|
FHLMC REMIC, Ser 2013-4182, Cl IE, IO |
|
|
|
|
|
|
|
|
2.500%, 03/15/2028 |
|
|
185 |
|
|
|
8 |
|
FHLMC REMIC, Ser 2013-4195, Cl AI, IO |
|
|
|
|
|
|
|
|
3.000%, 04/15/2028 |
|
|
520 |
|
|
|
26 |
|
FHLMC REMIC, Ser 2013-4199, Cl QI, IO |
|
|
|
|
|
|
|
|
2.500%, 05/15/2028 |
|
|
290 |
|
|
|
12 |
|
FHLMC REMIC, Ser 2013-4220, Cl IE, IO |
|
|
|
|
|
|
|
|
4.000%, 06/15/2028 |
|
|
153 |
|
|
|
6 |
|
FHLMC REMIC, Ser 2013-4223, Cl AL |
|
|
|
|
|
|
|
|
3.000%, 08/15/2042 |
|
|
978 |
|
|
|
930 |
|
FHLMC REMIC, Ser 2013-4247, Cl LA |
|
|
|
|
|
|
|
|
3.000%, 03/15/2043 |
|
|
2,094 |
|
|
|
1,944 |
|
FHLMC REMIC, Ser 2014-4340, Cl MI, IO |
|
|
|
|
|
|
|
|
4.500%, 02/15/2027 |
|
|
830 |
|
|
|
33 |
|
FHLMC REMIC, Ser 2014-4344, Cl KZ |
|
|
|
|
|
|
|
|
3.500%, 05/15/2034 |
|
|
4,816 |
|
|
|
4,586 |
|
FHLMC REMIC, Ser 2014-4419, Cl CW |
|
|
|
|
|
|
|
|
2.500%, 10/15/2037 |
|
|
2,362 |
|
|
|
2,260 |
|
FHLMC REMIC, Ser 2015-4471, Cl GA |
|
|
|
|
|
|
|
|
3.000%, 02/15/2044 |
|
|
1,113 |
|
|
|
1,048 |
|
| |
|
|
|
|
|
|
Description |
|
Face Amount
(Thousands) |
|
|
Market Value
($ Thousands) |
|
MORTGAGE-BACKED SECURITIES (continued) |
FHLMC REMIC, Ser 2015-4484, Cl Cl, IO |
|
|
|
|
|
|
|
|
4.000%, 07/15/2030 |
|
$ |
413 |
|
|
$ |
33 |
|
FHLMC REMIC, Ser 2016-4620, Cl IO, IO |
|
|
|
|
|
|
|
|
5.000%, 09/15/2033 |
|
|
526 |
|
|
|
80 |
|
FHLMC REMIC, Ser 2017-4650, Cl LP |
|
|
|
|
|
|
|
|
3.000%, 09/15/2045 |
|
|
486 |
|
|
|
460 |
|
FHLMC REMIC, Ser 2017-4700, Cl HV |
|
|
|
|
|
|
|
|
3.000%, 09/15/2040 |
|
|
4,466 |
|
|
|
4,247 |
|
FHLMC REMIC, Ser 2017-4709, Cl AB |
|
|
|
|
|
|
|
|
3.000%, 08/15/2047 |
|
|
637 |
|
|
|
593 |
|
FHLMC REMIC, Ser 2017-4740, Cl P |
|
|
|
|
|
|
|
|
3.000%, 12/15/2047 |
|
|
5,596 |
|
|
|
5,143 |
|
FHLMC REMIC, Ser 2018-4820, Cl JI, IO |
|
|
|
|
|
|
|
|
5.000%, 02/15/2048 |
|
|
656 |
|
|
|
134 |
|
FHLMC REMIC, Ser 2020-4978, Cl MI, IO |
|
|
|
|
|
|
|
|
4.000%, 05/25/2040 |
|
|
2,088 |
|
|
|
315 |
|
FHLMC REMIC, Ser 2020-4996, Cl BI, IO |
|
|
|
|
|
|
|
|
2.500%, 06/25/2050 |
|
|
4,085 |
|
|
|
593 |
|
FHLMC REMIC, Ser 2020-5018, Cl LW |
|
|
|
|
|
|
|
|
1.000%, 10/25/2040 |
|
|
1,403 |
|
|
|
1,136 |
|
FHLMC REMIC, Ser 2020-5048, Cl A |
|
|
|
|
|
|
|
|
1.000%, 06/15/2044 |
|
|
3,730 |
|
|
|
3,416 |
|
FHLMC REMIC, Ser 2021-5079, Cl CB |
|
|
|
|
|
|
|
|
1.000%, 02/25/2051 |
|
|
7,424 |
|
|
|
6,361 |
|
FHLMC REMIC, Ser 2021-5083, Cl AI, IO |
|
|
|
|
|
|
|
|
2.500%, 03/25/2051 |
|
|
3,405 |
|
|
|
487 |
|
FHLMC REMIC, Ser 2021-5169, Cl IO, IO |
|
|
|
|
|
|
|
|
3.000%, 09/25/2051 |
|
|
3,738 |
|
|
|
627 |
|
FHLMC REMIC, Ser 2021-5170, Cl DP |
|
|
|
|
|
|
|
|
2.000%, 07/25/2050 |
|
|
2,501 |
|
|
|
2,190 |
|
FHLMC REMIC, Ser 2022-5228, Cl DG |
|
|
|
|
|
|
|
|
3.500%, 01/25/2046 |
|
|
6,704 |
|
|
|
6,469 |
|
FHLMC Structured Pass-Through Certificates, Ser 2002-42, Cl A5 |
|
|
|
|
|
|
|
|
7.500%, 02/25/2042 |
|
|
187 |
|
|
|
193 |
|
FHLMC, Ser 2013-303, Cl C16, IO |
|
|
|
|
|
|
|
|
3.500%, 01/15/2043 |
|
|
1,813 |
|
|
|
279 |
|
FHLMC, Ser 2013-303, Cl C2, IO |
|
|
|
|
|
|
|
|
3.500%, 01/15/2028 |
|
|
689 |
|
|
|
32 |
|
FHLMC, Ser 2022-386, Cl C14, IO |
|
|
|
|
|
|
|
|
2.500%, 03/15/2052 |
|
|
4,257 |
|
|
|
616 |
|
FNMA |
|
|
|
|
|
|
|
|
7.000%, 06/01/2037 |
|
|
2 |
|
|
|
2 |
|
6.500%, 05/01/2026 to 01/01/2036 |
|
|
49 |
|
|
|
50 |
|
6.000%, 09/01/2024 |
|
|
13 |
|
|
|
13 |
|
5.500%, 01/01/2024 to 06/01/2038 |
|
|
113 |
|
|
|
118 |
|
4.500%, 04/01/2026 to 08/01/2044 |
|
|
3,548 |
|
|
|
3,556 |
|
4.229%, US Treas Yield Curve Rate T Note Const Mat 1 Yr + 2.250%, 08/01/2029(A) |
|
|
45 |
|
|
|
45 |
|
4.190%, 04/01/2028 |
|
|
1,825 |
|
|
|
1,822 |
|
SCHEDULE OF INVESTMENTS (Unaudited)
April 30, 2023
Short-Duration Government Fund (Continued)
| |
|
|
|
|
|
|
Description |
|
Face Amount
(Thousands) |
|
|
Market Value
($ Thousands) |
|
MORTGAGE-BACKED SECURITIES (continued) |
4.190%, ICE LIBOR USD 6 Month + 1.575%, 08/01/2027(A) |
|
$ |
8 |
|
|
$ |
8 |
|
4.146%, ICE LIBOR USD 6 Month + 1.843%, 09/01/2024(A) |
|
|
23 |
|
|
|
23 |
|
4.045%, US Treas Yield Curve Rate T Note Const Mat 1 Yr + 2.045%, 05/01/2028(A) |
|
|
– |
|
|
|
– |
|
4.000%, 05/01/2026 to 04/01/2042 |
|
|
3,468 |
|
|
|
3,427 |
|
3.850%, 01/01/2024 |
|
|
513 |
|
|
|
507 |
|
3.500%, 10/01/2027 to 02/01/2045 |
|
|
48,452 |
|
|
|
47,374 |
|
3.000%, 09/01/2027 to 11/01/2036 |
|
|
4,482 |
|
|
|
4,213 |
|
2.960%, 01/01/2027 |
|
|
1,152 |
|
|
|
1,101 |
|
2.720%, US Treas Yield Curve Rate T Note Const Mat 1 Yr + 1.520%, 12/01/2029(A) |
|
|
7 |
|
|
|
7 |
|
2.500%, 01/01/2028 to 09/01/2036 |
|
|
28,152 |
|
|
|
26,820 |
|
FNMA Interest, Ser 2009-397, Cl 6 |
|
|
|
|
|
|
|
|
2.000%, 09/25/2039 |
|
|
793 |
|
|
|
721 |
|
FNMA Interest, Ser 2012-410, Cl C6, IO |
|
|
|
|
|
|
|
|
4.000%, 05/25/2027 |
|
|
278 |
|
|
|
9 |
|
FNMA Interest, Ser 2013-418, Cl C16, IO |
|
|
|
|
|
|
|
|
4.500%, 08/25/2043 |
|
|
1,968 |
|
|
|
394 |
|
FNMA Interest, Ser 2023-429, Cl C3, IO |
|
|
|
|
|
|
|
|
2.500%, 09/25/2052 |
|
|
2,991 |
|
|
|
473 |
|
FNMA REMIC, Ser 1994-77, Cl FB |
|
|
|
|
|
|
|
|
6.520%, ICE LIBOR USD 1 Month + 1.500%, 04/25/2024(A) |
|
|
– |
|
|
|
– |
|
FNMA REMIC, Ser 2002-53, Cl FK |
|
|
|
|
|
|
|
|
5.420%, ICE LIBOR USD 1 Month + 0.400%, 04/25/2032(A) |
|
|
38 |
|
|
|
37 |
|
FNMA REMIC, Ser 2006-76, Cl QF |
|
|
|
|
|
|
|
|
5.420%, ICE LIBOR USD 1 Month + 0.400%, 08/25/2036(A) |
|
|
200 |
|
|
|
198 |
|
FNMA REMIC, Ser 2006-79, Cl DF |
|
|
|
|
|
|
|
|
5.370%, ICE LIBOR USD 1 Month + 0.350%, 08/25/2036(A) |
|
|
153 |
|
|
|
152 |
|
FNMA REMIC, Ser 2007-47, Cl DA |
|
|
|
|
|
|
|
|
5.600%, 05/25/2037 |
|
|
193 |
|
|
|
202 |
|
FNMA REMIC, Ser 2007-64, Cl FB |
|
|
|
|
|
|
|
|
5.390%, ICE LIBOR USD 1 Month + 0.370%, 07/25/2037(A) |
|
|
1,161 |
|
|
|
1,148 |
|
FNMA REMIC, Ser 2008-16, Cl FA |
|
|
|
|
|
|
|
|
5.720%, ICE LIBOR USD 1 Month + 0.700%, 03/25/2038(A) |
|
|
515 |
|
|
|
515 |
|
FNMA REMIC, Ser 2009-110, Cl FD |
|
|
|
|
|
|
|
|
5.770%, ICE LIBOR USD 1 Month + 0.750%, 01/25/2040(A) |
|
|
2,420 |
|
|
|
2,427 |
|
FNMA REMIC, Ser 2009-112, Cl FM |
|
|
|
|
|
|
|
|
5.770%, ICE LIBOR USD 1 Month + 0.750%, 01/25/2040(A) |
|
|
1,555 |
|
|
|
1,560 |
|
| |
|
|
|
|
|
|
Description |
|
Face Amount
(Thousands) |
|
|
Market Value
($ Thousands) |
|
MORTGAGE-BACKED SECURITIES (continued) |
FNMA REMIC, Ser 2009-82, Cl FC |
|
|
|
|
|
|
|
|
5.940%, ICE LIBOR USD 1 Month + 0.920%, 10/25/2039(A) |
|
$ |
1,870 |
|
|
$ |
1,889 |
|
FNMA REMIC, Ser 2009-82, Cl FD |
|
|
|
|
|
|
|
|
5.870%, ICE LIBOR USD 1 Month + 0.850%, 10/25/2039(A) |
|
|
1,989 |
|
|
|
2,004 |
|
FNMA REMIC, Ser 2010-4, Cl PL |
|
|
|
|
|
|
|
|
4.500%, 02/25/2040 |
|
|
525 |
|
|
|
515 |
|
FNMA REMIC, Ser 2010-56, Cl AF |
|
|
|
|
|
|
|
|
5.570%, ICE LIBOR USD 1 Month + 0.550%, 06/25/2040(A) |
|
|
1,556 |
|
|
|
1,543 |
|
FNMA REMIC, Ser 2012-103, Cl HB |
|
|
|
|
|
|
|
|
1.500%, 09/25/2027 |
|
|
1,286 |
|
|
|
1,215 |
|
FNMA REMIC, Ser 2012-111, Cl NI, IO |
|
|
|
|
|
|
|
|
3.500%, 10/25/2027 |
|
|
420 |
|
|
|
21 |
|
FNMA REMIC, Ser 2012-120, Cl ZB |
|
|
|
|
|
|
|
|
3.500%, 11/25/2042 |
|
|
2,677 |
|
|
|
2,529 |
|
FNMA REMIC, Ser 2012-140, Cl PA |
|
|
|
|
|
|
|
|
2.000%, 12/25/2042 |
|
|
2,692 |
|
|
|
2,363 |
|
FNMA REMIC, Ser 2012-27, Cl PI, IO |
|
|
|
|
|
|
|
|
4.500%, 02/25/2042 |
|
|
1,506 |
|
|
|
135 |
|
FNMA REMIC, Ser 2012-43, Cl AI, IO |
|
|
|
|
|
|
|
|
3.500%, 04/25/2027 |
|
|
1,790 |
|
|
|
77 |
|
FNMA REMIC, Ser 2012-47, Cl QI, IO |
|
|
|
|
|
|
|
|
5.538%, 05/25/2042(A) |
|
|
44 |
|
|
|
3 |
|
FNMA REMIC, Ser 2012-53, Cl BI, IO |
|
|
|
|
|
|
|
|
3.500%, 05/25/2027 |
|
|
248 |
|
|
|
11 |
|
FNMA REMIC, Ser 2012-70, Cl IW, IO |
|
|
|
|
|
|
|
|
3.000%, 02/25/2027 |
|
|
342 |
|
|
|
7 |
|
FNMA REMIC, Ser 2012-93, Cl IL, IO |
|
|
|
|
|
|
|
|
3.000%, 09/25/2027 |
|
|
223 |
|
|
|
9 |
|
FNMA REMIC, Ser 2012-97, Cl JI, IO |
|
|
|
|
|
|
|
|
3.000%, 07/25/2027 |
|
|
535 |
|
|
|
17 |
|
FNMA REMIC, Ser 2012-98, Cl BI, IO |
|
|
|
|
|
|
|
|
6.000%, 01/25/2042 |
|
|
1,002 |
|
|
|
98 |
|
FNMA REMIC, Ser 2013-10, Cl YA |
|
|
|
|
|
|
|
|
1.250%, 02/25/2028 |
|
|
1,750 |
|
|
|
1,641 |
|
FNMA REMIC, Ser 2013-12, Cl P |
|
|
|
|
|
|
|
|
1.750%, 11/25/2041 |
|
|
389 |
|
|
|
369 |
|
FNMA REMIC, Ser 2013-121, Cl FA |
|
|
|
|
|
|
|
|
5.420%, ICE LIBOR USD 1 Month + 0.400%, 12/25/2043(A) |
|
|
11,342 |
|
|
|
11,167 |
|
FNMA REMIC, Ser 2013-130, Cl FQ |
|
|
|
|
|
|
|
|
5.220%, ICE LIBOR USD 1 Month + 0.200%, 06/25/2041(A) |
|
|
2,000 |
|
|
|
1,975 |
|
FNMA REMIC, Ser 2013-4, Cl CB |
|
|
|
|
|
|
|
|
1.250%, 02/25/2028 |
|
|
1,881 |
|
|
|
1,764 |
|
FNMA REMIC, Ser 2013-4, Cl JB |
|
|
|
|
|
|
|
|
1.250%, 02/25/2028 |
|
|
1,079 |
|
|
|
1,011 |
|
FNMA REMIC, Ser 2013-9, Cl PT |
|
|
|
|
|
|
|
|
1.250%, 02/25/2028 |
|
|
913 |
|
|
|
855 |
|
SCHEDULE OF INVESTMENTS (Unaudited)
April 30, 2023
Short-Duration Government Fund (Continued)
| |
|
|
|
|
|
|
Description |
|
Face Amount
(Thousands) |
|
|
Market Value
($ Thousands) |
|
MORTGAGE-BACKED SECURITIES (continued) |
FNMA REMIC, Ser 2013-98, Cl ZA |
|
|
|
|
|
|
|
|
4.500%, 09/25/2043 |
|
$ |
6,645 |
|
|
$ |
6,674 |
|
FNMA REMIC, Ser 2014-50, Cl SC, IO |
|
|
|
|
|
|
|
|
0.000%, 08/25/2044(A)(B) |
|
|
1,096 |
|
|
|
57 |
|
FNMA REMIC, Ser 2015-21, Cl WI, IO |
|
|
|
|
|
|
|
|
0.000%, 04/25/2055(A)(B) |
|
|
936 |
|
|
|
38 |
|
FNMA REMIC, Ser 2015-41, Cl AG |
|
|
|
|
|
|
|
|
3.000%, 09/25/2034 |
|
|
655 |
|
|
|
631 |
|
FNMA REMIC, Ser 2015-42, Cl AI, IO |
|
|
|
|
|
|
|
|
0.000%, 06/25/2055(A)(B) |
|
|
1,075 |
|
|
|
51 |
|
FNMA REMIC, Ser 2015-5, Cl CP |
|
|
|
|
|
|
|
|
3.000%, 06/25/2043 |
|
|
959 |
|
|
|
911 |
|
FNMA REMIC, Ser 2015-68, Cl JI, IO |
|
|
|
|
|
|
|
|
3.500%, 08/25/2030 |
|
|
157 |
|
|
|
9 |
|
FNMA REMIC, Ser 2015-68, Cl HI, IO |
|
|
|
|
|
|
|
|
3.500%, 09/25/2035 |
|
|
419 |
|
|
|
42 |
|
FNMA REMIC, Ser 2015-75, Cl DB |
|
|
|
|
|
|
|
|
3.000%, 08/25/2035 |
|
|
1,544 |
|
|
|
1,469 |
|
FNMA REMIC, Ser 2016-25, Cl A |
|
|
|
|
|
|
|
|
3.000%, 11/25/2042 |
|
|
114 |
|
|
|
112 |
|
FNMA REMIC, Ser 2016-3, Cl IN, IO |
|
|
|
|
|
|
|
|
6.000%, 02/25/2046 |
|
|
2,490 |
|
|
|
435 |
|
FNMA REMIC, Ser 2016-3, Cl JI, IO |
|
|
|
|
|
|
|
|
3.500%, 02/25/2031 |
|
|
211 |
|
|
|
8 |
|
FNMA REMIC, Ser 2016-42, Cl DA |
|
|
|
|
|
|
|
|
3.000%, 07/25/2045 |
|
|
438 |
|
|
|
414 |
|
FNMA REMIC, Ser 2016-71, Cl IN, IO |
|
|
|
|
|
|
|
|
3.500%, 10/25/2046 |
|
|
458 |
|
|
|
80 |
|
FNMA REMIC, Ser 2017-15, Cl BC |
|
|
|
|
|
|
|
|
3.250%, 11/25/2043 |
|
|
1,778 |
|
|
|
1,692 |
|
FNMA REMIC, Ser 2017-47, Cl AB |
|
|
|
|
|
|
|
|
2.500%, 10/25/2041 |
|
|
977 |
|
|
|
960 |
|
FNMA REMIC, Ser 2017-68, Cl IB, IO |
|
|
|
|
|
|
|
|
4.500%, 09/25/2047 |
|
|
1,934 |
|
|
|
348 |
|
FNMA REMIC, Ser 2018-12, Cl PK |
|
|
|
|
|
|
|
|
3.000%, 03/25/2046 |
|
|
10,118 |
|
|
|
9,685 |
|
FNMA REMIC, Ser 2018-13, Cl MP |
|
|
|
|
|
|
|
|
3.500%, 12/25/2057 |
|
|
2,446 |
|
|
|
2,332 |
|
FNMA REMIC, Ser 2018-89, Cl CA |
|
|
|
|
|
|
|
|
4.000%, 06/25/2053 |
|
|
3,072 |
|
|
|
3,025 |
|
FNMA REMIC, Ser 2020-26, Cl IA, IO |
|
|
|
|
|
|
|
|
3.500%, 11/25/2039 |
|
|
3,348 |
|
|
|
315 |
|
FNMA REMIC, Ser 2020-26, Cl AI, IO |
|
|
|
|
|
|
|
|
3.000%, 04/25/2033 |
|
|
2,395 |
|
|
|
162 |
|
FNMA REMIC, Ser 2020-35, Cl AI, IO |
|
|
|
|
|
|
|
|
3.000%, 06/25/2050 |
|
|
4,097 |
|
|
|
668 |
|
FNMA REMIC, Ser 2020-4, Cl AP |
|
|
|
|
|
|
|
|
2.500%, 02/25/2050 |
|
|
1,637 |
|
|
|
1,456 |
|
FNMA REMIC, Ser 2020-74, Cl HI, IO |
|
|
|
|
|
|
|
|
5.500%, 10/25/2050 |
|
|
3,097 |
|
|
|
614 |
|
FNMA REMIC, Ser 2020-85, Cl PI, IO |
|
|
|
|
|
|
|
|
3.000%, 12/25/2050 |
|
|
4,123 |
|
|
|
632 |
|
| |
|
|
|
|
|
|
Description |
|
Face Amount
(Thousands) |
|
|
Market Value
($ Thousands) |
|
MORTGAGE-BACKED SECURITIES (continued) |
FNMA REMIC, Ser 2021-3, Cl TI, IO |
|
|
|
|
|
|
|
|
2.500%, 02/25/2051 |
|
$ |
4,114 |
|
|
$ |
668 |
|
FNMA REMIC, Ser 2021-3, Cl NI, IO |
|
|
|
|
|
|
|
|
2.500%, 02/25/2051 |
|
|
4,782 |
|
|
|
659 |
|
FNMA REMIC, Ser 2021-95, Cl GI, IO |
|
|
|
|
|
|
|
|
3.000%, 01/25/2052 |
|
|
4,233 |
|
|
|
667 |
|
FNMA REMIC, Ser 2022-22, Cl QH |
|
|
|
|
|
|
|
|
4.500%, 05/25/2052 |
|
|
6,312 |
|
|
|
6,272 |
|
FNMA TBA |
|
|
|
|
|
|
|
|
5.000% - 5.500%, 05/15/2045 - 05/15/2053 |
|
|
52,867 |
|
|
|
52,907 |
|
FNMA, Ser 2014-M8, Cl A2 |
|
|
|
|
|
|
|
|
3.056%, 06/25/2024(A) |
|
|
26,185 |
|
|
|
25,489 |
|
FNMA, Ser 2017-M13, Cl FA |
|
|
|
|
|
|
|
|
5.178%, ICE LIBOR USD 1 Month + 0.400%, 10/25/2024(A) |
|
|
173 |
|
|
|
171 |
|
FNMA, Ser 2018- M12, Cl FA |
|
|
|
|
|
|
|
|
5.178%, ICE LIBOR USD 1 Month + 0.400%, 08/25/2025(A) |
|
|
180 |
|
|
|
179 |
|
FNMA, Ser 2019-M21, Cl X1, IO |
|
|
|
|
|
|
|
|
1.511%, 05/25/2029(A) |
|
|
11,624 |
|
|
|
627 |
|
GNMA |
|
|
|
|
|
|
|
|
6.500%, 12/15/2037 to 02/20/2039 |
|
|
94 |
|
|
|
97 |
|
6.000%, 02/15/2029 to 06/15/2041 |
|
|
447 |
|
|
|
465 |
|
5.500%, 10/15/2034 to 02/15/2041 |
|
|
938 |
|
|
|
979 |
|
5.000%, 09/15/2039 to 04/15/2041 |
|
|
519 |
|
|
|
534 |
|
4.500%, 09/20/2049 |
|
|
1,395 |
|
|
|
1,379 |
|
4.000%, 07/15/2041 to 08/15/2041 |
|
|
54 |
|
|
|
53 |
|
3.500%, 06/20/2046 |
|
|
1,810 |
|
|
|
1,725 |
|
GNMA, Ser 2003-86, Cl ZD |
|
|
|
|
|
|
|
|
5.500%, 10/20/2033 |
|
|
1,971 |
|
|
|
1,998 |
|
GNMA, Ser 2010-26, Cl JI, IO |
|
|
|
|
|
|
|
|
5.000%, 02/16/2040 |
|
|
1,292 |
|
|
|
266 |
|
GNMA, Ser 2010-57, Cl TI, IO |
|
|
|
|
|
|
|
|
5.000%, 05/20/2040 |
|
|
627 |
|
|
|
122 |
|
GNMA, Ser 2010-68, Cl WA |
|
|
|
|
|
|
|
|
3.000%, 12/16/2039 |
|
|
960 |
|
|
|
925 |
|
GNMA, Ser 2012-126, Cl IO, IO |
|
|
|
|
|
|
|
|
3.500%, 10/20/2042 |
|
|
1,837 |
|
|
|
270 |
|
GNMA, Ser 2012-36, Cl AB |
|
|
|
|
|
|
|
|
3.000%, 10/20/2040 |
|
|
290 |
|
|
|
281 |
|
GNMA, Ser 2012-51, Cl GI, IO |
|
|
|
|
|
|
|
|
3.500%, 07/20/2040 |
|
|
194 |
|
|
|
7 |
|
GNMA, Ser 2012-84, Cl TE |
|
|
|
|
|
|
|
|
1.500%, 03/20/2042 |
|
|
1,426 |
|
|
|
1,311 |
|
GNMA, Ser 2013-129, Cl AF |
|
|
|
|
|
|
|
|
5.353%, ICE LIBOR USD 1 Month + 0.400%, 10/20/2039(A) |
|
|
3,118 |
|
|
|
3,093 |
|
GNMA, Ser 2013-166, Cl DA |
|
|
|
|
|
|
|
|
3.500%, 06/20/2040 |
|
|
323 |
|
|
|
313 |
|
GNMA, Ser 2013-26, Cl IK, IO |
|
|
|
|
|
|
|
|
3.000%, 02/16/2043 |
|
|
347 |
|
|
|
44 |
|
SCHEDULE OF INVESTMENTS (Unaudited)
April 30, 2023
Short-Duration Government Fund (Continued)
| |
|
|
|
|
|
|
Description |
|
Face Amount
(Thousands) |
|
|
Market Value
($ Thousands) |
|
MORTGAGE-BACKED SECURITIES (continued) |
GNMA, Ser 2013-47, Cl IA, IO |
|
|
|
|
|
|
|
|
4.000%, 03/20/2043 |
|
$ |
350 |
|
|
$ |
63 |
|
GNMA, Ser 2013-51, Cl IB, IO |
|
|
|
|
|
|
|
|
3.500%, 03/20/2027 |
|
|
279 |
|
|
|
12 |
|
GNMA, Ser 2014-4, Cl BI, IO |
|
|
|
|
|
|
|
|
4.000%, 01/20/2044 |
|
|
150 |
|
|
|
26 |
|
GNMA, Ser 2014-55, Cl LB |
|
|
|
|
|
|
|
|
2.500%, 10/20/2040 |
|
|
177 |
|
|
|
169 |
|
GNMA, Ser 2014-56, Cl BP |
|
|
|
|
|
|
|
|
2.500%, 12/16/2039 |
|
|
934 |
|
|
|
867 |
|
GNMA, Ser 2015-119, Cl ND |
|
|
|
|
|
|
|
|
2.500%, 12/20/2044 |
|
|
1,743 |
|
|
|
1,629 |
|
GNMA, Ser 2015-126, Cl GI, IO |
|
|
|
|
|
|
|
|
3.500%, 02/16/2027 |
|
|
106 |
|
|
|
4 |
|
GNMA, Ser 2015-126, Cl HI, IO |
|
|
|
|
|
|
|
|
4.000%, 12/16/2026 |
|
|
60 |
|
|
|
2 |
|
GNMA, Ser 2015-132, Cl EI, IO |
|
|
|
|
|
|
|
|
6.000%, 09/20/2045 |
|
|
988 |
|
|
|
194 |
|
GNMA, Ser 2015-165, Cl I, IO |
|
|
|
|
|
|
|
|
3.500%, 07/20/2043 |
|
|
741 |
|
|
|
97 |
|
GNMA, Ser 2015-17, Cl BI, IO |
|
|
|
|
|
|
|
|
3.500%, 05/20/2043 |
|
|
121 |
|
|
|
18 |
|
GNMA, Ser 2015-185, Cl GI, IO |
|
|
|
|
|
|
|
|
3.500%, 02/20/2041 |
|
|
256 |
|
|
|
7 |
|
GNMA, Ser 2015-40, Cl PA |
|
|
|
|
|
|
|
|
2.000%, 04/20/2044 |
|
|
940 |
|
|
|
897 |
|
GNMA, Ser 2015-53, Cl IA, IO |
|
|
|
|
|
|
|
|
4.500%, 04/20/2045 |
|
|
575 |
|
|
|
107 |
|
GNMA, Ser 2016-126, Cl KI, IO |
|
|
|
|
|
|
|
|
3.000%, 09/20/2028 |
|
|
270 |
|
|
|
12 |
|
GNMA, Ser 2016-167, Cl AI, IO |
|
|
|
|
|
|
|
|
5.500%, 03/20/2039 |
|
|
955 |
|
|
|
135 |
|
GNMA, Ser 2016-23, Cl CI, IO |
|
|
|
|
|
|
|
|
3.500%, 04/20/2042 |
|
|
707 |
|
|
|
35 |
|
GNMA, Ser 2016-42, Cl EI, IO |
|
|
|
|
|
|
|
|
6.000%, 02/20/2046 |
|
|
924 |
|
|
|
152 |
|
GNMA, Ser 2016-49, Cl PI, IO |
|
|
|
|
|
|
|
|
4.500%, 11/16/2045 |
|
|
1,279 |
|
|
|
216 |
|
GNMA, Ser 2016-99, Cl LI, IO |
|
|
|
|
|
|
|
|
4.000%, 05/20/2029 |
|
|
962 |
|
|
|
31 |
|
GNMA, Ser 2017-107, Cl JI, IO |
|
|
|
|
|
|
|
|
4.000%, 03/20/2047 |
|
|
1,026 |
|
|
|
152 |
|
GNMA, Ser 2017-134, Cl BI, IO |
|
|
|
|
|
|
|
|
5.000%, 09/16/2047 |
|
|
221 |
|
|
|
42 |
|
GNMA, Ser 2017-2, Cl AI, IO |
|
|
|
|
|
|
|
|
5.000%, 01/16/2047 |
|
|
273 |
|
|
|
55 |
|
GNMA, Ser 2017-26, Cl KI, IO |
|
|
|
|
|
|
|
|
6.000%, 09/20/2040 |
|
|
1,159 |
|
|
|
201 |
|
GNMA, Ser 2017-26, Cl IB, IO |
|
|
|
|
|
|
|
|
5.500%, 02/20/2047 |
|
|
608 |
|
|
|
99 |
|
GNMA, Ser 2017-26, Cl IA, IO |
|
|
|
|
|
|
|
|
5.500%, 02/16/2047 |
|
|
961 |
|
|
|
154 |
|
| |
|
|
|
|
|
|
Description |
|
Face Amount
(Thousands) |
|
|
Market Value
($ Thousands) |
|
MORTGAGE-BACKED SECURITIES (continued) |
GNMA, Ser 2017-95, Cl PG |
|
|
|
|
|
|
|
|
2.500%, 12/20/2045 |
|
$ |
547 |
|
|
$ |
511 |
|
GNMA, Ser 2018-127, Cl PB |
|
|
|
|
|
|
|
|
3.000%, 09/20/2047 |
|
|
1,587 |
|
|
|
1,501 |
|
GNMA, Ser 2018-72, Cl ID, IO |
|
|
|
|
|
|
|
|
4.500%, 08/20/2045 |
|
|
2,643 |
|
|
|
501 |
|
GNMA, Ser 2019-132, Cl NA |
|
|
|
|
|
|
|
|
3.500%, 09/20/2049 |
|
|
3,178 |
|
|
|
2,975 |
|
GNMA, Ser 2019-43, Cl IA, IO |
|
|
|
|
|
|
|
|
4.500%, 05/20/2048 |
|
|
1,585 |
|
|
|
251 |
|
GNMA, Ser 2019-5, Cl JI, IO |
|
|
|
|
|
|
|
|
5.000%, 07/16/2044 |
|
|
2,590 |
|
|
|
416 |
|
GNMA, Ser 2020-17, Cl EI, IO |
|
|
|
|
|
|
|
|
5.000%, 02/20/2050 |
|
|
2,039 |
|
|
|
375 |
|
GNMA, Ser 2020-47, Cl AC |
|
|
|
|
|
|
|
|
1.500%, 04/16/2050 |
|
|
4,174 |
|
|
|
3,589 |
|
GNMA, Ser 2022-177, Cl LA |
|
|
|
|
|
|
|
|
3.500%, 01/20/2052 |
|
|
3,836 |
|
|
|
3,744 |
|
GNMA, Ser 2022-34, Cl QJ |
|
|
|
|
|
|
|
|
3.000%, 02/20/2052 |
|
|
3,089 |
|
|
|
2,885 |
|
GNMA, Ser 2022-76, Cl GA |
|
|
|
|
|
|
|
|
4.000%, 03/20/2052 |
|
|
6,119 |
|
|
|
6,032 |
|
UMBS TBA |
|
|
|
|
|
|
|
|
2.000% - 4.500%, 05/15/2038 - 05/15/2053 |
|
|
4,593 |
|
|
|
6,614 |
|
| |
|
|
|
|
|
|
|
|
| |
|
|
|
|
|
|
|
|
| |
|
|
|
|
|
|
427,760 |
|
Non-Agency Mortgage-Backed Obligations — 4.7% |
|
|
|
|
Bella Vida Apts |
|
|
|
|
|
|
|
|
4.500%, 06/01/2028 |
|
|
2,640 |
|
|
|
2,659 |
|
Greenspring Apt |
|
|
|
|
|
|
|
|
4.125%, 06/01/2028 |
|
|
1,070 |
|
|
|
1,063 |
|
Landmark |
|
|
|
|
|
|
|
|
3.980%, 07/01/2028 |
|
|
2,354 |
|
|
|
2,332 |
|
Seasoned Credit Risk Transfer Trust, Ser 2018-1, Cl MA |
|
|
|
|
|
|
|
|
3.000%, 05/25/2057 |
|
|
3,969 |
|
|
|
3,730 |
|
Seasoned Credit Risk Transfer Trust, Ser 2018-3, Cl MA |
|
|
|
|
|
|
|
|
3.500%, 08/25/2057(A) |
|
|
2,219 |
|
|
|
2,133 |
|
Seasoned Credit Risk Transfer Trust, Ser 2019-3, Cl MV |
|
|
|
|
|
|
|
|
3.500%, 10/25/2058 |
|
|
937 |
|
|
|
876 |
|
Seasoned Credit Risk Transfer Trust, Ser 2019-4, Cl MA |
|
|
|
|
|
|
|
|
3.000%, 02/25/2059 |
|
|
5,251 |
|
|
|
4,937 |
|
Seasoned Credit Risk Transfer Trust, Ser 2020-2, Cl MA |
|
|
|
|
|
|
|
|
2.000%, 11/25/2059 |
|
|
702 |
|
|
|
637 |
|
Seasoned Credit Risk Transfer Trust, Ser 2021-2, Cl TT |
|
|
|
|
|
|
|
|
2.000%, 11/25/2060 |
|
|
9,344 |
|
|
|
8,416 |
|
SCHEDULE OF INVESTMENTS (Unaudited)
April 30, 2023
Short-Duration Government Fund (Concluded)
| |
|
|
|
|
|
|
Description |
|
Face Amount
(Thousands) |
|
|
Market Value
($ Thousands) |
|
MORTGAGE-BACKED SECURITIES (continued) |
Seasoned Credit Risk Transfer Trust, Ser 2021-3, Cl TT |
|
|
|
|
|
|
|
|
2.000%, 03/25/2061 |
|
$ |
1,564 |
|
|
$ |
1,403 |
|
Urbana Court |
|
|
|
|
|
|
|
|
4.460%, 05/01/2028 |
|
|
1,714 |
|
|
|
1,721 |
|
| |
|
|
|
|
|
|
|
|
| |
|
|
|
|
|
|
|
|
| |
|
|
|
|
|
|
29,907 |
|
Total Mortgage-Backed Securities |
|
|
|
|
|
|
|
|
(Cost $470,979) ($ Thousands) |
|
|
|
|
|
|
457,667 |
|
| |
|
|
|
|
|
|
|
|
| |
|
|
|
|
|
|
|
|
| |
|
|
|
|
|
|
|
|
U.S. TREASURY OBLIGATIONS — 24.8% |
U.S. Treasury Notes |
|
|
|
|
|
|
|
|
2.500%, 04/30/2024 |
|
|
6,240 |
|
|
|
6,098 |
|
2.500%, 05/31/2024 |
|
|
30,875 |
|
|
|
30,137 |
|
1.000%, 12/15/2024 |
|
|
20,300 |
|
|
|
19,261 |
|
0.250%, 05/15/2024 |
|
|
53,025 |
|
|
|
50,600 |
|
0.250%, 06/15/2024 |
|
|
51,925 |
|
|
|
49,420 |
|
| |
|
|
|
|
Total U.S. Treasury Obligations |
|
|
|
|
(Cost $161,433) ($ Thousands) |
|
|
155,516 |
|
| |
|
|
|
|
|
|
|
|
| |
|
|
|
|
|
|
|
|
| |
|
|
|
|
|
|
Description |
|
Face Amount
(Thousands) |
|
|
Market Value
($ Thousands) |
|
REPURCHASE AGREEMENTS — 13.0% |
BNP Paribas |
|
|
|
|
|
|
|
|
4.800%, dated 04/28/2023 to be repurchased on 05/01/2023, repurchase price $41,116,440 (collateralized by U.S. Government obligations, ranging in par value $100 - $14,886,300, 0.000% - 5.500%, 10/26/2023 - 04/01/2053; with total market value $41,922,008) (C) |
|
$ |
41,100 |
|
|
$ |
41,100 |
|
Deutsche Bank |
|
|
|
|
|
|
|
|
4.790%, dated 04/28/2023 to be repurchased on 05/01/2023, repurchase price $40,416,126 (collateralized by U.S. Government obligations, ranging in par value $4,787,446 - $36,988,092, 4.500% - 5.000%, 04/01/2048 - 09/01/2052; with total market value $41,208,000) (C) |
|
|
40,400 |
|
|
|
40,400 |
|
| |
|
|
|
|
|
|
|
|
Total Repurchase Agreements |
|
|
|
|
|
|
|
|
(Cost $81,500) ($ Thousands) |
|
|
|
|
|
|
81,500 |
|
| |
|
|
|
|
|
|
|
|
| |
|
|
|
|
|
|
|
|
Total Investments in Securities — 110.7% |
|
|
|
|
|
|
|
|
(Cost $713,912) ($ Thousands) |
|
$ |
694,683 |
|
| |
|
|
|
|
|
|
|
|
| |
|
|
|
|
|
|
|
|
A list of the open futures contracts held by the Fund at April 30, 2023, is as follows:
Type of Contract |
|
Number of
Contracts |
|
|
Expiration Date |
|
|
Notional Amount (Thousands) |
|
|
Value
(Thousands) |
|
|
Unrealized Appreciation/ (Depreciation) (Thousands) |
|
Long Contracts |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
U.S. 2-Year Treasury Note |
|
|
1,321 |
|
|
|
Jun-2023 |
|
|
$ |
271,760 |
|
|
$ |
272,343 |
|
|
$ |
582 |
|
Ultra 10-Year U.S. Treasury Note |
|
|
54 |
|
|
|
Jun-2023 |
|
|
|
6,571 |
|
|
|
6,558 |
|
|
|
(12 |
) |
| |
|
|
|
|
|
|
|
|
|
|
278,331 |
|
|
|
278,901 |
|
|
|
570 |
|
Short Contracts |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
U.S. 5-Year Treasury Note |
|
|
(850 |
) |
|
|
Jun-2023 |
|
|
$ |
(92,828 |
) |
|
$ |
(93,281 |
) |
|
$ |
(453 |
) |
U.S. 10-Year Treasury Note |
|
|
(504 |
) |
|
|
Jun-2023 |
|
|
|
(58,014 |
) |
|
|
(58,062 |
) |
|
|
(48 |
) |
| |
|
|
|
|
|
|
|
|
|
|
(150,842 |
) |
|
|
(151,343 |
) |
|
|
(501 |
) |
| |
|
|
|
|
|
|
|
|
|
$ |
127,489 |
|
|
$ |
127,558 |
|
|
$ |
69 |
|
|
Percentages are based on Net Assets of $627,484 ($ Thousands). |
(A) |
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. |
(B) |
No interest rate available. |
(C) |
Tri-Party Repurchase Agreement. |
See “Glossary” for abbreviations.
SCHEDULE OF INVESTMENTS (Unaudited)
April 30, 2023
GNMA Fund
| |
|
|
|
|
|
|
Description |
|
Face Amount
(Thousands) |
|
|
Market Value
($ Thousands) |
|
MORTGAGE-BACKED SECURITIES — 99.6% |
Agency Mortgage-Backed Obligations — 99.2% |
|
|
|
|
FHLMC Multifamily Structured Pass-Through Certificates, Ser K066, Cl X1, IO |
|
|
|
|
|
|
|
|
0.886%, 06/25/2027(A) |
|
$ |
1,618 |
|
|
$ |
41 |
|
FHLMC Multifamily Structured Pass-Through Certificates, Ser K110, Cl X1, IO |
|
|
|
|
|
|
|
|
1.814%, 04/25/2030(A) |
|
|
1,145 |
|
|
|
103 |
|
FHLMC Multifamily Structured Pass-Through Certificates, Ser K116, Cl X1, IO |
|
|
|
|
|
|
|
|
1.529%, 07/25/2030(A) |
|
|
1,318 |
|
|
|
103 |
|
FHLMC Multifamily Structured Pass-Through Certificates, Ser K118, Cl X1, IO |
|
|
|
|
|
|
|
|
1.052%, 09/25/2030(A) |
|
|
1,515 |
|
|
|
84 |
|
FHLMC Multifamily Structured Pass-Through Certificates, Ser K123, Cl X1, IO |
|
|
|
|
|
|
|
|
0.864%, 12/25/2030(A) |
|
|
2,317 |
|
|
|
106 |
|
FHLMC Multifamily Structured Pass-Through Certificates, Ser K125, Cl X1, IO |
|
|
|
|
|
|
|
|
0.675%, 01/25/2031(A) |
|
|
2,988 |
|
|
|
106 |
|
FHLMC Multifamily Structured Pass-Through Certificates, Ser K128, Cl X1, IO |
|
|
|
|
|
|
|
|
0.612%, 03/25/2031(A) |
|
|
1,340 |
|
|
|
43 |
|
FHLMC Multifamily Structured Pass-Through Certificates, Ser K1520, Cl X1, IO |
|
|
|
|
|
|
|
|
0.578%, 02/25/2036(A) |
|
|
602 |
|
|
|
25 |
|
FHLMC Multifamily Structured Pass-Through Certificates, Ser K737, Cl X1, IO |
|
|
|
|
|
|
|
|
0.749%, 10/25/2026(A) |
|
|
2,126 |
|
|
|
37 |
|
FHLMC REMIC, Ser 2011-3930, Cl AI, IO |
|
|
|
|
|
|
|
|
3.500%, 09/15/2026 |
|
|
85 |
|
|
|
3 |
|
FHLMC REMIC, Ser 2012-4018, Cl AI, IO |
|
|
|
|
|
|
|
|
3.500%, 03/15/2027 |
|
|
96 |
|
|
|
3 |
|
FHLMC REMIC, Ser 2012-4060, Cl TI, IO |
|
|
|
|
|
|
|
|
2.500%, 12/15/2026 |
|
|
103 |
|
|
|
1 |
|
FHLMC REMIC, Ser 2013-4166, Cl PI, IO |
|
|
|
|
|
|
|
|
3.500%, 03/15/2041 |
|
|
114 |
|
|
|
4 |
|
FHLMC REMIC, Ser 2013-4176, Cl KI, IO |
|
|
|
|
|
|
|
|
4.000%, 03/15/2028 |
|
|
176 |
|
|
|
6 |
|
FHLMC REMIC, Ser 2013-4178, Cl MI, IO |
|
|
|
|
|
|
|
|
2.500%, 03/15/2028 |
|
|
137 |
|
|
|
5 |
|
FHLMC REMIC, Ser 2013-4182, Cl IE, IO |
|
|
|
|
|
|
|
|
2.500%, 03/15/2028 |
|
|
128 |
|
|
|
5 |
|
FHLMC REMIC, Ser 2013-4199, Cl QI, IO |
|
|
|
|
|
|
|
|
2.500%, 05/15/2028 |
|
|
189 |
|
|
|
8 |
|
FHLMC REMIC, Ser 2013-4247, Cl LA |
|
|
|
|
|
|
|
|
3.000%, 03/15/2043 |
|
|
274 |
|
|
|
255 |
|
FHLMC REMIC, Ser 2015-4484, Cl Cl, IO |
|
|
|
|
|
|
|
|
4.000%, 07/15/2030 |
|
|
259 |
|
|
|
21 |
|
FHLMC REMIC, Ser 2016-4624, Cl BI, IO |
|
|
|
|
|
|
|
|
5.500%, 04/15/2036 |
|
|
111 |
|
|
|
21 |
|
FHLMC REMIC, Ser 2016-4636, Cl BI, IO |
|
|
|
|
|
|
|
|
5.500%, 05/15/2040 |
|
|
185 |
|
|
|
37 |
|
| |
|
|
|
|
|
|
Description |
|
Face Amount
(Thousands) |
|
|
Market Value
($ Thousands) |
|
MORTGAGE-BACKED SECURITIES (continued) |
FHLMC REMIC, Ser 2017-4731, Cl LB |
|
|
|
|
|
|
|
|
3.000%, 11/15/2047 |
|
$ |
167 |
|
|
$ |
139 |
|
FHLMC REMIC, Ser 2020-4978, Cl MI, IO |
|
|
|
|
|
|
|
|
4.000%, 05/25/2040 |
|
|
194 |
|
|
|
29 |
|
FHLMC, Ser 2014-324, Cl C18, IO |
|
|
|
|
|
|
|
|
4.000%, 12/15/2033 |
|
|
242 |
|
|
|
26 |
|
FNMA |
|
|
|
|
|
|
|
|
8.000%, 03/01/2027 to 09/01/2028 |
|
|
8 |
|
|
|
8 |
|
7.000%, 08/01/2032 to 09/01/2032 |
|
|
9 |
|
|
|
9 |
|
6.500%, 09/01/2032 |
|
|
18 |
|
|
|
18 |
|
FNMA Interest, Ser 2007-379, Cl 1, PO |
|
|
|
|
|
|
|
|
0.000%, 05/25/2037(B) |
|
|
439 |
|
|
|
358 |
|
FNMA Interest, Ser 2012-410, Cl C6, IO |
|
|
|
|
|
|
|
|
4.000%, 05/25/2027 |
|
|
35 |
|
|
|
1 |
|
FNMA Interest, Ser 2012-410, Cl C8, IO |
|
|
|
|
|
|
|
|
4.000%, 04/25/2032 |
|
|
289 |
|
|
|
30 |
|
FNMA REMIC, Ser 2010-126, Cl NI, IO |
|
|
|
|
|
|
|
|
5.500%, 11/25/2040 |
|
|
149 |
|
|
|
21 |
|
FNMA REMIC, Ser 2012-53, Cl BI, IO |
|
|
|
|
|
|
|
|
3.500%, 05/25/2027 |
|
|
30 |
|
|
|
1 |
|
FNMA REMIC, Ser 2012-93, Cl IL, IO |
|
|
|
|
|
|
|
|
3.000%, 09/25/2027 |
|
|
158 |
|
|
|
7 |
|
FNMA REMIC, Ser 2012-98, Cl BI, IO |
|
|
|
|
|
|
|
|
6.000%, 01/25/2042 |
|
|
98 |
|
|
|
10 |
|
FNMA REMIC, Ser 2014-68, Cl ID, IO |
|
|
|
|
|
|
|
|
3.500%, 03/25/2034 |
|
|
308 |
|
|
|
17 |
|
FNMA REMIC, Ser 2015-21, Cl WI, IO |
|
|
|
|
|
|
|
|
0.000%, 04/25/2055(A)(C) |
|
|
117 |
|
|
|
5 |
|
FNMA REMIC, Ser 2016-3, Cl JI, IO |
|
|
|
|
|
|
|
|
3.500%, 02/25/2031 |
|
|
27 |
|
|
|
1 |
|
FNMA REMIC, Ser 2016-71, Cl IN, IO |
|
|
|
|
|
|
|
|
3.500%, 10/25/2046 |
|
|
57 |
|
|
|
10 |
|
FNMA REMIC, Ser 2017-110, Cl PB |
|
|
|
|
|
|
|
|
3.000%, 02/25/2057 |
|
|
79 |
|
|
|
64 |
|
FNMA REMIC, Ser 2017-68, Cl IB, IO |
|
|
|
|
|
|
|
|
4.500%, 09/25/2047 |
|
|
154 |
|
|
|
28 |
|
FNMA REMIC, Ser 2018-13, Cl MP |
|
|
|
|
|
|
|
|
3.500%, 12/25/2057 |
|
|
249 |
|
|
|
237 |
|
FNMA REMIC, Ser 2018-25, Cl AL |
|
|
|
|
|
|
|
|
3.500%, 04/25/2048 |
|
|
49 |
|
|
|
45 |
|
FNMA REMIC, Ser 2019-31, Cl CB |
|
|
|
|
|
|
|
|
3.000%, 07/25/2049 |
|
|
300 |
|
|
|
263 |
|
FNMA REMIC, Ser 2019-9, Cl CL |
|
|
|
|
|
|
|
|
3.500%, 04/25/2048 |
|
|
652 |
|
|
|
617 |
|
FNMA REMIC, Ser 2020-53, Cl ZM |
|
|
|
|
|
|
|
|
2.000%, 08/25/2050 |
|
|
555 |
|
|
|
391 |
|
FNMA REMIC, Ser 2020-74, Cl HI, IO |
|
|
|
|
|
|
|
|
5.500%, 10/25/2050 |
|
|
269 |
|
|
|
53 |
|
FNMA, Ser 2019-M21, Cl X1, IO |
|
|
|
|
|
|
|
|
1.511%, 05/25/2029(A) |
|
|
1,074 |
|
|
|
58 |
|
FNMA, Ser 2020-M2, Cl X, IO |
|
|
|
|
|
|
|
|
0.403%, 01/25/2030(A) |
|
|
829 |
|
|
|
9 |
|
SCHEDULE OF INVESTMENTS (Unaudited)
April 30, 2023
GNMA Fund (Continued)
| |
|
|
|
|
|
|
Description |
|
Face Amount
(Thousands) |
|
|
Market Value
($ Thousands) |
|
MORTGAGE-BACKED SECURITIES (continued) |
GNMA |
|
|
|
|
|
|
|
|
8.000%, 07/15/2026 to 03/15/2032 |
|
$ |
45 |
|
|
$ |
46 |
|
7.750%, 10/15/2026 |
|
|
7 |
|
|
|
7 |
|
7.500%, 02/15/2027 to 10/15/2035 |
|
|
36 |
|
|
|
38 |
|
7.250%, 01/15/2028 |
|
|
2 |
|
|
|
2 |
|
6.500%, 10/15/2023 to 10/15/2038 |
|
|
147 |
|
|
|
152 |
|
6.000%, 12/15/2027 to 11/15/2034 |
|
|
103 |
|
|
|
105 |
|
5.500%, 01/15/2033 to 02/15/2041 |
|
|
580 |
|
|
|
598 |
|
5.000%, 06/15/2033 to 04/20/2053 |
|
|
2,438 |
|
|
|
2,476 |
|
4.500%, 08/15/2033 to 08/20/2049 |
|
|
1,746 |
|
|
|
1,752 |
|
4.000%, 03/20/2040 to 09/20/2048 |
|
|
3,573 |
|
|
|
3,510 |
|
3.875%, 05/15/2042 to 08/15/2042 |
|
|
686 |
|
|
|
673 |
|
3.500%, 03/20/2041 to 02/20/2049 |
|
|
7,342 |
|
|
|
6,984 |
|
3.000%, 10/15/2042 to 10/20/2051 |
|
|
8,383 |
|
|
|
7,741 |
|
2.500%, 07/20/2045 to 12/20/2051 |
|
|
9,523 |
|
|
|
8,435 |
|
2.000%, 11/20/2045 to 03/20/2051 |
|
|
6,355 |
|
|
|
5,467 |
|
GNMA TBA |
|
|
|
|
|
|
|
|
5.000%, 05/15/2053 |
|
|
1,155 |
|
|
|
1,141 |
|
3.000%, 05/15/2053 |
|
|
687 |
|
|
|
472 |
|
GNMA, Ser 2010-26, Cl JI, IO |
|
|
|
|
|
|
|
|
5.000%, 02/16/2040 |
|
|
254 |
|
|
|
52 |
|
GNMA, Ser 2010-57, Cl TI, IO |
|
|
|
|
|
|
|
|
5.000%, 05/20/2040 |
|
|
281 |
|
|
|
55 |
|
GNMA, Ser 2012-113, Cl BZ |
|
|
|
|
|
|
|
|
3.000%, 09/16/2042 |
|
|
212 |
|
|
|
180 |
|
GNMA, Ser 2012-126, Cl IO, IO |
|
|
|
|
|
|
|
|
3.500%, 10/20/2042 |
|
|
224 |
|
|
|
33 |
|
GNMA, Ser 2012-51, Cl GI, IO |
|
|
|
|
|
|
|
|
3.500%, 07/20/2040 |
|
|
129 |
|
|
|
5 |
|
GNMA, Ser 2012-69, Cl AI, IO |
|
|
|
|
|
|
|
|
4.500%, 05/16/2027 |
|
|
31 |
|
|
|
1 |
|
GNMA, Ser 2012-91, Cl NC |
|
|
|
|
|
|
|
|
3.000%, 05/20/2042 |
|
|
261 |
|
|
|
235 |
|
GNMA, Ser 2013-149, Cl LZ |
|
|
|
|
|
|
|
|
2.500%, 10/20/2043 |
|
|
49 |
|
|
|
43 |
|
GNMA, Ser 2013-169, Cl ZK |
|
|
|
|
|
|
|
|
2.500%, 11/20/2043 |
|
|
56 |
|
|
|
48 |
|
GNMA, Ser 2013-26, Cl IK, IO |
|
|
|
|
|
|
|
|
3.000%, 02/16/2043 |
|
|
228 |
|
|
|
29 |
|
GNMA, Ser 2013-47, Cl IA, IO |
|
|
|
|
|
|
|
|
4.000%, 03/20/2043 |
|
|
231 |
|
|
|
41 |
|
GNMA, Ser 2013-79, Cl BZ |
|
|
|
|
|
|
|
|
3.000%, 05/20/2043 |
|
|
370 |
|
|
|
329 |
|
GNMA, Ser 2013-99, Cl AX |
|
|
|
|
|
|
|
|
3.000%, 07/20/2043(D) |
|
|
61 |
|
|
|
55 |
|
GNMA, Ser 2014-119, Cl ZK |
|
|
|
|
|
|
|
|
3.500%, 08/16/2044 |
|
|
355 |
|
|
|
325 |
|
GNMA, Ser 2014-122, Cl IP, IO |
|
|
|
|
|
|
|
|
3.500%, 08/16/2029 |
|
|
234 |
|
|
|
13 |
|
GNMA, Ser 2014-133, Cl EP |
|
|
|
|
|
|
|
|
3.500%, 09/20/2044 |
|
|
251 |
|
|
|
235 |
|
| |
|
|
|
|
|
|
Description |
|
Face Amount
(Thousands) |
|
|
Market Value
($ Thousands) |
|
MORTGAGE-BACKED SECURITIES (continued) |
GNMA, Ser 2014-144, Cl BI, IO |
|
|
|
|
|
|
|
|
3.000%, 09/16/2029 |
|
$ |
75 |
|
|
$ |
4 |
|
GNMA, Ser 2014-21, Cl DI, IO |
|
|
|
|
|
|
|
|
4.000%, 04/16/2026 |
|
|
197 |
|
|
|
5 |
|
GNMA, Ser 2014-72, Cl ML |
|
|
|
|
|
|
|
|
3.500%, 03/20/2044 |
|
|
321 |
|
|
|
309 |
|
GNMA, Ser 2015-161, Cl GZ |
|
|
|
|
|
|
|
|
3.000%, 11/20/2045 |
|
|
281 |
|
|
|
250 |
|
GNMA, Ser 2015-165, Cl I, IO |
|
|
|
|
|
|
|
|
3.500%, 07/20/2043 |
|
|
353 |
|
|
|
46 |
|
GNMA, Ser 2015-168, Cl MI, IO |
|
|
|
|
|
|
|
|
5.500%, 10/20/2037 |
|
|
310 |
|
|
|
46 |
|
GNMA, Ser 2015-17, Cl BI, IO |
|
|
|
|
|
|
|
|
3.500%, 05/20/2043 |
|
|
318 |
|
|
|
47 |
|
GNMA, Ser 2015-18, Cl IC, IO |
|
|
|
|
|
|
|
|
3.500%, 02/16/2030 |
|
|
183 |
|
|
|
10 |
|
GNMA, Ser 2015-185, Cl GI, IO |
|
|
|
|
|
|
|
|
3.500%, 02/20/2041 |
|
|
169 |
|
|
|
5 |
|
GNMA, Ser 2015-24, Cl CI, IO |
|
|
|
|
|
|
|
|
3.500%, 02/20/2045 |
|
|
139 |
|
|
|
20 |
|
GNMA, Ser 2015-53, Cl IA, IO |
|
|
|
|
|
|
|
|
4.500%, 04/20/2045 |
|
|
296 |
|
|
|
55 |
|
GNMA, Ser 2015-62, Cl CI, IO |
|
|
|
|
|
|
|
|
4.500%, 05/20/2045 |
|
|
148 |
|
|
|
27 |
|
GNMA, Ser 2015-84, Cl IO, IO |
|
|
|
|
|
|
|
|
3.500%, 05/16/2042 |
|
|
229 |
|
|
|
37 |
|
GNMA, Ser 2016-126, Cl KI, IO |
|
|
|
|
|
|
|
|
3.000%, 09/20/2028 |
|
|
180 |
|
|
|
8 |
|
GNMA, Ser 2016-136, Cl A |
|
|
|
|
|
|
|
|
3.000%, 07/20/2044 |
|
|
547 |
|
|
|
508 |
|
GNMA, Ser 2016-136, Cl PJ |
|
|
|
|
|
|
|
|
3.500%, 01/20/2046 |
|
|
364 |
|
|
|
322 |
|
GNMA, Ser 2016-161, Cl GI, IO |
|
|
|
|
|
|
|
|
5.000%, 11/16/2046 |
|
|
123 |
|
|
|
19 |
|
GNMA, Ser 2016-167, Cl AI, IO |
|
|
|
|
|
|
|
|
5.500%, 03/20/2039 |
|
|
247 |
|
|
|
35 |
|
GNMA, Ser 2016-18, Cl TA |
|
|
|
|
|
|
|
|
2.000%, 10/20/2044 |
|
|
233 |
|
|
|
204 |
|
GNMA, Ser 2016-23, Cl CI, IO |
|
|
|
|
|
|
|
|
3.500%, 04/20/2042 |
|
|
462 |
|
|
|
23 |
|
GNMA, Ser 2016-42, Cl EI, IO |
|
|
|
|
|
|
|
|
6.000%, 02/20/2046 |
|
|
247 |
|
|
|
41 |
|
GNMA, Ser 2016-49, Cl PZ |
|
|
|
|
|
|
|
|
3.000%, 11/16/2045 |
|
|
239 |
|
|
|
185 |
|
GNMA, Ser 2016-99, Cl LI, IO |
|
|
|
|
|
|
|
|
4.000%, 05/20/2029 |
|
|
395 |
|
|
|
13 |
|
GNMA, Ser 2017-107, Cl JI, IO |
|
|
|
|
|
|
|
|
4.000%, 03/20/2047 |
|
|
347 |
|
|
|
51 |
|
GNMA, Ser 2017-130, Cl IO, IO |
|
|
|
|
|
|
|
|
4.500%, 02/20/2040 |
|
|
153 |
|
|
|
24 |
|
GNMA, Ser 2017-134, Cl BI, IO |
|
|
|
|
|
|
|
|
5.000%, 09/16/2047 |
|
|
99 |
|
|
|
19 |
|
SCHEDULE OF INVESTMENTS (Unaudited)
April 30, 2023
GNMA Fund (Continued)
| |
|
|
|
|
|
|
Description |
|
Face Amount
(Thousands) |
|
|
Market Value
($ Thousands) |
|
MORTGAGE-BACKED SECURITIES (continued) |
GNMA, Ser 2017-134, Cl CG |
|
|
|
|
|
|
|
|
2.500%, 09/20/2047 |
|
$ |
80 |
|
|
$ |
70 |
|
GNMA, Ser 2017-163, Cl YA |
|
|
|
|
|
|
|
|
2.500%, 11/20/2047 |
|
|
225 |
|
|
|
188 |
|
GNMA, Ser 2017-163, Cl BC |
|
|
|
|
|
|
|
|
2.500%, 11/20/2047 |
|
|
231 |
|
|
|
191 |
|
GNMA, Ser 2017-182, Cl LZ |
|
|
|
|
|
|
|
|
3.000%, 12/20/2047 |
|
|
147 |
|
|
|
98 |
|
GNMA, Ser 2017-19, Cl AY |
|
|
|
|
|
|
|
|
3.000%, 02/20/2047 |
|
|
436 |
|
|
|
385 |
|
GNMA, Ser 2017-2, Cl AI, IO |
|
|
|
|
|
|
|
|
5.000%, 01/16/2047 |
|
|
177 |
|
|
|
36 |
|
GNMA, Ser 2017-26, Cl IA, IO |
|
|
|
|
|
|
|
|
5.500%, 02/16/2047 |
|
|
280 |
|
|
|
45 |
|
GNMA, Ser 2018-1, Cl HB |
|
|
|
|
|
|
|
|
2.500%, 01/20/2048 |
|
|
228 |
|
|
|
194 |
|
GNMA, Ser 2018-37, Cl BY |
|
|
|
|
|
|
|
|
3.500%, 03/20/2048 |
|
|
200 |
|
|
|
185 |
|
GNMA, Ser 2018-77, Cl JY |
|
|
|
|
|
|
|
|
3.500%, 06/20/2048 |
|
|
246 |
|
|
|
230 |
|
GNMA, Ser 2019-43, Cl IA, IO |
|
|
|
|
|
|
|
|
4.500%, 05/20/2048 |
|
|
136 |
|
|
|
22 |
|
GNMA, Ser 2020-115, Cl YA |
|
|
|
|
|
|
|
|
1.000%, 08/20/2050 |
|
|
58 |
|
|
|
46 |
|
GNMA, Ser 2020-138, Cl LE |
|
|
|
|
|
|
|
|
1.500%, 09/20/2050 |
|
|
167 |
|
|
|
137 |
|
GNMA, Ser 2020-17, Cl EI, IO |
|
|
|
|
|
|
|
|
5.000%, 02/20/2050 |
|
|
166 |
|
|
|
31 |
|
GNMA, Ser 2020-74, Cl IC, IO |
|
|
|
|
|
|
|
|
3.000%, 05/20/2035 |
|
|
524 |
|
|
|
32 |
|
| |
|
|
|
|
|
|
|
|
| |
|
|
|
|
|
|
|
|
| |
|
|
|
|
|
|
48,953 |
|
Non-Agency Mortgage-Backed Obligation — 0.4% |
|
|
|
|
Seasoned Credit Risk Transfer Trust, Ser 2019-3, Cl MT |
|
|
|
|
|
|
|
|
3.500%, 10/25/2058 |
|
|
193 |
|
|
|
181 |
|
| |
|
|
|
|
|
|
|
|
Total Mortgage-Backed Securities |
|
|
|
|
|
|
|
|
(Cost $53,455) ($ Thousands) |
|
|
|
|
|
|
49,134 |
|
| |
|
|
|
|
|
|
|
|
| |
|
|
|
|
|
|
|
|
| |
|
|
|
|
|
|
Description |
|
Face Amount
(Thousands) |
|
|
Market Value
($ Thousands) |
|
REPURCHASE AGREEMENT — 3.2% |
BNP Paribas |
|
|
|
|
|
|
|
|
4.800%, dated 04/28/2023 to be repurchased on 05/01/2023, repurchase price $1,600,640 (collateralized by U.S. Government obligations, ranging in par value $6,006 - $887,214, 1.500% - 5.500%, 02/15/2025 – 04/01/2053; with total market value $1,632,055) (E) |
|
$ |
1,600 |
|
|
$ |
1,600 |
|
Total Repurchase Agreement |
|
|
|
|
|
|
|
|
(Cost $1,600) ($ Thousands) |
|
|
|
|
|
|
1,600 |
|
| |
|
|
|
|
|
|
|
|
| |
|
|
|
|
|
|
|
|
Total Investments in Securities — 102.8% |
|
|
|
|
|
|
|
|
(Cost $55,055) ($ Thousands) |
|
$ |
50,734 |
|
| |
|
|
|
|
|
|
|
|
| |
|
|
|
|
|
|
|
|
SCHEDULE OF INVESTMENTS (Unaudited)
April 30, 2023
GNMA Fund (Concluded)
A list of the open futures contracts held by the Fund at April 30, 2023, is as follows:
Type of Contract |
|
Number of
Contracts |
|
|
Expiration Date |
|
|
Notional Amount (Thousands) |
|
|
Value
(Thousands) |
|
|
Unrealized Appreciation/ (Depreciation) (Thousands) |
|
Long Contracts |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
U.S. 2-Year Treasury Note |
|
|
10 |
|
|
|
Jun-2023 |
|
|
$ |
2,042 |
|
|
$ |
2,062 |
|
|
$ |
20 |
|
U.S. 5-Year Treasury Note |
|
|
13 |
|
|
|
Jun-2023 |
|
|
|
1,394 |
|
|
|
1,427 |
|
|
|
33 |
|
U.S. Ultra Long Treasury Bond |
|
|
1 |
|
|
|
Jun-2023 |
|
|
|
135 |
|
|
|
141 |
|
|
|
6 |
|
Ultra 10-Year U.S. Treasury Note |
|
|
3 |
|
|
|
Jun-2023 |
|
|
|
363 |
|
|
|
364 |
|
|
|
1 |
|
| |
|
|
|
|
|
|
|
|
|
|
3,934 |
|
|
|
3,994 |
|
|
|
60 |
|
Short Contracts |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
U.S. 10-Year Treasury Note |
|
|
(9 |
) |
|
|
Jun-2023 |
|
|
$ |
(1,042 |
) |
|
$ |
(1,037 |
) |
|
$ |
5 |
|
U.S. Long Treasury Bond |
|
|
(6 |
) |
|
|
Jun-2023 |
|
|
|
(754 |
) |
|
|
(790 |
) |
|
|
(36 |
) |
| |
|
|
|
|
|
|
|
|
|
|
(1,796 |
) |
|
|
(1,827 |
) |
|
|
(31 |
) |
| |
|
|
|
|
|
|
|
|
|
$ |
2,138 |
|
|
$ |
2,167 |
|
|
$ |
29 |
|
|
Percentages are based on Net Assets of $49,332 ($ Thousands). |
(A) |
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. |
(B) |
Zero coupon security. |
(C) |
No interest rate available. |
(D) |
Step coupon security. Coupon rate will either increase (step-up bond) or decrease (step-down bond) at regular intervals until maturity. Interest rate shown reflects the rate currently in effect. |
(E) |
Tri-Party Repurchase Agreement. |
See “Glossary” for abbreviations.
Glossary (abbreviations which may be used in the preceding Schedules of Investments):
Portfolio Abbreviations |
ARM — Adjustable Rate Mortgage |
Cl — Class |
CLO — Collateralized Loan Obligation |
DAC — Designated Activity Company |
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 |
PO — Principal Only |
RB — Revenue Bond |
REMIC — Real Estate Mortgage Investment Conduit |
Ser — Series |
SOFR — Secured Overnight Financing Rate |
SOFR30A — Secured Overnight Financing Rate 30-day Average |
SOFRINDX — Secured Overnight Financing Rate Index |
TBA — To Be Announced |
| |
Currency Abbreviations |
USD — U.S. Dollar |