Multi-Sector Bond Portfolio

SCHEDULE OF INVESTMENTS

September 30, 2022 (unaudited)

Common Stocks (0.1%)	Shares/Par +		Value $ (000’s)
Energy (0.1%)
Constellation Oil - Class B *,Æ,d		112,235		12
Noble Corp. PLC *		22,787		674
Total				686
Telecommunications (0.0%)
Intelsat Emergence SA *,Æ		9,427		259
Total				259
Total Common Stocks (Cost: $1,099)				945
Corporate Bonds (50.6%)
Basic Materials (1.3%)
ALROSA Finance SA
3.100%, 6/25/27 144A j		8,500,000		846
4.650%, 4/9/24 144A j		500,000		50
Georgia-Pacific LLC 8.875%, 5/15/31		200,000		243
INEOS Finance PLC
2.875%, 5/1/26 144A EUR ∞		2,700,000		2,211
2.875%, 5/1/26 EUR §,∞		3,400,000		2,784
INEOS Styrolution Group GmbH
2.250%, 1/16/27 144A EUR ∞		200,000		150
2.250%, 1/16/27 EUR §,∞		3,200,000		2,407
MMK International Capital DAC 4.375%, 6/13/24 144A j		1,400,000		420
Sasol Financing USA LLC 5.875%, 3/27/24		500,000		485
Syngenta Finance NV
4.441%, 4/24/23 144A		200,000		199
4.892%, 4/24/25 144A		4,709,000		4,553
Total				14,348
Communications (6.1%)
Altice Financing SA
3.000%, 1/15/28 EUR §,∞		200,000		147
4.250%, 8/15/29 EUR §,∞		2,300,000		1,741
5.750%, 8/15/29 144A		5,400,000		4,132
Altice France Holding SA
6.000%, 2/15/28 144A		1,700,000		1,078
8.000%, 5/15/27 EUR §,∞		1,000,000		741
Altice France SA
4.000%, 7/15/29 144A EUR ∞		1,850,000		1,369
4.000%, 7/15/29 EUR §,∞		1,400,000		1,036
4.250%, 10/15/29 144A EUR ∞		400,000		296
5.500%, 10/15/29 144A		800,000		602
8.125%, 2/1/27 144A		3,200,000		2,860
AT&T, Inc.
3.500%, 9/15/53		237,000		158
3.650%, 9/15/59		6,663,000		4,317
3.800%, 12/1/57		115,000		78
CCO Holdings LLC / CCO Holdings Capital Corp.
4.250%, 2/1/31 144A		2,500,000		1,918
4.500%, 6/1/33 144A		800,000		591

Corporate Bonds (50.6%)	Shares/Par +		Value $ (000’s)
Communications continued
Charter Communications Operating LLC / Charter Communications Operating Capital Corp.
4.200%, 3/15/28		1,700,000		1,526
4.800%, 3/1/50		200,000		144
5.125%, 7/1/49		3,300,000		2,419
5.375%, 4/1/38		100,000		81
CommScope, Inc. 4.750%, 9/1/29 144A		5,700,000		4,649
Connect Finco SARL / Connect US Finco LLC 6.750%, 10/1/26 144A		1,800,000		1,574
Deutsche Telekom International Finance 8.750%, 6/15/30		475,000		544
DISH DBS Corp. 5.750%, 12/1/28 144A		5,200,000		3,930
Iliad Holding SASU 6.500%, 10/15/26 144A		2,700,000		2,361
Intelsat Jackson Holdings SA 6.500%, 3/15/30 144A		703,000		598
Intelsat Jackson Holdings SA - Series A - Contingent Value Rights *,Æ		986		5
Intelsat Jackson Holdings SA - Series B - Contingent Value Rights *,Æ		986		4
Intelsat Jackson Holdings SA Escrow
5.500%, 8/1/23 *,Æ		700,000		–
8.500%, 10/15/24 *,Æ		200,000		–
9.750%, 7/15/25 *,Æ		100,000		–
Lumen Technologies, Inc. 4.000%, 2/15/27 144A		100,000		84
Prosus NV
2.778%, 1/19/34 144A EUR ∞		500,000		336
3.257%, 1/19/27 144A		500,000		419
3.680%, 1/21/30 §		1,700,000		1,274
4.193%, 1/19/32 144A		500,000		367
Sprint Corp.
7.125%, 6/15/24		100,000		102
7.875%, 9/15/23		6,400,000		6,465
Sprint Spectrum Co. LLC / Sprint Spectrum Co. II LLC / Sprint Spectrum Co. III LLC 5.152%, 3/20/28 144A		1,300,000		1,272
Summer (BC) Bidco B LLC 5.500%, 10/31/26 144A		400,000		328
Time Warner Cable LLC
5.875%, 11/15/40		300,000		247
6.750%, 6/15/39		200,000		179
United Group BV 5.250%, 2/1/30 144A EUR ∞		1,000,000		683
UPC Broadband Finco BV 4.875%, 7/15/31 144A		4,800,000		3,725
Virgin Media Secured Finance PLC
4.125%, 8/15/30 GBP §,∞		1,200,000		951
4.250%, 1/15/30 GBP §,∞		3,200,000		2,606
VMED O2 UK Financing I PLC 3.250%, 1/31/31 EUR §,∞		1,200,000		886

Multi-Sector Bond Portfolio

Corporate Bonds (50.6%)	Shares/Par +		Value $ (000’s)
Communications continued
4.000%, 1/31/29 144A GBP ∞		2,600,000		2,185
4.000%, 1/31/29 GBP §,∞		500,000		420
4.500%, 7/15/31 144A GBP ∞		400,000		316
4.750%, 7/15/31 144A		1,100,000		849
Vodafone Group PLC
7.000%, (USD 5 Year Swap Rate plus 4.873%), 4/4/79		1,700,000		1,618
Total				64,211
Consumer, Cyclical (7.0%)
Adient Global Holdings, Ltd. 3.500%, 8/15/24 EUR §,∞		400,000		361
Air Canada Pass-Through Trust, Series 2020-2, Class A 5.250%, 10/1/30 144A		811,445		763
Alaska Airlines Pass-Through Trust, Series 2020-1, Class A 4.800%, 2/15/29 144A		168,645		159
American Airlines Pass-Through Trust, Series 2014-1, Class A 3.700%, 4/1/28		180,088		153
American Airlines Pass-Through Trust, Series 2015-1, Class A 3.375%, 11/1/28		325,534		271
American Airlines Pass-Through Trust, Series 2016-1, Class AA 3.575%, 7/15/29		785,817		702
American Airlines Pass-Through Trust, Series 2017-2, Class AA 3.350%, 4/15/31		156,702		137
British Airways Pass-Through Trust, Series 2020-1, Class A
2.900%, 9/15/36 144A		397,087		323
4.250%, 5/15/34 144A		109,290		98
Caesars Entertainment, Inc. 5.750%, 7/1/25 144A		7,300,000		7,044
Ford Motor Credit Co. LLC
1.051%, (Euribor 3 Month ACT/360 plus 0.730%), 11/15/23 EUR ∞		100,000		95
1.203%, (Euribor 3 Month ACT/360 plus 0.420%), 12/7/22 EUR ∞		400,000		390
1.320%, (Euribor 3 Month ACT/360 plus 0.700%), 12/1/24 EUR ∞		1,300,000		1,196
1.744%, 7/19/24 EUR ∞		200,000		180
2.330%, 11/25/25 EUR ∞		100,000		86
2.386%, 2/17/26 EUR ∞		100,000		85
2.748%, 6/14/24 GBP ∞		700,000		703
3.021%, 3/6/24 EUR ∞		900,000		842
3.250%, 9/15/25 EUR ∞		300,000		266
3.625%, 6/17/31		2,900,000		2,155
3.815%, 11/2/27		300,000		252
4.134%, 8/4/25		200,000		181
4.389%, 1/8/26		800,000		724
4.535%, 3/6/25 GBP ∞		100,000		100
5.584%, 3/18/24		600,000		588
General Motors Financial Co., Inc. 5.100%, 1/17/24		1,200,000		1,196
IHO Verwaltungs GmbH
3.625%, 5/15/25 EUR §,∞		800,000		686
3.750%, 9/15/26 EUR §,∞		5,100,000		4,111

Corporate Bonds (50.6%)	Shares/Par +		Value $ (000’s)
Consumer, Cyclical continued
Jaguar Land Rover Automotive PLC
4.500%, 7/15/28 EUR §,∞		200,000		127
5.875%, 11/15/24 EUR §,∞		1,900,000		1,638
JetBlue Airways Corp. 4.000%, 5/15/34		811,660		721
John Lewis PLC 4.250%, 12/18/34 GBP §,∞		1,000,000		654
Las Vegas Sands Corp. 3.900%, 8/8/29		100,000		83
Marks & Spencer PLC
4.500%, 7/10/27 GBP §,∞		300,000		261
6.000%, 6/12/25 GBP §,∞		1,000,000		1,009
Mattel, Inc. 3.375%, 4/1/26 144A		100,000		89
Melco Resorts Finance, Ltd.
4.875%, 6/6/25 144A		5,700,000		4,219
5.375%, 12/4/29 144A		700,000		423
Mitchells & Butlers Finance PLC
2.410%, (SONIO plus 0.569%), 12/15/30 GBP §,∞		956,494		979
3.743%, (ICE LIBOR USD 3 Month plus 0.450%), 12/15/30 §		173,908		157
6.469%, 9/15/32 GBP §,∞		200,000		199
Nissan Motor Acceptance Corp.
2.000%, 3/9/26 144A		400,000		338
Nissan Motor Co., Ltd.
2.652%, 3/17/26 EUR §,∞		100,000		90
3.201%, 9/17/28 144A EUR ∞		500,000		419
4.345%, 9/17/27 144A		6,400,000		5,517
4.810%, 9/17/30 144A		500,000		405
Pinnacle Bidco PLC
5.500%, 2/15/25 EUR §,∞		100,000		85
6.375%, 2/15/25 GBP §,∞		400,000		380
Renault SA
1.250%, 6/24/25 EUR §,∞		900,000		763
2.375%, 5/25/26 EUR §,∞		4,800,000		3,922
Royal Caribbean Cruises, Ltd. 9.125%, 6/15/23 144A		1,100,000		1,119
Sands China, Ltd.
2.800%, 3/8/27		400,000		318
3.750%, 8/8/31		1,100,000		789
4.300%, 1/8/26		1,700,000		1,447
5.900%, 8/8/28		3,200,000		2,690
Southwest Airlines Co.
5.250%, 5/4/25		1,000,000		999
Toll Brothers Finance Corp.
4.350%, 2/15/28		100,000		87
4.875%, 3/15/27		1,200,000		1,101
Travis Perkins PLC
4.500%, 9/7/23 GBP §,∞		1,900,000		2,037
United Airlines Pass Through Trust, Series 2014-1, Class A 4.000%, 10/11/27		615,541		563
United Airlines Pass Through Trust, Series 2019-2, Class A 2.900%, 11/1/29		90,448		73
United Airlines Pass-Through Trust, Series 2020-1, Class A 5.875%, 4/15/29		2,373,976		2,290

Multi-Sector Bond Portfolio

Corporate Bonds (50.6%)	Shares/Par +		Value $ (000’s)
Consumer, Cyclical continued
US Airways Pass-Through Trust, Series 2012-1, Class A 5.900%, 4/1/26		637,893		618
Volkswagen Leasing GmbH 2.625%, 1/15/24 EUR §,∞		1,800,000		1,744
Wynn Macau, Ltd.
4.875%, 10/1/24 144A		4,100,000		3,292
5.125%, 12/15/29 144A		1,100,000		715
5.500%, 1/15/26 144A		200,000		152
5.500%, 1/15/26 §		500,000		379
5.500%, 10/1/27 144A		200,000		138
5.500%, 10/1/27 §		200,000		138
5.625%, 8/26/28 144A		300,000		200
Wynn Resorts Finance LLC / Wynn Resorts Capital Corp.
5.125%, 10/1/29 144A		800,000		647
ZF Europe Finance BV 2.000%, 2/23/26 EUR §,∞		2,000,000		1,631
ZF Finance GmbH
2.750%, 5/25/27 EUR §,∞		4,300,000		3,343
3.750%, 9/21/28 EUR §,∞		2,000,000		1,524
Total				74,359
Consumer, Non-cyclical (4.2%)
AA Bond Co., Ltd. 4.875%, 7/31/43 GBP §,∞		1,200,000		1,269
AbbVie, Inc. 1.500%, 11/15/23 EUR ∞		400,000		388
Abertis Infraestructuras SA
1.625%, 7/15/29 EUR §,∞		500,000		400
1.875%, 3/26/32 EUR §,∞		600,000		456
3.000%, 3/27/31 EUR §,∞		600,000		509
3.375%, 11/27/26 GBP §,∞		2,100,000		1,982
Albion Financing 1 SARL / Aggreko Holdings, Inc.
5.250%, 10/15/26 EUR §,∞		1,600,000		1,341
6.125%, 10/15/26 144A		300,000		254
Allied Universal Holdco LLC / Allied Universal Finance Corp. / Atlas LuxCo 4 SARL 3.625%, 6/1/28 144A EUR ∞		1,400,000		1,020
Atlantia SpA
1.625%, 2/3/25 EUR §,∞		1,200,000		1,061
1.875%, 7/13/27 EUR §,∞		400,000		313
1.875%, 2/12/28 EUR §,∞		5,500,000		4,043
Bacardi, Ltd. 4.700%, 5/15/28 144A		2,900,000		2,709
BAT Capital Corp.
3.222%, 8/15/24		100,000		96
3.557%, 8/15/27		500,000		439
Bellis Acquisition Co. PLC 3.250%, 2/16/26 GBP §,∞		4,000,000		3,361
Centene Corp.
4.250%, 12/15/27		200,000		183
4.625%, 12/15/29		500,000		449
CHS / Community Health Systems, Inc. 8.000%, 3/15/26 144A		700,000		606
Constellation Brands, Inc. 3.700%, 12/6/26		200,000		188
Coty, Inc. 5.000%, 4/15/26 144A		2,500,000		2,276

Corporate Bonds (50.6%)	Shares/Par +		Value $ (000’s)
Consumer, Non-cyclical continued
CVS Pass-Through Trust
4.704%, 1/10/36 144A		361,220		329
5.926%, 1/10/34 144A		603,687		597
7.507%, 1/10/32 144A		60,610		64
DaVita, Inc. 4.625%, 6/1/30 144A		1,900,000		1,470
Imperial Brands Finance PLC
3.500%, 7/26/26 144A		200,000		180
6.125%, 7/27/27 144A		2,200,000		2,168
Loxam SAS
2.875%, 4/15/26 EUR §,∞		100,000		81
3.250%, 1/14/25 EUR §,∞		900,000		794
Market Bidco Finco PLC 4.750%, 11/4/27 144A EUR ∞		1,898,000		1,470
Nexi SpA 2.125%, 4/30/29 EUR §,∞		3,700,000		2,738
Nielsen Finance LLC / Nielsen Finance Co.
4.500%, 7/15/29 144A		600,000		597
4.750%, 7/15/31 144A		900,000		882
Organon & Co. / Organon Foreign Debt Co- Issuer BV 2.875%, 4/30/28 EUR §,∞		3,500,000		2,736
Organon Finance 1 LLC
2.875%, 4/30/28 144A EUR ∞		400,000		313
4.125%, 4/30/28 144A		1,100,000		940
Perrigo Finance Unlimited Co. 4.400%, 6/15/30		200,000		163
Q-Park Holding I BV
1.500%, 3/1/25 EUR §,∞		1,200,000		1,017
2.000%, 3/1/27 EUR §,∞		2,000,000		1,549
RegionalCare Hospital Partners Holdings, Inc./LifePoint Health, Inc.
9.750%, 12/1/26 144A		500,000		447
Teva Pharmaceutical Finance Netherlands II BV
4.375%, 5/9/30 EUR ∞		2,000,000		1,539
4.500%, 3/1/25 EUR ∞		800,000		737
Total				44,154
Diversified (0.0%)
Stena International SA 6.125%, 2/1/25 144A		400,000		375
Total				375
Energy (6.8%)
Aker BP ASA 3.750%, 1/15/30 144A		400,000		340
Blue Racer Midstream LLC / Blue Racer Finance Corp. 6.625%, 7/15/26 144A		100,000		93
Boardwalk Pipelines LP 3.400%, 2/15/31		200,000		161
CGG SA
7.750%, 4/1/27 EUR §,∞		200,000		166
8.750%, 4/1/27 144A		3,400,000		2,856
Cheniere Corpus Christi Holdings LLC 5.125%, 6/30/27		100,000		97
Cheniere Energy Partners LP 4.000%, 3/1/31		1,400,000		1,174

Multi-Sector Bond Portfolio

Corporate Bonds (50.6%)	Shares/Par +		Value $ (000’s)
Energy continued
Continental Resources, Inc. 4.375%, 1/15/28		1,400,000		1,256
El Paso Natural Gas Co. LLC 8.375%, 6/15/32		200,000		223
Energy Transfer LP
2.900%, 5/15/25		100,000		93
3.600%, 2/1/23		100,000		100
3.750%, 5/15/30		200,000		169
4.950%, 5/15/28		1,200,000		1,120
5.000%, 5/15/50		200,000		156
5.250%, 4/15/29		100,000		94
6.050%, 6/1/41		100,000		89
6.500%, 2/1/42		300,000		279
6.625%, 10/15/36		500,000		475
7.500%, 7/1/38		1,700,000		1,710
EQT Corp. 6.625%, 2/1/25		5,500,000		5,507
Gray Oak Pipeline LLC 3.450%, 10/15/27 144A		500,000		442
Greenko Solar Mauritius, Ltd. 5.550%, 1/29/25 144A		1,000,000		888
Kinder Morgan Energy Partners LP 6.550%, 9/15/40		2,382,000		2,243
Kinder Morgan, Inc. 7.750%, 1/15/32		1,216,000		1,316
Midwest Connector Capital Co. LLC 3.900%, 4/1/24 144A		200,000		193
MPLX LP 4.250%, 12/1/27		100,000		93
NGPL PipeCo LLC 7.768%, 12/15/37 144A		3,900,000		3,942
Noble Corp. PLC
11.000%, 2/15/28 144A		32,532		36
11.000%, 2/15/28		45,537		50
NuStar Logistics LP
5.625%, 4/28/27		1,400,000		1,221
6.000%, 6/1/26		200,000		183
Occidental Petroleum Corp. 5.875%, 9/1/25		700,000		702
Odebrecht Drilling Norbe VIII/IX, Ltd. 7.350%, 12/1/26 §,Þ		1,694,036		957
Odebrecht Oil & Gas Finance, Ltd. 0.000%, 8/5/22 §,µ		782,000		1
Patterson-UTI Energy, Inc. 5.150%, 11/15/29		600,000		495
Pertamina Persero PT 6.500%, 11/7/48 144A		3,800,000		3,490
Petrobras Global Finance BV
5.500%, 6/10/51		100,000		71
6.900%, 3/19/49		300,000		250
Petroleos de Venezuela SA
5.375%, 4/12/27 §,j		6,500,000		130
5.500%, 4/12/37 §,j		4,300,000		86
Petroleos Mexicanos
2.750%, 4/21/27 EUR §,∞		1,100,000		756
4.750%, 2/26/29 EUR §,∞		3,500,000		2,376
4.875%, 2/21/28 EUR §,∞		600,000		431
5.625%, 1/23/46		378,000		197
5.950%, 1/28/31		4,300,000		2,904
6.350%, 2/12/48		100,000		54

Corporate Bonds (50.6%)	Shares/Par +		Value $ (000’s)
Energy continued
6.625%, 6/15/35		4,200,000		2,678
6.625%, 6/15/38		2,000,000		1,170
6.700%, 2/16/32		4,536,000		3,183
6.750%, 9/21/47		2,900,000		1,617
7.690%, 1/23/50		1,880,000		1,151
Petrorio Luxembourg SARL 6.125%, 6/9/26 144A		200,000		180
Plains All American Pipeline LP / PAA Finance Corp.
4.900%, 2/15/45		1,100,000		807
6.650%, 1/15/37		277,000		257
Ras Laffan Liquefied Natural Gas Co., Ltd. III 5.838%, 9/30/27 144A		1,872,890		1,881
Regency Energy Partners LP / Regency Energy Finance Corp. 4.500%, 11/1/23		300,000		297
Rio Oil Finance Trust, Series 2014-1
9.250%, 7/6/24 144A		696,798		700
9.250%, 7/6/24 §		609,698		613
Rio Oil Finance Trust, Series 2014-3
9.750%, 1/6/27 §		314,332		324
SA Global Sukuk, Ltd. 2.694%, 6/17/31 144A		300,000		253
Sabine Pass Liquefaction LLC
4.500%, 5/15/30		700,000		638
5.625%, 3/1/25		4,900,000		4,895
5.750%, 5/15/24		800,000		803
5.875%, 6/30/26		400,000		400
Santos Finance, Ltd. 3.649%, 4/29/31 144A		700,000		544
Saudi Arabian Oil Co. 2.250%, 11/24/30 §		200,000		161
Southwestern Energy Co. 5.375%, 2/1/29		100,000		91
Tallgrass Energy Partners LP 5.500%, 1/15/28 144A		8,400,000		7,170
Targa Resources Partners LP / Targa Resources Partners Finance Corp. 5.500%, 3/1/30		1,200,000		1,077
Western Midstream Operating, LP 3.350%, 2/1/25		1,200,000		1,119
Total				71,674
Financial (20.3%)
ADLER Group SA
1.875%, 1/14/26 EUR §,∞		1,100,000		550
2.750%, 11/13/26 EUR §,∞		1,400,000		686
ADLER Real Estate AG
2.125%, 2/6/24 EUR §,∞		2,288,000		1,743
3.000%, 4/27/26 EUR §,∞		4,900,000		3,311
AerCap Ireland Capital DAC / AerCap Global Aviation Trust
3.150%, 2/15/24		3,600,000		3,457
3.650%, 7/21/27		500,000		437
4.450%, 4/3/26		900,000		840
4.625%, 10/15/27		500,000		449
4.875%, 1/16/24		1,200,000		1,181
Aircastle, Ltd.
2.850%, 1/26/28 144A		600,000		466
4.250%, 6/15/26		300,000		269

Multi-Sector Bond Portfolio

Corporate Bonds (50.6%)		Shares/ Par +
Financial continued
5.250%, 8/11/25 144A	2,400,000		2,259
Ally Financial, Inc.
3.050%, 6/5/23	400,000		396
8.000%, 11/1/31	1,371,000		1,437
Antares Holdings LP 2.750%, 1/15/27 144A	250,000		199
Athora Netherlands NV
2.375%, 5/17/24 EUR §,∞	700,000		665
7.000%, (5 Year EUR Annual Swap Rate plus 6.463%), 6/19/25 EUR §,µ,∞	200,000		172
Atrium European Real Estate, Ltd. 4.250%, 9/11/25 EUR §,∞	3,439,000		2,899
Aviation Capital Group LLC 5.500%, 12/15/24 144A	1,000,000		968
Avolon Holdings Funding, Ltd. 2.528%, 11/18/27 144A	2,173,000		1,700
Banca Monte dei Paschi di Siena SpA
1.875%, 1/9/26 EUR §,∞	300,000		237
2.625%, 4/28/25 EUR §,∞	3,300,000		2,764
3.625%, 9/24/24 EUR §,∞	3,800,000		3,371
5.375%, (5 Year EUR Annual Swap Rate plus 5.005%), 1/18/28 EUR §,∞	7,100,000		3,667
8.000%, (5 Year EUR Annual Swap Rate plus 8.149%), 1/22/30 EUR §,∞	500,000		269
8.500%, (5 Year EUR Annual Swap Rate plus 8.917%), 9/10/30 EUR §,∞	800,000		441
Banco Bilbao Vizcaya Argentaria SA
6.000%, (5 Year EUR Annual Swap Rate plus 6.039%), 3/29/24 EUR §,µ,∞	1,600,000		1,421
6.138%, (US Treasury Yield Curve Rate T Note Constant Maturity 1 Year plus 2.700%), 9/14/28	2,300,000		2,220
Banco Bradesco SA 2.850%, 1/27/23 144A	400,000		397
Banco BTG Pactual SA 4.500%, 1/10/25 144A	500,000		475
Banco de Sabadell SA
1.125%, (1 Year EUR Annual Swap Rate plus 1.550%), 3/11/27 EUR §,∞	200,000		174
1.750%, 5/10/24 EUR §,∞	900,000		840
Banco do Brasil SA 4.625%, 1/15/25 144A	900,000		870
Banco Votorantim SA 4.500%, 9/24/24 §	200,000		194
Bank of America Corp.
3.419%, (ICE LIBOR USD 3 Month plus 1.040%), 12/20/28	973,000		864
5.875%, (ICE LIBOR USD 3 Month plus 2.931%), 3/15/28 µ	4,500,000		3,859
Bank of Ireland Group PLC
6.253%, (US Treasury Yield Curve Rate T Note Constant Maturity 1 Year plus 2.650%), 9/16/26 144A	600,000		587
7.500%, (5 Year EUR Annual Swap Rate plus 7.924%), 5/19/25 EUR §,µ,∞	1,700,000		1,560
Barclays Bank PLC 7.625%, 11/21/22	488,000		488
Barclays PLC
2.279%, (US Treasury Yield Curve Rate T Note Constant Maturity 1 Year plus 1.050%), 11/24/27	2,100,000		1,759

Corporate Bonds (50.6%)		Shares/ Par +
Financial continued
2.375%, (GBP Swap Semi-Annual 1 Year plus 1.597%), 10/6/23 GBP §,∞	200,000		223
3.375%, (1 Year EUR Annual Swap Rate plus 3.700%), 4/2/25 EUR §,∞	1,200,000		1,160
5.501%, (US Treasury Yield Curve Rate T Note Constant Maturity 1 Year plus 2.650%), 8/9/28	3,000,000		2,812
6.125%, (US Treasury Yield Curve Rate T Note Constant Maturity 5 year plus 5.867%), 12/15/25 µ	500,000		421
BNP Paribas SA
1.904%, (US SOFR plus 1.609%), 9/30/28 144A	1,700,000		1,372
2.219%, (US SOFR plus 2.074%), 6/9/26 144A	200,000		180
4.705%, (ICE LIBOR USD 3 Month plus 2.235%), 1/10/25 144A	5,800,000		5,710
BPCE SA 2.375%, 1/14/25 144A	200,000		185
CaixaBank SA
6.750%, (5 Year EUR Annual Swap Rate plus 6.498%), 6/13/24 EUR §,µ,∞	200,000		180
Cantor Fitzgerald LP 4.875%, 5/1/24 144A	100,000		98
Chubb INA Holdings, Inc. 0.875%, 6/15/27 EUR ∞	200,000		172
Citigroup, Inc. 3.070%, (US SOFR plus 1.280%), 2/24/28	200,000		178
3.400%, 5/1/26	400,000		373
Corestate Capital Holding SA 3.500%, 4/15/23 EUR §,∞	700,000		138
Country Garden Holdings Co., Ltd.
3.125%, 10/22/25 §	3,700,000		1,182
5.125%, 1/14/27 §	1,200,000		348
CPI Property Group SA 1.625%, 4/23/27 EUR §,∞	700,000		538
Credit Agricole SA 1.907%, (US SOFR plus 1.676%), 6/16/26 144A	500,000		447
Credit Suisse AG
6.500%, 8/8/23 144A	7,400,000		7,304
6.500%, 8/8/23 §	1,700,000		1,678
DAE Sukuk DIFC, Ltd. 3.750%, 2/15/26 144A	1,000,000		920
Deutsche Bank AG
1.375%, (Euribor 3 Month ACT/360 plus 1.500%), 2/17/32 EUR §,∞	2,500,000		1,712
1.625%, 1/20/27 EUR §,∞	100,000		83
1.750%, (Euribor 3 Month ACT/360 plus 2.050%), 11/19/30 EUR §,∞	6,700,000		4,963
3.035%, (US SOFR plus 1.718%), 5/28/32	200,000		143
3.547%, (US SOFR plus 3.043%), 9/18/31	1,300,000		991
3.729%, (US SOFR plus 2.757%), 1/14/32	3,300,000		2,222
3.742%, (US SOFR plus 2.257%), 1/7/33	700,000		454
3.961%, (US SOFR plus 2.581%), 11/26/25	600,000		560
5.625%, (5 Year EUR Annual Swap Rate plus 6.000%), 5/19/31 EUR §,∞	2,600,000		2,424
5.882%, (US SOFR plus 5.438%), 7/8/31	400,000		320
Fairfax Financial Holdings, Ltd.
2.750%, 3/29/28 144A EUR ∞	500,000		430
2.750%, 3/29/28 EUR §,∞	1,200,000		1,032

Multi-Sector Bond Portfolio

Corporate Bonds (50.6%)		Shares/ Par +
Financial continued
Fidelity National Financial, Inc. 3.400%, 6/15/30	200,000		163
Freedom Mortgage Corp.
6.625%, 1/15/27 144A	500,000		356
7.625%, 5/1/26 144A	2,100,000		1,568
8.125%, 11/15/24 144A	3,560,000		3,115
8.250%, 4/15/25 144A	782,000		646
Globalworth Real Estate Investments, Ltd. 3.000%, 3/29/25 EUR §,∞	3,900,000		3,334
GLP Capital LP / GLP Financing II, Inc.
3.350%, 9/1/24	100,000		95
5.750%, 6/1/28	400,000		375
The Goldman Sachs Group, Inc.
2.125%, 9/30/24 EUR §,∞	1,200,000		1,146
3.375%, 3/27/25 EUR §,∞	200,000		195
Growthpoint Properties International Pty, Ltd.
5.872%, 5/2/23 144A	300,000		298
5.872%, 5/2/23 §	5,800,000		5,756
HSBC Holdings PLC
1.645%, (US SOFR plus 1.538%), 4/18/26	200,000		178
2.099%, (US SOFR plus 1.929%), 6/4/26	200,000		179
2.804%, (US SOFR plus 1.187%), 5/24/32	3,300,000		2,425
3.900%, 5/25/26	2,600,000		2,437
3.973%, (ICE LIBOR USD 3 Month plus 1.610%), 5/22/30	4,900,000		4,147
4.300%, 3/8/26	3,000,000		2,874
Huarong Finance 2019 Co., Ltd.
2.125%, 9/30/23 §	1,100,000		1,034
2.500%, 2/24/23 §	800,000		784
4.105%, (ICE LIBOR USD 3 Month plus 1.125%), 2/24/23 §	3,800,000		3,729
ING Groep NV
5.750%, (US Treasury Yield Curve Rate T Note Constant Maturity 5 year plus 4.342%), 11/16/26 µ	1,800,000		1,547
6.750%, (5 Year ICE Swap Rate plus 4.204%), 4/16/24 §,µ	900,000		845
Intesa Sanpaolo SpA
3.250%, 9/23/24 144A	300,000		282
4.000%, 9/23/29 144A	200,000		165
5.017%, 6/26/24 144A	2,700,000		2,517
5.500%, (5 Year EUR Annual Swap Rate plus 5.848%), 3/1/28 EUR §,µ,∞	4,050,000		2,922
5.875%, (5 Year EUR Annual Swap Rate plus 6.086%), 9/1/31 EUR §,µ,∞	900,000		626
Jefferies Finance LLC / JFIN Co-Issuer Corp. 5.000%, 8/15/28 144A	1,500,000		1,106
Kaisa Group Holdings, Ltd.
9.375%, 6/30/24 §,j	400,000		42
9.750%, 9/28/23 §,j	600,000		63
10.500%, 1/15/25 §,j	1,100,000		116
10.875%, 7/23/23 §,j	400,000		42
11.250%, 4/16/25 §,j	3,500,000		374
11.650%, 6/1/26 §,j	1,000,000		104
Kennedy Wilson, Inc. 4.750%, 2/1/30	1,800,000		1,335
LeasePlan Corp. NV 2.875%, 10/24/24 144A	300,000		281
Liberty Mutual Finance Europe DAC 1.750%, 3/27/24 EUR §,∞	100,000		96

Corporate Bonds (50.6%)		Shares/ Par +
Financial continued
Lincoln Financing SARL 3.625%, 4/1/24 EUR §,∞	6,000,000		5,669
Lloyds Banking Group PLC
3.511%, (US Treasury Yield Curve Rate T Note Constant Maturity 1 Year plus 1.600%), 3/18/26	200,000		187
3.750%, (US Treasury Yield Curve Rate T Note Constant Maturity 1 Year plus 1.800%), 3/18/28	2,500,000		2,247
4.450%, 5/8/25	2,800,000		2,704
4.976%, (US Treasury Yield Curve Rate T Note Constant Maturity 1 Year plus 2.300%), 8/11/33	200,000		175
Logicor Financing SARL 3.250%, 11/13/28 EUR §,∞	600,000		513
Marsh & McLennan Cos., Inc. 1.349%, 9/21/26 EUR ∞	100,000		89
Morgan Stanley 4.000%, 7/23/25	3,600,000		3,484
Nationwide Building Society
4.363%, (ICE LIBOR USD 3 Month plus 1.392%), 8/1/24 144A	4,500,000		4,435
NatWest Group PLC
2.500%, 3/22/23 EUR §,∞	100,000		98
4.519%, (ICE LIBOR USD 3 Month plus 1.550%), 6/25/24	200,000		198
4.800%, 4/5/26	2,800,000		2,685
4.892%, (ICE LIBOR USD 3 Month plus 1.754%), 5/18/29	3,700,000		3,368
6.000%, (US Treasury Yield Curve Rate T Note Constant Maturity 5 year plus 5.625%), 12/29/25 µ	500,000		436
New Metro Global, Ltd. 4.500%, 5/2/26 §	1,700,000		544
NN Group NV 4.500%, (Euribor 3 Month ACT/360 plus 4.000%), 7/15/49 EUR §,µ,∞	2,600,000		2,365
OMEGA Healthcare Investors, Inc.
4.500%, 1/15/25	100,000		97
4.950%, 4/1/24	100,000		99
OneMain Finance Corp.
3.500%, 1/15/27	1,100,000		857
4.000%, 9/15/30	700,000		491
6.125%, 3/15/24	2,500,000		2,408
6.875%, 3/15/25	1,900,000		1,786
7.125%, 3/15/26	1,400,000		1,262
Pacific Life Global Funding II 1.200%, 6/24/25 144A	200,000		180
Park Aerospace Holdings, Ltd.
4.500%, 3/15/23 144A	3,900,000		3,877
5.500%, 2/15/24 144A	112,000		110
RLJ Lodging Trust LP 3.750%, 7/1/26 144A	200,000		171
Santander UK Group Holdings PLC
2.003%, (Euribor 3 Month ACT/360 plus 0.850%), 3/27/24 EUR §,∞	400,000		392
2.896%, (US SOFR plus 1.475%), 3/15/32	800,000		595
3.823%, (ICE LIBOR USD 3 Month plus 1.400%), 11/3/28	4,000,000		3,436
6.750%, (GBP Swap Semi-Annual 5 Year plus 5.792%), 6/24/24 GBP §,µ,∞	1,390,000		1,428

Multi-Sector Bond Portfolio

Corporate Bonds (50.6%)		Shares/ Par +
Financial continued
Sberbank of Russia Via SB Capital SA 5.250%, 5/23/23 §,j	4,500,000		540
Seazen Group, Ltd. 6.000%, 8/12/24 §	200,000		85
Service Properties Trust 4.350%, 10/1/24	200,000		177
4.750%, 10/1/26	4,900,000		3,698
Sitka Holdings LLC
8.174%, (ICE LIBOR USD 3 Month plus 4.500%), 7/6/26 144A	600,000		574
Societe Generale SA
7.375%, (USD 5 Year Swap Rate plus 4.302%), 10/4/23 144A µ	300,000		273
7.875%, (USD 5 Year Swap Rate plus 4.979%), 12/29/49 144A µ	200,000		192
Sunac China Holdings, Ltd.
5.950%, 4/26/24 §,j	2,000,000		280
6.650%, 8/3/24 §,j	600,000		85
7.250%, 6/14/22 §,j	2,600,000		366
8.350%, 4/19/23 §,j	1,600,000		225
Tesco Property Finance 3 PLC 5.744%, 4/13/40 GBP §,∞	92,570		90
Tesco Property Finance 6 PLC 5.411%, 7/13/44 GBP §,∞	2,570,197		2,403
TP ICAP PLC 5.250%, 1/26/24 GBP §,∞	3,700,000		3,928
Trust Fibra Uno 6.390%, 1/15/50 144A	200,000		140
UBS Group AG
4.703%, (US Treasury Yield Curve Rate T Note Constant Maturity 1 Year plus 2.050%), 8/5/27 144A	400,000		379
UBS Group Funding AG 4.125%, 9/24/25 144A	300,000		286
UniCredit SpA
2.200%, (Euribor 3 Month ACT/360 plus 2.550%), 7/22/27 EUR §,∞	300,000		257
2.569%, (US Treasury Yield Curve Rate T Note Constant Maturity 1 Year plus 2.300%), 9/22/26 144A	2,900,000		2,485
7.296%, (USD 5 Year Swap Rate plus 4.914%), 4/2/34 144A	5,700,000		4,837
7.830%, 12/4/23 144A	5,650,000		5,691
The Unique Pub Finance Co. PLC 7.395%, 3/28/24 GBP §,∞	210,880		234
Virgin Money UK PLC
3.125%, (6 Month GBP-LIBOR plus 2.569%), 6/22/25 GBP §,∞	100,000		103
3.375%, (1 Year GBP Swap Rate plus 2.145%), 4/24/26 GBP §,∞	100,000		98
4.000%, (1 Year UK Gilts plus 2.800%), 9/25/26 GBP §,∞	500,000		494
4.000%, (1 Year UK Gilts plus 3.750%), 9/3/27 GBP §,∞	200,000		189
Vonovia Finance BV 5.000%, 10/2/23 144A	300,000		297
Wells Fargo & Co. 1.000%, 2/2/27 EUR §,∞	1,500,000		1,280
Weyerhaeuser Co. 7.375%, 3/15/32	424,000		457

Corporate Bonds (50.6%)		Shares/ Par +
Financial continued
Yango Justice International, Ltd.
7.500%, 4/15/24 §,j	4,200,000		185
7.875%, 9/4/24 §,j	600,000		30
Total			215,535
Industrial (2.5%)
Berry Global, Inc. 1.570%, 1/15/26	100,000		87
Constellation Oil Services Holding SA 3.000%, 12/31/26	100,335		80
DAE Funding LLC
1.550%, 8/1/24 144A	1,700,000		1,553
1.625%, 2/15/24 144A	1,000,000		932
2.625%, 3/20/25 144A	500,000		457
3.375%, 3/20/28 144A	700,000		593
3.375%, 3/20/28 §	200,000		169
Empresa de Transporte de Pasajeros Metro SA 4.700%, 5/7/50 §	1,400,000		1,055
Flex, Ltd. 3.750%, 2/1/26	700,000		650
Fortress Transportation & Infrastructure
5.500%, 5/1/28 144A	400,000		320
6.500%, 10/1/25 144A	4,818,000		4,526
GE Capital UK Funding Unlimited Co. 5.875%, 1/18/33 GBP ∞	800,000		827
General Electric Co. 4.125%, 9/19/35 EUR §,∞	500,000		465
Lima Metro Line 2 Finance, Ltd. 5.875%, 7/5/34 144A	288,037		272
The Manitowoc Co., Inc. 9.000%, 4/1/26 144A	6,200,000		5,639
Rolls-Royce PLC
0.875%, 5/9/24 EUR §,∞	5,300,000		4,738
4.625%, 2/16/26 EUR §,∞	1,600,000		1,433
5.750%, 10/15/27 144A	200,000		174
5.750%, 10/15/27 GBP §,∞	100,000		96
SMBC Aviation Capital Finance DAC 2.300%, 6/15/28 144A	200,000		158
Standard Industries, Inc.
2.250%, 11/21/26 144A EUR ∞	1,300,000		994
2.250%, 11/21/26 EUR §,∞	1,300,000		994
Total			26,212
Technology (1.1%)
Broadcom, Inc. 2.450%, 2/15/31 144A	700,000		528
Dell International LLC / EMC Corp.
5.300%, 10/1/29	4,300,000		4,006
5.450%, 6/15/23	293,000		294
6.020%, 6/15/26	400,000		402
8.100%, 7/15/36	162,000		171
NXP BV / NXP Funding LLC
4.875%, 3/1/24	1,700,000		1,680
5.350%, 3/1/26	1,600,000		1,580
Seagate HDD Cayman 4.125%, 1/15/31	1,800,000		1,351
VMware, Inc.
4.500%, 5/15/25	300,000		293
4.650%, 5/15/27	1,400,000		1,337

Multi-Sector Bond Portfolio

Corporate Bonds (50.6%)	Shares/ Par +		Value $ (000’s)
Technology continued
4.700%, 5/15/30		100,000		90
Total				11,732
Utilities (1.3%)
Adani Electricity Mumbai, Ltd. 3.949%, 2/12/30 144A		300,000		226
Centrais Eletricas Brasileiras SA 4.625%, 2/4/30 144A		300,000		251
Edison International 5.750%, 6/15/27		100,000		98
Electricite de France SA 4.500%, 9/21/28 144A		900,000		840
FEL Energy VI SARL 5.750%, 12/1/40 §		3,108,232		2,128
Nakilat, Inc.
6.067%, 12/31/33 §		920,080		920
6.267%, 12/31/33 144A		464,429		471
National Fuel Gas Co. 5.200%, 7/15/25		300,000		296
NPC Ukrenergo 6.875%, 11/9/28 §		800,000		153
Pacific Gas & Electric Co.
2.100%, 8/1/27		100,000		81
2.500%, 2/1/31		100,000		73
2.950%, 3/1/26		100,000		88
3.150%, 1/1/26		1,600,000		1,438
3.250%, 6/15/23		100,000		99
3.300%, 3/15/27		200,000		173
3.300%, 12/1/27		500,000		421
3.300%, 8/1/40		2,700,000		1,728
3.450%, 7/1/25		300,000		279
3.500%, 6/15/25		1,500,000		1,352
3.750%, 7/1/28		100,000		84
4.200%, 6/1/41		100,000		69
4.250%, 8/1/23		200,000		198
4.250%, 3/15/46		100,000		67
4.450%, 4/15/42		300,000		211
4.550%, 7/1/30		500,000		429
Perusahaan Listrik Negara PT 3.000%, 6/30/30 144A		1,500,000		1,163
Total				13,336
Total Corporate Bonds (Cost: $706,549)				535,936
Convertible Corporate Bonds (0.1%)
Financial (0.1%)
Corestate Capital Holding SA 1.375%, 11/28/22 EUR §,∞		5,700,000		1,173
Total				1,173
Total Convertible Corporate Bonds (Cost: $6,594)				1,173
Governments (14.3%)
Governments (14.3%)
Abu Dhabi Government International Bond
2.700%, 9/2/70 144A		3,700,000		2,229
2.700%, 9/2/70 §		900,000		542
3.875%, 4/16/50 §		1,500,000		1,222

Governments (14.3%)	Shares/ Par +		Value $ (000’s)
Governments continued
Albania Government International Bond 3.500%, 6/16/27 144A EUR ∞		1,400,000		1,187
Arab Republic of Egypt
5.625%, 4/16/30 144A EUR ∞		1,550,000		879
7.500%, 2/16/61 144A		1,900,000		977
Argentine Republic Government International Bond
1.000%, 7/9/29		405,455		78
1.750%, 7/9/30 Σ		866,857		173
4.875%, 7/9/41 Σ		13,420,196		2,858
5.000%, 7/9/35 Σ		5,922,164		1,075
Australian Government 4.250%, 4/21/26 AUD §,∞		2,400,000		1,567
Banque Ouest Africaine de Developpement 2.750%, 1/22/33 144A EUR ∞		500,000		358
Brazilian Government International Bond 5.000%, 1/27/45		1,000,000		726
Colombia Government International Bond
5.000%, 6/15/45		6,000,000		3,632
5.200%, 5/15/49		200,000		123
Dominican Republic International Bond
4.875%, 9/23/32 144A		550,000		413
4.875%, 9/23/32 §		1,700,000		1,278
6.500%, 2/15/48 144A		2,800,000		2,062
6.500%, 2/15/48 §		2,800,000		2,062
6.875%, 1/29/26 §		500,000		487
Ecuador Government International Bond
0.010%, 7/31/30 144A		323,958		93
6.900%, 7/31/35 144A		2,674,620		880
6.900%, 7/31/40 144A		1,225,800		359
Egypt Government International Bond
6.375%, 4/11/31 EUR §,∞		2,500,000		1,421
7.500%, 2/16/61 §		800,000		411
Export-Import Bank of India 3.375%, 8/5/26 §		600,000		555
Federal Republic of Nigeria
7.625%, 11/28/47 §		700,000		388
7.696%, 2/23/38 §		600,000		349
7.875%, 2/16/32 §		2,800,000		1,793
Ghana Government International Bond
8.125%, 3/26/32 §		400,000		149
8.950%, 3/26/51 §		800,000		294
Ivory Coast Government International Bond
5.250%, 3/22/30 EUR §,∞		500,000		357
5.875%, 10/17/31 144A EUR ∞		300,000		212
6.625%, 3/22/48 144A EUR ∞		900,000		518
6.625%, 3/22/48 EUR §,∞		800,000		461
6.875%, 10/17/40 144A EUR ∞		400,000		245
6.875%, 10/17/40 EUR §,∞		100,000		61
Kingdom of Jordan
4.950%, 7/7/25 144A		300,000		276
5.850%, 7/7/30 144A		400,000		325
Morocco Government International Bond
4.000%, 12/15/50 144A		500,000		285
5.500%, 12/11/42 §		800,000		588
North Macedonia 3.675%, 6/3/26 144A EUR ∞		500,000		428
Oman Government International Bond
6.000%, 8/1/29 §		900,000		838
6.250%, 1/25/31 144A		2,300,000		2,142

Multi-Sector Bond Portfolio

Governments (14.3%)	Shares/ Par +		Value $ (000’s)
Governments continued
6.500%, 3/8/47 §		500,000		391
6.750%, 1/17/48 §		4,800,000		3,843
Panama Government International Bond
6.700%, 1/26/36		1,900,000		1,866
8.125%, 4/28/34		100,000		117
Provincia de Buenos Aires
37.463%, (Argentina Private Banks Deposit Rates Index plus 3.750%), 4/12/25 144A ARS §,∞		740,000		3
Republic of Belarus Ministry of Finance 5.875%, 2/24/26 144A j		600,000		147
Republic of Indonesia
0.900%, 2/14/27 EUR ∞		1,700,000		1,419
1.400%, 10/30/31 EUR ∞		1,900,000		1,385
1.450%, 9/18/26 EUR ∞		700,000		610
3.375%, 7/30/25 144A EUR ∞		800,000		769
3.750%, 6/14/28 144A EUR ∞		1,900,000		1,771
3.750%, 6/14/28 EUR §,∞		2,200,000		2,051
4.625%, 4/15/43 §		2,700,000		2,290
5.125%, 1/15/45 §		1,800,000		1,574
Republic of Paraguay
5.600%, 3/13/48 §		600,000		450
6.100%, 8/11/44 §		300,000		248
Republic of Peru 3.300%, 3/11/41		2,700,000		1,862
Republic of Serbia 1.650%, 3/3/33 144A EUR ∞		700,000		379
Republic of South Africa Government International Bond
4.850%, 9/30/29		1,200,000		990
4.875%, 4/14/26		600,000		559
5.000%, 10/12/46		500,000		304
5.750%, 9/30/49		4,500,000		2,887
Romanian Government International Bond
2.000%, 4/14/33 144A EUR ∞		1,400,000		810
2.875%, 4/13/42 144A EUR ∞		500,000		251
4.125%, 3/11/39 EUR §,∞		1,500,000		956
Russian Federation
4.250%, 6/23/27 144A j		200,000		96
4.250%, 6/23/27 §,j		1,200,000		576
4.750%, 5/27/26 §,j		1,600,000		768
5.250%, 6/23/47 144A j		200,000		96
5.250%, 6/23/47 §,j		2,400,000		1,152
5.625%, 4/4/42 144A §,j		200,000		106
5.625%, 4/4/42 j		200,000		106
5.875%, 9/16/43 144A j		200,000		106
Saudi International Bond
2.900%, 10/22/25 §		300,000		285
4.000%, 4/17/25 §		3,900,000		3,816
4.500%, 10/26/46 §		9,300,000		7,847
Sri Lanka Government International Bond
7.550%, 3/28/30 §,j		1,600,000		392
7.850%, 3/14/29 §,j		500,000		122
State Agency of Roads of Ukraine
6.250%, 6/24/30 §		1,200,000		220
State of Minas Gerais
5.333%, 2/15/28 §		120,000		116
State of Qatar
4.400%, 4/16/50 144A		1,200,000		1,055
4.400%, 4/16/50 §		2,400,000		2,109

Governments (14.3%)	Shares/ Par +		Value $ (000’s)
Governments continued
4.500%, 4/23/28 §		1,100,000		1,086
4.817%, 3/14/49 §		800,000		740
5.103%, 4/23/48 §		1,200,000		1,161
Turkey Government International Bond
4.875%, 4/16/43		1,900,000		1,070
5.750%, 5/11/47		4,400,000		2,636
Ukraine Government International Bond
4.375%, 1/27/32 144A EUR ∞		1,600,000		285
4.375%, 1/27/32 EUR §,∞		1,700,000		302
6.750%, 6/20/28 144A EUR ∞		600,000		112
6.876%, 5/21/31 144A		900,000		162
7.375%, 9/25/34 §		300,000		55
8.994%, 2/1/26 144A		1,000,000		207
United Mexican States
2.125%, 10/25/51 EUR ∞		1,000,000		502
3.771%, 5/24/61		5,400,000		3,185
US Treasury
1.875%, 8/31/24 b		7,310,000		6,990
2.125%, 3/31/24 b		3,970,000		3,844
2.125%, 11/30/24 b		3,400,000		3,250
2.250%, 11/15/24		15,910,000		15,261
2.375%, 8/15/24 b		3,700,000		3,573
2.500%, 1/31/24		10,590,000		10,339
2.750%, 2/15/24 b		8,700,000		8,513
2.875%, 11/30/23 b		4,230,000		4,160
Venezuela Government International Bond
6.000%, 12/9/49 §,j		32,000		2
7.000%, 3/31/38 §,j		204,000		15
7.650%, 4/21/25 §,j		1,955,000		137
8.250%, 10/13/24 §,j		356,000		25
9.000%, 5/7/23 §,j		32,000		2
9.250%, 5/7/28 §,j		1,241,000		94
9.375%, 1/13/34 j		1,400,000		106
Total				152,070
Total Governments (Cost: $209,035)				152,070
Municipal Bonds (0.7%)
Municipal Bonds (0.7%)
American Municipal Power, Inc.
7.834%, 2/15/41 RB		100,000		123
Bay Area Toll Authority, California, Series 2010
6.918%, 4/1/40 RB		200,000		231
City of Riverside California Electric Revenue
7.605%, 10/1/40 RB		200,000		248
Golden State Tobacco Securitization Corp.
3.850%, 6/1/50 RB		3,030,000		2,628
Irvine Ranch California Water District
6.622%, 5/1/40 RB		100,000		113
Los Angeles County California Public Works Financing Authority
7.618%, 8/1/40 RB		200,000		249
Metropolitan Government of Nashville & Davidson County Tennessee
6.568%, 7/1/37 RB		100,000		115
Municipal Electric Authority of Georgia
6.655%, 4/1/57 RB		96,000		106
New York City Transitional Finance Authority
5.508%, 8/1/37 RB		300,000		306

Multi-Sector Bond Portfolio

Municipal Bonds (0.7%)	Shares/ Par +		Value $ (000’s)
Municipal Bonds continued
New York State Urban Development Corp. 5.770%, 3/15/39 RB		100,000		103
Port Authority of New York & New Jersey,
Series 165 5.647%, 11/1/40 RB		1,100,000		1,142
Port Authority of New York & New Jersey,
Series 168 4.926%, 10/1/51 RB		200,000		192
State of Illinois
6.630%, 2/1/35 GO		245,000		249
6.725%, 4/1/35 GO		95,000		98
7.350%, 7/1/35 GO		185,714		197
Triborough Bridge & Tunnel Authority
5.550%, 11/15/40 RB		800,000		816
Total Municipal Bonds (Cost: $6,883)				6,916
Structured Products (10.3%)
Asset Backed Securities (8.9%)
ABFC Trust, Series 2007-WMC1, Class A1A
4.334%, (ICE LIBOR USD 1 Month plus 1.250%), 6/25/37		8,567,385		6,249
Accredited Mortgage Loan Trust, Series 2005-3, Class M3
3.804%, (ICE LIBOR USD 1 Month plus 0.720%), 9/25/35		122,357		121
ACE Securities Corp. Home Equity Loan Trust, Series 2004-HE4, Class M1
3.984%, (ICE LIBOR USD 1 Month plus 0.900%), 12/25/34		55,676		50
ACE Securities Corp. Home Equity Loan Trust, Series 2004-RM2, Class M2
3.879%, (ICE LIBOR USD 1 Month plus 0.795%), 1/25/35		38,289		35
ACE Securities Corp. Home Equity Loan Trust, Series 2005-HE4, Class M4
4.059%, (ICE LIBOR USD 1 Month plus 0.975%), 7/25/35		17,844		18
ACE Securities Corp. Home Equity Loan Trust, Series 2006-FM1, Class A2C
3.384%, (ICE LIBOR USD 1 Month plus 0.300%), 7/25/36		7,163,267		2,043
Aegis Asset Backed Securities Trust, Series 2004-6, Class M2
4.084%, (ICE LIBOR USD 1 Month plus 1.000%), (AFC), 3/25/35		77,986		74
Ameriquest Mortgage Securities, Inc., Series 2004-R5, Class M1
3.954%, (ICE LIBOR USD 1 Month plus 0.870%), 7/25/34		10,531		10
Ares European CLO VI DAC, Series 2013-6A, Class ARR
0.610%, (Euribor 3 Month ACT/360 plus 0.610%), 4/15/30 144A EUR ∞		494,606		472
Ares European CLO, Series 10A, Class AR
0.780%, (Euribor 3 Month ACT/360 plus 0.780%), 10/15/31 144A EUR ∞		1,100,000		1,042

Structured Products (10.3%)	Shares/ Par +		Value $ (000’s)
Asset Backed Securities continued
Asset Backed Securities Corp. Home Equity Loan Trust, Series 2005-HE5, Class M4
3.984%, (ICE LIBOR USD 1 Month plus 0.900%), 6/25/35		94,793		94
Aurium CLO I DAC, Series 2019-1A, Class ARR
2.168%, (Euribor 3 Month ACT/360 plus 1.050%), 3/23/32 144A EUR ∞		250,000		236
Bain Capital Euro CLO, Series 2018-2A, Class AR
0.787%, (Euribor 3 Month ACT/360 plus 0.740%), 1/20/32 144A EUR ∞		300,000		284
Bear Stearns Asset Backed Securities I Trust, Series 2007-HE6, Class 1A1
4.334%, (ICE LIBOR USD 1 Month plus 1.250%), 8/25/37		60,047		59
Cairn CLO BV, Series 2014-A4, Class ARRR
0.838%, (Euribor 3 Month ACT/360 plus 0.600%), 4/30/31 144A EUR ∞		296,033		284
Cairn CLO X BV, Series 2018-10A, Class AR
0.780%, (Euribor 3 Month ACT/360 plus 0.780%), 10/15/31 144A EUR ∞		700,000		660
Carlyle Global Market Strategies Euro CLO, Series 2017-3A, Class A1R
0.700%, (Euribor 3 Month ACT/360 plus 0.700%), 1/15/31 144A EUR ∞		900,000		857
Carrington Mortgage Loan Trust, Series 2005-FRE1, Class M3
3.849%, (ICE LIBOR USD 1 Month plus 0.765%), 12/25/35		8,016,000		5,863
Citigroup Mortgage Loan Trust, Series 2007-AHL1, Class A2C
3.504%, (ICE LIBOR USD 1 Month plus 0.420%), 12/25/36		93,716		92
Countrywide Alternative Loan Trust, Series 2006-5, Class M1
3.609%, (ICE LIBOR USD 1 Month plus 0.525%), 8/25/36		1,500,000		1,433
Countrywide Asset-Backed Certificates, Series 2004-9, Class MV4
4.659%, (ICE LIBOR USD 1 Month plus 1.575%), 11/25/34		76,792		75
Countrywide Asset-Backed Certificates, Series 2005-4, Class AF6
4.740%, (AFC), 10/25/35		23		–	π
Countrywide Asset-Backed Certificates, Series 2005-AB4, Class 2A4
3.784%, (ICE LIBOR USD 1 Month plus 0.700%), 3/25/36		79,376		70
Countrywide Asset-Backed Certificates, Series 2006-1, Class AF5
4.461%, (AFC), 7/25/36 Σ		89,412		78
Countrywide Asset-Backed Certificates, Series 2006-26, Class 1A
3.224%, (ICE LIBOR USD 1 Month plus 0.140%), 6/25/37		376,519		342
Countrywide Asset-Backed Certificates, Series 2006-5, Class 2A3
3.664%, (ICE LIBOR USD 1 Month plus 0.580%), 8/25/36		5,523		6

Multi-Sector Bond Portfolio

Structured Products (10.3%)	Value Shares/ Par +     $ (000’s)
Asset Backed Securities continued
Countrywide Asset-Backed Certificates, Series 2006-BC3, Class M2
3.564%, (ICE LIBOR USD 1 Month plus 0.480%), 2/25/37		900,000	784
Countrywide Asset-Backed Certificates, Series 2007-1, Class 2A3
3.224%, (ICE LIBOR USD 1 Month plus 0.140%), 7/25/37		10,134	10
Countrywide Asset-Backed Certificates, Series 2007-13, Class 1A
3.924%, (ICE LIBOR USD 1 Month plus 0.840%), 10/25/47		1,204,604	1,162
Countrywide Asset-Backed Certificates, Series 2007-9, Class 1A
3.284%, (ICE LIBOR USD 1 Month plus 0.200%), 6/25/47		772,209	683
Countrywide Asset-Backed Certificates, Series 2007-SEA1, Class 1A1
4.184%, (ICE LIBOR USD 1 Month plus 1.100%), (AFC), 5/25/47 144A		1,105,361	840
Credit Suisse First Boston Mortgage Securities Corp., Series 2001-HE17, Class A1
3.394%, (ICE LIBOR USD 1 Month plus 0.620%), 1/25/32		2,372	2
CVC Cordatus Loan Fund XI DAC, Series 2011-A, Class AR
0.650%, (Euribor 3 Month ACT/360 plus 0.650%), 10/15/31 144A EUR ∞		800,000	756
Ellington Loan Acquisition Trust, Series 2007-2, Class A1
4.134%, (ICE LIBOR USD 1 Month plus 1.050%), 5/25/37 144A		197,301	191
Euro-Galaxy III CLO BV, Series 2013-3A, Class ARRR
0.765%, (Euribor 3 Month ACT/360 plus 0.620%), 4/24/34 144A EUR ∞		300,000	283
Fremont Home Loan Trust, Series 2005-2, Class M4
4.014%, (ICE LIBOR USD 1 Month plus 0.930%), 6/25/35		300,000	271
GSAA Home Equity Trust, Series 2006-17, Class A1
3.204%, (ICE LIBOR USD 1 Month plus 0.120%), 11/25/36		47,041	14
GSAMP Trust, Series 2004-WF, Class M2
4.734%, (ICE LIBOR USD 1 Month plus 1.650%), 10/25/34		13,657	13
GSAMP Trust, Series 2007-FM2, Class A2B
3.174%, (ICE LIBOR USD 1 Month plus 0.090%), 1/25/37		156,137	96
GSAMP Trust, Series 2007-NC1, Class A2A
3.134%, (ICE LIBOR USD 1 Month plus 0.050%), 12/25/46		12,467	6
Harvest CLO XX DAC, Series 2020-A, Class AR
0.727%, (Euribor 3 Month ACT/360 plus 0.680%), 10/20/31 144A EUR ∞		600,000	572
Home Equity Loan Trust, Series 2007-FRE1, Class 2AV4
3.424%, (ICE LIBOR USD 1 Month plus 0.340%), 4/25/37		500,000	434

Structured Products (10.3%)	Value Shares/ Par +     $ (000’s)
Asset Backed Securities continued
HSI Asset Securitization Corp. Trust, Series 2005-I1, Class 2A4
3.864%, (ICE LIBOR USD 1 Month plus 0.780%), 11/25/35		156,580	149
IndyMac Residential Asset Backed Trust, Series 2007-B, Class 2A2
3.244%, (ICE LIBOR USD 1 Month plus 0.160%), 7/25/37		324,509	190
Invesco Euro CLO III DAC, Series 3A, Class A
0.920%, (Euribor 3 Month ACT/360 plus 0.920%), 7/15/32 144A EUR ∞		500,000	469
JP Morgan Mortgage Acquisition Trust, Series 2007-CH3, Class M1
3.384%, (ICE LIBOR USD 1 Month plus 0.300%), 3/25/37		400,000	372
KKR Financial CLO, Ltd., Series 9, Class AR2
3.462%, (ICE LIBOR USD 3 Month plus 0.950%), 7/15/30 144A		2,200,000	2,169
Laurelin DAC, Series 2016-1A, Class ARR
0.767%, (Euribor 3 Month ACT/360 plus 0.720%), 10/20/31 144A EUR ∞		400,000	377
LCM XV LP, Series 2015-A, Class AR2
3.710%, (ICE LIBOR USD 3 Month plus 1.000%), 7/20/30 144A		1,800,000	1,766
Lehman XS Trust, Series 2005-4, Class 1A3
3.884%, (ICE LIBOR USD 1 Month plus 0.800%), 10/25/35		545	1
Long Beach Mortgage Loan Trust, Series 2006-1, Class 2A4
3.684%, (ICE LIBOR USD 1 Month plus 0.600%), 2/25/36		53,847	46
Long Beach Mortgage Loan Trust, Series 2006-3, Class 2A4
3.624%, (ICE LIBOR USD 1 Month plus 0.540%), 5/25/46		279,771	97
Long Beach Mortgage Loan Trust, Series 2006-4, Class 1A
3.384%, (ICE LIBOR USD 1 Month plus 0.300%), 5/25/36		1,048,826	618
Madison Park Euro Funding XIV DAC, Series 14A, Class A1R
0.800%, (Euribor 3 Month ACT/360 plus 0.800%), 7/15/32 144A EUR ∞		300,000	282
Man GLG EURO CLO III DAC, Series 3A, Class AR
0.680%, (Euribor 3 Month ACT/360 plus 0.680%), 10/15/30 144A EUR ∞		398,118	382
Man GLG Euro CLO, Series 2022-6A, Class AR
0.810%, (Euribor 3 Month ACT/360 plus 0.810%), 10/15/32 144A EUR ∞		299,905	287
Marathon CLO, Ltd., Series 2017-9A, Class A1AR
3.662%, (ICE LIBOR USD 3 Month plus 1.150%), 4/15/29 144A		1,227,604	1,217
Marble Point CLO X, Ltd., Series 2017-1A, Class AR
3.552%, (ICE LIBOR USD 3 Month plus 1.040%), 10/15/30 144A		5,200,000	5,106

Multi-Sector Bond Portfolio

Structured Products (10.3%)	Value Shares/ Par +     $ (000’s)
Asset Backed Securities continued
MASTR Asset Backed Securities Trust, Series 2004-OPT1, Class M1
3.864%, (ICE LIBOR USD 1 Month plus 0.780%), 2/25/34		748,627	699
MASTR Asset Backed Securities Trust, Series 2004-WMC2, Class M1
3.984%, (ICE LIBOR USD 1 Month plus 0.900%), 4/25/34		84,465	80
MASTR Asset Backed Securities Trust, Series 2006-FRE2, Class A1
3.384%, (ICE LIBOR USD 1 Month plus 0.300%), 3/25/36		9,053,619	8,050
MASTR Asset Backed Securities Trust, Series 2006-HE3, Class A2
3.284%, (ICE LIBOR USD 1 Month plus 0.200%), 8/25/36		2,005,764	633
MASTR Asset Backed Securities Trust, Series 2006-WMC4, Class A5
3.234%, (ICE LIBOR USD 1 Month plus 0.150%), 10/25/36		852,371	283
Merrill Lynch Mortgage Investors Trust, Series 2007-SD1, Class A1
3.534%, (ICE LIBOR USD 1 Month plus 0.450%), 2/25/47		737,852	451
MF1, Series 2022-FL8, Class A
3.634%, (US 30 Day Average SOFR plus 1.350%), 2/19/37 144A		1,000,000	967
Morgan Stanley ABS Capital I, Inc. Trust, Series 2005-HE5, Class M4
3.954%, (ICE LIBOR USD 1 Month plus 0.870%), 9/25/35		5,923,664	4,815
Morgan Stanley ABS Capital I, Inc. Trust, Series 2005-NC1, Class A2MZ
3.664%, (ICE LIBOR USD 1 Month plus 0.580%), 1/25/35		784,058	768
Morgan Stanley ABS Capital I, Inc. Trust, Series 2005-NC1, Class M2
3.789%, (ICE LIBOR USD 1 Month plus 0.705%), 1/25/35		162,120	150
Morgan Stanley ABS Capital I, Inc. Trust, Series 2005-WMC5, Class M5
4.074%, (ICE LIBOR USD 1 Month plus 0.990%), 6/25/35		137,101	135
Morgan Stanley ABS Capital I, Inc. Trust, Series 2006-HE7, Class A2C
3.404%, (ICE LIBOR USD 1 Month plus 0.320%), 9/25/36		60,287	27
Morgan Stanley ABS Capital I, Inc. Trust, Series 2006-HE8, Class A2C
3.224%, (ICE LIBOR USD 1 Month plus 0.140%), 10/25/36		55,318	27
Morgan Stanley ABS Capital I, Inc. Trust, Series 2007-HE5, Class A2C
3.334%, (ICE LIBOR USD 1 Month plus 0.250%), 3/25/37		55,056	25
Morgan Stanley Dean Witter Capital I, Inc., Series 2003-NC1, Class M1
4.659%, (ICE LIBOR USD 1 Month plus 1.575%), 11/25/32		11,243	11

Structured Products (10.3%)	Value Shares/ Par +     $ (000’s)
Asset Backed Securities continued
Morgan Stanley Dean Witter Capital I, Inc., Series 2003-NC2, Class M1
4.434%, (ICE LIBOR USD 1 Month plus 1.350%), 2/25/33		17,117	17
Morgan Stanley Home Equity Loan Trust, Series 2007-2, Class A3
3.314%, (ICE LIBOR USD 1 Month plus 0.230%), 4/25/37		3,034,199	1,713
NovaStar Mortgage Funding Trust, Series 2007-2, Class A2B
3.244%, (ICE LIBOR USD 1 Month plus 0.160%), (AFC), 9/25/37		159,429	157
Oak Hill Euro Credit Partners VII DAC, Series 2021-7A, Class AR
0.787%, (Euribor 3 Month ACT/360 plus 0.740%), 10/20/31 144A EUR ∞		1,200,000	1,136
Popular Mortgage Pass-Through Trust, Series 2006-A, Class M1
3.669%, (ICE LIBOR USD 1 Month plus 0.585%), (AFC), 2/25/36		47,071	47
RAAC Series, Series 2007-RP4, Class A
3.434%, (ICE LIBOR USD 1 Month plus 0.350%), (AFC), 11/25/46 144A		172,903	162
Renaissance Home Equity Loan Trust, Series 2006-4, Class AF6
5.340%, 1/25/37 Σ		1,515,379	561
Residential Asset Securities Corp., Series 2007-KS3, Class AI4
3.424%, (ICE LIBOR USD 1 Month plus 0.340%), (AFC), 4/25/37		1,399,141	1,323
Saranac CLO, Ltd., Series 2018-6A, Class A1R
4.385%, (ICE LIBOR USD 3 Month plus 1.140%), 8/13/31 144A		2,900,000	2,833
Saxon Asset Securities Trust, Series 2006-1, Class M1
3.549%, (ICE LIBOR USD 1 Month plus 0.465%), (AFC), 3/25/36		196,445	189
Sculptor CLO XXV, Ltd., Series 25A, Class A1
3.782%, (ICE LIBOR USD 3 Month plus 1.270%), 1/15/31 144A		2,100,000	2,054
Securitized Asset Backed Receivables LLC Trust, Series 2005-FR4, Class M2
4.044%, (ICE LIBOR USD 1 Month plus 0.960%), 1/25/36		36,012	34
Sound Point CLO XIV, Ltd., Series 2016-3A, Class AR2
3.773%, (ICE LIBOR USD 3 Month plus 0.990%), 1/23/29 144A		410,181	406
Sound Point CLO XIV, Ltd., Series 2017-2A, Class AR
3.763%, (ICE LIBOR USD 3 Month plus 0.980%), 7/25/30 144A		5,200,000	5,094
Soundview Home Loan Trust, Series 2006-2, Class M2
3.609%, (ICE LIBOR USD 1 Month plus 0.525%), 3/25/36		177,398	175
Soundview Home Loan Trust, Series 2006-OPT2, Class A4
3.644%, (ICE LIBOR USD 1 Month plus 0.560%), 5/25/36		119,115	116

Multi-Sector Bond Portfolio

Structured Products (10.3%)	Value Shares/ Par +     $ (000’s)
Asset Backed Securities continued
Soundview Home Loan Trust, Series 2006-OPT3, Class M1
3.549%, (ICE LIBOR USD 1 Month plus 0.465%), 6/25/36		6,656,834	5,593
Specialty Underwriting & Residential Finance Trust, Series 2005-BC2, Class M3
4.059%, (ICE LIBOR USD 1 Month plus 0.975%), 12/25/35		115,953	113
Structured Asset Investment Loan Trust, Series 2003-BC11, Class M1
4.059%, (ICE LIBOR USD 1 Month plus 0.975%), 10/25/33		14,831	15
Structured Asset Investment Loan Trust, Series 2005-7, Class M2
3.849%, (ICE LIBOR USD 1 Month plus 0.765%), 8/25/35		285,604	274
Structured Asset Investment Loan Trust, Series 2006-BNC3, Class A3
3.234%, (ICE LIBOR USD 1 Month plus 0.150%), 9/25/36		6,907	7
Structured Asset Securities Corp. Mortgage Loan Trust, Series 2006-BC4, Class A4
3.424%, (ICE LIBOR USD 1 Month plus 0.340%), 12/25/36		144,769	141
Structured Asset Securities Corp. Mortgage Loan Trust, Series 2007-WF1, Class A6
3.504%, (ICE LIBOR USD 1 Month plus 0.420%), 2/25/37		53,390	52
Toro European CLO 6 DAC, Series 6A, Class AR
0.920%, (Euribor 3 Month ACT/360 plus 0.920%), 1/12/32 144A EUR ∞		500,000	472
Toro European CLO, Series 7A , Class ARE
1.131%, (Euribor 3 Month ACT/360 plus 0.810%), 2/15/34 144A EUR ∞		250,000	234
Truman Capital Mortgage Loan Trust, Series 2006-1, Class A
3.344%, (ICE LIBOR USD 1 Month plus 0.260%), 3/25/36 144A		508,940	502
Venture CDO, Ltd., Series 2018-33A, Class A1LR
3.572%, (ICE LIBOR USD 3 Month plus 1.060%), 7/15/31 144A		1,000,000	978
Venture XIV CLO, Ltd., Series 2013-14A, Class ARR
4.073%, (ICE LIBOR USD 3 Month plus 1.030%), 8/28/29 144A		4,980,819	4,895
Venture XXV CLO, Ltd., Series 2016-25A, Class ARR
3.730%, (ICE LIBOR USD 3 Month plus 1.020%), 4/20/29 144A		2,556,716	2,535
Venture XXVIII CLO, Ltd., Series 2017-28A, Class A1R
3.700%, (ICE LIBOR USD 3 Month plus 0.990%), 7/20/30 144A		200,000	197
Vibrant CLO VII, Ltd., Series 2017-7A, Class A1R
3.750%, (ICE LIBOR USD 3 Month plus 1.040%), 9/15/30 144A		300,000	294

Structured Products (10.3%)	Value Shares/ Par +     $ (000’s)
Asset Backed Securities continued
WaMu Asset-Backed Certificates, Series 2007-HE1, Class 1A
3.234%, (ICE LIBOR USD 1 Month plus 0.150%), 1/25/37		109,133	94
Wellfleet CLO, Ltd., Series 2015-1A, Class AR4
3.600%, (ICE LIBOR USD 3 Month plus 0.890%), 7/20/29 144A		1,444,945	1,422
Wellfleet CLO, Ltd., Series 2017-1, Class 1A
3.600%, (ICE LIBOR USD 3 Month plus 0.890%), 4/20/29 144A		3,041,555	3,008
Total			94,156
Mortgage Securities (1.4%)
BAMLL Commercial Mortgage Securities Trust, Series 2020-BOC, Class A
2.627%, 1/15/32 144A		2,500,000	2,156
Banc of America Funding Trust, Series 2005-H, Class 5A1
2.245%, (CSTR), 11/20/35		75,066	66
Banc of America Funding Trust, Series 2006-J, Class 4A1
3.535%, (CSTR), 1/20/47		28,546	27
Banc of America Funding Trust, Series 2007-6, Class A1
3.374%, (ICE LIBOR USD 1 Month plus 0.290%), 7/25/37		40,776	38
BCAP LLC Trust, Series 2009-RR14, Class 2A2
3.280%, (CSTR), 7/26/36 144A		16,833	15
BCAP LLC Trust, Series 2009-RR5, Class 3A3
6.250%, (CSTR), 8/26/36 144A		2,080,302	1,035
Bear Stearns Adjustable Rate Mortgage Trust, Series 2004-3, Class 4A
3.819%, (CSTR), 7/25/34		1,132	1
Bear Stearns Adjustable Rate Mortgage Trust, Series 2007-4, Class 22A1
3.695%, (CSTR), 6/25/47		54,295	50
Bear Stearns ALT-A Trust, Series 2006-6, Class 2A1
3.532%, (CSTR), 11/25/36		125,781	64
Citicorp Mortgage Securities Trust, Series 2007-8, Class 1A3
6.000%, 9/25/37		1,713	2
Citigroup Mortgage Loan Trust, Series 2007-10, Class 22AA
3.878%, (CSTR), 9/25/37		6,600	6
Citigroup Mortgage Loan Trust, Series 2007-10, Class 2A3A
3.908%, (CSTR), 9/25/37		1,792	2
Citigroup Mortgage Loan Trust, Series 2007-AR4, Class 2A2A
3.220%, (CSTR), 3/25/37		293,371	250
Countrywide Alternative Loan Trust, Series 2004-28CB, Class 5A1
5.750%, 1/25/35		10,140	9
Countrywide Alternative Loan Trust, Series 2005-1CB, Class 2A1
6.000%, 3/25/35		265,792	135

Multi-Sector Bond Portfolio

Structured Products (10.3%)	Value Shares/ Par +     $ (000’s)
Mortgage Securities continued
Countrywide Alternative Loan Trust, Series 2005-59, Class 1A1
3.674%, (ICE LIBOR USD 1 Month plus 0.660%), 11/20/35		3,989	4
Countrywide Alternative Loan Trust, Series 2005-76, Class 1A1
2.584%, (Federal Reserve US 12 Month Cumulative Avg 1 year CMT plus 1.480%), 1/25/36		10,916	10
Countrywide Alternative Loan Trust, Series 2005-79CB, Class A3
5.500%, 1/25/36		110,898	69
Countrywide Alternative Loan Trust, Series 2005-J1, Class 1A8
5.500%, 2/25/35		94,785	89
Countrywide Alternative Loan Trust, Series 2005-J1, Class 3A1
6.500%, 8/25/32		834	1
Countrywide Alternative Loan Trust, Series 2005-J11, Class 1A13
5.500%, 11/25/35		150,038	92
Countrywide Alternative Loan Trust, Series 2006-45T1, Class 1A13
6.000%, 2/25/37		105,607	42
Countrywide Alternative Loan Trust, Series 2006-5T2, Class A1
3.584%, (ICE LIBOR USD 1 Month plus 0.500%), 4/25/36		355,598	135
Countrywide Alternative Loan Trust, Series 2006-HY10, Class 2A1
3.135%, (CSTR), 5/25/36		6,767	6
Countrywide Alternative Loan Trust, Series 2006-OA12, Class A1B
3.183%, (ICE LIBOR USD 1 Month plus 0.190%), 9/20/46		7,650	7
Countrywide Alternative Loan Trust, Series 2006-OA17, Class 1A1A
3.188%, (ICE LIBOR USD 1 Month plus 0.195%), 12/20/46		21,973	18
Countrywide Alternative Loan Trust, Series 2006-OA2, Class A1
3.413%, (ICE LIBOR USD 1 Month plus 0.420%), 5/20/46		294,206	246
Countrywide Alternative Loan Trust, Series 2006-OA9, Class 2A1A
3.203%, (ICE LIBOR USD 1 Month plus 0.210%), 7/20/46		6,955	5
Countrywide Alternative Loan Trust, Series 2007-9T1, Class 2A2
6.000%, 5/25/37		215,175	107
Countrywide Alternative Loan Trust, Series 2007-AL1, Class A1
3.334%, (ICE LIBOR USD 1 Month plus 0.250%), 6/25/37		3,527,717	2,836
Countrywide Alternative Loan Trust, Series 2007-OA3, Class 1A1
3.364%, (ICE LIBOR USD 1 Month plus 0.280%), 4/25/47		25,110	22
Countrywide Home Loan Mortgage Pass-Through Trust, Series 2005-22, Class 3A1
2.988%, (CSTR), 10/25/35		9,126	7

Structured Products (10.3%)	Value Shares/ Par +     $ (000’s)
Mortgage Securities continued
Countrywide Home Loan Mortgage Pass-Through Trust, Series 2005-HYB8, Class 1A1
3.273%, (CSTR), 12/20/35		1,328	1
Countrywide Home Loan Mortgage Pass-Through Trust, Series 2006-16, Class 2A1
6.500%, 11/25/36		14,287	6
Countrywide Home Loan Mortgage Pass-Through Trust, Series 2006-9, Class A1
6.000%, 5/25/36		98,662	50
Countrywide Home Loan Mortgage Pass-Through Trust, Series 2006-OA4, Class A1
2.064%, (Federal Reserve US 12 Month Cumulative Avg 1 year CMT plus 0.960%), 4/25/46		34,085	11
Countrywide Home Loan Mortgage Pass-Through Trust, Series 2006-OA4, Class A2
3.624%, (ICE LIBOR USD 1 Month plus 0.540%), 4/25/46		903,248	267
Countrywide Home Loan Mortgage Pass-Through Trust, Series 2007-HYB1, Class 3A1
3.227%, (CSTR), 3/25/37		5,182	5
Credit Suisse First Boston Mortgage Securities Corp., Series 2003-8, Class 5A1
6.500%, 4/25/33		318	–	π
Credit Suisse Mortgage Trust, Series 2014-6R, Class 3A2
3.624%, (CSTR), 9/27/35 144A		179,413	151
Deutsche ALT-A Securities, Inc. Mortgage Loan Trust, Series 2005-6, Class 2A3
5.500%, 12/25/35		311,839	265
EMF-NL BV, Series 2008-APRX, Class A2
0.802%, (Euribor 3 Month ACT/360 plus 0.800%), 4/17/41 EUR §,∞		79,354	75
Eurosail-NL BV, Series 2007-NL2X, Class A
1.502%, (Euribor 3 Month ACT/360 plus 1.500%), 10/17/40 EUR §,∞		31,000	30
Federal National Mortgage Association, Series 2003-W6, Class F
2.794%, (ICE LIBOR USD 1 Month plus 0.350%), 9/25/42		15,174	15
First Horizon Mortgage Pass-Through Trust, Series 2007-2, Class 1A5
5.750%, 5/25/37		161,579	75
Fontainebleau Miami Beach Trust, Series 2019-FBLU, Class A
3.144%, 12/10/36 144A		1,000,000	933
GSR Mortgage Loan Trust, Series 2005-AR6, Class 1A1
3.205%, (CSTR), 9/25/35		1,185	1
GSR Mortgage Loan Trust, Series 2006-2F, Class 3A6
6.000%, 2/25/36		72,697	36
GSR Mortgage Loan Trust, Series 2006-AR1, Class 2A1
2.889%, (CSTR), 1/25/36		1,003	1
GSR Mortgage Loan Trust, Series 2007-AR1, Class 2A1
3.035%, (CSTR), 3/25/47		6,753	5

Multi-Sector Bond Portfolio

Structured Products (10.3%)	Value Shares/ Par +     $ (000’s)
Mortgage Securities continued
HarborView Mortgage Loan Trust, Series 2005-10, Class 2A1A
3.613%, (ICE LIBOR USD 1 Month plus 0.620%), (AFC), 11/19/35		6,926	5
HarborView Mortgage Loan Trust, Series 2005-3, Class 2A1A
3.473%, (ICE LIBOR USD 1 Month plus 0.480%), (AFC), 6/19/35		10,123	10
HomeBanc Mortgage Trust, Series 2005-1, Class A1
3.584%, (ICE LIBOR USD 1 Month plus 0.500%), 3/25/35		3,282	3
HSI Asset Securitization Corp. Trust, Series 2006-NC1, Class 2A
3.524%, (ICE LIBOR USD 1 Month plus 0.440%), 11/25/35		821,990	757
IndyMac INDX Mortgage Loan Trust, Series 2004-AR6, Class 5A1
3.682%, (CSTR), 10/25/34		14,868	14
IndyMac INDX Mortgage Loan Trust, Series 2005-AR12, Class 2A1A
3.564%, (ICE LIBOR USD 1 Month plus 0.480%), (AFC), 7/25/35		1,245	1
IndyMac INDX Mortgage Loan Trust, Series 2005-AR14, Class 2A1A
3.684%, (ICE LIBOR USD 1 Month plus 0.600%), 7/25/35		8,219	7
JP Morgan Mortgage Trust, Series 2005-ALT1, Class 2A1
3.288%, (CSTR), 10/25/35		6,563	5
JP Morgan Mortgage Trust, Series 2007-A1, Class 6A1
3.201%, (CSTR), 7/25/35		4,389	4
JP Morgan Mortgage Trust, Series 2007-A4, Class 3A1
3.168%, (CSTR), 6/25/37		32,808	25
Luminent Mortgage Trust, 2006-6, Class A1
3.484%, (ICE LIBOR USD 1 Month plus 0.400%), 10/25/46		718,772	636
Merrill Lynch Mortgage Investors Trust, Series 2005-A9, Class 5A1
3.149%, (CSTR), 12/25/35		81,807	63
Merrill Lynch Mortgage Investors Trust, Series 2006-1, Class 1A
2.850%, (CSTR), 2/25/36		1,043	1
Merrill Lynch Mortgage Investors Trust, Series 2006-A3, Class 6A1
3.391%, (CSTR), 5/25/36		7,409	7
New Residential Mortgage Loan Trust, Series 2021-NQM1R, Class A3
1.198%, (AFC), 7/25/55 144A		848,773	739
Nomura Asset Acceptance Corp. Alternative Loan Trust, Series 2005-AR4, Class 3A1
3.416%, (CSTR), 8/25/35		1,328	1
Residential Accredit Loans, Inc., Series 2006-QA7, Class 1A1
3.464%, (ICE LIBOR USD 1 Month plus 0.380%), 8/25/36		4,354	4

Structured Products (10.3%)	Value Shares/ Par +     $ (000’s)
Mortgage Securities continued
Residential Accredit Loans, Inc., Series 2006-QA8, Class A1
3.464%, (ICE LIBOR USD 1 Month plus 0.380%), 9/25/36		12,937	12
Residential Accredit Loans, Inc., Series 2007-QA1, Class A1
3.364%, (ICE LIBOR USD 1 Month plus 0.280%), 1/25/37		4,782	5
Residential Asset Securitization Trust, Series 2007-A2, Class 2A2
6.500%, 4/25/37		3,287,679	990
Structured Adjustable Rate Mortgage Loan Trust, Series 2005-19XS, Class 1A1
3.404%, (ICE LIBOR USD 1 Month plus 0.320%), 10/25/35		35,052	32
Structured Asset Mortgage Investments II Trust, Series 2005-AR8, Class A2
1.567%, (Federal Reserve US 12 Month Cumulative Avg 1 year CMT plus 1.480%), 2/25/36		356,198	309
Structured Asset Mortgage Investments II Trust, Series 2006-AR6, Class 1A1
3.444%, (ICE LIBOR USD 1 Month plus 0.360%), (AFC), 7/25/46		152,977	128
Suntrust Alternative Loan Trust, Series 2005-1F, Class 1A1
3.734%, (ICE LIBOR USD 1 Month plus 0.650%), 12/25/35		6,516	6
Towd Point Mortgage Funding, Series 2019- GR4A, Class A1
2.733%, (SONIO/N plus 1.144%), 10/20/51 144A GBP ∞		1,366,496	1,521
WaMu Mortgage Pass-Through Certificates, Series 2002-AR19, Class A6
2.696%, (CSTR, AFC), 2/25/33		533	1
WaMu Mortgage Pass-Through Certificates, Series 2006-AR12, Class 3A3
3.607%, (CSTR), 10/25/36		15,543	14
WaMu Mortgage Pass-Through Certificates, Series 2006-AR2, Class 1A1
3.091%, (CSTR), 3/25/36		98,608	92
WaMu Mortgage Pass-Through Certificates, Series 2006-AR8, Class 2A1
3.682%, (CSTR), 8/25/36		6,382	6
WaMu Mortgage Pass-Through Certificates, Series 2007-HY1, Class 3A1
3.208%, (CSTR), 2/25/37		2,488	2
WaMu Mortgage Pass-Through Certificates, Series 2007-OA3, Class 4A2
1.804%, (Federal Reserve US 12 Month Cumulative Avg 1 year CMT plus 0.700%), 4/25/47		251,900	201
Wells Fargo Alternative Loan Trust, Series 2007-PA4, Class 2A1
3.589%, (CSTR), 7/25/37		25,650	23
Wells Fargo Mortgage Backed Securities Trust, Series 2006-AR5, Class 2A1
2.755%, (CSTR), 4/25/36		25,919	25

Multi-Sector Bond Portfolio

Structured Products (10.3%)	Shares/Par +		Value $ (000’s)
Mortgage Securities continued
Wells Fargo Mortgage Backed Securities Trust, Series 2007-AR8, Class A1 3.648%, (CSTR), 11/25/37		19,894		18
Total				15,146
Total Structured Products (Cost: $115,065)				109,302
Bank Loan Obligations (4.2%)
Bank Loan Obligations (4.2%)
Adient U.S. LLC, 6.907%, (ICE LIBOR USD 1 Month plus 3.250%), 4/10/28		6,616,250		6,232
Albion Acquisitions, Ltd., 5.211%, (Euribor 3 Month ACT/360 plus 5.250%), 8/17/26 EUR∞		1,400,000		1,275
Altice Financing SA, 6.407%, (ICE LIBOR USD 3 Month plus 2.750%), 1/31/26		1,163,359		1,086
Altice France SA, 6.407%, (ICE LIBOR USD 3 Month plus 2.750%), 7/31/25		192,875		175
AmSurg Corp., 8.157%, (CME Term SOFR 1 Month plus 4.500%), 4/30/28		325,171		298
Avolon TLB Borrower 1 LLC, 5.907%, (ICE LIBOR USD 1 Month plus 2.250%), 12/1/27		1,179,000		1,147
Casino Guichard Perrachon SA, 3.961%, (Euribor 3 Month ACT/360 plus 4.000%), 8/31/25 EUR∞		1,000,000		803
Charter Communications Operating LLC, 5.407%, (ICE LIBOR USD 1 Month plus 1.750%), 2/1/27		3,355,229		3,224
CommScope, Inc., 6.907%, (ICE LIBOR USD 3 Month plus 3.250%), 4/6/26		485,000		447
Connect Finco SARL, 7.157%, (ICE LIBOR USD 1 Month plus 3.500%), 12/11/26		1,170,000		1,086
Envision Healthcare Corp., 11.532%, (CME Term SOFR 1 Month plus 7.875%), 4/30/27		200,000		195
Grifols SA, 2.211%, (Euribor 3 Month ACT/360 plus 2.250%), 11/15/27 EUR∞		1,850,815		1,664
Hilton Worldwide Finance LLC, 5.407%, (ICE LIBOR USD 1 Month plus 1.750%), 6/22/26		1,120,295		1,082
INEOS Quattro Finance 2 PLC, 6.407%, (ICE LIBOR USD 1 Month plus 2.750%), 1/29/26		2,163,545		2,013
INEOS Quattro Holdings UK, Ltd., 2.711%, (Euribor 3 Month ACT/360 plus 2.750%), 1/29/26 EUR∞		1,100,000		954
Intelsat Jackson Holdings SA, 7.907%, (CME Term SOFR 1 Month plus 4.250%), 2/1/29		186,781		175
Lumen Technologies, Inc., 5.907%, (ICE LIBOR USD 1 Month plus 2.250%), 3/15/27		5,244,910		4,761
Setanta Aircraft Leasing DAC, 5.657%, (ICE LIBOR USD 3 Month plus 2.000%), 11/5/28		4,000,000		3,900
Sigma Bidco BV, 3.461%, (Euribor 3 Month plus 3.500%), 7/2/25 EUR∞		400,000		313
SOCAR Turkey Energy, Inc., 3.411%, (Euribor 3 Month ACT/360 plus 3.450%), 8/17/26 EUR∞		5,800,000		5,343
Standard Industries, Inc., 6.157%, (ICE LIBOR USD 6 Month plus 2.500%), 9/22/28		1,202,225		1,164
Summer BC Holdco B SARL, 8.157%, (ICE LIBOR USD 1 Month plus 4.500%), 12/4/26		990,000		926

Bank Loan Obligations (4.2%)	Shares/Par +		Value $ (000’s)
Bank Loan Obligations continued
WP/AP Telecom Holdings IV BV, 3.961%, (Euribor 3 Month ACT/360 plus 4.000%), 3/30/29 EUR∞		5,800,000		5,316
Ziggo Financing Partnership BV, 6.157%, (ICE LIBOR USD 1 Month plus 2.500%), 4/30/28		1,555,228		1,482
Total Bank Loan Obligations (Cost: $50,958)				45,061
Short-Term Investments (17.2%)
Governments (5.5%)
Federal Home Loan Bank
3.000%, (US SOFR plus 0.040%), 1/6/23		21,500,000		21,500
3.000%, (US SOFR plus 0.020%), 1/10/23		10,700,000		10,701
US Treasury 0.000%, 10/4/22		4,600,000		4,600
0.000%, 10/13/22		9,700,000		9,693
0.000%, 10/18/22		1,800,000		1,798
0.000%, 10/20/22		6,900,000		6,892
0.000%, 10/27/22		3,300,000		3,294
Total				58,478
Money Market Funds (0.5%)
State Street Institutional U.S. Government Money Market Fund - Premier Class 2.940%#		4,944,035		4,944
Total				4,944
Repurchase Agreements (11.2%)
Societe Generale repurchase (Purchased on 9/30/22, to be repurchased at $119,029,353, collateralized by US Treasury Notes, 2.375%, due 5/15/51 and 2.375%, due 6/30/26, total par and fair value of $139,944,000 and $120,268,767, respectively) 2.960%, 10/3/22		119,000,000		119,000
Total				119,000
Total Short-Term Investments (Cost: $182,420)				182,422
Total Investments (97.5%) (Cost: $1,278,603)@				1,033,825
Other Assets, Less Liabilities (2.5%)				26,177
Net Assets (100.0%)				1,060,002

Multi-Sector Bond Portfolio

Reverse Repurchase Agreements

Reference Entity

Counterparty

Interest Rate

Borrowing Date

Maturity Date

Currency

Amount Borrowed (000’s)

Payable for Reverse Repurchase Agreements (000s)

Abertis Infraestructuras SA

JP Morgan Chase Bank NA

(1.650)%

1/17/22

Open

EUR

(666

)

$

(652)

$

(652)

Exchange Traded or Centrally Cleared Derivatives

Futures

Issuer	Long/ Short		Currency		Notional Par (000’s)		Number of Contracts		Expiration Date		Notional Value (000’s)			Unrealized Appreciation/ (Depreciation) (000’s)			Variation Margin (000’s)
Five-Year US Treasury Note Future		Long		USD		37,400		374		12/22	$	40,208		$	(1,248	)	$	(99	)
Long Gilt Future		Short		GBP		3,200		32		12/22		(3,444	)		481			8
Ten-Year US Treasury Note Future		Long		USD		93,400		934		12/22		104,666			(5,227	)		(365	)
Two-Year US Treasury Note Future		Long		USD		26,000		130		12/22		26,701			(435	)		(19	)
Ultra Long Term US Treasury Bond Future		Long		USD		39,600		396		12/22		54,252			(5,128	)		(643	)
Ultra Ten-Year US Treasury Note Future		Long		USD		61,300		613		12/22		72,631			(2,911	)		(336	)
														$	(14,468	)	$	(1,454	)

Centrally Cleared Interest Rate Swaps - Receive Floating Rate

Floating Rate Index	Fixed Rate		Expiration Date		Notional Amount (000’s)		Currency		Upfront Premium Paid/ (Received) (000’s)		Unrealized Appreciation/ (Depreciation) (000’s)		Market Value (000’s)		Variation Margin(000’s)
1-Day JPY - MUTKCALM     Compounded-OIS		0.050%		12/31		14,000		JPY	$	3	$	1	$	4	$	–	π
1-Day JPY - MUTKCALM     Compounded-OIS		0.400%		6/32		2,140,000		JPY		81		85		166		(54	)
									$	84	$	86	$	170	$	(54	)

Centrally Cleared Interest Rate Swaps - Pay Floating Rate

Floating Rate Index	Fixed Rate		Expiration Date	Notional Amount (000’s)		Currency		Upfront Premium Paid/ (Received) (000’s)			Unrealized Appreciation/ (Depreciation) (000’s)			Market Value (000’s)			Variation Margin(000’s)
3-Month Canada Bankers     Acceptances		2.050%	11/23		33,800		CAD	$	(7	)	$	(556	)	$	(563	)	$	4
3-Month Canada Bankers     Acceptances		0.880%	3/24		12,600		CAD		–			(433	)		(433	)		4
3-Month Canada Bankers     Acceptances		2.500%	6/29		8,000		CAD		119			(525	)		(406	)		3
6-Month Euribor		1.500%	3/25		4,400		EUR		(73	)		(63	)		(136	)		4
6-Month Euribor		1.500%	3/28		2,200		EUR		(83	)		(78	)		(161	)		5
6-Month Euribor		1.750%	3/33		24,100		EUR		(2,864	)		(32	)		(2,896	)		63
SONIA Interest Rate		2.000%	3/33		3,100		GBP		(594	)		(52	)		(646	)		(12	)
SONIA Interest Rate		2.000%	3/53		1,400		GBP		(433	)		(7	)		(440	)		(6	)
								$	(3,935	)	$	(1,746	)	$	(5,681	)	$	65

Multi-Sector Bond Portfolio

Centrally Cleared Credit Default Swaps on Credit Indices - Sell Protection

Reference Entity	Receive Fixed Rate		Expiration Date		Implied Credit Spread		Notional Amount (000’s)		Currency		Upfront Premium Paid/ (Received) (000’s)			Unrealized Appreciation/ (Depreciation) (000’s)			Market Value(000’s)			Variation Margin(000’s)
Markit CDX Emerging     Markets Index,     Series 34		1.000%		12/25		3.786%		27,232		USD	$	(640	)	$	(1,926	)	$	(2,566	)	$	(19	)
Markit CDX Emerging     Markets Index,     Series 35		1.000%		6/26		2.962%		184		USD		(5	)		(12	)		(17	)		(2	)
Markit CDX Emerging     Markets Index,     Series 36		1.000%		12/26		3.054%		49,772		USD		(2,027	)		(2,662	)		(4,689	)		(234	)
Markit CDX Emerging     Markets Index,     Series 37		1.000%		6/27		3.275%		490		USD		(40	)		(11	)		(51	)		1
Markit CDX Emerging     Markets Index,     Series 38		1.000%		12/27		3.335%		18,400		USD		(1,521	)		(310	)		(1,831	)		(3	)
Markit CDX North America     High Yield Index,     Series 38		5.000%		6/27		5.624%		17,127		USD		(447	)		59			(388	)		(12	)
Markit CDX North America     High Yield Index,     Series 39		5.000%		12/27		6.065%		9,000		USD		(395	)		26			(369	)		(5	)
Markit CDX North America     Investment Grade Index,     Series 35		1.000%		12/25		0.744%		200		USD		3			(1	)		2			–π
Markit CDX North America     Investment Grade Index,     Series 36		1.000%		6/26		0.834%		800		USD		15			(10	)		5			1
Markit CDX North America     Investment Grade Index,     Series 37		1.000%		12/26		0.912%		900		USD		11			(8	)		3			1
Markit CDX North America     Investment Grade Index,     Series 38		1.000%		6/27		0.994%		42,900		USD		384			(373	)		11			12
Markit CDX North America     Investment Grade Index,     Series 39		1.000%		12/27		1.075%		42,100		USD		16			(161	)		(145	)		13
Markit itraxx Europe     Crossover Index,     Series 38		5.000%		12/27		6.393%		47,800		EUR		(1,809	)		(674	)		(2,483	)		385
											$	(6,455	)	$	(6,063	)	$	(12,518	)	$	138

Centrally Cleared Credit Default Swaps on Corporate or Sovereign Issues - Sell Protection

Reference Entity	Receive Fixed Rate		Expiration Date	Implied Credit Spread		Notional Amount (000’s)		Currency	Upfront Premium Paid/ (Received) (000’s)			Unrealized Appreciation/ (Depreciation) (000’s)			Market Value(000’s)			Variation Margin(000’s)
AT&T, Inc.		1.000%	6/24		1.172%		200	USD	$	–		$	(1	)	$	(1	)	$	–π
AT&T, Inc.		1.000%	6/25		1.223%		100	USD		(2	)		1			(1	)		–π
AT&T, Inc.		1.000%	6/26		1.284%		100	USD		1			(2	)		(1	)		–π
Casino Guichard     Perrachon SA		5.000%	12/22		34.312%		1,700	EUR		(9	)		(95	)		(104	)		–π
Casino Guichard     Perrachon SA		5.000%	6/23		37.261%		200	EUR		(31	)		(6	)		(37	)		–π
Casino Guichard     Perrachon SA		5.000%	6/23		37.261%		600	EUR		9			(120	)		(111	)		–π
Ford Motor Co.		5.000%	12/25		3.761%		400	USD		14			–			14			–π
Ford Motor Co.		5.000%	6/26		3.950%		1,000	USD		40			(7	)		33			1
Ford Motor Co.		5.000%	6/27		4.275%		900	USD		60			(35	)		25			1
Ford Motor Co.		5.000%	12/23		2.603%		200	USD		9			(3	)		6			–π

Multi-Sector Bond Portfolio

Centrally Cleared Credit Default Swaps on Corporate or Sovereign Issues - Sell Protection (continued)

Reference Entity	Receive Fixed Rate		Expiration Date		Implied Credit Spread		Notional Amount (000’s)		Currency		Upfront Premium Paid/ (Received) (000’s)			Unrealized Appreciation/ (Depreciation) (000’s)			Market Value(000’s)			Variation Margin(000’s)
Ford Motor Co.		5.000%		12/23		2.603%		700		USD	$	25		$	(5	)	$	20		$	–π
Ford Motor Co.		5.000%		6/27		4.269%		300		USD		27			(19	)		8			–π
General Electric Co.		1.000%		12/26		1.375%		400		USD		4			(10	)		(6	)		–π
General Electric Co.		1.000%		6/24		0.790%		900		USD		(3	)		6			3			–π
General Electric Co.		1.000%		6/26		1.259%		3,800		USD		31			(64	)		(33	)		3
Glencore Finance     Europe, Ltd.		5.000%		12/25		1.825%		2,700		EUR		418			(165	)		253			4
Glencore Finance     Europe, Ltd.		5.000%		12/27		2.451%		1,600		EUR		354			(172	)		182			4
Glencore Finance     Europe, Ltd.		5.000%		12/26		2.132%		700		EUR		129			(54	)		75			2
Marks & Spencer PLC		1.000%		12/24		2.957%		2,900		EUR		(61	)		(57	)		(118	)		(1)
Marks & Spencer PLC		1.000%		6/27		4.600%		100		EUR		(7	)		(7	)		(14	)		–π
Marks & Spencer PLC		1.000%		12/28		5.142%		500		EUR		(33	)		(63	)		(96	)		–π
Volkswagen International     Finance NV		1.000%		12/26		1.872%		3,100		EUR		53			(154	)		(101	)		2
											$	1,028		$	(1,032	)	$		(4)	$	16

	Financial Derivative Assets									Financial Derivative Liabilities
																Market Value
	Variation Margin (000’s)						Variation Margin (000’s)									(000’s)
	Swaps		Futures		Total		Swaps			Futures			Total			Options
Total Exchange-Traded or Centrally Cleared Derivatives	$	513	$	8	$	521	$	(348	)	$	(1,462	)	$	(1,810	)	$	–

Over the Counter Derivatives

Forward Foreign Currency Contracts

Type	Counterparty	Currency	Foreign Principal Amount Covered by Contract (000s)		USD Principal Amount Covered by Contract (000’s)		Settlement Date	Unrealized Appreciation (000’s)		Unrealized (Depreciation) (000’s)			Net Unrealized Appreciation/ (Depreciation) (000’s)
Sell	JP Morgan Chase Bank NA	AUD		1,066		682	10/4/22	$	59	$	—		$	59
Sell	UBS AG	AUD		1,475		943	10/4/22		68		—			68
Buy	JP Morgan Chase Bank NA	BRL		130		24	10/4/22		—		(1	)		(1	)
Buy	JP Morgan Chase Bank NA	BRL		130		24	1/4/23		—		(1	)		(1	)
Sell	JP Morgan Chase Bank NA	BRL		261		48	10/4/22		2		—			2
Sell	Barclays Bank PLC	CAD		801		580	10/4/22		28		—			28
Sell	JP Morgan Chase Bank NA	CAD		238		172	10/4/22		1		—			1
Buy	JP Morgan Chase Bank NA	CNH		9,761		1,367	10/17/22		—		(39	)		(39	)
Buy	UBS AG	CNH		8,342		1,169	10/17/22		—		(30	)		(30	)
Buy	BNP Paribas SA	CNH		18,099		2,551	5/10/23		—		(62	)		(62	)
Sell	BNP Paribas SA	CNH		18,224		2,553	10/17/22		60		—			60
Sell	HSBC Bank PLC	CNH		18,570		2,618	5/10/23		149		—			149
Buy	Bank of America NA	EUR		1,091		1,069	10/4/22		—		(33	)		(33	)
Buy	JP Morgan Chase Bank NA	EUR		5,303		5,197	10/4/22		—		(116	)		(116	)
Buy	UBS AG	EUR		193,879		190,012	10/4/22		2,114		—			2,114
Buy	JP Morgan Chase Bank NA	EUR		3,243		3,185	11/2/22		30		—			30
Sell	HSBC Bank PLC	EUR		197,303		193,367	10/4/22		3,898		—			3,898
Sell	JP Morgan Chase Bank NA	EUR		2,970		2,911	10/4/22		65		—			65
Sell	UBS AG	EUR		193,879		190,391	11/2/22		—		(2,113	)		(2,113	)
Buy	JP Morgan Chase Bank NA	GBP		31,843		35,554	10/4/22		1,555		(45	)		1,510
Sell	UBS AG	GBP		31,843		35,554	10/4/22		1,496		—			1,496
Sell	JP Morgan Chase Bank NA	GBP		30,698		34,297	11/2/22		—		(1,563	)		(1,563	)
Sell	JP Morgan Chase Bank NA	IDR		448,673		29	11/7/22		—π		—			—π
Sell	Bank of America NA	JPY		45,300		313	10/4/22		13		—			13

Multi-Sector Bond Portfolio

Forward Foreign Currency Contracts

(continued)

Type	Counterparty	Currency		Foreign Principal Amount Covered by Contract (000s)		USD Principal Amount Covered by Contract (000’s)		Settlement Date		Unrealized Appreciation (000’s)		Unrealized (Depreciation) (000’s)			Net Unrealized Appreciation/ (Depreciation) (000’s)
Buy	Goldman Sachs Bank USA		MXN		136,940		6,711		12/15/22	$	—	$	(30	)	$	(30)
Sell	BNP Paribas SA		MXN		4,920		243		10/27/22		—		(5	)		(5)
Sell	Royal Bank of Canada		MXN		129,854		6,380		12/1/22		—		(30	)		(30)
Buy	BNP Paribas SA		ZAR		94,864		5,236		10/14/22		—		(932	)		(932)
Buy	BNP Paribas SA		ZAR		506		28		11/8/22		—		(3	)		(3)
Sell	Barclays Bank PLC		ZAR		93,651		5,169		10/14/22		313		—			313
										$	9,851	$	(5,003	)	$	4,848

Credit Default Swaps on Corporate or Sovereign Issues - Sell Protection

Reference Entity	Counterparty	Receive Fixed Rate		Expiration Date	Implied Credit Spread	Currency	Notional Amount (000’s)		Upfront Premium Paid/ (Received) (000’s)			Unrealized Appreciation/ (Depreciation) (000’s)			Market Value (000’s)
Casino Guichard     Perrachon SA	JP Morgan Chase     Bank NA		5.000%	12/22	34.312%	EUR		100	$	1		$	(7	)	$	(6	)
Hochtief AG	JP Morgan Chase     Bank NA		5.000%	12/26	2.637%	EUR		1,000		193			(105	)		88
Hochtief AG	JP Morgan Chase     Bank NA		5.000%	12/26	2.637%	EUR		1,800		353			(195	)		158
Intrum AB	Barclays Bank PLC		5.000%	12/24	7.214%	EUR		100		4			(8	)		(4	)
Intrum AB	Goldman Sachs     International		5.000%	12/24	7.214%	EUR		200		9			(17	)		(8	)
Intrum AB	Goldman Sachs     International		5.000%	12/24	7.214%	EUR		200		7			(15	)		(8	)
Intrum AB	Goldman Sachs     International		5.000%	12/24	7.214%	EUR		200		8			(16	)		(8	)
Intrum AB	Goldman Sachs     International		5.000%	12/24	7.214%	EUR		300		14			(26	)		(12	)
Intrum AB	Goldman Sachs     International		5.000%	12/24	7.214%	EUR		300		15			(27	)		(12	)
Intrum AB	Goldman Sachs     International		5.000%	12/24	7.214%	EUR		400		20			(36	)		(16	)
Intrum AB	Goldman Sachs     International		5.000%	12/24	7.214%	EUR		400		20			(36	)		(16	)
Intrum AB	Goldman Sachs     International		5.000%	12/24	7.214%	EUR		500		18			(38	)		(20	)
Intrum AB	Goldman Sachs     International		5.000%	12/24	7.214%	EUR		600		25			(49	)		(24	)
Intrum AB	Goldman Sachs     International		5.000%	12/24	7.214%	EUR		600		29			(53	)		(24	)
Intrum AB	JP Morgan Chase     Bank NA		5.000%	12/24	7.214%	EUR		800		30			(62	)		(32	)
Intrum AB	Morgan Stanley Capital     Services LLC		5.000%	12/24	7.214%	EUR		100		4			(8	)		(4	)
Intrum AB	Morgan Stanley Capital     Services LLC		5.000%	12/24	7.214%	EUR		100		4			(8	)		(4	)
Intrum AB	Morgan Stanley Capital     Services LLC		5.000%	12/24	7.214%	EUR		200		10			(18	)		(8	)
Republic of Indonesia	Barclays Bank PLC		1.000%	6/31	2.064%	USD		5,700		(210	)		(198	)		(408	)
United Mexican States	Goldman Sachs     International		1.000%	12/27	1.946%	USD		100		(4	)		–			(4	)

Multi-Sector Bond Portfolio

Credit Default Swaps on Corporate or Sovereign Issues - Sell Protection (continued)

Reference Entity	Counterparty	Receive Fixed Rate		Expiration Date		Implied Credit Spread		Currency		Notional Amount (000’s)		Upfront Premium Paid/ (Received) (000’s)			Unrealized Appreciation/ (Depreciation) (000’s)			Market Value (000’s)
United Mexican States	Morgan Stanley Capital Services LLC		1.000%		12/26		1.663%		USD		300	$	–	π	$	(8	)	$	(8	)
United Mexican States	Morgan Stanley Capital Services LLC		1.000%		6/27		1.820%		USD		100		–	π		(3	)		(3	)
United Mexican States	Morgan Stanley Capital Services LLC		1.000%		12/27		1.946%		USD		300		(10	)		(3	)		(13	)
												$	540		$	(936	)	$	(396	)

	Financial Derivative Assets (000’s)						Financial Derivative Liabilities (000’s)
	Forward Foreign Currency Contracts		Swaps		Total		Forward Foreign Currency Contracts		Options	Swaps		Total
Total Over the Counter Derivatives		$        9,851		$        246		$    10,097		$              (5,003)	—		$        (642)		$        (5,645)

Restricted Securities

Description	Acquisition Date	Cost (000’s)		Value (000’s)		Value as a Percentage of Net Assets
Constellation Oil - Class B	6/10/22	$	12	$	12		–%π

+ All par is stated in U.S. Dollar unless otherwise noted.

* Non income producing

Æ Security valued using significant unobservable inputs.

d Restricted security – see accompanying table for additional details

144A Security exempt from registration under Rule 144A of the Securities Act of 1933. These securities may be resold as transactions exempt from registration, normally to qualified institutional buyers. At September 30, 2022 the value of these securities (in thousands) was $261,135 representing 24.7% of the net assets.

f Defaulted Security

∞ Foreign Bond — par value is foreign denominated.

§ Security was purchased pursuant to Regulation S under the Securities Act of 1933, which exempts from registration securities offered and sold outside of the United States. At September 30, 2022, the aggregate value of these securities was $215,762 (in thousands), representing 20.3% of net assets.

Þ PIK - Payment In Kind.

µ Perpetual maturity, date shown, if applicable, represents next contractual call date.

Σ Stepped coupon bond for which the coupon rate of interest adjusts on specified date(s); rate shown is effective rate at period-end.

b Part or all of the security has been pledged as collateral.

π Amount is less than one thousand.

# 7-Day yield as of 9/30/2022.

@ At September 30, 2022, the aggregate cost of investments, including derivatives, for federal tax purposes (in thousands) was $1,269,200 and the net unrealized depreciation of investments based on that cost was $264,088 which is comprised of $15,786 aggregate gross unrealized appreciation and $279,874 aggregate gross unrealized depreciation. Because tax adjustments are calculated annually, these amounts do not reflect tax adjustments. For the previous fiscal year’s federal income tax information, please refer to the Notes to the Financial Statements section in the Portfolio’s most recent annual report.

Multi-Sector Bond Portfolio

The Fair Value Measurements and Disclosures Topic of the FASB Accounting Standards Codification defines fair value as the price that a Fund would receive to sell an asset or pay to transfer a liability in an orderly transaction between market participants at the measurement date. It establishes and requires disclosure of a fair value hierarchy, separately for each major category of asset and liability, which segregates fair value measurements into levels. A summary of the fair value hierarchy is described below:

Level 1 - fair value is determined by unadjusted quoted prices in active markets for identical securities or derivatives

Level 2 - fair value is determined by other significant observable inputs

Level 3 - fair value is determined by significant unobservable inputs

The categorization of a value determined for a financial instrument within the hierarchy is based upon the pricing transparency of the instrument and does not necessarily correspond to the Portfolio’s perceived risk of that instrument.

The following is a summary of the inputs used in valuing the Portfolio’s Investments at September 30, 2022.

	Valuation Inputs
Description	Level 1 -  Quoted     Prices			Level 2 -  Other   Significant   Observable Inputs			Level 3 - Significant Unobservable Inputs
	(Amounts in thousands)
Assets:
Bank Loan Obligations	$	—		$	45,061		$	—
Common Stocks
Energy		674			—			12
All Others		—			—			259
Convertible Corporate Bonds		—			1,173			—
Municipal Bonds		—			6,916			—
Corporate Bonds
Communications		—			64,202			9
All Others		—			471,725			—
Governments		—			152,070			—
Structured Products		—			109,302			—
Short-Term Investments
Money Market Funds		4,944			—			—
All Others		—			177,478			—
Other Financial Instruments^
Futures		481			—			—
Forward Foreign Currency Contracts		—			9,851			—
Interest Rate Swaps		—			170			—
Credit Default Swaps		—			886			—
Total Assets:	$	6,099		$	1,038,834		$	280
Liabilities:
Other Financial Instruments^
Futures		(14,949	)		—			—
Forward Foreign Currency Contracts		—			(5,003	)		—
Interest Rate Swaps		—			(5,681	)		—
Credit Default Swaps		—			(13,804	)		—
Reverse Repurchase Agreements		—			(652	)		—
Total Liabilities:	$	(14,949	)	$	(25,140	)	$	—

^ Other financial instruments are derivative instruments such as futures and forward foreign currency contracts, which are valued at the unrealized appreciation (depreciation) on the instrument, and securities sold short, reverse repurchase agreements, written options and swaps contracts, which are valued at market value.

Management has determined that the amount of Level 3 securities compared to total net assets is not material; therefore, the reconciliation of Level 3 securities and assumptions is not shown for the period ended September 30, 2022.

Abbreviations

Abbreviations that may be used in the preceding statements

ADR	American Depositary Receipt
AFC	Available Funds Cap security - Security accrues interest at an assumed or uncapped rate. If the interest rate on the
	underlying loans is lower than the uncapped rate, then the security will pay at the lower rate.
CSTR	Collateral Strip Rate security - interest is based on the weighted net interest rate of the collateral.
EXE	Security receives collateral principal and interest paid which exceeds the amount of principal and income obligated to all bonds in the deal.
IO	Interest Only Security
PO	Principal Only Security
GDR	Global Depositary Receipt
GO	General Obligation
RB	Revenue Bond
CPURNSA	U.S. Consumer Price Index - All Urban Consumers - Not Seasonally Adjusted
LIBOR	London Interbank Offered Rate
SOFR	Secured Overnight Financing Rate
ICE	Intercontinental Exchange
SONIO	Sterling Overnight Interbank Average Rate
DAC	Designated Activity Company
TBA	To Be Announced
OIS	Overnight Index Swaps
DIFC	Dubai International Financial Centre
EURIBOR	Euro Interbank Offered Rate
SDR	Swedish Depository Receipt
ETF	Exchange Traded Fund
Currency Abbreviations
ARS	Argentine Peso
AUD	Australian Dollar
BRL	Brazilian Real
CAD	Canadian Dollar
CHF	Swiss Franc
CNH	Chinese Yuan Renminbi - Offshore
CNY	Chinese Yuan Renminbi
DKK	Danish Krone
EUR	Euro
GBP	British Pound
HKD	Hong Kong Dollar
IDR	Indonesian Rupiah
INR	Indian Rupee
JPY	Japanese Yen
KES	Kenyan Shilling
KRW	South Korean Won
MXN	Mexican New Peso
NOK	Norwegian Krone
NZD	New Zealand Dollar
PHP	Philippines Peso
RUB	Russian Ruble
SEK	Swedish Krona
THB	Thai Baht
TWD	Taiwan Dollar
USD	United States Dollar
ZAR	South African Rand