AES CORPORATION (THE)

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MULTI-MANAGER TOTAL RETURN BOND STRATEGIES FUND

Not FDIC or NCUA Insured • No Financial Institution Guarantee • May Lose Value

PORTFOLIO OF INVESTMENTS

Multi-Manager Total Return Bond Strategies Fund, November 30, 2023 (Unaudited)

(Percentages represent value of investments compared to net assets)

Investments in securities


Asset-Backed Securities — Non-Agency 11.0%

Issuer	Coupon Rate			Principal Amount ($)		Value ($)
AB BSL CLO 4 Ltd.^(a),(b)
Series 2023-4A Class A
3-month Term SOFR + 2.000%
Floor 2.000%
04/20/2036		7.367	%		2,350,000		2,351,669
Affirm Asset Securitization Trust^(a)
Series 2022-A Class A
05/17/2027		4.300	%		525,000		515,377
Series 2023-A Class A
01/18/2028		6.610	%		575,000		574,450
Series 2023-B Class A
09/15/2028		6.820	%		2,070,000		2,082,781
Series 2023-X1 Class A
11/15/2028		7.110	%		1,300,000		1,300,694
AGL CLO 11 Ltd.^(a),(b)
Series 2021-11A Class AJ
3-month Term SOFR + 1.612%
Floor 1.350%
04/15/2034		7.006	%		12,200,000		12,010,656
AGL CLO 12 Ltd.^(a),(b)
Series 2021-12A Class C
3-month Term SOFR + 2.112%
Floor 1.850%
07/20/2034		7.527	%		1,000,000		977,943
AGL CLO Ltd.^(a),(b)
Series 2021-13A Class A1
3-month Term SOFR + 1.422%
Floor 1.160%
10/20/2034		6.837	%		5,250,000		5,234,203
AIG CLO^(a),(b)
Series 2021-1A Class C
3-month Term SOFR + 2.012%
Floor 1.750%
04/22/2034		7.424	%		1,750,000		1,707,909
AIG CLO Ltd.^(a),(b)
Series 2019-2A Class AR
3-month Term SOFR + 1.362%
Floor 1.100%
10/25/2033		6.740	%		12,500,000		12,424,550
Series 2021-2A Class A
3-month Term SOFR + 1.432%
Floor 1.170%
07/20/2034		6.847	%		6,950,000		6,915,146
AIMCO CLO Ltd.^(a),(b)
Series 2020-11A Class AR
3-month Term SOFR + 1.392%
Floor 1.130%
10/17/2034		6.794	%		4,000,000		3,987,924


Asset-Backed Securities — Non-Agency (continued)

Issuer	Coupon Rate			Principal Amount ($)		Value ($)
Allegro CLO VII Ltd.^(a),(b)
Series 2018-1A Class A
3-month Term SOFR + 1.362%
Floor 1.100%
06/13/2031		6.756	%		7,134,946		7,110,951
American Credit Acceptance Receivables Trust^(a)
Subordinated Series 2020-4 Class C
12/14/2026		1.310	%		184,934		184,400
Subordinated Series 2022-4 Class C
02/15/2029		7.860	%		580,000		584,998
Subordinated Series 2023-3 Class C
10/12/2029		6.440	%		2,750,000		2,757,881
Subordinated Series 2023-4 Class B
02/14/2028		6.630	%		1,695,000		1,700,477
Americredit Automobile Receivables Trust
Subordinated Series 2022-1 Class B
04/19/2027		2.770	%		2,175,000		2,074,538
Subordinated Series 2023-1 Class B
03/20/2028		5.570	%		3,130,000		3,095,723
AmeriCredit Automobile Receivables Trust
Series 2020-1 Class D
12/18/2025		1.800	%		950,000		920,879
Series 2020-2 Class D
03/18/2026		2.130	%		500,000		478,942
Series 2021-2 Class B
01/19/2027		0.690	%		2,380,000		2,284,862
Series 2022-2 Class A3
04/18/2028		4.380	%		2,090,000		2,054,683
Series 2023-2 Class B
07/18/2029		5.840	%		4,505,000		4,517,885
Subordinated Series 2019-3 Class D
09/18/2025		2.580	%		1,450,000		1,432,526
Subordinated Series 2021-2 Class C
01/19/2027		1.010	%		2,905,000		2,696,447
Subordinated Series 2021-3 Class C
08/18/2027		1.410	%		3,080,000		2,819,345
AMMC CLO Ltd.^(a),(b)
Series 2023-26A Class A1
3-month Term SOFR + 1.950%
Floor 1.950%
04/15/2036		7.344	%		2,200,000		2,201,551
Anchorage Capital CLO Ltd.^(a),(b)
Series 2013-1A Class A1R
3-month Term SOFR + 1.512%
10/13/2030		6.905	%		3,422,187		3,419,398


2		Multi-Manager Total Return Bond Strategies Fund \| First Quarter Report 2023

PORTFOLIO OF INVESTMENTS (continued)

Multi-Manager Total Return Bond Strategies Fund, November 30, 2023 (Unaudited)


Asset-Backed Securities — Non-Agency (continued)

Issuer	Coupon Rate			Principal Amount ($)		Value ($)
Series 2016-8A Class AR2
3-month Term SOFR + 1.462%
Floor 1.200%
10/27/2034		6.849	%		11,500,000		11,434,668
Series 2021-21A Class B
3-month Term SOFR + 2.012%
Floor 1.750%
10/20/2034		7.427	%		10,000,000		9,902,830
Apidos CLO XXIV^(a),(b)
Series 2016-24A
3-month Term SOFR + 2.312%
Floor 2.050%
10/20/2030		7.727	%		2,900,000		2,856,662
Applebee’s Funding LLC/IHOP Funding LLC^(a)
Series 2019-1A Class AII
06/07/2049		4.723	%		495,000		465,479
Series 2023-1A Class A2
03/05/2053		7.824	%		2,750,000		2,745,421
Aqua Finance Trust^(a)
Series 2020-AA Class A
07/17/2046		1.900	%		449,594		417,933
Series 2021-A Class A
07/17/2046		1.540	%		1,633,002		1,438,121
Ares LXI CLO Ltd.^(a),(b)
Series 2021-61A Class A
3-month Term SOFR + 1.412%
Floor 1.150%
10/20/2034		6.827	%		6,718,000		6,697,463
ArrowMark Colorado Holdings^(a),(b)
Series 2017-6A Class A1
3-month Term SOFR + 1.542%
07/15/2029		6.936	%		762,903		761,296
Atlas Senior Loan Fund XXI Ltd.^(a),(b)
Series 2023-21A Class A1
3-month Term SOFR + 2.200%
Floor 2.200%
07/20/2035		7.526	%		7,500,000		7,532,310
Atmos Energy Corp.
11/15/2053		6.200	%		290,000		313,115
Avis Budget Rental Car Funding AESOP LLC^(a)
Series 2020-2A Class A
02/20/2027		2.020	%		1,600,000		1,476,277
Series 2023-3A Class A
02/22/2028		5.440	%		9,830,000		9,707,866
Bain Capital Credit CLO Ltd.^(a),(b)
Series 2019-3A Class AR
3-month Term SOFR + 1.422%
Floor 1.160%
10/21/2034		6.834	%		17,250,000		17,178,516


Asset-Backed Securities — Non-Agency (continued)

Issuer	Coupon Rate			Principal Amount ($)		Value ($)
Balboa Bay Loan Funding Ltd.^(a),(b)
Series 2020-1A Class AR
3-month Term SOFR + 1.382%
Floor 1.120%
01/20/2032		6.797	%		13,750,000		13,679,009
Barings CLO Ltd.^(a),(b)
Series 2020-2A Class AR
3-month Term SOFR + 1.272%
Floor 1.010%
10/15/2033		6.666	%		7,500,000		7,474,440
Series 2020-4A Class A
3-month Term SOFR + 1.482%
Floor 1.220%
01/20/2032		6.897	%		6,500,000		6,499,980
Battalion CLO XII Ltd.^(a),(b)
Series 2018-12A Class A1
3-month Term SOFR + 1.332%
Floor 1.070%
05/17/2031		6.701	%		2,883,943		2,875,236
Beacon Container Finance II LLC^(a)
Series 2021-1A Class A
10/22/2046		2.250	%		1,900,000		1,635,467
Benefit Street Partners CLO X Ltd.^(a),(b)
Series 2016-10A Class BRR
3-month Term SOFR + 2.412%
Floor 2.150%
04/20/2034		7.827	%		2,810,000		2,760,426
BHG Securitization Trust^(a)
Series 2022-C Class A
10/17/2035		5.320	%		462,772		458,960
BlueMountain CLO XXVIII Ltd.^(a),(b)
Series 2021-28A Class C
3-month Term SOFR + 2.262%
Floor 2.000%
04/15/2034		7.656	%		1,300,000		1,254,360
BlueMountain CLO XXXI Ltd.^(a),(b)
Series 2021-31A Class A2
3-month Term SOFR + 1.662%
Floor 1.400%
04/19/2034		7.058	%		3,600,000		3,552,037
BlueMountain Fuji US CLO II Ltd.^(a),(b)
Series 2017-2A Class A1AR
3-month Term SOFR + 1.262%
10/20/2030		6.677	%		10,181,894		10,169,228
BMW Vehicle Lease Trust
Series 2023-2 Class A4
02/25/2027		5.980	%		4,500,000		4,538,076
Bojangles Issuer LLC^(a)
Series 2020-1A Class A2
10/20/2050		3.832	%		1,572,000		1,439,257


Multi-Manager Total Return Bond Strategies Fund \| First Quarter Report 2023		3

PORTFOLIO OF INVESTMENTS (continued)

Multi-Manager Total Return Bond Strategies Fund, November 30, 2023 (Unaudited)


Asset-Backed Securities — Non-Agency (continued)

Issuer	Coupon Rate			Principal Amount ($)		Value ($)
Bridgecrest Lending Auto Securitization Trust
Series 2023-1 Class A3
11/15/2027		6.510	%		6,325,000		6,361,403
Canyon Capital CLO Ltd.^(a),(b)
Series 2019-1A Class A1R
3-month Term SOFR + 1.362%
Floor 1.100%
04/15/2032		6.756	%		17,500,000		17,450,160
CARDS II Trust^(a)
Subordinated Series 2021-1A Class B
04/15/2027		0.931	%		2,850,000		2,791,084
Carlyle Global Market Strategies CLO Ltd.^(a),(b)
Series 2013-3A Class A1AR
3-month Term SOFR + 1.362%
Floor 1.100%
10/15/2030		6.756	%		3,239,735		3,234,114
Series 2014-3RA Class A1A
3-month Term SOFR + 1.312%
07/27/2031		6.699	%		20,343,469		20,330,775
Carlyle US CLO Ltd.^(a),(b)
Series 2017-2A Class A2R
3-month Term SOFR + 1.862%
Floor 1.600%
07/20/2031		7.277	%		2,100,000		2,066,114
Series 2020-1A Class BR
3-month Term SOFR + 2.262%
Floor 2.000%
07/20/2034		7.677	%		1,250,000		1,222,345
Carmax Auto Owner Trust
Series 2023-2 Class A3
01/18/2028		5.050	%		3,835,000		3,805,173
Series 2023-3 Class A3
05/15/2028		5.280	%		1,165,000		1,165,376
Subordinated Series 2023-3 Class B
02/15/2029		5.470	%		3,040,000		3,022,670
CarNow Auto Receivables Trust^(a)
Series 2023-1A Class A
12/16/2024		6.620	%		18,886		18,888
Carvana Auto Receivables Trust
Series 2021-P4 Class A3
01/11/2027		1.310	%		4,586,614		4,414,899
Subordinated Series 2021-N4 Class C
09/11/2028		1.720	%		447,102		426,944
Carvana Auto Receivables Trust^(a)
Series 2023-N1 Class A
04/12/2027		6.360	%		2,296,688		2,297,820
Series 2023-P1 Class A3
12/10/2027		5.980	%		4,835,000		4,824,047
Series 2023-P4 Class A3
10/10/2028		6.160	%		2,800,000		2,817,200


Asset-Backed Securities — Non-Agency (continued)

Issuer	Coupon Rate			Principal Amount ($)		Value ($)
Chancelight, Inc.^(a),(b)
Series 2012-2 Class A
30-day Average SOFR + 0.844%
Floor 0.730%
04/25/2039		6.173	%		216,848		216,320
Chesapeake Funding II LLC^(a)
Series 2023-1A Class A1
05/15/2035		5.650	%		2,775,804		2,770,007
CIFC Funding IV Ltd.^(a),(b)
Series 2015-4A Class BR2
3-month Term SOFR + 2.162%
Floor 1.900%
04/20/2034		7.577	%		6,300,000		6,118,497
CIFC Funding Ltd.^(a),(b)
Series 2014-5A Class BR2
3-month Term SOFR + 2.062%
Floor 1.800%
10/17/2031		7.464	%		1,800,000		1,794,418
Series 2019-6A Class A2
3-month Term SOFR + 2.012%
Floor 1.750%
01/16/2033		7.406	%		2,000,000		2,002,874
CIT Education Loan Trust^(a),(b)
Series 2007-1 Class B
90-day Average SOFR + 0.562%
Floor 0.300%
06/25/2042		5.805	%		334,087		311,132
CLI Funding VIII LLC^(a)
Series 2022-1A Class A1
01/18/2047		2.720	%		2,534,400		2,169,684
Commonbond Student Loan Trust^(a)
Series 2018-CGS Class B
02/25/2046		4.250	%		121,812		113,855
Series 2019-AGS Class A1
01/25/2047		2.540	%		1,216,365		1,058,948
Series 2020-AGS Class A
08/25/2050		1.980	%		942,494		806,370
Credit Acceptance Auto Loan Trust^(a)
Series 2020-3A Class B
12/17/2029		1.770	%		1,456,342		1,449,676
Series 2022-3A Class A
10/15/2032		6.570	%		6,030,000		6,050,544
Series 2023-1A Class A
03/15/2033		6.480	%		4,080,000		4,089,779
Subordinated Series 2023-2A Class B
07/15/2033		6.610	%		1,215,000		1,203,102
Subordinated Series 2023-3A Class C
12/15/2033		7.620	%		695,000		692,407


4		Multi-Manager Total Return Bond Strategies Fund \| First Quarter Report 2023

PORTFOLIO OF INVESTMENTS (continued)

Multi-Manager Total Return Bond Strategies Fund, November 30, 2023 (Unaudited)


Asset-Backed Securities — Non-Agency (continued)

Issuer	Coupon Rate			Principal Amount ($)		Value ($)
Crown Point CLO Ltd.^(a),(b)
Series 2021-11A Class A
3-month Term SOFR + 1.382%
Floor 1.120%
01/17/2034		6.784	%		14,250,000		14,152,829
DataBank Issuer LLC^(a)
Series 2023-1 Class A2
02/25/2053		5.116	%		3,400,000		3,213,457
DB Master Finance LLC^(a)
Series 2017-1A Class A2II
11/20/2047		4.030	%		1,178,125		1,087,586
Series 2019-1A Class A23
05/20/2049		4.352	%		1,149,000		1,046,824
Series 2019-1A Class A2II
05/20/2049		4.021	%		622,375		588,866
Subordinated Series 2021-1A Class A23
11/20/2051		2.791	%		4,312,000		3,367,858
Dell Equipment Finance Trust^(a)
Series 2023-3 Class A3
04/23/2029		5.930	%		4,855,000		4,885,546
DLLMT LLC^(a)
Subordinated Series 2023-1A Class A3
03/22/2027		5.340	%		4,175,000		4,142,774
Domino’s Pizza Master Issuer LLC^(a)
Series 2018-1A Class A2I
07/25/2048		4.116	%		1,425,000		1,371,604
Series 2021-1A Class A2II
04/25/2051		3.151	%		3,120,000		2,552,552
Donlen Fleet Lease Funding 2 LLC^(a)
Series 2021-2 Class A2
12/11/2034		0.560	%		880,412		871,452
Drive Auto Receivables Trust
Subordinated Series 2021-3 Class B
05/15/2026		1.110	%		435,789		435,051
Driven Brands Funding LLC^(a)
Series 2019-1A Class A2
04/20/2049		4.641	%		1,714,500		1,624,671
Dryden 86 CLO Ltd.^(a),(b)
Series 2020-86A Class CR
3-month Term SOFR + 2.262%
Floor 2.000%, Cap 2.000%
07/17/2034		7.664	%		3,000,000		2,919,489
Dryden CLO Ltd.^(a),(b)
Series 2019-75A Class CR2
3-month Term SOFR + 2.062%
Floor 1.800%
04/15/2034		7.456	%		5,000,000		4,754,155
DT Auto Owner Trust^(a)
Series 2020-2A Class C
03/16/2026		3.280	%		95,832		95,669


Asset-Backed Securities — Non-Agency (continued)

Issuer	Coupon Rate			Principal Amount ($)		Value ($)
Subordinated Series 2021-4A Class C
09/15/2027		1.500	%		2,550,000		2,432,608
Subordinated Series 2022-2A Class B
01/15/2027		4.220	%		4,445,000		4,392,298
Subordinated Series 2022-3A Class B
07/17/2028		6.740	%		3,155,000		3,164,966
Subordinated Series 2023-2A Class B
02/15/2029		5.410	%		2,525,000		2,498,407
Eaton Vance CLO Ltd.^(a),(b)
Series 2019-1A Class AR
3-month Term SOFR + 1.362%
Floor 1.100%
04/15/2031		6.756	%		4,670,000		4,653,907
ELFI Graduate Loan Program LLC^(a)
Series 2019-A Class A
03/25/2044		2.540	%		670,460		599,776
Series 2023-A Class A
02/04/2048		6.370	%		4,586,137		4,616,746
ELFI Graduate Loan Program LLC^(a),(c)
Subordinated Series 2019-A Class B
03/25/2044		2.940	%		297,754		258,627
Ellington CLO II Ltd.^(a),(b)
Series 2017-2A Class A
3-month Term SOFR + 1.962%
Floor 1.700%
02/15/2029		7.341	%		2,152,047		2,150,328
Elmwood CLO II Ltd.^(a),(b)
Series 2019-2A Class AR
3-month Term SOFR + 1.412%
Floor 1.150%
04/20/2034		6.827	%		27,250,000		27,193,647
Enterprise Fleet Financing LLC^(a)
Series 2022-3 Class A2
07/20/2029		4.380	%		938,661		925,827
Series 2023-2 Class A2
04/22/2030		5.560	%		2,855,000		2,848,285
Exeter Automobile Receivables Trust
Subordinated Series 2020-3A Class D
07/15/2026		1.730	%		261,800		258,129
Subordinated Series 2021-4 Class B
05/15/2026		1.050	%		473,296		472,503
Subordinated Series 2023-1A Class B
04/15/2027		5.720	%		2,580,000		2,567,885
Subordinated Series 2023-2A Class B
09/15/2027		5.610	%		2,450,000		2,425,531
SubordinatedSeries 2022-5A Class B
03/15/2027		5.970	%		4,890,000		4,870,498


Multi-Manager Total Return Bond Strategies Fund \| First Quarter Report 2023		5

PORTFOLIO OF INVESTMENTS (continued)

Multi-Manager Total Return Bond Strategies Fund, November 30, 2023 (Unaudited)


Asset-Backed Securities — Non-Agency (continued)

Issuer	Coupon Rate			Principal Amount ($)		Value ($)
Flagship Credit Auto Trust^(a)
Series 2022-4 Class A3
06/15/2027		6.320	%		3,475,000		3,484,838
Subordinated Series 2020-4 Class C
02/16/2027		1.280	%		466,093		454,707
Subordinated Series 2021-2 Class B
06/15/2027		0.930	%		1,606,077		1,582,457
Subordinated Series 2023-2 Class C
05/15/2029		5.810	%		3,240,000		3,215,512
Flatiron CLO 21 Ltd.^(a),(b)
Series 2021-1A Class C
3-month Term SOFR + 2.112%
Floor 1.850%
07/19/2034		7.508	%		2,000,000		1,958,976
Ford Credit Auto Owner Trust^(a)
Series 2018-1 Class A
07/15/2031		3.190	%		7,110,000		6,907,032
Series 2021-1 Class A
10/17/2033		1.370	%		3,415,000		3,104,689
Series 2023-2 Class A
02/15/2036		5.280	%		7,005,000		6,997,244
Subordinated Series 2021-2 Class C
05/15/2034		2.110	%		3,900,000		3,432,750
Subordinated Series 2021-2 Class D
05/15/2034		2.600	%		2,300,000		2,006,558
Subordinated Series 2023-1 Class C
08/15/2035		5.580	%		3,900,000		3,719,201
Ford Credit Floorplan Master Owner Trust^(a)
Series 2023-1 Class A1
05/15/2028		4.920	%		2,165,000		2,132,121
Foursight Capital Automobile Receivables Trust^(a)
Series 2022-1 Class A3
12/15/2026		1.830	%		2,133,729		2,095,052
Series 2022-2 Class A3
06/15/2027		4.590	%		2,130,000		2,099,322
Frontier Issuer LLC^(a)
Series 2023-1 Class A2
08/20/2053		6.600	%		4,475,000		4,336,920
Galaxy XXII CLO Ltd.^(a),(b)
Series 2016-22A Class ARR
3-month Term SOFR + 1.462%
Floor 1.200%
04/16/2034		6.856	%		3,200,000		3,188,973
GECU Auto Receivables Trust^(a)
Series 2023-1A Class A3
08/15/2028		5.630	%		2,500,000		2,497,858
Global SC Finance II SRL^(a)
Series 2014-1A Class A2
07/17/2029		3.090	%		255,155		250,818


Asset-Backed Securities — Non-Agency (continued)

Issuer	Coupon Rate			Principal Amount ($)		Value ($)
GLS Auto Receivables Issuer Trust^(a)
Subordinated Series 2020-4A Class C
11/17/2025		1.140	%		150,863		150,395
Subordinated Series 2021-3A Class B
11/17/2025		0.780	%		238,069		237,676
Subordinated Series 2021-4A Class B
04/15/2026		1.530	%		4,144,480		4,102,136
GM Financial Automobile Leasing Trust
Series 2023-2 Class A3
07/20/2026		5.050	%		1,790,000		1,776,384
Subordinated Series 2022-3 Class C
08/20/2026		5.130	%		2,350,000		2,315,190
GM Financial Consumer Automobile Receivables Trust
Subordinated Series 2023-4 Class B
04/16/2029		6.160	%		2,800,000		2,833,360
Goal Capital Funding Trust^(b)
Series 2006-1 Class B
3-month Term SOFR + 0.712%
Floor 0.450%
08/25/2042		6.091	%		431,228		394,012
GoodLeap Sustainable Home Solutions Trust^(a)
Series 2021-3CS Class A
05/20/2048		2.100	%		2,787,179		2,066,780
Greenwood Park CLO Ltd.^(a),(b)
Series 2018-1A Class A2
3-month Term SOFR + 1.272%
Floor 1.010%
04/15/2031		6.666	%		14,783,358		14,760,296
Greywolf CLO III Ltd.^(a),(b)
Series 2020-3RA Class A1R
3-month Term SOFR + 1.550%
Floor 1.290%
04/15/2033		6.702	%		6,500,000		6,432,862
Greywolf CLO VII Ltd.^(a),(b)
Series 2018-2A Class A1
3-month Term SOFR + 1.440%
Floor 1.180%
10/20/2031		6.856	%		6,250,000		6,250,594
Helios Issuer LLC^(a)
Series 2020-AA Class A
06/20/2047		2.980	%		987,864		898,093
Henderson Receivables LLC^(a)
Series 2013-3A Class A
01/17/2073		4.080	%		1,416,805		1,253,059
Series 2014-2A Class A
01/17/2073		3.610	%		1,710,199		1,440,686
Hertz Vehicle Financing III LLC^(a)
Series 2023-3A Class A
02/25/2028		5.940	%		4,660,000		4,664,391


6		Multi-Manager Total Return Bond Strategies Fund \| First Quarter Report 2023

PORTFOLIO OF INVESTMENTS (continued)

Multi-Manager Total Return Bond Strategies Fund, November 30, 2023 (Unaudited)


Asset-Backed Securities — Non-Agency (continued)

Issuer	Coupon Rate			Principal Amount ($)		Value ($)
Hilton Grand Vacations Trust^(a)
Subordinated Series 2022-2A Class C
01/25/2037		5.570	%		212,047		204,122
HPS Loan Management Ltd.^(a),(b)
Series 2010-A16 Class A1RR
3-month Term SOFR + 1.402%
Floor 1.140%
04/20/2034		6.817	%		9,750,000		9,713,311
Series 2021-16A Class A1
3-month Term SOFR + 1.402%
Floor 1.140%
01/23/2035		6.814	%		7,300,000		7,253,587
Hyundai Auto Lease Securitization Trust^(a)
Series 2023-B Class A3
06/15/2026		5.150	%		2,390,000		2,375,659
ICG US CLO Ltd.^(a),(b)
Series 2014-3A Class A1RR
3-month Term SOFR + 1.292%
04/25/2031		6.670	%		5,527,311		5,516,472
JG Wentworth XLIII LLC^(a)
Series 2019-1A Class A
08/17/2071		3.820	%		936,651		785,953
JPMorgan Chase Bank NA^(a)
Series 2021-3 Class E
02/26/2029		2.102	%		235,202		227,472
Subordinated Series 2021-1 Class D
09/25/2028		1.174	%		141,002		138,183
Subordinated Series 2021-2 Class D
12/26/2028		1.138	%		346,231		336,533
Kayne CLO Ltd.^(a),(b)
Series 2019-6A Class A2
3-month Term SOFR + 2.112%
Floor 1.850%
01/20/2033		7.527	%		1,500,000		1,475,469
Kayne Ltd.^(a),(b)
Series 2018-1A Class CR
3-month Term SOFR + 2.012%
Floor 1.750%
07/15/2031		7.406	%		1,820,000		1,775,270
Series 2021-10A Class C
3-month Term SOFR + 2.012%
Floor 1.750%
04/23/2034		7.424	%		1,600,000		1,552,486
KKR CLO Ltd.^(a),(b)
Series 2032A Class A1
3-month Term SOFR + 1.582%
Floor 1.320%
01/15/2032		6.976	%		17,000,000		16,970,097
LAD Auto Receivables Trust^(a)
Subordinated Series 2023-4A Class B
10/16/2028		6.390	%		1,515,000		1,520,695


Asset-Backed Securities — Non-Agency (continued)

Issuer	Coupon Rate			Principal Amount ($)		Value ($)
Lending Funding Trust^(a)
Series 2020-2A Class A
04/21/2031		2.320	%		700,000		631,600
Lendmark Funding Trust^(a)
Series 2021-1A Class A
11/20/2031		1.900	%		5,000,000		4,397,171
Subordinated Series 2021-1A Class B
11/20/2031		2.470	%		200,000		167,501
Loanpal Solar Loan Ltd.^(a)
Series 2020-2GF Class A
07/20/2047		2.750	%		1,349,512		1,035,296
Logan CLO I Ltd.^(a),(b)
Series 2021-1A Class A
3-month Term SOFR + 1.422%
Floor 1.160%
07/20/2034		6.837	%		15,000,000		14,962,260
M&T Equipment Notes^(a)
Series 2023-1A Class A3
07/15/2030		5.740	%		2,115,000		2,111,449
Madison Park Funding LIX Ltd.^(a),(b)
Series 2021-59A Class A
3-month Term SOFR + 1.402%
Floor 1.140%
01/18/2034		6.797	%		12,500,000		12,479,275
Madison Park Funding XLVIII Ltd.^(a),(b)
Series 2021-48A Class A
3-month Term SOFR + 1.412%
Floor 1.150%
04/19/2033		6.808	%		6,500,000		6,490,458
Series 2021-48A Class C
3-month Term SOFR + 2.262%
Floor 2.000%
04/19/2033		7.658	%		1,520,000		1,505,560
Madison Park Funding XXI Ltd.^(a),(b)
Series 2016-21A Class AARR
3-month Term SOFR + 1.342%
Floor 1.080%
10/15/2032		6.736	%		17,000,000		16,951,482
Series 2016-21A Class ABRR
3-month Term SOFR + 1.662%
Floor 1.400%
10/15/2032		7.056	%		1,750,000		1,716,106
Madison Park Funding XXXVIII Ltd.^(a),(b)
Series 2021-38A Class A
3-month Term SOFR + 1.382%
Floor 1.120%
07/17/2034		6.784	%		15,000,000		14,839,155
Magnetite XVII Ltd.^(a),(b)
Series 2016-17A Class AR
3-month Term SOFR + 1.362%
07/20/2031		6.777	%		1,043,721		1,042,551


Multi-Manager Total Return Bond Strategies Fund \| First Quarter Report 2023		7

PORTFOLIO OF INVESTMENTS (continued)

Multi-Manager Total Return Bond Strategies Fund, November 30, 2023 (Unaudited)


Asset-Backed Securities — Non-Agency (continued)

Issuer	Coupon Rate			Principal Amount ($)		Value ($)
Marathon CLO Ltd.^(a),(b)
Series 2020-15A Class A1S
3-month Term SOFR + 1.962%
Floor 1.700%
11/15/2031		7.341	%		20,500,000		20,487,105
Mariner Finance Issuance Trust^(a)
Series 2020-AA Class A
08/21/2034		2.190	%		708,638		687,568
Marlette Funding Trust^(a)
Series 2021-1A Class C
06/16/2031		1.410	%		283,873		281,556
Series 2022-3A Class A
11/15/2032		5.180	%		2,295,153		2,289,982
Massachusetts Educational Financing Authority
Series 2018-A Class A
05/25/2033		3.850	%		1,233,623		1,193,966
Merchants Fleet Funding LLC^(a)
Series 2023-1A Class A
05/20/2036		7.210	%		5,015,000		5,034,998
Merlin Aviation Holdings DAC^(a)
Series 2016-1 Class A
12/15/2032		4.500	%		197,304		169,204
MF1 Ltd.^(a),(b)
Series 2021-FL6 Class D
1-month Term SOFR + 2.664%
Floor 2.550%
07/16/2036		7.994	%		7,000,000		6,561,571
MidOcean Credit CLO VIII^(a),(b)
Series 2018-8A Class B
3-month Term SOFR + 1.912%
02/20/2031		7.279	%		6,600,000		6,520,767
Mid-State Capital Corp. Trust^(a)
Series 2006-1 Class A
10/15/2040		5.787	%		512,289		498,063
Mill City Solar Loan Ltd.^(a)
Series 2019-1A Class A
03/20/2043		4.340	%		953,958		854,850
Series 2019-2GS Class A
07/20/2043		3.690	%		1,013,027		872,447
Mosaic Solar Loan Trust^(a)
Series 2018-1A Class A
06/22/2043		4.010	%		467,803		425,905
Series 2019-1A Class A
12/21/2043		4.370	%		962,199		880,884
Series 2020-2A Class A
08/20/2046		1.440	%		1,744,749		1,432,400
Series 2023-3A Class A
11/20/2053		5.910	%		2,667,395		2,604,271


Asset-Backed Securities — Non-Agency (continued)

Issuer	Coupon Rate			Principal Amount ($)		Value ($)
Series 2023-4A Class A
05/20/2053		6.400	%		4,279,770		4,265,417
Subordinated Series 2018-2GS Class B
02/22/2044		4.740	%		598,688		528,167
Subordinated Series 2020-2A Class B
08/20/2046		2.210	%		1,112,593		878,956
Subordinated Series 2021-2A Class B
04/22/2047		2.090	%		893,615		661,095
Mosaic Solar Loans LLC^(a)
Series 2017-2A Class A
06/22/2043		3.820	%		490,117		446,670
Navient Private Education Refi Loan Trust^(a)
Series 2020-BA Class A2
01/15/2069		2.120	%		1,008,595		919,157
Series 2020-DA Class A
05/15/2069		1.690	%		5,022,658		4,517,075
Series 2020-FA Class A
07/15/2069		1.220	%		658,954		588,085
Series 2020-GA Class A
09/16/2069		1.170	%		1,221,559		1,070,494
Series 2020-HA Class A
01/15/2069		1.310	%		582,334		528,741
Series 2021-A Class A
05/15/2069		0.840	%		649,916		560,795
Series 2021-BA Class A
07/15/2069		0.940	%		1,306,918		1,115,717
Navient Student Loan Trust^(b)
Series 2014-3 Class A
30-day Average SOFR + 0.734%
Floor 0.620%
03/25/2083		6.063	%		3,515,562		3,478,149
Series 2014-4 Class A
30-day Average SOFR + 0.734%
Floor 0.620%
03/25/2083		6.063	%		1,527,463		1,502,585
Navistar Financial Dealer Note Master Owner Trust II^(a)
Series 2023-1 Class A
08/25/2028		6.180	%		1,685,000		1,682,775
Nelnet Student Loan Trust^(a),(b)
Series 2006-1 Class A6
3-month Term SOFR + 0.712%
08/23/2036		6.090	%		4,628,759		4,533,438
Series 2014-4A Class A2
30-day Average SOFR + 1.064%
Floor 0.950%
11/25/2048		6.393	%		3,799,713		3,765,254


8		Multi-Manager Total Return Bond Strategies Fund \| First Quarter Report 2023

PORTFOLIO OF INVESTMENTS (continued)

Multi-Manager Total Return Bond Strategies Fund, November 30, 2023 (Unaudited)


Asset-Backed Securities — Non-Agency (continued)

Issuer	Coupon Rate			Principal Amount ($)		Value ($)
Neuberger Berman CLO XVII Ltd.^(a),(b)
Series 2014-17A Class CR2
3-month Term SOFR + 2.262%
Floor 2.000%
04/22/2029		7.674	%		2,000,000		1,967,230
Neuberger Berman Loan Advisers CLO Ltd.^(a),(b)
Series 2019-33A Class CR
3-month Term SOFR + 2.162%
Floor 1.900%
10/16/2033		7.556	%		2,000,000		1,962,608
Series 2021-40A Class C
3-month Term SOFR + 2.012%
Floor 1.750%
04/16/2033		7.406	%		4,650,000		4,546,575
New Economy Assets Phase 1 Sponsor LLC^(a)
Series 2021-1 Class A1
10/20/2061		1.910	%		5,030,000		4,346,334
Oaktree CLO Ltd.^(a),(b)
Series 2019-1A Class A1R
3-month Term SOFR + 1.372%
Floor 1.110%
04/22/2030		6.784	%		9,800,000		9,759,379
OCP CLO Ltd.^(a),(b)
Series 2020-18A Class CR
3-month Term SOFR + 2.212%
Floor 1.950%
07/20/2032		7.627	%		500,000		491,303
Octagon 61 Ltd.^(a),(b)
Series 2023-2A Class A
3-month Term SOFR + 1.850%
Floor 1.850%
04/20/2036		7.266	%		1,550,000		1,550,693
Octagon Investment Partners 27 Ltd.^(a),(b)
Series 2016-1A Class A2R
3-month Term SOFR + 1.612%
07/15/2030		7.006	%		6,925,000		6,821,388
Octagon Investment Partners 32 Ltd.^(a),(b)
Series 2017-1A Class A2R
3-month Term SOFR + 1.462%
Floor 1.200%
07/15/2029		6.856	%		7,400,000		7,320,450
Octagon Investment Partners 46 Ltd.^(a),(b)
Series 2020-2A Class AR
3-month Term SOFR + 1.422%
Floor 1.160%
07/15/2036		6.816	%		7,900,000		7,842,456
OHA Credit Funding Ltd.^(a),(b)
Series 2021-8A Class C
3-month Term SOFR + 2.162%
Floor 1.900%
01/18/2034		7.557	%		1,350,000		1,331,396


Asset-Backed Securities — Non-Agency (continued)

Issuer	Coupon Rate			Principal Amount ($)		Value ($)
OHA Credit Partners VII Ltd.^(a),(b)
Series 2012-7A Class CR3
3-month Term SOFR + 2.062%
Floor 1.800%
02/20/2034		7.429	%		5,000,000		4,893,710
OneMain Direct Auto Receivables Trust^(a)
Series 2019-1A Class A
09/14/2027		3.630	%		6,900,000		6,719,252
Subordinated Series 2019-1A Class B
11/14/2028		3.950	%		1,500,000		1,433,535
Subordinated Series 2019-1A Class D
04/14/2031		4.680	%		2,900,000		2,744,730
Subordinated Series 2021-1A Class C
07/14/2028		1.420	%		7,367,000		6,658,466
Subordinated Series 2021-1A Class D
11/14/2030		1.620	%		900,000		800,135
Subordinated Series 2023-1A Class C
02/14/2031		6.140	%		3,100,000		2,986,185
OneMain Financial Issuance Trust^(a)
Series 2020-2A Class A
09/14/2035		1.750	%		2,700,000		2,445,302
Series 2022-S1 Class A
05/14/2035		4.130	%		7,275,000		7,000,752
Subordinated Series 2022-2 Class D
10/14/2034		6.550	%		6,280,000		6,098,107
Subordinated Series 2023-1A Class D
06/14/2038		7.490	%		100,000		99,611
Subordinated Series 2023-2A Class C
09/15/2036		6.740	%		1,500,000		1,504,920
Subordinated Series 2023-2A Class D
09/15/2036		7.520	%		1,600,000		1,605,765
Oscar US Funding XII LLC^(a)
Series 2021-1A Class A4
04/10/2028		1.000	%		2,050,000		1,919,273
OZLM Funding IV Ltd.^(a),(b)
Series 2013-4A
3-month Term SOFR + 1.512%
Floor 1.250%
10/22/2030		6.924	%		8,100,977		8,079,882
Pagaya AI Debt Trust^(a)
Series 2022-1 Class A
10/15/2029		2.030	%		707,459		696,006
Palmer Square CLO Ltd.^(a),(b)
Series 2014-1A Class A1R2
3-month Term SOFR + 1.392%
Floor 1.130%
01/17/2031		6.794	%		5,191,385		5,187,637


Multi-Manager Total Return Bond Strategies Fund \| First Quarter Report 2023		9

PORTFOLIO OF INVESTMENTS (continued)

Multi-Manager Total Return Bond Strategies Fund, November 30, 2023 (Unaudited)


Asset-Backed Securities — Non-Agency (continued)

Issuer	Coupon Rate			Principal Amount ($)		Value ($)
Series 2020-3A Class BR
3-month Term SOFR + 2.212%
Floor 1.950%
11/15/2031		7.591	%		2,000,000		1,978,736
Park Avenue Institutional Advisers CLO Ltd.^(a),(b)
Series 2016-1R Class A1R
3-month Term SOFR + 1.462%
Floor 1.200%
08/23/2031		6.840	%		8,276,031		8,274,881
Series 2017-1A Class A1R
3-month Term SOFR + 1.502%
Floor 1.240%
02/14/2034		6.879	%		5,000,000		4,990,260
Series 2019-2A Class A1
3-month Term SOFR + 1.442%
Floor 1.180%
10/15/2034		6.836	%		15,000,000		14,960,175
Planet Fitness Master Issuer LLC^(a)
Series 2018-1A Class A2II
09/05/2048		4.666	%		3,828,500		3,704,161
Prestige Auto Receivables Trust^(a)
Subordinated Series 2021-1A Class C
02/15/2028		1.530	%		2,525,000		2,384,994
Subordinated Series 2023-1A Class C
02/15/2028		5.650	%		2,460,000		2,447,864
Primose Funding LLC^(a)
Series 2019-1A Class A2
07/30/2049		4.475	%		1,451,250		1,357,971
Regional Management Issuance Trust^(a)
Series 2022-1 Class A
03/15/2032		3.070	%		2,800,000		2,635,487
Rockford Tower CLO Ltd.^(a),(b)
Series 2021-1A Class B
3-month Term SOFR + 1.912%
Floor 1.650%
07/20/2034		7.327	%		7,900,000		7,750,635
Series 2021-3A Class B
3-month Term SOFR + 2.012%
Floor 1.750%
10/20/2034		7.427	%		10,000,000		9,819,570
Santander Bank Auto Credit-Linked Notes^(a)
Subordinated Series 2022-A Class C
05/15/2032		7.375	%		621,345		613,741
Santander Consumer Auto Receivables Trust^(a)
Series 2020-AA Class C
02/17/2026		3.710	%		7,631		7,624
Santander Drive Auto Receivables Trust
Series 2020-2 Class D
09/15/2026		2.220	%		307,004		302,659


Asset-Backed Securities — Non-Agency (continued)

Issuer	Coupon Rate			Principal Amount ($)		Value ($)
Subordinated Series 2020-3 Class D
11/16/2026		1.640	%		1,845,893		1,810,270
Subordinated Series 2020-4 Class D
01/15/2027		1.480	%		1,418,619		1,383,298
Subordinated Series 2022-3 Class B
08/16/2027		4.130	%		3,710,000		3,629,066
Subordinated Series 2022-4 Class B
11/15/2027		4.420	%		3,505,000		3,425,202
Subordinated Series 2022-5 Class B
03/15/2027		4.430	%		1,880,000		1,852,729
Subordinated Series 2023-1 Class C
05/15/2030		5.090	%		810,000		792,883
Subordinated Series 2023-3 Class C
11/15/2030		5.770	%		1,160,000		1,153,328
Subordinated Series 2023-4 Class B
12/15/2028		5.770	%		2,410,000		2,418,482
Subordinated Series 2023-5 Class B
12/17/2029		6.160	%		3,885,000		3,895,326
Subordinated Series 2023-6 Class C
03/17/2031		6.400	%		600,000		600,011
SCF Equipment Leasing LLC^(a)
Series 2022-1A Class A3
07/20/2029		2.920	%		2,440,000		2,369,907
Series 2023-1A Class A2
01/22/2030		6.560	%		2,625,000		2,630,915
SFS Auto Receivables Securitization Trust^(a)
Series 2023-1A Class A3
10/20/2028		5.470	%		2,915,000		2,896,831
Shackleton VR CLO Ltd.^(a),(b)
Series 2014-5RA Class A
3-month Term SOFR + 1.362%
Floor 1.100%
05/07/2031		6.742	%		10,462,319		10,380,472
Sixth Street CLO XVI Ltd.^(a),(b)
Series 2020-16A Class A1A
3-month Term SOFR + 1.582%
Floor 1.320%
10/20/2032		6.997	%		25,250,000		25,252,828
SLM Student Loan Trust^(b)
Series 2008-2 Class B
90-day Average SOFR + 1.462%
Floor 1.200%
01/25/2083		6.796	%		1,165,000		1,077,868
Series 2008-3 Class B
90-day Average SOFR + 1.462%
Floor 1.200%
04/26/2083		6.796	%		1,165,000		1,049,526


10		Multi-Manager Total Return Bond Strategies Fund \| First Quarter Report 2023

PORTFOLIO OF INVESTMENTS (continued)

Multi-Manager Total Return Bond Strategies Fund, November 30, 2023 (Unaudited)


Asset-Backed Securities — Non-Agency (continued)

Issuer	Coupon Rate			Principal Amount ($)		Value ($)
Series 2008-4 Class B
90-day Average SOFR + 2.112%
Floor 1.850%
04/25/2073		7.446	%		1,165,000		1,133,669
Series 2008-5 Class B
90-day Average SOFR + 2.112%
Floor 1.850%
07/25/2073		7.446	%		4,060,000		3,916,449
Series 2008-6 Class A4
90-day Average SOFR + 1.362%
Floor 1.100%
07/25/2024		6.696	%		3,144,589		3,093,749
Series 2008-6 Class B
90-day Average SOFR + 2.112%
Floor 1.850%
07/26/2083		7.446	%		1,165,000		1,073,256
Series 2008-7 Class B
90-day Average SOFR + 2.112%
Floor 1.850%
07/26/2083		7.446	%		1,165,000		1,070,675
Series 2012-2 Class A
30-day Average SOFR + 0.814%
Floor 0.700%
01/25/2029		6.143	%		3,991,171		3,793,140
Series 2012-7 Class A3
30-day Average SOFR + 0.764%
Floor 0.650%
05/26/2026		6.093	%		1,952,956		1,878,303
SMB Private Education Loan Trust^(a)
Series 2020-PTA Class A2A
09/15/2054		1.600	%		2,052,726		1,823,663
SoFi Professional Loan Program LLC^(a)
Series 2017-D Class A2FX
09/25/2040		2.650	%		179,589		172,280
Series 2018-A Class A2B
02/25/2042		2.950	%		50,561		49,131
Series 2019-A Class BFX
06/15/2048		4.110	%		2,500,000		2,203,456
Subordinated Series 2018-B Class BFX
08/25/2047		3.830	%		2,700,000		2,436,562
Subordinated Series 2019-B Class BFX
08/17/2048		3.730	%		2,500,000		2,151,922
SoFi Professional Loan Program Trust^(a)
Subordinated Series 2020-B Class BFX
05/15/2046		2.730	%		2,200,000		1,605,570
Sonic Capital LLC^(a)
Series 2020-1A Class A2I
01/20/2050		3.845	%		1,838,250		1,681,282


Asset-Backed Securities — Non-Agency (continued)

Issuer	Coupon Rate			Principal Amount ($)		Value ($)
Sound Point CLO II Ltd.^(a),(b)
Series 2013-1A Class A1R
3-month Term SOFR + 1.332%
Floor 1.070%
01/26/2031		6.711	%		5,238,719		5,222,474
Sunnova Helios XI Issuer LLC^(a)
Series 2023-A Class A
05/20/2050		5.300	%		4,631,952		4,447,473
Sunnova Sol II Issuer LLC^(a)
Series 2020-2A Class A
11/01/2055		2.730	%		2,748,271		2,198,817
Sunnova Sol III Issuer LLC^(a)
Series 2021-1 Class A
04/28/2056		2.580	%		2,313,261		1,826,921
Sunrun Athena Issuer LLC^(a)
Series 2018-1 Class A
04/30/2049		5.310	%		1,761,563		1,638,132
Sunrun Callisto Issuer LLC^(a)
Series 2019-1A Class A
06/30/2054		3.980	%		1,312,204		1,179,692
Sunrun Iris Issuer LLC^(a)
Series 2023-1A Class A
01/30/2059		5.750	%		1,736,260		1,661,137
Symphony CLO XVIII Ltd.^(a),(b)
Series 2016-18A Class A1RR
3-month Term SOFR + 1.362%
Floor 1.100%
07/23/2033		6.774	%		6,250,000		6,247,256
Taco Bell Funding LLC^(a)
Series 2021-1A Class A2I
08/25/2051		1.946	%		2,456,250		2,159,944
TCI-Flatiron CLO Ltd.^(a),(b)
Series 2018-1A Class CR
3-month Term SOFR + 2.012%
Floor 1.750%
01/29/2032		7.402	%		2,300,000		2,257,123
TCW CLO Ltd.^(a),(b)
Series 2017-1A Class A1RR
3-month Term SOFR + 1.442%
Floor 1.180%
10/29/2034		6.832	%		21,750,000		21,684,293
Series 2017-1A Class BRR
3-month Term SOFR + 1.962%
Floor 1.700%
10/29/2034		7.352	%		6,500,000		6,375,148
Series 2021-1A Class C
3-month Term SOFR + 2.162%
Floor 1.900%
03/18/2034		7.577	%		3,150,000		3,034,086


Multi-Manager Total Return Bond Strategies Fund \| First Quarter Report 2023		11

PORTFOLIO OF INVESTMENTS (continued)

Multi-Manager Total Return Bond Strategies Fund, November 30, 2023 (Unaudited)


Asset-Backed Securities — Non-Agency (continued)

Issuer	Coupon Rate			Principal Amount ($)		Value ($)
Telos CLO Ltd.^(a),(b)
Series 2013-4A Class AR
3-month Term SOFR + 1.502%
Floor 1.240%
01/17/2030		6.904	%		7,099,453		7,068,911
Texas Debt Capital CLO Ltd.^(a),(b)
Series 2023-1A Class A
3-month Term SOFR + 1.800%
Floor 1.800%
04/20/2036		7.216	%		4,050,000		4,056,152
Textainer Marine Containers VII Ltd.^(a)
Series 2021-2A Class A
04/20/2046		2.230	%		3,490,667		3,017,667
THL Credit Wind River CLO Ltd.^(a),(b)
Series 2019-1A Class AR
3-month Term SOFR + 1.422%
Floor 1.160%
07/20/2034		6.837	%		10,000,000		9,942,680
TIAA CLO I Ltd.^(a),(b)
Series 2016-1A Class AR
3-month Term SOFR + 1.462%
Floor 1.200%
07/20/2031		6.877	%		6,448,598		6,444,536
Tikehau US CLO IV Ltd.^(a),(b)
Series 2023-1A Class A1
3-month Term SOFR + 2.200%
Floor 2.200%
07/15/2034		7.466	%		28,000,000		28,352,156
Toyota Auto Loan Extended Note Trust^(a)
Series 2020-1A Class A
05/25/2033		1.350	%		1,405,000		1,319,908
Trafigura Securitisation Finance PLC^(a)
Subordinated Series 2021-1A Class B
01/15/2025		1.780	%		1,550,000		1,473,022
Tralee CLO VI Ltd.^(a),(b)
Series 2019-6A Class A1R
3-month Term SOFR + 1.432%
Floor 1.170%
10/25/2032		6.810	%		25,000,000		24,755,850
Tralee CLO VII Ltd^(a),(b)
Series 2021-7A Class A1
3-month Term SOFR + 1.582%
Floor 1.320%
04/25/2034		6.960	%		9,250,000		9,222,028
Trestles CLO V LTD.^(a),(b)
Series 2021-5A Class B1
3-month Term SOFR + 1.912%
Floor 1.650%
10/20/2034		7.327	%		6,800,000		6,585,134


Asset-Backed Securities — Non-Agency (continued)

Issuer	Coupon Rate			Principal Amount ($)		Value ($)
Trinitas CLO VII Ltd.^(a),(b)
Series 2017-7A Class A1R
3-month Term SOFR + 1.462%
Floor 1.200%
01/25/2035		6.840	%		4,000,000		3,941,652
Trinitas CLO XX Ltd.^(a),(b)
Series 2022-20A Class A1
3-month Term SOFR + 1.530%
Floor 1.530%
07/20/2035		6.946	%		13,250,000		13,226,309
Triton Container Finance VIII LLC^(a)
Series 2021-1A Class A
03/20/2046		1.860	%		2,474,667		2,102,536
United Auto Credit Securitization Trust^(a)
Subordinated Series 2022-2 Class C
05/10/2027		5.810	%		1,995,000		1,978,376
Upstart Securitization Trust^(a)
Series 2023-1 Class A
02/20/2033		6.590	%		990,171		988,218
Venture CLO Ltd.^(a),(b)
Series 2017-28AA Class A1R
3-month Term SOFR + 1.472%
Floor 1.210%
10/20/2034		6.887	%		12,500,000		12,376,587
Venture XXVII CLO Ltd.^(a),(b)
Series 2017-27A Class CR
3-month Term SOFR + 2.562%
07/20/2030		7.977	%		4,100,000		3,996,098
Voya CLO Ltd.^(a),(b)
Series 2013-1A Class A1AR
3-month Term SOFR + 1.472%
Floor 1.210%
10/15/2030		6.866	%		5,897,104		5,886,583
Series 2016-1A Class A1R
3-month Term SOFR + 1.332%
Floor 1.070%
01/20/2031		6.747	%		8,484,766		8,469,629
Wachovia Student Loan Trust^(a),(b)
Series 2006-1 Class A6
90-day Average SOFR + 0.432%
Floor 0.170%
04/25/2040		5.766	%		3,717,247		3,592,435
Wellfleet CLO Ltd.^(a),(b)
Series 2019-1A Class A1R
3-month Term SOFR + 1.382%
Floor 1.120%
07/20/2032		6.797	%		15,000,000		14,841,330
Wendy’s Funding LLC^(a)
Series 2018-1A Class A2II
03/15/2048		3.884	%		942,500		867,477


12		Multi-Manager Total Return Bond Strategies Fund \| First Quarter Report 2023

PORTFOLIO OF INVESTMENTS (continued)

Multi-Manager Total Return Bond Strategies Fund, November 30, 2023 (Unaudited)


Asset-Backed Securities — Non-Agency (continued)

Issuer	Coupon Rate			Principal Amount ($)		Value ($)
Series 2019-1A Class A2I
06/15/2049		3.783	%		3,113,625		2,942,008
Series 2021-1A Class A2II
06/15/2051		2.775	%		4,999,913		3,970,067
Westlake Automobile Receivables Trust^(a)
Series 2021-2A Class C
07/15/2026		0.890	%		1,650,000		1,612,546
Subordinated Series 2020-3A Class C
11/17/2025		1.240	%		25,135		25,073
Subordinated Series 2021-2A Class B
07/15/2026		0.620	%		372,198		371,501
Subordinated Series 2021-3 Class C
01/15/2027		1.580	%		6,225,000		5,990,562
Subordinated Series 2023-2A Class B
03/15/2028		6.140	%		3,550,000		3,545,624
Subordinated Series 2023-3A Class C
09/15/2028		6.020	%		4,530,000		4,490,002
Wheels Fleet Lease Funding 1 LLC^(a)
Series 2023-1A Class A
04/18/2038		5.800	%		5,360,000		5,347,667
Wind River CLO Ltd.^(a),(b)
Series 2016-1A Class A1R2
3-month Term SOFR + 1.472%
Floor 1.210%
10/15/2034		6.866	%		4,250,000		4,210,437
World Omni Automobile Lease Securitization Trust
Series 2023-A Class A3
09/15/2026		5.070	%		2,420,000		2,401,617
World Omni Select Auto Trust
Subordinated Series 2021-A Class B
08/16/2027		0.850	%		2,170,000		2,057,734
York CLO-4 Ltd.^(a),(b)
Series 2016-2A Class A1R
3-month Term SOFR + 1.352%
04/20/2032		6.767	%		10,109,645		10,095,441
Zais CLO 7 Ltd.^(a),(b)
Series 2017-2A Class A
3-month Term SOFR + 1.552%
04/15/2030		6.946	%		2,091,978		2,084,075
Zais CLO 9 Ltd.^(a),(b)
Series 2018-2A Class A
3-month Term SOFR + 1.462%
Floor 1.200%
07/20/2031		6.877	%		11,250,982		11,239,776


Asset-Backed Securities — Non-Agency (continued)

Issuer	Coupon Rate			Principal Amount ($)		Value ($)
Zaxby’s Funding LLC^(a)
Series 2021-1A Class A2
07/30/2051		3.238	%		5,522,875		4,631,308

Total Asset-Backed Securities — Non-Agency (Cost $1,342,779,413)							1,317,471,514


Commercial Mortgage-Backed Securities - Agency 0.8%

Federal Home Loan Mortgage Corp. Multifamily ML Certificates^(c),(d)
Series 2021-ML08 Class XUS
07/25/2037		1.869	%		7,688,397		1,004,123
Federal Home Loan Mortgage Corp. Multifamily Structured Pass-Through
Certificates^(c),(d)
CMO Series K055 Class X1
03/25/2026		1.471	%		1,955,815		48,827
CMO Series K057 Class X1
07/25/2026		1.296	%		2,309,946		54,040
CMO Series K059 Class X1
09/25/2026		0.420	%		6,898,039		46,075
CMO Series K060 Class X1
10/25/2026		0.185	%		25,102,033		51,632
CMO Series K152 Class X1
01/25/2031		1.100	%		3,973,693		193,794
Series 20K129 Class X1 (FHLMC)
05/25/2031		1.142	%		12,575,151		706,593
Series 20K141 Class X1 (FHLMC)
02/25/2032		0.407	%		7,248,448		155,041
Series 20K142 Class X1 (FHLMC)
12/25/2031		0.403	%		17,573,240		363,787
Series 20K143 Class X1 (FHLMC)
04/25/2055		0.450	%		7,940,189		192,128
Series 20K144 Class X1 (FHLMC)
04/25/2032		0.436	%		10,388,972		247,802
Series K069 Class X1
09/25/2027		0.471	%		36,005,656		421,979
Series K091 Class X1
03/25/2029		0.706	%		39,129,754		990,186
Series K095 Class X1
06/25/2029		1.084	%		74,828,716		3,131,208
Series K106 Class X1
01/25/2030		1.440	%		94,329,779		6,123,474
Series K131 Class X1 (FHLMC)
07/25/2031		0.830	%		12,789,919		559,742
Series K137 Class X1
11/25/2031		0.298	%		274,575,277		3,416,760
Series K145 Class X1
06/25/2055		0.430	%		4,656,654		107,877


Multi-Manager Total Return Bond Strategies Fund \| First Quarter Report 2023		13

PORTFOLIO OF INVESTMENTS (continued)

Multi-Manager Total Return Bond Strategies Fund, November 30, 2023 (Unaudited)


Commercial Mortgage-Backed Securities - Agency (continued)

Issuer	Coupon Rate			Principal Amount ($)		Value ($)
Series K146 Class X1
06/25/2032		0.352	%		15,763,781		286,693
Series K147 Class X1
06/25/2032		0.488	%		12,180,262		326,840
Series K149 Class X1 (FHLMC)
08/25/2032		0.403	%		20,959,947		446,709
Series K-150 Class X1 (FHLMC)
09/25/2032		0.446	%		26,967,656		661,015
Series K-1515 Class X1
02/25/2035		1.636	%		7,078,789		781,424
Series K-1516 Class X1
05/25/2035		1.629	%		14,619,126		1,711,444
Series K-1517 Class X1
07/25/2035		1.436	%		19,934,485		2,028,483
Series K1521 Class X1
08/25/2036		1.095	%		23,347,228		1,787,905
Series K728 Class X1
08/25/2024		0.507	%		222,103,765		602,234
Series K729 Class X1
10/25/2024		0.466	%		156,895,168		289,801
Series K735 Class X1
05/25/2026		1.095	%		12,533,515		232,279
Federal Home Loan Mortgage Corp. Multifamily Structured Pass-Through Certificates
Series K056 Class A2
05/25/2026		2.525	%		6,137,000		5,795,245
Series K074 Class A2
01/25/2028		3.600	%		8,660,000		8,250,993
Series K155 Class A3
04/25/2033		3.750	%		6,935,000		6,181,936
Federal Home Loan Mortgage Corp. Multifamily Structured Pass-Through Certificates^(c)
Series K157 Class A3
08/25/2033		3.990	%		6,145,000		5,521,189
Series Q006 Class APT1
07/25/2026		2.673	%		3,382,812		3,206,572
Federal National Mortgage Association
11/01/2031		3.400	%		1,500,000		1,319,797
02/01/2033		3.400	%		3,956,832		3,531,129
07/01/2033		3.670	%		8,000,000		7,192,084
03/01/2035		2.510	%		3,000,000		2,368,519
04/01/2040		2.455	%		3,495,000		2,394,481
Federal National Mortgage Association^(c),(d)
Series 2020-M43 Class X1
08/25/2034		2.024	%		34,010,681		2,999,334
Government National Mortgage Association^(c),(d)
CMO Series 2011-38 Class IO
04/16/2053		0.530	%		880,429		6,702
CMO Series 2013-162 Class IO
09/16/2046		0.057	%		16,211,375		17,492


Commercial Mortgage-Backed Securities - Agency (continued)

Issuer	Coupon Rate			Principal Amount ($)		Value ($)
CMO Series 2014-134 Class IA
01/16/2055		0.146	%		11,694,723		52,514
CMO Series 2015-101 Class IO
03/16/2052		0.278	%		2,873,172		28,796
CMO Series 2015-114
03/15/2057		0.354	%		1,271,167		18,232
CMO Series 2015-120 Class IO
03/16/2057		0.617	%		6,523,723		113,982
CMO Series 2015-125 Class IB
01/16/2055		0.946	%		7,004,278		157,288
CMO Series 2015-125 Class IO
07/16/2055		0.612	%		17,782,028		242,154
CMO Series 2015-146 Class IC
07/16/2055		0.194	%		5,425,888		30,836
CMO Series 2015-171 Class IO
11/16/2055		0.839	%		4,551,074		126,006
CMO Series 2015-174 Class IO
11/16/2055		0.415	%		5,673,461		106,572
CMO Series 2015-21 Class IO
07/16/2056		0.707	%		2,980,195		73,038
CMO Series 2015-29 Class EI
09/16/2049		0.697	%		4,740,717		70,582
CMO Series 2015-41 Class IO
09/16/2056		0.167	%		899,136		6,547
CMO Series 2015-6 Class IO
02/16/2051		0.473	%		2,002,205		21,040
CMO Series 2015-70 Class IO
12/16/2049		0.567	%		5,567,051		95,509
CMO Series 2016-39 Class IO
01/16/2056		0.682	%		3,526,771		92,776
CMO Series 2022-17 Class IO
06/16/2064		0.802	%		6,271,230		371,543
CMO Series 2022-4 Class IO
03/16/2064		0.860	%		15,437,778		983,586
CMO Series 2022-43 Class IO
09/16/2061		0.740	%		12,846,434		704,351
Series 2014-101 Class IO
04/16/2056		0.587	%		9,427,172		125,161
Series 2016-152 Class IO
08/15/2058		0.740	%		10,877,552		376,185
Series 2017-168 Class IO
12/16/2059		0.578	%		15,407,872		503,674
Series 2018-110 Class IA
11/16/2059		0.641	%		20,073,695		720,740
Series 2018-2 Class IO
12/16/2059		0.706	%		7,187,206		296,743


14		Multi-Manager Total Return Bond Strategies Fund \| First Quarter Report 2023

PORTFOLIO OF INVESTMENTS (continued)

Multi-Manager Total Return Bond Strategies Fund, November 30, 2023 (Unaudited)


Commercial Mortgage-Backed Securities - Agency (continued)

Issuer	Coupon Rate			Principal Amount ($)		Value ($)
Series 2020-108 Class IO
06/16/2062		0.847	%		8,846,486		503,713
Series 2021-106 Class IO
04/16/2063		0.859	%		9,467,633		608,182
Series 2021-132 Class BI
04/16/2063		0.923	%		12,112,756		800,462
Series 2021-133 Class IO
07/16/2063		0.880	%		11,923,069		776,969
Series 2021-144 Class IO
04/16/2063		0.825	%		11,975,068		711,142
Series 2021-145 Class IO
07/16/2061		0.771	%		2,522,179		134,895
Series 2021-151 Class IO
04/16/2063		0.917	%		10,701,126		731,783
Series 2021-163 Class IO
03/16/2064		0.801	%		11,173,650		667,169
Series 2021-186 Class IO
05/16/2063		0.764	%		12,474,259		690,534
Series 2021-52 Class IO
04/16/2063		0.720	%		10,424,635		557,181
Series 2022-132 Class IO
10/16/2064		0.538	%		10,948,831		503,570
Series 2022-166 Class IO
04/16/2065		0.792	%		12,882,060		737,785
Series 2022-92 Class EI
02/16/2064		0.809	%		11,157,289		661,328
Government National Mortgage Association^(b)
CMO Series 2013-H08 Class FA
1-month Term SOFR + 0.464%
Floor 0.350%, Cap 10.550%
03/20/2063		5.789	%		70,148		69,609

Total Commercial Mortgage-Backed Securities - Agency (Cost $120,305,294)							89,227,545


Commercial Mortgage-Backed Securities - Non-Agency 6.1%

Arbor Multifamily Mortgage Securities Trust^(a)
Series 2021-MF2 Class A4
06/15/2054		2.252	%		18,000,000		14,247,529
Arbor Realty Commercial Real Estate Notes Ltd.^(a),(b)
Series 2021-FL2 Class A
1-month Term SOFR + 1.214%
Floor 1.100%
05/15/2036		6.537	%		5,000,000		4,955,745
Series 2021-FL3 Class A
1-month Term SOFR + 1.184%
Floor 1.070%
08/15/2034		6.507	%		5,200,000		5,117,741


Commercial Mortgage-Backed Securities - Non-Agency (continued)

Issuer	Coupon Rate			Principal Amount ($)		Value ($)
Series 2021-FL4 Class A
1-month Term SOFR + 1.464%
Floor 1.350%
11/15/2036		6.787	%		5,000,000		4,917,590
Series 2021-FL4 Class D
1-month Term SOFR + 3.014%
Floor 2.900%
11/15/2036		8.337	%		3,250,000		3,091,036
AREIT LLC^(a),(b)
Series 2023-CRE8 Class A
1-month Term SOFR + 2.112%
Floor 2.112%
02/17/2028		7.442	%		3,000,000		2,996,584
AREIT Trust^(a),(b)
Series 2022-CRE6 Class A
30-day Average SOFR + 1.250%
Floor 1.250%
01/16/2037		6.575	%		1,269,586		1,253,018
BAMLL Commercial Mortgage Securities Trust^(a)
Series 2019-BPR Class AM
11/05/2032		3.287	%		6,325,000		5,792,651
Banc of America Merrill Lynch Commercial Mortgage, Inc.^(c),(d)
Series 2019-BN18 Class XA
05/15/2062		1.032	%		59,256,059		2,225,284
BANK^(c),(d)
Series 2017-BNK8 Class XA
11/15/2050		0.847	%		26,615,934		598,505
BANK^(c)
Series 2021-BN37 Class A5
11/15/2064		2.618	%		5,605,000		4,517,338
Series 2022-BNK40 Class A4
03/15/2064		3.507	%		2,945,000		2,517,575
BANK^(a)
Subordinated Series 2017-BNK6 Class D
07/15/2060		3.100	%		2,380,000		1,620,099
BANK5^(c)
Series 2023-5YR3 Class A3
09/15/2056		6.724	%		2,985,000		3,100,316
BANK5^(e)
Series 2023-5YR4 Class A3
12/15/2056		6.452	%		1,395,000		1,436,804
BBCMS Mortgage Trust^(a)
Series 2016-ETC Class A
08/14/2036		2.937	%		13,500,000		12,099,044
Subordinated Series 2016-ETC Class B
08/14/2036		3.189	%		900,000		775,026
Subordinated Series 2016-ETC Class C
08/14/2036		3.391	%		770,000		627,919


Multi-Manager Total Return Bond Strategies Fund \| First Quarter Report 2023		15

PORTFOLIO OF INVESTMENTS (continued)

Multi-Manager Total Return Bond Strategies Fund, November 30, 2023 (Unaudited)


Commercial Mortgage-Backed Securities - Non-Agency (continued)

Issuer	Coupon Rate			Principal Amount ($)		Value ($)
BBCMS Mortgage Trust^(c),(d)
Series 2018-C2 Class XA
12/15/2051		0.919	%		60,454,952		1,778,518
BBCMS Mortgage Trust^(a),(b)
Series 2020-BID Class A
1-month Term SOFR + 2.254%
Floor 2.140%
10/15/2037		7.577	%		3,850,000		3,733,723
BBCMS Mortgage Trust
Series 2021-C12 Class A5
11/15/2054		2.689	%		5,580,000		4,518,340
Series 2023-C20 Class A5
07/15/2056		5.576	%		2,100,000		2,092,764
BBCMS Mortgage Trust^(a),(c)
Subordinated Series 2016-ETC Class D
08/14/2036		3.729	%		2,790,000		2,177,823
BB-UBS Trust^(a)
Series 2012-TFT Class A
06/05/2030		2.892	%		2,197,161		1,933,502
BDS Ltd.^(a),(b)
Series 2021-FL8 Class B
1-month Term SOFR + 1.464%
Floor 1.350%
01/18/2036		6.796	%		1,000,000		987,134
Benchmark Mortgage Trust^(c),(d)
03/15/2053		1.536	%		25,275,230		1,280,698
Series 2019-B10 Class XA
03/15/2062		1.356	%		28,250,355		1,287,179
Series 2020-B20 Class XA
10/15/2053		1.725	%		14,431,334		962,957
Benchmark Mortgage Trust
Series 2021-B26 Class A4
06/15/2054		2.295	%		10,600,000		8,511,734
Series 2021-B31 Class A5
12/15/2054		2.669	%		4,440,000		3,569,732
Benchmark Mortgage Trust^(c)
Series 2023-V2 Class A3
05/15/2055		5.812	%		17,305,000		17,316,502
BIG Commercial Mortgage Trust^(a),(b)
Subordinated Series 2022-BIG Class C
1-month Term SOFR + 2.340%
Floor 2.340%
02/15/2039		7.663	%		420,000		401,643
BMD2 Re-Remic Trust^(a),(f)
Series 2019-FRR1 Class 3AB
05/25/2052		0.000	%		2,821,000		1,903,345
Subordinated Series 2019-FRR1 Class 2C
05/25/2052		0.000	%		14,258,000		12,468,765


Commercial Mortgage-Backed Securities - Non-Agency (continued)

Issuer	Coupon Rate			Principal Amount ($)		Value ($)
BOCA Commercial Mortgage Trust^(a),(b)
Series 2022-BOCA Class A
1-month Term SOFR + 1.770%
Floor 1.770%
05/15/2039		7.093	%		1,000,000		990,703
BPR Trust^(a),(b)
Series 2021-NRD Class A
1-month Term SOFR + 1.525%
Floor 1.525%
12/15/2023		6.848	%		3,045,000		2,949,049
Series 2022-OANA Class A
1-month Term SOFR + 1.898%
Floor 1.898%
04/15/2037		7.221	%		2,300,000		2,259,704
BPR Trust^(a),(c)
Series 2023-BRK2 Class A
11/05/2028		7.147	%		5,400,000		5,505,284
BX Commercial Mortgage Trust^(a),(b)
Series 2020-VKNG Class A
1-month Term SOFR + 1.044%
Floor 1.045%
10/15/2037		6.367	%		5,757,641		5,701,478
Series 2021-VOLT Class A
1-month Term SOFR + 0.814%
Floor 0.700%
09/15/2036		6.137	%		1,280,000		1,241,431
Series 2021-VOLT Class G
1-month Term SOFR + 2.964%
Floor 2.850%
09/15/2036		8.287	%		3,000,000		2,805,440
Series 2022-CSMO Class A
1-month Term SOFR + 2.115%
Floor 2.115%
06/15/2027		7.438	%		5,918,000		5,921,702
Series 2023-VLT2 Class A
1-month Term SOFR + 2.281%
Floor 2.281%
06/15/2040		7.604	%		5,500,000		5,493,595
Series 2023-VLT3 Class A
1-month Term SOFR + 1.940%
Floor 1.940%
11/15/2028		7.265	%		5,000,000		4,994,460
Subordinated Series 2021-21M Class E
1-month Term SOFR + 2.285%
Floor 2.171%
10/15/2036		7.608	%		1,925,000		1,838,018
Subordinated Series 2021-IRON Class E
1-month Term SOFR + 2.464%
Floor 2.350%
02/15/2038		7.787	%		3,000,000		2,805,116


16		Multi-Manager Total Return Bond Strategies Fund \| First Quarter Report 2023

PORTFOLIO OF INVESTMENTS (continued)

Multi-Manager Total Return Bond Strategies Fund, November 30, 2023 (Unaudited)


Commercial Mortgage-Backed Securities - Non-Agency (continued)

Issuer	Coupon Rate			Principal Amount ($)		Value ($)
Subordinated Series 2021-MFM1 Class D
1-month Term SOFR + 1.614%
Floor 1.500%
01/15/2034		6.937	%		383,131		372,292
Subordinated Series 2021-SOAR Class F
1-month Term SOFR + 2.464%
Floor 2.350%
06/15/2038		7.787	%		16,548,817		15,659,680
Subordinated Series 2022-CSMO Class B
1-month Term SOFR + 3.141%
Floor 3.141%
06/15/2027		8.464	%		3,490,000		3,482,388
BX Commercial Mortgage Trust^(a),(c)
Subordinated Series 2020-VIV3 Class B
03/09/2044		3.662	%		5,780,000		4,846,547
BX Trust^(a)
Series 2019-OC11 Class A
12/09/2041		3.202	%		1,115,000		955,308
BX Trust^(a),(b)
Series 2021-ARIA Class A
1-month Term SOFR + 1.014%
10/15/2036		6.337	%		5,618,000		5,456,452
Series 2021-LGCY Class D
1-month Term SOFR + 1.302%
Floor 1.302%
10/15/2036		6.740	%		590,000		563,593
Series 2023-DELC Class A
1-month Term SOFR + 2.690%
Floor 2.690%
05/15/2038		8.013	%		2,000,000		2,007,516
Subordinated Series 2022-LBA6 Class D
1-month Term SOFR + 2.000%
Floor 2.000%
01/15/2039		7.323	%		750,000		729,296
Subordinated Series 2022-VAMF Class E
1-month Term SOFR + 2.700%
Floor 2.700%
01/15/2039		8.023	%		5,000,000		4,647,729
BXHPP Trust^(a),(b)
Series 2021-FILM Class A
1-month Term SOFR + 0.764%
Floor 0.650%
08/15/2036		6.087	%		7,000,000		6,578,545
CAMB Commercial Mortgage Trust^(a)
Series 2021-CX2 Class A
11/10/2046		2.700	%		7,200,000		5,645,101
Cantor Commercial Real Estate Lending
Series 2019-CF1 Class A2
05/15/2052		3.623	%		4,050,000		3,803,936
Series 2019-CF3 Class A3
01/15/2053		2.752	%		16,100,000		13,506,005


Commercial Mortgage-Backed Securities - Non-Agency (continued)

Issuer	Coupon Rate			Principal Amount ($)		Value ($)
Cantor Commercial Real Estate Lending^(c),(d)
Series 2019-CF2 Class XA
11/15/2052		1.324	%		43,528,099		2,032,745
CD Mortgage Trust
Series 2016-CD1 Class A3
08/10/2049		2.459	%		14,750,906		13,604,578
Series 2017-CD6 Class A4
11/13/2050		3.190	%		20,000,000		18,365,936
CD Mortgage Trust^(c),(d)
Series 2019-CD8 Class XA
08/15/2057		1.541	%		46,534,964		2,713,510
CFCRE Commercial Mortgage Trust
Series 2016-C4 Class A4
05/10/2058		3.283	%		5,900,000		5,528,714
CFCRE Commercial Mortgage Trust^(c),(d)
Series 2016-C4 Class XA
05/10/2058		1.761	%		51,722,529		1,416,494
Citigroup Commercial Mortgage Trust
Series 2015-GC35 Class A3
11/10/2048		3.549	%		10,000,000		9,421,789
Series 2019-C7 Class A4
12/15/2072		3.102	%		3,985,000		3,453,520
Series 2019-GC43 Class A3
11/10/2052		2.782	%		10,000,000		8,411,932
Citigroup Commercial Mortgage Trust^(a),(b)
Series 2021-PRM2 Class F
1-month Term SOFR + 3.864%
Floor 3.750%
10/15/2036		9.187	%		1,500,000		1,432,238
Citigroup Commercial Mortgage Trust^(a),(c)
Subordinated Series 2016-C2 Class E
08/10/2049		4.538	%		2,420,000		1,549,269
Subordinated Series 2023-SMRT Class C
06/10/2028		6.048	%		1,000,000		958,719
COMM Mortgage Trust^(a),(c)
Subordinated Series 2013-CR10 Class E
08/10/2046		4.508	%		364,067		320,379
Subordinated Series 2020-CBM Class F
02/10/2037		3.754	%		2,513,000		2,276,250
Commercial Mortgage Pass-Through Certificates^(a)
Series 2012-LTRT Class A2
10/05/2030		3.400	%		3,162,474		2,712,326
Commercial Mortgage Pass-Through Certificates^(c)
Subordinated Series 2019-BN24 Class C
11/15/2062		3.635	%		1,000,000		687,822
Commercial Mortgage Trust
Series 2014-UBS2 Class A5
03/10/2047		3.961	%		552,214		550,609


Multi-Manager Total Return Bond Strategies Fund \| First Quarter Report 2023		17

PORTFOLIO OF INVESTMENTS (continued)

Multi-Manager Total Return Bond Strategies Fund, November 30, 2023 (Unaudited)


Commercial Mortgage-Backed Securities - Non-Agency (continued)

Issuer	Coupon Rate			Principal Amount ($)		Value ($)
Series 2014-UBS4 Class A5
08/10/2047		3.694	%		5,000,000		4,878,616
Series 2014-UBS6 Class A4
12/10/2047		3.378	%		2,693,446		2,632,756
Series 2015-DC1 Class A5
02/10/2048		3.350	%		790,000		760,482
Series 2015-LC19 Class A4
02/10/2048		3.183	%		835,000		793,239
Series 2015-PC1 Class A5
07/10/2050		3.902	%		2,755,000		2,662,313
Series 2016-COR1 Class A3
10/10/2049		2.826	%		8,410,989		7,840,782
Credit Suisse Mortgage Capital Certificates OA LLC^(a)
Series 2014-USA Class A2
09/15/2037		3.953	%		14,800,000		12,710,231
CSAIL Commercial Mortgage Trust
Series 2019-C18 Class A4
12/15/2052		2.968	%		3,345,000		2,836,362
CSAIL Commercial Mortgage Trust^(a)
Subordinated Series 2020-C19 Class E
03/15/2053		2.500	%		800,000		278,649
CSWF Trust^(a),(b)
Subordinated Series 2021-SOP2 Class E
1-month Term SOFR + 3.581%
Floor 3.367%
06/15/2034		8.904	%		16,000,000		11,668,237
DBGS Mortgage Trust^(a),(b)
Series 2018-BIOD Class E
1-month Term SOFR + 1.950%
Floor 1.700%
05/15/2035		7.273	%		2,741,288		2,638,499
Series 2018-BIOD Class F
1-month Term SOFR + 2.250%
Floor 2.000%
05/15/2035		7.573	%		10,782,400		10,457,882
DBJPM Mortgage Trust^(c),(d)
Series 2020-C9 Class XA
09/15/2053		1.823	%		46,178,381		2,636,476
DBUBS Mortgage Trust^(a)
Series 2017-BRBK Class A
10/10/2034		3.452	%		2,800,000		2,555,732
DBWF Mortgage Trust^(a),(c)
Series 2016-85T Class D
12/10/2036		3.935	%		2,000,000		1,390,994
Series 2016-85T Class E
12/10/2036		3.935	%		2,000,000		1,221,589
DC Commercial Mortgage Trust^(a)
Series 2023-DC Class A
09/12/2040		6.314	%		7,175,000		7,173,258


Commercial Mortgage-Backed Securities - Non-Agency (continued)

Issuer	Coupon Rate			Principal Amount ($)		Value ($)
Extended Stay America Trust^(a),(b)
Series 2021-ESH Class A
1-month Term SOFR + 1.194%
Floor 1.080%
07/15/2038		6.517	%		1,876,672		1,854,869
Series 2021-ESH Class E
1-month Term SOFR + 2.964%
Floor 2.850%
07/15/2038		8.287	%		2,815,008		2,753,453
FirstKey Homes Trust^(a)
Series 2020-SFR1 Class A
08/17/2037		1.339	%		6,152,886		5,682,700
Subordinated Series 2020-SFR2 Class E
10/19/2037		2.668	%		3,432,000		3,153,794
FS Rialto^(a),(b)
Series 2021-FL3 Class A
1-month Term SOFR + 1.364%
Floor 1.364%
11/16/2036		6.696	%		5,000,000		4,899,611
GAM Investments^(a),(g)
Subordinated Series 2021-F Class A
09/27/2051		0.000	%		2,186,000		1,936,387
Subordinated Series 2021-F Class D
09/27/2051		0.000	%		1,777,000		1,485,940
Subordinated Series 2021-F Class E
09/27/2051		0.000	%		1,798,000		1,609,500
Subordinated Series 2021-F Class G
09/27/2051		0.000	%		1,797,000		1,582,717
Subordinated Series 2021-F Class H
09/27/2051		0.000	%		1,510,000		913,574
GAM Investments^(a),(c)
Subordinated Series 2021-F Class C
09/27/2051		1.079	%		1,778,000		1,539,160
Subordinated Series 2021-F Class F
09/27/2051		2.410	%		2,364,000		1,742,127
GAM Re-REMIC Trust^(a),(g)
Series 2021-FRR1 Class 1B
07/28/2027		0.000	%		2,690,000		1,939,839
Series 2021-FRR1 Class 2B
12/29/2027		0.000	%		4,900,000		3,443,641
GAM Resecuritization Trust^(a),(c)
Series 2022-FRR3 Class BK71
01/29/2052		2.020	%		3,736,000		2,890,836
GAM Resecuritization Trust^(a),(g)
Series 2022-FRR3 Class D728
01/29/2052		0.000	%		1,446,000		1,315,038
Subordinated Series 2022-FRR3 Class BK89
01/29/2052		0.000	%		2,169,000		1,359,096


18		Multi-Manager Total Return Bond Strategies Fund \| First Quarter Report 2023

PORTFOLIO OF INVESTMENTS (continued)

Multi-Manager Total Return Bond Strategies Fund, November 30, 2023 (Unaudited)


Commercial Mortgage-Backed Securities - Non-Agency (continued)

Issuer	Coupon Rate			Principal Amount ($)		Value ($)
GAM Resecuritization Trust^(a),(f)
Subordinated Series 2022-FRR3 Class BK61
11/27/2049		0.000	%		2,543,000		1,889,349
Subordinated Series 2022-FRR3 Class C728
08/27/2050		0.000	%		1,446,000		1,333,832
Subordinated Series 2022-FRR3 Class CK47
05/27/2048		0.000	%		1,474,000		1,284,631
Subordinated Series 2022-FRR3 Class CK61
11/27/2049		0.000	%		1,784,000		1,259,423
Subordinated Series 2022-FRR3 Class DK41
10/27/2047		0.000	%		1,165,000		1,068,785
Subordinated Series 2022-FRR3 Class DK47
05/27/2048		0.000	%		1,473,000		1,251,956
Great Wolf Trust^(a),(b)
Subordinated Series 2019-WOLF Class D
1-month Term SOFR + 2.047%
Floor 1.933%
12/15/2036		7.151	%		5,335,000		5,269,791
Greystone Commercial Capital Trust^(a),(b)
Series 2021-3 Class A
1-month Term SOFR + 2.344%
Floor 2.230%
08/01/2024		7.674	%		8,500,000		8,418,658
Greystone CRE Notes Ltd.^(a),(b)
Series 2019-FL2 Class A
1-month Term SOFR + 1.364%
Floor 1.180%
09/15/2037		6.687	%		2,405,523		2,395,270
GS Mortgage Securities Corp II^(a),(c)
Series 2017-375H Class A
09/10/2037		3.591	%		5,000,000		4,339,239
GS Mortgage Securities Corp. II^(a)
Series 2012-BWTR Class A
11/05/2034		2.954	%		3,857,000		2,726,383
GS Mortgage Securities Corp. Trust^(a),(b)
Series 2021-ARDN Class A
1-month Term SOFR + 1.364%
Floor 1.250%
11/15/2036		6.687	%		3,000,000		2,905,845
GS Mortgage Securities Trust^(a),(c)
Series 2013-PEMB Class A
03/05/2033		3.668	%		1,890,000		1,417,758
GS Mortgage Securities Trust
Series 2016-GS2 Class A3
05/10/2049		2.791	%		4,386,124		4,078,506
Series 2017-GS7 Class A3
08/10/2050		3.167	%		10,000,000		9,177,425
Series 2017-GS8 Class A3
11/10/2050		3.205	%		20,000,000		18,250,768


Commercial Mortgage-Backed Securities - Non-Agency (continued)

Issuer	Coupon Rate			Principal Amount ($)		Value ($)
Series 2020-GC45 Class A5
02/13/2053		2.911	%		1,810,000		1,535,651
HGI CRE CLO Ltd.^(a),(b)
Series 2022-FL3 Class A
30-day Average SOFR + 1.700%
Floor 1.700%
04/20/2037		7.024	%		1,000,000		991,651
Hudson Yards Mortgage Trust^(a)
Series 2019-30HY Class A
07/10/2039		3.228	%		2,160,000		1,853,696
Hudsons Bay Simon JV Trust^(a)
Series 2015-HB10 Class A10
08/05/2034		4.155	%		1,820,000		1,581,655
Series 2015-HB7 Class A7
08/05/2034		3.914	%		2,520,000		2,220,979
IMT Trust^(a)
Series 2017-APTS Class AFX
06/15/2034		3.478	%		5,410,000		5,313,714
INTOWN Mortgage Trust^(a),(b)
Subordinated Series 2022-STAY Class D
1-month Term SOFR + 4.134%
Floor 4.134%
08/15/2037		9.457	%		2,500,000		2,498,429
JPMBB Commercial Mortgage Securities Trust
Series 2014-C26 Class A3
01/15/2048		3.231	%		253,774		248,781
Series 2015-C30 Class A5
07/15/2048		3.822	%		4,200,000		3,982,599
JPMBB Commercial Mortgage Securities Trust^(a),(c)
Subordinated Series 2014-C19 Class D
04/15/2047		4.827	%		874,000		804,158
JPMCC_17-JP6
Series 20 17-JP6 Class A5
07/15/2050		3.490	%		4,872,000		4,423,220
JPMDB Commercial Mortgage Securities Trust
Series 2016-C4 Class A2
12/15/2049		2.882	%		6,009,632		5,559,211
Series 2019-COR6 Class A3
11/13/2052		2.795	%		7,500,000		6,351,571
JPMorgan Chase Commercial Mortgage Securities Trust^(a)
Series 2018-WPT Class AFX
07/05/2033		4.248	%		13,000,000		11,312,632
Series 2019-OSB Class A
06/05/2039		3.397	%		2,110,000		1,824,062
JPMorgan Chase Commercial Mortgage Securities Trust^(a),(b)
Series 2021-HTL5 Class A
1-month Term SOFR + 1.229%
Floor 1.115%
11/15/2038		6.552	%		7,080,000		6,903,084


Multi-Manager Total Return Bond Strategies Fund \| First Quarter Report 2023		19

PORTFOLIO OF INVESTMENTS (continued)

Multi-Manager Total Return Bond Strategies Fund, November 30, 2023 (Unaudited)


Commercial Mortgage-Backed Securities - Non-Agency (continued)

Issuer	Coupon Rate			Principal Amount ($)		Value ($)
Series 2022-ACB Class E
30-day Average SOFR + 3.350%
Floor 3.350%
03/15/2039		8.674	%		6,450,000		6,125,595
Subordinated Series 2021-NYAH Class E
1-month Term SOFR + 1.954%
06/15/2038		7.277	%		600,000		481,999
Subordinated Series 2021-NYAH Class H
1-month Term SOFR + 3.504%
06/15/2038		8.827	%		3,500,000		2,292,384
KIND Trust^(a),(b)
Series 2021-KIND Class A
1-month Term SOFR + 1.064%
Floor 0.950%
08/15/2038		6.387	%		4,964,123		4,756,608
Ladder Capital Commercial Mortgage^(a)
Series 2017-LC26 Class A4
07/12/2050		3.551	%		4,500,000		4,148,046
LAQ Mortgage Trust^(a),(b)
Series 2023-LAQ Class A
1-month Term SOFR + 2.091%
Floor 2.091%
03/15/2036		7.414	%		2,335,126		2,308,317
Life Mortgage Trust^(a),(b)
Series 2022-BMR2 Class A1
1-month Term SOFR + 1.295%
Floor 1.295%
05/15/2039		6.618	%		5,000,000		4,890,689
Subordinated Series 2021-BMR Class F
1-month Term SOFR + 2.464%
Floor 2.350%
03/15/2038		7.787	%		5,168,457		4,858,350
LSTAR Commercial Mortgage Trust^(a)
Series 2017-5 Class A4
03/10/2050		3.390	%		800,000		772,532
LSTAR Commercial Mortgage Trust^(a),(c)
Subordinated Series 2016-4 Class F
03/10/2049		4.760	%		8,000,000		4,859,100
Med Trust^(a),(b)
Series 2021-MDLN Class A
1-month Term SOFR + 1.064%
Floor 0.950%
11/15/2038		6.387	%		10,230,900		9,980,493
MHP MHIL^(a),(b)
Subordinated Series 2022 Class E
30-day Average SOFR + 2.611%
Floor 2.611%
01/15/2027		7.934	%		2,734,842		2,577,673
MKT Mortgage Trust^(a)
Series 2020-525M Class A
02/12/2040		2.694	%		1,575,000		1,163,175


Commercial Mortgage-Backed Securities - Non-Agency (continued)

Issuer	Coupon Rate			Principal Amount ($)		Value ($)
Morgan Stanley Bank of America Merrill Lynch Trust
Series 2015-C21 Class A3
03/15/2048		3.077	%		441,584		426,583
Series 2016-C29 Class ASB
05/15/2049		3.140	%		475,364		459,645
Morgan Stanley Capital I Trust
Series 2016-UB11 Class A3
08/15/2049		2.531	%		8,300,158		7,635,643
Morgan Stanley Capital I Trust^(c),(d)
Series 2021-L5 Class XA
05/15/2054		1.414	%		13,538,292		828,101
MTN Commercial Mortgage Trust^(a),(b)
Series 2022-LPFL Class A
1-month Term SOFR + 1.397%
Floor 1.397%
03/15/2039		6.720	%		2,000,000		1,943,875
ORL Trust^(a),(b)
Series 2023-GLKS Class A
1-month Term SOFR + 2.350%
Floor 2.350%
10/15/2028		7.685	%		5,000,000		4,992,192
PFP Ltd.^(a),(b)
Series 2023-10 Class A
1-month Term SOFR + 2.365%
Floor 2.365%
09/16/2038		7.700	%		3,200,000		3,202,244
Progress Residential Trust^(a)
Subordinated Series 2021-SFR1 Class G
04/17/2038		3.861	%		3,830,000		3,372,376
RBS Commercial Funding, Inc., Trust^(a),(c)
Series 2013-GSP Class A
01/15/2032		3.961	%		1,180,000		1,171,315
RFM Re-REMIC Trust^(a),(g)
Series 2022-FRR1 Class AB55
03/28/2049		0.000	%		1,150,000		934,961
Series 2022-FRR1 Class CK55
03/28/2049		0.000	%		360,000		285,369
Series 2022-FRR1 Class CK60
11/08/2049		0.000	%		450,000		329,129
RFM Re-REMIC Trust^(a),(c)
Series 2022-FRR1 Class AB60
11/08/2049		2.470	%		970,000		798,336
Series 2022-FRR1 Class AB64
03/01/2050		2.314	%		1,460,000		1,195,762
SCOTT Trust^(a)
Series 2023-SFS Class A
03/15/2040		5.910	%		3,340,000		3,287,878
SG Commercial Mortgage Securities Trust
Series 2016-C5 Class A4
10/10/2048		3.055	%		5,120,000		4,695,751


20		Multi-Manager Total Return Bond Strategies Fund \| First Quarter Report 2023

PORTFOLIO OF INVESTMENTS (continued)

Multi-Manager Total Return Bond Strategies Fund, November 30, 2023 (Unaudited)


Commercial Mortgage-Backed Securities - Non-Agency (continued)

Issuer	Coupon Rate			Principal Amount ($)		Value ($)
SPGN TFLM Mortgage Trust^(a),(b)
Series 2022 Class A
1-month Term SOFR + 1.550%
Floor 1.550%
02/15/2039		6.873	%		5,670,000		5,464,577
SREIT Trust^(a),(b)
Subordinated Series 2021-PALM Class E
1-month Term SOFR + 2.024%
Floor 1.910%
10/15/2034		7.348	%		6,275,000		5,881,209
Starwood Retail Property Trust^(a),(b)
Series 2014-STAR Class A
Prime Rate + -0.882%
Floor 1.220%
11/15/2027		7.618	%		2,248,546		1,585,225
StorageMart Commercial Mortgage Trust^(a),(b)
Subordinated Series 2022-MINI Class C
1-month Term SOFR + 1.550%
Floor 1.550%
01/15/2039		6.873	%		1,350,000		1,295,795
THPT Mortgage Trust^(a),(c),(d)
Series 2023-THL Class A
12/10/2034		6.994	%		5,000,000		4,983,182
UBS Commercial Mortgage Trust
Series 2018-C10 Class A3
05/15/2051		4.048	%		5,468,366		5,097,388
Wells Fargo Commercial Mortgage Trust
Series 2015-LC20 Class A4
04/15/2050		2.925	%		1,965,000		1,897,594
Series 2015-SG1 Class A4
09/15/2048		3.789	%		9,036,083		8,669,346
Series 2017-C39 Class A4
09/15/2050		3.157	%		10,065,000		9,261,929
Series 2018-C45 Class A3
06/15/2051		3.920	%		15,968,202		14,680,981
Series 2021-C61 Class A4
11/15/2054		2.658	%		7,990,000		6,423,658
Wells Fargo Commercial Mortgage Trust^(c),(d)
Series 2021-C59 Class XA
04/15/2054		1.654	%		20,394,408		1,529,295
Series 2021-C60 Class XA
08/15/2054		1.651	%		4,075,525		310,310
Wells Fargo Commercial Mortgage Trust^(c)
Series 2022-C62 Class A4
04/15/2055		4.000	%		5,330,000		4,715,656
WF-RBS Commercial Mortgage Trust
Series 2014-C24 Class A3
11/15/2047		3.428	%		509,995		501,154

Commercial Mortgage-Backed Securities - Non-Agency (continued)

Issuer

Coupon
Rate

Principal
Amount ($)

Value ($)

WF-RBS Commercial Mortgage Trust^(a),(c)

Subordinated Series 2013-C14 Class D

06/15/2046

3.964

470,000

169,106

WSTN Trust^(a),(c)

Series 2023-MAUI Class A

07/05/2037

6.518

2,500,000

2,425,353

Total Commercial Mortgage-Backed Securities - Non-Agency
(Cost $787,794,855)

722,388,331

Common Stocks 0.0%

Issuer

Shares

Value ($)

Communication Services 0.0%

Media 0.0%

Intelsat Jackson Holdings SA^(h),(i),(j)

2,500,000

Intelsat Jackson Holdings SA^(h),(i),(j)

832,000

Intelsat Jackson Holdings SA^(h),(i),(j)

6,033,000

Intelsat Jackson Series A, CVR^(h),(i),(j)

9,311

Intelsat Jackson Series B, CVR^(h),(i),(j)

9,311

Total

Total Communication Services

Energy 0.0%

Oil, Gas & Consumable Fuels 0.0%

Prairie Provident Resources, Inc.^(i),(j)

1,728

Total Energy

Financials 0.0%

Financial Services 0.0%

Intelsat Emergence SA⁽ⁱ⁾

88,937

2,345,714

Total Financials

2,345,714

Total Common Stocks
(Cost $3,028,350)

2,345,811

Convertible Bonds 0.0%

Issuer

Coupon
Rate

Principal
Amount ($)

Value ($)

Banking 0.0%

Lloyds Banking Group PLC^(k),(l)

8.000

3,207,000

3,041,199


Multi-Manager Total Return Bond Strategies Fund \| First Quarter Report 2023		21

PORTFOLIO OF INVESTMENTS (continued)

Multi-Manager Total Return Bond Strategies Fund, November 30, 2023 (Unaudited)



Convertible Bonds (continued)

Issuer	Coupon Rate			Principal Amount ($)		Value ($)
UBS Group AG^(a),(k),(l)
		9.250	%		994,000		1,038,978
		9.250	%		325,000		344,618

Total							4,424,795

Total Convertible Bonds (Cost $4,503,815)							4,424,795


Corporate Bonds & Notes 28.8%
Aerospace & Defense 0.4%
BAE Systems PLC^(a)
04/15/2030		3.400	%		690,000		616,797
Boeing Co. (The)
02/04/2024		1.433	%		5,100,000		5,060,151
05/01/2025		4.875	%		761,000		753,260
02/01/2028		3.250	%		794,000		737,076
05/01/2030		5.150	%		1,160,000		1,150,017
02/01/2031		3.625	%		4,203,000		3,779,690
02/01/2035		3.250	%		1,240,000		996,298
05/01/2040		5.705	%		1,050,000		1,034,090
11/01/2048		3.850	%		245,000		177,373
05/01/2050		5.805	%		1,085,000		1,057,943
08/01/2059		3.950	%		3,500,000		2,491,063
05/01/2060		5.930	%		1,047,000		1,015,295
Bombardier, Inc.^(a)
03/15/2025		7.500	%		1,225,000		1,225,605
04/15/2027		7.875	%		5,373,000		5,378,078
02/01/2029		7.500	%		1,200,000		1,188,363
Embraer Netherlands Finance BV^(a)
07/28/2030		7.000	%		1,225,000		1,255,554
HEICO Corp.
08/01/2028		5.250	%		1,749,000		1,746,030
Lockheed Martin Corp.
02/15/2034		4.750	%		490,000		477,591
02/15/2055		5.200	%		1,009,000		986,698
11/15/2063		5.900	%		493,000		530,359
Northrop Grumman Corp.
03/15/2053		4.950	%		74,000		68,126
RTX Corp.
03/15/2054		6.400	%		3,280,000		3,565,173
Textron, Inc.
03/01/2024		4.300	%		665,000		661,616
03/01/2025		3.875	%		289,000		282,806
11/15/2033		6.100	%		2,035,000		2,094,277
TransDigm, Inc.^(a)
12/01/2031		7.125	%		2,910,000		2,961,147
United Technologies Corp.
11/16/2038		4.450	%		1,043,000		907,678
06/01/2042		4.500	%		2,249,000		1,933,067

Total							44,131,221



Corporate Bonds & Notes (continued)

Issuer	Coupon Rate			Principal Amount ($)		Value ($)
Airlines 0.2%
American Airlines Pass-Through Trust
Series 2015-2 Class AA
09/22/2027		3.600	%		98,640		89,157
Series 2016-1 Class AA
07/15/2029		3.575	%		522,843		477,194
Series 2016-2 Class AA
06/15/2028		3.200	%		528,326		473,176
Series 2017-2 Class AA
10/15/2029		3.350	%		1,641,340		1,451,240
Series 2019-1 Class AA
08/15/2033		3.150	%		375,096		315,398
Delta Air Lines Pass-Through Trust
06/10/2028		2.000	%		5,539,173		4,857,351
06/10/2028		2.500	%		872,521		760,649
Delta Air Lines, Inc./SkyMiles IP Ltd.^(a)
10/20/2028		4.750	%		7,285,382		6,995,404
Mileage Plus Holdings LLC/Intellectual Property Assets Ltd.^(a)
06/20/2027		6.500	%		435,050		432,646
Southwest Airlines Co.
06/15/2027		5.125	%		1,665,000		1,647,254
U.S. Airways Pass-Through Trust
10/01/2024		5.900	%		682,784		677,845
06/03/2025		4.625	%		1,922,970		1,825,132
United Airlines Pass-Through Trust
Series 2023-1 Class A
01/15/2036		5.800	%		8,532,000		8,184,056
United Airlines, Inc.^(a)
04/15/2026		4.375	%		250,000		237,674
04/15/2029		4.625	%		840,000		749,674
United Airlines, Inc. Pass-Through Trust
10/15/2027		5.875	%		727,856		724,295

Total							29,898,145

Apartment REIT 0.1%
American Homes 4 Rent LP
07/15/2031		2.375	%		393,000		307,923
04/15/2032		3.625	%		570,000		488,971
07/15/2051		3.375	%		1,735,000		1,075,276
04/15/2052		4.300	%		1,270,000		945,973
Camden Property Trust
11/03/2026		5.850	%		1,326,000		1,347,568
Invitation Homes Operating Partnership LP
11/15/2028		2.300	%		1,377,000		1,176,881
08/15/2030		5.450	%		726,000		702,072
08/15/2031		2.000	%		3,306,000		2,504,229
08/15/2033		5.500	%		1,315,000		1,256,184


22		Multi-Manager Total Return Bond Strategies Fund \| First Quarter Report 2023

PORTFOLIO OF INVESTMENTS (continued)

Multi-Manager Total Return Bond Strategies Fund, November 30, 2023 (Unaudited)



Corporate Bonds & Notes (continued)

Issuer	Coupon Rate			Principal Amount ($)		Value ($)
01/15/2034		2.700	%		52,000		39,132

Total							9,844,209

Automotive 1.1%
Adient Global Holdings Ltd.^(a)
08/15/2026		4.875	%		2,700,000		2,598,586
American Axle & Manufacturing, Inc.
03/15/2026		6.250	%		782,000		770,987
04/01/2027		6.500	%		875,000		845,798
American Honda Finance Corp.
01/12/2028		4.700	%		1,414,000		1,394,150
07/07/2028		5.125	%		1,056,000		1,059,515
11/15/2028		5.650	%		3,738,000		3,823,123
10/04/2030		5.850	%		5,406,000		5,585,072
Aptiv PLC
12/01/2051		3.100	%		1,905,000		1,145,985
BMW US Capital LLC^(a)
08/11/2033		5.150	%		4,201,000		4,162,760
Daimler Truck Finance North America LLC^(a)
09/20/2028		5.400	%		2,315,000		2,307,621
Dana, Inc.
06/15/2028		5.625	%		800,000		761,916
Denso Corp.^(a)
09/16/2026		1.239	%		4,070,000		3,641,426
Ford Motor Co.
08/19/2032		6.100	%		1,335,000		1,301,533
01/15/2043		4.750	%		2,600,000		2,005,558
Ford Motor Credit Co. LLC
01/09/2024		3.810	%		2,585,000		2,577,396
09/08/2024		3.664	%		2,000,000		1,959,066
08/04/2025		4.134	%		950,000		912,470
11/13/2025		3.375	%		1,000,000		942,136
03/06/2026		6.950	%		1,425,000		1,438,109
05/12/2028		6.800	%		450,000		458,075
11/07/2028		6.798	%		6,145,000		6,265,582
05/03/2029		5.113	%		1,405,000		1,318,943
General Motors Co.
10/01/2025		6.125	%		529,000		531,680
04/01/2035		5.000	%		5,365,000		4,855,379
04/01/2038		5.150	%		1,550,000		1,373,190
10/02/2043		6.250	%		723,000		693,868
04/01/2045		5.200	%		1,500,000		1,267,403
General Motors Financial Co., Inc.
07/13/2025		4.300	%		1,060,000		1,034,431
10/10/2025		6.050	%		3,385,000		3,399,480
03/01/2026		5.250	%		2,260,000		2,234,119
06/23/2028		5.800	%		1,850,000		1,850,578
04/06/2030		5.850	%		708,000		705,960
06/21/2030		3.600	%		1,710,000		1,496,354



Corporate Bonds & Notes (continued)

Issuer	Coupon Rate			Principal Amount ($)		Value ($)
Harley-Davidson Financial Services, Inc.^(a)
06/08/2025		3.350	%		1,155,000		1,107,358
03/10/2028		6.500	%		6,355,000		6,362,923
Hyundai Capital America^(a)
06/26/2025		5.800	%		5,620,000		5,619,250
09/21/2026		5.950	%		4,120,000		4,139,852
06/26/2028		5.680	%		1,106,000		1,099,246
09/15/2028		2.100	%		1,460,000		1,238,125
09/21/2028		6.100	%		1,897,000		1,921,153
01/16/2029		6.500	%		1,282,000		1,316,297
Hyundai Capital Services, Inc.^(a)
04/24/2025		2.125	%		3,320,000		3,158,511
Kia Corp.^(a)
04/16/2024		1.000	%		1,405,000		1,380,469
LKQ Corp.
06/15/2028		5.750	%		3,405,000		3,381,270
Mercedes-Benz Finance North America LLC^(a)
08/03/2028		5.100	%		3,505,000		3,487,031
Nissan Motor Acceptance Co. LLC^(a)
09/15/2028		7.050	%		2,150,000		2,181,386
Toyota Motor Credit Corp.
01/13/2027		1.900	%		400,000		364,614
09/20/2027		4.550	%		1,642,000		1,624,282
09/11/2028		5.250	%		6,715,000		6,797,634
11/20/2030		5.550	%		4,334,000		4,432,432
Volkswagen Group of America Finance LLC^(a)
11/16/2030		6.450	%		11,190,000		11,464,176
09/12/2033		5.900	%		1,266,000		1,248,188
ZF North America Capital, Inc.^(a)
04/14/2030		7.125	%		1,350,000		1,384,169

Total							130,426,615

Banking 8.5%
ABN AMRO Bank NV^(a),(l)
09/18/2027		6.339	%		6,900,000		6,942,355
Subordinated
03/13/2037		3.324	%		1,441,000		1,089,835
AIB Group PLC^(a),(l)
10/14/2026		7.583	%		4,320,000		4,419,704
09/13/2029		6.608	%		815,000		831,150
Ally Financial, Inc.
11/15/2027		7.100	%		4,885,000		4,982,258
American Express Co.^(l)
05/01/2026		4.990	%		525,000		519,924
07/27/2029		5.282	%		4,680,000		4,658,915
10/30/2031		6.489	%		2,055,000		2,163,709
ANZ New Zealand International Ltd.^(a)
02/18/2025		2.166	%		3,390,000		3,254,505
08/14/2028		5.355	%		4,595,000		4,598,728


Multi-Manager Total Return Bond Strategies Fund \| First Quarter Report 2023		23

PORTFOLIO OF INVESTMENTS (continued)

Multi-Manager Total Return Bond Strategies Fund, November 30, 2023 (Unaudited)



Corporate Bonds & Notes (continued)

Issuer	Coupon Rate			Principal Amount ($)		Value ($)
ASB Bank Ltd.^(a),(l)
Subordinated
06/17/2032		5.284	%		2,355,000		2,276,917
Banco Bilbao Vizcaya Argentaria SA^(l)
Subordinated
11/15/2034		7.883	%		5,200,000		5,387,971
Banco Santander SA
05/28/2025		2.746	%		3,000,000		2,854,434
11/07/2033		6.938	%		7,400,000		7,832,852
Bank of America Corp.^(k),(l)
		4.375	%		3,016,000		2,607,681
Bank of America Corp.^(l)
03/11/2027		1.658	%		1,775,000		1,619,202
07/22/2027		1.734	%		13,410,000		12,108,503
04/27/2028		4.376	%		1,208,000		1,162,302
03/05/2029		3.970	%		2,159,000		2,022,749
06/14/2029		2.087	%		11,335,000		9,740,104
07/23/2030		3.194	%		33,500,000		29,440,812
02/13/2031		2.496	%		8,712,000		7,238,877
04/29/2031		2.592	%		2,710,000		2,252,833
07/23/2031		1.898	%		425,000		333,568
03/11/2032		2.651	%		5,426,000		4,410,406
04/22/2032		2.687	%		2,464,000		2,003,110
07/21/2032		2.299	%		785,000		616,435
10/20/2032		2.572	%		9,960,000		7,929,553
02/04/2033		2.972	%		1,928,000		1,574,609
04/27/2033		4.571	%		1,143,000		1,049,189
04/25/2034		5.288	%		3,916,000		3,765,906
09/15/2034		5.872	%		5,783,000		5,802,402
Subordinated
09/21/2036		2.482	%		1,671,000		1,262,599
03/08/2037		3.846	%		1,279,000		1,079,805
Bank of America Corp.
Subordinated
01/22/2025		4.000	%		795,000		780,848
04/21/2025		3.950	%		2,500,000		2,437,533
03/03/2026		4.450	%		2,000,000		1,952,495
Bank of America NA
08/18/2026		5.526	%		5,575,000		5,619,955
Bank of Ireland Group PLC^(a),(l)
09/16/2026		6.253	%		3,560,000		3,559,319
Bank of Montreal
09/25/2028		5.717	%		5,805,000		5,873,349
Bank of New York Mellon Corp. (The)^(l)
04/26/2027		4.947	%		4,700,000		4,647,539
10/25/2034		6.474	%		653,000		692,676
Bank of New Zealand^(a)
02/21/2025		2.000	%		3,915,000		3,746,537
01/27/2027		2.285	%		2,140,000		1,946,338
Bank of Nova Scotia (The)^(e)
02/01/2034		5.650	%		2,213,000		2,197,312



Corporate Bonds & Notes (continued)

Issuer	Coupon Rate			Principal Amount ($)		Value ($)
Bank of Nova Scotia (The)^(l)
Subordinated
05/04/2037		4.588	%		2,129,000		1,810,829
Banque Federative du Credit Mutuel SA^(a)
01/26/2026		4.935	%		2,208,000		2,175,154
07/13/2028		5.790	%		2,215,000		2,236,005
Barclays PLC
03/16/2025		3.650	%		270,000		262,360
Subordinated
05/09/2028		4.836	%		995,000		937,395
Barclays PLC^(l)
05/07/2025		3.932	%		4,045,000		4,004,624
06/24/2031		2.645	%		3,175,000		2,556,330
03/10/2032		2.667	%		12,020,000		9,480,429
BNP Paribas SA^(a),(l)
06/09/2026		2.219	%		2,150,000		2,033,035
09/30/2028		1.904	%		3,535,000		3,056,242
06/12/2029		5.335	%		1,815,000		1,795,862
04/19/2032		2.871	%		3,775,000		3,063,697
01/20/2033		3.132	%		7,920,000		6,453,101
BNP Paribas SA^(a),(e),(l)
12/05/2034		5.894	%		4,070,000		4,084,012
BPCE SA^(a)
01/11/2028		3.250	%		460,000		418,851
Subordinated
07/11/2024		4.625	%		4,200,000		4,142,264
07/21/2024		5.150	%		3,363,000		3,328,519
CaixaBank SA^(a),(l)
09/13/2034		6.840	%		4,839,000		4,868,032
Canadian Imperial Bank of Commerce
10/03/2033		6.092	%		6,036,000		6,156,484
Capital One Financial Corp.^(l)
12/06/2024		1.343	%		8,945,000		8,942,574
10/29/2027		7.149	%		3,985,000		4,056,266
11/02/2027		1.878	%		883,000		774,473
06/08/2029		6.312	%		2,560,000		2,545,957
Citibank NA^(e)
12/04/2026		5.488	%		12,160,000		12,230,524
Citigroup, Inc.^(k),(l)
		4.700	%		10,225,000		9,303,033
		5.000	%		1,100,000		1,062,248
Citigroup, Inc.^(l)
04/08/2026		3.106	%		4,210,000		4,059,337
06/09/2027		1.462	%		3,220,000		2,898,313
11/05/2030		2.976	%		14,780,000		12,773,257
01/29/2031		2.666	%		5,550,000		4,654,700
06/03/2031		2.572	%		5,105,000		4,216,739
05/01/2032		2.561	%		6,885,000		5,540,216
01/25/2033		3.057	%		9,090,000		7,454,903


24		Multi-Manager Total Return Bond Strategies Fund \| First Quarter Report 2023

PORTFOLIO OF INVESTMENTS (continued)

Multi-Manager Total Return Bond Strategies Fund, November 30, 2023 (Unaudited)



Corporate Bonds & Notes (continued)

Issuer	Coupon Rate			Principal Amount ($)		Value ($)
Subordinated
05/25/2034		6.174	%		4,690,000		4,652,788
Citigroup, Inc.
05/01/2026		3.400	%		1,300,000		1,240,545
Subordinated
06/10/2025		4.400	%		4,250,000		4,166,930
05/18/2046		4.750	%		395,000		330,010
Citizens Bank NA^(l)
08/09/2028		4.575	%		829,000		764,867
Citizens Financial Group, Inc.
02/06/2030		2.500	%		1,496,000		1,196,156
Citizens Financial Group, Inc.^(l)
Subordinated
05/21/2037		5.641	%		6,905,000		5,901,840
Commonwealth Bank of Australia^(a)
Subordinated
09/12/2039		3.743	%		435,000		315,472
Cooperatieve Rabobank UA^(a),(l)
06/24/2026		1.339	%		970,000		904,260
02/24/2027		1.106	%		2,500,000		2,254,459
Credit Agricole SA^(a),(l)
10/03/2029		6.316	%		6,125,000		6,243,826
Credit Suisse AG
02/21/2025		3.700	%		855,000		829,860
08/07/2026		1.250	%		289,000		256,924
07/09/2027		5.000	%		2,861,000		2,803,822
Credit Suisse Group AG^(a),(l)
09/11/2025		2.593	%		430,000		418,059
06/05/2026		2.193	%		3,297,000		3,102,796
07/15/2026		6.373	%		2,485,000		2,491,114
02/02/2027		1.305	%		4,520,000		4,079,970
05/14/2032		3.091	%		6,040,000		4,923,033
08/12/2033		6.537	%		19,300,000		19,696,958
11/15/2033		9.016	%		8,446,000		10,005,245
Credit Suisse Group AG^(a)
01/09/2028		4.282	%		1,005,000		949,591
Danske Bank A/S^(a),(l)
09/10/2025		0.976	%		5,665,000		5,443,929
09/22/2026		6.259	%		9,690,000		9,749,440
Deutsche Bank AG^(l)
07/13/2027		7.146	%		1,200,000		1,224,123
Subordinated
01/14/2032		3.729	%		2,000,000		1,569,552
02/10/2034		7.079	%		420,000		402,968
Discover Bank
03/13/2026		4.250	%		789,000		750,593
Discover Financial Services
11/06/2024		3.950	%		1,495,000		1,461,952



Corporate Bonds & Notes (continued)

Issuer	Coupon Rate			Principal Amount ($)		Value ($)
Discover Financial Services^(l)
11/02/2034		7.964	%		7,352,000		7,725,920
DNB Bank ASA^(a),(l)
09/16/2026		1.127	%		3,950,000		3,617,684
Federation des Caisses Desjardins du Quebec^(a)
03/14/2028		5.700	%		2,210,000		2,217,942
Fifth Third Bancorp^(l)
07/27/2029		6.339	%		11,583,000		11,706,916
04/25/2033		4.337	%		3,412,000		2,993,767
First Horizon Bank
Subordinated
05/01/2030		5.750	%		2,730,000		2,453,234
Goldman Sachs Group Inc (The)^(l)
01/27/2032		1.992	%		1,030,000		798,639
Goldman Sachs Group Inc. (The)^(l)
08/10/2026		5.798	%		11,345,000		11,358,480
Goldman Sachs Group, Inc. (The)^(k),(l)
		3.650	%		2,135,000		1,780,033
Goldman Sachs Group, Inc. (The)
12/06/2023		1.217	%		7,295,000		7,289,688
Subordinated
05/22/2045		5.150	%		2,100,000		1,886,414
Goldman Sachs Group, Inc. (The)^(l)
09/29/2025		3.272	%		4,160,000		4,067,913
03/09/2027		1.431	%		11,330,000		10,274,377
02/24/2028		2.640	%		3,320,000		3,023,070
10/24/2029		6.484	%		1,398,000		1,447,740
04/22/2032		2.615	%		12,585,000		10,139,320
07/21/2032		2.383	%		15,470,000		12,188,783
HSBC Holdings PLC^(l)
11/07/2025		2.633	%		1,148,000		1,111,472
03/10/2026		2.999	%		929,000		893,099
06/04/2026		2.099	%		1,983,000		1,869,664
05/24/2027		1.589	%		3,379,000		3,044,090
08/14/2027		5.887	%		7,710,000		7,724,056
09/22/2028		2.013	%		11,034,000		9,617,402
08/17/2029		2.206	%		8,265,000		7,019,052
05/24/2032		2.804	%		480,000		385,132
03/09/2044		6.332	%		1,975,000		2,006,237
Huntington Bancshares, Inc.^(l)
08/21/2029		6.208	%		5,822,000		5,823,660
Subordinated
08/15/2036		2.487	%		626,000		453,359
Huntington National Bank (The)
01/10/2030		5.650	%		2,367,000		2,298,830
ING Groep NV^(l)
09/11/2034		6.114	%		1,026,000		1,029,434
Intesa Sanpaolo SpA^(a)
11/28/2033		7.200	%		1,705,000		1,729,238


Multi-Manager Total Return Bond Strategies Fund \| First Quarter Report 2023		25

PORTFOLIO OF INVESTMENTS (continued)

Multi-Manager Total Return Bond Strategies Fund, November 30, 2023 (Unaudited)



Corporate Bonds & Notes (continued)

Issuer	Coupon Rate			Principal Amount ($)		Value ($)
Intesa Sanpaolo SpA^(a),(l)
06/20/2054		7.778	%		3,365,000		3,226,550
Subordinated
06/01/2032		4.198	%		1,100,000		852,311
JPMorgan Chase & Co.^(k),(l)
		4.000	%		4,500,000		4,224,048
		4.600	%		7,625,000		7,302,989
		5.000	%		1,290,000		1,275,994
JPMorgan Chase & Co.^(l)
06/23/2025		0.969	%		4,760,000		4,620,651
12/10/2025		1.561	%		2,540,000		2,425,142
02/24/2026		2.595	%		383,000		368,333
02/04/2027		1.040	%		4,299,000		3,899,700
04/22/2027		1.578	%		11,910,000		10,842,777
09/22/2027		1.470	%		1,797,000		1,610,445
02/24/2028		2.947	%		4,610,000		4,270,065
01/23/2029		3.509	%		10,345,000		9,600,026
04/23/2029		4.005	%		3,180,000		3,003,764
06/01/2029		2.069	%		1,446,000		1,253,480
12/05/2029		4.452	%		1,150,000		1,100,458
10/15/2030		2.739	%		1,990,000		1,718,326
02/04/2032		1.953	%		3,030,000		2,380,262
04/22/2032		2.580	%		7,675,000		6,274,952
11/08/2032		2.545	%		8,145,000		6,549,460
01/25/2033		2.963	%		2,380,000		1,967,054
06/01/2034		5.350	%		5,635,000		5,506,592
10/23/2034		6.254	%		5,343,000		5,584,832
11/15/2048		3.964	%		2,475,000		1,960,803
JPMorgan Chase & Co.
Subordinated
09/10/2024		3.875	%		5,440,000		5,359,040
KeyBank NA
11/15/2027		5.850	%		3,050,000		2,948,245
Subordinated
08/08/2032		4.900	%		563,000		458,653
KeyCorp^(l)
06/01/2033		4.789	%		1,837,000		1,587,775
Lloyds Banking Group PLC
03/12/2024		3.900	%		2,600,000		2,585,368
Subordinated
11/04/2024		4.500	%		5,560,000		5,461,410
Lloyds Banking Group PLC^(l)
05/11/2027		1.627	%		1,175,000		1,060,059
08/07/2027		5.985	%		3,605,000		3,612,701
08/11/2033		4.976	%		3,245,000		3,014,094
Macquarie Group Ltd.^(a),(e),(l)
12/07/2034		6.255	%		7,070,000		7,065,085
Mizuho Financial Group, Inc.^(l)
07/06/2029		5.778	%		4,740,000		4,793,229



Corporate Bonds & Notes (continued)

Issuer	Coupon Rate			Principal Amount ($)		Value ($)
Morgan Stanley^(l)
01/22/2025		0.791	%		1,115,000		1,105,710
05/30/2025		0.790	%		14,562,000		14,151,798
07/22/2025		2.720	%		720,000		704,990
10/21/2025		1.164	%		4,545,000		4,339,822
04/28/2026		2.188	%		828,000		787,388
05/04/2027		1.593	%		3,193,000		2,894,320
07/20/2027		1.512	%		962,000		863,816
01/21/2028		2.475	%		998,000		909,457
07/22/2028		3.591	%		7,821,000		7,318,832
10/18/2028		6.296	%		447,000		459,533
01/24/2029		3.772	%		4,315,000		4,025,819
04/20/2029		5.164	%		1,478,000		1,454,530
07/20/2029		5.449	%		2,410,000		2,399,156
01/23/2030		4.431	%		2,885,000		2,738,656
02/13/2032		1.794	%		1,535,000		1,176,557
04/28/2032		1.928	%		2,719,000		2,090,466
07/21/2032		2.239	%		9,590,000		7,504,733
10/20/2032		2.511	%		1,560,000		1,238,137
01/21/2033		2.943	%		3,610,000		2,945,587
10/18/2033		6.342	%		370,000		383,102
04/21/2034		5.250	%		5,253,000		5,033,808
07/21/2034		5.424	%		353,000		342,153
11/01/2034		6.627	%		3,389,000		3,591,770
04/22/2039		4.457	%		299,000		261,357
Subordinated
09/16/2036		2.484	%		3,240,000		2,445,839
04/20/2037		5.297	%		1,135,000		1,053,392
01/19/2038		5.948	%		2,865,000		2,779,663
Morgan Stanley
01/27/2026		3.875	%		6,556,000		6,370,579
07/27/2026		3.125	%		990,000		935,860
Subordinated
09/08/2026		4.350	%		9,045,000		8,776,389
Morgan Stanley Bank NA
10/30/2026		5.882	%		5,570,000		5,660,886
National Bank of Canada^(l)
06/09/2025		3.750	%		7,465,000		7,371,033
Nationwide Building Society^(a),(l)
10/18/2027		6.557	%		3,400,000		3,449,652
02/16/2028		2.972	%		2,610,000		2,372,434
NatWest Group PLC^(l)
09/13/2029		5.808	%		1,267,000		1,259,854
Northern Trust Corp.^(l)
Subordinated
05/08/2032		3.375	%		2,052,000		1,867,348
PNC Financial Services Group, Inc. (The)^(k),(l)
		6.000	%		706,000		633,423
		6.250	%		3,185,000		2,781,165


26		Multi-Manager Total Return Bond Strategies Fund \| First Quarter Report 2023

PORTFOLIO OF INVESTMENTS (continued)

Multi-Manager Total Return Bond Strategies Fund, November 30, 2023 (Unaudited)



Corporate Bonds & Notes (continued)

Issuer	Coupon Rate			Principal Amount ($)		Value ($)
PNC Financial Services Group, Inc. (The)^(l)
06/12/2029		5.582	%		11,935,000		11,855,456
10/28/2033		6.037	%		3,770,000		3,778,022
01/24/2034		5.068	%		1,415,000		1,326,205
10/20/2034		6.875	%		3,685,000		3,916,466
Royal Bank of Canada
08/01/2028		5.200	%		2,500,000		2,492,356
Royal Bank of Scotland Group PLC^(l)
03/22/2025		4.269	%		1,735,000		1,724,141
Santander Holdings USA, Inc.^(l)
06/12/2029		6.565	%		1,145,000		1,152,534
11/09/2031		7.660	%		3,520,000		3,674,378
Santander UK Group Holdings PLC^(l)
03/15/2025		1.089	%		7,385,000		7,261,300
08/21/2026		1.532	%		445,000		408,994
06/14/2027		1.673	%		1,762,000		1,572,658
Societe Generale SA^(a)
03/28/2024		3.875	%		5,055,000		5,017,648
Societe Generale SA^(a),(l)
01/19/2028		2.797	%		4,285,000		3,872,656
06/09/2032		2.889	%		480,000		375,770
01/21/2033		3.337	%		2,590,000		2,065,432
Standard Chartered PLC^(a),(l)
02/08/2030		7.018	%		10,085,000		10,386,473
State Street Corp.
08/03/2026		5.272	%		2,830,000		2,828,492
State Street Corp.^(l)
11/21/2029		5.684	%		7,232,000		7,295,514
11/21/2034		6.123	%		3,243,000		3,276,427
SunTrust Capital III^(b)
3-month Term SOFR + 0.912%
03/14/2028		6.321	%		783,000		705,442
Svenska Handelsbanken AB^(a)
06/15/2028		5.500	%		3,445,000		3,421,708
Swedbank AB^(a)
09/12/2026		6.136	%		5,800,000		5,837,774
Synchrony Bank
08/22/2025		5.400	%		3,625,000		3,514,592
Synchrony Financial
06/13/2025		4.875	%		2,185,000		2,112,599
Toronto-Dominion Bank (The)
07/17/2028		5.523	%		1,955,000		1,971,329
Truist Financial Corp.^(k),(l)
		4.800	%		880,000		777,496
		5.100	%		1,302,000		1,121,194



Corporate Bonds & Notes (continued)

Issuer	Coupon Rate			Principal Amount ($)		Value ($)
Truist Financial Corp.^(l)
03/02/2027		1.267	%		340,000		305,944
10/30/2029		7.161	%		5,815,000		6,078,590
01/26/2034		5.122	%		2,445,000		2,247,423
06/08/2034		5.867	%		8,789,000		8,573,116
Subordinated
07/28/2033		4.916	%		1,044,000		924,049
U.S. Bancorp^(k),(l)
Junior Subordinated
		5.300	%		2,980,000		2,514,027
UBS AG
09/11/2028		5.650	%		6,640,000		6,712,340
UBS Group AG^(a),(l)
05/12/2026		4.488	%		980,000		957,585
01/30/2027		1.364	%		912,000		824,099
08/10/2027		1.494	%		960,000		852,861
09/22/2034		6.301	%		1,714,000		1,728,814
UBS Group AG^(a),(b)
SOFR + 1.580%
05/12/2026		6.890	%		3,055,000		3,069,768
UniCredit SpA^(a),(l)
09/22/2026		2.569	%		5,195,000		4,821,571
US Bancorp^(l)
06/12/2034		5.836	%		6,580,000		6,480,718
Subordinated
07/22/2033		4.967	%		1,793,000		1,605,479
Wells Fargo & Co.^(l)
02/11/2026		2.164	%		1,691,000		1,615,555
08/15/2026		4.540	%		254,000		249,086
03/24/2028		3.526	%		2,161,000		2,026,536
06/02/2028		2.393	%		10,530,000		9,465,061
07/25/2028		4.808	%		14,890,000		14,519,900
07/25/2029		5.574	%		1,360,000		1,358,706
10/23/2029		6.303	%		5,615,000		5,786,752
02/11/2031		2.572	%		6,775,000		5,662,159
03/02/2033		3.350	%		15,345,000		12,849,313
07/25/2033		4.897	%		2,740,000		2,566,604
04/24/2034		5.389	%		2,349,000		2,260,321
10/23/2034		6.491	%		3,959,000		4,139,785
04/30/2041		3.068	%		4,650,000		3,330,004

Total							1,018,282,204

Brokerage/Asset Managers/Exchanges 0.3%
Ares Finance Co. IV LLC^(a)
02/01/2052		3.650	%		1,140,000		738,980
Blackstone Holdings Finance Co. LLC^(a)
08/05/2028		1.625	%		454,000		382,375
01/10/2030		2.500	%		189,000		156,542
01/30/2032		2.000	%		1,965,000		1,477,276
Blue Owl Finance LLC^(a)
02/15/2032		4.375	%		2,540,000		2,115,689


Multi-Manager Total Return Bond Strategies Fund \| First Quarter Report 2023		27

PORTFOLIO OF INVESTMENTS (continued)

Multi-Manager Total Return Bond Strategies Fund, November 30, 2023 (Unaudited)



Corporate Bonds & Notes (continued)

Issuer	Coupon Rate			Principal Amount ($)		Value ($)
Brookfield Finance, Inc.
06/02/2026		4.250	%		964,000		933,033
02/15/2052		3.625	%		1,591,000		1,049,405
Charles Schwab Corp. (The)^(k),(l)
		4.000	%		678,000		511,520
Charles Schwab Corp. (The)^(l)
05/19/2029		5.643	%		1,318,000		1,313,694
08/24/2034		6.136	%		764,000		765,962
CI Financial Corp.
06/15/2051		4.100	%		684,000		380,363
CME Group, Inc.
03/15/2032		2.650	%		1,334,000		1,133,694
Depository Trust & Clearing Corp. (The)^(a),(k),(l)
		3.375	%		673,000		515,857
Hunt Companies, Inc.^(a)
04/15/2029		5.250	%		2,150,000		1,847,956
Intercontinental Exchange, Inc.
06/15/2030		2.100	%		2,664,000		2,208,404
09/15/2032		1.850	%		3,230,000		2,467,076
Jane Street Group/JSG Finance, Inc.^(a)
11/15/2029		4.500	%		1,000,000		897,719
Jefferies Financial Group, Inc.
07/21/2028		5.875	%		3,660,000		3,646,060
Jefferies Group LLC
01/20/2043		6.500	%		600,000		601,488
Nomura Holdings, Inc.
07/12/2028		6.070	%		7,560,000		7,648,921
07/14/2031		2.608	%		1,100,000		872,669
Stifel Financial Corp.
05/15/2030		4.000	%		3,755,000		3,282,710

Total							34,947,393

Building Materials 0.1%
Cemex SAB de CV^(a),(k),(l)
		5.125	%		1,525,000		1,430,223
Ferguson Finance PLC^(a)
04/20/2032		4.650	%		1,200,000		1,115,464
Fortune Brands Home & Security, Inc.
03/25/2052		4.500	%		2,795,000		2,182,229
Fortune Brands Innovations, Inc.
06/01/2033		5.875	%		764,000		762,045
Martin Marietta Materials, Inc.
03/15/2030		2.500	%		3,380,000		2,846,742
Mohawk Industries, Inc.
09/18/2028		5.850	%		684,000		692,891
Standard Industries, Inc.^(a)
07/15/2030		4.375	%		3,295,000		2,891,418
01/15/2031		3.375	%		1,335,000		1,096,548



Corporate Bonds & Notes (continued)

Issuer	Coupon Rate			Principal Amount ($)		Value ($)
Summit Materials LLC /Finance Corp.^(a),(e)
01/15/2031		7.250	%		2,010,000		2,010,000
Summit Materials LLC/Finance Corp.^(a)
01/15/2029		5.250	%		500,000		468,158

Total							15,495,718

Cable and Satellite 0.6%
Cable One, Inc.^(a)
11/15/2030		4.000	%		695,000		542,366
CCO Holdings LLC/Capital Corp.^(a)
06/01/2029		5.375	%		100,000		92,745
02/01/2031		4.250	%		1,725,000		1,440,118
CCO Holdings LLC/Holdings Capital Corp.^(a)
01/15/2034		4.250	%		1,125,000		877,980
Charter Communications Operating LLC/Capital
01/15/2029		2.250	%		616,000		519,078
02/01/2034		6.650	%		1,511,000		1,546,279
10/23/2035		6.384	%		1,775,000		1,739,598
10/23/2045		6.484	%		4,170,000		3,867,377
04/01/2048		5.750	%		1,360,000		1,147,016
03/01/2050		4.800	%		4,625,000		3,421,759
04/01/2051		3.700	%		2,305,000		1,425,690
06/01/2052		3.900	%		3,420,000		2,184,066
04/01/2053		5.250	%		2,265,000		1,807,933
04/01/2061		3.850	%		941,000		561,889
Comcast Corp.
10/15/2025		3.950	%		3,095,000		3,031,365
11/15/2027		5.350	%		628,000		640,315
02/01/2030		2.650	%		723,000		632,437
01/15/2031		1.950	%		1,347,000		1,096,801
03/01/2038		3.900	%		822,000		698,668
02/01/2050		3.450	%		1,900,000		1,359,683
05/15/2064		5.500	%		3,173,000		3,091,245
Cox Communications, Inc.^(a)
09/15/2028		5.450	%		4,420,000		4,421,104
06/15/2031		2.600	%		1,975,000		1,598,704
CSC Holdings LLC
06/01/2024		5.250	%		2,513,000		2,394,822
CSC Holdings LLC^(a)
04/15/2027		5.500	%		3,550,000		3,148,951
02/01/2028		5.375	%		1,193,000		1,020,021
04/01/2028		7.500	%		300,000		205,208
05/15/2028		11.250	%		600,000		598,528
02/01/2029		6.500	%		3,914,000		3,317,912
01/15/2030		5.750	%		1,275,000		721,940
12/01/2030		4.625	%		4,725,000		2,609,217
DISH DBS Corp.
11/15/2024		5.875	%		2,000,000		1,756,202
07/01/2026		7.750	%		2,039,000		1,215,335
DISH Network Corp.^(a)
11/15/2027		11.750	%		1,925,000		1,911,512


28		Multi-Manager Total Return Bond Strategies Fund \| First Quarter Report 2023

PORTFOLIO OF INVESTMENTS (continued)

Multi-Manager Total Return Bond Strategies Fund, November 30, 2023 (Unaudited)



Corporate Bonds & Notes (continued)

Issuer	Coupon Rate			Principal Amount ($)		Value ($)
Intelsat Jackson Holdings SA^(a)
03/15/2030		6.500	%		1,595,000		1,478,800
Sirius XM Radio, Inc.^(a)
07/01/2029		5.500	%		1,485,000		1,380,542
Time Warner Cable LLC
05/01/2037		6.550	%		235,000		221,653
11/15/2040		5.875	%		3,890,000		3,357,991
09/01/2041		5.500	%		7,444,000		6,168,701
Viasat, Inc.^(a)
09/15/2025		5.625	%		1,425,000		1,369,017
04/15/2027		5.625	%		1,415,000		1,311,123
05/30/2031		7.500	%		1,100,000		790,077
VZ Secured Financing BV^(a)
01/15/2032		5.000	%		3,250,000		2,660,666
Ziggo BV^(a)
01/15/2030		4.875	%		500,000		427,790

Total							75,810,224

Chemicals 0.3%
Axalta Coating Systems Dutch Holding B BV^(a)
02/15/2031		7.250	%		660,000		681,602
Braskem Netherlands Finance BV^(a)
01/31/2030		4.500	%		400,000		328,927
Cabot Corp.
07/01/2029		4.000	%		1,810,000		1,672,075
CF Industries, Inc.
03/15/2034		5.150	%		3,125,000		2,959,854
06/01/2043		4.950	%		1,700,000		1,441,168
Ecolab, Inc.
08/18/2055		2.750	%		333,000		202,928
EverArc Escrow Sarl^(a)
10/30/2029		5.000	%		300,000		243,638
FMC Corp.
05/18/2026		5.150	%		490,000		483,173
10/01/2029		3.450	%		1,005,000		868,491
10/01/2049		4.500	%		340,000		246,487
05/18/2053		6.375	%		2,695,000		2,555,600
GC Treasury Center Co., Ltd.^(a)
03/18/2031		2.980	%		750,000		606,339
03/30/2032		4.400	%		950,000		831,680
Huntsman International LLC
06/15/2031		2.950	%		7,375,000		5,974,206
Ingevity Corp.^(a)
11/01/2028		3.875	%		1,510,000		1,288,179
International Flavors & Fragrances, Inc.^(a)
10/15/2027		1.832	%		455,000		390,843
11/01/2030		2.300	%		5,075,000		4,032,368
11/15/2040		3.268	%		365,000		245,898
12/01/2050		3.468	%		470,000		296,729



Corporate Bonds & Notes (continued)

Issuer	Coupon Rate			Principal Amount ($)		Value ($)
International Flavors & Fragrances, Inc.
06/01/2047		4.375	%		1,115,000		802,933
09/26/2048		5.000	%		3,400,000		2,719,368
LYB International Finance III LLC
05/01/2050		4.200	%		1,505,000		1,107,157
LyondellBasell Industries NV
04/15/2024		5.750	%		713,000		711,907
Mosaic Co. (The)
11/15/2043		5.625	%		985,000		897,181
Nutrien Ltd.
11/07/2025		5.950	%		496,000		500,048
12/01/2036		5.875	%		141,000		140,062
03/27/2053		5.800	%		182,000		179,097
Olin Corp.
02/01/2030		5.000	%		1,560,000		1,432,350
Rain Carbon, Inc.^(a)
09/01/2029		12.250	%		650,000		662,957
Rain CII Carbon LLC/Corp.^(a)
04/01/2025		7.250	%		39,000		37,489
Sasol Financing USA LLC
03/27/2024		5.875	%		600,000		594,924

Total							35,135,658

Construction Machinery 0.2%
CNH Industrial Capital LLC
05/23/2025		3.950	%		2,940,000		2,868,271
01/12/2029		5.500	%		5,354,000		5,346,679
H&E Equipment Services, Inc.^(a)
12/15/2028		3.875	%		5,359,000		4,748,808
John Deere Capital Corp.
01/20/2028		4.750	%		1,208,000		1,202,905
07/14/2028		4.950	%		2,470,000		2,475,630
06/10/2030		4.700	%		2,762,000		2,729,004
Maxim Crane Works Holdings Capital LLC^(a)
09/01/2028		11.500	%		975,000		973,372
OT Merger Corp.^(a)
10/15/2029		7.875	%		350,000		198,468
Ritchie Bros Holdings, Inc.^(a)
03/15/2028		6.750	%		200,000		203,556
United Rentals North America, Inc.
01/15/2030		5.250	%		3,000,000		2,865,946
02/15/2031		3.875	%		1,664,000		1,448,215

Total							25,060,854

Consumer Cyclical Services 0.1%
ADT Security Corp. (The)^(a)
08/01/2029		4.125	%		1,645,000		1,461,937


Multi-Manager Total Return Bond Strategies Fund \| First Quarter Report 2023		29

PORTFOLIO OF INVESTMENTS (continued)

Multi-Manager Total Return Bond Strategies Fund, November 30, 2023 (Unaudited)



Corporate Bonds & Notes (continued)

Issuer	Coupon Rate			Principal Amount ($)		Value ($)
Allied Universal Holdco LLC/Finance Corp.^(a)
07/15/2026		6.625	%		2,300,000		2,236,074
06/01/2029		6.000	%		1,300,000		982,661
Allied Universal Holdco LLC/Finance Corp./Atlas Luxco 4 Sarl^(a)
06/01/2028		4.625	%		1,910,000		1,657,376
06/01/2028		4.625	%		990,000		859,624
ANGI Group LLC^(a)
08/15/2028		3.875	%		1,820,000		1,494,602
Expedia Group, Inc.^(a)
05/01/2025		6.250	%		1,094,000		1,099,169
Jones Lang LaSalle, Inc.
12/01/2028		6.875	%		979,000		1,003,552
Match Group Holdings II LLC^(a)
10/01/2031		3.625	%		1,785,000		1,476,674
WASH Multifamily Acquisition, Inc.^(a)
04/15/2026		5.750	%		600,000		564,796

Total							12,836,465

Consumer Products 0.1%
Central Garden & Pet Co.
10/15/2030		4.125	%		985,000		844,963
Energizer Holdings, Inc.^(a)
03/31/2029		4.375	%		1,335,000		1,150,500
Estee Lauder Companies, Inc. (The)
05/15/2033		4.650	%		676,000		646,678
Kenvue, Inc.
03/22/2028		5.050	%		705,000		709,699
03/22/2033		4.900	%		1,706,000		1,691,914
03/22/2043		5.100	%		566,000		551,704
03/22/2063		5.200	%		1,243,000		1,188,011
Mead Johnson Nutrition Co.
11/15/2025		4.125	%		616,000		604,755
Polaris, Inc.
03/15/2029		6.950	%		1,320,000		1,356,844
Scotts Miracle-Gro Co. (The)
12/15/2026		5.250	%		235,000		225,356
Spectrum Brands, Inc.^(a)
07/15/2030		5.500	%		643,000		599,997
SWF Escrow Issuer Corp.^(a)
10/01/2029		6.500	%		950,000		596,399
Tempur Sealy International, Inc.^(a)
04/15/2029		4.000	%		1,500,000		1,300,979
10/15/2031		3.875	%		365,000		293,451
Unilever Capital Corp.
12/08/2033		5.000	%		4,385,000		4,384,040
Whirlpool Corp.
03/01/2033		5.500	%		870,000		840,121

Total							16,985,411



Corporate Bonds & Notes (continued)

Issuer	Coupon Rate			Principal Amount ($)		Value ($)
Diversified Manufacturing 0.2%
Amsted Industries, Inc.^(a)
05/15/2030		4.625	%		1,685,000		1,454,198
Carrier Global Corp.
02/15/2030		2.722	%		291,000		250,458
Carrier Global Corp.^(a)
03/15/2034		5.900	%		465,000		478,530
Chart Industries, Inc.^(a)
01/01/2030		7.500	%		475,000		484,573
Emerald Debt Merger Sub LLC^(a)
12/15/2030		6.625	%		1,440,000		1,436,519
General Electric Co.^(b)
3-month Term SOFR + 0.742%
08/15/2036		6.121	%		5,380,000		4,842,368
Griffon Corp.
03/01/2028		5.750	%		525,000		496,160
Ingersoll Rand, Inc.
08/14/2033		5.700	%		3,495,000		3,537,442
Lennox International, Inc.
09/15/2028		5.500	%		1,232,000		1,236,347
Nordson Corp.
09/15/2028		5.600	%		585,000		597,830
09/15/2033		5.800	%		585,000		595,508
Otis Worldwide Corp.
08/16/2028		5.250	%		1,180,000		1,185,861
Trane Technologies Financing Ltd.
03/03/2033		5.250	%		585,000		581,106
Valmont Industries, Inc.
10/01/2054		5.250	%		2,050,000		1,709,010
Veralto Corp.^(a)
09/18/2033		5.450	%		420,000		417,679

Total							19,303,589

Electric 2.2%
AEP Texas Central Co.^(a)
10/01/2025		3.850	%		1,828,000		1,762,123
AEP Texas Central Co.
02/15/2033		6.650	%		1,385,000		1,450,397
AEP Transmission Co. LLC
08/15/2051		2.750	%		1,095,000		654,925
AES Corp. (The)^(a)
07/15/2025		3.300	%		2,730,000		2,610,053
AES Corp. (The)
01/15/2026		1.375	%		662,000		603,893
06/01/2028		5.450	%		1,052,000		1,042,751
01/15/2031		2.450	%		1,522,000		1,229,409


30		Multi-Manager Total Return Bond Strategies Fund \| First Quarter Report 2023

PORTFOLIO OF INVESTMENTS (continued)

Multi-Manager Total Return Bond Strategies Fund, November 30, 2023 (Unaudited)


Corporate Bonds & Notes (continued)

Issuer	Coupon Rate			Principal Amount ($)		Value ($)
Alabama Power Co.
12/01/2023		3.550	%		964,000		963,932
11/15/2033		5.850	%		692,000		715,434
Alliant Energy Finance LLC^(a)
03/30/2029		5.950	%		1,620,000		1,646,019
Ameren Corp.
02/15/2026		3.650	%		590,000		567,904
American Electric Power Co., Inc.^(l)
02/15/2062		3.875	%		2,855,000		2,348,051
Junior Subordinated
08/14/2025		5.699	%		5,700,000		5,705,377
American Transmission Systems, Inc.^(a)
01/15/2032		2.650	%		2,893,000		2,347,103
09/01/2044		5.000	%		749,000		660,420
Appalachian Power Co.
03/01/2049		4.500	%		432,000		339,299
Arizona Public Service Co.
12/15/2032		6.350	%		5,330,000		5,578,690
08/15/2048		4.200	%		570,000		429,973
Avangrid, Inc.
04/15/2025		3.200	%		1,614,000		1,558,178
06/01/2029		3.800	%		655,000		597,739
Black Hills Corp.
10/15/2029		3.050	%		488,000		421,262
Calpine Corp.^(a)
02/15/2028		4.500	%		2,250,000		2,126,851
03/15/2028		5.125	%		575,000		541,236
02/01/2029		4.625	%		2,000,000		1,813,303
02/01/2031		5.000	%		4,045,000		3,579,753
Cleveland Electric Illuminating Co. (The)^(a)
04/01/2028		3.500	%		3,293,000		3,030,813
Cleveland Electric Illuminating Co. (The)
12/15/2036		5.950	%		1,279,000		1,256,362
CMS Energy Corp.
02/15/2027		2.950	%		80,000		73,825
CMS Energy Corp.^(l)
06/01/2050		4.750	%		2,514,000		2,180,857
12/01/2050		3.750	%		386,000		289,666
Commonwealth Edison Co.
08/15/2047		3.750	%		409,000		306,615
Consolidated Edison Co. of New York, Inc.
03/15/2034		5.500	%		614,000		619,182
03/01/2035		5.300	%		171,000		165,847
06/15/2046		3.850	%		1,310,000		984,787
06/15/2047		3.875	%		1,640,000		1,235,696
11/15/2053		5.900	%		844,000		858,312
12/01/2056		4.300	%		308,000		237,808
Consumers Energy Co.
02/15/2029		4.900	%		1,566,000		1,558,131


Corporate Bonds & Notes (continued)

Issuer	Coupon Rate			Principal Amount ($)		Value ($)
Dominion Energy, Inc.^(k),(l)
		4.350	%		198,000		171,518
		4.650	%		5,000,000		4,654,395
Dominion Energy, Inc.
08/15/2026		2.850	%		750,000		698,361
11/15/2032		5.375	%		1,551,000		1,532,252
DTE Energy Co.
10/01/2026		2.850	%		10,155,000		9,479,984
Duke Energy Carolinas LLC
04/15/2031		2.550	%		370,000		309,009
12/15/2041		4.250	%		14,000		11,636
09/30/2042		4.000	%		617,000		493,841
06/01/2045		3.750	%		157,000		117,058
03/15/2046		3.875	%		46,000		34,790
01/15/2053		5.350	%		3,972,000		3,762,533
Duke Energy Corp.^(k),(l)
		4.875	%		213,000		208,117
Duke Energy Corp.
04/15/2024		3.750	%		3,373,000		3,349,495
09/01/2026		2.650	%		4,710,000		4,385,221
09/01/2046		3.750	%		1,416,000		1,026,319
Duke Energy Florida LLC
12/15/2031		2.400	%		1,234,000		1,000,568
11/15/2033		5.875	%		1,295,000		1,340,878
11/15/2052		5.950	%		739,000		759,366
Duke Energy Indiana LLC
10/01/2049		3.250	%		436,000		290,244
Duke Energy Ohio, Inc.
06/01/2030		2.125	%		430,000		354,841
06/15/2046		3.700	%		3,050,000		2,219,399
Duke Energy Progress LLC
03/15/2033		5.250	%		1,570,000		1,561,963
05/15/2042		4.100	%		1,437,000		1,165,969
03/15/2043		4.100	%		475,000		378,344
03/30/2044		4.375	%		770,000		635,467
08/15/2045		4.200	%		329,000		262,050
10/15/2046		3.700	%		312,000		225,990
09/15/2047		3.600	%		940,000		674,892
Duquesne Light Holdings, Inc.^(a)
10/01/2030		2.532	%		463,000		373,406
Edison International
08/15/2025		4.700	%		5,675,000		5,550,719
Enel Finance International NV^(a)
04/06/2028		3.500	%		2,370,000		2,175,887
Entergy Arkansas LLC
01/15/2033		5.150	%		480,000		469,351
04/01/2049		4.200	%		941,000		741,685
06/15/2051		2.650	%		212,000		121,954


Multi-Manager Total Return Bond Strategies Fund \| First Quarter Report 2023		31

PORTFOLIO OF INVESTMENTS (continued)

Multi-Manager Total Return Bond Strategies Fund, November 30, 2023 (Unaudited)


Corporate Bonds & Notes (continued)

Issuer	Coupon Rate			Principal Amount ($)		Value ($)
Entergy Corp.
09/15/2025		0.900	%		3,770,000		3,466,908
06/15/2030		2.800	%		348,000		296,128
06/15/2031		2.400	%		801,000		642,288
Entergy Louisiana LLC
10/01/2026		2.400	%		2,409,000		2,224,000
Entergy Mississippi LLC
09/01/2033		5.000	%		1,039,000		1,002,873
Entergy Texas, Inc.
03/30/2029		4.000	%		348,000		326,483
Evergy Kansas Central, Inc.
11/15/2033		5.900	%		2,185,000		2,236,015
03/15/2053		5.700	%		1,315,000		1,276,463
Evergy Metro, Inc.
06/01/2030		2.250	%		572,000		472,298
Eversource Energy
08/15/2025		0.800	%		662,000		610,077
08/15/2026		1.400	%		752,000		676,290
03/01/2027		2.900	%		1,335,000		1,235,618
07/01/2027		4.600	%		2,675,000		2,608,649
03/01/2028		5.450	%		1,024,000		1,026,309
02/01/2029		5.950	%		8,574,000		8,741,989
05/15/2033		5.125	%		703,000		678,840
Exelon Corp.
03/15/2028		5.150	%		1,648,000		1,647,041
04/15/2046		4.450	%		1,050,000		854,448
FirstEnergy Transmission LLC^(a)
09/15/2028		2.866	%		3,224,000		2,852,138
Florida Power & Light Co.
05/15/2030		4.625	%		677,000		662,915
05/15/2033		4.800	%		474,000		460,194
12/04/2051		2.875	%		359,000		229,047
Georgia Power Co.
09/15/2024		2.200	%		848,000		823,357
05/16/2028		4.650	%		575,000		564,870
Gulf Power Co.
10/01/2044		4.550	%		1,350,000		1,123,679
Idaho Power Co.
04/01/2054		5.800	%		1,243,000		1,237,959
Interstate Power and Light Co.
10/15/2033		5.700	%		2,765,000		2,784,320
11/30/2051		3.100	%		3,194,000		1,972,371
Interstate Power and Light, Co.
12/01/2024		3.250	%		552,000		538,143
IPALCO Enterprises, Inc.
05/01/2030		4.250	%		1,590,000		1,422,321


Corporate Bonds & Notes (continued)

Issuer	Coupon Rate			Principal Amount ($)		Value ($)
Jersey Central Power & Light Co.^(a)
04/01/2024		4.700	%		1,600,000		1,591,823
01/15/2026		4.300	%		2,000,000		1,938,287
03/01/2032		2.750	%		336,000		272,580
Jersey Central Power & Light Co.
06/01/2037		6.150	%		1,985,000		2,011,239
Kansas City Power & Light Co.
08/15/2025		3.650	%		665,000		644,651
Kentucky Utilities Co.
04/15/2033		5.450	%		494,000		494,797
Louisville Gas and Electric Co.
04/15/2033		5.450	%		494,000		494,740
Metropolitan Edison Co.^(a)
01/15/2029		4.300	%		1,928,000		1,827,191
Mississippi Power Co.
03/15/2042		4.250	%		414,000		331,708
Mong Duong Finance Holdings BV^(a)
05/07/2029		5.125	%		276,687		254,659
Monongahela Power Co.^(a)
05/15/2027		3.550	%		617,000		579,499
02/15/2034		5.850	%		1,187,000		1,193,961
Narragansett Electric Co. (The)^(a)
04/09/2030		3.395	%		2,179,000		1,932,308
National Rural Utilities Cooperative Finance Corp.
02/07/2024		2.950	%		3,765,000		3,744,508
11/13/2026		5.600	%		4,500,000		4,561,200
03/15/2030		2.400	%		1,347,000		1,133,337
04/15/2032		2.750	%		1,233,000		1,011,018
12/15/2032		4.150	%		309,000		281,453
01/15/2033		5.800	%		864,000		881,511
National Rural Utilities Cooperative Finance Corp.^(b)
3-month Term SOFR + 3.172%
04/30/2043		8.562	%		1,147,000		1,133,227
National Rural Utilities Cooperative Finance Corp.^(l)
09/15/2053		7.125	%		768,000		778,315
Subordinated
04/20/2046		5.250	%		1,687,000		1,607,058
Nevada Power Co.
03/15/2054		6.000	%		446,000		452,895
New England Power Co.^(a)
10/06/2050		2.807	%		3,670,000		2,146,857
NextEra Energy Capital Holdings, Inc.
09/01/2024		4.255	%		1,137,000		1,122,605
03/01/2025		6.051	%		1,522,000		1,527,825
01/15/2027		1.875	%		1,155,000		1,041,448
NextEra Energy Capital Holdings, Inc.^(l)
03/15/2082		3.800	%		1,497,000		1,245,747


32		Multi-Manager Total Return Bond Strategies Fund \| First Quarter Report 2023

PORTFOLIO OF INVESTMENTS (continued)

Multi-Manager Total Return Bond Strategies Fund, November 30, 2023 (Unaudited)


Corporate Bonds & Notes (continued)

Issuer	Coupon Rate			Principal Amount ($)		Value ($)
NRG Energy, Inc.^(a),(k),(l)
		10.250	%		600,000		592,983
NRG Energy, Inc.^(a)
12/02/2025		2.000	%		560,000		515,325
12/02/2027		2.450	%		2,420,000		2,120,566
02/15/2029		3.375	%		542,000		464,155
06/15/2029		5.250	%		1,875,000		1,750,259
02/15/2032		3.875	%		1,125,000		919,961
NRG Energy, Inc.
01/15/2027		6.625	%		954,000		947,672
NSTAR Electric Co.
08/15/2031		1.950	%		524,000		413,942
Oncor Electric Delivery Co. LLC
09/15/2032		4.550	%		1,238,000		1,169,998
Pacific Gas and Electric Co.
07/01/2030		4.550	%		5,735,000		5,271,829
04/15/2042		4.450	%		562,000		423,497
03/15/2045		4.300	%		948,000		682,592
07/01/2050		4.950	%		545,000		434,241
PacifiCorp
03/15/2051		3.300	%		680,000		416,400
PECO Energy Co.
05/15/2052		4.600	%		2,500,000		2,149,265
Pennsylvania Electric Co.^(a)
03/30/2026		5.150	%		883,000		873,466
03/15/2028		3.250	%		1,990,000		1,814,743
Public Service Co. of Colorado
04/01/2053		5.250	%		2,815,000		2,599,901
Public Service Electric and Gas Co.
08/01/2053		5.450	%		812,000		806,854
Public Service Enterprise Group, Inc.
08/15/2025		0.800	%		642,000		593,912
11/15/2027		5.850	%		895,000		914,191
08/15/2030		1.600	%		466,000		366,965
11/15/2031		2.450	%		2,062,000		1,664,838
San Diego Gas & Electric Co.
08/15/2028		4.950	%		1,148,000		1,144,530
South Carolina Electric & Gas Co.
05/15/2033		5.300	%		676,000		669,633
Southern California Edison Co.
03/01/2028		5.300	%		3,740,000		3,773,239
10/01/2028		5.650	%		2,520,000		2,566,839
Southern Co. (The)
07/01/2036		4.250	%		595,000		523,395
Southern Co. (The)^(l)
01/15/2051		4.000	%		1,166,000		1,092,639
09/15/2051		3.750	%		1,122,000		980,866
Junior Subordinated
08/01/2027		5.113	%		932,000		923,948


Corporate Bonds & Notes (continued)

Issuer	Coupon Rate			Principal Amount ($)		Value ($)
Southwestern Electric Power Co.
03/15/2026		1.650	%		1,096,000		1,008,697
10/01/2026		2.750	%		6,450,000		6,001,585
04/01/2033		5.300	%		700,000		673,009
Tampa Electric Co.
05/15/2044		4.350	%		434,000		341,640
Toledo Edison Co. (The)
05/15/2037		6.150	%		951,000		972,638
Tucson Electric Power Co.
12/01/2048		4.850	%		259,000		218,995
06/15/2050		4.000	%		2,690,000		1,982,442
Virginia Electric & Power Co.
03/15/2027		3.500	%		1,446,000		1,374,204
Virginia Electric and Power Co.
04/01/2053		5.450	%		955,000		906,572
08/15/2053		5.700	%		683,000		672,140
Vistra Corp.^(a),(k),(l)
		7.000	%		425,000		404,147
		8.000	%		4,650,000		4,543,403
Vistra Operations Co. LLC^(a)
07/15/2024		3.550	%		2,505,000		2,452,506
05/13/2025		5.125	%		5,190,000		5,110,340
02/15/2027		5.625	%		2,200,000		2,145,690
07/31/2027		5.000	%		2,000,000		1,905,150
05/01/2029		4.375	%		4,060,000		3,671,920
Vistra Operations Co., LLC^(a)
01/30/2027		3.700	%		885,000		824,151
WEC Energy Group, Inc.
09/27/2025		5.000	%		304,000		301,332
10/01/2027		5.150	%		426,000		426,561
10/15/2027		1.375	%		1,094,000		946,790
12/15/2028		2.200	%		746,000		645,301
Wisconsin Electric Power Co.
06/15/2028		1.700	%		680,000		591,691
Wisconsin Public Service Corp.
12/01/2042		3.671	%		814,000		605,730
Xcel Energy, Inc.
08/15/2033		5.450	%		1,855,000		1,837,754

Total							265,706,988

Environmental 0.1%
GFL Environmental, Inc.^(a),(e)
01/15/2031		6.750	%		710,000		716,212
Waste Connections, Inc.
04/01/2050		3.050	%		885,000		588,568
Waste Management, Inc.
02/15/2029		4.875	%		425,000		425,031
06/01/2029		2.000	%		330,000		284,024
02/15/2030		4.625	%		673,000		659,941
02/15/2033		4.625	%		831,000		803,774


Multi-Manager Total Return Bond Strategies Fund \| First Quarter Report 2023		33

PORTFOLIO OF INVESTMENTS (continued)

Multi-Manager Total Return Bond Strategies Fund, November 30, 2023 (Unaudited)


Corporate Bonds & Notes (continued)

Issuer	Coupon Rate			Principal Amount ($)		Value ($)
02/15/2034		4.875	%		2,137,000		2,096,766
Waste Pro USA, Inc.^(a)
02/15/2026		5.500	%		1,650,000		1,556,690

Total							7,131,006

Finance Companies 0.8%
AerCap Ireland Capital DAC/Global Aviation Trust
02/15/2024		3.150	%		3,225,000		3,205,051
10/01/2025		4.450	%		1,889,000		1,835,816
10/29/2026		2.450	%		445,000		405,372
10/29/2028		3.000	%		5,655,000		4,987,780
01/30/2032		3.300	%		2,100,000		1,741,752
Air Lease Corp.
03/01/2025		3.250	%		2,500,000		2,413,207
07/01/2025		3.375	%		2,750,000		2,639,643
01/15/2026		2.875	%		2,075,000		1,952,292
08/15/2026		1.875	%		2,285,000		2,067,061
12/01/2027		3.625	%		465,000		430,270
Aircastle Ltd.^(a)
01/26/2028		2.850	%		3,335,000		2,902,820
07/18/2028		6.500	%		1,725,000		1,720,813
Ares Capital Corp.
03/01/2025		4.250	%		210,000		203,504
01/15/2027		7.000	%		2,665,000		2,693,875
06/15/2028		2.875	%		845,000		721,196
Aviation Capital Group LLC^(a)
12/15/2024		5.500	%		1,030,000		1,017,525
Avolon Holdings Funding Ltd.^(a)
07/01/2024		3.950	%		750,000		737,644
02/15/2025		2.875	%		2,905,000		2,776,812
11/18/2027		2.528	%		2,930,000		2,535,953
Bain Capital Specialty Finance, Inc.
10/13/2026		2.550	%		3,250,000		2,859,622
Barings BDC, Inc.
11/23/2026		3.300	%		1,230,000		1,101,582
Blackstone Private Credit Fund
12/15/2026		2.625	%		5,265,000		4,635,553
Blackstone Private Credit Fund^(a)
11/27/2028		7.300	%		1,025,000		1,022,375
Blackstone Secured Lending Fund
09/30/2028		2.850	%		2,850,000		2,385,057
Blue Owl Capital Corp. II^(a)
11/15/2026		8.450	%		1,805,000		1,839,469
Blue Owl Credit Income Corp.
09/16/2027		7.750	%		953,000		952,387
Blue Owl Credit Income Corp.^(a)
06/13/2028		7.950	%		4,670,000		4,683,827
FirstCash, Inc.^(a)
01/01/2030		5.625	%		1,500,000		1,404,157


Corporate Bonds & Notes (continued)

Issuer	Coupon Rate			Principal Amount ($)		Value ($)
Freedom Mortgage Corp.^(a)
10/01/2028		12.000	%		450,000		474,952
FS KKR Capital Corp.
10/12/2028		3.125	%		2,650,000		2,233,657
01/15/2029		7.875	%		3,530,000		3,592,632
GATX Corp.
05/01/2034		6.900	%		4,253,000		4,480,520
GGAM Finance Ltd.^(a)
02/15/2027		8.000	%		2,055,000		2,072,938
Golub Capital BDC, Inc.
08/24/2026		2.500	%		4,625,000		4,112,082
Golub Capital BDC, Inc.^(e)
12/05/2028		7.050	%		1,870,000		1,847,635
Hercules Capital, Inc.
01/20/2027		3.375	%		3,675,000		3,269,042
Main Street Capital Corp.
07/14/2026		3.000	%		2,690,000		2,422,831
Morgan Stanley Direct Lending Fund
02/11/2027		4.500	%		2,360,000		2,230,093
Nationstar Mortgage Holdings Inc.^(a)
08/15/2028		5.500	%		1,050,000		978,120
Nationstar Mortgage Holdings, Inc.^(a)
12/15/2030		5.125	%		800,000		691,259
Navient Corp.
03/15/2027		5.000	%		1,555,000		1,451,432
Owl Rock Capital Corp.
07/22/2025		3.750	%		1,075,000		1,018,609
01/15/2026		4.250	%		1,370,000		1,294,484
Owl Rock Technology Finance Corp.^(a)
12/15/2025		4.750	%		4,810,000		4,496,922
Park Aerospace Holdings Ltd.^(a)
02/15/2024		5.500	%		379,000		377,954
Quicken Loans LLC/Co-Issuer, Inc.^(a)
03/01/2031		3.875	%		1,490,000		1,259,797
Sixth Street Specialty Lending, Inc.
08/14/2028		6.950	%		819,000		823,723
SMBC Aviation Capital Finance DAC^(a)
07/25/2033		5.700	%		1,275,000		1,228,298
Springleaf Finance Corp.
03/15/2024		6.125	%		1,300,000		1,299,741

Total							99,529,136

Food and Beverage 0.8%
Anheuser-Busch Companies LLC/InBev Worldwide, Inc.
02/01/2046		4.900	%		9,756,000		9,027,673
Anheuser-Busch InBev Worldwide, Inc.
01/23/2039		5.450	%		840,000		842,539


34		Multi-Manager Total Return Bond Strategies Fund \| First Quarter Report 2023

PORTFOLIO OF INVESTMENTS (continued)

Multi-Manager Total Return Bond Strategies Fund, November 30, 2023 (Unaudited)


Corporate Bonds & Notes (continued)

Issuer	Coupon Rate			Principal Amount ($)		Value ($)
B&G Foods, Inc.
04/01/2025		5.250	%		772,000		758,884
09/15/2027		5.250	%		1,075,000		936,109
Bacardi Ltd.^(a)
05/15/2048		5.300	%		1,060,000		946,204
Cargill Inc.^(a)
11/10/2031		2.125	%		1,346,000		1,081,194
Cargill, Inc.^(a)
04/22/2025		3.500	%		2,449,000		2,392,660
06/24/2026		4.500	%		2,000,000		1,971,716
04/23/2030		2.125	%		750,000		633,214
02/02/2031		1.700	%		826,000		654,819
Coca-Cola Europacific Partners PLC^(a)
05/03/2024		0.800	%		6,295,000		6,148,565
Constellation Brands, Inc.
12/01/2025		4.750	%		578,000		571,419
J M Smucker Co. (The)
11/15/2043		6.500	%		1,455,000		1,518,560
11/15/2053		6.500	%		120,000		127,477
JBS SA/Food Co./Finance, Inc.
02/01/2028		5.125	%		2,025,000		1,965,737
02/02/2029		3.000	%		1,955,000		1,665,461
12/01/2031		3.750	%		3,055,000		2,528,184
05/15/2032		3.000	%		3,255,000		2,526,540
12/01/2052		6.500	%		2,535,000		2,361,784
JBS USA LUX SA/Food Co./Luxembourg SARL^(a)
03/15/2034		6.750	%		6,765,000		6,820,012
11/15/2053		7.250	%		7,635,000		7,724,210
Kraft Heinz Foods Co.
01/26/2039		6.875	%		796,000		871,390
10/01/2039		4.625	%		950,000		831,843
02/09/2040		6.500	%		1,215,000		1,287,348
06/01/2046		4.375	%		1,445,000		1,178,565
Kraft Heinz Foods Co. (The)
07/15/2045		5.200	%		1,205,000		1,102,224
Mars, Inc.^(a)
04/01/2039		3.875	%		1,040,000		858,684
07/16/2040		2.375	%		964,000		631,545
Minerva Luxembourg SA^(a)
09/13/2033		8.875	%		3,800,000		3,844,461
Molson Coors Brewing Co.
07/15/2046		4.200	%		415,000		329,182
Nestle Holdings, Inc.^(a)
10/01/2027		4.125	%		1,167,000		1,142,846
09/15/2030		1.250	%		1,147,000		913,832
09/24/2038		3.900	%		950,000		827,973
PepsiCo, Inc.
11/10/2026		5.125	%		1,353,000		1,365,986


Corporate Bonds & Notes (continued)

Issuer	Coupon Rate			Principal Amount ($)		Value ($)
Pilgrim’s Pride Corp.
04/15/2031		4.250	%		2,000,000		1,732,065
03/01/2032		3.500	%		6,479,000		5,246,044
07/01/2033		6.250	%		625,000		616,082
Post Holdings, Inc.^(a)
03/01/2027		5.750	%		2,676,000		2,630,360
12/15/2029		5.500	%		2,210,000		2,078,521
04/15/2030		4.625	%		2,684,000		2,397,643
Primo Water Holdings, Inc.^(a)
04/30/2029		4.375	%		1,610,000		1,432,369
Simmons Foods, Inc./Prepared Foods, Inc./Pet Food, Inc./Feed^(a)
03/01/2029		4.625	%		1,800,000		1,494,000
Smithfield Foods, Inc.^(a)
02/01/2027		4.250	%		2,500,000		2,350,006
10/15/2030		3.000	%		2,020,000		1,597,124
Sysco Corp.
01/17/2034		6.000	%		2,475,000		2,577,857
Triton Water Holdings, Inc.^(a)
04/01/2029		6.250	%		2,615,000		2,239,219

Total							94,780,130

Foreign Agencies 0.0%
PT Bank Mandiri Persero Tbk^(a)
04/11/2024		3.750	%		850,000		842,780

Gaming 0.4%
Caesars Entertainment, Inc.^(a)
10/15/2029		4.625	%		3,100,000		2,723,518
02/15/2030		7.000	%		950,000		951,197
CCM Merger, Inc.^(a)
05/01/2026		6.375	%		1,225,000		1,177,345
Colt Merger Sub, Inc.^(a)
07/01/2025		6.250	%		175,000		174,065
GLP Capital LP/Financing II, Inc.
04/15/2026		5.375	%		870,000		851,781
01/15/2029		5.300	%		765,000		731,202
01/15/2030		4.000	%		4,500,000		3,949,571
01/15/2031		4.000	%		510,000		436,015
01/15/2032		3.250	%		3,018,000		2,425,865
12/01/2033		6.750	%		785,000		792,512
Golden Entertainment, Inc.^(a)
04/15/2026		7.625	%		1,720,000		1,729,217
International Game Technology PLC^(a)
02/15/2025		6.500	%		975,000		974,027
01/15/2027		6.250	%		400,000		399,331
Jacobs Entertainment, Inc.^(a)
02/15/2029		6.750	%		1,675,000		1,499,561


Multi-Manager Total Return Bond Strategies Fund \| First Quarter Report 2023		35

PORTFOLIO OF INVESTMENTS (continued)

Multi-Manager Total Return Bond Strategies Fund, November 30, 2023 (Unaudited)


Corporate Bonds & Notes (continued)

Issuer	Coupon Rate			Principal Amount ($)		Value ($)
MGM Resorts International
05/01/2025		6.750	%		1,150,000		1,154,101
09/01/2026		4.625	%		188,000		180,622
04/15/2027		5.500	%		1,500,000		1,453,626
10/15/2028		4.750	%		1,575,000		1,457,232
Penn National Gaming, Inc.^(a)
07/01/2029		4.125	%		2,110,000		1,756,784
Premier Entertainment Sub LLC/Finance Corp.^(a)
09/01/2031		5.875	%		2,575,000		1,831,088
Sands China Ltd.
08/08/2028		5.400	%		1,000,000		957,264
VICI Properties LP
02/15/2030		4.950	%		515,000		478,865
05/15/2032		5.125	%		4,096,000		3,769,831
05/15/2052		5.625	%		1,110,000		956,305
VICI Properties LP/Note Co., Inc.^(a)
06/15/2025		4.625	%		220,000		214,126
09/01/2026		4.500	%		2,740,000		2,608,157
02/01/2027		5.750	%		545,000		536,005
02/15/2027		3.750	%		2,000,000		1,851,725
01/15/2028		4.500	%		146,000		135,464
02/15/2029		3.875	%		1,370,000		1,216,743
08/15/2030		4.125	%		249,000		217,369
Wynn Macau Ltd.^(a)
01/15/2026		5.500	%		1,625,000		1,544,607
Wynn Resorts Finance LLC/Capital Corp.^(a)
10/01/2029		5.125	%		1,000,000		903,990

Total							42,039,111

Health Care 1.3%
Abbott Laboratories
11/30/2046		4.900	%		205,000		197,601
AdaptHealth LLC^(a)
08/01/2028		6.125	%		1,620,000		1,388,846
08/01/2029		4.625	%		925,000		730,856
Barnabas Health, Inc.
07/01/2028		4.000	%		3,200,000		3,015,110
Becton Dickinson and Co.
12/15/2024		3.734	%		44,000		43,140
02/13/2028		4.693	%		1,459,000		1,437,921
08/22/2032		4.298	%		2,913,000		2,706,129
05/15/2044		4.875	%		1,555,000		1,313,325
Catalent Pharma Solutions, Inc.^(a)
07/15/2027		5.000	%		700,000		661,282
02/15/2029		3.125	%		1,000,000		837,514
Cigna Corp.
03/01/2027		3.400	%		2,190,000		2,079,724
08/15/2038		4.800	%		429,000		395,926
07/15/2046		4.800	%		2,070,000		1,826,044
03/15/2051		3.400	%		1,215,000		833,558


Corporate Bonds & Notes (continued)

Issuer	Coupon Rate			Principal Amount ($)		Value ($)
CommonSpirit Health
10/01/2025		1.547	%		3,000,000		2,781,315
11/01/2042		4.350	%		120,000		97,705
CVS Health Corp.
07/20/2025		3.875	%		1,002,000		977,283
02/21/2030		5.125	%		3,805,000		3,750,808
09/15/2031		2.125	%		903,000		716,321
02/21/2033		5.250	%		328,000		322,672
06/01/2033		5.300	%		531,000		522,956
07/20/2035		4.875	%		720,000		671,780
03/25/2038		4.780	%		8,665,000		7,788,641
04/01/2040		4.125	%		1,899,000		1,537,542
08/21/2040		2.700	%		996,000		665,696
07/20/2045		5.125	%		176,000		156,384
03/25/2048		5.050	%		4,367,000		3,831,828
06/01/2053		5.875	%		4,125,000		4,044,971
06/01/2063		6.000	%		777,000		761,409
DaVita, Inc.^(a)
06/01/2030		4.625	%		2,495,000		2,109,114
02/15/2031		3.750	%		1,335,000		1,044,844
Dentsply Sirona, Inc.
06/01/2030		3.250	%		1,347,000		1,154,904
Duke University Health System, Inc.
06/01/2047		3.920	%		875,000		691,706
Embecta Corp.^(a)
02/15/2030		5.000	%		1,500,000		1,260,328
Fresenius Medical Care US Finance III, Inc.^(a)
12/01/2026		1.875	%		3,564,000		3,129,764
GE HealthCare Technologies, Inc.
11/15/2024		5.550	%		5,095,000		5,081,804
HCA, Inc.
02/01/2025		5.375	%		2,900,000		2,882,903
04/15/2025		5.250	%		1,659,000		1,646,073
06/15/2025		7.690	%		750,000		769,651
06/15/2026		5.250	%		3,135,000		3,107,782
02/15/2027		4.500	%		679,000		658,340
03/15/2027		3.125	%		687,000		636,959
12/01/2027		7.050	%		10,000		10,400
06/15/2029		4.125	%		3,850,000		3,569,824
09/01/2030		3.500	%		3,874,000		3,407,688
07/15/2031		2.375	%		1,580,000		1,257,517
03/15/2032		3.625	%		1,605,000		1,383,489
06/15/2047		5.500	%		2,515,000		2,261,028
06/15/2049		5.250	%		2,165,000		1,880,410
07/15/2051		3.500	%		1,697,000		1,107,993
IQVIA, Inc.^(a)
05/15/2028		5.700	%		7,875,000		7,847,872
02/01/2029		6.250	%		2,605,000		2,645,838
Laboratory Corp. of America Holdings
09/01/2024		3.250	%		2,561,000		2,510,643
Legacy LifePoint Health LLC^(a)
02/15/2027		4.375	%		1,575,000		1,379,046


36		Multi-Manager Total Return Bond Strategies Fund \| First Quarter Report 2023

PORTFOLIO OF INVESTMENTS (continued)

Multi-Manager Total Return Bond Strategies Fund, November 30, 2023 (Unaudited)


Corporate Bonds & Notes (continued)

Issuer	Coupon Rate			Principal Amount ($)		Value ($)
Mayo Clinic
11/15/2052		4.128	%		750,000		624,729
McKesson Corp.
02/15/2026		5.250	%		1,088,000		1,085,686
08/15/2026		1.300	%		1,820,000		1,645,559
07/15/2033		5.100	%		11,330,000		11,159,395
Medtronic Global Holdings SCA
03/30/2033		4.500	%		1,465,000		1,410,305
Memorial Sloan-Kettering Cancer Center
07/01/2052		4.125	%		1,130,000		905,615
ModivCare Escrow Issuer, Inc.^(a)
10/01/2029		5.000	%		2,800,000		2,142,454
Mozart Debt Merger Sub, Inc.^(a)
04/01/2029		3.875	%		4,580,000		4,066,150
10/01/2029		5.250	%		1,925,000		1,747,054
New York and Presbyterian Hospital (The)
08/01/2119		3.954	%		305,000		207,301
NYU Langone Hospitals
07/01/2043		5.750	%		705,000		700,569
Quest Diagnostics, Inc.
06/30/2030		2.950	%		380,000		326,787
06/30/2031		2.800	%		425,000		356,878
11/30/2033		6.400	%		912,000		966,388
RegionalCare Hospital Partners Holdings, Inc./LifePoint Health, Inc.^(a)
12/01/2026		9.750	%		2,875,000		2,791,113
Tenet Healthcare Corp.
11/01/2027		5.125	%		1,450,000		1,392,717
10/01/2028		6.125	%		2,725,000		2,640,702
06/01/2029		4.250	%		425,000		380,778
01/15/2030		4.375	%		4,100,000		3,664,372
Texas Health Resources
11/15/2055		4.330	%		700,000		583,380
Thermo Fisher Scientific, Inc.^(e)
01/31/2029		5.000	%		5,261,000		5,268,948
Thermo Fisher Scientific, Inc.
08/10/2030		4.977	%		1,705,000		1,703,933
08/10/2033		5.086	%		1,283,000		1,280,743
08/10/2043		5.404	%		684,000		683,841
Universal Health Services, Inc.
09/01/2026		1.650	%		2,485,000		2,230,941
10/15/2030		2.650	%		2,485,000		2,019,993
Zimmer Biomet Holdings, Inc.^(e)
12/01/2028		5.350	%		1,053,000		1,055,404

Total							152,571,942

Healthcare Insurance 0.4%
Aetna, Inc.
06/15/2036		6.625	%		624,000		671,406


Corporate Bonds & Notes (continued)

Issuer	Coupon Rate			Principal Amount ($)		Value ($)
Centene Corp.
12/15/2027		4.250	%		4,010,000		3,783,519
07/15/2028		2.450	%		3,832,000		3,320,608
12/15/2029		4.625	%		850,000		789,521
10/15/2030		3.000	%		7,539,000		6,273,073
08/01/2031		2.625	%		625,000		496,395
Elevance Health, Inc.
02/08/2026		4.900	%		596,000		589,974
Health Care Service Corp., a Mutual Legal Reserve Co.^(a)
06/01/2025		1.500	%		577,000		542,864
Humana, Inc.
12/01/2028		5.750	%		3,025,000		3,086,231
03/15/2034		5.950	%		1,522,000		1,566,842
UnitedHealth Group, Inc.
05/15/2032		4.200	%		1,374,000		1,294,908
08/15/2039		3.500	%		617,000		495,389
05/15/2040		2.750	%		366,000		261,819
05/15/2041		3.050	%		190,000		140,388
07/15/2045		4.750	%		443,000		404,675
10/15/2047		3.750	%		473,000		366,582
05/15/2051		3.250	%		3,750,000		2,627,041
02/15/2053		5.875	%		1,429,000		1,519,346
04/15/2053		5.050	%		10,458,000		9,915,358
04/15/2063		5.200	%		3,953,000		3,778,618
Wellpoint, Inc.
08/15/2024		3.500	%		1,928,000		1,896,529

Total							43,821,086

Healthcare REIT 0.2%
Diversified Healthcare Trust
06/15/2025		9.750	%		1,062,000		1,053,781
03/01/2031		4.375	%		1,500,000		1,069,083
Healthcare Realty Holdings LP
01/15/2028		3.625	%		435,000		393,391
03/15/2030		2.400	%		1,514,000		1,193,848
03/15/2031		2.050	%		400,000		296,681
Healthcare Trust of America Holdings LP
02/15/2030		3.100	%		1,246,000		1,058,561
03/15/2031		2.000	%		2,960,000		2,289,620
Healthpeak OP LLC
12/15/2032		5.250	%		3,716,000		3,594,010
MPT Operating Partnership LP/Finance Corp.
03/15/2031		3.500	%		1,850,000		1,141,810
Omega Healthcare Investors, Inc.
01/15/2025		4.500	%		975,000		953,370
Physicians Realty LP
03/15/2027		4.300	%		380,000		363,675
01/15/2028		3.950	%		77,000		71,610
11/01/2031		2.625	%		1,750,000		1,383,048
Sabra Health Care LP
12/01/2031		3.200	%		574,000		449,091


Multi-Manager Total Return Bond Strategies Fund \| First Quarter Report 2023		37

PORTFOLIO OF INVESTMENTS (continued)

Multi-Manager Total Return Bond Strategies Fund, November 30, 2023 (Unaudited)


Corporate Bonds & Notes (continued)

Issuer	Coupon Rate			Principal Amount ($)		Value ($)
Senior Housing Properties Trust
05/01/2024		4.750	%		1,100,000		1,045,685
02/15/2028		4.750	%		25,000		18,263
Welltower, Inc.
06/01/2031		2.800	%		8,255,000		6,877,177

Total							23,252,704

Home Construction 0.2%
Ashton Woods USA LLC/Finance Co.^(a)
01/15/2028		6.625	%		1,700,000		1,604,419
Brookfield Residential Properties, Inc./US Corp.^(a)
09/15/2027		6.250	%		1,560,000		1,472,450
02/15/2030		4.875	%		2,575,000		2,174,351
Century Communities, Inc.
06/01/2027		6.750	%		2,375,000		2,375,529
Empire Communities Corp.^(a)
12/15/2025		7.000	%		4,225,000		4,055,728
KB Home
06/15/2031		4.000	%		1,075,000		912,591
M/I Homes, Inc.
02/01/2028		4.950	%		650,000		617,452
Mattamy Group Corp.^(a)
03/01/2030		4.625	%		4,500,000		3,970,945
MDC Holdings, Inc.
08/06/2061		3.966	%		3,540,000		2,093,952
Meritage Homes Corp.
06/06/2027		5.125	%		2,000,000		1,933,091
PulteGroup, Inc.
03/01/2026		5.500	%		737,000		738,007
Taylor Morrison Communities, Inc.^(a)
01/15/2028		5.750	%		2,000,000		1,946,275
08/01/2030		5.125	%		614,000		565,667

Total							24,460,457

Independent Energy 0.6%
Aker BP ASA^(a)
01/15/2030		3.750	%		300,000		266,614
01/15/2031		4.000	%		6,640,000		5,882,177
06/13/2033		6.000	%		1,250,000		1,251,226
Antero Resources Corp.^(a)
02/01/2029		7.625	%		600,000		615,154
Ascent Resources Utica Holdings LLC/ARU Finance Corp.^(a)
11/01/2026		7.000	%		600,000		592,383
11/01/2027		9.000	%		150,000		189,903
12/31/2028		8.250	%		2,500,000		2,511,095
Canadian Natural Resources Ltd.
06/30/2033		6.450	%		730,000		751,482
02/15/2037		6.500	%		1,368,000		1,390,141


Corporate Bonds & Notes (continued)

Issuer	Coupon Rate			Principal Amount ($)		Value ($)
Chesapeake Energy Corp.^(a)
02/01/2026		5.500	%		2,000,000		1,968,204
CNX Resources Corp.^(a)
03/14/2027		7.250	%		1,475,000		1,468,126
ConocoPhillips Co.
03/15/2042		3.758	%		1,928,000		1,529,923
05/15/2053		5.300	%		682,000		660,308
03/15/2054		5.550	%		1,356,000		1,350,092
09/15/2063		5.700	%		1,370,000		1,384,511
Continental Resources, Inc.
06/01/2024		3.800	%		1,683,000		1,663,347
Crescent Energy Finance LLC^(a)
05/01/2026		7.250	%		892,000		886,167
02/15/2028		9.250	%		1,335,000		1,379,169
Devon Energy Corp.
09/15/2024		5.250	%		78,000		77,554
07/15/2041		5.600	%		1,875,000		1,723,481
Diamondback Energy, Inc.
12/01/2026		3.250	%		1,905,000		1,808,776
03/24/2031		3.125	%		3,565,000		3,073,116
03/15/2033		6.250	%		265,000		274,428
03/15/2052		4.250	%		2,142,000		1,617,981
Energean Israel Finance Ltd.^(a)
03/30/2026		4.875	%		1,321,000		1,209,819
03/30/2028		5.375	%		2,518,000		2,192,178
Hess Corp.
04/01/2027		4.300	%		1,902,000		1,853,557
Hilcorp Energy I LP/Finance Co.^(a)
04/15/2030		6.000	%		825,000		769,741
02/01/2031		6.000	%		1,560,000		1,447,318
04/15/2032		6.250	%		2,350,000		2,171,882
11/01/2033		8.375	%		450,000		463,582
Lundin Energy Finance BV^(a)
07/15/2026		2.000	%		5,128,000		4,675,406
07/15/2031		3.100	%		1,575,000		1,300,488
Occidental Petroleum Corp.
07/15/2027		8.500	%		213,000		229,881
01/01/2031		6.125	%		600,000		606,656
05/01/2031		7.500	%		556,000		604,144
03/15/2046		6.600	%		633,000		648,528
Ovintiv, Inc.
05/15/2028		5.650	%		5,513,000		5,499,321
07/15/2033		6.250	%		543,000		542,120
07/15/2053		7.100	%		1,204,000		1,248,564
Pioneer Natural Resources Co.
03/29/2026		5.100	%		3,350,000		3,340,749
Santos Finance Ltd.^(a)
09/19/2033		6.875	%		8,790,000		8,870,767


38		Multi-Manager Total Return Bond Strategies Fund \| First Quarter Report 2023

PORTFOLIO OF INVESTMENTS (continued)

Multi-Manager Total Return Bond Strategies Fund, November 30, 2023 (Unaudited)


Corporate Bonds & Notes (continued)

Issuer	Coupon Rate			Principal Amount ($)		Value ($)
Southwestern Energy Co.
02/01/2032		4.750	%		1,550,000		1,384,801

Total							73,374,860

Integrated Energy 0.1%
BP Capital Markets America, Inc.
09/11/2033		4.893	%		605,000		590,745
06/04/2051		2.939	%		1,396,000		903,300
BP Capital Markets PLC^(k),(l)
		4.375	%		5,000,000		4,829,984
		4.875	%		825,000		744,253
Cenovus Energy, Inc.
06/15/2047		5.400	%		423,000		377,914
02/15/2052		3.750	%		3,750,000		2,600,969
Chevron Corp.
05/11/2050		3.078	%		1,540,000		1,086,098
Exxon Mobil Corp.
04/15/2051		3.452	%		2,735,000		2,025,291
Reliance Industries Ltd.^(a)
01/12/2052		3.625	%		1,300,000		870,238

Total							14,028,792

Leisure 0.1%
Carnival Corp.^(a)
03/01/2027		5.750	%		1,450,000		1,376,812
05/01/2029		6.000	%		325,000		299,029
NCL Corp., Ltd.^(a)
03/15/2026		5.875	%		700,000		662,719
NCL Finance Ltd.^(a)
03/15/2028		6.125	%		975,000		886,149
Royal Caribbean Cruises Ltd.^(a)
08/31/2026		5.500	%		275,000		267,702
01/15/2029		9.250	%		750,000		797,713
01/15/2030		7.250	%		300,000		305,538
Viking Cruises Ltd.^(a)
09/15/2027		5.875	%		1,575,000		1,485,328

Total							6,080,990

Life Insurance 0.9%
AIG Global Funding^(a)
09/22/2025		0.900	%		3,545,000		3,261,996
Athene Global Funding^(a)
06/29/2026		1.608	%		2,930,000		2,601,763
03/08/2027		3.205	%		1,430,000		1,292,173
03/24/2028		2.500	%		1,620,000		1,399,589
08/19/2028		1.985	%		4,380,000		3,663,132
01/07/2029		2.717	%		320,000		270,847
Brighthouse Financial Global Funding^(a)
01/13/2025		1.750	%		3,210,000		3,053,655


Corporate Bonds & Notes (continued)

Issuer	Coupon Rate			Principal Amount ($)		Value ($)
Brighthouse Financial, Inc.^(a)
12/15/2023		1.200	%		4,580,000		4,567,230
CNO Global Funding^(a)
01/06/2029		2.650	%		5,235,000		4,405,022
Corebridge Financial, Inc.
04/05/2029		3.850	%		1,480,000		1,356,026
04/05/2032		3.900	%		2,961,000		2,596,670
Corebridge Financial, Inc.^(a)
09/15/2033		6.050	%		991,000		1,002,827
Corebridge Financial, Inc.^(l)
12/15/2052		6.875	%		2,014,000		1,935,646
Equitable Financial Life Global Funding^(a)
12/02/2025		5.500	%		4,165,000		4,130,736
F&G Global Funding^(a)
07/07/2025		5.150	%		4,475,000		4,372,479
09/20/2028		2.000	%		2,160,000		1,789,303
GA Global Funding Trust^(a)
12/08/2023		1.250	%		2,260,000		2,257,061
01/06/2027		2.250	%		5,780,000		5,163,962
Great-West Lifeco US Finance 2020 LP^(a)
08/12/2025		0.904	%		4,190,000		3,852,623
Hill City Funding Trust^(a)
08/15/2041		4.046	%		2,750,000		1,879,946
Jackson National Life Global Funding^(a)
01/12/2025		1.750	%		4,800,000		4,557,728
04/12/2028		5.250	%		1,200,000		1,139,014
Lincoln National Corp.
01/15/2031		3.400	%		6,000,000		5,008,533
06/15/2040		7.000	%		930,000		966,558
MetLife, Inc.
07/15/2033		5.375	%		1,745,000		1,738,810
Metropolitan Life Global Funding I^(a)
08/25/2029		4.300	%		4,965,000		4,698,529
New York Life Global Funding^(a)
09/18/2026		5.450	%		2,900,000		2,921,623
08/01/2031		1.850	%		3,755,000		2,928,359
New York Life Insurance Co.^(a)
Subordinated
05/15/2050		3.750	%		2,545,000		1,861,279
Northwestern Mutual Global Funding^(a)
06/01/2028		1.700	%		1,265,000		1,086,498
06/12/2028		4.900	%		5,740,000		5,652,931
Northwestern Mutual Life Insurance Co. (The)^(a)
Subordinated
03/30/2051		3.450	%		372,000		251,302
Pine Street Trust II^(a)
02/15/2049		5.568	%		1,890,000		1,600,204


Multi-Manager Total Return Bond Strategies Fund \| First Quarter Report 2023		39

PORTFOLIO OF INVESTMENTS (continued)

Multi-Manager Total Return Bond Strategies Fund, November 30, 2023 (Unaudited)


Corporate Bonds & Notes (continued)

Issuer	Coupon Rate			Principal Amount ($)		Value ($)
Protective Life Global Funding^(a)
01/13/2025		1.646	%		2,970,000		2,842,240
Reliance Standard Life Global Funding II^(a)
05/07/2025		2.750	%		4,340,000		4,129,007
RGA Global Funding^(a)
11/21/2028		6.000	%		727,000		733,622
01/18/2029		2.700	%		3,655,000		3,158,678
Teachers Insurance & Annuity Association of America^(a)
Subordinated
09/15/2044		4.900	%		2,791,000		2,478,803
05/15/2047		4.270	%		4,785,000		3,874,435
05/15/2050		3.300	%		3,980,000		2,645,159

Total							109,125,998

Lodging 0.0%
Hyatt Hotels Corp.
01/30/2027		5.750	%		2,780,000		2,814,775
Marriott International, Inc.
10/15/2032		3.500	%		3,400,000		2,889,491

Total							5,704,266

Media and Entertainment 0.4%
AMC Networks, Inc.
04/01/2024		5.000	%		1,300,000		1,299,010
Diamond Sports Group LLC/Finance Co.^(a),(m)
08/15/2026		0.000	%		7,810,000		191,639
Discovery Communications LLC
05/15/2049		5.300	%		1,063,000		868,726
09/15/2055		4.000	%		1,298,000		856,961
Fox Corp.
10/13/2033		6.500	%		7,975,000		8,299,907
Gray Television, Inc.^(a)
07/15/2026		5.875	%		900,000		849,800
05/15/2027		7.000	%		1,460,000		1,326,958
Interpublic Group of Companies, Inc. (The)
04/15/2024		4.200	%		333,000		329,778
Meta Platforms, Inc.
08/15/2027		3.500	%		773,000		740,440
08/15/2052		4.450	%		2,563,000		2,182,454
08/15/2062		4.650	%		266,000		228,900
05/15/2063		5.750	%		2,469,000		2,512,783
Prosus NV^(a)
01/19/2052		4.987	%		2,505,000		1,769,869
Take-Two Interactive Software, Inc.
03/28/2028		4.950	%		2,830,000		2,798,340
Univision Communications, Inc.^(a)
05/01/2029		4.500	%		1,690,000		1,482,366


Corporate Bonds & Notes (continued)

Issuer	Coupon Rate			Principal Amount ($)		Value ($)
Viacom, Inc.
04/30/2036		6.875	%		197,000		188,192
03/15/2043		4.375	%		647,000		440,490
09/01/2043		5.850	%		1,085,000		885,489
ViacomCBS, Inc.
01/15/2031		4.950	%		880,000		797,323
05/19/2032		4.200	%		449,000		379,819
05/19/2050		4.950	%		893,000		657,062
Warnermedia Holdings, Inc.
03/15/2027		3.755	%		2,401,000		2,265,352
03/15/2032		4.279	%		30,000		26,477
03/15/2042		5.050	%		8,094,000		6,685,775
03/15/2052		5.141	%		15,152,000		12,109,365
03/15/2062		5.391	%		713,000		567,756

Total							50,741,031

Metals and Mining 0.4%
Anglo American Capital PLC^(a)
03/17/2028		2.250	%		530,000		460,899
05/02/2033		5.500	%		1,299,000		1,260,020
03/16/2052		4.750	%		434,000		347,863
AngloGold Ashanti Holdings PLC
10/01/2030		3.750	%		1,400,000		1,179,444
BHP Billiton Finance USA Ltd.
09/08/2030		5.250	%		1,162,000		1,173,578
02/28/2033		4.900	%		1,135,000		1,117,724
09/08/2033		5.250	%		1,279,000		1,281,274
09/08/2053		5.500	%		349,000		354,556
Cleveland-Cliffs, Inc.^(a)
04/15/2030		6.750	%		1,470,000		1,430,818
CSN Resources SA^(a),(e)
12/05/2030		8.875	%		3,275,000		3,282,107
First Quantum Minerals Ltd.^(a)
04/01/2025		7.500	%		1,275,000		1,179,961
Freeport-McMoRan, Inc.
11/14/2034		5.400	%		5,000,000		4,734,920
Glencore Funding LLC^(a)
10/06/2033		6.500	%		4,100,000		4,289,796
Hecla Mining Co.
02/15/2028		7.250	%		675,000		668,804
Kinross Gold Corp.
07/15/2027		4.500	%		1,239,000		1,196,685
Newmont Corp.
10/01/2030		2.250	%		10,077,000		8,353,708
Northern Star Resources Ltd.^(a)
04/11/2033		6.125	%		2,105,000		2,021,160
Novelis Corp.^(a)
01/30/2030		4.750	%		1,390,000		1,262,978


40		Multi-Manager Total Return Bond Strategies Fund \| First Quarter Report 2023

PORTFOLIO OF INVESTMENTS (continued)

Multi-Manager Total Return Bond Strategies Fund, November 30, 2023 (Unaudited)


Corporate Bonds & Notes (continued)

Issuer	Coupon Rate			Principal Amount ($)		Value ($)
Nucor Corp.
05/23/2027		4.300	%		690,000		672,529
05/01/2028		3.950	%		1,500,000		1,435,379
Rio Tinto Finance USA PLC
03/09/2033		5.000	%		253,000		251,884
03/09/2053		5.125	%		1,270,000		1,219,415
Southern Copper Corp.
04/23/2025		3.875	%		600,000		585,122
Steel Dynamics, Inc.
06/15/2025		2.400	%		491,000		466,843
10/15/2027		1.650	%		747,000		651,149
01/15/2031		3.250	%		1,510,000		1,312,247

Total							42,190,863

Midstream 1.1%
AmeriGas Partners LP/Finance Corp.
08/20/2026		5.875	%		2,300,000		2,240,317
Antero Midstream Partners LP/Finance Corp.^(a)
01/15/2028		5.750	%		1,300,000		1,259,109
Cheniere Energy Partners LP^(a)
06/30/2033		5.950	%		1,038,000		1,030,662
Colonial Enterprises, Inc.^(a)
05/15/2030		3.250	%		3,505,000		3,088,665
Colorado Interstate Gas Co. LLC/Issuing Corp.^(a)
08/15/2026		4.150	%		2,290,000		2,192,320
Columbia Pipelines Holding Co. LLC^(a)
08/15/2028		6.042	%		575,000		581,657
Columbia Pipelines Operating Co. LLC^(a)
11/15/2033		6.036	%		2,815,000		2,843,359
Crestwood Midstream Partners LP/Finance Corp.^(a)
05/01/2027		5.625	%		1,375,000		1,351,554
DT Midstream, Inc.^(a)
06/15/2031		4.375	%		1,600,000		1,405,886
EIG Pearl Holdings Sarl^(a)
08/31/2036		3.545	%		1,400,000		1,167,778
08/31/2036		3.545	%		900,000		750,715
Enbridge, Inc.
03/08/2033		5.700	%		3,759,000		3,760,159
Enbridge, Inc.^(l)
07/15/2080		5.750	%		1,213,000		1,055,651
01/15/2084		8.500	%		3,925,000		3,935,301
Energy Transfer LP
12/01/2033		6.550	%		2,154,000		2,255,647
Energy Transfer Operating LP
01/15/2024		5.875	%		2,481,000		2,479,719
05/15/2050		5.000	%		3,140,000		2,642,641


Corporate Bonds & Notes (continued)

Issuer	Coupon Rate			Principal Amount ($)		Value ($)
Energy Transfer Partners LP
03/15/2035		4.900	%		134,000		121,783
06/15/2038		5.800	%		646,000		617,440
10/01/2043		5.950	%		280,000		258,852
03/15/2045		5.150	%		1,625,000		1,409,084
06/15/2048		6.000	%		173,000		165,290
EnLink Midstream LLC^(a)
09/01/2030		6.500	%		1,325,000		1,332,660
Enterprise Products Operating LLC
02/15/2024		3.900	%		500,000		498,005
05/15/2046		4.900	%		1,400,000		1,270,444
Enterprise Products Operating LLC^(b)
3-month Term SOFR + 3.248%
08/16/2077		8.638	%		324,000		321,855
Ferrellgas LP/Finance Corp.^(a)
04/01/2029		5.875	%		325,000		299,173
Galaxy Pipeline Assets Bidco Ltd.^(a)
03/31/2034		2.160	%		726,271		614,928
09/30/2040		2.940	%		419,904		330,634
Greensaif Pipelines Bidco Sarl^(a)
02/23/2038		6.129	%		975,000		974,732
02/23/2042		6.510	%		975,000		977,625
Kinder Morgan Energy Partners LP
09/01/2024		4.250	%		482,000		476,205
03/15/2032		7.750	%		635,000		696,298
09/01/2039		6.500	%		1,000,000		998,990
08/15/2042		5.000	%		637,000		538,192
03/01/2043		5.000	%		531,000		446,040
Kinder Morgan, Inc.
02/01/2033		4.800	%		691,000		643,020
02/15/2046		5.050	%		332,000		278,590
Magellan Midstream Partners LP
09/15/2046		4.250	%		320,000		237,346
MPLX LP
12/01/2024		4.875	%		325,000		321,750
06/01/2025		4.875	%		200,000		197,892
03/01/2026		1.750	%		335,000		308,864
03/15/2028		4.000	%		2,434,000		2,299,101
03/01/2047		5.200	%		1,500,000		1,303,920
NGPL PipeCo LLC^(a)
08/15/2027		4.875	%		412,000		396,530
Northern Natural Gas Co.^(a)
10/16/2051		3.400	%		496,000		320,663
ONEOK Partners LP
09/15/2043		6.200	%		721,000		706,245
ONEOK, Inc.
01/15/2026		5.850	%		504,000		507,782
09/01/2033		6.050	%		4,230,000		4,305,463
03/15/2050		4.500	%		6,830,000		5,346,773


Multi-Manager Total Return Bond Strategies Fund \| First Quarter Report 2023		41

PORTFOLIO OF INVESTMENTS (continued)

Multi-Manager Total Return Bond Strategies Fund, November 30, 2023 (Unaudited)


Corporate Bonds & Notes (continued)

Issuer	Coupon Rate			Principal Amount ($)		Value ($)
Plains All American Pipeline LP/Finance Corp.
10/15/2025		4.650	%		1,807,000		1,771,267
06/01/2042		5.150	%		2,185,000		1,844,640
Rockies Express Pipeline LLC^(a)
07/15/2029		4.950	%		2,435,000		2,246,428
05/15/2030		4.800	%		1,500,000		1,342,478
Sabine Pass Liquefaction LLC
03/15/2027		5.000	%		2,472,000		2,450,149
03/15/2028		4.200	%		177,000		169,155
Southern Natural Gas Co. LLC
02/15/2031		7.350	%		2,910,000		3,034,072
Sunoco Logistics Partners Operations LP
04/01/2044		5.300	%		1,239,000		1,082,018
05/15/2045		5.350	%		25,000		21,823
10/01/2047		5.400	%		3,041,000		2,678,092
Tallgrass Energy Partners LP/Finance Corp.^(a)
10/01/2025		7.500	%		1,875,000		1,889,885
01/15/2028		5.500	%		142,000		131,493
Targa Resources Corp.
03/01/2029		6.150	%		4,490,000		4,589,152
03/30/2034		6.500	%		2,142,000		2,238,895
04/15/2052		4.950	%		472,000		386,514
07/01/2052		6.250	%		753,000		734,888
02/15/2053		6.500	%		2,450,000		2,488,044
Targa Resources Partners LP/Finance Corp.
02/01/2031		4.875	%		1,189,000		1,106,937
TMS Issuer Sarl^(a)
08/23/2032		5.780	%		1,030,000		1,044,635
TransCanada PipeLines Ltd.
03/01/2034		4.625	%		3,280,000		2,971,299
03/15/2036		5.850	%		185,000		183,133
Transcontinental Gas Pipe Line Co. LLC
05/15/2030		3.250	%		242,000		213,691
03/15/2048		4.600	%		4,875,000		4,056,722
TransMontaigne Partners LP/TLP Finance Corp.
02/15/2026		6.125	%		1,500,000		1,308,453
Venture Global Calcasieu Pass LLC^(a)
08/15/2029		3.875	%		750,000		658,712
08/15/2031		4.125	%		3,250,000		2,804,009
Venture Global LNG, Inc.^(a)
02/01/2029		9.500	%		1,434,000		1,481,016
06/01/2031		8.375	%		1,335,000		1,316,665
Western Gas Partners LP
03/01/2048		5.300	%		2,930,000		2,416,040
Williams Companies, Inc. (The)
01/15/2025		3.900	%		1,050,000		1,028,509
09/15/2025		4.000	%		2,327,000		2,266,126
03/15/2032		8.750	%		3,486,000		4,080,268


Corporate Bonds & Notes (continued)

Issuer	Coupon Rate			Principal Amount ($)		Value ($)
Williams Companies., Inc. (The)
03/02/2026		5.400	%		3,250,000		3,248,806
Williams Partners LP
03/04/2024		4.300	%		2,787,000		2,774,870
03/04/2044		5.400	%		263,000		238,985

Total							125,861,178

Natural Gas 0.2%
Boston Gas Co.^(a)
08/01/2027		3.150	%		1,472,000		1,350,214
KeySpan Corp.
11/15/2030		8.000	%		670,000		750,470
KeySpan Gas East Corp.^(a)
03/06/2033		5.994	%		4,625,000		4,545,006
NiSource, Inc.
02/15/2031		1.700	%		605,000		470,374
06/30/2033		5.400	%		930,000		921,939
ONE Gas, Inc.
03/11/2024		1.100	%		696,000		686,586
Piedmont Natural Gas Co., Inc.
06/15/2033		5.400	%		455,000		449,343
Sempra Energy^(l)
04/01/2052		4.125	%		2,745,000		2,242,138
South Jersey Industries, Inc.
Junior Subordinated
04/15/2031		5.020	%		1,422,000		1,100,037
Southern Co. Gas Capital Corp.
09/15/2032		5.150	%		5,715,000		5,571,852
03/15/2041		5.875	%		1,940,000		1,860,802
05/30/2047		4.400	%		443,000		348,426
Southwest Gas Corp.
08/15/2051		3.180	%		2,930,000		1,751,296
Washington Gas Light Co.
09/15/2049		3.650	%		587,000		402,900

Total							22,451,383

Office REIT 0.1%
Alexandria Real Estate Equities, Inc.
03/15/2052		3.550	%		174,000		117,150
04/15/2053		5.150	%		169,000		150,974
Highwoods Realty LP
02/01/2034		7.650	%		1,835,000		1,847,541
Hudson Pacific Properties LP
11/01/2027		3.950	%		3,870,000		3,043,607
02/15/2028		5.950	%		3,520,000		2,980,181
04/01/2029		4.650	%		670,000		504,336
01/15/2030		3.250	%		1,510,000		1,005,075
Kilroy Realty LP
11/15/2033		2.650	%		1,875,000		1,301,853


42		Multi-Manager Total Return Bond Strategies Fund \| First Quarter Report 2023

PORTFOLIO OF INVESTMENTS (continued)

Multi-Manager Total Return Bond Strategies Fund, November 30, 2023 (Unaudited)


Corporate Bonds & Notes (continued)

Issuer	Coupon Rate			Principal Amount ($)		Value ($)
Piedmont Operating Partnership LP
08/15/2030		3.150	%		1,675,000		1,212,356
04/01/2032		2.750	%		2,339,000		1,551,792

Total							13,714,865

Oil Field Services 0.0%
Schlumberger Holdings Corp.^(a)
05/17/2028		3.900	%		2,053,000		1,949,978
Schlumberger Investment SA
06/26/2030		2.650	%		817,000		711,960

Total							2,661,938

Other Financial Institutions 0.2%
Five Point Operating Co. LP/Capital Corp.^(a)
11/15/2025		7.875	%		2,350,000		2,251,420
Greystone Commercial Capital Trust^{(a),(b),(h),(j)}
1-month USD LIBOR + 2.270%
05/31/2025		7.720	%		9,200,000		8,694,000
Howard Hughes Corp. (The)^(a)
08/01/2028		5.375	%		500,000		468,670
02/01/2031		4.375	%		750,000		622,912
Icahn Enterprises LP/Finance Corp.
05/15/2026		6.250	%		900,000		849,211
05/15/2027		5.250	%		1,242,000		1,124,482
LeasePlan Corp NV^(a)
10/24/2024		2.875	%		3,440,000		3,338,415
ORIX Corp.
12/04/2024		3.250	%		1,560,000		1,520,744

Total							18,869,854

Other Industry 0.1%
Adtalem Global Education, Inc.^(a)
03/01/2028		5.500	%		315,000		297,130
AECOM
03/15/2027		5.125	%		710,000		690,813
Gohl Capital Ltd.^(a)
01/24/2027		4.250	%		1,050,000		990,119
Massachusetts Institute of Technology
07/01/2114		4.678	%		1,768,000		1,529,689
07/01/2116		3.885	%		1,850,000		1,328,353
Northwestern University
12/01/2057		3.662	%		1,350,000		992,294
PowerTeam Services LLC^(a)
12/04/2025		9.033	%		594,000		543,856
President and Fellows of Harvard College
07/15/2046		3.150	%		3,031,000		2,178,217
07/15/2056		3.300	%		2,230,000		1,571,839


Corporate Bonds & Notes (continued)

Issuer	Coupon Rate			Principal Amount ($)		Value ($)
Trustees of the University of Pennsylvania (The)
09/01/2112		4.674	%		1,620,000		1,381,292
University of Southern California
10/01/2039		3.028	%		4,525,000		3,496,105

Total							14,999,707

Other REIT 0.2%
American Assets Trust LP
02/01/2031		3.375	%		3,115,000		2,385,368
CubeSmart LP
12/15/2028		2.250	%		959,000		820,723
Extra Space Storage LP
12/15/2027		3.875	%		160,000		149,853
04/01/2029		3.900	%		563,000		516,945
06/15/2029		4.000	%		570,000		524,413
10/15/2030		2.200	%		2,263,000		1,802,606
10/15/2031		2.400	%		670,000		527,709
03/15/2032		2.350	%		3,369,000		2,612,470
Host Hotels & Resorts LP
06/15/2025		4.000	%		1,050,000		1,016,003
02/01/2026		4.500	%		520,000		504,148
Ladder Capital Finance Holdings LLLP/Corp.^(a)
06/15/2029		4.750	%		1,745,000		1,518,522
Lexington Realty Trust
10/01/2031		2.375	%		3,805,000		2,907,925
Park Intermediate Holdings LLC/Domestic Property/Finance Co-Issuer^(a)
06/01/2025		7.500	%		2,150,000		2,163,006
Rexford Industrial Realty LP
09/01/2031		2.150	%		3,832,000		2,929,989
WP Carey, Inc.
04/01/2033		2.250	%		4,080,000		3,011,774
XHR LP^(a)
06/01/2029		4.875	%		1,625,000		1,455,719

Total							24,847,173

Packaging 0.1%
Amcor Flexibles North America, Inc.
05/17/2025		4.000	%		2,085,000		2,034,592
Ardagh Packaging Finance PLC/Holdings USA, Inc.^(a)
08/15/2027		5.250	%		3,000,000		2,205,751
08/15/2027		5.250	%		325,000		238,001
Ball Corp.
03/15/2026		4.875	%		600,000		588,871
06/15/2029		6.000	%		1,800,000		1,795,459
Berry Global Escrow Corp.^(a)
07/15/2026		4.875	%		1,680,000		1,630,668
Berry Global, Inc.
01/15/2026		1.570	%		3,261,000		2,992,221
01/15/2027		1.650	%		1,273,000		1,123,971


Multi-Manager Total Return Bond Strategies Fund \| First Quarter Report 2023		43

PORTFOLIO OF INVESTMENTS (continued)

Multi-Manager Total Return Bond Strategies Fund, November 30, 2023 (Unaudited)


Corporate Bonds & Notes (continued)

Issuer	Coupon Rate			Principal Amount ($)		Value ($)
Pactiv Evergreen Group Issuer LLC/Inc.^(a)
10/15/2028		4.375	%		2,725,000		2,480,703
Reynolds Group Issuer, Inc./LLC^(a)
10/15/2027		4.000	%		425,000		390,718
Sealed Air Corp.^(a)
10/15/2026		1.573	%		857,000		761,343
02/01/2028		6.125	%		225,000		222,464
02/15/2031		7.250	%		895,000		918,902
Trivium Packaging Finance BV^(a)
08/15/2027		8.500	%		280,000		254,457

Total							17,638,121

Paper 0.0%
Cascades, Inc./USA^(a)
01/15/2028		5.375	%		1,515,000		1,432,663
Celulosa Arauco y Constitucion SA
11/02/2027		3.875	%		700,000		639,248
Celulosa Arauco y Constitucion SA^(a)
04/30/2029		4.250	%		500,000		446,457
Packaging Corp. of America
12/01/2033		5.700	%		914,000		926,614
Suzano Austria GmbH
01/15/2029		6.000	%		275,000		272,070
01/15/2030		5.000	%		825,000		772,753
01/15/2031		3.750	%		1,000,000		844,577
Weyerhaeuser Co.
05/15/2026		4.750	%		481,000		473,856

Total							5,808,238

Pharmaceuticals 1.0%
1375209 BC Ltd.^(a)
01/30/2028		9.000	%		1,720,000		1,659,930
AbbVie, Inc.
11/21/2026		2.950	%		838,000		793,610
03/15/2035		4.550	%		4,650,000		4,396,371
05/14/2035		4.500	%		2,175,000		2,044,787
05/14/2036		4.300	%		1,926,000		1,768,257
11/21/2039		4.050	%		7,356,000		6,321,824
10/01/2042		4.625	%		1,000,000		884,234
05/14/2045		4.700	%		680,000		613,881
11/21/2049		4.250	%		2,155,000		1,814,414
Amgen, Inc.
03/02/2033		5.250	%		3,506,000		3,471,260
03/02/2043		5.600	%		11,054,000		10,818,691
01/15/2052		3.000	%		4,360,000		2,821,746
02/22/2052		4.200	%		345,000		272,169
03/02/2053		5.650	%		1,976,000		1,947,864
09/01/2053		2.770	%		890,000		529,773
02/22/2062		4.400	%		724,000		569,473
03/02/2063		5.750	%		3,173,000		3,108,753


Corporate Bonds & Notes (continued)

Issuer	Coupon Rate			Principal Amount ($)		Value ($)
Bausch Health Companies, Inc.^(a)
01/30/2028		5.000	%		1,100,000		408,190
02/15/2029		5.000	%		100,000		34,947
02/15/2029		6.250	%		3,475,000		1,246,630
01/30/2030		5.250	%		1,200,000		426,009
02/15/2031		5.250	%		1,200,000		419,963
Bayer US Finance II LLC^(a)
12/15/2028		4.375	%		5,945,000		5,512,786
06/25/2038		4.625	%		1,515,000		1,248,929
07/15/2044		4.400	%		2,799,000		2,029,180
06/25/2048		4.875	%		3,505,000		2,715,895
Bayer US Finance LLC^(a)
10/08/2024		3.375	%		520,000		508,070
11/21/2033		6.500	%		11,263,000		11,188,281
Bristol Myers Squibb Co.
06/15/2039		4.125	%		304,000		261,406
Bristol-Myers Squibb Co.
08/15/2025		3.875	%		74,000		72,302
05/15/2044		4.625	%		555,000		492,144
11/15/2053		6.250	%		6,173,000		6,727,712
11/15/2063		6.400	%		1,122,000		1,236,777
CSL Finance PLC^(a)
04/27/2029		4.050	%		926,000		881,737
04/27/2032		4.250	%		432,000		403,918
04/27/2062		4.950	%		402,000		346,083
Grifols Escrow Issuer SA^(a)
10/15/2028		4.750	%		1,732,000		1,531,325
Jazz Securities DAC^(a)
01/15/2029		4.375	%		963,000		867,073
Kevlar SpA^(a)
09/01/2029		6.500	%		2,300,000		2,037,856
Merck & Co., Inc.
05/17/2033		4.500	%		717,000		693,816
05/17/2044		4.900	%		694,000		660,301
05/17/2053		5.000	%		1,377,000		1,324,100
05/17/2063		5.150	%		1,027,000		999,239
Mylan NV
06/15/2046		5.250	%		290,000		225,115
Mylan, Inc.
04/15/2048		5.200	%		3,250,000		2,474,952
Organon Finance 1 LLC^(a)
04/30/2028		4.125	%		1,550,000		1,376,032
04/30/2031		5.125	%		1,725,000		1,358,577
Pfizer Investment Enterprises Pte., Ltd.
05/19/2030		4.650	%		793,000		778,149
05/19/2033		4.750	%		3,358,000		3,265,316
05/19/2043		5.110	%		178,000		171,043
05/19/2053		5.300	%		2,251,000		2,195,947
05/19/2063		5.340	%		4,153,000		4,001,517


44		Multi-Manager Total Return Bond Strategies Fund \| First Quarter Report 2023

PORTFOLIO OF INVESTMENTS (continued)

Multi-Manager Total Return Bond Strategies Fund, November 30, 2023 (Unaudited)


Corporate Bonds & Notes (continued)

Issuer	Coupon Rate			Principal Amount ($)		Value ($)
Roche Holdings, Inc.^(a)
11/13/2030		5.489	%		2,205,000		2,264,119
11/13/2033		5.593	%		495,000		514,335
Royalty Pharma PLC
09/02/2025		1.200	%		385,000		355,562
09/02/2027		1.750	%		489,000		428,167
09/02/2030		2.200	%		2,243,000		1,811,235
09/02/2040		3.300	%		1,627,000		1,140,131
09/02/2051		3.350	%		1,245,000		779,356
Viatris, Inc.
06/22/2030		2.700	%		1,117,000		906,246
06/22/2040		3.850	%		5,993,000		4,158,551
06/22/2050		4.000	%		2,010,000		1,304,123

Total							117,620,179

Property & Casualty 0.5%
Alleghany Corp.
09/15/2044		4.900	%		369,000		332,226
08/15/2051		3.250	%		2,173,000		1,488,282
American International Group, Inc.
04/01/2028		4.200	%		1,562,000		1,489,633
06/30/2030		3.400	%		1,270,000		1,128,396
03/27/2033		5.125	%		2,233,000		2,173,684
Aon Corp./Global Holdings PLC
12/02/2031		2.600	%		4,495,000		3,671,857
Arch Capital Finance LLC
12/15/2046		5.031	%		970,000		842,784
Arthur J. Gallagher & Co.
03/09/2052		3.050	%		6,725,000		4,044,187
Assurant, Inc.
02/22/2030		3.700	%		1,174,000		1,023,140
Berkshire Hathaway Finance Corp.
03/15/2052		3.850	%		994,000		777,426
Berkshire Hathaway, Inc.
03/15/2026		3.125	%		4,674,000		4,515,597
CNA Financial Corp.
08/15/2027		3.450	%		3,828,000		3,589,141
Fairfax Financial Holdings Ltd.
03/03/2031		3.375	%		6,300,000		5,337,616
Farmers Exchange Capital^(a)
Subordinated
07/15/2028		7.050	%		800,000		805,838
07/15/2048		7.200	%		1,290,000		1,234,818
Farmers Exchange Capital II^(a),(l)
Subordinated
11/01/2053		6.151	%		2,700,000		2,522,666
Farmers Insurance Exchange^(a)
05/01/2024		8.625	%		1,165,000		1,174,642


Corporate Bonds & Notes (continued)

Issuer	Coupon Rate			Principal Amount ($)		Value ($)
Hartford Financial Services Group Inc. (The)^(a),(b)
3-month Term SOFR + 2.387%
02/12/2047		7.766	%		1,501,000		1,290,271
Hartford Financial Services Group, Inc. (The)
10/15/2036		5.950	%		283,000		288,246
Intact Financial Corp.^(a)
09/22/2032		5.459	%		1,039,000		1,008,649
Liberty Mutual Group, Inc.^(a)
10/15/2050		3.951	%		2,080,000		1,459,038
05/15/2060		3.950	%		698,000		459,241
Markel Corp.
05/20/2049		5.000	%		5,095,000		4,353,530
Marsh & McLennan Cos, Inc.
09/15/2033		5.400	%		1,456,000		1,481,992
09/15/2053		5.700	%		2,542,000		2,590,640
Nationwide Mutual Insurance Co.^(a),(b)
Subordinated
3-month Term SOFR + 2.552%
12/15/2024		7.961	%		5,725,000		5,716,213
PartnerRe Finance B LLC^(l)
10/01/2050		4.500	%		2,635,000		2,198,815
Trustage Financial Group, Inc.^(a)
04/15/2032		4.625	%		2,135,000		1,815,908
Willis North America, Inc.
05/15/2033		5.350	%		2,000,000		1,954,151
WR Berkley Corp.
05/12/2050		4.000	%		1,480,000		1,086,291

Total							61,854,918

Railroads 0.1%
Burlington Northern Santa Fe LLC
03/15/2042		4.400	%		75,000		65,248
03/15/2043		4.450	%		360,000		312,428
09/01/2043		5.150	%		829,000		791,696
08/01/2046		3.900	%		1,163,000		918,655
04/15/2054		5.200	%		1,391,000		1,350,250
Canadian Pacific Railway Co.
11/15/2029		2.875	%		696,000		610,504
05/01/2050		3.500	%		3,280,000		2,313,870
CSX Corp.
05/30/2042		4.750	%		482,000		432,307
Norfolk Southern Corp.
11/01/2029		2.550	%		431,000		372,824
08/01/2030		5.050	%		708,000		704,061
03/15/2034		5.550	%		614,000		622,296
08/01/2054		5.350	%		705,000		673,108
03/15/2064		5.950	%		1,407,000		1,439,376


Multi-Manager Total Return Bond Strategies Fund \| First Quarter Report 2023		45

PORTFOLIO OF INVESTMENTS (continued)

Multi-Manager Total Return Bond Strategies Fund, November 30, 2023 (Unaudited)


Corporate Bonds & Notes (continued)

Issuer	Coupon Rate			Principal Amount ($)		Value ($)
Union Pacific Corp.
10/01/2051		3.799	%		876,000		678,871
08/15/2059		3.950	%		337,000		253,374
03/20/2060		3.839	%		602,000		448,258

Total							11,987,126

Refining 0.1%
Cosan Luxembourg SA^(a)
06/27/2030		7.500	%		750,000		759,220
Marathon Petroleum Corp.
12/15/2026		5.125	%		578,000		577,190
03/01/2041		6.500	%		136,000		139,668
Phillips 66
12/01/2027		4.950	%		3,910,000		3,884,958
Phillips 66 Co.
02/15/2045		4.680	%		1,300,000		1,093,874
Valero Energy Corp.
12/01/2031		2.800	%		3,235,000		2,648,240

Total							9,103,150

Restaurants 0.1%
Brinker International, Inc.^(a)
10/01/2024		5.000	%		1,850,000		1,821,263
Fertitta Entertainment LLC/Finance Co., Inc.^(a)
01/15/2029		4.625	%		1,500,000		1,330,880
01/15/2030		6.750	%		1,615,000		1,362,769
McDonald’s Corp.
09/01/2049		3.625	%		910,000		676,699
08/14/2053		5.450	%		716,000		705,678
Raising Cane’s Restaurants LLC^(a)
05/01/2029		9.375	%		535,000		561,962

Total							6,459,251

Retail REIT 0.0%
Brixmor Operating Partnership LP
08/16/2031		2.500	%		915,000		722,575
Kimco Realty Corp.
02/01/2033		4.600	%		3,780,000		3,463,145
Kite Realty Group LP
10/01/2026		4.000	%		320,000		298,351
Realty Income Corp.
08/15/2027		3.950	%		193,000		183,806

Total							4,667,877


Corporate Bonds & Notes (continued)

Issuer	Coupon Rate			Principal Amount ($)		Value ($)
Retailers 0.4%
Amazon.com, Inc.
08/22/2027		3.150	%		646,000		612,208
12/01/2027		4.550	%		461,000		460,585
05/12/2031		2.100	%		791,000		659,784
05/12/2041		2.875	%		1,257,000		932,090
04/13/2062		4.100	%		424,000		346,493
Asbury Automotive Group, Inc.
03/01/2030		4.750	%		1,535,000		1,376,019
AutoNation, Inc.
11/15/2024		3.500	%		2,185,000		2,133,228
10/01/2025		4.500	%		2,465,000		2,401,158
AutoZone, Inc.
04/21/2026		3.125	%		415,000		394,239
11/01/2028		6.250	%		2,478,000		2,577,306
01/15/2031		1.650	%		1,175,000		917,631
Dick’s Sporting Goods, Inc.
01/15/2052		4.100	%		2,690,000		1,795,593
Dollar General Corp.
07/05/2033		5.450	%		5,665,000		5,526,693
Gap Inc. (The)^(a)
10/01/2029		3.625	%		1,550,000		1,274,760
Genuine Parts Co.
11/01/2033		6.875	%		2,790,000		2,963,765
Hanesbrands, Inc.^(a)
05/15/2026		4.875	%		1,475,000		1,388,675
Home Depot, Inc. (The)^(e)
04/15/2029		4.900	%		1,317,000		1,319,555
Kontoor Brands, Inc.^(a)
11/15/2029		4.125	%		475,000		414,157
L Brands, Inc.
07/01/2036		6.750	%		1,495,000		1,389,597
Lowe’s Companies, Inc.
07/01/2053		5.750	%		730,000		719,744
04/01/2062		4.450	%		539,000		416,739
04/01/2063		5.850	%		555,000		538,365
Macy’s Retail Holdings LLC
12/15/2034		4.500	%		1,600,000		1,201,945
Magic MergeCo, Inc.^(a)
05/01/2029		7.875	%		1,400,000		794,391
O’Reilly Automotive, Inc.
11/20/2026		5.750	%		2,580,000		2,610,476
Rent-A-Center, Inc.^(a)
02/15/2029		6.375	%		300,000		273,348
Sally Holdings LLC/Capital, Inc.
12/01/2025		5.625	%		2,525,000		2,486,208
Sonic Automotive Inc.^(a)
11/15/2031		4.875	%		1,620,000		1,363,289


46		Multi-Manager Total Return Bond Strategies Fund \| First Quarter Report 2023

PORTFOLIO OF INVESTMENTS (continued)

Multi-Manager Total Return Bond Strategies Fund, November 30, 2023 (Unaudited)


Corporate Bonds & Notes (continued)

Issuer	Coupon Rate			Principal Amount ($)		Value ($)
Tapestry, Inc.
11/27/2033		7.850	%		2,105,000		2,138,595
Target Corp.
01/15/2033		4.400	%		2,090,000		2,006,344
01/15/2053		4.800	%		696,000		636,589
Tractor Supply Co.
11/01/2030		1.750	%		3,885,000		3,076,406
Walmart, Inc.
04/15/2030		4.000	%		1,766,000		1,712,154

Total							48,858,129

Supermarkets 0.0%
Ahold Finance U.S.A. LLC
05/01/2029		6.875	%		1,800,000		1,946,083
Albertsons Companies LLC/Safeway, Inc./New Albertsons LP/Albertsons LLC^(a)
03/15/2029		3.500	%		1,520,000		1,347,378
C&S Group Enterprises LLC^(a)
12/15/2028		5.000	%		2,700,000		2,192,617

Total							5,486,078

Supranational 0.1%
Inter-American Development Bank
10/15/2025		6.800	%		2,500,000		2,576,532
07/15/2027		6.750	%		4,000,000		4,233,536

Total							6,810,068

Technology 1.3%
Advanced Micro Devices, Inc.
06/01/2032		3.924	%		1,784,000		1,662,303
06/01/2052		4.393	%		1,812,000		1,585,141
Apple, Inc.
05/11/2050		2.650	%		5,095,000		3,308,969
08/05/2061		2.850	%		560,000		357,142
08/08/2062		4.100	%		351,000		291,568
Avnet, Inc.
03/15/2028		6.250	%		2,398,000		2,439,122
06/01/2032		5.500	%		2,876,000		2,724,956
Black Knight InfoServ LLC^(a)
09/01/2028		3.625	%		1,500,000		1,399,023
Boxer Parent Co., Inc.^(a)
03/01/2026		9.125	%		2,500,000		2,507,261
Broadcom, Inc.
10/15/2024		3.625	%		320,000		314,194
Broadcom, Inc.^(a)
04/15/2029		4.000	%		2,765,000		2,588,579
11/15/2035		3.137	%		5,511,000		4,291,795
11/15/2036		3.187	%		8,519,000		6,507,413
05/15/2037		4.926	%		4,155,000		3,806,862


Corporate Bonds & Notes (continued)

Issuer	Coupon Rate			Principal Amount ($)		Value ($)
CDW LLC/Finance Corp.
05/01/2025		4.125	%		2,500,000		2,438,708
12/01/2028		3.276	%		3,880,000		3,440,514
CommScope, Inc.^(a)
09/01/2029		4.750	%		1,500,000		945,283
Concentrix Corp.
08/02/2028		6.600	%		641,000		640,564
08/02/2033		6.850	%		1,913,000		1,875,122
DXC Technology Co.
09/15/2028		2.375	%		5,845,000		4,945,229
Equifax, Inc.
06/01/2028		5.100	%		5,695,000		5,625,286
Fidelity National Information Services, Inc.
03/01/2041		3.100	%		2,890,000		2,020,409
Fiserv, Inc.
07/01/2024		2.750	%		699,000		686,602
03/02/2033		5.600	%		4,115,000		4,131,760
08/21/2033		5.625	%		2,770,000		2,787,142
Flex Ltd.
01/15/2028		6.000	%		2,560,000		2,595,184
Global Payments, Inc.
11/15/2024		1.500	%		3,215,000		3,083,590
03/01/2026		1.200	%		2,536,000		2,296,992
08/15/2052		5.950	%		3,455,000		3,294,945
GTCR W-2 Merger Sub LLC^(a)
01/15/2031		7.500	%		375,000		381,970
Hewlett Packard Enterprise Co.
07/01/2028		5.250	%		3,615,000		3,624,434
HP, Inc.
06/17/2031		2.650	%		909,000		744,310
Intel Corp.
08/05/2027		3.750	%		749,000		721,368
02/10/2030		5.125	%		1,202,000		1,217,183
08/12/2041		2.800	%		1,687,000		1,192,819
02/10/2053		5.700	%		1,517,000		1,543,064
08/12/2061		3.200	%		671,000		428,321
02/10/2063		5.900	%		1,545,000		1,612,593
International Business Machines Corp.
07/27/2027		4.150	%		790,000		768,008
05/15/2029		3.500	%		928,000		864,578
Intuit, Inc.
09/15/2028		5.125	%		2,311,000		2,332,435
09/15/2033		5.200	%		1,934,000		1,949,004
09/15/2053		5.500	%		2,562,000		2,631,226
KLA Corp.
07/15/2062		5.250	%		895,000		860,489
Leidos, Inc.
02/15/2031		2.300	%		845,000		677,418


Multi-Manager Total Return Bond Strategies Fund \| First Quarter Report 2023		47

PORTFOLIO OF INVESTMENTS (continued)

Multi-Manager Total Return Bond Strategies Fund, November 30, 2023 (Unaudited)


Corporate Bonds & Notes (continued)

Issuer	Coupon Rate			Principal Amount ($)		Value ($)
Marvell Technology, Inc.
02/15/2029		5.750	%		815,000		822,575
Microchip Technology, Inc.
02/15/2024		0.972	%		345,000		341,517
Micron Technology, Inc.
11/01/2029		6.750	%		5,040,000		5,282,804
Microsoft Corp.
06/01/2050		2.525	%		373,000		239,820
03/17/2052		2.921	%		811,000		560,443
03/17/2062		3.041	%		4,290,000		2,913,441
Microsoft Corp.^(a)
09/15/2050		2.500	%		1,558,000		988,721
NCR Atleos Escrow Corp.^(a)
04/01/2029		9.500	%		1,994,000		2,060,148
NCR Corp.^(a)
04/15/2029		5.125	%		990,000		906,671
10/01/2030		5.250	%		680,000		599,358
NetApp, Inc.
06/22/2025		1.875	%		1,845,000		1,738,265
NXP BV/Funding LLC
03/01/2026		5.350	%		1,056,000		1,052,636
NXP BV/Funding LLC/USA, Inc.
05/01/2030		3.400	%		342,000		301,482
11/30/2051		3.250	%		600,000		392,007
Open Text Corp.^(a)
12/01/2027		6.900	%		650,000		668,264
Open Text Holdings, Inc.^(a)
12/01/2031		4.125	%		1,645,000		1,406,752
Oracle Corp.
11/15/2027		3.250	%		2,409,000		2,246,537
03/25/2028		2.300	%		903,000		803,062
11/09/2029		6.150	%		997,000		1,045,830
11/15/2037		3.800	%		3,892,000		3,168,558
03/25/2041		3.650	%		2,929,000		2,216,021
04/01/2050		3.600	%		4,392,000		3,070,801
03/25/2051		3.950	%		3,413,000		2,523,184
02/06/2053		5.550	%		1,855,000		1,747,299
05/15/2055		4.375	%		73,000		56,296
PayPal Holdings, Inc.
10/01/2026		2.650	%		964,000		904,385
10/01/2029		2.850	%		204,000		181,169
06/01/2030		2.300	%		1,435,000		1,214,285
06/01/2062		5.250	%		3,394,000		3,166,486
Qorvo, Inc.
12/15/2024		1.750	%		1,200,000		1,147,502
QUALCOMM, Inc.
05/20/2053		6.000	%		2,378,000		2,577,119


Corporate Bonds & Notes (continued)

Issuer	Coupon Rate			Principal Amount ($)		Value ($)
S&P Global, Inc.
03/01/2029		2.700	%		1,348,000		1,216,214
08/15/2030		1.250	%		592,000		467,485
03/01/2032		2.900	%		803,000		684,009
S&P Global, Inc.^(a)
09/15/2033		5.250	%		588,000		592,245
Seagate HDD^(a)
12/01/2032		9.625	%		776,475		871,429
TD SYNNEX Corp.
08/09/2026		1.750	%		314,000		280,113
Tempo Acquisition LLC/Finance Corp.^(a)
06/01/2025		5.750	%		1,550,000		1,533,672
Tencent Holdings Ltd.^(a)
04/22/2051		3.840	%		2,760,000		1,907,212
Texas Instruments, Inc.
03/14/2053		5.000	%		1,016,000		974,202
05/18/2063		5.050	%		2,056,000		1,945,453
VMware, Inc.
08/15/2026		1.400	%		1,441,000		1,299,877
Western Union Co. (The)
03/15/2026		1.350	%		140,000		126,377

Total							154,382,604

Tobacco 0.6%
Altria Group, Inc.
11/01/2028		6.200	%		1,116,000		1,148,581
05/06/2030		3.400	%		1,280,000		1,137,533
02/04/2041		3.400	%		3,910,000		2,705,097
BAT Capital Corp.
08/15/2027		3.557	%		409,000		383,018
03/25/2028		2.259	%		1,930,000		1,690,874
03/25/2031		2.726	%		1,790,000		1,455,009
08/02/2033		6.421	%		898,000		914,478
08/15/2037		4.390	%		742,000		598,835
09/25/2040		3.734	%		562,000		397,141
08/02/2043		7.079	%		962,000		978,975
08/15/2047		4.540	%		5,800,000		4,246,947
09/06/2049		4.758	%		309,000		230,811
03/16/2052		5.650	%		2,530,000		2,175,616
08/02/2053		7.081	%		4,156,000		4,210,584
BAT International Finance PLC
03/16/2028		4.448	%		8,000,000		7,676,230
02/02/2029		5.931	%		2,973,000		3,019,375
Imperial Brands Finance PLC^(a)
07/26/2024		3.125	%		2,000,000		1,960,575
07/21/2025		4.250	%		2,000,000		1,952,452
Philip Morris International, Inc.
02/15/2030		5.125	%		2,810,000		2,772,796
02/15/2033		5.375	%		703,000		692,532
09/07/2033		5.625	%		11,270,000		11,316,107


48		Multi-Manager Total Return Bond Strategies Fund \| First Quarter Report 2023

PORTFOLIO OF INVESTMENTS (continued)

Multi-Manager Total Return Bond Strategies Fund, November 30, 2023 (Unaudited)


Corporate Bonds & Notes (continued)

Issuer	Coupon Rate			Principal Amount ($)		Value ($)
Reynolds American, Inc.
06/12/2025		4.450	%		1,325,000		1,303,033
08/15/2035		5.700	%		6,525,000		6,125,820
08/04/2041		7.000	%		1,127,000		1,123,236
09/15/2043		6.150	%		501,000		468,374
08/15/2045		5.850	%		4,626,000		4,082,087
Vector Group Ltd.^(a)
02/01/2029		5.750	%		3,250,000		2,897,785

Total							67,663,901

Transportation Services 0.4%
Element Fleet Management Corp.^(a)
06/15/2025		3.850	%		2,795,000		2,694,364
06/26/2026		6.271	%		1,815,000		1,824,921
Element Fleet Management Corp.^(a),(e)
12/04/2028		6.319	%		5,350,000		5,404,261
ERAC USA Finance LLC^(a)
11/01/2025		3.800	%		2,500,000		2,419,049
12/01/2026		3.300	%		3,435,000		3,235,856
03/15/2042		5.625	%		1,689,000		1,646,349
11/01/2046		4.200	%		1,041,000		832,784
FedEx Corp.
04/01/2046		4.550	%		498,000		419,372
FedEx Corp. Pass-Through Trust
Series 2020-1 Class AA
02/20/2034		1.875	%		618,772		498,368
GN Bondco LLC^(a)
10/15/2031		9.500	%		1,675,000		1,591,307
Penske Truck Leasing Co. LP/Finance Corp.^(a)
11/15/2025		1.200	%		842,000		769,345
05/01/2028		5.550	%		1,380,000		1,368,215
08/01/2028		6.050	%		2,990,000		3,016,852
06/15/2030		6.200	%		2,234,000		2,266,065
Penske Truck Leasing Co. LP/PTL Finance Corp.^(a)
06/15/2026		1.700	%		1,236,000		1,114,662
Penske Truck Leasing Co., LP/Finance Corp.^(a)
07/15/2025		4.000	%		905,000		878,368
Ryder System, Inc.
06/01/2028		5.250	%		1,185,000		1,178,070
12/01/2028		6.300	%		912,000		941,248
12/01/2033		6.600	%		6,720,000		7,062,208
Triton Container International Ltd.^(a)
04/15/2026		2.050	%		617,000		557,463
06/15/2031		3.150	%		558,000		427,318
TTX Co.^(a)
01/15/2025		3.600	%		1,620,000		1,585,008
XPO, Inc.^(a)
06/01/2028		6.250	%		575,000		569,581
06/01/2031		7.125	%		275,000		277,847

Total							42,578,881


Corporate Bonds & Notes (continued)

Issuer	Coupon Rate			Principal Amount ($)		Value ($)
Wireless 0.7%
American Tower Corp.
02/15/2024		5.000	%		665,000		663,546
03/15/2027		3.650	%		684,000		645,327
04/15/2031		2.700	%		4,545,000		3,742,772
09/15/2031		2.300	%		477,000		378,251
03/15/2033		5.650	%		4,176,000		4,163,197
07/15/2033		5.550	%		6,619,000		6,548,608
Crown Castle International Corp.
07/15/2026		1.050	%		401,000		356,564
03/15/2027		2.900	%		684,000		628,634
04/01/2031		2.100	%		877,000		689,338
07/15/2031		2.500	%		4,369,000		3,512,562
04/01/2041		2.900	%		1,652,000		1,114,340
Crown Castle, Inc.
09/01/2028		4.800	%		1,609,000		1,555,884
05/01/2033		5.100	%		785,000		751,281
Digicel International Finance Ltd./Holdings^(a)
05/25/2024		8.750	%		2,425,000		2,233,099
05/25/2024		8.750	%		700,000		652,443
Digicel International Finance Ltd./Holdings^(a),(n)
12/31/2025		13.000	%		860,640		592,611
Digicel International Finance Ltd./Holdings^(a),(m)
Subordinated
12/31/2026		0.000	%		500,000		10,000
Digicel Ltd.^(a),(m)
12/01/2023		0.000	%		1,300,000		39,000
Sprint Capital Corp.
11/15/2028		6.875	%		1,766,000		1,869,608
03/15/2032		8.750	%		3,140,000		3,751,344
Sprint Corp.
06/15/2024		7.125	%		5,225,000		5,252,164
Sprint Spectrum Co. I/II/III LLC^(a)
03/20/2025		4.738	%		1,921,125		1,905,468
03/20/2028		5.152	%		7,447,500		7,338,647
T-Mobile US, Inc.
02/15/2026		2.250	%		99,000		92,603
04/15/2027		3.750	%		3,514,000		3,351,927
02/01/2028		4.750	%		961,000		940,443
02/15/2028		2.050	%		1,548,000		1,361,649
02/15/2029		2.625	%		597,000		525,742
04/15/2029		3.375	%		3,200,000		2,902,665
04/15/2030		3.875	%		5,132,000		4,712,794
02/15/2031		2.550	%		2,165,000		1,794,490
04/15/2031		3.500	%		3,258,000		2,867,557
07/15/2033		5.050	%		4,690,000		4,547,341
04/15/2040		4.375	%		3,970,000		3,392,872
02/15/2041		3.000	%		3,880,000		2,732,750
04/15/2050		4.500	%		332,000		274,775
06/15/2054		6.000	%		1,306,000		1,334,702
09/15/2062		5.800	%		1,266,000		1,242,550


Multi-Manager Total Return Bond Strategies Fund \| First Quarter Report 2023		49

PORTFOLIO OF INVESTMENTS (continued)

Multi-Manager Total Return Bond Strategies Fund, November 30, 2023 (Unaudited)


Corporate Bonds & Notes (continued)

Issuer	Coupon Rate			Principal Amount ($)		Value ($)
Vmed O2 UK Financing I PLC^(a)
07/15/2031		4.750	%		1,580,000		1,349,635
Vodafone Group PLC
02/10/2063		5.750	%		550,000		521,211

Total							82,340,394

Wirelines 0.4%
AT&T, Inc.
02/15/2034		5.400	%		1,830,000		1,809,844
05/15/2035		4.500	%		179,000		161,817
08/15/2037		4.900	%		584,000		532,045
03/01/2039		4.850	%		1,086,000		974,760
06/01/2041		3.500	%		659,000		489,564
09/15/2053		3.500	%		9,456,000		6,299,962
09/15/2055		3.550	%		4,128,000		2,725,829
12/01/2057		3.800	%		594,000		405,960
09/15/2059		3.650	%		6,015,000		3,968,451
Bell Canada
05/11/2033		5.100	%		2,309,000		2,257,375
C&W Senior Financing DAC^(a)
09/15/2027		6.875	%		385,000		350,458
Front Range BidCo, Inc.^(a)
03/01/2027		4.000	%		1,500,000		1,148,229
Frontier Communications Corp.^(a)
05/01/2028		5.000	%		269,000		241,426
Frontier Communications Holdings LLC^(a)
03/15/2031		8.625	%		3,108,000		3,063,469
GCI LLC^(a)
10/15/2028		4.750	%		1,480,000		1,327,922
Iliad Holding SAS^(a)
10/15/2026		6.500	%		550,000		535,954
10/15/2028		7.000	%		500,000		478,570
Level 3 Financing, Inc.^(a)
03/01/2027		3.400	%		1,925,000		1,621,812
09/15/2027		4.625	%		225,000		119,250
07/01/2028		4.250	%		425,000		177,767
05/15/2030		10.500	%		950,000		881,790
Qwest Corp.
09/15/2025		7.250	%		3,978,000		3,757,724
Telecom Italia Capital SA
06/04/2038		7.721	%		1,550,000		1,544,803
Total Play Telecomunicaciones SA de CV^(a)
09/20/2028		6.375	%		1,270,000		583,170
Verizon Communications, Inc.
02/15/2025		3.376	%		2,527,000		2,468,101
12/03/2029		4.016	%		530,000		497,261
01/20/2031		1.750	%		555,000		437,465
03/21/2031		2.550	%		552,000		458,079
03/15/2032		2.355	%		4,020,000		3,205,543
11/01/2034		4.400	%		3,852,000		3,541,989


Corporate Bonds & Notes (continued)

Issuer	Coupon Rate			Principal Amount ($)		Value ($)
01/15/2036		4.272	%		1,020,000		914,749
03/22/2041		3.400	%		2,127,000		1,608,110

Total							48,589,248

Total Corporate Bonds & Notes (Cost $3,688,958,341)							3,438,794,107


Foreign Government Obligations^(o),(p)1.3%

Australia 0.0%
NBN Co., Ltd.^(a)
05/05/2026		1.450	%		581,000		530,309
01/08/2027		1.625	%		1,230,000		1,104,413
10/06/2033		6.000	%		1,676,000		1,733,612

Total							3,368,334

Azerbaijan 0.0%
Southern Gas Corridor CJSC^(a)
03/24/2026		6.875	%		450,000		452,395

Bermuda 0.0%
Bermuda Government International Bond^(a)
08/20/2030		2.375	%		1,105,000		904,783

Brazil 0.0%
Brazil Minas SPE via State of Minas Gerais^(a)
02/15/2028		5.333	%		1,450,000		1,408,591
Brazilian Government International Bond
06/12/2030		3.875	%		800,000		714,181
10/20/2033		6.000	%		350,000		340,743

Total							2,463,515

Canada 0.0%
Province of British Columbia
09/01/2036		7.250	%		2,000,000		2,423,025
Province of Manitoba
06/22/2026		2.125	%		300,000		281,104
Province of Quebec^(l)
03/02/2026		7.485	%		230,000		241,792

Total							2,945,921

Chile 0.1%
Chile Government International Bond
01/31/2034		3.500	%		850,000		730,932
Corp. Nacional del Cobre de Chile^(a)
01/08/2034		5.950	%		1,925,000		1,889,079
09/08/2053		6.300	%		950,000		907,269
Corporación Nacional del Cobre de Chile^(a)
11/04/2044		4.875	%		200,000		161,378


50		Multi-Manager Total Return Bond Strategies Fund \| First Quarter Report 2023

PORTFOLIO OF INVESTMENTS (continued)

Multi-Manager Total Return Bond Strategies Fund, November 30, 2023 (Unaudited)


Foreign Government Obligations^(o),(p)(continued)

Issuer	Coupon Rate			Principal Amount ($)		Value ($)
Empresa Nacional del Petroleo^(a)
08/05/2026		3.750	%		750,000		702,966
11/06/2029		5.250	%		450,000		425,278

Total							4,816,902

Colombia 0.1%
Colombia Government International Bond
03/15/2029		4.500	%		750,000		673,701
01/30/2030		3.000	%		315,000		252,409
04/15/2031		3.125	%		200,000		154,447
04/20/2033		8.000	%		200,000		207,893
Ecopetrol SA
01/19/2029		8.625	%		5,830,000		6,038,978
04/29/2030		6.875	%		2,000,000		1,891,990
01/13/2033		8.875	%		3,764,000		3,879,876

Total							13,099,294

Dominican Republic 0.1%
Dominican Republic International Bond^(a)
01/27/2025		5.500	%		100,000		98,836
01/27/2025		5.500	%		100,000		98,836
07/19/2028		6.000	%		1,400,000		1,364,840
07/19/2028		6.000	%		275,000		268,093
02/22/2029		5.500	%		2,655,000		2,516,744
02/22/2029		5.500	%		161,000		152,616
01/30/2030		4.500	%		628,000		555,280
09/23/2032		4.875	%		750,000		647,897

Total							5,703,142

Guatemala 0.0%
Guatemala Government Bond^(a)
08/10/2029		5.250	%		450,000		418,737
10/07/2033		3.700	%		794,000		615,572

Total							1,034,309

Hungary 0.0%
Hungary Government International Bond^(a)
09/22/2031		2.125	%		1,400,000		1,078,544

India 0.0%
Export-Import Bank of India^(a)
08/05/2026		3.375	%		860,000		817,216
02/01/2028		3.875	%		1,025,000		964,389
01/13/2031		2.250	%		1,030,000		827,678
Indian Railway Finance Corp., Ltd.^(a)
01/21/2032		3.570	%		1,110,000		953,743
Power Finance Corp., Ltd.^(a)
12/06/2028		6.150	%		546,000		558,108

Total							4,121,134


Foreign Government Obligations^(o),(p)(continued)

Issuer	Coupon Rate			Principal Amount ($)		Value ($)
Indonesia 0.1%
Freeport Indonesia PT^(a)
04/14/2032		5.315	%		1,045,000		989,749
Indonesia Asahan Aluminium PT/Mineral Industri Persero^(a)
05/15/2030		5.450	%		560,000		544,685
Indonesia Government International Bond^(a)
01/17/2038		7.750	%		1,000,000		1,226,928
Lembaga Pembiayaan Ekspor Indonesia^(a)
04/06/2024		3.875	%		1,450,000		1,438,861
Perusahaan Penerbit SBSN Indonesia III^(a)
06/23/2030		2.800	%		1,000,000		872,852
PT Pertamina Persero^(a)
08/25/2030		3.100	%		1,424,000		1,236,606
05/20/2043		5.625	%		250,000		231,815
PT Perusahaan Listrik Negara^(a)
05/15/2027		4.125	%		5,000,000		4,795,700
05/21/2028		5.450	%		850,000		846,092

Total							12,183,288

Israel 0.0%
Israel Electric Corp., Ltd.^(a)
08/14/2028		4.250	%		2,200,000		2,001,182

Italy 0.1%
Cassa Depositi e Prestiti SpA^(a)
05/05/2026		5.750	%		1,200,000		1,187,022
Republic of Italy Government International Bond
10/17/2029		2.875	%		1,700,000		1,486,140
06/15/2033		5.375	%		8,270,000		8,031,304

Total							10,704,466

Japan 0.0%
Japan Bank for International Cooperation
05/23/2024		2.500	%		600,000		591,362
Japan Finance Organization for Municipalities^(a)
03/12/2024		3.000	%		400,000		397,036

Total							988,398

Kazakhstan 0.0%
KazMunayGas National Co. JSC^(a)
04/19/2027		4.750	%		300,000		285,497
04/24/2030		5.375	%		962,000		905,583
KazTransGas JSC^(a)
09/26/2027		4.375	%		200,000		186,826

Total							1,377,906

Marshall Islands 0.0%
Nakilat, Inc.^(a)
12/31/2033		6.067	%		1,004,171		1,014,864


Multi-Manager Total Return Bond Strategies Fund \| First Quarter Report 2023		51

PORTFOLIO OF INVESTMENTS (continued)

Multi-Manager Total Return Bond Strategies Fund, November 30, 2023 (Unaudited)


Foreign Government Obligations^(o),(p)(continued)

Issuer	Coupon Rate			Principal Amount ($)		Value ($)
Mexico 0.3%
Comision Federal de Electricidad^(a)
05/15/2029		4.688	%		3,647,000		3,316,020
Mexico City Airport Trust^(a)
10/31/2026		4.250	%		1,435,000		1,365,676
04/30/2028		3.875	%		420,000		384,786
10/31/2046		5.500	%		667,000		520,000
07/31/2047		5.500	%		4,424,000		3,452,384
Mexico Government International Bond
04/22/2029		4.500	%		1,500,000		1,440,649
05/24/2031		2.659	%		2,368,000		1,935,281
04/27/2032		4.750	%		250,000		232,541
05/19/2033		4.875	%		300,000		279,008
02/09/2035		6.350	%		200,000		202,018
05/04/2053		6.338	%		340,000		325,046
05/24/2061		3.771	%		550,000		348,958
04/19/2071		3.750	%		750,000		466,474
Pemex Project Funding Master Trust
06/15/2038		6.625	%		50,000		32,845
Petroleos Mexicanos
03/13/2027		6.500	%		11,947,000		10,764,671
02/12/2028		5.350	%		276,000		229,386
01/23/2029		6.500	%		625,000		523,505
01/28/2031		5.950	%		3,025,000		2,267,680
02/16/2032		6.700	%		4,723,000		3,679,897
02/07/2033		10.000	%		1,375,000		1,283,462
06/15/2035		6.625	%		2,215,000		1,557,843
01/23/2046		5.625	%		300,000		169,638
09/21/2047		6.750	%		2,482,000		1,517,787

Total							36,295,555

Morocco 0.0%
Morocco Government International Bond^(a)
12/15/2027		2.375	%		1,300,000		1,140,969
12/15/2050		4.000	%		350,000		232,028
OCP SA^(a)
06/23/2031		3.750	%		350,000		289,160

Total							1,662,157

Norway 0.0%
Equinor ASA
04/06/2030		3.125	%		826,000		752,639

Oman 0.0%
Oman Government International Bond^(a)
01/17/2028		5.625	%		600,000		601,144

Panama 0.0%
Banco Nacional de Panama^(a)
08/11/2030		2.500	%		875,000		642,632
08/11/2030		2.500	%		600,000		440,662


Foreign Government Obligations^(o),(p)(continued)

Issuer	Coupon Rate			Principal Amount ($)		Value ($)
Panama Government International Bond
03/16/2025		3.750	%		200,000		193,020
01/23/2030		3.160	%		657,000		540,366
09/29/2032		2.252	%		200,000		140,278
01/19/2033		3.298	%		250,000		189,358
01/31/2036		6.875	%		1,200,000		1,150,107

Total							3,296,423

Paraguay 0.0%
Paraguay Government International Bond^(a)
04/28/2031		4.950	%		730,000		688,898

Peru 0.1%
Corporación Financiera de Desarrollo SA^(a)
09/28/2027		2.400	%		600,000		522,048
Peruvian Government International Bond
01/23/2031		2.783	%		1,120,000		945,155
12/01/2032		1.862	%		100,000		75,296
03/14/2037		6.550	%		1,785,000		1,909,505
12/01/2060		2.780	%		600,000		347,814
Petroleos del Peru SA^(a)
06/19/2032		4.750	%		2,100,000		1,473,668

Total							5,273,486

Philippines 0.0%
Philippine Government International Bond
05/05/2030		2.457	%		800,000		687,027
01/15/2032		6.375	%		400,000		433,693
10/23/2034		6.375	%		275,000		298,847

Total							1,419,567

Poland 0.0%
Republic of Poland Government International Bond
10/04/2033		4.875	%		790,000		766,305

Romania 0.1%
Romanian Government International Bond^(a)
02/17/2028		6.625	%		200,000		203,645
02/14/2031		3.000	%		2,100,000		1,706,953
05/25/2034		6.000	%		5,488,000		5,311,046
12/02/2040		2.625	%EUR		500,000		333,828

Total							7,555,472

Saudi Arabia 0.0%
Gaci First Investment Co.^(a)
10/13/2032		5.250	%		300,000		300,111
Saudi Government International Bond^(a)
02/02/2061		3.450	%		575,000		364,212

Total							664,323


52		Multi-Manager Total Return Bond Strategies Fund \| First Quarter Report 2023

PORTFOLIO OF INVESTMENTS (continued)

Multi-Manager Total Return Bond Strategies Fund, November 30, 2023 (Unaudited)


Foreign Government Obligations^(o),(p)(continued)

Issuer	Coupon Rate			Principal Amount ($)		Value ($)
Serbia 0.1%
Serbia International Bond^(a)
12/01/2030		2.125	%		6,640,000		5,094,919
09/26/2033		6.500	%		2,800,000		2,753,475

Total							7,848,394

South Africa 0.1%
Eskom Holdings SOC Ltd.^(a)
02/11/2025		7.125	%		950,000		946,535
Republic of South Africa Government International Bond
10/12/2028		4.300	%		525,000		471,958
09/30/2029		4.850	%		3,275,000		2,932,999
06/22/2030		5.875	%		510,000		472,906
South Africa Government International Bond
01/17/2024		4.665	%		1,100,000		1,096,970

Total							5,921,368

Ukraine 0.0%
Ukraine Government International Bond^(a)
09/01/2024		7.750	%		2,410,000		748,497
02/01/2026		8.994	%		1,000,000		299,399
09/01/2027		7.750	%		3,050,000		832,724
11/01/2030		9.750	%		3,850,000		1,108,674

Total							2,989,294

United Arab Emirates 0.0%
DP World Ltd.^(a)
07/02/2037		6.850	%		300,000		316,465
Finance Department Government of Sharjah^(a)
11/23/2032		6.500	%		202,000		204,319

Total							520,784

United States 0.1%
Antares Holdings LP^(a)
07/15/2027		3.750	%		4,605,000		4,027,679
BOC Aviation USA Corp.^(a)
04/29/2024		1.625	%		2,015,000		1,981,495

Total							6,009,174

Virgin Islands 0.0%
Sinopec Group Overseas Development Ltd.^(a)
04/28/2025		3.250	%		400,000		388,517
04/28/2025		3.250	%		300,000		291,387

Total							679,904

Total Foreign Government Obligations (Cost $173,502,355)							151,203,264

Municipal Bonds 0.3%

Issue Description

Coupon
Rate

Principal
Amount ($)

Value ($)

Higher Education 0.1%

University of California

Refunding Revenue Bonds

Taxable General

Series 2017AX

07/01/2025

3.063

5,700,000

5,515,980

University of Michigan

Revenue Bonds

Taxable

Series 2022A

04/01/2122

4.454

4,020,000

3,257,806

University of Virginia

Refunding Revenue Bonds

Taxable

Series 2021B

11/01/2051

2.584

2,020,000

1,253,223

Revenue Bonds

Taxable

Series 2017C

09/01/2117

4.179

725,000

553,728

Total

10,580,737

Hospital 0.1%

California Health Facilities Financing Authority

Refunding Revenue Bonds

Cedars-Sinai Health System

Series 2021

08/15/2051

3.000

1,785,000

1,324,903

Regents of the University of California Medical Center

Revenue Bonds

Taxable

Series 2020N

05/15/2060

3.256

5,525,000

3,511,004

Total

4,835,907

Local General Obligation 0.0%

City of New York

Unlimited General Obligation Bonds

Series 2010 (BAM)

03/01/2036

5.968

3,100,000

3,206,690

Sales Tax 0.0%

Puerto Rico Sales Tax Financing Corp.^(q)

Revenue Bonds

Series 2019A1

07/01/2058

5.000

2,740,000

2,656,649

Special Non Property Tax 0.1%

New York City Transitional Finance Authority

Refunding Revenue Bonds

Future Tax Secured

Subordinated Series 2020B-3

08/01/2035

2.000

3,000,000

2,098,602


Multi-Manager Total Return Bond Strategies Fund \| First Quarter Report 2023		53

PORTFOLIO OF INVESTMENTS (continued)

Multi-Manager Total Return Bond Strategies Fund, November 30, 2023 (Unaudited)


Municipal Bonds (continued)

Issue Description	Coupon Rate			Principal Amount ($)		Value ($)
Revenue Bonds
Future Tax Secured
Subordinated Series 2020D-3
11/01/2032		2.400	%		1,045,000		825,423
New York City Transitional Finance Authority Future Tax
Secured Revenue Bonds
Build America Bonds
Series 2010
08/01/2037		5.508	%		1,245,000		1,223,836
State of Illinois
Revenue Bonds
Taxable Sales Tax
Series 2013
06/15/2028		3.350	%		2,500,000		2,297,242

Total							6,445,103

Turnpike / Bridge / Toll Road 0.0%
Bay Area Toll Authority
Revenue Bonds
Series 2009 (BAM)
04/01/2049		6.263	%		1,920,000		2,102,131
Pennsylvania Turnpike Commission
Revenue Bonds
Build America Bonds
Series 2009
12/01/2039		6.105	%		1,620,000		1,716,116
Texas Private Activity Bond Surface Transportation Corp.
Revenue Bonds
Taxable North Tarrant Express Managed Lanes Project
Series 2019
12/31/2049		3.922	%		875,000		668,387

Total							4,486,634

Total Municipal Bonds (Cost $39,153,526)							32,211,720


Residential Mortgage-Backed Securities - Agency 26.5%

Issuer	Coupon Rate			Principal Amount ($)		Value ($)
Fannie Mae REMICS
CMO Series 2011-84 Class Z
09/25/2041		5.250	%		1,188,029		1,173,421
Federal Home Loan Mortgage Corp.
08/01/2024-
02/01/2025		8.000	%		956		956
10/01/2028-
07/01/2032		7.000	%		90,539		93,036
03/01/2031-
06/01/2052		3.000	%		89,630,716		76,499,274
10/01/2031-
07/01/2037		6.000	%		319,378		329,439
04/01/2033-
11/01/2053		5.500	%		67,371,889		66,439,954


Residential Mortgage-Backed Securities - Agency (continued)

Issuer	Coupon Rate			Principal Amount ($)		Value ($)
05/01/2033-
05/01/2052		3.500	%		55,345,994		49,456,271
10/01/2039-
06/01/2053		5.000	%		29,673,978		28,611,763
09/01/2040-
10/01/2052		4.000	%		40,123,882		36,737,120
09/01/2040-
04/01/2053		4.500	%		61,870,550		58,025,328
06/01/2050-
10/01/2052		2.500	%		308,636,813		250,845,121
12/01/2050-
04/01/2052		2.000	%		46,189,070		35,980,769
CMO Series 2060 Class Z
05/15/2028		6.500	%		41,717		42,011
CMO Series 2310 Class Z
04/15/2031		6.000	%		37,268		37,671
CMO Series 2725 Class TA
12/15/2033		4.500	%		1,525,000		1,469,446
CMO Series 2882 Class ZC
11/15/2034		6.000	%		2,483,370		2,467,382
CMO Series 2953 Class LZ
03/15/2035		6.000	%		2,259,380		2,285,022
CMO Series 3028 Class ZE
09/15/2035		5.500	%		154,456		149,706
CMO Series 3032 Class PZ
09/15/2035		5.800	%		371,914		372,486
CMO Series 3071 Class ZP
11/15/2035		5.500	%		8,109,166		8,029,775
CMO Series 3121 Class EZ
03/15/2036		6.000	%		85,997		86,202
CMO Series 3181 Class AZ
07/15/2036		6.500	%		27,705		28,333
CMO Series 353 Class 300
12/15/2046		3.000	%		5,308,932		4,529,600
CMO Series 3740 Class BA
10/15/2040		4.000	%		1,099,410		1,023,694
CMO Series 3747 Class HY
10/15/2040		4.500	%		2,970,970		2,855,843
CMO Series 3753 Class KZ
11/15/2040		4.500	%		5,165,597		4,943,802
CMO Series 3769 Class ZC
12/15/2040		4.500	%		2,595,061		2,486,338
CMO Series 3841 Class JZ
04/15/2041		5.000	%		227,406		223,006
CMO Series 3888 Class ZG
07/15/2041		4.000	%		506,172		473,393
CMO Series 3926 Class NY
09/15/2041		4.000	%		419,415		392,578


54		Multi-Manager Total Return Bond Strategies Fund \| First Quarter Report 2023

PORTFOLIO OF INVESTMENTS (continued)

Multi-Manager Total Return Bond Strategies Fund, November 30, 2023 (Unaudited)


Residential Mortgage-Backed Securities - Agency (continued)

Issuer	Coupon Rate			Principal Amount ($)		Value ($)
CMO Series 3928 Class MB
09/15/2041		4.500	%		1,015,758		972,351
CMO Series 3934 Class CB
10/15/2041		4.000	%		2,593,799		2,408,137
CMO Series 3982 Class TZ
01/15/2042		4.000	%		969,725		897,722
CMO Series 4027 Class AB
12/15/2040		4.000	%		1,166,071		1,095,930
CMO Series 4057 Class ZB
06/15/2042		3.500	%		5,726,747		5,137,531
CMO Series 4057 Class ZL
06/15/2042		3.500	%		6,294,592		5,537,146
CMO Series 4077 Class KM
11/15/2041		3.500	%		7,892		7,833
CMO Series 4091 Class KB
08/15/2042		3.000	%		6,500,000		5,553,677
CMO Series 4182 Class QN
02/15/2033		3.000	%		102,746		101,547
CMO Series 4361 Class VB
02/15/2038		3.000	%		2,140,944		2,102,371
CMO Series 4421 Class PB
12/15/2044		4.000	%		5,941,237		5,234,555
CMO Series 4440 Class ZX
01/15/2045		4.000	%		12,267,111		10,870,440
CMO Series 4463 Class ZA
04/15/2045		4.000	%		4,504,901		4,110,385
CMO Series 4495 Class PA
09/15/2043		3.500	%		118,690		112,565
CMO Series 4682 Class HZ
04/15/2047		3.500	%		3,050,286		2,655,521
CMO Series 4771 Class HZ
03/15/2048		3.500	%		9,780,578		8,390,998
CMO Series 4774 Class KA
12/15/2045		4.500	%		71,083		70,433
CMO Series 4787 Class PY
05/15/2048		4.000	%		1,060,458		960,769
CMO Series 4793 Class CD
06/15/2048		3.000	%		801,264		687,029
CMO Series 4839 Class A
04/15/2051		4.000	%		2,624,572		2,427,834
CMO Series 4941 Class CZ
11/25/2049		3.000	%		1,124,517		920,889


Residential Mortgage-Backed Securities - Agency (continued)

Issuer	Coupon Rate			Principal Amount ($)		Value ($)
Federal Home Loan Mortgage Corp.^(r)
06/01/2043-
07/01/2043		3.500	%		7,979,575		7,281,820
05/01/2052		3.000	%		12,865,465		10,858,304
06/01/2052		2.000	%		24,634,628		19,142,941
09/01/2052-
10/01/2052		4.000	%		57,075,868		51,831,974
08/01/2053		5.000	%		18,069,823		17,391,416
Federal Home Loan Mortgage Corp.^(b),(d)
-1.0 x 30-day Average SOFR +
5.986%
Cap 6.100%
11/15/2043		0.662	%		11,866,281		807,705
CMO Series 2013-4258 Class SJ
-1.0 x 30-day Average SOFR +
6.536%
Cap 6.650%
10/15/2043		1.212	%		2,917,537		392,997
CMO Series 2014-4313 Class MS
-1.0 x 30-day Average SOFR +
6.036%
Cap 6.150%
04/15/2039		0.712	%		4,202,619		283,484
CMO Series 3404 Class AS
-1.0 x 30-day Average SOFR +
5.781%
Cap 5.895%
01/15/2038		0.457	%		1,472,005		88,444
CMO Series 3578 Class DI
-1.0 x 30-day Average SOFR +
6.536%
Cap 6.650%
04/15/2036		1.212	%		2,147,243		133,019
CMO Series 3833 Class LI
-1.0 x 30-day Average SOFR +
0.286%
10/15/2040		0.000	%		5,474,613		329,387
CMO Series 3892 Class SC
-1.0 x 30-day Average SOFR +
5.836%
Cap 5.950%
07/15/2041		0.512	%		3,328,845		216,201
CMO Series 3997 Class SK
-1.0 x 30-day Average SOFR +
6.486%
Cap 6.600%
11/15/2041		1.162	%		6,095,952		297,453
CMO Series 4087 Class SC
-1.0 x 30-day Average SOFR +
5.436%
Cap 5.550%
07/15/2042		0.112	%		4,130,247		202,943


Multi-Manager Total Return Bond Strategies Fund \| First Quarter Report 2023		55

PORTFOLIO OF INVESTMENTS (continued)

Multi-Manager Total Return Bond Strategies Fund, November 30, 2023 (Unaudited)


Residential Mortgage-Backed Securities - Agency (continued)

Issuer	Coupon Rate			Principal Amount ($)		Value ($)
CMO Series 4281 Class SA
-1.0 x 30-day Average SOFR +
5.986%
Cap 6.100%
12/15/2043		0.662	%		6,570,645		414,485
CMO Series 4635 Class SE
-1.0 x 30-day Average SOFR +
5.986%
Cap 6.100%
12/15/2046		0.662	%		10,307,207		577,355
CMO Series 4910 Class SG
-1.0 x 30-day Average SOFR +
5.936%
Cap 6.050%
09/25/2049		0.607	%		15,562,890		1,736,890
Federal Home Loan Mortgage Corp.^(b)
CMO Series 2380 Class F
30-day Average SOFR +
0.564%
Floor 0.450%, Cap 8.500%
11/15/2031		5.889	%		61,855		61,706
CMO Series 2557 Class FG
30-day Average SOFR +
0.514%
Floor 0.400%, Cap 8.000%
01/15/2033		5.839	%		148,135		147,678
CMO Series 2962 Class PF
30-day Average SOFR +
0.364%
Floor 0.250%, Cap 7.000%
03/15/2035		5.689	%		62,627		62,239
CMO Series 2981 Class FU
30-day Average SOFR +
0.314%
Floor 0.200%, Cap 8.000%
05/15/2030		5.639	%		176,791		174,862
CMO Series 3065 Class EB
-3.0 x 30-day Average SOFR +
19.547%
Cap 19.890%
11/15/2035		3.574	%		293,716		294,524
CMO Series 3081 Class GC
-3.7 x 30-day Average SOFR +
23.414%
Cap 23.833%
12/15/2035		3.892	%		464,923		451,239
CMO Series 3085 Class FV
30-day Average SOFR +
0.814%
Floor 0.700%, Cap 8.000%
08/15/2035		6.139	%		416,189		417,013


Residential Mortgage-Backed Securities - Agency (continued)

Issuer	Coupon Rate			Principal Amount ($)		Value ($)
CMO Series 3564 Class FC
30-day Average SOFR +
1.364%
Floor 1.250%, Cap 6.500%
01/15/2037		6.500	%		152,714		150,611
CMO Series 3680 Class FA
30-day Average SOFR +
1.114%
Floor 1.000%, Cap 6.000%
06/15/2040		6.000	%		462,882		450,401
CMO Series 3852 Class QN
-3.6 x 30-day Average SOFR +
26.796%
Cap 5.500%
05/15/2041		5.500	%		19,268		18,091
CMO Series 4048 Class FJ
30-day Average SOFR +
0.514%
Floor 0.400%, Cap
9,999.000%
07/15/2037		5.618	%		717,509		704,724
CMO Series 5115 Class FD
30-day Average SOFR +
0.250%
Floor 0.250%, Cap 4.000%
08/15/2043		4.000	%		6,486,981		6,085,501
Federal Home Loan Mortgage Corp.^(d)
CMO Series 303 Class C21
01/15/2043		4.000	%		9,987,261		1,683,403
CMO Series 303 Class C30
12/15/2042		4.500	%		6,423,761		1,028,920
CMO Series 364 Class C15
12/15/2046		3.500	%		4,077,099		665,430
CMO Series 4146 Class IA
12/15/2032		3.500	%		4,442,695		448,544
CMO Series 4186 Class IB
03/15/2033		3.000	%		4,592,861		402,845
CMO Series 4627 Class PI
05/15/2044		3.500	%		1,397,568		43,303
CMO Series 4698 Class BI
07/15/2047		5.000	%		11,347,328		1,946,025
CMO Series 5048 Class HI
01/15/2042		4.500	%		2,903,904		464,189
CMO Series 5078 Class NI
06/15/2042		4.000	%		2,740,000		513,483
Federal Home Loan Mortgage Corp.^(c),(d)
CMO Series 351 Class 213
02/15/2046		4.126	%		280,985		51,963
CMO Series 364 Class 141
12/15/2046		2.752	%		323,185		45,311


56		Multi-Manager Total Return Bond Strategies Fund \| First Quarter Report 2023

PORTFOLIO OF INVESTMENTS (continued)

Multi-Manager Total Return Bond Strategies Fund, November 30, 2023 (Unaudited)


Residential Mortgage-Backed Securities - Agency (continued)

Issuer	Coupon Rate			Principal Amount ($)		Value ($)
CMO Series 364 Class 151
12/15/2046		3.381	%		317,008		50,583
CMO Series 364 Class 158
12/15/2046		3.831	%		169,925		30,036
CMO Series 364 Class 167
12/15/2046		2.550	%		302,297		35,768
CMO Series 364 Class C23
12/15/2046		2.935	%		3,973,084		555,927
CMO Series 364 Class C24
12/15/2046		3.456	%		2,247,665		369,807
CMO Series 364 Class C25
12/15/2046		3.969	%		691,897		130,625
CMO Series 368 Class C15
01/25/2048		3.249	%		4,424,982		557,681
CMO Series 5094 Class IO
12/15/2048		1.492	%		13,330,288		914,742
Federal Home Loan Mortgage Corp. Multifamily Structured Pass-Through
Certificates^(c),(d)
CMO Series K051 Class X1
09/25/2025		0.630	%		16,520,364		119,935
CMO Series K058 Class X1
08/25/2026		1.037	%		2,307,847		46,313
CMO Series KW02 Class X1
12/25/2026		0.398	%		9,392,770		27,823
Federal Home Loan Mortgage Corp. REMICS^(b),(d)
CMO Series 204236 Class IS
-1.0 x 30-day Average SOFR +
5.886%
Cap 6.000%
08/15/2043		0.562	%		10,456,024		811,688
CMO Series 204419 Class BS
-1.0 x 30-day Average SOFR +
5.936%
Cap 6.050%
05/15/2053		0.612	%		25,903,387		2,610,953
CMO Series 204461 Class SA
-1.0 x 30-day Average SOFR +
6.086%
Cap 6.200%
04/15/2045		0.762	%		6,079,087		561,003
CMO Series 204839 Class WS
-1.0 x 30-day Average SOFR +
5.986%
Cap 6.100%
08/15/2056		0.662	%		37,795,920		4,770,711
Federal Home Loan Mortgage Corp. REMICS^(d)
CMO Series 204695 Class OI
06/15/2047		4.000	%		2,934,697		495,610


Residential Mortgage-Backed Securities - Agency (continued)

Issuer	Coupon Rate			Principal Amount ($)		Value ($)
CMO Series 204864 Class IU
12/15/2048		4.500	%		2,699,056		493,909
CMO Series 205012 Class MI
09/25/2050		4.000	%		9,373,864		1,831,873
CMO Series 205038 Class ID
11/25/2050		3.500	%		30,749,813		5,315,290
CMO Series 4257 Class IK
12/15/2042		4.000	%		3,555,003		622,855
CMO Series 4999 Class IA
08/25/2050		4.500	%		9,959,407		2,182,161
CMO Series 5043 Class IO
11/25/2050		5.000	%		16,617,829		3,802,563
CMO Series 5058 Class NI
06/25/2050		3.000	%		15,334,890		2,698,131
CMO Series 5079 Class DI
02/25/2051		6.500	%		10,348,683		2,055,652
CMO Series 5088 Class IB
03/25/2051		2.500	%		25,139,906		4,057,815
CMO Series 5095 Class AI
04/25/2051		3.500	%		21,750,787		3,757,283
CMO Series 5113 Class MI
06/25/2051		3.500	%		18,063,162		3,535,373
CMO Series 5115 Class GI
09/25/2050		3.000	%		10,943,014		1,956,342
CMO Series 5153 Class JI
10/25/2051		3.500	%		8,590,663		1,539,449
CMO Series 5217 Class PI
04/25/2052		3.500	%		5,708,849		661,948
CMO Series 5223 Class IM
02/25/2042		5.500	%		10,076,017		1,805,120
Federal Home Loan Mortgage Corp. REMICS
CMO Series 3843 Class JZ
04/15/2041		5.100	%		1,046,350		1,016,226
CMO Series 4372 Class Z
08/15/2044		3.000	%		2,981,774		2,596,351
CMO Series 4402 Class YB
10/15/2044		3.000	%		2,552,462		2,203,380
CMO Series 4612 Class HZ
08/15/2046		2.500	%		7,179,571		5,540,449
CMO Series 4753 Class VZ
12/15/2047		3.000	%		1,190,986		880,178
CMO Series 4755 Class Z
02/15/2048		3.000	%		1,190,986		983,461
CMO Series 5237 Class GA
09/25/2046		4.000	%		2,244,348		2,091,349


Multi-Manager Total Return Bond Strategies Fund \| First Quarter Report 2023		57

PORTFOLIO OF INVESTMENTS (continued)

Multi-Manager Total Return Bond Strategies Fund, November 30, 2023 (Unaudited)


Residential Mortgage-Backed Securities - Agency (continued)

Issuer	Coupon Rate			Principal Amount ($)		Value ($)
Federal Home Loan Mortgage Corp. REMICS^(c),(d)
CMO Series 5065 Class EI
11/25/2044		5.399	%		1,394,639		306,076
Federal National Mortgage Association
06/01/2024		9.000	%		4		4
02/01/2025-
08/01/2027		8.000	%		5,949		6,002
03/01/2026-
03/01/2053		7.000	%		1,360,381		1,398,511
04/01/2027-
06/01/2032		7.500	%		19,671		20,083
05/01/2029-
03/01/2053		6.000	%		19,123,163		19,232,812
08/01/2029-
10/01/2052		3.000	%		279,171,645		237,374,662
01/01/2031-
06/01/2053		2.500	%		265,398,662		216,716,161
03/01/2033-
09/01/2053		5.500	%		49,745,500		49,055,137
10/01/2033-
12/01/2052		3.500	%		101,786,781		90,632,939
07/01/2039-
08/01/2053		5.000	%		108,834,626		104,937,451
08/01/2040-
04/01/2052		2.000	%		248,744,527		195,333,949
10/01/2040-
06/01/2056		4.500	%		69,095,181		64,855,925
02/01/2041-
11/01/2052		4.000	%		121,501,091		111,556,936
11/01/2050-
06/01/2051		1.500	%		40,801,729		30,204,941
06/01/2053		6.500	%		3,369,902		3,423,603
CMO Series 2003-22 Class Z
04/25/2033		6.000	%		79,727		79,941
CMO Series 2003-33 Class PT
05/25/2033		4.500	%		3,732		3,594
CMO Series 2007-50 Class DZ
06/25/2037		5.500	%		404,004		402,353
CMO Series 2010-139 Class HA
11/25/2040		4.000	%		1,395,924		1,284,743
CMO Series 2010-37 Class A1
05/25/2035		5.410	%		32,569		32,322
CMO Series 2011-18 Class ZK
03/25/2041		4.000	%		2,956,869		2,774,060
CMO Series 2011-53 Class WT
06/25/2041		4.500	%		267,727		254,981
CMO Series 2011-87 Class GB
09/25/2041		4.500	%		7,000,000		6,629,309
CMO Series 2012-121 Class GZ
11/25/2042		3.500	%		9,946,671		8,807,517
CMO Series 2012-68 Class ZA
07/25/2042		3.500	%		7,918,751		7,121,960


Residential Mortgage-Backed Securities - Agency (continued)

Issuer	Coupon Rate			Principal Amount ($)		Value ($)
CMO Series 2012-94
09/25/2042		3.500	%		9,229,863		8,184,383
CMO Series 2013-106 Class LA
08/25/2041		4.000	%		1,521,566		1,415,946
CMO Series 2013-16 Class GD
03/25/2033		3.000	%		931,505		911,312
CMO Series 2013-66 Class AP
05/25/2043		6.000	%		38,654		36,058
CMO Series 2018-38 Class PA
06/25/2047		3.500	%		439,266		415,090
CMO Series 2018-55 Class PA
01/25/2047		3.500	%		1,138,072		1,094,254
CMO Series 2018-64 Class ET
09/25/2048		3.000	%		2,618,273		2,282,580
CMO Series 2018-94D Class KD
12/25/2048		3.500	%		682,501		613,165
CMO Series 2019-9 Class DZ
03/25/2049		4.000	%		3,279,213		2,962,642
CMO Series 98-17 Class Z
04/18/2028		6.500	%		25,277		25,003
Federal National Mortgage Association^(r)
11/01/2050-
04/01/2052		2.000	%		66,601,682		51,861,812
05/01/2051		2.500	%		11,081,493		8,997,794
06/01/2052-
06/01/2053		4.500	%		21,390,242		20,039,070
08/01/2052		3.000	%		9,667,233		8,155,024
04/01/2053		5.000	%		35,628,515		34,298,806
07/01/2053		5.500	%		46,474,077		45,818,125
Federal National Mortgage Association^(b)
CMO Series 2002-59 Class HF
30-day Average SOFR +
0.464%
Floor 0.350%, Cap 8.000%
08/17/2032		5.789	%		4,787		4,785
CMO Series 2004-93 Class FC
30-day Average SOFR +
0.314%
Floor 0.200%, Cap 8.000%
12/25/2034		5.643	%		221,407		219,107
CMO Series 2006-71 Class SH
-2.6 x 30-day Average SOFR +
15.437%
Cap 15.738%
05/25/2035		1.462	%		126,104		115,752
CMO Series 2007-90 Class F
30-day Average SOFR +
0.604%
Floor 0.490%, Cap 7.000%
09/25/2037		5.933	%		10,144		10,059


58		Multi-Manager Total Return Bond Strategies Fund \| First Quarter Report 2023

PORTFOLIO OF INVESTMENTS (continued)

Multi-Manager Total Return Bond Strategies Fund, November 30, 2023 (Unaudited)


Residential Mortgage-Backed Securities - Agency (continued)

Issuer	Coupon Rate			Principal Amount ($)		Value ($)
CMO Series 2007-W7 Class 1A4
-6.0 x 30-day Average SOFR +
38.493%
Cap 39.180%
07/25/2037		6.525	%		39,897		45,632
CMO Series 2008-15 Class AS
-5.0 x 30-day Average SOFR +
32.428%
Cap 33.000%
08/25/2036		5.787	%		213,344		249,216
CMO Series 2010-142 Class HS
-2.0 x 30-day Average SOFR +
9.771%
Cap 10.000%
12/25/2040		0.000	%		452,249		261,021
CMO Series 2010-150 Class FL
30-day Average SOFR +
0.664%
Floor 0.550%, Cap 7.000%
10/25/2040		5.993	%		95,828		94,923
CMO Series 2012-1 Class FA
30-day Average SOFR +
0.614%
Floor 0.500%, Cap 6.500%
02/25/2042		5.943	%		703,564		679,044
CMO Series 2012-115 Class MT
-3.0 x 30-day Average SOFR +
13.157%
Cap 4.500%
10/25/2042		0.000	%		310,600		186,594
CMO Series 2016-32 Class GT
-4.5 x 30-day Average SOFR +
17.485%
Cap 4.500%
01/25/2043		0.000	%		32,299		18,777
Federal National Mortgage Association^(b),(d)
CMO Series 2004-29 Class PS
-1.0 x 30-day Average SOFR +
7.486%
Cap 7.600%
05/25/2034		2.157	%		973,795		102,614
CMO Series 2006-43 Class SJ
-1.0 x 30-day Average SOFR +
6.476%
Cap 6.590%
06/25/2036		1.147	%		709,984		62,708
CMO Series 2009-100 Class SA
-1.0 x 30-day Average SOFR +
6.086%
Cap 6.200%
12/25/2039		0.757	%		2,274,562		211,184


Residential Mortgage-Backed Securities - Agency (continued)

Issuer	Coupon Rate			Principal Amount ($)		Value ($)
CMO Series 2009-87 Class NS
-1.0 x 30-day Average SOFR +
6.136%
Cap 6.250%
11/25/2039		0.807	%		3,499,979		230,532
CMO Series 2010-131 Class SA
-1.0 x 30-day Average SOFR +
6.486%
Cap 6.600%
11/25/2040		1.157	%		3,011,206		301,224
CMO Series 2010-21 Class SA
-1.0 x 30-day Average SOFR +
6.136%
Cap 6.250%
03/25/2040		0.807	%		5,399,547		349,843
CMO Series 2010-57 Class SA
-1.0 x 30-day Average SOFR +
6.336%
Cap 6.450%
06/25/2040		1.007	%		1,333,475		111,516
CMO Series 2011-131 Class ST
-1.0 x 30-day Average SOFR +
6.426%
Cap 6.540%
12/25/2041		1.097	%		17,063,425		1,927,979
CMO Series 2011-47 Class GS
-1.0 x 30-day Average SOFR +
5.816%
Cap 5.930%
06/25/2041		0.487	%		4,439,299		302,057
CMO Series 2012-17 Class MS
-1.0 x 30-day Average SOFR +
6.586%
Cap 6.700%
03/25/2027		1.257	%		877,559		12,704
CMO Series 2013-10 Class SJ
-1.0 x 30-day Average SOFR +
6.036%
Cap 6.150%
02/25/2043		0.707	%		3,850,454		318,954
CMO Series 2013-19 Class KS
-1.0 x 30-day Average SOFR +
6.086%
Cap 6.200%
10/25/2041		0.757	%		3,487,976		213,803
CMO Series 2013-34 Class SC
-1.0 x 30-day Average SOFR +
6.036%
Cap 6.150%
04/25/2043		0.707	%		10,852,286		1,065,492


Multi-Manager Total Return Bond Strategies Fund \| First Quarter Report 2023		59

PORTFOLIO OF INVESTMENTS (continued)

Multi-Manager Total Return Bond Strategies Fund, November 30, 2023 (Unaudited)


Residential Mortgage-Backed Securities - Agency (continued)

Issuer	Coupon Rate			Principal Amount ($)		Value ($)
CMO Series 2014-40 Class HS
-1.0 x 30-day Average SOFR +
6.586%
Cap 6.700%
07/25/2044		1.257	%		2,788,889		402,011
CMO Series 2014-52 Class SL
-1.0 x 30-day Average SOFR +
5.986%
Cap 6.100%
09/25/2044		0.657	%		4,748,469		486,729
CMO Series 2015-81 Class SD
-1.0 x 30-day Average SOFR +
6.586%
Cap 6.700%
01/25/2037		1.257	%		3,067,846		209,062
CMO Series 2016-19 Class SA
-1.0 x 30-day Average SOFR +
5.986%
Cap 6.100%
04/25/2046		0.657	%		4,158,497		279,708
CMO Series 2016-32 Class SA
-1.0 x 30-day Average SOFR +
5.986%
Cap 6.100%
10/25/2034		0.657	%		1,884,057		126,803
CMO Series 2016-60 Class QS
-1.0 x 30-day Average SOFR +
5.986%
Cap 6.100%
09/25/2046		0.657	%		5,435,030		395,592
CMO Series 2016-60 Class SD
-1.0 x 30-day Average SOFR +
5.986%
Cap 6.100%
09/25/2046		0.657	%		18,482,771		1,264,961
CMO Series 2016-60 Class SE
-1.0 x 30-day Average SOFR +
6.136%
Cap 6.250%
09/25/2046		0.807	%		5,310,689		347,297
CMO Series 2016-82 Class SG
-1.0 x 30-day Average SOFR +
5.986%
Cap 6.100%
11/25/2046		0.657	%		7,452,997		473,350
CMO Series 2016-88 Class BS
-1.0 x 30-day Average SOFR +
5.986%
Cap 6.100%
12/25/2046		0.657	%		12,663,188		966,085


Residential Mortgage-Backed Securities - Agency (continued)

Issuer	Coupon Rate			Principal Amount ($)		Value ($)
CMO Series 2016-93 Class SL
-1.0 x 30-day Average SOFR +
6.536%
Cap 6.650%
12/25/2046		1.207	%		3,318,892		233,552
CMO Series 2017-26 Class SA
-1.0 x 30-day Average SOFR +
6.036%
Cap 6.150%
04/25/2047		0.707	%		5,028,325		311,751
CMO Series 2017-57 Class SD
-1.0 x 30-day Average SOFR +
3.836%
Cap 2.750%
08/25/2047		0.000	%		5,766,374		92,003
CMO Series 2018-43 Class SE
-1.0 x 30-day Average SOFR +
6.136%
Cap 6.250%
09/25/2038		0.807	%		4,087,481		307,144
CMO Series 2018-61 Class SA
-1.0 x 30-day Average SOFR +
6.086%
Cap 6.200%
08/25/2048		0.757	%		2,986,154		218,482
CMO Series 2019-35 Class SH
-1.0 x 30-day Average SOFR +
6.036%
Cap 6.150%
07/25/2049		0.707	%		12,224,358		802,458
CMO Series 2019-39 Class SB
-1.0 x 30-day Average SOFR +
5.986%
Cap 6.100%
08/25/2049		0.657	%		10,974,359		713,674
Federal National Mortgage Association^(d)
CMO Series 2013-16 Class MI
03/25/2043		4.000	%		3,564,457		367,832
CMO Series 2013-23 Class AI
03/25/2043		5.000	%		4,643,023		798,045
CMO Series 2013-35 Class IB
04/25/2033		3.000	%		5,213,763		478,623
CMO Series 2013-41 Class HI
02/25/2033		3.000	%		5,888,482		370,759
CMO Series 2015-54 Class GI
07/25/2045		5.500	%		22,592,611		3,767,216
CMO Series 2020-42 Class AI
06/25/2050		2.500	%		18,241,658		1,969,457
CMO Series 2020-72 Class LI
12/25/2040		5.000	%		5,127,014		1,026,751


60		Multi-Manager Total Return Bond Strategies Fund \| First Quarter Report 2023

PORTFOLIO OF INVESTMENTS (continued)

Multi-Manager Total Return Bond Strategies Fund, November 30, 2023 (Unaudited)


Residential Mortgage-Backed Securities - Agency (continued)

Issuer	Coupon Rate			Principal Amount ($)		Value ($)
CMO Series 20434 Class C24
06/25/2053		4.500	%		31,952,409		7,423,497
CMO Series 385 Class 8
12/25/2037		5.500	%		1,781,125		355,651
CMO Series 426 Class C58
03/25/2052		3.000	%		37,001,120		6,224,724
CMO Series 427 Class C17
01/25/2035		3.000	%		11,093,708		1,094,340
CMO Series 427 Class C57
02/25/2032		2.500	%		63,990,687		4,215,406
Federal National Mortgage Association^(c),(d)
CMO Series 2021-24 Class IO
03/25/2059		1.132	%		8,066,956		474,379
Federal National Mortgage Association REMICS
CMO Series 2010-136 Class CY
12/25/2040		4.000	%		1,593,977		1,490,189
CMO Series 2012-105 Class Z
10/25/2042		3.500	%		2,647,120		2,343,131
CMO Series 2013-18 Class ZA
03/25/2043		3.000	%		3,453,710		3,029,356
CMO Series 2013-70 Class JZ
07/25/2043		3.000	%		13,526,420		11,364,864
CMO Series 2018-11 Class BX
12/25/2047		4.000	%		8,674,430		7,845,046
CMO Series 2019-70 Class CB
12/25/2049		3.500	%		2,647,567		2,328,665
CMO Series 2020-46 Class JG
07/25/2050		2.000	%		2,065,993		1,620,399
Federal National Mortgage Association REMICS^(d)
CMO Series 2013-10 Class GI
02/25/2033		3.000	%		7,482,623		622,119
CMO Series 2017-54 Class ID
07/25/2047		4.000	%		2,443,322		419,013
CMO Series 2020-74 Class HI
10/25/2050		5.500	%		4,930,909		905,105
CMO Series 2020-99 Class IB
05/25/2050		3.500	%		10,447,254		1,893,595
CMO Series 2021-1 Class IB
02/25/2061		3.500	%		13,602,458		2,421,232
CMO Series 2021-74 Class LI
11/25/2051		3.500	%		21,727,590		4,215,572
CMO Series 2022-38 Class IH
07/25/2052		4.500	%		2,777,777		680,845
CMO Series 2022-5 Class LI
02/25/2052		3.000	%		29,249,768		3,776,920


Residential Mortgage-Backed Securities - Agency (continued)

Issuer	Coupon Rate			Principal Amount ($)		Value ($)
Federal National Mortgage Association REMICS^(b),(d)
CMO Series 2017-14 Class DS
-1.0 x 30-day Average SOFR +
5.936%
Cap 6.050%
03/25/2047		0.607	%		8,680,871		853,893
CMO Series 2017-38 Class S
-1.0 x 30-day Average SOFR +
5.986%
Cap 6.100%
05/25/2047		0.657	%		4,109,037		396,500
CMO Series 2018-45 Class SM
-1.0 x 30-day Average SOFR +
6.086%
Cap 6.200%
06/25/2048		0.757	%		11,094,446		1,204,826
CMO Series 3908 Class XS
-1.0 x 30-day Average SOFR +
6.336%
Cap 6.450%
06/15/2039		1.012	%		8,466,068		741,058
Government National Mortgage Association
05/15/2040-
10/20/2048		5.000	%		2,242,979		2,214,126
05/20/2041-
05/20/2053		4.500	%		11,724,280		11,028,493
02/15/2042-
08/20/2052		4.000	%		16,358,408		14,945,015
03/20/2046-
05/20/2050		3.500	%		33,263,625		30,065,948
12/20/2046-
06/20/2052		3.000	%		98,340,075		85,245,469
03/20/2051-
04/20/2052		2.500	%		33,637,850		28,100,010
01/20/2053-
04/20/2053		5.500	%		43,538,419		43,243,089
CMO Series 2005-45 Class ZA
06/16/2035		6.000	%		1,656,008		1,665,638
CMO Series 2009-104 Class YD
11/20/2039		5.000	%		1,284,337		1,251,956
CMO Series 2009-55 Class LX
07/20/2039		5.000	%		1,586,682		1,568,372
CMO Series 2009-67 Class DB
08/20/2039		5.000	%		1,742,701		1,702,359
CMO Series 2010-108 Class WL
04/16/2040		4.000	%		1,761,372		1,673,454
CMO Series 2010-120 Class AY
09/20/2040		4.000	%		1,616,912		1,530,182
CMO Series 2010-135 Class PE
10/16/2040		4.000	%		3,626,781		3,442,710


Multi-Manager Total Return Bond Strategies Fund \| First Quarter Report 2023		61

PORTFOLIO OF INVESTMENTS (continued)

Multi-Manager Total Return Bond Strategies Fund, November 30, 2023 (Unaudited)


Residential Mortgage-Backed Securities - Agency (continued)

Issuer	Coupon Rate			Principal Amount ($)		Value ($)
CMO Series 2014-3 Class EP
02/16/2043		2.750	%		4,763,201		4,332,246
CMO Series 2016-111 Class PB
08/20/2046		2.500	%		1,097,000		772,167
CMO Series 2018-1 Class LZ
01/20/2048		3.000	%		4,410,096		3,277,537
CMO Series 2018-115 Class DE
08/20/2048		3.500	%		1,479,647		1,320,050
CMO Series 2018-147 Class BZ
10/20/2048		3.500	%		4,097,432		3,693,333
CMO Series 2018-53 Class AL
11/20/2045		3.500	%		733,755		688,903
Government National Mortgage Association^(b)
1-year CMT + 1.134%
03/20/2066		6.525	%		85,489		85,396
1-year CMT + 0.723%
04/20/2066		6.111	%		225,590		224,536
CMO Series 2006-37 Class AS
-6.0 x 1-month Term SOFR +
38.973%
Cap 39.660%
07/20/2036		6.987	%		484,916		588,856
CMO Series 2010-H03 Class FA
1-month Term SOFR + 0.664%
Floor 0.550%, Cap 10.690%
03/20/2060		5.982	%		233,488		232,654
CMO Series 2010-H26 Class LF
1-month Term SOFR + 0.464%
Floor 0.350%, Cap 13.898%
08/20/2058		5.789	%		98,837		98,217
CMO Series 2011-114 Class KF
1-month Term SOFR + 0.564%
Floor 0.450%, Cap 6.500%
03/20/2041		5.896	%		35,819		35,702
CMO Series 2012-H20 Class BA
1-month Term SOFR + 0.814%
Floor 0.700%, Cap 10.500%
09/20/2062		5.999	%		44,140		43,953
CMO Series 2012-H21 Class CF
1-month Term SOFR + 0.814%
Floor 0.700%
05/20/2061		4.871	%		1,680		1,620
CMO Series 2012-H21 Class DF
1-month Term SOFR + 0.764%
Floor 0.650%
05/20/2061		4.871	%		1,497		1,483
CMO Series 2012-H25 Class FA
1-month Term SOFR + 0.814%
Floor 0.700%
12/20/2061		4.700	%		26,113		25,711


Residential Mortgage-Backed Securities - Agency (continued)

Issuer	Coupon Rate			Principal Amount ($)		Value ($)
CMO Series 2013-115 Class EF
1-month Term SOFR + 0.364%
Floor 0.250%, Cap 6.500%
04/16/2028		5.694	%		22,198		22,193
CMO Series 2013-H02 Class FD
1-month Term SOFR + 0.454%
Floor 0.340%, Cap 10.500%
12/20/2062		5.779	%		76,801		76,232
CMO Series 2013-H05 Class FB
1-month Term SOFR + 0.514%
Floor 0.400%
02/20/2062		4.968	%		1,906		1,867
CMO Series 2013-H08 Class BF
1-month Term SOFR + 0.514%
Floor 0.400%, Cap 10.000%
03/20/2063		5.839	%		597,879		591,674
CMO Series 2013-H14 Class FD
1-month Term SOFR + 0.584%
Floor 0.470%, Cap 11.000%
06/20/2063		5.909	%		310,699		308,987
CMO Series 2013-H17 Class FA
1-month Term SOFR + 0.664%
Floor 0.550%, Cap 11.000%
07/20/2063		5.989	%		67,532		67,308
CMO Series 2013-H18 Class EA
1-month Term SOFR + 0.614%
Floor 0.500%, Cap 10.190%
07/20/2063		5.939	%		68,298		68,070
CMO Series 2013-H19 Class FC
1-month Term SOFR + 0.714%
Floor 0.600%, Cap 11.000%
08/20/2063		6.039	%		455,830		454,622
CMO Series 2015-H26 Class FC
1-month Term SOFR + 0.714%
Floor 0.600%, Cap 11.000%
08/20/2065		6.039	%		43,496		43,397
CMO Series 2017-H03 Class FB
1-month Term SOFR + 0.764%
Floor 0.650%, Cap 15.000%
06/20/2066		6.089	%		1,037,667		1,035,917
CMO Series 2018-H04 Class FM
1-month Term SOFR + 0.414%
Floor 0.300%, Cap 11.000%
03/20/2068		5.739	%		1,447,894		1,435,042
CMO Series 2019-H01 Class FL
1-month Term SOFR + 0.564%
Floor 0.450%, Cap 11.000%
12/20/2068		5.889	%		326,314		325,072


62		Multi-Manager Total Return Bond Strategies Fund \| First Quarter Report 2023

PORTFOLIO OF INVESTMENTS (continued)

Multi-Manager Total Return Bond Strategies Fund, November 30, 2023 (Unaudited)


Residential Mortgage-Backed Securities - Agency (continued)

Issuer	Coupon Rate			Principal Amount ($)		Value ($)
CMO Series 2019-H10 Class FM
1-month Term SOFR + 0.514%
Floor 0.400%, Cap 11.000%
05/20/2069		5.839	%		1,251,438		1,240,806
CMO Series 2020-H13 Class FM
1-month Term SOFR + 0.514%
Floor 0.400%, Cap 11.000%
08/20/2070		5.839	%		1,850,985		1,823,602
CMO Series 2022-H01 Class FE
1-month Term SOFR + 0.614%
Floor 0.500%, Cap 99.000%
01/20/2072		5.825	%		10,489,337		10,369,474
CMO Series 2022-H09 Class EF
30-day Average SOFR +
0.450%
Floor 0.450%, Cap 11.000%
04/20/2072		5.775	%		4,749,134		4,709,009
CMO Series 2022-H09 Class GF
30-day Average SOFR +
0.700%
Floor 0.700%
04/20/2072		6.025	%		3,099,015		3,068,027
CMO Series 2022-H22 Class FE
30-day Average SOFR +
1.040%
Floor 1.040%, Cap 7.500%
09/20/2072		6.365	%		2,532,087		2,500,683
Government National Mortgage Association^(b),(d)
CMO Series 2010-31 Class ES
-1.0 x 1-month Term SOFR +
4.886%
Cap 5.000%
03/20/2040		0.000	%		6,485,146		343,329
CMO Series 2011-13 Class S
-1.0 x 1-month Term SOFR +
5.836%
Cap 5.950%
01/16/2041		0.506	%		4,315,732		270,085
CMO Series 2011-30 Class SB
-1.0 x 1-month Term SOFR +
6.486%
Cap 6.600%
02/20/2041		1.155	%		2,091,409		173,779
CMO Series 2015-155 Class SA
-1.0 x 1-month Term SOFR +
5.586%
Cap 5.700%
10/20/2045		0.255	%		2,748,228		232,957


Residential Mortgage-Backed Securities - Agency (continued)

Issuer	Coupon Rate			Principal Amount ($)		Value ($)
CMO Series 2017-93 Class CS
-1.0 x 1-month Term SOFR +
6.086%
Cap 6.200%
06/20/2047		0.754	%		8,490,546		936,864
CMO Series 2019-123 Class SP
-1.0 x 1-month Term SOFR +
5.986%
Cap 6.100%
10/20/2049		0.654	%		11,452,337		748,681
CMO Series 2019-13 Class SA
-1.0 x 1-month Term SOFR +
5.986%
Cap 6.100%
01/20/2049		0.654	%		8,908,524		806,722
CMO Series 2019-6 Class SJ
-1.0 x 1-month Term SOFR +
5.986%
Cap 6.100%
01/20/2049		0.654	%		7,412,631		496,169
CMO Series 2019-86 Class SG
-1.0 x 1-month Term SOFR +
5.486%
Cap 5.600%
07/20/2049		0.155	%		3,635,368		188,597
Government National Mortgage Association^(c)
CMO Series 2010-H17 Class XQ
07/20/2060		5.140	%		1,278		929
CMO Series 2017-H04 Class DA
12/20/2066		4.334	%		405		395
Series 2003-72 Class Z
11/16/2045		5.414	%		256,277		246,822
Government National Mortgage Association^(d)
CMO Series 2013-3 Class IT
01/20/2043		5.000	%		3,041,443		637,438
CMO Series 2016-88 Class PI
07/20/2046		4.000	%		5,688,917		910,176
CMO Series 2016-89 Class HI
07/20/2046		3.500	%		2,177,140		340,539
CMO Series 2017-101 Class AI
07/20/2047		4.000	%		3,765,521		514,934
CMO Series 2017-52 Class AI
04/20/2047		6.000	%		2,795,264		456,453
CMO Series 2017-68 Class TI
05/20/2047		5.500	%		1,123,456		176,055
CMO Series 2017-88 Class JI
09/20/2046		5.500	%		1,790,746		336,697
CMO Series 2019-108 Class MI
07/20/2049		3.500	%		7,499,033		1,049,537


Multi-Manager Total Return Bond Strategies Fund \| First Quarter Report 2023		63

PORTFOLIO OF INVESTMENTS (continued)

Multi-Manager Total Return Bond Strategies Fund, November 30, 2023 (Unaudited)


Residential Mortgage-Backed Securities - Agency (continued)

Issuer	Coupon Rate			Principal Amount ($)		Value ($)
CMO Series 2019-99 Class AI
08/16/2049		4.000	%		5,107,096		1,096,748
CMO Series 2020-134 Class AI
09/20/2050		3.000	%		9,466,901		1,509,864
CMO Series 2020-34 Class IO
12/20/2039		5.000	%		8,190,241		1,627,566
Government National Mortgage Association^(c),(d)
CMO Series 2014-150 Class IO
07/16/2056		0.378	%		10,856,778		171,110
CMO Series 2014-H05 Class AI
02/20/2064		1.419	%		4,197,914		158,282
CMO Series 2014-H14 Class BI
06/20/2064		1.632	%		4,762,184		152,161
CMO Series 2014-H15 Class HI
05/20/2064		1.436	%		3,374,411		111,426
CMO Series 2014-H20 Class HI
10/20/2064		1.309	%		1,089,640		62,337
CMO Series 2015-163 Class IO
12/16/2057		0.738	%		1,582,098		49,185
CMO Series 2015-189 Class IG
01/16/2057		0.621	%		6,351,859		154,936
CMO Series 2015-30 Class IO
07/16/2056		0.690	%		2,475,254		75,792
CMO Series 2015-32 Class IO
09/16/2049		0.577	%		3,690,837		67,578
CMO Series 2015-73 Class IO
11/16/2055		0.438	%		1,451,276		19,432
CMO Series 2015-9 Class IO
02/16/2049		0.520	%		6,628,839		102,895
CMO Series 2015-H22 Class BI
09/20/2065		1.776	%		1,705,084		59,172
CMO Series 2016-72 Class IO
12/16/2055		0.766	%		6,637,594		180,176
CMO Series 2020-171 Class IO
10/16/2060		0.957	%		6,001,060		394,570
CMO Series 2020-32 Class IA
03/16/2047		3.973	%		9,717,375		1,484,380
CMO Series 2021-33 Class IO
10/16/2062		0.841	%		7,808,704		473,721
CMO Series 2021-40 Class IO
02/16/2063		0.824	%		6,857,599		415,441
CMO Series 2021-H03 Class IO
04/20/2070		0.000	%		12,902,246		1,809
CMO Series 2021-H08 Class IA
01/20/2068		0.008	%		1,780,016		4,880


Residential Mortgage-Backed Securities - Agency (continued)

Issuer	Coupon Rate			Principal Amount ($)		Value ($)
Government National Mortgage Association TBA^(e)
12/20/2053		2.500	%		35,325,000		29,485,336
12/20/2053		4.500	%		49,475,000		46,786,448
12/20/2053		5.000	%		49,775,000		48,347,211
12/20/2053		5.500	%		37,775,000		37,496,988
Seasoned Credit Risk Transfer Trust
CMO Series 2018-2 Class MV (FHLMC)
11/25/2057		3.500	%		3,940,316		3,482,180
Uniform Mortgage-Backed Security TBA^(e)
12/13/2053		2.000	%		58,200,000		45,191,390
12/13/2053-
01/16/2054		2.500	%		19,850,000		16,071,929
12/13/2053-
01/16/2054		3.000	%		64,300,000		54,192,077
12/13/2053		3.500	%		30,775,000		26,982,699
12/13/2053		4.000	%		36,975,000		33,565,645
12/13/2053-
01/16/2054		4.500	%		39,875,000		37,334,671
12/13/2053		5.000	%		66,600,000		64,086,675
12/13/2053-
01/16/2054		5.500	%		79,400,000		78,236,404
12/13/2053-
01/16/2054		6.000	%		26,201,000		26,271,422
01/16/2054		6.500	%		9,690,000		9,837,241

Total Residential Mortgage-Backed Securities - Agency (Cost $3,367,000,638)							3,165,211,917


Residential Mortgage-Backed Securities - Non-Agency^{(o) 3.8%}

ACE Securities Corp. Home Equity Loan Trust^(b)
CMO Series 2006-OP1 Class A2D
1-month Term SOFR + 0.594%
Floor 0.240%
04/25/2036		5.937	%		7,174,430		6,329,111
Ajax Mortgage Loan Trust^(a),(c)
CMO Series 2019-F Class A1
07/25/2059		2.860	%		4,188,974		3,927,973
Angel Oak Mortgage Trust^(a),(c)
CMO Series 2022-6 Class A1
07/25/2067		4.300	%		16,604,770		15,500,021
Arroyo Mortgage Trust^(a)
CMO Series 2022-1 Class A3
12/25/2056		3.650	%		1,000,000		702,023
Banc of America Funding Trust
CMO Series 2006-3 Class 4A14
03/25/2036		6.000	%		321,478		249,233
CMO Series 2006-3 Class 5A3
03/25/2036		5.500	%		297,080		253,972
Banc of America Funding Trust^(s)
CMO Series 2006-D Class 3A1
05/20/2036		4.391	%		639,160		547,260


64		Multi-Manager Total Return Bond Strategies Fund \| First Quarter Report 2023

PORTFOLIO OF INVESTMENTS (continued)

Multi-Manager Total Return Bond Strategies Fund, November 30, 2023 (Unaudited)


Residential Mortgage-Backed Securities - Non-Agency^(o) (continued)

Issuer	Coupon Rate			Principal Amount ($)		Value ($)
Banc of America Funding Trust^(b)
CMO Series 2007-C Class 7A1
1-month Term SOFR + 0.534%
Floor 0.420%
05/20/2047		5.866	%		1,360,994		1,201,622
Bayview MSR Opportunity Master Fund Trust^(a),(b)
CMO Series 2022-2 Class AF
30-day Average SOFR +
0.850%
12/25/2051		6.178	%		2,173,731		1,967,521
Bayview MSR Opportunity Master Fund Trust^(a),(c)
Subordinated CMO Series 2021-5 Class B1
11/25/2051		3.485	%		954,620		747,838
Subordinated CMO Series 2022-2 Class B3A
12/25/2051		3.403	%		1,441,249		1,005,388
Bellemeade Re Ltd.^(a),(b)
CMO Series 2019-1A Class M2
1-month Term SOFR + 2.814%
Floor 2.700%
03/25/2029		8.157	%		1,541,933		1,552,426
CMO Series 2021-3A Class M1C
30-day Average SOFR +
1.550%
Floor 1.550%
09/25/2031		6.878	%		2,200,000		2,146,650
CMO Series 2022-1 Class M1C
30-day Average SOFR +
3.700%
Floor 3.700%
01/26/2032		9.029	%		2,500,000		2,506,257
BRAVO Residential Funding Trust^(a),(c)
CMO Series 2021-B Class A1
04/01/2069		2.115	%		7,969,850		7,648,821
Carrington Mortgage Loan Trust^(b)
CMO Series 2006-NC3 Class A3
1-month Term SOFR + 0.264%
Floor 0.150%, Cap 12.500%
08/25/2036		5.757	%		1,276,876		1,193,861
CMO Series 2006-NC3 Class A4
1-month Term SOFR + 0.354%
Floor 0.240%, Cap 12.500%
08/25/2036		5.937	%		9,300,000		7,117,170
Chase Mortgage Finance Corp.^(a),(c)
Subordinated CMO Series 2019-1 Class B2
03/25/2050		3.890	%		913,261		751,798
Subordinated Series 2016-SH1 Class M2
04/25/2045		3.750	%		188,852		167,652
CIM Group^(a),(c)
CMO Series 2020-R7 Class A1A
12/27/2061		2.250	%		5,800,668		4,947,626


Residential Mortgage-Backed Securities - Non-Agency^(o) (continued)

Issuer	Coupon Rate			Principal Amount ($)		Value ($)
CIM Trust^(a),(c)
CMO Series 2019-J2 Class B1
10/25/2049		3.768	%		810,080		687,296
CMO Series 2019-R5 Class M2
09/25/2059		3.250	%		1,100,000		948,126
CMO Series 2020-R6 Class A1A
12/25/2060		2.250	%		3,816,848		3,252,111
CMO Series 2021-NR2 Class A1
07/25/2059		2.568	%		4,350,488		4,226,178
CMO Series 2021-R3 Class A1A
06/25/2057		1.951	%		7,308,360		6,329,782
CMO Series 2022-I1 Class A1
02/25/2067		4.350	%		5,515,108		5,259,679
CMO Series 2023-NR2 Class A1
06/25/2062		6.000	%		5,787,872		5,479,306
CMO Series 2023-R1 Class A1A
04/25/2062		5.400	%		12,243,465		11,537,277
CMO Series 2023-R3 Class A1A
01/25/2063		4.500	%		10,486,509		9,494,008
Citicorp Mortgage Securities Trust
CMO Series 2007-8 Class 1A3
09/25/2037		6.000	%		179,637		172,658
Citigroup Mortgage Loan Trust^(a),(c)
CMO Series 2022-A Class A1
09/25/2062		6.170	%		2,183,996		2,157,300
Citigroup Mortgage Loan Trust, Inc.^(a),(c)
Subordinated CMO Series 2021-J2 Class B3W
07/25/2051		2.769	%		466,014		322,480
Connecticut Avenue Securities^(a),(b)
CMO Series 2023-R07 Class 2M2
30-day Average SOFR +
3.250%
09/25/2043		8.578	%		1,000,000		1,030,454
Connecticut Avenue Securities Trust^(a),(b)
CMO Series 2019-R01 Class 2M2
30-day Average SOFR +
2.564%
07/25/2031		7.893	%		97,658		97,779
CMO Series 2020-R02 Class 2M2
30-day Average SOFR +
2.114%
01/25/2040		7.443	%		212,337		214,291
CMO Series 2020-SBT1 Class 1M2
30-day Average SOFR +
3.764%
02/25/2040		9.093	%		1,500,000		1,558,129


Multi-Manager Total Return Bond Strategies Fund \| First Quarter Report 2023		65

PORTFOLIO OF INVESTMENTS (continued)

Multi-Manager Total Return Bond Strategies Fund, November 30, 2023 (Unaudited)


Residential Mortgage-Backed Securities - Non-Agency^(o) (continued)

Issuer	Coupon Rate			Principal Amount ($)		Value ($)
CMO Series 2020-SBT1 Class 2M2
30-day Average SOFR +
3.764%
02/25/2040		9.093	%		3,500,000		3,645,957
CMO Series 2022-R07 Class 1M2
30-day Average SOFR +
4.650%
06/25/2042		9.978	%		2,700,000		2,904,197
CMO Series 2023-R01 Class 1M2
30-day Average SOFR +
3.750%
12/25/2042		9.078	%		3,750,000		3,933,789
Subordinated CMO Series 2019-R05 Class 1B1
30-day Average SOFR +
4.214%
07/25/2039		9.543	%		1,506,848		1,563,292
Subordinated CMO Series 2020-R02 Class 2B1
30-day Average SOFR +
3.114%
01/25/2040		8.443	%		5,250,000		5,253,315
Subordinated CMO Series 2022-R02 Class 2B1
30-day Average SOFR +
4.500%
01/25/2042		9.828	%		1,000,000		1,030,499
Subordinated CMO Series 2022-R04 Class 1B1
30-day Average SOFR +
5.250%
03/25/2042		10.578	%		750,000		799,186
Countrywide Home Loan Mortgage Pass-Through Trust^(c)
CMO Series 2007-HY5 Class 1A1
09/25/2047		4.713	%		291,025		217,083
Credit Suisse Mortgage Capital Trust^(a),(c)
CMO Series 2021-RP11 Class PT
10/25/2061		3.769	%		7,567,203		5,500,360
Credit Suisse Mortgage Trust^(a),(c)
CMO Series 2022-ATH2 Class A1
05/25/2067		4.547	%		6,387,442		6,036,429
CMO Series 2022-ATH3 Class A3
08/25/2067		6.567	%		1,380,457		1,356,124
CMO Series 2022-JR1 Class A1
10/25/2066		4.267	%		4,058,935		3,958,688
Credit-Based Asset Servicing & Securitization LLC^(c)
CMO Series 2007-CB1 Class AF3
01/25/2037		5.737	%		3,352,881		1,028,629
CSMC Trust^(a),(c)
CMO Series 2018-RPL9 Class A
09/25/2057		3.850	%		4,941,605		4,571,201
CMO Series 2020-RPL2 Class A12
02/25/2060		3.525	%		3,227,888		3,365,042


Residential Mortgage-Backed Securities - Non-Agency^(o) (continued)

Issuer	Coupon Rate			Principal Amount ($)		Value ($)
CMO Series 2020-RPL6 Class A1
03/25/2059		2.688	%		2,391,554		2,351,686
CMO Series 2021-NQM6 Class A1
07/25/2066		1.174	%		7,743,535		5,879,039
CMO Series 2022-RPL4 Class A1
04/25/2062		3.904	%		2,565,061		2,347,976
CSMCM Trust^(a)
CMO Series 2021-RP11 Class CERT
10/27/2061		3.778	%		313,646		230,235
CSMCM Trust Certificates^(a),(c)
CMO Series 2018-RPL4 Class CERT
07/25/2050		3.735	%		1,413,810		1,225,612
Deephaven Residential Mortgage Trust^(a),(c)
CMO Series 2021-4 Class M1
11/25/2066		3.257	%		2,000,000		1,320,224
Domino’s Pizza Master Issuer LLC^(a)
CMO Series 2015-1A Class A2II
10/25/2045		4.474	%		1,860,000		1,798,226
Downey Savings & Loan Association Mortgage Loan Trust^(b)
CMO Series 2005-AR6 Class 2A1A
1-month Term SOFR + 0.694%
Floor 0.290%, Cap 11.000%
10/19/2045		6.026	%		1,099,442		908,283
CMO Series 2006-AR2 Class 2A1A
1-month Term SOFR + 0.314%
Floor 0.200%
10/19/2036		5.646	%		1,794,168		1,190,190
First Franklin Mortgage Loan Trust^(b)
CMO Series 2006-FF18 Class A2D
1-month Term SOFR + 0.324%
Floor 0.210%
12/25/2037		5.877	%		1,188,612		1,005,612
CMO Series 2007-FF2 Class A2B
1-month Term SOFR + 0.214%
Floor 0.100%
03/25/2037		5.657	%		3,193,510		1,483,261
First Horizon Mortgage Pass-Through Trust^(c)
CMO Series 2007-AR1 Class 1A1
05/25/2037		4.010	%		197,282		80,937
Flagstar Mortgage Trust^(a),(c)
Subordinated CMO Series 2018-5 Class B3
09/25/2048		4.457	%		885,783		776,522
Subordinated CMO Series 2019-2 Class B1
12/25/2049		4.007	%		855,211		722,509
Subordinated CMO Series 2019-2 Class B2
12/25/2049		4.007	%		914,664		764,985
Subordinated CMO Series 2021-12 Class B2
11/25/2051		2.982	%		1,240,686		909,587


66		Multi-Manager Total Return Bond Strategies Fund \| First Quarter Report 2023

PORTFOLIO OF INVESTMENTS (continued)

Multi-Manager Total Return Bond Strategies Fund, November 30, 2023 (Unaudited)


Residential Mortgage-Backed Securities - Non-Agency^(o) (continued)

Issuer	Coupon Rate			Principal Amount ($)		Value ($)
Freddie Mac STACR REMIC Trust^(a),(b)
CMO Series 2021-DNA5 Class M2
30-day Average SOFR +
1.650%
01/25/2034		6.978	%		1,002,620		1,005,027
CMO Series 2021-HQA1 Class B1
30-day Average SOFR +
3.000%
08/25/2033		8.328	%		6,500,000		6,509,738
CMO Series 2021-HQA1 Class M2
30-day Average SOFR +
2.250%
08/25/2033		7.578	%		10,482,782		10,431,210
CMO Series 2021-HQA3 Class M2
30-day Average SOFR +
2.100%
09/25/2041		7.428	%		2,410,000		2,367,213
CMO Series 2021-HQA4 Class M2
30-day Average SOFR +
2.350%
12/25/2041		7.678	%		3,000,000		2,955,659
CMO Series 2022-DNA1 Class M2
30-day Average SOFR +
2.500%
01/25/2042		7.828	%		4,875,000		4,857,175
CMO Series 2022-DNA3 Class M1B
30-day Average SOFR +
2.900%
04/25/2042		8.228	%		4,140,000		4,228,944
Subordinated CMO Series 2021-DNA3 Class B1
30-day Average SOFR +
3.500%
10/25/2033		8.828	%		2,025,000		2,090,193
Subordinated CMO Series 2021-DNA6 Class B1
30-day Average SOFR +
3.400%
10/25/2041		8.728	%		2,000,000		2,026,250
Subordinated CMO Series 2021-DNA7 Class M2
30-day Average SOFR +
1.800%
11/25/2041		7.128	%		960,000		947,060
Subordinated CMO Series 2021-HQA3 Class B1
30-day Average SOFR +
3.350%
09/25/2041		8.678	%		620,000		619,994
Subordinated CMO Series 2022-DNA6 Class M2
30-day Average SOFR +
5.750%
09/25/2042		11.078	%		6,000,000		6,568,834


Residential Mortgage-Backed Securities - Non-Agency^(o) (continued)

Issuer	Coupon Rate			Principal Amount ($)		Value ($)
Freddie Mac Structured Agency Credit Risk Debt Notes^(a),(b)
CMO Series 2020-HQA5 Class M2
30-day Average SOFR +
2.600%
11/25/2050		7.928	%		4,080,046		4,147,714
CMO Series 2022-DNA2 Class M1B
30-day Average SOFR +
2.400%
02/25/2042		7.728	%		5,000,000		5,041,000
Subordinated CMO Series 2020-HQA5 Class B1
30-day Average SOFR +
4.000%
11/25/2050		9.328	%		1,805,000		1,932,862
Subordinated CMO Series 2021-DNA7 Class B1
30-day Average SOFR +
3.650%
11/25/2041		8.971	%		710,000		721,319
Galton Funding Mortgage Trust^(a),(c)
CMO Series 2019-1 Class B1
02/25/2059		4.250	%		1,578,332		1,429,829
CMO Series 2019-1 Class B2
02/25/2059		4.500	%		886,353		805,596
Subordinated CMO Series 2018-2 Class B2
10/25/2058		4.750	%		465,456		433,240
GCAT LLC^(a),(c)
CMO Series 2021-1 Class A1
11/25/2049		2.487	%		5,565,711		5,094,807
Genworth Mortgage Insurance Corp.^(a),(b)
CMO Series 2021-3 Class M1B
30-day Average SOFR +
2.900%
Floor 2.900%
02/25/2034		8.221	%		1,000,000		1,003,109
GS Mortgage-Backed Securities Corp. Trust^(a),(c)
CMO Series 2019-PJ3 Class A1
03/25/2050		3.500	%		16,772		14,837
GS Mortgage-Backed Securities Trust^(a),(c)
CMO Series 2023-PJ4 Class A3
01/25/2054		6.000	%		2,411,799		2,383,725
Subordinated CMO Series 2021-GR3 Class B3
04/25/2052		3.384	%		983,824		705,348
GSAMP Trust^(b)
CMO Series 2004-OPT Class M1
1-month Term SOFR + 0.984%
Floor 0.580%
11/25/2034		6.327	%		837,838		773,538
GSR Mortgage Loan Trust^(c)
CMO Series 2006-AR2 Class 2A1
04/25/2036		3.833	%		921,745		605,199


Multi-Manager Total Return Bond Strategies Fund \| First Quarter Report 2023		67

PORTFOLIO OF INVESTMENTS (continued)

Multi-Manager Total Return Bond Strategies Fund, November 30, 2023 (Unaudited)


Residential Mortgage-Backed Securities - Non-Agency^(o) (continued)

Issuer	Coupon Rate			Principal Amount ($)		Value ($)
HarborView Mortgage Loan Trust^(b)
CMO Series 2006-10 Class 1A1A
1-month Term SOFR + 0.314%
Floor 0.200%
11/19/2036		5.846	%		5,434,177		4,216,213
HSI Asset Securitization Corp. Trust^(b)
CMO Series 2006-OPT1 Class M1
1-month Term SOFR + 0.654%
Floor 0.360%
12/25/2035		5.997	%		410,113		406,733
JPMorgan Alternative Loan Trust^(b)
CMO Series 2007-S1 Class A1
1-month Term SOFR + 0.674%
Floor 0.280%, Cap 11.500%
04/25/2047		6.017	%		2,306,978		2,171,793
JPMorgan Mortgage Acquisition Trust^(b)
CMO Series 2007-CH5 Class A5
1-month Term SOFR + 0.374%
Floor 0.260%
06/25/2037		5.717	%		220,812		220,082
JPMorgan Mortgage Trust^(a),(c)
CMO Series 2018-5 Class A13
10/25/2048		3.500	%		878,896		729,099
CMO Series 2018-6 Class 1A10
12/25/2048		3.500	%		133,634		113,203
CMO Series 2019-1 Class A3
05/25/2049		4.000	%		232,224		206,123
CMO Series 2019-2 Class A3
08/25/2049		4.000	%		77,569		70,973
CMO Series 2019-5 Class A3
11/25/2049		4.000	%		178,254		159,763
CMO Series 2019-8 Class A15
03/25/2050		3.500	%		136,739		116,311
CMO Series 2019-9 Class B2A
05/25/2050		3.408	%		1,383,070		1,128,778
CMO Series 2019-HYB1 Class B1
10/25/2049		4.830	%		938,800		873,961
CMO Series 2019-INV2 Class A3
02/25/2050		3.500	%		128,640		108,992
CMO Series 2019-LTV3 Class B3
03/25/2050		4.356	%		1,558,869		1,358,350
CMO Series 2020-1 Class A15
06/25/2050		3.500	%		417,872		358,421
CMO Series 2020-2 Class A15
07/25/2050		3.500	%		268,961		227,577
CMO Series 2020-5 Class A15
12/25/2050		3.000	%		196,574		157,421
CMO Series 2020-5 Class B1
12/25/2050		3.574	%		925,519		753,893


Residential Mortgage-Backed Securities - Non-Agency^(o) (continued)

Issuer	Coupon Rate			Principal Amount ($)		Value ($)
CMO Series 2021-13 Class A3
04/25/2052		2.500	%		9,692,739		7,541,406
Subordinated CMO Series 2017-1 Class B4
01/25/2047		3.449	%		392,327		329,910
Subordinated CMO Series 2017-3 Class B1
08/25/2047		3.747	%		1,176,737		1,026,710
Subordinated CMO Series 2017-6 Class B2
12/25/2048		3.778	%		509,656		431,786
Subordinated CMO Series 2018-8 Class B1
01/25/2049		4.042	%		1,060,309		916,287
Subordinated CMO Series 2018-8 Class B2
01/25/2049		4.042	%		883,591		767,328
Subordinated CMO Series 2019-2 Class B2
08/25/2049		4.420	%		2,084,550		1,846,019
Subordinated CMO Series 2019-6 Class B1
12/25/2049		4.245	%		915,532		799,946
Subordinated CMO Series 2019-8 Class B3A
03/25/2050		3.408	%		1,833,696		1,486,504
Subordinated CMO Series 2019-LTV1 Class B2
06/25/2049		4.605	%		1,472,166		1,358,106
Subordinated CMO Series 2019-LTV2 Class B2
12/25/2049		4.706	%		1,095,800		1,007,114
Subordinated CMO Series 2019-LTV2 Class B3
12/25/2049		4.706	%		913,167		832,634
Subordinated CMO Series 2020-8 Class B2
03/25/2051		3.515	%		1,835,998		1,482,111
Subordinated CMO Series 2021-14 Class B2
05/25/2052		3.158	%		1,500,000		1,135,556
Subordinated CMO Series 2022-LTV2 Class A1
11/25/2052		3.304	%		1,544,467		1,145,971
Subordinated CMO Series 2023-10 Class B3
05/25/2054		6.534	%		1,000,000		917,660
Subordinated CMO Series 2023-8 Class B3
02/25/2054		6.356	%		1,995,349		1,816,588
JPMorgan Mortgage Trust^(a),(b)
CMO Series 2018-7FRB Class A1
1-month Term SOFR + 0.864%
04/25/2046		6.140	%		476,935		451,117
CMO Series 2023-HE2 Class A1
30-day Average SOFR +
1.700%
03/25/2054		7.025	%		577,800		578,020
JPMorgan Trust^(a),(c)
Subordinated CMO Series 2015-3 Class B3
05/25/2045		3.636	%		385,424		343,848


68		Multi-Manager Total Return Bond Strategies Fund \| First Quarter Report 2023

PORTFOLIO OF INVESTMENTS (continued)

Multi-Manager Total Return Bond Strategies Fund, November 30, 2023 (Unaudited)


Residential Mortgage-Backed Securities - Non-Agency^(o) (continued)

Issuer	Coupon Rate			Principal Amount ($)		Value ($)
Legacy Mortgage Asset Trust^(a),(c)
CMO Series 2019-PR1 Class A1
09/25/2059		7.858	%		5,761,173		5,718,867
CMO Series 2020-GS1 Class A1
10/25/2059		5.882	%		2,858,182		2,881,421
CMO Series 2020-GS2 Class A1
03/25/2060		2.750	%		10,323,052		10,278,198
CMO Series 2020-SL1 Class A
01/25/2060		2.734	%		209,523		208,920
CMO Series 2021-GS1 Class A1
10/25/2066		1.892	%		919,304		875,665
CMO Series 2021-SL1 Class A
09/25/2060		1.991	%		505,576		500,635
CMO Series 2021-SL2 Class A
10/25/2068		1.875	%		234,117		218,222
Lehman XS Trust^(b)
CMO Series 2005-5N Class 3A1A
1-month Term SOFR + 0.414%
Floor 0.300%
11/25/2035		5.757	%		287,797		281,356
CMO Series 2006-2N Class 1A1
1-month Term SOFR + 0.634%
Floor 0.260%
02/25/2046		5.977	%		1,066,278		905,063
loanDepot GMSR Master Trust^(a),(b)
Series 2018-GT1 Class A
1-month Term SOFR + 2.914%
Floor 2.800%
10/16/2025		8.227	%		1,300,000		1,200,682
Long Beach Mortgage Loan Trust^(b)
CMO Series 2006-10 Class 1A
1-month Term SOFR + 0.414%
Floor 0.150%
11/25/2036		5.757	%		3,510,077		2,443,009
CMO Series 2006-11 Class 2A2
1-month Term SOFR + 0.214%
Floor 0.100%
12/25/2036		5.657	%		29,077,139		9,892,700
MASTR Alternative Loan Trust
CMO Series 2004-12 Class 4A1
12/25/2034		5.500	%		335,013		321,329
Mello Mortgage Capital Acceptance Trust^(a),(c)
Subordinated CMO Series 2021-INV1 Class B3
06/25/2051		2.960	%		1,923,983		1,322,238
Merrill Lynch First Franklin Mortgage Loan Trust^(b)
CMO Series 2007-1 Class A2D
1-month Term SOFR + 0.454%
Floor 0.340%
04/25/2037		5.797	%		15,689,640		6,036,641


Residential Mortgage-Backed Securities - Non-Agency^(o) (continued)

Issuer	Coupon Rate			Principal Amount ($)		Value ($)
MortgageIT Trust^(b)
CMO Series 2005-5 Class A1
1-month Term SOFR + 0.634%
Floor 0.260%, Cap 11.500%
12/25/2035		5.977	%		412,072		397,494
New Residential Mortgage Loan Trust^(a),(b)
CMO Series 2018-4A Class A1S
1-month Term SOFR + 0.864%
Floor 0.750%
01/25/2048		6.207	%		826,991		806,881
Oaktown Re VI Ltd.^(a),(b)
CMO Series 2021-1A Class M1B
30-day Average SOFR +
2.050%
Floor 2.050%
10/25/2033		7.378	%		536,345		536,190
CMO Series 2021-1A Class M1C
30-day Average SOFR +
3.000%
Floor 3.000%
10/25/2033		8.328	%		2,250,000		2,275,454
Oaktown Re VII Ltd.^(a),(b)
CMO Series 2021-2 Class M1B
30-day Average SOFR +
2.900%
Floor 2.900%
04/25/2034		8.221	%		2,200,000		2,197,005
CMO Series 2021-2 Class M1C
30-day Average SOFR +
3.350%
Floor 3.350%
04/25/2034		8.671	%		2,000,000		1,982,015
OBX Trust^(a),(c)
CMO Series 2019-EXP1 Class 1A3
01/25/2059		4.000	%		41,336		39,299
CMO Series 2019-INV2 Class A25
05/27/2049		4.000	%		85,301		75,052
Opteum Mortgage Acceptance Corp. Asset Backed Pass-Through Certificates^(b)
CMO Series 2005-4 Class M2
1-month Term SOFR + 0.864%
Floor 0.500%
11/25/2035		6.207	%		11,526,000		11,087,197
Preston Ridge Partners Mortgage Trust^(a),(c)
CMO Series 2022-4 Class A1
08/25/2027		5.000	%		2,908,994		2,829,919
Pretium Mortgage Credit Partners LLC^(a),(c)
CMO Series 2021-RN2 Class A1
07/25/2051		1.744	%		5,517,558		5,165,168
CMO Series 2022-RN2 Class A1
06/25/2052		5.000	%		7,755,592		7,408,130


Multi-Manager Total Return Bond Strategies Fund \| First Quarter Report 2023		69

PORTFOLIO OF INVESTMENTS (continued)

Multi-Manager Total Return Bond Strategies Fund, November 30, 2023 (Unaudited)


Residential Mortgage-Backed Securities - Non-Agency^(o) (continued)

Issuer	Coupon Rate			Principal Amount ($)		Value ($)
CMO Series 2022-RN2 Class A2
06/25/2052		6.500	%		13,780,000		12,991,143
CMO Series 2022-RN3 Class A1
08/25/2052		5.000	%		8,822,184		8,512,657
Radnor RE Ltd.^(a),(b)
CMO Series 2021-1 Class M1C
30-day Average SOFR +
2.700%
Floor 2.700%
12/27/2033		7.328	%		3,000,000		3,024,278
RALI Trust^(c)
CMO Series 2005-QA4 Class A41
04/25/2035		4.339	%		8,524		8,422
RALI Trust^(c),(d)
CMO Series 2006-QS18 Class 1AV
12/25/2036		0.464	%		18,717,105		313,637
CMO Series 2007-QS1 Class 2AV
01/25/2037		0.155	%		20,434,618		102,410
Rathlin Residential^(a),(b)
CMO Series 2021-1A Class A
1-month EURIBOR + 2.000%
09/27/2075		5.845	%		EUR 2,187,832		2,318,368
RCKT Mortgage Trust^(a),(c)
Subordinated CMO Series 2019-1 Class B4
09/25/2049		3.838	%		3,539,903		2,875,074
RFMSI Trust^(c)
CMO Series 2005-SA5 Class 1A
11/25/2035		4.034	%		591,538		355,071
CMO Series 2006-SA4 Class 2A1
11/25/2036		5.555	%		138,694		118,139
Seasoned Credit Risk Transfer Trust^(c)
CMO Series 2017-3SC Class HT (FHLMC)
07/25/2056		3.250	%		16,651,192		13,716,105
Seasoned Credit Risk Transfer Trust
CMO Series 2017-4 Class M45T
06/25/2057		4.500	%		2,271,501		2,116,200
CMO Series 2018-2 Class HT (FHLMC)
11/25/2057		3.000	%		260,670		217,903
CMO Series 2018-3 Class HT (FHLMC)
08/25/2057		3.000	%		286,940		237,856
CMO Series 2018-4 Class HT (FHLMC)
03/25/2058		3.000	%		239,422		197,772
CMO Series 2019-1 Class HT (FHLMC)
07/25/2058		3.000	%		960,202		800,397
CMO Series 2019-2 Class HT (FHLMC)
08/25/2058		3.000	%		176,494		146,252
CMO Series 2019-3 Class HT (FHLMC)
10/25/2058		3.000	%		70,561		58,615


Residential Mortgage-Backed Securities - Non-Agency^(o) (continued)

Issuer	Coupon Rate			Principal Amount ($)		Value ($)
Sequoia Mortgage Trust^(a),(c)
CMO Series 2019-4 Class A19
11/25/2049		3.500	%		142,379		118,009
CMO Series 2019-CH2 Class A1
08/25/2049		4.500	%		25,369		24,695
CMO Series 2021-5 Class A19
07/25/2051		2.500	%		653,640		493,039
Subordinated CMO Series 2018-6 Class B1
07/25/2048		4.162	%		1,082,770		967,442
Subordinated CMO Series 2019-2 Class B2
06/25/2049		4.261	%		1,746,780		1,564,361
Subordinated CMO Series 2020-3 Class B2
04/25/2050		3.320	%		973,578		779,215
Subordinated CMO Series 2023-3 Class B3
09/25/2053		6.248	%		1,364,668		1,237,187
Starwood Mortgage Residential Trust^(a),(c)
CMO Series 2021-3 Class A1
06/25/2056		1.127	%		5,416,885		4,275,541
Structured Adjustable Rate Mortgage Loan Trust^(c)
CMO Series 2004-20 Class 1A2
01/25/2035		5.115	%		324,622		296,080
CMO Series 2006-5 Class 1A1
06/25/2036		4.581	%		594,338		526,845
Texas Capital Bank NA^(a),(b)
CMO Series 2021 Class NOTE
3-month USD LIBOR + 4.500%
09/30/2024		10.156	%		5,338,182		5,297,043
Toorak Mortgage Corp., Ltd.^(a),(c)
CMO Series 2022-INV2 Class A1
06/25/2057		4.350	%		5,638,503		5,334,770
Towd Point HE Trust^(a)
CMO Series 2023-1 Class A1A
02/25/2063		6.875	%		945,099		949,976
Verus Securitization Trust^(a),(c)
CMO Series 2022-INV1 Class A3
08/25/2067		5.830	%		1,773,012		1,713,179
WaMu Asset-Backed Certificates Trust^(b)
CMO Series 2007-HE1 Class 2A3
1-month Term SOFR + 0.264%
Floor 0.150%
01/25/2037		5.607	%		3,225,596		1,448,491
WaMu Mortgage Pass-Through Certificates Trust^(c)
CMO Series 2003-AR8 Class A
08/25/2033		5.558	%		181,392		169,943
CMO Series 2004-AR4 Class A6
06/25/2034		5.054	%		1,498,643		1,388,304
CMO Series 2004-AR7 Class A6
07/25/2034		4.957	%		684,210		629,830


70		Multi-Manager Total Return Bond Strategies Fund \| First Quarter Report 2023

PORTFOLIO OF INVESTMENTS (continued)

Multi-Manager Total Return Bond Strategies Fund, November 30, 2023 (Unaudited)


Residential Mortgage-Backed Securities - Non-Agency^(o) (continued)

Issuer	Coupon Rate			Principal Amount ($)		Value ($)
CMO Series 2007-HY1 Class 3A3
02/25/2037		3.704	%		2,117,811		1,726,416
CMO Series 2007-HY3 Class 1A1
03/25/2037		3.478	%		384,230		298,086
WaMu Mortgage Pass-Through Certificates Trust^(b)
CMO Series 2005-AR11 Class A1A
1-month Term SOFR + 0.754%
Floor 0.320%, Cap 10.500%
08/25/2045		6.097	%		529,509		488,710
CMO Series 2005-AR17 Class A1A1
1-month Term SOFR + 0.654%
Floor 0.270%, Cap 10.500%
12/25/2045		5.997	%		1,829,862		1,680,421
CMO Series 2005-AR2 Class 2A1A
1-month Term SOFR + 0.734%
Floor 0.310%, Cap 10.500%
01/25/2045		6.077	%		459,620		437,513
CMO Series 2005-AR9 Class A1A
1-month Term SOFR + 0.754%
Floor 0.320%, Cap 10.500%
07/25/2045		6.097	%		418,265		387,214
CMO Series 2006-AR4 Class 1A1A
1-year MTA + 0.940%
Floor 0.940%
05/25/2046		5.952	%		1,072,602		958,043
CMO Series 2006-AR5 Class A12A
1-year MTA + 0.980%
Floor 0.980%
06/25/2046		5.992	%		322,256		279,628
CMO Series 2007-OC2 Class A3
1-month Term SOFR + 0.734%
Floor 0.310%
06/25/2037		6.077	%		1,635,661		1,498,431
Wells Fargo Mortgage-Backed Securities Trust^(a),(c)
CMO Series 2019-1 Class A1
11/25/2048		3.936	%		40,159		37,020
Subordinated CMO Series 2018-1 Class B3
07/25/2047		3.660	%		1,049,556		859,843
Subordinated CMO Series 2020-1 Class B3
12/25/2049		3.377	%		1,863,076		1,475,629

Total Residential Mortgage-Backed Securities - Non-Agency (Cost $488,955,210)							454,017,432


Senior Loans 0.5%

Borrower	Coupon Rate			Principal Amount ($)		Value ($)
Aerospace & Defense 0.0%
TransDigm, Inc.^(b),(t)
Tranche I Term Loan
3-month Term SOFR + 3.250%
08/24/2028		8.640	%		695,168		695,321

Airlines 0.0%
United AirLines, Inc.^(b),(t)
Tranche B Term Loan
1-month Term SOFR + 3.750%
Floor 0.750%
04/21/2028		9.207	%		854,877		853,902

Brokerage/Asset Managers/Exchanges 0.0%
Deerfield Dakota Holding LLC^(b),(t)
1st Lien Term Loan
3-month Term SOFR + 3.750%
Floor 1.000%
04/09/2027		9.140	%		714,585		699,579

Cable and Satellite 0.1%
Charter Communications Operating LLC^(b),(t)
Tranche B2 Term Loan
3-month Term SOFR + 1.750%
02/01/2027		7.133	%		240,602		240,055
CSC Holdings LLC^(b),(t)
Term Loan
1-month Term SOFR + 2.500%
04/15/2027		7.937	%		3,098,442		2,895,587
1-month Term SOFR + 4.500%
01/18/2028		9.823	%		1,922,743		1,849,448
DirectTV Financing LLC^(b),(t)
Term Loan
1-month Term SOFR + 5.000%
Floor 0.750%
08/02/2027		10.645	%		1,189,000		1,168,288
Virgin Media Bristol LLC^(b),(t)
Tranche N Term Loan
1-month Term SOFR + 2.500%
01/31/2028		7.937	%		1,250,000		1,229,013
Tranche Y Term Loan
6-month Term SOFR + 3.250%
03/31/2031		8.790	%		350,000		344,806

Total							7,727,197

Chemicals 0.0%
Chemours Co. (The)^(b),(t)
Tranche B3 Term Loan
1-month Term SOFR + 3.500%
08/18/2028		8.848	%		953,325		940,818


Multi-Manager Total Return Bond Strategies Fund \| First Quarter Report 2023		71

PORTFOLIO OF INVESTMENTS (continued)

Multi-Manager Total Return Bond Strategies Fund, November 30, 2023 (Unaudited)


Senior Loans (continued)

Borrower	Coupon Rate			Principal Amount ($)		Value ($)
Consumer Cyclical Services 0.0%
8th Avenue Food & Provisions, Inc.^(b),(t)
1st Lien Term Loan
1-month Term SOFR + 3.750%
10/01/2025		9.213	%		64,121		60,365
Amentum Government Services Holdings LLC^(b),(t)
Tranche 1 1st Lien Term Loan
1-month Term SOFR + 4.000%
01/29/2027		9.463	%		308,101		307,100
Arches Buyer, Inc.^(b),(t)
Term Loan
1-month Term SOFR + 3.250%
Floor 0.500%
12/06/2027		8.698	%		255,462		250,991
Pre-Paid Legal Services, Inc.^(b),(t)
1st Lien Term Loan
1-month Term SOFR + 3.500%
Floor 0.500%
12/15/2028		8.963	%		260,769		258,021
Safe Fleet Holdings LLC^(b),(t)
Term Loan
1-month Term SOFR + 3.750%
Floor 0.500%
02/23/2029		9.191	%		168,091		168,301
Spin Holdco, Inc.^(b),(t)
Term Loan
3-month Term SOFR + 4.000%
Floor 0.750%
03/04/2028		9.664	%		723,705		626,135
TruGreen LP^(b),(t)
1st Lien Term Loan
1-month Term SOFR + 4.000%
Floor 0.750%
11/02/2027		9.448	%		285,317		267,282

Total							1,938,195

Consumer Products 0.0%
Osmosis Buyer Ltd.^(b),(t)
Tranche B Term Loan
1-month Term SOFR + 3.750%
Floor 0.500%
07/31/2028		9.071	%		340,249		333,699

Diversified Manufacturing 0.0%
Filtration Group Corp.^(b),(t)
Term Loan
1-month Term SOFR + 4.250%
Floor 0.500%
10/21/2028		9.713	%		187,264		187,459


Senior Loans (continued)

Borrower	Coupon Rate			Principal Amount ($)		Value ($)
Environmental 0.0%
Patriot Container Corp./Wastequip^(b),(t)
1st Lien Term Loan
1-month Term SOFR + 3.750%
Floor 1.000%
03/20/2025		9.198	%		126,406		119,589

Finance Companies 0.0%
Avolon Borrower 1 LLC^(b),(t)
Tranche B5 Term Loan
1-month Term SOFR + 2.250%
Floor 0.500%
12/01/2027		7.681	%		1,954,774		1,955,223
Tranche B6 Term Loan
1-month Term SOFR + 2.500%
Floor 0.500%
06/22/2028		7.831	%		175,372		175,573

Total							2,130,796

Food and Beverage 0.0%
City Brewing Co. LLC^(b),(r),(t)
1st Lien Term Loan
3-month Term SOFR + 3.500%
Floor 0.750%
04/05/2028		9.164	%		489,287		393,387
H-Food Holdings, LLC/Hearthside Food Solutions LLC^(b),(t)
Term Loan
3-month Term SOFR + 3.688%
05/23/2025		9.337	%		60,534		46,813
Naked Juice LLC^(b),(t)
1st Lien Term Loan
3-month Term SOFR + 3.250%
Floor 0.500%
01/24/2029		8.740	%		1,545,079		1,444,896
2nd Lien Term Loan
3-month Term SOFR + 6.000%
Floor 0.500%
01/24/2030		11.490	%		251,405		199,711

Total							2,084,807

Gaming 0.0%
Churchill Downs, Inc.^(b),(t)
Tranche B Term Loan
1-month Term SOFR + 2.000%
03/17/2028		7.448	%		99,490		99,199
Fertitta Entertainment LLC^(b),(t)
Tranche B Term Loan
1-month Term SOFR + 4.000%
Floor 0.500%
01/27/2029		9.348	%		539,559		535,313


72		Multi-Manager Total Return Bond Strategies Fund \| First Quarter Report 2023

PORTFOLIO OF INVESTMENTS (continued)

Multi-Manager Total Return Bond Strategies Fund, November 30, 2023 (Unaudited)


Senior Loans (continued)

Borrower	Coupon Rate			Principal Amount ($)		Value ($)
Light and Wonder International, Inc.^(b),(t)
Tranche B Term Loan
1-month Term SOFR + 3.000%
Floor 0.500%
04/14/2029		8.421	%		453,055		453,137

Total							1,087,649

Health Care 0.1%
Avantor Funding, Inc.^(b),(t)
Tranche B5 Term Loan
1-month Term SOFR + 2.250%
Floor 0.500%
11/08/2027		7.698	%		416,070		415,916
Bausch & Lomb Corp.^(b),(t)
Term Loan
3-month Term SOFR + 3.250%
Floor 0.500%
05/10/2027		8.755	%		217,367		210,466
Bausch & Lomb Corp. ^(b),(t)
Term Loan
1-month Term SOFR + 4.000%
Floor 0.500%
09/29/2028		9.348	%		444,670		434,664
Gainwell Acquisition Corp.^(b),(t)
Tranche B 1st Lien Term Loan
3-month Term SOFR + 4.000%
Floor 0.750%
10/01/2027		9.490	%		736,743		709,115
ICON PLC^(b),(t)
Term Loan
3-month Term SOFR + 2.250%
Floor 0.500%
07/03/2028		7.902	%		487,670		488,382
3-month Term SOFR + 2.250%
Cap 0.500%
07/03/2028		7.902	%		121,503		121,681
Medline Borrower LP^(b),(t)
Term Loan
1-month Term SOFR + 3.000%
Floor 0.500%
10/23/2028		8.463	%		492,500		492,436
Star Parent, Inc.^(b),(t)
Term Loan
3-month Term SOFR + 4.000%
09/27/2030		9.386	%		312,893		305,549

Total							3,178,209

Leisure 0.0%
William Morris Endeavor Entertainment LLC/IMG Worldwide Holdings LLC^(b),(t)
Tranche B1 1st Lien Term Loan
1-month Term SOFR + 2.750%
05/18/2025		8.213	%		536,285		535,539

Senior Loans (continued)

Borrower

Coupon

Rate

Principal

Amount ($)

Value ($)

Media and Entertainment 0.0%

Diamond Sports Group LLC^(b),(t)

1st Lien Term Loan

3-month Term SOFR + 8.000%

Floor 1.000%

05/25/2026

12.775

331,326

239,029

Diamond Sports Group LLC^(m),(t)

2nd Lien Term Loan

08/24/2026

10.680

4,770,042

101,363

MH Sub I LLC/Micro Holding Corp.^(b),(t)

1st Lien Term Loan

1-month Term SOFR + 4.250%

Floor 0.500%

05/03/2028

9.598

275,960

266,953

Total

607,345

Other Financial Institutions 0.0%

Trans Union LLC^(b),(t)

Tranche B6 Term Loan

1-month Term SOFR + 2.250%

Floor 0.500%

12/01/2028

7.713

696,578

696,341

Other Industry 0.0%

Adtalem Global Education, Inc.^(b),(t)

Tranche B Term Loan

1-month Term SOFR + 4.000%

Floor 0.750%

08/12/2028

9.463

432,404

431,954

Artera Services LLC^(b),(t)

1st Lien Term Loan

3-month Term SOFR + 3.250%

Floor 1.000%

03/06/2025

8.740

445,568

405,217

Total

837,171

Packaging 0.0%

Berry Global, Inc. ^(b),(t)

Tranche AA Term Loan

1-month Term SOFR + 1.750%

07/01/2029

7.186

2,665,077

2,655,350

Paper 0.0%

Mativ Holdings, Inc.^(b),(t)

Delayed Draw Term Loan

1-month Term SOFR + 2.500%

05/06/2027

7.948

371,809

360,655

Pharmaceuticals 0.1%

Elanco Animal Health, Inc.^(b),(t)

Term Loan

1-month Term SOFR + 1.750%

08/01/2027

7.170

1,846,264

1,815,265


Multi-Manager Total Return Bond Strategies Fund \| First Quarter Report 2023		73

PORTFOLIO OF INVESTMENTS (continued)

Multi-Manager Total Return Bond Strategies Fund, November 30, 2023 (Unaudited)


Senior Loans (continued)

Borrower	Coupon Rate			Principal Amount ($)		Value ($)
Grifols Worldwide Operations Ltd.^(b),(t)
Tranche B Term Loan
1-month Term SOFR + 2.000%
11/15/2027		7.538	%		1,353,536		1,336,238
Jazz Pharmaceuticals PLC^(b),(t)
Term Loan
1-month Term SOFR + 3.500%
Floor 0.500%
05/05/2028		8.963	%		1,197,184		1,198,848
Organon & Co.^(b),(t)
Term Loan
1-month Term SOFR + 3.000%
Floor 0.500%
06/02/2028		8.436	%		3,008,898		3,001,376
Sunshine Luxembourg VII SARL^(b),(t)
Tranche B3 Term Loan
3-month Term SOFR + 3.750%
Floor 0.750%
10/01/2026		8.990	%		500,000		501,460

Total							7,853,187

Property & Casualty 0.0%
Acrisure LLC^(b),(t)
1st Lien Term Loan
3-month Term SOFR + 3.500%
02/15/2027		9.150	%		900,949		892,129
AmWINS Group, Inc.^(b),(t)
Term Loan
1-month Term SOFR + 2.250%
Floor 0.750%
02/19/2028		7.713	%		1,630,426		1,627,605

Total							2,519,734

Railroads 0.0%
Genesee & Wyoming, Inc.^(b),(t)
Term Loan
3-month Term SOFR + 2.000%
12/30/2026		7.490	%		90,565		90,588

Restaurants 0.0%
1011778 BC ULC^(b),(t)
Tranche B5 Term Loan
1-month Term SOFR + 2.250%
09/23/2030		7.598	%		404,488		402,656
KFC Holding Co./Yum! Brands^(b),(t)
Tranche B Term Loan
1-month Term SOFR + 1.750%
03/15/2028		7.196	%		364,449		363,629

Total							766,285


Senior Loans (continued)

Borrower	Coupon Rate			Principal Amount ($)		Value ($)
Retailers 0.0%
Great Outdoors Group LLC^(b),(t)
Tranche B2 Term Loan
3-month Term SOFR + 3.750%
Floor 0.750%
03/06/2028		9.402	%		1,567,005		1,552,181
Michaels Companies, Inc. (The)^(b),(t)
Tranche B Term Loan
3-month Term SOFR + 4.250%
Floor 0.750%
04/15/2028		9.902	%		1,955,000		1,483,356

Total							3,035,537

Technology 0.1%
athenahealth Group, Inc.^(b),(t)
Term Loan
1-month Term SOFR + 3.250%
Floor 0.500%
02/15/2029		8.598	%		1,397,396		1,370,231
Central Parent LLC^(b),(t)
1st Lien Term Loan
3-month Term SOFR + 4.000%
07/06/2029		9.406	%		328,373		328,432
Coherent Corp.^(b),(t)
Tranche B Term Loan
1-month Term SOFR + 2.750%
Floor 0.500%
07/02/2029		8.213	%		131,997		131,832
CommScope, Inc.^(b),(t)
Term Loan
1-month Term SOFR + 3.250%
04/06/2026		8.713	%		1,038,218		905,658
DTI Holdco, Inc.^(b),(t)
1st Lien Term Loan
3-month Term SOFR + 4.750%
Floor 0.750%
04/26/2029		10.133	%		87,081		84,880
EagleView Technology Corp.^(b),(r),(t)
1st Lien Term Loan
3-month Term SOFR + 3.500%
08/14/2025		9.153	%		644,185		614,527
Entegris, Inc.^(b),(t)
Tranche B Term Loan
3-month Term SOFR + 2.500%
07/06/2029		7.890	%		59,334		59,400
Gen Digital, Inc.^(b),(t)
Tranche A Term Loan
1-month Term SOFR + 1.500%
09/10/2027		6.948	%		597,757		595,366


74		Multi-Manager Total Return Bond Strategies Fund \| First Quarter Report 2023

PORTFOLIO OF INVESTMENTS (continued)

Multi-Manager Total Return Bond Strategies Fund, November 30, 2023 (Unaudited)


Senior Loans (continued)

Borrower	Coupon Rate			Principal Amount ($)		Value ($)
Hudson River Trading LLC^(b),(t)
Term Loan
1-month Term SOFR + 3.000%
03/20/2028		8.463	%		1,147,959		1,138,500
Open Text Corp.^(b),(t)
Term Loan
1-month Term SOFR + 1.750%
05/30/2025		7.198	%		343,217		343,309
1-month Term SOFR + 2.750%
01/31/2030		8.198	%		358,159		358,517
Oracle Corp.^(b),(t)
Tranche 1 Term Loan
1-month Term SOFR + 1.600%
08/16/2027		7.043	%		1,730,353		1,713,049
Peraton Corp.^(b),(t)
Tranche B 1st Lien Term Loan
1-month Term SOFR + 3.750%
Floor 0.750%
02/01/2028		9.198	%		832,620		826,825
Proofpoint, Inc.^(b),(t)
1st Lien Term Loan
1-month Term SOFR + 3.250%
Floor 0.500%
08/31/2028		8.713	%		158,637		157,356
RealPage, Inc.^(b),(t)
1st Lien Term Loan
1-month Term SOFR + 3.000%
Floor 0.500%
04/24/2028		8.463	%		133,300		129,885
Renaissance Holding Corp.^(b),(t)
1st Lien Term Loan
1-month Term SOFR + 4.750%
Floor 0.500%
04/05/2030		10.098	%		352,024		351,183
Xerox Corp.^(b),(r),(t)
Tranche B Term Loan
1-month Term SOFR + 4.000%
Floor 0.500%
11/17/2029		9.348	%		75,608		74,191

Total							9,183,141

Wireless 0.1%
Digicel International Finance Ltd.^(b),(t)
Tranche B 1st Lien Term Loan
3-month USD LIBOR + 3.250%
05/28/2024		5.010	%		2,704,005		2,514,725
SBA Senior Finance II LLC^(b),(t)
Term Loan
1-month Term SOFR + 1.750%
04/11/2025		7.200	%		705,888		706,361

Total							3,221,086


Senior Loans (continued)

Borrower	Coupon Rate			Principal Amount ($)		Value ($)
Wirelines 0.0%
Frontier Communications Holdings LLC^(b),(t)
Tranche B Term Loan
1-month Term SOFR + 3.750%
Floor 0.750%
10/08/2027		9.213	%		208,265		203,775
Level 3 Financing, Inc.^(b),(t)
Tranche B Term Loan
1-month Term SOFR + 1.750%
03/01/2027		7.213	%		420,000		390,776
Lumen Technologies, Inc.^(b),(r),(t)
Tranche B Term Loan
1-month Term SOFR + 2.250%
03/15/2027		7.713	%		150,000		89,679
Zayo Group Holdings, Inc.^(b),(t)
Term Loan
1-month Term SOFR + 3.000%
03/09/2027		8.463	%		1,613,487		1,375,336
1-month Term SOFR + 4.325%
Floor 0.500%
03/09/2027		9.673	%		302,723		257,566

Total							2,317,132

Total Senior Loans (Cost $59,044,200)							56,656,311


Treasury Bills 0.5%

Issuer	Yield			Principal Amount ($)		Value ($)
United States 0.5%
U.S. Treasury Bills^(u)
12/14/2023		5.200	%		3,000,000		2,994,027
12/21/2023		5.220	%		43,000,000		42,871,246
U.S. Treasury Bills
01/18/2024		5.180	%		10,000,000		9,930,991
02/15/2024		5.310	%		6,000,000		5,933,573

Total							61,729,837

Total Treasury Bills (Cost $61,729,723)							61,729,837


U.S. Government & Agency Obligations 0.1%

Issuer	Coupon Rate			Principal Amount ($)		Value ($)
Federal National Mortgage Association^(g)
STRIPS
05/15/2030		0.000	%		295,000		217,789
Residual Funding Corp.^(g)
STRIPS
01/15/2030		0.000	%		9,066,000		6,766,973
04/15/2030		0.000	%		425,000		312,925


Multi-Manager Total Return Bond Strategies Fund \| First Quarter Report 2023		75

PORTFOLIO OF INVESTMENTS (continued)

Multi-Manager Total Return Bond Strategies Fund, November 30, 2023 (Unaudited)


U.S. Government & Agency Obligations (continued)

Issuer	Coupon Rate			Principal Amount ($)		Value ($)
Resolution Funding Corp.^(g)
STRIPS
04/15/2030		0.000	%		2,965,000		2,192,941
Tennessee Valley Authority Principal STRIP^(g)
09/15/2024		0.000	%		445,000		425,074

Total U.S. Government & Agency Obligations (Cost $10,784,517)							9,915,702


U.S. Treasury Obligations 18.0%
U.S. Treasury
09/30/2024		2.125	%		20,000,000		19,492,969
04/30/2025		0.375	%		3,400,000		3,187,766
08/31/2025		5.000	%		5,695,000		5,712,574
10/31/2025		5.000	%		85,581,000		85,982,161
11/30/2025		4.875	%		91,860,000		92,165,004
12/15/2025		4.000	%		17,195,000		16,965,286
11/15/2026		4.625	%		112,288,000		112,788,033
04/30/2028		3.500	%		102,745,000		99,301,438
05/31/2028		3.625	%		22,975,000		22,327,033
07/31/2028		4.125	%		25,670,000		25,461,431
08/31/2028		4.375	%		23,200,000		23,267,063
09/30/2028		4.625	%		41,677,000		42,237,035
10/31/2028		4.875	%		236,200,800		242,105,820
11/30/2028		4.375	%		171,248,000		171,957,075
12/31/2029		3.875	%		100,000,000		97,390,625
10/31/2030		4.875	%		13,661,500		14,082,018
11/30/2030		4.375	%		42,265,000		42,317,831
05/15/2033		3.375	%		21,080,000		19,495,706
08/15/2033		3.875	%		25,500,000		24,543,750
11/15/2033		4.500	%		114,788,700		116,277,366
11/15/2040		1.375	%		28,825,000		17,655,312
08/15/2041		1.750	%		80,675,000		51,909,320
02/15/2042		2.375	%		30,190,000		21,505,658
05/15/2042		3.250	%		52,060,000		42,632,259
11/15/2042		2.750	%		32,165,000		24,224,266
02/15/2043		3.875	%		3,945,000		3,519,680
05/15/2043		3.875	%		23,430,000		20,885,648
08/15/2043		4.375	%		155,867,000		149,096,527
11/15/2043		4.750	%		109,066,900		109,936,027
08/15/2049		2.250	%		7,360,000		4,733,400
05/15/2050		1.250	%		20,680,000		10,155,819
11/15/2050		1.625	%		31,720,000		17,282,444
11/15/2052		4.000	%		10,000,000		9,148,437
05/15/2053		3.625	%		68,680,000		58,667,744
08/15/2053		4.125	%		71,705,200		67,122,790


U.S. Treasury Obligations (continued)

Issuer	Coupon Rate			Principal Amount ($)		Value ($)
11/15/2053		5.000	%		130,417,000		135,633,680
U.S. Treasury^(u)
05/15/2041		2.250	%		57,200,000		40,451,125
11/15/2041		2.000	%		68,115,000		45,647,693
08/15/2043		3.625	%		4,995,000		4,289,456
U.S. Treasury^(g)
STRIPS
02/15/2039		0.000	%		2,670,000		1,291,925
05/15/2039		0.000	%		4,595,000		2,190,164
02/15/2040		0.000	%		5,735,000		2,621,522
05/15/2040		0.000	%		980,000		441,727
11/15/2040		0.000	%		3,590,000		1,571,046
02/15/2041		0.000	%		7,960,000		3,434,616
05/15/2041		0.000	%		7,485,000		3,189,896
08/15/2041		0.000	%		4,455,000		1,872,840
11/15/2041		0.000	%		3,500,000		1,452,090
05/15/2042		0.000	%		400,000		161,641
08/15/2042		0.000	%		5,510,000		2,206,798
11/15/2043		0.000	%		6,314,000		2,378,109
02/15/2044		0.000	%		980,000		365,203
08/15/2044		0.000	%		1,255,000		457,340
02/15/2045		0.000	%		8,770,000		3,233,595
02/15/2045		0.000	%		695,000		247,621
08/15/2048		0.000	%		1,913,621		588,438
02/15/2049		0.000	%		2,000,000		606,328
U.S. Treasury^(g),(u)
STRIPS
05/15/2043		0.000	%		17,045,000		6,568,317

Total U.S. Treasury Obligations (Cost $2,270,340,791)							2,146,434,485


Money Market Funds 8.9%

				Shares		Value ($)
Columbia Short-Term Cash Fund, 5.605%^(v),(w)					1,067,564,354		1,067,350,841

Total Money Market Funds (Cost $1,067,305,387)							1,067,350,841

Total Investments in Securities (Cost: $13,485,186,415)							12,719,383,612

Other Assets & Liabilities, Net							(784,473,880	)

Net Assets							11,934,909,732

At November 30, 2023, securities and/or cash totaling $62,551,782 were pledged as collateral.


76		Multi-Manager Total Return Bond Strategies Fund \| First Quarter Report 2023

PORTFOLIO OF INVESTMENTS (continued)

Multi-Manager Total Return Bond Strategies Fund, November 30, 2023 (Unaudited)

Investments in derivatives

Forward foreign currency exchange contracts

Currency to

be sold

Currency to

be purchased

Counterparty

Settlement

date

Unrealized

appreciation ($)

Unrealized

depreciation ($)

572,379 EUR

621,320 USD

State Street

12/15/2023

—

(2,046

)


Long futures contracts

Description	Number of contracts			Expiration date		Trading currency		Notional amount			Value/Unrealized appreciation ($)		Value/Unrealized depreciation ($)
U.S. Long Bond		466			03/2024		USD		54,259,875			557,796		—
U.S. Long Bond		349			03/2024		USD		40,636,688			32,822		—
U.S. Treasury 10-Year Note		1,717			03/2024		USD		188,521,234			881,624		—
U.S. Treasury 10-Year Note		69			03/2024		USD		7,575,984			69,935		—
U.S. Treasury 2-Year Note		4,115			03/2024		USD		841,356,760			2,304,880		—
U.S. Treasury 2-Year Note		2,643			03/2024		USD		540,390,259			1,699,863		—
U.S. Treasury 2-Year Note		649			03/2024		USD		132,695,149			516,638		—
U.S. Treasury 5-Year Note		2,754			03/2024		USD		294,269,205			1,277,191		—
U.S. Treasury 5-Year Note		642			03/2024		USD		68,598,703			446,560		—
U.S. Treasury 5-Year Note		655			03/2024		USD		69,987,774			—		(258,837	)
U.S. Treasury Ultra 10-Year Note		474			03/2024		USD		53,806,406			432,309		—
U.S. Treasury Ultra 10-Year Note		470			03/2024		USD		53,352,344			384,997		—
U.S. Treasury Ultra Bond		1,406			03/2024		USD		172,938,000			1,905,134		—
U.S. Treasury Ultra Bond		844			03/2024		USD		103,812,000			1,869,670		—
U.S. Treasury Ultra Bond		427			03/2024		USD		52,521,000			626,005		—

Total												13,005,424		(258,837	)


Short futures contracts

Description	Number of contracts			Expiration date		Trading currency		Notional amount			Value/Unrealized appreciation ($)		Value/Unrealized depreciation ($)
U.S. Treasury Ultra 10-Year Note		(323	)		03/2024		USD		(36,665,547	)		—		(406,941	)


Cleared interest rate swap contracts

Fund receives	Fund pays	Payment frequency	Counterparty	Maturity date		Notional currency		Notional amount		Value ($)			Upfront payments ($)		Upfront receipts ($)		Unrealized appreciation ($)		Unrealized depreciation ($)
SOFR	Fixed rate of 3.520%	Receives Annually, Pays Annually	Citi		12/20/2053		USD		15,356,000		791,001			—		—		791,001		—
Fixed rate of 5.384%	SOFR	Receives Annually, Pays Annually	JPMorgan		08/31/2024		USD		427,680,000		246,092			—		—		246,092		—
Fixed rate of 4.946%	SOFR	Receives Annually, Pays Annually	JPMorgan		03/08/2025		USD		33,920,000		(71,743	)		—		—		—		(71,743	)
Fixed rate of 5.088%	SOFR	Receives Annually, Pays Annually	JPMorgan		03/10/2025		USD		107,139,000		68,948			—		—		68,948		—
SOFR	Fixed rate of 4.805%	Receives Annually, Pays Annually	JPMorgan		08/31/2025		USD		167,010,000		(94,386	)		—		—		—		(94,386	)

Total											939,912			—		—		1,106,041		(166,129	)


Cleared credit default swap contracts - sell protection

Reference entity	Counterparty	Maturity date		Receive fixed rate (%)		Payment frequency		Implied credit spread (%)*		Notional currency		Notional amount		Value ($)		Upfront payments ($)		Upfront receipts ($)		Unrealized appreciation ($)		Unrealized depreciation ($)
Markit CDX North America High Yield Index, Series 41	JPMorgan		12/20/2028		5.000		Quarterly		4.039		USD		117,660,000		3,114,221		—		—		3,114,221		—
Markit CDX North America High Yield Index, Series 41	JPMorgan		12/20/2028		5.000		Quarterly		4.039		USD		11,129,100		463,281		—		—		463,281		—

Total															3,577,502		—		—		3,577,502		—


Multi-Manager Total Return Bond Strategies Fund \| First Quarter Report 2023		77

PORTFOLIO OF INVESTMENTS (continued)

Multi-Manager Total Return Bond Strategies Fund, November 30, 2023 (Unaudited)

Implied credit spreads, represented in absolute terms, utilized in determining the market value of credit default swap agreements on corporate or sovereign issues as of period end serve as an indicator of the current status of the payment/performance risk and represent the likelihood or risk of default for the credit derivative. The implied credit spread of a particular referenced entity reflects the cost of buying/selling protection and may include upfront payments required to be made to enter into the agreement. Wider credit spreads represent a deterioration of the referenced entity’s credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement.

Notes to Portfolio of Investments

(a)

Represents privately placed and other securities and instruments exempt from Securities and Exchange Commission registration (collectively, private placements), such as Section 4(a)(2) and Rule 144A eligible securities, which are often sold only to qualified institutional buyers. At November 30, 2023, the total value of these securities amounted to $3,095,255,689, which represents 25.93% of total net assets.

(b)	Variable rate security. The interest rate shown was the current rate as of November 30, 2023.

(c)	Variable or floating rate security, the interest rate of which adjusts periodically based on changes in current interest rates and prepayments on the underlying pool of assets. The interest rate shown was the current rate as of November 30, 2023.

(d)	Represents interest only securities which have the right to receive the monthly interest payments on an underlying pool of mortgage loans.

(e)	Represents a security purchased on a when-issued basis.

(f)	Represents principal only securities which have the right to receive the principal portion only on an underlying pool of mortgage loans.

(g)	Zero coupon bond.

(h)	Represents fair value as determined in good faith under procedures approved by the Board of Trustees. At November 30, 2023, the total value of these securities amounted to $8,694,009, which represents 0.07% of total net assets.

(i)	Non-income producing investment.

(j)	Valuation based on significant unobservable inputs.

(k)	Perpetual security with no specified maturity date.

(l)	Represents a variable rate security with a step coupon where the rate adjusts according to a schedule for a series of periods, typically lower for an initial period and then increasing to a higher coupon rate thereafter. The interest rate shown was the current rate as of November 30, 2023.

(m)	Represents a security in default.

(n)	Payment-in-kind security. Interest can be paid by issuing additional par of the security or in cash.

(o)	Principal amounts are denominated in United States Dollars unless otherwise noted.

(p)	Principal and interest may not be guaranteed by a governmental entity.

(q)

Municipal obligations include debt obligations issued by or on behalf of territories, possessions, or sovereign nations within the territorial boundaries of the United States. At November 30, 2023, the total value of these securities amounted to $2,656,649, which represents 0.02% of total net assets.

(r)	Represents a security purchased on a forward commitment basis.

(s)	Represents a variable rate security where the coupon adjusts periodically through an auction process.

(t)

The stated interest rate represents the weighted average interest rate at November 30, 2023 of contracts within the senior loan facility. Interest rates on contracts are primarily determined either weekly, monthly or quarterly by reference to the indicated base lending rate and spread and the reset period. Base lending rates may be subject to a floor or minimum rate. The interest rate for senior loans purchased on a when-issued or delayed delivery basis will be determined upon settlement, therefore no interest rate is disclosed. Senior loans often require prepayments from excess cash flows or permit the borrowers to repay at their election. The degree to which borrowers repay cannot be predicted with accuracy. As a result, remaining maturities of senior loans may be less than the stated maturities. Generally, the Fund is contractually obligated to receive approval from the agent bank and/or borrower prior to the disposition of a senior loan.

(u)	This security or a portion of this security has been pledged as collateral in connection with derivative contracts.

(v)	The rate shown is the seven-day current annualized yield at November 30, 2023.

(w)

As defined in the Investment Company Act of 1940, as amended, an affiliated company is one in which the Fund owns 5% or more of the company’s outstanding voting securities, or a company which is under common ownership or control with the Fund. The value of the holdings and transactions in these affiliated companies during the period ended November 30, 2023 are as follows:


Affiliated issuers	Beginning of period($)		Purchases($)		Sales($)			Net change in unrealized appreciation (depreciation)($)			End of period($)		Realized gain (loss)($)		Dividends($)		End of period shares
Columbia Short-Term Cash Fund, 5.605%
		1,015,009,456		1,881,556,461		(1,829,198,744	)		(16,332	)		1,067,350,841		155,262		14,163,703		1,067,564,354


78		Multi-Manager Total Return Bond Strategies Fund \| First Quarter Report 2023

PORTFOLIO OF INVESTMENTS (continued)

Multi-Manager Total Return Bond Strategies Fund, November 30, 2023 (Unaudited)

Abbreviation Legend


BAM		Build America Mutual Assurance Co.
BIG		Bond Investors Guarantee
CMO		Collateralized Mortgage Obligation
CMT		Constant Maturity Treasury
CVR		Contingent Value Rights
EURIBOR		Euro Interbank Offered Rate
FHLMC		Federal Home Loan Mortgage Corporation
LIBOR		London Interbank Offered Rate
MTA		Monthly Treasury Average
SOFR		Secured Overnight Financing Rate
STRIPS		Separate Trading of Registered Interest and Principal Securities
TBA		To Be Announced

Currency Legend


EUR		Euro
USD		US Dollar

Investments are valued using policies described in the Notes to Financial Statements in the most recent shareholder report.


Multi-Manager Total Return Bond Strategies Fund \| First Quarter Report 2023		79

You may at any time request, free of charge, to receive a paper copy of this report by calling 800.345.6611.

1QT101_08_P01_(01/24)