PORTFOLIO OF INVESTMENTS – as of September 30, 2020 (Unaudited)

Loomis Sayles Investment Grade Bond Fund

Principal Amount		Description	Value (†)
	Bonds and Notes – 94.5% of Net Assets
	Non-Convertible Bonds – 93.6%
		ABS Car Loan – 6.4%
	$  16,590,000	Ally Auto Receivables Trust, Series 2019-1, Class A3, 2.910%, 9/15/2023	$	16,913,658
	7,865,000	American Credit Acceptance Receivables Trust, Series 2019-3, Class D, 2.890%, 9/12/2025, 144A		8,047,444
	1,965,000	AmeriCredit Automobile Receivables Trust, Series 2018-2, Class D, 4.010%, 7/18/2024		2,087,775
	10,515,000	AmeriCredit Automobile Receivables Trust, Series 2018-3, Class D, 4.040%, 11/18/2024		11,116,717
	25,880,000	AmeriCredit Automobile Receivables Trust, Series 2019-1, Class D, 3.620%, 3/18/2025		26,998,148
	12,340,000	AmeriCredit Automobile Receivables Trust, Series 2019-2, Class D, 2.990%, 6/18/2025		12,984,709
	1,395,000	AmeriCredit Automobile Receivables Trust, Series 2020-2, Class D, 2.130%, 3/18/2026		1,413,280
	4,800,000	Avis Budget Rental Car Funding AESOP LLC, Series 2020-2A, Class A, 2.020%, 2/20/2027, 144A		4,841,880
	3,650,000	CarMax Auto Owner Trust, Series 2018-3, Class D, 3.910%, 1/15/2025		3,759,026
	13,585,000	CarMax Auto Owner Trust, Series 2019-1, Class D, 4.040%, 8/15/2025(a)(b)		13,970,250
	5,811,000	CarMax Auto Owner Trust, Series 2019-2, Class D, 3.410%, 10/15/2025		5,945,447
	2,315,000	CarMax Auto Owner Trust, Series 2019-3, Class D, 2.850%, 1/15/2026		2,393,670
	4,625,000	CarMax Auto Owner Trust, Series 2020-1, Class D, 2.640%, 7/15/2026		4,710,031
	1,800,000	Credit Acceptance Auto Loan Trust, Series 2017-3A, Class C, 3.480%, 10/15/2026, 144A		1,819,198
	23,320,000	Credit Acceptance Auto Loan Trust, Series 2019-1A, Class C, 3.940%, 6/15/2028, 144A		24,383,709
	2,525,000	Credit Acceptance Auto Loan Trust, Series 2020-2A, Class C, 2.730%, 11/15/2029, 144A		2,563,385
	6,555,000	Drive Auto Receivables Trust, Series 2018-5, Class D, 4.300%, 4/15/2026		6,956,311
	16,395,000	Drive Auto Receivables Trust, Series 2019-1, Class D, 4.090%, 6/15/2026		17,211,233
	3,700,000	Drive Auto Receivables Trust, Series 2019-2, Class D, 3.690%, 8/17/2026		3,884,213
	10,760,000	DT Auto Owner Trust, Series 2019-1A, Class D, 3.870%, 11/15/2024, 144A		11,151,395
	3,950,000	DT Auto Owner Trust, Series 2019-2A, Class D, 3.480%, 2/18/2025, 144A		4,101,471
	3,400,000	DT Auto Owner Trust, Series 2019-3A, Class D, 2.960%, 4/15/2025, 144A		3,482,617
	3,790,000	First Investors Auto Owner Trust, Series 2019-1A, Class D, 3.550%, 4/15/2025, 144A		3,952,827
	4,610,000	Flagship Credit Auto Trust, Series 2019-3, Class D, 2.860%, 12/15/2025, 144A		4,717,677
	170,195	Ford Credit Auto Owner Trust, Series 2017-B, Class A3, 1.690%, 11/15/2021		170,320

Principal Amount		Description	Value (†)
	Bonds and Notes – continued
		Non-Convertible Bonds – continued
		ABS Car Loan – continued
	$  30,600,000	Ford Credit Auto Owner Trust, Series 2020-B, Class A3, 0.560%, 10/15/2024	$	30,747,339
	8,555,000	GLS Auto Receivables Trust, Series 2019-2A, Class C, 3.540%, 2/18/2025, 144A		8,872,918
	13,564,820	GM Financial Consumer Automobile Receivables Trust, Series 2019-1, Class A3, 2.970%, 11/16/2023		13,832,857
	6,255,000	GM Financial Consumer Automobile Receivables Trust, Series 2020-1, Class A3, 1.840%, 9/16/2024		6,387,306
	1,400,000	GMF Floorplan Owner Revolving Trust, Series 2020-1, Class C, 1.480%, 8/15/2025, 144A		1,399,453
	132,713	Honda Auto Receivables Owner Trust, Series 2017-2, Class A3, 1.680%, 8/16/2021		132,856
	3,925,000	Honda Auto Receivables Owner Trust, Series 2017-2, Class A4, 1.870%, 9/15/2023		3,936,414
	5,925,000	Honda Auto Receivables Owner Trust, Series 2019-1, Class A3, 2.830%, 3/20/2023		6,055,250
	6,655,000	Nissan Auto Receivables Owner Trust, Series 2019-C, Class A3, 1.930%, 7/15/2024		6,819,361
	18,955,000	Nissan Auto Receivables Owner Trust, Series 2020-B, Class A3, 0.550%, 7/15/2024		18,949,465
	12,815,000	Santander Drive Auto Receivables Trust, Series 2020-1, Class D, 5.350%, 3/15/2028		14,277,537
	27,665,000	Santander Drive Auto Receivables Trust, Series 2019-1, Class D, 3.650%, 4/15/2025		28,760,905
	6,995,000	Santander Drive Auto Receivables Trust, Series 2019-2, Class D, 3.220%, 7/15/2025		7,226,862
	8,455,000	Santander Drive Auto Receivables Trust, Series 2019-3, Class D, 2.680%, 10/15/2025		8,698,731
	2,900,000	Santander Drive Auto Receivables Trust, Series 2020-2, Class D, 2.220%, 9/15/2026		2,942,813
	86,779	Toyota Auto Receivables Owner Trust, Series 2017-B, Class A3, 1.760%, 7/15/2021		86,823
	15,495,000	Westlake Automobile Receivables Trust, Series 2019-1A, Class D, 3.670%, 3/15/2024, 144A		16,049,496
				374,752,777
		ABS Credit Card – 0.4%
	939,000	American Express Credit Account Master Trust, Series 2018-8, Class A, 3.180%, 4/15/2024		965,359
	8,000,000	American Express Credit Account Master Trust, Series 2019-1, Class A, 2.870%, 10/15/2024		8,307,991
	11,730,000	Capital One Multi-Asset Execution Trust, Series 2019-A1, Class A1, 2.840%, 12/15/2024		12,142,689
	1,690,000	Citibank Credit Card Issuance Trust, Series 2016-A2, Class A2, 2.190%, 11/20/2023		1,727,443
				23,143,482
		ABS Home Equity – 5.4%
	15,451,000	American Homes 4 Rent, Series 2015-SFR1, Class E, 5.639%, 4/17/2052, 144A		17,076,473
	2,838,267	Bayview Opportunity Master Fund IVb Trust, Series 2019-RN4, Class A1, 3.278%, 10/28/2034, 144A(c)		2,829,116

Principal Amount		Description	Value (†)
	Bonds and Notes – continued
		Non-Convertible Bonds – continued
		ABS Home Equity – continued
	$    1,250,000	Bayview Opportunity Master Fund IVb Trust, Series 2017-SPL4, Class B2, 4.750%, 1/28/2055, 144A(c)	$	1,337,522
	3,990,000	Bayview Opportunity Master Fund V Trust, Series 2020-RN3, Class A1, 3.105%, 9/25/2035, 144A(c)		3,991,995
	4,800,788	Brass PLC, Series 8A, Class A1, 3-month LIBOR + 0.700%, 0.980%, 11/16/2066, 144A(d)		4,812,637
	1,903,709	Citigroup Mortgage Loan Trust, Series 2019-E, Class A1, 3.228%, 11/25/2070, 144A(c)		1,925,062
	445,439	Citigroup Mortgage Loan Trust, Series 2018-A, Class A1, 4.000%, 1/25/2068, 144A(c)		447,423
	5,084,093	Citigroup Mortgage Loan Trust, Series 2019-B, Class A1, 3.258%, 4/25/2066, 144A(c)		5,141,800
	6,741,203	Citigroup Mortgage Loan Trust, Series 2019-RP1, Class A1, 3.500%, 1/25/2066, 144A(c)		7,204,744
	2,434,000	CoreVest American Finance Trust, Series 2019-1, Class D, 4.818%, 3/15/2052, 144A		2,577,219
	5,454,017	CoreVest American Finance Trust, Series 2019-3, Class A, 2.705%, 10/15/2052, 144A		5,656,832
	2,929,000	CoreVest American Finance Trust, Series 2019-3, Class B, 3.163%, 10/15/2052, 144A		2,969,832
	1,259,000	CoreVest American Finance Trust, Series 2020-2, Class C, 4.845%, 5/15/2052, 144A(c)		1,187,966
	4,710,000	Credit Suisse Mortgage Trust, Series 2020-RPL3, Class A1, 2.691%, 3/25/2060, 144A(c)		4,709,854
	3,083,000	FirstKey Homes Trust, Series 2020-SRF1, Class D, 2.241%, 9/17/2025, 144A		3,102,753
	1,515,000	FirstKey Homes Trust, Series 2020-SRF1, Class E, 2.791%, 8/17/2037, 144A		1,549,589
	3,331,666	GCAT LLC, Series 2019-3, Class A1, 3.352%, 10/25/2049, 144A(c)		3,261,962
	3,798,768	GCAT LLC, Series 2020-1, Class A1, 2.981%, 1/26/2060, 144A(c)		3,736,484
	8,085,992	GCAT Trust, Series 2019-RPL1, Class A1, 2.650%, 10/25/2068, 144A(c)		8,410,242
	653,639	Gosforth Funding PLC, Series 2018-1A, Class A1, 3-month LIBOR + 0.450%, 0.700%, 8/25/2060, 144A(d)		653,522
	1,725,496	Grand Avenue Mortgage Loan Trust, Series 2017-RPL1, Class A1, 3.250%, 8/25/2064, 144A		1,690,466
	2,799,931	Home Partners of America Trust, Series 2019-1, Class D, 3.406%, 9/17/2039, 144A		2,838,759
	2,585,651	Home Partners of America Trust, Series 2019-2, Class D, 3.121%, 10/19/2039, 144A		2,689,532
	3,050,000	Invitation Homes Trust, Series 2018-SFR4, Class D, 1-month LIBOR + 1.650%, 1.801%, 1/17/2038, 144A(d)		3,049,998
	7,020,000	Lanark Master Issuer PLC, Series 2019-2A, Class 1A, 2.710%, 12/22/2069, 144A(c)		7,157,739
	895,000	Lanark Master Issuer PLC, Series 2020-1A, Class 1A, 2.277%, 12/22/2069, 144A(c)		911,405
	10,919,429	Legacy Mortgage Asset Trust, Series 2019-GS7, Class A1, 3.250%, 11/25/2059, 144A(c)		10,919,506
	3,816,385	Legacy Mortgage Asset Trust, Series 2019-GS3, Class A1, 3.750%, 4/25/2059, 144A(c)		3,883,615

Principal Amount		Description	Value (†)
	Bonds and Notes – continued
		Non-Convertible Bonds – continued
		ABS Home Equity – continued
	$    7,921,759	Legacy Mortgage Asset Trust, Series 2020-GS1, Class A1, 2.882%, 10/25/2059, 144A(c)	$	7,941,839
	2,037,181	Legacy Mortgage Asset Trust, Series 2020-GS5, Class A1, 3.250%, 6/25/2060, 144A		2,050,141
	1,467,786	Mill City Mortgage Loan Trust, Series 2018-2, Class M1, 3.750%, 5/25/2058, 144A(c)		1,569,043
	2,744,944	Mill City Mortgage Loan Trust, Series 2019-1, Class M1, 3.500%, 10/25/2069, 144A(c)		3,014,385
	4,405,374	Mill City Mortgage Loan Trust, Series 2019-1, Class A1, 3.250%, 10/25/2069, 144A(c)		4,680,702
	10,920,052	Mill City Mortgage Loan Trust, Series 2019-GS1, Class A1, 2.750%, 7/25/2059, 144A(c)		11,409,780
	1,671,816	New Residential Mortgage Loan Trust, Series 2020-NPL2, Class A1, 3.228%, 8/25/2060, 144A(c)		1,671,629
	5,663,892	OSW Structured Asset Trust, Series 2020-RPL1, Class A1, 3.072%, 12/26/2059, 144A(c)		5,748,764
	2,899,570	Preston Ridge Partners Mortgage LLC, Series 2019-3A, Class A1, 3.351%, 7/25/2024, 144A(c)		2,891,018
	4,980,298	Preston Ridge Partners Mortgage LLC, Series 2019-4A, Class A1, 3.351%, 11/25/2024, 144A(c)		4,987,211
	17,531,812	Preston Ridge Partners Mortgage LLC, Series 2020-1A, Class A1, 2.981%, 2/25/2025, 144A(c)		17,468,531
	7,212,000	Preston Ridge Partners Mortgage LLC, Series 2020-3, Class A1, 3.104%, 9/25/2025, 144A(c)		7,211,879
	3,708,000	Progress Residential Trust, Series 2017-SFR2, Class E, 4.142%, 12/17/2034, 144A		3,724,514
	1,332,000	Progress Residential Trust, Series 2018-SFR2, Class E, 4.656%, 8/17/2035, 144A		1,365,764
	2,290,000	Progress Residential Trust, Series 2018-SFR3, Class D, 4.427%, 10/17/2035, 144A		2,360,131
	2,530,000	Progress Residential Trust, Series 2018-SFR3, Class E, 4.873%, 10/17/2035, 144A		2,601,511
	2,830,000	Progress Residential Trust, Series 2019-SFR1, Class D, 4.168%, 8/17/2035, 144A		2,910,816
	4,732,000	Progress Residential Trust, Series 2019-SFR2, Class D, 3.794%, 5/17/2036, 144A		4,889,342
	1,690,000	Progress Residential Trust, Series 2019-SFR2, Class E, 4.142%, 5/17/2036, 144A		1,739,881
	3,860,000	Progress Residential Trust, Series 2019-SFR4, Class D, 3.136%, 10/17/2036, 144A		3,960,643
	155,000	Progress Residential Trust, Series 2020-SFR2, Class C, 3.077%, 6/17/2037, 144A		160,430
	1,818,000	Progress Residential Trust, Series 2020-SFR3, Class E, 2.296%, 10/17/2027, 144A		1,818,185
	2,189,037	PRPM LLC, Series 2020-2, Class A1, 3.671%, 8/25/2025, 144A(c)		2,189,421
	50,564	RCO V Mortgage LLC, Series 2019-1, Class A1, 3.721%, 5/24/2024, 144A(c)		50,961
	3,751,000	RCO V Mortgage LLC, Series 2020-1, Class A1, 3.105%, 9/25/2025, 144A(c)		3,752,875
	2,172,062	Sequoia Mortgage Trust, Series 2017-CH2, Class A1, 4.000%, 12/25/2047, 144A(c)		2,233,154

Principal Amount		Description	Value (†)
	Bonds and Notes – continued
		Non-Convertible Bonds – continued
		ABS Home Equity – continued
	$    3,962,944	Sequoia Mortgage Trust, Series 2019-CH2, Class A1, 4.500%, 8/25/2049, 144A(c)	$	4,077,220
	4,930,000	Towd Point Mortgage Trust, Series 2017-4, Class M2, 3.250%, 6/25/2057, 144A(c)		5,173,160
	6,390,000	Towd Point Mortgage Trust, Series 2017-5, Class M2, 1-month LIBOR + 1.500%, 1.648%, 2/25/2057, 144A(d)		6,279,888
	2,146,332	Towd Point Mortgage Trust, Series 2015-2, Class 1A13, 2.500%, 11/25/2060, 144A(c)		2,166,317
	935,257	Towd Point Mortgage Trust, Series 2016-1, Class A1B, 2.750%, 2/25/2055, 144A(c)		949,387
	1,775,000	Towd Point Mortgage Trust, Series 2018-4, Class A2, 3.000%, 6/25/2058, 144A(c)		1,870,923
	1,943,340	Towd Point Mortgage Trust, Series 2018-5, Class M1, 3.250%, 7/25/2058, 144A(c)		1,979,153
	17,610,000	Towd Point Mortgage Trust, Series 2019-2, Class M1, 3.750%, 12/25/2058, 144A(c)		18,936,116
	9,650,777	Towd Point Mortgage Trust, Series 2019-4, Class A1, 2.900%, 10/25/2059, 144A(c)		10,224,143
	3,325,000	Towd Point Mortgage Trust, Series 2020-1, Class A2B, 3.250%, 1/25/2060, 144A(c)		3,479,213
	3,950,000	Tricon American Homes, Series 2020-SFR1, Class D, 2.548%, 7/17/2038, 144A		4,022,277
	2,575,000	Tricon American Homes Trust, Series 2019-SFR1, Class D, 3.198%, 3/17/2038, 144A		2,687,528
	9,797,190	Vericrest Opportunity Loan Trust, Series 2019-NPL8, Class A1A, 3.278%, 11/25/2049, 144A(c)		9,806,030
	9,791,512	Vericrest Opportunity Loan Trust, Series 2019-NPL5, Class A1A, 3.352%, 9/25/2049, 144A(c)		9,802,728
	3,684,182	Vericrest Opportunity Loan Trust, Series 2019-NPL9, Class A1A, 3.327%, 11/26/2049, 144A(c)		3,693,368
	7,625,660	Vericrest Opportunity Loan Trust, Series 2020-NPL1, Class A1A, 3.228%, 1/25/2050, 144A(c)		7,640,185
	4,976,883	Vericrest Opportunity Loan Trust, Series 2020-NPL2, Class A1A, 2.981%, 2/25/2050, 144A(c)		4,976,883
	245,189	Vericrest Opportunity Loan Trust, Series 2020-NPL3, Class A1A, 2.981%, 2/25/2050, 144A(c)		245,189
				318,136,305
		ABS Other – 2.9%
	940,000	Dell Equipment Finance Trust, Series 2020-2, Class C, 1.370%, 1/22/2024, 144A		947,469
	945,000	Dell Equipment Finance Trust, Series 2020-2, Class D, 1.920%, 3/23/2026, 144A		945,938
	39,262,848	FAN Engine Securitization Ltd., Series 2013-1A, Class 1A, 4.625%, 10/15/2043, 144A(a)(b)(e)		21,594,566
	12,067,388	Horizon Aircraft Finance I Ltd., Series 2018-1, Class A, 4.458%, 12/15/2038, 144A		11,399,893
	2,847,595	Horizon Aircraft Finance II Ltd., Series 2019-1, Class A, 3.721%, 7/15/2039, 144A		2,658,778
	1,975,000	HPEFS Equipment Trust, Series 2019-1A, Class C, 2.490%, 9/20/2029, 144A		2,018,318

Principal Amount		Description	Value (†)
	Bonds and Notes – continued
		Non-Convertible Bonds – continued
		ABS Other – continued
	$    3,645,000	HPEFS Equipment Trust, Series 2020-1A, Class D, 2.260%, 2/20/2030, 144A	$	3,665,305
	1,980,000	HPEFS Equipment Trust, Series 2020-2A, Class C, 2.000%, 7/22/2030, 144A		2,022,396
	7,572,934	Kestrel Aircraft Funding Ltd., Series 2018-1A, Class A, 4.250%, 12/15/2038, 144A		6,573,879
	13,381,506	MAPS Ltd., Series 2018-1A, Class A, 4.212%, 5/15/2043, 144A		12,313,629
	3,870,701	MAPS Ltd., Series 2019-1A, Class A, 4.458%, 3/15/2044, 144A		3,583,378
	13,610,000	Mariner Finance Issuance Trust, Series 2018-AA, Class A, 4.200%, 11/20/2030, 144A		13,677,459
	3,081,892	Marlette Funding Trust, Series 2019-4A, Class A, 2.390%, 12/17/2029, 144A		3,110,951
	1,117,811	Marlette Funding Trust, Series 2019-1A, Class A, 3.440%, 4/16/2029, 144A		1,128,989
	8,040,000	OneMain Financial Issuance Trust, Series 2019-1A, Class D, 4.220%, 2/14/2031, 144A		8,265,062
	4,675,000	OneMain Financial Issuance Trust, Series 2020-1A, Class B, 4.830%, 5/14/2032, 144A		5,030,076
	6,585,000	OneMain Financial Issuance Trust, Series 2020-2A, Class A, 1.750%, 9/14/2035, 144A		6,634,552
	14,989,742	S-Jets Ltd., Series 2017-1, Class A, 3.967%, 8/15/2042, 144A		13,575,502
	790,000	SLM Private Credit Student Loan Trust, Series 2003-C, Class A3, 28-day ARS, 3.652%, 9/15/2032(d)		775,150
	1,195,000	SLM Private Credit Student Loan Trust, Series 2003-C, Class A4, 28-day ARS, 3.230%, 9/15/2032(d)		1,172,536
	13,765,000	SoFi Consumer Loan Program Trust, Series 2019-1, Class C, 3.730%, 2/25/2028, 144A		14,046,714
	3,659,000	SoFi Consumer Loan Program Trust, Series 2018-1, Class B, 3.650%, 2/25/2027, 144A		3,761,179
	6,720,000	SoFi Consumer Loan Program Trust, Series 2018-4, Class C, 4.170%, 11/26/2027, 144A		6,883,916
	6,805,000	SoFi Consumer Loan Program Trust, Series 2019-2, Class C, 3.460%, 4/25/2028, 144A		6,956,285
	12,755,000	SoFi Consumer Loan Program Trust, Series 2019-3, Class C, 3.350%, 5/25/2028, 144A		13,147,395
	7,370,000	SoFi Consumer Loan Program Trust, Series 2019-4, Class C, 2.840%, 8/25/2028, 144A		7,431,687
				173,321,002
		ABS Student Loan – 0.9%
	8,015,799	ELFI Graduate Loan Program LLC, Series 2019-A, Class A, 2.540%, 3/25/2044, 144A		8,237,823
	8,825,000	Laurel Road Prime Student Loan Trust, Series 2020-A, Class A2FX, 1.400%, 11/25/2050, 144A		8,852,137
	656,000	SLM Private Credit Student Loan Trust, Series 2003-A, Class A3, 28-day ARS, 3.150%, 6/15/2032(d)		642,884
	489,000	SLM Private Credit Student Loan Trust, Series 2003-A, Class A4, 28-day ARS, 3.170%, 6/15/2032(d)		479,223

Principal Amount		Description	Value (†)
	Bonds and Notes – continued
		Non-Convertible Bonds – continued
		ABS Student Loan – continued
	$       959,000	SLM Private Credit Student Loan Trust, Series 2003-B, Class A3, 28-day ARS, 3.180%, 3/15/2033(d)	$	939,723
	651,000	SLM Private Credit Student Loan Trust, Series 2003-B, Class A4, 28-day ARS, 3.200%, 3/15/2033(d)		637,914
	2,500,000	SMB Private Education Loan Trust, Series 2015-C, Class B, 3.500%, 9/15/2043, 144A		2,615,217
	565,000	SMB Private Education Loan Trust, Series 2018-B, Class B, 4.000%, 7/15/2042, 144A		565,121
	1,525,000	SMB Private Education Loan Trust, Series 2018-C, Class B, 4.000%, 11/17/2042, 144A		1,572,641
	10,385,000	SMB Private Education Loan Trust, Series 2019-A, Class A2A, 3.440%, 7/15/2036, 144A		10,937,986
	16,265,000	SMB Private Education Loan Trust, Series 2019-B, Class A2A, 2.840%, 6/15/2037, 144A		17,138,819
				52,619,488
		ABS Whole Business – 1.3%
	10,082,550	Adams Outdoor Advertising LP, Series 2018-1, Class A, 4.810%, 11/15/2048, 144A		10,490,685
	3,595,000	Adams Outdoor Advertising LP, Series 2018-1, Class B, 5.653%, 11/15/2048, 144A		3,636,805
	25,977,375	Coinstar Funding LLC, Series 2017-1A, Class A2, 5.216%, 4/25/2047, 144A		24,647,284
	7,224,030	DB Master Finance LLC, Series 2019-1A, Class A23, 4.352%, 5/20/2049, 144A		7,860,828
	2,549,895	Domino’s Pizza Master Issuer LLC, Series 2017-1A, Class A23, 4.118%, 7/25/2047, 144A		2,750,317
	5,204,780	Domino’s Pizza Master Issuer LLC, Series 2018-1A, Class A2II, 4.328%, 7/25/2048, 144A		5,663,425
	4,084,138	Domino’s Pizza Master Issuer LLC, Series 2019-1A, Class A2, 3.668%, 10/25/2049, 144A		4,341,152
	739,413	Planet Fitness Master Issuer LLC, Series 2019-1A, Class A2, 3.858%, 12/05/2049, 144A		693,547
	17,449,275	Stack Infrastructure Issuer LLC, Series 2019-1A, Class A2, 4.540%, 2/25/2044, 144A		18,803,273
				78,887,316
		Aerospace & Defense – 4.8%
	13,620,000	BAE Systems PLC, 3.400%, 4/15/2030, 144A		15,221,869
	3,780,000	Boeing Co. (The), 2.250%, 6/15/2026		3,679,366
	4,874,000	Boeing Co. (The), 2.950%, 2/01/2030		4,717,196
	655,000	Boeing Co. (The), 3.100%, 5/01/2026		653,389
	3,225,000	Boeing Co. (The), 3.200%, 3/01/2029		3,176,118
	2,036,000	Boeing Co. (The), 3.250%, 2/01/2035		1,913,775
	9,088,000	Boeing Co. (The), 3.375%, 6/15/2046		7,788,844

Principal Amount		Description	Value (†)
	Bonds and Notes – continued
		Non-Convertible Bonds – continued
		Aerospace & Defense – continued
	$    1,427,000	Boeing Co. (The), 3.500%, 3/01/2039	$	1,296,301
	850,000	Boeing Co. (The), 3.550%, 3/01/2038		774,298
	3,564,000	Boeing Co. (The), 3.625%, 3/01/2048		3,132,053
	2,111,000	Boeing Co. (The), 3.650%, 3/01/2047		1,863,869
	14,352,000	Boeing Co. (The), 3.750%, 2/01/2050		13,096,344
	1,932,000	Boeing Co. (The), 3.825%, 3/01/2059		1,702,898
	3,241,000	Boeing Co. (The), 3.850%, 11/01/2048		2,969,824
	7,330,000	Boeing Co. (The), 3.900%, 5/01/2049		6,755,955
	4,795,000	Boeing Co. (The), 3.950%, 8/01/2059		4,340,737
	8,060,000	Boeing Co. (The), 5.150%, 5/01/2030		9,059,510
	5,676,000	Boeing Co. (The), 5.705%, 5/01/2040		6,691,563
	37,793,000	Boeing Co. (The), 5.805%, 5/01/2050		45,721,220
	8,696,000	Boeing Co. (The), 5.930%, 5/01/2060		10,762,512
	4,910,000	Embraer Netherlands Finance BV, 5.050%, 6/15/2025		4,713,600
	5,385,000	Embraer Netherlands Finance BV, 5.400%, 2/01/2027		5,113,057
	6,885,000	Huntington Ingalls Industries, Inc., 3.844%, 5/01/2025, 144A		7,565,202
	4,245,000	Huntington Ingalls Industries, Inc., 4.200%, 5/01/2030, 144A		4,872,387
	650,000	Leonardo U.S. Holdings, Inc., 7.375%, 7/15/2039		807,177
	1,335,000	Spirit AeroSystems, Inc., 4.600%, 6/15/2028		1,095,501
	29,075,000	Textron, Inc., 3.000%, 6/01/2030		30,623,385
	78,795,000	Textron, Inc., 5.950%, 9/21/2021		81,803,394
				281,911,344
		Airlines – 0.9%
	2,610,811	Air Canada Pass Through Trust, Series 2013-1, Class B, 5.375%, 11/15/2022, 144A		2,346,310
	7,001,850	American Airlines Pass Through Certificates, Series 2016-1, Class B, 5.250%, 7/15/2025		4,836,797
	13,114,780	American Airlines Pass Through Certificates, Series 2016-3, Class A, 3.250%, 4/15/2030		10,239,484

Principal Amount		Description	Value (†)
	Bonds and Notes – continued
		Non-Convertible Bonds – continued
		Airlines – continued
	$    1,597,035	American Airlines Pass Through Certificates, Series 2016-3, Class B, 3.750%, 4/15/2027	$	1,107,719
	5,519,963	American Airlines Pass Through Certificates, Series 2017-2, Class A, 3.600%, 4/15/2031		4,500,551
	3,557,335	American Airlines Pass Through Certificates, Series 2017-2, Class B, 3.700%, 4/15/2027		2,263,082
	1,791,550	American Airlines Pass Through Trust, Series 2015-2, Class B, 4.400%, 3/22/2025		1,270,048
	21,871,211	American Airlines Pass Through Trust, Series 2019-1, Class B, 3.850%, 8/15/2029		14,285,400
	6,708,517	British Airways Pass Through Trust, Series 2019-1, Class A, 3.350%, 12/15/2030, 144A		5,529,830
	324,173	Continental Airlines Pass Through Certificates, Series 2001-1, Class A-1, 6.703%, 12/15/2022		310,626
	924,352	Delta Air Lines Pass Through Trust, Series 2007-1, Class A, 6.821%, 2/10/2024		920,950
	3,959,577	Delta Air Lines Pass Through Trust, Series 2007-1, Class B, 8.021%, 2/10/2024		3,724,945
	2,583,954	United Airlines Pass Through Trust, Series 2018-1, Class A, 3.700%, 9/01/2031		2,140,437
				53,476,179
		Automotive – 2.5%
	18,836,000	Cummins, Inc., 5.650%, 3/01/2098		22,834,129
	5,274,000	Cummins, Inc., 6.750%, 2/15/2027		6,783,468
	8,176,000	General Motors Co., 5.200%, 4/01/2045		8,806,900
	27,915,000	General Motors Co., 5.400%, 4/01/2048		30,892,462
	625,000	General Motors Co., 5.950%, 4/01/2049		732,335
	13,500,000	General Motors Co., 6.250%, 10/02/2043		15,998,358
	50,000	General Motors Co., 6.750%, 4/01/2046		61,549
	38,060,000	Toyota Motor Credit Corp., MTN, 2.650%, 4/12/2022		39,366,076
	4,750,000	Volkswagen Group of America Finance LLC, 2.500%, 9/24/2021, 144A		4,838,138
	12,005,000	Volkswagen Group of America Finance LLC, 2.700%, 9/26/2022, 144A		12,444,975
	2,895,000	Volkswagen Group of America Finance LLC, 3.350%, 5/13/2025, 144A		3,161,184
				145,919,574
		Banking – 8.2%
	300,000	Ally Financial, Inc., 3.875%, 5/21/2024		319,708
	39,613,000	Ally Financial, Inc., 4.625%, 3/30/2025		43,512,763

Principal Amount		Description	Value (†)
	Bonds and Notes – continued
		Non-Convertible Bonds – continued
		Banking – continued
	$    2,835,000	Ally Financial, Inc., 5.750%, 11/20/2025	$	3,178,560
	1,468,000	Ally Financial, Inc., 8.000%, 11/01/2031		1,954,922
	10,155,000	Banco Santander Mexico S.A. Institucion de Banca Multiple Grupo Financiero Santander, 5.375%, 4/17/2025, 144A		11,302,515
	49,304,000	Bank of America Corp., (fixed rate to 12/20/2027, variable rate thereafter), 3.419%, 12/20/2028		54,864,289
	100,000	Bank of America Corp., MTN, 4.250%, 10/22/2026		115,793
	25,627,000	Bank of America Corp., Series L, MTN, 4.183%, 11/25/2027		29,361,312
	4,287,000	Barclays PLC, (fixed rate to 6/20/2029, variable rate thereafter), 5.088%, 6/20/2030		4,802,138
	18,255,000	Barclays PLC, (fixed rate to 9/23/2030, variable rate thereafter), 3.564%, 9/23/2035		18,040,321
	3,335,000	BBVA Bancomer S.A., 1.875%, 9/18/2025, 144A		3,258,295
	22,500,000	BNP Paribas S.A., (fixed rate to 3/01/2028, variable rate thereafter), 4.375%, 3/01/2033, 144A		25,066,517
	460,000	Capital One Financial Corp., 4.200%, 10/29/2025		510,614
	1,230,000	Citigroup, Inc., 4.125%, 7/25/2028		1,416,731
	7,155,000	Credit Agricole S.A., (fixed rate to 1/10/2028, variable rate thereafter), 4.000%, 1/10/2033, 144A		7,848,176
	14,200,000	Danske Bank A/S, 5.375%, 1/12/2024, 144A		15,972,216
	3,390,000	Danske Bank A/S, (fixed rate to 12/20/2024, variable rate thereafter), 3.244%, 12/20/2025, 144A		3,597,807
	13,075,000	Danske Bank A/S, (fixed rate to 9/20/2021, variable rate thereafter), 3.001%, 9/20/2022, 144A		13,323,161
	2,640,000	Deutsche Bank AG, (fixed rate to 12/01/2027, variable rate thereafter), 4.875%, 12/01/2032		2,513,993
	9,260,000	Deutsche Bank AG, (fixed rate to 9/18/2023, variable rate thereafter), 2.222%, 9/18/2024		9,324,357
	6,235,000	Deutsche Bank AG, (fixed rate to 9/18/2030, variable rate thereafter), 3.547%, 9/18/2031		6,300,084
	70,245,000	JPMorgan Chase & Co., 4.125%, 12/15/2026		81,618,843
	28,715,000	JPMorgan Chase & Co., (fixed rate to 3/24/2030, variable rate thereafter), 4.493%, 3/24/2031		35,042,134
	100,000	KeyBank NA, 6.950%, 2/01/2028		129,544
	5,900,000	Morgan Stanley, 5.750%, 1/25/2021		6,000,816
	1,845,000	Morgan Stanley, GMTN, 4.350%, 9/08/2026		2,135,589
	20,695,000	Morgan Stanley, MTN, 4.100%, 5/22/2023		22,416,210
	15,160,000	Santander Holdings USA, Inc., 3.244%, 10/05/2026		16,222,412

Principal Amount		Description	Value (†)
	Bonds and Notes – continued
		Non-Convertible Bonds – continued
		Banking – continued
	$  20,295,000	Societe Generale S.A., 4.250%, 4/14/2025, 144A	$	21,647,459
	21,340,000	Standard Chartered PLC, 3-month LIBOR + 1.150%, 1.422%, 1/20/2023, 144A(d)		21,400,606
	7,090,000	Standard Chartered PLC, (fixed rate to 4/01/2030, variable rate thereafter), 4.644%, 4/01/2031, 144A		8,161,170
	7,580,000	Synchrony Financial, 2.850%, 7/25/2022		7,800,943
	3,865,000	Synchrony Financial, 4.375%, 3/19/2024		4,182,110
				483,342,108
		Brokerage – 0.6%
	19,498,000	Jefferies Group LLC, 6.250%, 1/15/2036		24,163,312
	8,760,000	Jefferies Group LLC, 6.450%, 6/08/2027		10,679,495
				34,842,807
		Building Materials – 1.1%
	835,000	CEMEX Finance LLC, 6.000%, 4/01/2024, 144A		853,203
	16,180,000	Cemex SAB de CV, 5.200%, 9/17/2030, 144A		16,259,282
	5,955,000	Cemex SAB de CV, 5.450%, 11/19/2029, 144A		6,021,994
	1,665,000	Cemex SAB de CV, 5.700%, 1/11/2025, 144A		1,699,906
	460,000	Cemex SAB de CV, 7.750%, 4/16/2026, 144A		484,725
	3,285,000	Ferguson Finance PLC, 3.250%, 6/02/2030, 144A		3,570,481
	23,975,000	Owens Corning, 7.000%, 12/01/2036		31,961,412
	2,655,000	Vulcan Materials Co., 3.500%, 6/01/2030		2,973,391
				63,824,394
		Cable Satellite – 2.4%
	9,425,000	CCO Holdings LLC/CCO Holdings Capital Corp., 4.250%, 2/01/2031, 144A		9,741,774
	2,826,000	CCO Holdings LLC/CCO Holdings Capital Corp., 4.500%, 8/15/2030, 144A		2,967,427
	315,000	CCO Holdings LLC/CCO Holdings Capital Corp., 4.500%, 5/01/2032, 144A		328,781
	550,000	CCO Holdings LLC/CCO Holdings Capital Corp., 5.375%, 6/01/2029, 144A		596,063
	30,810,000	Charter Communications Operating LLC/Charter Communications Operating Capital Corp., 4.800%, 3/01/2050		35,035,087

Principal Amount		Description	Value (†)
	Bonds and Notes – continued
		Non-Convertible Bonds – continued
		Cable Satellite – continued
	$    6,695,000	Charter Communications Operating LLC/Charter Communications Operating Capital Corp., 5.750%, 4/01/2048	$	8,352,595
	10,320,000	Cox Communications, Inc., 4.500%, 6/30/2043, 144A		12,462,428
	5,820,000	Cox Communications, Inc., 4.700%, 12/15/2042, 144A		7,204,157
	240,000	CSC Holdings LLC, 5.750%, 1/15/2030, 144A		255,000
	2,360,000	CSC Holdings LLC, 6.500%, 2/01/2029, 144A		2,616,650
	470,000	Sirius XM Radio, Inc., 4.625%, 7/15/2024, 144A		486,156
	2,416,000	Sirius XM Radio, Inc., 5.000%, 8/01/2027, 144A		2,518,680
	865,000	Sirius XM Radio, Inc., 5.375%, 7/15/2026, 144A		900,206
	200,000	Sirius XM Radio, Inc., 5.500%, 7/01/2029, 144A		214,500
	13,630,000	Time Warner Cable LLC, 4.125%, 2/15/2021		13,683,235
	17,891,000	Time Warner Cable LLC, 4.500%, 9/15/2042		19,434,362
	15,815,000	Time Warner Cable LLC, 5.500%, 9/01/2041		19,158,094
	800,000	Videotron Ltd., 5.000%, 7/15/2022		835,000
	2,185,000	Virgin Media Secured Finance PLC, 5.500%, 8/15/2026, 144A		2,277,862
	1,600,000	Ziggo BV, 5.500%, 1/15/2027, 144A		1,676,000
				140,744,057
		Chemicals – 1.1%
	6,990,000	Braskem Netherlands Finance BV, 4.500%, 1/31/2030, 144A		6,526,913
	27,205,000	CF Industries, Inc., 4.500%, 12/01/2026, 144A		31,568,881
	3,740,000	FMC Corp., 3.450%, 10/01/2029		4,165,231
	2,075,000	FMC Corp., 4.500%, 10/01/2049		2,579,702
	8,145,000	LYB International Finance III LLC, 4.200%, 10/15/2049		8,970,275
	11,480,000	Nutrition & Biosciences, Inc., 2.300%, 11/01/2030, 144A		11,576,628
				65,387,630
		Consumer Cyclical Services – 1.8%
	20,300,000	Amazon.com, Inc., 2.500%, 6/03/2050		20,706,393

Principal Amount		Description	Value (†)
	Bonds and Notes – continued
		Non-Convertible Bonds – continued
		Consumer Cyclical Services – continued
	$    9,850,000	Booking Holdings, Inc., 4.500%, 4/13/2027	$	11,565,313
	16,000,000	Booking Holdings, Inc., 4.625%, 4/13/2030		19,222,294
	1,205,000	eBay, Inc., 4.000%, 7/15/2042		1,346,714
	22,736,000	Expedia Group, Inc., 3.250%, 2/15/2030		21,906,374
	9,925,000	Expedia Group, Inc., 4.625%, 8/01/2027, 144A		10,415,493
	5,385,000	Expedia Group, Inc., 6.250%, 5/01/2025, 144A		5,939,165
	2,755,000	Expedia Group, Inc., 7.000%, 5/01/2025, 144A		2,979,718
	4,402,000	IHS Markit Ltd., 4.250%, 5/01/2029		5,106,672
	6,030,000	Uber Technologies, Inc., 6.250%, 1/15/2028, 144A		6,194,016
				105,382,152
		Consumer Products – 0.2%
	7,458,000	Hasbro, Inc., 6.600%, 7/15/2028		8,807,326
	4,580,000	Kimberly-Clark de Mexico SAB de CV, 2.431%, 7/01/2031, 144A		4,661,387
				13,468,713
		Diversified Manufacturing – 0.5%
	13,920,000	Carrier Global Corp., 2.722%, 2/15/2030, 144A		14,560,823
	1,705,000	Carrier Global Corp., 3.577%, 4/05/2050, 144A		1,811,274
	6,010,000	General Electric Co., 3.625%, 5/01/2030		6,224,037
	2,865,000	General Electric Co., 4.350%, 5/01/2050		2,921,185
	5,305,000	General Electric Co., Series A, MTN, 3-month LIBOR + 0.300%, 0.575%, 5/13/2024(d)		5,079,553
				30,596,872
		Electric – 2.6%
	3,695,000	AES Corp. (The), 3.950%, 7/15/2030, 144A		4,082,827
	1,850,000	AES Corp. (The), 5.125%, 9/01/2027		1,970,435
	585,000	AES Corp. (The), 5.500%, 4/15/2025		603,053
	200,000	AES Corp. (The), 6.000%, 5/15/2026		210,085
	18,590,691	Alta Wind Holdings LLC, 7.000%, 6/30/2035, 144A		22,593,079

Principal Amount		Description	Value (†)
	Bonds and Notes – continued
		Non-Convertible Bonds – continued
		Electric – continued
	$  13,025,000	Enel Finance International NV, 6.000%, 10/07/2039, 144A	$	17,706,832
	9,007,000	Enel Finance International NV, 6.800%, 9/15/2037, 144A		12,684,240
	21,030,000	FirstEnergy Corp., Series C, 3.400%, 3/01/2050		20,400,729
	2,355,000	IPALCO Enterprises, Inc., 4.250%, 5/01/2030, 144A		2,664,572
	9,641,000	NRG Energy, Inc., 4.450%, 6/15/2029, 144A		10,622,939
	1,435,000	NRG Energy, Inc., 5.250%, 6/15/2029, 144A		1,560,563
	4,437,000	NRG Energy, Inc., 5.750%, 1/15/2028		4,786,414
	8,915,000	Pacific Gas & Electric Co., 3.500%, 8/01/2050		8,037,951
	40,595,000	Vistra Operations Co. LLC, 3.700%, 1/30/2027, 144A		42,692,277
	1,060,000	Vistra Operations Co. LLC, 4.300%, 7/15/2029, 144A		1,157,013
				151,773,009
		Finance Companies – 1.7%
	1,245,000	Air Lease Corp., 2.250%, 1/15/2023		1,252,899
	2,235,000	Air Lease Corp., 3.250%, 10/01/2029		2,120,053
	10,270,000	Air Lease Corp., 3.375%, 7/01/2025		10,494,502
	345,000	Air Lease Corp., 4.625%, 10/01/2028		356,570
	8,426,000	Air Lease Corp., MTN, 3.000%, 2/01/2030		7,846,654
	12,430,000	Aircastle Ltd., 4.125%, 5/01/2024		12,251,090
	8,070,000	Aircastle Ltd., 4.400%, 9/25/2023		7,983,247
	8,160,000	Aircastle Ltd., 5.000%, 4/01/2023		8,178,386
	6,700,000	Antares Holdings LP, 6.000%, 8/15/2023, 144A		6,775,423
	7,510,000	Aviation Capital Group LLC, 5.500%, 12/15/2024, 144A		7,748,333
	9,530,000	GE Capital Funding LLC, 4.400%, 5/15/2030, 144A		10,234,351
	3,460,000	GE Capital International Funding Co. Unlimited Co., 4.418%, 11/15/2035		3,652,233
	3,425,000	Navient Corp., 5.000%, 3/15/2027		3,216,178
	50,000	Navient Corp., 5.875%, 10/25/2024		49,719

Principal Amount		Description	Value (†)
	Bonds and Notes – continued
		Non-Convertible Bonds – continued
		Finance Companies – continued
	$         35,000	Navient Corp., 6.500%, 6/15/2022	$	35,700
	145,000	Navient Corp., 6.750%, 6/15/2026		144,638
	370,000	Navient Corp., 7.250%, 9/25/2023		382,025
	20,000	Navient Corp., MTN, 6.125%, 3/25/2024		20,150
	165,000	Navient Corp., MTN, 7.250%, 1/25/2022		169,125
	7,805,000	Quicken Loans LLC, 5.250%, 1/15/2028, 144A		8,223,816
	2,980,000	Quicken Loans LLC/Quicken Loans Co-Issuer, Inc., 3.625%, 3/01/2029, 144A		2,953,925
	2,975,000	Quicken Loans LLC/Quicken Loans Co-Issuer, Inc., 3.875%, 3/01/2031, 144A		2,937,812
				97,026,829
		Financial Other – 0.1%
	2,415,000	Icahn Enterprises LP/Icahn Enterprises Finance Corp., 4.750%, 9/15/2024		2,445,187
	3,182,000	Icahn Enterprises LP/Icahn Enterprises Finance Corp., 5.250%, 5/15/2027		3,315,008
				5,760,195
		Food & Beverage – 2.9%
	2,040,000	Anheuser-Busch Cos. LLC/Anheuser-Busch InBev Worldwide, Inc., 4.900%, 2/01/2046		2,515,380
	14,470,000	Anheuser-Busch InBev Worldwide, Inc., 4.500%, 6/01/2050		17,343,107
	6,002,000	Anheuser-Busch InBev Worldwide, Inc., 4.600%, 4/15/2048		7,157,058
	15,285,000	Fomento Economico Mexicano SAB de CV, 3.500%, 1/16/2050		16,259,541
	8,595,000	JBS USA LUX S.A./JBS USA Finance, Inc., 5.750%, 6/15/2025, 144A		8,859,726
	4,910,000	JBS USA LUX S.A./JBS USA Finance, Inc., 6.750%, 2/15/2028, 144A		5,339,232
	10,660,000	JBS USA LUX S.A./JBS USA Food Co./JBS USA Finance, Inc., 5.500%, 1/15/2030, 144A		11,603,090
	6,470,000	NBM U.S Holdings, Inc., 7.000%, 5/14/2026, 144A		6,848,431
	37,255,000	Nestle Holdings, Inc., 0.375%, 1/15/2024, 144A		37,107,834
	9,535,000	PepsiCo, Inc., 1.700%, 10/06/2021		9,651,957
	45,980,000	PepsiCo, Inc., 2.000%, 4/15/2021		46,340,003
	1,920,000	Smithfield Foods, Inc., 3.000%, 10/15/2030, 144A		1,924,147
				170,949,506

Principal Amount		Description	Value (†)
	Bonds and Notes – continued
		Non-Convertible Bonds – continued
		Government Owned - No Guarantee – 0.2%
	$    4,000,000	Empresa de los Ferrocarriles del Estado, 3.068%, 8/18/2050, 144A	$	3,920,000
	8,080,000	Equinor ASA, 3.700%, 4/06/2050		9,268,993
				13,188,993
		Government Sponsored – 0.1%
	6,130,000	Petrobras Global Finance BV, 6.900%, 3/19/2049		6,850,275
		Health Insurance – 0.0%
	565,000	Centene Corp., 4.625%, 12/15/2029		609,443
		Healthcare – 1.9%
	19,420,000	Cigna Corp., 4.375%, 10/15/2028		23,101,209
	1,261,000	Cigna Corp., 7.875%, 5/15/2027		1,712,314
	7,210,000	CVS Health Corp., 3.250%, 8/15/2029		7,931,060
	3,306,000	CVS Health Corp., 4.100%, 3/25/2025		3,734,557
	685,000	Encompass Health Corp., 4.750%, 2/01/2030		694,960
	8,810,000	HCA, Inc., 4.125%, 6/15/2029		9,964,550
	16,050,000	HCA, Inc., 4.500%, 2/15/2027		18,027,252
	22,730,000	HCA, Inc., 5.250%, 6/15/2049		27,824,725
	4,806,000	HCA, Inc., 7.050%, 12/01/2027		5,611,005
	1,592,000	HCA, Inc., 7.500%, 11/06/2033		2,117,360
	1,295,000	HCA, Inc., 7.690%, 6/15/2025		1,521,625
	2,480,000	HCA, Inc., MTN, 7.580%, 9/15/2025		2,957,400
	3,068,000	HCA, Inc., MTN, 7.750%, 7/15/2036		3,911,700
				109,109,717
		Home Construction – 0.1%
	2,450,000	Lennar Corp., 4.750%, 11/29/2027		2,797,288
	560,000	Lennar Corp., 4.875%, 12/15/2023		602,700
	55,000	Lennar Corp., 5.000%, 6/15/2027		62,150
				3,462,138

Principal Amount		Description	Value (†)
	Bonds and Notes – continued
		Non-Convertible Bonds – continued
		Independent Energy – 1.5%
	$    3,195,000	Aker BP ASA, 3.000%, 1/15/2025, 144A	$	3,204,866
	9,925,000	Aker BP ASA, 3.750%, 1/15/2030, 144A		9,625,388
	14,560,000	Aker BP ASA, 4.000%, 1/15/2031, 144A		14,319,385
	9,310,000	Continental Resources, Inc., 3.800%, 6/01/2024		8,588,475
	19,490,000	Diamondback Energy, Inc., 3.500%, 12/01/2029		18,894,085
	10,475,000	Hess Corp., 4.300%, 4/01/2027		10,940,903
	4,675,000	Leviathan Bond Ltd., 6.125%, 6/30/2025, 144A		4,829,182
	13,690,000	Newfield Exploration Co., 5.625%, 7/01/2024		13,279,995
	6,090,000	Occidental Petroleum Corp., 5.550%, 3/15/2026		5,516,992
				89,199,271
		Integrated Energy – 0.9%
	52,303,000	Shell International Finance BV, 1.875%, 5/10/2021		52,808,319
		Life Insurance – 3.2%
	5,653,000	American International Group, Inc., 4.200%, 4/01/2028		6,555,793
	1,475,000	American International Group, Inc., 4.875%, 6/01/2022		1,581,119
	8,255,000	CNO Financial Group, Inc., 5.250%, 5/30/2029		9,546,660
	19,600,000	Fidelity & Guaranty Life Holdings, Inc., 5.500%, 5/01/2025, 144A		21,976,500
	15,000,000	Global Atlantic Fin Co., 8.625%, 4/15/2021, 144A		15,482,734
	2,565,000	Massachusetts Mutual Life Insurance Co., 3.375%, 4/15/2050, 144A		2,618,587
	5,895,000	Metropolitan Life Global Funding I, 3-month LIBOR + 0.230%, 0.507%, 1/08/2021, 144A(d)		5,898,314
	30,030,000	Metropolitan Life Global Funding I, 3.375%, 1/11/2022, 144A		31,159,295
	9,063,000	Mutual of Omaha Insurance Co., 6.800%, 6/15/2036, 144A		11,707,874
	26,914,000	National Life Insurance Co., 10.500%, 9/15/2039, 144A(a)(b)		43,363,299
	5,760,000	New York Life Insurance Co., 3.750%, 5/15/2050, 144A		6,493,950
	6,440,000	NLV Financial Corp., 7.500%, 8/15/2033, 144A(a)(b)		8,473,494
	2,872,000	Penn Mutual Life Insurance Co. (The), 6.650%, 6/15/2034, 144A		3,754,894

Principal Amount		Description	Value (†)
	Bonds and Notes – continued
		Non-Convertible Bonds – continued
		Life Insurance – continued
	$  14,489,000	Penn Mutual Life Insurance Co. (The), 7.625%, 6/15/2040, 144A(a)(b)	$	20,683,577
				189,296,090
		Local Authorities – 0.2%
	14,455,000	Province of Quebec Canada, 0.600%, 7/23/2025		14,481,088
		Lodging – 0.0%
	1,795,000	Marriott International, Inc., 4.625%, 6/15/2030		1,922,350
		Media Entertainment – 1.2%
	23,830,000	Discovery Communications LLC, 4.650%, 5/15/2050		27,316,655
	3,225,000	iHeartCommunications, Inc., 5.250%, 8/15/2027, 144A		3,144,375
	1,530,000	iHeartCommunications, Inc., 6.375%, 5/01/2026		1,593,916
	4,640,000	iHeartCommunications, Inc., 8.375%, 5/01/2027		4,570,400
	245,000	Netflix, Inc., 4.875%, 4/15/2028		273,787
	2,625,000	Netflix, Inc., 4.875%, 6/15/2030, 144A		2,992,500
	870,000	Netflix, Inc., 5.375%, 11/15/2029, 144A		1,025,425
	2,700,000	ViacomCBS, Inc., 4.200%, 6/01/2029		3,122,931
	3,010,000	ViacomCBS, Inc., 4.200%, 5/19/2032		3,444,510
	18,215,000	ViacomCBS, Inc., 4.950%, 1/15/2031		21,902,777
				69,387,276
		Metals & Mining – 4.0%
	550,000	Anglo American Capital PLC, 2.625%, 9/10/2030, 144A		548,504
	6,260,000	Anglo American Capital PLC, 4.000%, 9/11/2027, 144A		6,911,094
	34,334,000	Anglo American Capital PLC, 4.500%, 3/15/2028, 144A		39,276,387
	8,785,000	Anglo American Capital PLC, 4.750%, 4/10/2027, 144A		10,093,806
	46,515,000	ArcelorMittal S.A., 7.000%, 3/01/2041		57,446,025
	18,235,000	ArcelorMittal S.A., 7.250%, 10/15/2039		23,015,322
	5,890,000	First Quantum Minerals Ltd., 6.875%, 10/15/2027, 144A		5,676,487
	2,930,000	Freeport-McMoRan, Inc., 4.375%, 8/01/2028		3,029,488

Principal Amount		Description	Value (†)
	Bonds and Notes – continued
		Non-Convertible Bonds – continued
		Metals & Mining – continued
	$    1,975,000	Freeport-McMoRan, Inc., 4.625%, 8/01/2030	$	2,076,614
	7,688,000	Glencore Funding LLC, 3.875%, 10/27/2027, 144A		8,397,602
	39,092,000	Glencore Funding LLC, 4.000%, 3/27/2027, 144A		42,687,904
	11,700,000	Glencore Funding LLC, 4.125%, 3/12/2024, 144A		12,678,005
	4,280,000	Newcrest Finance Pty Ltd., 3.250%, 5/13/2030, 144A		4,668,612
	1,855,000	Reliance Steel & Aluminum Co., 2.150%, 8/15/2030		1,815,022
	395,000	Steel Dynamics, Inc., 3.250%, 1/15/2031		422,655
	14,125,000	Steel Dynamics, Inc., 3.450%, 4/15/2030		15,573,436
				234,316,963
		Midstream – 2.5%
	22,495,000	Cheniere Corpus Christi Holdings LLC, 3.700%, 11/15/2029, 144A		23,380,924
	650,000	DCP Midstream Operating LP, 6.450%, 11/03/2036, 144A		622,882
	7,000,000	Energy Transfer Operating LP, 4.950%, 6/15/2028		7,417,340
	36,405,000	Energy Transfer Operating LP, 5.250%, 4/15/2029		39,084,659
	13,950,000	EnLink Midstream Partners LP, 5.450%, 6/01/2047		8,788,500
	7,695,000	EnLink Midstream Partners LP, 5.600%, 4/01/2044		4,944,037
	1,435,000	Gray Oak Pipeline LLC, 3.450%, 10/15/2027, 144A		1,466,204
	14,660,000	Kinder Morgan Energy Partners LP, 3.500%, 9/01/2023		15,633,764
	85,000	Kinder Morgan Energy Partners LP, 5.000%, 8/15/2042		94,393
	7,461,000	Kinder Morgan Energy Partners LP, 5.800%, 3/01/2021		7,623,502
	375,000	Kinder Morgan, Inc., 5.050%, 2/15/2046		423,367
	14,040,000	MPLX LP, 4.250%, 12/01/2027		15,735,936
	85,000	NGPL PipeCo LLC, 7.768%, 12/15/2037, 144A		108,197
	225,000	Plains All American Pipeline LP/PAA Finance Corp., 2.850%, 1/31/2023		228,844
	12,445,000	Sabine Pass Liquefaction LLC, 4.500%, 5/15/2030, 144A		14,018,690
	8,405,000	Williams Cos., Inc. (The), 3.350%, 8/15/2022		8,719,209
				148,290,448

Principal Amount		Description	Value (†)
	Bonds and Notes – continued
		Non-Convertible Bonds – continued
		Mortgage Related – 0.0%
	$           1,294	FNMA, 6.000%, 7/01/2029	$	1,467
		Non-Agency Commercial Mortgage-Backed Securities – 0.6%
	405,000	Commercial Mortgage Trust, Series 2012-LC4, Class C, 5.615%, 12/10/2044(c)		328,696
	3,205,000	Credit Suisse Commercial Mortgage Securities Corp., Series 2019-SKLZ, Class D, 1-month LIBOR + 3.600%, 3.752%, 1/15/2034, 144A(d)		2,987,920
	12,790,000	Credit Suisse Mortgage Trust, Series 2014-USA, Class D, 4.373%, 9/15/2037, 144A(a)(b)		9,725,048
	5,095,000	DBUBS Mortgage Trust, Series 2017-BRBK, Class D, 3.648%, 10/10/2034, 144A(c)		5,257,980
	9,406,000	GS Mortgage Securities Corp. Trust, Series 2013-PEMB, Class D, 3.668%, 3/05/2033, 144A(c)		7,456,923
	3,456,000	Morgan Stanley Capital I Trust, Series 2011-C2, Class E, 5.661%, 6/15/2044, 144A(c)		1,990,288
	6,706,000	UBS-Barclays Commercial Mortgage Trust, Series 2012-C2, Class E, 5.046%, 5/10/2063, 144A(a)(b)(c)		2,726,419
	3,557,000	WFRBS Commercial Mortgage Trust, Series 2011-C2, Class D, 5.856%, 2/15/2044, 144A(c)		3,527,855
	2,125,000	WFRBS Commercial Mortgage Trust, Series 2011-C3, Class D, 5.853%, 3/15/2044, 144A(c)		1,319,546
	1,746,000	WFRBS Commercial Mortgage Trust, Series 2012-C7, Class C, 4.965%, 6/15/2045(c)		1,273,986
	865,000	WFRBS Commercial Mortgage Trust, Series 2012-C7, Class E, 4.965%, 6/15/2045, 144A(c)		333,438
				36,928,099
		Paper – 0.4%
	16,595,000	Weyerhaeuser Co., 4.000%, 4/15/2030		19,621,326
	2,745,000	WRKCo, Inc., 3.000%, 6/15/2033		2,985,995
				22,607,321
		Pharmaceuticals – 1.4%
	8,370,000	Merck & Co., Inc., 2.450%, 6/24/2050		8,401,769
	12,646,000	Mylan NV, 5.250%, 6/15/2046		15,695,003
	2,459,000	Mylan, Inc., 5.200%, 4/15/2048		3,040,490
	9,724,000	Mylan, Inc., 5.400%, 11/29/2043		12,218,696
	3,100,000	Perrigo Finance UnLtd. Co., 3.150%, 6/15/2030		3,200,966
	9,335,000	Teva Pharmaceutical Finance Netherlands III BV, 2.800%, 7/21/2023		8,922,020
	15,105,000	Teva Pharmaceutical Finance Netherlands III BV, 3.150%, 10/01/2026		13,325,782
	4,475,000	Teva Pharmaceutical Finance Netherlands III BV, 4.100%, 10/01/2046		3,721,857

Principal Amount		Description	Value (†)
	Bonds and Notes – continued
		Non-Convertible Bonds – continued
		Pharmaceuticals – continued
	$  11,805,000	Upjohn, Inc., 4.000%, 6/22/2050, 144A	$	12,599,321
				81,125,904
		Property & Casualty Insurance – 0.4%
	16,635,000	Fidelity National Financial, Inc., 3.400%, 6/15/2030		17,992,056
	2,740,000	Fidelity National Financial, Inc., 5.500%, 9/01/2022		2,973,847
	3,159,000	Sirius International Group Ltd., 4.600%, 11/01/2026, 144A		3,047,519
	1,605,000	Travelers Cos., Inc. (The), 2.550%, 4/27/2050		1,575,081
				25,588,503
		REITs - Health Care – 0.1%
	5,972,000	Welltower, Inc., 6.500%, 3/15/2041		7,865,175
		REITs - Mortgage – 0.3%
	12,311,000	Ladder Capital Finance Holdings LLLP/Ladder Capital Finance Corp., 4.250%, 2/01/2027, 144A		10,649,015
	8,565,000	Ladder Capital Finance Holdings LLLP/Ladder Capital Finance Corp., 5.250%, 3/15/2022, 144A		8,396,269
				19,045,284
		REITs - Regional Malls – 0.2%
	6,815,000	Simon Property Group LP, 2.650%, 7/15/2030		6,867,426
	4,945,000	Simon Property Group LP, 3.800%, 7/15/2050		5,020,712
				11,888,138
		REITs - Shopping Centers – 0.0%
	2,280,000	Brixmor Operating Partnership LP, 4.050%, 7/01/2030		2,438,664
		Restaurants – 0.1%
	2,375,000	Yum! Brands, Inc., 4.750%, 1/15/2030, 144A		2,565,000
	1,890,000	Yum! Brands, Inc., 7.750%, 4/01/2025, 144A		2,096,105
				4,661,105
		Retailers – 1.1%
	1,960,000	AutoNation, Inc., 4.750%, 6/01/2030		2,309,301
	9,720,000	AutoZone, Inc., 3.625%, 4/15/2025		10,838,740
	14,585,000	AutoZone, Inc., 4.000%, 4/15/2030		17,298,459

Principal Amount		Description	Value (†)
	Bonds and Notes – continued
		Non-Convertible Bonds – continued
		Retailers – continued
	$       376,017	CVS Pass-Through Trust, 5.773%, 1/10/2033, 144A	$	430,464
	401,894	CVS Pass-Through Trust, 6.036%, 12/10/2028		457,536
	11,267,542	CVS Pass-Through Trust, Series 2013, 4.704%, 1/10/2036, 144A		12,173,227
	1,181,511	CVS Pass-Through Trust, Series 2014, 4.163%, 8/11/2036, 144A		1,239,700
	5,620,000	Dollar General Corp., 3.500%, 4/03/2030		6,396,456
	8,064,000	Marks & Spencer PLC, 7.125%, 12/01/2037, 144A		8,574,451
	3,755,000	PVH Corp., 7.750%, 11/15/2023		4,308,787
				64,027,121
		Supermarkets – 0.0%
	325,000	Koninklijke Ahold Delhaize NV, 5.700%, 10/01/2040		461,851
		Supranational – 1.0%
	58,600,000	European Investment Bank, 0.250%, 9/15/2023		58,577,268
		Technology – 5.1%
	27,985,000	Avnet, Inc., 4.625%, 4/15/2026		31,301,074
	1,300,000	Broadcom Corp./Broadcom Cayman Finance Ltd., 3.500%, 1/15/2028		1,404,598
	10,158,000	Broadcom, Inc., 4.150%, 11/15/2030		11,410,926
	17,895,000	Broadcom, Inc., 4.300%, 11/15/2032		20,443,087
	31,450,000	Broadcom, Inc., 4.750%, 4/15/2029		36,641,006
	12,400,000	Broadcom, Inc., 5.000%, 4/15/2030		14,627,006
	1,025,000	CommScope Technologies LLC, 5.000%, 3/15/2027, 144A		984,000
	3,900,000	CommScope, Inc., 6.000%, 3/01/2026, 144A		4,065,750
	3,950,000	CommScope, Inc., 7.125%, 7/01/2028, 144A		4,058,625
	13,560,000	Equifax, Inc., 3.600%, 8/15/2021		13,920,001
	10,115,000	Equinix, Inc., 2.150%, 7/15/2030		10,240,174
	17,195,000	Equinix, Inc., 3.200%, 11/18/2029		18,950,306
	4,610,000	Jabil, Inc., 3.000%, 1/15/2031		4,706,638
	7,440,000	Jabil, Inc., 4.700%, 9/15/2022		7,976,516

Principal Amount		Description	Value (†)
	Bonds and Notes – continued
		Non-Convertible Bonds – continued
		Technology – continued
	$  16,735,000	KLA Corp., 5.650%, 11/01/2034	$	22,359,275
	25,254,000	Micron Technology, Inc., 4.663%, 2/15/2030		29,658,500
	10,622,000	Micron Technology, Inc., 5.327%, 2/06/2029		12,774,590
	3,980,000	NXP BV/NXP Funding LLC/NXP USA, Inc., 3.150%, 5/01/2027, 144A		4,301,560
	2,225,000	NXP BV/NXP Funding LLC/NXP USA, Inc., 3.400%, 5/01/2030, 144A		2,435,727
	1,055,000	Open Text Corp., 3.875%, 2/15/2028, 144A		1,065,075
	1,015,000	Open Text Holdings, Inc., 4.125%, 2/15/2030, 144A		1,043,867
	25,480,000	Oracle Corp., 3.600%, 4/01/2050		28,720,272
	2,675,000	Seagate HDD Cayman, 4.125%, 1/15/2031, 144A		2,886,839
	970,000	SS&C Technologies, Inc., 5.500%, 9/30/2027, 144A		1,030,838
	9,135,000	Verisk Analytics, Inc., 4.125%, 3/15/2029		10,772,830
				297,779,080
		Transportation Services – 0.2%
	9,670,000	Adani Ports & Special Economic Zone Ltd., 4.200%, 8/04/2027, 144A		9,707,362
		Treasuries – 14.1%
	29,160,000	U.S. Treasury Bond, 1.250%, 5/15/2050		27,720,225
	27,405,000	U.S. Treasury Bond, 2.000%, 2/15/2050		31,091,829
	6,475,000	U.S. Treasury Bond, 3.000%, 8/15/2048		8,845,710
	267,555,000	U.S. Treasury Note, 0.125%, 4/30/2022		267,565,451
	173,275,000	U.S. Treasury Note, 0.125%, 6/30/2022		173,275,000
	209,930,000	U.S. Treasury Note, 0.375%, 3/31/2022		210,692,636
	42,565,000	U.S. Treasury Note, 1.375%, 1/31/2022		43,271,645
	67,000,000	U.S. Treasury Note, 1.500%, 11/30/2021		68,052,109
				830,514,605
		Wireless – 1.8%
	21,805,000	American Tower Corp., 2.100%, 6/15/2030		21,946,286
	2,295,000	Crown Castle International Corp., 2.250%, 1/15/2031		2,319,650

Principal Amount		Description	Value (†)
	Bonds and Notes – continued
		Non-Convertible Bonds – continued
		Wireless – continued
	$    3,725,000	Crown Castle International Corp., 3.300%, 7/01/2030	$	4,073,558
	22,660,000	Crown Castle International Corp., 3.650%, 9/01/2027		25,355,978
	6,615,000	Crown Castle International Corp., 4.000%, 3/01/2027		7,516,421
	730,000	Crown Castle International Corp., 4.150%, 7/01/2050		838,427
	610,000	Sprint Capital Corp., 6.875%, 11/15/2028		762,500
	1,545,000	Sprint Corp., 7.250%, 9/15/2021		1,616,456
	36,385,000	T-Mobile USA, Inc., 3.875%, 4/15/2030, 144A		41,283,149
	980,000	T-Mobile USA, Inc., 4.500%, 2/01/2026		1,009,792
				106,722,217
		Wirelines – 2.3%
	9,487,000	AT&T, Inc., 3.500%, 9/15/2053, 144A		9,172,260
	364,000	AT&T, Inc., 3.550%, 9/15/2055, 144A		352,779
	20,495,000	AT&T, Inc., 3.650%, 6/01/2051		20,672,289
	515,000	AT&T, Inc., 3.650%, 9/15/2059, 144A		505,910
	61,415,000	AT&T, Inc., 4.300%, 2/15/2030		72,797,058
	113,000	AT&T, Inc., 4.350%, 6/15/2045		126,607
	2,656,000	AT&T, Inc., 4.500%, 3/09/2048		3,048,065
	857,000	Level 3 Financing, Inc., 4.625%, 9/15/2027, 144A		880,567
	20,585,000	Telefonica Emisiones S.A., 5.520%, 3/01/2049		25,654,674
				133,210,209
		Total Non-Convertible Bonds (Identified Cost $5,163,937,706)		5,511,337,483
	Convertible Bonds – 0.8%
		Cable Satellite – 0.3%
	9,050,000	DISH Network Corp., 2.375%, 3/15/2024		8,144,545
	11,855,000	DISH Network Corp., 3.375%, 8/15/2026		10,882,849
				19,027,394

Principal Amount		Description	Value (†)
	Bonds and Notes – continued
		Convertible Bonds – continued
		Diversified Manufacturing – 0.1%
	$    5,165,000	Greenbrier Cos., Inc. (The), 2.875%, 2/01/2024	$	4,724,642
		Electric – 0.1%
	4,030,000	NRG Energy, Inc., 2.750%, 6/01/2048		4,174,016
		Energy – 0.0%
	6,390,000	Chesapeake Energy Corp., 5.500%, 9/15/2026(a)(b)(f)		214,065
		Pharmaceuticals – 0.3%
	6,350,000	BioMarin Pharmaceutical, Inc., 0.599%, 8/01/2024		6,663,391
	10,795,000	BioMarin Pharmaceutical, Inc., 1.250%, 5/15/2027, 144A		10,557,416
				17,220,807
		Total Convertible Bonds (Identified Cost $52,101,267)		45,360,924
	Municipals – 0.1%
		Michigan – 0.0%
	1,515,000	Michigan Tobacco Settlement Finance Authority, Series A, 7.309%, 6/01/2034		1,547,270
		Virginia – 0.1%
	7,515,000	Tobacco Settlement Financing Corp., Series A-1, 6.706%, 6/01/2046		7,756,457
		Total Municipals (Identified Cost $8,767,940)		9,303,727
		Total Bonds and Notes (Identified Cost $5,224,806,913)		5,566,002,134
	Collateralized Loan Obligations – 2.5%
	4,650,000	Allegro CLO VIII Ltd., Series 2018-2A, Class B1, 3-month LIBOR + 1.670%, 1.945%, 7/15/2031, 144A(d)		4,539,332
	4,075,000	Ares XXXVII CLO Ltd., Series 2015-4A, Class A3R, 3-month LIBOR + 1.500%, 1.775%, 10/15/2030, 144A(d)		3,963,742
	2,872,200	Atrium XII, Series 12A, Class AR, 3-month LIBOR + 0.830%, 1.088%, 4/22/2027, 144A(d)		2,845,434
	75,609	Avery Point IV CLO Ltd., Series 2014-1A, Class AR, 3-month LIBOR + 1.100%, 1.345%, 4/25/2026, 144A(d)		75,580
	3,940,000	Black Diamond CLO Ltd., Series 2013-1A, Class BR, 3-month LIBOR + 2.500%, 2.773%, 2/06/2026, 144A(d)		3,912,223
	2,525,000	Canyon CLO Ltd., Series 2018-1A, Class B, 3-month LIBOR + 1.700%, 1.975%, 7/15/2031, 144A(d)		2,502,946
	6,500,000	CIFC Funding Ltd., Series 2014-5A, Class BR2, 3-month LIBOR + 1.800%, 2.073%, 10/17/2031, 144A(d)		6,402,338
	4,075,882	CVP Cascade CLO Ltd., Series 2014-2A, Class A1R, 3-month LIBOR + 1.200%, 1.472%, 7/18/2026, 144A(d)		4,075,235
	3,335,000	Dryden 53 CLO Ltd., Series 2017-53A, Class B, 3-month LIBOR + 1.400%, 1.675%, 1/15/2031, 144A(d)		3,246,840

Principal Amount		Description	Value (†)
	Collateralized Loan Obligations – continued
	$    3,921,302	Elevation CLO Ltd., Series 2015-4A, Class AR, 3-month LIBOR + 0.990%, 1.262%, 4/18/2027, 144A(d)	$	3,916,951
	1,275,384	Flatiron CLO Ltd., Series 2015-1A, Class AR, 3-month LIBOR + 0.890%, 1.165%, 4/15/2027, 144A(d)		1,273,385
	180,910	Galaxy XXIX CLO Ltd., Series 2018-29A, Class A, 3-month LIBOR + 0.790%, 1.070%, 11/15/2026, 144A(d)		180,052
	5,405,000	Goldentree Loan Management U.S CLO 3 Ltd., Series 2018-3A, Class B1, 3-month LIBOR + 1.550%, 1.822%, 4/20/2030, 144A(d)		5,258,079
	5,490,000	Halcyon Loan Advisors Funding Ltd., Series 2014-3A, Class B1R, 3-month LIBOR + 1.700%, 1.958%, 10/22/2025, 144A(d)		5,456,614
	13,735,000	Hayfin Kingsland VIII Ltd., Series 2018-8A, Class B, 3-month LIBOR + 1.480%, 1.752%, 4/20/2031, 144A(d)		13,471,430
	1,000,000	Jamestown CLO IX Ltd., Series 2016-9A, Class A2R, 3-month LIBOR + 1.850%, 2.122%, 10/20/2028, 144A(d)		988,112
	8,423,788	Jamestown CLO VII Ltd., Series 2015-7A, Class A1R, 3-month LIBOR + 0.830%, 1.075%, 7/25/2027, 144A(d)		8,382,708
	486,520	Limerock CLO III LLC, Series 2014-3A, Class A1R, 3-month LIBOR + 1.200%, 1.472%, 10/20/2026, 144A(d)		485,561
	4,475,000	Madison Park Funding XII Ltd., Series 2014-12A, Class CR, 3-month LIBOR + 2.350%, 2.622%, 7/20/2026, 144A(d)		4,402,631
	2,770,000	Madison Park Funding XVI Ltd., Series 2015-16A, Class A2R, 3-month LIBOR + 1.900%, 2.172%, 4/20/2026, 144A(d)		2,750,189
	1,450,000	Marble Point CLO X Ltd., Series 2017-1A, Class B, 3-month LIBOR + 1.800%, 2.075%, 10/15/2030, 144A(d)		1,424,036
	7,275,000	Marble Point CLO XIV Ltd., Series 2018-2A, Class A1, 3-month LIBOR + 1.330%, 1.602%, 1/20/2032, 144A(d)		7,203,773
	11,526,325	Mountain View CLO X Ltd., Series 2015-10A, Class AR, 3-month LIBOR + 0.820%, 1.086%, 10/13/2027, 144A(d)		11,455,728
	10,226,644	OCP CLO Ltd., Series 2015-10A, Class A1R, 3-month LIBOR + 0.820%, 1.065%, 10/26/2027, 144A(d)		10,181,718
	1,500,000	Octagon Investment Partners XIX Ltd., Series 2014-1A, Class CR, 3-month LIBOR + 2.100%, 2.375%, 4/15/2026, 144A(d)		1,502,661
	270,141	OFSI Fund VII Ltd., Series 2014-7A, Class AR, 3-month LIBOR + 0.900%, 1.172%, 10/18/2026, 144A(d)		270,064
	3,605,000	OZLM XXIV Ltd., Series 2019-24A, Class A2A, 3-month LIBOR + 2.250%, 2.522%, 7/20/2032, 144A(d)		3,604,974
	8,410,321	Parallel Ltd., Series 2015-1A, Class AR, 3-month LIBOR + 0.850%, 1.122%, 7/20/2027, 144A(d)		8,335,670
	4,376,594	Recette CLO Ltd., Series 2015-1A, Class AR, 3-month LIBOR + 0.920%, 1.192%, 10/20/2027, 144A(d)		4,369,410
	1,000,000	Recette CLO Ltd., Series 2015-1A, Class CR, 3-month LIBOR + 1.700%, 1.972%, 10/20/2027, 144A(d)		981,780
	1,015,000	Regatta XV Funding Ltd., Series 2018-4A, Class A2, 3-month LIBOR + 1.850%, 2.095%, 10/25/2031, 144A(d)		996,371
	4,382,170	Venture XII CLO Ltd., Series 2012-12A, Class ARR, 3-month LIBOR + 0.800%, 1.056%, 2/28/2026, 144A(d)		4,349,572
	2,826,040	Venture XX CLO Ltd., Series 2015-20A, Class AR, 3-month LIBOR + 0.820%, 1.095%, 4/15/2027, 144A(d)		2,817,065
	6,365,873	Venture XXI CLO Ltd., Series 2015-21A, Class AR, 3-month LIBOR + 0.880%, 1.155%, 7/15/2027, 144A(d)		6,326,449
	3,335,000	Voya CLO Ltd., Series 2013-3A, Class A2RR, 3-month LIBOR + 1.700%, 1.972%, 10/18/2031, 144A(d)		3,255,938
	219,694	Voya CLO Ltd., Series 2014-3A, Class A1R, 3-month LIBOR + 0.720%, 0.965%, 7/25/2026, 144A(d)		218,719
	2,379,378	West CLO Ltd., Series 2014-1A, Class A1R, 3-month LIBOR + 0.920%, 1.192%, 7/18/2026, 144A(d)		2,378,119

Principal Amount		Description	Value (†)
	Collateralized Loan Obligations – continued
		Total Collateralized Loan Obligations (Identified Cost $145,086,709)		147,801,429
Shares
	Preferred Stocks – 0.8%
		Banking – 0.5%
	8,763	Bank of America Corp., Series L, 7.250%	$	13,039,344
	10,730	Wells Fargo & Co., Class A, Series L, 7.500%		14,400,196
				27,439,540
		Electric – 0.1%
	59,423	NextEra Energy, Inc., 5.279%		2,773,866
		Energy – 0.0%
	40,860	Chesapeake Energy Corp., 5.000%(a)(e)(g)(h)		—
		Food & Beverage – 0.2%
	138,889	Bunge Ltd., 4.875%		13,302,272
		Total Preferred Stocks (Identified Cost $46,462,032)		43,515,678
	Common Stocks – 0.0%
		Oil, Gas & Consumable Fuels – 0.0%
	949	Whiting Petroleum Corp.(h) (Identified Cost $54,311)		16,408
Principal Amount
	Short-Term Investments – 1.8%
	$107,699,342	Tri-Party Repurchase Agreement with Fixed Income Clearing Corporation, dated 9/30/2020 at 0.000% to be repurchased at $107,699,342 on 10/01/2020 collateralized by $19,370,400 U.S. Treasury Note, 1.125% due 2/28/2025 valued at $20,162,520; $22,000,000 U.S. Treasury Note, 0.250% due 7/31/2025 valued at $22,015,981; $67,680,200 U.S. Treasury Note, 0.250% due 9/30/2025 valued at $67,674,921 including accrued interest (i) (Identified Cost $107,699,342)		107,699,342
		Total Investments – 99.6% (Identified Cost $5,524,109,307)		5,865,034,991
		Other assets less liabilities – 0.4%		24,994,805
		Net Assets – 100.0%	$	5,890,029,796

(†) Fund securities and other investments are valued at market value based on market quotations obtained or determined by independent pricing services recommended by the adviser and approved by the Board of Trustees. Fund securities and other investments for which market quotations are not readily available are valued at fair value as determined in good faith by the adviser pursuant to procedures approved by the Board of Trustees, as described below. Market value is determined as follows:

Debt securities and unlisted preferred equity securities are valued based on evaluated bids furnished to the Fund by an independent pricing service or bid prices obtained from broker-dealers.

Senior loans and collateralized loan obligations are valued at bid prices supplied by an independent pricing service, if available.

Listed equity securities (including shares of closed-end investment companies and exchange-traded funds) are valued at the last sale price quoted on the exchange where they are traded most extensively or, if there is no reported sale during the day, the closing bid quotation as reported by an independent pricing service. Securities traded on the NASDAQ Global Select Market, NASDAQ Global Market and NASDAQ Capital Market are valued at the NASDAQ Official Closing Price (“NOCP”), or if lacking an NOCP, at the most recent bid quotations on the applicable NASDAQ Market. Unlisted equity securities (except unlisted preferred equity securities) are valued at the last sale price quoted in the market where they are traded most extensively or, if there is no reported sale during the day, the closing bid quotation as reported by an independent pricing service. If there is no last sale price or closing bid quotation available, unlisted equity securities will be valued using evaluated bids furnished by an independent pricing service, if available.

In some foreign markets, an official close price and a last sale price may be available from the foreign exchange or market. In those cases, the official close price is used.

Broker-dealer bid prices may be used to value debt and unlisted equity securities and senior loans and collateralized loan obligations where an independent pricing service is unable to price a security or where an independent pricing service does not provide a reliable price for the security.

Forward foreign currency contracts are valued utilizing interpolated rates determined based on information provided by an independent pricing service.

Centrally cleared swap agreements are valued at settlement prices of the clearinghouse on which the contracts were traded or prices obtained from broker-dealers.

Fund securities and other investments for which market quotations are not readily available are valued at fair value as determined in good faith by the adviser pursuant to procedures approved by the Board of Trustees. The Fund may also value securities and other investments at fair value in other circumstances such as when extraordinary events occur after the close of a foreign market but prior to the close of the New York Stock Exchange. This may include situations relating to a single issuer (such as a declaration of bankruptcy or a delisting of the issuer’s security from the primary market on which it has traded) as well as events affecting the securities markets in general (such as market disruptions or closings and significant fluctuations in U.S. and/or foreign markets). When fair valuing its securities or other investments, the Fund may, among other things, use modeling tools or other processes that may take into account factors such as securities or other market activity and/or significant events that occur after the close of the foreign market and before the time the Fund’s net asset value (“NAV”) is calculated. Fair value pricing may require subjective determinations about the value of a security, and fair values used to determine the Fund’s NAV may differ from quoted or published prices, or from prices that are used by others, for the same securities. In addition, the use of fair value pricing may not always result in adjustments to the prices of securities held by the Fund.

Illiquid securities for which market quotations are readily available and have been evaluated by the adviser are considered and classified as fair valued securities pursuant to the Fund’s pricing policies and procedures.

As of September 30, 2020, securities held by the Fund were fair valued as follows:

Securities classified as fair valued	Percentage of Net Assets			Securities fair valued by the Fund’s adviser		Percentage of Net Assets
$120,750,718		2.1	%		—		Less than 0.1	%

The books and records of the Fund are maintained in U.S. dollars. The values of securities, currencies and other assets and liabilities denominated in currencies other than U.S. dollars are translated into U.S. dollars based upon foreign exchange rates prevailing at the end of the period.

(a) Illiquid security.

(b) Securities classified as fair valued pursuant to the Fund’s pricing policies and procedures. At September 30, 2020, the value of these securities amounted to $120,750,718 or 2.1% of net assets.

(c) Variable rate security. The interest rate adjusts periodically based on; (i) changes in current interest rates and/or prepayments on underlying pools of assets, if applicable, (ii) reference to a base lending rate plus or minus a margin, and/or (iii) reference to a base lending rate adjusted by a multiplier and/or subject to certain floors or caps. Rate as of September 30, 2020 is disclosed.

(d) Variable rate security. Rate as of September 30, 2020 is disclosed.

(e) Level 3 security. Value has been determined using significant unobservable inputs.

(f) The issuer is in default with respect to interest and/or principal payments. Income is not being accrued.

(g) Fair valued by the Fund’s adviser. At September 30, 2020, the value of this security amounted to $0.

(h)	Non-income producing security.
(i)	The Fund may enter into repurchase agreements, under the terms of a Master Repurchase Agreement, under which the Fund acquires securities as collateral and agrees to resell the securities at an agreed upon time and at an agreed upon price. It is the Fund’s policy that the market value of the collateral for repurchase agreements be at least equal to 102% of the repurchase price, including interest. Certain repurchase agreements are tri-party arrangements whereby the collateral is held in a segregated account for the benefit of the Fund and on behalf of the counterparty. Repurchase agreements could involve certain risks in the event of default or insolvency of the counterparty, including possible delays or restrictions upon the Fund’s ability to dispose of the underlying securities. As of September 30, 2020, the Fund had an investment in a repurchase agreement for which the value of the related collateral exceeded the value of the repurchase agreement.
144A	All or a portion of these securities are exempt from registration under Rule 144A of the Securities Act of 1933. These securities may be resold in transactions exempt from registration, normally to qualified institutional buyers. At September 30, 2020, the value of Rule 144A holdings amounted to $2,021,386,581 or 34.3% of net assets.
ABS	Asset-Backed Securities
ARS	Auction Rate Security
FNMA	Federal National Mortgage Association
GMTN	Global Medium Term Note
LIBOR	London Interbank Offered Rate
MTN	Medium Term Note
REITs	Real Estate Investment Trusts
SLM	Sallie Mae

Fair Value Measurements

In accordance with accounting standards related to fair value measurements and disclosures, the Fund has categorized the inputs utilized in determining the value of the Fund’s assets or liabilities. These inputs are summarized in the three broad levels listed below:

• Level 1 — quoted prices in active markets for identical assets or liabilities;

• Level 2 — prices determined using other significant inputs that are observable either directly, or indirectly through corroboration with observable market data (which could include quoted prices for similar assets or liabilities, interest rates, credit risk, etc.); and

• Level 3 — prices determined using significant unobservable inputs when quoted prices or observable inputs are unavailable such as when there is little or no market activity for an asset or liability (unobservable inputs reflect the Fund’s own assumptions in determining the fair value of assets or liabilities and would be based on the best information available).

The inputs or methodology used for valuing securities are not necessarily an indication of the risk associated with investing in those securities.

The following is a summary of the inputs used to value the Fund’s investments as of September 30, 2020, at value:

Asset Valuation Inputs

Description	Level 1		Level 2		Level 3			Total
Bonds and Notes
Non-Convertible Bonds
ABS Other	$	—	$	151,726,436	$	21,594,566	(a)	$	173,321,002
All Other Non-Convertible Bonds*		—		5,338,016,481		—			5,338,016,481
Total Non-Convertible Bonds		—		5,489,742,917		21,594,566			5,511,337,483
Convertible Bonds*		—		45,360,924		—			45,360,924
Municipals*		—		9,303,727		—			9,303,727
Total Bonds and Notes		—		5,544,407,568		21,594,566			5,566,002,134
Collateralized Loan Obligations*		—		147,801,429		—			147,801,429
Preferred Stocks
Energy		—		—		—	(b)		—
Food & Beverage		—		13,302,272		—			13,302,272
All Other Preferred Stocks*		30,213,406		—		—			30,213,406
Total Preferred Stocks		30,213,406		13,302,272		—			43,515,678
Common Stocks*		16,408		—		—			16,408
Short-Term Investments		—		107,699,342		—			107,699,342
Total	$	30,229,814	$	5,813,210,611	$	21,594,566		$	5,865,034,991

* Details of the major categories of the Fund’s investments are reflected within the Portfolio of Investments.

(a) Valued using broker-dealer bid prices.

(b) Includes a security fair valued at zero by the Fund’s adviser using level 3 inputs.

The Fund’s pricing policies and procedures are recommended by the adviser and approved by the Board of Trustees. Debt securities are valued based on evaluated bids furnished to the Fund by an independent pricing service. Broker-dealer bid prices may be used if an independent pricing service either is unable to price a security or does not provide a reliable price for a security. The Fund’s adviser may use internally developed models to validate broker-dealer bid prices that are only available from a single broker or market maker. Such securities are considered and classified as fair valued. Broker-dealer bid prices for which the Fund does not have knowledge of the inputs used by the broker-dealer are categorized in Level 3. Securities for which market quotations are not readily available are valued at fair value as determined in good faith by the Fund’s adviser pursuant to procedures approved by the Board of Trustees. Fair valued securities may be categorized in Level 3.

The following is a reconciliation of Level 3 investments for which significant unobservable inputs were used to determine fair value as of December 31, 2019 and/or September 30, 2020:

Asset Valuation Inputs

Investments in Securities	Balance as of December 31, 2019		Accrued Discounts (Premiums)		Realized Gain (Loss)		Change in Unrealized Appreciation (Depreciation)			Purchases		Sales		Transfers into Level 3		Transfers out of Level 3		Balance as of September 30, 2020			Change in Unrealized Appreciation (Depreciation) from Investments Still Held at September 30, 2020
Bonds and Notes
Non-Convertible Bonds
ABS Other	$	—	$	—	$	—	$	(17,667,175	)	$	—	$	—	$	39,261,741	$	—	$	21,594,566		$	(17,667,175	)
Preferred Stocks
Energy		721,179		—		—		(721,179	)		—		—		—		—		—	(a)		(721,179	)
Total	$	721,179	$	—	$	—	$	(18,388,354	)	$	—	$	—	$	39,261,741	$	—	$	21,594,566		$	(18,388,354	)

(a) Includes a security fair valued at zero using level 3 inputs.

A debt security valued at $39,261,741 was transferred from Level 2 to Level 3 during the period ended September 30, 2020. At December 31, 2019, this security was valued on the basis of evaluated bids furnished to the Fund by an independent pricing service in accordance with the Fund’s valuation policies. At September 30, 2020, this security was valued using broker-dealer bid prices based on inputs unobservable to the Fund as an independent pricing service did not provide a reliable price for the security.

Industry Summary at September 30, 2020 (Unaudited)

Treasuries	14.1	%
Banking	8.7
ABS Car Loan	6.4
ABS Home Equity	5.4
Technology	5.1
Aerospace & Defense	4.8
Metals & Mining	4.0
Life Insurance	3.2
Food & Beverage	3.1
ABS Other	2.9
Electric	2.8
Cable Satellite	2.7
Midstream	2.5
Automotive	2.5
Wirelines	2.3
Other Investments, less than 2% each	24.8
Collateralized Loan Obligations	2.5
Short-Term Investments	1.8
Total Investments	99.6
Other assets less liabilities	0.4
Net Assets	100.0	%