|
Shares
|
Description
|
Value (†)
|
|
Common Stocks — 66.6% of Net Assets
|
||
|
|
Canada — 0.9%
|
|
|
275,500
|
CGI, Inc.(a)
|
$27,498,648
|
|
|
France — 1.6%
|
|
|
60,178
|
LVMH Moet Hennessy Louis Vuitton SE
|
46,204,115
|
|
|
Japan — 1.6%
|
|
|
1,719,161
|
Nomura Research Institute Ltd.
|
48,589,869
|
|
|
Netherlands — 2.4%
|
|
|
71,312
|
ASML Holding NV
|
72,678,755
|
|
|
Sweden — 2.6%
|
|
|
4,111,132
|
Atlas Copco AB, Class A
|
77,191,600
|
|
|
Taiwan — 2.3%
|
|
|
2,305,000
|
Taiwan Semiconductor Manufacturing Co.
Ltd.
|
68,291,648
|
|
|
United Kingdom — 2.2%
|
|
|
954,281
|
Halma PLC
|
32,527,185
|
|
275,591
|
London Stock Exchange Group PLC
|
32,679,115
|
|
|
|
65,206,300
|
|
|
United States — 53.0%
|
|
|
133,193
|
Accenture PLC, Class A
|
40,412,088
|
|
63,090
|
Adobe, Inc.(a)
|
35,049,019
|
|
461,448
|
Airbnb, Inc., Class A(a)
|
69,969,360
|
|
547,625
|
Alphabet, Inc., Class A
|
99,749,894
|
|
532,215
|
Amazon.com, Inc.(a)
|
102,850,549
|
|
64,551
|
BlackRock, Inc.
|
50,822,293
|
|
74,916
|
Costco Wholesale Corp.
|
63,677,851
|
|
148,288
|
Cummins, Inc.
|
41,065,396
|
|
208,030
|
Danaher Corp.
|
51,976,295
|
|
161,775
|
Diamondback Energy, Inc.
|
32,385,737
|
|
81,834
|
Goldman Sachs Group, Inc.
|
37,015,155
|
|
171,744
|
Home Depot, Inc.
|
59,121,155
|
|
168,637
|
IQVIA Holdings, Inc.(a)
|
35,656,607
|
|
244,865
|
JPMorgan Chase & Co.
|
49,526,395
|
|
172,795
|
Linde PLC
|
75,824,174
|
|
171,273
|
Mastercard, Inc., Class A
|
75,558,797
|
|
45,719
|
Mettler-Toledo International, Inc.(a)
|
63,896,417
|
|
838,475
|
NVIDIA Corp.
|
103,585,201
|
|
61,998
|
O'Reilly Automotive, Inc.(a)
|
65,473,608
|
|
109,616
|
Parker-Hannifin Corp.
|
55,444,869
|
|
113,595
|
Roper Technologies, Inc.
|
64,028,958
|
|
227,032
|
S&P Global, Inc.
|
101,256,272
|
|
157,831
|
Salesforce, Inc.
|
40,578,350
|
|
133,546
|
Schneider Electric SE
|
32,017,089
|
|
149,384
|
Texas Instruments, Inc.
|
29,059,669
|
|
79,019
|
Trane Technologies PLC
|
25,991,720
|
|
138,227
|
UnitedHealth Group, Inc.
|
70,393,482
|
|
69,467
|
Veralto Corp.
|
6,632,014
|
|
|
|
1,579,018,414
|
|
|
Total Common Stocks
(Identified Cost $1,414,872,780)
|
1,984,679,349
|
|
Principal
Amount (‡)
|
Description
|
Value (†)
|
|
Bonds and Notes — 30.3%
|
||
|
|
||
|
|
||
|
Non-Convertible Bonds — 28.5%
|
||
|
|
Australia — 1.4%
|
|
|
$2,990,000
|
AngloGold Ashanti Holdings PLC,
3.375%, 11/01/2028
|
$2,686,744
|
|
5,325,000
|
Australia Government Bonds, Series 164,
0.500%, 9/21/2026, (AUD)
|
3,281,490
|
|
5,540,000
|
Australia Government Bonds, Series 166,
3.000%, 11/21/2033, (AUD)
|
3,325,843
|
|
670,000
|
GAIF Bond Issuer Pty. Ltd.,
3.400%, 9/30/2026(b)
|
641,173
|
|
16,470,000
|
Glencore Funding LLC, 6.500%, 10/06/2033(b)
|
17,156,472
|
|
5,000,000
|
Macquarie Group Ltd., (fixed rate to
1/14/2032, variable rate thereafter),
2.871%, 1/14/2033(b)
|
4,132,020
|
|
4,000,000
|
Macquarie Group Ltd., (fixed rate to
9/23/2026, variable rate thereafter),
1.629%, 9/23/2027(b)
|
3,670,470
|
|
11,610,000
|
New South Wales Treasury Corp.,
2.000%, 3/08/2033, (AUD)
|
6,164,264
|
|
95,000
|
Sydney Airport Finance Co. Pty. Ltd.,
3.375%, 4/30/2025(b)
|
93,224
|
|
|
|
41,151,700
|
|
|
Belgium — 0.1%
|
|
|
2,745,000
|
Anheuser-Busch InBev SA, EMTN,
2.000%, 1/23/2035, (EUR)
|
2,542,950
|
|
|
Brazil — 0.7%
|
|
|
2,600,000
|
Brazil Government International Bonds,
6.000%, 10/20/2033
|
2,498,613
|
|
53,329
(c)
|
Brazil Notas do Tesouro Nacional, Series F,
10.000%, 1/01/2031, (BRL)
|
8,609,145
|
|
25,149
(c)
|
Brazil Notas do Tesouro Nacional, Series F,
10.000%, 1/01/2035, (BRL)
|
3,935,572
|
|
650,000
|
Centrais Eletricas Brasileiras SA,
4.625%, 2/04/2030(b)
|
584,263
|
|
575,000
|
Raizen Fuels Finance SA,
5.300%, 1/20/2027(b)
|
565,355
|
|
2,515,000
|
Suzano Austria GmbH, 2.500%, 9/15/2028
|
2,207,874
|
|
550,000
|
Suzano Austria GmbH, 3.750%, 1/15/2031
|
479,205
|
|
1,185,000
|
Suzano Austria GmbH, Series DM3N,
3.125%, 1/15/2032
|
969,987
|
|
|
|
19,850,014
|
|
|
Canada — 2.0%
|
|
|
1,235,000
|
1011778 BC ULC/New Red Finance, Inc.,
4.000%, 10/15/2030(b)
|
1,087,171
|
|
304,043
|
Air Canada Pass-Through Trust,
Series 2015-2, Class A, 4.125%, 6/15/2029(b)
|
283,982
|
|
642,968
|
Air Canada Pass-Through Trust,
Series 2017-1, Class AA,
3.300%, 7/15/2031(b)
|
587,686
|
|
505,000
|
Antares Holdings LP, 3.750%, 7/15/2027(b)
|
462,145
|
|
1,210,000
|
Antares Holdings LP, 3.950%, 7/15/2026(b)
|
1,143,801
|
|
305,000
|
Antares Holdings LP, 7.950%, 8/11/2028(b)
|
316,010
|
|
2,835,000
|
Bell Telephone Co. of Canada or Bell
Canada, MTN, 3.600%, 9/29/2027, (CAD)
|
2,010,953
|
|
1,735,000
|
Brookfield Finance I U.K. PLC/Brookfield
Finance, Inc., 2.340%, 1/30/2032
|
1,391,730
|
|
1,015,000
|
Brookfield Finance, Inc., 3.900%, 1/25/2028
|
968,657
|
|
2,715,000
|
Brookfield Renewable Partners ULC, MTN,
4.250%, 1/15/2029, (CAD)
|
1,952,863
|
|
Principal
Amount (‡)
|
Description
|
Value (†)
|
|
|
||
|
|
Canada — continued
|
|
|
16,650,000
|
Canada Government Bonds,
0.500%, 9/01/2025, (CAD)
|
$11,663,824
|
|
20,700,000
|
Canada Government Bonds,
4.500%, 2/01/2026, (CAD)
|
15,217,575
|
|
4,695,000
|
Enbridge Gas, Inc., MTN, 2.900%, 4/01/2030,
(CAD)
|
3,167,259
|
|
4,770,000
|
Enbridge, Inc., MTN, 2.990%, 10/03/2029,
(CAD)
|
3,221,201
|
|
2,965,000
|
Federation des Caisses Desjardins du
Quebec, (fixed rate to 5/26/2025, variable
rate thereafter), 2.856%, 5/26/2030, (CAD)
|
2,124,774
|
|
4,670,000
|
Ontario Power Generation, Inc., MTN,
2.977%, 9/13/2029, (CAD)
|
3,192,142
|
|
2,350,000
|
Province of Quebec, 4.500%, 9/08/2033
|
2,304,022
|
|
2,960,000
|
Rogers Communications, Inc.,
3.300%, 12/10/2029, (CAD)
|
2,013,700
|
|
1,675,000
|
Toronto-Dominion Bank, MTN,
1.150%, 6/12/2025
|
1,608,870
|
|
2,735,000
|
Toronto-Dominion Bank, Series FXD,
1.950%, 1/12/2027
|
2,538,274
|
|
1,580,000
|
Videotron Ltd., 5.125%, 4/15/2027(b)
|
1,555,643
|
|
|
|
58,812,282
|
|
|
Chile — 0.6%
|
|
|
575,000
|
Antofagasta PLC, 2.375%, 10/14/2030
|
480,867
|
|
975,000
|
Antofagasta PLC, 5.625%, 5/13/2032
|
975,860
|
|
510,000
|
Antofagasta PLC, 6.250%, 5/02/2034(b)
|
528,207
|
|
2,525,000
|
Banco Santander Chile,
3.177%, 10/26/2031(b)
|
2,187,155
|
|
950,000
|
Celulosa Arauco y Constitucion SA,
4.500%, 8/01/2024
|
947,266
|
|
1,005,000
|
Chile Government International Bonds,
2.550%, 1/27/2032
|
842,841
|
|
2,580,000
|
Colbun SA, 3.150%, 3/06/2030
|
2,272,173
|
|
1,960,000
|
Corp. Nacional del Cobre de Chile,
3.000%, 9/30/2029(b)
|
1,734,107
|
|
275,000
|
Corp. Nacional del Cobre de Chile,
6.300%, 9/08/2053(b)
|
272,519
|
|
595,000
|
Empresa Nacional de Telecomunicaciones
SA, 3.050%, 9/14/2032(b)
|
480,134
|
|
1,980,000
|
Empresa Nacional del Petroleo,
3.450%, 9/16/2031(b)
|
1,677,614
|
|
525,000
|
Enel Chile SA, 4.875%, 6/12/2028
|
507,516
|
|
2,690,000
|
Engie Energia Chile SA, 3.400%, 1/28/2030
|
2,341,432
|
|
1,075,000
|
Engie Energia Chile SA, 6.375%, 4/17/2034(b)
|
1,087,244
|
|
870,000
|
Sociedad Quimica y Minera de Chile SA,
6.500%, 11/07/2033(b)
|
905,183
|
|
1,120,000
|
Transelec SA, 4.250%, 1/14/2025(b)
|
1,109,065
|
|
|
|
18,349,183
|
|
|
China — 0.0%
|
|
|
625,000
|
Tencent Holdings Ltd., 2.880%, 4/22/2031(b)
|
543,237
|
|
|
Colombia — 0.5%
|
|
|
1,395,000
|
Colombia Government International Bonds,
3.125%, 4/15/2031
|
1,097,933
|
|
575,000
|
Colombia Government International Bonds,
3.875%, 4/25/2027
|
540,573
|
|
1,280,000
|
Colombia Government International Bonds,
7.500%, 2/02/2034
|
1,280,434
|
|
7,073,300,000
|
Colombia TES, Series B, 6.250%, 11/26/2025,
(COP)
|
1,654,417
|
|
29,559,900,000
|
Colombia TES, Series B, 7.500%, 8/26/2026,
(COP)
|
6,855,703
|
|
Principal
Amount (‡)
|
Description
|
Value (†)
|
|
|
||
|
|
Colombia — continued
|
|
|
$2,536,000
|
Ecopetrol SA, 5.875%, 5/28/2045
|
$1,818,011
|
|
1,300,000
|
Empresas Publicas de Medellin ESP,
4.250%, 7/18/2029(b)
|
1,116,375
|
|
|
|
14,363,446
|
|
|
Czech Republic — 0.1%
|
|
|
1,525,000
|
CEZ AS, EMTN, 0.875%, 12/02/2026, (EUR)
|
1,524,118
|
|
1,120,000
|
CEZ AS, EMTN, 3.000%, 6/05/2028, (EUR)
|
1,166,704
|
|
|
|
2,690,822
|
|
|
Denmark — 0.2%
|
|
|
2,135,000
|
Danske Bank AS, EMTN, (fixed rate to
6/21/2029, variable rate thereafter),
4.750%, 6/21/2030, (EUR)
|
2,379,553
|
|
2,055,000
|
Orsted AS, EMTN, 2.125%, 5/17/2027, (GBP)
|
2,380,217
|
|
|
|
4,759,770
|
|
|
Dominican Republic — 0.2%
|
|
|
2,160,000
|
Dominican Republic International Bonds,
4.500%, 1/30/2030(b)
|
1,960,244
|
|
1,155,000
|
Dominican Republic International Bonds,
4.875%, 9/23/2032(b)
|
1,033,298
|
|
590,000
|
Dominican Republic International Bonds,
5.950%, 1/25/2027(b)
|
587,097
|
|
995,000
|
Dominican Republic International Bonds,
6.000%, 7/19/2028(b)
|
987,717
|
|
425,000
|
Dominican Republic International Bonds,
8.625%, 4/20/2027(b)
|
438,674
|
|
|
|
5,007,030
|
|
|
France — 0.2%
|
|
|
205,000
|
BNP Paribas SA, 4.375%, 5/12/2026(b)
|
199,454
|
|
1,190,000
|
BNP Paribas SA, (fixed rate to 1/09/2029,
variable rate thereafter),
5.176%, 1/09/2030(b)
|
1,177,536
|
|
890,000
|
BNP Paribas SA, (fixed rate to 6/09/2025,
variable rate thereafter),
2.219%, 6/09/2026(b)
|
860,342
|
|
1,410,000
|
Electricite de France SA,
4.875%, 9/21/2038(b)
|
1,262,882
|
|
1,400,000
|
Engie SA, 1.250%, 10/24/2041, (EUR)
|
960,042
|
|
1,015,000
|
Societe Generale SA, 4.750%, 11/24/2025(b)
|
994,771
|
|
1,485,000
|
Societe Generale SA, (fixed rate to
1/19/2034, variable rate thereafter),
6.066%, 1/19/2035(b)
|
1,470,138
|
|
|
|
6,925,165
|
|
|
Germany — 0.3%
|
|
|
1,635,000
|
Deutsche Bank AG, (fixed rate to 1/07/2027,
variable rate thereafter), 2.552%, 1/07/2028
|
1,511,956
|
|
870,000
|
Deutsche Bank AG, (fixed rate to 10/07/2031,
variable rate thereafter), 3.742%, 1/07/2033
|
715,599
|
|
2,255,000
|
Deutsche Bank AG, (fixed rate to 10/14/2030,
variable rate thereafter), 3.729%, 1/14/2032
|
1,901,248
|
|
3,220,000
|
Fraport AG Frankfurt Airport Services
Worldwide, 1.875%, 3/31/2028, (EUR)
|
3,234,049
|
|
1,450,000
|
Siemens Financieringsmaatschappij NV,
2.350%, 10/15/2026(b)
|
1,365,495
|
|
340,000
|
ZF North America Capital, Inc.,
6.750%, 4/23/2030(b)
|
346,270
|
|
250,000
|
ZF North America Capital, Inc.,
6.875%, 4/14/2028(b)
|
254,968
|
|
Principal
Amount (‡)
|
Description
|
Value (†)
|
|
|
||
|
|
Germany — continued
|
|
|
$690,000
|
ZF North America Capital, Inc.,
6.875%, 4/23/2032(b)
|
$713,360
|
|
265,000
|
ZF North America Capital, Inc.,
7.125%, 4/14/2030(b)
|
274,172
|
|
|
|
10,317,117
|
|
|
Guatemala — 0.0%
|
|
|
1,050,000
|
CT Trust, 5.125%, 2/03/2032(b)
|
924,000
|
|
|
India — 0.3%
|
|
|
2,940,000
|
Bharti Airtel Ltd., 3.250%, 6/03/2031
|
2,583,112
|
|
2,790,000
|
Export-Import Bank of India,
2.250%, 1/13/2031(b)
|
2,314,012
|
|
1,250,000
|
Power Finance Corp. Ltd.,
3.950%, 4/23/2030(b)
|
1,147,600
|
|
2,400,000
|
Shriram Finance Ltd., 4.150%, 7/18/2025(b)
|
2,338,608
|
|
|
|
8,383,332
|
|
|
Indonesia — 0.2%
|
|
|
50,092,000,000
|
Indonesia Treasury Bonds, Series FR75,
7.500%, 5/15/2038, (IDR)
|
3,149,373
|
|
43,840,000,000
|
Indonesia Treasury Bonds, Series FR82,
7.000%, 9/15/2030, (IDR)
|
2,674,387
|
|
|
|
5,823,760
|
|
|
Ireland — 0.3%
|
|
|
3,245,000
|
AerCap Ireland Capital DAC/AerCap Global
Aviation Trust, 3.300%, 1/30/2032
|
2,788,157
|
|
2,325,000
|
AIB Group PLC, (fixed rate to 9/13/2028,
variable rate thereafter),
6.608%, 9/13/2029(b)
|
2,399,916
|
|
3,710,000
|
Ireland Government Bonds, Zero Coupon,
0.029%, 10/18/2031, (EUR)(d)
|
3,242,661
|
|
|
|
8,430,734
|
|
|
Israel — 1.1%
|
|
|
1,405,000
|
Israel Electric Corp. Ltd., GMTN,
3.750%, 2/22/2032
|
1,154,383
|
|
2,750,000
|
Teva Pharmaceutical Finance Co. LLC,
6.150%, 2/01/2036
|
2,698,989
|
|
4,570,000
|
Teva Pharmaceutical Finance Netherlands
III BV, 3.150%, 10/01/2026
|
4,289,116
|
|
17,791,000
|
Teva Pharmaceutical Finance Netherlands
III BV, 4.100%, 10/01/2046
|
12,426,204
|
|
2,700,000
|
Teva Pharmaceutical Finance Netherlands
III BV, 4.750%, 5/09/2027
|
2,601,876
|
|
510,000
|
Teva Pharmaceutical Finance Netherlands
III BV, 5.125%, 5/09/2029
|
490,604
|
|
4,415,000
|
Teva Pharmaceutical Finance Netherlands
III BV, 7.875%, 9/15/2029
|
4,742,002
|
|
3,170,000
|
Teva Pharmaceutical Finance Netherlands
III BV, 8.125%, 9/15/2031
|
3,524,591
|
|
|
|
31,927,765
|
|
|
Italy — 0.6%
|
|
|
200,000
|
Intesa Sanpaolo SpA, 5.710%, 1/15/2026(b)
|
198,099
|
|
2,225,000
|
Intesa Sanpaolo SpA, 6.625%, 6/20/2033(b)
|
2,293,617
|
|
3,305,000
|
Italy Buoni Poliennali Del Tesoro, Series 10Y,
2.000%, 2/01/2028, (EUR)
|
3,373,850
|
|
6,965,000
|
Italy Buoni Poliennali Del Tesoro, Series 11Y,
1.350%, 4/01/2030, (EUR)
|
6,593,966
|
|
2,370,000
|
Italy Buoni Poliennali Del Tesoro, Series 7Y,
2.500%, 11/15/2025, (EUR)
|
2,507,187
|
|
Principal
Amount (‡)
|
Description
|
Value (†)
|
|
|
||
|
|
Italy — continued
|
|
|
$830,000
|
UniCredit SpA, (fixed rate to 4/02/2029,
variable rate thereafter),
7.296%, 4/02/2034(b)
|
$846,915
|
|
1,460,000
|
UniCredit SpA, (fixed rate to 6/19/2027,
variable rate thereafter),
5.861%, 6/19/2032(b)
|
1,426,829
|
|
200,000
|
UniCredit SpA, (fixed rate to 6/30/2030,
variable rate thereafter),
5.459%, 6/30/2035(b)
|
187,355
|
|
545,000
|
UniCredit SpA, EMTN, (fixed rate to
7/22/2026, variable rate thereafter),
2.200%, 7/22/2027, (EUR)
|
564,493
|
|
|
|
17,992,311
|
|
|
Japan — 0.7%
|
|
|
1,064,338,800
(e)
|
Japan Government CPI-Linked Bonds,
Series 23, 0.100%, 3/10/2028, (JPY)
|
6,924,244
|
|
693,300,000
|
Japan Government Ten Year Bonds,
Series 371, 0.400%, 6/20/2033, (JPY)
|
4,104,169
|
|
2,375,000
|
Mitsubishi UFJ Financial Group, Inc., (fixed
rate to 1/19/2027, variable rate thereafter),
2.341%, 1/19/2028
|
2,206,798
|
|
2,020,000
|
Mizuho Financial Group, Inc.,
2.564%, 9/13/2031
|
1,643,605
|
|
2,000,000
|
Nomura Holdings, Inc., 1.851%, 7/16/2025
|
1,921,447
|
|
2,385,000
|
Nomura Holdings, Inc., 2.710%, 1/22/2029
|
2,122,578
|
|
1,200,000
|
Sumitomo Mitsui Financial Group, Inc.,
5.766%, 1/13/2033
|
1,232,220
|
|
|
|
20,155,061
|
|
|
Korea — 0.8%
|
|
|
1,060,000
|
Kia Corp., 2.750%, 2/14/2027(b)
|
991,757
|
|
1,515,000
|
Korea East-West Power Co. Ltd.,
1.750%, 5/06/2025(b)
|
1,468,501
|
|
2,400,000
|
Korea National Oil Corp.,
2.125%, 4/18/2027(b)
|
2,209,968
|
|
4,500,000,000
|
Korea Treasury Bonds, Series 2509,
1.125%, 9/10/2025, (KRW)
|
3,189,158
|
|
4,450,000,000
|
Korea Treasury Bonds, Series 2809,
3.500%, 9/10/2028, (KRW)
|
3,266,750
|
|
13,130,550,000
|
Korea Treasury Bonds, Series 3012,
1.500%, 12/10/2030, (KRW)
|
8,530,586
|
|
770,000
|
Shinhan Bank Co. Ltd., 3.875%, 3/24/2026(b)
|
747,216
|
|
2,765,000
|
SK Hynix, Inc., 2.375%, 1/19/2031(b)
|
2,277,170
|
|
200,000
|
SK Hynix, Inc., 6.375%, 1/17/2028(b)
|
205,777
|
|
140,000
|
SK Telecom Co. Ltd., 6.625%, 7/20/2027(b)
|
145,256
|
|
|
|
23,032,139
|
|
|
Luxembourg — 0.2%
|
|
|
920,000
|
ArcelorMittal SA, 6.750%, 3/01/2041
|
938,399
|
|
1,905,000
|
Blackstone Property Partners Europe
Holdings SARL, EMTN, 1.625%, 4/20/2030,
(EUR)
|
1,739,263
|
|
280,000
|
Logicor Financing SARL, EMTN,
0.875%, 1/14/2031, (EUR)
|
236,751
|
|
1,490,000
|
Logicor Financing SARL, EMTN,
1.625%, 1/17/2030, (EUR)
|
1,370,848
|
|
955,000
|
Logicor Financing SARL, EMTN,
2.000%, 1/17/2034, (EUR)
|
807,907
|
|
|
|
5,093,168
|
|
|
Mexico — 1.5%
|
|
|
620,000
|
Alfa SAB de CV, 6.875%, 3/25/2044
|
635,892
|
|
770,000
|
America Movil SAB de CV,
2.125%, 3/10/2028, (EUR)
|
784,678
|
|
Principal
Amount (‡)
|
Description
|
Value (†)
|
|
|
||
|
|
Mexico — continued
|
|
|
$860,000
|
America Movil SAB de CV, 2.875%, 5/07/2030
|
$757,828
|
|
730,000
|
Banco Santander Mexico SA Institucion de
Banca Multiple Grupo Financiero Santand,
5.375%, 4/17/2025(b)
|
726,839
|
|
1,950,000
|
Cemex SAB de CV, 3.875%, 7/11/2031(b)
|
1,719,238
|
|
1,990,000
|
Cemex SAB de CV, 5.200%, 9/17/2030(b)
|
1,922,014
|
|
855,000
|
Cemex SAB de CV, 5.450%, 11/19/2029
|
840,080
|
|
810,000
|
Cemex SAB de CV, (fixed rate to 6/08/2026,
variable rate thereafter), 5.125%(b)(f)
|
778,406
|
|
1,775,000
|
Coca-Cola Femsa SAB de CV,
2.750%, 1/22/2030
|
1,576,485
|
|
10,000,000
|
Grupo Televisa SAB, EMTN,
7.250%, 5/14/2043, (MXN)
|
329,112
|
|
1,515,000
|
Kimberly-Clark de Mexico SAB de CV,
2.431%, 7/01/2031
|
1,284,776
|
|
840,000
|
Kimberly-Clark de Mexico SAB de CV,
2.431%, 7/01/2031(b)
|
712,351
|
|
1,707,184
(g)
|
Mexico Bonos, Series M, 5.750%, 3/05/2026,
(MXN)
|
8,623,915
|
|
724,558
(g)
|
Mexico Bonos, Series M 20,
7.500%, 6/03/2027, (MXN)
|
3,682,711
|
|
1,064,466
(g)
|
Mexico Bonos, Series M 20,
8.500%, 5/31/2029, (MXN)
|
5,485,535
|
|
637,836
(g)
|
Mexico Bonos, Series M 30,
8.500%, 11/18/2038, (MXN)
|
3,088,842
|
|
2,665,000
|
Mexico Government International Bonds,
3.250%, 4/16/2030
|
2,343,628
|
|
1,880,000
|
Mexico Government International Bonds,
3.500%, 2/12/2034
|
1,527,373
|
|
196,000
|
Mexico Government International Bonds,
4.000%, 3/15/2115, (EUR)
|
154,348
|
|
810,000
|
Mexico Government International Bonds,
4.875%, 5/19/2033
|
746,234
|
|
750,000
|
Mexico Government International Bonds,
6.000%, 5/07/2036
|
730,187
|
|
350,000
|
Mexico Government International Bonds,
6.338%, 5/04/2053
|
329,998
|
|
1,850,000
|
Orbia Advance Corp. SAB de CV,
1.875%, 5/11/2026(b)
|
1,722,739
|
|
1,240,000
|
Orbia Advance Corp. SAB de CV,
4.000%, 10/04/2027
|
1,173,719
|
|
2,090,000
|
Sigma Finance Netherlands BV,
4.875%, 3/27/2028
|
2,048,055
|
|
|
|
43,724,983
|
|
|
Morocco — 0.1%
|
|
|
3,310,000
|
OCP SA, 6.750%, 5/02/2034(b)
|
3,392,551
|
|
|
Netherlands — 0.1%
|
|
|
870,000
|
Cooperatieve Rabobank UA,
4.375%, 8/04/2025
|
856,532
|
|
1,725,000
|
ING Groep NV, (fixed rate to 7/01/2025,
variable rate thereafter),
1.400%, 7/01/2026(b)
|
1,652,179
|
|
1,800,000
|
Netherlands Government Bonds, Zero
Coupon, 2.523%, 1/15/2029, (EUR)(d)
|
1,707,420
|
|
|
|
4,216,131
|
|
|
New Zealand — 0.5%
|
|
|
4,200,000
|
Fonterra Co.-operative Group Ltd., MTN,
3.750%, 6/16/2026, (AUD)
|
2,735,020
|
|
700,000
|
Fonterra Co.-operative Group Ltd., MTN,
4.000%, 11/02/2027, (AUD)
|
450,580
|
|
Principal
Amount (‡)
|
Description
|
Value (†)
|
|
|
||
|
|
New Zealand — continued
|
|
|
15,075,000
|
New Zealand Government Bonds,
Series 429, 3.000%, 4/20/2029, (NZD)
|
$8,580,196
|
|
6,310,000
|
New Zealand Government Bonds,
Series 531, 1.500%, 5/15/2031, (NZD)
|
3,153,680
|
|
|
|
14,919,476
|
|
|
Norway — 0.6%
|
|
|
3,660,000
|
DNB Bank ASA, (fixed rate to 5/25/2026,
variable rate thereafter),
1.535%, 5/25/2027(b)
|
3,392,997
|
|
2,790,000
|
Equinor ASA, 3.625%, 4/06/2040
|
2,259,164
|
|
16,500,000
|
Norway Government Bonds, Series 478,
1.500%, 2/19/2026, (NOK)
|
1,484,953
|
|
41,750,000
|
Norway Government Bonds, Series 479,
1.750%, 2/17/2027, (NOK)
|
3,718,311
|
|
36,610,000
|
Norway Government Bonds, Series 480,
2.000%, 4/26/2028, (NOK)
|
3,231,576
|
|
46,500,000
|
Norway Government Bonds, Series 482,
1.375%, 8/19/2030, (NOK)
|
3,818,209
|
|
455,000
|
Var Energi ASA, 8.000%, 11/15/2032(b)
|
509,352
|
|
|
|
18,414,562
|
|
|
Paraguay — 0.1%
|
|
|
1,420,000
|
Paraguay Government International Bonds,
4.950%, 4/28/2031(b)
|
1,357,542
|
|
615,000
|
Paraguay Government International Bonds,
5.000%, 4/15/2026(b)
|
605,603
|
|
|
|
1,963,145
|
|
|
Peru — 0.1%
|
|
|
3,220,000
|
Corp. Financiera de Desarrollo SA,
2.400%, 9/28/2027(b)
|
2,887,374
|
|
840,000
|
Transportadora de Gas del Peru SA,
4.250%, 4/30/2028(b)
|
810,428
|
|
|
|
3,697,802
|
|
|
Poland — 0.3%
|
|
|
26,400,000
|
Republic of Poland Government Bonds,
Series 1030, 1.250%, 10/25/2030, (PLN)
|
5,095,387
|
|
12,970,000
|
Republic of Poland Government Bonds,
Series 725, 3.250%, 7/25/2025, (PLN)
|
3,165,684
|
|
|
|
8,261,071
|
|
|
Portugal — 0.1%
|
|
|
3,590,000
|
EDP Finance BV, 1.710%, 1/24/2028(b)
|
3,174,422
|
|
|
Qatar — 0.1%
|
|
|
1,770,000
|
Ooredoo International Finance Ltd.,
2.625%, 4/08/2031(b)
|
1,523,749
|
|
1,600,000
|
QatarEnergy, 2.250%, 7/12/2031(b)
|
1,336,168
|
|
|
|
2,859,917
|
|
|
Romania — 0.0%
|
|
|
1,100,000
|
Romania Government International Bonds,
2.000%, 4/14/2033, (EUR)(b)
|
883,534
|
|
|
Singapore — 0.2%
|
|
|
10,055,000
|
Singapore Government Bonds,
2.125%, 6/01/2026, (SGD)
|
7,236,486
|
|
|
South Africa — 0.5%
|
|
|
1,400,000
|
Anglo American Capital PLC,
2.625%, 9/10/2030(b)
|
1,194,484
|
|
1,400,000
|
Anglo American Capital PLC,
5.625%, 4/01/2030(b)
|
1,409,056
|
|
116,835,000
|
Republic of South Africa Government
Bonds, Series 2035, 8.875%, 2/28/2035, (ZAR)
|
5,408,365
|
|
Principal
Amount (‡)
|
Description
|
Value (†)
|
|
|
||
|
|
South Africa — continued
|
|
|
39,185,000
|
Republic of South Africa Government
Bonds, Series R213, 7.000%, 2/28/2031, (ZAR)
|
$1,804,852
|
|
7,585,000
|
Republic of South Africa Government
International Bonds, 5.750%, 9/30/2049
|
5,717,308
|
|
|
|
15,534,065
|
|
|
Spain — 0.4%
|
|
|
800,000
|
Banco Santander SA, 6.938%, 11/07/2033
|
873,806
|
|
2,000,000
|
Banco Santander SA, (fixed rate to
9/14/2026, variable rate thereafter),
1.722%, 9/14/2027
|
1,834,044
|
|
1,260,000
|
CaixaBank SA, (fixed rate to 1/18/2028,
variable rate thereafter),
6.208%, 1/18/2029(b)
|
1,279,837
|
|
1,000,000
|
CaixaBank SA, EMTN, (fixed rate to
11/23/2027, variable rate thereafter),
6.250%, 2/23/2033, (EUR)
|
1,126,593
|
|
3,700,000
|
Cellnex Telecom SA, EMTN,
1.750%, 10/23/2030, (EUR)
|
3,474,479
|
|
700,000
|
Naturgy Finance Iberia SA, EMTN,
1.500%, 1/29/2028, (EUR)
|
700,272
|
|
2,525,000
|
Spain Government Bonds,
1.950%, 7/30/2030, (EUR)
|
2,538,818
|
|
|
|
11,827,849
|
|
|
Supranationals — 0.3%
|
|
|
10,030,000
|
International Bank for Reconstruction &
Development, 1.200%, 7/22/2026, (CAD)
|
6,916,561
|
|
16,750,000
|
Nordic Investment Bank, EMTN,
1.500%, 3/13/2025, (NOK)
|
1,533,997
|
|
|
|
8,450,558
|
|
|
Sweden — 0.1%
|
|
|
1,200,000
|
Swedbank AB, 6.136%, 9/12/2026(b)
|
1,214,837
|
|
2,560,000
|
Sweden Government Bonds, Series 1058,
2.500%, 5/12/2025, (SEK)
|
240,194
|
|
38,000,000
|
Sweden Government Bonds, Series 1062,
0.125%, 5/12/2031, (SEK)
|
3,126,370
|
|
|
|
4,581,401
|
|
|
Switzerland — 0.2%
|
|
|
1,375,000
|
Novartis Capital Corp., 2.000%, 2/14/2027
|
1,280,505
|
|
325,000
|
UBS Group AG, (fixed rate to 11/15/2032,
variable rate thereafter),
9.016%, 11/15/2033(b)
|
391,709
|
|
2,960,000
|
UBS Group AG, (fixed rate to 5/14/2031,
variable rate thereafter),
3.091%, 5/14/2032(b)
|
2,524,896
|
|
750,000
|
UBS Group AG, (fixed rate to 8/12/2032,
variable rate thereafter),
6.537%, 8/12/2033(b)
|
787,372
|
|
340,000
|
Willow No. 2 Ireland PLC for Zurich
Insurance Co. Ltd., EMTN, (fixed rate to
10/01/2025, variable rate thereafter),
4.250%, 10/01/2045
|
329,032
|
|
|
|
5,313,514
|
|
|
Taiwan — 0.0%
|
|
|
1,925,000
|
TSMC Arizona Corp., 2.500%, 10/25/2031
|
1,629,556
|
|
|
Trinidad And Tobago — 0.0%
|
|
|
415,000
|
Trinidad Generation UnLtd,
5.250%, 11/04/2027(b)
|
404,348
|
|
|
Turkey — 0.2%
|
|
|
1,120,000
|
TC Ziraat Bankasi AS, 5.375%, 3/02/2026(b)
|
1,089,760
|
|
Principal
Amount (‡)
|
Description
|
Value (†)
|
|
|
||
|
|
Turkey — continued
|
|
|
$1,415,000
|
Turkcell Iletisim Hizmetleri AS,
5.800%, 4/11/2028
|
$1,356,979
|
|
3,480,000
|
Turkiye Government International Bonds,
5.250%, 3/13/2030
|
3,177,101
|
|
680,000
|
Turkiye Government International Bonds,
7.625%, 4/26/2029
|
693,635
|
|
|
|
6,317,475
|
|
|
United Arab Emirates — 0.0%
|
|
|
1,295,000
|
Abu Dhabi Government International Bonds,
3.125%, 4/16/2030(b)
|
1,184,920
|
|
|
United Kingdom — 0.7%
|
|
|
200,000
|
BAE Systems PLC, 5.250%, 3/26/2031(b)
|
199,434
|
|
1,695,000
|
BAE Systems PLC, 5.300%, 3/26/2034(b)
|
1,677,203
|
|
6,370,000
|
Barclays PLC, (fixed rate to 5/09/2033,
variable rate thereafter), 6.224%, 5/09/2034
|
6,526,895
|
|
1,350,000
|
CK Hutchison International 19 Ltd.,
3.625%, 4/11/2029(b)
|
1,264,788
|
|
1,420,000
|
Diageo Capital PLC, 2.125%, 4/29/2032
|
1,151,471
|
|
65,000
|
Macquarie Airfinance Holdings Ltd.,
6.400%, 3/26/2029(b)
|
66,100
|
|
135,000
|
Macquarie Airfinance Holdings Ltd.,
6.500%, 3/26/2031(b)
|
138,822
|
|
1,395,000
|
Nationwide Building Society, (fixed rate to
7/18/2029, variable rate thereafter),
3.960%, 7/18/2030(b)
|
1,290,408
|
|
955,000
|
Santander U.K. Group Holdings PLC, (fixed
rate to 1/11/2027, variable rate thereafter),
2.469%, 1/11/2028
|
881,052
|
|
1,455,000
|
Standard Chartered PLC, (fixed rate to
11/18/2030, variable rate thereafter),
3.265%, 2/18/2036(b)
|
1,224,874
|
|
2,200,000
|
Standard Chartered PLC, (fixed rate to
3/30/2025, variable rate thereafter),
3.971%, 3/30/2026(b)
|
2,168,637
|
|
250,000
|
Standard Chartered PLC, EMTN,
3.125%, 11/19/2024, (EUR)
|
266,606
|
|
235,000
|
U.K. Gilts, 0.250%, 1/31/2025, (GBP)
|
290,078
|
|
2,065,000
|
U.K. Gilts, 3.250%, 1/31/2033, (GBP)
|
2,446,314
|
|
|
|
19,592,682
|
|
|
United States — 11.8%
|
|
|
165,000
|
AES Corp., 3.950%, 7/15/2030(b)
|
150,865
|
|
315,000
|
Aircastle Ltd., Series A, (fixed rate to
6/15/2026, variable rate thereafter),
5.250%(b)(f)
|
303,704
|
|
1,915,000
|
Albemarle Corp., 5.050%, 6/01/2032
|
1,838,499
|
|
744,638
|
American Airlines Pass-Through Trust,
Series 2016-3, Class B, 3.750%, 4/15/2027
|
716,267
|
|
210,761
|
American Airlines Pass-Through Trust,
Series 2017-1, Class B, 4.950%, 8/15/2026
|
208,528
|
|
247,819
|
American Airlines Pass-Through Trust,
Series 2017-2, Class B, 3.700%, 4/15/2027
|
241,174
|
|
3,975,000
|
Apple, Inc., Series MPLE, 2.513%, 8/19/2024,
(CAD)
|
2,896,385
|
|
260,000
|
Aptiv PLC, 1.600%, 9/15/2028, (EUR)
|
257,124
|
|
2,330,000
|
Ares Capital Corp., 3.200%, 11/15/2031
|
1,921,510
|
|
290,000
|
Asbury Automotive Group, Inc.,
4.625%, 11/15/2029(b)
|
268,038
|
|
425,000
|
Ashland, Inc., 3.375%, 9/01/2031(b)
|
357,628
|
|
800,000
|
Bank of America Corp., (fixed rate to
3/08/2032, variable rate thereafter),
3.846%, 3/08/2037
|
701,094
|
|
Principal
Amount (‡)
|
Description
|
Value (†)
|
|
|
||
|
|
United States — continued
|
|
|
$1,370,000
|
Bank of America Corp., (fixed rate to
9/21/2031, variable rate thereafter),
2.482%, 9/21/2036
|
$1,091,983
|
|
2,865,000
|
Bank of America Corp., Series MPLE, (fixed
rate to 9/15/2026, variable rate thereafter),
1.978%, 9/15/2027, (CAD)
|
1,976,170
|
|
10,000
|
Bausch & Lomb Corp., 8.375%, 10/01/2028(b)
|
10,238
|
|
11,400,000
|
Bausch Health Cos., Inc.,
4.875%, 6/01/2028(b)
|
8,531,304
|
|
500,000
|
Block, Inc., 3.500%, 6/01/2031
|
431,328
|
|
4,840,000
|
Blue Owl Capital Corp., 4.250%, 1/15/2026
|
4,694,532
|
|
1,220,000
|
Blue Owl Finance LLC, 6.250%, 4/18/2034(b)
|
1,223,221
|
|
1,550,000
|
Blue Owl Technology Finance Corp.,
2.500%, 1/15/2027
|
1,393,912
|
|
2,585,000
|
Blue Owl Technology Finance Corp.,
4.750%, 12/15/2025(b)
|
2,502,927
|
|
1,261,000
|
Boeing Co., 3.625%, 2/01/2031
|
1,103,659
|
|
1,000,000
|
Boeing Co., 5.150%, 5/01/2030
|
960,286
|
|
899,000
|
Boeing Co., 5.705%, 5/01/2040
|
828,846
|
|
4,830,000
|
Boeing Co., 5.805%, 5/01/2050
|
4,352,796
|
|
60,000
|
Boeing Co., 5.930%, 5/01/2060
|
53,643
|
|
1,855,000
|
Boeing Co., 6.528%, 5/01/2034(b)
|
1,899,334
|
|
8,415,000
|
Boeing Co., 6.858%, 5/01/2054(b)
|
8,635,236
|
|
1,105,000
|
Boeing Co., 7.008%, 5/01/2064(b)
|
1,131,376
|
|
1,400,000
|
Boost Newco Borrower LLC,
7.500%, 1/15/2031(b)
|
1,459,713
|
|
875,000
|
BPR Trust, Series 2021-NRD, Class F, 1 mo.
USD SOFR + 6.870%,
12.199%, 12/15/2038(b)(h)
|
831,191
|
|
3,120,000
|
Broadcom, Inc., 2.450%, 2/15/2031(b)
|
2,627,385
|
|
5,205,000
|
Broadcom, Inc., 2.600%, 2/15/2033(b)
|
4,218,162
|
|
690,000
|
Broadcom, Inc., 3.187%, 11/15/2036(b)
|
546,042
|
|
5,095,000
|
Broadcom, Inc., 3.419%, 4/15/2033(b)
|
4,392,647
|
|
4,670,000
|
Broadcom, Inc., 3.469%, 4/15/2034(b)
|
3,981,147
|
|
2,485,000
|
Broadcom, Inc., 4.150%, 4/15/2032(b)
|
2,292,739
|
|
695,000
|
Carnival Corp., 5.750%, 3/01/2027(b)
|
686,606
|
|
150,000
|
Carnival Corp., 7.000%, 8/15/2029(b)
|
155,488
|
|
10,570,000
|
CCO Holdings LLC/CCO Holdings Capital
Corp., 4.250%, 2/01/2031(b)
|
8,627,445
|
|
6,265,000
|
CCO Holdings LLC/CCO Holdings Capital
Corp., 4.250%, 1/15/2034(b)
|
4,755,496
|
|
1,575,000
|
CCO Holdings LLC/CCO Holdings Capital
Corp., 4.750%, 2/01/2032(b)
|
1,289,879
|
|
370,000
|
Celanese U.S. Holdings LLC,
6.330%, 7/15/2029
|
380,542
|
|
270,000
|
Celanese U.S. Holdings LLC,
6.379%, 7/15/2032
|
277,447
|
|
195,000
|
Celanese U.S. Holdings LLC,
6.700%, 11/15/2033
|
204,916
|
|
2,385,000
|
Centene Corp., 2.500%, 3/01/2031
|
1,957,324
|
|
1,480,000
|
Centene Corp., 3.000%, 10/15/2030
|
1,265,502
|
|
1,075,000
|
Charter Communications
Operating LLC/Charter Communications
Operating Capital, 3.950%, 6/30/2062
|
636,876
|
|
895,000
|
Charter Communications
Operating LLC/Charter Communications
Operating Capital, 4.400%, 4/01/2033
|
788,981
|
|
4,945,000
|
Charter Communications
Operating LLC/Charter Communications
Operating Capital, 4.400%, 12/01/2061
|
3,225,497
|
|
265,000
|
Civitas Resources, Inc.,
8.625%, 11/01/2030(b)
|
284,138
|
|
Principal
Amount (‡)
|
Description
|
Value (†)
|
|
|
||
|
|
United States — continued
|
|
|
$2,570,000
|
CommScope Technologies LLC,
5.000%, 3/15/2027(b)
|
$1,061,127
|
|
1,440,000
|
CommScope, Inc., 4.750%, 9/01/2029(b)
|
998,208
|
|
2,663,000
|
Continental Resources, Inc.,
2.875%, 4/01/2032(b)
|
2,150,444
|
|
4,662,000
|
Continental Resources, Inc.,
5.750%, 1/15/2031(b)
|
4,584,026
|
|
13,550,000
|
CSC Holdings LLC, 3.375%, 2/15/2031(b)
|
8,456,417
|
|
2,400,000
|
CSC Holdings LLC, 4.125%, 12/01/2030(b)
|
1,551,228
|
|
2,395,000
|
CSC Holdings LLC, 4.500%, 11/15/2031(b)
|
1,545,304
|
|
20,310,000
|
CSC Holdings LLC, 4.625%, 12/01/2030(b)
|
7,396,945
|
|
1,850,000
|
CSC Holdings LLC, 5.000%, 11/15/2031(b)
|
670,643
|
|
595,000
|
CSC Holdings LLC, 5.375%, 2/01/2028(b)
|
452,063
|
|
495,000
|
CSC Holdings LLC, 5.750%, 1/15/2030(b)
|
186,837
|
|
1,115,000
|
CSC Holdings LLC, 6.500%, 2/01/2029(b)
|
813,819
|
|
940,000
|
DH Europe Finance II SARL,
0.750%, 9/18/2031, (EUR)
|
834,230
|
|
50,000
|
Dillard's, Inc., 7.000%, 12/01/2028
|
51,665
|
|
8,000
|
Dillard's, Inc., 7.750%, 7/15/2026
|
8,274
|
|
355,000
|
Directv Financing LLC/Directv Financing
Co-Obligor, Inc., 5.875%, 8/15/2027(b)
|
333,908
|
|
3,550,000
|
DISH DBS Corp., 5.125%, 6/01/2029
|
1,405,837
|
|
4,115,000
|
DISH DBS Corp., 5.250%, 12/01/2026(b)
|
3,245,880
|
|
795,000
|
DISH DBS Corp., 5.750%, 12/01/2028(b)
|
551,184
|
|
1,960,000
|
DISH DBS Corp., 7.750%, 7/01/2026
|
1,216,701
|
|
80,000
|
EnLink Midstream LLC, 6.500%, 9/01/2030(b)
|
81,816
|
|
575,000
|
EnLink Midstream Partners LP,
5.450%, 6/01/2047
|
498,844
|
|
280,000
|
EPR Properties, 3.600%, 11/15/2031
|
233,430
|
|
1,230,000
|
EQT Corp., 3.625%, 5/15/2031(b)
|
1,085,096
|
|
115,000
|
Everi Holdings, Inc., 5.000%, 7/15/2029(b)
|
113,133
|
|
2,570,000
|
Expedia Group, Inc., 2.950%, 3/15/2031
|
2,221,870
|
|
2,710,000
|
Freeport-McMoRan, Inc., 4.375%, 8/01/2028
|
2,617,559
|
|
4,795,000
|
Freeport-McMoRan, Inc., 5.400%, 11/14/2034
|
4,716,230
|
|
390,000
|
Gartner, Inc., 3.625%, 6/15/2029(b)
|
357,151
|
|
85,000
|
Gartner, Inc., 3.750%, 10/01/2030(b)
|
76,231
|
|
570,000
|
General Motors Financial Co., Inc.,
3.100%, 1/12/2032
|
479,064
|
|
760,000
|
General Motors Financial Co., Inc.,
6.400%, 1/09/2033
|
788,768
|
|
460,000
|
GLP Capital LP/GLP Financing II, Inc.,
3.250%, 1/15/2032
|
386,557
|
|
960,000
|
Hess Midstream Operations LP,
4.250%, 2/15/2030(b)
|
881,193
|
|
475,000
|
Hilton Grand Vacations Borrower
Escrow LLC/Hilton Grand Vacations
Borrower Escrow, Inc., 4.875%, 7/01/2031(b)
|
420,499
|
|
470,000
|
Hilton Grand Vacations Borrower
Escrow LLC/Hilton Grand Vacations
Borrower Escrow, Inc., 5.000%, 6/01/2029(b)
|
438,251
|
|
1,235,000
|
Hologic, Inc., 3.250%, 2/15/2029(b)
|
1,107,930
|
|
320,000
|
Hyundai Capital America,
5.400%, 6/24/2031(b)
|
317,320
|
|
1,395,000
|
Hyundai Capital America,
6.375%, 4/08/2030(b)
|
1,456,309
|
|
7,770,000
|
Icahn Enterprises LP/Icahn Enterprises
Finance Corp., 4.375%, 2/01/2029
|
6,643,672
|
|
3,555,000
|
Icahn Enterprises LP/Icahn Enterprises
Finance Corp., 5.250%, 5/15/2027
|
3,336,805
|
|
1,840,000
|
iHeartCommunications, Inc.,
5.250%, 8/15/2027(b)
|
976,950
|
|
1,055,000
|
Ingersoll Rand, Inc., 5.700%, 8/14/2033
|
1,078,534
|
|
Principal
Amount (‡)
|
Description
|
Value (†)
|
|
|
||
|
|
United States — continued
|
|
|
$1,310,000
|
Iron Mountain, Inc., 4.875%, 9/15/2029(b)
|
$1,234,463
|
|
795,000
|
JBS USA Holding Lux SARL/JBS USA Food
Co./JBS Lux Co. SARL, 3.750%, 12/01/2031
|
696,055
|
|
1,620,000
|
Jefferies Financial Group, Inc.,
6.200%, 4/14/2034
|
1,640,767
|
|
730,000
|
JELD-WEN, Inc., 4.875%, 12/15/2027(b)
|
689,442
|
|
225,000
|
Lamb Weston Holdings, Inc.,
4.875%, 5/15/2028, 144A(b)
|
217,904
|
|
1,440,000
|
Light & Wonder International, Inc.,
7.000%, 5/15/2028(b)
|
1,447,441
|
|
525,000
|
Light & Wonder International, Inc.,
7.250%, 11/15/2029(b)
|
536,185
|
|
210,000
|
Light & Wonder International, Inc.,
7.500%, 9/01/2031(b)
|
216,976
|
|
1,300,000
|
Lithia Motors, Inc., 3.875%, 6/01/2029(b)
|
1,168,986
|
|
120,000
|
Lithia Motors, Inc., 4.375%, 1/15/2031(b)
|
106,829
|
|
995,000
|
Marriott Ownership Resorts, Inc.,
4.500%, 6/15/2029(b)
|
914,261
|
|
155,000
|
Matador Resources Co.,
6.875%, 4/15/2028(b)
|
157,331
|
|
580,000
|
Medline Borrower LP/Medline Co-Issuer,
Inc., 6.250%, 4/01/2029(b)
|
586,564
|
|
615,000
|
Medtronic Global Holdings SCA,
1.125%, 3/07/2027, (EUR)
|
620,598
|
|
6,240,000
|
Micron Technology, Inc., 5.875%, 2/09/2033
|
6,374,506
|
|
655,000
|
Molina Healthcare, Inc.,
3.875%, 5/15/2032(b)
|
567,555
|
|
435,000
|
Molina Healthcare, Inc.,
4.375%, 6/15/2028(b)
|
409,438
|
|
1,415,000
|
Morgan Stanley, (fixed rate to 9/16/2031,
variable rate thereafter), 2.484%, 9/16/2036
|
1,119,436
|
|
345,000
|
MSCI, Inc., 3.250%, 8/15/2033(b)
|
285,016
|
|
420,000
|
Nationstar Mortgage Holdings, Inc.,
5.000%, 2/01/2026(b)
|
411,081
|
|
520,000
|
Nationstar Mortgage Holdings, Inc.,
5.125%, 12/15/2030(b)
|
476,835
|
|
1,095,000
|
Nationstar Mortgage Holdings, Inc.,
5.500%, 8/15/2028(b)
|
1,052,210
|
|
4,600,000
|
NCL Corp. Ltd., 5.875%, 3/15/2026(b)
|
4,547,666
|
|
615,000
|
NCL Corp. Ltd., 5.875%, 2/15/2027(b)
|
607,085
|
|
715,000
|
NCL Corp. Ltd., 8.125%, 1/15/2029(b)
|
749,143
|
|
1,960,000
|
NCL Finance Ltd., 6.125%, 3/15/2028(b)
|
1,935,567
|
|
2,020,000
|
Netflix, Inc., 4.875%, 6/15/2030(b)
|
1,988,237
|
|
20,000
|
NGPL PipeCo LLC, 7.768%, 12/15/2037(b)
|
23,080
|
|
70,000
|
OneMain Finance Corp., 3.500%, 1/15/2027
|
65,586
|
|
85,000
|
OneMain Finance Corp., 3.875%, 9/15/2028
|
76,213
|
|
215,000
|
OneMain Finance Corp., 4.000%, 9/15/2030
|
184,522
|
|
290,000
|
OneMain Finance Corp., 5.375%, 11/15/2029
|
271,978
|
|
1,705,000
|
OneMain Finance Corp., 7.125%, 3/15/2026
|
1,732,541
|
|
400,000
|
Ovintiv, Inc., 6.250%, 7/15/2033
|
412,312
|
|
1,000,000
|
Ovintiv, Inc., 6.500%, 8/15/2034
|
1,045,928
|
|
45,000
|
Ovintiv, Inc., 6.500%, 2/01/2038
|
46,271
|
|
230,000
|
Ovintiv, Inc., 6.625%, 8/15/2037
|
239,437
|
|
30,000
|
Ovintiv, Inc., 7.200%, 11/01/2031
|
32,336
|
|
115,000
|
Ovintiv, Inc., 7.375%, 11/01/2031
|
125,284
|
|
130,000
|
Ovintiv, Inc., 8.125%, 9/15/2030
|
146,851
|
|
1,265,000
|
Pilgrim's Pride Corp., 3.500%, 3/01/2032
|
1,075,807
|
|
315,000
|
Pilgrim's Pride Corp., 4.250%, 4/15/2031
|
286,692
|
|
480,000
|
Plains All American Pipeline LP/PAA
Finance Corp., 3.550%, 12/15/2029
|
438,292
|
|
690,000
|
Plains All American Pipeline LP/PAA
Finance Corp., 3.800%, 9/15/2030
|
630,282
|
|
Principal
Amount (‡)
|
Description
|
Value (†)
|
|
|
||
|
|
United States — continued
|
|
|
$745,000
|
Post Holdings, Inc., 4.500%, 9/15/2031(b)
|
$667,778
|
|
2,165,000
|
Prologis Euro Finance LLC,
0.250%, 9/10/2027, (EUR)
|
2,082,666
|
|
1,450,000
|
Prologis Euro Finance LLC,
1.875%, 1/05/2029, (EUR)
|
1,434,886
|
|
365,000
|
Prologis LP, 2.250%, 6/30/2029, (GBP)
|
406,813
|
|
1,310,000
|
Rand Parent LLC, 8.500%, 2/15/2030(b)
|
1,325,013
|
|
430,000
|
Realty Income Corp., 5.125%, 7/06/2034,
(EUR)
|
495,968
|
|
1,100,000
|
Realty Income Corp., EMTN,
1.625%, 12/15/2030, (GBP)
|
1,111,963
|
|
7,695,000
|
Rocket Mortgage LLC/Rocket Mortgage
Co-Issuer, Inc., 2.875%, 10/15/2026(b)
|
7,186,259
|
|
6,794,000
|
Rocket Mortgage LLC/Rocket Mortgage
Co-Issuer, Inc., 3.625%, 3/01/2029
|
6,163,011
|
|
2,540,000
|
Rocket Mortgage LLC/Rocket Mortgage
Co-Issuer, Inc., 3.625%, 3/01/2029(b)
|
2,304,099
|
|
7,011,000
|
Rocket Mortgage LLC/Rocket Mortgage
Co-Issuer, Inc., 3.875%, 3/01/2031(b)
|
6,109,967
|
|
4,510,000
|
Rocket Mortgage LLC/Rocket Mortgage
Co-Issuer, Inc., 4.000%, 10/15/2033(b)
|
3,800,527
|
|
2,945,000
|
Royal Caribbean Cruises Ltd.,
4.250%, 7/01/2026(b)
|
2,850,162
|
|
3,280,000
|
Royal Caribbean Cruises Ltd.,
5.500%, 4/01/2028(b)
|
3,238,159
|
|
400,000
|
Royal Caribbean Cruises Ltd.,
6.250%, 3/15/2032(b)
|
403,360
|
|
435,000
|
Sensata Technologies BV,
4.000%, 4/15/2029(b)
|
399,374
|
|
105,000
|
Sensata Technologies, Inc.,
3.750%, 2/15/2031(b)
|
91,518
|
|
910,000
|
Sensata Technologies, Inc.,
6.625%, 7/15/2032(b)
|
916,509
|
|
140,000
|
Silgan Holdings, Inc., 3.250%, 3/15/2025,
(EUR)
|
148,420
|
|
315,000
|
Southwestern Energy Co., 4.750%, 2/01/2032
|
289,776
|
|
255,000
|
Tapestry, Inc., Series ., 3.050%, 3/15/2032
|
205,633
|
|
875,000
|
Targa Resources Corp., 6.125%, 3/15/2033
|
898,613
|
|
265,000
|
Targa Resources Partners LP/Targa
Resources Partners Finance Corp.,
4.000%, 1/15/2032
|
238,023
|
|
165,000
|
Targa Resources Partners LP/Targa
Resources Partners Finance Corp.,
4.875%, 2/01/2031
|
157,452
|
|
665,000
|
TD SYNNEX Corp., 6.100%, 4/12/2034
|
666,850
|
|
245,000
|
Thermo Fisher Scientific Finance I BV,
2.000%, 10/18/2051, (EUR)
|
178,663
|
|
100,000
|
Thermo Fisher Scientific, Inc., EMTN,
1.500%, 10/01/2039, (EUR)
|
78,504
|
|
90,000
|
Time Warner Cable LLC, 4.500%, 9/15/2042
|
65,871
|
|
85,000
|
Time Warner Cable LLC, 5.500%, 9/01/2041
|
70,787
|
|
2,805,000
|
T-Mobile USA, Inc., 3.875%, 4/15/2030
|
2,622,189
|
|
400,000
|
TopBuild Corp., 4.125%, 2/15/2032(b)
|
352,246
|
|
405,000
|
TransDigm, Inc., 6.750%, 8/15/2028(b)
|
410,362
|
|
4,075,000
|
Travel & Leisure Co., 4.500%, 12/01/2029(b)
|
3,754,333
|
|
530,000
|
Travel & Leisure Co., 4.625%, 3/01/2030(b)
|
482,329
|
|
240,000
|
TriNet Group, Inc., 3.500%, 3/01/2029(b)
|
213,624
|
|
193,343
|
U.S. Airways Pass-Through Trust,
Series 2012-2, Class A, 4.625%, 12/03/2026
|
191,147
|
|
12,440,000
|
U.S. Treasury Bonds, 2.250%, 2/15/2052
|
7,924,669
|
|
5,210,000
|
U.S. Treasury Bonds, 3.625%, 5/15/2053
|
4,433,588
|
|
9,980,000
|
U.S. Treasury Bonds, 4.125%, 8/15/2053
|
9,293,485
|
|
Principal
Amount (‡)
|
Description
|
Value (†)
|
|
|
||
|
|
United States — continued
|
|
|
$5,120,059
|
U.S. Treasury Inflation-Indexed Notes,
1.375%, 7/15/2033(i)
|
$4,834,470
|
|
5,275,000
|
U.S. Treasury Notes, 4.000%, 2/15/2034
|
5,120,047
|
|
20,450,000
|
U.S. Treasury Notes, 4.500%, 3/31/2026(j)
|
20,342,957
|
|
10,905,000
|
U.S. Treasury Notes, 4.625%, 2/28/2026
|
10,865,810
|
|
13,115,000
|
Uber Technologies, Inc.,
4.500%, 8/15/2029(b)
|
12,495,837
|
|
8,655,000
|
Uber Technologies, Inc.,
6.250%, 1/15/2028(b)
|
8,665,170
|
|
1,555,000
|
Uber Technologies, Inc.,
7.500%, 9/15/2027(b)
|
1,585,508
|
|
140,000
|
Uber Technologies, Inc.,
8.000%, 11/01/2026(b)
|
141,214
|
|
645,000
|
UKG, Inc., 6.875%, 2/01/2031(b)
|
653,082
|
|
226,076
|
United Airlines Pass-Through Trust,
Series 16-2, Class B, 3.650%, 4/07/2027
|
217,472
|
|
1,090,000
|
United Rentals North America, Inc.,
6.125%, 3/15/2034(b)
|
1,086,024
|
|
895,000
|
Venture Global Calcasieu Pass LLC,
3.875%, 11/01/2033(b)
|
762,635
|
|
1,130,000
|
Venture Global Calcasieu Pass LLC,
4.125%, 8/15/2031(b)
|
1,014,023
|
|
175,000
|
Venture Global Calcasieu Pass LLC,
6.250%, 1/15/2030(b)
|
177,607
|
|
3,095,000
|
Verizon Communications, Inc., Series MPLE,
2.500%, 5/16/2030, (CAD)
|
2,014,097
|
|
895,000
|
VICI Properties LP/VICI Note Co., Inc.,
4.250%, 12/01/2026(b)
|
863,128
|
|
285,000
|
Viper Energy, Inc., 7.375%, 11/01/2031(b)
|
295,171
|
|
1,945,000
|
VMware LLC, 2.200%, 8/15/2031
|
1,580,400
|
|
130,000
|
Western Digital Corp., 2.850%, 2/01/2029
|
112,817
|
|
90,000
|
Western Digital Corp., 3.100%, 2/01/2032
|
73,173
|
|
360,000
|
Western Midstream Operating LP,
4.050%, 2/01/2030
|
334,817
|
|
475,000
|
Western Midstream Operating LP,
5.250%, 2/01/2050
|
416,336
|
|
470,000
|
Western Midstream Operating LP,
5.300%, 3/01/2048
|
405,806
|
|
150,000
|
Western Midstream Operating LP,
5.450%, 4/01/2044
|
135,171
|
|
115,000
|
Western Midstream Operating LP,
5.500%, 8/15/2048
|
99,960
|
|
640,000
|
Western Midstream Operating LP,
6.150%, 4/01/2033
|
656,068
|
|
1,695,000
|
Yum! Brands, Inc., 4.625%, 1/31/2032
|
1,558,861
|
|
|
|
351,157,968
|
|
|
Uruguay — 0.1%
|
|
|
86,955,000
|
Uruguay Government International Bonds,
8.250%, 5/21/2031, (UYU)
|
2,043,073
|
|
|
Total Non-Convertible Bonds
(Identified Cost $935,313,125)
|
847,856,475
|
|
|
||
|
|
||
|
Convertible Bonds — 1.8%
|
||
|
|
United States — 1.8%
|
|
|
12,590,000
|
BioMarin Pharmaceutical, Inc.,
1.250%, 5/15/2027
|
12,019,899
|
|
3,160,000
|
Carnival Corp., 5.750%, 12/01/2027
|
5,153,960
|
|
23,580,000
|
DISH Network Corp., 3.375%, 8/15/2026
|
14,623,376
|
|
6,285,000
|
DISH Network Corp., Zero Coupon,
0.000%-9.514%, 12/15/2025(k)
|
4,620,121
|
|
Principal
Amount (‡)
|
Description
|
Value (†)
|
|
|
||
|
|
United States — continued
|
|
|
$320,000
|
Etsy, Inc., 0.125%, 9/01/2027
|
$267,272
|
|
745,000
|
Etsy, Inc., 0.250%, 6/15/2028
|
585,900
|
|
345,000
|
Northern Oil & Gas, Inc., 3.625%, 4/15/2029
|
397,095
|
|
6,890,000
|
Southwest Airlines Co., 1.250%, 5/01/2025
|
6,896,890
|
|
655,000
|
Spotify USA, Inc., Zero Coupon,
5.189%-5.873%, 3/15/2026(k)
|
623,232
|
|
9,635,000
|
Teladoc Health, Inc., 1.250%, 6/01/2027
|
7,984,496
|
|
930,000
|
Uber Technologies, Inc., Series 2028,
0.875%, 12/01/2028(b)
|
1,105,770
|
|
360,000
|
Unity Software, Inc., Zero Coupon,
7.197%-7.334%, 11/15/2026(k)
|
310,140
|
|
120,000
|
Zillow Group, Inc., 1.375%, 9/01/2026
|
144,673
|
|
|
Total Convertible Bonds
(Identified Cost $68,058,780)
|
54,732,824
|
|
|
||
|
|
||
|
Municipals — 0.0%
|
||
|
|
United States — 0.0%
|
|
|
115,000
|
Tobacco Settlement Financing Corp.,
Series A-1, 6.706%-, 6/01/2046
(Identified cost $114,991)
|
97,263
|
|
|
Total Bonds and Notes
(Identified Cost $1,003,486,896)
|
902,686,562
|
|
|
||
|
|
||
|
Senior Loans — 0.6%
|
||
|
|
United States — 0.6%
|
|
|
1,110,000
|
Asplundh Tree Expert LLC, 2024 Incremental
Term Loan B, 5/23/2031(l)
|
1,108,613
|
|
1,871,087
|
Carnival Corp., 2024 Term Loan B1, 1 mo.
USD SOFR + 2.750%,
8.094%, 10/18/2028(h)(m)
|
1,873,426
|
|
1,266,442
|
Carnival Corp., 2024 Term Loan B2, 1 mo.
USD SOFR + 2.750%, 8.094%, 8/08/2027(h)(m)
|
1,270,406
|
|
245,000
|
Cedar Fair LP, 2024 Term Loan B, 5/01/2031(l)
|
244,236
|
|
208,066
|
Foundation Building Materials Holding
Co. LLC, 2024 Term Loan B2, 3 mo. USD
SOFR + 4.000%, 9.330%, 1/29/2031(h)(m)
|
206,853
|
|
341,000
|
GTCR W Merger Sub LLC, 2024 USD Term
Loan B, 1/31/2031(l)
|
340,952
|
|
341,000
|
GTCR W Merger Sub LLC, USD Term Loan B,
3 mo. USD SOFR + 3.000%,
8.335%, 1/31/2031(h)(m)
|
340,952
|
|
322,895
|
Hilton Domestic Operating Co., Inc., 2023
Term Loan B4, 11/08/2030(l)
|
323,118
|
|
385,867
|
Hilton Domestic Operating Co., Inc., 2024
Term Loan B4, 11/08/2030(l)
|
386,134
|
|
29,923
|
Hilton Grand Vacations Borrower LLC, 2021
Term Loan B, 8/02/2028(l)
|
29,897
|
|
1,926,470
|
Hilton Grand Vacations Borrower LLC, 2024
1st Lien Term Loan B, 1/17/2031(l)
|
1,925,025
|
|
1,007,475
|
Hilton Grand Vacations Borrower LLC, 2024
Incremental Term Loan B, 1 mo. USD SOFR
+ 2.750%, 8.094%, 1/17/2031(h)(m)
|
1,006,719
|
|
269,325
|
HUB International Ltd., 2024 Term Loan B,
3 mo. USD SOFR + 3.250%,
8.575%, 6/20/2030(h)(m)
|
269,796
|
|
99,750
|
Light & Wonder International, Inc., 2024
Term Loan, 1 mo. USD SOFR + 2.750%,
8.070%, 4/14/2029(h)(m)
|
99,679
|
|
99,750
|
Light & Wonder International, Inc., 2024
Term Loan B2, 4/14/2029(l)
|
99,679
|
|
Principal
Amount (‡)
|
Description
|
Value (†)
|
|
|
||
|
|
United States — continued
|
|
|
$665,000
|
Resideo Funding, Inc., 2024 M&A Term Loan
B, 5/21/2031(l)
|
$662,925
|
|
390,000
|
Resideo Funding, Inc., 2024 M&A Term Loan
B, 1 mo. USD SOFR + 2.000%,
7.339%, 5/21/2031(h)(m)
|
388,783
|
|
109,871
|
Resideo Funding, Inc., 2024 Term Loan B,
2/11/2028(l)
|
109,871
|
|
384,008
|
Resideo Funding, Inc., 2024 Term Loan B,
USD SOFR + 2.000%, 7.338%, 2/11/2028(h)(m)
|
384,008
|
|
1,078,488
|
Star Parent, Inc., Term Loan B, 3 mo. USD
SOFR + 3.750%, 9.085%, 9/27/2030(h)(m)
|
1,076,891
|
|
842,888
|
Summit Materials LLC, 2023 Incremental
Term Loan B, 3 mo. USD SOFR + 2.500%,
7.799%, 1/12/2029(h)(m)
|
848,156
|
|
1,855,338
|
Trans Union LLC, 2024 Term Loan B8,
6/24/2031(l)
|
1,850,236
|
|
94,763
|
TransDigm, Inc., 2023 Term Loan J, 3 mo.
USD SOFR + 2.500%, 7.843%, 2/28/2031(h)(m)
|
94,952
|
|
163,202
|
TransDigm, Inc., 2024 Term Loan I, 3 mo.
USD SOFR + 2.750%, 8.085%, 8/24/2028(h)(m)
|
163,440
|
|
595,000
|
Truist Insurance Holdings LLC, 1st Lien Term
Loan, 3 mo. USD SOFR + 3.250%,
8.585%, 5/06/2031(h)(m)
|
595,530
|
|
444,465
|
Uber Technologies, Inc., 2023 Term Loan B,
3 mo. USD SOFR + 2.750%,
8.089%, 3/03/2030(h)(m)
|
446,234
|
|
2,080,000
|
Wyndham Hotels & Resorts, Inc., 2024 Term
Loan, 5/24/2030(l)
|
2,080,291
|
|
|
Total Senior Loans
(Identified Cost $18,214,271)
|
18,226,802
|
|
Shares
|
Description
|
Value (†)
|
|
Preferred Stocks — 0.0%
|
||
|
|
United States — 0.0%
|
|
|
23,356
|
El Paso Energy Capital Trust I,
4.750%, 3/31/2028
(Identified Cost $1,076,192)
|
$1,105,673
|
|
Principal
Amount (‡)
|
|
|
|
Short-Term Investments — 1.0%
|
||
|
$28,079,743
|
Tri-Party Repurchase Agreement with Fixed
Income Clearing Corporation, dated
6/28/2024 at 3.500% to be repurchased at
$28,087,933 on 7/01/2024 collateralized by
$30,765,200 U.S. Treasury Note, 0.750% due
4/30/2026 valued at $28,641,499 including
accrued interest(n)
(Identified Cost$28,079,743)
|
28,079,743
|
|
|
Total Investments — 98.5%
(Identified Cost $2,465,729,882)
|
2,934,778,129
|
|
|
Other assets less liabilities — 1.5%
|
45,824,942
|
|
|
Net Assets — 100.0%
|
$2,980,603,071
|
|
(†)
|
Registered investment companies are required to value portfolio investments using
an unadjusted, readily available market quotation. The Fund
obtains readily available market quotations from independent pricing services. Fund
investments for which readily available market quotations are
not available are priced at fair value pursuant to the Fund's Valuation Procedures.
The Board of Trustees has approved a valuation designee who is
subject to the Board's oversight.
Unadjusted readily available market quotations that are utilized for exchange traded
equity securities (including shares of closed-end investment
companies and exchange-traded funds) include the last sale price quoted on the exchange
where the security is traded most extensively. Futures
contracts are valued at the closing settlement price on the exchange on which the
valuation designee believes that, over time, they are traded most
extensively. Shares of open-end investment companies are valued at net asset value
("NAV") per share.
Exchange traded equity securities for which there is no reported sale during the day
are fair valued at the closing bid quotation as reported by an
independent pricing service. Unlisted equity securities (except unlisted preferred
equity securities) are fair 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 fair valued using
evaluated bids furnished by an independent pricing service, if available.
Debt securities and unlisted preferred equity securities are fair valued based on
evaluated bids furnished to the Fund by an independent pricing
service or bid prices obtained from broker-dealers. Senior loans are fair valued at
bid prices supplied by an independent pricing service, if
available. Broker-dealer bid prices may be used to fair value debt, unlisted equities
and senior loans where an independent pricing service is
unable to price an investment or where an independent pricing service does not provide
a reliable price for the investment. Forward foreign
currency contracts are fair valued utilizing interpolated rates determined based on
information provided by an independent pricing service.
The Fund may also fair value investments 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 a Fund's investments, the valuation
designee may, among other things, use modeling tools or other processes that may take
into account factors such as issuer specific information, or
other related market activity and/or information that occurred after the close of
the foreign market but before the time the Fund's NAV is calculated.
Fair valuation by the Fund's valuation designee may require subjective determinations
about the value of the investment, and fair values used to
determine a Fund's NAV may differ from quoted or published prices, or from prices
that are used by others, for the same investments. In addition,
the use of fair value pricing may not always result in adjustments to the prices of
investments held by a Fund.
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, if any, are translated into U.S. dollars based
upon foreign exchange rates prevailing at the end of the period.
|
|
(‡)
|
Principal Amount stated in U.S. dollars unless otherwise noted.
|
|
(a)
|
Non-income producing security.
|
|
(b)
|
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 June 30, 2024, the value of Rule 144A holdings amounted to
$314,740,184 or 10.6% of net assets.
|
|
(c)
|
Amount shown represents units. One unit represents a principal amount of 1,000.
|
|
(d)
|
Interest rate represents annualized yield at time of purchase; not a coupon rate.
|
|
(e)
|
Amount shown represents principal amount including inflation adjustments.
|
|
(f)
|
Perpetual bond with no specified maturity date.
|
|
(g)
|
Amount shown represents units. One unit represents a principal amount of 100.
|
|
(h)
|
Variable rate security. Rate as of June 30, 2024 is disclosed. Issuers comprised of
various lots with differing coupon rates have been aggregated for
the purpose of presentation in the Portfolio of Investments and show a weighted average
rate. Certain variable rate securities are not based on a
published reference rate and spread, rather are determined by the issuer or agent
and are based on current market conditions. These securities
may not indicate a reference rate and/or spread in their description.
|
|
(i)
|
Treasury Inflation Protected Security (TIPS).
|
|
(j)
|
Security (or a portion thereof) has been pledged as collateral for open derivative
contracts.
|
|
(k)
|
Interest rate represents annualized yield at time of purchase; not a coupon rate. The Fund’s investment in this security is comprised of various lots
with differing annualized yields.
|
|
(l)
|
Position is unsettled. Contract rate was not determined at June 30, 2024 and does
not take effect until settlement date. Maturity date is not finalized
until settlement date.
|
|
(m)
|
Stated interest rate has been determined in accordance with the provisions of the
loan agreement and is subject to a minimum benchmark floor
rate which may range from 0.00% to 1.00%, to which the spread is added.
|
|
(n)
|
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
June 30, 2024, the Fund had an investment in a repurchase
agreement for which the value of the related collateral exceeded the value of the
repurchase agreement.
|
|
CPI
|
Consumer Price Index
|
|
EMTN
|
Euro Medium Term Note
|
|
GMTN
|
Global Medium Term Note
|
|
MTN
|
Medium Term Note
|
|
SOFR
|
Secured Overnight Financing Rate
|
|
AUD
|
Australian Dollar
|
|
BRL
|
Brazilian Real
|
|
CAD
|
Canadian Dollar
|
|
COP
|
Colombian Peso
|
|
EUR
|
Euro
|
|
GBP
|
British Pound
|
|
IDR
|
Indonesian Rupiah
|
|
JPY
|
Japanese Yen
|
|
KRW
|
South Korean Won
|
|
MXN
|
Mexican Peso
|
|
NOK
|
Norwegian Krone
|
|
NZD
|
New Zealand Dollar
|
|
PLN
|
Polish Zloty
|
|
SEK
|
Swedish Krona
|
|
SGD
|
Singapore Dollar
|
|
UYU
|
Uruguayan Peso
|
|
ZAR
|
South African Rand
|
|
At June 30, 2024, the Fund had the following open forward foreign currency contracts:
|
|||||||
|
Counterparty
|
Delivery
Date
|
Currency
Bought/
Sold (B/S)
|
Units
of
Currency
|
In Exchange
for
|
Notional
Value
|
Unrealized
Appreciation
(Depreciation)
|
|
|
Bank of America N.A.
|
9/04/2024
|
BRL
|
S
|
55,000,000
|
$9,905,448
|
$9,770,031
|
$135,417
|
|
Bank of America N.A.
|
9/18/2024
|
GBP
|
B
|
12,366,000
|
15,767,763
|
15,640,766
|
(126,997
)
|
|
Bank of America N.A.
|
9/18/2024
|
JPY
|
B
|
5,864,309,000
|
38,177,604
|
36,881,227
|
(1,296,377
)
|
|
Bank of America N.A.
|
9/19/2024
|
KRW
|
S
|
19,047,379,000
|
13,874,940
|
13,899,383
|
(24,443
)
|
|
Bank of America N.A.
|
9/18/2024
|
MXN
|
B
|
13,000,000
|
698,257
|
702,092
|
3,835
|
|
Bank of America N.A.
|
9/18/2024
|
MXN
|
S
|
336,885,000
|
17,839,847
|
18,194,149
|
(354,302
)
|
|
Bank of America N.A.
|
9/18/2024
|
ZAR
|
S
|
137,000,000
|
7,524,165
|
7,486,027
|
38,138
|
|
HSBC Bank USA N.A.
|
9/18/2024
|
AUD
|
B
|
450,000
|
299,775
|
300,796
|
1,021
|
|
HSBC Bank USA N.A.
|
9/18/2024
|
AUD
|
S
|
13,800,000
|
9,134,703
|
9,224,423
|
(89,720
)
|
|
HSBC Bank USA N.A.
|
9/18/2024
|
CAD
|
S
|
62,229,000
|
45,266,179
|
45,570,595
|
(304,416
)
|
|
HSBC Bank USA N.A.
|
9/18/2024
|
IDR
|
S
|
100,000,000,000
|
6,135,158
|
6,099,081
|
36,077
|
|
Morgan Stanley Capital Services LLC
|
9/18/2024
|
EUR
|
B
|
78,408,000
|
85,291,438
|
84,284,252
|
(1,007,186
)
|
|
Morgan Stanley Capital Services LLC
|
9/18/2024
|
EUR
|
B
|
1,200,000
|
1,289,180
|
1,289,933
|
753
|
|
Morgan Stanley Capital Services LLC
|
9/18/2024
|
NZD
|
S
|
6,003,000
|
3,680,199
|
3,656,394
|
23,805
|
|
UBS AG
|
9/18/2024
|
COP
|
S
|
30,469,789,000
|
7,634,434
|
7,253,360
|
381,074
|
|
Total
|
|
|
|
|
|
|
$(2,583,321
)
|
|
At June 30, 2024, the Fund had the following open forward cross currency contracts:
|
|||||||
|
Counterparty
|
Settlement
Date
|
Deliver/Units
of Currency
|
Receive/Units
of Currency
|
Notional
Value
|
Unrealized
Appreciation
(Depreciation)
|
||
|
Morgan Stanley Capital Services LLC
|
9/18/2024
|
NOK
|
30,959,000
|
EUR
|
2,679,828
|
$2,880,666
|
$(24,497
)
|
|
At June 30, 2024, open long futures contracts were as follows:
|
|||||
|
Financial Futures
|
Expiration
Date
|
Contracts
|
Notional
Amount
|
Value
|
Unrealized
Appreciation
(Depreciation)
|
|
CBOT 10 Year U.S. Treasury Notes Futures
|
9/19/2024
|
549
|
$59,853,289
|
$60,381,422
|
$528,133
|
|
CBOT 2 Year U.S. Treasury Notes Futures
|
9/30/2024
|
4
|
813,538
|
816,875
|
3,337
|
|
CBOT U.S. Long Bond Futures
|
9/19/2024
|
719
|
83,958,210
|
85,066,688
|
1,108,478
|
|
CBOT Ultra Long Term U.S. Treasury Bond Futures
|
9/19/2024
|
161
|
19,909,152
|
20,180,344
|
271,192
|
|
Total
|
|
|
|
|
$1,911,140
|
|
At June 30, 2024, open short futures contracts were as follows:
|
|||||
|
Financial Futures
|
Expiration
Date
|
Contracts
|
Notional
Amount
|
Value
|
Unrealized
Appreciation
(Depreciation)
|
|
CBOT 5 Year U.S. Treasury Notes Futures
|
9/30/2024
|
445
|
$47,033,782
|
$47,427,266
|
$(393,484
)
|
|
Ultra 10-Year U.S. Treasury Notes Futures
|
9/19/2024
|
560
|
62,903,690
|
63,577,500
|
(673,810
)
|
|
Total
|
|
|
|
|
$(1,067,294
)
|
|
Asset Valuation Inputs
|
||||
|
Description
|
Level 1
|
Level 2
|
Level 3
|
Total
|
|
Common Stocks
|
|
|
|
|
|
Canada
|
$27,498,648
|
$ —
|
$ —
|
$27,498,648
|
|
France
|
—
|
46,204,115
|
—
|
46,204,115
|
|
Japan
|
—
|
48,589,869
|
—
|
48,589,869
|
|
Netherlands
|
—
|
72,678,755
|
—
|
72,678,755
|
|
Sweden
|
—
|
77,191,600
|
—
|
77,191,600
|
|
Taiwan
|
—
|
68,291,648
|
—
|
68,291,648
|
|
Asset Valuation Inputs
|
||||
|
Description
|
Level 1
|
Level 2
|
Level 3
|
Total
|
|
United Kingdom
|
$ —
|
$65,206,300
|
$ —
|
$65,206,300
|
|
United States
|
1,547,001,325
|
32,017,089
|
—
|
1,579,018,414
|
|
Total Common Stocks
|
1,574,499,973
|
410,179,376
|
—
|
1,984,679,349
|
|
Bonds and Notes(a)
|
—
|
902,686,562
|
—
|
902,686,562
|
|
Senior Loans(a)
|
—
|
18,226,802
|
—
|
18,226,802
|
|
Preferred Stocks(a)
|
1,105,673
|
—
|
—
|
1,105,673
|
|
Short-Term Investments
|
—
|
28,079,743
|
—
|
28,079,743
|
|
Total Investments
|
1,575,605,646
|
1,359,172,483
|
—
|
2,934,778,129
|
|
Forward Foreign Currency Contracts (unrealized appreciation)
|
—
|
620,120
|
—
|
620,120
|
|
Futures Contracts (unrealized appreciation)
|
1,911,140
|
—
|
—
|
1,911,140
|
|
Total
|
$1,577,516,786
|
$1,359,792,603
|
$ —
|
$2,937,309,389
|
|
Liability Valuation Inputs
|
||||
|
Description
|
Level 1
|
Level 2
|
Level 3
|
Total
|
|
Forward Foreign Currency Contracts (unrealized depreciation)
|
$ —
|
$(3,227,938
)
|
$ —
|
$(3,227,938
)
|
|
Futures Contracts (unrealized depreciation)
|
(1,067,294
)
|
—
|
—
|
(1,067,294
)
|
|
Total
|
$(1,067,294
)
|
$(3,227,938
)
|
$ —
|
$(4,295,232
)
|
|
(a)
|
Details of the major categories of the Fund’s investments are reflected within the Portfolio of Investments.
|
|
Assets
|
Unrealized
appreciation
on forward
foreign
currency
contracts
|
Unrealized
appreciation
on futures
contracts
|
Total
|
|
Over-the-counter asset derivatives
|
|
|
|
|
Foreign exchange contracts
|
$620,120
|
$ —
|
$620,120
|
|
Exchange-traded asset derivatives
|
|
|
|
|
Interest rate contracts
|
—
|
1,911,140
|
1,911,140
|
|
Total asset derivatives
|
$620,120
|
$1,911,140
|
$2,531,260
|
|
Liabilities
|
Unrealized
depreciation
on forward
foreign
currency
contracts
|
Unrealized
depreciation
on futures
contracts
|
Total
|
|
Over-the-counter liability derivatives
|
|
|
|
|
Foreign exchange contracts
|
$(3,227,938
)
|
$ —
|
$(3,227,938
)
|
|
Liabilities
|
Unrealized
depreciation
on forward
foreign
currency
contracts
|
Unrealized
depreciation
on futures
contracts
|
Total
|
|
Exchange-traded liability derivatives
|
|
|
|
|
Interest rate contracts
|
$ —
|
$(1,067,294
)
|
$(1,067,294
)
|
|
Total liability derivatives
|
$(3,227,938
)
|
$(1,067,294
)
|
$(4,295,232
)
|
|
Counterparty:
|
Derivatives
|
Collateral Pledged
|
|
Bank of America N.A.
|
$ (1,624,729
)
|
$1,390,000
|
|
HSBC Bank USA N.A.
|
(357,038
)
|
280,000
|
|
Morgan Stanley Capital Services LLC
|
(1,007,125
)
|
1,197,364
|
|
Industry Summary at June 30, 2024 (Unaudited)
|
|
|
Semiconductors & Semiconductor Equipment
|
9.2%
|
|
Treasuries
|
8.4
|
|
Capital Markets
|
7.4
|
|
Machinery
|
5.9
|
|
Life Sciences Tools & Services
|
5.0
|
|
Software
|
4.7
|
|
Specialty Retail
|
4.2
|
|
IT Services
|
3.9
|
|
Broadline Retail
|
3.5
|
|
Interactive Media & Services
|
3.3
|
|
Chemicals
|
2.7
|
|
Cable Satellite
|
2.6
|
|
Financial Services
|
2.5
|
|
Banking
|
2.5
|
|
Health Care Providers & Services
|
2.4
|
|
Hotels, Restaurants & Leisure
|
2.3
|
|
Consumer Staples Distribution & Retail
|
2.1
|
|
Other Investments, less than 2% each
|
24.9
|
|
Short-Term Investments
|
1.0
|
|
Total Investments
|
98.5
|
|
Other assets less liabilities (including forward foreign currency and futures contracts)
|
1.5
|
|
Net Assets
|
100.0%
|
|
Currency Exposure Summary at June 30, 2024 (Unaudited)
|
|
|
United States Dollar
|
75.1%
|
|
Euro
|
6.7
|
|
Canadian Dollar
|
3.0
|
|
Swedish Krona
|
2.7
|
|
British Pound
|
2.4
|
|
New Taiwan Dollar
|
2.3
|
|
Other, less than 2% each
|
6.3
|
|
Total Investments
|
98.5
|
|
Other assets less liabilities (including forward foreign currency and futures contracts)
|
1.5
|
|
Net Assets
|
100.0%
|