UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, DC 20549
FORM N-Q
QUARTERLY SCHEDULE OF PORTFOLIO HOLDINGS
OF REGISTERED MANAGEMENT INVESTMENT COMPANY
Investment Company Act file number: 811-06557
RidgeWorth Funds
(Exact name of registrant as specified in charter)
RidgeWorth Capital Management LLC
3333 Piedmont Road, Suite 1500
Atlanta, GA 30305
(Address of principal executive offices) (Zip code)
Julia Short
President
RidgeWorth Funds
3333 Piedmont Road, Suite 1500
Atlanta, GA 30305
(Name and Address of Agent for Service)
Copies to:
W. John McGuire, Esq. Bingham McCutchen LLP |
Thomas S. Harman, Esq. Bingham McCutchen LLP | |
2020 K Street, NW Washington, DC 20006 |
2020 K Street, NW Washington, DC 20006 |
Registrants telephone number, including area code: 1-888-784-3863
Date of fiscal year end: March 31
Date of reporting period: June 30, 2014
Item 1. | Schedule of Investments. |
SCHEDULES OF PORTFOLIO INVESTMENTS
RIDGEWORTH FUNDS June 30, 2014
(Unaudited)
Aggressive Growth Stock Fund
Shares | Value($) | |||||||
Common Stocks 100.3% |
||||||||
Consumer Discretionary 31.2% |
||||||||
Amazon.com, Inc.* |
7,300 | 2,370,894 | ||||||
Chipotle Mexican Grill, Inc.* |
1,700 | 1,007,267 | ||||||
HomeAway, Inc.* |
28,700 | 999,334 | ||||||
Lululemon Athletica, Inc.* |
19,900 | 805,552 | ||||||
Michael Kors Holdings Ltd.* |
11,150 | 988,447 | ||||||
Netflix, Inc.* |
5,250 | 2,313,150 | ||||||
Priceline Group Inc. (The)* |
1,400 | 1,684,200 | ||||||
Tesla Motors, Inc.* |
13,850 | 3,324,831 | ||||||
Vince Holding Corp.* |
17,200 | 629,864 | ||||||
Vipshop Holdings Ltd.* |
7,200 | 1,351,728 | ||||||
|
|
|||||||
15,475,267 | ||||||||
|
|
|||||||
Energy 3.0% |
||||||||
Pioneer Natural Resources Co. |
6,400 | 1,470,784 | ||||||
|
|
|||||||
Financials 11.9% |
||||||||
Artisan Partners Asset Management, Inc. |
13,150 | 745,342 | ||||||
Charles Schwab Corp. (The) |
44,900 | 1,209,157 | ||||||
Financial Engines, Inc. |
22,600 | 1,023,328 | ||||||
First Republic Bank |
18,250 | 1,003,568 | ||||||
Portfolio Recovery Associates, Inc.* |
32,500 | 1,934,725 | ||||||
|
|
|||||||
5,916,120 | ||||||||
|
|
|||||||
Health Care 14.7% |
||||||||
Catamaran Corp.* |
33,650 | 1,485,984 | ||||||
Celgene Corp.* |
20,900 | 1,794,892 | ||||||
Fluidigm Corp.* |
11,100 | 326,340 | ||||||
Gilead Sciences, Inc.* |
18,400 | 1,525,544 | ||||||
IPC The Hospitalist Co.* |
8,100 | 358,182 | ||||||
Medidata Solutions, Inc.* |
24,150 | 1,033,861 | ||||||
Salix Pharmaceuticals Ltd.* |
6,450 | 795,608 | ||||||
|
|
|||||||
7,320,411 | ||||||||
|
|
|||||||
Industrials 5.2% |
||||||||
PACCAR, Inc. |
11,650 | 731,970 | ||||||
Precision Castparts Corp. |
4,800 | 1,211,520 | ||||||
XPO Logistics, Inc.* |
21,900 | 626,778 | ||||||
|
|
|||||||
2,570,268 | ||||||||
|
|
|||||||
Information Technology 34.3% |
||||||||
Alliance Data Systems Corp.* |
4,250 | 1,195,313 | ||||||
Cognizant Technology Solutions Corp., Cl A* |
16,000 | 782,560 | ||||||
Envestnet, Inc.* |
4,850 | 237,262 | ||||||
F5 Networks, Inc.* |
4,600 | 512,624 | ||||||
Facebook, Inc., Cl A* |
27,550 | 1,853,839 |
See Notes to Schedules of Portfolio Investments.
Fireeye, Inc.* |
6,700 | 271,685 | ||||||
Google, Inc., Cl A* |
1,200 | 701,604 | ||||||
Google, Inc., Cl C* |
1,900 | 1,093,032 | ||||||
LinkedIn Corp., Cl A* |
11,550 | 1,980,478 | ||||||
MercadoLibre, Inc. |
9,800 | 934,920 | ||||||
Mitek Systems, Inc.* |
58,700 | 195,471 | ||||||
Pandora Media, Inc.* |
44,600 | 1,315,700 | ||||||
ServiceNow, Inc.* |
6,850 | 424,426 | ||||||
Splunk, Inc.* |
10,700 | 592,031 | ||||||
Twitter, Inc.* |
17,500 | 716,975 | ||||||
Workday, Inc., Cl A* |
2,400 | 215,664 | ||||||
Xoom Corp.* |
28,650 | 755,214 | ||||||
Yelp, Inc.* |
14,800 | 1,134,864 | ||||||
Zillow, Inc.* |
14,600 | 2,086,778 | ||||||
|
|
|||||||
17,000,440 | ||||||||
|
|
|||||||
Total Common Stocks (Cost $31,441,567) |
49,753,290 | |||||||
|
|
|||||||
Total Investments (Cost $31,441,567) 100.3% |
49,753,290 | |||||||
Liabilities in Excess of Other Assets (0.3)% |
(143,259 | ) | ||||||
|
|
|||||||
Net Assets 100.0% |
$ | 49,610,031 | ||||||
|
|
* | Non-income producing security. |
See Notes to Schedules of Portfolio Investments.
SCHEDULES OF PORTFOLIO INVESTMENTS
RIDGEWORTH FUNDS June 30, 2014
(Unaudited)
International Equity Fund
Shares | Value($) | |||||||
Common Stocks 92.9% |
||||||||
Australia 2.1% |
||||||||
Flight Centre Travel Group Ltd. |
8,114 | 340,091 | ||||||
Fortescue Metals Group Ltd. |
64,674 | 265,282 | ||||||
|
|
|||||||
605,373 | ||||||||
|
|
|||||||
Austria 1.1% |
||||||||
Voestalpine AG |
6,772 | 322,280 | ||||||
|
|
|||||||
Belgium 2.6% |
||||||||
Anheuser-Busch InBev NV |
6,582 | 756,168 | ||||||
|
|
|||||||
China 1.0% |
||||||||
Agricultural Bank of China Ltd., H Shares |
699,480 | 308,658 | ||||||
|
|
|||||||
Denmark 2.7% |
||||||||
A.P. Moller - Maersk A/S, Cl B |
200 | 496,983 | ||||||
Danske Bank A/S |
10,439 | 295,061 | ||||||
|
|
|||||||
792,044 | ||||||||
|
|
|||||||
France 19.0% |
||||||||
AXA SA |
30,711 | 734,028 | ||||||
BNP Paribas |
7,982 | 541,515 | ||||||
Cap Gemini SA |
5,903 | 421,123 | ||||||
CNP Assurances |
13,528 | 280,822 | ||||||
Credit Agricole SA |
18,503 | 260,962 | ||||||
Publicis Groupe SA(a) |
5,939 | 503,713 | ||||||
Renault SA |
5,516 | 498,728 | ||||||
Sanofi-Aventis |
3,455 | 367,026 | ||||||
Societe Generale SA |
9,088 | 476,053 | ||||||
Valeo SA |
3,889 | 522,350 | ||||||
Vinci SA |
8,536 | 638,184 | ||||||
Vivendi SA* |
15,400 | 376,829 | ||||||
|
|
|||||||
5,621,333 | ||||||||
|
|
|||||||
Germany 15.2% |
||||||||
Adidas AG |
4,028 | 407,985 | ||||||
Allianz SE |
2,787 | 464,436 | ||||||
BASF SE |
5,084 | 591,938 | ||||||
Continental AG |
2,035 | 471,341 | ||||||
Deutsche Lufthansa AG |
17,495 | 375,629 | ||||||
Deutsche Post AG |
17,321 | 626,383 | ||||||
Fresenius SE |
2,806 | 418,422 | ||||||
Infineon Technologies AG |
35,236 | 440,462 | ||||||
Siemens AG |
5,316 | 702,079 | ||||||
|
|
|||||||
4,498,675 | ||||||||
|
|
|||||||
Italy 2.1% |
||||||||
Unipol Gruppo Finanziario SpA |
111,937 | 632,721 | ||||||
|
|
See Notes to Schedules of Portfolio Investments.
Japan 20.5% |
||||||||
Aisin Seiki Co. Ltd. |
8,100 | 322,225 | ||||||
Aozora Bank Ltd. |
111,255 | 365,707 | ||||||
Canon, Inc. |
13,500 | 439,228 | ||||||
Hino Motors Ltd. |
20,928 | 288,185 | ||||||
Honda Motor Co. Ltd. |
12,341 | 430,878 | ||||||
Marubeni Corp. |
45,550 | 333,178 | ||||||
Mitsubishi UFJ Financial Group, Inc. |
107,050 | 656,217 | ||||||
Mitsui & Co. Ltd. |
22,708 | 364,027 | ||||||
NHK Spring Co. Ltd. |
31,723 | 297,486 | ||||||
Resona Holdings, Inc. |
80,743 | 470,247 | ||||||
Sekisui Chemical Co. Ltd. |
28,012 | 324,348 | ||||||
Sumitomo Corp. |
56,911 | 768,513 | ||||||
Sumitomo Mitsui Financial Group, Inc. |
13,725 | 574,985 | ||||||
Toyota Motor Corp. |
7,049 | 423,337 | ||||||
|
|
|||||||
6,058,561 | ||||||||
|
|
|||||||
Netherlands 3.1% |
||||||||
Aegon NV |
34,857 | 304,229 | ||||||
Koninklijke Ahold NV |
32,066 | 601,978 | ||||||
|
|
|||||||
906,207 | ||||||||
|
|
|||||||
Norway 1.7% |
||||||||
Telenor ASA |
22,148 | 504,426 | ||||||
|
|
|||||||
Russia 0.9% |
||||||||
Sberbank of Russia SP ADR |
23,731 | 240,395 | ||||||
Sberbank of Russia SP ADR |
2,409 | 24,500 | ||||||
|
|
|||||||
264,895 | ||||||||
|
|
|||||||
Switzerland 6.5% |
||||||||
Roche Holding AG |
2,313 | 689,883 | ||||||
Swiss Life Holding AG* |
2,621 | 621,557 | ||||||
Swiss Re Ltd.* |
6,932 | 616,751 | ||||||
|
|
|||||||
1,928,191 | ||||||||
|
|
|||||||
Taiwan 1.4% |
||||||||
Hon Hai Precision Industry Co. Ltd. |
122,271 | 409,508 | ||||||
|
|
|||||||
United Kingdom 13.0% |
||||||||
AstraZeneca PLC |
9,428 | 700,343 | ||||||
Bodycote PLC |
35,755 | 420,689 | ||||||
British American Tobacco PLC |
13,222 | 787,006 | ||||||
BT Group PLC |
127,573 | 840,346 | ||||||
SABMiller PLC |
9,277 | 537,901 | ||||||
WPP PLC |
24,737 | 539,347 | ||||||
|
|
|||||||
3,825,632 | ||||||||
|
|
|||||||
Total Common Stocks (Cost $19,911,367) |
27,434,672 | |||||||
|
|
|||||||
Preferred Stock 2.0% |
||||||||
Germany 2.0% |
||||||||
Volkswagen AG, 1.78% |
2,192 | 575,689 | ||||||
|
|
|||||||
Total Preferred Stock (Cost $374,682) |
575,689 | |||||||
|
|
See Notes to Schedules of Portfolio Investments.
Short-Term Investment 1.0% |
||||||||
RidgeWorth Funds Securities Lending Joint Account(b) |
288,859 | 288,859 | ||||||
|
|
|||||||
Total Short-Term Investment (Cost $288,859) |
288,859 | |||||||
|
|
|||||||
Money Market Fund 1.2% |
||||||||
State Street Institutional Liquid Reserves Fund, Institutional Class 0.06%(c) |
367,439 | 367,439 | ||||||
|
|
|||||||
Total Money Market Fund (Cost $367,439) |
367,439 | |||||||
|
|
|||||||
Total Investments (Cost $20,942,347) 97.1% |
28,666,659 | |||||||
Other Assets in Excess of Liabilities 2.9% |
850,894 | |||||||
|
|
|||||||
Net Assets 100.0% |
$ | 29,517,553 | ||||||
|
|
* | Non-income producing security. |
(a) | The security or a partial position of the security was on loan as of June 30, 2014. The total value of securities on loan as of June 30, 2014 was $274,374. |
(b) | Purchased with cash collateral held from securities lending. The value of the collateral could include collateral held for securities that were sold on or before June 30, 2014 (See Note 2(i)). |
(c) | Rate disclosed, the 7 day net yield, is as of June 30, 2014. |
Investment Abbreviations
SP ADR |
Sponsored American Depositary Receipt |
See Notes to Schedules of Portfolio Investments.
SCHEDULES OF PORTFOLIO INVESTMENTS
RIDGEWORTH FUNDS June 30, 2014
(Unaudited)
International Equity Index Fund
Shares | Value($) | |||||||
Common Stocks 97.9% |
||||||||
Australia 6.0% |
||||||||
AGL Energy Ltd. |
1,583 | 23,107 | ||||||
ALS Ltd. |
987 | 8,246 | ||||||
Alumina Ltd.* |
7,258 | 9,239 | ||||||
Amcor Ltd. |
3,469 | 34,117 | ||||||
AMP Ltd. |
8,881 | 44,384 | ||||||
APA Group |
2,378 | 15,450 | ||||||
Asciano Ltd. |
2,803 | 14,881 | ||||||
ASX Ltd. |
581 | 19,526 | ||||||
Aurizon Holdings Ltd. |
6,417 | 30,134 | ||||||
Australia & New Zealand Banking Group Ltd. |
8,239 | 259,017 | ||||||
Bank of Queensland Ltd. |
1,080 | 12,414 | ||||||
Bendigo and Adelaide Bank Ltd. |
1,173 | 13,494 | ||||||
BGP Holdings PLC*(a)(e) |
737,041 | | ||||||
BHP Billiton Ltd. |
9,643 | 326,434 | ||||||
Boral Ltd. |
2,204 | 10,911 | ||||||
Brambles Ltd. |
4,474 | 38,770 | ||||||
Caltex Australia Ltd. |
389 | 7,912 | ||||||
CFS Retail Property Trust REIT |
6,095 | 11,724 | ||||||
Coca-Cola Amatil Ltd. |
1,643 | 14,656 | ||||||
Cochlear Ltd. |
165 | 9,600 | ||||||
Commonwealth Bank of Australia |
4,840 | 369,126 | ||||||
Computershare Ltd. |
1,359 | 15,993 | ||||||
Crown Ltd. |
1,151 | 16,410 | ||||||
CSL Ltd. |
1,433 | 89,925 | ||||||
Dexus Property Group REIT |
16,604 | 17,379 | ||||||
Federation Centres Ltd., REIT |
4,103 | 9,634 | ||||||
Flight Centre Travel Group Ltd. |
161 | 6,748 | ||||||
Fortescue Metals Group Ltd. |
4,475 | 18,356 | ||||||
Goodman Group |
4,923 | 23,443 | ||||||
GPT Group REIT |
5,083 | 18,405 | ||||||
Harvey Norman Holdings Ltd. |
1,529 | 4,469 | ||||||
Iluka Resources Ltd. |
1,204 | 9,230 | ||||||
Incitec Pivot Ltd. |
4,681 | 12,800 | ||||||
Insurance Australia Group Ltd. |
7,031 | 38,719 | ||||||
Leighton Holdings Ltd. |
305 | 5,674 | ||||||
Lend Lease Group |
1,569 | 19,396 | ||||||
Macquarie Group Ltd. |
868 | 48,806 | ||||||
Metcash Ltd. |
2,532 | 6,303 | ||||||
Mirvac Group REIT |
10,524 | 17,714 | ||||||
National Australia Bank Ltd. |
7,067 | 218,440 | ||||||
Newcrest Mining Ltd.* |
2,202 | 21,843 | ||||||
Orica Ltd. |
1,056 | 19,397 |
See Notes to Schedules of Portfolio Investments.
Origin Energy Ltd. |
3,306 | 45,576 | ||||||
Qantas Airways Ltd.* |
3,166 | 3,762 | ||||||
QBE Insurance Group Ltd. |
3,749 | 38,427 | ||||||
Ramsay Health Care Ltd. |
380 | 16,304 | ||||||
REA Group Ltd. |
158 | 6,363 | ||||||
Rio Tinto Ltd. |
1,308 | 73,152 | ||||||
Santos Ltd. |
2,919 | 39,250 | ||||||
Scentre Group* |
15,635 | 47,176 | ||||||
Seek Ltd. |
924 | 13,810 | ||||||
Sonic Healthcare Ltd. |
1,083 | 17,698 | ||||||
SP Ausnet |
4,839 | 6,046 | ||||||
Stockland REIT |
6,987 | 25,563 | ||||||
Suncorp Group Ltd. |
3,863 | 49,321 | ||||||
Sydney Airport |
3,261 | 12,976 | ||||||
TABCORP Holdings Ltd. |
2,111 | 6,688 | ||||||
Tatts Group Ltd. |
3,989 | 12,300 | ||||||
Telstra Corp. Ltd. |
13,076 | 64,239 | ||||||
Toll Holdings Ltd. |
1,960 | 9,426 | ||||||
TPG Telecom Ltd. |
834 | 4,333 | ||||||
Transurban Group |
5,245 | 36,549 | ||||||
Treasury Wine Estates Ltd. |
1,861 | 8,792 | ||||||
Wesfarmers Ltd. |
3,433 | 135,442 | ||||||
Westfield Corp., REIT |
6,082 | 41,005 | ||||||
Westpac Banking Corp. |
9,335 | 298,227 | ||||||
Woodside Petroleum Ltd. |
1,979 | 76,641 | ||||||
Woolworths Ltd. |
3,767 | 125,105 | ||||||
WorleyParsons Ltd. |
597 | 9,801 | ||||||
|
|
|||||||
3,136,198 | ||||||||
|
|
|||||||
Austria 1.7% |
||||||||
Andritz AG |
1,766 | 102,059 | ||||||
Erste Group Bank AG |
6,777 | 219,188 | ||||||
Immofinanz AG*(a)(e) |
23,278 | 82,236 | ||||||
OMV AG |
3,572 | 161,408 | ||||||
Raiffeisen Bank International AG |
2,843 | 90,763 | ||||||
Telekom Austria AG |
5,373 | 52,531 | ||||||
Vienna Insurance Group |
931 | 49,833 | ||||||
Voestalpine AG |
2,719 | 129,397 | ||||||
|
|
|||||||
887,415 | ||||||||
|
|
|||||||
Belgium 2.1% |
||||||||
Ageas |
1,430 | 57,049 | ||||||
Anheuser-Busch InBev NV |
5,227 | 600,500 | ||||||
Belgacom SA |
944 | 31,327 | ||||||
Colruyt SA |
470 | 23,876 | ||||||
Delhaize Group SA |
666 | 45,060 | ||||||
Groupe Bruxelles Lambert SA |
525 | 54,556 | ||||||
KBC Groep NV* |
1,628 | 88,611 | ||||||
Solvay SA |
385 | 66,267 | ||||||
Telenet Group Holding NV* |
319 | 18,180 | ||||||
UCB SA |
735 | 62,228 | ||||||
Umicore |
708 | 32,894 | ||||||
|
|
|||||||
1,080,548 | ||||||||
|
|
See Notes to Schedules of Portfolio Investments.
Cayman Islands 0.1% |
| |||||||
Sands China Ltd. |
3,666 | 27,789 | ||||||
Wynn Macau Ltd. |
1,952 | 7,682 | ||||||
|
|
|||||||
35,471 | ||||||||
|
|
|||||||
Denmark 1.4% |
||||||||
A.P. Moller - Maersk A/S, Cl B |
23 | 57,153 | ||||||
A.P. Moller - Maersk A/S, Cl A |
10 | 23,527 | ||||||
Carlsberg A/S, Cl B |
378 | 40,717 | ||||||
Coloplast A/S, Cl B |
392 | 35,450 | ||||||
Danske Bank A/S |
2,316 | 65,462 | ||||||
DSV A/S |
636 | 20,733 | ||||||
Novo Nordisk A/S, Cl B |
7,033 | 323,695 | ||||||
Novozymes A/S, Cl B |
845 | 42,383 | ||||||
Pandora A/S |
407 | 31,208 | ||||||
TDC A/S |
2,868 | 29,682 | ||||||
Tryg A/S |
76 | 7,677 | ||||||
Vestas Wind Systems A/S* |
791 | 39,907 | ||||||
William Demant Holding A/S* |
80 | 7,264 | ||||||
|
|
|||||||
724,858 | ||||||||
|
|
|||||||
Finland 1.0% |
||||||||
Elisa Oyj |
683 | 20,893 | ||||||
Fortum Oyj |
2,038 | 54,724 | ||||||
Kone Oyj, Cl B |
1,434 | 59,850 | ||||||
Metso Oyj |
517 | 19,588 | ||||||
Neste Oil Oyj |
616 | 12,020 | ||||||
Nokia Oyj |
17,187 | 130,144 | ||||||
Nokian Renkaat Oyj |
541 | 21,113 | ||||||
Orion Oyj, Cl B(b) |
471 | 17,562 | ||||||
Sampo Oyj, Cl A |
2,052 | 103,822 | ||||||
Stora Enso Oyj |
2,640 | 25,702 | ||||||
UPM-Kymmene Oyj |
2,524 | 43,132 | ||||||
Wartsila Oyj |
679 | 33,676 | ||||||
|
|
|||||||
542,226 | ||||||||
|
|
|||||||
France 10.6% |
||||||||
Accor SA |
700 | 36,414 | ||||||
Aeroports de Paris |
123 | 16,206 | ||||||
Air Liquide SA |
1,405 | 189,693 | ||||||
Alcatel-Lucent* |
11,121 | 39,715 | ||||||
Alstom |
883 | 32,192 | ||||||
Arkema SA |
231 | 22,483 | ||||||
Atos Origin SA |
322 | 26,825 | ||||||
AXA SA |
7,425 | 177,466 | ||||||
BNP Paribas |
4,334 | 294,027 | ||||||
Bollore SA |
22 | 14,279 | ||||||
Bouygues SA |
796 | 33,124 | ||||||
Bureau Veritas SA |
906 | 25,147 | ||||||
Cap Gemini SA |
589 | 42,020 |
See Notes to Schedules of Portfolio Investments.
Carrefour SA |
2,465 | 90,931 | ||||||
Casino Guichard-Perrachon SA |
232 | 30,761 | ||||||
Christian Dior SA |
224 | 44,567 | ||||||
CNP Assurances |
658 | 13,659 | ||||||
Compagnie de Saint Gobain(b) |
1,819 | 102,632 | ||||||
Compagnie Generale des Etablissements Michelin |
747 | 89,255 | ||||||
Credit Agricole SA |
4,084 | 57,600 | ||||||
Danone SA |
2,325 | 172,680 | ||||||
Dassault Systemes SA |
256 | 32,937 | ||||||
Edenred |
833 | 25,259 | ||||||
Electricite de France |
984 | 30,990 | ||||||
Essilor International SA |
835 | 88,554 | ||||||
Eurazeo |
165 | 13,726 | ||||||
European Aeronautic Defence and Space Co. |
2,379 | 159,425 | ||||||
Eutelsat Communications |
586 | 20,361 | ||||||
Fonciere Des Regions |
120 | 13,011 | ||||||
France Telecom SA |
7,592 | 119,811 | ||||||
GDF SUEZ |
5,928 | 163,197 | ||||||
Gecina SA |
91 | 13,271 | ||||||
Groupe Eurotunnel SA |
1,914 | 25,886 | ||||||
Groupe Fnac* |
39 | 2,032 | ||||||
ICADE REIT |
151 | 16,190 | ||||||
Iliad SA |
107 | 32,343 | ||||||
Imerys |
140 | 11,797 | ||||||
JCDecaux SA |
274 | 10,224 | ||||||
Klepierre |
409 | 20,842 | ||||||
LOreal SA |
985 | 169,742 | ||||||
Lafarge SA |
765 | 66,412 | ||||||
Lagardere SCA |
457 | 14,884 | ||||||
Legrand SA |
1,087 | 66,510 | ||||||
LVMH Moet Hennessy Louis Vuitton SA |
1,143 | 220,368 | ||||||
Natixis |
3,785 | 24,266 | ||||||
Pernod-Ricard SA |
869 | 104,356 | ||||||
Peugeot SA* |
1,603 | 23,695 | ||||||
PPR |
310 | 67,981 | ||||||
Publicis Groupe SA(b) |
731 | 61,999 | ||||||
Remy Cointreau SA |
106 | 9,752 | ||||||
Renault SA |
788 | 71,247 | ||||||
Rexel SA |
1,102 | 25,773 | ||||||
Safran SA |
1,110 | 72,675 | ||||||
Sanofi-Aventis |
4,880 | 518,404 | ||||||
Schneider Electric SA |
2,134 | 200,893 | ||||||
Scor SE |
629 | 21,636 | ||||||
Societe BIC SA |
120 | 16,418 | ||||||
Societe Generale SA |
2,943 | 154,162 | ||||||
Sodexo |
386 | 41,518 | ||||||
Suez Environnement SA |
1,149 | 21,995 | ||||||
Technip SA |
418 | 45,726 | ||||||
Thales SA |
374 | 22,623 | ||||||
Total SA |
8,762 | 633,244 | ||||||
Unibail-Rodamco SE, REIT |
398 | 115,781 |
See Notes to Schedules of Portfolio Investments.
Valeo SA |
311 | 41,772 | ||||||
Vallourec SA |
436 | 19,525 | ||||||
Veolia Environnement SA |
1,686 | 32,125 | ||||||
Vinci SA |
1,978 | 147,883 | ||||||
Vivendi SA* |
4,868 | 119,117 | ||||||
Wendel SA |
133 | 19,049 | ||||||
Zodiac Aerospace |
761 | 25,759 | ||||||
|
|
|||||||
5,548,822 | ||||||||
|
|
|||||||
Germany 13.6% |
||||||||
Adidas AG |
1,275 | 129,141 | ||||||
Allianz SE |
2,782 | 463,603 | ||||||
Axel Springer AG |
236 | 14,526 | ||||||
BASF SE |
5,598 | 651,784 | ||||||
Bayer AG |
5,040 | 711,866 | ||||||
Bayerische Motoren Werke AG |
2,018 | 255,932 | ||||||
Beiersdorf AG |
597 | 57,771 | ||||||
Brenntag AG |
305 | 54,502 | ||||||
Celesio AG |
310 | 11,036 | ||||||
Commerzbank AG* |
5,898 | 92,714 | ||||||
Continental AG |
670 | 155,183 | ||||||
Daimler AG |
5,868 | 549,598 | ||||||
Deutsche Bank AG |
6,213 | 218,599 | ||||||
Deutsche Boerse AG |
1,176 | 91,272 | ||||||
Deutsche Lufthansa AG |
1,357 | 29,136 | ||||||
Deutsche Post AG |
5,895 | 213,182 | ||||||
Deutsche Telekom AG |
18,989 | 332,821 | ||||||
Deutsche Wohnen AG |
1,744 | 37,612 | ||||||
E.ON AG |
12,195 | 251,815 | ||||||
Fraport AG |
219 | 15,474 | ||||||
Fresenius Medical Care AG |
1,318 | 88,595 | ||||||
Fresenius SE |
767 | 114,373 | ||||||
GEA Group AG |
1,080 | 51,138 | ||||||
Hannover Rueckversicherung AG |
357 | 32,171 | ||||||
Heidelberg Cement AG |
859 | 73,314 | ||||||
Henkel AG & Co. KGaA |
712 | 71,658 | ||||||
Hochtief AG |
141 | 12,204 | ||||||
Hugo Boss AG |
189 | 28,248 | ||||||
Infineon Technologies AG |
6,871 | 85,890 | ||||||
K+S AG |
1,017 | 33,443 | ||||||
Kabel Deutschland Holding AG |
146 | 21,381 | ||||||
Lanxess AG |
558 | 37,665 | ||||||
Linde AG |
1,131 | 240,510 | ||||||
MAN SE |
210 | 25,952 | ||||||
Merck KGaA |
766 | 66,489 | ||||||
Metro AG* |
988 | 43,062 | ||||||
Muenchener Rueckversicherungs AG |
1,093 | 242,307 | ||||||
Osram Licht AG* |
542 | 27,337 | ||||||
ProSiebenSat.1 Media AG |
1,333 | 59,385 | ||||||
RWE AG |
2,983 | 128,114 | ||||||
SAP AG |
5,615 | 433,638 | ||||||
Siemens AG |
4,832 | 638,157 |
See Notes to Schedules of Portfolio Investments.
Sky Deutschland AG* |
2,673 | 24,625 | ||||||
Telefonica Deutschland Holding AG* |
1,646 | 13,611 | ||||||
ThyssenKrupp AG* |
2,759 | 80,431 | ||||||
United Internet AG |
709 | 31,237 | ||||||
Volkswagen AG |
175 | 45,242 | ||||||
|
|
|||||||
7,087,744 | ||||||||
|
|
|||||||
Guernsey 0.0%(c) |
||||||||
Resolution Ltd. |
2,247 | 12,125 | ||||||
|
|
|||||||
Hong Kong 1.0% |
||||||||
AIA Group Ltd. |
18,251 | 91,839 | ||||||
ASM Pacific Technology Ltd. |
301 | 3,288 | ||||||
Bank of East Asia Ltd. |
1,536 | 6,372 | ||||||
BOC Hong Kong Holdings Ltd. |
5,608 | 16,244 | ||||||
Cathay Pacific Airways Ltd. |
1,481 | 2,767 | ||||||
Cheung Kong (Holdings) Ltd. |
2,106 | 37,335 | ||||||
Cheung Kong Infrastructure Holdings Ltd. |
784 | 5,427 | ||||||
CLP Holdings Ltd. |
2,871 | 23,485 | ||||||
First Pacific Co. Ltd. |
2,641 | 2,971 | ||||||
Galaxy Entertainment Group Ltd. |
3,524 | 28,100 | ||||||
Hang Lung Properties Ltd. |
2,808 | 8,659 | ||||||
Hang Seng Bank Ltd. |
1,159 | 18,977 | ||||||
Henderson Land Development Co. Ltd. |
1,466 | 8,587 | ||||||
HK Electric Investments and HK Electric Investments Ltd.* |
437 | 296 | ||||||
HKT Trust / HKT Ltd. |
2,817 | 3,304 | ||||||
Hong Kong & China Gas Co. Ltd. (The) |
9,561 | 20,947 | ||||||
Hong Kong Electric Holdings Ltd. |
2,102 | 18,415 | ||||||
Hong Kong Exchanges & Clearing Ltd. |
1,672 | 31,152 | ||||||
Hutchison Whampoa Ltd. |
3,230 | 44,134 | ||||||
Hysan Development Co. Ltd. |
801 | 3,762 | ||||||
Kerry Logistics Network Ltd. |
435 | 687 | ||||||
Kerry Properties Ltd. |
814 | 2,846 | ||||||
Li & Fung Ltd. |
8,868 | 13,158 | ||||||
Link REIT (The) |
3,502 | 18,842 | ||||||
MTR Corp. |
1,818 | 7,014 | ||||||
New World Development Co. Ltd. |
7,811 | 8,889 | ||||||
Noble Group Ltd. |
13,576 | 14,916 | ||||||
NWS Holdings Ltd. |
1,830 | 3,395 | ||||||
Orient Overseas International Ltd. |
276 | 1,350 | ||||||
PCCW Ltd. |
5,016 | 2,990 | ||||||
Shangri-La Asia Ltd. |
1,965 | 3,088 | ||||||
Sino Land Co. Ltd. |
3,726 | 6,115 | ||||||
SJM Holdings Ltd. |
2,435 | 6,089 | ||||||
Sun Hung Kai Properties Ltd.* |
175 | 229 | ||||||
Sun Hung Kai Properties Ltd. |
2,459 | 33,758 | ||||||
Swire Pacific Ltd. |
853 | 10,494 | ||||||
Swire Properties Ltd. |
1,469 | 4,293 | ||||||
Techtronic Industries Co. |
2,080 | 6,669 | ||||||
Wharf Holdings Ltd. (The) |
2,296 | 16,590 | ||||||
Wheelock & Co. Ltd. |
1,148 | 4,829 | ||||||
Yue Yuen Industrial (Holdings) Ltd. |
931 | 3,153 | ||||||
|
|
|||||||
545,455 | ||||||||
|
|
See Notes to Schedules of Portfolio Investments.
Ireland 0.9% |
| |||||||
Bank of Ireland* |
256,416 | 86,724 | ||||||
CRH PLC |
7,756 | 199,024 | ||||||
Experian PLC |
1,812 | 30,639 | ||||||
Irish Bank Resolution Corp. Ltd.*(a)(e) |
131,459 | | ||||||
Irish Bank Resolution Corp. Ltd.*(a)(b)(e) |
8,839 | | ||||||
James Hardie Industries SE |
1,269 | 16,561 | ||||||
Kerry Group PLC, Cl A |
1,671 | 125,502 | ||||||
Ryanair Holdings PLC |
1,892 | 17,902 | ||||||
|
|
|||||||
476,352 | ||||||||
|
|
|||||||
Israel 1.2% |
||||||||
Bank Hapoalim BM |
9,277 | 53,637 | ||||||
Bank Leumi Le-Israel BM* |
11,632 | 45,389 | ||||||
Bezeq Israeli Telecommunication Corp. Ltd. |
16,765 | 31,415 | ||||||
Delek Group Ltd. |
41 | 16,966 | ||||||
Israel Chemicals Ltd. |
3,907 | 33,474 | ||||||
Israel Corp. Ltd. (The)* |
23 | 13,104 | ||||||
Mizrahi Tefahot Bank Ltd. |
1,208 | 15,623 | ||||||
NICE Systems Ltd. |
514 | 21,000 | ||||||
Teva Pharmaceutical Industries Ltd. |
7,491 | 395,998 | ||||||
|
|
|||||||
626,606 | ||||||||
|
|
|||||||
Italy 7.8% |
||||||||
Assicurazioni Generali SpA |
14,585 | 319,740 | ||||||
Atlantia SpA |
5,157 | 147,020 | ||||||
Banca Monte dei Paschi di Siena SpA*(b) |
1,240 | 2,403 | ||||||
Banco Popolare* |
4,524 | 74,522 | ||||||
Enel Green Power SpA |
21,858 | 61,896 | ||||||
Enel SpA |
82,217 | 478,914 | ||||||
Eni SpA |
31,775 | 869,320 | ||||||
Exor SpA |
1,243 | 51,044 | ||||||
Fiat SpA*(b) |
10,936 | 107,967 | ||||||
Finmeccanica SpA* |
5,055 | 48,072 | ||||||
Intesa Sanpaolo SpA |
145,281 | 448,794 | ||||||
Intesa Sanpaolo SpA - RSP |
11,647 | 30,971 | ||||||
Luxottica Group SpA |
2,088 | 120,854 | ||||||
Mediobanca SpA* |
7,344 | 73,209 | ||||||
Pirelli & C SpA |
2,971 | 47,679 | ||||||
Prysmian SpA |
2,546 | 57,523 | ||||||
Saipem SpA* |
3,307 | 89,207 | ||||||
Snam Rete Gas SpA |
25,343 | 152,690 | ||||||
Telecom Italia SpA* |
125,689 | 159,198 | ||||||
Telecom Italia SpA |
75,269 | 74,362 | ||||||
Terna SpA(b) |
18,829 | 99,314 | ||||||
UniCredit SpA |
55,137 | 461,677 | ||||||
Unione di Banche Italiane ScpA |
10,700 | 92,598 | ||||||
UnipolSai SpA |
11,246 | 36,157 | ||||||
|
|
|||||||
4,105,131 | ||||||||
|
|
See Notes to Schedules of Portfolio Investments.
Japan 21.0% |
| |||||||
ABC-Mart, Inc. |
111 | 5,939 | ||||||
Acom Co. Ltd.* |
1,633 | 7,770 | ||||||
ADVANTEST Corp. |
625 | 7,724 | ||||||
AEON Co. Ltd. |
2,500 | 30,749 | ||||||
AEON Credit Service Co. Ltd. |
449 | 11,741 | ||||||
AEON Mall Co. Ltd. |
452 | 11,908 | ||||||
Air Water, Inc. |
622 | 9,947 | ||||||
Aisin Seiki Co. Ltd. |
799 | 31,785 | ||||||
Ajinomoto Co., Inc. |
2,315 | 36,289 | ||||||
Alfresa Holdings Corp. |
172 | 11,087 | ||||||
All Nippon Airways Co. Ltd.(b) |
4,832 | 11,400 | ||||||
Amada Co. Ltd. |
1,488 | 15,129 | ||||||
Aozora Bank Ltd. |
4,467 | 14,683 | ||||||
Asahi Breweries Ltd. |
1,535 | 48,184 | ||||||
Asahi Glass Co. Ltd. |
4,201 | 24,757 | ||||||
Asahi Kasei Corp. |
5,257 | 40,217 | ||||||
ASICS Corp. |
668 | 15,582 | ||||||
Astellas Pharma, Inc. |
8,305 | 109,116 | ||||||
Bank of Kyoto Ltd. (The) |
1,343 | 12,210 | ||||||
Bank of Yokohama Ltd. (The) |
4,910 | 28,257 | ||||||
Benesse Holdings, Inc. |
300 | 13,015 | ||||||
Bridgestone Corp. |
2,582 | 90,353 | ||||||
Brother Industries Ltd. |
984 | 17,047 | ||||||
Calbee, Inc. |
258 | 7,116 | ||||||
Canon, Inc. |
4,285 | 139,414 | ||||||
Casio Computer Co. Ltd. |
930 | 13,495 | ||||||
Central Japan Railway Co. |
572 | 81,589 | ||||||
Chiba Bank Ltd. (The) |
3,099 | 21,872 | ||||||
Chiyoda Corp. |
653 | 7,909 | ||||||
Chubu Electric Power Co., Inc.* |
2,683 | 33,344 | ||||||
Chugai Pharmaceutical Co. Ltd. |
933 | 26,294 | ||||||
Chugoku Bank Ltd. (The) |
683 | 10,504 | ||||||
Chugoku Electric Power Co., Inc. (The) |
1,237 | 16,875 | ||||||
Chuo Mitsui Trust Holdings, Inc. |
12,969 | 59,273 | ||||||
Citizen Holdings Co. Ltd. |
1,102 | 8,648 | ||||||
Credit Saison Co. Ltd. |
657 | 13,671 | ||||||
Dai Nippon Printing Co. Ltd. |
2,335 | 24,386 | ||||||
Dai-ichi Life Insurance Co. Ltd. (The) |
3,374 | 50,258 | ||||||
Daicel Corp. |
1,218 | 11,638 | ||||||
Daido Steel Co. Ltd. |
1,177 | 6,018 | ||||||
Daihatsu Motor Co. Ltd. |
801 | 14,240 | ||||||
Daiichi Sankyo Co. Ltd. |
2,532 | 47,238 | ||||||
Daikin Industries Ltd. |
931 | 58,743 | ||||||
Dainippon Sumitomo Pharma Co. Ltd. |
664 | 7,636 | ||||||
Daito Trust Construction Co. Ltd. |
303 | 35,622 | ||||||
Daiwa House Industry Co. Ltd. |
2,359 | 48,901 | ||||||
Daiwa Securities Group, Inc. |
6,596 | 57,102 | ||||||
DeNa Co. Ltd. |
441 | 5,964 | ||||||
DENSO Corp. |
1,930 | 92,113 | ||||||
Dentsu, Inc. |
858 | 34,937 |
See Notes to Schedules of Portfolio Investments.
Don Quijote Co. Ltd. |
227 | 12,660 | ||||||
East Japan Railway Co. |
1,332 | 104,911 | ||||||
Eisai Co. Ltd. |
1,000 | 41,893 | ||||||
Electric Power Development Co. Ltd. |
488 | 15,848 | ||||||
FamilyMart Co. Ltd. |
246 | 10,600 | ||||||
FANUC Ltd. |
724 | 124,853 | ||||||
Fast Retailing Co. Ltd. |
210 | 69,091 | ||||||
Fuji Electric Holdings Co. Ltd. |
2,332 | 11,049 | ||||||
Fuji Heavy Industries Ltd. |
2,330 | 64,515 | ||||||
FUJIFILM Holdings Corp. |
1,838 | 51,255 | ||||||
Fujitsu Ltd. |
7,394 | 55,398 | ||||||
Fukuoka Financial Group, Inc. |
3,223 | 15,557 | ||||||
Gree, Inc. |
442 | 3,874 | ||||||
GungHo Online Entertainment, Inc. |
1,742 | 11,246 | ||||||
Gunma Bank Ltd. (The) |
1,583 | 9,360 | ||||||
Hachijuni Bank Ltd. (The) |
1,737 | 10,751 | ||||||
Hakuhodo DY Holdings, Inc. |
946 | 9,394 | ||||||
Hamamatsu Photonics K.K. |
299 | 14,669 | ||||||
Hankyu Hanshin Holdings, Inc. |
4,765 | 27,187 | ||||||
Hikari Tsushin, Inc. |
66 | 4,984 | ||||||
Hino Motors Ltd. |
1,078 | 14,844 | ||||||
Hirose Electric Co. Ltd. |
128 | 19,016 | ||||||
Hiroshima Bank Ltd. (The) |
2,085 | 9,961 | ||||||
Hisamitsu Pharmaceutical Co., Inc. |
258 | 11,537 | ||||||
Hitachi Chemical Co. Ltd. |
436 | 7,213 | ||||||
Hitachi Construction Machinery Co. Ltd. |
449 | 8,944 | ||||||
Hitachi High-Technologies Corp. |
259 | 6,161 | ||||||
Hitachi Ltd. |
18,268 | 133,802 | ||||||
Hitachi Metals Ltd. |
851 | 12,886 | ||||||
Hokuhoku Financial Group, Inc. |
4,925 | 10,501 | ||||||
Hokuriku Electric Power Co. |
703 | 9,320 | ||||||
Honda Motor Co. Ltd. |
6,162 | 215,142 | ||||||
Hoya Corp. |
1,726 | 57,349 | ||||||
Hulic Co. Ltd. |
946 | 12,466 | ||||||
Ibiden Co. Ltd. |
473 | 9,525 | ||||||
Idemitsu Kosan Co. Ltd. |
367 | 7,974 | ||||||
IHI Corp. |
5,497 | 25,612 | ||||||
Iida Group Holdings Co. Ltd. |
513 | 7,793 | ||||||
Inpex Corp. |
3,576 | 54,361 | ||||||
Isetan Mitsukoshi Holdings Ltd. |
1,481 | 19,297 | ||||||
Isuzu Motors Ltd. |
4,946 | 32,711 | ||||||
ITOCHU Corp. |
5,975 | 76,733 | ||||||
Itochu Techno-Solutions Corp. |
106 | 4,609 | ||||||
Iyo Bank Ltd. (The) |
1,081 | 10,927 | ||||||
J. Front Retailing Co. Ltd. |
2,010 | 14,107 | ||||||
Japan Airlines Co. Ltd. |
251 | 13,875 | ||||||
Japan Display, Inc.* |
1,432 | 8,792 | ||||||
Japan Exchange Group, Inc. |
1,032 | 25,417 | ||||||
Japan Prime Realty Investment Corp. REIT |
3 | 10,765 | ||||||
Japan Real Estate Investment Corp. REIT |
5 | 29,120 | ||||||
Japan Retail Fund Investment Corp. REIT |
9 | 20,238 |
See Notes to Schedules of Portfolio Investments.
Japan Tobacco, Inc. |
4,158 | 151,577 | ||||||
JFE Holdings, Inc. |
2,048 | 42,272 | ||||||
JGC Corp. |
864 | 26,251 | ||||||
Joyo Bank Ltd. (The) |
2,831 | 15,090 | ||||||
JS Group Corp. |
1,110 | 29,956 | ||||||
JSR Corp. |
745 | 12,781 | ||||||
JTEKT Corp. |
856 | 14,424 | ||||||
JX Holdings, Inc. |
8,913 | 47,686 | ||||||
Kajima Corp. |
3,523 | 15,580 | ||||||
Kakaku.com, Inc. |
500 | 8,761 | ||||||
Kamigumi Co. Ltd. |
972 | 8,942 | ||||||
Kaneka Corp. |
1,167 | 7,303 | ||||||
Kansai Electric Power Co., Inc. (The)* |
2,932 | 27,640 | ||||||
Kansai Paint Co. Ltd. |
966 | 16,144 | ||||||
Kao Corp. |
2,048 | 80,602 | ||||||
Kawasaki Heavy Industries Ltd. |
5,917 | 22,545 | ||||||
KDDI Corp. |
2,204 | 134,431 | ||||||
Keikyu Corp. |
1,953 | 17,543 | ||||||
Keio Corp. |
2,409 | 18,929 | ||||||
Keisei Electric Railway Co. Ltd. |
1,150 | 11,454 | ||||||
Keyence Corp. |
181 | 78,963 | ||||||
Kikkoman Corp. |
658 | 13,705 | ||||||
Kintetsu Corp. |
6,768 | 24,652 | ||||||
Kirin Holdings Co. Ltd. |
3,255 | 47,007 | ||||||
Kobe Steel Ltd. |
12,096 | 18,149 | ||||||
Koito Manufacturing Co. Ltd. |
404 | 10,349 | ||||||
Komatsu Ltd. |
3,707 | 86,066 | ||||||
Konami Corp. |
420 | 9,283 | ||||||
Konica Minolta Holdings, Inc. |
1,994 | 19,703 | ||||||
Kubota Corp. |
4,488 | 63,617 | ||||||
Kuraray Co. Ltd. |
1,437 | 18,213 | ||||||
Kurita Water Industries Ltd. |
471 | 10,912 | ||||||
Kyocera Corp. |
1,289 | 61,177 | ||||||
Kyowa Hakko Kirin Co. Ltd. |
961 | 13,006 | ||||||
Kyushu Electric Power Co., Inc.* |
1,778 | 20,026 | ||||||
Lawson, Inc. |
274 | 20,556 | ||||||
M3, Inc. |
770 | 12,253 | ||||||
Mabuchi Motor Co. Ltd. |
105 | 7,960 | ||||||
Makita Corp. |
469 | 28,981 | ||||||
Marubeni Corp. |
6,552 | 47,925 | ||||||
Marui Group Co. Ltd. |
930 | 8,932 | ||||||
Maruichi Steel Tube Ltd. |
197 | 5,289 | ||||||
Mazda Motor Corp. |
10,713 | 50,231 | ||||||
McDonalds Holdings Co. (Japan) Ltd. |
278 | 7,807 | ||||||
Medipal Holdings Corp. |
562 | 7,966 | ||||||
Meiji Holdings Co. Ltd. |
256 | 16,956 | ||||||
Miraca Holdings, Inc. |
234 | 11,341 | ||||||
Mitsubishi Chemical Holdings Corp. |
5,644 | 25,015 | ||||||
Mitsubishi Corp. |
5,578 | 116,014 | ||||||
Mitsubishi Electric Corp. |
7,669 | 94,628 | ||||||
Mitsubishi Estate Co. Ltd. |
4,729 | 116,749 |
See Notes to Schedules of Portfolio Investments.
Mitsubishi Gas Chemical Co., Inc. |
1,612 | 10,311 | ||||||
Mitsubishi Heavy Industries Ltd. |
12,050 | 75,175 | ||||||
Mitsubishi Logistics Corp. |
514 | 7,697 | ||||||
Mitsubishi Materials Corp. |
4,654 | 16,309 | ||||||
Mitsubishi Motors Corp. |
2,563 | 28,285 | ||||||
Mitsubishi Tanabe Pharma Corp. |
937 | 14,031 | ||||||
Mitsubishi UFJ Financial Group, Inc. |
48,180 | 295,344 | ||||||
Mitsubishi UFJ Lease & Finance Co. Ltd. |
1,955 | 11,232 | ||||||
Mitsui & Co. Ltd. |
6,896 | 110,548 | ||||||
Mitsui Chemicals, Inc. |
3,405 | 9,310 | ||||||
Mitsui Fudosan Co. Ltd. |
3,323 | 112,051 | ||||||
Mitsui O.S.K. Lines Ltd. |
4,521 | 16,825 | ||||||
Mizuho Financial Group, Inc. |
86,993 | 178,615 | ||||||
MS&AD Insurance Group Holdings, Inc. |
2,011 | 48,575 | ||||||
Murata Manufacturing Co. Ltd. |
805 | 75,339 | ||||||
Nabtesco Corp. |
455 | 10,061 | ||||||
Nagoya Railroad Co. Ltd. |
3,324 | 13,256 | ||||||
Namco Bandai Holdings, Inc. |
741 | 17,350 | ||||||
NEC Corp. |
9,739 | 31,052 | ||||||
Nexon Co. Ltd. |
455 | 4,343 | ||||||
NGK Insulators Ltd. |
1,126 | 25,564 | ||||||
NGK Spark Plug Co. Ltd. |
746 | 21,046 | ||||||
NHK Spring Co. Ltd. |
661 | 6,199 | ||||||
Nidec Corp. |
806 | 49,456 | ||||||
Nikon Corp. |
1,421 | 22,373 | ||||||
Nintendo Co. Ltd. |
422 | 50,508 | ||||||
Nippon Building Fund, Inc. REIT |
5 | 29,219 | ||||||
Nippon Electric Glass Co. Ltd. |
1,555 | 9,056 | ||||||
Nippon Express Co. Ltd. |
3,319 | 16,086 | ||||||
Nippon Meat Packers, Inc. |
715 | 13,968 | ||||||
Nippon Paint Co. Ltd. |
576 | 12,190 | ||||||
Nippon Prologis REIT, Inc. |
5 | 11,658 | ||||||
Nippon Steel Corp. |
30,172 | 96,498 | ||||||
Nippon Telegraph & Telephone Corp. |
1,489 | 92,863 | ||||||
Nippon Yusen Kabushiki Kaisha |
6,727 | 19,390 | ||||||
Nissan Motor Co. Ltd. |
9,868 | 93,610 | ||||||
Nisshin Seifun Group, Inc. |
860 | 10,263 | ||||||
Nissin Foods Holdings Co. Ltd. |
247 | 12,703 | ||||||
Nitori Holdings Co. Ltd. |
285 | 15,586 | ||||||
Nitto Denko Corp. |
621 | 29,099 | ||||||
NKSJ Holdings, Inc. |
1,385 | 37,296 | ||||||
NOK Corp. |
399 | 8,015 | ||||||
Nomura Holdings, Inc. |
14,412 | 102,003 | ||||||
Nomura Real Estate Holdings, Inc. |
518 | 9,802 | ||||||
Nomura Research Institute Ltd. |
423 | 13,320 | ||||||
NSK Ltd. |
1,952 | 25,377 | ||||||
NTT Data Corp. |
538 | 20,659 | ||||||
NTT DoCoMo, Inc. |
6,142 | 105,009 | ||||||
NTT Urban Development Corp. |
517 | 5,818 | ||||||
Obayashi Corp. |
2,705 | 19,305 | ||||||
Odakyu Electric Railway Co. Ltd. |
2,610 | 25,120 |
See Notes to Schedules of Portfolio Investments.
OJI Paper Co. Ltd. |
3,325 | 13,687 | ||||||
Olympus Corp.* |
952 | 32,797 | ||||||
Omron Corp. |
853 | 35,954 | ||||||
Ono Pharmaceutical Co. Ltd. |
345 | 30,378 | ||||||
Oracle Corp. Japan |
161 | 7,040 | ||||||
Oriental Land Co. Ltd. |
198 | 33,920 | ||||||
ORIX Corp. |
5,264 | 87,244 | ||||||
Osaka Gas Co. Ltd. |
7,807 | 32,829 | ||||||
Otsuka Corp. |
204 | 9,887 | ||||||
Otsuka Holdings Co. Ltd. |
1,511 | 46,834 | ||||||
Panasonic Corp. |
8,762 | 106,730 | ||||||
Park24 Co. Ltd. |
409 | 7,437 | ||||||
Rakuten, Inc. |
3,025 | 39,087 | ||||||
Resona Holdings, Inc. |
8,873 | 51,676 | ||||||
Ricoh Co. Ltd. |
2,791 | 33,253 | ||||||
Rinnai Corp. |
138 | 13,323 | ||||||
Rohm Co. Ltd. |
403 | 23,113 | ||||||
Sankyo Co. Ltd. |
225 | 8,651 | ||||||
Sanrio Co. Ltd. |
187 | 5,433 | ||||||
Santen Pharmaceutical Co. Ltd. |
310 | 17,442 | ||||||
SBI Holdings, Inc. |
844 | 10,331 | ||||||
Secom Co. Ltd. |
833 | 50,898 | ||||||
Sega Sammy Holdings, Inc. |
778 | 15,306 | ||||||
Seiko Epson Corp. |
518 | 22,038 | ||||||
Sekisui Chemical Co. Ltd. |
1,775 | 20,553 | ||||||
Sekisui House Ltd. |
2,256 | 30,932 | ||||||
Seven & I Holdings Co. Ltd. |
2,848 | 119,987 | ||||||
Seven Bank Ltd. |
2,481 | 10,139 | ||||||
Sharp Corp.* |
6,076 | 19,493 | ||||||
Shikoku Electric Power Co., Inc.* |
745 | 10,399 | ||||||
Shimadzu Corp. |
987 | 9,051 | ||||||
Shimamura Co. Ltd. |
94 | 9,242 | ||||||
Shimano, Inc. |
329 | 36,503 | ||||||
Shimizu Corp. |
2,463 | 17,432 | ||||||
Shin-Etsu Chemical Co. Ltd. |
1,629 | 99,022 | ||||||
Shinsei Bank Ltd. |
6,871 | 15,464 | ||||||
Shionogi & Co. Ltd. |
1,244 | 25,959 | ||||||
Shiseido Co. Ltd. |
1,500 | 27,348 | ||||||
Shizuoka Bank Ltd. (The) |
2,112 | 22,828 | ||||||
Showa Shell Sekiyu Kabushiki Kaisha |
786 | 8,930 | ||||||
SMC Corp. |
219 | 58,606 | ||||||
Softbank Corp. |
3,630 | 270,284 | ||||||
Sony Corp. |
4,214 | 69,966 | ||||||
Sony Financial Holdings, Inc. |
725 | 12,367 | ||||||
Stanley Electric Co. Ltd. |
598 | 15,590 | ||||||
Sumitomo Chemical Co. Ltd. |
6,204 | 23,455 | ||||||
Sumitomo Corp. |
4,467 | 60,321 | ||||||
Sumitomo Electric Industries Ltd. |
2,993 | 42,101 | ||||||
Sumitomo Heavy Industries Ltd. |
2,304 | 10,962 | ||||||
Sumitomo Metal Mining Co. Ltd. |
2,181 | 35,415 | ||||||
Sumitomo Mitsui Financial Group, Inc. |
4,810 | 201,507 |
See Notes to Schedules of Portfolio Investments.
Sumitomo Realty & Development Co. Ltd. |
1,417 | 60,804 | ||||||
Sumitomo Rubber Industries Ltd. |
713 | 10,290 | ||||||
Suntory Beverage & Food Ltd. |
552 | 21,659 | ||||||
Suruga Bank Ltd. |
753 | 14,613 | ||||||
Suzuken Co. Ltd. |
296 | 11,015 | ||||||
Suzuki Motor Corp. |
1,447 | 45,322 | ||||||
Sysmex Corp. |
569 | 21,372 | ||||||
T&D Holdings, Inc. |
2,413 | 32,799 | ||||||
Taiheiyo Cement Corp. |
4,895 | 19,714 | ||||||
Taisei Corp. |
4,037 | 22,356 | ||||||
Taisho Pharmaceutical Holdings Co. Ltd. |
132 | 9,629 | ||||||
Taiyo Nippon Sanso Corp. |
1,009 | 8,934 | ||||||
Takashimaya Co. Ltd. |
1,104 | 10,713 | ||||||
Takeda Pharmaceutical Co. Ltd. |
2,985 | 138,458 | ||||||
TDK Corp. |
514 | 24,100 | ||||||
Teijin Ltd. |
3,895 | 9,766 | ||||||
Terumo Corp. |
1,233 | 27,568 | ||||||
THK Co. Ltd. |
475 | 11,197 | ||||||
Tobu Railway Co. Ltd. |
4,255 | 22,261 | ||||||
Toho Co. Ltd. |
473 | 11,094 | ||||||
Toho Gas Co. Ltd. |
1,706 | 9,380 | ||||||
Tohoku Electric Power Co., Inc. |
1,886 | 22,136 | ||||||
Tokio Marine Holdings, Inc. |
2,749 | 90,417 | ||||||
Tokyo Electric Power Co., Inc. (The)* |
6,023 | 25,090 | ||||||
Tokyo Electron Ltd. |
681 | 46,034 | ||||||
Tokyo Gas Co. Ltd. |
9,492 | 55,469 | ||||||
Tokyo Tatemono Co. Ltd. |
1,715 | 15,863 | ||||||
Tokyu Corp. |
4,735 | 33,559 | ||||||
Tokyu Fudosan Holdings Corp. |
1,719 | 13,558 | ||||||
TonenGeneral Sekiyu KK |
1,178 | 11,186 | ||||||
Toppan Printing Co. Ltd. |
2,331 | 18,040 | ||||||
Toray Industries, Inc. |
6,113 | 40,188 | ||||||
Toshiba Corp. |
15,977 | 74,598 | ||||||
TOTO Ltd. |
1,239 | 16,694 | ||||||
Toyo Seikan Kaisha Ltd. |
683 | 10,491 | ||||||
Toyo Suisan Kaisha Ltd. |
371 | 11,444 | ||||||
Toyoda Gosei Co. Ltd. |
273 | 5,670 | ||||||
Toyota Industries Corp. |
681 | 35,157 | ||||||
Toyota Motor Corp. |
10,425 | 626,087 | ||||||
Toyota Tsusho Corp. |
887 | 25,505 | ||||||
Trend Micro, Inc. |
439 | 14,452 | ||||||
Uni-Charm Corp. |
476 | 28,366 | ||||||
United Urban Investment Corp., REIT |
9 | 14,525 | ||||||
USS Co. Ltd. |
920 | 15,702 | ||||||
West Japan Railway Co. |
654 | 28,793 | ||||||
Yahoo Japan Corp. |
6,099 | 28,176 | ||||||
Yakult Honsha Co. Ltd. |
366 | 18,534 | ||||||
Yamada Denki Co. Ltd. |
3,832 | 13,655 | ||||||
Yamaguchi Financial Group, Inc. |
882 | 9,298 | ||||||
Yamaha Corp. |
658 | 10,399 | ||||||
Yamaha Motor Co. Ltd. |
1,167 | 20,079 |
See Notes to Schedules of Portfolio Investments.
Yamato Holdings Co. Ltd. |
1,444 | 29,919 | ||||||
Yamato Kogyo Co. Ltd. |
175 | 5,131 | ||||||
Yamazaki Baking Co. Ltd. |
461 | 5,757 | ||||||
Yaskawa Electric Corp. |
895 | 10,840 | ||||||
Yokogawa Electric Corp. |
896 | 11,330 | ||||||
Yokohama Rubber Co. Ltd. (The) |
857 | 7,411 | ||||||
|
|
|||||||
10,999,633 | ||||||||
|
|
|||||||
Jersey 0.2% |
||||||||
Petrofac Ltd. |
432 | 8,894 | ||||||
Randgold Resources Ltd. |
141 | 11,759 | ||||||
Shire PLC |
1,072 | 83,842 | ||||||
|
|
|||||||
104,495 | ||||||||
|
|
|||||||
Luxembourg 0.6% |
||||||||
Altice SA* |
284 | 19,786 | ||||||
ArcelorMittal |
4,084 | 60,564 | ||||||
Millicom International Cellular SA |
183 | 16,762 | ||||||
RTL Group SA* |
223 | 24,807 | ||||||
SES |
1,243 | 47,147 | ||||||
Tenaris SA |
5,898 | 138,909 | ||||||
|
|
|||||||
307,975 | ||||||||
|
|
|||||||
Macau 0.0%(c) |
||||||||
MGM China Holdings Ltd. |
1,193 | 4,148 | ||||||
|
|
|||||||
Mauritius 0.0%(c) |
||||||||
Golden Agri-Resources Ltd. |
22,250 | 9,904 | ||||||
|
|
|||||||
Netherlands 3.5% |
||||||||
Aegon NV |
8,458 | 73,821 | ||||||
Akzo Nobel NV |
1,120 | 83,965 | ||||||
ASML Holding NV |
1,669 | 155,427 | ||||||
CNH Industrial NV |
11,793 | 121,111 | ||||||
Corio NV REIT |
304 | 15,527 | ||||||
Delta Lloyd NV |
927 | 23,534 | ||||||
Fugro NV |
318 | 18,208 | ||||||
Gemalto NV |
358 | 37,109 | ||||||
Heineken Holding NV |
455 | 29,915 | ||||||
Heineken NV |
1,076 | 77,249 | ||||||
ING Groep NV* |
17,929 | 251,885 | ||||||
Koninklijke Ahold NV |
4,344 | 81,550 | ||||||
Koninklijke Boskalis Westminster NV |
405 | 23,228 | ||||||
Koninklijke DSM NV |
805 | 58,631 | ||||||
Koninklijke KPN NV* |
14,470 | 52,724 | ||||||
Koninklijke Philips Electronics NV |
4,530 | 143,753 | ||||||
Koninklijke Vopak NV |
318 | 15,545 | ||||||
OCI* |
434 | 16,937 | ||||||
QIAGEN NV* |
1,396 | 33,834 | ||||||
Randstad Holding NV |
580 | 31,442 | ||||||
Reed Elsevier NV |
3,256 | 74,679 | ||||||
TNT Express NV |
2,043 | 18,491 | ||||||
Unilever NV |
7,605 | 332,764 | ||||||
Wolters Kluwer NV |
1,358 | 40,203 | ||||||
Ziggo NV |
700 | 32,369 | ||||||
|
|
|||||||
1,843,901 | ||||||||
|
|
See Notes to Schedules of Portfolio Investments.
New Zealand 0.7% |
| |||||||
Auckland International Airport Ltd. |
19,368 | 66,135 | ||||||
Contact Energy Ltd. |
7,777 | 36,157 | ||||||
Fletcher Building Ltd. |
13,795 | 106,409 | ||||||
Ryman Healthcare Ltd. |
7,536 | 56,414 | ||||||
Telecom Corp. of New Zealand Ltd. |
37,686 | 88,429 | ||||||
Xero Ltd.* |
1,298 | 29,537 | ||||||
|
|
|||||||
383,081 | ||||||||
|
|
|||||||
Norway 2.0% |
||||||||
Aker Solutions ASA |
1,430 | 24,852 | ||||||
DnB NOR ASA |
8,882 | 162,469 | ||||||
Gjensidige Forsikring ASA |
1,741 | 31,222 | ||||||
Norsk Hydro ASA |
12,223 | 65,421 | ||||||
Orkla ASA |
7,409 | 66,011 | ||||||
Seadrill Ltd. |
3,412 | 135,337 | ||||||
StatoilHydro ASA |
10,143 | 311,540 | ||||||
Telenor ASA |
6,892 | 156,967 | ||||||
Yara International ASA |
1,674 | 83,866 | ||||||
|
|
|||||||
1,037,685 | ||||||||
|
|
|||||||
Portugal 0.9% |
||||||||
Banco Espirito Santo SA* |
47,418 | 39,088 | ||||||
EDP - Energias de Portugal SA |
43,761 | 219,554 | ||||||
Galp Energia SGPS SA |
7,223 | 132,334 | ||||||
Jeronimo Martins SGPS SA |
4,715 | 77,572 | ||||||
|
|
|||||||
468,548 | ||||||||
|
|
|||||||
Singapore 1.1% |
||||||||
Ascendas REIT |
6,435 | 11,870 | ||||||
CapitaCommercial Trust, REIT |
6,355 | 8,664 | ||||||
CapitaLand Ltd. |
8,077 | 20,729 | ||||||
CapitaMall Trust REIT |
7,632 | 12,089 | ||||||
CapitaMalls Asia Ltd.(a) |
3,284 | 6,189 | ||||||
City Developments Ltd. |
1,289 | 10,575 | ||||||
ComfortDelGro Corp. Ltd. |
6,364 | 12,760 | ||||||
DBS Group Holdings Ltd. |
5,406 | 72,620 | ||||||
Genting Singapore PLC |
19,283 | 20,568 | ||||||
Global Logistic Properties Ltd. |
9,750 | 21,112 | ||||||
Jardine Cycle & Carriage Ltd. |
336 | 11,927 | ||||||
Keppel Corp. Ltd. |
4,561 | 39,468 | ||||||
Keppel Land Ltd. |
1,677 | 4,546 | ||||||
Keppel REIT |
290 | 298 | ||||||
Olam International Ltd. |
1,567 | 3,242 | ||||||
Oversea-Chinese Banking Corp. Ltd. |
8,133 | 62,291 | ||||||
SembCorp Industries Ltd. |
3,098 | 13,342 | ||||||
SembCorp Marine Ltd. |
2,634 | 8,661 | ||||||
Singapore Airlines Ltd. |
1,701 | 14,147 | ||||||
Singapore Exchange Ltd. |
2,533 | 14,118 | ||||||
Singapore Press Holdings Ltd. |
5,044 | 16,869 |
See Notes to Schedules of Portfolio Investments.
Singapore Technologies Engineering Ltd. |
4,897 | 14,924 | ||||||
Singapore Telecommunications Ltd. |
25,121 | 77,565 | ||||||
StarHub Ltd. |
1,451 | 4,853 | ||||||
United Overseas Bank Ltd. |
4,010 | 72,424 | ||||||
UOL Group Ltd. |
1,115 | 5,830 | ||||||
Wilmar International Ltd. |
6,054 | 15,488 | ||||||
Yangzijiang Shipbuilding Holdings Ltd. |
4,623 | 4,004 | ||||||
|
|
|||||||
581,173 | ||||||||
|
|
|||||||
Spain 5.6% |
||||||||
Abertis Infraestructuras SA |
2,365 | 54,421 | ||||||
Actividades de Construccion y Servicios SA |
1,021 | 46,695 | ||||||
Amadeus IT Holding SA, Cl A |
2,225 | 91,766 | ||||||
Banco Bilbao Vizcaya Argentaria SA |
34,508 | 439,867 | ||||||
Banco de Sabadell SA |
19,948 | 68,069 | ||||||
Banco Popular Espanol SA |
10,239 | 68,419 | ||||||
Banco Santander SA |
69,065 | 721,575 | ||||||
Bankia SA* |
26,948 | 52,250 | ||||||
Criteria Caixacorp SA |
10,267 | 63,362 | ||||||
Distribuidora Internacional de Alimentacion SA |
3,618 | 33,312 | ||||||
Enagas |
1,187 | 38,196 | ||||||
Ferrovial SA |
2,360 | 52,561 | ||||||
Gas Natural SDG SA(b) |
2,049 | 64,713 | ||||||
Grifols SA |
872 | 47,660 | ||||||
Iberdrola SA |
29,825 | 228,006 | ||||||
Inditex SA |
1,276 | 196,388 | ||||||
Mapfre SA |
5,404 | 21,541 | ||||||
Red Electrica Corporacion SA |
633 | 57,900 | ||||||
Repsol YPF SA |
5,036 | 132,813 | ||||||
Telefonica SA |
23,959 | 410,745 | ||||||
Zardoya Otis SA* |
1,079 | 19,207 | ||||||
|
|
|||||||
2,909,466 | ||||||||
|
|
|||||||
Sweden 2.2% |
||||||||
Alfa Laval AB |
871 | 22,448 | ||||||
Assa Abloy AB, Cl B |
925 | 47,070 | ||||||
Atlas Copco AB, Cl A |
1,858 | 53,697 | ||||||
Atlas Copco AB, Cl B |
1,080 | 28,853 | ||||||
Boliden AB |
669 | 9,707 | ||||||
Electrolux AB, Cl B |
588 | 14,873 | ||||||
Elekta AB, B SHS |
902 | 11,475 | ||||||
Getinge AB |
491 | 12,904 | ||||||
Hennes & Mauritz AB, Cl B |
2,627 | 114,806 | ||||||
Hexagon AB, Cl B |
704 | 22,696 | ||||||
Husqvarna AB, Cl B |
986 | 7,666 | ||||||
Industrivarden AB, Cl C |
290 | 5,729 | ||||||
Investor AB, Cl B |
1,261 | 47,314 | ||||||
Kinnevik Investment AB, Cl B |
651 | 27,749 | ||||||
Lundin Petroleum AB* |
546 | 11,048 | ||||||
Nordea Bank AB |
8,406 | 118,638 | ||||||
Sandvik AB |
2,951 | 40,324 | ||||||
Securitas AB, Cl B |
765 | 9,074 |
See Notes to Schedules of Portfolio Investments.
Skandinaviska Enskilda Banken AB, Cl A |
4,204 | 56,187 | ||||||
Skanska AB, Cl B |
1,052 | 24,011 | ||||||
SKF AB, Cl B |
1,096 | 27,968 | ||||||
Svenska Cellulosa AB, Cl B |
1,624 | 42,316 | ||||||
Svenska Handelsbanken AB, Cl A |
1,381 | 67,608 | ||||||
Swedbank AB, Cl A |
2,506 | 66,461 | ||||||
Swedish Match AB |
504 | 17,500 | ||||||
Tele2 AB, B SHS |
779 | 9,176 | ||||||
Telefonaktiebolaget LM Ericsson, Cl B |
8,422 | 101,784 | ||||||
TeliaSonera AB |
6,591 | 48,148 | ||||||
Volvo AB, Cl B |
4,230 | 58,276 | ||||||
|
|
|||||||
1,125,506 | ||||||||
|
|
|||||||
Switzerland 2.9% |
||||||||
ABB Ltd.* |
2,424 | 55,817 | ||||||
Actelion Ltd.* |
113 | 14,297 | ||||||
Adecco SA* |
188 | 15,476 | ||||||
Aryzta AG* |
91 | 8,620 | ||||||
Baloise Holding AG |
52 | 6,128 | ||||||
Barry Callebaut AG* |
2 | 2,718 | ||||||
Cie Financiere Richemont SA |
575 | 60,333 | ||||||
Coca-Cola HBC AG* |
336 | 7,717 | ||||||
Credit Suisse Group AG* |
1,671 | 47,786 | ||||||
EMS-Chemie Holding AG |
11 | 4,391 | ||||||
Geberit AG |
43 | 15,095 | ||||||
Givaudan SA* |
11 | 18,346 | ||||||
Glencore PLC |
19,379 | 107,969 | ||||||
Holcim Ltd.* |
240 | 21,096 | ||||||
Julius Baer Group Ltd.* |
235 | 9,688 | ||||||
Kuehne + Nagel International AG |
57 | 7,585 | ||||||
Lindt & Spruengli AG PC |
1 | 5,090 | ||||||
Lonza Group AG* |
56 | 6,094 | ||||||
Nestle SA |
3,554 | 275,327 | ||||||
Novartis AG |
2,535 | 229,545 | ||||||
Pargesa Holding SA |
29 | 2,605 | ||||||
Partners Group Holding AG |
20 | 5,467 | ||||||
Roche Holding AG |
774 | 230,856 | ||||||
Schindler Holding AG PC |
53 | 8,056 | ||||||
Schindler Holding AG RS |
24 | 3,618 | ||||||
SGS SA |
6 | 14,378 | ||||||
Sika AG |
2 | 8,178 | ||||||
Sonova Holding AG |
54 | 8,239 | ||||||
STMicroelectronics NV |
2,605 | 23,371 | ||||||
Sulzer AG |
30 | 4,208 | ||||||
Swatch Group AG (The) BS |
35 | 21,135 | ||||||
Swatch Group AG (The) RS |
47 | 5,220 | ||||||
Swiss Life Holding AG* |
36 | 8,537 | ||||||
Swiss Prime Site AG* |
58 | 4,807 | ||||||
Swiss Re Ltd.* |
366 | 32,564 | ||||||
Swisscom AG |
26 | 15,114 | ||||||
Syngenta AG |
98 | 36,501 | ||||||
Transocean Ltd. |
376 | 16,900 |
See Notes to Schedules of Portfolio Investments.
UBS AG* |
4,023 | 73,809 | ||||||
Wolseley PLC |
485 | 26,586 | ||||||
Zurich Insurance Group AG* |
164 | 49,433 | ||||||
|
|
|||||||
1,518,700 | ||||||||
|
|
|||||||
United Kingdom 9.8% |
||||||||
3i Group PLC |
1,613 | 11,094 | ||||||
Aberdeen Asset Management PLC |
1,591 | 12,359 | ||||||
Admiral Group PLC |
320 | 8,483 | ||||||
Aggreko PLC |
426 | 12,029 | ||||||
AMEC PLC |
494 | 10,272 | ||||||
Anglo American PLC |
2,544 | 62,259 | ||||||
Antofagasta PLC |
656 | 8,566 | ||||||
ARM Holdings PLC |
2,570 | 38,749 | ||||||
ASOS PLC* |
79 | 4,002 | ||||||
Associated British Foods PLC |
650 | 33,917 | ||||||
AstraZeneca PLC |
2,300 | 170,852 | ||||||
Aviva PLC |
5,376 | 46,968 | ||||||
Babcock International Group PLC |
915 | 18,196 | ||||||
BAE Systems PLC |
5,805 | 43,007 | ||||||
Barclays PLC |
29,829 | 108,633 | ||||||
BG Group PLC |
6,220 | 131,465 | ||||||
BHP Billiton PLC |
3,853 | 124,594 | ||||||
BP PLC |
33,690 | 296,876 | ||||||
British American Tobacco PLC |
3,442 | 204,876 | ||||||
British Land Co. PLC (The) REIT |
1,747 | 21,003 | ||||||
British Sky Broadcasting Group PLC |
1,746 | 27,012 | ||||||
BT Group PLC |
14,431 | 95,060 | ||||||
Bunzl PLC |
553 | 15,351 | ||||||
Burberry Group PLC |
735 | 18,654 | ||||||
Capita Group PLC |
1,202 | 23,554 | ||||||
Capital Shopping Centres Group PLC REIT |
1,599 | 8,527 | ||||||
Carnival PLC |
306 | 11,563 | ||||||
Centrica PLC |
9,264 | 49,561 | ||||||
Cobham PLC |
1,789 | 9,562 | ||||||
Compass Group PLC |
3,262 | 56,775 | ||||||
Croda International PLC |
226 | 8,513 | ||||||
Diageo PLC |
4,581 | 146,293 | ||||||
Direct Line Insurance Group PLC |
2,736 | 12,633 | ||||||
easyJet PLC |
265 | 6,191 | ||||||
Fresnillo PLC |
299 | 4,462 | ||||||
G4S PLC |
2,831 | 12,364 | ||||||
GKN PLC |
2,707 | 16,822 | ||||||
GlaxoSmithKline PLC |
8,864 | 237,256 | ||||||
Hammerson PLC REIT |
1,183 | 11,743 | ||||||
Hargreaves Lansdown PLC |
356 | 7,543 | ||||||
HSBC Holdings PLC |
34,355 | 348,596 | ||||||
ICAP PLC |
912 | 5,931 | ||||||
IMI PLC |
467 | 11,884 | ||||||
Imperial Tobacco Group PLC |
1,756 | 79,037 | ||||||
Inmarsat PLC |
745 | 9,531 | ||||||
InterContinental Hotels Group PLC |
447 | 18,521 |
See Notes to Schedules of Portfolio Investments.
International Consolidated Airlines Group SA* |
5,940 | 37,667 | ||||||
Intertek Group PLC |
269 | 12,655 | ||||||
Investec PLC |
955 | 8,809 | ||||||
ITV PLC |
6,976 | 21,275 | ||||||
J Sainsbury PLC |
2,037 | 10,999 | ||||||
Johnson Matthey PLC |
342 | 18,144 | ||||||
Kingfisher PLC |
4,335 | 26,634 | ||||||
Land Securities Group PLC REIT |
1,439 | 25,514 | ||||||
Legal & General Group PLC |
10,795 | 41,642 | ||||||
Lloyds Banking Group PLC* |
104,159 | 132,356 | ||||||
London Stock Exchange Group PLC |
294 | 10,098 | ||||||
Marks & Spencer Group PLC |
2,976 | 21,656 | ||||||
Meggitt PLC |
1,302 | 11,275 | ||||||
Melrose Industries PLC |
1,778 | 7,918 | ||||||
National Grid PLC |
6,805 | 97,827 | ||||||
Next PLC |
270 | 29,920 | ||||||
Old Mutual PLC |
8,934 | 30,228 | ||||||
Pearson PLC |
1,494 | 29,506 | ||||||
Persimmon PLC* |
504 | 10,980 | ||||||
Prudential PLC |
4,671 | 107,199 | ||||||
Reckitt Benckiser Group PLC |
1,182 | 103,167 | ||||||
Reed Elsevier PLC |
2,119 | 34,089 | ||||||
Rexam PLC |
1,445 | 13,230 | ||||||
Rio Tinto PLC |
2,321 | 123,475 | ||||||
Rolls-Royce Holdings PLC* |
3,430 | 62,751 | ||||||
Royal Bank of Scotland Group PLC* |
4,528 | 25,448 | ||||||
Royal Dutch Shell PLC, Cl A |
7,111 | 294,326 | ||||||
Royal Dutch Shell PLC, Cl B |
4,461 | 194,109 | ||||||
Royal Mail PLC* |
1,186 | 10,128 | ||||||
RSA Insurance Group PLC |
1,847 | 15,008 | ||||||
SABMiller PLC |
1,758 | 101,933 | ||||||
Sage Group PLC (The) |
1,874 | 12,319 | ||||||
Schroders PLC |
227 | 9,736 | ||||||
Scottish & Southern Energy PLC |
1,763 | 47,279 | ||||||
Segro PLC |
1,233 | 7,284 | ||||||
Severn Trent PLC |
397 | 13,126 | ||||||
Smith & Nephew PLC |
1,631 | 29,002 | ||||||
Smiths Group PLC |
655 | 14,539 | ||||||
Sports Direct International PLC* |
491 | 5,937 | ||||||
Standard Chartered PLC |
4,428 | 90,482 | ||||||
Standard Life PLC |
4,336 | 27,761 | ||||||
Subsea 7 SA |
2,558 | 47,708 | ||||||
Tate & Lyle PLC |
775 | 9,079 | ||||||
Tesco PLC |
14,770 | 71,838 | ||||||
Travis Perkins PLC |
408 | 11,437 | ||||||
TUI Travel PLC |
743 | 5,061 | ||||||
Tullow Oil PLC |
1,660 | 24,247 | ||||||
Unilever PLC |
2,341 | 106,209 | ||||||
United Utilities Group PLC |
1,132 | 17,087 | ||||||
Vodafone Group PLC |
48,231 | 160,958 | ||||||
Weir Group PLC (The) |
354 | 15,867 |
See Notes to Schedules of Portfolio Investments.
Whitbread PLC |
331 | 24,976 | ||||||
William Hill PLC |
1,432 | 8,038 | ||||||
WM Morrison Supermarkets PLC |
3,661 | 11,491 | ||||||
WPP PLC |
2,455 | 53,527 | ||||||
|
|
|||||||
5,116,093 | ||||||||
|
|
|||||||
Total Common Stocks (Cost $27,622,848) |
|
51,219,259 | ||||||
|
|
|||||||
Preferred Stocks 1.0% |
||||||||
Germany 1.0% |
||||||||
Bayerische Motoren Werke AG, 4.08% |
317 | 30,389 | ||||||
Fuchs Petrolub AG, (Preference Shares) |
424 | 19,171 | ||||||
Henkel AG & Co. KGaA, 1.13% |
1,086 | 125,553 | ||||||
Porsche AG, 2.67% |
933 | 97,209 | ||||||
Volkswagen AG, 1.78% |
881 | 231,379 | ||||||
|
|
|||||||
Total Preferred Stocks (Cost $108,264) |
503,701 | |||||||
|
|
|||||||
Rights 0.0%(c) |
||||||||
Austria 0.0%(a)(c)(d)(e) |
||||||||
IMMOEAST AG* |
175,419 | | ||||||
|
|
|||||||
Hong Kong 0.0%(c) |
||||||||
HKT Trust / HKT Ltd.* |
507 | 147 | ||||||
|
|
|||||||
Total Rights (Cost $) |
147 | |||||||
|
|
|||||||
Exchange Traded Funds 0.5% |
||||||||
iShares MSCI Australia Index Fund |
395 | 10,321 | ||||||
iShares MSCI Austria Investable Market Index Fund |
192 | 3,759 | ||||||
iShares MSCI Belgium Investable Market Index Fund |
125 | 2,149 | ||||||
iShares MSCI Denmark Capped ETF |
52 | 2,764 | ||||||
iShares MSCI EAFE Fund |
1,175 | 80,335 | ||||||
iShares MSCI EMU Index Fund |
1,581 | 66,908 | ||||||
iShares MSCI Germany Index Fund |
404 | 12,637 | ||||||
iShares MSCI Hong Kong Index Fund |
39 | 814 | ||||||
iShares MSCI Ireland Capped ETF |
42 | 1,504 | ||||||
iShares MSCI Israel Capped ETF |
52 | 2,716 | ||||||
iShares MSCI Italy Index Fund |
878 | 15,260 | ||||||
iShares MSCI Japan Index Fund |
3,331 | 40,105 | ||||||
iShares MSCI Netherlands Investable Market Index Fund |
42 | 1,075 | ||||||
iShares MSCI New Zealand Capped ETF |
45 | 1,896 | ||||||
iShares MSCI Norway Capped ETF |
152 | 5,002 | ||||||
iShares MSCI Singapore Index Fund |
140 | 1,893 | ||||||
iShares MSCI Spain Index Fund |
100 | 4,282 | ||||||
iShares MSCI Sweden Index Fund |
98 | 3,459 | ||||||
iShares MSCI United Kingdom Index Fund |
478 | 9,981 | ||||||
|
|
|||||||
Total Exchange Traded Funds (Cost $268,888) |
|
266,860 | ||||||
|
|
|||||||
Trust 0.0%(c) |
||||||||
Singapore 0.0%(c) |
||||||||
Hutchison Port Holdings Trust |
17,843 | 12,847 | ||||||
|
|
|||||||
Total Trust (Cost $13,281) |
|
12,847 | ||||||
|
|
See Notes to Schedules of Portfolio Investments.
Short-Term Investment 0.4% |
| |||||||
RidgeWorth Funds Securities Lending Joint Account(f) |
206,803 | 206,803 | ||||||
|
|
|||||||
Total Short-Term Investment (Cost $206,803) |
206,803 | |||||||
|
|
|||||||
Money Market Fund 0.2% |
||||||||
State Street Institutional Liquid Reserves Fund, Institutional Class 0.06%(g) |
90,730 | 90,730 | ||||||
|
|
|||||||
Total Money Market Fund (Cost $90,730) |
90,730 | |||||||
|
|
|||||||
Total Investments (Cost $28,310,814) 100.0% |
52,300,347 | |||||||
Liabilities in Excess of Other Assets (0.0)%(c) |
(12,527 | ) | ||||||
|
|
|||||||
Net Assets 100.0% |
$ | 52,287,820 | ||||||
|
|
* | Non-income producing security. |
(a) | Valued at fair value using procedures approved by the Board (See Note 2(a)). |
(b) | The security or a partial position of the security was on loan as of June 30, 2014. The total value of securities on loan as of June 30, 2014 was 193,631. |
(c) | Less than 0.05% of Net Assets. |
(d) | Escrowed rights that are not tradable. |
(e) | The Funds investment adviser/subadviser has deemed this security to be illiquid based upon procedures approved by the Board of Trustees. |
(f) | Purchased with cash collateral held from securities lending. The value of the collateral could include collateral held for securities that were sold on or before June 30, 2014 (See Note 2(i)). |
(g) | Rate disclosed, the 7 day net yield, is as of June 30, 2014. |
Investment Abbreviations
BS |
Bearer Shares | |
MSCI |
Morgan Stanley Capital International | |
PC |
Participation Certificate | |
REIT |
Real Estate Investment Trust | |
RS |
Registered Shares | |
RSP |
Retirement Savings Plan |
See Notes to Schedules of Portfolio Investments.
SCHEDULES OF PORTFOLIO INVESTMENTS
RIDGEWORTH FUNDS June 30, 2014
(Unaudited)
Large Cap Growth Stock Fund
Shares | Value($) | |||||||
Common Stocks 99.7% |
||||||||
Consumer Discretionary 21.4% |
||||||||
Amazon.com, Inc.* |
18,321 | 5,950,294 | ||||||
BorgWarner, Inc. |
69,885 | 4,555,803 | ||||||
Chipotle Mexican Grill, Inc.* |
5,004 | 2,964,920 | ||||||
DR Horton, Inc. |
158,124 | 3,886,688 | ||||||
Johnson Controls, Inc. |
56,987 | 2,845,361 | ||||||
Las Vegas Sands Corp. |
53,748 | 4,096,673 | ||||||
Michael Kors Holdings Ltd.* |
33,663 | 2,984,225 | ||||||
Netflix, Inc.* |
9,377 | 4,131,506 | ||||||
Priceline Group Inc. (The)* |
5,266 | 6,334,998 | ||||||
Scripps Networks Interactive, Cl A |
38,315 | 3,108,879 | ||||||
Starbucks Corp. |
77,995 | 6,035,253 | ||||||
Ulta Salon Cosmetics & Fragrance, Inc.* |
15,827 | 1,446,746 | ||||||
Under Armour, Inc., Cl A*(a) |
65,944 | 3,923,009 | ||||||
VF Corp. |
63,887 | 4,024,881 | ||||||
Viacom, Inc., Cl B |
40,418 | 3,505,453 | ||||||
|
|
|||||||
59,794,689 | ||||||||
|
|
|||||||
Consumer Staples 6.4% |
||||||||
Colgate-Palmolive Co. |
70,646 | 4,816,644 | ||||||
Costco Wholesale Corp. |
44,877 | 5,168,035 | ||||||
Estee Lauder Cos., Inc. (The), Cl A |
54,264 | 4,029,645 | ||||||
WhiteWave Foods Co. (The), Cl A* |
115,175 | 3,728,215 | ||||||
|
|
|||||||
17,742,539 | ||||||||
|
|
|||||||
Energy 5.7% |
||||||||
EOG Resources, Inc. |
45,458 | 5,312,222 | ||||||
Phillips 66 |
24,047 | 1,934,100 | ||||||
Schlumberger Ltd. |
72,505 | 8,551,965 | ||||||
|
|
|||||||
15,798,287 | ||||||||
|
|
|||||||
Financials 5.4% |
||||||||
Discover Financial Services |
51,966 | 3,220,853 | ||||||
Genworth Financial, Inc., Cl A* |
184,504 | 3,210,370 | ||||||
Morgan Stanley |
117,304 | 3,792,438 | ||||||
Santander Consumer USA Holdings, Inc. |
81,893 | 1,592,000 | ||||||
T. Rowe Price Group, Inc. |
39,825 | 3,361,628 | ||||||
|
|
|||||||
15,177,289 | ||||||||
|
|
|||||||
Health Care 15.7% |
||||||||
Alexion Pharmaceuticals, Inc.* |
44,257 | 6,915,156 | ||||||
Biogen Idec, Inc.* |
26,337 | 8,304,319 | ||||||
Cerner Corp.*(a) |
58,002 | 2,991,743 | ||||||
Express Scripts Holding Co.* |
55,936 | 3,878,043 | ||||||
Gilead Sciences, Inc.* |
125,492 | 10,404,542 | ||||||
HCA Holdings, Inc.* |
30,758 | 1,734,136 |
See Notes to Schedules of Portfolio Investments.
Illumina, Inc.* |
12,817 | 2,288,347 | ||||||
Mylan, Inc.* |
116,093 | 5,985,755 | ||||||
Pharmacyclics, Inc.*(a) |
15,267 | 1,369,603 | ||||||
|
|
|||||||
43,871,644 | ||||||||
|
|
|||||||
Industrials 13.8% |
||||||||
BE Aerospace, Inc.* |
15,760 | 1,457,642 | ||||||
Cummins, Inc. |
32,433 | 5,004,088 | ||||||
Delta Air Lines, Inc. |
96,052 | 3,719,133 | ||||||
Eaton Corp. PLC |
23,972 | 1,850,159 | ||||||
Fluor Corp. |
37,352 | 2,872,369 | ||||||
Fortune Brands Home & Security, Inc. |
89,433 | 3,571,060 | ||||||
HD Supply Holdings, Inc.* |
75,850 | 2,153,382 | ||||||
Honeywell International, Inc. |
51,537 | 4,790,364 | ||||||
IHS, Inc., CL A* |
13,249 | 1,797,492 | ||||||
J.B. Hunt Transport Services, Inc. |
38,596 | 2,847,613 | ||||||
Precision Castparts Corp. |
16,645 | 4,201,198 | ||||||
Union Pacific Corp. |
42,910 | 4,280,272 | ||||||
|
|
|||||||
38,544,772 | ||||||||
|
|
|||||||
Information Technology 29.0% |
||||||||
3D Systems Corp.*(a) |
17,776 | 1,063,005 | ||||||
Analog Devices, Inc. |
60,766 | 3,285,618 | ||||||
Apple, Inc. |
176,134 | 16,368,133 | ||||||
ARM Holdings PLC SP ADR |
62,976 | 2,849,034 | ||||||
Baidu, Inc. SP ADR* |
8,064 | 1,506,436 | ||||||
Cognizant Technology Solutions Corp., Cl A* |
67,295 | 3,291,398 | ||||||
Facebook, Inc., Cl A* |
111,874 | 7,528,001 | ||||||
Google, Inc., Cl A* |
13,741 | 8,033,950 | ||||||
Google, Inc., Cl C* |
13,741 | 7,904,923 | ||||||
LinkedIn Corp., Cl A* |
10,408 | 1,784,660 | ||||||
Palo Alto Networks, Inc.* |
19,664 | 1,648,826 | ||||||
QUALCOMM, Inc. |
91,840 | 7,273,728 | ||||||
Salesforce.com, Inc.* |
73,216 | 4,252,385 | ||||||
Splunk, Inc.* |
34,624 | 1,915,746 | ||||||
Twitter, Inc.* |
1,473 | 60,349 | ||||||
Visa, Inc., Cl A |
30,475 | 6,421,387 | ||||||
Workday, Inc., Cl A* |
27,336 | 2,456,413 | ||||||
Xilinx, Inc. |
66,492 | 3,145,737 | ||||||
|
|
|||||||
80,789,729 | ||||||||
|
|
|||||||
Materials 2.3% |
||||||||
Monsanto Co. |
37,043 | 4,620,744 | ||||||
Vulcan Materials Co. |
27,980 | 1,783,725 | ||||||
|
|
|||||||
6,404,469 | ||||||||
|
|
|||||||
Total Common Stocks (Cost $156,630,448) |
|
278,123,418 | ||||||
|
|
|||||||
Short-Term Investment 2.5% |
||||||||
RidgeWorth Funds Securities Lending Joint Account(b) |
6,844,750 | 6,844,750 | ||||||
|
|
|||||||
Total Short-Term Investment (Cost $6,844,750) |
|
6,844,750 | ||||||
|
|
See Notes to Schedules of Portfolio Investments.
Money Market Fund 0.5% |
| |||||||
State Street Institutional Liquid Reserves Fund, Institutional Class, 0.06%(c) |
1,426,988 | 1,426,988 | ||||||
|
|
|||||||
Total Money Market Fund (Cost $1,426,988) |
|
1,426,988 | ||||||
|
|
|||||||
Total Investments (Cost $164,902,186) 102.7% |
286,395,156 | |||||||
Liabilities in Excess of Other Assets (2.7)% |
(7,463,907 | ) | ||||||
|
|
|||||||
Net Assets 100.0% |
$ | 278,931,249 | ||||||
|
|
* | Non-income producing security. |
(a) | The security or a partial position of the security was on loan as of June 30, 2014. The total value of securities on loan as of June 30, 2014 was $6,718,062. |
(b) | Purchased with cash collateral held from securities lending. The value of the collateral could include collateral held for securities that were sold on or before June 30, 2014 (See Note 2(i)). |
(c) | Rate disclosed, the 7 day net yield, is as of June 30, 2014. |
Investment Abbreviations
SP ADR |
Sponsored American Depositary Receipt |
See Notes to Schedules of Portfolio Investments.
SCHEDULES OF PORTFOLIO INVESTMENTS
RIDGEWORTH FUNDS June 30, 2014
(Unaudited)
Large Cap Value Equity Fund
Shares | Value($) | |||||||
Common Stocks 97.8% |
||||||||
Consumer Discretionary 9.0% |
||||||||
Comcast Corp., Cl A |
543,820 | 29,192,258 | ||||||
DR Horton, Inc. |
959,916 | 23,594,735 | ||||||
Johnson Controls, Inc. |
904,828 | 45,178,062 | ||||||
Mattel, Inc. |
612,340 | 23,862,890 | ||||||
Pearson PLC SP ADR |
613,419 | 12,151,830 | ||||||
PulteGroup, Inc. |
252,592 | 5,092,255 | ||||||
PVH Corp. |
150,560 | 17,555,296 | ||||||
Walt Disney Co. (The) |
341,460 | 29,276,780 | ||||||
WPP PLC SP ADR |
226,879 | 24,727,542 | ||||||
|
|
|||||||
210,631,648 | ||||||||
|
|
|||||||
Consumer Staples 2.3% |
||||||||
Procter & Gamble Co. (The) |
669,700 | 52,631,723 | ||||||
|
|
|||||||
Energy 10.6% |
||||||||
Chevron Corp. |
523,520 | 68,345,536 | ||||||
ConocoPhillips |
409,310 | 35,090,146 | ||||||
Exxon Mobil Corp. |
695,399 | 70,012,771 | ||||||
Occidental Petroleum Corp. |
336,487 | 34,533,661 | ||||||
Schlumberger Ltd. |
351,350 | 41,441,733 | ||||||
|
|
|||||||
249,423,847 | ||||||||
|
|
|||||||
Financials 25.4% |
||||||||
American Tower Corp., REIT |
409,890 | 36,881,902 | ||||||
Ameriprise Financial, Inc. |
312,920 | 37,550,400 | ||||||
Aon PLC |
257,290 | 23,179,256 | ||||||
BlackRock, Inc. |
68,005 | 21,734,398 | ||||||
Citigroup, Inc. |
1,337,130 | 62,978,823 | ||||||
Crown Castle International Corp., REIT |
318,800 | 23,674,088 | ||||||
Franklin Resources, Inc. |
632,950 | 36,609,828 | ||||||
JPMorgan Chase & Co. |
943,340 | 54,355,251 | ||||||
MetLife, Inc. |
917,450 | 50,973,522 | ||||||
Morgan Stanley |
967,377 | 31,275,298 | ||||||
Simon Property Group, Inc., REIT |
179,117 | 29,783,575 | ||||||
T. Rowe Price Group, Inc. |
496,850 | 41,939,109 | ||||||
Travelers Cos., Inc. (The) |
306,620 | 28,843,743 | ||||||
U.S. Bancorp |
1,418,220 | 61,437,290 | ||||||
Wells Fargo & Co. |
1,045,760 | 54,965,146 | ||||||
|
|
|||||||
596,181,629 | ||||||||
|
|
|||||||
Health Care 12.8% |
||||||||
Agilent Technologies, Inc. |
625,499 | 35,928,663 | ||||||
Baxter International, Inc. |
456,171 | 32,981,163 | ||||||
Cigna Corp. |
729,880 | 67,127,064 | ||||||
Johnson & Johnson |
444,520 | 46,505,682 |
See Notes to Schedules of Portfolio Investments.
Merck & Co., Inc. |
1,009,770 | 58,415,194 | ||||||
Pfizer, Inc. |
2,009,100 | 59,630,088 | ||||||
|
|
|||||||
300,587,854 | ||||||||
|
|
|||||||
Industrials 18.2% |
||||||||
Caterpillar, Inc. |
113,100 | 12,290,577 | ||||||
Cummins, Inc. |
148,100 | 22,850,349 | ||||||
Delta Air Lines, Inc. |
616,380 | 23,866,234 | ||||||
Eaton Corp. PLC |
75,650 | 5,838,667 | ||||||
FedEx Corp. |
76,780 | 11,622,956 | ||||||
Flowserve Corp. |
376,347 | 27,981,399 | ||||||
Fluor Corp. |
304,903 | 23,447,041 | ||||||
General Dynamics Corp. |
195,890 | 22,830,979 | ||||||
General Electric Co. |
1,673,470 | 43,978,792 | ||||||
Honeywell International, Inc. |
310,500 | 28,860,975 | ||||||
Illinois Tool Works, Inc. |
273,010 | 23,904,756 | ||||||
Ingersoll-Rand PLC |
299,100 | 18,696,741 | ||||||
J.B. Hunt Transport Services, Inc. |
222,120 | 16,388,014 | ||||||
Pentair PLC |
149,630 | 10,791,316 | ||||||
Republic Services, Inc. |
651,929 | 24,753,744 | ||||||
Rockwell Automation, Inc. |
141,990 | 17,771,468 | ||||||
Rockwell Collins, Inc. |
263,600 | 20,597,704 | ||||||
Union Pacific Corp. |
120,580 | 12,027,855 | ||||||
United Parcel Service, Inc., Cl B |
226,354 | 23,237,502 | ||||||
United Technologies Corp. |
297,830 | 34,384,473 | ||||||
|
|
|||||||
426,121,542 | ||||||||
|
|
|||||||
Information Technology 13.9% |
||||||||
Cisco Systems, Inc. |
2,733,630 | 67,930,705 | ||||||
EMC Corp. |
1,562,970 | 41,168,630 | ||||||
Intel Corp. |
1,336,450 | 41,296,305 | ||||||
Maxim Integrated Products, Inc. |
712,510 | 24,089,963 | ||||||
Microsoft Corp. |
1,048,797 | 43,734,835 | ||||||
NetApp, Inc. |
668,570 | 24,416,176 | ||||||
Oracle Corp. |
1,239,590 | 50,240,583 | ||||||
Texas Instruments, Inc. |
704,850 | 33,684,782 | ||||||
|
|
|||||||
326,561,979 | ||||||||
|
|
|||||||
Materials 1.1% |
||||||||
Airgas, Inc. |
125,270 | 13,643,156 | ||||||
Ashland, Inc. |
108,206 | 11,766,320 | ||||||
|
|
|||||||
25,409,476 | ||||||||
|
|
|||||||
Telecommunication Services 1.4% |
||||||||
Verizon Communications, Inc. |
688,080 | 33,667,754 | ||||||
|
|
|||||||
Utilities 3.1% |
||||||||
Duke Energy Corp. |
485,688 | 36,033,193 | ||||||
NextEra Energy, Inc. |
344,612 | 35,315,838 | ||||||
|
|
|||||||
71,349,031 | ||||||||
|
|
|||||||
Total Common Stocks (Cost $1,714,828,365) |
|
2,292,566,483 | ||||||
|
|
See Notes to Schedules of Portfolio Investments.
Money Market Fund 1.3% |
| |||||||
State Street Institutional Liquid Reserves Fund, Institutional Class, 0.06%(a) |
31,403,031 | 31,403,031 | ||||||
|
|
|||||||
Total Money Market Fund (Cost $31,403,031) |
|
31,403,031 | ||||||
|
|
|||||||
Total Investments (Cost $1,746,231,396) 99.1% |
2,323,969,514 | |||||||
Other Assets in Excess of Liabilities 0.9% |
21,373,230 | |||||||
|
|
|||||||
Net Assets 100.0% |
$ | 2,345,342,744 | ||||||
|
|
(a) | Rate disclosed, the 7 day net yield, is as of June 30, 2014. |
Investment Abbreviations
REIT |
Real Estate Investment Trust | |
SP ADR |
Sponsored American Depositary Receipt |
See Notes to Schedules of Portfolio Investments.
SCHEDULES OF PORTFOLIO INVESTMENTS
RIDGEWORTH FUNDS June 30, 2014
(Unaudited)
Mid-Cap Value Equity Fund
Shares | Value($) | |||||||
Common Stocks 98.1% |
||||||||
Consumer Discretionary 12.2% |
||||||||
CST Brands, Inc. |
1,300,000 | 44,850,000 | ||||||
Johnson Controls, Inc. |
665,000 | 33,203,450 | ||||||
KB Home(a) |
1,900,000 | 35,492,000 | ||||||
Kohls Corp. |
815,000 | 42,934,200 | ||||||
M.D.C. Holdings, Inc.(a) |
2,515,000 | 76,179,350 | ||||||
Mattel, Inc. |
650,000 | 25,330,500 | ||||||
Pearson PLC SP ADR |
1,950,000 | 38,629,500 | ||||||
PVH Corp. |
460,000 | 53,636,000 | ||||||
Ralph Lauren Corp. |
340,000 | 54,634,600 | ||||||
Regal Entertainment Group, Cl A(a) |
2,453,050 | 51,759,355 | ||||||
WPP PLC SP ADR |
470,000 | 51,225,300 | ||||||
|
|
|||||||
507,874,255 | ||||||||
|
|
|||||||
Consumer Staples 1.6% |
||||||||
Bunge Ltd. |
400,000 | 30,256,000 | ||||||
Coty, Inc., Cl A(a) |
2,048,500 | 35,090,805 | ||||||
|
|
|||||||
65,346,805 | ||||||||
|
|
|||||||
Energy 7.3% |
||||||||
Baker Hughes, Inc. |
950,000 | 70,727,500 | ||||||
Cabot Oil & Gas Corp. |
935,000 | 31,920,900 | ||||||
Noble Energy, Inc. |
630,000 | 48,799,800 | ||||||
Seadrill Ltd.(a) |
1,550,000 | 61,922,500 | ||||||
Tidewater, Inc. |
1,650,000 | 92,647,500 | ||||||
|
|
|||||||
306,018,200 | ||||||||
|
|
|||||||
Financials 26.4% |
||||||||
Allstate Corp. (The) |
680,000 | 39,929,600 | ||||||
American Campus Communities, Inc., REIT |
1,500,000 | 57,360,000 | ||||||
Ameriprise Financial, Inc. |
975,000 | 117,000,000 | ||||||
Aon PLC |
430,000 | 38,738,700 | ||||||
BankUnited, Inc. |
945,000 | 31,638,600 | ||||||
Brown & Brown, Inc. |
950,000 | 29,174,500 | ||||||
Comerica, Inc. |
1,275,000 | 63,954,000 | ||||||
Crown Castle International Corp., REIT |
650,000 | 48,269,000 | ||||||
DDR Corp., REIT |
2,250,000 | 39,667,500 | ||||||
Hartford Financial Services Group, Inc. (The) |
3,225,000 | 115,487,250 | ||||||
Health Care REIT, Inc. |
460,000 | 28,828,200 | ||||||
Invesco Ltd. |
1,900,000 | 71,725,000 | ||||||
Lazard Ltd., Cl A |
1,180,000 | 60,840,800 | ||||||
MB Financial, Inc. |
1,525,000 | 41,251,250 | ||||||
Mid-America Apartment Communities, Inc., REIT |
720,650 | 52,643,482 | ||||||
Prologis, Inc., REIT |
435,000 | 17,874,150 | ||||||
Regions Financial Corp. |
6,000,000 | 63,720,000 |
See Notes to Schedules of Portfolio Investments.
T. Rowe Price Group, Inc. |
1,025,000 | 86,520,250 | ||||||
Taubman Centers, Inc., REIT |
400,000 | 30,324,000 | ||||||
Umpqua Holdings Corp. |
1,269,850 | 22,755,712 | ||||||
Zions Bancorp. |
1,450,000 | 42,731,500 | ||||||
|
|
|||||||
1,100,433,494 | ||||||||
|
|
|||||||
Health Care 13.4% |
||||||||
Agilent Technologies, Inc. |
1,275,000 | 73,236,000 | ||||||
Cigna Corp. |
1,535,000 | 141,173,950 | ||||||
Hill-Rom Holdings, Inc. |
1,207,100 | 50,106,721 | ||||||
Omnicare, Inc. |
1,320,000 | 87,872,400 | ||||||
STERIS Corp. |
1,700,000 | 90,916,000 | ||||||
WellPoint, Inc. |
1,075,000 | 115,680,750 | ||||||
|
|
|||||||
558,985,821 | ||||||||
|
|
|||||||
Industrials 17.3% |
||||||||
A.O. Smith Corp. |
1,325,000 | 65,693,500 | ||||||
Alaska Air Group, Inc. |
450,000 | 42,772,500 | ||||||
CSX Corp. |
1,375,000 | 42,363,750 | ||||||
Cummins, Inc. |
255,000 | 39,343,950 | ||||||
Dover Corp. |
255,000 | 23,192,250 | ||||||
Fluor Corp. |
400,000 | 30,760,000 | ||||||
Ingersoll-Rand PLC |
1,030,000 | 64,385,300 | ||||||
J.B. Hunt Transport Services, Inc. |
510,000 | 37,627,800 | ||||||
KAR Auction Services, Inc. |
1,143,550 | 36,444,939 | ||||||
Manitowoc Co., Inc. (The) |
1,475,000 | 48,468,500 | ||||||
Parker Hannifin Corp. |
475,000 | 59,721,750 | ||||||
Pentair PLC |
250,000 | 18,030,000 | ||||||
Republic Services, Inc. |
1,175,000 | 44,614,750 | ||||||
Rockwell Automation, Inc. |
435,000 | 54,444,600 | ||||||
Timken Co. (The) |
460,000 | 31,206,400 | ||||||
Towers Watson & Co., Cl A |
480,000 | 50,030,400 | ||||||
Tyco International Ltd. |
675,000 | 30,780,000 | ||||||
|
|
|||||||
719,880,389 | ||||||||
|
|
|||||||
Information Technology 10.4% |
||||||||
Intersil Corp., Cl A |
6,050,000 | 90,447,500 | ||||||
Juniper Networks, Inc.* |
3,440,000 | 84,417,600 | ||||||
Maxim Integrated Products, Inc. |
1,050,000 | 35,500,500 | ||||||
NetApp, Inc. |
3,320,000 | 121,246,400 | ||||||
Seagate Technology PLC |
835,000 | 47,444,700 | ||||||
Symantec Corp. |
2,450,000 | 56,105,000 | ||||||
|
|
|||||||
435,161,700 | ||||||||
|
|
|||||||
Materials 5.5% |
||||||||
Ashland, Inc. |
310,000 | 33,709,400 | ||||||
Cabot Corp. |
640,000 | 37,113,600 | ||||||
Martin Marietta Materials, Inc.(a) |
295,750 | 39,053,788 | ||||||
MeadWestvaco Corp. |
800,000 | 35,408,000 | ||||||
Rock Tenn Co., Cl A |
485,000 | 51,211,150 | ||||||
Sherwin-Williams Co. (The) |
150,000 | 31,036,500 | ||||||
|
|
|||||||
227,532,438 | ||||||||
|
|
See Notes to Schedules of Portfolio Investments.
Utilities 4.0% |
| |||||||
American Water Works Co., Inc. |
634,700 | 31,385,915 | ||||||
Exelon Corp. |
1,175,000 | 42,864,000 | ||||||
NextEra Energy Partners LP* |
330,000 | 11,058,300 | ||||||
NRG Energy, Inc. |
2,150,000 | 79,980,000 | ||||||
|
|
|||||||
165,288,215 | ||||||||
|
|
|||||||
Total Common Stocks (Cost $3,411,730,413) |
|
4,086,521,317 | ||||||
|
|
|||||||
Short-Term Investment 4.0% |
||||||||
RidgeWorth Funds Securities Lending Joint Account(b) |
164,854,350 | 164,854,350 | ||||||
|
|
|||||||
Total Short-Term Investment (Cost $164,854,350) |
|
164,854,350 | ||||||
|
|
|||||||
Money Market Fund 2.4% |
||||||||
State Street Institutional Liquid Reserves Fund, Institutional Class, 0.06%(c) |
101,277,461 | 101,277,461 | ||||||
|
|
|||||||
Total Money Market Fund (Cost $101,277,461) |
|
101,277,461 | ||||||
|
|
|||||||
Total Investments (Cost $3,677,862,224) 104.5% |
4,352,653,128 | |||||||
Liabilities in Excess of Other Assets (4.5)% |
(185,559,688 | ) | ||||||
|
|
|||||||
Net Assets 100.0% |
$ | 4,167,093,440 | ||||||
|
|
* | Non-income producing security. |
(a) | The security or a partial position of the security was on loan as of June 30, 2014. The total value of securities on loan as of June 30, 2014 was $160,933,371. |
(b) | Purchased with cash collateral held from securities lending. The value of the collateral could include collateral held for securities that were sold on or before June 30, 2014 (See Note 2(i)). |
(c) | Rate disclosed, the 7 day net yield, is as of June 30, 2014. |
Investment Abbreviations
REIT |
Real Estate Investment Trust | |
SP ADR |
Sponsored American Depositary Receipt |
See Notes to Schedules of Portfolio Investments.
SCHEDULES OF PORTFOLIO INVESTMENTS
RIDGEWORTH FUNDS June 30, 2014
(Unaudited)
Select Large Cap Growth Stock Fund
Shares | Value($) | |||||||
Common Stocks 99.9% |
||||||||
Consumer Discretionary 19.6% |
||||||||
Amazon.com, Inc.* |
1,103 | 358,232 | ||||||
Johnson Controls, Inc. |
10,373 | 517,924 | ||||||
Las Vegas Sands Corp. |
7,307 | 556,940 | ||||||
NIKE, Inc., CL B |
5,234 | 405,897 | ||||||
Polaris Industries, Inc. |
2,964 | 386,031 | ||||||
Priceline Group Inc. (The)* |
631 | 759,093 | ||||||
Starbucks Corp. |
6,304 | 487,803 | ||||||
VF Corp. |
7,959 | 501,417 | ||||||
|
|
|||||||
3,973,337 | ||||||||
|
|
|||||||
Consumer Staples 2.2% |
||||||||
Estee Lauder Cos., Inc. (The), Cl A |
6,104 | 453,283 | ||||||
|
|
|||||||
Energy 7.3% |
||||||||
EOG Resources, Inc. |
5,331 | 622,981 | ||||||
Halliburton Co. |
8,915 | 633,054 | ||||||
Phillips 66 |
2,890 | 232,443 | ||||||
|
|
|||||||
1,488,478 | ||||||||
|
|
|||||||
Financials 6.4% |
||||||||
American Express Co. |
5,626 | 533,739 | ||||||
Charles Schwab Corp. (The) |
10,318 | 277,864 | ||||||
Morgan Stanley |
15,216 | 491,933 | ||||||
|
|
|||||||
1,303,536 | ||||||||
|
|
|||||||
Health Care 21.3% |
||||||||
Alexion Pharmaceuticals, Inc.* |
4,628 | 723,125 | ||||||
Biogen Idec, Inc.* |
2,475 | 780,392 | ||||||
Cerner Corp.* |
7,744 | 399,436 | ||||||
Gilead Sciences, Inc.* |
11,054 | 916,487 | ||||||
Illumina, Inc.* |
1,881 | 335,834 | ||||||
McKesson Corp. |
2,861 | 532,747 | ||||||
Mylan, Inc.* |
12,506 | 644,809 | ||||||
|
|
|||||||
4,332,830 | ||||||||
|
|
|||||||
Industrials 8.6% |
||||||||
Cummins, Inc. |
3,565 | 550,044 | ||||||
Delta Air Lines, Inc. |
11,603 | 449,268 | ||||||
Fluor Corp. |
4,852 | 373,119 | ||||||
Precision Castparts Corp. |
1,510 | 381,124 | ||||||
|
|
|||||||
1,753,555 | ||||||||
|
|
|||||||
Information Technology 30.5% |
||||||||
Adobe Systems, Inc.* |
7,686 | 556,159 | ||||||
Analog Devices, Inc. |
10,336 | 558,868 | ||||||
Apple, Inc. |
13,055 | 1,213,201 |
See Notes to Schedules of Portfolio Investments.
ARM Holdings PLC SP ADR |
4,280 | 193,627 | ||||||
Facebook, Inc., Cl A* |
7,184 | 483,411 | ||||||
Google, Inc., CL C* |
1,061 | 610,372 | ||||||
Google, Inc., Cl A* |
1,061 | 620,335 | ||||||
QUALCOMM, Inc. |
4,805 | 380,556 | ||||||
Salesforce.com, Inc.* |
7,289 | 423,345 | ||||||
Visa, Inc., Cl A |
2,864 | 603,473 | ||||||
Xilinx, Inc. |
11,599 | 548,749 | ||||||
|
|
|||||||
6,192,096 | ||||||||
|
|
|||||||
Materials 4.0% |
||||||||
Monsanto Co. |
4,736 | 590,769 | ||||||
PPG Industries, Inc. |
995 | 209,099 | ||||||
|
|
|||||||
799,868 | ||||||||
|
|
|||||||
Total Common Stocks (Cost $13,004,188) |
|
20,296,983 | ||||||
|
|
|||||||
Money Market Fund 0.1% |
||||||||
State Street Institutional Liquid Reserves Fund, Institutional Class, 0.06%(a) |
25,437 | 25,437 | ||||||
|
|
|||||||
Total Money Market Fund (Cost $25,437) |
|
25,437 | ||||||
|
|
|||||||
Total Investments (Cost $13,029,625) 100.0% |
20,322,420 | |||||||
Liabilities in Excess of Other Assets (0.0)%(b) |
(1,593 | ) | ||||||
|
|
|||||||
Net Assets 100.0% |
$ | 20,320,827 | ||||||
|
|
* | Non-income producing security. |
(a) | Rate disclosed, the 7 day net yield, is as of June 30, 2014. |
(b) | Less than 0.05% of Net Assets. |
Investment Abbreviations
SP ADR |
Sponsored American Depositary Receipt |
See Notes to Schedules of Portfolio Investments.
SCHEDULES OF PORTFOLIO INVESTMENTS
RIDGEWORTH FUNDS June 30, 2014 (Unaudited)
Small Cap Growth Stock Fund
Shares | Value($) | |||||||
Common Stocks 98.8% |
||||||||
Consumer Discretionary 18.3% |
||||||||
American Axle & Manufacturing Holdings, Inc.* |
80,168 | 1,514,374 | ||||||
Asbury Automotive Group, Inc.* |
26,292 | 1,807,312 | ||||||
Beazer Homes USA, Inc.* |
57,947 | 1,215,728 | ||||||
Belmond Ltd., CI A* |
75,363 | 1,095,778 | ||||||
Buffalo Wild Wings, Inc.* |
9,454 | 1,566,622 | ||||||
Capella Education Co. |
30,391 | 1,652,967 | ||||||
Carmike Cinemas, Inc.* |
31,974 | 1,123,247 | ||||||
Five Below, Inc.* |
60,268 | 2,405,296 | ||||||
G-III Apparel Group Ltd.* |
20,045 | 1,636,875 | ||||||
Gray Television, Inc.* |
140,413 | 1,843,623 | ||||||
Hibbett Sports, Inc.*(a) |
32,530 | 1,762,150 | ||||||
HomeAway, Inc.* |
47,593 | 1,657,188 | ||||||
Krispy Kreme Doughnuts, Inc.* |
65,382 | 1,044,804 | ||||||
Lumber Liquidators Holdings, Inc.*(a) |
23,313 | 1,770,622 | ||||||
Movado Group, Inc. |
20,413 | 850,610 | ||||||
Noodles & Co.*(a) |
43,373 | 1,491,597 | ||||||
Restoration Hardware Holdings, Inc.* |
13,449 | 1,251,429 | ||||||
RetailMeNot, Inc.*(a) |
29,026 | 772,382 | ||||||
Ryland Group, Inc. (The) |
38,972 | 1,537,056 | ||||||
Strayer Education, Inc.* |
28,474 | 1,495,170 | ||||||
Tenneco, Inc.* |
35,440 | 2,328,408 | ||||||
Zoes Kitchen, Inc.* |
5,067 | 174,203 | ||||||
|
|
|||||||
31,997,441 | ||||||||
|
|
|||||||
Consumer Staples 2.4% |
||||||||
Boulder Brands, Inc.* |
71,528 | 1,014,267 | ||||||
Hain Celestial Group, Inc. (The)* |
10,424 | 925,026 | ||||||
United Natural Foods, Inc.* |
34,054 | 2,216,915 | ||||||
|
|
|||||||
4,156,208 | ||||||||
|
|
|||||||
Energy 4.7% |
||||||||
C&J Energy Services, Inc.* |
52,002 | 1,756,628 | ||||||
Callon Petroleum Co.* |
66,480 | 774,492 | ||||||
Comstock Resources, Inc. |
24,507 | 706,782 | ||||||
Helix Energy Solutions Group, Inc.* |
31,009 | 815,847 | ||||||
Kodiak Oil & Gas Corp.* |
118,826 | 1,728,918 | ||||||
RigNet, Inc.* |
26,606 | 1,431,935 | ||||||
Willbros Group, Inc.* |
89,889 | 1,110,129 | ||||||
|
|
|||||||
8,324,731 | ||||||||
|
|
|||||||
Financials 9.1% |
||||||||
Cardtronics, Inc.* |
72,871 | 2,483,444 | ||||||
Cathay General Bancorp |
35,610 | 910,192 | ||||||
eHealth, Inc.* |
23,721 | 900,686 |
See Notes to Schedules of Portfolio Investments.
Encore Capital Group, Inc.*(a) |
45,625 | 2,072,287 | ||||||
Financial Engines, Inc. |
43,745 | 1,980,774 | ||||||
MGIC Investment Corp.* |
159,332 | 1,472,228 | ||||||
Portfolio Recovery Associates, Inc.* |
67,018 | 3,989,581 | ||||||
Radian Group, Inc. |
81,494 | 1,206,926 | ||||||
Stifel Financial Corp.* |
20,713 | 980,761 | ||||||
|
|
|||||||
15,996,879 | ||||||||
|
|
|||||||
Health Care 20.2% |
||||||||
ABIOMED, Inc.*(a) |
29,181 | 733,610 | ||||||
Acadia Healthcare Co., Inc.* |
25,581 | 1,163,936 | ||||||
Air Methods Corp.*(a) |
31,562 | 1,630,177 | ||||||
Align Technology, Inc.* |
35,254 | 1,975,634 | ||||||
Anika Therapeutics, Inc.* |
14,706 | 681,329 | ||||||
Arena Pharmaceuticals, Inc.* |
110,497 | 647,512 | ||||||
Auxilium Pharmaceuticals, Inc.*(a) |
25,756 | 516,665 | ||||||
AVANIR Pharmaceuticals, Inc.*(a) |
180,846 | 1,019,971 | ||||||
Cambrex Corp.* |
22,428 | 464,260 | ||||||
Cepheid, Inc.* |
29,900 | 1,433,406 | ||||||
Endologix, Inc.* |
56,142 | 853,920 | ||||||
Fluidigm Corp.* |
34,375 | 1,010,625 | ||||||
HealthSouth Corp. |
52,536 | 1,884,466 | ||||||
HeartWare International, Inc.* |
20,718 | 1,833,543 | ||||||
HMS Holdings Corp.* |
39,655 | 809,359 | ||||||
ICON PLC* |
34,799 | 1,639,381 | ||||||
Insmed, Inc.* |
30,266 | 604,715 | ||||||
Isis Pharmaceuticals, Inc.*(a) |
13,336 | 459,425 | ||||||
Keryx Biopharmaceuticals, Inc.*(a) |
91,755 | 1,411,192 | ||||||
Lannett Co., Inc.* |
22,674 | 1,125,084 | ||||||
LifePoint Hospitals, Inc.* |
37,460 | 2,326,266 | ||||||
Ligand Pharmaceuticals, Inc.* |
12,327 | 767,849 | ||||||
Medidata Solutions, Inc.* |
19,613 | 839,633 | ||||||
Neurocrine Biosciences, Inc.* |
41,923 | 622,137 | ||||||
NPS Pharmaceuticals, Inc.* |
37,184 | 1,228,931 | ||||||
NuVasive, Inc.* |
46,076 | 1,638,923 | ||||||
Omnicell, Inc.* |
49,848 | 1,431,136 | ||||||
Pacira Pharmaceuticals, Inc.* |
12,296 | 1,129,511 | ||||||
Puma Biotechnology, Inc.* |
7,109 | 469,194 | ||||||
Sangamo BioSciences, Inc.*(a) |
40,645 | 620,649 | ||||||
Team Health Holdings, Inc.* |
48,040 | 2,399,118 | ||||||
|
|
|||||||
35,371,557 | ||||||||
|
|
|||||||
Industrials 18.2% |
||||||||
Allegiant Travel Co. |
16,699 | 1,966,641 | ||||||
Astronics Corp.* |
18,652 | 1,052,905 | ||||||
Chart Industries, Inc.* |
13,341 | 1,103,834 | ||||||
Corporate Executive Board Co. (The) |
15,583 | 1,063,072 | ||||||
EMCOR Group, Inc. |
24,945 | 1,110,801 | ||||||
H&E Equipment Services, Inc.* |
46,549 | 1,691,591 | ||||||
HEICO Corp. |
34,080 | 1,770,115 | ||||||
Hub Group, Inc., Cl A* |
35,359 | 1,782,094 | ||||||
JetBlue Airways Corp.*(a) |
87,703 | 951,577 |
See Notes to Schedules of Portfolio Investments.
Kforce, Inc. |
65,174 | 1,411,017 | ||||||
MSA Safety, Inc. |
13,721 | 788,683 | ||||||
Mueller Water Products, Inc., Cl A |
232,979 | 2,012,939 | ||||||
Powell Industries, Inc. |
25,466 | 1,664,967 | ||||||
Power Solutions International, Inc.* |
10,014 | 720,708 | ||||||
Proto Labs, Inc.* |
24,974 | 2,045,870 | ||||||
Rexnord Corp.* |
38,626 | 1,087,322 | ||||||
Simpson Manufacturing Co., Inc. |
41,352 | 1,503,559 | ||||||
Spirit Airlines, Inc.* |
16,525 | 1,045,041 | ||||||
TrueBlue, Inc.* |
75,204 | 2,073,374 | ||||||
Universal Forest Products, Inc. |
24,832 | 1,198,641 | ||||||
USG Corp.* |
61,944 | 1,866,373 | ||||||
Woodward, Inc. |
37,874 | 1,900,517 | ||||||
|
|
|||||||
31,811,641 | ||||||||
|
|
|||||||
Information Technology 21.2% |
||||||||
Aspen Technology, Inc.* |
50,429 | 2,339,906 | ||||||
Bottomline Technologies, Inc.* |
70,388 | 2,106,009 | ||||||
ChannelAdvisor Corp.* |
39,285 | 1,035,553 | ||||||
CommVault Systems, Inc.* |
15,112 | 743,057 | ||||||
Cornerstone OnDemand, Inc.* |
46,693 | 2,148,812 | ||||||
Demandware, Inc.* |
16,120 | 1,118,244 | ||||||
Ellie Mae, Inc.* |
48,535 | 1,510,894 | ||||||
FleetMatics Group PLC* |
22,114 | 715,167 | ||||||
Guidewire Software, Inc.* |
35,460 | 1,441,804 | ||||||
Heartland Payment Systems, Inc. |
27,750 | 1,143,577 | ||||||
Imperva, Inc.* |
32,792 | 858,494 | ||||||
Infoblox, Inc.* |
75,100 | 987,565 | ||||||
Integrated Device Technology, Inc.* |
153,333 | 2,370,528 | ||||||
Marketo, Inc.* |
51,161 | 1,487,762 | ||||||
MAXIMUS, Inc. |
54,144 | 2,329,275 | ||||||
Proofpoint, Inc.* |
45,128 | 1,690,495 | ||||||
PROS Holdings, Inc.* |
18,115 | 478,961 | ||||||
QLIK Technologies, Inc.* |
65,650 | 1,485,003 | ||||||
Qualys, Inc.* |
53,264 | 1,367,287 | ||||||
SciQuest, Inc.* |
41,740 | 738,381 | ||||||
Synaptics, Inc.*(a) |
27,035 | 2,450,452 | ||||||
Ultimate Software Group, Inc.* |
20,055 | 2,770,999 | ||||||
Universal Display Corp.*(a) |
45,411 | 1,457,693 | ||||||
Yelp, Inc.*(a) |
17,863 | 1,369,735 | ||||||
Zillow, Inc.*(a) |
7,424 | 1,061,112 | ||||||
|
|
|||||||
37,206,765 | ||||||||
|
|
|||||||
Materials 3.7% |
||||||||
Flotek Industries, Inc.* |
63,073 | 2,028,428 | ||||||
Globe Specialty Metals, Inc. |
50,036 | 1,039,748 | ||||||
Headwaters, Inc.* |
181,992 | 2,527,869 | ||||||
Stillwater Mining Co.* |
48,458 | 850,438 | ||||||
|
|
|||||||
6,446,483 | ||||||||
|
|
|||||||
Telecommunication Services 1.0% |
||||||||
8x8, Inc.* |
209,980 | 1,696,638 | ||||||
|
|
|||||||
Total Common Stocks (Cost $136,874,792) |
|
173,008,343 | ||||||
|
|
See Notes to Schedules of Portfolio Investments.
Short-Term Investment 7.5% |
| |||||||
RidgeWorth Funds Securities Lending Joint Account(b) |
13,039,050 | 13,039,050 | ||||||
|
|
|||||||
Total Short-Term Investment (Cost $13,039,050) |
13,039,050 | |||||||
|
|
|||||||
Money Market Fund 0.5% |
||||||||
State Street Institutional Liquid Reserves Fund, Institutional Class, 0.06%(c) |
832,362 | 832,362 | ||||||
|
|
|||||||
Total Money Market Fund (Cost $832,362) |
832,362 | |||||||
|
|
|||||||
Total Investments (Cost $150,746,204) 106.8% |
186,879,755 | |||||||
Liabilities in Excess of Other Assets (6.8)% |
(11,843,452 | ) | ||||||
|
|
|||||||
Net Assets 100.0% |
$ | 175,036,303 | ||||||
|
|
* | Non-income producing security. |
(a) | The security or a partial position of the security was on loan as of June 30, 2014. The total value of securities on loan as of June 30, 2014 was $12,712,070. |
(b) | Purchased with cash collateral held from securities lending. The value of the collateral could include collateral held for securities that were sold on or before June 30, 2014 (See Note 2(i)). |
(c) | Rate disclosed, the 7 day net yield, is as of June 30, 2014. |
See Notes to Schedules of Portfolio Investments.
SCHEDULES OF PORTFOLIO INVESTMENTS
RIDGEWORTH FUNDS June 30, 2014
(Unaudited)
Small Cap Value Equity Fund
Shares | Value($) | |||||||
Common Stocks 99.7% |
||||||||
Consumer Discretionary 23.0% |
||||||||
AMC Entertainment Holdings, Inc., Cl A |
1,490,800 | 37,076,196 | ||||||
Arcos Dorados Holdings, Inc., Cl A |
2,499,900 | 27,998,880 | ||||||
Brunswick Corp. |
253,800 | 10,692,594 | ||||||
Chicos FAS, Inc. |
1,625,400 | 27,566,784 | ||||||
CST Brands, Inc. |
700,200 | 24,156,900 | ||||||
Destination Maternity Corp. |
149,029 | 3,393,390 | ||||||
Einstein Noah Restaurant Group, Inc. |
140,100 | 2,250,006 | ||||||
Guess?, Inc. |
1,649,054 | 44,524,458 | ||||||
HSN, Inc. |
924,600 | 54,773,304 | ||||||
Lithia Motors, Inc., Cl A |
300,600 | 28,277,442 | ||||||
Matthews International Corp., Cl A |
290,800 | 12,088,556 | ||||||
Meredith Corp. |
515,900 | 24,948,924 | ||||||
NutriSystem, Inc. |
421,450 | 7,211,010 | ||||||
Ruths Hospitality Group, Inc. |
275,300 | 3,399,955 | ||||||
Scholastic Corp. |
496,700 | 16,932,503 | ||||||
Sonic Automotive, Inc., Cl A |
745,700 | 19,895,276 | ||||||
Sothebys |
248,600 | 10,438,714 | ||||||
Thor Industries, Inc. |
627,200 | 35,668,864 | ||||||
|
|
|||||||
391,293,756 | ||||||||
|
|
|||||||
Consumer Staples 1.1% |
||||||||
WD-40 Co. |
255,650 | 19,229,993 | ||||||
|
|
|||||||
Energy 9.0% |
||||||||
Bristow Group, Inc. |
499,900 | 40,301,938 | ||||||
CARBO Ceramics, Inc. |
454,700 | 70,078,364 | ||||||
LinnCo LLC |
245,972 | 7,696,464 | ||||||
Patterson-UTI Energy, Inc. |
480,400 | 16,785,176 | ||||||
Tidewater, Inc. |
334,000 | 18,754,100 | ||||||
|
|
|||||||
153,616,042 | ||||||||
|
|
|||||||
Financials 25.9% |
||||||||
Alexander & Baldwin, Inc. |
424,000 | 17,574,800 | ||||||
Banco Latinoamericano de Expectaciones SA, Cl E |
234,150 | 6,947,231 | ||||||
Bank of Hawaii Corp. |
385,100 | 22,601,519 | ||||||
Campus Crest Communities, Inc., REIT |
971,700 | 8,414,922 | ||||||
CareTrust REIT, Inc.* |
180,400 | 3,571,920 | ||||||
Cash America International, Inc. |
926,250 | 41,153,287 | ||||||
Cohen & Steers, Inc. |
319,300 | 13,851,234 | ||||||
CubeSmart, REIT |
2,338,300 | 42,837,656 | ||||||
Evercore Partners, Inc., Cl A |
522,350 | 30,108,254 | ||||||
Hanover Insurance Group, Inc. (The) |
634,150 | 40,046,572 | ||||||
HCC Insurance Holdings, Inc. |
512,700 | 25,091,538 | ||||||
Horace Mann Educators Corp. |
553,900 | 17,320,453 |
See Notes to Schedules of Portfolio Investments.
JMP Group, Inc. |
493,600 | 3,736,552 | ||||||
Medical Properties Trust, Inc., REIT |
1,197,600 | 15,856,224 | ||||||
Monmouth Real Estate Investment Corp., Cl A REIT |
100,700 | 1,011,028 | ||||||
Oppenheimer Holdings, Inc., Cl A |
177,300 | 4,253,427 | ||||||
Parkway Properties, Inc., REIT |
1,478,100 | 30,522,765 | ||||||
Post Properties, Inc., REIT |
465,200 | 24,869,592 | ||||||
StanCorp Financial Group, Inc. |
917,000 | 58,688,000 | ||||||
Trust Co Bank Corp. NY |
371,500 | 2,481,620 | ||||||
UMB Financial Corp. |
471,850 | 29,910,572 | ||||||
|
|
|||||||
440,849,166 | ||||||||
|
|
|||||||
Health Care 4.7% |
||||||||
Ensign Group, Inc. |
180,400 | 5,606,832 | ||||||
Hill-Rom Holdings, Inc. |
445,000 | 18,471,950 | ||||||
Landauer, Inc. |
290,100 | 12,184,200 | ||||||
STERIS Corp. |
807,057 | 43,161,408 | ||||||
|
|
|||||||
79,424,390 | ||||||||
|
|
|||||||
Industrials 22.7% |
||||||||
AAR Corp. |
476,200 | 13,124,072 | ||||||
ABM Industries, Inc. |
589,900 | 15,915,502 | ||||||
Barnes Group, Inc. |
83,700 | 3,225,798 | ||||||
China Yuchai International Ltd. |
107,500 | 2,281,150 | ||||||
CLARCOR, Inc. |
465,800 | 28,809,730 | ||||||
EMCOR Group, Inc. |
502,500 | 22,376,325 | ||||||
Granite Construction, Inc. |
243,200 | 8,750,336 | ||||||
Great Lakes Dredge & Dock Corp.* |
981,800 | 7,844,582 | ||||||
Grupo Aeroportuario del Pacifico SA de CV SP ADR |
236,376 | 15,983,745 | ||||||
Grupo Aeroportuario del Sureste SAB de CV ADR |
4,150 | 527,133 | ||||||
Herman Miller, Inc. |
1,215,000 | 36,741,600 | ||||||
Interface, Inc. |
2,025,871 | 38,167,410 | ||||||
Kelly Services, Inc., Cl A |
576,800 | 9,903,656 | ||||||
Knoll, Inc. |
872,000 | 15,111,760 | ||||||
Luxfer Holdings PLC ADR |
471,300 | 8,931,135 | ||||||
Macquarie Infrastructure Co. LLC |
302,100 | 18,841,977 | ||||||
Manitowoc Co., Inc. (The) |
437,800 | 14,386,108 | ||||||
MSA Safety, Inc. |
350,000 | 20,118,000 | ||||||
Mueller Water Products, Inc., Cl A |
2,637,008 | 22,783,749 | ||||||
Progressive Waste Solutions Ltd. |
1,903,024 | 48,850,626 | ||||||
Ritchie Bros Auctioneers, Inc. |
349,800 | 8,622,570 | ||||||
Sun Hydraulics Corp. |
45,100 | 1,831,060 | ||||||
Tennant Co. |
139,200 | 10,623,744 | ||||||
Viad Corp. |
472,600 | 11,266,784 | ||||||
|
|
|||||||
385,018,552 | ||||||||
|
|
|||||||
Information Technology 5.6% |
||||||||
Black Box Corp. |
242,850 | 5,692,404 | ||||||
Daktronics, Inc. |
1,032,700 | 12,309,784 | ||||||
Fair Isaac Corp. |
654,400 | 41,724,544 | ||||||
Plantronics, Inc. |
729,750 | 35,064,488 | ||||||
|
|
|||||||
94,791,220 | ||||||||
|
|
See Notes to Schedules of Portfolio Investments.
Materials 6.5% |
| |||||||
A. Schulman, Inc. |
318,600 | 12,329,820 | ||||||
Cabot Corp. |
721,900 | 41,862,981 | ||||||
Carpenter Technology Corp. |
342,600 | 21,669,450 | ||||||
Globe Specialty Metals, Inc. |
121,800 | 2,531,004 | ||||||
Haynes International, Inc. |
150,200 | 8,499,818 | ||||||
Hecla Mining Co. |
6,962,000 | 24,018,900 | ||||||
|
|
|||||||
110,911,973 | ||||||||
|
|
|||||||
Utilities 1.2% |
||||||||
ALLETE, Inc. |
32,700 | 1,679,145 | ||||||
Avista Corp. |
55,350 | 1,855,332 | ||||||
California Water Service Group |
696,200 | 16,848,040 | ||||||
|
|
|||||||
20,382,517 | ||||||||
|
|
|||||||
Total Common Stocks (Cost $1,250,179,875) |
|
1,695,517,609 | ||||||
|
|
|||||||
Money Market Fund 0.1% |
||||||||
State Street Institutional Liquid Reserves Fund, Institutional Class, 0.06%(a) |
1,190,727 | 1,190,727 | ||||||
|
|
|||||||
Total Money Market Fund (Cost $1,190,727) |
1,190,727 | |||||||
|
|
|||||||
Total Investments (Cost $1,251,370,602) 99.8% |
1,696,708,336 | |||||||
Other Assets in Excess of Liabilities 0.2% |
2,563,589 | |||||||
|
|
|||||||
Net Assets 100.0% |
$ | 1,699,271,925 | ||||||
|
|
* | Non-income producing security. |
(a) | Rate disclosed, the 7 day net yield, is as of June 30, 2014. |
Investment Abbreviations
ADR |
American Depositary Receipt | |
REIT |
Real Estate Investment Trust | |
SP ADR |
Sponsored American Depositary Receipt |
See Notes to Schedules of Portfolio Investments.
SCHEDULES OF PORTFOLIO INVESTMENTS
RIDGEWORTH FUNDS June 30, 2014
(Unaudited)
Aggressive Growth Allocation Strategy
Shares | Value($) | |||||||
Equity Funds 71.9%(a) |
||||||||
RidgeWorth International Equity Fund |
93,536 | 1,181,360 | ||||||
RidgeWorth International Equity Index Fund |
5,009 | 29,351 | ||||||
RidgeWorth Large Cap Growth Stock Fund |
537,971 | 5,455,030 | ||||||
RidgeWorth Large Cap Value Equity Fund |
226,273 | 4,059,344 | ||||||
RidgeWorth Mid-Cap Value Equity Fund |
115,177 | 1,724,207 | ||||||
RidgeWorth Select Large Cap Growth Stock Fund |
2,832 | 83,958 | ||||||
RidgeWorth Small Cap Growth Stock Fund |
41,583 | 685,712 | ||||||
RidgeWorth Small Cap Value Equity Fund |
37,063 | 688,265 | ||||||
|
|
|||||||
Total Equity Funds (Cost $10,055,423) |
13,907,227 | |||||||
|
|
|||||||
Fixed Income Funds 10.8%(a) |
||||||||
RidgeWorth Corporate Bond Fund |
264 | 2,375 | ||||||
RidgeWorth High Income Fund |
17,419 | 128,204 | ||||||
RidgeWorth Intermediate Bond Fund |
152 | 1,495 | ||||||
RidgeWorth Seix Floating Rate High Income Fund |
15,425 | 139,906 | ||||||
RidgeWorth Seix High Yield Fund |
13,019 | 131,366 | ||||||
RidgeWorth Total Return Bond Fund |
148,399 | 1,573,032 | ||||||
RidgeWorth U.S. Government Securities Ultra-Short Bond Fund |
10,402 | 105,369 | ||||||
|
|
|||||||
Total Fixed Income Funds (Cost $2,101,102) |
2,081,747 | |||||||
|
|
|||||||
Exchange Traded Funds 16.5% |
||||||||
Consumer Discretionary Select Sector SPDR Fund |
1,181 | 78,820 | ||||||
Consumer Staples Select Sector SPDR Fund |
1,015 | 45,289 | ||||||
Energy Select Sector SPDR Fund |
891 | 89,189 | ||||||
Financial Select Sector SPDR Fund |
5,276 | 119,976 | ||||||
Health Care Select Sector SPDR Fund |
1,761 | 107,122 | ||||||
Industrial Select Sector SPDR Fund |
1,500 | 81,090 | ||||||
iShares Barclays 20+ Year Treasury Bond Fund |
533 | 60,506 | ||||||
iShares Barclays U.S. Treasury Inflation Protected Securities Fund |
223 | 25,725 | ||||||
iShares Core S&P 500 Fund |
7,726 | 1,522,022 | ||||||
iShares Core U.S. Aggregate Bond Fund |
3,620 | 396,028 | ||||||
iShares Dow Jones U.S. Real Estate Index Fund |
181 | 12,994 | ||||||
iShares MSCI EAFE Fund |
3,370 | 230,407 | ||||||
iShares MSCI Emerging Markets Index Fund |
4,287 | 185,327 | ||||||
iShares Russell 2000 Index Fund |
348 | 41,346 | ||||||
Market Vectors Gold Miners Fund |
197 | 5,211 | ||||||
Materials Select Sector SPDR Fund |
571 | 28,345 | ||||||
Technology Select Sector SPDR Fund |
4,132 | 158,462 | ||||||
Utilities Select Sector SPDR Fund |
116 | 5,134 | ||||||
|
|
|||||||
Total Exchange Traded Funds (Cost $2,345,711) |
3,192,993 | |||||||
|
|
See Notes to Schedules of Portfolio Investments.
Money Market Fund 0.9% |
| |||||||
State Street Institutional Treasury Money Market Fund, Institutional Class, 0.00%(b) |
176,539 | 176,539 | ||||||
|
|
|||||||
Total Money Market Fund (Cost $176,539) |
176,539 | |||||||
|
|
|||||||
Total Investments (Cost $14,678,775) 100.1% |
19,358,506 | |||||||
Liabilities in Excess of Other Assets (0.1)% |
(22,388 | ) | ||||||
|
|
|||||||
Net Assets 100.0% |
$ | 19,336,118 | ||||||
|
|
(a) | Affiliated investments. Investments are in each Funds I Shares. |
(b) | Rate disclosed, the 7 day net yield, is as of June 30, 2014. |
Investment Abbreviations
MSCI |
Morgan Stanley Capital International | |
SPDR |
Standard & Poors Depositary Receipt |
See Notes to Schedules of Portfolio Investments.
SCHEDULES OF PORTFOLIO INVESTMENTS
RIDGEWORTH FUNDS June 30, 2014
(Unaudited)
Conservative Allocation Strategy
Shares | Value($) | |||||||
Equity Funds 29.1%(a) |
||||||||
RidgeWorth International Equity Fund |
113,997 | 1,439,786 | ||||||
RidgeWorth International Equity Index Fund |
8,364 | 49,016 | ||||||
RidgeWorth Large Cap Growth Stock Fund |
710,467 | 7,204,139 | ||||||
RidgeWorth Large Cap Value Equity Fund |
298,266 | 5,350,895 | ||||||
RidgeWorth Mid-Cap Value Equity Fund |
152,019 | 2,275,721 | ||||||
RidgeWorth Select Large Cap Growth Stock Fund |
3,711 | 110,042 | ||||||
RidgeWorth Small Cap Growth Stock Fund |
54,180 | 893,433 | ||||||
RidgeWorth Small Cap Value Equity Fund |
48,754 | 905,366 | ||||||
|
|
|||||||
Total Equity Funds (Cost $14,630,767) |
18,228,398 | |||||||
|
|
|||||||
Fixed Income Funds 52.7%(a) |
||||||||
RidgeWorth Corporate Bond Fund |
4,535 | 40,817 | ||||||
RidgeWorth High Income Fund |
270,902 | 1,993,839 | ||||||
RidgeWorth Intermediate Bond Fund |
1,341 | 13,213 | ||||||
RidgeWorth Seix Floating Rate High Income Fund |
240,030 | 2,177,076 | ||||||
RidgeWorth Seix High Yield Fund |
202,639 | 2,044,630 | ||||||
RidgeWorth Total Return Bond Fund |
2,373,615 | 25,160,316 | ||||||
RidgeWorth U.S. Government Securities Ultra-Short Bond Fund |
162,559 | 1,646,720 | ||||||
|
|
|||||||
Total Fixed Income Funds (Cost $32,839,238) |
33,076,611 | |||||||
|
|
|||||||
Exchange Traded Funds 16.9% |
||||||||
Consumer Discretionary Select Sector SPDR Fund |
1,223 | 81,623 | ||||||
Consumer Staples Select Sector SPDR Fund |
1,057 | 47,163 | ||||||
Energy Select Sector SPDR Fund |
956 | 95,696 | ||||||
Financial Select Sector SPDR Fund |
5,637 | 128,185 | ||||||
Health Care Select Sector SPDR Fund |
1,901 | 115,638 | ||||||
Industrial Select Sector SPDR Fund |
1,574 | 85,090 | ||||||
iShares Barclays 20+ Year Treasury Bond Fund |
8,277 | 939,605 | ||||||
iShares Barclays U.S. Treasury Inflation Protected Securities Fund |
3,485 | 402,029 | ||||||
iShares Core S&P 500 Fund |
11,112 | 2,189,064 | ||||||
iShares Core U.S. Aggregate Bond Fund |
51,013 | 5,580,822 | ||||||
iShares Dow Jones U.S. Real Estate Index Fund |
244 | 17,517 | ||||||
iShares MSCI EAFE Fund |
6,083 | 415,895 | ||||||
iShares MSCI Emerging Markets Index Fund |
5,568 | 240,705 | ||||||
iShares Russell 2000 Index Fund |
573 | 68,078 | ||||||
Market Vectors Gold Miners Fund |
235 | 6,216 | ||||||
Materials Select Sector SPDR Fund |
584 | 28,990 | ||||||
Technology Select Sector SPDR Fund |
4,483 | 171,923 | ||||||
Utilities Select Sector SPDR Fund |
171 | 7,568 | ||||||
|
|
|||||||
Total Exchange Traded Funds (Cost $9,338,721) |
10,621,807 | |||||||
|
|
See Notes to Schedules of Portfolio Investments.
Money Market Fund 0.9% |
| |||||||
State Street Institutional Treasury Money Market Fund, Institutional Class, 0.00%(b) |
575,256 | 575,256 | ||||||
|
|
|||||||
Total Money Market Fund (Cost $575,256) |
575,256 | |||||||
|
|
|||||||
Total Investments (Cost $57,383,982) 99.6% |
62,502,072 | |||||||
Other Assets in Excess of Liabilities 0.4% |
275,170 | |||||||
|
|
|||||||
Net Assets 100.0% |
$ | 62,777,242 | ||||||
|
|
(a) | Affiliated investments. Investments are in each Funds I Shares. |
(b) | Rate disclosed, the 7 day net yield, is as of June 30, 2014. |
Investment Abbreviations
MSCI |
Morgan Stanley Capital International | |
SPDR |
Standard & Poors Depositary Receipt |
See Notes to Schedules of Portfolio Investments.
SCHEDULES OF PORTFOLIO INVESTMENTS
RIDGEWORTH FUNDS June 30, 2014
(Unaudited)
Growth Allocation Strategy
Shares | Value($) | |||||||
Equity Funds 62.7%(a) |
||||||||
RidgeWorth International Equity Fund |
272,834 | 3,445,897 | ||||||
RidgeWorth International Equity Index Fund |
7,110 | 41,664 | ||||||
RidgeWorth Large Cap Growth Stock Fund |
1,594,899 | 16,172,275 | ||||||
RidgeWorth Large Cap Value Equity Fund |
677,334 | 12,151,367 | ||||||
RidgeWorth Mid-Cap Value Equity Fund |
348,675 | 5,219,669 | ||||||
RidgeWorth Select Large Cap Growth Stock Fund |
16,511 | 489,545 | ||||||
RidgeWorth Small Cap Growth Stock Fund |
124,184 | 2,047,792 | ||||||
RidgeWorth Small Cap Value Equity Fund |
111,899 | 2,077,962 | ||||||
|
|
|||||||
Total Equity Funds (Cost $30,697,630) |
41,646,171 | |||||||
|
|
|||||||
Fixed Income Funds 19.0%(a) |
||||||||
RidgeWorth Corporate Bond Fund |
700 | 6,301 | ||||||
RidgeWorth High Income Fund |
105,154 | 773,935 | ||||||
RidgeWorth Intermediate Bond Fund |
164 | 1,612 | ||||||
RidgeWorth Seix Floating Rate High Income Fund |
93,464 | 847,717 | ||||||
RidgeWorth Seix High Yield Fund |
78,841 | 795,508 | ||||||
RidgeWorth Total Return Bond Fund |
898,403 | 9,523,075 | ||||||
RidgeWorth U.S. Government Securities Ultra-Short Bond Fund |
63,404 | 642,284 | ||||||
|
|
|||||||
Total Fixed Income Funds (Cost $12,053,822) |
12,590,432 | |||||||
|
|
|||||||
Exchange Traded Funds 17.5% |
||||||||
Consumer Discretionary Select Sector SPDR Fund |
3,137 | 209,363 | ||||||
Consumer Staples Select Sector SPDR Fund |
2,883 | 128,640 | ||||||
Energy Select Sector SPDR Fund |
2,472 | 247,447 | ||||||
Financial Select Sector SPDR Fund |
14,677 | 333,755 | ||||||
Health Care Select Sector SPDR Fund |
4,975 | 302,629 | ||||||
Industrial Select Sector SPDR Fund |
4,173 | 225,592 | ||||||
iShares Barclays 20+ Year Treasury Bond Fund |
3,231 | 366,783 | ||||||
iShares Barclays U.S. Treasury Inflation Protected Securities Fund |
1,432 | 165,196 | ||||||
iShares Core S&P 500 Fund |
25,509 | 5,025,273 | ||||||
iShares Core U.S. Aggregate Bond Fund |
22,002 | 2,407,019 | ||||||
iShares Dow Jones U.S. Real Estate Index Fund |
586 | 42,069 | ||||||
iShares MSCI EAFE Fund |
12,933 | 884,229 | ||||||
iShares MSCI Emerging Markets Index Fund |
12,758 | 551,528 | ||||||
iShares Russell 2000 Index Fund |
1,327 | 157,661 | ||||||
Market Vectors Gold Miners Fund |
293 | 7,750 | ||||||
Materials Select Sector SPDR Fund |
1,435 | 71,234 | ||||||
Technology Select Sector SPDR Fund |
11,554 | 443,096 | ||||||
Utilities Select Sector SPDR Fund |
416 | 18,412 | ||||||
|
|
|||||||
Total Exchange Traded Funds (Cost $8,848,345) |
11,587,676 | |||||||
|
|
See Notes to Schedules of Portfolio Investments.
Money Market Fund 0.9% |
| |||||||
State Street Institutional Treasury Money Market Fund, Institutional Class, 0.00%(b) |
602,350 | 602,350 | ||||||
|
|
|||||||
Total Money Market Fund (Cost $602,350) |
602,350 | |||||||
|
|
|||||||
Total Investments (Cost $52,202,147) 100.1% |
66,426,629 | |||||||
Liabilities in Excess of Other Assets (0.1)% |
(65,720 | ) | ||||||
|
|
|||||||
Net Assets 100.0% |
$ | 66,360,909 | ||||||
|
|
(a) | Affiliated investments. Investments are in each Funds I Shares. |
(b) | Rate disclosed, the 7 day net yield, is as of June 30, 2014. |
Investment Abbreviations
MSCI |
Morgan Stanley Capital International | |
SPDR |
Standard & Poors Depositary Receipt |
See Notes to Schedules of Portfolio Investments.
SCHEDULES OF PORTFOLIO INVESTMENTS
RIDGEWORTH FUNDS June 30, 2014
(Unaudited)
Moderate Allocation Strategy
Shares | Value($) | |||||||
Equity Funds 45.7%(a) |
||||||||
RidgeWorth International Equity Fund |
413,824 | 5,226,594 | ||||||
RidgeWorth International Equity Index Fund |
13,499 | 79,104 | ||||||
RidgeWorth Large Cap Growth Stock Fund |
2,481,807 | 25,165,521 | ||||||
RidgeWorth Large Cap Value Equity Fund |
1,032,304 | 18,519,531 | ||||||
RidgeWorth Mid-Cap Value Equity Fund |
533,094 | 7,980,422 | ||||||
RidgeWorth Select Large Cap Growth Stock Fund |
6,798 | 201,568 | ||||||
RidgeWorth Small Cap Growth Stock Fund |
187,655 | 3,094,430 | ||||||
RidgeWorth Small Cap Value Equity Fund |
167,229 | 3,105,436 | ||||||
|
|
|||||||
Total Equity Funds (Cost $46,408,721) |
63,372,606 | |||||||
|
|
|||||||
Fixed Income Funds 35.2%(a) |
||||||||
RidgeWorth Corporate Bond Fund |
481 | 4,330 | ||||||
RidgeWorth High Income Fund |
411,286 | 3,027,064 | ||||||
RidgeWorth Intermediate Bond Fund |
1,358 | 13,372 | ||||||
RidgeWorth Seix Floating Rate High Income Fund |
364,858 | 3,309,261 | ||||||
RidgeWorth Seix High Yield Fund |
307,522 | 3,102,900 | ||||||
RidgeWorth Total Return Bond Fund |
3,476,246 | 36,848,210 | ||||||
RidgeWorth U.S. Government Securities Ultra-Short Bond Fund |
246,677 | 2,498,838 | ||||||
|
|
|||||||
Total Fixed Income Funds (Cost $46,612,114) |
48,803,975 | |||||||
|
|
|||||||
Exchange Traded Funds 18.3% |
||||||||
Consumer Discretionary Select Sector SPDR Fund |
4,971 | 331,764 | ||||||
Consumer Staples Select Sector SPDR Fund |
4,473 | 199,585 | ||||||
Energy Select Sector SPDR Fund |
4,016 | 402,002 | ||||||
Financial Select Sector SPDR Fund |
23,499 | 534,367 | ||||||
Health Care Select Sector SPDR Fund |
7,917 | 481,591 | ||||||
Industrial Select Sector SPDR Fund |
6,690 | 361,661 | ||||||
iShares Barclays 20+ Year Treasury Bond Fund |
12,631 | 1,433,871 | ||||||
iShares Barclays U.S. Treasury Inflation Protected Securities Fund |
5,621 | 648,439 | ||||||
iShares Core S&P 500 Fund |
38,986 | 7,680,242 | ||||||
iShares Core U.S. Aggregate Bond Fund |
89,199 | 9,758,371 | ||||||
iShares Dow Jones U.S. Real Estate Index Fund |
859 | 61,668 | ||||||
iShares MSCI EAFE Fund |
20,154 | 1,377,929 | ||||||
iShares MSCI Emerging Markets Index Fund |
19,484 | 842,293 | ||||||
iShares Russell 2000 Index Fund |
2,923 | 347,282 | ||||||
Market Vectors Gold Miners Fund |
484 | 12,802 | ||||||
Materials Select Sector SPDR Fund |
2,567 | 127,426 | ||||||
Technology Select Sector SPDR Fund |
18,703 | 717,260 | ||||||
Utilities Select Sector SPDR Fund |
534 | 23,635 | ||||||
|
|
|||||||
Total Exchange Traded Funds (Cost $20,486,168) |
25,342,188 | |||||||
|
|
See Notes to Schedules of Portfolio Investments.
Money Market Fund 0.8% |
| |||||||
State Street Institutional Treasury Money Market Fund, Institutional Class, 0.00%(b) |
1,093,659 | 1,093,659 | ||||||
|
|
|||||||
Total Money Market Fund (Cost $1,093,659) |
1,093,659 | |||||||
|
|
|||||||
Total Investments (Cost $114,600,662) 100.0% |
138,612,428 | |||||||
Other Assets in Excess of Liabilities 0.0%(c) |
24,657 | |||||||
|
|
|||||||
Net Assets 100.0% |
$ | 138,637,085 | ||||||
|
|
(a) | Affiliated investments. Investments are in each Funds I Shares. |
(b) | Rate disclosed, the 7 day net yield, is as of June 30, 2014. |
(c) | Less than 0.05% of Net Assets. |
Investment Abbreviations
MSCI |
Morgan Stanley Capital International | |
SPDR |
Standard & Poors Depositary Receipt |
See Notes to Schedules of Portfolio Investments.
SCHEDULES OF PORTFOLIO INVESTMENTS
RIDGEWORTH FUNDS June 30, 2014
(Unaudited)
Core Bond Fund
Shares or Principal Amount($) |
Value($) | |||||||
Asset-Backed Securities 3.1% |
||||||||
Credit Card 2.2% |
||||||||
American Express Credit Account Master Trust, Series 2014-2, Cl A, 1.260%, 01/15/20(a) |
580,000 | 579,988 | ||||||
Barclays Dryrock Issuance Trust, Series 2014-2, Cl A, 0.491%, 03/16/20(b) |
930,000 | 930,000 | ||||||
Cabelas Master Credit Card Trust, Series 2014-1, Cl A, 0.502%, 03/16/20(b) |
413,000 | 413,229 | ||||||
Capital One Multi-Asset Execution Trust, Series 2006-B1, Cl B1, 0.432%, 01/15/19(b) |
823,000 | 819,173 | ||||||
Chase Issuance Trust, Series 2014-A1, Cl A1, 1.150%, 01/15/19 |
1,811,000 | 1,816,308 | ||||||
|
|
|||||||
4,558,698 | ||||||||
|
|
|||||||
Other 0.9% |
||||||||
Dominos Pizza Master Issuer LLC, Series 2012-1A, Cl A2, 5.216%, 01/25/42(c) |
1,655,186 | 1,778,700 | ||||||
|
|
|||||||
Total Asset-Backed Securities (Cost $6,203,129) |
|
6,337,398 | ||||||
|
|
|||||||
Collateralized Mortgage Obligations 8.0% |
||||||||
Agency Collateralized Mortgage Obligations 4.6% |
||||||||
Federal Home Loan Mortgage Corporation |
||||||||
Series 3745, Cl AY, REMIC, 4.000%, 10/15/30 |
126,000 | 133,295 | ||||||
Series 3768, Cl CB, 3.500%, 12/15/25 |
36,000 | 37,503 | ||||||
Series 3788, Cl YB, 3.500%, 01/15/26 |
5,200,000 | 5,420,355 | ||||||
Series 3800, Cl CB, 3.500%, 02/15/26 |
42,000 | 43,714 | ||||||
Series 3806, Cl L, 3.500%, 02/15/26 |
399,000 | 413,801 | ||||||
Series 3877, Cl LM, 3.500%, 06/15/26 |
26,000 | 27,045 | ||||||
Series 4065, Cl CL, 3.000%, 06/15/27 |
838,000 | 817,756 | ||||||
Series 4077, Cl B, 3.000%, 07/15/27 |
731,000 | 712,988 | ||||||
Series 4313, Cl LY, 3.000%, 03/15/29 |
174,000 | 169,004 | ||||||
|
|
|||||||
7,775,461 | ||||||||
|
|
|||||||
Federal National Mortgage Association |
||||||||
Series 2012-17, Cl BC, 3.500%, 03/25/27 |
1,379,000 | 1,417,008 | ||||||
Series 2012-93, Cl CY, 1.500%, 09/25/27 |
232,000 | 191,004 | ||||||
|
|
|||||||
1,608,012 | ||||||||
|
|
|||||||
9,383,473 | ||||||||
|
|
|||||||
Commercial Mortgage Backed Securities 3.4% |
||||||||
GS Mortgage Securities Corp. II |
||||||||
Series 2012-ALOH, Cl A, 3.551%, 04/10/34(c) |
746,000 | 772,842 | ||||||
Series 2012-BWTR, Cl B, 3.255%, 11/05/34(c) |
1,195,000 | 1,185,145 | ||||||
|
|
|||||||
1,957,987 | ||||||||
|
|
|||||||
GS Mortgage Securities Trust |
||||||||
Series 2011-GC5, Cl AS, 5.209%, 08/10/44(b)(c) |
440,000 | 498,911 | ||||||
|
|
|||||||
JPMorgan Chase Commercial Mortgage Securities Trust |
||||||||
Series 2011-C3, Cl D, 5.570%, 02/15/46(b)(c) |
1,314,000 | 1,463,428 | ||||||
|
|
|||||||
JPMorgan Chase Commercial Mortgage Securities Corp. |
||||||||
Series 2010-C2, Cl C, 5.510%, 11/15/43(b)(c) |
906,000 | 1,023,204 | ||||||
|
|
See Notes to Schedules of Portfolio Investments.
OBP Depositor LLC Trust |
| |||||||
Series 2010-OBP, Cl A, 4.646%, 07/15/45(c) |
866,000 | 965,901 | ||||||
|
|
|||||||
WFRBS Commercial Mortgage Trust 2011-C3 |
||||||||
Series 2011-C3, Cl D, 5.550%, 03/15/44(b)(c) |
1,019,000 | 1,086,068 | ||||||
|
|
|||||||
6,995,499 | ||||||||
|
|
|||||||
Total Collateralized Mortgage Obligations (Cost $16,251,778) |
|
16,378,972 | ||||||
|
|
|||||||
Corporate Bonds 23.3% |
||||||||
Aerospace/Defense 0.3% |
||||||||
L-3 Communications Corp., 3.950%, 05/28/24 |
568,000 | 571,878 | ||||||
|
|
|||||||
Agriculture 0.3% |
||||||||
Japan Tobacco, Inc., 2.100%, 07/23/18(c) |
693,000 | 699,059 | ||||||
|
|
|||||||
Airlines 0.8% |
||||||||
American Airlines Pass Through Trust, 4.950%, 01/15/23(c) |
1,034,447 | 1,119,789 | ||||||
United Airlines Pass Through Trust, Series 2014-1, Cl A, 4.000%, 04/11/26 |
416,000 | 421,720 | ||||||
|
|
|||||||
1,541,509 | ||||||||
|
|
|||||||
Auto Manufacturers 0.4% |
||||||||
Daimler Finance N.A. LLC, 3.875%, 09/15/21(c) |
434,000 | 462,583 | ||||||
Volkswagen International Finance, 2.375%, 03/22/17(c) |
381,000 | 392,929 | ||||||
|
|
|||||||
855,512 | ||||||||
|
|
|||||||
Auto Parts & Equipment 0.2% |
||||||||
Delphi Corp., 4.150%, 03/15/24 |
306,000 | 317,732 | ||||||
|
|
|||||||
Banks 5.9% |
||||||||
Bank of America Corp., 2.600%, 01/15/19 |
550,000 | 556,470 | ||||||
Bank of America Corp., 4.000%, 04/01/24, MTN |
388,000 | 395,966 | ||||||
Bank of America NA, 1.250%, 02/14/17 |
696,000 | 696,862 | ||||||
Citigroup, Inc., 2.500%, 09/26/18 |
827,000 | 840,479 | ||||||
Citigroup, Inc., 4.950%, 11/07/43 |
539,000 | 575,544 | ||||||
Credit Suisse New York, 2.300%, 05/28/19, MTN |
800,000 | 801,285 | ||||||
Fifth Third Bank, 1.450%, 02/28/18 |
685,000 | 682,700 | ||||||
Goldman Sachs Group, Inc. (The), 2.625%, 01/31/19 |
701,000 | 710,528 | ||||||
HSBC Bank PLC, 3.500%, 06/28/15(c) |
447,000 | 460,552 | ||||||
Huntington National Bank (The), 1.300%, 11/20/16 |
602,000 | 604,619 | ||||||
Intesa Sanpaolo SpA, 5.017%, 06/26/24(c) |
457,000 | 462,399 | ||||||
JPMorgan Chase & Co., 3.625%, 05/13/24 |
623,000 | 625,498 | ||||||
JPMorgan Chase & Co., Series V, 5.000%(b)(d) |
653,000 | 650,580 | ||||||
KeyBank NA, 1.650%, 02/01/18 |
831,000 | 831,715 | ||||||
Morgan Stanley, Series F, 3.875%, 04/29/24 |
396,000 | 400,799 | ||||||
Morgan Stanley, 5.000%, 11/24/25 |
636,000 | 678,337 | ||||||
PNC Funding Corp., 3.300%, 03/08/22 |
87,000 | 88,723 | ||||||
US Bank NA, 1.100%, 01/30/17 |
719,000 | 721,711 | ||||||
Wells Fargo & Co., 1.250%, 02/13/15, MTN |
589,000 | 592,439 | ||||||
Wells Fargo & Co., 4.100%, 06/03/26, MTN |
684,000 | 692,618 | ||||||
|
|
|||||||
12,069,824 | ||||||||
|
|
|||||||
Beverages 0.3% |
||||||||
SABMiller Holdings, Inc., 2.450%, 01/15/17(c) |
683,000 | 703,827 | ||||||
|
|
|||||||
Chemicals 0.2% |
||||||||
Praxair, Inc., 4.625%, 03/30/15 |
414,000 | 427,185 | ||||||
|
|
|||||||
Commercial Services 0.8% |
||||||||
ERAC USA Finance LLC, 2.750%, 03/15/17(c) |
260,000 | 268,135 | ||||||
ERAC USA Finance LLC, 3.850%, 11/15/24(c) |
210,000 | 211,555 | ||||||
ERAC USA Finance LLC, 5.250%, 10/01/20(c) |
401,000 | 455,522 | ||||||
ERAC USA Finance LLC, 5.600%, 05/01/15(c) |
589,000 | 612,741 | ||||||
|
|
|||||||
1,547,953 | ||||||||
|
|
See Notes to Schedules of Portfolio Investments.
Computers 0.8% |
| |||||||
Apple, Inc., 2.850%, 05/06/21 |
690,000 | 695,944 | ||||||
IBM Corp., 0.875%, 10/31/14 |
993,000 | 994,969 | ||||||
|
|
|||||||
1,690,913 | ||||||||
|
|
|||||||
Diversified Financial Services 2.4% |
||||||||
American Express Credit Corp., 2.375%, 03/24/17, MTN |
254,000 | 262,588 | ||||||
Ford Motor Credit Co. LLC, 5.000%, 05/15/18 |
733,000 | 815,427 | ||||||
General Electric Capital Corp., 3.450%, 05/15/24, MTN |
659,000 | 661,358 | ||||||
John Deere Capital Corp., 1.250%, 12/02/14, MTN |
524,000 | 526,192 | ||||||
Lazard Group LLC, 4.250%, 11/14/20 |
660,000 | 691,479 | ||||||
MassMutual Global Funding LLC, 2.000%, 04/05/17(c) |
370,000 | 378,258 | ||||||
Nomura Holdings, Inc., 2.750%, 03/19/19, MTN |
280,000 | 284,843 | ||||||
PACCAR Financial Corp., 1.550%, 09/29/14, MTN |
693,000 | 695,245 | ||||||
Toyota Motor Credit Corp., 3.200%, 06/17/15, MTN |
241,000 | 247,620 | ||||||
Woodside Finance Ltd., 4.600%, 05/10/21(c) |
383,000 | 418,062 | ||||||
|
|
|||||||
4,981,072 | ||||||||
|
|
|||||||
Electric 0.3% |
||||||||
Berkshire Hathaway Energy Co., 6.125%, 04/01/36 |
177,000 | 219,451 | ||||||
Dominion Resources, Inc., 1.950%, 08/15/16 |
195,000 | 199,374 | ||||||
Exelon Generation Co. LLC, 6.200%, 10/01/17 |
222,000 | 252,932 | ||||||
|
|
|||||||
671,757 | ||||||||
|
|
|||||||
Electronics 0.1% |
||||||||
Thermo Fisher Scientific, Inc., 5.300%, 02/01/44 |
190,000 | 210,884 | ||||||
|
|
|||||||
Healthcare - Services 0.2% |
||||||||
Howard Hughes Medical Institute, 3.500%, 09/01/23 |
323,000 | 332,549 | ||||||
UnitedHealth Group, Inc., 4.250%, 03/15/43 |
152,000 | 148,545 | ||||||
|
|
|||||||
481,094 | ||||||||
|
|
|||||||
Insurance 1.4% |
||||||||
American International Group, Inc., 5.850%, 01/16/18, MTN |
559,000 | 638,144 | ||||||
Arch Capital Group US, Inc., 5.144%, 11/01/43 |
513,000 | 555,065 | ||||||
Berkshire Hathaway, Inc., 3.200%, 02/11/15 |
517,000 | 526,110 | ||||||
Fairfax Financial Holdings Ltd., 5.800%, 05/15/21(c) |
224,000 | 242,178 | ||||||
Nationwide Financial Services, Inc., 5.375%, 03/25/21(c) |
650,000 | 723,858 | ||||||
Reinsurance Group of America, Inc., 4.700%, 09/15/23, MTN |
207,000 | 222,071 | ||||||
|
|
|||||||
2,907,426 | ||||||||
|
|
|||||||
Media 0.4% |
||||||||
Comcast Corp., 4.650%, 07/15/42 |
286,000 | 296,522 | ||||||
Time Warner, Inc., 4.900%, 06/15/42 |
436,000 | 444,030 | ||||||
|
|
|||||||
740,552 | ||||||||
|
|
|||||||
Mining 2.0% |
||||||||
Barrick (PD) Australia Finance Property Ltd., 4.950%, 01/15/20 |
144,000 | 158,303 | ||||||
Barrick (PD) Australia Finance Property Ltd., 5.950%, 10/15/39 |
885,000 | 929,034 | ||||||
Barrick International Barbados Corp., 6.350%, 10/15/36(c) |
685,000 | 720,269 | ||||||
Barrick North America Finance LLC, 5.750%, 05/01/43 |
127,000 | 131,559 | ||||||
BHP Billiton Finance USA Ltd., 1.125%, 11/21/14 |
542,000 | 543,828 | ||||||
Newmont Mining Corp., 6.250%, 10/01/39 |
1,445,000 | 1,518,684 | ||||||
|
|
|||||||
4,001,677 | ||||||||
|
|
|||||||
Miscellaneous Manufacturer 0.3% |
||||||||
3M Co., 1.375%, 09/29/16 |
194,000 | 197,410 | ||||||
General Electric Co., 4.125%, 10/09/42 |
194,000 | 191,604 | ||||||
General Electric Co., 5.250%, 12/06/17 |
181,000 | 204,213 | ||||||
|
|
|||||||
593,227 | ||||||||
|
|
See Notes to Schedules of Portfolio Investments.
Oil & Gas 0.5% |
| |||||||
BP Capital Markets PLC, 2.248%, 11/01/16 |
301,000 | 310,347 | ||||||
Continental Resources, Inc., 3.800%, 06/01/24(c) |
338,000 | 341,652 | ||||||
Ensco PLC, 4.700%, 03/15/21 |
241,000 | 262,543 | ||||||
|
|
|||||||
914,542 | ||||||||
|
|
|||||||
Oil & Gas Services 0.6% |
||||||||
Schlumberger Investment SA, 3.300%, 09/14/21(c) |
292,000 | 302,878 | ||||||
Weatherford International Ltd., 5.125%, 09/15/20 |
174,000 | 194,886 | ||||||
Weatherford International Ltd., 5.950%, 04/15/42 |
319,000 | 361,775 | ||||||
Weatherford International Ltd., 6.500%, 08/01/36 |
349,000 | 414,842 | ||||||
|
|
|||||||
1,274,381 | ||||||||
|
|
|||||||
Pharmaceuticals 0.5% |
||||||||
Express Scripts Holding Co., 2.650%, 02/15/17 |
270,000 | 280,504 | ||||||
Mylan, Inc., 3.125%, 01/15/23(c) |
148,000 | 142,282 | ||||||
Novartis Securities Investment Ltd., 5.125%, 02/10/19 |
162,000 | 184,650 | ||||||
Teva Pharmaceutical Finance Co. LLC, 6.150%, 02/01/36 |
310,000 | 374,824 | ||||||
|
|
|||||||
982,260 | ||||||||
|
|
|||||||
Pipelines 0.6% |
||||||||
DCP Midstream Operating LP, 5.600%, 04/01/44 |
184,000 | 203,273 | ||||||
Enterprise Products Operating LLC, 4.850%, 03/15/44 |
370,000 | 381,749 | ||||||
Kinder Morgan Energy Partners LP, 5.000%, 08/15/42 |
660,000 | 656,045 | ||||||
|
|
|||||||
1,241,067 | ||||||||
|
|
|||||||
Real Estate Investment Trust 0.7% |
||||||||
American Tower Corp., 3.500%, 01/31/23 |
291,000 | 285,366 | ||||||
American Tower Corp., 5.000%, 02/15/24 |
565,000 | 613,663 | ||||||
Digital Realty Trust LP, 5.875%, 02/01/20(e) |
472,000 | 524,584 | ||||||
|
|
|||||||
1,423,613 | ||||||||
|
|
|||||||
Retail 0.4% |
||||||||
Wal-Mart Stores, Inc., 1.125%, 04/11/18 |
892,000 | 880,098 | ||||||
|
|
|||||||
Semiconductors 0.9% |
||||||||
Analog Devices, Inc., 3.000%, 04/15/16 |
131,000 | 135,805 | ||||||
Intel Corp., 1.950%, 10/01/16 |
226,000 | 231,907 | ||||||
Intel Corp., 4.250%, 12/15/42 |
109,000 | 106,797 | ||||||
Intel Corp., 4.800%, 10/01/41 |
624,000 | 660,820 | ||||||
TSMC Global Ltd., 1.625%, 04/03/18(c) |
657,000 | 647,433 | ||||||
|
|
|||||||
1,782,762 | ||||||||
|
|
|||||||
Software 0.2% |
||||||||
Oracle Corp., 1.200%, 10/15/17 |
177,000 | 176,763 | ||||||
Oracle Corp., 2.375%, 01/15/19 |
219,000 | 222,685 | ||||||
|
|
|||||||
399,448 | ||||||||
|
|
|||||||
Telecommunication Services 1.8% |
||||||||
AT&T, Inc., 2.375%, 11/27/18 |
665,000 | 676,151 | ||||||
AT&T, Inc., 4.350%, 06/15/45 |
168,000 | 159,250 | ||||||
CC Holdings GS V LLC/Crown Castle GS III Corp., 3.849%, 04/15/23 |
711,000 | 713,761 | ||||||
Cisco Systems, Inc., 2.125%, 03/01/19 |
366,000 | 368,844 | ||||||
Cisco Systems, Inc., 5.500%, 02/22/16 |
229,000 | 247,489 | ||||||
Verizon Communications, Inc., 6.550%, 09/15/43 |
1,129,000 | 1,420,780 | ||||||
|
|
|||||||
3,586,275 | ||||||||
|
|
|||||||
Total Corporate Bonds (Cost $45,577,764) |
|
47,497,527 | ||||||
|
|
See Notes to Schedules of Portfolio Investments.
Municipal Bond 1.0% |
| |||||||
New York 1.0% |
||||||||
Utility Debt Securitization Authority, Series T, RB, 2.937%, 06/15/23 |
1,918,000 | 1,940,920 | ||||||
|
|
|||||||
Total Municipal Bond (Cost $1,917,943) |
|
1,940,920 | ||||||
|
|
|||||||
U.S. Government Agency Mortgages 24.9% |
||||||||
Federal Home Loan Mortgage Corporation |
||||||||
Pool #J14244, 3.000%, 01/01/26 |
761,412 | 790,758 | ||||||
Pool #J14245, 3.000%, 01/01/26 |
405,182 | 420,861 | ||||||
Pool #J17791, 3.000%, 01/01/27 |
493,018 | 511,648 | ||||||
Pool #J18800, 3.000%, 04/01/27(a) |
1,235,910 | 1,282,769 | ||||||
Pool #G14517, 2.500%, 07/01/27 |
1,309,569 | 1,330,666 | ||||||
Pool #J20118, 2.500%, 08/01/27 |
92,302 | 93,789 | ||||||
Pool #G14599, 2.500%, 11/01/27 |
1,133,987 | 1,152,255 | ||||||
Pool #E09023, 2.000%, 02/01/28 |
700,562 | 692,087 | ||||||
Pool #G30614, 3.500%, 12/01/32 |
1,797,862 | 1,879,913 | ||||||
Pool #A12413, 5.000%, 08/01/33 |
187,670 | 208,465 | ||||||
Pool #G05052, 5.000%, 10/01/33 |
119,333 | 132,389 | ||||||
Pool #G01779, 5.000%, 04/01/35 |
243,796 | 270,688 | ||||||
Pool #G01838, 5.000%, 07/01/35 |
54,801 | 60,844 | ||||||
Pool #G01837, 5.000%, 07/01/35 |
960,767 | 1,066,625 | ||||||
Pool #A37619, 4.500%, 09/01/35 |
32,747 | 35,490 | ||||||
Pool #G04997, 5.000%, 01/01/37 |
64,021 | 71,034 | ||||||
Pool #G05254, 5.000%, 01/01/37 |
656,817 | 728,845 | ||||||
Pool #Q06160, 4.000%, 02/01/37 |
142,214 | 150,864 | ||||||
Pool #G03296, 6.000%, 09/01/37 |
482,516 | 547,929 | ||||||
Pool #G05326, 5.000%, 02/01/38 |
244,956 | 271,749 | ||||||
Pool #G04337, 5.500%, 04/01/38 |
69,566 | 77,542 | ||||||
Pool #G08347, 4.500%, 06/01/39 |
263,246 | 285,076 | ||||||
Pool #G08353, 4.500%, 07/01/39 |
1,642,292 | 1,778,585 | ||||||
Pool #G06079, 6.000%, 07/01/39 |
110,750 | 124,323 | ||||||
Pool #A87874, 4.000%, 08/01/39 |
338,448 | 359,602 | ||||||
Pool #A89384, 4.000%, 10/01/39 |
101,320 | 107,482 | ||||||
Pool #A89148, 4.000%, 10/01/39 |
514,901 | 546,219 | ||||||
Pool #G08372, 4.500%, 11/01/39 |
960,027 | 1,039,515 | ||||||
Pool #A93101, 5.000%, 07/01/40 |
117,128 | 129,745 | ||||||
Pool #G06990, 5.500%, 08/01/40 |
1,092,318 | 1,217,562 | ||||||
Pool #A93996, 4.500%, 09/01/40 |
385,596 | 417,699 | ||||||
Pool #G06061, 4.000%, 10/01/40 |
739,738 | 784,732 | ||||||
Pool #A94362, 4.000%, 10/01/40 |
476,286 | 506,262 | ||||||
Pool #A94742, 4.000%, 11/01/40 |
80,861 | 85,893 | ||||||
Pool #A95084, 4.000%, 11/01/40 |
88,291 | 94,757 | ||||||
Pool #A95085, 4.000%, 11/01/40(a) |
647,189 | 686,553 | ||||||
Pool #A95796, 4.000%, 12/01/40 |
325,305 | 345,091 | ||||||
Pool #A95822, 4.000%, 12/01/40 |
780,550 | 829,204 | ||||||
Pool #A97047, 4.500%, 02/01/41 |
85,057 | 92,095 | ||||||
Pool #G06802, 4.500%, 10/01/41 |
757,300 | 819,981 | ||||||
|
|
|||||||
22,027,586 | ||||||||
|
|
|||||||
Federal National Mortgage Association |
||||||||
Pool #AM3353, 2.450%, 05/01/23 |
163,756 | 159,181 | ||||||
Pool #AM3851, 3.020%, 07/01/23 |
1,249,000 | 1,260,981 | ||||||
Pool #AM4353, 3.740%, 09/01/23 |
118,797 | 127,016 | ||||||
Pool #AM5146, 3.470%, 01/01/24 |
397,708 | 416,615 | ||||||
Pool #AM5696, 3.370%, 05/01/24 |
1,262,000 | 1,312,912 | ||||||
Pool #AL3274, 3.000%, 05/01/27 |
1,147,357 | 1,194,713 | ||||||
Pool #AP9623, 2.000%, 10/01/27 |
378,712 | 374,342 | ||||||
Pool #AB6472, 2.000%, 10/01/27 |
479,438 | 473,905 |
See Notes to Schedules of Portfolio Investments.
Pool #AL2716, 2.000%, 12/01/27 |
399,796 | 395,182 | ||||||
Pool #AB7142, 2.500%, 12/01/27 |
326,648 | 332,267 | ||||||
Pool #AB7158, 2.500%, 12/01/27 |
450,528 | 458,280 | ||||||
Pool #AR1524, 2.000%, 01/01/28 |
1,022,568 | 1,010,767 | ||||||
Pool #AR6867, 2.000%, 02/01/28 |
567,319 | 560,771 | ||||||
Pool #AB1763, 4.000%, 11/01/30 |
172,035 | 185,058 | ||||||
Pool #MA0804, 4.000%, 07/01/31 |
467,284 | 502,949 | ||||||
Pool #MA0949, 3.500%, 01/01/32 |
225,907 | 236,932 | ||||||
Pool #AP9592, 3.500%, 10/01/32 |
1,220,970 | 1,280,256 | ||||||
Pool #MA1630, 4.000%, 10/01/33 |
249,921 | 267,844 | ||||||
Pool #745044, 4.500%, 08/01/35 |
307,519 | 333,565 | ||||||
Pool #878094, 6.000%, 04/01/36 |
1,441,592 | 1,634,252 | ||||||
Pool #190370, 6.000%, 06/01/36 |
491,756 | 555,415 | ||||||
Pool #AI7951, 4.500%, 08/01/36 |
395,867 | 428,900 | ||||||
Pool #890547, 4.000%, 11/01/36 |
945,786 | 1,005,149 | ||||||
Pool #AJ5974, 4.000%, 12/01/36 |
132,624 | 140,948 | ||||||
Pool #995082, 5.500%, 08/01/37 |
696,993 | 783,410 | ||||||
Pool #890248, 6.000%, 08/01/37 |
136,735 | 155,002 | ||||||
Pool #889529, 6.000%, 03/01/38 |
26,883 | 30,274 | ||||||
Pool #995243, 4.500%, 08/01/38 |
504,852 | 546,979 | ||||||
Pool #AU4728, 4.000%, 09/01/38 |
421,306 | 447,750 | ||||||
Pool #930672, 4.500%, 03/01/39 |
188,265 | 205,933 | ||||||
Pool #AC1877, 4.500%, 09/01/39 |
269,612 | 292,242 | ||||||
Pool #AC5445, 5.000%, 11/01/39 |
295,618 | 331,849 | ||||||
Pool #AE0215, 4.000%, 12/01/39 |
214,200 | 227,645 | ||||||
Pool #932441, 4.000%, 01/01/40 |
1,255,875 | 1,334,702 | ||||||
Pool #AC9564, 4.500%, 02/01/40 |
358,405 | 391,634 | ||||||
Pool #AD1649, 4.000%, 03/01/40 |
229,121 | 243,503 | ||||||
Pool #AE0216, 4.000%, 08/01/40 |
494,676 | 525,725 | ||||||
Pool #AD8033, 4.000%, 08/01/40 |
89,987 | 95,635 | ||||||
Pool #AB1343, 4.500%, 08/01/40 |
675,285 | 739,075 | ||||||
Pool #AE4192, 4.000%, 10/01/40 |
681,541 | 724,987 | ||||||
Pool #AE4113, 4.000%, 10/01/40 |
146,347 | 155,533 | ||||||
Pool #AE0624, 4.000%, 11/01/40 |
253,115 | 269,002 | ||||||
Pool #AE4414, 4.000%, 11/01/40 |
760,357 | 808,082 | ||||||
Pool #AE5143, 4.000%, 11/01/40 |
102,570 | 109,008 | ||||||
Pool #AE9284, 4.000%, 11/01/40 |
191,821 | 203,861 | ||||||
Pool #AE0625, 4.000%, 12/01/40 |
233,889 | 249,525 | ||||||
Pool #AH3586, 4.000%, 01/01/41 |
486,344 | 516,870 | ||||||
Pool #MA0639, 4.000%, 02/01/41 |
350,746 | 372,761 | ||||||
Pool #AL0240, 4.000%, 04/01/41 |
550,309 | 585,830 | ||||||
Pool #AB2694, 4.500%, 04/01/41 |
478,327 | 519,991 | ||||||
Pool #AL0215, 4.500%, 04/01/41 |
1,252,175 | 1,358,826 | ||||||
Pool #AB3274, 4.500%, 07/01/41 |
1,711,074 | 1,866,134 | ||||||
|
|
|||||||
28,739,968 | ||||||||
|
|
|||||||
Total U.S. Government Agency Mortgages (Cost $49,535,417) |
|
50,767,554 | ||||||
|
|
|||||||
U.S. Treasury Obligations 37.4% |
||||||||
U.S. Treasury Bond 3.9% |
||||||||
3.625%, 02/15/44 |
7,591,000 | 8,010,873 | ||||||
|
|
|||||||
U.S. Treasury Notes 33.5% |
||||||||
0.500%, 10/15/14 |
17,148,000 | 17,169,435 | ||||||
0.500%, 06/15/16 |
4,643,000 | 4,648,804 | ||||||
0.875%, 02/28/17 |
15,619,000 | 15,676,353 | ||||||
1.500%, 01/31/19(f) |
11,944,000 | 11,936,535 | ||||||
2.500%, 05/15/24 |
18,952,000 | 18,925,353 | ||||||
|
|
|||||||
68,356,480 | ||||||||
|
|
|||||||
Total U.S. Treasury Obligations (Cost $76,058,840) |
|
76,367,353 | ||||||
|
|
See Notes to Schedules of Portfolio Investments.
Foreign Government Bonds 1.1% |
| |||||||
Sovereign 1.1% |
||||||||
Brazilian Government International Bond, 7.125%, 01/20/37 |
232,000 | 293,480 | ||||||
Colombia Government International Bond, 7.375%, 09/18/37 |
134,000 | 182,240 | ||||||
Indonesia Government International Bond, 6.625%, 02/17/37(c) |
621,000 | 689,310 | ||||||
Mexico Government International Bond, 5.550%, 01/21/45 |
614,000 | 698,425 | ||||||
Turkey Government International Bond, 6.875%, 03/17/36 |
408,000 | 480,420 | ||||||
|
|
|||||||
Total Foreign Government Bonds (Cost $2,188,670) |
|
2,343,875 | ||||||
|
|
|||||||
Short-Term Investment 0.3% |
||||||||
RidgeWorth Funds Securities Lending Joint Account(g) |
522,000 | 522,000 | ||||||
|
|
|||||||
Total Short-Term Investment (Cost $522,000) |
|
522,000 | ||||||
|
|
|||||||
Money Market Fund 2.8% |
||||||||
State Street Institutional Treasury Money Market Fund, Institutional Class, 0.00%(h) |
5,672,573 | 5,672,573 | ||||||
|
|
|||||||
Total Money Market Fund (Cost $5,672,573) |
|
5,672,573 | ||||||
|
|
|||||||
Total Investments (Cost $203,928,114) 101.9% |
207,828,172 | |||||||
Liabilities in Excess of Other Assets (1.9)% |
(3,820,935 | ) | ||||||
|
|
|||||||
Net Assets 100.0% |
$ | 204,007,237 | ||||||
|
|
(a) | All or a portion of this security has been purchased on a when-issued or delayed-delivery basis. |
(b) | Variable or floating rate security. Rate disclosed is as of June 30, 2014. |
(c) | Rule 144A, Section 4(2) or other security which is restricted as to resale to institutional investors. The Funds investment adviser/subadviser has deemed this security to be liquid based upon procedures approved by the Board of Trustees. These securities represent 9.4% of net assets as of June 30, 2014. |
(d) | Perpetual maturity. |
(e) | The security or a partial position of the security was on loan as of June 30, 2014. The total value of securities on loan as of June 30, 2014 was $511,077. |
(f) | All or a portion of this security has been segregated, or otherwise earmarked, in connection with obligations for when-issued or delayed-delivery purchase commitments. |
(g) | Purchased with cash collateral held from securities lending. The value of the collateral could include collateral held for securities that were sold on or before June 30, 2014 (See Note 2(i)). |
(h) | Rate disclosed, the 7 day net yield, is as of June 30, 2014. |
Investment Abbreviations
MTN |
Medium Term Note | |
RB |
Revenue Bond | |
REMIC |
Real Estate Mortgage Investment Conduit |
See Notes to Schedules of Portfolio Investments.
SCHEDULES OF PORTFOLIO INVESTMENTS
RIDGEWORTH FUNDS June 30, 2014
(Unaudited)
Corporate Bond Fund
Shares or Principal Amount($) |
Value($) | |||||||
Corporate Bonds 97.5% |
||||||||
Aerospace/Defense 1.2% |
||||||||
L-3 Communications Corp., 3.950%, 05/28/24 |
451,000 | 454,079 | ||||||
|
|
|||||||
Agriculture 1.2% |
||||||||
Japan Tobacco, Inc., 2.100%, 07/23/18(a) |
450,000 | 453,934 | ||||||
|
|
|||||||
Airlines 3.0% |
||||||||
American Airlines Pass Through Trust, 4.950%, 01/15/23(a) |
665,695 | 720,614 | ||||||
United Airlines Pass Through Trust, Series 2014-1, Cl A, 4.000%, 04/11/26 |
442,000 | 448,078 | ||||||
|
|
|||||||
1,168,692 | ||||||||
|
|
|||||||
Auto Manufacturers 2.3% |
||||||||
General Motors Co., 6.250%, 10/02/43(a) |
759,000 | 870,953 | ||||||
|
|
|||||||
Auto Parts & Equipment 1.0% |
||||||||
Delphi Corp., 4.150%, 03/15/24 |
387,000 | 401,838 | ||||||
|
|
|||||||
Banks 21.9% |
||||||||
Bank of America Corp., 2.600%, 01/15/19 |
537,000 | 543,317 | ||||||
Bank of America Corp., 4.000%, 04/01/24, MTN |
527,000 | 537,820 | ||||||
Bank of America NA, 1.250%, 02/14/17 |
410,000 | 410,508 | ||||||
Citigroup, Inc., 2.500%, 09/26/18 |
794,000 | 806,941 | ||||||
Citigroup, Inc., 4.950%, 11/07/43 |
479,000 | 511,476 | ||||||
Credit Suisse New York, 2.300%, 05/28/19, MTN |
636,000 | 637,021 | ||||||
Fifth Third Bank, 1.450%, 02/28/18 |
625,000 | 622,901 | ||||||
Goldman Sachs Group, Inc. (The), 2.625%, 01/31/19 |
726,000 | 735,868 | ||||||
Intesa Sanpaolo SpA, 5.017%, 06/26/24(a) |
360,000 | 364,253 | ||||||
JPMorgan Chase & Co., 3.625%, 05/13/24 |
608,000 | 610,438 | ||||||
JPMorgan Chase & Co., Series V, 5.000%(b)(c) |
529,000 | 527,040 | ||||||
KeyBank NA, 1.650%, 02/01/18 |
299,000 | 299,257 | ||||||
Morgan Stanley, Series F, 3.875%, 04/29/24 |
285,000 | 288,454 | ||||||
Morgan Stanley, 5.000%, 11/24/25 |
610,000 | 650,607 | ||||||
Morgan Stanley, Series H, 5.450%(b)(c) |
204,000 | 207,721 | ||||||
PNC Funding Corp., 3.300%, 03/08/22 |
88,000 | 89,743 | ||||||
Wells Fargo & Co., 4.100%, 06/03/26, MTN |
540,000 | 546,803 | ||||||
|
|
|||||||
8,390,168 | ||||||||
|
|
|||||||
Beverages 1.0% |
||||||||
SABMiller Holdings, Inc., 2.450%, 01/15/17(a) |
392,000 | 403,954 | ||||||
|
|
|||||||
Commercial Services 3.0% |
||||||||
ERAC USA Finance LLC, 2.750%, 03/15/17(a) |
334,000 | 344,450 | ||||||
ERAC USA Finance LLC, 2.800%, 11/01/18(a) |
353,000 | 364,589 | ||||||
ERAC USA Finance LLC, 3.850%, 11/15/24(a) |
167,000 | 168,237 | ||||||
ERAC USA Finance LLC, 5.250%, 10/01/20(a) |
251,000 | 285,127 | ||||||
|
|
|||||||
1,162,403 | ||||||||
|
|
|||||||
Computers 1.9% |
||||||||
Apple, Inc., 2.850%, 05/06/21 |
710,000 | 716,117 | ||||||
|
|
See Notes to Schedules of Portfolio Investments.
Diversified Financial Services 12.8% |
| |||||||
American Express Credit Corp., 1.750%, 06/12/15, MTN |
705,000 | 713,942 | ||||||
Ford Motor Credit Co. LLC, 5.000%, 05/15/18 |
587,000 | 653,009 | ||||||
General Electric Capital Corp., 3.450%, 05/15/24, MTN |
601,000 | 603,150 | ||||||
Lazard Group LLC, 4.250%, 11/14/20 |
636,000 | 666,334 | ||||||
Lazard Group LLC, 6.850%, 06/15/17 |
596,000 | 676,176 | ||||||
MassMutual Global Funding LLC, 2.000%, 04/05/17(a) |
266,000 | 271,937 | ||||||
Nomura Holdings, Inc., 2.750%, 03/19/19, MTN |
296,000 | 301,120 | ||||||
Toyota Motor Credit Corp., 3.200%, 06/17/15, MTN |
419,000 | 430,509 | ||||||
Woodside Finance Ltd., 4.600%, 05/10/21(a) |
531,000 | 579,610 | ||||||
|
|
|||||||
4,895,787 | ||||||||
|
|
|||||||
Electric 3.7% |
||||||||
Dominion Resources, Inc., 1.950%, 08/15/16 |
220,000 | 224,934 | ||||||
Exelon Generation Co. LLC, 6.200%, 10/01/17 |
316,000 | 360,030 | ||||||
FirstEnergy Transmission LLC, 5.450%, 07/15/44(a) |
618,000 | 626,154 | ||||||
Pacific Gas & Electric Co., 5.125%, 11/15/43 |
202,000 | 226,371 | ||||||
|
|
|||||||
1,437,489 | ||||||||
|
|
|||||||
Healthcare - Services 0.6% |
||||||||
UnitedHealth Group, Inc., 4.250%, 03/15/43 |
220,000 | 214,999 | ||||||
|
|
|||||||
Insurance 5.9% |
||||||||
Allied World Assurance Co. Holdings Ltd., 5.500%, 11/15/20 |
221,000 | 249,668 | ||||||
American International Group, Inc., 5.850%, 01/16/18, MTN |
555,000 | 633,578 | ||||||
Arch Capital Group US, Inc., 5.144%, 11/01/43 |
521,000 | 563,721 | ||||||
AXIS Specialty Finance PLC, 5.150%, 04/01/45 |
246,000 | 254,506 | ||||||
Fairfax Financial Holdings Ltd., 5.800%, 05/15/21(a) |
308,000 | 332,995 | ||||||
Reinsurance Group of America, Inc., 4.700%, 09/15/23, MTN |
202,000 | 216,707 | ||||||
|
|
|||||||
2,251,175 | ||||||||
|
|
|||||||
Media 1.1% |
||||||||
Comcast Corp., 4.650%, 07/15/42 |
241,000 | 249,866 | ||||||
Time Warner, Inc., 4.900%, 06/15/42 |
159,000 | 161,929 | ||||||
|
|
|||||||
411,795 | ||||||||
|
|
|||||||
Mining 3.9% |
||||||||
Barrick (PD) Australia Finance Property Ltd., 5.950%, 10/15/39 |
157,000 | 164,812 | ||||||
Barrick International Barbados Corp., 6.350%, 10/15/36(a) |
554,000 | 582,524 | ||||||
Barrick North America Finance LLC, 5.750%, 05/01/43 |
174,000 | 180,246 | ||||||
Newmont Mining Corp., 6.250%, 10/01/39 |
526,000 | 552,822 | ||||||
|
|
|||||||
1,480,404 | ||||||||
|
|
|||||||
Miscellaneous Manufacturer 1.0% |
||||||||
General Electric Co., 5.250%, 12/06/17 |
335,000 | 377,962 | ||||||
|
|
|||||||
Oil & Gas 1.9% |
||||||||
Continental Resources, Inc., 3.800%, 06/01/24(a) |
268,000 | 270,896 | ||||||
Ensco PLC, 4.700%, 03/15/21 |
433,000 | 471,706 | ||||||
|
|
|||||||
742,602 | ||||||||
|
|
|||||||
Oil & Gas Services 2.9% |
||||||||
Weatherford International Ltd., 5.125%, 09/15/20 |
201,000 | 225,127 | ||||||
Weatherford International Ltd., 5.950%, 04/15/42 |
257,000 | 291,461 | ||||||
Weatherford International Ltd., 6.500%, 08/01/36 |
514,000 | 610,970 | ||||||
|
|
|||||||
1,127,558 | ||||||||
|
|
|||||||
Pharmaceuticals 3.0% |
||||||||
AstraZeneca PLC, 1.950%, 09/18/19 |
105,000 | 104,432 | ||||||
Express Scripts Holding Co., 2.650%, 02/15/17 |
485,000 | 503,868 | ||||||
Mylan, Inc., 3.125%, 01/15/23(a) |
117,000 | 112,480 | ||||||
Teva Pharmaceutical Finance Co. LLC, 6.150%, 02/01/36 |
346,000 | 418,352 | ||||||
|
|
|||||||
1,139,132 | ||||||||
|
|
See Notes to Schedules of Portfolio Investments.
Pipelines 4.9% |
| |||||||
Access Midstream Partners LP/ACMP Finance Corp., 4.875%, 03/15/24 |
469,000 | 495,381 | ||||||
DCP Midstream Operating LP, 5.600%, 04/01/44 |
183,000 | 202,168 | ||||||
Kinder Morgan Energy Partners LP, 5.000%, 08/15/42 |
728,000 | 723,638 | ||||||
NuStar Logistics LP, 4.800%, 09/01/20 |
470,000 | 477,050 | ||||||
|
|
|||||||
1,898,237 | ||||||||
|
|
|||||||
Real Estate Investment Trust 4.4% |
||||||||
American Tower Corp., 3.500%, 01/31/23 |
535,000 | 524,642 | ||||||
American Tower Corp., 5.000%, 02/15/24 |
558,000 | 606,059 | ||||||
Digital Realty Trust LP, 5.875%, 02/01/20(d) |
515,000 | 572,375 | ||||||
|
|
|||||||
1,703,076 | ||||||||
|
|
|||||||
Retail 2.5% |
||||||||
Wal-Mart Stores, Inc., 1.125%, 04/11/18 |
569,000 | 561,408 | ||||||
Wesfarmers Ltd., 1.874%, 03/20/18(a) |
381,000 | 380,783 | ||||||
|
|
|||||||
942,191 | ||||||||
|
|
|||||||
Semiconductors 4.1% |
||||||||
Analog Devices, Inc., 3.000%, 04/15/16 |
237,000 | 245,692 | ||||||
Intel Corp., 4.250%, 12/15/42 |
553,000 | 541,826 | ||||||
Intel Corp., 4.800%, 10/01/41 |
233,000 | 246,749 | ||||||
TSMC Global Ltd., 1.625%, 04/03/18(a) |
531,000 | 523,268 | ||||||
|
|
|||||||
1,557,535 | ||||||||
|
|
|||||||
Telecommunication Services 8.3% |
||||||||
AT&T, Inc., 2.375%, 11/27/18 |
643,000 | 653,783 | ||||||
AT&T, Inc., 4.350%, 06/15/45 |
105,000 | 99,531 | ||||||
CC Holdings GS V LLC/Crown Castle GS III Corp., 3.849%, 04/15/23 |
686,000 | 688,664 | ||||||
Cisco Systems, Inc., 2.125%, 03/01/19 |
364,000 | 366,828 | ||||||
Verizon Communications, Inc., 6.550%, 09/15/43 |
1,089,000 | 1,370,442 | ||||||
|
|
|||||||
3,179,248 | ||||||||
|
|
|||||||
Total Corporate Bonds (Cost $35,955,840) |
|
37,381,328 | ||||||
|
|
|||||||
Short-Term Investment 1.5% |
||||||||
RidgeWorth Funds Securities Lending Joint Account(e) |
590,440 | 590,440 | ||||||
|
|
|||||||
Total Short-Term Investment (Cost $590,440) |
|
590,440 | ||||||
|
|
|||||||
Money Market Fund 1.7% |
||||||||
State Street Institutional Treasury Money Market Fund, Institutional Class, 0.00%(f) |
642,535 | 642,535 | ||||||
|
|
|||||||
Total Money Market Fund (Cost $642,535) |
|
642,535 | ||||||
|
|
|||||||
Total Investments (Cost $37,188,815) 100.7% |
38,614,303 | |||||||
Liabilities in Excess of Other Assets (0.7)% |
(259,222 | ) | ||||||
|
|
|||||||
Net Assets 100.0% |
$ | 38,355,081 | ||||||
|
|
(a) | Rule 144A, Section 4(2) or other security which is restricted as to resale to institutional investors. The Funds investment adviser/subadviser has deemed this security to be liquid based upon procedures approved by the Board of Trustees. These securities represent 20.0% of net assets as of June 30, 2014. |
(b) | Variable or floating rate security. Rate disclosed is as of June 30, 2014. |
(c) | Perpetual maturity. |
(d) | The security or a partial position of the security was on loan as of June 30, 2014. The total value of securities on loan as of June 30, 2014 was $578,085. |
(e) | Purchased with cash collateral held from securities lending. The value of the collateral could include collateral held for securities that were sold on or before June 30, 2014 (See Note 2(i)). |
(f) | Rate disclosed, the 7 day net yield, is as of June 30, 2014. |
Investment Abbreviations
MTN |
Medium Term Note |
See Notes to Schedules of Portfolio Investments.
OTC Credit Default Swap Contract Buy Protection
Underlying Instrument |
Counterparty | Notional Amount |
Fixed Rate |
Expiration Date |
Implied Credit Spread* |
Upfront Payment Made |
Value | Unrealized Depreciation |
||||||||||||||||||||||
Target Corp. |
Barclays Bank PLC | $ | 75,000 | 1.000 | % | 06/20/19 | 4.193 | % | $ | (2,187 | ) | $ | (2,209 | ) | $ | (22 | ) |
As the buyer of protection, the Fund pays periodic fees in return for payment by the seller which is contingent upon an adverse credit event occurring in the underlying issuer or reference entity.
OTC Credit Default Swap Contract Sell Protection
Underlying Instrument |
Counterparty | Notional Amount |
Fixed Rate |
Expiration Date |
Implied Credit Spread* |
Upfront Payment Made |
Value | Unrealized Depreciation |
||||||||||||||||||||||
Kohls Corp. |
JPMorgan | $ | 75,000 | 1.000 | % | 09/20/19 | 12.492 | % | $ | (729 | ) | $ | (930 | ) | $ | (201 | ) |
The notional amount represents the maximum potential amount the Fund could be required to pay as seller of credit protection if a credit event occurs, as defined under the terms of the swap contract, for each security included in Kohls Corp.
The value column indicates the impact each respective swap agreement has on the Funds Net Assets at June 30, 2014.
* | Implied credit spreads serve as an indicator of the current status of the payment/performance risk and represent the likelihood or risk of default for the credit derivative. The implied credit spread of a particular reference entity reflects the cost of buying/selling protection and may include upfront payments required to be made to enter into the agreement. Wider credit spreads represent a deterioration of the reference entitys credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. |
See Notes to Schedules of Portfolio Investments.
SCHEDULES OF PORTFOLIO INVESTMENTS
RIDGEWORTH FUNDS June 30, 2014
(Unaudited)
Georgia Tax-Exempt Bond Fund
Shares or Principal Amount($) |
Value($) | |||||||
Municipal Bonds 96.5% |
||||||||
Alabama 0.5% |
||||||||
Birmingham, Series A, GO, 0.000%, 03/01/32(a) |
640,000 | 610,982 | ||||||
|
|
|||||||
California 5.2% |
||||||||
California State, GO, 5.000%, 02/01/20 |
1,910,000 | 2,267,246 | ||||||
California State, GO, 5.000%, 02/01/38 |
4,000,000 | 4,425,920 | ||||||
|
|
|||||||
6,693,166 | ||||||||
|
|
|||||||
Georgia 87.5% |
||||||||
Athens-Clarke County Unified Government Development Authority, RB, 5.250%, 07/01/27 |
2,885,000 | 3,307,970 | ||||||
Athens-Clarke County Unified Government Development Authority, RB, 5.250%, 07/01/29 |
1,690,000 | 1,912,607 | ||||||
Athens-Clarke County Unified Government Development Authority, Catholic Health East, RB, 6.250%, 11/15/32 |
1,440,000 | 1,661,400 | ||||||
Athens-Clarke County Unified Government Water & Sewerage, RB, 5.500%, 01/01/38 |
4,000,000 | 4,529,880 | ||||||
Athens-Clarke County Unified Government Water & Sewerage, RB, 5.625%, 01/01/33 |
3,000,000 | 3,434,040 | ||||||
Atlanta Airport Passenger Facility Charge, Series B, RB, 5.000%, 01/01/21 |
2,000,000 | 2,307,800 | ||||||
Atlanta Airport Project, Series B, RB, 5.000%, 01/01/42 |
4,235,000 | 4,572,657 | ||||||
Atlanta Development Authority, Series A, RB, 4.375%, 09/01/36, Pre-refunded 09/01/2015 @ 100, XLCA |
1,000,000 | 1,048,410 | ||||||
Atlanta GA Department of Aviation, Series C, AMT, RB, 5.000%, 01/01/30 |
1,500,000 | 1,638,030 | ||||||
Barrow County, GO, 5.000%, 10/01/25, Pre-refunded 10/01/2015 @ 100, NATL-RE |
2,000,000 | 2,120,960 | ||||||
Carroll County Water Authority, Water & Sewerage, RB, 5.250%, 07/01/22, Pre-refunded 07/01/2015 @ 100, AGM |
150,000 | 157,569 | ||||||
Cherokee County Board of Education, GO, 5.000%, 08/01/33, State Aid Withholding |
2,000,000 | 2,262,260 | ||||||
Cherokee County Georgia Resource Recovery Development Authority, Solid Waste Disposal, RB, 5.000%, 07/01/37, AMBAC/ County Guaranteed, AMT |
1,000,000 | 1,031,170 | ||||||
Clarke County Hospital Authority, Athens Regional Medical Center, RB, 5.000%, 01/01/32 |
1,180,000 | 1,308,219 | ||||||
Cobb County Kennestone Hospital Authority, RB, 5.250%, 04/01/41 |
1,000,000 | 1,094,310 | ||||||
College Park Business & Industrial Development Authority, RB, 5.250%, 09/01/19, AMBAC |
565,000 | 618,330 | ||||||
DeKalb County, Water & Sewerage Revenue, Series A, RB, 5.000%, 10/01/22 |
1,000,000 | 1,185,990 | ||||||
DeKalb County, Water & Sewerage Revenue, Series A, RB, 5.250%, 10/01/23 |
1,500,000 | 1,788,465 | ||||||
DeKalb Private Hospital Authority, Childrens Healthcare of Atlanta, Inc., RB, 5.000%, 11/15/29 |
6,300,000 | 7,056,567 | ||||||
Douglasville-Douglas County Water & Sewer Authority, RB, 5.625%, 06/01/15, AMBAC |
135,000 | 139,791 | ||||||
Downtown Smyrna Development Authority, RB, 5.250%, 02/01/28 |
1,000,000 | 1,177,990 | ||||||
Forsyth County, GO, 5.000%, 03/01/25 |
6,825,000 | 7,872,160 | ||||||
Forsyth County School District, GO, 5.000%, 02/01/20 |
3,385,000 | 4,027,778 | ||||||
Forsyth County Water & Sewerage Authority, RB, 5.000%, 04/01/31, Country Guaranteed |
645,000 | 757,520 | ||||||
Fulton County Development Authority, 5.000%, 05/01/39 |
5,145,000 | 5,723,452 | ||||||
Fulton County Development Authority, Georgia Tech Athletic Association, RB, 5.000%, 10/01/42 |
3,025,000 | 3,242,255 | ||||||
Fulton County Development Authority, RB, 5.000%, 10/01/22 |
750,000 | 885,180 |
See Notes to Schedules of Portfolio Investments.
Fulton County Development Authority, Robert Woodruff Arts Center, Inc., Series B, RB, 5.250%, 03/15/24 |
1,300,000 | 1,459,965 | ||||||
Fulton County Water & Sewerage Revenue, RB, 5.000%, 01/01/20 |
2,485,000 | 2,934,089 | ||||||
Fulton County Water & Sewerage Revenue, RB, 5.000%, 01/01/29 |
975,000 | 1,121,972 | ||||||
Georgia State, Series D, GO, 5.000%, 05/01/15 |
600,000 | 624,426 | ||||||
Georgia State, Series D, GO, 5.000%, 02/01/22 |
1,590,000 | 1,936,429 | ||||||
Georgia State Higher Education Facilities Authority, USG Real Estate Foundation I LLC, RB, 6.000%, 06/15/34 |
1,065,000 | 1,210,522 | ||||||
Georgia State Road & Tollway Authority, RB, 5.000%, 06/01/18 |
1,105,000 | 1,272,153 | ||||||
Georgia State Road & Tollway Authority, Series A, RB, 5.000%, 06/01/19 |
1,750,000 | 2,048,008 | ||||||
Georgia State Road & Tollway Authority, Series A, RB, 5.000%, 03/01/21, ST GTD |
1,175,000 | 1,415,264 | ||||||
Greene County Development Authority, RB, 5.000%, 11/15/37 |
1,955,000 | 2,129,171 | ||||||
Gwinnett County School District, GO, 5.000%, 02/01/18 |
1,800,000 | 2,066,112 | ||||||
Gwinnett County School District, GO, 5.000%, 02/01/20 |
1,495,000 | 1,783,326 | ||||||
Gwinnett County School District, GO, 5.000%, 02/01/20 |
1,235,000 | 1,473,182 | ||||||
Gwinnett County Water & Sewerage Authority, RB, 5.000%, 08/01/22, Country Guaranteed |
1,500,000 | 1,796,835 | ||||||
Henry County Water & Sewerage Authority, RB, 6.150%, 02/01/20, AMBAC |
2,100,000 | 2,553,474 | ||||||
Lincoln County School District, GO, 5.500%, 04/01/37, State Aid Withholding |
1,000,000 | 1,152,500 | ||||||
Milledgeville & Baldwin County Development Authority, Georgia College & State University Foundation, RB, 6.000%, 09/01/33, Pre-refunded 09/01/2014 @ 101 |
2,955,000 | 3,014,011 | ||||||
Municipal Electric Authority of Georgia, RB, 5.000%, 01/01/30 |
1,000,000 | 1,125,150 | ||||||
Municipal Electric Authority of Georgia, Series A, RB, 5.000%, 01/01/21 |
3,845,000 | 4,532,255 | ||||||
Private Colleges & Universities Authority, Series A, RB, 5.000%, 10/01/43 |
3,500,000 | 3,911,740 | ||||||
Private Colleges & Universities Authority, Emory University, Series C, RB, 5.250%, 09/01/39 |
2,000,000 | 2,251,300 | ||||||
Richmond County Board of Education, GO, 5.000%, 10/01/15, State Aid Withholding |
1,500,000 | 1,590,330 | ||||||
Thomasville Hospital Authority, John D. Archhold Memorial Hospital, RB, 5.375%, 11/01/40 |
2,510,000 | 2,691,172 | ||||||
|
|
|||||||
112,956,146 | ||||||||
|
|
|||||||
Illinois 0.7% |
||||||||
Chicago, Series A, GO, 5.250%, 01/01/33 |
860,000 | 904,668 | ||||||
|
|
|||||||
North Carolina 0.8% |
||||||||
North Carolina State Capital Facilities Finance Agency, Educational Facilities, RB, 5.000%, 05/01/32 |
970,000 | 1,017,996 | ||||||
|
|
|||||||
Puerto Rico 0.0%(b) |
||||||||
Puerto Rico Sales Tax Financing Corp., Sales Tax Revenue, Series A, RB, 5.500%, 08/01/28, Pre-refunded 08/01/2019 @ 100 |
20,000 | 24,121 | ||||||
|
|
|||||||
South Carolina 1.8% |
||||||||
South Carolina State Public Service Authority, Series A, RB, 5.750%, 12/01/43 |
2,000,000 | 2,314,900 | ||||||
|
|
|||||||
Total Municipal Bonds (Cost $117,313,097) |
|
124,521,979 | ||||||
|
|
|||||||
Money Market Fund 1.9% |
||||||||
Federated Tax-Free Obligations Fund, Institutional Shares, 0.01%(c) |
2,471,332 | 2,471,332 | ||||||
|
|
|||||||
Total Money Market Fund (Cost $2,471,332) |
|
2,471,332 | ||||||
|
|
|||||||
Total Investments (Cost $119,784,429) 98.4% |
126,993,311 | |||||||
Other Assets in Excess of Liabilities 1.6% |
2,091,165 | |||||||
|
|
|||||||
Net Assets 100.0% |
$ | 129,084,476 | ||||||
|
|
(a) | Step bond. The rate shown is the rate in effect as of June 30, 2014. |
(b) | Less than 0.05% of Net Assets. |
(c) | Rate disclosed, the 7 day net yield, is as of June 30, 2014. |
See Notes to Schedules of Portfolio Investments.
Investment Abbreviations
AGM |
Security guaranteed by Assured Guaranty Municipal Corporation | |
AMBAC |
Security guaranteed by American Municipal Bond Assurance Corporation | |
AMT |
Income subject to Alternative Minimum Tax | |
GO |
General Obligation | |
NATL-RE |
Reinsurance provided by National Public Finance Guarantee Corporation | |
RB |
Revenue Bond | |
ST GTD |
State Guaranteed | |
XLCA |
Security guaranteed by XL Capital Assurance, Inc. |
See Notes to Schedules of Portfolio Investments.
SCHEDULES OF PORTFOLIO INVESTMENTS
RIDGEWORTH FUNDS June 30, 2014
(Unaudited)
High Grade Municipal Bond Fund
Shares or Principal Amount($) |
Value($) | |||||||
Municipal Bonds 94.6% |
||||||||
Alabama 5.7% |
||||||||
Birmingham, Series A, GO, 0.000%, 03/01/37(a) |
2,000,000 | 1,873,940 | ||||||
Birmingham Special Care Facilities Financing Authority Health Care Facilities, Childrens Hospital of Alabama, RB, 6.000%, 06/01/39, AGC |
2,000,000 | 2,306,780 | ||||||
|
|
|||||||
4,180,720 | ||||||||
|
|
|||||||
Alaska 3.3% |
||||||||
Matanuska-Susitna Borough Lease, Goose Creek Correctional Center, RB, 6.000%, 09/01/28, |
2,000,000 | 2,405,140 | ||||||
|
|
|||||||
California 14.7% |
||||||||
California State, GO, 5.000%, 05/01/31 |
1,500,000 | 1,722,150 | ||||||
California State, GO, 5.000%, 05/01/32 |
2,000,000 | 2,287,120 | ||||||
California State, GO, 6.500%, 04/01/33(b) |
2,000,000 | 2,438,520 | ||||||
Los Angeles Department of Water & Power, Series B, RB, 5.000%, 07/01/43(b) |
2,500,000 | 2,785,950 | ||||||
Orange County Community Facilities District, Series A, 5.000%, 08/15/34 |
1,000,000 | 1,087,570 | ||||||
South Orange County Public Financing Authority, Series A, 5.000%, 08/15/34 |
445,000 | 479,074 | ||||||
|
|
|||||||
10,800,384 | ||||||||
|
|
|||||||
District of Columbia 8.7% |
||||||||
District of Columbia, Income Tax, Series A, RB, 5.500%, 12/01/30 |
2,000,000 | 2,351,880 | ||||||
Metropolitan Washington D.C. Airports Authority, Airport System, Series A, AMT, RB, 5.000%, 10/01/27(c) |
3,500,000 | 4,024,510 | ||||||
|
|
|||||||
6,376,390 | ||||||||
|
|
|||||||
Florida 5.6% |
||||||||
Lake County School Board, Series A, COP, 5.000%, 06/01/29, AGM(c) |
1,000,000 | 1,119,430 | ||||||
Orlando FL Contract Tourist DE, Series A, RB, 5.250%, 11/01/32 |
1,000,000 | 1,166,260 | ||||||
Polk County Public Facilities, RB, 5.000%, 12/01/28 |
1,595,000 | 1,839,992 | ||||||
|
|
|||||||
4,125,682 | ||||||||
|
|
|||||||
Georgia 2.0% |
||||||||
Fulton County Development Authority, Georgia Tech Athletic Association, RB, 5.750%, 10/01/36 |
1,250,000 | 1,448,813 | ||||||
|
|
|||||||
Idaho 3.8% |
||||||||
Idaho Health Facilities Authority, Series A, RB, 6.750%, 11/01/37(b) |
2,500,000 | 2,806,975 | ||||||
|
|
|||||||
Illinois 3.4% |
||||||||
Chicago Transit Authority, RB, 5.000%, 12/01/44(c) |
1,250,000 | 1,350,087 | ||||||
University of Illinois, Auxiliary Facilities System, Series A, RB, 5.750%, 04/01/38 |
1,000,000 | 1,136,600 | ||||||
|
|
|||||||
2,486,687 | ||||||||
|
|
|||||||
Kansas 2.3% |
||||||||
Kansas State Development Finance Authority, Adventist Bolingbrook Hospital, RB, 5.750%, 11/15/38(b) |
1,500,000 | 1,688,235 | ||||||
|
|
|||||||
Maine 4.0% |
||||||||
Maine State Turnpike Authority, RB, 6.000%, 07/01/38(b) |
2,500,000 | 2,934,850 | ||||||
|
|
|||||||
Maryland 1.4% |
||||||||
Baltimore County, GO, 5.000%, 08/01/15 |
1,000,000 | 1,052,700 | ||||||
|
|
See Notes to Schedules of Portfolio Investments.
Massachusetts 2.4% |
| |||||||
Commonwealth of Massachusetts, Series A, GO, 5.000%, 04/01/25 |
1,500,000 | 1,768,395 | ||||||
|
|
|||||||
Michigan 2.8% |
||||||||
University of Michigan, Series A, RB, 0.010%, 04/01/38 |
2,055,000 | 2,055,000 | ||||||
|
|
|||||||
Minnesota 2.3% |
||||||||
Western Minnesota Municipal Power Agency, Series A, RB, 5.000%, 01/01/40(c) |
1,500,000 | 1,675,425 | ||||||
|
|
|||||||
New Jersey 3.1% |
||||||||
New Jersey State Transportation Trust Fund Authority, Transportation System, Series A, RB, 6.000%, 12/15/38 |
1,955,000 | 2,271,182 | ||||||
|
|
|||||||
New York 1.6% |
||||||||
Erie County Industrial Development Agency, City School District Buffalo, Series A, RB, 5.750%, 05/01/29, BHAC |
1,000,000 | 1,145,110 | ||||||
|
|
|||||||
North Carolina 2.3% |
||||||||
University of North Carolina at Greensboro, RB, 5.000%, 04/01/39 |
1,500,000 | 1,655,760 | ||||||
|
|
|||||||
Oregon 4.0% |
||||||||
Oregon State Department of Transportation, Series A, RB, 5.000%, 11/15/30(c) |
2,500,000 | 2,964,925 | ||||||
|
|
|||||||
Pennsylvania 3.2% |
||||||||
Pennsylvania State, GO, 5.000%, 06/15/18 |
2,000,000 | 2,313,980 | ||||||
|
|
|||||||
Texas 15.4% |
||||||||
Arlington Higher Education Finance Corp., Series A, RB, 4.000%, 08/15/44, PSF-GTD |
1,000,000 | 996,490 | ||||||
Arlington Higher Education Finance Corp., Series A, RB, 5.000%, 08/15/39, PSF-GTD |
1,000,000 | 1,120,570 | ||||||
Dallas Independent School District, GO, 6.375%, 02/15/34, PSF-GTD(b) |
4,000,000 | 4,726,240 | ||||||
Texas State, GO, 5.000%, 04/01/28 |
1,350,000 | 1,574,829 | ||||||
Texas State, Series A, GO, 5.000%, 10/01/28(c) |
1,000,000 | 1,199,050 | ||||||
United Independent School District, GO, 5.000%, 08/15/44, PSF-GTD(c) |
1,500,000 | 1,702,695 | ||||||
|
|
|||||||
11,319,874 | ||||||||
|
|
|||||||
Washington 2.6% |
||||||||
Seattle Washington Municipal Light & Power, RB, 5.750%, 04/01/29, BHAC(b) |
1,635,000 | 1,907,391 | ||||||
|
|
|||||||
Total Municipal Bonds (Cost $65,039,830) |
|
69,383,618 | ||||||
|
|
|||||||
Money Market Fund 23.5% |
||||||||
Federated Tax-Free Obligations Fund, Institutional Shares, 0.01%(d) |
17,194,815 | 17,194,815 | ||||||
|
|
|||||||
Total Money Market Fund (Cost $17,194,815) |
|
17,194,815 | ||||||
|
|
|||||||
Total Investments (Cost $82,234,645) 118.1% |
86,578,433 | |||||||
Liabilities in Excess of Other Assets (18.1)% |
(13,275,948 | ) | ||||||
|
|
|||||||
Net Assets 100.0% |
$ | 73,302,485 | ||||||
|
|
(a) | Step bond. The rate shown is the rate in effect as of June 30, 2014. |
(b) | All or a portion of this security has been segregated, or otherwise earmarked, in connection with obligations for when-issued or delayed-delivery purchase commitments. |
(c) | All or a portion of this security has been purchased on a when-issued or delayed-delivery basis. |
(d) | Rate disclosed, the 7 day net yield, is as of June 30, 2014. |
Investment Abbreviations
AGC | Security guaranteed by Assured Guaranty Corporation | |
AGM | Security guaranteed by Assured Guaranty Municipal Corporation | |
AMT | Income subject to Alternative Minimum Tax | |
BHAC | Security guaranteed by Berkshire Hathaway Assurance Corporation | |
COP | Certificate of Participation | |
GO | General Obligation | |
PSF-GTD | Security guaranteed by Permanent School Fund Guarantee Program | |
RB | Revenue Bond |
See Notes to Schedules of Portfolio Investments.
SCHEDULES OF PORTFOLIO INVESTMENTS
RIDGEWORTH FUNDS June 30, 2014
(Unaudited)
High Income Fund
Shares or Principal Amount($) |
Value($) | |||||||
Bank Loans 4.3% |
||||||||
Aerospace/Defense 0.1% |
||||||||
DAE Aviation Holdings, Inc., 2nd Lien Term Loan, 7.750%, 08/05/19(a)(b) |
770,000 | 781,550 | ||||||
|
|
|||||||
Chemicals 0.3% |
||||||||
Ineos US Finance LLC, 6 Year Term Loan, 3.750%, 05/04/18(a)(b) |
2,897,011 | 2,888,697 | ||||||
|
|
|||||||
Commercial Services 0.1% |
||||||||
Walter Energy, Inc., Term Loan B, 7.250%, 04/02/18(a)(b) |
953,846 | 920,938 | ||||||
|
|
|||||||
Health Care 0.0%(c) |
||||||||
Community Health Care Systems, Inc., 2017 Term Loan E, 3.480%, 01/25/17(a)(b) |
28,750 | 28,810 | ||||||
Community Health Care Systems, Inc., Term Loan D, 4.250%, 01/27/21(a)(b) |
76,629 | 77,038 | ||||||
|
|
|||||||
105,848 | ||||||||
|
|
|||||||
Healthcare - Services 0.1% |
||||||||
MPH Acquisition Holdings LLC, Term Loan, 4.000%, 03/31/21(a)(b) |
724,682 | 722,290 | ||||||
|
|
|||||||
Information Technology 0.3% |
||||||||
Avago Technologies Cayman Ltd., USD Term Loan B, 3.750%, 05/06/21(a)(b) |
3,170,000 | 3,178,781 | ||||||
|
|
|||||||
Insurance 0.3% |
||||||||
Asurion LLC, New Term Loan B1, 5.000%, 05/24/19(a)(b) |
2,344,643 | 2,357,843 | ||||||
Asurion LLC, New 2nd Lien Term Loan, 8.500%, 03/03/21(a)(b) |
770,000 | 798,105 | ||||||
|
|
|||||||
3,155,948 | ||||||||
|
|
|||||||
Lodging 0.3% |
||||||||
Caesars Entertainment Operating Co., Extended Term Loan B6, 5.400%-7.500%, 01/26/18(a)(b)(d) |
3,320,000 | 3,096,332 | ||||||
|
|
|||||||
Media 0.4% |
||||||||
Clear Channel Communications, Inc., Term Loan D, 6.900%, 01/30/19(a)(b) |
4,620,000 | 4,594,405 | ||||||
|
|
|||||||
Packaging & Containers 0.2% |
||||||||
Berry Plastics Holding Corp., Term Loan D, 3.500%, 02/08/20(a)(b) |
2,804,500 | 2,779,680 | ||||||
|
|
|||||||
Retail 1.0% |
||||||||
JC Penney Corporation, Inc., 1st Lien Term Loan, 6.000%, 05/22/18(a)(b) |
2,371,050 | 2,397,013 | ||||||
Lands End, Inc., Term Loan B, 4.250%, 04/02/21(a)(b) |
1,835,400 | 1,832,335 | ||||||
Sears Holding Corporation., Term Loan, 5.500%, 06/30/18(a)(b) |
4,761,075 | 4,810,400 | ||||||
Toys R Us-Delaware, Inc., New Term Loan, 6.000%, 09/01/16(a)(b) |
1,755,306 | 1,574,386 | ||||||
|
|
|||||||
10,614,134 | ||||||||
|
|
|||||||
Semiconductors 0.3% |
||||||||
Freescale Semiconductor, Inc., Term Loan B4, 4.250%, 02/28/20(a)(b) |
3,831,646 | 3,828,465 | ||||||
|
|
|||||||
Telecommunication Services 0.6% |
||||||||
Alcatel-Lucent USA, Inc., USD Term Loan C, 4.500%, 01/30/19(a)(b) |
1,275,575 | 1,275,779 | ||||||
Cequel Communications LLC, Term Loan B, 3.500%, 02/14/19(a) |
1,474,957 | 1,474,500 | ||||||
Level 3 Financing, Inc., New 2019 Term Loan, 4.000%, 08/01/19(a)(b) |
965,000 | 965,801 | ||||||
Virgin Media Bristol LLC, USD Term Loan B, 3.500%, 06/05/20(a)(b) |
2,585,000 | 2,576,108 | ||||||
|
|
|||||||
6,292,188 | ||||||||
|
|
See Notes to Schedules of Portfolio Investments.
Telecommunications 0.3% |
| |||||||
Numericable U.S. LLC, USD Term Loan B2, 4.500%, 05/21/20(a)(b) |
1,308,046 | 1,315,607 | ||||||
Numericable U.S. LLC, USD Term Loan B1, 4.500%, 05/21/20(a)(b) |
1,511,954 | 1,520,693 | ||||||
|
|
|||||||
2,836,300 | ||||||||
|
|
|||||||
Total Bank Loans (Cost $45,647,390) |
|
45,795,556 | ||||||
|
|
|||||||
Corporate Bonds 80.6% |
||||||||
Advertising 0.6% |
||||||||
Affinion Group, Inc., 7.875%, 12/15/18 |
2,825,000 | 2,563,688 | ||||||
CBS Outdoor Americas Capital LLC/CBS Outdoor Americas Capital Corp., 5.250%, |
3,299,000 | 3,389,722 | ||||||
|
|
|||||||
5,953,410 | ||||||||
|
|
|||||||
Aerospace/Defense 2.0% |
||||||||
BE Aerospace, Inc., 5.250%, 04/01/22 |
1,945,000 | 2,117,619 | ||||||
Bombardier, Inc., 6.000%, 10/15/22(b) |
7,655,000 | 7,846,375 | ||||||
TransDigm, Inc., 6.000%, 07/15/22(b) |
4,070,000 | 4,181,925 | ||||||
TransDigm, Inc., 6.500%, 07/15/24(b) |
4,070,000 | 4,237,887 | ||||||
Triumph Group, Inc., 5.250%, 06/01/22(b) |
2,930,000 | 2,937,325 | ||||||
|
|
|||||||
21,321,131 | ||||||||
|
|
|||||||
Airlines 2.2% |
||||||||
Air Canada, 6.750%, 10/01/19(b) |
3,360,000 | 3,654,000 | ||||||
Air Canada, 7.750%, 04/15/21(b) |
3,490,000 | 3,708,125 | ||||||
Air Canada, 8.750%, 04/01/20(b) |
7,950,000 | 8,904,000 | ||||||
American Airlines, 2013-2 Class B, 5.600%, 07/15/20(b) |
4,121,896 | 4,327,991 | ||||||
United Airlines Pass Through Trust, 2014-1 Class B, 4.750%, 10/11/23, Series B |
2,494,000 | 2,534,528 | ||||||
|
|
|||||||
23,128,644 | ||||||||
|
|
|||||||
Auto Manufacturers 0.2% |
||||||||
General Motors Co., 3.500%, 10/02/18(b) |
2,000,000 | 2,045,000 | ||||||
General Motors Co. Escrow, 7.200%(e)(f)(g)(h) |
17,182,000 | | ||||||
General Motors Co. Escrow, 8.375%(e)(f)(g)(h) |
36,800,000 | | ||||||
|
|
|||||||
2,045,000 | ||||||||
|
|
|||||||
Auto Parts & Equipment 0.3% |
||||||||
Schaeffler Holding Finance BV, PIK, 6.875%, 08/15/18(b) |
3,300,000 | 3,477,375 | ||||||
|
|
|||||||
Banks 1.3% |
||||||||
CIT Group, Inc., 5.375%, 05/15/20 |
1,295,000 | 1,390,101 | ||||||
JPMorgan Chase & Co., Series S, 6.750%(a)(i) |
4,865,000 | 5,235,956 | ||||||
Provident Funding Associates LP/PFG Finance Corp., 6.750%, 06/15/21(b) |
5,110,000 | 5,173,875 | ||||||
Provident Funding Associates LP/PFG Finance Corp., 10.125%, 02/15/19(b) |
1,645,000 | 1,784,825 | ||||||
|
|
|||||||
13,584,757 | ||||||||
|
|
|||||||
Building Materials 1.6% |
||||||||
Cemex Finance LLC, 9.375%, 10/12/22(b) |
5,600,000 | 6,587,000 | ||||||
Cemex SAB de CV, 7.250%, 01/15/21(b) |
3,925,000 | 4,317,500 | ||||||
Masco Corp., 5.950%, 03/15/22 |
2,640,000 | 2,917,200 | ||||||
US Concrete, Inc., 8.500%, 12/01/18(b) |
1,330,000 | 1,443,050 | ||||||
USG Corp., 5.875%, 11/01/21(b) |
1,730,000 | 1,833,800 | ||||||
|
|
|||||||
17,098,550 | ||||||||
|
|
|||||||
Chemicals 0.2% |
||||||||
Nufarm Australia Ltd., 6.375%, 10/15/19(b)(e) |
1,685,000 | 1,762,931 | ||||||
|
|
|||||||
Coal 0.8% |
||||||||
CONSOL Energy, Inc., 5.875%, 04/15/22(b) |
3,340,000 | 3,498,650 | ||||||
Natural Resource Partners LP/NRP Finance Corp., 9.125%, 10/01/18 |
1,862,000 | 1,955,100 | ||||||
Peabody Energy Corp., 6.250%, 11/15/21(e) |
3,005,000 | 2,993,731 | ||||||
|
|
|||||||
8,447,481 | ||||||||
|
|
See Notes to Schedules of Portfolio Investments.
Commercial Services 4.9% |
| |||||||
Cenveo Corp., 6.000%, 08/01/19(b) |
4,900,000 | 4,900,000 | ||||||
Cenveo Corp., 11.500%, 05/15/17(e) |
3,310,000 | 3,492,050 | ||||||
Ceridian LLC/Comdata, Inc., 8.125%, 11/15/17(b) |
1,982,000 | 2,001,820 | ||||||
Harland Clarke Holdings Corp., 6.875%, 03/01/20(b) |
1,680,000 | 1,780,800 | ||||||
Harland Clarke Holdings Corp., 9.250%, 03/01/21(b) |
5,465,000 | 5,724,588 | ||||||
Harland Clarke Holdings Corp., 9.750%, 08/01/18(b) |
13,287,000 | 14,599,091 | ||||||
National Money Mart Co., 10.375%, 12/15/16 |
2,665,000 | 2,808,244 | ||||||
Prospect Medical Holdings, Inc., 8.375%, 05/01/19(b) |
4,577,000 | 4,988,930 | ||||||
Quad/Graphics, Inc., 7.000%, 05/01/22(b) |
5,195,000 | 5,195,000 | ||||||
TMS International Corp., 7.625%, 10/15/21(b) |
4,350,000 | 4,643,625 | ||||||
United Rentals North America, Inc., 5.750%, 11/15/24 |
2,435,000 | 2,529,356 | ||||||
|
|
|||||||
52,663,504 | ||||||||
|
|
|||||||
Computers 0.3% |
||||||||
j2 Global, Inc., 8.000%, 08/01/20 |
3,020,000 | 3,269,150 | ||||||
|
|
|||||||
Diversified Financial Services 4.5% |
||||||||
CNG Holdings, Inc., 9.375%, 05/15/20(b) |
2,740,000 | 2,277,625 | ||||||
Community Choice Financial, Inc., 10.750%, 05/01/19 |
2,585,000 | 2,210,175 | ||||||
Denali Borrower LLC/Denali Finance Corp., 5.625%, 10/15/20(b) |
1,975,000 | 2,093,500 | ||||||
DFC Finance Corp., 10.500%, 06/15/20(b) |
3,550,000 | 3,625,437 | ||||||
Enova International, Inc., 9.750%, 06/01/21(b) |
2,725,000 | 2,714,781 | ||||||
Icahn Enterprises LP/Icahn Enterprises Finance Corp., 4.875%, 03/15/19 |
4,865,000 | 5,010,950 | ||||||
Icahn Enterprises LP/Icahn Enterprises Finance Corp., 6.000%, 08/01/20 |
4,700,000 | 5,034,875 | ||||||
International Lease Finance Corp., 6.250%, 05/15/19 |
3,585,000 | 4,015,200 | ||||||
International Lease Finance Corp., 8.250%, 12/15/20 |
1,405,000 | 1,735,175 | ||||||
Jefferies Finance LLC/JFIN Co-Issuer Corp., 7.375%, 04/01/20(b)(e) |
2,610,000 | 2,740,500 | ||||||
Nationstar Mortgage LLC/Nationstar Capital Corp., 6.500%, 07/01/21(e) |
2,345,000 | 2,350,863 | ||||||
Nationstar Mortgage LLC/Nationstar Capital Corp., 6.500%, 06/01/22 |
2,340,000 | 2,340,000 | ||||||
Navient Corp., 4.875%, 06/17/19, MTN |
2,600,000 | 2,679,560 | ||||||
Navient Corp., 5.500%, 01/15/19, MTN |
1,190,000 | 1,264,375 | ||||||
Navient Corp., 6.125%, 03/25/24, MTN |
5,740,000 | 5,818,925 | ||||||
Walter Investment Management Corp., 7.875%, 12/15/21(b) |
2,525,000 | 2,638,625 | ||||||
|
|
|||||||
48,550,566 | ||||||||
|
|
|||||||
Electric 2.3% |
||||||||
Calpine Corp., 5.875%, 01/15/24(b) |
1,715,000 | 1,809,325 | ||||||
Calpine Corp., 6.000%, 01/15/22(b) |
2,225,000 | 2,397,438 | ||||||
Dynegy, Inc., 5.875%, 06/01/23(e) |
7,217,000 | 7,271,127 | ||||||
GenOn Energy, Inc., 9.500%, 10/15/18 |
5,655,000 | 6,206,362 | ||||||
GenOn Energy, Inc., 9.875%, 10/15/20 |
2,070,000 | 2,251,125 | ||||||
NRG Energy, Inc., 6.250%, 05/01/24(b) |
5,070,000 | 5,298,150 | ||||||
|
|
|||||||
25,233,527 | ||||||||
|
|
|||||||
Electrical Components & Equipment 0.1% |
||||||||
GrafTech International Ltd., 6.375%, 11/15/20 |
1,450,000 | 1,493,500 | ||||||
|
|
|||||||
Energy-Alternate Sources 0.2% |
||||||||
First Wind Capital LLC, 10.250%, 06/01/18(b) |
1,600,000 | 1,712,000 | ||||||
|
|
|||||||
Engineering & Construction 0.6% |
||||||||
Aguila 3 SA, 7.875%, 01/31/18(b) |
6,485,000 | 6,841,675 | ||||||
|
|
|||||||
Entertainment 1.4% |
||||||||
Carmike Cinemas, Inc., 7.375%, 05/15/19 |
1,310,000 | 1,424,625 | ||||||
Gibson Brands Escrow Corp., 8.875%, 08/01/18(b) |
1,235,000 | 1,270,506 | ||||||
Gibson Brands, Inc., 8.875%, 08/01/18(b) |
1,412,000 | 1,452,595 | ||||||
GLP Capital LP/GLP Financing II, Inc., 4.875%, 11/01/20(b) |
5,430,000 | 5,592,900 | ||||||
Greektown Holdings LLC/Greektown Mothership Corp., 8.875%, 03/15/19(b)(e) |
2,205,000 | 2,249,100 | ||||||
Mohegan Tribal Gaming Authority, 9.750%, 09/01/21(e) |
960,000 | 1,065,600 | ||||||
WMG Acquisition Corp., 5.625%, 04/15/22(b) |
2,378,000 | 2,392,863 | ||||||
|
|
|||||||
15,448,189 | ||||||||
|
|
See Notes to Schedules of Portfolio Investments.
Environmental Control 0.9% |
| |||||||
Nuverra Environmental Solutions, Inc., 9.875%, 04/15/18(e) |
7,195,000 | 7,482,800 | ||||||
Tervita Corp., 10.875%, 02/15/18(b)(e) |
2,545,000 | 2,570,450 | ||||||
|
|
|||||||
10,053,250 | ||||||||
|
|
|||||||
Exploration & Production 0.2% |
||||||||
Jones Energy Holdings/Jones Energy Finance Corp., 6.750%, 04/01/22(b) |
2,393,000 | 2,524,615 | ||||||
|
|
|||||||
Food 2.6% |
||||||||
HJ Heinz Co., 4.250%, 10/15/20(e) |
12,330,000 | 12,407,062 | ||||||
Post Holdings, Inc., 6.000%, 12/15/22(b)(e) |
3,485,000 | 3,554,700 | ||||||
Post Holdings, Inc., 6.750%, 12/01/21(b) |
6,105,000 | 6,486,563 | ||||||
Post Holdings, Inc., 7.375%, 02/15/22(b) |
1,680,000 | 1,816,500 | ||||||
Post Holdings, Inc., 7.375%, 02/15/22 |
3,445,000 | 3,724,906 | ||||||
|
|
|||||||
27,989,731 | ||||||||
|
|
|||||||
Forest Products & Paper 0.4% |
||||||||
Resolute Forest Products, Inc., 5.875%, 05/15/23 |
4,699,000 | 4,628,515 | ||||||
|
|
|||||||
Gas 0.3% |
||||||||
NGL Energy Partners LP/NGL Energy Finance Corp., 5.125%, 07/15/19(b)(d) |
1,302,000 | 1,305,255 | ||||||
Sabine Pass LNG LP, 6.500%, 11/01/20 |
1,330,000 | 1,439,725 | ||||||
|
|
|||||||
2,744,980 | ||||||||
|
|
|||||||
Healthcare - Products 1.0% |
||||||||
Kinetic Concepts, Inc./KCI USA, Inc., 10.500%, 11/01/18 |
1,355,000 | 1,531,150 | ||||||
Physio-Control International, Inc., 9.875%, 01/15/19(b) |
6,127,000 | 6,770,335 | ||||||
Teleflex, Inc., 5.250%, 06/15/24(b) |
2,798,000 | 2,825,980 | ||||||
|
|
|||||||
11,127,465 | ||||||||
|
|
|||||||
Healthcare - Services 1.4% |
||||||||
HCA, Inc., 3.750%, 03/15/19 |
4,770,000 | 4,811,738 | ||||||
MedImpact Holdings, Inc., 10.500%, 02/01/18(b) |
4,240,000 | 4,600,400 | ||||||
MPH Acquisition Holdings LLC, 6.625%, 04/01/22(b) |
5,030,000 | 5,268,925 | ||||||
|
|
|||||||
14,681,063 | ||||||||
|
|
|||||||
Holding Companies-Diversified 0.3% |
||||||||
Nielsen Co. Luxembourg SARL (The), 5.500%, 10/01/21(b) |
3,335,000 | 3,443,388 | ||||||
|
|
|||||||
Home Builders 0.3% |
||||||||
Brookfield Residential Properties, Inc./Brookfield Residential US Corp., 6.125%, 07/01/22(b) |
1,695,000 | 1,762,800 | ||||||
Taylor Morrison Communities, Inc./Monarch Communities, Inc., 5.250%, 04/15/21(b) |
1,605,000 | 1,629,075 | ||||||
|
|
|||||||
3,391,875 | ||||||||
|
|
|||||||
Household Products/Wares 0.3% |
||||||||
Century Intermediate Holding Co. 2, PIK, 9.750%, 02/15/19(b) |
863,000 | 920,174 | ||||||
Reynolds Group Issuer, Inc./Reynolds Group Issuer LLC/Reynolds Group Issuer Luxembourg I SA, 7.875%, 08/15/19 |
2,165,000 | 2,357,144 | ||||||
|
|
|||||||
3,277,318 | ||||||||
|
|
|||||||
Insurance 1.2% |
||||||||
Assured Guaranty Municipal Holdings, Inc., 6.400%, 12/15/66(a)(b) |
2,710,000 | 2,411,900 | ||||||
Assured Guaranty US Holdings, Inc., 5.000%, 07/01/24 |
5,480,000 | 5,447,361 | ||||||
Assured Guaranty US Holdings, Inc., Series A, 6.400%, 12/15/66(a) |
1,825,000 | 1,714,588 | ||||||
Genworth Financial, Inc., 6.150%, 11/15/66(a) |
1,125,000 | 1,070,156 | ||||||
MBIA, Inc., 5.700%, 12/01/34 |
72,000 | 68,040 | ||||||
MBIA, Inc., 6.625%, 10/01/28(e) |
2,500,000 | 2,550,000 | ||||||
|
|
|||||||
13,262,045 | ||||||||
|
|
|||||||
Internet 0.7% |
||||||||
Mood Media Corp., 9.250%, 10/15/20(b)(e) |
2,010,000 | 1,809,000 | ||||||
Pacnet Ltd., 9.000%, 12/12/18(b) |
800,000 | 866,000 | ||||||
Zayo Group LLC./Zayo Capital Inc., 8.125%, 01/01/20 |
4,175,000 | 4,550,750 | ||||||
|
|
|||||||
7,225,750 | ||||||||
|
|
See Notes to Schedules of Portfolio Investments.
Iron/Steel 0.1% |
| |||||||
Essar Steel Minnesota LLC, 11.500%, 05/15/20(b) |
1,590,000 | 1,607,888 | ||||||
|
|
|||||||
Leisure Time 0.2% |
||||||||
Viking Cruises Ltd., 8.500%, 10/15/22(b) |
1,505,000 | 1,663,025 | ||||||
|
|
|||||||
Lodging 1.4% |
||||||||
Caesars Entertainment Resort Properties LLC, 8.000%, 10/01/20(b) |
2,070,000 | 2,163,150 | ||||||
Downstream Development Authority of the Quapaw Tribe of Oklahoma, 10.500%, 07/01/19(b) |
4,005,000 | 4,315,387 | ||||||
Golden Nugget Escrow, Inc., 8.500%, 12/01/21(b)(e) |
2,490,000 | 2,614,500 | ||||||
Wynn Macau Ltd., 5.250%, 10/15/21(b) |
6,280,000 | 6,452,700 | ||||||
|
|
|||||||
15,545,737 | ||||||||
|
|
|||||||
Media 6.4% |
||||||||
Block Communications, Inc., 7.250%, 02/01/20(b) |
2,690,000 | 2,864,850 | ||||||
CCO Holdings LLC/Cap Corp., 5.125%, 02/15/23 |
2,870,000 | 2,895,112 | ||||||
CCO Holdings LLC/Cap Corp., 5.250%, 09/30/22(j) |
5,920,000 | 6,008,800 | ||||||
CCO Holdings LLC/Cap Corp., 5.750%, 09/01/23 |
2,465,000 | 2,554,356 | ||||||
CCO Holdings LLC/Cap Corp., 5.750%, 01/15/24 |
6,970,000 | 7,126,825 | ||||||
Clear Channel Communications, Inc., 9.000%, 03/01/21 |
2,145,000 | 2,295,150 | ||||||
Clear Channel Communications, Inc., PIK, 14.000%, 02/01/21(e) |
2,685,000 | 2,765,550 | ||||||
Columbus International, Inc., 7.375%, 03/30/21(b) |
2,370,000 | 2,553,675 | ||||||
DISH DBS Corp., 5.000%, 03/15/23 |
4,575,000 | 4,660,781 | ||||||
DISH DBS Corp., 5.125%, 05/01/20 |
1,910,000 | 2,007,888 | ||||||
DISH DBS Corp., 5.875%, 07/15/22(j) |
5,810,000 | 6,303,850 | ||||||
Lee Enterprises, Inc., 9.500%, 03/15/22(b) |
1,375,000 | 1,467,813 | ||||||
McGraw-Hill Global Education Holdings LLC/McGraw-Hill Global Education Finance, 9.750%, 04/01/21 |
825,000 | 946,688 | ||||||
Nielsen Finance LLC/Neilsen Finance Co., 5.000%, 04/15/22(b) |
1,285,000 | 1,294,638 | ||||||
Numericable Group SA, 6.000%, 05/15/22(b) |
4,900,000 | 5,096,000 | ||||||
Numericable Group SA, 6.250%, 05/15/24(b) |
2,450,000 | 2,557,187 | ||||||
Sirius XM Radio, Inc., 6.000%, 07/15/24(b)(e) |
2,530,000 | 2,631,200 | ||||||
Townsquare Radio LLC/Townsquare Radio, Inc., 9.000%, 04/01/19(b) |
1,870,000 | 2,071,025 | ||||||
Univision Communications, Inc., 5.125%, 05/15/23(b) |
1,545,000 | 1,635,769 | ||||||
Univision Communications, Inc., 6.750%, 09/15/22(b) |
3,925,000 | 4,342,031 | ||||||
VTR Finance BV, 6.875%, 01/15/24(b) |
4,530,000 | 4,864,033 | ||||||
|
|
|||||||
68,943,221 | ||||||||
|
|
|||||||
Mining 2.4% |
||||||||
Constellium, 5.750%, 05/15/24(b) |
1,285,000 | 1,349,250 | ||||||
First Quantum Minerals Ltd., 6.750%, 02/15/20(b) |
3,001,000 | 3,091,030 | ||||||
First Quantum Minerals Ltd., 7.000%, 02/15/21(b) |
4,871,000 | 5,011,041 | ||||||
FMG Resources August 2006 Pty Ltd., 6.875%, 04/01/22(b)(e) |
1,895,000 | 2,032,388 | ||||||
FMG Resources August 2006 Pty Ltd., 8.250%, 11/01/19(b)(e) |
6,115,000 | 6,657,706 | ||||||
Imperial Metals Corp., 7.000%, 03/15/19(b) |
5,860,000 | 6,013,825 | ||||||
Vulcan Materials Co., 7.500%, 06/15/21 |
940,000 | 1,112,725 | ||||||
|
|
|||||||
25,267,965 | ||||||||
|
|
|||||||
Miscellaneous Manufacturer 0.6% |
||||||||
Bombardier, Inc., 5.750%, 03/15/22(b)(e) |
1,065,000 | 1,091,625 | ||||||
Bombardier, Inc., 6.125%, 01/15/23(b)(j) |
4,830,000 | 4,974,900 | ||||||
|
|
|||||||
6,066,525 | ||||||||
|
|
See Notes to Schedules of Portfolio Investments.
Oil & Gas 10.0% |
||||||||
Atlas Energy Holdings Operating Co. LLC/Atlas Resource Finance Corp., 7.750%, 01/15/21 |
2,525,000 | 2,613,375 | ||||||
Atlas Energy Holdings Operating Co. LLC/Atlas Resource Finance Corp., 9.250%, 08/15/21 |
4,513,000 | 4,874,040 | ||||||
CITGO Petroleum Corp., 11.500%, 07/01/17(b) |
4,155,000 | 4,404,300 | ||||||
EnQuest PLC, 7.000%, 04/15/22(b) |
3,100,000 | 3,200,750 | ||||||
Halcon Resources Corp., 8.875%, 05/15/21 |
9,515,000 | 10,228,625 | ||||||
Halcon Resources Corp., 9.750%, 07/15/20 |
5,012,000 | 5,469,345 | ||||||
Hercules Offshore, Inc., 7.500%, 10/01/21(b)(e) |
2,565,000 | 2,545,763 | ||||||
Hilcorp Energy I LP/Hilcorp Finance Co., 5.000%, 12/01/24(b)(d) |
4,980,000 | 4,980,000 | ||||||
KCA Deutag UK Finance PLC, 7.250%, 05/15/21(b) |
2,820,000 | 2,918,700 | ||||||
Linn Energy LLC/Finance Corp., 8.625%, 04/15/20 |
855,000 | 923,400 | ||||||
MEG Energy Corp., 6.375%, 01/30/23(b) |
3,880,000 | 4,122,500 | ||||||
MEG Energy Corp., 7.000%, 03/31/24(b) |
5,450,000 | 6,008,625 | ||||||
North Atlantic Drilling Ltd., 6.250%, 02/01/19(b) |
6,600,000 | 6,517,500 | ||||||
Oasis Petroleum, Inc., 6.875%, 03/15/22(b) |
1,615,000 | 1,760,350 | ||||||
Oasis Petroleum, Inc., 6.875%, 01/15/23 |
2,470,000 | 2,692,300 | ||||||
Ocean Rig UDW, Inc., 7.250%, 04/01/19(b)(e) |
4,405,000 | 4,360,950 | ||||||
Offshore Drilling Holding SA, 8.375%, 09/20/20(b) |
3,725,000 | 4,125,437 | ||||||
Parsley Energy LLC/Parsley Finance Corp., 7.500%, 02/15/22(b) |
3,200,000 | 3,416,000 | ||||||
PetroQuest Energy, Inc., 10.000%, 09/01/17 |
1,935,000 | 2,041,619 | ||||||
Precision Drilling Corp., 5.250%, 11/15/24(b) |
2,775,000 | 2,788,875 | ||||||
Range Resources Corp., 5.000%, 03/15/23 |
3,270,000 | 3,482,550 | ||||||
Rex Energy Corp., 8.875%, 12/01/20 |
2,880,000 | 3,196,800 | ||||||
Sanchez Energy Corp., 6.125%, 01/15/23(b) |
1,915,000 | 1,977,238 | ||||||
SandRidge Energy, Inc., 7.500%, 03/15/21 |
4,255,000 | 4,611,356 | ||||||
Seadrill Ltd., 6.125%, 09/15/17(b) |
3,275,000 | 3,446,937 | ||||||
Seventy Seven Energy, Inc., 6.500%, 07/15/22(b) |
1,205,000 | 1,235,125 | ||||||
United Refining Co., 10.500%, 02/28/18(j) |
8,583,000 | 9,376,927 | ||||||
|
|
|||||||
107,319,387 | ||||||||
|
|
|||||||
Oil & Gas Services 0.7% |
||||||||
Forum Energy Technologies, Inc., 6.250%, 10/01/21(b) |
2,661,000 | 2,820,660 | ||||||
Hornbeck Offshore Services, Inc., 5.000%, 03/01/21 |
4,575,000 | 4,563,563 | ||||||
|
|
|||||||
7,384,223 | ||||||||
|
|
|||||||
Pharmaceuticals 1.6% |
||||||||
Catamaran Corp., 4.750%, 03/15/21 |
4,200,000 | 4,242,000 | ||||||
Grifols Worldwide Operations Ltd., 5.250%, 04/01/22(b) |
4,630,000 | 4,803,625 | ||||||
Valeant Pharmaceuticals International, Inc., 6.750%, 08/15/18(b) |
2,160,000 | 2,327,400 | ||||||
Valeant Pharmaceuticals International, Inc., 7.500%, 07/15/21(b) |
5,525,000 | 6,118,937 | ||||||
|
|
|||||||
17,491,962 | ||||||||
|
|
|||||||
Pipelines 2.7% |
||||||||
Access Midstream Partners LP/ACMP Finance Corp., 5.875%, 04/15/21 |
1,530,000 | 1,637,100 | ||||||
Access Midstream Partners LP/ACMP Finance Corp., 6.125%, 07/15/22 |
1,635,000 | 1,806,675 | ||||||
Crestwood Midstream Partners LP/Crestwood Midstream Finance Corp., 6.125%, 03/01/22(b) |
4,520,000 | 4,757,300 | ||||||
Energy Transfer Equity LP, 5.875%, 01/15/24(b) |
2,610,000 | 2,727,450 | ||||||
MarkWest Energy Partners LP/MarkWest Energy Finance Corp., 5.500%, 02/15/23 |
1,050,000 | 1,118,250 | ||||||
MarkWest Energy Partners LP/MarkWest Energy Finance Corp., 6.250%, 06/15/22 |
315,000 | 344,138 | ||||||
Regency Energy Partners LP/Regency Energy Finance Corp., 5.875%, 03/01/22 |
2,302,000 | 2,500,547 | ||||||
Sabine Pass Liquefaction LLC, 5.625%, 02/01/21 |
8,705,000 | 9,205,537 | ||||||
Southern Star Central Corp., 5.125%, 07/15/22(b) |
1,185,000 | 1,193,888 | ||||||
Targa Resources Partners LP/Targa Resources Partners Finance Corp., 5.250%, 05/01/23 |
2,050,000 | 2,142,250 | ||||||
Tesoro Logistics LP/Tesoro Logistics Finance Corp., 6.125%, 10/15/21 |
1,475,000 | 1,574,562 | ||||||
|
|
|||||||
29,007,697 | ||||||||
|
|
|||||||
Real Estate 1.1% |
||||||||
CBRE Services, Inc., 5.000%, 03/15/23 |
4,925,000 | 4,974,250 | ||||||
Forestar USA Real Estate Group, Inc., 8.500%, 06/01/22(b) |
899,000 | 930,465 | ||||||
Howard Hughes Corp., 6.875%, 10/01/21(b) |
6,035,000 | 6,457,450 | ||||||
|
|
|||||||
12,362,165 | ||||||||
|
|
See Notes to Schedules of Portfolio Investments.
Real Estate Investment Trust 0.9% |
| |||||||
CTR Partnership LP/CareTrust Capital Corp., 5.875%, 06/01/21(b) |
992,000 | 999,440 | ||||||
iStar Financial, Inc., 4.000%, 11/01/17 |
3,955,000 | 3,969,831 | ||||||
iStar Financial, Inc., 5.000%, 07/01/19 |
2,640,000 | 2,640,000 | ||||||
MPT Operating Partnership LP/MPT Finance Corp., 5.500%, 05/01/24 |
1,495,000 | 1,536,113 | ||||||
|
|
|||||||
9,145,384 | ||||||||
|
|
|||||||
Retail 2.9% |
||||||||
Group 1 Automotive, Inc., 5.000%, 06/01/22(b) |
2,680,000 | 2,680,000 | ||||||
Guitar Center, Inc., 6.500%, 04/15/19(b) |
1,255,000 | 1,242,450 | ||||||
Guitar Center, Inc., 9.625%, 04/15/20(b)(e) |
5,380,000 | 5,124,450 | ||||||
JC Penney Corp., Inc., 5.650%, 06/01/20(e) |
5,765,000 | 5,044,375 | ||||||
JC Penney Corp., Inc., 6.375%, 10/15/36(e) |
4,592,000 | 3,742,480 | ||||||
Landrys Holdings II, Inc., 10.250%, 01/01/18(b) |
720,000 | 763,200 | ||||||
rue21, Inc., 9.000%, 10/15/21(b)(e) |
1,645,000 | 1,192,625 | ||||||
Sears Holdings Corp., 6.625%, 10/15/18(e) |
10,045,000 | 9,253,956 | ||||||
Toys R US-Delaware, Inc., 7.375%, 09/01/16(b)(e) |
2,555,000 | 2,350,600 | ||||||
|
|
|||||||
31,394,136 | ||||||||
|
|
|||||||
Semiconductors 0.7% |
||||||||
Advanced Micro Devices, Inc., 7.000%, 07/01/24(b) |
2,315,000 | 2,364,194 | ||||||
Micron Technology, Inc., 5.875%, 02/15/22(b)(e) |
4,875,000 | 5,228,437 | ||||||
|
|
|||||||
7,592,631 | ||||||||
|
|
|||||||
Software 1.2% |
||||||||
Activision Blizzard, Inc., 5.625%, 09/15/21(b) |
4,625,000 | 4,983,438 | ||||||
Activision Blizzard, Inc., 6.125%, 09/15/23(b) |
2,625,000 | 2,887,500 | ||||||
Audatex North America, Inc., 6.000%, 06/15/21(b) |
2,392,000 | 2,553,460 | ||||||
Audatex North America, Inc., 6.125%, 11/01/23(b) |
204,000 | 217,770 | ||||||
Blackboard, Inc., 7.750%, 11/15/19(b) |
2,160,000 | 2,257,200 | ||||||
|
|
|||||||
12,899,368 | ||||||||
|
|
|||||||
Telecommunication Services 12.6% |
||||||||
Alcatel-Lucent USA, Inc., 6.750%, 11/15/20(b) |
2,490,000 | 2,651,850 | ||||||
Altice Financing SA, 6.500%, 01/15/22(b) |
4,240,000 | 4,515,600 | ||||||
Altice SA, 7.750%, 05/15/22(b) |
4,085,000 | 4,360,737 | ||||||
Avanti Communications Group PLC, 10.000%, 10/01/19(b) |
6,365,000 | 6,746,900 | ||||||
Avaya, Inc., 7.000%, 04/01/19(b) |
1,985,000 | 1,985,000 | ||||||
Avaya, Inc., 9.000%, 04/01/19(b) |
2,130,000 | 2,212,538 | ||||||
B Communications Ltd., 7.375%, 02/15/21(b) |
8,645,000 | 9,293,375 | ||||||
CenturyLink, Inc., Series V, 5.625%, 04/01/20 |
3,595,000 | 3,792,725 | ||||||
DigitalGlobe, Inc., 5.250%, 02/01/21(e) |
2,550,000 | 2,524,500 | ||||||
Level 3 Financing, Inc., 6.125%, 01/15/21(b) |
6,895,000 | 7,386,269 | ||||||
Level 3 Financing, Inc., 8.625%, 07/15/20 |
3,855,000 | 4,317,600 | ||||||
NII International Telecom SCA, 7.875%, 08/15/19(b)(e) |
4,815,000 | 4,164,975 | ||||||
NII International Telecom SCA., 11.375%, 08/15/19(b)(e) |
3,705,000 | 3,278,925 | ||||||
Nortel Networks Ltd., 10.750%, 07/15/16(h)(j) |
3,885,000 | 4,458,037 | ||||||
SBA Telecommunications, Inc., 5.750%, 07/15/20 |
3,565,000 | 3,778,900 | ||||||
Softbank Corp., 4.500%, 04/15/20(b) |
2,615,000 | 2,657,494 | ||||||
Sprint Capital Corp., 6.875%, 11/15/28 |
7,690,000 | 7,766,900 | ||||||
Sprint Capital Corp., 6.900%, 05/01/19(j) |
3,854,000 | 4,249,035 | ||||||
Sprint Communications, Inc., 7.000%, 08/15/20(j) |
4,175,000 | 4,618,594 | ||||||
Sprint Corp., 7.125%, 06/15/24(b) |
3,440,000 | 3,646,400 | ||||||
Sprint Corp., 7.875%, 09/15/23(b) |
3,570,000 | 3,971,625 | ||||||
T-Mobile USA, Inc., 6.125%, 01/15/22 |
3,630,000 | 3,852,338 | ||||||
T-Mobile USA, Inc., 6.250%, 04/01/21 |
2,340,000 | 2,486,250 | ||||||
T-Mobile USA, Inc., 6.542%, 04/28/20 |
3,140,000 | 3,391,200 | ||||||
T-Mobile USA, Inc., 6.633%, 04/28/21 |
3,890,000 | 4,210,925 | ||||||
Trilogy International Partners LLC, 10.250%, 08/15/16(b)(e) |
7,855,000 | 8,071,012 | ||||||
Tw telecom holdings, Inc., 5.375%, 10/01/22 |
3,985,000 | 4,358,594 |
See Notes to Schedules of Portfolio Investments.
ViaSat, Inc., 6.875%, 06/15/20 |
3,945,000 | 4,250,737 | ||||||
Virgin Media Finance PLC, 6.375%, 04/15/23(b) |
2,775,000 | 3,010,875 | ||||||
Wind Acquisition Finance SA, 7.250%, 02/15/18(b) |
1,775,000 | 1,875,288 | ||||||
Wind Acquisition Finance SA, 7.375%, 04/23/21(b) |
6,675,000 | 7,125,562 | ||||||
|
|
|||||||
135,010,760 | ||||||||
|
|
|||||||
Transportation 1.9% |
||||||||
CHC Helicopter SA, 9.250%, 10/15/20(j) |
4,833,000 | 5,267,970 | ||||||
Eletson Holdings, 9.625%, 01/15/22(b) |
3,100,000 | 3,324,750 | ||||||
Florida East Coast Holdings Corp., 6.750%, 05/01/19(b)(e) |
2,050,000 | 2,165,312 | ||||||
Florida East Coast Holdings Corp., 9.750%, 05/01/20(b)(e) |
1,515,000 | 1,600,219 | ||||||
Navios Maritime Acquisition Corp./Navios Acquisition Finance US, Inc., 8.125%, 11/15/21(b) |
1,916,000 | 2,002,220 | ||||||
Navios Maritime Holdings, Inc./Navios Maritime Finance II US, Inc., 7.375%, 01/15/22(b) |
2,375,000 | 2,446,250 | ||||||
Navios South American Logistics, Inc./Navios Logistics Finance US, Inc., 7.250%, 05/01/22(b) |
1,560,000 | 1,622,400 | ||||||
Topaz Marine SA, 8.625%, 11/01/18(b)(e) |
1,925,000 | 2,074,188 | ||||||
|
|
|||||||
20,503,309 | ||||||||
|
|
|||||||
Trucking & Leasing 0.1% |
||||||||
Flexi-Van Leasing, Inc., 7.875%, 08/15/18(b) |
835,000 | 901,800 | ||||||
|
|
|||||||
Total Corporate Bonds (Cost $828,219,694) |
|
866,488,568 | ||||||
|
|
|||||||
Convertible Corporate Bond 0.2% |
||||||||
Auto Parts & Equipment 0.2% |
||||||||
Meritor, Inc., 4.625%, 03/01/26(a)(e) |
2,145,000 | 2,287,106 | ||||||
|
|
|||||||
Total Convertible Corporate Bond (Cost $1,885,481) |
|
2,287,106 | ||||||
|
|
|||||||
Municipal Bonds 0.8% |
||||||||
Puerto Rico 0.8% |
||||||||
Commonwealth of Puerto Rico, Series A, GO, 8.000%, 07/01/35 |
7,800,000 | 6,864,078 | ||||||
Puerto Rico Sales Tax Financing Corp., Series A, RB, 6.500%, 08/01/44 |
2,165,000 | 1,862,160 | ||||||
|
|
|||||||
Total Municipal Bonds (Cost $8,906,955) |
8,726,238 | |||||||
|
|
|||||||
Preferred Stock 0.3% |
||||||||
Diversified Financial Services 0.3% |
||||||||
GMAC Capital Trust I, Series 2, 8.125%(a) |
121,110 | 3,306,303 | ||||||
|
|
|||||||
Total Preferred Stock (Cost $3,027,750) |
|
3,306,303 | ||||||
|
|
|||||||
Common Stocks 0.8% |
||||||||
Auto Manufacturers 0.8% |
||||||||
General Motors Co. |
228,862 | 8,307,691 | ||||||
|
|
|||||||
Energy-Alternate Sources 0.0%(c) |
||||||||
Aventine Renewable Energy Holdings, Inc.*(f) |
52,974 | 337,709 | ||||||
|
|
|||||||
Total Common Stocks (Cost $12,340,553) |
|
8,645,400 | ||||||
|
|
|||||||
Short-Term Investment 9.6% |
||||||||
RidgeWorth Funds Securities Lending Joint Account(k) |
103,583,653 | 103,583,653 | ||||||
|
|
|||||||
Total Short-Term Investment (Cost $103,583,653) |
|
103,583,653 | ||||||
|
|
|||||||
Money Market Fund 12.3% |
||||||||
State Street Institutional Treasury Money Market Fund, Institutional Class, 0.00%(l) |
131,801,877 | 131,801,877 | ||||||
|
|
|||||||
Total Money Market Fund (Cost $131,801,877) |
|
131,801,877 | ||||||
|
|
See Notes to Schedules of Portfolio Investments.
Total Investments (Cost $1,135,413,353) 108.9% |
1,170,634,701 | |||||
Liabilities in Excess of Other Assets (8.9)% |
(95,487,028 | ) | ||||
|
|
|||||
Net Assets 100.0% |
$ | 1,075,147,673 | ||||
|
|
* | Non-income producing security. |
(a) | Variable or floating rate security. Rate disclosed is as of June 30, 2014. |
(b) | Rule 144A, Section 4(2) or other security which is restricted as to resale to institutional investors. The Funds investment adviser/subadviser has deemed this security to be liquid based upon procedures approved by the Board of Trustees. These securities represent 52.0% of net assets as of June 30, 2014. |
(c) | Less than 0.05% of Net Assets. |
(d) | All or a portion of this security has been purchased on a when-issued or delayed-delivery basis. |
(e) | The security or a partial position of the security was on loan as of June 30, 2014. The total value of securities on loan as of June 30, 2014 was $101,265,835. |
(f) | The Funds investment adviser/subadviser has deemed this security to be illiquid based upon procedures approved by the Board of Trustees. |
(g) | Valued at fair value using procedures approved by the Board of Trustees. Fair valued securities held by the Fund represent 0.0 % of net assets as of June 30, 2014. |
(h) | Security is in default. |
(i) | Perpetual maturity. |
(j) | All or a portion of this security has been segregated, or otherwise earmarked, in connection with obligations for when-issued or delayed-delivery purchase commitments. |
(k) | Purchased with cash collateral held from securities lending. The value of the collateral could include collateral held for securities that were sold on or before June 30, 2014 (See Note 2(i)). |
(l) | Rate disclosed, the 7 day net yield, is as of June 30, 2014. |
Investment Abbreviations
GO | General Obligation | |
MTN | Medium Term Note | |
PIK | Payment in-kind | |
RB | Revenue Bond |
See Notes to Schedules of Portfolio Investments.
SCHEDULES OF PORTFOLIO INVESTMENTS
RIDGEWORTH FUNDS June 30, 2014
(Unaudited)
Intermediate Bond Fund
Shares or Principal Amount($) |
Value($) | |||||||
Collateralized Mortgage Obligations 1.5% |
||||||||
Agency Collateralized Planned Amortization Class Mortgage Obligations 1.2% |
||||||||
Federal Home Loan Mortgage Corporation |
||||||||
Series 4274, Cl PN, REMIC, 3.500%, 10/15/35 |
3,812,560 | 3,991,502 | ||||||
|
|
|||||||
Commercial Mortgage Backed Securities 0.3% |
||||||||
LB-UBS Commercial Mortgage Trust |
||||||||
Series 2005-C7, Cl A3, 5.450%, 11/15/30(a) |
1,045,496 | 1,045,293 | ||||||
|
|
|||||||
Total Collateralized Mortgage Obligations (Cost $5,028,144) |
|
5,036,795 | ||||||
|
|
|||||||
Corporate Bonds 24.5% |
||||||||
Aerospace/Defense 0.4% |
||||||||
L-3 Communications Corp., 3.950%, 05/28/24 |
1,203,000 | 1,211,213 | ||||||
|
|
|||||||
Agriculture 0.4% |
||||||||
Japan Tobacco, Inc., 2.100%, 07/23/18(b) |
1,395,000 | 1,407,197 | ||||||
|
|
|||||||
Airlines 0.7% |
||||||||
American Airlines Pass Through Trust, 4.950%, 01/15/23(b) |
1,475,009 | 1,596,697 | ||||||
United Airlines Pass Through Trust, Series 2014-1, Cl A, 4.000%, 04/11/26, Series A |
738,000 | 748,147 | ||||||
|
|
|||||||
2,344,844 | ||||||||
|
|
|||||||
Auto Manufacturers 0.4% |
||||||||
Daimler Finance N.A. LLC, 3.875%, 09/15/21(b) |
675,000 | 719,455 | ||||||
Volkswagen International Finance, 2.375%, 03/22/17(b) |
492,000 | 507,405 | ||||||
|
|
|||||||
1,226,860 | ||||||||
|
|
|||||||
Auto Parts & Equipment 0.2% |
||||||||
Delphi Corp., 4.150%, 03/15/24 |
614,000 | 637,541 | ||||||
|
|
|||||||
Banks 6.3% |
||||||||
Bank of America Corp., 2.600%, 01/15/19 |
1,117,000 | 1,130,139 | ||||||
Bank of America Corp., 4.000%, 04/01/24 |
474,000 | 483,732 | ||||||
Bank of America NA, 1.250%, 02/14/17 |
1,474,000 | 1,475,826 | ||||||
Citigroup, Inc., 2.500%, 09/26/18 |
1,751,000 | 1,779,540 | ||||||
Credit Suisse New York, 2.300%, 05/28/19, MTN |
1,672,000 | 1,674,685 | ||||||
Fifth Third Bank, 1.450%, 02/28/18 |
980,000 | 976,709 | ||||||
Goldman Sachs Group, Inc. (The), 2.625%, 01/31/19 |
1,527,000 | 1,547,755 | ||||||
HSBC Bank PLC, 3.500%, 06/28/15(b) |
511,000 | 526,493 | ||||||
Huntington National Bank (The), 1.300%, 11/20/16 |
962,000 | 966,185 | ||||||
Intesa Sanpaolo SpA, 5.017%, 06/26/24(b) |
961,000 | 972,354 | ||||||
JPMorgan Chase & Co., 3.625%, 05/13/24 |
1,265,000 | 1,270,071 | ||||||
JPMorgan Chase & Co., 5.000%, Series V(a)(c) |
1,378,000 | 1,372,893 | ||||||
KeyBank NA, 1.650%, 02/01/18 |
731,000 | 731,629 | ||||||
Morgan Stanley, 3.875%, 04/29/24, Series F |
804,000 | 813,745 | ||||||
Morgan Stanley, 5.000%, 11/24/25 |
2,271,000 | 2,422,176 | ||||||
PNC Funding Corp., 3.300%, 03/08/22 |
176,000 | 179,486 | ||||||
US Bank NA, 1.100%, 01/30/17 |
760,000 | 762,865 | ||||||
Wells Fargo & Co., 1.250%, 02/13/15, MTN |
817,000 | 821,770 | ||||||
Wells Fargo & Co., 4.100%, 06/03/26, MTN |
1,420,000 | 1,437,891 | ||||||
|
|
|||||||
21,345,944 | ||||||||
|
|
See Notes to Schedules of Portfolio Investments.
Beverages 0.4% |
| |||||||
Anheuser-Busch InBev Worldwide, Inc., 2.500%, 07/15/22 |
636,000 | 609,438 | ||||||
SABMiller Holdings, Inc., 2.450%, 01/15/17(b) |
650,000 | 669,821 | ||||||
|
|
|||||||
1,279,259 | ||||||||
|
|
|||||||
Chemicals 0.2% |
||||||||
Praxair, Inc., 4.625%, 03/30/15 |
605,000 | 624,269 | ||||||
|
|
|||||||
Commercial Services 0.5% |
||||||||
ERAC USA Finance LLC, 2.750%, 03/15/17(b) |
373,000 | 384,670 | ||||||
ERAC USA Finance LLC, 3.850%, 11/15/24(b) |
441,000 | 444,267 | ||||||
ERAC USA Finance LLC, 5.250%, 10/01/20(b) |
323,000 | 366,916 | ||||||
ERAC USA Finance LLC, 5.600%, 05/01/15(b) |
487,000 | 506,630 | ||||||
|
|
|||||||
1,702,483 | ||||||||
|
|
|||||||
Computers 1.1% |
||||||||
Apple, Inc., 2.850%, 05/06/21 |
1,285,000 | 1,296,070 | ||||||
IBM Corp., 0.875%, 10/31/14 |
1,740,000 | 1,743,450 | ||||||
IBM Corp., 1.250%, 02/06/17 |
839,000 | 845,824 | ||||||
|
|
|||||||
3,885,344 | ||||||||
|
|
|||||||
Diversified Financial Services 2.4% |
||||||||
American Express Credit Corp., 2.375%, 03/24/17, MTN |
326,000 | 337,023 | ||||||
Ford Motor Credit Co. LLC, 5.000%, 05/15/18 |
763,000 | 848,800 | ||||||
General Electric Capital Corp., 3.450%, 05/15/24, MTN |
701,000 | 703,508 | ||||||
John Deere Capital Corp., 1.250%, 12/02/14, MTN |
998,000 | 1,002,174 | ||||||
Lazard Group LLC, 4.250%, 11/14/20 |
1,388,000 | 1,454,201 | ||||||
Lazard Group LLC, 6.850%, 06/15/17 |
242,000 | 274,554 | ||||||
MassMutual Global Funding LLC, 2.000%, 04/05/17(b) |
454,000 | 464,133 | ||||||
Nomura Holdings, Inc., 2.750%, 03/19/19, MTN |
543,000 | 552,393 | ||||||
PACCAR Financial Corp., 1.550%, 09/29/14, MTN |
1,200,000 | 1,203,888 | ||||||
Toyota Motor Credit Corp., 3.200%, 06/17/15, MTN |
410,000 | 421,262 | ||||||
Woodside Finance Ltd., 4.600%, 05/10/21(b) |
668,000 | 729,152 | ||||||
|
|
|||||||
7,991,088 | ||||||||
|
|
|||||||
Electric 0.2% |
||||||||
Dominion Resources, Inc., 1.950%, 08/15/16 |
249,000 | 254,584 | ||||||
Exelon Generation Co. LLC, 6.200%, 10/01/17 |
295,000 | 336,104 | ||||||
|
|
|||||||
590,688 | ||||||||
|
|
|||||||
Electronics 0.2% |
||||||||
Thermo Fisher Scientific, Inc., 4.150%, 02/01/24 |
681,000 | 712,156 | ||||||
|
|
|||||||
Healthcare - Services 0.3% |
||||||||
Howard Hughes Medical Institute, 3.500%, 09/01/23 |
560,000 | 576,556 | ||||||
UnitedHealth Group, Inc., 2.875%, 03/15/23 |
619,000 | 607,228 | ||||||
|
|
|||||||
1,183,784 | ||||||||
|
|
|||||||
Insurance 1.1% |
||||||||
American International Group, Inc., 5.850%, 01/16/18, MTN |
1,113,000 | 1,270,581 | ||||||
Berkshire Hathaway, Inc., 3.200%, 02/11/15 |
814,000 | 828,343 | ||||||
Fairfax Financial Holdings Ltd., 5.800%, 05/15/21(b) |
321,000 | 347,049 | ||||||
Nationwide Financial Services, Inc., 5.375%, 03/25/21(b) |
737,000 | 820,744 | ||||||
Reinsurance Group of America, Inc., 4.700%, 09/15/23, MTN |
422,000 | 452,725 | ||||||
|
|
|||||||
3,719,442 | ||||||||
|
|
|||||||
Media 0.6% |
||||||||
Time Warner, Inc., 3.400%, 06/15/22 |
1,887,000 | 1,912,488 | ||||||
|
|
See Notes to Schedules of Portfolio Investments.
Mining 2.6% |
| |||||||
Barrick (PD) Australia Finance Property Ltd., 4.950%, 01/15/20 |
398,000 | 437,532 | ||||||
Barrick Gold Corp., 3.850%, 04/01/22 |
2,266,000 | 2,254,489 | ||||||
Barrick Gold Corp., 4.100%, 05/01/23 |
1,106,000 | 1,101,409 | ||||||
BHP Billiton Finance USA Ltd., 1.125%, 11/21/14 |
1,039,000 | 1,042,505 | ||||||
Newmont Mining Corp., 3.500%, 03/15/22(d) |
4,072,000 | 3,925,986 | ||||||
|
|
|||||||
8,761,921 | ||||||||
|
|
|||||||
Miscellaneous Manufacturer 0.3% |
||||||||
3M Co., 1.375%, 09/29/16 |
256,000 | 260,500 | ||||||
General Electric Co., 2.700%, 10/09/22 |
518,000 | 508,698 | ||||||
General Electric Co., 5.250%, 12/06/17 |
214,000 | 241,444 | ||||||
|
|
|||||||
1,010,642 | ||||||||
|
|
|||||||
Oil & Gas 0.5% |
||||||||
BP Capital Markets PLC, 2.248%, 11/01/16 |
416,000 | 428,918 | ||||||
Continental Resources, Inc., 3.800%, 06/01/24(b) |
715,000 | 722,726 | ||||||
Ensco PLC, 4.700%, 03/15/21 |
401,000 | 436,846 | ||||||
|
|
|||||||
1,588,490 | ||||||||
|
|
|||||||
Oil & Gas Services 0.4% |
||||||||
Schlumberger Investment SA, 3.300%, 09/14/21(b) |
331,000 | 343,331 | ||||||
Weatherford International Ltd., 5.125%, 09/15/20 |
993,000 | 1,112,194 | ||||||
|
|
|||||||
1,455,525 | ||||||||
|
|
|||||||
Pharmaceuticals 0.3% |
||||||||
Express Scripts Holding Co., 2.650%, 02/15/17 |
303,000 | 314,788 | ||||||
Mylan, Inc., 3.125%, 01/15/23(b) |
313,000 | 300,907 | ||||||
Novartis Securities Investment Ltd., 5.125%, 02/10/19 |
222,000 | 253,039 | ||||||
|
|
|||||||
868,734 | ||||||||
|
|
|||||||
Pipelines 1.0% |
||||||||
DCP Midstream Operating LP, 2.700%, 04/01/19 |
1,098,000 | 1,112,188 | ||||||
Enterprise Products Operating LLC, 3.350%, 03/15/23 |
1,002,000 | 1,003,752 | ||||||
Kinder Morgan Energy Partners LP, 3.450%, 02/15/23 |
1,132,000 | 1,098,543 | ||||||
|
|
|||||||
3,214,483 | ||||||||
|
|
|||||||
Real Estate Investment Trust 0.8% |
||||||||
American Tower Corp., 3.500%, 01/31/23 |
414,000 | 405,985 | ||||||
American Tower Corp., 5.000%, 02/15/24 |
1,076,000 | 1,168,674 | ||||||
Digital Realty Trust LP, 5.875%, 02/01/20(d) |
978,000 | 1,086,956 | ||||||
|
|
|||||||
2,661,615 | ||||||||
|
|
|||||||
Retail 0.4% |
||||||||
Wal-Mart Stores, Inc., 1.125%, 04/11/18 |
1,331,000 | 1,313,241 | ||||||
|
|
|||||||
Semiconductors 0.9% |
||||||||
Analog Devices, Inc., 3.000%, 04/15/16 |
360,000 | 373,203 | ||||||
Intel Corp., 1.950%, 10/01/16 |
298,000 | 305,788 | ||||||
Intel Corp., 2.700%, 12/15/22 |
1,502,000 | 1,460,243 | ||||||
TSMC Global Ltd., 1.625%, 04/03/18(b) |
952,000 | 938,138 | ||||||
|
|
|||||||
3,077,372 | ||||||||
|
|
|||||||
Software 0.2% |
||||||||
Oracle Corp., 1.200%, 10/15/17 |
323,000 | 322,568 | ||||||
Oracle Corp., 2.375%, 01/15/19 |
397,000 | 403,679 | ||||||
|
|
|||||||
726,247 | ||||||||
|
|
|||||||
Telecommunication Services 1.7% |
||||||||
AT&T, Inc., 2.375%, 11/27/18 |
1,374,000 | 1,397,041 | ||||||
CC Holdings GS V LLC/Crown Castle GS III Corp., 3.849%, 04/15/23 |
861,000 | 864,343 | ||||||
Cisco Systems, Inc., 2.125%, 03/01/19 |
729,000 | 734,665 |
See Notes to Schedules of Portfolio Investments.
Cisco Systems, Inc., 5.500%, 02/22/16 |
298,000 | 322,060 | ||||||
Verizon Communications, Inc., 5.150%, 09/15/23 |
2,250,000 | 2,517,959 | ||||||
|
|
|||||||
5,836,068 | ||||||||
|
|
|||||||
Total Corporate Bonds (Cost $79,735,031) |
|
82,288,938 | ||||||
|
|
|||||||
Municipal Bond 1.8% |
||||||||
New York 1.8% |
||||||||
Utility Debt Securitization Authority, Series T, RB, 2.554%, 06/15/22 |
6,074,000 | 6,085,662 | ||||||
|
|
|||||||
Total Municipal Bond (Cost $6,073,700) |
|
6,085,662 | ||||||
|
|
|||||||
U.S. Government Agency Mortgages 1.2% |
||||||||
Federal National Mortgage Association |
||||||||
Pool #AP1217, 2.500%, 07/01/27 |
1,203,972 | 1,224,689 | ||||||
Pool #AB7246, 2.500%, 12/01/27 |
2,588,787 | 2,633,323 | ||||||
|
|
|||||||
Total U.S. Government Agency Mortgages (Cost $3,822,338) |
|
3,858,012 | ||||||
|
|
|||||||
U.S. Treasury Obligations 67.9% |
||||||||
U.S. Treasury Notes 67.9% |
||||||||
0.375%, 11/15/15 |
57,708,000 | 57,838,766 | ||||||
0.500%, 06/15/16 |
37,196,000 | 37,242,495 | ||||||
0.875%, 02/28/17 |
30,133,000 | 30,243,648 | ||||||
0.750%, 02/28/18 |
15,934,000 | 15,683,788 | ||||||
1.375%, 07/31/18 |
31,422,000 | 31,461,278 | ||||||
1.500%, 01/31/19 |
29,546,000 | 29,527,534 | ||||||
2.500%, 05/15/24 |
26,570,000 | 26,532,643 | ||||||
|
|
|||||||
Total U.S. Treasury Obligations (Cost $227,647,447) |
|
228,530,152 | ||||||
|
|
|||||||
Foreign Government Bonds 1.4% |
||||||||
Sovereign 1.4% |
||||||||
Brazilian Government International Bond, 4.250%, 01/07/25 |
273,000 | 276,686 | ||||||
Colombia Government International Bond, 4.000%, 02/26/24 |
266,000 | 274,246 | ||||||
Indonesia Government International Bond, 3.375%, 04/15/23(b) |
1,475,000 | 1,368,062 | ||||||
Mexico Government International Bond, 4.000%, 10/02/23 |
2,338,000 | 2,457,238 | ||||||
Turkey Government International Bond, 7.375%, 02/05/25 |
392,000 | 476,280 | ||||||
|
|
|||||||
Total Foreign Government Bonds (Cost $4,648,027) |
|
4,852,512 | ||||||
|
|
|||||||
Short-Term Investment 1.5% |
||||||||
RidgeWorth Funds Securities Lending Joint Account(e) |
5,145,760 | 5,145,760 | ||||||
|
|
|||||||
Total Short-Term Investment (Cost $5,145,760) |
|
5,145,760 | ||||||
|
|
|||||||
Money Market Fund 2.8% |
||||||||
State Street Institutional Treasury Money Market Fund, Institutional Class, 0.00%(f) |
9,315,989 | 9,315,989 | ||||||
|
|
|||||||
Total Money Market Fund (Cost $9,315,989) |
|
9,315,989 | ||||||
|
|
|||||||
Total Investments (Cost $341,416,436) 102.6% |
345,113,820 | |||||||
Liabilities in Excess of Other Assets (2.6)% |
(8,605,538 | ) | ||||||
|
|
|||||||
Net Assets 100.0% |
$ | 336,508,282 | ||||||
|
|
(a) | Variable or floating rate security. Rate disclosed is as of June 30, 2014. |
(b) | Rule 144A, Section 4(2) or other security which is restricted as to resale to institutional investors. The Funds investment adviser/subadviser has deemed this security to be liquid based upon procedures approved by the Board of Trustees. These securities represent 4.2% of net assets as of June 30, 2014. |
(c) | Security is perpetual in nature and has no stated maturity. |
See Notes to Schedules of Portfolio Investments.
(d) | The security or a partial position of the security was on loan as of June 30, 2014. The total value of securities on loan as of June 30, 2014 was $5,019,029. |
(e) | Purchased with cash collateral held from securities lending. The value of the collateral could include collateral held for securities that were sold on or before June 30, 2014 (See Note 2(i)). |
(f) | Rate disclosed, the 7 day net yield, is as of June 30, 2014. |
Investment Abbreviations
MTN | Medium Term Note | |
RB | Revenue Bond | |
REMIC | Real Estate Mortgage Investment Conduit |
See Notes to Schedules of Portfolio Investments.
SCHEDULES OF PORTFOLIO INVESTMENTS
RIDGEWORTH FUNDS June 30, 2014
(Unaudited)
Investment Grade Tax-Exempt Bond Fund
Shares or Principal Amount($) |
Value($) | |||||||
Municipal Bonds 97.9% |
||||||||
Alabama 2.3% |
||||||||
Birmingham, Series A, GO, 0.000%, 03/01/27(a) |
2,500,000 | 2,455,075 | ||||||
Birmingham, Series A, GO, 0.000%, 03/01/37(a) |
3,000,000 | 2,810,910 | ||||||
Birmingham Special Care Facilities Financing Authority Health Care Facilities, Childrens Hospital of Alabama, RB, 6.000%, 06/01/39, AGC(b) |
9,000,000 | 10,380,510 | ||||||
|
|
|||||||
15,646,495 | ||||||||
|
|
|||||||
Alaska 7.2% |
||||||||
Matanuska-Susitna Borough Lease, Goose Creek Correctional Center, RB, 5.500%, 09/01/23, AGC(b) |
18,000,000 | 21,256,920 | ||||||
Matanuska-Susitna Borough Lease, Goose Creek Correctional Center, RB, 6.000%, 09/01/28, AGC(b) |
15,500,000 | 18,639,835 | ||||||
Matanuska-Susitna Borough Lease, Goose Creek Correctional Center, RB, 6.000%, 09/01/32, AGC |
7,250,000 | 8,537,165 | ||||||
|
|
|||||||
48,433,920 | ||||||||
|
|
|||||||
California 25.0% |
||||||||
California Health Facilities Financing Authority, Series C, RB, 6.250%, 10/01/24 |
3,500,000 | 4,261,460 | ||||||
California Health Facilities Financing Authority, Series C, RB, 6.500%, 10/01/33 |
6,500,000 | 7,981,610 | ||||||
California Health Facilities Financing Authority, Series C, RB, 6.500%, 10/01/38(b) |
5,400,000 | 6,630,876 | ||||||
California State, GO, 5.000%, 12/01/15 |
6,750,000 | 7,211,025 | ||||||
California State, GO, 5.000%, 12/01/27 |
8,890,000 | 10,405,567 | ||||||
California State, GO, 5.000%, 12/01/28 |
2,500,000 | 2,909,800 | ||||||
California State, GO, 5.000%, 12/01/30 |
5,000,000 | 5,748,750 | ||||||
California State, GO, 5.000%, 05/01/31 |
10,395,000 | 11,934,499 | ||||||
California State, GO, 5.000%, 12/01/31 |
4,000,000 | 4,570,960 | ||||||
California State, GO, 5.000%, 05/01/32 |
2,550,000 | 2,916,078 | ||||||
California State, GO, 6.500%, 04/01/33(b) |
24,500,000 | 29,871,870 | ||||||
Los Angeles California Community College District, Series A, GO, 6.000%, 08/01/33(b) |
10,000,000 | 11,868,400 | ||||||
Los Angeles California Wastewater System, Series A, RB, 5.750%, 06/01/34 |
5,000,000 | 5,845,350 | ||||||
Los Angeles County Regional Financing Authority, Series B-2, RB, 3.000%, 11/15/20, CA MTG INS |
1,500,000 | 1,535,235 | ||||||
Los Angeles Unified School District, Series C, GO, 5.000%, 07/01/28 |
2,750,000 | 3,245,688 | ||||||
Orange County Community Facilities District, Series A, 5.000%, 08/15/31 |
4,820,000 | 5,318,533 | ||||||
Orange County Community Facilities District, Series A, 5.000%, 08/15/32 |
3,500,000 | 3,845,730 | ||||||
Orange County Community Facilities District, Series A, 5.000%, 08/15/33 |
2,500,000 | 2,740,325 | ||||||
Orange County Community Facilities District, Series A, 5.000%, 08/15/34 |
1,500,000 | 1,631,355 | ||||||
Sacramento County Sanitation District Financing Authority, Series A, RB, 5.000%, 12/01/33(c) |
5,500,000 | 6,285,345 | ||||||
San Francisco City & County Airports Commission, AMT, RB, 5.750%, 05/01/24, AGM |
5,000,000 | 5,693,550 | ||||||
South Orange County Public Financing Authority, Series A, 5.000%, 08/15/30 |
1,000,000 | 1,097,450 | ||||||
South Orange County Public Financing Authority, Series A, 5.000%, 08/15/31 |
1,000,000 | 1,089,540 | ||||||
South Orange County Public Financing Authority, Series A, 5.000%, 08/15/33 |
1,850,000 | 1,998,740 | ||||||
University of California, Series O, RB, 5.750%, 05/15/27 |
3,000,000 | 3,615,330 | ||||||
University of California, Series O, RB, 5.750%, 05/15/28(b) |
10,000,000 | 11,942,100 | ||||||
University of California, Series O, RB, 5.750%, 05/15/29(b) |
5,095,000 | 6,079,252 | ||||||
|
|
|||||||
168,274,418 | ||||||||
|
|
See Notes to Schedules of Portfolio Investments.
District of Columbia 1.7% |
| |||||||
District of Columbia, Income Tax, Series A, RB, 5.500%, 12/01/30(b) |
8,000,000 | 9,407,520 | ||||||
Metropolitan Washington D.C. Airports Authority, Airport System, Series A, AMT, RB, 5.000%, 10/01/19(c) |
2,000,000 | 2,328,580 | ||||||
|
|
|||||||
11,736,100 | ||||||||
|
|
|||||||
Florida 3.3% |
||||||||
Florida State, Series A, GO, 5.000%, 06/01/18 |
1,855,000 | 2,146,458 | ||||||
Florida State Board of Governors, Series A, RB, 5.000%, 10/01/20 |
2,285,000 | 2,670,205 | ||||||
Florida State Board of Governors, Series A, RB, 5.000%, 10/01/21 |
2,410,000 | 2,827,364 | ||||||
Lake County School Board, Series A, COP, 5.000%, 06/01/30, AGM(c) |
2,100,000 | 2,339,652 | ||||||
Miami-Dade County, Building Better Communities Program, Series B, GO, 6.000%, 07/01/23 |
2,000,000 | 2,352,600 | ||||||
Miami-Dade County, Building Better Communities Program, Series B, GO, 6.125%, 07/01/25 |
3,000,000 | 3,525,540 | ||||||
Orlando FL Contract Tourist DE, 5.250%, 11/01/34 |
3,785,000 | 4,383,219 | ||||||
Polk County School District Sales Tax Authority, RB, 5.250%, 10/01/15, AGM |
2,000,000 | 2,023,760 | ||||||
|
|
|||||||
22,268,798 | ||||||||
|
|
|||||||
Illinois 9.6% |
||||||||
Chicago, Series A, GO, 5.000%, 01/01/34 |
5,000,000 | 5,148,700 | ||||||
Chicago, Series A, GO, 5.250%, 01/01/30 |
7,200,000 | 7,653,888 | ||||||
Chicago, Series A, GO, 5.250%, 01/01/32 |
6,000,000 | 6,340,080 | ||||||
Chicago, Series A, GO, 5.250%, 01/01/33 |
6,000,000 | 6,311,640 | ||||||
Chicago, Series C, GO, 5.000%, 01/01/26 |
3,400,000 | 3,574,590 | ||||||
Chicago, Series C, GO, 5.000%, 01/01/27 |
8,000,000 | 8,356,800 | ||||||
Chicago Board of Education, Series A, GO, 5.250%, 12/01/26, AGC-ICC |
3,290,000 | 3,588,239 | ||||||
Chicago IL O Hare International Airport Revenue, Series D, RB, 5.250%, 01/01/19, NATL-RE, AMT(b) |
7,680,000 | 7,864,166 | ||||||
Chicago Public Building Commission, RB, 5.250%, 12/01/18, NATL-RE |
2,625,000 | 2,977,905 | ||||||
Chicago Transit Authority, RB, 5.000%, 12/01/44(c) |
3,750,000 | 4,050,262 | ||||||
Grundy Kendall & Will Counties Community School District No. 201, GO, 5.750%, 10/15/21, AGC |
4,340,000 | 5,050,371 | ||||||
Illinois State, GO, 5.250%, 04/01/27 |
1,500,000 | 1,613,895 | ||||||
University of Illinois, Auxiliary Facilities System, Series A, RB, 5.750%, 04/01/38 |
2,000,000 | 2,273,200 | ||||||
|
|
|||||||
64,803,736 | ||||||||
|
|
|||||||
Kansas 4.7% |
||||||||
Kansas State Development Finance Authority, Adventist Bolingbrook Hospital, RB, 5.750%, 11/15/38(b) |
26,090,000 | 29,364,034 | ||||||
Kansas State Development Finance Authority, Adventist Bolingbrook Hospital, Series D, RB, 5.000%, 11/15/22 |
2,000,000 | 2,225,340 | ||||||
|
|
|||||||
31,589,374 | ||||||||
|
|
|||||||
Maryland 2.6% |
||||||||
Baltimore County, GO, 5.000%, 08/01/15 |
2,810,000 | 2,958,087 | ||||||
Maryland State, Series A, GO, 5.000%, 03/01/24 |
3,640,000 | 4,317,732 | ||||||
Maryland State Department of Transportation, Series B, RB, 5.000%, 02/15/19 |
9,000,000 | 10,306,980 | ||||||
|
|
|||||||
17,582,799 | ||||||||
|
|
|||||||
Massachusetts 2.4% |
||||||||
Commonwealth of Massachusetts, Series A, GO, 5.000%, 04/01/25 |
5,520,000 | 6,507,693 | ||||||
Massachusetts School Building Authority, Series A, RB, 5.000%, 08/15/30, Pre-refunded 08/15/2015 @ 100, AGM |
3,500,000 | 3,690,435 | ||||||
Massachusetts State, Consolidated Lien, Series C, GO, 5.000%, 09/01/18, Pre-refunded 09/01/2015 @ 100 |
5,310,000 | 5,609,909 | ||||||
|
|
|||||||
15,808,037 | ||||||||
|
|
|||||||
Michigan 2.4% |
||||||||
Michigan Finance Authority, RB, 5.000%, 07/01/21 |
14,000,000 | 16,043,300 | ||||||
|
|
See Notes to Schedules of Portfolio Investments.
Minnesota 0.8% |
| |||||||
Western Minnesota Municipal Power Agency, Series A, RB, 5.000%, 01/01/32(c) |
1,500,000 | 1,722,390 | ||||||
Western Minnesota Municipal Power Agency, Series A, RB, 5.000%, 01/01/33(c) |
1,725,000 | 1,967,069 | ||||||
Western Minnesota Municipal Power Agency, Series A, RB, 5.000%, 01/01/34(c) |
1,450,000 | 1,645,866 | ||||||
|
|
|||||||
5,335,325 | ||||||||
|
|
|||||||
Missouri 3.6% |
||||||||
Missouri State Board of Public Buildings, Series A, RB, 5.000%, 10/01/21 |
13,875,000 | 16,541,220 | ||||||
Missouri State Highways & Transit Commission State Road, Second Lien, RB, 5.250%, 05/01/20 |
6,500,000 | 7,363,850 | ||||||
|
|
|||||||
23,905,070 | ||||||||
|
|
|||||||
New Jersey 2.3% |
||||||||
New Jersey State Transportation Trust Fund Authority, Transportation System, Series A, RB, 6.000%, 12/15/38 |
7,710,000 | 8,956,938 | ||||||
New Jersey Transportation Trust Fund Authority, Series A, RB, 6.000%, 06/15/35, ST APPROP |
5,305,000 | 6,369,236 | ||||||
|
|
|||||||
15,326,174 | ||||||||
|
|
|||||||
New York 11.9% |
||||||||
Erie County Industrial Development Agency, City School District Buffalo, Series A, RB, 5.750%, 05/01/29, BHAC |
5,340,000 | 6,114,887 | ||||||
New York City, GO, 5.000%, 08/15/23, Pre-refunded 08/15/2014 @ 100 |
13,730,000 | 13,813,616 | ||||||
New York City Municipal Water Finance Authority, Water & Sewer System, Series A, RB, 5.750%, 06/15/40(b) |
15,330,000 | 17,536,447 | ||||||
New York City Transitional Finance Authority, Building Aid, Series S-2, RB, 6.000%, 07/15/38, State Aid Withholding(b) |
7,500,000 | 8,714,625 | ||||||
New York City Transitional Finance Authority Future Tax Secured Revenue, RB, 5.000%, 11/01/15 |
21,125,000 | 22,491,999 | ||||||
New York City Transitional Finance Authority Future Tax Secured Revenue, RB, 5.000%, 02/01/28 |
5,000,000 | 5,545,450 | ||||||
Tobacco Settlement Financing Corp., Series B, RB, 5.000%, 06/01/20 |
2,000,000 | 2,158,160 | ||||||
Tobacco Settlement Financing Corp., Series B, RB, 5.000%, 06/01/21 |
2,000,000 | 2,235,780 | ||||||
Tobacco Settlement Financing Corp., Series B, RB, 5.000%, 06/01/22 |
1,000,000 | 1,116,350 | ||||||
|
|
|||||||
79,727,314 | ||||||||
|
|
|||||||
Oregon 2.1% |
||||||||
Oregon State Department of Transportation, Highway User Tax, Series A, RB, 5.000%, |
3,000,000 | 3,709,830 | ||||||
Oregon State Department of Transportation, Highway User Tax, Series A, RB, 5.000%, |
2,000,000 | 2,405,980 | ||||||
Oregon State Department of Transportation, Highway User Tax, Series A, RB, 5.000%, |
4,500,000 | 5,381,415 | ||||||
Oregon State Department of Transportation, Highway User Tax, Series B, RB, 5.000%, 11/15/17, Pre-refunded 11/15/2014 @ 100 |
2,500,000 | 2,545,475 | ||||||
|
|
|||||||
14,042,700 | ||||||||
|
|
|||||||
Pennsylvania 3.4% |
||||||||
Pennsylvania Economic Development Financing Authority, RB, 5.000%, 07/01/21 |
7,500,000 | 8,505,150 | ||||||
Pennsylvania Economic Development Financing Authority, RB, 5.000%, 01/01/22 |
3,000,000 | 3,373,170 | ||||||
University of Pittsburgh, Commonwealth System of Higher Education, Series B, RB, 5.500%, 09/15/23, GO of University |
6,750,000 | 7,947,585 | ||||||
University of Pittsburgh, Commonwealth System of Higher Education, Series B, RB, 5.500%, 09/15/24, GO of University |
2,500,000 | 2,936,100 | ||||||
|
|
|||||||
22,762,005 | ||||||||
|
|
|||||||
Texas 8.5% |
||||||||
Dallas Community College District, GO, 5.000%, 02/15/24 |
5,850,000 | 6,612,255 | ||||||
Dallas Independent School District, GO, 6.375%, 02/15/34, PSF-GTD(b) |
6,000,000 | 7,089,360 | ||||||
Lower Colorado River Authority, Series A, RB, 5.875%, 05/15/15, AGM |
1,185,000 | 1,190,569 | ||||||
North Harris County Regional Water Authority, RB, 5.250%, 12/15/18, NATL-RE |
2,690,000 | 2,747,916 |
See Notes to Schedules of Portfolio Investments.
San Antonio Electric & Gas, RB, 5.000%, 02/01/24, Pre-refunded 02/01/2015 @ 100 |
1,875,000 | 1,927,669 | ||||||
Texas State, Series A, GO, 5.000%, 10/01/27(c) |
7,115,000 | 8,566,460 | ||||||
Texas State, Series A, GO, 5.000%, 10/01/28(c) |
3,000,000 | 3,597,150 | ||||||
Texas State Public Finance Authority, Unemployment Comp., Series A, RB, 5.000%, 01/01/15 |
5,000,000 | 5,123,100 | ||||||
Texas State Public Finance Authority, Unemployment Comp., Series B, RB, 4.000%, 07/01/17 |
10,000,000 | 10,864,400 | ||||||
Texas State University Systems Financing, RB, 5.000%, 03/15/18, AGM |
5,035,000 | 5,202,867 | ||||||
United Independent School District, GO, 5.000%, 08/15/44, PSF-GTD(c) |
3,500,000 | 3,972,955 | ||||||
|
|
|||||||
56,894,701 | ||||||||
|
|
|||||||
Virginia 0.3% |
||||||||
Norfolk, Series C, GO, 5.000%, 04/01/23 |
1,875,000 | 2,100,169 | ||||||
|
|
|||||||
Washington 3.8% |
||||||||
Energy Northwest, Series C, RB, 5.000%, 07/01/24 |
4,000,000 | 4,541,840 | ||||||
Washington State, Series A, GO, 5.000%, 08/01/24 |
8,880,000 | 10,520,136 | ||||||
Washington State, Series R-2015 A, GO, 5.000%, 07/01/18(c) |
9,000,000 | 10,392,750 | ||||||
|
|
|||||||
25,454,726 | ||||||||
|
|
|||||||
Total Municipal Bonds (Cost $617,480,898) |
|
657,735,161 | ||||||
|
|
|||||||
Money Market Fund 10.6% |
||||||||
Federated Tax-Free Obligations Fund, Institutional Shares, 0.01%(d) |
71,268,960 | 71,268,960 | ||||||
|
|
|||||||
Total Money Market Fund (Cost $71,268,960) |
|
71,268,960 | ||||||
|
|
|||||||
Total Investments (Cost $688,749,858) 108.5% |
729,004,121 | |||||||
Liabilities in Excess of Other Assets (8.5)% |
(56,858,653 | ) | ||||||
|
|
|||||||
Net Assets 100.0% |
$ | 672,145,468 | ||||||
|
|
(a) | Step bond. The rate shown is the rate in effect as of June 30, 2014. |
(b) | All or a portion of this security has been segregated, or otherwise earmarked, in connection with obligations for when-issued or delayed-delivery purchase commitments. |
(c) | All or a portion of this security has been purchased on a when-issued or delayed-delivery basis. |
(d) | Rate disclosed, the 7 day net yield, is as of June 30, 2014. |
Investment Abbreviations
AGC | Security guaranteed by Assured Guaranty Corporation | |
AGC-ICC | Assured Guaranty Corporation Insured Custody Certificates | |
AGM | Security guaranteed by Assured Guaranty Municipal Corporation | |
AMT | Income subject to Alternative Minimum Tax | |
BHAC | Security guaranteed by Berkshire Hathaway Assurance Corporation | |
CA MTG INS | California Mortgage Insurance | |
COP | Certificate of Participation | |
GO | General Obligation | |
NATL-RE | Reinsurance provided by National Public Finance Guarantee Corporation | |
PSF-GTD | Security guaranteed by Permanent School Fund Guarantee Program | |
RB | Revenue Bond | |
ST APPROP | State Appropriation |
See Notes to Schedules of Portfolio Investments.
SCHEDULES OF PORTFOLIO INVESTMENTS
RIDGEWORTH FUNDS June 30, 2014
(Unaudited)
Limited Duration Fund
Shares or Principal Amount($) |
Value($) | |||||||
Asset-Backed Securities 41.6% |
||||||||
Automobiles 18.9% |
||||||||
Ally Auto Receivables Trust 2010-3, Series 2010-3, Cl B, 2.290%, 11/16/15(a) |
300,000 | 300,234 | ||||||
AmeriCredit Automobile Receivables Trust, Series 2012-4, Cl A2, 0.490%, 04/08/16 |
21,360 | 21,361 | ||||||
AmeriCredit Automobile Receivables Trust, Series 2014-2, Cl A2B, 0.432%, 10/10/17(b) |
280,000 | 280,025 | ||||||
Honda Auto Receivables Owner Trust, Series 2013-4, Cl A1, 0.240%, 11/18/14 |
54,829 | 54,829 | ||||||
Mercedes Benz Auto Lease Trust 2014-A, Series 2014-A, Cl A2B, 0.332%, 06/15/16(b) |
330,000 | 330,071 | ||||||
Santander Drive Auto Receivables Trust, Series 2012-AA, Cl A3, 0.650%, 03/15/17(a) |
269,074 | 269,256 | ||||||
|
|
|||||||
1,255,776 | ||||||||
|
|
|||||||
Credit Card 21.0% |
||||||||
American Express Issuance Trust II, Series 2013-1, Cl B, 0.602%, 02/15/19(b) |
400,000 | 397,776 | ||||||
Barclays Dryrock Issuance Trust, Series 2014-1, Cl A, 0.512%, 12/16/19(b) |
300,000 | 300,318 | ||||||
Capital One Multi-Asset Execution Trust, Series 2006-B1, Cl B1, 0.432%, 01/15/19(b) |
300,000 | 298,605 | ||||||
Discover Card Master Trust, Series 2013-A1, Cl A1, 0.452%, 08/17/20(b) |
400,000 | 400,556 | ||||||
|
|
|||||||
1,397,255 | ||||||||
|
|
|||||||
Student Loan Asset Backed Security 1.7% |
||||||||
SLM Student Loan Trust, Series 2012-7, Cl A1, 0.312%, 02/27/17(b) |
112,653 | 112,610 | ||||||
|
|
|||||||
Total Asset-Backed Securities (Cost $2,765,060) |
|
2,765,641 | ||||||
|
|
|||||||
Collateralized Mortgage Obligations 55.9% |
||||||||
Agency Collateralized Mortgage Obligations 55.9% |
||||||||
Federal Home Loan Mortgage Corporation |
||||||||
Series 3066, Cl FG, REMIC, 0.352%, 03/15/24(b) |
1,356,988 | 1,358,675 | ||||||
Series 4231, Cl FD, REMIC, 0.502%, 10/15/32(b) |
924,616 | 923,468 | ||||||
|
|
|||||||
2,282,143 | ||||||||
|
|
|||||||
Federal National Mortgage Association |
||||||||
Series 2004-79, Cl FM, 0.452%, 11/25/24(b) |
1,022,636 | 1,024,550 | ||||||
Series 2010-90, Cl MF, 0.552%, 04/25/28(b) |
408,050 | 409,098 | ||||||
|
|
|||||||
1,433,648 | ||||||||
|
|
|||||||
Total Collateralized Mortgage Obligations (Cost $3,701,205) |
|
3,715,791 | ||||||
|
|
|||||||
Money Market Fund 2.5% |
||||||||
State Street Institutional Treasury Money Market Fund, Institutional Class, 0.00%(c) |
166,856 | 166,856 | ||||||
|
|
|||||||
Total Money Market Fund (Cost $166,856) |
|
166,856 | ||||||
|
|
|||||||
Total Investments (Cost $6,633,121) 100.0% |
6,648,288 | |||||||
Other Assets in Excess of Liabilities 0.0%(d) |
2,278 | |||||||
|
|
|||||||
Net Assets 100.0% |
$ | 6,650,566 | ||||||
|
|
See Notes to Schedules of Portfolio Investments.
(a) | Rule 144A, Section 4(2) or other security which is restricted as to resale to institutional investors. The Funds investment adviser/subadviser has deemed this security to be liquid based upon procedures approved by the Board of Trustees. These securities represent 8.6% of net assets as of June 30, 2014. |
(b) | Variable or floating rate security. Rate disclosed is as of June 30, 2014. |
(c) | Rate disclosed, the 7 day net yield, is as of June 30, 2014. |
(d) | Less than 0.05% of Net Assets. |
Investment Abbreviations
REMIC | Real Estate Mortgage Investment Conduit |
See Notes to Schedules of Portfolio Investments.
SCHEDULES OF PORTFOLIO INVESTMENTS
RIDGEWORTH FUNDS June 30, 2014
(Unaudited)
Limited-Term Federal Mortgage Securities Fund
Shares or Principal Amount($) |
Value($) | |||||||
Collateralized Mortgage Obligations 13.6% |
||||||||
Agency Collateralized Mortgage Obligations 11.2% |
||||||||
Federal Home Loan Mortgage Corporation |
||||||||
Series 3800, Cl CB, 3.500%, 02/15/26 |
159,000 | 165,490 | ||||||
Series 3909, Cl UB, REMIC, 3.500%, 08/15/26 |
800,000 | 832,678 | ||||||
|
|
|||||||
998,168 | ||||||||
|
|
|||||||
Federal National Mortgage Association |
||||||||
Series 2012-17, Cl BC, 3.500%, 03/25/27 |
96,000 | 98,646 | ||||||
|
|
|||||||
1,096,814 | ||||||||
|
|
|||||||
Commercial Mortgage Backed Securities 2.4% |
||||||||
JP Morgan Chase Commercial Mortgage Securities Trust |
||||||||
Series 2011-C5, Cl AS, 5.320%, 08/15/46(a)(b) |
200,000 | 230,686 | ||||||
|
|
|||||||
Total Collateralized Mortgage Obligations (Cost $1,342,003) |
|
1,327,500 | ||||||
|
|
|||||||
U.S. Government Agency Mortgages 75.2% |
||||||||
Federal Home Loan Mortgage Corporation |
||||||||
Pool #C01785, 5.000%, 02/01/34 |
272,721 | 302,855 | ||||||
Pool #G01828, 4.500%, 04/01/35 |
233,389 | 253,216 | ||||||
Pool #A47828, 3.500%, 08/01/35 |
226,907 | 235,316 | ||||||
Pool #G03092, 5.500%, 07/01/37 |
215,103 | 242,160 | ||||||
Pool #A85718, 4.000%, 04/01/39 |
94,563 | 100,576 | ||||||
Pool #G08347, 4.500%, 06/01/39 |
49,659 | 53,777 | ||||||
Pool #A89148, 4.000%, 10/01/39 |
92,031 | 97,628 | ||||||
Pool #G08372, 4.500%, 11/01/39 |
100,008 | 108,289 | ||||||
Pool #A93101, 5.000%, 07/01/40 |
202,025 | 223,788 | ||||||
Pool #A93617, 4.500%, 08/01/40 |
105,297 | 114,039 | ||||||
Pool #A94362, 4.000%, 10/01/40 |
59,930 | 63,702 | ||||||
Pool #A95084, 4.000%, 11/01/40 |
52,623 | 56,478 | ||||||
Pool #G06802, 4.500%, 10/01/41 |
200,042 | 216,599 | ||||||
|
|
|||||||
2,068,423 | ||||||||
|
|
|||||||
Federal National Mortgage Association |
||||||||
Pool #AM5696, 3.370%, 05/01/24 |
718,000 | 746,966 | ||||||
Pool #AK6980, 2.500%, 03/01/27 |
501,695 | 510,288 | ||||||
Pool #AP9623, 2.000%, 10/01/27 |
79,043 | 78,131 | ||||||
Pool #AL2716, 2.000%, 12/01/27 |
59,927 | 59,235 | ||||||
Pool #AB1763, 4.000%, 11/01/30 |
124,620 | 134,054 | ||||||
Pool #MA0919, 3.500%, 12/01/31 |
330,755 | 346,874 | ||||||
Pool #MA0976, 3.500%, 02/01/32 |
89,480 | 93,851 | ||||||
Pool #730727, 5.000%, 08/01/33 |
188,015 | 210,966 | ||||||
Pool #745044, 4.500%, 08/01/35 |
74,909 | 81,253 | ||||||
Pool #AL0049, 6.000%, 12/01/35 |
81,896 | 92,222 | ||||||
Pool #AI7951, 4.500%, 08/01/36 |
111,790 | 121,118 | ||||||
Pool #AK6957, 4.000%, 03/01/37 |
458,946 | 488,612 | ||||||
Pool #AK6960, 4.000%, 03/01/37 |
556,251 | 591,258 | ||||||
Pool #889529, 6.000%, 03/01/38 |
168,686 | 189,964 |
See Notes to Schedules of Portfolio Investments.
Pool #AU4728, 4.000%, 09/01/38 |
171,462 | 182,224 | ||||||
Pool #AE0215, 4.000%, 12/01/39 |
20,848 | 22,156 | ||||||
Pool #AD8033, 4.000%, 08/01/40 |
39,322 | 41,790 | ||||||
Pool #AB1343, 4.500%, 08/01/40 |
125,352 | 137,193 | ||||||
Pool #AC4624, 3.500%, 10/01/40 |
252,085 | 260,191 | ||||||
Pool #AE4113, 4.000%, 10/01/40 |
49,904 | 53,036 | ||||||
Pool #AE0624, 4.000%, 11/01/40 |
138,593 | 147,292 | ||||||
Pool #AE4414, 4.000%, 11/01/40 |
54,533 | 57,955 | ||||||
Pool #AE5143, 4.000%, 11/01/40 |
48,843 | 51,908 | ||||||
Pool #AL0005, 4.500%, 01/01/41 |
59,552 | 64,543 | ||||||
Pool #AB2265, 4.000%, 02/01/41 |
224,903 | 239,819 | ||||||
Pool #MA0639, 4.000%, 02/01/41 |
43,508 | 46,238 | ||||||
Pool #AL0215, 4.500%, 04/01/41 |
109,122 | 118,416 | ||||||
Pool #AB2694, 4.500%, 04/01/41 |
81,348 | 88,434 | ||||||
Pool #AK0205, 4.500%, 09/01/41 |
34,501 | 37,380 | ||||||
|
|
|||||||
5,293,367 | ||||||||
|
|
|||||||
Total U.S. Government Agency Mortgages (Cost $7,173,139) |
|
7,361,790 | ||||||
|
|
|||||||
U.S. Treasury Obligations 8.2% |
||||||||
U.S. Treasury Notes 8.2% |
||||||||
1.500%, 01/31/19 |
435,000 | 434,728 | ||||||
2.500%, 05/15/24 |
369,000 | 368,481 | ||||||
|
|
|||||||
Total U.S. Treasury Obligations (Cost $800,917) |
|
803,209 | ||||||
|
|
|||||||
Money Market Fund 1.9% |
||||||||
State Street Institutional Treasury Money Market Fund, Institutional Class, 0.00%(c) |
184,401 | 184,401 | ||||||
|
|
|||||||
Total Money Market Fund (Cost $184,401) |
|
184,401 | ||||||
|
|
|||||||
Total Investments (Cost $9,500,460) 98.9% |
9,676,900 | |||||||
Other Assets in Excess of Liabilities 1.1% |
106,860 | |||||||
|
|
|||||||
Net Assets 100.0% |
$ | 9,783,760 | ||||||
|
|
(a) | Variable or floating rate security. Rate disclosed is as of June 30, 2014. |
(b) | Rule 144A, Section 4(2) or other security which is restricted as to resale to institutional investors. The Funds investment adviser/subadviser has deemed this security to be liquid based upon procedures approved by the Board of Trustees. These securities represent 2.4% of net assets as of June 30, 2014. |
(c) | Rate disclosed, the 7 day net yield, is as of June 30, 2014. |
Investment Abbreviations
REMIC | Real Estate Mortgage Investment Conduit |
See Notes to Schedules of Portfolio Investments.
SCHEDULES OF PORTFOLIO INVESTMENTS
RIDGEWORTH FUNDS June 30, 2014
(Unaudited)
North Carolina Tax-Exempt Bond Fund
Shares or Principal Amount($) |
Value($) | |||||||
Municipal Bonds 95.9% |
||||||||
Alabama 0.5% |
||||||||
Birmingham, Series A, GO, 0.000%, 03/01/32(a) |
215,000 | 205,252 | ||||||
|
|
|||||||
California 4.3% |
||||||||
California State, GO, 5.000%, 02/01/20 |
645,000 | 765,641 | ||||||
California State, GO, 5.000%, 09/01/33 |
750,000 | 848,235 | ||||||
|
|
|||||||
1,613,876 | ||||||||
|
|
|||||||
Illinois 0.7% |
||||||||
Chicago, Series A, GO, 5.250%, 01/01/33 |
260,000 | 273,504 | ||||||
|
|
|||||||
North Carolina 88.1% |
||||||||
Buncombe County Metropolitan Sewerage District, RB, 5.000%, 07/01/39 |
1,000,000 | 1,132,900 | ||||||
Charlotte, Series C, COP, 5.000%, 06/01/20 |
1,845,000 | 2,188,078 | ||||||
Charlotte Water & Sewer System, RB, 5.000%, 07/01/21 |
1,080,000 | 1,245,856 | ||||||
Charlotte-Mecklenburg Hospital Authority (The), Series A, RB, 5.250%, 01/15/42 |
1,000,000 | 1,083,270 | ||||||
Guilford County, GO, 4.000%, 10/01/14 |
1,075,000 | 1,085,610 | ||||||
Iredell County, COP, 5.000%, 06/01/17, AMBAC |
1,020,000 | 1,105,517 | ||||||
New Hanover County Hospital, New Hanover Regional Medical Center, Series B, RB, 5.125%, 10/01/31, AGM |
1,500,000 | 1,618,935 | ||||||
North Carolina Capital Facilities Finance Agency, RB, 5.000%, 04/01/30 |
1,000,000 | 1,116,990 | ||||||
North Carolina Capital Facilities Finance Agency, RB, 5.250%, 03/01/33 |
1,500,000 | 1,594,290 | ||||||
North Carolina Eastern Municipal Power Agency, Series B, RB, 6.250%, 01/01/23 |
1,000,000 | 1,266,790 | ||||||
North Carolina Medical Care Commission Health Care Facilities, University Health Systems, Series D, RB, 6.250%, 12/01/33 |
1,500,000 | 1,727,925 | ||||||
North Carolina Municipal Power Agency, No. 1 Catawba Electric, RB, ETM, 5.000%, 01/01/20 |
1,600,000 | 1,887,776 | ||||||
North Carolina Municipal Power Agency, No. 1 Catawba Electric, Series A, RB, 5.000%, 01/01/30 |
2,000,000 | 2,217,160 | ||||||
North Carolina State, Series A, GO, 5.000%, 06/01/17 |
1,950,000 | 2,199,132 | ||||||
North Carolina State Ports Authority Facilities, Series A, RB, 5.250%, 02/01/40 |
1,500,000 | 1,613,970 | ||||||
North Carolina State University at Raleigh, Series A, RB, 5.000%, 10/01/37 |
3,000,000 | 3,396,000 | ||||||
Raleigh, Series B, GO, 5.000%, 04/01/26 |
2,000,000 | 2,360,800 | ||||||
Raleigh Combined Enterprise System Revenue, Series A, RB, 5.000%, 03/01/27 |
1,250,000 | 1,480,612 | ||||||
Union County, Series A, GO, 5.000%, 03/01/22 |
1,190,000 | 1,438,615 | ||||||
University of North Carolina at Greensboro, RB, 5.000%, 04/01/39 |
1,500,000 | 1,655,760 | ||||||
|
|
|||||||
33,415,986 | ||||||||
|
|
|||||||
South Carolina 2.3% |
||||||||
South Carolina State Public Service Authority, Series A, RB, 5.750%, 12/01/43 |
750,000 | 868,088 | ||||||
|
|
|||||||
Total Municipal Bonds (Cost $34,639,649) |
|
36,376,706 | ||||||
|
|
|||||||
Money Market Fund 3.1% |
||||||||
Federated Tax-Free Obligations Fund, Institutional Shares, 0.01%(b) |
1,167,827 | 1,167,827 | ||||||
|
|
|||||||
Total Money Market Fund (Cost $1,167,827) |
|
1,167,827 | ||||||
|
|
See Notes to Schedules of Portfolio Investments.
Total Investments (Cost $35,807,476) 99.0% |
37,544,533 | |||||
Other Assets in Excess of Liabilities 1.0% |
367,785 | |||||
|
|
|||||
Net Assets 100.0% |
$ | 37,912,318 | ||||
|
|
(a) | Step bond. The rate shown is the rate in effect as of June 30, 2014. |
(b) | Rate disclosed, the 7 day net yield, is as of June 30, 2014. |
Investment Abbreviations
AGM | Security guaranteed by Assured Guaranty Municipal Corporation | |
AMBAC | Security guaranteed by American Municipal Bond Assurance Corporation | |
COP | Certificate of Participation | |
ETM | Escrowed to Maturity | |
GO | General Obligation | |
RB | Revenue Bond |
See Notes to Schedules of Portfolio Investments.
SCHEDULES OF PORTFOLIO INVESTMENTS
RIDGEWORTH FUNDS June 30, 2014
(Unaudited)
Seix Floating Rate High Income Fund
Shares or Principal Amount($) |
Value($) | |||||||
Bank Loans 89.9% |
||||||||
Aerospace/Defense 2.8% |
||||||||
Air Canada, Term Loan B, 5.500%, 09/20/19(a)(b) |
37,855,000 | 38,612,100 | ||||||
AM General LLC, Term Loan B, 10.250%, 03/22/18(a)(b) |
20,659,500 | 19,006,740 | ||||||
Atlantic Aviation FBO, Inc., Term Loan B, 3.250%, 06/01/20(a)(b) |
10,087,030 | 10,061,813 | ||||||
DAE Aviation Holdings, Inc., 2018 Term Loan B2, 5.000%, 11/02/18(a)(b) |
5,653,480 | 5,702,948 | ||||||
DAE Aviation Holdings, Inc., New Term Loan B1, 5.000%, 11/02/18(a)(b) |
13,958,656 | 14,080,795 | ||||||
DAE Aviation Holdings, Inc., 2nd Lien Term Loan, 7.750%, 08/05/19(a)(b) |
12,015,000 | 12,195,225 | ||||||
DigitalGlobe, Inc., New Term Loan B, 3.750%, 01/31/20(a)(b) |
19,024,188 | 19,028,183 | ||||||
Flying Fortress, Inc., New Term Loan, 3.500%, 06/30/17(a)(b) |
9,430,000 | 9,412,366 | ||||||
Jazz Acquisition, Inc., 1st Lien Term Loan, 06/19/21(b)(c)(d) |
2,000,000 | 2,007,500 | ||||||
Jazz Acquisition, Inc., 2nd Lien Term Loan, 06/11/22(b)(c)(d) |
1,000,000 | 1,007,500 | ||||||
TASC, Inc., 2014 Term Loan B, 6.500%, 05/30/20(a)(b) |
20,430,000 | 19,995,862 | ||||||
TASC, Inc., 2nd Lien Term Loan, 12.000%, 05/30/21(a)(b) |
8,960,000 | 8,825,600 | ||||||
Transdigm, Inc., Term Loan C, 3.750%, 02/28/20(a)(b) |
25,437,971 | 25,342,579 | ||||||
Transdigm, Inc., Term Loan D, 3.750%, 06/04/21(a)(b) |
9,035,000 | 8,989,825 | ||||||
US Airways Group, Inc., New Term Loan B1, 3.500%, 05/23/19(a)(b) |
21,789,900 | 21,762,663 | ||||||
WP CPP Holdings LLC, 1st Lien Term Loan, 4.750%, 12/27/19(a)(b) |
6,774,385 | 6,788,476 | ||||||
WP CPP Holdings LLC, New 2nd Lien Term Loan, 8.750%, 04/30/21(a)(b) |
2,870,000 | 2,891,525 | ||||||
Wyle Services Corp., New Term Loan B, 5.000%, 05/21/21(a)(b) |
5,855,325 | 5,844,375 | ||||||
|
|
|||||||
231,556,075 | ||||||||
|
|
|||||||
Auto Manufacturers 1.5% |
||||||||
Allison Transmission, Inc., New Term Loan B3, 3.750%, 08/23/19(a)(b) |
24,321,878 | 24,364,441 | ||||||
Chrysler Group LLC, 2018 Term Loan B, 3.250%, 12/31/18(a)(b) |
22,513,575 | 22,433,877 | ||||||
Chrysler Group LLC, New Term Loan B, 3.500%, 05/24/17(a)(b) |
44,929,371 | 45,062,811 | ||||||
CS Intermediate Holdco 2 LLC, New Term Loan B, 4.000%, 04/04/21(a)(b) |
7,085,000 | 7,073,168 | ||||||
Navistar International Corp., Term Loan B, 5.750%, 08/17/17(a)(b) |
3,000,000 | 3,056,250 | ||||||
Remy International, Inc., New Term Loan B, 4.250%, 03/05/20(a)(b) |
6,586,299 | 6,586,299 | ||||||
Tower Automotive Holdings USA LLC, New Term Loan, 4.000%, 04/23/20(a)(b) |
10,507,597 | 10,464,936 | ||||||
Wabash National Corp., Term Loan B, 4.500%, 05/08/19(a)(b) |
7,495,887 | 7,509,754 | ||||||
|
|
|||||||
126,551,536 | ||||||||
|
|
|||||||
Auto Parts & Equipment 0.1% |
||||||||
Gates Investments, Inc., Term Loan B2, 3.750%-5.000%, 09/29/16(a)(b) |
5,915,258 | 5,917,684 | ||||||
|
|
|||||||
Chemicals 1.9% |
||||||||
Axalta Coating Systems US Holdings, Inc., USD Term Loan, 4.000%, 02/01/20(a)(b) |
11,384,156 | 11,377,554 | ||||||
Huntsman International LLC, Incremental Term Loan, 10/15/20(b)(c)(d) |
19,295,000 | 19,285,352 | ||||||
Ineos US Finance LLC, 6 Year Term Loan, 3.750%, 05/04/18(a)(b) |
60,136,641 | 59,964,049 | ||||||
Kronos Worldwide, Inc., 2014 Term Loan, 4.750%, 02/18/20(a)(b) |
4,438,875 | 4,480,512 | ||||||
MacDermid, Inc., 1st Lien Term Loan, 4.000%, 06/07/20(a)(b) |
11,481,817 | 11,478,946 | ||||||
Minerals Technologies, Inc., Term Loan B, 4.000%, 05/09/21(a)(b) |
12,390,000 | 12,436,462 | ||||||
Nexeo Solutions LLC, Term Loan B, 5.000%, 09/08/17(a)(b) |
5,010,506 | 5,010,506 | ||||||
OXEA Finance LLC, USD Term Loan B2, 4.250%, 01/15/20(a)(b) |
4,382,975 | 4,388,454 | ||||||
Polymer Group, Inc., 1st Lien Term Loan B, 5.250%, 12/19/19(a)(b) |
7,094,350 | 7,165,294 | ||||||
PQ Corp., 2014 Term Loan, 4.000%, 08/07/17(a)(b) |
6,323,700 | 6,339,509 | ||||||
Taminco Global Chemical Corp., USD Term Loan B3, 3.250%, 02/15/19(a)(b) |
4,472,804 | 4,439,258 | ||||||
Tata Chemicals North America, Inc., Term Loan B, 3.750%, 08/07/20(a)(b) |
3,752,100 | 3,738,030 | ||||||
UTEX Industries Inc., 1st Lien Term loan 2014, 5.000%, 05/22/21(a)(b) |
7,230,000 | 7,311,338 | ||||||
WNA Holdings, Inc., USD 1st Lien US Borrower, 4.500%, 06/07/20(a)(b) |
3,608,470 | 3,608,470 | ||||||
|
|
|||||||
161,023,734 | ||||||||
|
|
See Notes to Schedules of Portfolio Investments.
Commercial Services 4.0% |
| |||||||
ABC Supply Co., Inc., Term Loan, 3.500%, 04/16/20(a)(b) |
22,760,015 | 22,681,721 | ||||||
Freeport-McMoRan Copper & Gold, Inc., Term Loan A, 1.651%, 02/14/18(a)(b) |
13,554,450 | 13,422,294 | ||||||
Harland Clarke Holdings Corp., Extended Term Loan B2, 5.484%, 06/30/17(a)(b) |
37,152,934 | 37,245,816 | ||||||
Harland Clarke Holdings Corp., Term Loan B4, 6.000%, 08/04/19(a)(b) |
35,392,000 | 35,984,816 | ||||||
Harland Clarke Holdings, Corp., Term Loan B3, 7.000%, 05/22/18(a)(b) |
98,938,866 | 100,485,280 | ||||||
Infor (US), Inc., USD Term Loan B5, 3.750%, 06/03/20(a)(b) |
18,999,193 | 18,860,689 | ||||||
Infor (US), Inc., USD Term Loan B3, 3.750%, 06/03/20(a)(b) |
7,759,676 | 7,695,659 | ||||||
Merrill Communications LLC, 1st Lien Term Loan, 5.750%, 03/08/18(a)(b) |
12,238,944 | 12,437,827 | ||||||
Springer Science & Business Media Deutschland GmbH, USD Term Loan B2, 5.000%, |
8,808,438 | 8,816,717 | ||||||
Tribune Co., 2013 Term Loan B, 4.000%, 12/27/20(a)(b) |
70,779,325 | 70,889,741 | ||||||
Vertafore, Inc., 1st Lien Term Loan, 4.250%, 10/03/19(a)(b) |
5,612,879 | 5,619,895 | ||||||
Walter Energy, Inc., Term Loan B, 7.250%, 04/02/18(a)(b) |
4,609,717 | 4,450,681 | ||||||
|
|
|||||||
338,591,136 | ||||||||
|
|
|||||||
Consumer Discretionary 0.5% |
||||||||
Revlon Consumer Products Corp., Acquisition Term Loan, 4.000%, 10/08/19(a)(b) |
26,616,250 | 26,629,558 | ||||||
Steinway Musical Instruments, Inc., 1st Lien Term Loan, 4.750%, 09/19/19(a)(b) |
5,967,469 | 5,945,091 | ||||||
Sun Products Corp. (The), New Term Loan, 5.500%, 03/23/20(a)(b) |
6,676,307 | 6,538,642 | ||||||
|
|
|||||||
39,113,291 | ||||||||
|
|
|||||||
Consumer Non-Durables 0.2% |
||||||||
Kate Spade & Co., Term Loan B, 4.000%, 04/09/21(a)(b) |
6,640,000 | 6,633,294 | ||||||
Libbey Glass Inc., Term Loan B, 3.750%, 04/09/21(a)(b) |
6,195,000 | 6,187,256 | ||||||
|
|
|||||||
12,820,550 | ||||||||
|
|
|||||||
Consumer Staples 0.2% |
||||||||
Serta Simmons Holdings LLC, Term Loan, 4.250%, 10/01/19(a)(b) |
20,914,351 | 20,948,232 | ||||||
|
|
|||||||
Diversified Financial Services 3.6% |
||||||||
Affinion Group, Inc., Term Loan B, 6.750%, 04/30/18(a)(b) |
10,633,350 | 10,673,225 | ||||||
Affinion Group, Inc., 2nd Lien Term Loan, 8.500%, 10/12/18(a)(b) |
4,480,000 | 4,485,600 | ||||||
American Capital, Ltd., 2017 Term Loan, 3.500%, 08/22/17(a)(b) |
10,680,000 | 10,666,650 | ||||||
Ceridian Corp., New Term Loan B, 4.400%, 05/09/17(a)(b) |
14,268,250 | 14,283,802 | ||||||
Clipper Acquisitions Corp., New Term Loan B, 3.000%, 02/06/20(a)(b) |
3,035,764 | 3,009,201 | ||||||
Duff & Phelps Investment Management Co., Term Loan B, 4.500%, 04/23/20(a)(b) |
7,014,200 | 7,033,909 | ||||||
First Data Corp., Extended 2018 Term Loan B, 4.154%, 03/24/18(a)(b) |
64,417,214 | 64,497,735 | ||||||
First Data Corp., 2018 Term Loan, 4.154%, 09/24/18(a)(b) |
38,273,139 | 38,300,313 | ||||||
First Data Corp., Extended 2021 Term Loan, 4.154%, 03/24/21(a)(b) |
17,485,325 | 17,507,181 | ||||||
Getty Images, Inc., Term Loan B, 4.750%, 10/18/19(a)(b) |
20,571,282 | 19,862,807 | ||||||
Grosvenor Capital Management Holdings LLP, New Term Loan B, 3.750%, 01/04/21(a)(b) |
7,109,275 | 7,058,941 | ||||||
MIP Delaware LLC, Term Loan B1, 4.000%, 03/09/20(a)(b) |
4,097,721 | 4,107,966 | ||||||
Nuveen Investments, Inc., New Term Loan, 4.150%, 05/15/17(a)(b) |
8,860,000 | 8,871,075 | ||||||
Nuveen Investments, Inc., New 2nd Lien Term Loan, 6.500%, 02/28/19(a)(b)(c) |
10,920,000 | 11,011,619 | ||||||
Oberthur Technologies of America Corp., USD Term Loan B2, 4.500%, 10/18/19(a)(b) |
11,606,675 | 11,661,807 | ||||||
Open Text Corp., Term Loan B, 3.250%, 01/16/21(a)(b) |
11,450,742 | 11,441,238 | ||||||
Pre-Paid Legal Services, Inc., 1st Lien Term Loan, 6.250%, 07/01/19(a)(b) |
8,127,097 | 8,208,368 | ||||||
RPI Finance Trust, Term Loan B2, 3.250%, 05/09/18(a)(b) |
16,228,225 | 16,240,397 | ||||||
SunGard Data Systems, Inc., Term Loan C, 3.902%, 02/28/17(a)(b) |
4,349,742 | 4,358,746 | ||||||
SunGard Data Systems, Inc., Term Loan E, 4.000%, 03/08/20(a)(b) |
17,705,665 | 17,734,879 | ||||||
Triple Point Technology, Inc., 1st Lien Term Loan, 5.250%, 07/10/20(a)(b) |
5,980,955 | 5,333,038 | ||||||
USIC Holdings, Inc., 1st Lien Term Loan, 4.000%, 07/10/20(a)(b) |
6,152,850 | 6,091,321 | ||||||
|
|
|||||||
302,439,818 | ||||||||
|
|
See Notes to Schedules of Portfolio Investments.
Diversified Media 0.2% |
| |||||||
Inmar Holdings, Inc., 1st Lien Term Loan, 4.250%, 01/27/21(a)(b) |
2,740,000 | 2,709,175 | ||||||
Metro-Goldwyn-Mayer, Inc., 2nd Lien Term Loan, 06/26/20(b)(c)(d) |
3,000,000 | 3,032,490 | ||||||
Quad/Graphics, Inc., 2021 Term Loan, 4.250%, 04/23/21(a)(b) |
10,660,000 | 10,606,700 | ||||||
Time, Inc., Term Loan B, 4.250%, 04/26/21(a)(b) |
4,000,000 | 4,017,520 | ||||||
|
|
|||||||
20,365,885 | ||||||||
|
|
|||||||
Electric 0.7% |
||||||||
Calpine Corp., Term Loan B1, 4.000%, 04/01/18(a)(b) |
7,273,637 | 7,294,076 | ||||||
Calpine Corp., Term Loan B2, 4.000%, 04/01/18(a)(b) |
1,857,550 | 1,862,770 | ||||||
Calpine Corp., Term Loan B3, 4.000%, 10/09/19(a)(b) |
35,135,148 | 35,208,229 | ||||||
Calpine Corp., Delayed Draw Term Loan, 4.000%, 10/30/20(a)(b) |
16,074,225 | 16,112,160 | ||||||
Panda Temple II Power LLC, New Term Loan B, 7.250%, 04/03/19(a)(b) |
2,000,000 | 2,040,000 | ||||||
|
|
|||||||
62,517,235 | ||||||||
|
|
|||||||
Electronics 1.6% |
||||||||
Blackboard, Inc., Term Loan B3, 4.750%, 10/04/18(a)(b) |
8,697,695 | 8,745,880 | ||||||
BMC Software Finance, Inc., USD Term Loan, 5.000%, 09/10/20(a)(b) |
12,021,994 | 11,994,464 | ||||||
Dell, Inc., USD Term Loan B, 4.500%, 04/29/20(a)(b) |
57,237,017 | 57,497,446 | ||||||
Eastman Kodak Co., Exit Term Loan, 7.250%, 09/03/19(a)(b) |
10,989,000 | 11,140,099 | ||||||
Rovi Solutions Corp., Term Loan B3, 07/02/21(b)(c)(d) |
9,845,000 | 9,795,775 | ||||||
Rovi Solutions Corp., Term Loan B3, 3.500%, 03/29/19(a)(b) |
8,436,196 | 8,404,560 | ||||||
Sabre, Inc., Incremental Term Loan, 4.500%, 02/19/19(a)(b) |
4,049,400 | 4,059,523 | ||||||
Shield Finance Co. S.A.R.L., USD Term Loan, 5.000%, 01/29/21(a)(b) |
11,032,350 | 11,066,881 | ||||||
Spansion LLC, 2013 Term Loan, 3.750%, 12/19/19(a)(b) |
7,076,525 | 7,085,371 | ||||||
Verint Systems Inc., USD Term Loan, 3.500%, 09/06/19(a)(b) |
3,251,752 | 3,248,500 | ||||||
|
|
|||||||
133,038,499 | ||||||||
|
|
|||||||
Energy 2.8% |
||||||||
ADS Waste Holdings, Inc., New Term Loan, 3.750%, 10/09/19(a)(b) |
25,962,082 | 25,820,588 | ||||||
Azure Midstream Energy LLC, Term Loan B, 6.500%, 11/15/18(a)(b) |
13,128,375 | 13,210,427 | ||||||
Chief Exploration & Development LLC, 2nd Lien Term Loan, 05/12/21(b)(c)(d) |
14,210,000 | 14,494,200 | ||||||
Endeavour International Holding B.V., LC Term Loan, 8.250%, 11/30/17(a)(b)(c) |
3,046,337 | 2,985,410 | ||||||
Endeavour International Holding B.V., 1st Lien Term Loan, 8.250%, 11/30/17(a)(b)(c) |
4,237,237 | 4,152,492 | ||||||
FTS International, Inc., New Term Loan B, 5.750%, 04/16/21(a)(b)(c) |
17,264,000 | 17,469,096 | ||||||
Glenn Pool Oil & Gas Trust, Term Loan, 4.500%, 05/02/16(a)(b) |
22,057,974 | 22,168,264 | ||||||
HGIM Corp., Term Loan B, 5.500%-6.750%, 06/18/20(a)(b) |
30,299,035 | 30,084,518 | ||||||
KCA Deutag US Finance LLC, Term Loan, 6.250%, 05/13/20(a)(b) |
5,370,000 | 5,343,150 | ||||||
Pacific Drilling SA, Term Loan B, 4.500%, 06/04/18(a)(b) |
14,511,136 | 14,551,913 | ||||||
Philadelphia Energy Solutions LLC, Term Loan B, 6.250%, 04/04/18(a)(b) |
14,981,922 | 13,845,843 | ||||||
Seadrill Partners Finco LLC, Term Loan B, 4.000%, 02/21/21(a)(b)(c) |
34,032,229 | 33,796,386 | ||||||
Templar Energy LLC, 2nd Lien Term Loan, 8.000%, 11/25/20(a)(b)(c) |
41,740,000 | 41,322,600 | ||||||
|
|
|||||||
239,244,887 | ||||||||
|
|
|||||||
Entertainment 3.0% |
||||||||
Activision Blizzard, Inc., Term Loan B, 3.250%, 10/12/20(a)(b) |
15,482,075 | 15,508,394 | ||||||
Altice Financing SA, Delayed Draw Term Loan, 5.500%, 07/15/19(a)(b) |
74,676,782 | 76,333,860 | ||||||
Cinemark USA, Inc., New Term Loan, 3.160%, 12/18/19(a)(b) |
5,703,423 | 5,720,533 | ||||||
ClubCorp Club Operations, Inc., New Term Loan, 4.000%, 07/24/20(a)(b) |
7,085,000 | 7,080,607 | ||||||
Diamond Resorts Corp., New Term Loan, 5.500%, 04/23/21(a)(b) |
9,960,000 | 10,022,250 | ||||||
Great Wolf Resorts, Inc., Term Loan B, 4.500%, 08/06/20(a)(b) |
8,033,850 | 8,046,383 | ||||||
Hubbard Radio LLC, Term Loan B, 4.500%, 04/29/19(a)(b) |
6,153,600 | 6,153,600 | ||||||
IMG Worldwide Holdings LLC, 1st Lien Term Loan, 5.250%-%, 05/06/21(a)(b) |
57,575,000 | 57,920,450 | ||||||
IMG Worldwide Holdings LLC, 2nd Lien Term Loan, 8.250%, 05/01/22(a)(b) |
8,855,000 | 8,998,894 | ||||||
Kasima LLC, New Term Loan B, 3.250%, 05/17/21(a)(b) |
17,785,000 | 17,707,280 | ||||||
Live Nation Entertainment, Inc., 2020 Term Loan B1, 3.500%, 08/17/20(a)(b) |
17,696,275 | 17,652,034 | ||||||
Oceania Cruises, Inc., 2020 Term Loan B, 5.250%, 07/02/20(a)(b) |
13,716,075 | 13,810,442 | ||||||
Regent Seven Seas Cruises, Inc., New Term Loan B, 3.750%, 12/21/18(a)(b) |
4,343,175 | 4,337,746 | ||||||
WaveDivision Holdings LLC, Term Loan B, 4.000%, 10/15/19(a)(b) |
3,659,275 | 3,655,799 | ||||||
|
|
|||||||
252,948,272 | ||||||||
|
|
See Notes to Schedules of Portfolio Investments.
Financial 0.9% |
| |||||||
Delos Finance S.A.R.L., Term Loan B, 3.500%, 03/06/21(a)(b) |
10,240,000 | 10,227,200 | ||||||
RCS Capital Corp., 1st Lien Term Loan, 6.500%, 04/29/19(a)(b) |
13,285,000 | 13,556,280 | ||||||
RCS Capital Corp., 2nd Lien Term Loan, 10.500%, 04/29/21(a)(b) |
1,000,000 | 1,025,000 | ||||||
SAM Finance Lux S.A.R.L, USD Term Loan, 4.250%, 12/17/20(a)(b) |
16,447,350 | 16,498,830 | ||||||
Sedgwick, Inc., 1st Lien Term Loan, 3.750%, 03/01/21(a)(b) |
18,049,763 | 17,756,454 | ||||||
Sedgwick, Inc., 2nd Lien Term Loan, 6.750%, 02/28/22(a)(b) |
7,155,000 | 7,135,324 | ||||||
VFH Parent LLC, Extended Term Loan, 5.750%, 11/06/19(a)(b) |
5,756,075 | 5,712,904 | ||||||
|
|
|||||||
71,911,992 | ||||||||
|
|
|||||||
Food 2.5% |
||||||||
Blue Buffalo Co. Ltd., Term Loan B3, 4.000%, 08/08/19(a)(b) |
8,126,049 | 8,136,207 | ||||||
CEC Entertainment Concepts, LP, Term Loan, 4.250%, 02/14/21(a)(b) |
8,882,738 | 8,816,117 | ||||||
Dunkin Brands, Inc., Term Loan B4, 3.250%, 02/07/21(a)(b) |
15,611,690 | 15,451,983 | ||||||
HJ Heinz Co., Term Loan B1, 3.250%, 06/07/19(a)(b) |
47,836,800 | 47,886,550 | ||||||
HJ Heinz Co., Term Loan B2, 3.500%, 06/05/20(a)(b) |
46,480,562 | 46,807,785 | ||||||
JBS USA Holdings, Inc., Incremental Term Loan, 3.750%, 09/18/20(a)(b) |
11,096,150 | 11,045,330 | ||||||
Landrys, Inc., Term Loan B, 4.000%, 04/24/18(a)(b) |
17,136,645 | 17,174,174 | ||||||
New Albertsons, Inc., Term Loan, 06/25/21(b)(c)(d) |
12,470,000 | 12,493,443 | ||||||
Pinnacle Foods Finance LLC, Term Loan G, 3.250%, 04/29/20(a)(b) |
16,740,651 | 16,641,212 | ||||||
Pinnacle Foods Finance LLC, Incremental Term Loan H, 3.250%, 04/29/20(a)(b) |
7,984,663 | 7,937,234 | ||||||
Post Holdings, Inc., Series A Incremental Term Loan, 3.750%, 06/02/21(a)(b) |
7,225,000 | 7,280,488 | ||||||
Shearers Foods, Inc., 1st Lien Term Loan, 06/30/21(b)(c)(d) |
3,000,000 | 3,003,750 | ||||||
Stater Bros. Markets, Term Loan B, 4.750%, 05/12/21(a)(b) |
7,105,000 | 7,140,525 | ||||||
|
|
|||||||
209,814,798 | ||||||||
|
|
|||||||
Forest Products & Paper 0.1% |
||||||||
Anchor Glass Container Corp., New 1st Lien Term Loan, 06/30/21(b)(c)(d) |
8,130,000 | 8,147,805 | ||||||
|
|
|||||||
Health Care 4.5% |
||||||||
Accellent, Inc., 1st Lien Term Loan, 4.500%, 03/12/21(a)(b) |
8,882,738 | 8,843,920 | ||||||
Allscripts Healthcare Solutions, Inc., Term Loan A, 2.900%, 06/28/18(a)(b) |
14,888,692 | 14,851,471 | ||||||
Community Health Care Systems, Inc., New Term Loan A, 2.943%-2.977%, 01/22/19(a)(b) |
9,833,333 | 9,796,557 | ||||||
Community Health Care Systems, Inc., 2017 Term Loan E, 3.478%, 01/25/17(a)(b) |
2,953,841 | 2,959,985 | ||||||
Community Health Care Systems, Inc., Term Loan D, 4.250%, 01/27/21(a)(b) |
50,065,940 | 50,333,292 | ||||||
Convatec, Inc., Term Loan, 4.000%, 12/22/16(a)(b) |
7,819,321 | 7,816,037 | ||||||
DaVita HealthCare Partners, Inc., Term Loan B, 3.500%, 06/24/21(a)(b) |
8,505,000 | 8,539,785 | ||||||
Endo Luxembourg Finance Co. I S.A R.L., 2014 Term Loan B, 3.250%, 02/28/21(a)(b) |
5,331,638 | 5,317,189 | ||||||
Envision Acquisition Company LLC, 1st Lien Term Loan, 5.750%, 11/04/20(a)(b) |
6,694,413 | 6,744,621 | ||||||
Grifols Worldwide Operations USA, Inc., USD Term Loan B, 3.150%, 02/27/21(a)(b) |
61,765,200 | 61,660,199 | ||||||
HCA, Inc., Extended Term Loan B4, 2.984%, 05/01/18(a)(b) |
6,268,404 | 6,275,237 | ||||||
Hologic, Inc., New Term Loan B, 3.250%, 08/01/19(a)(b) |
8,940,813 | 8,929,637 | ||||||
Iasis Healthcare LLC, Term Loan B2, 4.500%, 05/03/18(a)(b) |
9,862,310 | 9,894,363 | ||||||
IMS Health, Inc., New USD Term Loan, 3.500%, 03/17/21(a)(b) |
6,065,119 | 6,027,212 | ||||||
INC Research, Inc., Refinance Term Loan B, 4.250%, 07/12/18(a)(b) |
16,711,570 | 16,669,791 | ||||||
JLL/Delta Dutch Newco B.V., USD Term Loan, 4.250%, 03/11/21(a)(b) |
14,840,000 | 14,710,150 | ||||||
Millennium Laboratories, Inc., Term Loan B, 5.250%, 04/16/21(a)(b) |
15,490,000 | 15,632,043 | ||||||
Onex Carestream Finance LP, 1st Lien Term Loan, 5.000%, 06/07/19(a)(b) |
12,692,962 | 12,699,309 | ||||||
P2 Newco Acquisition, Inc., 1st Lien Term Loan, 5.500%, 10/22/20(a)(b)(c) |
14,583,612 | 14,601,841 | ||||||
Par Pharmaceutical Cos., Inc., Term Loan B2, 4.000%, 09/30/19(a)(b) |
19,519,366 | 19,481,109 | ||||||
PharMedium Healthcare Corp., 1st Lien Term Loan, 4.250%, 01/28/21(a)(b) |
3,890,000 | 3,877,046 | ||||||
PharMedium Healthcare Corp., 2nd Lien Term Loan, 7.750%, 01/28/22(a)(b) |
2,000,000 | 2,022,500 | ||||||
Salix Pharmaceuticals Ltd., Term Loan, 4.250%, 01/02/20(a)(b) |
12,163,125 | 12,242,915 | ||||||
Valeant Pharmaceuticals International, Inc., Series E, Term Loan B, 3.750%, 08/05/20(a)(b) |
28,728,759 | 28,700,031 | ||||||
Valeant Pharmaceuticals International, Inc., Series C2, Term Loan B, 3.750%, 12/11/19(a)(b) |
16,191,600 | 16,164,560 | ||||||
Valeant Pharmaceuticals International, Inc., Series D2, Term Loan B, 3.750%, 02/13/19(a)(b) |
12,786,995 | 12,786,995 | ||||||
|
|
|||||||
377,577,795 | ||||||||
|
|
See Notes to Schedules of Portfolio Investments.
Healthcare - Services 0.6% |
| |||||||
MPH Acquisition Holdings LLC, Term Loan, 4.000%, 03/31/21(a)(b) |
15,505,273 | 15,454,105 | ||||||
Regionalcare Hospital Partners, Inc., 1st Lien Term Loan, 6.000%, 04/19/19(a)(b) |
17,695,000 | 17,617,673 | ||||||
SBA Senior Finance II LLC, Term Loan B1, 3.250%, 03/24/21(a)(b) |
18,380,000 | 18,254,649 | ||||||
|
|
|||||||
51,326,427 | ||||||||
|
|
|||||||
Information Technology 3.1% |
||||||||
Active Network, Inc. (The), 1st Lien Term Loan, 5.500%, 11/13/20(a)(b) |
7,455,063 | 7,413,166 | ||||||
Aricent Technologies, 1st Lien Term Loan, 5.500%, 04/14/21(a)(b) |
10,620,000 | 10,739,475 | ||||||
Avago Technologies Cayman Ltd., USD Term Loan B, 3.750%, 05/06/21(a)(b) |
58,845,000 | 59,008,001 | ||||||
AVSC Holdings Corp., 1st Lien Term Loan, 4.500%, 01/24/21(a)(b) |
6,468,788 | 6,481,725 | ||||||
CDW LLC, New Term Loan, 3.250%, 04/29/20(a)(b) |
41,182,554 | 40,719,250 | ||||||
Dealertrack Technologies, Inc., Term Loan B, 3.500%, 02/28/21(a)(b) |
4,245,397 | 4,236,566 | ||||||
Deluxe Entertainment Services Group, Inc., Term Loan 2014, 6.500%, 02/28/20(a)(b) |
16,809,281 | 16,746,246 | ||||||
FIDJI Luxembourg (BC4) S.A.R.L., Initial Term Loan, 6.250%, 12/24/20(a)(b) |
6,631,063 | 6,668,395 | ||||||
Genesys Telecom Holdings, U.S., Inc., New Term Loan B, 4.000%, 02/07/20(a)(b) |
5,644,268 | 5,613,676 | ||||||
Internap Network Services Corp., Term Loan, 6.000%, 11/26/19(a)(b) |
8,890,325 | 8,907,039 | ||||||
IQOR US Inc., Term Loan B, 6.000%, 04/01/21(a)(b) |
29,309,048 | 28,063,413 | ||||||
M/A-COM Technology Solutions Holdings, Inc., Term Loan, 4.500%, 05/07/21(a)(b) |
4,475,000 | 4,497,375 | ||||||
Omnitracs, Inc., 1st Lien Term Loan, 4.750%, 11/25/20(a)(b) |
5,970,000 | 6,005,462 | ||||||
Presidio, Inc., 2017 Term Loan, 5.000%, 03/31/17(a)(b) |
14,198,435 | 14,251,679 | ||||||
RedTop Acquisitions Ltd., USD 1st Lien Term Loan, 4.500%, 12/03/20(a)(b) |
8,912,663 | 8,968,367 | ||||||
RedTop Acquisitions Ltd., USD 2nd Lien Term Loan, 8.250%, 06/03/21(a)(b) |
5,346,600 | 5,493,632 | ||||||
Southern Graphics, Inc., New Term Loan B, 4.250%-5.500%, 10/17/19(a)(b) |
6,970,600 | 6,970,600 | ||||||
Spin Holdco, Inc., New Term Loan B, 4.250%, 11/14/19(a)(b) |
8,440,087 | 8,441,607 | ||||||
STG-Fairway Acquisitions, Inc., Term Loan B, 6.250%, 02/28/19(a)(b) |
14,299,149 | 14,245,527 | ||||||
|
|
|||||||
263,471,201 | ||||||||
|
|
|||||||
Insurance 2.4% |
||||||||
Alliance Data Systems Corp., Term Loan, 1.900%, 07/10/18(a)(b) |
25,944,195 | 25,830,818 | ||||||
Asurion LLC, Term Loan B3, 3.750%, 02/18/17(a)(b) |
4,170,000 | 4,164,787 | ||||||
Asurion LLC, New Term Loan B2, 4.250%, 07/08/20(a)(b) |
38,867,400 | 38,818,816 | ||||||
Asurion LLC, New Term Loan B1, 5.000%, 05/24/19(a)(b) |
47,430,800 | 47,697,836 | ||||||
Asurion LLC, New 2nd Lien Term Loan, 8.500%, 03/03/21(a)(b) |
34,726,489 | 35,994,006 | ||||||
Hub International Ltd., Term Loan B, 4.250%, 10/02/20(a)(b) |
13,511,777 | 13,521,100 | ||||||
La Frontera Generation LLC, Term Loan, 4.500%, 09/30/20(a)(b) |
19,862,267 | 19,921,854 | ||||||
USI, Inc., Term Loan B, 4.250%, 12/27/19(a)(b) |
12,485,588 | 12,493,454 | ||||||
|
|
|||||||
198,442,671 | ||||||||
|
|
|||||||
Leisure Time 0.5% |
||||||||
Belmond Interfin Ltd., USD Term Loan B, 4.000%, 03/21/21(a)(b) |
9,865,275 | 9,883,822 | ||||||
Fitness International LLC, Term Loan B, 07/01/20(b)(c)(d) |
4,455,000 | 4,435,532 | ||||||
La Quinta Intermediate Holdings LLC, Term Loan B, 4.000%, 04/14/21(a)(b) |
17,554,762 | 17,565,821 | ||||||
Lions Gate Entertainment Corp., 2nd Lien Term Loan, 5.000%, 07/17/20(a)(b) |
8,290,000 | 8,414,350 | ||||||
|
|
|||||||
40,299,525 | ||||||||
|
|
|||||||
Lodging 5.8% |
||||||||
Bally Technologies, Inc., Term Loan B, 4.250%, 11/25/20(a)(b) |
5,359,726 | 5,379,825 | ||||||
Boyd Gaming Corp., Term Loan B, 4.000%, 08/14/20(a)(b) |
6,566,372 | 6,581,147 | ||||||
Caesars Entertainment Operating Co., Extended Term Loan B6, 5.402%-7.500%, 01/26/18(a)(b) |
103,113,691 | 96,166,921 | ||||||
Caesars Entertainment Operating Co., Term Loan B4, 9.500%, 10/31/16(a)(b) |
7,657,781 | 7,678,840 | ||||||
Caesars Entertainment Operating Co., Term Loan B7, 9.750%, 03/01/17(a)(b) |
18,665,000 | 18,399,957 | ||||||
Caesars Entertainment Resort Properties LLC, Term Loan B, 7.000%, 10/12/20(a)(b) |
61,645,225 | 61,979,342 | ||||||
Golden Nugget, Inc., New Delayed Draw Term Loan, 5.500%, 11/21/19(a)(b) |
2,701,425 | 2,752,077 | ||||||
Golden Nugget, Inc., New Term Loan B, 5.500%, 11/21/19(a)(b) |
6,303,325 | 6,421,512 | ||||||
Hilton Worldwide Finance LLC, USD Term Loan B2, 3.500%, 10/26/20(a)(b) |
136,237,371 | 135,953,997 | ||||||
Marina District Finance Co., Inc., Term Loan B, 6.750%, 08/15/18(a)(b) |
16,128,950 | 16,305,239 | ||||||
MGM Resorts International, Term Loan B, 3.500%, 12/20/19(a)(b) |
3,729,104 | 3,716,276 | ||||||
Mohegan Tribal Gaming Authority, New Term Loan B, 5.500%, 11/19/19(a)(b) |
9,004,750 | 9,143,603 |
See Notes to Schedules of Portfolio Investments.
Peninsula Gaming LLC, Term Loan, 4.250%, 11/20/17(a)(b) |
5,162,960 | 5,170,653 | ||||||
Pinnacle Entertainment, Inc., Term Loan B2, 3.750%, 08/13/20(a)(b) |
9,528,696 | 9,544,514 | ||||||
Playa Resorts Holding B.V., Term Loan B, 4.000%, 08/06/19(a)(b) |
6,168,388 | 6,183,809 | ||||||
Scientific Games International, Inc., New Term Loan B, 4.250%, 10/18/20(a)(b) |
65,132,438 | 64,389,277 | ||||||
SeaWorld Parks & Entertainment, Inc., Term Loan B2, 3.000%, 05/14/20(a)(b) |
12,183,889 | 12,001,131 | ||||||
Seminole Tribe of Florida, Term Loan B2, 2.234%, 10/20/17(a)(b) |
5 | 5 | ||||||
Shingle Springs Tribal Gaming Authority, Term Loan B, 6.250%, 08/29/19(a)(b) |
5,268,725 | 5,426,787 | ||||||
Starwood Property Trust, Inc., Term Loan B, 3.500%, 04/17/20(a)(b) |
14,104,406 | 14,016,253 | ||||||
|
|
|||||||
487,211,165 | ||||||||
|
|
|||||||
Machinery-Diversified 1.7% |
||||||||
Alliance Laundry Systems LLC, Refinance Term Loan, 4.250%-5.250%, 12/10/18(a)(b) |
18,159,076 | 18,244,242 | ||||||
Alliance Laundry Systems LLC, 2nd Lien Term Loan, 9.500%, 12/10/19(a)(b) |
2,454,545 | 2,491,364 | ||||||
Brand Energy & Infrastructure Services, Inc., New Term Loan B, 4.750%, 11/26/20(a)(b) |
36,446,850 | 36,587,170 | ||||||
Generac Power Systems, Inc., Term Loan B, 3.250%, 05/31/20(a)(b) |
8,048,526 | 7,984,138 | ||||||
INA Beteiligungsgesellschaft MbH, USD Term Loan E, 05/15/20(b)(c)(d) |
28,955,000 | 29,057,501 | ||||||
Interline Brands, Inc., 2021 Term Loan, 4.000%, 03/17/21(a)(b) |
3,990,000 | 3,976,713 | ||||||
Key Safety Systems, Inc., Term Loan B, 4.750%, 05/09/18(a)(b) |
7,096,205 | 7,105,076 | ||||||
NewPage Corp., Term Loan, 9.500%, 02/11/21(a)(b) |
13,785,000 | 13,802,231 | ||||||
Southwire LLC, Term Loan B, 3.250%-4.750%, 02/10/21(a)(b) |
6,019,913 | 6,006,729 | ||||||
W3 Co., 1st Lien Term Loan, 5.750%, 03/13/20(a)(b) |
4,547,438 | 4,462,173 | ||||||
West Corporation, Term Loan B10, 3.250%, 06/30/18(a)(b) |
11,661,235 | 11,582,522 | ||||||
|
|
|||||||
141,299,859 | ||||||||
|
|
|||||||
Manufacturing 0.7% |
||||||||
Doosan Infracore International, Inc., Term Loan B, 4.500%, 05/28/21(a)(b) |
12,435,000 | 12,528,263 | ||||||
Gates Global, Inc., Term Loan B, 07/05/21(b)(c)(d) |
14,325,000 | 14,273,573 | ||||||
Grede Holdings LLC, New Term Loan B, 4.750%, 06/02/21(a)(b) |
9,105,000 | 9,139,144 | ||||||
Mirror Bidco Corp., New Term Loan, 4.250%, 12/28/19(a)(b) |
11,794,304 | 11,779,561 | ||||||
Otter Products LLC, 2014 Term Loan, 5.750%, 06/03/20(a)(b) |
3,595,000 | 3,561,315 | ||||||
Signode Industrial Group US, Inc., USD Term Loan B, 4.000%, 05/01/21(a)(b) |
9,740,000 | 9,706,494 | ||||||
|
|
|||||||
60,988,350 | ||||||||
|
|
|||||||
Media 6.9% |
||||||||
Charter Communications Operating LLC, Term Loan F, 3.000%, 01/03/21(a)(b) |
8,959,500 | 8,817,671 | ||||||
Clear Channel Communications, Inc., Term Loan B, 3.800%, 01/29/16(a)(b) |
94,132,140 | 93,465,685 | ||||||
Clear Channel Communications, Inc., Term Loan C, 3.800%, 01/29/16(a)(b) |
5,497,874 | 5,422,278 | ||||||
Clear Channel Communications, Inc., Term Loan D, 6.900%, 01/30/19(a)(b) |
71,489,393 | 71,093,341 | ||||||
Clear Channel Communications, Inc., USD Extended Term Loan E, 7.650%, 07/30/19(a)(b) |
83,337,285 | 83,467,291 | ||||||
Emerald Expositions Holding, Inc., Term Loan B, 5.500%, 06/17/20(a)(b) |
8,746,140 | 8,798,092 | ||||||
EMI Music Publishing Ltd., Term Loan B, 3.750%, 06/29/18(a)(b) |
7,325,612 | 7,310,961 | ||||||
Granite Broadcasting Corp., Term Loan B, 6.750%, 05/23/18(a)(b) |
2,319,304 | 2,313,505 | ||||||
McGraw-Hill Global Education Holdings LLC, New 1st Lien Term Loan, 5.750%, 03/22/19(a)(b) |
6,594,089 | 6,701,242 | ||||||
Radio One, Inc., Term Loan B, 7.500%, 03/31/16(a)(b) |
11,650,560 | 11,873,901 | ||||||
Syniverse Holdings, Inc., Term Loan, 4.000%, 04/23/19(a)(b) |
15,188,013 | 15,162,649 | ||||||
Univision Communications, Inc., Term Loan C4, 4.000%, 03/01/20(a)(b) |
33,032,134 | 32,987,211 | ||||||
Univision Communications, Inc., Term Loan C3, 4.000%, 03/02/20(a)(b) |
35,675,009 | 35,650,393 | ||||||
US Finco LLC, 1st Lien Term Loan, 4.000%, 05/29/20(a)(b) |
5,281,650 | 5,268,446 | ||||||
Village Roadshow Films (BVI) Ltd., Term Loan B, 4.750%, 11/21/17(a)(b) |
50,277,619 | 50,780,396 | ||||||
WideOpenWest Finance LLC, Term Loan B, 4.750%, 04/01/19(a)(b) |
10,447,750 | 10,472,198 | ||||||
Ziggo B.V., USD Term Loan B1, 01/15/22(b)(c)(d) |
48,253,536 | 47,661,465 | ||||||
Ziggo B.V., USD Term Loan B2, 01/15/22(b)(c)(d) |
31,095,489 | 30,713,948 | ||||||
Ziggo B.V., USD Term Loan B3, 01/15/22(b)(c)(d) |
51,140,974 | 50,513,475 | ||||||
|
|
|||||||
578,474,148 | ||||||||
|
|
|||||||
Metals 0.3% |
||||||||
Arch Coal, Inc., Term Loan B, 6.250%, 05/16/18(a)(b) |
15,173,337 | 14,898,396 | ||||||
Atlas Iron Ltd., Term Loan B, 8.750%, 12/10/17(a)(b) |
8,875,982 | 8,909,267 | ||||||
|
|
|||||||
23,807,663 | ||||||||
|
|
See Notes to Schedules of Portfolio Investments.
Metals/Minerals 0.5% |
| |||||||
Atkore International, Inc., 1st Lien Term Loan, 4.500%, 04/09/21(a)(b) |
8,860,000 | 8,852,646 | ||||||
Atkore International, Inc., 2nd Lien Term Loan, 7.750%, 10/09/21(a)(b) |
2,000,000 | 2,007,500 | ||||||
Murray Energy Corp., 1st Lien Term Loan, 5.250%, 12/05/19(a)(b) |
13,595,925 | 13,748,879 | ||||||
Peabody Energy Corp., Term Loan B, 4.250%, 09/24/20(a)(b) |
20,746,757 | 20,898,001 | ||||||
|
|
|||||||
45,507,026 | ||||||||
|
|
|||||||
Mining 1.8% |
||||||||
FMG Resources (August 2006) Pty Ltd., New Term Loan B, 3.750%, 06/30/19(a)(b) |
125,267,642 | 125,315,244 | ||||||
Novelis, Inc., New Term Loan, 3.750%, 03/10/17(a)(b) |
18,755,871 | 18,767,499 | ||||||
Oxbow Carbon LLC, New Term Loan B, 4.250%, 07/19/19(a)(b) |
4,194,250 | 4,196,012 | ||||||
TMS International Corp., New Term Loan B, 4.500%, 10/16/20(a)(b) |
4,467,550 | 4,487,118 | ||||||
|
|
|||||||
152,765,873 | ||||||||
|
|
|||||||
Miscellaneous Manufacturer 0.3% |
||||||||
Boomerang Tube LLC, Term Loan, 11.000%-11.750%, 10/11/17(a)(b) |
21,560,854 | 19,404,769 | ||||||
Mauser Industrieverpackungen, 2nd Lien Term Loan, 06/30/22(b)(c)(d) |
3,610,000 | 3,573,900 | ||||||
|
|
|||||||
22,978,669 | ||||||||
|
|
|||||||
Oil & Gas 5.3% |
||||||||
Alon USA Energy, Inc., Master Limited Partnership Term Loan, 9.250%, 11/26/18(a)(b) |
16,932,549 | 17,567,519 | ||||||
Atlas Energy, L.P., Term Loan B, 6.500%, 07/31/19(a)(b) |
18,391,025 | 18,643,902 | ||||||
Bronco Midstream Funding LLC, Term Loan B, 5.000%, 08/17/20(a)(b) |
25,278,855 | 25,468,446 | ||||||
Citgo Petroleum Corp., Term Loan B, 8.000%, 06/24/15(a)(b) |
1,462,857 | 1,472,000 | ||||||
Citgo Petroleum Corp., Term Loan C, 9.000%, 06/23/17(a)(b) |
3,354,286 | 3,396,214 | ||||||
Drillships Financing Holding, Inc., Term Loan B1, 6.000%, 03/31/21(a)(b) |
46,768,794 | 47,499,791 | ||||||
EMG Utica LLC, Term Loan, 4.750%, 03/27/20(a)(b) |
28,240,000 | 28,275,300 | ||||||
Energy Transfer Equity, L.P., New Term Loan, 3.250%, 12/02/19(a)(b) |
80,810,000 | 79,931,595 | ||||||
EP Energy LLC, Term Loan B3, 3.500%, 05/24/18(a)(b) |
15,148,964 | 15,092,155 | ||||||
EP Energy LLC, Term Loan B2, 4.500%, 04/30/19(a)(b) |
6,922,500 | 6,960,574 | ||||||
Fieldwood Energy LLC, 1st Lien Term Loan, 3.875%, 09/28/18(a)(b) |
17,806,632 | 17,858,627 | ||||||
Fieldwood Energy LLC, 2nd Lien Term Loan, 8.375%, 09/30/20(a)(b) |
2,387,611 | 2,460,433 | ||||||
MEG Energy Corp., Refinance Term Loan, 3.750%, 03/31/20(a)(b) |
35,826,591 | 35,849,162 | ||||||
Obsidian Holdings LLC, Term Loan A, 6.750%, 11/02/15(a)(b) |
1,181,514 | 1,190,375 | ||||||
Obsidian Natural Gas Trust, Term Loan, 7.000%, 11/02/15(a)(b) |
12,202,256 | 12,293,773 | ||||||
Offshore Group Investment Ltd., Term Loan B, 5.750%, 03/28/19(a)(b) |
6,986,549 | 6,939,949 | ||||||
Offshore Group Investment Ltd., New Term Loan B, 5.000%, 10/25/17(a)(b)(c) |
22,489,311 | 19,666,777 | ||||||
Petroleum Geo-Services ASA, New Term Loan B, 3.250%, 03/19/21(a)(b) |
19,875,188 | 19,626,748 | ||||||
Samson Investment Co., New 2nd Lien Term Loan, 5.000%, 09/25/18(a)(b) |
8,248,908 | 8,234,473 | ||||||
Sheridan Investment Partners II L.P., Term Loan M, 4.250%, 12/16/20(a)(b) |
579,268 | 579,268 | ||||||
Sheridan Investment Partners II L.P., Term Loan A, 4.250%, 12/16/20(a)(b) |
11,165,680 | 11,165,680 | ||||||
Sheridan Investment Partners II L.P., Term Loan B, 4.250%, 12/16/20(a)(b) |
1,553,227 | 1,553,227 | ||||||
Sheridan Production Partners I LLC, Term Loan B2 I-A, 4.250%, 09/25/19(a)(b) |
518,852 | 519,719 | ||||||
Sheridan Production Partners I LLC, Term Loan B2 I-M, 4.250%, 09/25/19(a)(b) |
316,918 | 317,447 | ||||||
Sheridan Production Partners I LLC, Term Loan B2, 4.250%, 10/01/19(a)(b) |
3,915,622 | 3,922,162 | ||||||
Teine Energy Ltd., 2nd Lien Term Loan, 7.500%, 05/09/19(a)(b) |
4,307,043 | 4,350,113 | ||||||
Tervita Corp., Term Loan, 6.250%, 05/15/18(a)(b) |
4,931,343 | 4,945,742 | ||||||
TPF Generation Holdings LLC, Term Loan B, 4.750%, 12/29/17(a)(b) |
22,638,464 | 21,916,976 | ||||||
TPF II LC LLC, Term Loan B, 6.500%, 08/21/19(a)(b) |
6,233,897 | 6,327,406 | ||||||
Western Refining, Inc., Term Loan B, 4.250%, 11/12/20(a)(b) |
20,447,250 | 20,523,927 | ||||||
|
|
|||||||
444,549,480 | ||||||||
|
|
|||||||
Packaging & Containers 2.0% |
||||||||
Ardagh Holdings USA, Inc., Institutional Term Loan, 4.000%, 12/17/19(a)(b) |
7,355,000 | 7,361,105 | ||||||
Ardagh Holdings USA, Inc., USD Term Loan B, 4.250%, 12/17/19(a)(b) |
8,865,450 | 8,891,337 | ||||||
Berry Plastics Holding Corp., Term Loan D, 3.500%, 02/08/20(a)(b) |
102,739,963 | 101,830,714 | ||||||
Berry Plastics Holding Corp., Term Loan E, 3.750%, 01/06/21(a)(b) |
13,276,725 | 13,223,884 | ||||||
Caraustar Industries, Inc., Term Loan, 7.500%, 05/01/19(a)(b) |
9,615,799 | 9,718,014 |
See Notes to Schedules of Portfolio Investments.
Reynolds Group Holdings, Inc., New Dollar Term Loan, 4.000%, 12/01/18(a)(b) |
18,223,425 | 18,238,004 | ||||||
Tronox Pigments (Netherlands) BV, 2013 Term Loan, 4.000%, 03/19/20(a)(b) |
7,123,018 | 7,115,734 | ||||||
|
|
|||||||
166,378,792 | ||||||||
|
|
|||||||
Real Estate 1.0% |
||||||||
Alliant Holdings I, Inc., New Term Loan B, 4.250%, 12/20/19(a)(b) |
10,584,880 | 10,576,942 | ||||||
Continental Building Products LLC, 1st Lien Term Loan, 4.250%, 08/28/20(a)(b) |
16,409,599 | 16,394,174 | ||||||
CPG International, Inc., New Term Loan, 4.750%, 09/30/20(a)(b) |
5,930,113 | 5,940,016 | ||||||
Four Seasons Holdings, Inc., New 1st Lien Term Loan, 3.500%, 06/27/20(a)(b) |
15,378,788 | 15,346,800 | ||||||
Four Seasons Holdings, Inc., 2nd Lien Term Loan, 6.250%, 12/28/20(a)(b) |
6,565,000 | 6,663,475 | ||||||
Istar Financial, Inc., Add on Term Loan A2, 7.000%, 03/19/17(a)(b) |
4,430,204 | 4,563,110 | ||||||
Quikrete Holdings, Inc., 1st Lien Term Loan, 4.000%, 09/28/20(a)(b) |
11,249,988 | 11,253,475 | ||||||
Realogy Corp., New Term Loan B, 3.750%, 03/05/20(a)(b) |
12,699,732 | 12,694,398 | ||||||
|
|
|||||||
83,432,390 | ||||||||
|
|
|||||||
Retail 7.0% |
||||||||
Academy, Ltd., Term Loan, 4.500%, 08/03/18(a)(b) |
5,810,493 | 5,825,832 | ||||||
Albertsons LLC, Term Loan B2, 4.750%, 03/21/19(a)(b) |
28,522,270 | 28,646,913 | ||||||
Camping World, Inc., Term Loan, 5.750%, 02/20/20(a)(b) |
11,652,500 | 11,732,669 | ||||||
Capital Automotive LP, New Term Loan B, 4.000%, 04/10/19(a)(b) |
52,297,534 | 52,409,450 | ||||||
Capital Automotive LP, New 2nd Lien Term Loan, 6.000%, 04/30/20(a)(b) |
15,155,000 | 15,451,735 | ||||||
Evergreen Acqco 1 LP, New Term Loan, 5.000%, 07/09/19(a)(b) |
6,348,325 | 6,327,185 | ||||||
HMK Intermediate Holdings LLC, Term Loan, 5.000%, 03/29/19(a)(b) |
9,084,600 | 9,061,889 | ||||||
Hudsons Bay Co., 1st Lien Term Loan, 4.750%, 11/04/20(a)(b) |
16,508,250 | 16,708,660 | ||||||
J Crew Group, Inc., New Term Loan B, 4.000%, 03/05/21(a)(b) |
31,917,764 | 31,463,894 | ||||||
JC Penney Corporation, Inc., 1st Lien Term Loan, 6.000%, 05/22/18(a)(b) |
73,867,187 | 74,676,032 | ||||||
Jo-Ann Stores, Inc., Term Loan, 4.000%, 03/16/18(a)(b) |
14,866,961 | 14,761,703 | ||||||
Lands End, Inc., Term Loan B, 4.250%, 04/02/21(a)(b) |
24,299,100 | 24,258,520 | ||||||
Mens Wearhouse, Inc. (The), Term Loan B, 4.500%, 06/18/21(a)(b) |
17,705,000 | 17,786,089 | ||||||
Michaels Stores, Inc., New Term Loan, 3.750%, 01/28/20(a)(b) |
12,597,750 | 12,552,524 | ||||||
Neiman Marcus Group, Inc. (The), 2020 Term Loan, 4.250%, 10/26/20(a)(b) |
87,958,552 | 87,721,944 | ||||||
Ollies Bargain Outlet, Inc., Term Loan, 4.750%-6.000%, 09/27/19(a)(b) |
5,361,150 | 5,361,150 | ||||||
Party City Holdings, Inc., Term Loan, 4.000%, 07/27/19(a)(b) |
14,077,159 | 13,982,561 | ||||||
Petco Animal Supplies, Inc., New Term Loan, 4.000%, 11/24/17(a)(b) |
12,475,677 | 12,499,132 | ||||||
Rite Aid Corp., Term Loan 7, 3.500%, 02/21/20(a)(b) |
10,855,468 | 10,837,340 | ||||||
Rite Aid Corp., New 2nd Lien Term Loan, 4.875%, 06/21/21(a)(b) |
13,350,000 | 13,496,049 | ||||||
Rite Aid Corp., 2nd Lien Term Loan, 5.750%, 08/21/20(a)(b) |
15,855,000 | 16,187,004 | ||||||
Sears Holding Corporation., Term Loan, 5.500%, 06/30/18(a)(b) |
45,948,272 | 46,424,296 | ||||||
Supervalu, Inc., Refinance Term Loan B, 4.500%, 03/21/19(a)(b) |
10,060,799 | 10,047,016 | ||||||
Toys R Us Property Co. I LLC, New Term Loan B, 6.000%, 08/21/19(a)(b) |
31,655,925 | 30,389,688 | ||||||
Toys R Us-Delaware, Inc., Term Loan B3, 5.250%, 05/25/18(a)(b) |
3,911,892 | 3,162,099 | ||||||
Toys R Us-Delaware, Inc., Incremental Term Loan B2, 5.250%, 05/25/18(a)(b) |
2,907,250 | 2,350,018 | ||||||
Toys R Us-Delaware, Inc., New Term Loan, 6.000%, 09/01/16(a)(b) |
15,730,088 | 14,108,788 | ||||||
|
|
|||||||
588,230,180 | ||||||||
|
|
|||||||
Semiconductors 1.7% |
||||||||
Freescale Semiconductor, Inc., Term Loan B4, 4.250%, 02/28/20(a)(b) |
86,200,345 | 86,128,799 | ||||||
Freescale Semiconductor, Inc., Term Loan B5, 5.000%, 01/15/21(a)(b) |
8,877,913 | 8,909,784 | ||||||
Microsemi Corp., Term Loan B1, 3.250%, 02/19/20(a)(b) |
9,763,958 | 9,720,020 | ||||||
ON Semiconductor Corp., Term Loan A, 1.983%, 01/02/18(a)(b) |
41,389,748 | 40,355,004 | ||||||
|
|
|||||||
145,113,607 | ||||||||
|
|
|||||||
Service 0.2% |
||||||||
4L Holdings LLC, 1st Lien Term Loan, 5.500%, 05/08/20(a)(b) |
7,965,000 | 7,953,610 | ||||||
ServiceMaster Co., 2014 Term Loan B, 07/01/21(b)(c)(d) |
1,790,000 | 1,786,653 | ||||||
US Ecology, Inc., Term Loan, 06/17/21(b)(c)(d) |
3,000,000 | 3,015,000 | ||||||
|
|
|||||||
12,755,263 | ||||||||
|
|
|||||||
Software 0.1% |
||||||||
Sophia, L.P., 2014 Term Loan B, 4.000%, 07/19/18(a)(b) |
9,854,201 | 9,850,653 | ||||||
|
|
See Notes to Schedules of Portfolio Investments.
Telecommunication Services 12.2% |
| |||||||
Alcatel-Lucent USA, Inc., USD Term Loan C, 4.500%, 01/30/19(a)(b) |
56,637,354 | 56,646,416 | ||||||
Arris Group, Inc., Term Loan B, 3.500%, 04/17/20(a)(b) |
15,910,008 | 15,850,345 | ||||||
Atlantic Broadband Finance LLC, New Term Loan B, 3.250%, 12/02/19(a)(b) |
3,436,012 | 3,423,127 | ||||||
Avaya, Inc., Extended Term Loan B3, 4.727%, 10/26/17(a)(b) |
33,342,459 | 32,618,260 | ||||||
Avaya, Inc., Term Loan B6, 6.500%, 03/30/18(a)(b) |
14,586,699 | 14,588,741 | ||||||
Cellular South, Inc., New Term Loan, 3.250%, 05/22/20(a)(b) |
3,510,563 | 3,493,010 | ||||||
Cequel Communications LLC, Term Loan B, 3.500%, 02/14/19(a) |
28,611,756 | 28,602,887 | ||||||
Charter Communications Operating LLC, Term Loan E, 3.000%, 07/01/20(a)(b) |
41,339,408 | 40,679,217 | ||||||
Cincinnati Bell, Inc., New Term Loan B, 4.000%, 09/10/20(a)(b) |
28,277,680 | 28,260,148 | ||||||
Consolidated Communications, Inc., New Term Loan B, 4.250%, 12/23/20(a)(b) |
9,711,200 | 9,759,756 | ||||||
Crown Castle Operating Co., Term Loan B2, 3.000%, 01/31/21(a)(b) |
56,195,741 | 56,168,205 | ||||||
CSC Holdings, Inc., New Term Loan B, 2.650%, 04/17/20(a)(b) |
39,140,693 | 38,673,745 | ||||||
Cumulus Media Holdings, Inc., 2013 Term Loan, 4.250%, 12/23/20(a)(b) |
36,549,452 | 36,640,826 | ||||||
DataPipe, Inc., 1st Lien Term Loan, 5.250%, 03/15/19(a)(b) |
4,547,553 | 4,546,143 | ||||||
Evertec, Inc., New Term Loan A, 2.734%, 04/16/18(a)(b) |
18,088,000 | 17,828,075 | ||||||
Evertec, Inc., New Term Loan B, 3.500%, 04/17/20(a)(b) |
9,044,866 | 8,897,887 | ||||||
Frontier Communications Corp., Unsecured Term Loan, 3.025%, 10/14/16(a)(b) |
7,831,106 | 7,733,217 | ||||||
Integra Telecom, Inc., Term Loan B, 5.250%, 02/22/19(a)(b) |
13,002,682 | 13,070,946 | ||||||
Integra Telecom, Inc., 2nd Lien Term Loan, 9.750%, 02/22/20(a)(b) |
7,530,000 | 7,655,525 | ||||||
Intelsat Jackson Holdings S.A., Term Loan B2, 3.750%, 06/30/19(a)(b) |
57,153,549 | 57,200,986 | ||||||
Learfield Communications, Inc., New 1st Lien Term Loan, 4.500%, 10/09/20(a)(b) |
9,188,825 | 9,257,741 | ||||||
Level 3 Financing, Inc., New 2019 Term Loan, 4.000%, 08/01/19(a)(b) |
24,910,000 | 24,930,675 | ||||||
Level 3 Financing, Inc., 2020 Term Loan B, 4.000%, 01/15/20(a)(b) |
112,365,000 | 112,388,597 | ||||||
Liberty Cablevision of Puerto Rico LLC, New Term Loan B, 6.000%, 06/09/17(a)(b) |
7,085,850 | 7,125,743 | ||||||
Liberty Cablevision of Puerto Rico LLC, New 2nd Lien Term Loan, 10.000%, 06/08/18(a)(b) |
11,745,000 | 11,737,718 | ||||||
Liberty Cablevision of Puerto Rico LLC, 1st Lien Term Loan, 10.000%, 12/11/21(a)(b)(c) |
8,010,000 | 8,016,648 | ||||||
Liberty Cablevision of Puerto Rico LLC, 2nd Lien Term Loan, 10.000%, 03/11/23(a)(b)(c) |
4,945,000 | 4,957,363 | ||||||
Lightsquared LP, Term Loan B, 10/01/14(a)(b)(e) |
7,236,851 | 9,407,906 | ||||||
MCC Iowa LLC, Term Loan H, 3.250%, 01/29/21(a)(b) |
12,466,460 | 12,337,930 | ||||||
MCC Iowa LLC, Term Loan G, 4.000%, 01/20/20(a)(b) |
25,859,400 | 25,805,612 | ||||||
MCC Iowa LLC, Term Loan J, 4.000%, 06/30/21(a)(b)(c) |
1,790,000 | 1,791,486 | ||||||
Media General, Inc., Delayed Draw Term Loan B, 4.250%, 07/31/20(a)(b) |
7,412,192 | 7,439,914 | ||||||
NTELOS Inc., New Term Loan B, 5.750%, 11/08/19(a)(b) |
21,545,620 | 21,527,737 | ||||||
Nuance Communications, Inc., Term Loan C, 2.900%, 08/07/19(a)(b) |
6,152,850 | 6,109,780 | ||||||
Quebecor Media, Inc., Term Loan B1, 3.250%, 08/17/20(a)(b) |
30,836,975 | 30,387,372 | ||||||
Sinclair Television Group, Inc., Term Loan B, 3.000%, 04/09/20(a)(b) |
7,648,300 | 7,550,784 | ||||||
Syniverse Holdings, Inc., Term Loan B, 4.000%, 04/23/19(a)(b) |
22,202,042 | 22,174,290 | ||||||
Telx Group, Inc. (The), 1st Lien Term Loan, 4.500%, 04/09/20(a)(b) |
14,165,000 | 14,165,000 | ||||||
Telx Group, Inc. (The), 2nd Lien Term Loan, 7.500%, 04/09/21(a)(b) |
2,000,000 | 2,000,000 | ||||||
UPC Financing Partnership, USD Term Loan AH, 3.250%, 06/30/21(a)(b) |
27,166,632 | 26,952,831 | ||||||
Van Wagner Communications LLC, New Term Loan, 6.250%, 08/03/18(a)(b) |
15,424,333 | 15,585,055 | ||||||
Virgin Media Bristol LLC, USD Term Loan B, 3.500%, 06/05/20(a)(b) |
64,575,000 | 64,352,862 | ||||||
WMG Acquisition Corp., New Term Loan, 3.750%, 07/01/20(a)(b) |
30,564,038 | 30,048,422 | ||||||
Zayo Group LLC, PIK, Term Loan B, 4.000%, 07/02/19(a)(b) |
69,919,903 | 69,970,944 | ||||||
|
|
|||||||
1,028,359,872 | ||||||||
|
|
|||||||
Telecommunications 1.5% |
||||||||
CompuCom Systems, Inc., Refinance Term Loan B, 4.250%, 05/11/20(a)(b) |
6,792,714 | 6,719,149 | ||||||
LTS Buyer LLC, 1st Lien Term Loan, 4.000%, 04/13/20(a)(b) |
22,903,650 | 22,826,007 | ||||||
LTS Buyer LLC, 2nd Lien Term Loan, 8.000%, 04/12/21(a)(b) |
2,286,488 | 2,307,454 | ||||||
Numericable U.S. LLC, USD Term Loan B2, 4.500%, 05/21/20(a)(b) |
36,687,912 | 36,899,968 | ||||||
Numericable U.S. LLC, USD Term Loan B1, 4.500%, 05/21/20(a)(b) |
42,407,088 | 42,652,201 | ||||||
Windstream Corp., Term Loan B4, 3.500%, 01/23/20(a)(b) |
10,697,100 | 10,670,357 | ||||||
|
|
|||||||
122,075,136 | ||||||||
|
|
See Notes to Schedules of Portfolio Investments.
Transportation 1.4% |
| |||||||
Affinia Group Intermediate Holdings, Inc., Term Loan B2, 4.750%, 04/27/20(a)(b) |
4,675,520 | 4,722,275 | ||||||
American Airlines, Inc., Exit Term Loan, 3.750%, 06/27/19(a)(b) |
62,053,200 | 62,113,392 | ||||||
Commercial Barge Line Co., 1st Lien Term Loan, 7.500%, 09/23/19(a)(b) |
13,079,437 | 13,128,485 | ||||||
Delta Air Lines, Inc., 2018 Term Loan B1, 3.500%, 10/18/18(a)(b) |
4,492,364 | 4,485,940 | ||||||
FPC Holdings, Inc., 1st Lien Term Loan, 5.250%, 11/19/19(a)(b) |
7,165,875 | 7,130,046 | ||||||
Navios Partners Finance (US), Inc., Term Loan B, 5.250%, 06/27/18(a)(b) |
13,669,703 | 13,823,487 | ||||||
Sabre, Inc., Term Loan C, 4.000%, 02/19/18(a)(b) |
1,264,328 | 1,263,544 | ||||||
Visteon Corp., Delayed Draw Term Loan B, 05/27/21(b)(c)(d) |
13,280,000 | 13,177,080 | ||||||
|
|
|||||||
119,844,249 | ||||||||
|
|
|||||||
Utilities 1.6% |
||||||||
Astoria Generating Company Acquisitions LLC, New Term Loan, 8.500%, 10/26/17(a)(b) |
7,940,617 | 8,158,984 | ||||||
Calpine Construction Finance Co., L.P., Original Term Loan B1, 3.000%, 05/03/20(a)(b) |
22,750,200 | 22,314,079 | ||||||
Calpine Construction Finance Co., L.P., Original Term Loan B2, 3.250%, 01/31/22(a)(b) |
12,648,698 | 12,519,049 | ||||||
Dynegy Holdings, Inc., Term Loan B2, 4.000%, 04/23/20(a)(b) |
8,191,916 | 8,208,545 | ||||||
EFS Cogen Holdings I LLC, Term Loan B, 3.750%, 12/17/20(a)(b) |
13,953,871 | 13,977,174 | ||||||
Empire Generating Co. LLC, Term Loan B, 5.250%, 03/12/21(a)(b) |
15,888,877 | 16,027,904 | ||||||
Empire Generating Co. LLC, Term Loan C, 5.250%, 03/12/21(a)(b) |
1,111,304 | 1,121,028 | ||||||
Exgen Renewables I LLC, Term Loan, 5.250%, 02/08/21(a)(b) |
9,113,355 | 9,238,664 | ||||||
Polarpak, Inc., USD 1st Lien Canadian Borrower, 4.500%, 06/05/20(a)(b) |
5,542,139 | 5,542,139 | ||||||
Power Team Services LLC, 1st Lien Term Loan, 4.250%, 05/06/20(a)(b) |
14,618,672 | 14,289,752 | ||||||
Power Team Services LLC, Delayed Draw Term Loan, 4.250%, 05/06/20(a)(b) |
776,634 | 759,160 | ||||||
Power Team Services LLC, 2nd Lien Term Loan, 8.250%, 11/06/20(a)(b) |
7,890,000 | 7,692,750 | ||||||
Texas Competitive Electric Holdings Company LLC, DIP Delayed Draw Term Loan, |
3,626,733 | 3,644,866 | ||||||
Texas Competitive Electric Holdings Company LLC, DIP Term Loan, 3.750%, |
4,698,267 | 4,721,759 | ||||||
Viva Alamo LLC, Term Loan B, 4.750%, 02/20/21(a)(b) |
6,658,313 | 6,724,896 | ||||||
|
|
|||||||
134,940,749 | ||||||||
|
|
|||||||
Wireless Communication 0.2% |
||||||||
GOGO LLC, Term Loan, 11.250%, 06/21/17(a)(b) |
18,637,171 | 19,569,029 | ||||||
|
|
|||||||
Total Bank Loans (Cost $7,512,339,479) |
|
7,556,201,201 | ||||||
|
|
|||||||
Corporate Bonds 5.0% |
||||||||
Aerospace/Defense 0.0%(f) |
||||||||
Bombardier, Inc., 6.000%, 10/15/22(a) |
4,000,000 | 4,100,000 | ||||||
|
|
|||||||
Airlines 0.0%(f) |
||||||||
Air Canada, 7.750%, 04/15/21(b) |
1,200,000 | 1,275,000 | ||||||
Air Canada, 8.750%, 04/01/20(b) |
1,000,000 | 1,120,000 | ||||||
|
|
|||||||
2,395,000 | ||||||||
|
|
|||||||
Auto Manufacturers 0.0%(f) |
||||||||
General Motors Co. Escrow, 7.200%(a)(g)(h)(i)(j) |
10,000,000 | | ||||||
General Motors Co. Escrow, 8.375%(a)(g)(h)(i)(j) |
10,000,000 | | ||||||
|
|
|||||||
| ||||||||
|
|
|||||||
Commercial Services 0.1% |
||||||||
Harland Clarke Holdings Corp., 9.250%, 03/01/21 |
3,330,000 | 3,488,175 | ||||||
Harland Clarke Holdings Corp., 9.750%, 08/01/18 |
3,715,000 | 4,081,856 | ||||||
|
|
|||||||
7,570,031 | ||||||||
|
|
|||||||
Diversified Financial Services 0.1% |
||||||||
International Lease Finance Corp., 3.875%, 04/15/18 |
4,890,000 | 5,012,250 | ||||||
Navient Corp., 6.125%, 03/25/24, MTN |
2,000,000 | 2,027,500 | ||||||
|
|
|||||||
7,039,750 | ||||||||
|
|
See Notes to Schedules of Portfolio Investments.
Electric 0.5% |
| |||||||
GenOn Energy, Inc., 9.875%, 10/15/20 |
5,000,000 | 5,437,500 | ||||||
Glenn Pool Oil & Gas Trust, 6.000%, 08/02/21 |
34,122,709 | 35,487,618 | ||||||
NRG Energy, Inc., 6.250%, 05/01/24 |
4,800,000 | 5,016,000 | ||||||
|
|
|||||||
45,941,118 | ||||||||
|
|
|||||||
Entertainment 0.1% |
||||||||
GLP Capital LP/GLP Financing II, Inc., 4.375%, 11/01/18 |
2,900,000 | 2,994,250 | ||||||
GLP Capital LP/GLP Financing II, Inc., 4.875%, 11/01/20 |
3,990,000 | 4,109,700 | ||||||
|
|
|||||||
7,103,950 | ||||||||
|
|
|||||||
Food 0.2% |
||||||||
HJ Heinz Co., 4.250%, 10/15/20 |
13,100,000 | 13,181,875 | ||||||
Post Holdings, Inc., 6.000%, 12/15/22 |
2,710,000 | 2,764,200 | ||||||
|
|
|||||||
15,946,075 | ||||||||
|
|
|||||||
Healthcare - Services 0.1% |
||||||||
CHS/Community Health Systems, Inc., 6.875%, 02/01/22 |
10,000,000 | 10,600,000 | ||||||
|
|
|||||||
Holding Companies-Diversified 0.0%(f) |
||||||||
WaveDivision Escrow LLC/WaveDivision Escrow Corp., 8.125%, 09/01/20 |
2,195,000 | 2,370,600 | ||||||
|
|
|||||||
Internet 0.0%(f) |
||||||||
Zayo Escrow Corp., 10.125%, 07/01/20 |
2,365,000 | 2,737,487 | ||||||
|
|
|||||||
Lodging 0.1% |
||||||||
Caesars Entertainment Resort Properties LLC, 8.000%, 10/01/20 |
5,000,000 | 5,225,000 | ||||||
|
|
|||||||
Media 1.0% |
||||||||
CCO Holdings LLC/Cap Corp., 5.750%, 01/15/24 |
9,000,000 | 9,202,500 | ||||||
Clear Channel Communications, Inc., 9.000%, 12/15/19 |
10,353,000 | 11,038,886 | ||||||
Clear Channel Communications, Inc., 11.250%, 03/01/21 |
1,185,000 | 1,343,494 | ||||||
DISH DBS Corp., 5.000%, 03/15/23 |
30,235,000 | 30,801,906 | ||||||
DISH DBS Corp., 5.125%, 05/01/20 |
3,590,000 | 3,773,988 | ||||||
Numericable Group SA, 6.000%, 05/15/22 |
12,000,000 | 12,480,000 | ||||||
Numericable Group SA, 6.250%, 05/15/24 |
6,000,000 | 6,262,500 | ||||||
VTR Finance BV, 6.875%, 01/15/24 |
5,500,000 | 5,905,559 | ||||||
|
|
|||||||
80,808,833 | ||||||||
|
|
|||||||
Oil & Gas 0.2% |
||||||||
Halcon Resources Corp., 8.875%, 05/15/21 |
10,000,000 | 10,750,000 | ||||||
MEG Energy Corp., 7.000%, 03/31/24 |
2,275,000 | 2,508,188 | ||||||
Offshore Drilling Holding SA, 8.375%, 09/20/20 |
3,375,000 | 3,737,812 | ||||||
|
|
|||||||
16,996,000 | ||||||||
|
|
|||||||
Packaging & Containers 0.1% |
||||||||
Beverage Packaging Holdings Luxembourg II SA/Beverage Packaging Holdings II Is, 5.625%, 12/15/16 |
5,600,000 | 5,740,000 | ||||||
|
|
|||||||
Pharmaceuticals 0.3% |
||||||||
Grifols Worldwide Operations Ltd., 5.250%, 04/01/22 |
2,260,000 | 2,344,750 | ||||||
Valeant Pharmaceuticals International, Inc., 5.625%, 12/01/21 |
19,000,000 | 19,546,250 | ||||||
Valeant Pharmaceuticals International, Inc., 7.500%, 07/15/21 |
2,150,000 | 2,381,125 | ||||||
|
|
|||||||
24,272,125 | ||||||||
|
|
|||||||
Retail 0.1% |
||||||||
Toys R US-Delaware, Inc., 7.375%, 09/01/16 |
5,000,000 | 4,600,000 | ||||||
|
|
|||||||
Software 0.1% |
||||||||
Activision Blizzard, Inc., 6.125%, 09/15/23 |
7,500,000 | 8,250,000 | ||||||
|
|
|||||||
Telecommunication Services 2.0% |
||||||||
Altice Financing SA, 6.500%, 01/15/22(b) |
1,675,000 | 1,783,875 | ||||||
Altice SA, 7.750%, 05/15/22(b) |
10,000,000 | 10,675,000 |
See Notes to Schedules of Portfolio Investments.
Avanti Communications Group PLC, 10.000%, 10/01/19(b) |
3,275,000 | 3,471,500 | ||||||
B Communications Ltd., 7.375%, 02/15/21(b) |
6,800,000 | 7,310,000 | ||||||
Intelsat Jackson Holdings SA, 5.500%, 08/01/23 |
4,920,000 | 4,895,400 | ||||||
Level 3 Communications, Inc., 11.875%, 02/01/19 |
3,000,000 | 3,330,000 | ||||||
Level 3 Financing, Inc., 6.125%, 01/15/21 |
10,000,000 | 10,712,500 | ||||||
Level 3 Financing, Inc., 8.125%, 07/01/19 |
4,065,000 | 4,435,931 | ||||||
NII International Telecom SCA, 7.875%, 08/15/19 |
2,285,000 | 1,976,525 | ||||||
NII International Telecom SCA., 11.375%, 08/15/19 |
2,560,000 | 2,265,600 | ||||||
Softbank Corp., 4.500%, 04/15/20 |
8,400,000 | 8,536,500 | ||||||
Sprint Capital Corp., 6.875%, 11/15/28 |
2,000,000 | 2,020,000 | ||||||
Sprint Capital Corp., 8.750%, 03/15/32(k) |
1,700,000 | 1,963,500 | ||||||
Sprint Communications, Inc., 7.000%, 08/15/20 |
5,680,000 | 6,283,500 | ||||||
Sprint Corp., 7.125%, 06/15/24 |
5,950,000 | 6,307,000 | ||||||
Sprint Corp., 7.875%, 09/15/23 |
14,720,000 | 16,376,000 | ||||||
T-Mobile USA, Inc., 6.125%, 01/15/22 |
4,000,000 | 4,245,000 | ||||||
T-Mobile USA, Inc., 6.250%, 04/01/21 |
3,945,000 | 4,191,563 | ||||||
T-Mobile USA, Inc., 6.542%, 04/28/20 |
3,125,000 | 3,375,000 | ||||||
T-Mobile USA, Inc., 6.633%, 04/28/21 |
5,355,000 | 5,796,787 | ||||||
Trilogy International Partners LLC, 10.250%, 08/15/16 |
12,958,000 | 13,314,345 | ||||||
Wind Acquisition Finance SA, 7.250%, 02/15/18 |
9,940,000 | 10,501,610 | ||||||
Wind Acquisition Finance SA, 7.375%, 04/23/21 |
28,500,000 | 30,423,750 | ||||||
Windstream Holding of the Midwest, Inc., 6.750%, 04/01/28(k) |
7,000,000 | 6,895,000 | ||||||
|
|
|||||||
171,085,886 | ||||||||
|
|
|||||||
Total Corporate Bonds (Cost $401,018,411) |
|
422,781,855 | ||||||
|
|
|||||||
Municipal Bonds 0.4% |
||||||||
Puerto Rico 0.4% |
||||||||
Commonwealth of Puerto Rico, Series A, GO, 8.000%, 07/01/35 |
26,640,000 | 23,443,467 | ||||||
Puerto Rico Sales Tax Financing Corp., Series A, RB, 6.500%, 08/01/44 |
5,125,000 | 4,408,115 | ||||||
Puerto Rico Sales Tax Financing Corp., Series C, RB, 5.250%, 08/01/41 |
5,285,000 | 4,013,323 | ||||||
|
|
|||||||
Total Municipal Bonds (Cost $33,264,562) |
31,864,905 | |||||||
|
|
|||||||
Preferred Stock 0.0%(f) |
||||||||
Diversified Financial Services 0.0%(f) |
||||||||
GMAC Capital Trust I, Series 2, 8.125% |
94,025 | 2,566,883 | ||||||
|
|
|||||||
Total Preferred Stock (Cost $2,350,625) |
|
2,566,883 | ||||||
|
|
|||||||
Common Stock 0.0%(f) |
||||||||
Energy-Alternate Sources 0.0%(f) |
||||||||
Aventine Renewable Energy Holdings, Inc.*(h) |
69,037 | 440,111 | ||||||
|
|
|||||||
Total Common Stock (Cost $8,201,222) |
|
440,111 | ||||||
|
|
|||||||
Money Market Fund 7.0% |
||||||||
State Street Institutional U.S. Government Money Market Fund, Institutional Class, |
591,584,816 | 591,584,816 | ||||||
|
|
|||||||
Total Money Market Fund (Cost $591,584,816) |
|
591,584,816 | ||||||
|
|
|||||||
Total Investments (Cost $8,548,759,115) 102.3% |
8,605,439,771 | |||||||
Liabilities in Excess of Other Assets (2.3)% |
(195,596,039 | ) | ||||||
|
|
|||||||
Net Assets 100.0% |
$ | 8,409,843,732 | ||||||
|
|
* | Non-income producing security. |
(a) | Variable or floating rate security. Rate disclosed is as of June 30, 2014. |
See Notes to Schedules of Portfolio Investments.
(b) | Rule 144A, Section 4(2) or other security which is restricted as to resale to institutional investors. The Funds investment adviser/subadviser has deemed this security to be liquid based upon procedures approved by the Board of Trustees. These securities represent 89.8% of net assets as of June 30, 2014. |
(c) | All or a portion of this security has been purchased on a when-issued or delayed-delivery basis. |
(d) | The security does not have a stated settlement date and will receive a rate upon settling with the custodian. |
(e) | Bankrupt issuer. |
(f) | Less than 0.05% of Net Assets. |
(g) | Perpetual maturity. |
(h) | The Funds investment adviser/subadviser has deemed this security to be illiquid based upon procedures approved by the Board of Trustees. |
(i) | Valued at fair value using procedures approved by the Board of Trustees. Fair valued securities held by the Fund represent 0 % of net assets as of June 30, 2014. |
(j) | Security is in default. |
(k) | All or a portion of this security has been segregated, or otherwise earmarked, in connection with obligations for when-issued or delayed-delivery purchase commitments. |
(l) | Rate disclosed, the 7 day net yield, is as of June 30, 2014. |
Investment Abbreviations
ADS |
American Depositary Shares | |
GO |
General Obligation | |
MTN |
Medium Term Note | |
PIK |
Payment in-kind | |
RB |
Revenue Bond |
As of June 30, 2014, the Fund had the following unfunded loan commitment:
Borrower |
Unfunded Commitment |
Unrealized Appreciation |
||||||
Texas Competitive Electric Holdings Company, LLC |
$ | 5,804,951 | $ | 31,823 | ||||
|
|
|
|
See Notes to Schedules of Portfolio Investments.
SCHEDULES OF PORTFOLIO INVESTMENTS
RIDGEWORTH FUNDS June 30, 2014
(Unaudited)
Seix High Yield Fund
Shares or Principal Amount($) |
Value($) | |||||||
Bank Loans 5.4% |
||||||||
Chemicals 0.4% |
||||||||
Ineos US Finance LLC, 6 Year Term Loan, 3.750%, 05/04/18(a)(b) |
4,848,467 | 4,834,552 | ||||||
|
|
|||||||
Commercial Services 0.4% |
||||||||
Walter Energy, Inc., Term Loan B, 7.250%, 04/02/18(a)(b) |
3,920,176 | 3,784,930 | ||||||
|
|
|||||||
Healthcare - Services 0.1% |
||||||||
MPH Acquisition Holdings LLC, Term Loan, 4.000%, 03/31/21(a)(b) |
1,001,909 | 998,603 | ||||||
|
|
|||||||
Information Technology 0.4% |
||||||||
Avago Technologies Cayman Ltd., USD Term Loan B, 3.750%, 05/06/21(a)(b) |
4,180,000 | 4,191,578 | ||||||
|
|
|||||||
Insurance 0.4% |
||||||||
Asurion LLC, New Term Loan B1, 5.000%, 05/24/19(a)(b) |
4,695,645 | 4,722,081 | ||||||
|
|
|||||||
Lodging 0.3% |
||||||||
Caesars Entertainment Operating Co., Extended Term Loan B6, 5.402%-7.500%, 01/26/18(a)(b)(c) |
3,455,000 | 3,222,237 | ||||||
|
|
|||||||
Retail 1.8% |
||||||||
JC Penney Corporation, Inc., 1st Lien Term Loan, 6.000%, 05/22/18(a)(b) |
4,712,400 | 4,764,001 | ||||||
Lands End, Inc., Term Loan B, 4.250%, 04/02/21(a)(b) |
2,588,513 | 2,584,190 | ||||||
Sears Holding Corporation., Term Loan, 5.500%, 06/30/18(a)(b) |
7,984,875 | 8,067,598 | ||||||
Toys R Us-Delaware, Inc., New Term Loan, 6.000%, 09/01/16(a)(b) |
4,007,396 | 3,594,354 | ||||||
|
|
|||||||
19,010,143 | ||||||||
|
|
|||||||
Semiconductors 0.6% |
||||||||
Freescale Semiconductor, Inc., Term Loan B4, 4.250%, 02/28/20(a)(b) |
6,562,361 | 6,556,914 | ||||||
|
|
|||||||
Telecommunication Services 0.7% |
||||||||
Alcatel-Lucent USA, Inc., USD Term Loan C, 4.500%, 01/30/19(a)(b) |
2,605,325 | 2,605,742 | ||||||
Virgin Media Bristol LLC, USD Term Loan B, 3.500%, 06/05/20(a)(b) |
5,305,000 | 5,286,751 | ||||||
|
|
|||||||
7,892,493 | ||||||||
|
|
|||||||
Telecommunications 0.3% |
||||||||
Numericable U.S. LLC, USD Term Loan B1, 4.500%, 05/21/20(a)(b) |
1,790,754 | 1,801,104 | ||||||
Numericable U.S. LLC, USD Term Loan B2, 4.500%, 05/21/20(a)(b) |
1,549,246 | 1,558,201 | ||||||
|
|
|||||||
3,359,305 | ||||||||
|
|
|||||||
Total Bank Loans (Cost $58,752,431) |
|
58,572,836 | ||||||
|
|
|||||||
Corporate Bonds 83.5% |
||||||||
Advertising 0.5% |
||||||||
CBS Outdoor Americas Capital LLC/CBS Outdoor Americas Capital Corp., 5.250%, 02/15/22(a) |
5,041,000 | 5,179,628 | ||||||
|
|
|||||||
Aerospace/Defense 1.6% |
||||||||
BE Aerospace, Inc., 5.250%, 04/01/22 |
3,605,000 | 3,924,944 | ||||||
Bombardier, Inc., 6.000%, 10/15/22(a) |
7,820,000 | 8,015,500 | ||||||
Ducommun, Inc., 9.750%, 07/15/18 |
2,280,000 | 2,537,207 | ||||||
Triumph Group, Inc., 5.250%, 06/01/22(a) |
2,570,000 | 2,576,425 | ||||||
|
|
|||||||
17,054,076 | ||||||||
|
|
See Notes to Schedules of Portfolio Investments.
Airlines 1.9% |
| |||||||
Air Canada, 6.750%, 10/01/19(a) |
9,850,000 | 10,711,875 | ||||||
American Airlines, 2013-2 Class B, 5.600%, 07/15/20(a) |
5,851,534 | 6,144,110 | ||||||
United Airlines Pass Through Trust, 2014-1 Class B, 4.750%, 10/11/23, Series B |
3,420,000 | 3,475,575 | ||||||
|
|
|||||||
20,331,560 | ||||||||
|
|
|||||||
Auto Parts & Equipment 0.3% |
||||||||
Schaeffler Holding Finance BV, PIK, 6.875%, 08/15/18(a) |
3,000,000 | 3,161,250 | ||||||
|
|
|||||||
Banks 1.5% |
||||||||
CIT Group, Inc., 5.375%, 05/15/20 |
1,945,000 | 2,087,835 | ||||||
JPMorgan Chase & Co., Series S, 6.750%(b)(d) |
4,940,000 | 5,316,675 | ||||||
Provident Funding Associates LP/PFG Finance Corp., 6.750%, 06/15/21(a)(e) |
5,320,000 | 5,386,500 | ||||||
Provident Funding Associates LP/PFG Finance Corp., 10.125%, 02/15/19(a) |
2,685,000 | 2,913,225 | ||||||
|
|
|||||||
15,704,235 | ||||||||
|
|
|||||||
Building Materials 2.3% |
||||||||
Building Materials Corp. of America, 6.750%, 05/01/21(a) |
2,385,000 | 2,569,837 | ||||||
Cemex Finance LLC, 9.375%, 10/12/22(a) |
8,700,000 | 10,233,375 | ||||||
Cemex SAB de CV, 7.250%, 01/15/21(a) |
4,755,000 | 5,230,500 | ||||||
US Concrete, Inc., 8.500%, 12/01/18(a) |
3,000,000 | 3,255,000 | ||||||
USG Corp., 5.875%, 11/01/21(a) |
2,900,000 | 3,074,000 | ||||||
|
|
|||||||
24,362,712 | ||||||||
|
|
|||||||
Chemicals 0.2% |
||||||||
Nufarm Australia Ltd., 6.375%, 10/15/19(a)(e) |
2,480,000 | 2,594,700 | ||||||
|
|
|||||||
Coal 1.1% |
||||||||
CONSOL Energy, Inc., 5.875%, 04/15/22(a) |
4,435,000 | 4,645,662 | ||||||
Natural Resource Partners LP/NRP Finance Corp., 9.125%, 10/01/18 |
2,565,000 | 2,693,250 | ||||||
Peabody Energy Corp., 6.250%, 11/15/21(e) |
4,070,000 | 4,054,738 | ||||||
|
|
|||||||
11,393,650 | ||||||||
|
|
|||||||
Commercial Services 4.4% |
||||||||
Cenveo Corp., 6.000%, 08/01/19(a) |
4,905,000 | 4,905,000 | ||||||
Harland Clarke Holdings Corp., 6.875%, 03/01/20(a) |
5,195,000 | 5,506,700 | ||||||
Harland Clarke Holdings Corp., 9.750%, 08/01/18(a) |
11,424,000 | 12,552,120 | ||||||
National Money Mart Co., 10.375%, 12/15/16 |
3,700,000 | 3,898,875 | ||||||
Prospect Medical Holdings, Inc., 8.375%, 05/01/19(a) |
3,675,000 | 4,005,750 | ||||||
Quad/Graphics, Inc., 7.000%, 05/01/22(a) |
5,200,000 | 5,200,000 | ||||||
TMS International Corp., 7.625%, 10/15/21(a) |
8,591,000 | 9,170,892 | ||||||
United Rentals North America, Inc., 5.750%, 11/15/24 |
2,530,000 | 2,628,038 | ||||||
|
|
|||||||
47,867,375 | ||||||||
|
|
|||||||
Computers 0.4% |
||||||||
j2 Global, Inc., 8.000%, 08/01/20 |
3,865,000 | 4,183,863 | ||||||
|
|
|||||||
Diversified Financial Services 6.0% |
||||||||
CNG Holdings, Inc., 9.375%, 05/15/20(a) |
3,995,000 | 3,320,844 | ||||||
Community Choice Financial, Inc., 10.750%, 05/01/19 |
2,925,000 | 2,500,875 | ||||||
Denali Borrower LLC/Denali Finance Corp., 5.625%, 10/15/20(a) |
1,985,000 | 2,104,100 | ||||||
DFC Finance Corp., 10.500%, 06/15/20(a) |
3,660,000 | 3,737,775 | ||||||
Enova International, Inc., 9.750%, 06/01/21(a) |
2,740,000 | 2,729,725 | ||||||
Icahn Enterprises LP/Icahn Enterprises Finance Corp., 4.875%, 03/15/19 |
5,150,000 | 5,304,500 | ||||||
Icahn Enterprises LP/Icahn Enterprises Finance Corp., 6.000%, 08/01/20 |
4,970,000 | 5,324,112 | ||||||
ILFC E-Capital Trust I, 5.020%, 12/21/65(a)(b)(e) |
11,020,000 | 10,799,600 | ||||||
ILFC E-Capital Trust II, 6.250%, 12/21/65(a)(b) |
2,490,000 | 2,490,000 | ||||||
Jefferies Finance LLC/JFIN Co-Issuer Corp., 7.375%, 04/01/20(a)(e) |
2,120,000 | 2,226,000 | ||||||
Nationstar Mortgage LLC/Nationstar Capital Corp., 6.500%, 07/01/21(e) |
4,115,000 | 4,125,288 | ||||||
Nationstar Mortgage LLC/Nationstar Capital Corp., 6.500%, 06/01/22 |
4,125,000 | 4,125,000 | ||||||
Navient Corp., 4.875%, 06/17/19, MTN |
3,025,000 | 3,117,565 | ||||||
Navient Corp., 6.125%, 03/25/24, MTN |
6,455,000 | 6,543,756 |
See Notes to Schedules of Portfolio Investments.
SquareTwo Financial Corp., 11.625%, 04/01/17(e) |
3,570,000 | 3,445,050 | ||||||
Walter Investment Management Corp., 7.875%, 12/15/21(a) |
2,630,000 | 2,748,350 | ||||||
|
|
|||||||
64,642,540 | ||||||||
|
|
|||||||
Electric 3.6% |
||||||||
Calpine Corp., 5.875%, 01/15/24(a) |
2,540,000 | 2,679,700 | ||||||
Calpine Corp., 6.000%, 01/15/22(a) |
2,400,000 | 2,586,000 | ||||||
Dynegy, Inc., 5.875%, 06/01/23(e) |
10,540,000 | 10,619,050 | ||||||
GenOn Energy, Inc., 9.500%, 10/15/18 |
655,000 | 718,863 | ||||||
GenOn Energy, Inc., 9.875%, 10/15/20 |
12,789,000 | 13,908,037 | ||||||
NRG Energy, Inc., 6.250%, 05/01/24(a) |
5,280,000 | 5,517,600 | ||||||
NRG Energy, Inc., 7.875%, 05/15/21 |
2,155,000 | 2,389,356 | ||||||
|
|
|||||||
38,418,606 | ||||||||
|
|
|||||||
Electrical Components & Equipment 0.2% |
||||||||
GrafTech International Ltd., 6.375%, 11/15/20 |
2,500,000 | 2,575,000 | ||||||
|
|
|||||||
Energy-Alternate Sources 0.5% |
||||||||
First Wind Capital LLC, 10.250%, 06/01/18(a) |
4,775,000 | 5,109,250 | ||||||
|
|
|||||||
Engineering & Construction 0.5% |
||||||||
Aguila 3 SA, 7.875%, 01/31/18(a) |
4,925,000 | 5,195,875 | ||||||
|
|
|||||||
Entertainment 1.6% |
||||||||
Gibson Brands Escrow Corp., 8.875%, 08/01/18(a) |
1,225,000 | 1,260,219 | ||||||
Gibson Brands, Inc., 8.875%, 08/01/18(a) |
2,382,000 | 2,450,482 | ||||||
GLP Capital LP/GLP Financing II, Inc., 4.875%, 11/01/20(a) |
7,430,000 | 7,652,900 | ||||||
Greektown Holdings LLC/Greektown Mothership Corp., 8.875%, 03/15/19(a)(e) |
3,005,000 | 3,065,100 | ||||||
WMG Acquisition Corp., 5.625%, 04/15/22(a) |
2,625,000 | 2,641,406 | ||||||
|
|
|||||||
17,070,107 | ||||||||
|
|
|||||||
Environmental Control 0.9% |
||||||||
Nuverra Environmental Solutions, Inc., 9.875%, 04/15/18(e) |
9,745,000 | 10,134,800 | ||||||
|
|
|||||||
Exploration & Production 0.3% |
||||||||
Jones Energy Holdings/Jones Energy Finance Corp., 6.750%, 04/01/22(a) |
3,165,000 | 3,339,075 | ||||||
|
|
|||||||
Food 3.0% |
||||||||
HJ Heinz Co., 4.250%, 10/15/20 |
13,925,000 | 14,012,031 | ||||||
Post Holdings, Inc., 6.000%, 12/15/22(a)(e) |
3,495,000 | 3,564,900 | ||||||
Post Holdings, Inc., 6.750%, 12/01/21(a) |
7,140,000 | 7,586,250 | ||||||
Post Holdings, Inc., 7.375%, 02/15/22 |
6,230,000 | 6,736,188 | ||||||
|
|
|||||||
31,899,369 | ||||||||
|
|
|||||||
Forest Products & Paper 0.6% |
||||||||
Resolute Forest Products, Inc., 5.875%, 05/15/23 |
6,382,000 | 6,286,270 | ||||||
|
|
|||||||
Gas 0.6% |
||||||||
NGL Energy Partners LP/NGL Energy Finance Corp., 5.125%, 07/15/19(a)(c) |
1,309,000 | 1,312,273 | ||||||
Sabine Pass LNG LP, 6.500%, 11/01/20(e) |
4,875,000 | 5,277,187 | ||||||
|
|
|||||||
6,589,460 | ||||||||
|
|
|||||||
Healthcare - Products 0.9% |
||||||||
Kinetic Concepts, Inc./KCI USA, Inc., 10.500%, 11/01/18 |
4,450,000 | 5,028,500 | ||||||
Physio-Control International, Inc., 9.875%, 01/15/19(a) |
1,887,000 | 2,085,135 | ||||||
Teleflex, Inc., 5.250%, 06/15/24(a) |
2,873,000 | 2,901,730 | ||||||
|
|
|||||||
10,015,365 | ||||||||
|
|
|||||||
Home Builders 0.2% |
||||||||
Brookfield Residential Properties, Inc./Brookfield Residential US Corp., 6.125%, 07/01/22(a) |
2,515,000 | 2,615,600 | ||||||
|
|
See Notes to Schedules of Portfolio Investments.
Household Products/Wares 0.6% |
| |||||||
Century Intermediate Holding Co. 2, PIK, 9.750%, 02/15/19(a) |
1,368,000 | 1,458,630 | ||||||
Reynolds Group Issuer, Inc./Reynolds Group Issuer LLC/Reynolds Group Issuer Luxembourg I SA, 7.875%, 08/15/19 |
4,745,000 | 5,166,119 | ||||||
|
|
|||||||
6,624,749 | ||||||||
|
|
|||||||
Insurance 1.9% |
||||||||
Assured Guaranty Municipal Holdings, Inc., 6.400%, 12/15/66(a)(b) |
2,795,000 | 2,487,550 | ||||||
Assured Guaranty US Holdings, Inc., 5.000%, 07/01/24 |
5,525,000 | 5,492,093 | ||||||
Assured Guaranty US Holdings, Inc., Series A, 6.400%, 12/15/66, Series A(b) |
1,827,000 | 1,716,467 | ||||||
Genworth Financial, Inc., 6.150%, 11/15/66(b) |
2,805,000 | 2,668,256 | ||||||
MBIA, Inc., 6.625%, 10/01/28 |
2,540,000 | 2,590,800 | ||||||
White Mountains Re Group Ltd., 7.506%(a)(b)(d) |
4,970,000 | 5,218,500 | ||||||
|
|
|||||||
20,173,666 | ||||||||
|
|
|||||||
Internet 0.2% |
||||||||
Pacnet Ltd., 9.000%, 12/12/18(a) |
1,600,000 | 1,732,000 | ||||||
|
|
|||||||
Leisure Time 0.3% |
||||||||
Viking Cruises Ltd., 8.500%, 10/15/22(a) |
2,545,000 | 2,812,225 | ||||||
|
|
|||||||
Lodging 1.5% |
||||||||
Caesars Entertainment Resort Properties LLC, 8.000%, 10/01/20(a) |
2,255,000 | 2,356,475 | ||||||
Downstream Development Authority of the Quapaw Tribe of Oklahoma, 10.500%, 07/01/19(a) |
7,255,000 | 7,817,262 | ||||||
Wynn Macau Ltd., 5.250%, 10/15/21(a) |
6,290,000 | 6,462,975 | ||||||
|
|
|||||||
16,636,712 | ||||||||
|
|
|||||||
Media 6.3% |
||||||||
Block Communications, Inc., 7.250%, 02/01/20(a) |
3,260,000 | 3,471,900 | ||||||
CCO Holdings LLC/Cap Corp., 5.125%, 02/15/23 |
2,595,000 | 2,617,706 | ||||||
CCO Holdings LLC/Cap Corp., 5.250%, 09/30/22 |
1,015,000 | 1,030,225 | ||||||
CCO Holdings LLC/Cap Corp., 5.750%, 09/01/23 |
2,485,000 | 2,575,081 | ||||||
CCO Holdings LLC/Cap Corp., 5.750%, 01/15/24 |
7,110,000 | 7,269,975 | ||||||
Columbus International, Inc., 7.375%, 03/30/21(a) |
3,075,000 | 3,313,313 | ||||||
DISH DBS Corp., 5.000%, 03/15/23(f) |
2,625,000 | 2,674,219 | ||||||
DISH DBS Corp., 5.125%, 05/01/20 |
2,455,000 | 2,580,819 | ||||||
DISH DBS Corp., 5.875%, 07/15/22(f) |
5,915,000 | 6,417,775 | ||||||
Lee Enterprises, Inc., 9.500%, 03/15/22(a) |
2,160,000 | 2,305,800 | ||||||
McGraw-Hill Global Education Holdings LLC/McGraw-Hill Global Education Finance, 9.750%, 04/01/21(e) |
2,790,000 | 3,201,525 | ||||||
Nielsen Finance LLC/Neilsen Finance Co., 5.000%, 04/15/22(a) |
4,235,000 | 4,266,762 | ||||||
Numericable Group SA, 6.000%, 05/15/22(a) |
3,830,000 | 3,983,200 | ||||||
Numericable Group SA, 6.250%, 05/15/24(a) |
2,045,000 | 2,134,469 | ||||||
Sirius XM Radio, Inc., 6.000%, 07/15/24(a)(e) |
2,595,000 | 2,698,800 | ||||||
Townsquare Radio LLC/Townsquare Radio, Inc., 9.000%, 04/01/19(a) |
2,920,000 | 3,233,900 | ||||||
Univision Communications, Inc., 5.125%, 05/15/23(a) |
2,590,000 | 2,742,163 | ||||||
Univision Communications, Inc., 6.750%, 09/15/22(a)(f) |
4,830,000 | 5,343,187 | ||||||
VTR Finance BV, 6.875%, 01/15/24(a) |
5,035,000 | 5,406,271 | ||||||
|
|
|||||||
67,267,090 | ||||||||
|
|
|||||||
Mining 2.4% |
||||||||
Constellium, 5.750%, 05/15/24(a) |
1,610,000 | 1,690,500 | ||||||
First Quantum Minerals Ltd., 6.750%, 02/15/20(a) |
4,850,000 | 4,995,500 | ||||||
First Quantum Minerals Ltd., 7.000%, 02/15/21(a) |
4,850,000 | 4,989,438 | ||||||
FMG Resources August 2006 Pty Ltd., 6.875%, 04/01/22(a)(e) |
2,650,000 | 2,842,125 | ||||||
Imperial Metals Corp., 7.000%, 03/15/19(a) |
8,304,000 | 8,521,980 | ||||||
Vulcan Materials Co., 7.500%, 06/15/21 |
2,795,000 | 3,308,581 | ||||||
|
|
|||||||
26,348,124 | ||||||||
|
|
|||||||
Miscellaneous Manufacturer 1.0% |
||||||||
Bombardier, Inc., 6.125%, 01/15/23(a)(e)(f) |
7,720,000 | 7,951,600 | ||||||
Polymer Group, Inc., 7.750%, 02/01/19 |
2,410,000 | 2,560,625 | ||||||
|
|
|||||||
10,512,225 | ||||||||
|
|
See Notes to Schedules of Portfolio Investments.
Oil & Gas 9.2% |
| |||||||
CITGO Petroleum Corp., 11.500%, 07/01/17(a) |
2,410,000 | 2,554,600 | ||||||
EnQuest PLC, 7.000%, 04/15/22(a) |
3,900,000 | 4,026,750 | ||||||
Hercules Offshore, Inc., 7.500%, 10/01/21(a)(e) |
2,580,000 | 2,560,650 | ||||||
Hilcorp Energy I LP/Hilcorp Finance Co., 5.000%, 12/01/24(a)(c) |
5,000,000 | 5,000,000 | ||||||
KCA Deutag UK Finance PLC, 7.250%, 05/15/21(a) |
2,670,000 | 2,763,450 | ||||||
Linn Energy LLC/Finance Corp., 6.500%, 05/15/19 |
3,750,000 | 3,956,250 | ||||||
Linn Energy LLC/Finance Corp., 8.625%, 04/15/20 |
3,540,000 | 3,823,200 | ||||||
MEG Energy Corp., 6.375%, 01/30/23(a) |
7,395,000 | 7,857,187 | ||||||
MEG Energy Corp., 7.000%, 03/31/24(a) |
7,535,000 | 8,307,337 | ||||||
North Atlantic Drilling Ltd., 6.250%, 02/01/19(a) |
10,650,000 | 10,516,875 | ||||||
Oasis Petroleum, Inc., 6.875%, 01/15/23 |
2,860,000 | 3,117,400 | ||||||
Offshore Drilling Holding SA, 8.375%, 09/20/20(a) |
5,675,000 | 6,285,062 | ||||||
PetroQuest Energy, Inc., 10.000%, 09/01/17 |
2,470,000 | 2,606,097 | ||||||
Precision Drilling Corp., 5.250%, 11/15/24(a) |
2,967,000 | 2,981,835 | ||||||
Range Resources Corp., 5.000%, 03/15/23 |
7,550,000 | 8,040,750 | ||||||
Rex Energy Corp., 8.875%, 12/01/20 |
3,721,000 | 4,130,310 | ||||||
Sanchez Energy Corp., 6.125%, 01/15/23(a) |
2,235,000 | 2,307,638 | ||||||
SandRidge Energy, Inc., 7.500%, 03/15/21(f) |
2,990,000 | 3,240,413 | ||||||
SandRidge Energy, Inc., 8.125%, 10/15/22 |
2,150,000 | 2,367,688 | ||||||
Seadrill Ltd., 6.125%, 09/15/17(a) |
3,420,000 | 3,599,550 | ||||||
Seventy Seven Energy, Inc., 6.500%, 07/15/22(a) |
1,388,000 | 1,422,700 | ||||||
United Refining Co., 10.500%, 02/28/18 |
7,119,000 | 7,777,507 | ||||||
|
|
|||||||
99,243,249 | ||||||||
|
|
|||||||
Oil & Gas Services 0.9% |
||||||||
Forum Energy Technologies, Inc., 6.250%, 10/01/21(a) |
3,012,000 | 3,192,720 | ||||||
Hornbeck Offshore Services, Inc., 5.000%, 03/01/21 |
6,455,000 | 6,438,863 | ||||||
|
|
|||||||
9,631,583 | ||||||||
|
|
|||||||
Pharmaceuticals 1.7% |
||||||||
Catamaran Corp., 4.750%, 03/15/21 |
4,855,000 | 4,903,550 | ||||||
Grifols Worldwide Operations Ltd., 5.250%, 04/01/22(a) |
5,155,000 | 5,348,312 | ||||||
Valeant Pharmaceuticals International, 7.000%, 10/01/20(a) |
3,900,000 | 4,143,750 | ||||||
Valeant Pharmaceuticals International, Inc., 7.500%, 07/15/21(a) |
3,515,000 | 3,892,863 | ||||||
|
|
|||||||
18,288,475 | ||||||||
|
|
|||||||
Pipelines 2.9% |
||||||||
Access Midstream Partners LP/ACMP Finance Corp., 5.875%, 04/15/21 |
2,845,000 | 3,044,150 | ||||||
Crestwood Midstream Partners LP/Crestwood Midstream Finance Corp., 6.125%, 03/01/22(a) |
5,065,000 | 5,330,912 | ||||||
Energy Transfer Equity LP, 5.875%, 01/15/24(a) |
2,675,000 | 2,795,375 | ||||||
MarkWest Energy Partners LP/MarkWest Energy Finance Corp., 5.500%, 02/15/23 |
2,035,000 | 2,167,275 | ||||||
Regency Energy Partners LP/Regency Energy Finance Corp., 5.875%, 03/01/22 |
3,014,000 | 3,273,958 | ||||||
Sabine Pass Liquefaction LLC, 5.625%, 02/01/21 |
10,085,000 | 10,664,887 | ||||||
Southern Star Central Corp., 5.125%, 07/15/22(a) |
1,420,000 | 1,430,650 | ||||||
Targa Resources Partners LP/Targa Resources Partners Finance Corp., 5.250%, 05/01/23 |
2,064,000 | 2,156,880 | ||||||
|
|
|||||||
30,864,087 | ||||||||
|
|
|||||||
Real Estate 1.6% |
||||||||
CBRE Services, Inc., 5.000%, 03/15/23 |
4,935,000 | 4,984,350 | ||||||
Forestar USA Real Estate Group, Inc., 8.500%, 06/01/22(a) |
1,231,000 | 1,274,085 | ||||||
Howard Hughes Corp., 6.875%, 10/01/21(a) |
9,800,000 | 10,486,000 | ||||||
|
|
|||||||
16,744,435 | ||||||||
|
|
|||||||
Real Estate Investment Trust 1.0% |
||||||||
CTR Partnership LP/CareTrust Capital Corp., 5.875%, 06/01/21(a) |
1,238,000 | 1,247,285 | ||||||
iStar Financial, Inc., 4.000%, 11/01/17 |
3,695,000 | 3,708,856 |
See Notes to Schedules of Portfolio Investments.
iStar Financial, Inc., 5.000%, 07/01/19 |
2,930,000 | 2,930,000 | ||||||
MPT Operating Partnership LP/MPT Finance Corp., 5.500%, 05/01/24 |
2,495,000 | 2,563,613 | ||||||
|
|
|||||||
10,449,754 | ||||||||
|
|
|||||||
Retail 2.3% |
||||||||
Group 1 Automotive, Inc., 5.000%, 06/01/22(a) |
2,815,000 | 2,815,000 | ||||||
Guitar Center, Inc., 6.500%, 04/15/19(a)(e) |
1,653,000 | 1,636,470 | ||||||
Limited Brands, Inc., 6.625%, 04/01/21 |
2,375,000 | 2,698,594 | ||||||
Sears Holdings Corp., 6.625%, 10/15/18(e) |
15,815,000 | 14,569,568 | ||||||
Toys R US-Delaware, Inc., 7.375%, 09/01/16(a)(e) |
3,465,000 | 3,187,800 | ||||||
|
|
|||||||
24,907,432 | ||||||||
|
|
|||||||
Semiconductors 1.0% |
||||||||
Advanced Micro Devices, Inc., 7.000%, 07/01/24(a) |
2,450,000 | 2,502,063 | ||||||
Micron Technology, Inc., 5.875%, 02/15/22(a)(e) |
7,325,000 | 7,856,062 | ||||||
|
|
|||||||
10,358,125 | ||||||||
|
|
|||||||
Software 1.3% |
||||||||
Activision Blizzard, Inc., 5.625%, 09/15/21(a) |
9,810,000 | 10,570,275 | ||||||
Audatex North America, Inc., 6.000%, 06/15/21(a) |
3,190,000 | 3,405,325 | ||||||
Audatex North America, Inc., 6.125%, 11/01/23(a) |
345,000 | 368,288 | ||||||
|
|
|||||||
14,343,888 | ||||||||
|
|
|||||||
Telecommunication Services 11.7% |
||||||||
Altice Financing SA, 6.500%, 01/15/22(a) |
8,150,000 | 8,679,750 | ||||||
Altice SA, 7.750%, 05/15/22(a) |
3,185,000 | 3,399,988 | ||||||
Avanti Communications Group PLC, 10.000%, 10/01/19(a) |
10,115,000 | 10,721,900 | ||||||
Avaya, Inc., 7.000%, 04/01/19(a)(e) |
2,665,000 | 2,665,000 | ||||||
Avaya, Inc., 9.000%, 04/01/19(a) |
2,565,000 | 2,664,394 | ||||||
B Communications Ltd., 7.375%, 02/15/21(a) |
11,145,000 | 11,980,875 | ||||||
CenturyLink, Inc., Series V, 5.625%, 04/01/20 |
2,075,000 | 2,189,125 | ||||||
DigitalGlobe, Inc., 5.250%, 02/01/21(e) |
2,685,000 | 2,658,150 | ||||||
Level 3 Financing, Inc., 6.125%, 01/15/21(a) |
7,000,000 | 7,498,750 | ||||||
Level 3 Financing, Inc., 8.625%, 07/15/20 |
6,990,000 | 7,828,800 | ||||||
NII International Telecom SCA., 11.375%, 08/15/19(a)(e) |
6,700,000 | 5,929,500 | ||||||
Softbank Corp., 4.500%, 04/15/20(a) |
2,610,000 | 2,652,413 | ||||||
Sprint Capital Corp., 6.875%, 11/15/28(f) |
7,885,000 | 7,963,850 | ||||||
Sprint Capital Corp., 8.750%, 03/15/32(f) |
2,270,000 | 2,621,850 | ||||||
Sprint Corp., 7.875%, 09/15/23(a) |
5,020,000 | 5,584,750 | ||||||
T-Mobile USA, Inc., 6.250%, 04/01/21 |
4,980,000 | 5,291,250 | ||||||
T-Mobile USA, Inc., 6.542%, 04/28/20 |
4,800,000 | 5,184,000 | ||||||
T-Mobile USA, Inc., 6.633%, 04/28/21 |
4,865,000 | 5,266,362 | ||||||
Tw telecom holdings, Inc., 5.375%, 10/01/22 |
3,855,000 | 4,216,406 | ||||||
ViaSat, Inc., 6.875%, 06/15/20 |
7,260,000 | 7,822,650 | ||||||
Wind Acquisition Finance SA, 7.250%, 02/15/18(a) |
4,805,000 | 5,076,482 | ||||||
Wind Acquisition Finance SA, 7.375%, 04/23/21(a) |
6,885,000 | 7,349,737 | ||||||
|
|
|||||||
125,245,982 | ||||||||
|
|
|||||||
Transportation 2.4% |
||||||||
CHC Helicopter SA, 9.250%, 10/15/20(f) |
4,855,500 | 5,292,495 | ||||||
Eletson Holdings, 9.625%, 01/15/22(a)(e) |
4,865,000 | 5,217,712 | ||||||
Florida East Coast Holdings Corp., 6.750%, 05/01/19(a) |
3,035,000 | 3,205,719 | ||||||
Navios Maritime Acquisition Corp./Navios Acquisition Finance US, Inc., 8.125%, 11/15/21(a) |
3,069,000 | 3,207,105 | ||||||
Navios Maritime Holdings, Inc./Navios Maritime Finance II US, Inc., 7.375%, 01/15/22(a)(e) |
3,520,000 | 3,625,600 | ||||||
Navios South American Logistics, Inc./Navios Logistics Finance US, Inc., 7.250%, 05/01/22(a)(e) |
2,433,000 | 2,530,320 | ||||||
Topaz Marine SA, 8.625%, 11/01/18(a)(e) |
2,905,000 | 3,130,138 | ||||||
|
|
|||||||
26,209,089 | ||||||||
|
|
See Notes to Schedules of Portfolio Investments.
Trucking & Leasing 0.2% |
| |||||||
Flexi-Van Leasing, Inc., 7.875%, 08/15/18(a) |
1,600,000 | 1,728,000 | ||||||
|
|
|||||||
Total Corporate Bonds (Cost $848,367,430) |
|
895,845,256 | ||||||
|
|
|||||||
Short-Term Investment 8.5% |
||||||||
RidgeWorth Funds Securities Lending Joint Account(g) |
91,073,418 | 91,073,418 | ||||||
|
|
|||||||
Total Short-Term Investment (Cost $91,073,418) |
|
91,073,418 | ||||||
|
|
|||||||
Money Market Fund 10.4% |
||||||||
State Street Institutional Treasury Money Market Fund, Institutional Class, 0.00%(h) |
111,535,433 | 111,535,433 | ||||||
|
|
|||||||
Total Money Market Fund (Cost $111,535,433) |
|
111,535,433 | ||||||
|
|
|||||||
Total Investments (Cost $1,109,728,712) 107.8% |
1,157,026,943 | |||||||
Liabilities in Excess of Other Assets (7.8)% |
(83,631,315 | ) | ||||||
|
|
|||||||
Net Assets 100.0% |
$ | 1,073,395,628 | ||||||
|
|
(a) | Rule 144A, Section 4(2) or other security which is restricted as to resale to institutional investors. The Funds investment adviser/subadviser has deemed this security to be liquid based upon procedures approved by the Board of Trustees. These securities represent 55.5% of net assets as of June 30, 2014. |
(b) | Variable or floating rate security. Rate disclosed is as of June 30, 2014. |
(c) | All or a portion of this security has been purchased on a when-issued or delayed-delivery basis. |
(d) | Perpetual maturity. |
(e) | The security or a partial position of the security was on loan as of June 30, 2014. The total value of securities on loan as of June 30, 2014 was $89,142,873. |
(f) | All or a portion of this security has been segregated, or otherwise earmarked, in connection with obligations for when-issued or delayed-delivery purchase commitments. |
(g) | Purchased with cash collateral held from securities lending. The value of the collateral could include collateral held for securities that were sold on or before June 30, 2014 (See Note 2(i)). |
(h) | Rate disclosed, the 7 day net yield, is as of June 30, 2014. |
Investment Abbreviations
MTN |
Medium Term Note | |
PIK |
Payment in-kind |
See Notes to Schedules of Portfolio Investments.
SCHEDULES OF PORTFOLIO INVESTMENTS
RIDGEWORTH FUNDS June 30, 2014
(Unaudited)
Short-Term Bond Fund
Shares or Principal Amount($) |
Value($) | |||||||
Asset-Backed Securities 10.2% |
||||||||
Automobiles 5.8% |
||||||||
AmeriCredit Automobile Receivables Trust, Series 2014-2, Cl A2A, 0.540%, 10/10/17 |
295,000 | 295,010 | ||||||
California Republic Auto Receivables Trust, Series 2014-1, Cl A3, 0.850%, 05/15/18 |
235,000 | 235,034 | ||||||
Ford Credit Auto Owner Trust, Series 2014-A, Cl A3, 0.790%, 05/15/18 |
610,000 | 611,363 | ||||||
Honda Auto Receivables Owner Trust, Series 2011-3, Cl A4, 1.170%, 12/21/17 |
500,000 | 502,057 | ||||||
Honda Auto Receivables Owner Trust, Series 2013-2, Cl A3, 0.530%, 02/16/17 |
700,000 | 700,829 | ||||||
|
|
|||||||
2,344,293 | ||||||||
|
|
|||||||
Credit Card 3.3% |
||||||||
BA Credit Card Trust, Series 2014-A2, Cl A, 0.422%, 09/16/19(a) |
430,000 | 430,364 | ||||||
Capital One Multi-Asset Execution Trust, Series 2013-A3, Cl A3, 0.960%, 09/16/19 |
370,000 | 370,046 | ||||||
Chase Issuance Trust, Series 2014-A1, Cl A1, 1.150%, 01/15/19 |
515,000 | 516,510 | ||||||
|
|
|||||||
1,316,920 | ||||||||
|
|
|||||||
Other 0.3% |
||||||||
FPL Recovery Funding LLC, Series 2007-A, Cl A3, 5.127%, 08/01/17 |
103,788 | 106,149 | ||||||
|
|
|||||||
Student Loan Asset Backed Security 0.8% |
||||||||
SLM Student Loan Trust, Series 2013-5, Cl A1, 0.412%, 05/25/18(a) |
326,128 | 326,151 | ||||||
|
|
|||||||
Total Asset-Backed Securities (Cost $4,088,755) |
|
4,093,513 | ||||||
|
|
|||||||
Collateralized Mortgage Obligations 24.3% |
||||||||
Agency Collateralized Mortgage Obligations 6.7% |
||||||||
Federal National Mortgage Association |
||||||||
Series 2009-37, Cl HA, 4.000%, 04/25/19(b) |
692,847 | 723,034 | ||||||
Series 2011-38, Cl AH, 2.750%, 05/25/20(b) |
1,883,064 | 1,938,277 | ||||||
|
|
|||||||
2,661,311 | ||||||||
|
|
|||||||
Commercial Mortgage Backed Securities 17.6% |
||||||||
Banc of America Commercial Mortgage, Inc. |
||||||||
Series 2005-2, Cl AM, 4.913%, 07/10/43(a)(b) |
605,000 | 626,726 | ||||||
|
|
|||||||
Commercial Mortgage Trust |
||||||||
Series 2005-C6, Cl A5A, 5.116%, 06/10/44(a) |
443,641 | 458,704 | ||||||
Series 2005-C6, Cl AJ, 5.209%, 06/10/44(a) |
335,000 | 347,890 | ||||||
|
|
|||||||
806,594 | ||||||||
|
|
|||||||
Credit Suisse Commercial Mortgage Trust |
||||||||
Series 2006-C3, Cl A3, 5.982%, 06/15/38(a) |
303,409 | 325,837 | ||||||
Series 2006-C5, Cl A3, 5.311%, 12/15/39 |
570,000 | 615,264 | ||||||
|
|
|||||||
941,101 | ||||||||
|
|
|||||||
CS First Boston Mortgage Securities Corp. |
||||||||
Series 2005-C5, Cl AM, 5.100%, 08/15/38(a)(b) |
595,000 | 621,502 | ||||||
|
|
|||||||
Federal National Mortgage Association |
||||||||
Series 2014-M2, Cl ASQ2, 0.478%, 09/25/15 |
246,516 | 246,751 | ||||||
|
|
|||||||
GE Capital Commercial Mortgage Corp. |
||||||||
Series 2005-C3, Cl A7A, 4.974%, 07/10/45(a) |
835,000 | 864,329 | ||||||
|
|
See Notes to Schedules of Portfolio Investments.
JPMorgan Chase Commercial Mortgage Securities Corp. |
| |||||||
Series 2005-LDP3, Cl A4A, 4.936%, 08/15/42(a) |
1,014,061 | 1,047,152 | ||||||
|
|
|||||||
LB-UBS Commercial Mortgage Trust |
||||||||
Series 2006-C7, Cl A3, 5.347%, 11/15/38(b) |
365,000 | 397,649 | ||||||
|
|
|||||||
Morgan Stanley Bank of America Merrill Lynch Trust |
||||||||
Series 2013-C12, Cl A1, 1.313%, 10/15/46 |
591,530 | 593,418 | ||||||
Series 2014-C14, Cl A1, 1.250%, 02/15/47 |
167,888 | 167,831 | ||||||
|
|
|||||||
761,249 | ||||||||
|
|
|||||||
Wachovia Bank Commercial Mortgage Trust |
||||||||
Series 2005-C20, Cl A7, 5.118%, 07/15/42(a) |
338,050 | 349,297 | ||||||
Series 2005-C22, Cl A4, 5.455%, 12/15/44(a) |
385,000 | 403,739 | ||||||
|
|
|||||||
753,036 | ||||||||
|
|
|||||||
7,066,089 | ||||||||
|
|
|||||||
Total Collateralized Mortgage Obligations (Cost $9,600,819) |
|
9,727,400 | ||||||
|
|
|||||||
Corporate Bonds 36.0% |
||||||||
Advertising 0.5% |
||||||||
Omnicom Group, Inc., 5.900%, 04/15/16 |
190,000 | 206,280 | ||||||
|
|
|||||||
Auto Manufacturers 2.8% |
||||||||
Daimler Finance North America LLC, 1.085%, 08/01/18(a)(b)(c) |
295,000 | 298,080 | ||||||
Daimler Finance North America LLC, 1.450%, 08/01/16(b)(c) |
440,000 | 444,845 | ||||||
Kia Motors Corp., 3.625%, 06/14/16(c) |
160,000 | 167,536 | ||||||
PACCAR Financial Corp., 0.830%, 12/06/18, MTN(a)(b) |
200,000 | 201,834 | ||||||
|
|
|||||||
1,112,295 | ||||||||
|
|
|||||||
Banks 10.7% |
||||||||
Bank of America Corp., 3.625%, 03/17/16, MTN |
500,000 | 522,251 | ||||||
Bank of Montreal, 2.500%, 01/11/17, MTN |
320,000 | 332,890 | ||||||
Bank of Nova Scotia, 0.428%, 02/19/15 |
280,000 | 280,343 | ||||||
Capital One Financial Corp., 6.750%, 09/15/17 |
175,000 | 203,414 | ||||||
Citigroup, Inc., 1.350%, 03/10/17 |
325,000 | 324,814 | ||||||
Fifth Third Bank, 0.900%, 02/26/16 |
215,000 | 215,553 | ||||||
Goldman Sachs Group, Inc. (The), 5.950%, 01/18/18 |
470,000 | 533,944 | ||||||
JPMorgan Chase & Co., 6.125%, 06/27/17 |
335,000 | 377,248 | ||||||
Morgan Stanley, 5.375%, 10/15/15 |
270,000 | 285,892 | ||||||
PNC Funding Corp., 2.700%, 09/19/16 |
290,000 | 301,150 | ||||||
Toronto-Dominion Bank (The), 1.125%, 05/02/17, MTN |
325,000 | 325,030 | ||||||
Wells Fargo & Co., 1.250%, 07/20/16 |
560,000 | 564,834 | ||||||
|
|
|||||||
4,267,363 | ||||||||
|
|
|||||||
Biotechnology 0.5% |
||||||||
Gilead Sciences, Inc., 2.400%, 12/01/14 |
210,000 | 211,706 | ||||||
|
|
|||||||
Commercial Services 0.8% |
||||||||
ERAC USA Finance LLC, 1.400%, 04/15/16(c) |
335,000 | 337,576 | ||||||
|
|
|||||||
Computers 0.5% |
||||||||
Hewlett-Packard Co., 3.000%, 09/15/16 |
200,000 | 208,271 | ||||||
|
|
|||||||
Distribution/Wholesale 0.4% |
||||||||
Glencore Funding LLC, 1.387%, 05/27/16(a)(c) |
140,000 | 140,847 | ||||||
|
|
|||||||
Diversified Financial Services 4.0% |
||||||||
American Express Credit Corp., 1.300%, 07/29/16 |
550,000 | 554,575 | ||||||
Ford Motor Credit Co. LLC, 5.000%, 05/15/18 |
140,000 | 155,743 | ||||||
General Electric Capital Corp., 2.450%, 03/15/17, MTN |
460,000 | 476,079 |
See Notes to Schedules of Portfolio Investments.
Hyundai Capital America, 1.875%, 08/09/16(c) |
200,000 | 202,943 | ||||||
Woodside Finance Ltd., 4.500%, 11/10/14(c) |
220,000 | 223,039 | ||||||
|
|
|||||||
1,612,379 | ||||||||
|
|
|||||||
Electric 2.6% |
||||||||
Constellation Energy Group, Inc., 4.550%, 06/15/15 |
190,000 | 196,986 | ||||||
Duke Energy Corp., 0.611%, 04/03/17(a) |
85,000 | 85,255 | ||||||
Duke Energy Corp., 3.350%, 04/01/15 |
135,000 | 138,048 | ||||||
NextEra Energy Capital Holdings, Inc., 2.600%, 09/01/15 |
155,000 | 158,362 | ||||||
Nisource Finance Corp., 5.400%, 07/15/14 |
290,000 | 290,522 | ||||||
PSEG Power LLC, 2.750%, 09/15/16 |
160,000 | 166,104 | ||||||
|
|
|||||||
1,035,277 | ||||||||
|
|
|||||||
Electronics 0.4% |
||||||||
Amphenol Corp., 4.750%, 11/15/14 |
170,000 | 172,615 | ||||||
|
|
|||||||
Healthcare - Services 2.3% |
||||||||
Aetna, Inc., 1.750%, 05/15/17 |
210,000 | 212,796 | ||||||
Providence Health & Services - Washington, 1.035%, 10/01/16(a)(b) |
495,000 | 492,719 | ||||||
UnitedHealth Group, Inc., 1.875%, 11/15/16 |
210,000 | 214,966 | ||||||
|
|
|||||||
920,481 | ||||||||
|
|
|||||||
Housewares 0.5% |
||||||||
Newell Rubbermaid, Inc., 2.050%, 12/01/17(b) |
210,000 | 212,287 | ||||||
|
|
|||||||
Information Technology 1.0% |
||||||||
Oracle Corp., 1.000%, 07/07/17(d) |
410,000 | 410,000 | ||||||
|
|
|||||||
Insurance 2.6% |
||||||||
MetLife, Inc., 6.750%, 06/01/16 |
480,000 | 533,407 | ||||||
Prudential Covered Trust, 2.997%, 09/30/15(c) |
496,000 | 508,063 | ||||||
|
|
|||||||
1,041,470 | ||||||||
|
|
|||||||
Machinery-Construction & Mining 1.2% |
||||||||
Caterpillar Financial Services Corp., 1.000%, 03/03/17, MTN |
475,000 | 475,228 | ||||||
|
|
|||||||
Media 0.4% |
||||||||
CBS Corp., 4.625%, 05/15/18 |
160,000 | 175,187 | ||||||
|
|
|||||||
Mining 0.4% |
||||||||
Freeport-McMoRan Copper & Gold, Inc., 2.375%, 03/15/18 |
160,000 | 162,385 | ||||||
|
|
|||||||
Oil & Gas 2.0% |
||||||||
BP Capital Markets PLC, 3.200%, 03/11/16 |
195,000 | 203,618 | ||||||
Devon Energy Corp., 1.875%, 05/15/17 |
195,000 | 198,368 | ||||||
Marathon Oil Corp., 0.900%, 11/01/15 |
150,000 | 150,527 | ||||||
Petrohawk Energy Corp., 7.250%, 08/15/18 |
245,000 | 256,025 | ||||||
|
|
|||||||
808,538 | ||||||||
|
|
|||||||
Pharmaceuticals 0.2% |
||||||||
McKesson Corp., 1.292%, 03/10/17 |
75,000 | 75,198 | ||||||
|
|
|||||||
Pipelines 0.9% |
||||||||
Enbridge, Inc., 0.885%, 10/01/16(a)(b) |
110,000 | 110,612 | ||||||
Kinder Morgan Energy Partners LP, 3.500%, 03/01/16 |
220,000 | 229,072 | ||||||
|
|
|||||||
339,684 | ||||||||
|
|
|||||||
Software 0.5% |
||||||||
Fiserv, Inc., 3.125%, 10/01/15 |
200,000 | 205,747 | ||||||
|
|
See Notes to Schedules of Portfolio Investments.
Telecommunication Services 0.8% |
| |||||||
American Tower Corp., 4.500%, 01/15/18 |
135,000 | 147,095 | ||||||
Verizon Communications, Inc., 2.500%, 09/15/16 |
160,000 | 164,919 | ||||||
|
|
|||||||
312,014 | ||||||||
|
|
|||||||
Total Corporate Bonds (Cost $14,356,739) |
|
14,442,828 | ||||||
|
|
|||||||
Municipal Bonds 3.1% |
||||||||
New Jersey 1.3% |
||||||||
New Jersey Economic Development Authority, Series Q, RB, 1.096%, 06/15/16 |
530,000 | 529,232 | ||||||
|
|
|||||||
South Carolina 1.8% |
||||||||
South Carolina State Public Service Authority, Series D, RB, 1.251%, 06/01/16(a) |
725,000 | 729,299 | ||||||
|
|
|||||||
Total Municipal Bonds (Cost $1,255,315) |
|
1,258,531 | ||||||
|
|
|||||||
U.S. Government Agency Mortgages 5.1% |
||||||||
Federal National Mortgage Association |
||||||||
Pool #462085, 5.315%, 11/01/15 |
1,611,819 | 1,681,230 | ||||||
Pool #745935, 5.681%, 08/01/16 |
316,415 | 339,907 | ||||||
|
|
|||||||
Total U.S. Government Agency Mortgages (Cost $1,988,572) |
|
2,021,137 | ||||||
|
|
|||||||
U.S. Treasury Obligation 17.7% |
||||||||
U.S. Treasury Note 17.7% |
||||||||
1.000%, 03/31/17 |
7,051,000 | 7,092,869 | ||||||
|
|
|||||||
Total U.S. Treasury Obligation (Cost $7,094,082) |
|
7,092,869 | ||||||
|
|
|||||||
Money Market Fund 3.9% |
||||||||
State Street Institutional U.S. Government Money Market Fund, Institutional Class, 0.00%(e) |
1,574,139 | 1,574,139 | ||||||
|
|
|||||||
Total Money Market Fund (Cost $1,574,139) |
|
1,574,139 | ||||||
|
|
|||||||
Total Investments (Cost $39,958,421) 100.3% |
40,210,417 | |||||||
Liabilities in Excess of Other Assets (0.3)% |
(122,390 | ) | ||||||
|
|
|||||||
Net Assets 100.0% |
$ | 40,088,027 | ||||||
|
|
(a) | Variable or floating rate security. Rate disclosed is as of June 30, 2014. |
(b) | All or a portion of this security has been segregated, or otherwise earmarked, in connection with obligations for when-issued or delayed-delivery purchase commitments. |
(c) | Rule 144A, Section 4(2) or other security which is restricted as to resale to institutional investors. The Funds investment adviser/subadviser has deemed this security to be liquid based upon procedures approved by the Board of Trustees. These securities represent 5.8% of net assets as of June 30, 2014. |
(d) | All or a portion of this security has been purchased on a when-issued or delayed-delivery basis. |
(e) | Rate disclosed, the 7 day net yield, is as of June 30, 2014. |
Investment Abbreviations
MTN | Medium Term Note | |
RB | Revenue Bond |
See Notes to Schedules of Portfolio Investments.
SCHEDULES OF PORTFOLIO INVESTMENTS
RIDGEWORTH FUNDS June 30, 2014
(Unaudited)
Short-Term Municipal Bond Fund
Shares or Principal Amount($) |
Value($) | |||||||
Municipal Bonds 95.8% |
||||||||
California 7.3% |
||||||||
Los Angeles County Regional Financing Authority, Series B-1, RB, 3.000%, 11/15/21, CA MTG INS |
1,500,000 | 1,525,890 | ||||||
San Diego County Regional Airport Authority, RB, 2.537%, 07/01/18 |
300,000 | 301,218 | ||||||
South Orange County Public Financing Authority, Series A, 5.000%, 08/15/20(a) |
500,000 | 590,580 | ||||||
South Orange County Public Financing Authority, Series A, 5.000%, 08/15/21 |
400,000 | 472,520 | ||||||
|
|
|||||||
2,890,208 | ||||||||
|
|
|||||||
District of Columbia 5.2% |
||||||||
Metropolitan Washington D.C. Airports Authority, Airport System, Series A, AMT, RB, 5.000%, 10/01/19(b) |
1,750,000 | 2,037,508 | ||||||
|
|
|||||||
Florida 5.8% |
||||||||
Florida State, Series A, GO, 5.000%, 06/01/18 |
1,000,000 | 1,157,120 | ||||||
Polk County Public Facilities, RB, 4.000%, 12/01/20 |
225,000 | 251,798 | ||||||
Polk County Public Facilities, RB, 5.000%, 12/01/17 |
475,000 | 540,483 | ||||||
Polk County Public Facilities, RB, 5.000%, 12/01/19 |
300,000 | 352,086 | ||||||
|
|
|||||||
2,301,487 | ||||||||
|
|
|||||||
Hawaii 1.1% |
||||||||
Hawaii State, GO, 5.000%, 05/01/15 |
400,000 | 416,248 | ||||||
|
|
|||||||
Illinois 13.2% |
||||||||
Chicago, Series A, GO, 4.000%, 01/01/20 |
1,225,000 | 1,313,053 | ||||||
Chicago Public Building Commission, RB, 5.250%, 12/01/18, NATL-RE |
1,500,000 | 1,701,660 | ||||||
Illinois State, GO, 4.000%, 02/01/18 |
1,000,000 | 1,085,290 | ||||||
Illinois State, GO, 5.000%, 02/01/20 |
1,000,000 | 1,125,660 | ||||||
|
|
|||||||
5,225,663 | ||||||||
|
|
|||||||
Maryland 5.4% |
||||||||
Harford County, GO, 5.000%, 07/01/15 |
1,500,000 | 1,573,185 | ||||||
Maryland State Transportation Authority, Transportation Facilities Project, RB, 5.000%, 07/01/23(a) |
500,000 | 569,820 | ||||||
|
|
|||||||
2,143,005 | ||||||||
|
|
|||||||
Massachusetts 2.7% |
||||||||
Massachusetts School Building Authority, Series A, RB, 5.000%, 08/15/30, Pre-refunded 08/15/2015 @ 100, AGM |
1,000,000 | 1,054,410 | ||||||
|
|
|||||||
Michigan 4.3% |
||||||||
University of Michigan, Series A, RB, 0.010%, 04/01/38(a)(c) |
1,700,000 | 1,700,000 | ||||||
|
|
|||||||
Mississippi 2.1% |
||||||||
Mississippi Development Bank, RB, 5.000%, 11/01/20, Pre-refunded 11/01/2014 @ 100, AMBAC |
815,000 | 828,293 | ||||||
|
|
|||||||
New Jersey 6.8% |
||||||||
New Jersey Economic Development Authority, Series O, RB, 5.250%, 03/01/25, Pre-refunded 03/01/2015 @ 100(a) |
1,500,000 | 1,550,715 | ||||||
New Jersey Economic Development Authority, Series PP, RB, 5.000%, 06/15/18 |
1,000,000 | 1,132,460 | ||||||
|
|
|||||||
2,683,175 | ||||||||
|
|
See Notes to Schedules of Portfolio Investments.
New York 6.6% |
| |||||||
New York City Transitional Finance Authority Future Tax Secured Revenue, RB, 5.000%, 11/01/15 |
1,000,000 | 1,064,710 | ||||||
New York State Dormitory Authority, Series A, RB, 5.000%, 03/15/15 |
400,000 | 413,788 | ||||||
Tobacco Settlement Financing Corp., Series B, RB, 5.000%, 06/01/22 |
1,000,000 | 1,116,350 | ||||||
|
|
|||||||
2,594,848 | ||||||||
|
|
|||||||
Oklahoma 5.6% |
||||||||
Oklahoma Capital Improvement Authority, RB, 0.070%, 07/01/31(c) |
1,790,000 | 1,790,000 | ||||||
Oklahoma City, GO, 4.000%, 03/01/15 |
400,000 | 410,400 | ||||||
|
|
|||||||
2,200,400 | ||||||||
|
|
|||||||
Texas 18.1% |
||||||||
City Public Service Board of San Antonio, RB, 4.000%, 02/01/15(a) |
1,000,000 | 1,022,720 | ||||||
New Hope Cultural Education Facilities Financing Corp., Student Housing Corp., Series A, RB, 4.000%, 04/01/17, AGM |
200,000 | 215,372 | ||||||
New Hope Cultural Education Facilities Financing Corp., Student Housing Corp., Series A, RB, 4.000%, 04/01/18, AGM |
200,000 | 217,034 | ||||||
New Hope Cultural Education Facilities Financing Corp., Student Housing Corp., Series A, RB, 4.000%, 04/01/20, AGM |
325,000 | 353,645 | ||||||
Northside Independent School District, Series A, GO, 2.000%, 06/01/39, PSF-GTD(c) |
1,000,000 | 1,018,130 | ||||||
Texas Public Finance Authority, Series B, RB, 4.000%, 01/01/18 |
3,000,000 | 3,209,160 | ||||||
Texas State, GO, 4.000%, 10/01/17(b) |
1,000,000 | 1,106,950 | ||||||
|
|
|||||||
7,143,011 | ||||||||
|
|
|||||||
Virginia 3.1% |
||||||||
Virginia Commonwealth Transportation Board, RB, 5.000%, 03/15/15 |
1,200,000 | 1,241,232 | ||||||
|
|
|||||||
Washington 5.9% |
||||||||
Energy Northwest, Series A, RB, 5.000%, 07/01/18 |
1,000,000 | 1,158,270 | ||||||
Washington State, Series R-2015 A, GO, 5.000%, 07/01/18(b) |
1,000,000 | 1,154,750 | ||||||
|
|
|||||||
2,313,020 | ||||||||
|
|
|||||||
West Virginia 2.6% |
||||||||
West Virginia State, 5.000%, 11/01/14, NATL-RE(a) |
1,000,000 | 1,016,440 | ||||||
|
|
|||||||
Total Municipal Bonds (Cost $37,610,504) |
|
37,788,948 | ||||||
|
|
|||||||
Money Market Fund 11.8% |
||||||||
Federated Tax-Free Obligations Fund, Institutional Shares, 0.01%(d) |
4,635,108 | 4,635,108 | ||||||
|
|
|||||||
Total Money Market Fund (Cost $4,635,108) |
|
4,635,108 | ||||||
|
|
|||||||
Total Investments (Cost $42,245,612) 107.6% |
42,424,056 | |||||||
Liabilities in Excess of Other Assets (7.6)% |
(3,001,487 | ) | ||||||
|
|
|||||||
Net Assets 100.0% |
$ | 39,422,569 | ||||||
|
|
(a) | All or a portion of this security has been segregated, or otherwise earmarked, in connection with obligations for when-issued or delayed-delivery purchase commitments. |
(b) | All or a portion of this security has been purchased on a when-issued or delayed-delivery basis. |
(c) | Variable or floating rate security. Rate disclosed is as of June 30, 2014. |
(d) | Rate disclosed, the 7 day net yield, is as of June 30, 2014. |
Investment Abbreviations
AGM | Security guaranteed by Assured Guaranty Municipal Corporation | |
AMBAC | Security guaranteed by American Municipal Bond Assurance Corporation | |
AMT | Income subject to Alternative Minimum Tax | |
CA MTG INS | California Mortgage Insurance | |
GO | General Obligation | |
NATL-RE | Reinsurance provided by National Public Finance Guarantee Corporation | |
PSF-GTD | Security guaranteed by Permanent School Fund Guarantee Program | |
RB | Revenue Bond |
See Notes to Schedules of Portfolio Investments.
SCHEDULES OF PORTFOLIO INVESTMENTS
RIDGEWORTH FUNDS June 30, 2014
(Unaudited)
Short-Term U.S. Treasury Securities Fund
Shares or Principal Amount($) |
Value($) | |||||||
U.S. Treasury Obligations 98.8% |
||||||||
U.S. Treasury Bill 2.3% |
||||||||
0.000%, 04/30/15 |
200,000 | 199,886 | ||||||
|
|
|||||||
U.S. Treasury Notes 96.5% |
||||||||
2.375%, 02/28/15 |
120,000 | 121,814 | ||||||
2.500%, 04/30/15 |
2,905,000 | 2,962,987 | ||||||
0.375%, 03/31/16 |
2,470,000 | 2,470,482 | ||||||
1.000%, 08/31/16 |
910,000 | 919,384 | ||||||
0.875%, 12/31/16 |
910,000 | 914,763 | ||||||
0.750%, 06/30/17 |
1,175,000 | 1,170,227 | ||||||
|
|
|||||||
8,559,657 | ||||||||
|
|
|||||||
Total U.S. Treasury Obligations (Cost $8,739,023) |
|
8,759,543 | ||||||
|
|
|||||||
Money Market Fund 0.5% |
||||||||
State Street Institutional Treasury Money Market Fund, Institutional Class, 0.00%(a) |
43,634 | 43,634 | ||||||
|
|
|||||||
Total Money Market Fund (Cost $43,634) |
|
43,634 | ||||||
|
|
|||||||
Total Investments (Cost $8,782,657) 99.3% |
8,803,177 | |||||||
Other Assets in Excess of Liabilities 0.7% |
66,346 | |||||||
|
|
|||||||
Net Assets 100.0% |
$ | 8,869,523 | ||||||
|
|
(a) | Rate disclosed, the 7 day net yield, is as of June 30, 2014. |
See Notes to Schedules of Portfolio Investments.
SCHEDULES OF PORTFOLIO INVESTMENTS
RIDGEWORTH FUNDS June 30, 2014
(Unaudited)
Total Return Bond Fund
Shares or Principal Amount($) |
Value($) | |||||||
Asset-Backed Securities 2.8% |
||||||||
Credit Card 2.1% |
||||||||
American Express Credit Account Master Trust, Series 2014-2, Cl A, 1.260%, 01/15/20(a) |
2,645,000 | 2,644,947 | ||||||
Barclays Dryrock Issuance Trust, Series 2014-2, Cl A, 0.491%, 03/16/20(b) |
3,960,000 | 3,960,000 | ||||||
Cabelas Master Credit Card Trust, Series 2014-1, Cl A, 0.502%, 03/16/20(b) |
1,926,000 | 1,927,067 | ||||||
Capital One Multi-Asset Execution Trust, Series 2006-B1, Cl B1, 0.432%, 01/15/19(b) |
2,624,000 | 2,611,799 | ||||||
Chase Issuance Trust, Series 2014-A1, Cl A1, 1.150%, 01/15/19 |
9,435,000 | 9,462,654 | ||||||
|
|
|||||||
20,606,467 | ||||||||
|
|
|||||||
Other 0.7% |
||||||||
Dominos Pizza Master Issuer LLC, Series 2012-1A, Cl A2, 5.216%, 01/25/42(c) |
6,976,325 | 7,496,912 | ||||||
|
|
|||||||
Total Asset-Backed Securities (Cost $27,756,316) |
|
28,103,379 | ||||||
|
|
|||||||
Collateralized Mortgage Obligations 8.0% |
||||||||
Agency Collateralized Mortgage Obligations 4.0% |
||||||||
Federal Home Loan Mortgage Corporation |
||||||||
Series 3745, Cl AY, REMIC, 4.000%, 10/15/30 |
688,000 | 727,835 | ||||||
Series 3768, Cl CB, 3.500%, 12/15/25 |
2,489,874 | 2,593,791 | ||||||
Series 3800, Cl CB, 3.500%, 02/15/26 |
2,974,000 | 3,095,387 | ||||||
Series 3806, Cl L, 3.500%, 02/15/26 |
6,923,000 | 7,179,802 | ||||||
Series 3816, Cl HA, 3.500%, 11/15/25 |
781,537 | 808,491 | ||||||
Series 3877, Cl LM, 3.500%, 06/15/26 |
1,502,000 | 1,562,391 | ||||||
Series 3909, Cl UB, REMIC, 3.500%, 08/15/26 |
3,156,000 | 3,284,916 | ||||||
Series 3942, Cl KB, 3.000%, 10/15/26 |
4,411,556 | 4,383,124 | ||||||
Series 3978, Cl B, 3.000%, 12/15/26 |
4,636,000 | 4,573,034 | ||||||
Series 4034, Cl B, 3.500%, 04/15/27 |
1,722,521 | 1,775,013 | ||||||
Series 4065, Cl CL, 3.000%, 06/15/27 |
1,983,575 | 1,935,656 | ||||||
Series 4077, Cl B, 3.000%, 07/15/27 |
1,785,283 | 1,741,294 | ||||||
Series 4313, Cl LY, 3.000%, 03/15/29 |
853,000 | 828,505 | ||||||
|
|
|||||||
34,489,239 | ||||||||
|
|
|||||||
Federal National Mortgage Association |
||||||||
Series 2012-17, Cl BC, 3.500%, 03/25/27 |
4,822,240 | 4,955,151 | ||||||
Series 2012-93, Cl CY, 1.500%, 09/25/27 |
1,119,921 | 922,024 | ||||||
|
|
|||||||
5,877,175 | ||||||||
|
|
|||||||
40,366,414 | ||||||||
|
|
|||||||
Agency Collateralized Planned Amortization Class Mortgage Obligations 0.5% |
||||||||
Federal Home Loan Mortgage Corporation |
||||||||
Series 3959, Cl PB, 3.000%, 11/15/26 |
4,683,638 | 4,601,838 | ||||||
|
|
|||||||
Federal National Mortgage Association |
||||||||
Series 2011-89, Cl BT, 3.500%, 09/25/26 |
600,000 | 621,322 | ||||||
|
|
|||||||
5,223,160 | ||||||||
|
|
See Notes to Schedules of Portfolio Investments.
Commercial Mortgage Backed Securities 3.5% |
| |||||||
Extended Stay America Trust |
||||||||
Series 2013-ESH5, Cl B5, 2.278%, 12/05/31(c) |
2,940,000 | 2,927,784 | ||||||
|
|
|||||||
GS Mortgage Securities Corp. II |
||||||||
Series 2012-ALOH, Cl A, 3.551%, 04/10/34(c) |
5,795,000 | 6,003,510 | ||||||
Series 2012-BWTR, Cl B, 3.255%, 11/05/34(c) |
2,890,000 | 2,866,166 | ||||||
|
|
|||||||
8,869,676 | ||||||||
|
|
|||||||
GS Mortgage Securities Trust |
||||||||
Series 2011-GC5, Cl AS, 5.209%, 08/10/44(b)(c) |
2,014,000 | 2,283,653 | ||||||
|
|
|||||||
JPMorgan Chase Commercial Mortgage Securities Corp. |
||||||||
Series 2010-C2, Cl C, 5.510%, 11/15/43(b)(c) |
3,863,000 | 4,362,733 | ||||||
|
|
|||||||
JPMorgan Chase Commercial Mortgage Securities Trust |
||||||||
Series 2011-C3, Cl D, 5.570%, 02/15/46(b)(c) |
5,897,000 | 6,567,607 | ||||||
|
|
|||||||
OBP Depositor LLC Trust |
||||||||
Series 2010-OBP, Cl A, 4.646%, 07/15/45(c) |
4,150,000 | 4,628,740 | ||||||
|
|
|||||||
WFRBS Commercial Mortgage Trust |
||||||||
Series 2011-C3, Cl D, 5.550%, 03/15/44(b)(c) |
4,677,367 | 4,985,222 | ||||||
|
|
|||||||
34,625,415 | ||||||||
|
|
|||||||
Total Collateralized Mortgage Obligations (Cost $78,919,638) |
|
80,214,989 | ||||||
|
|
|||||||
Bank Loans 4.7% |
||||||||
Aerospace/Defense 0.2% |
||||||||
AM General LLC, Term Loan B, 10.250%, 03/22/18(b)(c) |
279,000 | 256,680 | ||||||
Atlantic Aviation FBO, Inc., Term Loan B, 3.250%, 06/01/20(b)(c) |
79,200 | 79,002 | ||||||
DAE Aviation Holdings, Inc., 2018 Term Loan B2, 5.000%, 11/02/18(b)(c) |
59,575 | 60,096 | ||||||
DAE Aviation Holdings, Inc., New Term Loan B1, 5.000%, 11/02/18(b)(c) |
131,415 | 132,564 | ||||||
Flying Fortress, Inc., New Term Loan, 3.500%, 06/30/17(b)(c) |
190,000 | 189,645 | ||||||
LM U.S. Corp. Acquisition, Inc., Add on Term Loan, 10/25/19(a)(c)(d) |
50,000 | 50,000 | ||||||
LM U.S. Corp. Acquisition, Inc., New 2nd Lien Term Loan, 10/26/20(a)(c)(d) |
105,000 | 105,525 | ||||||
TASC, Inc., 2014 Term Loan B, 6.500%, 05/30/20(b)(c) |
220,000 | 215,325 | ||||||
TASC, Inc., 2nd Lien Term Loan, 12.000%, 05/30/21(b)(c) |
95,000 | 93,575 | ||||||
Transdigm, Inc., Term Loan C, 3.750%, 02/28/20(b)(c) |
449,388 | 447,703 | ||||||
WP CPP Holdings LLC, 1st Lien Term Loan, 4.750%, 12/27/19(b)(c) |
102,729 | 102,942 | ||||||
|
|
|||||||
1,733,057 | ||||||||
|
|
|||||||
Auto Manufacturers 0.0%(e) |
||||||||
CS Intermediate Holdco 2 LLC, New Term Loan B, 4.000%, 04/04/21(b)(c) |
105,000 | 104,825 | ||||||
Tower Automotive Holdings USA LLC, New Term Loan, 4.000%, 04/23/20(b)(c) |
133,654 | 133,112 | ||||||
Wabash National Corp., Term Loan B, 4.500%, 05/08/19(b)(c) |
92,536 | 92,707 | ||||||
|
|
|||||||
330,644 | ||||||||
|
|
|||||||
Chemicals 0.1% |
||||||||
Kronos Worldwide, Inc., 2014 Term Loan, 4.750%, 02/18/20(b)(c) |
64,838 | 65,446 | ||||||
MacDermid, Inc., 1st Lien Term Loan, 4.000%, 06/07/20(b)(c) |
99,000 | 98,975 | ||||||
Minerals Technologies, Inc., Term Loan B, 4.000%, 05/09/21(b)(c) |
190,000 | 190,713 | ||||||
Nexeo Solutions LLC, Term Loan B, 5.000%, 09/08/17(b)(c) |
180,449 | 180,449 | ||||||
OXEA Finance LLC, USD Term Loan B2, 4.250%, 01/15/20(b)(c) |
69,650 | 69,737 | ||||||
Polymer Group, Inc., 1st Lien Term Loan B, 5.250%, 12/19/19(b)(c) |
114,425 | 115,569 | ||||||
PQ Corp., 2014 Term Loan, 4.000%, 08/07/17(b)(c) |
93,575 | 93,809 | ||||||
Taminco Global Chemical Corp., USD Term Loan B3, 3.250%, 02/15/19(b)(c) |
97,766 | 97,033 | ||||||
Tata Chemicals North America, Inc., Term Loan B, 3.750%, 08/07/20(b)(c) |
69,300 | 69,040 | ||||||
WNA Holdings, Inc., USD 1st Lien US Borrower, 4.500%, 06/07/20(b)(c) |
43,860 | 43,860 | ||||||
|
|
|||||||
1,024,631 | ||||||||
|
|
|||||||
Commercial Services 0.1% |
||||||||
Harland Clarke Holdings Corp., Extended Term Loan B2, 5.480%, 06/30/17(b)(c) |
533,048 | 534,380 | ||||||
Infor (US), Inc., USD Term Loan B5, 3.750%, 06/03/20(b)(c) |
264,314 | 262,388 | ||||||
Infor (US), Inc., USD Term Loan B3, 3.750%, 06/03/20(b)(c) |
117,750 | 116,778 |
See Notes to Schedules of Portfolio Investments.
Springer Science & Business Media Deutschland GmbH, USD Term Loan B2, 5.000%, 08/14/20(b)(c) |
168,725 | 168,884 | ||||||
Walter Energy, Inc., Term Loan B, 7.250%, 04/02/18(b)(c) |
366,864 | 354,207 | ||||||
|
|
|||||||
1,436,637 | ||||||||
|
|
|||||||
Consumer Non-Durables 0.0%(e) |
||||||||
Kate Spade & Co., Term Loan B, 4.000%, 04/09/21(b)(c) |
100,000 | 99,899 | ||||||
|
|
|||||||
Diversified Financial Services 0.2% |
||||||||
American Capital, Ltd., 2017 Term Loan, 3.500%, 08/22/17(b)(c) |
170,000 | 169,787 | ||||||
Ceridian Corp., New Term Loan B, 4.400%, 05/09/17(b)(c) |
129,552 | 129,693 | ||||||
Duff & Phelps Investment Management Co., Term Loan B, 4.500%, 04/23/20(b)(c) |
69,300 | 69,495 | ||||||
Getty Images, Inc., Term Loan B, 4.750%, 10/18/19(b)(c) |
188,459 | 181,969 | ||||||
Grosvenor Capital Management Holdings LLP, New Term Loan B, 3.750%, 01/04/21(b)(c) |
119,400 | 118,555 | ||||||
MIP Delaware LLC, Term Loan B1, 4.000%, 03/09/20(b)(c) |
59,344 | 59,493 | ||||||
Nuveen Investments, Inc., New Term Loan, 4.150%, 05/15/17(b)(c) |
85,000 | 85,106 | ||||||
Oberthur Technologies of America Corp., USD Term Loan B2, 4.500%, 10/18/19(b)(c) |
203,975 | 204,944 | ||||||
Open Text Corp., Term Loan B, 3.250%, 01/16/21(b)(c) |
183,963 | 183,810 | ||||||
Pre-Paid Legal Services, Inc., 1st Lien Term Loan, 6.250%, 07/01/19(b)(c) |
121,613 | 122,829 | ||||||
Triple Point Technology, Inc., 1st Lien Term Loan, 5.250%, 07/10/20(b)(c) |
84,970 | 75,765 | ||||||
USIC Holdings, Inc., 1st Lien Term Loan, 4.000%, 07/10/20(b)(c) |
118,800 | 117,612 | ||||||
|
|
|||||||
1,519,058 | ||||||||
|
|
|||||||
Diversified Media 0.0%(e) |
||||||||
Inmar Holdings, Inc., 1st Lien Term Loan, 4.250%, 01/27/21(b)(c) |
45,000 | 44,494 | ||||||
Quad/Graphics, Inc., 2021 Term Loan, 4.250%, 04/23/21(b)(c) |
115,000 | 114,425 | ||||||
|
|
|||||||
158,919 | ||||||||
|
|
|||||||
Electronics 0.1% |
||||||||
Blackboard, Inc., Term Loan B3, 4.750%, 10/04/18(b)(c) |
149,250 | 150,077 | ||||||
Eastman Kodak Co., Exit Term Loan, 7.250%, 09/03/19(b)(c) |
207,900 | 210,759 | ||||||
Rovi Solutions Corp., Term Loan B3, 07/02/21(a)(c)(d) |
55,000 | 54,725 | ||||||
Rovi Solutions Corp., Term Loan B3, 3.500%, 03/29/19(b)(c) |
135,696 | 135,187 | ||||||
Sabre, Inc., Incremental Term Loan, 4.500%, 02/19/19(b)(c) |
74,438 | 74,623 | ||||||
Shield Finance Co. S.A.R.L., USD Term Loan, 5.000%, 01/29/21(b)(c) |
169,575 | 170,106 | ||||||
Spansion LLC, 2013 Term Loan, 3.750%, 12/19/19(b)(c) |
119,100 | 119,249 | ||||||
|
|
|||||||
914,726 | ||||||||
|
|
|||||||
Energy 0.2% |
||||||||
Azure Midstream Energy LLC, Term Loan B, 6.500%, 11/15/18(b)(c) |
229,125 | 230,557 | ||||||
Chief Exploration & Development LLC, 2nd Lien Term Loan, 05/12/21(a)(c)(d) |
155,000 | 158,100 | ||||||
HGIM Corp., Term Loan B, 5.500%-6.800%, 06/18/20(b)(c) |
595,500 | 591,284 | ||||||
KCA Deutag US Finance LLC, Term Loan, 6.250%, 05/13/20(b)(c) |
60,000 | 59,700 | ||||||
Pacific Drilling SA, Term Loan B, 4.500%, 06/04/18(b)(c) |
173,225 | 173,712 | ||||||
Philadelphia Energy Solutions LLC, Term Loan B, 6.250%, 04/04/18(b)(c) |
222,509 | 205,636 | ||||||
Seadrill Partners Finco LLC, Term Loan B, 4.000%, 02/21/21(b)(c) |
303,886 | 301,781 | ||||||
Templar Energy LLC, 2nd Lien Term Loan, 8.000%, 11/25/20(a)(b)(c) |
450,000 | 445,500 | ||||||
|
|
|||||||
2,166,270 | ||||||||
|
|
|||||||
Entertainment 0.2% |
||||||||
Altice Financing SA, Delayed Draw Term Loan, 5.500%, 07/15/19(b)(c) |
836,087 | 854,640 | ||||||
ClubCorp Club Operations, Inc., New Term Loan, 4.000%, 07/24/20(b)(c) |
110,000 | 109,932 | ||||||
Diamond Resorts Corp., New Term Loan, 5.500%, 04/23/21(b)(c) |
60,000 | 60,375 | ||||||
Great Wolf Resorts, Inc., Term Loan B, 4.500%, 08/06/20(b)(c) |
153,450 | 153,689 | ||||||
IMG Worldwide Holdings LLC, 2nd Lien Term Loan, 8.250%, 05/01/22(b)(c) |
135,000 | 137,194 | ||||||
Kasima LLC, New Term Loan B, 3.250%, 05/17/21(b)(c) |
215,000 | 214,060 | ||||||
Live Nation Entertainment, Inc., 2020 Term Loan B1, 3.500%, 08/17/20(b)(c) |
327,525 | 326,706 | ||||||
Oceania Cruises, Inc., 2020 Term Loan B, 5.250%, 07/02/20(b)(c) |
218,900 | 220,406 | ||||||
Regent Seven Seas Cruises, Inc., New Term Loan B, 3.750%, 12/21/18(b)(c) |
69,650 | 69,563 | ||||||
|
|
|||||||
2,146,565 | ||||||||
|
|
See Notes to Schedules of Portfolio Investments.
Financial 0.1% |
| |||||||
Delos Finance S.A.R.L., Term Loan B, 3.500%, 03/06/21(b)(c) |
160,000 | 159,800 | ||||||
RCS Capital Corp., 1st Lien Term Loan, 6.500%, 04/29/19(b)(c) |
200,000 | 204,084 | ||||||
Sedgwick, Inc., 1st Lien Term Loan, 3.750%, 03/01/21(b)(c) |
209,475 | 206,071 | ||||||
Sedgwick, Inc., 2nd Lien Term Loan, 6.750%, 02/28/22(b)(c) |
115,000 | 114,684 | ||||||
VFH Parent LLC, Extended Term Loan, 5.750%, 11/06/19(b)(c) |
104,475 | 103,691 | ||||||
|
|
|||||||
788,330 | ||||||||
|
|
|||||||
Food 0.2% |
||||||||
Blue Buffalo Co. Ltd., Term Loan B3, 4.000%, 08/08/19(b)(c) |
162,128 | 162,331 | ||||||
CEC Entertainment Concepts, LP, Term Loan, 4.250%, 02/14/21(b)(c) |
139,650 | 138,603 | ||||||
HJ Heinz Co., Term Loan B1, 3.250%, 06/07/19(b)(c) |
841,500 | 842,375 | ||||||
JBS USA Holdings, Inc., Incremental Term Loan, 3.750%, 09/18/20(b)(c) |
203,463 | 202,531 | ||||||
Landrys, Inc., Term Loan B, 4.000%, 04/24/18(b)(c) |
375,750 | 376,572 | ||||||
New Albertsons, Inc., Term Loan, 06/25/21(a)(c)(d) |
70,000 | 70,131 | ||||||
Stater Bros. Markets, Term Loan B, 4.750%, 05/12/21(b)(c) |
80,000 | 80,400 | ||||||
|
|
|||||||
1,872,943 | ||||||||
|
|
|||||||
Health Care 0.3% |
||||||||
Accellent, Inc., 1st Lien Term Loan, 4.500%, 03/12/21(b)(c) |
139,650 | 139,040 | ||||||
Allscripts Healthcare Solutions, Inc., Term Loan A, 2.900%, 06/28/18(b)(c) |
133,000 | 132,668 | ||||||
Ardent Medical Services, Inc., Term Loan, 6.750%, 07/02/18(b)(c) |
260 | 227 | ||||||
Convatec, Inc., Term Loan, 4.000%, 12/22/16(b)(c) |
18,292 | 18,284 | ||||||
Endo Luxembourg Finance Co. I S.A R.L., 2014 Term Loan B, 3.250%, 02/28/21(b)(c) |
89,775 | 89,532 | ||||||
Envision Acquisition Company LLC, 1st Lien Term Loan, 5.750%, 11/04/20(b)(c) |
119,100 | 119,993 | ||||||
Healogics, Inc., New 1st Lien Term Loan, 07/01/21(a)(c)(d) |
50,000 | 49,500 | ||||||
Hologic, Inc., New Term Loan B, 3.250%, 08/01/19(b)(c) |
139,544 | 139,370 | ||||||
Iasis Healthcare LLC, Term Loan B2, 4.500%, 05/03/18(b)(c) |
156,031 | 156,538 | ||||||
IMS Health, Inc., New USD Term Loan, 3.500%, 03/17/21(b)(c) |
108,392 | 107,714 | ||||||
INC Research, Inc., Refinance Term Loan B, 4.250%, 07/12/18(b)(c) |
379,520 | 378,571 | ||||||
JLL/Delta Dutch Newco B.V., USD Term Loan, 4.250%, 03/11/21(b)(c) |
235,000 | 232,944 | ||||||
Millennium Laboratories, Inc., Term Loan B, 5.250%, 04/16/21(b)(c) |
230,000 | 232,109 | ||||||
P2 Newco Acquisition, Inc., 1st Lien Term Loan, 5.500%, 10/22/20(b)(c) |
184,555 | 184,785 | ||||||
Par Pharmaceutical Cos., Inc., Term Loan B2, 4.000%, 09/30/19(b)(c) |
380,118 | 379,373 | ||||||
Salix Pharmaceuticals Ltd., Term Loan, 4.250%, 01/02/20(b)(c) |
199,875 | 201,186 | ||||||
Valeant Pharmaceuticals International, Inc., Series C2, Term Loan B, 3.750%, 12/11/19(b)(c) |
83,513 | 83,373 | ||||||
Valeant Pharmaceuticals International, Inc., Series D2, Term Loan B, 3.750%, 02/13/19(b)(c) |
113,049 | 113,049 | ||||||
|
|
|||||||
2,758,256 | ||||||||
|
|
|||||||
Healthcare - Services 0.1% |
||||||||
MPH Acquisition Holdings LLC, Term Loan, 4.000%, 03/31/21(b)(c) |
233,455 | 232,684 | ||||||
SBA Senior Finance II LLC, Term Loan B1, 3.250%, 03/24/21(b)(c) |
290,000 | 288,022 | ||||||
|
|
|||||||
520,706 | ||||||||
|
|
|||||||
Information Technology 0.2% |
||||||||
Active Network, Inc. (The), 1st Lien Term Loan, 5.500%, 11/13/20(b)(c) |
79,600 | 79,153 | ||||||
Aricent Technologies, 1st Lien Term Loan, 5.500%, 04/14/21(b)(c) |
160,000 | 161,800 | ||||||
AVSC Holdings Corp., 1st Lien Term Loan, 4.500%, 01/24/21(b)(c) |
99,750 | 99,950 | ||||||
Dealertrack Technologies, Inc., Term Loan B, 3.500%, 02/28/21(b)(c) |
66,782 | 66,643 | ||||||
Deluxe Entertainment Services Group, Inc., Term Loan 2014, 6.500%, 02/28/20(b)(c) |
263,344 | 262,356 | ||||||
Genesys Telecom Holdings, U.S., Inc., New Term Loan B, 4.000%, 02/07/20(b)(c) |
59,398 | 59,077 | ||||||
Internap Network Services Corp., Term Loan, 6.000%, 11/26/19(b)(c) |
144,275 | 144,546 | ||||||
IQOR US Inc., Term Loan B, 6.000%, 04/01/21(b)(c) |
455,079 | 435,738 | ||||||
M/A-COM Technology Solutions Holdings, Inc., Term Loan, 4.500%, 05/07/21(b)(c) |
50,000 | 50,250 | ||||||
RedTop Acquisitions Ltd., USD 1st Lien Term Loan, 4.500%, 12/03/20(b)(c) |
149,625 | 150,560 | ||||||
RedTop Acquisitions Ltd., USD 2nd Lien Term Loan, 8.250%, 06/03/21(b)(c) |
89,775 | 92,244 | ||||||
Southern Graphics, Inc., New Term Loan B, 4.250%-5.500%, 10/17/19(b)(c) |
138,837 | 138,837 | ||||||
Spin Holdco, Inc., New Term Loan B, 4.250%, 11/14/19(b)(c) |
79,600 | 79,614 | ||||||
STG-Fairway Acquisitions, Inc., Term Loan B, 6.250%, 02/28/19(b)(c) |
172,813 | 172,165 | ||||||
|
|
|||||||
1,992,933 | ||||||||
|
|
See Notes to Schedules of Portfolio Investments.
Insurance 0.1% |
| |||||||
Alliance Data Systems Corp., Term Loan, 1.900%, 07/10/18(b)(c) |
480,959 | 478,857 | ||||||
Asurion LLC, Term Loan B3, 3.750%, 02/18/17(b)(c) |
65,000 | 64,919 | ||||||
Asurion LLC, New 2nd Lien Term Loan, 8.500%, 03/03/21(b)(c) |
430,000 | 445,695 | ||||||
La Frontera Generation LLC, Term Loan, 4.500%, 09/30/20(b)(c) |
139,370 | 139,788 | ||||||
USI, Inc., Term Loan B, 4.250%, 12/27/19(b)(c) |
221,638 | 221,777 | ||||||
|
|
|||||||
1,351,036 | ||||||||
|
|
|||||||
Leisure Time 0.1% |
||||||||
Belmond Interfin Ltd., USD Term Loan B, 4.000%, 03/21/21(b)(c) |
149,625 | 149,906 | ||||||
Fitness International LLC, Term Loan B, 07/01/20(a)(c)(d) |
25,000 | 24,891 | ||||||
La Quinta Intermediate Holdings LLC, Term Loan B, 4.000%, 04/14/21(b)(c) |
274,143 | 274,316 | ||||||
Lions Gate Entertainment Corp., 2nd Lien Term Loan, 5.000%, 07/17/20(b)(c) |
90,000 | 91,350 | ||||||
|
|
|||||||
540,463 | ||||||||
|
|
|||||||
Lodging 0.2% |
||||||||
Bally Technologies, Inc., Term Loan B, 4.250%, 11/25/20(b)(c) |
97,037 | 97,401 | ||||||
Boyd Gaming Corp., Term Loan B, 4.000%, 08/14/20(b)(c) |
120,972 | 121,244 | ||||||
Caesars Entertainment Operating Co., Term Loan B7, 9.750%, 03/01/17(b)(c) |
200,000 | 197,160 | ||||||
Golden Nugget, Inc., New Delayed Draw Term Loan, 5.500%, 11/21/19(b)(c) |
47,760 | 48,656 | ||||||
Golden Nugget, Inc., New Term Loan B, 5.500%, 11/21/19(b)(c) |
111,440 | 113,529 | ||||||
Mohegan Tribal Gaming Authority, New Term Loan B, 5.500%, 11/19/19(b)(c) |
159,200 | 161,655 | ||||||
Pinnacle Entertainment, Inc., Term Loan B2, 3.750%, 08/13/20(b)(c) |
183,244 | 183,548 | ||||||
Playa Resorts Holding B.V., Term Loan B, 4.000%, 08/06/19(b)(c) |
119,100 | 119,398 | ||||||
SeaWorld Parks & Entertainment, Inc., Term Loan B2, 3.000%, 05/14/20(b)(c) |
454,936 | 448,112 | ||||||
Shingle Springs Tribal Gaming Authority, Term Loan B, 6.250%, 08/29/19(b)(c) |
97,750 | 100,683 | ||||||
Starwood Property Trust, Inc., Term Loan B, 3.500%, 04/17/20(b)(c) |
217,894 | 216,532 | ||||||
|
|
|||||||
1,807,918 | ||||||||
|
|
|||||||
Machinery-Diversified 0.1% |
||||||||
Brand Energy & Infrastructure Services, Inc., New Term Loan B, 4.750%, 11/26/20(b)(c) |
597,000 | 599,298 | ||||||
Generac Power Systems, Inc., Term Loan B, 3.250%, 05/31/20(b)(c) |
127,379 | 126,360 | ||||||
Key Safety Systems, Inc., Term Loan B, 4.750%, 05/09/18(b)(c) |
87,467 | 87,576 | ||||||
NewPage Corp., Term Loan, 9.500%, 02/11/21(b)(c) |
215,000 | 215,269 | ||||||
W3 Co., 1st Lien Term Loan, 5.750%, 03/13/20(b)(c) |
64,188 | 62,984 | ||||||
|
|
|||||||
1,091,487 | ||||||||
|
|
|||||||
Manufacturing 0.0%(e) |
||||||||
Mirror Bidco Corp., New Term Loan, 4.250%, 12/28/19(b)(c) |
192,085 | 191,845 | ||||||
Signode Industrial Group US, Inc., USD Term Loan B, 4.000%, 05/01/21(b)(c) |
145,000 | 144,501 | ||||||
|
|
|||||||
336,346 | ||||||||
|
|
|||||||
Media 0.4% |
||||||||
Emerald Expositions Holding, Inc., Term Loan B, 5.500%, 06/17/20(b)(c) |
90,287 | 90,823 | ||||||
Granite Broadcasting Corp., Term Loan B, 6.750%, 05/23/18(b)(c) |
47,859 | 47,739 | ||||||
McGraw-Hill Global Education Holdings LLC, New 1st Lien Term Loan, 5.750%, 03/22/19(b)(c) |
99,500 | 101,117 | ||||||
Syniverse Holdings, Inc., Term Loan, 4.000%, 04/23/19(b)(c) |
273,550 | 273,094 | ||||||
Univision Communications, Inc., Term Loan C3, 4.000%, 03/02/20(b)(c) |
334,865 | 334,634 | ||||||
US Finco LLC, 1st Lien Term Loan, 4.000%, 05/29/20(b)(c) |
64,350 | 64,189 | ||||||
Village Roadshow Films (BVI) Ltd., Term Loan B, 4.750%, 11/21/17(b)(c) |
928,811 | 938,099 | ||||||
Ziggo B.V., USD Term Loan B1, 01/15/22(a)(c)(d) |
759,913 | 750,589 | ||||||
Ziggo B.V., USD Term Loan B2, 01/15/22(a)(c)(d) |
489,702 | 483,693 | ||||||
Ziggo B.V., USD Term Loan B3, 01/15/22(a)(c)(d) |
805,385 | 795,503 | ||||||
|
|
|||||||
3,879,480 | ||||||||
|
|
|||||||
Metals 0.0%(e) |
||||||||
Arch Coal, Inc., Term Loan B, 6.250%, 05/16/18(b)(c) |
240,752 | 236,390 | ||||||
Atlas Iron Ltd., Term Loan B, 8.750%, 12/10/17(b)(c) |
98,424 | 98,794 | ||||||
|
|
|||||||
335,184 | ||||||||
|
|
See Notes to Schedules of Portfolio Investments.
Metals/Minerals 0.1% |
| |||||||
Atkore International, Inc., 1st Lien Term Loan, 4.500%, 04/09/21(b)(c) |
135,000 | 134,888 | ||||||
Murray Energy Corp., 1st Lien Term Loan, 5.250%, 12/05/19(b)(c) |
179,550 | 181,570 | ||||||
Peabody Energy Corp., Term Loan B, 4.250%, 09/24/20(b)(c) |
297,588 | 299,758 | ||||||
|
|
|||||||
616,216 | ||||||||
|
|
|||||||
Mining 0.0%(e) |
||||||||
Novelis, Inc., New Term Loan, 3.750%, 03/10/17(b)(c) |
330,693 | 330,898 | ||||||
Oxbow Carbon LLC, New Term Loan B, 4.250%, 07/19/19(b)(c) |
85,500 | 85,536 | ||||||
TMS International Corp., New Term Loan B, 4.500%, 10/16/20(b)(c) |
79,600 | 79,949 | ||||||
|
|
|||||||
496,383 | ||||||||
|
|
|||||||
Miscellaneous Manufacturer 0.0%(e) |
||||||||
Boomerang Tube LLC, Term Loan, 11.800%, 10/11/17(b)(c) |
214,438 | 192,994 | ||||||
Mauser Industrieverpackungen, 2nd Lien Term Loan, 06/30/22(a)(c)(d) |
20,000 | 19,800 | ||||||
|
|
|||||||
212,794 | ||||||||
|
|
|||||||
Oil & Gas 0.3% |
||||||||
Alon USA Energy, Inc., Master Limited Partnership Term Loan, 9.250%, 11/26/18(b)(c) |
194,449 | 201,741 | ||||||
Atlas Energy, L.P., Term Loan B, 6.500%, 07/31/19(b)(c) |
307,675 | 311,905 | ||||||
Drillships Financing Holding, Inc., Term Loan B1, 6.000%, 03/31/21(b)(c) |
806,319 | 818,922 | ||||||
EP Energy LLC, Term Loan B3, 3.500%, 05/24/18(b)(c) |
303,333 | 302,196 | ||||||
EP Energy LLC, Term Loan B2, 4.500%, 04/30/19(b)(c) |
84,375 | 84,839 | ||||||
Offshore Group Investment Ltd., Term Loan B, 5.750%, 03/28/19(b)(c) |
333,086 | 330,865 | ||||||
Offshore Group Investment Ltd., New Term Loan B, 5.000%, 10/25/17(a)(b)(c) |
133,104 | 132,439 | ||||||
Samson Investment Co., New 2nd Lien Term Loan, 5.000%, 09/25/18(b)(c) |
135,000 | 134,764 | ||||||
Sheridan Investment Partners II L.P., Term Loan B, 4.250%, 12/16/20(b)(c) |
25,567 | 25,567 | ||||||
Sheridan Investment Partners II L.P., Term Loan M, 4.250%, 12/16/20(b)(c) |
9,535 | 9,535 | ||||||
Sheridan Investment Partners II L.P., Term Loan A, 4.250%, 12/16/20(b)(c) |
183,797 | 183,797 | ||||||
Teine Energy Ltd., 2nd Lien Term Loan, 7.500%, 05/09/19(b)(c) |
69,647 | 70,344 | ||||||
Tervita Corp., Term Loan, 6.250%, 05/15/18(b)(c) |
74,811 | 75,029 | ||||||
TPF Generation Holdings LLC, Term Loan B, 4.750%, 12/29/17(b)(c) |
103,950 | 100,637 | ||||||
TPF II LC LLC, Term Loan B, 6.500%, 08/21/19(b)(c) |
112,366 | 114,052 | ||||||
|
|
|||||||
2,896,632 | ||||||||
|
|
|||||||
Packaging & Containers 0.0%(e) |
||||||||
Ardagh Holdings USA, Inc., Institutional Term Loan, 4.000%, 12/17/19(b)(c) |
115,000 | 115,096 | ||||||
Ardagh Holdings USA, Inc., USD Term Loan B, 4.250%, 12/17/19(b)(c) |
144,275 | 144,696 | ||||||
Caraustar Industries, Inc., Term Loan, 7.500%, 05/01/19(b)(c) |
85,261 | 86,167 | ||||||
Tronox Pigments (Netherlands) BV, 2013 Term Loan, 4.000%, 03/19/20(b)(c) |
109,539 | 109,703 | ||||||
|
|
|||||||
455,662 | ||||||||
|
|
|||||||
Real Estate 0.1% |
||||||||
CPG International, Inc., New Term Loan, 4.750%, 09/30/20(b)(c) |
158,800 | 159,065 | ||||||
Four Seasons Holdings, Inc., New 1st Lien Term Loan, 3.500%, 06/27/20(b)(c) |
277,900 | 277,322 | ||||||
Four Seasons Holdings, Inc., 2nd Lien Term Loan, 6.250%, 12/28/20(b)(c) |
35,000 | 35,525 | ||||||
Istar Financial, Inc., Add on Term Loan A2, 7.000%, 03/19/17(b)(c) |
12,509 | 12,884 | ||||||
Quikrete Holdings, Inc., 1st Lien Term Loan, 4.000%, 09/28/20(b)(c) |
198,500 | 198,562 | ||||||
|
|
|||||||
683,358 | ||||||||
|
|
|||||||
Retail 0.4% |
||||||||
Academy, Ltd., Term Loan, 4.500%, 08/03/18(b)(c) |
107,951 | 108,236 | ||||||
Camping World, Inc., Term Loan, 5.750%, 02/20/20(b)(c) |
192,563 | 193,887 | ||||||
Capital Automotive LP, New 2nd Lien Term Loan, 6.000%, 04/30/20(b)(c) |
180,000 | 183,524 | ||||||
Evergreen Acqco 1 LP, New Term Loan, 5.000%, 07/09/19(b)(c) |
123,125 | 122,715 | ||||||
JC Penney Corporation, Inc., 1st Lien Term Loan, 6.000%, 05/22/18(b)(c) |
752,400 | 760,639 | ||||||
Jo-Ann Stores, Inc., Term Loan, 4.000%, 03/16/18(b)(c) |
395,583 | 392,782 | ||||||
Lands End, Inc., Term Loan B, 4.250%, 04/02/21(b)(c) |
334,163 | 333,605 |
See Notes to Schedules of Portfolio Investments.
Ollies Bargain Outlet, Inc., Term Loan, 4.750%-6.000%, 09/27/19(b)(c) |
82,854 | 82,854 | ||||||
Party City Holdings, Inc., Term Loan, 4.000%, 07/27/19(b)(c) |
378,019 | 375,479 | ||||||
Petco Animal Supplies, Inc., New Term Loan, 4.000%, 11/24/17(b)(c) |
220,167 | 220,581 | ||||||
Rite Aid Corp., New 2nd Lien Term Loan, 4.880%, 06/21/21(b)(c) |
275,000 | 278,009 | ||||||
Rite Aid Corp., 2nd Lien Term Loan, 5.750%, 08/21/20(b)(c) |
260,000 | 265,444 | ||||||
Supervalu, Inc., Refinance Term Loan B, 4.500%, 03/21/19(b)(c) |
166,888 | 166,659 | ||||||
Toys R Us Property Co. I LLC, New Term Loan B, 6.000%, 08/21/19(b)(c) |
557,200 | 534,912 | ||||||
Toys R Us-Delaware, Inc., Term Loan B3, 5.250%, 05/25/18(b)(c) |
130,503 | 105,490 | ||||||
Toys R Us-Delaware, Inc., New Term Loan, 6.000%, 09/01/16(b)(c) |
170,486 | 152,914 | ||||||
|
|
|||||||
4,277,730 | ||||||||
|
|
|||||||
Semiconductors 0.0%(e) |
||||||||
Freescale Semiconductor, Inc., Term Loan B5, 5.000%, 01/15/21(b)(c) |
163,763 | 164,350 | ||||||
ON Semiconductor Corp., Term Loan A, 1.980%, 01/02/18(b)(c) |
324,844 | 316,723 | ||||||
|
|
|||||||
481,073 | ||||||||
|
|
|||||||
Service 0.0%(e) |
||||||||
ServiceMaster Co., 2014 Term Loan B, 07/01/21(a)(c)(d) |
10,000 | 9,981 | ||||||
|
|
|||||||
Telecommunication Services 0.5% |
||||||||
Arris Group, Inc., Term Loan B, 3.500%, 04/17/20(b)(c) |
245,055 | 244,136 | ||||||
Avaya, Inc., Extended Term Loan B3, 4.730%, 10/26/17(b)(c) |
310,466 | 303,722 | ||||||
Avaya, Inc., Term Loan B6, 6.500%, 03/30/18(b)(c) |
152,318 | 152,339 | ||||||
Cellular South, Inc., New Term Loan, 3.250%, 05/22/20(b)(c) |
44,438 | 44,215 | ||||||
Cincinnati Bell, Inc., New Term Loan B, 4.000%, 09/10/20(b)(c) |
486,325 | 486,023 | ||||||
Consolidated Communications, Inc., New Term Loan B, 4.250%, 12/23/20(b)(c) |
159,200 | 159,996 | ||||||
DataPipe, Inc., 1st Lien Term Loan, 5.250%, 03/15/19(b)(c) |
64,189 | 64,169 | ||||||
Evertec, Inc., New Term Loan A, 2.730%, 04/16/18(b)(c) |
522,500 | 514,992 | ||||||
Evertec, Inc., New Term Loan B, 3.500%, 04/17/20(b)(c) |
113,800 | 111,951 | ||||||
Learfield Communications, Inc., New 1st Lien Term Loan, 4.500%, 10/09/20(b)(c) |
119,400 | 120,296 | ||||||
Liberty Cablevision of Puerto Rico LLC, 1st Lien Term Loan, 12/11/21(a)(c)(d) |
50,000 | 50,042 | ||||||
Liberty Cablevision of Puerto Rico LLC, 2nd Lien Term Loan, 03/11/23(a)(c)(d) |
30,000 | 30,075 | ||||||
Liberty Cablevision of Puerto Rico LLC, New Term Loan B, 6.000%, 06/09/17(b)(c) |
488,665 | 491,416 | ||||||
MCC Iowa LLC, Term Loan H, 3.250%, 01/29/21(b)(c) |
217,800 | 215,554 | ||||||
MCC Iowa LLC, Term Loan G, 4.000%, 01/20/20(b)(c) |
520,725 | 519,642 | ||||||
Media General, Inc., Delayed Draw Term Loan B, 4.250%, 07/31/20(b)(c) |
143,791 | 144,329 | ||||||
Nuance Communications, Inc., Term Loan C, 2.900%, 08/07/19(b)(c) |
118,800 | 117,968 | ||||||
UPC Financing Partnership, USD Term Loan AH, 3.250%, 06/30/21(b)(c) |
530,000 | 525,829 | ||||||
Van Wagner Communications LLC, New Term Loan, 6.250%, 08/03/18(b)(c) |
310,037 | 313,267 | ||||||
WMG Acquisition Corp., New Term Loan, 3.750%, 07/01/20(b)(c) |
645,125 | 634,242 | ||||||
|
|
|||||||
5,244,203 | ||||||||
|
|
|||||||
Telecommunications 0.1% |
||||||||
CompuCom Systems, Inc., Refinance Term Loan B, 4.250%, 05/11/20(b)(c) |
81,093 | 80,215 | ||||||
LTS Buyer LLC, 1st Lien Term Loan, 4.000%, 04/13/20(b)(c) |
301,950 | 300,926 | ||||||
Windstream Corp., Term Loan B4, 3.500%, 01/23/20(b)(c) |
187,150 | 186,682 | ||||||
|
|
|||||||
567,823 | ||||||||
|
|
|||||||
Transportation 0.1% |
||||||||
Affinia Group Intermediate Holdings, Inc., Term Loan B2, 4.750%, 04/27/20(b)(c) |
57,072 | 57,643 | ||||||
Commercial Barge Line Co., 1st Lien Term Loan, 7.500%, 09/23/19(b)(c) |
177,750 | 178,416 | ||||||
FPC Holdings, Inc., 1st Lien Term Loan, 5.250%, 11/19/19(b)(c) |
132,975 | 132,310 | ||||||
Navios Partners Finance (US), Inc., Term Loan B, 5.250%, 06/27/18(b)(c) |
217,804 | 220,254 | ||||||
Sabre, Inc., Term Loan C, 4.000%, 02/19/18(b)(c) |
20,305 | 20,293 | ||||||
Visteon Corp., Delayed Draw Term Loan B, 05/27/21(a)(c)(d) |
200,000 | 198,450 | ||||||
|
|
|||||||
807,366 | ||||||||
|
|
|||||||
Utilities 0.2% |
||||||||
Astoria Generating Company Acquisitions LLC, New Term Loan, 8.500%, 10/26/17(b)(c) |
114,000 | 117,135 | ||||||
Calpine Construction Finance Co., L.P., Original Term Loan B1, 3.000%, 05/03/20(b)(c) |
321,750 | 315,582 |
See Notes to Schedules of Portfolio Investments.
Calpine Construction Finance Co., L.P., Original Term Loan B2, 3.250%, 01/31/22(b)(c) |
143,179 | 141,711 | ||||||
EFS Cogen Holdings I LLC, Term Loan B, 3.750%, 12/17/20(b)(c) |
229,656 | 230,039 | ||||||
Empire Generating Co. LLC, Term Loan B, 5.250%, 03/12/21(b)(c) |
158,516 | 159,903 | ||||||
Empire Generating Co. LLC, Term Loan C, 5.250%, 03/12/21(b)(c) |
11,087 | 11,184 | ||||||
Exgen Renewables I LLC, Term Loan, 5.250%, 02/08/21(b)(c) |
143,791 | 145,768 | ||||||
Polarpak, Inc., USD 1st Lien Canadian Borrower, 4.500%, 06/05/20(b)(c) |
84,350 | 84,350 | ||||||
Power Team Services LLC, 1st Lien Term Loan, 4.250%, 05/06/20(b)(c) |
189,436 | 185,173 | ||||||
Power Team Services LLC, Delayed Draw Term Loan, 4.250%, 05/06/20(b)(c) |
10,064 | 9,838 | ||||||
Viva Alamo LLC, Term Loan B, 4.750%, 02/20/21(b)(c) |
104,738 | 105,785 | ||||||
|
|
|||||||
1,506,468 | ||||||||
|
|
|||||||
Wireless Communication 0.0%(e) |
||||||||
GOGO LLC, Term Loan, 11.250%, 06/21/17(b)(c) |
301,074 | 316,128 | ||||||
|
|
|||||||
Total Bank Loans (Cost $47,252,396) |
|
47,377,305 | ||||||
|
|
|||||||
Corporate Bonds 22.3% |
||||||||
Aerospace/Defense 0.3% |
||||||||
L-3 Communications Corp., 3.950%, 05/28/24 |
2,711,000 | 2,729,508 | ||||||
|
|
|||||||
Agriculture 0.2% |
||||||||
Japan Tobacco, Inc., 2.100%, 07/23/18(c) |
2,142,000 | 2,160,727 | ||||||
|
|
|||||||
Airlines 0.7% |
||||||||
American Airlines Pass Through Trust, 4.950%, 07/15/24(c) |
4,758,844 | 5,151,448 | ||||||
United Airlines Pass Through Trust, Series 2014-1, Cl A, 4.000%, 10/11/27, Series A |
2,049,000 | 2,077,174 | ||||||
|
|
|||||||
7,228,622 | ||||||||
|
|
|||||||
Auto Manufacturers 0.7% |
||||||||
Daimler Finance N.A. LLC, 3.875%, 09/15/21(c) |
1,632,000 | 1,739,484 | ||||||
General Motors Co., 6.250%, 10/02/43(c) |
3,573,000 | 4,100,017 | ||||||
Volkswagen International Finance, 2.375%, 03/22/17(c) |
1,439,000 | 1,484,055 | ||||||
|
|
|||||||
7,323,556 | ||||||||
|
|
|||||||
Auto Parts & Equipment 0.2% |
||||||||
Delphi Corp., 4.150%, 03/15/24 |
1,512,000 | 1,569,972 | ||||||
|
|
|||||||
Banks 5.3% |
||||||||
Bank of America Corp., 2.600%, 01/15/19 |
2,672,000 | 2,703,431 | ||||||
Bank of America Corp., 4.000%, 04/01/24, MTN |
1,588,000 | 1,620,603 | ||||||
Bank of America NA, 1.250%, 02/14/17 |
3,559,000 | 3,563,410 | ||||||
Citigroup, Inc., 2.500%, 09/26/18 |
3,968,000 | 4,032,674 | ||||||
Citigroup, Inc., 4.950%, 11/07/43 |
2,679,000 | 2,860,634 | ||||||
Credit Suisse New York, 2.300%, 05/28/19, MTN |
3,793,000 | 3,799,092 | ||||||
Fifth Third Bank, 1.450%, 02/28/18 |
3,135,000 | 3,124,473 | ||||||
Goldman Sachs Group, Inc. (The), 2.625%, 01/31/19 |
3,455,000 | 3,501,960 | ||||||
HSBC Bank PLC, 3.500%, 06/28/15(c) |
1,497,000 | 1,542,386 | ||||||
Huntington National Bank (The), 1.300%, 11/20/16 |
1,869,000 | 1,877,130 | ||||||
Intesa Sanpaolo SpA, 5.017%, 06/26/24(c) |
2,204,000 | 2,230,040 | ||||||
JPMorgan Chase & Co., 3.625%, 05/13/24 |
3,023,000 | 3,035,119 | ||||||
JPMorgan Chase & Co., Series V, 5.000%(b)(f) |
3,167,000 | 3,155,263 | ||||||
KeyBank NA, 1.650%, 02/01/18 |
1,557,000 | 1,558,341 | ||||||
Morgan Stanley, 5.000%, 11/24/25 |
2,878,000 | 3,069,583 | ||||||
Morgan Stanley, Series F, 3.875%, 04/29/24, Series F |
1,485,000 | 1,502,998 | ||||||
Morgan Stanley, Series H, 5.450%(b)(f) |
880,000 | 896,051 | ||||||
PNC Funding Corp., 3.300%, 03/08/22 |
454,000 | 462,993 | ||||||
US Bank NA, 1.100%, 01/30/17 |
2,710,000 | 2,720,217 | ||||||
Wells Fargo & Co., 1.250%, 02/13/15, MTN |
2,507,000 | 2,521,636 | ||||||
Wells Fargo & Co., 4.100%, 06/03/26, MTN |
3,229,000 | 3,269,682 | ||||||
|
|
|||||||
53,047,716 | ||||||||
|
|
See Notes to Schedules of Portfolio Investments.
Beverages 0.2% |
| |||||||
SABMiller Holdings, Inc., 2.450%, 01/15/17(c) |
2,020,000 | 2,081,598 | ||||||
|
|
|||||||
Chemicals 0.2% |
||||||||
Praxair, Inc., 4.625%, 03/30/15 |
1,548,000 | 1,597,302 | ||||||
|
|
|||||||
Commercial Services 0.4% |
||||||||
ERAC USA Finance LLC, 2.750%, 03/15/17(c) |
935,000 | 964,254 | ||||||
ERAC USA Finance LLC, 3.850%, 11/15/24(c) |
991,000 | 998,341 | ||||||
ERAC USA Finance LLC, 5.250%, 10/01/20(c) |
1,049,000 | 1,191,626 | ||||||
ERAC USA Finance LLC, 5.600%, 05/01/15(c) |
807,000 | 839,528 | ||||||
|
|
|||||||
3,993,749 | ||||||||
|
|
|||||||
Computers 1.0% |
||||||||
Apple, Inc., 2.850%, 05/06/21 |
3,456,000 | 3,485,774 | ||||||
IBM Corp., 0.875%, 10/31/14 |
6,104,000 | 6,116,104 | ||||||
|
|
|||||||
9,601,878 | ||||||||
|
|
|||||||
Diversified Financial Services 2.0% |
||||||||
American Express Credit Corp., 2.375%, 03/24/17, MTN |
1,263,000 | 1,305,704 | ||||||
Ford Motor Credit Co. LLC, 5.000%, 05/15/18 |
2,068,000 | 2,300,549 | ||||||
General Electric Capital Corp., 3.450%, 05/15/24, MTN |
2,185,000 | 2,192,818 | ||||||
John Deere Capital Corp., 1.250%, 12/02/14, MTN |
2,195,000 | 2,204,182 | ||||||
Lazard Group LLC, 4.250%, 11/14/20 |
3,178,000 | 3,329,575 | ||||||
MassMutual Global Funding LLC, 2.000%, 04/05/17(c) |
1,291,000 | 1,319,814 | ||||||
Nomura Holdings, Inc., 2.750%, 03/19/19, MTN |
1,370,000 | 1,393,698 | ||||||
PACCAR Financial Corp., 1.550%, 09/29/14, MTN |
2,900,000 | 2,909,396 | ||||||
Toyota Motor Credit Corp., 3.200%, 06/17/15, MTN |
702,000 | 721,282 | ||||||
Woodside Finance Ltd., 4.600%, 05/10/21(c) |
2,244,000 | 2,449,427 | ||||||
|
|
|||||||
20,126,445 | ||||||||
|
|
|||||||
Electric 0.7% |
||||||||
Berkshire Hathaway Energy Co., 6.125%, 04/01/36 |
1,130,000 | 1,401,017 | ||||||
Dominion Resources, Inc., 1.950%, 08/15/16 |
468,000 | 478,496 | ||||||
Exelon Generation Co. LLC, 6.200%, 10/01/17 |
1,010,000 | 1,150,728 | ||||||
FirstEnergy Transmission LLC, 5.450%, 07/15/44(c) |
3,715,000 | 3,764,016 | ||||||
|
|
|||||||
6,794,257 | ||||||||
|
|
|||||||
Electronics 0.1% |
||||||||
Thermo Fisher Scientific, Inc., 5.300%, 02/01/44 |
919,000 | 1,020,011 | ||||||
|
|
|||||||
Healthcare - Services 0.2% |
||||||||
Howard Hughes Medical Institute, 3.500%, 09/01/23 |
1,564,000 | 1,610,238 | ||||||
UnitedHealth Group, Inc., 4.250%, 03/15/43 |
728,000 | 711,452 | ||||||
|
|
|||||||
2,321,690 | ||||||||
|
|
|||||||
Insurance 1.2% |
||||||||
American International Group, Inc., 5.850%, 01/16/18, MTN |
2,601,000 | 2,969,255 | ||||||
Arch Capital Group US, Inc., 5.144%, 11/01/43 |
2,292,000 | 2,479,937 | ||||||
Berkshire Hathaway, Inc., 3.200%, 02/11/15 |
2,622,000 | 2,668,200 | ||||||
Fairfax Financial Holdings Ltd., 5.800%, 05/15/21(c) |
750,000 | 810,863 | ||||||
Nationwide Financial Services, Inc., 5.375%, 03/25/21(c) |
1,878,000 | 2,091,393 | ||||||
Reinsurance Group of America, Inc., 4.700%, 09/15/23, MTN |
1,004,000 | 1,077,099 | ||||||
|
|
|||||||
12,096,747 | ||||||||
|
|
|||||||
Media 0.4% |
||||||||
Comcast Corp., 4.650%, 07/15/42 |
1,905,000 | 1,975,083 | ||||||
Time Warner, Inc., 4.900%, 06/15/42 |
2,105,000 | 2,143,770 | ||||||
|
|
|||||||
4,118,853 | ||||||||
|
|
|||||||
Mining 1.6% |
||||||||
Barrick (PD) Australia Finance Property Ltd., 4.950%, 01/15/20 |
483,000 | 530,975 | ||||||
Barrick (PD) Australia Finance Property Ltd., 5.950%, 10/15/39 |
4,196,000 | 4,404,776 |
See Notes to Schedules of Portfolio Investments.
Barrick International Barbados Corp., 6.350%, 10/15/36(c) |
1,083,000 | 1,138,762 | ||||||
Barrick North America Finance LLC, 5.750%, 05/01/43 |
1,657,000 | 1,716,480 | ||||||
BHP Billiton Finance USA Ltd., 1.125%, 11/21/14 |
2,260,000 | 2,267,623 | ||||||
Newmont Mining Corp., 6.250%, 10/01/39 |
6,147,000 | 6,460,448 | ||||||
|
|
|||||||
16,519,064 | ||||||||
|
|
|||||||
Miscellaneous Manufacturer 0.3% |
||||||||
3M Co., 1.375%, 09/29/16 |
903,000 | 918,874 | ||||||
General Electric Co., 4.125%, 10/09/42 |
1,043,000 | 1,030,119 | ||||||
General Electric Co., 5.250%, 12/06/17 |
879,000 | 991,727 | ||||||
|
|
|||||||
2,940,720 | ||||||||
|
|
|||||||
Oil & Gas 0.5% |
||||||||
BP Capital Markets PLC, 2.248%, 11/01/16 |
1,908,000 | 1,967,251 | ||||||
Continental Resources, Inc., 3.800%, 06/01/24(c) |
1,617,000 | 1,634,472 | ||||||
Ensco PLC, 4.700%, 03/15/21 |
1,566,000 | 1,705,986 | ||||||
|
|
|||||||
5,307,709 | ||||||||
|
|
|||||||
Oil & Gas Services 0.7% |
||||||||
Schlumberger Investment SA, 3.300%, 09/14/21(c) |
1,409,000 | 1,461,492 | ||||||
Weatherford International Ltd., 5.125%, 09/15/20 |
963,000 | 1,078,593 | ||||||
Weatherford International Ltd., 5.950%, 04/15/42 |
1,706,000 | 1,934,759 | ||||||
Weatherford International Ltd., 6.500%, 08/01/36 |
1,919,000 | 2,281,035 | ||||||
|
|
|||||||
6,755,879 | ||||||||
|
|
|||||||
Pharmaceuticals 0.5% |
||||||||
Express Scripts Holding Co., 2.650%, 02/15/17 |
1,325,000 | 1,376,546 | ||||||
Mylan, Inc., 3.125%, 01/15/23(c) |
700,000 | 672,956 | ||||||
Novartis Securities Investment Ltd., 5.125%, 02/10/19 |
823,000 | 938,067 | ||||||
Teva Pharmaceutical Finance Co. LLC, 6.150%, 02/01/36 |
2,063,000 | 2,494,394 | ||||||
|
|
|||||||
5,481,963 | ||||||||
|
|
|||||||
Pipelines 1.2% |
||||||||
Access Midstream Partners LP/ACMP Finance Corp., 4.875%, 03/15/24 |
2,804,000 | 2,961,725 | ||||||
DCP Midstream Operating LP, 5.600%, 04/01/44 |
905,000 | 999,793 | ||||||
Enterprise Products Operating LLC, 4.850%, 03/15/44 |
1,798,000 | 1,855,092 | ||||||
Kinder Morgan Energy Partners LP, 5.000%, 08/15/42 |
3,168,000 | 3,149,017 | ||||||
NuStar Logistics LP, 4.800%, 09/01/20 |
2,870,000 | 2,913,050 | ||||||
|
|
|||||||
11,878,677 | ||||||||
|
|
|||||||
Real Estate Investment Trust 0.7% |
||||||||
American Tower Corp., 3.500%, 01/31/23 |
1,654,000 | 1,621,978 | ||||||
American Tower Corp., 5.000%, 02/15/24 |
2,664,000 | 2,893,445 | ||||||
Digital Realty Trust LP, 5.875%, 02/01/20(g) |
2,311,000 | 2,568,462 | ||||||
|
|
|||||||
7,083,885 | ||||||||
|
|
|||||||
Retail 0.4% |
||||||||
Wal-Mart Stores, Inc., 1.125%, 04/11/18 |
4,454,000 | 4,394,570 | ||||||
|
|
|||||||
Semiconductors 0.8% |
||||||||
Analog Devices, Inc., 3.000%, 04/15/16 |
273,000 | 283,013 | ||||||
Intel Corp., 1.950%, 10/01/16 |
1,031,000 | 1,057,945 | ||||||
Intel Corp., 4.250%, 12/15/42 |
310,000 | 303,736 | ||||||
Intel Corp., 4.800%, 10/01/41 |
3,705,000 | 3,923,621 | ||||||
TSMC Global Ltd., 1.625%, 04/03/18(c) |
2,114,000 | 2,083,218 | ||||||
|
|
|||||||
7,651,533 | ||||||||
|
|
|||||||
Software 0.3% |
||||||||
Oracle Corp., 1.200%, 10/15/17 |
1,139,000 | 1,137,476 | ||||||
Oracle Corp., 2.375%, 01/15/19 |
1,391,000 | 1,414,404 | ||||||
|
|
|||||||
2,551,880 | ||||||||
|
|
See Notes to Schedules of Portfolio Investments.
Telecommunication Services 1.5% |
| |||||||
AT&T, Inc., 2.375%, 11/27/18 |
3,089,000 | 3,140,799 | ||||||
AT&T, Inc., 4.350%, 06/15/45 |
752,000 | 712,834 | ||||||
CC Holdings GS V LLC/Crown Castle GS III Corp., 3.849%, 04/15/23 |
2,706,000 | 2,716,507 | ||||||
Cisco Systems, Inc., 2.125%, 03/01/19 |
1,792,000 | 1,805,924 | ||||||
Cisco Systems, Inc., 5.500%, 02/22/16 |
998,000 | 1,078,578 | ||||||
Verizon Communications, Inc., 6.550%, 09/15/43 |
4,829,000 | 6,077,012 | ||||||
|
|
|||||||
15,531,654 | ||||||||
|
|
|||||||
Total Corporate Bonds (Cost $214,670,083) |
|
223,910,165 | ||||||
|
|
|||||||
Municipal Bond 0.9% |
||||||||
New York 0.9% |
||||||||
Utility Debt Securitization Authority, Series T, RB, 2.937%, 06/15/23 |
8,531,000 | 8,632,945 | ||||||
|
|
|||||||
Total Municipal Bond (Cost $8,530,748) |
|
8,632,945 | ||||||
|
|
|||||||
U.S. Government Agency Mortgages 24.3% |
||||||||
Federal Home Loan Mortgage Corporation |
||||||||
Pool #J14244, 3.000%, 01/01/26 |
2,426,894 | 2,520,429 | ||||||
Pool #J14245, 3.000%, 01/01/26 |
1,291,522 | 1,341,498 | ||||||
Pool #J17791, 3.000%, 01/01/27 |
5,897,022 | 6,119,864 | ||||||
Pool #J18800, 3.000%, 04/01/27(a) |
5,572,992 | 5,784,289 | ||||||
Pool #G14517, 2.500%, 07/01/27 |
3,039,865 | 3,088,836 | ||||||
Pool #J20118, 2.500%, 08/01/27 |
2,485,720 | 2,525,764 | ||||||
Pool #G14599, 2.500%, 11/01/27 |
2,417,888 | 2,456,839 | ||||||
Pool #J21439, 2.500%, 12/01/27 |
3,198,468 | 3,249,993 | ||||||
Pool #J22899, 2.000%, 03/01/28 |
231,343 | 228,510 | ||||||
Pool #G30614, 3.500%, 12/01/32 |
5,993,282 | 6,266,804 | ||||||
Pool #A12413, 5.000%, 08/01/33 |
421,496 | 468,201 | ||||||
Pool #G05052, 5.000%, 10/01/33 |
263,171 | 291,965 | ||||||
Pool #G04918, 5.000%, 04/01/34 |
1,010,654 | 1,122,171 | ||||||
Pool #G01828, 4.500%, 04/01/35 |
57,095 | 61,945 | ||||||
Pool #G01779, 5.000%, 04/01/35 |
533,730 | 592,602 | ||||||
Pool #G01838, 5.000%, 07/01/35 |
292,158 | 324,376 | ||||||
Pool #G01837, 5.000%, 07/01/35 |
3,667,092 | 4,071,138 | ||||||
Pool #A37900, 4.500%, 09/01/35 |
478,116 | 518,589 | ||||||
Pool #A39731, 5.000%, 11/01/35 |
845,888 | 937,400 | ||||||
Pool #G05325, 4.500%, 03/01/36 |
4,562,416 | 4,953,040 | ||||||
Pool #G02069, 5.500%, 03/01/36 |
224,440 | 251,246 | ||||||
Pool #Q01807, 4.500%, 07/01/36 |
2,261,193 | 2,450,411 | ||||||
Pool #G04997, 5.000%, 01/01/37 |
1,125,757 | 1,249,070 | ||||||
Pool #Q06160, 4.000%, 02/01/37 |
749,089 | 794,651 | ||||||
Pool #G05521, 5.500%, 05/01/37 |
508,882 | 572,497 | ||||||
Pool #G05326, 5.000%, 02/01/38 |
2,272,486 | 2,521,041 | ||||||
Pool #G04337, 5.500%, 04/01/38 |
590,585 | 658,301 | ||||||
Pool #G07135, 6.000%, 10/01/38 |
3,147,577 | 3,543,858 | ||||||
Pool #G08347, 4.500%, 06/01/39 |
4,324,634 | 4,683,256 | ||||||
Pool #G08353, 4.500%, 07/01/39 |
5,249,256 | 5,684,891 | ||||||
Pool #G06079, 6.000%, 07/01/39 |
1,322,354 | 1,484,419 | ||||||
Pool #A87874, 4.000%, 08/01/39 |
1,344,347 | 1,428,374 | ||||||
Pool #A89384, 4.000%, 10/01/39 |
280,477 | 297,536 | ||||||
Pool #A89148, 4.000%, 10/01/39 |
2,007,689 | 2,129,803 | ||||||
Pool #G08372, 4.500%, 11/01/39 |
3,124,637 | 3,383,350 | ||||||
Pool #A93101, 5.000%, 07/01/40 |
1,409,120 | 1,560,914 | ||||||
Pool #G06990, 5.500%, 08/01/40 |
5,082,506 | 5,665,264 | ||||||
Pool #A93996, 4.500%, 09/01/40 |
1,245,678 | 1,349,389 | ||||||
Pool #A94362, 4.000%, 10/01/40 |
2,530,310 | 2,689,559 | ||||||
Pool #G06061, 4.000%, 10/01/40 |
3,890,282 | 4,126,902 | ||||||
Pool #A94742, 4.000%, 11/01/40 |
428,347 | 455,003 |
See Notes to Schedules of Portfolio Investments.
Pool #A95084, 4.000%, 11/01/40 |
468,724 | 503,055 | ||||||
Pool #A95085, 4.000%, 11/01/40(a) |
2,328,567 | 2,470,199 | ||||||
Pool #A95796, 4.000%, 12/01/40 |
1,730,066 | 1,835,294 | ||||||
Pool #A95822, 4.000%, 12/01/40 |
3,808,806 | 4,046,221 | ||||||
Pool #A97047, 4.500%, 02/01/41 |
552,871 | 598,616 | ||||||
Pool #Q00291, 5.000%, 04/01/41 |
452,104 | 501,727 | ||||||
Pool #Q17103, 4.000%, 06/01/41 |
493,154 | 524,674 | ||||||
Pool #G06802, 4.500%, 10/01/41 |
4,273,616 | 4,627,336 | ||||||
|
|
|||||||
109,011,110 | ||||||||
|
|
|||||||
Federal National Mortgage Association |
||||||||
Pool #AM3353, 2.450%, 05/01/23 |
715,820 | 695,820 | ||||||
Pool #AM3851, 3.020%, 07/01/23 |
902,000 | 910,652 | ||||||
Pool #AM4353, 3.740%, 09/01/23 |
989,978 | 1,058,466 | ||||||
Pool #AM5696, 3.370%, 05/01/24 |
4,072,000 | 4,236,275 | ||||||
Pool #AJ8325, 3.000%, 12/01/26 |
1,907,425 | 1,983,799 | ||||||
Pool #AL3274, 3.000%, 05/01/27 |
2,701,271 | 2,812,764 | ||||||
Pool #AP9623, 2.000%, 10/01/27 |
1,652,088 | 1,633,023 | ||||||
Pool #AB6472, 2.000%, 10/01/27 |
4,300,512 | 4,250,889 | ||||||
Pool #AB6644, 2.500%, 10/01/27 |
1,774,168 | 1,804,692 | ||||||
Pool #AL2716, 2.000%, 12/01/27 |
1,420,259 | 1,403,870 | ||||||
Pool #AB7142, 2.500%, 12/01/27 |
1,296,197 | 1,318,494 | ||||||
Pool #AB7158, 2.500%, 12/01/27 |
1,786,861 | 1,817,604 | ||||||
Pool #AR1524, 2.000%, 01/01/28 |
11,088,105 | 10,960,144 | ||||||
Pool #MA0199, 4.000%, 10/01/29 |
306,648 | 328,239 | ||||||
Pool #MA0427, 4.000%, 05/01/30 |
415,379 | 444,652 | ||||||
Pool #AB1763, 4.000%, 11/01/30 |
920,597 | 990,284 | ||||||
Pool #MA0804, 4.000%, 07/01/31 |
1,526,585 | 1,643,099 | ||||||
Pool #AB4168, 3.500%, 01/01/32 |
5,765,030 | 6,046,576 | ||||||
Pool #MA0949, 3.500%, 01/01/32 |
2,883,396 | 3,024,114 | ||||||
Pool #AK4934, 3.500%, 02/01/32 |
97,590 | 102,307 | ||||||
Pool #AP9592, 3.500%, 10/01/32 |
4,164,867 | 4,367,097 | ||||||
Pool #MA1630, 4.000%, 10/01/33 |
1,585,659 | 1,699,378 | ||||||
Pool #255458, 5.500%, 11/01/34 |
348,054 | 391,528 | ||||||
Pool #843434, 5.500%, 05/01/35 |
597,850 | 672,165 | ||||||
Pool #745044, 4.500%, 08/01/35 |
1,094,031 | 1,186,693 | ||||||
Pool #190370, 6.000%, 06/01/36 |
2,680,382 | 3,027,362 | ||||||
Pool #AI7951, 4.500%, 08/01/36 |
1,277,032 | 1,383,594 | ||||||
Pool #890547, 4.000%, 11/01/36 |
3,359,491 | 3,570,354 | ||||||
Pool #745950, 6.000%, 11/01/36 |
2,806,422 | 3,170,313 | ||||||
Pool #AJ5974, 4.000%, 12/01/36 |
699,066 | 742,944 | ||||||
Pool #995082, 5.500%, 08/01/37 |
1,703,678 | 1,914,908 | ||||||
Pool #890248, 6.000%, 08/01/37 |
596,365 | 676,037 | ||||||
Pool #889529, 6.000%, 03/01/38 |
253,028 | 284,946 | ||||||
Pool #995243, 4.500%, 08/01/38 |
2,655,269 | 2,876,839 | ||||||
Pool #AU4728, 4.000%, 09/01/38 |
2,033,446 | 2,161,078 | ||||||
Pool #930672, 4.500%, 03/01/39 |
2,041,928 | 2,233,558 | ||||||
Pool #995724, 6.000%, 04/01/39 |
2,215,496 | 2,500,579 | ||||||
Pool #AC1877, 4.500%, 09/01/39 |
1,395,142 | 1,512,243 | ||||||
Pool #AC5445, 5.000%, 11/01/39 |
1,535,872 | 1,724,108 | ||||||
Pool #AE0215, 4.000%, 12/01/39 |
1,134,362 | 1,205,561 | ||||||
Pool #932441, 4.000%, 01/01/40 |
9,044,017 | 9,611,676 | ||||||
Pool #AC9564, 4.500%, 02/01/40 |
1,123,036 | 1,227,156 | ||||||
Pool #AD1649, 4.000%, 03/01/40 |
1,212,094 | 1,288,172 | ||||||
Pool #AE0216, 4.000%, 08/01/40 |
2,615,712 | 2,779,890 | ||||||
Pool #AD8033, 4.000%, 08/01/40 |
477,450 | 507,417 | ||||||
Pool #AB1343, 4.500%, 08/01/40 |
2,544,296 | 2,784,642 | ||||||
Pool #AE4192, 4.000%, 10/01/40 |
3,605,624 | 3,835,471 | ||||||
Pool #AE4113, 4.000%, 10/01/40 |
767,613 | 815,793 | ||||||
Pool #AE0624, 4.000%, 11/01/40 |
1,700,322 | 1,807,045 |
See Notes to Schedules of Portfolio Investments.
Pool #AE4414, 4.000%, 11/01/40 |
4,174,504 | 4,436,522 | ||||||
Pool #AE5143, 4.000%, 11/01/40 |
546,639 | 580,949 | ||||||
Pool #AE9284, 4.000%, 11/01/40 |
966,390 | 1,027,046 | ||||||
Pool #AE0625, 4.000%, 12/01/40 |
1,236,072 | 1,318,706 | ||||||
Pool #AL0005, 4.500%, 01/01/41 |
1,356,507 | 1,470,203 | ||||||
Pool #AL0240, 4.000%, 04/01/41 |
2,929,884 | 3,119,003 | ||||||
Pool #AB2694, 4.500%, 04/01/41 |
1,548,919 | 1,683,835 | ||||||
Pool #AL0215, 4.500%, 04/01/41 |
6,197,108 | 6,724,929 | ||||||
Pool #AB3274, 4.500%, 07/01/41 |
4,384,433 | 4,781,758 | ||||||
Pool #AL1627, 4.500%, 09/01/41 |
308,987 | 335,467 | ||||||
|
|
|||||||
134,902,728 | ||||||||
|
|
|||||||
Total U.S. Government Agency Mortgages (Cost $237,688,214) |
|
243,913,838 | ||||||
|
|
|||||||
U.S. Treasury Obligations 33.5% |
||||||||
U.S. Treasury Bond 3.6% |
||||||||
3.625%, 02/15/44 |
33,938,000 | 35,815,179 | ||||||
|
|
|||||||
U.S. Treasury Notes 29.9% |
||||||||
0.500%, 10/15/14 |
35,800,000 | 35,844,750 | ||||||
0.875%, 02/28/17 |
101,874,000 | 102,248,081 | ||||||
1.500%, 01/31/19(h) |
60,202,000 | 60,164,374 | ||||||
2.500%, 05/15/24 |
101,406,000 | 101,263,423 | ||||||
|
|
|||||||
299,520,628 | ||||||||
|
|
|||||||
Total U.S. Treasury Obligations (Cost $333,785,233) |
|
335,335,807 | ||||||
|
|
|||||||
Foreign Government Bonds 1.1% |
||||||||
Sovereign 1.1% |
||||||||
Brazilian Government International Bond, 7.125%, 01/20/37 |
1,078,000 | 1,363,670 | ||||||
Colombia Government International Bond, 7.375%, 09/18/37 |
609,000 | 828,240 | ||||||
Indonesia Government International Bond, 6.625%, 02/17/37(c) |
2,912,000 | 3,232,320 | ||||||
Mexico Government International Bond, 5.550%, 01/21/45 |
2,752,000 | 3,130,400 | ||||||
Turkey Government International Bond, 6.875%, 03/17/36 |
1,900,000 | 2,237,250 | ||||||
|
|
|||||||
Total Foreign Government Bonds (Cost $10,082,071) |
10,791,880 | |||||||
|
|
|||||||
Short-Term Investment 0.3% |
||||||||
RidgeWorth Funds Securities Lending Joint Account(i) |
2,615,800 | 2,615,800 | ||||||
|
|
|||||||
Total Short-Term Investment (Cost $2,615,800) |
|
2,615,800 | ||||||
|
|
|||||||
Money Market Fund 4.8% |
||||||||
State Street Institutional Treasury Money Market Fund, Institutional Class, 0.00%(j) |
47,915,038 | 47,915,038 | ||||||
|
|
|||||||
Total Money Market Fund (Cost $47,915,038) |
|
47,915,038 | ||||||
|
|
|||||||
Total Investments (Cost $1,009,215,537) 102.7% |
1,028,811,146 | |||||||
Liabilities in Excess of Other Assets (2.7)% |
(27,334,319 | ) | ||||||
|
|
|||||||
Net Assets 100.0% |
$ | 1,001,476,827 | ||||||
|
|
(a) | All or a portion of this security has been purchased on a when-issued or delayed-delivery basis. |
(b) | Variable or floating rate security. Rate disclosed is as of June 30, 2014. |
(c) | Rule 144A, Section 4(2) or other security which is restricted as to resale to institutional investors. The Funds investment adviser/subadviser has deemed this security to be liquid based upon procedures approved by the Board of Trustees. These securities represent 13.4% of net assets as of June 30, 2014. |
(d) | The security does not have a stated settlement date and will receive a rate upon settling with the custodian. |
(e) | Less than 0.05% of Net Assets. |
(f) | Perpetual maturity. |
See Notes to Schedules of Portfolio Investments.
(g) | The security or a partial position of the security was on loan as of June 30, 2014. The total value of securities on loan as of June 30, 2014 was $2,561,062. |
(h) | All or a portion of this security has been segregated, or otherwise earmarked, in connection with obligations for when-issued or delayed-delivery purchase commitments. |
(i) | Purchased with cash collateral held from securities lending. The value of the collateral could include collateral held for securities that were sold on or before June 30, 2014 (See Note 2(i)). |
(j) | Rate disclosed, the 7 day net yield, is as of June 30, 2014. |
Investment Abbreviations
MTN | Medium Term Note | |
RB | Revenue Bond | |
REMIC | Real Estate Mortgage Investment Conduit |
At June 30, 2014, the Funds open credit default swap contracts were as follows:
OTC Credit Default Swap Contract Buy Protection
Underlying Instrument |
Counterparty | Notional Amount |
Fixed Rate |
Expiration Date |
Implied Credit Spread* |
Upfront Payment Made |
Value | Unrealized Depreciation |
||||||||||||||||||||||
Target Corp. |
Barclays Bank PLC | $ | 2,000,000 | 1.000 | % | 06/20/19 | 4.193 | % | $ | (58,319 | ) | $ | (58,907 | ) | $ | (588 | ) |
As the buyer of protection, the Fund pays periodic fees in return for payment by the seller which is contingent upon an adverse credit event occurring in the underlying issuer or reference entity.
OTC Credit Default Swap Contract Sell Protection
Underlying Instrument |
Counterparty | Notional Amount |
Fixed Rate |
Expiration Date |
Implied Credit Spread* |
Upfront Payment Made |
Value | Unrealized Depreciation |
||||||||||||||||||||||
Kohls Corp. |
JPMorgan | $ | 2,000,000 | 1.000 | % | 09/20/19 | 12.492 | % | $ | (19,450 | ) | $ | (24,801 | ) | $ | (5,351 | ) |
The notional amount represents the maximum potential amount the Fund could be required to pay as seller of credit protection if a credit event occurs, as defined under the terms of the swap contract, for each security included in Kohls Corp.
The value column indicates the impact each respective swap agreement has on the Funds Net Assets at June 30, 2014.
* | Implied credit spreads serve as an indicator of the current status of the payment/performance risk and represent the likelihood or risk of default for the credit derivative. The implied credit spread of a particular reference entity reflects the cost of buying/selling protection and may include upfront payments required to be made to enter into the agreement. Wider credit spreads represent a deterioration of the reference entitys credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. |
At June 30, 2014, the Funds open interest rate swap contracts were as follows:
OTC Interest Rate Swap Contracts
Counterparty |
Payments Made by Fund | Payments Received by Fund |
Notional Amount | Expiration Date |
Upfront Payment Made (Received) |
Value | Unrealized Appreciation (Depreciation) |
|||||||||||||||||
JPMorgan |
BZDIOVRA-Floating | 11.08-Fixed | BRL | 44,516,980 | 1/2/2017 | $ | | $ | (76,038 | ) | $ | (76,038 | ) | |||||||||||
JPMorgan |
BZDIOVRA-Floating | 11.76-Fixed | BRL | 18,649,146 | 1/2/2017 | | 134,363 | 134,363 | ||||||||||||||||
|
|
|
|
|
|
|||||||||||||||||||
$ | | $ | 58,325 | $ | 58,325 | |||||||||||||||||||
|
|
|
|
|
|
BRL | Brazilian Real | |
BZDIOVRA | Brazil Interbank |
See Notes to Schedules of Portfolio Investments.
The value column indicates the impact each respective swap agreement has on the Funds Net Assets at June 30, 2014.
Forward Foreign Currency Contracts
At June 30, 2014, the Funds forward foreign currency contracts were as follows:
Currency |
Counterparty | Delivery Date |
Contract Amount in Local Currency |
Contract Value in USD |
Market Value | Unrealized Appreciation (Depreciation) |
||||||||||||||||||
Short |
| |||||||||||||||||||||||
Australian Dollar |
JPMorgan | 07/28/14 | 11,184,233 | $ | 10,310,000 | $ | 10,526,572 | $ | (216,572 | ) | ||||||||||||||
Euro |
JPMorgan | 07/14/14 | 14,781,474 | 20,667,694 | 20,241,190 | 426,504 | ||||||||||||||||||
Japanese Yen |
JPMorgan | 07/07/14 | 1,166,852,200 | 11,406,637 | 11,518,638 | (112,001 | ) | |||||||||||||||||
Japanese Yen |
JPMorgan | 10/02/14 | 1,042,902,436 | 10,299,101 | 10,301,472 | (2,371 | ) | |||||||||||||||||
|
|
|
|
|
|
|||||||||||||||||||
Total Short Contracts |
$ | 52,683,432 | $ | 52,587,872 | $ | 95,560 | ||||||||||||||||||
|
|
|
|
|
|
|||||||||||||||||||
Long |
||||||||||||||||||||||||
Chilean Peso |
JPMorgan | 09/16/14 | 2,295,717,000 | $ | 4,100,227 | $ | 4,118,555 | $ | 18,328 | |||||||||||||||
Euro |
JPMorgan | 07/14/14 | 7,390,000 | 10,046,409 | 10,119,586 | 73,177 | ||||||||||||||||||
Japanese Yen |
JPMorgan | 07/07/14 | 1,166,852,200 | 11,507,155 | 11,518,638 | 11,483 | ||||||||||||||||||
Mexican Peso |
JPMorgan | 08/11/14 | 460,788,607 | 35,331,402 | 35,419,399 | 87,997 | ||||||||||||||||||
|
|
|
|
|
|
|||||||||||||||||||
Total Long Contracts |
$ | 60,985,193 | $ | 61,176,178 | $ | 190,985 | ||||||||||||||||||
|
|
|
|
|
|
See Notes to Schedules of Portfolio Investments.
SCHEDULES OF PORTFOLIO INVESTMENTS
RIDGEWORTH FUNDS June 30, 2014
(Unaudited)
Ultra-Short Bond Fund
Shares or Principal Amount($) |
Value($) | |||||||
Asset-Backed Securities 12.5% |
||||||||
Automobiles 7.8% |
||||||||
Ally Auto Receivables Trust, Series 2010-4, Cl A4, 1.350%, 12/15/15 |
436,130 | 436,787 | ||||||
AmeriCredit Automobile Receivables Trust, Series 2014-2, Cl A2A, 0.540%, 10/10/17 |
1,065,000 | 1,065,037 | ||||||
California Republic Auto Receivables Trust, Series 2014-1, Cl A3, 0.850%, 05/15/1(a) |
620,000 | 620,090 | ||||||
Ford Credit Auto Owner Trust, Series 2010-B, Cl A4, 1.580%, 09/15/15 |
28,221 | 28,259 | ||||||
Ford Credit Auto Owner Trust, Series 2011-B, Cl A4, 1.350%, 12/15/16 |
829,009 | 832,785 | ||||||
Harley-Davidson Motorcycle Trust, Series 2011-1, Cl A3, 0.960%, 05/16/16 |
46,363 | 46,373 | ||||||
Harley-Davidson Motorcycle Trust, Series 2011-2, Cl A3, 1.110%, 09/15/16 |
177,206 | 177,454 | ||||||
Honda Auto Receivables Owner Trust, Series 2013-2, Cl A3, 0.530%, 02/16/17 |
2,655,000 | 2,658,144 | ||||||
Honda Auto Receivables Owner Trust, Series 2014-1, Cl A2, 0.410%, 09/21/16 |
520,000 | 519,852 | ||||||
Hyundai Auto Receivables Trust, Series 2011-C, Cl A4, 1.300%, 02/15/18 |
1,475,000 | 1,486,434 | ||||||
Nissan Auto Receivables Owner Trust, Series 2013-A, Cl A2, 0.370%, 09/15/15 |
47,199 | 47,199 | ||||||
Volkswagen Auto Loan Enhanced Trust, Series 2012-1, Cl A3, 0.850%, 08/22/16 |
324,831 | 325,559 | ||||||
World Omni Automobile Lease Securitization Trust, Series 2012-A, Cl A3, 0.930%, 11/16/15 |
559,552 | 560,185 | ||||||
World Omni Automobile Lease Securitization Trust, Series 2013-A, Cl A2B, 0.472%, 05/16/16(b) |
2,541,147 | 2,543,363 | ||||||
|
|
|||||||
11,347,521 | ||||||||
|
|
|||||||
Credit Card 4.1% |
||||||||
American Express Credit Account Master Trust, Series 2014-2, Cl A, 1.260%, 01/15/20(c) |
1,000,000 | 999,980 | ||||||
BA Credit Card Trust, Series 2014-A2, Cl A, 0.422%, 09/16/19(b) |
1,250,000 | 1,251,059 | ||||||
Capital One Multi-Asset Execution Trust, Series 2013-A3, Cl A3, 0.960%, 09/16/19 |
1,035,000 | 1,035,129 | ||||||
Chase Issuance Trust, Series 2014-A1, Cl A1, 1.150%, 01/15/19 |
1,300,000 | 1,303,810 | ||||||
Citibank Credit Card Issuance Trust, Series 2013-A10, Cl A10, 0.730%, 02/07/18 |
1,300,000 | 1,303,203 | ||||||
|
|
|||||||
5,893,181 | ||||||||
|
|
|||||||
Other 0.2% |
||||||||
FPL Recovery Funding LLC, Series 2007-A, Cl A3, 5.127%, 08/01/17 |
294,065 | 300,755 | ||||||
|
|
|||||||
Student Loan Asset Backed Security 0.4% |
||||||||
SLM Student Loan Trust, Series 2013-5, Cl A1, 0.412%, 05/25/18(b) |
554,418 | 554,456 | ||||||
|
|
|||||||
Total Asset-Backed Securities (Cost $18,084,612) |
|
18,095,913 | ||||||
|
|
|||||||
Collateralized Mortgage Obligations 24.3% |
||||||||
Agency Collateralized Mortgage Obligations 6.0% |
||||||||
Federal Home Loan Mortgage Corporation |
||||||||
Series 3792, Cl DF, REMIC, 0.552%, 11/15/40(a)(b) |
1,702,280 | 1,710,206 | ||||||
Series 3824, Cl FA, REMIC, 0.302%, 03/15/26(b) |
832,212 | 831,119 | ||||||
|
|
|||||||
2,541,325 | ||||||||
|
|
|||||||
Federal National Mortgage Association |
||||||||
Series 2005-92, Cl UF, 0.502%, 10/25/25(b) |
203,437 | 204,214 | ||||||
Series 2007-109, Cl NF, 0.702%, 12/25/37(a)(b) |
709,274 | 714,644 | ||||||
Series 2007-54, Cl KF, 0.462%, 06/25/37(b) |
404,551 | 404,095 | ||||||
Series 2009-37, Cl HA, 4.000%, 04/25/19 |
68,540 | 71,526 | ||||||
Series 2010-134, Cl BF, 0.582%, 10/25/40(a)(b) |
879,487 | 881,180 | ||||||
Series 2011-M1, Cl FA, 0.602%, 06/25/21(a)(b) |
1,490,666 | 1,499,652 | ||||||
Series 2013-M5, Cl ASQ2, 0.595%, 08/25/15 |
1,369,188 | 1,371,899 | ||||||
|
|
|||||||
5,147,210 | ||||||||
|
|
See Notes to Schedules of Portfolio Investments.
NCUA Guaranteed Notes |
||||||||
Series 2011-R5, Cl 1A, 0.532%, 04/06/20(b) |
556,857 | 557,913 | ||||||
Series 2011-R6, Cl 1A, 0.532%, 05/07/20(b) |
474,973 | 475,461 | ||||||
|
|
|||||||
1,033,374 | ||||||||
|
|
|||||||
8,721,909 | ||||||||
|
|
|||||||
Agency Collateralized Planned Amortization Class Mortgage Obligations 0.4% |
||||||||
Federal Home Loan Mortgage Corporation |
||||||||
Series 3200, Cl FP, 0.352%, 08/15/36(b) |
332,066 | 330,388 | ||||||
|
|
|||||||
Federal National Mortgage Association |
||||||||
Series 2005-42, Cl PF, 0.352%, 05/25/35(b) |
187,199 | 187,267 | ||||||
|
|
|||||||
517,655 | ||||||||
|
|
|||||||
Commercial Mortgage Backed Securities 16.7% |
||||||||
Banc of America Commercial Mortgage, Inc. |
||||||||
Series 2004-6, Cl AJ, 4.870%, 12/10/42(a)(b) |
1,535,000 | 1,557,540 | ||||||
Series 2005-2, Cl AM, 4.913%, 07/10/43(b) |
185,000 | 191,643 | ||||||
|
|
|||||||
1,749,183 | ||||||||
|
|
|||||||
Bear Stearns Commercial Mortgage Securities Trust |
||||||||
Series 2005-PW10, Cl A4, 5.405%, 12/11/40(b) |
1,000,000 | 1,040,216 | ||||||
Series 2006-PW14, Cl A4, 5.201%, 12/11/38 |
1,715,000 | 1,862,646 | ||||||
|
|
|||||||
2,902,862 | ||||||||
|
|
|||||||
Commercial Mortgage Trust |
||||||||
Series 2005-C6, Cl A5A, 5.116%, 06/10/44(b) |
954,792 | 987,210 | ||||||
Series 2005-C6, Cl AJ, 5.209%, 06/10/44(b) |
945,000 | 981,361 | ||||||
|
|
|||||||
1,968,571 | ||||||||
|
|
|||||||
Credit Suisse Commercial Mortgage Trust |
||||||||
Series 2006-C3, Cl A3, 5.982%, 06/15/38(b) |
818,723 | 879,242 | ||||||
Series 2006-C5, Cl A3, 5.311%, 12/15/39(a) |
1,580,000 | 1,705,469 | ||||||
|
|
|||||||
2,584,711 | ||||||||
|
|
|||||||
Credit Suisse First Boston Mortgage Securities Corp. |
||||||||
Series 2005-C1, Cl A4, 5.014%, 02/15/38(b) |
404,200 | 407,345 | ||||||
|
|
|||||||
FDIC Structured Sale Guaranteed Notes |
||||||||
Series 2011-C1, Cl A, 1.840%, 04/25/31(a)(b)(d) |
229,277 | 230,058 | ||||||
|
|
|||||||
Federal National Mortgage Association |
||||||||
Series 2013-M11, Cl A, 1.500%, 01/25/18 |
2,157,491 | 2,164,054 | ||||||
|
|
|||||||
GMAC Commercial Mortgage Securities, Inc. |
||||||||
Series 2004-C3, Cl A4, 4.547%, 12/10/41 |
229,134 | 229,202 | ||||||
Series 2005-C1, Cl AM, 4.754%, 05/10/43 |
1,681,925 | 1,734,048 | ||||||
|
|
|||||||
1,963,250 | ||||||||
|
|
|||||||
JPMorgan Chase Commercial Mortgage Securities Corp. |
||||||||
Series 2005-LDP3, Cl A4A, 4.936%, 08/15/42(b) |
310,526 | 320,659 | ||||||
|
|
|||||||
JPMorgan Chase Commercial Mortgage Securities Trust |
||||||||
Series 2004-CBX, Cl A5, 4.654%, 01/12/37(a) |
349,316 | 349,159 | ||||||
Series 2005-LDP1, Cl A4, 5.038%, 03/15/46(b) |
1,050,728 | 1,058,716 | ||||||
|
|
|||||||
1,407,875 | ||||||||
|
|
See Notes to Schedules of Portfolio Investments.
LB Commercial Mortgage Trust |
||||||||
Series 1998-C4, Cl G, 5.600%, 10/15/35(d) |
84,981 | 85,308 | ||||||
|
|
|||||||
LB-UBS Commercial Mortgage Trust |
||||||||
Series 2004-C7, Cl A6, 4.786%, 10/15/29(a)(b) |
258,911 | 259,627 | ||||||
Series 2006-C7, Cl A3, 5.347%, 11/15/38 |
1,020,000 | 1,111,239 | ||||||
|
|
|||||||
1,370,866 | ||||||||
|
|
|||||||
Merrill Lynch Mortgage Trust |
||||||||
Series 2005-CKI1, Cl A6, 5.457%, 11/12/37(b) |
1,407,554 | 1,466,096 | ||||||
|
|
|||||||
Morgan Stanley Bank of America Merrill Lynch Trust |
||||||||
Series 2013-C12, Cl A1, 1.313%, 10/15/46 |
1,187,541 | 1,191,331 | ||||||
Series 2014-C14, Cl A1, 1.250%, 02/15/47 |
426,915 | 426,771 | ||||||
|
|
|||||||
1,618,102 | ||||||||
|
|
|||||||
Morgan Stanley Capital I Trust |
||||||||
Series 2006-IQ12, Cl A1A, 5.319%, 12/15/43 |
525,394 | 569,477 | ||||||
|
|
|||||||
Wachovia Bank Commercial Mortgage Trust |
||||||||
Series 2005-C20, Cl A7, 5.118%, 07/15/42(b) |
347,186 | 358,738 | ||||||
Series 2005-C21, Cl A4, 5.414%, 10/15/44(b) |
1,442,037 | 1,505,379 | ||||||
Series 2005-C22, Cl A4, 5.455%, 12/15/44(a)(b) |
1,370,000 | 1,436,681 | ||||||
|
|
|||||||
3,300,798 | ||||||||
|
|
|||||||
24,109,215 | ||||||||
|
|
|||||||
Whole Loan Collateral Mortgage Obligations 1.2% |
||||||||
Banc of America Mortgage Securities, Inc. |
||||||||
Series 2003-F, Cl 1A1, 2.498%, 07/25/33(a)(b) |
382,282 | 368,473 | ||||||
|
|
|||||||
Firstmac Mortgage Funding Trust Series |
||||||||
Series 2014-1AA, Cl A2A, 0.502%, 06/26/15(b)(d) |
1,350,000 | 1,350,000 | ||||||
|
|
|||||||
1,718,473 | ||||||||
|
|
|||||||
Total Collateralized Mortgage Obligations (Cost $35,021,863) |
|
35,067,252 | ||||||
|
|
|||||||
Corporate Bonds 54.2% |
||||||||
Advertising 0.4% |
||||||||
Omnicom Group, Inc., 5.900%, 04/15/16 |
505,000 | 548,269 | ||||||
|
|
|||||||
Auto Manufacturers 2.3% |
||||||||
Daimler Finance North America LLC, 1.085%, 08/01/18(b)(d) |
1,665,000 | 1,682,384 | ||||||
PACCAR Financial Corp., 0.830%, 12/06/18, MTN(b) |
445,000 | 449,080 | ||||||
Volkswagen Group of America Finance LLC, 1.250%, 05/23/17(d) |
455,000 | 455,321 | ||||||
Volkswagen International Finance, 0.666%, 11/18/16(b)(d) |
785,000 | 787,969 | ||||||
|
|
|||||||
3,374,754 | ||||||||
|
|
|||||||
Banks 13.9% |
||||||||
Bank of America Corp., 1.050%, 03/22/16, MTN(a)(b) |
725,000 | 730,401 | ||||||
Bank of America Corp., 5.300%, 09/30/15, Series B, MTN |
865,000 | 913,155 | ||||||
Bank of Nova Scotia, 0.428%, 02/19/15 |
405,000 | 405,496 | ||||||
Branch Banking & Trust Co., 0.550%, 09/13/16(b) |
900,000 | 896,413 | ||||||
Branch Banking & Trust Co., 0.657%, 12/01/16(b) |
1,215,000 | 1,219,065 | ||||||
Capital One Financial Corp., 0.863%, 11/06/15(b) |
740,000 | 743,611 | ||||||
Citigroup, Inc., 1.350%, 03/10/17 |
1,167,000 | 1,166,332 | ||||||
Fifth Third Bank, 0.900%, 02/26/16 |
2,020,000 | 2,025,199 | ||||||
Goldman Sachs Group, Inc. (The), 5.950%, 01/18/18 |
1,750,000 | 1,988,088 | ||||||
JPMorgan Chase & Co., 0.847%, 02/26/16, MTN(b) |
725,000 | 729,100 | ||||||
JPMorgan Chase & Co., 5.150%, 10/01/15 |
635,000 | 668,637 | ||||||
JPMorgan Chase & Co., 6.125%, 06/27/17 ) |
595,000 | 670,038 | ||||||
KeyBank NA, 0.717%, 11/25/16 b) |
1,620,000 | 1,627,718 |
See Notes to Schedules of Portfolio Investments.
KeyBank NA, 1.100%, 11/25/16 |
600,000 | 602,269 | ||||||
Morgan Stanley, 1.477%, 02/25/16(a)(b) |
720,000 | 730,061 | ||||||
Morgan Stanley, 5.375%, 10/15/15 |
780,000 | 825,909 | ||||||
PNC Funding Corp., 2.700%, 09/19/16 |
1,940,000 | 2,014,591 | ||||||
Wachovia Bank NA, 0.561%, 03/15/16, MTN(a)(b) |
1,271,000 | 1,271,908 | ||||||
Wells Fargo & Co., 1.250%, 07/20/16 |
860,000 | 867,424 | ||||||
|
|
|||||||
20,095,415 | ||||||||
|
|
|||||||
Beverages 0.9% |
||||||||
Dr. Pepper Snapple Group, Inc., 2.900%, 01/15/16 |
425,000 | 439,529 | ||||||
SABMiller Holdings, Inc., 2.450%, 01/15/17(d) |
755,000 | 778,023 | ||||||
|
|
|||||||
1,217,552 | ||||||||
|
|
|||||||
Biotechnology 1.5% |
||||||||
Gilead Sciences, Inc., 2.400%, 12/01/14 |
2,140,000 | 2,157,387 | ||||||
|
|
|||||||
Chemicals 1.4% |
||||||||
Ecolab, Inc., 2.375%, 12/08/14 |
735,000 | 741,352 | ||||||
Sherwin-Williams Co. (The), 3.125%, 12/15/14 |
1,265,000 | 1,280,492 | ||||||
|
|
|||||||
2,021,844 | ||||||||
|
|
|||||||
Commercial Services 0.4% |
||||||||
ERAC USA Finance LLC, 1.400%, 04/15/16(d) |
590,000 | 594,538 | ||||||
|
|
|||||||
Computers 0.8% |
||||||||
Apple, Inc., 1.050%, 05/05/17(a) |
340,000 | 340,459 | ||||||
Hewlett-Packard Co., 3.000%, 09/15/16(a) |
770,000 | 801,842 | ||||||
|
|
|||||||
1,142,301 | ||||||||
|
|
|||||||
Distribution/Wholesale 0.5% |
||||||||
Glencore Funding LLC, 1.387%, 05/27/16(b)(d) |
745,000 | 749,507 | ||||||
|
|
|||||||
Diversified Financial Services 4.7% |
||||||||
American Express Credit Corp., 0.737%, 07/29/16(b) |
2,154,000 | 2,167,807 | ||||||
Ford Motor Credit Co. LLC, 1.006%, 01/17/17, Series 00, MTN(a)(b) |
550,000 | 553,874 | ||||||
Ford Motor Credit Co. LLC, 5.000%, 05/15/18 |
665,000 | 739,780 | ||||||
General Electric Capital Corp., 0.877%, 07/12/16, MTN(b) |
2,010,000 | 2,028,245 | ||||||
Hyundai Capital America, 1.875%, 08/09/16(a)(d) |
570,000 | 578,387 | ||||||
Woodside Finance Ltd., 4.500%, 11/10/14(a)(d) |
665,000 | 674,185 | ||||||
|
|
|||||||
6,742,278 | ||||||||
|
|
|||||||
Electric 2.4% |
||||||||
Constellation Energy Group, Inc., 4.550%, 06/15/15 |
695,000 | 720,555 | ||||||
Duke Energy Corp., 0.611%, 04/03/17(b) |
1,010,000 | 1,013,032 | ||||||
NextEra Energy Capital Holdings, Inc., 2.600%, 09/01/15 |
621,000 | 634,472 | ||||||
Nisource Finance Corp., 5.400%, 07/15/14 |
600,000 | 601,079 | ||||||
PSEG Power LLC, 2.750%, 09/15/16 |
530,000 | 550,219 | ||||||
|
|
|||||||
3,519,357 | ||||||||
|
|
|||||||
Electronics 0.5% |
||||||||
Amphenol Corp., 4.750%, 11/15/14 |
700,000 | 710,767 | ||||||
|
|
|||||||
Food 0.4% |
||||||||
Kraft Foods Group, Inc., 1.625%, 06/04/15 |
610,000 | 616,279 | ||||||
|
|
|||||||
Healthcare - Services 3.5% |
||||||||
Aetna, Inc., 1.750%, 05/15/17 |
590,000 | 597,857 | ||||||
Providence Health & Services - Washington, 1.035%, 10/01/16(a)(b) |
1,520,000 | 1,512,996 | ||||||
UnitedHealth Group, Inc., 1.875%, 11/15/16 |
1,450,000 | 1,484,288 | ||||||
UnitedHealth Group, Inc., 4.875%, 03/15/15 |
545,000 | 562,624 | ||||||
WellPoint, Inc., 5.000%, 12/15/14 |
899,000 | 918,116 | ||||||
|
|
|||||||
5,075,881 | ||||||||
|
|
See Notes to Schedules of Portfolio Investments.
Housewares 0.4% |
| |||||||
Newell Rubbermaid, Inc., 2.000%, 06/15/15 |
520,000 | 526,627 | ||||||
|
|
|||||||
Information Technology 1.0% |
||||||||
Oracle Corp., 0.433%, 07/07/17(c) |
1,440,000 | 1,440,000 | ||||||
|
|
|||||||
Insurance 5.9% |
||||||||
Metropolitan Life Global Funding I, 0.757%, 07/15/16(b)(d) |
2,100,000 | 2,115,328 | ||||||
Metropolitan Life Global Funding I, 1.700%, 06/29/15(a)(d) |
220,000 | 222,445 | ||||||
New York Life Global Funding, 1.125%, 03/01/17(d) |
2,015,000 | 2,018,599 | ||||||
Principal Life Global Funding II, 1.125%, 02/24/17(d) |
805,000 | 802,925 | ||||||
Principal Life Global Funding II, 1.200%, 05/19/17(d) |
1,320,000 | 1,320,928 | ||||||
Prudential Covered Trust, 2.997%, 09/30/15(d) |
1,996,000 | 2,044,545 | ||||||
|
|
|||||||
8,524,770 | ||||||||
|
|
|||||||
Machinery-Diversified 0.3% |
||||||||
John Deere Capital Corp., 0.363%, 04/12/16, MTN(b) |
400,000 | 399,856 | ||||||
|
|
|||||||
Media 2.0% |
||||||||
NBCUniversal Enterprise, Inc., 0.764%, 04/15/16(b)(d) |
2,155,000 | 2,166,603 | ||||||
Viacom, Inc., 1.250%, 02/27/15 |
725,000 | 729,053 | ||||||
|
|
|||||||
2,895,656 | ||||||||
|
|
|||||||
Mining 0.5% |
||||||||
Freeport-McMoRan Copper & Gold, Inc., 2.375%, 03/15/18 |
735,000 | 745,957 | ||||||
|
|
|||||||
Oil & Gas 3.3% |
||||||||
BP Capital Markets PLC, 0.864%, 09/26/18(b) |
1,450,000 | 1,463,356 | ||||||
Devon Energy Corp., 0.681%, 12/15/15(b) |
810,000 | 813,170 | ||||||
Ensco PLC, 3.250%, 03/15/16 |
900,000 | 936,674 | ||||||
EOG Resources, Inc., 2.950%, 06/01/15 |
724,000 | 740,699 | ||||||
Marathon Oil Corp., 0.900%, 11/01/15(a) |
808,000 | 810,838 | ||||||
|
|
|||||||
4,764,737 | ||||||||
|
|
|||||||
Pharmaceuticals 2.0% |
||||||||
AbbVie, Inc., 1.200%, 11/06/15 |
1,995,000 | 2,008,470 | ||||||
McKesson Corp., 1.292%, 03/10/17 |
445,000 | 446,176 | ||||||
McKesson Corp., 2.284%, 03/15/19 |
375,000 | 376,316 | ||||||
|
|
|||||||
2,830,962 | ||||||||
|
|
|||||||
Pipelines 2.2% |
||||||||
Enbridge, Inc., 0.885%, 10/01/16(b) |
636,000 | 639,540 | ||||||
Energy Transfer Partners LP, 5.950%, 02/01/15 |
690,000 | 708,645 | ||||||
Enterprise Products Operating LLC, 3.200%, 02/01/16 |
770,000 | 799,900 | ||||||
Kinder Morgan Energy Partners LP, 3.500%, 03/01/16 |
545,000 | 567,474 | ||||||
Spectra Energy Partners LP, 2.950%, 06/15/16(a) |
488,000 | 506,313 | ||||||
|
|
|||||||
3,221,872 | ||||||||
|
|
|||||||
Real Estate Investment Trust 1.0% |
||||||||
Simon Property Group LP, 4.200%, 02/01/15 |
1,350,000 | 1,366,253 | ||||||
|
|
|||||||
Software 0.4% |
||||||||
Fiserv, Inc., 3.125%, 10/01/15 |
565,000 | 581,234 | ||||||
|
|
|||||||
Telecommunication Services 1.6% |
||||||||
American Tower Corp., 4.500%, 01/15/18(a) |
670,000 | 730,027 | ||||||
BellSouth Corp., 5.200%, 09/15/14 |
415,000 | 419,053 | ||||||
Verizon Communications, Inc., 0.631%, 06/09/17(b) |
390,000 | 390,451 | ||||||
Verizon Communications, Inc., 2.550%, 06/17/19(a) |
815,000 | 826,783 | ||||||
|
|
|||||||
2,366,314 | ||||||||
|
|
|||||||
Total Corporate Bonds (Cost $78,018,937) |
|
78,230,367 | ||||||
|
|
See Notes to Schedules of Portfolio Investments.
Municipal Bonds 2.4% |
| |||||||
New Jersey 1.2% |
||||||||
New Jersey Economic Development Authority, Series Q, RB, 1.096%, 06/15/16 |
1,755,000 | 1,752,455 | ||||||
|
|
|||||||
South Carolina 1.2% |
||||||||
South Carolina State Public Service Authority, Series D, RB, 1.251%, 06/01/16(b) |
1,690,000 | 1,700,022 | ||||||
|
|
|||||||
Total Municipal Bonds (Cost $3,447,086) |
|
3,452,477 | ||||||
|
|
|||||||
U.S. Government Agency Mortgages 7.1% |
||||||||
Federal Home Loan Mortgage Corporation |
||||||||
Pool #1Q1404, 2.354%, 01/01/37(b) |
867,852 | 923,537 | ||||||
Pool #848852, 2.420%, 08/01/37(b) |
1,272,406 | 1,351,734 | ||||||
|
|
|||||||
2,275,271 | ||||||||
|
|
|||||||
Federal National Mortgage Association |
||||||||
Pool #745935, 5.683%, 08/01/16 |
1,570,265 | 1,686,847 | ||||||
Pool #745889, 5.970%, 08/01/16 |
282,052 | 305,430 | ||||||
Pool #469408, 0.901%, 11/01/18(a)(b) |
2,766,278 | 2,762,111 | ||||||
Pool #995542, 2.247%, 02/01/36(a)(b) |
411,189 | 437,343 | ||||||
Pool #AL0968, 2.352%, 12/01/36(b) |
368,346 | 392,544 | ||||||
Pool #AD0380, 2.296%, 10/01/37(a)(b) |
565,526 | 600,622 | ||||||
Pool #AL0966, 2.365%, 11/01/37(b) |
436,999 | 465,268 | ||||||
Pool #AL0967, 2.323%, 04/01/38(b) |
582,568 | 620,838 | ||||||
Pool #889807, 2.294%, 08/01/38(b) |
657,861 | 704,866 | ||||||
|
|
|||||||
7,975,869 | ||||||||
|
|
|||||||
Total U.S. Government Agency Mortgages (Cost $10,054,868) |
|
10,251,140 | ||||||
|
|
|||||||
Money Market Fund 0.5% |
||||||||
State Street Institutional U.S. Government Money Market Fund, Institutional Class, 0.00%(e) |
633,405 | 633,405 | ||||||
|
|
|||||||
Total Money Market Fund (Cost $633,405) |
|
633,405 | ||||||
|
|
|||||||
Total Investments (Cost $145,260,771) 101.0% |
145,730,554 | |||||||
Liabilities in Excess of Other Assets (1.0)% |
(1,404,678 | ) | ||||||
|
|
|||||||
Net Assets 100.0% |
$ | 144,325,876 | ||||||
|
|
(a) | All or a portion of this security has been segregated, or otherwise earmarked, in connection with obligations for when-issued or delayed-delivery purchase commitments. |
(b) | Variable or floating rate security. Rate disclosed is as of June 30, 2014. |
(c) | All or a portion of this security has been purchased on a when-issued or delayed-delivery basis. |
(d) | Rule 144A, Section 4(2) or other security which is restricted as to resale to institutional investors. The Funds investment adviser/subadviser has deemed this security to be liquid based upon procedures approved by the Board of Trustees. These securities represent 12.9% of net assets as of June 30, 2014. |
(e) | Rate disclosed, the 7 day net yield, is as of June 30, 2014. |
Investment Abbreviations
MTN | Medium Term Note | |
RB | Revenue Bond | |
REMIC | Real Estate Mortgage Investment Conduit |
See Notes to Schedules of Portfolio Investments.
Open Futures Contracts
At June 30, 2014, the Funds open futures contracts were as follows:
Description |
Position | Notional Amount |
Expiration Month |
Contracts | Unrealized Depreciation |
|||||||||||||
U.S. Treasury 5 Year Note |
Short | $ | (4,771,475 | ) | September 2014 | 40 | $ | (6,962 | ) | |||||||||
|
|
See Notes to Schedules of Portfolio Investments.
SCHEDULES OF PORTFOLIO INVESTMENTS
RIDGEWORTH FUNDS June 30, 2014
(Unaudited)
U.S. Government Securities Fund
Shares or Principal Amount($) |
Value($) | |||||||
U.S. Treasury Obligations 98.5% |
||||||||
U.S. Treasury Bonds 22.2% |
||||||||
7.125%, 02/15/23 |
1,551,000 | 2,136,382 | ||||||
6.000%, 02/15/26 |
226,000 | 302,063 | ||||||
4.500%, 02/15/36 |
932,000 | 1,131,943 | ||||||
3.625%, 02/15/44 |
986,000 | 1,040,538 | ||||||
|
|
|||||||
4,610,926 | ||||||||
|
|
|||||||
U.S. Treasury Notes 76.3% |
||||||||
0.375%, 11/15/15 |
1,402,000 | 1,405,177 | ||||||
0.500%, 06/15/16 |
3,465,000 | 3,469,331 | ||||||
1.000%, 03/31/17 |
3,080,000 | 3,098,289 | ||||||
0.750%, 03/31/18 |
4,190,000 | 4,116,675 | ||||||
1.500%, 01/31/19 |
1,830,000 | 1,828,856 | ||||||
2.625%, 08/15/20 |
1,850,000 | 1,925,156 | ||||||
|
|
|||||||
15,843,484 | ||||||||
|
|
|||||||
Total U.S. Treasury Obligations (Cost $20,155,485) |
|
20,454,410 | ||||||
|
|
|||||||
Money Market Fund 2.2% |
||||||||
State Street Institutional Treasury Money Market Fund, Institutional Class, 0.00%(a) |
461,361 | 461,361 | ||||||
|
|
|||||||
Total Money Market Fund (Cost $461,361) |
|
461,361 | ||||||
|
|
|||||||
Total Investments (Cost $20,616,846) 100.7% |
20,915,771 | |||||||
Liabilities in Excess of Other Assets (0.7)% |
(142,307 | ) | ||||||
|
|
|||||||
Net Assets 100.0% |
$ | 20,773,464 | ||||||
|
|
(a) | Rate disclosed, the 7 day net yield, is as of June 30, 2014. |
See Notes to Schedules of Portfolio Investments.
SCHEDULES OF PORTFOLIO INVESTMENTS
RIDGEWORTH FUNDS June 30, 2014
(Unaudited)
U.S. Government Securities Ultra-Short Bond Fund
Shares or Principal Amount($) |
Value($) | |||||||
Asset-Backed Security 0.1% |
||||||||
Student Loan Asset Backed Security 0.1% |
||||||||
SMS Student Loan Trust, Series 1999-B, Cl A2, 0.468%, 04/30/29 (a) |
1,414,421 | 1,412,991 | ||||||
|
|
|||||||
Total Asset-Backed Security (Cost $1,411,475) |
|
1,412,991 | ||||||
|
|
|||||||
Collateralized Mortgage Obligations 32.4% |
||||||||
Agency Collateralized Mortgage Obligations 18.4% |
||||||||
Federal Home Loan Bank |
||||||||
Series Y2-2015, Cl 1, 2.600%, 04/20/15 |
2,063,251 | 2,092,686 | ||||||
|
|
|||||||
Federal Home Loan Mortgage Corporation |
||||||||
Series 3000, Cl FG, 0.452%, 07/15/25(a) |
2,479,880 | 2,484,579 | ||||||
Series 3065, Cl DF, REMIC, 0.532%, 04/15/35(a) |
36,910,681 | 36,963,722 | ||||||
Series 3135, Cl FC, 0.452%, 04/15/26(a) |
2,807,063 | 2,813,262 | ||||||
Series 3264, Cl FB, 0.522%, 01/15/37(a) |
1,565,593 | 1,565,798 | ||||||
Series 3320, Cl FC, 0.322%, 05/15/37(a)(b) |
5,661,598 | 5,656,876 | ||||||
Series 3450, Cl AF, 0.862%, 05/15/38(a)(b) |
1,842,943 | 1,865,948 | ||||||
Series 3511, Cl FA, 1.152%, 02/15/39(a)(b) |
6,752,712 | 6,918,322 | ||||||
Series 3574, Cl MA, 4.000%, 09/15/21 |
1,624,019 | 1,655,023 | ||||||
Series 3593, Cl F, 0.652%, 03/15/36(a) |
5,422,269 | 5,490,590 | ||||||
Series 3792, Cl DF, REMIC, 0.552%, 11/15/40(a) |
3,949,951 | 3,968,342 | ||||||
Series 3812, Cl BE, 2.750%, 09/15/18 |
4,658,147 | 4,796,419 | ||||||
Series 3824, Cl FA, REMIC, 0.302%, 03/15/26(a) |
12,735,073 | 12,718,339 | ||||||
Series 3838, Cl LE, REMIC, 3.500%, 04/15/22 |
6,565,728 | 6,850,155 | ||||||
Series K501, Cl A1, 1.337%, 06/25/16 |
1,681,335 | 1,695,663 | ||||||
|
|
|||||||
95,443,038 | ||||||||
|
|
|||||||
Federal National Mortgage Association |
||||||||
Series 2005-92, Cl UF, 0.502%, 10/25/25(a) |
2,421,549 | 2,430,797 | ||||||
Series 2006-84, Cl FQ, 0.702%, 09/25/36(a)(b) |
2,890,907 | 2,912,239 | ||||||
Series 2007-102, Cl FA, 0.722%, 11/25/37(a)(b) |
3,855,853 | 3,889,688 | ||||||
Series 2007-109, Cl NF, 0.702%, 12/25/37(a)(b) |
9,724,561 | 9,798,186 | ||||||
Series 2007-2, Cl FM, 0.402%, 02/25/37(a) |
1,812,576 | 1,809,010 | ||||||
Series 2007-30, Cl WF, 0.392%, 04/25/37(a) |
10,933,396 | 10,903,100 | ||||||
Series 2007-54, Cl KF, 0.462%, 06/25/37(a) |
5,222,389 | 5,216,493 | ||||||
Series 2007-88, CI JF, 0.702%, 04/25/37(a)(b) |
6,845,515 | 6,891,927 | ||||||
Series 2009-37, Cl HA, 4.000%, 04/25/19 |
179,544 | 187,367 | ||||||
Series 2010-134, Cl BF, 0.582%, 10/25/40(a) |
9,448,899 | 9,467,088 | ||||||
Series 2010-42, Cl AF, 0.752%, 05/25/40(a) |
5,681,481 | 5,728,240 | ||||||
Series 2011-38, Cl AH, 2.750%, 05/25/20 |
3,662,053 | 3,769,428 | ||||||
Series 2011-M1, Cl FA, 0.602%, 06/25/21(a)(b) |
31,954,076 | 32,146,696 | ||||||
Series 2012-142, Cl AC, REMIC, 2.000%, 12/25/42 |
9,645,132 | 9,556,657 | ||||||
Series 2012-M11, Cl FA, 0.674%, 08/25/19(a) |
10,180,323 | 10,218,530 | ||||||
Series 2012-M9, Cl ASQ2, 1.513%, 12/25/17 |
4,835,081 | 4,865,977 | ||||||
Series 3726, Cl DE, REMIC, 1.500%, 08/15/20 |
3,099,243 | 3,130,924 | ||||||
|
|
|||||||
122,922,347 | ||||||||
|
|
|||||||
Mortgage-Linked Amortizing Notes |
||||||||
Series 2012-1, Cl A10, 2.060%, 01/15/22 |
8,906,658 | 8,978,018 | ||||||
|
|
See Notes to Schedules of Portfolio Investments.
NCUA Guaranteed Notes |
||||||||
Series 2010-C1, Cl A1, 1.600%, 10/29/20 |
4,529,059 | 4,555,518 | ||||||
Series 2010-R1, Cl 1A, 0.602%, 10/07/20(a) |
23,212,645 | 23,337,482 | ||||||
Series 2010-R1, Cl 2A, 1.840%, 10/07/20 |
6,628,411 | 6,689,385 | ||||||
Series 2011-C1, Cl 2A, 0.682%, 03/09/21(a)(b) |
20,959,443 | 21,073,379 | ||||||
Series 2011-R1, Cl 1A, 0.602%, 01/08/20(a) |
15,169,873 | 15,245,222 | ||||||
Series 2011-R2, Cl 1A, 0.552%, 02/06/20(a) |
19,413,961 | 19,479,425 | ||||||
Series 2011-R4, Cl 1A, 0.532%, 03/06/20(a) |
16,146,714 | 16,185,918 | ||||||
Series 2011-R6, Cl 1A, 0.532%, 05/07/20(a) |
330 | 331 | ||||||
|
|
|||||||
106,566,660 | ||||||||
|
|
|||||||
336,002,749 | ||||||||
|
|
|||||||
Agency Collateralized Planned Amortization Class Mortgage Obligations 2.5% |
||||||||
Federal Home Loan Mortgage Corporation |
||||||||
Series 3200, Cl FP, 0.352%, 08/15/36(a)(b) |
4,918,000 | 4,893,145 | ||||||
Series 3925, Cl FD, REMIC, 0.602%, 07/15/40(a) |
3,286,105 | 3,298,293 | ||||||
|
|
|||||||
8,191,438 | ||||||||
|
|
|||||||
Federal National Mortgage Association |
||||||||
Series 2003-73, Cl DF, 0.602%, 10/25/32(a) |
2,015,296 | 2,024,012 | ||||||
Series 2005-42, Cl PF, 0.352%, 05/25/35(a) |
2,661,527 | 2,662,499 | ||||||
Series 2005-57, Cl EG, 0.452%, 03/25/35(a) |
2,245,429 | 2,248,640 | ||||||
Series 2006-123, Cl PF, 0.412%, 01/25/37(a)(b) |
8,115,389 | 8,087,813 | ||||||
Series 2006-79, Cl GF, 0.552%, 08/25/36(a)(b) |
17,997,494 | 18,024,364 | ||||||
Series 2008-24, Cl PF, REMIC, 0.802%, 02/25/38(a) |
3,618,034 | 3,660,239 | ||||||
|
|
|||||||
36,707,567 | ||||||||
|
|
|||||||
Government National Mortgage Association |
||||||||
Series 2009-69, Cl PV, REMIC, 4.000%, 08/20/39 |
1,565,837 | 1,661,588 | ||||||
|
|
|||||||
46,560,593 | ||||||||
|
|
|||||||
Agency Collateralized Support Mortgage Obligation 0.0%(c) |
||||||||
Federal National Mortgage Association |
||||||||
Series 1994-22, Cl F, REMIC, 1.352%, 01/25/24(a) |
495,190 | 509,240 | ||||||
|
|
|||||||
Commercial Mortgage Backed Securities 11.5% |
||||||||
FDIC Structured Sale Guaranteed Notes |
||||||||
Series 2011-C1, Cl A, 1.840%, 04/25/31(a)(b)(d) |
4,852,384 | 4,868,901 | ||||||
|
|
|||||||
Federal Home Loan Mortgage Corporation |
||||||||
Series K003, Cl A3, 4.324%, 12/25/15 |
72,553 | 75,916 | ||||||
Series K502, Cl A2, 1.426%, 08/25/17 |
50,000 | 50,422 | ||||||
Series K701, Cl A1, 2.776%, 06/25/17 |
44,593 | 45,923 | ||||||
Series K705, Cl A1, 1.626%, 07/25/18 |
2,680,851 | 2,720,707 | ||||||
Series KF02, Cl A1, 0.532%, 07/25/20(a) |
18,103,546 | 18,169,516 | ||||||
Series KF02, Cl A2, 0.702%, 07/25/20(a) |
9,051,773 | 9,146,047 | ||||||
Series KF02, Cl A3, 0.782%, 07/25/20(a) |
9,051,773 | 9,063,405 | ||||||
Series KF03, Cl A, 0.492%, 01/25/21(a) |
5,993,257 | 5,997,997 | ||||||
|
|
|||||||
45,269,933 | ||||||||
|
|
|||||||
Federal National Mortgage Association |
||||||||
Series 2009-M1, Cl A1, 3.400%, 07/25/19 |
5,522,902 | 5,738,732 | ||||||
Series 2010-M4, Cl A1, 2.520%, 06/25/20 |
554,742 | 560,834 | ||||||
Series 2012-M13, Cl ASQ2, 1.246%, 08/25/17 |
142,444 | 143,255 | ||||||
Series 2012-M14, Cl ASQ2, 1.114%, 02/25/17 |
54,883 | 55,095 | ||||||
Series 2012-M17, Cl ASQ2, 0.953%, 11/25/15 |
20,383,983 | 20,506,144 | ||||||
Series 2013-M1, Cl ASQ2, 1.074%, 11/25/16 |
19,205,892 | 19,341,447 | ||||||
Series 2013-M11, Cl A, 1.500%, 01/25/18 |
9,653,204 | 9,682,569 | ||||||
Series 2013-M12, Cl A, 1.532%, 10/25/17 |
37,792,055 | 38,231,501 |
See Notes to Schedules of Portfolio Investments.
Series 2013-M13, Cl FA, 0.502%, 05/25/18(a) |
24,036,573 | 24,097,433 | ||||||
Series 2013-M14, Cl FA, 0.502%, 08/25/18(a) |
27,039,298 | 27,153,350 | ||||||
Series 2013-M3, Cl ASQ2, 1.083%, 02/25/16 |
88,216 | 88,807 | ||||||
Series 2013-M4, Cl ASQ2, 1.451%, 02/25/18 |
74,749 | 74,985 | ||||||
Series 2013-M7, Cl ASQ2, 1.233%, 03/26/18 |
117,579 | 118,043 | ||||||
Series 2014-M3, Cl ASQ2, 0.558%, 03/25/16 |
11,200,000 | 11,201,624 | ||||||
Series 2014-M4, Cl ASQ2, 1.272%, 01/25/17 |
3,429,273 | 3,460,929 | ||||||
|
|
|||||||
160,454,748 | ||||||||
|
|
|||||||
210,593,582 | ||||||||
|
|
|||||||
Total Collateralized Mortgage Obligations (Cost $591,333,336) |
|
593,666,164 | ||||||
|
|
|||||||
U.S. Government Agency Mortgages 66.1% |
||||||||
Federal Home Loan Mortgage Corporation |
||||||||
Pool #972122, 2.100%, 06/01/33(a) |
35,234 | 36,371 | ||||||
Pool #847615, 2.537%, 07/01/33(a)(b) |
5,748,364 | 6,102,911 | ||||||
Pool #781028, 2.349%, 11/01/33(a) |
3,006,785 | 3,208,301 | ||||||
Pool #1B8683, 2.468%, 04/01/34(a)(b) |
17,079,923 | 18,201,422 | ||||||
Pool #848744, 2.366%, 05/01/34(a) |
23,370,214 | 24,823,069 | ||||||
Pool #847498, 2.462%, 06/01/34(a) |
95,484 | 101,697 | ||||||
Pool #847308, 2.451%, 07/01/34(a) |
195,161 | 207,654 | ||||||
Pool #1B1889, 2.520%, 07/01/34(a)(b) |
21,984,598 | 23,427,274 | ||||||
Pool #847991, 2.350%, 03/01/35(a) |
11,720,393 | 12,498,851 | ||||||
Pool #848736, 2.371%, 05/01/35(a)(b) |
37,325,880 | 39,556,492 | ||||||
Pool #1H1484, 2.090%, 06/01/35(a) |
154,010 | 162,510 | ||||||
Pool #848797, 2.398%, 07/01/35(a) |
4,942,599 | 5,242,673 | ||||||
Pool #1L0256, 2.375%, 11/01/35(a)(b) |
4,997,583 | 5,340,989 | ||||||
Pool #1Q0025, 2.400%, 02/01/36(a) |
4,460,687 | 4,744,129 | ||||||
Pool #1H2602, 2.350%, 03/01/36(a) |
4,626,352 | 4,931,529 | ||||||
Pool #1N0169, 1.996%, 07/01/36(a) |
696,032 | 734,023 | ||||||
Pool #1Q1407, 2.373%, 07/01/36(a)(b) |
13,486,538 | 14,419,030 | ||||||
Pool #848747, 2.448%, 07/01/36(a) |
22,129,582 | 23,587,945 | ||||||
Pool #848795, 2.441%, 10/01/36(a) |
2,253,694 | 2,398,570 | ||||||
Pool #848569, 2.373%, 11/01/36(a)(b) |
18,665,320 | 19,890,586 | ||||||
Pool #848133, 2.375%, 11/01/36(a) |
1,595,642 | 1,702,817 | ||||||
Pool #1G2585, 2.850%, 12/01/36(a) |
170,335 | 182,594 | ||||||
Pool #1Q1404, 2.354%, 01/01/37(a) |
16,609,284 | 17,675,023 | ||||||
Pool #1J0331, 2.571%, 03/01/37(a) |
715,972 | 769,159 | ||||||
Pool #1Q1195, 2.192%, 05/01/37(a)(b) |
20,004,327 | 21,138,823 | ||||||
Pool #848796, 2.393%, 05/01/37(a)(b) |
38,266,022 | 40,682,308 | ||||||
Pool #1Q1282, 2.137%, 07/01/37(a) |
4,629,595 | 4,923,650 | ||||||
Pool #1N1664, 2.395%, 07/01/37(a) |
5,520,037 | 5,905,355 | ||||||
Pool #1J0533, 2.570%, 07/01/37(a) |
32,904 | 35,179 | ||||||
Pool #848852, 2.420%, 08/01/37(a) |
27,185,260 | 28,880,114 | ||||||
Pool #1Q0652, 2.331%, 02/01/38(a) |
2,871,163 | 3,065,096 | ||||||
Pool #1Q1405, 2.397%, 04/01/39(a) |
5,378,794 | 5,725,479 | ||||||
Pool #1Q1420, 2.470%, 09/01/39(a) |
23,163,899 | 24,783,465 | ||||||
Pool #1B4755, 3.526%, 06/01/40(a)(b) |
5,732,523 | 6,110,675 | ||||||
|
|
|||||||
371,195,763 | ||||||||
|
|
|||||||
Federal National Mortgage Association |
||||||||
Pool #735028, 5.856%, 09/01/14 |
1,338,787 | 1,336,394 | ||||||
Pool #735387, 4.909%, 04/01/15 |
103,401 | 104,928 | ||||||
Pool #735953, 5.138%, 08/01/15 |
14,055 | 14,527 | ||||||
Pool #462011, 5.155%, 08/01/15 |
127,657 | 130,486 | ||||||
Pool #465821, 2.900%, 09/01/15 |
1,031,284 | 1,049,327 | ||||||
Pool #387590, 4.900%, 09/01/15 |
1,930,979 | 1,998,309 | ||||||
Pool #462018, 5.365%, 09/01/15 |
424,967 | 436,321 | ||||||
Pool #466534, 2.040%, 11/01/15 |
1,295,000 | 1,300,553 |
See Notes to Schedules of Portfolio Investments.
Pool #745100, 4.846%, 11/01/15 |
6,692,208 | 6,925,936 | ||||||
Pool #462085, 5.315%, 11/01/15 |
4,620,547 | 4,819,525 | ||||||
Pool #387740, 5.245%, 12/01/15 |
1,138,054 | 1,194,163 | ||||||
Pool #467123, 2.760%, 01/01/16 |
12,500,000 | 12,771,191 | ||||||
Pool #467141, 2.780%, 01/01/16 |
6,731,863 | 6,889,679 | ||||||
Pool #467080, 3.090%, 01/01/16 |
15,270,000 | 15,624,418 | ||||||
Pool #467200, 3.360%, 01/01/16 |
4,741,425 | 4,741,254 | ||||||
Pool #745504, 5.133%, 02/01/16 |
3,627,074 | 3,807,075 | ||||||
Pool #745530, 5.273%, 04/01/16 |
125,217 | 132,594 | ||||||
Pool #467607, 3.090%, 05/01/16 |
4,840,559 | 4,985,176 | ||||||
Pool #995887, 4.500%, 05/01/16 |
23,233 | 24,349 | ||||||
Pool #745727, 5.261%, 05/01/16 |
4,651,629 | 4,853,201 | ||||||
Pool #468647, 2.260%, 07/01/16(b) |
17,930,000 | 18,374,827 | ||||||
Pool #462237, 5.525%, 07/01/16 |
154,839 | 168,534 | ||||||
Pool #745764, 5.732%, 07/01/16 |
11,386,374 | 12,336,866 | ||||||
Pool #468795, 2.470%, 08/01/16 |
15,200,000 | 15,634,586 | ||||||
Pool #463420, 4.050%, 09/01/16 |
6,272,948 | 6,339,656 | ||||||
Pool #888015, 5.537%, 11/01/16 |
519,973 | 562,494 | ||||||
Pool #469673, 2.080%, 12/01/16 |
5,182,950 | 5,302,785 | ||||||
Pool #469807, 2.250%, 12/01/16 |
66,764 | 68,672 | ||||||
Pool #874196, 5.360%, 12/01/16 |
730,000 | 797,747 | ||||||
Pool #470340, 2.090%, 01/01/17 |
4,452,522 | 4,561,507 | ||||||
Pool #735745, 5.012%, 01/01/17 |
513,275 | 522,469 | ||||||
Pool #464600, 3.735%, 02/01/17 |
936,547 | 987,948 | ||||||
Pool #470775, 2.300%, 03/01/17 |
57,623 | 59,362 | ||||||
Pool #471016, 1.700%, 04/01/17 |
50,000 | 50,947 | ||||||
Pool #874903, 5.520%, 05/01/17 |
961,415 | 1,059,102 | ||||||
Pool #889232, 5.495%, 06/01/17 |
2,989,596 | 3,286,596 | ||||||
Pool #466009, 2.840%, 09/01/17 |
1,029,175 | 1,078,019 | ||||||
Pool #466487, 2.770%, 11/01/17 |
2,155,203 | 2,252,913 | ||||||
Pool #888969, 5.932%, 11/01/17 |
3,031,670 | 3,432,598 | ||||||
Pool #467010, 3.520%, 01/01/18 |
5,601,763 | 5,983,613 | ||||||
Pool #385912, 5.350%, 02/01/18 |
5,812,428 | 6,482,694 | ||||||
Pool #467288, 2.800%, 03/01/18 |
1,614,102 | 1,691,820 | ||||||
Pool #AM3464, 1.180%, 05/01/18 |
17,165,000 | 17,305,312 | ||||||
Pool #AM3462, 1.360%, 05/01/18 |
11,733,831 | 11,684,628 | ||||||
Pool #AL0561, 3.743%, 06/01/18 |
19,692,825 | 21,304,904 | ||||||
Pool #469334, 0.581%, 10/01/18(a) |
5,000,000 | 4,990,536 | ||||||
Pool #469482, 0.981%, 10/01/18(a) |
13,339,191 | 13,319,068 | ||||||
Pool #469408, 0.901%, 11/01/18(a)(b) |
37,819,043 | 37,762,068 | ||||||
Pool #466263, 2.970%, 11/01/18 |
6,097,883 | 6,383,375 | ||||||
Pool #AM6261, 0.372%, 07/01/19(a)(e) |
15,370,000 | 15,370,000 | ||||||
Pool #466804, 0.731%, 12/01/20(a) |
13,370,000 | 13,353,376 | ||||||
Pool #470556, 0.851%, 12/01/20(a) |
21,070,000 | 21,044,247 | ||||||
Pool #469856, 0.941%, 12/01/21(a)(b) |
17,690,000 | 17,663,268 | ||||||
Pool #AM0400, 0.631%, 08/01/22(a) |
17,500,000 | 17,468,453 | ||||||
Pool #AM1102, 0.446%, 10/01/22(a) |
26,750,000 | 26,662,046 | ||||||
Pool #AM1444, 0.416%, 11/01/22(a) |
12,807,694 | 12,765,589 | ||||||
Pool #AM1796, 0.451%, 12/01/22(a) |
19,307,305 | 19,245,729 | ||||||
Pool #AM2292, 0.501%, 01/01/23(a) |
36,689,123 | 36,637,664 | ||||||
Pool #AM2923, 0.491%, 04/01/23(a) |
17,335,000 | 17,291,743 | ||||||
Pool #733703, 2.258%, 08/01/33(a) |
2,707,927 | 2,886,729 | ||||||
Pool #725126, 2.625%, 12/01/33(a) |
2,254,372 | 2,410,932 | ||||||
Pool #793025, 1.928%, 07/01/34(a) |
840,522 | 897,916 | ||||||
Pool #AL0222, 2.319%, 07/01/34(a) |
14,037,737 | 14,940,356 | ||||||
Pool #794939, 1.760%, 10/01/34(a) |
27,103 | 28,201 | ||||||
Pool #745707, 2.311%, 12/01/34(a) |
10,108,362 | 10,769,530 | ||||||
Pool #810896, 1.899%, 01/01/35(a) |
41,271 | 43,486 | ||||||
Pool #AD0064, 1.935%, 01/01/35(a) |
14,033,612 | 14,790,329 | ||||||
Pool #809384, 2.215%, 01/01/35(a) |
389,490 | 392,667 |
See Notes to Schedules of Portfolio Investments.
Pool #805338, 2.260%, 01/01/35(a) |
145,786 | 146,507 | ||||||
Pool #813718, 2.298%, 01/01/35(a) |
10,626,905 | 11,317,585 | ||||||
Pool #809324, 1.980%, 02/01/35(a) |
11,245 | 11,976 | ||||||
Pool #809772, 2.285%, 02/01/35(a)(b) |
282,840 | 284,679 | ||||||
Pool #814686, 2.100%, 03/01/35(a) |
196,412 | 197,498 | ||||||
Pool #735545, 2.466%, 03/01/35(a) |
3,535,319 | 3,779,679 | ||||||
Pool #AD7165, 1.908%, 04/01/35(a) |
2,283,022 | 2,390,804 | ||||||
Pool #995609, 2.498%, 04/01/35(a) |
2,627,868 | 2,810,566 | ||||||
Pool #822302, 2.455%, 05/01/35(a) |
4,819,089 | 5,142,181 | ||||||
Pool #735766, 2.254%, 07/01/35(a) |
758,209 | 808,032 | ||||||
Pool #735810, 2.763%, 08/01/35(a) |
1,365,670 | 1,461,658 | ||||||
Pool #817467, 1.912%, 09/01/35(a) |
3,135,814 | 3,343,349 | ||||||
Pool #829334, 2.308%, 09/01/35(a) |
61,623 | 65,480 | ||||||
Pool #AL0505, 2.308%, 11/01/35(a) |
12,211,028 | 12,975,258 | ||||||
Pool #AD0377, 1.949%, 01/01/36(a) |
2,887,489 | 3,081,713 | ||||||
Pool #888722, 2.181%, 01/01/36(a) |
2,605,296 | 2,764,701 | ||||||
Pool #995540, 2.290%, 01/01/36(a)(b) |
8,786,926 | 9,355,324 | ||||||
Pool #995542, 2.247%, 02/01/36(a) |
4,868,481 | 5,178,145 | ||||||
Pool #888782, 2.325%, 03/01/36(a) |
2,009,517 | 2,130,203 | ||||||
Pool #AE0329, 2.246%, 06/01/36(a) |
1,730,697 | 1,841,587 | ||||||
Pool #AL2202, 2.345%, 06/01/36(a) |
12,243,698 | 13,062,175 | ||||||
Pool #AL0854, 2.385%, 06/01/36(a) |
7,636,904 | 8,123,319 | ||||||
Pool #AL1535, 2.545%, 06/01/36(a)(b) |
20,757,093 | 22,213,200 | ||||||
Pool #888859, 2.350%, 10/01/36(a)(b) |
951,167 | 1,011,555 | ||||||
Pool #AA3517, 2.200%, 11/01/36(a) |
7,112,973 | 7,563,460 | ||||||
Pool #917290, 2.305%, 11/01/36(a) |
3,623,580 | 3,856,763 | ||||||
Pool #903166, 2.400%, 11/01/36(a) |
2,971,578 | 3,179,699 | ||||||
Pool #AL0968, 2.352%, 12/01/36(a) |
19,272,827 | 20,538,940 | ||||||
Pool #905857, 2.425%, 12/01/36(a) |
137,122 | 146,371 | ||||||
Pool #906216, 2.292%, 01/01/37(a) |
2,373,315 | 2,533,108 | ||||||
Pool #888180, 2.319%, 01/01/37(a) |
3,101,770 | 3,290,879 | ||||||
Pool #535990, 2.376%, 04/01/37(a) |
583,010 | 623,743 | ||||||
Pool #AA3518, 2.197%, 05/01/37(a) |
8,658,676 | 9,144,348 | ||||||
Pool #AL0872, 1.912%, 07/01/37(a) |
4,646,809 | 4,947,228 | ||||||
Pool #AL0960, 2.336%, 07/01/37(a)(b) |
19,334,024 | 20,475,247 | ||||||
Pool #AL1306, 2.304%, 09/01/37(a) |
8,239,642 | 8,788,597 | ||||||
Pool #AE0427, 2.248%, 10/01/37(a) |
8,053,861 | 8,604,970 | ||||||
Pool #AD0380, 2.296%, 10/01/37(a) |
10,757,922 | 11,425,535 | ||||||
Pool #AE0332, 2.279%, 11/01/37(a) |
6,814,708 | 7,282,809 | ||||||
Pool #AL0966, 2.365%, 11/01/37(a) |
6,936,497 | 7,385,198 | ||||||
Pool #AL0967, 2.323%, 04/01/38(a) |
18,458,666 | 19,671,252 | ||||||
Pool #AL0270, 2.270%, 08/01/38(a) |
16,734,344 | 17,819,774 | ||||||
Pool #889807, 2.294%, 08/01/38(a) |
9,731,960 | 10,427,319 | ||||||
Pool #AE0107, 2.321%, 10/01/38(a) |
3,944,480 | 4,236,000 | ||||||
Pool #AE0279, 2.286%, 11/01/38(a) |
1,697,623 | 1,826,763 | ||||||
Pool #AE0057, 2.305%, 02/01/39(a) |
6,525,472 | 6,968,682 | ||||||
Pool #AE0066, 2.284%, 09/01/39(a)(b) |
19,380,921 | 20,708,497 | ||||||
Pool #725874, 2.345%, 09/01/39(a) |
85,569 | 91,152 | ||||||
|
|
|||||||
836,620,821 | ||||||||
|
|
|||||||
NCUA Guaranteed Notes Trust 2010-A1 |
||||||||
Series 2010-A1, Cl A, 0.501%, 12/07/20(a) |
1,873,246 | 1,875,231 | ||||||
|
|
|||||||
Total U.S. Government Agency Mortgages (Cost $1,183,175,095) |
|
1,209,691,815 | ||||||
|
|
|||||||
Money Market Fund 1.9% |
||||||||
State Street Institutional U.S. Government Money Market Fund, Institutional Class, 0.00%(f) |
35,358,128 | 35,358,128 | ||||||
|
|
|||||||
Total Money Market Fund (Cost $35,358,128) |
|
35,358,128 | ||||||
|
|
See Notes to Schedules of Portfolio Investments.
Total Investments (Cost $1,811,278,034) 100.5% |
1,840,129,098 | |||||
Liabilities in Excess of Other Assets (0.5)% |
(8,704,184 | ) | ||||
|
|
|||||
Net Assets 100.0% |
$ | 1,831,424,914 | ||||
|
|
(a) | Variable or floating rate security. Rate disclosed is as of June 30, 2014. |
(b) | All or a portion of this security has been segregated, or otherwise earmarked, in connection with obligations for when-issued or delayed-delivery purchase commitments. |
(c) | Less than 0.05% of Net Assets. |
(d) | Rule 144A, Section 4(2) or other security which is restricted as to resale to institutional investors. The Funds investment adviser/subadviser has deemed this security to be liquid based upon procedures approved by the Board of Trustees. These securities represent 0.3% of net assets as of June 30, 2014. |
(e) | All or a portion of this security has been purchased on a when-issued or delayed-delivery basis. |
(f) | Rate disclosed, the 7 day net yield, is as of June 30, 2014. |
Investment Abbreviations
REMIC | Real Estate Mortgage Investment Conduit |
Open Futures Contracts
At June 30, 2014, the Funds open futures contracts were as follows:
Description |
Position | Notional Amount |
Expiration Month |
Contracts | Unrealized Appreciation (Depreciation) |
|||||||||||||
90 day Euro Future |
Short | $ | (2,479,591 | ) | September 2015 | 10 | $ | (2,659 | ) | |||||||||
U.S. Treasury 2 Year Note |
Short | (47,163,080 | ) | September 2014 | 215 | (49,577 | ) | |||||||||||
U.S. Treasury 5 Year Note |
Short | (29,773,478 | ) | September 2014 | 250 | (91,756 | ) | |||||||||||
90 day Euro Future |
Long | 2,479,409 | September 2015 | 10 | 2,841 | |||||||||||||
90 day Euro Future |
Long | 10,143,340 | December 2015 | 41 | 10,823 | |||||||||||||
|
|
|||||||||||||||||
$ | (130,328 | ) | ||||||||||||||||
|
|
See Notes to Schedules of Portfolio Investments.
SCHEDULES OF PORTFOLIO INVESTMENTS
RIDGEWORTH FUNDS June 30, 2014
(Unaudited)
Virginia Intermediate Municipal Bond Fund
Shares or Principal Amount($) |
Value($) | |||||||
Municipal Bonds 97.4% |
||||||||
Alabama 0.5% |
||||||||
Birmingham, Series A, GO, 0.000%, 03/01/32(a) |
645,000 | 615,756 | ||||||
|
|
|||||||
California 4.7% |
||||||||
California State, GO, 5.000%, 02/01/20 |
1,945,000 | 2,308,793 | ||||||
California State, GO, 5.000%, 09/01/33 |
3,250,000 | 3,675,685 | ||||||
|
|
|||||||
5,984,478 | ||||||||
|
|
|||||||
District of Columbia 2.8% |
||||||||
Metropolitan Washington D.C. Airports Authority, Airport System, Series B, RB, 5.000%, 10/01/26, BHAC |
2,175,000 | 2,476,542 | ||||||
Washington D.C. Metropolitan Area Transit Authority, Gross Revenue, Series A, RB, 5.125%, 07/01/32 |
1,000,000 | 1,136,350 | ||||||
|
|
|||||||
3,612,892 | ||||||||
|
|
|||||||
Illinois 0.7% |
||||||||
Chicago, Series A, GO, 5.250%, 01/01/33 |
880,000 | 925,707 | ||||||
|
|
|||||||
North Carolina 0.8% |
||||||||
North Carolina State Capital Facilities Finance Agency, Educational Facilities, RB, 5.000%, 05/01/32 |
1,030,000 | 1,080,964 | ||||||
|
|
|||||||
Virginia 87.9% |
||||||||
Alexandria, Series B, GO, 5.000%, 06/15/20, State Aid Withholding |
1,075,000 | 1,290,032 | ||||||
Bedford County Economic Development Authority, Public Facilities Lease, RB, 5.250%, 05/01/24, NATL-RE |
255,000 | 275,619 | ||||||
Fairfax County Economic Development Authority, RB, 5.000%, 08/01/22 |
3,700,000 | 4,267,136 | ||||||
Fairfax County Economic Development Authority, Series A, RB, 5.000%, 10/01/26 |
1,000,000 | 1,199,050 | ||||||
Fairfax County Economic Development Authority, Series A, RB, 5.000%, 10/01/34 |
1,000,000 | 1,144,930 | ||||||
Fairfax County Industrial Development Authority, RB, 5.000%, 05/15/37 |
2,810,000 | 3,089,707 | ||||||
Fairfax County Industrial Development Authority, Series D, RB, 5.000%, 05/15/27 |
1,300,000 | 1,475,877 | ||||||
Fairfax County Water Authority, RB, 5.000%, 04/01/27 |
600,000 | 705,912 | ||||||
Greater Richmond Convention Center Authority, Hotel Tax, RB, 5.000%, 06/15/16, NATL-RE |
2,855,000 | 2,972,540 | ||||||
Hampton Roads Sanitation District Wastewater, RB, 5.000%, 04/01/23 |
1,060,000 | 1,204,224 | ||||||
Hampton Roads Sanitation District Wastewater, RB, 5.000%, 04/01/24 |
2,425,000 | 2,750,168 | ||||||
Hanover County Development Authority, Regional Medical Care Project, RB, 6.375%, 08/15/18, NATL-RE |
4,155,000 | 4,500,779 | ||||||
Henrico County, GO, 5.000%, 07/15/17 |
1,450,000 | 1,641,574 | ||||||
James City County Economic Development Authority, Public Facility Project, RB, 5.000%, 06/15/21, AGM |
2,215,000 | 2,441,284 | ||||||
Loudoun County, Series B, GO, 5.000%, 11/01/20 |
1,000,000 | 1,182,290 | ||||||
Loudoun County Industrial Development Authority, Series A, RB, 5.000%, 06/01/31 |
1,000,000 | 1,111,560 | ||||||
Loudoun County Sanitation Authority, RB, 5.000%, 01/01/21 |
1,125,000 | 1,351,868 | ||||||
Loudoun County Sanitation Authority, RB, 5.000%, 01/01/22 |
1,130,000 | 1,366,848 | ||||||
Loudoun County Sanitation Authority, Water & Sewage, Series A, RB, 5.000%, 01/01/21 |
2,460,000 | 2,956,084 | ||||||
New Kent County Economic Development Authority, School & Governmental Projects, RB, 5.000%, 02/01/18, AGM |
2,225,000 | 2,456,422 | ||||||
Newport News, GO, 5.250%, 07/01/15, State Aid Withholding |
1,000,000 | 1,051,190 | ||||||
Newport News, Series A, GO, 5.000%, 07/15/18, State Aid Withholding |
3,000,000 | 3,486,000 | ||||||
Newport News, Series A, GO, 5.000%, 07/15/33, State Aid Withholding |
1,240,000 | 1,439,628 |
See Notes to Schedules of Portfolio Investments.
Pittsylvania County, Series B, GO, 5.000%, 03/01/21 |
1,000,000 | 1,160,250 | ||||||
Pittsylvania County, Series B, GO, 5.000%, 03/01/22 |
1,000,000 | 1,168,500 | ||||||
Portsmouth, Series D, GO, 5.000%, 07/15/23 |
1,250,000 | 1,446,650 | ||||||
Prince County William, GO, 5.000%, 08/01/16, State Aid Withholding |
1,035,000 | 1,135,695 | ||||||
Richmond, GO, 5.000%, 07/15/24, Pre-refunded 07/15/2016 @ 100, AGM |
1,435,000 | 1,572,631 | ||||||
Richmond, Series A, GO, 5.000%, 07/15/27 |
1,375,000 | 1,574,485 | ||||||
Richmond Industrial Development Authority, Government Facilities, RB, 5.000%, 07/15/18, AMBAC |
1,795,000 | 1,968,756 | ||||||
Roanoke Economic Development Authority, Hospital Revenue, RB, 5.000%, 07/01/27 |
1,000,000 | 1,115,730 | ||||||
Suffolk, GO, 5.000%, 06/01/20, State Aid Withholding |
1,545,000 | 1,837,499 | ||||||
Tobacco Settlement Financing Corp., RB, 5.500%, 06/01/26, MSF |
2,380,000 | 2,487,624 | ||||||
Virginia College Building Authority, Educational Facilities Project, Series A, RB, 5.000%, 09/01/17, Pre-refunded 09/01/2016 @ 100, ST INTERCEPT |
155,000 | 170,550 | ||||||
Virginia College Building Authority, Educational Facilities Project, Series A, RB, 5.000%, 09/01/17, ST INTERCEPT |
2,845,000 | 3,108,959 | ||||||
Virginia College Building Authority, Educational Facilities Project, Series A, RB, 5.000%, 02/01/26 |
2,750,000 | 3,208,342 | ||||||
Virginia College Building Authority, Educational Facilities Project, Series B, RB, 5.000%, 03/01/21 |
1,700,000 | 2,027,539 | ||||||
Virginia College Building Authority, Educational Facilities Project, Washington & Lee University, RB, 5.375%, 01/01/21 |
3,950,000 | 4,593,771 | ||||||
Virginia Commonwealth Transportation Board, RB, 5.000%, 05/15/20, ST APPROP |
2,085,000 | 2,475,625 | ||||||
Virginia Commonwealth Transportation Board, RB, 5.000%, 05/15/25, ST APPROP |
2,750,000 | 3,172,428 | ||||||
Virginia Commonwealth University, Health System Authority, RB, 5.000%, 07/01/30 |
1,460,000 | 1,656,020 | ||||||
Virginia Housing Development Authority, Commonwealth Mortgage, Series A-1, RB, 3.650%, 01/01/18, GO of Authority |
1,205,000 | 1,309,956 | ||||||
Virginia Public Building Authority, Series A, RB, 5.000%, 08/01/31, Pre-refunded |
10,000 | 12,153 | ||||||
Virginia Public Building Authority, Series A, RB, 5.000%, 08/01/31 |
1,240,000 | 1,424,028 | ||||||
Virginia Public Building Authority Facilities, Series B, RB, 5.000%, 08/01/20, ST APPROP |
4,000,000 | 4,702,720 | ||||||
Virginia Public School Authority, RB, 5.000%, 08/01/18, State Aid Withholding |
4,000,000 | 4,646,200 | ||||||
Virginia Public School Authority, RB, 5.000%, 08/01/22, State Aid Withholding |
3,400,000 | 4,121,990 | ||||||
Virginia Public School Authority, Series A, RB, 5.000%, 08/01/27, State Aid Withholding |
2,060,000 | 2,434,158 | ||||||
Virginia Public School Authority, School Financing, RB, 5.000%, 07/15/26, State Aid Withholding |
2,000,000 | 2,280,600 | ||||||
Virginia Resources Authority, RB, 5.000%, 10/01/21 |
2,865,000 | 3,482,407 | ||||||
Virginia Resources Authority Clean Water, Revolving Fund, RB, 5.000%, 10/01/16 |
2,030,000 | 2,240,633 | ||||||
Virginia Resources Authority Infrastructure, Pooled Financing Program, Series A, RB, 5.000%, 11/01/28 |
3,300,000 | 3,863,508 | ||||||
Virginia Resources Authority Infrastructure, Pooled Financing Program, Series B, RB, 5.000%, 11/01/20 |
305,000 | 366,961 | ||||||
|
|
|||||||
112,127,090 | ||||||||
|
|
|||||||
Total Municipal Bonds (Cost $117,699,666) |
|
124,346,887 | ||||||
|
|
|||||||
Money Market Fund 1.5% |
||||||||
Federated Virginia Municipal Cash Trust, Institutional Share, 0.01%(b) |
1,895,709 | 1,895,709 | ||||||
|
|
|||||||
Total Money Market Fund (Cost $1,895,709) |
|
1,895,709 | ||||||
|
|
|||||||
Total Investments (Cost $119,595,375) 98.9% |
126,242,596 | |||||||
Other Assets in Excess of Liabilities 1.1% |
1,395,146 | |||||||
|
|
|||||||
Net Assets 100.0% |
$ | 127,637,742 | ||||||
|
|
(a) | Step bond. The rate shown is the rate in effect as of June 30, 2014. |
(b) | Rate disclosed, the 7 day net yield, is as of June 30, 2014. |
See Notes to Schedules of Portfolio Investments.
Investment Abbreviations
AGM | Security guaranteed by Assured Guaranty Municipal Corporation | |
AMBAC | Security guaranteed by American Municipal Bond Assurance Corporation | |
BHAC | Security guaranteed by Berkshire Hathaway Assurance Corporation | |
GO | General Obligation | |
MSF | Mandatory Sinking Fund | |
NATL-RE | Reinsurance provided by National Public Finance Guarantee Corporation | |
RB | Revenue Bond | |
ST APPROP | State Appropriation | |
ST INTERCEPT | State Interception |
See Notes to Schedules of Portfolio Investments.
Notes to Schedules of Portfolio Investments
1. Organization
The RidgeWorth Funds (the Trust) is organized as a Massachusetts business trust and is registered under the Investment Company Act of 1940, as amended (the 1940 Act), as an open-end management investment company offering the following funds as of June 30, 2014: Aggressive Growth Stock Fund, International Equity Fund, International Equity Index Fund, Large Cap Growth Stock Fund, Large Cap Value Equity Fund, Mid-Cap Value Equity Fund, Select Large Cap Growth Stock Fund, Small Cap Growth Stock Fund, Small Cap Value Equity Fund, Aggressive Growth Allocation Strategy, Conservative Allocation Strategy, Growth Allocation Strategy, Moderate Allocation Strategy, Core Bond Fund, Corporate Bond Fund, Georgia Tax-Exempt Bond Fund, High Grade Municipal Bond Fund, High Income Fund, Intermediate Bond Fund, Investment Grade Tax-Exempt Bond Fund, Limited Duration Fund, Limited-Term Federal Mortgage Securities Fund, North Carolina Tax-Exempt Bond Fund, Seix Floating Rate High Income Fund, Seix High Yield Fund, Short-Term Bond Fund, Short-Term Municipal Bond Fund, Short-Term U.S. Treasury Securities Fund, Total Return Bond Fund, Ultra-Short Bond Fund, U.S. Government Securities Fund, U.S. Government Securities Ultra-Short Bond Fund, and Virginia Intermediate Municipal Bond Fund (each, a Fund and collectively, the Funds). RidgeWorth Investments (Investment Adviser) serves as the investment adviser to the Funds. Effective June 2, 2014 the employees of the Investment Adviser, in partnership with affiliated investment funds of Lightyear Capital, a private equity firm, acquire all outstanding equity securities of the Adviser from SunTrust Banks, Inc.
The Trusts officers and trustees are indemnified against certain liabilities arising out of the performance of their duties to the Trust. In addition, in the normal course of business, the Trust enters into contracts with its vendors and others that provide for general indemnifications. The Trusts maximum exposure under these arrangements is unknown as this would involve future claims that may be made against the Trust. However, based on experience, the Trust expects that risk of loss to be remote.
2. Significant Accounting Policies
The following are significant accounting policies consistently followed by the Funds in the preparation of its Schedules of Portfolio Investments (each, a Schedule and collectively, the Schedules). These policies are in conformity with accounting principles generally accepted in the United States of America (GAAP). The preparation of the Schedules in accordance with GAAP requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities at the date of the Schedules. These estimates could cause actual results to differ.
(a) Investment Valuation - Equity securities for which market quotations are available are valued at the last reported sales price or official closing price on the primary market or exchange on which they trade. The prices are provided by independent pricing vendors approved by the Board of Trustee of the Trust (the Board). Debt securities are valued at the last quoted bid price, which is based on transactions in debt obligations, quotations from bond dealers, market transactions in comparable securities and various other relationships between securities.
The Funds, in accordance with GAAP, have adopted Financial Accounting Standards Board Codification Topic 820 (ASC Topic 820). ASC Topic 820 establishes a single definition of fair value, creates a three-tier hierarchy as a framework for measuring fair value based on inputs used to value the Funds investments, and requires additional disclosure about fair value. The hierarchy of inputs is summarized below:
| Level 1 Investments whose values are based on quoted market prices in active markets, and whose values are therefore classified as Level 1 prices, include active listed equities. Investments in underlying funds are valued at their NAV daily and are classified as Level 1 prices. |
| Level 2Investments that trade in markets that are not considered to be active, but whose values are based on quoted market prices, dealer quotations or valuations provided by alternative pricing sources supported by observable inputs are classified as Level 2 prices. These generally include U.S. government and sovereign obligations, most government agency securities, investment-grade corporate bonds, certain asset and mortgage backed products, less liquid listed equities, and state, municipal and provincial obligations. |
| Level 3Investments whose values are classified as Level 3 prices have significant unobservable inputs, as they may trade infrequently or not at all. When observable prices are not available for these securities, the Funds use one or more valuation techniques for which sufficient and reliable data is available. The inputs used by the Funds in estimating the value of Level 3 prices may include the original transaction price, quoted prices for similar securities or assets in active markets, completed or pending third-party transactions in the underlying investment or comparable issuers, and changes in financial ratios or cash flows. Level 3 prices may also be adjusted to reflect illiquidity and/or non-transferability, with the amount of such discount estimated by the Funds in the absence of market information. Assumptions used by the Funds due to the lack of observable inputs may significantly impact the resulting fair value and therefore the Funds results of operations. |
The inputs or methodology used for valuing securities are not necessarily an indication of the risk associated with investing in those securities.
The Funds use valuation techniques to measure fair value that are consistent with the market approach and/or income approach, depending on the type of security and the particular circumstance. The market approach uses prices and other relevant information generated by market transactions involving identical or comparable securities. The income approach uses valuation techniques to discount estimated future cash flows to present value.
The independent pricing vendor may value bank loans and debt securities at an evaluated bid price by employing methodologies that utilize actual market transactions, broker-supplied valuations, and/or other methodologies designed to identify the market value for such securities and such securities are considered Level 2 in the fair value hierarchy. Publicly-traded foreign government debt securities are typically traded internationally in the over-the-counter market and are valued at the bid prices as of the close of business of that market and such securities are considered Level 2 in the fair value hierarchy. Futures contracts are valued daily at the settlement price established by the board of trade or exchange on which they are traded and such securities may be considered Level 1 in the fair value hierarchy. Equity securities for which market quotations are available are valued at the last reported sales price or official closing price on the primary market or exchange on which they trade and such securities may be considered Level 1 in the fair value hierarchy. Centrally cleared credit default and interest rate swaps are valued at the price determined by the relevant exchange and such securities may be considered Level 2 in the fair value hierarchy. Forward foreign exchange contracts are valued using daily forward exchange rates and such securities may be considered Level 2 in the fair value hierarchy.
When reliable prices are not readily available, such as when the value of a security has been significantly affected by events after the close of the exchange or market on which the security is principally traded, but before each Fund calculates its net asset value, each of the Funds will value the security as determined in accordance with the Pricing and Valuation Procedures approved by the Board. The Pricing and Valuation Procedures are performed and monitored by a Valuation Committee (the Committee) designated by the Board. Some of the more common reasons which may necessitate that a security be fair valued in accordance with the Pricing and Valuation Procedures include, but are not limited to: the securitys trading has been halted or suspended; the security has been de-listed from a national exchange; the securitys primary trading market is temporarily closed at a time when, under normal conditions, it would be open; or the securitys primary pricing source is not able or willing to provide a price. When a security is fair valued in accordance with the Pricing and Valuation Procedures, the Committee determines the value after taking into consideration relevant information reasonably available to the Committee. Short-term obligations with maturities of 60 days or less are valued at amortized cost, which approximates fair value, and such securities are considered Level 2 in the fair value hierarchy. Certain Funds hold securities or other assets that are denominated in a foreign currency. The Funds will normally use the currency exchange rates as of 4:00 p.m. (Eastern Time) when valuing such assets. Under the Pricing and Valuation Procedures, such securities may be considered Level 2 or Level 3 in the fair value hierarchy.
The assets of Aggressive Growth Allocation Strategy, Conservative Allocation Strategy, Growth Allocation Strategy and Moderate Allocation Strategy consist of investments in other funds including affiliated funds (See Note 4), which are valued at their respective daily net asset values.
The following is a summary of the inputs used in valuing the Funds assets and liabilities carried at fair value as of June 30, 2014:
Level 1 - Quoted Prices |
Level 2 - Other Significant Observable Inputs |
Level 3 - Significant Unobservable Inputs |
Total | |||||||||||||
Aggressive Growth Stock Fund |
||||||||||||||||
Assets |
||||||||||||||||
Common Stocks1 |
$ | 49,753,290 | $ | | $ | | $ | 49,753,290 | ||||||||
|
|
|
|
|
|
|
|
|||||||||
Total Investments |
49,753,290 | | | 49,753,290 | ||||||||||||
|
|
|
|
|
|
|
|
|||||||||
International Equity Fund |
| |||||||||||||||
Assets |
||||||||||||||||
Common Stocks1 |
27,434,672 | | | 27,434,672 | ||||||||||||
Preferred Stock1 |
575,689 | | | 575,689 |
Short-Term Investment |
| 288,859 | | 288,859 | ||||||||||||
Money Market Fund |
367,439 | | | 367,439 | ||||||||||||
|
|
|
|
|
|
|
|
|||||||||
Total Investments |
28,377,800 | 288,859 | | 28,666,659 | ||||||||||||
|
|
|
|
|
|
|
|
|||||||||
International Equity Index Fund |
| |||||||||||||||
Assets |
||||||||||||||||
Common Stocks1 |
51,219,259 | | 0 | 4 | 51,219,259 | |||||||||||
Preferred Stocks1 |
503,701 | | | 503,701 | ||||||||||||
Rights1 |
147 | | 0 | 4 | 147 | |||||||||||
Exchange Traded Funds |
266,860 | | | 266,860 | ||||||||||||
Trust |
12,847 | | | 12,847 | ||||||||||||
Short-Term Investment |
| 206,803 | | 206,803 | ||||||||||||
Money Market Fund |
90,730 | | | 90,730 | ||||||||||||
|
|
|
|
|
|
|
|
|||||||||
Total Investments |
52,093,544 | 206,803 | 0 | 4 | 52,300,347 | |||||||||||
|
|
|
|
|
|
|
|
|||||||||
Large Cap Growth Stock Fund |
| |||||||||||||||
Assets |
||||||||||||||||
Common Stocks1 |
278,123,418 | | | 278,123,418 | ||||||||||||
Short-Term Investment |
| 6,844,750 | | 6,844,750 | ||||||||||||
Money Market Fund |
1,426,988 | | | 1,426,988 | ||||||||||||
|
|
|
|
|
|
|
|
|||||||||
Total Investments |
279,550,406 | 6,844,750 | | 286,395,156 | ||||||||||||
|
|
|
|
|
|
|
|
|||||||||
Large Cap Value Equity Fund |
| |||||||||||||||
Assets |
||||||||||||||||
Common Stocks1 |
2,292,566,483 | | | 2,292,566,483 | ||||||||||||
Money Market Fund |
31,403,031 | | | 31,403,031 | ||||||||||||
|
|
|
|
|
|
|
|
|||||||||
Total Investments |
2,323,969,514 | | | 2,323,969,514 | ||||||||||||
|
|
|
|
|
|
|
|
|||||||||
Mid-Cap Value Equity Fund |
| |||||||||||||||
Assets |
||||||||||||||||
Common Stocks1 |
4,086,521,317 | | | 4,086,521,317 | ||||||||||||
Short-Term Investment |
| 164,854,350 | | 164,854,350 | ||||||||||||
Money Market Fund |
101,277,461 | | | 101,277,461 | ||||||||||||
|
|
|
|
|
|
|
|
|||||||||
Total Investments |
4,187,798,778 | 164,854,350 | | 4,352,653,128 | ||||||||||||
|
|
|
|
|
|
|
|
|||||||||
Select Large Cap Growth Stock Fund |
| |||||||||||||||
Assets |
||||||||||||||||
Common Stocks1 |
20,296,983 | | | 20,296,983 | ||||||||||||
Money Market Fund |
25,437 | | | 25,437 | ||||||||||||
|
|
|
|
|
|
|
|
|||||||||
Total Investments |
20,322,420 | | | 20,322,420 | ||||||||||||
|
|
|
|
|
|
|
|
|||||||||
Small Cap Growth Stock Fund |
| |||||||||||||||
Assets |
||||||||||||||||
Common Stocks1 |
173,008,343 | | | 173,008,343 | ||||||||||||
Short-Term Investment |
| 13,039,050 | | 13,039,050 | ||||||||||||
Money Market Fund |
832,362 | | | 832,362 | ||||||||||||
|
|
|
|
|
|
|
|
|||||||||
Total Investments |
173,840,705 | 13,039,050 | | 186,879,755 | ||||||||||||
|
|
|
|
|
|
|
|
|||||||||
Small Cap Value Equity Fund |
| |||||||||||||||
Assets |
||||||||||||||||
Common Stocks1 |
1,695,517,609 | | | 1,695,517,609 | ||||||||||||
Money Market Fund |
1,190,727 | | | 1,190,727 | ||||||||||||
|
|
|
|
|
|
|
|
|||||||||
Total Investments |
1,696,708,336 | | | 1,696,708,336 | ||||||||||||
|
|
|
|
|
|
|
|
|||||||||
Aggressive Growth Allocation Strategy |
| |||||||||||||||
Assets |
||||||||||||||||
Equity Funds |
13,907,227 | | | 13,907,227 | ||||||||||||
Fixed Income Funds |
2,081,747 | | | 2,081,747 |
Exchange Traded Funds |
3,192,993 | | | 3,192,993 | ||||||||||||
Money Market Fund |
176,539 | | | 176,539 | ||||||||||||
|
|
|
|
|
|
|
|
|||||||||
Total Investments |
19,358,506 | | | 19,358,506 | ||||||||||||
|
|
|
|
|
|
|
|
|||||||||
Conservative Allocation Strategy |
| |||||||||||||||
Assets |
||||||||||||||||
Equity Funds |
18,228,398 | | | 18,228,398 | ||||||||||||
Fixed Income Funds |
33,076,611 | | | 33,076,611 | ||||||||||||
Exchange Traded Funds |
10,621,807 | | | 10,621,807 | ||||||||||||
Money Market Fund |
575,256 | | | 575,256 | ||||||||||||
|
|
|
|
|
|
|
|
|||||||||
Total Investments |
62,502,072 | | | 62,502,072 | ||||||||||||
|
|
|
|
|
|
|
|
|||||||||
Growth Allocation Strategy |
| |||||||||||||||
Assets |
||||||||||||||||
Equity Funds |
41,646,171 | | | 41,646,171 | ||||||||||||
Fixed Income Funds |
12,590,432 | | | 12,590,432 | ||||||||||||
Exchange Traded Funds |
11,587,676 | | | 11,587,676 | ||||||||||||
Money Market Fund |
602,350 | | | 602,350 | ||||||||||||
|
|
|
|
|
|
|
|
|||||||||
Total Investments |
66,426,629 | | | 66,426,629 | ||||||||||||
|
|
|
|
|
|
|
|
|||||||||
Moderate Allocation Strategy |
| |||||||||||||||
Assets |
||||||||||||||||
Equity Funds |
63,372,606 | | | 63,372,606 | ||||||||||||
Fixed Income Funds |
48,803,975 | | | 48,803,975 | ||||||||||||
Exchange Traded Funds |
25,342,188 | | | 25,342,188 | ||||||||||||
Money Market Fund |
1,093,659 | | | 1,093,659 | ||||||||||||
|
|
|
|
|
|
|
|
|||||||||
Total Investments |
138,612,428 | | | 138,612,428 | ||||||||||||
|
|
|
|
|
|
|
|
|||||||||
Core Bond Fund |
| |||||||||||||||
Assets |
||||||||||||||||
Asset-Backed Securities1 |
| 6,337,398 | | 6,337,398 | ||||||||||||
Collateralized Mortgage Obligations1 |
| 16,378,972 | | 16,378,972 | ||||||||||||
Corporate Bonds1 |
| 47,497,527 | | 47,497,527 | ||||||||||||
Municipal Bond2 |
| 1,940,920 | | 1,940,920 | ||||||||||||
U.S. Government Agency Mortgages1 |
| 50,767,554 | | 50,767,554 | ||||||||||||
U.S. Treasury Obligations1 |
| 76,367,353 | | 76,367,353 | ||||||||||||
Foreign Government Bonds1 |
| 2,343,875 | | 2,343,875 | ||||||||||||
Short-Term Investment |
| 522,000 | | 522,000 | ||||||||||||
Money Market Fund |
5,672,573 | | | 5,672,573 | ||||||||||||
|
|
|
|
|
|
|
|
|||||||||
Total Investments |
5,672,573 | 202,155,599 | | 207,828,172 | ||||||||||||
|
|
|
|
|
|
|
|
|||||||||
Corporate Bond Fund |
| |||||||||||||||
Assets |
||||||||||||||||
Corporate Bonds1 |
| 37,381,328 | | 37,381,328 | ||||||||||||
Short-Term Investment |
| 590,440 | | 590,440 | ||||||||||||
Money Market Fund |
642,535 | | | 642,535 | ||||||||||||
|
|
|
|
|
|
|
|
|||||||||
Total Investments |
642,535 | 37,971,768 | | 38,614,303 | ||||||||||||
|
|
|
|
|
|
|
|
|||||||||
Other Financial Instruments3 |
||||||||||||||||
Liabilities |
||||||||||||||||
Credit Default Swap Contracts |
||||||||||||||||
Credit Risk |
| (3,139 | ) | | (3,139 | ) | ||||||||||
|
|
|
|
|
|
|
|
|||||||||
Total Liabilities |
| (3,139 | ) | | (3,139 | ) | ||||||||||
|
|
|
|
|
|
|
|
|||||||||
Georgia Tax-Exempt Bond Fund |
| |||||||||||||||
Assets |
||||||||||||||||
Municipal Bonds2 |
| 124,521,979 | | 124,521,979 | ||||||||||||
Money Market Fund |
2,471,332 | | | 2,471,332 | ||||||||||||
|
|
|
|
|
|
|
|
|||||||||
Total Investments |
2,471,332 | 124,521,979 | | 126,993,311 | ||||||||||||
|
|
|
|
|
|
|
|
High Grade Municipal Bond Fund |
| |||||||||||||||
Assets |
||||||||||||||||
Municipal Bonds2 |
| 69,383,618 | | 69,383,618 | ||||||||||||
Money Market Fund |
17,194,815 | | | 17,194,815 | ||||||||||||
|
|
|
|
|
|
|
|
|||||||||
Total Investments |
17,194,815 | 69,383,618 | | 86,578,433 | ||||||||||||
|
|
|
|
|
|
|
|
|||||||||
High Income Fund |
| |||||||||||||||
Assets |
||||||||||||||||
Bank Loans1 |
| 45,795,556 | | 45,795,556 | ||||||||||||
Corporate Bonds1 |
| 866,488,568 | 0 | 4 | 866,488,568 | |||||||||||
Convertible Corporate Bond1 |
| 2,287,106 | | 2,287,106 | ||||||||||||
Municipal Bonds2 |
| 8,726,238 | | 8,726,238 | ||||||||||||
Preferred Stock1 |
3,306,303 | | | 3,306,303 | ||||||||||||
Common Stocks1 |
8,307,691 | 337,709 | | 8,645,400 | ||||||||||||
Short-Term Investment |
| 103,583,653 | | 103,583,653 | ||||||||||||
Money Market Fund |
131,801,877 | | | 131,801,877 | ||||||||||||
|
|
|
|
|
|
|
|
|||||||||
Total Investments |
143,415,871 | 1,027,218,830 | 0 | 4 | 1,170,634,701 | |||||||||||
|
|
|
|
|
|
|
|
|||||||||
Intermediate Bond Fund |
| |||||||||||||||
Assets |
||||||||||||||||
Collateralized Mortgage Obligations1 |
| 5,036,795 | | 5,036,795 | ||||||||||||
Corporate Bonds1 |
| 82,288,938 | | 82,288,938 | ||||||||||||
Municipal Bond2 |
| 6,085,662 | | 6,085,662 | ||||||||||||
U.S. Government Agency Mortgages1 |
| 3,858,012 | | 3,858,012 | ||||||||||||
U.S. Treasury Obligations1 |
| 228,530,152 | | 228,530,152 | ||||||||||||
Foreign Government Bonds1 |
| 4,852,512 | | 4,852,512 | ||||||||||||
Short-Term Investment |
| 5,145,760 | | 5,145,760 | ||||||||||||
Money Market Fund |
9,315,989 | | | 9,315,989 | ||||||||||||
|
|
|
|
|
|
|
|
|||||||||
Total Investments |
9,315,989 | 335,797,831 | | 345,113,820 | ||||||||||||
|
|
|
|
|
|
|
|
|||||||||
Investment Grade Tax-Exempt Bond Fund |
| |||||||||||||||
Assets |
||||||||||||||||
Municipal Bonds2 |
| 657,735,161 | | 657,735,161 | ||||||||||||
Money Market Fund |
71,268,960 | | | 71,268,960 | ||||||||||||
|
|
|
|
|
|
|
|
|||||||||
Total Investments |
71,268,960 | 657,735,161 | | 729,004,121 | ||||||||||||
|
|
|
|
|
|
|
|
|||||||||
Limited Duration Fund |
| |||||||||||||||
Assets |
||||||||||||||||
Asset-Backed Securities1 |
| 2,765,641 | | 2,765,641 | ||||||||||||
Collateralized Mortgage Obligations1 |
| 3,715,791 | | 3,715,791 | ||||||||||||
Money Market Fund |
166,856 | | | 166,856 | ||||||||||||
|
|
|
|
|
|
|
|
|||||||||
Total Investments |
166,856 | 6,481,432 | | 6,648,288 | ||||||||||||
|
|
|
|
|
|
|
|
|||||||||
Limited-Term Federal Mortgage Securities Fund |
| |||||||||||||||
Assets |
||||||||||||||||
Collateralized Mortgage Obligations1 |
| 1,327,500 | | 1,327,500 | ||||||||||||
U.S. Government Agency Mortgages1 |
| 7,361,790 | | 7,361,790 | ||||||||||||
U.S. Treasury Obligations1 |
| 803,209 | | 803,209 | ||||||||||||
Money Market Fund |
184,401 | | | 184,401 | ||||||||||||
|
|
|
|
|
|
|
|
|||||||||
Total Investments |
184,401 | 9,492,499 | | 9,676,900 | ||||||||||||
|
|
|
|
|
|
|
|
|||||||||
North Carolina Tax-Exempt Bond Fund |
| |||||||||||||||
Assets |
||||||||||||||||
Municipal Bonds2 |
| 36,376,706 | | 36,376,706 | ||||||||||||
Money Market Fund |
1,167,827 | | | 1,167,827 | ||||||||||||
|
|
|
|
|
|
|
|
|||||||||
Total Investments |
1,167,827 | 36,376,706 | | 37,544,533 | ||||||||||||
|
|
|
|
|
|
|
|
Seix Floating Rate High Income Fund |
| |||||||||||||||
Assets |
||||||||||||||||
Bank Loans1 |
| 7,556,201,201 | | 7,556,201,201 | ||||||||||||
Corporate Bonds1 |
| 422,781,855 | 0 | 4 | 422,781,855 | |||||||||||
Municipal Bonds2 |
| 31,864,905 | | 31,864,905 | ||||||||||||
Preferred Stock1 |
2,566,883 | | | 2,566,883 | ||||||||||||
Common Stock1 |
| 440,111 | | 440,111 | ||||||||||||
Money Market Fund |
591,584,816 | | | 591,584,816 | ||||||||||||
|
|
|
|
|
|
|
|
|||||||||
Total Investments |
594,151,699 | 8,011,288,072 | 0 | 4 | 8,605,439,771 | |||||||||||
|
|
|
|
|
|
|
|
|||||||||
Seix High Yield Fund |
| |||||||||||||||
Assets |
||||||||||||||||
Bank Loans1 |
| 58,572,836 | | 58,572,836 | ||||||||||||
Corporate Bonds1 |
| 895,845,256 | | 895,845,256 | ||||||||||||
Short-Term Investment |
| 91,073,418 | | 91,073,418 | ||||||||||||
Money Market Fund |
111,535,433 | | | 111,535,433 | ||||||||||||
|
|
|
|
|
|
|
|
|||||||||
Total Investments |
111,535,433 | 1,045,491,510 | | 1,157,026,943 | ||||||||||||
|
|
|
|
|
|
|
|
|||||||||
Short-Term Bond Fund |
| |||||||||||||||
Assets |
||||||||||||||||
Asset-Backed Securities1 |
| 4,093,513 | | 4,093,513 | ||||||||||||
Collateralized Mortgage Obligations1 |
| 9,727,400 | | 9,727,400 | ||||||||||||
Corporate Bonds1 |
| 14,442,828 | | 14,442,828 | ||||||||||||
Municipal Bonds2 |
| 1,258,531 | | 1,258,531 | ||||||||||||
U.S. Government Agency Mortgages1 |
| 2,021,137 | | 2,021,137 | ||||||||||||
U.S. Treasury Obligation1 |
| 7,092,869 | | 7,092,869 | ||||||||||||
Money Market Fund |
1,574,139 | | | 1,574,139 | ||||||||||||
|
|
|
|
|
|
|
|
|||||||||
Total Investments |
1,574,139 | 38,636,278 | | 40,210,417 | ||||||||||||
|
|
|
|
|
|
|
|
|||||||||
Short-Term Municipal Bond Fund |
| |||||||||||||||
Assets |
||||||||||||||||
Municipal Bonds2 |
| 37,788,948 | | 37,788,948 | ||||||||||||
Money Market Fund |
4,635,108 | | | 4,635,108 | ||||||||||||
|
|
|
|
|
|
|
|
|||||||||
Total Investments |
4,635,108 | 37,788,948 | | 42,424,056 | ||||||||||||
|
|
|
|
|
|
|
|
|||||||||
Short-Term U.S. Treasury Securities Fund |
| |||||||||||||||
Assets |
||||||||||||||||
U.S. Treasury Obligations1 |
| 8,759,543 | | 8,759,543 | ||||||||||||
Money Market Fund |
43,634 | | | 43,634 | ||||||||||||
|
|
|
|
|
|
|
|
|||||||||
Total Investments |
43,634 | 8,759,543 | | 8,803,177 | ||||||||||||
|
|
|
|
|
|
|
|
|||||||||
Total Return Bond Fund |
| |||||||||||||||
Assets |
||||||||||||||||
Asset-Backed Securities1 |
| 28,103,379 | | 28,103,379 | ||||||||||||
Collateralized Mortgage Obligations1 |
| 80,214,989 | | 80,214,989 | ||||||||||||
Bank Loans1 |
| 47,377,305 | | 47,377,305 | ||||||||||||
Corporate Bonds1 |
| 223,910,165 | | 223,910,165 | ||||||||||||
Municipal Bond2 |
| 8,632,945 | | 8,632,945 | ||||||||||||
U.S. Government Agency Mortgages1 |
| 243,913,838 | | 243,913,838 | ||||||||||||
U.S. Treasury Obligation1 |
| 335,335,807 | | 335,335,807 | ||||||||||||
Foreign Government Bonds |
| 10,791,880 | | 10,791,880 | ||||||||||||
Short-Term Investment |
| 2,615,800 | | 2,615,800 | ||||||||||||
Money Market Fund |
47,915,038 | | | 47,915,038 | ||||||||||||
|
|
|
|
|
|
|
|
|||||||||
Total Investments |
47,915,038 | 980,896,108 | | 1,028,811,146 | ||||||||||||
|
|
|
|
|
|
|
|
|||||||||
Other Financial Instruments3 |
||||||||||||||||
Interest Rate Swaps |
||||||||||||||||
Interest Rate Risk |
| 134,363 | | 134,363 | ||||||||||||
Forward Foreign Currency Contracts |
||||||||||||||||
Foreign Currency Risk |
| 617,489 | | 617,489 | ||||||||||||
|
|
|
|
|
|
|
|
|||||||||
Total Assets |
47,915,038 | 981,647,960 | | 1,029,562,998 | ||||||||||||
|
|
|
|
|
|
|
|
Liabilities |
|
|||||||||||||||
Credit Default Swap Contracts |
||||||||||||||||
Credit Risk |
| (83,708 | ) | | (83,708 | ) | ||||||||||
Interest Rate Swaps |
||||||||||||||||
Interest Rate Risk |
| (76,038 | ) | | (76,038 | ) | ||||||||||
Forward Foreign Currency Contracts |
||||||||||||||||
Foreign Currency Risk |
| (330,944 | ) | | (330,944 | ) | ||||||||||
|
|
|
|
|
|
|
|
|||||||||
Total Liabilities |
| (490,690 | ) | | (490,690 | ) | ||||||||||
|
|
|
|
|
|
|
|
|||||||||
Ultra-Short Bond Fund |
| |||||||||||||||
Assets |
||||||||||||||||
Asset-Backed Securities1 |
| 18,095,913 | | 18,095,913 | ||||||||||||
Collateralized Mortgage Obligations1 |
| 35,067,252 | | 35,067,252 | ||||||||||||
Corporate Bonds1 |
| 78,230,367 | | 78,230,367 | ||||||||||||
Municipal Bonds2 |
| 3,452,477 | | 3,452,477 | ||||||||||||
U.S. Government Agency Mortgages1 |
| 10,251,140 | | 10,251,140 | ||||||||||||
Money Market Fund |
633,405 | | | 633,405 | ||||||||||||
|
|
|
|
|
|
|
|
|||||||||
Total Investments |
633,405 | 145,097,149 | | 145,730,554 | ||||||||||||
|
|
|
|
|
|
|
|
|||||||||
Other Financial Instruments3 |
||||||||||||||||
Liabilities |
||||||||||||||||
Futures Contracts |
||||||||||||||||
Interest Rate Risk |
(6,962 | ) | | | (6,962 | ) | ||||||||||
|
|
|
|
|
|
|
|
|||||||||
Total Liabilities |
(6,962 | ) | | | (6,962 | ) | ||||||||||
|
|
|
|
|
|
|
|
|||||||||
U.S. Government Securities Fund |
| |||||||||||||||
Assets |
||||||||||||||||
U.S. Treasury Obligations1 |
| 20,454,410 | | 20,454,410 | ||||||||||||
Money Market Fund |
461,361 | | | 461,361 | ||||||||||||
|
|
|
|
|
|
|
|
|||||||||
Total Investments |
461,361 | 20,454,410 | | 20,915,771 | ||||||||||||
|
|
|
|
|
|
|
|
|||||||||
U.S. Government Securities Ultra-Short Bond Fund |
| |||||||||||||||
Assets |
||||||||||||||||
Asset-Backed Security1 |
| 1,412,991 | | 1,412,991 | ||||||||||||
Collateralized Mortgage Obligations1 |
| 593,666,164 | | 593,666,164 | ||||||||||||
Corporate Bonds1 |
| 15,370,000 | | 15,370,000 | ||||||||||||
U.S. Government Agency Mortgages1 |
| 1,194,321,815 | | 1,194,321,815 | ||||||||||||
Money Market Fund |
35,358,128 | | | 35,358,128 | ||||||||||||
|
|
|
|
|
|
|
|
|||||||||
Total Investments |
35,358,128 | 1,804,770,970 | | 1,840,129,098 | ||||||||||||
|
|
|
|
|
|
|
|
|||||||||
Other Financial Instruments3 |
||||||||||||||||
Futures Contracts |
||||||||||||||||
Interest Rate Risk |
13,664 | | | 13,664 | ||||||||||||
|
|
|
|
|
|
|
|
|||||||||
Total Assets |
35,371,792 | 1,804,770,970 | | 1,840,142,762 | ||||||||||||
|
|
|
|
|
|
|
|
|||||||||
Liabilities |
||||||||||||||||
Futures Contracts |
||||||||||||||||
Interest Rate Risk |
(143,992 | ) | | | (143,992 | ) | ||||||||||
|
|
|
|
|
|
|
|
|||||||||
Total Liabilities |
(143,992 | ) | | | (143,992 | ) | ||||||||||
|
|
|
|
|
|
|
|
|||||||||
Virginia Intermediate Municipal Bond Fund |
| |||||||||||||||
Assets |
||||||||||||||||
Municipal Bonds2 |
| 124,346,887 | | 124,346,887 | ||||||||||||
Money Market Fund |
1,895,709 | | | 1,895,709 | ||||||||||||
|
|
|
|
|
|
|
|
|||||||||
Total Investments |
1,895,709 | 124,346,887 | | 126,242,596 | ||||||||||||
|
|
|
|
|
|
|
|
1 | Please see the Schedules for Sector or Country Classifications. |
2 | Please see the Schedules for State Classifications. |
3 | Other Financial Instruments are derivative instruments not reflected in the value of Total Investments in the Schedules, such as credit default swaps, forward foreign currency contracts, futures and interest rate swaps, which are valued at the unrealized appreciation (depreciation) on the instrument. |
4 | As of June 30, 2014, the securities designated as Level 3 were fair valued using significant unobservable inputs under procedures adopted by the Board. Such valuations were based on a review of inputs such as, but not limited to, similar securities, company specific financial information, and company specific news. Each of these securities are Board fair valued securities for the period ended June 30, 2014. The Level 3 securities comprised 0.0% of net assets of each Fund. As such, the Level 3 roll forward and change in unrealized appreciation/depreciation of Level 3 securities held at period end have not been presented. |
The Funds policy is to disclose transfers between levels based on valuations at the end of the reporting period. Each portfolio may hold securities which are periodically fair valued in accordance with the Pricing and Valuation Procedures. This may result in movements between Level 1 and Level 2 throughout the period. At June 30, 2014, there were no transfers from Level 1 to Level 2 pursuant to the Pricing and Valuation Procedures.
(b) Security Transactions Security transactions are accounted for on a trade date basis for financial reporting purposes.
(c) Foreign Currency Translation Investment securities and other assets and liabilities denominated in foreign currencies are translated into U.S. dollar amounts based upon prevailing exchange rates, as of the close of regular trading on the New York Stock Exchange (usually 4:00 p.m. Eastern Time), on the date of valuation.
(d) Derivative Instruments Certain Funds may enter into derivative contracts for purposes of pursuing their investment objective, to use as a substitute for a purchase or sale of a position in the underlying assets and/or as part of a strategy designed to reduce exposure to other risks. Open derivative positions at June 30, 2014 are included within each applicable Funds Schedule.
(e) Securities Traded on a To-Be-Announced Basis Certain Funds may trade securities on a to-be-announced (TBA) basis. In a TBA transaction, a Fund commits to purchasing or selling securities which have not yet been issued by the issuer and for which specific information, such as the face amount, maturity date and underlying pool of investments in U.S. government agency mortgage pass-through securities, is not announced. Securities purchased on a TBA basis are not settled until they are delivered to the Fund. Beginning on the date a Fund enters into a TBA transaction, cash, U.S. government securities or other liquid high-grade debt obligations are segregated in an amount equal in value to the purchase price of the TBA security. These securities are subject to market fluctuations and their current value is determined in the same manner as for other securities.
(f) Forward Foreign Currency Contracts Certain Funds may enter into forward foreign currency contracts to hedge against foreign currency exchange rate risk on non-U.S. dollar denominated securities or to facilitate settlement of a foreign currency denominated portfolio transaction. A forward foreign currency contract is an agreement between two parties to buy and sell a currency at a set price with delivery and settlement at a future date. The contract is marked-to-market daily and the change in value is recorded by the Fund as an unrealized gain or loss. When a forward foreign currency contract is closed, through either delivery or offset by entering into another forward foreign currency contract, the Fund recognizes a realized gain or loss equal to the difference between the value of the contract at the time it was opened and the value of the contract at the time it is closed.
Forward foreign currency contracts involve elements of market risk in excess of the amounts reflected on the Statements of Assets and Liabilities within the Funds annual and semi-annual reports. The Funds bear the risk of an unfavorable change in the foreign exchange rate underlying the forward foreign currency contract. Risks may also arise upon entering into these contracts from the potential inability of the counterparties to meet the terms of their contracts.
(g) Futures Contracts Certain Funds may enter into futures contracts to gain exposure to, or hedge against, changes in interest rates or gain exposure to, or hedge against, changes in certain asset classes. A futures contract represents a commitment for the future purchase or sale of an asset at a specified price on a specified date.
Upon entering into a futures contract, the Fund is required to deposit cash or cash equivalents with a broker in an amount equal to a certain percentage of the contract amount. This is known as the initial margin and subsequent payments (variation margin) are made or received by the Fund each day, depending on the daily fluctuation in the value of the contract. For certain futures, including foreign denominated futures, variation margin is not settled daily, but is recorded as a net variation margin payable or receivable. Futures contracts are valued daily at the settlement price established by the board of trade or exchange on which they are traded.
Futures contracts involve, to varying degrees, risk of loss in excess of the amounts reflected in the Statements of Assets and Liabilities within the Funds annual and semi-annual reports. In addition, there is the risk that the Funds may not be able to enter into a closing transaction because of an illiquid secondary market.
(h) Swap Contracts Certain Funds may invest in swap contracts for the purpose of managing exposure to interest rate, credit or market risk, or for other purposes. The use of swap contracts involves risks that are different from those associated with ordinary portfolio transactions. Swap contracts may be privately negotiated in the over-the-counter market (OTC swaps) or may be executed in a multilateral or other trade facility platform, such as a registered commodities exchange (centrally cleared swaps).
OTC swap contracts are marked-to-market daily using an independent pricing vendor and changes in value are recorded as unrealized appreciation or depreciation in the Statements of Assets and Liabilities. Daily changes in valuation of centrally cleared swaps, if any, are recorded as a receivable or payable, as applicable, for variation margin on centrally cleared swaps on the Funds Statement of Assets and Liabilities. Gains or losses are realized upon termination of the swap contract. Collateral, in the form of restricted cash or securities, may be required to be held in segregated accounts with the Funds custodian in compliance with the terms of the swap contracts. Securities posted as collateral for swap contracts are identified in the Schedules of Portfolio
Investments and restricted cash, if any, is identified on the Statements of Assets and Liabilities. Risks may exceed amounts recorded in the Statements of Assets and Liabilities. These risks include changes in the returns of the underlying instruments, failure of the counterparties to perform under the contracts terms, and the possible lack of liquidity with respect to the swap contracts. Payments received or made at the beginning of the measurement period are reflected as a premium or deposit, respectively, on the Statements of Assets and Liabilities. These upfront payments are amortized over the life of the swap and are recognized as realized gain or loss in the Statements of Operations. Net periodic payments received or paid by the Fund are recognized as a realized gain or loss in the Statements of Operations.
Credit Default Swaps
Certain Funds enter into credit default swap (CDS) contracts for investment purposes, to manage its credit risk or to add leverage. CDS contracts involve one party making a stream of payments to another party in exchange for the right to receive a specified return in the event of a default by a third party, typically corporate or sovereign issuers, on a specified obligation, or in the event of a write-down, principal shortfall, interest shortfall or default of all or part of the referenced entities comprising a credit index. The Funds may use a CDS contact to provide protection against defaults of the issuers (i.e., to reduce risk where the Funds have exposure to an issuer) or to take an active long or short position with respect to the likelihood of a particular issuers default.
As a seller of protection, a Fund generally receives an upfront payment or a stream of payments throughout the term of the swap contracts provided that there is no credit event. These amounts of potential payments will be partially offset by any recovery of values from the respective referenced obligations. As a seller of protection, a Fund effectively adds leverage to its portfolio because, in addition to its total net assets, a Fund is subject to investment exposure on the notional amount of the swap contract. As a buyer of protection, a Fund generally receives an amount up to the notional value of the swap contract if a defined credit event occurs.
The Funds maximum risk of loss from counterparty risk, as the protection buyer, is the fair value of the swap contract (this risk is mitigated by the posting of collateral by the counterparty to the Fund to cover the Funds exposure to the counterparty). As the protection seller, the Funds maximum risk is the notional amount of the contract. CDS contracts are considered to have credit risk-related contingent features since they require payment by the protection seller to the protection buyer upon the occurrence of a defined credit event.
Implied spreads are the theoretical prices a lender receives for credit default protection. When spreads rise, market perceived credit risk rises and when spreads fall, market perceived credit risk falls. The implied credit spread of a particular referenced entity reflects the cost of buying/selling protection and may include upfront payments required to enter into the contract. Wider credit spreads and decreasing market values, when compared to the notional amount of the swap, represent a deterioration of the referenced entitys credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the contract. Credit spreads utilized in determining the period end market value of CDS contracts on corporate or sovereign issues are disclosed in the Schedules of Portfolio Investments and serve as an indicator of the current status of the payment/performance risk and represent the likelihood or risk of default for credit derivatives. The quoted market prices and resulting values, particularly in relation to the notional amount of the contract as well as the annual payment rate, serve as an indication of the current status of the payment/performance risk for CDS contracts on asset-backed securities and credit indices.
Entering into a CDS contract involves, to varying degrees, elements of credit, market and documentation risk. Such risks involve the possibility that there will be no liquid market for these contracts, that the counterparty to the contract may default on its obligation to perform or disagree as to the meaning of the contractual terms in the contract, and that there are unfavorable changes in net interest rates.
Interest Rate Swaps
Certain Funds may enter into interest rate swap (IRS) contracts to manage exposure to interest rate risk. IRS contracts are agreements between two parties to exchange cash flows based on a notional principal amount. The Fund may elect to pay a fixed rate and receive a floating rate, or, receive a fixed rate and pay a floating rate on a notional principal amount. IRS contracts are marked-to-market daily based upon quotations from market makers. When a swap contract is terminated early, the Fund records a realized gain or loss equal to the difference between the original cost and the settlement amount of the closing transaction.
The risks of IRS contracts include changes in market conditions that will affect the value of the contract or changes in the present value of the future cash flow streams and the possible inability of the counterparty to fulfill its obligations under the contract. The Funds maximum risk of loss from counterparty credit risk is the discounted net value of the cash flows to be received from the counterparty over the contracts remaining life, to the extent that that amount is positive. This risk is mitigated by the posting of collateral by the counterparty to the Fund to cover the Funds exposure to the counterparty.
(i) Securities Lending Each Fund may lend portfolio securities to brokers, dealers and other financial organizations that meet capital and other credit requirements or other criteria established by the Board. These loans may not exceed either (i) 50% of the sum of the market value of all securities of the Fund and the market value of securities purchased with cash collateral or (ii) 33.33% of the total market value of all securities of the Fund. No Fund will lend portfolio securities to its investment adviser, subadviser, or its affiliates unless it has applied for and received specific authority to do so from the Securities and Exchange Commission. Loans of portfolio securities are required to be fully collateralized by cash, letters of credit or U.S. government securities. The initial value of the collateral must be at least 102% of the market value of the securities loaned, if the securities loaned are U.S. securities (105% for non-U.S. securities); and maintained in an amount equal to at least 100% (103% for non-U.S. securities) thereafter. However, due to market fluctuations during the day, the value of securities loaned on a particular day may exceed the value of collateral. On each business day, the amount of collateral is adjusted based on the prior days market fluctuations and the current days lending activity. Income from lending activity is determined by the amount of interest earned on collateral, less any amounts payable to the borrowers of the securities and the lending agent. Lending securities involves certain risks; including the risk that a Fund may be delayed or prevented from recovering the collateral if the borrower fails to return the securities. A fee will be obtained from the borrower if letters of credit or U.S. government securities are used as collateral.
In accordance with the exemptive order obtained from the SEC, the Funds pool their money in joint trading account, as described below. The cash collateral received is aggregated in a joint account by the Funds, providing RidgeWorth Investments a pool of cash to invest in short-term investments that have a remaining maturity of 397 days or less. The Funds are joint participants with other affiliated Funds of the Trust that are not presented in this report. As of June 30, 2014, the cash collateral received by the Funds was pooled and invested in the following securities. Each of the Funds participating in securities lending as of June 30, 2014 owned a pro-rata portion of the assets and liabilities listed below:
Shares | Value | |||||||
JPMorgan U.S. Government Money Market Fund, Capital Shares, 0.01% |
88,101,993 | $ | 88,101,993 | |||||
State Street Institutional U.S. Government Money Market Fund, Institutional Class, 0.00% |
301,169,713 | 301,169,713 | ||||||
|
|
|||||||
Total Investments (Cost $389,271,706) |
389,271,706 | |||||||
|
|
|||||||
Amount due to Lending Agent |
(42,807 | ) | ||||||
|
|
|||||||
Net Investment Value |
$ | 389,228,899 | ||||||
|
|
(j) Real Estate Investment Trusts Certain Funds may own shares of real estate investment trusts (REITs) which report information on the source of their distributions annually. The Funds re-characterize distributions received from REIT investments based on information provided by the REITs into the following categories: ordinary income, long-term capital gains, and return of capital. If information is not available on a timely basis from the REITs, the re-characterization will be estimated based on available information which may include the previous years allocation. If new or additional information becomes available from the REITs at a later date, a re-characterization will be made the following year.
(k) Bank Loans Certain Funds may invest in first and second lien senior floating-rate loans (bank loans). These loans are made by banks and other large financial institutions to various companies and are senior in the borrowing companies capital structure. Coupon rates are floating, not fixed, and are tied to a benchmark lending rate. A Fund records an investment when the borrower withdraws money and records the interest as earned. Some types of senior loans in which these Funds may invest require that an open loan for a specific amount be continually offered to a borrower. These types of senior loans, commonly referred to as revolvers, contractually obligate the lender (and therefore those with an interest in the loan) to fund the loan at the borrowers discretion. A Fund will maintain, on a daily basis, high quality, liquid assets in an amount at least equal in value to its contractual obligation to fulfill the revolving senior loan. Therefore, a Fund must have funds sufficient to cover its contractual obligation. A Fund will maintain, on a daily basis, high quality, liquid assets in an amount at least equal in value to its contractual obligation to fulfill the revolving senior loan. In addition, bank loans generally are subject to extended settlement periods, which may impair the Funds ability to sell or realize the full value of its loans in the event of a need to liquidate such loans. As of June 30, 2014, Seix Floating Rate High Income Fund and Total Return Bond Fund had unfunded loan commitments which are presented in the Funds Schedule.
(l) Restricted Securities Certain Funds investments are restricted as to resale. All of these restricted securities have been deemed liquid by the Funds Investment Adviser based upon procedures approved by the Board, unless stated otherwise in the Funds Schedules of Portfolio Investments. As of June 30, 2014, the Funds did not have any restricted securities.
(m) When-Issued Securities and Forward Commitments Delivery and payment for securities that have been purchased by a Fund on a forward commitment or when-issued basis can take place up to a month or more after the transaction date at a fixed price. During this period, such securities are subject to market fluctuations. The purchase of securities on a when-issued or forward commitment basis may increase the volatility of a Funds NAV if the Fund makes such investments while remaining substantially fully invested. A Fund records when-issued securities on trade date and will segregate or earmark liquid assets in an amount at least equal in value to its commitments to purchase when-issued and forward commitment securities or engage in other appropriate measures to cover its obligation. When-issued securities and the segregated liquid assets associated with such investments are presented within the Funds Schedules of Portfolio Investments.
(n) Credit and Market Risk Certain Funds investments in securities that are collateralized by residential real estate mortgages are subject to certain credit and liquidity risks. When market conditions result in an increase in default rates of the underlying mortgages and the foreclosure values of underlying real estate properties are materially below the outstanding amount of these underlying mortgages, collection of the full amount of accrued interest and principal on these investments may be doubtful. Such market conditions may significantly impair the value and liquidity of these investments and may result in a lack of correlation between their credit ratings and values.
(o) Foreign Investment Risks Certain Funds investments in foreign securities may involve risks not present in domestic investments. Since securities may be denominated in foreign currencies, may require settlement in foreign currencies or pay interest or dividends in foreign currencies, changes in the relationship of these foreign currencies to the U.S. dollar can significantly affect the value of the investments and earnings of the Fund. Foreign investments may also subject the Fund to foreign government exchange restrictions, expropriation, taxation or other political, social or economic developments, all of which affect the market and/or credit risk of the investments.
(p) Counterparty Risk and Credit-Risk-Related Contingent Features of Derivative Instruments Certain Funds may invest in certain securities or engage in other transactions where the Funds are exposed to counterparty credit risk in addition to broader market risks. The Funds may invest in securities of issuers, which may also be considered counterparties as trading partners in other transactions. This may increase the risk of loss in the event of default or bankruptcy by the counterparty or if the counterparty otherwise fails to meet its contractual obligations. The Funds Investment Adviser attempts to mitigate counterparty risk by (i) periodically assessing the creditworthiness of its trading partners, (ii) monitoring and/or limiting the amount of its net exposure to each individual counterparty based on its assessment and (iii) requiring collateral from the counterparty for certain transactions. Market events and changes in overall economic conditions may impact the assessment of such counterparty risk by the investment manager. In addition, declines in the values of underlying collateral received may expose the Funds to increased risk of loss.
(q) Other Risks Certain Funds invest in high yield corporate, government, and other debt instruments of U.S. and non-U.S. issuers. High yield securities involve greater risk of default or downgrade and are more volatile than investment grade securities. A Funds concentration of investments in securities of issuers located in a specific region or state, subjects that Fund to the economic and government policies of the region or state, and may increase risk versus that of a fund whose investments are more diversified. Please refer to each Funds prospectus for additional risks that may be associated with the Funds.
(r) Line of Credit The Funds entered into a committed unsecured revolving line of credit agreement (LOC) with State Street Bank and Trust (State Street Bank) for an aggregate amount of $100,000,000. The proceeds may be used only to (1) temporarily finance the purchase and sale of securities; or (2) finance the redemption of shares of the Funds. The Funds will pay a commitment fee to State Street Bank in the amount of 0.10% per annum on the daily unused portion of the LOC. Borrowings under the LOC will accrue interest at the higher of (a) the Federal Funds Rate, or (b) the One-month LIBOR Rate, plus 1.25% per annum. Generally, repayments must be made within 60 days of the borrowings.
3. Tax Basis of Investments
As of June 30, 2014 the cost and aggregate gross unrealized appreciation and depreciation on securities were substantially the same for federal income tax purposes on securities and are listed below:
Fund |
Cost | Aggregate Gross Unrealized Appreciation |
Aggregate Gross Unrealized (Depreciation) |
Net Unrealized Appreciation (Depreciation) |
||||||||||||
Aggressive Growth Stock Fund |
$ | 31,441,567 | $ | 19,038,526 | $ | (726,803 | ) | $ | 18,311,723 | |||||||
International Equity Fund |
20,942,347 | 8,033,317 | (309,005 | ) | 7,724,312 | |||||||||||
International Equity Index Fund |
28,310,814 | 26,098,714 | (2,109,181 | ) | 23,989,533 | |||||||||||
Large Cap Growth Stock Fund |
164,902,186 | 123,610,625 | (2,117,655 | ) | 121,492,970 | |||||||||||
Large Cap Value Equity Fund |
1,746,231,396 | 580,822,994 | (3,084,876 | ) | 577,738,118 | |||||||||||
Mid-Cap Value Equity Fund |
3,677,862,224 | 706,347,872 | (31,556,968 | ) | 674,790,904 | |||||||||||
Select Large Cap Growth Stock Fund |
13,029,625 | 7,333,830 | (41,035 | ) | 7,292,795 | |||||||||||
Small Cap Growth Stock Fund |
150,746,204 | 41,985,499 | (5,851,948 | ) | 36,133,551 | |||||||||||
Small Cap Value Equity Fund |
1,251,370,602 | 464,045,801 | (18,708,067 | ) | 445,337,734 | |||||||||||
Aggressive Growth Allocation Strategy |
14,678,775 | 4,720,562 | (40,831 | ) | 4,679,731 | |||||||||||
Conservative Allocation Strategy |
57,383,982 | 5,302,919 | (184,829 | ) | 5,118,090 | |||||||||||
Growth Allocation Strategy |
52,202,147 | 14,236,761 | (12,279 | ) | 14,224,482 | |||||||||||
Moderate Allocation Strategy |
114,600,662 | 24,027,187 | (15,421 | ) | 24,011,766 | |||||||||||
Core Bond Fund |
203,928,114 | 4,169,980 | (269,922 | ) | 3,900,058 | |||||||||||
Corporate Bond Fund |
37,188,815 | 1,545,097 | (119,609 | ) | 1,425,488 | |||||||||||
Georgia Tax-Exempt Bond Fund |
119,784,429 | 7,289,388 | (80,506 | ) | 7,208,882 | |||||||||||
High Grade Municipal Bond Fund |
82,234,645 | 4,365,574 | (21,786 | ) | 4,343,788 | |||||||||||
High Income Fund |
1,135,413,353 | 44,615,986 | (9,394,638 | ) | 35,221,348 | |||||||||||
Intermediate Bond Fund |
341,416,436 | 3,846,588 | (149,204 | ) | 3,697,384 | |||||||||||
Investment Grade Tax-Exempt Bond Fund |
688,749,858 | 40,346,152 | (91,889 | ) | 40,254,263 | |||||||||||
Limited Duration Fund |
6,633,121 | 17,832 | (2,665 | ) | 15,167 | |||||||||||
Limited-Term Federal Mortgage Securities Fund |
9,500,460 | 204,619 | (28,179 | ) | 176,440 | |||||||||||
North Carolina Tax-Exempt Bond Fund |
35,807,476 | 1,737,936 | (879 | ) | 1,737,057 | |||||||||||
Seix Floating Rate High Income Fund |
8,548,759,115 | 88,130,128 | (31,449,472 | ) | 56,680,656 | |||||||||||
Seix High Yield Fund |
1,109,728,712 | 50,102,755 | (2,804,524 | ) | 47,298,231 | |||||||||||
Short-Term Bond Fund |
39,958,421 | 271,847 | (19,851 | ) | 251,996 | |||||||||||
Short-Term Municipal Bond Fund |
42,245,612 | 187,970 | (9,526 | ) | 178,444 | |||||||||||
Short-Term U.S. Treasury Securities Fund |
8,782,657 | 28,275 | (7,755 | ) | 20,520 | |||||||||||
Total Return Bond Fund |
1,009,215,537 | 20,939,450 | (1,343,841 | ) | 19,595,609 | |||||||||||
Ultra-Short Bond Fund |
145,260,771 | 548,320 | (78,537 | ) | 469,783 | |||||||||||
U.S. Government Securities Fund |
20,616,846 | 335,526 | (36,601 | ) | 298,925 | |||||||||||
U.S. Government Securities Ultra-Short Bond Fund |
1,811,278,034 | 30,081,534 | (1,230,470 | ) | 28,851,064 | |||||||||||
Virginia Intermediate Municipal Bond Fund |
119,595,375 | 6,651,888 | (4,667 | ) | 6,647,221 |
4. Investments in Affiliated Issuers
Affiliated holdings are holdings in mutual funds which are managed by the Investment Adviser or an affiliate of the Investment Adviser or which are distributed by an affiliate of the Funds distributor. With respect to each Fund, the Investment Adviser was paid an investment advisory fee by the affiliated investments listed beneath its name below. Investments in affiliated issuers during the period ended June 30, 2014, were as follows:
Name of Affiliated Issuer |
Share Balance at March 31, 2014 |
Purchases | Sales | Share Balance at June 30, 2014 |
Value at June 30, 2014 |
Dividend Income |
Realized Gain Distributions |
Net Realized Gain (Loss) |
||||||||||||||||||||||||
Aggressive Growth Allocation Strategy |
||||||||||||||||||||||||||||||||
RidgeWorth Corporate Bond Fund |
485 | 3 | 224 | 264 | $ | 2,375 | $ | 23 | $ | | $ | (94 | ) | |||||||||||||||||||
RidgeWorth High Income Fund |
18,815 | 1,209 | 2,605 | 17,419 | 128,204 | 1,801 | | 113 | ||||||||||||||||||||||||
RidgeWorth Intermediate Bond Fund |
151 | 1 | | 152 | 1,495 | 5 | | | ||||||||||||||||||||||||
RidgeWorth International Equity Fund |
101,668 | | 8,132 | 93,536 | 1,181,360 | | | 10,338 | ||||||||||||||||||||||||
RidgeWorth International Equity Index Fund |
5,009 | | | 5,009 | 29,351 | | | | ||||||||||||||||||||||||
RidgeWorth Large Cap Growth Stock Fund |
561,107 | 2,962 | 26,098 | 537,971 | 5,455,030 | | | (30,428 | ) | |||||||||||||||||||||||
RidgeWorth Large Cap Value Equity Fund |
235,151 | 681 | 9,559 | 226,273 | 4,059,344 | | | 45,952 | ||||||||||||||||||||||||
RidgeWorth Mid-Cap Value Equity Fund |
121,106 | 2,376 | 8,305 | 115,177 | 1,724,207 | | | 27,490 | ||||||||||||||||||||||||
RidgeWorth Seix Floating Rate High Income Fund |
15,129 | 1,372 | 1,076 | 15,425 | 139,906 | 1,419 | | (6 | ) |
RidgeWorth Seix High Yield Fund |
14,652 | 192 | 1,898 | 13,019 | 131,366 | 1,928 | | 74 | ||||||||||||||||||||||||
RidgeWorth Select Large Cap Growth Stock Fund |
2,832 | | | 2,832 | 83,958 | | | | ||||||||||||||||||||||||
RidgeWorth Small Cap Growth Stock Fund |
43,703 | 828 | 2,948 | 41,583 | 685,712 | | | (1,398 | ) | |||||||||||||||||||||||
RidgeWorth Small Cap Value Equity Fund |
38,938 | 729 | 2,604 | 37,063 | 688,265 | | | 16,660 | ||||||||||||||||||||||||
RidgeWorth Total Return Bond Fund |
147,878 | 7,362 | 6,841 | 148,399 | 1,573,032 | 10,225 | | (3,460 | ) | |||||||||||||||||||||||
RidgeWorth U.S. Government Securities Ultra-Short Bond Fund |
8,213 | 3,572 | 1,383 | 10,402 | 105,369 | 170 | | (79 | ) | |||||||||||||||||||||||
|
|
|
|
|
|
|
|
|||||||||||||||||||||||||
Total |
$ | 15,988,974 | $ | 15,571 | $ | | $ | 65,162 | ||||||||||||||||||||||||
|
|
|
|
|
|
|
|
Name of Affiliated Issuer |
Share Balance at March 31, 2014 |
Purchases | Sales | Share Balance at June 30, 2014 |
Value at June 30, 2014 |
Dividend Income |
Realized Gain Distributions |
Net Realized Gain (Loss) |
||||||||||||||||||||||||
Conservative Allocation Strategy |
||||||||||||||||||||||||||||||||
RidgeWorth Corporate Bond Fund |
10,004 | 45 | 5,514 | 4,535 | $ | 40,817 | $ | 399 | $ | | $ | (2,001 | ) | |||||||||||||||||||
RidgeWorth High Income Fund |
303,026 | 3,796 | 35,920 | 270,902 | 1,993,839 | 27,749 | | 5,123 | ||||||||||||||||||||||||
RidgeWorth Intermediate Bond Fund |
1,337 | 4 | | 1,341 | 13,213 | 45 | | | ||||||||||||||||||||||||
RidgeWorth International Equity Fund |
116,873 | | 2,876 | 113,997 | 1,439,786 | | | 1,953 | ||||||||||||||||||||||||
RidgeWorth International Equity Index Fund |
8,364 | | | 8,364 | 49,016 | | | | ||||||||||||||||||||||||
RidgeWorth Large Cap Growth Stock Fund |
714,697 | 8,613 | 12,843 | 710,467 | 7,204,139 | | | (35,075 | ) | |||||||||||||||||||||||
RidgeWorth Large Cap Value Equity Fund |
299,976 | 3,970 | 5,680 | 298,266 | 5,350,895 | | | 2,173 | ||||||||||||||||||||||||
RidgeWorth Mid-Cap Value Equity Fund |
153,775 | 1,800 | 3,556 | 152,019 | 2,275,721 | | | 1,278 | ||||||||||||||||||||||||
RidgeWorth Seix Floating Rate High Income Fund |
237,199 | 6,253 | 3,422 | 240,030 | 2,177,076 | 21,679 | | (582 | ) | |||||||||||||||||||||||
RidgeWorth Seix High Yield Fund |
233,435 | 3,017 | 33,813 | 202,639 | 2,044,630 | 30,260 | | 5,464 | ||||||||||||||||||||||||
RidgeWorth Select Large Cap Growth Stock Fund |
3,818 | | 107 | 3,711 | 110,042 | | | 659 | ||||||||||||||||||||||||
RidgeWorth Small Cap Growth Stock Fund |
54,754 | 703 | 1,277 | 54,180 | 893,433 | | | (1,224 | ) | |||||||||||||||||||||||
RidgeWorth Small Cap Value Equity Fund |
49,273 | 622 | 1,141 | 48,754 | 905,366 | | | 2,325 | ||||||||||||||||||||||||
RidgeWorth Total Return Bond Fund |
2,436,650 | 15,499 | 78,534 | 2,373,615 | 25,160,316 | 163,782 | | (38,527 | ) | |||||||||||||||||||||||
RidgeWorth U.S. Government Securities Ultra-Short Bond Fund |
129,608 | 40,362 | 7,411 | 162,559 | 1,646,720 | 2,519 | | 94 | ||||||||||||||||||||||||
|
|
|
|
|
|
|
|
|||||||||||||||||||||||||
Total |
$ | 51,305,009 | $ | 246,433 | $ | | $ | (58,340 | ) | |||||||||||||||||||||||
|
|
|
|
|
|
|
|
Name of Affiliated Issuer |
Share Balance at March 31, 2014 |
Purchases | Sales | Share Balance at June 30, 2014 |
Value at June 30, 2014 |
Dividend Income |
Realized Gain Distributions |
Net Realized Gain (Loss) |
||||||||||||||||||||||||
Growth Allocation Strategy |
||||||||||||||||||||||||||||||||
RidgeWorth Corporate Bond Fund |
1,253 | 7 | 560 | 700 | $ | 6,301 | $ | 60 | $ | | $ | (202 | ) | |||||||||||||||||||
RidgeWorth High Income Fund |
118,209 | 1,500 | 14,555 | 105,154 | 773,935 | 10,967 | | 1,258 | ||||||||||||||||||||||||
RidgeWorth Intermediate Bond Fund |
163 | 1 | | 164 | 1,612 | 5 | | | ||||||||||||||||||||||||
RidgeWorth International Equity Fund |
284,177 | | 11,343 | 272,834 | 3,445,897 | | | 7,498 | ||||||||||||||||||||||||
RidgeWorth International Equity Index Fund |
7,110 | | | 7,110 | 41,664 | | | | ||||||||||||||||||||||||
RidgeWorth Large Cap Growth Stock Fund |
1,633,141 | 17,036 | 55,278 | 1,594,899 | 16,172,275 | | | (79,105 | ) | |||||||||||||||||||||||
RidgeWorth Large Cap Value Equity Fund |
692,219 | 8,453 | 23,338 | 677,334 | 12,151,367 | | | 18,420 |
RidgeWorth Mid-Cap Value Equity Fund |
358,553 | 3,028 | 12,906 | 348,675 | 5,219,669 | | | 11,220 | ||||||||||||||||||||||||
RidgeWorth Seix Floating Rate High Income Fund |
98,806 | 2,075 | 7,417 | 93,464 | 847,717 | 8,782 | | (808 | ) | |||||||||||||||||||||||
RidgeWorth Seix High Yield Fund |
87,054 | 2,314 | 10,527 | 78,841 | 795,508 | 11,265 | | 9,595 | ||||||||||||||||||||||||
RidgeWorth Select Large Cap Growth Stock Fund |
16,475 | 36 | | 16,511 | 489,545 | | | | ||||||||||||||||||||||||
RidgeWorth Small Cap Growth Stock Fund |
127,507 | 1,328 | 4,651 | 124,184 | 2,047,792 | | | (4,734 | ) | |||||||||||||||||||||||
RidgeWorth Small Cap Value Equity Fund |
114,855 | 1,162 | 4,118 | 111,899 | 2,077,962 | | | 19,945 | ||||||||||||||||||||||||
RidgeWorth Total Return Bond Fund |
939,499 | 5,985 | 47,081 | 898,403 | 9,523,075 | 63,238 | | (14,693 | ) | |||||||||||||||||||||||
RidgeWorth U.S. Government Securities Ultra-Short Bond Fund |
51,162 | 15,305 | 3,063 | 63,404 | 642,284 | 1,018 | | (39 | ) | |||||||||||||||||||||||
|
|
|
|
|
|
|
|
|||||||||||||||||||||||||
Total |
$ | 54,236,603 | $ | 95,335 | $ | | $ | (31,645 | ) | |||||||||||||||||||||||
|
|
|
|
|
|
|
|
Name of Affiliated Issuer |
Share Balance at March 31, 2014 |
Purchases | Sales | Share Balance at June 30, 2014 |
Value at June 30, 2014 |
Dividend Income |
Realized Gain Distributions |
Net Realized Gain (Loss) |
||||||||||||||||||||||||
Moderate Allocation Strategy |
||||||||||||||||||||||||||||||||
RidgeWorth Corporate Bond Fund |
3,590 | 15 | 3,124 | 481 | $ | 4,330 | $ | 135 | $ | | $ | (865 | ) | |||||||||||||||||||
RidgeWorth High Income Fund |
522,306 | 5,995 | 117,015 | 411,286 | 3,027,064 | 43,811 | | 43,552 | ||||||||||||||||||||||||
RidgeWorth Intermediate Bond Fund |
1,353 | 5 | | 1,358 | 13,372 | 46 | | | ||||||||||||||||||||||||
RidgeWorth International Equity Fund |
453,632 | | 39,808 | 413,824 | 5,226,594 | | | 26,472 | ||||||||||||||||||||||||
RidgeWorth International Equity Index Fund |
13,499 | | | 13,499 | 79,104 | | | | ||||||||||||||||||||||||
RidgeWorth Large Cap Growth Stock Fund |
2,674,912 | 25,067 | 218,172 | 2,481,807 | 25,165,521 | | | (322,833 | ) | |||||||||||||||||||||||
RidgeWorth Large Cap Value Equity Fund |
1,113,327 | 12,259 | 93,282 | 1,032,304 | 18,519,531 | | | 408,372 | ||||||||||||||||||||||||
RidgeWorth Mid-Cap Value Equity Fund |
574,336 | 5,272 | 46,514 | 533,094 | 7,980,422 | | | 179,000 | ||||||||||||||||||||||||
RidgeWorth Seix Floating Rate High Income Fund |
390,746 | 4,271 | 30,159 | 364,858 | 3,309,261 | 33,673 | | (5,366 | ) | |||||||||||||||||||||||
RidgeWorth Seix High Yield Fund |
401,805 | 4,728 | 99,011 | 307,522 | 3,102,900 | 47,416 | | 153,788 | ||||||||||||||||||||||||
RidgeWorth Select Large Cap Growth Stock Fund |
7,493 | | 695 | 6,798 | 201,568 | | | 6,273 | ||||||||||||||||||||||||
RidgeWorth Small Cap Growth Stock Fund |
201,617 | 1,745 | 15,707 | 187,655 | 3,094,430 | | | 20,966 | ||||||||||||||||||||||||
RidgeWorth Small Cap Value Equity Fund |
179,927 | 1,546 | 14,244 | 167,229 | 3,105,436 | | | 96,463 | ||||||||||||||||||||||||
RidgeWorth Total Return Bond Fund |
3,636,736 | 33,652 | 194,142 | 3,476,246 | 36,848,210 | 238,658 | | (83,443 | ) | |||||||||||||||||||||||
RidgeWorth U.S. Government Securities Ultra-Short Bond Fund |
214,411 | 59,925 | 27,659 | 246,677 | 2,498,838 | 3,879 | | 361 | ||||||||||||||||||||||||
|
|
|
|
|
|
|
|
|||||||||||||||||||||||||
Total |
$ | 112,176,581 | $ | 367,618 | $ | | $ | 522,740 | ||||||||||||||||||||||||
|
|
|
|
|
|
|
|
5. Subsequent Events
Management has evaluated events and transactions for potential recognition or disclosure in this report through the date the report was issued. Management has determined, except as set forth below, that there are no material events that would require disclosure through this date.
At a meeting held on May 20, 2014, the Board approved the reorganization of the RidgeWorth Short-Term U.S. Treasury Securities Fund (the Target Fund) into the RidgeWorth U.S. Government Securities Ultra-Short Bond Fund (the Acquiring Fund), a separate series of the Trust. The reorganization was effective at the close of business on July 31, 2014. Each shareholder of the A, C and I Shares of the Target Fund became a shareholder of the Acquiring Fund, and received I Shares of the Acquiring Fund in an amount equal in value to the shares of the Fund the shareholder had immediately before the reorganization.
On July 24, 2014, the Funds agreed to an amended LOC with State Street Bank for an aggregate committed line available of $250,000,000. The Funds will pay a commitment fee to State Street Bank in the amount of 0.11% per annum on the daily unused portion of the LOC.
Item 2. | Controls and Procedures. |
(a) The registrants principal executive officer and principal financial officer have concluded, based on their evaluation of the registrants disclosure controls and procedures as conducted within 90 days of the filing date of this report, that these disclosure controls and procedures are adequately designed and are operating effectively to ensure that information required to be disclosed by the registrant on Form N-Q is recorded, processed, summarized and reported within the time periods specified in the Securities and Exchange Commissions rules and forms.
(b) There were no changes in the registrants internal control over financial reporting that occurred during the registrants most recent fiscal quarter that have materially affected, or are reasonably likely to materially affect, the registrants internal control over financial reporting.
Item 3. | Exhibits. |
The certifications required by Rule 30a-2(a) under the Investment Company Act of 1940 are attached hereto.
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934 and the Investment Company Act of 1940, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.
RidgeWorth Funds | ||
By: | /s/ Julia Short | |
Julia Short | ||
President and Chief Executive Officer |
Date: August 26, 2014
Pursuant to the requirements of the Securities Exchange Act of 1934 and the Investment Company Act of 1940, this report has been signed below by the following persons on behalf of the registrant and in the capacities and on the dates indicated.
By: | /s/ Julia Short | |
Julia Short | ||
President and Chief Executive Officer | ||
Date: | August 26, 2014 | |
By: | /s/ Denise R. Lewis | |
Denise R. Lewis | ||
Treasurer and Chief Financial Officer |
Date: August 26, 2014
Exhibit 3(a)(1)
CERTIFICATION PURSUANT TO SECTION 302 OF THE SARBANES-OXLEY ACT OF 2002:
I, Julia Short, President and Chief Executive Officer of RidgeWorth Funds, certify that:
1. | I have reviewed this report on Form N-Q of RidgeWorth Funds; |
2. | Based on my knowledge, this report does not contain any untrue statement of a material fact or omit to state a material fact necessary to make the statements made, in light of the circumstances under which such statements were made, not misleading with respect to the period covered by this report; |
3. | Based on my knowledge, the schedules of investments included in this report fairly present in all material respects the investments of the registrant as of the end of the fiscal quarter for which the report is filed; |
4. | The registrants other certifying officer(s) and I are responsible for establishing and maintaining disclosure controls and procedures (as defined in Rule 30a-3(c) under the Investment Company Act of 1940) and internal control over financial reporting (as defined in Rule 30a-3(d) under the Investment Company Act of 1940) for the registrant and have: |
(a) | Designed such disclosure controls and procedures, or caused such disclosure controls and procedures to be designed under our supervision, to ensure that material information relating to the registrant, including its consolidated subsidiaries, is made known to us by others within those entities, particularly during the period in which this report is being prepared; |
(b) | Designed such internal control over financial reporting, or caused such internal control over financial reporting to be designed under our supervision, to provide reasonable assurance regarding the reliability of financial reporting and the preparation of financial statements for external purposes in accordance with generally accepted accounting principles; |
(c) | Evaluated the effectiveness of the registrants disclosure controls and procedures and presented in this report our conclusions about the effectiveness of the disclosure controls and procedures, as of a date within 90 days prior to the filing date of this report, based on such evaluation; and |
(d) | Disclosed in this report any change in the registrants internal control over financial reporting that occurred during the registrants most recent fiscal quarter that has materially affected, or is reasonably likely to materially affect, the registrants internal control over financial reporting; and |
5. | The registrants other certifying officer(s) and I have disclosed to the registrants auditors and the audit committee of the registrants board of directors (or persons performing the equivalent functions): |
(a) | All significant deficiencies and material weaknesses in the design or operation of internal control over financial reporting which are reasonably likely to adversely affect the registrants ability to record, process, summarize, and report financial information; and |
(b) | Any fraud, whether or not material, that involves management or other employees who have a significant role in the registrants internal control over financial reporting. |
Date: August 26, 2014
By: | /s/ Julia Short | |
Julia Short | ||
President and Chief Executive Officer |
Exhibit 3(a)(2)
CERTIFICATION PURSUANT TO SECTION 302 OF THE SARBANES-OXLEY ACT OF 2002:
I, Denise R. Lewis, Treasurer and Chief Financial Officer of RidgeWorth Funds, certify that:
1. | I have reviewed this report on Form N-Q of RidgeWorth Funds; |
2. | Based on my knowledge, this report does not contain any untrue statement of a material fact or omit to state a material fact necessary to make the statements made, in light of the circumstances under which such statements were made, not misleading with respect to the period covered by this report; |
3. | Based on my knowledge, the schedules of investments included in this report fairly present in all material respects the investments of the registrant as of the end of the fiscal quarter for which the report is filed; |
4. | The registrants other certifying officer(s) and I are responsible for establishing and maintaining disclosure controls and procedures (as defined in Rule 30a-3(c) under the Investment Company Act of 1940) and internal control over financial reporting (as defined in Rule 30a-3(d) under the Investment Company Act of 1940) for the registrant and have: |
(a) | Designed such disclosure controls and procedures, or caused such disclosure controls and procedures to be designed under our supervision, to ensure that material information relating to the registrant, including its consolidated subsidiaries, is made known to us by others within those entities, particularly during the period in which this report is being prepared; |
(b) | Designed such internal control over financial reporting, or caused such internal control over financial reporting to be designed under our supervision, to provide reasonable assurance regarding the reliability of financial reporting and the preparation of financial statements for external purposes in accordance with generally accepted accounting principles; |
(c) | Evaluated the effectiveness of the registrants disclosure controls and procedures and presented in this report our conclusions about the effectiveness of the disclosure controls and procedures, as of a date within 90 days prior to the filing date of this report, based on such evaluation; and |
(d) | Disclosed in this report any change in the registrants internal control over financial reporting that occurred during the registrants most recent fiscal quarter that has materially affected, or is reasonably likely to materially affect, the registrants internal control over financial reporting; and |
5. | The registrants other certifying officer(s) and I have disclosed to the registrants auditors and the audit committee of the registrants board of directors (or persons performing the equivalent functions): |
(a) | All significant deficiencies and material weaknesses in the design or operation of internal control over financial reporting which are reasonably likely to adversely affect the registrants ability to record, process, summarize, and report financial information; and |
(b) | Any fraud, whether or not material, that involves management or other employees who have a significant role in the registrants internal control over financial reporting. |
Date: August 26, 2014
By: | /s/ Denise R. Lewis | |
Denise R. Lewis | ||
Treasurer and Chief Financial Officer |