Principal
Amount
Fair
Value
CORPORATE
BONDS
—
(continued)
Consumer
Discretionary
Distribution
&
Retail
—
0.1%
$
3,517,000
Amazon.com,
Inc.,
2.700%,
6/3/60(b)
...
$
2,083,903
Consumer
Staples
Distribution
&
Retail
—
0.2%
3,820,000
Kraft
Heinz
Foods
Co.,
4.875%,
10/1/49
.
3,344,823
Diversified
Consumer
Services
—
0.3%
2,317,000
Duke
University,
3.299%,
10/1/46
......
1,740,562
3,898,000
Lehigh
University,
3.479%,
11/15/46
....
2,856,281
4,596,843
Diversified
REITs
—
0.6%
3,279,000
American
Tower
Trust,
3.652%,
3/23/28(b)
3,082,565
2,764,000
LXP
Industrial
Trust,
2.700%,
9/15/30
...
2,334,107
3,428,000
VICI
Properties
L.P.,
5.750%,
4/1/34
....
3,397,765
8,814,437
Diversified
Telecommunication
Services
—
0.5%
29,062
Sprint
Spectrum
Co.,
LLC/Sprint
Spectrum
Co.
II,
LLC/Sprint
Spectrum
Co.
III,
LLC,
4.738%,
3/20/25(a)
...........
28,820
4,358,000
T-Mobile
USA,
Inc.,
6.000%,
6/15/54
...
4,529,525
2,700,000
Warnermedia
Holdings,
Inc.,
4.279%,
3/15/32
.......................
2,359,975
6,918,320
Electric
Utilities
—
1.8%
2,658,000
CenterPoint
Energy
Houston
Electric,
LLC,
5.150%,
3/1/34
..................
2,642,121
2,683,000
DTE
Electric
Co.,
5.200%,
4/1/33
......
2,684,821
2,206,000
Duke
Energy
Florida,
LLC,
6.400%,
6/15/38
.......................
2,369,806
4,927,000
Duke
Energy
Progress,
LLC,
3.600%,
9/15/47
.......................
3,573,385
2,688,000
Georgia
Power
Co.,
4.950%,
5/17/33
....
2,626,153
4,336,000
Indiana
Michigan
Power
Co.,
Series
K,
4.550%,
3/15/46
.................
3,661,038
4,682,000
NextEra
Energy
Capital
Holdings,
Inc.,
2.440%,
1/15/32
.................
3,843,962
2,000,000
Southern
California
Edison
Co.,
5.750%,
4/15/54
.......................
1,967,353
2,636,000
Southern
California
Edison
Co.,
5.950%,
11/1/32
.......................
2,729,175
26,097,814
Energy
Equipment
&
Services
—
1.7%
3,568,000
Aker
BP
ASA,
3.750%,
1/15/30(a)
......
3,270,733
2,108,000
Cheniere
Corpus
Christi
Holdings,
LLC,
3.700%,
11/15/29
................
1,949,452
2,167,000
Cheniere
Energy,
Inc.,
4.625%,
10/15/28
.
2,103,017
1,936,000
Energy
Transfer
L.P.,
6.550%,
12/1/33
...
2,051,540
3,496,000
Enterprise
Products
Operating,
LLC,
5.950%,
2/1/41
..................
3,604,209
1,537,000
Hess
Corp.,
7.875%,
10/1/29(b)
........
1,720,280
2,318,000
ONEOK,
Inc.,
7.150%,
1/15/51
........
2,557,650
Principal
Amount
Fair
Value
CORPORATE
BONDS
—
(continued)
Energy
Equipment
&
Services
—
(continued)
$
2,396,000
Sempra
Infrastructure
Partners
L.P.,
3.250%,
1/15/32(a)
...............
$
1,978,252
1,896,000
Targa
Resources
Corp.,
6.500%,
3/30/34
.
2,010,263
3,194,000
Transcanada
Trust,
5.600%,
(5-Year
Treasury
Constant
Maturity
plus
3.99%),
3/7/82(d)
......................
2,895,736
24,141,132
Equity
Real
Estate
Investment
Trusts
(REITS)
—
0.2%
2,961,000
Store
Capital,
LLC,
2.750%,
11/18/30
...
2,455,647
Financial
Services
—
3.7%
3,650,000
AerCap
Ireland
Capital
DAC/AerCap
Global
Aviation
Trust,
6.150%,
9/30/30
.
3,775,968
2,160,000
Apollo
Debt
Solutions
BDC,
6.900%,
4/13/29(a)
.....................
2,171,806
2,477,000
Ares
Capital
Corp.,
3.875%,
1/15/26
....
2,391,482
1,893,000
Ares
Management
Corp.,
6.375%,
11/10/28
1,972,380
3,445,000
Avolon
Holdings
Funding,
Ltd.,
5.750%,
3/1/29(a)
......................
3,427,221
2,360,000
Barings
BDC,
Inc.,
3.300%,
11/23/26
...
2,178,782
3,509,000
BlackRock,
Inc.,
1.900%,
1/28/31(b)
....
2,911,484
3,049,000
Blackstone
Private
Credit
Fund,
5.950%,
7/16/29(a)
.....................
2,987,815
2,125,000
Blue
Owl
Capital
Corp.,
3.400%,
7/15/26
.
2,002,326
3,890,000
Blue
Owl
Finance,
LLC,
4.125%,
10/7/51(a)
.....................
2,792,863
3,464,000
Citigroup,
Inc.,
3.057%,
(SOFR
plus
1.35%),
1/25/33(f)
...............
2,948,003
1,977,000
Citigroup,
Inc.,
6.174%,
(SOFR
plus
2.66%),
5/25/34(f)
...............
2,013,317
1,805,000
Jefferies
Financial
Group,
Inc.,
4.150%,
1/23/30
.......................
1,677,862
4,496,000
JPMorgan
Chase
&
Co.,
4.912%,
(SOFR
plus
2.08%),
7/25/33(f)
............
4,374,010
2,730,000
LPL
Holdings,
Inc.,
6.750%,
11/17/28
...
2,864,991
1,823,000
Mitsubishi
UFJ
Financial
Group,
Inc.,
5.422%,
(1-Year
Treasury
Constant
Maturity
plus
1.38%),
2/22/29(d)
.....
1,834,460
4,031,000
Morgan
Stanley,
3.591%,
7/22/28(d)
....
3,834,317
2,684,000
S&P
Global,
Inc.,
5.250%,
9/15/33(a)
...
2,714,646
5,242,000
UBS
Group
AG,
4.988%,
(1-Year
Treasury
Constant
Maturity
plus
2.40%),
8/5/33(a)
(d)
...........................
5,008,831
53,882,564
Gas
Utilities
—
0.9%
2,971,000
Entergy
Louisiana,
LLC,
2.350%,
6/15/32
2,416,383
3,686,000
Entergy
Louisiana,
LLC,
5.700%,
3/15/54
3,644,448
2,758,000
National
Grid
PLC,
5.809%,
6/12/33
....
2,776,289
5,830,000
Sempra,
3.800%,
2/1/38
.............
4,776,168
13,613,288