Class Name | Costs of a $10,000 investment* | Costs paid as a percentage of a $10,000 investment^,* |
Class IA | $32 | 0.63% |
* | This does not reflect any transactional costs, such as sales charges (loads) or fees which may be applied at the variable life insurance, variable annuity, or qualified retirement plan product level. |
^ | Annualized. |
Fund's net assets | $1,682,223,343% |
Total number of portfolio holdings (excluding derivatives, if any) | $508% |
Portfolio turnover rate | $27% |
Common Stocks | 65.9 | % |
U.S. Government Securities | 18.8 | % |
Corporate Bonds | 11.5 | % |
Asset & Commercial Mortgage-Backed Securities | 1.0 | % |
U.S. Government Agencies* | 0.9 | % |
Municipal Bonds | 0.5 | % |
Foreign Government Obligations | 0.3 | % |
Short-Term Investments | 0.2 | % |
Other Assets & Liabilities | 0.9 | % |
Total | 100.0 | % |
* | All, or a portion of the securities categorized as U.S. Government Agencies, were agency mortgage-backed securities. |
Class Name | Costs of a $10,000 investment* | Costs paid as a percentage of a $10,000 investment^,* |
Class IB | $45 | 0.88% |
* | This does not reflect any transactional costs, such as sales charges (loads) or fees which may be applied at the variable life insurance, variable annuity, or qualified retirement plan product level. |
^ | Annualized. |
Fund's net assets | $1,682,223,343% |
Total number of portfolio holdings (excluding derivatives, if any) | $508% |
Portfolio turnover rate | $27% |
Common Stocks | 65.9 | % |
U.S. Government Securities | 18.8 | % |
Corporate Bonds | 11.5 | % |
Asset & Commercial Mortgage-Backed Securities | 1.0 | % |
U.S. Government Agencies* | 0.9 | % |
Municipal Bonds | 0.5 | % |
Foreign Government Obligations | 0.3 | % |
Short-Term Investments | 0.2 | % |
Other Assets & Liabilities | 0.9 | % |
Total | 100.0 | % |
* | All, or a portion of the securities categorized as U.S. Government Agencies, were agency mortgage-backed securities. |
Class Name | Costs of a $10,000 investment* | Costs paid as a percentage of a $10,000 investment^,* |
Class IA | $35 | 0.67% |
* | This does not reflect any transactional costs, such as sales charges (loads) or fees which may be applied at the variable life insurance, variable annuity, or qualified retirement plan product level. |
^ | Annualized. |
Fund's net assets | $3,742,286,092% |
Total number of portfolio holdings (excluding derivatives, if any) | $158% |
Portfolio turnover rate | $43% |
Information Technology | 27.5 | % |
Financials | 12.2 | % |
Health Care | 11.9 | % |
Industrials | 9.6 | % |
Consumer Discretionary | 9.5 | % |
Communication Services | 9.2 | % |
Consumer Staples | 5.8 | % |
Energy | 4.0 | % |
Materials | 3.2 | % |
Real Estate | 2.6 | % |
Utilities | 1.5 | % |
Short-Term Investments | 0.6 | % |
Other Assets & Liabilities | 2.4 | % |
Total | 100.0 | % |
Class Name | Costs of a $10,000 investment* | Costs paid as a percentage of a $10,000 investment^,* |
Class IB | $49 | 0.92% |
* | This does not reflect any transactional costs, such as sales charges (loads) or fees which may be applied at the variable life insurance, variable annuity, or qualified retirement plan product level. |
^ | Annualized. |
Fund's net assets | $3,742,286,092% |
Total number of portfolio holdings (excluding derivatives, if any) | $158% |
Portfolio turnover rate | $43% |
Information Technology | 27.5 | % |
Financials | 12.2 | % |
Health Care | 11.9 | % |
Industrials | 9.6 | % |
Consumer Discretionary | 9.5 | % |
Communication Services | 9.2 | % |
Consumer Staples | 5.8 | % |
Energy | 4.0 | % |
Materials | 3.2 | % |
Real Estate | 2.6 | % |
Utilities | 1.5 | % |
Short-Term Investments | 0.6 | % |
Other Assets & Liabilities | 2.4 | % |
Total | 100.0 | % |
Class Name | Costs of a $10,000 investment* | Costs paid as a percentage of a $10,000 investment^,* |
Class IC | $62 | 1.17% |
* | This does not reflect any transactional costs, such as sales charges (loads) or fees which may be applied at the variable life insurance, variable annuity, or qualified retirement plan product level. |
^ | Annualized. |
Fund's net assets | $3,742,286,092% |
Total number of portfolio holdings (excluding derivatives, if any) | $158% |
Portfolio turnover rate | $43% |
Information Technology | 27.5 | % |
Financials | 12.2 | % |
Health Care | 11.9 | % |
Industrials | 9.6 | % |
Consumer Discretionary | 9.5 | % |
Communication Services | 9.2 | % |
Consumer Staples | 5.8 | % |
Energy | 4.0 | % |
Materials | 3.2 | % |
Real Estate | 2.6 | % |
Utilities | 1.5 | % |
Short-Term Investments | 0.6 | % |
Other Assets & Liabilities | 2.4 | % |
Total | 100.0 | % |
Class Name | Costs of a $10,000 investment* | Costs paid as a percentage of a $10,000 investment^,* |
Class IA | $32 | 0.59% |
* | This does not reflect any transactional costs, such as sales charges (loads) or fees which may be applied at the variable life insurance, variable annuity, or qualified retirement plan product level. |
^ | Annualized. |
Fund's net assets | $2,975,259,911% |
Total number of portfolio holdings (excluding derivatives, if any) | $72% |
Portfolio turnover rate | $14% |
Information Technology | 32.1 | % |
Health Care | 14.3 | % |
Financials | 12.3 | % |
Consumer Discretionary | 9.8 | % |
Communication Services | 9.2 | % |
Industrials | 8.2 | % |
Consumer Staples | 4.9 | % |
Energy | 3.1 | % |
Utilities | 2.8 | % |
Materials | 1.8 | % |
Real Estate | 1.4 | % |
Short-Term Investments | 0.0 | %^ |
Other Assets & Liabilities | 0.1 | % |
Total | 100.0 | % |
^ | Percentage rounds to zero. |
Class Name | Costs of a $10,000 investment* | Costs paid as a percentage of a $10,000 investment^,* |
Class IB | $45 | 0.84% |
* | This does not reflect any transactional costs, such as sales charges (loads) or fees which may be applied at the variable life insurance, variable annuity, or qualified retirement plan product level. |
^ | Annualized. |
Fund's net assets | $2,975,259,911% |
Total number of portfolio holdings (excluding derivatives, if any) | $72% |
Portfolio turnover rate | $14% |
Information Technology | 32.1 | % |
Health Care | 14.3 | % |
Financials | 12.3 | % |
Consumer Discretionary | 9.8 | % |
Communication Services | 9.2 | % |
Industrials | 8.2 | % |
Consumer Staples | 4.9 | % |
Energy | 3.1 | % |
Utilities | 2.8 | % |
Materials | 1.8 | % |
Real Estate | 1.4 | % |
Short-Term Investments | 0.0 | %^ |
Other Assets & Liabilities | 0.1 | % |
Total | 100.0 | % |
^ | Percentage rounds to zero. |
Class Name | Costs of a $10,000 investment* | Costs paid as a percentage of a $10,000 investment^,* |
Class IC | $59 | 1.09% |
* | This does not reflect any transactional costs, such as sales charges (loads) or fees which may be applied at the variable life insurance, variable annuity, or qualified retirement plan product level. |
^ | Annualized. |
Fund's net assets | $2,975,259,911% |
Total number of portfolio holdings (excluding derivatives, if any) | $72% |
Portfolio turnover rate | $14% |
Information Technology | 32.1 | % |
Health Care | 14.3 | % |
Financials | 12.3 | % |
Consumer Discretionary | 9.8 | % |
Communication Services | 9.2 | % |
Industrials | 8.2 | % |
Consumer Staples | 4.9 | % |
Energy | 3.1 | % |
Utilities | 2.8 | % |
Materials | 1.8 | % |
Real Estate | 1.4 | % |
Short-Term Investments | 0.0 | %^ |
Other Assets & Liabilities | 0.1 | % |
Total | 100.0 | % |
^ | Percentage rounds to zero. |
Class Name | Costs of a $10,000 investment* | Costs paid as a percentage of a $10,000 investment^,* |
Class IA | $34 | 0.66% |
* | This does not reflect any transactional costs, such as sales charges (loads) or fees which may be applied at the variable life insurance, variable annuity, or qualified retirement plan product level. |
^ | Annualized. |
Fund's net assets | $3,459,603,183% |
Total number of portfolio holdings (excluding derivatives, if any) | $80% |
Portfolio turnover rate | $16% |
Information Technology | 18.6 | % |
Financials | 17.0 | % |
Health Care | 14.0 | % |
Industrials | 8.6 | % |
Energy | 8.4 | % |
Communication Services | 8.1 | % |
Consumer Staples | 7.0 | % |
Utilities | 5.3 | % |
Materials | 4.2 | % |
Consumer Discretionary | 3.4 | % |
Real Estate | 3.0 | % |
Short-Term Investments | 0.6 | % |
Other Assets & Liabilities | 1.8 | % |
Total | 100.0 | % |
Class Name | Costs of a $10,000 investment* | Costs paid as a percentage of a $10,000 investment^,* |
Class IB | $47 | 0.91% |
* | This does not reflect any transactional costs, such as sales charges (loads) or fees which may be applied at the variable life insurance, variable annuity, or qualified retirement plan product level. |
^ | Annualized. |
Fund's net assets | $3,459,603,183% |
Total number of portfolio holdings (excluding derivatives, if any) | $80% |
Portfolio turnover rate | $16% |
Information Technology | 18.6 | % |
Financials | 17.0 | % |
Health Care | 14.0 | % |
Industrials | 8.6 | % |
Energy | 8.4 | % |
Communication Services | 8.1 | % |
Consumer Staples | 7.0 | % |
Utilities | 5.3 | % |
Materials | 4.2 | % |
Consumer Discretionary | 3.4 | % |
Real Estate | 3.0 | % |
Short-Term Investments | 0.6 | % |
Other Assets & Liabilities | 1.8 | % |
Total | 100.0 | % |
Class Name | Costs of a $10,000 investment* | Costs paid as a percentage of a $10,000 investment^,* |
Class IA | $47 | 0.92% |
* | This does not reflect any transactional costs, such as sales charges (loads) or fees which may be applied at the variable life insurance, variable annuity, or qualified retirement plan product level. |
^ | Annualized. |
Fund's net assets | $138,325,335% |
Total number of portfolio holdings (excluding derivatives, if any) | $105% |
Portfolio turnover rate | $20% |
Pharmaceuticals | 31.1 | % |
Biotechnology | 22.1 | % |
Health Care Equipment | 13.3 | % |
Managed Health Care | 11.2 | % |
Life Sciences Tools & Services | 10.3 | % |
Health Care Facilities | 5.1 | % |
Health Care Services | 3.2 | % |
Health Care Distributors | 1.9 | % |
Health Care Technology | 0.5 | % |
Short-Term Investments | 0.4 | % |
Other Assets & Liabilities | 0.9 | % |
Total | 100.0 | % |
Class Name | Costs of a $10,000 investment* | Costs paid as a percentage of a $10,000 investment^,* |
Class IB | $60 | 1.17% |
* | This does not reflect any transactional costs, such as sales charges (loads) or fees which may be applied at the variable life insurance, variable annuity, or qualified retirement plan product level. |
^ | Annualized. |
Fund's net assets | $138,325,335% |
Total number of portfolio holdings (excluding derivatives, if any) | $105% |
Portfolio turnover rate | $20% |
Pharmaceuticals | 31.1 | % |
Biotechnology | 22.1 | % |
Health Care Equipment | 13.3 | % |
Managed Health Care | 11.2 | % |
Life Sciences Tools & Services | 10.3 | % |
Health Care Facilities | 5.1 | % |
Health Care Services | 3.2 | % |
Health Care Distributors | 1.9 | % |
Health Care Technology | 0.5 | % |
Short-Term Investments | 0.4 | % |
Other Assets & Liabilities | 0.9 | % |
Total | 100.0 | % |
Class Name | Costs of a $10,000 investment* | Costs paid as a percentage of a $10,000 investment^,* |
Class IA | $39 | 0.76% |
* | This does not reflect any transactional costs, such as sales charges (loads) or fees which may be applied at the variable life insurance, variable annuity, or qualified retirement plan product level. |
^ | Annualized. |
Fund's net assets | $873,707,052% |
Total number of portfolio holdings (excluding derivatives, if any) | $79% |
Portfolio turnover rate | $20% |
Japan | 13.4 | % |
Germany | 12.1 | % |
United Kingdom | 11.2 | % |
Canada | 9.5 | % |
France | 7.6 | % |
United States | 6.7 | % |
China | 4.6 | % |
Netherlands | 4.5 | % |
Taiwan | 4.2 | % |
India | 3.7 | % |
Switzerland | 3.2 | % |
Italy | 2.7 | % |
South Korea | 2.6 | % |
Denmark | 2.4 | % |
South Africa | 1.7 | % |
Hong Kong | 1.6 | % |
Spain | 1.4 | % |
Australia | 1.3 | % |
Brazil | 1.1 | % |
Thailand | 1.0 | % |
Indonesia | 0.8 | % |
Chile | 0.5 | % |
Short-Term Investments | 0.4 | % |
Other Assets & Liabilities | 1.8 | % |
Total | 100.0 | % |
Class Name | Costs of a $10,000 investment* | Costs paid as a percentage of a $10,000 investment^,* |
Class IB | $52 | 1.01% |
* | This does not reflect any transactional costs, such as sales charges (loads) or fees which may be applied at the variable life insurance, variable annuity, or qualified retirement plan product level. |
^ | Annualized. |
Fund's net assets | $873,707,052% |
Total number of portfolio holdings (excluding derivatives, if any) | $79% |
Portfolio turnover rate | $20% |
Japan | 13.4 | % |
Germany | 12.1 | % |
United Kingdom | 11.2 | % |
Canada | 9.5 | % |
France | 7.6 | % |
United States | 6.7 | % |
China | 4.6 | % |
Netherlands | 4.5 | % |
Taiwan | 4.2 | % |
India | 3.7 | % |
Switzerland | 3.2 | % |
Italy | 2.7 | % |
South Korea | 2.6 | % |
Denmark | 2.4 | % |
South Africa | 1.7 | % |
Hong Kong | 1.6 | % |
Spain | 1.4 | % |
Australia | 1.3 | % |
Brazil | 1.1 | % |
Thailand | 1.0 | % |
Indonesia | 0.8 | % |
Chile | 0.5 | % |
Short-Term Investments | 0.4 | % |
Other Assets & Liabilities | 1.8 | % |
Total | 100.0 | % |
Class Name | Costs of a $10,000 investment* | Costs paid as a percentage of a $10,000 investment^,* |
Class IA | $37 | 0.74% |
* | This does not reflect any transactional costs, such as sales charges (loads) or fees which may be applied at the variable life insurance, variable annuity, or qualified retirement plan product level. |
^ | Annualized. |
Fund's net assets | $922,199,680% |
Total number of portfolio holdings (excluding derivatives, if any) | $98% |
Portfolio turnover rate | $37% |
Information Technology | 26.0 | % |
Health Care | 18.8 | % |
Industrials | 16.4 | % |
Consumer Discretionary | 15.1 | % |
Financials | 11.6 | % |
Energy | 3.9 | % |
Consumer Staples | 3.1 | % |
Utilities | 2.8 | % |
Communication Services | 2.5 | % |
Real Estate | 1.1 | % |
Materials | 1.0 | % |
Short-Term Investments | 1.0 | % |
Other Assets & Liabilities | (3.3 | )% |
Total | 100.0 | % |
Class Name | Costs of a $10,000 investment* | Costs paid as a percentage of a $10,000 investment^,* |
Class IB | $49 | 0.99% |
* | This does not reflect any transactional costs, such as sales charges (loads) or fees which may be applied at the variable life insurance, variable annuity, or qualified retirement plan product level. |
^ | Annualized. |
Fund's net assets | $922,199,680% |
Total number of portfolio holdings (excluding derivatives, if any) | $98% |
Portfolio turnover rate | $37% |
Information Technology | 26.0 | % |
Health Care | 18.8 | % |
Industrials | 16.4 | % |
Consumer Discretionary | 15.1 | % |
Financials | 11.6 | % |
Energy | 3.9 | % |
Consumer Staples | 3.1 | % |
Utilities | 2.8 | % |
Communication Services | 2.5 | % |
Real Estate | 1.1 | % |
Materials | 1.0 | % |
Short-Term Investments | 1.0 | % |
Other Assets & Liabilities | (3.3 | )% |
Total | 100.0 | % |
Class Name | Costs of a $10,000 investment* | Costs paid as a percentage of a $10,000 investment^,* |
Class IA | $33 | 0.65% |
* | This does not reflect any transactional costs, such as sales charges (loads) or fees which may be applied at the variable life insurance, variable annuity, or qualified retirement plan product level. |
^ | Annualized. |
Fund's net assets | $756,339,312% |
Total number of portfolio holdings (excluding derivatives, if any) | $153% |
Portfolio turnover rate | $25% |
Information Technology | 24.4 | % |
Health Care | 23.8 | % |
Industrials | 19.8 | % |
Consumer Discretionary | 12.0 | % |
Financials | 4.7 | % |
Materials | 4.5 | % |
Energy | 3.8 | % |
Consumer Staples | 3.2 | % |
Real Estate | 1.4 | % |
Communication Services | 0.6 | % |
Short-Term Investments | 0.8 | % |
Other Assets & Liabilities | 1.0 | % |
Total | 100.0 | % |
Class Name | Costs of a $10,000 investment* | Costs paid as a percentage of a $10,000 investment^,* |
Class IB | $46 | 0.90% |
* | This does not reflect any transactional costs, such as sales charges (loads) or fees which may be applied at the variable life insurance, variable annuity, or qualified retirement plan product level. |
^ | Annualized. |
Fund's net assets | $756,339,312% |
Total number of portfolio holdings (excluding derivatives, if any) | $153% |
Portfolio turnover rate | $25% |
Information Technology | 24.4 | % |
Health Care | 23.8 | % |
Industrials | 19.8 | % |
Consumer Discretionary | 12.0 | % |
Financials | 4.7 | % |
Materials | 4.5 | % |
Energy | 3.8 | % |
Consumer Staples | 3.2 | % |
Real Estate | 1.4 | % |
Communication Services | 0.6 | % |
Short-Term Investments | 0.8 | % |
Other Assets & Liabilities | 1.0 | % |
Total | 100.0 | % |
Class Name | Costs of a $10,000 investment* | Costs paid as a percentage of a $10,000 investment^,* |
Class IA | $41 | 0.80% |
* | This does not reflect any transactional costs, such as sales charges (loads) or fees which may be applied at the variable life insurance, variable annuity, or qualified retirement plan product level. |
^ | Annualized. |
Fund's net assets | $422,739,100% |
Total number of portfolio holdings (excluding derivatives, if any) | $110% |
Portfolio turnover rate | $15% |
Industrials | 24.4 | % |
Health Care | 23.9 | % |
Information Technology | 16.0 | % |
Consumer Discretionary | 11.8 | % |
Energy | 5.5 | % |
Financials | 4.9 | % |
Communication Services | 3.3 | % |
Consumer Staples | 3.3 | % |
Materials | 2.8 | % |
Real Estate | 2.7 | % |
Short-Term Investments | 0.5 | % |
Other Assets & Liabilities | 0.9 | % |
Total | 100.0 | % |
Class Name | Costs of a $10,000 investment* | Costs paid as a percentage of a $10,000 investment^,* |
Class IB | $53 | 1.05% |
* | This does not reflect any transactional costs, such as sales charges (loads) or fees which may be applied at the variable life insurance, variable annuity, or qualified retirement plan product level. |
^ | Annualized. |
Fund's net assets | $422,739,100% |
Total number of portfolio holdings (excluding derivatives, if any) | $110% |
Portfolio turnover rate | $15% |
Industrials | 24.4 | % |
Health Care | 23.9 | % |
Information Technology | 16.0 | % |
Consumer Discretionary | 11.8 | % |
Energy | 5.5 | % |
Financials | 4.9 | % |
Communication Services | 3.3 | % |
Consumer Staples | 3.3 | % |
Materials | 2.8 | % |
Real Estate | 2.7 | % |
Short-Term Investments | 0.5 | % |
Other Assets & Liabilities | 0.9 | % |
Total | 100.0 | % |
Class Name | Costs of a $10,000 investment* | Costs paid as a percentage of a $10,000 investment^,* |
Class IA | $26 | 0.51% |
* | This does not reflect any transactional costs, such as sales charges (loads) or fees which may be applied at the variable life insurance, variable annuity, or qualified retirement plan product level. |
^ | Annualized. |
Fund's net assets | $1,314,286,463% |
Total number of portfolio holdings (excluding derivatives, if any) | $45% |
Portfolio turnover rate | $7% |
Industrials | 18.9 | % |
Health Care | 18.5 | % |
Information Technology | 15.1 | % |
Financials | 14.2 | % |
Consumer Staples | 13.5 | % |
Consumer Discretionary | 9.9 | % |
Materials | 5.1 | % |
Real Estate | 3.1 | % |
Short-Term Investments | 0.4 | % |
Other Assets & Liabilities | 1.3 | % |
Total | 100.0 | % |
Class Name | Costs of a $10,000 investment* | Costs paid as a percentage of a $10,000 investment^,* |
Class IB | $39 | 0.76% |
* | This does not reflect any transactional costs, such as sales charges (loads) or fees which may be applied at the variable life insurance, variable annuity, or qualified retirement plan product level. |
^ | Annualized. |
Fund's net assets | $1,314,286,463% |
Total number of portfolio holdings (excluding derivatives, if any) | $45% |
Portfolio turnover rate | $7% |
Industrials | 18.9 | % |
Health Care | 18.5 | % |
Information Technology | 15.1 | % |
Financials | 14.2 | % |
Consumer Staples | 13.5 | % |
Consumer Discretionary | 9.9 | % |
Materials | 5.1 | % |
Real Estate | 3.1 | % |
Short-Term Investments | 0.4 | % |
Other Assets & Liabilities | 1.3 | % |
Total | 100.0 | % |
Class Name | Costs of a $10,000 investment* | Costs paid as a percentage of a $10,000 investment^,* |
Class IA | $25 | 0.51% |
* | This does not reflect any transactional costs, such as sales charges (loads) or fees which may be applied at the variable life insurance, variable annuity, or qualified retirement plan product level. |
^ | Annualized. |
Fund's net assets | $1,755,640,062% |
Total number of portfolio holdings | $1,493% |
Portfolio turnover rate | $25% |
U.S. Government Agencies* | 42.4 | % |
Corporate Bonds | 28.9 | % |
Asset & Commercial Mortgage-Backed Securities | 19.1 | % |
U.S. Government Securities | 16.3 | % |
Foreign Government Obligations | 3.1 | % |
Municipal Bonds | 1.3 | % |
Preferred Stocks | 0.1 | % |
Senior Floating Rate Interests | 0.0 | %^ |
Common Stocks | 0.0 | %^ |
Short-Term Investments | 0.4 | % |
Other Assets & Liabilities | (11.6 | )% |
Total | 100.0 | % |
* | All, or a portion of the securities categorized as U.S. Government Agencies, were agency mortgage-backed securities. | |
^ | Percentage rounds to zero. |
Class Name | Costs of a $10,000 investment* | Costs paid as a percentage of a $10,000 investment^,* |
Class IB | $38 | 0.76% |
* | This does not reflect any transactional costs, such as sales charges (loads) or fees which may be applied at the variable life insurance, variable annuity, or qualified retirement plan product level. |
^ | Annualized. |
Fund's net assets | $1,755,640,062% |
Total number of portfolio holdings | $1,493% |
Portfolio turnover rate | $25% |
U.S. Government Agencies* | 42.4 | % |
Corporate Bonds | 28.9 | % |
Asset & Commercial Mortgage-Backed Securities | 19.1 | % |
U.S. Government Securities | 16.3 | % |
Foreign Government Obligations | 3.1 | % |
Municipal Bonds | 1.3 | % |
Preferred Stocks | 0.1 | % |
Senior Floating Rate Interests | 0.0 | %^ |
Common Stocks | 0.0 | %^ |
Short-Term Investments | 0.4 | % |
Other Assets & Liabilities | (11.6 | )% |
Total | 100.0 | % |
* | All, or a portion of the securities categorized as U.S. Government Agencies, were agency mortgage-backed securities. | |
^ | Percentage rounds to zero. |
Class Name | Costs of a $10,000 investment* | Costs paid as a percentage of a $10,000 investment^,* |
Class IA | $22 | 0.44% |
* | This does not reflect any transactional costs, such as sales charges (loads) or fees which may be applied at the variable life insurance, variable annuity, or qualified retirement plan product level. |
^ | Annualized. |
Fund's net assets | $546,939,862% |
Total number of portfolio holdings (excluding derivatives, if any) | $407% |
Portfolio turnover rate | $32% |
Asset & Commercial Mortgage-Backed Securities | 41.2 | % |
Corporate Bonds | 29.0 | % |
U.S. Government Securities | 5.6 | % |
U.S. Government Agencies* | 4.9 | % |
Short-Term Investments | 17.8 | % |
Other Assets & Liabilities | 1.5 | % |
Total | 100.0 | % |
* | All, or a portion of the securities categorized as U.S. Government Agencies, were agency mortgage-backed securities. |
Class Name | Costs of a $10,000 investment* | Costs paid as a percentage of a $10,000 investment^,* |
Class IB | $35 | 0.69% |
* | This does not reflect any transactional costs, such as sales charges (loads) or fees which may be applied at the variable life insurance, variable annuity, or qualified retirement plan product level. |
^ | Annualized. |
Fund's net assets | $546,939,862% |
Total number of portfolio holdings (excluding derivatives, if any) | $407% |
Portfolio turnover rate | $32% |
Asset & Commercial Mortgage-Backed Securities | 41.2 | % |
Corporate Bonds | 29.0 | % |
U.S. Government Securities | 5.6 | % |
U.S. Government Agencies* | 4.9 | % |
Short-Term Investments | 17.8 | % |
Other Assets & Liabilities | 1.5 | % |
Total | 100.0 | % |
* | All, or a portion of the securities categorized as U.S. Government Agencies, were agency mortgage-backed securities. |
(b) | Not applicable |
Item 2. Code of Ethics.
Not applicable to this semi-annual filing.
Item 3. Audit Committee Financial Expert.
Not applicable to this semi-annual filing.
Item 4. Principal Accountant Fees and Services.
Not applicable to this semi-annual filing.
Item 5. Audit Committee of Listed Registrants.
Not applicable.
Item 6. Investments.
(a) | The Schedule of Investments in securities of unaffiliated issuers as of the close of the reporting period is included in the Semi-Annual Financial Statements and Other Information filed under Item 7 of this form. |
(b) | Not applicable. |
Item 7. Financial Statements and Financial Highlights for Open-End Management Investment Companies.
Item 8. Changes in and Disagreements with Accountants for Open-End Management Investment Companies.
Item 9. Proxy Disclosures for Open-End Management Investment Companies.
Item 10. Remuneration Paid to Directors, Officers, and Others of Open-End Management Investment Companies.
Item 11. Statement Regarding Basis for Approval of Investment Advisory Contract.
and Other Information
■ Hartford Balanced HLS Fund |
■ Hartford Capital Appreciation HLS Fund |
■ Hartford Disciplined Equity HLS Fund |
■ Hartford Dividend and Growth HLS Fund |
■ Hartford Healthcare HLS Fund |
■ Hartford International Opportunities HLS Fund |
■ Hartford MidCap HLS Fund |
■ Hartford Small Cap Growth HLS Fund |
■ Hartford Small Company HLS Fund |
■ Hartford Stock HLS Fund |
■ Hartford Total Return Bond HLS Fund |
■ Hartford Ultrashort Bond HLS Fund |
June 30, 2024 (Unaudited)
Shares or Principal Amount | Market Value† | ||
ASSET & COMMERCIAL MORTGAGE-BACKED SECURITIES - 1.0% | |||
Asset-Backed - Automobile - 0.3% | |||
$ 592,754 | CFMT LLC 1.39%, 09/22/2031(1) | $ 585,897 | |
1,845,000 | Enterprise Fleet Financing LLC 6.40%, 03/20/2030(1) | 1,865,797 | |
Ford Credit Auto Owner Trust | |||
275,000 | 1.61%, 10/17/2033(1) | 256,233 | |
260,000 | 1.91%, 10/17/2033(1) | 242,295 | |
331,435 | SFS Auto Receivables Securitization Trust 5.89%, 03/22/2027(1) | 331,775 | |
1,260,000 | Wheels Fleet Lease Funding 1 LLC 6.46%, 08/18/2038(1) | 1,269,986 | |
4,551,983 | |||
Asset-Backed - Student Loan - 0.1% | |||
1,376,411 | Navient Private Education Refi Loan Trust 5.51%, 10/15/2071(1) | 1,380,813 | |
Commercial Mortgage-Backed Securities - 0.3% | |||
CF Hippolyta Issuer LLC | |||
772,807 | 1.53%, 03/15/2061(1) | 708,211 | |
410,193 | 1.69%, 07/15/2060(1) | 388,704 | |
160,216 | 1.98%, 03/15/2061(1) | 143,197 | |
195,426 | 5.97%, 08/15/2062(1) | 192,462 | |
New Economy Assets Phase 1 Sponsor LLC | |||
1,530,000 | 1.91%, 10/20/2061(1) | 1,363,249 | |
480,000 | 2.41%, 10/20/2061(1) | 413,602 | |
2,572,000 | Retained Vantage Data Centers Issuer LLC 5.00%, 09/15/2048(1) | 2,480,843 | |
375,000 | SFAVE Commercial Mortgage Securities Trust 4.14%, 01/05/2043(1)(2) | 314,694 | |
6,004,962 | |||
Other Asset-Backed Securities - 0.2% | |||
37,316 | Aaset Trust 3.84%, 05/15/2039(1) | 35,265 | |
2,973 | Affirm Asset Securitization Trust 1.07%, 08/15/2025(1) | 2,966 | |
Castlelake Aircraft Structured Trust | |||
99,466 | 3.47%, 01/15/2046(1) | 93,561 | |
331,152 | 3.97%, 04/15/2039(1) | 298,122 | |
1,321,391 | Home Partners of America Trust 2.30%, 12/17/2026(1) | 1,215,287 | |
148,416 | Horizon Aircraft Finance II Ltd. 3.72%, 07/15/2039(1) | 135,707 | |
243,398 | Horizon Aircraft Finance III Ltd. 3.43%, 11/15/2039(1) | 210,746 | |
1,155,000 | Kubota Credit Owner Trust 5.28%, 01/18/2028(1) | 1,155,488 | |
134,376 | MACH 1 Cayman Ltd. 3.47%, 10/15/2039(1) | 122,621 | |
64,584 | MAPS Ltd. 4.46%, 03/15/2044(1) | 58,895 | |
192,122 | SCF Equipment Leasing LLC 0.83%, 08/21/2028(1) | 190,812 | |
126,672 | Start II Ltd. 4.09%, 03/15/2044(1) | 121,307 | |
3,640,777 | |||
Whole Loan Collateral CMO - 0.1% | |||
46,149 | Angel Oak Mortgage Trust 2.62%, 11/25/2059(1)(2) | 44,706 | |
377,537 | Federal Home Loan Mortgage Corp. Seasoned Credit Risk Transfer Trust 3.50%, 10/25/2058 | 351,460 | |
Federal National Mortgage Association Connecticut Avenue Securities | |||
264,712 | 6.89%, 10/25/2041, 30 day USD SOFR Average + 1.55%(1)(3) | 265,884 | |
99,398 | 11.35%, 10/25/2028, 30 day USD SOFR Average + 6.01%(3) | 104,415 |
Shares or Principal Amount | Market Value† | ||
ASSET & COMMERCIAL MORTGAGE-BACKED SECURITIES - 1.0% - (continued) | |||
Whole Loan Collateral CMO - 0.1% - (continued) | |||
Flagstar Mortgage Trust | |||
$ 559,662 | 2.00%, 09/25/2041(1)(2) | $ 476,028 | |
266,805 | 4.00%, 05/25/2048(1)(2) | 244,103 | |
185,895 | MetLife Securitization Trust 3.00%, 04/25/2055(1)(2) | 173,808 | |
53,714 | Mill City Mortgage Loan Trust 2.75%, 01/25/2061(1)(2) | 52,982 | |
Towd Point Mortgage Trust | |||
149,991 | 2.75%, 06/25/2057(1)(2) | 143,304 | |
52,280 | 3.00%, 01/25/2058(1)(2) | 50,813 | |
1,907,503 | |||
Total Asset & Commercial Mortgage-Backed Securities (cost $17,842,391) | $ 17,486,038 | ||
CORPORATE BONDS - 11.5% | |||
Aerospace/Defense - 0.2% | |||
415,000 | BAE Systems PLC 5.25%, 03/26/2031(1) | $ 414,261 | |
2,325,000 | HEICO Corp. 5.35%, 08/01/2033 | 2,308,265 | |
560,000 | Lockheed Martin Corp. 4.85%, 09/15/2041 | 514,005 | |
3,236,531 | |||
Agriculture - 0.3% | |||
Philip Morris International, Inc. | |||
985,000 | 5.13%, 02/13/2031 | 974,234 | |
3,537,000 | 5.25%, 02/13/2034 | 3,476,580 | |
4,450,814 | |||
Airlines - 0.0% | |||
83,254 | United Airlines Pass-Through Trust 4.60%, 09/01/2027 | 81,423 | |
Beverages - 0.2% | |||
990,000 | Anheuser-Busch InBev Worldwide, Inc. 4.38%, 04/15/2038 | 903,711 | |
Coca-Cola Consolidated, Inc. | |||
1,969,000 | 5.25%, 06/01/2029 | 1,978,504 | |
575,000 | 5.45%, 06/01/2034 | 581,128 | |
3,463,343 | |||
Biotechnology - 0.2% | |||
Royalty Pharma PLC | |||
2,010,000 | 3.30%, 09/02/2040 | 1,458,232 | |
1,312,000 | 3.35%, 09/02/2051 | 843,857 | |
210,000 | 5.90%, 09/02/2054 | 203,056 | |
2,505,145 | |||
Commercial Banks - 2.1% | |||
Bank of America Corp. | |||
1,610,000 | 3.59%, 07/21/2028, (3.59% fixed rate until 07/21/2027; 3 mo. USD Term SOFR + 1.63% thereafter)(4) | 1,532,974 | |
2,239,000 | 5.82%, 09/15/2029, (5.82% fixed rate until 09/15/2028; 6 mo. USD SOFR + 1.57% thereafter)(4) | 2,286,909 | |
574,000 | 5.87%, 09/15/2034, (5.87% fixed rate until 09/15/2033; 6 mo. USD SOFR + 1.84% thereafter)(4) | 591,561 | |
1,282,000 | Bank of New York Mellon Corp. 4.97%, 04/26/2034, (4.97% fixed rate until 04/26/2033; 6 mo. USD SOFR + 1.61% thereafter)(4) | 1,253,087 | |
1,640,000 | BNP Paribas SA 5.89%, 12/05/2034, (5.89% fixed rate until 12/05/2033; 6 mo. USD SOFR + 1.87% thereafter)(1)(4) | 1,683,043 |
2 |
June 30, 2024 (Unaudited)
Shares or Principal Amount | Market Value† | ||
CORPORATE BONDS - 11.5% - (continued) | |||
Commercial Banks - 2.1% - (continued) | |||
BPCE SA | |||
$ 490,000 | 5.28%, 05/30/2029(1) | $ 488,438 | |
470,000 | 5.94%, 05/30/2035, (5.94% fixed rate until 05/30/2034; 6 mo. USD SOFR + 1.85% thereafter)(1)(4) | 469,055 | |
2,445,000 | 6.71%, 10/19/2029, (6.71% fixed rate until 10/19/2028; 6 mo. USD SOFR + 2.27% thereafter)(1)(4) | 2,536,073 | |
1,460,000 | Canadian Imperial Bank of Commerce 5.24%, 06/28/2027 | 1,457,997 | |
455,000 | Citizens Financial Group, Inc. 5.84%, 01/23/2030, (5.84% fixed rate until 01/23/2029; 6 mo. USD SOFR + 2.01% thereafter)(4) | 453,776 | |
2,505,000 | Commonwealth Bank of Australia 5.07%, 09/14/2028(1)(5) | 2,528,130 | |
2,733,000 | Credit Agricole SA 6.32%, 10/03/2029, (6.32% fixed rate until 10/03/2028; 6 mo. USD SOFR + 1.86% thereafter)(1)(4) | 2,808,135 | |
Danske Bank AS | |||
1,865,000 | 1.62%, 09/11/2026, (1.62% fixed rate until 09/11/2025; 1 yr. USD CMT + 1.35% thereafter)(1)(4) | 1,772,755 | |
900,000 | 5.71%, 03/01/2030, (5.71% fixed rate until 03/01/2029; 1 yr. USD CMT + 1.40% thereafter)(1)(4) | 903,044 | |
1,150,000 | Goldman Sachs Group, Inc. 6.25%, 02/01/2041 | 1,225,393 | |
JP Morgan Chase & Co. | |||
620,000 | 2.52%, 04/22/2031, (2.52% fixed rate until 04/22/2030; 6 mo. USD SOFR + 2.04% thereafter)(4) | 536,258 | |
390,000 | 3.11%, 04/22/2041, (3.11% fixed rate until 04/22/2040; 3 mo. USD Term SOFR + 2.46% thereafter)(4) | 292,952 | |
705,000 | 3.70%, 05/06/2030, (3.70% fixed rate until 05/06/2029; 3 mo. USD Term SOFR + 1.42% thereafter)(4) | 659,550 | |
805,000 | 4.45%, 12/05/2029, (4.45% fixed rate until 12/05/2028; 3 mo. USD Term SOFR + 1.59% thereafter)(4) | 781,977 | |
Morgan Stanley | |||
790,000 | 5.47%, 01/18/2035, (5.47% fixed rate until 01/18/2034; 6 mo. USD SOFR + 1.73% thereafter)(4) | 789,471 | |
1,372,000 | 5.95%, 01/19/2038, (5.95% fixed rate until 01/19/2033; 5 yr. USD CMT + 2.43% thereafter)(4) | 1,366,483 | |
UBS AG | |||
1,545,000 | 5.65%, 09/11/2028 | 1,574,489 | |
2,737,000 | 7.50%, 02/15/2028 | 2,929,814 | |
UBS Group AG | |||
1,695,000 | 1.49%, 08/10/2027, (1.49% fixed rate until 08/10/2026; 1 yr. USD CMT + 0.85% thereafter)(1)(4) | 1,555,026 | |
320,000 | 6.30%, 09/22/2034, (6.30% fixed rate until 09/22/2033; 1 yr. USD CMT + 2.00% thereafter)(1)(4) | 333,377 |
Shares or Principal Amount | Market Value† | ||
CORPORATE BONDS - 11.5% - (continued) | |||
Commercial Banks - 2.1% - (continued) | |||
Wells Fargo & Co. | |||
$ 1,750,000 | 4.61%, 04/25/2053, (4.61% fixed rate until 04/25/2052; 6 mo. USD SOFR + 2.13% thereafter)(4) | $ 1,503,959 | |
1,665,000 | 6.30%, 10/23/2029, (6.30% fixed rate until 10/23/2028; 6 mo. USD SOFR + 1.79% thereafter)(4) | 1,728,474 | |
36,042,200 | |||
Commercial Services - 0.3% | |||
Ashtead Capital, Inc. | |||
2,285,000 | 2.45%, 08/12/2031(1) | 1,848,337 | |
600,000 | 5.50%, 08/11/2032(1) | 586,401 | |
380,000 | 5.55%, 05/30/2033(1) | 370,945 | |
470,000 | 5.80%, 04/15/2034(1) | 467,303 | |
475,000 | 5.95%, 10/15/2033(1) | 476,803 | |
715,000 | Element Fleet Management Corp. 5.64%, 03/13/2027(1) | 716,848 | |
895,000 | ERAC USA Finance LLC 5.20%, 10/30/2034(1) | 888,286 | |
5,354,923 | |||
Diversified Financial Services - 0.9% | |||
American Express Co. | |||
1,698,000 | 5.04%, 05/01/2034, (5.04% fixed rate until 05/01/2033; 6 mo. USD SOFR + 1.84% thereafter)(4) | 1,663,480 | |
195,000 | 6.49%, 10/30/2031, (6.49% fixed rate until 10/30/2030; 6 mo. USD SOFR + 1.94% thereafter)(4) | 208,040 | |
Aviation Capital Group LLC | |||
1,715,000 | 1.95%, 09/20/2026(1) | 1,580,483 | |
4,566,000 | 5.38%, 07/15/2029(1) | 4,515,328 | |
2,615,000 | Blackstone Holdings Finance Co. LLC 2.55%, 03/30/2032(1) | 2,174,606 | |
Capital One Financial Corp. | |||
455,000 | 5.70%, 02/01/2030, (5.70% fixed rate until 02/01/2029; 6 mo. USD SOFR + 1.91% thereafter)(4) | 457,432 | |
580,000 | 6.31%, 06/08/2029, (6.31% fixed rate until 06/08/2028; 6 mo. USD SOFR + 2.64% thereafter)(4) | 593,721 | |
535,000 | 7.15%, 10/29/2027, (7.15% fixed rate until 10/29/2026; 6 mo. USD SOFR + 2.44% thereafter)(4) | 552,837 | |
Intercontinental Exchange, Inc. | |||
2,185,000 | 4.00%, 09/15/2027 | 2,110,855 | |
816,000 | 4.35%, 06/15/2029 | 789,685 | |
Nasdaq, Inc. | |||
175,000 | 5.95%, 08/15/2053 | 177,604 | |
165,000 | 6.10%, 06/28/2063 | 168,929 | |
14,993,000 | |||
Electric - 1.3% | |||
1,200,000 | American Transmission Systems, Inc. 2.65%, 01/15/2032(1) | 1,000,095 | |
1,960,000 | Cleveland Electric Illuminating Co. 3.50%, 04/01/2028(1) | 1,834,211 | |
360,000 | Dominion Energy South Carolina, Inc. 6.63%, 02/01/2032 | 392,271 | |
Dominion Energy, Inc. | |||
55,000 | 3.38%, 04/01/2030 | 49,713 | |
607,000 | 5.38%, 11/15/2032 | 602,969 | |
1,176,000 | 7.00%, 06/01/2054, (7.00% fixed rate until 03/03/2034; 5 yr. USD CMT + 2.51% thereafter)(4) | 1,223,528 |
3 |
June 30, 2024 (Unaudited)
Shares or Principal Amount | Market Value† | ||
CORPORATE BONDS - 11.5% - (continued) | |||
Electric - 1.3% - (continued) | |||
Emera U.S. Finance LP | |||
$ 990,000 | 2.64%, 06/15/2031 | $ 818,628 | |
291,000 | 4.75%, 06/15/2046 | 240,281 | |
1,155,000 | FirstEnergy Corp. 4.15%, 07/15/2027 | 1,108,222 | |
FirstEnergy Pennsylvania Electric Co. | |||
241,000 | 3.60%, 06/01/2029(1) | 224,251 | |
60,000 | 5.15%, 03/30/2026(1) | 59,595 | |
75,000 | 5.20%, 04/01/2028(1) | 74,964 | |
Georgia Power Co. | |||
3,073,000 | 4.70%, 05/15/2032 | 2,974,425 | |
245,000 | 4.75%, 09/01/2040 | 221,709 | |
826,000 | 5.13%, 05/15/2052 | 771,309 | |
Pacific Gas & Electric Co. | |||
2,613,300 | 4.50%, 07/01/2040 | 2,159,523 | |
789,000 | 6.75%, 01/15/2053 | 824,541 | |
Public Service Enterprise Group, Inc. | |||
990,000 | 5.20%, 04/01/2029 | 987,913 | |
570,000 | 5.45%, 04/01/2034 | 566,110 | |
860,000 | San Diego Gas & Electric Co. 3.70%, 03/15/2052 | 626,901 | |
SCE Recovery Funding LLC | |||
374,906 | 0.86%, 11/15/2033 | 320,378 | |
220,000 | 1.94%, 05/15/2040 | 162,000 | |
125,000 | 2.51%, 11/15/2043 | 84,740 | |
1,156,000 | Sempra 4.13%, 04/01/2052, (4.13% fixed rate until 01/01/2027; 5 yr. USD CMT + 2.87% thereafter)(4) | 1,064,253 | |
1,241,000 | Southern California Edison Co. 5.88%, 12/01/2053 | 1,243,343 | |
1,471,488 | Texas Electric Market Stabilization Funding N LLC 4.27%, 08/01/2036(1) | 1,413,623 | |
21,049,496 | |||
Entertainment - 0.2% | |||
3,341,000 | Warnermedia Holdings, Inc. 4.05%, 03/15/2029 | 3,087,195 | |
Food - 0.1% | |||
2,226,000 | Tyson Foods, Inc. 5.70%, 03/15/2034 | 2,221,372 | |
Gas - 0.2% | |||
330,000 | Boston Gas Co. 3.15%, 08/01/2027(1) | 307,453 | |
500,000 | CenterPoint Energy Resources Corp. 5.40%, 07/01/2034 | 496,105 | |
1,870,000 | KeySpan Gas East Corp. 2.74%, 08/15/2026(1) | 1,763,016 | |
790,000 | Southern Co. Gas Capital Corp. 5.75%, 09/15/2033 | 810,946 | |
3,377,520 | |||
Healthcare - Products - 0.3% | |||
Alcon Finance Corp. | |||
3,395,000 | 3.00%, 09/23/2029(1) | 3,076,587 | |
200,000 | 5.38%, 12/06/2032(1) | 200,744 | |
200,000 | 5.75%, 12/06/2052(1) | 203,283 | |
1,595,000 | Smith & Nephew PLC 5.40%, 03/20/2034 | 1,573,729 | |
5,054,343 | |||
Healthcare - Services - 0.4% | |||
285,000 | Children's Hospital 2.93%, 07/15/2050 | 184,064 | |
714,000 | Dignity Health 3.81%, 11/01/2024 | 708,676 | |
450,000 | HCA, Inc. 5.45%, 04/01/2031 | 450,172 | |
Icon Investments Six DAC | |||
305,000 | 5.85%, 05/08/2029 | 310,078 | |
2,077,000 | 6.00%, 05/08/2034 | 2,125,947 | |
920,000 | Providence St. Joseph Health Obligated Group 5.40%, 10/01/2033(5) | 914,289 |
Shares or Principal Amount | Market Value† | ||
CORPORATE BONDS - 11.5% - (continued) | |||
Healthcare - Services - 0.4% - (continued) | |||
$ 175,000 | Sutter Health 2.29%, 08/15/2030 | $ 150,141 | |
320,000 | Toledo Hospital 5.75%, 11/15/2038 | 315,936 | |
UnitedHealth Group, Inc. | |||
355,000 | 2.00%, 05/15/2030 | 301,928 | |
645,000 | 4.20%, 05/15/2032 | 608,049 | |
95,000 | 4.75%, 05/15/2052 | 84,580 | |
6,153,860 | |||
Insurance - 0.8% | |||
American International Group, Inc. | |||
437,000 | 3.40%, 06/30/2030 | 397,552 | |
375,000 | 4.38%, 06/30/2050 | 312,070 | |
Athene Global Funding | |||
2,815,000 | 2.50%, 03/24/2028(1) | 2,525,239 | |
1,280,000 | 5.58%, 01/09/2029(1) | 1,285,835 | |
1,960,000 | Brighthouse Financial Global Funding 5.65%, 06/10/2029(1) | 1,959,811 | |
1,389,000 | CNO Global Funding 5.88%, 06/04/2027(1) | 1,393,747 | |
1,404,000 | Corebridge Financial, Inc. 4.35%, 04/05/2042 | 1,158,956 | |
Corebridge Global Funding | |||
855,000 | 5.20%, 06/24/2029(1) | 852,320 | |
275,000 | 5.90%, 09/19/2028(1) | 280,894 | |
1,200,000 | Equitable Financial Life Global Funding 1.40%, 08/27/2027(1) | 1,063,505 | |
1,350,000 | GA Global Funding Trust 5.50%, 01/08/2029(1) | 1,350,727 | |
555,000 | Met Tower Global Funding 5.25%, 04/12/2029(1) | 558,105 | |
1,010,000 | RGA Global Funding 5.45%, 05/24/2029(1) | 1,013,120 | |
14,151,881 | |||
Investment Company Security - 0.1% | |||
Abu Dhabi Developmental Holding Co. PJSC | |||
1,720,000 | 5.38%, 05/08/2029(1) | 1,747,401 | |
510,000 | 5.50%, 05/08/2034(1) | 523,566 | |
2,270,967 | |||
Machinery-Diversified - 0.2% | |||
2,805,000 | Westinghouse Air Brake Technologies Corp. 5.61%, 03/11/2034 | 2,827,227 | |
Media - 0.1% | |||
2,405,000 | Comcast Corp. 3.25%, 11/01/2039 | 1,856,550 | |
Time Warner Cable LLC | |||
395,000 | 6.55%, 05/01/2037 | 374,958 | |
250,000 | 7.30%, 07/01/2038 | 253,482 | |
2,484,990 | |||
Mining - 0.3% | |||
Glencore Funding LLC | |||
805,000 | 5.37%, 04/04/2029(1) | 801,682 | |
425,000 | 5.89%, 04/04/2054(1) | 410,734 | |
3,540,000 | 6.38%, 10/06/2030(1) | 3,692,454 | |
4,904,870 | |||
Oil & Gas - 0.4% | |||
2,145,000 | BP Capital Markets America, Inc. 5.23%, 11/17/2034 | 2,133,767 | |
555,000 | Eni SpA 5.95%, 05/15/2054(1) | 547,992 | |
Equinor ASA | |||
85,000 | 2.88%, 04/06/2025 | 83,358 | |
2,470,000 | 3.00%, 04/06/2027 | 2,348,370 | |
QatarEnergy | |||
935,000 | 2.25%, 07/12/2031(1) | 780,856 | |
780,000 | 3.13%, 07/12/2041(1) | 581,378 | |
615,000 | Saudi Arabian Oil Co. 3.50%, 04/16/2029(1) | 571,071 | |
7,046,792 |
4 |
June 30, 2024 (Unaudited)
Shares or Principal Amount | Market Value† | ||
CORPORATE BONDS - 11.5% - (continued) | |||
Oil & Gas Services - 0.1% | |||
$ 905,000 | Schlumberger Holdings Corp. 5.00%, 11/15/2029(1) | $ 898,797 | |
Pharmaceuticals - 0.0% | |||
113,000 | CVS Health Corp. 4.30%, 03/25/2028 | 109,154 | |
Pipelines - 0.4% | |||
305,000 | Columbia Pipelines Holding Co. LLC 5.68%, 01/15/2034(1) | 300,679 | |
Columbia Pipelines Operating Co. LLC | |||
375,000 | 5.93%, 08/15/2030(1) | 383,389 | |
676,000 | 6.50%, 08/15/2043(1) | 706,443 | |
Energy Transfer LP | |||
180,000 | 4.95%, 06/15/2028 | 177,703 | |
750,000 | 5.00%, 05/15/2050 | 639,951 | |
945,000 | 5.35%, 05/15/2045 | 848,148 | |
160,000 | 5.55%, 05/15/2034 | 158,366 | |
1,681,580 | Galaxy Pipeline Assets Bidco Ltd. 2.16%, 03/31/2034(1) | 1,442,851 | |
Gray Oak Pipeline LLC | |||
606,000 | 2.60%, 10/15/2025(1) | 581,766 | |
100,000 | 3.45%, 10/15/2027(1) | 94,094 | |
1,015,000 | MPLX LP 5.50%, 06/01/2034 | 1,001,761 | |
6,335,151 | |||
Real Estate Investment Trusts - 1.0% | |||
2,410,000 | American Tower Trust I 5.49%, 03/15/2053(1) | 2,420,195 | |
Extra Space Storage LP | |||
435,000 | 5.50%, 07/01/2030 | 438,599 | |
935,000 | 5.90%, 01/15/2031 | 956,143 | |
2,612,000 | GLP Capital LP/GLP Financing II, Inc. 6.75%, 12/01/2033 | 2,744,773 | |
1,542,000 | Kite Realty Group LP 5.50%, 03/01/2034 | 1,510,607 | |
2,718,000 | LXP Industrial Trust 6.75%, 11/15/2028 | 2,820,299 | |
2,610,000 | Realty Income Corp. 5.13%, 02/15/2034 | 2,538,760 | |
SBA Tower Trust | |||
545,000 | 1.63%, 05/15/2051(1) | 495,044 | |
300,000 | 1.88%, 07/15/2050(1) | 282,132 | |
470,000 | 2.84%, 01/15/2050(1) | 461,745 | |
1,842,000 | VICI Properties LP/VICI Note Co., Inc. 5.75%, 02/01/2027(1) | 1,842,398 | |
WEA Finance LLC | |||
160,000 | 2.88%, 01/15/2027(1) | 148,651 | |
350,000 | 3.50%, 06/15/2029(1) | 314,177 | |
16,973,523 | |||
Semiconductors - 0.5% | |||
2,704,000 | Broadcom, Inc. 3.47%, 04/15/2034(1) | 2,310,442 | |
Foundry JV Holdco LLC | |||
305,000 | 5.90%, 01/25/2030(1) | 309,562 | |
1,252,000 | 6.15%, 01/25/2032(1) | 1,278,020 | |
2,290,000 | 6.25%, 01/25/2035(1) | 2,343,073 | |
1,338,000 | 6.40%, 01/25/2038(1) | 1,381,746 | |
795,000 | Intel Corp. 5.60%, 02/21/2054 | 774,456 | |
8,397,299 | |||
Software - 0.4% | |||
Constellation Software, Inc. | |||
225,000 | 5.16%, 02/16/2029(1) | 225,062 | |
2,826,000 | 5.46%, 02/16/2034(1) | 2,831,925 | |
Oracle Corp. | |||
111,000 | 3.60%, 04/01/2050 | 77,908 | |
3,844,000 | 3.65%, 03/25/2041 | 2,952,460 | |
606,000 | 5.55%, 02/06/2053 | 576,174 | |
6,663,529 |
Shares or Principal Amount | Market Value† | ||
CORPORATE BONDS - 11.5% - (continued) | |||
Telecommunications - 0.4% | |||
AT&T, Inc. | |||
$ 1,589,000 | 3.50%, 09/15/2053 | $ 1,084,666 | |
84,000 | 3.65%, 06/01/2051 | 59,647 | |
146,000 | 3.85%, 06/01/2060 | 102,439 | |
1,841,000 | 4.30%, 12/15/2042 | 1,536,059 | |
420,000 | Sprint Spectrum Co. LLC/Sprint Spectrum Co. II LLC/Sprint Spectrum Co. III LLC 4.74%, 09/20/2029(1) | 417,373 | |
T-Mobile USA, Inc. | |||
3,005,000 | 3.38%, 04/15/2029 | 2,776,021 | |
41,000 | 5.75%, 01/15/2054 | 41,005 | |
Verizon Communications, Inc. | |||
500,000 | 2.88%, 11/20/2050 | 316,393 | |
760,000 | 2.99%, 10/30/2056 | 468,404 | |
513,000 | 3.00%, 11/20/2060 | 308,891 | |
7,110,898 | |||
Trucking & Leasing - 0.1% | |||
2,185,000 | DAE Funding LLC 1.55%, 08/01/2024(1) | 2,176,094 | |
Total Corporate Bonds (cost $196,690,385) | $ 193,422,337 | ||
FOREIGN GOVERNMENT OBLIGATIONS - 0.3% | |||
Israel - 0.1% | |||
1,630,000 | Israel Government International Bonds 5.38%, 03/12/2029 | $ 1,599,250 | |
Mexico - 0.1% | |||
1,400,000 | Mexico Government International Bonds 6.40%, 05/07/2054 | 1,333,609 | |
Saudi Arabia - 0.1% | |||
1,640,000 | Saudi Government International Bonds 5.75%, 01/16/2054(1) | 1,594,244 | |
Total Foreign Government Obligations (cost $4,604,467) | $ 4,527,103 | ||
MUNICIPAL BONDS - 0.5% | |||
Airport - 0.0% | |||
Dallas Fort Worth International Airport, TX, Rev | |||
60,000 | 4.09%, 11/01/2051 | $ 49,798 | |
115,000 | 4.51%, 11/01/2051 | 102,069 | |
710,000 | Port Auth of New York & New Jersey, NY, Rev 3.18%, 07/15/2060 | 475,326 | |
627,193 | |||
General - 0.1% | |||
174,655 | Chicago Transit Auth Sales & Transfer Tax Receipts, IL, Rev 6.90%, 12/01/2040 | 192,958 | |
540,000 | Kansas Dev Finance Auth, KS, Rev, (BAM) 2.77%, 05/01/2051 | 372,262 | |
1,250,000 | Philadelphia Auth for Industrial Dev, PA, Rev, (NPFG) 6.55%, 10/15/2028 | 1,333,979 | |
1,899,199 | |||
General Obligation - 0.1% | |||
2,569,412 | State of Illinois, IL, GO 5.10%, 06/01/2033 | 2,521,133 | |
Tobacco - 0.0% | |||
130,000 | Golden State Tobacco Securitization Corp., CA, Rev 3.00%, 06/01/2046 | 118,678 |
5 |
June 30, 2024 (Unaudited)
Shares or Principal Amount | Market Value† | ||
MUNICIPAL BONDS - 0.5% - (continued) | |||
Transportation - 0.1% | |||
Metropolitan Transportation Auth, NY, Rev | |||
$ 25,000 | 6.20%, 11/15/2026 | $ 25,130 | |
375,000 | 6.67%, 11/15/2039 | 406,687 | |
785,000 | 6.81%, 11/15/2040 | 860,509 | |
1,292,326 | |||
Utilities - 0.1% | |||
897,287 | Texas Natural Gas Securitization Finance Corp., TX, Rev 5.10%, 04/01/2035 | 896,217 | |
Utility - Electric - 0.1% | |||
735,000 | Illinois Municipal Electric Agency, IL, Rev 6.83%, 02/01/2035 | 777,360 | |
813,000 | Municipal Electric Auth of Georgia, GA, Rev 6.64%, 04/01/2057 | 884,758 | |
1,662,118 | |||
Total Municipal Bonds (cost $9,986,240) | $ 9,016,864 | ||
U.S. GOVERNMENT AGENCIES - 0.9% | |||
Mortgage-Backed Agencies - 0.9% | |||
Federal Home Loan Mortgage Corp. - 0.4% | |||
59,971 | 3.00%, 07/01/2051 | $ 51,230 | |
930,378 | 3.00%, 01/01/2052 | 794,157 | |
66,776 | 3.00%, 03/01/2052 | 57,035 | |
900,148 | 3.00%, 06/01/2052 | 768,835 | |
50,000 | 3.00%, 07/01/2052 | 42,664 | |
59,646 | 3.00%, 08/01/2052 | 50,852 | |
795,000 | 4.43%, 02/25/2033(2) | 775,043 | |
274,751 | 5.50%, 03/01/2053 | 271,889 | |
2,045,280 | 5.50%, 05/01/2053 | 2,020,704 | |
533,213 | 5.50%, 06/01/2053 | 526,604 | |
274,011 | 5.50%, 09/01/2053 | 271,037 | |
710,244 | 5.50%, 11/01/2053 | 701,441 | |
1,232 | 6.58%, 04/01/2029, 1 yr. USD CMT + 2.24%(3) | 1,224 | |
6,332,715 | |||
Federal National Mortgage Association - 0.0% | |||
32,976 | 3.00%, 03/01/2052 | 28,116 | |
271,922 | 5.50%, 08/01/2053 | 269,013 | |
55,813 | 5.84%, 10/25/2024, 30 day USD SOFR Average + 0.51%(3) | 55,538 | |
352,667 | |||
Government National Mortgage Association - 0.2% | |||
2,073,455 | 2.50%, 10/20/2049 | 1,787,460 | |
28,969 | 5.00%, 07/15/2037 | 28,900 | |
790 | 6.00%, 07/15/2026 | 797 | |
532 | 6.00%, 03/15/2028 | 543 | |
804 | 6.00%, 04/15/2028 | 816 | |
19,865 | 6.00%, 05/15/2028 | 20,034 | |
9,564 | 6.00%, 07/15/2028 | 9,703 | |
3,344 | 6.00%, 08/15/2028 | 3,378 | |
18,571 | 6.00%, 09/15/2028 | 18,789 | |
28,033 | 6.00%, 10/15/2028 | 28,298 | |
23,516 | 6.00%, 11/15/2028 | 23,729 | |
18,645 | 6.00%, 12/15/2028 | 18,897 | |
435 | 6.00%, 12/15/2031 | 446 | |
7,763 | 6.00%, 09/15/2032 | 8,052 | |
3,177 | 6.00%, 11/15/2032 | 3,268 | |
1,391 | 6.00%, 04/15/2033 | 1,407 | |
35,917 | 6.00%, 06/15/2033 | 36,887 | |
11,313 | 6.00%, 10/15/2033 | 11,615 | |
947 | 6.00%, 11/15/2033 | 986 |
Shares or Principal Amount | Market Value† | ||
U.S. GOVERNMENT AGENCIES - 0.9% - (continued) | |||
Mortgage-Backed Agencies - 0.9% - (continued) | |||
Government National Mortgage Association - 0.2% - (continued) | |||
$ 17,804 | 6.00%, 10/15/2034 | $ 18,049 | |
43,816 | 6.00%, 01/15/2035 | 44,411 | |
5,036 | 6.00%, 05/15/2035 | 5,110 | |
5,776 | 6.00%, 06/15/2035 | 5,854 | |
64 | 6.50%, 03/15/2026 | 65 | |
161 | 6.50%, 01/15/2028 | 163 | |
14,817 | 6.50%, 03/15/2028 | 15,033 | |
22,014 | 6.50%, 04/15/2028 | 22,301 | |
6,404 | 6.50%, 05/15/2028 | 6,502 | |
24,920 | 6.50%, 06/15/2028 | 25,484 | |
2,429 | 6.50%, 10/15/2028 | 2,464 | |
714 | 6.50%, 02/15/2035 | 731 | |
1,469 | 7.00%, 11/15/2031 | 1,492 | |
879 | 7.00%, 03/15/2032 | 892 | |
370,465 | 7.00%, 11/15/2032 | 385,777 | |
36,311 | 7.00%, 01/15/2033 | 37,193 | |
43,159 | 7.00%, 05/15/2033 | 44,176 | |
5,556 | 7.00%, 07/15/2033 | 5,671 | |
48,907 | 7.00%, 11/15/2033 | 50,121 | |
16,451 | 7.50%, 09/16/2035 | 16,729 | |
18 | 8.00%, 09/15/2026 | 18 | |
968 | 8.00%, 12/15/2026 | 975 | |
10 | 8.00%, 09/15/2027 | 10 | |
929 | 8.00%, 07/15/2029 | 948 | |
961 | 8.00%, 12/15/2029 | 966 | |
2,485 | 8.00%, 01/15/2030 | 2,488 | |
1,056 | 8.00%, 02/15/2030 | 1,052 | |
493 | 8.00%, 03/15/2030 | 491 | |
4,505 | 8.00%, 04/15/2030 | 4,510 | |
2,632 | 8.00%, 05/15/2030 | 2,639 | |
13,711 | 8.00%, 06/15/2030 | 13,818 | |
752 | 8.00%, 07/15/2030 | 753 | |
20,551 | 8.00%, 08/15/2030 | 20,659 | |
9,696 | 8.00%, 09/15/2030 | 9,706 | |
42,409 | 8.00%, 12/15/2030 | 42,692 | |
2,793,948 | |||
Uniform Mortgage-Backed Security - 0.3% | |||
2,096,000 | 3.00%, 07/01/2054(6) | 1,786,502 | |
1,511,000 | 4.00%, 07/01/2054(6) | 1,384,902 | |
850,000 | 5.00%, 07/01/2054(6) | 822,904 | |
1,369,000 | 6.00%, 07/01/2054(6) | 1,374,154 | |
5,368,462 | |||
Total U.S. Government Agencies (cost $14,828,059) | $ 14,847,792 | ||
U.S. GOVERNMENT SECURITIES - 18.8% | |||
U.S. Treasury Securities - 18.8% | |||
U.S. Treasury Bonds - 6.0% | |||
9,876,300 | 2.50%, 02/15/2045(7) | $ 7,080,458 | |
2,041,900 | 2.75%, 11/15/2047 | 1,493,299 | |
7,630,100 | 2.88%, 05/15/2052 | 5,628,689 | |
400,000 | 3.25%, 05/15/2042 | 334,125 | |
5,288,500 | 3.38%, 08/15/2042 | 4,485,516 | |
6,095,900 | 3.63%, 02/15/2053 | 5,218,900 | |
6,254,900 | 3.63%, 05/15/2053 | 5,356,735 | |
7,959,100 | 3.88%, 02/15/2043 | 7,224,127 | |
8,002,100 | 3.88%, 05/15/2043 | 7,250,965 | |
6,040,000 | 4.00%, 11/15/2042 | 5,590,067 | |
6,259,200 | 4.00%, 11/15/2052 | 5,736,704 | |
2,696,900 | 4.13%, 08/15/2053 | 2,527,080 | |
6,566,900 | 4.25%, 02/15/2054 | 6,291,911 | |
10,384,700 | 4.38%, 02/15/2038 | 10,402,143 |
6 |
June 30, 2024 (Unaudited)
Shares or Principal Amount | Market Value† | ||
U.S. GOVERNMENT SECURITIES - 18.8% - (continued) | |||
U.S. Treasury Securities - 18.8% - (continued) | |||
U.S. Treasury Bonds - 6.0% - (continued) | |||
$ 6,195,900 | 4.38%, 08/15/2043 | $ 6,006,151 | |
6,803,600 | 4.50%, 02/15/2044 | 6,703,672 | |
433,600 | 4.63%, 05/15/2044 | 434,616 | |
1,322,700 | 4.63%, 05/15/2054 | 1,349,154 | |
5,604,000 | 4.75%, 11/15/2043 | 5,702,946 | |
6,234,300 | 4.75%, 11/15/2053 | 6,484,646 | |
101,301,904 | |||
U.S. Treasury Notes - 12.8% | |||
3,825,000 | 0.38%, 11/30/2025 | 3,588,328 | |
1,080,000 | 0.88%, 09/30/2026 | 993,980 | |
150,000 | 1.25%, 05/31/2028 | 133,043 | |
603,000 | 1.25%, 09/30/2028 | 530,122 | |
1,020,000 | 1.38%, 10/31/2028 | 899,911 | |
4,505,600 | 1.50%, 01/31/2027 | 4,170,144 | |
530,000 | 1.50%, 11/30/2028 | 469,257 | |
2,115,000 | 1.63%, 10/31/2026 | 1,975,212 | |
590,000 | 2.63%, 07/31/2029 | 543,975 | |
4,670,000 | 2.75%, 04/30/2027 | 4,449,817 | |
890,000 | 2.75%, 05/31/2029 | 827,318 | |
897,000 | 3.13%, 08/31/2027 | 860,700 | |
1,185,300 | 3.25%, 06/30/2027 | 1,143,861 | |
326,000 | 3.25%, 06/30/2029 | 309,891 | |
414,000 | 3.50%, 09/15/2025 | 406,545 | |
3,074,000 | 3.50%, 04/30/2028 | 2,974,936 | |
635,000 | 3.50%, 04/30/2030 | 607,665 | |
4,313,500 | 3.63%, 03/31/2028 | 4,194,373 | |
1,369,000 | 3.63%, 05/31/2028 | 1,330,604 | |
512,000 | 3.63%, 03/31/2030 | 493,400 | |
7,134,400 | 3.75%, 12/31/2028 | 6,955,761 | |
620,000 | 3.75%, 05/31/2030 | 600,964 | |
1,633,000 | 3.75%, 06/30/2030 | 1,582,351 | |
1,598,000 | 3.75%, 12/31/2030 | 1,545,316 | |
5,122,000 | 3.88%, 11/30/2027 | 5,026,163 | |
7,157,100 | 3.88%, 12/31/2027 | 7,022,345 | |
685,000 | 3.88%, 11/30/2029 | 669,507 | |
1,100,000 | 4.00%, 12/15/2025 | 1,085,820 | |
2,186,000 | 4.00%, 02/15/2026 | 2,156,369 | |
411,000 | 4.00%, 01/15/2027 | 405,092 | |
8,016,000 | 4.00%, 02/29/2028 | 7,897,012 | |
3,203,000 | 4.00%, 06/30/2028 | 3,155,706 | |
9,425,700 | 4.00%, 01/31/2029 | 9,286,155 | |
150,000 | 4.00%, 10/31/2029 | 147,562 | |
483,900 | 4.00%, 07/31/2030 | 475,167 | |
1,207,300 | 4.00%, 02/15/2034 | 1,174,477 | |
260,000 | 4.13%, 06/15/2026 | 257,024 | |
6,548,200 | 4.13%, 09/30/2027 | 6,476,067 | |
3,381,200 | 4.13%, 10/31/2027 | 3,344,086 | |
4,725,200 | 4.13%, 07/31/2028 | 4,677,394 | |
8,627,100 | 4.13%, 03/31/2029 | 8,544,199 | |
754,300 | 4.13%, 08/31/2030 | 745,402 | |
11,364,000 | 4.25%, 01/31/2026 | 11,254,799 | |
9,040,700 | 4.25%, 02/28/2029 | 9,005,738 | |
3,953,000 | 4.38%, 12/15/2026 | 3,930,919 | |
3,675,700 | 4.38%, 08/31/2028 | 3,673,116 | |
4,531,000 | 4.38%, 11/30/2028 | 4,532,593 | |
130,000 | 4.38%, 11/30/2030 | 130,239 | |
4,371,400 | 4.38%, 05/15/2034 | 4,382,328 | |
3,545,400 | 4.50%, 03/31/2026 | 3,526,981 | |
7,692,600 | 4.50%, 05/31/2029 | 7,749,694 | |
8,602,300 | 4.63%, 02/28/2026 | 8,571,721 | |
730,000 | 4.63%, 10/15/2026 | 729,458 | |
866,000 | 4.63%, 11/15/2026 | 865,696 |
Shares or Principal Amount | Market Value† | ||
U.S. GOVERNMENT SECURITIES - 18.8% - (continued) | |||
U.S. Treasury Securities - 18.8% - (continued) | |||
U.S. Treasury Notes - 12.8% - (continued) | |||
$ 4,485,000 | 4.63%, 09/30/2028 | $ 4,525,295 | |
3,654,600 | 4.63%, 04/30/2029 | 3,698,855 | |
1,733,700 | 4.63%, 04/30/2031 | 1,763,498 | |
1,012,100 | 4.63%, 05/31/2031 | 1,029,654 | |
11,114,000 | 4.88%, 11/30/2025 | 11,101,410 | |
1,660,800 | 4.88%, 04/30/2026 | 1,663,265 | |
8,934,100 | 4.88%, 05/31/2026 | 8,951,898 | |
11,962,000 | 4.88%, 10/31/2028 | 12,190,960 | |
927,000 | 4.88%, 10/31/2030 | 954,122 | |
5,874,000 | 5.00%, 09/30/2025 | 5,871,705 | |
214,236,965 | |||
Total U.S. Government Securities (cost $325,238,889) | $ 315,538,869 | ||
COMMON STOCKS - 65.9% | |||
Automobiles & Components - 0.8% | |||
381,887 | Gentex Corp. | $ 12,873,411 | |
Banks - 3.8% | |||
147,815 | JP Morgan Chase & Co. | 29,897,062 | |
128,994 | M&T Bank Corp. | 19,524,532 | |
90,421 | PNC Financial Services Group, Inc. | 14,058,657 | |
63,480,251 | |||
Capital Goods - 4.9% | |||
117,609 | 3M Co. | 12,018,464 | |
124,643 | Emerson Electric Co. | 13,730,673 | |
151,194 | Fortune Brands Innovations, Inc. | 9,818,538 | |
42,701 | General Dynamics Corp. | 12,389,268 | |
199,092 | Johnson Controls International PLC | 13,233,645 | |
55,396 | L3Harris Technologies, Inc. | 12,440,834 | |
79,282 | Middleby Corp.* | 9,720,766 | |
83,352,188 | |||
Consumer Discretionary Distribution & Retail - 1.2% | |||
226,891 | LKQ Corp. | 9,436,397 | |
41,458 | Tractor Supply Co. | 11,193,660 | |
20,630,057 | |||
Consumer Durables & Apparel - 0.6% | |||
69,194 | Lennar Corp. Class A | 10,370,105 | |
Consumer Services - 3.2% | |||
75,958 | Airbnb, Inc. Class A* | 11,517,512 | |
309,226 | H&R Block, Inc. | 16,769,326 | |
192,590 | Starbucks Corp. | 14,993,131 | |
148,370 | Wyndham Hotels & Resorts, Inc. | 10,979,380 | |
54,259,349 | |||
Energy - 1.9% | |||
142,144 | ConocoPhillips | 16,258,431 | |
117,920 | Targa Resources Corp. | 15,185,737 | |
31,444,168 | |||
Equity Real Estate Investment Trusts (REITs) - 1.4% | |||
139,905 | Crown Castle, Inc. REIT | 13,668,719 | |
218,977 | Gaming & Leisure Properties, Inc. REIT | 9,899,950 | |
23,568,669 | |||
Financial Services - 6.8% | |||
107,465 | Ares Management Corp. Class A | 14,322,935 | |
90,451 | Intercontinental Exchange, Inc. | 12,381,837 | |
109,559 | KKR & Co., Inc. | 11,529,989 | |
37,165 | LPL Financial Holdings, Inc. | 10,380,184 | |
136,345 | Morgan Stanley | 13,251,371 | |
71,860 | Nasdaq, Inc. | 4,330,284 |
7 |
June 30, 2024 (Unaudited)
Shares or Principal Amount | Market Value† | ||
COMMON STOCKS - 65.9% - (continued) | |||
Financial Services - 6.8% - (continued) | |||
126,222 | Raymond James Financial, Inc. | $ 15,602,301 | |
31,648 | S&P Global, Inc. | 14,115,008 | |
72,342 | Visa, Inc. Class A | 18,987,605 | |
114,901,514 | |||
Food, Beverage & Tobacco - 0.9% | |||
446,570 | Keurig Dr Pepper, Inc. | 14,915,438 | |
Health Care Equipment & Services - 5.5% | |||
47,138 | Align Technology, Inc.* | 11,380,528 | |
214,933 | Boston Scientific Corp.* | 16,551,990 | |
232,607 | Centene Corp.* | 15,421,844 | |
39,191 | Elevance Health, Inc. | 21,236,035 | |
56,351 | UnitedHealth Group, Inc. | 28,697,310 | |
93,287,707 | |||
Household & Personal Products - 1.3% | |||
573,054 | Kenvue, Inc. | 10,418,122 | |
225,273 | Unilever PLC ADR | 12,387,762 | |
22,805,884 | |||
Insurance - 1.7% | |||
26,770 | Everest Group Ltd. | 10,199,905 | |
253,355 | MetLife, Inc. | 17,782,988 | |
27,982,893 | |||
Materials - 0.7% | |||
341,645 | Axalta Coating Systems Ltd.* | 11,674,010 | |
Media & Entertainment - 5.6% | |||
365,200 | Alphabet, Inc. Class C | 66,984,984 | |
97,359 | Electronic Arts, Inc. | 13,565,029 | |
149,445 | Omnicom Group, Inc. | 13,405,217 | |
93,955,230 | |||
Pharmaceuticals, Biotechnology & Life Sciences - 5.1% | |||
178,652 | AstraZeneca PLC ADR | 13,933,069 | |
32,576 | Eli Lilly & Co. | 29,493,659 | |
625,561 | Pfizer, Inc. | 17,503,197 | |
38,369 | Roche Holding AG | 10,630,466 | |
30,073 | Vertex Pharmaceuticals, Inc.* | 14,095,817 | |
85,656,208 | |||
Real Estate Management & Development - 0.7% | |||
131,878 | CBRE Group, Inc. Class A* | 11,751,648 | |
Semiconductors & Semiconductor Equipment - 3.9% | |||
18,765 | Broadcom, Inc. | 30,127,771 | |
72,735 | NXP Semiconductors NV | 19,572,261 | |
78,156 | QUALCOMM, Inc. | 15,567,112 | |
65,267,144 | |||
Software & Services - 10.1% | |||
58,530 | Accenture PLC Class A | 17,758,587 | |
38,959 | Adobe, Inc.* | 21,643,283 | |
145,982 | Amdocs Ltd. | 11,520,899 | |
217,349 | Microsoft Corp. | 97,144,136 | |
84,973 | Salesforce, Inc. | 21,846,558 | |
169,913,463 | |||
Technology Hardware & Equipment - 3.2% | |||
418,915 | Cisco Systems, Inc. | 19,902,652 | |
538,022 | Corning, Inc. | 20,902,155 | |
72,094 | F5, Inc.* | 12,416,749 | |
53,221,556 | |||
Transportation - 2.6% | |||
195,871 | Knight-Swift Transportation Holdings, Inc. | 9,777,880 |
Shares or Principal Amount | Market Value† | ||
COMMON STOCKS - 65.9% - (continued) | |||
Transportation - 2.6% - (continued) | |||
223,817 | Uber Technologies, Inc.* | $ 16,267,020 | |
127,219 | United Parcel Service, Inc. Class B | 17,409,920 | |
43,454,820 | |||
Total Common Stocks (cost $691,286,490) | $ 1,108,765,713 | ||
Total Long-Term Investments (cost $1,260,476,921) | $ 1,663,604,716 | ||
SHORT-TERM INVESTMENTS - 0.2% | |||
Repurchase Agreements - 0.2% | |||
$ 3,661,293 | Fixed Income Clearing Corp. Repurchase Agreement dated 06/28/2024 at 5.31%, due on 07/01/2024 with a maturity value of $3,662,913; collateralized by U.S. Treasury Note at 4.38%, maturing 08/15/2026, with a market value of $3,734,716 | $ 3,661,293 | |
Securities Lending Collateral - 0.0% | |||
85,547 | Goldman Sachs Financial Square Funds, Government Fund, Institutional Class, 5.21%(8) | 85,547 | |
285,158 | HSBC U.S. Government Money Market Fund, Institutional Class, 5.22%(8) | 285,158 | |
85,547 | Invesco Government & Agency Portfolio, Institutional Class, 5.23%(8) | 85,547 | |
85,491 | Morgan Stanley Institutional Liquidity Funds, Government Portfolio, Institutional Class, 5.22%(8) | 85,491 | |
541,743 | |||
Total Short-Term Investments (cost $4,203,036) | $ 4,203,036 | ||
Total Investments (cost $1,264,679,957) | 99.1% | $ 1,667,807,752 | |
Other Assets and Liabilities | 0.9% | 14,415,591 | |
Net Assets | 100.0% | $ 1,682,223,343 |
Note: | Percentage of investments as shown is the ratio of the total market value to total net assets. |
Prices of foreign equities that are principally traded on certain foreign markets will generally be adjusted daily pursuant to a fair value pricing service approved by Hartford Funds Management Company, LLC in order to reflect an adjustment for factors occurring after the close of certain foreign markets but before the close of the New York Stock Exchange. | |
The Fund may refer to any one or more of the industry classifications used by one or more widely recognized market indices, ratings group and/or as defined by Fund management. Industry classifications may not be identical across all security types. | |
Equity industry classifications used in this report are the Global Industry Classification Standard, which was developed by and is the exclusive property and service mark of MSCI, Inc. and Standard & Poor’s. | |
For Fund compliance purposes, the Fund may not use the same classification system. These classifications are used for financial reporting purposes. | |
See “Glossary” for abbreviation descriptions. |
8 |
June 30, 2024 (Unaudited)
* | Non-income producing. |
(1) | Security was purchased pursuant to Rule 144A under the Securities Act of 1933 and may be sold in transactions that are exempt from registration (typically only to qualified institutional buyers) or in a public offering registered under the Securities Act of 1933. At June 30, 2024, the aggregate value of these securities was $103,485,001, representing 6.2% of net assets. |
(2) | Variable or floating rate security, which interest rate adjusts periodically based on changes in current interest rates and prepayments on the underlying pool of assets. Rate shown is the rate in effect as of period end. |
(3) | Variable rate securities; the rate reported is the coupon rate in effect at June 30, 2024. Base lending rates may be subject to a floor or cap. |
(4) | Fixed to variable rate investment. The rate shown reflects the fixed rate in effect at June 30, 2024. Rate will reset at a future date. Base lending rates may be subject to a floor or cap. |
(5) | Represents entire or partial securities on loan. See Note 8 in the accompanying Notes to Financial Statements for securities lending information. |
(6) | Represents or includes a TBA transaction. |
(7) | All, or a portion of the security, was pledged as collateral in connection with futures contracts. As of June 30, 2024, the market value of securities pledged was $103,953. |
(8) | Current yield as of period end. |
Futures Contracts Outstanding at June 30, 2024 | ||||||||
Description | Number of Contracts | Expiration Date | Current Notional Amount | Value and Unrealized Appreciation/ (Depreciation) | ||||
Short position contracts: | ||||||||
U.S. Treasury 10-Year Note Future | (45) | 09/19/2024 | $ (4,949,297) | $ 22,249 | ||||
Total futures contracts | $ 22,249 |
9 |
June 30, 2024 (Unaudited)
Description | Total | Level 1 | Level 2 | Level 3(1) | ||||
Assets | ||||||||
Asset & Commercial Mortgage-Backed Securities | $ 17,486,038 | $ — | $ 17,486,038 | $ — | ||||
Corporate Bonds | 193,422,337 | — | 193,422,337 | — | ||||
Foreign Government Obligations | 4,527,103 | — | 4,527,103 | — | ||||
Municipal Bonds | 9,016,864 | — | 9,016,864 | — | ||||
U.S. Government Agencies | 14,847,792 | — | 14,847,792 | — | ||||
U.S. Government Securities | 315,538,869 | — | 315,538,869 | — | ||||
Common Stocks | ||||||||
Automobiles & Components | 12,873,411 | 12,873,411 | — | — | ||||
Banks | 63,480,251 | 63,480,251 | — | — | ||||
Capital Goods | 83,352,188 | 83,352,188 | — | — | ||||
Consumer Discretionary Distribution & Retail | 20,630,057 | 20,630,057 | — | — | ||||
Consumer Durables & Apparel | 10,370,105 | 10,370,105 | — | — | ||||
Consumer Services | 54,259,349 | 54,259,349 | — | — | ||||
Energy | 31,444,168 | 31,444,168 | — | — | ||||
Equity Real Estate Investment Trusts (REITs) | 23,568,669 | 23,568,669 | — | — | ||||
Financial Services | 114,901,514 | 114,901,514 | — | — | ||||
Food, Beverage & Tobacco | 14,915,438 | 14,915,438 | — | — | ||||
Health Care Equipment & Services | 93,287,707 | 93,287,707 | — | — | ||||
Household & Personal Products | 22,805,884 | 22,805,884 | — | — | ||||
Insurance | 27,982,893 | 27,982,893 | — | — | ||||
Materials | 11,674,010 | 11,674,010 | — | — | ||||
Media & Entertainment | 93,955,230 | 93,955,230 | — | — | ||||
Pharmaceuticals, Biotechnology & Life Sciences | 85,656,208 | 75,025,742 | 10,630,466 | — | ||||
Real Estate Management & Development | 11,751,648 | 11,751,648 | — | — | ||||
Semiconductors & Semiconductor Equipment | 65,267,144 | 65,267,144 | — | — | ||||
Software & Services | 169,913,463 | 169,913,463 | — | — | ||||
Technology Hardware & Equipment | 53,221,556 | 53,221,556 | — | — | ||||
Transportation | 43,454,820 | 43,454,820 | — | — | ||||
Short-Term Investments | 4,203,036 | 541,743 | 3,661,293 | — | ||||
Futures Contracts(2) | 22,249 | 22,249 | — | — | ||||
Total | $ 1,667,830,001 | $ 1,098,699,239 | $ 569,130,762 | $ — |
(1) | For the six-month period ended June 30, 2024, there were no transfers in and out of Level 3. |
(2) | Derivative instruments (excluding purchased and written options, if applicable) are valued at the unrealized appreciation/(depreciation) on the investments. |
10 |
June 30, 2024 (Unaudited)
Shares or Principal Amount | Market Value† | ||
COMMON STOCKS - 97.0% | |||
Automobiles & Components - 0.5% | |||
547,822 | Gentex Corp. | $ 18,467,080 | |
Banks - 0.9% | |||
84,328 | JP Morgan Chase & Co. | 17,056,181 | |
120,649 | M&T Bank Corp. | 18,261,433 | |
35,317,614 | |||
Capital Goods - 6.8% | |||
151,017 | AerCap Holdings NV | 14,074,785 | |
43,484 | Airbus SE | 5,968,033 | |
31,435 | Axon Enterprise, Inc.* | 9,249,434 | |
49,675 | Builders FirstSource, Inc.* | 6,875,517 | |
112,198 | Dover Corp. | 20,246,129 | |
147,604 | Emerson Electric Co. | 16,260,057 | |
132,865 | Fluor Corp.* | 5,786,271 | |
112,938 | General Dynamics Corp. | 32,767,831 | |
48,920 | General Electric Co. | 7,776,812 | |
350,600 | HF Global, Inc.*(1)(2) | 9,641,500 | |
180,791 | Honeywell International, Inc. | 38,606,110 | |
34,534 | Lockheed Martin Corp. | 16,130,832 | |
51,185 | Middleby Corp.* | 6,275,793 | |
33,954 | Northrop Grumman Corp. | 14,802,246 | |
126,549 | RTX Corp. | 12,704,254 | |
1,199,000 | Techtronic Industries Co. Ltd. | 13,668,469 | |
111,934 | Toro Co. | 10,466,948 | |
88,048 | Westinghouse Air Brake Technologies Corp. | 13,915,986 | |
255,217,007 | |||
Commercial & Professional Services - 0.5% | |||
161,987 | Copart, Inc.* | 8,773,216 | |
55,322 | Leidos Holdings, Inc. | 8,070,373 | |
16,843,589 | |||
Consumer Discretionary Distribution & Retail - 5.4% | |||
672,495 | Amazon.com, Inc.* | 129,959,659 | |
7,265 | O'Reilly Automotive, Inc.* | 7,672,276 | |
56,457 | Ross Stores, Inc. | 8,204,331 | |
461,498 | TJX Cos., Inc. | 50,810,930 | |
115,140 | Tory Burch LLC*(1)(2) | 5,250,368 | |
201,897,564 | |||
Consumer Durables & Apparel - 1.3% | |||
542,127 | NIKE, Inc. Class B | 40,860,112 | |
246,035 | On Holding AG Class A* | 9,546,158 | |
50,406,270 | |||
Consumer Services - 2.3% | |||
272,569 | DraftKings, Inc. Class A* | 10,403,959 | |
143,951 | Las Vegas Sands Corp. | 6,369,832 | |
160,759 | McDonald's Corp. | 40,967,823 | |
55,384 | Royal Caribbean Cruises Ltd.* | 8,829,871 | |
170,772 | Viking Holdings Ltd.* | 5,796,002 | |
161,713 | Wyndham Hotels & Resorts, Inc. | 11,966,762 | |
84,334,249 | |||
Consumer Staples Distribution & Retail - 0.5% | |||
42,393 | Dollar Tree, Inc.* | 4,526,301 | |
198,396 | Sysco Corp. | 14,163,490 | |
18,689,791 | |||
Energy - 4.0% | |||
571,734 | Canadian Natural Resources Ltd. | 20,353,730 | |
146,072 | Chevron Corp. | 22,848,582 | |
106,439 | ConocoPhillips | 12,174,493 | |
51,003 | Diamondback Energy, Inc. | 10,210,291 | |
361,359 | Enbridge, Inc. | 12,855,775 | |
433,780 | Halliburton Co. | 14,653,088 | |
586,278 | Schlumberger NV | 27,660,596 |
Shares or Principal Amount | Market Value† | ||
COMMON STOCKS - 97.0% - (continued) | |||
Energy - 4.0% - (continued) | |||
45,090 | Targa Resources Corp. | $ 5,806,690 | |
531,296 | Williams Cos., Inc. | 22,580,080 | |
149,143,325 | |||
Equity Real Estate Investment Trusts (REITs) - 2.5% | |||
217,402 | American Tower Corp. REIT | 42,258,601 | |
72,291 | AvalonBay Communities, Inc. REIT | 14,956,285 | |
27,426 | Equinix, Inc. REIT | 20,750,511 | |
336,072 | UDR, Inc. REIT | 13,829,363 | |
91,794,760 | |||
Financial Services - 7.0% | |||
183,937 | American Express Co. | 42,590,612 | |
247,582 | Charles Schwab Corp. | 18,244,318 | |
50,063 | Corpay, Inc.* | 13,337,284 | |
167,514 | Equitable Holdings, Inc. | 6,844,622 | |
76,177 | KKR & Co., Inc. | 8,016,868 | |
40,758 | Mastercard, Inc. Class A | 17,980,799 | |
312,931 | Morgan Stanley | 30,413,764 | |
183,537 | Raymond James Financial, Inc. | 22,687,009 | |
43,388 | S&P Global, Inc. | 19,351,048 | |
242,629 | TPG, Inc. | 10,056,972 | |
156,337 | Tradeweb Markets, Inc. Class A | 16,571,722 | |
157,713 | Visa, Inc. Class A | 41,394,931 | |
207,056 | Voya Financial, Inc. | 14,732,034 | |
262,221,983 | |||
Food, Beverage & Tobacco - 3.1% | |||
371,100 | Coca-Cola Co. | 23,620,515 | |
84,648 | Constellation Brands, Inc. Class A | 21,778,238 | |
477,357 | Keurig Dr Pepper, Inc. | 15,943,724 | |
206,354 | PepsiCo, Inc. | 34,033,965 | |
381,738 | Tyson Foods, Inc. Class A | 21,812,509 | |
117,188,951 | |||
Health Care Equipment & Services - 5.4% | |||
27,259 | Align Technology, Inc.* | 6,581,140 | |
273,118 | Centene Corp.* | 18,107,723 | |
79,510 | Dexcom, Inc.* | 9,014,844 | |
100,805 | Encompass Health Corp. | 8,648,061 | |
39,896 | Humana, Inc. | 14,907,140 | |
29,412 | Intuitive Surgical, Inc.* | 13,083,928 | |
134,086 | Quest Diagnostics, Inc. | 18,353,692 | |
107,413 | Stryker Corp. | 36,547,273 | |
39,926 | Teleflex, Inc. | 8,397,636 | |
132,422 | UnitedHealth Group, Inc. | 67,437,228 | |
201,078,665 | |||
Household & Personal Products - 2.1% | |||
43,978 | elf Beauty, Inc.* | 9,267,044 | |
807,461 | Kenvue, Inc. | 14,679,641 | |
224,092 | Procter & Gamble Co. | 36,957,253 | |
346,192 | Unilever PLC | 19,001,555 | |
79,905,493 | |||
Insurance - 4.2% | |||
124,204 | Allstate Corp. | 19,830,411 | |
219,610 | Chubb Ltd. | 56,018,119 | |
51,109 | Everest Group Ltd. | 19,473,551 | |
133,919 | Globe Life, Inc. | 11,018,855 | |
192,675 | Marsh & McLennan Cos., Inc. | 40,600,476 | |
159,501 | MetLife, Inc. | 11,195,375 | |
158,136,787 | |||
Materials - 3.2% | |||
129,809 | CRH PLC | 9,619,387 | |
167,033 | FMC Corp. | 9,612,749 | |
74,110 | Freeport-McMoRan, Inc. | 3,601,746 | |
101,658 | Linde PLC | 44,608,547 | |
112,573 | PPG Industries, Inc. | 14,171,815 |
11 |
June 30, 2024 (Unaudited)
Shares or Principal Amount | Market Value† | ||
COMMON STOCKS - 97.0% - (continued) | |||
Materials - 3.2% - (continued) | |||
48,744 | Reliance, Inc. | $ 13,921,286 | |
274,391 | Rio Tinto PLC ADR | 18,090,599 | |
28,545 | Vulcan Materials Co. | 7,098,571 | |
120,724,700 | |||
Media & Entertainment - 8.3% | |||
474,285 | Alphabet, Inc. Class A | 86,391,013 | |
168,674 | Alphabet, Inc. Class C | 30,938,185 | |
82,191 | Electronic Arts, Inc. | 11,451,672 | |
158,539 | Liberty Media Corp.-Liberty Formula One Class C* | 11,389,442 | |
234,677 | Live Nation Entertainment, Inc.* | 21,998,622 | |
136,715 | Meta Platforms, Inc. Class A | 68,934,437 | |
36,782 | Netflix, Inc.* | 24,823,436 | |
358,372 | Pinterest, Inc. Class A* | 15,793,454 | |
57,704 | Spotify Technology SA* | 18,106,938 | |
223,021 | Walt Disney Co. | 22,143,755 | |
311,970,954 | |||
Pharmaceuticals, Biotechnology & Life Sciences - 6.5% | |||
133,232 | Agilent Technologies, Inc. | 17,270,864 | |
280,211 | AstraZeneca PLC ADR | 21,853,656 | |
176,420 | Danaher Corp. | 44,078,537 | |
43,149 | Eli Lilly & Co. | 39,066,241 | |
160,588 | Exact Sciences Corp.* | 6,784,843 | |
39,365 | Natera, Inc.* | 4,262,836 | |
119,645 | Novartis AG | 12,738,798 | |
1,891,916 | Pfizer, Inc. | 52,935,810 | |
347,927 | Sanofi SA ADR | 16,881,418 | |
41,440 | United Therapeutics Corp.* | 13,200,712 | |
16,979 | Vertex Pharmaceuticals, Inc.* | 7,958,397 | |
43,923 | Zoetis, Inc. | 7,614,491 | |
244,646,603 | |||
Real Estate Management & Development - 0.2% | |||
34,735 | Jones Lang LaSalle, Inc.* | 7,130,401 | |
Semiconductors & Semiconductor Equipment - 11.0% | |||
54,230 | ARM Holdings PLC ADR* | 8,873,113 | |
20,399 | Broadcom, Inc. | 32,751,206 | |
131,247 | Enphase Energy, Inc.* | 13,086,638 | |
104,626 | Marvell Technology, Inc. | 7,313,357 | |
201,720 | Micron Technology, Inc. | 26,532,232 | |
1,645,856 | NVIDIA Corp. | 203,329,050 | |
94,089 | NXP Semiconductors NV | 25,318,409 | |
143,114 | ON Semiconductor Corp.* | 9,810,465 | |
151,653 | QUALCOMM, Inc. | 30,206,245 | |
65,200 | Skyworks Solutions, Inc. | 6,949,016 | |
235,305 | Texas Instruments, Inc. | 45,773,882 | |
409,943,613 | |||
Software & Services - 8.7% | |||
181,879 | Accenture PLC Class A | 55,183,907 | |
38,957 | Adobe, Inc.* | 21,642,172 | |
22,916 | Crowdstrike Holdings, Inc. Class A* | 8,781,182 | |
49,527 | Datadog, Inc. Class A* | 6,423,157 | |
432,965 | Microsoft Corp. | 193,513,707 | |
67,181 | Salesforce, Inc. | 17,272,235 | |
21,678 | ServiceNow, Inc.* | 17,053,432 | |
5,611 | Sharecare, Inc. Earnout*(1)(2) | 76 | |
65,777 | Shopify, Inc. Class A* | 4,344,571 | |
324,214,439 | |||
Technology Hardware & Equipment - 7.9% | |||
1,181,482 | Apple, Inc. | 248,843,739 | |
20,792 | Arista Networks, Inc.* | 7,287,180 | |
210,621 | Cisco Systems, Inc. | 10,006,604 | |
53,083 | Dell Technologies, Inc. Class C | 7,320,677 | |
285,470 | Flex Ltd.* | 8,418,510 |
Shares or Principal Amount | Market Value† | ||
COMMON STOCKS - 97.0% - (continued) | |||
Technology Hardware & Equipment - 7.9% - (continued) | |||
80,500 | Pure Storage, Inc. Class A* | $ 5,168,905 | |
127,575 | Samsung Electronics Co. Ltd. | 7,508,270 | |
294,553,885 | |||
Telecommunication Services - 0.8% | |||
177,100 | T-Mobile U.S., Inc. | 31,201,478 | |
Transportation - 2.4% | |||
369,165 | Delta Air Lines, Inc. | 17,513,188 | |
305,815 | Knight-Swift Transportation Holdings, Inc. | 15,266,285 | |
238,242 | Uber Technologies, Inc.* | 17,315,428 | |
75,438 | Union Pacific Corp. | 17,068,602 | |
156,079 | United Parcel Service, Inc. Class B | 21,359,411 | |
88,522,914 | |||
Utilities - 1.5% | |||
248,600 | Edison International | 17,851,966 | |
632,956 | Exelon Corp. | 21,906,607 | |
1,338,914 | Iberdrola SA | 17,372,313 | |
57,130,886 | |||
Total Common Stocks (cost $2,552,128,585) | $ 3,630,683,001 | ||
CONVERTIBLE PREFERRED STOCKS - 0.0% | |||
Software & Services - 0.0% | |||
58 | Magic Leap, Inc. Class A*(1)(2)(3) | $ 55 | |
Total Convertible Preferred Stocks (cost $679,566) | $ 55 | ||
Total Long-Term Investments (cost $2,552,808,151) | $ 3,630,683,056 | ||
SHORT-TERM INVESTMENTS - 0.6% | |||
Repurchase Agreements - 0.6% | |||
$ 22,584,119 | Fixed Income Clearing Corp. Repurchase Agreement dated 06/28/2024 at 5.31%, due on 07/01/2024 with a maturity value of $22,594,112; collateralized by U.S. Treasury Notes at 1.50%-4.375, maturing 08/15/2026, with a market value of $23,035,915 | $ 22,584,119 | |
Total Short-Term Investments (cost $22,584,119) | $ 22,584,119 | ||
Total Investments (cost $2,575,392,270) | 97.6% | $ 3,653,267,175 | |
Other Assets and Liabilities | 2.4% | 89,018,917 | |
Net Assets | 100.0% | $ 3,742,286,092 |
Note: | Percentage of investments as shown is the ratio of the total market value to total net assets. |
Prices of foreign equities that are principally traded on certain foreign markets will generally be adjusted daily pursuant to a fair value pricing service approved by Hartford Funds Management Company, LLC in order to reflect an adjustment for factors occurring after the close of certain foreign markets but before the close of the New York Stock Exchange. | |
Equity industry classifications used in this report are the Global Industry Classification Standard, which was developed by and is the exclusive property and service mark of MSCI, Inc. and Standard & Poor’s. | |
For Fund compliance purposes, the Fund may not use the same classification system. These classifications are used for financial reporting purposes. |
12 |
June 30, 2024 (Unaudited)
* | Non-income producing. |
(1) | Investment in securities not registered under the Securities Act of 1933 (excluding securities acquired pursuant to Rule 144A and Regulation S). At the end of the period, the value of such restricted securities amounted to $14,891,999 or 0.4% of net assets. |
Period Acquired | Security Name | Shares/ Par Value | Total Cost | Market Value | ||||
06/2015 | HF Global, Inc. | 350,600 | $ 4,713,607 | $ 9,641,500 | ||||
12/2015 | Magic Leap, Inc. Class A Convertible Preferred | 58 | 679,566 | 55 | ||||
07/2021 | Sharecare, Inc. Earnout | 5,611 | — | 76 | ||||
11/2013 | Tory Burch LLC | 115,140 | 9,024,247 | 5,250,368 | ||||
$ 14,417,420 | $ 14,891,999 |
(2) | Investment valued using significant unobservable inputs. |
(3) | Currently no rate available. |
Futures Contracts Outstanding at June 30, 2024 | ||||||||
Description | Number of Contracts | Expiration Date | Current Notional Amount | Value and Unrealized Appreciation/ (Depreciation) | ||||
Long position contracts: | ||||||||
S&P 500 (E-Mini) Future | 319 | 09/20/2024 | $ 88,067,925 | $ 296,211 | ||||
Total futures contracts | $ 296,211 |
13 |
June 30, 2024 (Unaudited)
Description | Total | Level 1 | Level 2 | Level 3(1) | ||||
Assets | ||||||||
Common Stocks | ||||||||
Automobiles & Components | $ 18,467,080 | $ 18,467,080 | $ — | $ — | ||||
Banks | 35,317,614 | 35,317,614 | — | — | ||||
Capital Goods | 255,217,007 | 225,939,005 | 19,636,502 | 9,641,500 | ||||
Commercial & Professional Services | 16,843,589 | 16,843,589 | — | — | ||||
Consumer Discretionary Distribution & Retail | 201,897,564 | 196,647,196 | — | 5,250,368 | ||||
Consumer Durables & Apparel | 50,406,270 | 50,406,270 | — | — | ||||
Consumer Services | 84,334,249 | 84,334,249 | — | — | ||||
Consumer Staples Distribution & Retail | 18,689,791 | 18,689,791 | — | — | ||||
Energy | 149,143,325 | 149,143,325 | — | — | ||||
Equity Real Estate Investment Trusts (REITs) | 91,794,760 | 91,794,760 | — | — | ||||
Financial Services | 262,221,983 | 262,221,983 | — | — | ||||
Food, Beverage & Tobacco | 117,188,951 | 117,188,951 | — | — | ||||
Health Care Equipment & Services | 201,078,665 | 201,078,665 | — | — | ||||
Household & Personal Products | 79,905,493 | 60,903,938 | 19,001,555 | — | ||||
Insurance | 158,136,787 | 158,136,787 | — | — | ||||
Materials | 120,724,700 | 111,105,313 | 9,619,387 | — | ||||
Media & Entertainment | 311,970,954 | 311,970,954 | — | — | ||||
Pharmaceuticals, Biotechnology & Life Sciences | 244,646,603 | 231,907,805 | 12,738,798 | — | ||||
Real Estate Management & Development | 7,130,401 | 7,130,401 | — | — | ||||
Semiconductors & Semiconductor Equipment | 409,943,613 | 409,943,613 | — | — | ||||
Software & Services | 324,214,439 | 324,214,363 | — | 76 | ||||
Technology Hardware & Equipment | 294,553,885 | 287,045,615 | 7,508,270 | — | ||||
Telecommunication Services | 31,201,478 | 31,201,478 | — | — | ||||
Transportation | 88,522,914 | 88,522,914 | — | — | ||||
Utilities | 57,130,886 | 39,758,573 | 17,372,313 | — | ||||
Convertible Preferred Stocks | 55 | — | — | 55 | ||||
Short-Term Investments | 22,584,119 | — | 22,584,119 | — | ||||
Futures Contracts(2) | 296,211 | 296,211 | — | — | ||||
Total | $ 3,653,563,386 | $ 3,530,210,443 | $ 108,460,944 | $ 14,891,999 |
(1) | For the six-month period ended June 30, 2024, there were no transfers in and out of Level 3. |
(2) | Derivative instruments (excluding purchased and written options, if applicable) are valued at the unrealized appreciation/(depreciation) on the investments. |
14 |
June 30, 2024 (Unaudited)
Shares or Principal Amount | Market Value† | ||
COMMON STOCKS - 99.7% | |||
Banks - 4.5% | |||
1,112,704 | Bank of America Corp. | $ 44,252,238 | |
359,090 | JP Morgan Chase & Co. | 72,629,543 | |
103,272 | PNC Financial Services Group, Inc. | 16,056,731 | |
132,938,512 | |||
Capital Goods - 7.4% | |||
147,844 | AMETEK, Inc. | 24,647,073 | |
65,919 | Deere & Co. | 24,629,316 | |
181,957 | Emerson Electric Co. | 20,044,383 | |
122,621 | GE Vernova, Inc.* | 21,030,728 | |
125,499 | General Dynamics Corp. | 36,412,280 | |
73,416 | IDEX Corp. | 14,771,299 | |
78,588 | Illinois Tool Works, Inc. | 18,622,213 | |
301,694 | Ingersoll Rand, Inc. | 27,405,883 | |
318,908 | RTX Corp. | 32,015,174 | |
219,578,349 | |||
Commercial & Professional Services - 0.9% | |||
132,191 | Republic Services, Inc. | 25,689,999 | |
Consumer Discretionary Distribution & Retail - 7.3% | |||
775,953 | Amazon.com, Inc.* | 149,952,917 | |
10,933 | AutoZone, Inc.* | 32,406,505 | |
306,601 | TJX Cos., Inc. | 33,756,770 | |
38,805 | Tory Burch LLC*(1)(2) | 1,769,510 | |
217,885,702 | |||
Consumer Durables & Apparel - 0.6% | |||
224,499 | NIKE, Inc. Class B | 16,920,490 | |
Consumer Services - 1.9% | |||
109,469 | Marriott International, Inc. Class A | 26,466,320 | |
116,222 | McDonald's Corp. | 29,618,015 | |
56,084,335 | |||
Energy - 3.0% | |||
163,402 | Chesapeake Energy Corp. | 13,430,010 | |
284,349 | ConocoPhillips | 32,523,839 | |
225,274 | EOG Resources, Inc. | 28,355,239 | |
116,813 | Phillips 66 | 16,490,491 | |
90,799,579 | |||
Equity Real Estate Investment Trusts (REITs) - 1.4% | |||
187,078 | Iron Mountain, Inc. REIT | 16,765,930 | |
238,951 | Welltower, Inc. REIT | 24,910,642 | |
41,676,572 | |||
Financial Services - 5.3% | |||
154,413 | American Express Co. | 35,754,330 | |
400,877 | Charles Schwab Corp. | 29,540,626 | |
131,495 | Mastercard, Inc. Class A | 58,010,335 | |
368,901 | Morgan Stanley | 35,853,488 | |
159,158,779 | |||
Food, Beverage & Tobacco - 2.0% | |||
463,677 | Brown-Forman Corp. Class B | 20,026,209 | |
102,314 | Constellation Brands, Inc. Class A | 26,323,346 | |
289,602 | Monster Beverage Corp.* | 14,465,620 | |
60,815,175 | |||
Health Care Equipment & Services - 5.4% | |||
342,197 | Abbott Laboratories | 35,557,690 | |
477,204 | Boston Scientific Corp.* | 36,749,480 | |
115,886 | Cencora, Inc. | 26,109,116 | |
120,717 | UnitedHealth Group, Inc. | 61,476,339 | |
159,892,625 |
Shares or Principal Amount | Market Value† | ||
COMMON STOCKS - 99.7% - (continued) | |||
Household & Personal Products - 2.9% | |||
246,429 | Estee Lauder Cos., Inc. Class A | $ 26,220,046 | |
363,795 | Procter & Gamble Co. | 59,997,071 | |
86,217,117 | |||
Insurance - 2.5% | |||
223,105 | Arch Capital Group Ltd.* | 22,509,063 | |
93,252 | Chubb Ltd. | 23,786,720 | |
138,428 | Progressive Corp. | 28,752,880 | |
75,048,663 | |||
Materials - 1.8% | |||
372,956 | Freeport-McMoRan, Inc. | 18,125,661 | |
78,638 | Linde PLC | 34,507,141 | |
52,632,802 | |||
Media & Entertainment - 9.2% | |||
818,825 | Alphabet, Inc. Class A | 149,148,974 | |
168,419 | Meta Platforms, Inc. Class A | 84,920,228 | |
59,062 | Netflix, Inc.* | 39,859,762 | |
273,928,964 | |||
Pharmaceuticals, Biotechnology & Life Sciences - 8.8% | |||
128,539 | Danaher Corp. | 32,115,469 | |
85,606 | Eli Lilly & Co. | 77,505,960 | |
355,705 | Merck & Co., Inc. | 44,036,279 | |
22,210 | Regeneron Pharmaceuticals, Inc.* | 23,343,377 | |
58,423 | Thermo Fisher Scientific, Inc. | 32,307,919 | |
55,379 | Vertex Pharmaceuticals, Inc.* | 25,957,245 | |
156,086 | Zoetis, Inc. | 27,059,069 | |
262,325,318 | |||
Semiconductors & Semiconductor Equipment - 11.5% | |||
47,930 | Broadcom, Inc. | 76,953,053 | |
48,212 | KLA Corp. | 39,751,276 | |
1,539,135 | NVIDIA Corp. | 190,144,738 | |
182,720 | Texas Instruments, Inc. | 35,544,521 | |
342,393,588 | |||
Software & Services - 11.1% | |||
79,295 | Accenture PLC Class A | 24,058,896 | |
502,914 | Microsoft Corp. | 224,777,412 | |
55,224 | Roper Technologies, Inc. | 31,127,560 | |
118,398 | Salesforce, Inc. | 30,440,126 | |
84,636 | Workday, Inc. Class A* | 18,921,224 | |
329,325,218 | |||
Technology Hardware & Equipment - 9.4% | |||
1,001,887 | Apple, Inc. | 211,017,440 | |
133,619 | CDW Corp. | 29,909,277 | |
100,338 | Motorola Solutions, Inc. | 38,735,485 | |
279,662,202 | |||
Utilities - 2.8% | |||
235,251 | Atmos Energy Corp. | 27,442,029 | |
295,535 | Duke Energy Corp. | 29,621,473 | |
1,490,447 | PG&E Corp. | 26,023,205 | |
83,086,707 | |||
Total Common Stocks (cost $1,636,331,280) | $ 2,966,060,696 | ||
CONVERTIBLE PREFERRED STOCKS - 0.1% | |||
Software & Services - 0.1% | |||
287,204 | Lookout, Inc. Series F*(1)(2)(3) | $ 2,320,608 | |
Total Convertible Preferred Stocks (cost $3,280,760) | $ 2,320,608 |
15 |
June 30, 2024 (Unaudited)
Shares or Principal Amount | Market Value† | ||
PREFERRED STOCKS - 0.1% | |||
Health Care Equipment & Services - 0.1% | |||
1,871,878 | Lumeris Group Holdings Corp.*(1)(2)(3) | $ 3,257,068 | |
Total Preferred Stocks (cost $2,960,001) | $ 3,257,068 | ||
Total Long-Term Investments (cost $1,642,572,041) | $ 2,971,638,372 | ||
SHORT-TERM INVESTMENTS - 0.0% | |||
Repurchase Agreements - 0.0% | |||
$ 1,486,155 | Fixed Income Clearing Corp. Repurchase Agreement dated 06/28/2024 at 5.31%, due on 07/01/2024 with a maturity value of $1,486,813; collateralized by U.S. Treasury Note at 4.38%, maturing 08/15/2026, with a market value of $1,515,950 | $ 1,486,155 | |
Total Short-Term Investments (cost $1,486,155) | $ 1,486,155 | ||
Total Investments (cost $1,644,058,196) | 99.9% | $ 2,973,124,527 | |
Other Assets and Liabilities | 0.1% | 2,135,384 | |
Net Assets | 100.0% | $ 2,975,259,911 |
Note: | Percentage of investments as shown is the ratio of the total market value to total net assets. |
Equity industry classifications used in this report are the Global Industry Classification Standard, which was developed by and is the exclusive property and service mark of MSCI, Inc. and Standard & Poor’s. |
* | Non-income producing. |
(1) | Investment in securities not registered under the Securities Act of 1933 (excluding securities acquired pursuant to Rule 144A and Regulation S). At the end of the period, the value of such restricted securities amounted to $7,347,186 or 0.2% of net assets. |
Period Acquired | Security Name | Shares/ Par Value | Total Cost | Market Value | ||||
07/2014 | Lookout, Inc. Series F Convertible Preferred | 287,204 | $ 3,280,760 | $ 2,320,608 | ||||
05/2014 | Lumeris Group Holdings Corp. Preferred | 1,871,878 | 2,960,001 | 3,257,068 | ||||
11/2013 | Tory Burch LLC | 38,805 | 3,041,403 | 1,769,510 | ||||
$ 9,282,164 | $ 7,347,186 |
(2) | Investment valued using significant unobservable inputs. |
(3) | Currently no rate available. |
† | See Significant Accounting Policies of accompanying Notes to Financial Statements regarding valuation of investments. |
16 |
June 30, 2024 (Unaudited)
Description | Total | Level 1 | Level 2 | Level 3(1) | ||||
Assets | ||||||||
Common Stocks | ||||||||
Banks | $ 132,938,512 | $ 132,938,512 | $ — | $ — | ||||
Capital Goods | 219,578,349 | 219,578,349 | — | — | ||||
Commercial & Professional Services | 25,689,999 | 25,689,999 | — | — | ||||
Consumer Discretionary Distribution & Retail | 217,885,702 | 216,116,192 |