Lord Abbett Trust I NPORT-P Lord Abbett Short Duration High Yield Fund (Oct 2021 report)

Lord Abbett

Quarterly Portfolio Holdings Report

Lord Abbett

Climate Focused Bond Fund
International Growth Fund
Mid Cap Innovation Growth Fund
Short Duration High Yield Fund

For the period ended October 31, 2021

Schedule of Investments (unaudited)

CLIMATE FOCUSED BOND FUND October 31, 2021

Investments	Interest Rate	Maturity Date	Principal Amount (000)			Fair Value
LONG-TERM INVESTMENTS 94.62%
ASSET-BACKED SECURITIES 2.35%
Automobiles 1.00%
Tesla Auto Lease Trust 2019-A C†	2.68%	1/20/2023	$	125		$	127,229
Tesla Auto Lease Trust 2021-A B†	1.02%	3/20/2025		100			99,892
Total							227,121
Others 1.35%
Aqua Finance Trust 2021-A C†	3.14%	7/17/2046		110			109,555
Sunrun Demeter Issuer 2021-2 A†	2.27%	1/30/2057		100			99,877	(a)
TRP - TRIP Rail Master Funding LLC 2021-2 A†	2.15%	6/19/2051		99			98,522
Total							307,954
Total Asset-Backed Securities (cost $536,490)							535,075
CONVERTIBLE BONDS 1.02%
Auto Manufacturers 0.19%
NIO, Inc. (China)†(b)	0.50%	2/1/2027		8			6,783
Tesla, Inc.	2.00%	5/15/2024		2			35,890
Total							42,673
Energy-Alternate Sources 0.83%
Enphase Energy, Inc.†	Zero Coupon	3/1/2026		37			40,224
NextEra Energy Partners LP†	Zero Coupon	6/15/2024		14			14,698
Plug Power, Inc.	3.75%	6/1/2025		3			23,012
SolarEdge Technologies, Inc. (Israel)(b)	Zero Coupon	9/15/2025		33			48,948
SunPower Corp.	4.00%	1/15/2023		16			24,541
Sunrun, Inc.†	Zero Coupon	2/1/2026		41			37,536
Total							188,959
Total Convertible Bonds (cost $205,687)							231,632
	Dividend Rate			Shares (000)
CONVERTIBLE PREFERRED STOCKS 0.07%
Electric: Utilities
Algonquin Power & Utilities Corp. (Canada)(b) (cost $16,000)	7.75%			–	(c)		15,430

See Notes to Schedule of Investments. 1

Schedule of Investments (unaudited)(continued)

CLIMATE FOCUSED BOND FUND October 31, 2021

Investments		Interest Rate		Maturity Date	Principal Amount (000)		Fair Value
CORPORATE BONDS 65.53%
Agriculture 0.31%
Darling Ingredients, Inc.†		5.25%		4/15/2027	$	67	$	69,513
Apparel 0.51%
Chanel Ceres plc(d)		0.50%		7/31/2026	EUR	100		115,575
Auto Parts & Equipment 1.01%
Aptiv Corp.		4.15%		3/15/2024	$	25		26,685
Aptiv plc (Ireland)(b)		4.35%		3/15/2029		35		39,645
BorgWarner, Inc.		3.375%		3/15/2025		65		68,946
Dana, Inc.		4.25%		9/1/2030		93		94,228
Total								229,504
Banks 9.94%
AIB Group plc(d)	2.875% (5 Yr. EUSA + 3.30%		)#	5/30/2031	EUR	100		122,031
Bank Hapoalim BM (Israel)†(b)	3.255% (5 Yr. Treasury CMT + 2.16%		)#	1/21/2032	$	200		200,754
Bank of Ireland Group plc(d)	0.375% (1 Yr. EUSA + .77%		)#	5/10/2027	EUR	100		114,110
Bank of Nova Scotia (The) (Canada)(b)		0.65%		7/31/2024	$	75		74,330
Bank of Nova Scotia (The) (Canada)(b)		2.375%		1/18/2023		80		81,830
Barclays plc(d)	1.70% (5 Yr. GUKG + 1.75%		)#	11/3/2026	GBP	100		136,475
CaixaBank SA(d)	1.25% (5 Yr. EUSA + 1.63%		)#	6/18/2031	EUR	100		116,049
Citigroup, Inc.	1.678% (SOFR + 1.67%		)#	5/15/2024	$	125		126,870
Danske Bank A/S(d)	0.75% (1 Yr. EUAMDB + .88%		)#	6/9/2029	EUR	100		114,375
Industrial & Commercial Bank of China Ltd. (Luxembourg)(b)		2.875%		10/12/2022	$	200		203,745
Intesa Sanpaolo SpA(d)		0.75%		3/16/2028	EUR	100		115,293
JPMorgan Chase & Co.	0.768% (SOFR + .49%		)#	8/9/2025	$	51		50,416
Kreditanstalt fuer Wiederaufbau (Germany)(b)		0.75%		9/30/2030		150		140,057
Kreditanstalt fuer Wiederaufbau(d)		0.875%		9/15/2026	GBP	75		102,014
Kreditanstalt fuer Wiederaufbau (Germany)(b)		2.00%		10/4/2022	$	112		113,840
Landesbank Baden-Wuerttemberg(d)		1.50%		2/3/2025	GBP	100		137,061
Nordea Bank Abp(d)		0.50%		3/19/2031	EUR	100		114,395

2 See Notes to Schedule of Investments.

Schedule of Investments (unaudited)(continued)

CLIMATE FOCUSED BOND FUND October 31, 2021

Investments		Interest Rate		Maturity Date	Principal Amount (000)		Fair Value
Banks (continued)
Standard Chartered plc (United Kingdom)†(b)	1.214% (1 Yr. Treasury CMT + .88%		)#	3/23/2025	$	200	$	199,234
Total								2,262,879
Beverages 0.28%
PepsiCo, Inc.		2.875%		10/15/2049		60		63,324
Building Materials 0.92%
Johnson Controls International plc Tyco Fire & Security Finance SCA		1.75%		9/15/2030		96		92,240
Owens Corning, Inc.		3.95%		8/15/2029		105		117,240
Total								209,480
Chemicals 1.72%
Sociedad Quimica y Minera de Chile SA (Chile)†(b)		3.50%		9/10/2051		200		195,542
SPCM SA (France)†(b)		3.375%		3/15/2030		200		195,750
Total								391,292
Commercial Services 1.96%
Global Payments, Inc.		3.20%		8/15/2029		75		78,475
Global Payments, Inc.		3.75%		6/1/2023		30		31,186
Massachusetts Institute of Technology		3.959%		7/1/2038		100		118,835
Techem Verwaltungsgesellschaft 674 mbH(d)		6.00%		7/30/2026	EUR	88		104,433
Techem Verwaltungsgesellschaft 675 mbH(d)		2.00%		7/15/2025	EUR	100		113,630
Total								446,559
Computers 0.40%
Apple, Inc.		3.00%		6/20/2027	$	85		91,786
Distribution/Wholesale 0.51%
Rexel SA(d)		2.125%		6/15/2028	EUR	100		117,283
Diversified Financial Services 1.01%
Blackstone Property Partners Europe Holdings Sarl(d)		1.625%		4/20/2030	EUR	100		115,266
LeasePlan Corp. NV(d)		0.25%		2/23/2026	EUR	100		114,406
Total								229,672
Electric 11.73%
Audax Renovables SA(d)		4.20%		12/18/2027	EUR	100		105,452
Clearway Energy Operating LLC†		3.75%		2/15/2031	$	70		69,389

See Notes to Schedule of Investments. 3

Schedule of Investments (unaudited)(continued)

CLIMATE FOCUSED BOND FUND October 31, 2021

Investments	Interest Rate		Maturity Date		Principal Amount (000)		Fair Value
Electric (continued)
E.ON SE(d)	0.35%		2/28/2030		EUR	100	$	113,627
EnBW Energie Baden-Wuerttemberg AG(d)	1.625% (5 Yr. EUAMBD + 1.73%	)#	8/5/2079		EUR	100		116,518
Energia Group NI FinanceCo plc/Energia Group ROI Holdings DAC(d)	4.00%		9/15/2025		EUR	100		115,247
Engie SA(d)	0.375%		6/21/2027		EUR	100		115,857
Iberdrola International BV(d)	1.45% (5 Yr. EUSA + 1.83%	)#	–	(e)	EUR	100		116,029
JSW Hydro Energy Ltd. (India)†(b)	4.125%		5/18/2031		$	200		200,155
Leeward Renewable Energy Operations LLC†	4.25%		7/1/2029			102		102,640
Liberty Utilities Finance GP 1†	2.05%		9/15/2030			75		71,877
MidAmerican Energy Co.	3.95%		8/1/2047			65		78,121
NextEra Energy Capital Holdings, Inc.	1.90%		6/15/2028			141		139,449
NextEra Energy Operating Partners LP†	4.50%		9/15/2027			55		58,908
Northern States Power Co/MN	2.60%		6/1/2051			50		48,862
Orsted AS(d)	2.25% (5 Yr. EUSA + 1.90%	)#	11/24/3017		EUR	100		120,985
Pattern Energy Operations LP/Pattern Energy Operations, Inc.†	4.50%		8/15/2028		$	79		81,864
Ren Finance BV(d)	0.50%		4/16/2029		EUR	100		114,545
Scottish Hydro Electric Transmission plc(d)	1.50%		3/24/2028		GBP	200		268,381
Solar Star Funding LLC†	5.375%		6/30/2035		$	85		98,729
Southwestern Public Service Co.	3.75%		6/15/2049			50		57,816
Star Energy Geothermal Wayang Windu Ltd. (Indonesia)†(b)	6.75%		4/24/2033			168		187,702
Statnett SF(d)	0.518%		6/30/2023		SEK	2,000		233,201
Tucson Electric Power Co.	1.50%		8/1/2030		$	60		56,475
Total								2,671,829
Electrical Components & Equipment 0.55%
Signify NV(d)	2.375%		5/11/2027		EUR	100		126,227
Electronics 0.31%
Hubbell, Inc.	3.50%		2/15/2028		$	65		70,648
Energy-Alternate Sources 5.97%
Alerion Cleanpower SpA(d)	3.125%		12/19/2025		EUR	75		89,219
Cullinan Holdco Scsp†(d)	4.625%		10/15/2026		EUR	200		232,846
EEW Energy from Waste GmbH(d)	0.361%		6/30/2026		EUR	100		115,906

4 See Notes to Schedule of Investments.

Schedule of Investments (unaudited)(continued)

CLIMATE FOCUSED BOND FUND October 31, 2021

Investments	Interest Rate		Maturity Date	Principal Amount (000)		Fair Value
Energy-Alternate Sources (continued)
Enviva Partners LP/Enviva Partners Finance Corp.†	6.50%		1/15/2026	$	70	$	72,486
Greenko Dutch BV (Netherlands)†(b)	3.85%		3/29/2026		197		199,197
Nordex SE(d)	6.50%		2/1/2023	EUR	100		117,618
Renewable Energy Group, Inc.†	5.875%		6/1/2028	$	59		62,097
Scatec ASA†(d)	1.95% (3 Mo. EURIBOR + 2.50%	)#	8/19/2025	EUR	200		228,310
Sunnova Energy Corp.†	5.875%		9/1/2026	$	73		74,186
TerraForm Power Operating LLC†	4.75%		1/15/2030		80		82,989
Topaz Solar Farms LLC†	5.75%		9/30/2039		70		85,357
Total							1,360,211
Environmental Control 1.86%
Derichebourg SA†(d)	2.25%		7/15/2028	EUR	100		118,048
FCC Servicios Medio Ambiente Holding SAU(d)	1.661%		12/4/2026	EUR	100		121,390
Madison IAQ LLC†	5.875%		6/30/2029	$	68		67,575
Paprec Holding SA†(d)	3.50%		7/1/2028	EUR	100		115,814
Total							422,827
Food 0.79%
Co-Operative Group Ltd.(d)	5.125%		5/17/2024	GBP	100		143,755
Sysco Corp.	2.40%		2/15/2030	$	35		35,467
Total							179,222
Forest Products & Paper 0.22%
Suzano Austria GmbH (Brazil)(b)	3.75%		1/15/2031		49		49,133
Health Care-Services 0.57%
Kaiser Foundation Hospitals	3.15%		5/1/2027		120		128,888
Investment Companies 0.50%
CBRE Global Investors Open-Ended Fund SCA SICAV-SIF Pan European Core Fund(d)	0.90%		10/12/2029	EUR	100		113,596
Machinery-Diversified 0.89%
Mueller Water Products, Inc.†	4.00%		6/15/2029	$	110		111,925
Xylem Inc/NY	2.25%		1/30/2031		90		90,034
Total							201,959
Metal Fabricate-Hardware 0.41%
Advanced Drainage Systems, Inc.†	5.00%		9/30/2027		90		93,713

See Notes to Schedule of Investments. 5

Schedule of Investments (unaudited)(continued)

CLIMATE FOCUSED BOND FUND October 31, 2021

Investments	Interest Rate	Maturity Date	Principal Amount (000)		Fair Value
Mining 0.52%
Novelis Sheet Ingot GmbH†(d)	3.375%	4/15/2029	EUR	100	$	118,172
Miscellaneous Manufacturing 1.32%
Alstom SA(d)	0.25%	10/14/2026	EUR	100		114,983
Pentair Finance Sarl (Luxembourg)(b)	4.50%	7/1/2029	$	60		68,391
Wabtec Transportation Netherlands BV(d)	1.25%	12/3/2027	EUR	100		117,331
Total						300,705
Multi-National 6.31%
Asian Development Bank(d)	2.45%	1/17/2024	AUD	105		81,118
Asian Development Bank (Philippines)(b)	3.125%	9/26/2028	$	135		149,783
Asian Infrastructure Investment Bank (The)(d)	0.20%	12/15/2025	GBP	30		39,644
Asian Infrastructure Investment Bank (The) (China)(b)	0.50%	5/28/2025	$	150		147,514
European Bank for Reconstruction & Development (United Kingdom)(b)	1.625%	9/27/2024		230		235,513
European Investment Bank (Luxembourg)(b)	2.125%	4/13/2026		200		208,775
European Investment Bank (Luxembourg)(b)	2.375%	5/24/2027		75		79,298
International Bank for Reconstruction & Development(d)	0.25%	1/29/2029	SEK	180		19,977
International Bank for Reconstruction & Development(d)	1.20%	7/22/2026	CAD	25		19,737
International Bank for Reconstruction & Development(d)	2.90%	11/26/2025	AUD	155		122,014
International Finance Corp.	2.00%	10/24/2022	$	97		98,654
International Finance Corp.	2.125%	4/7/2026		225		234,682
Total						1,436,709
Municipal 1.24%
Transport for London(d)	2.125%	4/24/2025	GBP	200		282,033
Packaging & Containers 1.52%
Ardagh Metal Packaging Finance USA LLC/Ardagh Metal Packaging Finance plc†(d)	3.00%	9/1/2029	EUR	100		113,483
Canpack SA/Canpack US LLC(d)	2.375%	11/1/2027	EUR	100		116,319
OI European Group BV(d)	2.875%	2/15/2025	EUR	100		116,326
Total						346,128

6 See Notes to Schedule of Investments.

Schedule of Investments (unaudited)(continued)

CLIMATE FOCUSED BOND FUND October 31, 2021

Investments	Interest Rate	Maturity Date	Principal Amount (000)		Fair Value
Pharmaceuticals 0.84%
Eli Lilly & Co.(d)	0.50%	9/14/2033	EUR	100	$	113,340
Pfizer, Inc.	2.625%	4/1/2030	$	75		78,899
Total						192,239
Real Estate 1.05%
Canary Wharf Group Investment Holdings plc†(d)	2.625%	4/23/2025	GBP	100		138,145
Signa Development Finance SCS†(d)	5.50%	7/23/2026	EUR	100		101,584
Total						239,729
REITS 3.64%
Alexandria Real Estate Equities, Inc.	2.00%	5/18/2032	$	22		21,209
Alexandria Real Estate Equities, Inc.	3.80%	4/15/2026		55		60,204
Cyrusone Europe Finance DAC(d)	1.125%	5/26/2028	EUR	100		113,554
Digital Dutch Finco BV(d)	1.00%	1/15/2032	EUR	100		111,793
Equinix, Inc.(d)	1.00%	3/15/2033	EUR	100		113,142
Equinix, Inc.	1.55%	3/15/2028	$	50		48,501
HAT Holdings I LLC/HAT Holdings II LLC†	3.75%	9/15/2030		94		93,538
Kilroy Realty LP	4.75%	12/15/2028		45		51,901
Piedmont Operating Partnership LP	3.15%	8/15/2030		75		76,656
UDR, Inc.	3.10%	11/1/2034		80		83,090
Weyerhaeuser Co.	6.875%	12/15/2033		40		55,823
Total						829,411
Retail 0.80%
Starbucks Corp.	4.45%	8/15/2049		50		62,313
Walmart, Inc.	1.80%	9/22/2031		122		120,307
Total						182,620
Semiconductors 0.58%
Analog Devices, Inc.	2.95%	4/1/2025		63		66,650
NXP BV/NXP Funding LLC/NXP USA, Inc. (Netherlands)†(b)	3.40%	5/1/2030		60		64,530
Total						131,180
Software 0.42%
Fiserv, Inc.	3.20%	7/1/2026		90		95,711
Telecommunications 1.75%
Swisscom Finance BV(d)	0.375%	11/14/2028	EUR	100		116,063
Switch Ltd.†	3.75%	9/15/2028	$	83		82,689

See Notes to Schedule of Investments. 7

Schedule of Investments (unaudited)(continued)

CLIMATE FOCUSED BOND FUND October 31, 2021

Investments	Interest Rate			Maturity Date	Principal Amount (000)		Fair Value
Telecommunications (continued)
Verizon Communications, Inc.		3.875%		2/8/2029	$	55	$	61,326
Vmed O2 UK Financing I plc†(d)		4.50%		7/15/2031	GBP	100		137,539
Total								397,617
Transportation 1.90%
Central Japan Railway Co. (Japan)(b)		2.20%		10/2/2024	$	200		205,910
Ferrovie dello Stato Italiane SpA(d)		0.375%		3/25/2028	EUR	100		115,024
Hamburger Hochbahn AG(d)		0.125%		2/24/2031	EUR	100		112,611
Total								433,545
Water 1.27%
American Water Capital Corp.		2.80%		5/1/2030	$	100		104,188
Canal de Isabel II Gestion SA(d)		1.68%		2/26/2025	EUR	100		121,133
United Utilities plc (United Kingdom)(b)		6.875%		8/15/2028	$	50		64,060
Total								289,381
Total Corporate Bonds (cost $15,032,161)								14,920,300
FLOATING RATE LOANS(f) 2.20%
Building & Construction 0.35%
Refficiency Holdings LLC 2021 Delayed Draw Term Loan(g)		–	(h)	12/31/2027		6		6,462
Refficiency Holdings LLC 2021 Term Loan		–	(h)	12/31/2027		33		33,348
Thermostat Purchaser III, Inc. Delayed Draw Term Loan(g)		–	(h)	8/24/2028		8		7,595
Thermostat Purchaser III, Inc. Term Loan		–	(h)	8/24/2028		32		32,479
Total								79,884
Building Materials 0.08%
Rexnord LLC 2021 Term Loan B		2.75% (1 Mo. LIBOR + 2.25%	)	10/4/2028		17		17,067
Electric: Generation 0.14%
ExGen Renewables IV, LLC 2020 Term Loan		3.50% (3 Mo. LIBOR + 2.50%	)	12/15/2027		31		31,378
Environmental 0.62%
Bingo Industries Ltd. Term Loan (Australia)(b)		4.00% (3 Mo. LIBOR + 3.50%	)	7/8/2028		30		30,000
Denali Water Solutions Term Loan B		5.00% (3 Mo. LIBOR + 4.25%	)	3/25/2028		62		62,018

8 See Notes to Schedule of Investments.

Schedule of Investments (unaudited)(continued)

CLIMATE FOCUSED BOND FUND October 31, 2021

Investments	Interest Rate			Maturity Date	Principal Amount (000)		Fair Value
Environmental (continued)
EWT Holdings III Corp. 2021 Term Loan		2.625% (1 Mo. LIBOR + 2.50%	)	4/1/2028	$	50	$	49,626
Total								141,644
Integrated Energy 0.18%
Esdec Solar Group B.V. Term Loan B (Netherlands)(b)		5.75% (6 Mo. LIBOR + 5.00%	)	8/30/2028		41		41,842
Machinery 0.42%
Array Technologies, Inc. Term Loan B		3.75% (3 Mo. LIBOR + 3.25%	)	10/14/2027		58		58,128
Generac Power Systems, Inc. 2019 Term Loan B		1.832% (1 Mo. LIBOR + 1.75%	)	12/13/2026		38		37,778
Total								95,906
Multi-Line Insurance 0.13%
Filtration Group Corporation 2018 1st Lien Term Loan		3.088% (1 Mo. LIBOR + 3.00%	)	3/29/2025		30		29,359
Personal & Household Products 0.28%
AI Aqua Merger Sub, Inc. 2021 1st Lien Delayed Draw Term Loan		–	(h)	7/31/2028		7		6,978
AI Aqua Merger Sub, Inc. 2021 1st Lien Term Loan B		4.50% (1 Mo. LIBOR + 4.00%	)	7/31/2028		56		55,828
Total								62,806
Total Floating Rate Loans (cost $496,096)								499,886
FOREIGN GOVERNMENT OBLIGATIONS 15.92%
Canada 1.38%
Province of Ontario Canada(d)		1.55%		11/1/2029	CAD	89		68,841
Province of Ontario Canada(d)		1.85%		2/1/2027	CAD	145		117,270
Province of Quebec Canada(d)		1.85%		2/13/2027	CAD	158		128,147
Total								314,258

See Notes to Schedule of Investments. 9

Schedule of Investments (unaudited)(continued)

CLIMATE FOCUSED BOND FUND October 31, 2021

Investments	Interest Rate		Maturity Date	Principal Amount (000)		Fair Value
France 2.65%
Action Logement Services(d)		0.50%	10/30/2034	EUR	200	$	225,919
French Republic Government Bond OAT†(d)		0.50%	6/25/2044	EUR	135		149,802
SNCF Reseau(d)		0.75%	5/25/2036	EUR	100		116,895
Societe Du Grand Paris EPIC(d)		0.30%	9/2/2036	EUR	100		109,303
Total							601,919
Germany 0.71%
Bundesrepublik Deutschland Bundesanleihe(d)		Zero Coupon	8/15/2030	EUR	50		58,965
Bundesrepublik Deutschland Bundesanleihe(d)		Zero Coupon	8/15/2050	EUR	90		101,996
Total							160,961
Italy 0.41%
Italy Buoni Poliennali Del Tesoro†(d)		1.50%	4/30/2045	EUR	85		93,675
Japan 0.87%
Development Bank of Japan, Inc. (Japan)†(b)		0.50%	3/4/2024	$	200		198,642
Netherlands 2.65%
BNG Bank NV (Netherlands)†(b)		1.50%	10/16/2024		200		203,666
Nederlandse Financierings-Maatschappij voor Ontwikkelingslanden NV (Netherlands)(b)		2.75%	2/20/2024		200		209,143
Nederlandse Waterschapsbank NV (Netherlands)(b)		1.00%	5/28/2030		200		189,785
Total							602,594
Norway 0.91%
Kommunalbanken AS (Norway)(b)		2.125%	2/11/2025		200		207,589
South Korea 1.79%
Industrial Bank of Korea (South Korea)†(b)		0.625%	9/17/2024		200		198,453
Korea Water Resources Corp. (South Korea)(b)		3.875%	5/15/2023		200		209,732
Total							408,185
Spain 1.47%
Adif Alta Velocidad(d)		0.55%	4/30/2030	EUR	100		115,752
Autonomous Community of Madrid Spain(d)		0.419%	4/30/2030	EUR	150		172,269
Spain Government Bond†(d)		1.00%	7/30/2042	EUR	41		46,527
Total							334,548
Sweden 2.77%
Kommuninvest I Sverige AB (Sweden)(b)		0.375%	6/19/2024	$	200		197,979
Kommuninvest I Sverige AB (Sweden)†(b)		1.625%	4/24/2023		200		203,565

10 See Notes to Schedule of Investments.

Schedule of Investments (unaudited)(continued)

CLIMATE FOCUSED BOND FUND October 31, 2021

Investments	Interest Rate			Maturity Date	Principal Amount (000)		Fair Value
Sweden (continued)
Sweden Government International Bond†(d)		0.125%		9/9/2030	SEK	1,000	$	114,394	(a)
Sweden Government International Bond(d)		0.125%		9/9/2030	SEK	1,000		114,394
Total								630,332
United Kingdom 0.31%
United Kingdom Gilt(d)		0.875%		7/31/2033	GBP	53		70,890
Total Foreign Government Obligations (cost $3,699,381)								3,623,593
MUNICIPAL BONDS 2.82%
Government Guaranteed 0.09%
Metropolitan Government of Nashville & Davidson Co		2.611%		7/1/2036	$	20		20,307
Revenue - Utilities - Other 0.22%
City of Corpus Christi TX Utility System Revenue		1.966%		7/15/2030		50		49,833
Tax Revenue 0.37%
Metropolitan Transportation Authority		5.175%		11/15/2049		45		61,658
Regional Transportation District Sales Tax Revenue		2.337%		11/1/2036		25		24,191
Total								85,849
Taxable Revenue - Water & Sewer 2.14%
City of Aurora CO Water Revenue		2.348%		8/1/2036		30		30,082
City of Dallas TX Waterworks & Sewer System Revenu		2.772%		10/1/2040		75		76,490
City of Los Angeles CA Wastewater System Revenue		5.713%		6/1/2039		50		70,070
City of Philadelphia PA Water & Wastewater Revenue		1.734%		11/1/2028		40		39,691
City of San Francisco CA Public Utilities Commissi		6.00%		11/1/2040		100		137,216
New York City Water & Sewer System		5.75%		6/15/2041		50		74,230
San Diego County Water Authority		1.951%		5/1/2034		60		59,421
Total								487,200
Total Municipal Bonds (cost $642,587)								643,189
NON-AGENCY COMMERCIAL MORTGAGE-BACKED SECURITIES 1.38%
JP Morgan Chase Commercial Mortgage Securities Trust 2021-1440 B†		1.84% (1 Mo. LIBOR + 1.75%	)#	3/15/2036		110		110,179
One Bryant Park Trust 2019-OBP A†		2.516%		9/15/2054		100		102,728
VNDO Mortgage Trust 2012-6AVE C†		3.337%	#(i)	11/15/2030		100		101,641
Total Non-Agency Commercial Mortgage-Backed Securities (cost $313,263)								314,548

See Notes to Schedule of Investments. 11

Schedule of Investments (unaudited)(continued)

CLIMATE FOCUSED BOND FUND October 31, 2021

Investments	Interest Rate		Maturity Date	Principal Amount (000)		Fair Value
U.S. TREASURY OBLIGATIONS 3.33%
U.S. Treasury Bond		1.75%	8/15/2041	$	138	$	132,890
U.S. Treasury Bond		2.00%	8/15/2051		50		50,727
U.S. Treasury Note		0.625%	7/31/2026		490		477,654
U.S. Treasury Note		1.25%	8/15/2031		100		97,187
Total U.S. Treasury Obligations (cost $759,459)							758,458
Total Long-Term Investments (cost $21,701,124)							21,542,111
SHORT-TERM INVESTMENTS 4.73%
Repurchase Agreements 4.73%
Repurchase Agreement dated 10/29/2021, 0.00% due 11/1/2021 with Fixed Income Clearing Corp. collateralized by $1,152,000 of U.S. Treasury Note at 0.50% due 10/31/2027; value: $1,099,274; proceeds: $1,077,709 (cost $1,077,709)					1,078		1,077,709
Total Investments in Securities 99.35% (cost $22,778,833)							22,619,820
Less Unfunded Loan Commitments (0.06%) (cost $14,061)							(14,057	)
Net Investments in Securities 99.29% (cost $22,764,772)							22,605,763
Other Assets and Liabilities – Net(j) 0.71%							162,704
Net Assets 100.00%						$	22,768,467

AUD	Australian Dollar.
CAD	Canadian Dollar.
EUR	Euro.
GBP	British Pound.
SEK	Swedish Krona.
CMT	Constant Maturity Rate.
EUAMDB	EUR Mid-Market Swap Rate.
EURIBOR	Euro Interbank Offered Rate.
EUSA	Euro Swap Rate.
GUKG	UK Generic government yield.
LIBOR	London Interbank Offered Rate.
SOFR	Secured Over Night Financing Rate.

†	Security was purchased pursuant to Rule 144A under the Securities Act of 1933 and, unless registered under such Act or exempted from registration, may only be resold to qualified institutional buyers. At October 31, 2021, the total value of Rule 144A securities was $6,283,868, which represents 27.60% of net assets.
#	Variable rate security. The interest rate represents the rate in effect at October 31, 2021.
(a)	Level 3 Investment as described in Note 2(b) in the Notes to Financials. Security valued utilizing third party pricing information without adjustment. Such valuations are based on unobservable inputs. A significant change in third party information could result in a significantly lower or higher value of such Level 3 investments.
(b)	Foreign security traded in U.S. dollars.
(c)	Amount represents less than 1,000 shares.
(d)	Investment in non-U.S. dollar denominated securities.
(e)	Security is perpetual in nature and has no stated maturity.

12 See Notes to Schedule of Investments.

Schedule of Investments (unaudited)(continued)

CLIMATE FOCUSED BOND FUND October 31, 2021

(f)	Floating Rate Loans in which the Fund invests generally pay interest at rates which are periodically re-determined at a margin above the London Interbank Offered Rate (“LIBOR”) or the prime rate offered by major U.S. banks. The rate(s) shown is the rate(s) in effect at October 31, 2021.
(g)	Security partially/fully unfunded.
(h)	Interest rate to be determined.
(i)	Interest rate is based on the weighted average interest rates of the underlying mortgages within the mortgage pool.
(j)	Other Assets and Liabilities – Net include net unrealized appreciation/depreciation on forward foreign currency exchange contracts and futures contracts as follows:

Open Forward Foreign Currency Exchange Contracts at October 31, 2021:

Forward Foreign Currency Exchange Contracts	Transaction Type	Counterparty	Expiration Date	Foreign Currency		U.S. $ Cost on Origination Date			U.S. $ Current Value			Unrealized Appreciation
Australian dollar	Buy	Bank of America	12/1/2021		9,000		$	6,769		$	6,771		$	2
British pound	Buy	Bank of America	12/7/2021		112,000			152,165			153,288			1,123
Euro	Buy	Bank of America	12/10/2021		17,000			19,665			19,669			4
Euro	Buy	State Street Bank and Trust	12/10/2021		26,000			30,067			30,082			15
British pound	Sell	Barclays Bank plc	12/7/2021		1,245,000			1,726,057			1,703,963			22,094
Canadian dollar	Sell	Toronto Dominion Bank	1/20/2022		420,000			339,701			339,413			288
Euro	Sell	Goldman Sachs	12/10/2021		100,000			118,400			115,700			2,700
Euro	Sell	State Street Bank and Trust	12/10/2021		26,000			30,869			30,082			787
Euro	Sell	State Street Bank and Trust	12/10/2021		6,053,000			7,168,852			7,003,299			165,553
Euro	Sell	State Street Bank and Trust	12/10/2021		399,507			463,422			462,228			1,194
Unrealized Appreciation on Forward Foreign Currency Exchange Contracts													$	193,760
Forward Foreign Currency Exchange Contracts	Transaction Type	Counterparty	Expiration Date	Foreign Currency		U.S. $ Cost on Origination Date			U.S. $ Current Value			Unrealized Depreciation
British pound	Buy	State Street Bank and Trust	12/7/2021		105,000		$	145,343		$	143,708		$	(1,635	)
Euro	Buy	Bank of America	12/10/2021		152,000			177,844			175,863			(1,981	)
Euro	Buy	Goldman Sachs	12/10/2021		219,000			254,768			253,382			(1,386	)
Euro	Buy	State Street Bank and Trust	12/10/2021		224,000			259,994			259,167			(827	)
Euro	Buy	Toronto Dominion Bank	12/10/2021		201,000			233,362			232,556			(806	)
Australian dollar	Sell	State Street Bank and Trust	12/1/2021		281,000			205,181			211,406			(6,225	)
British pound	Sell	Bank of America	12/7/2021		53,000			72,388			72,538			(150	)
Swedish krona	Sell	Goldman Sachs	1/21/2022		4,160,000			483,109			485,007			(1,898	)
Unrealized Depreciation on Forward Foreign Currency Exchange Contracts													$	(14,908	)

See Notes to Schedule of Investments. 13

Schedule of Investments (unaudited)(continued)

CLIMATE FOCUSED BOND FUND October 31, 2021

Open Futures Contracts at October 31, 2021:

Type	Expiration	Contracts	Position		Notional Amount			Notional Value			Unrealized Appreciation
Euro-Bobl	December 2021	6		Short	EUR	(815,209	)	EUR	(802,560	)		$	14,623
Euro-Bund	December 2021	2		Short	EUR	(345,756	)	EUR	(336,240	)			11,001
U.S. 10-Year Ultra Treasury Note	December 2021	7		Short	$	(1,038,667	)	$	(1,015,219	)			23,448
U.S. 5-Year Treasury Note	December 2021	16		Short		(1,978,657	)		(1,948,000	)			30,657
U.S. Ultra Treasury Bond	December 2021	3		Long		585,330			589,219				3,889
Total Unrealized Appreciation on Open Futures Contracts												$	83,618
Type	Expiration	Contracts	Position		Notional Amount			Notional Value			Unrealized Depreciation
Euro- Buxl	December 2021	1		Long	EUR	211,942		EUR	208,980			$	(3,424	)
U.S. 2-Year Treasury Note	December 2021	1		Short	$	(219,092	)	$	(219,250	)			(158	)
Total Unrealized Depreciation on Open Futures Contracts												$	(3,582	)

The following is a summary of the inputs used as of October 31, 2021 in valuing the Fund’s investments carried at fair value(1):
Investment Type(2)	Level 1				Level 2		Level 3			Total
Long-Term Investments
Asset-Backed Securities
Others	$	–		$	208,077		$	99,877	$	307,954
Remaining Industries		–			227,121			–		227,121
Convertible Bonds		–			231,632			–		231,632
Convertible Preferred Stocks		15,430			–			–		15,430
Corporate Bonds		–			14,920,300			–		14,920,300
Floating Rate Loans		–			499,886			–		499,886
Less Unfunded Commitments		–			(14,057	)		–		(14,057	)
Foreign Government Obligations		–			3,509,199			114,394		3,623,593
Municipal Bonds		–			643,189			–		643,189
Non-Agency Commercial
Mortgage-Backed Securities		–			314,548			–		314,548
U.S. Treasury Obligations		–			758,458			–		758,458
Short-Term Investments
Repurchase Agreements		–			1,077,709			–		1,077,709
Total	$	15,430		$	22,376,062		$	214,271	$	22,605,763
Other Financial Instruments
Forward Foreign Currency Exchange Contracts
Assets	$	–		$	193,760		$	–	$	193,760
Liabilities		–			(14,908	)		–		(14,908	)
Futures Contracts
Assets		83,618			–			–		83,618
Liabilities		(3,582	)		–			–		(3,582	)
Total	$	80,036		$	178,852		$	–	$	258,888

(1)

Refer to Note 2(b) for a description of fair value measurements and the three-tier hierarchy of inputs.

(2)

See Schedule of Investments for fair values in each industry and identification of foreign issuers and/or geography. The table above is presented by Investment Type. Industries are presented within an Investment Type should such Investment Type include securities classified as two or more levels within the three- tier fair value hierarchy. When applicable each Level 3 security is identified on the Schedule of Investments along with the valuation technique utilized.

14 See Notes to Schedule of Investments.

Schedule of Investments (unaudited)(concluded)

CLIMATE FOCUSED BOND FUND October 31, 2021

A reconciliation of Level 3 investments is presented when the Fund has a material amount of Level 3 investments at the beginning or end of the period in relation to the Fund’s net assets.

Investment Type	Asset- Backed Securities				Corporate Bonds				��	Floating Rate Loans				Foreign Government Obligations
Balance as of August 1, 2021		$	–			$	282,928				$	19,925			$	–
Accrued Discounts (Premiums)			–				–					–				(10	)
Realized Gain (Loss)			–				–					–				–
Change in Unrealized Appreciation (Depreciation)			(85	)			–					–				(2,626	)
Purchases			99,962				–					–				–
Sales			–				–					–				–
Transfers into Level 3			–				–					–				117,030
Transfers out of Level 3			–				(282,928	)				(19,925	)			–
Balance as of October 31, 2021		$	99,877			$	–				$	–			$	114,394
Change in unrealized appreciation/depreciation for the period ended October 31, 2021, related to Level 3 investments held at October 31, 2021		$	(85	)		$	–				$	–			$	(2,626	)

See Notes to Schedule of Investments. 15

Schedule of Investments (unaudited)

INTERNATIONAL GROWTH FUND October 31, 2021

Investments	Shares		U.S. $ Fair Value (000)
LONG-TERM INVESTMENTS 96.39%
COMMON STOCKS 96.39%
Argentina 0.99%
Internet & Direct Marketing Retail
MercadoLibre, Inc.*		14	$	21
Australia 2.49%
Capital Markets 0.75%
Macquarie Group Ltd.		108		16	(a)
Equity Real Estate Investment Trusts 0.80%
Goodman Group		1,023		17
Metals & Mining 0.94%
BHP Group Ltd.		716		20
Total Australia				53
Canada 3.14%
Aerospace & Defense 0.94%
CAE, Inc.*		658		20
Banks 0.61%
Royal Bank of Canada		123		13
Information Technology Services 1.59%
Shopify, Inc. Class A*		23		34
Total Canada				67
China 5.30%
Interactive Media & Services 1.74%
Tencent Holdings Ltd.		610		37
Internet & Direct Marketing Retail 2.86%
Alibaba Group Holding Ltd.*		1,008		21
JD.com, Inc. Class A*		508		20
Meituan Class B†*		601		20
				61
Life Sciences Tools & Services 0.70%
Wuxi Biologics Cayman, Inc.†*		944		15
Total China				113
Denmark 6.19%
Air Freight & Logistics 1.31%
DSV PANALPINA A/S		118		28

Investments	Shares		U.S. $ Fair Value (000)
Denmark (continued)
Beverages 0.75%
Carlsberg A/S Class B		94	$	16
Biotechnology 1.50%
Genmab A/S*		72		32
Pharmaceuticals 2.63%
Novo Nordisk A/S Class B		514		56
Total Denmark				132
France 15.38%
Aerospace & Defense 2.25%
Airbus SE*		197		25
Safran SA		170		23
				48
Beverages 1.41%
Pernod Ricard SA		129		30
Chemicals 1.22%
Air Liquide SA		159		26
Information Technology Services 1.13%
Capgemini SE		104		24
Life Sciences Tools & Services 0.89%
Sartorius Stedim Biotech		34		19
Personal Products 2.11%
L’Oreal SA		99		45
Professional Services 1.17%
Teleperformance		59		25
Software 1.17%
Dassault Systemes SE		425		25
Textiles, Apparel & Luxury Goods 4.03%
Kering SA		36		27
LVMH Moet Hennessy
Louis Vuitton SE		75		59
				86
Total France				328
Germany 4.27%
Chemicals 0.99%
Symrise AG		151		21
Pharmaceuticals 0.89%
Merck KGaA		80		19

16 See Notes to Schedule of Investments.

Schedule of Investments (unaudited)(continued)

INTERNATIONAL GROWTH FUND October 31, 2021

Investments	Shares		U.S. $ Fair Value (000)
Germany (continued)
Semiconductors & Semiconductor Equipment 1.45%
Infineon Technologies AG		661	$	31
Textiles, Apparel & Luxury Goods 0.94%
adidas AG		63		20
Total Germany				91
Hong Kong 2.95%
Insurance 1.73%
AIA Group Ltd.		3,309		37
Machinery 1.22%
Techtronic Industries Co. Ltd.		1,267		26
Total Hong Kong				63
Hungary 0.75%
Banks
OTP Bank Nyrt*		274		16
India 3.71%
Banks 1.41%
ICICI Bank Ltd. ADR		1,412		30
Information Technology Services 0.94%
Infosys Ltd. ADR		921		20
Oil, Gas & Consumable Fuels 1.36%
Reliance Industries Ltd.†		424		29
Total India				79
Indonesia 0.89%
Banks
Bank Rakyat Indonesia Persero Tbk PT		64,161		19
Ireland 0.80%
Construction Materials
CRH plc		351		17
Japan 10.55%
Auto Components 1.17%
Denso Corp.		346		25
Building Products 1.17%
Daikin Industries Ltd.		115		25

Investments	Shares		U.S. $ Fair Value (000)
Japan (continued)
Electrical Equipment 0.89%
Fuji Electric Co. Ltd.		380	$	19
Electronic Equipment, Instruments & Components 3.00%
Keyence Corp.		68		41
Omron Corp.		238		23
				64
Health Care Equipment & Supplies 1.17%
Hoya Corp.		172		25
Household Durables 2.02%
Sony Group Corp.		375		43
Machinery 1.13%
Ebara Corp.		440		24
Total Japan				225
Netherlands 6.05%
Chemicals 0.94%
Akzo Nobel NV		169		20
Information Technology Services 1.69%
Adyen NV†*		12		36
Semiconductors & Semiconductor Equipment 3.42%
ASML Holding NV		90		73
Total Netherlands				129
Norway 0.80%
Oil, Gas & Consumable Fuels
Equinor ASA		680		17
Saudi Arabia 0.84%
Internet & Direct Marketing Retail
Delivery Hero SE†*		143		18
South Korea 1.74%
Interactive Media & Services 0.94%
NAVER Corp.		59		20
Technology Hardware, Storage & Peripherals 0.80%
Samsung Electronics Co. Ltd.		281		17
Total South Korea				37

See Notes to Schedule of Investments. 17

Schedule of Investments (unaudited)(continued)

INTERNATIONAL GROWTH FUND October 31, 2021

Investments	Shares		U.S. $ Fair Value (000)
Spain 1.97%
Diversified Telecommunication Services 1.27%
Cellnex Telecom SA†		429	$	27
Electric: Utilities 0.70%
Iberdrola SA		1,289		15
Total Spain				42
Sweden 5.07%
Electronic Equipment, Instruments & Components 1.27%
Hexagon AB B Shares		1,707		27
Machinery 2.35%
Atlas Copco AB A Shares		415		27
Epiroc AB Class A		943		23
				50
Software 1.45%
Cint Group AB*		891		14
Sinch AB†*		909		17
				31
Total Sweden				108
Switzerland 10.13%
Capital Markets 0.99%
Partners Group Holding AG		12		21
Food Products 3.61%
Nestle SA Registered Shares		582		77
Life Sciences Tools & Services 2.02%
Lonza Group AG		53		43
Pharmaceuticals 2.81%
Roche Holding AG		154		60
Textiles, Apparel & Luxury Goods 0.70%
On Holding AG Class A*		453		15
Total Switzerland				216
Taiwan 4.78%
Entertainment 1.36%
Sea Ltd. ADR*		83		29

Investments	Shares		U.S. $ Fair Value (000)
Taiwan (continued)
Semiconductors & Semiconductor Equipment 3.42%
Taiwan Semiconductor Manufacturing Co. Ltd. ADR		277	$	31
Taiwan Semiconductor Manufacturing Co. Ltd.		1,961		42
				73
Total Taiwan				102
United Kingdom 5.21%
Beverages 2.06%
Diageo plc		888		44
Multi-Line Retail 0.80%
Next plc		151		17
Pharmaceuticals 2.35%
AstraZeneca plc		399		50
Total United Kingdom				111
United States 2.39%
Electrical Equipment 1.50%
Schneider Electric SE		184		32
Information Technology Services 0.89%
EPAM Systems, Inc.*		29		19
Total United States				51
Total Common Stocks 96.39% (cost $1,976,718)				2,055
Other Assets and Liabilities – Net 3.61%				77
Net Assets 100.00%			$	2,132

ADR	American Depositary Receipt.
*	Non-income producing security.
†	Security was purchased pursuant to Rule 144A under the Securities Act of 1933 and, unless registered under such Act or exempted from registration, may only be resold to qualified institutional buyers. At October 31, 2021, the total value of Rule 144A securities was $161, which represents 7.55% of net assets.
(a)	Level 3 Investment as described in Note 2(b) in the Notes to Financials. Security fair valued by the Pricing Committee.

18 See Notes to Schedule of Investments.

Schedule of Investments (unaudited)(concluded)

INTERNATIONAL GROWTH FUND October 31, 2021

The following is a summary of the inputs used as of October 31, 2021 in valuing the Fund’s investments carried at fair value⁽¹⁾:

	Level 1		Level 2		Level 3		Total
Investment Type(2)	(000)		(000)		(000)		(000)
Long-Term Investments
Common Stocks
Argentina	$	21	$	–	$	–	$	21
Australia		–		37		16		53
Canada		67		–		–		67
India		79		–		–		79
Spain		15		27		–		42
Sweden		14		94		–		108
Switzerland		15		201		–		216
Taiwan		60		42		–		102
United States		19		32		–		51
Remaining Countries		–		1,316		–		1,316
Total	$	290	$	1,749	$	16	$	2,055

(1)

Refer to Note 2(b) for a description of fair value measurements and the three-tier hierarchy of inputs.

(2)

See Schedule of Investments for fair values in each industry and identification of foreign issuer and/or geography. The table above is presented by Investment Type. Industries are presented within an Investment Type should such Investment Type include securities classified as two or more levels within the three- tier fair value hierarchy. When applicable each Level 3 security is identified on the Schedule of Investments along with the valuation technique utilized.

A reconciliation of Level 3 investments is presented when the Fund has a material amount of Level 3 investments at the beginning or end of the period in relation to the Fund’s net assets. Management has determined not to provide a reconciliation as the balance of Level 3 investments was not considered to be material to the Fund’s net assets at the beginning or end of the period.

See Notes to Schedule of Investments. 19

Schedule of Investments (unaudited)

MID CAP INNOVATION GROWTH FUND October 31, 2021

Investments	Shares		Fair Value (000)
LONG-TERM INVESTMENTS 93.19%
COMMON STOCKS 93.19%
Aerospace & Defense 2.15%
Axon Enterprise, Inc.*		661	$	119
TransDigm Group, Inc.*		70		44
Total				163
Banks 4.04%
First Republic Bank		216		47
Signature Bank		229		68
SVB Financial Group*		172		123
Western Alliance Bancorp		581		68
Total				306
Biotechnology 5.24%
Argenx SE ADR*		138		42
Genmab A/S ADR*		653		29
Horizon Therapeutics plc*		691		83
Intellia Therapeutics, Inc.*		338		45
Mirati Therapeutics, Inc.*		293		55
Natera, Inc.*		602		69
Sarepta Therapeutics, Inc.*		325		26
Seagen, Inc.*		275		48
Total				397
Building Products 0.65%
Trex Co., Inc.*		461		49
Capital Markets 2.40%
Jefferies Financial Group, Inc.		1,754		76
MSCI, Inc.		160		106
Total				182
Chemicals 1.23%
Albemarle Corp.		370		93
Commercial Services & Supplies 0.90%
Copart, Inc.*		438		68
Communications Equipment 0.95%
Arista Networks, Inc.*		175		72

Investments	Shares		Fair Value (000)
Containers & Packaging 0.58%
Avery Dennison Corp.		204	$	44
Electrical Equipment 2.47%
AMETEK, Inc.		381		50
Generac Holdings, Inc.*		274		137
Total				187
Electronic Equipment, Instruments & Components 2.12%
Cognex Corp.		663		58
Trimble, Inc.*		1,173		103
Total				161
Entertainment 2.40%
Live Nation Entertainment, Inc.*		882		89
Warner Music Group Corp. Class A		1,872		93
Total				182
Equity Real Estate Investment Trusts 0.45%
SBA Communications Corp.		99		34
Health Care Equipment & Supplies 7.94%
Align Technology, Inc.*		86		54
Cooper Cos., Inc. (The)		102		42
DexCom, Inc.*		259		161
Edwards Lifesciences Corp.*		815		98
IDEXX Laboratories, Inc.*		191		127
Insulet Corp.*		283		88
Penumbra, Inc.*		115		32
Total				602
Health Care Technology 0.51%
Doximity, Inc. Class A*		559		39
Hotels, Restaurants & Leisure 2.97%
Caesars Entertainment, Inc.*		669		73
Chipotle Mexican Grill, Inc.*		42		75
Vail Resorts, Inc.		224		77
Total				225

20 See Notes to Schedule of Investments.

Schedule of Investments (unaudited)(continued)

MID CAP INNOVATION GROWTH FUND October 31, 2021

Investments	Shares		Fair Value (000)
Household Durables 0.72%
Sonos, Inc.*		1,699	$	55
Information Technology Services 8.10%
Affirm Holdings, Inc.*		1,104		179
Cloudflare, Inc. Class A*		482		94
Endava plc ADR*		496		79
EPAM Systems, Inc.*		148		100
MongoDB, Inc.*		131		68
Shift4 Payments, Inc. Class A*		586		37
TaskUS, Inc. Class A*		984		57
Total				614
Interactive Media & Services 2.69%
Bumble, Inc. Class A*		1,267		67
Match Group, Inc.*		587		88
ZoomInfo Technologies, Inc. Class A*		734		49
Total				204
Internet & Direct Marketing Retail 0.70%
Etsy, Inc.*		211		53
Life Sciences Tools & Services 2.36%
Agilent Technologies, Inc.		575		90
Repligen Corp.*		306		89
Total				179
Machinery 1.58%
Dover Corp.		390		66
Kornit Digital Ltd. (Israel)*(a)		325		54
Total				120
Personal Products 0.45%
Olaplex Holdings, Inc.*		1,229		34
Pharmaceuticals 1.41%
Catalent, Inc.*		349		48
Intra-Cellular Therapies, Inc.*		1,368		59
Total				107

Investments	Shares		Fair Value (000)
Road & Rail 2.06%
Old Dominion Freight Line, Inc.		276	$	94
XPO Logistics, Inc.*		721		62
Total				156
Semiconductors & Semiconductor Equipment 7.76%
Brooks Automation, Inc.		523		61
Enphase Energy, Inc.*		483		112
Entegris, Inc.		726		102
KLA Corp.		329		123
MKS Instruments, Inc.		234		35
Monolithic Power Systems, Inc.		194		102
Xilinx, Inc.		297		53
Total				588
Software 20.05%
Asana, Inc. Class A*		933		127
Avalara, Inc.*		503		90
Bill.com Holdings, Inc.*		285		84
Crowdstrike Holdings, Inc. Class A*		409		115
Datadog, Inc. Class A*		659		110
DocuSign, Inc.*		347		97
Dynatrace, Inc.*		899		68
Elastic NV*		388		67
Everbridge, Inc.*		290		46
Five9, Inc.*		216		34
HubSpot, Inc.*		242		196
Jamf Holding Corp.*		1,005		48
Lightspeed Commerce, Inc. (Canada)*(a)		636		62
Palantir Technologies, Inc. Class A*		3,581		93
Paycom Software, Inc.*		197		108
Trade Desk, Inc. (The) Class A*		683		51
Zscaler, Inc.*		388		124
Total				1,520

See Notes to Schedule of Investments. 21

Schedule of Investments (unaudited)(concluded)

MID CAP INNOVATION GROWTH FUND October 31, 2021

Investments	Shares		Fair Value (000)
Specialty Retail 3.69%
Carvana Co.*		215	$	65
Dick’s Sporting Goods, Inc.		528		66
O’Reilly Automotive, Inc.*		79		49
RH*		70		46
Tractor Supply Co.		247		54
Total				280
Textiles, Apparel & Luxury Goods 4.62%
Crocs, Inc.*		862		139
Deckers Outdoor Corp.*		91		36
Lululemon Athletica, Inc. (Canada)*(a)		285		133
On Holding AG Class A (Switzerland)*(a)		1,230		42
Total				350
Total Common Stocks (cost $5,686,755)				7,064

Investments	Principal Amount (000)		Fair Value (000)
SHORT-TERM INVESTMENTS 1.35%
Repurchase Agreements 1.35%
Repurchase Agreement dated 10/29/2021, 0.00% due 11/1/2021 with Fixed Income Clearing Corp. collateralized by $109,300 of U.S. Treasury Note at 0.50% due 10/31/2027; value: $104,297; proceeds: $102,241 (cost $102,241)	$	102	$	102
Total Investments in Securities 94.54% (cost $5,788,996)				7,166
Other Assets and Liabilities – Net 5.46%				414
Net Assets 100.00%			$	7,580

ADR	American Depositary Receipt.
*	Non-income producing security.
(a)	Foreign security traded in U.S. dollars.

The following is a summary of the inputs used as of October 31, 2021 in valuing the Fund’s investments carried at fair value⁽¹⁾:

Investment Type(2)	Level 1 (000)		Level 2 (000)		Level 3 (000)		Total (000)
Long-Term Investments
Common Stocks	$	7,064	$	–	$	–	$	7,064
Short-Term Investments
Repurchase Agreements		–		102		–		102
Total	$	7,064	$	102	$	–	$	7,166

(1)	Refer to Note 2(b) for a description of fair value measurements and the three-tier hierarchy of inputs.
(2)	See Schedule of Investments for fair values in each industry and identification of foreign issuers and/or geography. When applicable each Level 3 security is identified on the Schedule of Investments along with the valuation technique utilized.

A reconciliation of Level 3 investments is presented when the Fund has a material amount of Level 3 investments at the beginning or end of the period in relation to the Fund’s net assets.

22 See Notes to Schedule of Investments.

Schedule of Investments (unaudited)

SHORT DURATION HIGH YIELD FUND October 31, 2021

Investments	Interest Rate		Maturity Date	Principal Amount (000)		Fair Value
LONG-TERM INVESTMENTS 97.14%
ASSET-BACKED SECURITIES 3.40%
Others
AMMC CLO Ltd. 2014-15A DRR†	3.524% (3 Mo. LIBOR + 3.40%	)#	1/15/2032	$	100	$	99,744
CIFC Funding III Ltd. 2021-3A D†	3.124% (3 Mo. LIBOR + 3.00%	)#	7/15/2036		150		149,271
Voya CLO Ltd. 2019-1A BR†	1.674% (3 Mo. LIBOR + 1.55%	)#	4/15/2031		150		150,271
Webster Park CLO Ltd. 2015-1A BR†	1.932% (3 Mo. LIBOR + 1.80%	)#	7/20/2030		250		250,125
Total Asset-Backed Securities (cost $645,451)							649,411
CONVERTIBLE BONDS 3.26%
Auto Manufacturers 0.27%
Ford Motor Co.†	Zero Coupon		3/15/2026		16		19,006
NIO, Inc. (China)†(a)	0.50%		2/1/2027		37		31,373
Total							50,379
Energy-Alternate Sources 0.19%
SolarEdge Technologies, Inc. (Israel)(a)	Zero Coupon		9/15/2025		24		35,599
Engineering & Construction 0.09%
Granite Construction, Inc.	2.75%		11/1/2024		13		17,297
Entertainment 0.35%
Live Nation Entertainment, Inc.	2.50%		3/15/2023		23		35,981
Vail Resorts, Inc.†	Zero Coupon		1/1/2026		27		29,855
Total							65,836
Health Care-Products 0.10%
Insulet Corp.	0.375%		9/1/2026		13		19,348
Home Builders 0.09%
Winnebago Industries, Inc.	1.50%		4/1/2025		13		16,715
Internet 0.55%
Airbnb, Inc.†	Zero Coupon		3/15/2026		27		26,501
Sea Ltd. (Singapore)(a)	2.375%		12/1/2025		7		26,753
Shopify, Inc. (Canada)(a)	0.125%		11/1/2025		14		17,833
Spotify USA, Inc.†	Zero Coupon		3/15/2026		20		19,062
Wayfair, Inc.	0.625%		10/1/2025		15		14,851
Total							105,000

See Notes to Schedule of Investments. 23

Schedule of Investments (unaudited)(continued)

SHORT DURATION HIGH YIELD FUND October 31, 2021

Investments	Interest Rate	Maturity Date	Principal Amount (000)		Fair Value
Machinery: Construction & Mining 0.08%
Bloom Energy Corp.	2.50%	8/15/2025	$	7	$	14,377
Mining 0.12%
Livent Corp.	4.125%	7/15/2025		7		23,503
Oil & Gas 0.12%
Antero Resources Corp.	4.25%	9/1/2026		5		23,472
Pharmaceuticals 0.12%
Dexcom, Inc.	0.75%	12/1/2023		6		22,759
REITS 0.14%
IH Merger Sub LLC	3.50%	1/15/2022		15		27,169
Software 0.66%
Avalara, Inc.†	0.25%	8/1/2026		18		18,887
Bentley Systems, Inc.†	0.125%	1/15/2026		15		17,100
Cloudflare, Inc.†	Zero Coupon	8/15/2026		31		39,173
Datadog, Inc.	0.125%	6/15/2025		11		20,887
Jamf Holding Corp.†	0.125%	9/1/2026		26		30,417
Total						126,464
Transportation 0.38%
Atlas Air Worldwide Holdings, Inc.	1.875%	6/1/2024		18		26,235
CryoPort, Inc.†	3.00%	6/1/2025		9		31,452
Scorpio Tankers, Inc. (Monaco)†(a)	3.00%	5/15/2025		15		15,346
Total						73,033
Total Convertible Bonds (cost $586,127)						620,951
CORPORATE BONDS 73.70%
Advertising 0.14%
Outfront Media Capital LLC/Outfront Media Capital Corp.†	6.25%	6/15/2025		25		26,187
Aerospace/Defense 2.75%
Bombardier, Inc. (Canada)†(a)	7.125%	6/15/2026		59		61,950
Howmet Aerospace, Inc.	6.875%	5/1/2025		80		92,798
Kratos Defense & Security Solutions, Inc.†	6.50%	11/30/2025		32		33,120
Spirit AeroSystems, Inc.†	5.50%	1/15/2025		35		36,488
SSL Robotics LLC†	9.75%	12/31/2023		9		9,731
TransDigm, Inc.	5.50%	11/15/2027		222		227,550
Triumph Group, Inc.	7.75%	8/15/2025		41		41,748

24 See Notes to Schedule of Investments.

Schedule of Investments (unaudited)(continued)

SHORT DURATION HIGH YIELD FUND October 31, 2021

Investments	Interest Rate		Maturity Date		Principal Amount (000)		Fair Value
Aerospace/Defense (continued)
Triumph Group, Inc.†	8.875%		6/1/2024		$	19	$	20,952
Total								524,337
Agriculture 0.19%
Turning Point Brands, Inc.†	5.625%		2/15/2026			36		36,541
Airlines 3.20%
Air Canada (Canada)†(a)	3.875%		8/15/2026			54		54,743
American Airlines Group, Inc.†	3.75%		3/1/2025			99		90,565
American Airlines Inc/AAdvantage Loyalty IP Ltd.†	5.50%		4/20/2026			11		11,553
American Airlines, Inc.†	11.75%		7/15/2025			150		186,000
Hawaiian Airlines 2013-1 Class A Pass Through Certificates	3.90%		7/15/2027			39		38,720
Hawaiian Brand Intellectual Property Ltd./HawaiianMiles Loyalty Ltd.†	5.75%		1/20/2026			67		70,241
Spirit Loyalty Cayman Ltd./Spirit IP Cayman Ltd.†	8.00%		9/20/2025			26		29,247
United Airlines 2020-1 Class A Pass Through Trust	5.875%		4/15/2029			13		14,174
United Airlines, Inc.†	4.375%		4/15/2026			112		116,001
Total								611,244
Apparel 0.23%
William Carter Co. (The)†	5.50%		5/15/2025			42		43,995
Auto Manufacturers 3.52%
Ford Motor Co.	4.346%		12/8/2026			130		139,148
Ford Motor Co.	9.00%		4/22/2025			408		491,130
JB Poindexter & Co., Inc.†	7.125%		4/15/2026			39		41,048
Total								671,326
Auto Parts & Equipment 0.37%
Clarios Global LP†	6.75%		5/15/2025			13		13,713
Goodyear Tire & Rubber Co. (The)	9.50%		5/31/2025			24		26,187
Tenneco, Inc.	5.00%		7/15/2026			32		31,248
Total								71,148
Banks 1.45%
Citigroup, Inc.	3.875% (5 Yr. Treasury CMT + 3.42%	)#	–	(b)		45		45,506
Citigroup, Inc.	5.95% (3 Mo. LIBOR + 4.07%	)#	–	(b)		27		28,013
JPMorgan Chase & Co.	4.00% (SOFR + 2.75%	)#	–	(b)		98		98,061

See Notes to Schedule of Investments. 25

Schedule of Investments (unaudited)(continued)

SHORT DURATION HIGH YIELD FUND October 31, 2021

Investments	Interest Rate		Maturity Date		Principal Amount (000)		Fair Value
Banks (continued)
Popular, Inc.	6.125%		9/14/2023		$	49	$	52,379
SVB Financial Group	4.25% (5 Yr. Treasury CMT + 3.07%	)#	–	(b)		27		27,132
Texas Capital Bancshares, Inc.	4.00% (5 Yr. Treasury CMT + 3.15%	)#	5/6/2031			25		26,053
Total								277,144
Building Materials 0.11%
Patrick Industries, Inc.†	7.50%		10/15/2027			20		21,450
Chemicals 1.66%
GCP Applied Technologies, Inc.†	5.50%		4/15/2026			36		36,909
Ingevity Corp.†	4.50%		2/1/2026			53		53,596
Rain CII Carbon LLC/CII Carbon Corp.†	7.25%		4/1/2025			21		21,472
Tianqi Finco Co. Ltd.	3.75%		11/28/2022			200		187,495
Venator Finance Sarl/Venator Materials LLC (Luxembourg)†(a)	5.75%		7/15/2025			19		17,783
Total								317,255
Coal 0.98%
Coronado Finance Pty Ltd. (Australia)†(a)	10.75%		5/15/2026			34		37,029
Natural Resource Partners LP/NRP Finance Corp.†	9.125%		6/30/2025			26		26,221
Peabody Energy Corp.†	6.375%		3/31/2025			44		40,113
Warrior Met Coal, Inc.†	8.00%		11/1/2024			82		82,828
Total								186,191
Commercial Services 2.46%
Ahern Rentals, Inc.†	7.375%		5/15/2023			24		23,040
Alta Equipment Group, Inc.†	5.625%		4/15/2026			35		35,883
CPI CG, Inc.†	8.625%		3/15/2026			17		18,381
Hertz Corp. (The)	5.50%		10/15/2024			22		715
Hertz Corp. (The)	6.25%		10/15/2022			2		60
IPD 3 BV(c)	5.50%		12/1/2025		EUR	100		118,929
Legends Hospitality Holding Co. LLC/Legends Hospitality Co-Issuer, Inc.†	5.00%		2/1/2026		$	18		18,292
PeopleCert Wisdom Issuer plc†(c)	5.75%		9/15/2026		EUR	100		119,392
Prime Security Services Borrower LLC/Prime Finance, Inc.†	5.75%		4/15/2026		$	30		32,127
Ritchie Bros Auctioneers, Inc. (Canada)†(a)	5.375%		1/15/2025			15		15,296
Sabre GLBL, Inc.†	7.375%		9/1/2025			14		14,892

26 See Notes to Schedule of Investments.

Schedule of Investments (unaudited)(continued)

SHORT DURATION HIGH YIELD FUND October 31, 2021

Investments	Interest Rate		Maturity Date		Principal Amount (000)		Fair Value
Commercial Services (continued)
Sabre GLBL, Inc.†	9.25%		4/15/2025		$	20	$	23,140
WASH Multifamily Acquisition, Inc.†	5.75%		4/15/2026			47		48,645
Total								468,792
Computers 1.31%
CA Magnum Holdings (Mauritius)†(a)(d)	5.375%		10/31/2026			200		205,176
Western Digital Corp.	4.75%		2/15/2026			40		44,000
Total								249,176
Cosmetics/Personal Care 0.16%
Coty, Inc.†	5.00%		4/15/2026			14		14,368
Coty, Inc.†	6.50%		4/15/2026			15		15,431
Total								29,799
Distribution/Wholesale 0.07%
Avient Corp.†	5.75%		5/15/2025			12		12,555
Diversified Financial Services 5.18%
Advisor Group Holdings, Inc.†	10.75%		8/1/2027			49		54,590
Air Lease Corp.	4.65% (5 Yr. Treasury CMT + 4.08%	)#	–	(b)		53		54,921
Aircastle Ltd.†	5.25% (5 Yr. Treasury CMT + 4.41%	)#	–	(b)		32		32,960
Aircastle Ltd.†	5.25%		8/11/2025			31		34,272
Alliance Data Systems Corp.†	4.75%		12/15/2024			32		32,776
Ally Financial, Inc.	4.70% (5 Yr. Treasury CMT + 3.87%	)#	–	(b)		49		50,929
Ally Financial, Inc.	5.75%		11/20/2025			25		28,391
Avolon Holdings Funding Ltd. (Ireland)†(a)	5.50%		1/15/2026			15		16,811
Credit Acceptance Corp.†	5.125%		12/31/2024			22		22,522
Global Aircraft Leasing Co. Ltd. PIK 7.25%†	6.50%		9/15/2024			31		30,332
Jefferson Capital Holdings LLC†	6.00%		8/15/2026			43		43,598
LD Holdings Group LLC†	6.50%		11/1/2025			26		25,526
LFS Topco LLC†	5.875%		10/15/2026			18		18,540
Navient Corp.	6.75%		6/25/2025			120		132,221
OneMain Finance Corp.	7.125%		3/15/2026			63		71,584
OneMain Finance Corp.	8.25%		10/1/2023			58		64,556
OneMain Finance Corp.	8.875%		6/1/2025			88		95,260
PennyMac Financial Services, Inc.†	5.375%		10/15/2025			32		33,040
PHH Mortgage Corp.†	7.875%		3/15/2026			47		47,684

See Notes to Schedule of Investments. 27

Schedule of Investments (unaudited)(continued)

SHORT DURATION HIGH YIELD FUND October 31, 2021

Investments	Interest Rate		Maturity Date		Principal Amount (000)		Fair Value
Diversified Financial Services (continued)
PRA Group, Inc.†	7.375%		9/1/2025		$	26	$	27,755
Rocket Mortgage LLC/Rocket Mortgage Co-Issuer, Inc.†	2.875%		10/15/2026			23		22,871
VistaJet Malta Finance plc/XO Management Holding, Inc. (Malta)†(a)	10.50%		6/1/2024			43		46,468
Total								987,607
Electric 1.19%
Calpine Corp.†	5.25%		6/1/2026			34		35,027
Elwood Energy LLC	8.159%		7/5/2026			20		21,490
FirstEnergy Corp.	2.05%		3/1/2025			35		35,206
NextEra Energy Operating Partners LP†	3.875%		10/15/2026			35		37,278
Talen Energy Supply LLC	6.50%		6/1/2025			41		24,943
Terraform Global Operating LLC†	6.125%		3/1/2026			36		36,954
Vistra Corp.†	8.00% (5 Yr. Treasury CMT + 6.93%	)#	–	(b)		35		36,774
Total								227,672
Electronics 0.17%
Sensata Technologies BV†	5.00%		10/1/2025			30		32,900
Energy-Alternate Sources 1.05%
Cullinan Holdco Scsp†(c)	4.625%		10/15/2026		EUR	100		116,423
Enviva Partners LP/Enviva Partners Finance Corp.†	6.50%		1/15/2026		$	23		23,817
Renewable Energy Group, Inc.†	5.875%		6/1/2028			17		17,893
Sunnova Energy Corp.†	5.875%		9/1/2026			41		41,666
Total								199,799
Engineering & Construction 0.75%
Brundage-Bone Concrete Pumping Holdings, Inc.†	6.00%		2/1/2026			27		28,303
Promontoria Holding 264 BV(c)	6.75%		8/15/2023		EUR	100		115,570
Total								143,873
Entertainment 3.44%
Buena Vista Gaming Authority†	13.00%		4/1/2023		$	20		21,600
Caesars Entertainment, Inc.†	6.25%		7/1/2025			84		88,460
Caesars Entertainment, Inc.†	8.125%		7/1/2027			6		6,728
Caesars Resort Collection LLC/CRC Finco, Inc.†	5.75%		7/1/2025			13		13,676
CCM Merger, Inc.†	6.375%		5/1/2026			29		30,434
Cedar Fair LP/Canada’s Wonderland Co./Magnum Management Corp./Millennium Op†	5.50%		5/1/2025			50		51,937

28 See Notes to Schedule of Investments.

Schedule of Investments (unaudited)(continued)

SHORT DURATION HIGH YIELD FUND October 31, 2021

Investments	Interest Rate	Maturity Date	Principal Amount (000)		Fair Value
Entertainment (continued)
Downstream Development Authority of the Quapaw Tribe of Oklahoma†	10.50%	2/15/2023	$	44	$	45,595
Empire Resorts, Inc.†	7.75%	11/1/2026		200		204,464
Inter Media & Communication SpA†(c)	4.875%	12/31/2022	EUR	93		107,320
Mohegan Gaming & Entertainment†	7.875%	10/15/2024	$	9		9,360
Mohegan Gaming & Entertainment†	8.00%	2/1/2026		26		26,845
Raptor Acquisition Corp./Raptor Co-Issuer LLC†	4.875%	11/1/2026		19		19,262
Scientific Games International, Inc.†	8.625%	7/1/2025		16		17,287
Vail Resorts, Inc.†	6.25%	5/15/2025		12		12,655
Total						655,623
Environmental Control 0.13%
Waste Pro USA, Inc.†	5.50%	2/15/2026		25		24,783
Food 0.47%
Arcor SAIC (Argentina)†(a)	6.00%	7/6/2023		9		8,783
Chobani LLC/Chobani Finance Corp., Inc.†	7.50%	4/15/2025		38		39,520
Fresh Market, Inc. (The)†	9.75%	5/1/2023		15		15,431
Nathan’s Famous, Inc.†	6.625%	11/1/2025		25		25,488
Total						89,222
Forest Products & Paper 0.18%
Resolute Forest Products, Inc. (Canada)†(a)	4.875%	3/1/2026		34		34,637
Health Care-Services 2.09%
Air Methods Corp.†	8.00%	5/15/2025		44		33,729
CHS/Community Health Systems, Inc.†	5.625%	3/15/2027		50		52,385
Global Medical Response, Inc.†	6.50%	10/1/2025		22		21,854
Hadrian Merger Sub, Inc.†	8.50%	5/1/2026		24		24,870
Legacy LifePoint Health LLC†	4.375%	2/15/2027		70		69,387
ModivCare, Inc.†	5.875%	11/15/2025		15		15,769
Radiology Partners, Inc.†	9.25%	2/1/2028		34		36,097
RegionalCare Hospital Partners Holdings, Inc./LifePoint Health, Inc.†	9.75%	12/1/2026		9		9,506
Select Medical Corp.†	6.25%	8/15/2026		35		36,653
Tenet Healthcare Corp.†	4.875%	1/1/2026		70		71,837
US Acute Care Solutions LLC†	6.375%	3/1/2026		25		25,969
Total						398,056

See Notes to Schedule of Investments. 29

Schedule of Investments (unaudited)(continued)

SHORT DURATION HIGH YIELD FUND October 31, 2021

Investments	Interest Rate		Maturity Date	Principal Amount (000)		Fair Value
Home Builders 1.36%
Forestar Group, Inc.†	3.85%		5/15/2026	$	76	$	76,095
Meritage Homes Corp.	6.00%		6/1/2025		17		19,108
New Home Co., Inc. (The)†	7.25%		10/15/2025		51		52,721
Picasso Finance Sub, Inc.†	6.125%		6/15/2025		11		11,591
STL Holding Co. LLC†	7.50%		2/15/2026		42		44,205
TRI Pointe Group, Inc./TRI Pointe Homes, Inc.	5.875%		6/15/2024		50		55,450
Total							259,170
Housewares 0.27%
CD&R Smokey Buyer, Inc.†	6.75%		7/15/2025		6		6,345
Newell Brands, Inc.	4.70%		4/1/2026		30		32,892
Newell Brands, Inc.	4.875%		6/1/2025		12		13,159
Total							52,396
Insurance 0.37%
Acrisure LLC/Acrisure Finance, Inc.†	7.00%		11/15/2025		7		7,079
Global Atlantic Fin Co.†	4.70% (5 Yr. Treasury CMT + 3.80%	)#	10/15/2051		20		20,616
Radian Group, Inc.	4.875%		3/15/2027		40		43,702
Total							71,397
Internet 1.22%
Netflix, Inc.†	3.625%		6/15/2025		136		144,771
TripAdvisor, Inc.†	7.00%		7/15/2025		30		31,762
Uber Technologies, Inc.†	7.50%		5/15/2025		12		12,807
Uber Technologies, Inc.†	8.00%		11/1/2026		40		42,626
Total							231,966
Iron-Steel 0.11%
Baffinland Iron Mines Corp./Baffinland Iron Mines LP (Canada)†(a)	8.75%		7/15/2026		20		21,217
Leisure Time 2.75%
Carnival Corp.†	4.00%		8/1/2028		30		30,038
Carnival Corp.†	7.625%		3/1/2026		20		21,097
Carnival Corp.†	10.50%		2/1/2026		70		81,427
Life Time, Inc.†	5.75%		1/15/2026		34		34,948
NCL Corp. Ltd.†	3.625%		12/15/2024		51		48,067
NCL Corp. Ltd.†	5.875%		3/15/2026		14		14,053
NCL Corp. Ltd.†	12.25%		5/15/2024		17		20,075
Pinnacle Bidco plc(c)	5.50%		2/15/2025	EUR	100		117,970

30 See Notes to Schedule of Investments.

Schedule of Investments (unaudited)(continued)

SHORT DURATION HIGH YIELD FUND October 31, 2021

Investments	Interest Rate	Maturity Date	Principal Amount (000)		Fair Value
Leisure Time (continued)
Royal Caribbean Cruises Ltd.†	9.125%	6/15/2023	$	116	$	126,095
Royal Caribbean Cruises Ltd.†	11.50%	6/1/2025		27		30,763
Total						524,533
Lodging 1.55%
Boyd Gaming Corp.†	8.625%	6/1/2025		15		16,181
MGM Resorts International	5.50%	4/15/2027		25		26,969
MGM Resorts International	5.75%	6/15/2025		15		16,219
MGM Resorts International	6.00%	3/15/2023		72		76,066
MGM Resorts International	6.75%	5/1/2025		11		11,598
Sugarhouse HSP Gaming Prop Mezz LP/Sugarhouse HSP Gaming Finance Corp.†	5.875%	5/15/2025		29		28,763
Travel and Leisure Co.†	6.625%	7/31/2026		50		55,900
Wynn Las Vegas LLC/Wynn Las Vegas Capital Corp.†	4.25%	5/30/2023		14		14,087
Wynn Las Vegas LLC/Wynn Las Vegas Capital Corp.†	5.25%	5/15/2027		33		33,495
Wynn Las Vegas LLC/Wynn Las Vegas Capital Corp.†	5.50%	3/1/2025		17		17,308
Total						296,586
Machinery: Construction & Mining 0.23%
Manitowoc Co., Inc. (The)†	9.00%	4/1/2026		42		44,773
Machinery-Diversified 0.26%
Clark Equipment Co.†	5.875%	6/1/2025		27		28,181
Granite US Holdings Corp.†	11.00%	10/1/2027		19		20,836
Total						49,017
Media 1.04%
Diamond Sports Group LLC/Diamond Sports Finance Co.†	5.375%	8/15/2026		30		17,010
Diamond Sports Group LLC/Diamond Sports Finance Co.†	6.625%	8/15/2027		40		12,000
DISH DBS Corp.	5.875%	11/15/2024		50		53,313
Gray Television, Inc.†	7.00%	5/15/2027		50		53,563
Nexstar Media, Inc.†	5.625%	7/15/2027		25		26,406
Radiate Holdco LLC/Radiate Finance, Inc.†	4.50%	9/15/2026		35		35,605
Total						197,897
Metal Fabricate-Hardware 0.15%
Park-Ohio Industries, Inc.	6.625%	4/15/2027		30		28,250

See Notes to Schedule of Investments. 31

Schedule of Investments (unaudited)(continued)

SHORT DURATION HIGH YIELD FUND October 31, 2021

Investments	Interest Rate		Maturity Date		Principal Amount (000)		Fair Value
Mining 1.96%
Compass Minerals International, Inc.†	4.875%		7/15/2024		$	32	$	33,360
FMG Resources August 2006 Pty Ltd. (Australia)†(a)	4.50%		9/15/2027			59		61,729
FMG Resources August 2006 Pty Ltd. (Australia)†(a)	5.125%		5/15/2024			27		28,814
Freeport-McMoRan, Inc.	4.55%		11/14/2024			136		147,223
Hudbay Minerals, Inc. (Canada)†(a)	4.50%		4/1/2026			55		54,931
New Gold, Inc. (Canada)†(a)	6.375%		5/15/2025			21		21,646
Novelis Corp.†	3.25%		11/15/2026			6		5,992
Taseko Mines Ltd. (Canada)†(a)	7.00%		2/15/2026			19		19,665
Total								373,360
Miscellaneous Manufacturing 1.16%
FXI Holdings, Inc.†	7.875%		11/1/2024			59		60,180
General Electric Co.	3.446% (3 Mo. LIBOR + 3.33%	)#	–	(b)		97		94,797
Trinity Industries, Inc.	4.55%		10/1/2024			62		65,788
Total								220,765
Oil & Gas 14.00%
Aethon United BR LP/Aethon United Finance Corp.†	8.25%		2/15/2026			53		56,999
Antero Resources Corp.†	8.375%		7/15/2026			16		18,020
Apache Corp.	4.625%		11/15/2025			81		87,418
Berry Petroleum Co. LLC†	7.00%		2/15/2026			62		62,999
Bonanza Creek Energy, Inc.†	5.00%		10/15/2026			29		29,332
California Resources Corp.†	7.125%		2/1/2026			84		88,722
Callon Petroleum Co.	6.125%		10/1/2024			46		45,453
Callon Petroleum Co.	6.375%		7/1/2026			19		18,082
Callon Petroleum Co.†	9.00%		4/1/2025			30		32,288
Centennial Resource Production LLC†	5.375%		1/15/2026			117		116,822
Chesapeake Energy Corp.†	5.50%		2/1/2026			50		52,188
Citgo Holding, Inc.†	9.25%		8/1/2024			45		45,746
CITGO Petroleum Corp.†	6.375%		6/15/2026			20		20,625
CITGO Petroleum Corp.†	7.00%		6/15/2025			65		67,070
Colgate Energy Partners III LLC†	7.75%		2/15/2026			69		73,744
Comstock Resources, Inc.†	7.50%		5/15/2025			4		4,155
CrownRock LP/CrownRock Finance, Inc.†	5.625%		10/15/2025			47		48,116
Encino Acquisition Partners Holdings LLC†	8.50%		5/1/2028			40		41,870
EQT Corp.†	3.125%		5/15/2026			45		45,395
EQT Corp.	6.625%		2/1/2025			70		78,838
Gulfport Energy Operating Corp.†	8.00%		5/17/2026			59		64,875

32 See Notes to Schedule of Investments.

Schedule of Investments (unaudited)(continued)

SHORT DURATION HIGH YIELD FUND October 31, 2021

Investments	Interest Rate	Maturity Date	Principal Amount (000)		Fair Value
Oil & Gas (continued)
Independence Energy Finance LLC†	7.25%	5/1/2026	$	49	$	51,021
Laredo Petroleum, Inc.	9.50%	1/15/2025		95		97,819
Magnolia Oil & Gas Operating LLC/Magnolia Oil & Gas Finance Corp.†	6.00%	8/1/2026		62		63,716
Matador Resources Co.	5.875%	9/15/2026		102		105,454
MEG Energy Corp. (Canada)†(a)	6.50%	1/15/2025		12		12,300
MEG Energy Corp. (Canada)†(a)	7.125%	2/1/2027		70		73,588
Murphy Oil Corp.	5.75%	8/15/2025		17		17,446
Murphy Oil Corp.	6.875%	8/15/2024		43		43,923
Nabors Industries Ltd.†	7.25%	1/15/2026		26		25,264
Nabors Industries, Inc.	5.75%	2/1/2025		27		25,700
Nabors Industries, Inc.†	9.00%	2/1/2025		40		41,465
Oasis Petroleum, Inc.†	6.375%	6/1/2026		70		74,113
Occidental Petroleum Corp.	5.55%	3/15/2026		315		348,075
Ovintiv Exploration, Inc.	5.375%	1/1/2026		25		27,854
PBF Holding Co. LLC/PBF Finance Corp.†	9.25%	5/15/2025		64		62,220
PDC Energy, Inc.	5.75%	5/15/2026		65		66,950
PDC Energy, Inc.	6.125%	9/15/2024		19		19,298
Precision Drilling Corp. (Canada)†(a)	6.875%	1/15/2029		16		16,548
Precision Drilling Corp. (Canada)†(a)	7.125%	1/15/2026		62		63,847
Range Resources Corp.	4.875%	5/15/2025		77		80,369
Range Resources Corp.	5.00%	3/15/2023		42		43,226
SM Energy Co.	5.625%	6/1/2025		107		107,401
Southwestern Energy Co.	6.45%	1/23/2025		72		78,570
Transocean Guardian Ltd.†	5.875%	1/15/2024		17		16,359
Transocean Sentry Ltd.†	5.375%	5/15/2023		11		10,852
Total						2,672,135
Oil & Gas Services 2.45%
ChampionX Corp	6.375%	5/1/2026		18		18,872
Oceaneering International, Inc.	4.65%	11/15/2024		97		100,880
TechnipFMC plc (United Kingdom)†(a)	6.50%	2/1/2026		66		70,405
Transocean Proteus Ltd.†	6.25%	12/1/2024		11		11,125
USA Compression Partners LP/USA Compression Finance Corp.	6.875%	4/1/2026		59		61,065
Welltec International ApS (Denmark)†(a)	8.25%	10/15/2026		200		205,351
Total						467,698
Packaging & Containers 0.03%
Trident TPI Holdings, Inc.†	9.25%	8/1/2024		6		6,286

See Notes to Schedule of Investments. 33

Schedule of Investments (unaudited)(continued)

SHORT DURATION HIGH YIELD FUND October 31, 2021

Investments		Interest Rate		Maturity Date		Principal Amount (000)		Fair Value
Pharmaceuticals 0.16%
Herbalife Nutrition Ltd./HLF Financing, Inc.†		7.875%		9/1/2025		$	29	$	31,174
Pipelines 2.11%
Antero Midstream Partners LP/Antero Midstream Finance Corp.†		7.875%		5/15/2026			52		56,940
Buckeye Partners LP		3.95%		12/1/2026			16		16,423
Buckeye Partners LP†		4.125%		3/1/2025			12		12,315
Buckeye Partners LP		6.375% (3 Mo. LIBOR + 4.02%	)#	1/22/2078			85		77,851
Energy Transfer LP	6.50% (5 Yr. Treasury CMT + 5.69%		)#	–	(b)		49		50,837
Northriver Midstream Finance LP (Canada)†(a)		5.625%		2/15/2026			33		34,145
Plains All American Pipeline LP		6.125% (3 Mo. LIBOR + 4.11%	)#	–	(b)		30		27,225
Rattler Midstream LP†		5.625%		7/15/2025			10		10,463
Western Midstream Operating LP		3.95%		6/1/2025			111		117,061
Total									403,260
Real Estate 1.74%
Peach Property Finance GmbH†(c)		4.375%		11/15/2025		EUR	100		118,263
Signa Development Finance SCS†(c)		5.50%		7/23/2026		EUR	100		101,584
Vivion Investments Sarl(c)		3.00%		8/8/2024		EUR	100		111,630
Total									331,477
REITS 1.98%
HAT Holdings I LLC/HAT Holdings II LLC†		3.375%		6/15/2026		$	68		67,491
HAT Holdings I LLC/HAT Holdings II LLC†		6.00%		4/15/2025			74		77,160
IIP Operating Partnership LP		5.50%		5/25/2026			20		21,122
Ladder Capital Finance Holdings LLLP/Ladder Capital Finance Corp.†		4.25%		2/1/2027			15		15,096
Ladder Capital Finance Holdings LLLP/Ladder Capital Finance Corp.†		5.25%		10/1/2025			58		58,508
MGM Growth Properties Operating Partnership LP/MGP Finance Co-Issuer, Inc.†		4.625%		6/15/2025			8		8,610
MGM Growth Properties Operating Partnership LP/MGP Finance Co-Issuer, Inc.		5.625%		5/1/2024			36		39,100
VICI Properties LP/VICI Note Co., Inc.†		3.50%		2/15/2025			63		64,181
XHR LP†		6.375%		8/15/2025			25		26,406
Total									377,674

34 See Notes to Schedule of Investments.

Schedule of Investments (unaudited)(continued)

SHORT DURATION HIGH YIELD FUND October 31, 2021

Investments		Interest Rate		Maturity Date	Principal Amount (000)		Fair Value
Retail 3.18%
Bath & Body Works, Inc.†		9.375%		7/1/2025	$	32	$	39,720
BCPE Ulysses Intermediate, Inc. PIK 8.50%†		7.75%		4/1/2027		60		57,326
Brinker International, Inc.†		5.00%		10/1/2024		63		66,780
Caleres, Inc.		6.25%		8/15/2023		6		6,019
Carvana Co.†		5.625%		10/1/2025		34		34,765
CEC Entertainment LLC†		6.75%		5/1/2026		17		17,016
Guitar Center, Inc.†		8.50%		1/15/2026		34		36,271
Lithia Motors, Inc.†		4.625%		12/15/2027		50		52,925
Macy’s Retail Holdings LLC		3.625%		6/1/2024		55		56,908
NMG Holding Co., Inc./Neiman Marcus Group LLC†		7.125%		4/1/2026		16		16,825
Party City Holdings, Inc.†		6.625%		8/1/2026		20		16,800
Party City Holdings, Inc.†		8.75%		2/15/2026		33		33,795
Specialty Building Products Holdings LLC/SBP Finance Corp.†		6.375%		9/30/2026		18		18,765
Staples, Inc.†		7.50%		4/15/2026		13		13,159
Staples, Inc.†		10.75%		4/15/2027		14		13,393
Stonegate Pub Co. Financing 2019 plc(c)	5.75% (3 Mo. EURIBOR + 5.75%		)#	7/31/2025	EUR	100		114,868
White Cap Parent LLC PIK 8.25%†		8.25%		3/15/2026	$	11		11,138
Total								606,473
Semiconductors 0.23%
Microchip Technology, Inc.		4.25%		9/1/2025		43		44,735
Software 0.18%
Fair Isaac Corp.†		5.25%		5/15/2026		15		16,744
Veritas US, Inc./Veritas Bermuda Ltd.†		7.50%		9/1/2025		17		17,638
Total								34,382
Telecommunications 1.04%
Sprint Corp.		7.625%		2/15/2025		135		157,106
Sprint Corp.		7.625%		3/1/2026		35		42,005
Total								199,111
Total Trucking & Leasing 0.59%
Fly Leasing Ltd. (Ireland)†(a)		7.00%		10/15/2024		60		59,008
Fortress Transportation and Infrastructure Investors LLC†		6.50%		10/1/2025		52		53,576
Total								112,584

See Notes to Schedule of Investments. 35

Schedule of Investments (unaudited)(continued)

SHORT DURATION HIGH YIELD FUND October 31, 2021

Investments	Interest Rate		Maturity Date	Principal Amount (000)		Fair Value
Toys/Games/Hobbies 0.11%
Mattel, Inc.†	3.375%		4/1/2026	$	21	$	21,630
Water 0.22%
Solaris Midstream Holdings LLC†	7.625%		4/1/2026		39		41,182
Total Corporate Bonds (cost $13,816,524)							14,062,440
FLOATING RATE LOANS(e) 15.12%
Advertising 0.20%
AppLovin Corporation 2021 Term Loan B	–	(f)	10/21/2028		37		37,250
Aerospace/Defense 0.18%
Spirit Aerosystems, Inc. 2021 Term Loan B	–	(f)	1/15/2025		2		2,238
WP CPP Holdings, LLC 2018 Term Loan	4.75% (1 Mo. LIBOR + 3.75% (3 Mo. LIBOR + 3.75%	) )	4/30/2025		32		31,723
Total							33,961
Air Transportation 0.32%
SkyMiles IP Ltd. 2020 Skymiles Term Loan B	4.75% (3 Mo. LIBOR + 3.75%	)	10/20/2027		58		61,834
Auto Parts: Original Equipment 0.10%
Chassix Inc. 2017 1st Lien Term Loan	6.50% (3 Mo. LIBOR + 5.50%	)	11/15/2023		20		19,398
Automotive 0.31%
Drive Chassis HoldCo, LLC 2019 2nd Lien Term Loan	6.869% (1 Mo. LIBOR + 6.00%	)	4/10/2026		58		58,820
Building Materials 0.61%
Associated Asphalt Partners, LLC 2017 Term Loan B	6.25% (1 Mo. LIBOR + 5.25%	)	4/5/2024		17		15,910
Quikrete Holdings, Inc. 2021 Term Loan B1	–	(f)	2/21/2028		75		74,827
Rexnord LLC 2021 Term Loan B	2.75% (1 Mo. LIBOR + 2.25%	)	10/4/2028		26		25,968
Total							116,705
Business Services 0.84%
Brand Energy & Infrastructure Services, Inc. 2017 Term Loan	5.25% (3 Mo. LIBOR + 4.25%	)	6/21/2024		36		35,449

36 See Notes to Schedule of Investments.

Schedule of Investments (unaudited)(continued)

SHORT DURATION HIGH YIELD FUND October 31, 2021

Investments	Interest Rate		Maturity Date	Principal Amount (000)		Fair Value
Business Services (continued)
KUEHG Corp. 2018 Incremental Term Loan	4.75% (3 Mo. LIBOR + 3.75%	)	2/21/2025	$	29	$	29,182
Sweetwater Borrower, LLC Term Loan B	5.50% (3 Mo. LIBOR + 4.75%	)	8/7/2028		44		43,926
Syniverse Holdings, Inc. 2018 1st Lien Term Loan	6.00% (3 Mo. LIBOR + 5.00%	)	3/9/2023		27		26,960
Team Health Holdings, Inc. 1st Lien Term Loan	3.75% (1 Mo. LIBOR + 2.75%	)	2/6/2024		25		23,885
Total							159,402
Chemicals 0.89%
ASP Unifrax Holdings Inc Term Loan B	3.882% (3 Mo. LIBOR + 3.75%	)	12/12/2025		46		45,301
LSF11 A5 Holdco LLC Term Loan	4.25% (3 Mo. LIBOR + 3.75%	)	10/15/2028		16		15,586
LTI Holdings, Inc. 2018 Add On 1st Lien Term Loan	3.587% (1 Mo. LIBOR + 3.50%	)	9/6/2025		20		19,432
Messer Industries GmbH 2018 USD Term Loan	2.632% (3 Mo. LIBOR + 2.50%	)	3/1/2026		18		17,549
Starfruit Finco B.V 2018 USD Term Loan B (Netherlands)(a)	2.839% (1 Mo. LIBOR + 2.75%	)	10/1/2025		73		72,730
Total							170,598
Coal 0.46%
Alpha Metallurgical Resources, Inc. 2019 Term Loan	10.00% (3 Mo. LIBOR + 8.00%	)	6/14/2024		44		43,922
Peabody Energy Corporation 2018 Term Loan	–	(f)	3/31/2025		50		44,238
Total							88,160
Computer Hardware 0.26%
Escape Velocity Holdings, Inc. 2021 Term Loan	4.75% (3 Mo. LIBOR+4.25%	)	10/8/2028		15		15,136
Magenta Buyer LLC 2021 USD 1st Lien Term Loan	5.75% (3 Mo. LIBOR + 5.00%	)	7/27/2028		35		34,803
Total							49,939

See Notes to Schedule of Investments. 37

Schedule of Investments (unaudited)(continued)

SHORT DURATION HIGH YIELD FUND October 31, 2021

Investments	Interest Rate		Maturity Date	Principal Amount (000)		Fair Value
Computer Software 0.63%
Applied Systems, Inc. 2017 1st Lien Term Loan	–	(f)	9/19/2024	$	15	$	15,085
Banff Merger Sub Inc 2021 USD 2nd Lien Term Loan	6.00% (3 Mo. LIBOR + 5.50%	)	2/27/2026		18		17,887
Grab Holdings Inc Term Loan B	5.50% (1 Mo. LIBOR + 4.50%	)	1/29/2026		25		25,575
Liftoff Mobile Inc Term Loan B	4.25% (3 Mo. LIBOR + 3.75%	)	10/2/2028		28		27,745
Renaissance Holding Corp. 2018 1st Lien Term Loan	3.337% (1 Mo. LIBOR + 3.25%	)	5/30/2025		35		34,657
Total							120,949
Drugs 0.07%
Canopy Growth Corporation Term Loan (Canada)(a)	9.50% (3 Mo. LIBOR + 8.50%	)	3/18/2026		12		13,337
Electric: Power 0.26%
Astoria Energy LLC 2020 Term Loan B	4.50% (3 Mo. LIBOR + 3.50%	)	12/10/2027		30		29,760
Helix Gen Funding, LLC Term Loan B	4.75% (1 Mo. LIBOR + 3.75%	)	6/3/2024		21		20,037
Total							49,797
Electronics 0.38%
Deliver Buyer, Inc. Term Loan B	5.132% (3 Mo. LIBOR + 5.00%	)	5/1/2024		42		41,699
Electrical Components International, Inc. 2018 1st Lien Term Loan	4.349% (3 Mo. LIBOR + 4.25%	)	6/26/2025		32		31,305
Total							73,004
Energy Equipment & Services 0.62%
Array Technologies, Inc. Term Loan B	3.75% (3 Mo. LIBOR + 3.25%	)	10/14/2027		33		33,380
Centuri Group, Inc Term Loan B	3.00% (3 Mo. LIBOR + 2.50%	)	8/27/2028		11		10,891
Esdec Solar Group B.V. Term Loan B (Netherlands)(a)	5.75% (6 Mo. LIBOR + 5.00%	)	8/30/2028		45		45,331
Refficiency Holdings LLC 2021 Delayed Draw Term Loan(g)	–	(f)	12/31/2027		2		1,947

38 See Notes to Schedule of Investments.

Schedule of Investments (unaudited)(continued)

SHORT DURATION HIGH YIELD FUND October 31, 2021

Investments	Interest Rate		Maturity Date	Principal Amount (000)		Fair Value
Energy Equipment & Services (continued)
Refficiency Holdings LLC 2021 Term Loan	–	(f)	12/31/2027	$	10	$	10,054
USIC Holdings, Inc. 2021 2nd Lien Term Loan	7.25% (1 Mo. LIBOR + 6.50%	)	5/7/2029		16		16,726
Total							118,329
Entertainment 0.58%
Cinemark USA, Inc. 2018 Term Loan B	1.84% (1 Mo. LIBOR + 1.75%	)	3/31/2025		55		52,402
Motion Finco Sarl Delayed Draw Term Loan B2 (Luxembourg)(a)	3.382% (3 Mo. LIBOR + 3.25%	)	11/12/2026		4		3,504
Motion Finco Sarl USD Term Loan B1 (Luxembourg)(a)	3.382% (3 Mo. LIBOR + 3.25%	)	11/12/2026		27		26,461
Vue International Bidco p.l.c. 2019 EUR Term Loan B(c)	4.75% (6 Mo. EURIBOR + 4.75%	)	7/3/2026	EUR	27		29,181
Total							111,548
Environmental Services 0.18%
Robertshaw US Holding Corp 2018 1st Lien Term Loan	4.50% (1 Mo. LIBOR + 3.50%	)	2/28/2025	$	35		34,265
Financial Services 0.78%
Advisor Group, Inc. 2021 Term Loan	4.587% (1 Mo. LIBOR + 4.50%	)	7/31/2026		39		38,642
Edelman Financial Center, LLC 2021 Term Loan B	–	(f)	4/7/2028		36		35,941
Hudson River Trading LLC 2021 Term Loan	–	(f)	3/20/2028		50		49,652
SSH Group Holdings, Inc. 2018 1st Lien Term Loan	4.382% (3 Mo. LIBOR + 4.25%	)	7/30/2025		25		23,934
Total							148,169
Food 0.07%
Sovos Brands Intermediate, Inc. 2021 Term Loan	4.50% (3 Mo. LIBOR + 3.75%	)	6/8/2028		13		13,114

See Notes to Schedule of Investments. 39

Schedule of Investments (unaudited)(continued)

SHORT DURATION HIGH YIELD FUND October 31, 2021

Investments	Interest Rate		Maturity Date	Principal Amount (000)			Fair Value
Food/Beverage 0.08%
Aramark Services, Inc. 2018 Term Loan B3	1.837% (1 Mo. LIBOR + 1.75%	)	3/11/2025	$	15		$	14,671
Health Care Products 0.21%
Insulet Corporation Term Loan B	3.75% (1 Mo. LIBOR + 3.25%	)	5/4/2028		40			40,012
Health Care Services 1.03%
Electron BidCo Inc. 2021 Term Loan	–	(f)	10/7/2028		8			7,528
EyeCare Partners, LLC 2020 Term Loan	3.882% (3 Mo. LIBOR + 3.75%	)	2/18/2027		40			39,636
EyeCare Partners, LLC 2021 2nd Lien Term Loan	–	(f)	10/14/2028		17			16,921
EyeCare Partners, LLC 2021 Delayed Draw Term Loan(g)	–	(f)	10/14/2028		4			4,229
Global Medical Response, Inc. 2017 Incremental Term Loan	–	(f)	3/14/2025		9			9,086
Heartland Dental, LLC 2018 1st Lien Term Loan	3.587% (1 Mo. LIBOR + 3.50%	)	4/30/2025		41			40,397
Medical Solutions L.L.C. 2021 Delayed Draw Term Loan(g)	–	(f)	10/5/2028		3			3,412
Medical Solutions L.L.C. 2021 First Lien Term Loan	–	(f)	10/7/2028		18			17,916
National Mentor Holdings, Inc. 2021 Delayed Draw Term Loan(g)	3.75%		3/2/2028		1			1,179
National Mentor Holdings, Inc. 2021 Term Loan	4.50% (1 Mo. LIBOR + 3.75% (3 Mo. LIBOR + 3.75%	) )	3/2/2028		25			25,333
National Mentor Holdings, Inc. 2021 Term Loan C	4.50% (3 Mo. LIBOR + 3.75%	)	3/2/2028		1			800
U.S. Renal Care, Inc. 2019 Term Loan B	5.125% (1 Mo. LIBOR + 5.00%	)	6/26/2026		31			30,556
Wellpath Holdings, Inc. 2018 1st Lien Term Loan	5.587% - 5.63% (1 Mo. LIBOR + 5.50% (3 Mo. LIBOR + 5.50%	) )	10/1/2025		–	(h)		26
Total								197,019

40 See Notes to Schedule of Investments.

Schedule of Investments (unaudited)(continued)

SHORT DURATION HIGH YIELD FUND October 31, 2021

Investments	Interest Rate		Maturity Date	Principal Amount (000)		Fair Value
Insurance 0.08%
Asurion LLC 2018 Term Loan B7	3.087% (1 Mo. LIBOR + 3.00%	)	11/3/2024	$	16	$	15,715
Leisure 1.10%
Alterra Mountain Company Term Loan B1	2.837% (1 Mo. LIBOR + 2.75%	)	7/31/2024		18		17,729
Bulldog Purchaser Inc. 2018 Term Loan	3.871% (3 Mo. LIBOR + 3.75%	)	9/5/2025		16		15,383
Carnival Corporation 2021 Incremental Term Loan B	4.00% (6 Mo. LIBOR + 3.25%	)	10/18/2028		23		23,212
City Football Group Limited Term Loan (United Kingdom)(a)	4.00% (6 Mo. LIBOR + 3.50%	)	7/21/2028		36		36,314
CMBF LLC Delayed Draw Term Loan(g)	3.00%		8/2/2028		4		4,364
CMBF LLC Term Loan	6.50% (1 Mo. LIBOR + 6.00%	)	8/2/2028		15		14,662
Equinox Holdings, Inc. 2017 1st Lien Term Loan	4.00% (3 Mo. LIBOR + 3.00%	)	3/8/2024		14		13,309
Equinox Holdings, Inc. 2020 Term Loan B2	10.00% (3 Mo. LIBOR + 9.00%	)	3/8/2024		14		13,773
Gibson Brands Inc. 2021 Term Loan	5.75% (3 Mo. LIBOR + 5.00%	)	6/25/2028		21		20,449
Life Time Fitness Inc 2021 Term Loan B	5.75% (3 Mo. LIBOR + 4.75%	)	12/16/2024		6		5,812
TopGolf International, Inc. Term Loan B	7.00% (3 Mo. LIBOR + 6.25%	)	2/8/2026		25		25,211
United PF Holdings, LLC 2019 1st Lien Term Loan	4.132% (3 Mo. LIBOR + 4.00%	)	12/30/2026		20		19,347
Total							209,565
Lodging 0.15%
Spectacle Gary Holdings LLC Delayed Draw Term Loan	11.00% (1 Mo. LIBOR + 9.00%	)	12/23/2025		2		1,906
Spectacle Gary Holdings LLC Term Loan B	11.00% (1 Mo. LIBOR + 9.00%	)	12/23/2025		24		26,345
Total							28,251

See Notes to Schedule of Investments. 41

Schedule of Investments (unaudited)(continued)

SHORT DURATION HIGH YIELD FUND October 31, 2021

Investments	Interest Rate		Maturity Date	Principal Amount (000)		Fair Value
Machinery: Industrial/Specialty 0.58%
Arcline FM Holdings, LLC 2021 1st Lien Term Loan	5.50% (3 Mo. LIBOR + 4.75%	)	6/23/2028	$	33	$	33,353
Engineered Machinery Holdings, Inc. 2021 USD Incremental Term Loan	4.50% (3 Mo. LIBOR + 3.75%	)	5/19/2028		40		40,108
Granite Holdings US Acquisition Co. 2021 Term Loan B	4.132% (3 Mo. LIBOR + 4.00%	)	9/30/2026		37		36,740
Total							110,201
Media 0.55%
Banijay Entertainment S.A.S USD Term Loan (France)(a)	3.83% (1 Mo. LIBOR + 3.75%	)	3/1/2025		30		29,731
NEP/NCP Holdco, Inc. 2018 2nd Lien Term Loan	7.087% (1 Mo. LIBOR + 7.00%	)	10/19/2026		25		24,288
Nexstar Broadcasting, Inc. 2019 Term Loan B4	2.582% (1 Mo. LIBOR + 2.50%	)	9/18/2026		50		49,981
Total							104,000
Miscellaneous 0.65%
Cvent, Inc. 1st Lien Term Loan	3.837% (1 Mo. LIBOR + 3.75%	)	11/29/2024		15		15,359
MND Holdings III Corp 2018 1st Lien Term Loan	4.50% (3 Mo. LIBOR + 3.50%	)	6/19/2024		56		53,991
Paysafe Group Holdings II Limited USD Term Loan B1 (United Kingdom)(a)	–	(f)	6/28/2028		30		30,303
Pearl Intermediate Parent LLC 2018 1st Lien Term Loan	2.837% (1 Mo. LIBOR + 2.75%	)	2/14/2025		18		18,204
WideOpenWest Finance LLC 2017 Term Loan B	4.25% (1 Mo. LIBOR + 3.25%	)	8/18/2023		7		7,020
Total							124,877
Oil 0.26%
Brazos Delaware II, LLC Term Loan B	4.086% (1 Mo. LIBOR + 4.00%	)	5/21/2025		51		50,367

42 See Notes to Schedule of Investments.

Schedule of Investments (unaudited)(continued)

SHORT DURATION HIGH YIELD FUND October 31, 2021

Investments	Interest Rate			Maturity Date	Principal Amount (000)		Fair Value
Oil: Crude Producers 0.09%
Oryx Midstream Services Permian Basin LLC Term Loan B		3.75% (3 Mo. LIBOR + 3.25%	)	10/5/2028	$	16	$	16,281
Oil: Integrated Domestic 0.50%
BCP Raptor II, LLC 1st Lien Term Loan		4.837% (1 Mo. LIBOR + 4.75%	)	11/3/2025		39		38,674
Ulterra Drilling Technologies, LP Term Loan B		5.337% (1 Mo. LIBOR + 5.25%	)	11/26/2025		60		55,818
Total								94,492
Real Estate 0.46%
Claros Mortgage Trust, Inc. Term Loan B		6.00% (1 Mo. LIBOR + 5.00%	)	8/9/2026		59		59,000
Washington Prime Group, L.P. 2018 Revolver(g)		–	(f)	12/30/2021		13		12,890
Washington Prime Group, L.P. 2018 Term Loan		–	(f)	12/30/2022		9		8,998
Washington Prime Group, L.P. Term Loan		–	(f)	1/10/2023		6		5,921
Total								86,809
Retail 0.82%
BDF Acquisition Corp. 1st Lien Term Loan		6.25% (1 Mo. LIBOR + 5.25%	)	8/14/2023		15		14,777	(i)
Golden Nugget, Inc. 2017 Incremental Term Loan B		3.25% (2 Mo. LIBOR + 2.50% (3 Mo. LIBOR + 2.50%	) )	10/4/2023		20		19,745
Miller’s Ale House, Inc. 2018 Term Loan		4.836% (1 Mo. LIBOR + 4.75%	)	5/30/2025		19		18,421
Panera Bread Company Term Loan A		2.375% (1 Mo. LIBOR + 2.25%	)	7/18/2022		42		40,854
Rising Tide Holdings, Inc. Term Loan		5.50% (1 Mo. LIBOR + 4.75%	)	6/1/2028		21		21,487
Torrid LLC 2021 Term Loan B		6.25% (3 Mo. LIBOR + 5.50%	)	5/19/2028		41		41,686
Total								156,970

See Notes to Schedule of Investments. 43

Schedule of Investments (unaudited)(continued)

SHORT DURATION HIGH YIELD FUND October 31, 2021

Investments	Interest Rate			Maturity Date	Principal Amount (000)		Fair Value
Security Services 0.10%
Armor Holding II LLC 2021 Term Loan B		–	(f)	10/29/2028	$	20	$	19,893	(i)
Technology 0.18%
Anastasia Parent, LLC 2018 Term Loan B		3.882% (3 Mo. LIBOR + 3.75%	)	8/11/2025		25		21,460
Imperva, Inc. 1st Lien Term Loan		5.00% (3 Mo. LIBOR + 4.00%	)	1/12/2026		12		11,876
Total								33,336
Transportation: Miscellaneous 0.34%
AIT Worldwide Logistics, Inc 2021 Term Loan		5.50% (3 Mo. LIBOR + 4.75%	)	3/31/2028		18		18,284
PS HoldCo, LLC 2021 Term Loan B		5.00% (2 Mo. LIBOR + 4.25%	)	9/22/2028		47		47,243
Total								65,527
Wholesale 0.20%
Fastlane Parent Company, Inc. 2018 Add On 1st Lien Term Loan		4.587% (1 Mo. LIBOR + 4.50%	)	2/4/2026		38		37,748
Total Floating Rate Loans (cost $2,835,132)								2,884,313
NON-AGENCY COMMERCIAL MORTGAGE-BACKED SECURITIES 1.20%
BFLD 2019-DPLO F†		2.63% (1 Mo. LIBOR + 2.54%	)#	10/15/2034		33		32,167
Great Wolf Trust 2019-WOLF B†		1.424% (1 Mo. LIBOR + 1.33%	)#	12/15/2036		15		14,964
Great Wolf Trust 2019-WOLF D†		2.023% (1 Mo. LIBOR + 1.93%	)#	12/15/2036		27		26,775
Great Wolf Trust 2019-WOLF E†		2.822% (1 Mo. LIBOR + 2.73%	)#	12/15/2036		17		16,617
JP Morgan Chase Commercial Mortgage Securities Trust 2021-1440 E†		3.94% (1 Mo. LIBOR + 3.85%	)#	3/15/2036		100		100,338
JPMorgan Chase Commercial Mortgage Securities Trust 2018-LAQ B†		1.39% (1 Mo. LIBOR + 1.30%	)#	6/15/2032		16		16,013
KKR Industrial Portfolio Trust 2021-KDIP D†		1.34% (1 Mo. LIBOR + 1.25%	)#	12/15/2037		8		7,363

44 See Notes to Schedule of Investments.

Schedule of Investments (unaudited)(continued)

SHORT DURATION HIGH YIELD FUND October 31, 2021

Investments	Interest Rate			Maturity Date	Principal Amount (000)			Fair Value
NON-AGENCY COMMERCIAL MORTGAGE-BACKED SECURITIES (continued)
KKR Industrial Portfolio Trust 2021-KDIP E†	1.64% (1 Mo. LIBOR + 1.55%		)#	12/15/2037	$	8		$	7,337
KKR Industrial Portfolio Trust 2021-KDIP F†	2.14% (1 Mo. LIBOR + 2.05%		)#	12/15/2037		8			7,524
Total Non-Agency Commercial Mortgage-Backed Securities (cost $225,877)									229,098
		Dividend Rate			Shares (000)
PREFERRED STOCKS 0.46%
Commercial Banks 0.16%
Synovus Financial Corp.	6.30% (3 Mo. LIBOR + 3.35%		)#			1			31,440
Media 0.13%
ViacomCBS, Inc.		5.75%				–	(j)		24,252
Metals & Mining 0.17%
RBC Bearings, Inc.		5.00%				–	(j)		32,648
Total Preferred Stocks (cost $88,740)									88,340
Total Long-Term Investments (cost $18,197,851)									18,534,553
					Principal Amount (000)
SHORT-TERM INVESTMENTS 3.01%
Repurchase Agreements 3.01%
Repurchase Agreement dated 10/29/2021, 0.00% due 11/1/2021 with Fixed Income Clearing Corp. collateralized by $614,100 of U.S. Treasury Note at 0.50% due 10/31/2027; value: $585,993; proceeds: $574,412 (cost $574,412)					$	574			574,412
Total Investments in Securities 100.15% (cost $18,772,263)									19,108,965
Less Unfunded Loan Commitments (0.08%) (cost $15,193)									(15,191	)
Net Investments in Securities 100.07% (cost $18,757,070)									19,093,774
Other Assets and Liabilities – Net(k) (0.07)%									(13,183	)
Net Assets 100.00%								$	19,080,591

See Notes to Schedule of Investments. 45

Schedule of Investments (unaudited)(continued)

SHORT DURATION HIGH YIELD FUND October 31, 2021

EUR	Euro.
CMT	Constant Maturity Rate.
EURIBOR	Euro Interbank Offered Rate.
LIBOR	London Interbank Offered Rate.
PIK	Payment-in-kind.
SOFR	Secured Over Night Financing Rate.

†	Security was purchased pursuant to Rule 144A under the Securities Act of 1933 and, unless registered under such Act or exempted from registration, may only be resold to qualified institutional buyers. At October 31, 2021, the total value of Rule 144A securities was $9,634,917, which represents 50.50% of net assets.
#	Variable rate security. The interest rate represents the rate in effect at October 31, 2021.
(a)	Foreign security traded in U.S. dollars.
(b)	Security is perpetual in nature and has no stated maturity.
(c)	Investment in non-U.S. dollar denominated securities.
(d)	Securities purchased on a when-issued basis.
(e)	Floating Rate Loans in which the Fund invests generally pay interest at rates which are periodically re-determined at a margin above the London Interbank Offered Rate (“LIBOR”) or the prime rate offered by major U.S. banks. The rate(s) shown is the rate(s) in effect at October 31, 2021.
(f)	Interest rate to be determined.
(g)	Security partially/fully unfunded.
(h)	Amount is less than $1,000.
(i)	Level 3 Investment as described in Note 2(b) in the Notes to Financials. Floating Rate Loans categorized as Level 3 are valued based on a single quotation obtained from a dealer. Accounting principles generally accepted in the United States of America do not require the Fund to create quantitative unobservable inputs that were not developed by the Fund. Therefore, the Fund does not have access to unobservable inputs and cannot disclose such inputs in the valuation.
(j)	Amount represents less than 1,000 shares.
(k)	Other Assets and Liabilities - Net include net unrealized appreciation/depreciation on forward foreign currency exchange contracts and futures contracts as follows:

Open Forward Foreign Currency Exchange Contracts at October 31, 2021:

Forward Foreign Currency Exchange Contracts	Transaction Type	Counterparty	Expiration Date	Foreign Currency	U.S. $ Cost on Origination Date		U.S. $ Current Value		Unrealized Appreciation
Euro	Buy	Bank of America	12/10/2021	103,000		$118,892		$119,171		$	279
Euro	Sell	Barclays Bank plc	12/10/2021	103,000		122,088		119,171			2,917
Euro	Sell	Goldman Sachs	12/10/2021	100,000		115,853		115,700			153
Euro	Sell	State Street Bank and Trust	12/10/2021	706,000		836,149		816,839			19,310
Euro	Sell	State Street Bank and Trust	12/10/2021	105,291		122,136		121,821			315
Unrealized Appreciation on Forward Foreign Currrency Exchange Contracts										$	22,974

Forward Foreign Currency Exchange Contracts	Transaction Type	Counterparty	Expiration Date	Foreign Currency	U.S. $ Cost on Origination Date	U.S. $ Current Value		Unrealized Depreciation
Euro	Sell	State Street Bank and Trust	12/10/2021	24,000	$ 27,762		$ 27,768		$	(6	)
Euro	Sell	State Street Bank and Trust	12/10/2021	90,000	103,879		104,130			(251	)
Unrealized Depreciation on Forward Foreign Currrency Exchange Contracts									$	(257	)

46 See Notes to Schedule of Investments.

Schedule of Investments (unaudited)(concluded)

SHORT DURATION HIGH YIELD FUND October 31, 2021

Open Futures Contracts at October 31, 2021:

Type

Expiration

Contracts

Position

Notional Amount

Notional Value

Unrealized Appreciation

U.S. 2-Year Treasury Note

December 2021

14

Short

$(3,072,850

)

$(3,069,500

)

$3,350

Type

Expiration

Contracts

Position

Notional Amount

Notional Value

Unrealized Depreciation

U.S. 5-Year Treasury Note

December 2021

11

Short

$(1,337,768

)

$(1,339,250

)

$(1,482

)

The following is a summary of the inputs used as of October 31, 2021 in valuing the Fund’s investments carried at fair value⁽¹⁾:

Investment Type(2)	Level 1			Level 2			Level 3		Total
Long-Term Investments
Asset-Backed Securities	$	–		$	649,411		$	–	$	649,411
Convertible Bonds		–			620,951			–		620,951
Corporate Bonds		–			14,062,440			–		14,062,440
Floating Rate Loans
Retail		–			142,193			14,777		156,970
Security Services		–			–			19,893		19,893
Remaining Industries		–			2,707,450			–		2,707,450
Less Unfunded Commitments		–			(15,191	)		–		(15,191	)
Non-Agency Commercial
Mortgage-Backed Securities		–			229,098			–		229,098
Preferred Stocks		88,340			–			–		88,340
Short-Term Investments
Repurchase Agreements		–			574,412			–		574,412
Total	$	88,340		$	18,970,764		$	34,670	$	19,093,774
Other Financial Instruments
Forward Foreign Currency Exchange Contracts
Assets	$	–		$	22,974		$	–	$	22,974
Liabilities		–			(257	)		–		(257	)
Futures Contracts
Assets		3,350			–			–		3,350
Liabilities		(1,482	)		–			–		(1,482	)
Total	$	1,868		$	22,717		$	–	$	24,585

(1)

Refer to Note 2(b) for a description of fair value measurements and the three-tier hierarchy of inputs.

(2)

See Schedule of Investments for fair values in each industry and identification of foreign issuers and/or geography. The table above is presented by Investment Type. Industries are presented within an Investment Type should such Investment Type include securities classified as two or more levels within the three-tier fair value hierarchy. When applicable each Level 3 security is identified on the Schedule of Investments along with the valuation technique utilized.

A reconciliation of Level 3 investments is presented when the Fund has a material amount of Level 3 investments at the beginning or end of the period in relation to the Fund’s net assets. Management has determined not to provide a reconciliation as the balance of Level 3 investments was not considered to be material to the Fund’s net assets at the beginning or end of the period.

See Notes to Schedule of Investments. 47

Notes to Schedule of Investments (unaudited)

1. ORGANIZATION  

Lord Abbett Trust I (the “Trust”) is registered under the Investment Company Act of 1940, as amended (the “Act”), as a diversified, open-end management investment company and was organized as a Delaware statutory Trust on January 30, 2020. The Trust’s predecessor corporation was organized on May 1, 2001. The Trust currently consists of the following four funds separately, a “Fund” and collectively, the “Funds”). Lord Abbett Climate Focused Bond Fund (“Climate Focused Bond Fund”), Lord Abbett International Growth Fund (“International Growth Fund”), Lord Abbett Mid Cap Innovation Growth Fund (“Mid Cap Innovation Growth Fund’) and Lord Abbett Short Duration High Yield Fund (“Short Duration High Yield Fund”). The International Growth Fund commenced operations on June 18, 2021. Climate Focused Bond Fund’s investment objective is total return. International Growth Fund’s investment objective is to seek long-term capital appreciation. Mid Cap Innovation Growth Fund’s investment objective is to seek capital appreciation. Short Duration High Yield Fund’s investment objective is to seek a high current income and the opportunity for capital appreciation to produce a high total return.

2. SIGNIFICANT ACCOUNTING POLICIES  

(a) Investment Valuation-Under procedures approved by the Funds’ Board of Directors (the “Board”), Lord Abbett & Co. LLC (“Lord Abbett”), each Fund’s investment manager, has formed a Pricing Committee to administer the pricing and valuation of portfolio investments and to ensure that prices utilized reasonably reflect fair value. Among other things, these procedures allow the Funds to utilize independent pricing services, quotations from securities and financial instrument dealers and other market sources to determine fair value.   Securities actively traded on any recognized U.S. or non-U.S. exchange or on The NASDAQ Stock Market LLC are valued at the last sale price or official closing price on the exchange or system on which they are principally traded. Events occurring after the close of trading on non-U.S. exchanges may result in adjustments to the valuation of foreign securities to reflect their fair value as of the close of regular trading on the New York Stock Exchange. When valuing foreign equity securities that meet certain criteria, the Board has approved the use of an independent fair valuation service that values such securities to reflect market trading that occurs after the close of the applicable foreign markets of comparable securities or other instruments that correlate to the fair-valued securities. Unlisted equity securities are valued at the last quoted sale price or, if no sale price is available, at the mean between the most recently quoted bid and asked prices. Fixed income securities are valued based on evaluated prices supplied by independent pricing services, which reflect broker/dealer supplied valuations and the independent pricing services’ own electronic data processing techniques. Exchange traded options and futures contracts are valued at the last quoted sale price in the market where they are principally traded. If no sale has occurred, the mean between the most recently quoted bid and asked prices is used. Floating rate loans are valued at the average of bid and ask quotations obtained from dealers in loans on the basis of prices supplied by independent pricing services. Forward foreign currency exchange contracts are valued using daily forward exchange rates.   Securities for which prices are not readily available are valued at fair value as determined by the Pricing Committee. The Pricing Committee considers a number of factors, including observable and unobservable inputs, when arriving at fair value. The Pricing Committee may

48

Notes to Schedule of Investments (unaudited)(continued)

use related or comparable assets or liabilities, recent transactions, market multiples, book values, yield curves, broker quotes, observable trading activity, option adjusted spread models and other relevant information to determine the fair value of portfolio investments. The Board or a designated committee thereof regularly reviews fair value determinations made by the Pricing Committee and may employ techniques such as reviewing related market activity, reviewing inputs and assumptions, and retrospectively comparing prices of subsequent purchases and sales transactions to fair value determinations made by the Pricing Committee.

Investments in open-end money market mutual funds are valued at their NAV as of the close of each business day. Short-term securities with 60 days or less remaining to maturity are valued using the amortized cost method, which approximates fair value.

(b) Fair Value Measurements-Fair value is defined as the price that each Fund would receive upon selling an investment or transferring a liability in an orderly transaction to an independent buyer in the principal or most advantageous market of the investment. A three-tier hierarchy is used to maximize the use of observable market data and minimize the use of unobservable inputs and to establish classification of fair value measurements for disclosure purposes. Inputs refer broadly to the assumptions that market participants would use in pricing the asset or liability, including assumptions about risk - for example, the risk inherent in a particular valuation technique used to measure fair value (such as a pricing model) and/or the risk inherent in the inputs to the valuation technique. Inputs may be observable or unobservable. Observable inputs reflect the assumptions market participants would use in pricing the asset or liability. Observable inputs are based on market data obtained from sources independent of the reporting entity. Unobservable inputs reflect the reporting entity’s own assumptions about the assumptions market participants would use in pricing the asset or liability. Unobservable inputs are based on the best information available in the circumstances. The three-tier hierarchy classification is determined based on the lowest level of inputs that is significant to the fair value measurement, and is summarized in the three broad Levels listed below:

•	Level 1 –	unadjusted quoted prices in active markets for identical investments;
•	Level 2 –	other significant observable inputs (including quoted prices for similar investments, interest rates, prepayment speeds, credit risk, etc.); and
•	Level 3 –	significant unobservable inputs (including each Fund’s own assumptions in determining the fair value of investments).

A summary of inputs used in valuing each Fund’s investments and other financial instruments as of October 31, 2021 and, if applicable, Level 3 rollforwards for the period then ended is included in each Fund’s Schedule of Investments.

Changes in valuation techniques may result in transfers into or out of an assigned level within the three-tier hierarchy. The inputs or methodology used for valuing securities are not necessarily an indication of the risk associated with investing in those securities.

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Notes to Schedule of Investments (unaudited)(concluded)

3. FEDERAL TAX INFORMATION  

It is the policy of the Fund to meet the requirements of Subchapter M of the Internal Revenue Code applicable to regulated investment companies and to distribute substantially all taxable income and capital gains to its shareholders. Therefore, no income tax provision is required.

Each Fund files U.S. federal and various state and local tax returns. No income tax returns are currently under examination. The statute of limitations on the Fund’s filed U.S. federal tax returns remains open generally three years after the filing of the tax return. The statutes of limitations on the Fund’s, state and local tax returns may remain open for an additional year depending upon the jurisdiction.

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QPHR-TRI-1Q

(10/21)