Lord Abbett Trust I NPORT-P Lord Abbett Climate Focused Bond Fund (Oct 2022 report)

Lord Abbett
Quarterly Portfolio Holdings Report

Lord Abbett

Climate Focused Bond Fund

Emerging Markets Equity Fund

International Growth Fund

Short Duration High Yield Fund

For the period ended October 31, 2022

Schedule of Investments (unaudited)

CLIMATE FOCUSED BOND FUND October 31, 2022

Investments	Interest Rate	Maturity Date	Principal Amount		Fair Value
LONG-TERM INVESTMENTS 94.26%
ASSET-BACKED SECURITIES 0.88%
Automobiles 0.50%
Tesla Auto Lease Trust 2021-A B†	1.02%	3/20/2025	$	100,000	$	94,944
Other 0.38%
Sunrun Demeter Issuer 2021-2A A†	2.27%	1/30/2057		95,149		72,918
Total Asset-Backed Securities (cost $195,373)						167,862
CONVERTIBLE BONDS 0.76%
Auto Manufacturers 0.13%
Lucid Group, Inc.†	1.25%	12/15/2026		12,000		7,530
NIO, Inc. (China)(a)	0.50%	2/1/2027		8,000		5,740
Tesla, Inc.	2.00%	5/15/2024		1,000		10,990
Total						24,260
Energy-Alternate Sources 0.56%
Enphase Energy, Inc.	Zero Coupon	3/1/2026		19,000		23,380
NextEra Energy Partners LP†	Zero Coupon	6/15/2024		14,000		13,496
Plug Power, Inc.	3.75%	6/1/2025		3,000		9,654
SolarEdge Technologies, Inc. (Israel)(a)	Zero Coupon	9/15/2025		21,000		23,530
SunPower Corp.	4.00%	1/15/2023		16,000		16,384
Sunrun, Inc.	Zero Coupon	2/1/2026		30,000		20,070
Total						106,514
REITS 0.07%
HAT Holdings I LLC/HAT Holdings II LLC†	Zero Coupon	5/1/2025		15,000		13,126
Total Convertible Bonds (cost $182,537)						143,900
CORPORATE BONDS 67.26%
Agriculture 0.52%
Darling Ingredients, Inc.†	5.25%	4/15/2027		67,000		64,420
Darling Ingredients, Inc.†	6.00%	6/15/2030		36,000		34,699
Total						99,119
Auto Manufacturers 0.20%
Ford Motor Co.	3.25%	2/12/2032		50,000		37,626
Auto Parts & Equipment 0.78%
Aptiv plc (Ireland)(a)	4.35%	3/15/2029		35,000		31,327
BorgWarner, Inc.	3.375%	3/15/2025		65,000		62,108

See Notes to Schedule of Investments. 1

Schedule of Investments (unaudited)(continued)

CLIMATE FOCUSED BOND FUND October 31, 2022

Investments		Interest Rate		Maturity Date	Principal Amount		Fair Value
Auto Parts & Equipment (continued)
Dana, Inc.		4.25%		9/1/2030	$	68,000	$	54,563
Total								147,998
Banks 10.19%
ABN AMRO Bank NV (Netherlands)†(a)	2.47% (1 Yr. Treasury CMT + 1.10%		)#	12/13/2029		200,000		155,605
Bank of America Corp.		2.456% (3 Mo. LIBOR + .87%	)#	10/22/2025		210,000		196,049
Bank of Ireland Group plc(b)		0.375% (1 Yr. EUSA + .77%	)#	5/10/2027	EUR	100,000		83,752
Bank of Nova Scotia (The) (Canada)(a)		0.65%		7/31/2024	$	125,000		115,137
Bank of Nova Scotia (The) (Canada)(a)		2.375%		1/18/2023		80,000		79,624
BNP Paribas SA (France)†(a)		1.675% (SOFR + .91%	)#	6/30/2027		200,000		167,714
CaixaBank SA(b)		1.25% (5 Yr. EUSA + 3.63%	)#	6/18/2031	EUR	100,000		82,764
Citigroup, Inc.		1.678% (SOFR + 1.67%	)#	5/15/2024	$	125,000		122,290
Danske Bank A/S(b)		0.75% (1 Yr. EUAMDB + .88%	)#	6/9/2029	EUR	100,000		78,083
Development Bank of Japan, Inc. (Japan)†(a)		4.375%		9/22/2025	$	200,000		197,252
JPMorgan Chase & Co.		0.768% (SOFR + .49%	)#	8/9/2025		221,000		201,769
Kreditanstalt fuer Wiederaufbau (Germany)(a)		0.75%		9/30/2030		150,000		114,964
Kreditanstalt fuer Wiederaufbau (Germany)(a)		1.75%		9/14/2029		175,000		149,000
Landesbank Baden-Wuerttemberg(b)		1.50%		2/3/2025	GBP	100,000		104,560
Royal Bank of Canada (Canada)(a)		1.15%		7/14/2026	$	100,000		85,459
Total								1,934,022
Biotechnology 0.26%
Amgen, Inc.		3.00%		2/22/2029		56,000		48,938
Building Materials 0.77%
Eco Material Technologies, Inc.†		7.875%		1/31/2027		45,000		42,121
Johnson Controls International plc/Tyco Fire & Security Finance SCA		1.75%		9/15/2030		72,000		55,312
Owens Corning, Inc.		3.95%		8/15/2029		55,000		48,321
Total								145,754

2 See Notes to Schedule of Investments.

Schedule of Investments (unaudited)(continued)

CLIMATE FOCUSED BOND FUND October 31, 2022

Investments	Interest Rate	Maturity Date	Principal Amount		Fair Value
Chemicals 1.09%
Air Liquide Finance SA(b)	0.375%	5/27/2031	EUR	100,000	$	77,810
Sociedad Quimica y Minera de Chile SA (Chile)†(a)	3.50%	9/10/2051	$	200,000		128,424
Total						206,234
Commercial Services 1.65%
Bureau Veritas SA(b)	1.875%	1/6/2025	EUR	100,000		93,898
Global Payments, Inc.	3.20%	8/15/2029	$	50,000		41,611
Global Payments, Inc.	3.75%	6/1/2023		30,000		29,697
Massachusetts Institute of Technology	3.959%	7/1/2038		75,000		65,831
Techem Verwaltungsgesellschaft 674 mbH(b)	6.00%	7/30/2026	EUR	87,920		81,561
Total						312,598
Computers 0.42%
Apple, Inc.	3.00%	6/20/2027	$	85,000		79,201
Distribution/Wholesale 0.43%
Rexel SA(b)	2.125%	6/15/2028	EUR	100,000		81,734
Diversified Financial Services 1.93%
CDP Financial, Inc. (Canada)(a)	1.00%	5/26/2026	$	250,000		219,558
LeasePlan Corp. NV(b)	0.25%	2/23/2026	EUR	100,000		84,838
Visa, Inc.	0.75%	8/15/2027	$	75,000		62,529
Total						366,925
Electric 11.28%
AB Ignitis Grupe(b)	2.00%	5/21/2030	EUR	100,000		77,773
Audax Renovables SA(b)	4.20%	12/18/2027	EUR	100,000		59,048
Clearway Energy Operating LLC†	3.75%	2/15/2031	$	70,000		58,619
Drax Finco plc(b)	2.625%	11/1/2025	EUR	100,000		88,695
EDP Finance BV (Netherlands)†(a)	6.30%	10/11/2027	$	200,000		199,328
Electricite de France SA(b)	1.00%	11/29/2033	EUR	100,000		67,054
Enel Finance International NV (Netherlands)†(a)	2.25%	7/12/2031	$	200,000		135,893
Engie SA(b)	0.375%	6/21/2027	EUR	100,000		85,699
Greenko Investment Co. (India)†(a)	4.875%	8/16/2023	$	200,000		191,680
Korea East-West Power Co. Ltd. (South Korea)†(a)	3.60%	5/6/2025		200,000		191,784
Leeward Renewable Energy Operations LLC†	4.25%	7/1/2029		102,000		82,769
Liberty Utilities Finance GP 1†	2.05%	9/15/2030		75,000		55,595
MidAmerican Energy Co.	3.95%	8/1/2047		65,000		49,563
NextEra Energy Capital Holdings, Inc.	1.90%	6/15/2028		86,000		71,072
NextEra Energy Operating Partners LP†	4.50%	9/15/2027		55,000		51,231

See Notes to Schedule of Investments. 3

Schedule of Investments (unaudited)(continued)

CLIMATE FOCUSED BOND FUND October 31, 2022

Investments		Interest Rate		Maturity Date	Principal Amount		Fair Value
Electric (continued)
Northern States Power Co/MN		2.60%		6/1/2051	$	50,000	$	29,845
Orsted A/S(b)		1.50%		11/26/2029	EUR	100,000		86,304
Pattern Energy Operations LP/Pattern Energy Operations, Inc.†		4.50%		8/15/2028	$	64,000		57,708
Ren Finance BV(b)		0.50%		4/16/2029	EUR	100,000		78,640
Solar Star Funding LLC†		5.375%		6/30/2035	$	81,796		81,490
Southwestern Public Service Co.		3.75%		6/15/2049		50,000		35,899
Statnett SF(b)		0.518%		6/30/2023	SEK	2,000,000		177,779
TenneT Holding BV(b)		0.125%		11/30/2032	EUR	100,000		67,425
Tucson Electric Power Co.		1.50%		8/1/2030	$	60,000		44,686
Wisconsin Electric Power Co.		4.75%		9/30/2032		16,000		15,234
Total								2,140,813
Electrical Components & Equipment 0.51%
Schneider Electric SE(b)		1.841%		10/13/2025	EUR	100,000		96,626
Electronics 0.59%
Amphenol Corp.		2.80%		2/15/2030	$	75,000		62,375
Hubbell, Inc.		3.50%		2/15/2028		55,000		50,037
Total								112,412
Energy-Alternate Sources 5.28%
Adani Green Energy UP Ltd./Prayatna Developers Pvt Ltd./Parampujya Solar Energ (India)†(a)		6.25%		12/10/2024		200,000		181,930
Continental Wind LLC†		6.00%		2/28/2033		55,881		55,234
Cullinan Holdco Scsp†(b)		4.625%		10/15/2026	EUR	100,000		82,460
EEW Energy from Waste GmbH(b)		0.361%		6/30/2026	EUR	100,000		85,050
Enviva Partners LP/Enviva Partners Finance Corp.†		6.50%		1/15/2026	$	70,000		67,314
Scatec ASA†(b)	2.851% (3 Mo. EURIBOR + 2.50%		)#	8/19/2025	EUR	100,000		89,931
Sunnova Energy Corp.†		5.875%		9/1/2026	$	82,000		72,288
Sweihan PV Power Co. PJSC (United Arab Emirates)†(a)		3.625%		1/31/2049		198,642		152,060
TerraForm Power Operating LLC†		4.75%		1/15/2030		80,000		72,085
Topaz Solar Farms LLC†		5.75%		9/30/2039		66,392		63,229
Vestas Wind Systems Finance BV(b)		2.00%		6/15/2034	EUR	100,000		80,102
Total								1,001,683
Environmental Control 1.96%
Derichebourg SA(b)		2.25%		7/15/2028	EUR	100,000		83,376
FCC Servicios Medio Ambiente Holding SAU(b)		1.661%		12/4/2026	EUR	100,000		88,535

4 See Notes to Schedule of Investments.

Schedule of Investments (unaudited)(continued)

CLIMATE FOCUSED BOND FUND October 31, 2022

Investments	Interest Rate	Maturity Date	Principal Amount		Fair Value
Environmental Control (continued)
Madison IAQ LLC†	5.875%	6/30/2029	$	58,000	$	39,890
Paprec Holding SA†(b)	3.50%	7/1/2028	EUR	100,000		79,270
Seche Environnement SA(b)	2.25%	11/15/2028	EUR	100,000		80,845
Total						371,916
Food 0.39%
Kerry Group Financial Services Unltd Co.(b)	0.875%	12/1/2031	EUR	100,000		74,738
Forest Products & Paper 0.19%
Suzano Austria GmbH (Brazil)(a)	3.125%	1/15/2032	$	49,000		36,251
Health Care-Services 0.49%
Kaiser Foundation Hospitals	3.15%	5/1/2027		67,000		61,571
Seattle Children’s Hospital	2.719%	10/1/2050		55,000		32,372
Total						93,943
Insurance 0.47%
PartnerRe Ireland Finance DAC(b)	1.25%	9/15/2026	EUR	100,000		89,688
Investment Companies 0.37%
CBRE Global Investors Open-Ended Fund SCA SICAV-SIF Pan European Core Fund(b)	0.90%	10/12/2029	EUR	100,000		69,793
Machinery-Diversified 0.77%
Mueller Water Products, Inc.†	4.00%	6/15/2029	$	66,000		57,325
nVent Finance Sarl (Luxembourg)(a)	2.75%	11/15/2031		67,000		49,320
Xylem Inc/NY	2.25%	1/30/2031		50,000		39,369
Total						146,014
Metal Fabricate-Hardware 0.44%
Advanced Drainage Systems, Inc.†	5.00%	9/30/2027		75,000		69,658
Advanced Drainage Systems, Inc.†	6.375%	6/15/2030		15,000		14,517
Total						84,175
Mining 0.43%
Novelis Sheet Ingot GmbH†(b)	3.375%	4/15/2029	EUR	100,000		81,210
Miscellaneous Manufacturing 1.34%
Alstom SA(b)	0.25%	10/14/2026	EUR	100,000		86,727
Eaton Corp.	4.15%	3/15/2033	$	62,000		55,062
Pentair Finance Sarl (Luxembourg)(a)	4.50%	7/1/2029		35,000		31,042
Wabtec Transportation Netherlands BV(b)	1.25%	12/3/2027	EUR	100,000		81,099
Total						253,930

See Notes to Schedule of Investments. 5

Schedule of Investments (unaudited)(continued)

CLIMATE FOCUSED BOND FUND October 31, 2022

Investments	Interest Rate		Maturity Date	Principal Amount		Fair Value
Multi-National 8.67%
Asian Development Bank(b)	2.45%		1/17/2024	AUD	105,000	$	65,991
Asian Development Bank (Philippines)(a)	3.125%		9/26/2028	$	135,000		126,061
Asian Infrastructure Investment Bank (The) (China)(a)	0.50%		5/28/2025		150,000		134,770
European Bank for Reconstruction & Development (United Kingdom)(a)	1.625%		9/27/2024		230,000		217,584
European Investment Bank (Luxembourg)(a)	2.125%		4/13/2026		200,000		185,135
Inter-American Development Bank	3.338% (SOFR + .28%	)#	4/12/2027		200,000		200,096
Inter-American Investment Corp.	2.625%		4/22/2025		75,000		71,425
International Bank for Reconstruction & Development	3.019% (SOFR Index + .29%	)#	11/22/2028		220,000		218,097
International Bank for Reconstruction & Development	3.109% (SOFR Index + .18%	)#	6/15/2026		100,000		99,370
International Finance Corp.	3.14% (SOFR Index + .09%	)#	6/30/2023		50,000		49,983
International Finance Corp.	3.141% (SOFR + .09%	)#	4/3/2024		230,000		229,967
Nordic Investment Bank(b)	0.125%		6/10/2024	EUR	50,000		47,459
Total							1,645,938
Municipal 1.12%
Transport for London(b)	2.125%		4/24/2025	GBP	200,000		213,136
Packaging & Containers 0.49%
OI European Group BV(b)	2.875%		2/15/2025	EUR	100,000		93,165
Pharmaceuticals 0.59%
Eli Lilly & Co.(b)	0.50%		9/14/2033	EUR	100,000		73,831
Pfizer, Inc.	2.625%		4/1/2030	$	45,000		38,461
Total							112,292
Real Estate 0.90%
Blackstone Property Partners Europe Holdings Sarl(b)	1.625%		4/20/2030	EUR	100,000		69,402
Canary Wharf Group Investment Holdings plc†(b)	2.625%		4/23/2025	GBP	100,000		100,624
Total							170,026
REITS 2.00%
Digital Dutch Finco BV(b)	1.00%		1/15/2032	EUR	100,000		66,416
Equinix, Inc.(b)	1.00%		3/15/2033	EUR	100,000		69,150

6 See Notes to Schedule of Investments.

Schedule of Investments (unaudited)(continued)

CLIMATE FOCUSED BOND FUND October 31, 2022

Investments	Interest Rate	Maturity Date	Principal Amount		Fair Value
REITS (continued)
Equinix, Inc.	1.55%	3/15/2028	$	50,000	$	39,916
Goodman U.S. Finance Five LLC†	4.625%	5/4/2032		28,000		25,047
HAT Holdings I LLC/HAT Holdings II LLC†	3.75%	9/15/2030		96,000		66,386
Kilroy Realty LP	4.75%	12/15/2028		45,000		40,463
Piedmont Operating Partnership LP	3.15%	8/15/2030		40,000		30,247
Weyerhaeuser Co.	6.875%	12/15/2033		40,000		41,578
Total						379,203
Retail 0.51%
Walmart, Inc.	1.80%	9/22/2031		122,000		96,600
Semiconductors 0.71%
Analog Devices, Inc.	2.95%	4/1/2025		63,000		60,301
Micron Technology, Inc.	2.703%	4/15/2032		34,000		24,950
NXP BV/NXP Funding LLC/NXP USA, Inc. (Netherlands)(a)	3.40%	5/1/2030		60,000		49,866
Total						135,117
Software 0.19%
Fiserv, Inc.	3.20%	7/1/2026		40,000		36,731
Sovereign 1.20%
European Union(b)	1.25%	2/4/2043	EUR	330,000		228,219
Telecommunications 2.18%
NTT Finance Corp. (Japan)†(a)	4.372%	7/27/2027	$	200,000		192,000
Swisscom Finance BV(b)	0.375%	11/14/2028	EUR	100,000		83,274
Verizon Communications, Inc.	3.875%	2/8/2029	$	55,000		50,038
Vmed O2 UK Financing I plc†(b)	4.50%	7/15/2031	GBP	100,000		89,502
Total						414,814
Transportation 2.74%
Central Japan Railway Co. (Japan)(a)	2.20%	10/2/2024	$	200,000		188,561
Ferrovie dello Stato Italiane SpA(b)	0.375%	3/25/2028	EUR	100,000		79,416
Getlink SE(b)	3.50%	10/30/2025	EUR	100,000		94,525
Hamburger Hochbahn AG(b)	0.125%	2/24/2031	EUR	100,000		77,023
Ile-de-France Mobilites(b)	0.40%	5/28/2031	EUR	100,000		80,769
Total						520,294
Water 3.21%
Aegea Finance Sarl (Luxembourg)†(a)	6.75%	5/20/2029	$	200,000		184,400
American Water Capital Corp.	2.80%	5/1/2030		75,000		62,651

See Notes to Schedule of Investments. 7

Schedule of Investments (unaudited)(continued)

CLIMATE FOCUSED BOND FUND October 31, 2022

Investments	Interest Rate		Maturity Date	Principal Amount		Fair Value
Water (continued)
Bazalgette Finance plc(b)	2.75%		3/10/2034	GBP	100,000	$	88,508
Canal de Isabel II Gestion SA(b)	1.68%		2/26/2025	EUR	100,000		94,193
Essential Utilities, Inc.	2.40%		5/1/2031	$	60,000		46,624
Suez SACA(b)	2.875%		5/24/2034	EUR	100,000		81,011
United Utilities plc (United Kingdom)(a)	6.875%		8/15/2028	$	50,000		51,528
Total							608,915
Total Corporate Bonds (cost $15,464,645)							12,767,791
FLOATING RATE LOANS(c) 1.76%
Building & Construction 0.17%
Refficiency Holdings LLC 2021 Delayed Draw Term Loan(d)	3.75% - 7.50% (1 Mo. LIBOR + 3.75%	)#	12/16/2027		3,191		3,067
Refficiency Holdings LLC 2021 Term Loan	7.504% (1 Mo. LIBOR + 3.75%	)#	12/16/2027		16,307		15,675
Thermostat Purchaser III, Inc. Term Loan	7.57% (3 Mo. LIBOR + 4.50%	)#	8/31/2028		13,862		13,030
Total							31,772
Building Materials 0.09%
Zurn Holdings, Inc. 2021 Term Loan B	5.754% (1 Mo. LIBOR + 2.00%	)#	10/4/2028		16,912		16,793
Electric: Generation 0.30%
ExGen Renewables IV, LLC 2020 Term Loan	5.57% (3 Mo. LIBOR + 2.50%	)#	12/15/2027		29,519		29,295
TerraForm Power Operating, LLC 2022 Term Loan B	6.403% (3 Mo. SOFR + 2.75%	)#	5/21/2029		27,920		27,804
Total							57,099
Environmental 0.43%
Bingo Industries Ltd. Term Loan (Australia)(a)	7.174% (3 Mo. LIBOR + 3.50%	)#	7/14/2028		29,700		26,507
Denali Water Solutions Term Loan B	7.924% (3 Mo. LIBOR + 4.25%	)#	3/27/2028		36,320		30,146	(e)
EWT Holdings III Corp. 2021 Term Loan	6.313% (1 Mo. LIBOR + 2.50%	)#	4/1/2028		24,501		24,205
Total							80,858

8 See Notes to Schedule of Investments.

Schedule of Investments (unaudited)(continued)

CLIMATE FOCUSED BOND FUND October 31, 2022

Investments	Interest Rate		Maturity Date	Principal Amount		Fair Value
Integrated Energy 0.10%
Esdec Solar Group B.V. Term Loan B (Netherlands)(a)	8.92% (6 Mo. LIBOR + 4.75%	)#	8/30/2028	$	19,616	$	18,734
Machinery 0.26%
Array Technologies, Inc. Term Loan B	6.208% (3 Mo. LIBOR + 3.25%	)#	10/14/2027		53,161		50,237
Personal & Household Products 0.18%
AI Aqua Merger Sub, Inc. 2021 1st Lien Term Loan B	–	#(f)	7/31/2028		37,406		34,889
Support: Services 0.23%
Element Materials Technology Group US Holdings, Inc. 2022 USD Delayed Draw Term Loan(d)	–	(f)	7/6/2029		14,385		13,981
Element Materials Technology Group US Holdings, Inc. 2022 USD Term Loan	–	(f)	7/6/2029		31,167		30,290
Total							44,271
Total Floating Rate Loans (cost $352,319)							334,653
FOREIGN GOVERNMENT OBLIGATIONS 18.19%
Canada 0.86%
Province of Ontario Canada(b)	1.55%		11/1/2029	CAD	89,000		55,882
Province of Quebec Canada(b)	1.85%		2/13/2027	CAD	158,000		106,943
Total							162,825
Finland 0.46%
Nordic Investment Bank(b)	Zero Coupon		4/30/2027	EUR	100,000		87,545
France 1.41%
Action Logement Services(b)	0.50%		10/30/2034	EUR	200,000		143,950
French Republic Government Bond OAT†(b)	0.50%		6/25/2044	EUR	95,000		57,164
Societe Du Grand Paris EPIC(b)	0.30%		9/2/2036	EUR	100,000		65,872
Total							266,986
Germany 4.32%
Bundesrepublik Deutschland Bundesanleihe(b)	Zero Coupon		8/15/2030	EUR	394,000		332,900
Bundesrepublik Deutschland Bundesanleihe(b)	Zero Coupon		8/15/2031	EUR	370,000		305,400
Bundesrepublik Deutschland Bundesanleihe(b)	Zero Coupon		8/15/2050	EUR	242,258		132,621
Bundesrepublik Deutschland Bundesanleihe(b)	Zero Coupon		8/15/2052	EUR	93,000		48,876
Total							819,797

See Notes to Schedule of Investments. 9

Schedule of Investments (unaudited)(continued)

CLIMATE FOCUSED BOND FUND October 31, 2022

Investments	Interest Rate	Maturity Date	Principal Amount		Fair Value
Italy 0.14%
Italy Buoni Poliennali Del Tesoro†(b)	1.50%	4/30/2045	EUR	45,000	$	26,529
Japan 1.82%
Japan Bank for International Cooperation (Japan)(a)	1.625%	1/20/2027	$	200,000		176,332
Japan Finance Organization for Municipalities(b)	0.01%	2/2/2028	EUR	200,000		168,632
Total						344,964
Luxembourg 0.50%
European Investment Bank(b)	2.25%	3/15/2030	EUR	100,000		95,297
Netherlands 1.86%
Nederlandse Financierings-Maatschappij voor Ontwikkelingslanden NV(b)	3.00%	10/25/2027	EUR	200,000		197,719
Nederlandse Waterschapsbank NV (Netherlands)(a)	1.00%	5/28/2030	$	200,000		156,495
Total						354,214
Norway 1.00%
Kommunalbanken AS (Norway)(a)	2.125%	2/11/2025		200,000		189,343
South Korea 2.02%
Industrial Bank of Korea (South Korea)†(a)	0.625%	9/17/2024		200,000		184,142
Korea Water Resources Corp. (South Korea)(a)	3.875%	5/15/2023		200,000		198,869
Total						383,011
Spain 0.97%
Adif Alta Velocidad(b)	0.55%	4/30/2030	EUR	100,000		81,524
Autonomous Community of Madrid Spain(b)	0.419%	4/30/2030	EUR	75,000		60,963
Spain Government Bond†(b)	1.00%	7/30/2042	EUR	66,000		42,031
Total						184,518
Sweden 2.83%
Kommuninvest I Sverige AB (Sweden)(a)	0.375%	6/19/2024	$	200,000		186,442
Kommuninvest I Sverige AB (Sweden)†(a)	1.625%	4/24/2023		200,000		197,101
Sweden Government International Bond†(b)	0.125%	9/9/2030	SEK	1,000,000		76,996
Sweden Government International Bond(b)	0.125%	9/9/2030	SEK	1,000,000		76,996
Total						537,535
Total Foreign Government Obligations (cost $4,230,803)						3,452,564

10 See Notes to Schedule of Investments.

Schedule of Investments (unaudited)(continued)

CLIMATE FOCUSED BOND FUND October 31, 2022

Investments		Interest Rate		Maturity Date	Principal Amount		Fair Value
MUNICIPAL BONDS 2.73%
Government Guaranteed 0.07%
Metropolitan Government of Nashville & Davidson County Water & Sewer Revenue		2.611%		7/1/2036	$	20,000	$	14,386
Revenue - Utilities - Other 0.21%
City of Corpus Christi TX Utility System Revenue		1.966%		7/15/2030		50,000		39,328
Sales Tax 0.30%
Dallas Area Rapid Transit A		2.534%		12/1/2036		80,000		56,461
Tax Revenue 0.09%
Regional Transportation District Sales Tax Revenue		2.337%		11/1/2036		25,000		17,161
Taxable Revenue - Water & Sewer 1.86%
City of Aurora CO Water Revenue		2.348%		8/1/2036		30,000		21,439
City of Dallas TX Waterworks & Sewer System Revenue		2.772%		10/1/2040		75,000		50,175
City of Los Angeles CA Wastewater System Revenue		5.713%		6/1/2039		50,000		50,791
City of Philadelphia PA Water & Wastewater Revenue		1.734%		11/1/2028		40,000		33,108
City of San Francisco CA Public Utilities Commission Water Revenue		6.00%		11/1/2040		100,000		103,162
New York City Municipal Water Finance Authority		5.75%		6/15/2041		50,000		51,242
San Diego County Water Authority		1.951%		5/1/2034		60,000		42,560
Total								352,477
Transportation 0.20%
Metropolitan Transportation Authority		5.175%		11/15/2049		45,000		37,817
Total Municipal Bonds (cost $712,729)								517,630
NON-AGENCY COMMERCIAL MORTGAGE-BACKED SECURITIES 1.22%
JPMorgan Chase Commercial Mortgage Securities Trust 2021-1440 B†	5.162% (1 Mo. LIBOR + 1.75%		)#	3/15/2036		110,000		105,549
NYO Commercial Mortgage Trust 2021-1290 A†	4.508% (1 Mo. LIBOR + 1.10%		)#	11/15/2038		50,000		46,521
One Bryant Park Trust 2019-OBP A†		2.516%		9/15/2054		100,000		79,900
Total Non-Agency Commercial Mortgage-Backed Securities (cost $261,869)								231,970

See Notes to Schedule of Investments. 11

Schedule of Investments (unaudited)(continued)

CLIMATE FOCUSED BOND FUND October 31, 2022

Investments	Interest Rate	Maturity Date	Principal Amount		Fair Value
U.S. TREASURY OBLIGATIONS 1.46%
U.S. Treasury Bond	2.875%	5/15/2052	$	60,000	$	46,585
U.S. Treasury Note	2.75%	8/15/2032		257,000		230,015
Total U.S. Treasury Obligations (cost $306,211)						276,600
Total Long-Term Investments (cost $21,706,486)						17,892,970
SHORT-TERM INVESTMENTS 4.53%
Repurchase Agreements 4.53%
Repurchase Agreement dated 10/31/2022, 1.300% due 11/1/2022 with Fixed Income Clearing Corp. collateralized by $898,900 of U.S. Treasury Note at 3.00% due 6/30/2024; value: $876,603; proceeds: $859,408 (cost $859,377)				859,377		859,377
Total Investments in Securities 98.79% (cost $22,565,863)						18,752,347
Less Unfunded Loan Commitments (0.08%) (cost $15,453)						(15,029	)
Net Investments in Securities 98.71% (cost $22,550,410)						18,737,318
Other Assets and Liabilities – Net(g) 1.29%						244,682
Net Assets 100.00%					$	18,982,000

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.
LIBOR	London Interbank Offered Rate.
REITS	Real Estate Investment Trusts.
SOFR	Secured Overnight 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, 2022, the total value of Rule 144A securities was $4,750,639, which represents 25.03% of net assets.
#	Variable rate security. The interest rate represents the rate in effect at October 31, 2022.
(a)	Foreign security traded in U.S. dollars.
(b)	Investment in non-U.S. dollar denominated securities.
(c)	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, 2022.
(d)	Security partially/fully unfunded.
(e)	Level 3 Investment as described in Note 2(b) in the Notes to Schedule of Investments. 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.
(f)	Interest Rate to be determined.
(g)	Other Assets and Liabilities – Net include net unrealized appreciation/depreciation on forward foreign currency exchange contracts and futures contracts as follows:

12 See Notes to Schedule of Investments.

Schedule of Investments (unaudited)(continued)

CLIMATE FOCUSED BOND FUND October 31, 2022

Forward Foreign Currency Exchange Contracts at October 31, 2022:

Forward Foreign Currency Exchange Contracts	Transaction Type	Counterparty	Expiration Date	Foreign Currency	U.S. $ Cost on Origination Date		U.S. $ Current Value			Unrealized Appreciation
British pound	Buy	Goldman Sachs	12/8/2022	12,000	$	13,684		$	13,777		$	93
British pound	Buy	Morgan Stanley	12/8/2022	14,000		15,311			16,073			762
British pound	Buy	Morgan Stanley	12/8/2022	174,000		186,199			199,763			13,564
British pound	Buy	Morgan Stanley	12/8/2022	9,000		9,664			10,333			669
British pound	Buy	Morgan Stanley	12/8/2022	38,000		40,929			43,626			2,697
Euro	Buy	Bank of America	12/12/2022	24,000		23,623			23,793			170
Euro	Buy	Goldman Sachs	12/12/2022	80,000		77,237			79,310			2,073
Euro	Buy	Morgan Stanley	12/12/2022	86,000		83,339			85,258			1,919
Euro	Buy	Morgan Stanley	12/12/2022	173,000		168,692			171,507			2,815
Euro	Buy	State Street Bank and Trust	12/12/2022	136,000		131,440			134,826			3,386
Australian dollar	Sell	Toronto Dominion Bank	11/25/2022	104,000		71,867			66,567			5,300
British pound	Sell	Morgan Stanley	12/8/2022	756,000		871,797			867,934			3,863
British pound	Sell	Morgan Stanley	12/8/2022	16,000		18,552			18,369			183
Euro	Sell	Morgan Stanley	12/12/2022	88,000		88,918			87,241			1,677
Euro	Sell	Morgan Stanley	12/12/2022	189,000		190,853			187,369			3,484
Euro	Sell	State Street Bank and Trust	12/12/2022	5,260,000		5,289,719			5,214,614			75,105
Euro	Sell	State Street Bank and Trust	12/12/2022	73,000		73,284			72,370			914
Total Unrealized Appreciation on Forward Foreign Currency Exchange Contracts											$	118,674
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	Buy	Morgan Stanley	12/12/2022	89,000		$  88,359			$  88,232		$	(127	)
Euro	Buy	Toronto Dominion Bank	12/12/2022	71,000		71,436			70,387			(1,049	)
Canadian dollar	Sell	Toronto Dominion Bank	1/20/2023	223,000		162,036			163,866			(1,830	)
Euro	Sell	Morgan Stanley	12/12/2022	132,000		130,256			130,861			(605	)
Euro	Sell	Morgan Stanley	12/12/2022	456,000		448,308			452,065			(3,757	)
Euro	Sell	Morgan Stanley	12/12/2022	38,000		37,658			37,672			(14	)
Euro	Sell	State Street Bank and Trust	12/12/2022	69,000		67,782			68,405			(623	)
Euro	Sell	State Street Bank and Trust	12/12/2022	64,000		63,412			63,448			(36	)
Swedish krona	Sell	Bank of America	1/23/2023	3,656,000		327,971			333,401			(5,430	)
Total Unrealized Depreciation on Forward Foreign Currency Exchange Contracts											$	(13,471	)

Futures Contracts at October 31, 2022:

Type	Expiration	Contracts	Position	Notional Amount			Notional Value			Unrealized Appreciation
U.S. 10-Year Ultra Treasury Note	December 2022	7	Short	$	(883,855	)	$	(811,891	)		$	71,964
U.S. 5-Year Treasury Note	December 2022	14	Short		(1,551,372	)		(1,492,312	)			59,060
U.S. Long Bond	December 2022	1	Short		(136,436	)		(120,500	)			15,936
Total Unrealized Appreciation on Futures Contracts											$	146,960

See Notes to Schedule of Investments. 13

Schedule of Investments (unaudited)(concluded)

CLIMATE FOCUSED BOND FUND October 31, 2022

Type	Expiration	Contracts	Position	Notional Amount		Notional Value		Unrealized Depreciation
Euro-Bobl	December 2022	2	Long	EUR	244,672	EUR	236,528		$	(5,815	)
Euro-Bund	December 2022	2	Long		288,673		273,627			(12,298	)
Euro-Buxl	December 2022	2	Long		318,605		285,051			(30,521	)
U.S. Ultra Treasury Bond	December 2022	3	Long	$	449,429	$	382,969			(66,460	)
Total Unrealized Depreciation on Futures Contracts									$	(115,094	)

The following is a summary of the inputs used as of October 31, 2022 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	$	–		$	167,862		$	–	$	167,862
Convertible Bonds		–			143,900			–		143,900
Corporate Bonds		–			12,767,791			–		12,767,791
Floating Rate Loans
Environmental		–			50,712			30,146		80,858
Remaining Industries		–			253,795			–		253,795
Less Unfunded Commitments		–			(15,029	)		–		(15,029	)
Foreign Government Obligations		–			3,452,564			–		3,452,564
Municipal Bonds		–			517,630			–		517,630
Non-Agency Commercial Mortgage-Backed Securities		–			231,970			–		231,970
U.S. Treasury Obligations		–			276,600			–		276,600
Short-Term Investments
Repurchase Agreements		–			859,377			–		859,377
Total	$	–		$	18,707,172		$	30,146	$	18,737,318
Other Financial Instruments
Forward Foreign Currency Exchange Contracts
Assets	$	–		$	118,674		$	–	$	118,674
Liabilities		–			(13,471	)		–		(13,471	)
Futures Contracts
Assets		146,960			–			–		146,960
Liabilities		(115,094	)		–			–		(115,094	)
Total	$	31,866		$	105,203		$	–	$	137,069

(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.

14 See Notes to Schedule of Investments.

Schedule of Investments (unaudited)

EMERGING MARKETS EQUITY FUND October 31, 2022

Investments	Shares			U.S. $ Fair Value
LONG-TERM INVESTMENTS 93.26%
COMMON STOCKS 92.20%
Australia 1.32%
Metals & Mining			��
BHP Group Ltd.		2,207		$	53,013
Brazil 4.94%
Health Care Providers & Services 0.92%
Hapvida Participacoes e Investimentos SA†		24,564			37,092
Insurance 2.29%
BB Seguridade Participacoes SA		16,018			92,067
Internet & Direct Marketing Retail 0.79%
MercadoLibre, Inc.*		35			31,557
Oil, Gas & Consumable Fuels 0.94%
Petroleo Brasileiro SA ADR		2,936			37,640
Total Brazil					198,356
Canada 0.31%
Metals & Mining
Capstone Copper Corp.*		5,398			12,521
China 17.62%
Automobiles 1.45%
BYD Co. Ltd. Class H		2,594			58,114
Banks 2.06%
China Construction Bank Corp. Class H		87,867			46,630
Industrial & Commercial Bank of China Ltd. Class H		82,848			35,970
					82,600
Beverages 0.92%
Kweichow Moutai Co. Ltd. Class A		200			37,071
Electrical Equipment 0.80%
Contemporary Amperex Technology Co. Ltd. Class A		626			32,126

Investments	Shares		U.S. $ Fair Value
China (continued)
Electronic Equipment, Instruments & Components 0.43%
Sunny Optical Technology Group Co. Ltd.		1,981	$	17,167
Entertainment 0.68%
NetEase, Inc.		2,455		27,239
Food & Staples Retailing 0.27%
China Tourism Group Duty Free Corp. Ltd. Class A		500		10,987
Gas Utilities 0.52%
ENN Energy Holdings Ltd.		2,116		21,037
Hotels, Restaurants & Leisure 0.29%
Yum China Holdings, Inc.		291		11,779
Interactive Media & Services 3.33%
Tencent Holdings Ltd.		5,088		133,696
Internet & Direct Marketing Retail 5.27%
Alibaba Group Holding Ltd.*		10,887		84,646
JD.com, Inc. Class A		2,357		42,922
Kanzhun Ltd. ADR*		892		9,750
Kuaishou Technology†*		1,300		5,369
Meituan Class B†*		3,166		50,689
Pinduoduo, Inc. ADR*		333		18,258
				211,634
Life Sciences Tools & Services 0.33%
WuXi AppTec Co. Ltd. Class H†		636		5,105
Wuxi Biologics Cayman, Inc.†*		1,840		8,279
				13,384
Real Estate Management & Development 0.57%
ESR Group Ltd.†		13,292		22,667
Textiles, Apparel & Luxury Goods 0.70%
ANTA Sports Products Ltd.		3,179		27,949
Total China				707,450
France 1.45%
Textiles, Apparel & Luxury Goods
LVMH Moet Hennessy Louis Vuitton SE		92		58,052

See Notes to Schedule of Investments. 15

Schedule of Investments (unaudited)(continued)

EMERGING MARKETS EQUITY FUND October 31, 2022

Investments	Shares		U.S. $ Fair Value
Germany 0.95%
Semiconductors & Semiconductor Equipment
Infineon Technologies AG		1,578	$	38,291
Hong Kong 0.96%
Insurance
AIA Group Ltd.		5,095		38,594
India 22.35%
Auto Components 0.52%
Mahindra & Mahindra Ltd.		1,278		20,858
Automobiles 1.73%
Maruti Suzuki India Ltd.		603		69,520
Banks 5.05%
Axis Bank Ltd.		9,064		99,400
Federal Bank Ltd.		28,812		45,821
ICICI Bank Ltd. ADR		2,604		57,393
				202,614
Beverages 0.88%
United Spirits Ltd.*		3,263		35,350
Chemicals 0.97%
Asian Paints Ltd.		1,033		38,885
Electrical Equipment 0.79%
KPIT Technologies Ltd.		3,682		31,585
Health Care Providers & Services 1.14%
Apollo Hospitals Enterprise Ltd. 837				45,704
Hotels, Restaurants & Leisure 0.73%
Jubilant Foodworks Ltd.		3,996		29,478
Information Technology Services 1.80%
Infosys Ltd. ADR		3,859		72,279
Insurance 1.22%
ICICI Prudential Life Insurance Co. Ltd.†		8,006		49,167
Life Sciences Tools & Services 0.50%
Divi’s Laboratories Ltd.		456		19,891
Oil, Gas & Consumable Fuels 2.20%
Reliance Industries Ltd.		2,867		88,466
Personal Products 1.47%
Hindustan Unilever Ltd.		1,908		58,869

Investments	Shares		U.S. $ Fair Value
India (continued)
Pharmaceuticals 1.06%
Torrent Pharmaceuticals Ltd.		2,129	$	42,480
Real Estate Management & Development 0.62%
Phoenix Mills Ltd. (The)		1,449		25,004
Wireless Telecommunication Services 1.67%
Bharti Airtel Ltd.		6,677		67,149
Total India				897,299
Indonesia 4.76%
Banks 1.53%
Bank Mandiri Persero Tbk PT		90,761		61,314
Diversified Telecommunication Services 1.28%
Telkom Indonesia Persero Tbk PT		183,039		51,406
Household Products 0.64%
Unilever Indonesia Tbk PT		86,170		25,636
Real Estate Management & Development 0.57%
Pakuwon Jati Tbk PT		816,656		22,945
Specialty Retail 0.74%
Mitra Adiperkasa Tbk PT*		387,396		29,929
Total Indonesia				191,230
Macau 0.78%
Hotels, Restaurants & Leisure
Galaxy Entertainment Group Ltd.		6,815		31,135
Mexico 6.80%
Banks 2.12%
Grupo Financiero Banorte SAB de CV Class O		10,482		85,203
Consumer Finance 0.77%
Gentera SAB de CV		29,933		30,759
Food & Staples Retailing 1.49%
Wal-Mart de Mexico SAB de CV		15,494		59,847

16 See Notes to Schedule of Investments.

Schedule of Investments (unaudited)(continued)

EMERGING MARKETS EQUITY FUND October 31, 2022

Investments	Shares		U.S. $ Fair Value
Mexico (continued)
Transportation Infrastructure 2.42%
Grupo Aeroportuario del Pacifico SAB de CV Class B		6,287	$	97,385
Total Mexico				273,194
Netherlands 2.64%
Oil, Gas & Consumable Fuels
Shell plc		3,819		105,792
Peru 1.95%
Banks
Credicorp Ltd.		287		42,005
Intercorp Financial Services, Inc.		1,481		36,433
				78,438
Singapore 2.36%
Banks
United Overseas Bank Ltd.		4,825		94,661
South Africa 2.07%
Banks 0.84%
Absa Group Ltd.		3,120		33,881
Food & Staples Retailing 0.58%
Clicks Group Ltd.		1,385		23,468
Metals & Mining 0.65%
Anglo American plc		345		10,334
Sibanye Stillwater Ltd.		6,662		15,604
				25,938
Total South Africa				83,287
South Korea 11.84%
Aerospace & Defense 1.12%
LIG Nex1 Co. Ltd.		628		44,773
Chemicals 1.63%
LG Chem Ltd.		149		65,387
Electrical Equipment 1.17%
LG Energy Solution Ltd.*		127		46,992
Life Sciences Tools & Services 1.13%
Samsung Biologics Co. Ltd.†*		74		45,476
Semiconductors & Semiconductor Equipment 1.22%
SK Hynix, Inc.		848		49,092

Investments	Shares		U.S. $ Fair Value
South Korea (continued)
Technology Hardware, Storage & Peripherals 5.57%
Samsung Electronics Co. Ltd.		5,370	$	223,498
Total South Korea				475,218
Taiwan 7.12%
Electrical Equipment 0.30%
Voltronic Power Technology Corp. 300				12,163
Electronic Equipment, Instruments & Components 1.29%
Delta Electronics, Inc.		6,500		51,719
Semiconductors & Semiconductor Equipment 5.53%
Taiwan Semiconductor Manufacturing Co. Ltd.	ADR	158		9,725
Taiwan Semiconductor Manufacturing Co. Ltd.		17,637		212,036
				221,761
Total Taiwan				285,643
United Arab Emirates 1.98%
Banks
Abu Dhabi Commercial Bank PJSC		30,824		79,346
Total Common Stocks (cost $4,316,629)				3,701,520
PREFERRED STOCKS 1.06%
Brazil 1.06%
Banks
Banco Bradesco SA (cost $42,215)		11,019		42,365
Total Long-Term Investments 93.26% (cost $4,358,844)				3,743,885
Other Assets and Liabilities – Net 6.74%				270,620
Net Assets 100.00%			$	4,014,505

ADR	American Depositary Receipt.
†	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, 2022, the total value of Rule 144A securities was $223,844, which represents 5.58% of net assets.
*	Non-income producing security.

See Notes to Schedule of Investments. 17

Schedule of Investments (unaudited)(concluded)

EMERGING MARKETS EQUITY FUND October 31, 2022

The following is a summary of the inputs used as of October 31, 2022 in valuing the Fund’s investments carried at fair value⁽¹⁾:

Investment Type(2)	Level 1		Level 2		Level 3		Total
Long-Term Investments
Common Stocks
Brazil	$	198,356	$	–	$	–		$198,356
Canada		12,521		–		–		12,521
China		28,008		679,442		–		707,450
India		129,672		767,627		–		897,299
Indonesia		29,929		161,301		–		191,230
Mexico		273,194		–		–		273,194
Peru		78,438		–		–		78,438
South Africa		23,468		59,819		–		83,287
Taiwan		9,725		275,918		–		285,643
Remaining Countries		–		974,102		–		974,102
Preferred Stocks		42,365		–		–		42,365
Total	$	825,676	$	2,918,209	$	–	$	3,743,885

(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.

18 See Notes to Schedule of Investments.

Schedule of Investments (unaudited)

INTERNATIONAL GROWTH FUND October 31, 2022

Investments	Shares		U.S. $ Fair Value
LONG-TERM INVESTMENTS 92.42%
COMMON STOCKS 92.42%
Australia 1.80%
Metals & Mining 0.79%
BHP Group Ltd.		593	$	14,244
Software 1.01%
WiseTech Global Ltd.		487		18,011
Total Australia				32,255
Brazil 1.06%
Internet & Direct Marketing Retail
MercadoLibre, Inc.*		21		18,934
Canada 3.97%
Banks 0.63%
Royal Bank of Canada		122		11,288
Information Technology Services 0.60%
Shopify, Inc. Class A*		315		10,782
Insurance 0.83%
Intact Financial Corp.		98		14,891
Oil, Gas & Consumable Fuels 0.62%
Pembina Pipeline Corp.		338		11,160
Transportation Infrastructure 1.29%
Canadian Pacific Railway Ltd.		310		23,110
Total Canada				71,231
China 3.71%
Automobiles 0.79%
BYD Co. Ltd. Class H		635		14,226
Interactive Media & Services 1.68%
Tencent Holdings Ltd.		1,146		30,113
Internet & Direct Marketing Retail 1.24%
Alibaba Group Holding Ltd.*		1,134		8,817
JD.com, Inc. Class A		731		13,312
				22,129
Total China				66,468

Investments	Shares		U.S. $ Fair Value
Denmark 4.88%
Biotechnology 1.20%
Genmab A/S*		56	$	21,572
Pharmaceuticals 3.68%
Novo Nordisk A/S Class B		606		65,891
Total Denmark				87,463
Egypt 0.66%
Oil, Gas & Consumable Fuels
Energean PLC		720		11,816
France 14.27%
Aerospace & Defense 1.67%
Airbus SE		139		15,041
Thales SA		118		15,007
				30,048
Beverages 1.30%
Pernod Ricard SA		133		23,343
Chemicals 1.47%
Air Liquide SA		202		26,424
Information Technology Services 1.10%
Capgemini SE		120		19,667
Personal Products 1.84%
L’Oreal SA		105		32,970
Professional Services 1.05%
Teleperformance		70		18,755
Software 1.06%
Dassault Systemes SE		567		19,005
Textiles, Apparel & Luxury Goods 4.78%
Hermes International		19		24,593
LVMH Moet Hennessy Louis Vuitton SE		97		61,207
				85,800
Total France				256,012
Germany 2.45%
Chemicals 1.17%
Symrise AG		205		20,925

See Notes to Schedule of Investments. 19

Schedule of Investments (unaudited)(continued)

INTERNATIONAL GROWTH FUND October 31, 2022

Investments	Shares		U.S. $ Fair Value
Germany (continued)
Semiconductors & Semiconductor Equipment 1.28%
Aixtron SE		398	$	9,780
Infineon Technologies AG		546		13,249
				23,029
Total Germany				43,954
Hong Kong 1.21%
Insurance
AIA Group Ltd.		2,866		21,709
India 8.29%
Automobiles 0.87%
Maruti Suzuki India Ltd.		135		15,564
Banks 2.82%
Axis Bank Ltd.		1,509		16,548
ICICI Bank Ltd. ADR		1,545		34,052
				50,600
Chemicals 0.96%
Asian Paints Ltd.		458		17,241
Oil, Gas & Consumable Fuels 1.16%
Reliance Industries Ltd.		674		20,797
Personal Products 0.89%
Hindustan Unilever Ltd.		521		16,075
Wireless Telecommunication Services 1.59%
Bharti Airtel Ltd.		2,835		28,511
Total India				148,788
Indonesia 0.96%
Banks
Bank Rakyat Indonesia Persero Tbk PT		57,943		17,286
Ireland 0.53%
Banks
Bank of Ireland Group plc		1,311		9,440

Investments	Shares		U.S. $ Fair Value
Japan 11.96%
Building Products 0.69%
Daikin Industries Ltd.		83	$	12,432
Electrical Equipment 0.80%
Fuji Electric Co. Ltd.		372		14,383
Electronic Equipment, Instruments & Components 1.85%
Keyence Corp.		88		33,182
Health Care Equipment & Supplies 0.99%
Hoya Corp.		190		17,663
Household Durables 1.40%
Sony Group Corp.		371		25,018
Information Technology Services 0.84%
Obic Co. Ltd.		100		15,006
Machinery 0.61%
Ebara Corp.		339		11,015
Pharmaceuticals 2.31%
Daiichi Sankyo Co. Ltd.		1,295		41,454
Semiconductors & Semiconductor Equipment 0.57%
Lasertec Corp.		73		10,257
Specialty Retail 0.96%
Fast Retailing Co. Ltd.		31		17,272
Trading Companies & Distributors 0.94%
ITOCHU Corp.		654		16,902
Total Japan				214,584
Netherlands 3.57%
Information Technology Services 0.95%
Adyen NV†*		12		17,131
Semiconductors & Semiconductor Equipment 2.62%
ASML Holding NV		100		46,909
Total Netherlands				64,040
Norway 0.86%
Oil, Gas & Consumable Fuels
Equinor ASA		423		15,411

20 See Notes to Schedule of Investments.

Schedule of Investments (unaudited)(continued)

INTERNATIONAL GROWTH FUND October 31, 2022

Investments	Shares		U.S. $ Fair Value
Singapore 1.32%
Banks
DBS Group Holdings Ltd.		979	$	23,669
South Korea 1.27%
Electrical Equipment 0.50%
LG Energy Solution Ltd.*		24		8,880
Technology Hardware, Storage & Peripherals 0.77%
Samsung Electronics Co. Ltd.		334		13,901
Total South Korea				22,781
Spain 1.46%
Banks 0.65%
CaixaBank SA		3,523		11,683
Textiles, Apparel & Luxury Goods 0.81%
Industria de Diseno Textil SA		636		14,436
Total Spain				26,119
Sweden 3.85%
Building Products 0.87%
Nibe Industrier AB B Shares		1,956		15,603
Electronic Equipment, Instruments & Components 1.04%
Hexagon AB B Shares		1,897		18,754
Machinery 1.94%
Atlas Copco AB A Shares		1,987		21,208
Epiroc AB Class A		884		13,532
				34,740
Total Sweden				69,097
Switzerland 3.76%
Chemicals 1.06%
Sika AG Registered Shares		84		18,940
Health Care Equipment & Supplies 0.79%
Alcon, Inc.		234		14,247

Investments	Shares		U.S. $ Fair Value
Switzerland (continued)
Life Sciences Tools & Services 0.72%
Lonza Group AG Registered Shares		25	$	12,869
Textiles, Apparel & Luxury Goods 1.19%
Cie Financiere Richemont SA Class A		219		21,404
Total Switzerland				67,460
Taiwan 3.01%
Electrical Equipment 0.31%
Voltronic Power Technology Corp.		138		5,595
Semiconductors & Semiconductor Equipment 2.70%
Taiwan Semiconductor Manufacturing Co. Ltd. ADR		300		18,465
Taiwan Semiconductor Manufacturing Co. Ltd.		2,494		29,983
				48,448
Total Taiwan				54,043
United Kingdom 7.28%
Beverages 2.17%
Diageo plc		948		39,013
Capital Markets 0.97%
London Stock Exchange Group plc		201		17,423
Commercial Services & Supplies 0.96%
Rentokil Initial PLC		2,755		17,191
Communications Equipment 0.51%
Spirent Communications PLC		3,064		9,095
Personal Products 0.68%
Unilever plc		270		12,273
Pharmaceuticals 1.99%
AstraZeneca plc		304		35,669
Total United Kingdom				130,664

See Notes to Schedule of Investments. 21

Schedule of Investments (unaudited)(concluded)

INTERNATIONAL GROWTH FUND October 31, 2022

Investments	Shares		U.S. $ Fair Value
United States 10.29%
Electrical Equipment 2.19%
Schneider Electric SE		311	$	39,328
Food Products 2.94%
Nestle SA Registered Shares		484		52,688
Information Technology Services 0.74%
EPAM Systems, Inc.*		38		13,300
Pharmaceuticals 2.93%
Eli Lilly & Co.		45		16,294
Roche Holding AG		109		36,166
				52,460
Software 0.70%
Atlassian Corp. Class A		62		12,569

Investments	Shares		U.S. $ Fair Value
United States (continued)
Textiles, Apparel & Luxury Goods 0.79%
Lululemon Athletica, Inc.*		43	$	14,149
Total United States				184,494
Total Investments in Securities 92.42% (cost $1,935,489)				1,657,718
Other Assets and Liabilities – Net 7.58%				135,874
Net Assets 100.00%			$	1,793,592

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, 2022, the total value of Rule 144A securities was $17,131, which represents 0.96% of net assets.

The following is a summary of the inputs used as of October 31, 2022 in valuing the Fund’s investments carried at fair value⁽¹⁾:

Investment Type(2)	Level 1		Level 2		Level 3		Total
Long-Term Investments
Common Stocks
Brazil	$	18,934	$	–	$	–	$	18,934
Canada		71,231		–		–		71,231
Egypt		11,816		–		–		11,816
India		34,052		114,736		–		148,788
Taiwan		18,465		35,578		–		54,043
United States		56,312		128,182		–		184,494
Remaining Countries		–		1,168,412		–		1,168,412
Total	$	210,810	$	1,446,908	$	–	$	1,657,718

(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.

22 See Notes to Schedule of Investments.

Schedule of Investments (unaudited)

SHORT DURATION HIGH YIELD FUND October 31, 2022

Investments	Interest Rate		Maturity Date	Principal Amount		Fair Value
LONG-TERM INVESTMENTS 87.67%
ASSET-BACKED SECURITIES 3.20%
Other
Bain Capital Credit CLO Ltd. 2020-5A B1	5.793% (3 Mo. LIBOR + 1.55%	)#	1/20/2032	$	250,000	$	236,442
Barings CLO Ltd. 2019-3A BR†	5.843% (3 Mo. LIBOR + 1.60%	)#	4/20/2031		250,000		237,352
Burnham Park CLO Ltd. BR†	5.743% (3 Mo. LIBOR + 1.50%	)#	10/20/2029		250,000		236,439
Carlyle US CLO Ltd. 2019-3A CR†	7.443% (3 Mo. LIBOR + 3.20%	)#	10/20/2032		250,000		222,273
CIFC Funding Ltd. 2011-4A B†	5.659% (3 Mo. LIBOR + 1.58%	)#	7/15/2033		250,000		236,871
CIFC Funding Ltd. 2013-4A DRR†	7.158% (3 Mo. LIBOR + 2.80%	)#	4/27/2031		250,000		214,789
Harbor Park CLO Ltd. 2018-1A B1†	5.943% (3 Mo. LIBOR + 1.70%	)#	1/20/2031		250,000		236,408
Niagara Park Clo Ltd. 2019-1A BR†	5.679% (3 Mo. LIBOR + 1.60%	)#	7/17/2032		250,000		235,802
Total Asset-Backed Securities (cost $1,913,012)							1,856,376
CONVERTIBLE BONDS 0.75%
Biotechnology 0.15%
Apellis Pharmaceuticals, Inc.	3.50%		9/15/2026		29,000		51,258
Guardant Health, Inc.	Zero Coupon		11/15/2027		50,000		35,595
Total							86,853
Computers 0.07%
Parsons Corp.	0.25%		8/15/2025		37,000		42,550
Internet 0.06%
World Wrestling Entertainment, Inc.	3.375%		12/15/2023		10,000		31,780
Media 0.08%
Liberty Media Corp.-Liberty Formula One†	2.25%		8/15/2027		52,000		48,074
Oil & Gas 0.17%
Pioneer Natural Resources Co.	0.25%		5/15/2025		38,000		97,679
REITS 0.22%
Starwood Property Trust, Inc.	4.375%		4/1/2023		125,000		124,687
Total Convertible Bonds (cost $433,445)							431,623

See Notes to Schedule of Investments. 23

Schedule of Investments (unaudited)(continued)

SHORT DURATION HIGH YIELD FUND October 31, 2022

Investments	Interest Rate	Maturity Date	Principal Amount		Fair Value
CORPORATE BONDS 77.80%
Advertising 0.03%
National CineMedia LLC†	5.875%	4/15/2028	$	40,000	$	16,136
Aerospace/Defense 3.11%
Bombardier, Inc. (Canada)†(a)	6.00%	2/15/2028		105,000		93,647
Bombardier, Inc. (Canada)†(a)	7.875%	4/15/2027		440,000		418,689
BWX Technologies, Inc.†	4.125%	4/15/2029		100,000		86,605
Hexcel Corp.	4.20%	2/15/2027		125,000		113,958
Howmet Aerospace, Inc.	6.875%	5/1/2025		145,000		148,467
Rolls-Royce PLC(b)	0.875%	5/9/2024	EUR	100,000		92,835
Spirit AeroSystems, Inc.†	5.50%	1/15/2025	$	35,000		33,823
TransDigm, Inc.	5.50%	11/15/2027		892,000		815,145
Total						1,803,169
Agriculture 1.28%
BAT Capital Corp.	3.557%	8/15/2027		125,000		108,923
Darling Ingredients, Inc.†	5.25%	4/15/2027		95,000		91,342
Imperial Brands Finance plc (United Kingdom)†(a)	6.125%	7/27/2027		200,000		193,166
Kernel Holding SA (Ukraine)†(a)	6.50%	10/17/2024		200,000		67,178
MHP SE (Ukraine)†(a)	7.75%	5/10/2024		200,000		96,340
Viterra Finance BV (Netherlands)†(a)	4.90%	4/21/2027		200,000		182,974
Total						739,923
Airlines 3.31%
Air Canada (Canada)†(a)	3.875%	8/15/2026		248,000		219,801
Allegiant Travel Co.†	7.25%	8/15/2027		127,000		119,584
American Airlines Group, Inc.†	3.75%	3/1/2025		63,000		55,514
American Airlines, Inc.†	11.75%	7/15/2025		304,000		332,882
American Airlines, Inc./AAdvantage Loyalty IP Ltd.†	5.50%	4/20/2026		236,000		225,128
American Airlines, Inc./AAdvantage Loyalty IP Ltd.†	5.75%	4/20/2029		100,000		91,179
Delta Air Lines, Inc.	4.375%	4/19/2028		315,000		281,435
Delta Air Lines, Inc.†	7.00%	5/1/2025		30,000		30,426
Hawaiian Airlines 2013-1 Class A Pass Through Certificates	3.90%	7/15/2027		64,661		53,722
Hawaiian Brand Intellectual Property Ltd./HawaiianMiles Loyalty Ltd.†	5.75%	1/20/2026		126,817		117,074
United Airlines, Inc.†	4.375%	4/15/2026		425,000		388,670
Total						1,915,415

24 See Notes to Schedule of Investments.

Schedule of Investments (unaudited)(continued)

SHORT DURATION HIGH YIELD FUND October 31, 2022

Investments	Interest Rate		Maturity Date		Principal Amount		Fair Value
Apparel 0.16%
William Carter Co. (The)†	5.625%		3/15/2027		$	100,000	$	95,208
Auto Manufacturers 2.86%
Allison Transmission, Inc.†	4.75%		10/1/2027			115,000		106,066
Ford Motor Co.	4.346%		12/8/2026			405,000		377,432
Ford Motor Co.	6.625%		10/1/2028			360,000		355,604
Ford Motor Credit Co. LLC(b)	3.25%		9/15/2025		EUR	550,000		511,647
Ford Motor Credit Co. LLC	3.815%		11/2/2027		$	200,000		172,256
JB Poindexter & Co., Inc.†	7.125%		4/15/2026			139,000		132,698
Total								1,655,703
Auto Parts & Equipment 0.45%
American Axle & Manufacturing, Inc.	6.50%		4/1/2027			85,000		78,323
Clarios Global LP†	6.75%		5/15/2025			45,000		45,096
Titan International, Inc.	7.00%		4/30/2028			147,000		137,616
Total								261,035
Banks 0.90%
Citigroup, Inc.	3.875% (5 Yr. Treasury CMT + 3.42%	)#	–	(c)		80,000		65,880
Fifth Third Bancorp	6.361%# (SOFR + 2.19	)%	10/27/2028			22,000		22,110
Goldman Sachs Group, Inc. (The)	2.64% (SOFR + 1.11%	)#	2/24/2028			70,000		60,553
Goldman Sachs Group, Inc. (The)	3.65% (5 Yr. Treasury CMT + 2.92%	)#	–	(c)		165,000		125,800
JPMorgan Chase & Co.	4.00% (SOFR + 2.75%	)#	–	(c)		155,000		129,425
Morgan Stanley	5.30% (3 Mo. LIBOR + 3.16%	)#	–	(c)		48,000		46,292
Morgan Stanley	6.138% (SOFR + 1.7%	)#	10/16/2026			50,000		50,182
Texas Capital Bancshares, Inc.	4.00% (5 Yr. Treasury CMT + 3.15%	)#	5/6/2031			25,000		21,668
Total								521,910
Beverages 0.16%
Molson Coors Beverage Co.(b)	1.25%		7/15/2024		EUR	100,000		94,548
Biotechnology 0.23%
CDW LLC/CDW Finance Corp.	4.25%		4/1/2028		$	150,000		132,514

See Notes to Schedule of Investments. 25

Schedule of Investments (unaudited)(continued)

SHORT DURATION HIGH YIELD FUND October 31, 2022

Investments	Interest Rate	Maturity Date	Principal Amount		Fair Value
Building Materials 0.59%
Eco Material Technologies, Inc.†	7.875%	1/31/2027	$	125,000	$	117,004
Griffon Corp.	5.75%	3/1/2028		100,000		91,873
SRM Escrow Issuer LLC†	6.00%	11/1/2028		16,000		13,485
Standard Industries, Inc.†	5.00%	2/15/2027		130,000		117,833
Total						340,195
Chemicals 1.18%
ASP Unifrax Holdings, Inc.†	5.25%	9/30/2028		45,000		35,895
Celanese US Holdings LLC	5.90%	7/5/2024		160,000		157,262
CF Industries, Inc.†	4.50%	12/1/2026		35,000		33,175
CVR Partners LP/CVR Nitrogen Finance Corp.†	6.125%	6/15/2028		110,000		99,674
Ingevity Corp.†	3.875%	11/1/2028		40,000		33,823
Iris Holding, Inc.†	10.00%	12/15/2028		105,000		89,775
Kobe US Midco 2, Inc. PIK 10.0%†	9.25%	11/1/2026		95,000		73,625
Rain CII Carbon LLC/CII Carbon Corp.†	7.25%	4/1/2025		120,000		103,055
SCIH Salt Holdings, Inc.†	4.875%	5/1/2028		65,000		56,570
Total						682,854
Coal 0.75%
Alliance Resource Operating Partners LP/Alliance Resource Finance Corp.†	7.50%	5/1/2025		200,000		196,481
CONSOL Energy, Inc.†	11.00%	11/15/2025		60,000		61,215
Coronado Finance Pty Ltd. (Australia)†(a)	10.75%	5/15/2026		71,000		74,033
SunCoke Energy, Inc.†	4.875%	6/30/2029		65,000		53,398
Warrior Met Coal, Inc.†	7.875%	12/1/2028		47,000		46,411
Total						431,538
Commercial Services 4.64%
AA Bond Co. Ltd.(b)	6.50%	1/31/2026	GBP	100,000		93,980
Ahern Rentals, Inc.†	7.375%	5/15/2023	$	24,000		16,908
Alta Equipment Group, Inc.†	5.625%	4/15/2026		213,000		184,298
AMN Healthcare, Inc.†	4.625%	10/1/2027		125,000		117,139
Ashtead Capital, Inc.†	4.375%	8/15/2027		200,000		181,043
Block, Inc.	2.75%	6/1/2026		205,000		183,313
Herc Holdings, Inc.†	5.50%	7/15/2027		174,000		164,914
Hertz Corp. (The)	5.50%	10/15/2024		22,000		275
Hertz Corp. (The)	6.25%	10/15/2022		2,000		25
IPD 3 BV(b)	5.50%	12/1/2025	EUR	100,000		90,956
Legends Hospitality Holding Co. LLC/Legends Hospitality Co-Issuer, Inc.†	5.00%	2/1/2026	$	98,000		85,896

26 See Notes to Schedule of Investments.

Schedule of Investments (unaudited)(continued)

SHORT DURATION HIGH YIELD FUND October 31, 2022

Investments	Interest Rate	Maturity Date	Principal Amount		Fair Value
Commercial Services (continued)
NESCO Holdings II, Inc.†	5.50%	4/15/2029	$	165,000	$	145,024
PeopleCert Wisdom Issuer plc†(b)	5.75%	9/15/2026	EUR	100,000		89,713
Prime Security Services Borrower LLC/Prime Finance, Inc.†	3.375%	8/31/2027	$	140,000		121,481
Prime Security Services Borrower LLC/Prime Finance, Inc.†	5.75%	4/15/2026		270,000		263,296
Sabre GLBL, Inc.†	7.375%	9/1/2025		14,000		13,174
Sabre GLBL, Inc.†	9.25%	4/15/2025		33,000		32,034
Service Corp International	4.625%	12/15/2027		169,000		156,824
Shift4 Payments LLC/Shift4 Payments Finance Sub, Inc.†	4.625%	11/1/2026		173,000		159,753
Techem Verwaltungsgesellschaft 675 mbH(b)	2.00%	7/15/2025	EUR	125,000		114,469
United Rentals North America, Inc.	4.875%	1/15/2028	$	207,000		192,854
Verscend Escrow Corp.†	9.75%	8/15/2026		100,000		100,415
WASH Multifamily Acquisition, Inc.†	5.75%	4/15/2026		122,000		113,950
Williams Scotsman International, Inc.†	4.625%	8/15/2028		75,000		67,853
Total						2,689,587
Computers 0.43%
Booz Allen Hamilton, Inc.†	3.875%	9/1/2028		103,000		90,939
Booz Allen Hamilton, Inc.†	4.00%	7/1/2029		26,000		22,762
NCR Corp.†	5.00%	10/1/2028		50,000		42,134
Science Applications International Corp.†	4.875%	4/1/2028		100,000		91,195
Total						247,030
Cosmetics/Personal Care 0.22%
Coty, Inc.†	5.00%	4/15/2026		137,000		128,769
Distribution/Wholesale 0.59%
American Builders & Contractors Supply Co., Inc.†	4.00%	1/15/2028		141,000		124,692
BCPE Empire Holdings, Inc.†	7.625%	5/1/2027		83,000		76,013
H&E Equipment Services, Inc.†	3.875%	12/15/2028		165,000		139,629
Total						340,334
Diversified Financial Services 2.96%
Advisor Group Holdings, Inc.†	10.75%	8/1/2027		120,000		118,456
AerCap Ireland Capital DAC/AerCap Global Aviation Trust (Ireland)(a)	4.625%	10/15/2027		300,000		269,987
AG Issuer LLC†	6.25%	3/1/2028		50,000		46,596
AG TTMT Escrow Issuer LLC†	8.625%	9/30/2027		109,000		109,555
Air Lease Corp.	2.875%	1/15/2026		125,000		111,206

See Notes to Schedule of Investments. 27

Schedule of Investments (unaudited)(continued)

SHORT DURATION HIGH YIELD FUND October 31, 2022

Investments		Interest Rate		Maturity Date		Principal Amount		Fair Value
Diversified Financial Services (continued)
Avolon Holdings Funding Ltd. (Ireland)†(a)		5.50%		1/15/2026		$	150,000	$	137,939
Bread Financial Holdings, Inc.†		4.75%		12/15/2024			82,000		71,780
Bread Financial Holdings, Inc.†		7.00%		1/15/2026			50,000		43,174
Jefferson Capital Holdings LLC†		6.00%		8/15/2026			198,000		165,132
LFS Topco LLC†		5.875%		10/15/2026			50,000		39,181
Navient Corp.		5.875%		10/25/2024			145,000		140,418
Navient Corp.		6.75%		6/25/2025			55,000		52,720
OneMain Finance Corp.		3.50%		1/15/2027			160,000		131,519
PennyMac Financial Services, Inc.†		5.375%		10/15/2025			50,000		45,366
Radian Group, Inc.		4.875%		3/15/2027			65,000		57,599
Rocket Mortgage LLC/Rocket Mortgage Co-Issuer, Inc.†		2.875%		10/15/2026			85,000		71,163
VistaJet Malta Finance PLC/XO Management Holding, Inc. (Malta)†(a)		7.875%		5/1/2027			114,000		102,936
Total									1,714,727
Electric 3.55%
AES Corp. (The)†		3.30%		7/15/2025			135,000		124,514
Calpine Corp.†		5.125%		3/15/2028			130,000		115,544
Calpine Corp.†		5.25%		6/1/2026			145,000		137,827
DPL, Inc.		4.35%		4/15/2029			95,000		81,359
Elwood Energy LLC		8.159%		7/5/2026			13,364		13,209
FirstEnergy Corp.		4.40%		7/15/2027			32,000		30,105
Greenko Investment Co. (India)†(a)		4.875%		8/16/2023			200,000		191,680
Leeward Renewable Energy Operations LLC†		4.25%		7/1/2029			196,000		159,047
NextEra Energy Operating Partners LP†		3.875%		10/15/2026			35,000		32,503
NextEra Energy Operating Partners LP†		4.50%		9/15/2027			220,000		204,924
NRG Energy, Inc.†		2.45%		12/2/2027			150,000		123,376
Pacific Gas and Electric Co.		3.15%		1/1/2026			35,000		31,555
Pacific Gas and Electric Co.		5.45%		6/15/2027			100,000		94,369
Pike Corp.†		5.50%		9/1/2028			151,000		129,294
Talen Energy Supply LLC(d)		6.50%		6/1/2025			111,000		94,261
Vistra Corp.†	7.00% (5 Yr. Treasury CMT + 5.74%		)#	–	(c)		59,000		52,325
Vistra Corp.†	8.00% (5 Yr. Treasury CMT + 6.93%		)#	–	(c)		35,000		33,335
Vistra Operations Co. LLC†		3.70%		1/30/2027			85,000		76,072
Vistra Operations Co. LLC†		4.875%		5/13/2024			35,000		34,108

28 See Notes to Schedule of Investments.

Schedule of Investments (unaudited)(continued)

SHORT DURATION HIGH YIELD FUND October 31, 2022

Investments	Interest Rate	Maturity Date	Principal Amount		Fair Value
Electric (continued)
Vistra Operations Co. LLC†	5.50%	9/1/2026	$	225,000	$	216,546
Vistra Operations Co. LLC†	5.625%	2/15/2027		82,000		78,294
Total						2,054,247
Electrical Components & Equipment 0.17%
EnerSys†	4.375%	12/15/2027		110,000		96,755
Electronics 0.25%
Imola Merger Corp.†	4.75%	5/15/2029		31,000		26,782
Sensata Technologies BV†	5.00%	10/1/2025		120,000		116,539
Total						143,321
Energy-Alternate Sources 1.19%
Cullinan Holdco Scsp†(b)	4.625%	10/15/2026	EUR	100,000		82,460
Enviva Partners LP/Enviva Partners Finance Corp.†	6.50%	1/15/2026	$	169,000		162,516
Sunnova Energy Corp.†	5.875%	9/1/2026		263,000		231,849
TerraForm Power Operating LLC†	5.00%	1/31/2028		195,000		181,091
YPF Energia Electrica SA (Argentina)†(a)	10.00%	7/25/2026		42,000		33,461
Total						691,377
Engineering & Construction 0.68%
AECOM	5.125%	3/15/2027		174,000		165,156
Cellnex Telecom SA(b)	1.00%	4/20/2027	EUR	100,000		82,497
Fluor Corp.	4.25%	9/15/2028	$	100,000		87,393
Weekley Homes LLC/Weekley Finance Corp.†	4.875%	9/15/2028		70,000		56,493
Total						391,539
Entertainment 3.25%
AMC Entertainment Holdings, Inc.†	10.00%	6/15/2026		125,000		64,595
Banijay Entertainment SASU(b)	3.50%	3/1/2025	EUR	100,000		93,296
Boyne USA, Inc.†	4.75%	5/15/2029	$	89,000		78,072
Caesars Entertainment, Inc.†	6.25%	7/1/2025		284,000		277,538
Caesars Entertainment, Inc.†	8.125%	7/1/2027		130,000		126,653
Caesars Resort Collection LLC/CRC Finco, Inc.†	5.75%	7/1/2025		61,000		59,666
Churchill Downs, Inc.†	5.50%	4/1/2027		205,000		196,387
Cinemark USA, Inc.†	5.25%	7/15/2028		50,000		38,080
Cinemark USA, Inc.†	5.875%	3/15/2026		35,000		29,517
Inter Media and Communication SpA(b)	6.75%	2/9/2027	EUR	100,000		93,342
International Game Technology PLC(b)	3.50%	6/15/2026	EUR	100,000		93,836
Juventus Football Club SpA(b)	3.375%	2/19/2024	EUR	100,000		96,085

See Notes to Schedule of Investments. 29

Schedule of Investments (unaudited)(continued)

SHORT DURATION HIGH YIELD FUND October 31, 2022

Investments	Interest Rate	Maturity Date	Principal Amount		Fair Value
Entertainment (continued)
Live Nation Entertainment, Inc.†	4.75%	10/15/2027	$	180,000	$	160,418
Live Nation Entertainment, Inc.†	6.50%	5/15/2027		40,000		39,857
Mohegan Gaming & Entertainment†	8.00%	2/1/2026		171,000		144,566
Penn Entertainment, Inc.†	5.625%	1/15/2027		75,000		68,307
Pinewood Finance Co. Ltd.†(b)	3.625%	11/15/2027	GBP	100,000		95,071
Warnermedia Holdings, Inc.†	3.638%	3/15/2025	$	111,000		104,720
Wynn Resorts Finance LLC/Wynn Resorts Capital Corp.†	7.75%	4/15/2025		25,000		24,413
Total						1,884,419
Environmental Control 0.78%
Clean Harbors, Inc.†	4.875%	7/15/2027		130,000		122,531
GFL Environmental, Inc. (Canada)†(a)	5.125%	12/15/2026		202,000		192,595
Madison IAQ LLC†	4.125%	6/30/2028		100,000		82,977
Waste Pro USA, Inc.†	5.50%	2/15/2026		61,000		56,531
Total						454,634
Food 2.23%
Albertsons Cos., Inc./Safeway, Inc./New Albertsons LP/Albertsons LLC†	3.25%	3/15/2026		179,000		161,093
Albertsons Cos., Inc./Safeway, Inc./New Albertsons LP/Albertsons LLC†	4.625%	1/15/2027		250,000		232,089
B&G Foods, Inc.	5.25%	4/1/2025		50,000		45,565
Chobani LLC/hobani Finance Corp., Inc.†	4.625%	11/15/2028		100,000		86,986
Darling Global Finance BV(b)	3.625%	5/15/2026	EUR	100,000		94,864
Lamb Weston Holdings, Inc.†	4.875%	5/15/2028	$	135,000		125,695
Nathan’s Famous, Inc.†	6.625%	11/1/2025		18,000		17,963
Performance Food Group, Inc.†	5.50%	10/15/2027		210,000		199,050
Post Holdings, Inc.†	5.625%	1/15/2028		107,000		100,173
Post Holdings, Inc.†	5.75%	3/1/2027		105,000		101,675
SEG Holding LLC/SEG Finance Corp.†	5.625%	10/15/2028		135,000		125,173
Total						1,290,326
Food Service 0.38%
Aramark Services, Inc.†	6.375%	5/1/2025		223,000		220,979
Forest Products & Paper 0.19%
Mercer International, Inc. (Canada)(a)	5.50%	1/15/2026		120,000		112,640
Gas 0.10%
National Fuel Gas Co.	5.50%	1/15/2026		60,000		58,783

30 See Notes to Schedule of Investments.

Schedule of Investments (unaudited)(continued)

SHORT DURATION HIGH YIELD FUND October 31, 2022

Investments		Interest Rate		Maturity Date	Principal Amount		Fair Value
Health Care-Services 3.28%
Acadia Healthcare Co., Inc.†		5.50%		7/1/2028	$	130,000	$	120,788
Air Methods Corp.†		8.00%		5/15/2025		70,000		36,581
Centene Corp.		2.45%		7/15/2028		90,000		74,161
Centene Corp.		4.25%		12/15/2027		115,000		106,262
CHS/Community Health Systems, Inc.†		5.625%		3/15/2027		155,000		123,829
Global Medical Response, Inc.†		6.50%		10/1/2025		52,000		41,458
Hadrian Merger Sub, Inc.†		8.50%		5/1/2026		91,000		83,075
HCA, Inc.		5.375%		9/1/2026		220,000		214,156
Legacy LifePoint Health LLC†		6.75%		4/15/2025		100,000		88,726
ModivCare, Inc.†		5.875%		11/15/2025		79,000		75,162
Molina Healthcare, Inc.†		4.375%		6/15/2028		129,000		115,897
Select Medical Corp.†		6.25%		8/15/2026		117,000		111,712
Tenet Healthcare Corp.†		4.875%		1/1/2026		245,000		231,993
Tenet Healthcare Corp.†		6.125%		10/1/2028		160,000		138,740
Tenet Healthcare Corp.†		6.25%		2/1/2027		150,000		143,427
US Acute Care Solutions LLC†		6.375%		3/1/2026		215,000		195,458
Total								1,901,425
Home Builders 0.68%
Forestar Group, Inc.†		3.85%		5/15/2026		151,000		128,782
M/I Homes, Inc.		4.95%		2/1/2028		55,000		47,272
Meritage Homes Corp.		5.125%		6/6/2027		25,000		22,420
Taylor Morrison Communities, Inc.†		5.875%		6/15/2027		60,000		56,343
Tri Pointe Homes, Inc.		5.25%		6/1/2027		160,000		137,848
Total								392,665
Insurance 1.48%
Acrisure LLC/Acrisure Finance, Inc.†		7.00%		11/15/2025		150,000		141,319
Alliant Holdings Intermediate LLC/Alliant Holdings Co-Issuer†		4.25%		10/15/2027		125,000		112,820
Global Atlantic Fin Co.†	4.70% (5 Yr. Treasury CMT + 3.80%		)#	10/15/2051		85,000		62,850
GTCR AP Finance, Inc.†		8.00%		5/15/2027		50,000		47,710
HUB International Ltd.†		7.00%		5/1/2026		150,000		148,402
Jackson Financial, Inc.		5.17%		6/8/2027		125,000		119,533
Liberty Mutual Group, Inc.(b)	3.625% (5 Yr. EUSA + 3.70%		)#	5/23/2059	EUR	100,000		84,175
Liberty Mutual Group, Inc.†	4.125% (5 Yr. Treasury CMT + 3.32%		)#	12/15/2051	$	60,000		45,081

See Notes to Schedule of Investments. 31

Schedule of Investments (unaudited)(continued)

SHORT DURATION HIGH YIELD FUND October 31, 2022

Investments	Interest Rate		Maturity Date	Principal Amount		Fair Value
Insurance (continued)
Prudential Financial, Inc.	5.375% (3 Mo. LIBOR + 3.03%	)#	5/15/2045	$	100,000	$	93,797
Total							855,687
Internet 0.95%
Cablevision Lightpath LLC†	3.875%		9/15/2027		200,000		170,311
Cogent Communications Group, Inc.†	3.50%		5/1/2026		45,000		40,681
Go Daddy Operating Co. LLC/GD Finance Co., Inc.†	5.25%		12/1/2027		122,000		114,450
Netflix, Inc.(b)	3.625%		5/15/2027	EUR	100,000		96,437
Northwest Fiber LLC/Northwest Fiber Finance Sub, Inc.†	4.75%		4/30/2027	$	110,000		99,031
NortonLifeLock, Inc.†	6.75%		9/30/2027		31,000		30,603
Total							551,513
Investment Companies 0.29%
Huarong Finance II Co. Ltd. (Hong Kong)(a)	5.50%		1/16/2025		200,000		169,750
Iron-Steel 0.05%
Baffinland Iron Mines Corp./Baffinland Iron Mines LP (Canada)†(a)	8.75%		7/15/2026		16,000		14,574
United States Steel Corp.	6.875%		3/1/2029		17,000		15,625
Total							30,199
Leisure Time 0.60%
Life Time, Inc.†	5.75%		1/15/2026		129,000		120,300
Lindblad Expeditions LLC†	6.75%		2/15/2027		152,000		135,441
Pinnacle Bidco plc(b)	5.50%		2/15/2025	EUR	100,000		89,799
Total							345,540
Lodging 2.42%
Boyd Gaming Corp.	4.75%		12/1/2027	$	175,000		161,672
Full House Resorts, Inc.†	8.25%		2/15/2028		51,000		44,445
Genting New York LLC/GENNY Capital, Inc.†	3.30%		2/15/2026		200,000		175,479
Hilton Worldwide Finance LLC/Hilton Worldwide Finance Corp.	4.875%		4/1/2027		30,000		28,571
Las Vegas Sands Corp.	3.50%		8/18/2026		110,000		96,166
Marriott Ownership Resorts, Inc.	4.75%		1/15/2028		125,000		108,078
MGM China Holdings Ltd. (Macao)†(a)	5.875%		5/15/2026		200,000		153,897
MGM Resorts International	4.75%		10/15/2028		95,000		82,586
MGM Resorts International	5.50%		4/15/2027		181,000		167,162
Travel and Leisure Co.†	6.625%		7/31/2026		79,000		77,073

32 See Notes to Schedule of Investments.

Schedule of Investments (unaudited)(continued)

SHORT DURATION HIGH YIELD FUND October 31, 2022

Investments	Interest Rate	Maturity Date	Principal Amount		Fair Value
Lodging (continued)
Wynn Las Vegas LLC/Wynn Las Vegas Capital Corp.†	5.25%	5/15/2027	$	270,000	$	235,379
Wynn Las Vegas LLC/Wynn Las Vegas Capital Corp.†	5.50%	3/1/2025		77,000		72,997
Total						1,403,505
Machinery-Diversified 0.87%
ATS Automation Tooling Systems, Inc. (Canada)†(a)	4.125%	12/15/2028		143,000		122,459
Granite US Holdings Corp.†	11.00%	10/1/2027		146,000		136,726
nVent Finance Sarl (Luxembourg)(a)	4.55%	4/15/2028		125,000		111,783
TK Elevator Midco GmbH(b)	4.375%	7/15/2027	EUR	160,000		134,446
Total						505,414
Media 4.11%
AMC Networks, Inc.	4.75%	8/1/2025	$	185,000		169,521
Block Communications, Inc.†	4.875%	3/1/2028		90,000		78,393
CCO Holdings LLC/CCO Holdings Capital Corp.†	5.125%	5/1/2027		80,000		74,255
CCO Holdings LLC/CCO Holdings Capital Corp.†	5.375%	6/1/2029		70,000		62,650
Cengage Learning, Inc.†	9.50%	6/15/2024		64,000		60,660
Charter Communications Operating LLC/Charter Communications Operating Capital	3.75%	2/15/2028		185,000		162,351
CSC Holdings LLC	5.25%	6/1/2024		125,000		121,382
Directv Financing LLC/Directv Financing Co.-Obligor, Inc.†	5.875%	8/15/2027		120,000		108,295
DISH DBS Corp.	5.875%	11/15/2024		561,000		518,027
Gray Television, Inc.†	7.00%	5/15/2027		50,000		47,708
LCPR Senior Secured Financing DAC (Ireland)†(a)	6.75%	10/15/2027		200,000		186,744
Nexstar Media, Inc.†	4.75%	11/1/2028		34,000		29,918
Nexstar Media, Inc.†	5.625%	7/15/2027		160,000		151,412
Sirius XM Radio, Inc.†	3.125%	9/1/2026		180,000		161,234
Univision Communications, Inc.†	5.125%	2/15/2025		370,000		358,127
Virgin Media Vendor Financing Notes III DAC(b)	4.875%	7/15/2028	GBP	100,000		92,254
Total						2,382,931
Metal Fabricate-Hardware 0.38%
Advanced Drainage Systems, Inc.†	5.00%	9/30/2027	$	120,000		111,453
Cleveland-Cliffs, Inc.	5.875%	6/1/2027		115,000		107,217
Total						218,670
Mining 0.63%
Compass Minerals International, Inc.†	4.875%	7/15/2024		32,000		30,360
FMG Resources August 2006 Pty Ltd. (Australia)†(a)	4.50%	9/15/2027		114,000		102,297

See Notes to Schedule of Investments. 33

Schedule of Investments (unaudited)(continued)

SHORT DURATION HIGH YIELD FUND October 31, 2022

Investments	Interest Rate	Maturity Date	Principal Amount		Fair Value
Mining (continued)
Hecla Mining Co.	7.25%	2/15/2028	$	123,000	$	116,860
Novelis Corp.†	3.25%	11/15/2026		96,000		84,269
Taseko Mines Ltd. (Canada)†(a)	7.00%	2/15/2026		39,000		32,510
Total						366,296
Miscellaneous Manufacturing 0.85%
Amsted Industries, Inc.†	5.625%	7/1/2027		145,000		134,324
Hillenbrand, Inc.	5.00%	9/15/2026		265,000		250,660
LSB Industries, Inc.†	6.25%	10/15/2028		116,000		105,582
Total						490,566
Oil & Gas 10.71%
Aethon United BR LP/Aethon United Finance Corp.†	8.25%	2/15/2026		148,000		150,646
Baytex Energy Corp. (Canada)†(a)	8.75%	4/1/2027		106,000		108,538
Berry Petroleum Co. LLC†	7.00%	2/15/2026		237,000		212,461
California Resources Corp.†	7.125%	2/1/2026		284,000		279,134
Callon Petroleum Co.	6.375%	7/1/2026		209,000		200,697
Calumet Specialty Products Partners LP/Calumet Finance Corp.†	8.125%	1/15/2027		55,000		52,135
Chesapeake Energy Corp.†	5.50%	2/1/2026		110,000		106,788
Chord Energy Corp.†	6.375%	6/1/2026		210,000		205,457
Citgo Holding, Inc.†	9.25%	8/1/2024		75,000		75,165
CITGO Petroleum Corp.†	6.375%	6/15/2026		120,000		118,487
CITGO Petroleum Corp.†	7.00%	6/15/2025		65,000		64,082
Civitas Resources, Inc.†	5.00%	10/15/2026		137,000		126,322
CNX Resources Corp.†	7.25%	3/14/2027		37,000		36,779
Colgate Energy Partners III LLC†	5.875%	7/1/2029		50,000		46,738
Colgate Energy Partners III LLC†	7.75%	2/15/2026		75,000		74,789
Comstock Resources, Inc.†	6.75%	3/1/2029		125,000		119,954
Crescent Energy Finance LLC†	7.25%	5/1/2026		263,000		244,552
Earthstone Energy Holdings LLC†	8.00%	4/15/2027		228,000		216,113
Encino Acquisition Partners Holdings LLC†	8.50%	5/1/2028		155,000		145,604
EQT Corp.	3.90%	10/1/2027		150,000		135,002
Gulfport Energy Corp.†	8.00%	5/17/2026		124,731		124,563
Hilcorp Energy I LP/Hilcorp Finance Co.†	6.25%	11/1/2028		100,000		94,282
Laredo Petroleum, Inc.	9.50%	1/15/2025		150,000		150,281
Laredo Petroleum, Inc.	10.125%	1/15/2028		70,000		68,885
Magnolia Oil & Gas Operating LLC/Magnolia Oil & Gas Finance Corp.†	6.00%	8/1/2026		147,000		143,005

34 See Notes to Schedule of Investments.

Schedule of Investments (unaudited)(continued)

SHORT DURATION HIGH YIELD FUND October 31, 2022

Investments	Interest Rate	Maturity Date	Principal Amount		Fair Value
Oil & Gas (continued)
Matador Resources Co.	5.875%	9/15/2026	$	187,000	$	184,195
MEG Energy Corp. (Canada)†(a)	5.875%	2/1/2029		225,000		215,398
Murphy Oil Corp.	6.375%	7/15/2028		51,000		49,968
Nabors Industries, Inc.	5.75%	2/1/2025		33,000		31,802
Nabors Industries, Inc.†	7.375%	5/15/2027		29,000		28,565
Nabors Industries, Inc.†	9.00%	2/1/2025		75,000		76,159
Occidental Petroleum Corp.	8.50%	7/15/2027		75,000		81,658
Patterson-UTI Energy, Inc.	3.95%	2/1/2028		50,000		44,190
PBF Holding Co. LLC/PBF Finance Corp.	7.25%	6/15/2025		128,000		126,952
PDC Energy, Inc.	5.75%	5/15/2026		332,000		318,690
Penn Virginia Holdings LLC†	9.25%	8/15/2026		184,000		181,752
Permian Resources Operating LLC†	5.375%	1/15/2026		112,000		103,750
Permian Resources Operating LLC†	6.875%	4/1/2027		55,000		53,428
Petroleos Mexicanos (Mexico)(a)	6.49%	1/23/2027		135,000		117,848
Precision Drilling Corp. (Canada)†(a)	6.875%	1/15/2029		85,000		78,291
Precision Drilling Corp. (Canada)†(a)	7.125%	1/15/2026		122,000		120,017
Range Resources Corp.	4.875%	5/15/2025		237,000		229,136
Rockcliff Energy II LLC†	5.50%	10/15/2029		50,000		44,656
SM Energy Co.	6.625%	1/15/2027		160,000		157,038
SM Energy Co.	6.75%	9/15/2026		125,000		123,311
Southwestern Energy Co.	5.375%	2/1/2029		30,000		28,020
Tap Rock Resources LLC†	7.00%	10/1/2026		180,000		168,346
Vermilion Energy, Inc. (Canada)†(a)	5.625%	3/15/2025		220,000		213,167
W&T Offshore, Inc.†	9.75%	11/1/2023		130,000		128,888
Total						6,205,684
Oil & Gas Services 1.26%
Bristow Group, Inc.†	6.875%	3/1/2028		78,000		72,319
Enerflex Ltd. (Canada)(a)	9.00%	10/15/2027		115,000		112,051
Oceaneering International, Inc.	4.65%	11/15/2024		217,000		207,980
USA Compression Partners LP/USA Compression Finance Corp.	6.875%	4/1/2026		59,000		56,715
USA Compression Partners LP/USA Compression Finance Corp.	6.875%	9/1/2027		38,000		36,381
Weatherford International Ltd.†	11.00%	12/1/2024		50,000		51,551
Welltec International ApS (Denmark)†(a)	8.25%	10/15/2026		200,000		194,159
Total						731,156

See Notes to Schedule of Investments. 35

Schedule of Investments (unaudited)(continued)

SHORT DURATION HIGH YIELD FUND October 31, 2022

Investments		Interest Rate		Maturity Date	Principal Amount		Fair Value
Packaging & Containers 1.58%
Ball Corp.		4.875%		3/15/2026	$	90,000	$	86,596
Berry Global, Inc.†		4.875%		7/15/2026		234,000		220,382
LABL, Inc.†		6.75%		7/15/2026		123,000		117,137
Mauser Packaging Solutions Holding Co.†		5.50%		4/15/2024		190,000		186,551
Pactiv LLC		7.95%		12/15/2025		51,000		47,559
Silgan Holdings, Inc.		4.125%		2/1/2028		131,000		120,207
Southwestern Energy Co.		7.75%		10/1/2027		100,000		102,996
Trident TPI Holdings, Inc.†		9.25%		8/1/2024		36,000		33,623
Total								915,051
Pharmaceuticals 0.89%
Grifols SA(b)		2.25%		11/15/2027	EUR	100,000		81,903
Option Care Health, Inc.†		4.375%		10/31/2029	$	86,000		74,384
Perrigo Finance Unlimited Co. (Ireland)(a)		4.375%		3/15/2026		200,000		187,879
Teva Pharmaceutical Finance Netherlands III BV (Netherlands)(a)		3.15%		10/1/2026		200,000		169,348
Total								513,514
Pipelines 1.58%
Buckeye Partners LP		3.95%		12/1/2026		146,000		128,453
Buckeye Partners LP†		4.125%		3/1/2025		42,000		39,642
Buckeye Partners LP	6.375% (3 Mo. LIBOR + 4.02%		)#	1/22/2078		53,000		42,731
Cheniere Energy Partners LP		4.50%		10/1/2029		40,000		35,382
Delek Logistics Partners LP/Delek Logistics Finance Corp.†		7.125%		6/1/2028		100,000		89,705
EnLink Midstream LLC†		5.625%		1/15/2028		120,000		115,187
EQM Midstream Partners LP		4.125%		12/1/2026		65,000		57,532
EQM Midstream Partners LP†		6.00%		7/1/2025		105,000		101,829
Northriver Midstream Finance LP (Canada)†(a)		5.625%		2/15/2026		173,000		164,031
Tallgrass Energy Partners LP/Tallgrass Energy Finance Corp.†		6.00%		3/1/2027		115,000		108,692
Venture Global Calcasieu Pass LLC†		3.875%		8/15/2029		35,000		30,107
Total								913,291
REITS 2.00%
GLP Capital LP/GLP Financing II, Inc.		5.375%		4/15/2026		120,000		114,697
HAT Holdings I LLC/HAT Holdings II LLC†		3.375%		6/15/2026		68,000		55,438
HAT Holdings I LLC/HAT Holdings II LLC†		6.00%		4/15/2025		199,000		189,985
Iron Mountain, Inc.†		4.875%		9/15/2027		70,000		64,908

36 See Notes to Schedule of Investments.

Schedule of Investments (unaudited)(continued)

SHORT DURATION HIGH YIELD FUND October 31, 2022

Investments	Interest Rate	Maturity Date	Principal Amount		Fair Value
REITS (continued)
SBA Communications Corp.	3.875%	2/15/2027	$	205,000	$	184,873
Service Properties Trust	7.50%	9/15/2025		270,000		263,588
Starwood Property Trust, Inc.†	3.75%	12/31/2024		84,000		78,638
VICI Properties LP/VICI Note Co., Inc.†	3.50%	2/15/2025		103,000		95,899
VICI Properties LP/VICI Note Co., Inc.†	3.75%	2/15/2027		35,000		30,744
VICI Properties LP/VICI Note Co., Inc.†	4.25%	12/1/2026		50,000		45,607
VICI Properties LP/VICI Note Co., Inc.†	5.625%	5/1/2024		36,000		35,579
Total						1,159,956
Retail 2.69%
1011778 BC ULC/New Red Finance, Inc. (Canada)†(a)	3.50%	2/15/2029		125,000		105,007
1011778 BC ULC/New Red Finance, Inc. (Canada)†(a)	4.375%	1/15/2028		135,000		118,720
Bath & Body Works, Inc.	6.694%	1/15/2027		150,000		141,601
BCPE Ulysses Intermediate, Inc. PIK 8.50%†	7.75%	4/1/2027		6,000		3,983
Beacon Roofing Supply, Inc.†	4.50%	11/15/2026		130,000		118,831
Brinker International, Inc.†	5.00%	10/1/2024		190,000		184,568
Dave & Buster’s, Inc.†	7.625%	11/1/2025		106,000		105,863
GPS Hospitality Holding Co. LLC/GPS Finco, Inc.†	7.00%	8/15/2028		64,000		45,055
IRB Holding Corp.†	7.00%	6/15/2025		45,000		45,027
Ken Garff Automotive LLC†	4.875%	9/15/2028		28,000		23,288
Lithia Motors, Inc.†	4.625%	12/15/2027		80,000		71,304
Macy’s Retail Holdings LLC†	5.875%	4/1/2029		155,000		134,127
Murphy Oil USA, Inc.	5.625%	5/1/2027		90,000		86,496
Nordstrom, Inc.	4.00%	3/15/2027		108,000		91,705
Party City Holdings, Inc.†	6.125%	8/15/2023		17,000		7,225
Party City Holdings, Inc.†	6.625%	8/1/2026		20,000		6,500
Party City Holdings, Inc.†	8.75%	2/15/2026		27,000		17,139
Rite Aid Corp.†	8.00%	11/15/2026		36,000		23,416
SRS Distribution, Inc.†	4.625%	7/1/2028		104,000		91,548
Stonegate Pub Co. Financing 2019 plc(b)	8.25%	7/31/2025	GBP	100,000		104,118
White Cap Buyer LLC†	6.875%	10/15/2028	$	39,000		33,146
Total						1,558,667
Semiconductors 0.12%
Entegris Escrow Corp.†	4.75%	4/15/2029		32,000		28,320
Entegris, Inc.†	4.375%	4/15/2028		45,000		39,646
Total						67,966

See Notes to Schedule of Investments. 37

Schedule of Investments (unaudited)(continued)

SHORT DURATION HIGH YIELD FUND October 31, 2022

Investments	Interest Rate		Maturity Date	Principal Amount		Fair Value
Software 0.89%
Boxer Parent Co., Inc.†	7.125%		10/2/2025	$	45,000	$	44,316
Picard Midco, Inc.†	6.50%		3/31/2029		164,000		142,488
SS&C Technologies, Inc.†	5.50%		9/30/2027		194,000		180,717
Twilio, Inc.	3.625%		3/15/2029		125,000		103,410
ZoomInfo Technologies LLC/ZoomInfo Finance Corp.†	3.875%		2/1/2029		52,000		43,538
Total							514,469
Telecommunications 2.21%
Altice France SA (France)†(a)	8.125%		2/1/2027		200,000		183,400
CommScope, Inc.†	6.00%		3/1/2026		225,000		217,429
Frontier Communications Holdings LLC†	5.875%		10/15/2027		135,000		124,369
Maxar Technologies, Inc.†	7.75%		6/15/2027		88,000		86,390
Sprint Capital Corp.	6.875%		11/15/2028		150,000		155,023
Sprint Corp.	7.625%		3/1/2026		490,000		512,239
Total							1,278,850
Total Trucking & Leasing 0.36%
Fortress Transportation and Infrastructure Investors LLC†	5.50%		5/1/2028		95,000		79,682
Fortress Transportation and Infrastructure Investors LLC†	6.50%		10/1/2025		131,000		126,005
Total							205,687
Transportation 0.21%
Carriage Purchaser, Inc.†	7.875%		10/15/2029		25,000		18,651
Watco Cos. LLC/Watco Finance Corp.†	6.50%		6/15/2027		110,000		103,772
Total							122,423
Water 0.09%
Solaris Midstream Holdings LLC†	7.625%		4/1/2026		55,000		52,472
Total Corporate Bonds (cost $46,578,157)							45,062,962
FLOATING RATE LOANS(e) 5.81%
Auto Parts & Equipment 0.33%
Chassix Inc. 2017 1st Lien Term Loan	7.563% - 9.06% (6 Mo. LIBOR + 5.50% (6 Mo. LIBOR + 5.50%	) )	11/15/2023		93,837		85,954
Clarios Global LP 2021 USD Term Loan B (Canada)(a)	7.004% (1 Mo. LIBOR + 3.25%	)	4/30/2026		62,000		60,426

38 See Notes to Schedule of Investments.

Schedule of Investments (unaudited)(continued)

SHORT DURATION HIGH YIELD FUND October 31, 2022

Investments	Interest Rate		Maturity Date	Principal Amount		Fair Value
Auto Parts & Equipment (continued)
DexKo Global Inc. 2021 USD Term Loan B	7.424% - 7.50% (3 Mo. LIBOR + 3.75% (3 Mo. LIBOR + 3.75%	) )	10/4/2028	$	49,855	$	45,457
Total							191,837
Building & Construction 0.03%
USIC Holdings, Inc. 2021 2nd Lien Term Loan	10.254% (1 Mo. LIBOR + 6.50%	)	5/14/2029		16,454		15,220
Building Materials 0.17%
ACProducts, Inc. 2021 Term Loan B	7.127% - 7.92% (6 Mo. LIBOR + 4.25% (6 Mo. LIBOR + 4.25%	) )	5/17/2028		64,836		45,736
Core & Main LP 2021 Term Loan B	6.096% - 7.42% (6 Mo. LIBOR + 2.50% (6 Mo. LIBOR + 2.50%	) )	7/27/2028		49,874		48,767
Icebox Holdco III, Inc. 2021 1st Lien Term Loan	7.424% (3 Mo. LIBOR + 3.75%	)	12/22/2028		6,857		6,371
Total							100,874
Cable & Satellite Television 0.21%
DirecTV Financing, LLC Term Loan	–	(f)	8/2/2027		125,000		119,438
Commercial Services 0.15%
R1 RCM, Inc. 2022 Term Loan B	–	(f)	6/21/2029		85,000		84,575
Diversified Capital Goods 0.28%
Grinding Media Inc. 2021 Term Loan B	7.144% - 7.70% (3 Mo. LIBOR + 4.00%	)	10/12/2028		106,006		91,430
Tank Holding Corp. 2022 Term Loan	9.579% - 11.00% (1 Mo. SOFR + 5.75%	)	3/31/2028		20,249		19,493
Tiger Acquisition, LLC 2021 Term Loan	7.004% (1 Mo. LIBOR + 3.25%	)	6/1/2028		54,861		51,395
Total							162,318
Electric: Generation 0.19%
Astoria Energy LLC 2020 Term Loan B	–	(f)	12/10/2027		49,754		48,777
CPV Shore Holdings, LLC Term Loan	7.51% (1 Mo. LIBOR + 3.75%	)	12/29/2025		32,142		29,637

See Notes to Schedule of Investments. 39

Schedule of Investments (unaudited)(continued)

SHORT DURATION HIGH YIELD FUND October 31, 2022

Investments	Interest Rate		Maturity Date	Principal Amount		Fair Value
Electric: Generation (continued)
EFS Cogen Holdings I LLC 2020 Term Loan B	7.18% - 7.26% (1 Mo. LIBOR + 3.50% (3 Mo. LIBOR + 3.50%	) )	10/1/2027	$	31,977	$	30,800
Total							109,214
Electric: Integrated 0.24%
Compass Power Generation LLC 2022 Term Loan B2	8.093% (1 Mo. SOFR + 4.25%	)	4/14/2029		82,246		79,870
Helix Gen Funding, LLC Term Loan B	7.504% (1 Mo. LIBOR + 3.75%	)	6/3/2024		60,313		58,070
Total							137,940
Energy: Exploration & Production 0.11%
Kestrel Acquisition, LLC 2018 Term Loan B	8.01% (1 Mo. LIBOR + 4.25%	)	6/2/2025		68,542		65,347
Gas Distribution 0.24%
CQP Holdco LP 2021 Term Loan B	7.424% (3 Mo. LIBOR + 3.75%	)	6/5/2028		74,811		73,979
Freeport LNG Investments, LLLP Term Loan B	7.743% (3 Mo. LIBOR + 3.50%	)	12/21/2028		69,823		65,502
Total							139,481
Health Facilities 0.23%
EyeCare Partners, LLC 2021 Incremental Term Loan	7.424% (3 Mo. LIBOR + 3.75%	)	11/15/2028		49,750		43,780
WP CityMD Bidco LLC 2021 1st Lien Term Loan B	–	(f)	12/22/2028		90,000		87,600
Total							131,380
Health Services 0.15%
Corgi Bidco, Inc Term Loan	8.784% (3 Mo. SOFR + 5.00%	)	10/13/2029		93,072		87,720
Integrated Energy 0.11%
Oregon Clean Energy, LLC Term Loan	7.579% (1 Mo. LIBOR + 3.75%	)	3/1/2026		64,034		62,643
Investments & Miscellaneous Financial Services 0.23%
Jane Street Group, LLC 2021 Term Loan	–	(f)	1/26/2028		140,000		136,288

40 See Notes to Schedule of Investments.

Schedule of Investments (unaudited)(continued)

SHORT DURATION HIGH YIELD FUND October 31, 2022

Investments	Interest Rate		Maturity Date	Principal Amount		Fair Value
Machinery 0.02%
CMBF LLC Term Loan	9.317% (1 Mo. LIBOR + 6.00%	)	8/2/2028	$	16,407	$	14,110
Media: Content 0.08%
NEP/NCP Holdco, Inc. 2018 2nd Lien Term Loan	10.754% (1 Mo. LIBOR + 7.00%	)	10/19/2026		50,000		44,714
Medical Products 0.23%
Athenahealth, Inc. 2022 Delayed Draw Term loan(g)	3.50%		2/15/2029		13,782		12,628
Athenahealth, Inc. 2022 Term Loan B	6.967% (1 Mo. SOFR + 3.50%	)	2/15/2029		81,111		74,318
Physician Partners LLC Term Loan	–	(f)	12/23/2028		49,875		47,303
Total							134,249
Metals/Mining (Excluding Steel) 0.25%
Peabody Energy Corporation 2018 Term Loan	6.326% (1 Mo. LIBOR + 2.75%	)	3/31/2025		148,828		143,433
Oil & Gas 0.19%
Parkway Generation, LLC Term Loan B	8.504% (1 Mo. LIBOR + 4.75%	)	2/18/2029		97,506		96,856
Parkway Generation, LLC Term Loan C	8.504% (1 Mo. LIBOR + 4.75%	)	2/18/2029		13,721		13,630
Total							110,486
Oil Field Equipment & Services 0.10%
Ulterra Drilling Technologies, LP Term Loan B	9.004% (1 Mo. LIBOR + 5.25%	)	11/26/2025		59,006		56,744
Personal & Household Products 0.06%
Gibson Brands Inc. 2021 Term Loan	9.125% (3 Mo. LIBOR + 5.00%	)	8/11/2028		40,222		32,178
Pharmaceuticals 0.37%
Canopy Growth Corporation Term Loan (Canada)(a)	11.248% (6 Mo. LIBOR + 8.50%	)	3/18/2026		12,464		10,575
Jazz Financing Lux S.a.r.l. USD Term Loan (Luxembourg)(a)	–	(f)	5/5/2028		100,000		98,977
Organon & Co USD Term Loan	6.188% (3 Mo. LIBOR + 3.00%	)	6/2/2028		110,000		107,605
Total							217,157

See Notes to Schedule of Investments. 41

Schedule of Investments (unaudited)(continued)

SHORT DURATION HIGH YIELD FUND October 31, 2022

Investments		Interest Rate		Maturity Date	Principal Amount		Fair Value
Printing & Publishing 0.11%
Cengage Learning, Inc. 2021 Term Loan B		7.814% (3 Mo. LIBOR + 4.75%	)	7/14/2026	$	69,824	$	61,998
Recreation & Travel 0.02%
Bulldog Purchaser Inc. 2018 Term Loan		7.579% (1 Mo. LIBOR + 3.75%	)	9/5/2025		15,647		13,707
Restaurants 0.15%
IRB Holding Corp 2020 Term Loan B		–	(f)	2/5/2025		90,000		88,831
Software/Services 0.49%
NortonLifeLock Inc. 2022 Term Loan B		–	(f)	9/12/2029		135,000		132,019
Peraton Corp. Term Loan B		–	(f)	2/1/2028		90,000		86,850
Riverbed Technology, Inc. 2021 Exit Term Loan PIK 2.00%		2.00% - 9.20% (1 Mo. LIBOR + 6.00%	)	12/7/2026		52,466		20,527
Tibco Software Inc. 2022 USD Term Loan		–	(f)	3/30/2029		50,000		45,735
Total								285,131
Specialty Retail 0.35%
PetSmart, Inc. 2021 Term Loan B		–	(f)	2/11/2028		144,773		139,676
Wand NewCo 3, Inc. 2020 Term Loan		–	(f)	2/5/2026		64,833		60,992
Total								200,668
Support: Services 0.39%
Aramark Services, Inc. 2018 Term Loan B3		–	(f)	3/11/2025		100,000		97,593
AVSC Holding Corp. 2020 Term Loan B1 PIK 0.25%		6.394% (3 Mo. LIBOR + 3.25%	)	3/3/2025		54,892		47,916
Sabre GLBL Inc. 2021 Term Loan B1		–	(f)	12/17/2027		21,149		18,955
Sabre GLBL Inc. 2021 Term Loan B2		–	(f)	12/17/2027		33,712		30,215
Sabre GLBL Inc. 2022 1st Lien Term Loan B		8.829% (1 Mo. SOFR + 5.00%	)	6/30/2028		32,314		29,931
Total								224,610
Theaters & Entertainment 0.07%
Vue International Bidco p.l.c. 2019 EUR Term Loan B(b)		–	(f)	7/3/2026	EUR	51,659		34,758
Vue International Bidco p.l.c. 2022 EUR Term Loan(b)	9.766% (3 Mo. EURIBOR + 8.00%		)	6/30/2027	EUR	6,827		6,376
Total								41,134

42 See Notes to Schedule of Investments.

Schedule of Investments (unaudited)(continued)

SHORT DURATION HIGH YIELD FUND October 31, 2022

Investments	Interest Rate		Maturity Date	Principal Amount		Fair Value
Transportation: Infrastructure/Services 0.26%
Uber Technologies, Inc. 2021 1st Lien Term Loan B	–	(f)	4/4/2025		$150,000	$	148,955
Total Floating Rate Loans (cost $3,452,524)							3,362,380
NON-AGENCY COMMERCIAL MORTGAGE-BACKED SECURITIES 0.06%
Great Wolf Trust 2019-WOLF B†	4.746% (1 Mo. LIBOR + 1.33%	)#	12/15/2036		15,000		14,282
KKR Industrial Portfolio Trust 2021-KDIP D†	4.662% (1 Mo. LIBOR + 1.25%	)#	12/15/2037		7,500		7,065
KKR Industrial Portfolio Trust 2021-KDIP E†	4.962% (1 Mo. LIBOR + 1.55%	)#	12/15/2037		7,500		7,030
KKR Industrial Portfolio Trust 2021-KDIP F†	5.462% (1 Mo. LIBOR + 2.05%	)#	12/15/2037		7,500		6,940
Total Non-Agency Commercial Mortgage-Backed Securities (cost $35,625)							35,317
	Dividend Rate			Shares
PREFERRED STOCKS 0.05%
Commercial Banks
Synovus Financial Corp. (cost $31,620)	6.30% (3 Mo. LIBOR + 3.35%	)#			1,200		28,080
Total Long-Term Investments (cost $52,444,383)							50,776,738
				Principal Amount
SHORT-TERM INVESTMENTS 10.14%
Repurchase Agreements 10.14%
Repurchase Agreement dated 10/31/2022, 1.300% due 11/1/2022 with Fixed Income Clearing Corp. collateralized by $6,145,300 of U.S. Treasury Note at 3.00% due 6/30/2024; value: $5,992,866; proceeds: $5,875,534 (cost $5,875,322)				$5,875,322			5,875,322
Total Investments in Securities 97.81% (cost $58,319,705)							56,652,060
Less Unfunded Loan Commitments (0.02%) (cost $12,748)							(12,628	)
Net Investments in Securities 97.79% (cost $58,306,957)							56,639,432
Other Assets and Liabilities – Net(h) 2.21%							1,279,607
Net Assets 100.00%						$	57,919,039

See Notes to Schedule of Investments. 43

Schedule of Investments (unaudited)(continued)

SHORT DURATION HIGH YIELD FUND October 31, 2022

EUR	Euro.
GBP	British Pound.
CMT	Constant Maturity Rate.
EURIBOR	Euro Interbank Offered Rate.
EUSA	Euro Swap Rate.
LIBOR	London Interbank Offered Rate.
PIK	Payment-in-kind.
REITS	Real Estate Investment Trusts.
SOFR	Secured Overnight Financing Rate.

#	Variable rate security. The interest rate represents the rate in effect at October 31, 2022.
†	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, 2022, the total value of Rule 144A securities was $30,577,250, which represents 52.79% of net assets.
(a)	Foreign security traded in U.S. dollars.
(b)	Investment in non-U.S. dollar denominated securities.
(c)	Security is perpetual in nature and has no stated maturity.
(d)	Defaulted (non-income producing security).
(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, 2022.
(f)	Interest Rate to be determined.
(g)	Security partially/fully unfunded.
(h)	Other Assets and Liabilities – Net include net unrealized appreciation/depreciation on forward foreign currency exchange contracts, futures contracts and swaps as follows:

Centrally Cleared Credit Default Swaps on Indexes - Sell Protection at October 31, 2022⁽¹⁾:

Referenced Indexes	Central Clearing Party	Fund Receives (Quarterly)	Termination Date	Notional Amount	Payments Upfront(2)		Value		Unrealized Appreciation	(3)
Markit CDX.NA.HY.S39(4)(5)	Bank of America	5.00%	12/20/2027	$4,250,000	$(52,920	)	$(32,265	)	$20,655

(1)	If the Fund is a seller of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Fund will either (i) pay to the buyer of protection an amount equal to the notional amount of the swap and take delivery of the referenced obligation or underlying securities comprising the referenced index or (ii) pay a net settlement amount in the form of cash or securities equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities.
(2)	Upfront payments paid (received) by Central Clearing Party are presented net of amortization.
(3)	Total unrealized appreciation on Credit Default Swaps on Indexes amounted to $20,655. Total unrealized depreciation on Credit Default Swaps on Indexes amounted to $0.
(4)	Central Clearinghouse: Intercontinental Exchange (ICE).
(5)	The Referenced Index is for the Centrally Cleared Credit Default Swaps on Indexes, which is comprised of a basket of high yield securities.

44 See Notes to Schedule of Investments.

Schedule of Investments (unaudited)(continued)

SHORT DURATION HIGH YIELD FUND October 31, 2022

Consumer Price Index (“CPI”) Centrally Cleared Swaps at October 31, 2022:

Central Clearingparty(1)	Periodic Payments to be Made By The Fund (Quarterly)	Periodic Payments to be Received By The Fund (Quarterly)	Termination Date	Notional Amount		Value/Unrealized Appreciation
Bank of America	2.410%	CPI Urban Consumer NSA	9/30/2023		$2,042,563		$	13,219
Bank of America	2.673%	CPI Urban Consumer NSA	10/3/2027		1,498,000			13,042
Bank of America	2.673%	CPI Urban Consumer NSA	10/3/2027		1,900,000			5,548	(1)
Bank of America	4.110%	CPI Urban Consumer NSA	7/1/2023		1,432,559			9,152
Bank of America	4.415%	CPI Urban Consumer NSA	6/1/2023		1,676,000			9,563
Bank of America	4.900%	CPI Urban Consumer NSA	1/15/2024		2,137,000			13,301
Unrealized Appreciation on CPI Centrally Cleared Swaps							$	63,825

⁽¹⁾ Includes upfront payment of $10,994.

Forward Foreign Currency Exchange Contracts at October 31, 2022:

Forward Foreign Currency Exchange Contracts	Transaction Type	Counterparty	Expiration Date	Foreign Currency	U.S. $ Cost on Origination Date			U.S. $ Current Value			Unrealized Appreciation
British pound	Buy	Goldman Sachs	12/8/2022	9,000		$	10,263		$	10,333		$	70
British pound	Buy	Morgan Stanley	12/8/2022	84,000			95,198			96,437			1,239
British pound	Buy	Morgan Stanley	12/8/2022	6,000			6,443			6,888			445
Euro	Buy	Morgan Stanley	12/12/2022	115,000			111,132			114,008			2,876
British pound	Sell	Morgan Stanley	12/8/2022	346,000			398,997			397,229			1,768
British pound	Sell	State Street Bank and Trust	12/8/2022	89,000			103,595			102,177			1,418
Euro	Sell	Bank of America	12/12/2022	95,000			94,680			94,180			500
Euro	Sell	Bank of America	12/12/2022	137,000			136,629			135,818			811
Euro	Sell	Morgan Stanley	12/12/2022	429,000			429,033			425,298			3,735
Euro	Sell	Morgan Stanley	12/12/2022	96,000			96,941			95,172			1,769
Euro	Sell	Morgan Stanley	12/12/2022	95,000			94,197			94,180			17
Euro	Sell	State Street Bank and Trust	12/12/2022	945,000			950,339			936,846			13,493
Euro	Sell	State Street Bank and Trust	12/12/2022	6,000			6,018			5,948			70
Euro	Sell	State Street Bank and Trust	12/12/2022	209,000			208,913			207,197			1,716
Total Unrealized Appreciation on Forward Foreign Currency Exchange Contracts												$	29,927
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	Buy	Morgan Stanley	12/12/2022	100,000		$	100,252		$	99,137		$	(1,115	)
Euro	Sell	Bank of America	12/12/2022	100,000			97,412			99,137			(1,725	)
Euro	Sell	Morgan Stanley	12/12/2022	97,000			96,005			96,163			(158	)
Euro	Sell	State Street Bank and Trust	12/12/2022	98,000			96,867			97,154			(287	)
Euro	Sell	State Street Bank and Trust	12/12/2022	89,000			88,182			88,232			(50	)
Total Unrealized Depreciation on Forward Foreign Currency Exchange Contracts												$	(3,335	)

See Notes to Schedule of Investments. 45

Schedule of Investments (unaudited)(concluded)

SHORT DURATION HIGH YIELD FUND October 31, 2022

Futures Contracts at October 31, 2022:

Type	Expiration	Contracts	Position	Notional Amount		Notional Value		Unrealized Appreciation
U.S. 5-Year Treasury Note	December 2022	19	Short	$(2,028,984	)	$(2,025,281	)	$3,703
Type	Expiration	Contracts	Position	Notional Amount		Notional Value		Unrealized Depreciation
U.S. 2-Year Treasury Note	December 2022	13	Long	$2,659,947		$2,656,977		$(2,970	)

The following is a summary of the inputs used as of October 31, 2022 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	$	–		$	1,856,376		$	–	$	1,856,376
Convertible Bonds		–			431,623			–		431,623
Corporate Bonds		–			45,062,962			–		45,062,962
Floating Rate Loans		–			3,362,380			–		3,362,380
Less Unfunded Commitments		–			(12,628	)		–		(12,628	)
Non-Agency Commercial Mortgage-Backed Securities		–			35,317			–		35,317
Preferred Stocks		28,080			–			–		28,080
Short-Term Investments
Repurchase Agreements		–			5,875,322			–		5,875,322
Total	$	28,080		$	56,611,352		$	–	$	56,639,432
Other Financial Instruments
Centrally Cleared Credit Default Swap Contracts
Assets	$	–		$	20,655		$	–	$	20,655
Liabilities		–			–			–		–
Centrally Cleared CPI Swap Contracts
Assets		–			63,825			–		63,825
Liabilities		–			–			–		–
Forward Foreign Currency Exchange Contracts
Assets		–			29,927			–		29,927
Liabilities		–			(3,335	)		–		(3,335	)
Futures Contracts
Assets		3,703			–			–		3,703
Liabilities		(2,970	)		–			–		(2,970	)
Total	$	733		$	111,072		$	–	$	111,805

(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.

46 See Notes to Schedule of Investments.

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 Emerging Markets Equity Fund (“Emerging Markets Equity Fund) Lord Abbett International Growth Fund (“International Growth Fund”) Lord Abbett Short Duration High Yield Fund (“Short Duration High Yield Fund”). Emerging Markets Equity Fund commenced operations on March 2, 2022 and the International Growth Fund commenced operations on June 18, 2021. Climate Focused Bond Fund’s investment objective is total return. Emerging Markets Equity Fund’s and International Growth Fund’s investment objective is to seek long-term 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 Trustees (the “Board”), the Board has designated the determination of fair value of the Funds’ portfolio investments to Lord, Abbett & Co. LCC (“Lord Abbett”), as valuation designee. Accordingly, Lord Abbett is responsible for among other things, assessing and managing valuation risks, establishing, applying and testing fair value methodologies, and evaluating pricing services. Lord Abbett has formed a Pricing Committee that performs these responsibilities on behalf of Lord Abbett, administers the pricing and valuation of portfolio investments, and ensures that prices utilized reasonably reflect fair value. Among other things, these procedures allow Lord Abbett, subject to Board oversight, 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 ask prices. 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 ask prices is used. 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. 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. Swaps are valued daily using independent pricing services or quotations from broker/dealers to the extent available.

47

Notes to Schedule of Investments (unaudited)(continued)

	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 use observable inputs such as 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 periodically reviews reports that may include fair value determinations made by the Pricing Committee, related market activity, inputs and assumptions, and retrospective comparison of prices of subsequent purchases and sales transactions to fair value determinations made by the Pricing Committee.
	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, 2022 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.

48

Notes to Schedule of Investments (unaudited)(concluded)

3.     FEDERAL TAX INFORMATION  

It is the policy of each 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 each Fund’s filed U.S. federal tax returns remains open generally three years after the filing of the tax returns. The statute of limitations on each Fund’s, state and local tax returns may remain open for an additional year depending upon the jurisdiction.

4.     SECURITIES LENDING AGREEMENT  

The Funds have established a securities lending agreement with Citibank, N.A. for the lending of securities to qualified brokers in exchange for securities or cash collateral equal to at least the market value of securities loaned, plus interest, if applicable. Cash collateral is invested in an approved money market fund. In accordance with the Funds’ securities lending agreement, the market value of securities on loan is determined each day at the close of business and any additional collateral required to cover the value of securities on loan is delivered to the Funds on the next business day. As with other extensions of credit, the Funds may experience a delay in the recovery of their securities or incur a loss should the borrower of the securities breach its agreement with the Funds or the borrower becomes insolvent at a time when the collateral is insufficient to cover the cost of repurchasing securities on loan.

The initial collateral received by the Funds is required to have a value equal to at least 100% of the market value of the securities loaned. The collateral must be marked-to-market daily to cover increases in the market value of the securities loaned (or potentially a decline in the value of the collateral). In general, the risk of borrower default will be borne by Citibank, N.A.; the Funds will bear the risk of loss with respect to the investment of the cash collateral. The advantage of such loans is that the Funds continue to receive income on loaned securities while receiving a portion of any securities lending fees and earning returns on the cash amounts which may be reinvested for the purchase of investments in securities.

As of October 31, 2022 the funds did not have any securities out on loan.

49

QPHR-TRI-1Q
(12/22)