Common Stocks — 101.5%(1) | |
Security | | Shares | | | Value | | |
________________________________________________________________________________________________________ | |
Aerospace & Defense — 2.1% | |
________________________________________________________________________________________________________ | |
Airbus SE | 32,028 | | $ | 4,703,758 | | |
CAE, Inc. | 111,411 | | | 3,304,278 | | |
________________________________________________________________________________________________________ | |
| $ | 8,008,036 | | |
________________________________________________________________________________________________________ | |
Banks — 5.3% | |
________________________________________________________________________________________________________ | |
Banco Santander SA | 905,313 | | $ | 3,567,741 | | |
Canadian Imperial Bank of Commerce | 44,411 | | | 3,621,607 | | |
Citigroup, Inc. | 60,808 | | | 4,524,723 | | |
ING Groep NV | 205,271 | | | 2,228,670 | | |
KBC Group NV | 20,354 | | | 1,493,481 | | |
KeyCorp | 174,935 | | | 3,273,034 | | |
UniCredit SpA | 138,171 | | | 1,845,592 | | |
________________________________________________________________________________________________________ | |
| $ | 20,554,848 | | |
________________________________________________________________________________________________________ | |
Beverages — 2.8% | |
________________________________________________________________________________________________________ | |
Anheuser-Busch InBev SA/NV | 37,946 | | $ | 2,862,646 | | |
Coca-Cola Co. (The) | 73,050 | | | 4,266,120 | | |
Diageo PLC | 90,214 | | | 3,567,341 | | |
________________________________________________________________________________________________________ | |
| $ | 10,696,107 | | |
________________________________________________________________________________________________________ | |
Biotechnology — 0.9% | |
________________________________________________________________________________________________________ | |
CSL, Ltd. | 16,934 | | $ | 3,482,792 | | |
________________________________________________________________________________________________________ | |
| $ | 3,482,792 | | |
________________________________________________________________________________________________________ | |
Building Products — 1.0% | |
________________________________________________________________________________________________________ | |
Assa Abloy AB, Class B | 167,825 | | $ | 3,983,542 | | |
________________________________________________________________________________________________________ | |
| $ | 3,983,542 | | |
________________________________________________________________________________________________________ | |
Capital Markets — 0.9% | |
________________________________________________________________________________________________________ | |
Morgan Stanley | 66,442 | | $ | 3,472,259 | | |
________________________________________________________________________________________________________ | |
| $ | 3,472,259 | | |
________________________________________________________________________________________________________ | |
Chemicals — 2.1% | |
________________________________________________________________________________________________________ | |
BASF SE | 33,044 | | $ | 2,230,360 | | |
Chr. Hansen Holding A/S | 33,068 | | | 2,461,011 | | |
Sika AG | 20,138 | | | 3,621,324 | | |
________________________________________________________________________________________________________ | |
| $ | 8,312,695 | | |
________________________________________________________________________________________________________ | |
Construction & Engineering — 0.0%(2) | |
________________________________________________________________________________________________________ | |
Abengoa SA, Class A(3) | 103,700 | | $ | 2,259 | | |
Abengoa SA, Class B(3) | 1,072,295 | | | 11,517 | | |
________________________________________________________________________________________________________ | |
| $ | 13,776 | | |
________________________________________________________________________________________________________ | |
Consumer Finance — 1.4% | |
________________________________________________________________________________________________________ | |
Capital One Financial Corp. | 37,245 | | $ | 3,717,051 | | |
OneMain Holdings, Inc. | 38,312 | | | 1,623,279 | | |
________________________________________________________________________________________________________ | |
| $ | 5,340,330 | | |
________________________________________________________________________________________________________ | |
Diversified Financial Services — 2.7% | |
________________________________________________________________________________________________________ | |
Berkshire Hathaway, Inc., Class B(3) | 19,981 | | $ | 4,484,336 | | |
ORIX Corp. | 357,343 | | | 6,036,403 | | |
________________________________________________________________________________________________________ | |
| $ | 10,520,739 | | |
________________________________________________________________________________________________________ | |
Electric Utilities — 2.5% | |
________________________________________________________________________________________________________ | |
Iberdrola SA | 307,398 | | $ | 3,363,348 | | |
NextEra Energy, Inc. | 23,135 | | | 6,204,807 | | |
________________________________________________________________________________________________________ | |
| $ | 9,568,155 | | |
________________________________________________________________________________________________________ | |
Electrical Equipment — 2.0% | |
________________________________________________________________________________________________________ | |
Melrose Industries PLC | 2,506,930 | | $ | 7,682,960 | | |
________________________________________________________________________________________________________ | |
| $ | 7,682,960 | | |
________________________________________________________________________________________________________ | |
Electronic Equipment, Instruments & Components — 2.5% | |
________________________________________________________________________________________________________ | |
CDW Corp. | 18,400 | | $ | 2,400,280 | | |
Keyence Corp. | 15,076 | | | 5,067,901 | | |
Murata Manufacturing Co., Ltd. | 37,529 | | | 2,124,697 | | |
________________________________________________________________________________________________________ | |
| $ | 9,592,878 | | |
________________________________________________________________________________________________________ | |
Energy Equipment & Services — 0.6% | |
________________________________________________________________________________________________________ | |
Schlumberger, Ltd. | 70,233 | | $ | 2,353,508 | | |
________________________________________________________________________________________________________ | |
| $ | 2,353,508 | | |
________________________________________________________________________________________________________ | |
Entertainment — 2.2% | |
________________________________________________________________________________________________________ | |
Nintendo Co., Ltd. | 6,288 | | $ | 2,313,076 | | |
Walt Disney Co. (The) | 44,947 | | | 6,216,620 | | |
________________________________________________________________________________________________________ | |
| $ | 8,529,696 | | |
________________________________________________________________________________________________________ | |
Equity Real Estate Investment Trusts (REITs) — 2.1% | |
________________________________________________________________________________________________________ | |
American Tower Corp. | 16,856 | | $ | 3,906,209 | | |
Equity Residential | 24,539 | | | 2,038,700 | | |
Simon Property Group, Inc.(1) | 16,557 | | | 2,204,565 | | |
________________________________________________________________________________________________________ | |
| $ | 8,149,474 | | |
________________________________________________________________________________________________________ | |
Food Products — 2.7% | |
________________________________________________________________________________________________________ | |
Mondelez International, Inc., Class A | 77,158 | | $ | 4,427,326 | | |
Nestle SA | 54,915 | | | 6,056,718 | | |
________________________________________________________________________________________________________ | |
| $ | 10,484,044 | | |
________________________________________________________________________________________________________ | |
Health Care Equipment & Supplies — 4.8% | |
________________________________________________________________________________________________________ | |
Baxter International, Inc. | 42,125 | | $ | 3,758,393 | | |
Boston Scientific Corp.(3) | 113,692 | | | 4,760,284 | | |
Danaher Corp. | 23,226 | | | 3,736,367 | | |
Intuitive Surgical, Inc.(3) | 6,399 | | | 3,582,032 | | |
Straumann Holding AG | 2,944 | | | 2,806,021 | | |
________________________________________________________________________________________________________ | |
| $ | 18,643,097 | | |
________________________________________________________________________________________________________ | |
Health Care Providers & Services — 0.9% | |
________________________________________________________________________________________________________ | |
Anthem, Inc. | 13,095 | | $ | 3,473,842 | | |
________________________________________________________________________________________________________ | |
| $ | 3,473,842 | | |
________________________________________________________________________________________________________ | |
Hotels, Restaurants & Leisure — 0.9% | |
________________________________________________________________________________________________________ | |
Compass Group PLC | 145,941 | | $ | 3,607,983 | | |
________________________________________________________________________________________________________ | |
| $ | 3,607,983 | | |
________________________________________________________________________________________________________ | |
Industrial Conglomerates — 0.9% | |
________________________________________________________________________________________________________ | |
DCC PLC | 45,654 | | $ | 3,686,193 | | |
________________________________________________________________________________________________________ | |
| $ | 3,686,193 | | |
________________________________________________________________________________________________________ | |
Insurance — 4.2% | |
________________________________________________________________________________________________________ | |
AIA Group, Ltd. | 389,726 | | $ | 3,861,774 | | |
Aviva PLC | 702,488 | | | 3,681,381 | | |
Chubb, Ltd. | 14,459 | | | 2,197,623 | | |
Progressive Corp. (The) | 43,682 | | | 3,524,701 | | |
Prudential PLC | 172,530 | | | 3,067,647 | | |
________________________________________________________________________________________________________ | |
| $ | 16,333,126 | | |
________________________________________________________________________________________________________ | |
Interactive Media & Services — 6.6% | |
________________________________________________________________________________________________________ | |
Alphabet, Inc., Class C(3) | 11,030 | | $ | 15,819,557 | | |
Facebook, Inc., Class A(3) | 31,949 | | | 6,450,823 | | |
Tencent Holdings, Ltd. | 68,730 | | | 3,277,745 | | |
________________________________________________________________________________________________________ | |
| $ | 25,548,125 | | |
________________________________________________________________________________________________________ | |
Internet & Direct Marketing Retail — 3.5% | |
________________________________________________________________________________________________________ | |
Amazon.com, Inc.(3) | 6,759 | | $ | 13,576,939 | | |
________________________________________________________________________________________________________ | |
| $ | 13,576,939 | | |
________________________________________________________________________________________________________ | |
IT Services — 3.2% | |
________________________________________________________________________________________________________ | |
Amadeus IT Group SA | 93,769 | | $ | 7,352,058 | | |
Visa, Inc., Class A | 25,435 | | | 5,060,802 | | |
________________________________________________________________________________________________________ | |
| $ | 12,412,860 | | |
________________________________________________________________________________________________________ | |
Leisure Products — 1.0% | |
________________________________________________________________________________________________________ | |
Yamaha Corp. | 75,361 | | $ | 3,849,959 | | |
________________________________________________________________________________________________________ | |
| $ | 3,849,959 | | |
________________________________________________________________________________________________________ | |
Life Sciences Tools & Services — 0.7% | |
________________________________________________________________________________________________________ | |
Lonza Group AG | 6,357 | | $ | 2,610,755 | | |
________________________________________________________________________________________________________ | |
| $ | 2,610,755 | | |
________________________________________________________________________________________________________ | |
Machinery — 8.0% | |
________________________________________________________________________________________________________ | |
Gardner Denver Holdings, Inc.(3) | 136,600 | | $ | 4,823,346 | | |
ITT, Inc. | 65,326 | | | 4,382,068 | | |
Komatsu, Ltd. | 170,030 | | | 3,759,536 | | |
Sandvik AB | 233,033 | | | 4,253,245 | | |
SMC Corp. | 7,138 | | | 3,081,254 | | |
Stanley Black & Decker, Inc. | 40,184 | | | 6,402,517 | | |
Xylem, Inc. | 52,816 | | | 4,312,955 | | |
________________________________________________________________________________________________________ | |
| $ | 31,014,921 | | |
________________________________________________________________________________________________________ | |
Metals & Mining — 1.2% | |
________________________________________________________________________________________________________ | |
Rio Tinto, Ltd. | 71,225 | | $ | 4,621,671 | | |
________________________________________________________________________________________________________ | |
| $ | 4,621,671 | | |
________________________________________________________________________________________________________ | |
Multi-Utilities — 0.9% | |
________________________________________________________________________________________________________ | |
CMS Energy Corp. | 49,842 | | $ | 3,414,675 | | |
________________________________________________________________________________________________________ | |
| $ | 3,414,675 | | |
________________________________________________________________________________________________________ | |
Oil, Gas & Consumable Fuels — 4.4% | |
________________________________________________________________________________________________________ | |
ConocoPhillips | 75,440 | | $ | 4,483,399 | | |
EOG Resources, Inc. | 45,466 | | | 3,314,926 | | |
Phillips 66 | 42,436 | | | 3,877,378 | | |
Royal Dutch Shell PLC, Class B | 208,298 | | | 5,473,363 | | |
________________________________________________________________________________________________________ | |
| $ | 17,149,066 | | |
________________________________________________________________________________________________________ | |
Personal Products — 1.5% | |
________________________________________________________________________________________________________ | |
Unilever PLC | 98,172 | | $ | 5,856,090 | | |
________________________________________________________________________________________________________ | |
| $ | 5,856,090 | | |
________________________________________________________________________________________________________ | |
Pharmaceuticals — 6.2% | |
________________________________________________________________________________________________________ | |
Eli Lilly & Co. | 33,024 | | $ | 4,611,471 | | |
GlaxoSmithKline PLC | 181,057 | | | 4,251,112 | | |
Novo Nordisk A/S, Class B | 67,597 | | | 4,114,741 | | |
Sanofi | 59,642 | | | 5,751,774 | | |
Zoetis, Inc. | 40,435 | | | 5,426,781 | | |
________________________________________________________________________________________________________ | |
| $ | 24,155,879 | | |
________________________________________________________________________________________________________ | |
Professional Services — 2.3% | |
________________________________________________________________________________________________________ | |
Recruit Holdings Co., Ltd. | 154,615 | | $ | 6,026,317 | | |
Verisk Analytics, Inc. | 18,631 | | | 3,026,978 | | |
________________________________________________________________________________________________________ | |
| $ | 9,053,295 | | |
________________________________________________________________________________________________________ | |
Semiconductors & Semiconductor Equipment — 3.5% | |
________________________________________________________________________________________________________ | |
ASML Holding NV | 17,543 | | $ | 4,923,215 | | |
Infineon Technologies AG | 198,256 | | | 4,259,122 | | |
Taiwan Semiconductor Manufacturing Co., Ltd. ADR | 82,251 | | | 4,436,619 | | |
________________________________________________________________________________________________________ | |
| $ | 13,618,956 | | |
________________________________________________________________________________________________________ | |
Software — 3.9% | |
________________________________________________________________________________________________________ | |
Microsoft Corp. | 89,488 | | $ | 15,233,542 | | |
________________________________________________________________________________________________________ | |
| $ | 15,233,542 | | |
________________________________________________________________________________________________________ | |
Specialty Retail — 3.2% | |
________________________________________________________________________________________________________ | |
Industria de Diseno Textil SA | 99,073 | | $ | 3,331,535 | | |
Lowe's Cos., Inc. | 48,525 | | | 5,640,546 | | |
TJX Cos., Inc. (The) | 61,434 | | | 3,627,063 | | |
________________________________________________________________________________________________________ | |
| $ | 12,599,144 | | |
________________________________________________________________________________________________________ | |
Technology Hardware, Storage & Peripherals — 2.9% | |
________________________________________________________________________________________________________ | |
Apple, Inc. | 36,464 | | $ | 11,285,973 | | |
________________________________________________________________________________________________________ | |
| $ | 11,285,973 | | |
________________________________________________________________________________________________________ | |
Textiles, Apparel & Luxury Goods — 1.9% | |
________________________________________________________________________________________________________ | |
adidas AG | 9,058 | | $ | 2,863,361 | | |
LVMH Moet Hennessy Louis Vuitton SE | 10,170 | | | 4,428,751 | | |
________________________________________________________________________________________________________ | |
| $ | 7,292,112 | | |
________________________________________________________________________________________________________ | |
Wireless Telecommunication Services — 1.1% | |
________________________________________________________________________________________________________ | |
Tele2 AB, Class B | 288,806 | | $ | 4,357,243 | | |
________________________________________________________________________________________________________ | |
| $ | 4,357,243 | | |
________________________________________________________________________________________________________ | |
Total Common Stocks (identified cost $309,274,644) | $ | 394,141,285 | | |
________________________________________________________________________________________________________ | |
Preferred Stocks — 7.5% | |
Security | | | Shares | | Value | |
________________________________________________________________________________________________________ | |
Banks — 2.1% | |
________________________________________________________________________________________________________ | |
AgriBank FCB, 6.875% to 1/1/24(1)(4) | 16,581 | | $ | 1,803,184 | | |
CoBank ACB, Series F, 6.25% to 10/1/22(1)(4) | 16,600 | | | 1,784,500 | | |
Farm Credit Bank of Texas, 6.75% to 9/15/23(1)(4)(5) | 2,500 | | | 271,250 | | |
Farm Credit Bank of Texas, Series 1, 10.00%(1) | 906 | | | 940,881 | | |
Texas Capital Bancshares, Inc., 6.50%(1) | 29,009 | | | 782,663 | | |
Wells Fargo & Co., Series Q, 5.85% to 9/15/23(4) | 95,350 | | | 2,591,613 | | |
________________________________________________________________________________________________________ | |
| $ | 8,174,091 | | |
________________________________________________________________________________________________________ | |
Capital Markets — 0.5% | |
________________________________________________________________________________________________________ | |
Morgan Stanley, Series K, 5.85% to 4/15/27(4) | 74,125 | | $ | 2,131,835 | | |
________________________________________________________________________________________________________ | |
| $ | 2,131,835 | | |
________________________________________________________________________________________________________ | |
Electric Utilities — 1.5% | |
________________________________________________________________________________________________________ | |
Duke Energy Corp., Series A, 5.75% | 87,500 | | $ | 2,471,875 | | |
NextEra Energy Capital Holdings, Inc., Series I, 5.125%(1) | 19,531 | | | 508,392 | | |
SCE Trust III, Series H, 5.75% to 3/15/24(4) | 107,000 | | | 2,664,300 | | |
________________________________________________________________________________________________________ | |
| $ | 5,644,567 | | |
________________________________________________________________________________________________________ | |
Equity Real Estate Investment Trusts (REITs) — 0.5% | |
________________________________________________________________________________________________________ | |
SITE Centers Corp., Series A, 6.375%(1) | 49,475 | | $ | 1,326,920 | | |
SITE Centers Corp., Series K, 6.25%(1) | 1,375 | | | 35,681 | | |
Vornado Realty Trust, Series K, 5.70%(1) | 25,220 | | | 651,180 | | |
________________________________________________________________________________________________________ | |
| $ | 2,013,781 | | |
________________________________________________________________________________________________________ | |
Food Products — 0.7% | |
________________________________________________________________________________________________________ | |
Dairy Farmers of America, Inc., 7.875%(1)(5) | 22,100 | | $ | 2,221,050 | | |
Ocean Spray Cranberries, Inc., 6.25%(1)(5) | 6,085 | | | 529,395 | | |
________________________________________________________________________________________________________ | |
| $ | 2,750,445 | | |
________________________________________________________________________________________________________ | |
Insurance — 0.3% | |
________________________________________________________________________________________________________ | |
American Equity Investment Life Holding Co., Series A, 5.95% to 12/1/24(4) | 37,300 | | $ | 979,498 | | |
________________________________________________________________________________________________________ | |
| $ | 979,498 | | |
________________________________________________________________________________________________________ | |
Multi-Utilities — 0.1% | |
________________________________________________________________________________________________________ | |
DTE Energy Co., Series C, 5.25%(1) | 17,395 | | $ | 447,225 | | |
________________________________________________________________________________________________________ | |
| $ | 447,225 | | |
________________________________________________________________________________________________________ | |
Oil, Gas & Consumable Fuels — 0.8% | |
________________________________________________________________________________________________________ | |
NuStar Energy, L.P., Series B, 7.625% to 6/15/22(1)(4) | 128,725 | | $ | 2,925,919 | | |
________________________________________________________________________________________________________ | |
| $ | 2,925,919 | | |
________________________________________________________________________________________________________ | |
Pipelines — 0.4% | |
________________________________________________________________________________________________________ | |
Energy Transfer Operating, L.P., Series C, 7.375% to 5/15/23(4) | 44,000 | | $ | 1,081,520 | | |
Energy Transfer Operating, L.P., Series E, 7.60% to 5/15/24(4) | 19,280 | | | 485,856 | | |
________________________________________________________________________________________________________ | |
| $ | 1,567,376 | | |
________________________________________________________________________________________________________ | |
Real Estate Management & Development — 0.6% | |
________________________________________________________________________________________________________ | |
Brookfield Property Partners, L.P., Series A, 6.50% | 52,225 | | $ | 1,389,185 | | |
Brookfield Property Partners, L.P., Series A2, 6.375% | 38,650 | | | 1,026,544 | | |
________________________________________________________________________________________________________ | |
| $ | 2,415,729 | | |
________________________________________________________________________________________________________ | |
Total Preferred Stocks (identified cost $28,213,772) | $ | 29,050,466 | | |
________________________________________________________________________________________________________ | |
Corporate Bonds & Notes — 16.2% | |
Security | | Principal Amount (000's omitted) | | Value | |
________________________________________________________________________________________________________ | |
Air Freight & Logistics — 0.3% | |
________________________________________________________________________________________________________ | |
Atlas Air Worldwide Holdings, Inc., 2.25%, 6/1/22 (Convertible) | $ | 1,155 | | $ | 1,065,168 | | |
________________________________________________________________________________________________________ | |
| $ | 1,065,168 | | |
________________________________________________________________________________________________________ | |
Automobiles — 0.3% | |
________________________________________________________________________________________________________ | |
General Motors Financial Co., Inc., Series A, 5.75% to 9/30/27 (1)(4)(6) | $ | 1,354 | | $ | 1,363,904 | | |
________________________________________________________________________________________________________ | |
| $ | 1,363,904 | | |
________________________________________________________________________________________________________ | |
Banks — 9.4% | |
________________________________________________________________________________________________________ | |
Banco Bilbao Vizcaya Argentaria SA, 6.125% to 11/16/27 (1)(4)(6) | $ | 2,400 | | $ | 2,527,236 | | |
Banco Mercantil del Norte SA/Grand Cayman, 7.50% to 6/27/29 (4)(5)(6) | | 1,480 | | | 1,677,965 | | |
Banco Mercantil del Norte SA/Grand Cayman, 7.625% to 1/10/28 (4)(5)(6) | | 380 | | | 426,654 | | |
Bank of America Corp., Series AA, 6.10% to 3/17/25 (1)(4)(6) | | 1,445 | | | 1,620,864 | | |
Bank of America Corp., Series FF, 5.875% to 3/15/28 (1)(4)(6) | | 910 | | | 1,018,804 | | |
Barclays PLC, 7.75% to 9/15/23 (4)(6) | | 2,105 | | | 2,306,438 | | |
Citigroup, Inc., Series M, 6.30% to 5/15/24 (1)(4)(6) | | 2,800 | | | 3,041,654 | | |
Credit Suisse Group AG, 7.50% to 7/17/23 (4)(5)(6) | | 1,838 | | | 2,026,478 | | |
HSBC Holdings PLC, 6.375% to 9/17/24 (4)(6) | | 2,920 | | | 3,173,879 | | |
ING Groep NV, 6.50% to 4/16/25 (4)(6) | | 2,945 | | | 3,254,078 | | |
JPMorgan Chase & Co., Series X, 6.10% to 10/1/24 (1)(4)(6) | | 2,824 | | | 3,117,993 | | |
Lloyds Banking Group PLC, 7.50% to 6/27/24 (1)(4)(6) | | 2,447 | | | 2,746,574 | | |
Macquarie Bank, Ltd., 6.125% to 3/8/27 (4)(5)(6) | | 282 | | | 299,860 | | |
Nordea Bank Abp, 6.125% to 9/23/24 (4)(5)(6) | | 2,000 | | | 2,161,390 | | |
Royal Bank of Scotland Group PLC, 8.00% to 8/10/25 (1)(4)(6) | | 805 | | | 940,767 | | |
Societe Generale SA, 6.75% to 4/6/28 (1)(4)(5)(6) | | 1,390 | | | 1,563,145 | | |
Standard Chartered PLC, 7.75% to 4/2/23 (1)(4)(5)(6) | | 1,765 | | | 1,951,190 | | |
Truist Financial Corp., Series M, 5.125% to 12/15/27 (1)(4)(6) | | 540 | | | 568,790 | | |
Zions Bancorp NA, 5.80% to 6/15/23 (1)(4)(6) | | 2,020 | | | 2,099,265 | | |
________________________________________________________________________________________________________ | |
| $ | 36,523,024 | | |
________________________________________________________________________________________________________ | |
Capital Markets — 1.4% | |
________________________________________________________________________________________________________ | |
AerCap Holdings NV, 5.875% to 10/10/24, 10/10/79(4) | $ | 965 | | $ | 1,034,263 | | |
Charles Schwab Corp. (The), Series F, 5.00% to 12/1/27 (1)(4)(6) | | 1,820 | | | 1,917,033 | | |
UBS Group AG, 6.875% to 8/7/25 (1)(4)(6)(7) | | 2,421 | | | 2,719,841 | | |
________________________________________________________________________________________________________ | |
| $ | 5,671,137 | | |
________________________________________________________________________________________________________ | |
Diversified Financial Services — 0.5% | |
________________________________________________________________________________________________________ | |
Discover Financial Services, Series C, 5.50% to 10/30/27 (4)(6) | $ | 1,460 | | $ | 1,550,615 | | |
Textron Financial Corp., 3.645%, (3 mo. USD LIBOR + 1.735%), 2/15/67(1)(5)(8) | | 553 | | | 451,635 | | |
________________________________________________________________________________________________________ | |
| $ | 2,002,250 | | |
________________________________________________________________________________________________________ | |
Electric Utilities — 0.5% | |
________________________________________________________________________________________________________ | |
Emera, Inc., Series 16-A, 6.75% to 6/15/26, 6/15/76(4) | $ | 970 | | $ | 1,117,387 | | |
Southern Co. (The), Series B, 5.50% to 3/15/22, 3/15/57(1)(4) | | 808 | | | 846,526 | | |
________________________________________________________________________________________________________ | |
| $ | 1,963,913 | | |
________________________________________________________________________________________________________ | |
Food Products — 0.8% | |
________________________________________________________________________________________________________ | |
Land O' Lakes, Inc., 8.00% (1)(5)(6) | $ | 3,103 | | $ | 3,134,030 | | |
________________________________________________________________________________________________________ | |
| $ | 3,134,030 | | |
________________________________________________________________________________________________________ | |
Gas Utilities — 0.5% | |
________________________________________________________________________________________________________ | |
NiSource, Inc., 5.65% to 6/15/23 (4)(6) | $ | 1,785 | | $ | 1,866,200 | | |
________________________________________________________________________________________________________ | |
| $ | 1,866,200 | | |
________________________________________________________________________________________________________ | |
Multi-Utilities — 0.5% | |
________________________________________________________________________________________________________ | |
Centerpoint Energy, Inc., Series A, 6.125% to 9/1/23 (4)(6) | $ | 1,400 | | $ | 1,491,973 | | |
Dominion Resources, Inc., 5.75% to 10/1/24, 10/1/54(1)(4) | | 275 | | | 299,878 | | |
________________________________________________________________________________________________________ | |
| $ | 1,791,851 | | |
________________________________________________________________________________________________________ | |
Oil, Gas & Consumable Fuels — 1.4% | |
________________________________________________________________________________________________________ | |
DCP Midstream, L.P., Series A, 7.375% to 12/15/22 (4)(6) | $ | 980 | | $ | 927,810 | | |
EnLink Midstream Partners, L.P., Series C, 6.00% to 12/15/22 (1)(4)(6) | | 2,922 | | | 2,048,132 | | |
Odebrecht Oil & Gas Finance, Ltd., 0.00% (1)(5)(6) | | 2,260 | | | 22,598 | | |
Plains All American Pipeline, L.P., Series B, 6.125% to 11/15/22 (1)(4)(6) | | 2,595 | | | 2,408,277 | | |
________________________________________________________________________________________________________ | |
| $ | 5,406,817 | | |
________________________________________________________________________________________________________ | |
Pharmaceuticals — 0.3% | |
________________________________________________________________________________________________________ | |
Teva Pharmaceutical Finance Netherlands III B.V., 6.00%, 4/15/24 | $ | 1,025 | | $ | 1,045,075 | | |
________________________________________________________________________________________________________ | |
| $ | 1,045,075 | | |
________________________________________________________________________________________________________ | |
Pipelines — 0.3% | |
________________________________________________________________________________________________________ | |
Energy Transfer Operating, L.P., Series A, 6.25% to 2/15/23 (1)(4)(6) | $ | 1,064 | | $ | 1,012,656 | | |
________________________________________________________________________________________________________ | |
| $ | 1,012,656 | | |
________________________________________________________________________________________________________ | |
Total Corporate Bonds & Notes (identified cost $61,249,954) | $ | 62,846,025 | | |
________________________________________________________________________________________________________ | |
Exchange-Traded Funds — 3.8% | |
Security | | Shares | | | Value | | |
________________________________________________________________________________________________________ | |
Equity Funds — 3.8% | |
________________________________________________________________________________________________________ | |
First Trust Preferred Securities and Income ETF(1) | 411,866 | | $ | 8,332,049 | | |
SPDR S&P 500 ETF Trust(1) | 20,209 | | | 6,501,842 | | |
________________________________________________________________________________________________________ | |
| $ | 14,833,891 | | |
________________________________________________________________________________________________________ | |
Total Exchange-Traded Funds (identified cost $14,911,671) | $ | 14,833,891 | | |
________________________________________________________________________________________________________ | |
Short-Term Investments — 1.2% | |
Description | | Units | | Value | | |
________________________________________________________________________________________________________ | |
Eaton Vance Cash Reserves Fund, LLC, 1.74%(9) | | 4,739,588 | | $ | 4,740,062 | | |
________________________________________________________________________________________________________ | |
Total Short-Term Investments (identified cost $4,739,958) | $ | 4,740,062 | | |
________________________________________________________________________________________________________ | |
Total Investments — 130.2% (identified cost $418,389,999) | $ | 505,611,729 | | |
________________________________________________________________________________________________________ | |
Other Assets, Less Liabilities — (30.2)% | | $ | (117,316,128) | | |
________________________________________________________________________________________________________ | |
Net Assets — 100.0% | | $ | 388,295,601 | | |
________________________________________________________________________________________________________ | |
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The percentage shown for each investment category in the Portfolio of Investments is based on net assets. | |
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(1) | Security (or a portion thereof) has been segregated as collateral with the custodian for borrowings under the Credit Agreement. | |
(2) | Amount is less than 0.05%. | |
(3) | Non-income producing security. | |
(4) | Security converts to variable rate after the indicated fixed-rate coupon period. | |
(5) | Security exempt from registration pursuant to Rule 144A under the Securities Act of 1933, as amended. These securities may be sold in certain transactions in reliance on an exemption from registration (normally to qualified institutional buyers). At January 31, 2020, the aggregate value of these securities is $16,736,640 or 4.3% of the Fund's net assets. | |
(6) | Perpetual security with no stated maturity date but may be subject to calls by the issuer. | |
(7) | Security exempt from registration under Regulation S of the Securities Act of 1933, which exempts from registration securities offered and sold outside the United States. Security may not be offered or sold in the United States except pursuant to an exemption from, or in a transaction not subject to, the registration requirements of the Securities Act of 1933. At January 31, 2020, the aggregate value of these securities is $2,719,841 or 0.7% of the Fund's net assets. | |
(8) | Variable rate security. The stated dividend/interest rate represents the rate in effect at January 31, 2020. | |
(9) | Affiliated investment company, available to Eaton Vance portfolios and funds, which invests in high quality, U.S. dollar denominated money market instruments. The rate shown is the annualized seven-day yield as of January 31, 2020. | |
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