Baird Funds NPORT-P Baird Aggregate Bond Fund (Mar 2024 report)

Baird Aggregate Bond Fund
Schedule of Investments
as of March 31, 2024 (Unaudited)
CORPORATE BONDS - 35.9%	Par		Value
Financials - 15.7%
ABN AMRO Bank NV
4.75%, 07/28/2025  (a)	$	62,453,000	$	61,493,335
4.80%, 04/18/2026  (a)		42,935,000		42,077,478
1.54% to 06/16/2026 then 1 yr. CMT Rate + 0.80%, 06/16/2027 (Callable 06/16/2026) (a)		16,900,000		15,402,036
6.34% to 09/18/2026 then 1 yr. CMT Rate + 1.65%, 09/18/2027 (Callable 09/18/2026) (a)		31,025,000		31,566,837
3.32% to 03/13/2032 then 5 yr. CMT Rate + 1.90%, 03/13/2037 (Callable 12/13/2031) (a)		5,000,000		4,071,153
AerCap Holdings NV
2.45%, 10/29/2026 (Callable 09/29/2026)		9,350,000		8,680,312
6.45%, 04/15/2027 (Callable 03/15/2027) (a)		19,546,000		20,075,718
5.75%, 06/06/2028 (Callable 05/06/2028)		30,000,000		30,378,017
3.00%, 10/29/2028 (Callable 08/29/2028)		17,441,000		15,789,573
3.30%, 01/30/2032 (Callable 10/30/2031)		10,000,000		8,579,986
Agree LP
2.90%, 10/01/2030 (Callable 07/01/2030)		5,000,000		4,299,667
4.80%, 10/01/2032 (Callable 07/01/2032)		7,000,000		6,627,054
AIB Group PLC
7.58% to 10/14/2025 then SOFR + 3.46%, 10/14/2026 (Callable 10/14/2025) (a)		34,199,000		35,095,474
6.61% to 09/13/2028 then SOFR + 2.33%, 09/13/2029 (Callable 09/13/2028) (a)		20,885,000		21,778,006
5.87% to 03/28/2034 then SOFR + 1.91%, 03/28/2035 (Callable 03/28/2034) (a)		35,500,000		35,659,804
AIG SunAmerica Global Financing X, 6.90%, 03/15/2032  (a)		25,000,000		27,521,645
Air Lease Corp.
2.30%, 02/01/2025 (Callable 01/01/2025)		15,000,000		14,567,770
5.85%, 12/15/2027 (Callable 11/15/2027)		10,000,000		10,162,919
Aircastle Ltd., 5.95%, 02/15/2029 (Callable 01/15/2029) (a)		15,000,000		15,007,937
American International Group, Inc.
5.13%, 03/27/2033 (Callable 12/27/2032)		10,500,000		10,451,783
6.82%, 11/15/2037		1,410,000		1,521,882
AmFam Holdings, Inc., 2.81%, 03/11/2031 (Callable 12/11/2030) (a)		5,000,000		3,822,231
Aon Corp. / Aon Global Holdings PLC, 3.90%, 02/28/2052 (Callable 08/28/2051)		5,000,000		3,847,128
Aon North America, Inc., 5.75%, 03/01/2054 (Callable 09/01/2053)		10,600,000		10,855,534
Aon PLC
3.88%, 12/15/2025 (Callable 09/15/2025)		9,126,000		8,925,544
4.45%, 05/24/2043 (Callable 02/24/2043)		1,274,000		1,068,290
Arthur J Gallagher & Co.
3.50%, 05/20/2051 (Callable 11/20/2050)		5,625,000		4,004,036
5.75%, 03/02/2053 (Callable 09/02/2052)		5,000,000		5,025,877
5.75%, 07/15/2054 (Callable 01/15/2054)		9,000,000		9,036,610
ASB Bank Ltd.
5.35%, 06/15/2026  (a)		23,625,000		23,652,088
5.28% to 06/17/2027 then 5 yr. CMT Rate + 2.25%, 06/17/2032 (Callable 06/17/2027) (a)		4,000,000		3,939,465
Australia & New Zealand Banking Group Ltd.
2.95% to 07/22/2025 then 5 yr. CMT Rate + 1.29%, 07/22/2030 (Callable 07/22/2025) (a)		5,000,000		4,803,045
6.74%, 12/08/2032  (a)		38,113,000		40,962,270
2.57% to 11/25/2030 then 5 yr. CMT Rate + 1.70%, 11/25/2035 (Callable 11/25/2030) (a)		15,000,000		12,292,306
Aviation Capital Group LLC
6.25%, 04/15/2028 (Callable 03/15/2028) (a)		10,000,000		10,211,865
6.38%, 07/15/2030 (Callable 05/15/2030) (a)		6,500,000		6,695,936
Banco Bilbao Vizcaya Argentaria SA, 1.13%, 09/18/2025		25,000,000		23,477,438
Banco Santander SA
2.75%, 05/28/2025		7,000,000		6,763,656
5.18%, 11/19/2025		25,983,000		25,692,746
1.72% to 09/14/2026 then 1 yr. CMT Rate + 0.90%, 09/14/2027 (Callable 09/14/2026)		11,325,000		10,331,317
4.38%, 04/12/2028		13,400,000		12,974,387
6.61%, 11/07/2028		15,000,000		15,865,111
5.54% to 03/14/2029 then 1 yr. CMT Rate + 1.45%, 03/14/2030 (Callable 03/14/2029)		15,000,000		14,993,650
3.49%, 05/28/2030		5,000,000		4,533,632
2.75%, 12/03/2030		19,250,000		15,892,978
3.23% to 11/22/2031 then 1 yr. CMT Rate + 1.60%, 11/22/2032 (Callable 08/22/2031)		35,000,000		29,120,529
6.92%, 08/08/2033		9,800,000		10,262,802
6.35%, 03/14/2034		25,000,000		25,052,889
Bank of America Corp.
3.09% to 10/01/2024 then 3 mo. Term SOFR + 1.35%, 10/01/2025 (Callable 10/01/2024)		10,000,000		9,868,584
2.46% to 10/22/2024 then 3 mo. Term SOFR + 1.13%, 10/22/2025 (Callable 10/22/2024)		17,775,000		17,456,132
5.08% to 01/20/2026 then SOFR + 1.29%, 01/20/2027 (Callable 01/20/2026)		12,500,000		12,439,695
3.56% to 04/23/2026 then 3 mo. Term SOFR + 1.32%, 04/23/2027 (Callable 04/23/2026)		9,000,000		8,689,264
1.73% to 07/22/2026 then SOFR + 0.96%, 07/22/2027 (Callable 07/22/2026)		35,000,000		32,280,218
4.38% to 04/27/2027 then SOFR + 1.58%, 04/27/2028 (Callable 04/27/2027)		16,000,000		15,624,531
6.20% to 11/10/2027 then SOFR + 1.99%, 11/10/2028 (Callable 11/10/2027)		11,425,000		11,824,837
3.42% to 12/20/2027 then 3 mo. Term SOFR + 1.30%, 12/20/2028 (Callable 12/20/2027)		37,683,000		35,330,008
3.97% to 03/05/2028 then 3 mo. Term SOFR + 1.33%, 03/05/2029 (Callable 03/05/2028)		14,230,000		13,607,947
2.09% to 06/14/2028 then SOFR + 1.06%, 06/14/2029 (Callable 06/14/2028)		15,000,000		13,266,648
4.27% to 07/23/2028 then 3 mo. Term SOFR + 1.57%, 07/23/2029 (Callable 07/23/2028)		39,571,000		38,147,315
3.19% to 07/23/2029 then 3 mo. Term SOFR + 1.44%, 07/23/2030 (Callable 07/23/2029)		5,000,000		4,542,465
2.50% to 02/13/2030 then 3 mo. Term SOFR + 1.25%, 02/13/2031 (Callable 02/13/2030)		13,000,000		11,206,285
2.59% to 04/29/2030 then SOFR + 2.15%, 04/29/2031 (Callable 04/29/2030)		60,000,000		51,763,450
1.90% to 07/23/2030 then SOFR + 1.53%, 07/23/2031 (Callable 07/23/2030)		10,000,000		8,212,967
1.92% to 10/24/2030 then SOFR + 1.37%, 10/24/2031 (Callable 10/24/2030)		5,000,000		4,076,412
2.69% to 04/22/2031 then SOFR + 1.32%, 04/22/2032 (Callable 04/22/2031)		15,000,000		12,723,270
2.30% to 07/21/2031 then SOFR + 1.22%, 07/21/2032 (Callable 07/21/2031)		5,000,000		4,096,307
2.97% to 02/04/2032 then SOFR + 1.33%, 02/04/2033 (Callable 02/04/2032)		10,000,000		8,508,007
5.02% to 07/22/2032 then SOFR + 2.16%, 07/22/2033 (Callable 07/22/2032)		5,000,000		4,922,729
5.29% to 04/25/2033 then SOFR + 1.91%, 04/25/2034 (Callable 04/25/2033)		16,500,000		16,451,464
5.47% to 01/23/2034 then SOFR + 1.65%, 01/23/2035 (Callable 01/23/2034)		10,000,000		10,079,331
7.75%, 05/14/2038		1,138,000		1,382,198
Bank of Ireland Group PLC
6.25% to 09/16/2025 then 1 yr. CMT Rate + 2.65%, 09/16/2026 (Callable 09/16/2025) (a)		8,864,000		8,915,511
2.03% to 09/30/2026 then 1 yr. CMT Rate + 1.10%, 09/30/2027 (Callable 09/30/2026) (a)		20,000,000		18,279,600
5.60% (SOFR + 1.62%), 03/20/2030 (Callable 03/20/2029) (a)		20,000,000		19,975,200
Bank of Nova Scotia
4.50%, 12/16/2025		8,500,000		8,361,169
5.25%, 06/12/2028		10,000,000		10,088,902
Banque Federative du Credit Mutuel SA
4.75%, 07/13/2027  (a)		22,290,000		22,035,408
5.79%, 07/13/2028  (a)		12,000,000		12,306,269
Barclays PLC
3.65%, 03/16/2025		8,100,000		7,945,492
3.93% to 05/07/2024 then 3 mo. LIBOR US + 1.61%, 05/07/2025 (Callable 05/07/2024) (b)		34,300,000		34,230,272
2.85% to 05/07/2025 then SOFR + 2.71%, 05/07/2026 (Callable 05/07/2025)		10,000,000		9,694,349
4.34%, 01/10/2028 (Callable 01/10/2027)		20,000,000		19,306,039
6.49% to 09/13/2028 then SOFR + 2.22%, 09/13/2029 (Callable 09/13/2028)		17,000,000		17,670,397
5.69% to 03/12/2029 then SOFR + 1.74%, 03/12/2030 (Callable 03/12/2029)		18,000,000		18,101,577
6.22% to 05/09/2033 then SOFR + 2.98%, 05/09/2034 (Callable 05/09/2033)		34,000,000		35,080,197
6.69% to 09/13/2033 then SOFR + 2.62%, 09/13/2034 (Callable 09/13/2033)		32,225,000		34,416,233
BBVA USA, 3.88%, 04/10/2025 (Callable 03/10/2025)		6,110,000		6,006,964
Belrose Funding Trust, 2.33%, 08/15/2030 (Callable 05/15/2030) (a)		13,950,000		11,215,920
Berkshire Hathaway Finance Corp., 4.40%, 05/15/2042		3,500,000		3,283,312
BNP Paribas SA
2.82% to 11/19/2024 then 3 mo. Term SOFR + 1.37%, 11/19/2025 (Callable 11/19/2024) (a)		17,100,000		16,771,799
4.38%, 05/12/2026  (a)		45,131,000		43,930,452
2.22% to 06/09/2025 then SOFR + 2.07%, 06/09/2026 (Callable 06/09/2025) (a)		15,000,000		14,423,715
1.32% to 01/13/2026 then SOFR + 1.00%, 01/13/2027 (Callable 01/13/2026) (a)		28,350,000		26,358,209
4.63%, 03/13/2027  (a)		2,325,000		2,268,684
2.59% to 01/20/2027 then SOFR + 1.23%, 01/20/2028 (Callable 01/20/2027) (a)		2,175,000		2,014,710
1.90% to 09/30/2027 then SOFR + 1.61%, 09/30/2028 (Callable 09/30/2027) (a)		27,000,000		24,032,815
5.34% (1 yr. CMT Rate + 1.50%), 06/12/2029 (Callable 06/12/2028) (a)		13,025,000		13,094,488
2.16% to 09/15/2028 then SOFR + 1.22%, 09/15/2029 (Callable 09/15/2028) (a)		19,538,000		17,098,168
5.18% to 01/09/2029 then SOFR + 1.52%, 01/09/2030 (Callable 01/09/2029) (a)		6,500,000		6,498,286
2.87% to 04/19/2031 then 3 mo. Term SOFR + 1.39%, 04/19/2032 (Callable 04/19/2031) (a)		32,075,000		27,253,808
3.13% to 01/20/2032 then SOFR + 1.56%, 01/20/2033 (Callable 01/20/2032) (a)		10,000,000		8,516,702
2.59% to 08/12/2030 then 5 yr. CMT Rate + 2.05%, 08/12/2035 (Callable 08/12/2030) (a)		14,000,000		11,482,277
BPCE SA
5.15%, 07/21/2024  (a)		31,285,000		31,153,627
2.38%, 01/14/2025  (a)		12,000,000		11,683,829
4.50%, 03/15/2025  (a)		55,492,000		54,669,465
1.65% to 10/06/2025 then SOFR + 1.52%, 10/06/2026 (Callable 10/06/2025) (a)		25,000,000		23,476,314
5.72% to 01/18/2029 then 1 yr. CMT Rate + 1.96%, 01/18/2030 (Callable 01/18/2029) (a)		5,400,000		5,428,043
2.28% to 01/20/2031 then SOFR + 1.31%, 01/20/2032 (Callable 01/20/2031) (a)		12,850,000		10,423,424
3.12% to 10/19/2031 then SOFR + 1.73%, 10/19/2032 (Callable 10/19/2031) (a)		43,420,000		35,560,471
7.00% to 10/19/2033 then SOFR + 2.59%, 10/19/2034 (Callable 10/19/2033) (a)		10,000,000		10,896,772
6.51% to 01/18/2034 then 1 yr. CMT Rate + 2.79%, 01/18/2035 (Callable 01/18/2034) (a)		12,500,000		12,718,721
Brown & Brown, Inc.
4.50%, 03/15/2029 (Callable 12/15/2028)		23,825,000		23,148,257
2.38%, 03/15/2031 (Callable 12/15/2030)		36,789,000		30,504,900
4.20%, 03/17/2032 (Callable 12/17/2031)		15,000,000		13,858,841
4.95%, 03/17/2052 (Callable 09/17/2051)		9,500,000		8,383,008
Canadian Imperial Bank of Commerce
5.62%, 07/17/2026		15,000,000		15,138,724
6.09%, 10/03/2033 (Callable 07/03/2033)		20,000,000		21,062,755
Cantor Fitzgerald LP, 4.50%, 04/14/2027 (Callable 01/14/2027) (a)		17,450,000		16,629,552
Capital One Financial Corp.
3.30%, 10/30/2024 (Callable 09/30/2024)		2,998,000		2,957,222
3.65%, 05/11/2027 (Callable 04/11/2027)		26,750,000		25,583,121
6.31% to 06/08/2028 then SOFR + 2.64%, 06/08/2029 (Callable 06/08/2028)		36,205,000		37,251,794
3.27% to 03/01/2029 then SOFR + 1.79%, 03/01/2030 (Callable 03/01/2029)		23,862,000		21,488,387
7.62% to 10/30/2030 then SOFR + 3.07%, 10/30/2031 (Callable 10/30/2030)		8,000,000		8,839,697
5.82% to 02/01/2033 then SOFR + 2.60%, 02/01/2034 (Callable 02/01/2033)		12,700,000		12,692,843
6.05% to 02/01/2034 then SOFR + 2.26%, 02/01/2035 (Callable 02/01/2034)		7,950,000		8,097,951
Centene Corp.
3.00%, 10/15/2030 (Callable 07/15/2030)		13,061,000		11,193,668
2.50%, 03/01/2031 (Callable 12/01/2030)		35,000,000		28,803,947
2.63%, 08/01/2031 (Callable 05/01/2031)		12,000,000		9,851,864
Charles Schwab Corp., 2.90%, 03/03/2032 (Callable 12/03/2031)		5,000,000		4,290,089
Citigroup, Inc.
3.70%, 01/12/2026		4,500,000		4,383,053
3.11% to 04/08/2025 then SOFR + 2.84%, 04/08/2026 (Callable 04/08/2025)		20,000,000		19,495,963
3.89% to 01/10/2027 then 3 mo. Term SOFR + 1.82%, 01/10/2028 (Callable 01/10/2027)		40,600,000		39,161,700
3.67% to 07/24/2027 then 3 mo. Term SOFR + 1.65%, 07/24/2028 (Callable 07/24/2027)		3,142,000		2,988,093
3.52% to 10/27/2027 then 3 mo. Term SOFR + 1.41%, 10/27/2028 (Callable 10/27/2027)		11,500,000		10,849,216
4.41% to 03/31/2030 then SOFR + 3.91%, 03/31/2031 (Callable 03/31/2030)		26,105,000		24,889,696
2.57% to 06/03/2030 then SOFR + 2.11%, 06/03/2031 (Callable 06/03/2030)		25,000,000		21,347,480
2.56% to 05/01/2031 then SOFR + 1.17%, 05/01/2032 (Callable 05/01/2031)		6,000,000		5,000,783
2.52% to 11/03/2031 then SOFR + 1.18%, 11/03/2032 (Callable 11/03/2031)		11,085,000		9,094,855
3.79% to 03/17/2032 then SOFR + 1.94%, 03/17/2033 (Callable 03/17/2032)		18,000,000		16,093,073
6.27% to 11/17/2032 then SOFR + 2.34%, 11/17/2033 (Callable 11/17/2032)		29,000,000		30,616,493
Citizens Bank NA
2.25%, 04/28/2025 (Callable 03/28/2025)		20,000,000		19,245,396
3.75%, 02/18/2026 (Callable 11/18/2025)		12,120,000		11,713,238
Citizens Financial Group, Inc.
2.85%, 07/27/2026 (Callable 04/27/2026)		10,000,000		9,386,770
5.84% to 01/23/2029 then SOFR + 2.01%, 01/23/2030 (Callable 01/23/2029)		10,000,000		9,980,925
3.25%, 04/30/2030 (Callable 01/30/2030)		28,025,000		24,701,303
CNA Financial Corp.
4.50%, 03/01/2026 (Callable 12/01/2025)		14,000,000		13,809,225
3.45%, 08/15/2027 (Callable 05/15/2027)		12,000,000		11,350,132
3.90%, 05/01/2029 (Callable 02/01/2029)		7,000,000		6,628,049
2.05%, 08/15/2030 (Callable 05/15/2030)		1,000,000		837,866
5.50%, 06/15/2033 (Callable 03/15/2033)		14,225,000		14,430,493
CNO Global Funding, 2.65%, 01/06/2029  (a)		10,000,000		8,713,857
Comerica Bank
4.00%, 07/27/2025		10,000,000		9,703,277
5.33% to 08/25/2032 then SOFR + 2.61%, 08/25/2033 (Callable 08/25/2032)		15,325,000		13,948,015
Commonwealth Bank of Australia
2.69%, 03/11/2031  (a)		15,000,000		12,482,873
3.78%, 03/14/2032  (a)		10,000,000		8,843,093
5.84%, 03/13/2034  (a)		16,000,000		16,085,947
3.61% to 09/12/2029 then 5 yr. CMT Rate + 2.05%, 09/12/2034 (Callable 09/12/2029) (a)		10,000,000		9,015,073
3.74%, 09/12/2039  (a)		23,500,000		18,796,087
Cooperatieve Rabobank UA
4.38%, 08/04/2025		20,397,000		20,044,969
3.75%, 07/21/2026		20,829,000		20,023,383
Corebridge Global Funding, 5.20%, 01/12/2029  (a)		5,000,000		5,009,387
Credit Agricole SA
4.38%, 03/17/2025  (a)		4,204,000		4,139,457
1.25% to 01/26/2026 then SOFR + 0.89%, 01/26/2027 (Callable 01/26/2026) (a)		20,000,000		18,539,462
6.32% to 10/03/2028 then SOFR + 1.86%, 10/03/2029 (Callable 10/03/2028) (a)		22,000,000		22,833,663
3.25%, 01/14/2030  (a)		6,800,000		6,039,736
4.00% to 01/10/2028 then 5 Yr. Swap Rate USD + 1.64%, 01/10/2033 (Callable 01/10/2028) (a)		8,000,000		7,467,481
5.51%, 07/05/2033  (a)		32,000,000		32,811,642
6.25% to 01/10/2034 then SOFR + 2.67%, 01/10/2035 (Callable 01/10/2034) (a)		3,000,000		3,051,677
Credit Suisse AG, 3.63%, 09/09/2024		4,325,000		4,284,505
Credit Suisse USA, Inc., 7.13%, 07/15/2032		5,063,000		5,677,082
Danske Bank AS, 1.62% to 09/11/2025 then 1 yr. CMT Rate + 1.35%, 09/11/2026 (Callable 09/11/2025) (a)		20,000,000		18,832,010
Deutsche Bank AG
3.70%, 05/30/2024		10,000,000		9,958,770
2.13% to 11/24/2025 then SOFR + 1.87%, 11/24/2026 (Callable 11/24/2025)		22,755,000		21,462,030
7.15% to 07/13/2026 then SOFR + 2.52%, 07/13/2027 (Callable 07/13/2026)		32,425,000		33,328,127
2.31% to 11/16/2026 then SOFR + 1.22%, 11/16/2027 (Callable 11/16/2026)		19,435,000		17,760,314
6.72% to 01/18/2028 then SOFR + 3.18%, 01/18/2029 (Callable 01/18/2028)		10,000,000		10,348,129
6.82% to 11/20/2028 then SOFR + 2.51%, 11/20/2029 (Callable 11/20/2028)		15,151,000		15,849,735
3.04% to 05/28/2031 then SOFR + 1.72%, 05/28/2032 (Callable 05/28/2031)		14,000,000		11,799,986
Deutsche Bank AG/New York NY, 3.74% to 01/07/2032 then SOFR + 2.26%, 01/07/2033 (Callable 10/07/2031)		39,625,000		32,759,960
Digital Realty Trust LP, 5.55%, 01/15/2028 (Callable 12/15/2027)		9,775,000		9,845,563
Discover Bank
3.45%, 07/27/2026 (Callable 04/27/2026)		22,000,000		20,931,776
4.65%, 09/13/2028 (Callable 06/13/2028)		32,508,000		31,481,569
Discover Financial Services
3.95%, 11/06/2024 (Callable 08/06/2024)		10,000,000		9,885,947
4.10%, 02/09/2027 (Callable 11/09/2026)		38,019,000		36,695,609
7.96% to 11/02/2033 then SOFR + 3.37%, 11/02/2034 (Callable 11/02/2033)		23,000,000		26,069,503
DNB Bank ASA
1.13% to 09/16/2025 then 1 yr. CMT Rate + 0.85%, 09/16/2026 (Callable 09/16/2025) (a)		2,000,000		1,875,300
1.54% to 05/25/2026 then 1 yr. CMT Rate + 0.72%, 05/25/2027 (Callable 05/25/2026) (a)		15,000,000		13,816,463
Elevance Health, Inc.
5.10%, 01/15/2044		1,584,000		1,505,605
4.38%, 12/01/2047 (Callable 06/01/2047)		8,650,000		7,441,808
5.13%, 02/15/2053 (Callable 08/15/2052)		8,150,000		7,812,243
Extra Space Storage LP
3.50%, 07/01/2026 (Callable 04/01/2026)		6,819,000		6,543,760
5.70%, 04/01/2028 (Callable 03/01/2028)		10,000,000		10,178,975
5.50%, 07/01/2030 (Callable 05/01/2030)		10,000,000		10,108,582
2.55%, 06/01/2031 (Callable 03/01/2031)		10,000,000		8,307,678
Federation des Caisses Desjardins du Quebec
4.55%, 08/23/2027  (a)		11,000,000		10,853,628
5.70%, 03/14/2028  (a)		18,000,000		18,280,552
Fifth Third Bancorp, 4.77% to 07/28/2029 then SOFR + 2.13%, 07/28/2030 (Callable 07/28/2029)		7,525,000		7,248,134
FirstMerit Bank NA, 4.27%, 11/25/2026		4,600,000		4,376,589
Five Corners Funding Trust II, 2.85%, 05/15/2030 (Callable 02/15/2030) (a)		30,000,000		26,312,257
Five Corners Funding Trust III, 5.79%, 02/15/2033 (Callable 11/15/2032) (a)		8,000,000		8,245,568
Five Corners Funding Trust IV, 6.00%, 02/15/2053 (Callable 08/15/2052) (a)		10,000,000		10,577,565
FMR LLC, 4.95%, 02/01/2033  (a)		1,750,000		1,683,313
Globe Life, Inc., 4.55%, 09/15/2028 (Callable 06/15/2028)		5,000,000		4,900,255
Goldman Sachs Group, Inc.
3.50%, 04/01/2025 (Callable 03/01/2025)		5,000,000		4,906,087
3.75%, 05/22/2025 (Callable 02/22/2025)		5,000,000		4,905,391
3.27% to 09/29/2024 then 3 mo. Term SOFR + 1.46%, 09/29/2025 (Callable 09/29/2024)		15,000,000		14,819,964
1.09% to 12/09/2025 then SOFR + 0.79%, 12/09/2026 (Callable 12/09/2025)		10,000,000		9,298,556
2.64% to 02/24/2027 then SOFR + 1.11%, 02/24/2028 (Callable 02/24/2027)		89,350,000		83,201,964
3.69% to 06/05/2027 then 3 mo. Term SOFR + 1.77%, 06/05/2028 (Callable 06/05/2027)		6,775,000		6,484,397
3.81% to 04/23/2028 then 3 mo. Term SOFR + 1.42%, 04/23/2029 (Callable 04/23/2028)		10,000,000		9,478,813
4.22% to 05/01/2028 then 3 mo. Term SOFR + 1.56%, 05/01/2029 (Callable 05/01/2028)		13,348,000		12,854,305
3.80%, 03/15/2030 (Callable 12/15/2029)		30,000,000		28,106,291
1.99% to 01/27/2031 then SOFR + 1.09%, 01/27/2032 (Callable 01/27/2031)		10,000,000		8,091,352
2.62% to 04/22/2031 then SOFR + 1.28%, 04/22/2032 (Callable 04/22/2031)		9,625,000		8,075,881
2.38% to 07/21/2031 then SOFR + 1.25%, 07/21/2032 (Callable 07/21/2031)		30,000,000		24,615,998
6.35%, 02/15/2034		1,053,000		1,093,116
Guardian Life Global Funding, 5.55%, 10/28/2027  (a)		16,350,000		16,693,784
Guardian Life Insurance Co. of America/The
4.88%, 06/19/2064  (a)		5,000,000		4,407,268
3.70%, 01/22/2070 (Callable 07/22/2069) (a)		15,062,000		9,923,509
4.85%, 01/24/2077  (a)		24,727,000		20,654,915
Hanover Insurance Group, Inc., 2.50%, 09/01/2030 (Callable 06/01/2030)		10,550,000		8,847,743
Hartford Financial Services Group, Inc., 3.60%, 08/19/2049 (Callable 02/19/2049)		7,000,000		5,297,993
Health Care Service Corp. A Mutual Legal Reserve Co., 2.20%, 06/01/2030 (Callable 03/01/2030) (a)		6,125,000		5,159,974
Healthpeak OP LLC, 5.25%, 12/15/2032 (Callable 09/15/2032)		4,000,000		3,971,178
High Street Funding Trust II, 4.68%, 02/15/2048 (Callable 11/15/2047) (a)		2,000,000		1,658,243
HSBC Bank USA NA, 7.00%, 01/15/2039		4,200,000		4,863,489
HSBC Holdings PLC
1.65% to 04/18/2025 then SOFR + 1.54%, 04/18/2026 (Callable 04/18/2025)		15,000,000		14,369,202
4.29% to 09/12/2025 then 3 mo. Term SOFR + 1.61%, 09/12/2026 (Callable 09/12/2025)		7,450,000		7,312,130
4.38%, 11/23/2026		5,000,000		4,887,775
1.59% to 05/24/2026 then SOFR + 1.29%, 05/24/2027 (Callable 05/24/2026)		22,500,000		20,709,586
2.25% to 11/22/2026 then SOFR + 1.10%, 11/22/2027 (Callable 11/22/2026)		10,000,000		9,220,015
6.16% to 03/09/2028 then SOFR + 1.97%, 03/09/2029 (Callable 03/09/2028)		8,250,000		8,480,164
4.58% to 06/19/2028 then 3 mo. Term SOFR + 1.80%, 06/19/2029 (Callable 06/19/2028)		35,000,000		33,978,707
2.21% to 08/17/2028 then SOFR + 1.29%, 08/17/2029 (Callable 08/17/2028)		13,200,000		11,565,785
3.97% to 05/22/2029 then 3 mo. Term SOFR + 1.87%, 05/22/2030 (Callable 05/22/2029)		9,000,000		8,413,604
2.80% to 05/24/2031 then SOFR + 1.19%, 05/24/2032 (Callable 05/24/2031)		16,000,000		13,403,886
Huntington Bancshares, Inc./OH
4.44% to 08/04/2027 then SOFR + 1.97%, 08/04/2028 (Callable 08/04/2027)		9,500,000		9,171,454
5.02% to 05/17/2032 then SOFR + 2.05%, 05/17/2033 (Callable 05/17/2032)		3,775,000		3,599,406
5.71% to 02/02/2034 then SOFR + 1.87%, 02/02/2035 (Callable 02/02/2034)		10,150,000		10,124,800
Huntington National Bank, 5.65%, 01/10/2030 (Callable 11/10/2029)		1,500,000		1,507,985
ING Groep NV, 5.55% to 03/19/2034 then SOFR + 1.77%, 03/19/2035 (Callable 03/19/2034)		16,000,000		15,883,172
Invesco Finance PLC, 3.75%, 01/15/2026		4,900,000		4,780,300
Jefferies Financial Group, Inc., 4.15%, 01/23/2030		10,000,000		9,371,141
Jefferies Group LLC, 6.25%, 01/15/2036		1,390,000		1,439,158
JPMorgan Chase & Co.
2.30% to 10/15/2024 then SOFR + 1.16%, 10/15/2025 (Callable 10/15/2024)		10,000,000		9,822,315
2.01% to 03/13/2025 then 3 mo. Term SOFR + 1.59%, 03/13/2026 (Callable 03/13/2025)		50,000,000		48,346,794
2.08% to 04/22/2025 then SOFR + 1.85%, 04/22/2026 (Callable 04/22/2025)		52,000,000		50,120,187
1.05% to 11/19/2025 then SOFR + 0.80%, 11/19/2026 (Callable 11/19/2025)		25,000,000		23,305,532
1.58% to 04/22/2026 then SOFR + 0.89%, 04/22/2027 (Callable 04/22/2026)		50,000,000		46,364,373
1.47% to 09/22/2026 then SOFR + 0.77%, 09/22/2027 (Callable 09/22/2026)		11,875,000		10,832,784
4.85% to 07/25/2027 then SOFR + 1.99%, 07/25/2028 (Callable 07/25/2027)		29,000,000		28,747,851
5.30% to 07/24/2028 then SOFR + 1.45%, 07/24/2029 (Callable 07/24/2028)		10,000,000		10,077,270
6.09% to 10/23/2028 then SOFR + 1.57%, 10/23/2029 (Callable 10/23/2028)		30,000,000		31,207,310
3.70% to 05/06/2029 then 3 mo. Term SOFR + 1.42%, 05/06/2030 (Callable 05/06/2029)		15,000,000		14,060,075
2.52% to 04/22/2030 then SOFR + 2.04%, 04/22/2031 (Callable 04/22/2030)		28,000,000		24,195,315
1.95% to 02/04/2031 then SOFR + 1.07%, 02/04/2032 (Callable 02/04/2031)		22,000,000		17,928,400
2.58% to 04/22/2031 then 3 mo. Term SOFR + 1.25%, 04/22/2032 (Callable 04/22/2031)		10,000,000		8,448,628
5.35% to 06/01/2033 then SOFR + 1.85%, 06/01/2034 (Callable 06/01/2033)		15,000,000		15,065,862
5.60%, 07/15/2041		4,106,000		4,304,369
Kemper Corp., 3.80%, 02/23/2032 (Callable 11/23/2031)		8,000,000		6,844,432
KeyBank NA
3.40%, 05/20/2026		18,965,000		17,878,544
4.90%, 08/08/2032		6,000,000		5,391,038
5.00%, 01/26/2033 (Callable 10/26/2032)		5,000,000		4,639,152
LeasePlan Corp. NV, 2.88%, 10/24/2024  (a)		26,190,000		25,764,802
Liberty Mutual Group, Inc.
4.57%, 02/01/2029  (a)		2,087,000		2,034,912
3.95%, 10/15/2050 (Callable 04/15/2050) (a)		2,231,000		1,680,270
5.50%, 06/15/2052 (Callable 12/15/2051) (a)		5,000,000		4,811,339
Liberty Mutual Insurance Co., 7.70%, 10/15/2097  (a)		465,000		528,375
Lincoln National Corp., 3.05%, 01/15/2030 (Callable 10/15/2029)		24,650,000		21,781,546
Lloyds Banking Group PLC
2.44% to 02/05/2025 then 1 yr. CMT Rate + 1.00%, 02/05/2026 (Callable 02/05/2025)		15,725,000		15,289,521
1.63% to 05/11/2026 then 1 yr. CMT Rate + 0.85%, 05/11/2027 (Callable 05/11/2026)		10,000,000		9,209,474
3.57% to 11/07/2027 then 3 mo. LIBOR US + 1.21%, 11/07/2028 (Callable 11/07/2027) (b)		10,000,000		9,380,108
5.68% to 01/05/2034 then 1 yr. CMT Rate + 1.75%, 01/05/2035 (Callable 01/05/2034)		12,000,000		12,076,685
LPL Holdings, Inc., 6.75%, 11/17/2028 (Callable 10/17/2028)		23,030,000		24,130,732
LXP Industrial Trust
6.75%, 11/15/2028 (Callable 10/15/2028)		10,000,000		10,431,284
2.70%, 09/15/2030 (Callable 06/15/2030)		14,800,000		12,364,896
2.38%, 10/01/2031 (Callable 07/01/2031)		5,747,000		4,583,953
M&T Bank Corp., 4.00%, 07/15/2024 (Callable 05/02/2024)		11,400,000		11,318,055
Macquarie Airfinance Holdings Ltd., 6.40%, 03/26/2029 (Callable 02/26/2029) (a)		5,000,000		5,078,350
Macquarie Bank Ltd.
4.88%, 06/10/2025  (a)		23,717,000		23,450,648
3.62%, 06/03/2030  (a)		12,550,000		11,151,686
Macquarie Group Ltd.
5.11% to 08/09/2025 then SOFR + 2.21%, 08/09/2026 (Callable 08/09/2025) (a)		22,000,000		21,888,779
1.34% to 01/12/2026 then SOFR + 1.07%, 01/12/2027 (Callable 01/12/2026) (a)		19,000,000		17,626,190
2.87% to 01/14/2032 then SOFR + 1.53%, 01/14/2033 (Callable 01/14/2032) (a)		25,000,000		20,809,710
4.44% to 06/21/2032 then SOFR + 2.41%, 06/21/2033 (Callable 06/21/2032) (a)		9,000,000		8,362,442
6.26% to 12/07/2033 then SOFR + 2.30%, 12/07/2034 (Callable 12/07/2033) (a)		12,500,000		13,088,400
Manulife Financial Corp.
4.15%, 03/04/2026		10,000,000		9,834,640
5.38%, 03/04/2046		5,150,000		5,063,987
Maple Grove Funding Trust I, 4.16%, 08/15/2051 (Callable 02/15/2051) (a)		28,600,000		19,871,631
Marsh & McLennan Cos., Inc.
2.25%, 11/15/2030 (Callable 08/15/2030)		5,000,000		4,252,285
5.88%, 08/01/2033		8,429,000		8,969,387
4.35%, 01/30/2047 (Callable 07/30/2046)		3,450,000		2,953,928
5.45%, 03/15/2053 (Callable 09/15/2052)		3,700,000		3,718,575
Massachusetts Mutual Life Insurance Co.
5.67%, 12/01/2052 (Callable 06/01/2052) (a)		20,000,000		19,984,435
5.08% (3 mo. LIBOR US + 3.19%), 02/15/2069 (Callable 02/15/2049) (a)(b)		40,670,000		36,271,084
3.73%, 10/15/2070  (a)		16,676,000		11,315,545
4.90%, 04/01/2077  (a)		11,175,000		9,405,742
MBIA Insurance Corp., 16.84% (3 mo. Term SOFR + 11.52%), 01/15/2033 (Callable 01/15/2028) (a)(c)		714,000		19,492
MetLife, Inc., 4.88%, 11/13/2043		3,375,000		3,171,943
Metropolitan Life Global Funding I
2.95%, 04/09/2030  (a)		22,375,000		19,858,186
1.55%, 01/07/2031  (a)		650,000		518,360
5.15%, 03/28/2033  (a)		19,475,000		19,509,669
Metropolitan Life Insurance Co., 7.80%, 11/01/2025  (a)		6,300,000		6,508,609
Mitsubishi UFJ Financial Group, Inc.
1.54% to 07/20/2026 then 1 yr. CMT Rate + 0.75%, 07/20/2027 (Callable 07/20/2026)		10,000,000		9,212,407
5.02% to 07/20/2027 then 1 yr. CMT Rate + 1.95%, 07/20/2028 (Callable 07/20/2027)		6,700,000		6,679,729
5.35% to 09/13/2027 then 1 yr. CMT Rate + 1.90%, 09/13/2028 (Callable 09/13/2027)		13,600,000		13,671,873
5.48% to 02/22/2030 then 1 yr. CMT Rate + 1.53%, 02/22/2031 (Callable 02/22/2030)		3,525,000		3,587,904
5.41% to 04/19/2033 then 1 yr. CMT Rate + 1.97%, 04/19/2034 (Callable 04/19/2033)		7,000,000		7,142,771
Mizuho Financial Group, Inc.
2.56% to 09/13/2024 then 3 mo. Term SOFR + 1.36%, 09/13/2025 (Callable 09/13/2024)		20,000,000		19,711,176
1.23% to 05/22/2026 then 1 yr. CMT Rate + 0.67%, 05/22/2027 (Callable 05/22/2026)		8,000,000		7,344,440
5.41% to 09/13/2027 then 1 yr. CMT Rate + 2.05%, 09/13/2028 (Callable 09/13/2027)		6,725,000		6,784,828
1.98% to 09/08/2030 then 3 mo. Term SOFR + 1.53%, 09/08/2031 (Callable 09/08/2030)		10,000,000		8,216,821
Morgan Stanley
2.72% to 07/22/2024 then SOFR + 1.15%, 07/22/2025 (Callable 07/22/2024)		19,000,000		18,808,413
3.59% (3 mo. LIBOR US + 134.00%), 07/22/2028 (Callable 07/22/2027) (b)		12,000,000		11,402,804
6.30% to 10/18/2027 then SOFR + 2.24%, 10/18/2028 (Callable 10/18/2027)		62,625,000		64,770,119
3.77% to 01/24/2028 then 3 mo. Term SOFR + 1.40%, 01/24/2029 (Callable 01/24/2028)		1,000,000		951,669
5.12% to 02/01/2028 then SOFR + 1.73%, 02/01/2029 (Callable 02/01/2028)		8,300,000		8,286,508
3.62% to 04/01/2030 then SOFR + 3.12%, 04/01/2031 (Callable 04/01/2030)		10,000,000		9,167,991
1.93% to 04/28/2031 then SOFR + 1.02%, 04/28/2032 (Callable 04/28/2031)		25,000,000		20,073,535
2.24% to 07/21/2031 then SOFR + 1.18%, 07/21/2032 (Callable 07/21/2031)		25,000,000		20,433,224
6.34% to 10/18/2032 then SOFR + 2.56%, 10/18/2033 (Callable 10/18/2032)		20,000,000		21,443,183
5.42% to 07/21/2033 then SOFR + 1.88%, 07/21/2034 (Callable 07/21/2033)		8,000,000		8,031,621
Mutual of Omaha Insurance Co., 6.14% to 01/16/2054 then 10 Year CMT Rate + 2.95%, 01/16/2064 (Callable 10/16/2053) (a)		9,500,000		9,652,650
National Australia Bank Ltd.
2.33%, 08/21/2030  (a)		83,282,000		68,640,429
2.99%, 05/21/2031  (a)		19,911,000		16,815,520
6.43%, 01/12/2033  (a)		28,262,000		29,848,326
3.93% to 08/02/2029 then 5 yr. CMT Rate + 1.88%, 08/02/2034 (Callable 08/02/2029) (a)		10,000,000		9,184,166
3.35% to 01/12/2032 then 5 yr. CMT Rate + 1.70%, 01/12/2037 (Callable 01/12/2032) (a)		10,000,000		8,465,383
National Bank of Canada, 5.60%, 12/18/2028		13,000,000		13,222,282
Nationwide Building Society
4.00%, 09/14/2026  (a)		73,507,000		70,527,275
4.30% to 03/08/2028 then 3 mo. LIBOR US + 1.45%, 03/08/2029 (Callable 03/08/2028) (a)(b)		20,000,000		19,169,052
3.96% to 07/18/2029 then 3 mo. LIBOR US + 1.86%, 07/18/2030 (Callable 07/18/2029) (a)(b)		10,125,000		9,372,058
Nationwide Financial Services, Inc., 3.90%, 11/30/2049 (Callable 05/30/2049) (a)		10,000,000		7,803,236
Nationwide Mutual Insurance Co.
9.38%, 08/15/2039  (a)		14,000,000		18,172,850
4.35%, 04/30/2050 (Callable 10/30/2049) (a)		25,000,000		19,830,813
NatWest Group PLC
5.85% to 03/02/2026 then 1 yr. CMT Rate + 1.35%, 03/02/2027 (Callable 03/02/2026)		13,000,000		13,067,488
1.64% to 06/14/2026 then 1 yr. CMT Rate + 0.90%, 06/14/2027 (Callable 06/14/2026)		35,000,000		32,180,321
3.07% to 05/22/2027 then 1 yr. CMT Rate + 2.55%, 05/22/2028 (Callable 05/22/2027)		18,301,000		17,087,175
5.52% to 09/30/2027 then 1 yr. CMT Rate + 2.27%, 09/30/2028 (Callable 09/30/2027)		10,000,000		10,014,636
4.89% to 05/18/2028 then 3 mo. LIBOR US + 1.75%, 05/18/2029 (Callable 05/18/2028) (b)		10,000,000		9,792,360
5.81% to 09/13/2028 then 1 yr. CMT Rate + 1.95%, 09/13/2029 (Callable 09/13/2028)		45,500,000		46,226,634
5.08% to 01/27/2029 then 3 mo. LIBOR US + 1.91%, 01/27/2030 (Callable 01/27/2029) (b)		7,000,000		6,875,297
4.45% to 05/08/2029 then 3 mo. LIBOR US + 1.87%, 05/08/2030 (Callable 05/08/2029) (b)		35,000,000		33,347,150
6.02% to 03/02/2033 then 1 yr. CMT Rate + 2.10%, 03/02/2034 (Callable 03/02/2033)		4,700,000		4,850,077
5.78% to 03/01/2034 then 1 yr. CMT Rate + 1.50%, 03/01/2035 (Callable 03/01/2034)		12,000,000		12,169,554
New York Life Insurance Co.
6.75%, 11/15/2039  (a)		12,026,000		13,688,376
3.75%, 05/15/2050 (Callable 11/15/2049) (a)		17,000,000		13,091,629
4.45%, 05/15/2069 (Callable 11/15/2068) (a)		10,000,000		8,160,238
Nomura Holdings, Inc.
1.85%, 07/16/2025		19,000,000		18,104,156
1.65%, 07/14/2026		32,975,000		30,332,983
5.39%, 07/06/2027		10,000,000		10,012,950
2.17%, 07/14/2028		16,055,000		14,135,232
2.71%, 01/22/2029		8,000,000		7,112,585
3.10%, 01/16/2030		2,000,000		1,774,631
Old Republic International Corp., 5.75%, 03/28/2034 (Callable 12/28/2033)		15,000,000		15,079,409
Peachtree Corners Funding Trust, 3.98%, 02/15/2025  (a)		12,295,000		12,062,133
Penn Mutual Life Insurance Co., 3.80%, 04/29/2061  (a)		17,038,000		11,341,152
Pine Street Trust I, 4.57%, 02/15/2029 (Callable 11/15/2028) (a)		7,825,000		7,439,913
Principal Financial Group, Inc., 4.30%, 11/15/2046 (Callable 05/15/2046)		2,325,000		1,954,457
Principal Life Global Funding II
3.00%, 04/18/2026  (a)		13,400,000		12,802,120
5.50%, 06/28/2028  (a)		40,500,000		40,760,017
Prologis LP
4.75%, 06/15/2033 (Callable 03/15/2033)		19,425,000		19,059,196
5.13%, 01/15/2034 (Callable 10/15/2033)		21,575,000		21,671,586
Protective Life Corp.
4.30%, 09/30/2028 (Callable 06/30/2028) (a)		10,000,000		9,704,749
8.45%, 10/15/2039		2,650,000		3,265,475
Protective Life Global Funding, 5.21%, 04/14/2026  (a)		32,900,000		32,924,438
Prudential Financial, Inc.
6.63%, 12/01/2037		5,000,000		5,654,569
3.94%, 12/07/2049 (Callable 06/07/2049)		11,426,000		9,040,320
Raymond James Financial, Inc., 4.65%, 04/01/2030 (Callable 01/01/2030)		9,700,000		9,575,817
Realty Income Corp.
4.70%, 12/15/2028 (Callable 11/15/2028)		6,625,000		6,529,462
5.63%, 10/13/2032 (Callable 07/13/2032)		6,725,000		6,871,758
Regions Financial Corp., 2.25%, 05/18/2025 (Callable 04/18/2025)		21,650,000		20,813,372
Reliance Standard Life Global Funding II, 2.50%, 10/30/2024  (a)		22,800,000		22,354,090
Royal Bank of Canada, 4.65%, 01/27/2026		7,773,000		7,682,128
Sammons Financial Group, Inc.
3.35%, 04/16/2031 (Callable 01/16/2031) (a)		14,350,000		11,725,895
4.75%, 04/08/2032 (Callable 01/08/2032) (a)		23,000,000		20,227,889
Santander Holdings USA, Inc., 3.50%, 06/07/2024 (Callable 05/07/2024)		5,695,000		5,669,821
Santander UK Group Holdings PLC
1.67% to 06/14/2026 then SOFR + 0.99%, 06/14/2027 (Callable 06/14/2026)		9,500,000		8,694,340
6.53% to 01/10/2028 then SOFR + 2.60%, 01/10/2029 (Callable 01/10/2028)		27,600,000		28,542,165
Skandinaviska Enskilda Banken AB, 5.38%, 03/05/2029  (a)		10,000,000		10,034,094
SMBC Aviation Capital Finance DAC
1.90%, 10/15/2026 (Callable 09/15/2026) (a)		6,725,000		6,138,931
5.45%, 05/03/2028 (Callable 04/03/2028) (a)		7,000,000		7,023,973
5.70%, 07/25/2033 (Callable 04/25/2033) (a)		33,475,000		33,793,873
Societe Generale SA
2.63%, 10/16/2024  (a)		23,000,000		22,604,985
2.63%, 01/22/2025  (a)		41,125,000		40,081,461
2.23% to 01/21/2025 then 1 yr. CMT Rate + 1.05%, 01/21/2026 (Callable 01/21/2025) (a)		21,032,000		20,390,963
1.49% to 12/14/2025 then 1 yr. CMT Rate + 1.10%, 12/14/2026 (Callable 12/14/2025) (a)		28,800,000		26,760,239
2.80% to 01/19/2027 then 1 yr. CMT Rate + 1.30%, 01/19/2028 (Callable 01/19/2027) (a)		2,225,000		2,054,657
5.63% to 01/19/2029 then 1 yr. CMT Rate + 1.75%, 01/19/2030 (Callable 01/19/2029) (a)		13,000,000		12,958,233
2.89% to 06/09/2031 then 1 yr. CMT Rate + 1.30%, 06/09/2032 (Callable 06/09/2031) (a)		6,775,000		5,573,245
3.34% to 01/21/2032 then 1 yr. CMT Rate + 1.60%, 01/21/2033 (Callable 01/21/2032) (a)		10,000,000		8,392,097
6.22% to 06/15/2032 then 1 yr. CMT Rate + 3.20%, 06/15/2033 (Callable 06/15/2032) (a)		9,150,000		9,188,115
6.07% to 01/19/2034 then 1 yr. CMT Rate + 2.10%, 01/19/2035 (Callable 01/19/2034) (a)		17,000,000		17,116,856
3.63%, 03/01/2041  (a)		12,000,000		8,267,998
Standard Chartered PLC
3.79% to 05/21/2024 then 3 mo. LIBOR US + 1.56%, 05/21/2025 (Callable 05/21/2024) (a)(b)		36,294,000		36,161,884
2.82% to 01/30/2025 then 3 mo. LIBOR US + 1.21%, 01/30/2026 (Callable 01/30/2025) (a)(b)		21,000,000		20,467,457
1.46% to 01/14/2026 then 1 yr. CMT Rate + 1.00%, 01/14/2027 (Callable 01/14/2026) (a)		20,658,000		19,160,450
2.61% to 01/12/2027 then 1 yr. CMT Rate + 1.18%, 01/12/2028 (Callable 01/12/2027) (a)		24,000,000		22,127,121
7.77% to 11/16/2027 then 1 yr. CMT Rate + 3.45%, 11/16/2028 (Callable 11/16/2027) (a)		8,000,000		8,562,544
6.30% to 01/09/2028 then 1 yr. CMT Rate + 2.45%, 01/09/2029 (Callable 01/09/2028) (a)		4,000,000		4,115,079
4.64% to 04/01/2030 then 1 yr. CMT Rate + 3.85%, 04/01/2031 (Callable 04/01/2030) (a)		14,700,000		14,132,358
6.30% to 07/06/2033 then 1 yr. CMT Rate + 2.58%, 07/06/2034 (Callable 07/06/2033) (a)		13,850,000		14,545,430
6.10% (1 yr. CMT Rate + 2.10%), 01/11/2035 (Callable 01/11/2034) (a)		10,000,000		10,305,422
5.70%, 03/26/2044  (a)		6,000,000		5,940,596
Stifel Financial Corp., 4.00%, 05/15/2030 (Callable 02/15/2030)		51,140,000		46,682,204
Sumitomo Mitsui Financial Group, Inc.
2.13%, 07/08/2030		7,575,000		6,349,339
5.85%, 07/13/2030		20,000,000		20,765,122
5.77%, 01/13/2033		33,650,000		35,064,979
SunTrust Banks, Inc., 3.30%, 05/15/2026 (Callable 04/15/2026)		3,925,000		3,767,931
Svenska Handelsbanken AB, 5.50%, 06/15/2028  (a)		15,250,000		15,414,001
Swedbank AB
6.14%, 09/12/2026  (a)		24,400,000		24,726,898
5.41%, 03/14/2029  (a)		29,250,000		29,260,343
Synchrony Bank, 5.63%, 08/23/2027 (Callable 07/23/2027)		18,250,000		17,916,274
Synchrony Financial
4.25%, 08/15/2024 (Callable 05/15/2024)		26,864,000		26,692,013
4.50%, 07/23/2025 (Callable 04/23/2025)		23,127,000		22,662,145
3.70%, 08/04/2026 (Callable 05/04/2026)		23,023,000		21,881,594
3.95%, 12/01/2027 (Callable 09/01/2027)		44,825,000		41,933,035
2.88%, 10/28/2031 (Callable 07/28/2031)		5,000,000		3,992,117
Toronto-Dominion Bank, 4.46%, 06/08/2032		19,000,000		18,185,931
Travelers Cos., Inc., 5.45%, 05/25/2053 (Callable 11/25/2052)		4,000,000		4,151,705
Trinity Acquisition PLC
4.40%, 03/15/2026 (Callable 12/15/2025)		27,305,000		26,789,816
6.13%, 08/15/2043		22,561,000		22,348,462
Truist Financial Corp.
7.16% to 10/30/2028 then SOFR + 2.45%, 10/30/2029 (Callable 10/30/2028)		8,000,000		8,537,991
5.12% to 01/26/2033 then SOFR + 1.85%, 01/26/2034 (Callable 01/26/2033)		12,000,000		11,554,302
Trustage Financial Group, Inc., 4.63%, 04/15/2032 (Callable 01/15/2032) (a)		2,205,000		1,919,435
UBS Group AG
2.59% to 09/11/2024 then SOFR + 1.56%, 09/11/2025 (Callable 09/11/2024) (a)		12,250,000		12,076,301
4.55%, 04/17/2026		7,000,000		6,889,291
2.19% to 06/05/2025 then SOFR + 2.04%, 06/05/2026 (Callable 06/05/2025) (a)		15,000,000		14,382,619
5.71% (1 yr. CMT Rate + 1.55%), 01/12/2027 (Callable 01/12/2026) (a)		4,078,000		4,092,037
1.36% to 01/30/2026 then 1 yr. CMT Rate + 1.08%, 01/30/2027 (Callable 01/30/2026) (a)		21,397,000		19,807,033
1.31% to 02/02/2026 then SOFR + 0.98%, 02/02/2027 (Callable 02/02/2026) (a)		40,000,000		36,925,049
1.49% to 08/10/2026 then 1 yr. CMT Rate + 0.85%, 08/10/2027 (Callable 08/10/2026) (a)		9,000,000		8,185,859
4.28%, 01/09/2028 (Callable 01/09/2027) (a)		17,403,000		16,799,882
3.87% to 01/12/2028 then 3 mo. LIBOR US + 1.41%, 01/12/2029 (Callable 01/12/2028) (a)(b)		34,500,000		32,642,689
4.19% to 04/01/2030 then SOFR + 3.73%, 04/01/2031 (Callable 04/01/2030) (a)		20,000,000		18,586,001
2.10% to 02/11/2031 then 1 yr. CMT Rate + 1.00%, 02/11/2032 (Callable 02/11/2031) (a)		43,570,000		34,919,111
3.09% to 05/14/2031 then SOFR + 1.73%, 05/14/2032 (Callable 05/14/2031) (a)		10,000,000		8,502,510
6.54% to 08/12/2032 then SOFR + 3.92%, 08/12/2033 (Callable 08/12/2032) (a)		6,000,000		6,325,921
UBS Group Funding Switzerland AG, 4.25%, 03/23/2028 (Callable 03/23/2027) (a)		17,150,000		16,545,063
UnitedHealth Group, Inc.
2.75%, 05/15/2040 (Callable 11/15/2039)		7,000,000		5,158,981
4.75%, 05/15/2052 (Callable 11/15/2051)		8,275,000		7,683,960
Wells Fargo & Co.
2.41% to 10/30/2024 then 3 mo. Term SOFR + 1.09%, 10/30/2025 (Callable 10/30/2024)		19,000,000		18,639,370
2.16% to 02/11/2025 then 3 mo. Term SOFR + 1.01%, 02/11/2026 (Callable 02/11/2025)		15,000,000		14,552,409
3.00%, 04/22/2026		3,000,000		2,870,088
3.91% to 04/25/2025 then SOFR + 1.32%, 04/25/2026 (Callable 04/25/2025)		5,000,000		4,907,810
2.39% to 06/02/2027 then SOFR + 2.10%, 06/02/2028 (Callable 06/02/2027)		64,086,000		58,684,275
4.81% to 07/25/2027 then SOFR + 1.98%, 07/25/2028 (Callable 07/25/2027)		13,000,000		12,818,085
5.57% to 07/25/2028 then SOFR + 1.74%, 07/25/2029 (Callable 07/25/2028)		30,225,000		30,591,701
3.35% to 03/02/2032 then SOFR + 1.50%, 03/02/2033 (Callable 03/02/2032)		5,000,000		4,333,655
5.39% to 04/24/2033 then SOFR + 2.02%, 04/24/2034 (Callable 04/24/2033)		23,925,000		23,768,883
6.49% to 10/23/2033 then SOFR + 2.06%, 10/23/2034 (Callable 10/23/2033)		25,000,000		26,830,152
5.50% to 01/23/2034 then SOFR + 1.78%, 01/23/2035 (Callable 01/23/2034)		10,650,000		10,688,743
3.07% to 04/30/2040 then SOFR + 2.53%, 04/30/2041 (Callable 04/30/2040)		25,000,000		18,720,659
3.90%, 05/01/2045		5,000,000		4,086,214
5.01% to 04/04/2050 then 3 mo. Term SOFR + 4.50%, 04/04/2051 (Callable 04/04/2050)		7,000,000		6,584,785
Wells Fargo Bank NA, 5.85%, 02/01/2037		10,000,000		10,381,345
Western & Southern Financial Group, Inc., 5.75%, 07/15/2033  (a)		8,300,000		8,607,055
Westpac Banking Corp.
2.89% to 02/04/2025 then 5 yr. CMT Rate + 1.35%, 02/04/2030 (Callable 02/04/2025)		11,425,000		11,116,907
4.32% to 11/23/2026 then 5 Yr. Mid Swap Rate USD + 2.24%, 11/23/2031 (Callable 11/23/2026)		8,350,000		8,061,246
5.41% to 08/10/2032 then 1 yr. CMT Rate + 2.68%, 08/10/2033 (Callable 08/10/2032)		5,000,000		4,952,116
6.82%, 11/17/2033		4,350,000		4,732,912
4.11% to 07/24/2029 then 5 yr. CMT Rate + 2.00%, 07/24/2034 (Callable 07/24/2029)		10,000,000		9,242,278
2.67% to 11/15/2030 then 5 yr. CMT Rate + 1.75%, 11/15/2035 (Callable 11/15/2030)		13,600,000		11,228,420
4.42%, 07/24/2039		10,000,000		8,819,137
Willis North America, Inc.
4.65%, 06/15/2027 (Callable 05/15/2027)		8,525,000		8,390,072
2.95%, 09/15/2029 (Callable 06/15/2029)		7,500,000		6,724,079
5.35%, 05/15/2033 (Callable 02/15/2033)		11,425,000		11,367,171
5.05%, 09/15/2048 (Callable 03/15/2048)		10,200,000		9,235,724
5.90%, 03/05/2054 (Callable 09/05/2053)		23,750,000		24,075,350
				7,110,647,603
Industrials - 18.8%
AbbVie, Inc.
2.95%, 11/21/2026 (Callable 09/21/2026)		9,625,000		9,168,687
4.55%, 03/15/2035 (Callable 09/15/2034)		26,098,000		25,200,592
4.50%, 05/14/2035 (Callable 11/14/2034)		17,395,000		16,726,042
4.30%, 05/14/2036, (Acquired 05/09/2016; Cost $5,967,300) (Callable 11/14/2035) (d)		6,000,000		5,631,072
4.05%, 11/21/2039 (Callable 05/21/2039)		12,700,000		11,330,698
Adventist Health System
2.95%, 03/01/2029 (Callable 12/01/2028)		19,250,000		17,296,487
3.63%, 03/01/2049 (Callable 09/01/2048)		9,000,000		6,619,798
AGCO Corp., 5.80%, 03/21/2034 (Callable 12/21/2033)		13,500,000		13,668,566
Agilent Technologies, Inc., 2.10%, 06/04/2030 (Callable 03/04/2030)		14,000,000		11,835,630
Air Products and Chemicals, Inc., 2.70%, 05/15/2040 (Callable 11/15/2039)		10,425,000		7,616,928
Aker BP ASA
5.60%, 06/13/2028 (Callable 05/13/2028) (a)		15,500,000		15,713,105
6.00%, 06/13/2033 (Callable 03/13/2033) (a)		16,500,000		17,056,700
Alcon Finance Corp.
2.75%, 09/23/2026 (Callable 07/23/2026) (a)		14,770,000		13,936,844
3.80%, 09/23/2049 (Callable 03/23/2049) (a)		7,000,000		5,457,301
Allegion PLC, 3.50%, 10/01/2029 (Callable 07/01/2029)		21,494,000		19,828,670
Allegion US Holding Co., Inc.
3.20%, 10/01/2024 (Callable 08/01/2024)		29,750,000		29,349,601
3.55%, 10/01/2027 (Callable 07/01/2027)		11,975,000		11,426,343
5.41%, 07/01/2032 (Callable 04/01/2032)		12,675,000		12,711,875
Amgen, Inc.
3.15%, 02/21/2040 (Callable 08/21/2039)		13,350,000		10,257,932
4.40%, 05/01/2045 (Callable 11/01/2044)		12,300,000		10,679,271
4.20%, 02/22/2052 (Callable 08/22/2051)		4,000,000		3,284,444
5.65%, 03/02/2053 (Callable 09/02/2052)		36,925,000		37,700,329
Anglo American Capital PLC
4.88%, 05/14/2025  (a)		3,376,000		3,341,066
4.75%, 04/10/2027  (a)		10,000,000		9,802,422
4.50%, 03/15/2028 (Callable 12/15/2027) (a)		2,570,000		2,490,801
5.63%, 04/01/2030 (Callable 01/01/2030) (a)		10,439,000		10,582,346
2.63%, 09/10/2030 (Callable 06/10/2030) (a)		35,000,000		29,818,016
Anheuser-Busch Cos. LLC / Anheuser-Busch InBev Worldwide, Inc., 4.90%, 02/01/2046 (Callable 08/01/2045)		52,184,000		49,494,487
Anheuser-Busch InBev Worldwide, Inc.
4.75%, 01/23/2029 (Callable 10/23/2028)		4,075,000		4,073,245
4.38%, 04/15/2038 (Callable 10/15/2037)		7,000,000		6,507,844
5.45%, 01/23/2039 (Callable 07/23/2038)		20,000,000		20,668,600
AP Moller - Maersk AS, 4.50%, 06/20/2029 (Callable 03/20/2029) (a)		8,000,000		7,821,078
Apple, Inc., 2.65%, 05/11/2050 (Callable 11/11/2049)		10,000,000		6,649,038
AptarGroup, Inc., 3.60%, 03/15/2032 (Callable 12/15/2031)		7,500,000		6,612,251
ArcelorMittal
4.55%, 03/11/2026		13,000,000		12,788,712
6.55%, 11/29/2027 (Callable 10/29/2027)		14,600,000		15,157,035
6.80%, 11/29/2032 (Callable 08/29/2032)		25,000,000		26,739,847
7.00%, 10/15/2039		15,906,000		17,323,137
Ashtead Capital, Inc.
4.00%, 05/01/2028 (Callable 04/12/2024) (a)		8,010,000		7,528,205
5.50%, 08/11/2032 (Callable 05/11/2032) (a)		38,369,000		37,526,439
5.55%, 05/30/2033 (Callable 02/28/2033) (a)		15,000,000		14,749,064
5.95%, 10/15/2033 (Callable 07/15/2033) (a)		10,000,000		10,122,194
5.80%, 04/15/2034 (Callable 01/15/2034) (a)		11,000,000		11,016,398
AT&T, Inc.
2.55%, 12/01/2033 (Callable 09/01/2033)		22,965,000		18,417,483
5.40%, 02/15/2034 (Callable 11/15/2033)		12,000,000		12,166,709
4.90%, 08/15/2037 (Callable 02/14/2037)		20,000,000		18,992,621
3.50%, 09/15/2053 (Callable 03/15/2053)		10,000,000		7,066,278
3.55%, 09/15/2055 (Callable 03/15/2055)		60,110,000		42,080,417
3.80%, 12/01/2057 (Callable 06/01/2057)		19,423,000		14,083,968
3.65%, 09/15/2059 (Callable 03/15/2059)		49,359,000		34,473,150
Bacardi Ltd. / Bacardi-Martini BV, 5.40%, 06/15/2033 (Callable 03/15/2033) (a)		15,000,000		14,879,824
BAE Systems PLC
1.90%, 02/15/2031 (Callable 11/15/2030) (a)		18,500,000		15,058,202
5.50%, 03/26/2054 (Callable 09/26/2053) (a)		7,200,000		7,274,762
Bayer US Finance II LLC
5.50%, 08/15/2025  (a)		14,400,000		14,287,685
4.25%, 12/15/2025 (Callable 10/15/2025) (a)		14,440,000		14,081,982
Bayer US Finance LLC, 6.25%, 01/21/2029 (Callable 12/21/2028) (a)		15,000,000		15,270,067
Bayport Polymers LLC, 4.74%, 04/14/2027 (Callable 03/14/2027) (a)		61,325,000		58,724,189
Becle SAB de, 2.50%, 10/14/2031 (Callable 07/14/2031) (a)		39,193,000		31,198,020
Becton Dickinson & Co., 4.88%, 05/15/2044 (Callable 11/15/2043)		6,815,000		5,927,730
Becton Dickinson and Co.
3.73%, 12/15/2024 (Callable 09/15/2024)		1,094,000		1,079,924
2.82%, 05/20/2030 (Callable 02/20/2030)		15,000,000		13,244,933
Bell Telephone Co. of Canada or Bell Canada
5.10%, 05/11/2033 (Callable 02/11/2033)		11,000,000		10,923,228
4.46%, 04/01/2048 (Callable 10/01/2047)		1,225,000		1,056,344
4.30%, 07/29/2049 (Callable 01/29/2049)		4,123,000		3,458,932
Berry Global, Inc., 5.50%, 04/15/2028 (Callable 03/15/2028)		19,345,000		19,500,849
Bimbo Bakeries USA, Inc., 4.00%, 05/17/2051 (Callable 11/17/2050) (a)		20,009,000		15,496,635
Boardwalk Pipelines LP
4.95%, 12/15/2024 (Callable 09/15/2024)		27,631,000		27,465,916
5.95%, 06/01/2026 (Callable 03/01/2026)		28,506,000		28,750,570
4.45%, 07/15/2027 (Callable 04/15/2027)		14,877,000		14,523,449
4.80%, 05/03/2029 (Callable 02/03/2029)		16,918,000		16,670,615
3.40%, 02/15/2031 (Callable 11/15/2030)		5,825,000		5,168,152
3.60%, 09/01/2032 (Callable 06/01/2032)		25,550,000		22,316,455
5.63%, 08/01/2034 (Callable 05/01/2034)		9,825,000		9,829,007
Boeing Co.
2.20%, 02/04/2026 (Callable 04/12/2024)		47,500,000		44,480,951
5.04%, 05/01/2027 (Callable 03/01/2027)		5,140,000		5,043,997
5.15%, 05/01/2030 (Callable 02/01/2030)		26,150,000		25,331,900
Bon Secours Mercy Health, Inc.
3.46%, 06/01/2030 (Callable 12/01/2029)		8,000,000		7,404,707
3.21%, 06/01/2050 (Callable 12/01/2049)		10,800,000		7,645,578
BP Capital Markets America, Inc.
4.81%, 02/13/2033 (Callable 11/13/2032)		7,600,000		7,504,612
4.89%, 09/11/2033 (Callable 06/11/2033)		8,350,000		8,289,873
Bristol-Myers Squibb Co., 3.70%, 03/15/2052 (Callable 09/15/2051)		10,000,000		7,691,121
British Telecommunications PLC, 9.63%, 12/15/2030		55,630,000		68,259,421
Broadcom, Inc.
3.15%, 11/15/2025 (Callable 10/15/2025)		23,600,000		22,830,289
4.00%, 04/15/2029 (Callable 02/15/2029) (a)		6,000,000		5,718,141
4.75%, 04/15/2029 (Callable 01/15/2029)		43,900,000		43,351,817
5.00%, 04/15/2030 (Callable 01/15/2030)		11,000,000		11,048,846
4.15%, 11/15/2030 (Callable 08/15/2030)		6,000,000		5,678,011
4.15%, 04/15/2032 (Callable 01/15/2032) (a)		18,000,000		16,710,095
3.47%, 04/15/2034 (Callable 01/15/2034) (a)		15,000,000		12,871,980
3.14%, 11/15/2035 (Callable 08/15/2035) (a)		12,000,000		9,695,576
3.50%, 02/15/2041 (Callable 08/15/2040) (a)		21,000,000		16,318,160
Broadridge Financial Solutions, Inc., 2.90%, 12/01/2029 (Callable 09/01/2029)		11,300,000		10,010,762
Brunswick Corp./DE, 5.85%, 03/18/2029 (Callable 02/18/2029)		20,000,000		20,208,932
Bunge Ltd. Finance Corp.
1.63%, 08/17/2025 (Callable 07/17/2025)		10,000,000		9,473,474
3.25%, 08/15/2026 (Callable 05/15/2026)		11,550,000		11,045,736
Burlington Northern Santa Fe LLC, 4.15%, 04/01/2045 (Callable 10/01/2044)		3,000,000		2,563,502
Cameron LNG LLC, 3.30%, 01/15/2035 (Callable 09/15/2034) (a)		20,000,000		16,668,021
Canadian Natural Resources Ltd., 6.50%, 02/15/2037		982,000		1,037,568
Canadian Pacific Railway Co.
4.70%, 05/01/2048 (Callable 11/01/2047)		10,075,000		8,956,119
3.50%, 05/01/2050 (Callable 11/01/2049)		12,000,000		8,997,074
Cargill, Inc., 4.75%, 04/24/2033 (Callable 01/24/2033) (a)		10,200,000		9,977,683
Carlisle Cos., Inc.
3.50%, 12/01/2024 (Callable 10/01/2024)		5,000,000		4,921,100
2.75%, 03/01/2030 (Callable 12/01/2029)		16,000,000		14,076,080
Carrier Global Corp.
2.24%, 02/15/2025 (Callable 01/15/2025)		1,130,000		1,095,886
2.49%, 02/15/2027 (Callable 12/15/2026)		25,975,000		24,220,357
2.72%, 02/15/2030 (Callable 11/15/2029)		6,861,000		6,063,869
2.70%, 02/15/2031 (Callable 11/15/2030)		18,500,000		15,933,109
5.90%, 03/15/2034 (Callable 12/15/2033)		15,000,000		15,769,370
3.38%, 04/05/2040 (Callable 10/05/2039)		10,000,000		7,839,055
6.20%, 03/15/2054 (Callable 09/15/2053)		4,950,000		5,466,930
CBRE Services, Inc., 5.95%, 08/15/2034 (Callable 05/15/2034)		20,000,000		20,535,237
CCL Industries, Inc., 3.05%, 06/01/2030 (Callable 03/01/2030) (a)		20,000,000		17,360,366
CDW LLC / CDW Finance Corp., 2.67%, 12/01/2026 (Callable 11/01/2026)		9,000,000		8,358,831
Celanese US Holdings LLC
6.33%, 07/15/2029 (Callable 05/15/2029)		8,675,000		8,997,877
6.55%, 11/15/2030 (Callable 09/15/2030)		15,000,000		15,780,870
Cellnex Finance Co. SA, 3.88%, 07/07/2041 (Callable 04/07/2041) (a)		51,774,000		40,622,264
Celulosa Arauco y Constitucion SA, 3.88%, 11/02/2027 (Callable 08/02/2027)		12,000,000		11,222,435
CF Industries, Inc., 5.15%, 03/15/2034		3,000,000		2,953,444
Charter Communications Operating LLC
4.91%, 07/23/2025 (Callable 04/23/2025)		54,750,000		54,091,298
3.75%, 02/15/2028 (Callable 11/15/2027)		5,000,000		4,633,866
5.05%, 03/30/2029 (Callable 12/30/2028)		36,857,000		35,534,709
6.65%, 02/01/2034 (Callable 11/01/2033)		14,575,000		14,958,765
6.38%, 10/23/2035 (Callable 04/23/2035)		40,506,000		40,075,911
3.50%, 06/01/2041 (Callable 12/01/2040)		22,225,000		14,944,217
4.40%, 12/01/2061 (Callable 06/01/2061)		24,375,000		15,927,638
Charter Communications Operating LLC / Charter Communications Operating Capital
2.30%, 02/01/2032 (Callable 11/01/2031)		15,525,000		11,977,859
3.50%, 03/01/2042 (Callable 09/01/2041)		11,050,000		7,387,657
Cheniere Corpus Christi Holdings LLC, 5.88%, 03/31/2025 (Callable 04/04/2024)		5,646,000		5,647,743
Cheniere Energy Partners LP, 5.95%, 06/30/2033 (Callable 12/30/2032)		26,000,000		26,630,394
Church & Dwight Co., Inc., 5.00%, 06/15/2052 (Callable 12/15/2051)		6,725,000		6,356,345
Cia Cervecerias Unidas SA, 3.35%, 01/19/2032 (Callable 10/19/2031) (a)		25,000,000		21,229,750
Cigna Corp.
4.50%, 02/25/2026 (Callable 11/27/2025)		6,397,000		6,319,951
2.40%, 03/15/2030 (Callable 12/15/2029)		13,034,000		11,264,523
4.80%, 08/15/2038 (Callable 02/15/2038)		5,000,000		4,705,249
CNH Industrial Capital LLC, 1.88%, 01/15/2026 (Callable 12/15/2025)		20,000,000		18,811,292
CNH Industrial NV, 3.85%, 11/15/2027 (Callable 08/15/2027)		23,656,000		22,732,328
Columbia Pipeline Group, Inc.
4.50%, 06/01/2025 (Callable 03/01/2025)		6,199,000		6,112,525
5.80%, 06/01/2045 (Callable 12/01/2044)		10,776,000		10,630,339
Columbia Pipelines Operating Co. LLC
6.04%, 11/15/2033 (Callable 08/15/2033) (a)		17,300,000		17,936,458
6.50%, 08/15/2043 (Callable 02/15/2043) (a)		10,000,000		10,727,986
Comcast Corp.
3.30%, 04/01/2027 (Callable 02/01/2027)		9,125,000		8,734,358
3.20%, 07/15/2036 (Callable 01/15/2036)		6,000,000		4,932,684
3.97%, 11/01/2047 (Callable 05/01/2047)		8,622,000		6,934,077
5.35%, 05/15/2053 (Callable 11/15/2052)		19,000,000		18,876,580
2.99%, 11/01/2063 (Callable 05/01/2063)		14,646,000		9,013,899
CommonSpirit Health, 3.35%, 10/01/2029 (Callable 04/01/2029)		17,635,000		16,185,578
Conagra Brands, Inc.
7.13%, 10/01/2026		6,441,000		6,708,827
7.00%, 10/01/2028		4,300,000		4,630,615
5.30%, 11/01/2038 (Callable 05/01/2038)		5,000,000		4,757,094
Concentrix Corp., 6.60%, 08/02/2028 (Callable 07/02/2028)		25,000,000		25,279,383
Constellation Brands, Inc., 4.90%, 05/01/2033 (Callable 02/01/2033)		7,950,000		7,806,872
Corning, Inc., 4.38%, 11/15/2057 (Callable 05/15/2057)		9,000,000		7,451,276
Cox Communications, Inc.
3.85%, 02/01/2025 (Callable 11/01/2024) (a)		4,725,000		4,649,626
3.35%, 09/15/2026 (Callable 06/15/2026) (a)		25,300,000		24,210,407
5.70%, 06/15/2033 (Callable 03/15/2033) (a)		5,900,000		5,974,303
4.80%, 02/01/2035 (Callable 08/01/2034) (a)		14,000,000		13,006,081
3.60%, 06/15/2051 (Callable 12/15/2050) (a)		21,000,000		14,743,927
Crown Castle, Inc., 5.10%, 05/01/2033 (Callable 02/01/2033)		20,400,000		19,867,217
CSL Finance PLC, 4.05%, 04/27/2029 (Callable 02/27/2029) (a)		7,500,000		7,192,115
CSX Corp., 4.65%, 03/01/2068 (Callable 09/01/2067)		9,000,000		7,833,857
CVS Health Corp.
3.63%, 04/01/2027 (Callable 02/01/2027)		3,000,000		2,886,866
3.25%, 08/15/2029 (Callable 05/15/2029)		8,000,000		7,341,680
5.30%, 06/01/2033 (Callable 03/01/2033)		6,500,000		6,518,297
4.78%, 03/25/2038 (Callable 09/25/2037)		40,059,000		37,057,885
2.70%, 08/21/2040 (Callable 02/21/2040)		5,000,000		3,477,063
5.13%, 07/20/2045 (Callable 01/20/2045)		44,155,000		40,731,808
5.05%, 03/25/2048 (Callable 09/25/2047)		42,300,000		38,427,748
5.88%, 06/01/2053 (Callable 12/01/2052)		9,000,000		9,174,544
Dell International LLC / EMC Corp.
6.02%, 06/15/2026 (Callable 03/15/2026)		30,055,000		30,446,072
5.30%, 10/01/2029 (Callable 07/01/2029)		6,000,000		6,077,172
DENTSPLY SIRONA, Inc., 3.25%, 06/01/2030 (Callable 03/01/2030)		27,000,000		23,945,851
Deutsche Telekom International Finance BV, 8.75%, 06/15/2030		8,661,000		10,247,499
Dignity Health, 5.27%, 11/01/2064		2,921,000		2,766,930
Dollar General Corp., 3.50%, 04/03/2030 (Callable 01/03/2030)		7,000,000		6,395,162
DuPont de Nemours, Inc.
4.49%, 11/15/2025 (Callable 09/15/2025)		10,000,000		9,868,733
5.32%, 11/15/2038 (Callable 05/15/2038)		29,000,000		28,948,127
DXC Technology Co.
1.80%, 09/15/2026 (Callable 08/15/2026)		29,000,000		26,459,961
2.38%, 09/15/2028 (Callable 07/15/2028)		79,050,000		68,707,779
Eagle Materials, Inc., 2.50%, 07/01/2031 (Callable 04/01/2031)		8,700,000		7,317,705
Eastern Gas Transmission & Storage, Inc.
4.80%, 11/01/2043 (Callable 05/01/2043)		4,017,000		3,591,168
4.60%, 12/15/2044 (Callable 06/15/2044)		3,674,000		3,161,179
Eaton Corp., 4.70%, 08/23/2052 (Callable 02/23/2052)		6,325,000		5,908,830
Element Fleet Management Corp.
3.85%, 06/15/2025 (Callable 05/15/2025) (a)		18,492,000		18,057,213
6.27%, 06/26/2026 (Callable 05/26/2026) (a)		40,000,000		40,478,537
5.64%, 03/13/2027 (Callable 02/13/2027) (a)		10,000,000		10,030,552
6.32%, 12/04/2028 (Callable 11/04/2028) (a)		9,225,000		9,534,770
Enbridge Energy Partners LP
7.50%, 04/15/2038		4,500,000		5,268,331
7.38%, 10/15/2045 (Callable 04/15/2045)		20,000,000		23,490,194
Enbridge, Inc., 6.20%, 11/15/2030 (Callable 09/15/2030)		8,725,000		9,249,111
Energy Transfer LP
4.05%, 03/15/2025 (Callable 12/15/2024)		21,190,000		20,874,931
3.90%, 07/15/2026 (Callable 04/15/2026)		10,000,000		9,699,830
5.50%, 06/01/2027 (Callable 03/01/2027)		7,019,000		7,063,195
4.00%, 10/01/2027 (Callable 07/01/2027)		2,000,000		1,923,061
6.00%, 02/01/2029 (Callable 05/02/2024) (a)		44,900,000		45,298,289
5.25%, 04/15/2029 (Callable 01/15/2029)		22,666,000		22,696,371
3.75%, 05/15/2030 (Callable 02/15/2030)		2,775,000		2,559,577
7.38%, 02/01/2031 (Callable 02/01/2026) (a)		10,450,000		10,939,750
4.90%, 03/15/2035 (Callable 09/15/2034)		4,550,000		4,305,312
6.63%, 10/15/2036		15,094,000		16,045,824
5.80%, 06/15/2038 (Callable 12/15/2037)		9,539,000		9,498,130
7.50%, 07/01/2038		20,729,000		23,846,118
6.05%, 06/01/2041 (Callable 12/01/2040)		1,611,000		1,618,916
6.50%, 02/01/2042 (Callable 08/01/2041)		7,603,000		8,073,280
5.95%, 10/01/2043 (Callable 04/01/2043)		3,550,000		3,511,729
6.13%, 12/15/2045 (Callable 06/15/2045)		5,797,000		5,834,462
5.40%, 10/01/2047 (Callable 04/01/2047)		7,425,000		6,847,463
6.00%, 06/15/2048 (Callable 12/15/2047)		10,000,000		9,952,960
6.25%, 04/15/2049 (Callable 10/15/2048)		3,850,000		3,956,657
Eni SpA, 4.25%, 05/09/2029 (Callable 02/09/2029) (a)		18,250,000		17,661,396
Enterprise Products Operating LLC, 5.75%, 03/01/2035		4,930,000		5,002,662
EQT Corp.
5.70%, 04/01/2028 (Callable 03/01/2028)		10,000,000		10,094,300
7.00%, 02/01/2030 (Callable 11/01/2029)		5,493,000		5,831,874
EQT Midstream Partners LP
4.00%, 08/01/2024 (Callable 05/02/2024)		1,123,000		1,113,096
4.13%, 12/01/2026 (Callable 09/01/2026)		10,000,000		9,626,647
Equifax, Inc., 5.10%, 06/01/2028 (Callable 05/01/2028)		15,000,000		15,030,922
Equinix, Inc.
3.20%, 11/18/2029 (Callable 08/18/2029)		2,000,000		1,791,573
2.15%, 07/15/2030 (Callable 04/15/2030)		7,675,000		6,365,423
ERAC USA Finance LLC, 3.30%, 12/01/2026 (Callable 09/01/2026) (a)		20,225,000		19,276,349
FedEx Corp., 4.95%, 10/17/2048 (Callable 04/17/2048)		15,000,000		13,638,750
Ferguson Finance PLC
4.50%, 10/24/2028 (Callable 07/24/2028) (a)		43,025,000		42,130,785
3.25%, 06/02/2030 (Callable 03/02/2030) (a)		28,100,000		25,166,116
4.65%, 04/20/2032 (Callable 01/20/2032) (a)		28,125,000		26,861,061
Fidelity National Information Services, Inc.
5.10%, 07/15/2032 (Callable 04/15/2032)		4,500,000		4,511,018
3.10%, 03/01/2041 (Callable 09/01/2040)		7,100,000		5,176,123
4.50%, 08/15/2046 (Callable 02/15/2046)		23,740,000		19,814,174
Fiserv, Inc.
3.20%, 07/01/2026 (Callable 05/01/2026)		11,650,000		11,169,674
4.20%, 10/01/2028 (Callable 07/01/2028)		5,000,000		4,825,860
3.50%, 07/01/2029 (Callable 04/01/2029)		4,307,000		4,010,461
2.65%, 06/01/2030 (Callable 03/01/2030)		28,900,000		25,126,122
5.63%, 08/21/2033 (Callable 05/21/2033)		17,000,000		17,387,524
4.40%, 07/01/2049 (Callable 01/01/2049)		11,000,000		9,332,352
Flex Intermediate Holdco LLC, 3.36%, 06/30/2031 (Callable 12/30/2030) (a)		16,000,000		12,924,703
Flex Ltd.
3.75%, 02/01/2026 (Callable 01/01/2026)		15,000,000		14,548,926
6.00%, 01/15/2028 (Callable 12/15/2027)		20,000,000		20,357,354
4.88%, 06/15/2029 (Callable 03/15/2029)		30,627,000		30,029,298
4.88%, 05/12/2030 (Callable 02/12/2030)		21,830,000		21,254,189
FLIR Systems, Inc., 2.50%, 08/01/2030 (Callable 05/01/2030)		7,000,000		5,953,187
Florida Gas Transmission Co. LLC, 2.55%, 07/01/2030 (Callable 04/01/2030) (a)		18,500,000		15,840,242
Flowserve Corp., 2.80%, 01/15/2032 (Callable 10/15/2031)		9,625,000		7,920,272
FMC Corp., 3.20%, 10/01/2026 (Callable 08/01/2026)		5,000,000		4,726,818
Ford Motor Credit Co. LLC
3.66%, 09/08/2024		5,565,000		5,507,903
5.80%, 03/05/2027 (Callable 02/05/2027)		10,000,000		10,037,466
6.80%, 11/07/2028 (Callable 10/07/2028)		15,000,000		15,665,801
Fortune Brands Home & Security, Inc., 3.25%, 09/15/2029 (Callable 06/15/2029)		15,000,000		13,665,347
Fortune Brands Innovations, Inc., 5.88%, 06/01/2033 (Callable 03/01/2033)		24,000,000		24,499,801
Fox Corp., 6.50%, 10/13/2033 (Callable 07/13/2033)		7,000,000		7,422,476
Freeport-McMoRan, Inc.
4.25%, 03/01/2030 (Callable 03/01/2025)		8,000,000		7,579,412
4.63%, 08/01/2030 (Callable 08/01/2025)		5,000,000		4,803,501
5.45%, 03/15/2043 (Callable 09/15/2042)		21,975,000		21,031,692
Fresenius Medical Care US Finance II, Inc., 4.75%, 10/15/2024 (Callable 07/17/2024) (a)		14,530,000		14,406,203
Fresenius Medical Care US Finance III, Inc.
1.88%, 12/01/2026 (Callable 11/01/2026) (a)		4,200,000		3,799,075
3.75%, 06/15/2029 (Callable 03/15/2029) (a)		24,200,000		21,762,776
2.38%, 02/16/2031 (Callable 11/16/2030) (a)		25,000,000		19,726,058
3.00%, 12/01/2031 (Callable 09/01/2031) (a)		10,000,000		8,013,108
GE Capital Funding LLC, 4.55%, 05/15/2032 (Callable 02/15/2032)		10,716,000		10,395,673
General Motors Co., 6.13%, 10/01/2025 (Callable 09/01/2025)		21,479,000		21,656,422
General Motors Financial Co., Inc.
2.90%, 02/26/2025 (Callable 01/26/2025)		13,000,000		12,682,645
6.05%, 10/10/2025		22,125,000		22,294,812
1.25%, 01/08/2026 (Callable 12/08/2025)		19,000,000		17,683,671
5.40%, 04/06/2026		20,000,000		20,013,736
2.35%, 02/26/2027 (Callable 01/26/2027)		11,000,000		10,160,445
5.80%, 06/23/2028 (Callable 05/23/2028)		30,000,000		30,601,575
5.80%, 01/07/2029 (Callable 12/07/2028)		10,000,000		10,177,554
Genpact Luxembourg Sarl, 3.38%, 12/01/2024 (Callable 11/01/2024)		59,575,000		58,739,035
Genpact Luxembourg SARL, 1.75%, 04/10/2026 (Callable 03/10/2026)		25,000,000		23,202,717
Genuine Parts Co., 6.88%, 11/01/2033 (Callable 08/01/2033)		26,375,000		29,201,708
Gilead Sciences, Inc., 4.60%, 09/01/2035 (Callable 03/01/2035)		4,600,000		4,405,109
Glencore Finance (Canada) Ltd., 5.55%, 10/25/2042  (a)		5,000,000		4,825,368
Glencore Funding LLC
4.00%, 04/16/2025  (a)		4,450,000		4,377,163
4.00%, 03/27/2027 (Callable 12/27/2026) (a)		25,550,000		24,708,572
3.88%, 10/27/2027 (Callable 07/27/2027) (a)		2,000,000		1,907,792
4.88%, 03/12/2029 (Callable 12/12/2028) (a)		11,000,000		10,825,770
5.37%, 04/04/2029 (Callable 03/04/2029) (a)		17,200,000		17,243,344
2.50%, 09/01/2030 (Callable 06/01/2030) (a)		61,437,000		52,193,426
5.70%, 05/08/2033 (Callable 02/08/2033) (a)		20,000,000		20,348,332
3.88%, 04/27/2051 (Callable 10/27/2050) (a)		6,000,000		4,486,010
3.38%, 09/23/2051 (Callable 03/23/2051) (a)		6,000,000		4,112,966
Global Payments, Inc.
4.80%, 04/01/2026 (Callable 01/01/2026)		6,990,000		6,916,710
2.15%, 01/15/2027 (Callable 12/15/2026)		6,840,000		6,312,517
3.20%, 08/15/2029 (Callable 05/15/2029)		7,500,000		6,726,910
2.90%, 05/15/2030 (Callable 02/15/2030)		14,467,000		12,573,222
Grupo Bimbo SAB de CV
4.88%, 06/27/2044  (a)		8,250,000		7,526,371
4.70%, 11/10/2047 (Callable 05/10/2047) (a)		25,000,000		21,727,133
4.00%, 09/06/2049  (a)		7,300,000		5,729,233
Gulfstream Natural Gas System LLC, 4.60%, 09/15/2025 (Callable 06/15/2025) (a)		5,000,000		4,915,974
HCA, Inc.
4.50%, 02/15/2027 (Callable 08/15/2026)		15,000,000		14,711,384
4.13%, 06/15/2029 (Callable 03/15/2029)		15,000,000		14,199,186
3.50%, 09/01/2030 (Callable 03/01/2030)		14,405,000		13,032,260
3.63%, 03/15/2032 (Callable 12/15/2031)		16,000,000		14,176,036
4.63%, 03/15/2052 (Callable 09/15/2051)		20,000,000		16,750,871
5.90%, 06/01/2053 (Callable 12/01/2052)		8,275,000		8,328,146
6.00%, 04/01/2054 (Callable 10/01/2053)		13,925,000		14,154,723
HF Sinclair Corp., 4.50%, 10/01/2030 (Callable 07/01/2030)		8,000,000		7,500,220
HP, Inc., 3.00%, 06/17/2027 (Callable 04/17/2027)		35,000,000		32,878,832
Hubbell, Inc., 3.15%, 08/15/2027 (Callable 05/15/2027)		11,700,000		11,033,063
Huntington Ingalls Industries, Inc., 2.04%, 08/16/2028 (Callable 06/16/2028)		35,513,000		31,026,073
Hutchison Whampoa International Ltd., 3.63%, 10/31/2024  (a)		7,850,000		7,757,606
Hyundai Capital America
1.80%, 10/15/2025 (Callable 09/15/2025) (a)		3,000,000		2,835,733
1.30%, 01/08/2026 (Callable 12/08/2025) (a)		10,000,000		9,299,790
1.65%, 09/17/2026 (Callable 08/17/2026) (a)		22,550,000		20,634,171
5.68%, 06/26/2028 (Callable 05/26/2028) (a)		36,375,000		36,893,545
6.10%, 09/21/2028 (Callable 08/21/2028) (a)		40,000,000		41,225,444
Infor, Inc., 1.75%, 07/15/2025 (Callable 06/15/2025) (a)		17,375,000		16,451,903
Ingredion, Inc., 2.90%, 06/01/2030 (Callable 03/01/2030)		26,775,000		23,702,662
Intel Corp.
5.20%, 02/10/2033 (Callable 11/10/2032)		5,000,000		5,074,562
4.90%, 08/05/2052 (Callable 02/05/2052)		10,000,000		9,353,158
5.70%, 02/10/2053 (Callable 08/10/2052)		7,175,000		7,422,080
International Business Machines Corp., 4.15%, 05/15/2039		11,325,000		9,985,648
International Flavors & Fragrances, Inc., 1.83%, 10/15/2027 (Callable 08/15/2027) (a)		10,000,000		8,869,085
IQVIA, Inc., 5.70%, 05/15/2028 (Callable 04/15/2028)		8,475,000		8,592,538
J M Smucker Co.
2.38%, 03/15/2030 (Callable 12/15/2029)		9,125,000		7,918,911
6.50%, 11/15/2053 (Callable 05/15/2053)		3,950,000		4,387,885
JAB Holdings BV
2.20%, 11/23/2030 (Callable 08/23/2030) (a)		6,326,000		5,071,845
4.50%, 04/08/2052 (Callable 10/08/2051) (a)		20,750,000		15,580,912
Jacobs Engineering Group, Inc.
6.35%, 08/18/2028 (Callable 07/18/2028)		21,000,000		21,714,399
5.90%, 03/01/2033 (Callable 12/01/2032)		16,784,000		17,003,554
JBS USA LUX SA / JBS USA Food Co. / JBS Luxembourg SARL, 6.75%, 03/15/2034 (Callable 12/15/2033) (a)		12,750,000		13,417,743
JBS USA LUX SA / JBS USA Food Co. / JBS USA Finance, Inc.
3.00%, 02/02/2029 (Callable 12/02/2028)		10,000,000		8,856,522
3.00%, 05/15/2032 (Callable 02/15/2032)		18,525,000		15,114,134
5.75%, 04/01/2033 (Callable 01/01/2033)		35,975,000		35,452,326
Johnson Controls International PLC
3.90%, 02/14/2026 (Callable 11/14/2025)		3,645,000		3,557,317
6.00%, 01/15/2036		892,000		944,090
4.50%, 02/15/2047 (Callable 08/15/2046)		4,400,000		3,797,481
4.95%, 07/02/2064 (Callable 01/02/2064) (e)		4,029,000		3,621,629
Jones Lang LaSalle, Inc., 6.88%, 12/01/2028 (Callable 11/01/2028)		8,000,000		8,474,811
Kellogg Co., 2.10%, 06/01/2030 (Callable 03/01/2030)		20,000,000		17,002,465
Keurig Dr Pepper, Inc., 3.95%, 04/15/2029 (Callable 02/15/2029)		17,650,000		16,868,047
Keysight Technologies, Inc., 4.60%, 04/06/2027 (Callable 01/06/2027)		36,562,000		35,995,242
Kimberly-Clark de Mexico SAB de CV, 2.43%, 07/01/2031 (Callable 04/01/2031) (a)		19,321,000		16,372,192
Kinder Morgan Energy Partners LP
7.30%, 08/15/2033		8,103,000		9,114,959
5.80%, 03/15/2035		2,150,000		2,185,560
6.50%, 02/01/2037		6,400,000		6,697,174
6.95%, 01/15/2038		14,008,000		15,346,230
6.50%, 09/01/2039		5,359,000		5,587,338
7.50%, 11/15/2040		7,917,000		9,013,185
Kinder Morgan, Inc.
8.05%, 10/15/2030		3,670,000		4,179,414
7.80%, 08/01/2031		16,745,000		18,946,511
7.75%, 01/15/2032		44,035,000		49,974,262
Kinross Gold Corp., 6.88%, 09/01/2041 (Callable 03/01/2041)		3,000,000		3,224,912
Kraft Heinz Foods Co.
3.00%, 06/01/2026 (Callable 03/01/2026)		9,249,000		8,854,348
5.00%, 07/15/2035 (Callable 01/15/2035)		10,613,000		10,455,998
7.13%, 08/01/2039  (a)		1,425,000		1,636,611
Kyndryl Holdings, Inc.
2.05%, 10/15/2026 (Callable 09/15/2026)		17,000,000		15,584,566
2.70%, 10/15/2028 (Callable 08/15/2028)		50,000,000		44,322,364
L3Harris Technologies, Inc.
3.83%, 04/27/2025 (Callable 01/27/2025)		5,000,000		4,915,366
5.40%, 07/31/2033 (Callable 04/30/2033)		20,500,000		20,625,652
Lafarge SA, 7.13%, 07/15/2036		13,596,000		15,129,095
Leidos, Inc.
3.63%, 05/15/2025 (Callable 04/15/2025)		12,925,000		12,637,522
4.38%, 05/15/2030 (Callable 02/15/2030)		47,279,000		44,830,803
2.30%, 02/15/2031 (Callable 11/15/2030)		8,175,000		6,763,730
7.13%, 07/01/2032		5,000,000		5,402,610
5.75%, 03/15/2033 (Callable 12/15/2032)		23,000,000		23,588,702
LKQ Corp., 5.75%, 06/15/2028 (Callable 05/15/2028)		12,000,000		12,216,779
Lowe's Cos., Inc., 5.85%, 04/01/2063 (Callable 10/01/2062)		3,450,000		3,567,104
Lundin Energy Finance BV, 2.00%, 07/15/2026 (Callable 06/15/2026) (a)		11,348,000		10,490,397
LYB International Finance III LLC
2.25%, 10/01/2030 (Callable 07/01/2030)		5,925,000		4,995,762
5.50%, 03/01/2034 (Callable 12/01/2033)		15,000,000		15,018,199
Marathon Petroleum Corp., 4.75%, 09/15/2044 (Callable 03/15/2044)		1,500,000		1,336,241
Marriott International, Inc./MD
5.00%, 10/15/2027 (Callable 09/15/2027)		12,950,000		12,916,474
4.90%, 04/15/2029 (Callable 03/15/2029)		10,000,000		9,926,275
Marshfield Clinic Health System, Inc., 2.70%, 02/15/2030 (Callable 08/15/2029)		23,125,000		19,909,906
Martin Marietta Materials, Inc.
2.50%, 03/15/2030 (Callable 12/15/2029)		6,200,000		5,408,212
6.25%, 05/01/2037		893,000		930,695
Mercedes-Benz Finance North America LLC, 5.25%, 11/29/2027  (a)		8,225,000		8,315,085
Microsoft Corp.
2.92%, 03/17/2052 (Callable 09/17/2051)		3,125,000		2,210,999
3.95%, 08/08/2056 (Callable 02/08/2056)		9,903,000		8,451,861
2.68%, 06/01/2060 (Callable 12/01/2059)		2,097,000		1,353,473
Midwest Connector Capital Co. LLC, 4.63%, 04/01/2029 (Callable 01/01/2029) (a)		26,022,000		25,135,241
Mohawk Industries, Inc.
5.85%, 09/18/2028 (Callable 08/18/2028)		12,650,000		13,028,409
3.63%, 05/15/2030 (Callable 02/15/2030)		10,000,000		9,233,365
Molex Electronic Technologies LLC, 3.90%, 04/15/2025 (Callable 01/15/2025) (a)		9,365,000		9,150,995
Molson Coors Beverage Co., 3.00%, 07/15/2026 (Callable 04/15/2026)		9,889,000		9,441,020
Mosaic Co.
5.45%, 11/15/2033 (Callable 05/15/2033)		2,000,000		2,001,193
4.88%, 11/15/2041 (Callable 05/15/2041)		5,000,000		4,503,138
MPLX LP
4.00%, 02/15/2025 (Callable 11/15/2024)		6,000,000		5,914,291
4.88%, 06/01/2025 (Callable 03/01/2025)		18,665,000		18,512,776
1.75%, 03/01/2026 (Callable 02/01/2026)		17,125,000		16,007,165
4.13%, 03/01/2027 (Callable 12/01/2026)		11,700,000		11,406,978
2.65%, 08/15/2030 (Callable 05/15/2030)		22,125,000		19,010,567
5.00%, 03/01/2033 (Callable 12/01/2032)		10,000,000		9,711,528
4.50%, 04/15/2038 (Callable 10/15/2037)		8,725,000		7,749,152
Mylan, Inc.
4.55%, 04/15/2028 (Callable 01/15/2028)		16,705,000		16,146,149
5.20%, 04/15/2048 (Callable 10/15/2047)		9,000,000		7,454,672
Norfolk Southern Corp., 3.05%, 05/15/2050 (Callable 11/15/2049)		17,000,000		11,504,245
Nova Southeastern University, Inc., 4.81%, 04/01/2053		7,200,000		6,098,056
Nutrien Ltd., 4.20%, 04/01/2029 (Callable 01/01/2029)		7,000,000		6,762,870
nVent Finance Sarl
4.55%, 04/15/2028 (Callable 01/15/2028)		32,634,000		31,708,354
5.65%, 05/15/2033 (Callable 02/15/2033)		5,000,000		5,045,089
NXP BV / NXP Funding LLC / NXP USA, Inc., 2.65%, 02/15/2032 (Callable 11/15/2031)		10,000,000		8,315,126
Occidental Petroleum Corp.
8.88%, 07/15/2030 (Callable 01/15/2030)		29,260,000		33,995,464
7.50%, 05/01/2031		28,703,000		31,954,418
7.88%, 09/15/2031		6,320,000		7,165,496
Ochsner LSU Health System of North Louisiana, 2.51%, 05/15/2031 (Callable 11/15/2030)		26,620,000		18,593,210
OCI NV, 6.70%, 03/16/2033 (Callable 12/16/2032) (a)		10,000,000		9,951,783
ONEOK, Inc.
3.20%, 03/15/2025 (Callable 12/15/2024)		5,000,000		4,874,842
3.95%, 03/01/2050 (Callable 09/01/2049)		5,100,000		3,766,827
Oracle Corp.
2.80%, 04/01/2027 (Callable 02/01/2027)		26,225,000		24,604,039
6.25%, 11/09/2032 (Callable 08/09/2032)		18,000,000		19,263,792
3.85%, 07/15/2036 (Callable 01/15/2036)		7,500,000		6,401,175
4.50%, 07/08/2044 (Callable 01/08/2044)		3,000,000		2,567,312
4.00%, 11/15/2047 (Callable 05/15/2047)		10,250,000		8,017,481
3.95%, 03/25/2051 (Callable 09/25/2050)		3,300,000		2,519,434
6.90%, 11/09/2052 (Callable 05/09/2052)		65,175,000		74,957,410
Orange SA, 9.00%, 03/01/2031		29,044,000		35,223,124
PeaceHealth Obligated Group, 3.22%, 11/15/2050 (Callable 05/15/2050)		7,200,000		4,954,326
Penske Truck Leasing Co. Lp / PTL Finance Corp.
2.70%, 11/01/2024 (Callable 10/01/2024) (a)		5,275,000		5,181,606
4.00%, 07/15/2025 (Callable 06/15/2025) (a)		31,150,000		30,509,127
5.88%, 11/15/2027 (Callable 10/15/2027) (a)		12,000,000		12,203,383
5.55%, 05/01/2028 (Callable 04/01/2028) (a)		24,065,000		24,334,015
6.05%, 08/01/2028 (Callable 07/01/2028) (a)		25,000,000		25,731,182
5.35%, 03/30/2029 (Callable 02/28/2029) (a)		7,500,000		7,509,173
3.35%, 11/01/2029 (Callable 08/01/2029) (a)		2,199,000		1,986,936
Perrigo Finance Unlimited Co.
4.38%, 03/15/2026 (Callable 12/15/2025)		4,875,000		4,738,580
4.65%, 06/15/2030 (Callable 03/15/2030)		10,000,000		9,192,821
Pfizer Investment Enterprises Pte Ltd., 5.30%, 05/19/2053 (Callable 11/19/2052)		18,650,000		18,590,033
Phillips 66 Co.
3.55%, 10/01/2026 (Callable 07/01/2026)		7,000,000		6,762,583
3.15%, 12/15/2029 (Callable 09/15/2029)		12,000,000		10,900,701
2.15%, 12/15/2030 (Callable 09/15/2030)		12,000,000		10,077,704
5.88%, 05/01/2042		6,000,000		6,308,424
4.88%, 11/15/2044 (Callable 05/15/2044)		26,130,000		24,404,571
Pilgrim's Pride Corp.
6.25%, 07/01/2033 (Callable 04/01/2033)		39,117,000		39,978,513
6.88%, 05/15/2034 (Callable 02/15/2034)		18,000,000		19,170,072
Plains All American Pipeline LP / PAA Finance Corp., 3.55%, 12/15/2029 (Callable 09/15/2029)		10,000,000		9,177,698
Premier Health Partners, 2.91%, 11/15/2026 (Callable 05/15/2026)		33,267,000		30,468,610
Quanta Services, Inc., 2.90%, 10/01/2030 (Callable 07/01/2030)		8,275,000		7,240,644
Regal Rexnord Corp.
6.30%, 02/15/2030 (Callable 12/15/2029) (a)		5,000,000		5,120,816
6.40%, 04/15/2033 (Callable 01/15/2033) (a)		15,129,000		15,697,952
Reliance Industries Ltd., 2.88%, 01/12/2032  (a)		26,000,000		22,106,574
Reliance Steel & Aluminum Co.
2.15%, 08/15/2030 (Callable 05/15/2030)		10,000,000		8,385,387
6.85%, 11/15/2036		6,100,000		6,690,003
Republic Services, Inc., 5.00%, 04/01/2034 (Callable 01/01/2034)		10,000,000		9,939,437
Revvity, Inc.
3.30%, 09/15/2029 (Callable 06/15/2029)		24,200,000		21,977,920
3.63%, 03/15/2051 (Callable 09/15/2050)		12,000,000		8,419,945
Rio Tinto Alcan, Inc., 5.75%, 06/01/2035		446,000		468,091
Roche Holdings, Inc., 2.61%, 12/13/2051 (Callable 06/13/2051) (a)		7,000,000		4,465,831
Rogers Communications, Inc.
3.80%, 03/15/2032 (Callable 12/15/2031)		13,000,000		11,691,085
4.50%, 03/15/2042 (Callable 09/15/2041)		8,750,000		7,604,546
5.45%, 10/01/2043 (Callable 04/01/2043)		16,560,000		15,998,792
RPM International, Inc., 2.95%, 01/15/2032 (Callable 10/15/2031)		7,350,000		6,221,739
RTX Corp.
3.50%, 03/15/2027 (Callable 12/15/2026)		9,578,000		9,207,295
2.25%, 07/01/2030 (Callable 04/01/2030)		24,375,000		20,828,460
4.35%, 04/15/2047 (Callable 10/15/2046)		9,175,000		7,816,950
3.13%, 07/01/2050 (Callable 01/01/2050)		6,000,000		4,104,043
Ryder System, Inc.
5.65%, 03/01/2028 (Callable 02/01/2028)		14,110,000		14,387,193
5.25%, 06/01/2028 (Callable 05/01/2028)		12,000,000		12,060,284
Sabine Pass Liquefaction LLC
5.63%, 03/01/2025 (Callable 12/01/2024)		32,000,000		31,964,440
5.88%, 06/30/2026 (Callable 12/31/2025)		60,000,000		60,496,654
4.50%, 05/15/2030 (Callable 11/15/2029)		43,842,000		42,194,100
5.90%, 09/15/2037 (Callable 03/15/2037)		10,000,000		10,392,506
Samarco Mineracao SA, 9.50% (9.00% PIK), 06/30/2031 (Callable 04/17/2024) (a)		4,835,171		4,363,851
Santos Finance Ltd.
3.65%, 04/29/2031 (Callable 01/29/2031) (a)		9,000,000		7,847,348
6.88%, 09/19/2033 (Callable 06/19/2033) (a)		19,600,000		20,730,704
Shell International Finance BV, 4.13%, 05/11/2035		10,000,000		9,367,520
SK Hynix, Inc., 1.50%, 01/19/2026  (a)		21,852,000		20,356,004
SK Telecom Co. Ltd., 6.63%, 07/20/2027  (a)		1,339,000		1,395,226
Smith & Nephew PLC
2.03%, 10/14/2030 (Callable 07/14/2030)		27,625,000		22,809,573
5.40%, 03/20/2034 (Callable 12/20/2033)		15,000,000		14,946,368
Smithfield Foods, Inc.
3.00%, 10/15/2030 (Callable 07/15/2030) (a)		10,000,000		8,283,431
2.63%, 09/13/2031 (Callable 06/13/2031) (a)		20,000,000		15,676,363
Sodexo, Inc., 1.63%, 04/16/2026 (Callable 03/16/2026) (a)		7,000,000		6,491,657
Solventum Corp., 5.90%, 04/30/2054 (Callable 10/30/2053) (a)		15,000,000		14,991,701
Southern Copper Corp., 7.50%, 07/27/2035		5,000,000		5,782,620
Spectra Energy Partners LP, 4.50%, 03/15/2045 (Callable 09/15/2044)		12,000,000		10,163,038
Stanley Black & Decker, Inc., 6.00%, 03/06/2028 (Callable 02/06/2028)		2,852,000		2,941,609
Steel Dynamics, Inc.
2.40%, 06/15/2025 (Callable 05/15/2025)		5,000,000		4,815,350
3.25%, 01/15/2031 (Callable 10/15/2030)		7,000,000		6,235,247
Stellantis Finance US, Inc., 1.71%, 01/29/2027 (Callable 12/29/2026) (a)		13,750,000		12,531,218
STERIS Irish FinCo Unlimited Co., 3.75%, 03/15/2051 (Callable 09/15/2050)		7,500,000		5,596,298
Suntory Holdings Ltd., 2.25%, 10/16/2024 (Callable 09/16/2024) (a)		8,500,000		8,336,105
Synnex Corp., 1.75%, 08/09/2026 (Callable 07/09/2026)		34,843,000		31,862,793
Sysco Corp.
3.30%, 07/15/2026 (Callable 04/15/2026)		11,550,000		11,094,435
5.95%, 04/01/2030 (Callable 01/01/2030)		4,000,000		4,172,680
6.60%, 04/01/2050 (Callable 10/01/2049)		12,455,000		14,229,220
Takeda Pharmaceutical Co. Ltd., 3.18%, 07/09/2050 (Callable 01/09/2050)		10,000,000		6,986,715
Targa Resources Corp.
5.20%, 07/01/2027 (Callable 06/01/2027)		15,000,000		14,984,536
6.13%, 03/15/2033 (Callable 12/15/2032)		22,200,000		23,172,275
TC PipeLines LP
4.38%, 03/13/2025 (Callable 12/13/2024)		31,115,000		30,714,899
3.90%, 05/25/2027 (Callable 02/25/2027)		30,327,000		29,020,151
Telecom Italia Capital SA, 7.20%, 07/18/2036		5,475,000		5,343,455
Telefonica Emisiones SA
4.67%, 03/06/2038		10,760,000		9,785,205
5.21%, 03/08/2047		33,100,000		30,497,482
4.90%, 03/06/2048		29,050,000		25,581,040
5.52%, 03/01/2049 (Callable 09/01/2048)		3,775,000		3,626,820
Teva Pharmaceutical Finance Netherlands III BV, 3.15%, 10/01/2026		15,000,000		14,017,994
Textron, Inc., 3.00%, 06/01/2030 (Callable 03/01/2030)		19,675,000		17,370,482
Time Warner Cable LLC
6.55%, 05/01/2037		893,000		845,339
6.75%, 06/15/2039		2,767,000		2,640,532
Timken Co.
3.88%, 09/01/2024 (Callable 06/01/2024)		11,255,000		11,177,546
4.50%, 12/15/2028 (Callable 09/15/2028)		6,550,000		6,422,726
4.13%, 04/01/2032 (Callable 01/01/2032)		9,185,000		8,414,513
T-Mobile USA, Inc.
3.38%, 04/15/2029 (Callable 04/15/2024)		10,350,000		9,557,426
3.88%, 04/15/2030 (Callable 01/15/2030)		119,330,000		111,764,303
2.55%, 02/15/2031 (Callable 11/15/2030)		20,000,000		17,042,373
3.50%, 04/15/2031 (Callable 04/15/2026)		7,000,000		6,318,136
4.38%, 04/15/2040 (Callable 10/15/2039)		24,900,000		22,151,316
5.65%, 01/15/2053 (Callable 07/15/2052)		13,000,000		13,268,855
3.60%, 11/15/2060 (Callable 05/15/2060)		19,500,000		13,696,386
Trane Technologies Financing Ltd., 5.25%, 03/03/2033 (Callable 12/03/2032)		11,625,000		11,808,613
TransCanada PipeLines Ltd.
6.20%, 10/15/2037		8,400,000		8,783,485
7.63%, 01/15/2039		21,077,000		25,003,200
Transcontinental Gas Pipe Line Co. LLC
7.25%, 12/01/2026		3,500,000		3,639,462
4.60%, 03/15/2048 (Callable 09/15/2047)		5,150,000		4,547,504
Triton Container International Ltd., 2.05%, 04/15/2026 (Callable 03/15/2026) (a)		20,000,000		18,433,156
Triton Container International Ltd. / TAL International Container Corp., 3.25%, 03/15/2032 (Callable 12/15/2031)		10,000,000		8,040,992
TTX Co.
3.90%, 02/01/2045 (Callable 08/01/2044) (a)		13,250,000		10,669,296
4.60%, 02/01/2049 (Callable 08/01/2048) (a)		8,325,000		7,539,843
Tyson Foods, Inc., 5.10%, 09/28/2048 (Callable 03/28/2048)		10,000,000		9,022,043
United Rentals North America, Inc., 6.00%, 12/15/2029 (Callable 12/15/2025) (a)		15,000,000		15,101,040
Universal Health Services, Inc.
1.65%, 09/01/2026 (Callable 08/01/2026)		24,000,000		21,878,797
2.65%, 10/15/2030 (Callable 07/15/2030)		10,000,000		8,480,837
UPMC
3.60%, 04/03/2025		45,000,000		44,198,327
5.04%, 05/15/2033 (Callable 02/15/2033)		9,275,000		9,238,869
Utah Acquisition Sub, Inc., 3.95%, 06/15/2026 (Callable 03/15/2026)		37,757,000		36,491,159
Vale Overseas Ltd.
3.75%, 07/08/2030 (Callable 04/08/2030)		28,721,000		25,817,834
6.13%, 06/12/2033 (Callable 03/12/2033)		42,450,000		42,882,226
8.25%, 01/17/2034		13,526,000		15,926,121
6.88%, 11/21/2036		45,171,000		48,280,481
6.88%, 11/10/2039		16,643,000		17,793,015
Valero Energy Corp.
2.15%, 09/15/2027 (Callable 07/15/2027)		14,150,000		12,909,237
4.00%, 04/01/2029 (Callable 01/01/2029)		15,475,000		14,850,935
6.63%, 06/15/2037		2,100,000		2,290,781
Var Energi ASA
5.00%, 05/18/2027 (Callable 04/18/2027) (a)		23,850,000		23,310,849
7.50%, 01/15/2028 (Callable 12/15/2027) (a)		65,430,000		69,203,744
8.00%, 11/15/2032 (Callable 08/15/2032) (a)		15,000,000		16,790,400
Verizon Communications, Inc.
3.00%, 03/22/2027 (Callable 01/22/2027)		5,000,000		4,740,177
4.33%, 09/21/2028		3,077,000		3,010,429
2.55%, 03/21/2031 (Callable 12/21/2030)		4,430,000		3,787,203
4.50%, 08/10/2033		16,325,000		15,621,741
4.27%, 01/15/2036		17,148,000		15,774,487
5.25%, 03/16/2037		28,793,000		29,149,320
4.81%, 03/15/2039		36,839,000		34,835,534
2.65%, 11/20/2040 (Callable 05/20/2040)		10,000,000		7,051,396
3.40%, 03/22/2041 (Callable 09/22/2040)		3,850,000		3,014,594
4.86%, 08/21/2046		2,500,000		2,352,267
5.50%, 03/16/2047		5,650,000		5,815,520
3.70%, 03/22/2061 (Callable 09/22/2060)		26,725,000		19,585,828
Viatris, Inc.
3.85%, 06/22/2040 (Callable 12/22/2039)		13,083,000		9,670,590
4.00%, 06/22/2050 (Callable 12/22/2049)		40,600,000		28,015,673
VICI Properties LP, 4.75%, 02/15/2028 (Callable 01/15/2028)		20,000,000		19,497,572
Viterra Finance BV
2.00%, 04/21/2026 (Callable 03/21/2026) (a)		23,641,000		21,962,287
4.90%, 04/21/2027 (Callable 03/21/2027) (a)		45,000,000		44,214,762
3.20%, 04/21/2031 (Callable 01/21/2031) (a)		80,020,000		69,325,482
5.25%, 04/21/2032 (Callable 01/21/2032) (a)		16,631,000		16,399,037
VMware, Inc., 1.40%, 08/15/2026 (Callable 07/15/2026)		18,850,000		17,221,085
Vodafone Group PLC
7.88%, 02/15/2030		3,100,000		3,536,066
5.00%, 05/30/2038		6,800,000		6,664,274
4.38%, 02/19/2043		15,554,000		13,459,164
5.63%, 02/10/2053 (Callable 08/10/2052)		10,000,000		9,953,568
5.75%, 02/10/2063 (Callable 08/10/2062)		5,000,000		5,051,385
Volkswagen Group of America Finance LLC
3.35%, 05/13/2025  (a)		10,000,000		9,762,447
1.25%, 11/24/2025 (Callable 10/24/2025) (a)		30,000,000		28,036,645
6.20%, 11/16/2028 (Callable 10/16/2028) (a)		30,000,000		31,195,655
Vontier Corp.
2.40%, 04/01/2028 (Callable 02/01/2028)		4,921,000		4,363,598
2.95%, 04/01/2031 (Callable 01/01/2031)		1,733,000		1,449,344
Vulcan Materials Co., 4.70%, 03/01/2048 (Callable 09/01/2047)		3,446,000		3,092,062
Wabtec Corp.
3.45%, 11/15/2026 (Callable 08/15/2026)		28,315,000		27,085,012
4.70%, 09/15/2028 (Callable 06/15/2028)		4,739,000		4,662,109
Walgreens Boots Alliance, Inc.
3.45%, 06/01/2026 (Callable 03/01/2026)		2,080,000		1,982,687
3.20%, 04/15/2030 (Callable 01/15/2030)		13,575,000		11,805,211
4.80%, 11/18/2044 (Callable 05/18/2044)		5,145,000		4,316,354
4.65%, 06/01/2046 (Callable 12/01/2045)		4,000,000		3,385,880
Walmart, Inc., 4.50%, 04/15/2053 (Callable 10/15/2052)		13,925,000		12,897,333
Warnermedia Holdings, Inc.
6.41%, 03/15/2026 (Callable 04/12/2024)		7,000,000		7,000,132
4.05%, 03/15/2029 (Callable 01/15/2029)		5,000,000		4,680,750
4.28%, 03/15/2032 (Callable 12/15/2031)		68,000,000		60,745,079
5.05%, 03/15/2042 (Callable 09/15/2041)		9,000,000		7,737,043
5.14%, 03/15/2052 (Callable 09/15/2051)		5,000,000		4,152,264
Weir Group PLC/The, 2.20%, 05/13/2026 (Callable 04/13/2026) (a)		38,555,000		35,797,403
Western Digital Corp., 4.75%, 02/15/2026 (Callable 11/15/2025)		4,000,000		3,909,563
Western Gas Partners LP, 3.95%, 06/01/2025 (Callable 03/01/2025)		8,000,000		7,836,759
Western Midstream Operating LP
3.10%, 02/01/2025 (Callable 01/01/2025)		20,000,000		19,569,478
4.05%, 02/01/2030 (Callable 11/01/2029)		10,500,000		9,777,616
6.15%, 04/01/2033 (Callable 01/01/2033)		4,550,000		4,666,721
Westinghouse Air Brake Technologies Corp., 3.20%, 06/15/2025 (Callable 05/15/2025)		10,295,000		9,999,034
WestRock MWV LLC, 8.20%, 01/15/2030		7,963,000		9,096,391
Williams Cos., Inc.
7.75%, 06/15/2031		3,400,000		3,765,957
8.75%, 03/15/2032		5,750,000		6,914,164
6.30%, 04/15/2040		8,142,000		8,601,646
4.85%, 03/01/2048 (Callable 09/01/2047)		7,000,000		6,250,733
Woodside Finance Ltd.
3.65%, 03/05/2025 (Callable 12/05/2024) (a)		12,300,000		12,067,173
4.50%, 03/04/2029 (Callable 12/04/2028) (a)		42,480,000		40,959,402
WRKCo, Inc., 3.00%, 09/15/2024 (Callable 07/15/2024)		14,895,000		14,707,443
Yara International ASA, 3.80%, 06/06/2026 (Callable 03/06/2026) (a)		23,500,000		22,603,819
Zimmer Biomet Holdings, Inc., 5.75%, 11/30/2039		11,967,000		12,050,937
				8,578,886,172
Utilities - 1.4%
Ameren Corp., 3.50%, 01/15/2031 (Callable 10/15/2030)		20,000,000		18,081,307
American Electric Power Co., Inc., 3.25%, 03/01/2050 (Callable 09/01/2049)		10,175,000		7,035,523
Avangrid, Inc., 3.20%, 04/15/2025 (Callable 03/15/2025)		14,000,000		13,641,289
Berkshire Hathaway Energy Co.
3.70%, 07/15/2030 (Callable 04/15/2030)		18,425,000		17,257,485
2.85%, 05/15/2051 (Callable 11/15/2050)		13,675,000		8,827,359
4.60%, 05/01/2053 (Callable 11/01/2052)		21,825,000		18,943,842
Commonwealth Edison Co., 3.85%, 03/15/2052 (Callable 09/15/2051)		6,050,000		4,702,691
Constellation Energy Generation LLC
5.60%, 03/01/2028 (Callable 02/01/2028)		12,600,000		12,841,879
5.80%, 03/01/2033 (Callable 12/01/2032)		5,000,000		5,157,225
Consumers Energy Co., 3.50%, 08/01/2051 (Callable 02/01/2051)		9,400,000		7,077,909
Dominion Energy, Inc., 3.38%, 04/01/2030 (Callable 01/01/2030)		10,000,000		9,091,544
DTE Electric Company, 5.40%, 04/01/2053 (Callable 10/01/2052)		9,375,000		9,467,406
DTE Energy Co., 5.10%, 03/01/2029 (Callable 02/01/2029)		12,500,000		12,449,875
DTE Energy Company, 4.88%, 06/01/2028 (Callable 05/01/2028)		19,000,000		18,794,202
Duke Energy Corp.
2.65%, 09/01/2026 (Callable 06/01/2026)		10,000,000		9,437,784
6.10%, 09/15/2053 (Callable 03/15/2053)		13,600,000		14,397,785
Duke Energy Indiana LLC, 5.40%, 04/01/2053 (Callable 10/01/2052)		7,000,000		6,880,147
Duke Energy Ohio, Inc., 5.25%, 04/01/2033 (Callable 01/01/2033)		5,000,000		5,057,583
Duke Energy Progress LLC, 4.00%, 04/01/2052 (Callable 10/01/2051)		9,600,000		7,626,648
Duquesne Light Holdings, Inc.
3.62%, 08/01/2027 (Callable 05/01/2027) (a)		5,000,000		4,691,651
2.53%, 10/01/2030 (Callable 07/01/2030) (a)		2,550,000		2,111,885
2.78%, 01/07/2032 (Callable 10/07/2031) (a)		2,810,000		2,295,797
Enel Finance International NV
3.50%, 04/06/2028  (a)		8,000,000		7,544,476
6.80%, 09/15/2037  (a)		8,440,000		9,160,926
4.75%, 05/25/2047  (a)		66,700,000		57,093,522
Entergy Corp., 2.95%, 09/01/2026 (Callable 06/01/2026)		13,075,000		12,424,870
Essential Utilities, Inc., 2.70%, 04/15/2030 (Callable 01/15/2030)		14,100,000		12,183,631
Evergy, Inc., 2.45%, 09/15/2024 (Callable 08/15/2024)		6,675,000		6,571,009
Eversource Energy, 1.65%, 08/15/2030 (Callable 05/15/2030)		9,925,000		7,984,737
Exelon Corp.
4.05%, 04/15/2030 (Callable 01/15/2030)		8,900,000		8,400,916
4.95%, 06/15/2035 (Callable 12/15/2034)		3,500,000		3,304,777
4.10%, 03/15/2052 (Callable 09/15/2051)		5,000,000		3,985,390
Fells Point Funding Trust, 3.05%, 01/31/2027 (Callable 12/31/2026) (a)		28,100,000		26,375,165
FirstEnergy Corp.
2.25%, 09/01/2030 (Callable 06/01/2030)		4,300,000		3,578,842
3.40%, 03/01/2050 (Callable 09/01/2049)		15,000,000		10,347,245
FirstEnergy Pennsylvania Electric Co., 5.20%, 04/01/2028 (Callable 03/01/2028) (a)		8,125,000		8,138,803
FirstEnergy Transmission LLC, 2.87%, 09/15/2028 (Callable 07/15/2028) (a)		10,000,000		9,118,998
Interstate Power and Light Co., 2.30%, 06/01/2030 (Callable 03/01/2030)		9,350,000		7,952,304
ITC Holdings Corp.
3.35%, 11/15/2027 (Callable 08/15/2027)		25,581,000		24,149,319
2.95%, 05/14/2030 (Callable 02/14/2030) (a)		10,000,000		8,817,981
KeySpan Corp., 8.00%, 11/15/2030		6,500,000		7,314,059
Liberty Utilities Co., 5.58%, 01/31/2029 (Callable 12/31/2028) (a)		11,350,000		11,419,571
Liberty Utilities Finance GP 1, 2.05%, 09/15/2030 (Callable 06/15/2030) (a)		10,000,000		8,104,568
Massachusetts Electric Co., 5.87%, 02/26/2054 (Callable 08/26/2053) (a)		10,000,000		10,209,988
MidAmerican Energy Co., 5.85%, 09/15/2054 (Callable 03/15/2054)		9,850,000		10,514,539
National Grid PLC, 5.60%, 06/12/2028 (Callable 05/12/2028)		10,000,000		10,184,719
National Rural Utilities Cooperative Finance Corp., 8.00%, 03/01/2032		4,659,000		5,454,582
Niagara Mohawk Power Corp., 5.66%, 01/17/2054 (Callable 07/17/2053) (a)		7,000,000		6,976,512
NiSource, Inc.
3.60%, 05/01/2030 (Callable 02/01/2030)		6,835,000		6,299,400
5.40%, 06/30/2033 (Callable 03/30/2033)		13,475,000		13,597,587
5.25%, 02/15/2043 (Callable 08/15/2042)		5,779,000		5,469,504
3.95%, 03/30/2048 (Callable 09/30/2047)		11,750,000		9,178,193
Oklahoma Gas and Electric Co., 5.60%, 04/01/2053 (Callable 10/01/2052)		5,550,000		5,555,944
Oncor Electric Delivery Co. LLC, 2.75%, 05/15/2030 (Callable 02/15/2030)		9,500,000		8,437,251
Southern Co.
5.70%, 10/15/2032 (Callable 04/15/2032)		7,000,000		7,221,798
4.25%, 07/01/2036 (Callable 01/01/2036)		5,525,000		4,926,306
Southern Co. Gas Capital Corp.
5.15%, 09/15/2032 (Callable 03/15/2032)		16,425,000		16,476,675
3.15%, 09/30/2051 (Callable 03/30/2051)		7,850,000		5,108,538
Tucson Electric Power Co., 5.50%, 04/15/2053 (Callable 10/15/2052)		5,400,000		5,351,962
Xcel Energy, Inc., 3.40%, 06/01/2030 (Callable 12/01/2029)		15,000,000		13,387,152
				614,190,575
TOTAL CORPORATE BONDS (Cost $17,430,720,934)				16,303,724,350
U.S. TREASURY OBLIGATIONS - 27.9%	Par		Value
United States Treasury Note/Bond
4.50%, 07/15/2026		175,000,000		174,788,086
4.38%, 08/15/2026		658,825,000		656,483,081
1.13%, 10/31/2026		2,000,650,000		1,838,097,187
4.63%, 11/15/2026		139,150,000		139,644,635
4.00%, 01/15/2027		200,000,000		197,695,312
4.13%, 02/15/2027		434,475,000		430,978,832
1.13%, 08/31/2028		419,550,000		367,073,475
2.38%, 03/31/2029		1,155,400,000		1,059,537,906
2.75%, 05/31/2029		115,000,000		107,188,086
3.88%, 12/31/2029		644,650,000		633,343,445
4.13%, 08/31/2030		757,725,000		753,403,603
4.00%, 01/31/2031		271,625,000		268,272,129
1.25%, 08/15/2031		5,100,000		4,157,496
3.50%, 02/15/2033		806,000,000		763,999,840
1.38%, 11/15/2040		1,018,650,000		656,233,430
2.25%, 05/15/2041		396,825,000		293,681,500
2.38%, 02/15/2042		964,450,000		718,515,250
3.38%, 08/15/2042		603,200,000		521,815,122
2.88%, 05/15/2043		1,045,495,000		832,067,002
2.50%, 02/15/2045		1,580,750,000		1,157,775,886
2.88%, 05/15/2049		40,000,000		30,482,812
1.25%, 05/15/2050		110,850,000		56,823,616
1.38%, 08/15/2050		292,350,000		154,728,521
2.38%, 05/15/2051		160,500,000		109,177,618
2.88%, 05/15/2052		1,012,950,000		767,942,719
TOTAL U.S. TREASURY OBLIGATIONS (Cost $13,906,947,405)				12,693,906,589
RESIDENTIAL MORTGAGE-BACKED SECURITY - U.S. GOVERNMENT AGENCY ISSUES - 21.8%	Par		Value
Federal Home Loan Mortgage Corp.
Pool A89870, 4.50%, 11/01/2039		1,334,151		1,311,255
Pool A90316, 4.50%, 12/01/2039		6,291,324		6,183,350
Pool A91387, 5.00%, 03/01/2040		276,480		276,463
Pool A93996, 4.50%, 09/01/2040		912,093		896,438
Pool A96413, 4.00%, 01/01/2041		8,578,653		8,146,688
Pool A97620, 4.50%, 03/01/2041		643,814		632,762
Pool C00785, 6.50%, 06/01/2029		32,965		33,727
Pool C03490, 4.50%, 08/01/2040		218,355		214,608
Pool C03829, 4.00%, 03/01/2042		2,668,252		2,533,885
Pool C09004, 3.50%, 07/01/2042		3,540,000		3,265,220
Pool C09013, 3.00%, 09/01/2042		7,836,799		7,017,899
Pool C09015, 3.00%, 10/01/2042		2,151,412		1,925,483
Pool C09028, 3.50%, 01/01/2043		7,374,614		6,790,516
Pool C91430, 3.00%, 03/01/2032		874,100		823,862
Pool C91484, 3.00%, 08/01/2032		5,759,540		5,417,340
Pool C91557, 3.00%, 09/01/2032		38,621,223		36,276,678
Pool C91619, 3.00%, 04/01/2033		789,128		738,871
Pool C91922, 3.50%, 03/01/2037		2,579,950		2,433,767
Pool C91923, 4.00%, 03/01/2037		1,438,332		1,387,524
Pool G01916, 5.00%, 09/01/2035		3,621,819		3,648,310
Pool G04834, 5.00%, 03/01/2036		1,487,713		1,498,593
Pool G05364, 5.00%, 08/01/2033		1,713,804		1,726,301
Pool G06959, 3.50%, 10/01/2041		2,742,267		2,537,159
Pool G07304, 3.50%, 12/01/2042		4,090,751		3,774,002
Pool G07477, 4.00%, 01/01/2041		4,380,775		4,160,194
Pool G07530, 3.50%, 05/01/2043		4,969,848		4,590,752
Pool G07801, 4.00%, 10/01/2044		3,527,707		3,349,907
Pool G07849, 3.50%, 05/01/2044		17,492,754		16,111,241
Pool G07995, 5.50%, 01/01/2039		3,831,041		3,917,892
Pool G08105, 5.50%, 01/01/2036		61,592		62,991
Pool G08168, 6.00%, 12/01/2036		57,222		59,385
Pool G08269, 5.50%, 05/01/2038		173,664		177,621
Pool G08372, 4.50%, 11/01/2039		1,098,850		1,079,991
Pool G08518, 3.00%, 02/01/2043		1,212,456		1,085,118
Pool G08528, 3.00%, 04/01/2043		3,107,302		2,780,943
Pool G08534, 3.00%, 06/01/2043		26,388,670		23,616,953
Pool G08540, 3.00%, 08/01/2043		2,066,562		1,849,496
Pool G08577, 4.00%, 03/01/2044		1,548,745		1,470,691
Pool G08595, 4.00%, 07/01/2044		1,189,762		1,129,795
Pool G08609, 3.50%, 10/01/2044		19,999,990		18,345,544
Pool G08622, 3.00%, 01/01/2045		7,185,617		6,377,377
Pool G08672, 4.00%, 10/01/2045		1,769,475		1,679,716
Pool G08677, 4.00%, 11/01/2045		3,971,074		3,769,635
Pool G08681, 3.50%, 12/01/2045		2,955,978		2,701,591
Pool G08694, 4.00%, 02/01/2046		5,179,982		4,862,780
Pool G08706, 3.50%, 05/01/2046		2,216,006		2,025,308
Pool G08721, 3.00%, 09/01/2046		44,810,293		39,536,627
Pool G08759, 4.50%, 04/01/2047		10,923,249		10,656,719
Pool G08780, 4.00%, 09/01/2047		5,969,037		5,653,819
Pool G30974, 3.50%, 01/01/2034		5,517,308		5,274,320
Pool G60038, 3.50%, 01/01/2044		3,947,262		3,637,925
Pool G60039, 3.00%, 04/01/2043		7,155,591		6,403,970
Pool G60181, 4.50%, 01/01/2045		10,974,896		10,732,375
Pool G60365, 5.00%, 02/01/2038		846,418		852,600
Pool G60393, 3.50%, 01/01/2046		12,064,026		11,060,863
Pool G60551, 4.00%, 04/01/2046		3,653,962		3,468,641
Pool G60602, 3.50%, 11/01/2043		2,622,451		2,419,427
Pool G60722, 3.00%, 10/01/2046		28,715,083		25,361,688
Pool G60774, 3.00%, 10/01/2045		14,429,591		12,914,244
Pool G60932, 3.50%, 02/01/2044		12,398,037		11,429,111
Pool G60988, 3.00%, 05/01/2047		26,298,874		23,229,534
Pool G60994, 3.50%, 01/01/2045		11,501,230		10,602,403
Pool G61581, 4.00%, 08/01/2048		9,903,963		9,366,623
Pool G67700, 3.50%, 08/01/2046		13,020,299		11,945,605
Pool G67701, 3.00%, 10/01/2046		47,112,869		41,714,806
Pool G67702, 4.00%, 01/01/2047		22,250,148		21,130,368
Pool G67708, 3.50%, 03/01/2048		58,800,072		53,848,270
Pool Q08998, 3.50%, 06/01/2042		1,398,506		1,290,539
Pool Q10378, 3.00%, 08/01/2042		5,291,689		4,752,428
Pool Q13205, 3.00%, 11/01/2042		19,027,375		17,078,514
Pool Q14875, 3.00%, 01/01/2043		9,111,553		8,159,365
Pool Q16902, 4.00%, 04/01/2043		9,539,300		9,152,412
Pool Q17640, 3.00%, 04/01/2043		2,617,898		2,342,955
Pool Q28765, 4.00%, 05/01/2044		7,155,118		6,794,712
Pool Q45864, 3.00%, 02/01/2047		16,426,453		14,442,104
Pool QB5689, 2.50%, 11/01/2050		21,157,673		17,809,985
Pool QC3874, 2.50%, 07/01/2051		31,766,689		26,661,520
Pool QC6017, 2.50%, 08/01/2051		16,618,634		14,017,491
Pool QC7500, 3.00%, 09/01/2051		15,674,816		13,738,546
Pool QC9160, 3.00%, 10/01/2051		10,958,926		9,470,531
Pool QD0744, 2.50%, 11/01/2051		9,105,659		7,642,353
Pool QE5105, 4.50%, 07/01/2052		34,002,548		32,746,740
Pool QK0430, 2.00%, 09/01/2040		23,234,630		19,697,254
Pool RA4375, 2.50%, 02/01/2051		39,535,155		33,328,543
Pool RA4562, 2.50%, 02/01/2051		19,616,519		16,511,544
Pool RA4637, 2.50%, 02/01/2051		54,828,884		46,132,645
Pool RA5764, 2.00%, 09/01/2051		107,532,481		85,528,963
Pool RA7679, 5.00%, 07/01/2052		98,516,469		96,436,235
Pool RB5086, 2.50%, 11/01/2040		57,016,688		49,756,976
Pool RB5089, 1.50%, 12/01/2040		42,813,825		35,227,882
Pool RB5090, 2.00%, 12/01/2040		79,211,862		67,044,892
Pool RB5145, 2.00%, 02/01/2042		44,813,253		37,649,800
Pool RC1535, 2.00%, 08/01/2035		41,607,109		37,163,855
Pool SB0743, 3.00%, 01/01/2034		35,497,636		33,529,760
Pool SB0794, 1.50%, 06/01/2036		20,034,961		17,455,518
Pool SB0967, 2.00%, 01/01/2037		31,637,047		28,377,722
Pool SB8500, 2.50%, 07/01/2035		4,892,519		4,478,405
Pool SC0052, 3.00%, 02/01/2040		8,979,922		8,160,299
Pool SC0208, 2.00%, 11/01/2041		72,006,587		60,627,934
Pool SC0242, 2.50%, 02/01/2042		10,651,448		9,268,811
Pool SC0392, 4.00%, 06/01/2038		53,812,759		52,016,898
Pool SD0039, 4.00%, 02/01/2046		25,242,181		23,941,353
Pool SD0295, 3.00%, 02/01/2049		37,361,973		33,161,141
Pool SD0580, 3.00%, 04/01/2051		31,454,898		27,314,473
Pool SD0614, 2.50%, 05/01/2051		37,761,044		31,488,533
Pool SD0649, 2.50%, 06/01/2051		15,924,544		13,268,316
Pool SD2164, 5.50%, 01/01/2053		103,325,262		103,646,683
Pool SD2176, 6.00%, 01/01/2053		36,086,217		36,952,459
Pool SD2230, 2.00%, 08/01/2051		48,258,863		38,384,893
Pool SD2903, 2.00%, 03/01/2051		195,558,728		156,162,613
Pool SD3595, 6.00%, 08/01/2053		25,805,769		26,654,494
Pool SD3860, 6.50%, 09/01/2053		48,355,970		49,772,950
Pool SD4957, 2.00%, 03/01/2051		40,748,606		32,338,018
Pool SD7507, 3.00%, 11/01/2049		42,557,151		37,462,200
Pool SD7516, 4.00%, 05/01/2050		70,853,623		66,956,970
Pool SD7525, 2.50%, 10/01/2050		8,169,335		6,905,256
Pool SD7526, 2.50%, 10/01/2050		8,474,090		7,148,886
Pool SD7538, 2.00%, 04/01/2051		71,505,333		58,397,907
Pool SD7541, 2.00%, 05/01/2051		29,910,244		24,154,808
Pool SD7548, 2.50%, 11/01/2051		126,656,989		106,798,408
Pool SD7553, 3.00%, 03/01/2052		116,865,775		102,050,406
Pool SD7555, 3.00%, 08/01/2052		98,407,846		86,085,833
Pool SF5020, 3.50%, 01/01/2047		24,429,086		22,375,275
Pool SI2074, 2.00%, 09/01/2050		50,218,591		40,125,498
Pool SI2076, 2.00%, 09/01/2050		33,983,021		27,152,864
Pool SI2077, 2.00%, 09/01/2050		16,538,480		13,214,555
Pool Z40130, 3.00%, 01/01/2046		40,367,018		36,131,339
Pool ZA2494, 3.50%, 02/01/2038		28,332,371		26,456,561
Pool ZL3549, 3.50%, 08/01/2042		24,322,334		22,400,947
Pool ZL3711, 3.50%, 09/01/2042		36,398,044		33,526,547
Pool ZL4646, 3.00%, 01/01/2043		12,765,222		11,409,785
Pool ZM8767, 4.50%, 10/01/2048		7,912,916		7,659,767
Pool ZS4693, 3.00%, 12/01/2046		25,698,799		22,623,501
Pool ZS4724, 4.50%, 06/01/2047		66,916,493		65,141,995
Pool ZS4732, 4.50%, 08/01/2047		17,768,689		17,303,960
Pool ZS7942, 3.00%, 02/01/2033		22,785,308		21,522,605
Pool ZS8577, 2.50%, 08/01/2030		72,522,136		68,119,876
Pool ZT1257, 3.00%, 01/01/2046		51,466,068		46,004,561
Pool ZT2262, 3.00%, 06/01/2048		35,720,822		30,888,966
Pool ZT2407, 3.50%, 03/01/2043		34,904,630		32,315,839
Federal National Mortgage Association
Pool 254903, 5.00%, 10/01/2033		5,979,359		6,015,433
Pool 254949, 5.00%, 11/01/2033		16,416		16,515
Pool 257203, 5.00%, 05/01/2028		39,463		39,146
Pool 555285, 6.00%, 03/01/2033		14,403		14,737
Pool 725025, 4.50%, 10/01/2033		5,072,401		4,963,874
Pool 725425, 5.50%, 04/01/2034		2,080,831		2,125,436
Pool 725773, 5.50%, 09/01/2034		56,402		57,612
Pool 735060, 6.00%, 11/01/2034		15,834		16,398
Pool 735228, 5.50%, 02/01/2035		187,973		192,007
Pool 735676, 5.00%, 07/01/2035		1,596,620		1,606,259
Pool 735925, 5.00%, 10/01/2035		762,639		767,250
Pool 745275, 5.00%, 02/01/2036		1,095,707		1,102,338
Pool 745946, 5.50%, 11/01/2036		73,462		75,041
Pool 890355, 3.50%, 09/01/2041		6,416,526		5,924,113
Pool AB0524, 4.00%, 04/01/2039		4,009,169		3,841,164
Pool AB1614, 4.00%, 10/01/2040		11,611,535		11,015,711
Pool AB3745, 4.00%, 10/01/2041		2,187,680		2,074,938
Pool AB6496, 3.00%, 10/01/2042		9,798,986		8,773,948
Pool AB8612, 3.00%, 03/01/2043		14,367,674		12,842,009
Pool AC5442, 4.50%, 11/01/2039		62,287		61,142
Pool AD0249, 5.50%, 04/01/2037		464,026		473,966
Pool AD8522, 4.00%, 08/01/2040		440,300		417,852
Pool AE0828, 3.50%, 02/01/2041		4,393,578		4,058,247
Pool AH0936, 3.50%, 12/01/2040		2,677,951		2,474,122
Pool AI7784, 4.50%, 07/01/2041		2,605,216		2,557,266
Pool AJ1407, 4.00%, 09/01/2041		610,341		578,887
Pool AJ7689, 4.00%, 12/01/2041		2,658,432		2,521,396
Pool AK2400, 4.00%, 02/01/2042		15,258,153		14,471,714
Pool AL0160, 4.50%, 05/01/2041		2,494,107		2,443,541
Pool AL5097, 4.50%, 09/01/2043		3,902,701		3,811,673
Pool AL6340, 5.00%, 06/01/2039		3,844,666		3,867,895
Pool AL7521, 5.00%, 06/01/2039		5,352,658		5,384,937
Pool AL7822, 4.00%, 07/01/2043		10,585,371		10,039,749
Pool AL7954, 5.00%, 07/01/2041		4,299,578		4,325,545
Pool AL8819, 3.50%, 10/01/2043		19,982,618		18,369,499
Pool AL9043, 3.50%, 09/01/2046		4,190,698		3,839,386
Pool AL9555, 4.00%, 02/01/2045		6,272,696		5,949,428
Pool AL9633, 3.00%, 11/01/2043		10,424,845		9,324,737
Pool AL9764, 4.50%, 02/01/2046		10,687,306		10,490,748
Pool AO2970, 3.00%, 05/01/2042		2,602,309		2,336,812
Pool AO8044, 3.50%, 07/01/2042		39,023,331		35,981,481
Pool AP0489, 3.50%, 08/01/2042		2,858,160		2,633,386
Pool AR9195, 3.00%, 03/01/2043		2,821,158		2,521,617
Pool AS0303, 3.00%, 08/01/2043		1,997,284		1,785,242
Pool AS4257, 4.00%, 01/01/2045		2,302,698		2,183,625
Pool AS5831, 4.00%, 09/01/2045		1,764,791		1,673,207
Pool AS6013, 4.00%, 10/01/2045		2,320,843		2,200,403
Pool AS6227, 4.00%, 11/01/2045		8,811,942		8,311,008
Pool AS7150, 3.00%, 05/01/2046		6,203,444		5,488,264
Pool AS7244, 3.50%, 05/01/2046		11,282,965		10,299,666
Pool AS8073, 2.50%, 10/01/2046		11,931,448		10,110,357
Pool AS8470, 3.00%, 12/01/2046		12,927,038		11,424,722
Pool AS9917, 4.00%, 07/01/2047		34,640,214		33,081,052
Pool AT2721, 3.00%, 05/01/2043		14,711,502		13,149,438
Pool AT2725, 3.00%, 05/01/2043		6,886,917		6,155,728
Pool AT5900, 3.00%, 06/01/2043		2,988,192		2,670,949
Pool AU1628, 3.00%, 07/01/2043		1,245,393		1,113,158
Pool AU8844, 4.00%, 11/01/2043		3,724,099		3,532,038
Pool AW8165, 4.00%, 01/01/2042		3,432,632		3,255,718
Pool AX5316, 4.50%, 01/01/2042		4,084,423		4,009,284
Pool AY3374, 3.50%, 04/01/2045		10,135,435		9,275,656
Pool AZ7903, 4.00%, 06/01/2041		4,553,150		4,318,539
Pool AZ9565, 3.50%, 12/01/2045		11,624,290		10,611,368
Pool BC1445, 3.00%, 07/01/2046		4,424,076		3,909,202
Pool BE5067, 3.50%, 11/01/2046		20,835,794		19,031,124
Pool BE5069, 3.00%, 11/01/2046		9,118,557		8,087,068
Pool BF0212, 4.50%, 02/01/2041		20,748,548		20,396,852
Pool BF0231, 3.00%, 04/01/2042		22,756,017		20,739,411
Pool BF0241, 3.50%, 05/01/2052		42,478,094		38,772,810
Pool BF0345, 3.00%, 10/01/2043		43,070,381		38,822,519
Pool BF0386, 3.00%, 02/01/2049		10,996,018		9,691,681
Pool BF0414, 3.00%, 11/01/2059		45,193,825		38,751,360
Pool BF0500, 3.00%, 12/01/2054		86,808,969		74,469,472
Pool BF0546, 2.50%, 07/01/2061		9,255,676		7,414,992
Pool BF0617, 2.50%, 03/01/2062		44,113,194		35,353,731
Pool BF0656, 4.00%, 06/01/2062		131,600,913		120,275,950
Pool BH2594, 3.50%, 08/01/2047		4,746,363		4,332,644
Pool BH4101, 3.50%, 10/01/2047		4,423,418		4,037,849
Pool BH7071, 4.50%, 12/01/2047		2,215,430		2,139,736
Pool BH9277, 3.50%, 02/01/2048		22,202,140		20,266,837
Pool BM1031, 3.00%, 09/01/2043		37,425,086		33,450,316
Pool BM1066, 4.00%, 02/01/2047		2,196,955		2,082,932
Pool BM1428, 3.50%, 09/01/2043		17,127,073		15,736,580
Pool BM1753, 4.00%, 05/01/2037		13,075,423		12,573,428
Pool BM2003, 4.00%, 10/01/2047		11,430,311		10,824,017
Pool BM2005, 4.00%, 12/01/2047		13,957,909		13,213,205
Pool BM2007, 4.00%, 09/01/2048		3,039,018		2,869,957
Pool BM3108, 4.50%, 08/01/2046		7,816,456		7,633,977
Pool BM3286, 4.50%, 11/01/2047		3,809,388		3,725,115
Pool BM3972, 2.50%, 04/01/2038		20,726,270		18,600,901
Pool BM3974, 4.00%, 05/01/2038		8,101,970		7,800,141
Pool BM4148, 4.00%, 07/01/2048		11,848,153		11,238,042
Pool BM4746, 3.50%, 02/01/2044		35,347,141		32,554,473
Pool BM4973, 3.50%, 05/01/2043		14,642,304		13,491,610
Pool BM5460, 3.50%, 01/01/2035		19,184,207		18,314,076
Pool BM5478, 4.50%, 01/01/2049		7,676,519		7,471,111
Pool BM5538, 5.00%, 11/01/2048		14,867,731		14,856,006
Pool BM5628, 4.50%, 11/01/2048		11,420,720		11,090,398
Pool BM5784, 3.50%, 05/01/2047		900,023		821,579
Pool BM5787, 4.00%, 08/01/2047		17,196,778		16,318,264
Pool BM5803, 4.50%, 04/01/2039		10,019,496		9,835,017
Pool BM5900, 3.00%, 11/01/2046		19,153,619		17,122,290
Pool BM6825, 3.50%, 06/01/2045		10,304,944		9,440,072
Pool BM7089, 3.00%, 02/01/2052		78,254,990		67,406,439
Pool BQ1226, 2.00%, 09/01/2050		41,774,813		33,297,621
Pool BQ3361, 2.00%, 09/01/2050		41,560,071		33,156,565
Pool BQ9497, 3.00%, 11/01/2050		5,750,778		5,048,205
Pool BT6883, 2.00%, 09/01/2051		11,500,974		9,291,149
Pool BU7102, 2.50%, 12/01/2051		44,273,316		36,750,626
Pool CA4447, 2.50%, 11/01/2034		13,589,424		12,502,562
Pool CA4509, 2.50%, 11/01/2034		11,080,121		10,193,901
Pool CA5964, 2.00%, 06/01/2040		37,958,936		32,190,204
Pool CA6256, 2.50%, 07/01/2050		94,947,100		80,013,053
Pool CA6307, 2.50%, 07/01/2050		33,137,399		27,663,474
Pool CA6308, 3.00%, 07/01/2050		49,358,353		43,690,913
Pool CA7604, 3.00%, 11/01/2050		62,332,241		55,108,060
Pool CA8230, 2.50%, 12/01/2050		74,527,650		62,746,559
Pool CB0290, 2.00%, 04/01/2051		156,142,270		124,523,051
Pool CB1806, 2.50%, 10/01/2051		36,447,869		30,518,069
Pool CB2162, 3.00%, 11/01/2051		114,024,857		99,739,111
Pool CB2345, 2.00%, 12/01/2051		24,020,818		19,419,512
Pool CB4135, 5.00%, 07/01/2052		109,872,060		107,367,033
Pool CB4140, 5.00%, 07/01/2052		65,359,801		63,903,954
Pool CB5025, 5.50%, 11/01/2052		47,726,197		48,004,904
Pool FM2568, 3.00%, 05/01/2038		11,526,556		10,644,501
Pool FM2743, 3.00%, 02/01/2034		21,571,008		20,382,204
Pool FM2972, 4.00%, 12/01/2044		96,303,289		91,345,739
Pool FM3004, 4.00%, 01/01/2046		15,179,633		14,363,323
Pool FM3117, 3.00%, 05/01/2050		35,938,496		31,641,024
Pool FM3160, 4.50%, 02/01/2049		8,192,232		7,905,861
Pool FM3946, 4.00%, 01/01/2049		2,963,716		2,803,140
Pool FM4561, 2.50%, 10/01/2050		38,337,720		32,277,643
Pool FM4875, 2.50%, 11/01/2050		6,307,716		5,339,616
Pool FM4908, 2.50%, 11/01/2050		52,208,372		43,626,280
Pool FM5024, 2.50%, 12/01/2050		50,909,818		42,458,837
Pool FM5262, 3.50%, 10/01/2040		9,084,105		8,510,318
Pool FM5535, 2.50%, 01/01/2041		23,651,464		20,642,811
Pool FM6058, 3.50%, 02/01/2037		5,016,269		4,778,490
Pool FM6422, 1.50%, 03/01/2036		2,603,148		2,271,389
Pool FM6990, 3.00%, 08/01/2040		26,125,636		23,725,082
Pool FM7064, 2.50%, 01/01/2051		31,955,927		26,929,584
Pool FM7381, 2.50%, 05/01/2051		34,089,772		28,682,326
Pool FM7466, 2.50%, 05/01/2051		73,234,528		61,998,935
Pool FM7830, 2.50%, 04/01/2051		17,927,879		15,093,981
Pool FM7911, 2.50%, 06/01/2051		25,087,134		21,203,055
Pool FM7962, 2.50%, 07/01/2051		64,908,646		54,877,618
Pool FM8150, 2.00%, 07/01/2051		42,557,930		34,438,989
Pool FM8215, 2.50%, 03/01/2051		19,034,809		16,040,838
Pool FM8318, 2.50%, 07/01/2051		21,725,646		18,171,227
Pool FM8322, 2.00%, 08/01/2051		15,129,882		12,232,714
Pool FM8644, 4.00%, 06/01/2039		7,762,790		7,520,051
Pool FM8804, 2.50%, 09/01/2051		118,552,682		98,893,403
Pool FM9243, 3.00%, 10/01/2051		59,430,511		51,384,779
Pool FM9284, 2.50%, 11/01/2051		27,546,429		23,122,846
Pool FM9479, 2.50%, 11/01/2051		95,710,710		79,868,857
Pool FM9495, 2.00%, 11/01/2051		55,596,304		44,750,749
Pool FM9599, 2.50%, 11/01/2051		31,985,432		27,161,768
Pool FM9671, 2.00%, 12/01/2051		99,607,389		80,185,911
Pool FM9700, 2.00%, 12/01/2051		34,189,940		27,577,828
Pool FM9732, 2.50%, 12/01/2051		99,945,730		83,402,642
Pool FM9781, 2.50%, 12/01/2051		22,059,496		18,523,024
Pool FM9807, 2.00%, 12/01/2051		31,088,680		25,025,144
Pool FM9877, 2.50%, 12/01/2051		123,875,005		104,364,315
Pool FP0057, 4.00%, 08/01/2050		25,841,443		24,762,107
Pool FS0192, 2.50%, 01/01/2052		42,320,506		35,559,833
Pool FS0216, 2.00%, 01/01/2037		28,551,619		25,554,929
Pool FS0493, 3.00%, 02/01/2052		23,127,975		20,230,183
Pool FS0585, 3.00%, 02/01/2052		29,030,590		25,392,547
Pool FS0739, 3.50%, 02/01/2052		29,815,312		26,866,735
Pool FS1005, 2.00%, 02/01/2042		37,081,232		31,167,212
Pool FS1009, 2.00%, 02/01/2042		39,050,887		32,851,209
Pool FS1093, 3.50%, 04/01/2052		82,119,616		73,860,222
Pool FS1115, 2.50%, 05/01/2051		62,516,315		53,305,968
Pool FS1120, 3.00%, 03/01/2052		64,822,861		56,477,977
Pool FS1226, 4.00%, 05/01/2049		6,533,974		6,170,498
Pool FS1365, 2.50%, 03/01/2042		45,891,112		39,826,110
Pool FS1974, 1.50%, 02/01/2036		37,687,852		32,882,440
Pool FS2111, 4.50%, 10/01/2045		98,018,295		95,972,699
Pool FS2166, 4.50%, 07/01/2052		14,173,217		13,634,199
Pool FS2488, 2.50%, 10/01/2034		40,922,459		37,650,700
Pool FS2917, 3.00%, 11/01/2033		33,685,064		31,901,585
Pool FS2918, 3.00%, 09/01/2033		25,075,155		23,657,252
Pool FS4603, 2.00%, 05/01/2042		125,461,731		106,211,765
Pool FS4654, 2.00%, 07/01/2051		77,775,859		62,114,222
Pool FS4973, 3.50%, 06/01/2032		55,143,829		52,681,648
Pool FS5120, 6.00%, 07/01/2053		11,663,473		12,064,514
Pool FS5760, 3.50%, 11/01/2048		52,812,299		48,210,364
Pool FS5788, 6.50%, 09/01/2053		28,343,943		29,269,459
Pool FS5815, 3.00%, 04/01/2048		83,335,252		74,496,891
Pool FS5816, 3.50%, 07/01/2047		36,889,500		33,972,807
Pool MA0140, 4.50%, 08/01/2029		339,841		334,619
Pool MA0171, 4.50%, 09/01/2029		382,576		376,704
Pool MA0583, 4.00%, 12/01/2040		2,762,712		2,620,300
Pool MA0949, 3.50%, 01/01/2032		13,960,195		13,339,203
Pool MA1200, 3.00%, 10/01/2032		725,874		681,912
Pool MA1275, 3.00%, 12/01/2032		1,458,199		1,365,430
Pool MA1608, 3.50%, 10/01/2033		7,462,706		7,098,641
Pool MA1764, 4.00%, 01/01/2034		2,369,407		2,293,757
Pool MA1922, 4.00%, 06/01/2034		3,117,152		3,010,139
Pool MA1960, 4.00%, 07/01/2034		30,898,485		29,899,813
Pool MA2019, 4.00%, 09/01/2034		3,494,581		3,381,550
Pool MA2287, 3.00%, 06/01/2035		4,713,975		4,366,864
Pool MA2804, 3.00%, 11/01/2036		14,163,344		13,028,733
Pool MA2841, 2.50%, 12/01/2036		7,668,179		6,886,072
Pool MA3183, 4.00%, 11/01/2047		8,826,123		8,332,449
Pool MA3281, 4.00%, 02/01/2038		9,965,407		9,554,418
Pool MA3305, 3.50%, 03/01/2048		19,916,016		18,179,915
Pool MA3333, 4.00%, 04/01/2048		30,221,132		28,546,257
Pool MA3468, 4.50%, 09/01/2048		8,717,975		8,433,701
Pool MA4119, 2.00%, 09/01/2050		41,974,096		33,510,803
Pool MA4159, 2.50%, 10/01/2050		64,979,254		54,205,209
Pool MA4175, 1.50%, 11/01/2040		132,144,067		108,796,429
Pool MA4182, 2.00%, 11/01/2050		218,759,122		174,708,829
Pool MA4202, 1.50%, 12/01/2040		41,271,979		33,752,481
Pool MA4206, 2.00%, 12/01/2035		44,322,452		39,589,187
Pool MA4208, 2.00%, 12/01/2050		62,254,765		49,684,446
Pool MA4501, 2.00%, 12/01/2041		121,378,247		102,043,904
Pool MA4540, 2.00%, 02/01/2042		12,951,768		10,883,857
Pool MA4570, 2.00%, 03/01/2042		66,518,085		55,873,407
Series 1998-66, Class C, 6.00%, 12/25/2028		649		646
Ginnie Mae II Pool
Pool 785433, 2.50%, 04/20/2051		61,418,854		52,157,022
Pool 785575, 2.50%, 08/20/2051		90,176,161		75,796,828
Pool 787313, 2.50%, 09/20/2051		91,543,979		77,362,093
Pool MA1157, 3.50%, 07/20/2043		18,902,839		17,586,885
Pool MA2224, 4.00%, 09/20/2044		16,078,120		15,454,993
Pool MA4777, 3.00%, 10/20/2047		16,117,569		14,404,471
Pool MA5765, 5.00%, 02/20/2049		33,914,011		33,715,775
Pool MA6709, 2.50%, 06/20/2050		102,456,204		87,642,459
Pool MA8571, 6.00%, 01/20/2053		34,926,890		35,270,679
Government National Mortgage Association (GNMA)
Pool 3474, 6.00%, 11/20/2033		15,157		15,641
Pool 4747, 5.00%, 07/20/2040		579,451		584,469
Pool 5202, 3.50%, 10/20/2041		2,870,281		2,667,038
Pool 778793, 3.50%, 01/15/2042		4,841,824		4,529,869
Pool 784551, 3.00%, 11/20/2046		18,695,133		16,813,845
Pool 785025, 3.50%, 02/20/2050		58,266,858		53,321,986
Pool 785447, 2.50%, 03/20/2051		46,720,514		39,487,422
Pool 785531, 2.50%, 06/20/2051		31,502,156		26,751,547
Pool 785558, 2.50%, 07/20/2051		106,942,174		90,889,831
Pool 785615, 2.50%, 08/20/2051		34,850,101		29,589,556
Pool 786333, 4.00%, 04/20/2052		24,985,730		23,398,899
Pool 786812, 5.50%, 07/20/2053		19,223,804		19,524,052
Pool AL9364, 3.50%, 03/20/2045		5,603,216		5,158,334
Pool MA0154, 3.50%, 06/20/2042		27,024,910		25,126,245
Pool MA0155, 4.00%, 06/20/2042		3,156,179		3,037,774
Pool MA0220, 3.50%, 07/20/2042		40,787,053		37,927,686
Pool MA0318, 3.50%, 08/20/2042		18,020,050		16,756,760
Pool MA0392, 3.50%, 09/20/2042		83,951,790		78,079,065
Pool MA0699, 3.50%, 01/20/2043		25,412,941		23,637,432
Pool MA1225, 4.00%, 08/20/2043		27,107,725		26,090,479
Pool MA1286, 4.00%, 09/20/2043		38,420,670		36,914,209
Pool MA1376, 4.00%, 10/20/2043		4,138,222		3,982,070
Pool MA1449, 4.00%, 11/20/2043		38,226,309		36,723,324
Pool MA1677, 3.50%, 02/20/2044		28,694,624		26,664,101
Pool MA2522, 4.00%, 01/20/2045		3,494,092		3,356,505
Pool MA2753, 3.00%, 04/20/2045		6,526,064		5,874,958
Pool MA2754, 3.50%, 04/20/2045		7,955,209		7,378,627
Pool MA3035, 4.00%, 08/20/2045		2,812,528		2,693,774
Pool MA3375, 3.00%, 01/20/2046		21,455,168		19,248,657
Pool MA3378, 4.50%, 01/20/2046		4,694,412		4,621,064
Pool MA3597, 3.50%, 04/20/2046		24,972,684		23,102,697
Pool MA3598, 4.00%, 04/20/2046		3,051,930		2,912,281
Pool MA3663, 3.50%, 05/20/2046		15,662,278		14,488,322
Pool MA3664, 4.00%, 05/20/2046		7,390,518		7,050,215
Pool MA3736, 3.50%, 06/20/2046		26,062,747		24,105,129
Pool MA4385, 5.00%, 04/20/2047		692,250		693,966
Pool MA4509, 3.00%, 06/20/2047		11,161,213		9,985,051
Pool MA4512, 4.50%, 06/20/2047		10,697,221		10,467,732
Pool MA4588, 4.50%, 07/20/2047		2,505,823		2,451,136
Pool MA4721, 4.50%, 09/20/2047		3,336,501		3,264,720
Pool MA4836, 3.00%, 11/20/2047		70,747,757		63,218,974
Pool MA4963, 4.00%, 01/20/2048		4,647,597		4,407,946
Pool MA7990, 4.00%, 04/20/2052		17,751,531		16,623,999
Seasoned Credit Risk Transfer Trust
Series 2019-4, Class MA, 3.00%, 02/25/2059 (Callable 07/25/2047)		30,505,643		27,725,615
Series 2020-2, Class MT, 2.00%, 11/25/2059 (Callable 09/25/2050)		53,726,654		42,258,109
Series 2020-3, Class MT, 2.00%, 05/25/2060 (Callable 08/25/2046)		35,540,758		27,997,275
Series 2021-3, Class MTU, 2.50%, 03/25/2061 (Callable 12/25/2048)		65,206,835		52,049,980
Series 2022-1, Class MTU, 3.25%, 11/25/2061 (Callable 05/25/2053)		51,907,841		44,603,385
TOTAL RESIDENTIAL MORTGAGE-BACKED SECURITY - U.S. GOVERNMENT AGENCY ISSUES (Cost $10,710,544,576)				9,892,326,367
RESIDENTIAL MORTGAGE-BACKED SECURITY - NON-U.S. GOVERNMENT AGENCY ISSUES - 4.6%	Par		Value
Arroyo Mortgage Trust
Series 2019-3, Class A1, 2.96%, 10/25/2048 (Callable 04/25/2024) (a)(f)		8,432,257		7,818,477
Series 2020-1, Class A1A, 1.66%, 03/25/2055 (Callable 04/25/2024) (a)		7,957,451		7,348,429
Bayview Financial Acquisition Trust, Series 2007-B, Class 1A2, 7.33%, 08/28/2047 (Callable 04/28/2024) (e)		763,440		646,368
Bear Stearns Asset Backed Securities Trust, Series 2004-AC2, Class 2A, 5.00%, 05/25/2034 (Callable 04/25/2024)		106,368		87,468
BRAVO Residential Funding Trust, Series 2023-RPL1, Class A1, 5.00%, 05/25/2063 (Callable 03/25/2043) (a)(f)		93,979,507		92,432,736
Chase Home Lending Mortgage Trust 2023-RPL3, Series 2024-RPL1, Class A1A, 3.25%, 03/25/2064 (Callable 06/25/2042) (a)(f)		68,207,525		58,510,195
Chase Mortgage Finance Corp.
Series 2023-RPL1, Class A1, 3.50%, 06/25/2062 (Callable 05/25/2041) (a)(f)		115,933,965		104,096,250
Series 2023-RPL2, Class A1, 3.25%, 03/25/2063 (Callable 12/25/2051) (a)(f)		63,014,757		55,570,988
Series 2023-RPL3, Class A1, 3.25%, 09/25/2063 (Callable 10/25/2048) (a)(f)		125,468,707		109,972,632
CIM Trust
Series 2022-R2, Class A1, 3.75%, 12/25/2061 (Callable 05/25/2027) (a)(f)		48,823,529		45,136,210
Series 2022-R3, Class A1, 4.50%, 03/25/2062 (Callable 09/25/2027) (a)(f)		56,555,644		54,514,347
Series 2023-R2, Class A1, 5.50%, 08/25/2064 (Callable 03/25/2028) (a)(f)		86,446,131		86,341,393
Citigroup Mortgage Loan Trust, Inc., Series 2005-9, Class 2A2, 5.50%, 11/25/2035 (Callable 04/25/2024)		6,200		4,800
Countrywide Alternative Loan Trust
Series 2006-28CB, Class A17, 6.00%, 10/25/2036 (Callable 04/25/2024)		394,918		197,084
Series 2006-43CB, Class 2A1, 6.00%, 04/25/2024 (Callable 04/25/2024)		4,370		4,343
Countrywide Asset-Backed Certificates
Series 2005-10, Class AF6, 4.13%, 02/25/2036 (Callable 04/25/2024) (f)		2,771		2,708
Series 2005-17, Class 1AF5, 5.56%, 05/25/2036 (Callable 04/25/2024) (f)		42,259		39,005
Series 2006-10, Class 1AF3, 5.97%, 09/25/2046 (Callable 04/25/2024) (f)		25,150		26,664
Credit Suisse Management LLC, Series 2003-AR26, Class 8A1, 5.87%, 11/25/2033 (Callable 04/25/2024) (f)		2,161,110		2,015,845
CWABS Asset-Backed Certificates Trust, Series 2004-S1, Class A3, 5.12%, 02/25/2035 (Callable 04/25/2024) (e)		50,394		49,669
First Horizon Alternative Mortgage Securities, Series 2006-FA6, Class 3A1, 5.75%, 04/25/2024 (Callable 04/25/2024)		1,897		1,000
FirstKey Homes Trust
Series 2021-SFR1, Class A, 1.54%, 08/17/2038  (a)		158,527,981		144,952,547
Series 2021-SFR2, Class A, 1.38%, 09/17/2038  (a)		47,563,679		43,172,976
Series 2022-SFR1, Class A, 4.15%, 05/19/2039  (a)		120,520,162		116,917,200
Series 2022-SFR3, Class A, 4.25%, 07/17/2038  (a)		55,641,104		54,172,736
Home Partners of America Trust, Series 2021-2, Class A, 1.90%, 12/17/2026  (a)		104,366,033		94,750,895
Impac CMB Trust, Series 2004-4, Class 2A2, 5.30%, 09/25/2034 (Callable 04/25/2024) (e)		37,953		40,826
Imperial Fund Mortgage Trust, Series 2022-NQM3, Class A1, 4.38%, 05/25/2067 (Callable 04/25/2025) (a)(e)		6,257,920		6,059,726
JP Morgan Mortgage Trust
Series 2005-A4, Class 1A1, 5.53%, 07/25/2035 (Callable 04/25/2024) (f)		32,210		32,014
Series 2006-A7, Class 2A4R, 4.36%, 01/25/2037 (Callable 04/25/2024) (f)		198,232		148,885
Series 2007-A1, Class 5A5, 5.52%, 07/25/2035 (Callable 09/25/2031) (f)		936,775		912,446
Series 2007-A1, Class 5A2, 5.52%, 07/25/2035 (Callable 09/25/2031) (f)		618,676		602,096
Series 2007-A2, Class 2A3, 5.31%, 04/25/2037 (Callable 04/25/2024) (f)		535,879		388,115
METLIFE SECURITIZATION TRUST, Series 2019-1A, Class A1A, 3.75%, 04/25/2058 (Callable 02/25/2040) (a)(f)		4,121,038		3,984,268
Mill City Mortgage Trust, Series 2021-NMR1, Class A1, 1.13%, 11/25/2060 (Callable 10/25/2043) (a)(f)		12,826,041		11,934,812
MLCC Mortgage Investors, Inc., Series 2004-F, Class A1A, 6.32%, 12/25/2029 (Callable 04/25/2024) (f)		1,685,979		1,615,006
Morgan Stanley Mortgage Loan Trust, Series 2004-7AR, Class 2A1, 5.79%, 09/25/2034 (Callable 09/25/2030) (f)		628,129		611,176
New Residential Mortgage Loan Trust
Series 2017-2A, Class A3, 4.00%, 03/25/2057 (Callable 10/25/2030) (a)(f)		4,275,176		4,036,651
Series 2017-3A, Class A1, 4.00%, 04/25/2057 (Callable 11/25/2032) (a)(f)		5,961,360		5,623,185
Series 2017-4A, Class A1, 4.00%, 05/25/2057 (Callable 12/25/2030) (a)(f)		8,698,700		8,211,786
Series 2018-1A, Class A1A, 4.00%, 12/25/2057 (Callable 06/25/2034) (a)(f)		4,722,875		4,471,045
Onslow Bay Mortgage Loan Trust
Series 2022-NQM2, Class A1, 2.96%, 01/25/2062 (Callable 02/25/2025) (a)(f)		79,168,945		72,327,743
Series 2024-HYB1, Class A1, 3.53%, 03/25/2053 (Callable 04/25/2044) (a)(f)		38,856,711		37,327,572
Series 2024-HYB2, Class A1, 3.52%, 04/25/2053 (Callable 06/25/2038) (a)(f)		46,356,071		44,355,148
Progress Residential Trust, Series 2021-SFR8, Class A, 1.51%, 10/17/2038  (a)		72,875,142		66,264,463
RALI Trust, Series 2004-QS6, Class A1, 5.00%, 04/25/2024 (Callable 04/25/2024)		6,139		5,683
Renaissance Home Equity Loan Trust, Series 2007-1, Class AF3, 5.61%, 04/25/2037 (Callable 07/25/2029) (e)		2,482,525		638,945
Rithm Capital Corp.
Series 2020-1A, Class A1B, 3.50%, 10/25/2059 (Callable 11/25/2041) (a)(f)		9,398,285		8,668,272
Series 2022-NQM2, Class A1, 3.08%, 03/27/2062 (Callable 04/25/2024) (a)(f)		33,144,628		29,991,401
Starwood Mortgage Residential Trust
Series 2021-4, Class A1, 1.16%, 08/25/2056 (Callable 09/25/2024) (a)(f)		29,916,680		24,850,514
Series 2022-4, Class A1, 5.19%, 05/25/2067 (Callable 06/25/2025) (a)(e)		50,057,950		49,510,571
Structured Adjustable Rate Mortgage Loan Trust, Series 2004-12, Class 3A1, 5.84%, 09/25/2034 (Callable 04/25/2024) (f)		413,179		399,255
Thornburg Mortgage Securities Trust, Series 2003-5, Class 3A, 5.12%, 10/25/2043 (Callable 04/25/2024) (f)		3,107,606		2,951,146
Towd Point Mortgage Trust
Series 2016-5, Class A1, 2.50%, 10/25/2056 (Callable 06/25/2029) (a)(f)		58,018		57,774
Series 2017-1, Class A1, 2.75%, 10/25/2056 (Callable 08/25/2033) (a)(f)		124,599		124,073
Series 2017-6, Class A1, 2.75%, 10/25/2057 (Callable 04/25/2029) (a)(f)		11,290,767		10,880,250
Series 2018-1, Class A1, 3.00%, 01/25/2058 (Callable 10/25/2029) (a)(f)		972,082		944,696
Series 2018-4, Class A1, 3.00%, 06/25/2058 (Callable 04/25/2036) (a)(f)		11,723,621		10,842,810
Series 2018-6, Class A1A, 3.75%, 03/25/2058 (Callable 01/25/2029) (a)(f)		7,247,697		7,079,558
Series 2019-1, Class A1, 3.75%, 03/25/2058 (Callable 12/25/2027) (a)(f)		20,332,678		19,301,740
Series 2019-4, Class A1, 2.90%, 10/25/2059 (Callable 06/25/2031) (a)(f)		58,767,584		54,943,524
Series 2020-2, Class A1A, 1.64%, 04/25/2060 (Callable 09/25/2029) (a)(f)		132,700,553		117,247,812
Series 2020-4, Class A1, 1.75%, 10/25/2060 (Callable 01/25/2031) (a)		62,364,450		54,753,991
Series 2022-2, Class A1, 3.75%, 07/01/2062 (Callable 01/25/2034) (a)(f)		153,249,328		141,554,903
Series 2022-3, Class A1, 3.75%, 08/01/2062 (Callable 10/25/2030) (a)(f)		151,287,482		141,668,806
Series 2023-1, Class A1, 3.75%, 01/25/2063 (Callable 10/25/2034) (a)		61,064,237		57,457,881
WaMu Mortgage Pass Through Certificates
Series 2004-AR14, Class A1, 5.31%, 01/25/2035 (Callable 04/25/2024) (f)		2,822,373		2,531,103
Series 2004-CB2, Class 3A, 6.00%, 08/25/2034 (Callable 04/25/2024)		2,161,906		2,127,143
Series 2004-CB3, Class 2A, 6.50%, 10/25/2034 (Callable 04/25/2024)		925,255		919,471
TOTAL RESIDENTIAL MORTGAGE-BACKED SECURITY - NON-U.S. GOVERNMENT AGENCY ISSUES (Cost $2,162,980,659)				2,087,181,250
COMMERCIAL MORTGAGE-BACKED SECURITY - NON-U.S. GOVERNMENT AGENCY ISSUES - 4.1%	Par		Value
BANK-2017
Series 2017-BNK4, Class A3, 3.36%, 05/15/2050 (Callable 04/15/2027)		30,681,557		29,141,239
Series 2017-BNK4, Class A4, 3.63%, 05/15/2050 (Callable 04/15/2027)		44,535,000		42,183,588
Series 2017-BNK5, Class A5, 3.39%, 06/15/2060 (Callable 07/15/2027)		22,501,000		21,292,372
Series 2017-BNK7, Class A4, 3.18%, 09/15/2060 (Callable 09/15/2027)		21,500,000		20,309,949
Series 2017-BNK7, Class A5, 3.44%, 09/15/2060 (Callable 09/15/2027)		350,000		330,471
Series 2017-BNK8, Class A4, 3.49%, 11/15/2050 (Callable 11/15/2027)		67,663,000		62,362,369
Series 2017-BNK9, Class A4, 3.54%, 11/15/2054 (Callable 12/15/2029)		98,103,000		92,721,983
BANK-2018
Series 2018-BN10, Class A5, 3.69%, 02/15/2061 (Callable 02/15/2028)		11,050,000		10,489,546
Series 2018-BN12, Class A4, 4.26%, 05/15/2061 (Callable 05/15/2028) (f)		15,302,008		14,789,695
Series 2018-BN13, Class A5, 4.22%, 08/15/2061 (Callable 08/15/2028) (f)		8,565,000		8,248,375
BANK-2019, Series 2019-BN21, Class A5, 2.85%, 10/17/2052 (Callable 10/15/2029)		39,560,000		34,956,268
BANK-2020, Series 2020-BN29, Class A4, 2.00%, 11/15/2053 (Callable 12/15/2030)		66,985,000		54,003,582
BANK-2022, Series 2022-BNK44, Class A5, 5.75%, 11/15/2055 (Callable 11/15/2032) (f)		56,200,000		59,205,627
BANK5, Series 2023-5YR3, Class A2, 6.26%, 09/15/2056 (Callable 09/15/2028)		68,859,171		71,279,303
BBCMS Trust, Series 2022-C15, Class ASB, 3.68%, 04/15/2055 (Callable 04/15/2032) (f)		7,104,000		6,730,315
Benchmark Mortgage Trust
Series 2018-B6, Class A4, 4.26%, 10/10/2051 (Callable 10/10/2028)		17,420,000		16,487,061
Series 2018-B8, Class A5, 4.23%, 01/15/2052 (Callable 12/15/2028)		24,235,000		22,876,325
Series 2019-B14, Class A5, 3.05%, 12/15/2062 (Callable 11/15/2029)		28,769,000		25,865,903
Series 2020-B19, Class A5, 1.85%, 09/15/2053 (Callable 10/15/2030)		43,291,000		35,015,367
Series 2020-B20, Class A5, 2.03%, 10/15/2053 (Callable 10/15/2030)		31,916,000		25,560,774
Series 2020-B21, Class A5, 1.98%, 12/17/2053 (Callable 12/15/2030)		32,760,000		26,789,696
Series 2021-B24, Class A5, 2.58%, 03/15/2054 (Callable 03/15/2031)		26,400,000		21,951,096
Series 2021-B31, Class A5, 2.67%, 12/15/2054 (Callable 12/15/2031)		29,775,000		25,177,127
Series 2023-V3, Class A2, 5.90%, 07/15/2056 (Callable 07/15/2028)		36,950,000		37,701,910
CCUBS Commercial Mortgage Trust, Series 2017-C1, Class A4, 3.54%, 11/15/2050 (Callable 12/15/2027) (f)		9,000,279		8,350,264
CFCRE Commercial Mortgage Trust
Series 2016-C3, Class A3, 3.87%, 01/10/2048 (Callable 01/10/2026)		18,107,455		17,451,842
Series 2016-C4, Class A4, 3.28%, 05/10/2058 (Callable 05/10/2026)		35,605,980		34,054,627
Citigroup Commercial Mortgage Trust
Series 2014-GC25, Class A4, 3.64%, 10/10/2047 (Callable 10/10/2024)		16,838,590		16,628,530
Series 2015-GC29, Class A4, 3.19%, 04/10/2048 (Callable 04/10/2025)		17,480,000		16,958,715
Series 2015-GC33, Class A4, 3.78%, 09/10/2058 (Callable 05/10/2026)		8,600,000		8,298,094
Series 2015-GC35, Class A4, 3.82%, 11/10/2048 (Callable 11/10/2025)		68,175,000		65,975,579
Series 2017-P7, Class A4, 3.71%, 04/14/2050 (Callable 04/14/2027)		12,275,000		11,526,806
Series 2017-P8, Class A4, 3.47%, 09/15/2050 (Callable 09/15/2027)		22,000,000		20,640,987
Series 2019-C7, Class A4, 3.10%, 12/15/2072 (Callable 12/15/2029)		23,480,000		21,026,293
Citigroup/Deutsche Bank Commercial Mortgage Trust
Series 2016-C3, Class ASB, 2.76%, 08/10/2049 (Callable 08/10/2026)		4,822,853		4,681,551
Series 2016-CD1, Class A4, 2.72%, 08/10/2049 (Callable 08/10/2027)		48,986,454		45,201,070
Series 2017-C6, Class A5, 3.33%, 06/10/2050 (Callable 06/10/2027)		22,800,000		21,224,625
Series 2017-CD3, Class A4, 3.63%, 02/10/2050 (Callable 08/10/2027)		7,200,000		6,651,132
Series 2018-CD7, Class A4, 4.28%, 08/15/2051 (Callable 08/15/2028)		7,400,000		7,012,324
Series 2020-C9, Class A5, 1.93%, 08/15/2053 (Callable 09/15/2030)		22,555,000		18,694,193
Commercial Mortgage Pass Through Certificates, Series 2014-UBS5, Class A4, 3.84%, 09/10/2047 (Callable 09/10/2024)		17,596,000		17,386,745
Computershare Corporate Trust
Series 2015-P2, Class A3, 3.54%, 12/15/2048 (Callable 12/15/2025)		31,528,887		30,703,704
Series 2015-SG1, Class ASB, 3.56%, 09/15/2048 (Callable 08/15/2025)		3,803,986		3,763,428
Series 2015-SG1, Class A4, 3.79%, 09/15/2048 (Callable 08/15/2025)		29,009,612		28,228,351
Series 2016-C34, Class A4, 3.10%, 06/15/2049 (Callable 05/15/2026)		10,250,000		9,661,248
Series 2016-C35, Class A4, 2.93%, 07/15/2048 (Callable 07/15/2026)		25,670,000		24,228,175
Series 2017-C42, Class A4, 3.59%, 12/15/2050 (Callable 12/15/2027)		7,315,000		6,716,073
Series 2017-RC1, Class A4, 3.63%, 01/15/2060 (Callable 03/15/2027)		14,349,000		13,690,489
Series 2019-C50, Class ASB, 3.64%, 05/15/2052 (Callable 05/15/2029)		20,000,000		19,428,562
Series 2019-C51, Class A4, 3.31%, 06/15/2052 (Callable 06/15/2029)		22,581,000		20,444,067
Series 2019-C52, Class A5, 2.89%, 08/15/2052 (Callable 08/15/2029)		10,000,000		8,915,593
Series 2019-C54, Class A4, 3.15%, 12/15/2052 (Callable 11/15/2029)		30,610,609		27,559,674
CSAIL Commercial Mortgage Trust
Series 2016-C7, Class A5, 3.50%, 11/15/2049 (Callable 11/15/2026)		5,000,000		4,704,665
Series 2018-CX11, Class A4, 3.77%, 04/15/2051 (Callable 04/15/2028)		11,440,000		10,973,971
Series 2018-CX11, Class A5, 4.03%, 04/15/2051 (Callable 04/15/2028) (f)		22,023,039		20,992,581
Series 2018-CX12, Class A4, 4.22%, 08/15/2051 (Callable 08/15/2028) (f)		18,608,000		17,672,991
Series 2019-C16, Class A3, 3.33%, 06/15/2052 (Callable 06/15/2029)		29,690,000		26,740,999
Series 2019-C17, Class A5, 3.02%, 09/15/2052 (Callable 09/15/2029)		16,475,000		14,559,079
DBGS Mortgage Trust, Series 2018-C1, Class A4, 4.47%, 10/15/2051 (Callable 10/15/2028)		19,875,000		18,599,136
GS Mortgage Securities Corp. II
Series 2015-GS1, Class A3, 3.73%, 11/10/2048 (Callable 11/10/2025)		30,493,248		29,385,675
Series 2017-GS8, Class A4, 3.47%, 11/10/2050 (Callable 11/10/2027)		23,655,000		22,022,223
JP Morgan Chase Commercial Mortgage Securities, Series 2017-JP7, Class A5, 3.45%, 09/15/2050 (Callable 08/15/2027)		9,000,000		8,325,806
JPMBB Commercial Mortgage Securities Trust
Series 2014-C24, Class ASB, 3.37%, 11/15/2047 (Callable 10/15/2024)		811,447		806,218
Series 2014-C25, Class ASB, 3.41%, 11/15/2047 (Callable 11/15/2024)		992,095		985,176
Series 2015-C28, Class A4, 3.23%, 10/15/2048 (Callable 04/15/2025)		16,688,500		16,248,977
Series 2015-C30, Class A5, 3.82%, 07/15/2048 (Callable 07/15/2025)		22,658,000		21,729,937
JPMDB Commercial Mortgage Securities Trust
Series 2016-C2, Class A4, 3.14%, 06/15/2049 (Callable 05/15/2026)		19,890,000		18,740,276
Series 2017-C5, Class A5, 3.69%, 03/15/2050 (Callable 08/15/2027)		24,380,000		22,803,414
Series 2017-C7, Class A5, 3.41%, 10/15/2050 (Callable 11/15/2027)		17,170,000		16,001,211
Morgan Stanley Bank of America Merrill Lynch Trust
Series 2016-C30, Class A5, 2.86%, 09/15/2049 (Callable 10/15/2026)		25,169,000		23,569,435
Series 2017-C34, Class A4, 3.54%, 11/15/2052 (Callable 10/15/2027)		41,287,079		38,466,420
Morgan Stanley Capital I Trust 2014-MP, Series 2015-UBS8, Class A4, 3.81%, 12/15/2048 (Callable 12/15/2025)		72,094,000		69,564,942
Morgan Stanley Capital I, Inc.
Series 2016-UB12, Class A4, 3.60%, 12/15/2049 (Callable 12/15/2026)		8,500,000		8,002,176
Series 2018-H3, Class A5, 4.18%, 07/15/2051 (Callable 07/15/2028)		22,101,510		21,184,149
Series 2018-H4, Class A3, 4.04%, 12/15/2051 (Callable 01/15/2029)		9,291,667		8,960,095
Series 2018-H4, Class A4, 4.31%, 12/15/2051 (Callable 01/15/2029)		6,750,000		6,502,397
UBS Commercial Mortgage Trust
Series 2017-C2, Class A4, 3.49%, 08/15/2050 (Callable 08/15/2027)		2,500,000		2,346,452
Series 2018-C11, Class A5, 4.24%, 06/15/2051 (Callable 07/15/2028) (f)		16,652,859		15,803,645
Series 2019-C17, Class A4, 2.92%, 10/15/2052 (Callable 10/15/2029)		71,060,966		63,201,147
Series 2019-C18, Class A4, 3.04%, 12/15/2052 (Callable 12/15/2029)		6,280,000		5,492,548
WF-RBS Commercial Mortgage Trust
Series 2014-C21, Class A5, 3.68%, 08/15/2047 (Callable 08/15/2024)		34,719,000		34,408,970
Series 2014-C23, Class ASB, 3.64%, 10/15/2057 (Callable 09/15/2025)		401,875		399,928
Series 2014-C23, Class A5, 3.92%, 10/15/2057 (Callable 09/15/2025)		125,000		122,920
TOTAL COMMERCIAL MORTGAGE-BACKED SECURITY - NON-U.S. GOVERNMENT AGENCY ISSUES (Cost $2,024,316,861)				1,869,890,241
ASSET-BACKED SECURITIES - 2.5%	Par		Value
Capital One Financial Corp., Series 2023-A1, Class A, 4.42%, 05/15/2028		39,098,000		38,617,716
Citizens Auto Receivables Trust, Series 2023-1, Class A3, 5.84%, 01/18/2028 (Callable 04/15/2027) (a)		110,500,000		111,443,902
Fifth Third Auto Trust, Series 2023-1, Class A3, 5.53%, 08/15/2028 (Callable 04/15/2027)		70,525,000		70,990,888
First National Master Note Trust
Series 2023-1, Class A, 5.13%, 04/15/2029		63,134,000		62,905,518
Series 2023-2, Class A, 5.77%, 09/15/2029		52,200,000		52,891,791
Ford Credit Auto Owner Trust
Series 2020-2, Class A, 1.06%, 04/15/2033 (Callable 10/15/2025) (a)		18,600,000		17,425,587
Series 2023-1, Class A, 4.85%, 08/15/2035 (Callable 02/15/2028) (a)		91,550,000		91,070,269
Ford Credit Floorplan LLC, Series 2023-1, Class A1, 4.92%, 05/15/2028  (a)		49,875,000		49,641,490
General Motors Co.
Series 2023-1, Class A1, 5.34%, 06/15/2028  (a)		10,300,000		10,352,827
Series 2023-2, Class A, 5.34%, 06/15/2030  (a)		25,000,000		25,351,400
Series 2024-1A, Class A1, 5.13%, 03/15/2029  (a)		8,000,000		8,022,663
GM Financial Revolving Receivables Trust, Series 2022-1, Class A, 5.91%, 10/11/2035 (Callable 11/11/2027) (a)		64,950,000		67,014,624
Hyundai Auto Lease Securitization Trust, Series 2023-C, Class A3, 5.80%, 12/15/2026 (Callable 04/15/2026) (a)		25,425,000		25,635,572
IPFS Corp., Series 2023-A, Class A, 5.80%, 03/15/2028  (a)		84,870,000		85,794,472
Kubota Credit Owner Trust, Series 2023-2A, Class A3, 5.28%, 01/18/2028 (Callable 05/15/2027) (a)		18,750,000		18,793,916
Navient Student Loan Trust
Series 2021-GA, Class A, 1.58%, 04/15/2070 (Callable 09/15/2029) (a)		14,069,307		12,311,074
Series 2022-A, Class A, 2.23%, 07/15/2070 (Callable 11/15/2029) (a)		21,682,206		19,142,998
Series 2022-BA, Class A, 4.16%, 10/15/2070 (Callable 02/15/2030) (a)		52,618,368		50,306,065
Series 2023-A, Class A, 5.51%, 10/15/2071 (Callable 10/15/2032) (a)		60,781,209		61,053,728
Nelnet Student Loan Trust, Series 2021-A, Class APT1, 1.36%, 04/20/2062 (Callable 09/20/2029) (a)		28,532,282		25,802,729
Royal Bank of Canada, Series 2022-4A, Class A, 4.31%, 09/15/2027  (a)		14,500,000		14,286,277
SBA Depositor LLC, 1.84%, 04/15/2027 (Callable 04/15/2026) (a)		94,050,000		84,312,787
Synchrony Bank, Series 2023-A1, Class A, 5.54%, 07/15/2029		73,400,000		74,103,965
Towd Point Asset Trust, Series 2021-SL1, Class A1, 1.05%, 11/20/2061  (a)		8,544,420		7,934,938
Towd Point Mortgage Trust
Series 2020-MH1, Class A1A, 2.18%, 02/25/2060 (Callable 04/25/2024) (a)(g)		18,524,053		17,651,361
Series 2020-MH1, Class A1, 2.25%, 02/25/2060 (Callable 04/25/2024) (a)(g)		11,808,161		11,260,238
Toyota Auto Loan Extended Note Trust
Series 2020-1A, Class A, 1.35%, 05/25/2033 (Callable 05/25/2025) (a)		21,578,000		20,597,172
Series 2022-1A, Class A, 3.82%, 04/25/2035 (Callable 04/25/2027) (a)		25,275,000		24,458,082
TOTAL ASSET-BACKED SECURITIES (Cost $1,168,785,679)				1,159,174,049
COMMERCIAL MORTGAGE-BACKED SECURITY - U.S. GOVERNMENT AGENCY ISSUES - 1.1%	Par		Value
Federal Home Loan Mortgage Corp.
Series K069, Class A2, 3.19%, 09/25/2027 (Callable 10/25/2027) (f)		25,488,779		24,326,348
Series K071, Class A2, 3.29%, 11/25/2027 (Callable 02/25/2028)		25,529,000		24,392,028
Series K072, Class A2, 3.44%, 12/25/2027 (Callable 12/25/2027)		6,050,000		5,809,727
Series K073, Class A2, 3.35%, 01/25/2028 (Callable 10/25/2028)		1,350,000		1,291,597
Series K074, Class A2, 3.60%, 01/25/2028 (Callable 07/25/2028)		21,722,000		20,962,749
Series K076, Class A2, 3.90%, 04/25/2028 (Callable 05/25/2028)		92,070,000		89,579,303
Series K077, Class A2, 3.85%, 05/25/2028 (Callable 05/25/2028) (f)		68,650,000		66,630,386
Series K078, Class A2, 3.85%, 06/25/2028 (Callable 10/25/2028)		59,788,633		58,012,014
Series K080, Class A2, 3.93%, 07/25/2028 (Callable 08/25/2028) (f)		14,950,000		14,534,427
Series K082, Class A2, 3.92%, 09/25/2028 (Callable 10/25/2028) (f)		56,545,000		54,906,959
Series K083, Class A2, 4.05%, 09/25/2028 (Callable 10/25/2028) (f)		1,000,000		976,101
Series K-1510, Class A2, 3.72%, 01/25/2031 (Callable 01/25/2034)		39,850,000		37,493,654
Series K-1510, Class A3, 3.79%, 01/25/2034 (Callable 01/25/2034)		13,525,000		12,518,851
Series K156, Class A3, 3.70%, 06/25/2033 (Callable 07/25/2033) (f)		11,088,000		10,227,698
Series K752, Class A2, 4.28%, 07/25/2030 (Callable 08/25/2030)		90,425,000		88,448,391
TOTAL COMMERCIAL MORTGAGE-BACKED SECURITY - U.S. GOVERNMENT AGENCY ISSUES (Cost $539,595,252)				510,110,233
MUNICIPAL BONDS - 0.6%	Par		Value
Atlanta Independent School System, 5.56%, 03/01/2026		4,465,000		4,499,021
California Community Choice Financing Authority
5.95%, 08/01/2029		3,155,000		3,186,687
6.13%, 04/01/2030		5,000,000		5,086,119
California Housing Finance Agency, 2.79%, 08/01/2036 (Callable 08/01/2025)		965,000		956,763
California Qualified School Bond Joint Powers Authority, 7.16%, 03/01/2027		3,375,000		3,520,143
Colorado Housing and Finance Authority, 6.50%, 11/01/2053 (Callable 05/01/2032)		29,860,000		31,486,945
Dallas/Fort Worth International Airport
2.25%, 11/01/2031 (Callable 11/01/2030)		2,500,000		2,103,661
2.42%, 11/01/2032 (Callable 11/01/2030)		5,000,000		4,163,853
2.52%, 11/01/2033 (Callable 11/01/2030)		1,220,000		1,002,634
Eaton Community City School District, 5.39%, 08/25/2027 (Callable 05/02/2024)		2,305,000		2,305,984
Kentucky Housing Corp., 3.50%, 01/01/2040 (Callable 07/01/2025)		1,595,000		1,548,853
Louisiana Housing Corp., 2.10%, 12/01/2038 (Callable 09/01/2024)		812,303		735,247
Maine State Housing Authority, 2.60%, 11/15/2046 (Callable 11/15/2030)		10,000,000		7,102,431
Maryland Community Development Administration, 3.16%, 09/01/2041 (Callable 09/01/2025)		1,775,000		1,739,440
Maryland Economic Development Corp., 4.00%, 04/01/2034 (Callable 01/01/2034)		18,325,000		14,620,632
Massachusetts Educational Financing Authority, 3.85%, 05/25/2033		9,448,678		8,991,827
Minnesota Housing Finance Agency
2.73%, 08/01/2046 (Callable 07/01/2025)		1,933,822		1,575,440
3.20%, 06/01/2047 (Callable 07/01/2026)		4,241,978		3,689,216
3.00%, 10/01/2047 (Callable 01/01/2027)		5,194,873		4,477,892
New Hampshire Business Finance Authority
3.25%, 04/01/2028 (Callable 01/01/2028)		45,000,000		39,033,292
3.30%, 04/01/2032 (Callable 01/01/2032)		35,000,000		27,232,379
2.87%, 07/01/2035 (Callable 01/01/2035)		17,380,000		12,517,045
New Hampshire Housing Finance Authority, 4.00%, 07/01/2036 (Callable 07/01/2025)		1,085,000		1,078,806
New Jersey Higher Education Student Assistance Authority
3.50%, 12/01/2039 (Callable 12/01/2028) (h)		11,740,000		11,062,714
3.50%, 12/01/2039 (Callable 12/01/2028) (h)		8,680,000		8,333,124
New York State Dormitory Authority, 2.22%, 07/01/2035		15,000,000		12,236,814
North Carolina Housing Finance Agency
2.81%, 07/01/2035 (Callable 05/02/2024)		265,000		261,187
6.50%, 01/01/2055 (Callable 07/01/2032)		6,465,000		6,757,103
State Public School Building Authority, 2.97%, 04/01/2027		5,800,000		5,477,436
Texas Private Activity Bond Surface Transportation Corp., 3.92%, 12/31/2049		8,800,000		7,299,538
Three Rivers Local School District, 5.21%, 09/15/2027 (Callable 05/02/2024)		2,365,000		2,365,719
West Contra Costa Unified School District, 6.25%, 08/01/2030		1,785,000		1,936,319
Western Michigan University Homer Stryker MD School of Medicine, 4.75%, 11/15/2028		11,980,000		11,859,081
Westlake City School District, 5.23%, 12/01/2026 (Callable 05/02/2024)		3,570,000		3,571,499
Westvaco Corp., 7.67%, 01/15/2027  (a)		8,000,000		8,299,662
TOTAL MUNICIPAL BONDS (Cost $295,354,915)				262,114,506
OTHER GOVERNMENT RELATED SECURITIES - 0.2%	Par		Value
Freeport Indonesia PT, 5.32%, 04/14/2032 (Callable 01/01/2032) (a)		15,000,000		14,678,055
NBN Co. Ltd.
2.63%, 05/05/2031 (Callable 02/05/2031) (a)		18,625,000		15,844,247
2.50%, 01/08/2032 (Callable 10/08/2031) (a)		46,650,000		38,890,761
Petroleos Mexicanos
5.95%, 01/28/2031 (Callable 10/28/2030)		558,000		447,589
6.70%, 02/16/2032 (Callable 11/16/2031)		1,020,000		848,136
6.35%, 02/12/2048		8,500,000		5,420,634
TOTAL OTHER GOVERNMENT RELATED SECURITIES (Cost $89,318,528)				76,129,422
SHORT-TERM INVESTMENTS - 1.5%
Money Market Funds - 1.5%	Shares
First American Government Obligations Fund - Class U, 5.25%(i)		687,067,277		687,067,277
TOTAL SHORT-TERM INVESTMENTS (Cost $687,067,277)				687,067,277
TOTAL INVESTMENTS - 100.2% (Cost $49,015,632,086)			$	45,541,624,284
Liabilities in Excess of Other Assets - (0.2)%				(74,233,393	)
TOTAL NET ASSETS - 100.0%			$	45,467,390,891
Percentages are stated as a percent of net assets.

AG - Aktiengesellschaft

ASA - Advanced Subscription Agreement

CMT - Constant Maturity Treasury Rate

LIBOR - London Interbank Offered Rate

NV - Naamloze Vennootschap

PIK - Payment in Kind

PLC - Public Limited Company

SA - Sociedad Anónima

SAB de CV - Sociedad Anónima Bursátil de Capital Variable

SOFR - Secured Overnight Financing Rate

(a)	Security is exempt from registration pursuant to Rule 144A under the Securities Act of 1933, as amended. These securities may only be resold in transactions exempt from registration to qualified institutional investors. As of March 31, 2024, the value of these securities total $8,180,576,743 or 18.0% of the Fund’s net assets.
(b)	Securities referencing LIBOR are expected to transition to an alternative reference rate by the security’s next scheduled coupon reset date.
(c)	Issuer is currently in default.
(d)	Security considered restricted. The total market value of these securities was $5,631,072 which represented 0.0% of net assets as of March 31, 2024.
(e)	Step coupon bond. The rate disclosed is as of March 31, 2024.
(f)	Coupon rate is variable or floats based on components including but not limited to reference rate and spread. These securities may not indicate a reference rate and/or spread in their description. The rate disclosed is as of March 31, 2024.
(g)	Coupon rate is variable based on the weighted average coupon of the underlying collateral. To the extent the weighted average coupon of the underlying assets which comprise the collateral increases or decreases, the coupon rate of this security will increase or decrease correspondingly. The rate disclosed is as of March 31, 2024.
(h)	Security subject to the Alternative Minimum Tax ("AMT"). As of March 31, 2024, the total value of securities subject to the AMT was $19,395,838 or 0.0% of net assets.
(i)	The rate shown represents the 7-day effective yield as of March 31, 2024.

Baird Aggregate Bond Fund

Summary of Fair Value Exposure at March 31, 2024 (Unaudited)

The Fund has adopted authoritative fair valuation accounting standards which establish a definition of fair value and set out a hierarchy for measuring fair value. These standards require additional disclosures about the various inputs and valuation techniques used to develop the measurements of fair value and a discussion on changes in valuation techniques and related inputs during the period. These standards define fair value as the price that would be received to sell an asset or paid to transfer a liability in an orderly transaction between market participants at the measurement date.

The fair value hierarchy is organized into three levels based upon the assumptions (referred to as "inputs") used in pricing the asset or liability. These standards state that "observable inputs" reflect the assumptions market participants would use in pricing the asset or liability based on market data obtained from independent sources and "unobservable inputs" reflect an entity's own assumptions about the assumptions market participants would use in pricing the asset or liability. These inputs are summarized into three broad levels and described below:

Level 1 - Quoted prices (unadjusted) in active markets for identical assets or liabilities that the reporting entity can access at the measurement date.
Level 2 - Inputs other than quoted prices included within Level 1 that are observable for the asset or liability, either directly or indirectly.
Level 3 - Unobservable inputs for the asset or liability.

The inputs or methodology used for valuing securities are not necessarily an indication of the risk associated with investing in those securities.

The following is a summary of the inputs used to value the Fund's investments as of March 31, 2024:

	Level 1		Level 2		Level 3		Total
Assets:
Corporate Bonds		–		16,303,724,350		–		16,303,724,350
U.S. Treasury Obligations		–		12,693,906,589		–		12,693,906,589
Residential Mortgage-Backed Security - U.S. Government Agency Issues		–		9,892,326,367		–		9,892,326,367
Residential Mortgage-Backed Security - Non-U.S. Government Agency Issues		–		2,087,181,250		–		2,087,181,250
Commercial Mortgage-Backed Security - Non-U.S. Government Agency Issues		–		1,869,890,241		–		1,869,890,241
Asset-Backed Securities		–		1,159,174,049		–		1,159,174,049
Commercial Mortgage-Backed Security - U.S. Government Agency Issues		–		510,110,233		–		510,110,233
Municipal Bonds		–		262,114,506		–		262,114,506
Other Government Related Securities		–		76,129,422		–		76,129,422
Money Market Funds		687,067,277		–		–		687,067,277
Total Assets		687,067,277		44,854,557,007		–		45,541,624,284
Changes in valuation techniques may result in transfers into or out of assigned levels within the fair value hierarchy. There were no transfers into or out of Level 3 during the period, as compared to the security classifications from the prior year’s annual report. See the Fund’s Valuation Policy in Note 2a to the financial statements.
Refer to the Schedule of Investments for industry classifications.