Vanguard Charlotte Funds N-CSRS Certified semi-annual shareholder report (management investment company)

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

FORM N-CSR

CERTIFIED SHAREHOLDER REPORT

OF

REGISTERED MANAGEMENT INVESTMENT COMPANIES

Investment Company Act file number: 811-22619

Name of Registrant:	Vanguard Charlotte Funds
Address of Registrant:	P.O. Box 2600
	Valley Forge, PA 19482

Name and address of agent for service:	Anne E. Robinson, Esquire
	P.O. Box 876
	Valley Forge, PA 19482

Registrant’s telephone number, including area code: (610) 669-1000

Date of fiscal year end: October 31

Date of reporting period: November 1, 2019—April 30, 2020

Item 1: Reports to Shareholders

 

Semiannual Report | April 30, 2020

Vanguard Total International Bond Index Fund

See the inside front cover for important information about access to your fund’s annual and semiannual shareholder reports.

Important information about access to shareholder reports

Beginning on January 1, 2021, as permitted by regulations adopted by the Securities and Exchange Commission, paper copies of your fund’s annual and semiannual shareholder reports will no longer be sent to you by mail, unless you specifically request them. Instead, you will be notified by mail each time a report is posted on the website and will be provided with a link to access the report.

If you have already elected to receive shareholder reports electronically, you will not be affected by this change and do not need to take any action. You may elect to receive shareholder reports and other communications from the fund electronically by contacting your financial intermediary (such as a broker-dealer or bank) or, if you invest directly with the fund, by calling Vanguard at one of the phone numbers on the back cover of this report or by logging on to vanguard.com.

You may elect to receive paper copies of all future shareholder reports free of charge. If you invest through a financial intermediary, you can contact the intermediary to request that you continue to receive paper copies. If you invest directly with the fund, you can call Vanguard at one of the phone numbers on the back cover of this report or log on to vanguard.com. Your election to receive paper copies will apply to all the funds you hold through an intermediary or directly with Vanguard.

Contents

About Your Fund’s Expenses	1
Financial Statements	4
Trustees Approve Advisory Arrangement	157
Liquidity Risk Management	159

About Your Fund’s Expenses

As a shareholder of the fund, you incur ongoing costs, which include costs for portfolio management, administrative services, and shareholder reports (like this one), among others. Operating expenses, which are deducted from a fund’s gross income, directly reduce the investment return of the fund.

A fund’s expenses are expressed as a percentage of its average net assets. This figure is known as the expense ratio. The following examples are intended to help you understand the ongoing costs (in dollars) of investing in your fund and to compare these costs with those of other mutual funds. The examples are based on an investment of $1,000 made at the beginning of the period shown and held for the entire period.

The accompanying table illustrates your fund’s costs in two ways:

•     Based on actual fund return. This section helps you to estimate the actual expenses that you paid over the period. The ”Ending Account Value“ shown is derived from the fund‘s actual return, and the third column shows the dollar amount that would have been paid by an investor who started with $1,000 in the fund. You may use the information here, together with the amount you invested, to estimate the expenses that you paid over the period.

To do so, simply divide your account value by $1,000 (for example, an $8,600 account value divided by $1,000 = 8.6), then multiply the result by the number given for your fund under the heading ”Expenses Paid During Period.“

•     Based on hypothetical 5% yearly return. This section is intended to help you compare your fund‘s costs with those of other mutual funds. It assumes that the fund had a yearly return of 5% before expenses, but that the expense ratio is unchanged. In this case—because the return used is not the fund’s actual return—the results do not apply to your investment. The example is useful in making comparisons because the Securities and Exchange Commission requires all mutual funds to calculate expenses based on a 5% return. You can assess your fund’s costs by comparing this hypothetical example with the hypothetical examples that appear in shareholder reports of other funds.

Note that the expenses shown in the table are meant to highlight and help you compare ongoing costs only and do not reflect transaction costs incurred by the fund for buying and selling securities. Further, the expenses do not include any purchase, redemption, or account service fees described in the fund prospectus. If such fees were applied to your account, your costs would be higher. Your fund does not carry a “sales load.”

The calculations assume no shares were bought or sold during the period. Your actual costs may have been higher or lower, depending on the amount of your investment and the timing of any purchases or redemptions.

You can find more information about the fund’s expenses, including annual expense ratios, in the Financial Statements section of this report. For additional information on operating expenses and other shareholder costs, please refer to your fund’s current prospectus.

1

Six Months Ended April 30, 2020

	Beginning	Ending	Expenses
Total International Bond Index Fund	Account Value	Account Value	Paid During
	10/31/2019	4/30/2020	Period
Based on Actual Fund Return
Investor Shares	$1,000.00	$1,009.38	$0.65
ETF Shares	1,000.00	1,009.71	0.40
Admiral™ Shares	1,000.00	1,009.48	0.55
Institutional Shares	1,000.00	1,009.68	0.35
Based on Hypothetical 5% Yearly Return
Investor Shares	$1,000.00	$1,024.22	$0.65
ETF Shares	1,000.00	1,024.47	0.40
Admiral Shares	1,000.00	1,024.32	0.55
Institutional Shares	1,000.00	1,024.52	0.35

The calculations are based on expenses incurred in the most recent six-month period. The fund’s annualized six-month expense ratios for that period are 0.13% for Investor Shares, 0.08% for ETF Shares, 0.11% for Admiral Shares, and 0.07% for Institutional Shares. The dollar amounts shown as “Expenses Paid” are equal to the annualized expense ratio multiplied by the average account value over the period, multiplied by the number of days in the most recent six-month period, then divided by the number of days in the most recent 12-month period (182/366).

2

Total International Bond Index Fund

Fund Allocation

As of April 30, 2020

Japan	19.8	%
France	11.8
Germany	10.6
United Kingdom	7.7
Italy	7.5
Canada	5.9
Spain	5.4
Supranational	3.3
United States	3.1
Netherlands	2.7
South Korea	2.6
Australia	2.6
Belgium	2.4
Switzerland	1.4
Austria	1.4
Sweden	1.3
Other	10.5

The table reflects the fund’s investments, except for short-term investments and derivatives.

The fund may invest in derivatives (such as futures contracts) for various reasons, including, but not limited to, attempting to remain fully invested and tracking their target index as closely as possible.

3

Total International Bond Index Fund

Financial Statements (unaudited)

Schedule of Investments

As of April 30, 2020

The fund files its complete schedule of portfolio holdings with the Securities and Exchange Commission (SEC) for the first and third quarters of each fiscal year as an exhibit to its reports on Form N-PORT. The fund’s Form N-PORT reports are available on the SEC’s website at www.sec.gov.

							Face			Market
			Maturity				Amount			Value•
		Coupon	Date		Currency		(000		)	($000		)
Australia (2.6%)
Asset-Backed/Commercial Mortgage-Backed Securities (0.1%)
	Australia & New Zealand Banking Group Ltd.	5.000%		8/16/23		AUD		5,500			4,048
	Australia & New Zealand Banking Group Ltd.	0.450%		11/22/23		EUR		16,000			17,784
	Australia & New Zealand Banking Group Ltd.	2.500%		1/16/24		EUR		5,000			5,973
	Commonwealth Bank of Australia	0.750%		11/4/21		EUR		9,000			9,985
	Commonwealth Bank of Australia	2.750%		11/17/21		AUD		3,100			2,081
	Commonwealth Bank of Australia	1.125%		12/22/21		GBP		1,800			2,286
	Commonwealth Bank of Australia	3.000%		5/3/22		EUR		15,100			17,556
	Commonwealth Bank of Australia	0.500%		7/27/26		EUR		6,504			7,220
	Commonwealth Bank of Australia	3.000%		9/4/26		GBP		6,700			9,560
	Commonwealth Bank of Australia	0.875%		2/19/29		EUR		10,000			11,474
	National Australia Bank Ltd.	1.375%		5/28/21		EUR		700			779
	National Australia Bank Ltd.	0.875%		11/16/22		EUR		5,000			5,611
	National Australia Bank Ltd.	1.875%		1/13/23		EUR		5,000			5,756
	National Australia Bank Ltd.	5.000%		3/11/24		AUD		6,750			5,038
	National Australia Bank Ltd.	2.250%		6/6/25		EUR		1,800			2,190
	National Australia Bank Ltd.	3.000%		9/4/26		GBP		500			714
	National Australia Bank Ltd.	0.875%		2/19/27		EUR		10,000			11,475
	Suncorp-Metway Ltd.	3.000%		9/13/23		AUD		2,400			1,657
	Suncorp-Metway Ltd.	3.250%		8/24/26		AUD		1,000			693
	Westpac Banking Corp.	0.750%		7/22/21		EUR		10,000			11,071
	Westpac Banking Corp.	0.625%		1/14/22		EUR		10,000			11,078
	Westpac Banking Corp.	1.000%		6/30/22		GBP		1,500			1,899
	Westpac Banking Corp.	2.750%		8/31/22		AUD		13,200			8,963
	Westpac Banking Corp.	5.250%		11/21/23		AUD		3,500			2,618
	Westpac Banking Corp.	1.375%		5/17/32		EUR		10,000			12,255
											169,764
Corporate Bonds (0.4%)
	AGL Energy Ltd.	5.000%		11/5/21		AUD		4,380			2,944
	AMP Capital Wholesale Office Fund	4.750%		10/7/21		AUD		1,000			656
	APT Pipelines Ltd.	1.375%		3/22/22		EUR		300			332
	APT Pipelines Ltd.	4.250%		11/26/24		GBP		1,000			1,376
	APT Pipelines Ltd.	2.000%		3/22/27		EUR		8,400			9,599
	APT Pipelines Ltd.	3.500%		3/22/30		GBP		12,800			17,029
	Asciano Finance Ltd.	5.000%		9/19/23		GBP		500			689

4 

Total International Bond Index Fund

							Face			Market
			Maturity				Amount			Value•
		Coupon	Date		Currency		(000		)	($000		)
	Aurizon Network Pty Ltd.	4.000%		6/21/24		AUD		1,520			1,022
	Aurizon Network Pty Ltd.	2.000%		9/18/24		EUR		3,000			3,401
	Ausgrid Finance Pty Ltd.	3.750%		10/30/24		AUD		14,280			9,761
	Ausgrid Finance Pty Ltd.	1.250%		7/30/25		EUR		3,300			3,636
	AusNet Services Holdings Pty Ltd.	5.750%		6/28/22		AUD		1,490			1,061
	AusNet Services Holdings Pty Ltd.	3.000%		2/13/24		EUR		4,000			4,788
	AusNet Services Holdings Pty Ltd.	1.500%		2/26/27		EUR		4,500			5,185
	AusNet Services Holdings Pty Ltd.	4.400%		8/16/27		AUD		1,040			762
	AusNet Services Holdings Pty Ltd.	4.200%		8/21/28		AUD		2,800			2,029
	AusNet Services Holdings Pty Ltd.	2.600%		7/31/29		AUD		6,200			3,930
	Australia & New Zealand Banking Group Ltd.	2.950%		7/16/21		AUD		700			468
	Australia & New Zealand Banking Group Ltd.	3.300%		3/7/22		AUD		800			544
	Australia & New Zealand Banking Group Ltd.	0.625%		2/21/23		EUR		10,000			10,976
	Australia & New Zealand Banking Group Ltd.	3.350%		5/9/23		AUD		400			279
	Australia & New Zealand Banking Group Ltd.	3.100%		2/8/24		AUD		13,816			9,651
	Australia Pacific Airports Melbourne Pty Ltd.	3.125%		9/26/23		EUR		5,000			5,814
	Australia Pacific Airports Melbourne Pty Ltd.	1.750%		10/15/24		EUR		14,000			15,657
	Australian Gas Networks Vic 3 Pty Ltd.	4.500%		12/17/21		AUD		270			184
	Bank of Queensland Ltd.	0.500%		7/10/22		EUR		500			553
	BHP Billiton Finance Ltd.	0.750%		10/28/22		EUR		200			220
	BHP Billiton Finance Ltd.	3.230%		5/15/23		CAD		150			110
	BHP Billiton Finance Ltd.	3.250%		9/24/27		EUR		16,500			20,925
	BHP Billiton Finance Ltd.	1.500%		4/29/30		EUR		5,100			5,742
	BHP Billiton Finance Ltd.	3.125%		4/29/33		EUR		3,000			3,965
	BHP Billiton Finance Ltd.	4.300%		9/25/42		GBP		1,175			2,097
1	BHP Billiton Finance Ltd.	6.500%		10/22/77		GBP		2,200			2,908
1	BHP Billiton Finance Ltd.	5.625%		10/22/79		EUR		300			366
	Brisbane Airport Corp. Pty Ltd.	3.900%		4/24/25		AUD		3,810			2,543
	Caltex Australia Ltd.	4.000%		4/17/25		AUD		14,100			9,583
	Commonwealth Bank of Australia	2.900%		7/12/21		AUD		46,170			30,860
	Commonwealth Bank of Australia	2.750%		8/16/21		AUD		750			501
	Commonwealth Bank of Australia	3.250%		1/17/22		AUD		1,050			713
	Commonwealth Bank of Australia	3.250%		3/31/22		AUD		2,600			1,771
	Commonwealth Bank of Australia	3.250%		4/25/23		AUD		1,000			695
	Commonwealth Bank of Australia	3.200%		8/16/23		AUD		600			418
	Commonwealth Bank of Australia	3.000%		1/11/24		AUD		17,500			12,176
	Commonwealth Bank of Australia	0.375%		4/11/24		EUR		12,100			13,405
1	Commonwealth Bank of Australia	2.000%		4/22/27		EUR		7,100			7,799
	Commonwealth Bank of Australia	1.125%		1/18/28		EUR		3,000			3,388
1	Commonwealth Bank of Australia	1.936%		10/3/29		EUR		23,000			25,201
	Commonwealth Bank of Australia	1.625%		2/10/31		EUR		100			124
	ConnectEast Finance Pty Ltd.	4.250%		2/25/22		AUD		930			626
	DBNGP Finance Co. Pty Ltd.	4.225%		5/28/25		AUD		2,890			2,023
	ETSA Utilities Finance Pty Ltd.	3.500%		8/29/24		AUD		930			633
	Goodman Australia Finance Pty Ltd.	1.375%		9/27/25		EUR		4,000			4,227
	Incitec Pivot Ltd.	4.300%		3/18/26		AUD		2,040			1,303

5 

Total International Bond Index Fund

							Face			Market
			Maturity				Amount			Value•
		Coupon	Date		Currency		(000		)	($000		)
	Lonsdale Finance Pty Ltd.	3.900%		10/15/25		AUD		5,030			3,393
	Macquarie Bank Ltd.	1.125%		1/20/22		EUR		3,600			3,969
	Macquarie Group Ltd.	3.250%		12/15/22		AUD		500			334
1	Macquarie Group Ltd.	1.250%		3/5/25		EUR		16,000			17,260
	National Australia Bank Ltd.	1.125%		11/10/21		GBP		1,600			2,028
	National Australia Bank Ltd.	5.125%		12/9/21		GBP		4,700			6,245
	National Australia Bank Ltd.	0.875%		1/20/22		EUR		18,100			19,993
	National Australia Bank Ltd.	3.250%		3/24/22		AUD		1,800			1,225
	National Australia Bank Ltd.	1.375%		6/27/22		GBP		500			622
	National Australia Bank Ltd.	0.350%		9/7/22		EUR		10,100			11,048
	National Australia Bank Ltd.	0.250%		1/19/23		CHF		2,600			2,667
	National Australia Bank Ltd.	3.000%		2/10/23		AUD		2,100			1,443
	National Australia Bank Ltd.	0.625%		8/30/23		EUR		100			110
	National Australia Bank Ltd.	2.900%		2/26/24		AUD		16,300			11,107
	National Australia Bank Ltd.	0.250%		5/20/24		EUR		10,000			10,873
	National Australia Bank Ltd.	0.625%		9/18/24		EUR		2,500			2,756
	National Australia Bank Ltd.	0.300%		10/31/25		CHF		9,900			10,246
1	National Australia Bank Ltd.	3.515%		6/12/30		CAD		8,200			5,979
	Origin Energy Finance Ltd.	1.000%		9/17/29		EUR		5,100			4,822
	Perth Airport Pty Ltd.	5.500%		3/25/21		AUD		7,500			5,031
	Qantas Airways Ltd.	7.500%		6/11/21		AUD		10,600			7,028
	Qantas Airways Ltd.	7.750%		5/19/22		AUD		1,730			1,192
	Scentre Group Trust 1	4.500%		9/8/21		AUD		2,500			1,675
	Scentre Group Trust 1	2.250%		7/16/24		EUR		3,898			4,344
	Scentre Group Trust 1	3.875%		7/16/26		GBP		7,000			9,345
	Scentre Group Trust 1 / Scentre Group Trust 2	2.375%		4/8/22		GBP		4,100			5,187
	Scentre Group Trust 1 / Scentre Group Trust 2	1.375%		3/22/23		EUR		5,000			5,421
	Scentre Group Trust 1 / Scentre Group Trust 2	1.750%		4/11/28		EUR		9,000			9,396
	Scentre Group Trust 1 / Scentre Group Trust 2	1.450%		3/28/29		EUR		5,000			5,016
	Scentre Group Trust 2	3.250%		9/11/23		EUR		6,273			7,219
	Telstra Corp. Ltd.	3.750%		5/16/22		EUR		100			117
	Telstra Corp. Ltd.	4.000%		9/16/22		AUD		2,020			1,394
	Telstra Corp. Ltd.	3.500%		9/21/22		EUR		500			587
	Telstra Corp. Ltd.	2.500%		9/15/23		EUR		10,000			11,700
	Telstra Corp. Ltd.	1.125%		4/14/26		EUR		11,500			13,033
	Telstra Corp. Ltd.	4.000%		4/19/27		AUD		2,000			1,412
	Toyota Finance Australia Ltd.	3.300%		11/22/23		AUD		550			375
	Transurban Finance Co. Pty Ltd.	1.875%		9/16/24		EUR		3,000			3,374
	Transurban Finance Co. Pty Ltd.	1.750%		3/29/28		EUR		5,000			5,476
	United Energy Distribution Pty Ltd.	3.500%		9/12/23		AUD		560			376
	United Energy Distribution Pty Ltd.	3.850%		10/23/24		AUD		3,050			2,100
	University of Technology Sydney	3.750%		7/20/27		AUD		300			218
	Vicinity Centres	3.375%		4/7/26		GBP		1,259			1,633
	Wesfarmers Ltd.	1.250%		10/7/21		EUR		500			554
	Wesfarmers Ltd.	2.750%		8/2/22		EUR		3,000			3,452
	Westpac Banking Corp.	3.100%		6/3/21		AUD		500			334
	Westpac Banking Corp.	0.250%		1/17/22		EUR		1,000			1,089
	Westpac Banking Corp.	3.125%		10/27/22		AUD		1,800			1,236
	Westpac Banking Corp.	2.625%		12/14/22		GBP		2,300			2,953

6 

Total International Bond Index Fund

							Face			Market
			Maturity				Amount			Value•
		Coupon	Date		Currency		(000		)	($000		)
	Westpac Banking Corp.	0.375%		3/5/23		EUR		8,000			8,714
	Westpac Banking Corp.	0.320%		7/6/23		JPY		2,700,000			25,098
	Westpac Banking Corp.	3.250%		11/16/23		AUD		600			420
	Westpac Banking Corp.	0.500%		12/4/23		EUR		1,000			1,114
	Westpac Banking Corp.	3.000%		4/24/24		AUD		800			558
	Westpac Banking Corp.	0.500%		5/17/24		EUR		2,500			2,784
	Westpac Banking Corp.	0.625%		11/22/24		EUR		5,000			5,486
	Westpac Banking Corp.	4.125%		6/4/26		AUD		1,700			1,231
	Westpac Banking Corp.	0.875%		4/17/27		EUR		200			222
	Westpac Banking Corp.	1.125%		9/5/27		EUR		11,100			12,517
	Westpac Banking Corp.	1.450%		7/17/28		EUR		800			924
	WSO Finance Pty Ltd.	4.500%		3/31/27		AUD		3,450			2,437
											556,540
Sovereign Bonds (2.1%)
	Australian Capital Territory	4.250%		4/11/22		AUD		11,000			7,641
	Australian Capital Territory	4.000%		5/22/24		AUD		5,000			3,687
	Commonwealth of Australia	5.750%		7/15/22		AUD		89,377			65,259
	Commonwealth of Australia	2.250%		11/21/22		AUD		52,507			35,944
	Commonwealth of Australia	5.500%		4/21/23		AUD		100,640			75,700
	Commonwealth of Australia	2.750%		4/21/24		AUD		124,800			89,064
	Commonwealth of Australia	0.250%		11/21/24		AUD		100,000			64,710
	Commonwealth of Australia	3.250%		4/21/25		AUD		181,790			134,806
	Commonwealth of Australia	4.250%		4/21/26		AUD		152,914			121,287
	Commonwealth of Australia	4.750%		4/21/27		AUD		159,351			132,859
	Commonwealth of Australia	2.750%		11/21/27		AUD		87,000			65,144
	Commonwealth of Australia	2.250%		5/21/28		AUD		57,000			41,405
	Commonwealth of Australia	2.750%		11/21/28		AUD		292,715			220,995
	Commonwealth of Australia	3.250%		4/21/29		AUD		290,000			228,176
	Commonwealth of Australia	2.750%		11/21/29		AUD		175,500			133,845
	Commonwealth of Australia	2.500%		5/21/30		AUD		128,800			96,615
	Commonwealth of Australia	1.500%		6/21/31		AUD		35,000			24,057
	Commonwealth of Australia	4.500%		4/21/33		AUD		56,900			52,530
	Commonwealth of Australia	2.750%		6/21/35		AUD		93,365			73,398
	Commonwealth of Australia	3.750%		4/21/37		AUD		47,100			41,641
	Commonwealth of Australia	3.250%		6/21/39		AUD		58,450			48,954
	Commonwealth of Australia	2.750%		5/21/41		AUD		5,550			4,368
	Commonwealth of Australia	2.750%		5/21/41		AUD		53,348			41,910
	Commonwealth of Australia	3.000%		3/21/47		AUD		75,300			62,898
	National Housing Finance and Investment Corp.	2.380%		3/28/29		AUD		2,110			1,537
	New South Wales Treasury Corp.	6.000%		3/1/22		AUD		35,050			25,119
	New South Wales Treasury Corp.	4.000%		4/20/23		AUD		31,000			22,276
	New South Wales Treasury Corp.	1.000%		2/8/24		AUD		30,000			19,824
	New South Wales Treasury Corp.	5.000%		8/20/24		AUD		21,200			16,357
	New South Wales Treasury Corp.	1.250%		3/20/25		AUD		40,000			26,685
	New South Wales Treasury Corp.	4.000%		5/20/26		AUD		5,000			3,844
	New South Wales Treasury Corp.	3.000%		5/20/27		AUD		125,975			92,527
	New South Wales Treasury Corp.	3.000%		3/20/28		AUD		61,000			44,921
	New South Wales Treasury Corp.	3.000%		11/15/28		AUD		20,000			14,864
	New South Wales Treasury Corp.	3.000%		4/20/29		AUD		18,000			13,303
	New South Wales Treasury Corp.	3.000%		2/20/30		AUD		50,960			37,654
	New South Wales Treasury Corp.	6.000%		5/1/30		AUD		3,000			2,777

7 

Total International Bond Index Fund

							Face			Market
			Maturity				Amount			Value•
		Coupon	Date		Currency		(000		)	($000		)
	Northern Territory Treasury Corp.	4.250%		9/20/21		AUD		2,200			1,506
	Northern Territory Treasury Corp.	2.500%		11/21/22		AUD		500			340
	Northern Territory Treasury Corp.	2.750%		10/21/24		AUD		5,700			4,015
	Northern Territory Treasury Corp.	2.750%		4/21/27		AUD		10,400			7,369
	Northern Territory Treasury Corp.	3.500%		5/21/30		AUD		2,400			1,807
	Optus Finance Pty Ltd.	3.250%		8/23/22		AUD		300			202
	Optus Finance Pty Ltd.	3.250%		9/6/23		AUD		550			368
	Queensland Treasury Corp.	5.500%		6/21/21		AUD		47,500			32,725
	Queensland Treasury Corp.	6.000%		7/21/22		AUD		59,600			43,561
2	Queensland Treasury Corp.	4.250%		7/21/23		AUD		43,000			31,320
2	Queensland Treasury Corp.	3.000%		3/22/24		AUD		10,000			7,117
	Queensland Treasury Corp.	5.750%		7/22/24		AUD		38,200			30,195
2	Queensland Treasury Corp.	4.750%		7/21/25		AUD		42,000			32,885
2	Queensland Treasury Corp.	3.250%		7/21/26		AUD		42,500			31,521
2	Queensland Treasury Corp.	2.750%		8/20/27		AUD		48,000			34,796
2	Queensland Treasury Corp.	3.250%		7/21/28		AUD		42,200			31,687
2	Queensland Treasury Corp.	3.250%		8/21/29		AUD		15,000			11,313
2	Queensland Treasury Corp.	3.500%		8/21/30		AUD		17,000			13,158
	Queensland Treasury Corp.	6.500%		3/14/33		AUD		3,650			3,682
2	Queensland Treasury Corp.	4.200%		2/20/47		AUD		7,360			6,451
	SGSP Australia Assets Pty Ltd.	2.000%		6/30/22		EUR		3,700			4,158
	SGSP Australia Assets Pty Ltd.	3.750%		6/28/23		AUD		900			611
	South Australian Government Financing Authority	5.000%		5/20/21		AUD		10,000			6,825
	South Australian Government Financing Authority	1.500%		9/22/22		AUD		32,300			21,508
	South Australian Government Financing Authority	4.250%		11/20/23		AUD		5,000			3,677
	South Australian Government Financing Authority	2.250%		8/15/24		AUD		15,000			10,412
	South Australian Government Financing Authority	2.750%		4/16/25		AUD		11,000			7,857
	South Australian Government Financing Authority	3.000%		7/20/26		AUD		6,500			4,742
	South Australian Government Financing Authority	3.000%		9/20/27		AUD		1,250			918
	South Australian Government Financing Authority	3.000%		5/24/28		AUD		5,890			4,323
	South Australian Government Financing Authority	2.750%		5/24/30		AUD		28,000			20,128
	Tasmanian Public Finance Corp.	3.250%		2/19/26		AUD		9,000			6,560
	Treasury Corp. of Victoria	2.250%		10/29/21		AUD		10,000			6,693
	Treasury Corp. of Victoria	6.000%		10/17/22		AUD		32,000			23,654
	Treasury Corp. of Victoria	5.500%		12/17/24		AUD		14,000			11,123
	Treasury Corp. of Victoria	5.500%		11/17/26		AUD		45,800			38,491
	Treasury Corp. of Victoria	3.000%		10/20/28		AUD		25,620			18,933
	Treasury Corp. of Victoria	2.500%		10/22/29		AUD		62,000			44,266
	Treasury Corp. of Victoria	4.250%		12/20/32		AUD		25,500			21,428
	Treasury Corp. of Victoria	2.250%		11/20/34		AUD		15,000			10,167
	Western Australian Treasury Corp.	2.750%		10/20/22		AUD		45,000			30,951
	Western Australian Treasury Corp.	6.000%		10/16/23		AUD		10,000			7,722
	Western Australian Treasury Corp.	2.500%		7/23/24		AUD		47,000			33,005
	Western Australian Treasury Corp.	5.000%		7/23/25		AUD		12,000			9,523

8 

Total International Bond Index Fund

							Face			Market
			Maturity				Amount			Value•
		Coupon	Date		Currency		(000		)	($000		)
	Western Australian Treasury Corp.	3.000%		10/21/26		AUD		15,000			10,993
	Western Australian Treasury Corp.	3.000%		10/21/27		AUD		10,000			7,377
	Western Australian Treasury Corp.	3.250%		7/20/28		AUD		23,000			17,263
	Western Australian Treasury Corp.	2.750%		7/24/29		AUD		5,000			3,626
											2,901,533
Total Australia (Cost $3,748,372)											3,627,837
Austria (1.4%)
Asset-Backed/Commercial Mortgage-Backed Securities (0.1%)
	Erste Group Bank AG	4.000%		1/20/21		EUR		2,000			2,258
	Erste Group Bank AG	3.500%		2/8/22		EUR		1,500			1,750
	Erste Group Bank AG	0.750%		2/5/25		EUR		2,500			2,860
	HYPO NOE Landesbank fuer Niederoesterreich und Wien AG	0.500%		9/4/25		EUR		5,000			5,662
	Hypoe NOE Landesbank fuer Niederoesterreich und Wien AG	3.000%		5/9/22		EUR		2,000			2,331
	Raiffeisen-Landesbank Steiermark AG	0.625%		1/20/23		EUR		3,700			4,145
	Raiffeisen-Landesbank Steiermark AG	2.375%		6/14/28		EUR		300			394
	Raiffeisenlandesbank Niederoesterreich-Wien AG	2.125%		9/12/22		EUR		3,920			4,536
	Raiffeisenlandesbank Niederoesterreich-Wien AG	0.625%		3/3/25		EUR		300			341
	Raiffeisenlandesbank Niederoesterreich-Wien AG	0.625%		8/28/26		EUR		5,000			5,729
	Raiffeisenlandesbank Niederoesterreich-Wien AG	0.875%		1/24/28		EUR		3,000			3,528
	Raiffeisenlandesbank Vorarlberg Waren-und Revisionsverband registrierte GenmbH	0.500%		9/17/25		EUR		5,000			5,658
	UniCredit Bank Austria AG	1.375%		5/26/21		EUR		5,000			5,566
	UniCredit Bank Austria AG	2.375%		1/22/24		EUR		5,100			6,120
	UniCredit Bank Austria AG	0.750%		2/25/25		EUR		500			572
	UniCredit Bank Austria AG	0.250%		6/4/27		EUR		10,000			11,199
											62,649
Corporate Bonds (0.1%)
	BAWAG PSK Bank fuer Arbeit und Wirtschaft und Oesterreichische Postsparkasse AG	0.375%		9/3/27		EUR		7,000			7,013
	BAWAG PSK Bank fuer Arbeit und Wirtschaft und Oesterreichische Postsparkasse AG	0.010%		10/2/29		EUR		11,300			12,317
	Borealis AG	1.750%		12/10/25		EUR		300			348
	Erste Group Bank AG	0.625%		1/19/23		EUR		4,200			4,702
	Erste Group Bank AG	0.625%		4/17/26		EUR		15,000			17,147
	Erste Group Bank AG	0.750%		1/17/28		EUR		16,100			18,722
	Erste Group Bank AG	0.875%		5/15/34		EUR		15,000			18,023
	JAB Holdings BV	2.125%		9/16/22		EUR		3,000			3,367
	JAB Holdings BV	1.750%		5/25/23		EUR		4,500			5,024
	JAB Holdings BV	1.250%		5/22/24		EUR		10,100			11,030
	JAB Holdings BV	1.750%		6/25/26		EUR		14,000			15,372
	JAB Holdings BV	2.500%		6/25/29		EUR		11,300			12,800
	JAB Holdings BV	2.250%		12/19/39		EUR		10,000			10,069
	OMV AG	4.250%		10/12/21		EUR		1,100			1,269

9 

Total International Bond Index Fund

							Face			Market
			Maturity				Amount			Value•
		Coupon	Date		Currency		(000		)	($000		)
	OMV AG	2.625%	9/27/22		EUR		200			229
	OMV AG	0.750%	12/4/23		EUR		2,500			2,729
	OMV AG	1.000%	12/14/26		EUR		3,450			3,791
	OMV AG	3.500%		9/27/27		EUR		2,900			3,694
	OMV AG	1.875%		12/4/28		EUR		2,200			2,519
1	OMV AG	5.250%		12/29/49		EUR		1,600			1,790
1	OMV AG	6.250%		12/29/49		EUR		3,300			4,066
	Raiffeisen-Landesbank Steiermark AG	1.375%		5/11/33		EUR		5,000			6,367
	Raiffeisenlandesbank Niederoesterreich-Wien AG	0.875%		1/30/29		EUR		12,100			14,285
	Telekom Finanzmanagement GmbH	3.125%		12/3/21		EUR		5,000			5,719
	Telekom Finanzmanagement GmbH	4.000%		4/4/22		EUR		500			584
1	UNIQA Insurance Group AG	6.875%		7/31/43		EUR		1,200			1,458
1	UNIQA Insurance Group AG	6.000%		7/27/46		EUR		3,200			3,996
1	Vienna Insurance Group AG Wiener Versicherung Gruppe	5.500%		10/9/43		EUR		1,200			1,454
											189,884
Sovereign Bonds (1.2%)
3	Autobahnen- und Schnellstrassen-Finanzierungs AG	0.250%		10/18/24		EUR		34,000			38,118
3	Autobahnen- und Schnellstrassen-Finanzierungs AG	3.375%		9/22/25		EUR		2,000			2,625
3	Autobahnen- und Schnellstrassen-Finanzierungs AG	0.100%		7/9/29		EUR		9,000			10,057
3	Autobahnen- und Schnellstrassen-Finanzierungs AG	2.750%		6/11/32		EUR		500			723
3	Autobahnen- und Schnellstrassen-Finanzierungs AG	2.750%		6/20/33		EUR		1,200			1,762
3	Hypo Alpe-Adria-Bank International AG	2.375%		12/13/22		EUR		3,000			3,467
3	Kaerntner Ausgleichszahlungs-Fonds	0.000%		1/14/32		EUR		39,000			40,903
3	OeBB Infrastruktur AG	3.625%		7/13/21		EUR		1,000			1,148
3	OeBB Infrastruktur AG	2.250%		7/4/23		EUR		10,000			11,854
3	OeBB Infrastruktur AG	1.000%		11/18/24		EUR		12,000			13,931
3	OeBB Infrastruktur AG	3.500%		10/19/26		EUR		1,800			2,448
3	OeBB Infrastruktur AG	2.250%		5/28/29		EUR		3,000			3,971
3	OeBB Infrastruktur AG	3.375%		5/18/32		EUR		7,000			10,683
3	OeBB-Infrastruktur AG	3.875%		6/30/25		EUR		10,000			13,335
3	OeBB-Infrastruktur AG	3.000%		10/24/33		EUR		150			228
3	Oesterreichische Kontrollbank AG	0.750%		3/7/22		GBP		1,500			1,896
3	Oesterreichische Kontrollbank AG	2.625%		11/22/24		CHF		30,610			35,990
3	Oesterreichische Kontrollbank AG	3.200%		8/25/25		AUD		1,500			1,077
3	Oesterreichische Kontrollbank AG	0.000%		10/8/26		EUR		5,000			5,547
3	Oesterreichische Kontrollbank AG	2.875%		2/25/30		CHF		4,500			6,036
2	Republic of Austria	3.500%		9/15/21		EUR		40,435			46,803
2	Republic of Austria	3.650%		4/20/22		EUR		53,160			63,078
2	Republic of Austria	0.000%		9/20/22		EUR		101,250			112,548
2	Republic of Austria	3.400%		11/22/22		EUR		30,300			36,618
2	Republic of Austria	0.000%		4/20/23		EUR		102,299			113,984
2	Republic of Austria	0.000%		7/15/23		EUR		26,075			29,079
2	Republic of Austria	1.750%		10/20/23		EUR		50,930			60,335
2	Republic of Austria	0.000%		7/15/24		EUR		70,000			78,341
2	Republic of Austria	1.650%		10/21/24		EUR		66,900			80,366
2	Republic of Austria	1.200%		10/20/25		EUR		31,000			37,040

10 

Total International Bond Index Fund

							Face			Market
			Maturity				Amount			Value•
		Coupon	Date		Currency		(000		)	($000		)
2	Republic of Austria	4.850%		3/15/26		EUR		25,250			36,309
2	Republic of Austria	0.750%		10/20/26		EUR		77,200			90,764
2	Republic of Austria	0.500%		4/20/27		EUR		41,000			47,443
	Republic of Austria	6.250%		7/15/27		EUR		2,080			3,361
2	Republic of Austria	0.500%		2/20/29		EUR		152,876			178,298
2	Republic of Austria	0.000%		2/20/30		EUR		26,682			29,735
2	Republic of Austria	2.400%		5/23/34		EUR		22,605			32,987
2	Republic of Austria	5.375%		12/1/34		CAD		1,625			1,693
2	Republic of Austria	4.150%		3/15/37		EUR		90,565			167,420
2	Republic of Austria	3.150%		6/20/44		EUR		50,245			94,316
2	Republic of Austria	1.500%		2/20/47		EUR		31,800			46,138
2	Republic of Austria	3.800%		1/26/62		EUR		11,100			28,344
2	Republic of Austria	1.500%		11/2/86		EUR		36,898			61,155
2	Republic of Austria	2.100%		9/20/17		EUR		24,067			53,010
											1,734,964
Total Austria (Cost $1,917,343)											1,987,497
Belgium (2.4%)
Asset-Backed/Commercial Mortgage-Backed Securities (0.0%)
	Belfius Bank SA/NV	0.625%		10/14/21		EUR		29,700			32,919
	Belfius Bank SA/NV	2.125%		1/30/23		EUR		3,400			3,958
	Belfius Bank SA/NV	1.750%		6/24/24		EUR		600			709
	Belfius Bank SA/NV	0.750%		2/10/25		EUR		200			228
	Belfius Bank SA/NV	0.125%		9/14/26		EUR		10,000			11,062
	KBC Bank NV	0.450%		1/22/22		EUR		5,000			5,537
											54,413
Corporate Bonds (0.3%)
1	Ageas	3.250%		7/2/49		EUR		10,300			11,451
	Anheuser-Busch InBev Finance Inc.	3.375%		1/25/23		CAD		10,000			7,442
	Anheuser-Busch InBev Finance Inc.	2.600%		5/15/24		CAD		6,000			4,370
	Anheuser-Busch InBev Finance Inc.	4.320%		5/15/47		CAD		10			7
	Anheuser-Busch InBev SA/NV	4.000%		6/2/21		EUR		5,100			5,784
	Anheuser-Busch InBev SA/NV	0.875%		3/17/22		EUR		21,200			23,392
	Anheuser-Busch InBev SA/NV	9.750%		7/30/24		GBP		1,900			3,191
	Anheuser-Busch InBev SA/NV	2.875%		9/25/24		EUR		4,500			5,428
	Anheuser-Busch InBev SA/NV	1.750%		3/7/25		GBP		2,000			2,540
	Anheuser-Busch InBev SA/NV	1.500%		3/17/25		EUR		1,320			1,515
	Anheuser-Busch InBev SA/NV	4.000%		9/24/25		GBP		11,200			15,766
	Anheuser-Busch InBev SA/NV	2.700%		3/31/26		EUR		200			245
	Anheuser-Busch InBev SA/NV	1.150%		1/22/27		EUR		10,000			11,199
	Anheuser-Busch InBev SA/NV	2.000%		3/17/28		EUR		22,900			27,149
	Anheuser-Busch InBev SA/NV	1.500%		4/18/30		EUR		900			1,009
	Anheuser-Busch InBev SA/NV	1.650%		3/28/31		EUR		20,700			23,275
	Anheuser-Busch InBev SA/NV	3.250%		1/24/33		EUR		5,100			6,518
	Anheuser-Busch InBev SA/NV	2.000%		1/23/35		EUR		12,000			13,265
	Anheuser-Busch InBev SA/NV	2.750%		3/17/36		EUR		9,750			11,541
	Anheuser-Busch InBev SA/NV	2.850%		5/25/37		GBP		10,000			13,024
	Argenta Spaarbank NV	1.000%		2/6/24		EUR		23,000			25,315
1	Argenta Spaarbank NV	3.875%		5/24/26		EUR		24,500			27,028
	Belfius Bank SA/NV	0.750%		9/12/22		EUR		4,900			5,345
	Belfius Bank SA/NV	1.000%		10/26/24		EUR		10,000			10,945
	Belfius Bank SA/NV	0.375%		2/13/26		EUR		6,000			6,227
	Belfius Bank SA/NV	3.125%		5/11/26		EUR		11,800			13,507
	BNP Paribas Fortis SA	0.625%		10/4/25		EUR		500			568

11 

Total International Bond Index Fund

							Face			Market
			Maturity				Amount			Value•
		Coupon	Date		Currency		(000		)	($000		)
	BNP Paribas Fortis SA	0.875%		3/22/28		EUR		10,000			11,657
	Brussels Airport Co. NV/SA	1.000%		5/3/24		EUR		16,300			17,634
	Elia System Operator SA/NV	1.375%		5/27/24		EUR		100			114
	Elia System Operator SA/NV	3.250%		4/4/28		EUR		300			395
	Elia System Operator SA/NV	1.500%		9/5/28		EUR		2,500			2,913
	Elia System Operator SA/NV	3.000%		4/7/29		EUR		400			525
1	Elia System Operator SA/NV	2.750%		12/31/49		EUR		500			556
	Elia Transmission Belgium SA	1.375%		1/14/26		EUR		8,400			9,637
	Ethias SA	5.000%		1/14/26		EUR		8,800			10,403
	Euroclear Bank SA/NV	0.500%		7/10/23		EUR		12,500			13,640
	Euroclear Investments SA	1.125%		12/7/26		EUR		6,000			6,673
	FBG Finance Pty Ltd.	3.250%		9/6/22		AUD		12,550			8,333
	FBG Finance Pty Ltd.	3.750%		9/6/24		AUD		9,900			6,712
	FBG Finance Pty Ltd.	4.100%		9/6/27		AUD		2,420			1,644
	KBC Bank NV	0.375%		9/1/22		EUR		32,000			35,520
	KBC Bank NV	0.750%		10/24/27		EUR		7,300			8,436
	KBC Group NV	0.750%		10/18/23		EUR		4,200			4,607
	KBC Group NV	1.125%		1/25/24		EUR		11,500			12,794
	Solvay SA	1.625%		12/2/22		EUR		8,300			9,328
	Solvay SA	2.750%		12/2/27		EUR		700			852
											439,419
Sovereign Bonds (2.1%)
4	Dexia Credit Local SA	0.875%		9/7/21		GBP		5,600			7,087
4	Dexia Credit Local SA	0.625%		1/21/22		EUR		16,500			18,317
4	Dexia Credit Local SA	0.750%		1/25/23		EUR		32,500			36,497
4	Dexia Credit Local SA	0.625%		2/3/24		EUR		62,000			69,905
4	Dexia Credit Local SA	1.250%		11/26/24		EUR		17,200			19,996
4	Dexia Credit Local SA	1.000%		10/18/27		EUR		200			235
	Flemish Community	0.375%		10/13/26		EUR		5,000			5,610
	Flemish Community	1.000%		10/13/36		EUR		10,400			12,143
	Flemish Community	1.500%		7/12/38		EUR		3,000			3,773
	Flemish Community	1.875%		6/2/42		EUR		3,500			4,765
	Flemish Community	1.500%		4/11/44		EUR		3,300			4,064
	FLUVIUS System Operator CVBA	4.500%		11/8/21		EUR		1,500			1,738
	FLUVIUS System Operator CVBA	2.875%		10/9/23		EUR		3,000			3,557
	FLUVIUS System Operator CVBA	1.750%		12/4/26		EUR		6,000			7,003
2	Kingdom of Belgium	3.750%		9/28/20		EUR		72,220			80,476
2	Kingdom of Belgium	4.250%		9/28/21		EUR		187,475			219,343
2	Kingdom of Belgium	4.250%		9/28/22		EUR		82,650			101,229
	Kingdom of Belgium	2.250%		6/22/23		EUR		69,990			83,488
2	Kingdom of Belgium	2.600%		6/22/24		EUR		80,380			99,360
2	Kingdom of Belgium	0.500%		10/22/24		EUR		52,000			59,366
2	Kingdom of Belgium	0.800%		6/22/25		EUR		137,510			160,021
2	Kingdom of Belgium	4.500%		3/28/26		EUR		7,400			10,449
2	Kingdom of Belgium	1.000%		6/22/26		EUR		147,864			175,198
2	Kingdom of Belgium	0.800%		6/22/27		EUR		127,300			149,970
2	Kingdom of Belgium	0.000%		10/22/27		EUR		159,981			177,936
	Kingdom of Belgium	5.500%		3/28/28		EUR		1,005			1,602
2	Kingdom of Belgium	0.900%		6/22/29		EUR		162,231			194,220
	Kingdom of Belgium	0.100%		6/22/30		EUR		150,000			166,417
2	Kingdom of Belgium	1.000%		6/22/31		EUR		27,200			33,034
	Kingdom of Belgium	4.000%		3/28/32		EUR		40,320			64,791
	Kingdom of Belgium	1.250%		4/22/33		EUR		35,000			43,990
2	Kingdom of Belgium	3.000%		6/22/34		EUR		126,770			193,579

12 

Total International Bond Index Fund

							Face			Market
			Maturity				Amount			Value•
		Coupon	Date		Currency		(000		)	($000		)
2	Kingdom of Belgium	5.000%		3/28/35		EUR		4,430			8,249
2	Kingdom of Belgium	1.450%		6/22/37		EUR		17,220			22,341
2	Kingdom of Belgium	1.900%		6/22/38		EUR		126,642			175,713
2	Kingdom of Belgium	4.250%		3/28/41		EUR		76,430			146,752
	Kingdom of Belgium	3.750%		6/22/45		EUR		56,445			109,063
2	Kingdom of Belgium	1.600%		6/22/47		EUR		51,225			70,817
2	Kingdom of Belgium	1.700%		6/22/50		EUR		47,723			67,890
2	Kingdom of Belgium	2.250%		6/22/57		EUR		5,600			9,317
2	Kingdom of Belgium	2.150%		6/22/66		EUR		43,500			73,784
	Proximus SADP	2.375%		4/4/24		EUR		3,100			3,669
											2,896,754
Total Belgium (Cost $3,303,710)											3,390,586
Brazil (0.0%)
Corporate Bonds (0.0%)
	Vale SA	3.750%		1/10/23		EUR		5,000			5,499
Total Brazil (Cost $5,508)											5,499
Bulgaria (0.0%)
Sovereign Bonds (0.0%)
	Republic of Bulgaria	2.000%		3/26/22		EUR		3,000			3,382
	Republic of Bulgaria	1.875%		3/21/23		EUR		6,000			6,810
	Republic of Bulgaria	2.950%		9/3/24		EUR		800			957
	Republic of Bulgaria	2.625%		3/26/27		EUR		3,000			3,623
	Republic of Bulgaria	3.000%		3/21/28		EUR		25,000			31,126
	Republic of Bulgaria	3.125%		3/26/35		EUR		5,000			6,435
Total Bulgaria (Cost $47,991)											52,333
Canada (5.8%)
Asset-Backed/Commercial Mortgage-Backed Securities (0.1%)
	Bank of Montreal	0.100%		10/20/23		EUR		10,000			10,965
	Bank of Nova Scotia	0.750%		9/14/21		GBP		1,500			1,891
	Bank of Nova Scotia	0.750%		9/17/21		EUR		10,900			12,069
	Bank of Nova Scotia	0.125%		1/13/22		EUR		1,100			1,208
	Bank of Nova Scotia	0.250%		1/11/24		EUR		10,000			11,036
	Canadian Imperial Bank of Commerce	0.000%		7/25/22		EUR		15,000			16,487
	National Bank of Canada	0.500%		1/26/22		EUR		18,900			20,889
	National Bank of Canada	0.000%		9/29/23		EUR		4,600			5,033
	National Bank of Canada	0.375%		1/15/24		EUR		5,000			5,546
	Royal Bank of Canada	0.875%		6/17/22		EUR		7,000			7,825
	Toronto-Dominion Bank	0.750%		10/29/21		EUR		6,000			6,652
	Toronto-Dominion Bank	0.250%		4/27/22		EUR		5,000			5,508
	Toronto-Dominion Bank	0.375%		4/27/23		EUR		21,000			23,270
	Toronto-Dominion Bank	0.625%		6/6/25		EUR		14,000			15,737
											144,116
Corporate Bonds (1.4%)
	407 International Inc.	4.300%		5/26/21		CAD		1,490			1,096
	407 International Inc.	2.430%		5/4/27		CAD		2,150			1,606
	407 International Inc.	3.140%		3/6/30		CAD		5,472			4,327
	407 International Inc.	5.750%		2/14/36		CAD		1,995			1,892
	407 International Inc.	4.450%		11/15/41		CAD		5,000			4,442
	407 International Inc.	4.190%		4/25/42		CAD		5,500			4,733
	407 International Inc.	3.830%		5/11/46		CAD		10,000			8,320
	407 International Inc.	3.600%		5/21/47		CAD		6,875			5,529

13 

Total International Bond Index Fund

							Face			Market
			Maturity				Amount			Value•
		Coupon	Date		Currency		(000		)	($000		)
	407 International Inc.	3.720%		5/11/48		CAD		35			29
	407 International Inc.	3.670%		3/8/49		CAD		2,000			1,635
	55 Ontario School Board Trust	5.900%		6/2/33		CAD		5,143			5,346
	Aeroports de Montreal	5.170%		9/17/35		CAD		3,625			3,343
	Aeroports de Montreal	5.670%		10/16/37		CAD		2,000			1,974
	AIMCo Realty Investors LP	2.266%		6/26/24		CAD		5,000			3,660
	AIMCo Realty Investors LP	3.367%		6/1/27		CAD		1,885			1,476
	AIMCo Realty Investors LP	2.712%		6/1/29		CAD		4,200			3,155
	Alberta Powerline LP	4.065%		12/1/53		CAD		4,954			4,059
	Alberta Powerline LP	4.065%		3/1/54		CAD		484			396
	Alectra Inc.	2.488%		5/17/27		CAD		11,000			8,278
	Alectra Inc.	3.458%		4/12/49		CAD		45			36
2	Algonquin Power Co.	4.090%		2/17/27		CAD		800			612
	Algonquin Power Co.	4.600%		1/29/29		CAD		2,266			1,790
	Alimentation Couche-Tard Inc.	3.056%		7/26/24		CAD		4,355			3,231
	Alimentation Couche-Tard Inc.	3.600%		6/2/25		CAD		3,900			2,965
	Alimentation Couche-Tard Inc.	1.875%		5/6/26		EUR		100			108
	Alliance Pipeline LP	6.765%		12/31/25		CAD		33			27
	Allied Properties REIT	3.636%		4/21/25		CAD		5,000			3,727
	Allied Properties REIT	3.113%		4/8/27		CAD		5,000			3,632
	AltaGas Canada Inc.	4.260%		12/5/28		CAD		1,497			1,216
	AltaGas Ltd.	3.840%		1/15/25		CAD		9,165			6,877
	AltaGas Ltd.	3.980%		10/4/27		CAD		3,000			2,247
	AltaGas Ltd.	4.500%		8/15/44		CAD		89			62
	AltaGas Ltd.	4.990%		10/4/47		CAD		770			575
	AltaLink LP	3.668%		11/6/23		CAD		200			155
	AltaLink LP	3.399%		6/6/24		CAD		10,000			7,693
	AltaLink LP	4.872%		11/15/40		CAD		5,105			4,817
	AltaLink LP	3.990%		6/30/42		CAD		2,925			2,499
	AltaLink LP	4.922%		9/17/43		CAD		3,000			2,915
	AltaLink LP	4.054%		11/21/44		CAD		1,200			1,045
	AltaLink LP	4.090%		6/30/45		CAD		850			746
	AltaLink LP	3.717%		12/3/46		CAD		185			155
1	Atco Ltd.	5.500%		11/1/78		CAD		1,021			752
	Bank of Montreal	1.610%		10/28/21		CAD		10,000			7,224
	Bank of Montreal	2.120%		3/16/22		CAD		15,300			11,161
	Bank of Montreal	1.625%		6/21/22		GBP		1,100			1,386
	Bank of Montreal	2.270%		7/11/22		CAD		22,000			16,140
	Bank of Montreal	3.250%		10/6/22		AUD		1,900			1,289
	Bank of Montreal	0.050%		12/30/22		CHF		7,000			7,146
	Bank of Montreal	0.200%		1/26/23		EUR		7,600			8,370
	Bank of Montreal	2.890%		6/20/23		CAD		12,000			9,035
	Bank of Montreal	3.200%		9/7/23		AUD		800			540
	Bank of Montreal	2.850%		3/6/24		CAD		7,000			5,216
	Bank of Montreal	2.280%		7/29/24		CAD		25			18
	Bank of Montreal	2.700%		9/11/24		CAD		14,036			10,619
	Bank of Montreal	2.370%		2/3/25		CAD		12,000			8,791
	Bank of Montreal	4.609%		9/10/25		CAD		5,000			4,170
1	Bank of Montreal	3.320%		6/1/26		CAD		10,500			7,646
	Bank of Montreal	2.700%		12/9/26		CAD		10,000			7,722
1	Bank of Montreal	2.570%		6/1/27		CAD		5,000			3,625
	Bank of Montreal	3.190%		3/1/28		CAD		13,600			10,880
	Bank of Nova Scotia	2.873%		6/4/21		CAD		3,150			2,304
	Bank of Nova Scotia	1.900%		12/2/21		CAD		10,000			7,258

14 

Total International Bond Index Fund

						Face			Market
			Maturity			Amount			Value•
		Coupon		Date	Currency		(000	)	($000		)
	Bank of Nova Scotia	1.250%		6/8/22	GBP		500			625
	Bank of Nova Scotia	2.360%		11/8/22	CAD		35,000			25,810
	Bank of Nova Scotia	1.750%		12/23/22	GBP		1,000			1,264
	Bank of Nova Scotia	2.980%		4/17/23	CAD		9,965			7,505
	Bank of Nova Scotia	2.380%		5/1/23	CAD		15,400			11,405
	Bank of Nova Scotia	2.160%		2/3/25	CAD		11,000			7,979
	Bank of Nova Scotia	2.620%		12/2/26	CAD		15,000			11,504
	Bank of Nova Scotia	0.010%		1/14/27	EUR		10,000			10,829
1	Bank of Nova Scotia	2.580%		3/30/27	CAD		4,550			3,292
	Bank of Nova Scotia	3.100%		2/2/28	CAD		13,932			11,085
1	Bank of Nova Scotia	3.890%		1/18/29	CAD		4,855			3,666
1	Bank of Nova Scotia	2.836%		7/3/29	CAD		1,770			1,287
	Bankers Hall LP	4.377%		11/20/23	CAD		90			64
	bcIMC Realty Corp.	2.840%		6/3/25	CAD		7,001			5,297
	bcIMC Realty Corp.	3.000%		3/31/27	CAD		275			211
	Bell Canada Inc.	3.150%		9/29/21	CAD		20,200			14,841
	Bell Canada Inc.	3.000%		10/3/22	CAD		18,200			13,524
	Bell Canada Inc.	3.350%		3/22/23	CAD		15,000			11,261
	Bell Canada Inc.	3.350%		3/12/25	CAD		2,200			1,682
	Bell Canada Inc.	3.550%		3/2/26	CAD		3,000			2,329
	Bell Canada Inc.	2.900%		8/12/26	CAD		3,000			2,262
	Bell Canada Inc.	3.800%		8/21/28	CAD		3,000			2,398
	Bell Canada Inc.	7.850%		4/2/31	CAD		5,000			5,177
	Bell Canada Inc.	4.750%		9/29/44	CAD		3,500			2,996
	Bell Canada Inc.	4.350%		12/18/45	CAD		4,771			3,878
	Bell Canada Inc.	4.450%		2/27/47	CAD		8,098			6,704
	Bell Canada Inc.	3.500%		9/30/50	CAD		3,500			1,637
	Bow Centre Street LP	3.797%		6/13/23	CAD		1,564			1,111
	Bridging North America GP	4.341%		8/31/53	CAD		2,178			1,704
	British Columbia Ferry Services Inc.	4.702%		10/23/43	CAD		5,605			5,247
	Brookfield Asset Management Inc.	4.540%		3/31/23	CAD		11,875			9,033
	Brookfield Asset Management Inc.	5.040%		3/8/24	CAD		1,500			1,169
	Brookfield Asset Management Inc.	4.820%		1/28/26	CAD		19,000			15,059
	Brookfield Asset Management Inc.	3.800%		3/16/27	CAD		4,235			3,198
	Brookfield Infrastructure Finance ULC	3.452%		3/11/22	CAD		90			66
	Brookfield Infrastructure Finance ULC	3.315%		2/22/24	CAD		5,000			3,669
	Brookfield Infrastructure Finance ULC	4.193%		9/11/28	CAD		4,248			3,224
	Brookfield Infrastructure Finance ULC	3.410%		10/9/29	CAD		2,900			2,075
	Brookfield Renewable Partners ULC	3.752%		6/2/25	CAD		5,301			4,033
	Brookfield Renewable Partners ULC	3.380%		1/15/30	CAD		5,500			4,104
	Brookfield Renewable Partners ULC	4.290%		11/5/49	CAD		1,700			1,204
	Bruce Power LP	2.844%		6/23/21	CAD		3,300			2,401
	Bruce Power LP	3.000%		6/21/24	CAD		2,000			1,479
	Bruce Power LP	3.969%		6/23/26	CAD		5,000			3,878
	Bruce Power LP	4.010%		6/21/29	CAD		1,285			999
	Bruce Power LP	4.132%		6/21/33	CAD		2,200			1,684
	Bruce Power LP	4.746%		6/21/49	CAD		3,200			2,539
	Cameco Corp.	4.190%		6/24/24	CAD		3,545			2,507
	Canadian Imperial Bank of Commerce	1.640%		7/12/21	CAD		225			162
	Canadian Imperial Bank of Commerce	2.040%		3/21/22	CAD		10,000			7,284
	Canadian Imperial Bank of Commerce	2.300%		7/11/22	CAD		15,000			11,007
	Canadian Imperial Bank of Commerce	0.250%		1/24/23	EUR		14,500			15,999
	Canadian Imperial Bank of Commerce	0.750%		3/22/23	EUR		10,000			11,011
	Canadian Imperial Bank of Commerce	2.430%		6/9/23	CAD		15,800			11,722

15 

Total International Bond Index Fund

						Face			Market
			Maturity			Amount			Value•
		Coupon		Date	Currency		(000	)		($000	)
	Canadian Imperial Bank of Commerce	2.970%		7/11/23	CAD		9,940			7,502
	Canadian Imperial Bank of Commerce	3.290%		1/15/24	CAD		6,500			4,903
	Canadian Imperial Bank of Commerce	0.375%		5/3/24	EUR		19,000			20,269
	Canadian Imperial Bank of Commerce	2.350%		8/28/24	CAD		8,500			6,332
	Canadian Imperial Bank of Commerce	3.300%		5/26/25	CAD		25,900			20,278
1	Canadian Imperial Bank of Commerce	3.450%		4/4/28	CAD		8,000			5,925
	Canadian National Railway Co.	2.800%		9/22/25	CAD		4,995			3,775
	Canadian National Railway Co.	3.200%		7/31/28	CAD		2,750			2,147
	Canadian National Railway Co.	3.600%		8/1/47	CAD		9,990			7,934
	Canadian National Railway Co.	3.600%		2/8/49	CAD		980			781
	Canadian National Railway Co.	3.050%		2/8/50	CAD		1,229			889
	Canadian Natural Resources Ltd.	3.310%		2/11/22	CAD		20,000			14,220
	Canadian Natural Resources Ltd.	3.550%		6/3/24	CAD		10,000			6,928
	Canadian Natural Resources Ltd.	4.850%		5/30/47	CAD		1,335			810
	Canadian Pacific Railway Co.	3.150%		3/13/29	CAD		3,134			2,410
	Canadian Pacific Railway Co.	6.450%		11/17/39	CAD		1,750			1,841
	Canadian Tire Corp. Ltd.	3.167%		7/6/23	CAD		8,090			5,937
	Canadian Tire Corp. Ltd.	6.445%		2/24/34	CAD		866			758
	Canadian Tire Corp. Ltd.	5.610%		9/4/35	CAD		2,000			1,650
	Canadian Western Bank	2.788%		9/13/21	CAD		4,700			3,386
	Canadian Western Bank	2.924%		12/15/22	CAD		4,700			3,393
	Canadian Western Bank	2.597%		9/6/24	CAD		4,000			2,831
	Canadian Western Bank	2.606%		1/30/25	CAD		6,600			4,665
	Capital City Link General Partnership	4.386%		3/31/46	CAD		825			699
1	Capital Desjardins Inc.	4.954%		12/15/26	CAD		3,000			2,252
	Capital Power Corp.	4.986%		1/23/26	CAD		1,677			1,263
	Capital Power Corp.	4.424%		2/8/30	CAD		1,508			1,083
	CCL Industries Inc.	3.864%		4/13/28	CAD		1,620			1,221
	Chartwell Retirement Residences	4.211%		4/28/25	CAD		1,000			731
	Choice Properties REIT	3.556%		9/9/24	CAD		2,032			1,522
	Choice Properties REIT	3.546%		1/10/25	CAD		8,000			5,996
	Choice Properties REIT	3.532%		6/11/29	CAD		7,100			5,327
	CI Financial Corp.	2.775%		11/25/21	CAD		10,000			7,185
	CI Financial Corp.	3.520%		7/20/23	CAD		130			95
	CI Financial Corp.	3.904%		9/27/27	CAD		1,645			1,179
1	CIBC Capital Trust	10.250%		6/30/08	CAD		280			227
	Clover LP	4.216%		3/31/34	CAD		1,679			1,328
	Clover LP	4.216%		6/30/34	CAD		1,888			1,494
	Cogeco Communications Inc.	4.175%		5/26/23	CAD		2,250			1,692
	Concordia University	6.550%		9/2/42	CAD		3,000			3,580
	Crosslinx Transit Solutions GP	4.651%		9/30/46	CAD		3,133			2,539
	CSS FSCC Partnership	6.915%		7/31/42	CAD		27			28
	CT REIT	3.527%		6/9/25	CAD		4,600			3,367
	CT REIT	3.469%		6/16/27	CAD		1,332			968
	CU Inc.	4.801%		11/22/21	CAD		5,500			4,160
	CU Inc.	4.543%		10/24/41	CAD		2,000			1,807
	CU Inc.	3.805%		9/10/42	CAD		450			370
	CU Inc.	4.722%		9/9/43	CAD		3,000			2,799
	CU Inc.	4.085%		9/2/44	CAD		5,400			4,650
	CU Inc.	3.964%		7/27/45	CAD		3,000			2,554
	CU Inc.	3.763%		11/19/46	CAD		1,500			1,241
	CU Inc.	3.950%		11/23/48	CAD		970			833
	CU Inc.	2.963%		9/7/49	CAD		4,500			3,268
	CU Inc.	4.211%		10/29/55	CAD		15,000			13,616

16 

Total International Bond Index Fund

					Face		Market
			Maturity		Amount		Value•
		Coupon	Date	Currency	(000	)	($000	)
	CU Inc.	4.593%	10/24/61	CAD	125		122
	Dollarama Inc.	3.550%	11/6/23	CAD	4,470		3,388
	Edmonton Regional Airports Authority	7.214%	11/1/30	CAD	939		850
	Emera Inc.	2.900%	6/16/23	CAD	28,000		20,492
1	Empire Life Insurance Co.	3.383%	12/16/26	CAD	1,000		731
1	Empire Life Insurance Co.	3.664%	3/15/28	CAD	1,000		738
	Enbridge Gas Distribution Inc.	3.150%	8/22/24	CAD	6,480		4,936
	Enbridge Gas Distribution Inc.	3.310%	9/11/25	CAD	3,240		2,520
	Enbridge Gas Distribution Inc.	2.500%	8/5/26	CAD	2,000		1,504
	Enbridge Gas Distribution Inc.	4.000%	8/22/44	CAD	2,000		1,701
	Enbridge Gas Distribution Inc.	4.950%	11/22/50	CAD	1,000		1,007
	Enbridge Gas Inc.	2.900%	4/1/30	CAD	5,000		3,840
	Enbridge Gas Inc.	3.800%	6/1/46	CAD	3,000		2,498
	Enbridge Gas Inc.	3.590%	11/22/47	CAD	1,800		1,455
	Enbridge Gas Inc.	3.510%	11/29/47	CAD	4,696		3,747
	Enbridge Gas Inc.	3.010%	8/9/49	CAD	3,000		2,194
	Enbridge Inc.	3.190%	12/5/22	CAD	15,070		11,024
	Enbridge Inc.	3.950%	11/19/24	CAD	3,000		2,259
	Enbridge Inc.	3.200%	6/8/27	CAD	2,400		1,745
	Enbridge Inc.	2.990%	10/3/29	CAD	5,285		3,713
	Enbridge Inc.	4.240%	8/27/42	CAD	4,360		3,114
	Enbridge Inc.	4.570%	3/11/44	CAD	3,406		2,575
	Enbridge Inc.	4.870%	11/21/44	CAD	4,200		3,319
	Enbridge Pipelines Inc.	3.790%	8/17/23	CAD	4,800		3,614
	Enbridge Pipelines Inc.	3.450%	9/29/25	CAD	5,240		3,964
	Enbridge Pipelines Inc.	3.520%	2/22/29	CAD	1,900		1,438
	Enbridge Pipelines Inc.	4.550%	8/17/43	CAD	1,000		783
	Enbridge Pipelines Inc.	4.550%	9/29/45	CAD	5,600		4,408
	Enbridge Pipelines Inc.	4.130%	8/9/46	CAD	5,000		3,710
	Enbridge Pipelines Inc.	4.330%	2/22/49	CAD	2,200		1,682
	EPCOR Utilities Inc.	4.550%	2/28/42	CAD	2,985		2,694
	EPCOR Utilities Inc.	3.554%	11/27/47	CAD	7,000		5,608
	Fairfax Financial Holdings Ltd.	5.840%	10/14/22	CAD	2,800		2,131
	Fairfax Financial Holdings Ltd.	4.500%	3/22/23	CAD	2,500		1,851
	Fairfax Financial Holdings Ltd.	4.950%	3/3/25	CAD	4,060		3,072
	Fairfax Financial Holdings Ltd.	4.700%	12/16/26	CAD	5,000		3,726
	Fairfax Financial Holdings Ltd.	4.250%	12/6/27	CAD	2,465		1,780
	Fairfax Financial Holdings Ltd.	4.230%	6/14/29	CAD	750		531
	Federated Co-Operatives Ltd.	3.917%	6/17/25	CAD	594		441
	Federation des Caisses Desjardins du Quebec	2.091%	1/17/22	CAD	2,590		1,886
	Federation des Caisses Desjardins du Quebec	3.056%	9/11/23	CAD	5,000		3,783
	Federation des Caisses Desjardins du Quebec	2.417%	10/4/24	CAD	12,965		9,517
	First Capital Realty Inc.	4.790%	8/30/24	CAD	4,985		3,729
	First Capital Realty Inc.	4.323%	7/31/25	CAD	10,000		7,344
	First Capital REIT	3.753%	7/12/27	CAD	75		53
	Fortis Inc.	2.850%	12/12/23	CAD	2,600		1,934
	FortisAlberta Inc.	6.220%	10/31/34	CAD	70		70
	FortisAlberta Inc.	3.672%	9/9/47	CAD	4,188		3,419
	FortisBC Energy Inc.	6.500%	5/1/34	CAD	10,000		10,298
	FortisBC Energy Inc.	6.050%	2/15/38	CAD	10,000		10,297
	FortisBC Inc.	4.000%	10/28/44	CAD	2,100		1,758

17 

Total International Bond Index Fund

					Face		Market
			Maturity		Amount		Value•
		Coupon	Date	Currency	(000	)	($000	)
	Genworth MI Canada Inc.	4.242%	4/1/24	CAD	1,024		750
	Gibson Energy Inc.	3.600%	9/17/29	CAD	2,739		1,868
	Granite REIT Holdings LP	3.788%	7/5/21	CAD	3,000		2,187
	Great-West Lifeco Inc.	1.750%	12/7/26	EUR	500		561
	Great-West Lifeco Inc.	6.670%	3/21/33	CAD	1,990		1,943
	Great-West Lifeco Inc.	5.998%	11/16/39	CAD	11,000		10,613
	Greater Toronto Airports Authority	2.730%	4/3/29	CAD	4,300		3,268
	Greater Toronto Airports Authority	2.750%	10/17/39	CAD	5,635		4,042
	Greater Toronto Airports Authority	5.300%	2/25/41	CAD	3,100		3,063
2	Greater Toronto Airports Authority	4.530%	12/2/41	CAD	5,000		4,494
	H&R REIT	3.416%	1/23/23	CAD	5,307		3,811
	H&R REIT	3.369%	1/30/24	CAD	1,513		1,088
	Halifax International Airport Authority	5.503%	7/19/41	CAD	204		196
	Honda Canada Finance Inc.	1.823%	12/7/21	CAD	16,173		11,584
	Honda Canada Finance Inc.	3.444%	5/23/25	CAD	4,300		3,243
	Hospital for Sick Children	3.416%	12/7/57	CAD	2,727		2,243
	Hospital Infrastructure Partners NOH Partnership	5.439%	1/31/45	CAD	5,383		5,046
	HSBC Bank Canada	2.908%	9/29/21	CAD	3,000		2,193
	HSBC Bank Canada	2.170%	6/29/22	CAD	10,500		7,614
	HSBC Bank Canada	2.542%	1/31/23	CAD	9,980		7,310
	HSBC Bank Canada	3.245%	9/15/23	CAD	10,000		7,497
	Husky Energy Inc.	3.550%	3/12/25	CAD	800		527
	Husky Energy Inc.	3.600%	3/10/27	CAD	6,127		3,849
	Hydro One Inc.	2.570%	6/25/21	CAD	2,045		1,491
	Hydro One Inc.	3.200%	1/13/22	CAD	330		244
	Hydro One Inc.	2.970%	6/26/25	CAD	245		188
	Hydro One Inc.	2.770%	2/24/26	CAD	9,800		7,455
	Hydro One Inc.	3.020%	4/5/29	CAD	3,800		2,986
	Hydro One Inc.	7.350%	6/3/30	CAD	2,000		2,101
	Hydro One Inc.	6.930%	6/1/32	CAD	1,135		1,108
	Hydro One Inc.	5.360%	5/20/36	CAD	1,000		951
	Hydro One Inc.	4.890%	3/13/37	CAD	5,000		4,570
	Hydro One Inc.	5.490%	7/16/40	CAD	3,525		3,539
	Hydro One Inc.	4.390%	9/26/41	CAD	5,115		4,547
	Hydro One Inc.	4.590%	10/9/43	CAD	5,500		5,062
	Hydro One Inc.	3.910%	2/23/46	CAD	3,200		2,717
	Hydro One Inc.	5.000%	10/19/46	CAD	2,000		1,988
	Hydro One Inc.	3.720%	11/18/47	CAD	1,441		1,196
	Hydro One Inc.	3.630%	6/25/49	CAD	9,120		7,503
	Hydro One Inc.	3.790%	7/31/62	CAD	2,000		1,712
	IGM Financial Inc.	4.560%	1/25/47	CAD	900		690
	IGM Financial Inc.	4.115%	12/9/47	CAD	6,085		4,380
	IGM Financial Inc.	4.206%	3/21/50	CAD	1,400		1,026
1	Industrial Alliance Insurance & Financial Services Inc.	3.300%	9/15/28	CAD	5,000		3,716
	InPower BC General Partnership	4.471%	3/31/33	CAD	4,560		3,737
	Intact Financial Corp.	3.770%	3/2/26	CAD	2,376		1,861
	Intact Financial Corp.	2.850%	6/7/27	CAD	375		280
	Intact Financial Corp.	6.400%	11/23/39	CAD	95		96
	Intact Financial Corp.	5.160%	6/16/42	CAD	2,980		2,677
	Integrated Team Solutions SJHC Partnership	5.946%	11/30/42	CAD	107		105
	Inter Pipeline Ltd.	3.776%	5/30/22	CAD	2,300		1,634

18 

Total International Bond Index Fund

					Face		Market
			Maturity		Amount		Value•
		Coupon	Date	Currency	(000	)	($000	)
	Inter Pipeline Ltd.	2.608%	9/13/23	CAD	1,920		1,304
	Inter Pipeline Ltd.	2.734%	4/18/24	CAD	2,740		1,843
	Inter Pipeline Ltd.	3.173%	3/24/25	CAD	1,656		1,119
	Inter Pipeline Ltd.	4.637%	5/30/44	CAD	2,535		1,532
	Ivanhoe Cambridge II Inc.	2.909%	6/27/23	CAD	2,546		1,905
	John Deere Canada Funding Inc.	2.700%	1/17/23	CAD	1,611		1,184
	Keyera Corp.	3.934%	6/21/28	CAD	10,000		7,243
	Kingston Solar LP	3.571%	7/31/35	CAD	25		19
	Laurentian Bank of Canada	3.450%	6/27/23	CAD	5,045		3,723
	Loblaw Cos. Ltd.	4.860%	9/12/23	CAD	2,000		1,578
	Loblaw Cos. Ltd.	4.488%	12/11/28	CAD	7,413		6,269
	Loblaw Cos. Ltd.	5.900%	1/18/36	CAD	2,500		2,317
1	Manufacturers Life Insurance Co.	3.181%	11/22/27	CAD	5,000		3,706
	Manulife Bank of Canada	2.844%	1/12/23	CAD	6,175		4,586
	Manulife Bank of Canada	2.378%	11/19/24	CAD	2,900		2,135
1	Manulife Finance Delaware LP	5.059%	12/15/41	CAD	3,790		3,102
1	Manulife Financial Corp.	3.049%	8/20/29	CAD	5,000		3,698
	McGill University	6.150%	9/22/42	CAD	60		68
	McGill University	3.975%	1/29/56	CAD	151		138
	Metro Inc.	3.390%	12/6/27	CAD	10,612		8,296
	Metro Inc.	5.970%	10/15/35	CAD	5,048		4,761
	Metro Inc.	4.270%	12/4/47	CAD	65		53
	Morguard Corp.	4.715%	1/25/24	CAD	2,781		2,028
	Mountain View Partners GP	3.974%	3/31/51	CAD	115		89
	National Bank of Canada	1.809%	7/26/21	CAD	5,000		3,618
	National Bank of Canada	1.957%	6/30/22	CAD	12,500		9,105
	National Bank of Canada	0.250%	7/24/23	EUR	2,000		2,206
	National Bank of Canada	2.545%	7/12/24	CAD	9,200		6,779
	National Bank of Canada	2.580%	2/3/25	CAD	6,700		4,951
	National Bank of Canada	0.750%	3/13/25	EUR	9,000		10,181
1	National Bank of Canada	3.183%	2/1/28	CAD	9,945		7,283
	NAV Canada	3.534%	2/23/46	CAD	1,000		806
	NAV Canada	3.293%	3/30/48	CAD	7,000		5,444
	North West Redwater Partnership / NWR Financing Co. Ltd.	3.200%	7/22/24	CAD	4,000		2,977
	North West Redwater Partnership / NWR Financing Co. Ltd.	2.800%	6/1/27	CAD	7,600		5,529
	North West Redwater Partnership / NWR Financing Co. Ltd.	4.250%	6/1/29	CAD	4,950		3,944
	North West Redwater Partnership / NWR Financing Co. Ltd.	4.150%	6/1/33	CAD	5,500		4,281
	North West Redwater Partnership / NWR Financing Co. Ltd.	4.750%	6/1/37	CAD	3,000		2,428
	North West Redwater Partnership / NWR Financing Co. Ltd.	4.350%	1/10/39	CAD	1,500		1,170
	North West Redwater Partnership / NWR Financing Co. Ltd.	3.700%	2/23/43	CAD	4,100		2,850
	North West Redwater Partnership / NWR Financing Co. Ltd.	4.050%	7/22/44	CAD	3,350		2,482
2	Northern Courier Pipeline LP	3.365%	6/30/42	CAD	3,559		2,744
	Northwestern Hydro Acquisition Co. II LP	3.877%	12/31/36	CAD	2,770		2,223
	Northwestern Hydro Acquisition Co. II LP	3.940%	12/31/38	CAD	3,321		2,718
	Nouvelle Autoroute 30 Financement Inc.	4.114%	3/31/42	CAD	5,722		4,632
	Nova Scotia Power Inc.	5.610%	6/15/40	CAD	4,300		4,224

19 

Total International Bond Index Fund

					Face		Market
			Maturity		Amount		Value•
		Coupon	Date	Currency	(000	)	($000	)
	Nova Scotia Power Inc.	4.500%	7/20/43	CAD	3,308		2,901
	Nova Scotia Power Inc.	3.571%	4/5/49	CAD	1,280		997
	OMERS Realty Corp.	3.358%	6/5/23	CAD	4,000		3,034
	OMERS Realty Corp.	2.858%	2/23/24	CAD	4,985		3,748
	OMERS Realty Corp.	3.328%	11/12/24	CAD	1,374		1,058
	OMERS Realty Corp.	3.331%	6/5/25	CAD	3,190		2,465
	OMERS Realty Corp.	3.628%	6/5/30	CAD	4,500		3,674
	Original Wempi Inc.	4.056%	2/13/24	CAD	2,244		1,627
	Original Wempi Inc.	4.309%	2/13/24	CAD	1,719		1,258
	Ottawa MacDonald-Cartier International Airport Authority	3.933%	6/9/45	CAD	775		597
	Pembina Pipeline Corp.	2.560%	6/1/23	CAD	4,050		2,906
	Pembina Pipeline Corp.	2.990%	1/22/24	CAD	8,000		5,805
	Pembina Pipeline Corp.	3.710%	8/11/26	CAD	4,850		3,601
	Pembina Pipeline Corp.	4.240%	6/15/27	CAD	3,000		2,282
	Pembina Pipeline Corp.	3.620%	4/3/29	CAD	3,000		2,174
	Pembina Pipeline Corp.	3.310%	2/1/30	CAD	7,400		5,190
	Pembina Pipeline Corp.	4.750%	4/30/43	CAD	3,000		2,140
	Pembina Pipeline Corp.	4.810%	3/25/44	CAD	5,550		3,993
	Pembina Pipeline Corp.	4.740%	1/21/47	CAD	700		498
	Pembina Pipeline Corp.	4.750%	3/26/48	CAD	1,280		912
	Pembina Pipeline Corp.	4.540%	4/3/49	CAD	5,600		3,860
	Penske Truck Leasing Canada Inc.	2.850%	12/7/22	CAD	1,550		1,109
	Plenary Properties LTAP LP	6.288%	1/31/44	CAD	6,221		6,380
	Power Financial Corp.	6.900%	3/11/33	CAD	1,254		1,172
	Reliance LP	3.750%	3/15/26	CAD	3,775		2,748
	RioCan REIT	3.746%	5/30/22	CAD	8,842		6,511
	RioCan REIT	2.576%	2/12/25	CAD	4,300		3,037
	Rogers Communications Inc.	4.000%	6/6/22	CAD	3,000		2,267
	Rogers Communications Inc.	4.000%	3/13/24	CAD	8,300		6,428
	Rogers Communications Inc.	3.650%	3/31/27	CAD	7,200		5,472
	Rogers Communications Inc.	3.250%	5/1/29	CAD	4,230		3,270
	Rogers Communications Inc.	6.680%	11/4/39	CAD	3,044		3,171
	Rogers Communications Inc.	6.110%	8/25/40	CAD	5,000		4,935
	Rogers Communications Inc.	6.560%	3/22/41	CAD	1,100		1,143
	Royal Bank of Canada	1.650%	7/15/21	CAD	37,000		26,722
	Royal Bank of Canada	1.583%	9/13/21	CAD	4,700		3,392
	Royal Bank of Canada	1.125%	12/22/21	GBP	9,300		11,786
	Royal Bank of Canada	1.968%	3/2/22	CAD	25,100		18,258
	Royal Bank of Canada	2.000%	3/21/22	CAD	4,455		3,243
	Royal Bank of Canada	2.360%	12/5/22	CAD	15,000		11,066
	Royal Bank of Canada	2.949%	5/1/23	CAD	10,000		7,525
	Royal Bank of Canada	0.250%	6/28/23	EUR	16,100		17,772
	Royal Bank of Canada	2.333%	12/5/23	CAD	8,370		6,223
	Royal Bank of Canada	0.250%	1/29/24	EUR	11,000		12,143
	Royal Bank of Canada	2.352%	7/2/24	CAD	13,800		10,111
	Royal Bank of Canada	0.125%	7/23/24	EUR	3,000		3,184
	Royal Bank of Canada	2.609%	11/1/24	CAD	15,225		11,272
	Royal Bank of Canada	1.375%	12/9/24	GBP	3,000		3,723
	Royal Bank of Canada	0.050%	6/19/26	EUR	17,000		18,542
1	Royal Bank of Canada	3.450%	9/29/26	CAD	10,000		7,326
	Royal Bank of Canada	2.328%	1/28/27	CAD	17,760		12,959
1	Royal Bank of Canada	2.740%	7/25/29	CAD	10,000		7,256
	Royal Office Finance LP	5.209%	11/12/32	CAD	6,633		6,116

20 

Total International Bond Index Fund

						Face			Market
			Maturity			Amount			Value•
		Coupon		Date	Currency		(000	)		($000	)
	Saputo Inc.	3.603%		8/14/25	CAD		7,107			5,430
1	Scotiabank Capital Trust	5.650%		12/31/56	CAD		3,946			3,204
	SEC LP and Arci Ltd.	5.188%		8/29/33	CAD		3,664			2,831
	Shaw Communications Inc.	4.350%		1/31/24	CAD		10,000			7,777
	Shaw Communications Inc.	4.400%		11/2/28	CAD		30			24
	Shaw Communications Inc.	6.750%		11/9/39	CAD		7,668			7,380
	Shaw Communications Inc.	4.250%		12/9/49	CAD		3,500			2,565
	SmartCentres REIT	2.757%		6/23/21	CAD		3,700			2,670
	SmartCentres REIT	3.834%		12/21/27	CAD		5,000			3,764
	SmartCentres REIT	3.526%		12/20/29	CAD		1,500			1,100
	SSL Finance Inc.	4.099%		10/31/45	CAD		3,067			2,556
	Sun Life Financial Inc.	4.570%		8/23/21	CAD		3,000			2,239
1	Sun Life Financial Inc.	3.050%		9/19/28	CAD		10,000			7,394
1	Sun Life Financial Inc.	5.400%		5/29/42	CAD		4,850			4,229
	Suncor Energy Inc.	3.000%		9/14/26	CAD		9,521			6,516
	Suncor Energy Inc.	5.390%		3/26/37	CAD		4,300			3,151
	Suncor Energy Inc.	4.340%		9/13/46	CAD		1,454			921
	TCHC Issuer Trust	5.395%		2/22/40	CAD		2,078			2,146
	TELUS Corp.	2.350%		3/28/22	CAD		4,800			3,501
	TELUS Corp.	3.350%		3/15/23	CAD		670			503
	TELUS Corp.	3.350%		4/1/24	CAD		10,700			8,106
	TELUS Corp.	3.750%		1/17/25	CAD		4,460			3,457
	TELUS Corp.	3.750%		3/10/26	CAD		6,894			5,407
	TELUS Corp.	3.625%		3/1/28	CAD		9,600			7,572
	TELUS Corp.	3.300%		5/2/29	CAD		7,570			5,855
	TELUS Corp.	4.400%		4/1/43	CAD		1,355			1,080
	TELUS Corp.	4.850%		4/5/44	CAD		9,250			7,858
	TELUS Corp.	4.750%		1/17/45	CAD		1,430			1,202
	TELUS Corp.	4.400%		1/29/46	CAD		250			201
	TELUS Corp.	4.700%		3/6/48	CAD		2,700			2,279
	TELUS Corp.	3.950%		2/16/50	CAD		4,000			3,000
	Teranet Holdings LP	5.754%		12/17/40	CAD		3,395			2,586
	Teranet Holdings LP	6.100%		6/17/41	CAD		400			313
	THP Partnership	4.394%		10/31/46	CAD		115			99
	TMX Group Ltd.	4.461%		10/3/23	CAD		5,705			4,399
	Toromont Industries Ltd.	3.842%		10/27/27	CAD		2,196			1,679
	Toronto-Dominion Bank	1.680%		6/8/21	CAD		17,100			12,370
	Toronto-Dominion Bank	1.000%		12/13/21	GBP		1,000			1,264
	Toronto-Dominion Bank	2.621%		12/22/21	CAD		7,250			5,327
	Toronto-Dominion Bank	1.994%		3/23/22	CAD		17,500			12,744
	Toronto-Dominion Bank	3.005%		5/30/23	CAD		15,000			11,325
	Toronto-Dominion Bank	1.909%		7/18/23	CAD		13,520			9,896
	Toronto-Dominion Bank	2.850%		3/8/24	CAD		5,500			4,102
	Toronto-Dominion Bank	0.500%		4/3/24	EUR		13,000			14,475
	Toronto-Dominion Bank	3.226%		7/24/24	CAD		12,567			9,702
	Toronto-Dominion Bank	2.496%		12/2/24	CAD		15,512			11,444
	Toronto-Dominion Bank	1.943%		3/13/25	CAD		7,800			5,540
	Toronto-Dominion Bank	0.100%		7/19/27	EUR		15,000			16,376
1	Toronto-Dominion Bank	3.589%		9/14/28	CAD		8,000			5,980
1	Toronto-Dominion Bank	3.224%		7/25/29	CAD		10,525			7,790
1	Toronto-Dominion Bank	4.859%		3/4/31	CAD		6,155			4,957
1	Toronto-Dominion Bank	3.060%		1/26/32	CAD		9,800			7,179
	Toyota Credit Canada Inc.	2.020%		2/28/22	CAD		10,000			7,215
	Toyota Credit Canada Inc.	3.040%		7/12/23	CAD		4,494			3,339

21 

Total International Bond Index Fund

					Face		Market
			Maturity		Amount		Value•
		Coupon	Date	Currency	(000	)	($000	)
	TransCanada PipeLines Ltd.	3.650%	11/15/21	CAD	5,000		3,683
	TransCanada PipeLines Ltd.	3.690%	7/19/23	CAD	5,240		3,935
	TransCanada PipeLines Ltd.	3.300%	7/17/25	CAD	1,727		1,298
	TransCanada PipeLines Ltd.	3.390%	3/15/28	CAD	3,000		2,232
	TransCanada PipeLines Ltd.	6.280%	5/26/28	CAD	4,514		3,928
	TransCanada PipeLines Ltd.	3.000%	9/18/29	CAD	3,800		2,730
	TransCanada PipeLines Ltd.	8.050%	2/17/39	CAD	90		97
	TransCanada PipeLines Ltd.	4.550%	11/15/41	CAD	7,000		5,355
	TransCanada PipeLines Ltd.	4.350%	6/6/46	CAD	4,000		2,994
	TransCanada PipeLines Ltd.	4.330%	9/16/47	CAD	5,000		3,733
	TransCanada PipeLines Ltd.	4.180%	7/3/48	CAD	3,247		2,366
	TransCanada PipeLines Ltd.	4.340%	10/15/49	CAD	7,025		5,275
	TransEd Partners GP	3.951%	9/30/50	CAD	1,858		1,377
	Trillium Health Partners Volunteers	3.702%	12/20/58	CAD	950		798
	Union Gas Ltd.	3.790%	7/10/23	CAD	29,995		22,994
	Union Gas Ltd.	4.880%	6/21/41	CAD	3,450		3,230
	Union Gas Ltd.	4.200%	6/2/44	CAD	2,400		2,098
	University of Ottawa	2.635%	2/13/60	CAD	480		331
	University of Toronto	5.841%	12/15/43	CAD	130		144
	University of Toronto	4.251%	12/7/51	CAD	2,500		2,360
	University of Western Ontario	4.798%	5/24/47	CAD	184		182
2	Vancouver Airport Authority	7.425%	12/7/26	CAD	15,000		14,577
	Vancouver Airport Authority	3.857%	11/10/45	CAD	905		754
	Veresen Inc.	3.430%	11/10/21	CAD	3,000		2,186
	Waste Management of Canada Corp.	2.600%	9/23/26	CAD	2,800		2,040
	Westcoast Energy Inc.	3.430%	9/12/24	CAD	6,700		5,027
	Westcoast Energy Inc.	3.770%	12/8/25	CAD	1,690		1,298
	Westcoast Energy Inc.	4.791%	10/28/41	CAD	2,214		1,768
	York University	6.480%	3/7/42	CAD	1,725		1,983
							1,917,024
Sovereign Bonds (4.3%)
	Canada	1.750%	5/1/21	CAD	125,921		91,758
	Canada	1.500%	8/1/21	CAD	64,247		46,837
	Canada	0.750%	9/1/21	CAD	76,950		55,612
	Canada	1.250%	11/1/21	CAD	130,338		94,956
	Canada	1.500%	2/1/22	CAD	29,504		21,633
	Canada	0.500%	3/1/22	CAD	124,706		89,927
	Canada	1.500%	5/1/22	CAD	58,602		43,104
	Canada	2.750%	6/1/22	CAD	9,003		6,798
	Canada	1.000%	9/1/22	CAD	383,622		280,197
	Canada	1.750%	3/1/23	CAD	49,905		37,329
	Canada	1.500%	6/1/23	CAD	29,582		22,043
	Canada	8.000%	6/1/23	CAD	1,100		976
	Canada	2.000%	9/1/23	CAD	42,150		31,951
	Canada	2.250%	3/1/24	CAD	62,046		47,773
	Canada	2.500%	6/1/24	CAD	43,508		33,963
	Canada	1.500%	9/1/24	CAD	302,380		227,686
	Canada	1.250%	3/1/25	CAD	58,585		43,835
	Canada	2.250%	6/1/25	CAD	8,125		6,390
	Canada	9.000%	6/1/25	CAD	12,000		12,352
	Canada	1.500%	6/1/26	CAD	7,216		5,527
	Canada	1.000%	6/1/27	CAD	24,566		18,340
	Canada	8.000%	6/1/27	CAD	7,000		7,669
	Canada	2.000%	6/1/28	CAD	64,513		52,006

22 

Total International Bond Index Fund

					Face		Market
			Maturity		Amount		Value•
		Coupon	Date	Currency	(000	)	($000	)
	Canada	2.250%	6/1/29	CAD	73,999		61,492
	Canada	5.750%	6/1/29	CAD	40,384		42,465
	Canada	5.750%	6/1/33	CAD	112,430		131,205
	Canada	5.000%	6/1/37	CAD	111,687		131,568
	Canada	4.000%	6/1/41	CAD	86,745		96,599
	Canada	3.500%	12/1/45	CAD	97,036		106,251
	Canada	2.750%	12/1/48	CAD	61,418		61,456
	Canada	2.000%	12/1/51	CAD	39,660		35,001
	Canada	2.750%	12/1/64	CAD	38,194		42,990
2	Canada Housing Trust No. 1	1.250%	6/15/21	CAD	57,000		41,369
2	Canada Housing Trust No. 1	3.800%	6/15/21	CAD	56,000		41,784
2	Canada Housing Trust No. 1	1.150%	12/15/21	CAD	53,854		39,147
2	Canada Housing Trust No. 1	1.500%	12/15/21	CAD	10,200		7,456
2	Canada Housing Trust No. 1	2.650%	3/15/22	CAD	49,605		37,105
2	Canada Housing Trust No. 1	1.750%	6/15/22	CAD	38,900		28,699
2	Canada Housing Trust No. 1	2.400%	12/15/22	CAD	84,040		63,276
2	Canada Housing Trust No. 1	2.350%	6/15/23	CAD	60,265		45,639
2	Canada Housing Trust No. 1	2.350%	9/15/23	CAD	13,940		10,581
2	Canada Housing Trust No. 1	3.150%	9/15/23	CAD	21,270		16,550
2	Canada Housing Trust No. 1	2.550%	12/15/23	CAD	55,795		42,777
2	Canada Housing Trust No. 1	2.900%	6/15/24	CAD	81,650		63,866
2	Canada Housing Trust No. 1	1.800%	12/15/24	CAD	43,790		32,946
2	Canada Housing Trust No. 1	2.550%	3/15/25	CAD	12,510		9,761
2	Canada Housing Trust No. 1	0.950%	6/15/25	CAD	50,000		36,227
2	Canada Housing Trust No. 1	1.950%	12/15/25	CAD	20,000		15,269
2	Canada Housing Trust No. 1	2.250%	12/15/25	CAD	5,225		4,050
2	Canada Housing Trust No. 1	1.900%	9/15/26	CAD	31,875		24,359
2	Canada Housing Trust No. 1	2.350%	6/15/27	CAD	18,500		14,589
2	Canada Housing Trust No. 1	2.350%	3/15/28	CAD	20,925		16,588
2	Canada Housing Trust No. 1	2.650%	3/15/28	CAD	77,305		62,731
2	Canada Housing Trust No. 1	2.650%	12/15/28	CAD	10,900		8,903
2	Canada Housing Trust No. 1	2.100%	9/15/29	CAD	37,850		29,814
2	Canada Housing Trust No. 1	1.750%	6/15/30	CAD	18,060		13,816
	Canada Post Corp.	4.080%	7/16/25	CAD	8,907		7,383
	Canada Post Corp.	4.360%	7/16/40	CAD	3,650		3,700
	City of Greater Sudbury	2.416%	3/12/50	CAD	870		604
	City of Montreal	3.500%	9/1/23	CAD	7,450		5,788
	City of Montreal	3.500%	9/1/24	CAD	10,000		7,896
	City of Montreal	3.000%	9/1/25	CAD	7,000		5,474
	City of Montreal	3.000%	9/1/27	CAD	5,000		3,943
	City of Montreal	3.150%	9/1/28	CAD	3,050		2,441
	City of Montreal	4.100%	12/1/34	CAD	3,195		2,823
	City of Montreal	3.150%	12/1/36	CAD	5,985		4,747
	City of Montreal	3.500%	12/1/38	CAD	6,000		4,996
	City of Montreal	6.000%	6/1/43	CAD	3,457		3,988
	City of Ottawa Ontario	4.600%	7/14/42	CAD	1,900		1,864
	City of Ottawa Ontario	3.250%	11/10/47	CAD	1,780		1,460
	City of Ottawa Ontario	3.100%	7/27/48	CAD	3,146		2,528
	City of Ottawa Ontario	4.200%	7/30/53	CAD	1,440		1,431
	City of Toronto	3.900%	9/29/23	CAD	4,732		3,737
	City of Toronto	2.450%	2/6/25	CAD	8,700		6,613
	City of Toronto	2.400%	6/7/27	CAD	5,071		3,876
	City of Toronto	2.950%	4/28/35	CAD	6,250		4,915
	City of Toronto	5.200%	6/1/40	CAD	1,220		1,244

23 

Total International Bond Index Fund          

						Face			Market
			Maturity			Amount			Value•
		Coupon		Date	Currency		(000	)		($000	)
	City of Toronto	4.700%		6/10/41	CAD		2,000			1,912
	City of Toronto	4.150%		3/10/44	CAD		4,930			4,539
	City of Toronto	3.250%		6/24/46	CAD		4,000			3,213
	City of Toronto	3.200%		8/1/48	CAD		1,820			1,465
	City of Toronto	2.800%		11/22/49	CAD		2,000			1,502
	City of Vancouver	3.700%		10/18/52	CAD		1,280			1,163
	City of Winnipeg	4.100%		6/1/45	CAD		1,000			871
	City of Winnipeg	4.300%		11/15/51	CAD		4,158			4,093
	Cordelio Amalco GP I	4.087%		6/30/34	CAD		4,277			3,423
	CPPIB Capital Inc.	0.375%		6/20/24	EUR		34,000			37,825
	CPPIB Capital Inc.	3.000%		6/15/28	CAD		7,970			6,451
	CPPIB Capital Inc.	1.950%		9/30/29	CAD		6,100			4,591
	CPPIB Capital Inc.	1.500%		3/4/33	EUR		15,250			19,063
	CPPIB Capital Inc.	0.750%		7/15/49	EUR		4,600			5,580
	ENMAX Corp.	3.836%		6/5/28	CAD		2,000			1,518
	ENMAX Corp.	3.876%		10/18/29	CAD		5,000			3,778
	Export Development Canada	2.400%		6/7/21	AUD		23,864			15,854
	Export Development Canada	1.800%		9/1/22	CAD		195			143
	Export Development Canada	2.700%		10/24/22	AUD		5,800			3,964
	Export Development Canada	2.800%		5/31/23	AUD		2,000			1,383
	Export Development Canada	1.375%		12/8/23	GBP		10,000			12,905
	Export Development Canada	1.650%		7/31/24	CAD		4,170			3,091
	Fair Hydro Trust	3.357%		5/15/33	CAD		7,125			5,945
	Financement-Quebec	5.250%		6/1/34	CAD		5,380			5,358
	First Nations Finance Authority	3.050%		6/1/28	CAD		1,035			848
	Hydro Ottawa Holding Inc.	3.991%		5/14/43	CAD		2,100			1,722
	Hydro-Quebec	10.500%		10/15/21	CAD		4,000			3,257
	Hydro-Quebec	9.625%		7/15/22	CAD		12,000			10,303
	Hydro-Quebec	6.000%		8/15/31	CAD		9,290			9,783
	Hydro-Quebec	6.500%		1/16/35	CAD		4,155			4,664
	Hydro-Quebec	6.500%		2/15/35	CAD		22,500			25,645
	Hydro-Quebec	6.000%		2/15/40	CAD		21,915			25,652
	Hydro-Quebec	5.000%		2/15/45	CAD		28,170			30,877
	Hydro-Quebec	5.000%		2/15/50	CAD		42,225			48,982
	Hydro-Quebec	4.000%		2/15/55	CAD		30,262			31,514
2,5	Labrador-Island Link Funding Trust	3.760%		6/1/33	CAD		8,447			7,739
2,5	Labrador-Island Link Funding Trust	3.860%		12/1/45	CAD		3,790			3,778
2,5	Labrador-Island Link Funding Trust	3.850%		12/1/53	CAD		4,423			4,632
	Lower Mattagami Energy LP	3.416%		6/20/24	CAD		2,000			1,545
	Lower Mattagami Energy LP	5.139%		5/18/41	CAD		5,000			4,895
	Lower Mattagami Energy LP	4.944%		9/21/43	CAD		697			680
5	Maritime Link Financing Trust	3.500%		12/1/52	CAD		7,362			6,148
	Municipal Finance Authority of British Columbia	4.150%		6/1/21	CAD		4,030			3,007
	Municipal Finance Authority of British Columbia	2.600%		4/23/23	CAD		1,848			1,397
	Municipal Finance Authority of British Columbia	2.800%		12/3/23	CAD		6,125			4,697
	Municipal Finance Authority of British Columbia	2.150%		6/3/24	CAD		5,390			4,056
	Municipal Finance Authority of British Columbia	2.950%		10/14/24	CAD		5,985			4,657
	Municipal Finance Authority of British Columbia	2.500%		4/19/26	CAD		1,850			1,419

24 

Total International Bond Index Fund          

						Face		Market
				Maturity		Amount		Value•
		Coupon		Date	Currency	(000	)	($000	)
	Municipal Finance Authority of British Columbia	3.050%		10/23/28	CAD	7,620		6,153
	Municipal Finance Authority of British Columbia	2.550%		10/9/29	CAD	1,195		935
2,5	Muskrat Falls / Labrador Transmission Assets Funding Trust	3.630%		6/1/29	CAD	5,300		4,601
2,5	Muskrat Falls / Labrador Transmission Assets Funding Trust	3.830%		6/1/37	CAD	2,295		2,157
2,5	Muskrat Falls / Labrador Transmission Assets Funding Trust	3.860%		12/1/48	CAD	7,271		7,348
	New Brunswick F-M Project Co. Inc.	6.470%		11/30/27	CAD	927		772
	Newfoundland & Labrador Hydro	6.650%		8/27/31	CAD	2,000		2,113
	Newfoundland & Labrador Hydro	3.600%		12/1/45	CAD	3,000		2,464
	OMERS Finance Trust	2.600%		5/14/29	CAD	3,000		2,306
2	OMERS Finance Trust	2.600%		5/14/29	CAD	3,000		2,306
	Ontario Electricity Financial Corp.	10.125%		10/15/21	CAD	2,500		2,041
	Ontario Electricity Financial Corp.	8.900%		8/18/22	CAD	10,250		8,723
	Ontario Electricity Financial Corp.	8.250%		6/22/26	CAD	14,033		14,222
	Ontario Infrastructure & Lands Corp.	4.700%		6/1/37	CAD	1,793		1,701
	Ontario Power Generation Inc.	3.838%		6/22/48	CAD	10,000		7,897
	Ontario School Boards Financing Corp.	5.483%		11/26/29	CAD	188		159
	OPB Finance Trust	2.950%		2/2/26	CAD	29,000		22,635
	OPB Finance Trust	2.980%		1/25/27	CAD	4,985		3,899
	Province of Alberta	1.350%		9/1/21	CAD	22,745		16,515
	Province of Alberta	1.000%		11/15/21	GBP	6,300		7,979
	Province of Alberta	1.600%		9/1/22	CAD	9,000		6,607
	Province of Alberta	2.550%		12/15/22	CAD	3,200		2,407
	Province of Alberta	2.650%		9/1/23	CAD	11,000		8,379
	Province of Alberta	3.400%	��	12/1/23	CAD	3,000		2,349
	Province of Alberta	3.100%		6/1/24	CAD	3,600		2,799
	Province of Alberta	0.625%		4/18/25	EUR	10,600		11,836
	Province of Alberta	2.350%		6/1/25	CAD	25,900		19,678
	Province of Alberta	0.625%		1/16/26	EUR	5,100		5,715
	Province of Alberta	2.200%		6/1/26	CAD	20,000		15,095
	Province of Alberta	3.100%		12/14/26	AUD	2,100		1,523
	Province of Alberta	2.550%		6/1/27	CAD	11,760		9,062
	Province of Alberta	3.600%		4/11/28	AUD	435		323
	Province of Alberta	2.900%		12/1/28	CAD	24,665		19,566
	Province of Alberta	2.900%		9/20/29	CAD	12,500		9,928
	Province of Alberta	2.050%		6/1/30	CAD	11,860		8,773
	Province of Alberta	3.500%		6/1/31	CAD	4,600		3,864
	Province of Alberta	3.900%		12/1/33	CAD	7,075		6,156
	Province of Alberta	4.500%		12/1/40	CAD	5,000		4,786
	Province of Alberta	3.450%		12/1/43	CAD	19,075		15,946
	Province of Alberta	3.300%		12/1/46	CAD	30,665		25,223
	Province of Alberta	3.050%		12/1/48	CAD	32,831		26,090
	Province of Alberta	3.100%		6/1/50	CAD	20,385		16,536
	Province of British Columbia	4.800%		6/15/21	CAD	94		71
	Province of British Columbia	3.250%		12/18/21	CAD	3,870		2,900
	Province of British Columbia	2.700%		12/18/22	CAD	8,402		6,358
	Province of British Columbia	3.300%		12/18/23	CAD	9,775		7,654
	Province of British Columbia	4.250%		11/27/24	AUD	2,300		1,713
	Province of British Columbia	2.850%		6/18/25	CAD	21,585		16,955
	Province of British Columbia	2.300%		6/18/26	CAD	15,000		11,554

25 

Total International Bond Index Fund          

				Face		Market
		Maturity		Amount		Value•
	Coupon	Date	Currency	(000	)	($000	)
Province of British Columbia	2.550%	6/18/27	CAD	7,360		5,771
Province of British Columbia	2.950%	12/18/28	CAD	24,932		20,270
Province of British Columbia	5.700%	6/18/29	CAD	13,575		13,389
Province of British Columbia	2.200%	6/18/30	CAD	10,075		7,778
Province of British Columbia	6.350%	6/18/31	CAD	15,000		16,152
Province of British Columbia	4.700%	6/18/37	CAD	6,960		6,974
Province of British Columbia	4.950%	6/18/40	CAD	12,500		13,216
Province of British Columbia	4.300%	6/18/42	CAD	22,805		22,692
Province of British Columbia	3.200%	6/18/44	CAD	24,535		21,046
Province of British Columbia	2.800%	6/18/48	CAD	24,466		19,983
Province of British Columbia	4.900%	6/18/48	CAD	3,000		3,390
Province of British Columbia	2.950%	6/18/50	CAD	15,413		13,094
Province of Manitoba	1.550%	9/5/21	CAD	5,000		3,640
Province of Manitoba	0.750%	12/15/21	GBP	6,300		7,945
Province of Manitoba	2.550%	6/2/23	CAD	15,005		11,385
Province of Manitoba	3.300%	6/2/24	CAD	3,000		2,360
Province of Manitoba	4.250%	3/3/25	AUD	1,000		747
Province of Manitoba	2.450%	6/2/25	CAD	6,935		5,319
Province of Manitoba	4.400%	9/5/25	CAD	6,800		5,727
Province of Manitoba	2.550%	6/2/26	CAD	19,000		14,736
Province of Manitoba	2.600%	6/2/27	CAD	15,200		11,866
Province of Manitoba	3.000%	6/2/28	CAD	45		36
Province of Manitoba	2.750%	6/2/29	CAD	14,240		11,312
Province of Manitoba	3.250%	9/5/29	CAD	2,270		1,874
Province of Manitoba	6.300%	3/5/31	CAD	955		1,004
Province of Manitoba	5.700%	3/5/37	CAD	3,000		3,208
Province of Manitoba	4.600%	3/5/38	CAD	5,675		5,498
Province of Manitoba	4.650%	3/5/40	CAD	4,000		3,963
Province of Manitoba	4.100%	3/5/41	CAD	5,000		4,607
Province of Manitoba	4.400%	3/5/42	CAD	6,500		6,287
Province of Manitoba	3.350%	3/5/43	CAD	2,000		1,677
Province of Manitoba	4.050%	9/5/45	CAD	6,995		6,568
Province of Manitoba	2.850%	9/5/46	CAD	10,320		8,033
Province of Manitoba	3.400%	9/5/48	CAD	15,049		13,028
Province of Manitoba	3.200%	3/5/50	CAD	7,965		6,737
Province of Manitoba	4.700%	3/5/50	CAD	1,635		1,747
Province of Manitoba	3.150%	9/5/52	CAD	2,750		2,296
Province of Manitoba	3.450%	3/5/63	CAD	3,597		3,348
Province of New Brunswick	1.550%	5/4/22	CAD	98		71
Province of New Brunswick	2.850%	6/2/23	CAD	10,000		7,632
Province of New Brunswick	3.650%	6/3/24	CAD	11,000		8,759
Province of New Brunswick	2.600%	8/14/26	CAD	10,000		7,779
Province of New Brunswick	2.350%	8/14/27	CAD	7,900		6,063
Province of New Brunswick	3.100%	8/14/28	CAD	55		45
Province of New Brunswick	5.500%	1/27/34	CAD	4,000		4,108
Province of New Brunswick	4.550%	3/26/37	CAD	7,000		6,640
Province of New Brunswick	4.800%	9/26/39	CAD	2,420		2,400
Province of New Brunswick	4.800%	6/3/41	CAD	2,990		2,999
Province of New Brunswick	3.550%	6/3/43	CAD	5,800		4,992
Province of New Brunswick	3.800%	8/14/45	CAD	5,355		4,808
Province of New Brunswick	3.100%	8/14/48	CAD	16,480		13,374
Province of New Brunswick	3.050%	8/14/50	CAD	6,360		5,199
Province of Newfoundland and Labrador	1.950%	6/2/22	CAD	7,500		5,520
Province of Newfoundland and Labrador	2.300%	6/2/25	CAD	5,000		3,771

26 

Total International Bond Index Fund          

					Face			Market
		Maturity			Amount			Value•
	Coupon		Date	Currency		(000	)		($000	)
Province of Newfoundland and Labrador	3.000%		6/2/26	CAD		10,000			7,798
Province of Newfoundland and Labrador	6.150%		4/17/28	CAD		1,000			948
Province of Newfoundland and Labrador	2.850%		6/2/28	CAD		15,000			11,656
Province of Newfoundland and Labrador	2.850%		6/2/29	CAD		1,700			1,326
Province of Newfoundland and Labrador	5.700%		10/17/35	CAD		1,000			1,010
Province of Newfoundland and Labrador	4.650%		10/17/40	CAD		3,570			3,307
Province of Newfoundland and Labrador	3.300%		10/17/46	CAD		15,205			11,872
Province of Newfoundland and Labrador	3.700%		10/17/48	CAD		10,904			9,172
Province of Newfoundland and Labrador	2.650%		10/17/50	CAD		1,620			1,127
Province of Nova Scotia	4.100%		6/1/21	CAD		7,980			5,951
Province of Nova Scotia	2.100%		6/1/27	CAD		16			12
Province of Nova Scotia	2.000%		9/1/30	CAD		3,300			2,491
Province of Nova Scotia	6.600%		12/1/31	CAD		45			49
Province of Nova Scotia	5.800%		6/1/33	CAD		2,000			2,076
Province of Nova Scotia	4.500%		6/1/37	CAD		5,000			4,811
Province of Nova Scotia	4.700%		6/1/41	CAD		5,000			5,032
Province of Nova Scotia	4.400%		6/1/42	CAD		6,000			5,886
Province of Nova Scotia	3.450%		6/1/45	CAD		3,000			2,609
Province of Nova Scotia	3.150%		12/1/51	CAD		7,900			6,780
Province of Nova Scotia	3.500%		6/2/62	CAD		8,420			7,946
Province of Ontario	4.000%		6/2/21	CAD		49,320			36,775
Province of Ontario	1.350%		3/8/22	CAD		32,500			23,677
Province of Ontario	3.150%		6/2/22	CAD		88,000			66,526
Province of Ontario	1.950%		1/27/23	CAD		8,400			6,243
Province of Ontario	2.850%		6/2/23	CAD		77,150			58,994
Province of Ontario	2.600%		9/8/23	CAD		24,250			18,504
Province of Ontario	7.500%		2/7/24	CAD		2,570			2,301
Province of Ontario	1.875%		5/21/24	EUR		5,000			5,885
Province of Ontario	3.500%		6/2/24	CAD		36,595			29,055
Province of Ontario	0.375%		6/14/24	EUR		24,200			26,917
Province of Ontario	4.250%		8/22/24	AUD		1,000			742
Province of Ontario	2.300%		9/8/24	CAD		20,600			15,688
Province of Ontario	0.875%		1/21/25	EUR		5,000			5,690
Province of Ontario	2.650%		2/5/25	CAD		33,100			25,681
Province of Ontario	2.600%		6/2/25	CAD		77,465			60,061
Province of Ontario	3.100%		8/26/25	AUD		2,000			1,430
Province of Ontario	2.400%		6/2/26	CAD		44,280			34,198
Province of Ontario	3.500%		1/27/27	AUD		1,000			732
Province of Ontario	1.850%		2/1/27	CAD		975			731
Province of Ontario	2.600%		6/2/27	CAD		74,500			58,524
Province of Ontario	7.600%		6/2/27	CAD		15,000			15,408
Province of Ontario	2.900%		6/2/28	CAD		66,932			53,954
Province of Ontario	6.500%		3/8/29	CAD		16,560			16,913
Province of Ontario	2.700%		6/2/29	CAD		32,047			25,663
Province of Ontario	2.050%		6/2/30	CAD		49,980			38,053
Province of Ontario	6.200%		6/2/31	CAD		13,000			13,872
Province of Ontario	5.850%		3/8/33	CAD		26,950			28,593
Province of Ontario	5.600%		6/2/35	CAD		39,000			41,520
Province of Ontario	4.700%		6/2/37	CAD		51,200			51,169
Province of Ontario	4.600%		6/2/39	CAD		56,300			56,442
Province of Ontario	4.650%		6/2/41	CAD		72,175			73,774
Province of Ontario	3.500%		6/2/43	CAD		63,350			56,310
Province of Ontario	3.450%		6/2/45	CAD		91,735			81,863
Province of Ontario	2.900%		12/2/46	CAD		73,274			60,034

27 

Total International Bond Index Fund          

					Face			Market
		Maturity			Amount			Value•
	Coupon		Date	Currency		(000	)		($000	)
Province of Ontario	2.800%		6/2/48	CAD		70,636			57,390
Province of Ontario	2.900%		6/2/49	CAD		79,651			66,246
Province of Ontario	2.650%		12/2/50	CAD		32,165			25,697
Province of Prince Edward Island	3.600%		1/17/53	CAD		2,994			2,669
Province of Quebec	4.250%		12/1/21	CAD		46,000			34,958
Province of Quebec	1.650%		3/3/22	CAD		2,900			2,124
Province of Quebec	0.875%		5/24/22	GBP		1,500			1,895
Province of Quebec	3.500%		12/1/22	CAD		36,220			27,908
Province of Quebec	9.375%		1/16/23	CAD		3,000			2,653
Province of Quebec	2.450%		3/1/23	CAD		2,000			1,510
Province of Quebec	2.250%		7/17/23	EUR		13,500			15,916
Province of Quebec	3.000%		9/1/23	CAD		34,960			27,010
Province of Quebec	2.375%		1/22/24	EUR		1,000			1,195
Province of Quebec	2.250%		2/22/24	CAD		5,200			3,942
Province of Quebec	3.750%		9/1/24	CAD		38,650			31,160
Province of Quebec	0.875%		1/15/25	EUR		11,300			12,908
Province of Quebec	4.200%		3/10/25	AUD		1,507			1,122
Province of Quebec	5.350%		6/1/25	CAD		5,000			4,346
Province of Quebec	2.600%		7/6/25	CAD		6,035			4,690
Province of Quebec	2.750%		9/1/25	CAD		28,480			22,348
Province of Quebec	8.500%		4/1/26	CAD		10,000			10,196
Province of Quebec	3.700%		5/20/26	AUD		700			519
Province of Quebec	2.500%		9/1/26	CAD		37,500			29,280
Province of Quebec	1.850%		2/13/27	CAD		925			697
Province of Quebec	0.875%		5/4/27	EUR		34,900			40,278
Province of Quebec	2.750%		9/1/27	CAD		42,178			33,562
Province of Quebec	0.875%		7/5/28	EUR		3,900			4,495
Province of Quebec	2.750%		9/1/28	CAD		45,640			36,595
Province of Quebec	2.300%		9/1/29	CAD		31,395			24,481
Province of Quebec	6.000%		10/1/29	CAD		15,000			15,125
Province of Quebec	1.900%		9/1/30	CAD		9,850			7,151
Province of Quebec	6.250%		6/1/32	CAD		21,570			23,356
Province of Quebec	5.750%		12/1/36	CAD		17,240			19,054
Province of Quebec	5.000%		12/1/38	CAD		21,900			22,898
Province of Quebec	5.000%		12/1/41	CAD		51,390			55,143
Province of Quebec	4.250%		12/1/43	CAD		44,425			44,114
Province of Quebec	3.500%		12/1/45	CAD		62,925			56,997
Province of Quebec	3.500%		12/1/48	CAD		63,251			58,612
Province of Quebec	3.100%		12/1/51	CAD		28,351			25,019
Province of Saskatchewan	3.200%		6/3/24	CAD		9,500			7,436
Province of Saskatchewan	2.550%		6/2/26	CAD		4,875			3,771
Province of Saskatchewan	2.650%		6/2/27	CAD		10,000			7,830
Province of Saskatchewan	3.050%		12/2/28	CAD		3,500			2,829
Province of Saskatchewan	5.750%		3/5/29	CAD		6,000			5,784
Province of Saskatchewan	2.200%		6/2/30	CAD		5,900			4,474
Province of Saskatchewan	5.000%		3/5/37	CAD		240			239
Province of Saskatchewan	4.750%		6/1/40	CAD		7,400			7,356
Province of Saskatchewan	3.400%		2/3/42	CAD		5,000			4,197
Province of Saskatchewan	3.900%		6/2/45	CAD		8,200			7,477
Province of Saskatchewan	2.750%		12/2/46	CAD		9,514			7,243
Province of Saskatchewan	3.300%		6/2/48	CAD		16,920			14,309
Province of Saskatchewan	3.100%		6/2/50	CAD		9,995			8,267
Province of Saskatchewan	3.750%		3/5/54	CAD		3,795			3,593
Province of Saskatchewan	2.950%		6/2/58	CAD		2,800			2,302

28 

Total International Bond Index Fund          

					Face		Market
			Maturity		Amount		Value•
		Coupon	Date	Currency	(000	)	($000	)
	PSP Capital Inc.	1.340%	8/18/21	CAD	9,600		6,969
	PSP Capital Inc.	1.730%	6/21/22	CAD	2,000		1,469
	PSP Capital Inc.	2.090%	11/22/23	CAD	4,000		3,005
	PSP Capital Inc.	3.290%	4/4/24	CAD	19,825		15,560
	PSP Capital Inc.	3.000%	11/5/25	CAD	6,170		4,895
	PSP Capital Inc.	2.050%	1/15/30	CAD	13,800		10,469
	Regional Municipality of Peel Ontario	5.100%	6/29/40	CAD	6,980		7,079
	Regional Municipality of York	2.600%	12/15/25	CAD	5,000		3,854
	Regional Municipality of York	2.500%	6/2/26	CAD	3,000		2,307
	Regional Municipality of York	2.350%	6/9/27	CAD	3		2
	Regional Municipality of York	4.000%	5/31/32	CAD	1,500		1,333
	Regional Municipality of York	3.650%	5/13/33	CAD	3,100		2,668
	Regional Municipality of York	4.050%	5/1/34	CAD	2,400		2,158
	South Coast British Columbia Transportation Authority	3.150%	11/16/48	CAD	9,394		7,546
	South Coast British Columbia Transportation Authority	2.650%	10/29/50	CAD	990		718
	Toronto Hydro Corp.	2.520%	8/25/26	CAD	5,500		4,176
	Toronto Hydro Corp.	2.430%	12/11/29	CAD	6,000		4,552
	Toronto Hydro Corp.	3.485%	2/28/48	CAD	4,500		3,652
	Toronto Hydro Corp.	2.990%	12/10/49	CAD	55		41
							6,156,204
Total Canada (Cost $8,219,308)							8,217,344
Chile (0.0%)
Sovereign Bonds (0.0%)
	Corp. Nacional del Cobre de Chile	2.250%	7/9/24	EUR	3,000		3,310
	Republic of Chile	1.750%	1/20/26	EUR	100		113
1	Republic of Chile	1.440%	2/1/29	EUR	2,500		2,748
1	Republic of Chile	0.830%	7/2/31	EUR	5,430		5,428
1	Republic of Chile	1.250%	1/29/40	EUR	9,600		8,979
Total Chile (Cost $23,880)							20,578
China (0.9%)
Sovereign Bonds (0.9%)
	Agricultural Development Bank of China	4.000%	11/12/25	CNH	339,900		52,066
	Agricultural Development Bank of China	3.630%	7/19/26	CNH	50,000		7,501
	Agricultural Development Bank of China	3.750%	1/25/29	CNH	375,200		56,363
	China Development Bank	0.500%	6/1/21	EUR	22,800		25,068
	China Development Bank	0.375%	11/16/21	EUR	21,900		24,080
	China Development Bank	3.030%	1/18/22	CNH	849,800		123,534
	China Development Bank	0.625%	12/12/22	EUR	3,400		3,727
	China Development Bank	0.875%	1/24/24	EUR	1,600		1,772
	China Development Bank	3.300%	2/1/24	CNH	299,900		44,477
	China Development Bank	3.680%	2/26/26	CNH	981,800		148,966
6	China Development Bank	3.500%	8/13/26	CNH	555,300		83,247
6	China Development Bank	3.430%	1/14/27	CNH	100,000		14,825
	China Development Bank	3.450%	9/20/29	CNH	50,000		7,415
	China Development Bank	4.010%	1/9/37	CNH	99,900		15,189
	China Government Bond	3.000%	10/18/20	CNH	859,700		123,022
	China Government Bond	3.220%	12/6/25	CNH	328,600		49,665
	China Government Bond	3.250%	6/6/26	CNH	742,800		112,145
	China Government Bond	3.120%	12/5/26	CNH	100,000		14,945
	China Government Bond	3.860%	7/22/49	CNH	385,200		60,418

29 

Total International Bond Index Fund          

						Face		Market
				Maturity		Amount		Value•
			Coupon	Date	Currency	(000	)	($000	)
6	China Government Bond		3.390%	3/16/50	CNH	50,000		7,143
	Export-Import Bank of China		0.750%	6/8/22	EUR	2,840		3,140
	Export-Import Bank of China		0.750%	5/28/23	EUR	33,200		36,440
	Export-Import Bank of China		3.280%	2/11/24	CNH	414,800		61,418
	Export-Import Bank of China		3.860%	5/20/29	CNH	50,000		7,562
	Industrial & Commercial Bank of China Ltd.		0.250%	4/25/22	EUR	4,611		5,000
	People’s Republic of China		3.290%	10/18/23	CNH	429,800		64,578
1	People’s Republic of China		0.500%	11/12/31	EUR	8,684		9,052
1	People’s Republic of China		1.000%	11/12/39	EUR	9,700		10,093
	People’s Republic of China		3.970%	7/23/48	CNH	250,000		39,833
	Sinopec Group Overseas Development 2015 Ltd.		1.000%	4/28/22	EUR	21,750		23,826
	State Grid Europe Development 2014 plc		2.450%	1/26/27	EUR	2,240		2,608
	State Grid Overseas Investment 2016 Ltd.		1.375%	5/2/25	EUR	7,000		7,758
	Syngenta Finance NV		1.875%	11/2/21	EUR	5,800		6,316
Total China (Cost $1,242,361)								1,253,192
Colombia (0.0%)
Sovereign Bonds (0.0%)
1	Republic of Colombia		3.875%	3/22/26	EUR	5,000		5,717
Total Colombia (Cost $6,383)								5,717
Croatia (0.0%)
Sovereign Bonds (0.0%)
	Republic of Croatia		3.000%	3/11/25	EUR	2,000		2,311
	Republic of Croatia		3.000%	3/20/27	EUR	7,000		8,195
	Republic of Croatia		2.700%	6/15/28	EUR	5,800		6,716
	Republic of Croatia		1.125%	6/19/29	EUR	7,000		7,111
	Republic of Croatia		2.750%	1/27/30	EUR	7,000		8,116
Total Croatia (Cost $36,153)								32,449
Cyprus (0.0%)
Sovereign Bonds (0.0%)
	Republic of Cyprus		2.750%	2/26/34	EUR	8,000		9,308
Total Cyprus (Cost $10,162)								9,308
Czech Republic (0.3%)
Corporate Bonds (0.1%)
	CPI Property Group SA		1.450%	4/14/22	EUR	5,100		5,486
	CPI Property Group SA		2.125%	10/4/24	EUR	4,400		4,659
	CPI Property Group SA		1.625%	4/23/27	EUR	15,000		14,834
	EP Infrastructure AS		1.698%	7/30/26	EUR	10,000		10,400
	EP Infrastructure AS		2.045%	10/9/28	EUR	5,000		5,080
								40,459
Sovereign Bonds (0.2%)
	CEZ AS		5.000%	10/19/21	EUR	2,000		2,317
	CEZ AS		4.875%	4/16/25	EUR	12,500		15,992
	CEZ AS		3.000%	6/5/28	EUR	12,500		14,966
	Czech Republic		3.750%	9/12/20	CZK	400,000		16,400
	Czech Republic	��	3.625%	4/14/21	EUR	13,155		14,881
	Czech Republic		3.850%	9/29/21	CZK	350,000		14,806
	Czech Republic		3.875%	5/24/22	EUR	9,950		11,739
	Czech Republic		4.700%	9/12/22	CZK	130,000		5,754
	Czech Republic		0.450%	10/25/23	CZK	469,910		18,794

30 

Total International Bond Index Fund          

					Face		Market
			Maturity		Amount		Value•
		Coupon	Date	Currency	(000	)	($000	)
	Czech Republic	5.700%	5/25/24	CZK	220,000		10,603
	Czech Republic	2.400%	9/17/25	CZK	250,000		10,797
	Czech Republic	1.000%	6/26/26	CZK	954,800		38,297
	Czech Republic	0.250%	2/10/27	CZK	325,000		12,364
	Czech Republic	2.500%	8/25/28	CZK	370,000		16,430
	Czech Republic	2.750%	7/23/29	CZK	688,340		31,350
	Czech Republic	0.950%	5/15/30	CZK	910,000		35,635
	Czech Republic	2.000%	10/13/33	CZK	320,000		13,803
	Czech Republic	4.200%	12/4/36	CZK	418,350		23,536
	Czech Republic	4.850%	11/26/57	CZK	91,000		5,932
							314,396
Total Czech Republic (Cost $372,974)							354,855
Denmark (0.8%)
Asset-Backed/Commercial Mortgage-Backed Securities (0.2%)
	Danske Bank A/S	1.250%	6/11/21	EUR	10,000		11,125
	Danske Bank A/S	3.750%	6/23/22	EUR	500		594
	DLR Kredit A/S	1.000%	10/1/22	DKK	200,000		30,230
	Jyske Realkredit A/S	0.250%	7/1/23	EUR	8,000		8,874
	Jyske Realkredit A/S	0.500%	10/1/26	EUR	22,180		25,133
	Nordea Kredit Realkreditaktieselskab	1.000%	10/1/21	DKK	200,000		29,912
	Nordea Kredit Realkreditaktieselskab	3.500%	10/1/44	DKK	516		82
	Nykredit Realkredit A/S	1.000%	7/1/21	DKK	285,000		42,414
	Nykredit Realkredit A/S	1.000%	1/1/22	DKK	348,000		51,888
	Nykredit Realkredit A/S	2.000%	10/1/47	DKK	77,507		11,753
							212,005
Corporate Bonds (0.2%)
	AP Moller - Maersk A/S	1.750%	3/16/26	EUR	4,600		4,880
	Carlsberg Breweries A/S	2.625%	11/15/22	EUR	120		138
	Carlsberg Breweries A/S	0.500%	9/6/23	EUR	500		546
	Carlsberg Breweries A/S	2.500%	5/28/24	EUR	17,000		19,879
	Carlsberg Breweries A/S	0.875%	7/1/29	EUR	10,000		10,860
1	Danica Pension Livsforsikrings AB	4.375%	9/29/45	EUR	3,400		3,934
	Danske Bank A/S	0.500%	5/6/21	EUR	8,600		9,423
	Danske Bank A/S	0.125%	2/14/22	EUR	21,670		23,867
	Danske Bank A/S	1.375%	5/24/22	EUR	5,000		5,485
	Danske Bank A/S	0.250%	11/28/22	EUR	16,700		18,202
	Danske Bank A/S	0.875%	5/22/23	EUR	23,600		25,460
	Danske Bank A/S	0.750%	6/2/23	EUR	16,100		17,794
	Danske Bank A/S	1.625%	3/15/24	EUR	3,000		3,310
1	Danske Bank A/S	2.750%	5/19/26	EUR	4,800		5,248
	Danske Bank A/S	0.750%	11/22/27	EUR	15,000		17,397
1	Danske Bank A/S	2.250%	1/14/28	GBP	6,500		7,904
1	Danske Bank A/S	1.375%	2/12/30	EUR	8,500		8,919
	ISS Global A/S	1.125%	1/7/21	EUR	14,752		16,121
	ISS Global A/S	2.125%	12/2/24	EUR	500		550
	ISS Global A/S	0.875%	6/18/26	EUR	200		199
	ISS Global A/S	1.500%	8/31/27	EUR	20,100		20,275
1	Jyske Bank A/S	2.250%	4/5/29	EUR	15,100		16,522
	Jyske Realkredit A/S	0.375%	4/1/25	EUR	7,000		7,840
	Nordea Kredit Realkreditaktieselskab	1.000%	10/1/22	DKK	137,000		20,773
	Nykredit Realkredit A/S	0.750%	7/14/21	EUR	300		329
	Nykredit Realkredit A/S	0.250%	1/20/23	EUR	3,000		3,209

31 

Total International Bond Index Fund          

					Face		Market
			Maturity		Amount		Value•
		Coupon	Date	Currency	(000	)	($000	)
	Nykredit Realkredit A/S	0.125%	7/10/24	EUR	12,000		12,446
1	Nykredit Realkredit A/S	2.750%	11/17/27	EUR	7,600		8,420
	Sydbank A/S	1.250%	2/4/22	EUR	10,000		10,858
	Sydbank A/S	1.375%	9/18/23	EUR	10,000		10,768
							311,556
Sovereign Bonds (0.4%)
	Kingdom of Denmark	3.000%	11/15/21	DKK	179,410		27,790
	Kingdom of Denmark	1.500%	11/15/23	DKK	242,545		38,280
	Kingdom of Denmark	7.000%	11/10/24	DKK	74,285		14,695
	Kingdom of Denmark	1.750%	11/15/25	DKK	177,300		29,397
	Kingdom of Denmark	0.500%	11/15/27	DKK	761,000		119,816
2	Kingdom of Denmark	0.500%	11/15/29	DKK	250,000		39,675
	Kingdom of Denmark	4.500%	11/15/39	DKK	747,830		208,608
	Kommunekredit	0.250%	3/29/23	EUR	1,000		1,113
	Kommunekredit	0.250%	5/15/23	EUR	600		668
	Kommunekredit	0.250%	2/16/24	EUR	2,000		2,232
	Kommunekredit	0.625%	5/11/26	EUR	4,400		5,056
	Kommunekredit	2.900%	11/27/26	AUD	4,178		2,977
	Kommunekredit	0.750%	5/18/27	EUR	25,578		29,838
	Orsted A/S	1.500%	11/26/29	EUR	20,589		24,443
	Orsted A/S	4.875%	1/12/32	GBP	14,162		23,738
	Orsted A/S	2.500%	5/16/33	GBP	100		137
	Orsted A/S	5.750%	4/9/40	GBP	1,000		2,056
1	Orsted A/S	6.250%	6/26/13	EUR	1,045		1,300
							571,819
Total Denmark (Cost $1,092,916)							1,095,380
Finland (0.7%)
Asset-Backed/Commercial Mortgage-Backed Securities (0.1%)
	Aktia Bank Oyj	0.250%	3/31/22	EUR	10,300		11,391
	Danske Bank Oyj	3.875%	6/21/21	EUR	2,000		2,291
	Nordea Mortgage Bank plc	0.250%	11/21/23	EUR	5,000		5,575
	Nordea Mortgage Bank plc	0.625%	3/17/27	EUR	23,000		26,439
	OP Mortgage Bank	0.625%	9/4/22	EUR	22,700		25,409
	OP Mortgage Bank	0.250%	3/13/24	EUR	30,000		33,433
	OP Mortgage Bank	1.000%	11/28/24	EUR	7,000		8,097
	OP Mortgage Bank	0.010%	11/19/26	EUR	10,000		11,069
							123,704
Corporate Bonds (0.1%)
	Aktia Bank Oyj	0.375%	3/5/26	EUR	10,000		11,258
	Citycon Oyj	3.750%	6/24/20	EUR	500		550
	Citycon Treasury BV	2.375%	1/15/27	EUR	10,000		9,309
	Elenia Finance Oyj	0.375%	2/6/27	EUR	10,000		10,667
	Nordea Bank AB	2.375%	6/2/22	GBP	7,000		8,933
	Nordea Bank AB	3.250%	7/5/22	EUR	5,400		6,291
	Nordea Bank AB	1.125%	2/12/25	EUR	200		227
	Nordea Mortgage Bank plc	0.025%	1/24/22	EUR	10,000		11,020
	Nordea Mortgage Bank plc	0.625%	10/19/22	EUR	300		336
	Nordea Mortgage Bank plc	0.250%	2/28/23	EUR	10,800		12,002
	Nordea Mortgage Bank plc	0.250%	3/18/26	EUR	6,400		7,177
	OP Corporate Bank plc	0.875%	6/21/21	EUR	8,000		8,829
	OP Corporate Bank plc	0.750%	3/3/22	EUR	1,000		1,104
	OP Corporate Bank plc	2.500%	5/20/22	GBP	7,700		9,914

32 

Total International Bond Index Fund          

					Face		Market
			Maturity		Amount		Value•
		Coupon	Date	Currency	(000	)	($000	)
	OP Corporate Bank plc	0.375%	8/29/23	EUR	6,000		6,592
	OP Corporate Bank plc	0.375%	2/26/24	EUR	6,800		7,463
	OP Corporate Bank plc	0.375%	6/19/24	EUR	8,000		8,553
	OP Corporate Bank plc	1.000%	5/22/25	EUR	10,000		11,266
	OP Corporate Bank plc	0.625%	11/12/29	EUR	13,000		13,423
	OP Mortgage Bank	0.050%	2/22/23	EUR	5,000		5,532
	OP Mortgage Bank	0.250%	5/11/23	EUR	6,745		7,494
	OP Mortgage Bank	0.625%	2/15/29	EUR	10,000		11,579
	Sampo Oyj	1.500%	9/16/21	EUR	5,800		6,454
	Sampo Oyj	1.000%	9/18/23	EUR	500		554
1	Sampo Oyj	3.375%	5/23/49	EUR	4,300		4,983
	Stora Enso Oyj	2.500%	6/7/27	EUR	4,500		4,905
	Stora Enso Oyj	2.500%	3/21/28	EUR	100		108
							186,523
Sovereign Bonds (0.5%)
7	Finnvera Oyj	0.625%	11/19/21	EUR	20,000		22,241
7	Finnvera Oyj	0.500%	4/13/26	EUR	6,500		7,436
	Finnvera Oyj	0.375%	4/9/29	EUR	15,000		17,182
	Fortum Oyj	4.000%	5/24/21	EUR	5,000		5,676
	Fortum Oyj	2.250%	9/6/22	EUR	9,500		10,797
	Fortum Oyj	2.125%	2/27/29	EUR	9,580		11,036
	Municipality Finance plc	5.000%	3/20/24	AUD	1,000		753
	Municipality Finance plc	0.625%	11/26/26	EUR	5,000		5,757
	Municipality Finance plc	1.250%	2/23/33	EUR	10,000		12,585
2	Republic of Finland	0.000%	4/15/22	EUR	26,000		28,835
2	Republic of Finland	1.625%	9/15/22	EUR	7,080		8,171
2	Republic of Finland	1.500%	4/15/23	EUR	35,140		40,899
2	Republic of Finland	0.000%	9/15/23	EUR	33,750		37,715
2	Republic of Finland	2.000%	4/15/24	EUR	29,000		35,055
2	Republic of Finland	4.000%	7/4/25	EUR	43,663		59,065
2	Republic of Finland	0.875%	9/15/25	EUR	10,500		12,321
2	Republic of Finland	0.500%	9/15/27	EUR	11,000		12,746
2	Republic of Finland	2.750%	7/4/28	EUR	11,353		15,517
2	Republic of Finland	0.500%	9/15/29	EUR	69,531		81,006
2	Republic of Finland	0.750%	4/15/31	EUR	64,492		77,386
2	Republic of Finland	1.125%	4/15/34	EUR	32,000		40,247
2	Republic of Finland	2.625%	7/4/42	EUR	34,215		57,643
2	Republic of Finland	1.375%	4/15/47	EUR	21,000		29,959
							630,028
Total Finland (Cost $936,704)							940,255
France (11.7%)
Asset-Backed/Commercial Mortgage-Backed Securities (0.7%)
	Arkea Home Loans SFH SA	2.375%	7/11/23	EUR	6,000		7,106
	Arkea Home Loans SFH SA	1.500%	6/1/33	EUR	10,000		12,708
	BNP Paribas Home Loan SFH	0.250%	9/2/21	EUR	10,500		11,563
	BNP Paribas Home Loan SFH	3.125%	3/22/22	EUR	7,000		8,143
	BNP Paribas Home Loan SFH	0.875%	11/14/24	EUR	5,000		5,722
	BPCE SFH SA	3.750%	9/13/21	EUR	6,300		7,267
	BPCE SFH SA	4.000%	3/23/22	EUR	20,000		23,620
	BPCE SFH SA	2.375%	11/29/23	EUR	5,000		5,975
	BPCE SFH SA	1.750%	6/27/24	EUR	20,000		23,621
	BPCE SFH SA	1.000%	2/24/25	EUR	13,500		15,558
	BPCE SFH SA	0.398%	4/24/25	EUR	20,000		22,454

33 

Total International Bond Index Fund

					Face			Market
		Maturity			Amount			Value•
	Coupon		Date	Currency		(000	)		($000	)
Caisse de Refinancement de l’Habitat SA	3.600%		9/13/21	EUR		2,000			2,303
Caisse de Refinancement de l’Habitat SA	4.000%		6/17/22	EUR		19,870			23,696
Caisse de Refinancement de l’Habitat SA	3.300%		9/23/22	EUR		9,500			11,270
Caisse de Refinancement de l’Habitat SA	4.300%		2/24/23	EUR		7,000			8,634
Caisse de Refinancement de l’Habitat SA	3.900%		10/20/23	EUR		5,000			6,241
Caisse de Refinancement de l’Habitat SA	3.600%		3/8/24	EUR		11,600			14,528
Caisse de Refinancement de l’Habitat SA	2.400%		1/17/25	EUR		1,120			1,371
Caisse de Refinancement de l’Habitat SA	0.010%		10/8/29	EUR		21,000			22,844
Caisse Francaise de Financement Local	4.250%		1/26/22	EUR		3,000			3,539
Caisse Francaise de Financement Local	0.625%		1/26/23	EUR		19,000			21,278
Caisse Francaise de Financement Local	0.200%		4/27/23	EUR		15,600			17,282
Caisse Francaise de Financement Local	2.375%		1/17/24	EUR		12,000			14,385
Caisse Francaise de Financement Local	0.375%		5/11/24	EUR		20,000			22,395
Caisse Francaise de Financement Local	5.375%		7/8/24	EUR		4,000			5,397
Caisse Francaise de Financement Local	0.375%		6/23/25	EUR		23,100			25,926
Caisse Francaise de Financement Local	1.125%		9/9/25	EUR		3,400			3,966
Caisse Francaise de Financement Local	0.750%		9/27/27	EUR		10,000			11,566
Caisse Francaise de Financement Local	1.000%		4/25/28	EUR		200			236
Caisse Francaise de Financement Local	3.000%		10/2/28	EUR		9,500			13,004
Caisse Francaise de Financement Local	1.250%		1/22/35	EUR		500			623
Caisse Francaise de Financement Local	1.500%		6/28/38	EUR		5,000			6,610
Cie de Financement Foncier SA	4.875%		5/25/21	EUR		16,544			19,074
Cie de Financement Foncier SA	5.750%		10/4/21	EUR		500			593
Cie de Financement Foncier SA	2.250%		10/13/21	CHF		3,000			3,212
Cie de Financement Foncier SA	0.625%		11/12/21	EUR		32,000			35,470
Cie de Financement Foncier SA	4.250%		1/19/22	EUR		1,000			1,178
Cie de Financement Foncier SA	0.250%		3/16/22	EUR		16,000			17,652
Cie de Financement Foncier SA	0.200%		9/16/22	EUR		13,600			15,013
Cie de Financement Foncier SA	2.375%		11/21/22	EUR		5,800			6,761
Cie de Financement Foncier SA	0.625%		2/10/23	EUR		12,000			13,422
Cie de Financement Foncier SA	0.250%		4/11/23	EUR		200			221
Cie de Financement Foncier SA	0.325%		9/12/23	EUR		14,000			15,561
Cie de Financement Foncier SA	2.000%		5/7/24	EUR		14,300			16,975
Cie de Financement Foncier SA	0.500%		9/4/24	EUR		10,000			11,240
Cie de Financement Foncier SA	0.750%		1/21/25	EUR		7,000			7,969
Cie de Financement Foncier SA	4.000%		10/24/25	EUR		25,300			33,869
Cie de Financement Foncier SA	1.000%		2/2/26	EUR		100			116
Cie de Financement Foncier SA	0.225%		9/14/26	EUR		5,600			6,218
Cie de Financement Foncier SA	5.500%		1/26/27	GBP		2,350			3,834
Cie de Financement Foncier SA	3.875%		4/25/55	EUR		4,000			9,221
Credit Agricole Home Loan SFH SA	4.000%		1/17/22	EUR		5,000			5,869
Credit Agricole Home Loan SFH SA	4.000%		7/16/25	EUR		2,000			2,657
Credit Agricole Home Loan SFH SA	1.250%		3/24/31	EUR		18,000			22,061
Credit Agricole Home Loan SFH SA	0.375%		10/21/21	EUR		10,000			11,052
Credit Agricole Home Loan SFH SA	0.050%		8/29/22	EUR		1,000			1,100
Credit Agricole Home Loan SFH SA	0.625%		9/11/23	EUR		3,000			3,371
Credit Agricole Home Loan SFH SA	0.375%		9/30/24	EUR		5,100			5,701
Credit Agricole Home Loan SFH SA	0.500%		4/3/25	EUR		5,000			5,630
Credit Agricole Home Loan SFH SA	0.500%		2/19/26	EUR		1,500			1,694
Credit Agricole Home Loan SFH SA	0.750%		5/5/27	EUR		36,000			41,475
Credit Agricole Home Loan SFH SA	0.875%		8/11/28	EUR		15,000			17,581
Credit Agricole Home Loan SFH SA	1.000%		1/16/29	EUR		15,000			17,745
Credit Agricole Home Loan SFH SA	0.050%		12/6/29	EUR		10,000			10,893
Credit Agricole Home Loan SFH SA	1.375%		2/3/32	EUR		4,500			5,600

34 

Total International Bond Index Fund

					Face		Market
			Maturity		Amount		Value•
		Coupon	Date	Currency	(000	)	($000	)
	Credit Agricole Home Loan SFH SA	0.875%	5/6/34	EUR	15,000		17,784
	Credit Agricole Home Loan SFH SA	1.500%	9/28/38	EUR	5,000		6,593
	Credit Agricole Public Sector SCF SA	1.875%	6/7/23	EUR	10,200		11,874
	Credit Agricole Public Sector SCF SA	0.250%	10/31/26	EUR	2,550		2,834
	Credit Agricole Public Sector SCF SA	0.875%	8/2/27	EUR	700		813
	Credit Mutuel - CIC Home Loan SFH SA	0.500%	1/21/22	EUR	10,000		11,078
	Credit Mutuel - CIC Home Loan SFH SA	0.375%	9/12/22	EUR	4,000		4,437
	Credit Mutuel - CIC Home Loan SFH SA	4.125%	1/16/23	EUR	6,100		7,453
	Credit Mutuel - CIC Home Loan SFH SA	2.500%	9/11/23	EUR	3,000		3,579
	Credit Mutuel - CIC Home Loan SFH SA	4.125%	1/19/24	EUR	6,000		7,617
	Credit Mutuel - CIC Home Loan SFH SA	0.250%	4/30/24	EUR	10,000		11,110
	Credit Mutuel - CIC Home Loan SFH SA	0.625%	2/10/25	EUR	2,200		2,493
	Credit Mutuel - CIC Home Loan SFH SA	0.625%	2/2/26	EUR	5,000		5,695
	Credit Mutuel - CIC Home Loan SFH SA	0.875%	4/7/26	EUR	800		925
	Credit Mutuel - CIC Home Loan SFH SA	0.750%	9/15/27	EUR	8,600		9,942
	Credit Mutuel - CIC Home Loan SFH SA	1.000%	1/30/29	EUR	5,700		6,728
	HSBC SFH France SA	0.375%	3/11/22	EUR	5,000		5,534
	HSBC SFH France SA	2.000%	10/16/23	EUR	2,500		2,947
	La Banque Postale Home Loan SFH SA	0.175%	4/22/22	EUR	5,000		5,516
	La Banque Postale Home Loan SFH SA	2.375%	1/15/24	EUR	4,800		5,750
	La Banque Postale Home Loan SFH SA	0.625%	6/23/27	EUR	12,500		14,301
	La Banque Postale Home Loan SFH SA	0.875%	2/7/28	EUR	9,000		10,518
	La Banque Postale Home Loan SFH SA	1.000%	10/4/28	EUR	5,000		5,919
	Societe Generale SCF SA	4.250%	2/3/23	EUR	4,600		5,652
	Societe Generale SFH SA	4.000%	1/18/22	EUR	2,000		2,348
	Societe Generale SFH SA	2.000%	4/29/24	EUR	13,400		15,945
	Societe Generale SFH SA	0.750%	1/19/28	EUR	10,000		11,594
							947,838
Corporate Bonds (2.2%)
	Accor SA	2.375%	9/17/23	EUR	2,300		2,491
	Air Liquide Finance SA	2.125%	10/15/21	EUR	5,300		5,965
	Air Liquide Finance SA	0.500%	6/13/22	EUR	1,400		1,542
	Air Liquide Finance SA	1.250%	6/3/25	EUR	5,600		6,474
	Air Liquide Finance SA	1.000%	3/8/27	EUR	100		116
	Air Liquide Finance SA	1.250%	6/13/28	EUR	1,000		1,185
	Air Liquide SA	2.375%	9/6/23	EUR	2,300		2,709
	Airbus Finance BV	2.375%	4/2/24	EUR	9,300		10,724
	Airbus Finance BV	0.875%	5/13/26	EUR	5,800		6,292
	Airbus Finance BV	2.125%	10/29/29	EUR	700		831
	Airbus Finance BV	1.375%	5/13/31	EUR	19,235		21,372
	Alstom SA	0.250%	10/14/26	EUR	10,000		10,391
	Altarea SCA	2.250%	7/5/24	EUR	10,000		11,253
	APRR SA	1.500%	1/15/24	EUR	600		677
	APRR SA	1.875%	1/15/25	EUR	2,400		2,775
	APRR SA	1.125%	1/9/26	EUR	10,700		12,028
	APRR SA	1.250%	1/6/27	EUR	10,800		12,211
	APRR SA	1.250%	1/18/28	EUR	1,200		1,353
	APRR SA	1.500%	1/25/30	EUR	600		693
	APRR SA	1.875%	1/6/31	EUR	200		237
	APRR SA	1.625%	1/13/32	EUR	9,400		10,852
	APRR SA	1.500%	1/17/33	EUR	300		344
	Arkea Home Loans SFH SA	0.375%	3/4/24	EUR	1,000		1,114
	Arkea Home Loans SFH SA	0.750%	10/5/27	EUR	100		115
	Arkema SA	1.500%	1/20/25	EUR	400		453

35 

Total International Bond Index Fund

					Face		Market
			Maturity		Amount		Value•
		Coupon	Date	Currency	(000	)	($000	)
	Arkema SA	1.500%	4/20/27	EUR	17,600		19,961
	Atos SE	1.750%	5/7/25	EUR	8,600		9,873
	Auchan Holding SADIR	0.625%	2/7/22	EUR	100		108
	Auchan Holding SADIR	2.375%	12/12/22	EUR	2,000		2,222
	Auchan Holding SADIR	2.375%	4/25/25	EUR	8,200		9,052
	Autoroutes du Sud de la France SA	5.625%	7/4/22	EUR	100		121
	Autoroutes du Sud de la France SA	2.875%	1/18/23	EUR	3,400		3,965
	Autoroutes du Sud de la France SA	2.950%	1/17/24	EUR	5,200		6,178
	Autoroutes du Sud de la France SA	1.125%	4/20/26	EUR	1,400		1,577
	Autoroutes du Sud de la France SA	1.000%	5/13/26	EUR	10,700		11,948
	Autoroutes du Sud de la France SA	1.250%	1/18/27	EUR	400		454
	Autoroutes du Sud de la France SA	1.375%	2/21/31	EUR	8,000		9,109
	AXA Bank Europe SCF	0.125%	3/14/22	EUR	1,000		1,101
	AXA Bank Europe SCF	0.375%	3/23/23	EUR	6,000		6,673
	AXA Bank Europe SCF	1.375%	4/18/33	EUR	15,600		19,665
	AXA Home Loan SFH SA	0.010%	10/16/29	EUR	10,000		10,873
	AXA SA	1.125%	5/15/28	EUR	700		824
1	AXA SA	5.125%	7/4/43	EUR	2,240		2,746
1	AXA SA	3.375%	7/6/47	EUR	23,950		29,062
1	AXA SA	3.250%	5/28/49	EUR	9,900		11,957
1	AXA SA	6.686%	7/29/49	GBP	1,800		2,623
1	AXA SA	3.941%	11/29/49	EUR	1,930		2,285
1	AXA SA	5.453%	12/31/49	GBP	6,150		8,418
1	AXA SA	5.625%	1/16/54	GBP	3,970		6,005
	Banque Federative du Credit Mutuel SA	0.375%	1/13/22	EUR	2,000		2,191
	Banque Federative du Credit Mutuel SA	3.250%	8/23/22	EUR	6,300		7,360
	Banque Federative du Credit Mutuel SA	0.500%	11/16/22	EUR	17,000		18,698
	Banque Federative du Credit Mutuel SA	0.750%	6/15/23	EUR	67,900		75,231
	Banque Federative du Credit Mutuel SA	0.443%	10/12/23	JPY	1,400,000		13,033
	Banque Federative du Credit Mutuel SA	3.000%	11/28/23	EUR	8,200		9,816
	Banque Federative du Credit Mutuel SA	2.250%	12/18/23	GBP	6,500		8,328
	Banque Federative du Credit Mutuel SA	2.625%	3/18/24	EUR	10,000		11,864
	Banque Federative du Credit Mutuel SA	3.000%	5/21/24	EUR	18,824		21,767
	Banque Federative du Credit Mutuel SA	0.250%	10/10/24	JPY	1,800,000		16,798
	Banque Federative du Credit Mutuel SA	0.384%	10/11/24	JPY	200,000		1,847
	Banque Federative du Credit Mutuel SA	1.750%	12/19/24	GBP	5,100		6,404
	Banque Federative du Credit Mutuel SA	1.250%	1/14/25	EUR	44,800		50,899
	Banque Federative du Credit Mutuel SA	0.750%	7/17/25	EUR	5,200		5,776
	Banque Federative du Credit Mutuel SA	3.000%	9/11/25	EUR	5,000		5,864
	Banque Federative du Credit Mutuel SA	1.625%	1/19/26	EUR	500		583
	Banque Federative du Credit Mutuel SA	2.375%	3/24/26	EUR	21,200		24,050
	Banque Federative du Credit Mutuel SA	0.750%	6/8/26	EUR	16,800		18,678
	Banque Federative du Credit Mutuel SA	1.500%	10/7/26	GBP	100		123
	Banque Federative du Credit Mutuel SA	1.875%	11/4/26	EUR	5,600		6,176
	Banque Federative du Credit Mutuel SA	2.625%	3/31/27	EUR	1,100		1,276
	Banque Federative du Credit Mutuel SA	1.625%	11/15/27	EUR	4,800		5,264
	Banque Federative du Credit Mutuel SA	2.500%	5/25/28	EUR	5,000		5,849
1	BNP Paribas Cardif SA	4.032%	11/29/49	EUR	1,200		1,379
	BNP Paribas SA	4.125%	1/14/22	EUR	200		232
	BNP Paribas SA	0.500%	6/1/22	EUR	5,000		5,496
	BNP Paribas SA	1.125%	8/16/22	GBP	4,000		5,009
	BNP Paribas SA	2.875%	10/24/22	EUR	5,000		5,813
	BNP Paribas SA	1.125%	1/15/23	EUR	1,100		1,232
	BNP Paribas SA	4.500%	3/21/23	EUR	160		196

36 

Total International Bond Index Fund

					Face		Market
			Maturity		Amount		Value•
		Coupon	Date	Currency	(000	)	($000	)
	BNP Paribas SA	2.875%	9/26/23	EUR	5,550		6,602
	BNP Paribas SA	1.125%	10/10/23	EUR	11,800		13,084
	BNP Paribas SA	1.125%	11/22/23	EUR	500		554
	BNP Paribas SA	2.375%	5/20/24	EUR	8,500		10,073
	BNP Paribas SA	1.000%	6/27/24	EUR	5,000		5,522
	BNP Paribas SA	2.375%	2/17/25	EUR	5,000		5,746
	BNP Paribas SA	1.250%	3/19/25	EUR	10,000		11,137
1	BNP Paribas SA	0.500%	7/15/25	EUR	4,000		4,294
	BNP Paribas SA	1.500%	11/17/25	EUR	20,500		23,158
	BNP Paribas SA	3.375%	1/23/26	GBP	1,700		2,274
	BNP Paribas SA	1.125%	6/11/26	EUR	37,000		40,808
	BNP Paribas SA	0.125%	9/4/26	EUR	1,800		1,868
	BNP Paribas SA	2.875%	10/1/26	EUR	4,800		5,734
	BNP Paribas SA	2.125%	1/23/27	EUR	20,000		23,226
1	BNP Paribas SA	2.625%	10/14/27	EUR	4,100		4,552
	BNP Paribas SA	1.875%	12/14/27	GBP	6,000		7,267
	Bouygues SA	4.500%	2/9/22	EUR	18,500		21,749
	Bouygues SA	3.625%	1/16/23	EUR	2,500		2,979
	Bouygues SA	5.500%	10/6/26	GBP	6,100		9,486
	Bouygues SA	1.375%	6/7/27	EUR	3,700		4,281
	BPCE SA	0.640%	1/27/22	JPY	1,700,000		15,970
	BPCE SA	1.125%	1/18/23	EUR	3,800		4,191
	BPCE SA	4.250%	2/6/23	EUR	100		121
	BPCE SA	0.375%	10/5/23	EUR	14,100		15,435
	BPCE SA	2.875%	1/16/24	EUR	13,500		15,998
	BPCE SA	0.875%	1/31/24	EUR	14,200		15,533
	BPCE SA	1.000%	7/15/24	EUR	8,500		9,527
	BPCE SA	3.000%	7/19/24	EUR	8,600		10,419
	BPCE SA	0.625%	9/26/24	EUR	24,500		26,437
	BPCE SA	1.000%	4/1/25	EUR	15,000		16,398
	BPCE SA	0.250%	1/15/26	EUR	700		753
1	BPCE SA	2.750%	7/8/26	EUR	4,000		4,418
	BPCE SA	1.375%	12/23/26	GBP	2,600		3,170
1	BPCE SA	2.750%	11/30/27	EUR	5,100		5,710
	BPCE SA	4.500%	4/26/28	AUD	1,300		895
	BPCE SA	1.000%	10/5/28	EUR	10,000		11,300
	BPCE SA	5.250%	4/16/29	GBP	3,000		4,493
	BPCE SA	0.625%	1/15/30	EUR	14,000		15,173
	BPCE SFH SA	0.375%	2/10/23	EUR	5,100		5,669
	BPCE SFH SA	0.375%	2/21/24	EUR	12,700		14,180
	BPCE SFH SA	0.750%	9/2/25	EUR	10,000		11,426
	BPCE SFH SA	0.625%	9/22/27	EUR	5,000		5,739
	BPCE SFH SA	0.875%	4/13/28	EUR	12,100		14,158
	BPCE SFH SA	1.000%	6/8/29	EUR	4,600		5,459
	Caisse Francaise de Financement Local	0.500%	4/13/22	EUR	5,000		5,553
	Caisse Francaise de Financement Local	0.500%	1/19/26	EUR	1,500		1,697
	Caisse Francaise de Financement Local	0.625%	4/13/26	EUR	6,000		6,842
	Caisse Francaise de Financement Local	0.750%	1/11/27	EUR	4,000		4,612
	Caisse Francaise de Financement Local	1.500%	1/13/31	EUR	10,000		12,533
	Caisse Francaise de Financement Local	1.250%	5/11/32	EUR	19,000		23,331
	Caisse Francaise de Financement Local	1.450%	1/16/34	EUR	5,000		6,356
	Caisse Nationale de Reassurance Mutuelle Agricole Groupama	6.000%	1/23/27	EUR	5,100		6,668

37 

Total International Bond Index Fund

					Face		Market
			Maturity		Amount		Value•
		Coupon	Date	Currency	(000	)	($000	)
	Caisse Nationale de Reassurance Mutuelle Agricole Groupama	3.375%	9/24/28	EUR	7,500		8,290
	Capgemini SE	0.500%	11/9/21	EUR	200		218
	Capgemini SE	2.500%	7/1/23	EUR	6,000		6,884
	Capgemini SE	1.000%	10/18/24	EUR	300		329
	Capgemini SE	1.750%	4/18/28	EUR	9,300		10,655
	Carmila SA	2.375%	9/16/24	EUR	4,100		4,441
	Carmila SA	2.125%	3/7/28	EUR	1,500		1,577
	Carrefour SA	0.875%	6/12/23	EUR	200		221
	Carrefour SA	0.750%	4/26/24	EUR	9,100		9,990
	Carrefour SA	1.250%	6/3/25	EUR	16,103		18,132
	Carrefour SA	1.750%	5/4/26	EUR	1,000		1,151
	Cie de Financement Foncier SA	0.375%	12/11/24	EUR	1,500		1,678
	Cie de Financement Foncier SA	0.750%	5/29/26	EUR	2,100		2,408
	Cie de Financement Foncier SA	0.375%	4/9/27	EUR	5,000		5,615
	Cie de Financement Foncier SA	0.010%	11/10/27	EUR	10,000		10,923
	Cie de Financement Foncier SA	0.750%	1/11/28	EUR	11,000		12,717
	Cie de Financement Foncier SA	0.875%	9/11/28	EUR	18,600		21,769
	Cie de Saint-Gobain	1.000%	3/17/25	EUR	900		979
	Cie de Saint-Gobain	1.875%	9/21/28	EUR	100		112
	Cie de Saint-Gobain	1.875%	3/15/31	EUR	11,500		12,612
	Cie Financiere et Industrielle des Autoroutes SA	0.375%	2/7/25	EUR	7,700		8,376
	Cie Generale des Etablissements Michelin SCA	2.500%	9/3/38	EUR	5,100		6,607
1	CNP Assurances	4.500%	6/10/47	EUR	7,600		9,570
	Compagnie De St. Gobain SA	3.625%	3/28/22	EUR	4,900		5,645
	Compagnie Financiere et Industrielle des Autoroutes SA	5.000%	5/24/21	EUR	17,400		19,891
	Covivio	1.875%	5/20/26	EUR	300		331
1	Credit Agricole Assurances SA	4.750%	9/27/48	EUR	2,600		3,307
1	Credit Agricole Assurances SA	4.250%	12/31/49	EUR	2,600		3,057
	Credit Agricole Public Sector SCF SA	0.500%	10/10/25	EUR	21,600		24,434
	Credit Agricole Public Sector SCF SA	0.010%	9/13/28	EUR	10,000		10,852
	Credit Agricole Public Sector SCF SA	0.625%	3/29/29	EUR	14,000		16,013
	Credit Agricole SA	0.875%	1/19/22	EUR	12,300		13,608
	Credit Agricole SA	0.443%	6/9/22	JPY	500,000		4,650
	Credit Agricole SA	0.750%	12/1/22	EUR	5,000		5,541
	Credit Agricole SA	3.125%	7/17/23	EUR	700		836
	Credit Agricole SA	7.375%	12/18/23	GBP	800		1,173
	Credit Agricole SA	2.375%	5/20/24	EUR	14,000		16,590
	Credit Agricole SA	1.000%	9/16/24	EUR	2,000		2,252
	Credit Agricole SA	3.125%	2/5/26	EUR	4,100		5,174
	Credit Agricole SA	1.875%	12/20/26	EUR	10,100		11,669
	Credit Agricole SA	2.625%	3/17/27	EUR	20,100		23,939
	Credit Agricole SA	1.375%	5/3/27	EUR	1,200		1,398
	Credit Agricole SA	1.750%	3/5/29	EUR	8,000		9,210
	Credit Agricole SA	2.000%	3/25/29	EUR	4,600		5,267
	Credit Agricole SA	1.000%	7/3/29	EUR	27,000		30,519
	Credit Mutuel - CIC Home Loan SFH SA	1.750%	6/19/24	EUR	10,000		11,801
	Credit Mutuel Arkea SA	1.000%	1/26/23	EUR	8,500		9,434
	Credit Mutuel Arkea SA	1.250%	5/31/24	EUR	21,600		23,750
	Credit Mutuel Arkea SA	1.375%	1/17/25	EUR	100		113
	Credit Mutuel Arkea SA	0.375%	10/3/28	EUR	10,200		10,771

38 

Total International Bond Index Fund

					Face		Market
			Maturity		Amount		Value•
		Coupon	Date	Currency	(000	)	($000	)
	Credit Mutuel Arkea SA	3.500%	2/9/29	EUR	19,700		24,205
	Credit Mutuel Arkea SA	1.125%	5/23/29	EUR	2,300		2,557
1	Credit Mutuel Arkea SA	1.875%	10/25/29	EUR	100		107
	Danone SA	2.250%	11/15/21	EUR	2,000		2,248
	Danone SA	0.424%	11/3/22	EUR	6,300		6,946
	Danone SA	2.600%	6/28/23	EUR	5,700		6,742
	Danone SA	1.250%	5/30/24	EUR	200		229
	Danone SA	0.709%	11/3/24	EUR	7,400		8,350
	Danone SA	1.125%	1/14/25	EUR	10,000		11,495
	Danone SA	0.571%	3/17/27	EUR	10,000		11,309
	Dassault Systemes SE	0.125%	9/16/26	EUR	5,000		5,346
	Dassault Systemes SE	0.375%	9/16/29	EUR	10,000		10,613
	Edenred	1.375%	3/10/25	EUR	100		111
	Engie Alliance GIE	5.750%	6/24/23	EUR	5,988		7,696
	Engie SA	0.500%	3/13/22	EUR	15,200		16,707
	Engie SA	2.625%	7/20/22	EUR	800		921
	Engie SA	3.000%	2/1/23	EUR	4,000		4,699
	Engie SA	0.875%	3/27/24	EUR	2,100		2,351
	Engie SA	0.875%	9/19/25	EUR	13,500		15,173
	Engie SA	2.375%	5/19/26	EUR	200		244
	Engie SA	1.500%	3/27/28	EUR	7,500		8,829
	Engie SA	1.375%	6/22/28	EUR	1,700		1,969
	Engie SA	7.000%	10/30/28	GBP	8,450		15,405
	Engie SA	1.375%	2/28/29	EUR	4,300		5,001
	Engie SA	2.000%	9/28/37	EUR	5,100		6,300
	Engie SA	1.375%	6/21/39	EUR	11,000		12,525
	Engie SA	1.250%	10/24/41	EUR	26,000		28,920
1	Engie SA	3.875%	6/2/49	EUR	3,700		4,296
1	Engie SA	1.375%	12/31/49	EUR	5,100		5,464
	Engie SA	5.000%	10/1/60	GBP	5,050		12,430
	Engie SA	5.950%	3/16/11	EUR	3,172		7,188
	EssilorLuxottica SA	0.000%	5/27/23	EUR	200		217
	EssilorLuxottica SA	0.125%	5/27/25	EUR	10,000		10,875
	Eutelsat SA	2.000%	10/2/25	EUR	9,500		10,159
	Eutelsat SA	2.250%	7/13/27	EUR	1,000		1,037
	Gecina SA	1.500%	1/20/25	EUR	9,200		10,263
	Gecina SA	1.375%	6/30/27	EUR	100		111
	Gecina SA	1.375%	1/26/28	EUR	1,100		1,215
	Gecina SA	1.000%	1/30/29	EUR	2,300		2,438
	Gecina SA	1.625%	5/29/34	EUR	600		637
	GELF Bond Issuer I SA	1.125%	7/18/29	EUR	4,200		4,287
	Holding d’Infrastructures de Transport SAS	4.875%	10/27/21	EUR	1,700		1,958
	Holding d’Infrastructures de Transport SAS	2.250%	3/24/25	EUR	4,300		4,699
	Holding d’Infrastructures de Transport SAS	1.625%	11/27/27	EUR	2,400		2,483
	HSBC France SA	0.200%	9/4/21	EUR	19,000		20,757
	HSBC France SA	0.250%	5/17/24	EUR	3,000		3,264
	HSBC France SA	0.100%	9/3/27	EUR	100		105
	ICADE	1.875%	9/14/22	EUR	100		112
	ICADE	1.125%	11/17/25	EUR	10,700		11,363
	Imerys SA	0.875%	3/31/22	EUR	600		633
	Imerys SA	2.000%	12/10/24	EUR	600		615
	Imerys SA	1.500%	1/15/27	EUR	1,100		1,048
	Indigo Group SAS	1.625%	4/19/28	EUR	500		540
	JCDecaux SA	1.000%	6/1/23	EUR	10,000		10,728

39 

Total International Bond Index Fund

					Face		Market
			Maturity		Amount		Value•
		Coupon	Date	Currency	(000	)	($000	)
	Kering SA	1.250%	5/10/26	EUR	9,300		10,517
	Klepierre SA	1.000%	4/17/23	EUR	2,100		2,266
	Klepierre SA	1.875%	2/19/26	EUR	7,600		8,394
	Klepierre SA	1.375%	2/16/27	EUR	1,200		1,271
	Klepierre SA	0.625%	7/1/30	EUR	6,000		5,664
	Klepierre SA	1.250%	9/29/31	EUR	200		198
1	La Mondiale SAM	5.050%	12/31/49	EUR	1,800		2,121
	Legrand SA	3.375%	4/19/22	EUR	300		347
	Legrand SA	0.750%	7/6/24	EUR	200		223
	Legrand SA	1.000%	3/6/26	EUR	100		113
	Legrand SA	1.875%	12/16/27	EUR	100		119
	Legrand SA	1.875%	7/6/32	EUR	1,300		1,586
	Luxottica Group SPA	2.625%	2/10/24	EUR	9,200		10,979
	LVMH Moet Hennessy Louis Vuitton SE	1.000%	9/24/21	EUR	2,000		2,209
	LVMH Moet Hennessy Louis Vuitton SE	0.375%	5/26/22	EUR	750		824
	LVMH Moet Hennessy Louis Vuitton SE	1.000%	6/14/22	GBP	9,000		11,278
	LVMH Moet Hennessy Louis Vuitton SE	0.750%	5/26/24	EUR	10,077		11,257
	LVMH Moet Hennessy Louis Vuitton SE	0.125%	2/11/28	EUR	10,000		10,776
	Mercialys SA	1.787%	3/31/23	EUR	5,100		5,345
	Michelin Luxembourg SCS	1.125%	5/28/22	EUR	200		220
	Michelin Luxembourg SCS	1.750%	5/28/27	EUR	100		115
	MMS USA Financing Inc.	0.625%	6/13/25	EUR	14,700		15,360
	MMS USA Investments Inc.	1.250%	6/13/28	EUR	200		206
	MMS USA Investments Inc.	1.750%	6/13/31	EUR	15,000		15,505
	Orange SA	0.500%	1/15/22	EUR	500		550
	Orange SA	3.375%	9/16/22	EUR	1,800		2,114
	Orange SA	2.500%	3/1/23	EUR	200		233
	Orange SA	0.750%	9/11/23	EUR	1,800		2,003
	Orange SA	3.125%	1/9/24	EUR	300		363
	Orange SA	1.125%	7/15/24	EUR	9,500		10,746
	Orange SA	1.000%	5/12/25	EUR	10,100		11,431
	Orange SA	1.000%	9/12/25	EUR	13,600		15,420
	Orange SA	5.250%	12/5/25	GBP	3,900		5,900
	Orange SA	0.000%	9/4/26	EUR	7,000		7,500
	Orange SA	0.875%	2/3/27	EUR	1,500		1,699
	Orange SA	1.375%	3/20/28	EUR	36,200		42,532
	Orange SA	8.125%	11/20/28	GBP	6,500		12,357
	Orange SA	2.000%	1/15/29	EUR	200		247
	Orange SA	1.375%	1/16/30	EUR	2,400		2,829
	Orange SA	1.875%	9/12/30	EUR	17,500		21,611
	Orange SA	3.250%	1/15/32	GBP	10,200		14,588
	Orange SA	0.500%	9/4/32	EUR	19,300		20,587
	Orange SA	8.125%	1/28/33	EUR	600		1,191
	Orange SA	5.625%	1/23/34	GBP	400		722
	Orange SA	1.375%	9/4/49	EUR	10,400		11,660
1	Orange SA	4.000%	12/31/49	EUR	18,600		21,027
1	Orange SA	5.250%	12/31/49	EUR	12,050		14,696
1	Orange SA	5.750%	12/31/49	GBP	7,000		9,329
1	Orange SA	5.875%	12/31/49	GBP	7,600		10,051
	Orange SA	5.000%	10/1/66	EUR	7,500		9,405
	Pernod Ricard SA	1.500%	5/18/26	EUR	3,000		3,438
	Pernod Ricard SA	0.875%	10/24/31	EUR	13,000		13,749
	Peugeot SA	2.000%	3/20/25	EUR	3,700		3,996
	PSA Tresorerie GIE	6.000%	9/19/33	EUR	3,950		5,268

40 

Total International Bond Index Fund

					Face		Market
			Maturity		Amount		Value•
		Coupon	Date	Currency	(000	)	($000	)
	Publicis Groupe SA	1.125%	12/16/21	EUR	10,000		11,034
	Publicis Groupe SA	0.500%	11/3/23	EUR	400		433
	Publicis Groupe SA	1.625%	12/16/24	EUR	900		1,018
	RCI Banque SA	0.250%	7/12/21	EUR	900		962
	RCI Banque SA	0.625%	11/10/21	EUR	1,967		2,102
	RCI Banque SA	0.750%	1/12/22	EUR	900		960
	RCI Banque SA	0.750%	9/26/22	EUR	10,300		10,861
	RCI Banque SA	1.875%	11/8/22	GBP	1,800		2,214
	RCI Banque SA	1.000%	5/17/23	EUR	6,400		6,784
	RCI Banque SA	1.375%	3/8/24	EUR	11,000		11,768
	RCI Banque SA	1.625%	4/11/25	EUR	9,400		10,011
	RCI Banque SA	1.750%	4/10/26	EUR	2,275		2,423
	RCI Banque SA	1.625%	5/26/26	EUR	1,300		1,356
	Sanef SA	0.950%	10/19/28	EUR	1,800		1,815
	Sanofi	0.875%	9/22/21	EUR	700		773
	Sanofi	0.000%	9/13/22	EUR	6,000		6,576
	Sanofi	0.500%	3/21/23	EUR	14,500		16,130
	Sanofi	2.500%	11/14/23	EUR	5,000		5,933
	Sanofi	1.750%	9/10/26	EUR	7,000		8,481
	Sanofi	0.500%	1/13/27	EUR	500		564
	Sanofi	1.125%	4/5/28	EUR	10,400		12,279
	Sanofi	0.875%	3/21/29	EUR	10,000		11,655
	Sanofi	1.875%	3/21/38	EUR	7,200		9,355
	Schneider Electric SE	2.500%	9/6/21	EUR	1,100		1,239
	Schneider Electric SE	1.500%	9/8/23	EUR	400		454
	Schneider Electric SE	0.250%	9/9/24	EUR	1,000		1,091
	Schneider Electric SE	0.875%	3/11/25	EUR	3,200		3,593
	Schneider Electric SE	1.500%	1/15/28	EUR	11,000		12,895
1	SCOR SE	3.625%	5/27/48	EUR	2,500		3,080
	Societe Generale SA	0.250%	1/18/22	EUR	19,000		20,771
	Societe Generale SA	1.000%	4/1/22	EUR	10,000		10,973
	Societe Generale SA	0.448%	5/26/22	JPY	900,000		8,359
	Societe Generale SA	0.000%	5/27/22	EUR	2,000		2,171
	Societe Generale SA	4.250%	7/13/22	EUR	2,500		2,957
	Societe Generale SA	0.750%	5/26/23	EUR	5,000		5,535
	Societe Generale SA	4.000%	6/7/23	EUR	4,400		5,188
	Societe Generale SA	1.250%	2/15/24	EUR	30,000		33,091
	Societe Generale SA	2.625%	2/27/25	EUR	100		116
	Societe Generale SA	0.875%	7/1/26	EUR	11,000		11,779
	Societe Generale SA	0.847%	5/26/27	JPY	2,000,000		18,519
	Societe Generale SA	2.125%	9/27/28	EUR	11,000		12,709
	Societe Generale SFH SA	0.500%	1/20/23	EUR	1,700		1,897
	Societe Generale SFH SA	0.250%	9/11/23	EUR	1,100		1,223
	Societe Generale SFH SA	0.500%	1/30/25	EUR	9,000		10,163
	Societe Generale SFH SA	0.500%	1/28/26	EUR	11,200		12,690
	Sodexo SA	2.500%	6/24/26	EUR	600		727
	Sodexo SA	1.750%	6/26/28	GBP	7,000		8,812
1	Sogecap SA	4.125%	12/31/49	EUR	100		115
	Suez	4.078%	5/17/21	EUR	2,100		2,387
	Suez	4.125%	6/24/22	EUR	400		475
	Suez	2.750%	10/9/23	EUR	3,000		3,561
	Suez	5.500%	7/22/24	EUR	4,750		6,320
	Suez	1.000%	4/3/25	EUR	10,200		11,496

41 

Total International Bond Index Fund

					Face		Market
			Maturity		Amount		Value•
		Coupon	Date	Currency	(000	)	($000	)
	Suez	1.750%	9/10/25	EUR	500		585
	Suez	1.500%	4/3/29	EUR	9,700		11,395
	Suez	1.625%	9/17/30	EUR	600		715
	Suez	5.375%	12/2/30	GBP	1,100		1,865
	Suez	0.500%	10/14/31	EUR	14,000		14,872
	TDF Infrastructure SAS	2.875%	10/19/22	EUR	21,200		23,852
	TDF Infrastructure SAS	2.500%	4/7/26	EUR	800		881
	Terega SA	2.200%	8/5/25	EUR	100		114
	Total Capital Canada Ltd.	1.125%	3/18/22	EUR	13,000		14,424
	Total Capital Canada Ltd.	2.125%	9/18/29	EUR	10,400		12,681
	Total Capital International SA	2.125%	11/19/21	EUR	3,900		4,382
	Total Capital International SA	4.250%	11/26/21	AUD	3,898		2,644
	Total Capital International SA	2.250%	6/9/22	GBP	2,782		3,548
	Total Capital International SA	2.125%	3/15/23	EUR	4,000		4,600
	Total Capital International SA	0.625%	10/4/24	EUR	11,800		13,020
	Total Capital International SA	1.375%	3/19/25	EUR	13,600		15,554
	Total Capital International SA	1.750%	7/7/25	GBP	9,263		11,669
	Total Capital International SA	2.875%	11/19/25	EUR	7,900		9,769
	Total Capital International SA	2.500%	3/25/26	EUR	4,400		5,374
	Total Capital International SA	0.696%	5/31/28	EUR	22,400		24,621
	Total Capital International SA	1.491%	9/4/30	EUR	1,000		1,168
1	Total SA	2.625%	12/29/49	EUR	18,750		20,320
1	Total SA	1.750%	12/31/49	EUR	8,100		8,518
1	Total SA	2.708%	12/31/49	EUR	13,600		14,871
1	Total SA	3.369%	12/31/49	EUR	7,200		8,195
1	Total SA	3.875%	12/31/49	EUR	8,500		9,496
	Transport et Infrastructures Gaz France SA	4.339%	7/7/21	EUR	2,000		2,278
	UMG Groupe VYV	1.625%	7/2/29	EUR	4,000		4,199
	Unibail-Rodamco SE	2.500%	2/26/24	EUR	1,890		2,138
	Unibail-Rodamco SE	1.000%	3/14/25	EUR	10,000		10,603
	Unibail-Rodamco SE	1.125%	9/15/25	EUR	11,400		12,050
	Unibail-Rodamco SE	1.375%	3/9/26	EUR	584		625
	Unibail-Rodamco SE	2.500%	6/4/26	EUR	500		563
	Unibail-Rodamco SE	1.000%	2/27/27	EUR	3,500		3,594
	Unibail-Rodamco SE	1.500%	5/29/29	EUR	300		309
	Unibail-Rodamco SE	1.375%	4/15/30	EUR	7,500		7,561
	Unibail-Rodamco SE	1.875%	1/15/31	EUR	15,000		15,663
	Unibail-Rodamco SE	2.000%	4/28/36	EUR	1,300		1,306
	Unibail-Rodamco SE	2.250%	5/14/38	EUR	1,000		1,017
1	Unibail-Rodamco SE	2.125%	12/31/49	EUR	5,000		4,591
1	Unibail-Rodamco SE	2.875%	12/31/49	EUR	3,000		2,716
	Unibail-Rodamco-Westfield SE	1.750%	7/1/49	EUR	7,300		6,506
	Veolia Environnement SA	0.672%	3/30/22	EUR	400		440
	Veolia Environnement SA	5.125%	5/24/22	EUR	100		120
	Veolia Environnement SA	0.892%	1/14/24	EUR	12,800		14,275
	Veolia Environnement SA	4.625%	3/30/27	EUR	9,200		12,791
	Veolia Environnement SA	1.590%	1/10/28	EUR	6,100		7,166
	Veolia Environnement SA	0.927%	1/4/29	EUR	5,000		5,585
	Veolia Environnement SA	6.125%	11/25/33	EUR	4,380		7,756
	Veolia Environnement SA	6.125%	10/29/37	GBP	3,050		6,236
	Vinci SA	1.000%	9/26/25	EUR	5,000		5,600
	Vinci SA	2.250%	3/15/27	GBP	1,000		1,317
	Vinci SA	1.625%	1/18/29	EUR	3,500		4,069

42 

Total International Bond Index Fund

					Face		Market
			Maturity		Amount		Value•
		Coupon	Date	Currency	(000	)	($000	)
	Vinci SA	1.750%	9/26/30	EUR	6,800		8,042
	Vinci SA	2.750%	9/15/34	GBP	1,000		1,397
	Vivendi SA	0.750%	5/26/21	EUR	5,000		5,486
	Vivendi SA	1.875%	5/26/26	EUR	400		461
	Vivendi SA	1.125%	12/11/28	EUR	10,000		10,859
							3,065,646
Sovereign Bonds (8.8%)
	Aeroports de Paris	1.500%	7/24/23	EUR	5,000		5,586
	Aeroports de Paris	3.125%	6/11/24	EUR	2,000		2,378
	Aeroports de Paris	1.500%	4/7/25	EUR	4,000		4,488
	Aeroports de Paris	2.750%	6/5/28	EUR	1,000		1,216
	Aeroports de Paris	1.125%	6/18/34	EUR	3,000		3,178
	Aeroports de Paris	2.125%	10/11/38	EUR	7,400		8,657
	Agence Francaise de Developpement	0.125%	4/30/22	EUR	28,000		30,962
	Agence Francaise de Developpement	0.125%	11/15/23	EUR	8,000		8,897
	Agence Francaise de Developpement	0.375%	4/30/24	EUR	34,000		38,182
	Agence Francaise de Developpement	1.375%	9/17/24	EUR	20,500		24,014
	Agence Francaise de Developpement	2.250%	5/27/25	EUR	10,000		12,286
	Agence Francaise de Developpement	0.500%	10/31/25	EUR	10,000		11,297
	Agence Francaise de Developpement	0.250%	7/21/26	EUR	12,100		13,503
	Agence Francaise de Developpement	3.750%	2/15/27	EUR	3,600		4,950
	Agence Francaise de Developpement	1.000%	1/31/28	EUR	5,000		5,859
	Agence Francaise de Developpement	0.250%	6/29/29	EUR	7,900		8,703
	Agence Francaise de Developpement	1.375%	7/5/32	EUR	15,000		18,376
	Agence France Locale	0.500%	6/20/24	EUR	9,500		10,700
	Agence France Locale	0.125%	6/20/26	EUR	17,000		18,786
	Agence France Locale	1.125%	6/20/28	EUR	7,000		8,305
	Bpifrance Financement SA	0.100%	2/19/21	EUR	4,900		5,382
	Bpifrance Financement SA	0.750%	10/25/21	EUR	47,600		52,940
	Bpifrance Financement SA	0.250%	2/14/23	EUR	20,000		22,273
	Bpifrance Financement SA	0.125%	11/25/23	EUR	2,600		2,892
	Bpifrance Financement SA	2.500%	5/25/24	EUR	10,000		12,174
	Bpifrance Financement SA	0.750%	11/25/24	EUR	16,100		18,405
	Bpifrance Financement SA	0.500%	5/25/25	EUR	5,500		6,229
	Bpifrance Financement SA	2.750%	10/25/25	EUR	28,000		35,491
	Bpifrance Financement SA	1.875%	5/25/30	EUR	10,000		12,809
	Caisse d’Amortissement de la Dette Sociale	0.050%	11/25/20	EUR	56,400		61,910
	Caisse d’Amortissement de la Dette Sociale	4.375%	10/25/21	EUR	8,000		9,387
	Caisse d’Amortissement de la Dette Sociale	2.500%	10/25/22	EUR	3,000		3,526
	Caisse d’Amortissement de la Dette Sociale	0.125%	11/25/22	EUR	110,000		122,141
	Caisse d’Amortissement de la Dette Sociale	4.125%	4/25/23	EUR	5,000		6,218
	Caisse d’Amortissement de la Dette Sociale	0.500%	5/25/23	EUR	89,000		100,183
	Caisse d’Amortissement de la Dette Sociale	2.375%	1/25/24	EUR	43,500		52,527
	Caisse d’Amortissement de la Dette Sociale	1.375%	11/25/24	EUR	70,000		82,654
	Caisse d’Amortissement de la Dette Sociale	4.000%	12/15/25	EUR	10,000		13,557
	Coentreprise de Transport d’Electricite SA	2.125%	7/29/32	EUR	16,400		20,038
4	Dexia Credit Local SA	2.000%	1/22/21	EUR	8,000		8,910
	Dexia Credit Local SA	1.125%	6/15/22	GBP	2,300		2,925
	Dexia Credit Local SA	0.500%	1/17/25	EUR	5,000		5,621
4	Dexia Credit Local SA	2.125%	2/12/25	GBP	3,000		3,993
	Dexia Credit Local SA	0.625%	1/17/26	EUR	4,500		5,123
	Electricite de France SA	3.875%	1/18/22	EUR	3,100		3,602
	Electricite de France SA	2.750%	3/10/23	EUR	20,300		23,742
	Electricite de France SA	4.625%	9/11/24	EUR	10,000		12,941

43 

Total International Bond Index Fund

					Face		Market
			Maturity		Amount		Value•
		Coupon	Date	Currency	(000	)	($000	)
	Electricite de France SA	4.000%	11/12/25	EUR	2,150		2,807
	Electricite de France SA	1.000%	10/13/26	EUR	16,300		18,374
	Electricite de France SA	4.125%	3/25/27	EUR	9,200		12,334
	Electricite de France SA	4.625%	4/26/30	EUR	200		294
	Electricite de France SA	5.875%	7/18/31	GBP	2,100		3,656
	Electricite de France SA	5.625%	2/21/33	EUR	8,805		14,314
	Electricite de France SA	6.125%	6/2/34	GBP	17,000		31,170
	Electricite de France SA	1.875%	10/13/36	EUR	4,700		5,357
	Electricite de France SA	4.500%	11/12/40	EUR	3,900		6,137
	Electricite de France SA	5.500%	10/17/41	GBP	12,000		22,473
1	Electricite de France SA	5.000%	1/22/49	EUR	6,000		6,769
1	Electricite de France SA	4.125%	1/29/49	EUR	6,000		6,615
1	Electricite de France SA	5.375%	1/29/49	EUR	3,400		3,865
1	Electricite de France SA	5.875%	7/22/49	GBP	2,500		3,171
	Electricite de France SA	2.000%	12/9/49	EUR	16,500		18,460
1	Electricite de France SA	6.000%	12/29/49	GBP	3,800		4,917
	Electricite de France SA	6.000%	1/23/14	GBP	7,400		15,146
	French Republic	0.000%	5/25/21	EUR	369,250		406,797
	French Republic	3.250%	10/25/21	EUR	90,450		104,747
	French Republic	0.000%	2/25/22	EUR	598,000		662,805
	French Republic	3.000%	4/25/22	EUR	110,420		129,710
	French Republic	8.250%	4/25/22	EUR	14,000		18,025
	French Republic	0.000%	5/25/22	EUR	161,500		179,296
	French Republic	2.250%	10/25/22	EUR	211,840		248,864
	French Republic	8.500%	4/25/23	EUR	400		558
	French Republic	1.750%	5/25/23	EUR	613,408		721,329
	French Republic	4.250%	10/25/23	EUR	110,770		142,083
	French Republic	0.000%	3/25/24	EUR	500,000		559,634
	French Republic	1.750%	11/25/24	EUR	153,840		186,156
	French Republic	0.000%	3/25/25	EUR	245,000		274,762
	French Republic	0.500%	5/25/25	EUR	142,940		164,462
	French Republic	1.000%	11/25/25	EUR	185,000		218,836
	French Republic	3.500%	4/25/26	EUR	112,000		151,474
	French Republic	0.500%	5/25/26	EUR	348,000		401,809
	French Republic	0.250%	11/25/26	EUR	200,000		227,594
	French Republic	1.000%	5/25/27	EUR	334,207		400,094
8	French Republic	0.750%	5/25/28	EUR	468,000		554,043
	French Republic	0.750%	11/25/28	EUR	290,088		344,044
	French Republic	5.500%	4/25/29	EUR	66,700		110,718
	French Republic	0.500%	5/25/29	EUR	275,000		319,538
	French Republic	0.000%	11/25/29	EUR	344,000		381,083
	French Republic	2.500%	5/25/30	EUR	71,650		99,179
	French Republic	1.500%	5/25/31	EUR	241,333		309,425
	French Republic	5.750%	10/25/32	EUR	109,810		206,112
	French Republic	1.250%	5/25/34	EUR	475,016		599,559
	French Republic	4.750%	4/25/35	EUR	61,979		114,023
2	French Republic	1.250%	5/25/36	EUR	158,200		200,750
	French Republic	4.000%	10/25/38	EUR	157,820		287,713
2	French Republic	1.750%	6/25/39	EUR	75,050		103,867
	French Republic	4.500%	4/25/41	EUR	257,015		515,620
	French Republic	3.250%	5/25/45	EUR	178,685		323,721
2	French Republic	2.000%	5/25/48	EUR	46,710		70,538
2	French Republic	1.500%	5/25/50	EUR	259,531		357,015
2	French Republic	0.750%	5/25/52	EUR	45,643		52,189

44

Total International Bond Index Fund

					Face		Market
			Maturity		Amount		Value•
		Coupon	Date	Currency	(000	)	($000	)
	French Republic	4.000%	4/25/55	EUR	73,690		166,865
	French Republic	4.000%	4/25/60	EUR	47,250		112,997
2	French Republic	1.750%	5/25/66	EUR	86,102		135,030
	La Banque Postale SA	1.000%	10/16/24	EUR	5,000		5,500
1	La Banque Postale SA	2.750%	4/23/26	EUR	2,000		2,190
1	La Banque Postale SA	2.750%	11/19/27	EUR	4,000		4,428
	La Banque Postale SA	3.000%	6/9/28	EUR	2,000		2,362
	La Banque Postale SA	2.000%	7/13/28	EUR	9,500		11,103
	La Banque Postale SA	1.375%	4/24/29	EUR	10,000		11,091
	La Poste SA	2.750%	11/26/24	EUR	4,200		5,084
	La Poste SA	1.125%	6/4/25	EUR	10,000		11,377
	La Poste SA	0.375%	9/17/27	EUR	19,800		21,366
	La Poste SA	1.450%	11/30/28	EUR	2,100		2,439
	La Poste SA	1.000%	9/17/34	EUR	5,000		5,382
	Regie Autonome des Transports Parisiens	0.875%	5/25/27	EUR	3,000		3,469
	Region of Ile de France	2.250%	6/10/23	EUR	900		1,063
	Region of Ile de France	3.625%	3/27/24	EUR	13,300		16,785
	Region of Ile de France	0.500%	6/14/25	EUR	15,000		17,004
	Region of Ile de France	0.625%	4/23/27	EUR	5,000		5,698
	Region of Ile de France	1.375%	3/14/29	EUR	100		122
	Region of Ile de France	1.375%	6/20/33	EUR	6,000		7,403
	RTE Reseau de Transport d’Electricite SADIR	0.000%	9/9/27	EUR	5,000		5,299
	RTE Reseau de Transport d’Electricite SADIR	2.750%	6/20/29	EUR	2,400		3,153
	RTE Reseau de Transport d’Electricite SADIR	1.500%	9/27/30	EUR	5,000		5,977
	RTE Reseau de Transport d’Electricite SADIR	2.000%	4/18/36	EUR	500		638
	RTE Reseau de Transport d’Electricite SADIR	1.875%	10/23/37	EUR	5,000		6,294
	RTE Reseau de Transport d’Electricite SADIR	2.125%	9/27/38	EUR	15,000		19,820
	SA de Gestion de Stocks de Securite	0.625%	5/25/23	EUR	12,000		13,505
	SNCF Mobilites	5.375%	3/18/27	GBP	8,069		13,000
	SNCF Mobilites	1.500%	2/2/29	EUR	14,000		16,847
	SNCF Reseau	6.000%	10/12/20	EUR	9,000		10,134
	SNCF Reseau	0.100%	5/27/21	EUR	31,000		34,070
	SNCF Reseau	5.500%	12/1/21	GBP	7,000		9,487
	SNCF Reseau	4.375%	6/2/22	EUR	15,000		18,035
9	SNCF Reseau	2.625%	12/29/25	EUR	4,800		6,068
	SNCF Reseau	4.250%	10/7/26	EUR	1,500		2,097
	SNCF Reseau	3.125%	10/25/28	EUR	7,000		9,629
	SNCF Reseau	5.250%	12/7/28	GBP	17,000		28,808
	SNCF Reseau	0.875%	1/22/29	EUR	6,000		6,965
	SNCF Reseau	1.125%	5/25/30	EUR	28,100		33,442
	SNCF Reseau	1.000%	11/9/31	EUR	15,000		17,741
	SNCF Reseau	5.000%	10/10/33	EUR	15,400		26,740
	SNCF Reseau	5.250%	1/31/35	GBP	1,400		2,678
	SNCF Reseau	0.750%	5/25/36	EUR	36,100		40,763
	SNCF Reseau	1.500%	5/29/37	EUR	18,000		22,631
	SNCF Reseau	2.250%	12/20/47	EUR	12,500		17,988
	SNCF Reseau	2.000%	2/5/48	EUR	5,000		6,815
	SNCF Reseau	5.000%	3/11/52	GBP	5,025		11,979

45

Total International Bond Index Fund

						Face			Market
			Maturity			Amount			Value•
		Coupon		Date	Currency		(000	)		($000	)
	SNCF Reseau	4.830%		3/25/60	GBP		1,400			3,593
	Societe Du Grand Paris EPIC	1.125%		10/22/28	EUR		1,200			1,437
	Societe Du Grand Paris EPIC	1.125%		5/25/34	EUR		23,000			27,530
	Societe Du Grand Paris EPIC	1.700%		5/25/50	EUR		5,000			6,592
	Societe Du Grand Paris EPIC	1.000%		2/18/70	EUR		10,000			10,926
	Societe Nationale SNCF SA	4.875%		6/12/23	EUR		5,700			7,241
	Societe Nationale SNCF SA	4.125%		2/19/25	EUR		700			919
9	UNEDIC ASSEO	0.000%		11/25/20	EUR		9,000			9,876
9	UNEDIC ASSEO	0.300%		11/4/21	EUR		5,000			5,527
	UNEDIC ASSEO	0.125%		5/25/22	EUR		10,000			11,053
9	UNEDIC ASSEO	0.875%		10/25/22	EUR		22,200			25,037
9	UNEDIC ASSEO	2.250%		4/5/23	EUR		7,000			8,242
	UNEDIC ASSEO	2.375%		5/25/24	EUR		3,000			3,639
	UNEDIC ASSEO	0.125%		11/25/24	EUR		55,000			61,063
9	UNEDIC ASSEO	0.625%		2/17/25	EUR		25,000			28,463
9	UNEDIC ASSEO	0.625%		3/3/26	EUR		14,300			16,345
9	UNEDIC ASSEO	1.250%		10/21/27	EUR		21,500			25,756
9	UNEDIC ASSEO	0.500%		3/20/29	EUR		24,000			27,276
9	UNEDIC ASSEO	1.500%		4/20/32	EUR		1,200			1,510
9	UNEDIC ASSEO	1.250%		5/25/33	EUR		2,000			2,451
										12,495,784
Total France (Cost $16,238,450)										16,509,268
Germany (10.5%)
Asset-Backed/Commercial Mortgage-Backed Securities (0.4%)
	Aareal Bank AG	0.125%		2/1/24	EUR		5,000			5,542
	Bayerische Landesbank	1.000%		7/9/21	EUR		250			278
	Bayerische Landesbank	1.250%		12/20/21	GBP		2,700			3,432
	Bayerische Landesbank	2.000%		7/11/22	EUR		700			805
	Bayerische Landesbank	0.350%		12/1/22	EUR		5,000			5,562
	Bayerische Landesbank	1.625%		4/18/23	EUR		5,000			5,779
	Bayerische Landesbank	0.500%		3/19/25	EUR		10,000			11,324
	Berlin Hyp AG	0.000%		11/29/21	EUR		1,000			1,099
	Berlin Hyp AG	0.125%		10/23/23	EUR		25,500			28,274
	Berlin Hyp AG	0.375%		5/3/24	EUR		7,810			8,767
	Commerzbank AG	0.250%		1/26/22	EUR		4,000			4,423
	Commerzbank AG	0.625%		3/13/25	EUR		9,200			10,507
	Commerzbank AG	0.625%		5/28/25	EUR		9,000			10,273
	Commerzbank AG	0.875%		9/8/25	EUR		10,100			11,707
	Commerzbank AG	0.500%		6/9/26	EUR		15,000			17,099
	Commerzbank AG	0.625%		8/24/27	EUR		1,100			1,272
	Deutsche Bank AG	0.250%		3/8/24	EUR		9,300			10,374
	Deutsche Bank AG	0.250%		8/31/28	EUR		5,000			5,614
	Deutsche Hypothekenbank AG	0.125%		4/20/22	EUR		5,000			5,514
	Deutsche Hypothekenbank AG	0.125%		11/23/23	EUR		100			111
	Deutsche Hypothekenbank AG	0.500%		6/29/26	EUR		100			114
	Deutsche Kreditbank AG	1.625%		6/18/24	EUR		1,500			1,770
	Deutsche Kreditbank AG	0.500%		3/19/27	EUR		1,600			1,829
	Deutsche Pfandbriefbank AG	0.050%		8/9/21	EUR		1,000			1,100
	Deutsche Pfandbriefbank AG	1.875%		1/21/22	EUR		10,000			11,352
	Deutsche Pfandbriefbank AG	0.200%		3/1/22	EUR		5,450			6,013
	Deutsche Pfandbriefbank AG	0.050%		9/5/22	EUR		6,800			7,497
	Deutsche Pfandbriefbank AG	0.625%		8/30/27	EUR		18,900			21,829

46

Total International Bond Index Fund

						Face			Market
			Maturity			Amount			Value•
		Coupon		Date	Currency		(000	)		($000	)
	Deutsche Pfandbriefbank AG	2.375%		5/29/28	EUR		6,100			8,013
	Deutsche Pfandbriefbank AG	1.250%		4/20/35	EUR		10,000			12,743
	Dexia Kommunalbank Deutschland AG	0.050%		9/8/21	EUR		18,300			20,123
	Dexia Kommunalbank Deutschland AG	0.375%		3/3/22	EUR		8,300			9,190
	DZ HYP AG	0.125%		9/30/22	EUR		13,000			14,376
	DZ HYP AG	0.625%		6/5/24	EUR		100			113
	DZ HYP AG	0.375%		3/31/26	EUR		6,200			7,010
	DZ HYP AG	0.500%		9/30/26	EUR		10,000			11,411
	DZ HYP AG	0.050%		6/29/29	EUR		10,000			11,037
	DZ HYP AG	0.875%		4/17/34	EUR		10,000			12,066
10	German Postal Pensions Securitisation 2 plc	4.375%		1/18/22	EUR		3,000			3,547
	Hamburg Commercial Bank AG	0.750%		6/22/22	EUR		400			447
	Hamburg Commercial Bank AG	0.375%		4/27/23	EUR		10,808			12,022
	ING-DiBa AG	0.250%		10/9/23	EUR		5,000			5,568
	ING-DiBa AG	0.250%		11/16/26	EUR		5,000			5,625
	ING-DiBa AG	0.125%		5/23/27	EUR		5,000			5,577
	ING-DiBa AG	1.000%		5/23/39	EUR		19,100			24,048
	Landesbank Baden-Wuerttemberg	0.125%		2/21/22	EUR		5,000			5,519
	Landesbank Baden-Wuerttemberg	0.200%		1/10/24	EUR		2,000			2,226
	Landesbank Baden-Wuerttemberg	0.250%		1/10/25	EUR		10,000			11,195
	Landesbank Baden-Wuerttemberg	0.375%		2/27/25	EUR		10,000			11,264
	Landesbank Hessen-Thueringen Girozentrale	1.125%		5/27/21	EUR		10,000			11,113
	Landesbank Hessen-Thueringen Girozentrale	0.000%		1/12/22	EUR		27,600			30,384
	Landesbank Hessen-Thueringen Girozentrale	0.125%		11/21/22	EUR		22,500			24,894
	Landesbank Hessen-Thueringen Girozentrale	0.250%		3/20/23	EUR		15,000			16,660
	Landesbank Hessen-Thueringen Girozentrale	1.875%		6/26/23	EUR		800			935
	Landesbank Hessen-Thueringen Girozentrale	0.375%		2/8/24	EUR		10,000			11,205
	Landesbank Hessen-Thueringen Girozentrale	0.500%		9/25/25	EUR		500			569
	Muenchener Hypothekenbank eG	1.750%		6/3/22	EUR		1,000			1,141
	Muenchener Hypothekenbank eG	2.500%		7/4/28	EUR		12,750			16,935
	Norddeutsche Landesbank Girozentrale	0.375%		10/9/24	EUR		1,100			1,236
	Norddeutsche Landesbank Girozentrale	0.250%		10/28/26	EUR		10,000			11,214
	UniCredit Bank AG	1.875%		9/12/22	EUR		500			575
	UniCredit Bank AG	1.875%		4/9/24	EUR		5,100			6,058
	UniCredit Bank AG	0.625%		2/12/25	EUR		100			114
	UniCredit Bank AG	0.500%		5/4/26	EUR		500			570
	UniCredit Bank AG	0.875%		1/11/29	EUR		12,700			15,021
	WL BANK AG Westfaelische Landschaft Bodenkreditbank	2.500%		3/29/22	EUR		10,400			11,996
	WL BANK AG Westfaelische Landschaft Bodenkreditbank	0.375%		6/6/25	EUR		2,000			2,258
	WL BANK AG Westfaelische Landschaft Bodenkreditbank	0.750%		2/2/26	EUR		10,000			11,554
	WL BANK AG Westfaelische Landschaft Bodenkreditbank	0.500%		4/1/27	EUR		5,000			5,721

47

Total International Bond Index Fund

					Face		Market
			Maturity		Amount		Value•
		Coupon	Date	Currency	(000	)	($000	)
	WL BANK AG Westfaelische Landschaft Bodenkreditbank	0.625%	8/30/27	EUR	10,000		11,566
	WL BANK AG Westfaelische Landschaft Bodenkreditbank	0.875%	1/18/30	EUR	12,200		14,536
							598,635
Corporate Bonds (1.7%)
	Aareal Bank AG	0.375%	7/15/25	EUR	2,200		2,481
	Allianz Finance II BV	3.500%	2/14/22	EUR	7,500		8,722
	Allianz Finance II BV	0.875%	1/15/26	EUR	2,000		2,290
	Allianz Finance II BV	3.000%	3/13/28	EUR	2,800		3,763
	Allianz Finance II BV	1.375%	4/21/31	EUR	12,500		14,882
1	Allianz SE	5.625%	10/17/42	EUR	7,100		8,600
1	Allianz SE	2.241%	7/7/45	EUR	6,800		7,859
1	Allianz SE	3.375%	9/29/49	EUR	8,600		9,981
1	Allianz SE	4.750%	10/29/49	EUR	5,500		6,664
	alstria office REIT-AG	2.125%	4/12/23	EUR	200		223
	alstria office REIT-AG	1.500%	11/15/27	EUR	10,000		10,415
	Aroundtown SA	1.000%	1/7/25	EUR	500		524
	Aroundtown SA	0.625%	7/9/25	EUR	2,000		2,043
	Aroundtown SA	4.625%	9/18/25	CAD	1,285		959
	Aroundtown SA	1.875%	1/19/26	EUR	20,100		21,750
	Aroundtown SA	2.000%	11/2/26	EUR	6,800		7,396
	Aroundtown SA	3.250%	7/18/27	GBP	6,100		7,727
	Aroundtown SA	1.625%	1/31/28	EUR	4,300		4,494
	Aroundtown SA	1.450%	7/9/28	EUR	15,000		15,150
	Aroundtown SA	3.000%	10/16/29	GBP	8,900		10,742
1	Aroundtown SA	2.125%	12/31/49	EUR	4,000		3,831
	BASF SE	1.375%	6/21/22	GBP	100		126
	BASF SE	2.000%	12/5/22	EUR	10,000		11,450
	BASF SE	0.875%	10/6/23	GBP	500		620
	BASF SE	1.750%	3/11/25	GBP	800		1,017
	BASF SE	0.875%	11/15/27	EUR	100		115
	BASF SE	1.500%	5/22/30	EUR	8,000		9,583
	BASF SE	0.875%	10/6/31	EUR	600		674
	BASF SE	1.450%	12/13/32	EUR	16,500		19,663
	Bayer AG	1.875%	1/25/21	EUR	3,000		3,311
1	Bayer AG	3.750%	7/1/74	EUR	6,054		6,782
	Bayer Capital Corp. BV	0.625%	12/15/22	EUR	15,000		16,472
	Bayer Capital Corp. BV	1.500%	6/26/26	EUR	500		568
	Bayer Capital Corp. BV	2.125%	12/15/29	EUR	10,200		12,135
	Bayerische Landesbank	0.625%	7/19/27	EUR	2,000		2,307
	Berlin Hyp AG	0.125%	1/5/24	EUR	5,000		5,548
	Berlin Hyp AG	1.250%	1/22/25	EUR	400		450
	Berlin Hyp AG	0.625%	10/22/25	EUR	500		572
	Berlin Hyp AG	1.125%	10/25/27	EUR	100		108
	Bertelsmann SE & Co. KGaA	2.625%	8/2/22	EUR	1,500		1,721
	Bertelsmann SE & Co. KGaA	1.750%	10/14/24	EUR	5,900		6,793
	Bertelsmann SE & Co. KGaA	1.250%	9/29/25	EUR	9,800		11,040
1	Bertelsmann SE & Co. KGaA	3.000%	4/23/75	EUR	100		109
1	Bertelsmann SE & Co. KGaA	3.500%	4/23/75	EUR	3,000		3,264
	BMW Canada Inc.	2.570%	8/6/21	CAD	12,590		9,052
	BMW Finance NV	0.125%	11/29/21	EUR	4,100		4,435
	BMW Finance NV	0.250%	1/14/22	EUR	2,920		3,170
	BMW Finance NV	1.000%	2/15/22	EUR	2,200		2,417
	BMW Finance NV	0.125%	7/13/22	EUR	15,000		16,183

48

Total International Bond Index Fund

					Face			Market
		Maturity			Amount			Value•
	Coupon		Date	Currency		(000	)		($000	)
BMW Finance NV	0.875%		8/16/22	GBP		2,400			2,937
BMW Finance NV	1.250%		9/5/22	EUR		1,200			1,328
BMW Finance NV	2.375%		1/24/23	EUR		400			456
BMW Finance NV	0.375%		7/10/23	EUR		10,500			11,369
BMW Finance NV	0.625%		10/6/23	EUR		11,200			12,246
BMW Finance NV	0.750%		4/15/24	EUR		900			985
BMW Finance NV	1.000%		11/14/24	EUR		11,780			13,006
BMW Finance NV	0.875%		4/3/25	EUR		9,200			10,102
BMW Finance NV	1.000%		8/29/25	EUR		7,980			8,818
BMW Finance NV	1.500%		2/6/29	EUR		18,764			21,402
BMW International Investment BV	1.000%		11/17/21	GBP		2,600			3,229
BMW International Investment BV	1.750%		4/19/22	GBP		2,500			3,116
BMW International Investment BV	1.875%		9/11/23	GBP		300			373
BMW US Capital LLC	1.125%		9/18/21	EUR		400			440
BMW US Capital LLC	0.625%		4/20/22	EUR		16,910			18,452
Brenntag Finance BV	1.125%		9/27/25	EUR		3,600			3,952
Commerzbank AG	1.500%		9/21/22	EUR		5,000			5,492
Commerzbank AG	0.500%		9/13/23	EUR		1,000			1,055
Commerzbank AG	0.050%		7/11/24	EUR		5,000			5,544
Commerzbank AG	0.625%		8/28/24	EUR		10,000			10,852
Commerzbank AG	1.000%		3/4/26	EUR		15,100			16,575
Commerzbank AG	0.500%		12/4/26	EUR		15,000			15,863
Commerzbank AG	0.125%		12/15/26	EUR		11,800			13,157
Commerzbank AG	1.500%		8/28/28	EUR		45			51
Commerzbank AG	1.250%		1/9/34	EUR		7,000			8,795
Covestro AG	1.750%		9/25/24	EUR		10,000			11,274
Daimler AG	2.000%		6/25/21	EUR		600			663
Daimler AG	1.500%		1/13/22	GBP		2,500			3,097
Daimler AG	2.250%		1/24/22	EUR		1,750			1,954
Daimler AG	2.375%		9/12/22	EUR		7,000			7,916
Daimler AG	0.000%		2/8/24	EUR		800			837
Daimler AG	0.750%		2/8/30	EUR		9,000			9,224
Daimler AG	2.000%		2/27/31	EUR		6,800			7,708
Daimler AG	1.125%		11/6/31	EUR		10,000			10,399
Daimler AG	1.125%		8/8/34	EUR		9,000			9,101
Daimler Canada Finance Inc.	1.910%		7/8/21	CAD		5,000			3,540
Daimler Canada Finance Inc.	3.050%		5/16/22	CAD		8,990			6,413
Daimler Canada Finance Inc.	2.970%		3/13/24	CAD		3,600			2,530
Daimler International Finance BV	0.250%		8/9/21	EUR		15,000			16,235
Daimler International Finance BV	1.500%		8/18/21	GBP		1,500			1,866
Daimler International Finance BV	0.200%		9/13/21	EUR		100			108
Daimler International Finance BV	0.250%		5/11/22	EUR		800			862
Daimler International Finance BV	2.125%		6/7/22	GBP		100			125
Daimler International Finance BV	0.625%		2/27/23	EUR		10,876			11,761
Daimler International Finance BV	2.000%		9/4/23	GBP		500			616
Daimler International Finance BV	0.875%		4/9/24	EUR		2,950			3,186
Daimler International Finance BV	1.000%		11/11/25	EUR		21,000			22,825
Daimler International Finance BV	1.375%		6/26/26	EUR		17,400			19,140
Daimler International Finance BV	0.625%		5/6/27	EUR		15,000			15,593
Deutsche Apotheker-und Aerztebank eG	0.750%		10/5/27	EUR		700			816
Deutsche Bank AG	1.250%		9/8/21	EUR		11,200			12,037
Deutsche Bank AG	1.500%		1/20/22	EUR		3,400			3,647
Deutsche Bank AG	1.875%		2/14/22	EUR		13,300			14,322
Deutsche Bank AG	2.375%		1/11/23	EUR		11,800			12,854
Deutsche Bank AG	1.125%		8/30/23	EUR		10,000			10,983

49

Total International Bond Index Fund

				Face		Market
		Maturity		Amount		Value•
	Coupon	Date	Currency	(000	)	($000	)
Deutsche Bank AG	1.125%	8/30/23	EUR	15,329		16,840
Deutsche Bank AG	0.625%	12/19/23	CHF	11,500		11,189
Deutsche Bank AG	3.875%	2/12/24	GBP	100		127
Deutsche Bank AG	2.625%	12/16/24	GBP	1,000		1,206
Deutsche Bank AG	2.625%	2/12/26	EUR	8,000		8,615
Deutsche Bank AG	0.000%	10/15/26	EUR	4,906		4,287
Deutsche Boerse AG	2.375%	10/5/22	EUR	500		579
Deutsche Boerse AG	1.625%	10/8/25	EUR	4,098		4,867
Deutsche Boerse AG	1.125%	3/26/28	EUR	10,000		11,759
Deutsche Hypothekenbank AG	0.250%	2/22/23	EUR	15,000		16,646
Deutsche Hypothekenbank AG	0.250%	5/17/24	EUR	3,500		3,900
Deutsche Kreditbank AG	0.625%	6/8/21	EUR	15,100		16,441
Deutsche Pfandbriefbank AG	0.010%	10/16/25	EUR	20,000		22,142
Deutsche Post AG	2.750%	10/9/23	EUR	2,000		2,401
Deutsche Post AG	2.875%	12/11/24	EUR	2,000		2,442
Deutsche Post AG	1.625%	12/5/28	EUR	8,000		9,666
Deutsche Telekom AG	0.500%	7/5/27	EUR	19,000		20,757
Deutsche Telekom AG	1.375%	7/5/34	EUR	3,000		3,405
Deutsche Telekom AG	2.250%	3/29/39	EUR	4,250		5,477
Deutsche Telekom AG	1.750%	12/9/49	EUR	5,000		5,648
Deutsche Telekom International Finance BV	6.500%	4/8/22	GBP	10,400		14,366
Deutsche Telekom International Finance BV	4.250%	7/13/22	EUR	3,000		3,559
Deutsche Telekom International Finance BV	0.625%	12/1/22	EUR	20,100		22,201
Deutsche Telekom International Finance BV	0.625%	4/3/23	EUR	12,000		13,301
Deutsche Telekom International Finance BV	2.750%	10/24/24	EUR	4,396		5,342
Deutsche Telekom International Finance BV	4.875%	4/22/25	EUR	9,250		12,350
Deutsche Telekom International Finance BV	2.500%	10/10/25	GBP	15,000		19,743
Deutsche Telekom International Finance BV	1.375%	12/1/25	EUR	22,065		25,615
Deutsche Telekom International Finance BV	1.125%	5/22/26	EUR	100		114
Deutsche Telekom International Finance BV	1.375%	1/30/27	EUR	200		232
Deutsche Telekom International Finance BV	3.250%	1/17/28	EUR	100		131
Deutsche Telekom International Finance BV	1.500%	4/3/28	EUR	5,235		6,108
Deutsche Telekom International Finance BV	8.875%	11/27/28	GBP	900		1,772
Deutsche Telekom International Finance BV	2.000%	12/1/29	EUR	8,700		10,565
Deutsche Telekom International Finance BV	7.500%	1/24/33	EUR	900		1,702
DVB Bank SE	1.250%	9/15/21	EUR	13,600		14,850
DVB Bank SE	1.000%	4/25/22	EUR	6,500		7,053
DVB Bank SE	1.250%	6/16/23	EUR	19,300		20,873
DZ HYP AG	0.500%	11/13/25	EUR	16,000		18,203
DZ HYP AG	0.750%	6/30/27	EUR	1,200		1,397

50

Total International Bond Index Fund

					Face		Market
			Maturity		Amount		Value•
		Coupon	Date	Currency	(000	)	($000	)
	DZ HYP AG	0.875%	1/30/29	EUR	10,000		11,824
	E.ON International Finance BV	6.375%	6/7/32	GBP	11,300		20,836
	E.ON International Finance BV	5.875%	10/30/37	GBP	7,950		15,378
	E.ON International Finance BV	6.750%	1/27/39	GBP	1,000		2,132
	E.ON SE	0.375%	8/23/21	EUR	7,000		7,669
	E.ON SE	0.875%	5/22/24	EUR	500		560
	E.ON SE	0.250%	10/24/26	EUR	15,000		16,331
	E.ON SE	0.375%	9/29/27	EUR	5,000		5,449
	E.ON SE	1.625%	5/22/29	EUR	8,100		9,636
	E.ON SE	0.350%	2/28/30	EUR	5,000		5,329
	E.ON SE	0.625%	11/7/31	EUR	17,300		18,644
	Eurogrid GmbH	1.625%	11/3/23	EUR	1,900		2,165
	Eurogrid GmbH	1.875%	6/10/25	EUR	7,500		8,754
	Eurogrid GmbH	1.500%	4/18/28	EUR	1,100		1,264
	Evonik Finance BV	0.750%	9/7/28	EUR	5,100		5,529
	Fresenius Finance Ireland plc	1.500%	1/30/24	EUR	10,438		11,720
	Fresenius Medical Care AG & Co. KGaA	0.250%	11/29/23	EUR	7,200		7,751
	Fresenius Medical Care AG & Co. KGaA	1.500%	7/11/25	EUR	400		453
	Fresenius SE & Co. KGaA	0.875%	1/31/22	EUR	3,000		3,289
	Fresenius SE & Co. KGaA	4.000%	2/1/24	EUR	9,000		11,027
	Fresenius SE & Co. KGaA	0.750%	1/15/28	EUR	11,500		12,257
	Fresenius SE & Co. KGaA	2.875%	2/15/29	EUR	12,000		14,854
	Fresenius SE & Co. KGaA	3.000%	1/30/32	EUR	1,572		1,957
	Grand City Properties SA	1.500%	4/17/25	EUR	5,000		5,517
	Grand City Properties SA	1.375%	8/3/26	EUR	18,100		19,791
	Grand City Properties SA	1.500%	2/22/27	EUR	2,100		2,300
1	Grand City Properties SA	2.500%	12/31/49	EUR	1,000		1,041
	Hamburg Commercial Bank AG	0.375%	7/12/23	EUR	16,100		17,933
1	Hannover Finance Luxembourg SA	5.000%	6/30/43	EUR	6,100		7,499
1	Hannover Rueck SE	3.375%	12/31/49	EUR	100		118
	HeidelbergCement AG	2.250%	3/30/23	EUR	8,000		8,925
	HeidelbergCement AG	2.250%	6/3/24	EUR	10,700		11,976
	HeidelbergCement AG	1.500%	2/7/25	EUR	14,000		15,170
	HeidelbergCement Finance Luxembourg SA	1.625%	4/7/26	EUR	7,700		8,349
	HeidelbergCement Finance Luxembourg SA	1.500%	6/14/27	EUR	400		426
	HeidelbergCement Finance Luxembourg SA	1.125%	12/1/27	EUR	10,000		10,342
	HeidelbergCement Finance Luxembourg SA	1.750%	4/24/28	EUR	11,200		11,998
	Hella GmbH & Co. KGaA	1.000%	5/17/24	EUR	800		870
	Henkel AG & Co. KGaA	0.875%	9/13/22	GBP	13,779		17,158
	innogy Finance BV	6.500%	8/10/21	EUR	300		354
	innogy Finance BV	5.500%	7/6/22	GBP	1,100		1,504
	innogy Finance BV	5.625%	12/6/23	GBP	1,400		2,009
	innogy Finance BV	1.000%	4/13/25	EUR	5,000		5,626
	innogy Finance BV	1.625%	5/30/26	EUR	12,800		14,948
	innogy Finance BV	1.500%	7/31/29	EUR	29,680		34,234
	innogy Finance BV	6.250%	6/3/30	GBP	15,900		27,915
	innogy Finance BV	4.750%	1/31/34	GBP	5,400		8,915
	innogy Finance BV	6.125%	7/6/39	GBP	3,000		6,057
	LANXESS AG	0.250%	10/7/21	EUR	615		671
	LANXESS AG	2.625%	11/21/22	EUR	300		346
	LANXESS AG	1.125%	5/16/25	EUR	9,500		10,469

51

Total International Bond Index Fund

					Face		Market
			Maturity		Amount		Value•
		Coupon	Date	Currency	(000	)	($000	)
	LEG Immobilien AG	1.250%	1/23/24	EUR	800		879
	LEG Immobilien AG	0.875%	11/28/27	EUR	4,900		5,131
	Merck Financial Services GmbH	0.005%	12/15/23	EUR	20,000		21,820
	Merck Financial Services GmbH	0.875%	7/5/31	EUR	600		681
1	Merck KGaA	2.625%	12/12/74	EUR	2,000		2,205
1	Merck KGaA	3.375%	12/12/74	EUR	300		350
	Muenchener Hypothekenbank eG	0.500%	4/22/26	EUR	500		570
	Muenchener Hypothekenbank eG	0.625%	10/23/26	EUR	1,200		1,381
	Muenchener Hypothekenbank eG	0.625%	5/7/27	EUR	13,000		15,008
	Muenchener Hypothekenbank eG	0.625%	11/10/27	EUR	15,000		17,356
	Muenchener Hypothekenbank eG	1.000%	4/18/39	EUR	5,000		6,326
1	Muenchener Rueckversicherungs-Gesellschaft AG in Muenchen	6.250%	5/26/42	EUR	11,800		14,283
1	Muenchener Rueckversicherungs-Gesellschaft AG in Muenchen	6.625%	5/26/42	GBP	4,700		6,401
1	Muenchener Rueckversicherungs-Gesellschaft AG in Muenchen	3.250%	5/26/49	EUR	4,300		5,555
	O2 Telefonica Deutschland Finanzierungs GmbH	1.750%	7/5/25	EUR	6,700		7,632
	Roadster Finance DAC	2.375%	12/8/27	EUR	400		424
	Robert Bosch GmbH	1.750%	7/8/24	EUR	200		233
	Robert Bosch Investment Nederland BV	1.625%	5/24/21	EUR	800		888
	Robert Bosch Investment Nederland BV	2.625%	5/24/28	EUR	1,000		1,271
	Santander Consumer Bank AG	0.750%	10/17/22	EUR	18,700		20,322
	Santander Consumer Bank AG	0.250%	10/15/24	EUR	2,000		2,122
	SAP SE	1.125%	2/20/23	EUR	2,650		2,985
	SAP SE	0.750%	12/10/24	EUR	1,100		1,241
	SAP SE	1.250%	3/10/28	EUR	5,800		6,848
	SAP SE	1.625%	3/10/31	EUR	17,200		21,168
	Siemens Financieringsmaatschappij NV	0.000%	9/5/24	EUR	13,950		15,206
	Siemens Financieringsmaatschappij NV	2.750%	9/10/25	GBP	1,000		1,370
	Siemens Financieringsmaatschappij NV	2.875%	3/10/28	EUR	500		652
	Siemens Financieringsmaatschappij NV	0.125%	9/5/29	EUR	10,000		10,568
	Siemens Financieringsmaatschappij NV	1.375%	9/6/30	EUR	300		355
	Siemens Financieringsmaatschappij NV	1.250%	2/28/31	EUR	15,849		18,520
	Siemens Financieringsmaatschappij NV	0.500%	2/20/32	EUR	5,000		5,433
	Siemens Financieringsmaatschappij NV	1.750%	2/28/39	EUR	9,198		11,312
	Siemens Financieringsmaatschappij NV	3.750%	9/10/42	GBP	3,100		5,492
	Talanx AG	2.500%	7/23/26	EUR	2,000		2,440
1	Talanx AG	2.250%	12/5/47	EUR	10,200		11,489
1	Talanx Finanz Luxembourg SA	8.367%	6/15/42	EUR	4,000		5,015
	TLG Immobilien AG	1.375%	11/27/24	EUR	800		868
	TLG Immobilien AG	1.500%	5/28/26	EUR	9,800		10,237
	UniCredit Bank AG	0.125%	10/26/23	EUR	2,000		2,219
	UniCredit Bank AG	0.625%	11/20/25	EUR	6,700		7,676
	UniCredit Bank AG	0.850%	5/22/34	EUR	15,100		18,181
	Vier Gas Transport GmbH	3.125%	7/10/23	EUR	8,100		9,679
	Vier Gas Transport GmbH	2.875%	6/12/25	EUR	11,500		14,196
	Volkswagen Bank GmbH	0.625%	9/8/21	EUR	15,400		16,709
	Volkswagen Bank GmbH	1.250%	8/1/22	EUR	7,300		7,968
	Volkswagen Bank GmbH	0.750%	6/15/23	EUR	11,400		12,250
	Volkswagen Bank GmbH	1.250%	6/10/24	EUR	53,300		58,032
	Volkswagen Bank GmbH	1.250%	12/15/25	EUR	1,300		1,395
	Volkswagen Bank GmbH	2.500%	7/31/26	EUR	5,300		6,102
	Volkswagen Financial Services AG	0.625%	4/1/22	EUR	10,000		10,789

52

Total International Bond Index Fund

					Face		Market
			Maturity		Amount		Value•
		Coupon	Date	Currency	(000	)	($000	)
	Volkswagen Financial Services AG	0.875%	4/12/23	EUR	1,100		1,187
	Volkswagen Financial Services AG	1.500%	10/1/24	EUR	6,000		6,559
	Volkswagen Financial Services AG	2.250%	10/16/26	EUR	2,000		2,302
	Volkswagen Financial Services Australia Pty Ltd.	3.300%	2/28/22	AUD	3,490		2,287
	Volkswagen Financial Services NV	1.875%	9/7/21	GBP	400		500
	Volkswagen Financial Services NV	1.625%	6/9/22	GBP	3,600		4,459
	Volkswagen Financial Services NV	1.750%	9/12/22	GBP	1,000		1,241
	Volkswagen Financial Services NV	2.250%	4/12/25	GBP	600		743
	Volkswagen International Finance NV	3.375%	11/16/26	GBP	7,100		9,192
	Volkswagen International Finance NV	1.875%	3/30/27	EUR	13,700		15,410
	Volkswagen International Finance NV	3.250%	11/18/30	EUR	1,800		2,242
	Volkswagen International Finance NV	3.300%	3/22/33	EUR	800		996
	Volkswagen International Finance NV	4.125%	11/16/38	EUR	16,200		22,575
1	Volkswagen International Finance NV	4.625%	3/29/49	EUR	2,000		2,213
1	Volkswagen International Finance NV	3.500%	12/29/49	EUR	10,200		10,541
1	Volkswagen International Finance NV	3.375%	12/31/49	EUR	16,500		17,401
1	Volkswagen International Finance NV	4.625%	12/31/49	EUR	1,400		1,525
1	Volkswagen International Finance NV	5.125%	12/31/49	EUR	4,100		4,594
1	Volkswagen International Finance NV	2.700%	12/14/65	EUR	21,500		22,474
1	Volkswagen International Finance NV	3.875%	6/14/66	EUR	10,400		10,791
	Volkswagen Leasing GmbH	0.250%	2/16/21	EUR	10,300		11,178
	Volkswagen Leasing GmbH	2.125%	4/4/22	EUR	9,600		10,645
	Volkswagen Leasing GmbH	2.375%	9/6/22	EUR	10,000		11,229
	Volkswagen Leasing GmbH	1.000%	2/16/23	EUR	11,450		12,427
	Volkswagen Leasing GmbH	2.625%	1/15/24	EUR	2,300		2,639
	Volkswagen Leasing GmbH	1.125%	4/4/24	EUR	10,500		11,363
	Volkswagen Leasing GmbH	1.375%	1/20/25	EUR	11,600		12,574
	Volkswagen Leasing GmbH	1.625%	8/15/25	EUR	2,180		2,382
	Vonovia Finance BV	3.625%	10/8/21	EUR	3,100		3,530
	Vonovia Finance BV	0.750%	1/25/22	EUR	100		109
	Vonovia Finance BV	0.875%	7/3/23	EUR	700		770
	Vonovia Finance BV	2.250%	12/15/23	EUR	12,700		14,661
	Vonovia Finance BV	1.500%	3/31/25	EUR	5,100		5,806
	Vonovia Finance BV	1.800%	6/29/25	EUR	24,900		28,522
	Vonovia Finance BV	1.125%	9/8/25	EUR	2,500		2,773
	Vonovia Finance BV	1.500%	3/22/26	EUR	18,600		20,979
	Vonovia Finance BV	1.500%	6/10/26	EUR	5,000		5,625
	Vonovia Finance BV	1.750%	1/25/27	EUR	200		228
	Vonovia Finance BV	0.625%	10/7/27	EUR	6,000		6,307
	Vonovia Finance BV	1.500%	1/14/28	EUR	1,100		1,236
	Vonovia Finance BV	1.125%	9/14/34	EUR	10,000		10,326
	Vonovia Finance BV	2.750%	3/22/38	EUR	200		245
1	Vonovia Finance BV	4.000%	12/29/49	EUR	2,300		2,561
	VW Credit Canada Inc.	3.250%	3/29/23	CAD	8,500		6,118
	Wintershall Dea Finance BV	0.840%	9/25/25	EUR	10,000		9,746
	Wintershall Dea Finance BV	1.823%	9/25/31	EUR	10,000		8,970
	WL BANK AG Westfaelische Landschaft Bodenkreditbank	0.100%	8/31/26	EUR	1,000		1,115
	Wuerth Finance International BV	1.000%	5/19/22	EUR	400		441
							2,297,518
Sovereign Bonds (8.4%)
	Bayerische Landesbodenkreditanstalt	1.875%	1/25/23	EUR	6,290		7,297
	Bayerische Landesbodenkreditanstalt	1.750%	4/24/24	EUR	3,000		3,553
	Bundesschatzanweisungen	0.000%	12/10/21	EUR	100,000		110,847

53

Total International Bond Index Fund

						Face			Market
			Maturity			Amount			Value•
		Coupon		Date	Currency		(000	)		($000	)
	Deutsche Bahn Finance BV	1.500%		8/26/24	CHF		1,000			1,110
	Deutsche Bahn Finance BV	3.125%		7/24/26	GBP		500			699
	Deutsche Bahn Finance GmbH	3.750%		6/1/21	EUR		2,000			2,278
	Deutsche Bahn Finance GmbH	0.000%		7/19/21	EUR		29,000			31,741
	Deutsche Bahn Finance GmbH	2.750%		6/20/22	GBP		1,600			2,088
	Deutsche Bahn Finance GmbH	2.500%		9/12/23	EUR		18,500			21,868
	Deutsche Bahn Finance GmbH	3.000%		3/8/24	EUR		4,000			4,847
	Deutsche Bahn Finance GmbH	3.500%		9/27/24	AUD		2,950			2,065
	Deutsche Bahn Finance GmbH	1.375%		7/7/25	GBP		4,408			5,578
	Deutsche Bahn Finance GmbH	3.750%		7/9/25	EUR		5,919			7,604
	Deutsche Bahn Finance GmbH	1.250%		10/23/25	EUR		2,500			2,907
	Deutsche Bahn Finance GmbH	1.875%		2/13/26	GBP		9,128			11,883
	Deutsche Bahn Finance GmbH	1.125%		12/18/28	EUR		630			740
	Deutsche Bahn Finance GmbH	2.750%		3/19/29	EUR		3,500			4,627
	Deutsche Bahn Finance GmbH	1.625%		11/6/30	EUR		100			123
	Deutsche Bahn Finance GmbH	1.375%		3/28/31	EUR		3,000			3,596
	Deutsche Bahn Finance GmbH	0.875%		7/11/31	EUR		2,700			3,063
	Deutsche Bahn Finance GmbH	1.500%		12/8/32	EUR		7,000			8,485
	Deutsche Bahn Finance GmbH	1.625%		8/16/33	EUR		15,200			18,796
	Deutsche Bahn Finance GmbH	0.750%		7/16/35	EUR		7,000			7,791
1	EnBW Energie Baden-Wuerttemberg AG	3.375%		4/5/77	EUR		2,500			2,782
1	EnBW Energie Baden-Wuerttemberg AG	1.625%		8/5/79	EUR		3,100			3,196
1	EnBW Energie Baden-Wuerttemberg AG	1.125%		11/5/79	EUR		3,000			3,130
	EnBW International Finance BV	2.500%		6/4/26	EUR		2,000			2,459
	EnBW International Finance BV	6.125%		7/7/39	EUR		4,285			8,311
	ENTEGA Netz AG	6.125%		4/23/41	EUR		400			675
	EWE AG	5.250%		7/16/21	EUR		8,950			10,350
	Federal Republic of Germany	0.000%		4/9/21	EUR		202,800			223,439
	Federal Republic of Germany	3.250%		7/4/21	EUR		21,400			24,516
	Federal Republic of Germany	2.250%		9/4/21	EUR		67,400			76,753
	Federal Republic of Germany	0.000%		10/8/21	EUR		233,000			257,989
	Federal Republic of Germany	2.000%		1/4/22	EUR		480			551
	Federal Republic of Germany	0.000%		4/8/22	EUR		230,000			255,722
8	Federal Republic of Germany	1.750%		7/4/22	EUR		220,771			255,208
	Federal Republic of Germany	1.500%		9/4/22	EUR		10,000			11,547
	Federal Republic of Germany	0.000%		10/7/22	EUR		97,500			108,851
	Federal Republic of Germany	1.500%		2/15/23	EUR		65,530			76,460
	Federal Republic of Germany	0.000%		4/14/23	EUR		75,000			84,112
	Federal Republic of Germany	1.500%		5/15/23	EUR		78,500			92,049
	Federal Republic of Germany	2.000%		8/15/23	EUR		81,500			97,612
	Federal Republic of Germany	0.000%		10/13/23	EUR		71,568			80,614
	Federal Republic of Germany	6.250%		1/4/24	EUR		25,000			34,525
	Federal Republic of Germany	1.750%		2/15/24	EUR		14,500			17,443
8	Federal Republic of Germany	0.000%		4/5/24	EUR		83,000			93,766
8	Federal Republic of Germany	1.500%		5/15/24	EUR		209,404			250,976
	Federal Republic of Germany	1.000%		8/15/24	EUR		100,000			118,116
	Federal Republic of Germany	0.000%		10/18/24	EUR		555,000			629,545
	Federal Republic of Germany	0.000%		4/11/25	EUR		415,973			473,168
	Federal Republic of Germany	0.500%		2/15/26	EUR		262,000			308,567
	Federal Republic of Germany	0.000%		8/15/26	EUR		44,000			50,540
	Federal Republic of Germany	0.250%		2/15/27	EUR		198,400			232,330
	Federal Republic of Germany	6.500%		7/4/27	EUR		54,400			91,171
	Federal Republic of Germany	0.500%		8/15/27	EUR		27,073			32,358
	Federal Republic of Germany	5.625%		1/4/28	EUR		7,365			12,076

54

Total International Bond Index Fund

							Face			Market
			Maturity				Amount			Value•
		Coupon	Date		Currency		(000		)	($000		)
	Federal Republic of Germany	0.500%		2/15/28		EUR		19,300			23,170
	Federal Republic of Germany	4.750%		7/4/28		EUR		53,500			85,142
	Federal Republic of Germany	0.250%		8/15/28		EUR		139,801			165,239
8	Federal Republic of Germany	0.250%		2/15/29		EUR		462,000			547,666
	Federal Republic of Germany	0.000%		8/15/29		EUR		52,746			61,209
8	Federal Republic of Germany	0.000%		2/15/30		EUR		892,400			1,036,034
	Federal Republic of Germany	5.500%		1/4/31		EUR		81,400			148,744
11	Federal Republic of Germany	4.750%		7/4/34		EUR		47,800			92,661
	Federal Republic of Germany	4.000%		1/4/37		EUR		141,268			272,954
	Federal Republic of Germany	4.250%		7/4/39		EUR		59,400			124,828
	Federal Republic of Germany	4.750%		7/4/40		EUR		45,785			103,826
	Federal Republic of Germany	3.250%		7/4/42		EUR		62,994			125,540
8	Federal Republic of Germany	2.500%		7/4/44		EUR		246,000			456,264
	Federal Republic of Germany	2.500%		8/15/46		EUR		86,550			165,186
8	Federal Republic of Germany	1.250%		8/15/48		EUR		291,352			454,726
	Federal Republic of Germany	0.000%		8/15/50		EUR		37,300			43,333
	FMS Wertmanagement	0.000%		11/13/20		EUR		25,000			27,429
	FMS Wertmanagement	0.625%		6/15/22		GBP		14,600			18,419
	FMS Wertmanagement	1.000%		9/7/22		GBP		5,000			6,365
	FMS Wertmanagement	1.125%		3/20/23		GBP		17,600			22,529
	FMS Wertmanagement	1.375%		3/7/25		GBP		20,000			26,108
	FMS Wertmanagement	0.375%		4/29/30		EUR		7,000			8,031
10	FMS Wertmanagement AoeR	0.875%		5/14/21		GBP		21,300			26,971
	FMS Wertmanagement AoeR	3.375%		6/17/21		EUR		11,000			12,552
	FMS Wertmanagement AoeR	0.050%		7/6/21		EUR		10,000			11,007
	FMS Wertmanagement AoeR	3.000%		9/8/21		EUR		6,000			6,871
	Free and Hanseatic City of Hamburg	1.000%		6/18/21		EUR		9,500			10,555
	Free and Hanseatic City of Hamburg	1.875%		9/26/22		EUR		9,000			10,362
	Free and Hanseatic City of Hamburg	0.250%		1/20/25		EUR		23,000			25,724
	Free and Hanseatic City of Hamburg	1.450%		11/5/38		EUR		15,000			19,941
	Gemeinsame Deutsche Bundeslaender	1.500%		1/29/21		EUR		5,000			5,546
	Gemeinsame Deutsche Bundeslaender	1.750%		6/13/22		EUR		14,000			15,986
	Gemeinsame Deutsche Bundeslaender	1.750%		1/31/23		EUR		8,000			9,244
	Gemeinsame Deutsche Bundeslaender	0.125%		4/14/23		EUR		10,000			11,078
	Gemeinsame Deutsche Bundeslaender	2.250%		10/23/23		EUR		175			208
	Gemeinsame Deutsche Bundeslaender	0.250%		3/18/24		EUR		25,000			27,931
	Gemeinsame Deutsche Bundeslaender	1.125%		9/30/24		EUR		5,500			6,387
	Gemeinsame Deutsche Bundeslaender	0.500%		2/5/25		EUR		16,800			19,029
	Gemeinsame Deutsche Bundeslaender	0.375%		4/17/25		EUR		20,000			22,569
	Gemeinsame Deutsche Bundeslaender	0.625%		2/13/29		EUR		4,000			4,642
10	KFW	6.250%		5/19/21		AUD		11,000			7,593
10	KFW	5.550%		6/7/21		GBP		19,000			25,279
10	KFW	0.000%		6/30/21		EUR		51,300			56,473
10	KFW	3.500%		7/4/21		EUR		25,000			28,650
10	KFW	2.500%		1/17/22		EUR		12,000			13,812
10	KFW	2.000%		2/7/22		CAD		13,035			9,559
10	KFW	5.500%		2/9/22		AUD		29,200			20,679
10	KFW	0.875%		3/15/22		GBP		20,000			25,391
10	KFW	0.000%		4/28/22		EUR		42,900			47,424
10	KFW	2.900%		6/6/22		AUD		25,275			17,269
10	KFW	0.000%		6/30/22		EUR		17,300			19,138
10	KFW	0.625%		7/4/22		EUR		20,000			22,435
10	KFW	0.000%		12/15/22		EUR		25,000			27,694
10	KFW	2.800%		3/7/23		AUD		25,600			17,671

55

Total International Bond Index Fund

						Face			Market
			Maturity			Amount			Value•
		Coupon		Date	Currency		(000	)		($000	)
10	KFW	0.375%		3/15/23	EUR		25,000			28,012
10	KFW	2.125%		8/15/23	EUR		20,000			23,754
10	KFW	0.000%		9/15/23	EUR		32,000			35,537
10	KFW	0.125%		11/7/23	EUR		10,823			12,078
10	KFW	1.250%		12/29/23	GBP		20,550			26,499
10	KFW	0.125%		1/15/24	EUR		20,000			22,334
10	KFW	5.000%		3/19/24	AUD		2,000			1,509
10	KFW	0.000%		4/2/24	EUR		16,700			18,576
10	KFW	0.050%		5/30/24	EUR		3,000			3,346
10	KFW	1.500%		6/11/24	EUR		22,460			26,541
10	KFW	0.875%		7/18/24	GBP		700			893
10	KFW	1.500%		7/24/24	AUD		1,550			1,036
10	KFW	0.125%		10/4/24	EUR		81,011			90,834
10	KFW	1.375%		12/9/24	GBP		10,000			13,008
10	KFW	0.625%		1/15/25	EUR		78,675			90,378
10	KFW	4.000%		2/27/25	AUD		3,900			2,906
10	KFW	0.375%		4/23/25	EUR		29,000			32,977
10	KFW	5.500%		6/18/25	GBP		20,000			31,240
10	KFW	2.500%		8/25/25	CHF		21,500			25,733
10	KFW	0.250%		9/15/25	EUR		25,000			28,287
10	KFW	0.375%		3/9/26	EUR		44,500			50,796
10	KFW	3.200%		9/11/26	AUD		8,460			6,218
10	KFW	0.000%		9/30/26	EUR		21,250			23,752
10	KFW	0.625%		2/22/27	EUR		38,000			44,286
10	KFW	0.500%		9/15/27	EUR		65,000			75,325
10	KFW	0.625%		1/7/28	EUR		40,000			46,798
10	KFW	3.200%		3/15/28	AUD		1,450			1,074
10	KFW	0.750%		6/28/28	EUR		20,000			23,673
10	KFW	6.000%		12/7/28	GBP		10,000			18,118
10	KFW	0.750%		1/15/29	EUR		20,000			23,745
10	KFW	0.375%		4/23/30	EUR		15,000			17,220
10	KFW	5.750%		6/7/32	GBP		10,500			20,644
10	KFW	1.125%		5/9/33	EUR		39,000			48,982
10	KFW	0.050%		9/29/34	EUR		375			412
10	KFW	1.375%		7/31/35	EUR		14,000			18,405
10	KFW	1.250%		7/4/36	EUR		23,000			29,948
10	KFW	4.875%		3/15/37	GBP		1,986			4,084
10	KFW	4.700%		6/2/37	CAD		2,350			2,422
10	KFW	1.125%		6/15/37	EUR		10,000			12,868
10	KFW	0.875%		7/4/39	EUR		5,000			6,281
	Land Berlin	0.000%		9/15/22	EUR		9,000			9,926
	Land Berlin	0.500%		2/10/25	EUR		21,000			23,796
	Land Berlin	0.250%		4/22/25	EUR		10,000			11,189
	Land Berlin	0.750%		4/3/34	EUR		10,490			12,409
	Land Berlin	1.375%		6/5/37	EUR		5,000			6,577
	Land Berlin	1.375%		8/27/38	EUR		5,000			6,666
	Land Thueringen	0.500%		5/12/25	EUR		4,500			5,101
	Land Thueringen	0.200%		10/26/26	EUR		15,000			16,765
	Landesbank Baden-Wuerttemberg	0.200%		12/13/21	EUR		7,000			7,601
	Landesbank Baden-Wuerttemberg	0.500%		6/7/22	EUR		3,000			3,255
	Landesbank Baden-Wuerttemberg	0.375%		5/24/24	EUR		1,500			1,610
	Landesbank Baden-Wuerttemberg	0.010%		9/18/28	EUR		8,210			9,068
	Landeskreditbank Baden-Wuerttemberg Foerderbank	2.250%		2/17/21	AUD		20,500			13,520

56

Total International Bond Index Fund

							Face			Market
			Maturity				Amount			Value•
		Coupon	Date		Currency		(000		)	($000		)
	Landeskreditbank Baden-Wuerttemberg Foerderbank	1.125%		5/17/21		GBP		5,700			7,226
	Landeskreditbank Baden-Wuerttemberg Foerderbank	4.250%		8/7/25		AUD		11,800			8,936
	Landeskreditbank Baden-Wuerttemberg Foerderbank	0.375%		4/13/26		EUR		15,000			17,037
10	Landwirtschaftliche Rentenbank	1.125%		5/12/21		GBP		1,049			1,331
10	Landwirtschaftliche Rentenbank	2.875%		8/30/21		EUR		13,000			14,851
10	Landwirtschaftliche Rentenbank	5.500%		3/29/22		AUD		8,500			6,053
10	Landwirtschaftliche Rentenbank	1.250%		5/20/22		EUR		5,000			5,657
10	Landwirtschaftliche Rentenbank	2.700%		9/5/22		AUD		13,000			8,880
10	Landwirtschaftliche Rentenbank	0.250%		11/24/22		EUR		10,000			11,117
10	Landwirtschaftliche Rentenbank	0.625%		12/15/22		GBP		4,000			5,055
10	Landwirtschaftliche Rentenbank	4.250%		1/24/23		AUD		53,600			38,289
10	Landwirtschaftliche Rentenbank	0.050%		6/12/23		EUR		15,000			16,628
10	Landwirtschaftliche Rentenbank	1.125%		12/15/23		GBP		14,600			18,769
10	Landwirtschaftliche Rentenbank	0.375%		1/22/24		EUR		28,985			32,561
10	Landwirtschaftliche Rentenbank	4.750%		4/8/24		AUD		4,000			3,003
10	Landwirtschaftliche Rentenbank	4.250%		1/9/25		AUD		16,500			12,413
10	Landwirtschaftliche Rentenbank	0.500%		3/6/25		EUR		23,000			26,147
10	Landwirtschaftliche Rentenbank	0.375%		3/16/26		EUR		26,500			30,045
10	Landwirtschaftliche Rentenbank	2.600%		3/23/27		AUD		4,700			3,330
10	Landwirtschaftliche Rentenbank	0.625%		5/18/27		EUR		32,300			37,426
10	Landwirtschaftliche Rentenbank	0.375%		2/14/28		EUR		10,000			11,422
10	Landwirtschaftliche Rentenbank	3.250%		4/12/28		AUD		4,350			3,220
10	Landwirtschaftliche Rentenbank	0.625%		2/20/30		EUR		20,000			23,412
	NRW Bank	0.000%		8/2/21		EUR		20,000			21,982
	NRW Bank	0.250%		1/20/22		EUR		45,000			49,742
	NRW Bank	0.000%		2/1/22		EUR		30,000			33,009
	NRW Bank	1.000%		6/15/22		GBP		1,000			1,270
	NRW Bank	0.100%		1/10/23		EUR		25,000			27,688
	NRW Bank	0.125%		3/10/23		EUR		5,000			5,546
	NRW Bank	0.250%		3/10/25		EUR		15,000			16,807
	NRW Bank	0.625%		2/11/26		EUR		15,000			17,236
	NRW Bank	0.500%		5/11/26		EUR		12,000			13,700
	NRW Bank	0.250%		9/28/26		EUR		5,950			6,678
	NRW Bank	0.625%		2/23/27		EUR		15,000			17,299
	NRW Bank	0.500%		9/13/27		EUR		15,000			17,202
	NRW Bank	0.625%		1/4/28		EUR		7,000			8,101
	NRW Bank	0.375%		5/16/29		EUR		7,250			8,241
	NRW Bank	1.250%		5/13/49		EUR		10,000			13,936
	State of Baden-Wurttemberg	1.000%		7/18/22		EUR		5,000			5,633
	State of Baden-Wurttemberg	2.000%		11/13/23		EUR		8,000			9,463
	State of Baden-Wurttemberg	0.625%		2/9/27		EUR		10,000			11,535
	State of Berlin	1.500%		1/21/21		EUR		3,300			3,661
	State of Berlin	3.125%		8/17/21		EUR		30,300			34,640
	State of Berlin	0.750%		11/11/22		EUR		10,000			11,235
	State of Berlin	1.875%		6/12/23		EUR		1,800			2,101
	State of Berlin	0.625%		3/20/26		EUR		40,000			45,845
	State of Berlin	1.000%		5/19/32		EUR		15,000			18,211
	State of Berlin	0.625%		8/25/36		EUR		2,500			2,942
	State of Brandenburg	3.500%		6/15/21		EUR		15,000			17,125
	State of Brandenburg	0.750%		8/8/36		EUR		10,000			12,010
	State of Brandenburg	1.450%		11/26/38		EUR		10,000			13,497

57

Total International Bond Index Fund

							Face			Market
			Maturity				Amount			Value•
		Coupon	Date		Currency		(000		)	($000		)
	State of Bremen	0.500%		7/30/21		EUR		15,000			16,589
	State of Bremen	0.500%		3/3/25		EUR		13,000			14,692
	State of Bremen	1.500%		11/12/38		EUR		4,930			6,656
	State of Bremen	1.000%		5/27/39		EUR		12,500			15,567
	State of Hesse	3.000%		8/23/21		EUR		12,000			13,708
10	State of Hesse	0.000%		9/15/21		EUR		4,900			5,395
	State of Hesse	0.375%		7/4/22		EUR		10,000			11,104
	State of Hesse	1.750%		1/20/23		EUR		3,000			3,466
	State of Hesse	0.375%		3/10/23		EUR		38,000			42,340
	State of Hesse	0.125%		1/25/24		EUR		1,995			2,212
	State of Hesse	1.375%		6/10/24		EUR		4,000			4,667
	State of Hesse	0.500%		2/17/25		EUR		10,500			11,883
	State of Hesse	0.250%		6/10/25		EUR		25,000			27,986
	State of Hesse	0.375%		7/6/26		EUR		59,900			67,821
	State of Hesse	1.300%		10/10/33		EUR		5,000			6,281
	State of Hesse	0.750%		8/4/36		EUR		12,000			14,258
	State of Lower Saxony	2.750%		9/13/21		EUR		21,500			24,512
	State of Lower Saxony	0.000%		1/10/22		EUR		10,000			11,002
	State of Lower Saxony	1.000%		8/18/22		EUR		11,000			12,394
	State of Lower Saxony	0.050%		11/10/22		EUR		10,000			11,031
	State of Lower Saxony	0.375%		1/19/23		EUR		15,000			16,722
	State of Lower Saxony	0.125%		3/7/23		EUR		20,000			22,156
	State of Lower Saxony	2.125%		10/11/23		EUR		1,000			1,186
	State of Lower Saxony	2.125%		1/16/24		EUR		310			370
	State of Lower Saxony	0.000%		8/2/24		EUR		47,000			52,036
	State of Lower Saxony	0.625%		1/20/25		EUR		10,000			11,389
	State of Lower Saxony	0.375%		1/9/26		EUR		20,687			23,356
	State of Lower Saxony	0.500%		6/8/26		EUR		2,500			2,849
	State of Lower Saxony	0.125%		4/8/27		EUR		2,000			2,229
	State of Lower Saxony	0.625%		7/6/27		EUR		20,000			23,067
	State of Lower Saxony	0.375%		5/14/29		EUR		6,000			6,823
	State of North Rhine-Westphalia Germany	1.500%		1/14/21		EUR		4,000			4,436
	State of North Rhine-Westphalia Germany	0.375%		10/19/21		EUR		10,000			11,055
	State of North Rhine-Westphalia Germany	1.375%		5/16/22		EUR		5,050			5,716
	State of North Rhine-Westphalia Germany	0.375%		2/16/23		EUR		4,300			4,791
	State of North Rhine-Westphalia Germany	0.200%		4/17/23		EUR		22,000			24,414
	State of North Rhine-Westphalia Germany	0.200%		2/16/24		EUR		29,866			33,162
	State of North Rhine-Westphalia Germany	1.875%		3/15/24		EUR		1,950			2,312
	State of North Rhine-Westphalia Germany	1.000%		1/16/25		EUR		220			255
	State of North Rhine-Westphalia Germany	0.500%		3/11/25		EUR		3,000			3,401
	State of North Rhine-Westphalia Germany	2.000%		10/15/25		EUR		3,000			3,680
	State of North Rhine-Westphalia Germany	0.750%		1/16/26		EUR		15,000			17,305
	State of North Rhine-Westphalia Germany	0.250%		3/13/26		EUR		17,320			19,437
	State of North Rhine-Westphalia Germany	0.500%		4/16/26		EUR		10,000			11,390
	State of North Rhine-Westphalia Germany	0.500%		2/16/27		EUR		20,400			23,298
	State of North Rhine-Westphalia Germany	0.950%		3/13/28		EUR		28,000			33,170
	State of North Rhine-Westphalia Germany	1.625%		10/24/30		EUR		10,000			12,758
	State of North Rhine-Westphalia Germany	0.625%		7/21/31		EUR		15,000			17,457
	State of North Rhine-Westphalia Germany	2.375%		5/13/33		EUR		36,400			51,634
	State of North Rhine-Westphalia Germany	1.100%		3/13/34		EUR		27,000			33,453
	State of North Rhine-Westphalia Germany	1.250%		5/12/36		EUR		14,000			17,991
	State of North Rhine-Westphalia Germany	1.650%		2/22/38		EUR		10,000			13,692
	State of North Rhine-Westphalia Germany	1.500%		6/12/40		EUR		10,000			13,762
	State of North Rhine-Westphalia Germany	0.750%		8/16/41		EUR		2,000			2,430

58

Total International Bond Index Fund

					Face			Market
		Maturity			Amount			Value•
	Coupon		Date	Currency		(000	)		($000	)
State of North Rhine-Westphalia Germany	1.450%		2/16/43	EUR		5,000			6,943
State of North Rhine-Westphalia Germany	1.650%		5/16/47	EUR		10,000			15,011
State of North Rhine-Westphalia Germany	1.550%		6/16/48	EUR		10,000			14,830
State of North Rhine-Westphalia Germany	0.800%		7/30/49	EUR		10,575			13,389
State of North Rhine-Westphalia Germany	1.750%		10/26/57	EUR		16,000			26,865
State of North Rhine-Westphalia Germany	1.750%		7/11/68	EUR		5,000			8,663
State of North Rhine-Westphalia Germany	1.950%		9/26/78	EUR		18,700			35,730
State of North Rhine-Westphalia Germany	2.150%		3/21/19	EUR		20,030			39,282
State of Rhineland-Palatinate	0.500%		9/3/21	EUR		5,000			5,534
State of Rhineland-Palatinate	2.375%		2/23/22	EUR		2,500			2,868
State of Rhineland-Palatinate	0.500%		1/21/25	EUR		6,000			6,795
State of Rhineland-Palatinate	0.100%		8/18/26	EUR		10,000			11,130
State of Rhineland-Palatinate	0.700%		1/26/28	EUR		10,000			11,598
State of Saxony-Anhalt	1.625%		4/25/23	EUR		4,000			4,630
State of Saxony-Anhalt	1.875%		4/10/24	EUR		9,000			10,680
State of Saxony-Anhalt	0.500%		6/25/27	EUR		2,500			2,861
State of Schleswig-Holstein Germany	0.500%		5/19/26	EUR		40,900			46,580
Wirtschafts- und Infrastrukturbank Hessen	1.750%		12/6/22	EUR		2,500			2,879
									11,905,735
Total Germany (Cost $14,642,790)									14,801,888
Hong Kong (0.0%)
Corporate Bonds (0.0%)
Cheung Kong Infrastructure Finance BVI Ltd.	1.000%		12/12/24	EUR		600			651
Hong Kong & Shanghai Banking Corp. Ltd.	2.750%		8/16/21	AUD		400			266
Hongkong & Shanghai Banking Corp. Ltd.	0.204%		6/25/24	JPY		600,000			5,554
									6,471
Sovereign Bonds (0.0%)
Hong Kong Special Administrative Region	2.220%		8/7/24	HKD		30,000			4,178
Hong Kong Special Administrative Region	1.680%		1/21/26	HKD		10,000			1,384
Hong Kong Special Administrative Region	1.970%		1/17/29	HKD		120,000			17,317
									22,879
Total Hong Kong (Cost $27,458)									29,350
Hungary (0.1%)
Sovereign Bonds (0.1%)
Republic of Hungary	0.500%		4/21/21	HUF		4,032,670			12,450
Republic of Hungary	2.500%		10/27/21	HUF		900,000			2,851
Republic of Hungary	7.000%		6/24/22	HUF		534,000			1,862
Republic of Hungary	1.750%		10/26/22	HUF		400,000			1,254
Republic of Hungary	6.000%		11/24/23	HUF		2,910,000			10,441
Republic of Hungary	2.500%		10/24/24	HUF		1,467,000			4,756
Republic of Hungary	5.500%		6/24/25	HUF		6,037,430			22,450
Republic of Hungary	1.250%		10/22/25	EUR		13,500			14,742
Republic of Hungary	2.750%		12/22/26	HUF		6,950,000			23,083
Republic of Hungary	1.750%		10/10/27	EUR		4,400			4,892
Republic of Hungary	3.000%		10/27/27	HUF		19,922,490			67,000
Republic of Hungary	6.750%		10/22/28	HUF		800,000			3,421
Republic of Hungary	3.000%		8/21/30	HUF		1,900,000			6,452
Republic of Hungary	3.250%		10/22/31	HUF		950,000			3,309

59

Total International Bond Index Fund

							Face			Market
			Maturity				Amount			Value•
		Coupon	Date		Currency		(000		)	($000		)
Total Hungary (Cost $190,866)											178,963
Indonesia (0.7%)
Sovereign Bonds (0.7%)
	Indonesia Treasury Bond	6.500%		6/15/25		IDR		215,000,000			14,013
	Indonesia Treasury Bond	7.000%		9/15/30		IDR		919,322,000			57,354
	Indonesia Treasury Bond	6.625%		5/15/33		IDR		2,049,414,000			121,383
	Indonesia Treasury Bond	7.500%		5/15/38		IDR		719,972,000			45,461
	Republic of Indonesia	2.875%		7/8/21		EUR		11,020			12,151
	Republic of Indonesia	8.250%		7/15/21		IDR		150,000,000			10,356
	Republic of Indonesia	5.625%		5/15/23		IDR		913,604,000			59,522
	Republic of Indonesia	2.625%		6/14/23		EUR		200			220
	Republic of Indonesia	8.375%		3/15/24		IDR		1,440,785,000			100,423
	Republic of Indonesia	8.125%		5/15/24		IDR		550,000,000			38,133
	Republic of Indonesia	1.750%		4/24/25		EUR		13,400			14,036
	Republic of Indonesia	8.375%		9/15/26		IDR		675,000,000			47,205
	Republic of Indonesia	1.450%		9/18/26		EUR		4,420			4,493
	Republic of Indonesia	0.900%		2/14/27		EUR		6,370			6,219
	Republic of Indonesia	7.000%		5/15/27		IDR		1,591,251,000			102,354
	Republic of Indonesia	6.125%		5/15/28		IDR		1,843,000,000			109,725
	Republic of Indonesia	3.750%		6/14/28		EUR		18,700			21,912
	Republic of Indonesia	8.250%		5/15/29		IDR		1,134,350,000			77,632
	Republic of Indonesia	7.500%		8/15/32		IDR		200,000,000			12,827
	Republic of Indonesia	8.375%		3/15/34		IDR		50,000,000			3,414
	Republic of Indonesia	7.500%		6/15/35		IDR		400,200,000			25,478
	Republic of Indonesia	8.250%		5/15/36		IDR		467,800,000			31,717
	Republic of Indonesia	9.750%		5/15/37		IDR		130,303,000			9,967
Total Indonesia (Cost $1,003,189)											925,995
Ireland (0.7%)
Asset-Backed/Commercial Mortgage-Backed Securities (0.0%)
	AIB Mortgage Bank	0.625%		2/3/22		EUR		3,000			3,333
Corporate Bonds (0.1%)
	Bank of Ireland Group plc	1.375%		8/29/23		EUR		15,200			16,323
1	Bank of Ireland Group plc	1.000%		11/25/25		EUR		22,000			22,842
	CRH Finance DAC	3.125%		4/3/23		EUR		10,850			12,668
	CRH Finance DAC	1.375%		10/18/28		EUR		1,400			1,553
	CRH Finance Switzerland AG	1.375%		9/30/22		CHF		5,300			5,587
	Dali Capital plc	4.799%		12/21/37		GBP		550			922
	Freshwater Finance plc	5.182%		4/20/35		GBP		2,000			3,469
	Freshwater Finance plc	4.607%		10/17/36		GBP		1,125			1,890
	Kerry Group Financial Services	2.375%		9/10/25		EUR		10,500			12,575
	Ryanair DAC	1.125%		8/15/23		EUR		3,000			2,859
											80,688
Sovereign Bonds (0.6%)
	ESB Finance DAC	1.875%		6/14/31		EUR		5,000			5,934
	ESB Finance DAC	2.125%		11/5/33		EUR		11,100			13,550
	ESB Finance Ltd.	3.494%		1/12/24		EUR		1,000			1,213
	ESB Finance Ltd.	2.125%		6/8/27		EUR		6,324			7,590
	GAS Networks Ireland	1.375%		12/5/26		EUR		2,500			2,847
	Republic of Ireland	5.000%		10/18/20		EUR		48,006			53,862
	Republic of Ireland	0.800%		3/15/22		EUR		57,280			64,300
	Republic of Ireland	0.000%		10/18/22		EUR		30,500			33,805

60

Total International Bond Index Fund

							Face			Market
			Maturity				Amount			Value•
		Coupon	Date		Currency		(000		)	($000		)
	Republic of Ireland	3.900%		3/20/23		EUR		22,965			28,320
	Republic of Ireland	3.400%		3/18/24		EUR		103,200			129,630
	Republic of Ireland	1.000%		5/15/26		EUR		91,950			107,848
	Republic of Ireland	0.200%		5/15/27		EUR		119,922			133,656
	Republic of Ireland	0.900%		5/15/28		EUR		22,884			26,954
	Republic of Ireland	1.100%		5/15/29		EUR		25,000			30,003
	Republic of Ireland	2.400%		5/15/30		EUR		29,090			39,137
	Republic of Ireland	1.350%		3/18/31		EUR		40,000			49,231
	Republic of Ireland	1.300%		5/15/33		EUR		20,400			25,236
	Republic of Ireland	0.400%		5/15/35		EUR		22,365			24,456
	Republic of Ireland	1.700%		5/15/37		EUR		25,190			33,100
	Republic of Ireland	2.000%		2/18/45		EUR		42,390			61,345
	Republic of Ireland	1.500%		5/15/50		EUR		27,526			36,315
											908,332
Total Ireland (Cost $967,733)											992,353
Israel (0.3%)
Sovereign Bonds (0.3%)
	State of Israel	1.000%		4/30/21		ILS		65,000			18,814
	State of Israel	5.500%		1/31/22		ILS		20,000			6,274
	State of Israel	1.250%		11/30/22		ILS		95,170			28,026
	State of Israel	4.250%		3/31/23		ILS		73,000			23,380
	State of Israel	1.500%		11/30/23		ILS		54,800			16,403
	State of Israel	2.875%		1/29/24		EUR		5,900			7,000
	State of Israel	3.750%		3/31/24		ILS		37,000			12,038
	State of Israel	1.750%		8/31/25		ILS		229,500			70,424
	State of Israel	6.250%		10/30/26		ILS		56,360			22,085
	State of Israel	1.500%		1/18/27		EUR		25,607			29,349
	State of Israel	2.000%		3/31/27		ILS		162,000			51,035
	State of Israel	2.250%		9/28/28		ILS		228,700			74,152
	State of Israel	1.500%		1/16/29		EUR		5,000			5,730
	State of Israel	1.000%		3/31/30		ILS		44,562			13,085
	State of Israel	5.500%		1/31/42		ILS		66,000			33,172
	State of Israel	3.750%		3/31/47		ILS		51,000			21,171
	State of Israel	2.500%		1/16/49		EUR		2,500			3,370
Total Israel (Cost $389,409)											435,508
Italy (7.4%)
Asset-Backed/Commercial Mortgage-Backed Securities (0.2%)
1	Banca Monte dei Paschi di Siena SPA	2.875%		4/16/21		EUR		4,000			4,480
	Banca Monte dei Paschi di Siena SPA	2.875%		7/16/24		EUR		5,640			6,728
	Banca Popolare dell’Emilia Romagna SC	0.875%		1/22/22		EUR		5,000			5,551
	Banca Popolare di Milano Scarl	0.625%		6/8/23		EUR		10,000			11,017
	Banco BPM SPA	0.750%		3/31/22		EUR		10,000			11,054
	Banco BPM SPA	1.000%		1/23/25		EUR		15,000			16,740
	Banco di Desio e della Brianza SPA	0.875%		9/12/24		EUR		16,000			18,082
	Credit Agricole Cariparma SPA	0.875%		6/16/23		EUR		10,000			11,209
	Credit Agricole Cariparma SPA	0.250%		9/30/24		EUR		10,800			11,859
	Credit Agricole Italia SPA	0.875%		1/31/22		EUR		10,000			11,120
	Credit Agricole Italia SPA	1.750%		1/15/38		EUR		5,000			6,410
	Intesa Sanpaolo SPA	0.625%		1/20/22		EUR		5,000			5,535
	Intesa Sanpaolo SPA	3.625%		12/5/22		EUR		4,200			5,037
	Intesa Sanpaolo SPA	0.500%		3/5/24		EUR		5,000			5,561
	Intesa Sanpaolo SPA	3.375%		1/24/25		EUR		10,500			13,243

61

Total International Bond Index Fund

						Face			Market
			Maturity			Amount			Value•
		Coupon		Date	Currency		(000	)	($000		)
	Intesa Sanpaolo SPA	3.250%		2/10/26	EUR		4,000			5,156
	UniCredit SPA	5.000%		10/31/21	EUR		3,000			3,533
	UniCredit SPA	5.250%		4/30/23	EUR		9,000			11,394
	Unione di Banche Italiane SPA	5.250%		1/28/21	EUR		2,500			2,840
	Unione di Banche Italiane SPA	1.000%		1/27/23	EUR		18,500			20,806
	Unione di Banche Italiane SPA	3.125%		2/5/24	EUR		4,000			4,887
	Unione di Banche Italiane SPA	1.250%		2/7/25	EUR		2,500			2,889
	Unione di Banche Italiane SPA	0.375%		9/14/26	EUR		10,000			11,077
	Unione di Banche Italiane SPA	1.125%		10/4/27	EUR		13,700			15,939
										222,147
Corporate Bonds (0.5%)
	2i Rete Gas SPA	3.000%		7/16/24	EUR		6,000			7,186
	2i Rete Gas SPA	1.608%		10/31/27	EUR		6,500			7,241
	Aeroporti Di Roma SPA	5.441%		2/20/23	GBP		250			341
	Aeroporti di Roma SPA	1.625%		6/8/27	EUR		3,900			3,995
	Assicurazioni Generali SPA	5.125%		9/16/24	EUR		7,280			9,331
	Assicurazioni Generali SPA	4.125%		5/4/26	EUR		2,600			3,094
1	Assicurazioni Generali SPA	7.750%		12/12/42	EUR		8,000			9,842
1	Assicurazioni Generali SPA	5.500%		10/27/47	EUR		10,737			13,157
1	Assicurazioni Generali SPA	5.000%		6/8/48	EUR		3,000			3,572
	Banca Monte dei Paschi di Siena SPA	1.250%		1/20/22	EUR		5,000			5,545
	Banca Monte dei Paschi di Siena SPA	2.125%		11/26/25	EUR		9,000			10,552
	Buzzi Unicem SPA	2.125%		4/28/23	EUR		1,300			1,423
	Covivio	2.375%		2/20/28	EUR		200			229
	Credit Agricole Cariparma SPA	0.625%		1/13/26	EUR		5,600			6,253
	Credit Agricole Italia SPA	1.000%		3/25/27	EUR		15,000			17,220
	Credit Agricole Italia SPA	0.250%		1/17/28	EUR		5,000			5,432
	Credit Agricole Italia SPA	1.625%		3/21/29	EUR		2,000			2,435
	Credit Agricole Italia SPA	1.000%		1/17/45	EUR		700			785
	Credito Emiliano SPA	1.125%		1/17/24	EUR		10,000			11,337
	Enel Finance International NV	5.000%		7/12/21	EUR		2,000			2,314
	Enel Finance International NV	4.875%		4/17/23	EUR		2,400			2,966
	Enel Finance International NV	5.250%		9/29/23	EUR		736			933
	Enel Finance International NV	0.000%		6/17/24	EUR		100			107
	Enel Finance International NV	5.625%		8/14/24	GBP		3,700			5,374
	Enel Finance International NV	1.000%		9/16/24	EUR		3,100			3,458
	Enel Finance International NV	1.966%		1/27/25	EUR		14,716			17,120
	Enel Finance International NV	1.500%		7/21/25	EUR		5,100			5,822
	Enel Finance International NV	1.375%		6/1/26	EUR		42,145			48,149
	Enel Finance International NV	1.125%		9/16/26	EUR		4,900			5,491
	Enel Finance International NV	0.375%		6/17/27	EUR		100			107
	Enel Finance International NV	1.125%		10/17/34	EUR		200			215
	Enel Finance International NV	5.750%		9/14/40	GBP		3,200			6,026
	Enel SPA	5.750%		6/22/37	GBP		3,000			5,428
1	Enel SPA	6.625%		9/15/76	GBP		10,627			13,797
1	Enel SPA	2.500%		11/24/78	EUR		11,100			11,952
1	Enel SPA	3.500%		5/24/80	EUR		8,000			9,024
1	Enel SPA	3.375%		11/24/81	EUR		300			333
	Eni SPA	2.625%		11/22/21	EUR		3,000			3,383
	Eni SPA	0.750%		5/17/22	EUR		500			547
	Eni SPA	3.250%		7/10/23	EUR		10,960			12,889
	Eni SPA	0.625%		9/19/24	EUR		10,000			10,797
	Eni SPA	3.750%		9/12/25	EUR		6,600			8,224
	Eni SPA	1.500%		2/2/26	EUR		800			895

62

Total International Bond Index Fund

							Face			Market
			Maturity				Amount			Value•
		Coupon	Date		Currency		(000		)	($000		)
	Eni SPA	1.500%		1/17/27		EUR		5,000			5,615
	Eni SPA	1.625%		5/17/28		EUR		3,000			3,383
	Eni SPA	1.125%		9/19/28		EUR		5,500			5,952
	Eni SPA	1.000%		10/11/34		EUR		6,000			5,937
	FCA Bank SPA	1.625%		9/29/21		GBP		3,000			3,715
	FCA Bank SPA	1.000%		11/15/21		EUR		23,900			25,823
	FCA Bank SPA	1.000%		2/21/22		EUR		100			108
	FCA Bank SPA	1.250%		6/21/22		EUR		110			118
	Intesa Sanpaolo SPA	2.000%		6/18/21		EUR		12,228			13,516
	Intesa Sanpaolo SPA	3.500%		1/17/22		EUR		8,100			9,201
	Intesa Sanpaolo SPA	1.125%		3/4/22		EUR		1,700			1,854
	Intesa Sanpaolo SPA	0.875%		6/27/22		EUR		12,600			13,641
	Intesa Sanpaolo SPA	2.125%		8/30/23		EUR		8,000			8,931
	Intesa Sanpaolo SPA	4.000%		10/30/23		EUR		6,100			7,230
	Intesa Sanpaolo SPA	1.375%		1/18/24		EUR		15,000			16,299
	Intesa Sanpaolo SPA	1.000%		7/4/24		EUR		5,800			6,204
	Intesa Sanpaolo SPA	1.125%		7/14/25		EUR		5,000			5,747
	Intesa Sanpaolo SPA	1.000%		11/19/26		EUR		10,000			10,445
	Intesa Sanpaolo SPA	1.750%		3/20/28		EUR		26,078			27,843
	Intesa Sanpaolo SPA	1.750%		7/4/29		EUR		9,000			9,502
	Intesa Sanpaolo SPA	2.500%		1/15/30		GBP		3,000			3,448
	Iren SPA	1.950%		9/19/25		EUR		6,000			6,951
	Italgas SPA	0.500%		1/19/22		EUR		18,000			19,740
	Italgas SPA	1.625%		1/19/27		EUR		5,000			5,713
	Italgas SPA	0.875%		4/24/30		EUR		6,000			6,317
	Mediobanca Banca di Credito Finanziario SPA	1.125%		7/15/25		EUR		7,000			7,271
	Mediobanca Banca di Credito Finanziario SPA	1.375%		11/10/25		EUR		10,800			12,594
	Mediobanca Banca di Credito Finanziario SPA	0.875%		1/15/26		EUR		16,000			16,225
	Mediobanca SPA	1.250%		11/24/29		EUR		2,600			3,068
	Snam SPA	1.000%		9/18/23		EUR		100			111
	Snam SPA	0.000%		5/12/24		EUR		3,000			3,201
	Snam SPA	1.250%		1/25/25		EUR		500			560
	Snam SPA	0.875%		10/25/26		EUR		19,655			21,600
	Snam SPA	1.000%		9/12/34		EUR		8,000			8,534
	Societa Iniziative Autostradalie Servizi SPA	1.625%		2/8/28		EUR		9,911			9,976
	Terna Rete Elettrica Nazionale SPA	0.875%		2/2/22		EUR		7,066			7,772
	Terna Rete Elettrica Nazionale SPA	1.375%		7/26/27		EUR		9,740			10,976
	Terna Rete Elettrica Nazionale SPA	1.000%		10/11/28		EUR		13,300			14,476
	UniCredit SPA	2.000%		3/4/23		EUR		10,000			11,106
1	UniCredit SPA	1.250%		6/25/25		EUR		31,690			33,865
	UniCredit SPA	0.375%		10/31/26		EUR		19,050			21,086
	Unione di Banche Italiane SPA	0.750%		10/17/22		EUR		100			107
	Unione di Banche Italiane SPA	1.500%		4/10/24		EUR		5,000			5,344
	Unione di Banche Italiane SPA	0.500%		7/15/24		EUR		5,500			6,129
	Unione di Banche Italiane SPA	1.000%		9/25/25		EUR		10,000			11,501
	Unione di Banche Italiane SPA	1.250%		1/15/30		EUR		500			593
											723,649
Sovereign Bonds (6.7%)
	A2A SPA	1.250%		3/16/24		EUR		4,000			4,479
	ACEA SPA	2.625%		7/15/24		EUR		3,200			3,758
	ACEA SPA	1.000%		10/24/26		EUR		2,121			2,325

63

Total International Bond Index Fund

						Face			Market
			Maturity			Amount			Value•
		Coupon		Date	Currency		(000	)		($000	)
	ACEA SPA	1.500%		6/8/27	EUR		14,847			16,760
	Cassa Depositi e Prestiti SPA	2.750%		5/31/21	EUR		8,000			8,958
	Cassa Depositi e Prestiti SPA	2.125%		9/27/23	EUR		5,000			5,633
	Cassa Depositi e Prestiti SPA	1.500%		6/21/24	EUR		5,000			5,490
	Cassa Depositi e Prestiti SPA	1.500%		4/9/25	EUR		7,700			8,409
	Cassa Depositi e Prestiti SPA	1.875%		2/7/26	EUR		5,000			5,551
	Cassa Depositi e Prestiti SPA	1.000%		2/11/30	EUR		5,000			4,912
	Hera SPA	0.875%		10/14/26	EUR		5,000			5,514
	Hera SPA	0.875%		7/5/27	EUR		10,000			10,962
	Hera SPA	5.200%		1/29/28	EUR		6,000			8,588
2	Republic of Italy	3.750%		5/1/21	EUR		126,450			143,251
	Republic of Italy	0.450%		6/1/21	EUR		201,100			220,694
	Republic of Italy	0.000%		6/29/21	EUR		110,000			119,906
2	Republic of Italy	3.750%		8/1/21	EUR		214,852			245,077
	Republic of Italy	4.750%		9/1/21	EUR		27,500			31,851
	Republic of Italy	2.300%		10/15/21	EUR		159,835			179,702
	Republic of Italy	0.000%		11/29/21	EUR		71,202			77,212
	Republic of Italy	2.150%		12/15/21	EUR		106,200			119,425
	Republic of Italy	5.000%		3/1/22	EUR		37,895			44,870
	Republic of Italy	1.350%		4/15/22	EUR		255,559			284,024
	Republic of Italy	1.000%		7/15/22	EUR		106,198			117,360
	Republic of Italy	5.500%		9/1/22	EUR		62,500			76,095
	Republic of Italy	5.500%		11/1/22	EUR		70,000			85,713
	Republic of Italy	0.950%		3/1/23	EUR		240,000			264,548
	Republic of Italy	4.500%		5/1/23	EUR		164,680			200,245
2	Republic of Italy	4.750%		8/1/23	EUR		45,580			56,175
	Republic of Italy	2.450%		10/1/23	EUR		541,311			624,442
	Republic of Italy	9.000%		11/1/23	EUR		31,000			43,417
	Republic of Italy	4.500%		3/1/24	EUR		93,780			116,256
	Republic of Italy	1.750%		7/1/24	EUR		386,133			434,854
	Republic of Italy	3.750%		9/1/24	EUR		58,900			71,688
	Republic of Italy	0.350%		2/1/25	EUR		30,109			31,799
2	Republic of Italy	5.000%		3/1/25	EUR		56,719			73,239
	Republic of Italy	1.500%		6/1/25	EUR		15,055			16,721
2	Republic of Italy	1.850%		7/1/25	EUR		545,401			614,685
	Republic of Italy	2.500%		11/15/25	EUR		8,848			10,311
2	Republic of Italy	4.500%		3/1/26	EUR		215,575			278,016
	Republic of Italy	2.100%		7/15/26	EUR		464,043			529,717
	Republic of Italy	7.250%		11/1/26	EUR		60,300			89,831
	Republic of Italy	2.200%		6/1/27	EUR		107,700			123,476
	Republic of Italy	2.050%		8/1/27	EUR		474,273			537,954
	Republic of Italy	6.500%		11/1/27	EUR		795			1,171
	Republic of Italy	2.000%		2/1/28	EUR		68,386			77,260
	Republic of Italy	6.000%		8/4/28	GBP		11,900			17,975
	Republic of Italy	3.000%		8/1/29	EUR		845,192			1,024,108
2	Republic of Italy	3.500%		3/1/30	EUR		87,000			109,618
	Republic of Italy	1.350%		4/1/30	EUR		135,000			142,251
	Republic of Italy	5.750%		2/1/33	EUR		97,200			150,115
2	Republic of Italy	5.000%		8/1/34	EUR		92,730			137,258
2	Republic of Italy	3.350%		3/1/35	EUR		444,514			562,360
2	Republic of Italy	4.000%		2/1/37	EUR		120,310			163,836
2	Republic of Italy	2.950%		9/1/38	EUR		120,190			144,712
2	Republic of Italy	3.100%		3/1/40	EUR		269,610			330,054
2	Republic of Italy	5.000%		9/1/40	EUR		47,738			74,006

64

Total International Bond Index Fund

						Face			Market
			Maturity			Amount			Value•
		Coupon		Date	Currency		(000	)		($000	)
2	Republic of Italy	4.750%		9/1/44	EUR		102,980			157,526
2	Republic of Italy	3.850%		9/1/49	EUR		80,290			110,324
	Republic of Italy	2.450%		9/1/50	EUR		342,259			362,984
2	Republic of Italy	2.800%		3/1/67	EUR		25,637			28,793
										9,548,244
Total Italy (Cost $10,452,992)										10,494,040
Japan (19.6%)
Corporate Bonds (0.3%)
	American Honda Finance Corp.	0.350%		8/26/22	EUR		2,820			3,033
	American Honda Finance Corp.	1.375%		11/10/22	EUR		5,100			5,614
	American Honda Finance Corp.	0.750%		1/17/24	EUR		7,200			7,765
	Asahi Group Holdings Ltd.	0.321%		9/19/21	EUR		700			759
	Daiichi Sankyo Co. Ltd.	0.810%		7/25/36	JPY		400,000			3,781
	Denso Corp.	0.315%		3/17/28	JPY		800,000			7,481
	East Japan Railway Co.	4.875%		6/14/34	GBP		5,500			9,944
	East Japan Railway Co.	4.500%		1/25/36	GBP		1,300			2,323
	Fast Retailing Co. Ltd.	0.749%		12/18/25	JPY		100,000			956
	Fast Retailing Co. Ltd.	0.405%		6/6/28	JPY		1,400,000			13,072
	Honda Canada Finance Inc.	2.268%		7/15/22	CAD		5,000			3,608
	JT International Financial Services BV	1.000%		11/26/29	EUR		11,200			11,898
	JT International Financial Services BV	2.750%		9/28/33	GBP		5,100			6,704
	Kansai Electric Power Co. Inc.	0.280%		4/25/24	JPY		92,000			857
	Kansai Electric Power Co. Inc.	0.470%		5/25/27	JPY		175,000			1,632
	Kansai Electric Power Co. Inc.	0.490%		7/23/27	JPY		244,000			2,278
	Kansai Electric Power Co. Inc.	0.460%		12/20/27	JPY		700,000			6,516
	Kirin Holdings Co. Ltd.	1.239%		9/24/21	JPY		300,000			2,839
	Kyushu Electric Power Co. Inc.	1.064%		2/23/24	JPY		200,000			1,923
	Kyushu Electric Power Co. Inc.	0.170%		8/23/24	JPY		70,000			649
	Kyushu Electric Power Co. Inc.	0.430%		5/25/29	JPY		180,000			1,674
	Mitsubishi UFJ Financial Group Inc.	0.680%		1/26/23	EUR		10,000			10,868
	Mitsubishi UFJ Financial Group Inc.	0.940%		6/26/24	JPY		200,000			1,882
	Mitsubishi UFJ Financial Group Inc.	0.872%		9/7/24	EUR		19,000			20,554
	Mitsubishi UFJ Financial Group Inc.	0.535%		4/28/26	JPY		200,000			1,841
	Mitsubishi UFJ Financial Group Inc.	0.366%		7/29/26	JPY		242,000			2,204
	Mitsubishi UFJ Financial Group Inc.	0.652%		7/26/27	JPY		200,000			1,850
	Mitsubishi UFJ Financial Group Inc.	0.535%		5/31/28	JPY		300,000			2,741
1	Mitsubishi UFJ Financial Group Inc.	0.360%		10/31/28	JPY		400,000			3,645
	Mitsubishi UFJ Financial Group Inc.	0.848%		7/19/29	EUR		16,000			16,532
	Mizuho Financial Group Inc.	0.100%		7/22/21	JPY		300,000			2,783
	Mizuho Financial Group Inc.	0.523%		6/10/24	EUR		2,300			2,461
	Mizuho Financial Group Inc.	0.956%		10/16/24	EUR		4,950			5,381
1	Mizuho Financial Group Inc.	0.500%		1/26/27	JPY		200,000			1,866
	Mizuho Financial Group Inc.	0.650%		1/26/27	JPY		261,000			2,407
	Mizuho Financial Group Inc.	0.402%		9/6/29	EUR		5,000			5,031
	Mizuho Financial Group Inc.	0.797%		4/15/30	EUR		10,000			10,291
	MUFG Bank Ltd.	0.875%		3/11/22	EUR		5,000			5,490
	MUFG Bank Ltd.	1.390%		5/31/22	JPY		100,000			952
	MUFG Bank Ltd.	1.950%		11/12/25	JPY		500,000			5,000
	Nippon Telegraph & Telephone Corp.	1.020%		9/17/21	JPY		500,000			4,717
	Nomura Europe Finance NV	1.500%		5/12/21	EUR		5,600			6,177
	Panasonic Corp.	0.300%		9/20/23	JPY		400,000			3,726
	Panasonic Corp.	0.934%		3/19/25	JPY		1,200,000			11,529
	Panasonic Corp.	0.470%		9/18/26	JPY		1,800,000			16,874

65

Total International Bond Index Fund

						Face			Market
			Maturity			Amount			Value•
		Coupon		Date	Currency		(000	)		($000	)
	Resona Bank Ltd.	1.780%		3/15/22	JPY		500,000			4,722
	Shinkin Central Bank	0.030%		10/27/21	JPY		2,600,000			24,214
	Shinkin Central Bank	0.110%		6/27/23	JPY		300,000			2,798
	Shinkin Central Bank	0.110%		10/27/23	JPY		200,000			1,866
	Sony Corp.	0.230%		9/17/21	JPY		1,200,000			11,199
	Sumitomo Mitsui Banking Corp.	1.000%		1/19/22	EUR		5,100			5,610
	Sumitomo Mitsui Banking Corp.	2.750%		7/24/23	EUR		500			581
	Sumitomo Mitsui Banking Corp.	0.267%		6/18/26	EUR		10,000			11,072
	Sumitomo Mitsui Banking Corp.	0.409%		11/7/29	EUR		7,000			7,734
	Sumitomo Mitsui Financial Group Inc.	0.606%		1/18/22	EUR		200			218
	Sumitomo Mitsui Financial Group Inc.	3.662%		3/29/22	AUD		4,400			2,950
	Sumitomo Mitsui Financial Group Inc.	0.819%		7/23/23	EUR		1,600			1,736
	Sumitomo Mitsui Financial Group Inc.	0.849%		9/12/24	JPY		1,500,000			14,024
	Sumitomo Mitsui Financial Group Inc.	0.934%		10/11/24	EUR		200			218
	Sumitomo Mitsui Financial Group Inc.	1.546%		6/15/26	EUR		11,200			12,511
	Sumitomo Mitsui Financial Group Inc.	0.585%		3/16/28	JPY		285,000			2,602
	Sumitomo Mitsui Financial Group Inc.	0.632%		10/23/29	EUR		11,000			11,120
	Sumitomo Mitsui Trust Bank Ltd.	1.620%		3/22/22	JPY		500,000			4,768
	Takeda Pharmaceutical Co. Ltd.	1.125%		11/21/22	EUR		7,300			8,031
	Takeda Pharmaceutical Co. Ltd.	2.250%		11/21/26	EUR		8,600			10,250
	Takeda Pharmaceutical Co. Ltd.	3.000%		11/21/30	EUR		20,800			25,845
	Toyota Finance Australia Ltd.	3.100%		5/19/22	AUD		6,928			4,605
	Toyota Finance Australia Ltd.	1.625%		7/11/22	GBP		2,200			2,761
	Toyota Finance Australia Ltd.	0.500%		4/6/23	EUR		1,100			1,199
	Toyota Motor Credit Corp.	1.125%		9/7/21	GBP		4,000			4,996
	Toyota Motor Credit Corp.	1.000%		9/10/21	EUR		13,300			14,630
	Toyota Motor Finance Netherlands BV	0.250%		1/10/22	EUR		200			218
	Toyota Motor Finance Netherlands BV	0.625%		9/26/23	EUR		22,700			24,834
										459,420
Sovereign Bonds (19.3%)
	Central Nippon Expressway Co. Ltd.	0.030%		7/14/21	JPY		900,000			8,385
	Central Nippon Expressway Co. Ltd.	0.030%		9/17/21	JPY		1,000,000			9,316
	Central Nippon Expressway Co. Ltd.	0.070%		3/18/22	JPY		1,600,000			14,919
	Deposit Insurance Corp. of Japan	0.100%		10/19/21	JPY		1,800,000			16,801
12	Deposit Insurance Corp. of Japan	0.100%		10/14/22	JPY		2,900,000			27,096
12	Development Bank of Japan Inc.	0.900%		3/14/22	JPY		250,000			2,369
12	Development Bank of Japan Inc.	0.819%		9/20/22	JPY		286,000			2,718
12	Development Bank of Japan Inc.	1.700%		9/20/22	JPY		760,000			7,365
12	Development Bank of Japan Inc.	0.645%		3/18/24	JPY		501,000			4,788
12	Development Bank of Japan Inc.	0.466%		12/12/24	JPY		600,000			5,714
12	Development Bank of Japan Inc.	0.450%		3/13/25	JPY		400,000			3,811
12	Development Bank of Japan Inc.	0.020%		3/16/26	JPY		45,500			425
	East Nippon Expressway Co. Ltd.	0.030%		6/18/21	JPY		500,000			4,659
	East Nippon Expressway Co. Ltd.	0.060%		6/18/21	JPY		280,000			2,610
	East Nippon Expressway Co. Ltd.	0.090%		6/20/22	JPY		600,000			5,597
	East Nippon Expressway Co. Ltd.	0.090%		12/20/22	JPY		500,000			4,665
	Fukuoka Prefecture	0.432%		6/18/49	JPY		350,000			3,190
	Japan	0.100%		5/1/21	JPY		20,000,000			186,910
	Japan	0.100%		6/1/21	JPY		23,000,000			214,998
	Japan	0.100%		6/20/21	JPY		30,567,000			285,772
	Japan	2.000%		6/21/21	JPY		4,000,000			38,199
	Japan	0.100%		7/1/21	JPY		7,000,000			65,449
	Japan	0.100%		9/1/21	JPY		5,400,000			50,510
	Japan	0.100%		9/20/21	JPY		30,950,000			289,551

66

Total International Bond Index Fund

						Face			Market
		Maturity				Amount			Value•
	Coupon	Date		Currency		(000		)	($000		)
Japan	1.000%		9/20/21		JPY		138,000			1,307
Japan	1.100%		9/20/21		JPY		6,400,000			60,700
Japan	0.100%		10/1/21		JPY		40,000,000			374,249
Japan	0.100%		11/1/21		JPY		10,000,000			93,583
Japan	0.100%		12/1/21		JPY		30,000,000			280,811
Japan	0.100%		12/20/21		JPY		5,150,000			48,214
Japan	1.000%		12/20/21		JPY		11,100,000			105,439
Japan	1.100%		12/20/21		JPY		4,200,000			39,960
Japan	2.100%		12/20/21		JPY		105,000			1,015
Japan	0.100%		1/1/22		JPY		26,650,000			249,514
Japan	0.100%		2/1/22		JPY		17,000,000			159,200
Japan	0.100%		3/1/22		JPY		18,000,000			168,602
Japan	0.100%		3/20/22		JPY		26,475,000			248,018
Japan	0.900%		3/20/22		JPY		4,740,000			45,071
Japan	1.000%		3/20/22		JPY		8,120,000			77,353
Japan	0.100%		4/1/22		JPY		20,000,000			187,371
Japan	0.100%		6/20/22		JPY		45,910,000			430,387
Japan	0.800%		6/20/22		JPY		12,120,000			115,310
Japan	0.900%		6/20/22		JPY		7,557,000			72,048
Japan	0.100%		9/20/22		JPY		20,000,000			187,630
Japan	0.800%		9/20/22		JPY		4,170,000			39,771
Japan	1.900%		9/20/22		JPY		67,000			655
Japan	0.100%		12/20/22		JPY		24,100,000			226,262
Japan	0.700%		12/20/22		JPY		4,025,000			38,383
Japan	0.800%		12/20/22		JPY		2,605,000			24,906
Japan	1.400%		12/20/22		JPY		6,500,000			63,104
Japan	1.700%		12/20/22		JPY		3,500,000			34,237
Japan	0.100%		3/20/23		JPY		27,237,150			255,903
Japan	0.600%		3/20/23		JPY		12,020,000			114,553
Japan	1.000%		3/20/23		JPY		530,000			5,108
Japan	0.100%		6/20/23		JPY		34,300,000			322,486
Japan	0.800%		6/20/23		JPY		13,713,500			131,746
Japan	0.800%		6/20/23		JPY		600,000			5,764
Japan	1.800%		6/20/23		JPY		2,500,000			24,750
Japan	0.100%		9/20/23		JPY		52,050,000			489,685
Japan	0.600%		9/20/23		JPY		1,000,000			9,566
Japan	0.800%		9/20/23		JPY		1,256,000			12,095
Japan	1.900%		9/20/23		JPY		3,055,000			30,480
Japan	0.100%		12/20/23		JPY		22,613,750			212,885
Japan	0.600%		12/20/23		JPY		15,660,000			150,085
Japan	1.900%		12/20/23		JPY		1,800,000			18,046
Japan	0.100%		3/20/24		JPY		41,270,000			388,755
Japan	0.600%		3/20/24		JPY		18,890,000			181,366
Japan	1.900%		3/20/24		JPY		500,000			5,037
Japan	0.100%		6/20/24		JPY		29,850,000			281,331
Japan	0.600%		6/20/24		JPY		710,000			6,829
Japan	0.100%		9/20/24		JPY		28,150,000			265,444
Japan	0.500%		9/20/24		JPY		12,700,000			121,858
Japan	2.100%		9/20/24		JPY		1,305,000			13,378
Japan	0.100%		12/20/24		JPY		38,200,000			360,472
Japan	0.300%		12/20/24		JPY		10,060,000			95,805
Japan	0.500%		12/20/24		JPY		7,730,000			74,286
Japan	0.400%		3/20/25		JPY		9,865,000			94,498
Japan	2.000%		3/20/25		JPY		75,000			773

67

Total International Bond Index Fund

							Face			Market
			Maturity				Amount			Value•
		Coupon	Date		Currency		(000		)	($000		)
	Japan	0.400%		6/20/25		JPY		8,000,000			76,734
	Japan	1.900%		6/20/25		JPY		1,150,000			11,859
	Japan	2.100%		6/20/25		JPY		3,000,000			31,226
	Japan	0.400%		9/20/25		JPY		3,195,000			30,687
	Japan	2.100%		9/20/25		JPY		200,000			2,092
	Japan	0.300%		12/20/25		JPY		22,700,000			217,127
	Japan	2.000%		12/20/25		JPY		3,340,000			34,943
	Japan	0.100%		3/20/26		JPY		5,100,000			48,277
	Japan	2.100%		3/20/26		JPY		860,000			9,089
	Japan	2.200%		3/20/26		JPY		800,000			8,499
	Japan	0.100%		6/20/26		JPY		5,208,300			49,336
	Japan	0.100%		9/20/26		JPY		6,950,000			65,877
	Japan	2.200%		9/20/26		JPY		60,000			644
	Japan	2.300%		9/20/26		JPY		35,000			378
	Japan	0.100%		12/20/26		JPY		12,955,000			122,860
	Japan	2.100%		12/20/26		JPY		5,000,000			53,634
	Japan	0.100%		3/20/27		JPY		11,235,000			106,604
	Japan	2.000%		3/20/27		JPY		1,000,000			10,714
	Japan	2.100%		3/20/27		JPY		350,000			3,772
	Japan	0.100%		6/20/27		JPY		8,485,000			80,543
	Japan	2.300%		6/20/27		JPY		20,000			219
	Japan	0.100%		9/20/27		JPY		13,910,000			132,066
	Japan	2.200%		9/20/27		JPY		15,000			164
	Japan	0.100%		12/20/27		JPY		11,725,000			111,360
	Japan	2.100%		12/20/27		JPY		2,241,000			24,491
	Japan	0.100%		3/20/28		JPY		16,220,000			154,037
	Japan	2.200%		3/20/28		JPY		3,950,000			43,641
	Japan	2.400%		3/20/28		JPY		5,850,000			65,497
	Japan	0.100%		6/20/28		JPY		22,500,000			213,636
	Japan	2.400%		6/20/28		JPY		1,030,000			11,585
	Japan	0.100%		9/20/28		JPY		28,220,250			267,789
	Japan	2.100%		9/20/28		JPY		6,126,000			67,751
	Japan	2.200%		9/20/28		JPY		1,200,000			13,366
	Japan	0.100%		12/20/28		JPY		27,872,600			264,314
	Japan	1.900%		12/20/28		JPY		7,240,000			79,189
	Japan	2.100%		12/20/28		JPY		600,000			6,660
	Japan	0.100%		3/20/29		JPY		52,170,000			494,414
	Japan	1.900%		3/20/29		JPY		4,150,000			45,540
	Japan	2.100%		3/20/29		JPY		4,513,000			50,274
	Japan	0.100%		6/20/29		JPY		47,960,000			454,149
	Japan	2.100%		6/20/29		JPY		5,530,000			61,815
	Japan	0.100%		9/20/29		JPY		42,841,000			405,182
	Japan	2.100%		9/20/29		JPY		8,580,000			96,232
	Japan	2.800%		9/20/29		JPY		2,700,000			31,940
	Japan	0.100%		12/20/29		JPY		42,200,000			398,738
	Japan	2.100%		12/20/29		JPY		7,500,000			84,396
	Japan	2.200%		12/20/29		JPY		5,740,000			65,107
6	Japan	0.100%		3/20/30		JPY		12,800,000			120,927
	Japan	2.100%		3/20/30		JPY		80,000			903
	Japan	2.200%		3/20/30		JPY		6,300,000			71,697
	Japan	2.300%		5/20/30		JPY		170,000			1,955
	Japan	1.600%		6/20/30		JPY		570,000			6,186
	Japan	1.800%		6/20/30		JPY		40,000			442
	Japan	2.000%		6/20/30		JPY		5,000,000			56,154

68

Total International Bond Index Fund

							Face			Market
			Maturity				Amount			Value•
		Coupon	Date		Currency		(000		)	($000		)
	Japan	1.800%		9/20/30		JPY		1,400,000			15,502
	Japan	1.900%		9/20/30		JPY		4,370,000			48,810
	Japan	2.000%		12/20/30		JPY		3,000,000			33,904
	Japan	2.100%		12/20/30		JPY		8,170,000			93,141
	Japan	1.900%		3/20/31		JPY		6,000,000			67,406
	Japan	2.000%		3/20/31		JPY		12,180,000			138,069
	Japan	2.200%		3/20/31		JPY		500,000			5,769
	Japan	1.800%		6/20/31		JPY		4,500,000			50,231
	Japan	1.900%		6/20/31		JPY		5,950,000			67,033
	Japan	1.700%		9/20/31		JPY		25,000,000			277,126
	Japan	1.800%		9/20/31		JPY		7,575,000			84,771
	Japan	1.700%		12/20/31		JPY		6,700,000			74,444
	Japan	1.800%		12/20/31		JPY		25,062,000			281,175
	Japan	1.600%		3/20/32		JPY		8,950,000			98,682
	Japan	1.700%		3/20/32		JPY		3,200,000			35,636
	Japan	1.800%		3/20/32		JPY		1,130,000			12,709
	Japan	1.500%		6/20/32		JPY		6,300,000			68,895
	Japan	1.600%		6/20/32		JPY		3,108,000			34,338
	Japan	1.700%		9/20/32		JPY		14,789,000			165,412
	Japan	1.700%		12/20/32		JPY		11,230,000			125,876
	Japan	1.800%		12/20/32		JPY		6,000,000			67,956
	Japan	1.500%		3/20/33		JPY		12,463,100			137,011
	Japan	1.600%		3/20/33		JPY		10,564,000			117,393
	Japan	1.700%		6/20/33		JPY		8,090,000			91,048
	Japan	1.700%		6/20/33		JPY		1,550,000			17,444
	Japan	1.700%		9/20/33		JPY		7,101,000			80,068
	Japan	1.600%		12/20/33		JPY		10,900,000			121,761
	Japan	2.000%		12/20/33		JPY		500,000			5,837
	Japan	1.500%		3/20/34		JPY		13,485,250			149,159
	Japan	2.400%		3/20/34		JPY		3,700,000			45,190
	Japan	1.500%		6/20/34		JPY		9,680,000			107,218
	Japan	2.500%		6/20/34		JPY		2,013,000			24,918
	Japan	1.400%		9/20/34		JPY		18,200,000			199,448
	Japan	2.500%		9/20/34		JPY		400,000			4,966
	Japan	1.200%		12/20/34		JPY		11,810,000			126,386
	Japan	2.400%		12/20/34		JPY		2,300,000			28,328
6	Japan	1.200%		3/20/35		JPY		11,040,000			118,226
6	Japan	1.200%		3/20/35		JPY		520,000			5,574
	Japan	2.300%		3/20/35		JPY		2,500,000			30,532
	Japan	1.300%		6/20/35		JPY		13,970,000			151,686
	Japan	2.300%		6/20/35		JPY		3,580,000			43,845
	Japan	1.200%		9/20/35		JPY		11,600,000			124,503
	Japan	2.500%		9/20/35		JPY		1,000,000			12,567
6	Japan	1.000%		12/20/35		JPY		6,850,000			71,653
	Japan	2.300%		12/20/35		JPY		2,510,000			30,931
	Japan	0.400%		3/20/36		JPY		14,820,000			142,218
	Japan	2.500%		3/20/36		JPY		2,208,000			27,935
	Japan	0.200%		6/20/36		JPY		13,000,000			120,857
	Japan	2.500%		6/20/36		JPY		1,450,000			18,405
	Japan	0.500%		9/20/36		JPY		14,730,000			143,429
	Japan	2.500%		9/20/36		JPY		600,000			7,640
	Japan	0.600%		12/20/36		JPY		16,900,000			167,084
	Japan	2.300%		12/20/36		JPY		808,000			10,076
	Japan	0.700%		3/20/37		JPY		42,005,000			421,736

69

Total International Bond Index Fund

						Face			Market
			Maturity			Amount			Value•
		Coupon		Date	Currency		(000	)		($000	)
	Japan	2.400%		3/20/37	JPY		3,614,000			45,757
	Japan	0.600%		6/20/37	JPY		12,020,000			118,815
	Japan	0.600%		9/20/37	JPY		11,775,000			116,375
	Japan	2.500%		9/20/37	JPY		17,000			219
	Japan	0.600%		12/20/37	JPY		18,405,550			181,875
	Japan	0.500%		3/20/38	JPY		47,710,000			461,927
	Japan	2.500%		3/20/38	JPY		2,917,000			37,840
	Japan	0.500%		6/20/38	JPY		27,530,000			267,383
	Japan	0.700%		9/20/38	JPY		18,020,000			180,945
	Japan	2.400%		9/20/38	JPY		2,532,000			32,615
	Japan	0.500%		12/20/38	JPY		20,081,600			194,838
	Japan	0.400%		3/20/39	JPY		25,399,100			241,949
	Japan	2.300%		3/20/39	JPY		4,508,000			57,610
	Japan	0.300%		6/20/39	JPY		21,840,000			204,046
	Japan	0.300%		9/20/39	JPY		16,048,000			149,779
	Japan	2.200%		9/20/39	JPY		8,928,000			113,111
6	Japan	0.300%		12/20/39	JPY		10,880,000			101,407
6	Japan	0.400%		3/20/40	JPY		5,800,000			55,057
	Japan	2.300%		3/20/40	JPY		4,580,000			59,124
	Japan	2.000%		9/20/40	JPY		17,972,000			223,305
	Japan	2.200%		3/20/41	JPY		13,268,000			170,630
	Japan	2.000%		9/20/41	JPY		12,897,000			161,732
	Japan	2.000%		3/20/42	JPY		15,226,850			191,809
	Japan	1.900%		9/20/42	JPY		18,862,000			234,857
	Japan	1.800%		3/20/43	JPY		8,235,000			101,268
	Japan	1.900%		6/20/43	JPY		7,405,650			92,770
	Japan	1.800%		9/20/43	JPY		3,486,750			43,033
	Japan	1.700%		12/20/43	JPY		5,231,700			63,582
	Japan	1.700%		3/20/44	JPY		9,536,700			116,090
	Japan	1.700%		6/20/44	JPY		6,405,400			78,146
	Japan	1.700%		9/20/44	JPY		6,827,500			83,429
	Japan	1.500%		12/20/44	JPY		10,415,000			122,903
	Japan	1.500%		3/20/45	JPY		10,105,000			119,264
	Japan	1.600%		6/20/45	JPY		4,200,000			50,575
	Japan	1.400%		9/20/45	JPY		2,860,000			33,207
	Japan	1.400%		12/20/45	JPY		5,410,000			62,898
	Japan	0.800%		3/20/46	JPY		5,620,000			57,693
	Japan	0.300%		6/20/46	JPY		5,800,000			52,847
	Japan	0.500%		9/20/46	JPY		11,730,000			112,266
	Japan	0.600%		12/20/46	JPY		10,650,000			104,399
	Japan	0.800%		3/20/47	JPY		2,411,000			24,775
	Japan	0.800%		6/20/47	JPY		6,440,000			66,193
	Japan	0.800%		9/20/47	JPY		12,090,000			124,370
	Japan	0.800%		12/20/47	JPY		14,505,000			149,247
	Japan	0.800%		3/20/48	JPY		20,215,000			208,043
	Japan	2.400%		3/20/48	JPY		800,000			11,375
	Japan	0.700%		6/20/48	JPY		15,750,000			158,225
	Japan	0.900%		9/20/48	JPY		14,094,450			148,627
	Japan	0.700%		12/20/48	JPY		13,998,500			140,628
	Japan	0.500%		3/20/49	JPY		14,000,000			133,541
	Japan	2.200%		3/20/49	JPY		1,625,000			22,501
	Japan	0.400%		6/20/49	JPY		17,363,600			161,112
	Japan	0.400%		9/20/49	JPY		15,640,000			144,915
6	Japan	0.400%		12/20/49	JPY		12,692,000			117,468

70

Total International Bond Index Fund

							Face			Market
			Maturity				Amount			Value•
		Coupon	Date		Currency		(000		)	($000		)
6	Japan	0.400%		3/20/50		JPY		3,900,000			36,046
	Japan	2.200%		3/20/50		JPY		2,240,000			31,275
	Japan	2.200%		3/20/51		JPY		3,058,000			43,113
	Japan	2.000%		3/20/52		JPY		4,860,000			66,498
	Japan	1.900%		3/20/53		JPY		3,147,000			42,546
	Japan	1.700%		3/20/54		JPY		7,175,000			93,603
	Japan	1.400%		3/20/55		JPY		7,685,000			94,048
	Japan	0.400%		3/20/56		JPY		11,330,000			104,422
	Japan	0.900%		3/20/57		JPY		12,841,300			138,624
	Japan	0.800%		3/20/58		JPY		12,441,950			130,653
6	Japan	0.500%		3/20/59		JPY		14,960,000			142,505
12	Japan Expressway Holding & Debt Repayment Agency	0.895%		6/30/22		JPY		1,200,000			11,402
12	Japan Expressway Holding & Debt Repayment Agency	0.839%		7/29/22		JPY		500,000			4,748
12	Japan Expressway Holding & Debt Repayment Agency	0.801%		8/31/22		JPY		800,000			7,596
	Japan Expressway Holding & Debt Repayment Agency	0.765%		9/20/22		JPY		200,000			1,896
	Japan Expressway Holding & Debt Repayment Agency	0.796%		9/20/22		JPY		300,000			2,846
12	Japan Expressway Holding & Debt Repayment Agency	0.819%		9/30/22		JPY		1,500,000			14,258
12	Japan Expressway Holding & Debt Repayment Agency	0.791%		10/31/22		JPY		86,700			824
12	Japan Expressway Holding & Debt Repayment Agency	0.805%		11/30/22		JPY		1,568,700			14,923
12	Japan Expressway Holding & Debt Repayment Agency	0.834%		1/31/23		JPY		900,000			8,580
12	Japan Expressway Holding & Debt Repayment Agency	0.815%		2/28/23		JPY		557,700			5,319
12	Japan Expressway Holding & Debt Repayment Agency	0.668%		3/17/23		JPY		800,000			7,599
12	Japan Expressway Holding & Debt Repayment Agency	0.541%		4/28/23		JPY		800,000			7,576
12	Japan Expressway Holding & Debt Repayment Agency	0.882%		6/30/23		JPY		817,000			7,833
12	Japan Expressway Holding & Debt Repayment Agency	0.911%		7/31/23		JPY		1,300,000			12,475
12	Japan Expressway Holding & Debt Repayment Agency	0.669%		11/30/23		JPY		1,000,000			9,546
12	Japan Expressway Holding & Debt Repayment Agency	0.693%		12/28/23		JPY		500,000			4,779
12	Japan Expressway Holding & Debt Repayment Agency	0.660%		2/29/24		JPY		2,000,000			19,120
12	Japan Expressway Holding & Debt Repayment Agency	0.645%		3/29/24		JPY		1,000,000			9,559
12	Japan Expressway Holding & Debt Repayment Agency	0.669%		4/30/24		JPY		1,000,000			9,573
12	Japan Expressway Holding & Debt Repayment Agency	0.660%		5/31/24		JPY		1,000,000			9,575
12	Japan Expressway Holding & Debt Repayment Agency	0.601%		7/31/24		JPY		2,000,000			19,124

71

Total International Bond Index Fund

					Face		Market
			Maturity		Amount		Value•
		Coupon	Date	Currency	(000	)	($000	)
12	Japan Expressway Holding & Debt Repayment Agency	0.544%	9/30/24	JPY	25,000		239
12	Japan Expressway Holding & Debt Repayment Agency	0.539%	10/31/24	JPY	1,000,000		9,550
12	Japan Expressway Holding & Debt Repayment Agency	0.495%	11/29/24	JPY	1,520,000		14,493
12	Japan Expressway Holding & Debt Repayment Agency	0.466%	12/27/24	JPY	2,000,000		19,052
12	Japan Expressway Holding & Debt Repayment Agency	0.320%	1/31/25	JPY	400,000		3,786
12	Japan Expressway Holding & Debt Repayment Agency	0.414%	2/28/25	JPY	409,000		3,890
12	Japan Expressway Holding & Debt Repayment Agency	0.450%	3/31/25	JPY	500,000		4,766
12	Japan Expressway Holding & Debt Repayment Agency	0.509%	5/30/25	JPY	580,000		5,548
12	Japan Expressway Holding & Debt Repayment Agency	0.557%	7/31/25	JPY	14,000		134
12	Japan Expressway Holding & Debt Repayment Agency	0.440%	8/29/25	JPY	64,000		612
12	Japan Expressway Holding & Debt Repayment Agency	0.320%	1/30/26	JPY	751,000		7,130
	Japan Expressway Holding & Debt Repayment Agency	2.450%	3/19/26	JPY	180,000		1,911
12	Japan Expressway Holding & Debt Repayment Agency	0.140%	4/30/27	JPY	2,300,000		21,627
12	Japan Expressway Holding & Debt Repayment Agency	0.110%	5/31/27	JPY	11,000		103
12	Japan Expressway Holding & Debt Repayment Agency	0.130%	6/30/27	JPY	300,000		2,819
12	Japan Expressway Holding & Debt Repayment Agency	0.155%	8/31/27	JPY	600,000		5,651
12	Japan Expressway Holding & Debt Repayment Agency	0.090%	9/30/27	JPY	2,969,000		27,834
	Japan Expressway Holding & Debt Repayment Agency	2.340%	10/20/27	JPY	700,000		7,612
12	Japan Expressway Holding & Debt Repayment Agency	0.170%	10/29/27	JPY	1,200,000		11,317
	Japan Expressway Holding & Debt Repayment Agency	0.160%	11/30/27	JPY	600,000		5,655
	Japan Expressway Holding & Debt Repayment Agency	0.185%	1/31/28	JPY	500,000		4,723
	Japan Expressway Holding & Debt Repayment Agency	2.420%	6/20/28	JPY	880,000		9,748
	Japan Expressway Holding & Debt Repayment Agency	2.370%	9/20/28	JPY	50,000		554
12	Japan Expressway Holding & Debt Repayment Agency	2.100%	12/28/29	JPY	500,000		5,584
12	Japan Expressway Holding & Debt Repayment Agency	1.427%	7/31/34	JPY	700,000		7,620
12	Japan Expressway Holding & Debt Repayment Agency	1.338%	10/31/34	JPY	100,000		1,079
12	Japan Expressway Holding & Debt Repayment Agency	0.970%	1/31/35	JPY	2,000,000		20,600

72

Total International Bond Index Fund

					Face		Market
			Maturity		Amount		Value•
		Coupon	Date	Currency	(000	)	($000	)
12	Japan Expressway Holding & Debt Repayment Agency	1.240%	7/31/35	JPY	600,000		6,412
12	Japan Expressway Holding & Debt Repayment Agency	0.934%	1/31/36	JPY	3,600,000		36,945
12	Japan Expressway Holding & Debt Repayment Agency	0.306%	4/30/36	JPY	200,000		1,873
12	Japan Expressway Holding & Debt Repayment Agency	0.149%	7/31/36	JPY	2,000,000		18,202
12	Japan Expressway Holding & Debt Repayment Agency	0.397%	10/31/36	JPY	200,000		1,892
12	Japan Expressway Holding & Debt Repayment Agency	0.591%	1/29/38	JPY	2,000,000		19,470
12	Japan Expressway Holding & Debt Repayment Agency	0.538%	5/31/38	JPY	400,000		3,861
	Japan Expressway Holding & Debt Repayment Agency	0.500%	9/17/38	JPY	200,000		1,889
12	Japan Expressway Holding & Debt Repayment Agency	0.625%	9/30/38	JPY	400,000		3,917
	Japan Expressway Holding & Debt Repayment Agency	0.500%	3/18/39	JPY	200,000		1,887
12	Japan Expressway Holding & Debt Repayment Agency	2.300%	2/29/40	JPY	200,000		2,561
	Japan Expressway Holding & Debt Repayment Agency	2.960%	3/19/46	JPY	350,000		5,140
	Japan Expressway Holding & Debt Repayment Agency	2.870%	12/20/46	JPY	80,000		1,170
	Japan Expressway Holding & Debt Repayment Agency	2.700%	3/20/48	JPY	2,050,000		29,631
	Japan Expressway Holding & Debt Repayment Agency	0.542%	5/31/49	JPY	900,000		8,539
12	Japan Expressway Holding & Debt Repayment Agency	0.306%	3/31/50	JPY	300,000		2,664
	Japan Expressway Holding & Debt Repayment Agency	1.861%	3/19/55	JPY	2,400,000		30,540
	Japan Expressway Holding and Debt Repayment Agency	2.410%	4/20/29	JPY	350,000		3,928
12	Japan Finance Organization for Municipalities	1.000%	9/14/21	JPY	220,600		2,084
	Japan Finance Organization for Municipalities	0.875%	9/22/21	EUR	5,000		5,565
12	Japan Finance Organization for Municipalities	0.576%	9/24/21	JPY	600,000		5,638
12	Japan Finance Organization for Municipalities	0.900%	3/14/22	JPY	600,000		5,687
12	Japan Finance Organization for Municipalities	0.977%	4/22/22	JPY	2,200,000		20,901
12	Japan Finance Organization for Municipalities	0.819%	9/16/22	JPY	1,000,000		9,503
	Japan Finance Organization for Municipalities	0.801%	10/28/22	JPY	850,000		8,073
12	Japan Finance Organization for Municipalities	0.815%	2/17/23	JPY	1,500,000		14,300
12	Japan Finance Organization for Municipalities	0.668%	3/17/23	JPY	370,000		3,515

73

Total International Bond Index Fund

						Face			Market
			Maturity			Amount			Value•
		Coupon		Date	Currency		(000	)		($000	)
	Japan Finance Organization for Municipalities	0.678%		3/28/23	JPY		500,000			4,747
	Japan Finance Organization for Municipalities	0.576%		4/28/23	JPY		800,000			7,575
12	Japan Finance Organization for Municipalities	0.882%		6/16/23	JPY		1,000,000			9,578
12	Japan Finance Organization for Municipalities	0.311%		7/28/23	JPY		1,830,000			17,231
	Japan Finance Organization for Municipalities	0.922%		7/28/23	JPY		300,000			2,876
12	Japan Finance Organization for Municipalities	0.801%		9/15/23	JPY		50,000			479
12	Japan Finance Organization for Municipalities	0.669%		11/17/23	JPY		1,579,000			15,070
12	Japan Finance Organization for Municipalities	0.660%		2/16/24	JPY		1,000,000			9,567
12	Japan Finance Organization for Municipalities	0.669%		4/12/24	JPY		1,550,000			14,836
12	Japan Finance Organization for Municipalities	0.660%		5/21/24	JPY		3,058,000			29,278
12	Japan Finance Organization for Municipalities	0.391%		4/25/25	JPY		225,000			2,142
12	Japan Finance Organization for Municipalities	0.484%		6/13/25	JPY		202,000			1,930
12	Japan Finance Organization for Municipalities	0.320%		1/19/26	JPY		1,000,000			9,493
12	Japan Finance Organization for Municipalities	0.145%		2/16/26	JPY		90,000			846
12	Japan Finance Organization for Municipalities	0.020%		3/13/26	JPY		149,700			1,397
12	Japan Finance Organization for Municipalities	0.140%		4/16/27	JPY		250,000			2,351
12	Japan Finance Organization for Municipalities	0.110%		5/21/27	JPY		1,500,000			14,080
12	Japan Finance Organization for Municipalities	0.160%		7/16/27	JPY		1,000,000			9,423
12	Japan Finance Organization for Municipalities	0.170%		10/15/27	JPY		1,000,000			9,434
	Japan Finance Organization for Municipalities	0.160%		11/15/27	JPY		2,000,000			18,855
	Japan Finance Organization for Municipalities	0.185%		1/21/28	JPY		2,000,000			18,896
	Japan Finance Organization for Municipalities	2.290%		4/27/29	JPY		80,000			890
	Japan Finance Organization for Municipalities	2.220%		1/28/30	JPY		2,130,000			23,862
	Japan Highway Public Corp.	2.700%		6/20/22	JPY		390,000			3,842
	Japan Highway Public Corp.	1.540%		12/20/22	JPY		500,000			4,844
	Japan Housing Finance Agency	0.075%		10/20/26	JPY		4,230,000			39,376
	Major Joint Local Government Bond	1.280%		2/25/21	JPY		200,000			1,882
	Major Joint Local Government Bond	1.180%		5/25/21	JPY		500,000			4,716
	Major Joint Local Government Bond	1.050%		8/25/21	JPY		500,000			4,722
	Major Joint Local Government Bond	1.030%		9/24/21	JPY		7,890,000			74,559
	Major Joint Local Government Bond	1.000%		10/25/21	JPY		6,100,000			57,666

74

Total International Bond Index Fund

				Face		Market
		Maturity		Amount		Value•
	Coupon	Date	Currency	(000	)	($000	)
Major Joint Local Government Bond	1.030%	11/25/21	JPY	200,000		1,893
Major Joint Local Government Bond	1.070%	12/24/21	JPY	400,000		3,794
Major Joint Local Government Bond	1.010%	2/25/22	JPY	75,000		711
Major Joint Local Government Bond	0.890%	6/24/22	JPY	800,000		7,594
Major Joint Local Government Bond	0.820%	9/22/22	JPY	90,000		855
Major Joint Local Government Bond	0.800%	11/25/22	JPY	250,000		2,376
Major Joint Local Government Bond	0.720%	12/22/22	JPY	400,000		3,796
Major Joint Local Government Bond	0.680%	3/24/23	JPY	700,000		6,647
Major Joint Local Government Bond	0.910%	7/25/23	JPY	500,000		4,793
Major Joint Local Government Bond	0.820%	8/25/23	JPY	90,000		861
Major Joint Local Government Bond	0.680%	10/25/23	JPY	200,000		1,906
Major Joint Local Government Bond	0.660%	11/24/23	JPY	1,440,000		13,726
Major Joint Local Government Bond	0.710%	12/25/23	JPY	3,700,000		35,351
Major Joint Local Government Bond	0.760%	1/25/24	JPY	1,500,000		14,365
Major Joint Local Government Bond	0.689%	4/25/24	JPY	250,000		2,392
Major Joint Local Government Bond	0.674%	5/24/24	JPY	400,000		3,826
Major Joint Local Government Bond	0.659%	6/25/24	JPY	800,000		7,652
Major Joint Local Government Bond	0.611%	7/25/24	JPY	700,000		6,685
Major Joint Local Government Bond	0.566%	8/23/24	JPY	500,000		4,768
Major Joint Local Government Bond	0.554%	9/25/24	JPY	1,500,000		14,302
Major Joint Local Government Bond	0.456%	12/25/24	JPY	2,400,000		22,854
Major Joint Local Government Bond	0.448%	2/25/25	JPY	2,300,000		21,874
Major Joint Local Government Bond	0.470%	3/25/25	JPY	1,750,000		16,659
Major Joint Local Government Bond	0.406%	4/25/25	JPY	3,650,000		34,656
Major Joint Local Government Bond	0.553%	5/23/25	JPY	5,100,000		48,766
Major Joint Local Government Bond	0.548%	6/25/25	JPY	2,600,000		24,868
Major Joint Local Government Bond	0.553%	7/25/25	JPY	1,243,700		11,902
Major Joint Local Government Bond	0.500%	8/25/25	JPY	1,600,000		15,276
Major Joint Local Government Bond	0.510%	9/25/25	JPY	2,170,600		20,742
Major Joint Local Government Bond	0.496%	11/25/25	JPY	1,000,000		9,556
Major Joint Local Government Bond	0.469%	12/25/25	JPY	5,100,000		48,677
Major Joint Local Government Bond	0.145%	12/25/26	JPY	3,300,000		30,952
Major Joint Local Government Bond	0.180%	1/25/27	JPY	3,090,000		29,052
Major Joint Local Government Bond	0.245%	2/25/27	JPY	1,700,000		16,048
Major Joint Local Government Bond	0.210%	3/25/27	JPY	1,948,000		18,353
Major Joint Local Government Bond	0.215%	10/25/27	JPY	792,400		7,508
Major Joint Local Government Bond	0.240%	2/25/28	JPY	399,000		3,771
Major Joint Local Government Bond	0.180%	4/25/28	JPY	5,700,000		53,624
Major Joint Local Government Bond	0.200%	5/25/28	JPY	890,000		8,386
Major Joint Local Government Bond	0.175%	7/25/28	JPY	30,000		282
Major Joint Local Government Bond	0.160%	1/25/29	JPY	1,610,000		15,116
Major Joint Local Government Bond	0.140%	2/22/29	JPY	1,600,000		14,995
Metropolitan Expressway Co. Ltd.	0.030%	6/18/21	JPY	500,000		4,658
Metropolitan Expressway Co. Ltd.	0.030%	9/17/21	JPY	300,000		2,795
Metropolitan Expressway Co. Ltd.	0.090%	9/20/22	JPY	600,000		5,599
Osaka Prefecture	1.453%	9/26/34	JPY	270,000		2,923
Shoko Chukin Bank Ltd.	0.060%	5/27/22	JPY	4,200,000		39,106
Tokyo Metropolitan Government	0.990%	9/17/21	JPY	200,000		1,889
Tokyo Metropolitan Government	1.020%	9/17/21	JPY	500,000		4,724
Tokyo Metropolitan Government	0.990%	12/20/21	JPY	103,500		980
Tokyo Metropolitan Government	0.770%	9/20/22	JPY	300,000		2,843
Tokyo Metropolitan Government	0.760%	12/20/22	JPY	185,000		1,758
Tokyo Metropolitan Government	0.860%	3/20/23	JPY	800,000		7,637
Tokyo Metropolitan Government	0.700%	9/20/23	JPY	450,000		4,291
Tokyo Metropolitan Government	0.720%	12/20/23	JPY	30,000		287

75

Total International Bond Index Fund

							Face			Market
				Maturity			Amount			Value•
		Coupon			Date	Currency		(000	)	($000		)
	Tokyo Metropolitan Government	0.730	%		12/20/23	JPY		2,000,000			19,124
	Tokyo Metropolitan Government	0.635	%		3/19/24	JPY		700,000			6,682
	Tokyo Metropolitan Government	0.690	%		3/19/24	JPY		190,000			1,817
	Tokyo Metropolitan Government	0.505	%		9/20/24	JPY		700,000			6,663
	Tokyo Metropolitan Government	0.426	%		12/20/24	JPY		140,000			1,329
	Tokyo Metropolitan Government	0.386	%		3/19/25	JPY		1,000,000			9,488
	Tokyo Metropolitan Government	0.435	%		3/19/25	JPY		2,478,000			23,567
	Tokyo Metropolitan Government	0.499	%		6/20/25	JPY		750,000			7,157
	Tokyo Metropolitan Government	0.533	%		6/20/25	JPY		500,000			4,780
	Tokyo Metropolitan Government	0.456	%		9/19/25	JPY		500,000			4,766
	Tokyo Metropolitan Government	0.475	%		9/19/25	JPY		1,100,000			10,495
	Tokyo Metropolitan Government	0.444	%		12/19/25	JPY		670,000			6,388
	Tokyo Metropolitan Government	0.075	%		9/18/26	JPY		177,400			1,657
	Tokyo Metropolitan Government	0.210	%		3/19/27	JPY		2,000,000			18,854
	Tokyo Metropolitan Government	0.040	%		6/20/29	JPY		1,600,000			14,853
	Tokyo Metropolitan Government	1.980	%		6/20/31	JPY		100,000			1,121
	Tokyo Metropolitan Government	1.293	%		6/20/35	JPY		100,000			1,068
	West Nippon Expressway Co. Ltd.	0.090	%		9/20/22	JPY		500,000			4,665
	West Nippon Expressway Co. Ltd.	0.070	%		9/20/23	JPY		1,000,000			9,326
	West Nippon Expressway Co. Ltd.	0.170	%		5/22/26	JPY		830,000			7,762
											27,270,577
Total Japan (Cost $25,976,550)											27,729,997
Jersey, C.I. (0.0%)
Sovereign Bonds (0.0%)
	Bailiwick of Jersey	3.750	%		6/9/54	GBP		1,510			2,872
Total Jersey, C.I. (Cost $2,581)											2,872
Kazakhstan (0.0%)
Sovereign Bonds (0.0%)
	Republic of Kazakhstan	1.550	%		11/9/23	EUR		2,000			2,145
2	Republic of Kazakhstan	1.550	%		11/9/23	EUR		3,150			3,378
2	Republic of Kazakhstan	0.600	%		9/30/26	EUR		6,300			6,239
	Republic of Kazakhstan	0.600	%		9/30/26	EUR		2,500			2,476
	Republic of Kazakhstan	2.375	%		11/9/28	EUR		10,000			10,860
2	Republic of Kazakhstan	1.500	%		9/30/34	EUR		4,800			4,396
Total Kazakhstan (Cost $32,348)											29,494
Latvia (0.0%)
Sovereign Bonds (0.0%)
2	Republic of Latvia	2.625	%		1/21/21	EUR		1,000			1,111
	Republic of Latvia	2.625	%		1/21/21	EUR		1,000			1,112
	Republic of Latvia	2.875	%		4/30/24	EUR		1,000			1,210
Total Latvia (Cost $3,673)											3,433
Lithuania (0.0%)
Sovereign Bonds (0.0%)
	Republic of Lithuania	2.125	%		10/29/26	EUR		13,800			16,906
Total Lithuania (Cost $16,730)											16,906
Luxembourg (0.1%)
Corporate Bonds (0.1%)
	ArcelorMittal	3.125	%		1/14/22	EUR		11,000			12,032
	ArcelorMittal	0.950	%		1/17/23	EUR		13,600			14,015

76

Total International Bond Index Fund

					Face	Market
			Maturity		Amount	Value•
		Coupon	Date	Currency	(000)	($000	)
	Blackstone Property Partners Europe Holdings Sarl	1.400%	7/6/22	EUR	3,100	3,376
	Blackstone Property Partners Europe Holdings Sarl	0.500%	9/12/23	EUR	5,000	5,268
	Blackstone Property Partners Europe Holdings Sarl	2.000%	2/15/24	EUR	9,300	10,110
	Blackstone Property Partners Europe Holdings Sarl	2.200%	7/24/25	EUR	9,550	10,418
	Blackstone Property Partners Europe Holdings Sarl	1.750%	3/12/29	EUR	17,000	17,095
	Logicor Financing Sarl	1.500%	11/14/22	EUR	7,000	7,669
	Logicor Financing Sarl	2.250%	5/13/25	EUR	3,100	3,422
	Logicor Financing Sarl	3.250%	11/13/28	EUR	17,800	19,930
	NORD/LB Luxembourg SA Covered Bond Bank	0.375%	6/15/23	EUR	10,000	11,081
	NORD/LB Luxembourg SA Covered Bond Bank	0.375%	3/7/24	EUR	5,000	5,560
	Prologis International Funding II SA	0.875%	7/9/29	EUR	6,000	6,081
	SELP Finance Sarl	1.250%	10/25/23	EUR	4,100	4,461
						130,518
Sovereign Bonds (0.0%)
	Grand Duchy of Luxembourg	3.375%	5/18/20	EUR	4,000	4,389
	Grand Duchy of Luxembourg	2.250%	3/21/22	EUR	4,000	4,607
	Grand Duchy of Luxembourg	2.250%	3/19/28	EUR	3,000	3,934
						12,930
Total Luxembourg (Cost $153,137)						143,448
Malaysia (0.6%)
Sovereign Bonds (0.6%)
	Federation of Malaysia	4.048%	9/30/21	MYR	30,500	7,258
	Federation of Malaysia	3.418%	8/15/22	MYR	15,000	3,566
	Federation of Malaysia	3.795%	9/30/22	MYR	160,000	38,392
	Federation of Malaysia	3.480%	3/15/23	MYR	110,500	26,452
	Federation of Malaysia	3.757%	4/20/23	MYR	100,000	24,090
	Federation of Malaysia	3.800%	8/17/23	MYR	165,000	39,917
	Federation of Malaysia	3.478%	6/14/24	MYR	160,000	38,532
	Federation of Malaysia	4.181%	7/15/24	MYR	142,000	35,125
	Federation of Malaysia	4.059%	9/30/24	MYR	54,000	13,320
	Federation of Malaysia	3.882%	3/14/25	MYR	85,000	20,881
	Federation of Malaysia	3.955%	9/15/25	MYR	427,000	106,441
	Federation of Malaysia	4.392%	4/15/26	MYR	70,000	17,768
	Federation of Malaysia	3.906%	7/15/26	MYR	129,000	31,994
	Federation of Malaysia	3.900%	11/30/26	MYR	131,500	32,668
	Federation of Malaysia	3.892%	3/15/27	MYR	500	124
	Federation of Malaysia	3.899%	11/16/27	MYR	97,000	24,193
	Federation of Malaysia	3.733%	6/15/28	MYR	256,400	63,367
	Federation of Malaysia	3.885%	8/15/29	MYR	123,285	31,061
	Federation of Malaysia	4.498%	4/15/30	MYR	140,500	36,831
	Federation of Malaysia	4.232%	6/30/31	MYR	20,700	5,335
	Federation of Malaysia	4.127%	4/15/32	MYR	25,000	6,391
	Federation of Malaysia	3.844%	4/15/33	MYR	293,550	73,023
	Federation of Malaysia	4.642%	11/7/33	MYR	113,700	30,551
	Federation of Malaysia	3.828%	7/5/34	MYR	119,600	30,147
	Federation of Malaysia	4.254%	5/31/35	MYR	107,000	27,667

77

Total International Bond Index Fund

						Face			Market
				Maturity		Amount			Value•
		Coupon		Date	Currency		(000	)		($000	)
	Federation of Malaysia	4.762	%	4/7/37	MYR		46,600			12,752
	Federation of Malaysia	4.893	%	6/8/38	MYR		197,500			54,928
	Federation of Malaysia	3.757	%	5/22/40	MYR		40,000			9,795
	Federation of Malaysia	4.935	%	9/30/43	MYR		9,298			2,587
	Federation of Malaysia	4.736	%	3/15/46	MYR		35,000			9,448
	Federation of Malaysia	4.921	%	7/6/48	MYR		114,000			32,216
Total Malaysia (Cost $876,840)										886,820
Mexico (0.6%)
Corporate Bonds (0.0%)
	America Movil SAB de CV	3.000	%	7/12/21	EUR		2,700			3,020
	America Movil SAB de CV	4.750	%	6/28/22	EUR		5,005			5,909
	America Movil SAB de CV	1.500	%	3/10/24	EUR		600			664
	America Movil SAB de CV	5.000	%	10/27/26	GBP		2,300			3,444
	America Movil SAB de CV	0.750	%	6/26/27	EUR		4,300			4,494
	America Movil SAB de CV	2.125	%	3/10/28	EUR		5,100			5,879
	America Movil SAB de CV	5.750	%	6/28/30	GBP		3,900			6,522
	America Movil SAB de CV	4.375	%	8/7/41	GBP		7,300			11,789
1	America Movil SAB de CV	6.375	%	9/6/73	EUR		8,400			10,304
	Fomento Economico Mexicano SAB de CV	1.750	%	3/20/23	EUR		1,692			1,838
										53,863
Sovereign Bonds (0.6%)
	United Mexican States	6.500	%	6/10/21	MXN		1,987,500			83,409
	United Mexican States	7.250	%	12/9/21	MXN		150,000			6,407
	United Mexican States	6.500	%	6/9/22	MXN		2,260,000			96,035
	United Mexican States	6.750	%	3/9/23	MXN		350,000			15,072
	United Mexican States	2.750	%	4/22/23	EUR		7,000			7,700
	United Mexican States	8.000	%	12/7/23	MXN		1,212,600			54,553
	United Mexican States	1.625	%	3/6/24	EUR		3,000			3,158
	United Mexican States	8.000	%	9/5/24	MXN		1,170,000			53,155
	United Mexican States	10.000	%	12/5/24	MXN		1,453,500			70,356
	United Mexican States	1.375	%	1/15/25	EUR		10,770			11,018
	United Mexican States	5.750	%	3/5/26	MXN		850,000			34,914
	United Mexican States	1.625	%	4/8/26	EUR		4,105			4,110
	United Mexican States	7.500	%	6/3/27	MXN		1,675,000			74,334
	United Mexican States	1.750	%	4/17/28	EUR		16,500			16,069
	United Mexican States	3.625	%	4/9/29	EUR		9,200			10,156
	United Mexican States	8.500	%	5/31/29	MXN		1,360,000			63,653
1	United Mexican States	1.125	%	1/17/30	EUR		7,630			6,735
	United Mexican States	3.375	%	2/23/31	EUR		18,000			19,301
	United Mexican States	7.750	%	5/29/31	MXN		765,000			33,689
	United Mexican States	7.750	%	11/23/34	MXN		510,000			22,404
	United Mexican States	10.000	%	11/20/36	MXN		450,000			23,341
	United Mexican States	8.500	%	11/18/38	MXN		945,000			42,600
	United Mexican States	2.875	%	4/8/39	EUR		9,885			8,954
	United Mexican States	7.750	%	11/13/42	MXN		1,138,000			46,944
	United Mexican States	3.000	%	3/6/45	EUR		7,500			6,790
	United Mexican States	8.000	%	11/7/47	MXN		785,000			33,513
	United Mexican States	5.625	%	3/19/14	GBP		6,006			7,190
	United Mexican States	4.000	%	3/15/15	EUR		3,400			2,986
										858,546

78

Total International Bond Index Fund

					Face		Market
			Maturity		Amount		Value•
		Coupon	Date	Currency	(000	)	($000	)
Total Mexico (Cost $1,147,956)							912,409
Morocco (0.0%)
Sovereign Bonds (0.0%)
	Kingdom of Morocco	3.500%	6/19/24	EUR	4,500		5,271
2	Kingdom of Morocco	1.500%	11/27/31	EUR	1,750		1,722
Total Morocco (Cost $7,686)							6,993
Netherlands (2.7%)
Asset-Backed/Commercial Mortgage-Backed Securities (0.1%)
	ABN AMRO Bank NV	3.500%	9/21/22	EUR	1,100		1,311
	ABN AMRO Bank NV	2.500%	9/5/23	EUR	7,000		8,359
	ABN AMRO Bank NV	2.375%	1/23/24	EUR	16,400		19,661
	ABN AMRO Bank NV	1.500%	9/30/30	EUR	21,700		27,098
	ABN AMRO Bank NV	1.000%	4/13/31	EUR	8,000		9,552
	Aegon Bank NV	0.250%	5/25/23	EUR	18,500		20,443
	Aegon Bank NV	0.750%	6/27/27	EUR	2,500		2,854
	Cooperatieve Rabobank UA	1.500%	4/26/38	EUR	4,000		5,268
	de Volksbank NV	0.500%	1/30/26	EUR	7,400		8,371
	de Volksbank NV	0.750%	10/24/31	EUR	5,000		5,813
	Highbury Finance BV	7.017%	3/20/23	GBP	565		787
	ING Bank NV	3.375%	1/10/22	EUR	11,100		12,889
	ING Bank NV	1.875%	5/22/23	EUR	17,400		20,237
	Nationale-Nederlanden Bank NV	0.250%	2/27/24	EUR	11,000		12,163
	NIBC Bank NV	0.250%	4/22/22	EUR	31,235		34,441
1	NIBC Bank NV	0.625%	6/1/58	EUR	11,600		13,175
							202,422
Corporate Bonds (0.7%)
	ABN AMRO Bank NV	4.125%	3/28/22	EUR	1,100		1,288
	ABN AMRO Bank NV	0.625%	5/31/22	EUR	600		661
	ABN AMRO Bank NV	1.375%	6/7/22	GBP	3,200		4,012
	ABN AMRO Bank NV	7.125%	7/6/22	EUR	6,500		7,947
	ABN AMRO Bank NV	0.500%	7/17/23	EUR	3,000		3,298
	ABN AMRO Bank NV	2.500%	11/29/23	EUR	4,100		4,824
	ABN AMRO Bank NV	0.875%	1/15/24	EUR	6,000		6,684
	ABN AMRO Bank NV	0.875%	1/14/26	EUR	1,000		1,158
	ABN AMRO Bank NV	1.375%	1/10/34	EUR	14,300		17,951
	ABN AMRO Bank NV	1.375%	1/12/37	EUR	21,900		28,014
	ABN AMRO Bank NV	1.450%	4/12/38	EUR	3,500		4,572
	ABN AMRO Bank NV	1.125%	4/23/39	EUR	5,000		6,224
	Aegon Bank NV	0.375%	11/21/24	EUR	10,000		11,132
	Aegon NV	1.000%	12/8/23	EUR	1,100		1,213
	Aegon NV	6.625%	12/16/39	GBP	1,000		2,122
1	Aegon NV	4.000%	4/25/44	EUR	2,000		2,288
	Akzo Nobel NV	1.750%	11/7/24	EUR	3,600		4,174
	Akzo Nobel NV	1.125%	4/8/26	EUR	4,100		4,664
	ASML Holding NV	3.375%	9/19/23	EUR	1,000		1,207
	ASML Holding NV	1.375%	7/7/26	EUR	10,800		12,546
	ASML Holding NV	1.625%	5/28/27	EUR	1,400		1,653
1	ASR Nederland NV	5.125%	9/29/45	EUR	3,000		3,655
1	ASR Nederland NV	3.375%	5/2/49	EUR	6,149		6,833
	Cooperatieve Rabobank UA	3.750%	11/9/20	EUR	14,150		15,723
	Cooperatieve Rabobank UA	4.375%	6/7/21	EUR	100		114
	Cooperatieve Rabobank UA	2.000%	9/16/21	CHF	8,900		9,453

79

Total International Bond Index Fund

					Face		Market
			Maturity		Amount		Value•
		Coupon	Date	Currency	(000	)	($000	)
	Cooperatieve Rabobank UA	0.125%	10/11/21	EUR	400		438
	Cooperatieve Rabobank UA	4.000%	1/11/22	EUR	23,800		27,737
	Cooperatieve Rabobank UA	2.250%	3/23/22	GBP	500		639
	Cooperatieve Rabobank UA	4.750%	6/6/22	EUR	5,600		6,714
	Cooperatieve Rabobank UA	4.125%	9/14/22	EUR	8,000		9,400
	Cooperatieve Rabobank UA	4.000%	9/19/22	GBP	3,187		4,244
	Cooperatieve Rabobank UA	0.500%	12/6/22	EUR	12,215		13,486
	Cooperatieve Rabobank UA	2.375%	5/22/23	EUR	5,750		6,708
	Cooperatieve Rabobank UA	3.875%	7/25/23	EUR	3,350		3,972
	Cooperatieve Rabobank UA	0.750%	8/29/23	EUR	17,300		19,088
	Cooperatieve Rabobank UA	1.250%	1/14/25	GBP	3,400		4,186
	Cooperatieve Rabobank UA	4.125%	7/14/25	EUR	20,000		26,276
	Cooperatieve Rabobank UA	1.250%	3/23/26	EUR	5,800		6,711
	Cooperatieve Rabobank UA	4.250%	5/12/26	AUD	800		579
1	Cooperatieve Rabobank UA	2.500%	5/26/26	EUR	21,602		23,680
	Cooperatieve Rabobank UA	3.125%	9/15/26	CHF	4,000		4,904
	Cooperatieve Rabobank UA	1.375%	2/3/27	EUR	4,400		5,169
	Cooperatieve Rabobank UA	5.250%	9/14/27	GBP	15,612		22,775
	Cooperatieve Rabobank UA	0.875%	2/8/28	EUR	11,100		12,947
	Cooperatieve Rabobank UA	0.875%	2/1/29	EUR	10,000		11,709
	Cooperatieve Rabobank UA	4.625%	5/23/29	GBP	9,500		13,654
	Cooperatieve Rabobank UA	4.550%	8/30/29	GBP	7,108		11,142
	Cooperatieve Rabobank UA	1.250%	5/31/32	EUR	7,500		9,222
	Cooperatieve Rabobank UA	0.750%	6/21/39	EUR	5,000		5,845
	Cooperatieve Rabobank UA	5.250%	5/23/41	GBP	800		1,637
	de Volksbank NV	0.750%	5/18/27	EUR	5,000		5,770
1	Delta Lloyd Levensverzekering NV	9.000%	8/29/42	EUR	19,034		24,407
1	ELM BV for Helvetia Schweizerische Versicherungsgesellschaft AG	3.375%	9/29/47	EUR	6,000		6,839
	EXOR NV	2.500%	10/8/24	EUR	10,000		11,694
	EXOR NV	1.750%	1/18/28	EUR	5,300		5,903
	Heineken NV	1.500%	12/7/24	EUR	5,100		5,838
	Heineken NV	2.875%	8/4/25	EUR	5,900		7,227
	Heineken NV	1.375%	1/29/27	EUR	10,100		11,603
	Heineken NV	1.500%	10/3/29	EUR	500		581
	ING Bank NV	4.875%	1/18/21	EUR	1,300		1,471
	ING Bank NV	0.375%	11/26/21	EUR	6,400		7,006
	ING Bank NV	4.500%	2/21/22	EUR	13,200		15,488
	ING Bank NV	0.875%	4/11/28	EUR	15,600		18,257
	ING Groep NV	0.750%	3/9/22	EUR	36,300		39,774
	ING Groep NV	1.000%	9/20/23	EUR	6,100		6,738
	ING Groep NV	1.125%	2/14/25	EUR	14,400		15,966
	ING Groep NV	2.125%	1/10/26	EUR	15,000		17,516
	ING Groep NV	3.000%	2/18/26	GBP	7,000		9,148
	ING Groep NV	1.375%	1/11/28	EUR	300		337
	ING Groep NV	2.000%	9/20/28	EUR	16,700		19,651
1	ING Groep NV	2.500%	2/15/29	EUR	10,000		11,313
1	ING Groep NV	1.625%	9/26/29	EUR	26,700		29,371
	Koninklijke Ahold Delhaize NV	1.125%	3/19/26	EUR	100		113
	Koninklijke DSM NV	2.375%	4/3/24	EUR	1,700		2,001
	Koninklijke DSM NV	1.000%	4/9/25	EUR	3,200		3,613
	Koninklijke DSM NV	0.750%	9/28/26	EUR	100		112
	Koninklijke KPN NV	4.250%	3/1/22	EUR	100		117
	Koninklijke KPN NV	0.625%	4/9/25	EUR	10,000		10,885

80

Total International Bond Index Fund

					Face		Market
			Maturity		Amount		Value•
		Coupon	Date	Currency	(000	)	($000	)
	Koninklijke KPN NV	5.000%	11/18/26	GBP	3,660		5,251
	Koninklijke KPN NV	5.750%	9/17/29	GBP	5,415		8,334
	Koninklijke Philips NV	0.500%	5/22/26	EUR	100		111
	Koninklijke Philips NV	1.375%	5/2/28	EUR	7,700		9,063
	LeasePlan Corp. NV	0.750%	10/3/22	EUR	1,575		1,662
	Nationale-Nederlanden Bank NV	0.500%	10/10/24	EUR	800		896
	Nationale-Nederlanden Bank NV	0.375%	2/26/25	EUR	13,200		13,913
	Nationale-Nederlanden Bank NV	0.625%	9/11/25	EUR	7,700		8,686
	NIBC Bank NV	1.500%	1/31/22	EUR	17,954		19,760
	NIBC Bank NV	1.125%	4/19/23	EUR	24,300		26,326
	NIBC Bank NV	3.125%	11/15/23	GBP	12,000		15,357
	NIBC Bank NV	0.875%	7/8/25	EUR	12,800		13,448
	NIBC Bank NV	0.500%	3/19/27	EUR	15,300		17,169
	NIBC Bank NV	1.000%	9/11/28	EUR	5,000		5,839
	NIBC Bank NV	0.010%	10/15/29	EUR	10,000		10,712
	NN Group NV	1.000%	3/18/22	EUR	22,200		24,422
	NN Group NV	0.875%	1/13/23	EUR	500		549
	NN Group NV	1.625%	6/1/27	EUR	330		373
1	NN Group NV	4.625%	1/13/48	EUR	3,400		4,132
1	NN Group NV	4.375%	12/31/49	EUR	1,000		1,153
	PostNL NV	1.000%	11/21/24	EUR	1,900		2,107
	PostNL NV	0.625%	9/23/26	EUR	5,000		5,364
	Shell International Finance BV	1.250%	3/15/22	EUR	400		444
	Shell International Finance BV	1.000%	4/6/22	EUR	200		221
	Shell International Finance BV	0.375%	2/15/25	EUR	23,600		25,687
	Shell International Finance BV	1.625%	1/20/27	EUR	24,431		28,364
	Shell International Finance BV	0.125%	11/8/27	EUR	10,000		10,438
	Shell International Finance BV	1.250%	5/12/28	EUR	600		680
	Shell International Finance BV	0.750%	8/15/28	EUR	5,000		5,451
	Shell International Finance BV	0.875%	11/8/39	EUR	9,900		9,858
	Vesteda Finance BV	1.500%	5/24/27	EUR	4,000		4,417
	Wolters Kluwer NV	2.875%	3/21/23	EUR	5,000		5,844
							991,042
Sovereign Bonds (1.9%)
	Alliander NV	2.875%	6/14/24	EUR	500		607
	BNG Bank NV	1.875%	1/14/21	EUR	12,000		13,341
	BNG Bank NV	1.125%	5/24/21	GBP	1,900		2,411
	BNG Bank NV	0.375%	1/14/22	EUR	15,000		16,631
	BNG Bank NV	0.500%	8/26/22	EUR	37,000		41,363
	BNG Bank NV	2.250%	8/30/22	EUR	5,000		5,804
	BNG Bank NV	4.750%	3/6/23	AUD	18,700		13,552
	BNG Bank NV	3.875%	5/26/23	EUR	28,000		34,597
	BNG Bank NV	5.250%	5/20/24	AUD	7,000		5,349
	BNG Bank NV	5.250%	5/20/24	AUD	1,000		764
	BNG Bank NV	0.250%	6/7/24	EUR	6,000		6,711
	BNG Bank NV	0.050%	7/13/24	EUR	25,000		27,730
	BNG Bank NV	1.125%	9/4/24	EUR	1,400		1,624
	BNG Bank NV	0.200%	11/9/24	EUR	20,000		22,341
	BNG Bank NV	0.500%	4/16/25	EUR	19,500		22,106
	BNG Bank NV	0.250%	5/7/25	EUR	28,550		31,976
	BNG Bank NV	3.250%	7/15/25	AUD	10,000		7,252
	BNG Bank NV	1.625%	8/26/25	GBP	500		661
	BNG Bank NV	1.000%	1/12/26	EUR	15,000		17,548
	BNG Bank NV	0.125%	4/11/26	EUR	7,300		8,149

81

Total International Bond Index Fund

					Face		Market
			Maturity		Amount		Value•
		Coupon	Date	Currency	(000	)	($000	)
	BNG Bank NV	3.250%	8/24/26	AUD	500		365
	BNG Bank NV	0.625%	6/19/27	EUR	27,800		32,137
	BNG Bank NV	3.500%	7/19/27	AUD	5,300		3,950
	BNG Bank NV	0.750%	1/11/28	EUR	21,100		24,639
	BNG Bank NV	3.300%	7/17/28	AUD	19,800		14,658
	BNG Bank NV	5.200%	12/7/28	GBP	3,200		5,503
	BNG Bank NV	0.750%	1/24/29	EUR	5,000		5,869
	BNG Bank NV	1.375%	10/21/30	EUR	6,000		7,526
	BNG Bank NV	0.875%	10/17/35	EUR	5,000		6,103
	BNG Bank NV	1.500%	3/29/38	EUR	3,000		4,036
	BNG Bank NV	1.500%	7/15/39	EUR	4,000		5,409
1	Eneco Holding NV	3.250%	12/29/49	EUR	3,600		3,988
	Enexis Holding NV	0.750%	7/2/31	EUR	9,000		9,882
2	Kingdom of Netherlands	3.250%	7/15/21	EUR	64,470		73,944
2	Kingdom of Netherlands	0.000%	1/15/22	EUR	115,550		128,103
2	Kingdom of Netherlands	2.250%	7/15/22	EUR	57,850		67,542
2	Kingdom of Netherlands	3.750%	1/15/23	EUR	10,280		12,629
2	Kingdom of Netherlands	1.750%	7/15/23	EUR	147,650		174,517
2	Kingdom of Netherlands	0.000%	1/15/24	EUR	26,500		29,763
2	Kingdom of Netherlands	2.000%	7/15/24	EUR	72,500		88,444
2	Kingdom of Netherlands	0.250%	7/15/25	EUR	107,220		122,921
2	Kingdom of Netherlands	0.750%	7/15/27	EUR	71,550		85,634
	Kingdom of Netherlands	5.500%	1/15/28	EUR	45,780		73,586
2	Kingdom of Netherlands	0.750%	7/15/28	EUR	100,582		121,255
2	Kingdom of Netherlands	0.250%	7/15/29	EUR	158,500		184,059
2	Kingdom of Netherlands	0.000%	7/15/30	EUR	100,000		113,189
2	Kingdom of Netherlands	2.500%	1/15/33	EUR	40,500		60,249
2	Kingdom of Netherlands	4.000%	1/15/37	EUR	76,410		143,339
2	Kingdom of Netherlands	0.500%	1/15/40	EUR	108,751		134,224
2	Kingdom of Netherlands	3.750%	1/15/42	EUR	108,870		221,295
2	Kingdom of Netherlands	2.750%	1/15/47	EUR	44,707		86,405
	Nederlandse Financierings Maatschappij voor Ontwikkelingslanden NV	0.125%	11/4/20	EUR	518		569
	Nederlandse Financierings Maatschappij voor Ontwikkelingslanden NV	0.125%	4/20/22	EUR	6,347		7,024
	Nederlandse Gasunie NV	3.625%	10/13/21	EUR	3,500		4,027
	Nederlandse Gasunie NV	2.625%	7/13/22	EUR	1,500		1,727
	Nederlandse Gasunie NV	1.000%	5/11/26	EUR	6,714		7,676
	Nederlandse Gasunie NV	0.375%	10/3/31	EUR	3,000		3,206
	Nederlandse Waterschapsbank NV	3.500%	1/14/21	EUR	5,000		5,626
	Nederlandse Waterschapsbank NV	0.875%	12/20/21	GBP	2,500		3,159
	Nederlandse Waterschapsbank NV	3.000%	3/28/22	EUR	2,000		2,331
	Nederlandse Waterschapsbank NV	0.500%	10/27/22	EUR	11,600		12,964
	Nederlandse Waterschapsbank NV	2.375%	1/27/23	CHF	3,000		3,348
	Nederlandse Waterschapsbank NV	0.125%	1/17/24	EUR	25,000		27,826
	Nederlandse Waterschapsbank NV	5.250%	4/18/24	AUD	8,500		6,465
	Nederlandse Waterschapsbank NV	5.200%	3/31/25	CAD	1,400		1,206
	Nederlandse Waterschapsbank NV	3.400%	7/22/25	AUD	3,500		2,550
	Nederlandse Waterschapsbank NV	3.150%	9/2/26	AUD	8,980		6,515
	Nederlandse Waterschapsbank NV	3.250%	3/9/27	EUR	10,000		13,534
	Nederlandse Waterschapsbank NV	1.000%	3/1/28	EUR	6,000		7,146
	Nederlandse Waterschapsbank NV	3.450%	7/17/28	AUD	3,700		2,756
	Nederlandse Waterschapsbank NV	3.300%	5/2/29	AUD	4,500		3,332
	Nederlandse Waterschapsbank NV	0.500%	4/29/30	EUR	5,500		6,344
	Nederlandse Waterschapsbank NV	3.000%	9/11/31	EUR	6,000		8,744

82

Total International Bond Index Fund

					Face		Market
			Maturity		Amount		Value•
		Coupon	Date	Currency	(000	)	($000	)
	Nederlandse Waterschapsbank NV	5.375%	6/7/32	GBP	10,000		18,716
	Nederlandse Waterschapsbank NV	1.250%	5/27/36	EUR	18,200		23,196
	Nederlandse Waterschapsbank NV	1.500%	6/15/39	EUR	5,000		6,757
	Nederlandse Waterschapsbank NV	0.750%	10/4/41	EUR	42,300		51,042
	Stedin Holding NV	0.875%	10/24/25	EUR	14,200		16,013
	Stedin Holding NV	1.375%	9/19/28	EUR	5,000		5,838
	TenneT Holding BV	4.500%	2/9/22	EUR	1,500		1,766
	TenneT Holding BV	1.000%	6/13/26	EUR	200		228
	TenneT Holding BV	1.375%	6/5/28	EUR	6,500		7,614
	TenneT Holding BV	1.375%	6/26/29	EUR	10,523		12,377
	TenneT Holding BV	1.250%	10/24/33	EUR	100		116
	TenneT Holding BV	1.500%	6/3/39	EUR	18,630		21,596
							2,629,014
Total Netherlands (Cost $3,767,113)							3,822,478
New Zealand (0.3%)
Asset-Backed/Commercial Mortgage-Backed Securities (0.1%)
	ANZ New Zealand International Ltd.	0.625%	1/27/22	EUR	5,000		5,549
	ASB Finance Ltd.	0.125%	10/18/23	EUR	4,900		5,383
	ASB Finance Ltd.	0.625%	10/18/24	EUR	3,625		4,070
	ASB Finance Ltd.	0.750%	10/9/25	EUR	5,000		5,657
	BNZ International Funding Ltd.	0.625%	7/3/25	EUR	15,000		16,861
	Westpac Securities NZ Ltd.	0.500%	1/17/24	EUR	10,000		11,124
							48,644
Corporate Bonds (0.0%)
	ANZ New Zealand International Ltd.	0.625%	6/1/21	EUR	1,200		1,315
	ASB Finance Ltd.	0.500%	6/10/22	EUR	20,886		22,899
	BNZ International Funding Ltd.	0.125%	6/17/21	EUR	1,000		1,098
	BNZ International Funding Ltd.	0.500%	5/13/23	EUR	5,100		5,561
	Fonterra Co-operative Group Ltd.	4.500%	6/30/21	AUD	2,200		1,479
	Fonterra Co-operative Group Ltd.	9.375%	12/4/23	GBP	1,200		1,910
	Fonterra Co-operative Group Ltd.	0.750%	11/8/24	EUR	1,520		1,655
	Fonterra Co-operative Group Ltd.	4.000%	11/2/27	AUD	300		211
	Housing New Zealand Ltd.	2.247%	10/5/26	NZD	1,550		1,016
	Westpac Securities NZ Ltd.	0.300%	6/25/24	EUR	8,000		8,657
							45,801
Sovereign Bonds (0.2%)
	Auckland Council	0.625%	11/13/24	EUR	10,000		11,288
	Auckland Council	3.500%	3/9/26	AUD	500		366
	Auckland Council	0.125%	9/26/29	EUR	3,100		3,290
	Housing New Zealand Ltd.	3.360%	6/12/25	NZD	10,650		7,310
	Housing New Zealand Ltd.	2.247%	10/5/26	NZD	25,000		16,396
	New Zealand	6.000%	5/15/21	NZD	27,500		17,879
	New Zealand	5.500%	4/15/23	NZD	25,000		17,740
	New Zealand	2.750%	4/15/25	NZD	86,500		59,378
	New Zealand	4.500%	4/15/27	NZD	46,000		35,855
	New Zealand	3.000%	4/20/29	NZD	50,000		36,637
	New Zealand	3.000%	4/20/29	NZD	14,500		10,625
	New Zealand	1.500%	5/15/31	NZD	42,000		27,412
	New Zealand	3.500%	4/14/33	NZD	25,000		20,031
	New Zealand	2.750%	4/15/37	NZD	45,635		34,866
	New Zealand Local Government Funding Agency Bond	1.500%	4/15/26	NZD	10,000		6,223

83

Total International Bond Index Fund

						Face			Market
			Maturity			Amount			Value•
		Coupon		Date	Currency		(000	)		($000	)
	New Zealand Local Government Funding Agency Ltd.	6.000%		5/15/21	NZD		4,000			2,595
	New Zealand Local Government Funding Agency Ltd.	5.500%		4/15/23	NZD		5,000			3,510
	New Zealand Local Government Funding Agency Ltd.	4.500%		4/15/27	NZD		2,000			1,503
	Transpower New Zealand Ltd.	5.750%		8/28/23	AUD		320			237
										313,141
Total New Zealand (Cost $410,401)										407,586
Norway (0.6%)
Asset-Backed/Commercial Mortgage-Backed Securities (0.2%)
	DNB Boligkreditt AS	5.000%		5/25/21	NOK		20,500			2,072
	DNB Boligkreditt AS	3.875%		6/16/21	EUR		19,400			22,210
	DNB Boligkreditt AS	2.750%		3/21/22	EUR		17,500			20,232
	DNB Boligkreditt AS	1.875%		11/21/22	EUR		13,000			15,006
	DNB Boligkreditt AS	0.250%		4/18/23	EUR		11,900			13,191
	DNB Boligkreditt AS	0.375%		11/20/24	EUR		10,000			11,200
	DNB Boligkreditt AS	0.625%		6/19/25	EUR		100			114
	DNB Boligkreditt AS	0.625%		1/14/26	EUR		15,000			17,045
	DNB Boligkreditt AS	0.250%		9/7/26	EUR		20,100			22,370
	Eika Boligkreditt AS	2.125%		1/30/23	EUR		12,000			13,950
	Eika Boligkreditt AS	0.375%		4/20/23	EUR		100			111
	Eika Boligkreditt AS	0.375%		2/26/25	EUR		1,600			1,788
	SpareBank 1 Boligkreditt AS	3.375%		9/7/21	EUR		10,000			11,483
	SpareBank 1 Boligkreditt AS	0.050%		1/25/22	EUR		15,000			16,513
	SpareBank 1 Boligkreditt AS	0.750%		9/5/22	EUR		10,000			11,209
	Sparebanken Vest Boligkreditt AS	0.750%		2/27/25	EUR		10,000			11,387
	Sparebanken Vest Boligkreditt AS	0.500%		2/12/26	EUR		19,900			22,484
	SR-Boligkreditt AS	0.125%		9/8/21	EUR		2,500			2,748
	SR-Boligkreditt AS	0.750%		1/18/23	EUR		10,000			11,224
										226,337
Corporate Bonds (0.1%)
	DNB Bank ASA	4.250%		1/18/22	EUR		300			350
	DNB Bank ASA	0.600%		9/25/23	EUR		6,000			6,609
1	DNB Bank ASA	1.125%		3/20/28	EUR		9,300			9,968
	Norsk Hydro ASA	1.125%		4/11/25	EUR		1,200			1,211
	Santander Consumer Bank AS	0.875%		1/21/22	EUR		500			549
	Santander Consumer Bank AS	0.750%		3/1/23	EUR		27,800			30,281
	Santander Consumer Bank AS	0.125%		9/11/24	EUR		9,000			9,480
	SpareBank 1 Boligkreditt AS	0.375%		3/9/23	EUR		11,750			13,060
	SpareBank 1 Boligkreditt AS	0.125%		5/14/26	EUR		10,000			11,075
	SpareBank 1 Boligkreditt AS	0.250%		8/30/26	EUR		2,000			2,224
	SpareBank 1 Boligkreditt AS	1.000%		1/30/29	EUR		10,000			11,804
	SpareBank 1 Boligkreditt AS	0.125%		11/5/29	EUR		10,000			10,943
	Sparebank 1 Oestlandet	0.875%		3/13/23	EUR		100			110
	SpareBank 1 SMN	0.750%		6/8/21	EUR		19,494			21,364
	SpareBank 1 SMN	0.500%		3/9/22	EUR		3,100			3,387
	SpareBank 1 SMN	0.750%		7/3/23	EUR		2,700			2,968
	SpareBank 1 SR-Bank ASA	0.375%		2/10/22	EUR		8,470			9,242
	SpareBank 1 SR-Bank ASA	0.625%		3/25/24	EUR		4,000			4,349
	SR-Boligkreditt AS	0.375%		10/3/24	EUR		1,600			1,788
1	Storebrand Livsforsikring AS	6.875%		4/4/43	EUR		100			121
										150,883

84

Total International Bond Index Fund

						Face			Market
			Maturity			Amount			Value•
		Coupon		Date	Currency		(000	)		($000	)
Sovereign Bonds (0.3%)
	Avinor AS	1.000%		4/29/25	EUR		100			110
	Equinor ASA	2.875%		9/10/25	EUR		11,400			13,912
	Equinor ASA	1.250%		2/17/27	EUR		18,600			20,935
	Equinor ASA	6.125%		11/27/28	GBP		200			340
	Equinor ASA	6.875%		3/11/31	GBP		7,150			13,521
	Equinor ASA	1.625%		2/17/35	EUR		5,100			5,787
	Equinor ASA	1.625%		11/9/36	EUR		2,000			2,266
2	Kingdom of Norway	3.750%		5/25/21	NOK		231,275			23,383
2	Kingdom of Norway	2.000%		5/24/23	NOK		392,915			40,333
2	Kingdom of Norway	3.000%		3/14/24	NOK		567,600			61,097
2	Kingdom of Norway	1.750%		3/13/25	NOK		175,000			18,225
2	Kingdom of Norway	1.500%		2/19/26	NOK		130,000			13,490
2	Kingdom of Norway	1.750%		2/17/27	NOK		153,000			16,235
2	Kingdom of Norway	2.000%		4/26/28	NOK		200,000			21,793
2	Kingdom of Norway	1.750%		9/6/29	NOK		356,904			38,569
2	Kingdom of Norway	1.375%		8/19/30	NOK		597,259			62,708
	Kommunalbanken AS	4.500%		7/18/22	AUD		3,700			2,610
	Kommunalbanken AS	4.500%		4/17/23	AUD		7,948			5,747
	Kommunalbanken AS	2.700%		9/5/23	AUD		800			555
	Kommunalbanken AS	1.500%		12/15/23	GBP		15,000			19,499
	Kommunalbanken AS	5.250%		7/15/24	AUD		6,270			4,816
	Kommunalbanken AS	4.250%		7/16/25	AUD		1,000			760
	Kommunalbanken AS	3.000%		12/9/26	AUD		9,000			6,529
	Kommunalbanken AS	0.875%		5/24/27	EUR		28,700			33,753
	Kommunalbanken AS	3.400%		7/24/28	AUD		7,500			5,614
	Statkraft AS	2.500%		11/28/22	EUR		2,500			2,889
	Statkraft AS	1.125%		3/20/25	EUR		15,000			16,992
	Statkraft AS	1.500%		3/26/30	EUR		2,710			3,148
	Statnett SF	0.875%		3/8/25	EUR		5,000			5,595
	Telenor ASA	2.750%		6/27/22	EUR		5,000			5,765
	Telenor ASA	2.500%		5/22/25	EUR		2,400			2,891
	Telenor ASA	0.750%		5/31/26	EUR		16,200			18,003
	Telenor ASA	1.125%		5/31/29	EUR		16,450			18,660
										506,530
Total Norway (Cost $952,389)										883,750
Peru (0.0%)
Sovereign Bonds (0.0%)
	Republic of Peru	2.750%		1/30/26	EUR		14,000			16,534
	Republic of Peru	3.750%		3/1/30	EUR		8,000			10,172
Total Peru (Cost $28,872)										26,706
Philippines (0.0%)
Sovereign Bonds (0.0%)
	Republic of the Philippines	0.875%		5/17/27	EUR		7,860			8,070
	Republic of the Philippines	0.700%		2/3/29	EUR		5,100			5,017
Total Philippines (Cost $14,493)										13,087
Poland (0.5%)
Corporate Bonds (0.0%)
	ORLEN Capital AB	2.500%		6/30/21	EUR		100			110
	ORLEN Capital AB	2.500%		6/7/23	EUR		5,700			6,456
										6,566

85

Total International Bond Index Fund

						Face			Market
			Maturity			Amount			Value•
		Coupon		Date	Currency		(000	)		($000	)
Sovereign Bonds (0.5%)
13	Bank Gospodarstwa Krajowego	1.375%		6/1/25	EUR		5,185			5,898
13	Bank Gospodarstwa Krajowego	1.750%		5/6/26	EUR		4,000			4,644
13	Bank Gospodarstwa Krajowego	1.625%		4/30/28	EUR		5,130			5,867
13	Bank Gospodarstwa Krajowego	2.000%		6/1/30	EUR		900			1,072
	Republic of Poland	2.000%		4/25/21	PLN		104,500			25,560
	Republic of Poland	1.750%		7/25/21	PLN		139,500			34,147
	Republic of Poland	5.750%		10/25/21	PLN		126,100			32,729
	Republic of Poland	0.500%		12/20/21	EUR		500			550
	Republic of Poland	4.500%		1/18/22	EUR		6,500			7,635
	Republic of Poland	2.250%		4/25/22	PLN		353,000			87,875
	Republic of Poland	5.750%		9/23/22	PLN		42,500			11,484
	Republic of Poland	3.750%		1/19/23	EUR		4,600			5,506
	Republic of Poland	2.500%		1/25/23	PLN		144,000			36,467
	Republic of Poland	4.000%		10/25/23	PLN		209,375			56,182
	Republic of Poland	3.000%		1/15/24	EUR		400			481
	Republic of Poland	2.500%		4/25/24	PLN		109,940			28,273
	Republic of Poland	3.375%		7/9/24	EUR		6,000			7,380
	Republic of Poland	2.250%		10/25/24	PLN		50,000			12,804
	Republic of Poland	5.250%		1/20/25	EUR		7,400			9,939
	Republic of Poland	3.250%		7/25/25	PLN		131,000			35,121
	Republic of Poland	1.500%		9/9/25	EUR		5,000			5,783
	Republic of Poland	1.500%		1/19/26	EUR		40,800			47,288
	Republic of Poland	2.500%		7/25/26	PLN		257,000			66,828
	Republic of Poland	1.125%		8/7/26	EUR		3,500			3,990
	Republic of Poland	0.875%		5/10/27	EUR		13,900			15,589
	Republic of Poland	2.500%		7/25/27	PLN		155,000			40,333
	Republic of Poland	1.375%		10/22/27	EUR		4,050			4,713
	Republic of Poland	2.750%		4/25/28	PLN		263,290			69,610
	Republic of Poland	1.000%		10/25/28	EUR		2,900			3,297
	Republic of Poland	5.750%		4/25/29	PLN		25,850			8,474
	Republic of Poland	2.750%		10/25/29	PLN		128,020			34,269
	Republic of Poland	2.375%		1/18/36	EUR		13,313			17,148
	Republic of Poland	2.000%		10/25/46	EUR		300			398
	Republic of Poland	4.000%		4/25/47	PLN		63,954			21,627
										748,961
Total Poland (Cost $769,218)										755,527
Portugal (0.7%)
Asset-Backed/Commercial Mortgage-Backed Securities (0.0%)
	Banco Santander Totta SA	1.250%		9/26/27	EUR		9,200			10,882
	Caixa Geral de Depositos SA	1.000%		1/27/22	EUR		4,900			5,462
										16,344
Corporate Bonds (0.1%)
	Banco Comercial Portugues SA	0.750%		5/31/22	EUR		700			777
	Banco Santander Totta SA	0.875%		4/25/24	EUR		100			113
	Brisa Concessao Rodoviaria SA	2.000%		3/22/23	EUR		200			223
	Brisa Concessao Rodoviaria SA	2.375%		5/10/27	EUR		13,300			14,965
	EDP Finance BV	2.625%		1/18/22	EUR		10,955			12,413
	EDP Finance BV	2.375%		3/23/23	EUR		800			921
	EDP Finance BV	1.875%		9/29/23	EUR		8,900			10,145
	EDP Finance BV	8.625%		1/4/24	GBP		9,005			13,856
	EDP Finance BV	1.125%		2/12/24	EUR		11,400			12,694
	EDP Finance BV	2.000%		4/22/25	EUR		11,700			13,548

86

Total International Bond Index Fund

					Face		Market
			Maturity		Amount		Value•
		Coupon	Date	Currency	(000	)	($000	)
	EDP Finance BV	1.875%	10/13/25	EUR	1,200		1,389
	EDP Finance BV	0.375%	9/16/26	EUR	10,000		10,597
	Galp Gas Natural Distribuicao SA	1.375%	9/19/23	EUR	2,600		2,824
	Ren Finance BV	1.750%	1/18/28	EUR	2,650		3,009
							97,474
Sovereign Bonds (0.6%)
2	Portuguese Republic	3.850%	4/15/21	EUR	51,000		58,148
2	Portuguese Republic	2.200%	10/17/22	EUR	65,000		75,403
2	Portuguese Republic	4.950%	10/25/23	EUR	43,100		55,368
2	Portuguese Republic	5.650%	2/15/24	EUR	80,000		106,114
2	Portuguese Republic	2.875%	10/15/25	EUR	81,086		101,213
	Portuguese Republic	4.125%	4/14/27	EUR	33,009		45,058
2	Portuguese Republic	0.700%	10/15/27	EUR	43,724		48,268
2	Portuguese Republic	1.950%	6/15/29	EUR	114,129		138,606
2	Portuguese Republic	3.875%	2/15/30	EUR	40,000		56,552
2	Portuguese Republic	0.475%	10/18/30	EUR	25,000		26,480
2	Portuguese Republic	2.250%	4/18/34	EUR	70,000		88,890
2	Portuguese Republic	4.100%	4/15/37	EUR	16,700		26,409
2	Portuguese Republic	4.100%	2/15/45	EUR	44,000		73,451
							899,960
Total Portugal (Cost $1,007,382)							1,013,778
Romania (0.1%)
Corporate Bonds (0.0%)
	NE Property BV	1.875%	10/9/26	EUR	6,000		5,370
Sovereign Bonds (0.1%)
	Republic of Romania	3.625%	4/24/24	EUR	5,200		5,972
	Republic of Romania	2.750%	10/29/25	EUR	16,885		18,747
2	Republic of Romania	2.000%	12/8/26	EUR	3,650		3,820
	Republic of Romania	2.375%	4/19/27	EUR	22,500		23,835
	Republic of Romania	2.875%	5/26/28	EUR	33,525		36,108
	Republic of Romania	2.500%	2/8/30	EUR	7,000		7,236
	Republic of Romania	2.124%	7/16/31	EUR	3,050		2,891
2	Republic of Romania	2.124%	7/16/31	EUR	4,310		4,067
2	Republic of Romania	2.000%	1/28/32	EUR	4,500		4,160
	Republic of Romania	3.875%	10/29/35	EUR	8,000		8,687
	Republic of Romania	4.125%	3/11/39	EUR	3,000		3,245
	Republic of Romania	4.625%	4/3/49	EUR	10,000		10,956
2	Republic of Romania	4.625%	4/3/49	EUR	8,485		9,350
2	Republic of Romania	3.375%	1/28/50	EUR	10,000		9,300
							148,374
Total Romania (Cost $172,816)							153,744
Russia (0.4%)
Sovereign Bonds (0.4%)
	Gazprom OAO Via Gaz Capital SA	2.750%	11/30/21	CHF	2,100		2,188
	Gazprom OAO Via Gaz Capital SA	3.125%	11/17/23	EUR	500		564
	Gazprom OAO Via Gaz Capital SA	2.949%	1/24/24	EUR	500		560
	Gazprom OAO Via Gaz Capital SA	4.250%	4/6/24	GBP	3,643		4,646
	Russian Federation	7.600%	4/14/21	RUB	1,600,000		22,059
	Russian Federation	7.000%	12/15/21	RUB	450,000		6,223
	Russian Federation	7.600%	7/20/22	RUB	2,600,000		36,703

87

Total International Bond Index Fund

						Face			Market
			Maturity			Amount			Value•
		Coupon		Date	Currency		(000	)		($000	)
	Russian Federation	7.400%		12/7/22	RUB		745,000			10,545
	Russian Federation	7.000%		1/25/23	RUB		1,525,000			21,383
	Russian Federation	7.000%		8/16/23	RUB		3,070,000			43,334
	Russian Federation	6.500%		2/28/24	RUB		2,582,000			36,000
	Russian Federation	7.400%		7/17/24	RUB		2,749,000			39,607
	Russian Federation	7.100%		10/16/24	RUB		300,000			4,282
	Russian Federation	7.150%		11/12/25	RUB		900,000			12,972
	Russian Federation	2.875%		12/4/25	EUR		100			117
2	Russian Federation	2.875%		12/4/25	EUR		12,300			14,379
	Russian Federation	7.950%		10/7/26	RUB		2,350,000			35,451
	Russian Federation	8.150%		2/3/27	RUB		4,454,500			68,176
	Russian Federation	7.050%		1/19/28	RUB		2,650,000			38,442
	Russian Federation	6.900%		5/23/29	RUB		2,899,000			41,655
	Russian Federation	7.650%		4/10/30	RUB		3,000,000			45,286
	Russian Federation	7.700%		3/23/33	RUB		1,840,000			28,229
	Russian Federation	7.250%		5/10/34	RUB		2,535,500			37,677
	Russian Railways Via RZD Capital plc	7.487%		3/25/31	GBP		2,000			3,269
Total Russia (Cost $616,284)										553,747
Saudi Arabia (0.0%)
Sovereign Bonds (0.0%)
2	Kingdom of Saudi Arabia	0.750%		7/9/27	EUR		10,000			10,381
	Kingdom of Saudi Arabia	2.000%		7/9/39	EUR		14,600			14,669
Total Saudi Arabia (Cost $28,769)										25,050
Singapore (0.5%)
Corporate Bonds (0.0%)
	DBS Bank Ltd.	0.375%		1/23/24	EUR		11,000			12,223
1	DBS Group Holdings Ltd.	1.500%		4/11/28	EUR		5,000			5,402
1	DBS Group Holdings Ltd.	3.980%		12/31/49	SGD		1,750			1,261
	Oversea-Chinese Banking Corp. Ltd.	0.375%		3/1/23	EUR		2,060			2,284
	Oversea-Chinese Banking Corp. Ltd.	0.625%		4/18/25	EUR		10,000			11,293
1	Oversea-Chinese Banking Corp. Ltd.	4.000%		12/31/49	SGD		2,750			1,962
	United Overseas Bank Ltd.	0.500%		1/16/25	EUR		12,500			13,999
										48,424
Sovereign Bonds (0.5%)
	Housing & Development Board	3.140%		3/18/21	SGD		10,000			7,234
	Housing & Development Board	1.470%		7/19/21	SGD		30,000			21,458
	Housing & Development Board	3.100%		7/24/24	SGD		9,250			7,125
	Housing & Development Board	2.035%		9/16/26	SGD		9,750			7,245
	Housing & Development Board	2.675%		1/22/29	SGD		5,000			3,901
	Housing & Development Board	2.598%		10/30/29	SGD		6,000			4,661
	Housing & Development Board	3.080%		5/31/30	SGD		5,000			4,043
	Republic of Singapore	2.250%		6/1/21	SGD		45,370			32,819
	Republic of Singapore	1.750%		4/1/22	SGD		20,000			14,542
	Republic of Singapore	3.125%		9/1/22	SGD		69,000			51,948
	Republic of Singapore	1.750%		2/1/23	SGD		100,000			73,351
	Republic of Singapore	2.750%		7/1/23	SGD		10,150			7,701
	Republic of Singapore	2.000%		2/1/24	SGD		55,000			41,160
	Republic of Singapore	3.000%		9/1/24	SGD		16,500			12,926
	Republic of Singapore	2.375%		6/1/25	SGD		40,000			30,857
	Republic of Singapore	2.125%		6/1/26	SGD		21,240			16,357
	Republic of Singapore	3.500%		3/1/27	SGD		45,400			38,071
	Republic of Singapore	2.625%		5/1/28	SGD		73,000			59,044

88

Total International Bond Index Fund

						Face			Market
			Maturity			Amount			Value•
		Coupon		Date	Currency		(000	)		($000	)
	Republic of Singapore	2.625%		5/1/28	SGD		24,000			19,418
	Republic of Singapore	2.875%		7/1/29	SGD		13,435			11,178
	Republic of Singapore	2.875%		9/1/30	SGD		19,600			16,447
	Republic of Singapore	3.375%		9/1/33	SGD		32,000			28,965
	Republic of Singapore	2.250%		8/1/36	SGD		25,500			20,820
	Republic of Singapore	2.375%		7/1/39	SGD		24,600			20,793
	Republic of Singapore	2.750%		4/1/42	SGD		21,485			19,475
	Republic of Singapore	2.750%		3/1/46	SGD		47,250			43,853
	Republic of Singapore	1.875%		3/1/50	SGD		9,000			7,326
	Temasek Financial I Ltd.	0.500%		3/1/22	EUR		9,000			9,918
	Temasek Financial I Ltd.	0.500%		11/20/31	EUR		22,000			23,746
	Temasek Financial I Ltd.	5.125%		7/26/40	GBP		6,500			13,816
	Temasek Financial I Ltd.	1.250%		11/20/49	EUR		2,000			2,341
										672,539
Total Singapore (Cost $696,168)										720,963
Slovakia (0.2%)
Sovereign Bonds (0.2%)
	Slovak Republic	3.000%		2/28/23	EUR		5,000			5,952
	Slovak Republic	0.000%		11/13/23	EUR		62,800			69,211
	Slovak Republic	3.375%		11/15/24	EUR		20,000			25,332
	Slovak Republic	0.625%		5/22/26	EUR		13,000			14,542
	Slovak Republic	1.375%		1/21/27	EUR		21,200			24,767
	Slovak Republic	1.000%		6/12/28	EUR		33,770			38,702
	Slovak Republic	3.625%		1/16/29	EUR		3,000			4,174
	Slovak Republic	0.750%		4/9/30	EUR		9,825			10,848
	Slovak Republic	1.625%		1/21/31	EUR		14,500			17,416
	Slovak Republic	1.875%		3/9/37	EUR		10,150			13,006
	Slovak Republic	2.000%		10/17/47	EUR		6,125			8,592
	Slovak Republic	2.250%		6/12/68	EUR		2,500			3,940
Total Slovakia (Cost $234,925)										236,482
Slovenia (0.1%)
Sovereign Bonds (0.1%)
	Republic of Slovenia	2.250%		3/25/22	EUR		11,072			12,640
	Republic of Slovenia	4.625%		9/9/24	EUR		4,000			5,238
	Republic of Slovenia	2.125%		7/28/25	EUR		5,000			6,022
	Republic of Slovenia	5.125%		3/30/26	EUR		8,000			11,230
	Republic of Slovenia	1.250%		3/22/27	EUR		14,000			16,226
	Republic of Slovenia	1.000%		3/6/28	EUR		35,000			39,585
	Republic of Slovenia	1.188%		3/14/29	EUR		10,000			11,482
	Republic of Slovenia	1.500%		3/25/35	EUR		12,000			13,928
	Republic of Slovenia	1.750%		11/3/40	EUR		10,000			11,776
	Republic of Slovenia	3.125%		8/7/45	EUR		10,000			14,885
Total Slovenia (Cost $138,681)										143,012
South Africa (0.0%)
Corporate Bonds (0.0%)
	Anglo American Capital plc	3.500%		3/28/22	EUR		11,849			13,433
	Anglo American Capital plc	1.625%		9/18/25	EUR		250			277
	Anglo American Capital plc	1.625%		3/11/26	EUR		200			219
Total South Africa (Cost $15,013)										13,929

89

Total International Bond Index Fund

						Face			Market
			Maturity			Amount			Value•
		Coupon		Date	Currency		(000	)		($000	)
South Korea (2.6%)
Asset-Backed/Commercial Mortgage-Backed Securities (0.0%)
2	Korea Housing Finance Corp.	0.750%		10/30/23	EUR		4,800			5,377
2	Korea Housing Finance Corp.	0.010%		2/5/25	EUR		5,000			5,450
										10,827
Corporate Bonds (0.0%)
	Hyundai Capital Services Inc.	3.500%		6/3/21	AUD		995			642
2	LG Chem Ltd.	0.500%		4/15/23	EUR		1,100			1,151
	Shinhan Bank Co. Ltd.	1.340%		8/27/22	KRW		6,000,000			4,948
										6,741
Sovereign Bonds (2.6%)
	Bank of Korea	1.315%		10/2/21	KRW		29,800,000			24,565
	Bank of Korea	1.400%		12/2/21	KRW		20,000,000			16,533
	Export-Import Bank of Korea	0.500%		5/30/22	EUR		4,961			5,450
	Export-Import Bank of Korea	0.625%		7/11/23	EUR		1,000			1,102
	Export-Import Bank of Korea	0.375%		3/26/24	EUR		10,000			10,890
	Export-Import Bank of Korea	4.000%		6/7/27	AUD		850			612
	Korea Development Bank	0.625%		7/17/23	EUR		13,475			14,906
	Korea Gas Corp.	0.000%		11/28/23	CHF		4,000			4,068
	Korea Monetary Stabilization Bond	1.810%		2/2/21	KRW		67,000,000			55,392
	Korea Monetary Stabilization Bond	1.180%		8/2/21	KRW		19,000,000			15,634
	Korea Monetary Stabilization Bond	1.285%		2/2/22	KRW		18,500,000			15,240
	Republic of Korea	1.750%		5/31/20	KRW		20,000,000			16,430
	Republic of Korea	1.750%		11/30/20	KRW		20,000,000			16,527
	Republic of Korea	1.750%		12/31/20	KRW		10,000,000			8,270
	Republic of Korea	1.750%		1/31/21	KRW		10,000,000			8,276
	Republic of Korea	1.500%		4/30/21	KRW		20,000,000			16,535
	Republic of Korea	2.250%		6/10/21	KRW		80,000,000			66,682
	Republic of Korea	4.250%		6/10/21	KRW		45,000,000			38,316
	Republic of Korea	1.250%		7/31/21	KRW		20,000,000			16,500
	Republic of Korea	1.250%		8/31/21	KRW		17,000,000			14,025
	Republic of Korea	1.375%		9/10/21	KRW		143,000,000			118,152
	Republic of Korea	1.250%		11/30/21	KRW		10,000,000			8,252
	Republic of Korea	1.500%		11/30/21	KRW		40,000,000			33,143
	Republic of Korea	2.000%		12/10/21	KRW		205,000,000			171,123
	Republic of Korea	1.500%		12/31/21	KRW		40,000,000			33,150
	Republic of Korea	1.875%		3/10/22	KRW		200,000,000			166,861
	Republic of Korea	1.625%		6/10/22	KRW		70,000,000			58,187
	Republic of Korea	2.000%		9/10/22	KRW		40,000,000			33,572
	Republic of Korea	1.250%		12/10/22	KRW		50,000,000			41,278
	Republic of Korea	2.375%		3/10/23	KRW		160,000,000			136,215
	Republic of Korea	3.000%		3/10/23	KRW		84,000,000			72,770
	Republic of Korea	1.000%		6/10/23	KRW		33,000,000			27,029
	Republic of Korea	2.250%		9/10/23	KRW		115,000,000			97,854
	Republic of Korea	3.375%		9/10/23	KRW		40,000,000			35,246
	Republic of Korea	1.875%		3/10/24	KRW		115,000,000			96,716
	Republic of Korea	3.000%		9/10/24	KRW		95,000,000			83,708
	Republic of Korea	2.250%		6/10/25	KRW		79,000,000			67,975
	Republic of Korea	2.250%		12/10/25	KRW		30,000,000			25,840
	Republic of Korea	5.750%		3/10/26	KRW		14,000,000			14,325
	Republic of Korea	1.875%		6/10/26	KRW		132,000,000			111,518
	Republic of Korea	1.500%		12/10/26	KRW		130,000,000			107,387
	Republic of Korea	5.250%		3/10/27	KRW		15,500,000			15,898

90

Total International Bond Index Fund

						Face			Market
			Maturity			Amount			Value•
		Coupon		Date	Currency		(000	)		($000	)
	Republic of Korea	2.125%		6/10/27	KRW		125,000,000			107,463
	Republic of Korea	2.375%		12/10/27	KRW		95,000,000			83,340
	Republic of Korea	5.500%		3/10/28	KRW		20,000,000			21,380
	Republic of Korea	2.625%		6/10/28	KRW		175,000,000			156,869
	Republic of Korea	2.375%		12/10/28	KRW		100,000,000			88,308
	Republic of Korea	1.875%		6/10/29	KRW		98,000,000			83,279
	Republic of Korea	1.375%		12/10/29	KRW		15,000,000			12,158
	Republic of Korea	5.500%		12/10/29	KRW		16,000,000			17,785
	Republic of Korea	4.750%		12/10/30	KRW		28,000,000			30,088
	Republic of Korea	4.000%		12/10/31	KRW		41,000,000			42,262
	Republic of Korea	3.750%		12/10/33	KRW		96,500,000			100,323
	Republic of Korea	2.625%		9/10/35	KRW		49,000,000			45,804
	Republic of Korea	1.500%		9/10/36	KRW		140,000,000			113,115
	Republic of Korea	2.250%		9/10/37	KRW		108,000,000			97,095
	Republic of Korea	2.375%		9/10/38	KRW		126,600,000			116,214
6	Republic of Korea	1.125%		9/10/39	KRW		76,800,000			57,748
	Republic of Korea	3.000%		12/10/42	KRW		51,000,000			52,493
	Republic of Korea	2.750%		12/10/44	KRW		57,990,000			58,085
	Republic of Korea	2.000%		3/10/46	KRW		65,000,000			57,174
	Republic of Korea	2.125%		3/10/47	KRW		104,000,000			93,948
	Republic of Korea	2.625%		3/10/48	KRW		108,695,000			108,340
	Republic of Korea	2.000%		3/10/49	KRW		150,360,000			132,957
6	Republic of Korea	1.500%		3/10/50	KRW		60,000,000			47,385
	Republic of Korea	2.000%		9/10/68	KRW		25,682,000			23,347
										3,669,112
Total South Korea (Cost $3,761,904)										3,686,680
Spain (5.4%)
Asset-Backed/Commercial Mortgage-Backed Securities (0.4%)
	AyT Cedulas Cajas Global	3.750%		12/14/22	EUR		800			963
	AyT Cedulas Cajas Global	4.250%		10/25/23	EUR		1,100			1,384
	AyT Cedulas Cajas Global	4.750%		5/25/27	EUR		10,700			15,454
	AyT Cedulas Cajas X Fondo de Titulizacion de Activos	3.750%		6/30/25	EUR		10,000			13,039
	Banco Bilbao Vizcaya Argentaria SA	3.875%		1/30/23	EUR		6,000			7,296
	Banco Bilbao Vizcaya Argentaria SA	2.250%		6/12/24	EUR		3,000			3,600
	Banco Bilbao Vizcaya Argentaria SA	4.000%		2/25/25	EUR		7,100			9,294
	Banco Bilbao Vizcaya Argentaria SA	0.875%		11/22/26	EUR		15,000			17,350
	Banco de Sabadell SA	0.875%		11/12/21	EUR		10,000			11,123
	Banco de Sabadell SA	0.625%		6/10/24	EUR		30,500			34,376
	Banco Santander SA	0.750%		9/9/22	EUR		20,700			23,162
	Banco Santander SA	1.125%		11/27/24	EUR		14,500			16,773
	Banco Santander SA	1.000%		4/7/25	EUR		43,000			49,537
	Banco Santander SA	3.875%		2/6/26	EUR		400			537
	Banco Santander SA	4.625%		5/4/27	EUR		1,600			2,321
	Banco Santander SA	1.125%		10/25/28	EUR		5,100			6,069
	Banco Santander SA	2.000%		11/27/34	EUR		11,600			15,694
	Bankia SA	4.500%		4/26/22	EUR		4,050			4,840
	Bankia SA	1.125%		8/5/22	EUR		23,000			25,865
	Bankia SA	4.000%		2/3/25	EUR		12,300			16,084
	Bankia SA	1.000%		9/25/25	EUR		11,200			12,907
	Bankia SA	4.125%		3/24/36	EUR		4,700			8,046
	Bankinter SA	0.875%		8/3/22	EUR		10,300			11,527
	Bankinter SA	1.000%		2/5/25	EUR		8,200			9,404

91

Total International Bond Index Fund

						Face			Market
				Maturity		Amount			Value•
		Coupon		Date	Currency		(000	)		($000	)
	CaixaBank SA	3.625	%	1/18/21	EUR		5,000			5,621
	CaixaBank SA	4.500	%	1/26/22	EUR		15,000			17,758
	CaixaBank SA	2.625	%	3/21/24	EUR		5,600			6,781
	CaixaBank SA	3.875	%	2/17/25	EUR		17,000			22,113
	CaixaBank SA	0.625	%	3/27/25	EUR		18,000			20,322
	Caja Rural de Navarra SCC	0.500	%	3/16/22	EUR		14,700			16,280
	Caja Rural de Navarra SCC	0.875	%	5/8/25	EUR		6,400			7,279
	Cajamar Caja Rural SCC	1.250	%	1/26/22	EUR		3,100			3,472
	Cajamar Caja Rural SCC	0.875	%	6/18/23	EUR		15,000			16,853
	Cedulas TDA 6 Fondo de Titulizacion de Activos	3.875	%	5/23/25	EUR		1,000			1,305
	Eurocaja Rural SCC	0.875	%	10/1/21	EUR		4,000			4,440
	Eurocaja Rural SCC	0.875	%	5/27/24	EUR		5,000			5,659
	IM Cedulas 10	4.500	%	2/21/22	EUR		11,300			13,382
	Kutxabank SA	1.750	%	5/27/21	EUR		5,000			5,582
	Programa Cedulas TDA Fondo de Titulizacion de Activos	4.250	%	3/28/27	EUR		8,500			11,934
	Programa Cedulas TDA Fondo de Titulizacion de Activos	4.250	%	4/10/31	EUR		19,800			30,994
										506,420
Corporate Bonds (0.6%)
	Abertis Infraestructuras SA	3.750	%	6/20/23	EUR		3,100			3,572
	Abertis Infraestructuras SA	1.500	%	6/27/24	EUR		1,900			1,999
	Abertis Infraestructuras SA	2.500	%	2/27/25	EUR		200			218
	Abertis Infraestructuras SA	0.625	%	7/15/25	EUR		4,000			3,958
	Abertis Infraestructuras SA	1.375	%	5/20/26	EUR		700			710
	Abertis Infraestructuras SA	3.375	%	11/27/26	GBP		3,000			3,663
	Abertis Infraestructuras SA	1.000	%	2/27/27	EUR		1,300			1,273
	Abertis Infraestructuras SA	2.375	%	9/27/27	EUR		7,000			7,468
	Abertis Infraestructuras SA	3.000	%	3/27/31	EUR		3,600			3,920
	ACS Servicios Comunicaciones y Energia SL	1.875	%	4/20/26	EUR		3,900			4,148
	Banco Bilbao Vizcaya Argentaria SA	0.625	%	1/17/22	EUR		1,000			1,097
	Banco Bilbao Vizcaya Argentaria SA	0.750	%	1/20/22	EUR		12,100			13,457
	Banco Bilbao Vizcaya Argentaria SA	0.625	%	3/18/23	EUR		21,000			23,470
	Banco Bilbao Vizcaya Argentaria SA	1.125	%	2/28/24	EUR		3,000			3,266
	Banco Bilbao Vizcaya Argentaria SA	0.375	%	10/2/24	EUR		3,000			3,142
	Banco Bilbao Vizcaya Argentaria SA	0.500	%	1/14/27	EUR		10,600			10,842
	Banco Bilbao Vizcaya Argentaria SA	3.500	%	2/10/27	EUR		17,100			20,610
	Banco de Sabadell SA	0.875	%	3/5/23	EUR		5,000			5,269
	Banco de Sabadell SA	0.125	%	10/20/23	EUR		7,800			8,614
	Banco de Sabadell SA	1.625	%	3/7/24	EUR		18,700			19,892
	Banco Santander SA	1.375	%	2/9/22	EUR		10,500			11,598
	Banco Santander SA	1.375	%	12/14/22	EUR		6,900			7,712
	Banco Santander SA	2.750	%	9/12/23	GBP		5,400			6,976
	Banco Santander SA	1.375	%	7/31/24	GBP		4,000			4,919
	Banco Santander SA	0.463	%	12/5/24	JPY		2,000,000			18,342
	Banco Santander SA	1.125	%	1/17/25	EUR		4,000			4,373
	Banco Santander SA	2.500	%	3/18/25	EUR		19,400			22,053
	Banco Santander SA	1.500	%	1/25/26	EUR		26,000			30,941
	Banco Santander SA	3.250	%	4/4/26	EUR		5,500			6,493
	Banco Santander SA	3.125	%	1/19/27	EUR		7,000			8,251
	Banco Santander SA	2.125	%	2/8/28	EUR		2,600			2,887
	Banco Santander SA	0.875	%	5/9/31	EUR		10,200			11,914

92

Total International Bond Index Fund

						Face			Market
			Maturity			Amount			Value•
		Coupon		Date	Currency		(000	)		($000	)
	Bankia SA	1.000%		3/14/23	EUR		18,200			20,551
	Bankia SA	0.750%		7/9/26	EUR		12,800			13,311
	Bankia SA	1.125%		11/12/26	EUR		5,000			5,001
	Bankinter SA	1.250%		2/7/28	EUR		500			594
	CaixaBank SA	1.125%		1/12/23	EUR		2,000			2,167
	CaixaBank SA	1.000%		2/8/23	EUR		6,300			7,113
	CaixaBank SA	0.750%		4/18/23	EUR		1,700			1,841
	CaixaBank SA	1.750%		10/24/23	EUR		10,000			10,972
	CaixaBank SA	2.375%		2/1/24	EUR		6,700			7,507
	CaixaBank SA	1.125%		5/17/24	EUR		8,000			8,750
	CaixaBank SA	1.125%		3/27/26	EUR		10,000			10,861
	CaixaBank SA	1.250%		1/11/27	EUR		600			708
	CaixaBank SA	1.000%		1/17/28	EUR		5,500			6,434
1	CaixaBank SA	2.750%		7/14/28	EUR		4,000			4,334
1	CaixaBank SA	2.250%		4/17/30	EUR		24,000			25,091
	Criteria Caixa SAU	1.625%		4/21/22	EUR		3,000			3,326
	Criteria Caixa SAU	1.500%		5/10/23	EUR		2,700			2,971
	Enagas Financiaciones SAU	2.500%		4/11/22	EUR		2,000			2,271
	Enagas Financiaciones SAU	1.000%		3/25/23	EUR		100			111
	Enagas Financiaciones SAU	1.250%		2/6/25	EUR		5,200			5,888
	Enagas Financiaciones SAU	1.375%		5/5/28	EUR		200			229
	Ferrovial Emisiones SA	3.375%		6/7/21	EUR		700			788
	Ferrovial Emisiones SA	2.500%		7/15/24	EUR		5,000			5,822
	Iberdrola Finanzas SAU	6.000%		7/1/22	GBP		6,500			8,982
	Iberdrola Finanzas SAU	7.375%		1/29/24	GBP		4,600			7,002
	Iberdrola Finanzas SAU	1.000%		3/7/24	EUR		5,900			6,633
	Iberdrola Finanzas SAU	1.000%		3/7/25	EUR		300			339
	Iberdrola Finanzas SAU	1.621%		11/29/29	EUR		700			838
	Iberdrola International BV	3.000%		1/31/22	EUR		3,200			3,667
	Iberdrola International BV	2.500%		10/24/22	EUR		2,600			2,997
	Iberdrola International BV	1.125%		1/27/23	EUR		200			224
	Iberdrola International BV	1.750%		9/17/23	EUR		10,000			11,494
	Iberdrola International BV	1.875%		10/8/24	EUR		400			468
	Iberdrola International BV	0.375%		9/15/25	EUR		16,700			18,351
	Iberdrola International BV	1.125%		4/21/26	EUR		7,300			8,368
1	Iberdrola International BV	1.875%		12/31/49	EUR		800			875
1	Iberdrola International BV	2.625%		12/31/49	EUR		1,100			1,235
1	Iberdrola International BV	3.250%		12/31/49	EUR		9,600			11,040
	Inmobiliaria Colonial Socimi SA	2.728%		6/5/23	EUR		7,300			8,273
	Inmobiliaria Colonial Socimi SA	1.450%		10/28/24	EUR		4,500			4,804
	Inmobiliaria Colonial Socimi SA	1.625%		11/28/25	EUR		1,100			1,167
	Inmobiliaria Colonial Socimi SA	2.000%		4/17/26	EUR		4,000			4,274
	Mapfre SA	1.625%		5/19/26	EUR		1,500			1,712
1	Mapfre SA	4.375%		3/31/47	EUR		4,500			5,249
1	Mapfre SA	4.125%		9/7/48	EUR		7,100			8,252
	Merlin Properties Socimi SA	2.375%		5/23/22	EUR		8,700			9,619
	Merlin Properties Socimi SA	2.225%		4/25/23	EUR		400			439
	Merlin Properties Socimi SA	1.750%		5/26/25	EUR		9,670			10,308
	Merlin Properties Socimi SA	1.875%		12/4/34	EUR		6,000			5,775
	Naturgy Capital Markets SA	1.125%		4/11/24	EUR		4,400			4,927
	Naturgy Finance BV	2.875%		3/11/24	EUR		4,000			4,768
	Naturgy Finance BV	0.875%		5/15/25	EUR		15,300			17,004
	Naturgy Finance BV	1.250%		4/19/26	EUR		8,900			10,028
	Naturgy Finance BV	1.375%		1/19/27	EUR		200			227

93

Total International Bond Index Fund

						Face			Market
			Maturity			Amount			Value•
		Coupon		Date	Currency		(000	)		($000	)
	Naturgy Finance BV	1.500%		1/29/28	EUR		5,000			5,712
	Naturgy Finance BV	0.750%		11/28/29	EUR		1,300			1,389
	NorteGas Energia Distribucion SAU	0.918%		9/28/22	EUR		400			438
	NorteGas Energia Distribucion SAU	2.065%		9/28/27	EUR		10,500			11,794
	Prosegur Cash SA	1.375%		2/4/26	EUR		1,200			1,274
	Red Electrica Financiaciones SAU	3.875%		1/25/22	EUR		2,000			2,326
	Red Electrica Financiaciones SAU	2.125%		7/1/23	EUR		6,800			7,893
	Red Electrica Financiaciones SAU	1.125%		4/24/25	EUR		300			343
	Red Electrica Financiaciones SAU	1.000%		4/21/26	EUR		600			682
	Red Electrica Financiaciones SAU	1.250%		3/13/27	EUR		600			692
	Redexis Gas Finance BV	1.875%		4/27/27	EUR		4,200			4,538
	Repsol International Finance BV	0.500%		5/23/22	EUR		7,500			8,125
	Repsol International Finance BV	2.250%		12/10/26	EUR		10,100			11,590
	Repsol International Finance BV	0.250%		8/2/27	EUR		1,200			1,190
	Santander Consumer Finance SA	1.000%		5/26/21	EUR		100			110
	Santander Consumer Finance SA	0.500%		10/4/21	EUR		20,100			21,936
	Santander Consumer Finance SA	0.875%		1/24/22	EUR		30,700			33,618
	Santander Consumer Finance SA	0.875%		5/30/23	EUR		3,300			3,591
	Santander Consumer Finance SA	1.125%		10/9/23	EUR		15,000			16,467
	Santander Consumer Finance SA	1.000%		2/27/24	EUR		11,000			11,982
	Santander Consumer Finance SA	0.375%		6/27/24	EUR		10,000			10,611
	Telefonica Emisiones SAU	1.477%		9/14/21	EUR		12,000			13,306
	Telefonica Emisiones SAU	5.289%		12/9/22	GBP		1,000			1,368
	Telefonica Emisiones SAU	3.987%		1/23/23	EUR		20,000			23,934
	Telefonica Emisiones SAU	1.069%		2/5/24	EUR		17,400			19,418
	Telefonica Emisiones SAU	5.375%		2/2/26	GBP		2,600			3,864
	Telefonica Emisiones SAU	1.460%		4/13/26	EUR		4,000			4,545
	Telefonica Emisiones SAU	1.447%		1/22/27	EUR		9,100			10,339
	Telefonica Emisiones SAU	2.318%		10/17/28	EUR		800			969
	Telefonica Emisiones SAU	1.788%		3/12/29	EUR		8,600			9,873
	Telefonica Emisiones SAU	5.445%		10/8/29	GBP		2,150			3,439
	Telefonica Emisiones SAU	2.932%		10/17/29	EUR		11,300			14,164
	Telefonica Emisiones SAU	0.664%		2/3/30	EUR		7,400			7,680
	Telefonica Emisiones SAU	1.957%		7/1/39	EUR		8,000			8,998
	Telefonica Europe BV	5.875%		2/14/33	EUR		832			1,359
										882,584
Sovereign Bonds (4.4%)
	Adif - Alta Velocidad	3.500%		5/27/24	EUR		12,000			14,810
	Adif - Alta Velocidad	1.875%		1/28/25	EUR		15,100			17,625
	Autonomous Community of Madrid Spain	0.727%		5/19/21	EUR		23,300			25,706
	Autonomous Community of Madrid Spain	2.875%		7/17/23	EUR		8,950			10,634
	Autonomous Community of Madrid Spain	4.125%		5/21/24	EUR		21,500			27,216
	Autonomous Community of Madrid Spain	0.997%		9/30/24	EUR		1,720			1,941
	Autonomous Community of Madrid Spain	1.826%		4/30/25	EUR		14,000			16,426
	Autonomous Community of Madrid Spain	4.300%		9/15/26	EUR		21,274			28,748
	Autonomous Community of Madrid Spain	2.146%		4/30/27	EUR		17,000			20,558
	Autonomous Community of Madrid Spain	1.773%		4/30/28	EUR		13,625			16,076
	Autonomous Community of Madrid Spain	1.571%		4/30/29	EUR		20,000			23,291
	Autonomous Community of Madrid Spain	2.080%		3/12/30	EUR		5,000			6,044
	Canal de Isabel II Gestion SA	1.680%		2/26/25	EUR		3,500			3,956
14	FADE - Fondo de Amortizacion del Deficit Electrico	0.500%		3/17/23	EUR		30,000			33,278
14	Fondo De Titulizacion Del Deficit Del Sistema Electrico FTA	0.850%		12/17/23	EUR		5,000			5,622

94

Total International Bond Index Fund

					Face		Market
			Maturity		Amount		Value•
		Coupon	Date	Currency	(000	)	($000	)
2	Kingdom of Spain	5.500%	4/30/21	EUR	27,810		32,189
	Kingdom of Spain	0.050%	10/31/21	EUR	157,839		173,547
2	Kingdom of Spain	5.850%	1/31/22	EUR	132,300		160,338
	Kingdom of Spain	0.400%	4/30/22	EUR	285,000		316,101
2	Kingdom of Spain	5.400%	1/31/23	EUR	140,580		177,444
	Kingdom of Spain	0.350%	7/30/23	EUR	238,590		265,046
2	Kingdom of Spain	4.400%	10/31/23	EUR	80,495		101,932
2	Kingdom of Spain	4.800%	1/31/24	EUR	51,335		66,368
2	Kingdom of Spain	3.800%	4/30/24	EUR	82,820		104,312
2	Kingdom of Spain	0.250%	7/30/24	EUR	205,702		227,091
2	Kingdom of Spain	2.750%	10/31/24	EUR	217,800		266,940
2	Kingdom of Spain	1.600%	4/30/25	EUR	192,255		225,682
2	Kingdom of Spain	4.650%	7/30/25	EUR	18,760		25,327
2	Kingdom of Spain	2.150%	10/31/25	EUR	71,100		86,039
2	Kingdom of Spain	1.950%	4/30/26	EUR	223,371		268,663
2	Kingdom of Spain	5.900%	7/30/26	EUR	157,401		231,407
2	Kingdom of Spain	1.500%	4/30/27	EUR	136,489		160,526
2	Kingdom of Spain	1.450%	10/31/27	EUR	39,400		46,194
2	Kingdom of Spain	1.400%	4/30/28	EUR	122,100		142,613
2	Kingdom of Spain	1.400%	7/30/28	EUR	211,563		247,361
2	Kingdom of Spain	5.150%	10/31/28	EUR	208,090		313,744
	Kingdom of Spain	6.000%	1/31/29	EUR	12,078		19,267
2	Kingdom of Spain	1.450%	4/30/29	EUR	130,175		152,817
2	Kingdom of Spain	0.600%	10/31/29	EUR	37,344		40,402
2	Kingdom of Spain	0.500%	4/30/30	EUR	44,459		47,672
2	Kingdom of Spain	1.950%	7/30/30	EUR	58,773		72,048
2	Kingdom of Spain	1.250%	10/31/30	EUR	554,436		635,395
	Kingdom of Spain	5.750%	7/30/32	EUR	11,314		19,502
2	Kingdom of Spain	2.350%	7/30/33	EUR	70,926		91,479
2	Kingdom of Spain	1.850%	7/30/35	EUR	75,000		91,494
2	Kingdom of Spain	4.200%	1/31/37	EUR	144,580		233,913
2	Kingdom of Spain	4.900%	7/30/40	EUR	37,980		68,904
2	Kingdom of Spain	4.700%	7/30/41	EUR	182,400		326,836
2	Kingdom of Spain	5.150%	10/31/44	EUR	81,195		158,348
2	Kingdom of Spain	2.900%	10/31/46	EUR	104,224		151,083
2	Kingdom of Spain	2.700%	10/31/48	EUR	49,077		69,307
2	Kingdom of Spain	1.000%	10/31/50	EUR	10,484		10,180
2	Kingdom of Spain	3.450%	7/30/66	EUR	73,000		125,995
							6,205,437
Total Spain (Cost $7,404,957)							7,594,441
Supranational (3.3%)
Sovereign Bonds (3.3%)
	African Development Bank	0.875%	12/20/21	GBP	1,500		1,899
	African Development Bank	5.250%	3/23/22	AUD	14,000		9,898
	African Development Bank	4.750%	3/6/24	AUD	6,600		4,913
	African Development Bank	0.250%	11/21/24	EUR	22,600		25,342
	African Development Bank	4.000%	1/10/25	AUD	14,330		10,549
	African Development Bank	4.500%	6/2/26	AUD	6,230		4,817
	African Development Bank	0.125%	10/7/26	EUR	4,000		4,445
	African Development Bank	3.300%	7/27/27	AUD	1,000		730
	African Development Bank	3.350%	8/8/28	AUD	500		369
	African Development Bank	0.500%	3/21/29	EUR	4,000		4,600
	Asian Development Bank	2.750%	1/19/22	AUD	5,900		3,985

95

Total International Bond Index Fund

					Face		Market
			Maturity		Amount		Value•
		Coupon	Date	Currency	(000	)	($000	)
	Asian Development Bank	5.000%	3/9/22	AUD	15,500		10,904
	Asian Development Bank	1.000%	12/15/22	GBP	2,400		3,067
	Asian Development Bank	2.650%	1/11/23	AUD	1,500		1,026
	Asian Development Bank	3.000%	1/17/23	NZD	10,000		6,504
	Asian Development Bank	0.200%	5/25/23	EUR	1,000		1,113
	Asian Development Bank	4.500%	9/5/23	AUD	1,250		915
	Asian Development Bank	2.450%	1/17/24	AUD	1,800		1,243
	Asian Development Bank	3.500%	5/30/24	NZD	20,000		13,544
	Asian Development Bank	3.750%	3/12/25	AUD	11,230		8,274
	Asian Development Bank	0.625%	9/15/26	GBP	7,400		9,296
	Asian Development Bank	3.000%	10/14/26	AUD	1,825		1,325
	Asian Development Bank	4.650%	2/16/27	CAD	2,792		2,488
	Asian Development Bank	3.400%	9/10/27	AUD	2,700		2,017
	Asian Development Bank	3.300%	8/8/28	AUD	2,600		1,939
	Asian Development Bank	0.000%	10/24/29	EUR	15,200		16,679
	Corp. Andina de Fomento	0.500%	1/25/22	EUR	4,780		5,229
	Corp. Andina de Fomento	0.750%	6/13/23	EUR	5,000		5,466
	Corp. Andina de Fomento	1.125%	2/13/25	EUR	15,000		16,481
	Corp. Andina de Fomento	0.500%	2/26/26	CHF	8,700		8,914
	Corp. Andina de Fomento	4.500%	9/14/27	AUD	1,600		1,155
	Council Of Europe Development Bank	2.875%	8/31/21	EUR	23,000		26,289
	Council Of Europe Development Bank	0.125%	5/25/23	EUR	15,725		17,492
	Council Of Europe Development Bank	0.375%	6/8/26	EUR	68,810		78,332
	Eurofima	4.000%	10/27/21	EUR	5,000		5,825
	Eurofima	3.000%	5/22/24	CHF	5,000		5,867
	Eurofima	3.900%	12/19/25	AUD	1,000		749
	Eurofima	3.000%	5/15/26	CHF	6,500		8,053
	Eurofima	2.600%	1/13/27	AUD	24,820		17,247
	Eurofima	4.550%	3/30/27	CAD	2,702		2,333
	Eurofima	3.350%	5/21/29	AUD	4,320		3,200
	European Bank for Reconstruction & Development	1.250%	12/15/22	GBP	10,000		12,817
	European Bank for Reconstruction & Development	0.000%	10/17/24	EUR	10,000		11,124
	European Bank for Reconstruction & Development	5.625%	12/7/28	GBP	1,000		1,776
4	European Financial Stability Facility	1.375%	6/7/21	EUR	32,000		35,726
4	European Financial Stability Facility	3.375%	7/5/21	EUR	6,675		7,634
	European Financial Stability Facility	2.250%	9/5/22	EUR	48,250		56,202
	European Financial Stability Facility	0.000%	11/17/22	EUR	65,000		72,075
4	European Financial Stability Facility	0.500%	1/20/23	EUR	38,000		42,734
4	European Financial Stability Facility	1.875%	5/23/23	EUR	36,000		42,253
	European Financial Stability Facility	0.125%	10/17/23	EUR	15,300		17,053
	European Financial Stability Facility	0.200%	1/17/24	EUR	1,900		2,126
4	European Financial Stability Facility	2.125%	2/19/24	EUR	19,500		23,410
	European Financial Stability Facility	0.000%	4/19/24	EUR	40,000		44,422
4	European Financial Stability Facility	1.750%	6/27/24	EUR	17,000		20,275
	European Financial Stability Facility	0.400%	2/17/25	EUR	15,200		17,261
4	European Financial Stability Facility	0.200%	4/28/25	EUR	16,000		18,008
	European Financial Stability Facility	0.500%	7/11/25	EUR	30,000		34,320
4	European Financial Stability Facility	0.400%	5/31/26	EUR	80,000		91,521
	European Financial Stability Facility	0.750%	5/3/27	EUR	31,100		36,487
	European Financial Stability Facility	0.875%	7/26/27	EUR	25,000		29,646
	European Financial Stability Facility	0.950%	2/14/28	EUR	20,000		23,911

96

Total International Bond Index Fund
					Face		Market
			Maturity		Amount		Value•
		Coupon	Date	Currency	(000	)	($000	)
	European Financial Stability Facility	0.050%	10/17/29	EUR	5,850		6,516
4	European Financial Stability Facility	2.750%	12/3/29	EUR	5,500		7,663
4	European Financial Stability Facility	3.875%	3/30/32	EUR	20,000		32,163
4	European Financial Stability Facility	3.000%	9/4/34	EUR	5,200		8,123
	European Financial Stability Facility	0.875%	4/10/35	EUR	25,000		30,513
4	European Financial Stability Facility	3.375%	4/3/37	EUR	31,800		53,704
	European Financial Stability Facility	1.450%	9/5/40	EUR	5,000		6,789
	European Financial Stability Facility	1.700%	2/13/43	EUR	16,910		24,437
4	European Financial Stability Facility	2.350%	7/29/44	EUR	13,600		22,769
	European Financial Stability Facility	1.200%	2/17/45	EUR	36,500		49,012
	European Financial Stability Facility	1.375%	5/31/47	EUR	18,365		26,564
	European Financial Stability Facility	1.800%	7/10/48	EUR	45,450		70,773
	European Financial Stability Facility	0.700%	1/20/50	EUR	16,950		21,735
	European Financial Stability Facility	1.750%	7/17/53	EUR	14,500		23,105
	European Financial Stability Facility	2.000%	2/28/56	EUR	30,780		53,197
	European Investment Bank	5.000%	12/1/20	SEK	25,000		2,639
	European Investment Bank	1.500%	4/15/21	EUR	43,000		47,939
	European Investment Bank	2.250%	5/25/21	PLN	10,000		2,436
	European Investment Bank	6.250%	6/8/21	AUD	15,500		10,729
2	European Investment Bank	2.250%	7/30/21	CAD	26,015		19,108
	European Investment Bank	1.125%	9/7/21	GBP	5,000		6,352
	European Investment Bank	1.375%	9/15/21	EUR	35,000		39,262
	European Investment Bank	2.750%	9/15/21	EUR	5,000		5,712
2	European Investment Bank	1.125%	9/16/21	CAD	13,340		9,672
	European Investment Bank	0.375%	3/15/22	EUR	25,000		27,784
	European Investment Bank	5.000%	8/22/22	AUD	5,300		3,802
	European Investment Bank	3.000%	9/28/22	EUR	4,850		5,750
	European Investment Bank	2.250%	10/14/22	EUR	27,000		31,536
	European Investment Bank	2.700%	1/12/23	AUD	3,100		2,126
2	European Investment Bank	2.375%	1/18/23	CAD	2,800		2,105
	European Investment Bank	1.625%	3/15/23	EUR	56,150		65,223
	European Investment Bank	2.375%	7/6/23	CAD	300		227
	European Investment Bank	0.000%	10/16/23	EUR	30,000		33,353
	European Investment Bank	0.500%	11/15/23	EUR	20,000		22,648
	European Investment Bank	0.050%	12/15/23	EUR	55,000		61,287
	European Investment Bank	0.875%	12/15/23	GBP	11,050		14,112
	European Investment Bank	2.125%	1/15/24	EUR	17,000		20,411
	European Investment Bank	0.000%	3/15/24	EUR	136,000		151,345
	European Investment Bank	0.050%	5/24/24	EUR	20,000		22,356
	European Investment Bank	0.200%	7/15/24	EUR	40,000		45,019
	European Investment Bank	4.750%	8/7/24	AUD	3,250		2,463
	European Investment Bank	0.875%	9/13/24	EUR	33,000		38,155
	European Investment Bank	0.750%	11/15/24	GBP	1,000		1,274
	European Investment Bank	1.625%	2/4/25	CHF	2,500		2,843
	European Investment Bank	0.125%	4/15/25	EUR	30,000		33,660
	European Investment Bank	5.500%	4/15/25	GBP	10,000		15,605
	European Investment Bank	0.375%	7/16/25	EUR	23,100		26,306
	European Investment Bank	2.750%	9/15/25	EUR	40,000		51,228
	European Investment Bank	4.500%	10/15/25	EUR	15,000		20,861
	European Investment Bank	2.900%	10/17/25	AUD	3,000		2,147
	European Investment Bank	0.000%	3/13/26	EUR	10,000		11,176
	European Investment Bank	0.375%	4/14/26	EUR	28,000		31,998
	European Investment Bank	3.100%	8/17/26	AUD	35,213		25,684
	European Investment Bank	2.750%	8/25/26	PLN	10,000		2,620

97

Total International Bond Index Fund
					Face		Market
			Maturity		Amount		Value•
		Coupon	Date	Currency	(000	)	($000	)
	European Investment Bank	1.000%	9/21/26	GBP	3,200		4,128
	European Investment Bank	0.100%	10/15/26	EUR	15,500		17,468
	European Investment Bank	1.250%	11/13/26	EUR	6,000		7,257
	European Investment Bank	0.500%	1/15/27	EUR	53,700		61,964
	European Investment Bank	3.500%	4/15/27	EUR	5,000		6,944
	European Investment Bank	3.750%	12/7/27	GBP	3,800		5,860
	European Investment Bank	0.875%	1/14/28	EUR	46,500		55,529
	European Investment Bank	3.300%	2/3/28	AUD	2,250		1,672
	European Investment Bank	1.375%	5/12/28	SEK	75,000		8,271
	European Investment Bank	0.000%	12/7/28	GBP	2,600		3,037
	European Investment Bank	6.000%	12/7/28	GBP	16,000		28,974
	European Investment Bank	0.625%	1/22/29	EUR	30,000		35,448
	European Investment Bank	4.500%	6/7/29	GBP	12,000		20,027
	European Investment Bank	0.125%	6/20/29	EUR	11,500		13,045
	European Investment Bank	4.000%	4/15/30	EUR	7,125		11,080
	European Investment Bank	2.750%	9/13/30	EUR	30,000		42,780
	European Investment Bank	1.000%	3/14/31	EUR	68,300		83,737
	European Investment Bank	1.000%	4/14/32	EUR	32,000		39,546
	European Investment Bank	1.125%	11/15/32	EUR	20,000		25,114
	European Investment Bank	1.125%	4/13/33	EUR	30,000		37,733
	European Investment Bank	3.000%	10/14/33	EUR	10,000		15,370
	European Investment Bank	2.625%	3/15/35	EUR	7,100		10,751
	European Investment Bank	3.125%	6/30/36	CHF	1,000		1,560
	European Investment Bank	1.125%	9/15/36	EUR	33,000		42,439
	European Investment Bank	3.875%	6/8/37	GBP	5,400		10,051
	European Investment Bank	0.500%	11/13/37	EUR	15,000		17,594
	European Investment Bank	5.000%	4/15/39	GBP	7,000		15,173
	European Investment Bank	2.750%	3/15/40	EUR	18,550		30,824
	European Investment Bank	3.625%	3/14/42	EUR	5,600		10,794
	European Investment Bank	4.500%	3/7/44	GBP	8,500		18,914
	European Investment Bank	1.750%	9/15/45	EUR	20,000		30,538
	European Investment Bank	1.500%	11/15/47	EUR	5,000		7,403
	European Investment Bank	1.500%	10/16/48	EUR	3,075		4,585
	European Investment Bank	4.625%	10/12/54	GBP	7,700		20,342
	European Stability Mechanism	0.000%	1/17/22	EUR	1,700		1,875
	European Stability Mechanism	0.000%	10/18/22	EUR	55,000		60,852
	European Stability Mechanism	0.100%	7/31/23	EUR	51,000		56,742
	European Stability Mechanism	2.125%	11/20/23	EUR	3,220		3,846
	European Stability Mechanism	0.125%	4/22/24	EUR	64,000		71,483
	European Stability Mechanism	1.000%	9/23/25	EUR	40,000		47,100
	European Stability Mechanism	0.500%	3/2/26	EUR	46,700		53,760
	European Stability Mechanism	0.750%	3/15/27	EUR	25,000		29,331
	European Stability Mechanism	0.750%	9/5/28	EUR	18,454		21,841
	European Stability Mechanism	0.500%	3/5/29	EUR	42,000		48,755
	European Stability Mechanism	1.125%	5/3/32	EUR	5,230		6,494
	European Stability Mechanism	1.200%	5/23/33	EUR	12,000		15,087
	European Stability Mechanism	1.625%	11/17/36	EUR	39,950		54,692
	European Stability Mechanism	1.750%	10/20/45	EUR	10,000		15,165
	European Stability Mechanism	1.800%	11/2/46	EUR	25,350		38,987
	European Stability Mechanism	1.850%	12/1/55	EUR	15,000		24,830
	European Union	3.500%	6/4/21	EUR	22,800		26,038
	European Union	2.750%	9/21/21	EUR	5,650		6,463
	European Union	2.750%	4/4/22	EUR	30,600		35,584
	European Union	0.625%	11/4/23	EUR	27,000		30,687

98

Total International Bond Index Fund
					Face		Market
			Maturity		Amount		Value•
		Coupon	Date	Currency	(000	)	($000	)
	European Union	0.500%	4/4/25	EUR	60,000		68,389
	European Union	3.000%	9/4/26	EUR	7,125		9,458
	European Union	2.500%	11/4/27	EUR	19,000		25,152
	European Union	2.875%	4/4/28	EUR	5,000		6,834
	European Union	1.375%	10/4/29	EUR	16,000		20,018
	European Union	0.750%	4/4/31	EUR	32,750		38,952
	European Union	1.250%	4/4/33	EUR	25,000		31,638
	European Union	1.125%	4/4/36	EUR	20,000		25,479
	European Union	3.375%	4/4/38	EUR	8,095		13,957
	European Union	3.750%	4/4/42	EUR	10,000		19,457
	Inter-American Development Bank	6.000%	2/26/21	AUD	20,000		13,565
	Inter-American Development Bank	0.625%	12/15/21	GBP	2,000		2,523
	Inter-American Development Bank	3.750%	7/25/22	AUD	23,800		16,580
	Inter-American Development Bank	1.950%	4/23/24	AUD	3,200		2,175
	Inter-American Development Bank	4.750%	8/27/24	AUD	500		379
	Inter-American Development Bank	1.700%	10/10/24	CAD	12,380		9,232
	Inter-American Development Bank	1.375%	12/15/24	GBP	27,500		35,778
	Inter-American Development Bank	2.750%	10/30/25	AUD	10,900		7,765
	Inter-American Development Bank	1.250%	12/15/25	GBP	20,000		25,978
	Inter-American Development Bank	4.400%	1/26/26	CAD	50		43
	Inter-American Development Bank	4.250%	6/11/26	AUD	1,300		1,004
	International Bank for Reconstruction & Development	5.400%	6/7/21	GBP	200		265
	International Bank for Reconstruction & Development	0.375%	6/15/21	GBP	500		629
	International Bank for Reconstruction & Development	4.625%	10/6/21	NZD	5,804		3,765
	International Bank for Reconstruction & Development	0.750%	12/7/21	GBP	3,600		4,552
	International Bank for Reconstruction & Development	2.800%	1/12/22	AUD	12,400		8,377
	International Bank for Reconstruction & Development	2.200%	1/18/22	CAD	13,410		9,911
	International Bank for Reconstruction & Development	3.375%	1/25/22	NZD	12,000		7,711
	International Bank for Reconstruction & Development	5.000%	3/7/22	AUD	4,000		2,815
	International Bank for Reconstruction & Development	2.250%	1/17/23	CAD	5,400		4,048
	International Bank for Reconstruction & Development	3.000%	2/2/23	NZD	10,000		6,523
	International Bank for Reconstruction & Development	0.500%	7/24/23	GBP	20,800		26,184
	International Bank for Reconstruction & Development	2.500%	8/3/23	CAD	1,060		806
	International Bank for Reconstruction & Development	0.500%	10/10/23	SEK	200,000		20,766
	International Bank for Reconstruction & Development	2.200%	2/27/24	AUD	15,400		10,551
	International Bank for Reconstruction & Development	1.800%	7/26/24	CAD	11,580		8,662
	International Bank for Reconstruction & Development	0.875%	12/13/24	GBP	6,000		7,654

99

Total International Bond Index Fund
					Face		Market
			Maturity		Amount		Value•
		Coupon	Date	Currency	(000	)	($000	)
	International Bank for Reconstruction & Development	1.900%	1/16/25	CAD	7,675		5,775
	International Bank for Reconstruction & Development	4.250%	6/24/25	AUD	12,600		9,548
	International Bank for Reconstruction & Development	2.900%	11/26/25	AUD	10,400		7,449
	International Bank for Reconstruction & Development	3.000%	10/19/26	AUD	16,300		11,833
	International Bank for Reconstruction & Development	0.750%	12/15/26	GBP	13,870		17,601
	International Bank for Reconstruction & Development	0.000%	1/15/27	EUR	35,190		38,934
	International Bank for Reconstruction & Development	0.625%	11/22/27	EUR	11,000		12,736
	International Bank for Reconstruction & Development	3.300%	8/14/28	AUD	3,300		2,465
	International Bank for Reconstruction & Development	4.875%	12/7/28	GBP	400		679
	International Bank for Reconstruction & Development	1.950%	9/20/29	CAD	1,805		1,397
	International Bank for Reconstruction & Development	1.000%	12/21/29	GBP	10,000		12,884
	International Bank for Reconstruction & Development	0.500%	4/16/30	EUR	5,400		6,225
	International Bank for Reconstruction & Development	5.750%	6/7/32	GBP	6,000		11,793
	International Bank for Reconstruction & Development	0.625%	1/12/33	EUR	19,000		22,326
	International Bank for Reconstruction & Development	1.200%	8/8/34	EUR	9,646		12,185
	International Bank for Reconstruction & Development	0.250%	1/10/50	EUR	5,000		5,547
	International Finance Corp.	2.800%	8/15/22	AUD	22,300		15,239
	International Finance Corp.	2.375%	7/19/23	CAD	1,920		1,453
	International Finance Corp.	4.250%	8/21/23	AUD	2,000		1,453
	International Finance Corp.	1.250%	12/15/23	GBP	13,800		17,783
	International Finance Corp.	1.450%	7/22/24	AUD	3,100		2,067
	International Finance Corp.	1.375%	9/13/24	CAD	3,365		2,475
	International Finance Corp.	1.375%	3/7/25	GBP	9,821		12,811
	International Finance Corp.	4.000%	4/3/25	AUD	1,500		1,119
	International Finance Corp.	0.750%	7/22/27	GBP	10,000		12,654
	International Finance Corp.	3.200%	10/18/27	AUD	1,200		886
	International Finance Corp.	3.150%	6/26/29	AUD	2,200		1,633
	Nordic Investment Bank	0.625%	11/2/21	GBP	1,700		2,144
	Nordic Investment Bank	1.125%	3/16/22	GBP	15,000		19,103
	Nordic Investment Bank	5.000%	4/19/22	AUD	11,500		8,125
	Nordic Investment Bank	1.125%	12/15/23	GBP	19,150		24,572
	Nordic Investment Bank	4.750%	2/28/24	AUD	5,240		3,916
	Nordic Investment Bank	0.125%	6/10/24	EUR	13,000		14,504
	Nordic Investment Bank	0.500%	11/3/25	EUR	19,600		22,370
Total Supranational (Cost $4,489,049)							4,588,133

100

Total International Bond Index Fund
						Face		Market
			Maturity			Amount		Value•
		Coupon	Date	Currency		(000	)	($000	)
Sweden (1.3%)
Asset-Backed/Commercial Mortgage-Backed Securities (0.6%)
	Danske Hypotek AB	1.000%	12/15/21	SEK		500,000		52,011
	Lansforsakringar Hypotek AB	0.250%	4/22/22	EUR		1,500		1,657
	Lansforsakringar Hypotek AB	0.375%	3/14/24	EUR		1,400		1,563
	Nordea Hypotek AB	1.250%	5/19/21	SEK		500,000		51,886
	Nordea Hypotek AB	1.000%	4/8/22	SEK	��	538,000		56,037
	Nordea Hypotek AB	1.250%	9/20/23	SEK		500,000		52,952
	Skandinaviska Enskilda Banken AB	1.500%	12/15/21	SEK		665,000		69,620
	Skandinaviska Enskilda Banken AB	0.750%	6/16/22	EUR		5,000		5,594
	Skandinaviska Enskilda Banken AB	1.000%	12/18/24	SEK		48,000		5,067
	Skandinaviska Enskilda Banken AB	0.750%	11/15/27	EUR		1,100		1,273
	Stadshypotek AB	0.625%	11/10/21	EUR		22,700		25,210
	Stadshypotek AB	1.500%	12/15/21	SEK		280,000		29,359
	Stadshypotek AB	0.050%	6/20/22	EUR		4,800		5,290
	Stadshypotek AB	0.375%	2/22/23	EUR		4,050		4,504
	Stadshypotek AB	1.500%	6/1/23	SEK		580,000		61,870
	Stadshypotek AB	0.375%	2/21/24	EUR		6,900		7,704
	Stadshypotek AB	1.500%	3/1/24	SEK		350,000		37,420
	Stadshypotek AB	1.500%	12/3/24	SEK		222,000		23,508
	Stadshypotek AB	0.500%	7/11/25	EUR		3,000		3,391
	Stadshypotek AB	0.375%	3/13/26	EUR		5,000		5,621
	Stadshypotek AB	0.125%	10/5/26	EUR		500		553
	Stadshypotek AB	0.750%	11/1/27	EUR		7,000		8,099
	Stadshypotek AB	2.000%	9/1/28	SEK		100,000		11,297
	Sveriges Sakerstallda Obligationer AB	0.625%	10/7/21	EUR		31,300		34,715
	Sveriges Sakerstallda Obligationer AB	0.250%	4/19/23	EUR		5,000		5,546
	Sveriges Sakerstallda Obligationer AB	1.000%	6/12/24	SEK		350,000		36,927
	Sveriges Sakerstallda Obligationer AB	0.500%	1/29/25	EUR		11,000		12,419
	Sveriges Sakerstallda Obligationer AB	0.500%	6/11/25	SEK		252,000		25,664
	Sveriges Sakerstallda Obligationer AB	0.625%	10/30/25	EUR		5,000		5,705
	Sveriges Sakerstallda Obligationer AB	2.000%	6/17/26	SEK		118,000		13,198
	Sveriges Sakerstallda Obligationer AB	0.875%	3/29/27	EUR		800		934
	Swedbank Hypotek AB	1.125%	5/21/21	EUR		2,000		2,221
	Swedbank Hypotek AB	0.375%	3/11/22	EUR		5,000		5,536
	Swedbank Hypotek AB	1.000%	6/15/22	SEK		332,000		34,687
	Swedbank Hypotek AB	1.000%	12/20/23	SEK		400,000		42,205
	Swedbank Hypotek AB	0.400%	5/8/24	EUR		5,000		5,591
	Swedbank Hypotek AB	1.000%	9/18/24	SEK		395,000		41,784
								788,618
Corporate Bonds (0.3%)
	Akelius Residential Property AB	1.125%	3/14/24	EUR		11,900		12,711
	Akelius Residential Property AB	1.750%	2/7/25	EUR		1,500		1,617
	Akelius Residential Property AB	2.375%	8/15/25	GBP		1,000		1,255
	Alfa Laval Treasury International AB	1.375%	9/12/22	EUR		400		443
	Atlas Copco AB	2.500%	2/28/23	EUR		4,500		5,219
	Atlas Copco AB	0.625%	8/30/26	EUR		430		472
	Danske Hypotek AB	1.000%	12/21/22	SEK		200,000		20,967
	Essity AB	1.125%	3/27/24	EUR		1,700		1,889
	Essity AB	1.625%	3/30/27	EUR		1,600		1,814
	Fastighets AB Balder	1.125%	3/14/22	EUR		6,000		6,533
	Fastighets AB Balder	1.875%	3/14/25	EUR		200		219
	Fastighets AB Balder	1.875%	1/23/26	EUR		9,000		9,704
	Fastighets AB Balder	1.125%	1/29/27	EUR		9,500		9,627

101

Total International Bond Index Fund
						Face		Market
			Maturity			Amount		Value•
		Coupon	Date		Currency	(000	)	($000	)
	Heimstaden Bostad AB	1.750%	12/7/21		EUR	4,000		4,384
	Investor AB	4.500%	5/12/23		EUR	2,000		2,441
	Lansforsakringar Bank AB	0.875%	9/25/23		EUR	100		110
	Lansforsakringar Hypotek AB	0.250%	4/12/23		EUR	500		554
	Lansforsakringar Hypotek AB	1.250%	9/20/23		SEK	550,000		58,404
	Lansforsakringar Hypotek AB	1.500%	9/18/24		SEK	160,000		17,269
	Molnlycke Holding AB	1.875%	2/28/25		EUR	5,000		5,640
	Nordea Hypotek AB	1.000%	9/18/24		SEK	187,500		19,764
	Samhallsbyggnadsbolaget i Norden AB	1.750%	1/14/25		EUR	6,000		6,386
	Skandinaviska Enskilda Banken AB	0.750%	8/24/21		EUR	9,000		9,893
	Skandinaviska Enskilda Banken AB	1.000%	12/20/23		SEK	200,000		21,060
	Skandinaviska Enskilda Banken AB	0.375%	2/9/26		EUR	20,000		22,446
1	Skandinaviska Enskilda Banken AB	2.500%	5/28/26		EUR	14,700		16,132
1	Skandinaviska Enskilda Banken AB	1.375%	10/31/28		EUR	31,575		34,235
	Skandinaviska Enskilda Banken AB	0.625%	11/12/29		EUR	10,000		10,332
	Svenska Handelsbanken AB	4.375%	10/20/21		EUR	1,380		1,601
	Svenska Handelsbanken AB	0.250%	2/28/22		EUR	500		547
	Svenska Handelsbanken AB	1.625%	6/18/22		GBP	9,000		11,345
	Svenska Handelsbanken AB	1.125%	12/14/22		EUR	14,000		15,676
	Svenska Handelsbanken AB	0.125%	6/18/24		EUR	5,000		5,438
	Svenska Handelsbanken AB	0.050%	9/3/26		EUR	10,100		10,596
1	Svenska Handelsbanken AB	1.250%	3/2/28		EUR	5,000		5,449
	Sveriges Sakerstallda Obligationer AB	0.250%	1/20/21		EUR	8,000		8,795
	Swedbank AB	1.250%	12/29/21		GBP	1,000		1,244
	Swedbank AB	1.000%	6/1/22		EUR	4,700		5,205
	Swedbank AB	0.300%	9/6/22		EUR	17,100		18,642
	Swedbank AB	1.625%	12/28/22		GBP	5,700		7,109
	Swedbank AB	0.400%	8/29/23		EUR	5,100		5,565
1	Swedbank AB	1.000%	11/22/27		EUR	5,900		6,267
	Swedbank Hypotek AB	0.500%	2/5/26		EUR	10,000		11,289
	Tele2 AB	1.125%	5/15/24		EUR	8,300		9,264
	Tele2 AB	2.125%	5/15/28		EUR	6,200		7,222
	Telia Co. AB	4.750%	11/16/21		EUR	3,000		3,507
	Telia Co. AB	4.000%	3/22/22		EUR	350		408
	Telia Co. AB	3.625%	2/14/24	��	EUR	100		122
	Telia Co. AB	3.875%	10/1/25		EUR	2,000		2,544
	Telia Co. AB	3.000%	9/7/27		EUR	100		126
	Telia Co. AB	2.125%	2/20/34		EUR	15,100		17,585
	Telia Co. AB	1.625%	2/23/35		EUR	200		218
1	Telia Co. AB	3.000%	4/4/78		EUR	100		112
								457,396
Sovereign Bonds (0.4%)
	Kingdom of Sweden	5.000%	12/1/20		SEK	216,000		22,800
	Kingdom of Sweden	3.500%	6/1/22		SEK	290,750		32,201
	Kingdom of Sweden	0.125%	4/24/23		EUR	30,000		33,367
2	Kingdom of Sweden	1.500%	11/13/23		SEK	924,200		100,949
	Kingdom of Sweden	2.500%	5/12/25		SEK	129,300		15,142
	Kingdom of Sweden	1.000%	11/12/26		SEK	345,700		38,358
	Kingdom of Sweden	0.750%	5/12/28		SEK	7,000		772
2	Kingdom of Sweden	0.750%	11/12/29		SEK	389,000		43,199
	Kingdom of Sweden	2.250%	6/1/32		SEK	175,000		22,553
	Kingdom of Sweden	3.500%	3/30/39		SEK	231,450		37,635
	Kommuninvest I Sverige AB	1.000%	9/15/21		SEK	300,000		31,260
	Kommuninvest I Sverige AB	1.000%	11/13/23		SEK	570,000		60,160

102

Total International Bond Index Fund
					Face		Market
			Maturity		Amount		Value•
		Coupon	Date	Currency	(000	)	($000	)
	Kommuninvest I Sverige AB	1.000%	5/12/25	SEK	194,050		20,561
	Kommuninvest I Sverige AB	1.000%	11/12/26	SEK	600,000		63,297
	SBAB Bank AB	0.250%	9/7/22	EUR	5,000		5,446
	Stockholms Lans Landsting	0.750%	2/26/25	EUR	5,000		5,729
	Vattenfall AB	6.875%	4/15/39	GBP	5,000		11,311
							544,740
Total Sweden (Cost $1,906,258)							1,790,754
Switzerland (1.4%)
Asset-Backed/Commercial Mortgage-Backed Securities (0.5%)
	Credit Suisse Schweiz AG	0.000%	7/31/25	CHF	11,400		11,837
	Pfandbriefbank schweizerischer Hypothekarinstitute AG	1.000%	8/13/21	CHF	29,000		30,510
	Pfandbriefbank schweizerischer Hypothekarinstitute AG	2.875%	2/14/22	CHF	3,000		3,277
	Pfandbriefbank schweizerischer Hypothekarinstitute AG	1.625%	3/15/22	CHF	2,000		2,145
	Pfandbriefbank schweizerischer Hypothekarinstitute AG	0.000%	7/5/22	CHF	17,500		18,227
	Pfandbriefbank schweizerischer Hypothekarinstitute AG	1.375%	8/15/22	CHF	7,500		8,057
	Pfandbriefbank schweizerischer Hypothekarinstitute AG	2.125%	6/28/23	CHF	61,000		67,900
	Pfandbriefbank schweizerischer Hypothekarinstitute AG	1.250%	9/29/23	CHF	6,980		7,595
	Pfandbriefbank schweizerischer Hypothekarinstitute AG	2.375%	1/25/24	CHF	3,500		3,978
	Pfandbriefbank schweizerischer Hypothekarinstitute AG	1.375%	2/14/24	CHF	8,000		8,781
	Pfandbriefbank schweizerischer Hypothekarinstitute AG	0.125%	3/25/24	CHF	5,000		5,248
	Pfandbriefbank schweizerischer Hypothekarinstitute AG	1.000%	5/21/24	CHF	10,600		11,518
	Pfandbriefbank schweizerischer Hypothekarinstitute AG	0.375%	10/15/25	CHF	5,000		5,332
	Pfandbriefbank schweizerischer Hypothekarinstitute AG	0.375%	1/26/26	CHF	8,000		8,537
	Pfandbriefbank schweizerischer Hypothekarinstitute AG	2.500%	3/30/26	CHF	11,900		14,279
	Pfandbriefbank schweizerischer Hypothekarinstitute AG	0.250%	9/18/26	CHF	10,700		11,355
	Pfandbriefbank schweizerischer Hypothekarinstitute AG	2.750%	12/15/26	CHF	3,000		3,705
	Pfandbriefbank schweizerischer Hypothekarinstitute AG	0.250%	1/18/27	CHF	20,000		21,215
	Pfandbriefbank schweizerischer Hypothekarinstitute AG	2.500%	2/16/27	CHF	2,000		2,447
	Pfandbriefbank schweizerischer Hypothekarinstitute AG	0.375%	5/12/27	CHF	25,000		26,778
	Pfandbriefbank schweizerischer Hypothekarinstitute AG	0.375%	7/10/28	CHF	5,000		5,357
	Pfandbriefbank schweizerischer Hypothekarinstitute AG	0.125%	9/6/28	CHF	13,000		13,635

103

Total International Bond Index Fund

						Face			Market
		Maturity				Amount			Value•
	Coupon	Date		Currency		(000		)	($000		)
Pfandbriefbank schweizerischer Hypothekarinstitute AG	0.625%		10/9/28		CHF		15,000			16,416
Pfandbriefbank schweizerischer Hypothekarinstitute AG	0.500%		1/22/29		CHF		9,900			10,725
Pfandbriefbank schweizerischer Hypothekarinstitute AG	0.125%		5/8/29		CHF		7,500			7,849
Pfandbriefbank schweizerischer Hypothekarinstitute AG	0.500%		6/15/29		CHF		15,000			16,237
Pfandbriefbank schweizerischer Hypothekarinstitute AG	1.375%		9/20/29		CHF		2,000			2,342
Pfandbriefbank schweizerischer Hypothekarinstitute AG	0.250%		4/15/30		CHF		10,000			10,510
Pfandbriefbank schweizerischer Hypothekarinstitute AG	1.625%		7/3/30		CHF		2,000			2,409
Pfandbriefbank schweizerischer Hypothekarinstitute AG	0.625%		5/16/31		CHF		3,500			3,842
Pfandbriefbank schweizerischer Hypothekarinstitute AG	0.125%		7/15/31		CHF		9,250			9,605
Pfandbriefbank schweizerischer Hypothekarinstitute AG	1.875%		9/15/31		CHF		10,500			13,125
Pfandbriefbank schweizerischer Hypothekarinstitute AG	1.000%		5/12/32		CHF		7,500			8,601
Pfandbriefbank schweizerischer Hypothekarinstitute AG	2.250%		8/13/32		CHF		10,200			13,387
Pfandbriefbank schweizerischer Hypothekarinstitute AG	0.625%		4/25/33		CHF		5,000			5,506
Pfandbriefbank schweizerischer Hypothekarinstitute AG	1.500%		8/2/33		CHF		17,500			21,423
Pfandbriefbank schweizerischer Hypothekarinstitute AG	0.875%		5/7/35		CHF		2,000			2,285
Pfandbriefbank schweizerischer Hypothekarinstitute AG	0.500%		10/5/35		CHF		5,000			5,430
Pfandbriefbank schweizerischer Hypothekarinstitute AG	0.625%		1/23/37		CHF		4,000			4,442
Pfandbriefbank schweizerischer Hypothekarinstitute AG	0.875%		6/25/37		CHF		5,500			6,357
Pfandbriefbank schweizerischer Hypothekarinstitute AG	0.375%		7/8/39		CHF		8,300			8,860
Pfandbriefbank schweizerischer Hypothekarinstitute AG	1.500%		12/5/40		CHF		5,000			6,585
Pfandbriefzentrale der schweizerischen Kantonalbanken AG	1.250%		2/3/22		CHF		4,000			4,249
Pfandbriefzentrale der schweizerischen Kantonalbanken AG	0.875%		6/20/22		CHF		18,000			19,078
Pfandbriefzentrale der schweizerischen Kantonalbanken AG	1.000%		9/9/22		CHF		8,500			9,066
Pfandbriefzentrale der schweizerischen Kantonalbanken AG	1.125%		4/28/23		CHF		6,675			7,194
Pfandbriefzentrale der schweizerischen Kantonalbanken AG	2.250%		6/16/23		CHF		10,500			11,716
Pfandbriefzentrale der schweizerischen Kantonalbanken AG	0.000%		7/25/23		CHF		17,000			17,735
Pfandbriefzentrale der schweizerischen Kantonalbanken AG	0.375%		8/30/23		CHF		7,500			7,921

104

Total International Bond Index Fund

						Face		Market
				Maturity		Amount		Value•
		Coupon		Date	Currency	(000	)	($000	)
	Pfandbriefzentrale der schweizerischen Kantonalbanken AG	0.125	%	3/12/24	CHF	15,000		15,729
	Pfandbriefzentrale der schweizerischen Kantonalbanken AG	0.750	%	4/15/24	CHF	1,000		1,074
	Pfandbriefzentrale der schweizerischen Kantonalbanken AG	0.000	%	6/14/24	CHF	32,500		33,906
	Pfandbriefzentrale der schweizerischen Kantonalbanken AG	0.750	%	9/23/24	CHF	2,200		2,375
	Pfandbriefzentrale der schweizerischen Kantonalbanken AG	0.125	%	12/2/24	CHF	15,000		15,754
	Pfandbriefzentrale der schweizerischen Kantonalbanken AG	0.500	%	7/28/25	CHF	5,000		5,360
	Pfandbriefzentrale der schweizerischen Kantonalbanken AG	2.000	%	10/30/25	CHF	3,000		3,481
	Pfandbriefzentrale der schweizerischen Kantonalbanken AG	0.250	%	12/1/25	CHF	14,350		15,191
	Pfandbriefzentrale der schweizerischen Kantonalbanken AG	1.625	%	6/17/26	CHF	7,000		8,042
	Pfandbriefzentrale der schweizerischen Kantonalbanken AG	0.050	%	11/6/26	CHF	10,000		10,473
	Pfandbriefzentrale der schweizerischen Kantonalbanken AG	1.375	%	3/19/27	CHF	8,000		9,142
	Pfandbriefzentrale der schweizerischen Kantonalbanken AG	0.250	%	2/11/28	CHF	985		1,044
	Pfandbriefzentrale der schweizerischen Kantonalbanken AG	1.000	%	9/22/28	CHF	5,000		5,636
	Pfandbriefzentrale der schweizerischen Kantonalbanken AG	1.500	%	5/21/29	CHF	1,000		1,178
	Pfandbriefzentrale der schweizerischen Kantonalbanken AG	0.625	%	7/16/29	CHF	10,000		10,953
	Pfandbriefzentrale der schweizerischen Kantonalbanken AG	0.500	%	4/30/30	CHF	5,000		5,413
	Pfandbriefzentrale der schweizerischen Kantonalbanken AG	0.500	%	9/20/30	CHF	17,500		18,961
	Pfandbriefzentrale der schweizerischen Kantonalbanken AG	0.300	%	6/6/31	CHF	7,500		7,954
	Pfandbriefzentrale der schweizerischen Kantonalbanken AG	0.125	%	9/2/31	CHF	7,000		7,268
	Pfandbriefzentrale der schweizerischen Kantonalbanken AG	0.650	%	2/15/33	CHF	10,000		11,044
	Pfandbriefzentrale der schweizerischen Kantonalbanken AG	0.500	%	5/15/34	CHF	6,000		6,515
	Pfandbriefzentrale der schweizerischen Kantonalbanken AG	0.600	%	12/11/35	CHF	13,000		14,300
	Pfandbriefzentrale der schweizerischen Kantonalbanken AG	0.700	%	3/4/39	CHF	5,000		5,675
								761,076
Corporate Bonds (0.4%)
	ABB Ltd.	2.250	%	10/11/21	CHF	2,000		2,132
	Adecco International Financial Services BV	1.000	%	12/2/24	EUR	1,000		1,118
1	Aquarius and Investments plc for Zurich Insurance Co. Ltd.	4.250	%	10/2/43	EUR	5,385		6,489

105

Total International Bond Index Fund

					Face		Market
			Maturity		Amount		Value•
		Coupon	Date	Currency	(000	)	($000	)
	Argentum Netherlands BV for Givaudan SA	2.000%	9/17/30	EUR	900		1,075
1	Argentum Netherlands BV for Swiss Life AG	4.375%	12/29/49	EUR	4,000		4,817
1	Argentum Netherlands BV for Zurich Insurance Co. Ltd.	2.750%	2/19/49	EUR	2,000		2,370
	Barry Callebaut Services NV	2.375%	5/24/24	EUR	3,600		4,099
1	Cloverie plc for Swiss Reinsurance Co. Ltd.	6.625%	9/1/42	EUR	1,600		1,981
	Cloverie plc for Zurich Insurance Co. Ltd.	1.750%	9/16/24	EUR	5,400		6,216
	Coca-Cola HBC Finance BV	1.875%	11/11/24	EUR	200		231
	Credit Suisse AG	1.750%	1/15/21	EUR	47,600		52,859
	Credit Suisse AG	1.375%	1/31/22	EUR	15,748		17,501
	Credit Suisse AG	1.000%	6/7/23	EUR	5,400		6,011
	Credit Suisse AG	1.500%	4/10/26	EUR	800		924
1	Credit Suisse Group AG	1.250%	7/17/25	EUR	7,000		7,654
1	Credit Suisse Group AG	2.125%	9/12/25	GBP	14,300		17,957
1	Credit Suisse Group AG	1.000%	6/24/27	EUR	6,840		7,308
	Credit Suisse Group AG	0.650%	9/10/29	EUR	6,660		6,805
	Credit Suisse Group Funding Guernsey Ltd.	1.250%	4/14/22	EUR	25,600		28,146
	Credit Suisse Group Funding Guernsey Ltd.	3.000%	5/27/22	GBP	1,500		1,932
	Credit Suisse Group Funding Guernsey Ltd.	1.000%	4/14/23	CHF	12,000		12,519
1	Demeter Investments BV for Zurich Insurance Co. Ltd.	3.500%	10/1/46	EUR	22,950		28,260
1	ELM BV for Swiss Reinsurance Co. Ltd.	2.600%	12/29/49	EUR	16,950		19,333
	Flughafen Zuerich AG	1.500%	4/17/23	CHF	3,000		3,196
	Glencore Finance Europe Ltd.	1.625%	1/18/22	EUR	600		650
	Glencore Finance Europe Ltd.	6.000%	4/3/22	GBP	8,000		10,610
	Glencore Finance Europe Ltd.	1.875%	9/13/23	EUR	300		326
	Glencore Finance Europe Ltd.	1.750%	3/17/25	EUR	12,300		13,201
	Glencore Finance Europe Ltd.	3.750%	4/1/26	EUR	200		237
	Glencore Finance Europe Ltd.	1.500%	10/15/26	EUR	300		312
	Holcim Finance Australia Pty Ltd.	3.500%	6/16/22	AUD	1,350		888
	Holcim Finance Luxembourg SA	1.375%	5/26/23	EUR	10,500		11,582
	Holcim Finance Luxembourg SA	3.000%	1/22/24	EUR	5,600		6,554
	Holcim Finance Luxembourg SA	2.250%	5/26/28	EUR	4,500		5,094
	Holcim Overseas Finance Ltd.	3.375%	6/10/21	CHF	2,000		2,132
	LafargeHolcim Ltd.	3.000%	11/22/22	CHF	3,000		3,284
	LafargeHolcim Sterling Finance Netherlands BV	3.000%	5/12/32	GBP	800		985
	LGT Bank AG	1.500%	5/10/21	CHF	1,000		1,050
	Nestle Finance International Ltd.	1.750%	9/12/22	EUR	6,100		6,953
	Nestle Finance International Ltd.	2.250%	11/30/23	GBP	900		1,180
	Nestle Finance International Ltd.	0.375%	1/18/24	EUR	12,000		13,367
	Nestle Finance International Ltd.	1.250%	11/2/29	EUR	3,000		3,626
	Nestle Finance International Ltd.	1.750%	11/2/37	EUR	6,100		8,043
	Novartis AG	0.625%	11/13/29	CHF	2,750		3,011
	Novartis Finance SA	0.500%	8/14/23	EUR	5,000		5,570
	Novartis Finance SA	0.125%	9/20/23	EUR	20,100		22,180

106

Total International Bond Index Fund

							Face			Market
			Maturity				Amount			Value•
		Coupon	Date		Currency		(000		)	($000		)
	Novartis Finance SA	1.625%		11/9/26		EUR		5,000			6,053
	Novartis Finance SA	0.625%		9/20/28		EUR		100			114
	Novartis Finance SA	1.375%		8/14/30		EUR		8,100			9,776
	Pfandbriefbank schweizerischer Hypothekarinstitute AG	0.500%		5/5/28		CHF		8,000			8,665
	Pfandbriefbank schweizerischer Hypothekarinstitute AG	0.250%		10/14/36		CHF		4,050			4,212
	Pfandbriefzentrale der schweizerischen Kantonalbanken AG	0.550%		1/29/31		CHF		9,500			10,349
	Richemont International Holding SA	1.000%		3/26/26		EUR		15,400			17,467
	Richemont International Holding SA	2.000%		3/26/38		EUR		15,400			18,494
	Roche Finance Europe BV	0.500%		2/27/23		EUR		9,000			9,997
	Roche Finance Europe BV	0.875%		2/25/25		EUR		600			685
1	Swiss Re Finance Luxembourg SA	2.534%		4/30/50		EUR		4,000			4,560
	Tyco Electronics Group SA	0.000%		2/14/25		EUR		6,300			6,582
	UBS AG	1.250%		9/3/21		EUR		1,700			1,882
	UBS AG	0.125%		11/5/21		EUR		8,000			8,731
	UBS Group Funding Jersey Ltd.	1.750%		11/16/22		EUR		5,000			5,615
	UBS Group Funding Jersey Ltd.	2.125%		3/4/24		EUR		800			922
	UBS Group Funding Jersey Ltd.	1.500%		11/30/24		EUR		7,700			8,637
	UBS Group Funding Jersey Ltd.	1.250%		9/1/26		EUR		26,500			29,554
1	UBS Group Funding Switzerland AG	1.250%		4/17/25		EUR		21,000			23,327
	Willow No.2 Ireland plc for Zurich Insurance Co. Ltd.	3.375%		6/27/22		EUR		1,000			1,161
	Zurich Finance Australia Ltd.	3.477%		5/31/23		AUD		700			474
	Zurich Finance Ireland Designated Activity Co.	1.625%		6/17/39		EUR		15,000			17,742
											556,767
Sovereign Bonds (0.5%)
	Basellandschaftliche Kantonalbank	0.000%		3/23/23		CHF		6,000			6,232
	Basellandschaftliche Kantonalbank	0.375%		5/13/30		CHF		5,000			5,293
	Basler Kantonalbank	0.000%		4/11/22		CHF		5,000			5,193
	Basler Kantonalbank	0.375%		8/10/23		CHF		5,300			5,573
	Basler Kantonalbank	0.300%		6/22/27		CHF		4,500			4,744
	Canton of Basel-Landschaft	1.375%		9/29/34		CHF		16,600			20,603
	Canton of Geneva Switzerland	1.625%		7/30/29		CHF		3,550			4,223
	Canton of Geneva Switzerland	1.500%		3/5/32		CHF		1,600			1,926
	Canton of Geneva Switzerland	0.400%		4/28/36		CHF		5,000			5,348
	Canton of Geneva Switzerland	0.600%		7/4/46		CHF		2,990			3,412
	Canton of Vaud	2.000%		10/24/33		CHF		8,905			11,760
	Canton of Zurich	1.250%		7/29/22		CHF		7,300			7,850
	Canton of Zurich	0.000%		6/27/25		CHF		10,000			10,553
	Canton of Zurich	1.250%		12/3/32		CHF		3,000			3,619
	Canton of Zurich	2.000%		7/29/38		CHF		10,000			14,118
	Canton of Zurich	0.250%		7/12/39		CHF		7,500			8,034
	Lunar Funding V for Swisscom AG	1.875%		9/8/21		EUR		2,000			2,235
	Luzerner Kantonalbank AG	1.125%		6/30/23		CHF		8,000			8,601
	Swiss Confederation	2.000%		4/28/21		CHF		3,850			4,092
	Swiss Confederation	2.000%		5/25/22		CHF		49,400			54,036
	Swiss Confederation	4.000%		2/11/23		CHF		2,405			2,819
	Swiss Confederation	1.250%		6/11/24		CHF		21,200			23,704
	Swiss Confederation	1.500%		7/24/25		CHF		17,450			20,131
	Swiss Confederation	1.250%		5/28/26		CHF		30,800			35,682
	Swiss Confederation	3.250%		6/27/27		CHF		9,000			11,970
	Swiss Confederation	4.000%		4/8/28		CHF		400			569

107

Total International Bond Index Fund

							Face			Market
			Maturity				Amount			Value•
		Coupon	Date		Currency		(000		)	($000		)
	Swiss Confederation	0.000%		6/22/29		CHF		26,000			28,389
	Swiss Confederation	0.500%		5/27/30		CHF		17,000			19,490
	Swiss Confederation	2.250%		6/22/31		CHF		17,500			23,855
	Swiss Confederation	0.500%		6/27/32		CHF		14,200			16,502
	Swiss Confederation	3.500%		4/8/33		CHF		20,600			32,528
	Swiss Confederation	2.500%		3/8/36		CHF		6,150			9,342
	Swiss Confederation	1.250%		6/27/37		CHF		30,250			40,382
	Swiss Confederation	0.000%		7/24/39		CHF		18,000			20,055
	Swiss Confederation	1.500%		4/30/42		CHF		41,100			60,831
	Swiss Confederation	0.500%		6/28/45		CHF		15,000			19,272
	Swiss Confederation	4.000%		1/6/49		CHF		8,500			20,389
	Swiss Confederation	0.500%		5/24/55		CHF		6,250			8,590
	Swiss Confederation	0.500%		5/30/58		CHF		17,170			24,321
	Swiss Confederation	2.000%		6/25/64		CHF		4,800			10,571
	Swisscom AG	2.625%		8/31/22		CHF		11,000			12,114
	Swisscom AG	1.750%		7/10/24		CHF		2,000			2,231
	Zuercher Kantonalbank	1.250%		1/31/22		CHF		17,000			18,036
	Zuercher Kantonalbank	0.030%		2/11/22		CHF		5,000			5,194
	Zuercher Kantonalbank	2.125%		6/29/22		CHF		16,400			17,833
	Zuercher Kantonalbank	0.250%		1/27/26		CHF		5,000			5,268
	Zuercher Kantonalbank	0.125%		5/13/26		CHF		1,640			1,715
											679,228
Total Switzerland (Cost $1,936,028)											1,997,071
Thailand (0.7%)
Sovereign Bonds (0.7%)
	Bank of Thailand Bond	1.840%		5/27/21		THB		700,000			21,909
	Bank of Thailand Bond	2.090%		9/24/21		THB		600,000			18,905
	Bank of Thailand Bond	1.810%		3/25/22		THB		2,200,000			69,409
	Kingdom of Thailand	3.650%		12/17/21		THB		1,950,000			63,173
	Kingdom of Thailand	1.875%		6/17/22		THB		1,200,000			38,023
	Kingdom of Thailand	2.000%		12/17/22		THB		100,000			3,194
	Kingdom of Thailand	5.500%		3/13/23		THB		130,000			4,557
	Kingdom of Thailand	3.625%		6/16/23		THB		600,000			20,166
	Kingdom of Thailand	2.400%		12/17/23		THB		1,902,000			62,150
	Kingdom of Thailand	1.450%		12/17/24		THB		300,000			9,507
	Kingdom of Thailand	3.850%		12/12/25		THB		1,250,000			44,664
	Kingdom of Thailand	2.125%		12/17/26		THB		600,000			19,793
	Kingdom of Thailand	3.580%		12/17/27		THB		987,000			35,876
	Kingdom of Thailand	5.670%		3/13/28		THB		120,000			4,972
	Kingdom of Thailand	2.875%		12/17/28		THB		2,020,550			70,870
	Kingdom of Thailand	4.875%		6/22/29		THB		1,740,000			70,950
	Kingdom of Thailand	1.600%		12/17/29		THB		90,000			2,884
	Kingdom of Thailand	3.650%		6/20/31		THB		1,230,000			46,725
	Kingdom of Thailand	3.775%		6/25/32		THB		1,508,000			59,064
	Kingdom of Thailand	3.400%		6/17/36		THB		2,961,200			115,864
	Kingdom of Thailand	4.260%		12/12/37		THB		277,000			11,147
	Kingdom of Thailand	3.300%		6/17/38		THB		855,000			33,684
	Kingdom of Thailand	3.800%		6/14/41		THB		150,000			6,176
	Kingdom of Thailand	4.675%		6/29/44		THB		751,000			34,139
	Kingdom of Thailand	2.875%		6/17/46		THB		1,129,525			40,718
	Kingdom of Thailand	4.000%		6/17/66		THB		325,000			14,130
	Kingdom of Thailand	3.600%		6/17/67		THB		2,342,500			94,443
	Total Thailand (Cost $914,232)										1,017,092

108

Total International Bond Index Fund

							Face			Market
			Maturity				Amount			Value•
		Coupon	Date		Currency		(000		)	($000		)
United Arab Emirates (0.0%)
Sovereign Bonds (0.0%)
	DP World plc	2.375%		9/25/26		EUR		400			402
	DP World plc	4.250%		9/25/30		GBP		2,000			2,214
	Emirates NBD Bank PJSC	3.050%		2/26/30		AUD		2,300			1,445
	Emirates NBD PJSC	4.750%		2/18/22		AUD		1,400			925
	Emirates NBD PJSC	1.750%		3/23/22		EUR		3,000			3,293
	Emirates NBD PJSC	4.750%		2/9/28		AUD		1,400			962
	Emirates Telecommunications Group Co. PJSC	1.750%		6/18/21		EUR		6,500			7,196
	Emirates Telecommunications Group Co. PJSC	2.750%		6/18/26		EUR		3,000			3,658
	IPIC GMTN Ltd.	3.625%		5/30/23		EUR		3,000			3,524
	IPIC GMTN Ltd.	6.875%		3/14/26		GBP		640			1,012
Total United Arab Emirates (Cost $26,320)											24,631
United Kingdom (7.7%)
Asset-Backed/Commercial Mortgage-Backed Securities (0.3%)
	AA Bond Co. Ltd.	2.875%		1/31/22		GBP		6,250			7,440
	AA Bond Co. Ltd.	6.269%		7/31/25		GBP		2,000			2,344
	Arqiva Financing plc	4.882%		12/31/32		GBP		4,767			6,700
	Artesian Finance II plc	6.000%		9/30/33		GBP		1,990			3,805
	Aspire Defence Finance plc	4.674%		3/31/40		GBP		3,438			5,736
	Aspire Defence Finance plc	4.674%		3/31/40		GBP		3,703			6,193
	Bank of Scotland plc	4.500%		7/13/21		EUR		6,160			7,114
	Bank of Scotland plc	4.750%		6/8/22		EUR		1,840			2,220
	Bank of Scotland plc	4.875%		12/20/24		GBP		1,400			2,080
	Barclays Bank plc	4.000%		1/12/21		EUR		15,500			17,457
	Barclays Bank plc	4.250%		1/12/22		GBP		3,600			4,814
1	Broadgate Financing plc	4.999%		10/5/33		GBP		6,500			9,950
1	Canary Wharf Finance II plc	6.455%		10/22/33		GBP		219			341
1	Channel Link Enterprises Finance plc	3.043%		6/30/50		GBP		6,200			7,994
	Clydesdale Bank plc	4.625%		6/8/26		GBP		13,000			19,888
	Co-Operative Bank plc	4.750%		11/11/21		GBP		8,900			11,738
	Coventry Building Society	0.500%		1/12/24		EUR		900			1,000
	CTRL Section 1 Finance plc	5.234%		5/2/35		GBP		867			1,501
	Derby Healthcare plc	5.564%		6/30/41		GBP		1,148			2,047
	Greene King Finance plc	5.318%		9/15/31		GBP		990			1,449
	Greene King Finance plc	4.064%		3/15/35		GBP		1,669			2,290
	High Speed Rail Finance 1 plc	4.375%		11/1/38		GBP		6,700			11,286
	Integrated Accommodation Services plc	6.480%		3/31/29		GBP		534			834
1	Intu SGS Finance plc	3.875%		3/17/28		GBP		2,700			2,179
	Intu SGS Finance plc	4.250%		9/17/30		GBP		1,800			1,441
1	Intu SGS Finance plc	4.625%		3/17/33		GBP		2,000			1,620
	Juturna European Loan Conduit No. 16 plc	5.064%		8/10/33		GBP		6,309			10,023
	Lloyds Bank plc	1.750%		3/31/22		GBP		3,300			4,240
	Lloyds Bank plc	4.875%		1/13/23		EUR		8,200			10,175
	Lloyds Bank plc	5.125%		3/7/25		GBP		15,200			22,883
	Lloyds Bank plc	4.875%		3/30/27		GBP		3,081			4,880
	Lloyds Bank plc	6.000%		2/8/29		GBP		10,350			18,265
1	Longstone Finance plc	4.791%		4/19/36		GBP		700			1,023
	Meadowhall Finance plc	4.986%		1/12/32		GBP		2,647			4,043
	Mitchells & Butlers Finance plc	5.574%		12/15/30		GBP		345			484
	National Westminster Bank plc	5.125%		1/13/24		GBP		500			729

109

Total International Bond Index Fund

							Face			Market
			Maturity				Amount			Value•
		Coupon	Date		Currency		(000		)	($000		)
	National Westminster Bank plc	0.500%		5/15/24		EUR		10,000			11,150
	Nationwide Building Society	4.375%		2/28/22		EUR		17,000			20,128
	Nationwide Building Society	5.625%		1/28/26		GBP		1,500			2,408
	Nationwide Building Society	0.625%		3/25/27		EUR		11,790			13,354
	Nationwide Building Society	2.250%		6/25/29		EUR		5,000			6,488
	Nationwide Building Society	1.375%		6/29/32		EUR		16,000			19,563
	Nats En Route plc	5.250%		3/31/26		GBP		2,757			3,951
1	Octagon Healthcare Funding plc	5.333%		6/30/36		GBP		830			1,352
	RAC Bond Co. plc	4.565%		5/6/23		GBP		400			511
	RAC Bond Co. plc	4.870%		5/6/26		GBP		3,000			3,731
	RMPA Services plc	5.337%		9/30/38		GBP		2,211			3,713
	Santander UK plc	0.250%		8/9/21		EUR		10,000			10,999
	Santander UK plc	0.250%		4/21/22		EUR		20,000			22,052
	Santander UK plc	1.250%		9/18/24		EUR		6,700			7,736
1	Santander UK plc	5.750%		3/2/26		GBP		5,855			9,418
	Santander UK plc	5.250%		2/16/29		GBP		758			1,278
	Telereal Secured Finance plc	4.010%		12/10/31		GBP		5,001			6,771
	Telereal Securitisation plc	6.165%		12/10/31		GBP		901			1,414
	Tesco Property Finance 1 plc	7.623%		7/13/39		GBP		2,571			4,707
	Tesco Property Finance 2 plc	6.052%		10/13/39		GBP		3,315			5,451
	Tesco Property Finance 3 plc	5.744%		4/13/40		GBP		1,928			3,145
	Tesco Property Finance 4 plc	5.801%		10/13/40		GBP		4,864			8,014
	Tesco Property Finance 6 plc	5.411%		7/13/44		GBP		6,307			10,093
	Westfield Stratford City Finance No. 2 plc	1.642%		8/4/26		GBP		2,500			3,136
	Yorkshire Building Society	1.250%		6/11/21		EUR		7,000			7,777
											406,546
Corporate Bonds (2.2%)
	3i Group plc	5.750%		12/3/32		GBP		5,000			7,849
	A2Dominion Housing Group Ltd.	3.500%		11/15/28		GBP		6,200			8,480
	ABP Finance plc	6.250%		12/14/26		GBP		4,300			6,293
	Admiral Group plc	5.500%		7/25/24		GBP		2,400			3,346
	Affinity Sutton Capital Markets plc	4.250%		10/8/42		GBP		1,500			2,608
	Affinity Water Finance 2004 plc	5.875%		7/13/26		GBP		2,150			3,385
	Affinity Water Programme Finance Ltd.	4.500%		3/31/36		GBP		4,500			7,653
	Anglian Water Services Financing plc	6.875%		8/21/23		GBP		4,300			6,337
	Anglian Water Services Financing plc	2.625%		6/15/27		GBP		3,600			4,445
	Anglian Water Services Financing plc	4.500%		10/5/27		GBP		2,492			3,711
	Anglian Water Services Financing plc	6.625%		1/15/29		GBP		615			1,069
	Annington Funding plc	1.650%		7/12/24		EUR		3,800			4,188
	Annington Funding plc	2.646%		7/12/25		GBP		3,000			3,839
	Annington Funding plc	3.685%		7/12/34		GBP		7,300			9,767
	Annington Funding plc	3.935%		7/12/47		GBP		5,800			8,130
	Aptiv plc	1.500%		3/10/25		EUR		12,022			12,353
	Aster Treasury plc	4.500%		12/18/43		GBP		2,700			4,931
	AstraZeneca plc	0.250%		5/12/21		EUR		1,000			1,091
	AstraZeneca plc	1.250%		5/12/28		EUR		100			115
	AstraZeneca plc	5.750%		11/13/31		GBP		5,000			8,895
	Aviva plc	0.625%		10/27/23		EUR		1,000			1,092
	Aviva plc	1.875%		11/13/27		EUR		4,000			4,602
1	Aviva plc	6.625%		6/3/41		GBP		2,500			3,280
1	Aviva plc	6.125%		7/5/43		EUR		2,400			2,972
1	Aviva plc	3.875%		7/3/44		EUR		2,459			2,888
1	Aviva plc	3.375%		12/4/45		EUR		6,000			7,014
1	Aviva plc	4.375%		9/12/49		GBP		4,991			6,500

110

Total International Bond Index Fund

							Face			Market
			Maturity				Amount			Value•
		Coupon	Date		Currency		(000		)	($000		)
1	Aviva plc	6.125%		9/29/49		GBP		4,700			6,060
1	Aviva plc	5.125%		6/4/50		GBP		2,000			2,738
1	Aviva plc	6.875%		5/20/58		GBP		8,692			14,641
	Babcock International Group plc	1.750%		10/6/22		EUR		7,800			8,659
	Babcock International Group plc	1.875%		10/5/26		GBP		4,000			4,666
	Babcock International Group plc	1.375%		9/13/27		EUR		600			628
	BAE Systems plc	4.125%		6/8/22		GBP		6,500			8,580
	Barclays Bank plc	10.000%		5/21/21		GBP		10,533			14,159
	Barclays Bank plc	4.250%		3/2/22		EUR		10,000			11,821
	Barclays Bank plc	6.625%		3/30/22		EUR		7,159			8,475
	Barclays plc	1.500%		4/1/22		EUR		1,600			1,755
	Barclays plc	1.500%		9/3/23		EUR		100			109
	Barclays plc	3.125%		1/17/24		GBP		3,900			5,005
	Barclays plc	3.000%		5/8/26		GBP		11,000			14,024
	Barclays plc	3.250%		2/12/27		GBP		655			848
1	Barclays plc	2.000%		2/7/28		EUR		10,300			11,014
	Barclays plc	3.250%		1/17/33		GBP		500			634
	BAT Capital Corp.	2.125%		8/15/25		GBP		1,300			1,618
	BAT International Finance plc	4.875%		2/24/21		EUR		5,250			5,945
	BAT International Finance plc	1.750%		7/5/21		GBP		2,700			3,393
	BAT International Finance plc	1.000%		5/23/22		EUR		700			766
	BAT International Finance plc	2.375%		1/19/23		EUR		100			113
	BAT International Finance plc	0.875%		10/13/23		EUR		8,615			9,331
	BAT International Finance plc	2.750%		3/25/25		EUR		6,000			6,852
	BAT International Finance plc	1.250%		3/13/27		EUR		7,850			8,216
	BAT International Finance plc	2.250%		1/16/30		EUR		19,000			20,290
	BAT International Finance plc	6.000%		11/24/34		GBP		8,350			13,410
	BAT International Finance plc	5.750%		7/5/40		GBP		400			650
	BAT International Finance plc	2.250%		9/9/52		GBP		3,000			2,794
	Bazalgette Finance plc	2.375%		11/29/27		GBP		1,200			1,592
	BG Energy Capital plc	1.250%		11/21/22		EUR		6,400			7,077
	BG Energy Capital plc	5.125%		12/1/25		GBP		6,008			9,000
	BG Energy Capital plc	2.250%		11/21/29		EUR		10,411			12,216
	BP Capital Markets plc	2.177%		9/28/21		EUR		5,800			6,472
	BP Capital Markets plc	1.373%		3/3/22		EUR		2,700			2,983
	BP Capital Markets plc	1.526%		9/26/22		EUR		11,100			12,300
	BP Capital Markets plc	1.177%		8/12/23		GBP		3,100			3,804
	BP Capital Markets plc	0.900%		7/3/24		EUR		23,500			25,445
	BP Capital Markets plc	0.830%		9/19/24		EUR		8,000			8,644
	BP Capital Markets plc	2.030%		2/14/25		GBP		1,300			1,624
	BP Capital Markets plc	1.953%		3/3/25		EUR		7,200			8,183
	BP Capital Markets plc	3.470%		5/15/25		CAD		2,500			1,847
	BP Capital Markets plc	1.077%		6/26/25		EUR		5,300			5,764
	BP Capital Markets plc	2.972%		2/27/26		EUR		5,200			6,193
	BP Capital Markets plc	2.274%		7/3/26		GBP		12,737			16,100
	BP Capital Markets plc	2.213%		9/25/26		EUR		13,000			14,880
	BP Capital Markets plc	1.573%		2/16/27		EUR		26,582			29,280
	BP Capital Markets plc	0.831%		11/8/27		EUR		15,000			15,572
	BPHA Finance plc	4.816%		4/11/44		GBP		1,300			2,480
	Brambles Finance Ltd.	2.375%		6/12/24		EUR		400			462
	British Land Co. plc	2.375%		9/14/29		GBP		1,800			2,292
	British Telecommunications plc	1.125%		3/10/23		EUR		6,600			7,313
	British Telecommunications plc	0.875%		9/26/23		EUR		4,000			4,403
	British Telecommunications plc	1.000%		11/21/24		EUR		8,800			9,674

111

Total International Bond Index Fund

							Face			Market
			Maturity				Amount			Value•
		Coupon	Date		Currency		(000		)	($000		)
	British Telecommunications plc	1.750%		3/10/26		EUR		9,920			11,260
	British Telecommunications plc	1.500%		6/23/27		EUR		10,200			11,382
	British Telecommunications plc	2.125%		9/26/28		EUR		100			116
	British Telecommunications plc	5.750%		12/7/28		GBP		4,030			6,537
	British Telecommunications plc	3.125%		11/21/31		GBP		400			544
	British Telecommunications plc	6.375%		6/23/37		GBP		6,000			11,471
	Bromford Housing Group Ltd.	3.125%		5/3/48		GBP		1,900			2,997
	BUPA Finance plc	3.375%		6/17/21		GBP		7,400			9,510
	BUPA Finance plc	2.000%		4/5/24		GBP		11,000			13,943
	BUPA Finance plc	5.000%		12/8/26		GBP		5,100			7,027
	Cadent Finance plc	0.625%		9/22/24		EUR		22,620			24,756
	Cadent Finance plc	2.125%		9/22/28		GBP		20,208			26,341
	Cadent Finance plc	0.750%		3/11/32		EUR		5,000			5,267
	Cadent Finance plc	2.625%		9/22/38		GBP		100			137
	Cadent Finance plc	3.125%		3/21/40		GBP		200			293
	Cadent Finance plc	2.750%		9/22/46		GBP		2,150			3,036
	Cardiff University	3.000%		12/7/55		GBP		2,000			3,631
	Centrica plc	6.375%		3/10/22		GBP		1,850			2,528
	Centrica plc	4.375%		3/13/29		GBP		4,800			6,992
	Centrica plc	7.000%		9/19/33		GBP		2,100			3,929
	Centrica plc	4.250%		9/12/44		GBP		5,450			8,464
	Circle Anglia Social Housing plc	7.250%		11/12/38		GBP		4,850			11,013
	CK Hutchison Europe Finance 18 Ltd.	1.250%		4/13/25		EUR		16,300			18,034
	CK Hutchison Finance 16 II Ltd.	0.875%		10/3/24		EUR		11,400			12,433
	CK Hutchison Finance 16 Ltd.	1.250%		4/6/23		EUR		17,000			18,842
	CK Hutchison Finance 16 Ltd.	2.000%		4/6/28		EUR		100			116
	CK Hutchison Group Telecom Finance SA	0.375%		10/17/23		EUR		100			108
	CK Hutchison Group Telecom Finance SA	2.000%		10/17/27		GBP		5,000			6,178
	CK Hutchison Group Telecom Finance SA	1.125%		10/17/28		EUR		200			217
	CK Hutchison Group Telecom Finance SA	1.500%		10/17/31		EUR		18,000			19,722
	Clarion Funding plc	2.625%		1/18/29		GBP		1,554			2,091
	Clarion Funding plc	3.125%		4/19/48		GBP		3,000			4,542
	Close Brothers Finance plc	3.875%		6/27/21		GBP		3,000			3,848
	CNH Industrial Finance Europe SA	1.375%		5/23/22		EUR		200			217
	CNH Industrial Finance Europe SA	2.875%		5/17/23		EUR		7,000			7,703
	CNH Industrial Finance Europe SA	1.750%		9/12/25		EUR		9,000			9,377
	CNH Industrial Finance Europe SA	1.875%		1/19/26		EUR		1,900			1,942
	CNH Industrial Finance Europe SA	1.625%		7/3/29		EUR		500			475
	Coca-Cola European Partners plc	0.750%		2/24/22		EUR		6,000			6,591
	Coca-Cola European Partners plc	1.125%		5/26/24		EUR		5,800			6,499
	Coca-Cola European Partners plc	2.375%		5/7/25		EUR		3,000			3,539
	Coca-Cola European Partners plc	1.750%		5/26/28		EUR		5,200			6,004
	Coca-Cola European Partners plc	0.700%		9/12/31		EUR		8,500			8,675
	Community Finance Co. 1 plc	5.017%		7/31/34		GBP		700			1,215
	Compass Group International BV	0.625%		7/3/24		EUR		1,700			1,853
	Compass Group plc	2.000%		9/5/25		GBP		400			511
	Compass Group plc	2.000%		7/3/29		GBP		1,600			2,026
	Connect Plus M25 Issuer plc	2.607%		3/31/39		GBP		2,682			3,686
	Coventry Building Society	5.875%		9/28/22		GBP		15,868			21,902
	CPUK Finance Ltd.	3.588%		8/28/25		GBP		3,000			3,716
	CPUK Finance Ltd.	3.690%		8/28/28		GBP		100			124
1	CPUK Finance Ltd.	7.239%		2/28/42		GBP		2,700			3,802
	CRH Finance UK plc	4.125%		12/2/29		GBP		5,700			8,129
	Diageo Finance plc	0.500%		6/19/24		EUR		854			934

112

Total International Bond Index Fund

							Face			Market
			Maturity				Amount			Value•
		Coupon	Date		Currency		(000		)	($000		)
	Diageo Finance plc	1.750%		9/23/24		EUR		200			230
	DS Smith plc	2.250%		9/16/22		EUR		100			112
	DS Smith plc	1.375%		7/26/24		EUR		400			432
15	Dwr Cymru Financing Ltd.	6.015%		3/31/28		GBP		500			840
	Dwr Cymru Financing Ltd.	2.500%		3/31/36		GBP		600			848
	Eastern Power Networks plc	4.750%		9/30/21		GBP		2,400			3,163
	Eastern Power Networks plc	5.750%		3/8/24		GBP		3,000			4,364
	Eastern Power Networks plc	6.250%		11/12/36		GBP		200			412
	easyJet plc	1.750%		2/9/23		EUR		800			726
	Electricity North West Ltd.	8.875%		3/25/26		GBP		2,000			3,498
	EMH Treasury plc	4.500%		1/29/44		GBP		994			1,795
	ENW Finance plc	6.125%		7/21/21		GBP		1,000			1,331
	Eversholt Funding plc	6.359%		12/2/25		GBP		500			751
	Eversholt Funding plc	6.697%		2/22/35		GBP		1,800			2,864
	Eversholt Funding plc	3.529%		8/7/42		GBP		3,400			4,433
	Experian Finance plc	3.500%		10/15/21		GBP		6,815			8,790
	Experian Finance plc	1.375%		6/25/26		EUR		400			447
	FCE Bank plc	1.875%		6/24/21		EUR		5,000			5,276
	FCE Bank plc	0.869%		9/13/21		EUR		3,800			3,922
	FCE Bank plc	1.134%		2/10/22		EUR		1,430			1,445
	FCE Bank plc	2.727%		6/3/22		GBP		700			821
	Fidelity International Ltd.	7.125%		2/13/24		GBP		1,300			1,920
	Fidelity International Ltd.	2.500%		11/4/26		EUR		2,739			2,990
	Firstgroup plc	8.750%		4/8/21		GBP		5,000			6,511
	Firstgroup plc	6.875%		9/18/24		GBP		2,660			3,590
	Friends Life Holdings plc	8.250%		4/21/22		GBP		3,000			4,215
	Futures Treasury plc	3.375%		2/8/44		GBP		900			1,465
	G4S International Finance plc	1.500%		1/9/23		EUR		2,100			2,246
	G4S International Finance plc	1.500%		6/2/24		EUR		12,300			12,682
	G4S International Finance plc	1.875%		5/24/25		EUR		23,400			24,109
1	Gatwick Funding Ltd.	5.250%		1/23/26		GBP		1,000			1,383
1	Gatwick Funding Ltd.	6.125%		3/2/28		GBP		17,950			26,646
1	Gatwick Funding Ltd.	5.750%		1/23/39		GBP		500			833
	Gatwick Funding Ltd.	3.125%		9/28/39		GBP		4,300			5,393
	Gatwick Funding Ltd.	3.250%		2/26/48		GBP		400			514
1	Gatwick Funding Ltd.	2.625%		10/7/48		GBP		1,200			1,382
	Genfinance II plc	6.064%		12/21/39		GBP		5,900			11,568
	GlaxoSmithKline Capital plc	1.375%		12/2/24		EUR		350			403
	GlaxoSmithKline Capital plc	4.000%		6/16/25		EUR		1,000			1,304
	GlaxoSmithKline Capital plc	1.250%		5/21/26		EUR		15,000			17,328
	GlaxoSmithKline Capital plc	1.000%		9/12/26		EUR		500			571
	GlaxoSmithKline Capital plc	3.375%		12/20/27		GBP		3,900			5,670
	GlaxoSmithKline Capital plc	1.750%		5/21/30		EUR		10,400			12,650
	GlaxoSmithKline Capital plc	5.250%		12/19/33		GBP		7,339			13,479
	GlaxoSmithKline Capital plc	6.375%		3/9/39		GBP		1,145			2,520
	GlaxoSmithKline Capital plc	5.250%		4/10/42		GBP		355			730
	GlaxoSmithKline Capital plc	4.250%		12/18/45		GBP		600			1,140
	Global Switch Holdings Ltd.	4.375%		12/13/22		GBP		1,000			1,337
	Global Switch Holdings Ltd.	1.500%		1/31/24		EUR		1,800			1,975
	Global Switch Holdings Ltd.	2.250%		5/31/27		EUR		500			560
	Great Places Housing Group Ltd.	4.750%		10/22/42		GBP		3,000			5,389
	Great Rolling Stock Co. Ltd.	6.875%		7/27/35		GBP		711			1,111
	Greater Gabbard Ofto plc	4.137%		11/29/32		GBP		1,298			1,909
	Guinness Partnership Ltd.	4.000%		10/24/44		GBP		978			1,724

113

Total International Bond Index Fund

						Face			Market
			Maturity			Amount			Value•
		Coupon		Date	Currency		(000	)		($000	)
	Gwynt Y Mor Ofto plc	2.778%		2/17/34	GBP		2,310			3,143
	Hammerson plc	2.000%		7/1/22	EUR		7,200			6,877
	Hammerson plc	6.000%		2/23/26	GBP		4,000			4,771
	Hammerson plc	7.250%		4/21/28	GBP		4,000			5,051
	Hastings Group Finance plc	3.000%		5/24/25	GBP		6,000			7,566
	Haven Funding plc	8.125%		9/30/37	GBP		1,115			2,236
1	HBOS plc	4.500%		3/18/30	EUR		3,500			4,119
1	HBOS Sterling Finance Jersey LP	7.881%		12/9/67	GBP		1,000			1,912
	Heathrow Funding Ltd.	5.225%		2/15/23	GBP		2,200			2,948
	Heathrow Funding Ltd.	7.125%		2/14/24	GBP		7,920			11,320
1	Heathrow Funding Ltd.	1.875%		5/23/24	EUR		400			439
	Heathrow Funding Ltd.	3.400%		3/8/28	CAD		7,000			5,054
1	Heathrow Funding Ltd.	1.500%		2/11/30	EUR		7,100			7,630
	Heathrow Funding Ltd.	3.782%		9/4/30	CAD		100			73
	Heathrow Funding Ltd.	6.450%		12/10/31	GBP		3,050			5,254
	Heathrow Funding Ltd.	1.875%		7/12/32	EUR		1,200			1,312
	Heathrow Funding Ltd.	1.875%		3/14/34	EUR		1,300			1,397
	Heathrow Funding Ltd.	5.875%		5/13/41	GBP		12,700			23,372
	Heathrow Funding Ltd.	4.625%		10/31/46	GBP		2,500			4,118
	Heathrow Funding Ltd.	2.750%		8/9/49	GBP		950			1,160
	Hiscox Ltd.	2.000%		12/14/22	GBP		700			870
	Home Group Ltd.	3.125%		3/27/43	GBP		2,000			2,913
1	HSBC Bank Capital Funding Sterling 1 LP	5.844%		11/29/49	GBP		250			417
	HSBC Bank plc	6.500%		7/7/23	GBP		5,000			7,071
1	HSBC Bank plc	5.375%		11/4/30	GBP		1,000			1,450
	HSBC Bank plc	5.375%		8/22/33	GBP		2,000			3,056
	HSBC Bank plc	6.250%		1/30/41	GBP		66			117
	HSBC Bank plc	4.750%		3/24/46	GBP		100			153
	HSBC Holdings plc	0.450%		9/24/21	JPY		500,000			4,662
	HSBC Holdings plc	1.500%		3/15/22	EUR		21,200			23,632
1	HSBC Holdings plc	2.175%		6/27/23	GBP		12,300			15,573
	HSBC Holdings plc	3.196%		12/5/23	CAD		9,790			7,235
	HSBC Holdings plc	0.875%		9/6/24	EUR		17,600			19,440
	HSBC Holdings plc	3.000%		6/30/25	EUR		26,500			30,826
1	HSBC Holdings plc	2.256%		11/13/26	GBP		6,000			7,611
1	HSBC Holdings plc	3.000%		7/22/28	GBP		26,500			34,874
	HSBC Holdings plc	2.625%		8/16/28	GBP		3,125			4,115
	HSBC Holdings plc	6.750%		9/11/28	GBP		2,750			4,465
	HSBC Holdings plc	7.000%		4/7/38	GBP		4,100			7,301
	HSBC Holdings plc	6.000%		3/29/40	GBP		7,650			12,470
	Hutchison Whampoa Finance 14 Ltd.	1.375%		10/31/21	EUR		100			111
	Hyde Housing Association Ltd.	5.125%		7/23/40	GBP		275			515
	Imperial Brands Finance plc	0.500%		7/27/21	EUR		500			543
	Imperial Brands Finance plc	9.000%		2/17/22	GBP		12,400			17,345
	Imperial Brands Finance plc	1.375%		1/27/25	EUR		1,000			1,088
	Imperial Brands Finance plc	3.375%		2/26/26	EUR		600			708
	Imperial Brands Finance plc	2.125%		2/12/27	EUR		15,500			17,010
	Imperial Brands Finance plc	4.875%		6/7/32	GBP		7,600			10,986
	Incommunities Treasury plc	3.250%		3/21/49	GBP		3,100			4,952
	Informa plc	1.500%		7/5/23	EUR		1,300			1,365
	InterContinental Hotels Group plc	3.875%		11/28/22	GBP		3,500			4,378
	Investec Bank plc	9.625%		2/17/22	GBP		1,000			1,379
1	Investec Bank plc	4.250%		7/24/28	GBP		500			580

114

Total International Bond Index Fund

						Face			Market
			Maturity			Amount			Value•
		Coupon		Date	Currency		(000	)		($000	)
	Investec plc	4.500%		5/5/22	GBP		4,000			5,153
	Just Group plc	3.500%		2/7/25	GBP		2,000			2,063
	Karbon Homes Ltd.	3.375%		11/15/47	GBP		6,500			10,681
	Kennedy Wilson Europe Real Estate Ltd.	3.950%		6/30/22	GBP		3,000			3,726
	Kennedy Wilson Europe Real Estate Ltd.	3.250%		11/12/25	EUR		1,200			1,205
	Land Securities Capital Markets plc	1.974%		2/8/24	GBP		1,000			1,280
	Land Securities Capital Markets plc	2.375%		3/29/27	GBP		800			1,058
	Land Securities Capital Markets plc	2.625%		9/22/37	GBP		5,200			7,102
	Land Securities Capital Markets plc	2.750%		9/22/57	GBP		1,300			1,894
	Leeds Building Society	1.375%		5/5/22	EUR		22,195			24,556
	Leeds Building Society	0.500%		7/3/24	EUR		500			558
1	Leeds Building Society	3.750%		4/25/29	GBP		500			615
	Legal & General Finance plc	5.875%		12/11/31	GBP		4,000			7,091
1	Legal & General Group plc	10.000%		7/23/41	GBP		2,700			3,714
1	Legal & General Group plc	5.375%		10/27/45	GBP		3,400			4,650
1	Legal & General Group plc	5.125%		11/14/48	GBP		1,000			1,364
1	Legal & General Group plc	5.500%		6/27/64	GBP		800			1,133
	Lendlease Europe Finance plc	6.125%		10/12/21	GBP		21,000			27,704
	Liberty Living Finance plc	2.625%		11/28/24	GBP		2,000			2,526
	Libra Longhurst Group Treasury plc	5.125%		8/2/38	GBP		1,797			3,188
	Linde Finance BV	3.875%		6/1/21	EUR		400			455
	Linde Finance BV	5.875%		4/24/23	GBP		2,177			3,130
	Linde Finance BV	1.000%		4/20/28	EUR		500			576
1	Liverpool Victoria Friendly Society Ltd.	6.500%		5/22/43	GBP		600			802
	Lloyds Bank Corporate Markets plc	0.250%		10/4/22	EUR		8,000			8,564
	Lloyds Bank plc	0.625%		9/14/22	EUR		8,780			9,774
	Lloyds Bank plc	0.250%		3/25/24	EUR		8,000			8,839
	Lloyds Bank plc	7.500%		4/15/24	GBP		10,170			15,515
	Lloyds Bank plc	0.625%		3/26/25	EUR		500			564
	Lloyds Bank plc	7.625%		4/22/25	GBP		8,190			12,460
	Lloyds Bank plc	0.125%		6/18/26	EUR		10,000			10,970
	Lloyds Banking Group plc	0.750%		11/9/21	EUR		800			871
	Lloyds Banking Group plc	3.650%		3/20/23	AUD		1,800			1,193
	Lloyds Banking Group plc	0.650%		5/30/23	JPY		300,000			2,759
	Lloyds Banking Group plc	0.482%		12/14/23	JPY		1,800,000			16,395
1	Lloyds Banking Group plc	0.625%		1/15/24	EUR		2,800			3,003
	Lloyds Banking Group plc	2.250%		10/16/24	GBP		2,000			2,531
	Lloyds Banking Group plc	3.500%		2/3/25	CAD		2,600			1,900
	Lloyds Banking Group plc	4.000%		3/7/25	AUD		11,900			7,993
	Lloyds Banking Group plc	0.824%		5/30/25	JPY		1,600,000			14,928
1	Lloyds Banking Group plc	0.500%		11/12/25	EUR		10,500			10,991
	Lloyds Banking Group plc	4.250%		11/22/27	AUD		4,960			3,293
	London & Quadrant Housing Trust Ltd.	2.625%		5/5/26	GBP		2,000			2,625
	London & Quadrant Housing Trust Ltd.	2.625%		2/28/28	GBP		2,500			3,292
	London & Quadrant Housing Trust Ltd.	4.625%		12/5/33	GBP		500			808
	London & Quadrant Housing Trust Ltd.	5.500%		1/27/40	GBP		2,400			4,506
	London & Quadrant Housing Trust Ltd.	3.750%		10/27/49	GBP		3,800			6,148
	London & Quadrant Housing Trust Ltd.	3.125%		2/28/53	GBP		1,700			2,509
	London & Quadrant Housing Trust Ltd.	2.750%		7/20/57	GBP		2,000			2,721
	London Power Networks plc	5.125%		3/31/23	GBP		3,000			4,169
	London Stock Exchange Group plc	1.750%		12/6/27	EUR		9,300			10,404
	Manchester Airport Group Funding plc	4.125%		4/2/24	GBP		2,000			2,681
	Manchester Airport Group Funding plc	4.750%		3/31/34	GBP		2,000			3,085

115

Total International Bond Index Fund

						Face			Market
			Maturity			Amount			Value•
		Coupon		Date	Currency		(000	)		($000	)
	Manchester Airport Group Funding plc	2.875%		9/30/44	GBP		4,000			4,918
	Martlet Homes Ltd.	3.000%		5/9/52	GBP		3,400			5,116
	Metropolitan Funding plc	4.125%		4/5/48	GBP		2,000			3,273
	Mondi Finance plc	1.500%		4/15/24	EUR		11,550			12,725
	Morhomes plc	3.400%		2/19/38	GBP		1,800			2,569
	Motability Operations Group plc	5.375%		6/28/22	GBP		1,000			1,370
	Motability Operations Group plc	1.625%		6/9/23	EUR		500			569
	Motability Operations Group plc	0.375%		1/3/26	EUR		7,816			8,333
	Motability Operations Group plc	4.375%		2/8/27	GBP		8,600			12,893
	Motability Operations Group plc	1.750%		7/3/29	GBP		9,762			12,582
	Motability Operations Group plc	5.625%		11/29/30	GBP		2,000			3,527
	Motability Operations Group plc	2.375%		3/14/32	GBP		800			1,089
	Motability Operations Group plc	3.625%		3/10/36	GBP		500			794
	Motability Operations Group plc	2.375%		7/3/39	GBP		100			137
	Myriad Capital plc	4.750%		12/20/43	GBP		500			935
	National Express Group plc	2.500%		11/11/23	GBP		5,000			6,119
	National Grid Electricity Transmission plc	1.375%		9/16/26	GBP		4,200			5,290
	National Grid Electricity Transmission plc	2.000%		9/16/38	GBP		5,800			7,549
	Nationwide Building Society	2.250%		4/29/22	GBP		1,500			1,919
	Nationwide Building Society	0.750%		10/26/22	EUR		6,000			6,708
	Nationwide Building Society	1.250%		3/3/25	EUR		500			568
1	Nationwide Building Society	1.500%		3/8/26	EUR		14,900			16,541
	Nationwide Building Society	3.000%		5/6/26	GBP		17,980			24,186
	Nationwide Building Society	3.250%		1/20/28	GBP		1,313			1,807
1	Nationwide Building Society	2.000%		7/25/29	EUR		25,235			27,257
	NatWest Markets plc	1.000%		5/28/24	EUR		10,000			10,648
	NewRiver REIT plc	3.500%		3/7/28	GBP		1,800			2,087
	Next plc	5.375%		10/26/21	GBP		4,000			5,156
	Next plc	3.625%		5/18/28	GBP		7,000			8,358
	Northern Gas Networks Finance plc	4.875%		6/30/27	GBP		300			458
	Northern Gas Networks Finance plc	4.875%		11/15/35	GBP		3,800			6,660
	Northern Powergrid Holdings Co.	7.250%		12/15/22	GBP		1,060			1,542
	Northern Powergrid Yorkshire plc	5.125%		5/4/35	GBP		1,533			2,729
	Northern Powergrid Yorkshire plc	2.250%		10/9/59	GBP		500			672
	Northumbrian Water Finance plc	1.625%		10/11/26	GBP		6,900			8,742
	Northumbrian Water Finance plc	2.375%		10/5/27	GBP		400			532
	Northumbrian Water Finance plc	5.625%		4/29/33	GBP		2,495			4,512
	Northumbrian Water Finance plc	5.125%		1/23/42	GBP		750			1,460
	Notting Hill Housing Trust	3.750%		12/20/32	GBP		5,399			7,887
	Notting Hill Housing Trust	5.250%		7/7/42	GBP		1,500			2,759
	Notting Hill Housing Trust	3.250%		10/12/48	GBP		250			363
	Notting Hill Housing Trust	4.375%		2/20/54	GBP		5,000			9,085
	Orbit Capital plc	3.500%		3/24/45	GBP		3,967			6,090
	Paragon Treasury plc	3.625%		1/21/47	GBP		2,000			3,121
	Peabody Capital No. 2 plc	4.625%		12/12/53	GBP		150			298
	Peabody Capital plc	5.250%		3/17/43	GBP		5,650			10,873
	Pearson Funding Five plc	1.375%		5/6/25	EUR		600			656
	Penarian Housing Finance plc	3.212%		6/7/52	GBP		1,500			2,181
	Pension Insurance Corp. plc	8.000%		11/23/26	GBP		2,500			3,944
	Pension Insurance Corp. plc	5.625%		9/20/30	GBP		4,300			5,871
	Phoenix Group Holdings	4.125%		7/20/22	GBP		1,025			1,329
	Phoenix Group Holdings	6.625%		12/18/25	GBP		4,400			6,230
	Phoenix Group Holdings	4.375%		1/24/29	EUR		4,700			5,454

116

Total International Bond Index Fund

						Face			Market
			Maturity			Amount			Value•
		Coupon		Date	Currency		(000	)		($000	)
	Places For People Treasury plc	2.875%		8/17/26	GBP		10,300			13,466
	Porterbrook Rail Finance Ltd.	7.125%		10/20/26	GBP		3,000			4,718
	Principality Building Society	2.375%		11/23/23	GBP		1,000			1,265
	Provident Financial plc	7.000%		6/4/23	GBP		385			414
	Prudential plc	5.875%		5/11/29	GBP		1,111			1,829
	Prudential plc	6.125%		12/19/31	GBP		9,000			14,574
1	Prudential plc	5.560%		7/20/55	GBP		8,800			11,694
1	Prudential plc	6.340%		12/19/63	GBP		3,300			4,640
	Quadgas Finance plc	3.375%		9/17/29	GBP		4,700			6,091
	RELX Capital Inc.	1.300%		5/12/25	EUR		2,000			2,250
	Rentokil Initial plc	3.250%		10/7/21	EUR		150			168
	Rentokil Initial plc	0.950%		11/22/24	EUR		5,100			5,560
	Rio Tinto Finance plc	2.875%		12/11/24	EUR		300			353
1	RL Finance Bonds No. 2 plc	6.125%		11/30/43	GBP		500			694
	RL Finance Bonds No. 3 plc	6.125%		11/13/28	GBP		3,200			4,637
1	RL Finance Bonds No. 4 plc	4.875%		10/7/49	GBP		7,700			9,311
	Rolls-Royce plc	2.125%		6/18/21	EUR		1,500			1,623
	Rolls-Royce plc	0.875%		5/9/24	EUR		25,900			25,699
	Rolls-Royce plc	3.375%		6/18/26	GBP		2,500			3,026
	Rolls-Royce plc	1.625%		5/9/28	EUR		11,200			10,507
	Rothesay Life plc	3.375%		7/12/26	GBP		6,000			7,358
1	Royal Bank of Scotland Group plc	2.000%		3/8/23	EUR		1,000			1,100
	Royal Bank of Scotland Group plc	2.500%		3/22/23	EUR		15,700			17,556
1	Royal Bank of Scotland Group plc	1.750%		3/2/26	EUR		38,000			41,379
1	Royal Bank of Scotland Group plc	2.875%		9/19/26	GBP		2,200			2,815
1	Royal Bank of Scotland Group plc	3.125%		3/28/27	GBP		6,000			7,684
	Royal Mail plc	1.250%		10/8/26	EUR		5,000			5,140
1	RSA Insurance Group plc	5.125%		10/10/45	GBP		2,000			2,756
	RSL Finance No. 1 plc	6.625%		3/31/38	GBP		981			1,779
	Sanctuary Capital plc	6.697%		3/23/39	GBP		2,100			4,683
	Sanctuary Capital plc	5.000%		4/26/47	GBP		4,112			8,552
	Santander UK Group Holdings plc	1.125%		9/8/23	EUR		11,105			12,037
1	Santander UK Group Holdings plc	0.391%		2/28/25	EUR		1,500			1,561
	Santander UK Group Holdings plc	3.625%		1/14/26	GBP		375			503
1	Santander UK Group Holdings plc	2.920%		5/8/26	GBP		11,400			14,732
	Santander UK plc	1.125%		1/14/22	EUR		11,000			12,125
	Santander UK plc	0.100%		5/12/24	EUR		20,000			21,964
	Santander UK plc	0.500%		1/10/25	EUR		8,100			9,061
	Santander UK plc	1.125%		3/10/25	EUR		11,100			12,405
	Santander UK plc	3.875%		10/15/29	GBP		9,200			13,246
	Saxon Weald Capital plc	5.375%		6/6/42	GBP		796			1,419
	Scotland Gas Networks plc	3.250%		3/8/27	GBP		5,200			7,195
	Scotland Gas Networks plc	4.875%		12/21/34	GBP		1,000			1,743
	Scottish Hydro Electric Transmission plc	2.250%		9/27/35	GBP		500			652
	Scottish Widows Ltd.	5.500%		6/16/23	GBP		2,500			3,394
	Segro plc	2.375%		10/11/29	GBP		500			643
	Segro plc	2.875%		10/11/37	GBP		300			400
	Severn Trent Utilities Finance plc	1.125%		9/7/21	GBP		1,700			2,126
	Severn Trent Utilities Finance plc	3.625%		1/16/26	GBP		2,500			3,493
	Severn Trent Utilities Finance plc	2.750%		12/5/31	GBP		1,300			1,839
	Severn Trent Utilities Finance plc	4.875%		1/24/42	GBP		4,540			8,676
	Skipton Building Society	1.750%		6/30/22	GBP		1,630			2,043
	Sky Ltd.	1.500%		9/15/21	EUR		7,037			7,798

117

Total International Bond Index Fund

						Face			Market
			Maturity			Amount			Value•
		Coupon		Date	Currency		(000	)		($000	)
	Sky Ltd.	1.875%		11/24/23	EUR		5,500			6,312
	Sky Ltd.	2.250%		11/17/25	EUR		500			598
	Sky Ltd.	2.500%		9/15/26	EUR		26,700			32,648
	Sky Ltd.	6.000%		5/21/27	GBP		200			329
	Sky Ltd.	4.000%		11/26/29	GBP		4,800			7,372
	Smiths Group plc	2.000%		2/23/27	EUR		10,800			11,956
1	Society of Lloyd’s	4.875%		2/7/47	GBP		7,000			9,153
	South Eastern Power Networks plc	5.625%		9/30/30	GBP		2,550			4,382
	South Eastern Power Networks plc	6.375%		11/12/31	GBP		2,850			5,330
	Southern Electric Power Distribution plc	5.500%		6/7/32	GBP		206			359
	Southern Electric Power Distribution plc	4.625%		2/20/37	GBP		3,400			5,832
	Southern Gas Networks plc	2.500%		2/3/25	GBP		700			922
	Southern Gas Networks plc	6.375%		5/15/40	GBP		420			914
	Southern Housing Group Ltd.	3.500%		10/19/47	GBP		1,500			2,346
16	Southern Water Services Finance Ltd.	6.192%		3/31/29	GBP		3,000			5,130
16	Southern Water Services Finance Ltd.	4.500%		3/31/52	GBP		200			399
16	Southern Water Services Finance Ltd.	5.125%		9/30/56	GBP		100			227
	Sovereign Housing Capital plc	4.768%		6/1/43	GBP		289			558
	Sovereign Housing Capital plc	2.375%		11/4/48	GBP		800			1,109
	SPD Finance UK plc	5.875%		7/17/26	GBP		1,300			2,030
	SSE plc	2.375%		2/10/22	EUR		100			113
	SSE plc	5.875%		9/22/22	GBP		400			555
	SSE plc	0.875%		9/6/25	EUR		1,600			1,769
	SSE plc	8.375%		11/20/28	GBP		5,030			9,430
	SSE plc	6.250%		8/27/38	GBP		2,600			5,200
1	SSE plc	3.625%		9/16/77	GBP		100			124
	Stagecoach Group plc	4.000%		9/29/25	GBP		300			370
	Standard Chartered plc	1.625%		6/13/21	EUR		15,076			16,577
1	Standard Chartered plc	0.750%		10/3/23	EUR		8,000			8,621
	Standard Chartered plc	3.125%		11/19/24	EUR		500			567
1	Standard Chartered plc	1.625%		10/3/27	EUR		700			766
	Student Finance plc	2.666%		9/30/24	GBP		1,500			1,907
	Sunderlan SHG Finance plc	6.380%		3/31/42	GBP		267			484
	Swan Housing Capital plc	3.625%		3/5/48	GBP		4,364			6,435
	TC Dudgeon Ofto plc	3.158%		11/12/38	GBP		1,257			1,795
	Tesco Corporate Treasury Services plc	0.875%		5/29/26	EUR		10,100			10,665
	Tesco plc	5.125%		4/10/47	EUR		3,800			5,983
	Thames Water Utilities Cayman Finance Ltd.	2.875%		12/12/24	CAD		1,175			841
	Thames Water Utilities Cayman Finance Ltd.	4.000%		6/19/25	GBP		8,000			11,150
	Thames Water Utilities Cayman Finance Ltd.	3.500%		2/25/28	GBP		1,300			1,829
	Thames Water Utilities Cayman Finance Ltd.	2.625%		1/24/32	GBP		7,000			9,263
	Thames Water Utilities Cayman Finance Ltd.	4.375%		7/3/34	GBP		2,795			4,438
	Thames Water Utilities Cayman Finance Ltd.	5.500%		2/11/41	GBP		7,476			14,319
	Thames Water Utilities Cayman Finance Ltd.	4.625%		6/4/46	GBP		1,645			2,988
	Thames Water Utilities Cayman Finance Ltd.	7.738%		4/9/58	GBP		100			261

118

Total International Bond Index Fund

						Face			Market
			Maturity			Amount			Value•
		Coupon		Date	Currency		(000	)		($000	)
	Thames Water Utilities Finance plc	1.875%		1/24/24	GBP		1,500			1,896
	Thames Water Utilities Finance plc	6.750%		11/16/28	GBP		3,590			6,243
	Thames Water Utilities Finance plc	5.125%		9/28/37	GBP		1,407			2,496
	THFC Funding No. 2 plc	6.350%		7/8/39	GBP		2,100			4,422
	THFC Funding No. 3 plc	5.200%		10/11/43	GBP		4,900			9,689
	Together Housing Finance plc	4.500%		12/17/42	GBP		430			785
1	TSB Banking Group plc	5.750%		5/6/26	GBP		1,700			2,112
	Unilever NV	0.500%		2/3/22	EUR		200			221
	Unilever NV	0.375%		2/14/23	EUR		1,100			1,219
	Unilever NV	1.000%		6/3/23	EUR		100			113
	Unilever NV	0.500%		8/12/23	EUR		10,000			11,149
	Unilever NV	0.500%		1/6/25	EUR		100			113
	Unilever NV	1.125%		2/12/27	EUR		10,100			11,795
	Unilever NV	1.375%		7/31/29	EUR		5,300			6,382
	Unilever NV	1.375%		9/4/30	EUR		1,300			1,573
	Unilever plc	1.125%		2/3/22	GBP		1,200			1,520
	Unilever plc	1.500%		7/22/26	GBP		200			258
	Unilever plc	1.500%		6/11/39	EUR		5,200			6,352
	UNITE USAF II plc	3.921%		6/30/25	GBP		3,896			5,308
1	UNITE USAF II plc	3.374%		6/30/28	GBP		1,600			2,094
	United Utilities Water Finance plc	2.000%		2/14/25	GBP		3,000			3,896
	United Utilities Water Finance plc	2.625%		2/12/31	GBP		900			1,251
	United Utilities Water Finance plc	2.000%		7/3/33	GBP		2,000			2,614
	United Utilities Water Ltd.	5.750%		3/25/22	GBP		3,750			5,119
	United Utilities Water Ltd.	5.625%		12/20/27	GBP		6,810			11,122
	University of Cambridge	3.750%		10/17/52	GBP		900			1,965
	University of Cambridge	2.350%		6/27/78	GBP		1,850			3,815
	University of Liverpool	3.375%		6/25/55	GBP		300			606
	University of Manchester	4.250%		7/4/53	GBP		1,900			4,270
	University of Oxford	2.544%		12/8/17	GBP		7,000			13,617
	University of Southampton	2.250%		4/11/57	GBP		100			155
1	Virgin Money Holdings UK plc	3.375%		4/24/26	GBP		12,166			14,535
1	Virgin Money UK plc	4.000%		9/3/27	GBP		5,600			6,861
	Vodafone Group plc	1.250%		8/25/21	EUR		9,100			10,073
	Vodafone Group plc	4.650%		1/20/22	EUR		100			118
	Vodafone Group plc	3.250%		12/13/22	AUD		1,000			663
	Vodafone Group plc	1.750%		8/25/23	EUR		9,100			10,392
	Vodafone Group plc	0.500%		1/30/24	EUR		100			110
	Vodafone Group plc	1.875%		9/11/25	EUR		20,000			23,406
	Vodafone Group plc	1.125%		11/20/25	EUR		30,200			34,100
	Vodafone Group plc	5.625%		12/4/25	GBP		1,200			1,831
	Vodafone Group plc	2.200%		8/25/26	EUR		300			360
	Vodafone Group plc	0.900%		11/24/26	EUR		11,250			12,508
	Vodafone Group plc	1.500%		7/24/27	EUR		4,200			4,843
	Vodafone Group plc	4.200%		12/13/27	AUD		9,350			6,396
	Vodafone Group plc	1.625%		11/24/30	EUR		10,800			12,505
	Vodafone Group plc	1.600%		7/29/31	EUR		11,300			13,066
	Vodafone Group plc	5.900%		11/26/32	GBP		3,000			5,248
	Vodafone Group plc	2.875%		11/20/37	EUR		2,800			3,562
	Vodafone Group plc	2.500%		5/24/39	EUR		4,500			5,448
	Vodafone Group plc	3.375%		8/8/49	GBP		2,900			4,139
	Vodafone Group plc	3.000%		8/12/56	GBP		5,300			7,191
	Wales & West Utilities Finance plc	5.750%		3/29/30	GBP		5,000			8,714

119

Total International Bond Index Fund

						Face			Market
			Maturity			Amount			Value•
		Coupon		Date	Currency		(000	)		($000	)
	Wales & West Utilities Finance plc	3.000%		8/3/38	GBP		1,500			2,242
	Wellcome Trust Finance plc	4.750%		5/28/21	GBP		500			656
	Wellcome Trust Finance plc	4.000%		5/9/59	GBP		2,200			5,245
	Wellcome Trust Ltd.	2.517%		2/7/18	GBP		4,300			8,452
	Wessex Water Services Finance plc	4.000%		9/24/21	GBP		1,000			1,305
	Wessex Water Services Finance plc	5.375%		3/10/28	GBP		800			1,289
	Western Power Distribution East Midlands plc	5.250%		1/17/23	GBP		2,500			3,453
	Western Power Distribution South Wales plc	5.750%		3/23/40	GBP		850			1,685
	Western Power Distribution South West plc	5.875%		3/25/27	GBP		1,000			1,575
	Western Power Distribution South West plc	5.750%		3/23/40	GBP		1,750			3,483
	Western Power Distribution West Midlands plc	3.875%		10/17/24	GBP		3,700			5,058
	Western Power Distribution West Midlands plc	5.750%		4/16/32	GBP		5,600			9,739
	Wheatley Group Capital plc	4.375%		11/28/44	GBP		4,500			7,760
	WHG Treasury plc	4.250%		10/6/45	GBP		4,000			6,950
	Wm Morrison Supermarkets plc	4.625%		12/8/23	GBP		800			1,110
	Wm Morrison Supermarkets plc	3.500%		7/27/26	GBP		1,350			1,840
	Wm Morrison Supermarkets plc	4.750%		7/4/29	GBP		5,550			8,264
	WM Treasury 2 plc	3.250%		10/20/48	GBP		1,600			2,520
	Wods Transmission plc	3.446%		8/24/34	GBP		561			805
	WPP Finance 2013	2.875%		9/14/46	GBP		500			546
	WPP Finance 2016	1.375%		3/20/25	EUR		17,200			18,572
	WPP Finance Deutschland GmbH	1.625%		3/23/30	EUR		100			106
	WPP Finance SA	2.250%		9/22/26	EUR		300			336
	Yorkshire Building Society	1.250%		3/17/22	EUR		9,403			10,321
	Yorkshire Building Society	0.875%		3/20/23	EUR		5,500			5,961
	Yorkshire Building Society	3.500%		4/21/26	GBP		1,100			1,508
1	Yorkshire Building Society	3.375%		9/13/28	GBP		4,300			5,379
	Yorkshire Power Finance Ltd.	7.250%		8/4/28	GBP		200			356
	Yorkshire Water Finance plc	2.750%		4/18/41	GBP		3,100			4,483
	Yorkshire Water Services Finance Ltd.	3.625%		8/1/29	GBP		6,400			9,176
	Yorkshire Water Services Finance Ltd.	5.500%		5/28/37	GBP		1,100			2,183
	Yorkshire Water Services Finance Ltd.	6.375%		8/19/39	GBP		3,377			7,292
1	Yorkshire Water Services Finance Ltd.	3.750%		3/22/46	GBP		1,000			1,291
										3,076,660
Sovereign Bonds (5.2%)
	Affordable Housing Finance plc	3.800%		5/20/42	GBP		5,000			9,153
1	Affordable Housing Finance plc	2.893%		8/11/45	GBP		2,673			4,335
	LCR Finance plc	4.500%		12/7/28	GBP		7,500			12,471
	LCR Finance plc	4.500%		12/7/38	GBP		1,600			3,262
	LCR Finance plc	5.100%		3/7/51	GBP		6,700			17,793
	Merseylink Issuer plc	3.842%		3/31/43	GBP		300			551
	Network Rail Infrastructure Finance plc	2.750%		10/6/21	CHF		2,500			2,697
	Network Rail Infrastructure Finance plc	4.750%		1/22/24	GBP		7,000			10,203
	Network Rail Infrastructure Finance plc	4.375%		12/9/30	GBP		8,900			15,365
	Network Rail Infrastructure Finance plc	4.750%		11/29/35	GBP		4,200			8,284
	NIE Finance plc	2.500%		10/27/25	GBP		800			1,053
	PRS Finance plc	1.750%		11/24/26	GBP		19,826			26,431

120

Total International Bond Index Fund

						Face			Market
			Maturity			Amount			Value•
		Coupon		Date	Currency		(000	)		($000	)
	PRS Finance plc	2.000%		1/23/29	GBP		4,000			5,451
	Transport for London	2.250%		8/9/22	GBP		900			1,167
	Transport for London	2.125%		4/24/25	GBP		5,000			6,621
	Transport for London	3.875%		7/23/42	GBP		800			1,427
	Transport for London	3.625%		5/15/45	GBP		4,900			8,647
	Transport for London	4.000%		4/7/64	GBP		4,550			10,150
	United Kingdom	3.750%		9/7/20	GBP		22,027			28,101
	United Kingdom	1.500%		1/22/21	GBP		143,000			181,975
	United Kingdom	8.000%		6/7/21	GBP		26,000			35,598
	United Kingdom	3.750%		9/7/21	GBP		53,100			70,213
	United Kingdom	0.500%		7/22/22	GBP		272,391			346,741
	United Kingdom	1.750%		9/7/22	GBP		112,220			147,038
	United Kingdom	0.750%		7/22/23	GBP		222,150			286,070
	United Kingdom	2.250%		9/7/23	GBP		20,000			27,044
	United Kingdom	1.000%		4/22/24	GBP		250,532			327,214
	United Kingdom	5.000%		3/7/25	GBP		140,707			219,203
	United Kingdom	0.625%		6/7/25	GBP		29,281			37,868
	United Kingdom	1.500%		7/22/26	GBP		65,000			89,129
	United Kingdom	1.250%		7/22/27	GBP		155,500			211,962
	United Kingdom	4.250%		12/7/27	GBP		77,000			127,078
	United Kingdom	1.625%		10/22/28	GBP		53,495			75,879
	United Kingdom	0.875%		10/22/29	GBP		150,319			201,493
	United Kingdom	4.750%		12/7/30	GBP		80,874			149,983
	United Kingdom	4.250%		6/7/32	GBP		113,541			208,801
	United Kingdom	4.500%		9/7/34	GBP		104,225			205,800
	United Kingdom	4.250%		3/7/36	GBP		107,000			212,629
	United Kingdom	1.750%		9/7/37	GBP		264,300			400,796
	United Kingdom	4.750%		12/7/38	GBP		16,708			36,895
	United Kingdom	4.250%		9/7/39	GBP		67,796			143,673
	United Kingdom	4.250%		12/7/40	GBP		97,145			210,385
	United Kingdom	4.500%		12/7/42	GBP		95,100			219,598
	United Kingdom	3.250%		1/22/44	GBP		242,300			484,530
	United Kingdom	3.500%		1/22/45	GBP		91,920			193,314
	United Kingdom	4.250%		12/7/46	GBP		65,600			157,362
	United Kingdom	1.500%		7/22/47	GBP		118,300			183,990
	United Kingdom	1.750%		1/22/49	GBP		93,375			154,355
	United Kingdom	4.250%		12/7/49	GBP		72,600			183,280
	United Kingdom	3.750%		7/22/52	GBP		93,100			229,554
	United Kingdom	1.625%		10/22/54	GBP		102,542			173,901
	United Kingdom	4.250%		12/7/55	GBP		89,100			250,307
	United Kingdom	1.750%		7/22/57	GBP		36,791			66,619
	United Kingdom	4.000%		1/22/60	GBP		107,500			311,488
	United Kingdom	2.500%		7/22/65	GBP		92,200			215,483
	United Kingdom	3.500%		7/22/68	GBP		56,064			166,550
	United Kingdom	1.625%		10/22/71	GBP		99,659			201,560
	Urenco Finance NV	2.375%		12/2/24	EUR		4,000			4,579
										7,323,099
Total United Kingdom (Cost $10,126,888)										10,806,305
United States (3.1%)
Corporate Bonds (3.1%)
	3M Co.	1.875%		11/15/21	EUR		400			448
	3M Co.	0.375%		2/15/22	EUR		17,000			18,678
	3M Co.	0.950%		5/15/23	EUR		2,000			2,242

121

Total International Bond Index Fund

						Face			Market
			Maturity			Amount			Value•
		Coupon		Date	Currency		(000	)		($000	)
	3M Co.	1.500%		11/9/26	EUR		300			348
	3M Co.	1.750%		5/15/30	EUR		1,617			1,934
	Abbott Ireland Financing DAC	0.875%		9/27/23	EUR		22,600			25,206
	Abbott Ireland Financing DAC	1.500%		9/27/26	EUR		17,800			20,685
	Abbott Ireland Financing DAC	0.375%		11/19/27	EUR		10,000			10,821
	AbbVie Inc.	1.375%		5/17/24	EUR		12,000			13,602
	AbbVie Inc.	0.750%		11/18/27	EUR		5,000			5,545
	AbbVie Inc.	2.125%		11/17/28	EUR		19,900			24,358
	AbbVie Inc.	1.250%		11/18/31	EUR		2,400			2,760
	Air Lease Corp.	2.625%		12/5/24	CAD		1,400			837
	Air Products & Chemicals Inc.	1.000%		2/12/25	EUR		3,337			3,774
6	Air Products & Chemicals Inc.	0.500%		5/5/28	EUR		3,800			4,192
6	Air Products & Chemicals Inc.	0.800%		5/5/32	EUR		3,427			3,798
	Albemarle Corp.	1.875%		12/8/21	EUR		100			108
	Allergan Funding SCS	0.500%		6/1/21	EUR		4,800			5,244
	Allergan Funding SCS	1.500%		11/15/23	EUR		1,200			1,361
	Allergan Funding SCS	1.250%		6/1/24	EUR		10,000			11,206
	Allergan Funding SCS	2.625%		11/15/28	EUR		2,000			2,455
	Allergan Funding SCS	2.125%		6/1/29	EUR		8,400			9,934
	Altria Group Inc.	1.000%		2/15/23	EUR		2,400			2,639
	Altria Group Inc.	1.700%		6/15/25	EUR		3,100			3,466
	Altria Group Inc.	2.200%		6/15/27	EUR		12,550			14,268
	Altria Group Inc.	3.125%		6/15/31	EUR		19,100			22,412
	American Express Credit Corp.	0.625%		11/22/21	EUR		26,702			29,043
	American Honda Finance Corp.	1.300%		3/21/22	GBP		15,000			18,647
	American Honda Finance Corp.	1.950%		10/18/24	EUR		9,100			10,310
	American International Group Inc.	5.000%		4/26/23	GBP		3,400			4,665
	American International Group Inc.	1.500%		6/8/23	EUR		500			557
	American International Group Inc.	1.875%		6/21/27	EUR		5,300			5,905
	American Tower Corp.	1.375%		4/4/25	EUR		8,500			9,345
	American Tower Corp.	1.950%		5/22/26	EUR		17,900			20,110
	Amgen Inc.	1.250%		2/25/22	EUR		18,360			20,298
	Amgen Inc.	2.000%		2/25/26	EUR		2,600			3,034
	Amgen Inc.	5.500%		12/7/26	GBP		4,400			6,798
	Amgen Inc.	4.000%		9/13/29	GBP		4,500			6,600
	Aon plc	2.875%		5/14/26	EUR		3,400			4,042
	Apple Inc.	3.700%		8/28/22	AUD		7,250			5,007
	Apple Inc.	1.000%		11/10/22	EUR		4,050			4,558
	Apple Inc.	3.350%		1/10/24	AUD		750			521
	Apple Inc.	1.375%		1/17/24	EUR		10,100			11,672
	Apple Inc.	2.513%		8/19/24	CAD		13,382			10,044
	Apple Inc.	0.875%		5/24/25	EUR		12,000			13,763
	Apple Inc.	0.000%		11/15/25	EUR		6,900			7,588
	Apple Inc.	3.600%		6/10/26	AUD		1,890			1,341
	Apple Inc.	1.625%		11/10/26	EUR		4,139			5,007
	Apple Inc.	2.000%		9/17/27	EUR		7,080			8,817
	Apple Inc.	1.375%		5/24/29	EUR		3,900			4,714
	Apple Inc.	3.050%		7/31/29	GBP		9,500			14,033
	Apple Inc.	0.750%		2/25/30	CHF		5,500			5,898
	Apple Inc.	0.500%		11/15/31	EUR		6,700			7,497
	Apple Inc.	3.600%		7/31/42	GBP		7,000			12,320
	Archer-Daniels-Midland Co.	1.750%		6/23/23	EUR		10,000			11,332
	Archer-Daniels-Midland Co.	1.000%		9/12/25	EUR		15,600			17,233

122

Total International Bond Index Fund

						Face			Market
			Maturity			Amount			Value•
		Coupon		Date	Currency		(000	)		($000	)
	AT&T Inc.	2.650%		12/17/21	EUR		200			225
	AT&T Inc.	2.500%		3/15/23	EUR		2,100			2,412
	AT&T Inc.	2.750%		5/19/23	EUR		9,848			11,454
	AT&T Inc.	1.050%		9/5/23	EUR		2,100			2,315
	AT&T Inc.	1.300%		9/5/23	EUR		15,314			17,049
	AT&T Inc.	1.950%		9/15/23	EUR		800			905
	AT&T Inc.	3.450%		9/19/23	AUD		900			600
	AT&T Inc.	2.400%		3/15/24	EUR		9,000			10,438
	AT&T Inc.	1.375%		12/4/24	CHF		500			537
	AT&T Inc.	4.000%		11/25/25	CAD		10,600			8,215
	AT&T Inc.	3.500%		12/17/25	EUR		4,800			5,984
	AT&T Inc.	4.100%		1/19/26	AUD		650			443
	AT&T Inc.	1.800%		9/5/26	EUR		3,800			4,359
	AT&T Inc.	2.900%		12/4/26	GBP		3,200			4,246
	AT&T Inc.	4.600%		9/19/28	AUD		6,270			4,395
	AT&T Inc.	4.375%		9/14/29	GBP		5,488			7,980
	AT&T Inc.	0.800%		3/4/30	EUR		4,000			4,204
	AT&T Inc.	3.550%		12/17/32	EUR		9,962			13,186
	AT&T Inc.	5.200%		11/18/33	GBP		10,000			16,005
	AT&T Inc.	3.375%		3/15/34	EUR		2,800			3,681
	AT&T Inc.	2.450%		3/15/35	EUR		5,100			6,044
	AT&T Inc.	3.150%		9/4/36	EUR		21,100			26,964
	AT&T Inc.	7.000%		4/30/40	GBP		4,150			8,304
	AT&T Inc.	4.250%		6/1/43	GBP		5,267			7,916
	AT&T Inc.	4.850%		5/25/47	CAD		4,000			3,063
	AT&T Inc.	5.100%		11/25/48	CAD		4,100			3,262
	Bank of America Corp.	1.375%		9/10/21	EUR		10,000			11,050
	Bank of America Corp.	6.125%		9/15/21	GBP		7,400			9,882
	Bank of America Corp.	5.500%		11/22/21	GBP		1,800			2,377
	Bank of America Corp.	1.625%		9/14/22	EUR		5,000			5,587
1	Bank of America Corp.	2.604%		3/15/23	CAD		4,850			3,526
	Bank of America Corp.	0.750%		7/26/23	EUR		20,000			21,893
1	Bank of America Corp.	3.301%		4/24/24	CAD		9,525			7,078
	Bank of America Corp.	2.375%		6/19/24	EUR		7,000			8,161
1	Bank of America Corp.	1.379%		2/7/25	EUR		5,600			6,252
	Bank of America Corp.	1.375%		3/26/25	EUR		3,000			3,370
1	Bank of America Corp.	2.932%		4/25/25	CAD		4,698			3,433
	Bank of America Corp.	2.300%		7/25/25	GBP		4,000			5,113
1	Bank of America Corp.	3.407%		9/20/25	CAD		2,040			1,532
1	Bank of America Corp.	0.808%		5/9/26	EUR		20,000			21,735
	Bank of America Corp.	4.250%		12/10/26	GBP		4,423			6,304
1	Bank of America Corp.	1.776%		5/4/27	EUR		22,100			25,281
1	Bank of America Corp.	0.580%		8/8/29	EUR		9,000			9,373
	Baxter International Inc.	1.300%		5/30/25	EUR		14,555			16,405
	Baxter International Inc.	1.300%		5/15/29	EUR		7,300			8,089
	Becton Dickinson & Co.	1.000%		12/15/22	EUR		8,413			9,166
	Becton Dickinson & Co.	1.900%		12/15/26	EUR		11,818			13,072
	Becton Dickinson Euro Finance Sarl	0.174%		6/4/21	EUR		9,000			9,733
	Becton Dickinson Euro Finance Sarl	0.632%		6/4/23	EUR		10,400			11,168
	Becton Dickinson Euro Finance Sarl	1.208%		6/4/26	EUR		8,100			8,663
	Berkshire Hathaway Finance Corp.	2.375%		6/19/39	GBP		7,000			9,709
	Berkshire Hathaway Finance Corp.	2.625%		6/19/59	GBP		3,600			5,475
	Berkshire Hathaway Inc.	0.750%		3/16/23	EUR		1,000			1,109

123

Total International Bond Index Fund
					Face		Market
			Maturity		Amount		Value•
		Coupon	Date	Currency	(000	)	($000	)
	Berkshire Hathaway Inc.	1.300%	3/15/24	EUR	4,400		4,990
	Berkshire Hathaway Inc.	0.170%	9/13/24	JPY	1,500,000		13,959
	Berkshire Hathaway Inc.	1.125%	3/16/27	EUR	4,802		5,474
	Berkshire Hathaway Inc.	2.150%	3/15/28	EUR	16,300		19,937
	Berkshire Hathaway Inc.	0.440%	9/13/29	JPY	5,500,000		51,136
	Berkshire Hathaway Inc.	1.625%	3/16/35	EUR	6,000		7,093
	Berkshire Hathaway Inc.	1.108%	9/13/49	JPY	800,000		7,569
	BlackRock Inc.	1.250%	5/6/25	EUR	6,550		7,454
	Blackstone Holdings Finance Co. LLC	2.000%	5/19/25	EUR	100		113
	Blackstone Holdings Finance Co. LLC	1.000%	10/5/26	EUR	889		962
	Blackstone Holdings Finance Co. LLC	1.500%	4/10/29	EUR	2,987		3,310
	Booking Holdings Inc.	0.800%	3/10/22	EUR	9,398		10,028
	Booking Holdings Inc.	2.375%	9/23/24	EUR	4,000		4,430
	Booking Holdings Inc.	1.800%	3/3/27	EUR	10,138		10,673
	BorgWarner Inc.	1.800%	11/7/22	EUR	100		111
	Boston Scientific Corp.	0.625%	12/1/27	EUR	4,950		5,121
	Bristol-Myers Squibb Co.	1.000%	5/15/25	EUR	1,625		1,838
	Bristol-Myers Squibb Co.	1.750%	5/15/35	EUR	4,000		4,721
	Brookfield Property Finance ULC	4.346%	7/3/23	CAD	2,000		1,452
	Brookfield Property Finance ULC	4.300%	3/1/24	CAD	3,222		2,331
	Brookfield Property Finance ULC	3.930%	1/15/27	CAD	2,000		1,404
	Brown-Forman Corp.	1.200%	7/7/26	EUR	2,560		2,761
	Brown-Forman Corp.	2.600%	7/7/28	GBP	9,320		12,336
	Bunge Finance Europe BV	1.850%	6/16/23	EUR	15,570		17,057
	Carnival plc	1.000%	10/28/29	EUR	3,000		1,567
	Caterpillar Financial Services Ltd.	2.090%	9/12/22	CAD	3,800		2,749
	Celanese US Holdings LLC	2.125%	3/1/27	EUR	7,900		8,384
	Chubb INA Holdings Inc.	0.300%	12/15/24	EUR	1,900		2,026
	Chubb INA Holdings Inc.	1.550%	3/15/28	EUR	3,962		4,411
	Chubb INA Holdings Inc.	0.875%	12/15/29	EUR	6,400		6,734
	Chubb INA Holdings Inc.	1.400%	6/15/31	EUR	4,800		5,193
	Chubb INA Holdings Inc.	2.500%	3/15/38	EUR	12,574		14,985
	Citigroup Inc.	1.375%	10/27/21	EUR	10,000		11,070
	Citigroup Inc.	3.390%	11/18/21	CAD	4,970		3,661
	Citigroup Inc.	0.750%	10/26/23	EUR	500		547
	Citigroup Inc.	2.750%	1/24/24	GBP	11,500		14,853
	Citigroup Inc.	2.375%	5/22/24	EUR	2,000		2,319
	Citigroup Inc.	1.750%	1/28/25	EUR	5,300		6,030
	Citigroup Inc.	4.090%	6/9/25	CAD	3,100		2,346
	Citigroup Inc.	2.400%	10/31/25	JPY	5,780,000		58,391
1	Citigroup Inc.	1.500%	7/24/26	EUR	9,000		9,987
	Citigroup Inc.	2.125%	9/10/26	EUR	5,400		6,315
	Citigroup Inc.	1.750%	10/23/26	GBP	9,100		11,202
	Citigroup Inc.	2.800%	6/25/27	JPY	130,000		1,276
1	Citigroup Inc.	0.500%	10/8/27	EUR	13,000		13,525
	Citigroup Inc.	1.625%	3/21/28	EUR	3,000		3,458
	Citigroup Inc.	1.500%	10/26/28	EUR	1,000		1,129
	Citigroup Inc.	1.250%	4/10/29	EUR	3,000		3,310
	Citigroup Inc.	4.500%	3/3/31	GBP	1,000		1,389
	Citigroup Inc.	6.800%	6/25/38	GBP	400		811
	Citigroup Inc.	7.375%	9/1/39	GBP	600		1,281
	Coca-Cola Co.	1.125%	9/22/22	EUR	1,000		1,123
	Coca-Cola Co.	0.750%	3/9/23	EUR	5,500		6,143

124

Total International Bond Index Fund
					Face		Market
			Maturity		Amount		Value•
		Coupon	Date	Currency	(000	)	($000	)
	Coca-Cola Co.	0.500%	3/8/24	EUR	5,800		6,455
	Coca-Cola Co.	3.250%	6/11/24	AUD	1,670		1,162
	Coca-Cola Co.	0.750%	9/22/26	EUR	10,000		11,347
	Coca-Cola Co.	1.875%	9/22/26	EUR	2,959		3,591
	Coca-Cola Co.	1.125%	3/9/27	EUR	13,100		15,155
	Coca-Cola Co.	1.250%	3/8/31	EUR	15,100		17,745
	Coca-Cola Co.	1.625%	3/9/35	EUR	5,650		6,866
	Colgate-Palmolive Co.	0.000%	11/12/21	EUR	600		655
	Colgate-Palmolive Co.	0.500%	3/6/26	EUR	1,900		2,099
	Colgate-Palmolive Co.	1.375%	3/6/34	EUR	2,600		3,071
	Colgate-Palmolive Co.	0.875%	11/12/39	EUR	600		644	��
	Comcast Corp.	0.250%	5/20/27	EUR	10,600		11,293
	Comcast Corp.	1.500%	2/20/29	GBP	6,800		8,564
	Comcast Corp.	5.500%	11/23/29	GBP	4,000		6,798
	Comcast Corp.	0.750%	2/20/32	EUR	8,400		9,057
	Comcast Corp.	1.875%	2/20/36	GBP	7,400		9,437
	Comcast Corp.	1.250%	2/20/40	EUR	9,950		10,917
	Corning Inc.	0.992%	8/10/27	JPY	1,700,000		15,561
	CyrusOne LP / CyrusOne Finance Corp.	1.450%	1/22/27	EUR	7,900		7,786
	Danaher Corp.	2.500%	3/30/30	EUR	1,500		1,871
	DH Europe Finance II Sarl	0.200%	3/18/26	EUR	15,300		16,331
	DH Europe Finance II Sarl	0.450%	3/18/28	EUR	3,300		3,502
	DH Europe Finance II Sarl	0.750%	9/18/31	EUR	7,500		7,996
	DH Europe Finance II Sarl	1.350%	9/18/39	EUR	10,800		11,673
	DH Europe Finance II Sarl	1.800%	9/18/49	EUR	2,000		2,262
	DH Europe Finance SA	1.700%	1/4/22	EUR	26,000		28,999
	Digital Euro Finco LLC	2.625%	4/15/24	EUR	5,100		5,852
	Digital Euro Finco LLC	1.125%	4/9/28	EUR	16,000		16,710
	Digital Stout Holding LLC	4.750%	10/13/23	GBP	1,000		1,361
	Digital Stout Holding LLC	4.250%	1/17/25	GBP	2,200		3,015
	Digital Stout Holding LLC	3.300%	7/19/29	GBP	2,500		3,203
	Digital Stout Holding LLC	3.750%	10/17/30	GBP	4,000		5,287
	Discovery Communications LLC	2.375%	3/7/22	EUR	1,000		1,109
	Discovery Communications LLC	2.500%	9/20/24	GBP	7,500		9,407
	Discovery Communications LLC	1.900%	3/19/27	EUR	13,742		15,189
	Dover Corp.	1.250%	11/9/26	EUR	19,700		21,590
	Dow Chemical Co.	0.500%	3/15/27	EUR	17,900		18,426
	Dow Chemical Co.	1.875%	3/15/40	EUR	3,700		3,629
	DXC Technology Co.	2.750%	1/15/25	GBP	10,000		12,182
	DXC Technology Co.	1.750%	1/15/26	EUR	3,700		3,810
	Eastman Chemical Co.	1.500%	5/26/23	EUR	10,000		11,117
	Eastman Chemical Co.	1.875%	11/23/26	EUR	10,700		11,954
	Ecolab Inc.	1.000%	1/15/24	EUR	7,620		8,410
	Eli Lilly & Co.	1.000%	6/2/22	EUR	13,800		15,330
	Eli Lilly & Co.	2.125%	6/3/30	EUR	8,100		10,077
	Eli Lilly & Co.	1.700%	11/1/49	EUR	6,200		7,113
	Emerson Electric Co.	0.375%	5/22/24	EUR	2,050		2,226
	Emerson Electric Co.	1.250%	10/15/25	EUR	2,000		2,232
	Emerson Electric Co.	2.000%	10/15/29	EUR	2,000		2,376
	Equinix Inc.	2.875%	2/1/26	EUR	12,350		13,638
	Euronet Worldwide Inc.	1.375%	5/22/26	EUR	6,300		6,500
	Expedia Group Inc.	2.500%	6/3/22	EUR	1,450		1,526
	FedEx Corp.	1.000%	1/11/23	EUR	700		759

125

Total International Bond Index Fund
					Face		Market
			Maturity		Amount		Value•
		Coupon	Date	Currency	(000	)	($000	)
	FedEx Corp.	1.625%	1/11/27	EUR	7,000		7,533
	FedEx Corp.	1.300%	8/5/31	EUR	2,300		2,277
	Fidelity National Information Services Inc.	0.125%	5/21/21	EUR	1,040		1,131
	Fidelity National Information Services Inc.	0.125%	12/3/22	EUR	1,500		1,622
	Fidelity National Information Services Inc.	0.750%	5/21/23	EUR	5,215		5,726
	Fidelity National Information Services Inc.	2.602%	5/21/25	GBP	2,867		3,720
	Fidelity National Information Services Inc.	1.500%	5/21/27	EUR	12,025		13,577
	Fidelity National Information Services Inc.	1.000%	12/3/28	EUR	10,200		11,045
	Fidelity National Information Services Inc.	2.250%	12/3/29	GBP	2,100		2,676
	Fidelity National Information Services Inc.	2.000%	5/21/30	EUR	3,320		3,864
	Fidelity National Information Services Inc.	3.360%	5/21/31	GBP	2,261		3,163
	Fidelity National Information Services Inc.	2.950%	5/21/39	EUR	5,420		6,817
	Fiserv Inc.	0.375%	7/1/23	EUR	1,000		1,081
	Fiserv Inc.	2.250%	7/1/25	GBP	2,100		2,683
	Fiserv Inc.	1.125%	7/1/27	EUR	900		984
	Fiserv Inc.	1.625%	7/1/30	EUR	1,900		2,098
	Flowserve Corp.	1.250%	3/17/22	EUR	3,700		3,944
	Fluor Corp.	1.750%	3/21/23	EUR	7,450		5,524
	GE Capital Australia Funding Pty Ltd.	5.500%	8/8/22	AUD	500		345
	GE Capital Canada Funding Co.	4.600%	1/26/22	CAD	5,411		4,011
	GE Capital Canada Funding Co.	5.730%	10/22/37	CAD	1,500		1,116
	GE Capital European Funding Unlimited Co.	4.350%	11/3/21	EUR	100		114
	GE Capital European Funding Unlimited Co.	2.625%	3/15/23	EUR	17,050		19,325
	GE Capital European Funding Unlimited Co.	4.625%	2/22/27	EUR	2,900		3,666
	GE Capital European Funding Unlimited Co.	6.025%	3/1/38	EUR	5,500		7,999
	GE Capital UK Funding Unlimited Co.	4.125%	9/13/23	GBP	6,761		8,879
	GE Capital UK Funding Unlimited Co.	5.875%	1/18/33	GBP	4,538		7,061
	GE Capital UK Funding Unlimited Co.	6.250%	5/5/38	GBP	2,934		4,907
	GE Capital UK Funding Unlimited Co.	8.000%	1/14/39	GBP	1,000		1,926
	General Electric Co.	5.500%	6/7/21	GBP	3,100		4,030
	General Electric Co.	0.875%	5/17/25	EUR	13,050		13,593
	General Electric Co.	1.500%	5/17/29	EUR	6,100		6,306
	General Electric Co.	4.125%	9/19/35	EUR	5,300		6,692
	General Electric Co.	2.125%	5/17/37	EUR	5,400		5,395
	General Electric Co.	4.875%	9/18/37	GBP	7,236		9,396
	General Mills Inc.	1.000%	4/27/23	EUR	14,000		15,452
	General Mills Inc.	0.450%	1/15/26	EUR	3,300		3,509
	General Mills Inc.	1.500%	4/27/27	EUR	2,000		2,228
	General Motors Financial Co. Inc.	3.850%	2/21/23	AUD	3,450		2,160
	General Motors Financial Co. Inc.	2.200%	4/1/24	EUR	5,946		5,899
	General Motors Financial Co. Inc.	2.250%	9/6/24	GBP	900		1,031
	General Motors Financial of Canada Ltd.	2.600%	6/1/22	CAD	4,990		3,359
	Goldman Sachs Group Inc.	1.000%	5/24/21	JPY	445,000		4,145
	Goldman Sachs Group Inc.	4.700%	9/8/21	AUD	1,300		877
	Goldman Sachs Group Inc.	0.550%	9/9/21	CHF	6,150		6,366
	Goldman Sachs Group Inc.	4.750%	10/12/21	EUR	1,100		1,256
	Goldman Sachs Group Inc.	5.500%	10/12/21	GBP	1,500		1,969
	Goldman Sachs Group Inc.	1.375%	7/26/22	EUR	10,900		12,088
	Goldman Sachs Group Inc.	3.250%	2/1/23	EUR	13,800		16,036
1	Goldman Sachs Group Inc.	2.433%	4/26/23	CAD	10,200		7,368
	Goldman Sachs Group Inc.	2.000%	7/27/23	EUR	12,266		13,846
	Goldman Sachs Group Inc.	1.375%	5/15/24	EUR	23,800		26,280
	Goldman Sachs Group Inc.	2.125%	9/30/24	EUR	9,139		10,419

126

Total International Bond Index Fund
					Face		Market
			Maturity		Amount		Value•
		Coupon	Date	Currency	(000	)	($000	)
	Goldman Sachs Group Inc.	1.250%	5/1/25	EUR	12,940		14,209
	Goldman Sachs Group Inc.	7.125%	8/7/25	GBP	3,734		5,831
1	Goldman Sachs Group Inc.	3.307%	10/31/25	CAD	790		587
	Goldman Sachs Group Inc.	4.250%	1/29/26	GBP	18,000		25,041
	Goldman Sachs Group Inc.	2.875%	6/3/26	EUR	5,000		5,982
	Goldman Sachs Group Inc.	1.625%	7/27/26	EUR	2,713		3,040
	Goldman Sachs Group Inc.	2.000%	3/22/28	EUR	7,100		8,153
	Goldman Sachs Group Inc.	7.250%	4/10/28	GBP	700		1,185
	Goldman Sachs Group Inc.	2.000%	11/1/28	EUR	10,200		11,723
	Goldman Sachs Group Inc.	3.125%	7/25/29	GBP	7,000		9,378
	Harman Finance International SCA	2.000%	5/27/22	EUR	8,500		9,434
	HCN Canadian Holdings-1 LP	2.950%	1/15/27	CAD	1,800		1,244
	Honeywell International Inc.	1.300%	2/22/23	EUR	8,300		9,294
	Honeywell International Inc.	2.250%	2/22/28	EUR	5,690		6,932
	Illinois Tool Works Inc.	1.750%	5/20/22	EUR	7,900		8,861
	Illinois Tool Works Inc.	1.250%	5/22/23	EUR	3,100		3,489
	Illinois Tool Works Inc.	0.250%	12/5/24	EUR	4,400		4,758
	Illinois Tool Works Inc.	0.625%	12/5/27	EUR	5,500		5,929
	Illinois Tool Works Inc.	2.125%	5/22/30	EUR	11,700		14,054
	Illinois Tool Works Inc.	1.000%	6/5/31	EUR	6,200		6,740
	Intel Corp.	4.000%	12/1/22	AUD	7,070		4,903
	International Business Machines Corp.	0.500%	9/7/21	EUR	4,000		4,389
	International Business Machines Corp.	2.625%	8/5/22	GBP	500		652
	International Business Machines Corp.	0.375%	1/31/23	EUR	9,700		10,636
	International Business Machines Corp.	0.875%	1/31/25	EUR	3,000		3,360
	International Business Machines Corp.	0.950%	5/23/25	EUR	18,400		20,705
	International Business Machines Corp.	2.875%	11/7/25	EUR	4,100		5,074
	International Business Machines Corp.	1.250%	1/29/27	EUR	8,600		9,846
	International Business Machines Corp.	0.300%	2/11/28	EUR	7,500		8,018
	International Business Machines Corp.	1.750%	1/31/31	EUR	9,400		11,300
	International Business Machines Corp.	1.200%	2/11/40	EUR	5,400		5,900
	International Flavors & Fragrances Inc.	0.500%	9/25/21	EUR	1,800		1,957
	International Flavors & Fragrances Inc.	1.750%	3/14/24	EUR	7,130		7,828
	International Flavors & Fragrances Inc.	1.800%	9/25/26	EUR	6,000		6,252
	John Deere Canada Funding Inc.	2.630%	9/21/22	CAD	9,800		7,183
	John Deere Cash Management SA	0.500%	9/15/23	EUR	2,200		2,407
	John Deere Cash Management SA	1.650%	6/13/39	EUR	5,000		5,714
	John Deere Financial Inc.	2.580%	10/16/26	CAD	1,900		1,411
	Johnson & Johnson	0.250%	1/20/22	EUR	2,700		2,981
	Johnson & Johnson	0.650%	5/20/24	EUR	10,200		11,519
	Johnson & Johnson	1.150%	11/20/28	EUR	1,200		1,420
	Johnson & Johnson	1.650%	5/20/35	EUR	150		189
	Johnson Controls International plc	0.000%	12/4/20	EUR	3,300		3,604
	Johnson Controls International plc	1.000%	9/15/23	EUR	3,001		3,272
	Johnson Controls International plc	1.375%	2/25/25	EUR	15,965		17,303
	JPMorgan Chase & Co.	1.375%	9/16/21	EUR	5,350		5,928
	JPMorgan Chase & Co.	2.750%	2/1/23	EUR	3,000		3,476
	JPMorgan Chase & Co.	0.500%	12/4/23	CHF	42,600		44,223
	JPMorgan Chase & Co.	0.625%	1/25/24	EUR	9,400		10,282
	JPMorgan Chase & Co.	1.500%	1/27/25	EUR	8,000		9,063
	JPMorgan Chase & Co.	3.000%	2/19/26	EUR	5,600		6,884
	JPMorgan Chase & Co.	3.500%	12/18/26	GBP	5,000		6,902
1	JPMorgan Chase & Co.	1.090%	3/11/27	EUR	61,300		67,312

127

Total International Bond Index Fund
					Face		Market
			Maturity		Amount		Value•
		Coupon	Date	Currency	(000	)	($000	)
1	JPMorgan Chase & Co.	0.389%	2/24/28	EUR	19,104		20,056
1	JPMorgan Chase & Co.	1.638%	5/18/28	EUR	4,163		4,716
1	JPMorgan Chase & Co.	1.001%	7/25/31	EUR	3,000		3,212
	Kellogg Co.	1.250%	3/10/25	EUR	5,100		5,658
	Kinder Morgan Inc.	1.500%	3/16/22	EUR	7,400		8,056
	Kinder Morgan Inc.	2.250%	3/16/27	EUR	7,267		7,905
2	KKR Group Finance Co. V LLC	1.625%	5/22/29	EUR	3,000		3,226
	KKR Group Finance Co. V LLC	1.625%	5/22/29	EUR	10,000		10,753
	Liberty Mutual Group Inc.	2.750%	5/4/26	EUR	14,000		15,980
	LYB International Finance II BV	1.875%	3/2/22	EUR	15,500		17,107
	LYB International Finance II BV	0.875%	9/17/26	EUR	9,000		9,137
	ManpowerGroup Inc.	1.875%	9/11/22	EUR	100		113
	ManpowerGroup Inc.	1.750%	6/22/26	EUR	350		392
	Mastercard Inc.	1.100%	12/1/22	EUR	12,850		14,333
	Mastercard Inc.	2.100%	12/1/27	EUR	8,140		9,996
	McDonald’s Corp.	1.125%	5/26/22	EUR	200		221
	McDonald’s Corp.	2.000%	6/1/23	EUR	1,500		1,721
	McDonald’s Corp.	1.000%	11/15/23	EUR	17,000		18,931
	McDonald’s Corp.	0.625%	1/29/24	EUR	12,600		13,814
	McDonald’s Corp.	3.000%	3/8/24	AUD	21,700		14,415
	McDonald’s Corp.	2.375%	11/27/24	EUR	100		118
	McDonald’s Corp.	3.125%	3/4/25	CAD	10,000		7,552
	McDonald’s Corp.	0.900%	6/15/26	EUR	100		109
	McDonald’s Corp.	1.875%	5/26/27	EUR	100		116
	McDonald’s Corp.	1.750%	5/3/28	EUR	16,300		18,857
	McDonald’s Corp.	2.625%	6/11/29	EUR	100		121
	McDonald’s Corp.	1.500%	11/28/29	EUR	1,700		1,914
	McDonald’s Corp.	4.125%	6/11/54	GBP	1,400		2,477
	McKesson Corp.	0.625%	8/17/21	EUR	4,250		4,623
	McKesson Corp.	1.500%	11/17/25	EUR	12,600		13,975
	McKesson Corp.	1.625%	10/30/26	EUR	10,200		11,246
	McKesson Corp.	3.125%	2/17/29	GBP	909		1,143
	Medtronic Global Holdings SCA	0.375%	3/7/23	EUR	3,700		4,068
	Medtronic Global Holdings SCA	0.250%	7/2/25	EUR	2,900		3,170
	Medtronic Global Holdings SCA	1.125%	3/7/27	EUR	3,100		3,556
	Medtronic Global Holdings SCA	1.625%	3/7/31	EUR	8,100		9,738
	Medtronic Global Holdings SCA	1.000%	7/2/31	EUR	2,800		3,172
	Medtronic Global Holdings SCA	2.250%	3/7/39	EUR	3,100		3,969
	Medtronic Global Holdings SCA	1.500%	7/2/39	EUR	10,000		11,439
	Medtronic Global Holdings SCA	1.750%	7/2/49	EUR	15,300		17,335
	Merck & Co. Inc.	1.125%	10/15/21	EUR	7,600		8,408
	Merck & Co. Inc.	0.500%	11/2/24	EUR	9,920		11,007
	Merck & Co. Inc.	1.875%	10/15/26	EUR	3,300		3,961
	Merck & Co. Inc.	2.500%	10/15/34	EUR	5,260		7,088
	Merck & Co. Inc.	1.375%	11/2/36	EUR	2,400		2,853
	MetLife Inc.	5.375%	12/9/24	GBP	4,350		6,295
	MetLife Inc.	0.769%	5/23/29	JPY	1,400,000		13,197
	Metropolitan Life Global Funding I	1.125%	12/15/21	GBP	233		291
	Metropolitan Life Global Funding I	0.875%	1/20/22	EUR	10,000		11,024
	Metropolitan Life Global Funding I	1.625%	6/9/22	GBP	3,000		3,786
	Metropolitan Life Global Funding I	1.000%	9/19/22	CHF	3,000		3,155
	Metropolitan Life Global Funding I	2.625%	12/5/22	GBP	2,150		2,779
	Metropolitan Life Global Funding I	2.375%	1/11/23	EUR	600		687

128

Total International Bond Index Fund
					Face		Market
			Maturity		Amount		Value•
		Coupon	Date	Currency	(000	)	($000	)
	Metropolitan Life Global Funding I	0.375%	4/9/24	EUR	5,000		5,357
	Metropolitan Life Global Funding I	4.000%	7/13/27	AUD	2,700		1,834
	Microsoft Corp.	2.125%	12/6/21	EUR	2,100		2,368
	Microsoft Corp.	3.125%	12/6/28	EUR	11,200		15,181
	Microsoft Corp.	2.625%	5/2/33	EUR	4,000		5,528
	Mohawk Industries Inc.	2.000%	1/14/22	EUR	8,100		8,683
	Molson Coors Brewing Co.	1.250%	7/15/24	EUR	13,800		14,705
	Molson Coors International LP	2.840%	7/15/23	CAD	5,000		3,548
	Molson Coors International LP	3.440%	7/15/26	CAD	2,850		2,027
	Mondelez International Inc.	1.000%	3/7/22	EUR	2,150		2,372
	Mondelez International Inc.	1.625%	1/20/23	EUR	5,800		6,526
	Mondelez International Inc.	3.250%	3/7/25	CAD	3,216		2,419
	Mondelez International Inc.	1.625%	3/8/27	EUR	11,865		13,427
	Mondelez International Inc.	2.375%	3/6/35	EUR	1,162		1,360
	Moody’s Corp.	1.750%	3/9/27	EUR	3,010		3,473
	Moody’s Corp.	0.950%	2/25/30	EUR	6,000		6,378
	Morgan Stanley	3.125%	8/5/21	CAD	9,500		6,947
	Morgan Stanley	1.000%	12/2/22	EUR	29,290		32,232
	Morgan Stanley	1.875%	3/30/23	EUR	3,000		3,390
	Morgan Stanley	3.000%	2/7/24	CAD	9,990		7,400
	Morgan Stanley	1.750%	3/11/24	EUR	11,150		12,662
1	Morgan Stanley	0.637%	7/26/24	EUR	20,200		21,899
	Morgan Stanley	1.750%	1/30/25	EUR	12,300		13,991
1	Morgan Stanley	1.342%	10/23/26	EUR	13,500		14,999
	Morgan Stanley	1.375%	10/27/26	EUR	5,000		5,596
	Morgan Stanley	2.625%	3/9/27	GBP	8,738		11,322
	Morgan Stanley	1.875%	4/27/27	EUR	5,954		6,890
	Mylan NV	3.125%	11/22/28	EUR	1,180		1,402
	Nasdaq Inc.	1.750%	3/28/29	EUR	9,500		10,675
	Nasdaq Inc.	0.875%	2/13/30	EUR	2,200		2,288
	National Grid North America Inc.	0.750%	2/11/22	EUR	10,800		11,853
	National Grid North America Inc.	0.750%	8/8/23	EUR	500		550
	National Grid North America Inc.	1.000%	7/12/24	EUR	500		555
	New York Life Global Funding	0.375%	2/2/22	CHF	3,000		3,127
	New York Life Global Funding	0.250%	1/23/27	EUR	6,000		6,470
	NextEra Energy Capital Holdings Inc.	2.200%	12/2/26	AUD	4,500		3,027
	Omnicom Finance Holdings plc	0.800%	7/8/27	EUR	3,800		3,965
	Omnicom Finance Holdings plc	1.400%	7/8/31	EUR	4,500		4,647
	Oracle Corp.	3.125%	7/10/25	EUR	1,000		1,252
	Parker-Hannifin Corp.	1.125%	3/1/25	EUR	4,500		4,941
	Parker-Hannifin Corp.	1.125%	3/1/25	EUR	10,000		10,980
	PartnerRe Ireland Finance DAC	1.250%	9/15/26	EUR	6,859		7,487
	PepsiCo Inc.	2.500%	11/1/22	GBP	500		653
6	PepsiCo Inc.	0.250%	5/6/24	EUR	6,300		6,934
	PepsiCo Inc.	2.150%	5/6/24	CAD	3,200		2,364
	PepsiCo Inc.	0.750%	3/18/27	EUR	2,000		2,246
6	PepsiCo Inc.	0.500%	5/6/28	EUR	11,800		12,978
	PepsiCo Inc.	0.875%	7/18/28	EUR	3,600		4,063
	PepsiCo Inc.	1.125%	3/18/31	EUR	1,900		2,158
	PepsiCo Inc.	0.875%	10/16/39	EUR	9,900		10,537
	PerkinElmer Inc.	1.875%	7/19/26	EUR	4,600		5,085
	Pfizer Inc.	0.250%	3/6/22	EUR	12,700		13,962
	Pfizer Inc.	1.000%	3/6/27	EUR	3,400		3,861

129

Total International Bond Index Fund
					Face		Market
			Maturity		Amount		Value•
		Coupon	Date	Currency	(000	)	($000	)
	Pfizer Inc.	2.735%	6/15/43	GBP	1,841		2,741
	Philip Morris International Inc.	0.625%	11/8/24	EUR	1,000		1,076
	Philip Morris International Inc.	2.875%	3/3/26	EUR	1,500		1,788
	Philip Morris International Inc.	2.875%	5/14/29	EUR	2,500		3,018
	Philip Morris International Inc.	0.800%	8/1/31	EUR	9,300		9,333
	Philip Morris International Inc.	3.125%	6/3/33	EUR	1,000		1,223
	Philip Morris International Inc.	2.000%	5/9/36	EUR	8,000		8,651
	Philip Morris International Inc.	1.875%	11/6/37	EUR	5,400		5,677
	Philip Morris International Inc.	1.450%	8/1/39	EUR	6,200		6,067
	PPG Industries Inc.	0.875%	3/13/22	EUR	2,500		2,744
	PPG Industries Inc.	0.875%	11/3/25	EUR	2,600		2,855
	PPG Industries Inc.	1.400%	3/13/27	EUR	300		331
	Praxair Inc.	1.200%	2/12/24	EUR	8,000		9,090
	Praxair Inc.	1.625%	12/1/25	EUR	20,550		23,926
	Procter & Gamble Co.	2.000%	11/5/21	EUR	4,000		4,496
	Procter & Gamble Co.	2.000%	8/16/22	EUR	1,730		1,977
	Procter & Gamble Co.	1.125%	11/2/23	EUR	11,620		13,210
	Procter & Gamble Co.	0.500%	10/25/24	EUR	3,000		3,352
	Procter & Gamble Co.	0.625%	10/30/24	EUR	4,100		4,605
	Procter & Gamble Co.	1.375%	5/3/25	GBP	9,800		12,623
	Procter & Gamble Co.	1.200%	10/30/28	EUR	4,700		5,561
	Procter & Gamble Co.	1.800%	5/3/29	GBP	12,625		16,848
	Procter & Gamble Co.	1.250%	10/25/29	EUR	7,000		8,204
	Procter & Gamble Co.	1.875%	10/30/38	EUR	2,400		3,108
	Prologis Euro Finance LLC	0.250%	9/10/27	EUR	17,000		17,672
	Prologis Euro Finance LLC	0.375%	2/6/28	EUR	7,000		7,244
	Prologis Euro Finance LLC	1.875%	1/5/29	EUR	1,060		1,218
	Prologis Euro Finance LLC	0.625%	9/10/31	EUR	6,050		6,119
	Prologis Euro Finance LLC	1.000%	2/6/35	EUR	3,300		3,422
	Prologis Euro Finance LLC	1.500%	9/10/49	EUR	2,600		2,652
	Prologis International Funding II SA	1.750%	3/15/28	EUR	500		556
	Prologis LP	3.375%	2/20/24	EUR	1,500		1,792
	Prologis LP	3.000%	6/2/26	EUR	1,600		1,967
	Prologis LP	2.250%	6/30/29	GBP	4,318		5,459
	Public Storage	0.875%	1/24/32	EUR	6,700		6,966
	Schlumberger Finance BV	0.250%	10/15/27	EUR	5,000		5,045
	Schlumberger Finance BV	0.250%	10/15/27	EUR	5,000		5,045
	Schlumberger Finance BV	0.500%	10/15/31	EUR	10,000		9,693
	Schlumberger Finance France SAS	1.000%	2/18/26	EUR	3,400		3,703
	Southern Power Co.	1.000%	6/20/22	EUR	26,400		29,129
	Southern Power Co.	1.850%	6/20/26	EUR	700		796
	Stryker Corp.	1.125%	11/30/23	EUR	2,300		2,573
	Stryker Corp.	0.250%	12/3/24	EUR	3,800		4,096
	Stryker Corp.	2.125%	11/30/27	EUR	1,900		2,258
	Stryker Corp.	2.625%	11/30/30	EUR	2,100		2,614
	Stryker Corp.	1.000%	12/3/31	EUR	11,000		11,733
	Sysco Canada Inc.	3.650%	4/25/25	CAD	2,560		1,793
	Thermo Fisher Scientific Inc.	2.150%	7/21/22	EUR	800		904
	Thermo Fisher Scientific Inc.	0.750%	9/12/24	EUR	4,680		5,160
	Thermo Fisher Scientific Inc.	0.125%	3/1/25	EUR	6,400		6,833
	Thermo Fisher Scientific Inc.	2.000%	4/15/25	EUR	6,000		6,965
	Thermo Fisher Scientific Inc.	1.400%	1/23/26	EUR	16,452		18,603
	Thermo Fisher Scientific Inc.	1.750%	4/15/27	EUR	3,000		3,495

130

Total International Bond Index Fund
					Face		Market
			Maturity		Amount		Value•
		Coupon	Date	Currency	(000	)	($000	)
	Thermo Fisher Scientific Inc.	0.500%	3/1/28	EUR	3,100		3,303
	Thermo Fisher Scientific Inc.	1.375%	9/12/28	EUR	1,000		1,139
	Thermo Fisher Scientific Inc.	2.875%	7/24/37	EUR	6,622		8,695
	Thermo Fisher Scientific Inc.	1.500%	10/1/39	EUR	9,000		9,771
	Thermo Fisher Scientific Inc.	1.875%	10/1/49	EUR	10,900		12,026
	Time Warner Cable Inc.	5.750%	6/2/31	GBP	200		306
	Time Warner Cable LLC	5.250%	7/15/42	GBP	5,900		8,974
	Toyota Motor Credit Corp.	2.750%	7/26/21	AUD	1,450		954
	Toyota Motor Credit Corp.	0.750%	7/21/22	EUR	1,600		1,754
	Toyota Motor Credit Corp.	1.000%	9/27/22	GBP	6,900		8,531
	Toyota Motor Credit Corp.	0.625%	11/21/24	EUR	200		217
	Trillium Windpower LP	5.803%	2/15/33	CAD	1,201		1,054
	Trinity Acquisition plc	2.125%	5/26/22	EUR	6,026		6,634
	Tyco Electronics Group SA	1.100%	3/1/23	EUR	3,727		4,157
	United Parcel Service Inc.	0.375%	11/15/23	EUR	7,400		8,050
	United Parcel Service Inc.	2.125%	5/21/24	CAD	7,000		5,104
	United Parcel Service Inc.	1.625%	11/15/25	EUR	11,900		13,602
	United Parcel Service Inc.	1.500%	11/15/32	EUR	3,300		3,717
	United Parcel Service Inc.	5.125%	2/12/50	GBP	1,350		2,659
	US Bancorp	0.850%	6/7/24	EUR	14,843		16,208
	Ventas Canada Finance Ltd.	2.550%	3/15/23	CAD	2,400		1,679
	Ventas Canada Finance Ltd.	4.125%	9/30/24	CAD	1,200		875
	Verizon Communications Inc.	2.375%	2/17/22	EUR	2,000		2,277
	Verizon Communications Inc.	0.500%	6/2/22	EUR	400		441
	Verizon Communications Inc.	3.500%	2/17/23	AUD	6,380		4,288
	Verizon Communications Inc.	4.073%	6/18/24	GBP	2,000		2,783
	Verizon Communications Inc.	4.050%	2/17/25	AUD	1,550		1,078
	Verizon Communications Inc.	0.875%	4/2/25	EUR	4,900		5,538
	Verizon Communications Inc.	3.250%	2/17/26	EUR	2,600		3,308
	Verizon Communications Inc.	1.375%	10/27/26	EUR	7,000		8,141
	Verizon Communications Inc.	0.875%	4/8/27	EUR	27,900		31,475
	Verizon Communications Inc.	4.500%	8/17/27	AUD	6,300		4,495
	Verizon Communications Inc.	1.375%	11/2/28	EUR	9,800		11,484
	Verizon Communications Inc.	1.875%	10/26/29	EUR	5,800		7,077
	Verizon Communications Inc.	1.250%	4/8/30	EUR	10,000		11,482
	Verizon Communications Inc.	1.875%	9/19/30	GBP	1,600		2,023
	Verizon Communications Inc.	2.500%	4/8/31	GBP	811		1,084
	Verizon Communications Inc.	3.125%	11/2/35	GBP	6,700		9,674
	Verizon Communications Inc.	3.375%	10/27/36	GBP	14,350		21,460
	Verizon Communications Inc.	2.875%	1/15/38	EUR	20,700		27,980
	Verizon Communications Inc.	1.500%	9/19/39	EUR	8,500		9,259
	VF Corp.	0.625%	9/20/23	EUR	5,400		5,917
	VF Corp.	0.250%	2/25/28	EUR	1,500		1,553
	Wal-Mart Stores Inc.	1.900%	4/8/22	EUR	8,500		9,549
	Wal-Mart Stores Inc.	2.550%	4/8/26	EUR	1,900		2,326
	Wal-Mart Stores Inc.	4.875%	9/21/29	EUR	10,750		16,025
	Wal-Mart Stores Inc.	5.625%	3/27/34	GBP	13,835		26,545
	Wal-Mart Stores Inc.	5.250%	9/28/35	GBP	1,000		1,918
	Walgreens Boots Alliance Inc.	3.600%	11/20/25	GBP	1,325		1,672
	Walt Disney Co.	2.758%	10/7/24	CAD	15,325		11,403
	Walt Disney Co.	3.057%	3/30/27	CAD	2,600		1,932
	Wells Fargo & Co.	3.000%	7/27/21	AUD	11,200		7,410
	Wells Fargo & Co.	1.125%	10/29/21	EUR	5,000		5,517

131

Total International Bond Index Fund
					Face		Market
			Maturity		Amount		Value•
		Coupon	Date	Currency	(000	)	($000	)
	Wells Fargo & Co.	2.125%	4/22/22	GBP	3,500		4,436
	Wells Fargo & Co.	3.250%	4/27/22	AUD	3,200		2,141
	Wells Fargo & Co.	1.375%	6/30/22	GBP	1,700		2,121
	Wells Fargo & Co.	2.625%	8/16/22	EUR	20,600		23,438
	Wells Fargo & Co.	1.500%	9/12/22	EUR	3,300		3,668
	Wells Fargo & Co.	2.250%	5/2/23	EUR	16,300		18,571
	Wells Fargo & Co.	2.509%	10/27/23	CAD	11,010		8,023
	Wells Fargo & Co.	0.500%	11/2/23	CHF	10,500		10,906
	Wells Fargo & Co.	3.184%	2/8/24	CAD	5,000		3,713
	Wells Fargo & Co.	0.500%	4/26/24	EUR	10,300		11,068
	Wells Fargo & Co.	3.874%	5/21/25	CAD	350		263
	Wells Fargo & Co.	1.625%	6/2/25	EUR	5,000		5,645
	Wells Fargo & Co.	2.000%	7/28/25	GBP	26,400		33,034
	Wells Fargo & Co.	2.000%	4/27/26	EUR	15,000		17,286
	Wells Fargo & Co.	2.975%	5/19/26	CAD	10,100		7,439
	Wells Fargo & Co.	1.375%	10/26/26	EUR	13,300		14,781
	Wells Fargo & Co.	1.000%	2/2/27	EUR	14,828		16,104
	Wells Fargo & Co.	2.493%	2/18/27	CAD	3,000		2,131
	Wells Fargo & Co.	1.500%	5/24/27	EUR	14,000		15,631
	Wells Fargo & Co.	3.500%	9/12/29	GBP	4,330		6,029
	Wells Fargo & Co.	0.625%	8/14/30	EUR	5,000		5,041
	Wells Fargo Bank NA	5.250%	8/1/23	GBP	9,350		12,919
	Wells Fargo Canada Corp.	3.460%	1/24/23	CAD	16,500		12,416
	Welltower Inc.	4.800%	11/20/28	GBP	7,300		10,363
	Welltower Inc.	4.500%	12/1/34	GBP	4,800		6,831
	Whirlpool Finance Luxembourg Sarl	1.250%	11/2/26	EUR	10,700		11,687
	Whirlpool Finance Luxembourg Sarl	1.100%	11/9/27	EUR	3,600		3,835
	WPC Eurobond BV	2.250%	7/19/24	EUR	6,300		6,927
	WPC Eurobond BV	2.250%	4/9/26	EUR	4,100		4,448
	WPC Eurobond BV	2.125%	4/15/27	EUR	21,434		22,639
	WPC Eurobond BV	1.350%	4/15/28	EUR	9,000		8,870
1	XLIT Ltd.	3.250%	6/29/47	EUR	6,739		7,792
	Xylem Inc.	2.250%	3/11/23	EUR	3,800		4,288
	Zimmer Biomet Holdings Inc.	1.414%	12/13/22	EUR	5,900		6,416
	Zimmer Biomet Holdings Inc.	2.425%	12/13/26	EUR	13,000		14,590
							4,328,920
U.S. Government and Agency Obligations (0.0%)
	Tennessee Valley Authority	5.625%	6/7/32	GBP	1,400		2,618
Total United States (Cost $4,409,146)							4,331,538
					Shares
Temporary Cash Investments (0.8%)
Money Market Fund (0.8%)
17	Vanguard Market Liquidity Fund
	(Cost $1,130,607)	0.522%		USD	11,314,971		1,131,497
Total Investments (99.6%) (Cost $138,052,066)							140,830,548

132

Total International Bond Index Fund

	Market
	Value•
		($000	)
Other Assets and Liabilities—Net (0.4%)		504,113
Net Assets (100%)		141,334,661

Cost rounded to $000.

• See Note A in Notes to Financial Statements.

1 The average or expected maturity is shorter than the final maturity shown because of the possibility of interim principal payments and prepayments or the possibility of the issue being called.

2 Security exempt from registration under Rule 144A of the Securities Act of 1933. Such securities may be sold in transactions exempt from registration, normally to qualified institutional buyers. At April 30, 2020, the aggregate value of these securities was $17,862,775,000, representing 12.6% of net assets.

3 Guaranteed by the Republic of Austria.

4 Guaranteed by multiple countries.

5 Guaranteed by the Government of Canada.

6 Security purchased on a when-issued or delayed-delivery basis for which the fund has not taken delivery as of April 30, 2020.

7 Guaranteed by the Republic of Finland.

8 Securities with a value of $752,992,000 have been segregated as collateral for open forward currency contracts.

9 Guaranteed by the Republic of France.

10 Guaranteed by the Federal Republic of Germany.

11 Securities with a value of $4,511,000 have been segregated as initial margin for open futures contracts.

12 Guaranteed by the Government of Japan.

13 Guaranteed by the Republic of Poland.

14 Guaranteed by the Kingdom of Spain.

15 Scheduled principal and interest payments are guaranteed by Municipal Bond Insurance Association.

16 Scheduled principal and interest payments are guaranteed by National Public Finance Guarantee Corp.

17	Affiliated money market fund available only to Vanguard funds and certain trusts and accounts managed by Vanguard. Rate shown is the 7-day yield.
	REIT—Real Estate Investment Trust.
	AUD—Australian dollar.
	CAD—Canadian dollar.
	CHF—Swiss franc.
	CNH—Chinese yuan (offshore).
	CZK—Czech koruna.
	DKK—Danish krone.
	EUR—euro.
	GBP—British pound.
	HKD—Hong Kong dollar.
	HUF—Hungarian forint.
	IDR—Indonesian rupiah.
	ILS—Israeli shekel.
	JPY—Japanese yen.
	KRW—Korean won.
	MXN—Mexican peso.
	MYR—Malaysian ringgit.
	NOK—Norwegian krone.
	NZD—New Zealand dollar.
	PLN—Polish zloty.
	RUB—Russian ruble.
	SEK—Swedish krona.
	SGD—Singapore dollar.
	THB—Thai baht.
	USD—U.S. dollar.

133

Total International Bond Index Fund

Derivative Financial Instruments Outstanding as of Period End

Futures Contracts

						($000	)
						Value and
		Number of				Unrealized
		Long (Short	)	Notional		Appreciation
	Expiration	Contracts		Amount		(Depreciation	)
Long Futures Contracts
AUD 3-Year Treasury Bond	June 2020	1,300		99,264		(1	)
Ultra Long U.S. Treasury Bond	June 2020	156		35,066		4,019
10-Year U.S. Treasury Note	June 2020	229		31,845		1,460
5-Year U.S. Treasury Note	June 2020	217		27,230		897
30-Year U.S. Treasury Bond	June 2020	69		12,491		1,246
						7,621
Short Futures Contracts
10-Year Japanese Government Bond	June 2020	(83	)	(118,171	)	(53	)
						7,568

Forward Currency Contracts
	Contract					Unrealized		Unrealized
	Settlement		Contract Amount (000)			Appreciation		(Depreciation	)
Counterparty	Date		Receive		Deliver	($000	)	($000	)
Morgan Stanley Capital Services LLC	5/5/20	EUR	9,000,000	USD	9,777,800	85,866		—
Standard Chartered Bank	5/7/20	JPY	872,000,000	USD	8,154,486	—		(28,090	)
Standard Chartered Bank	5/5/20	EUR	7,000,000	USD	7,667,100	4,637		—
BNP Paribas	5/5/20	EUR	6,658,000	USD	7,280,907	16,011		—
State Street Bank & Trust Co.	5/5/20	EUR	5,000,000	USD	5,436,950	42,864		—
BNP Paribas	5/4/20	GBP	3,780,017	USD	4,767,932	—		(6,894	)
Toronto-Dominion Bank	5/5/20	EUR	4,313,000	USD	4,684,729	42,158		—
Citigroup Global Markets Inc.	5/5/20	EUR	4,000,000	USD	4,348,700	35,151		—
J.P. Morgan Securities LLC	5/5/20	EUR	3,314,000	USD	3,622,224	9,795		—
J.P. Morgan Securities LLC	5/4/20	GBP	2,714,000	USD	3,423,304	—		(4,944	)
Deutsche Bank AG	5/5/20	EUR	3,000,000	USD	3,263,600	24,287		—
Morgan Stanley Capital Services LLC	5/4/20	GBP	2,500,000	USD	3,153,375	—		(4,554	)
Toronto-Dominion Bank	5/7/20	JPY	250,000,000	USD	2,346,713	—		(16,898	)
Royal Bank of Canada	5/5/20	CAD	3,054,986	USD	2,198,349	—		(3,584	)
HSBC Bank USA, N.A.	5/5/20	EUR	2,000,000	USD	2,172,550	19,374		—
Royal Bank of Canada	5/5/20	EUR	2,000,000	USD	2,170,800	21,125		—
UBS AG	5/5/20	EUR	1,815,622	USD	1,975,633	14,221		—
Morgan Stanley Capital Services LLC	5/7/20	JPY	200,000,000	USD	1,875,557	—		(11,704	)

134

Total International Bond Index Fund

Forward Currency Contracts (continued)
	Contract					Unrealized		Unrealized
	Settlement	Contract Amount (000)				Appreciation		(Depreciation	)
Counterparty	Date		Receive		Deliver	($000	)	($000	)
Royal Bank of Canada	5/7/20	JPY	200,000,000	USD	1,875,381	—		(11,528	)
State Street Bank & Trust Co.	5/7/20	JPY	200,000,000	USD	1,868,155	—		(4,302	)
Toronto-Dominion Bank	5/5/20	CAD	2,494,000	USD	1,795,613	—		(3,871	)
Toronto-Dominion Bank	5/5/20	CHF	1,665,329	USD	1,725,461	63		—
Morgan Stanley Capital Services LLC	5/5/20	CAD	2,000,000	USD	1,439,884	—		(3,042	)
HSBC Bank USA, N.A.	5/7/20	JPY	150,000,000	USD	1,407,129	—		(9,240	)
Toronto-Dominion Bank	5/4/20	AUD	1,827,538	USD	1,196,306	—		(5,370	)
Bank of America, N.A.	5/5/20	EUR	1,000,000	USD	1,084,900	11,062		—
State Street Bank & Trust Co.	5/5/20	CAD	1,406,000	USD	1,011,402	—		(1,302	)
Citigroup Global Markets Inc.	5/7/20	JPY	100,000,000	USD	932,749	—		(823	)
UBS AG	5/7/20	JPY	100,000,000	USD	932,486	—		(560	)
Standard Chartered Bank	5/5/20	IDR	13,215,679,000	USD	858,049	29,793		—
State Street Bank & Trust Co.	5/5/20	MXN	18,894,547	USD	789,678	—		(6,377	)
J.P. Morgan Securities LLC	5/4/20	AUD	1,100,000	USD	720,170	—		(3,342	)
Bank of America, N.A.	5/5/20	CAD	1,000,000	USD	719,683	—		(1,262	)
HSBC Bank USA, N.A.	5/5/20	CAD	1,000,000	USD	719,166	—		(745	)
Bank of America, N.A.	5/7/20	JPY	76,213,738	USD	714,884	—		(4,628	)
State Street Bank & Trust Co.	5/4/20	AUD	878,000	USD	574,827	—		(2,668	)
BNP Paribas	5/4/20	AUD	772,000	USD	505,428	—		(2,346	)
Citigroup Global Markets Inc.	5/7/20	JPY	50,000,000	USD	464,511	1,452		—
BNP Paribas	5/7/20	JPY	50,000,000	USD	464,313	1,650		—
Citigroup Global Markets Inc.	5/4/20	AUD	651,000	USD	426,210	—		(1,978	)
Morgan Stanley Capital Services LLC	6/17/20	EUR	340,000	USD	372,558	404		—
Barclays Bank plc	5/4/20	AUD	313,000	USD	204,921	—		(951	)
BNP Paribas	6/17/20	THB	4,133,000	USD	125,459	2,284		—
BNP Paribas	6/17/20	MYR	555,000	USD	125,403	3,393		—
UBS AG	5/4/20	NZD	193,000	USD	119,071	—		(678	)
BNP Paribas	5/4/20	NZD	170,879	USD	105,424	—		(601	)
State Street Bank & Trust Co.	5/4/20	NZD	170,000	USD	104,882	—		(597	)
J.P. Morgan Securities LLC	5/4/20	GBP	80,000	USD	99,263	1,499		—
BNP Paribas	6/17/20	KRW	100,000,000	USD	81,657	485		—
Royal Bank of Canada	5/4/20	AUD	121,000	USD	79,219	—		(368	)
Morgan Stanley Capital Services LLC	5/4/20	GBP	60,000	USD	74,321	1,251		—
J.P. Morgan Securities LLC	5/5/20	CHF	70,000	USD	72,476	54		—
BNP Paribas	6/17/20	KRW	82,250,000	USD	67,670	—		(108	)
J.P. Morgan Securities LLC	6/17/20	JPY	3,580,000	USD	33,417	—		(32	)
J.P. Morgan Securities LLC	5/4/20	AUD	40,000	USD	24,489	1,578		—
BNP Paribas	5/5/20	HKD	171,500	USD	22,122	—		(2	)

135

Total International Bond Index Fund

Forward Currency Contracts (continued)
	Contract					Unrealized		Unrealized
	Settlement		Contract Amount (000)			Appreciation		(Depreciation	)
Counterparty	Date		Receive		Deliver	($000	)	($000	)
J.P. Morgan Securities LLC	6/17/20	ILS	60,000	USD	17,035	202		—
J.P. Morgan Securities LLC	6/17/20	DKK	90,000	USD	13,271	—		(41	)
J.P. Morgan Securities LLC	6/17/20	RUB	860,000	USD	10,883	619		—
UBS AG	5/5/20	CHF	10,000	USD	10,365	—		(4	)
UBS AG	5/4/20	AUD	12,000	USD	7,856	—		(36	)
Morgan Stanley Capital Services LLC	6/2/20	USD	9,783,542	EUR	9,000,000	—		(85,660	)
Standard Chartered Bank	5/5/20	USD	8,679,186	EUR	7,900,000	21,083		—
Standard Chartered Bank	6/2/20	USD	8,157,132	JPY	872,000,000	27,719		—
State Street Bank & Trust Co.	5/5/20	USD	8,092,808	EUR	7,350,000	37,482		—
Standard Chartered Bank	5/7/20	USD	7,978,952	JPY	860,000,000	—		(35,613	)
Standard Chartered Bank	6/2/20	USD	7,671,196	EUR	7,000,000	—		(4,848	)
BNP Paribas	6/2/20	USD	7,284,915	EUR	6,658,000	—		(16,101	)
Citigroup Global Markets Inc.	5/5/20	USD	6,500,820	EUR	6,000,000	—		(74,953	)
Morgan Stanley Capital Services LLC	5/4/20	USD	5,712,342	GBP	4,604,017	—		(86,548	)
BNP Paribas	5/4/20	USD	5,583,964	GBP	4,500,000	—		(83,913	)
State Street Bank & Trust Co.	6/2/20	USD	5,439,941	EUR	5,000,000	—		(42,949	)
Citigroup Global Markets Inc.	6/17/20	USD	5,212,364	EUR	4,732,591	20,944		—
Morgan Stanley Capital Services LLC	5/5/20	USD	5,149,218	EUR	4,780,000	—		(89,485	)
BNP Paribas	6/2/20	USD	4,768,420	GBP	3,780,017	6,842		—
Toronto-Dominion Bank	6/2/20	USD	4,687,410	EUR	4,313,000	—		(42,130	)
Citigroup Global Markets Inc.	6/2/20	USD	4,351,232	EUR	4,000,000	—		(35,080	)
BNP Paribas	5/5/20	USD	4,058,474	EUR	3,694,000	9,988		—
Morgan Stanley Capital Services LLC	6/17/20	USD	3,863,925	EUR	3,500,000	24,597		—
Deutsche Bank AG	5/5/20	USD	3,788,845	EUR	3,500,000	—		(47,023	)
Morgan Stanley Capital Services LLC	6/17/20	USD	3,626,946	EUR	3,357,409	—		(55,968	)
J.P. Morgan Securities LLC	6/2/20	USD	3,624,175	EUR	3,314,000	—		(9,883	)
UBS AG	6/2/20	USD	3,600,971	EUR	3,305,622	—		(23,900	)
J.P. Morgan Securities LLC	6/2/20	USD	3,423,689	GBP	2,714,000	4,942		—
Citigroup Global Markets Inc.	5/7/20	USD	3,389,266	JPY	368,563,738	—		(45,477	)
Royal Bank of Canada	5/5/20	USD	3,362,836	CAD	4,784,986	—		(74,798	)
Deutsche Bank AG	6/2/20	USD	3,265,391	EUR	3,000,000	—		(24,343	)
Morgan Stanley Capital Services LLC	6/2/20	USD	3,153,715	GBP	2,500,000	4,537		—
Morgan Stanley Capital Services LLC	5/5/20	USD	2,785,718	EUR	2,530,000	12,933		—
Royal Bank of Canada	6/2/20	USD	2,450,533	CAD	3,404,986	4,222		—
Toronto-Dominion Bank	6/2/20	USD	2,431,984	JPY	258,990,000	17,493		—

136

Total International Bond Index Fund

Forward Currency Contracts (continued)
	Contract					Unrealized		Unrealized
	Settlement		Contract Amount (000)			Appreciation		(Depreciation	)
Counterparty	Date		Receive		Deliver	($000	)	($000	)
Citigroup Global Markets Inc.	6/17/20	USD	2,409,385	EUR	2,220,000	—		(25,846	)
Bank of America, N.A.	5/5/20	USD	2,206,480	EUR	2,000,000	14,556		—
HSBC Bank USA, N.A.	6/2/20	USD	2,173,770	EUR	2,000,000	—		(19,385	)
Royal Bank of Canada	6/2/20	USD	2,172,145	EUR	2,000,000	—		(21,010	)
Barclays Bank plc	5/5/20	USD	2,160,974	EUR	2,000,000	—		(30,950	)
Toronto-Dominion Bank	5/5/20	USD	2,115,321	CAD	3,010,000	—		(47,125	)
BNP Paribas	6/17/20	USD	2,061,334	KRW	2,565,249,550	—		(45,802	)
Citigroup Global Markets Inc.	6/17/20	USD	2,011,264	JPY	219,998,769	—		(40,276	)
Toronto-Dominion Bank	5/5/20	USD	1,907,764	EUR	1,726,622	15,450		—
Morgan Stanley Capital Services LLC	6/2/20	USD	1,876,190	JPY	200,000,000	11,646		—
Royal Bank of Canada	6/2/20	USD	1,876,014	JPY	200,000,000	11,470		—
State Street Bank & Trust Co.	6/2/20	USD	1,869,058	JPY	200,000,000	4,514		—
State Street Bank & Trust Co.	5/7/20	USD	1,848,416	JPY	200,000,000	—		(15,436	)
Toronto-Dominion Bank	5/5/20	USD	1,807,086	CHF	1,745,329	—		(1,330	)
Toronto-Dominion Bank	6/2/20	USD	1,795,720	CAD	2,494,000	3,907		—
Toronto-Dominion Bank	6/3/20	USD	1,726,893	CHF	1,665,329	—		(54	)
BNP Paribas	6/17/20	USD	1,688,562	KRW	2,038,396,828	14,192		—
Citigroup Global Markets Inc.	5/5/20	USD	1,656,425	EUR	1,500,000	12,481		—
Royal Bank of Canada	5/5/20	USD	1,651,325	EUR	1,500,000	7,381		—
Morgan Stanley Capital Services LLC	6/2/20	USD	1,440,012	CAD	2,000,000	3,114		—
HSBC Bank USA, N.A.	6/17/20	USD	1,414,387	JPY	156,000,000	—		(40,349	)
HSBC Bank USA, N.A.	6/2/20	USD	1,407,605	JPY	150,000,000	9,197		—
Citigroup Global Markets Inc.	5/5/20	USD	1,400,602	CAD	2,000,000	—		(36,240	)
UBS AG	5/7/20	USD	1,358,080	JPY	150,000,000	—		(39,810	)
Barclays Bank plc	6/17/20	USD	1,312,452	SEK	13,164,545	—		(37,601	)
Toronto-Dominion Bank	6/2/20	USD	1,281,179	AUD	1,957,538	5,402		—
State Street Bank & Trust Co.	6/2/20	USD	1,191,492	CAD	1,656,000	1,739		—
Royal Bank of Canada	6/17/20	USD	1,176,639	JPY	130,642,231	—		(41,630	)
BNP Paribas	6/17/20	USD	1,119,818	THB	36,662,361	—		(13,342	)
BNP Paribas	6/17/20	USD	1,105,560	EUR	1,000,000	8,609		—
HSBC Bank USA, N.A.	6/17/20	USD	1,103,380	EUR	1,000,000	6,429		—
HSBC Bank USA, N.A.	5/5/20	USD	1,100,238	EUR	1,000,000	4,275		—
Toronto-Dominion Bank	5/7/20	USD	1,093,405	JPY	119,370,000	—		(19,037	)
Royal Bank of Canada	5/5/20	USD	1,086,768	EUR	1,000,000	—		(9,194	)
HSBC Bank USA, N.A.	5/5/20	USD	1,086,200	EUR	1,000,000	—		(9,762	)
Bank of America, N.A.	6/2/20	USD	1,085,488	EUR	1,000,000	—		(11,090	)
UBS AG	5/5/20	USD	1,085,025	EUR	1,000,000	—		(10,936	)
BNP Paribas	6/17/20	USD	1,054,369	JPY	115,000,000	—		(18,033	)
HSBC Bank USA, N.A.	5/7/20	USD	960,922	JPY	105,000,000	—		(17,601	)

137

Total International Bond Index Fund

Forward Currency Contracts (continued)
	Contract					Unrealized		Unrealized
	Settlement		Contract Amount (000)			Appreciation		(Depreciation	)
Counterparty	Date		Receive		Deliver	($000	)	($000	)
Citigroup Global Markets Inc.	6/2/20	USD	933,172	JPY	100,000,000	900		—
UBS AG	6/2/20	USD	932,895	JPY	100,000,000	623		—
Bank of America, N.A.	5/7/20	USD	914,163	JPY	100,000,000	—		(17,763	)
State Street Bank & Trust Co.	5/4/20	USD	913,918	AUD	1,493,000	—		(59,013	)
Morgan Stanley Capital Services LLC	6/17/20	USD	911,722	JPY	100,000,000	—		(20,801	)
Morgan Stanley Capital Services LLC	5/7/20	USD	906,742	JPY	100,000,000	—		(25,185	)
BNP Paribas	5/7/20	USD	873,029	JPY	96,000,000	—		(21,620	)
Standard Chartered Bank	6/3/20	USD	863,664	IDR	13,360,679,000	—		(30,393	)
BNP Paribas	5/4/20	USD	841,049	AUD	1,374,000	—		(54,334	)
Standard Chartered Bank	5/5/20	USD	808,952	IDR	13,215,679,000	—		(78,890	)
State Street Bank & Trust Co.	5/5/20	USD	788,926	MXN	18,894,547	5,625		—
State Street Bank & Trust Co.	6/2/20	USD	785,989	MXN	18,894,547	6,404		—
J.P. Morgan Securities LLC	6/2/20	USD	720,225	AUD	1,100,000	3,328		—
Bank of America, N.A.	6/2/20	USD	719,743	CAD	1,000,000	1,293		—
HSBC Bank USA, N.A.	6/2/20	USD	719,228	CAD	1,000,000	778		—
BNP Paribas	6/17/20	USD	716,566	MYR	3,167,700	—		(18,542	)
Bank of America, N.A.	6/2/20	USD	715,125	JPY	76,213,738	4,606		—
HSBC Bank USA, N.A.	5/5/20	USD	706,864	CAD	1,000,000	—		(11,557	)
BNP Paribas	6/17/20	USD	591,662	PLN	2,525,503	—		(16,892	)
State Street Bank & Trust Co.	6/2/20	USD	574,872	AUD	878,000	2,658		—
J.P. Morgan Securities LLC	5/4/20	USD	572,356	AUD	935,000	—		(36,948	)
UBS AG	6/17/20	USD	552,050	EUR	500,000	3,575		—
Deutsche Bank AG	6/17/20	USD	549,710	EUR	500,000	1,235		—
Bank of America, N.A.	5/5/20	USD	544,923	EUR	500,000	—		(3,059	)
HSBC Bank USA, N.A.	6/17/20	USD	543,562	EUR	500,000	—		(4,913	)
BNP Paribas	6/2/20	USD	505,467	AUD	772,000	2,335		—
Deutsche Bank AG	5/7/20	USD	503,801	JPY	55,000,000	—		(8,758	)
Citigroup Global Markets Inc.	6/2/20	USD	464,729	JPY	50,000,000	—		(1,407	)
BNP Paribas	6/2/20	USD	464,532	JPY	50,000,000	—		(1,604	)
Royal Bank of Canada	5/7/20	USD	454,980	JPY	50,000,000	—		(10,983	)
Citigroup Global Markets Inc.	6/2/20	USD	426,246	AUD	651,000	1,973		—
UBS AG	5/4/20	USD	386,280	AUD	631,038	—		(24,943	)
BNP Paribas	6/17/20	USD	384,869	ILS	1,417,569	—		(22,377	)
J.P. Morgan Securities LLC	6/2/20	USD	364,827	GBP	290,000	—		(478	)
Citigroup Global Markets Inc.	5/4/20	USD	354,441	AUD	579,000	—		(22,871	)
Barclays Bank plc	5/4/20	USD	316,466	AUD	517,000	—		(20,443	)
J.P. Morgan Securities LLC	6/17/20	USD	300,257	CNH	2,129,350	—		(230	)
Barclays Bank plc	6/17/20	USD	288,355	NOK	3,040,356	—		(8,490	)
Toronto-Dominion Bank	6/17/20	USD	283,478	DKK	1,923,000	784		—

138

Total International Bond Index Fund

Forward Currency Contracts (continued)
	Contract					Unrealized		Unrealized
	Settlement		Contract Amount (000)			Appreciation		(Depreciation	)
Counterparty	Date		Receive		Deliver	($000	)	($000	)
Deutsche Bank AG	6/17/20	USD	271,529	CNH	1,925,250	—		(156	)
BNP Paribas	6/17/20	USD	253,757	CZK	6,510,000	—		(9,652	)
BNP Paribas	6/17/20	USD	250,378	MYR	1,072,818	1,415		—
Morgan Stanley Capital Services LLC	6/17/20	USD	249,542	CNH	1,770,000	—		(235	)
J.P. Morgan Securities LLC	6/17/20	USD	214,286	SGD	306,660	—		(3,226	)
Toronto-Dominion Bank	6/17/20	USD	209,399	SGD	297,981	—		(1,956	)
J.P. Morgan Securities LLC	5/7/20	USD	206,151	JPY	22,210,000	—		(830	)
Toronto-Dominion Bank	5/7/20	USD	206,091	JPY	22,070,000	415		—
Barclays Bank plc	6/2/20	USD	204,937	AUD	313,000	947		—
UBS AG	6/17/20	USD	204,674	RUB	16,469,000	—		(15,584	)
Morgan Stanley Capital Services LLC	6/17/20	USD	182,700	SGD	260,000	—		(1,717	)
BNP Paribas	6/17/20	USD	166,767	HUF	54,698,251	—		(3,162	)
Barclays Bank plc	6/17/20	USD	138,705	DKK	942,000	225		—
Barclays Bank plc	6/17/20	USD	138,444	DKK	942,000	—		(36	)
State Street Bank & Trust Co.	6/2/20	USD	137,807	GBP	110,000	—		(756	)
Royal Bank of Canada	6/17/20	USD	137,384	DKK	931,700	419		—
State Street Bank & Trust Co.	5/5/20	USD	131,178	EUR	120,000	—		(338	)
UBS AG	6/3/20	USD	119,053	NZD	193,000	683		—
J.P. Morgan Securities LLC	6/17/20	USD	114,149	JPY	12,190,000	475		—
BNP Paribas	6/17/20	USD	113,699	CNH	804,820	125		—
Bank of Montreal	5/5/20	USD	113,569	CAD	160,000	—		(1,379	)
Royal Bank of Canada	5/4/20	USD	113,471	AUD	185,500	—		(7,412	)
BNP Paribas	6/3/20	USD	105,409	NZD	170,879	607		—
State Street Bank & Trust Co.	6/3/20	USD	104,857	NZD	170,000	593		—
BNP Paribas	6/17/20	USD	100,027	CNH	711,612	—		(393	)
Deutsche Bank AG	6/17/20	USD	99,319	RUB	8,003,500	—		(7,721	)
UBS AG	5/4/20	USD	97,124	NZD	163,879	—		(3,406	)
Barclays Bank plc	6/17/20	USD	93,116	RUB	7,615,000	—		(8,728	)
Morgan Stanley Capital Services LLC	6/17/20	USD	93,036	RUB	7,615,000	—		(8,807	)
Barclays Bank plc	5/4/20	USD	82,990	NZD	140,000	—		(2,891	)
Citigroup Global Markets Inc.	5/4/20	USD	82,986	NZD	140,000	—		(2,895	)
Royal Bank of Canada	6/2/20	USD	79,225	AUD	121,000	366		—
State Street Bank & Trust Co.	6/17/20	USD	55,753	CNH	393,932	163		—
Bank of America, N.A.	5/4/20	USD	54,309	NZD	90,000	—		(901	)
J.P. Morgan Securities LLC	6/3/20	USD	31,107	CHF	30,000	—		(2	)
Bank of America, N.A.	6/3/20	USD	30,694	NZD	50,000	28		—
Toronto-Dominion Bank	5/4/20	USD	24,802	GBP	20,000	—		(389	)
Bank of America, N.A.	6/17/20	USD	23,362	RUB	1,740,000	91		—

139

Total International Bond Index Fund

Forward Currency Contracts (continued)
	Contract					Unrealized		Unrealized
	Settlement		Contract Amount (000)			Appreciation		(Depreciation	)
Counterparty	Date		Receive		Deliver	($000	)	($000	)
BNP Paribas	5/5/20	USD	22,126	HKD	171,500	6		—
BNP Paribas	6/2/20	USD	22,115	HKD	171,500	3		—
Deutsche Bank AG	6/17/20	USD	21,274	SGD	30,000	—		(4	)
J.P. Morgan Securities LLC	6/17/20	USD	20,559	KRW	25,000,000	23		—
J.P. Morgan Securities LLC	6/2/20	USD	17,137	MXN	410,000	221		—
J.P. Morgan Securities LLC	6/17/20	USD	14,422	ILS	50,000	58		—
Goldman Sachs Bank USA	5/4/20	USD	12,389	GBP	10,000	—		(206	)
State Street Bank & Trust Co.	6/17/20	USD	11,281	CNH	80,196	—		(36	)
UBS AG	6/2/20	USD	7,857	AUD	12,000	36		—
J.P. Morgan Securities LLC	6/17/20	USD	7,620	NOK	80,000	—		(190	)
J.P. Morgan Securities LLC	6/17/20	USD	7,219	PLN	30,000	—		(10	)
J.P. Morgan Securities LLC	6/17/20	USD	7,104	SGD	10,000	11		—
BNP Paribas	6/17/20	USD	6,308	THB	204,000	2		—
						741,451		(2,179,493	)

At April 30, 2020, the counterparties had deposited in segregated accounts securities with a value of $20,313,000 in connection with open forward currency contracts.

See accompanying Notes, which are an integral part of the Financial Statements.

140

Total International Bond Index Fund

Statement of Assets and Liabilities

As of April 30, 2020

($000s, except shares and per-share amounts)	Amount
Assets
Investments in Securities, at Value
Unaffiliated Issuers (Cost $136,921,459)		139,699,051
Affiliated Issuers (Cost $1,130,607)		1,131,497
Total Investments in Securities		140,830,548
Investment in Vanguard		6,939
Foreign Currency, at Value (Cost $1,679,316)		1,707,250
Receivables for Investment Securities Sold		789,272
Receivables for Accrued Income		878,501
Receivables for Capital Shares Issued		2,249,111
Variation Margin Receivable—Futures Contracts		83
Unrealized Appreciation—Forward Currency Contracts		741,451
Other Assets		27,501
Total Assets		147,230,656
Liabilities
Due to Custodian		23,928
Payables for Investment Securities Purchased		3,659,625
Payables for Capital Shares Redeemed		20,367
Payables for Distributions		1,820
Payables to Vanguard		10,545
Variation Margin Payable—Futures Contracts		217
Unrealized Depreciation—Forward Currency Contracts		2,179,493
Total Liabilities		5,895,995
Net Assets		141,334,661

141

Total International Bond Index Fund

Statement of Assets and Liabilities (continued)

At April 30, 2020, net assets consisted of:

($000s, except shares and per-share amounts)	Amount
Paid-in Capital	132,442,998
Total Distributable Earnings (Loss)	8,891,663
Net Assets	141,334,661
Investor Shares—Net Assets
Applicable to 2,492,376,192 outstanding $.001 par value shares of beneficial interest (unlimited authorization)	28,578,323
Net Asset Value Per Share—Investor Shares	$11.47
ETF Shares—Net Assets
Applicable to 463,253,182 outstanding $.001 par value shares of beneficial interest (unlimited authorization)	26,538,498
Net Asset Value Per Share—ETF Shares	$57.29
Admiral Shares—Net Assets
Applicable to 2,213,844,577 outstanding $.001 par value shares of beneficial interest (unlimited authorization)	50,754,146
Net Asset Value Per Share—Admiral Shares	$22.93
Institutional Shares—Net Assets
Applicable to 1,030,887,724 outstanding $.001 par value shares of beneficial interest (unlimited authorization)	35,463,694
Net Asset Value Per Share—Institutional Shares	$34.40

See accompanying Notes, which are an integral part of the Financial Statements.

142

Total International Bond Index Fund

Statement of Operations

	Six Months Ended
	April 30, 2020
		($000	)
Investment Income
Income
Interest1,2		784,183
Total Income		784,183
Expenses
The Vanguard Group—Note B
Investment Advisory Services		2,212
Management and Administrative—Investor Shares		16,839
Management and Administrative—ETF Shares		7,588
Management and Administrative—Admiral Shares		24,871
Management and Administrative—Institutional Shares		10,878
Marketing and Distribution—Investor Shares		1,474
Marketing and Distribution—ETF Shares		870
Marketing and Distribution—Admiral Shares		1,717
Marketing and Distribution—Institutional Shares		634
Custodian Fees		2,190
Shareholders’ Reports—Investor Shares		151
Shareholders’ Reports—ETF Shares		868
Shareholders’ Reports—Admiral Shares		299
Shareholders’ Reports—Institutional Shares		4
Trustees’ Fees and Expenses		42
Total Expenses		70,637
Net Investment Income		713,546
Realized Net Gain (Loss)
Investment Securities Sold2,3		(373,405	)
Futures Contracts		10,888
Forward Currency Contracts		3,170,080
Foreign Currencies		74,410
Realized Net Gain (Loss)		2,881,973
Change in Unrealized Appreciation (Depreciation)
Investment Securities2		(3,212,482	)
Futures Contracts		7,547
Forward Currency Contracts		1,028,832
Foreign Currencies		(5,657	)
Change in Unrealized Appreciation (Depreciation)		(2,181,760	)
Net Increase (Decrease) in Net Assets Resulting from Operations		1,413,759

1	Interest income is net of foreign withholding taxes of $11,830,000.
2	Interest income, realized net gain (loss), and change in unrealized appreciation (depreciation) from an affiliated company of the fund were $7,004,000, $77,000, and $868,000, respectively. Purchases and sales are for temporary cash investment purposes.
3	Includes ($4,356,000) of net gain (loss) resulting from in-kind redemptions.

See accompanying Notes, which are an integral part of the Financial Statements.

143

Total International Bond Index Fund

Statement of Changes in Net Assets

	Six Months Ended			Year Ended
	April 30,			October 31,
	2020			2019
		($000	)		($000	)
Increase (Decrease) in Net Assets
Operations
Net Investment Income		713,546			1,372,024
Realized Net Gain (Loss)		2,881,973			7,025,878
Change in Unrealized Appreciation (Depreciation)		(2,181,760	)		3,777,488
Net Increase (Decrease) in Net Assets Resulting from Operations		1,413,759			12,175,390
Distributions1
Investor Shares		(821,887	)		(821,618	)
ETF Shares		(681,797	)		(430,228	)
Admiral Shares		(1,419,111	)		(1,363,556	)
Institutional Shares		(991,548	)		(889,172	)
Total Distributions		(3,914,343	)		(3,504,574	)
Capital Share Transactions
Investor Shares		(949,278	)		799,480
ETF Shares		3,079,815			10,659,238
Admiral Shares		(216,434	)		4,958,823
Institutional Shares		1,471,780			4,222,942
Net Increase (Decrease) from Capital Share Transactions		3,385,883			20,640,483
Total Increase (Decrease)		885,299			29,311,299
Net Assets
Beginning of Period		140,449,362			111,138,063
End of Period		141,334,661			140,449,362

1 Certain prior period numbers have been reclassified to conform with current period presentation.

See accompanying Notes, which are an integral part of the Financial Statements.

144

Total International Bond Index Fund

Financial Highlights

Investor Shares

Six Months
	Ended				Year Ended October 31,
For a Share Outstanding	April 30,
Throughout Each Period	2020		2019	2018	2017	2016	2015
Net Asset Value, Beginning of Period	$11.68	$10.90		$10.96	$11.02	$10.61	$10.45
Investment Operations
Net Investment Income	.0551	.1211		.1131	.1141	.135	.141
Net Realized and Unrealized Gain (Loss) on Investments	.050	.988		.068	.011	.432	.176
Total from Investment Operations	.105	1.109		.181	.125	.567	.317
Distributions
Dividends from Net Investment Income	(.315)	(.329)		(.241)	(.185)	(.157)	(.157)
Distributions from Realized Capital Gains	—		—	—	—	—	—
Total Distributions	(.315)	(.329)		(.241)	(.185)	(.157)	(.157)
Net Asset Value, End of Period	$11.47	$11.68		$10.90	$10.96	$11.02	$10.61
Total Return2	0.94%	10.39%		1.68%	1.16%	5.38%	3.04%
Ratios/Supplemental Data
Net Assets, End of Period (Millions)	$28,578	$30,053		$27,299	$25,603	$21,521	$20,434
Ratio of Total Expenses to Average Net Assets	0.13%	0.13%		0.13%	0.13%	0.15%	0.17%
Ratio of Net Investment Income to Average Net Assets	0.97%	1.07%		1.03%	1.05%	1.18%	1.32%
Portfolio Turnover Rate	19%3	26%		22%	19%	20%	13%

The expense ratio and net investment income ratio for the current period have been annualized.

1 Calculated based on average shares outstanding.

2 Total returns do not include account service fees that may have applied in the periods shown. Fund prospectuses provide information about any applicable account service fees.

3 Excludes the value of portfolio securities received or delivered as a result of in-kind purchases or redemptions of the fund’s capital shares, including ETF Creation Units.

See accompanying Notes, which are an integral part of the Financial Statements.

145

Total International Bond Index Fund

Financial Highlights

ETF Shares

Six Months
	Ended				Year Ended October 31,
For a Share Outstanding	April 30,
Throughout Each Period	2020		2019	2018	2017	2016	2015
Net Asset Value, Beginning of Period	$58.34	$54.47		$54.75	$55.09	$53.04	$52.23
Investment Operations
Net Investment Income	.2901	.6301		.5841	.5781	.697	.714
Net Realized and Unrealized Gain (Loss) on Investments	.253	4.913		.356	.038	2.175	.882
Total from Investment Operations	.543	5.543		.940	.616	2.872	1.596
Distributions
Dividends from Net Investment Income	(1.593)	(1.673)		(1.220)	(.956)	(.822)	(.786)
Distributions from Realized Capital Gains	—		—	—	—	—	—
Total Distributions	(1.593)	(1.673)		(1.220)	(.956)	(.822)	(.786)
Net Asset Value, End of Period	$57.29	$58.34		$54.47	$54.75	$55.09	$53.04
Total Return	0.97%	10.40%		1.74%	1.15%	5.46%	3.07%
Ratios/Supplemental Data
Net Assets, End of Period (Millions)	$26,538	$23,911		$12,092	$8,504	$5,692	$3,968
Ratio of Total Expenses to Average Net Assets	0.08%	0.08%		0.09%	0.11%	0.12%	0.15%
Ratio of Net Investment Income to Average Net Assets	1.02%	1.12%		1.07%	1.07%	1.21%	1.34%
Portfolio Turnover Rate	19%2	26%		22%	19%	20%	13%

The expense ratio and net investment income ratio for the current period have been annualized.

1 Calculated based on average shares outstanding.

2 Excludes the value of portfolio securities received or delivered as a result of in-kind purchases or redemptions of the fund’s capital shares, including ETF Creation Units.

See accompanying Notes, which are an integral part of the Financial Statements.

146

Total International Bond Index Fund

Financial Highlights

Admiral Shares

Six Months
	Ended			Year Ended October 31,
For a Share Outstanding	April 30,
Throughout Each Period	2020	2019	2018	2017	2016	2015
Net Asset Value, Beginning of Period	$23.35	$21.79	$21.91	$22.04	$21.21	$20.89
Investment Operations
Net Investment Income	.1131	.2461	.2301	.2311	.277	.289
Net Realized and Unrealized Gain (Loss) on Investments	.099	1.976	.137	.017	.874	.349
Total from Investment Operations	.212	2.222	.367	.248	1.151	.638
Distributions
Dividends from Net Investment Income	(.632)	(.662)	(.487)	(.378)	(.321)	(.318)
Distributions from Realized Capital Gains	—	—	—	—	—	—
Total Distributions	(.632)	(.662)	(.487)	(.378)	(.321)	(.318)
Net Asset Value, End of Period	$22.93	$23.35	$21.79	$21.91	$22.04	$21.21
Total Return2	0.95%	10.41%	1.70%	1.16%	5.46%	3.06%
Ratios/Supplemental Data
Net Assets, End of Period (Millions)	$50,754	$51,889	$43,550	$36,072	$20,572	$12,595
Ratio of Total Expenses to Average Net Assets	0.11%	0.11%	0.11%	0.11%	0.12%	0.14%
Ratio of Net Investment Income to Average Net Assets	0.99%	1.09%	1.05%	1.07%	1.21%	1.35%
Portfolio Turnover Rate	19%3	26%	22%	19%	20%	13%

The expense ratio and net investment income ratio for the current period have been annualized.

1 Calculated based on average shares outstanding.

2 Total returns do not include account service fees that may have applied in the periods shown. Fund prospectuses provide information about any applicable account service fees.

3 Excludes the value of portfolio securities received or delivered as a result of in-kind purchases or redemptions of the fund’s capital shares, including ETF Creation Units.

See accompanying Notes, which are an integral part of the Financial Statements.

147

Total International Bond Index Fund

Financial Highlights

Institutional Shares

Six Months
	Ended			Year Ended October 31,
For a Share Outstanding	April 30,
Throughout Each Period	2020	2019	2018	2017	2016	2015
Net Asset Value, Beginning of Period	$35.03	$32.70	$32.88	$33.07	$31.83	$31.34
Investment Operations
Net Investment Income	.1761	.3821	.3581	.3601	.431	.449
Net Realized and Unrealized Gain (Loss) on Investments	.150	2.954	.206	.033	1.306	.536
Total from Investment Operations	.326	3.336	.564	.393	1.737	.985
Distributions
Dividends from Net Investment Income	(.956)	(1.006)	(.744)	(.583)	(.497)	(.495)
Distributions from Realized Capital Gains	—	—	—	—	—	—
Total Distributions	(.956)	(1.006)	(.744)	(.583)	(.497)	(.495)
Net Asset Value, End of Period	$34.40	$35.03	$32.70	$32.88	$33.07	$31.83
Total Return	0.97%	10.42%	1.74%	1.22%	5.49%	3.15%
Ratios/Supplemental Data
Net Assets, End of Period (Millions)	$35,464	$34,596	$28,196	$24,365	$16,773	$13,032
Ratio of Total Expenses to Average Net Assets	0.07%	0.07%	0.07%	0.07%	0.07%	0.09%
Ratio of Net Investment Income to Average Net Assets	1.03%	1.13%	1.09%	1.11%	1.26%	1.40%
Portfolio Turnover Rate	19%2	26%	22%	19%	20%	13%

The expense ratio and net investment income ratio for the current period have been annualized.

1 Calculated based on average shares outstanding.

2 Excludes the value of portfolio securities received or delivered as a result of in-kind purchases or redemptions of the fund’s capital shares, including ETF Creation Units.

See accompanying Notes, which are an integral part of the Financial Statements.

148

Total International Bond Index Fund

Notes to Financial Statements

Vanguard Total International Bond Index Fund is registered under the Investment Company Act of 1940 as an open-end investment company, or mutual fund. The fund offers five classes of shares: Investor Shares, ETF Shares, Admiral Shares, Institutional Shares, and Institutional Select Shares. Each of the share classes has different eligibility and minimum purchase requirements, and is designed for different types of investors. ETF Shares are listed for trading on Nasdaq; they can be purchased and sold through a broker. The fund has not issued Institutional Select Shares through April 30, 2020.

Certain of the fund’s investments are in corporate debt instruments; the issuers’ abilities to meet their obligations may be affected by economic developments in their respective industries. The fund invests in securities of foreign issuers, which may subject it to investment risks not normally associated with investing in securities of U.S. corporations. To minimize the currency risk associated with investment in securities denominated in currencies other than the U.S. dollar, the fund attempts to hedge its currency exposures. Market disruptions associated with the COVID-19 pandemic have had a global impact, and uncertainty exists as to the long-term implications.

Such disruptions can adversely affect assets of the fund and thus fund performance.

A. The following significant accounting policies conform to generally accepted accounting principles for U.S. investment companies. The fund consistently follows such policies in preparing its financial statements.

1. Security Valuation: Securities are valued as of the close of trading on the New York Stock Exchange (generally 4 p.m., Eastern time) on the valuation date. Bonds and temporary cash investments are valued using the latest bid prices or using valuations based on a matrix system (which considers such factors as security prices, yields, maturities, and ratings), both as furnished by independent pricing services. Structured debt securities, including mortgages and asset-backed securities, are valued using the latest bid prices or using valuations based on a matrix system that considers such factors as issuer, tranche, nominal or option-adjusted spreads, weighted average coupon, weighted average maturity, credit enhancements, and collateral. Investments in Vanguard Market Liquidity Fund are valued at that fund’s net asset value. Securities for which market quotations are not readily available, or whose values have been affected by events occurring before the fund’s pricing time but after the close of the securities’ primary markets, are valued at their fair values calculated according to procedures adopted by the board of trustees. These procedures include obtaining quotations from an independent pricing service, monitoring news to identify significant market- or security-specific events, and evaluating changes in the values of foreign market proxies (for example, ADRs, futures contracts, or exchange-traded funds), between the time the foreign markets close and the fund’s pricing time. When fair-value pricing is employed, the prices of securities used by a fund to calculate its net asset value may differ from quoted or published prices for the same securities.

2. Foreign Currency: Securities and other assets and liabilities denominated in foreign currencies are translated into U.S. dollars using exchange rates obtained from an independent third party as of the fund’s pricing time on the valuation date. Realized gains (losses) and unrealized appreciation (depreciation) on investment securities include the effects of changes in exchange rates since the securities were purchased, combined with the effects of changes in security prices. Fluctuations in the value of other assets and liabilities resulting from changes in exchange rates are recorded as unrealized foreign currency gains (losses) until the assets or liabilities are settled in cash, at which time they are recorded as realized foreign currency gains (losses).

149

Total International Bond Index Fund

3. Futures Contracts: The fund uses futures contracts to invest in fixed income asset classes with greater efficiency and lower cost than is possible through direct investment, to add value when these instruments are attractively priced, or to adjust sensitivity to changes in interest rates. The primary risks associated with the use of futures contracts are imperfect correlation between changes in market values of bonds held by the fund and the prices of futures contracts, and the possibility of an illiquid market. Counterparty risk involving futures is mitigated because a regulated clearinghouse is the counterparty instead of the clearing broker. To further mitigate counterparty risk, the fund trades futures contracts on an exchange, monitors the financial strength of its clearing brokers and clearinghouse, and has entered into clearing agreements with its clearing brokers. The clearinghouse imposes initial margin requirements to secure the fund’s performance and requires daily settlement of variation margin representing changes in the market value of each contract. Any assets pledged as initial margin for open contracts are noted in the Schedule of Investments.

Futures contracts are valued at their quoted daily settlement prices. The notional amounts of the contracts are not recorded in the Schedule of Investments. Fluctuations in the value of the contracts are recorded in the Statement of Assets and Liabilities as an asset (liability) and in the Statement of Operations as unrealized appreciation (depreciation) until the contracts are closed, when they are recorded as realized gains (losses) on futures contracts.

During the six months ended April 30, 2020, the fund’s average investments in long and short futures contracts each represented less than 1% of net assets, based on the average of the notional amounts at each quarter-end during the period.

4. Forward Currency Contracts: The fund enters into forward currency contracts to protect the value of securities and related receivables and payables against changes in future foreign exchange rates. The fund’s risks in using these contracts include movement in the values of the foreign currencies relative to the U.S. dollar and the ability of the counterparties to fulfill their obligations under the contracts. The fund mitigates its counterparty risk by entering into forward currency contracts only with a diverse group of prequalified counterparties, monitoring their financial strength, entering into master netting arrangements with its counterparties, and requiring its counterparties to transfer collateral as security for their performance. In the absence of a default, the collateral pledged or received by the fund cannot be repledged, resold, or rehypothecated. The master netting arrangements provide that, in the event of a counterparty’s default (including bankruptcy), the fund may terminate the forward currency contracts, determine the net amount owed by either party in accordance with its master netting arrangements, and sell or retain any collateral held up to the net amount owed to the fund under the master netting arrangements. The forward currency contracts contain provisions whereby a counterparty may terminate open contracts if the fund’s net assets decline below a certain level, triggering a payment by the fund if the fund is in a net liability position at the time of the termination. The payment amount would be reduced by any collateral the fund has pledged. Any assets pledged as collateral for open contracts are noted in the Schedule of Investments. The value of collateral received or pledged is compared daily to the value of the forward currency contracts exposure with each counterparty, and any difference, if in excess of a specified minimum transfer amount, is adjusted and settled within two business days.

Forward currency contracts are valued at their quoted daily prices obtained from an independent third party, adjusted for currency risk based on the expiration date of each contract. The notional amounts of the contracts are not recorded in the Schedule of Investments. Fluctuations in the value

150

Total International Bond Index Fund

of the contracts are recorded in the Statement of Assets and Liabilities as an asset (liability) and in the Statement of Operations as unrealized appreciation (depreciation) until the contracts are closed, when they are recorded as realized gains (losses) on forward currency contracts.

During the six months ended April 30, 2020, the fund’s average investment in forward currency contracts represented 100% of net assets, based on the average of net amounts of notional exposure at each quarter-end during the period.

The following table summarizes the fund’s derivative assets and liabilities by counterparty for derivatives subject to arrangements that provide for offsetting assets and liabilities. Exchange-traded derivatives are listed separately.

	Assets			Liabilities						Amounts Not Offset in
	Reflected in			Reflected in						the Statement of Assets						Net
	Statement of			Statement of			Net Amount			and Liabilities						Exposure3
	Assets and			Assets and			Receivable			Collateral			Collateral			(Not Less
	Liabilities1			Liabilities1			(Payable		)	Pledged2			Received2			Than $0		)
		($000	)		($000	)		($000	)		($000	)		($000	)		($000	)
Derivatives Subject to Offsetting Arrangements,by Counterparty
Bank of America, N.A.		31,636			38,703			(7,067	)		—			15,368			—
Bank of Montreal		—			1,379			(1,379	)		1,448			—			—
Barclays Bank plc		1,172			110,090			(108,918	)		64,256			—			—
BNP Paribas		67,947			335,718			(267,771	)		106,990			—			—
Citigroup Global Markets Inc. 72,901					287,846			(214,945	)		134,309			—			—
Deutsche Bank AG		25,522			88,005			(62,483	)		26,826			—			—
Goldman Sachs Bank USA		—			206			(206	)		—			—			—
HSBC Bank USA, N.A.		40,053			113,552			(73,499	)		46,657			—			—
J.P. Morgan Securities LLC		22,805			60,156			(37,351	)		42,214			—			—
Morgan Stanley Capital Services LLC		144,348			393,706			(249,358	)		62,682			—			—
Royal Bank of Canada		44,983			180,507			(135,524	)		128,748			—			—
Standard Chartered Bank		83,232			177,834			(94,602	)		44,774			—			—
State Street Bank & Trust Co.		102,042			133,774			(31,732	)		—			4,945			—
Toronto-Dominion Bank		85,672			138,160			(52,488	)		4,528			—			—
UBS AG		19,138			119,857			(100,719	)		89,560			—			—
Exchange-Traded Futures Contracts		83			217			(134	)		4,511			—			—
Total		741,534			2,179,710			(1,438,176	)		757,503			20,313			—

1 Absent an event of default or early termination, derivative assets and liabilities are presented gross and not offset in the Statement of Assets and Liabilities.

2 Securities or other assets pledged as collateral are noted in the Schedule of Investments and Statement of Assets and Liabilities. Securities or other assets received as collateral are held in a segregated account and not included in the fund’s security holdings in the Schedule of Investments.

3 Net exposure represents the net amount receivable from the counterparty in the event of default. Counterparties are not required to exchange collateral if amount is below a specified minimum transfer amount.

151

Total International Bond Index Fund

5. Federal Income Taxes: The fund intends to continue to qualify as a regulated investment company and distribute all of its taxable income. Management has analyzed the fund’s tax positions taken for all open federal income tax years (October 31, 2016–2019), and for the period ended April 30, 2020, and has concluded that no provision for federal income tax is required in the fund’s financial statements.

6. Distributions: Distributions to shareholders are recorded on the ex-dividend date. Distributions are determined on a tax basis at the fiscal year-end and may differ from net investment income and realized capital gains for financial reporting purposes.

7. Credit Facilities and Interfund Lending Program: The fund and certain other funds managed by The Vanguard Group (“Vanguard”) participate in a $4.3 billion committed credit facility provided by a syndicate of lenders pursuant to a credit agreement and, effective May 2020, an uncommitted credit facility provided by Vanguard. Both facilities may be renewed annually. Each fund is individually liable for its borrowings, if any, under the credit facilities. Borrowings may be utilized for temporary or emergency purposes, subject to the fund’s regulatory and contractual borrowing restrictions. With respect to the committed credit facility, the participating funds are charged administrative fees and an annual commitment fee of 0.10% of the undrawn committed amount of the facility; these fees are allocated to the funds based on a method approved by the fund’s board of trustees and included in Management and Administrative expenses on the fund’s Statement of Operations. Any borrowings under either facility bear interest at a rate based upon the higher of the one-month London Interbank Offered Rate (or an acceptable alternate rate, if necessary), federal funds effective rate, or overnight bank funding rate plus an agreed-upon spread, except that borrowings under the uncommitted credit facility may bear interest based upon an alternative rate agreed to by the fund and Vanguard.

In accordance with an exemptive order (the “Order”) from the SEC, the fund may participate in a joint lending and borrowing program that allows registered open-end Vanguard funds to borrow money from and lend money to each other for temporary or emergency purposes (the “Interfund Lending Program”), subject to compliance with the terms and conditions of the Order, and to the extent permitted by the fund’s investment objective and investment policies. Interfund loans and borrowings normally extend overnight, but can have a maximum duration of seven days. Loans may be called on one business day’s notice. The interest rate to be charged is governed by the conditions of the Order and internal procedures adopted by the board of trustees. The board of trustees is responsible for overseeing the Interfund Lending Program.

For the six months ended April 30, 2020, the fund did not utilize the credit facilities or the Interfund Lending Program.

8. Other: Interest income includes income distributions received from Vanguard Market Liquidity Fund and is accrued daily. Premiums and discounts on debt securities are amortized and accreted, respectively, to interest income over the lives of the respective securities, except for premiums on certain callable debt securities that are amortized to the earliest call date. Security transactions are accounted for on the date securities are bought or sold. Costs used to determine realized gains (losses) on the sale of investment securities are those of the specific securities sold.

152

Total International Bond Index Fund

Each class of shares has equal rights as to assets and earnings, except that each class separately bears certain class-specific expenses related to maintenance of shareholder accounts (included in Management and Administrative expenses) and shareholder reporting. Marketing and distribution expenses are allocated to each class of shares based on a method approved by the board of trustees. Income, other non-class-specific expenses, and gains and losses on investments are allocated to each class of shares based on its relative net assets.

B. In accordance with the terms of a Funds’ Service Agreement (the “FSA”) between Vanguard and the fund, Vanguard furnishes to the fund investment advisory, corporate management, administrative, marketing, and distribution services at Vanguard’s cost of operations (as defined by the FSA). These costs of operations are allocated to the fund based on methods and guidelines approved by the board of trustees. Vanguard does not require reimbursement in the current period for certain costs of operations (such as deferred compensation/benefits and risk/insurance costs); the fund’s liability for these costs of operations is included in Payables to Vanguard on the Statement of Assets and Liabilities, and subsequently, in May 2020, such liability was fully paid to Vanguard. All other costs of operations payable to Vanguard are generally settled twice a month.

Upon the request of Vanguard, the fund may invest up to 0.40% of its net assets as capital in Vanguard. At April 30, 2020, the fund had contributed to Vanguard capital in the amount of $6,939,000, representing less than 0.01% of the fund’s net assets and 2.78% of Vanguard’s capital received pursuant to the FSA. The fund’s trustees and officers are also directors and employees, respectively, of Vanguard.

C. Various inputs may be used to determine the value of the fund’s investments. These inputs are summarized in three broad levels for financial statement purposes. The inputs or methodologies used to value securities are not necessarily an indication of the risk associated with investing in those securities.

Level 1—Quoted prices in active markets for identical securities.

Level 2—Other significant observable inputs (including quoted prices for similar securities, interest rates, prepayment speeds, credit risk, etc.). 

Level 3—Significant unobservable inputs (including the fund’s own assumptions used to determine the fair value of investments). Any investments valued with significant unobservable inputs are noted on the Schedule of Investments.

153

Total International Bond Index Fund

The following table summarizes the market value of the fund’s investments and derivatives as of April 30, 2020, based on the inputs used to value them:

	Level 1			Level 2			Level 3			Total
		($000	)		($000	)		($000	)		($000	)
Investments
Assets
Asset-Backed/Commercial Mortgage-Backed Securities		—			5,505,838			—			5,505,838
Corporate Bonds		—			21,133,234			—			21,133,234
Sovereign Bonds		—			113,057,361			—			113,057,361
U.S. Government and Agency Obligations		—			2,618			—			2,618
Temporary Cash Investments		1,131,497			—			—			1,131,497
Total		1,131,497			139,699,051			—			140,830,548
Derivative Financial Instruments
Assets
Futures Contracts1		83			—			—			83
Forward Currency Contracts		—			741,451			—			741,451
Total		83			741,451			—			741,534
Liabilities
Futures Contracts1		217			—			—			217
Forward Currency Contracts		—			2,179,493			—			2,179,493
Total		217			2,179,493			—			2,179,710

1 Represents variation margin on the last day of the reporting period.

D. At April 30, 2020, the fair values of derivatives were reflected in the Statement of Assets and Liabilities as follows:

				Foreign
	Interest Rate			Exchange
	Contracts			Contracts			Total
Statement of Assets and Liabilities Caption		($000	)		($000	)		($000	)
Variation Margin Receivable—Futures Contracts		83			—			83
Unrealized Appreciation—Forward Currency Contracts		—			741,451			741,451
Total Assets		83			741,451			741,534
Variation Margin Payable—Futures Contracts		217			—			217
Unrealized Depreciation—Forward Currency Contracts		—			2,179,493			2,179,493
Total Liabilities		217			2,179,493			2,179,710

154

Total International Bond Index Fund

Realized net gain (loss) and the change in unrealized appreciation (depreciation) on derivatives for the six months ended April 30, 2020, were:

			Foreign
	Interest Rate		Exchange
	Contracts		Contracts		Total
Realized Net Gain (Loss) on Derivatives	($000	)	($000	)		($000	)
Futures Contracts	10,888		—			10,888
Forward Currency Contracts	—		3,170,080			3,170,080
Realized Net Gain (Loss) on Derivatives	10,888		3,170,080			3,180,968
Change in Unrealized Appreciation (Depreciation) on Derivatives
Futures Contracts	7,547		—			7,547
Forward Currency Contracts	—		1,028,832			1,028,832
Change in Unrealized Appreciation (Depreciation) on Derivatives	7,547		1,028,832			1,036,379

E. As of April 30, 2020, gross unrealized appreciation and depreciation for investments and derivatives based on cost for U.S. federal income tax purposes were as follows:

	Amount
		($000	)
Tax Cost		135,834,970
Gross Unrealized Appreciation		8,954,715
Gross Unrealized Depreciation		(5,389,611	)
Net Unrealized Appreciation (Depreciation)		3,565,104

The fund’s tax-basis capital gains and losses are determined only at the end of each fiscal year. For tax purposes, at October 31, 2019, the fund had available capital losses totaling $35,901,000 that may be carried forward indefinitely to offset future net capital gains. The fund will use these capital losses to offset net taxable capital gains, if any, realized during the year ending October 31, 2020; should the fund realize net capital losses for the year, the losses will be added to the loss carryforward balance above.

F. During the six months ended April 30, 2020, the fund purchased $30,346,192,000 of investment securities and sold $26,902,105,000 of investment securities, other than U.S. government securities and temporary cash investments. Total purchases and sales include $0 and $207,144,000, respectively, in connection with in-kind purchases and redemptions of the fund’s capital shares.

155

Total International Bond Index Fund

G. Capital share transactions for each class of shares were:

	Six Months Ended						Year Ended
	April 30, 2020						October 31, 2019
	Amount			Shares			Amount			Shares
		($000	)		(000	)		($000	)		(000	)
Investor Shares
Issued		3,271,981			286,543			2,052,911			182,791
Issued in Lieu of Cash Distributions		821,887			72,381			821,063			74,721
Redeemed1		(5,043,146	)		(440,246	)		(2,074,494	)		(188,197	)
Net Increase (Decrease)—Investor Shares		(949,278	)		(81,322	)		799,480			69,315
ETF Shares
Issued		4,044,984			70,500			10,770,965			189,839
Issued in Lieu of Cash Distributions		—			—			—			—
Redeemed		(965,169	)		(17,075	)		(111,727	)		(2,000	)
Net Increase (Decrease)—ETF Shares		3,079,815			53,425			10,659,238			187,839
Admiral Shares
Issued1		6,099,260			266,615			9,772,772			436,239
Issued in Lieu of Cash Distributions		1,363,040			60,067			1,307,627			59,467
Redeemed		(7,678,734	)		(335,370	)		(6,121,576	)		(271,396	)
Net Increase (Decrease)—Admiral Shares		(216,434	)		(8,688	)		4,958,823			224,310
Institutional Shares
Issued		7,105,218			207,237			5,578,722			165,967
Issued in Lieu of Cash Distributions		981,703			28,822			882,691			26,735
Redeemed		(6,615,141	)		(192,692	)		(2,238,471	)		(67,361	)
Net Increase (Decrease)—Institutional Shares		1,471,780			43,367			4,222,942			125,341

1 In November 2018, the fund announced changes to the availability and minimum investment criteria of the Investor and Admiral share classes. As a result, all of the outstanding Investor Shares automatically converted to Admiral Shares beginning in April 2019, with the exception of those held by Vanguard funds and certain other institutional investors. Investor Shares—Redeemed and Admiral Shares—Issued include 788 and 394 shares, respectively, in the amount of $9,000 from the conversion during the six months ended April 30, 2020. Investor Shares—Redeemed and Admiral Shares—Issued include 37,787,000 and 18,902,000 shares, respectively, in the amount of $425,025,000 from the conversion during the year ended October 31, 2019.

At April 30, 2020, several Vanguard funds and trusts managed by Vanguard or its affiliates were each a record or beneficial owner of the fund, and had a combined ownership of 43% of the fund’s net assets. If any of these shareholders were to redeem their investment in the fund, the redemption might result in an increase in the fund’s expense ratio, cause the fund to incur higher transaction costs, or lead to the realization of taxable capital gains.

H. Management has determined that no other events or transactions occurred subsequent to April 30, 2020, that would require recognition or disclosure in these financial statements.

156

Trustees Approve Advisory Arrangement

The board of trustees of Vanguard Total International Bond Index Fund has renewed the fund’s investment advisory arrangement with The Vanguard Group, Inc. (Vanguard), through its Fixed Income Group. The board determined that continuing the fund’s internalized management structure was in the best interests of the fund and its shareholders.

The board based its decision upon an evaluation of the advisor’s investment staff, portfolio management process, and performance. This evaluation included information provided to the board by Vanguard’s Portfolio Review Department, which is responsible for fund and advisor oversight and product management. The Portfolio Review Department met regularly with the advisor and made monthly presentations to the board during the fiscal year that directed the board’s focus to relevant information and topics.

The board, or an investment committee made up of board members, also received information throughout the year during advisor presentations. For each advisor presentation, the board was provided with letters and reports that included information about, among other things, the advisory firm and the advisor’s assessment of the investment environment, portfolio performance, and portfolio characteristics.

In addition, the board received monthly reports, which included a Market and Economic Report, a Fund Dashboard Monthly Summary, and a Fund Performance Report.

Prior to their meeting, the trustees were provided with a memo and materials that summarized the information they received over the course of the year. They also considered the factors discussed below, among others. However, no single factor determined whether the board approved the arrangement. Rather, it was the totality of the circumstances that drove the board’s decision.

Nature, extent, and quality of services

The board reviewed the quality of the investment management services provided to the fund since its inception in 2013, and took into account the organizational depth and stability of the advisor. The board considered that Vanguard has been managing investments for more than four decades. The Fixed Income Group adheres to a sound, disciplined investment management process; the team has considerable experience, stability, and depth.

The board concluded that Vanguard’s experience, stability, depth, and performance, among other factors, warranted continuation of the advisory arrangement.

Investment performance

The board considered the fund’s performance since its inception, including any periods of outperformance or underperformance compared with its target index and peer group. The board concluded that the performance was such that the advisory arrangement should continue.

157

Cost

The board concluded that the fund’s expense ratio was well below the average expense ratio charged by funds in its peer group and that the fund’s advisory expenses were also well below the peer-group average.

The board does not conduct a profitability analysis of Vanguard because of Vanguard’s unique structure. Unlike most other mutual fund management companies, Vanguard is owned by the funds it oversees.

The benefit of economies of scale

The board concluded that the fund’s arrangement with Vanguard ensures that the fund will realize economies of scale as it grows, with the cost to shareholders declining as fund assets increase.

The board will consider whether to renew the advisory arrangement again after a one-year period.

158

Liquidity Risk Management

Vanguard funds (except for the money market funds) have adopted and implemented a written liquidity risk management program (the “Program”) as required by Rule 22e-4 under the Investment Company Act of 1940. Rule 22e-4 requires that each fund adopt a program that is reasonably designed to assess and manage the fund’s liquidity risk, which is the risk that the fund could not meet redemption requests without significant dilution of remaining investors’ interests in the fund.

Assessment and management of a fund’s liquidity risk under the Program take into consideration certain factors, such as the fund’s investment strategy and the liquidity of its portfolio investments during normal and reasonably foreseeable stressed conditions, its short- and long-term cash-flow projections during both normal and reasonably foreseeable stressed conditions, and its cash and cash-equivalent holdings and access to other funding sources. As required by the rule, the Program includes policies and procedures for classification of fund portfolio holdings in four liquidity categories, maintaining certain levels of highly liquid investments, and limiting holdings of illiquid investments.

The board of trustees of Vanguard Charlotte Funds approved the appointment of liquidity risk management program administrators responsible for administering Vanguard Total International Bond Index Fund’s Program and for carrying out the specific responsibilities set forth in the Program, including reporting to the board on at least an annual basis regarding the Program’s operation, its adequacy, and the effectiveness of its implementation for the past year (the “Program Administrator Report”). The board has reviewed the Program Administrator Report covering the period from December 1, 2018, through December 31, 2019 (the “Review Period”). The Program Administrator Report stated that during the Review Period the Program operated and was implemented effectively to manage the fund’s liquidity risk.

159

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Connect with Vanguard^® > vanguard.com

Fund Information > 800-662-7447

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Institutional Investor Services > 800-523-1036

Text Telephone for People  

Who Are Deaf or Hard of Hearing > 800-749-7273

This material may be used in conjunction with the offering of shares of any Vanguard fund only if preceded or accompanied by the fund’s current prospectus.

You can obtain a free copy of Vanguard’s proxy voting guidelines by visiting vanguard.com/proxyreporting or by calling Vanguard at 800-662-2739. The guidelines are also available from the SEC’s website, www.sec.gov. In addition, you may obtain a free report on how your fund voted the proxies for securities it owned during the 12 months ended June 30. To get the report, visit either vanguard.com/proxyreporting or www.sec.gov.

You can review information about your fund on the SEC’s website, and you can receive copies of this information, for a fee, by sending a request via email addressed to publicinfo@sec.gov.

© 2020 The Vanguard Group, Inc.

All rights reserved.

U.S. Patent Nos. 6,879,964; 7,337,138;

7,720,749; 7,925,573; 8,090,646; 8,417,623; and 8,626,636.

Vanguard Marketing Corporation, Distributor.

Q12312 062020

 

Semiannual Report | April 30, 2020

Vanguard Global Credit Bond Fund

See the inside front cover for important information about access to your fund’s annual and semiannual shareholder reports.

Important information about access to shareholder reports

Beginning on January 1, 2021, as permitted by regulations adopted by the Securities and Exchange Commission, paper copies of your fund’s annual and semiannual shareholder reports will no longer be sent to you by mail, unless you specifically request them. Instead, you will be notified by mail each time a report is posted on the website and will be provided with a link to access the report.

If you have already elected to receive shareholder reports electronically, you will not be affected by this change and do not need to take any action. You may elect to receive shareholder reports and other communications from the fund electronically by contacting your financial intermediary (such as a broker-dealer or bank) or, if you invest directly with the fund, by calling Vanguard at one of the phone numbers on the back cover of this report or by logging on to vanguard.com.

You may elect to receive paper copies of all future shareholder reports free of charge. If you invest through a financial intermediary, you can contact the intermediary to request that you continue to receive paper copies. If you invest directly with the fund, you can call Vanguard at one of the phone numbers on the back cover of this report or log on to vanguard.com. Your election to receive paper copies will apply to all the funds you hold through an intermediary or directly with Vanguard.

Contents

About Your Fund’s Expenses	1
Financial Statements	4
Trustees Approve Advisory Arrangement	46
Liquidity Risk Management	48

About Your Fund’s Expenses

As a shareholder of the fund, you incur ongoing costs, which include costs for portfolio management, administrative services, and shareholder reports (like this one), among others. Operating expenses, which are deducted from a fund’s gross income, directly reduce the investment return of the fund.

A fund’s expenses are expressed as a percentage of its average net assets. This figure is known as the expense ratio. The following examples are intended to help you understand the ongoing costs (in dollars) of investing in your fund and to compare these costs with those of other mutual funds. The examples are based on an investment of $1,000 made at the beginning of the period shown and held for the entire period.

The accompanying table illustrates your fund’s costs in two ways:

• Based on actual fund return. This section helps you to estimate the actual expenses that you paid over the period. The ”Ending Account Value“ shown is derived from the fund‘s actual return, and the third column shows the dollar amount that would have been paid by an investor who started with $1,000 in the fund. You may use the information here, together with the amount you invested, to estimate the expenses that you paid over the period.

To do so, simply divide your account value by $1,000 (for example, an $8,600 account value divided by $1,000 = 8.6), then multiply the result by the number given for your fund under the heading ”Expenses Paid During Period.“

• Based on hypothetical 5% yearly return. This section is intended to help you compare your fund‘s costs with those of other mutual funds. It assumes that the fund had a yearly return of 5% before expenses, but that the expense ratio is unchanged. In this case—because the return used is not the fund’s actual return—the results do not apply to your investment. The example is useful in making comparisons because the Securities and Exchange Commission requires all mutual funds to calculate expenses based on a 5% return. You can assess your fund’s costs by comparing this hypothetical example with the hypothetical examples that appear in shareholder reports of other funds.

Note that the expenses shown in the table are meant to highlight and help you compare ongoing costs only and do not reflect transaction costs incurred by the fund for buying and selling securities. Further, the expenses do not include any purchase, redemption, or account service fees described in the fund prospectus. If such fees were applied to your account, your costs would be higher. Your fund does not carry a “sales load.”

The calculations assume no shares were bought or sold during the period. Your actual costs may have been higher or lower, depending on the amount of your investment and the timing of any purchases or redemptions.

You can find more information about the fund’s expenses, including annual expense ratios, in the Financial Statements section of this report. For additional information on operating expenses and other shareholder costs, please refer to your fund’s current prospectus.

1

Six Months Ended April 30, 2020

	Beginning	Ending	Expenses
	Account Value	Account Value	Paid During
Global Credit Bond Fund	10/31/2019	4/30/2020	Period
Based on Actual Fund Return
Investor Shares	$1,000.00	$1,019.45	$1.76
Admiral™ Shares	1,000.00	1,019.52	1.26
Based on Hypothetical 5% Yearly Return
Investor Shares	$1,000.00	$1,023.12	$1.76
Admiral Shares	1,000.00	1,023.62	1.26

The calculations are based on expenses incurred in the most recent six-month period. The fund’s annualized six-month expense ratios for that period are 0.35% for Investor Shares and 0.25% for Admiral Shares. The dollar amounts shown as ”Expenses Paid” are equal to the annualized expense ratio multiplied by the average account value over the period, multiplied by the number of days in the most recent six-month period, then divided by the number of days in the most recent 12-month period (182/366).

2

Global Credit Bond Fund

Fund Allocation

As of April 30, 2020

United States	58.1	%
United Kingdom	6.5
France	5.7
Canada	3.8
Australia	2.7
Japan	2.2
Germany	1.9
Mexico	1.8
Belgium	1.7
Switzerland	1.3
Indonesia	1.2
India	1.0
Brazil	1.0
Other	11.1

The table reflects the fund’s investments, except for short-term investments and derivatives.

3

Global Credit Bond Fund

Financial Statements (unaudited)

Schedule of Investments

As of April 30, 2020

The fund files its complete schedule of portfolio holdings with the Securities and Exchange Commission (SEC) for the first and third quarters of each fiscal year as an exhibit to its reports on Form N-PORT. The fund’s Form N-PORT reports are available on the SEC’s website at www.sec.gov.

				Face		Market
			Maturity	Amount		Value•
		Coupon	Date	($000	)	($000	)
Australia (2.6%)
Corporate Bonds (2.6%)
1	Aurizon Network Pty Ltd.	4.000%	6/21/24	940		632
2,3	Australia & New Zealand Banking Group Ltd.	2.950%	7/22/30	435		430
3	Commonwealth Bank of Australia	3.743%	9/12/39	300		300
1	DBNGP Finance Co. Pty Ltd.	4.225%	5/28/25	360		252
1	Macquarie Group Ltd.	3.250%	12/15/22	400		267
1,4	Macquarie Group Ltd., 3M Australian Bank
	Bill Rate + 1.150%	1.743%	12/15/22	600		388
1	Qantas Airways Ltd.	4.400%	10/10/23	510		325
5	Westpac Banking Corp.	1.125%	9/5/27	1,095		1,235
1,2	Westpac Banking Corp.	4.334%	8/16/29	1,000		679
2	Westpac Banking Corp.	2.894%	2/4/30	750		736
Total Australia (Cost $5,518)						5,244
Belgium (1.6%)
Corporate Bonds (1.6%)
	Anheuser-Busch Cos. LLC / Anheuser-Busch InBev Worldwide Inc.	4.700%	2/1/36	505		561
	Anheuser-Busch InBev Worldwide Inc.	5.450%	1/23/39	275		330
	Anheuser-Busch InBev Worldwide Inc.	3.750%	7/15/42	100		102
	Anheuser-Busch InBev Worldwide Inc.	5.550%	1/23/49	200		249
5	Belfius Bank SA	0.375%	2/13/26	1,900		1,972
Total Belgium (Cost $3,272)						3,214
Bermuda (0.6%)
Sovereign Bonds (0.6%)
2	Bermuda	4.750%	2/15/29	1,150		1,203
Total Bermuda (Cost $1,153)						1,203
Brazil (0.9%)
Corporate Bonds (0.9%)
	Embraer Netherlands Finance BV	5.050%	6/15/25	600		509
	Vale Overseas Ltd.	6.250%	8/10/26	219		240
	Vale Overseas Ltd.	6.875%	11/21/36	850		992
5	Vale SA	3.750%	1/10/23	100		110
Total Brazil (Cost $1,981)						1,851

4

Global Credit Bond Fund
				Face		Market
			Maturity	Amount		Value•
		Coupon	Date	($000	)	($000	)
Canada (3.7%)
Corporate Bonds (2.2%)
3	1011778 BC ULC / New Red Finance Inc.	3.875%	1/15/28	20		19
3	1011778 BC ULC / New Red Finance Inc.	4.375%	1/15/28	55		54
3	Air Canada	7.750%	4/15/21	18		18
3	Bombardier Inc.	7.875%	4/15/27	20		13
	Canadian Natural Resources Ltd.	2.950%	1/15/23	150		148
	Canadian Natural Resources Ltd.	3.800%	4/15/24	125		121
	Cenovus Energy Inc.	3.000%	8/15/22	15		13
	Enbridge Inc.	3.125%	11/15/29	490		471
3	Mattamy Group Corp.	4.625%	3/1/30	10		9
3	MEG Energy Corp.	6.500%	1/15/25	19		15
	Nutrien Ltd.	4.125%	3/15/35	70		74
	Royal Bank of Canada	2.550%	7/16/24	1,114		1,150
	Royal Bank of Canada	2.250%	11/1/24	70		72
6	Toronto-Dominion Bank	2.850%	3/8/24	1,650		1,231
	TransCanada PipeLines Ltd.	3.750%	10/16/23	590		613
	TransCanada PipeLines Ltd.	4.625%	3/1/34	205		218
	TransCanada PipeLines Ltd.	4.750%	5/15/38	170		185
						4,424
Sovereign Bonds (1.5%)
6	Canada	1.000%	9/1/22	1,400		1,023
6	Canada	4.000%	6/1/41	385		429
6	Canada	2.750%	12/1/48	300		300
3	Ontario Teachers’ Cadillac Fairview Properties Trust	3.875%	3/20/27	800		838
3	Ontario Teachers’ Cadillac Fairview Properties Trust	4.125%	2/1/29	350		374
						2,964
Total Canada (Cost $7,348)						7,388
Chile (0.6%)
Sovereign Bonds (0.6%)
3	Corp. Nacional del Cobre de Chile	3.000%	9/30/29	605		584
	Empresa Nacional del Petroleo	4.750%	12/6/21	600		607
Total Chile (Cost $1,111)						1,191
China (0.7%)
Sovereign Bonds (0.7%)
	Sinopec Group Overseas Development 2017 Ltd.	3.250%	9/13/27	500		527
3	Sinopec Group Overseas Development 2018 Ltd.	2.950%	11/12/29	788		810
Total China (Cost $1,288)						1,337
Colombia (0.8%)
Corporate Bonds (0.3%)
3	Grupo Aval Ltd.	4.375%	2/4/30	600		504

5

Global Credit Bond Fund
				Face		Market
			Maturity	Amount		Value•
		Coupon	Date	($000	)	($000	)
Sovereign Bonds (0.5%)
	Ecopetrol SA	5.875%	9/18/23	525		540
2	Republic of Colombia	4.500%	1/28/26	539		552
						1,092
Total Colombia (Cost $1,747)						1,596
Croatia (0.1%)
Sovereign Bonds (0.1%)
5	Republic of Croatia	1.125%	6/19/29	140		142
Total Croatia (Cost $160)						142
Dominican Republic (0.2%)
Sovereign Bonds (0.2%)
3	Dominican Republic	5.875%	1/30/60	650		512
Total Dominican Republic (Cost $643)						512
France (5.4%)
Corporate Bonds (5.4%)
5	Air Liquide Finance SA	1.250%	6/3/25	2,000		2,312
5	Airbus Finance BV	1.375%	5/13/31	470		522
2,3	BNP Paribas SA	2.819%	11/19/25	855		857
5	Carrefour SA	1.000%	5/17/27	2,400		2,660
5	Engie SA	1.375%	6/22/28	2,100		2,432
5	Orange SA	0.500%	9/4/32	1,200		1,280
5	Total Capital International SA	1.375%	10/4/29	800		922
Total France (Cost $10,767)						10,985
Germany (1.8%)
Corporate Bonds (1.8%)
7	Aroundtown SA	3.625%	4/10/31	300		373
5	E.ON SE	0.625%	11/7/31	1,300		1,401
1	Volkswagen Financial Services Australia Pty Ltd.	3.100%	4/17/23	500		325
3	Volkswagen Group of America Finance LLC	2.700%	9/26/22	650		648
5	Vonovia Finance BV	1.625%	10/7/39	500		519
2,5	Vonovia Finance BV	4.000%	12/31/49	400		445
Total Germany (Cost $3,697)						3,711
Guatemala (0.2%)
Sovereign Bonds (0.2%)
2,3	Republic of Guatemala	5.375%	4/24/32	350		356
Total Guatemala (Cost $350)						356
Honduras (0.1%)
Sovereign Bonds (0.1%)
	Republic of Honduras	6.250%	1/19/27	150		141
Total Honduras (Cost $161)						141
Hungary (0.4%)
Sovereign Bonds (0.4%)
5	Republic of Hungary	1.625%	4/28/32	700		736
Total Hungary (Cost $738)						736

6

Global Credit Bond Fund
				Face		Market
			Maturity	Amount		Value•
		Coupon	Date	($000	)	($000	)
India (0.9%)
Sovereign Bonds (0.9%)
	Export-Import Bank of India	3.875%	3/12/24	800		812
	NTPC Ltd.	3.750%	4/3/24	1,075		1,051
Total India (Cost $1,931)						1,863
Indonesia (1.2%)
Sovereign Bonds (1.2%)
3,5	Perusahaan Listrik Negara PT	1.875%	11/5/31	370		346
	Perusahaan Penerbit SBSN Indonesia III	4.350%	9/10/24	450		470
	Republic of Indonesia	3.850%	7/18/27	800		825
	Republic of Indonesia	4.100%	4/24/28	400		420
	Republic of Indonesia	4.450%	4/15/70	300		301
Total Indonesia (Cost $2,482)						2,362
Ireland (0.2%)
Asset-Backed/Commercial Mortgage-Backed Securities (0.2%)
2,3	Trafigura Securitisation Finance plc 2018-1A	3.730%	3/15/22	425		429
Total Ireland (Cost $425)						429
Israel (0.3%)
Sovereign Bonds (0.3%)
	State of Israel	4.500%	4/3/20	525		614
Total Israel (Cost $525)						614
Italy (0.1%)
Corporate Bonds (0.1%)
3	Intesa Sanpaolo SPA	3.250%	9/23/24	200		197
Total Italy (Cost $200)						197
Japan (2.1%)
Corporate Bonds (1.6%)
	Mitsubishi UFJ Financial Group Inc.	4.153%	3/7/39	260		298
	Sumitomo Mitsui Financial Group Inc.	3.748%	7/19/23	1,665		1,758
3	Takeda Pharmaceutical Co. Ltd.	2.450%	1/18/22	200		204
	Takeda Pharmaceutical Co. Ltd.	4.400%	11/26/23	250		274
	Takeda Pharmaceutical Co. Ltd.	5.000%	11/26/28	475		571
						3,105
Sovereign Bonds (0.5%)
8	Japan	0.100%	6/20/24	65,000		612
8	Japan	0.100%	12/20/26	30,000		284
8	Japan	0.100%	6/20/29	10,000		95
8	Japan	1.700%	9/20/33	6,000		68
						1,059
Total Japan (Cost $4,045)						4,164
Kazakhstan (0.3%)
Sovereign Bonds (0.3%)
	Republic of Kazakhstan	4.875%	10/14/44	500		565
Total Kazakhstan (Cost $525)						565

7

Global Credit Bond Fund
				Face		Market
			Maturity	Amount		Value•
		Coupon	Date	($000	)	($000	)
Lithuania (0.2%)
Sovereign Bonds (0.2%)
	Republic of Lithuania	6.625%	2/1/22	400		434
Total Lithuania (Cost $420)						434
Luxembourg (0.8%)
Corporate Bonds (0.8%)
5	Blackstone Property Partners Europe Holdings Sarl	0.500%	9/12/23	350		369
5	Blackstone Property Partners Europe Holdings Sarl	2.200%	7/24/25	1,200		1,309
Total Luxembourg (Cost $1,646)						1,678
Malaysia (0.4%)
Sovereign Bonds (0.4%)
3	Petronas Capital Ltd.	4.550%	4/21/50	600		654
3	Petronas Capital Ltd.	4.800%	4/21/60	200		231
Total Malaysia (Cost $800)						885
Mexico (1.7%)
Corporate Bonds (0.5%)
	Grupo Bimbo SAB de CV	4.500%	1/25/22	1,000		1,023
Sovereign Bonds (1.2%)
2	United Mexican States	4.750%	4/27/32	1,750		1,762
2	United Mexican States	5.000%	4/27/51	650		592
						2,354
Total Mexico (Cost $3,331)						3,377
Netherlands (0.1%)
Corporate Bonds (0.1%)
3	OCI NV	5.250%	11/1/24	20		20
	Shell International Finance BV	2.375%	11/7/29	190		191
3	Trivium Packaging Finance BV	5.500%	8/15/26	5		5
3	Trivium Packaging Finance BV	8.500%	8/15/27	15		15
Total Netherlands (Cost $230)						231
New Zealand (0.0%)
Corporate Bonds (0.0%)
3,4	Reynolds Group Issuer Inc. /
	Reynolds Group Issuer LLC /
	Reynolds Group Issuer Lu,
	3M USD LIBOR + 3.500%	4.719%	7/15/21	50		50
Total New Zealand (Cost $50)						50
Panama (0.3%)
Sovereign Bonds (0.3%)
2	Republic of Panama	4.500%	4/1/56	550		620
Total Panama (Cost $550)						620

8

Global Credit Bond Fund

				Face		Market
			Maturity	Amount		Value•
		Coupon	Date	($000	)	($000	)
Paraguay (0.3%)
Sovereign Bonds (0.3%)
2,3	Republic of Paraguay	5.400%	3/30/50	560		580
Total Paraguay (Cost $646)						580
Qatar (0.2%)
Sovereign Bonds (0.2%)
3	State of Qatar	4.400%	4/16/50	361		408
Total Qatar (Cost $361)						408
Romania (0.5%)
Sovereign Bonds (0.5%)
	Republic of Romania	4.375%	8/22/23	200		207
5	Republic of Romania	2.124%	7/16/31	150		142
3,5	Republic of Romania	2.000%	1/28/32	296		274
3,5	Republic of Romania	3.375%	1/28/50	486		452
Total Romania (Cost $1,218)						1,075
Russia (0.3%)
Sovereign Bonds (0.3%)
	Gazprom OAO Via Gaz Capital SA	6.510%	3/7/22	400		425
	Gazprom PJSC Via Gaz Capital SA	5.150%	2/11/26	200		215
Total Russia (Cost $637)						640
Saudi Arabia (0.3%)
Sovereign Bonds (0.3%)
9	KSA Sukuk Ltd.	3.628%	4/20/27	675		708
Total Saudi Arabia (Cost $705)						708
South Africa (0.5%)
Sovereign Bonds (0.5%)
	Republic of South Africa	4.850%	9/27/27	300		270
10	Republic of South Africa	7.000%	2/28/31	19,800		818
Total South Africa (Cost $1,413)						1,088
South Korea (0.2%)
Corporate Bonds (0.2%)
3	Hyundai Capital America	6.375%	4/8/30	315		339
Total South Korea (Cost $315)						339
Spain (0.7%)
Corporate Bonds (0.7%)
	Telefonica Emisiones SAU	4.103%	3/8/27	1,005		1,084
	Telefonica Emisiones SAU	4.665%	3/6/38	250		279
Total Spain (Cost $1,369)						1,363
Sweden (0.3%)
Corporate Bonds (0.3%)
5	Skandinaviska Enskilda Banken AB	0.625%	11/12/29	500		517
Total Sweden (Cost $553)						517

9

Global Credit Bond Fund

				Face		Market
			Maturity	Amount		Value•
		Coupon	Date	($000	)	($000	)
Switzerland (1.3%)
Corporate Bonds (1.3%)
	Credit Suisse AG	2.800%	4/8/22	700		717
	Novartis Capital Corp.	1.750%	2/14/25	150		155
	Novartis Capital Corp.	2.000%	2/14/27	150		158
	Tyco Electronics Group SA	3.500%	2/3/22	320		331
3	UBS Group Funding Jersey Ltd.	2.650%	2/1/22	400		407
3	UBS Group Funding Switzerland AG	4.125%	9/24/25	700		769
Total Switzerland (Cost $2,425)						2,537
Trinidad & Tobago (0.4%)
Sovereign Bonds (0.4%)
	Republic of Trinidad & Tobago	4.500%	8/4/26	800		745
Total Trinidad & Tobago (Cost $825)						745
Turkey (0.1%)
Sovereign Bonds (0.1%)
	Republic of Turkey	5.750%	5/11/47	325		247
Total Turkey (Cost $295)						247
United Arab Emirates (0.4%)
Sovereign Bonds (0.4%)
	Emirate of Abu Dhabi	3.125%	9/30/49	875		841
Total United Arab Emirates (Cost $899)						841
United Kingdom (6.3%)
Asset-Backed/Commercial Mortgage-Backed Securities (0.2%)
2,3,4 DELAM 2018-1, 1M USD LIBOR + 0.700%		1.418%	11/19/25	400		396
Corporate Bonds (5.2%)
	AstraZeneca plc	4.000%	1/17/29	225		266
2	Barclays plc	3.932%	5/7/25	500		521
	BAT Capital Corp.	4.700%	4/2/27	100		110
	BAT Capital Corp.	4.390%	8/15/37	625		640
	BAT Capital Corp.	4.540%	8/15/47	135		141
	BP Capital Markets plc	3.279%	9/19/27	85		88
5	BP Capital Markets plc	1.104%	11/15/34	1,050		1,021
	GlaxoSmithKline Capital plc	3.000%	6/1/24	250		268
7	Hastings Group Finance plc	3.000%	5/24/25	2,000		2,522
2,5	Heathrow Funding Ltd.	1.875%	5/23/22	2,200		2,412
2	HSBC Holdings plc	2.633%	11/7/25	540		549
	Royal Bank of Scotland Group plc	3.875%	9/12/23	400		419
2	Royal Bank of Scotland Group plc	4.269%	3/22/25	270		286
	Unilever Capital Corp.	2.600%	5/5/24	235		247
	Vodafone Group plc	3.750%	1/16/24	150		161
	Vodafone Group plc	4.125%	5/30/25	200		223
	Vodafone Group plc	5.250%	5/30/48	405		507
						10,381
Sovereign Bonds (0.9%)
7	United Kingdom	1.750%	9/7/37	300		455
7	United Kingdom	4.500%	12/7/42	180		416
7	United Kingdom	3.250%	1/22/44	150		300

10

Global Credit Bond Fund

				Face		Market
			Maturity	Amount		Value•
		Coupon	Date	($000	)	($000	)
7	United Kingdom	1.500%	7/22/47	250		389
7	United Kingdom	3.500%	7/22/68	90		267
						1,827
Total United Kingdom (Cost $12,228)						12,604
United States (55.6%)
Asset-Backed/Commercial Mortgage-Backed Securities (2.0%)
2,-3	BAMLL Commercial Mortgage Securities
	Trust 2019-BPR	3.112%	11/5/32	100		93
2	BANK 2017 - BNK7	3.175%	9/15/60	10		11
2	BANK 2019 - BN23	2.846%	12/15/52	10		10
2	BBCMS Mortgage Trust 2020-C6	2.639%	2/15/53	15		15
2	Benchmark 2019-B15 Mortgage Trust	2.859%	12/15/72	50		52
2	Benchmark 2020-B16 Mortgage Trust	2.732%	2/15/53	20		21
2	CD 2017-CD6 Commercial Mortgage Trust	3.456%	11/13/50	250		270
2	Citigroup Commercial Mortgage Trust
	2016-C2	2.575%	8/10/49	10		10
2	Citigroup Commercial Mortgage Trust
	2018-C6	4.343%	11/10/51	320		357
2	Citigroup Commercial Mortgage Trust
	2019-C7	3.042%	12/15/72	80		84
2	COMM 2013-CCRE13 Mortgage Trust	5.051%	11/10/46	135		129
2	COMM 2014-CCRE14 Mortgage Trust	4.236%	2/10/47	75		81
2	COMM 2015-CCRE27 Mortgage Trust	4.620%	10/10/48	135		125
2	CSAIL 2016-C7 Commercial Mortgage Trust	3.502%	11/15/49	10		11
2	CSAIL 2019-C18 Commercial Mortgage Trust	2.868%	12/15/52	10		10
2	DBJPM 16-C3 Mortgage Trust	2.632%	8/10/49	80		83
2	DBJPM 17-C6 Mortgage Trust	3.328%	6/10/50	20		21
2,3	EDvestinU Private Education Loan Trust
	(EDVES) 2019-A	3.580%	11/25/38	83		85
2,3	Fair Square Issuance Trust FSIT_20-A	2.900%	9/20/24	100		94
2,3	Fontaineblue Miami Beach Trust 2019-FBLU	3.144%	12/10/36	30		29
2,3	Ford Credit Auto Owner Trust 2020-1	2.540%	8/15/31	100		94
2,3,11	Freddie Mac Structured Agency Credit Risk
	Debt Notes 2018-SPI1	3.726%	2/25/48	88		87
2	GM Financial Automobile Leasing Trust
	2020-1	2.280%	6/20/24	10		10
2	GS Mortgage Securities Trust 2015-GC34	3.244%	10/10/48	10		10
2	GS Mortgage Securities Trust 2017-GS6	3.433%	5/10/50	10		11
2	GS Mortgage Securities Trust-2020-GC45	2.843%	2/13/53	50		52
2,3	Houston Galleria Mall Trust 2015-HGLR	3.087%	3/5/37	203		210
2	JP Morgan Chase Commercial Mortgage
	Securities Trust 2016-JP4	3.648%	12/15/49	10		11
2	JP Morgan Chase Commercial Mortgage
	Securities Trust 2017-JP6	3.224%	7/15/50	20		21
2	JPMBB Commercial Mortgage Securities
	Trust 2014-C19	3.997%	4/15/47	75		80
2	JPMBB Commercial Mortgage Securities
	Trust 2014-C24	3.639%	11/15/47	14		15
2	JPMBB Commercial Mortgage Securities
	Trust 2016-C1	3.311%	3/15/49	10		11

11

Global Credit Bond Fund

				Face		Market
			Maturity	Amount		Value•
		Coupon	Date	($000	)	($000	)
2	Morgan Stanley Bank of America Merrill
	Lynch Trust 2016-C29	3.058%	5/15/49	10		11
2	Morgan Stanley Capital I Trust 2016-UB11	2.782%	8/15/49	125		127
2	Morgan Stanley Captial I Trust 2016-BNK2	2.791%	11/15/49	10		10
2,3	Navient Student Loan Trust 2018-BA	3.610%	12/15/59	700		716
2,3	Santander Retail Auto Lease Trust 2020-A	2.520%	11/20/24	20		19
2,3	Stack Infrastructure Issuer LLC 2019-1A	4.540%	2/25/44	25		25
2,3	Tesla Auto Lease Trust 2018-B	4.360%	10/20/21	100		101
2,3	Textainer Marine Containers Limited 2019-A	3.960%	4/20/44	156		150
2	UBS Commercial Mortgage Trust 2019-C16	3.460%	4/15/52	30		32
2	Wells Fargo Commercial Mortgage Trust
	2015-C26	3.166%	2/15/48	100		105
2	Wells Fargo Commercial Mortgage Trust
	2015-C30	3.664%	9/15/58	260		270
2	Wells Fargo Commercial Mortgage Trust
	2015-LC22	3.839%	9/15/58	30		32
2	Wells Fargo Commercial Mortgage Trust
	2016-BNK1	2.652%	8/15/49	10		10
2	Wells Fargo Commercial Mortgage Trust
	2016-C37	3.525%	12/15/49	20		22
2	Wells Fargo Commercial Mortgage Trust
	2016-C37	3.794%	12/15/49	80		87
2	Wells Fargo Commercial Mortgage Trust
	2017-C41	3.472%	11/15/50	20		22
2	Wells Fargo Commercial Mortgage Trust
	2018-C48	4.245%	1/15/52	20		22
2	Wells Fargo Commercial Mortgage Trust
	2019-C50	3.635%	5/15/52	50		54
						4,018
Corporate Bonds (52.4%)
	3M Co.	3.700%	4/15/50	80		95
	Abbott Laboratories	4.900%	11/30/46	200		279
3	AbbVie Inc.	2.600%	11/21/24	150		156
	AbbVie Inc.	3.600%	5/14/25	650		706
3	AbbVie Inc.	2.950%	11/21/26	150		159
3	AbbVie Inc.	4.050%	11/21/39	410		451
	AbbVie Inc.	4.875%	11/14/48	285		352
3	AbbVie Inc.	4.250%	11/21/49	150		172
	AEP Transmission Co. LLC	4.250%	9/15/48	200		253
	Aflac Inc.	3.250%	3/17/25	270		291
5	Air Products and Chemicals Inc.	0.500%	5/5/28	1,060		1,169
	Air Products and Chemicals Inc.	2.700%	5/15/40	125		125
	Alexandria Real Estate Equities Inc.	4.700%	7/1/30	530		617
	Allina Health System	3.887%	4/15/49	265		298
3	Allison Transmission Inc.	5.000%	10/1/24	3		3
3	Allison Transmission Inc.	4.750%	10/1/27	34		32
	Altria Group Inc.	4.400%	2/14/26	194		216
	Altria Group Inc.	4.800%	2/14/29	440		492
	Altria Group Inc.	5.375%	1/31/44	55		63
	Altria Group Inc.	5.950%	2/14/49	25		31
3	American Builders & Contractors Supply
	Co. Inc.	5.875%	5/15/26	5		5

12

Global Credit Bond Fund

				Face		Market
			Maturity	Amount		Value•
		Coupon	Date	($000	)	($000	)
3	American Builders & Contractors Supply
	Co. Inc.	4.000%	1/15/28	25		24
12	American Express Co.	3.000%	10/30/24	775		814
	American Tower Corp.	2.900%	1/15/30	640		671
	Amgen Inc.	2.200%	2/21/27	500		515
	Amgen Inc.	2.450%	2/21/30	200		208
	Amgen Inc.	3.150%	2/21/40	225		238
	Amgen Inc.	5.150%	11/15/41	300		402
	Amgen Inc.	3.375%	2/21/50	225		245
	Appalachian Power Co.	4.500%	3/1/49	100		123
12	Apple Inc.	3.850%	8/4/46	571		694
	Aramark Services Inc.	4.750%	6/1/26	60		57
3	Arconic Corp.	6.000%	5/15/25	7		7
3	Ardagh Packaging Finance plc /
	Ardagh Holdings USA Inc.	5.250%	4/30/25	14		14
3	Asbury Automotive Group Inc.	4.500%	3/1/28	19		16
	AT&T Inc.	3.400%	5/15/25	690		731
	AT&T Inc.	3.600%	7/15/25	5		5
	AT&T Inc.	4.125%	2/17/26	107		117
	AutoZone Inc.	3.625%	4/15/25	100		107
	Ball Corp.	5.000%	3/15/22	10		10
	Ball Corp.	4.875%	3/15/26	10		11
2	Bank of America Corp.	3.864%	7/23/24	350		373
2,5	Bank of America Corp.	1.379%	2/7/25	2,650		2,958
2	Bank of America Corp.	3.366%	1/23/26	239		254
2	Bank of America Corp.	3.974%	2/7/30	325		365
2	Bank of America Corp.	2.496%	2/13/31	450		455
2	Bank of America Corp.	4.083%	3/20/51	150		180
3	Bausch Health Cos. Inc.	6.500%	3/15/22	11		11
3	Bausch Health Cos. Inc.	5.500%	11/1/25	6		6
3	Bausch Health Cos. Inc.	5.750%	8/15/27	14		15
3	Bausch Health Cos. Inc.	7.000%	1/15/28	40		41
3	Bausch Health Cos. Inc.	5.000%	1/30/28	7		7
	Becton Dickinson & Co.	4.685%	12/15/44	40		48
	Becton Dickinson & Co.	4.669%	6/6/47	40		50
3	Berkshire Hathaway Energy Co.	4.250%	10/15/50	180		229
	Berkshire Hathaway Inc.	3.125%	3/15/26	706		776
5	Berkshire Hathaway Inc.	1.625%	3/16/35	500		591
3	Berry Global Inc.	4.875%	7/15/26	40		41
	Biogen Inc.	3.150%	5/1/50	200		195
	BlackRock Inc.	1.900%	1/28/31	830		828
	Boeing Co.	2.700%	5/1/22	45		43
	Boeing Co.	2.800%	3/1/24	30		28
	Boeing Co.	4.875%	5/1/25	765		765
	Boeing Co.	5.805%	5/1/50	215		215
	Boston Scientific Corp.	4.000%	3/1/29	85		95
	BP Capital Markets America Inc.	3.245%	5/6/22	200		206
	BP Capital Markets America Inc.	3.017%	1/16/27	220		224
	BP Capital Markets America Inc.	3.588%	4/14/27	250		262
	BP Capital Markets America Inc.	3.000%	2/24/50	110		104
3	Bristol-Myers Squibb Co.	3.200%	6/15/26	290		320
3	Bristol-Myers Squibb Co.	3.400%	7/26/29	300		342
3	Bristol-Myers Squibb Co.	4.550%	2/20/48	169		229

13

Global Credit Bond Fund
				Face		Market
			Maturity	Amount		Value•
		Coupon	Date	($000	)	($000	)
3	Bristol-Myers Squibb Co.	4.250%	10/26/49	70		91
3	Burlington Coat Factory Warehouse Corp.	6.250%	4/15/25	10		10
	Burlington Northern Santa Fe LLC	3.400%	9/1/24	15		16
	Burlington Northern Santa Fe LLC	5.750%	5/1/40	175		243
	Burlington Northern Santa Fe LLC	3.550%	2/15/50	280		316
	Burlington Northern Santa Fe LLC	3.050%	2/15/51	105		109
3	Calpine Corp.	4.500%	2/15/28	38		36
3	Calpine Corp.	5.125%	3/15/28	30		29
3	Cameron LNG LLC	3.701%	1/15/39	200		196
2	Capital One Bank USA NA	2.280%	1/28/26	300		289
3	Cargo Aircraft Management Inc.	4.750%	2/1/28	10		9
3	Carnival Corp.	11.500%	4/1/23	19		20
3	Carrier Global Corp.	3.377%	4/5/40	260		231
	Caterpillar Financial Services Corp.	2.625%	3/1/23	320		331
3	CCO Holdings LLC / CCO Holdings Capital Corp.	4.750%	3/1/30	60		61
3	CCO Holdings LLC / CCO Holdings Capital Corp.	4.500%	8/15/30	23		23
	CDW LLC / CDW Finance Corp.	4.125%	5/1/25	10		10
	CDW LLC / CDW Finance Corp.	5.000%	9/1/25	6		6
	CDW LLC / CDW Finance Corp.	4.250%	4/1/28	32		32
3	Centene Corp.	4.750%	1/15/25	15		15
3	Centene Corp.	4.250%	12/15/27	30		31
	Charter Communications Operating LLC / Charter Communications Operating Capital	4.500%	2/1/24	610		662
	Charter Communications Operating LLC / Charter Communications Operating Capital	4.200%	3/15/28	540		598
	Charter Communications Operating LLC / Charter Communications Operating Capital	4.800%	3/1/50	50		56
	Cheniere Corpus Christi Holdings LLC	5.875%	3/31/25	420		433
5	Chubb INA Holdings Inc.	2.500%	3/15/38	600		715
	Chubb INA Holdings Inc.	4.350%	11/3/45	210		277
3	Churchill Downs Inc.	5.500%	4/1/27	35		33
3	Churchill Downs Inc.	4.750%	1/15/28	32		29
	Cigna Corp.	4.800%	8/15/38	715		867
	Cigna Corp.	3.400%	3/15/50	150		156
	Citigroup Inc.	3.200%	10/21/26	321		338
2	Citigroup Inc.	3.668%	7/24/28	514		549
	City of Hope	4.378%	8/15/48	160		185
3	Clean Harbors Inc.	4.875%	7/15/27	25		26
3	Clearway Energy Operating LLC	4.750%	3/15/28	29		29
	CMS Energy Corp.	3.450%	8/15/27	141		150
	Comcast Corp.	4.400%	8/15/35	325		401
	Comcast Corp.	3.250%	11/1/39	275		299
	Comcast Corp.	3.750%	4/1/40	125		143
	Comcast Corp.	4.700%	10/15/48	274		358
	CommonSpirit Health	2.760%	10/1/24	100		98
	Commonwealth Edison Co.	3.800%	10/1/42	115		134
3	CommScope Finance LLC	5.500%	3/1/24	4		4
3	CommScope Finance LLC	8.250%	3/1/27	12		12
3	CommScope Inc.	6.000%	3/1/26	12		12
	Conagra Brands Inc.	4.850%	11/1/28	175		205
	Concho Resources Inc.	4.375%	1/15/25	110		109

14

Global Credit Bond Fund
				Face		Market
			Maturity	Amount		Value•
		Coupon	Date	($000	)	($000	)
	Connecticut Light & Power Co.	3.200%	3/15/27	520		563
	Connecticut Light & Power Co.	4.000%	4/1/48	80		98
	ConocoPhillips Co.	4.300%	11/15/44	100		117
	Consolidated Edison Co. of New York Inc.	3.950%	4/1/50	100		120
	Costco Wholesale Corp.	1.375%	6/20/27	400		402
	Crown Castle International Corp.	3.700%	6/15/26	645		700
	Crown Castle International Corp.	5.200%	2/15/49	300		395
3	CSC Holdings LLC	5.375%	2/1/28	40		41
3	CSC Holdings LLC	5.750%	1/15/30	15		16
	CSX Corp.	4.750%	11/15/48	240		312
	CSX Corp.	3.800%	4/15/50	140		161
	CVS Health Corp.	2.750%	12/1/22	450		466
	CVS Health Corp.	3.700%	3/9/23	315		334
	CVS Health Corp.	3.000%	8/15/26	400		424
	CVS Health Corp.	3.625%	4/1/27	100		109
	CVS Health Corp.	4.300%	3/25/28	128		143
	CVS Health Corp.	3.250%	8/15/29	25		27
	CVS Health Corp.	4.780%	3/25/38	190		224
	CVS Health Corp.	4.125%	4/1/40	260		291
	CVS Health Corp.	5.050%	3/25/48	25		31
	CVS Health Corp.	4.250%	4/1/50	25		29
5	Danaher Corp.	2.500%	3/30/30	1,150		1,435
	DaVita Inc.	5.125%	7/15/24	35		36
3	Delta Air Lines Inc.	7.000%	5/1/25	45		46
	DH Europe Finance II Sarl	2.600%	11/15/29	125		131
	DH Europe Finance II Sarl	3.400%	11/15/49	200		220
	Diamondback Energy Inc.	3.250%	12/1/26	220		191
	Discovery Communications LLC	2.950%	3/20/23	630		648
	Discovery Communications LLC	4.900%	3/11/26	130		142
	Discovery Communications LLC	4.950%	5/15/42	150		164
	Dominion Energy Inc.	3.375%	4/1/30	200		218
	Dominion Energy South Carolina Inc.	4.600%	6/15/43	80		100
	Dow Chemical Co.	3.625%	5/15/26	160		169
	Dow Chemical Co.	4.375%	11/15/42	180		193
	DTE Electric Co.	2.250%	3/1/30	145		150
	DTE Electric Co.	2.950%	3/1/50	85		91
	DTE Energy Co.	2.600%	6/15/22	580		583
	Duke Energy Carolinas LLC	5.300%	2/15/40	90		123
	Duke Energy Carolinas LLC	4.250%	12/15/41	355		437
	Duke Energy Corp.	3.950%	8/15/47	75		88
	Duke Energy Florida LLC	3.400%	10/1/46	65		73
	Duke Energy Indiana LLC	2.750%	4/1/50	185		189
	Duke Energy Progress LLC	4.100%	5/15/42	130		158
	DuPont de Nemours Inc.	4.205%	11/15/23	270		292
	DuPont de Nemours Inc.	4.493%	11/15/25	195		215
	DuPont de Nemours Inc.	5.319%	11/15/38	80		98
3	Eagle Intermediate Global Holding BV / Ruyi US Finance LLC	7.500%	5/1/25	9		5
	Eastman Chemical Co.	3.800%	3/15/25	130		136
	Eastman Chemical Co.	4.650%	10/15/44	30		34
	Encompass Health Corp.	4.500%	2/1/28	13		13
3	Endeavor Energy Resources LP / EER Finance Inc.	5.750%	1/30/28	15		13

15

Global Credit Bond Fund
				Face		Market
			Maturity	Amount		Value•
		Coupon	Date	($000	)	($000	)
	Energy Transfer Operating LP	5.500%	6/1/27	170		171
	Energy Transfer Partners LP	4.950%	6/15/28	115		113
	Energy Transfer Partners LP	6.500%	2/1/42	65		66
	Enstar Group Ltd.	4.950%	6/1/29	375		380
	Entergy Louisiana LLC	3.250%	4/1/28	300		328
	Entergy Texas Inc.	3.550%	9/30/49	135		156
	Enterprise Products Operating LLC	3.125%	7/31/29	205		205
	Enterprise Products Operating LLC	5.950%	2/1/41	80		91
	Enterprise Products Operating LLC	4.850%	3/15/44	150		160
	Enterprise Products Operating LLC	4.250%	2/15/48	75		74
	Enterprise Products Operating LLC	4.800%	2/1/49	75		81
	EQT Corp.	3.000%	10/1/22	19		18
	Essex Portfolio LP	2.650%	3/15/32	135		131
	Evergy Inc.	2.900%	9/15/29	300		307
	Eversource Energy	2.800%	5/1/23	670		691
	Eversource Energy	3.450%	1/15/50	75		79
	Exelon Corp.	3.400%	4/15/26	85		91
	Exelon Corp.	4.450%	4/15/46	135		161
3	Expedia Group Inc.	6.250%	5/1/25	37		38
3	Expedia Group Inc.	7.000%	5/1/25	10		10
	Exxon Mobil Corp.	4.227%	3/19/40	155		182
5	Fidelity National Information Services Inc.	1.000%	12/3/28	200		217
7	Fidelity National Information Services Inc.	3.360%	5/21/31	200		280
5	Fidelity National Information Services Inc.	2.950%	5/21/39	250		314
	FirstEnergy Corp.	3.900%	7/15/27	300		328
	FirstEnergy Corp.	3.400%	3/1/50	75		79
	Fiserv Inc.	3.800%	10/1/23	10		11
	Fiserv Inc.	3.200%	7/1/26	400		428
	Fiserv Inc.	4.400%	7/1/49	60		72
	Florida Power & Light Co.	2.850%	4/1/25	95		103
	FMC Corp.	3.200%	10/1/26	125		129
	FMC Corp.	4.500%	10/1/49	45		51
	Ford Motor Co.	8.500%	4/21/23	13		13
	Ford Motor Co.	5.291%	12/8/46	10		7
	Ford Motor Credit Co. LLC	2.979%	8/3/22	6		5
	Ford Motor Credit Co. LLC	3.087%	1/9/23	32		29
	Ford Motor Credit Co. LLC	3.815%	11/2/27	12		9
	Fox Corp.	4.709%	1/25/29	645		751
	Fox Corp.	5.476%	1/25/39	255		324
3	Front Range BidCo Inc.	6.125%	3/1/28	20		19
	General Dynamics Corp.	3.250%	4/1/25	70		76
	General Dynamics Corp.	3.750%	5/15/28	520		590
	General Dynamics Corp.	4.250%	4/1/40	95		116
	General Dynamics Corp.	3.600%	11/15/42	85		98
	General Dynamics Corp.	4.250%	4/1/50	135		173
	General Electric Co.	3.450%	5/1/27	205		208
	General Mills Inc.	4.700%	4/17/48	75		99
	General Motors Co.	5.200%	4/1/45	100		80
	General Motors Financial Co. Inc.	3.150%	6/30/22	400		381
	General Motors Financial Co. Inc.	3.500%	11/7/24	400		369
	General Motors Financial Co. Inc.	4.350%	1/17/27	208		189
3	Georgia-Pacific LLC	1.750%	9/30/25	245		246
	Gilead Sciences Inc.	3.650%	3/1/26	590		664

16

Global Credit Bond Fund
				Face		Market
			Maturity	Amount		Value•
		Coupon	Date	($000	)	($000	)
	Gilead Sciences Inc.	4.150%	3/1/47	100		128
	Goldman Sachs Group Inc.	3.750%	5/22/25	819		876
2	Goldman Sachs Group Inc.	4.411%	4/23/39	237		268
1,4	Goldman Sachs Group Inc., 3M Australian Bank Bill Rate + 1.550%	2.414%	5/2/24	300		191
	Goodyear Tire & Rubber Co.	4.875%	3/15/27	35		30
3	Graphic Packaging International LLC	3.500%	3/15/28	15		14
	Hartford Financial Services Group Inc.	2.800%	8/19/29	965		990
	HCA Inc.	5.375%	2/1/25	45		48
	HCA Inc.	5.250%	6/15/26	95		106
	HCA Inc.	5.375%	9/1/26	15		16
	HCA Inc.	3.500%	9/1/30	11		11
	HCA Inc.	5.250%	6/15/49	105		125
	Healthpeak Properties Inc.	3.000%	1/15/30	645		619
3	Hill-Rom Holdings Inc.	5.000%	2/15/25	15		15
3	Hill-Rom Holdings Inc.	4.375%	9/15/27	40		41
3	Hilton Domestic Operating Co. Inc.	5.375%	5/1/25	5		5
	Hilton Domestic Operating Co. Inc.	5.125%	5/1/26	15		15
3	Hilton Domestic Operating Co. Inc.	5.750%	5/1/28	10		10
	Home Depot Inc.	3.900%	12/6/28	96		111
	Home Depot Inc.	2.950%	6/15/29	125		136
	Home Depot Inc.	4.250%	4/1/46	30		37
	Home Depot Inc.	3.900%	6/15/47	200		236
	Howmet Aerospace Inc.	6.875%	5/1/25	15		15
12	Illinois Tool Works Inc.	2.650%	11/15/26	400		435
	Intel Corp.	3.700%	7/29/25	400		449
	Intel Corp.	4.750%	3/25/50	135		188
	International Business Machines Corp.	3.300%	5/15/26	560		618
	International Business Machines Corp.	4.000%	6/20/42	50		59
	Interpublic Group of Cos. Inc.	3.750%	2/15/23	1,021		1,052
	Invesco Finance plc	5.375%	11/30/43	55		58
	Johnson Controls International plc	5.125%	9/14/45	28		32
2	JPMorgan Chase & Co.	2.083%	4/22/26	300		303
2	JPMorgan Chase & Co.	3.540%	5/1/28	1,139		1,225
2	JPMorgan Chase & Co.	3.509%	1/23/29	30		33
2	JPMorgan Chase & Co.	2.739%	10/15/30	625		646
2,5	JPMorgan Chase & Co.	1.047%	11/4/32	1,200		1,278
2	JPMorgan Chase & Co.	3.882%	7/24/38	200		225
	Kaiser Foundation Hospitals	3.150%	5/1/27	647		692
	Kimberly-Clark Corp.	3.100%	3/26/30	100		111
	Kinder Morgan Energy Partners LP	4.300%	5/1/24	625		657
	Kinder Morgan Energy Partners LP	5.800%	3/15/35	160		177
	Kinder Morgan Inc.	5.550%	6/1/45	25		29
3	Kraft Heinz Foods Co.	3.750%	4/1/30	11		11
	Kroger Co.	2.650%	10/15/26	265		276
	Kroger Co.	3.700%	8/1/27	125		140
3	L3Harris Technologies Inc.	3.850%	6/15/23	650		692
3	L3Harris Technologies Inc.	4.400%	6/15/28	650		732
	Laboratory Corp. of America Holdings	3.250%	9/1/24	200		212
3	Ladder Capital Finance Holdings LLLP / Ladder Capital Finance Corp.	4.250%	2/1/27	12		9
	Lamar Media Corp.	5.750%	2/1/26	10		10
3	Lamar Media Corp.	3.750%	2/15/28	22		20

17

Global Credit Bond Fund
				Face		Market
			Maturity	Amount		Value•
		Coupon	Date	($000	)	($000	)
3	Lamar Media Corp.	4.000%	2/15/30	10		9
3	Lamb Weston Holdings Inc.	4.625%	11/1/24	10		10
3	Lamb Weston Holdings Inc.	4.875%	11/1/26	31		31
	Lennar Corp.	4.750%	5/30/25	15		15
	Lennar Corp.	5.250%	6/1/26	40		41
3	Level 3 Financing Inc.	3.400%	3/1/27	30		30
3	Level 3 Financing Inc.	4.625%	9/15/27	67		67
3	Levi Strauss & Co.	5.000%	5/1/25	10		10
3	Live Nation Entertainment Inc.	5.625%	3/15/26	3		3
3	Live Nation Entertainment Inc.	4.750%	10/15/27	22		19
	Lockheed Martin Corp.	3.800%	3/1/45	565		679
	Lockheed Martin Corp.	4.700%	5/15/46	40		55
	Lowe’s Cos. Inc.	3.100%	5/3/27	305		323
	Lowe’s Cos. Inc.	4.050%	5/3/47	55		62
	LYB International Finance III LLC	2.875%	5/1/25	85		86
	Marathon Oil Corp.	5.200%	6/1/45	20		14
	Marathon Petroleum Corp.	4.750%	12/15/23	195		196
	Marathon Petroleum Corp.	4.700%	5/1/25	290		291
	Marathon Petroleum Corp.	3.800%	4/1/28	100		93
	Marathon Petroleum Corp.	4.750%	9/15/44	40		37
	Marriott International Inc.	5.750%	5/1/25	65		67
	Mastercard Inc.	3.650%	6/1/49	170		206
	Mastercard Inc.	3.850%	3/26/50	50		62
	McDonald’s Corp.	3.625%	9/1/49	100		109
	McKesson Corp.	3.950%	2/16/28	150		164
	Merck & Co. Inc.	3.400%	3/7/29	310		358
	MGM Growth Properties Operating Partnership LP / MGP Finance Co-Issuer Inc.	5.625%	5/1/24	10		10
	MGM Growth Properties Operating Partnership LP / MGP Finance Co-Issuer Inc.	4.500%	9/1/26	70		66
	Microsoft Corp.	2.400%	8/8/26	15		16
	Mondelez International Inc.	2.125%	4/13/23	100		102
	Mondelez International Inc.	1.500%	5/4/25	300		298
2	Morgan Stanley	2.720%	7/22/25	430		442
2	Morgan Stanley	2.188%	4/28/26	270		273
7	Morgan Stanley	2.625%	3/9/27	1,000		1,296
2	Morgan Stanley	3.591%	7/22/28	275		297
2	Morgan Stanley	2.699%	1/22/31	534		544
2	Mount Sinai Hospitals Group Inc.	3.737%	7/1/49	200		201
	MPLX LP	4.500%	4/15/38	100		90
3	Mueller Water Products Inc.	5.500%	6/15/26	25		25
5	Mylan NV	3.125%	11/22/28	650		772
	Nasdaq Inc.	3.250%	4/28/50	170		169
	National Retail Properties Inc.	3.100%	4/15/50	425		336
	National Rural Utilities Cooperative Finance Corp.	2.400%	3/15/30	180		186
	National Rural Utilities Cooperative Finance Corp.	4.300%	3/15/49	60		77
3	NCL Corp. Ltd.	3.625%	12/15/24	4		3
3	NCR Corp.	8.125%	4/15/25	5		5
3	Nestle Holdings Inc.	4.000%	9/24/48	300		379
3	Netflix Inc.	3.625%	6/15/25	5		5
	Netflix Inc.	4.875%	4/15/28	42		45

18

Global Credit Bond Fund

				Face		Market
			Maturity	Amount		Value•
		Coupon	Date	($000	)	($000	)
3	Netflix Inc.	4.875%	6/15/30	20		21
	Newmont Corp.	2.800%	10/1/29	380		389
	Newmont Corp.	2.250%	10/1/30	135		133
3	Nexstar Escrow Inc.	5.625%	7/15/27	40		38
	NextEra Energy Capital Holdings Inc.	2.750%	5/1/25	300		319
	NextEra Energy Capital Holdings Inc.	3.250%	4/1/26	454		491
	NextEra Energy Capital Holdings Inc.	3.550%	5/1/27	105		116
	NextEra Energy Capital Holdings Inc.	3.500%	4/1/29	280		318
	Noble Energy Inc.	4.200%	10/15/49	40		28
3	Nordstrom Inc.	8.750%	5/15/25	10		11
	Norfolk Southern Corp.	3.050%	5/15/50	200		200
	Northern States Power Co.	6.250%	6/1/36	144		208
	Northrop Grumman Corp.	4.400%	5/1/30	750		896
	Northrop Grumman Corp.	4.030%	10/15/47	180		216
3	Novelis Corp.	4.750%	1/30/30	7		6
	NRG Energy Inc.	7.250%	5/15/26	10		11
	NVIDIA Corp.	3.500%	4/1/50	70		80
	Occidental Petroleum Corp.	2.600%	8/13/21	15		14
	Occidental Petroleum Corp.	2.700%	8/15/22	20		17
	Omega Healthcare Investors Inc.	5.250%	1/15/26	833		824
	Oncor Electric Delivery Co. LLC	2.950%	4/1/25	445		478
	Oncor Electric Delivery Co. LLC	3.800%	9/30/47	170		211
	ONEOK Inc.	3.400%	9/1/29	130		109
	Oracle Corp.	2.500%	4/1/25	30		32
	PacifiCorp	4.150%	2/15/50	330		418
	Packaging Corp. of America	4.050%	12/15/49	50		58
3	Panther BF Aggregator 2 LP /
	Panther Finance Co. Inc.	8.500%	5/15/27	30		25
3	Parsley Energy LLC / Parsley Finance Corp.	5.250%	8/15/25	15		13
	PayPal Holdings Inc.	2.400%	10/1/24	400		414
	PECO Energy Co.	4.150%	10/1/44	130		160
	PepsiCo Inc.	3.450%	10/6/46	100		114
3	Performance Food Group Inc.	6.875%	5/1/25	10		10
3	Performance Food Group Inc.	5.500%	10/15/27	40		38
	Pfizer Inc.	3.600%	9/15/28	285		330
	Phillips 66 Partners LP	3.605%	2/15/25	50		49
	Plains All American Pipeline LP / PAA Finance Corp.	4.500%	12/15/26	160		147
3	Post Holdings Inc.	5.000%	8/15/26	20		20
3	Post Holdings Inc.	5.750%	3/1/27	10		10
3	Post Holdings Inc.	4.625%	4/15/30	10		10
	Procter & Gamble Co.	3.600%	3/25/50	40		50
5	Prologis Euro Finance LLC	1.500%	9/10/49	600		612
	Public Service Co. of Colorado	6.250%	9/1/37	160		240
	Public Service Co. of Colorado	3.200%	3/1/50	135		155
	Public Service Electric & Gas Co.	3.200%	8/1/49	100		115
	PulteGroup Inc.	5.500%	3/1/26	45		48
	PulteGroup Inc.	5.000%	1/15/27	15		16
3	Qorvo Inc.	4.375%	10/15/29	20		20
	QUALCOMM Inc.	4.300%	5/20/47	100		123
	Raytheon Technologies Corp.	3.950%	8/16/25	15		17
	Raytheon Technologies Corp.	4.625%	11/16/48	375		497

19

Global Credit Bond Fund

				Face		Market
			Maturity	Amount		Value•
		Coupon	Date	($000	)	($000	)
	Regency Energy Partners LP / Regency Energy Finance Corp.	4.500%	11/1/23	535		535
	Rockwell Collins Inc.	3.500%	3/15/27	410		437
	Sabine Pass Liquefaction LLC	6.250%	3/15/22	300		309
	Sabine Pass Liquefaction LLC	5.875%	6/30/26	210		224
	Sabra Health Care LP	5.125%	8/15/26	875		842
3	Sabre GLBL Inc.	9.250%	4/15/25	15		16
3	Sealed Air Corp.	4.000%	12/1/27	10		10
3	Securian Financial Group Inc.	4.800%	4/15/48	475		568
	Sempra Energy	3.250%	6/15/27	200		209
	Sempra Energy	3.400%	2/1/28	150		158
	Sherwin-Williams Co.	4.200%	1/15/22	183		190
	Sherwin-Williams Co.	4.500%	6/1/47	120		144
3	Silgan Holdings Inc.	4.125%	2/1/28	45		44
3	Sirius XM Radio Inc.	4.625%	7/15/24	10		10
3	Sirius XM Radio Inc.	5.000%	8/1/27	10		10
	Southern California Edison Co.	4.000%	4/1/47	70		78
	Southern California Edison Co.	4.875%	3/1/49	20		25
	Southwest Airlines Co.	2.625%	2/10/30	350		286
	Sprint Corp.	7.125%	6/15/24	30		34
	Sprint Corp.	7.625%	2/15/25	10		12
	Sprint Corp.	7.625%	3/1/26	10		12
3	SS&C Technologies Inc.	5.500%	9/30/27	13		13
	Stanley Black & Decker Inc.	2.300%	3/15/30	125		125
2,3	State Street Corp.	2.825%	3/30/23	40		41
	Steel Dynamics Inc.	3.450%	4/15/30	130		125
	Sunoco Logistics Partners Operations LP	4.250%	4/1/24	150		147
	Sysco Corp.	5.650%	4/1/25	100		112
3	T-Mobile USA Inc.	3.500%	4/15/25	535		568
	T-Mobile USA Inc.	4.500%	2/1/26	29		30
3	T-Mobile USA Inc.	4.375%	4/15/40	265		300
3	T-Mobile USA Inc.	4.500%	4/15/50	265		308
	Targa Resources Partners LP / Targa Resources Partners Finance Corp.	6.500%	7/15/27	50		45
	Target Corp.	2.250%	4/15/25	75		79
3	Tenet Healthcare Corp.	4.625%	9/1/24	5		5
3	Tenet Healthcare Corp.	7.500%	4/1/25	5		5
3	Tenet Healthcare Corp.	4.875%	1/1/26	40		40
3	Tenet Healthcare Corp.	5.125%	11/1/27	15		15
	Thermo Fisher Scientific Inc.	2.950%	9/19/26	300		326
	Toyota Motor Credit Corp.	2.900%	3/30/23	300		314
3	TransDigm Inc.	8.000%	12/15/25	5		5
3	TransDigm Inc.	6.250%	3/15/26	45		44
3	TransDigm Inc.	5.500%	11/15/27	37		31
	Travelers Cos. Inc.	2.550%	4/27/50	300		293
	Truist Bank	1.250%	3/9/23	300		299
	Truist Financial Corp.	2.500%	8/1/24	450		465
3	Twitter Inc.	3.875%	12/15/27	32		32
	Tyson Foods Inc.	3.550%	6/2/27	300		325
	Union Electric Co.	4.000%	4/1/48	65		78
	Union Electric Co.	3.250%	10/1/49	135		149
	Union Pacific Corp.	2.150%	2/5/27	640		656
	United Rentals North America Inc.	4.625%	10/15/25	55		54

20

Global Credit Bond Fund

				Face		Market
			Maturity	Amount		Value•
		Coupon	Date	($000	)	($000	)
	United Rentals North America Inc.	3.875%	11/15/27	25		24
	UnitedHealth Group Inc.	2.375%	8/15/24	525		551
	UnitedHealth Group Inc.	3.375%	4/15/27	734		807
	UnitedHealth Group Inc.	3.875%	12/15/28	270		309
	UnitedHealth Group Inc.	4.375%	3/15/42	280		346
3	Vail Resorts Inc.	6.250%	5/15/25	29		30
	Valero Energy Corp.	2.850%	4/15/25	50		50
	Valero Energy Corp.	4.350%	6/1/28	70		71
	Valero Energy Corp.	4.900%	3/15/45	30		32
	Verisk Analytics Inc.	4.000%	6/15/25	550		603
	Verizon Communications Inc.	4.400%	11/1/34	175		213
5	Verizon Communications Inc.	2.875%	1/15/38	600		811
	Verizon Communications Inc.	4.812%	3/15/39	150		190
	Verizon Communications Inc.	4.862%	8/21/46	150		202
	ViacomCBS Inc.	4.375%	3/15/43	300		290
	Virginia Electric & Power Co.	3.150%	1/15/26	75		82
	Virginia Electric & Power Co.	2.950%	11/15/26	240		258
	Virginia Electric & Power Co.	4.200%	5/15/45	50		61
3	Vistra Operations Co. LLC	5.500%	9/1/26	10		10
3	Vistra Operations Co. LLC	5.625%	2/15/27	10		10
3	Vistra Operations Co. LLC	5.000%	7/31/27	33		33
	Walt Disney Co.	3.000%	2/13/26	280		302
	Walt Disney Co.	6.650%	11/15/37	160		238
	Walt Disney Co.	4.750%	9/15/44	200		253
2	Wells Fargo & Co.	2.406%	10/30/25	581		590
2	Wells Fargo & Co.	2.188%	4/30/26	475		477
2	Wells Fargo & Co.	2.879%	10/30/30	925		945
2	Wells Fargo & Co.	3.068%	4/30/41	360		356
7	Wells Fargo Bank NA	5.250%	8/1/23	1,600		2,211
	Western Digital Corp.	4.750%	2/15/26	39		40
	Western Midstream Operating LP	4.050%	2/1/30	55		50
	Williams Cos. Inc.	6.300%	4/15/40	65		75
	WPX Energy Inc.	4.500%	1/15/30	20		16
	WRKCo Inc.	4.650%	3/15/26	295		328
	WRKCo Inc.	3.900%	6/1/28	135		145
	Xcel Energy Inc.	3.300%	6/1/25	350		374
	Xcel Energy Inc.	3.500%	12/1/49	80		86
2,5	XLIT Ltd.	3.250%	6/29/47	900		1,041
	Zimmer Biomet Holdings Inc.	3.550%	4/1/25	260		268
						105,518
Taxable Municipal Bonds (0.7%)
	California Institute of Technology	3.650%	9/1/19	400		415
13	New Jersey Economic Development Authority Revenue (State Pension Funding)	7.425%	2/15/29	550		651
	New York Metropolitan Transportation Authority Revenue (Transit Revenue)	5.871%	11/15/39	300		333
						1,399
U.S. Government and Agency Obligations (0.5%)
14,15	United States Treasury Note/Bond	1.125%	2/28/22	1,000		1,017
Total United States (Cost $108,832)						111,952

21

Global Credit Bond Fund

							Market
							Value•
				Coupon	Shares		($000	)
Temporary Cash Investments (2.9%)
16	Vanguard Market Liquidity Fund (Cost $5,791)			0.522%	57,920		5,792
					Notional
					Amount on
					Underlying
			Expiration	Exercise	Swap
		Counterparty	Date	Rate	($000	)
Options Purchased (0.0%)
Over-the-Counter Swaptions (0.0%)
Put Swaptions
30-Year Interest Rate Swap, Receives 3M USD LIBOR Quarterly, Pays 1.265% Semiannually		MSCS	3/17/22	1.265%	1,754		95
Total Options Purchased (Cost $143)							95
Total Investments (98.6%) (Cost $195,749)							198,607
Other Assets and Liabilities—Net (1.4%)15							2,794
Net Assets (100%)							201,401

Cost rounded to $000.

• See Note A in Notes to Financial Statements.

1 Face amount denominated in Australian dollars.

2 The average or expected maturity is shorter than the final maturity shown because of the possibility of interim principal payments and prepayments or the possibility of the issue being called.

3 Security exempt from registration under Rule 144A of the Securities Act of 1933. Such securities may be sold in transactions exempt from registration, normally to qualified institutional buyers. At April 30, 2020, the aggregate value of these securities was $21,946,000, representing 10.9% of net assets.

4 Adjustable-rate security; rate shown is effective rate at period end. Certain adjustable-rate securities are not based on a published reference rate and spread but are determined by the issuer or agent based on current market conditions.

5 Face amount denominated in euro.

6 Face amount denominated in Canadian dollars.

7 Face amount denominated in British pounds.

8 Face amount denominated in Japanese yen.

9 Guaranteed by the Kingdom of Saudi Arabia.

10 Face amount denominated in South African rand.

11 The issuer was placed under federal conservatorship in September 2008; since that time, its daily operations have been managed by the Federal Housing Finance Agency and it receives capital from the U.S. Treasury, as needed to maintain a positive net worth, in exchange for senior preferred stock.

12 Securities with a value of $1,384,000 have been segregated as initial margin for open futures contracts.

13 Scheduled principal and interest payments are guaranteed by National Public Finance Guarantee Corp.

14 Securities with a value of $174,000 have been segregated as collateral for open forward currency contracts and over-the-counter swap contracts.

15 Securities with a value of $610,000 and cash of $300,000 have been segregated as initial margin for open centrally cleared swap contracts.

16 Affiliated money market fund available only to Vanguard funds and certain trusts and accounts managed by Vanguard. Rate shown is the 7-day yield.

LIBOR—London Interbank Offered Rate.

MSCS—Morgan Stanley Capital Services LLC.

22

Global Credit Bond Fund

Derivative Financial Instruments Outstanding as of Period End
Options Written
				Notional
				Amount on
				Underlying		Market
	Expiration		Exercise	Swap		Value
	Counterparty	Date	Rate	($000	)	($000	)
Over-the-Counter Swaptions
Call Swaptions
10-Year Interest Rate Swap, Receives 3M USD LIBOR Quarterly, Pays 1.620% Semiannually	BNPSW	5/6/20	1.620%	439		(42)
10-Year Interest Rate Swap, Receives 3M USD LIBOR Quarterly, Pays 1.602% Semiannually	GSCM	5/5/20	1.602%	439		(42)
						(84)
Put Swaptions
10-Year Interest Rate Swap, Pays 3M USD LIBOR Quarterly, Receives 1.620% Semiannually	BNPSW	5/6/20	1.620%	439		—
10-Year Interest Rate Swap, Pays 3M USD LIBOR Quarterly, Receives 1.602% Semiannually	GSCM	5/5/20	1.602%	439		—
10-Year Interest Rate Swap, Pays 3M USD LIBOR Quarterly, Receives 1.238% Semiannually	MSCS	3/17/22	1.238%	4,865		(81)
						(81)
Total Options Written (Premiums Received $173)						(165)

BNPSW—BNP Paribas.

GSCM—Goldman Sachs Bank USA.

MSCS—Morgan Stanley Capital Services LLC.

23

Global Credit Bond Fund

Futures Contracts

				($000)
				Value and
		Number of		Unrealized
		Long (Short)	Notional	Appreciation
	Expiration	Contracts	Amount	(Depreciation)
Long Futures Contracts
2-Year U.S. Treasury Note	June 2020	56	12,344	7
Euro-Bobl	June 2020	71	10,578	56
Euro-Schatz	June 2020	16	1,969	2
Long Gilt	June 2020	9	1,561	9
10-Year Canadian Government Bond	June 2020	14	1,503	77
30-Year U.S. Treasury Bond	June 2020	3	543	—
5-Year Canadian Government Bond	June 2020	5	463	1
				152
Short Futures Contracts
10-Year U.S. Treasury Note	June 2020	(78)	(10,847)	(28)
Ultra 10-Year U.S. Treasury Note	June 2020	(33)	(5,182)	(33)
5-Year U.S. Treasury Note	June 2020	(41)	(5,145)	(3)
Euro-Bund	June 2020	(14)	(2,676)	(24)
Ultra Long U.S. Treasury Bond	June 2020	(11)	(2,473)	22
Euro-Buxl	June 2020	(5)	(1,201)	(31)
AUD 10-Year Treasury Bond	June 2020	(2)	(194)	3
				(94)
				58

Forward Currency Contracts
	Contract					Unrealized	Unrealized
Settlement			Contract Amount (000)			Appreciation	(Depreciation)
Counterparty	Date		Receive		Deliver	($000)	($000)
J.P. Morgan Securities LLC	5/5/20	EUR	4,010	USD	4,343	53	—
J.P. Morgan Securities LLC	5/5/20	EUR	3,061	USD	3,370	—	(14)
Morgan Stanley Capital Services LLC	5/5/20	EUR	2,804	USD	3,089	—	(17)
Morgan Stanley Capital Services LLC	5/5/20	EUR	2,608	USD	2,850	8	—
BNP Paribas	7/22/22	JPY	249,482	USD	2,485	—	(153)
BNP Paribas	5/4/20	GBP	1,523	USD	1,883	36	—
J.P. Morgan Securities LLC	6/2/20	EUR	1,225	USD	1,341	2	—
J.P. Morgan Securities LLC	5/4/20	GBP	835	USD	1,039	14	—
Goldman Sachs Bank USA	5/4/20	GBP	770	USD	951	18	—

24

Global Credit Bond Fund

Forward Currency Contracts (continued)

	Contract						Unrealized	Unrealized
	Settlement			Contract Amount (000)			Appreciation	(Depreciation)
Counterparty	Date			Receive		Deliver	($000)	($000)
Morgan Stanley Capital Services LLC	5/14/20		PEN	2,293	USD	680	—	(1)
J.P. Morgan Securities LLC	5/15/20	MXN		7,534	USD	305	7	—
HSBC Bank USA, N.A.	5/5/20		CAD	329	USD	233	3	—
J.P. Morgan Securities LLC	5/15/20		NZD	370	USD	220	7	—
J.P. Morgan Securities LLC	5/15/20	MXN		4,775	USD	200	—	(2)
Morgan Stanley Capital Services LLC	5/20/20		JPY	20,749	USD	193	1	—
Morgan Stanley Capital Services LLC	5/4/20		AUD	94	USD	58	3	—
Goldman Sachs Bank USA	5/5/20		CAD	28	USD	20	—	—
J.P. Morgan Securities LLC	5/20/20		CAD	16	USD	11	—	—
J.P. Morgan Securities LLC	5/5/20		USD	39,818	EUR	36,245	95	—
J.P. Morgan Securities LLC	5/4/20		USD	11,309	GBP	9,117	—	(174)
J.P. Morgan Securities LLC	6/2/20		USD	8,704	GBP	6,904	8	—
HSBC Bank USA, N.A.	5/5/20		USD	7,661	EUR	7,045	—	(59)
J.P. Morgan Securities LLC	6/2/20		USD	3,143	AUD	4,803	13	—
J.P. Morgan Securities LLC	5/4/20		USD	2,976	AUD	4,861	—	(192)
BNP Paribas	7/22/22		USD	2,485	JPY	249,482	153	—
Goldman Sachs Bank USA	5/5/20		USD	1,963	EUR	1,802	—	(11)
Morgan Stanley Capital Services LLC	5/20/20		USD	1,437	CAD	1,993	5	—
Morgan Stanley Capital Services LLC	6/2/20		USD	1,216	EUR	1,109	—	(1)
J.P. Morgan Securities LLC	5/5/20		USD	1,186	CAD	1,687	—	(26)
J.P. Morgan Securities LLC	5/7/20		USD	1,078	JPY	116,226	—	(5)
J.P. Morgan Securities LLC	5/5/20		USD	881	ZAR	15,809	28	—
J.P. Morgan Securities LLC	5/5/20		USD	729	EUR	672	—	(7)
BNP Paribas	5/14/20		USD	680	PEN	2,341	—	(13)
J.P. Morgan Securities LLC	5/20/20		USD	511	CAD	711	1	—
Barclays Bank plc	5/4/20		USD	370	GBP	297	—	(5)
HSBC Bank USA, N.A.	5/4/20		USD	313	GBP	252	—	(4)
HSBC Bank USA, N.A.	5/20/20		USD	302	AUD	475	—	(7)
J.P. Morgan Securities LLC	5/15/20		USD	200	MXN	4,783	2	—
J.P. Morgan Securities LLC	5/15/20		USD	200	MXN	4,872	—	(2)
J.P. Morgan Securities LLC	5/15/20		USD	200	NOK	2,061	—	(1)
J.P. Morgan Securities LLC	5/15/20		USD	198	AUD	315	—	(7)
Morgan Stanley Capital Services LLC	5/20/20		USD	156	CAD	217	—	—

25

Global Credit Bond Fund

Forward Currency Contracts (continued)

	Contract						Unrealized	Unrealized
	Settlement	Contract Amount (000)					Appreciation	(Depreciation)
Counterparty	Date		Receive		Deliver	($000)		($000)
J.P. Morgan Securities LLC	6/2/20	USD	124	CAD	173		—	—
J.P. Morgan Securities LLC	5/15/20	USD	120	GBP	95		—	—
Goldman Sachs Bank USA	5/20/20	USD	115	MXN	2,736	2		—
Barclays Bank plc	5/5/20	USD	27	EUR	25		—	—
J.P. Morgan Securities LLC	5/4/20	USD	3	NZD	5		—	—
J.P. Morgan Securities LLC	6/2/20	USD	3	NZD	5		—	—
							459	(701)

AUD—Australian dollar.

CAD—Canadian dollar.

EUR—euro.

GBP—British pound.

JPY—Japanese yen.

MXN—Mexican peso.

NOK—Norwegian krone.

NZD—New Zealand dollar.

PEN—Peruvian sol.

USD—U.S. dollar.

ZAR—South African rand.

Centrally Cleared Credit Default Swaps

				Periodic
				Premium		Unrealized
				Received		Appreciation
	Termination	Notional Amount		(Paid)1	Value	(Depreciation)
Reference Entity	Date		(000)	(%)	($000)	($000)
Credit Protection Sold
CDX-NA-IG-S34-V1	6/20/25	USD	9,560	1.000	63	156

1 Periodic premium received/paid quarterly.

USD—U.S. dollar.

26

Global Credit Bond Fund

Over-the-Counter Credit Default Swaps

					Remaining
				Periodic		Up-Front
				Premium		Premium
			Notional	Received		Paid	Unrealized	Unrealized
Reference	Termination		Amount	(Paid)1	Value	(Received)	Appreciation	(Depreciation)
Entity	Date	Counterparty	($000)	(%)	($000)	($000)	($000)	($000)
Credit Protection Sold/Moody’s Rating
BP plc/A1	6/20/25	BARC	2,4002	1.000	(74)	(158)	84	—
Republic of Philippines/ Baa2	6/20/25	BNPSW	970	1.000	7	(7)	14	—
Russian Federation/Ba1	6/20/25	GSI	775	1.000	(27)	(56)	29	—
					(94)	(221)	127	—
Credit Protection Purchased
Republic of Colombia	6/20/25	GSI	3,345	(1.000)	221	351	—	(130)
Republic of Colombia	6/20/25	JPMC	3,700	(1.000)	244	400	—	(156)
Republic of Colombia	6/20/25	JPMC	325	(1.000)	21	39	—	(18)
Republic of South Africa	6/20/25	MSCS	450	(1.000)	64	64	—	—
Republic of Turkey	6/20/25	JPMC	835	(1.000)	169	140	29	—
					719	994	29	(304)
					625	773	156	(304)

The notional amount represents the maximum potential amount the fund could be required to pay as a seller of credit protection if the reference entity was subject to a credit event.

1 Periodic premium received/paid quarterly.

2 Notional amount denominated in euro.

BARC—Barclays Bank plc.

BNPSW—BNP Paribas.

GSI—Goldman Sachs International.

JPMC—JPMorgan Chase Bank, N.A.

MSCS—Morgan Stanley Capital Services LLC.

At April 30, 2020, the counterparties had deposited in segregated accounts securities with a value of $798,000 and cash of $89,000 in connection with open forward currency contracts and open over -the-counter swap contracts.

27

Global Credit Bond Fund

Centrally Cleared Interest Rate Swaps

			Fixed	Floating
			Interest	Interest
			Rate	Rate		Unrealized
	Future	Notional	Received	Received		Appreciation
	Effective	Amount	(Paid)1	(Paid)2	Value	(Depreciation)
Termination Date	Date	($000)	(%)	(%)	($000)	($000)
1/29/30	N/A	136	1.550	(0.841)	12	12
2/4/30	N/A	47	1.448	(1.751)	4	4
2/19/30	N/A	148	1.558	(1.692)	13	13
2/25/30	N/A	504	1.408	(1.679)	38	37
2/27/30	N/A	116	1.261	(1.638)	7	7
4/15/30	N/A	426	(1.836)	1.219	(50)	(50)
4/15/30	N/A	173	0.815	(1.311)	3	3
					27	26

1 Fixed interest payment received/paid semiannually.

2 Based on 3M USD LIBOR as of the most recent payment date. Floating interest payment received/paid quarterly.

See accompanying Notes, which are an integral part of the Financial Statements.

28

Global Credit Bond Fund

Statement of Assets and Liabilities

As of April 30, 2020

($000s, except shares and per-share amounts)	Amount
Assets
Investments in Securities, at Value
Unaffiliated Issuers (Cost $189,958)	192,815
Affiliated Issuers (Cost $5,791)	5,792
Total Investments in Securities	198,607
Investment in Vanguard	10
Cash	29
Cash Collateral Pledged—Centrally Cleared Swap Contracts	300
Foreign Currency, at Value (Cost $177)	156
Receivables for Investment Securities Sold	5,361
Receivables for Accrued Income	1,656
Receivables for Capital Shares Issued	478
Swap Premiums Paid	994
Variation Margin Receivable—Futures Contracts	97
Variation Margin Receivable—Centrally Cleared Swap Contracts	21
Unrealized Appreciation—Forward Currency Contracts	459
Unrealized Appreciation—Over-the-Counter Swap Contracts	156
Total Assets	208,324
Liabilities
Payables for Investment Securities Purchased	5,179
Payables for Capital Shares Redeemed	191
Payables to Vanguard	25
Options Written, at Value (Premiums Received $173)	165
Swap Premiums Received	221
Variation Margin Payable—Futures Contracts	107
Variation Margin Payable—Centrally Cleared Swap Contracts	28
Unrealized Depreciation—Forward Currency Contracts	701
Unrealized Depreciation—Over-the-Counter Swap Contracts	304
Other Liabilities	2
Total Liabilities	6,923
Net Assets	201,401

29

Global Credit Bond Fund

Statement of Assets and Liabilities (continued)

At April 30, 2020, net assets consisted of:

($000s, except shares and per-share amounts)	Amount
Paid-in Capital	196,287
Total Distributable Earnings (Loss)	5,114
Net Assets	201,401
Investor Shares—Net Assets
Applicable to 3,120,250 outstanding $.001 par value shares of beneficial interest (unlimited authorization)	33,441
Net Asset Value Per Share—Investor Shares	$10.72
Admiral Shares—Net Assets
Applicable to 7,834,771 outstanding $.001 par value shares of beneficial interest (unlimited authorization)	167,960
Net Asset Value Per Share—Admiral Shares	$21.44

See accompanying Notes, which are an integral part of the Financial Statements.

30

Global Credit Bond Fund

Statement of Operations

	Six Months Ended
	April 30, 2020
	($000)
Investment Income
Income
Interest1	2,745
Total Income	2,745
Expenses
The Vanguard Group—Note B
Investment Advisory Services	13
Management and Administrative—Investor Shares	47
Management and Administrative—Admiral Shares	187
Marketing and Distribution—Investor Shares	3
Marketing and Distribution—Admiral Shares	7
Custodian Fees	23
Shareholders’ Reports—Investor Shares	2
Shareholders’ Reports—Admiral Shares	2
Total Expenses	284
Net Investment Income	2,461
Realized Net Gain (Loss)
Investment Securities Sold1	(548)
Futures Contracts	(680)
Options Purchased	51
Options Written	235
Swap Contracts	1,082
Forward Currency Contracts	1,046
Foreign Currencies	257
Realized Net Gain (Loss)	1,443
Change in Unrealized Appreciation (Depreciation)
Investment Securities1	(2,870)
Futures Contracts	(233)
Options Purchased	(17)
Options Written	(35)
Swap Contracts	107
Forward Currency Contracts	1,252
Foreign Currencies	(28)
Change in Unrealized Appreciation (Depreciation)	(1,824)
Net Increase (Decrease) in Net Assets Resulting from Operations	2,080

1 Interest income, realized net gain (loss), and change in unrealized appreciation (depreciation) from an affiliated company of the fund were $71,000, $1,000, and $1,000, respectively. Purchases and sales are for temporary cash investment purposes.

See accompanying Notes, which are an integral part of the Financial Statements.

31

Global Credit Bond Fund

Statement of Changes in Net Assets

		November 15,
	Six Months Ended	20181 to
	April 30,	October 31,
	2020	2019
	($000)	($000)
Increase (Decrease) in Net Assets
Operations
Net Investment Income	2,461	4,247
Realized Net Gain (Loss)	1,443	10,466
Change in Unrealized Appreciation (Depreciation)	(1,824)	4,510
Net Increase (Decrease) in Net Assets Resulting from Operations	2,080	19,223
Distributions2
Investor Shares	(1,691)	(573)
Admiral Shares	(9,542)	(3,184)
Total Distributions	(11,233)	(3,757)
Capital Share Transactions
Investor Shares	3,640	28,602
Admiral Shares	(1,074)	163,920
Net Increase (Decrease) from Capital Share Transactions	2,566	192,522
Total Increase (Decrease)	(6,587)	207,988
Net Assets
Beginning of Period	207,988	—
End of Period	201,401	207,988

1 Inception.

2 Certain prior period numbers have been reclassified to conform with current period presentation.

See accompanying Notes, which are an integral part of the Financial Statements.

32

Global Credit Bond Fund

Financial Highlights

Investor Shares

	Six Months	Nov. 15,
	Ended	20181 to
	April 30,	Oct. 31,
For a Share Outstanding Throughout Each Period	2020	2019
Net Asset Value, Beginning of Period	$11.09	$10.00
Investment Operations
Net Investment Income2	.119	.287
Net Realized and Unrealized Gain (Loss) on Investments	.086	1.045
Total from Investment Operations	.205	1.332
Distributions
Dividends from Net Investment Income	(.233)	(.242)
Distributions from Realized Capital Gains	(.342)	—
Total Distributions	(.575)	(.242)
Net Asset Value, End of Period	$10.72	$11.09
Total Return3	1.94%	13.46%
Ratios/Supplemental Data
Net Assets, End of Period (Millions)	$33	$31
Ratio of Total Expenses to Average Net Assets	0.35%	0.35%4
Ratio of Net Investment Income to Average Net Assets	2.22%	2.78%4
Portfolio Turnover Rate	135%	284%

The expense ratio and net investment income ratio for the current period have been annualized.

1 Inception.

2 Calculated based on average shares outstanding.

3 Total returns do not include account service fees that may have applied in the periods shown. Fund prospectuses provide information about any applicable account service fees.

4 Annualized.

See accompanying Notes, which are an integral part of the Financial Statements.

33

Global Credit Bond Fund

Financial Highlights

Admiral Shares

	Six Months		Nov. 15,
	Ended		20181 to
	April 30,		Oct. 31,
For a Share Outstanding Throughout Each Period	2020		2019
Net Asset Value, Beginning of Period	$22.19		$20.00
Investment Operations
Net Investment Income2	.248		.591
Net Realized and Unrealized Gain (Loss) on Investments	.163		2.101
Total from Investment Operations	.411		2.692
Distributions
Dividends from Net Investment Income	(.477	)	(.502	)
Distributions from Realized Capital Gains	(.684	)	—
Total Distributions	(1.161	)	(.502	)
Net Asset Value, End of Period	$21.44		$22.19
Total Return3	1.95%		13.60%
Ratios/Supplemental Data
Net Assets, End of Period (Millions)	$168		$177
Ratio of Total Expenses to Average Net Assets	0.25%		0.25%4
Ratio of Net Investment Income to Average Net Assets	2.32%		2.88%4
Portfolio Turnover Rate	135%		284%

The expense ratio and net investment income ratio for the current period have been annualized.

1 Inception.

2 Calculated based on average shares outstanding.

3 Total returns do not include account service fees that may have applied in the periods shown. Fund prospectuses provide information about any applicable account service fees.

4 Annualized.

See accompanying Notes, which are an integral part of the Financial Statements.

34

Global Credit Bond Fund

Notes to Financial Statements

Vanguard Global Credit Bond Fund is registered under the Investment Company Act of 1940 as an open-end investment company, or mutual fund. The fund offers two classes of shares: Investor Shares and Admiral Shares. Each of the share classes has different eligibility and minimum purchase requirements, and is designed for different types of investors.

Certain of the fund’s investments are in corporate debt instruments; the issuers’ abilities to meet their obligations may be affected by economic developments in their respective industries. The fund invests in securities of foreign issuers, which may subject it to investment risks not normally associated with investing in securities of U.S. corporations. To minimize the currency risk associated with investment in securities denominated in currencies other than the U.S. dollar, the fund attempts to hedge its currency exposures. Market disruptions associated with the COVID-19 pandemic have had a global impact, and uncertainty exists as to the long-term implications. Such disruptions can adversely affect assets of the fund and thus fund performance.

A. The following significant accounting policies conform to generally accepted accounting principles for U.S. investment companies. The fund consistently follows such policies in preparing its financial statements.

1. Security Valuation: Securities are valued as of the close of trading on the New York Stock Exchange (generally 4 p.m., Eastern time) on the valuation date. Bonds and temporary cash investments are valued using the latest bid prices or using valuations based on a matrix system (which considers such factors as security prices, yields, maturities, and ratings), both as furnished by independent pricing services. Structured debt securities, including mortgages and asset-backed securities, are valued using the latest bid prices or using valuations based on a matrix system that considers such factors as issuer, tranche, nominal or option-adjusted spreads, weighted average coupon, weighted average maturity, credit enhancements, and collateral. Investments in Vanguard Market Liquidity Fund are valued at that fund’s net asset value. Securities for which market quotations are not readily available, or whose values have been affected by events occurring before the fund’s pricing time but after the close of the securities’ primary markets, are valued at their fair values calculated according to procedures adopted by the board of trustees. These procedures include obtaining quotations from an independent pricing service, monitoring news to identify significant market- or security-specific events, and evaluating changes in the values of foreign market proxies (for example, ADRs, futures contracts, or exchange-traded funds), between the time the foreign markets close and the fund’s pricing time. When fair-value pricing is employed, the prices of securities used by a fund to calculate its net asset value may differ from quoted or published prices for the same securities.

2. Foreign Currency: Securities and other assets and liabilities denominated in foreign currencies are translated into U.S. dollars using exchange rates obtained from an independent third party as of the fund’s pricing time on the valuation date. Realized gains (losses) and unrealized appreciation (depreciation) on investment securities include the effects of changes in exchange rates since the securities were purchased, combined with the effects of changes in security prices. Fluctuations in the value of other assets and liabilities resulting from changes in exchange rates are recorded as unrealized foreign currency gains (losses) until the assets or liabilities are settled in cash, at which time they are recorded as realized foreign currency gains (losses).

3. Futures Contracts: The fund uses futures contracts to invest in fixed income asset classes with greater efficiency and lower cost than is possible through direct investment, to add value when these instruments are attractively priced, or to adjust sensitivity to changes in interest rates. The

35

Global Credit Bond Fund

primary risks associated with the use of futures contracts are imperfect correlation between changes in market values of bonds held by the fund and the prices of futures contracts, and the possibility of an illiquid market. Counterparty risk involving futures is mitigated because a regulated clearinghouse is the counterparty instead of the clearing broker. To further mitigate counterparty risk, the fund trades futures contracts on an exchange, monitors the financial strength of its clearing brokers and clearinghouse, and has entered into clearing agreements with its clearing brokers. The clearinghouse imposes initial margin requirements to secure the fund’s performance and requires daily settlement of variation margin representing changes in the market value of each contract. Any assets pledged as initial margin for open contracts are noted in the Schedule of Investments.

Futures contracts are valued at their quoted daily settlement prices. The notional amounts of the contracts are not recorded in the Schedule of Investments. Fluctuations in the value of the contracts are recorded in the Statement of Assets and Liabilities as an asset (liability) and in the Statement of Operations as unrealized appreciation (depreciation) until the contracts are closed, when they are recorded as realized gains (losses) on futures contracts.

During the six months ended April 30, 2020, the fund’s average investments in long and short futures contracts represented 19% and 17% of net assets, respectively, based on the average of the notional amounts at each quarter-end during the period.

4. Forward Currency Contracts: The fund enters into forward currency contracts to protect the value of securities and related receivables and payables against changes in future foreign exchange rates. The fund’s risks in using these contracts include movement in the values of the foreign currencies relative to the U.S. dollar and the ability of the counterparties to fulfill their obligations under the contracts. The fund mitigates its counterparty risk by entering into forward currency contracts only with a diverse group of prequalified counterparties, monitoring their financial strength, entering into master netting arrangements with its counterparties, and requiring its counterparties to transfer collateral as security for their performance. In the absence of a default, the collateral pledged or received by the fund cannot be repledged, resold, or rehypothecated. The master netting arrangements provide that, in the event of a counterparty’s default (including bankruptcy), the fund may terminate the forward currency contracts, determine the net amount owed by either party in accordance with its master netting arrangements, and sell or retain any collateral held up to the net amount owed to the fund under the master netting arrangements. The forward currency contracts contain provisions whereby a counterparty may terminate open contracts if the fund’s net assets decline below a certain level, triggering a payment by the fund if the fund is in a net liability position at the time of the termination. The payment amount would be reduced by any collateral the fund has pledged. Any assets pledged as collateral for open contracts are noted in the Schedule of Investments. The value of collateral received or pledged is compared daily to the value of the forward currency contracts exposure with each counterparty, and any difference, if in excess of a specified minimum transfer amount, is adjusted and settled within two business days.

Forward currency contracts are valued at their quoted daily prices obtained from an independent third party, adjusted for currency risk based on the expiration date of each contract. The notional amounts of the contracts are not recorded in the Schedule of Investments. Fluctuations in the value of the contracts are recorded in the Statement of Assets and Liabilities as an asset (liability) and in the Statement of Operations as unrealized appreciation (depreciation) until the contracts are closed, when they are recorded as realized gains (losses) on forward currency contracts.

36

Global Credit Bond Fund

During the six months ended April 30, 2020, the fund’s average investment in forward currency contracts represented 65% of net assets, based on the average of notional amounts at each quarter-end during the period.

5. Options: The fund invests in options contracts on futures to adjust its exposure to the underlying investments. The primary risk associated with purchasing options is that if interest rate move in such a way that the option is out-of-the-money, the position is worthless at expiration, and the fund loses the premium paid. The primary risk associated with selling options is that if interest rates move in such a way that the option is in-the-money, the counterparty exercises the option, and the fund loses an amount equal to the market value of the option written less the premium received.

The fund invests in options on futures, which are exchange-traded. Counterparty risk involving exchange-traded options on futures is mitigated because a regulated clearinghouse is the counterparty instead of the clearing broker. To further mitigate counterparty risk, the fund trades options on futures on an exchange, monitors the financial strength of its clearing brokers and clearinghouses, and has entered into clearing agreements with its clearing brokers.

Options are valued at their quoted daily settlement prices. The premium paid for a purchased option is recorded in the Statement of Assets and Liabilities as an asset that is subsequently adjusted daily to the current market value of the option purchased. The premium received for a written option is recorded in the Statement of Assets and Liabilities as an asset with an equal liability that is subsequently adjusted daily to the current market value of the option written. Fluctuations in the value of the options are recorded in the Statement of Operations as unrealized appreciation (depreciation) until expired, closed, or exercised, at which time realized gains (losses) are recognized.

During the six months ended April 30, 2020, the fund’s average value of investments in options purchased and options written each represented less than 1% of net assets, based on the average market values at each quarter-end during the period. The fund had no open options on futures contracts at April 30, 2020.

6. Swaptions: The fund invests in options on swaps, which are transacted over-the-counter (OTC) and not on an exchange. The fund enters into swaptions to adjust the fund’s sensitivity to interest rates or to adjust its exposure to the underlying investments. The fund may purchase a swaption from a counterparty whereby the fund has the right to enter into a swap in which the fund will pay a fixed rate and receive a floating rate, each applied to a notional amount. The fund may also sell a swaption to a counterparty whereby the fund grants the counterparty the right to enter into a swap in which the fund will pay a floating rate and receive a fixed rate, each applied to a notional amount. Swaptions also include options that allow an existing swap to be terminated or extended by one of the counterparties. Unlike exchange-traded options, which are standardized with respect to the underlying instrument, expiration date, contract size, and strike price, the terms of OTC options generally are established through negotiation with the other party to the option contract. Although this type of arrangement allows the purchaser or writer greater flexibility to tailor an option to its needs, OTC options generally involve greater credit risk than exchange-traded options. Credit risk involves the possibility that a counterparty may default on its obligation to pay net amounts due to the fund. The fund mitigates its counterparty risk by entering into swaptions with a diverse group of prequalified counterparties and monitoring their financial strength.

37

Global Credit Bond Fund

The primary risk associated with purchasing swaptions is that interest rates or the value of the underlying investments move in such a way that the swaption is out-of-the money, the position is worthless at expiration, and the fund loses the premium paid. The primary risk associated with selling swaptions is that interest rates or the value of the underlying investments move in such a way that the swaption is in-the-money, the counterparty exercises the swaption, and the resulting interest rate swap results in a negative cash flow to the fund in an amount greater than the premium received.

Swaptions are valued based on market quotations received from independent pricing services or recognized dealers. The premium paid for a purchased swaption is recorded in the Statement of Assets and Liabilities as an asset and is subsequently adjusted daily based on the current market value of the swaption. The premium received for a written swaption is recorded in the Statement of Assets and Liabilities as an asset with an equal liability and is subsequently adjusted daily based on the current market value of the swaption. Fluctuations in the value of swaptions are recorded in the Statement of Assets and Liabilities as an asset (liability) and in the Statement of Operations as unrealized appreciation (depreciation) until expired, closed, or exercised, at which time realized gains (losses) are recognized.

During the six months ended April 30, 2020, the fund’s average value of investments in swaptions purchased and swaptions written each represented less than 1% of net assets, based on the average market values at each quarter-end during the period.

7. Swap Contracts: The fund invests in credit default swaps to adjust the overall credit risk of the fund or to actively overweight or underweight credit risk to a specific issuer or group of issuers. The fund may sell credit protection through credit default swaps to simulate investments in long positions that are either unavailable or considered to be less attractively priced in the bond market. The fund may purchase credit protection through credit default swaps to reduce credit exposure to a given issuer or issuers. Under the terms of the swaps, an up-front payment may be exchanged between the seller and buyer. In addition, the seller of the credit protection receives a periodic payment of premium from the buyer that is a fixed percentage applied to a notional amount. If, for example, the reference entity is subject to a credit event (such as bankruptcy, failure to pay, or obligation acceleration) during the term of the swap, the seller agrees to either physically settle or cash settle the swap contract. If the swap is physically settled, the seller agrees to pay the buyer an amount equal to the notional amount and take delivery of a debt instrument of the reference issuer with a par amount equal to such notional amount. If the swap is cash settled, the seller agrees to pay the buyer the difference between the notional amount and the final price for the relevant debt instrument, as determined either in a market auction or pursuant to a pre-agreed-upon valuation procedure.

The fund enters into interest rate swap transactions to adjust the fund’s sensitivity to changes in interest rates and maintain the ability to generate income at prevailing market rates. Under the terms of the swaps, one party pays the other an amount that is a fixed percentage rate applied to a notional amount. In return, the counterparty agrees to pay a floating rate, which is reset periodically based on short-term interest rates, applied to the same notional amount.

The notional amounts of swap contracts are not recorded in the Schedule of Investments. Swaps are valued daily based on market quotations received from independent pricing services or recognized dealers and the change in value is recorded in the Statement of Assets and Liabilities

38

Global Credit Bond Fund

as an asset (liability) and in the Statement of Operations as unrealized appreciation (depreciation) until the seller of credit protection is required to take delivery (or, in a cash settled swap, pay the settlement amount determined) upon occurrence of a credit event, periodic payments are made, or the swap terminates, at which time realized gain (loss) is recorded. The net premium to be received or paid by the fund under swap contracts is accrued daily and recorded as realized gain (loss) over the life of the contract.

The primary risk associated with selling credit protection is that, upon the occurrence of a defined credit event, the market value of the debt instrument received by the fund (or, in a cash settled swap, the debt instruments used to determine the settlement payment by the fund) will be significantly less than the amount paid by the fund and, in a physically settled swap, the fund may receive an illiquid debt instrument. A risk associated with all types of swaps is the possibility that a counterparty may default on its obligation to pay net amounts due to the fund. The fund’s maximum amount subject to counterparty risk is the unrealized appreciation on the swap contract. The fund mitigates its counterparty risk by entering into swaps only with a diverse group of prequalified counterparties, monitoring their financial strength, entering into master netting arrangements with its counterparties, and requiring its counterparties to transfer collateral as security for their performance. In the absence of a default, the collateral pledged or received by the fund cannot be repledged, resold, or rehypothecated. In the event of a counterparty’s default (including bankruptcy), the fund may terminate any swap contracts with that counterparty, determine the net amount owed by either party in accordance with its master netting arrangements, and sell or retain any collateral held up to the net amount owed to the fund under the master netting arrangements. The swap contracts contain provisions whereby a counterparty may terminate open contracts if the fund’s net assets decline below a certain level, triggering a payment by the fund if the fund is in a net liability position at the time of the termination. The payment amount would be reduced by any collateral the fund has pledged. Any securities pledged as collateral for open contracts are noted in the Schedule of Investments. The value of collateral received or pledged is compared daily to the value of the swap contracts exposure with each counterparty, and any difference, if in excess of a specified minimum transfer amount, is adjusted and settled within two business days.

The fund enters into centrally cleared interest rate and credit default swaps to achieve the same objectives specified with respect to the equivalent over-the-counter swaps but with less counterparty risk because a regulated clearinghouse is the counterparty instead of the clearing broker or executing broker. The clearinghouse imposes initial margin requirements to secure the fund’s performance, and requires daily settlement of variation margin representing changes in the market value of each contract. To further mitigate counterparty risk, the fund trades with a diverse group of prequalified executing brokers; monitors the financial strength of its clearing brokers, executing brokers, and clearinghouse; and has entered into agreements with its clearing brokers and executing brokers.

During the six months ended April 30, 2020, the fund’s average amounts of investments in credit protection sold and credit protection purchased represented 3% and 6% of net assets, respectively, based on the average of notional amounts at each quarter-end during the period. The average amount of investments in interest rate swaps represented 3% of net assets, based on the average of notional amounts at each quarter-end during the period.

39

Global Credit Bond Fund

The following table summarizes the fund’s derivative assets and liabilities by counterparty for derivatives subject to arrangements that provide for offsetting assets and liabilities. Exchange-traded and centrally cleared derivatives are listed separately and are not subject to the offsetting arrangements.

	Assets		Liabilities				Amounts Not Offset in
	Reflected in		Reflected in				the Statement of Assets				Net
	Statement of		Statement of		Net Amount		and Liabilities				Exposure3
	Assets and		Assets and		Receivable		Collateral		Collateral		(Not Less
	Liabilities1		Liabilities1		(Payable	)	Pledged2		Received2		Than $0	)
	($000	)	($000	)	($000	)	($000	)	($000	)	($000	)
Derivatives Subject to Offsetting
Arrangements, by Counterparty
Barclays Bank plc	84		5		79		80		—		159
BNP Paribas	203		208		(5	)	72		—		—
Goldman Sachs	49		183		(134	)	22		179		—
HSBC Bank USA, N.A.	3		70		(67	)	—		—		—
JPMorgan	259		604		(345	)	—		619		—
Morgan Stanley Capital
Services LLC	112		100		12		—		89		—
Centrally Cleared
Swap Contracts	21		28		(7	)	910		—		—
Exchange-Traded
Futures Contracts	97		107		(10	)	1,384		—		—
Total	828		1,305		(477	)	2,468		887		159

1 Absent an event of default or early termination, derivative assets and liabilities are presented gross and not offset in the Statement of Assets and Liabilities.

2 Securities or other assets pledged as collateral are noted in the Schedule of Investments and Statement of Assets and Liabilities. Securities or other assets received as collateral are held in a segregated account and not included in the fund’s security holdings in the Schedule of Investments.

3 Net exposure represents the net amount receivable from the counterparty in the event of default. Counterparties are not required to exchange collateral if amount is below a specified minimum transfer amount.

8. Federal Income Taxes: The fund intends to continue to qualify as a regulated investment company and distribute all of its taxable income. Management has analyzed the fund’s tax positions taken for its open federal income tax year ended October 31, 2019, and for the period ended April 30, 2020, and has concluded that no provision for federal income tax is required in the fund’s financial statements.

9. Distributions: Distributions to shareholders are recorded on the ex-dividend date. Distributions are determined on a tax basis at the fiscal year-end and may differ from net investment income and realized capital gains for financial reporting purposes.

10. Credit Facilities and Interfund Lending Program: The fund and certain other funds managed by The Vanguard Group (“Vanguard”) participate in a $4.3 billion committed credit facility provided by a syndicate of lenders pursuant to a credit agreement and, effective May 2020, an uncommitted credit facility provided by Vanguard. Both facilities may be renewed annually. Each fund is individually liable for its borrowings, if any, under the credit facilities. Borrowings may be utilized for temporary

40

Global Credit Bond Fund

or emergency purposes, subject to the fund’s regulatory and contractual borrowing restrictions. With respect to the committed credit facility, the participating funds are charged administrative fees and an annual commitment fee of 0.10% of the undrawn committed amount of the facility; these fees are allocated to the funds based on a method approved by the fund’s board of trustees and included in Management and Administrative expenses on the fund’s Statement of Operations. Any borrowings under either facility bear interest at a rate based upon the higher of the one-month London Interbank Offered Rate (or an acceptable alternate rate, if necessary), federal funds effective rate, or overnight bank funding rate plus an agreed-upon spread, except that borrowings under the uncommitted credit facility may bear interest based upon an alternative rate agreed to by the fund and Vanguard.

In accordance with an exemptive order (the “Order”) from the SEC, the fund may participate in a joint lending and borrowing program that allows registered open-end Vanguard funds to borrow money from and lend money to each other for temporary or emergency purposes (the “Interfund Lending Program”), subject to compliance with the terms and conditions of the Order, and to the extent permitted by the fund’s investment objective and investment policies. Interfund loans and borrowings normally extend overnight, but can have a maximum duration of seven days. Loans may be called on one business day’s notice. The interest rate to be charged is governed by the conditions of the Order and internal procedures adopted by the board of trustees. The board of trustees is responsible for overseeing the Interfund Lending Program.

For the six months ended April 30, 2020, the fund did not utilize the credit facilities or the Interfund Lending Program.

11. Other: Interest income includes income distributions received from Vanguard Market Liquidity Fund and is accrued daily. Premiums and discounts on debt securities are amortized and accreted, respectively, to interest income over the lives of the respective securities, except for premiums on certain callable debt securities that are amortized to the earliest call date. Security transactions are accounted for on the date securities are bought or sold. Costs used to determine realized gains (losses) on the sale of investment securities are those of the specific securities sold.

Each class of shares has equal rights as to assets and earnings, except that each class separately bears certain class-specific expenses related to maintenance of shareholder accounts (included in Management and Administrative expenses) and shareholder reporting. Marketing and distribution expenses are allocated to each class of shares based on a method approved by the board of trustees. Income, other non-class-specific expenses, and gains and losses on investments are allocated to each class of shares based on its relative net assets.

B. In accordance with the terms of a Funds’ Service Agreement (the “FSA”) between Vanguard and the fund, Vanguard furnishes to the fund investment advisory, corporate management, administrative, marketing, and distribution services at Vanguard’s cost of operations (as defined by the FSA). These costs of operations are allocated to the fund based on methods and guidelines approved by the board of trustees and are generally settled twice a month.

Upon the request of Vanguard, the fund may invest up to 0.40% of its net assets as capital in Vanguard. At April 30, 2020, the fund had contributed to Vanguard capital in the amount of $10,000, representing less than 0.01% of the fund’s net assets and less than 0.01% of Vanguard’s capital received pursuant to the FSA. The fund’s trustees and officers are also directors and employees, respectively, of Vanguard.

41

Global Credit Bond Fund

C. Various inputs may be used to determine the value of the fund’s investments. These inputs are summarized in three broad levels for financial statement purposes. The inputs or methodologies used to value securities are not necessarily an indication of the risk associated with investing in those securities.

Level 1—Quoted prices in active markets for identical securities.

Level 2—Other significant observable inputs (including quoted prices for similar securities, interest rates, prepayment speeds, credit risk, etc.).

Level 3—Significant unobservable inputs (including the fund’s own assumptions used to determine the fair value of investments). Any investments valued with significant unobservable inputs are noted on the Schedule of Investments.

The following table summarizes the market value of the fund’s investments and derivatives as of April 30, 2020, based on the inputs used to value them:

	Level 1		Level 2		Level 3		Total
	($000	)	($000	)	($000	)	($000	)
Investments
Assets
Corporate Bonds	—		156,872		—		156,872
Sovereign Bonds	—		28,589		—		28,589
Asset-Backed/Commercial Mortgage-Backed Securities	—		4,843		—		4,843
Taxable Municipal Bonds	—		1,399		—		1,399
U.S. Government and Agency Obligations	—		1,017		—		1,017
Temporary Cash Investments	5,792		—		—		5,792
Options Purchased	—		95		—		95
Total	5,792		192,815		—		198,607
Derivative Financial Instruments
Assets
Futures Contracts1	97		—		—		97
Forward Currency Contracts	—		459		—		459
Swap Contracts	212		156		—		177
Total	118		615		—		733
Liabilities
Options Written	—		165		—		165
Futures Contracts1	107		—		—		107
Forward Currency Contracts	—		701		—		701
Swap Contracts	281		304		—		332
Total	135		1,170		—		1,305

1 Represents variation margin on the last day of the reporting period.

2 Represents variation margin on the last day of the reporting period for recently closed centrally cleared swap contracts.

42

Global Credit Bond Fund

D. At April 30, 2020, the fair values of derivatives were reflected in the Statement Assets and Liabilities as follows:

			Foreign
	Interest Rate		Exchange		Credit
	Contracts		Contracts		Contracts		Total
Statement of Assets and Liabilities Caption	($000	)	($000	)	($000	)	($000	)
Options Purchased	95		—		—		95
Swap Premiums Paid	—		—		994		994
Variation Margin Receivable—
Futures Contracts	97		—		—		97
Variation Margin Receivable—
Centrally Cleared Swap Contracts	—		—		21		21
Unrealized Appreciation—
Forward Currency Contracts	—		459		—		459
Unrealized Appreciation—
Over-the-Counter Swap Contracts	—		—		156		156
Total Assets	192		459		1,171		1,822
Options Written	165		—		—		165
Swap Premiums Received	—		—		221		221
Variation Margin Payable—
Futures Contracts	107		—		—		107
Variation Margin Payable—
Centrally Cleared Swap Contracts	—		—		28		28
Unrealized Depreciation—
Forward Currency Contracts	—		701		—		701
Unrealized Depreciation—
Over-the-Counter Swap Contracts	—		—		304		304
Total Liabilities	272		701		553		1,526

43

Global Credit Bond Fund

Realized net gain (loss) and the change in unrealized appreciation (depreciation) on derivatives for the six months ended April 30, 2020, were:

			Foreign
	Interest Rate		Exchange		Credit
	Contracts		Contracts		Contracts		Total
Realized Net Gain (Loss) on Derivatives	($000	)	($000	)	($000	)	($000	)
Futures Contracts	680		—		—		680
Options Purchased	93		—		(42	)	51
Options Written	149		—		86		235
Swap Contracts	(53	)	—		1,135		1,082
Forward Currency Contracts	—		1,046		—		1,046
Realized Net Gain (Loss) on Derivatives	869		1,046		1,179		3,094
Change in Unrealized Appreciation (Depreciation) on Derivatives
Futures Contracts	(233	)	—		—		(233	)
Options Purchased	(36	)	—		19		(17	)
Options Written	(8	)	—		(27	)	(35	)
Swap Contracts	58		—		49		107
Forward Currency Contracts	—		1,252		—		1,252
Change in Unrealized Appreciation (Depreciation) on Derivatives	(219	)	1,252		41		1,074

E. As of April 30, 2020, gross unrealized appreciation and depreciation for investments and derivatives based on cost for U.S. federal income tax purposes were as follows:

	Amount
	($000	)
Tax Cost	196,922
Gross Unrealized Appreciation	7,271
Gross Unrealized Depreciation	(5,128	)
Net Unrealized Appreciation (Depreciation)	2,143

F. During the six months ended April 30, 2020, the fund purchased $254,567,000 of investment securities and sold $260,025,000 of investment securities, other than U.S. government securities and temporary cash investments. Purchases and sales of U.S. government securities were $17,194,000 and $20,005,000, respectively.

44

Global Credit Bond Fund

G. Capital share transactions for each class of shares were:

	Six Months Ended				November 15, 20181 to
	April 30, 2020				October 31, 2019
	Amount		Shares		Amount		Shares
	($000	)	(000	)	($000	)	(000	)
Investor Shares
Issued	17,704		1,646		60,830		5,921
Issued in Lieu of Cash Distributions	1,393		132		478		45
Redeemed	(15,457	)	(1,451	)	(32,706	)	(3,173	)
Net Increase (Decrease)—Investor Shares	3,640		327		28,602		2,793
Admiral Shares
Issued	59,461		2,752		201,821		9,744
Issued in Lieu of Cash Distributions	7,840		370		2,559		120
Redeemed	(68,375	)	(3,263	)	(40,460	)	(1,888	)
Net Increase (Decrease)—Admiral Shares	(1,074	)	(141	)	163,920		7,976

1 Inception.

H. Management has determined that no other events or transactions occurred subsequent to April 30, 2020, that would require recognition or disclosure in these financial statements.

45

Trustees Approve Advisory Arrangement

The board of trustees of Vanguard Global Credit Bond Fund has renewed the fund’s investment advisory arrangement with The Vanguard Group, Inc. (Vanguard), through its Fixed Income Group. The board determined that continuing the fund’s internalized management structure was in the best interests of the fund and its shareholders.

The board based its decision upon an evaluation of the advisor’s investment staff, portfolio management process, and performance. This evaluation included information provided to the board by Vanguard’s Portfolio Review Department, which is responsible for fund and advisor oversight and product management. The Portfolio Review Department met regularly with the advisor and made monthly presentations to the board during the fiscal year that directed the board’s focus to relevant information and topics.

The board, or an investment committee made up of board members, also received information throughout the year during advisor presentations. For each advisor presentation, the board was provided with letters and reports that included information about, among other things, the advisory firm and the advisor’s assessment of the investment environment, portfolio performance, and portfolio characteristics.

In addition, the board received monthly reports, which included a Market and Economic Report, a Fund Dashboard Monthly Summary, and a Fund Performance Report.

Prior to their meeting, the trustees were provided with a memo and materials that summarized the information they received over the course of the year. They also considered the factors discussed below, among others. However, no single factor determined whether the board approved the arrangement. Rather, it was the totality of the circumstances that drove the board’s decision.

Nature, extent, and quality of services

The board reviewed the quality of the investment management services provided to the fund since its inception in 2018, and took into account the organizational depth and stability of the advisor. The board considered that Vanguard has been managing investments for more than four decades. The Fixed Income Group adheres to a sound, disciplined investment management process; the team has considerable experience, stability, and depth.

The board concluded that Vanguard’s experience, stability, depth, and performance, among other factors, warranted continuation of the advisory arrangement.

Investment performance

The board considered the fund’s performance since its inception, including any periods of outperformance or underperformance compared with a relevant benchmark index and peer group. The board concluded that the performance was such that the advisory arrangement should continue.

Cost

The board concluded that the fund’s estimated expense ratio was well below the average expense ratio charged by funds in its peer group and that the fund’s estimated advisory expenses were also well below the peer-group average.

The board does not conduct a profitability analysis of Vanguard because of Vanguard’s unique structure. Unlike most other mutual fund management companies, Vanguard is owned by the funds it oversees.

46

The benefit of economies of scale

The board concluded that the fund’s arrangement with Vanguard ensures that the fund will realize economies of scale as it grows, with the cost to shareholders declining as fund assets increase.

The board will consider whether to renew the advisory arrangement again after a one-year period.

47

Liquidity Risk Management

Vanguard funds (except for the money market funds) have adopted and implemented a written liquidity risk management program (the “Program”) as required by Rule 22e-4 under the Investment Company Act of 1940. Rule 22e-4 requires that each fund adopt a program that is reasonably designed to assess and manage the fund’s liquidity risk, which is the risk that the fund could not meet redemption requests without significant dilution of remaining investors’ interests in the fund.

Assessment and management of a fund’s liquidity risk under the Program take into consideration certain factors, such as the fund’s investment strategy and the liquidity of its portfolio investments during normal and reasonably foreseeable stressed conditions, its short- and long-term cash-flow projections during both normal and reasonably foreseeable stressed conditions, and its cash and cash-equivalent holdings and access to other funding sources. As required by the rule, the Program includes policies and procedures for classification of fund portfolio holdings in four liquidity categories, maintaining certain levels of highly liquid investments, and limiting holdings of illiquid investments.

The board of trustees of Vanguard Charlotte Funds approved the appointment of liquidity risk management program administrators responsible for administering Vanguard Global Credit Bond Fund’s Program and for carrying out the specific responsibilities set forth in the Program, including reporting to the board on at least an annual basis regarding the Program’s operation, its adequacy, and the effectiveness of its implementation for the past year (the “Program Administrator Report”). The board has reviewed the Program Administrator Report covering the period from December 1, 2018, through December 31, 2019 (the “Review Period”). The Program Administrator Report stated that during the Review Period the Program operated and was implemented effectively to manage the fund’s liquidity risk.

48

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This material may be used in conjunction with the offering of shares of any Vanguard fund only if preceded or accompanied by the fund’s current prospectus.

You can obtain a free copy of Vanguard’s proxy voting guidelines by visiting vanguard.com/proxyreporting or by calling Vanguard at 800-662-2739. The guidelines are also available from the SEC’s website, www.sec.gov. In addition, you may obtain a free report on how your fund voted the proxies for securities it owned during the 12 months ended June 30. To get the report, visit either vanguard.com/proxyreporting or www.sec.gov.

You can review information about your fund on the SEC’s website, and you can receive copies of this information, for a fee, by sending a request via email addressed to publicinfo@sec.gov.

© 2020 The Vanguard Group, Inc.

All rights reserved.

Vanguard Marketing Corporation, Distributor.

Q20252 062020

Item 2: Code of Ethics.

Not applicable.

Item 3: Audit Committee Financial Expert.

Not applicable.

Item 4: Principal Accountant Fees and Services.

(a)       Audit Fees.

Not applicable.

Item 5: Audit Committee of Listed Registrants.

Not applicable.

Item 6: Investments.

Not applicable.

Item 7: Disclosure of Proxy Voting Policies and Procedures for Closed-End Management Investment Companies.

Not applicable.

Item 8: Portfolio Managers of Closed-End Management Investment Companies.

Not applicable.

Item 9: Purchase of Equity Securities by Closed-End Management Investment Company and Affiliated Purchasers.

Not applicable.

Item 10: Submission of Matters to a Vote of Security Holders.

Not applicable.

Item 11: Controls and Procedures.

(a) Disclosure Controls and Procedures. The Principal Executive and Financial Officers concluded that the Registrant’s Disclosure Controls and Procedures are effective based on their evaluation of the Disclosure Controls and Procedures as of a date within 90 days of the filing date of this report.

(b) Internal Control Over Financial Reporting. There were no significant changes in Registrant’s Internal Control Over Financial Reporting or in other factors that could significantly affect this control subsequent to the date of the evaluation, including any corrective actions with regard to significant deficiencies and material weaknesses.

Item 12: Disclosure of Securities Lending Activities for Closed-End Management Investment Companies.

Not applicable.

Item 13: Exhibits.

(a) Certifications.

Pursuant to the requirements of the Securities Exchange Act of 1934 and the Investment Company Act of 1940, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.

VANGUARD CHARLOTTE FUNDS

BY:        /s/ MORTIMER J. BUCKLEY*

___________________________

MORTIMER J. BUCKLEY

CHIEF EXECUTIVE OFFICER

Date: June 18, 2020

Pursuant to the requirements of the Securities Exchange Act of 1934 and the Investment Company Act of 1940, this report has been signed below by the following persons on behalf of the registrant and in the capacities and on the dates indicated.

VANGUARD CHARLOTTE FUNDS

BY:        /s/ MORTIMER J. BUCKLEY*

___________________________

MORTIMER J. BUCKLEY

CHIEF EXECUTIVE OFFICER

Date: June 18, 2020

VANGUARD CHARLOTTE FUNDS

BY:         /s/ JOHN BENDL*

___________________________

JOHN BENDL

CHIEF FINANCIAL OFFICER

Date: June 18, 2020

* By: /s/ Anne E. Robinson

Anne E. Robinson, pursuant to a Power of Attorney filed on January 18, 2018(see file Number 33-32216) and a Power of Attorney filed on October 30, 2019(see file Number 811-02554), Incorporated by Reference.