American Century Investments®
Quarterly Portfolio Holdings
Avantis® Core Fixed Income ETF (AVIG)
May 31, 2024
| Avantis Core Fixed Income ETF - Schedule of Investments | ||
| MAY 31, 2024 (UNAUDITED) | ||
| Principal Amount ($)/Shares | Value ($) | |||||||
| CORPORATE BONDS — 62.9% | ||||||||
| Aerospace and Defense — 1.6% | ||||||||
| Boeing Co., 2.20%, 2/4/26 | 710,000 | 666,633 | ||||||
| Boeing Co., 5.04%, 5/1/27 | 635,000 | 620,782 | ||||||
| General Dynamics Corp., 3.625%, 4/1/30 | 355,000 | 330,482 | ||||||
| General Dynamics Corp., 4.25%, 4/1/40 | 1,353,000 | 1,191,182 | ||||||
| Huntington Ingalls Industries, Inc., 3.48%, 12/1/27 | 1,115,000 | 1,044,996 | ||||||
| Lockheed Martin Corp., 3.55%, 1/15/26 | 338,000 | 329,562 | ||||||
| Lockheed Martin Corp., 5.10%, 11/15/27 | 200,000 | 201,080 | ||||||
| Lockheed Martin Corp., 3.90%, 6/15/32 | 678,000 | 628,192 | ||||||
| Lockheed Martin Corp., 5.25%, 1/15/33 | 2,423,000 | 2,456,147 | ||||||
| Lockheed Martin Corp., 4.75%, 2/15/34 | 400,000 | 387,623 | ||||||
| Lockheed Martin Corp., 4.50%, 5/15/36 | 1,588,000 | 1,479,322 | ||||||
Northrop Grumman Corp., 2.93%, 1/15/25(1) | 170,000 | 167,279 | ||||||
| Precision Castparts Corp., 3.25%, 6/15/25 | 630,000 | 617,383 | ||||||
| RTX Corp., 3.50%, 3/15/27 | 215,000 | 205,925 | ||||||
| RTX Corp., 6.05%, 6/1/36 | 175,000 | 181,247 | ||||||
| RTX Corp., 4.45%, 11/16/38 | 250,000 | 220,914 | ||||||
| Textron, Inc., 3.65%, 3/15/27 | 61,000 | 58,301 | ||||||
| Textron, Inc., 3.90%, 9/17/29 | 150,000 | 140,014 | ||||||
| Textron, Inc., 2.45%, 3/15/31 | 489,000 | 408,087 | ||||||
| 11,335,151 | ||||||||
| Air Freight and Logistics — 0.2% | ||||||||
| United Parcel Service, Inc., 6.20%, 1/15/38 | 510,000 | 553,665 | ||||||
| United Parcel Service, Inc., 4.875%, 11/15/40 | 761,000 | 716,315 | ||||||
| 1,269,980 | ||||||||
| Automobiles — 1.0% | ||||||||
| American Honda Finance Corp., 1.00%, 9/10/25 | 200,000 | 189,211 | ||||||
| American Honda Finance Corp., 1.30%, 9/9/26 | 300,000 | 275,096 | ||||||
| American Honda Finance Corp., 2.35%, 1/8/27 | 762,000 | 712,140 | ||||||
| American Honda Finance Corp., 2.00%, 3/24/28 | 250,000 | 223,810 | ||||||
| American Honda Finance Corp., 5.125%, 7/7/28 | 180,000 | 180,493 | ||||||
| General Motors Co., 4.00%, 4/1/25 | 100,000 | 98,589 | ||||||
| General Motors Co., 4.20%, 10/1/27 | 322,000 | 309,413 | ||||||
| General Motors Financial Co., Inc., 4.35%, 4/9/25 | 100,000 | 98,862 | ||||||
| General Motors Financial Co., Inc., 6.05%, 10/10/25 | 350,000 | 351,860 | ||||||
| General Motors Financial Co., Inc., 4.00%, 10/6/26 | 350,000 | 338,257 | ||||||
| General Motors Financial Co., Inc., 5.65%, 1/17/29 | 400,000 | 400,893 | ||||||
| General Motors Financial Co., Inc., 2.35%, 1/8/31 | 90,000 | 73,476 | ||||||
| General Motors Financial Co., Inc., 6.40%, 1/9/33 | 410,000 | 424,582 | ||||||
| Toyota Motor Corp., 2.36%, 3/25/31 | 221,000 | 189,148 | ||||||
| Toyota Motor Credit Corp., 3.95%, 6/30/25 | 1,095,000 | 1,080,149 | ||||||
| Toyota Motor Credit Corp., 3.05%, 3/22/27 | 465,000 | 440,770 | ||||||
| Toyota Motor Credit Corp., 1.90%, 4/6/28 | 200,000 | 178,789 | ||||||
| Toyota Motor Credit Corp., 2.15%, 2/13/30 | 150,000 | 128,613 | ||||||
| Toyota Motor Credit Corp., 3.375%, 4/1/30 | 965,000 | 884,427 | ||||||
| Toyota Motor Credit Corp., 1.65%, 1/10/31 | 957,000 | 771,851 | ||||||
| 7,350,429 | ||||||||
| Banks — 8.6% | ||||||||
| African Development Bank, 0.875%, 3/23/26 | 1,035,000 | 961,900 | ||||||
| African Development Bank, 4.375%, 11/3/27 | 450,000 | 444,775 | ||||||
| Asian Development Bank, 4.125%, 9/27/24 | 889,000 | 885,178 | ||||||
| Asian Development Bank, 0.625%, 4/29/25 | 985,000 | 944,684 | ||||||
| Asian Development Bank, 2.875%, 5/6/25 | 200,000 | 195,680 | ||||||
| Asian Development Bank, 1.00%, 4/14/26 | 491,000 | 456,564 | ||||||
| Asian Development Bank, 3.125%, 4/27/32 | 170,000 | 153,236 | ||||||
| Asian Infrastructure Investment Bank, 0.50%, 5/28/25 | 1,602,000 | 1,528,910 | ||||||
| Asian Infrastructure Investment Bank, 0.50%, 1/27/26 | 235,000 | 218,139 | ||||||
| Asian Infrastructure Investment Bank, 3.75%, 9/14/27 | 889,000 | 861,920 | ||||||
Asian Infrastructure Investment Bank, 4.00%, 1/18/28(1) | 914,000 | 891,929 | ||||||
| Australia & New Zealand Banking Group Ltd., 5.09%, 12/8/25 | 1,750,000 | 1,746,699 | ||||||
| Bank of America Corp., 5.875%, 2/7/42 | 1,940,000 | 2,037,596 | ||||||
| Bank of Montreal, 5.20%, 12/12/24 | 600,000 | 598,883 | ||||||
| Bank of Montreal, 5.20%, 2/1/28 | 70,000 | 70,148 | ||||||
| Bank of Montreal, Series H, 4.25%, 9/14/24 | 140,000 | 139,437 | ||||||
| Bank of Nova Scotia, 5.25%, 12/6/24 | 255,000 | 254,485 | ||||||
| Bank of Nova Scotia, 2.20%, 2/3/25 | 200,000 | 195,528 | ||||||
| Bank of Nova Scotia, 3.45%, 4/11/25 | 200,000 | 196,487 | ||||||
| Bank of Nova Scotia, 2.70%, 8/3/26 | 450,000 | 425,552 | ||||||
| Bank of Nova Scotia, 2.15%, 8/1/31 | 600,000 | 489,129 | ||||||
| Canadian Imperial Bank of Commerce, 3.60%, 4/7/32 | 300,000 | 264,876 | ||||||
| Citigroup, Inc., 3.20%, 10/21/26 | 2,338,000 | 2,223,515 | ||||||
| Commonwealth Bank of Australia, 5.08%, 1/10/25 | 1,400,000 | 1,396,550 | ||||||
| Cooperatieve Rabobank UA, 5.25%, 5/24/41 | 275,000 | 274,344 | ||||||
| Council of Europe Development Bank, 0.875%, 9/22/26 | 313,000 | 285,806 | ||||||
| Council of Europe Development Bank, 4.125%, 1/24/29 | 450,000 | 440,868 | ||||||
| Discover Bank, 4.65%, 9/13/28 | 600,000 | 574,475 | ||||||
| European Bank for Reconstruction & Development, 1.50%, 2/13/25 | 386,000 | 375,880 | ||||||
| European Bank for Reconstruction & Development, 0.50%, 5/19/25 | 1,231,000 | 1,176,244 | ||||||
| European Bank for Reconstruction & Development, 4.125%, 1/25/29 | 400,000 | 391,714 | ||||||
| European Investment Bank, 2.25%, 6/24/24 | 392,000 | 391,267 | ||||||
| European Investment Bank, 2.75%, 8/15/25 | 1,285,000 | 1,249,186 | ||||||
| European Investment Bank, 4.375%, 3/19/27 | 885,000 | 876,313 | ||||||
| European Investment Bank, 0.75%, 9/23/30 | 336,000 | 266,815 | ||||||
| European Investment Bank, 4.875%, 2/15/36 | 397,000 | 403,885 | ||||||
| Export Development Canada, 3.875%, 2/14/28 | 960,000 | 933,102 | ||||||
| Inter-American Development Bank, 3.25%, 7/1/24 | 220,000 | 219,618 | ||||||
| Inter-American Development Bank, 0.875%, 4/3/25 | 973,000 | 937,958 | ||||||
| Inter-American Development Bank, 0.625%, 7/15/25 | 1,361,000 | 1,294,051 | ||||||
| Inter-American Development Bank, 3.125%, 9/18/28 | 504,000 | 474,200 | ||||||
| International Bank for Reconstruction & Development, 0.375%, 7/28/25 | 950,000 | 899,353 | ||||||
| International Bank for Reconstruction & Development, 2.50%, 7/29/25 | 470,000 | 455,956 | ||||||
| International Bank for Reconstruction & Development, 0.50%, 10/28/25 | 529,000 | 496,196 | ||||||
| International Bank for Reconstruction & Development, 0.75%, 11/24/27 | 935,000 | 817,625 | ||||||
| International Bank for Reconstruction & Development, 1.75%, 10/23/29 | 500,000 | 432,421 | ||||||
| International Bank for Reconstruction & Development, 0.875%, 5/14/30 | 1,165,000 | 940,865 | ||||||
| International Bank for Reconstruction & Development, 1.25%, 2/10/31 | 500,000 | 404,032 | ||||||
| International Finance Corp., 0.75%, 10/8/26 | 245,000 | 223,026 | ||||||
| JPMorgan Chase & Co., 3.125%, 1/23/25 | 100,000 | 98,549 | ||||||
| JPMorgan Chase & Co., 5.50%, 10/15/40 | 2,442,000 | 2,464,098 | ||||||
| Kreditanstalt fuer Wiederaufbau, 1.25%, 1/31/25 | 250,000 | 243,484 | ||||||
Kreditanstalt fuer Wiederaufbau, 2.00%, 5/2/25(1) | 1,116,000 | 1,084,906 | ||||||
| Kreditanstalt fuer Wiederaufbau, 5.125%, 9/29/25 | 650,000 | 649,984 | ||||||
| Kreditanstalt fuer Wiederaufbau, 3.625%, 4/1/26 | 885,000 | 864,500 | ||||||
| Landwirtschaftliche Rentenbank, 2.00%, 1/13/25 | 436,000 | 427,048 | ||||||
| Landwirtschaftliche Rentenbank, 0.50%, 5/27/25 | 1,157,000 | 1,104,472 | ||||||
| Landwirtschaftliche Rentenbank, 0.875%, 3/30/26 | 501,000 | 465,511 | ||||||
| Landwirtschaftliche Rentenbank, Series 44, 3.875%, 6/14/28 | 500,000 | 485,993 | ||||||
| Lloyds Banking Group PLC, 4.55%, 8/16/28 | 60,000 | 58,104 | ||||||
| Mitsubishi UFJ Financial Group, Inc., 3.74%, 3/7/29 | 85,000 | 79,937 | ||||||
| Mitsubishi UFJ Financial Group, Inc., 2.05%, 7/17/30 | 120,000 | 99,647 | ||||||
| National Australia Bank Ltd., 5.13%, 11/22/24 | 1,100,000 | 1,098,304 | ||||||
| Nordic Investment Bank, 2.625%, 4/4/25 | 1,015,000 | 992,664 | ||||||
| Oesterreichische Kontrollbank AG, 1.50%, 2/12/25 | 909,000 | 885,193 | ||||||
| Oesterreichische Kontrollbank AG, 0.375%, 9/17/25 | 935,000 | 880,034 | ||||||
| PNC Financial Services Group, Inc., 3.15%, 5/19/27 | 1,283,000 | 1,215,878 | ||||||
| Royal Bank of Canada, 5.66%, 10/25/24 | 804,000 | 803,885 | ||||||
| Royal Bank of Canada, 4.90%, 1/12/28 | 325,000 | 322,111 | ||||||
| Royal Bank of Canada, 3.875%, 5/4/32 | 910,000 | 829,659 | ||||||
| Royal Bank of Canada, 5.00%, 2/1/33 | 80,000 | 78,494 | ||||||
Royal Bank of Canada, 5.00%, 5/2/33(1) | 621,000 | 612,013 | ||||||
| Santander Holdings USA, Inc., 4.50%, 7/17/25 | 200,000 | 196,768 | ||||||
| Sumitomo Mitsui Financial Group, Inc., 1.40%, 9/17/26 | 150,000 | 137,362 | ||||||
| Sumitomo Mitsui Financial Group, Inc., 3.45%, 1/11/27 | 175,000 | 167,456 | ||||||
| Sumitomo Mitsui Financial Group, Inc., 3.36%, 7/12/27 | 260,000 | 246,330 | ||||||
| Sumitomo Mitsui Financial Group, Inc., 2.13%, 7/8/30 | 50,000 | 41,633 | ||||||
| Toronto-Dominion Bank, 0.75%, 1/6/26 | 782,000 | 727,970 | ||||||
| Toronto-Dominion Bank, 4.11%, 6/8/27 | 2,420,000 | 2,345,603 | ||||||
| Toronto-Dominion Bank, 3.20%, 3/10/32 | 250,000 | 215,687 | ||||||
| U.S. Bancorp, 3.90%, 4/26/28 | 690,000 | 659,732 | ||||||
| U.S. Bancorp, 1.375%, 7/22/30 | 996,000 | 797,020 | ||||||
| Wells Fargo & Co., 3.55%, 9/29/25 | 1,033,000 | 1,007,561 | ||||||
| Wells Fargo & Co., 3.00%, 10/23/26 | 1,352,000 | 1,282,491 | ||||||
| Wells Fargo & Co., 4.15%, 1/24/29 | 665,000 | 637,482 | ||||||
| Westpac Banking Corp., 2.35%, 2/19/25 | 185,000 | 181,048 | ||||||
| Westpac Banking Corp., 2.70%, 8/19/26 | 300,000 | 284,937 | ||||||
| Westpac Banking Corp., 3.35%, 3/8/27 | 2,044,000 | 1,956,513 | ||||||
| Westpac Banking Corp., 5.46%, 11/18/27 | 1,091,000 | 1,105,483 | ||||||
| Westpac Banking Corp., 2.15%, 6/3/31 | 310,000 | 256,948 | ||||||
| 60,909,492 | ||||||||
| Beverages — 1.4% | ||||||||
| Anheuser-Busch Cos. LLC/Anheuser-Busch InBev Worldwide, Inc., 4.70%, 2/1/36 | 1,914,000 | 1,808,134 | ||||||
| Anheuser-Busch InBev Finance, Inc., 4.70%, 2/1/36 | 100,000 | 94,469 | ||||||
| Anheuser-Busch InBev Worldwide, Inc., 4.90%, 1/23/31 | 225,000 | 224,712 | ||||||
| Anheuser-Busch InBev Worldwide, Inc., 8.20%, 1/15/39 | 472,000 | 598,128 | ||||||
| Anheuser-Busch InBev Worldwide, Inc., 5.45%, 1/23/39 | 461,000 | 462,638 | ||||||
| Anheuser-Busch InBev Worldwide, Inc., 4.35%, 6/1/40 | 879,000 | 773,228 | ||||||
| Brown-Forman Corp., 4.75%, 4/15/33 | 1,573,000 | 1,532,540 | ||||||
| Coca-Cola Co., 3.45%, 3/25/30 | 1,078,000 | 1,000,246 | ||||||
| Coca-Cola Co., 1.65%, 6/1/30 | 125,000 | 103,828 | ||||||
Coca-Cola Co., 1.375%, 3/15/31(1) | 1,064,000 | 848,810 | ||||||
| Keurig Dr Pepper, Inc., 2.55%, 9/15/26 | 60,000 | 56,482 | ||||||
| Keurig Dr Pepper, Inc., 3.20%, 5/1/30 | 659,000 | 591,725 | ||||||
| Molson Coors Beverage Co., 3.00%, 7/15/26 | 1,261,000 | 1,201,668 | ||||||
| PepsiCo, Inc., 1.625%, 5/1/30 | 752,000 | 626,068 | ||||||
| PepsiCo, Inc., 1.95%, 10/21/31 | 185,000 | 151,296 | ||||||
| 10,073,972 | ||||||||
| Biotechnology — 0.6% | ||||||||
| AbbVie, Inc., 2.60%, 11/21/24 | 200,000 | 197,222 | ||||||
| AbbVie, Inc., 3.20%, 11/21/29 | 542,000 | 494,300 | ||||||
| AbbVie, Inc., 4.50%, 5/14/35 | 3,024,000 | 2,835,842 | ||||||
| Amgen, Inc., 5.25%, 3/2/25 | 130,000 | 129,705 | ||||||
| Amgen, Inc., 2.80%, 8/15/41 | 55,000 | 38,762 | ||||||
| Amgen, Inc., 5.15%, 11/15/41 | 425,000 | 400,395 | ||||||
| Gilead Sciences, Inc., 5.65%, 12/1/41 | 325,000 | 326,762 | ||||||
| 4,422,988 | ||||||||
| Broadline Retail — 0.3% | ||||||||
| Amazon.com, Inc., 5.20%, 12/3/25 | 710,000 | 711,235 | ||||||
| Amazon.com, Inc., 1.20%, 6/3/27 | 600,000 | 539,085 | ||||||
| Amazon.com, Inc., 4.70%, 12/1/32 | 520,000 | 512,049 | ||||||
| eBay, Inc., 6.30%, 11/22/32 | 565,000 | 598,309 | ||||||
| 2,360,678 | ||||||||
| Capital Markets — 2.1% | ||||||||
| Affiliated Managers Group, Inc., 3.30%, 6/15/30 | 75,000 | 66,461 | ||||||
| Ameriprise Financial, Inc., 3.70%, 10/15/24 | 475,000 | 471,633 | ||||||
| Ameriprise Financial, Inc., 5.70%, 12/15/28 | 250,000 | 255,527 | ||||||
| Ameriprise Financial, Inc., 5.15%, 5/15/33 | 829,000 | 826,930 | ||||||
| Bank of New York Mellon Corp., 3.85%, 4/26/29 | 601,000 | 572,952 | ||||||
| BlackRock, Inc., 3.25%, 4/30/29 | 1,041,000 | 965,320 | ||||||
| BlackRock, Inc., 1.90%, 1/28/31 | 250,000 | 206,460 | ||||||
| Brookfield Finance, Inc., 3.90%, 1/25/28 | 1,091,000 | 1,042,569 | ||||||
| Cboe Global Markets, Inc., 3.00%, 3/16/32 | 500,000 | 428,926 | ||||||
| Charles Schwab Corp., 3.20%, 3/2/27 | 760,000 | 721,288 | ||||||
| Charles Schwab Corp., 4.00%, 2/1/29 | 550,000 | 527,628 | ||||||
| CME Group, Inc., 5.30%, 9/15/43 | 200,000 | 200,408 | ||||||
| Franklin Resources, Inc., 1.60%, 10/30/30 | 803,000 | 646,405 | ||||||
| Goldman Sachs Group, Inc., 5.70%, 11/1/24 | 140,000 | 140,015 | ||||||
| Goldman Sachs Group, Inc., 3.50%, 1/23/25 | 50,000 | 49,325 | ||||||
| Goldman Sachs Group, Inc., 3.50%, 4/1/25 | 810,000 | 796,085 | ||||||
| Goldman Sachs Group, Inc., 3.85%, 1/26/27 | 1,865,000 | 1,801,115 | ||||||
| Goldman Sachs Group, Inc., 3.80%, 3/15/30 | 365,000 | 339,085 | ||||||
| Intercontinental Exchange, Inc., 4.35%, 6/15/29 | 135,000 | 130,509 | ||||||
| Intercontinental Exchange, Inc., 4.60%, 3/15/33 | 200,000 | 190,511 | ||||||
| Morgan Stanley, 3.70%, 10/23/24 | 386,000 | 383,109 | ||||||
| Morgan Stanley, 3.625%, 1/20/27 | 125,000 | 120,278 | ||||||
| Morgan Stanley, 7.25%, 4/1/32 | 2,612,000 | 2,953,291 | ||||||
| Nasdaq, Inc., 5.55%, 2/15/34 | 450,000 | 449,534 | ||||||
| State Street Corp., 3.30%, 12/16/24 | 200,000 | 197,711 | ||||||
| 14,483,075 | ||||||||
| Chemicals — 2.2% | ||||||||
| CF Industries, Inc., 5.15%, 3/15/34 | 2,323,000 | 2,223,150 | ||||||
| Dow Chemical Co., 4.80%, 11/30/28 | 1,371,000 | 1,357,181 | ||||||
| DuPont de Nemours, Inc., 5.32%, 11/15/38 | 2,686,000 | 2,705,733 | ||||||
| Eastman Chemical Co., 3.80%, 3/15/25 | 1,911,000 | 1,885,297 | ||||||
| Eastman Chemical Co., 5.75%, 3/8/33 | 400,000 | 403,567 | ||||||
| LYB International Finance III LLC, 5.625%, 5/15/33 | 864,000 | 878,163 | ||||||
| Mosaic Co., 5.375%, 11/15/28 | 250,000 | 250,102 | ||||||
Mosaic Co., 5.45%, 11/15/33(1) | 1,939,000 | 1,915,796 | ||||||
| Nutrien Ltd., 2.95%, 5/13/30 | 632,000 | 557,765 | ||||||
| RPM International, Inc., 4.55%, 3/1/29 | 1,049,000 | 1,011,524 | ||||||
| Westlake Corp., 3.60%, 8/15/26 | 570,000 | 547,461 | ||||||
| Westlake Corp., 3.375%, 6/15/30 | 1,925,000 | 1,725,733 | ||||||
| 15,461,472 | ||||||||
| Commercial Services and Supplies — 0.2% | ||||||||
| Cintas Corp. No. 2, 3.45%, 5/1/25 | 1,286,000 | 1,263,313 | ||||||
| Republic Services, Inc., 5.00%, 4/1/34 | 100,000 | 97,628 | ||||||
| Waste Management, Inc., 1.15%, 3/15/28 | 50,000 | 43,510 | ||||||
| Waste Management, Inc., 4.625%, 2/15/30 | 265,000 | 259,683 | ||||||
| 1,664,134 | ||||||||
| Construction and Engineering — 0.1% | ||||||||
| Quanta Services, Inc., 2.90%, 10/1/30 | 1,006,000 | 877,893 | ||||||
| Quanta Services, Inc., 2.35%, 1/15/32 | 100,000 | 80,977 | ||||||
| 958,870 | ||||||||
| Consumer Finance — 0.4% | ||||||||
| American Express Co., 3.00%, 10/30/24 | 495,000 | 489,755 | ||||||
| American Express Co., 3.95%, 8/1/25 | 859,000 | 844,767 | ||||||
| American Express Co., 1.65%, 11/4/26 | 125,000 | 114,704 | ||||||
| American Express Co., 4.05%, 5/3/29 | 320,000 | 306,962 | ||||||
| Capital One Financial Corp., 3.80%, 1/31/28 | 946,000 | 896,831 | ||||||
| 2,653,019 | ||||||||
| Consumer Staples Distribution & Retail — 1.4% | ||||||||
| Dollar General Corp., 4.125%, 5/1/28 | 600,000 | 577,426 | ||||||
| Dollar General Corp., 5.00%, 11/1/32 | 450,000 | 438,213 | ||||||
| Dollar Tree, Inc., 4.20%, 5/15/28 | 2,484,000 | 2,381,717 | ||||||
| Kroger Co., 7.50%, 4/1/31 | 60,000 | 67,153 | ||||||
| Target Corp., 3.375%, 4/15/29 | 50,000 | 46,835 | ||||||
| Target Corp., 2.65%, 9/15/30 | 946,000 | 833,089 | ||||||
Target Corp., 4.50%, 9/15/32(1) | 550,000 | 527,868 | ||||||
| Target Corp., 6.50%, 10/15/37 | 3,120,000 | 3,453,483 | ||||||
| Walmart, Inc., 2.85%, 7/8/24 | 500,000 | 498,705 | ||||||
| Walmart, Inc., 3.55%, 6/26/25 | 662,000 | 650,544 | ||||||
Walmart, Inc., 4.15%, 9/9/32(1) | 160,000 | 153,807 | ||||||
Walmart, Inc., 4.10%, 4/15/33(1) | 465,000 | 440,864 | ||||||
| 10,069,704 | ||||||||
| Containers and Packaging — 0.1% | ||||||||
| Sonoco Products Co., 2.85%, 2/1/32 | 494,000 | 412,955 | ||||||
| Diversified Consumer Services — 0.1% | ||||||||
| Novant Health, Inc., 2.64%, 11/1/36 | 536,000 | 402,060 | ||||||
| Trustees of Princeton University, 5.70%, 3/1/39 | 215,000 | 230,038 | ||||||
| 632,098 | ||||||||
| Diversified REITs — 0.9% | ||||||||
| American Homes 4 Rent LP, 4.25%, 2/15/28 | 1,112,000 | 1,062,599 | ||||||
| Boston Properties LP, 3.65%, 2/1/26 | 250,000 | 240,822 | ||||||
| Invitation Homes Operating Partnership LP, 2.70%, 1/15/34 | 205,000 | 161,101 | ||||||
| Prologis LP, 2.25%, 4/15/30 | 1,580,000 | 1,348,768 | ||||||
| Prologis LP, 1.625%, 3/15/31 | 325,000 | 258,327 | ||||||
| Simon Property Group LP, 5.50%, 3/8/33 | 631,000 | 632,788 | ||||||
| Simon Property Group LP, 6.75%, 2/1/40 | 350,000 | 381,797 | ||||||
| Simon Property Group LP, 4.75%, 3/15/42 | 1,845,000 | 1,629,133 | ||||||
| Ventas Realty LP, 3.50%, 2/1/25 | 401,000 | 394,685 | ||||||
| 6,110,020 | ||||||||
| Diversified Telecommunication Services — 0.8% | ||||||||
| AT&T, Inc., 2.25%, 2/1/32 | 200,000 | 161,329 | ||||||
| AT&T, Inc., 4.90%, 8/15/37 | 150,000 | 139,187 | ||||||
| Deutsche Telekom International Finance BV, 8.75%, 6/15/30 | 2,188,000 | 2,552,544 | ||||||
| Sprint Capital Corp., 6.875%, 11/15/28 | 431,000 | 455,480 | ||||||
| Sprint Capital Corp., 8.75%, 3/15/32 | 55,000 | 65,782 | ||||||
| Verizon Communications, Inc., 3.15%, 3/22/30 | 65,000 | 58,281 | ||||||
| Verizon Communications, Inc., 2.55%, 3/21/31 | 637,000 | 537,285 | ||||||
| Verizon Communications, Inc., 5.05%, 5/9/33 | 100,000 | 98,440 | ||||||
| Verizon Communications, Inc., 4.50%, 8/10/33 | 392,000 | 367,811 | ||||||
| Verizon Communications, Inc., 6.40%, 9/15/33 | 250,000 | 272,629 | ||||||
| Verizon Communications, Inc., 4.40%, 11/1/34 | 1,303,000 | 1,201,940 | ||||||
| 5,910,708 | ||||||||
| Electric Utilities — 4.2% | ||||||||
| AEP Texas, Inc., 5.40%, 6/1/33 | 150,000 | 146,093 | ||||||
| Alabama Power Co., 5.85%, 11/15/33 | 150,000 | 155,714 | ||||||
| Alabama Power Co., 6.00%, 3/1/39 | 100,000 | 103,587 | ||||||
| American Electric Power Co., Inc., 2.30%, 3/1/30 | 200,000 | 168,833 | ||||||
| American Electric Power Co., Inc., 5.95%, 11/1/32 | 1,091,000 | 1,115,511 | ||||||
| Berkshire Hathaway Energy Co., 5.95%, 5/15/37 | 140,000 | 143,647 | ||||||
| CenterPoint Energy Houston Electric LLC, 6.95%, 3/15/33 | 1,946,000 | 2,160,685 | ||||||
| Commonwealth Edison Co., 5.90%, 3/15/36 | 2,612,000 | 2,704,241 | ||||||
| Constellation Energy Generation LLC, 6.25%, 10/1/39 | 400,000 | 415,083 | ||||||
| Constellation Energy Generation LLC, 5.60%, 6/15/42 | 80,000 | 76,994 | ||||||
| DTE Electric Co., 2.25%, 3/1/30 | 1,165,000 | 998,445 | ||||||
| DTE Electric Co., Series C, 2.625%, 3/1/31 | 626,000 | 534,545 | ||||||
| Duke Energy Carolinas LLC, Series A, 6.00%, 12/1/28 | 1,459,000 | 1,511,790 | ||||||
| Duke Energy Ohio, Inc., 2.125%, 6/1/30 | 310,000 | 259,544 | ||||||
| Duke Energy Ohio, Inc., 5.25%, 4/1/33 | 250,000 | 247,863 | ||||||
| Edison International, 4.95%, 4/15/25 | 100,000 | 99,253 | ||||||
| Enel Americas SA, 4.00%, 10/25/26 | 85,000 | 81,491 | ||||||
| Entergy Arkansas LLC, 4.00%, 6/1/28 | 599,000 | 574,753 | ||||||
| Entergy Louisiana LLC, 2.40%, 10/1/26 | 651,000 | 610,227 | ||||||
| Entergy Louisiana LLC, 3.05%, 6/1/31 | 302,000 | 261,575 | ||||||
| Exelon Corp., 4.95%, 6/15/35 | 399,000 | 371,393 | ||||||
| MidAmerican Energy Co., 6.75%, 12/30/31 | 1,091,000 | 1,212,159 | ||||||
| MidAmerican Energy Co., 5.35%, 1/15/34 | 100,000 | 101,074 | ||||||
| National Grid USA, 5.80%, 4/1/35 | 100,000 | 97,981 | ||||||
| Nevada Power Co., series N, 6.65%, 4/1/36 | 925,000 | 996,377 | ||||||
| NextEra Energy Capital Holdings, Inc., 6.05%, 3/1/25 | 936,000 | 938,116 | ||||||
| NextEra Energy Capital Holdings, Inc., 2.25%, 6/1/30 | 2,004,000 | 1,693,149 | ||||||
| NextEra Energy Capital Holdings, Inc., 5.00%, 7/15/32 | 100,000 | 97,471 | ||||||
| Northern States Power Co., 6.25%, 6/1/36 | 2,119,000 | 2,264,390 | ||||||
| PacifiCorp, 2.70%, 9/15/30 | 490,000 | 420,249 | ||||||
| PPL Electric Utilities Corp., 5.00%, 5/15/33 | 803,000 | 788,319 | ||||||
| PPL Electric Utilities Corp., 6.25%, 5/15/39 | 1,783,000 | 1,916,561 | ||||||
| Public Service Electric & Gas Co., 4.90%, 12/15/32 | 300,000 | 293,105 | ||||||
| Puget Energy, Inc., 4.10%, 6/15/30 | 307,000 | 280,626 | ||||||
| Southern California Edison Co., 6.65%, 4/1/29 | 500,000 | 525,027 | ||||||
| Southern California Edison Co., 6.05%, 3/15/39 | 366,000 | 373,937 | ||||||
| Southern California Edison Co., Series 2004-B, 6.00%, 1/15/34 | 350,000 | 361,327 | ||||||
| Southern California Edison Co., Series 2005-E, 5.35%, 7/15/35 | 250,000 | 245,718 | ||||||
| Southern Co., 5.70%, 3/15/34 | 150,000 | 152,278 | ||||||
| Southern Co. Gas Capital Corp., 5.15%, 9/15/32 | 100,000 | 98,814 | ||||||
| Union Electric Co., 2.95%, 3/15/30 | 2,071,000 | 1,836,191 | ||||||
| Virginia Electric & Power Co., 5.30%, 8/15/33 | 100,000 | 98,848 | ||||||
| Virginia Electric & Power Co., Series B, 6.00%, 1/15/36 | 656,000 | 677,829 | ||||||
| Wisconsin Power & Light Co., 3.00%, 7/1/29 | 422,000 | 383,720 | ||||||
| Xcel Energy, Inc., 3.30%, 6/1/25 | 160,000 | 156,253 | ||||||
| Xcel Energy, Inc., 5.45%, 8/15/33 | 690,000 | 677,833 | ||||||
| 29,428,619 | ||||||||
| Electronic Equipment, Instruments and Components — 0.3% | ||||||||
| Flex Ltd., 3.75%, 2/1/26 | 100,000 | 96,816 | ||||||
| Trimble, Inc., 4.90%, 6/15/28 | 500,000 | 490,808 | ||||||
| Tyco Electronics Group SA, 3.125%, 8/15/27 | 1,356,000 | 1,278,712 | ||||||
| 1,866,336 | ||||||||
| Energy Equipment and Services — 0.2% | ||||||||
Baker Hughes Holdings LLC/Baker Hughes Co.-Obligor, Inc., 3.34%, 12/15/27(1) | 317,000 | 298,716 | ||||||
| Halliburton Co., 7.45%, 9/15/39 | 693,000 | 823,983 | ||||||
| Schlumberger Investment SA, 2.65%, 6/26/30 | 477,000 | 417,865 | ||||||
| 1,540,564 | ||||||||
| Entertainment — 0.2% | ||||||||
| Netflix, Inc., 4.875%, 4/15/28 | 520,000 | 515,577 | ||||||
| Take-Two Interactive Software, Inc., 3.55%, 4/14/25 | 150,000 | 147,456 | ||||||
| TWDC Enterprises 18 Corp., Series B, 7.00%, 3/1/32 | 450,000 | 504,540 | ||||||
| 1,167,573 | ||||||||
| Financial Services — 1.0% | ||||||||
| Apollo Global Management, Inc., 6.375%, 11/15/33 | 2,388,000 | 2,539,283 | ||||||
| Corebridge Financial, Inc., 3.90%, 4/5/32 | 100,000 | 89,357 | ||||||
| Equitable Holdings, Inc., 4.35%, 4/20/28 | 550,000 | 528,285 | ||||||
| Equitable Holdings, Inc., 5.59%, 1/11/33 | 375,000 | 376,420 | ||||||
| Fidelity National Information Services, Inc., 1.15%, 3/1/26 | 250,000 | 232,064 | ||||||
| Fidelity National Information Services, Inc., 5.10%, 7/15/32 | 285,000 | 281,470 | ||||||
| Fiserv, Inc., 4.20%, 10/1/28 | 50,000 | 47,866 | ||||||
| Global Payments, Inc., 2.90%, 5/15/30 | 210,000 | 181,968 | ||||||
| Mastercard, Inc., 3.35%, 3/26/30 | 200,000 | 184,056 | ||||||
| National Rural Utilities Cooperative Finance Corp., 3.70%, 3/15/29 | 272,000 | 255,233 | ||||||
| National Rural Utilities Cooperative Finance Corp., 5.80%, 1/15/33 | 2,188,000 | 2,255,712 | ||||||
| 6,971,714 | ||||||||
| Food Products — 1.7% | ||||||||
| Archer-Daniels-Midland Co., 3.25%, 3/27/30 | 2,271,000 | 2,055,887 | ||||||
| Archer-Daniels-Midland Co., 4.50%, 8/15/33 | 996,000 | 941,337 | ||||||
| Bunge Ltd. Finance Corp., 3.25%, 8/15/26 | 220,000 | 209,900 | ||||||
| Campbell Soup Co., 4.15%, 3/15/28 | 769,000 | 741,733 | ||||||
| Conagra Brands, Inc., 5.30%, 11/1/38 | 2,482,000 | 2,325,280 | ||||||
| General Mills, Inc., 4.20%, 4/17/28 | 729,000 | 704,573 | ||||||
| General Mills, Inc., 4.95%, 3/29/33 | 100,000 | 97,163 | ||||||
| Hershey Co., 0.90%, 6/1/25 | 465,000 | 445,144 | ||||||
| Ingredion, Inc., 2.90%, 6/1/30 | 1,050,000 | 918,402 | ||||||
| J M Smucker Co., 4.25%, 3/15/35 | 615,000 | 547,020 | ||||||
| Kellanova, 5.25%, 3/1/33 | 190,000 | 189,112 | ||||||
| Kraft Heinz Foods Co., 6.875%, 1/26/39 | 100,000 | 111,003 | ||||||
| Kraft Heinz Foods Co., 5.00%, 6/4/42 | 1,304,000 | 1,186,735 | ||||||
| Mondelez International, Inc., 1.50%, 2/4/31 | 1,254,000 | 998,182 | ||||||
| Tyson Foods, Inc., 3.55%, 6/2/27 | 250,000 | 237,842 | ||||||
| Tyson Foods, Inc., 4.35%, 3/1/29 | 240,000 | 230,594 | ||||||
| 11,939,907 | ||||||||
| Gas Utilities — 0.1% | ||||||||
| Southern California Gas Co., 2.55%, 2/1/30 | 504,000 | 437,597 | ||||||
| Southern California Gas Co., 5.20%, 6/1/33 | 100,000 | 99,259 | ||||||
| 536,856 | ||||||||
| Ground Transportation — 1.5% | ||||||||
| Burlington Northern Santa Fe LLC, 5.75%, 5/1/40 | 805,000 | 826,615 | ||||||
| Burlington Northern Santa Fe LLC, 5.05%, 3/1/41 | 240,000 | 227,830 | ||||||
| Canadian National Railway Co., 3.85%, 8/5/32 | 1,190,000 | 1,088,580 | ||||||
| Canadian National Railway Co., 6.25%, 8/1/34 | 3,576,000 | 3,873,134 | ||||||
| CSX Corp., 4.10%, 11/15/32 | 760,000 | 706,450 | ||||||
| Norfolk Southern Corp., 3.15%, 6/1/27 | 125,000 | 118,389 | ||||||
| Norfolk Southern Corp., 3.80%, 8/1/28 | 253,000 | 241,129 | ||||||
| Ryder System, Inc., 5.65%, 3/1/28 | 600,000 | 607,269 | ||||||
| Ryder System, Inc., 5.25%, 6/1/28 | 935,000 | 937,261 | ||||||
| Union Pacific Corp., 3.25%, 1/15/25 | 710,000 | 700,313 | ||||||
| Union Pacific Corp., 3.70%, 3/1/29 | 1,051,000 | 996,377 | ||||||
Union Pacific Corp., 4.50%, 1/20/33(1) | 501,000 | 479,676 | ||||||
| 10,803,023 | ||||||||
| Health Care Equipment and Supplies — 0.9% | ||||||||
| Abbott Laboratories, 6.00%, 4/1/39 | 55,000 | 59,526 | ||||||
| Baxter International, Inc., 3.95%, 4/1/30 | 450,000 | 416,124 | ||||||
| Becton Dickinson & Co., 3.70%, 6/6/27 | 363,000 | 347,624 | ||||||
| Boston Scientific Corp., 6.50%, 11/15/35 | 100,000 | 110,094 | ||||||
| DH Europe Finance II SARL, 2.20%, 11/15/24 | 1,670,000 | 1,646,299 | ||||||
| DH Europe Finance II SARL, 3.25%, 11/15/39 | 90,000 | 70,823 | ||||||
| Edwards Lifesciences Corp., 4.30%, 6/15/28 | 1,798,000 | 1,734,032 | ||||||
GE HealthCare Technologies, Inc., 5.55%, 11/15/24(1) | 157,000 | 156,726 | ||||||
| GE HealthCare Technologies, Inc., 5.86%, 3/15/30 | 535,000 | 548,603 | ||||||
| Medtronic Global Holdings SCA, 4.25%, 3/30/28 | 410,000 | 399,386 | ||||||
| Medtronic, Inc., 4.375%, 3/15/35 | 765,000 | 715,499 | ||||||
| Smith & Nephew PLC, 2.03%, 10/14/30 | 448,000 | 367,202 | ||||||
| 6,571,938 | ||||||||
| Health Care Providers and Services — 2.6% | ||||||||
| Advocate Health & Hospitals Corp., Series 2020, 2.21%, 6/15/30 | 240,000 | 205,703 | ||||||
| Aetna, Inc., 6.75%, 12/15/37 | 1,905,000 | 2,063,841 | ||||||
| Cencora, Inc., 2.70%, 3/15/31 | 100,000 | 84,874 | ||||||
| Cigna Group, 5.40%, 3/15/33 | 400,000 | 399,713 | ||||||
| Cigna Group, 4.80%, 8/15/38 | 1,653,000 | 1,512,135 | ||||||
| CommonSpirit Health, 2.78%, 10/1/30 | 400,000 | 344,683 | ||||||
| CVS Health Corp., 5.125%, 2/21/30 | 485,000 | 477,087 | ||||||
| CVS Health Corp., 5.25%, 2/21/33 | 1,041,000 | 1,012,336 | ||||||
CVS Health Corp., 5.30%, 6/1/33(1) | 200,000 | 194,706 | ||||||
| Elevance Health, Inc., 3.35%, 12/1/24 | 406,000 | 401,540 | ||||||
| Elevance Health, Inc., 5.35%, 10/15/25 | 300,000 | 299,408 | ||||||
| Elevance Health, Inc., 6.375%, 6/15/37 | 450,000 | 480,008 | ||||||
| HCA, Inc., 5.375%, 2/1/25 | 270,000 | 269,129 | ||||||
| HCA, Inc., 5.25%, 6/15/26 | 854,000 | 849,312 | ||||||
| HCA, Inc., 4.50%, 2/15/27 | 715,000 | 697,924 | ||||||
| HCA, Inc., 5.625%, 9/1/28 | 251,000 | 252,423 | ||||||
| HCA, Inc., 4.125%, 6/15/29 | 1,349,000 | 1,271,329 | ||||||
| HCA, Inc., 3.625%, 3/15/32 | 100,000 | 87,424 | ||||||
| Humana, Inc., 4.50%, 4/1/25 | 200,000 | 198,506 | ||||||
| Humana, Inc., 3.95%, 3/15/27 | 300,000 | 289,287 | ||||||
| Humana, Inc., 4.875%, 4/1/30 | 653,000 | 637,214 | ||||||
| Humana, Inc., 2.15%, 2/3/32 | 585,000 | 463,214 | ||||||
| Humana, Inc., 5.875%, 3/1/33 | 540,000 | 547,326 | ||||||
| UnitedHealth Group, Inc., 5.25%, 2/15/28 | 1,021,000 | 1,031,498 | ||||||
| UnitedHealth Group, Inc., 6.50%, 6/15/37 | 2,358,000 | 2,598,835 | ||||||
| UnitedHealth Group, Inc., 6.875%, 2/15/38 | 1,341,000 | 1,530,924 | ||||||
| UnitedHealth Group, Inc., 4.375%, 3/15/42 | 150,000 | 131,739 | ||||||
| 18,332,118 | ||||||||
| Health Care REITs — 0.5% | ||||||||
| Alexandria Real Estate Equities, Inc., 3.45%, 4/30/25 | 710,000 | 695,732 | ||||||
| Alexandria Real Estate Equities, Inc., 3.375%, 8/15/31 | 350,000 | 307,610 | ||||||
| Healthpeak OP LLC, 4.00%, 6/1/25 | 286,000 | 281,228 | ||||||
| Healthpeak OP LLC, 5.25%, 12/15/32 | 250,000 | 245,354 | ||||||
| Welltower OP LLC, 4.00%, 6/1/25 | 640,000 | 629,338 | ||||||
| Welltower OP LLC, 4.25%, 4/1/26 | 895,000 | 875,879 | ||||||
| Welltower OP LLC, 2.70%, 2/15/27 | 110,000 | 103,264 | ||||||
| 3,138,405 | ||||||||
| Hotels, Restaurants and Leisure — 0.7% | ||||||||
| Expedia Group, Inc., 4.625%, 8/1/27 | 976,000 | 955,994 | ||||||
| Expedia Group, Inc., 3.25%, 2/15/30 | 1,490,000 | 1,331,482 | ||||||
| Hyatt Hotels Corp., 4.85%, 3/15/26 | 895,000 | 885,741 | ||||||
| Marriott International, Inc., 5.55%, 10/15/28 | 946,000 | 955,279 | ||||||
| McDonald's Corp., 4.70%, 12/9/35 | 851,000 | 802,707 | ||||||
| 4,931,203 | ||||||||
| Household Durables — 0.1% | ||||||||
| Lennar Corp., 5.25%, 6/1/26 | 200,000 | 199,374 | ||||||
| Lennar Corp., 5.00%, 6/15/27 | 706,000 | 700,927 | ||||||
| 900,301 | ||||||||
| Household Products — 0.0% | ||||||||
| Procter & Gamble Co., 2.80%, 3/25/27 | 200,000 | 189,734 | ||||||
| Procter & Gamble Co., 5.55%, 3/5/37 | 15,000 | 15,742 | ||||||
| 205,476 | ||||||||
| Independent Power and Renewable Electricity Producers — 0.1% | ||||||||
| AES Corp., 1.375%, 1/15/26 | 365,000 | 340,975 | ||||||
| Industrial Conglomerates — 1.0% | ||||||||
3M Co., 5.70%, 3/15/37(1) | 946,000 | 977,229 | ||||||
| Eaton Corp., 4.15%, 3/15/33 | 985,000 | 919,078 | ||||||
| Honeywell International, Inc., 5.00%, 2/15/33 | 1,216,000 | 1,213,937 | ||||||
| Honeywell International, Inc., 5.70%, 3/15/37 | 3,565,000 | 3,688,613 | ||||||
| 6,798,857 | ||||||||
| Insurance — 2.9% | ||||||||
| Allstate Corp., 5.25%, 3/30/33 | 2,484,000 | 2,468,650 | ||||||
| American International Group, Inc., 5.125%, 3/27/33 | 170,000 | 166,953 | ||||||
| American International Group, Inc., 6.25%, 5/1/36 | 900,000 | 946,210 | ||||||
| Aon Corp., 2.80%, 5/15/30 | 140,000 | 122,084 | ||||||
| Aon Corp./Aon Global Holdings PLC, 2.85%, 5/28/27 | 385,000 | 360,450 | ||||||
| Aon Corp./Aon Global Holdings PLC, 5.35%, 2/28/33 | 490,000 | 482,903 | ||||||
| Athene Holding Ltd., 4.125%, 1/12/28 | 444,000 | 427,293 | ||||||
| Chubb Corp., Series 1, 6.50%, 5/15/38 | 150,000 | 166,742 | ||||||
| Chubb INA Holdings LLC, 3.15%, 3/15/25 | 2,696,000 | 2,648,371 | ||||||
| Chubb INA Holdings LLC, 1.375%, 9/15/30 | 340,000 | 275,658 | ||||||
| Cincinnati Financial Corp., 6.125%, 11/1/34 | 1,875,000 | 1,951,668 | ||||||
| Hartford Financial Services Group, Inc., 2.80%, 8/19/29 | 405,000 | 360,305 | ||||||
| Hartford Financial Services Group, Inc., 6.10%, 10/1/41 | 371,000 | 383,415 | ||||||
| Marsh & McLennan Cos., Inc., 3.50%, 3/10/25 | 345,000 | 339,926 | ||||||
| Marsh & McLennan Cos., Inc., 4.75%, 3/15/39 | 300,000 | 278,822 | ||||||
| MetLife, Inc., 3.60%, 11/13/25 | 866,000 | 845,978 | ||||||
| MetLife, Inc., 4.125%, 8/13/42 | 615,000 | 509,766 | ||||||
| Principal Financial Group, Inc., 6.05%, 10/15/36 | 3,059,000 | 3,178,497 | ||||||
| Progressive Corp., 2.45%, 1/15/27 | 451,000 | 421,628 | ||||||
| Prudential Financial, Inc., 6.625%, 6/21/40 | 375,000 | 415,464 | ||||||
| Prudential Financial, Inc., Series D, 5.70%, 12/14/36 | 561,000 | 575,119 | ||||||
| Prudential Funding Asia PLC, 3.125%, 4/14/30 | 1,302,000 | 1,160,875 | ||||||
| Willis North America, Inc., 4.50%, 9/15/28 | 2,104,000 | 2,034,705 | ||||||
| 20,521,482 | ||||||||
| Interactive Media and Services — 0.1% | ||||||||
| Meta Platforms, Inc., 3.85%, 8/15/32 | 904,000 | 835,589 | ||||||
| IT Services — 0.6% | ||||||||
| Booz Allen Hamilton, Inc., 5.95%, 8/4/33 | 210,000 | 215,823 | ||||||
| International Business Machines Corp., 3.50%, 5/15/29 | 350,000 | 325,628 | ||||||
| International Business Machines Corp., 1.95%, 5/15/30 | 1,809,000 | 1,514,796 | ||||||
| International Business Machines Corp., 4.40%, 7/27/32 | 500,000 | 472,423 | ||||||
| International Business Machines Corp., 5.60%, 11/30/39 | 350,000 | 356,558 | ||||||
| Leidos, Inc., 4.375%, 5/15/30 | 1,155,000 | 1,088,248 | ||||||
| Leidos, Inc., 5.75%, 3/15/33 | 145,000 | 146,566 | ||||||
| 4,120,042 | ||||||||
| Leisure Products — 0.1% | ||||||||
| Hasbro, Inc., 3.50%, 9/15/27 | 571,000 | 536,200 | ||||||
| Life Sciences Tools and Services — 0.1% | ||||||||
| Revvity, Inc., 3.30%, 9/15/29 | 125,000 | 113,400 | ||||||
| Thermo Fisher Scientific, Inc., 5.00%, 1/31/29 | 350,000 | 350,050 | ||||||
| Thermo Fisher Scientific, Inc., 2.60%, 10/1/29 | 315,000 | 279,796 | ||||||
| 743,246 | ||||||||
| Machinery — 1.1% | ||||||||
| Caterpillar, Inc., 5.20%, 5/27/41 | 1,024,000 | 1,002,236 | ||||||
| IDEX Corp., 3.00%, 5/1/30 | 277,000 | 242,166 | ||||||
| John Deere Capital Corp., 4.75%, 1/20/28 | 230,000 | 228,638 | ||||||
John Deere Capital Corp., Series I, 5.15%, 9/8/33(1) | 578,000 | 579,682 | ||||||
| Nordson Corp., 5.80%, 9/15/33 | 100,000 | 102,382 | ||||||
| Oshkosh Corp., 4.60%, 5/15/28 | 1,723,000 | 1,679,730 | ||||||
| Parker-Hannifin Corp., 3.25%, 6/14/29 | 120,000 | 109,831 | ||||||
| Parker-Hannifin Corp., 4.20%, 11/21/34 | 658,000 | 604,177 | ||||||
Stanley Black & Decker, Inc., 6.00%, 3/6/28(1) | 2,338,000 | 2,409,244 | ||||||
| Westinghouse Air Brake Technologies Corp., 3.20%, 6/15/25 | 1,091,000 | 1,063,627 | ||||||
| 8,021,713 | ||||||||
| Media — 1.5% | ||||||||
| Comcast Corp., 2.65%, 2/1/30 | 2,122,000 | 1,863,389 | ||||||
| Comcast Corp., 3.40%, 4/1/30 | 200,000 | 182,492 | ||||||
| Comcast Corp., 4.25%, 10/15/30 | 415,000 | 395,175 | ||||||
| Comcast Corp., 5.50%, 11/15/32 | 165,000 | 168,232 | ||||||
| Comcast Corp., 7.05%, 3/15/33 | 130,000 | 145,095 | ||||||
| Comcast Corp., 3.20%, 7/15/36 | 60,000 | 48,203 | ||||||
| Comcast Corp., 3.90%, 3/1/38 | 520,000 | 439,488 | ||||||
| Fox Corp., 4.71%, 1/25/29 | 135,000 | 132,051 | ||||||
| Fox Corp., 5.48%, 1/25/39 | 2,044,000 | 1,935,085 | ||||||
| Interpublic Group of Cos., Inc., 4.75%, 3/30/30 | 372,000 | 361,666 | ||||||
| Interpublic Group of Cos., Inc., 5.375%, 6/15/33 | 400,000 | 395,841 | ||||||
| Walt Disney Co., 3.35%, 3/24/25 | 175,000 | 172,146 | ||||||
| Walt Disney Co., 6.55%, 3/15/33 | 500,000 | 552,012 | ||||||
| Walt Disney Co., 6.40%, 12/15/35 | 2,154,000 | 2,346,388 | ||||||
| Walt Disney Co., 6.65%, 11/15/37 | 1,231,000 | 1,377,358 | ||||||
| 10,514,621 | ||||||||
| Metals and Mining — 0.6% | ||||||||
| BHP Billiton Finance USA Ltd., 4.90%, 2/28/33 | 2,147,000 | 2,097,042 | ||||||
| Kinross Gold Corp., 4.50%, 7/15/27 | 95,000 | 92,285 | ||||||
| Newmont Corp., 2.60%, 7/15/32 | 60,000 | 49,636 | ||||||
| Newmont Corp., 5.875%, 4/1/35 | 946,000 | 972,350 | ||||||
| Steel Dynamics, Inc., 3.25%, 1/15/31 | 946,000 | 835,514 | ||||||
| 4,046,827 | ||||||||
| Multi-Utilities — 0.7% | ||||||||
| Consolidated Edison Co. of New York, Inc., Series 2005-A, 5.30%, 3/1/35 | 200,000 | 198,396 | ||||||
| Consumers Energy Co., 4.625%, 5/15/33 | 1,897,000 | 1,812,211 | ||||||
| Dominion Energy, Inc., 4.25%, 6/1/28 | 250,000 | 240,711 | ||||||
| Dominion Energy, Inc., 5.375%, 11/15/32 | 475,000 | 469,737 | ||||||
| Dominion Energy, Inc., Series A, 3.30%, 3/15/25 | 100,000 | 98,026 | ||||||
| NiSource, Inc., 5.25%, 3/30/28 | 155,000 | 154,638 | ||||||
| NiSource, Inc., 3.60%, 5/1/30 | 100,000 | 91,270 | ||||||
| Public Service Enterprise Group, Inc., 5.875%, 10/15/28 | 400,000 | 407,592 | ||||||
| San Diego Gas & Electric Co., 1.70%, 10/1/30 | 1,553,000 | 1,259,587 | ||||||
| Sempra, 6.00%, 10/15/39 | 350,000 | 353,287 | ||||||
| 5,085,455 | ||||||||
| Oil, Gas and Consumable Fuels — 6.6% | ||||||||
| Boardwalk Pipelines LP, 4.95%, 12/15/24 | 100,000 | 99,537 | ||||||
| Boardwalk Pipelines LP, 5.95%, 6/1/26 | 605,000 | 607,860 | ||||||
| Boardwalk Pipelines LP, 4.80%, 5/3/29 | 1,121,000 | 1,092,278 | ||||||
| BP Capital Markets America, Inc., 3.94%, 9/21/28 | 200,000 | 191,681 | ||||||
| BP Capital Markets America, Inc., 3.63%, 4/6/30 | 1,089,000 | 1,010,708 | ||||||
| BP Capital Markets America, Inc., 4.81%, 2/13/33 | 960,000 | 928,923 | ||||||
| BP Capital Markets America, Inc., 4.89%, 9/11/33 | 1,036,000 | 1,006,284 | ||||||
| BP Capital Markets America, Inc., 4.99%, 4/10/34 | 1,000,000 | 974,100 | ||||||
| BP Capital Markets PLC, 3.28%, 9/19/27 | 685,000 | 647,981 | ||||||
| Burlington Resources LLC, 7.40%, 12/1/31 | 701,000 | 796,182 | ||||||
| Canadian Natural Resources Ltd., 5.85%, 2/1/35 | 2,095,000 | 2,087,683 | ||||||
| Cheniere Corpus Christi Holdings LLC, 5.125%, 6/30/27 | 1,900,000 | 1,885,190 | ||||||
| Chevron USA, Inc., 6.00%, 3/1/41 | 2,299,000 | 2,467,755 | ||||||
| ConocoPhillips, 6.50%, 2/1/39 | 1,354,000 | 1,493,392 | ||||||
| Continental Resources, Inc., 4.375%, 1/15/28 | 530,000 | 509,296 | ||||||
| Devon Energy Corp., 5.25%, 9/15/24 | 735,000 | 733,451 | ||||||
| Devon Energy Corp., 4.50%, 1/15/30 | 935,000 | 895,554 | ||||||
| Devon Energy Corp., 5.60%, 7/15/41 | 250,000 | 235,265 | ||||||
| Diamondback Energy, Inc., 3.125%, 3/24/31 | 360,000 | 315,491 | ||||||
| Diamondback Energy, Inc., 6.25%, 3/15/33 | 465,000 | 485,940 | ||||||
| Enbridge Energy Partners LP, Seires B, 7.50%, 4/15/38 | 400,000 | 459,490 | ||||||
| Enbridge, Inc., 3.125%, 11/15/29 | 752,000 | 677,153 | ||||||
| Energy Transfer LP, 2.90%, 5/15/25 | 50,000 | 48,690 | ||||||
| Energy Transfer LP, 4.95%, 5/15/28 | 840,000 | 825,919 | ||||||
| Energy Transfer LP, 6.10%, 12/1/28 | 300,000 | 308,140 | ||||||
| Energy Transfer LP, 5.25%, 4/15/29 | 185,000 | 184,021 | ||||||
| Energy Transfer LP, 5.75%, 2/15/33 | 450,000 | 450,214 | ||||||
| Energy Transfer LP, 4.90%, 3/15/35 | 100,000 | 93,267 | ||||||
| EQT Corp., 6.125%, 2/1/25 | 500,000 | 500,834 | ||||||
| Equinor ASA, 7.25%, 9/23/27 | 939,000 | 998,498 | ||||||
| Equinor ASA, 3.125%, 4/6/30 | 389,000 | 353,891 | ||||||
| Exxon Mobil Corp., 3.48%, 3/19/30 | 100,000 | 92,815 | ||||||
| Exxon Mobil Corp., 2.61%, 10/15/30 | 2,060,000 | 1,799,673 | ||||||
| Hess Corp., 4.30%, 4/1/27 | 889,000 | 865,538 | ||||||
| Hess Corp., 7.875%, 10/1/29 | 597,000 | 667,187 | ||||||
| Hess Corp., 7.30%, 8/15/31 | 250,000 | 279,165 | ||||||
| Hess Corp., 5.60%, 2/15/41 | 960,000 | 958,233 | ||||||
| Kinder Morgan, Inc., 4.30%, 6/1/25 | 300,000 | 296,037 | ||||||
| Kinder Morgan, Inc., 5.30%, 12/1/34 | 1,875,000 | 1,816,965 | ||||||
| Marathon Oil Corp., 6.60%, 10/1/37 | 985,000 | 1,064,810 | ||||||
| Marathon Petroleum Corp., 4.70%, 5/1/25 | 715,000 | 708,670 | ||||||
| MPLX LP, 4.875%, 12/1/24 | 100,000 | 99,647 | ||||||
| MPLX LP, 2.65%, 8/15/30 | 1,222,000 | 1,044,272 | ||||||
| MPLX LP, 5.00%, 3/1/33 | 215,000 | 204,403 | ||||||
| Phillips 66 Co., 5.30%, 6/30/33 | 400,000 | 393,618 | ||||||
| Pioneer Natural Resources Co., 1.90%, 8/15/30 | 1,738,000 | 1,453,166 | ||||||
| Plains All American Pipeline LP/PAA Finance Corp., 4.50%, 12/15/26 | 450,000 | 439,962 | ||||||
| Plains All American Pipeline LP/PAA Finance Corp., 6.65%, 1/15/37 | 100,000 | 105,577 | ||||||
| Sabine Pass Liquefaction LLC, 5.625%, 3/1/25 | 100,000 | 99,821 | ||||||
| Sabine Pass Liquefaction LLC, 5.00%, 3/15/27 | 1,031,000 | 1,022,644 | ||||||
| Sabine Pass Liquefaction LLC, 5.90%, 9/15/37 | 200,000 | 205,004 | ||||||
| Shell International Finance BV, 3.25%, 5/11/25 | 277,000 | 271,821 | ||||||
| Shell International Finance BV, 2.75%, 4/6/30 | 2,067,000 | 1,835,800 | ||||||
| Shell International Finance BV, 6.375%, 12/15/38 | 500,000 | 549,187 | ||||||
| Targa Resources Corp., 6.125%, 3/15/33 | 585,000 | 600,904 | ||||||
| Targa Resources Partners LP/Targa Resources Partners Finance Corp., 6.875%, 1/15/29 | 250,000 | 257,330 | ||||||
| TotalEnergies Capital International SA, 2.43%, 1/10/25 | 219,000 | 215,012 | ||||||
| TransCanada PipeLines Ltd., 6.20%, 3/9/26 | 286,000 | 286,008 | ||||||
| TransCanada PipeLines Ltd., 4.25%, 5/15/28 | 366,000 | 352,348 | ||||||
| TransCanada PipeLines Ltd., 7.625%, 1/15/39 | 871,000 | 1,010,134 | ||||||
| Valero Energy Corp., 6.625%, 6/15/37 | 927,000 | 990,808 | ||||||
| Valero Energy Partners LP, 4.50%, 3/15/28 | 893,000 | 868,833 | ||||||
| Williams Cos., Inc., 4.00%, 9/15/25 | 2,106,000 | 2,064,674 | ||||||
| Williams Cos., Inc., 3.75%, 6/15/27 | 100,000 | 95,622 | ||||||
| Williams Cos., Inc., 2.60%, 3/15/31 | 60,000 | 50,467 | ||||||
| Williams Cos., Inc., 5.65%, 3/15/33 | 350,000 | 352,185 | ||||||
| 46,783,008 | ||||||||
| Paper and Forest Products — 0.1% | ||||||||
| Georgia-Pacific LLC, 8.875%, 5/15/31 | 250,000 | 304,481 | ||||||
| Passenger Airlines — 0.3% | ||||||||
| Southwest Airlines Co., 5.125%, 6/15/27 | 1,193,000 | 1,185,778 | ||||||
| Southwest Airlines Co., 2.625%, 2/10/30 | 787,000 | 675,588 | ||||||
| 1,861,366 | ||||||||
| Personal Care Products — 0.7% | ||||||||
| Estee Lauder Cos., Inc., 4.65%, 5/15/33 | 150,000 | 144,966 | ||||||
| Estee Lauder Cos., Inc., 5.00%, 2/14/34 | 2,300,000 | 2,246,729 | ||||||
| Estee Lauder Cos., Inc., 6.00%, 5/15/37 | 1,250,000 | 1,317,242 | ||||||
| Unilever Capital Corp., 5.90%, 11/15/32 | 1,427,000 | 1,513,369 | ||||||
| 5,222,306 | ||||||||
| Pharmaceuticals — 2.8% | ||||||||
| Astrazeneca Finance LLC, 2.25%, 5/28/31 | 826,000 | 694,459 | ||||||
| AstraZeneca PLC, 4.00%, 1/17/29 | 1,040,000 | 999,158 | ||||||
| AstraZeneca PLC, 1.375%, 8/6/30 | 245,000 | 198,797 | ||||||
| Bristol-Myers Squibb Co., 1.45%, 11/13/30 | 744,000 | 597,501 | ||||||
| Bristol-Myers Squibb Co., 2.95%, 3/15/32 | 640,000 | 549,287 | ||||||
| Bristol-Myers Squibb Co., 5.20%, 2/22/34 | 3,750,000 | 3,727,186 | ||||||
| Eli Lilly & Co., 3.375%, 3/15/29 | 420,000 | 394,605 | ||||||
| Eli Lilly & Co., 4.70%, 2/27/33 | 265,000 | 259,079 | ||||||
| Johnson & Johnson, 0.55%, 9/1/25 | 90,000 | 85,168 | ||||||
Johnson & Johnson, 4.375%, 12/5/33(1) | 180,000 | 175,255 | ||||||
| Johnson & Johnson, 3.625%, 3/3/37 | 735,000 | 635,926 | ||||||
| Johnson & Johnson, 5.85%, 7/15/38 | 1,657,000 | 1,787,248 | ||||||
| Merck & Co., Inc., 0.75%, 2/24/26 | 520,000 | 483,864 | ||||||
| Merck & Co., Inc., 3.40%, 3/7/29 | 1,115,000 | 1,045,881 | ||||||
| Merck & Co., Inc., 1.45%, 6/24/30 | 280,000 | 228,959 | ||||||
| Merck & Co., Inc., 2.15%, 12/10/31 | 560,000 | 462,922 | ||||||
| Merck & Co., Inc., 2.35%, 6/24/40 | 600,000 | 407,196 | ||||||
| Merck & Co., Inc., 4.15%, 5/18/43 | 300,000 | 254,962 | ||||||
| Pfizer Investment Enterprises Pte. Ltd., 4.65%, 5/19/30 | 946,000 | 925,695 | ||||||
| Pfizer Investment Enterprises Pte. Ltd., 4.75%, 5/19/33 | 175,000 | 169,282 | ||||||
| Pfizer, Inc., 7.20%, 3/15/39 | 525,000 | 619,074 | ||||||
| Royalty Pharma PLC, 2.20%, 9/2/30 | 1,229,000 | 1,017,140 | ||||||
| Wyeth LLC, 6.50%, 2/1/34 | 1,230,000 | 1,343,542 | ||||||
| Wyeth LLC, 5.95%, 4/1/37 | 2,548,000 | 2,676,050 | ||||||
| 19,738,236 | ||||||||
| Professional Services — 0.2% | ||||||||
| Automatic Data Processing, Inc., 1.25%, 9/1/30 | 102,000 | 81,895 | ||||||
| Verisk Analytics, Inc., 4.125%, 3/15/29 | 1,035,000 | 986,883 | ||||||
| 1,068,778 | ||||||||
| Residential REITs — 0.6% | ||||||||
| AvalonBay Communities, Inc., 3.20%, 1/15/28 | 897,000 | 840,226 | ||||||
| Camden Property Trust, 2.80%, 5/15/30 | 1,166,000 | 1,022,688 | ||||||
| UDR, Inc., 2.10%, 8/1/32 | 1,788,000 | 1,383,854 | ||||||
| UDR, Inc., 1.90%, 3/15/33 | 1,241,000 | 935,522 | ||||||
| 4,182,290 | ||||||||
| Retail REITs — 0.4% | ||||||||
| Kimco Realty OP LLC, 2.80%, 10/1/26 | 804,000 | 759,477 | ||||||
| Kimco Realty OP LLC, 1.90%, 3/1/28 | 572,000 | 507,970 | ||||||
| Realty Income Corp., 3.65%, 1/15/28 | 332,000 | 315,185 | ||||||
| Realty Income Corp., 3.25%, 1/15/31 | 500,000 | 441,905 | ||||||
| Realty Income Corp., 5.625%, 10/13/32 | 65,000 | 65,661 | ||||||
| Realty Income Corp., 2.85%, 12/15/32 | 540,000 | 444,009 | ||||||
| 2,534,207 | ||||||||
| Semiconductors and Semiconductor Equipment — 1.9% | ||||||||
| Applied Materials, Inc., 5.85%, 6/15/41 | 1,725,000 | 1,833,318 | ||||||
| Broadcom, Inc., 4.30%, 11/15/32 | 1,154,000 | 1,069,547 | ||||||
Broadcom, Inc., 2.60%, 2/15/33(2) | 701,000 | 561,673 | ||||||
Broadcom, Inc., 4.93%, 5/15/37(2) | 340,000 | 316,622 | ||||||
Intel Corp., 5.125%, 2/10/30(1) | 495,000 | 494,546 | ||||||
| Intel Corp., 4.15%, 8/5/32 | 685,000 | 637,321 | ||||||
| Intel Corp., 4.00%, 12/15/32 | 665,000 | 608,472 | ||||||
| Intel Corp., 5.20%, 2/10/33 | 1,141,000 | 1,132,173 | ||||||
| KLA Corp., 4.10%, 3/15/29 | 263,000 | 254,256 | ||||||
| KLA Corp., 4.65%, 7/15/32 | 1,011,000 | 980,139 | ||||||
| Lam Research Corp., 3.75%, 3/15/26 | 812,000 | 791,745 | ||||||
| Marvell Technology, Inc., 2.95%, 4/15/31 | 995,000 | 852,336 | ||||||
| Micron Technology, Inc., 4.19%, 2/15/27 | 1,238,000 | 1,202,244 | ||||||
| Micron Technology, Inc., 6.75%, 11/1/29 | 450,000 | 477,667 | ||||||
| Micron Technology, Inc., 4.66%, 2/15/30 | 480,000 | 463,533 | ||||||
| Micron Technology, Inc., 5.875%, 2/9/33 | 250,000 | 256,075 | ||||||
| NXP BV/NXP Funding LLC, 5.55%, 12/1/28 | 504,000 | 508,160 | ||||||
| NXP BV/NXP Funding LLC/NXP USA, Inc., 5.00%, 1/15/33 | 280,000 | 271,920 | ||||||
| Texas Instruments, Inc., 3.875%, 3/15/39 | 617,000 | 538,550 | ||||||
| Xilinx, Inc., 2.375%, 6/1/30 | 235,000 | 202,564 | ||||||
| 13,452,861 | ||||||||
| Software — 0.9% | ||||||||
| Autodesk, Inc., 2.85%, 1/15/30 | 2,142,000 | 1,893,776 | ||||||
Microsoft Corp., 3.50%, 2/12/35(1) | 998,000 | 897,683 | ||||||
| Microsoft Corp., 3.45%, 8/8/36 | 1,080,000 | 935,857 | ||||||
| Microsoft Corp., 4.10%, 2/6/37 | 150,000 | 139,773 | ||||||
| Oracle Corp., 3.25%, 11/15/27 | 100,000 | 93,980 | ||||||
| Oracle Corp., 4.65%, 5/6/30 | 100,000 | 97,387 | ||||||
| Oracle Corp., 3.25%, 5/15/30 | 592,000 | 533,383 | ||||||
| Oracle Corp., 2.875%, 3/25/31 | 1,453,000 | 1,250,139 | ||||||
| Oracle Corp., 3.90%, 5/15/35 | 65,000 | 56,302 | ||||||
| Oracle Corp., 3.85%, 7/15/36 | 280,000 | 235,505 | ||||||
| Oracle Corp., 3.80%, 11/15/37 | 147,000 | 120,938 | ||||||
| Roper Technologies, Inc., 1.40%, 9/15/27 | 135,000 | 119,516 | ||||||
| 6,374,239 | ||||||||
| Specialized REITs — 1.1% | ||||||||
| American Tower Corp., 2.75%, 1/15/27 | 350,000 | 328,396 | ||||||
| American Tower Corp., 3.60%, 1/15/28 | 210,000 | 197,422 | ||||||
| American Tower Corp., 2.90%, 1/15/30 | 1,337,000 | 1,173,147 | ||||||
| American Tower Corp., 1.875%, 10/15/30 | 60,000 | 48,479 | ||||||
| American Tower Corp., 5.65%, 3/15/33 | 160,000 | 160,456 | ||||||
| American Tower Corp., 5.55%, 7/15/33 | 636,000 | 632,247 | ||||||
| Crown Castle, Inc., 5.60%, 6/1/29 | 600,000 | 603,992 | ||||||
| Crown Castle, Inc., 3.10%, 11/15/29 | 300,000 | 267,205 | ||||||
| Crown Castle, Inc., 2.10%, 4/1/31 | 1,924,000 | 1,549,335 | ||||||
Crown Castle, Inc., 5.10%, 5/1/33(1) | 110,000 | 105,648 | ||||||
| Equinix, Inc., 1.25%, 7/15/25 | 252,000 | 240,035 | ||||||
| Equinix, Inc., 1.00%, 9/15/25 | 50,000 | 47,146 | ||||||
| Equinix, Inc., 2.90%, 11/18/26 | 175,000 | 164,567 | ||||||
| Equinix, Inc., 2.00%, 5/15/28 | 592,000 | 520,855 | ||||||
| Public Storage Operating Co., 1.85%, 5/1/28 | 1,888,000 | 1,670,243 | ||||||
| Weyerhaeuser Co., 4.00%, 11/15/29 | 100,000 | 93,597 | ||||||
| 7,802,770 | ||||||||
| Specialty Retail — 0.6% | ||||||||
| AutoZone, Inc., 4.75%, 2/1/33 | 300,000 | 285,918 | ||||||
| Home Depot, Inc., 2.125%, 9/15/26 | 295,000 | 276,671 | ||||||
| Home Depot, Inc., 2.95%, 6/15/29 | 2,122,000 | 1,933,689 | ||||||
| Home Depot, Inc., 5.95%, 4/1/41 | 600,000 | 633,486 | ||||||
| Lowe's Cos., Inc., 3.75%, 4/1/32 | 120,000 | 108,574 | ||||||
| Lowe's Cos., Inc., 5.00%, 4/15/33 | 60,000 | 58,885 | ||||||
| Lowe's Cos., Inc., 5.50%, 10/15/35 | 500,000 | 510,615 | ||||||
| O'Reilly Automotive, Inc., 4.35%, 6/1/28 | 735,000 | 712,819 | ||||||
| 4,520,657 | ||||||||
| Technology Hardware, Storage and Peripherals — 0.8% | ||||||||
| Apple, Inc., 3.25%, 2/23/26 | 598,000 | 580,947 | ||||||
| Apple, Inc., 4.30%, 5/10/33 | 350,000 | 343,337 | ||||||
| Dell International LLC/EMC Corp., 5.85%, 7/15/25 | 100,000 | 100,338 | ||||||
Dell International LLC/EMC Corp., 5.75%, 2/1/33(1) | 1,670,000 | 1,710,612 | ||||||
| Dell, Inc., 6.50%, 4/15/38 | 500,000 | 526,714 | ||||||
| Hewlett Packard Enterprise Co., 6.20%, 10/15/35 | 1,572,000 | 1,664,828 | ||||||
| HP, Inc., 4.75%, 1/15/28 | 50,000 | 49,284 | ||||||
HP, Inc., 5.50%, 1/15/33(1) | 280,000 | 280,227 | ||||||
| 5,256,287 | ||||||||
| Textiles, Apparel and Luxury Goods — 0.4% | ||||||||
| NIKE, Inc., 2.85%, 3/27/30 | 2,779,000 | 2,490,144 | ||||||
| Trading Companies and Distributors — 0.0% | ||||||||
| Air Lease Corp., 3.625%, 12/1/27 | 321,000 | 302,785 | ||||||
| Transportation Infrastructure — 0.1% | ||||||||
| FedEx Corp. Pass-Through Trust, Series 2020-1, Class AA, 1.875%, 8/20/35 | 920,142 | 758,125 | ||||||
| Water Utilities — 0.0% | ||||||||
| American Water Capital Corp., 2.30%, 6/1/31 | 300,000 | 248,573 | ||||||
| Wireless Telecommunication Services — 0.6% | ||||||||
| T-Mobile USA, Inc., 4.80%, 7/15/28 | 165,000 | 162,368 | ||||||
| T-Mobile USA, Inc., 2.55%, 2/15/31 | 1,248,000 | 1,052,803 | ||||||
| T-Mobile USA, Inc., 2.25%, 11/15/31 | 716,000 | 581,056 | ||||||
| Vodafone Group PLC, 6.25%, 11/30/32 | 150,000 | 158,634 | ||||||
| Vodafone Group PLC, 6.15%, 2/27/37 | 2,465,000 | 2,575,927 | ||||||
| 4,530,788 | ||||||||
TOTAL CORPORATE BONDS (Cost $453,118,397) | 443,409,686 | |||||||
| U.S. TREASURY SECURITIES — 24.8% | ||||||||
| U.S. Treasury Bonds, 1.125%, 5/15/40 | 3,200,000 | 1,938,500 | ||||||
| U.S. Treasury Bonds, 1.125%, 8/15/40 | 8,350,000 | 5,010,652 | ||||||
| U.S. Treasury Bonds, 1.375%, 11/15/40 | 4,000,000 | 2,490,625 | ||||||
| U.S. Treasury Bonds, 1.875%, 2/15/41 | 8,424,000 | 5,691,465 | ||||||
| U.S. Treasury Bonds, 2.25%, 5/15/41 | 9,600,000 | 6,865,500 | ||||||
| U.S. Treasury Bonds, 2.00%, 11/15/41 | 10,236,000 | 6,941,088 | ||||||
| U.S. Treasury Bonds, 2.75%, 8/15/42 | 11,050,000 | 8,395,842 | ||||||
| U.S. Treasury Bonds, 3.125%, 2/15/43 | 10,790,000 | 8,645,487 | ||||||
| U.S. Treasury Bonds, 2.875%, 5/15/43 | 12,650,000 | 9,718,264 | ||||||
| U.S. Treasury Bonds, 3.625%, 8/15/43 | 9,800,000 | 8,425,703 | ||||||
| U.S. Treasury Notes, 0.375%, 8/15/24 | 5,215,200 | 5,163,558 | ||||||
| U.S. Treasury Notes, 0.375%, 9/15/24 | 6,150,000 | 6,064,201 | ||||||
| U.S. Treasury Notes, 0.625%, 10/15/24 | 8,800,000 | 8,649,335 | ||||||
| U.S. Treasury Notes, 0.75%, 11/15/24 | 7,950,000 | 7,789,851 | ||||||
| U.S. Treasury Notes, 1.50%, 11/30/24 | 14,050,000 | 13,787,304 | ||||||
| U.S. Treasury Notes, 2.125%, 11/30/24 | 9,100,000 | 8,958,027 | ||||||
| U.S. Treasury Notes, 4.50%, 11/30/24 | 8,500,000 | 8,464,676 | ||||||
| U.S. Treasury Notes, 2.25%, 12/31/24 | 12,100,000 | 11,892,482 | ||||||
| U.S. Treasury Notes, 1.375%, 1/31/25 | 7,000,000 | 6,824,535 | ||||||
U.S. Treasury Notes, 1.50%, 2/15/25(3) | 10,500,000 | 10,226,877 | ||||||
| U.S. Treasury Notes, 2.00%, 2/15/25 | 6,000,000 | 5,864,848 | ||||||
| U.S. Treasury Notes, 0.625%, 5/15/30 | 5,400,000 | 4,318,734 | ||||||
| U.S. Treasury Notes, 4.125%, 8/31/30 | 7,000,000 | 6,853,164 | ||||||
| U.S. Treasury Notes, 2.75%, 8/15/32 | 6,850,000 | 6,034,556 | ||||||
TOTAL U.S. TREASURY SECURITIES (Cost $179,750,063) | 175,015,274 | |||||||
| U.S. GOVERNMENT AGENCY MORTGAGE-BACKED SECURITIES — 19.7% | ||||||||
| Fixed-Rate U.S. Government Agency Mortgage-Backed Securities — 19.7% | ||||||||
| GNMA, 4.00% TBA | 13,000,000 | 11,951,259 | ||||||
| GNMA, 4.00% TBA | 3,000,000 | 2,759,741 | ||||||
| GNMA, 5.00% TBA | 12,500,000 | 12,133,481 | ||||||
| GNMA, 5.50% TBA | 12,000,000 | 11,904,983 | ||||||
| GNMA, 6.00% TBA | 10,000,000 | 10,062,789 | ||||||
| GNMA, 5.50% TBA | 2,500,000 | 2,477,666 | ||||||
| UMBS, 2.00% TBA | 4,000,000 | 3,494,599 | ||||||
| UMBS, 2.00% TBA | 1,500,000 | 1,312,115 | ||||||
| UMBS, 3.00% TBA | 12,000,000 | 10,092,071 | ||||||
| UMBS, 3.00% TBA | 7,000,000 | 5,891,417 | ||||||
| UMBS, 3.00% TBA | 6,000,000 | 5,518,320 | ||||||
| UMBS, 3.00% TBA | 2,000,000 | 1,841,159 | ||||||
| UMBS, 4.00% TBA | 14,000,000 | 12,706,524 | ||||||
| UMBS, 4.00% TBA | 10,000,000 | 9,079,605 | ||||||
| UMBS, 4.00% TBA | 5,500,000 | 5,273,963 | ||||||
| UMBS, 4.50% TBA | 7,000,000 | 6,828,498 | ||||||
| UMBS, 5.00% TBA | 11,500,000 | 11,068,992 | ||||||
| UMBS, 5.00% TBA | 3,000,000 | 2,887,094 | ||||||
| UMBS, 5.50% TBA | 7,000,000 | 6,887,546 | ||||||
| UMBS, 5.50% TBA | 2,000,000 | 1,967,401 | ||||||
| UMBS, 6.00% TBA | 2,500,000 | 2,503,824 | ||||||
TOTAL U.S. GOVERNMENT AGENCY MORTGAGE-BACKED SECURITIES (Cost $138,450,020) | 138,643,047 | |||||||
| U.S. GOVERNMENT AGENCY SECURITIES — 1.3% | ||||||||
| Federal Farm Credit Banks Funding Corp., 3.30%, 8/15/24 | 498,000 | 495,716 | ||||||
| Federal Farm Credit Banks Funding Corp., 4.75%, 2/21/25 | 760,000 | 757,367 | ||||||
| FHLB, 5.50%, 1/26/26 | 1,000,000 | 999,365 | ||||||
| FHLB, 3.25%, 11/16/28 | 820,000 | 778,752 | ||||||
| FHLMC, 5.31%, 11/15/24 | 250,000 | 249,691 | ||||||
| FHLMC, 4.00%, 11/25/24 | 436,000 | 432,723 | ||||||
| FHLMC, 0.375%, 7/21/25 | 600,000 | 569,063 | ||||||
| FHLMC, 0.65%, 10/27/25 | 690,000 | 649,599 | ||||||
| FNMA, 1.625%, 1/7/25 | 129,000 | 126,267 | ||||||
| FNMA, 0.50%, 6/17/25 | 490,000 | 467,305 | ||||||
| FNMA, 6.25%, 5/15/29 | 315,000 | 338,703 | ||||||
| FNMA, 7.25%, 5/15/30 | 270,000 | 307,098 | ||||||
| FNMA, 6.625%, 11/15/30 | 347,000 | 385,357 | ||||||
| Tennessee Valley Authority, 0.75%, 5/15/25 | 858,000 | 822,783 | ||||||
| Tennessee Valley Authority, 7.125%, 5/1/30 | 1,047,000 | 1,177,158 | ||||||
| Tennessee Valley Authority, 5.25%, 9/15/39 | 735,000 | 756,416 | ||||||
TOTAL U.S. GOVERNMENT AGENCY SECURITIES (Cost $9,462,057) | 9,313,363 | |||||||
| SOVEREIGN GOVERNMENTS AND AGENCIES — 0.3% | ||||||||
| Japan — 0.1% | ||||||||
| Japan Bank for International Cooperation, 1.75%, 10/17/24 | 1,000,000 | 985,715 | ||||||
| Sweden — 0.2% | ||||||||
| Svensk Exportkredit AB, 3.625%, 9/3/24 | 500,000 | 497,544 | ||||||
| Svensk Exportkredit AB, 0.625%, 5/14/25 | 364,000 | 348,450 | ||||||
| Svensk Exportkredit AB, 2.25%, 3/22/27 | 450,000 | 419,284 | ||||||
| 1,265,278 | ||||||||
TOTAL SOVEREIGN GOVERNMENTS AND AGENCIES (Cost $2,268,583) | 2,250,993 | |||||||
SHORT-TERM INVESTMENTS(4) — 10.3% | ||||||||
| Money Market Funds — 0.9% | ||||||||
State Street Navigator Securities Lending Government Money Market Portfolio(5) | 6,417,618 | 6,417,618 | ||||||
Treasury Bills(6) — 9.4% | ||||||||
| U.S. Treasury Bills, 5.41%, 7/11/24 | 4,500,000 | 4,474,991 | ||||||
| U.S. Treasury Bills, 5.44%, 7/25/24 | 6,000,000 | 5,954,283 | ||||||
| U.S. Treasury Bills, 5.44%, 8/1/24 | 8,250,000 | 8,179,016 | ||||||
| U.S. Treasury Bills, 5.42%, 8/6/24 | 8,000,000 | 7,925,333 | ||||||
| U.S. Treasury Bills, 5.41%, 8/22/24 | 12,000,000 | 11,860,533 | ||||||
| U.S. Treasury Bills, 5.43%, 8/27/24 | 10,000,000 | 9,876,632 | ||||||
| U.S. Treasury Bills, 5.43%, 9/10/24 | 6,000,000 | 5,913,953 | ||||||
| U.S. Treasury Bills, 4.68%, 8/8/24 | 9,300,000 | 9,210,658 | ||||||
| U.S. Treasury Bills, 5.43%, 10/1/24 | 2,500,000 | 2,456,759 | ||||||
| 65,852,158 | ||||||||
TOTAL SHORT-TERM INVESTMENTS (Cost $72,250,788) | 72,269,776 | |||||||
TOTAL INVESTMENT SECURITIES — 119.3% (Cost $855,299,908) | 840,902,139 | |||||||
| OTHER ASSETS AND LIABILITIES — (19.3)% | (135,854,198) | |||||||
| TOTAL NET ASSETS — 100.0% | $ | 705,047,941 | ||||||
| FUTURES CONTRACTS PURCHASED | ||||||||||||||
| Reference Entity | Contracts | Expiration Date | Notional Amount | Unrealized Appreciation (Depreciation)^ | ||||||||||
| U.S. Treasury Long Bonds | 45 | September 2024 | $ | 5,222,812 | $ | (16,385) | ||||||||
| U.S. Treasury Ultra Bonds | 25 | September 2024 | 3,060,938 | (4,142) | ||||||||||
| $ | 8,283,750 | $ | (20,527) | |||||||||||
^Amount represents value and unrealized appreciation (depreciation).
| FUTURES CONTRACTS SOLD | ||||||||||||||
| Reference Entity | Contracts | Expiration Date | Notional Amount | Unrealized Appreciation (Depreciation)^ | ||||||||||
| U.S. Treasury 10-Year Ultra Notes | 27 | September 2024 | $ | 3,024,844 | $ | 10,580 | ||||||||
^Amount represents value and unrealized appreciation (depreciation).
CENTRALLY CLEARED CREDIT DEFAULT SWAP AGREEMENTS§ | |||||||||||||||||||||||
| Reference Entity | Type‡ | Fixed Rate Received (Paid) Quarterly | Termination Date | Notional Amount | Premiums Paid (Received) | Unrealized Appreciation (Depreciation) | Value^ | ||||||||||||||||
| Markit CDX North America Investment Grade Index Series 42 | Sell | 1.00% | 6/20/29 | $ | 15,000,000 | $ | 320,832 | $ | 45,972 | $ | 366,804 | ||||||||||||
§Credit default swap agreements enable the fund to buy/sell protection against a credit event of a specific issuer or index. As a seller of credit protection against a security or basket of securities, the fund receives an upfront and/or periodic payment to compensate against potential default events. The fund may attempt to enhance returns by selling protection.
‡The maximum potential amount the fund could be required to deliver as a seller of credit protection if a credit event occurs as defined under the terms of the agreement is the notional amount. The maximum potential amount may be partially offset by any recovery values of the reference entities and upfront payments received upon entering into the agreement.
^The value for credit default swap agreements serves as an indicator of the current status of the payment/performance risk and represent the likelihood of an expected liability or profit at the period end. Increasing values in absolute terms when compared to the notional amount of the credit default swap agreement represent a deterioration of the referenced entity's credit soundness and an increased likelihood or risk of a credit event occurring as defined in the agreement.
| NOTES TO SCHEDULE OF INVESTMENTS | ||||||||
| CDX | – | Credit Derivatives Indexes | ||||||
| FHLB | – | Federal Home Loan Bank | ||||||
| FHLMC | – | Federal Home Loan Mortgage Corp. | ||||||
| FNMA | – | Federal National Mortgage Association | ||||||
| GNMA | – | Government National Mortgage Association | ||||||
| TBA | – | To-Be-Announced. Security was purchased on a forward commitment basis with an approximate principal amount and maturity date. Actual principal amount and maturity date will be determined upon settlement. | ||||||
| UMBS | – | Uniform Mortgage-Backed Securities | ||||||
(1)Security, or a portion thereof, is on loan. At the period end, the aggregate value of securities on loan was $6,228,582. The amount of securities on loan indicated may not correspond with the securities on loan identified because securities with pending sales are in the process of recall from the brokers.
(2)Security was purchased pursuant to Rule 144A or Section 4(2) under the Securities Act of 1933 and may be sold in transactions exempt from registration, normally to qualified institutional investors. The aggregate value of these securities at the period end was $878,295, which represented 0.1% of total net assets.
(3)Security, or a portion thereof, has been pledged at the custodian bank or with a broker for collateral requirements on forward commitments, futures contracts and/or swap agreements. At the period end, the aggregate value of securities pledged was $1,111,320.
(4)Category includes securities purchased with cash collateral received at the custodian bank for collateral requirements on forward committments. At the period end, the aggregate value of cash deposits received was $104,000.
(5)Investment of cash collateral from securities on loan. At the period end, the aggregate value of the collateral held by the fund was $6,417,618.
(6)The rate indicated is the yield to maturity at purchase for non-interest bearing securities. For interest bearing securities, the stated coupon rate is shown.
SUPPLEMENTARY NOTES TO SCHEDULE OF INVESTMENTS
1. Investment Valuations
The fund determines the fair value of its investments and computes its net asset value (NAV) per share at the close of regular trading (usually 4 p.m. Eastern time) on the New York Stock Exchange (NYSE) on each day the NYSE is open. The value of investments of the fund is determined by American Century Investment Management, Inc. (ACIM) (the investment advisor), as the valuation designee, pursuant to its valuation policies and procedures. The Board of Trustees oversees the valuation designee and reviews its valuation policies and procedures at least annually.
Fixed income securities are valued at the evaluated mean as provided by independent pricing services or at the mean of the most recent bid and asked prices as provided by investment dealers. Corporate bonds, U.S. Treasury and Government Agency securities, and sovereign governments and agencies are valued using market models that consider trade data, quotations from dealers and active market makers, relevant yield curve and spread data, creditworthiness, trade data or market information on comparable securities, and other relevant security specific information. Mortgage-related securities are valued based on models that consider trade data, prepayment and default projections, benchmark yield and spread data and estimated cash flows of each tranche of the issuer.
Open-end management investment companies are valued at the reported NAV per share. Exchange-traded futures contracts are valued at the settlement price as provided by the appropriate exchange. Swap agreements are valued at an evaluated mean as provided by independent pricing services or independent brokers.
If the valuation designee determines that the market price for a portfolio security is not readily available or is believed by the valuation designee to be unreliable, such security is valued at fair value as determined in good faith by the valuation designee, in accordance with its policies and procedures. Circumstances that may cause the fund to determine that market quotations are not available or reliable include, but are not limited to: when there is a significant event subsequent to the market quotation; trading in a security has been halted during the trading day; or trading in a security is insufficient or did not take place due to a closure or holiday.
The valuation designee monitors for significant events occurring after the close of an investment’s primary exchange but before the fund’s NAV per share is determined. Significant events may include, but are not limited to: corporate announcements and transactions; regulatory news, governmental action and political unrest that could impact a specific investment or an investment sector; or armed conflicts, natural disasters and similar events that could affect investments in a specific country or region.
2. Fair Value Measurements
The fund's investments valuation process is based on several considerations and may use multiple inputs to determine the fair value of the investments held by the fund. In conformity with accounting principles generally accepted in the United States of America, the inputs used to determine a valuation are classified into three broad levels.
•Level 1 valuation inputs consist of unadjusted quoted prices in an active market for identical investments.
•Level 2 valuation inputs consist of direct or indirect observable market data (including quoted prices for comparable investments, evaluations of subsequent market events, interest rates, prepayment speeds, credit risk, etc.). These inputs also consist of quoted prices for identical investments initially expressed in local currencies that are adjusted through translation into U.S. dollars.
•Level 3 valuation inputs consist of unobservable data (including a fund’s own assumptions).
The level classification is based on the lowest level input that is significant to the fair valuation measurement. The valuation inputs are not necessarily an indication of the risks associated with investing in these securities or other financial instruments.
The following is a summary of the level classifications as of period end. The Schedule of Investments provides additional information on the fund's portfolio holdings.
| Level 1 | Level 2 | Level 3 | |||||||||
| Assets | |||||||||||
| Investment Securities | |||||||||||
| Corporate Bonds | — | $ | 443,409,686 | — | |||||||
| U.S. Treasury Securities | — | 175,015,274 | — | ||||||||
| U.S. Government Agency Mortgage-Backed Securities | — | 138,643,047 | — | ||||||||
| U.S. Government Agency Securities | — | 9,313,363 | — | ||||||||
| Sovereign Governments and Agencies | — | 2,250,993 | — | ||||||||
| Short-Term Investments | $ | 6,417,618 | 65,852,158 | — | |||||||
| $ | 6,417,618 | $ | 834,484,521 | — | |||||||
| Other Financial Instruments | |||||||||||
| Futures Contracts | $ | 10,580 | — | — | |||||||
| Swap Agreements | — | $ | 366,804 | — | |||||||
| $ | 10,580 | $ | 366,804 | — | |||||||
| Liabilities | |||||||||||
| Other Financial Instruments | |||||||||||
| Futures Contracts | $ | 20,527 | — | — | |||||||
This schedule of investments provides information about the fund’s portfolio holdings as of the date on the schedule. It is unaudited, and American Century Investments assumes no obligation to update or supplement the schedule to reflect subsequent changes. More information is available in the fund’s most recent annual or semiannual shareholder report.