Vanguard® Intermediate-Term Bond Index Fund
Schedule of Investments (unaudited)
As of March 31, 2022
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.
Coupon | Maturity Date | Face Amount ($000) | Market Value ($000) | |||
U.S. Government and Agency Obligations (55.7%) | ||||||
U.S. Government Securities (54.6%) | ||||||
United States Treasury Note/Bond | 6.500% | 11/15/26 | 11,325 | 13,282 | ||
United States Treasury Note/Bond | 0.500% | 4/30/27 | 31,100 | 28,199 | ||
United States Treasury Note/Bond | 2.375% | 5/15/27 | 239,702 | 238,616 | ||
United States Treasury Note/Bond | 0.500% | 5/31/27 | 339,270 | 306,933 | ||
United States Treasury Note/Bond | 0.500% | 6/30/27 | 213,640 | 193,044 | ||
United States Treasury Note/Bond | 0.375% | 7/31/27 | 487,075 | 436,693 | ||
United States Treasury Note/Bond | 2.250% | 8/15/27 | 449,091 | 444,108 | ||
United States Treasury Note/Bond | 0.500% | 8/31/27 | 503,440 | 453,253 | ||
United States Treasury Note/Bond | 0.375% | 9/30/27 | 287,465 | 256,563 | ||
United States Treasury Note/Bond | 0.500% | 10/31/27 | 288,055 | 258,619 | ||
United States Treasury Note/Bond | 2.250% | 11/15/27 | 530,965 | 524,660 | ||
United States Treasury Note/Bond | 0.625% | 11/30/27 | 556,940 | 502,638 | ||
United States Treasury Note/Bond | 0.625% | 12/31/27 | 352,780 | 317,998 | ||
United States Treasury Note/Bond | 0.750% | 1/31/28 | 217,425 | 197,177 | ||
United States Treasury Note/Bond | 2.750% | 2/15/28 | 514,955 | 522,840 | ||
United States Treasury Note/Bond | 1.125% | 2/29/28 | 611,675 | 567,138 | ||
United States Treasury Note/Bond | 1.250% | 3/31/28 | 349,000 | 325,497 | ||
United States Treasury Note/Bond | 1.250% | 4/30/28 | 368,784 | 343,545 | ||
United States Treasury Note/Bond | 2.875% | 5/15/28 | 553,253 | 566,133 | ||
United States Treasury Note/Bond | 1.250% | 5/31/28 | 423,640 | 394,382 | ||
United States Treasury Note/Bond | 1.250% | 6/30/28 | 339,160 | 315,525 | ||
United States Treasury Note/Bond | 1.000% | 7/31/28 | 298,538 | 273,162 | ||
United States Treasury Note/Bond | 2.875% | 8/15/28 | 604,945 | 619,691 | ||
United States Treasury Note/Bond | 5.500% | 8/15/28 | 12,735 | 15,000 | ||
United States Treasury Note/Bond | 1.125% | 8/31/28 | 447,720 | 412,532 | ||
United States Treasury Note/Bond | 1.250% | 9/30/28 | 322,310 | 299,094 | ||
United States Treasury Note/Bond | 1.375% | 10/31/28 | 304,720 | 284,818 | ||
United States Treasury Note/Bond | 3.125% | 11/15/28 | 566,503 | 589,694 | ||
United States Treasury Note/Bond | 5.250% | 11/15/28 | 10,000 | 11,703 | ||
United States Treasury Note/Bond | 1.500% | 11/30/28 | 349,113 | 328,875 | ||
United States Treasury Note/Bond | 1.375% | 12/31/28 | 302,070 | 282,341 | ||
United States Treasury Note/Bond | 1.750% | 1/31/29 | 56,635 | 54,237 | ||
United States Treasury Note/Bond | 2.625% | 2/15/29 | 623,611 | 631,016 | ||
United States Treasury Note/Bond | 5.250% | 2/15/29 | 15,235 | 17,927 | ||
United States Treasury Note/Bond | 1.875% | 2/28/29 | 343,675 | 331,754 | ||
United States Treasury Note/Bond | 2.375% | 3/31/29 | 127,625 | 127,246 | ||
United States Treasury Note/Bond | 2.375% | 5/15/29 | 576,926 | 575,304 | ||
United States Treasury Note/Bond | 1.625% | 8/15/29 | 438,744 | 416,053 | ||
United States Treasury Note/Bond | 6.125% | 8/15/29 | 6,500 | 8,129 | ||
United States Treasury Note/Bond | 1.750% | 11/15/29 | 418,914 | 400,783 | ||
United States Treasury Note/Bond | 1.500% | 2/15/30 | 268,071 | 251,275 |
Coupon | Maturity Date | Face Amount ($000) | Market Value ($000) | |||
United States Treasury Note/Bond | 0.625% | 5/15/30 | 717,051 | 625,067 | ||
United States Treasury Note/Bond | 6.250% | 5/15/30 | 43,200 | 55,512 | ||
United States Treasury Note/Bond | 0.625% | 8/15/30 | 922,357 | 801,010 | ||
United States Treasury Note/Bond | 0.875% | 11/15/30 | 939,617 | 832,295 | ||
United States Treasury Note/Bond | 1.125% | 2/15/31 | 819,613 | 740,213 | ||
United States Treasury Note/Bond | 5.375% | 2/15/31 | 56,796 | 70,516 | ||
United States Treasury Note/Bond | 1.625% | 5/15/31 | 873,188 | 822,298 | ||
United States Treasury Note/Bond | 1.250% | 8/15/31 | 780,805 | 709,801 | ||
United States Treasury Note/Bond | 1.375% | 11/15/31 | 868,364 | 796,859 | ||
United States Treasury Note/Bond | 1.875% | 2/15/32 | 635,975 | 610,635 | ||
19,201,683 | ||||||
Agency Bonds and Notes (1.1%) | ||||||
Federal Home Loan Banks | 3.250% | 6/9/28 | 24,100 | 25,044 | ||
Federal Home Loan Banks | 3.250% | 11/16/28 | 40,125 | 41,873 | ||
1,2 | Federal Home Loan Mortgage Corp. | 6.750% | 9/15/29 | 8,235 | 10,558 | |
2 | Federal Home Loan Mortgage Corp. | 6.750% | 3/15/31 | 9,514 | 12,633 | |
2 | Federal National Mortgage Assn. | 0.750% | 10/8/27 | 47,930 | 43,581 | |
2 | Federal National Mortgage Assn. | 6.250% | 5/15/29 | 35,504 | 44,005 | |
2 | Federal National Mortgage Assn. | 7.125% | 1/15/30 | 28,000 | 36,999 | |
2 | Federal National Mortgage Assn. | 7.250% | 5/15/30 | 41,160 | 55,131 | |
2 | Federal National Mortgage Assn. | 0.875% | 8/5/30 | 52,200 | 45,597 | |
2 | Federal National Mortgage Assn. | 6.625% | 11/15/30 | 35,114 | 45,970 | |
1 | Private Export Funding Corp. | 1.400% | 7/15/28 | 7,425 | 6,753 | |
Tennessee Valley Authority | 7.125% | 5/1/30 | 3,970 | 5,235 | ||
Tennessee Valley Authority | 1.500% | 9/15/31 | 4,100 | 3,672 | ||
377,051 | ||||||
Total U.S. Government and Agency Obligations (Cost $20,821,945) | 19,578,734 | |||||
Corporate Bonds (38.9%) | ||||||
Communications (3.2%) | ||||||
Activision Blizzard Inc. | 3.400% | 6/15/27 | 3,476 | 3,531 | ||
Activision Blizzard Inc. | 1.350% | 9/15/30 | 6,555 | 5,687 | ||
Alphabet Inc. | 0.800% | 8/15/27 | 7,148 | 6,468 | ||
Alphabet Inc. | 1.100% | 8/15/30 | 12,863 | 11,231 | ||
America Movil SAB de CV | 3.625% | 4/22/29 | 11,112 | 11,199 | ||
America Movil SAB de CV | 2.875% | 5/7/30 | 3,468 | 3,313 | ||
AT&T Inc. | 3.800% | 2/15/27 | 258 | 264 | ||
AT&T Inc. | 2.300% | 6/1/27 | 16,805 | 16,038 | ||
AT&T Inc. | 1.650% | 2/1/28 | 18,690 | 17,024 | ||
1 | AT&T Inc. | 4.100% | 2/15/28 | 7,842 | 8,148 | |
AT&T Inc. | 4.350% | 3/1/29 | 25,068 | 26,476 | ||
1 | AT&T Inc. | 4.300% | 2/15/30 | 19,544 | 20,665 | |
AT&T Inc. | 2.750% | 6/1/31 | 12,330 | 11,550 | ||
AT&T Inc. | 2.250% | 2/1/32 | 16,365 | 14,504 | ||
AT&T Inc. | 2.550% | 12/1/33 | 4,800 | 4,270 | ||
Baidu Inc. | 1.720% | 4/9/26 | 57 | 52 | ||
Baidu Inc. | 3.625% | 7/6/27 | 5,990 | 5,927 | ||
Baidu Inc. | 4.375% | 3/29/28 | 3,790 | 3,845 | ||
Baidu Inc. | 4.875% | 11/14/28 | 4,463 | 4,657 | ||
Baidu Inc. | 3.425% | 4/7/30 | 3,705 | 3,563 | ||
Baidu Inc. | 2.375% | 8/23/31 | 6,200 | 5,408 | ||
Booking Holdings Inc. | 3.550% | 3/15/28 | 4,535 | 4,585 | ||
Booking Holdings Inc. | 4.625% | 4/13/30 | 12,346 | 13,407 | ||
British Telecommunications plc | 5.125% | 12/4/28 | 2,967 | 3,127 | ||
British Telecommunications plc | 9.625% | 12/15/30 | 22,355 | 30,546 | ||
Charter Communications Operating LLC | 3.750% | 2/15/28 | 9,189 | 9,106 | ||
Charter Communications Operating LLC | 4.200% | 3/15/28 | 11,462 | 11,575 |
Coupon | Maturity Date | Face Amount ($000) | Market Value ($000) | |||
Charter Communications Operating LLC | 2.250% | 1/15/29 | 10,300 | 9,295 | ||
Charter Communications Operating LLC | 5.050% | 3/30/29 | 11,361 | 12,031 | ||
Charter Communications Operating LLC | 2.800% | 4/1/31 | 12,741 | 11,514 | ||
Charter Communications Operating LLC | 2.300% | 2/1/32 | 8,000 | 6,836 | ||
Comcast Corp. | 3.300% | 4/1/27 | 5,015 | 5,081 | ||
Comcast Corp. | 3.150% | 2/15/28 | 15,277 | 15,244 | ||
Comcast Corp. | 4.150% | 10/15/28 | 33,588 | 35,305 | ||
Comcast Corp. | 2.650% | 2/1/30 | 14,480 | 13,914 | ||
Comcast Corp. | 3.400% | 4/1/30 | 11,442 | 11,586 | ||
Comcast Corp. | 4.250% | 10/15/30 | 9,475 | 10,103 | ||
Comcast Corp. | 1.950% | 1/15/31 | 11,925 | 10,768 | ||
Comcast Corp. | 1.500% | 2/15/31 | 14,861 | 12,943 | ||
Deutsche Telekom International Finance BV | 8.750% | 6/15/30 | 29,701 | 39,920 | ||
Discovery Communications LLC | 3.950% | 3/20/28 | 14,763 | 14,755 | ||
Discovery Communications LLC | 4.125% | 5/15/29 | 4,657 | 4,709 | ||
Discovery Communications LLC | 3.625% | 5/15/30 | 7,688 | 7,469 | ||
Electronic Arts Inc. | 1.850% | 2/15/31 | 6,041 | 5,318 | ||
Expedia Group Inc. | 4.625% | 8/1/27 | 7,809 | 8,127 | ||
Expedia Group Inc. | 3.800% | 2/15/28 | 5,423 | 5,397 | ||
Expedia Group Inc. | 3.250% | 2/15/30 | 12,751 | 12,167 | ||
Expedia Group Inc. | 2.950% | 3/15/31 | 5,162 | 4,790 | ||
Fox Corp. | 4.709% | 1/25/29 | 15,446 | 16,479 | ||
Fox Corp. | 3.500% | 4/8/30 | 5,448 | 5,401 | ||
Interpublic Group of Cos. Inc. | 4.650% | 10/1/28 | 4,009 | 4,196 | ||
Interpublic Group of Cos. Inc. | 4.750% | 3/30/30 | 5,509 | 5,907 | ||
Interpublic Group of Cos. Inc. | 2.400% | 3/1/31 | 4,315 | 3,906 | ||
Koninklijke KPN NV | 8.375% | 10/1/30 | 4,825 | 6,207 | ||
3 | Magallanes Inc. | 4.054% | 3/15/29 | 9,600 | 9,647 | |
3 | Magallanes Inc. | 4.279% | 3/15/32 | 39,000 | 39,220 | |
Omnicom Group Inc. | 2.450% | 4/30/30 | 4,476 | 4,148 | ||
Omnicom Group Inc. | 4.200% | 6/1/30 | 4,010 | 4,195 | ||
Omnicom Group Inc. | 2.600% | 8/1/31 | 5,122 | 4,737 | ||
Orange SA | 9.000% | 3/1/31 | 18,305 | 25,430 | ||
Paramount Global | 3.375% | 2/15/28 | 4,805 | 4,716 | ||
Paramount Global | 3.700% | 6/1/28 | 5,965 | 5,933 | ||
Paramount Global | 4.200% | 6/1/29 | 4,772 | 4,859 | ||
Paramount Global | 7.875% | 7/30/30 | 3,098 | 3,899 | ||
Paramount Global | 4.950% | 1/15/31 | 13,573 | 14,428 | ||
3 | Rogers Communications Inc. | 3.800% | 3/15/32 | 3,000 | 2,977 | |
TCI Communications Inc. | 7.125% | 2/15/28 | 1,916 | 2,278 | ||
Telefonica Europe BV | 8.250% | 9/15/30 | 9,940 | 12,988 | ||
TELUS Corp. | 3.700% | 9/15/27 | 1,736 | 1,773 | ||
Tencent Music Entertainment Group | 2.000% | 9/3/30 | 3,795 | 3,143 | ||
T-Mobile USA Inc. | 3.750% | 4/15/27 | 33,646 | 33,889 | ||
T-Mobile USA Inc. | 2.050% | 2/15/28 | 15,527 | 14,226 | ||
3 | T-Mobile USA Inc. | 2.400% | 3/15/29 | 1,970 | 1,803 | |
T-Mobile USA Inc. | 3.875% | 4/15/30 | 58,506 | 58,752 | ||
T-Mobile USA Inc. | 2.550% | 2/15/31 | 24,238 | 21,980 | ||
3 | T-Mobile USA Inc. | 2.700% | 3/15/32 | 8,000 | 7,283 | |
1 | TWDC Enterprises 18 Corp. | 7.000% | 3/1/32 | 2,402 | 3,095 | |
VeriSign Inc. | 2.700% | 6/15/31 | 6,375 | 5,845 | ||
Verizon Communications Inc. | 2.100% | 3/22/28 | 24,532 | 22,900 | ||
Verizon Communications Inc. | 4.329% | 9/21/28 | 36,029 | 38,030 | ||
Verizon Communications Inc. | 3.875% | 2/8/29 | 3,571 | 3,716 | ||
Verizon Communications Inc. | 4.016% | 12/3/29 | 32,325 | 33,578 | ||
Verizon Communications Inc. | 3.150% | 3/22/30 | 15,927 | 15,652 | ||
Verizon Communications Inc. | 1.500% | 9/18/30 | 3,050 | 2,649 | ||
Verizon Communications Inc. | 1.680% | 10/30/30 | 9,600 | 8,391 |
Coupon | Maturity Date | Face Amount ($000) | Market Value ($000) | |||
Verizon Communications Inc. | 1.750% | 1/20/31 | 18,408 | 16,067 | ||
Verizon Communications Inc. | 2.550% | 3/21/31 | 36,155 | 33,592 | ||
3 | Verizon Communications Inc. | 2.355% | 3/15/32 | 34,675 | 31,350 | |
Vodafone Group plc | 4.375% | 5/30/28 | 24,070 | 25,233 | ||
Vodafone Group plc | 7.875% | 2/15/30 | 5,750 | 7,320 | ||
Walt Disney Co. | 2.200% | 1/13/28 | 8,753 | 8,343 | ||
Walt Disney Co. | 2.000% | 9/1/29 | 15,896 | 14,717 | ||
Walt Disney Co. | 3.800% | 3/22/30 | 11,924 | 12,418 | ||
Walt Disney Co. | 2.650% | 1/13/31 | 17,899 | 17,099 | ||
Weibo Corp. | 3.375% | 7/8/30 | 5,210 | 4,445 | ||
1,142,278 | ||||||
Consumer Discretionary (2.6%) | ||||||
Advance Auto Parts Inc. | 3.900% | 4/15/30 | 7,450 | 7,443 | ||
Alibaba Group Holding Ltd. | 3.400% | 12/6/27 | 22,061 | 21,642 | ||
Alibaba Group Holding Ltd. | 2.125% | 2/9/31 | 10,499 | 9,123 | ||
Amazon.com Inc. | 1.200% | 6/3/27 | 9,115 | 8,427 | ||
Amazon.com Inc. | 3.150% | 8/22/27 | 27,026 | 27,420 | ||
Amazon.com Inc. | 1.650% | 5/12/28 | 15,385 | 14,294 | ||
Amazon.com Inc. | 1.500% | 6/3/30 | 15,006 | 13,433 | ||
Amazon.com Inc. | 2.100% | 5/12/31 | 24,150 | 22,456 | ||
1 | American Honda Finance Corp. | 2.000% | 3/24/28 | 8,863 | 8,230 | |
1 | American Honda Finance Corp. | 2.250% | 1/12/29 | 2,000 | 1,865 | |
1 | American Honda Finance Corp. | 1.800% | 1/13/31 | 4,775 | 4,227 | |
Aptiv plc | 4.350% | 3/15/29 | 1,950 | 2,010 | ||
Aptiv plc | 3.250% | 3/1/32 | 3,000 | 2,843 | ||
AutoNation Inc. | 3.800% | 11/15/27 | 5,677 | 5,683 | ||
AutoNation Inc. | 4.750% | 6/1/30 | 3,085 | 3,219 | ||
AutoNation Inc. | 2.400% | 8/1/31 | 2,971 | 2,589 | ||
AutoNation Inc. | 3.850% | 3/1/32 | 5,500 | 5,321 | ||
AutoZone Inc. | 3.750% | 6/1/27 | 5,681 | 5,824 | ||
AutoZone Inc. | 3.750% | 4/18/29 | 4,839 | 4,887 | ||
AutoZone Inc. | 4.000% | 4/15/30 | 6,826 | 7,004 | ||
AutoZone Inc. | 1.650% | 1/15/31 | 4,850 | 4,139 | ||
Best Buy Co. Inc. | 4.450% | 10/1/28 | 4,691 | 4,924 | ||
Best Buy Co. Inc. | 1.950% | 10/1/30 | 2,523 | 2,215 | ||
BorgWarner Inc. | 2.650% | 7/1/27 | 10,000 | 9,671 | ||
Brunswick Corp. | 2.400% | 8/18/31 | 3,073 | 2,607 | ||
Choice Hotels International Inc. | 3.700% | 12/1/29 | 233 | 231 | ||
3 | Daimler Finance North America LLC | 3.100% | 8/15/29 | 12,500 | 12,142 | |
Daimler Finance North America LLC | 8.500% | 1/18/31 | 3,750 | 5,051 | ||
3 | Daimler Finance North America LLC | 2.450% | 3/2/31 | 3,000 | 2,743 | |
Darden Restaurants Inc. | 3.850% | 5/1/27 | 4,225 | 4,292 | ||
Dick's Sporting Goods Inc. | 3.150% | 1/15/32 | 4,040 | 3,703 | ||
DR Horton Inc. | 1.400% | 10/15/27 | 5,259 | 4,697 | ||
eBay Inc. | 3.600% | 6/5/27 | 6,482 | 6,583 | ||
eBay Inc. | 2.700% | 3/11/30 | 8,528 | 8,034 | ||
eBay Inc. | 2.600% | 5/10/31 | 6,050 | 5,574 | ||
1 | Emory University | 2.143% | 9/1/30 | 3,675 | 3,449 | |
Fortune Brands Home & Security Inc. | 3.250% | 9/15/29 | 5,503 | 5,298 | ||
Fortune Brands Home & Security Inc. | 4.000% | 3/25/32 | 3,500 | 3,504 | ||
General Motors Co. | 4.200% | 10/1/27 | 6,382 | 6,426 | ||
General Motors Co. | 6.800% | 10/1/27 | 6,745 | 7,613 | ||
General Motors Co. | 5.000% | 10/1/28 | 9,620 | 10,041 | ||
General Motors Financial Co. Inc. | 2.700% | 8/20/27 | 4,643 | 4,367 | ||
General Motors Financial Co. Inc. | 3.850% | 1/5/28 | 5,770 | 5,692 | ||
General Motors Financial Co. Inc. | 2.400% | 4/10/28 | 5,499 | 4,995 | ||
General Motors Financial Co. Inc. | 2.400% | 10/15/28 | 4,438 | 3,990 | ||
General Motors Financial Co. Inc. | 5.650% | 1/17/29 | 2,915 | 3,156 |
Coupon | Maturity Date | Face Amount ($000) | Market Value ($000) | |||
General Motors Financial Co. Inc. | 3.600% | 6/21/30 | 9,148 | 8,743 | ||
General Motors Financial Co. Inc. | 2.350% | 1/8/31 | 1,442 | 1,246 | ||
General Motors Financial Co. Inc. | 2.700% | 6/10/31 | 2,050 | 1,805 | ||
General Motors Financial Co. Inc. | 3.100% | 1/12/32 | 16,775 | 15,095 | ||
Genuine Parts Co. | 1.875% | 11/1/30 | 3,725 | 3,227 | ||
Hasbro Inc. | 3.500% | 9/15/27 | 2,077 | 2,056 | ||
Hasbro Inc. | 3.900% | 11/19/29 | 11,031 | 11,076 | ||
Home Depot Inc. | 2.500% | 4/15/27 | 7,950 | 7,806 | ||
Home Depot Inc. | 2.800% | 9/14/27 | 7,481 | 7,435 | ||
Home Depot Inc. | 0.900% | 3/15/28 | 3,065 | 2,716 | ||
Home Depot Inc. | 1.500% | 9/15/28 | 11,079 | 10,098 | ||
Home Depot Inc. | 3.900% | 12/6/28 | 6,922 | 7,253 | ||
Home Depot Inc. | 2.950% | 6/15/29 | 9,706 | 9,615 | ||
Home Depot Inc. | 2.700% | 4/15/30 | 14,205 | 13,760 | ||
Home Depot Inc. | 1.375% | 3/15/31 | 11,827 | 10,197 | ||
Home Depot Inc. | 1.875% | 9/15/31 | 8,630 | 7,710 | ||
Home Depot Inc. | 3.250% | 4/15/32 | 7,700 | 7,701 | ||
Honda Motor Co. Ltd. | 2.967% | 3/10/32 | 10,000 | 9,675 | ||
Hyatt Hotels Corp. | 4.375% | 9/15/28 | 5,230 | 5,232 | ||
Hyatt Hotels Corp. | 5.750% | 4/23/30 | 3,950 | 4,359 | ||
JD.com Inc. | 3.875% | 4/29/26 | 104 | 103 | ||
JD.com Inc. | 3.375% | 1/14/30 | 5,575 | 5,265 | ||
Kohl's Corp. | 3.375% | 5/1/31 | 3,500 | 3,358 | ||
Las Vegas Sands Corp. | 3.900% | 8/8/29 | 6,550 | 6,003 | ||
Lear Corp. | 3.800% | 9/15/27 | 2,717 | 2,724 | ||
Lear Corp. | 4.250% | 5/15/29 | 3,000 | 3,040 | ||
Lear Corp. | 3.500% | 5/30/30 | 3,600 | 3,465 | ||
Leggett & Platt Inc. | 3.500% | 11/15/27 | 4,100 | 4,076 | ||
Leggett & Platt Inc. | 4.400% | 3/15/29 | 4,852 | 5,052 | ||
Leland Stanford Junior University | 1.289% | 6/1/27 | 4,328 | 3,985 | ||
Lennar Corp. | 5.000% | 6/15/27 | 459 | 482 | ||
Lennar Corp. | 4.750% | 11/29/27 | 11,767 | 12,270 | ||
Lowe's Cos. Inc. | 3.350% | 4/1/27 | 4,000 | 4,028 | ||
Lowe's Cos. Inc. | 3.100% | 5/3/27 | 8,891 | 8,823 | ||
Lowe's Cos. Inc. | 1.300% | 4/15/28 | 8,095 | 7,220 | ||
Lowe's Cos. Inc. | 1.700% | 9/15/28 | 5,100 | 4,621 | ||
Lowe's Cos. Inc. | 3.650% | 4/5/29 | 19,043 | 19,331 | ||
Lowe's Cos. Inc. | 4.500% | 4/15/30 | 6,635 | 7,093 | ||
Lowe's Cos. Inc. | 1.700% | 10/15/30 | 10,683 | 9,333 | ||
Lowe's Cos. Inc. | 2.625% | 4/1/31 | 13,239 | 12,393 | ||
Lowe's Cos. Inc. | 3.750% | 4/1/32 | 4,000 | 4,046 | ||
Magna International Inc. | 2.450% | 6/15/30 | 3,215 | 2,963 | ||
1 | Marriott International Inc. | 4.000% | 4/15/28 | 5,974 | 6,015 | |
1 | Marriott International Inc. | 4.625% | 6/15/30 | 7,245 | 7,562 | |
1 | Marriott International Inc. | 2.850% | 4/15/31 | 11,373 | 10,396 | |
Masco Corp. | 3.500% | 11/15/27 | 4,559 | 4,531 | ||
Masco Corp. | 1.500% | 2/15/28 | 5,195 | 4,585 | ||
Masco Corp. | 2.000% | 10/1/30 | 2,849 | 2,471 | ||
Masco Corp. | 2.000% | 2/15/31 | 3,315 | 2,876 | ||
1 | McDonald's Corp. | 3.500% | 7/1/27 | 9,785 | 9,958 | |
1 | McDonald's Corp. | 3.800% | 4/1/28 | 6,893 | 7,110 | |
1 | McDonald's Corp. | 2.625% | 9/1/29 | 8,536 | 8,148 | |
1 | McDonald's Corp. | 2.125% | 3/1/30 | 5,753 | 5,267 | |
1 | McDonald's Corp. | 3.600% | 7/1/30 | 7,740 | 7,875 | |
MDC Holdings Inc. | 2.500% | 1/15/31 | 3,962 | 3,465 | ||
Mohawk Industries Inc. | 3.625% | 5/15/30 | 4,475 | 4,395 | ||
NIKE Inc. | 2.850% | 3/27/30 | 10,997 | 10,856 | ||
NVR Inc. | 3.000% | 5/15/30 | 4,919 | 4,600 |
Coupon | Maturity Date | Face Amount ($000) | Market Value ($000) | |||
O'Reilly Automotive Inc. | 3.600% | 9/1/27 | 7,940 | 8,039 | ||
O'Reilly Automotive Inc. | 4.350% | 6/1/28 | 886 | 921 | ||
O'Reilly Automotive Inc. | 3.900% | 6/1/29 | 3,318 | 3,372 | ||
O'Reilly Automotive Inc. | 4.200% | 4/1/30 | 8,320 | 8,623 | ||
Owens Corning | 3.950% | 8/15/29 | 4,175 | 4,247 | ||
Owens Corning | 3.875% | 6/1/30 | 2,119 | 2,141 | ||
Ralph Lauren Corp. | 2.950% | 6/15/30 | 6,875 | 6,632 | ||
Ross Stores Inc. | 1.875% | 4/15/31 | 3,000 | 2,612 | ||
Sands China Ltd. | 5.400% | 8/8/28 | 16,900 | 16,640 | ||
3 | Sands China Ltd. | 3.100% | 3/8/29 | 2,800 | 2,367 | |
Sands China Ltd. | 4.375% | 6/18/30 | 6,120 | 5,566 | ||
3 | Sands China Ltd. | 3.250% | 8/8/31 | 4,752 | 3,858 | |
Stanley Black & Decker Inc. | 4.250% | 11/15/28 | 5,544 | 5,807 | ||
Stanley Black & Decker Inc. | 2.300% | 3/15/30 | 4,693 | 4,358 | ||
Starbucks Corp. | 3.500% | 3/1/28 | 6,308 | 6,361 | ||
Starbucks Corp. | 4.000% | 11/15/28 | 5,810 | 6,007 | ||
Starbucks Corp. | 3.550% | 8/15/29 | 1,839 | 1,852 | ||
Starbucks Corp. | 2.250% | 3/12/30 | 8,674 | 7,939 | ||
Starbucks Corp. | 2.550% | 11/15/30 | 9,320 | 8,673 | ||
Starbucks Corp. | 3.000% | 2/14/32 | 5,000 | 4,778 | ||
Steelcase Inc. | 5.125% | 1/18/29 | 4,075 | 4,266 | ||
Tapestry Inc. | 4.125% | 7/15/27 | 1,163 | 1,180 | ||
Tapestry Inc. | 3.050% | 3/15/32 | 3,200 | 2,929 | ||
TJX Cos. Inc. | 1.150% | 5/15/28 | 5,086 | 4,526 | ||
TJX Cos. Inc. | 3.875% | 4/15/30 | 5,555 | 5,791 | ||
Toll Brothers Finance Corp. | 4.350% | 2/15/28 | 2,120 | 2,137 | ||
Toll Brothers Finance Corp. | 3.800% | 11/1/29 | 3,000 | 2,906 | ||
Toyota Motor Corp. | 3.669% | 7/20/28 | 1,678 | 1,713 | ||
Toyota Motor Corp. | 2.760% | 7/2/29 | 4,199 | 4,074 | ||
1 | Toyota Motor Credit Corp. | 1.150% | 8/13/27 | 5,170 | 4,669 | |
1 | Toyota Motor Credit Corp. | 3.050% | 1/11/28 | 5,207 | 5,170 | |
1 | Toyota Motor Credit Corp. | 1.900% | 4/6/28 | 3,464 | 3,219 | |
Toyota Motor Credit Corp. | 3.650% | 1/8/29 | 3,730 | 3,825 | ||
1 | Toyota Motor Credit Corp. | 2.150% | 2/13/30 | 7,352 | 6,812 | |
1 | Toyota Motor Credit Corp. | 3.375% | 4/1/30 | 9,915 | 9,949 | |
1 | Toyota Motor Credit Corp. | 1.650% | 1/10/31 | 4,800 | 4,216 | |
Toyota Motor Credit Corp. | 1.900% | 9/12/31 | 5,615 | 4,983 | ||
1 | Toyota Motor Credit Corp. | 2.400% | 1/13/32 | 3,300 | 3,047 | |
Tractor Supply Co. | 1.750% | 11/1/30 | 5,500 | 4,727 | ||
VF Corp. | 2.800% | 4/23/27 | 4,600 | 4,546 | ||
VF Corp. | 2.950% | 4/23/30 | 7,565 | 7,207 | ||
Whirlpool Corp. | 4.750% | 2/26/29 | 9,823 | 10,528 | ||
Whirlpool Corp. | 2.400% | 5/15/31 | 1,238 | 1,131 | ||
1 | Yale University | 1.482% | 4/15/30 | 7,560 | 6,826 | |
910,836 | ||||||
Consumer Staples (2.7%) | ||||||
Ahold Finance USA LLC | 6.875% | 5/1/29 | 4,550 | 5,466 | ||
Altria Group Inc. | 2.625% | 9/16/26 | 4,757 | 4,595 | ||
Altria Group Inc. | 4.800% | 2/14/29 | 4,316 | 4,533 | ||
Altria Group Inc. | 3.400% | 5/6/30 | 7,751 | 7,462 | ||
Altria Group Inc. | 2.450% | 2/4/32 | 15,900 | 13,825 | ||
Anheuser-Busch InBev Worldwide Inc. | 4.000% | 4/13/28 | 15,200 | 15,779 | ||
Anheuser-Busch InBev Worldwide Inc. | 4.750% | 1/23/29 | 35,179 | 38,144 | ||
Anheuser-Busch InBev Worldwide Inc. | 3.500% | 6/1/30 | 22,605 | 22,952 | ||
Anheuser-Busch InBev Worldwide Inc. | 4.900% | 1/23/31 | 2,835 | 3,151 | ||
Archer-Daniels-Midland Co. | 3.250% | 3/27/30 | 8,517 | 8,585 | ||
Archer-Daniels-Midland Co. | 2.900% | 3/1/32 | 4,000 | 3,914 | ||
Avery Dennison Corp. | 4.875% | 12/6/28 | 4,045 | 4,322 |
Coupon | Maturity Date | Face Amount ($000) | Market Value ($000) | |||
Avery Dennison Corp. | 2.650% | 4/30/30 | 5,789 | 5,379 | ||
BAT Capital Corp. | 4.700% | 4/2/27 | 7,420 | 7,602 | ||
BAT Capital Corp. | 3.557% | 8/15/27 | 19,604 | 19,077 | ||
BAT Capital Corp. | 2.259% | 3/25/28 | 12,841 | 11,544 | ||
BAT Capital Corp. | 3.462% | 9/6/29 | 4,604 | 4,336 | ||
BAT Capital Corp. | 4.906% | 4/2/30 | 4,096 | 4,214 | ||
BAT Capital Corp. | 2.726% | 3/25/31 | 17,720 | 15,634 | ||
BAT Capital Corp. | 4.742% | 3/16/32 | 7,000 | 7,043 | ||
BAT International Finance plc | 4.448% | 3/16/28 | 5,550 | 5,563 | ||
Bunge Ltd. Finance Corp. | 3.750% | 9/25/27 | 4,617 | 4,645 | ||
Bunge Ltd. Finance Corp. | 2.750% | 5/14/31 | 8,568 | 7,867 | ||
Campbell Soup Co. | 4.150% | 3/15/28 | 3,095 | 3,177 | ||
Campbell Soup Co. | 2.375% | 4/24/30 | 6,965 | 6,356 | ||
Church & Dwight Co. Inc. | 3.150% | 8/1/27 | 3,095 | 3,094 | ||
Clorox Co. | 3.100% | 10/1/27 | 5,440 | 5,403 | ||
Clorox Co. | 3.900% | 5/15/28 | 200 | 205 | ||
Clorox Co. | 1.800% | 5/15/30 | 6,100 | 5,356 | ||
Coca-Cola Co. | 2.900% | 5/25/27 | 3,389 | 3,386 | ||
Coca-Cola Co. | 1.450% | 6/1/27 | 6,396 | 6,009 | ||
Coca-Cola Co. | 1.500% | 3/5/28 | 7,030 | 6,477 | ||
Coca-Cola Co. | 1.000% | 3/15/28 | 15,418 | 13,820 | ||
Coca-Cola Co. | 2.125% | 9/6/29 | 3,841 | 3,617 | ||
Coca-Cola Co. | 3.450% | 3/25/30 | 9,831 | 10,084 | ||
Coca-Cola Co. | 1.650% | 6/1/30 | 13,794 | 12,370 | ||
Coca-Cola Co. | 2.000% | 3/5/31 | 2,950 | 2,697 | ||
Coca-Cola Co. | 1.375% | 3/15/31 | 14,713 | 12,745 | ||
Coca-Cola Co. | 2.250% | 1/5/32 | 10,000 | 9,335 | ||
Coca-Cola Femsa SAB de CV | 2.750% | 1/22/30 | 8,700 | 8,320 | ||
Conagra Brands Inc. | 1.375% | 11/1/27 | 9,654 | 8,582 | ||
Conagra Brands Inc. | 4.850% | 11/1/28 | 11,716 | 12,423 | ||
Constellation Brands Inc. | 3.500% | 5/9/27 | 7,583 | 7,631 | ||
Constellation Brands Inc. | 3.600% | 2/15/28 | 4,007 | 3,995 | ||
Constellation Brands Inc. | 4.650% | 11/15/28 | 5,728 | 6,047 | ||
Constellation Brands Inc. | 3.150% | 8/1/29 | 6,308 | 6,090 | ||
Constellation Brands Inc. | 2.875% | 5/1/30 | 901 | 846 | ||
Constellation Brands Inc. | 2.250% | 8/1/31 | 11,224 | 9,905 | ||
Costco Wholesale Corp. | 3.000% | 5/18/27 | 14,221 | 14,311 | ||
Costco Wholesale Corp. | 1.375% | 6/20/27 | 5,212 | 4,848 | ||
Costco Wholesale Corp. | 1.600% | 4/20/30 | 18,824 | 16,879 | ||
Diageo Capital plc | 3.875% | 5/18/28 | 4,188 | 4,327 | ||
Diageo Capital plc | 2.375% | 10/24/29 | 8,450 | 7,997 | ||
Diageo Capital plc | 2.000% | 4/29/30 | 2,285 | 2,093 | ||
Dollar General Corp. | 3.875% | 4/15/27 | 6,901 | 7,106 | ||
Dollar General Corp. | 4.125% | 5/1/28 | 3,800 | 3,929 | ||
Dollar General Corp. | 3.500% | 4/3/30 | 13,039 | 12,990 | ||
Dollar Tree Inc. | 4.200% | 5/15/28 | 8,552 | 8,872 | ||
Dollar Tree Inc. | 2.650% | 12/1/31 | 6,310 | 5,769 | ||
Estee Lauder Cos. Inc. | 2.375% | 12/1/29 | 5,441 | 5,183 | ||
Estee Lauder Cos. Inc. | 2.600% | 4/15/30 | 7,847 | 7,557 | ||
Estee Lauder Cos. Inc. | 1.950% | 3/15/31 | 5,037 | 4,574 | ||
Flowers Foods Inc. | 2.400% | 3/15/31 | 3,620 | 3,246 | ||
General Mills Inc. | 4.200% | 4/17/28 | 5,998 | 6,263 | ||
General Mills Inc. | 2.875% | 4/15/30 | 7,515 | 7,213 | ||
General Mills Inc. | 2.250% | 10/14/31 | 3,254 | 2,920 | ||
3 | GSK Consumer Healthcare Capital US LLC | 3.375% | 3/24/29 | 8,000 | 7,920 | |
3 | GSK Consumer Healthcare Capital US LLC | 3.625% | 3/24/32 | 15,000 | 15,006 | |
Hershey Co. | 2.450% | 11/15/29 | 2,365 | 2,280 | ||
Hershey Co. | 1.700% | 6/1/30 | 2,560 | 2,304 |
Coupon | Maturity Date | Face Amount ($000) | Market Value ($000) | |||
Hormel Foods Corp. | 1.700% | 6/3/28 | 3,250 | 2,997 | ||
Hormel Foods Corp. | 1.800% | 6/11/30 | 10,807 | 9,682 | ||
Ingredion Inc. | 2.900% | 6/1/30 | 5,666 | 5,339 | ||
J M Smucker Co. | 3.375% | 12/15/27 | 2,139 | 2,143 | ||
J M Smucker Co. | 2.375% | 3/15/30 | 6,055 | 5,540 | ||
Kellogg Co. | 3.400% | 11/15/27 | 6,449 | 6,462 | ||
Kellogg Co. | 4.300% | 5/15/28 | 2,715 | 2,838 | ||
Kellogg Co. | 2.100% | 6/1/30 | 2,950 | 2,654 | ||
1 | Kellogg Co. | 7.450% | 4/1/31 | 1,932 | 2,471 | |
Keurig Dr Pepper Inc. | 3.430% | 6/15/27 | 4,642 | 4,658 | ||
Keurig Dr Pepper Inc. | 4.597% | 5/25/28 | 14,836 | 15,689 | ||
Keurig Dr Pepper Inc. | 3.200% | 5/1/30 | 5,731 | 5,572 | ||
Keurig Dr Pepper Inc. | 2.250% | 3/15/31 | 5,060 | 4,551 | ||
Kimberly-Clark Corp. | 1.050% | 9/15/27 | 6,557 | 5,960 | ||
Kimberly-Clark Corp. | 3.950% | 11/1/28 | 2,707 | 2,838 | ||
Kimberly-Clark Corp. | 3.200% | 4/25/29 | 5,700 | 5,759 | ||
Kimberly-Clark Corp. | 3.100% | 3/26/30 | 6,322 | 6,331 | ||
Kimberly-Clark Corp. | 2.000% | 11/2/31 | 5,000 | 4,559 | ||
Kraft Heinz Foods Co. | 3.875% | 5/15/27 | 9,200 | 9,343 | ||
Kraft Heinz Foods Co. | 3.750% | 4/1/30 | 8,000 | 8,013 | ||
Kraft Heinz Foods Co. | 4.250% | 3/1/31 | 7,950 | 8,204 | ||
Kroger Co. | 3.700% | 8/1/27 | 1,999 | 2,052 | ||
Kroger Co. | 4.500% | 1/15/29 | 3,093 | 3,297 | ||
1 | Kroger Co. | 7.700% | 6/1/29 | 1,000 | 1,269 | |
Kroger Co. | 2.200% | 5/1/30 | 9,668 | 8,846 | ||
Kroger Co. | 1.700% | 1/15/31 | 3,630 | 3,161 | ||
McCormick & Co. Inc. | 3.400% | 8/15/27 | 10,278 | 10,347 | ||
McCormick & Co. Inc. | 2.500% | 4/15/30 | 4,325 | 4,015 | ||
McCormick & Co. Inc. | 1.850% | 2/15/31 | 2,036 | 1,774 | ||
Mondelez International Inc. | 2.750% | 4/13/30 | 7,368 | 7,045 | ||
Mondelez International Inc. | 1.500% | 2/4/31 | 5,153 | 4,409 | ||
Mondelez International Inc. | 3.000% | 3/17/32 | 2,500 | 2,413 | ||
PepsiCo Inc. | 3.000% | 10/15/27 | 11,864 | 11,955 | ||
PepsiCo Inc. | 7.000% | 3/1/29 | 700 | 874 | ||
PepsiCo Inc. | 2.625% | 7/29/29 | 6,905 | 6,770 | ||
PepsiCo Inc. | 2.750% | 3/19/30 | 8,810 | 8,636 | ||
PepsiCo Inc. | 1.625% | 5/1/30 | 16,105 | 14,497 | ||
PepsiCo Inc. | 1.950% | 10/21/31 | 11,075 | 10,109 | ||
Philip Morris International Inc. | 3.125% | 8/17/27 | 3,020 | 2,999 | ||
Philip Morris International Inc. | 3.125% | 3/2/28 | 5,233 | 5,156 | ||
Philip Morris International Inc. | 3.375% | 8/15/29 | 5,768 | 5,742 | ||
Philip Morris International Inc. | 2.100% | 5/1/30 | 8,244 | 7,423 | ||
Philip Morris International Inc. | 1.750% | 11/1/30 | 2,747 | 2,382 | ||
Procter & Gamble Co. | 3.000% | 3/25/30 | 8,064 | 8,107 | ||
Procter & Gamble Co. | 1.200% | 10/29/30 | 16,731 | 14,577 | ||
Procter & Gamble Co. | 1.950% | 4/23/31 | 4,008 | 3,713 | ||
Procter & Gamble Co. | 2.300% | 2/1/32 | 3,000 | 2,858 | ||
Sysco Corp. | 3.250% | 7/15/27 | 9,367 | 9,326 | ||
Sysco Corp. | 2.400% | 2/15/30 | 6,275 | 5,827 | ||
Sysco Corp. | 5.950% | 4/1/30 | 7,326 | 8,508 | ||
Sysco Corp. | 2.450% | 12/14/31 | 3,000 | 2,763 | ||
Target Corp. | 3.375% | 4/15/29 | 7,890 | 8,148 | ||
Target Corp. | 2.350% | 2/15/30 | 4,742 | 4,521 | ||
Target Corp. | 2.650% | 9/15/30 | 2 | 2 | ||
Tyson Foods Inc. | 3.550% | 6/2/27 | 5,904 | 5,961 | ||
Tyson Foods Inc. | 4.350% | 3/1/29 | 9,268 | 9,746 | ||
Unilever Capital Corp. | 2.900% | 5/5/27 | 7,795 | 7,748 | ||
Unilever Capital Corp. | 2.125% | 9/6/29 | 10,234 | 9,590 |
Coupon | Maturity Date | Face Amount ($000) | Market Value ($000) | |||
Unilever Capital Corp. | 1.375% | 9/14/30 | 4,998 | 4,322 | ||
Unilever Capital Corp. | 1.750% | 8/12/31 | 7,515 | 6,651 | ||
Walgreens Boots Alliance Inc. | 3.200% | 4/15/30 | 4,065 | 3,966 | ||
Walmart Inc. | 3.700% | 6/26/28 | 22,797 | 23,829 | ||
Walmart Inc. | 1.500% | 9/22/28 | 6,000 | 5,514 | ||
Walmart Inc. | 3.250% | 7/8/29 | 10,598 | 10,918 | ||
Walmart Inc. | 2.375% | 9/24/29 | 10,818 | 10,475 | ||
Walmart Inc. | 1.800% | 9/22/31 | 4,150 | 3,778 | ||
964,811 | ||||||
Energy (2.7%) | ||||||
Baker Hughes Holdings LLC | 3.337% | 12/15/27 | 9,166 | 9,126 | ||
Baker Hughes Holdings LLC | 3.138% | 11/7/29 | 5,150 | 5,032 | ||
Baker Hughes Holdings LLC | 4.486% | 5/1/30 | 7,375 | 7,883 | ||
Boardwalk Pipelines LP | 4.450% | 7/15/27 | 2,715 | 2,776 | ||
Boardwalk Pipelines LP | 4.800% | 5/3/29 | 3,165 | 3,291 | ||
Boardwalk Pipelines LP | 3.400% | 2/15/31 | 2,833 | 2,682 | ||
BP Capital Markets America Inc. | 3.543% | 4/6/27 | 9,394 | 9,511 | ||
1 | BP Capital Markets America Inc. | 3.588% | 4/14/27 | 7,253 | 7,357 | |
BP Capital Markets America Inc. | 3.937% | 9/21/28 | 10,672 | 11,040 | ||
BP Capital Markets America Inc. | 4.234% | 11/6/28 | 14,565 | 15,302 | ||
BP Capital Markets America Inc. | 3.633% | 4/6/30 | 12,457 | 12,651 | ||
BP Capital Markets America Inc. | 1.749% | 8/10/30 | 4,720 | 4,180 | ||
BP Capital Markets America Inc. | 2.721% | 1/12/32 | 15,885 | 14,970 | ||
BP Capital Markets plc | 3.279% | 9/19/27 | 11,160 | 11,268 | ||
BP Capital Markets plc | 3.723% | 11/28/28 | 5,477 | 5,587 | ||
Burlington Resources LLC | 7.200% | 8/15/31 | 600 | 783 | ||
Canadian Natural Resources Ltd. | 3.850% | 6/1/27 | 13,291 | 13,448 | ||
Canadian Natural Resources Ltd. | 2.950% | 7/15/30 | 6,566 | 6,207 | ||
Cenovus Energy Inc. | 4.250% | 4/15/27 | 9,920 | 10,250 | ||
Cenovus Energy Inc. | 4.400% | 4/15/29 | 7,385 | 7,666 | ||
Cheniere Corpus Christi Holdings LLC | 5.125% | 6/30/27 | 12,907 | 13,762 | ||
Cheniere Corpus Christi Holdings LLC | 3.700% | 11/15/29 | 12,617 | 12,577 | ||
Chevron Corp. | 1.995% | 5/11/27 | 6,175 | 5,932 | ||
Chevron Corp. | 2.236% | 5/11/30 | 15,075 | 14,254 | ||
Chevron USA Inc. | 1.018% | 8/12/27 | 5,150 | 4,676 | ||
Chevron USA Inc. | 3.850% | 1/15/28 | 5,262 | 5,478 | ||
Chevron USA Inc. | 3.250% | 10/15/29 | 6,075 | 6,173 | ||
CNOOC Finance 2013 Ltd. | 2.875% | 9/30/29 | 3,400 | 3,257 | ||
CNOOC Finance 2015 USA LLC | 4.375% | 5/2/28 | 13,575 | 14,145 | ||
3 | ConocoPhillips | 4.300% | 8/15/28 | 4,510 | 4,755 | |
3 | ConocoPhillips | 2.400% | 2/15/31 | 4,590 | 4,301 | |
ConocoPhillips Co. | 6.950% | 4/15/29 | 9,498 | 11,730 | ||
Continental Resources Inc. | 4.375% | 1/15/28 | 5,071 | 5,143 | ||
3 | Coterra Energy Inc. | 3.900% | 5/15/27 | 6,902 | 6,971 | |
3 | Coterra Energy Inc. | 4.375% | 3/15/29 | 4,250 | 4,429 | |
Devon Energy Corp. | 5.250% | 10/15/27 | 3,506 | 3,623 | ||
Devon Energy Corp. | 5.875% | 6/15/28 | 3,114 | 3,289 | ||
Devon Energy Corp. | 4.500% | 1/15/30 | 4,992 | 5,125 | ||
Devon Energy Corp. | 7.875% | 9/30/31 | 3,000 | 3,895 | ||
Diamondback Energy Inc. | 3.500% | 12/1/29 | 10,033 | 9,936 | ||
Diamondback Energy Inc. | 3.125% | 3/24/31 | 8,772 | 8,380 | ||
3 | Eastern Gas Transmission & Storage Inc. | 3.000% | 11/15/29 | 4,000 | 3,854 | |
Enbridge Inc. | 3.700% | 7/15/27 | 5,771 | 5,842 | ||
Enbridge Inc. | 3.125% | 11/15/29 | 6,077 | 5,917 | ||
Energy Transfer LP | 4.200% | 4/15/27 | 5,750 | 5,843 | ||
1 | Energy Transfer LP | 5.500% | 6/1/27 | 5,242 | 5,617 | |
Energy Transfer LP | 4.000% | 10/1/27 | 6,465 | 6,487 | ||
Energy Transfer LP | 4.950% | 5/15/28 | 8,275 | 8,599 |
Coupon | Maturity Date | Face Amount ($000) | Market Value ($000) | |||
Energy Transfer LP | 4.950% | 6/15/28 | 10,900 | 11,442 | ||
Energy Transfer LP | 5.250% | 4/15/29 | 12,282 | 13,162 | ||
Energy Transfer LP | 4.150% | 9/15/29 | 3,540 | 3,553 | ||
Energy Transfer LP | 3.750% | 5/15/30 | 11,475 | 11,307 | ||
Enterprise Products Operating LLC | 4.150% | 10/16/28 | 9,125 | 9,509 | ||
Enterprise Products Operating LLC | 3.125% | 7/31/29 | 10,309 | 10,134 | ||
Enterprise Products Operating LLC | 2.800% | 1/31/30 | 8,290 | 7,962 | ||
1 | Enterprise Products Operating LLC | 5.250% | 8/16/77 | 4,650 | 4,359 | |
1 | Enterprise Products Operating LLC | 5.375% | 2/15/78 | 9,149 | 8,496 | |
EOG Resources Inc. | 4.375% | 4/15/30 | 6,311 | 6,824 | ||
EQT Corp. | 3.900% | 10/1/27 | 2,500 | 2,495 | ||
EQT Corp. | 5.000% | 1/15/29 | 3,000 | 3,098 | ||
EQT Corp. | 7.500% | 2/1/30 | 3,400 | 3,942 | ||
Exxon Mobil Corp. | 2.275% | 8/16/26 | 1,591 | 1,559 | ||
Exxon Mobil Corp. | 2.440% | 8/16/29 | 8,403 | 8,054 | ||
Exxon Mobil Corp. | 3.482% | 3/19/30 | 20,695 | 21,220 | ||
Exxon Mobil Corp. | 2.610% | 10/15/30 | 13,835 | 13,312 | ||
Halliburton Co. | 2.920% | 3/1/30 | 4,328 | 4,190 | ||
3 | Helmerich & Payne Inc. | 2.900% | 9/29/31 | 4,235 | 3,886 | |
Hess Corp. | 4.300% | 4/1/27 | 13,489 | 13,857 | ||
Hess Corp. | 7.300% | 8/15/31 | 4,081 | 5,007 | ||
HollyFrontier Corp. | 4.500% | 10/1/30 | 3,123 | 3,049 | ||
Kinder Morgan Inc. | 4.300% | 3/1/28 | 15,784 | 16,372 | ||
Kinder Morgan Inc. | 2.000% | 2/15/31 | 7,380 | 6,470 | ||
1 | Kinder Morgan Inc. | 7.800% | 8/1/31 | 1,000 | 1,278 | |
Magellan Midstream Partners LP | 3.250% | 6/1/30 | 4,161 | 4,056 | ||
Marathon Oil Corp. | 4.400% | 7/15/27 | 6,265 | 6,468 | ||
Marathon Petroleum Corp. | 3.800% | 4/1/28 | 4,956 | 4,991 | ||
MPLX LP | 4.250% | 12/1/27 | 5,946 | 6,109 | ||
MPLX LP | 4.000% | 3/15/28 | 7,763 | 7,883 | ||
MPLX LP | 4.800% | 2/15/29 | 7,523 | 8,023 | ||
MPLX LP | 2.650% | 8/15/30 | 14,205 | 13,045 | ||
NOV Inc. | 3.600% | 12/1/29 | 2,495 | 2,453 | ||
ONEOK Inc. | 4.000% | 7/13/27 | 4,949 | 4,980 | ||
ONEOK Inc. | 4.550% | 7/15/28 | 6,228 | 6,417 | ||
ONEOK Inc. | 4.350% | 3/15/29 | 8,608 | 8,789 | ||
ONEOK Inc. | 3.400% | 9/1/29 | 6,125 | 5,897 | ||
ONEOK Inc. | 3.100% | 3/15/30 | 3,390 | 3,175 | ||
ONEOK Inc. | 6.350% | 1/15/31 | 550 | 637 | ||
Ovintiv Inc. | 7.200% | 11/1/31 | 2,695 | 3,239 | ||
Ovintiv Inc. | 7.375% | 11/1/31 | 4,550 | 5,591 | ||
Phillips 66 | 3.900% | 3/15/28 | 1,626 | 1,654 | ||
Phillips 66 | 2.150% | 12/15/30 | 8,098 | 7,212 | ||
Phillips 66 Partners LP | 3.750% | 3/1/28 | 4,595 | 4,594 | ||
Phillips 66 Partners LP | 3.150% | 12/15/29 | 4,375 | 4,224 | ||
Pioneer Natural Resources Co. | 1.900% | 8/15/30 | 9,297 | 8,240 | ||
Pioneer Natural Resources Co. | 2.150% | 1/15/31 | 5,597 | 5,039 | ||
Plains All American Pipeline LP | 3.550% | 12/15/29 | 11,063 | 10,696 | ||
Plains All American Pipeline LP | 3.800% | 9/15/30 | 4,510 | 4,416 | ||
Sabine Pass Liquefaction LLC | 4.200% | 3/15/28 | 12,756 | 13,125 | ||
Sabine Pass Liquefaction LLC | 4.500% | 5/15/30 | 17,208 | 18,033 | ||
Schlumberger Investment SA | 2.650% | 6/26/30 | 12,023 | 11,430 | ||
Shell International Finance BV | 3.875% | 11/13/28 | 5,060 | 5,280 | ||
Shell International Finance BV | 2.375% | 11/7/29 | 12,941 | 12,267 | ||
Shell International Finance BV | 2.750% | 4/6/30 | 14,870 | 14,427 | ||
Targa Resources Partners LP | 6.500% | 7/15/27 | 3,000 | 3,161 | ||
Targa Resources Partners LP | 5.000% | 1/15/28 | 4,800 | 4,869 | ||
Targa Resources Partners LP | 6.875% | 1/15/29 | 5,000 | 5,366 |
Coupon | Maturity Date | Face Amount ($000) | Market Value ($000) | |||
Targa Resources Partners LP | 5.500% | 3/1/30 | 4,000 | 4,156 | ||
Targa Resources Partners LP | 4.875% | 2/1/31 | 5,000 | 5,039 | ||
Targa Resources Partners LP | 4.000% | 1/15/32 | 7,455 | 7,155 | ||
TC PipeLines LP | 3.900% | 5/25/27 | 4,670 | 4,770 | ||
Tennessee Gas Pipeline Co. LLC | 7.000% | 10/15/28 | 1,875 | 2,203 | ||
Tosco Corp. | 8.125% | 2/15/30 | 2,469 | 3,237 | ||
TotalEnergies Capital International SA | 3.455% | 2/19/29 | 8,078 | 8,203 | ||
TotalEnergies Capital International SA | 2.829% | 1/10/30 | 6,607 | 6,449 | ||
TotalEnergies Capital SA | 3.883% | 10/11/28 | 7,994 | 8,272 | ||
TransCanada PipeLines Ltd. | 4.250% | 5/15/28 | 10,472 | 10,892 | ||
TransCanada PipeLines Ltd. | 4.100% | 4/15/30 | 12,875 | 13,306 | ||
TransCanada PipeLines Ltd. | 2.500% | 10/12/31 | 8,119 | 7,375 | ||
Transcontinental Gas Pipe Line Co. LLC | 4.000% | 3/15/28 | 3,905 | 3,988 | ||
Transcontinental Gas Pipe Line Co. LLC | 3.250% | 5/15/30 | 10,479 | 10,227 | ||
Valero Energy Corp. | 2.150% | 9/15/27 | 4,418 | 4,135 | ||
Valero Energy Corp. | 4.350% | 6/1/28 | 8,325 | 8,617 | ||
Valero Energy Corp. | 4.000% | 4/1/29 | 7,260 | 7,417 | ||
Valero Energy Corp. | 2.800% | 12/1/31 | 6,490 | 5,985 | ||
Valero Energy Partners LP | 4.500% | 3/15/28 | 5,094 | 5,239 | ||
Williams Cos. Inc. | 3.750% | 6/15/27 | 13,116 | 13,282 | ||
Williams Cos. Inc. | 3.500% | 11/15/30 | 9,575 | 9,474 | ||
1 | Williams Cos. Inc. | 7.500% | 1/15/31 | 1,311 | 1,628 | |
Williams Cos. Inc. | 2.600% | 3/15/31 | 12,437 | 11,441 | ||
937,813 | ||||||
Financials (11.3%) | ||||||
1 | Aegon NV | 5.500% | 4/11/48 | 4,475 | 4,709 | |
AerCap Ireland Capital DAC | 3.650% | 7/21/27 | 12,922 | 12,536 | ||
AerCap Ireland Capital DAC | 4.625% | 10/15/27 | 4,691 | 4,748 | ||
AerCap Ireland Capital DAC | 3.875% | 1/23/28 | 6,985 | 6,792 | ||
AerCap Ireland Capital DAC | 3.000% | 10/29/28 | 27,495 | 25,346 | ||
AerCap Ireland Capital DAC | 3.300% | 1/30/32 | 30,250 | 27,343 | ||
Affiliated Managers Group Inc. | 3.300% | 6/15/30 | 6,940 | 6,751 | ||
Aflac Inc. | 3.600% | 4/1/30 | 9,767 | 10,090 | ||
Air Lease Corp. | 3.625% | 4/1/27 | 4,238 | 4,157 | ||
Air Lease Corp. | 3.625% | 12/1/27 | 6,643 | 6,463 | ||
Air Lease Corp. | 2.100% | 9/1/28 | 8,260 | 7,341 | ||
Air Lease Corp. | 4.625% | 10/1/28 | 2,874 | 2,928 | ||
Air Lease Corp. | 3.250% | 10/1/29 | 5,705 | 5,385 | ||
1 | Air Lease Corp. | 3.000% | 2/1/30 | 4,943 | 4,551 | |
Air Lease Corp. | 3.125% | 12/1/30 | 4,777 | 4,414 | ||
Air Lease Corp. | 2.875% | 1/15/32 | 4,000 | 3,574 | ||
Alleghany Corp. | 3.625% | 5/15/30 | 4,810 | 4,842 | ||
Allstate Corp. | 1.450% | 12/15/30 | 4,222 | 3,647 | ||
Ally Financial Inc. | 2.200% | 11/2/28 | 9,029 | 8,161 | ||
1 | Ally Financial Inc. | 8.000% | 11/1/31 | 17,463 | 21,904 | |
American Equity Investment Life Holding Co. | 5.000% | 6/15/27 | 4,610 | 4,820 | ||
3 | American Express Co. | 3.300% | 5/3/27 | 19,452 | 19,548 | |
American Financial Group Inc. | 5.250% | 4/2/30 | 3,062 | 3,325 | ||
American International Group Inc. | 4.200% | 4/1/28 | 3,655 | 3,803 | ||
American International Group Inc. | 4.250% | 3/15/29 | 3,212 | 3,370 | ||
American International Group Inc. | 3.400% | 6/30/30 | 17,171 | 17,148 | ||
1 | American International Group Inc. | 5.750% | 4/1/48 | 5,160 | 5,162 | |
1 | Andrew W Mellon Foundation | 0.947% | 8/1/27 | 2,525 | 2,286 | |
Aon Corp. | 2.850% | 5/28/27 | 3,250 | 3,185 | ||
Aon Corp. | 4.500% | 12/15/28 | 200 | 210 | ||
Aon Corp. | 3.750% | 5/2/29 | 7,752 | 7,926 | ||
Aon Corp. | 2.800% | 5/15/30 | 8,223 | 7,827 | ||
Aon Corp. | 2.600% | 12/2/31 | 5,000 | 4,608 |
Coupon | Maturity Date | Face Amount ($000) | Market Value ($000) | |||
Ares Capital Corp. | 2.875% | 6/15/27 | 3,300 | 3,010 | ||
Ares Capital Corp. | 2.875% | 6/15/28 | 7,211 | 6,394 | ||
Ares Capital Corp. | 3.200% | 11/15/31 | 5,880 | 4,994 | ||
Arthur J Gallagher & Co. | 2.400% | 11/9/31 | 3,175 | 2,823 | ||
Assurant Inc. | 4.900% | 3/27/28 | 3,625 | 3,807 | ||
Assurant Inc. | 3.700% | 2/22/30 | 2,505 | 2,416 | ||
Assured Guaranty US Holdings Inc. | 3.150% | 6/15/31 | 4,300 | 4,087 | ||
Athene Holding Ltd. | 4.125% | 1/12/28 | 4,305 | 4,334 | ||
Athene Holding Ltd. | 6.150% | 4/3/30 | 8,611 | 9,700 | ||
Athene Holding Ltd. | 3.500% | 1/15/31 | 7,043 | 6,739 | ||
AXA SA | 8.600% | 12/15/30 | 9,833 | 13,026 | ||
AXIS Specialty Finance LLC | 3.900% | 7/15/29 | 1,350 | 1,351 | ||
1 | AXIS Specialty Finance LLC | 4.900% | 1/15/40 | 3,467 | 3,405 | |
AXIS Specialty Finance plc | 4.000% | 12/6/27 | 3,305 | 3,340 | ||
Banco Santander SA | 4.250% | 4/11/27 | 11,063 | 11,190 | ||
Banco Santander SA | 3.800% | 2/23/28 | 2,421 | 2,385 | ||
Banco Santander SA | 4.379% | 4/12/28 | 5,550 | 5,626 | ||
Banco Santander SA | 3.306% | 6/27/29 | 7,041 | 6,824 | ||
Banco Santander SA | 3.490% | 5/28/30 | 16,955 | 16,374 | ||
Banco Santander SA | 2.749% | 12/3/30 | 7,394 | 6,501 | ||
Banco Santander SA | 2.958% | 3/25/31 | 8,035 | 7,418 | ||
1 | Bank of America Corp. | 4.250% | 10/22/26 | 87 | 90 | |
1 | Bank of America Corp. | 3.248% | 10/21/27 | 19,299 | 19,246 | |
1 | Bank of America Corp. | 3.705% | 4/24/28 | 16,616 | 16,748 | |
1 | Bank of America Corp. | 3.593% | 7/21/28 | 17,422 | 17,465 | |
1 | Bank of America Corp. | 3.419% | 12/20/28 | 50,666 | 50,213 | |
1 | Bank of America Corp. | 3.970% | 3/5/29 | 16,359 | 16,636 | |
1 | Bank of America Corp. | 2.087% | 6/14/29 | 15,505 | 14,169 | |
1 | Bank of America Corp. | 4.271% | 7/23/29 | 35,710 | 36,879 | |
1 | Bank of America Corp. | 3.974% | 2/7/30 | 19,930 | 20,259 | |
1 | Bank of America Corp. | 3.194% | 7/23/30 | 5,783 | 5,599 | |
1 | Bank of America Corp. | 2.884% | 10/22/30 | 8,205 | 7,775 | |
1 | Bank of America Corp. | 2.496% | 2/13/31 | 30,620 | 28,097 | |
1 | Bank of America Corp. | 2.592% | 4/29/31 | 18,293 | 16,898 | |
1 | Bank of America Corp. | 1.898% | 7/23/31 | 24,660 | 21,536 | |
1 | Bank of America Corp. | 1.922% | 10/24/31 | 18,183 | 15,845 | |
1 | Bank of America Corp. | 2.651% | 3/11/32 | 17,958 | 16,512 | |
Bank of America Corp. | 2.687% | 4/22/32 | 51,050 | 46,922 | ||
Bank of America Corp. | 2.299% | 7/21/32 | 42,097 | 37,464 | ||
Bank of America Corp. | 2.572% | 10/20/32 | 18,517 | 16,865 | ||
Bank of America Corp. | 2.972% | 2/4/33 | 38,707 | 36,305 | ||
Bank of America Corp. | 2.482% | 9/21/36 | 17,560 | 15,122 | ||
Bank of America Corp. | 3.846% | 3/8/37 | 19,167 | 18,364 | ||
1 | Bank of Montreal | 3.803% | 12/15/32 | 9,495 | 9,402 | |
1 | Bank of New York Mellon Corp. | 3.250% | 5/16/27 | 11,009 | 11,132 | |
1 | Bank of New York Mellon Corp. | 3.400% | 1/29/28 | 10,269 | 10,418 | |
1 | Bank of New York Mellon Corp. | 1.650% | 7/14/28 | 495 | 454 | |
1 | Bank of New York Mellon Corp. | 3.300% | 8/23/29 | 10,373 | 10,348 | |
1 | Bank of New York Mellon Corp. | 1.800% | 7/28/31 | 1,745 | 1,544 | |
Bank of New York Mellon Corp. | 2.500% | 1/26/32 | 2,365 | 2,212 | ||
Bank of Nova Scotia | 2.150% | 8/1/31 | 5,305 | 4,782 | ||
Bank of Nova Scotia | 2.450% | 2/2/32 | 4,427 | 4,070 | ||
BankUnited Inc. | 5.125% | 6/11/30 | 4,400 | 4,534 | ||
Barclays plc | 4.337% | 1/10/28 | 6,095 | 6,198 | ||
Barclays plc | 4.836% | 5/9/28 | 19,328 | 19,750 | ||
1 | Barclays plc | 4.972% | 5/16/29 | 14,033 | 14,734 | |
1 | Barclays plc | 5.088% | 6/20/30 | 9,165 | 9,501 | |
Barclays plc | 2.645% | 6/24/31 | 7,973 | 7,246 |
Coupon | Maturity Date | Face Amount ($000) | Market Value ($000) | |||
Barclays plc | 2.667% | 3/10/32 | 3,262 | 2,925 | ||
Barclays plc | 2.894% | 11/24/32 | 10,000 | 9,076 | ||
Barclays plc | 3.564% | 9/23/35 | 16,016 | 14,735 | ||
Berkshire Hathaway Finance Corp. | 1.850% | 3/12/30 | 6,138 | 5,606 | ||
Berkshire Hathaway Finance Corp. | 1.450% | 10/15/30 | 4,004 | 3,506 | ||
Berkshire Hathaway Finance Corp. | 2.875% | 3/15/32 | 2,000 | 1,940 | ||
BlackRock Inc. | 3.250% | 4/30/29 | 8,353 | 8,469 | ||
BlackRock Inc. | 2.400% | 4/30/30 | 7,820 | 7,400 | ||
BlackRock Inc. | 1.900% | 1/28/31 | 4,681 | 4,217 | ||
BlackRock Inc. | 2.100% | 2/25/32 | 5,041 | 4,567 | ||
3 | Blackstone Private Credit Fund | 4.000% | 1/15/29 | 2,105 | 1,949 | |
3 | Blackstone Secured Lending Fund | 2.850% | 9/30/28 | 4,710 | 4,087 | |
Brighthouse Financial Inc. | 5.625% | 5/15/30 | 6,605 | 7,277 | ||
Brookfield Finance Inc. | 3.900% | 1/25/28 | 9,150 | 9,204 | ||
Brookfield Finance Inc. | 4.850% | 3/29/29 | 7,625 | 8,120 | ||
Brookfield Finance Inc. | 4.350% | 4/15/30 | 8,562 | 8,883 | ||
Brookfield Finance Inc. | 2.724% | 4/15/31 | 4,000 | 3,697 | ||
Brown & Brown Inc. | 4.500% | 3/15/29 | 2,905 | 3,005 | ||
Brown & Brown Inc. | 2.375% | 3/15/31 | 5,394 | 4,749 | ||
Brown & Brown Inc. | 4.200% | 3/17/32 | 2,000 | 2,032 | ||
4 | Canadian Imperial Bank of Commerce | 3.450% | 4/7/27 | 5,800 | 5,789 | |
Capital One Financial Corp. | 3.650% | 5/11/27 | 7,817 | 7,838 | ||
Capital One Financial Corp. | 1.878% | 11/2/27 | 200 | 185 | ||
Capital One Financial Corp. | 3.800% | 1/31/28 | 16,562 | 16,705 | ||
Capital One Financial Corp. | 3.273% | 3/1/30 | 1,000 | 967 | ||
Capital One Financial Corp. | 2.359% | 7/29/32 | 5,645 | 4,832 | ||
Capital One Financial Corp. | 2.618% | 11/2/32 | 3,670 | 3,296 | ||
Cboe Global Markets Inc. | 1.625% | 12/15/30 | 4,700 | 4,099 | ||
Charles Schwab Corp. | 3.450% | 2/13/26 | 300 | 305 | ||
Charles Schwab Corp. | 3.300% | 4/1/27 | 6,742 | 6,793 | ||
Charles Schwab Corp. | 3.200% | 1/25/28 | 6,362 | 6,367 | ||
Charles Schwab Corp. | 2.000% | 3/20/28 | 11,682 | 10,943 | ||
Charles Schwab Corp. | 4.000% | 2/1/29 | 7,277 | 7,599 | ||
Charles Schwab Corp. | 3.250% | 5/22/29 | 6,456 | 6,441 | ||
Charles Schwab Corp. | 2.750% | 10/1/29 | 5,690 | 5,482 | ||
Charles Schwab Corp. | 4.625% | 3/22/30 | 1,300 | 1,415 | ||
Charles Schwab Corp. | 2.300% | 5/13/31 | 15,604 | 14,351 | ||
Charles Schwab Corp. | 2.900% | 3/3/32 | 5,000 | 4,813 | ||
Chubb INA Holdings Inc. | 1.375% | 9/15/30 | 12,723 | 11,085 | ||
CI Financial Corp. | 3.200% | 12/17/30 | 9,650 | 8,775 | ||
1 | Cincinnati Financial Corp. | 6.920% | 5/15/28 | 3,225 | 3,839 | |
Citigroup Inc. | 4.450% | 9/29/27 | 39,371 | 40,589 | ||
Citigroup Inc. | 6.625% | 1/15/28 | 875 | 1,010 | ||
1 | Citigroup Inc. | 3.668% | 7/24/28 | 20,788 | 20,807 | |
Citigroup Inc. | 4.125% | 7/25/28 | 3,582 | 3,639 | ||
1 | Citigroup Inc. | 3.520% | 10/27/28 | 23,161 | 23,001 | |
1 | Citigroup Inc. | 4.075% | 4/23/29 | 7,066 | 7,215 | |
1 | Citigroup Inc. | 3.980% | 3/20/30 | 26,797 | 27,279 | |
1 | Citigroup Inc. | 2.976% | 11/5/30 | 13,617 | 12,951 | |
1 | Citigroup Inc. | 2.666% | 1/29/31 | 17,250 | 16,025 | |
1 | Citigroup Inc. | 4.412% | 3/31/31 | 45,821 | 47,712 | |
1 | Citigroup Inc. | 2.572% | 6/3/31 | 23,567 | 21,564 | |
Citigroup Inc. | 2.520% | 11/3/32 | 10,313 | 9,248 | ||
Citigroup Inc. | 3.057% | 1/25/33 | 16,627 | 15,563 | ||
Citigroup Inc. | 3.785% | 3/17/33 | 20,680 | 20,551 | ||
Citizens Financial Group Inc. | 2.500% | 2/6/30 | 4,694 | 4,344 | ||
Citizens Financial Group Inc. | 3.250% | 4/30/30 | 6,409 | 6,258 | ||
CME Group Inc. | 3.750% | 6/15/28 | 4,750 | 4,896 |
Coupon | Maturity Date | Face Amount ($000) | Market Value ($000) | |||
CME Group Inc. | 2.650% | 3/15/32 | 5,000 | 4,784 | ||
CNA Financial Corp. | 3.450% | 8/15/27 | 3,783 | 3,788 | ||
CNA Financial Corp. | 3.900% | 5/1/29 | 5,442 | 5,560 | ||
CNA Financial Corp. | 2.050% | 8/15/30 | 2,625 | 2,324 | ||
CNO Financial Group Inc. | 5.250% | 5/30/29 | 5,050 | 5,323 | ||
Comerica Inc. | 4.000% | 2/1/29 | 828 | 857 | ||
3,4 | Corebridge Financial Inc. | 3.850% | 4/5/29 | 8,000 | 7,993 | |
1 | Deutsche Bank AG | 3.547% | 9/18/31 | 14,119 | 13,316 | |
Deutsche Bank AG | 3.035% | 5/28/32 | 534 | 481 | ||
1 | Discover Bank | 4.650% | 9/13/28 | 7,873 | 8,154 | |
1 | Discover Bank | 2.700% | 2/6/30 | 5,859 | 5,361 | |
Eaton Vance Corp. | 3.500% | 4/6/27 | 3,470 | 3,477 | ||
Enstar Group Ltd. | 4.950% | 6/1/29 | 11,980 | 12,434 | ||
Enstar Group Ltd. | 3.100% | 9/1/31 | 556 | 498 | ||
Equitable Holdings Inc. | 7.000% | 4/1/28 | 2,774 | 3,225 | ||
Equitable Holdings Inc. | 4.350% | 4/20/28 | 10,082 | 10,392 | ||
Fairfax Financial Holdings Ltd. | 4.850% | 4/17/28 | 6,184 | 6,398 | ||
Fairfax Financial Holdings Ltd. | 4.625% | 4/29/30 | 5,500 | 5,667 | ||
Fairfax Financial Holdings Ltd. | 3.375% | 3/3/31 | 4,000 | 3,746 | ||
Fidelity National Financial Inc. | 4.500% | 8/15/28 | 4,797 | 4,913 | ||
Fidelity National Financial Inc. | 3.400% | 6/15/30 | 5,765 | 5,547 | ||
Fifth Third Bancorp | 2.550% | 5/5/27 | 4,191 | 4,058 | ||
Fifth Third Bancorp | 3.950% | 3/14/28 | 6,146 | 6,295 | ||
First American Financial Corp. | 4.000% | 5/15/30 | 3,877 | 3,892 | ||
First American Financial Corp. | 2.400% | 8/15/31 | 5,000 | 4,386 | ||
1 | First Horizon Bank | 5.750% | 5/1/30 | 5,000 | 5,642 | |
First-Citizens Bank & Trust Co. | 6.125% | 3/9/28 | 2,615 | 2,893 | ||
Franklin Resources Inc. | 1.600% | 10/30/30 | 3,532 | 3,059 | ||
FS KKR Capital Corp. | 3.125% | 10/12/28 | 3,840 | 3,430 | ||
GATX Corp. | 3.500% | 3/15/28 | 4,177 | 4,147 | ||
GATX Corp. | 4.550% | 11/7/28 | 3,421 | 3,600 | ||
GATX Corp. | 4.700% | 4/1/29 | 1,760 | 1,866 | ||
GATX Corp. | 4.000% | 6/30/30 | 4,721 | 4,785 | ||
GE Capital International Funding Co. Unlimited Co. | 4.418% | 11/15/35 | 5,000 | 5,391 | ||
Globe Life Inc. | 4.550% | 9/15/28 | 5,546 | 5,810 | ||
Globe Life Inc. | 2.150% | 8/15/30 | 3,125 | 2,800 | ||
1 | Goldman Sachs Group Inc. | 3.691% | 6/5/28 | 20,458 | 20,506 | |
1 | Goldman Sachs Group Inc. | 3.814% | 4/23/29 | 24,142 | 24,307 | |
1 | Goldman Sachs Group Inc. | 4.223% | 5/1/29 | 25,998 | 26,631 | |
Goldman Sachs Group Inc. | 2.600% | 2/7/30 | 1,140 | 1,057 | ||
Goldman Sachs Group Inc. | 3.800% | 3/15/30 | 31,749 | 31,985 | ||
Goldman Sachs Group Inc. | 1.992% | 1/27/32 | 19,662 | 17,029 | ||
Goldman Sachs Group Inc. | 2.615% | 4/22/32 | 36,717 | 33,374 | ||
Goldman Sachs Group Inc. | 2.383% | 7/21/32 | 24,975 | 22,193 | ||
Goldman Sachs Group Inc. | 2.650% | 10/21/32 | 24,932 | 22,646 | ||
Goldman Sachs Group Inc. | 3.102% | 2/24/33 | 24,985 | 23,576 | ||
Hanover Insurance Group Inc. | 2.500% | 9/1/30 | 2,958 | 2,689 | ||
Hartford Financial Services Group Inc. | 2.800% | 8/19/29 | 6,390 | 6,079 | ||
HSBC Holdings plc | 1.589% | 5/24/27 | 275 | 252 | ||
1 | HSBC Holdings plc | 2.013% | 9/22/28 | 15,922 | 14,451 | |
1 | HSBC Holdings plc | 4.583% | 6/19/29 | 30,462 | 31,425 | |
HSBC Holdings plc | 2.206% | 8/17/29 | 11,043 | 9,948 | ||
HSBC Holdings plc | 4.950% | 3/31/30 | 21,654 | 23,167 | ||
1 | HSBC Holdings plc | 3.973% | 5/22/30 | 23,317 | 23,371 | |
1 | HSBC Holdings plc | 2.848% | 6/4/31 | 11,993 | 11,096 | |
1 | HSBC Holdings plc | 2.357% | 8/18/31 | 13,050 | 11,590 | |
HSBC Holdings plc | 2.804% | 5/24/32 | 14,413 | 13,122 |
Coupon | Maturity Date | Face Amount ($000) | Market Value ($000) | |||
HSBC Holdings plc | 2.871% | 11/22/32 | 22,669 | 20,637 | ||
HSBC Holdings plc | 4.762% | 3/29/33 | 8,000 | 8,218 | ||
Huntington Bancshares Inc. | 2.550% | 2/4/30 | 7,975 | 7,525 | ||
3 | Huntington Bancshares Inc. | 2.487% | 8/15/36 | 4,534 | 3,942 | |
Industrial & Commercial Bank of China Ltd. | 3.538% | 11/8/27 | 5,900 | 5,990 | ||
ING Groep NV | 4.550% | 10/2/28 | 9,599 | 9,964 | ||
ING Groep NV | 4.050% | 4/9/29 | 6,485 | 6,578 | ||
ING Groep NV | 2.727% | 4/1/32 | 2,267 | 2,068 | ||
Intercontinental Exchange Inc. | 3.100% | 9/15/27 | 3,881 | 3,865 | ||
Intercontinental Exchange Inc. | 3.750% | 9/21/28 | 4,138 | 4,233 | ||
Intercontinental Exchange Inc. | 2.100% | 6/15/30 | 11,521 | 10,559 | ||
3 | Jackson Financial Inc. | 3.125% | 11/23/31 | 3,598 | 3,274 | |
Jefferies Group LLC | 6.450% | 6/8/27 | 1,050 | 1,183 | ||
Jefferies Group LLC | 4.150% | 1/23/30 | 3,946 | 4,022 | ||
Jefferies Group LLC | 2.625% | 10/15/31 | 5,923 | 5,334 | ||
JPMorgan Chase & Co. | 8.000% | 4/29/27 | 5,797 | 6,989 | ||
JPMorgan Chase & Co. | 4.250% | 10/1/27 | 10,097 | 10,432 | ||
JPMorgan Chase & Co. | 3.625% | 12/1/27 | 4,026 | 4,044 | ||
1 | JPMorgan Chase & Co. | 3.540% | 5/1/28 | 18,575 | 18,631 | |
1 | JPMorgan Chase & Co. | 2.182% | 6/1/28 | 13,808 | 12,962 | |
1 | JPMorgan Chase & Co. | 3.509% | 1/23/29 | 11,479 | 11,462 | |
1 | JPMorgan Chase & Co. | 4.005% | 4/23/29 | 17,707 | 18,079 | |
JPMorgan Chase & Co. | 2.069% | 6/1/29 | 12,039 | 11,067 | ||
1 | JPMorgan Chase & Co. | 4.203% | 7/23/29 | 20,916 | 21,594 | |
1 | JPMorgan Chase & Co. | 4.452% | 12/5/29 | 29,437 | 30,769 | |
1 | JPMorgan Chase & Co. | 3.702% | 5/6/30 | 21,878 | 22,031 | |
1 | JPMorgan Chase & Co. | 2.739% | 10/15/30 | 27,962 | 26,457 | |
1 | JPMorgan Chase & Co. | 4.493% | 3/24/31 | 23,035 | 24,448 | |
1 | JPMorgan Chase & Co. | 2.522% | 4/22/31 | 18,925 | 17,524 | |
1 | JPMorgan Chase & Co. | 2.956% | 5/13/31 | 25,557 | 23,961 | |
JPMorgan Chase & Co. | 1.764% | 11/19/31 | 11,897 | 10,291 | ||
JPMorgan Chase & Co. | 1.953% | 2/4/32 | 32,325 | 28,243 | ||
JPMorgan Chase & Co. | 2.580% | 4/22/32 | 40,988 | 37,588 | ||
JPMorgan Chase & Co. | 2.545% | 11/8/32 | 22,315 | 20,368 | ||
JPMorgan Chase & Co. | 2.963% | 1/25/33 | 27,535 | 25,986 | ||
Kemper Corp. | 2.400% | 9/30/30 | 3,600 | 3,148 | ||
Kemper Corp. | 3.800% | 2/23/32 | 2,100 | 2,026 | ||
1 | KeyBank NA | 6.950% | 2/1/28 | 500 | 579 | |
1 | KeyCorp | 2.250% | 4/6/27 | 7,140 | 6,788 | |
1 | KeyCorp | 4.100% | 4/30/28 | 5,370 | 5,536 | |
1 | KeyCorp | 2.550% | 10/1/29 | 5,338 | 5,039 | |
Lazard Group LLC | 4.500% | 9/19/28 | 4,417 | 4,539 | ||
Lazard Group LLC | 4.375% | 3/11/29 | 5,276 | 5,401 | ||
Lincoln National Corp. | 3.800% | 3/1/28 | 3,425 | 3,469 | ||
Lincoln National Corp. | 3.050% | 1/15/30 | 5,048 | 4,852 | ||
Lincoln National Corp. | 3.400% | 1/15/31 | 2,952 | 2,897 | ||
Lloyds Banking Group plc | 4.650% | 3/24/26 | 103 | 105 | ||
Lloyds Banking Group plc | 4.375% | 3/22/28 | 13,659 | 13,952 | ||
Lloyds Banking Group plc | 4.550% | 8/16/28 | 4,205 | 4,339 | ||
1 | Lloyds Banking Group plc | 3.574% | 11/7/28 | 16,511 | 16,146 | |
Loews Corp. | 3.200% | 5/15/30 | 3,365 | 3,295 | ||
1 | Manufacturers & Traders Trust Co. | 3.400% | 8/17/27 | 3,955 | 3,928 | |
Manulife Financial Corp. | 2.484% | 5/19/27 | 3,379 | 3,251 | ||
Manulife Financial Corp. | 3.703% | 3/16/32 | 3,900 | 3,934 | ||
Markel Corp. | 3.500% | 11/1/27 | 3,265 | 3,273 | ||
Markel Corp. | 3.350% | 9/17/29 | 2,500 | 2,475 | ||
Marsh & McLennan Cos. Inc. | 4.375% | 3/15/29 | 13,536 | 14,317 | ||
Marsh & McLennan Cos. Inc. | 2.250% | 11/15/30 | 6,376 | 5,829 |
Coupon | Maturity Date | Face Amount ($000) | Market Value ($000) | |||
Marsh & McLennan Cos. Inc. | 2.375% | 12/15/31 | 3,200 | 2,934 | ||
Mastercard Inc. | 3.500% | 2/26/28 | 6,330 | 6,507 | ||
Mastercard Inc. | 2.950% | 6/1/29 | 9,949 | 9,931 | ||
Mastercard Inc. | 3.350% | 3/26/30 | 12,621 | 12,883 | ||
Mastercard Inc. | 1.900% | 3/15/31 | 1,450 | 1,340 | ||
Mastercard Inc. | 2.000% | 11/18/31 | 5,964 | 5,451 | ||
MetLife Inc. | 4.550% | 3/23/30 | 6,955 | 7,592 | ||
Mitsubishi UFJ Financial Group Inc. | 3.287% | 7/25/27 | 11,470 | 11,379 | ||
Mitsubishi UFJ Financial Group Inc. | 3.961% | 3/2/28 | 12,648 | 12,855 | ||
Mitsubishi UFJ Financial Group Inc. | 4.050% | 9/11/28 | 5,608 | 5,728 | ||
Mitsubishi UFJ Financial Group Inc. | 3.741% | 3/7/29 | 12,929 | 13,073 | ||
Mitsubishi UFJ Financial Group Inc. | 3.195% | 7/18/29 | 13,566 | 13,173 | ||
Mitsubishi UFJ Financial Group Inc. | 2.559% | 2/25/30 | 7,186 | 6,652 | ||
Mitsubishi UFJ Financial Group Inc. | 2.048% | 7/17/30 | 7,500 | 6,648 | ||
Mitsubishi UFJ Financial Group Inc. | 2.309% | 7/20/32 | 25,411 | 22,730 | ||
Mitsubishi UFJ Financial Group Inc. | 2.852% | 1/19/33 | 3,030 | 2,823 | ||
Mizuho Financial Group Inc. | 3.170% | 9/11/27 | 11,426 | 11,260 | ||
Mizuho Financial Group Inc. | 4.018% | 3/5/28 | 6,185 | 6,277 | ||
1 | Mizuho Financial Group Inc. | 4.254% | 9/11/29 | 6,659 | 6,841 | |
1 | Mizuho Financial Group Inc. | 3.153% | 7/16/30 | 6,290 | 6,054 | |
1 | Mizuho Financial Group Inc. | 2.869% | 9/13/30 | 4,916 | 4,638 | |
1 | Mizuho Financial Group Inc. | 2.591% | 5/25/31 | 1,725 | 1,580 | |
1 | Mizuho Financial Group Inc. | 2.201% | 7/10/31 | 10,980 | 9,752 | |
1 | Mizuho Financial Group Inc. | 1.979% | 9/8/31 | 8,802 | 7,669 | |
Mizuho Financial Group Inc. | 2.564% | 9/13/31 | 7,039 | 6,161 | ||
Mizuho Financial Group Inc. | 2.260% | 7/9/32 | 1,198 | 1,058 | ||
Morgan Stanley | 3.950% | 4/23/27 | 19,069 | 19,432 | ||
1 | Morgan Stanley | 3.591% | 7/22/28 | 22,942 | 23,034 | |
1 | Morgan Stanley | 3.772% | 1/24/29 | 27,801 | 28,021 | |
1 | Morgan Stanley | 4.431% | 1/23/30 | 24,884 | 26,055 | |
1 | Morgan Stanley | 2.699% | 1/22/31 | 24,733 | 23,137 | |
1 | Morgan Stanley | 3.622% | 4/1/31 | 28,890 | 28,806 | |
1 | Morgan Stanley | 1.794% | 2/13/32 | 14,150 | 12,202 | |
1 | Morgan Stanley | 1.928% | 4/28/32 | 15,791 | 13,647 | |
1 | Morgan Stanley | 2.239% | 7/21/32 | 30,762 | 27,275 | |
1 | Morgan Stanley | 2.511% | 10/20/32 | 20,335 | 18,414 | |
Morgan Stanley | 2.943% | 1/21/33 | 16,730 | 15,676 | ||
Morgan Stanley | 2.484% | 9/16/36 | 23,683 | 20,332 | ||
Morgan Stanley Domestic Holdings Inc. | 3.800% | 8/24/27 | 4,641 | 4,705 | ||
Morgan Stanley Domestic Holdings Inc. | 4.500% | 6/20/28 | 3,285 | 3,418 | ||
Nasdaq Inc. | 1.650% | 1/15/31 | 1,550 | 1,318 | ||
1 | NatWest Group plc | 3.073% | 5/22/28 | 8,313 | 7,986 | |
1 | NatWest Group plc | 4.892% | 5/18/29 | 15,418 | 16,021 | |
1 | NatWest Group plc | 5.076% | 1/27/30 | 14,786 | 15,743 | |
1 | NatWest Group plc | 4.445% | 5/8/30 | 9,115 | 9,354 | |
1 | NatWest Group plc | 3.032% | 11/28/35 | 3,772 | 3,351 | |
Nomura Holdings Inc. | 2.172% | 7/14/28 | 6,313 | 5,666 | ||
Nomura Holdings Inc. | 2.710% | 1/22/29 | 3,570 | 3,304 | ||
Nomura Holdings Inc. | 3.103% | 1/16/30 | 17,530 | 16,530 | ||
Nomura Holdings Inc. | 2.679% | 7/16/30 | 3,970 | 3,610 | ||
Nomura Holdings Inc. | 2.608% | 7/14/31 | 2,860 | 2,569 | ||
Nomura Holdings Inc. | 2.999% | 1/22/32 | 5,890 | 5,411 | ||
Northern Trust Corp. | 3.650% | 8/3/28 | 5,446 | 5,602 | ||
Northern Trust Corp. | 3.150% | 5/3/29 | 6,898 | 6,930 | ||
Northern Trust Corp. | 1.950% | 5/1/30 | 370 | 339 | ||
1 | Northern Trust Corp. | 3.375% | 5/8/32 | 4,750 | 4,690 | |
ORIX Corp. | 3.700% | 7/18/27 | 4,000 | 4,029 | ||
ORIX Corp. | 2.250% | 3/9/31 | 5,025 | 4,592 |
Coupon | Maturity Date | Face Amount ($000) | Market Value ($000) | |||
Owl Rock Capital Corp. | 2.875% | 6/11/28 | 4,885 | 4,274 | ||
PartnerRe Finance B LLC | 3.700% | 7/2/29 | 4,815 | 4,832 | ||
PartnerRe Finance B LLC | 4.500% | 10/1/50 | 3,750 | 3,606 | ||
1 | PNC Bank NA | 3.100% | 10/25/27 | 6,085 | 6,097 | |
1 | PNC Bank NA | 3.250% | 1/22/28 | 4,125 | 4,119 | |
1 | PNC Bank NA | 4.050% | 7/26/28 | 11,993 | 12,326 | |
1 | PNC Bank NA | 2.700% | 10/22/29 | 5,675 | 5,401 | |
PNC Financial Services Group Inc. | 3.150% | 5/19/27 | 10,228 | 10,257 | ||
PNC Financial Services Group Inc. | 3.450% | 4/23/29 | 16,760 | 17,066 | ||
PNC Financial Services Group Inc. | 2.550% | 1/22/30 | 18,656 | 17,804 | ||
Primerica Inc. | 2.800% | 11/19/31 | 5,000 | 4,618 | ||
Principal Financial Group Inc. | 3.700% | 5/15/29 | 3,296 | 3,361 | ||
Principal Financial Group Inc. | 2.125% | 6/15/30 | 4,355 | 3,953 | ||
Progressive Corp. | 3.200% | 3/26/30 | 8,912 | 8,846 | ||
1 | Prudential Financial Inc. | 3.878% | 3/27/28 | 1,946 | 2,005 | |
1 | Prudential Financial Inc. | 2.100% | 3/10/30 | 2,070 | 1,915 | |
1 | Prudential Financial Inc. | 4.500% | 9/15/47 | 6,413 | 6,197 | |
1 | Prudential Financial Inc. | 5.700% | 9/15/48 | 5,492 | 5,629 | |
1 | Prudential Financial Inc. | 3.700% | 10/1/50 | 9,411 | 8,614 | |
Prudential Financial Inc. | 5.125% | 3/1/52 | 6,879 | 6,926 | ||
Prudential plc | 3.125% | 4/14/30 | 5,205 | 5,042 | ||
Prudential plc | 3.625% | 3/24/32 | 2,700 | 2,674 | ||
Raymond James Financial Inc. | 4.650% | 4/1/30 | 9,672 | 10,245 | ||
Regions Financial Corp. | 1.800% | 8/12/28 | 5,460 | 4,900 | ||
Reinsurance Group of America Inc. | 3.900% | 5/15/29 | 6,209 | 6,270 | ||
Reinsurance Group of America Inc. | 3.150% | 6/15/30 | 5,100 | 4,920 | ||
RenaissanceRe Finance Inc. | 3.450% | 7/1/27 | 2,040 | 2,062 | ||
RenaissanceRe Holdings Ltd. | 3.600% | 4/15/29 | 2,120 | 2,123 | ||
1 | Royal Bank of Canada | 2.300% | 11/3/31 | 12,779 | 11,637 | |
Santander Holdings USA Inc. | 4.400% | 7/13/27 | 8,274 | 8,417 | ||
1 | Santander UK Group Holdings plc | 3.823% | 11/3/28 | 7,200 | 7,084 | |
Santander UK Group Holdings plc | 2.896% | 3/15/32 | 7,800 | 7,086 | ||
1 | State Street Corp. | 4.141% | 12/3/29 | 5,120 | 5,353 | |
State Street Corp. | 2.400% | 1/24/30 | 12,308 | 11,649 | ||
State Street Corp. | 2.200% | 3/3/31 | 6,714 | 6,074 | ||
State Street Corp. | 3.152% | 3/30/31 | 1,500 | 1,477 | ||
1 | State Street Corp. | 3.031% | 11/1/34 | 3,990 | 3,822 | |
Stewart Information Services Corp. | 3.600% | 11/15/31 | 2,140 | 1,956 | ||
Stifel Financial Corp. | 4.000% | 5/15/30 | 3,746 | 3,772 | ||
Sumitomo Mitsui Financial Group Inc. | 3.364% | 7/12/27 | 11,396 | 11,410 | ||
Sumitomo Mitsui Financial Group Inc. | 3.544% | 1/17/28 | 5,549 | 5,515 | ||
Sumitomo Mitsui Financial Group Inc. | 3.944% | 7/19/28 | 7,595 | 7,689 | ||
Sumitomo Mitsui Financial Group Inc. | 1.902% | 9/17/28 | 6,140 | 5,504 | ||
Sumitomo Mitsui Financial Group Inc. | 4.306% | 10/16/28 | 2,715 | 2,809 | ||
Sumitomo Mitsui Financial Group Inc. | 3.040% | 7/16/29 | 17,461 | 16,791 | ||
Sumitomo Mitsui Financial Group Inc. | 3.202% | 9/17/29 | 5,264 | 5,040 | ||
Sumitomo Mitsui Financial Group Inc. | 2.724% | 9/27/29 | 9,175 | 8,632 | ||
Sumitomo Mitsui Financial Group Inc. | 2.750% | 1/15/30 | 21,360 | 20,086 | ||
Sumitomo Mitsui Financial Group Inc. | 2.130% | 7/8/30 | 10,899 | 9,754 | ||
Sumitomo Mitsui Financial Group Inc. | 2.142% | 9/23/30 | 9,346 | 8,191 | ||
Sumitomo Mitsui Financial Group Inc. | 1.710% | 1/12/31 | 4,360 | 3,729 | ||
Sumitomo Mitsui Financial Group Inc. | 2.222% | 9/17/31 | 7,898 | 7,003 | ||
SVB Financial Group | 2.100% | 5/15/28 | 3,357 | 3,062 | ||
SVB Financial Group | 3.125% | 6/5/30 | 5,049 | 4,860 | ||
SVB Financial Group | 1.800% | 2/2/31 | 3,257 | 2,805 | ||
Synchrony Financial | 3.950% | 12/1/27 | 5,568 | 5,535 | ||
Synchrony Financial | 5.150% | 3/19/29 | 6,108 | 6,418 | ||
1 | Toronto-Dominion Bank | 2.000% | 9/10/31 | 5,632 | 5,022 |
Coupon | Maturity Date | Face Amount ($000) | Market Value ($000) | |||
1 | Toronto-Dominion Bank | 2.450% | 1/12/32 | 4,420 | 4,083 | |
1 | Toronto-Dominion Bank | 3.200% | 3/10/32 | 3,550 | 3,496 | |
1 | Truist Bank | 2.250% | 3/11/30 | 9,877 | 9,036 | |
1 | Truist Financial Corp. | 1.125% | 8/3/27 | 9,219 | 8,284 | |
1 | Truist Financial Corp. | 3.875% | 3/19/29 | 6,448 | 6,582 | |
1 | Truist Financial Corp. | 1.950% | 6/5/30 | 8,600 | 7,761 | |
Unum Group | 4.000% | 6/15/29 | 2,000 | 2,037 | ||
1 | US Bancorp | 3.150% | 4/27/27 | 13,486 | 13,585 | |
1 | US Bancorp | 3.900% | 4/26/28 | 4,404 | 4,561 | |
1 | US Bancorp | 3.000% | 7/30/29 | 7,160 | 7,014 | |
1 | US Bancorp | 1.375% | 7/22/30 | 7,628 | 6,608 | |
1 | US Bancorp | 2.677% | 1/27/33 | 1,715 | 1,631 | |
US Bancorp | 2.491% | 11/3/36 | 10,347 | 9,269 | ||
Visa Inc. | 1.900% | 4/15/27 | 14,099 | 13,552 | ||
Visa Inc. | 0.750% | 8/15/27 | 1,789 | 1,623 | ||
Visa Inc. | 2.750% | 9/15/27 | 2,795 | 2,786 | ||
Visa Inc. | 2.050% | 4/15/30 | 10,275 | 9,604 | ||
Visa Inc. | 1.100% | 2/15/31 | 8,775 | 7,515 | ||
1 | Voya Financial Inc. | 4.700% | 1/23/48 | 4,180 | 3,888 | |
Webster Financial Corp. | 4.100% | 3/25/29 | 2,575 | 2,632 | ||
1 | Wells Fargo & Co. | 4.300% | 7/22/27 | 13,868 | 14,410 | |
1 | Wells Fargo & Co. | 3.584% | 5/22/28 | 19,825 | 19,820 | |
1 | Wells Fargo & Co. | 2.393% | 6/2/28 | 15,019 | 14,212 | |
1 | Wells Fargo & Co. | 4.150% | 1/24/29 | 14,383 | 14,928 | |
1 | Wells Fargo & Co. | 2.879% | 10/30/30 | 31,067 | 29,571 | |
1 | Wells Fargo & Co. | 2.572% | 2/11/31 | 22,781 | 21,168 | |
1 | Wells Fargo & Co. | 4.478% | 4/4/31 | 25,459 | 26,938 | |
1 | Wells Fargo & Co. | 3.350% | 3/2/33 | 30,222 | 29,386 | |
Western Union Co. | 2.750% | 3/15/31 | 3,000 | 2,731 | ||
Westpac Banking Corp. | 1.150% | 6/3/26 | 83 | 77 | ||
Westpac Banking Corp. | 3.400% | 1/25/28 | 2,611 | 2,627 | ||
Westpac Banking Corp. | 1.953% | 11/20/28 | 11,640 | 10,720 | ||
Westpac Banking Corp. | 2.650% | 1/16/30 | 2,970 | 2,839 | ||
Westpac Banking Corp. | 4.110% | 7/24/34 | 13,382 | 13,207 | ||
Westpac Banking Corp. | 2.668% | 11/15/35 | 13,725 | 11,987 | ||
Westpac Banking Corp. | 3.020% | 11/18/36 | 11,180 | 9,909 | ||
Willis North America Inc. | 4.500% | 9/15/28 | 4,519 | 4,650 | ||
Willis North America Inc. | 2.950% | 9/15/29 | 3,727 | 3,505 | ||
Wintrust Financial Corp. | 4.850% | 6/6/29 | 2,000 | 2,019 | ||
Zions Bancorp NA | 3.250% | 10/29/29 | 4,227 | 4,072 | ||
3,984,990 | ||||||
Health Care (3.3%) | ||||||
Abbott Laboratories | 1.150% | 1/30/28 | 7,725 | 7,043 | ||
Abbott Laboratories | 1.400% | 6/30/30 | 4,300 | 3,841 | ||
AbbVie Inc. | 4.250% | 11/14/28 | 13,860 | 14,587 | ||
AbbVie Inc. | 3.200% | 11/21/29 | 48,220 | 47,647 | ||
Adventist Health System | 2.952% | 3/1/29 | 2,249 | 2,192 | ||
Advocate Health & Hospitals Corp. | 3.829% | 8/15/28 | 2,600 | 2,659 | ||
1 | Advocate Health & Hospitals Corp. | 2.211% | 6/15/30 | 1,610 | 1,491 | |
Agilent Technologies Inc. | 2.750% | 9/15/29 | 4,925 | 4,696 | ||
Agilent Technologies Inc. | 2.100% | 6/4/30 | 4,325 | 3,880 | ||
Agilent Technologies Inc. | 2.300% | 3/12/31 | 6,800 | 6,152 | ||
AmerisourceBergen Corp. | 3.450% | 12/15/27 | 5,428 | 5,438 | ||
AmerisourceBergen Corp. | 2.800% | 5/15/30 | 3,493 | 3,285 | ||
AmerisourceBergen Corp. | 2.700% | 3/15/31 | 10,524 | 9,741 | ||
Amgen Inc. | 3.200% | 11/2/27 | 8,191 | 8,227 | ||
Amgen Inc. | 1.650% | 8/15/28 | 6,250 | 5,704 | ||
Amgen Inc. | 2.450% | 2/21/30 | 11,976 | 11,262 |
Coupon | Maturity Date | Face Amount ($000) | Market Value ($000) | |||
Amgen Inc. | 2.300% | 2/25/31 | 8,908 | 8,196 | ||
Amgen Inc. | 2.000% | 1/15/32 | 6,031 | 5,354 | ||
Amgen Inc. | 3.350% | 2/22/32 | 12,999 | 12,891 | ||
Anthem Inc. | 3.650% | 12/1/27 | 17,389 | 17,746 | ||
Anthem Inc. | 4.101% | 3/1/28 | 681 | 707 | ||
Anthem Inc. | 2.875% | 9/15/29 | 9,291 | 8,987 | ||
Anthem Inc. | 2.250% | 5/15/30 | 14,979 | 13,761 | ||
Anthem Inc. | 2.550% | 3/15/31 | 11,019 | 10,309 | ||
1 | Ascension Health | 2.532% | 11/15/29 | 7,505 | 7,230 | |
AstraZeneca Finance LLC | 1.750% | 5/28/28 | 9,438 | 8,717 | ||
AstraZeneca Finance LLC | 2.250% | 5/28/31 | 7,829 | 7,290 | ||
AstraZeneca plc | 3.125% | 6/12/27 | 6,900 | 6,949 | ||
AstraZeneca plc | 4.000% | 1/17/29 | 11,146 | 11,747 | ||
AstraZeneca plc | 1.375% | 8/6/30 | 16,291 | 14,225 | ||
Banner Health | 2.338% | 1/1/30 | 2,725 | 2,532 | ||
Banner Health | 1.897% | 1/1/31 | 2,250 | 1,996 | ||
3 | Baxter International Inc. | 2.272% | 12/1/28 | 10,975 | 10,168 | |
Baxter International Inc. | 3.950% | 4/1/30 | 4,630 | 4,776 | ||
3 | Baxter International Inc. | 2.539% | 2/1/32 | 12,700 | 11,613 | |
1 | Baylor Scott & White Holdings | 1.777% | 11/15/30 | 800 | 706 | |
Becton Dickinson & Co. | 3.700% | 6/6/27 | 21,975 | 22,304 | ||
Becton Dickinson & Co. | 2.823% | 5/20/30 | 2,299 | 2,187 | ||
Becton Dickinson & Co. | 1.957% | 2/11/31 | 6,825 | 6,039 | ||
Biogen Inc. | 2.250% | 5/1/30 | 6,121 | 5,485 | ||
Bio-Rad Laboratories Inc. | 3.700% | 3/15/32 | 7,000 | 6,918 | ||
1 | Bon Secours Mercy Health Inc. | 3.464% | 6/1/30 | 3,679 | 3,664 | |
Boston Scientific Corp. | 2.650% | 6/1/30 | 7,460 | 7,017 | ||
Bristol-Myers Squibb Co. | 1.125% | 11/13/27 | 2,035 | 1,855 | ||
Bristol-Myers Squibb Co. | 3.450% | 11/15/27 | 4,626 | 4,721 | ||
Bristol-Myers Squibb Co. | 3.900% | 2/20/28 | 15,689 | 16,383 | ||
Bristol-Myers Squibb Co. | 3.400% | 7/26/29 | 15,062 | 15,325 | ||
Bristol-Myers Squibb Co. | 1.450% | 11/13/30 | 14,605 | 12,758 | ||
Bristol-Myers Squibb Co. | 2.950% | 3/15/32 | 14,500 | 14,211 | ||
Cardinal Health Inc. | 3.410% | 6/15/27 | 2,725 | 2,738 | ||
1 | Cedars-Sinai Health System | 2.288% | 8/15/31 | 2,000 | 1,820 | |
1 | CHRISTUS Health | 4.341% | 7/1/28 | 3,085 | 3,182 | |
1 | Cigna Corp. | 3.050% | 10/15/27 | 4,447 | 4,407 | |
Cigna Corp. | 4.375% | 10/15/28 | 16,959 | 17,838 | ||
Cigna Corp. | 2.400% | 3/15/30 | 5,140 | 4,758 | ||
Cigna Corp. | 2.375% | 3/15/31 | 22,740 | 20,834 | ||
CommonSpirit Health | 3.347% | 10/1/29 | 8,175 | 7,936 | ||
CommonSpirit Health | 2.782% | 10/1/30 | 2,250 | 2,078 | ||
CVS Health Corp. | 3.625% | 4/1/27 | 9,676 | 9,834 | ||
CVS Health Corp. | 6.250% | 6/1/27 | 1,090 | 1,235 | ||
CVS Health Corp. | 1.300% | 8/21/27 | 13,551 | 12,326 | ||
CVS Health Corp. | 4.300% | 3/25/28 | 22,400 | 23,482 | ||
CVS Health Corp. | 3.250% | 8/15/29 | 31,069 | 30,729 | ||
CVS Health Corp. | 3.750% | 4/1/30 | 8,109 | 8,250 | ||
CVS Health Corp. | 1.750% | 8/21/30 | 13,415 | 11,759 | ||
CVS Health Corp. | 1.875% | 2/28/31 | 17,236 | 15,137 | ||
CVS Health Corp. | 2.125% | 9/15/31 | 2,250 | 2,009 | ||
DENTSPLY SIRONA Inc. | 3.250% | 6/1/30 | 6,434 | 6,200 | ||
DH Europe Finance II Sarl | 2.600% | 11/15/29 | 4,373 | 4,166 | ||
Edwards Lifesciences Corp. | 4.300% | 6/15/28 | 5,019 | 5,238 | ||
Eli Lilly & Co. | 3.375% | 3/15/29 | 3,861 | 3,975 | ||
Gilead Sciences Inc. | 1.200% | 10/1/27 | 4,190 | 3,786 | ||
GlaxoSmithKline Capital Inc. | 3.875% | 5/15/28 | 12,054 | 12,595 | ||
GlaxoSmithKline Capital plc | 3.375% | 6/1/29 | 7,110 | 7,251 |
Coupon | Maturity Date | Face Amount ($000) | Market Value ($000) | |||
3 | HCA Inc. | 3.375% | 3/15/29 | 2,775 | 2,701 | |
HCA Inc. | 4.125% | 6/15/29 | 17,014 | 17,327 | ||
HCA Inc. | 2.375% | 7/15/31 | 8,250 | 7,367 | ||
3 | HCA Inc. | 3.625% | 3/15/32 | 15,250 | 14,945 | |
Humana Inc. | 3.125% | 8/15/29 | 3,966 | 3,842 | ||
Humana Inc. | 4.875% | 4/1/30 | 2,770 | 2,992 | ||
Humana Inc. | 2.150% | 2/3/32 | 2,000 | 1,755 | ||
Illumina Inc. | 2.550% | 3/23/31 | 4,275 | 3,886 | ||
Johnson & Johnson | 0.950% | 9/1/27 | 14,355 | 13,138 | ||
Johnson & Johnson | 2.900% | 1/15/28 | 11,355 | 11,393 | ||
Johnson & Johnson | 6.950% | 9/1/29 | 1,925 | 2,465 | ||
Johnson & Johnson | 1.300% | 9/1/30 | 9,778 | 8,713 | ||
Kaiser Foundation Hospitals | 3.150% | 5/1/27 | 4,248 | 4,245 | ||
Laboratory Corp. of America Holdings | 3.600% | 9/1/27 | 3,900 | 3,957 | ||
Laboratory Corp. of America Holdings | 2.950% | 12/1/29 | 6,785 | 6,522 | ||
Medtronic Global Holdings SCA | 3.350% | 4/1/27 | 2,950 | 2,985 | ||
Merck & Co. Inc. | 1.700% | 6/10/27 | 12,500 | 11,843 | ||
Merck & Co. Inc. | 3.400% | 3/7/29 | 13,228 | 13,547 | ||
Merck & Co. Inc. | 1.450% | 6/24/30 | 8,350 | 7,412 | ||
Merck & Co. Inc. | 2.150% | 12/10/31 | 18,400 | 17,049 | ||
1 | Mercy Health | 4.302% | 7/1/28 | 2,490 | 2,598 | |
Mylan Inc. | 4.550% | 4/15/28 | 3,150 | 3,185 | ||
Novartis Capital Corp. | 3.100% | 5/17/27 | 9,481 | 9,583 | ||
Novartis Capital Corp. | 2.200% | 8/14/30 | 3,650 | 3,429 | ||
1 | Ochsner LSU Health System of North Louisiana | 2.510% | 5/15/31 | 3,000 | 2,632 | |
OhioHealth Corp. | 2.297% | 11/15/31 | 2,520 | 2,307 | ||
PerkinElmer Inc. | 1.900% | 9/15/28 | 3,998 | 3,617 | ||
PerkinElmer Inc. | 3.300% | 9/15/29 | 10,446 | 10,198 | ||
PerkinElmer Inc. | 2.550% | 3/15/31 | 1,400 | 1,282 | ||
PerkinElmer Inc. | 2.250% | 9/15/31 | 4,180 | 3,698 | ||
Pfizer Inc. | 3.600% | 9/15/28 | 3,132 | 3,260 | ||
Pfizer Inc. | 3.450% | 3/15/29 | 10,074 | 10,372 | ||
Pfizer Inc. | 2.625% | 4/1/30 | 9,125 | 8,863 | ||
Pfizer Inc. | 1.700% | 5/28/30 | 6,725 | 6,115 | ||
Pfizer Inc. | 1.750% | 8/18/31 | 16,324 | 14,681 | ||
Pharmacia LLC | 6.600% | 12/1/28 | 4,971 | 5,908 | ||
1 | Piedmont Healthcare Inc. | 2.044% | 1/1/32 | 1,000 | 878 | |
1 | Providence St. Joseph Health Obligated Group | 2.532% | 10/1/29 | 2,991 | 2,831 | |
Quest Diagnostics Inc. | 4.200% | 6/30/29 | 4,865 | 5,046 | ||
Quest Diagnostics Inc. | 2.950% | 6/30/30 | 3,923 | 3,724 | ||
Quest Diagnostics Inc. | 2.800% | 6/30/31 | 1,690 | 1,581 | ||
Regeneron Pharmaceuticals Inc. | 1.750% | 9/15/30 | 12,029 | 10,420 | ||
Royalty Pharma plc | 1.750% | 9/2/27 | 5,281 | 4,794 | ||
Royalty Pharma plc | 2.200% | 9/2/30 | 9,966 | 8,727 | ||
Royalty Pharma plc | 2.150% | 9/2/31 | 4,531 | 3,895 | ||
1 | Rush Obligated Group | 3.922% | 11/15/29 | 3,000 | 3,083 | |
Sanofi | 3.625% | 6/19/28 | 6,915 | 7,194 | ||
Smith & Nephew plc | 2.032% | 10/14/30 | 7,908 | 6,894 | ||
1 | SSM Health Care Corp. | 3.823% | 6/1/27 | 2,344 | 2,394 | |
1 | Stanford Health Care | 3.310% | 8/15/30 | 2,687 | 2,672 | |
STERIS Irish FinCo Unltd. Co. | 2.700% | 3/15/31 | 5,005 | 4,597 | ||
Stryker Corp. | 3.650% | 3/7/28 | 4,922 | 4,995 | ||
Stryker Corp. | 1.950% | 6/15/30 | 6,346 | 5,693 | ||
1 | Sutter Health | 3.695% | 8/15/28 | 3,125 | 3,170 | |
1 | Sutter Health | 2.294% | 8/15/30 | 6,025 | 5,444 | |
Takeda Pharmaceutical Co. Ltd. | 5.000% | 11/26/28 | 15,157 | 16,460 | ||
Takeda Pharmaceutical Co. Ltd. | 2.050% | 3/31/30 | 22,870 | 20,603 | ||
Thermo Fisher Scientific Inc. | 1.750% | 10/15/28 | 8,505 | 7,791 |
Coupon | Maturity Date | Face Amount ($000) | Market Value ($000) | |||
Thermo Fisher Scientific Inc. | 2.600% | 10/1/29 | 2,639 | 2,533 | ||
Thermo Fisher Scientific Inc. | 2.000% | 10/15/31 | 20,750 | 18,644 | ||
1 | Toledo Hospital | 5.325% | 11/15/28 | 2,800 | 2,943 | |
UnitedHealth Group Inc. | 3.375% | 4/15/27 | 4,165 | 4,240 | ||
UnitedHealth Group Inc. | 2.950% | 10/15/27 | 5,665 | 5,668 | ||
UnitedHealth Group Inc. | 3.850% | 6/15/28 | 2,422 | 2,524 | ||
UnitedHealth Group Inc. | 3.875% | 12/15/28 | 7,940 | 8,329 | ||
UnitedHealth Group Inc. | 2.875% | 8/15/29 | 7,430 | 7,331 | ||
UnitedHealth Group Inc. | 2.000% | 5/15/30 | 7,219 | 6,664 | ||
UnitedHealth Group Inc. | 2.300% | 5/15/31 | 16,888 | 15,853 | ||
3 | Universal Health Services Inc. | 2.650% | 10/15/30 | 8,305 | 7,552 | |
Viatris Inc. | 2.300% | 6/22/27 | 8,550 | 7,783 | ||
Viatris Inc. | 2.700% | 6/22/30 | 7,200 | 6,351 | ||
Zimmer Biomet Holdings Inc. | 2.600% | 11/24/31 | 6,090 | 5,556 | ||
Zoetis Inc. | 3.000% | 9/12/27 | 8,434 | 8,366 | ||
Zoetis Inc. | 3.900% | 8/20/28 | 7,172 | 7,372 | ||
Zoetis Inc. | 2.000% | 5/15/30 | 3,524 | 3,166 | ||
1,149,748 | ||||||
Industrials (2.7%) | ||||||
3M Co. | 2.875% | 10/15/27 | 7,325 | 7,293 | ||
1 | 3M Co. | 3.625% | 9/14/28 | 6,035 | 6,202 | |
1 | 3M Co. | 3.375% | 3/1/29 | 6,850 | 6,965 | |
3M Co. | 2.375% | 8/26/29 | 10,022 | 9,533 | ||
3M Co. | 3.050% | 4/15/30 | 3,490 | 3,464 | ||
Acuity Brands Lighting Inc. | 2.150% | 12/15/30 | 4,573 | 4,019 | ||
Allegion plc | 3.500% | 10/1/29 | 3,550 | 3,436 | ||
Allegion US Holding Co. Inc. | 3.550% | 10/1/27 | 3,200 | 3,145 | ||
1 | American Airlines Pass-Through Trust Class AA Series 2016-1 | 3.575% | 1/15/28 | 1,509 | 1,450 | |
1 | American Airlines Pass-Through Trust Class AA Series 2016-2 | 3.200% | 6/15/28 | 3,822 | 3,586 | |
1 | American Airlines Pass-Through Trust Class AA Series 2016-3 | 3.000% | 10/15/28 | 3,340 | 3,125 | |
1 | American Airlines Pass-Through Trust Class AA Series 2017-1 | 3.650% | 2/15/29 | 720 | 695 | |
1 | American Airlines Pass-Through Trust Class AA Series 2017-2 | 3.350% | 10/15/29 | 4,458 | 4,243 | |
Amphenol Corp. | 4.350% | 6/1/29 | 2,100 | 2,214 | ||
Amphenol Corp. | 2.800% | 2/15/30 | 10,303 | 9,759 | ||
Amphenol Corp. | 2.200% | 9/15/31 | 2,860 | 2,543 | ||
1 | BNSF Funding Trust I | 6.613% | 12/15/55 | 100 | 106 | |
Boeing Co. | 5.040% | 5/1/27 | 17,821 | 18,745 | ||
Boeing Co. | 3.250% | 2/1/28 | 8,441 | 8,152 | ||
Boeing Co. | 3.250% | 3/1/28 | 4,317 | 4,153 | ||
Boeing Co. | 3.450% | 11/1/28 | 7,031 | 6,799 | ||
Boeing Co. | 3.200% | 3/1/29 | 8,773 | 8,373 | ||
Boeing Co. | 2.950% | 2/1/30 | 6,976 | 6,465 | ||
Boeing Co. | 5.150% | 5/1/30 | 38,180 | 40,664 | ||
Boeing Co. | 3.625% | 2/1/31 | 10,443 | 10,163 | ||
Burlington Northern Santa Fe LLC | 3.250% | 6/15/27 | 7,103 | 7,206 | ||
Canadian National Railway Co. | 6.900% | 7/15/28 | 3,290 | 3,948 | ||
Canadian Pacific Railway Co. | 4.000% | 6/1/28 | 5,020 | 5,242 | ||
Canadian Pacific Railway Co. | 2.050% | 3/5/30 | 5,200 | 4,768 | ||
Canadian Pacific Railway Co. | 2.450% | 12/2/31 | 15,225 | 14,120 | ||
Carrier Global Corp. | 2.722% | 2/15/30 | 23,352 | 21,950 | ||
Carrier Global Corp. | 2.700% | 2/15/31 | 5,846 | 5,460 | ||
1 | Caterpillar Financial Services Corp. | 1.100% | 9/14/27 | 4,984 | 4,542 | |
Caterpillar Inc. | 2.600% | 9/19/29 | 4,212 | 4,090 |
Coupon | Maturity Date | Face Amount ($000) | Market Value ($000) | |||
Caterpillar Inc. | 2.600% | 4/9/30 | 13,137 | 12,802 | ||
CH Robinson Worldwide Inc. | 4.200% | 4/15/28 | 5,750 | 5,926 | ||
1 | CNH Industrial NV | 3.850% | 11/15/27 | 5,035 | 5,069 | |
CSX Corp. | 3.250% | 6/1/27 | 10,195 | 10,242 | ||
CSX Corp. | 3.800% | 3/1/28 | 5,139 | 5,292 | ||
CSX Corp. | 4.250% | 3/15/29 | 7,923 | 8,394 | ||
Cummins Inc. | 1.500% | 9/1/30 | 4,960 | 4,297 | ||
Deere & Co. | 5.375% | 10/16/29 | 1,460 | 1,679 | ||
Deere & Co. | 3.100% | 4/15/30 | 6,656 | 6,670 | ||
3 | Delta Air Lines Inc. | 4.750% | 10/20/28 | 11,000 | 11,098 | |
1 | Delta Air Lines Pass-Through Trust Class AA Series 2020-1 | 2.000% | 6/10/28 | 6,372 | 5,830 | |
Dover Corp. | 2.950% | 11/4/29 | 1,700 | 1,654 | ||
Eaton Corp. | 3.103% | 9/15/27 | 3,700 | 3,704 | ||
Emerson Electric Co. | 1.800% | 10/15/27 | 6,580 | 6,169 | ||
Emerson Electric Co. | 2.000% | 12/21/28 | 8,225 | 7,667 | ||
Emerson Electric Co. | 1.950% | 10/15/30 | 2,745 | 2,494 | ||
Emerson Electric Co. | 2.200% | 12/21/31 | 14,000 | 12,918 | ||
FedEx Corp. | 3.400% | 2/15/28 | 5,196 | 5,223 | ||
FedEx Corp. | 4.200% | 10/17/28 | 2,155 | 2,264 | ||
FedEx Corp. | 3.100% | 8/5/29 | 9,824 | 9,668 | ||
FedEx Corp. | 4.250% | 5/15/30 | 6,751 | 7,081 | ||
FedEx Corp. | 2.400% | 5/15/31 | 6,310 | 5,772 | ||
Flowserve Corp. | 3.500% | 10/1/30 | 4,510 | 4,273 | ||
General Dynamics Corp. | 3.500% | 4/1/27 | 5,586 | 5,696 | ||
General Dynamics Corp. | 2.625% | 11/15/27 | 5,700 | 5,569 | ||
General Dynamics Corp. | 3.750% | 5/15/28 | 6,203 | 6,379 | ||
General Dynamics Corp. | 3.625% | 4/1/30 | 9,668 | 9,975 | ||
1 | General Electric Co. | 6.750% | 3/15/32 | 5,704 | 7,186 | |
Honeywell International Inc. | 2.700% | 8/15/29 | 5,905 | 5,798 | ||
Honeywell International Inc. | 1.950% | 6/1/30 | 10,314 | 9,515 | ||
Honeywell International Inc. | 1.750% | 9/1/31 | 3,685 | 3,302 | ||
Huntington Ingalls Industries Inc. | 3.483% | 12/1/27 | 5,095 | 5,035 | ||
3 | Huntington Ingalls Industries Inc. | 2.043% | 8/16/28 | 4,254 | 3,845 | |
Huntington Ingalls Industries Inc. | 4.200% | 5/1/30 | 4,859 | 5,032 | ||
IDEX Corp. | 3.000% | 5/1/30 | 4,336 | 4,075 | ||
1 | John Deere Capital Corp. | 2.800% | 9/8/27 | 5,691 | 5,639 | |
1 | John Deere Capital Corp. | 3.050% | 1/6/28 | 3,882 | 3,887 | |
1 | John Deere Capital Corp. | 3.450% | 3/7/29 | 6,666 | 6,853 | |
1 | John Deere Capital Corp. | 2.800% | 7/18/29 | 4,508 | 4,439 | |
1 | John Deere Capital Corp. | 2.450% | 1/9/30 | 7,165 | 6,863 | |
John Deere Capital Corp. | 1.450% | 1/15/31 | 3,381 | 2,972 | ||
Johnson Controls International plc | 1.750% | 9/15/30 | 2,045 | 1,830 | ||
Johnson Controls International plc | 2.000% | 9/16/31 | 2,699 | 2,373 | ||
Kansas City Southern | 2.875% | 11/15/29 | 4,540 | 4,364 | ||
Kennametal Inc. | 4.625% | 6/15/28 | 1,989 | 2,065 | ||
Kennametal Inc. | 2.800% | 3/1/31 | 200 | 183 | ||
Keysight Technologies Inc. | 4.600% | 4/6/27 | 5,625 | 5,895 | ||
Keysight Technologies Inc. | 3.000% | 10/30/29 | 4,790 | 4,573 | ||
Kirby Corp. | 4.200% | 3/1/28 | 5,070 | 5,037 | ||
L3Harris Technologies Inc. | 4.400% | 6/15/28 | 3,693 | 3,830 | ||
1 | L3Harris Technologies Inc. | 4.400% | 6/15/28 | 13,383 | 13,918 | |
L3Harris Technologies Inc. | 1.800% | 1/15/31 | 5,100 | 4,437 | ||
Lennox International Inc. | 1.700% | 8/1/27 | 2,910 | 2,668 | ||
Lockheed Martin Corp. | 1.850% | 6/15/30 | 7,272 | 6,606 | ||
3 | Mileage Plus Holdings LLC | 6.500% | 6/20/27 | 2,000 | 2,082 | |
Norfolk Southern Corp. | 3.150% | 6/1/27 | 3,743 | 3,716 | ||
Norfolk Southern Corp. | 3.800% | 8/1/28 | 5,373 | 5,496 |
Coupon | Maturity Date | Face Amount ($000) | Market Value ($000) | |||
Norfolk Southern Corp. | 2.550% | 11/1/29 | 4,000 | 3,833 | ||
Norfolk Southern Corp. | 2.300% | 5/15/31 | 1,090 | 1,014 | ||
Northrop Grumman Corp. | 3.250% | 1/15/28 | 20,116 | 20,122 | ||
Northrop Grumman Corp. | 4.400% | 5/1/30 | 14,229 | 15,259 | ||
nVent Finance Sarl | 4.550% | 4/15/28 | 4,174 | 4,303 | ||
nVent Finance Sarl | 2.750% | 11/15/31 | 875 | 786 | ||
Oshkosh Corp. | 4.600% | 5/15/28 | 3,100 | 3,180 | ||
Oshkosh Corp. | 3.100% | 3/1/30 | 2,050 | 1,915 | ||
Otis Worldwide Corp. | 2.293% | 4/5/27 | 4,504 | 4,274 | ||
Otis Worldwide Corp. | 2.565% | 2/15/30 | 14,365 | 13,425 | ||
Parker-Hannifin Corp. | 3.250% | 6/14/29 | 9,652 | 9,523 | ||
Raytheon Technologies Corp. | 3.125% | 5/4/27 | 18,470 | 18,520 | ||
Raytheon Technologies Corp. | 4.125% | 11/16/28 | 23,059 | 24,107 | ||
Raytheon Technologies Corp. | 2.250% | 7/1/30 | 7,417 | 6,873 | ||
Raytheon Technologies Corp. | 1.900% | 9/1/31 | 8,569 | 7,593 | ||
Republic Services Inc. | 3.375% | 11/15/27 | 8,833 | 8,876 | ||
Republic Services Inc. | 3.950% | 5/15/28 | 1,036 | 1,064 | ||
Republic Services Inc. | 2.300% | 3/1/30 | 11,218 | 10,337 | ||
Rockwell Automation Inc. | 3.500% | 3/1/29 | 4,650 | 4,784 | ||
Rockwell Automation Inc. | 1.750% | 8/15/31 | 1,200 | 1,060 | ||
Southwest Airlines Co. | 3.000% | 11/15/26 | 1,454 | 1,427 | ||
Southwest Airlines Co. | 5.125% | 6/15/27 | 14,640 | 15,651 | ||
Southwest Airlines Co. | 3.450% | 11/16/27 | 2,440 | 2,417 | ||
Southwest Airlines Co. | 2.625% | 2/10/30 | 5,500 | 5,061 | ||
1 | Spirit Airlines Pass-Through Trust Class A Series 2015-1 | 4.100% | 4/1/28 | 1,132 | 1,105 | |
Teledyne Technologies Inc. | 2.250% | 4/1/28 | 6,387 | 5,925 | ||
Teledyne Technologies Inc. | 2.750% | 4/1/31 | 8,571 | 7,941 | ||
Textron Inc. | 3.375% | 3/1/28 | 1,002 | 992 | ||
Textron Inc. | 3.900% | 9/17/29 | 2,031 | 2,074 | ||
Textron Inc. | 3.000% | 6/1/30 | 5,560 | 5,307 | ||
Timken Co. | 4.500% | 12/15/28 | 2,985 | 3,056 | ||
Trane Technologies Global Holding Co. Ltd. | 3.750% | 8/21/28 | 3,400 | 3,422 | ||
Trane Technologies Luxembourg Finance SA | 3.800% | 3/21/29 | 4,945 | 5,029 | ||
Trimble Inc. | 4.900% | 6/15/28 | 5,242 | 5,441 | ||
Tyco Electronics Group SA | 3.125% | 8/15/27 | 6,432 | 6,411 | ||
Tyco Electronics Group SA | 2.500% | 2/4/32 | 4,225 | 3,931 | ||
Union Pacific Corp. | 2.150% | 2/5/27 | 4,179 | 4,015 | ||
Union Pacific Corp. | 3.000% | 4/15/27 | 3,792 | 3,809 | ||
Union Pacific Corp. | 3.950% | 9/10/28 | 9,267 | 9,721 | ||
Union Pacific Corp. | 3.700% | 3/1/29 | 5,145 | 5,306 | ||
Union Pacific Corp. | 2.400% | 2/5/30 | 3,502 | 3,319 | ||
Union Pacific Corp. | 2.375% | 5/20/31 | 3,330 | 3,122 | ||
Union Pacific Corp. | 2.800% | 2/14/32 | 6,235 | 5,994 | ||
Union Pacific Corp. | 2.891% | 4/6/36 | 5,000 | 4,673 | ||
1 | United Airlines Pass-Through Trust Class A Series 2016-1 | 3.450% | 7/7/28 | 2,288 | 2,105 | |
1 | United Airlines Pass-Through Trust Class A Series 2016-2 | 3.100% | 10/7/28 | 651 | 588 | |
1 | United Airlines Pass-Through Trust Class A Series 2020-1 | 5.875% | 10/15/27 | 26,952 | 27,591 | |
1 | United Airlines Pass-Through Trust Class AA Series 2015-1 | 3.450% | 12/1/27 | 1,468 | 1,424 | |
1 | United Airlines Pass-Through Trust Class AA Series 2016-1 | 3.100% | 7/7/28 | 2,364 | 2,283 | |
1 | United Airlines Pass-Through Trust Class AA Series 2016-2 | 2.875% | 10/7/28 | 2,839 | 2,672 | |
United Parcel Service Inc. | 3.050% | 11/15/27 | 7,253 | 7,317 | ||
United Parcel Service Inc. | 3.400% | 3/15/29 | 8,293 | 8,481 |
Coupon | Maturity Date | Face Amount ($000) | Market Value ($000) | |||
United Parcel Service Inc. | 2.500% | 9/1/29 | 3,742 | 3,610 | ||
United Parcel Service Inc. | 4.450% | 4/1/30 | 5,734 | 6,258 | ||
United Parcel Service of America Inc. | 7.620% | 4/1/30 | 550 | 708 | ||
1 | US Airways Pass-Through Trust Class A Series 2012-1 | 5.900% | 10/1/24 | 260 | 266 | |
Vontier Corp. | 2.400% | 4/1/28 | 4,962 | 4,372 | ||
Vontier Corp. | 2.950% | 4/1/31 | 2,395 | 2,126 | ||
Waste Connections Inc. | 3.500% | 5/1/29 | 4,700 | 4,719 | ||
Waste Connections Inc. | 2.600% | 2/1/30 | 6,095 | 5,737 | ||
Waste Management Inc. | 3.150% | 11/15/27 | 7,204 | 7,228 | ||
Waste Management Inc. | 1.150% | 3/15/28 | 2,425 | 2,170 | ||
Waste Management Inc. | 2.000% | 6/1/29 | 2,385 | 2,213 | ||
Waste Management Inc. | 1.500% | 3/15/31 | 12,350 | 10,630 | ||
Westinghouse Air Brake Technologies Corp. | 4.950% | 9/15/28 | 5,372 | 5,676 | ||
Xylem Inc. | 1.950% | 1/30/28 | 5,418 | 5,025 | ||
Xylem Inc. | 2.250% | 1/30/31 | 1,800 | 1,633 | ||
954,766 | ||||||
Materials (1.2%) | ||||||
Air Products and Chemicals Inc. | 1.850% | 5/15/27 | 4,927 | 4,658 | ||
Air Products and Chemicals Inc. | 2.050% | 5/15/30 | 7,643 | 7,046 | ||
Amcor Finance USA Inc. | 4.500% | 5/15/28 | 3,100 | 3,273 | ||
1 | Amcor Flexibles North America Inc. | 3.100% | 9/15/26 | 2,700 | 2,674 | |
Amcor Flexibles North America Inc. | 2.630% | 6/19/30 | 4,675 | 4,316 | ||
Amcor Flexibles North America Inc. | 2.690% | 5/25/31 | 4,499 | 4,139 | ||
AngloGold Ashanti Holdings plc | 3.375% | 11/1/28 | 5,350 | 4,990 | ||
AngloGold Ashanti Holdings plc | 3.750% | 10/1/30 | 6,125 | 5,726 | ||
ArcelorMittal SA | 4.250% | 7/16/29 | 4,283 | 4,355 | ||
Cabot Corp. | 4.000% | 7/1/29 | 2,900 | 2,918 | ||
Carlisle Cos. Inc. | 3.750% | 12/1/27 | 5,183 | 5,266 | ||
Carlisle Cos. Inc. | 2.750% | 3/1/30 | 6,920 | 6,451 | ||
Celanese US Holdings LLC | 1.400% | 8/5/26 | 3,400 | 3,064 | ||
Celulosa Arauco y Constitucion SA | 3.875% | 11/2/27 | 4,195 | 4,252 | ||
Dow Chemical Co. | 4.800% | 11/30/28 | 5,232 | 5,616 | ||
Dow Chemical Co. | 7.375% | 11/1/29 | 1,440 | 1,803 | ||
Dow Chemical Co. | 2.100% | 11/15/30 | 7,850 | 7,068 | ||
DuPont de Nemours Inc. | 4.725% | 11/15/28 | 13,428 | 14,388 | ||
Eastman Chemical Co. | 4.500% | 12/1/28 | 1,125 | 1,164 | ||
Ecolab Inc. | 3.250% | 12/1/27 | 2,216 | 2,252 | ||
Ecolab Inc. | 4.800% | 3/24/30 | 8,505 | 9,414 | ||
Ecolab Inc. | 1.300% | 1/30/31 | 4,900 | 4,222 | ||
EI du Pont de Nemours & Co. | 2.300% | 7/15/30 | 5,000 | 4,655 | ||
FMC Corp. | 3.450% | 10/1/29 | 5,550 | 5,464 | ||
Freeport-McMoRan Inc. | 5.000% | 9/1/27 | 2,400 | 2,469 | ||
Freeport-McMoRan Inc. | 4.125% | 3/1/28 | 5,000 | 4,998 | ||
Freeport-McMoRan Inc. | 4.375% | 8/1/28 | 5,000 | 5,029 | ||
Freeport-McMoRan Inc. | 5.250% | 9/1/29 | 5,000 | 5,237 | ||
Freeport-McMoRan Inc. | 4.250% | 3/1/30 | 4,600 | 4,631 | ||
Freeport-McMoRan Inc. | 4.625% | 8/1/30 | 5,800 | 5,930 | ||
3 | Georgia-Pacific LLC | 2.100% | 4/30/27 | 1,900 | 1,793 | |
Georgia-Pacific LLC | 7.750% | 11/15/29 | 3,965 | 5,080 | ||
3 | Georgia-Pacific LLC | 2.300% | 4/30/30 | 3,000 | 2,786 | |
Huntsman International LLC | 4.500% | 5/1/29 | 6,523 | 6,736 | ||
Huntsman International LLC | 2.950% | 6/15/31 | 3,500 | 3,231 | ||
International Flavors & Fragrances Inc. | 4.450% | 9/26/28 | 2,980 | 3,097 | ||
Kinross Gold Corp. | 4.500% | 7/15/27 | 5,992 | 6,160 | ||
Linde Inc. | 1.100% | 8/10/30 | 5,875 | 5,052 | ||
LYB International Finance III LLC | 2.250% | 10/1/30 | 4,345 | 3,921 | ||
Martin Marietta Materials Inc. | 3.450% | 6/1/27 | 3,725 | 3,737 |
Coupon | Maturity Date | Face Amount ($000) | Market Value ($000) | |||
Martin Marietta Materials Inc. | 3.500% | 12/15/27 | 2,752 | 2,768 | ||
1 | Martin Marietta Materials Inc. | 2.500% | 3/15/30 | 5,363 | 4,917 | |
Martin Marietta Materials Inc. | 2.400% | 7/15/31 | 4,684 | 4,206 | ||
Mosaic Co. | 4.050% | 11/15/27 | 6,894 | 7,063 | ||
NewMarket Corp. | 2.700% | 3/18/31 | 4,000 | 3,665 | ||
Newmont Corp. | 2.800% | 10/1/29 | 5,068 | 4,848 | ||
Newmont Corp. | 2.250% | 10/1/30 | 8,250 | 7,531 | ||
Nucor Corp. | 3.950% | 5/1/28 | 5,118 | 5,253 | ||
Nucor Corp. | 2.700% | 6/1/30 | 4,725 | 4,482 | ||
Nutrien Ltd. | 4.000% | 12/15/26 | 1,513 | 1,563 | ||
Nutrien Ltd. | 4.200% | 4/1/29 | 3,326 | 3,476 | ||
Nutrien Ltd. | 2.950% | 5/13/30 | 5,675 | 5,468 | ||
Packaging Corp. of America | 3.400% | 12/15/27 | 3,870 | 3,876 | ||
Packaging Corp. of America | 3.000% | 12/15/29 | 3,822 | 3,702 | ||
PPG Industries Inc. | 3.750% | 3/15/28 | 2,005 | 2,054 | ||
PPG Industries Inc. | 2.800% | 8/15/29 | 1,177 | 1,131 | ||
PPG Industries Inc. | 2.550% | 6/15/30 | 5,200 | 4,878 | ||
Reliance Steel & Aluminum Co. | 2.150% | 8/15/30 | 4,000 | 3,585 | ||
Rio Tinto Finance USA Ltd. | 7.125% | 7/15/28 | 1,709 | 2,065 | ||
Rohm & Haas Co. | 7.850% | 7/15/29 | 6,301 | 8,023 | ||
RPM International Inc. | 4.550% | 3/1/29 | 4,767 | 4,988 | ||
RPM International Inc. | 2.950% | 1/15/32 | 3,180 | 2,915 | ||
Sherwin-Williams Co. | 3.450% | 6/1/27 | 11,542 | 11,584 | ||
Sherwin-Williams Co. | 2.950% | 8/15/29 | 8,000 | 7,714 | ||
Sherwin-Williams Co. | 2.300% | 5/15/30 | 2,350 | 2,153 | ||
Sonoco Products Co. | 3.125% | 5/1/30 | 5,051 | 4,867 | ||
Steel Dynamics Inc. | 1.650% | 10/15/27 | 2,276 | 2,067 | ||
Steel Dynamics Inc. | 3.450% | 4/15/30 | 6,534 | 6,442 | ||
Steel Dynamics Inc. | 3.250% | 1/15/31 | 9,309 | 9,026 | ||
Suzano Austria GmbH | 6.000% | 1/15/29 | 17,882 | 19,311 | ||
Suzano Austria GmbH | 5.000% | 1/15/30 | 9,853 | 10,070 | ||
Suzano Austria GmbH | 3.750% | 1/15/31 | 6,600 | 6,212 | ||
1 | Suzano Austria GmbH | 3.125% | 1/15/32 | 5,270 | 4,700 | |
Teck Resources Ltd. | 3.900% | 7/15/30 | 5,200 | 5,192 | ||
Vale Overseas Ltd. | 3.750% | 7/8/30 | 12,621 | 12,168 | ||
Vulcan Materials Co. | 3.900% | 4/1/27 | 2,370 | 2,429 | ||
Vulcan Materials Co. | 3.500% | 6/1/30 | 4,744 | 4,714 | ||
Westlake Corp. | 3.375% | 6/15/30 | 2,265 | 2,217 | ||
WestRock MWV LLC | 8.200% | 1/15/30 | 3,500 | 4,481 | ||
WRKCo Inc. | 3.375% | 9/15/27 | 8,886 | 8,795 | ||
WRKCo Inc. | 4.000% | 3/15/28 | 3,803 | 3,882 | ||
WRKCo Inc. | 3.900% | 6/1/28 | 4,777 | 4,796 | ||
WRKCo Inc. | 4.900% | 3/15/29 | 5,038 | 5,427 | ||
419,765 | ||||||
Real Estate (2.8%) | ||||||
Agree LP | 2.000% | 6/15/28 | 4,684 | 4,257 | ||
Alexandria Real Estate Equities Inc. | 3.950% | 1/15/28 | 5,675 | 5,793 | ||
Alexandria Real Estate Equities Inc. | 4.500% | 7/30/29 | 1,776 | 1,892 | ||
Alexandria Real Estate Equities Inc. | 2.750% | 12/15/29 | 5,343 | 5,066 | ||
Alexandria Real Estate Equities Inc. | 4.700% | 7/1/30 | 617 | 667 | ||
Alexandria Real Estate Equities Inc. | 4.900% | 12/15/30 | 13,283 | 14,687 | ||
Alexandria Real Estate Equities Inc. | 3.375% | 8/15/31 | 663 | 653 | ||
American Assets Trust LP | 3.375% | 2/1/31 | 4,397 | 4,134 | ||
American Campus Communities Operating Partnership LP | 3.625% | 11/15/27 | 1,848 | 1,836 | ||
American Campus Communities Operating Partnership LP | 2.250% | 1/15/29 | 2,990 | 2,729 |
Coupon | Maturity Date | Face Amount ($000) | Market Value ($000) | |||
American Campus Communities Operating Partnership LP | 2.850% | 2/1/30 | 4,081 | 3,831 | ||
American Campus Communities Operating Partnership LP | 3.875% | 1/30/31 | 6,125 | 6,171 | ||
American Homes 4 Rent LP | 4.250% | 2/15/28 | 3,945 | 4,007 | ||
American Homes 4 Rent LP | 4.900% | 2/15/29 | 2,590 | 2,760 | ||
American Homes 4 Rent LP | 2.375% | 7/15/31 | 3,103 | 2,745 | ||
American Tower Corp. | 3.550% | 7/15/27 | 4,797 | 4,763 | ||
American Tower Corp. | 3.600% | 1/15/28 | 7,470 | 7,394 | ||
American Tower Corp. | 1.500% | 1/31/28 | 3,254 | 2,877 | ||
American Tower Corp. | 3.950% | 3/15/29 | 5,259 | 5,284 | ||
American Tower Corp. | 3.800% | 8/15/29 | 14,192 | 14,143 | ||
American Tower Corp. | 2.900% | 1/15/30 | 8,956 | 8,345 | ||
American Tower Corp. | 1.875% | 10/15/30 | 6,442 | 5,491 | ||
American Tower Corp. | 2.700% | 4/15/31 | 6,888 | 6,244 | ||
American Tower Corp. | 2.300% | 9/15/31 | 4,787 | 4,178 | ||
4 | American Tower Corp. | 4.050% | 3/15/32 | 4,800 | 4,814 | |
1 | AvalonBay Communities Inc. | 3.350% | 5/15/27 | 4,060 | 4,062 | |
1 | AvalonBay Communities Inc. | 3.200% | 1/15/28 | 1,985 | 1,965 | |
AvalonBay Communities Inc. | 1.900% | 12/1/28 | 7,000 | 6,383 | ||
1 | AvalonBay Communities Inc. | 3.300% | 6/1/29 | 5,092 | 5,097 | |
1 | AvalonBay Communities Inc. | 2.300% | 3/1/30 | 5,350 | 4,980 | |
AvalonBay Communities Inc. | 2.050% | 1/15/32 | 6,300 | 5,697 | ||
Boston Properties LP | 4.500% | 12/1/28 | 6,441 | 6,801 | ||
Boston Properties LP | 3.400% | 6/21/29 | 8,757 | 8,680 | ||
Boston Properties LP | 2.900% | 3/15/30 | 1,172 | 1,110 | ||
Boston Properties LP | 3.250% | 1/30/31 | 11,394 | 11,039 | ||
Brandywine Operating Partnership LP | 3.950% | 11/15/27 | 3,803 | 3,817 | ||
Brandywine Operating Partnership LP | 4.550% | 10/1/29 | 2,652 | 2,746 | ||
Brixmor Operating Partnership LP | 2.250% | 4/1/28 | 296 | 271 | ||
Brixmor Operating Partnership LP | 4.125% | 5/15/29 | 7,457 | 7,637 | ||
Brixmor Operating Partnership LP | 4.050% | 7/1/30 | 6,989 | 7,011 | ||
Brixmor Operating Partnership LP | 2.500% | 8/16/31 | 6,322 | 5,595 | ||
Broadstone Net Lease LLC | 2.600% | 9/15/31 | 2,363 | 2,110 | ||
Camden Property Trust | 4.100% | 10/15/28 | 5,203 | 5,421 | ||
Camden Property Trust | 3.150% | 7/1/29 | 13,729 | 13,604 | ||
Camden Property Trust | 2.800% | 5/15/30 | 4,912 | 4,729 | ||
CBRE Services Inc. | 2.500% | 4/1/31 | 4,300 | 3,885 | ||
Corporate Office Properties LP | 2.000% | 1/15/29 | 4,140 | 3,655 | ||
Corporate Office Properties LP | 2.750% | 4/15/31 | 3,593 | 3,236 | ||
Crown Castle International Corp. | 3.650% | 9/1/27 | 6,162 | 6,139 | ||
Crown Castle International Corp. | 3.800% | 2/15/28 | 8,805 | 8,797 | ||
Crown Castle International Corp. | 4.300% | 2/15/29 | 1,485 | 1,531 | ||
Crown Castle International Corp. | 3.100% | 11/15/29 | 5,825 | 5,534 | ||
Crown Castle International Corp. | 3.300% | 7/1/30 | 5,871 | 5,620 | ||
Crown Castle International Corp. | 2.250% | 1/15/31 | 8,388 | 7,391 | ||
Crown Castle International Corp. | 2.100% | 4/1/31 | 9,335 | 8,086 | ||
Crown Castle International Corp. | 2.500% | 7/15/31 | 5,900 | 5,276 | ||
CubeSmart LP | 2.250% | 12/15/28 | 3,000 | 2,733 | ||
CubeSmart LP | 4.375% | 2/15/29 | 5,678 | 5,956 | ||
CubeSmart LP | 3.000% | 2/15/30 | 5,504 | 5,274 | ||
CubeSmart LP | 2.500% | 2/15/32 | 4,000 | 3,582 | ||
CyrusOne LP | 3.450% | 11/15/29 | 6,185 | 6,495 | ||
CyrusOne LP | 2.150% | 11/1/30 | 2,417 | 2,417 | ||
Digital Realty Trust LP | 3.700% | 8/15/27 | 4,214 | 4,246 | ||
Digital Realty Trust LP | 4.450% | 7/15/28 | 5,020 | 5,225 | ||
Digital Realty Trust LP | 3.600% | 7/1/29 | 9,733 | 9,667 | ||
Duke Realty LP | 3.250% | 6/30/26 | 171 | 170 |
Coupon | Maturity Date | Face Amount ($000) | Market Value ($000) | |||
Duke Realty LP | 3.375% | 12/15/27 | 6,065 | 6,008 | ||
Duke Realty LP | 4.000% | 9/15/28 | 3,155 | 3,225 | ||
Duke Realty LP | 2.875% | 11/15/29 | 3,500 | 3,354 | ||
Duke Realty LP | 1.750% | 7/1/30 | 4,764 | 4,154 | ||
Duke Realty LP | 2.250% | 1/15/32 | 1,785 | 1,605 | ||
EPR Properties | 4.500% | 6/1/27 | 4,340 | 4,298 | ||
EPR Properties | 3.750% | 8/15/29 | 3,632 | 3,426 | ||
Equinix Inc. | 1.800% | 7/15/27 | 5,302 | 4,834 | ||
Equinix Inc. | 1.550% | 3/15/28 | 6,130 | 5,428 | ||
Equinix Inc. | 2.000% | 5/15/28 | 2,260 | 2,036 | ||
Equinix Inc. | 3.200% | 11/18/29 | 11,182 | 10,743 | ||
Equinix Inc. | 2.150% | 7/15/30 | 4,785 | 4,202 | ||
Equinix Inc. | 2.500% | 5/15/31 | 8,139 | 7,314 | ||
ERP Operating LP | 3.250% | 8/1/27 | 1,662 | 1,653 | ||
ERP Operating LP | 3.500% | 3/1/28 | 6,082 | 6,121 | ||
ERP Operating LP | 4.150% | 12/1/28 | 3,943 | 4,086 | ||
ERP Operating LP | 3.000% | 7/1/29 | 6,393 | 6,275 | ||
ERP Operating LP | 2.500% | 2/15/30 | 3,153 | 2,986 | ||
ERP Operating LP | 1.850% | 8/1/31 | 4,350 | 3,864 | ||
Essential Properties LP | 2.950% | 7/15/31 | 3,055 | 2,683 | ||
Essex Portfolio LP | 3.625% | 5/1/27 | 2,535 | 2,573 | ||
Essex Portfolio LP | 1.700% | 3/1/28 | 3,975 | 3,600 | ||
Essex Portfolio LP | 4.000% | 3/1/29 | 5,185 | 5,344 | ||
Essex Portfolio LP | 3.000% | 1/15/30 | 4,188 | 4,030 | ||
Essex Portfolio LP | 1.650% | 1/15/31 | 800 | 685 | ||
Essex Portfolio LP | 2.550% | 6/15/31 | 715 | 654 | ||
Essex Portfolio LP | 2.650% | 3/15/32 | 2,500 | 2,286 | ||
Extra Space Storage LP | 2.550% | 6/1/31 | 3,936 | 3,550 | ||
Extra Space Storage LP | 2.350% | 3/15/32 | 7,000 | 6,165 | ||
Federal Realty Investment Trust | 3.250% | 7/15/27 | 3,123 | 3,068 | ||
Federal Realty Investment Trust | 3.200% | 6/15/29 | 4,750 | 4,649 | ||
Federal Realty Investment Trust | 3.500% | 6/1/30 | 5,300 | 5,223 | ||
GLP Capital LP | 5.750% | 6/1/28 | 5,213 | 5,613 | ||
GLP Capital LP | 5.300% | 1/15/29 | 7,098 | 7,463 | ||
GLP Capital LP | 4.000% | 1/15/30 | 4,538 | 4,423 | ||
GLP Capital LP | 4.000% | 1/15/31 | 4,164 | 4,041 | ||
GLP Capital LP | 3.250% | 1/15/32 | 1,700 | 1,541 | ||
Healthcare Realty Trust Inc. | 3.625% | 1/15/28 | 3,258 | 3,231 | ||
Healthcare Realty Trust Inc. | 2.400% | 3/15/30 | 4,765 | 4,327 | ||
Healthcare Trust of America Holdings LP | 3.750% | 7/1/27 | 5,544 | 5,614 | ||
Healthcare Trust of America Holdings LP | 3.100% | 2/15/30 | 275 | 262 | ||
Healthcare Trust of America Holdings LP | 2.000% | 3/15/31 | 6,502 | 5,632 | ||
Healthpeak Properties Inc. | 2.125% | 12/1/28 | 1,000 | 922 | ||
Healthpeak Properties Inc. | 3.500% | 7/15/29 | 5,997 | 5,991 | ||
Healthpeak Properties Inc. | 3.000% | 1/15/30 | 8,173 | 7,856 | ||
Healthpeak Properties Inc. | 2.875% | 1/15/31 | 5,945 | 5,636 | ||
Highwoods Realty LP | 4.125% | 3/15/28 | 4,200 | 4,264 | ||
Highwoods Realty LP | 4.200% | 4/15/29 | 4,316 | 4,398 | ||
Highwoods Realty LP | 3.050% | 2/15/30 | 3,145 | 2,977 | ||
Highwoods Realty LP | 2.600% | 2/1/31 | 2,697 | 2,443 | ||
1 | Host Hotels & Resorts LP | 3.375% | 12/15/29 | 6,749 | 6,436 | |
1 | Host Hotels & Resorts LP | 3.500% | 9/15/30 | 3,738 | 3,561 | |
1 | Host Hotels & Resorts LP | 2.900% | 12/15/31 | 1,530 | 1,370 | |
Hudson Pacific Properties LP | 3.950% | 11/1/27 | 3,916 | 3,942 | ||
Hudson Pacific Properties LP | 4.650% | 4/1/29 | 4,648 | 4,863 | ||
Hudson Pacific Properties LP | 3.250% | 1/15/30 | 3,371 | 3,226 | ||
Invitation Homes Operating Partnership LP | 2.000% | 8/15/31 | 10,000 | 8,553 | ||
Kilroy Realty LP | 4.750% | 12/15/28 | 2,183 | 2,300 |
Coupon | Maturity Date | Face Amount ($000) | Market Value ($000) | |||
Kilroy Realty LP | 4.250% | 8/15/29 | 3,397 | 3,488 | ||
Kilroy Realty LP | 3.050% | 2/15/30 | 4,197 | 3,938 | ||
Kimco Realty Corp. | 3.800% | 4/1/27 | 2,750 | 2,782 | ||
Kimco Realty Corp. | 1.900% | 3/1/28 | 4,400 | 3,990 | ||
Kimco Realty Corp. | 2.700% | 10/1/30 | 3,200 | 2,998 | ||
Kimco Realty Corp. | 2.250% | 12/1/31 | 575 | 514 | ||
Kite Realty Group Trust | 4.750% | 9/15/30 | 2,011 | 2,082 | ||
Life Storage LP | 3.875% | 12/15/27 | 2,945 | 2,981 | ||
Life Storage LP | 4.000% | 6/15/29 | 4,550 | 4,604 | ||
Life Storage LP | 2.200% | 10/15/30 | 3,100 | 2,739 | ||
Life Storage LP | 2.400% | 10/15/31 | 5,000 | 4,415 | ||
LXP Industrial Trust | 2.700% | 9/15/30 | 1,575 | 1,454 | ||
LXP Industrial Trust | 2.375% | 10/1/31 | 3,754 | 3,334 | ||
Mid-America Apartments LP | 3.600% | 6/1/27 | 7,768 | 7,820 | ||
Mid-America Apartments LP | 4.200% | 6/15/28 | 4,225 | 4,370 | ||
Mid-America Apartments LP | 3.950% | 3/15/29 | 4,510 | 4,642 | ||
Mid-America Apartments LP | 2.750% | 3/15/30 | 1,317 | 1,252 | ||
National Health Investors Inc. | 3.000% | 2/1/31 | 4,467 | 3,891 | ||
National Retail Properties Inc. | 4.300% | 10/15/28 | 5,025 | 5,149 | ||
National Retail Properties Inc. | 2.500% | 4/15/30 | 6,000 | 5,522 | ||
Office Properties Income Trust | 2.650% | 6/15/26 | 96 | 88 | ||
Office Properties Income Trust | 3.450% | 10/15/31 | 3,330 | 2,870 | ||
Omega Healthcare Investors Inc. | 4.500% | 4/1/27 | 4,271 | 4,358 | ||
Omega Healthcare Investors Inc. | 4.750% | 1/15/28 | 4,445 | 4,507 | ||
Omega Healthcare Investors Inc. | 3.625% | 10/1/29 | 5,139 | 4,853 | ||
Omega Healthcare Investors Inc. | 3.375% | 2/1/31 | 6,125 | 5,606 | ||
Physicians Realty LP | 3.950% | 1/15/28 | 3,727 | 3,768 | ||
Physicians Realty LP | 2.625% | 11/1/31 | 4,129 | 3,724 | ||
Piedmont Operating Partnership LP | 3.150% | 8/15/30 | 2,800 | 2,624 | ||
Prologis LP | 2.125% | 4/15/27 | 5,698 | 5,403 | ||
Prologis LP | 3.875% | 9/15/28 | 5,041 | 5,181 | ||
Prologis LP | 4.375% | 2/1/29 | 2,524 | 2,687 | ||
Prologis LP | 2.250% | 4/15/30 | 11,566 | 10,741 | ||
Prologis LP | 1.250% | 10/15/30 | 4,800 | 4,088 | ||
Public Storage | 3.094% | 9/15/27 | 5,775 | 5,774 | ||
Public Storage | 1.850% | 5/1/28 | 1,050 | 970 | ||
Public Storage | 1.950% | 11/9/28 | 5,077 | 4,689 | ||
Public Storage | 3.385% | 5/1/29 | 4,925 | 4,989 | ||
Public Storage | 2.250% | 11/9/31 | 9,985 | 9,134 | ||
Rayonier LP | 2.750% | 5/17/31 | 4,000 | 3,662 | ||
Realty Income Corp. | 3.950% | 8/15/27 | 4,239 | 4,359 | ||
Realty Income Corp. | 3.400% | 1/15/28 | 5,745 | 5,734 | ||
Realty Income Corp. | 3.650% | 1/15/28 | 4,185 | 4,250 | ||
Realty Income Corp. | 2.200% | 6/15/28 | 1,050 | 975 | ||
Realty Income Corp. | 3.250% | 6/15/29 | 3,965 | 3,936 | ||
Realty Income Corp. | 3.100% | 12/15/29 | 5,725 | 5,584 | ||
Realty Income Corp. | 3.250% | 1/15/31 | 10,812 | 10,633 | ||
Regency Centers LP | 4.125% | 3/15/28 | 3,049 | 3,153 | ||
Regency Centers LP | 2.950% | 9/15/29 | 3,700 | 3,529 | ||
Regency Centers LP | 3.700% | 6/15/30 | 4,420 | 4,422 | ||
Rexford Industrial Realty LP | 2.150% | 9/1/31 | 2,900 | 2,508 | ||
Sabra Health Care LP | 3.900% | 10/15/29 | 5,491 | 5,289 | ||
Sabra Health Care LP | 3.200% | 12/1/31 | 1,608 | 1,437 | ||
Safehold Operating Partnership LP | 2.800% | 6/15/31 | 5,000 | 4,418 | ||
Simon Property Group LP | 3.375% | 6/15/27 | 5,131 | 5,140 | ||
Simon Property Group LP | 3.375% | 12/1/27 | 8,060 | 8,021 | ||
Simon Property Group LP | 1.750% | 2/1/28 | 4,375 | 3,986 | ||
Simon Property Group LP | 2.450% | 9/13/29 | 10,663 | 9,948 |
Coupon | Maturity Date | Face Amount ($000) | Market Value ($000) | |||
Simon Property Group LP | 2.650% | 7/15/30 | 6,050 | 5,705 | ||
Simon Property Group LP | 2.200% | 2/1/31 | 5,000 | 4,508 | ||
Simon Property Group LP | 2.250% | 1/15/32 | 8,307 | 7,427 | ||
SITE Centers Corp. | 4.700% | 6/1/27 | 4,950 | 5,126 | ||
Spirit Realty LP | 3.200% | 1/15/27 | 21 | 21 | ||
Spirit Realty LP | 2.100% | 3/15/28 | 6,473 | 5,875 | ||
Spirit Realty LP | 4.000% | 7/15/29 | 5,755 | 5,819 | ||
Spirit Realty LP | 3.400% | 1/15/30 | 2,530 | 2,439 | ||
Spirit Realty LP | 3.200% | 2/15/31 | 1,200 | 1,141 | ||
STORE Capital Corp. | 4.500% | 3/15/28 | 3,425 | 3,527 | ||
STORE Capital Corp. | 4.625% | 3/15/29 | 2,877 | 2,988 | ||
STORE Capital Corp. | 2.750% | 11/18/30 | 3,200 | 2,904 | ||
Sun Communities Operating LP | 2.300% | 11/1/28 | 3,000 | 2,725 | ||
Sun Communities Operating LP | 2.700% | 7/15/31 | 6,645 | 5,995 | ||
Tanger Properties LP | 3.875% | 7/15/27 | 2,476 | 2,468 | ||
Tanger Properties LP | 2.750% | 9/1/31 | 3,156 | 2,743 | ||
1 | UDR Inc. | 3.500% | 7/1/27 | 1,560 | 1,567 | |
1 | UDR Inc. | 3.500% | 1/15/28 | 2,283 | 2,277 | |
1 | UDR Inc. | 4.400% | 1/26/29 | 3,993 | 4,181 | |
1 | UDR Inc. | 3.200% | 1/15/30 | 3,548 | 3,450 | |
Ventas Realty LP | 3.850% | 4/1/27 | 545 | 556 | ||
Ventas Realty LP | 4.000% | 3/1/28 | 6,090 | 6,199 | ||
Ventas Realty LP | 4.400% | 1/15/29 | 4,660 | 4,891 | ||
Ventas Realty LP | 3.000% | 1/15/30 | 3,786 | 3,622 | ||
Ventas Realty LP | 4.750% | 11/15/30 | 4,592 | 4,922 | ||
Vornado Realty LP | 2.150% | 6/1/26 | 102 | 96 | ||
Vornado Realty LP | 3.400% | 6/1/31 | 1,635 | 1,531 | ||
Welltower Inc. | 4.250% | 4/15/28 | 6,148 | 6,375 | ||
Welltower Inc. | 4.125% | 3/15/29 | 6,329 | 6,541 | ||
Welltower Inc. | 3.100% | 1/15/30 | 7,221 | 6,968 | ||
Welltower Inc. | 2.750% | 1/15/31 | 10,000 | 9,370 | ||
Welltower Inc. | 2.750% | 1/15/32 | 5,500 | 5,069 | ||
Weyerhaeuser Co. | 4.000% | 11/15/29 | 5,989 | 6,159 | ||
Weyerhaeuser Co. | 4.000% | 4/15/30 | 9,164 | 9,442 | ||
WP Carey Inc. | 3.850% | 7/15/29 | 4,400 | 4,451 | ||
WP Carey Inc. | 2.400% | 2/1/31 | 4,693 | 4,230 | ||
981,749 | ||||||
Technology (3.5%) | ||||||
Adobe Inc. | 2.300% | 2/1/30 | 11,970 | 11,312 | ||
Advanced Micro Devices Inc. | 2.375% | 6/1/30 | 6,811 | 6,328 | ||
Amdocs Ltd. | 2.538% | 6/15/30 | 6,125 | 5,573 | ||
Analog Devices Inc. | 1.700% | 10/1/28 | 6,475 | 5,949 | ||
Analog Devices Inc. | 2.100% | 10/1/31 | 8,450 | 7,782 | ||
Apple Inc. | 3.200% | 5/11/27 | 14,647 | 14,895 | ||
Apple Inc. | 3.000% | 6/20/27 | 6,012 | 6,078 | ||
Apple Inc. | 2.900% | 9/12/27 | 15,415 | 15,446 | ||
Apple Inc. | 3.000% | 11/13/27 | 4,059 | 4,087 | ||
Apple Inc. | 1.200% | 2/8/28 | 19,773 | 17,967 | ||
Apple Inc. | 1.400% | 8/5/28 | 19,500 | 17,798 | ||
Apple Inc. | 2.200% | 9/11/29 | 9,760 | 9,301 | ||
Apple Inc. | 1.650% | 5/11/30 | 13,190 | 11,957 | ||
Apple Inc. | 1.250% | 8/20/30 | 13,171 | 11,503 | ||
Apple Inc. | 1.650% | 2/8/31 | 22,198 | 19,964 | ||
Apple Inc. | 1.700% | 8/5/31 | 8,108 | 7,272 | ||
Applied Materials Inc. | 3.300% | 4/1/27 | 8,614 | 8,740 | ||
Applied Materials Inc. | 1.750% | 6/1/30 | 5,197 | 4,715 | ||
Arrow Electronics Inc. | 3.875% | 1/12/28 | 4,375 | 4,417 | ||
Autodesk Inc. | 3.500% | 6/15/27 | 4,360 | 4,384 |
Coupon | Maturity Date | Face Amount ($000) | Market Value ($000) | |||
Autodesk Inc. | 2.850% | 1/15/30 | 3,775 | 3,558 | ||
Autodesk Inc. | 2.400% | 12/15/31 | 9,050 | 8,129 | ||
Automatic Data Processing Inc. | 1.700% | 5/15/28 | 8,587 | 7,984 | ||
Automatic Data Processing Inc. | 1.250% | 9/1/30 | 8,199 | 7,129 | ||
Avnet Inc. | 3.000% | 5/15/31 | 924 | 849 | ||
Block Financial LLC | 2.500% | 7/15/28 | 3,000 | 2,748 | ||
Block Financial LLC | 3.875% | 8/15/30 | 7,380 | 7,228 | ||
Broadcom Corp. | 3.500% | 1/15/28 | 1,635 | 1,607 | ||
3 | Broadcom Inc. | 1.950% | 2/15/28 | 4,598 | 4,140 | |
Broadcom Inc. | 4.110% | 9/15/28 | 14,363 | 14,572 | ||
Broadcom Inc. | 4.750% | 4/15/29 | 16,225 | 17,029 | ||
Broadcom Inc. | 5.000% | 4/15/30 | 9,475 | 10,103 | ||
Broadcom Inc. | 4.150% | 11/15/30 | 19,101 | 19,350 | ||
3 | Broadcom Inc. | 2.450% | 2/15/31 | 23,071 | 20,513 | |
Broadridge Financial Solutions Inc. | 2.900% | 12/1/29 | 3,461 | 3,278 | ||
Broadridge Financial Solutions Inc. | 2.600% | 5/1/31 | 8,241 | 7,464 | ||
CDW LLC | 4.250% | 4/1/28 | 2,979 | 2,926 | ||
CDW LLC | 3.250% | 2/15/29 | 3,631 | 3,331 | ||
3 | CGI Inc. | 2.300% | 9/14/31 | 3,400 | 2,976 | |
Cintas Corp. No. 2 | 3.700% | 4/1/27 | 13,670 | 14,004 | ||
Citrix Systems Inc. | 4.500% | 12/1/27 | 7,680 | 7,878 | ||
Citrix Systems Inc. | 3.300% | 3/1/30 | 5,220 | 5,171 | ||
Dell Inc. | 7.100% | 4/15/28 | 500 | 568 | ||
Dell International LLC | 6.100% | 7/15/27 | 3,625 | 4,013 | ||
Dell International LLC | 5.300% | 10/1/29 | 20,398 | 22,219 | ||
Dell International LLC | 6.200% | 7/15/30 | 5,511 | 6,316 | ||
DXC Technology Co. | 2.375% | 9/15/28 | 6,712 | 6,069 | ||
Equifax Inc. | 3.100% | 5/15/30 | 9,043 | 8,628 | ||
Equifax Inc. | 2.350% | 9/15/31 | 9,140 | 8,174 | ||
Fidelity National Information Services Inc. | 1.650% | 3/1/28 | 6,722 | 6,022 | ||
Fidelity National Information Services Inc. | 3.750% | 5/21/29 | 4,575 | 4,577 | ||
Fidelity National Information Services Inc. | 2.250% | 3/1/31 | 8,068 | 7,132 | ||
Fiserv Inc. | 2.250% | 6/1/27 | 9,303 | 8,806 | ||
Fiserv Inc. | 4.200% | 10/1/28 | 8,850 | 9,121 | ||
Fiserv Inc. | 3.500% | 7/1/29 | 25,423 | 25,018 | ||
Fiserv Inc. | 2.650% | 6/1/30 | 8,180 | 7,553 | ||
Flex Ltd. | 4.875% | 6/15/29 | 4,986 | 5,217 | ||
Flex Ltd. | 4.875% | 5/12/30 | 6,600 | 6,854 | ||
Fortinet Inc. | 2.200% | 3/15/31 | 5,000 | 4,429 | ||
Global Payments Inc. | 4.450% | 6/1/28 | 4,440 | 4,574 | ||
Global Payments Inc. | 3.200% | 8/15/29 | 11,636 | 11,064 | ||
Global Payments Inc. | 2.900% | 5/15/30 | 9,086 | 8,408 | ||
Global Payments Inc. | 2.900% | 11/15/31 | 5,000 | 4,565 | ||
3 | GXO Logistics Inc. | 2.650% | 7/15/31 | 4,250 | 3,691 | |
HP Inc. | 3.000% | 6/17/27 | 8,053 | 7,847 | ||
HP Inc. | 4.000% | 4/15/29 | 7,000 | 6,976 | ||
HP Inc. | 3.400% | 6/17/30 | 7,103 | 6,835 | ||
HP Inc. | 2.650% | 6/17/31 | 8,475 | 7,620 | ||
Hubbell Inc. | 3.150% | 8/15/27 | 2,200 | 2,181 | ||
Hubbell Inc. | 3.500% | 2/15/28 | 4,150 | 4,146 | ||
Hubbell Inc. | 2.300% | 3/15/31 | 2,060 | 1,875 | ||
Intel Corp. | 3.150% | 5/11/27 | 4,095 | 4,132 | ||
Intel Corp. | 1.600% | 8/12/28 | 7,400 | 6,768 | ||
Intel Corp. | 2.450% | 11/15/29 | 17,358 | 16,564 | ||
Intel Corp. | 3.900% | 3/25/30 | 7,815 | 8,216 | ||
Intel Corp. | 2.000% | 8/12/31 | 11,427 | 10,374 | ||
International Business Machines Corp. | 1.700% | 5/15/27 | 11,357 | 10,634 | ||
International Business Machines Corp. | 6.220% | 8/1/27 | 3,220 | 3,684 |
Coupon | Maturity Date | Face Amount ($000) | Market Value ($000) | |||
International Business Machines Corp. | 3.500% | 5/15/29 | 23,853 | 24,326 | ||
International Business Machines Corp. | 1.950% | 5/15/30 | 11,675 | 10,623 | ||
International Business Machines Corp. | 2.720% | 2/9/32 | 1,500 | 1,424 | ||
Intuit Inc. | 1.350% | 7/15/27 | 4,550 | 4,151 | ||
Intuit Inc. | 1.650% | 7/15/30 | 4,200 | 3,704 | ||
Jabil Inc. | 3.950% | 1/12/28 | 5,835 | 5,849 | ||
Jabil Inc. | 3.600% | 1/15/30 | 4,700 | 4,553 | ||
Jabil Inc. | 3.000% | 1/15/31 | 4,000 | 3,673 | ||
Juniper Networks Inc. | 3.750% | 8/15/29 | 4,352 | 4,352 | ||
Juniper Networks Inc. | 2.000% | 12/10/30 | 3,464 | 3,002 | ||
KLA Corp. | 4.100% | 3/15/29 | 6,366 | 6,680 | ||
3 | Kyndryl Holdings Inc. | 2.700% | 10/15/28 | 3,588 | 3,119 | |
3 | Kyndryl Holdings Inc. | 3.150% | 10/15/31 | 5,014 | 4,234 | |
Lam Research Corp. | 4.000% | 3/15/29 | 8,225 | 8,623 | ||
Lam Research Corp. | 1.900% | 6/15/30 | 6,370 | 5,777 | ||
Leidos Inc. | 4.375% | 5/15/30 | 3,940 | 4,019 | ||
Leidos Inc. | 2.300% | 2/15/31 | 8,800 | 7,631 | ||
Marvell Technology Inc. | 2.450% | 4/15/28 | 4,387 | 4,046 | ||
1 | Marvell Technology Inc. | 4.875% | 6/22/28 | 6,171 | 6,474 | |
Marvell Technology Inc. | 2.950% | 4/15/31 | 2,975 | 2,745 | ||
Maxim Integrated Products Inc. | 3.450% | 6/15/27 | 3,913 | 3,902 | ||
Micron Technology Inc. | 5.327% | 2/6/29 | 5,625 | 6,115 | ||
Micron Technology Inc. | 4.663% | 2/15/30 | 5,877 | 6,183 | ||
Moody's Corp. | 3.250% | 1/15/28 | 2,074 | 2,076 | ||
Moody's Corp. | 4.250% | 2/1/29 | 1,100 | 1,154 | ||
Moody's Corp. | 2.000% | 8/19/31 | 5,300 | 4,711 | ||
Motorola Solutions Inc. | 4.600% | 2/23/28 | 9,088 | 9,405 | ||
Motorola Solutions Inc. | 4.600% | 5/23/29 | 4,047 | 4,216 | ||
Motorola Solutions Inc. | 2.300% | 11/15/30 | 7,006 | 6,143 | ||
Motorola Solutions Inc. | 2.750% | 5/24/31 | 3,477 | 3,156 | ||
NetApp Inc. | 2.375% | 6/22/27 | 5,225 | 4,976 | ||
NetApp Inc. | 2.700% | 6/22/30 | 6,100 | 5,638 | ||
NVIDIA Corp. | 1.550% | 6/15/28 | 10,335 | 9,494 | ||
NVIDIA Corp. | 2.850% | 4/1/30 | 7,123 | 7,011 | ||
NVIDIA Corp. | 2.000% | 6/15/31 | 8,467 | 7,741 | ||
3 | NXP BV | 3.150% | 5/1/27 | 4,964 | 4,813 | |
3 | NXP BV | 5.550% | 12/1/28 | 5,330 | 5,838 | |
3 | NXP BV | 4.300% | 6/18/29 | 8,363 | 8,645 | |
3 | NXP BV | 3.400% | 5/1/30 | 7,356 | 7,159 | |
3 | NXP BV | 2.500% | 5/11/31 | 8,105 | 7,318 | |
3 | NXP BV | 2.650% | 2/15/32 | 7,800 | 7,036 | |
Oracle Corp. | 2.800% | 4/1/27 | 15,787 | 15,128 | ||
Oracle Corp. | 3.250% | 11/15/27 | 14,891 | 14,491 | ||
Oracle Corp. | 2.300% | 3/25/28 | 16,092 | 14,735 | ||
Oracle Corp. | 2.950% | 4/1/30 | 25,830 | 23,905 | ||
Oracle Corp. | 3.250% | 5/15/30 | 4,542 | 4,290 | ||
Oracle Corp. | 2.875% | 3/25/31 | 26,675 | 24,343 | ||
PayPal Holdings Inc. | 2.850% | 10/1/29 | 8,994 | 8,800 | ||
PayPal Holdings Inc. | 2.300% | 6/1/30 | 9,987 | 9,306 | ||
Qorvo Inc. | 4.375% | 10/15/29 | 7,000 | 7,011 | ||
QUALCOMM Inc. | 3.250% | 5/20/27 | 16,540 | 16,777 | ||
QUALCOMM Inc. | 1.300% | 5/20/28 | 7,400 | 6,688 | ||
QUALCOMM Inc. | 2.150% | 5/20/30 | 7,075 | 6,583 | ||
Quanta Services Inc. | 2.900% | 10/1/30 | 2,200 | 2,039 | ||
Quanta Services Inc. | 2.350% | 1/15/32 | 1,020 | 887 | ||
RELX Capital Inc. | 4.000% | 3/18/29 | 7,050 | 7,257 | ||
RELX Capital Inc. | 3.000% | 5/22/30 | 4,550 | 4,339 | ||
Roper Technologies Inc. | 1.400% | 9/15/27 | 8,956 | 8,120 |
Coupon | Maturity Date | Face Amount ($000) | Market Value ($000) | |||
Roper Technologies Inc. | 4.200% | 9/15/28 | 4,241 | 4,405 | ||
Roper Technologies Inc. | 2.950% | 9/15/29 | 6,265 | 6,041 | ||
Roper Technologies Inc. | 2.000% | 6/30/30 | 6,236 | 5,555 | ||
Roper Technologies Inc. | 1.750% | 2/15/31 | 5,877 | 5,082 | ||
3 | S&P Global Inc. | 4.750% | 8/1/28 | 5,500 | 5,908 | |
3 | S&P Global Inc. | 2.700% | 3/1/29 | 5,000 | 4,846 | |
3 | S&P Global Inc. | 4.250% | 5/1/29 | 5,609 | 5,902 | |
S&P Global Inc. | 2.500% | 12/1/29 | 3,787 | 3,600 | ||
S&P Global Inc. | 1.250% | 8/15/30 | 4,800 | 4,144 | ||
3 | S&P Global Inc. | 2.900% | 3/1/32 | 11,000 | 10,662 | |
Salesforce Inc. | 3.700% | 4/11/28 | 7,717 | 7,982 | ||
Salesforce Inc. | 1.500% | 7/15/28 | 8,070 | 7,415 | ||
Salesforce Inc. | 1.950% | 7/15/31 | 13,168 | 12,028 | ||
ServiceNow Inc. | 1.400% | 9/1/30 | 12,822 | 10,896 | ||
Skyworks Solutions Inc. | 3.000% | 6/1/31 | 4,408 | 3,929 | ||
3 | TD SYNNEX Corp. | 2.375% | 8/9/28 | 4,642 | 4,176 | |
Teledyne FLIR LLC | 2.500% | 8/1/30 | 5,641 | 5,130 | ||
Texas Instruments Inc. | 2.900% | 11/3/27 | 5,017 | 5,025 | ||
Texas Instruments Inc. | 2.250% | 9/4/29 | 6,361 | 6,064 | ||
Texas Instruments Inc. | 1.750% | 5/4/30 | 6,811 | 6,217 | ||
Texas Instruments Inc. | 1.900% | 9/15/31 | 4,300 | 3,910 | ||
TSMC Arizona Corp. | 2.500% | 10/25/31 | 10,150 | 9,372 | ||
Verisk Analytics Inc. | 4.125% | 3/15/29 | 4,587 | 4,740 | ||
VMware Inc. | 4.650% | 5/15/27 | 4,995 | 5,240 | ||
VMware Inc. | 3.900% | 8/21/27 | 8,643 | 8,768 | ||
VMware Inc. | 1.800% | 8/15/28 | 6,950 | 6,194 | ||
VMware Inc. | 4.700% | 5/15/30 | 6,929 | 7,323 | ||
VMware Inc. | 2.200% | 8/15/31 | 13,065 | 11,491 | ||
Western Digital Corp. | 2.850% | 2/1/29 | 3,901 | 3,576 | ||
4 | Workday Inc. | 3.500% | 4/1/27 | 3,000 | 3,006 | |
4 | Workday Inc. | 3.700% | 4/1/29 | 3,000 | 3,005 | |
1,246,371 | ||||||
Utilities (2.9%) | ||||||
AEP Texas Inc. | 3.950% | 6/1/28 | 9,515 | 9,694 | ||
1 | AEP Texas Inc. | 2.100% | 7/1/30 | 4,155 | 3,706 | |
AES Corp. | 2.450% | 1/15/31 | 8,583 | 7,695 | ||
1 | Alabama Power Co. | 1.450% | 9/15/30 | 3,884 | 3,365 | |
Alabama Power Co. | 3.050% | 3/15/32 | 5,000 | 4,862 | ||
Ameren Corp. | 1.750% | 3/15/28 | 4,237 | 3,825 | ||
Ameren Corp. | 3.500% | 1/15/31 | 4,394 | 4,343 | ||
Ameren Illinois Co. | 3.800% | 5/15/28 | 4,025 | 4,141 | ||
Ameren Illinois Co. | 1.550% | 11/15/30 | 2,100 | 1,833 | ||
American Electric Power Co. Inc. | 3.200% | 11/13/27 | 3,853 | 3,818 | ||
1 | American Electric Power Co. Inc. | 4.300% | 12/1/28 | 8,744 | 9,046 | |
American Water Capital Corp. | 2.950% | 9/1/27 | 5,854 | 5,803 | ||
American Water Capital Corp. | 3.750% | 9/1/28 | 4,502 | 4,584 | ||
American Water Capital Corp. | 3.450% | 6/1/29 | 3,860 | 3,877 | ||
American Water Capital Corp. | 2.800% | 5/1/30 | 4,960 | 4,737 | ||
American Water Capital Corp. | 2.300% | 6/1/31 | 2,050 | 1,878 | ||
1 | Appalachian Power Co. | 3.300% | 6/1/27 | 769 | 770 | |
1 | Appalachian Power Co. | 2.700% | 4/1/31 | 5,120 | 4,767 | |
Arizona Public Service Co. | 2.950% | 9/15/27 | 2,725 | 2,663 | ||
Arizona Public Service Co. | 2.600% | 8/15/29 | 3,200 | 2,998 | ||
Atlantic City Electric Co. | 2.300% | 3/15/31 | 3,910 | 3,616 | ||
Atmos Energy Corp. | 3.000% | 6/15/27 | 5,390 | 5,354 | ||
Atmos Energy Corp. | 2.625% | 9/15/29 | 4,035 | 3,851 | ||
Atmos Energy Corp. | 1.500% | 1/15/31 | 2,875 | 2,478 | ||
Avangrid Inc. | 3.800% | 6/1/29 | 4,536 | 4,605 |
Coupon | Maturity Date | Face Amount ($000) | Market Value ($000) | |||
Baltimore Gas & Electric Co. | 2.250% | 6/15/31 | 3,374 | 3,080 | ||
Berkshire Hathaway Energy Co. | 3.250% | 4/15/28 | 7,748 | 7,743 | ||
Berkshire Hathaway Energy Co. | 3.700% | 7/15/30 | 8,600 | 8,847 | ||
Berkshire Hathaway Energy Co. | 1.650% | 5/15/31 | 4,560 | 3,985 | ||
Black Hills Corp. | 3.050% | 10/15/29 | 3,630 | 3,470 | ||
1 | CenterPoint Energy Houston Electric LLC | 2.350% | 4/1/31 | 3,553 | 3,303 | |
1 | CenterPoint Energy Houston Electric LLC | 3.000% | 3/1/32 | 2,000 | 1,955 | |
CenterPoint Energy Inc. | 4.250% | 11/1/28 | 1,539 | 1,583 | ||
CenterPoint Energy Inc. | 2.950% | 3/1/30 | 3,230 | 3,083 | ||
CenterPoint Energy Inc. | 2.650% | 6/1/31 | 1,850 | 1,714 | ||
CenterPoint Energy Resources Corp. | 4.000% | 4/1/28 | 1,635 | 1,666 | ||
CenterPoint Energy Resources Corp. | 1.750% | 10/1/30 | 6,267 | 5,495 | ||
Cleco Corporate Holdings LLC | 3.375% | 9/15/29 | 1,000 | 955 | ||
CMS Energy Corp. | 3.450% | 8/15/27 | 5,095 | 5,132 | ||
1 | CMS Energy Corp. | 4.750% | 6/1/50 | 6,527 | 6,437 | |
CMS Energy Corp. | 3.750% | 12/1/50 | 2,612 | 2,303 | ||
1 | Commonwealth Edison Co. | 2.950% | 8/15/27 | 3,959 | 3,908 | |
Commonwealth Edison Co. | 3.700% | 8/15/28 | 4,430 | 4,519 | ||
Commonwealth Edison Co. | 2.200% | 3/1/30 | 1,650 | 1,530 | ||
1 | Commonwealth Edison Co. | 3.150% | 3/15/32 | 4,000 | 3,951 | |
1 | Connecticut Light & Power Co. | 2.050% | 7/1/31 | 2,305 | 2,081 | |
1 | Consolidated Edison Co. of New York Inc. | 3.125% | 11/15/27 | 5,383 | 5,325 | |
1 | Consolidated Edison Co. of New York Inc. | 3.350% | 4/1/30 | 4,200 | 4,184 | |
Consolidated Edison Co. of New York Inc. | 2.400% | 6/15/31 | 7,266 | 6,703 | ||
Dominion Energy Inc. | 4.250% | 6/1/28 | 3,561 | 3,703 | ||
1 | Dominion Energy Inc. | 3.375% | 4/1/30 | 15,395 | 15,165 | |
1 | Dominion Energy Inc. | 2.250% | 8/15/31 | 3,060 | 2,758 | |
1 | Dominion Energy South Carolina Inc. | 2.300% | 12/1/31 | 3,798 | 3,472 | |
Dominion Energy South Carolina Inc. | 6.625% | 2/1/32 | 1,047 | 1,290 | ||
1 | DTE Electric Co. | 1.900% | 4/1/28 | 4,418 | 4,113 | |
DTE Electric Co. | 2.250% | 3/1/30 | 4,175 | 3,898 | ||
1 | DTE Electric Co. | 2.625% | 3/1/31 | 5,635 | 5,354 | |
1 | DTE Electric Co. | 3.000% | 3/1/32 | 4,000 | 3,903 | |
1 | DTE Energy Co. | 3.400% | 6/15/29 | 6,004 | 5,891 | |
Duke Energy Carolinas LLC | 3.950% | 11/15/28 | 5,093 | 5,302 | ||
Duke Energy Carolinas LLC | 2.450% | 8/15/29 | 4,300 | 4,077 | ||
Duke Energy Carolinas LLC | 2.450% | 2/1/30 | 7,090 | 6,698 | ||
Duke Energy Carolinas LLC | 2.550% | 4/15/31 | 7,521 | 7,106 | ||
Duke Energy Carolinas LLC | 2.850% | 3/15/32 | 4,000 | 3,863 | ||
Duke Energy Corp. | 3.150% | 8/15/27 | 5,721 | 5,664 | ||
Duke Energy Corp. | 3.400% | 6/15/29 | 9,179 | 9,106 | ||
Duke Energy Corp. | 2.450% | 6/1/30 | 7,867 | 7,236 | ||
Duke Energy Corp. | 2.550% | 6/15/31 | 11,101 | 10,178 | ||
Duke Energy Florida LLC | 3.800% | 7/15/28 | 4,332 | 4,447 | ||
Duke Energy Florida LLC | 2.500% | 12/1/29 | 2,433 | 2,313 | ||
Duke Energy Florida LLC | 1.750% | 6/15/30 | 1,743 | 1,549 | ||
Duke Energy Florida LLC | 2.400% | 12/15/31 | 2,650 | 2,448 | ||
Duke Energy Ohio Inc. | 3.650% | 2/1/29 | 5,835 | 5,940 | ||
Duke Energy Ohio Inc. | 2.125% | 6/1/30 | 2,701 | 2,448 | ||
Duke Energy Progress LLC | 3.700% | 9/1/28 | 3,671 | 3,755 | ||
Duke Energy Progress LLC | 3.450% | 3/15/29 | 6,413 | 6,466 | ||
Duke Energy Progress LLC | 2.000% | 8/15/31 | 3,992 | 3,582 | ||
3 | East Ohio Gas Co. | 2.000% | 6/15/30 | 3,000 | 2,675 | |
Edison International | 5.750% | 6/15/27 | 3,688 | 3,957 | ||
Edison International | 4.125% | 3/15/28 | 4,490 | 4,465 | ||
Enel Chile SA | 4.875% | 6/12/28 | 5,334 | 5,519 | ||
Entergy Corp. | 1.900% | 6/15/28 | 7,332 | 6,643 | ||
Entergy Corp. | 2.800% | 6/15/30 | 4,288 | 4,016 |
Coupon | Maturity Date | Face Amount ($000) | Market Value ($000) | |||
Entergy Corp. | 2.400% | 6/15/31 | 7,824 | 7,029 | ||
Entergy Louisiana LLC | 3.120% | 9/1/27 | 5,421 | 5,351 | ||
Entergy Louisiana LLC | 3.250% | 4/1/28 | 5,783 | 5,728 | ||
Entergy Mississippi LLC | 2.850% | 6/1/28 | 2,185 | 2,107 | ||
Entergy Texas Inc. | 4.000% | 3/30/29 | 7,207 | 7,463 | ||
Entergy Texas Inc. | 1.750% | 3/15/31 | 2,840 | 2,479 | ||
Essential Utilities Inc. | 3.566% | 5/1/29 | 3,485 | 3,482 | ||
Essential Utilities Inc. | 2.704% | 4/15/30 | 4,275 | 4,004 | ||
Evergy Inc. | 2.900% | 9/15/29 | 4,093 | 3,912 | ||
Evergy Kansas Central Inc. | 3.100% | 4/1/27 | 4,737 | 4,723 | ||
1 | Evergy Metro Inc. | 2.250% | 6/1/30 | 5,881 | 5,398 | |
1 | Eversource Energy | 3.300% | 1/15/28 | 4,075 | 4,012 | |
1 | Eversource Energy | 4.250% | 4/1/29 | 5,280 | 5,486 | |
1 | Eversource Energy | 1.650% | 8/15/30 | 4,260 | 3,669 | |
Eversource Energy | 2.550% | 3/15/31 | 2,935 | 2,699 | ||
Exelon Corp. | 4.050% | 4/15/30 | 12,735 | 13,147 | ||
3 | Exelon Corp. | 3.350% | 3/15/32 | 2,000 | 1,951 | |
Florida Power & Light Co. | 2.450% | 2/3/32 | 6,000 | 5,648 | ||
1 | Georgia Power Co. | 2.650% | 9/15/29 | 6,186 | 5,845 | |
1 | Gulf Power Co. | 3.300% | 5/30/27 | 3,273 | 3,283 | |
Indiana Michigan Power Co. | 3.850% | 5/15/28 | 3,500 | 3,563 | ||
Interstate Power & Light Co. | 4.100% | 9/26/28 | 8,831 | 9,100 | ||
Interstate Power & Light Co. | 3.600% | 4/1/29 | 900 | 903 | ||
Interstate Power & Light Co. | 2.300% | 6/1/30 | 3,405 | 3,113 | ||
IPALCO Enterprises Inc. | 4.250% | 5/1/30 | 3,741 | 3,745 | ||
ITC Holdings Corp. | 3.350% | 11/15/27 | 6,500 | 6,499 | ||
MidAmerican Energy Co. | 3.650% | 4/15/29 | 4,473 | 4,611 | ||
MidAmerican Energy Co. | 6.750% | 12/30/31 | 975 | 1,231 | ||
Mississippi Power Co. | 3.950% | 3/30/28 | 3,000 | 3,053 | ||
National Fuel Gas Co. | 3.950% | 9/15/27 | 2,150 | 2,129 | ||
National Fuel Gas Co. | 4.750% | 9/1/28 | 3,690 | 3,728 | ||
National Fuel Gas Co. | 2.950% | 3/1/31 | 1,910 | 1,737 | ||
National Rural Utilities Cooperative Finance Corp. | 3.050% | 4/25/27 | 5,405 | 5,348 | ||
National Rural Utilities Cooperative Finance Corp. | 3.400% | 2/7/28 | 7,239 | 7,231 | ||
National Rural Utilities Cooperative Finance Corp. | 3.900% | 11/1/28 | 3,448 | 3,535 | ||
National Rural Utilities Cooperative Finance Corp. | 3.700% | 3/15/29 | 6,110 | 6,245 | ||
National Rural Utilities Cooperative Finance Corp. | 2.400% | 3/15/30 | 4,318 | 4,038 | ||
National Rural Utilities Cooperative Finance Corp. | 1.350% | 3/15/31 | 3,485 | 2,937 | ||
1 | National Rural Utilities Cooperative Finance Corp. | 1.650% | 6/15/31 | 1,216 | 1,043 | |
1 | Nevada Power Co. | 3.700% | 5/1/29 | 5,445 | 5,604 | |
1 | Nevada Power Co. | 2.400% | 5/1/30 | 3,588 | 3,369 | |
NextEra Energy Capital Holdings Inc. | 3.550% | 5/1/27 | 5,504 | 5,562 | ||
NextEra Energy Capital Holdings Inc. | 1.900% | 6/15/28 | 9,324 | 8,591 | ||
NextEra Energy Capital Holdings Inc. | 3.500% | 4/1/29 | 5,666 | 5,697 | ||
NextEra Energy Capital Holdings Inc. | 2.750% | 11/1/29 | 6,510 | 6,219 | ||
NextEra Energy Capital Holdings Inc. | 2.250% | 6/1/30 | 22,190 | 20,333 | ||
1 | NextEra Energy Capital Holdings Inc. | 4.800% | 12/1/77 | 6,425 | 6,299 | |
1 | NextEra Energy Capital Holdings Inc. | 5.650% | 5/1/79 | 3,625 | 3,738 | |
NiSource Inc. | 3.490% | 5/15/27 | 8,150 | 8,131 | ||
NiSource Inc. | 2.950% | 9/1/29 | 6,469 | 6,161 | ||
NiSource Inc. | 3.600% | 5/1/30 | 4,309 | 4,276 | ||
NiSource Inc. | 1.700% | 2/15/31 | 6,298 | 5,344 |
Coupon | Maturity Date | Face Amount ($000) | Market Value ($000) | |||
Northern States Power Co. | 2.250% | 4/1/31 | 2,230 | 2,066 | ||
NSTAR Electric Co. | 3.200% | 5/15/27 | 4,824 | 4,839 | ||
NSTAR Electric Co. | 3.250% | 5/15/29 | 2,040 | 2,038 | ||
NSTAR Electric Co. | 3.950% | 4/1/30 | 5,213 | 5,422 | ||
1 | Ohio Power Co. | 2.600% | 4/1/30 | 1,060 | 1,002 | |
1 | Ohio Power Co. | 1.625% | 1/15/31 | 6,413 | 5,494 | |
Oklahoma Gas & Electric Co. | 3.800% | 8/15/28 | 3,625 | 3,678 | ||
Oklahoma Gas & Electric Co. | 3.250% | 4/1/30 | 4,257 | 4,200 | ||
Oncor Electric Delivery Co. LLC | 3.700% | 11/15/28 | 9,004 | 9,244 | ||
Oncor Electric Delivery Co. LLC | 2.750% | 5/15/30 | 3,850 | 3,710 | ||
3 | Oncor Electric Delivery Co. LLC | 2.750% | 5/15/30 | 1,600 | 1,542 | |
ONE Gas Inc. | 2.000% | 5/15/30 | 2,675 | 2,392 | ||
Pacific Gas & Electric Co. | 3.300% | 12/1/27 | 16,581 | 15,678 | ||
Pacific Gas & Electric Co. | 3.000% | 6/15/28 | 3,025 | 2,817 | ||
Pacific Gas & Electric Co. | 3.750% | 7/1/28 | 13,711 | 13,197 | ||
Pacific Gas & Electric Co. | 4.550% | 7/1/30 | 30,252 | 30,017 | ||
Pacific Gas & Electric Co. | 2.500% | 2/1/31 | 17,085 | 14,701 | ||
Pacific Gas & Electric Co. | 3.250% | 6/1/31 | 2,902 | 2,624 | ||
PacifiCorp | 3.500% | 6/15/29 | 3,666 | 3,712 | ||
PacifiCorp | 2.700% | 9/15/30 | 4,676 | 4,475 | ||
PacifiCorp | 7.700% | 11/15/31 | 1,735 | 2,303 | ||
Piedmont Natural Gas Co. Inc. | 3.500% | 6/1/29 | 3,491 | 3,497 | ||
Piedmont Natural Gas Co. Inc. | 2.500% | 3/15/31 | 3,825 | 3,499 | ||
Progress Energy Inc. | 7.000% | 10/30/31 | 4,700 | 5,846 | ||
Public Service Co. of Colorado | 3.700% | 6/15/28 | 2,725 | 2,793 | ||
1 | Public Service Co. of Colorado | 1.900% | 1/15/31 | 3,200 | 2,866 | |
1 | Public Service Electric & Gas Co. | 2.250% | 9/15/26 | 4,339 | 4,185 | |
1 | Public Service Electric & Gas Co. | 3.000% | 5/15/27 | 2,482 | 2,466 | |
1 | Public Service Electric & Gas Co. | 3.700% | 5/1/28 | 3,537 | 3,614 | |
1 | Public Service Electric & Gas Co. | 3.650% | 9/1/28 | 2,700 | 2,740 | |
1 | Public Service Electric & Gas Co. | 3.200% | 5/15/29 | 2,675 | 2,677 | |
1 | Public Service Electric & Gas Co. | 2.450% | 1/15/30 | 2,394 | 2,275 | |
1 | Public Service Electric & Gas Co. | 3.100% | 3/15/32 | 4,000 | 3,957 | |
Public Service Enterprise Group Inc. | 1.600% | 8/15/30 | 12,450 | 10,685 | ||
Puget Energy Inc. | 2.379% | 6/15/28 | 2,205 | 2,021 | ||
Puget Energy Inc. | 4.100% | 6/15/30 | 5,801 | 5,806 | ||
1 | San Diego Gas & Electric Co. | 1.700% | 10/1/30 | 5,950 | 5,243 | |
1 | San Diego Gas & Electric Co. | 3.000% | 3/15/32 | 4,000 | 3,874 | |
Sempra Energy | 3.250% | 6/15/27 | 7,263 | 7,175 | ||
Sempra Energy | 3.400% | 2/1/28 | 9,975 | 9,944 | ||
Sempra Energy | 4.125% | 4/1/52 | 4,925 | 4,586 | ||
1 | Southern California Edison Co. | 3.650% | 3/1/28 | 5,050 | 5,068 | |
1 | Southern California Edison Co. | 4.200% | 3/1/29 | 5,141 | 5,321 | |
Southern California Edison Co. | 6.650% | 4/1/29 | 4,425 | 5,038 | ||
Southern California Edison Co. | 2.850% | 8/1/29 | 3,665 | 3,502 | ||
Southern California Edison Co. | 2.250% | 6/1/30 | 3,500 | 3,160 | ||
1 | Southern California Edison Co. | 2.500% | 6/1/31 | 2,000 | 1,821 | |
Southern California Edison Co. | 2.750% | 2/1/32 | 2,600 | 2,407 | ||
Southern California Gas Co. | 2.950% | 4/15/27 | 2,000 | 1,973 | ||
1 | Southern California Gas Co. | 2.550% | 2/1/30 | 4,150 | 3,898 | |
1 | Southern Co. | 1.750% | 3/15/28 | 3,570 | 3,216 | |
1 | Southern Co. | 3.700% | 4/30/30 | 8,175 | 8,232 | |
1 | Southern Co. | 3.750% | 9/15/51 | 2,379 | 2,192 | |
1 | Southern Co. Gas Capital Corp. | 1.750% | 1/15/31 | 6,894 | 5,916 | |
Southwest Gas Corp. | 3.700% | 4/1/28 | 2,570 | 2,559 | ||
Southwest Gas Corp. | 2.200% | 6/15/30 | 4,000 | 3,526 | ||
Southwest Gas Corp. | 4.050% | 3/15/32 | 4,000 | 3,987 | ||
1 | Southwestern Electric Power Co. | 4.100% | 9/15/28 | 4,214 | 4,310 |
Coupon | Maturity Date | Face Amount ($000) | Market Value ($000) | |||
Tampa Electric Co. | 2.400% | 3/15/31 | 2,679 | 2,467 | ||
Tucson Electric Power Co. | 1.500% | 8/1/30 | 2,813 | 2,409 | ||
Tucson Electric Power Co. | 3.250% | 5/15/32 | 2,500 | 2,442 | ||
Union Electric Co. | 2.950% | 6/15/27 | 5,037 | 4,981 | ||
Union Electric Co. | 3.500% | 3/15/29 | 4,237 | 4,308 | ||
Union Electric Co. | 2.950% | 3/15/30 | 3,450 | 3,387 | ||
Union Electric Co. | 2.150% | 3/15/32 | 4,000 | 3,641 | ||
1 | Virginia Electric & Power Co. | 3.500% | 3/15/27 | 400 | 406 | |
1 | Virginia Electric & Power Co. | 3.800% | 4/1/28 | 6,206 | 6,356 | |
1 | Virginia Electric & Power Co. | 2.875% | 7/15/29 | 5,725 | 5,579 | |
Virginia Electric & Power Co. | 2.300% | 11/15/31 | 2,051 | 1,884 | ||
Virginia Electric & Power Co. | 2.400% | 3/30/32 | 5,000 | 4,618 | ||
WEC Energy Group Inc. | 1.375% | 10/15/27 | 4,000 | 3,596 | ||
WEC Energy Group Inc. | 2.200% | 12/15/28 | 3,000 | 2,751 | ||
WEC Energy Group Inc. | 1.800% | 10/15/30 | 6,000 | 5,193 | ||
Wisconsin Electric Power Co. | 1.700% | 6/15/28 | 2,500 | 2,269 | ||
Wisconsin Power & Light Co. | 3.050% | 10/15/27 | 3,097 | 3,070 | ||
Xcel Energy Inc. | 4.000% | 6/15/28 | 6,619 | 6,740 | ||
Xcel Energy Inc. | 2.600% | 12/1/29 | 9,480 | 8,954 | ||
Xcel Energy Inc. | 3.400% | 6/1/30 | 7,785 | 7,777 | ||
Xcel Energy Inc. | 2.350% | 11/15/31 | 3,478 | 3,164 | ||
1,007,808 | ||||||
Total Corporate Bonds (Cost $14,578,065) | 13,700,935 | |||||
Sovereign Bonds (4.4%) | ||||||
1 | Asian Development Bank | 2.625% | 1/12/27 | 4,921 | 4,942 | |
1 | Asian Development Bank | 2.375% | 8/10/27 | 2,895 | 2,866 | |
Asian Development Bank | 6.220% | 8/15/27 | 175 | 204 | ||
1 | Asian Development Bank | 2.500% | 11/2/27 | 23,931 | 23,840 | |
1 | Asian Development Bank | 2.750% | 1/19/28 | 7,752 | 7,818 | |
1 | Asian Development Bank | 1.250% | 6/9/28 | 12,130 | 11,207 | |
Asian Development Bank | 5.820% | 6/16/28 | 4,833 | 5,694 | ||
1 | Asian Development Bank | 3.125% | 9/26/28 | 8,610 | 8,938 | |
1 | Asian Development Bank | 1.750% | 9/19/29 | 21,445 | 20,318 | |
1 | Asian Development Bank | 1.875% | 1/24/30 | 18,094 | 17,271 | |
1 | Asian Development Bank | 0.750% | 10/8/30 | 2,580 | 2,247 | |
1 | Asian Development Bank | 1.500% | 3/4/31 | 5,748 | 5,310 | |
Equinor ASA | 3.250% | 11/10/24 | 6 | 6 | ||
Equinor ASA | 3.000% | 4/6/27 | 4,684 | 4,666 | ||
Equinor ASA | 7.250% | 9/23/27 | 6,955 | 8,352 | ||
Equinor ASA | 3.625% | 9/10/28 | 5,400 | 5,500 | ||
Equinor ASA | 3.125% | 4/6/30 | 8,984 | 8,952 | ||
Equinor ASA | 2.375% | 5/22/30 | 12,518 | 11,820 | ||
European Investment Bank | 2.375% | 5/24/27 | 19,596 | 19,445 | ||
European Investment Bank | 0.625% | 10/21/27 | 13,245 | 11,921 | ||
European Investment Bank | 1.625% | 10/9/29 | 17,210 | 16,219 | ||
European Investment Bank | 0.875% | 5/17/30 | 16,050 | 14,137 | ||
European Investment Bank | 0.750% | 9/23/30 | 6,805 | 5,947 | ||
European Investment Bank | 1.250% | 2/14/31 | 32,380 | 29,328 | ||
European Investment Bank | 1.625% | 5/13/31 | 200 | 187 | ||
Export-Import Bank of Korea | 2.375% | 4/21/27 | 3,800 | 3,694 | ||
Export-Import Bank of Korea | 1.250% | 9/21/30 | 8,450 | 7,395 | ||
Export-Import Bank of Korea | 1.375% | 2/9/31 | 2,500 | 2,191 | ||
Export-Import Bank of Korea | 2.125% | 1/18/32 | 5,150 | 4,707 | ||
1 | Hong Kong Government International Bond | 1.750% | 11/24/31 | 3,700 | 3,406 | |
1 | Hydro-Quebec | 8.500% | 12/1/29 | 1,400 | 1,925 | |
1 | Hydro-Quebec | 9.375% | 4/15/30 | 2,172 | 3,156 | |
1 | Inter-American Development Bank | 2.000% | 6/2/26 | 663 | 647 |
Coupon | Maturity Date | Face Amount ($000) | Market Value ($000) | |||
Inter-American Development Bank | 2.375% | 7/7/27 | 24,692 | 24,466 | ||
Inter-American Development Bank | 0.625% | 9/16/27 | 16,601 | 14,960 | ||
Inter-American Development Bank | 1.125% | 7/20/28 | 10,908 | 10,021 | ||
Inter-American Development Bank | 3.125% | 9/18/28 | 20,525 | 21,247 | ||
Inter-American Development Bank | 2.250% | 6/18/29 | 26,545 | 26,052 | ||
1 | Inter-American Development Bank | 1.125% | 1/13/31 | 42,010 | 37,686 | |
International Bank for Reconstruction & Development | 8.875% | 3/1/26 | 1,000 | 1,221 | ||
International Bank for Reconstruction & Development | 0.875% | 7/15/26 | 307 | 287 | ||
1 | International Bank for Reconstruction & Development | 2.500% | 11/22/27 | 22,145 | 22,053 | |
International Bank for Reconstruction & Development | 0.750% | 11/24/27 | 59,031 | 53,460 | ||
1 | International Bank for Reconstruction & Development | 1.375% | 4/20/28 | 12,425 | 11,586 | |
International Bank for Reconstruction & Development | 1.125% | 9/13/28 | 40,505 | 37,138 | ||
1 | International Bank for Reconstruction & Development | 1.750% | 10/23/29 | 30,200 | 28,608 | |
International Bank for Reconstruction & Development | 0.875% | 5/14/30 | 9,670 | 8,504 | ||
International Bank for Reconstruction & Development | 0.750% | 8/26/30 | 16,525 | 14,413 | ||
International Bank for Reconstruction & Development | 1.250% | 2/10/31 | 28,920 | 26,116 | ||
International Bank for Reconstruction & Development | 1.625% | 11/3/31 | 40,645 | 37,591 | ||
International Bank for Reconstruction & Development | 2.500% | 3/29/32 | 28,500 | 28,391 | ||
1 | International Finance Corp. | 2.125% | 4/7/26 | 389 | 382 | |
International Finance Corp. | 0.750% | 8/27/30 | 6,215 | 5,429 | ||
5 | Japan Bank for International Cooperation | 2.875% | 6/1/27 | 15,250 | 15,324 | |
5 | Japan Bank for International Cooperation | 2.875% | 7/21/27 | 9,200 | 9,249 | |
5 | Japan Bank for International Cooperation | 2.750% | 11/16/27 | 17,165 | 17,127 | |
5 | Japan Bank for International Cooperation | 3.250% | 7/20/28 | 10,575 | 10,935 | |
5 | Japan Bank for International Cooperation | 3.500% | 10/31/28 | 11,325 | 11,894 | |
5 | Japan Bank for International Cooperation | 2.125% | 2/16/29 | 6,650 | 6,398 | |
5 | Japan Bank for International Cooperation | 2.000% | 10/17/29 | 5,300 | 5,046 | |
5 | Japan Bank for International Cooperation | 1.250% | 1/21/31 | 12,000 | 10,719 | |
5 | Japan Bank for International Cooperation | 1.875% | 4/15/31 | 15,175 | 14,246 | |
5 | Japan International Cooperation Agency | 2.750% | 4/27/27 | 6,055 | 6,049 | |
5 | Japan International Cooperation Agency | 3.375% | 6/12/28 | 4,300 | 4,433 | |
5 | Japan International Cooperation Agency | 1.000% | 7/22/30 | 4,300 | 3,753 | |
5 | Japan International Cooperation Agency | 1.750% | 4/28/31 | 4,000 | 3,724 | |
6 | KFW | 2.875% | 4/3/28 | 26,352 | 26,790 | |
6 | KFW | 1.750% | 9/14/29 | 9,937 | 9,444 | |
6 | KFW | 0.750% | 9/30/30 | 12,763 | 11,152 | |
Korea Development Bank | 1.375% | 4/25/27 | 5,910 | 5,454 | ||
Korea Development Bank | 1.625% | 1/19/31 | 3,500 | 3,113 | ||
Korea Development Bank | 2.000% | 10/25/31 | 4,926 | 4,443 | ||
1,6 | Landwirtschaftliche Rentenbank | 2.500% | 11/15/27 | 5,965 | 5,926 | |
6 | Landwirtschaftliche Rentenbank | 0.875% | 9/3/30 | 11,845 | 10,448 | |
1,7 | Oesterreichische Kontrollbank AG | 0.500% | 2/2/26 | 4,777 | 4,403 | |
1 | Oriental Republic of Uruguay | 4.375% | 10/27/27 | 9,490 | 10,072 | |
1 | Oriental Republic of Uruguay | 4.375% | 1/23/31 | 18,920 | 20,570 | |
Province of Alberta | 3.300% | 3/15/28 | 10,480 | 10,762 | ||
Province of Alberta | 1.300% | 7/22/30 | 22,474 | 20,119 | ||
Province of British Columbia | 2.250% | 6/2/26 | 219 | 215 |
Coupon | Maturity Date | Face Amount ($000) | Market Value ($000) | |||
Province of British Columbia | 1.300% | 1/29/31 | 9,730 | 8,708 | ||
Province of Manitoba | 2.125% | 6/22/26 | 682 | 662 | ||
1 | Province of Manitoba | 1.500% | 10/25/28 | 6,775 | 6,272 | |
Province of New Brunswick | 3.625% | 2/24/28 | 3,425 | 3,580 | ||
Province of Ontario | 2.300% | 6/15/26 | 22,962 | 22,575 | ||
Province of Ontario | 1.050% | 5/21/27 | �� 703 | 647 | ||
Province of Ontario | 2.000% | 10/2/29 | 14,170 | 13,487 | ||
Province of Ontario | 1.125% | 10/7/30 | 10,690 | 9,416 | ||
Province of Ontario | 1.600% | 2/25/31 | 7,290 | 6,649 | ||
Province of Quebec | 2.500% | 4/20/26 | 372 | 369 | ||
Province of Quebec | 2.750% | 4/12/27 | 11,538 | 11,570 | ||
1 | Province of Quebec | 7.500% | 9/15/29 | 3,870 | 5,062 | |
Province of Quebec | 1.350% | 5/28/30 | 37,260 | 33,521 | ||
Province of Quebec | 1.900% | 4/21/31 | 4,325 | 4,054 | ||
1 | Republic of Chile | 3.240% | 2/6/28 | 20,995 | 20,992 | |
1 | Republic of Chile | 2.450% | 1/31/31 | 12,730 | 11,916 | |
Republic of Indonesia | 3.500% | 1/11/28 | 16,280 | 16,666 | ||
Republic of Indonesia | 4.100% | 4/24/28 | 13,295 | 14,067 | ||
Republic of Indonesia | 4.750% | 2/11/29 | 9,274 | 10,238 | ||
Republic of Indonesia | 3.400% | 9/18/29 | 6,100 | 6,234 | ||
Republic of Indonesia | 2.850% | 2/14/30 | 11,235 | 11,049 | ||
Republic of Indonesia | 3.850% | 10/15/30 | 5,925 | 6,233 | ||
Republic of Indonesia | 1.850% | 3/12/31 | 600 | 542 | ||
1 | Republic of Indonesia | 2.150% | 7/28/31 | 8,490 | 7,868 | |
1 | Republic of Indonesia | 3.550% | 3/31/32 | 7,400 | 7,598 | |
Republic of Italy | 2.875% | 10/17/29 | 18,300 | 17,297 | ||
Republic of Korea | 3.500% | 9/20/28 | 4,475 | 4,643 | ||
Republic of Korea | 2.500% | 6/19/29 | 4,835 | 4,797 | ||
Republic of Korea | 1.000% | 9/16/30 | 6,200 | 5,435 | ||
Republic of Korea | 1.750% | 10/15/31 | 4,875 | 4,503 | ||
Republic of Panama | 8.875% | 9/30/27 | 10,497 | 13,403 | ||
1 | Republic of Panama | 3.875% | 3/17/28 | 9,383 | 9,592 | |
Republic of Panama | 9.375% | 4/1/29 | 5,885 | 7,976 | ||
1 | Republic of Panama | 3.160% | 1/23/30 | 14,450 | 14,143 | |
Republic of Peru | 4.125% | 8/25/27 | 7,210 | 7,495 | ||
1 | Republic of Peru | 2.783% | 1/23/31 | 34,615 | 32,676 | |
Republic of Poland | 3.250% | 4/6/26 | 1,197 | 1,219 | ||
Republic of the Philippines | 3.000% | 2/1/28 | 19,460 | 19,530 | ||
Republic of the Philippines | 3.750% | 1/14/29 | 11,600 | 12,071 | ||
Republic of the Philippines | 9.500% | 2/2/30 | 15,117 | 21,438 | ||
Republic of the Philippines | 2.457% | 5/5/30 | 14,875 | 14,150 | ||
Republic of the Philippines | 7.750% | 1/14/31 | 12,119 | 15,903 | ||
Republic of the Philippines | 1.648% | 6/10/31 | 1,250 | 1,112 | ||
Republic of the Philippines | 1.950% | 1/6/32 | 6,275 | 5,688 | ||
Republic of the Philippines | 6.375% | 1/15/32 | 8,210 | 10,054 | ||
State of Israel | 3.250% | 1/17/28 | 7,215 | 7,422 | ||
State of Israel | 2.500% | 1/15/30 | 9,755 | 9,518 | ||
State of Israel | 2.750% | 7/3/30 | 18,790 | 18,603 | ||
United Mexican States | 3.750% | 1/11/28 | 20,005 | 20,375 | ||
United Mexican States | 4.500% | 4/22/29 | 30,330 | 32,016 | ||
1 | United Mexican States | 3.250% | 4/16/30 | 29,819 | 28,743 | |
1 | United Mexican States | 2.659% | 5/24/31 | 26,033 | 23,695 | |
1 | United Mexican States | 8.300% | 8/15/31 | 3,900 | 5,349 | |
Total Sovereign Bonds (Cost $1,653,437) | 1,554,496 | |||||
Taxable Municipal Bonds (0.4%) | ||||||
Alabama Economic Settlement Authority BP Settlement Revenue | 3.163% | 9/15/25 | 1,240 | 1,244 |
Coupon | Maturity Date | Face Amount ($000) | Market Value ($000) | |||
Bay Area Toll Authority California Toll Bridge Revenue (San Francisco Bay Area) | 2.574% | 4/1/31 | 1,025 | 971 | ||
California GO | 1.700% | 2/1/28 | 3,400 | 3,165 | ||
California GO | 3.500% | 4/1/28 | 3,600 | 3,698 | ||
California GO | 3.050% | 4/1/29 | 3,450 | 3,430 | ||
California GO | 2.500% | 10/1/29 | 2,850 | 2,731 | ||
California GO | 1.750% | 11/1/30 | 5,000 | 4,456 | ||
Energy Northwest Washington Electric Revenue (Columbia Generating Station) | 2.814% | 7/1/24 | 145 | 145 | ||
Florida State Board of Administration Finance Corp. Revenue | 1.705% | 7/1/27 | 9,600 | 8,948 | ||
Florida State Board of Administration Finance Corp. Revenue | 2.154% | 7/1/30 | 12,000 | 10,954 | ||
Jobs Ohio Beverage System Statewide Liquor Profits Revenue | 3.985% | 1/1/29 | 50 | 52 | ||
Los Angeles CA Community College District GO | 1.606% | 8/1/28 | 3,600 | 3,339 | ||
Los Angeles CA Community College District GO | 1.806% | 8/1/30 | 2,750 | 2,488 | ||
Los Angeles CA Unified School District GO | 5.755% | 7/1/29 | 2,830 | 3,216 | ||
Massachusetts GO | 4.500% | 8/1/31 | 1,000 | 1,092 | ||
Massachusetts School Building Authority Dedicated Sales Tax Revenue | 1.753% | 8/15/30 | 2,600 | 2,369 | ||
Metropolitan Government of Nashville & Davidson County TN Health & Educational Facilities Board Revenue (Vanderbilt University Medical Center) | 4.053% | 7/1/26 | 1,095 | 1,140 | ||
8 | New Jersey Economic Development Authority Revenue (State Pension Funding) | 7.425% | 2/15/29 | 16,475 | 19,361 | |
New Jersey Transportation Trust Fund Authority Transportation System Revenue | 5.754% | 12/15/28 | 2,425 | 2,672 | ||
New York City NY GO | 5.206% | 10/1/31 | 1,070 | 1,178 | ||
Oregon GO | 5.892% | 6/1/27 | 13,750 | 15,257 | ||
9 | Oregon School Boards Association GO | 5.528% | 6/30/28 | 1,500 | 1,611 | |
8 | Oregon School Boards Association GO | 5.550% | 6/30/28 | 875 | 947 | |
Port Authority of New York & New Jersey Revenue | 6.040% | 12/1/29 | 1,260 | 1,505 | ||
Texas Transportation Commission State Highway Revenue | 5.178% | 4/1/30 | 7,225 | 8,049 | ||
University of California Revenue | 1.316% | 5/15/27 | 13,500 | 12,392 | ||
University of California Revenue | 3.349% | 7/1/29 | 100 | 101 | ||
University of California Revenue | 1.614% | 5/15/30 | 7,125 | 6,286 | ||
University of California Revenue | 4.601% | 5/15/31 | 203 | 217 | ||
Utah GO | 3.539% | 7/1/25 | 748 | 759 | ||
9 | Wisconsin General Fund Annual Appropriation Revenue | 5.700% | 5/1/26 | 2,480 | 2,658 | |
Wisconsin General Fund Annual Appropriation Revenue | 3.154% | 5/1/27 | 3,300 | 3,328 | ||
Total Taxable Municipal Bonds (Cost $137,379) | 129,759 |
Coupon | Shares | Market Value ($000) | ||||
Temporary Cash Investments (0.6%) | ||||||
Money Market Fund (0.6%) | ||||||
10 | Vanguard Market Liquidity Fund (Cost $203,743) | 0.312% | 2,037,649 | 203,745 | ||
Total Investments (100.0%) (Cost $37,394,569) | 35,167,669 | |||||
Other Assets and Liabilities—Net (0.0%) | (4,308) | |||||
Net Assets (100%) | 35,163,361 |
Cost is in $000. |
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 | 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. |
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 March 31, 2022, the aggregate value was $391,032,000, representing 1.1% of net assets. |
4 | Includes securities purchased on a when-issued or delayed-delivery basis for which the fund has not taken delivery as of March 31, 2022. |
5 | Guaranteed by the Government of Japan. |
6 | Guaranteed by the Federal Republic of Germany. |
7 | Guaranteed by the Republic of Austria. |
8 | Scheduled principal and interest payments are guaranteed by National Public Finance Guarantee Corp. |
9 | Scheduled principal and interest payments are guaranteed by Assured Guaranty Municipal Corp. |
10 | Affiliated money market fund available only to Vanguard funds and certain trusts and accounts managed by Vanguard. Rate shown is the 7-day yield. |
GO—General Obligation Bond. |
A. 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. 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 by methods deemed by the board of trustees to represent fair value.
B. 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 as of March 31, 2022, based on the inputs used to value them:
Level 1 ($000) | Level 2 ($000) | Level 3 ($000) | Total ($000) | |
Investments | ||||
Assets | ||||
U.S. Government and Agency Obligations | — | 19,578,734 | — | 19,578,734 |
Corporate Bonds | — | 13,700,935 | — | 13,700,935 |
Sovereign Bonds | — | 1,554,496 | — | 1,554,496 |
Taxable Municipal Bonds | — | 129,759 | — | 129,759 |
Temporary Cash Investments | 203,745 | — | — | 203,745 |
Total | 203,745 | 34,963,924 | — | 35,167,669 |