Vanguard® Intermediate-Term Bond Index Fund
Schedule of Investments (unaudited)
As of March 31, 2023
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 (57.1%) | ||||||
U.S. Government Securities (56.1%) | ||||||
United States Treasury Note/Bond | 4.000% | 2/29/28 | 108,775 | 110,747 | ||
United States Treasury Note/Bond | 1.250% | 3/31/28 | 128,925 | 115,005 | ||
United States Treasury Note/Bond | 1.250% | 4/30/28 | 456,439 | 406,373 | ||
United States Treasury Note/Bond | 2.875% | 5/15/28 | 548,053 | 528,614 | ||
United States Treasury Note/Bond | 1.250% | 5/31/28 | 450,790 | 400,780 | ||
United States Treasury Note/Bond | 1.250% | 6/30/28 | 350,940 | 311,459 | ||
United States Treasury Note/Bond | 1.000% | 7/31/28 | 348,443 | 304,561 | ||
United States Treasury Note/Bond | 2.875% | 8/15/28 | 533,330 | 513,663 | ||
United States Treasury Note/Bond | 5.500% | 8/15/28 | 6,925 | 7,524 | ||
United States Treasury Note/Bond | 1.125% | 8/31/28 | 447,720 | 393,084 | ||
United States Treasury Note/Bond | 1.250% | 9/30/28 | 324,565 | 286,378 | ||
United States Treasury Note/Bond | 1.375% | 10/31/28 | 304,720 | 270,344 | ||
1 | United States Treasury Note/Bond | 3.125% | 11/15/28 | 499,413 | 486,772 | |
United States Treasury Note/Bond | 5.250% | 11/15/28 | 10,000 | 10,805 | ||
United States Treasury Note/Bond | 1.500% | 11/30/28 | 349,113 | 311,365 | ||
United States Treasury Note/Bond | 1.375% | 12/31/28 | 337,070 | 298,518 | ||
United States Treasury Note/Bond | 1.750% | 1/31/29 | 300,920 | 271,627 | ||
United States Treasury Note/Bond | 2.625% | 2/15/29 | 489,581 | 464,108 | ||
United States Treasury Note/Bond | 5.250% | 2/15/29 | 15,235 | 16,449 | ||
United States Treasury Note/Bond | 1.875% | 2/28/29 | 382,005 | 347,028 | ||
United States Treasury Note/Bond | 2.375% | 3/31/29 | 308,655 | 288,110 | ||
United States Treasury Note/Bond | 2.875% | 4/30/29 | 159,635 | 153,250 | ||
United States Treasury Note/Bond | 2.375% | 5/15/29 | 412,036 | 384,353 | ||
United States Treasury Note/Bond | 2.750% | 5/31/29 | 262,595 | 250,286 | ||
United States Treasury Note/Bond | 3.250% | 6/30/29 | 342,980 | 336,228 | ||
United States Treasury Note/Bond | 2.625% | 7/31/29 | 302,007 | 285,632 | ||
United States Treasury Note/Bond | 1.625% | 8/15/29 | 430,844 | 384,259 | ||
United States Treasury Note/Bond | 6.125% | 8/15/29 | 14,100 | 16,078 | ||
United States Treasury Note/Bond | 3.125% | 8/31/29 | 293,420 | 285,672 | ||
United States Treasury Note/Bond | 3.875% | 9/30/29 | 313,390 | 318,581 | ||
United States Treasury Note/Bond | 4.000% | 10/31/29 | 275,765 | 282,444 | ||
United States Treasury Note/Bond | 1.750% | 11/15/29 | 344,109 | 308,999 | ||
United States Treasury Note/Bond | 3.875% | 11/30/29 | 461,147 | 469,073 | ||
United States Treasury Note/Bond | 3.875% | 12/31/29 | 225,865 | 229,959 | ||
United States Treasury Note/Bond | 3.500% | 1/31/30 | 233,085 | 232,138 | ||
United States Treasury Note/Bond | 1.500% | 2/15/30 | 299,626 | 262,687 | ||
United States Treasury Note/Bond | 4.000% | 2/28/30 | 389,880 | 400,236 | ||
United States Treasury Note/Bond | 3.625% | 3/31/30 | 295,600 | 296,986 | ||
United States Treasury Note/Bond | 0.625% | 5/15/30 | 675,051 | 552,593 | ||
United States Treasury Note/Bond | 6.250% | 5/15/30 | 51,675 | 60,298 | ||
United States Treasury Note/Bond | 0.625% | 8/15/30 | 912,312 | 743,392 | ||
United States Treasury Note/Bond | 0.875% | 11/15/30 | 851,397 | 704,664 | ||
United States Treasury Note/Bond | 1.125% | 2/15/31 | 655,676 | 551,997 |
Coupon | Maturity Date | Face Amount ($000) | Market Value ($000) | |||
United States Treasury Note/Bond | 5.375% | 2/15/31 | 56,996 | 63,978 | ||
United States Treasury Note/Bond | 1.625% | 5/15/31 | 793,018 | 689,182 | ||
United States Treasury Note/Bond | 1.250% | 8/15/31 | 909,820 | 763,112 | ||
�� | United States Treasury Note/Bond | 1.375% | 11/15/31 | 923,923 | 779,704 | |
United States Treasury Note/Bond | 1.875% | 2/15/32 | 818,569 | 718,294 | ||
United States Treasury Note/Bond | 2.875% | 5/15/32 | 788,963 | 750,747 | ||
United States Treasury Note/Bond | 2.750% | 8/15/32 | 773,188 | 727,521 | ||
United States Treasury Note/Bond | 4.125% | 11/15/32 | 730,096 | 767,286 | ||
United States Treasury Note/Bond | 3.500% | 2/15/33 | 733,350 | 734,496 | ||
19,647,439 | ||||||
Agency Bonds and Notes (1.0%) | ||||||
Federal Home Loan Banks | 3.250% | 6/9/28 | 24,100 | 23,427 | ||
Federal Home Loan Banks | 3.250% | 11/16/28 | 44,475 | 43,315 | ||
2,3 | Federal Home Loan Mortgage Corp. | 6.750% | 9/15/29 | 8,235 | 9,607 | |
3 | Federal Home Loan Mortgage Corp. | 6.750% | 3/15/31 | 19,514 | 23,341 | |
3 | Federal Home Loan Mortgage Corp. | 6.250% | 7/15/32 | 25,657 | 30,356 | |
3 | Federal National Mortgage Assn. | 6.250% | 5/15/29 | 35,504 | 40,089 | |
3 | Federal National Mortgage Assn. | 7.125% | 1/15/30 | 28,000 | 33,499 | |
3 | Federal National Mortgage Assn. | 7.250% | 5/15/30 | 49,125 | 59,499 | |
3 | Federal National Mortgage Assn. | 0.875% | 8/5/30 | 60,170 | 48,919 | |
3 | Federal National Mortgage Assn. | 6.625% | 11/15/30 | 35,114 | 41,515 | |
2 | Private Export Funding Corp. | 1.400% | 7/15/28 | 7,425 | 6,480 | |
Tennessee Valley Authority | 7.125% | 5/1/30 | 3,970 | 4,718 | ||
Tennessee Valley Authority | 1.500% | 9/15/31 | 4,100 | 3,342 | ||
368,107 | ||||||
Total U.S. Government and Agency Obligations (Cost $21,561,782) | 20,015,546 | |||||
Corporate Bonds (37.5%) | ||||||
Communications (2.9%) | ||||||
Activision Blizzard Inc. | 1.350% | 9/15/30 | 7,626 | 6,178 | ||
Alphabet Inc. | 1.100% | 8/15/30 | 12,198 | 9,973 | ||
America Movil SAB de CV | 3.625% | 4/22/29 | 8,028 | 7,503 | ||
America Movil SAB de CV | 2.875% | 5/7/30 | 4,178 | 3,688 | ||
America Movil SAB de CV | 4.700% | 7/21/32 | 9,850 | 9,718 | ||
2 | AT&T Inc. | 4.100% | 2/15/28 | 3,011 | 2,940 | |
AT&T Inc. | 4.350% | 3/1/29 | 27,062 | 26,500 | ||
2 | AT&T Inc. | 4.300% | 2/15/30 | 20,984 | 20,404 | |
AT&T Inc. | 2.750% | 6/1/31 | 18,240 | 15,701 | ||
AT&T Inc. | 2.250% | 2/1/32 | 20,260 | 16,546 | ||
Baidu Inc. | 4.375% | 3/29/28 | 3,890 | 3,790 | ||
Baidu Inc. | 4.875% | 11/14/28 | 3,413 | 3,394 | ||
Baidu Inc. | 3.425% | 4/7/30 | 4,665 | 4,231 | ||
Baidu Inc. | 2.375% | 8/23/31 | 6,200 | 5,106 | ||
Booking Holdings Inc. | 3.550% | 3/15/28 | 5,293 | 5,084 | ||
Booking Holdings Inc. | 4.625% | 4/13/30 | 13,320 | 13,304 | ||
British Telecommunications plc | 5.125% | 12/4/28 | 2,967 | 2,994 | ||
British Telecommunications plc | 9.625% | 12/15/30 | 19,395 | 24,267 | ||
Charter Communications Operating LLC | 2.250% | 1/15/29 | 9,348 | 7,796 | ||
Charter Communications Operating LLC | 5.050% | 3/30/29 | 9,871 | 9,534 | ||
Charter Communications Operating LLC | 2.800% | 4/1/31 | 12,501 | 10,060 | ||
Charter Communications Operating LLC | 2.300% | 2/1/32 | 7,604 | 5,783 | ||
Comcast Corp. | 4.150% | 10/15/28 | 35,428 | 35,050 | ||
Comcast Corp. | 2.650% | 2/1/30 | 15,715 | 13,995 | ||
Comcast Corp. | 3.400% | 4/1/30 | 12,332 | 11,530 | ||
Comcast Corp. | 4.250% | 10/15/30 | 7,054 | 6,911 | ||
Comcast Corp. | 1.950% | 1/15/31 | 12,986 | 10,796 | ||
Comcast Corp. | 1.500% | 2/15/31 | 13,926 | 11,169 | ||
Comcast Corp. | 5.500% | 11/15/32 | 5,810 | 6,195 | ||
Comcast Corp. | 4.250% | 1/15/33 | 9,297 | 9,061 |
Coupon | Maturity Date | Face Amount ($000) | Market Value ($000) | |||
Comcast Corp. | 4.650% | 2/15/33 | 21,613 | 21,720 | ||
Deutsche Telekom International Finance BV | 8.750% | 6/15/30 | 31,171 | 38,091 | ||
Discovery Communications LLC | 4.125% | 5/15/29 | 5,627 | 5,232 | ||
Discovery Communications LLC | 3.625% | 5/15/30 | 6,393 | 5,678 | ||
Electronic Arts Inc. | 1.850% | 2/15/31 | 5,116 | 4,210 | ||
Expedia Group Inc. | 4.625% | 8/1/27 | 1,809 | 1,779 | ||
Expedia Group Inc. | 3.250% | 2/15/30 | 9,426 | 8,178 | ||
Expedia Group Inc. | 2.950% | 3/15/31 | 4,829 | 4,024 | ||
FactSet Research Systems Inc. | 3.450% | 3/1/32 | 4,263 | 3,726 | ||
Fox Corp. | 4.709% | 1/25/29 | 15,154 | 15,020 | ||
Fox Corp. | 3.500% | 4/8/30 | 5,163 | 4,709 | ||
Grupo Televisa SAB | 8.500% | 3/11/32 | 2,480 | 2,983 | ||
Interpublic Group of Cos. Inc. | 4.650% | 10/1/28 | 3,834 | 3,754 | ||
Interpublic Group of Cos. Inc. | 4.750% | 3/30/30 | 5,509 | 5,413 | ||
Interpublic Group of Cos. Inc. | 2.400% | 3/1/31 | 4,215 | 3,495 | ||
Koninklijke KPN NV | 8.375% | 10/1/30 | 4,825 | 5,754 | ||
Meta Platforms Inc. | 3.850% | 8/15/32 | 17,660 | 16,540 | ||
Netflix Inc. | 4.875% | 4/15/28 | 4,111 | 4,132 | ||
Netflix Inc. | 5.875% | 11/15/28 | 2,801 | 2,950 | ||
4 | Netflix Inc. | 5.375% | 11/15/29 | 5,134 | 5,221 | |
Omnicom Group Inc. | 2.450% | 4/30/30 | 4,676 | 4,001 | ||
Omnicom Group Inc. | 4.200% | 6/1/30 | 4,010 | 3,855 | ||
Omnicom Group Inc. | 2.600% | 8/1/31 | 5,767 | 4,905 | ||
Orange SA | 9.000% | 3/1/31 | 18,515 | 23,278 | ||
Paramount Global | 3.700% | 6/1/28 | 6,335 | 5,746 | ||
Paramount Global | 4.200% | 6/1/29 | 5,097 | 4,681 | ||
Paramount Global | 7.875% | 7/30/30 | 3,388 | 3,739 | ||
Paramount Global | 4.950% | 1/15/31 | 15,098 | 13,920 | ||
Paramount Global | 4.200% | 5/19/32 | 3,000 | 2,577 | ||
4 | Rogers Communications Inc. | 3.800% | 3/15/32 | 15,350 | 13,774 | |
Take-Two Interactive Software Inc. | 4.000% | 4/14/32 | 3,432 | 3,157 | ||
TCI Communications Inc. | 7.125% | 2/15/28 | 1,916 | 2,137 | ||
Telefonica Europe BV | 8.250% | 9/15/30 | 9,905 | 11,573 | ||
TELUS Corp. | 3.400% | 5/13/32 | 3,015 | 2,646 | ||
Tencent Music Entertainment Group | 2.000% | 9/3/30 | 3,795 | 3,012 | ||
T-Mobile USA Inc. | 4.950% | 3/15/28 | 2,723 | 2,749 | ||
T-Mobile USA Inc. | 2.625% | 2/15/29 | 6,570 | 5,795 | ||
T-Mobile USA Inc. | 2.400% | 3/15/29 | 2,470 | 2,153 | ||
T-Mobile USA Inc. | 3.375% | 4/15/29 | 19,277 | 17,574 | ||
T-Mobile USA Inc. | 3.875% | 4/15/30 | 55,679 | 52,221 | ||
T-Mobile USA Inc. | 2.550% | 2/15/31 | 30,545 | 25,875 | ||
T-Mobile USA Inc. | 2.875% | 2/15/31 | 4,555 | 3,928 | ||
T-Mobile USA Inc. | 3.500% | 4/15/31 | 23,692 | 21,306 | ||
T-Mobile USA Inc. | 2.700% | 3/15/32 | 7,830 | 6,594 | ||
T-Mobile USA Inc. | 5.200% | 1/15/33 | 8,400 | 8,549 | ||
2 | TWDC Enterprises 18 Corp. | 7.000% | 3/1/32 | 2,447 | 2,852 | |
VeriSign Inc. | 2.700% | 6/15/31 | 6,375 | 5,422 | ||
Verizon Communications Inc. | 4.329% | 9/21/28 | 31,164 | 30,765 | ||
Verizon Communications Inc. | 3.875% | 2/8/29 | 5,036 | 4,864 | ||
Verizon Communications Inc. | 4.016% | 12/3/29 | 32,967 | 31,576 | ||
Verizon Communications Inc. | 3.150% | 3/22/30 | 16,855 | 15,355 | ||
Verizon Communications Inc. | 1.500% | 9/18/30 | 4,005 | 3,234 | ||
Verizon Communications Inc. | 1.680% | 10/30/30 | 8,850 | 7,144 | ||
Verizon Communications Inc. | 1.750% | 1/20/31 | 17,508 | 14,098 | ||
Verizon Communications Inc. | 2.550% | 3/21/31 | 40,634 | 34,618 | ||
Verizon Communications Inc. | 2.355% | 3/15/32 | 46,918 | 38,494 | ||
Vodafone Group plc | 7.875% | 2/15/30 | 5,880 | 6,867 | ||
Vodafone Group plc | 6.250% | 11/30/32 | 4,000 | 4,345 | ||
Walt Disney Co. | 2.000% | 9/1/29 | 16,908 | 14,666 | ||
Walt Disney Co. | 3.800% | 3/22/30 | 9,355 | 9,019 |
Coupon | Maturity Date | Face Amount ($000) | Market Value ($000) | |||
Walt Disney Co. | 2.650% | 1/13/31 | 22,745 | 20,073 | ||
Walt Disney Co. | 6.550% | 3/15/33 | 1,887 | 2,180 | ||
4 | Warnermedia Holdings Inc. | 4.054% | 3/15/29 | 12,780 | 11,884 | |
4 | Warnermedia Holdings Inc. | 4.279% | 3/15/32 | 41,295 | 36,847 | |
Weibo Corp. | 3.375% | 7/8/30 | 5,810 | 4,740 | ||
1,030,598 | ||||||
Consumer Discretionary (2.2%) | ||||||
Advance Auto Parts Inc. | 3.900% | 4/15/30 | 8,154 | 7,419 | ||
Alibaba Group Holding Ltd. | 2.125% | 2/9/31 | 11,439 | 9,469 | ||
Amazon.com Inc. | 1.650% | 5/12/28 | 11,861 | 10,502 | ||
Amazon.com Inc. | 3.450% | 4/13/29 | 4,620 | 4,447 | ||
Amazon.com Inc. | 4.650% | 12/1/29 | 5,615 | 5,737 | ||
Amazon.com Inc. | 1.500% | 6/3/30 | 16,876 | 14,039 | ||
Amazon.com Inc. | 2.100% | 5/12/31 | 30,362 | 25,946 | ||
Amazon.com Inc. | 3.600% | 4/13/32 | 14,997 | 14,221 | ||
Amazon.com Inc. | 4.700% | 12/1/32 | 25,555 | 26,202 | ||
2 | American Honda Finance Corp. | 2.000% | 3/24/28 | 7,758 | 6,900 | |
2 | American Honda Finance Corp. | 2.250% | 1/12/29 | 2,674 | 2,362 | |
2 | American Honda Finance Corp. | 1.800% | 1/13/31 | 5,210 | 4,295 | |
Aptiv plc | 4.350% | 3/15/29 | 1,950 | 1,882 | ||
Aptiv plc | 3.250% | 3/1/32 | 3,360 | 2,929 | ||
AutoNation Inc. | 4.750% | 6/1/30 | 3,190 | 3,006 | ||
AutoNation Inc. | 2.400% | 8/1/31 | 3,071 | 2,359 | ||
AutoNation Inc. | 3.850% | 3/1/32 | 8,590 | 7,320 | ||
AutoZone Inc. | 3.750% | 4/18/29 | 5,669 | 5,331 | ||
AutoZone Inc. | 4.000% | 4/15/30 | 7,101 | 6,750 | ||
AutoZone Inc. | 1.650% | 1/15/31 | 4,235 | 3,370 | ||
AutoZone Inc. | 4.750% | 8/1/32 | 5,450 | 5,381 | ||
AutoZone Inc. | 4.750% | 2/1/33 | 5,060 | 4,999 | ||
Best Buy Co. Inc. | 4.450% | 10/1/28 | 5,290 | 5,228 | ||
Best Buy Co. Inc. | 1.950% | 10/1/30 | 2,553 | 2,081 | ||
Brunswick Corp. | 2.400% | 8/18/31 | 3,403 | 2,579 | ||
Brunswick Corp. | 4.400% | 9/15/32 | 4,000 | 3,493 | ||
Choice Hotels International Inc. | 3.700% | 12/1/29 | 498 | 448 | ||
Dick's Sporting Goods Inc. | 3.150% | 1/15/32 | 4,655 | 3,825 | ||
eBay Inc. | 2.700% | 3/11/30 | 5,568 | 4,877 | ||
eBay Inc. | 2.600% | 5/10/31 | 3,845 | 3,276 | ||
eBay Inc. | 6.300% | 11/22/32 | 6,135 | 6,662 | ||
2 | Emory University | 2.143% | 9/1/30 | 3,813 | 3,255 | |
Fortune Brands Innovations Inc. | 3.250% | 9/15/29 | 5,293 | 4,697 | ||
Fortune Brands Innovations Inc. | 4.000% | 3/25/32 | 3,650 | 3,283 | ||
General Motors Co. | 5.000% | 10/1/28 | 5,336 | 5,257 | ||
General Motors Co. | 5.400% | 10/15/29 | 5,195 | 5,153 | ||
General Motors Co. | 5.600% | 10/15/32 | 12,560 | 12,268 | ||
General Motors Financial Co. Inc. | 2.400% | 10/15/28 | 4,963 | 4,252 | ||
General Motors Financial Co. Inc. | 5.650% | 1/17/29 | 3,815 | 3,863 | ||
General Motors Financial Co. Inc. | 4.300% | 4/6/29 | 9,882 | 9,207 | ||
General Motors Financial Co. Inc. | 3.600% | 6/21/30 | 6,353 | 5,558 | ||
General Motors Financial Co. Inc. | 2.350% | 1/8/31 | 5,047 | 3,987 | ||
General Motors Financial Co. Inc. | 2.700% | 6/10/31 | 8,680 | 6,960 | ||
General Motors Financial Co. Inc. | 3.100% | 1/12/32 | 16,610 | 13,538 | ||
General Motors Financial Co. Inc. | 6.400% | 1/9/33 | 5,025 | 5,176 | ||
Genuine Parts Co. | 1.875% | 11/1/30 | 4,512 | 3,591 | ||
Hasbro Inc. | 3.900% | 11/19/29 | 10,481 | 9,545 | ||
Home Depot Inc. | 0.900% | 3/15/28 | 3,638 | 3,103 | ||
Home Depot Inc. | 1.500% | 9/15/28 | 6,244 | 5,444 | ||
Home Depot Inc. | 3.900% | 12/6/28 | 6,742 | 6,641 | ||
Home Depot Inc. | 2.950% | 6/15/29 | 11,063 | 10,231 | ||
Home Depot Inc. | 2.700% | 4/15/30 | 17,215 | 15,555 |
Coupon | Maturity Date | Face Amount ($000) | Market Value ($000) | |||
Home Depot Inc. | 1.375% | 3/15/31 | 11,877 | 9,509 | ||
Home Depot Inc. | 1.875% | 9/15/31 | 9,215 | 7,624 | ||
Home Depot Inc. | 3.250% | 4/15/32 | 10,255 | 9,362 | ||
Home Depot Inc. | 4.500% | 9/15/32 | 10,550 | 10,619 | ||
Honda Motor Co. Ltd. | 2.967% | 3/10/32 | 10,250 | 9,209 | ||
Hyatt Hotels Corp. | 4.375% | 9/15/28 | 5,405 | 5,183 | ||
Hyatt Hotels Corp. | 6.000% | 4/23/30 | 3,950 | 4,009 | ||
JD.com Inc. | 3.375% | 1/14/30 | 5,625 | 5,100 | ||
2 | Johns Hopkins University | 4.705% | 7/1/32 | 2,918 | 2,962 | |
Lear Corp. | 3.800% | 9/15/27 | 2,717 | 2,579 | ||
Lear Corp. | 4.250% | 5/15/29 | 3,000 | 2,840 | ||
Lear Corp. | 3.500% | 5/30/30 | 3,935 | 3,471 | ||
Leggett & Platt Inc. | 4.400% | 3/15/29 | 5,002 | 4,848 | ||
Lowe's Cos. Inc. | 1.300% | 4/15/28 | 8,705 | 7,479 | ||
Lowe's Cos. Inc. | 1.700% | 9/15/28 | 5,730 | 4,960 | ||
Lowe's Cos. Inc. | 3.650% | 4/5/29 | 15,107 | 14,287 | ||
Lowe's Cos. Inc. | 4.500% | 4/15/30 | 3,925 | 3,876 | ||
Lowe's Cos. Inc. | 1.700% | 10/15/30 | 7,468 | 6,049 | ||
Lowe's Cos. Inc. | 2.625% | 4/1/31 | 14,539 | 12,413 | ||
Lowe's Cos. Inc. | 3.750% | 4/1/32 | 17,170 | 15,756 | ||
Lowe's Cos. Inc. | 5.150% | 7/1/33 | 6,000 | 6,057 | ||
2 | Marriott International Inc. | 4.000% | 4/15/28 | 5,974 | 5,770 | |
Marriott International Inc. | 4.900% | 4/15/29 | 6,500 | 6,440 | ||
2 | Marriott International Inc. | 4.625% | 6/15/30 | 7,874 | 7,640 | |
2 | Marriott International Inc. | 2.850% | 4/15/31 | 9,901 | 8,437 | |
2 | Marriott International Inc. | 3.500% | 10/15/32 | 5,000 | 4,382 | |
2 | Marriott International Inc. | 2.750% | 10/15/33 | 1,000 | 809 | |
Masco Corp. | 2.000% | 10/1/30 | 2,849 | 2,267 | ||
Masco Corp. | 2.000% | 2/15/31 | 4,315 | 3,450 | ||
2 | McDonald's Corp. | 3.800% | 4/1/28 | 7,368 | 7,234 | |
2 | McDonald's Corp. | 2.625% | 9/1/29 | 8,856 | 8,041 | |
2 | McDonald's Corp. | 2.125% | 3/1/30 | 5,953 | 5,147 | |
2 | McDonald's Corp. | 3.600% | 7/1/30 | 8,028 | 7,618 | |
2 | McDonald's Corp. | 4.600% | 9/9/32 | 5,130 | 5,190 | |
MDC Holdings Inc. | 3.850% | 1/15/30 | 430 | 370 | ||
MDC Holdings Inc. | 2.500% | 1/15/31 | 4,825 | 3,766 | ||
4 | Mercedes-Benz Finance North America LLC | 3.100% | 8/15/29 | 12,500 | 11,407 | |
Mercedes-Benz Finance North America LLC | 8.500% | 1/18/31 | 3,975 | 5,041 | ||
4 | Mercedes-Benz Finance North America LLC | 2.450% | 3/2/31 | 3,000 | 2,564 | |
Mohawk Industries Inc. | 3.625% | 5/15/30 | 4,475 | 4,042 | ||
NIKE Inc. | 2.850% | 3/27/30 | 10,942 | 10,061 | ||
NVR Inc. | 3.000% | 5/15/30 | 3,969 | 3,495 | ||
O'Reilly Automotive Inc. | 4.350% | 6/1/28 | 1,312 | 1,299 | ||
O'Reilly Automotive Inc. | 3.900% | 6/1/29 | 3,753 | 3,588 | ||
O'Reilly Automotive Inc. | 4.200% | 4/1/30 | 8,360 | 8,042 | ||
O'Reilly Automotive Inc. | 4.700% | 6/15/32 | 5,440 | 5,363 | ||
Owens Corning | 3.950% | 8/15/29 | 4,175 | 3,935 | ||
Owens Corning | 3.875% | 6/1/30 | 2,219 | 2,051 | ||
PulteGroup Inc. | 6.375% | 5/15/33 | 3,500 | 3,694 | ||
Ralph Lauren Corp. | 2.950% | 6/15/30 | 6,875 | 6,188 | ||
Ross Stores Inc. | 1.875% | 4/15/31 | 3,150 | 2,540 | ||
Stanley Black & Decker Inc. | 4.250% | 11/15/28 | 5,909 | 5,709 | ||
Stanley Black & Decker Inc. | 2.300% | 3/15/30 | 4,858 | 4,033 | ||
Stanley Black & Decker Inc. | 3.000% | 5/15/32 | 2,325 | 1,949 | ||
Starbucks Corp. | 3.500% | 3/1/28 | 6,378 | 6,133 | ||
Starbucks Corp. | 4.000% | 11/15/28 | 5,015 | 4,899 | ||
Starbucks Corp. | 2.250% | 3/12/30 | 9,010 | 7,754 | ||
Starbucks Corp. | 2.550% | 11/15/30 | 9,264 | 8,050 | ||
Starbucks Corp. | 3.000% | 2/14/32 | 5,484 | 4,862 | ||
Tapestry Inc. | 3.050% | 3/15/32 | 3,325 | 2,697 |
Coupon | Maturity Date | Face Amount ($000) | Market Value ($000) | |||
TJX Cos. Inc. | 1.150% | 5/15/28 | 5,326 | 4,620 | ||
TJX Cos. Inc. | 3.875% | 4/15/30 | 6,060 | 5,826 | ||
Toll Brothers Finance Corp. | 3.800% | 11/1/29 | 3,455 | 3,107 | ||
Toyota Motor Corp. | 3.669% | 7/20/28 | 1,828 | 1,779 | ||
Toyota Motor Corp. | 2.760% | 7/2/29 | 4,770 | 4,346 | ||
2 | Toyota Motor Credit Corp. | 1.900% | 4/6/28 | 3,521 | 3,134 | |
Toyota Motor Credit Corp. | 3.650% | 1/8/29 | 3,950 | 3,805 | ||
2 | Toyota Motor Credit Corp. | 4.450% | 6/29/29 | 5,369 | 5,417 | |
2 | Toyota Motor Credit Corp. | 2.150% | 2/13/30 | 7,619 | 6,695 | |
2 | Toyota Motor Credit Corp. | 3.375% | 4/1/30 | 10,407 | 9,798 | |
2 | Toyota Motor Credit Corp. | 1.650% | 1/10/31 | 3,700 | 3,030 | |
Toyota Motor Credit Corp. | 1.900% | 9/12/31 | 5,005 | 4,124 | ||
2 | Toyota Motor Credit Corp. | 2.400% | 1/13/32 | 4,020 | 3,413 | |
Toyota Motor Credit Corp. | 4.700% | 1/12/33 | 3,325 | 3,374 | ||
Tractor Supply Co. | 1.750% | 11/1/30 | 4,940 | 3,922 | ||
VF Corp. | 2.950% | 4/23/30 | 5,190 | 4,369 | ||
Whirlpool Corp. | 4.750% | 2/26/29 | 8,243 | 8,164 | ||
Whirlpool Corp. | 2.400% | 5/15/31 | 1,338 | 1,093 | ||
Whirlpool Corp. | 4.700% | 5/14/32 | 2,292 | 2,193 | ||
Whirlpool Corp. | 5.500% | 3/1/33 | 3,000 | 3,019 | ||
2 | Yale University | 1.482% | 4/15/30 | 7,045 | 5,897 | |
783,173 | ||||||
Consumer Staples (2.7%) | ||||||
Ahold Finance USA LLC | 6.875% | 5/1/29 | 4,550 | 4,938 | ||
Altria Group Inc. | 4.800% | 2/14/29 | 4,196 | 4,167 | ||
Altria Group Inc. | 3.400% | 5/6/30 | 8,358 | 7,439 | ||
Altria Group Inc. | 2.450% | 2/4/32 | 13,598 | 10,704 | ||
Anheuser-Busch InBev Worldwide Inc. | 4.000% | 4/13/28 | 14,522 | 14,315 | ||
Anheuser-Busch InBev Worldwide Inc. | 4.750% | 1/23/29 | 26,404 | 26,971 | ||
Anheuser-Busch InBev Worldwide Inc. | 3.500% | 6/1/30 | 23,563 | 22,226 | ||
Anheuser-Busch InBev Worldwide Inc. | 4.900% | 1/23/31 | 4,039 | 4,180 | ||
Archer-Daniels-Midland Co. | 3.250% | 3/27/30 | 5,642 | 5,255 | ||
Archer-Daniels-Midland Co. | 2.900% | 3/1/32 | 4,160 | 3,694 | ||
Avery Dennison Corp. | 4.875% | 12/6/28 | 5,481 | 5,449 | ||
Avery Dennison Corp. | 2.650% | 4/30/30 | 5,814 | 4,964 | ||
Avery Dennison Corp. | 5.750% | 3/15/33 | 6,000 | 6,239 | ||
BAT Capital Corp. | 3.462% | 9/6/29 | 4,704 | 4,149 | ||
BAT Capital Corp. | 4.906% | 4/2/30 | 4,721 | 4,554 | ||
BAT Capital Corp. | 2.726% | 3/25/31 | 12,955 | 10,510 | ||
BAT Capital Corp. | 4.742% | 3/16/32 | 7,370 | 6,850 | ||
BAT Capital Corp. | 7.750% | 10/19/32 | 3,805 | 4,220 | ||
Brown-Forman Corp. | 4.750% | 4/15/33 | 1,500 | 1,518 | ||
Bunge Ltd. Finance Corp. | 2.750% | 5/14/31 | 7,268 | 6,179 | ||
Campbell Soup Co. | 4.150% | 3/15/28 | 3,320 | 3,252 | ||
Campbell Soup Co. | 2.375% | 4/24/30 | 7,210 | 6,179 | ||
Church & Dwight Co. Inc. | 5.600% | 11/15/32 | 8,200 | 8,796 | ||
Clorox Co. | 3.900% | 5/15/28 | 200 | 195 | ||
Clorox Co. | 4.400% | 5/1/29 | 2,688 | 2,657 | ||
Clorox Co. | 1.800% | 5/15/30 | 6,010 | 4,972 | ||
Clorox Co. | 4.600% | 5/1/32 | 5,070 | 5,036 | ||
Coca-Cola Co. | 1.000% | 3/15/28 | 11,718 | 10,165 | ||
Coca-Cola Co. | 2.125% | 9/6/29 | 4,407 | 3,957 | ||
Coca-Cola Co. | 3.450% | 3/25/30 | 10,681 | 10,253 | ||
Coca-Cola Co. | 1.650% | 6/1/30 | 14,474 | 12,249 | ||
Coca-Cola Co. | 2.000% | 3/5/31 | 3,125 | 2,673 | ||
Coca-Cola Co. | 1.375% | 3/15/31 | 22,589 | 18,424 | ||
Coca-Cola Co. | 2.250% | 1/5/32 | 7,610 | 6,618 | ||
Coca-Cola Femsa SAB de CV | 2.750% | 1/22/30 | 8,905 | 7,930 | ||
Colgate-Palmolive Co. | 3.250% | 8/15/32 | 3,915 | 3,670 |
Coupon | Maturity Date | Face Amount ($000) | Market Value ($000) | |||
Colgate-Palmolive Co. | 4.600% | 3/1/33 | 5,000 | 5,187 | ||
Conagra Brands Inc. | 4.850% | 11/1/28 | 9,814 | 9,786 | ||
Constellation Brands Inc. | 4.650% | 11/15/28 | 6,213 | 6,199 | ||
Constellation Brands Inc. | 3.150% | 8/1/29 | 7,189 | 6,576 | ||
Constellation Brands Inc. | 2.875% | 5/1/30 | 901 | 790 | ||
Constellation Brands Inc. | 2.250% | 8/1/31 | 6,549 | 5,379 | ||
Constellation Brands Inc. | 4.750% | 5/9/32 | 9,100 | 8,992 | ||
Costco Wholesale Corp. | 1.600% | 4/20/30 | 17,268 | 14,656 | ||
Costco Wholesale Corp. | 1.750% | 4/20/32 | 7,585 | 6,230 | ||
Diageo Capital plc | 3.875% | 5/18/28 | 4,338 | 4,240 | ||
Diageo Capital plc | 2.375% | 10/24/29 | 8,750 | 7,707 | ||
Diageo Capital plc | 2.000% | 4/29/30 | 2,285 | 1,947 | ||
Diageo Capital plc | 2.125% | 4/29/32 | 2,890 | 2,399 | ||
Diageo Capital plc | 5.500% | 1/24/33 | 5,000 | 5,419 | ||
Dollar General Corp. | 4.125% | 5/1/28 | 4,160 | 4,054 | ||
Dollar General Corp. | 3.500% | 4/3/30 | 10,335 | 9,507 | ||
Dollar General Corp. | 5.000% | 11/1/32 | 4,499 | 4,508 | ||
Dollar Tree Inc. | 4.200% | 5/15/28 | 9,177 | 8,930 | ||
Dollar Tree Inc. | 2.650% | 12/1/31 | 6,510 | 5,443 | ||
Estee Lauder Cos. Inc. | 2.375% | 12/1/29 | 5,786 | 5,118 | ||
Estee Lauder Cos. Inc. | 2.600% | 4/15/30 | 8,507 | 7,618 | ||
Estee Lauder Cos. Inc. | 1.950% | 3/15/31 | 5,192 | 4,364 | ||
Flowers Foods Inc. | 2.400% | 3/15/31 | 3,795 | 3,167 | ||
General Mills Inc. | 4.200% | 4/17/28 | 6,342 | 6,277 | ||
General Mills Inc. | 2.875% | 4/15/30 | 5,725 | 5,139 | ||
General Mills Inc. | 4.950% | 3/29/33 | 12,255 | 12,437 | ||
Haleon US Capital LLC | 3.375% | 3/24/29 | 7,240 | 6,672 | ||
Haleon US Capital LLC | 3.625% | 3/24/32 | 15,085 | 13,697 | ||
Hershey Co. | 2.450% | 11/15/29 | 2,825 | 2,515 | ||
Hershey Co. | 1.700% | 6/1/30 | 1,435 | 1,195 | ||
Hormel Foods Corp. | 1.700% | 6/3/28 | 3,450 | 3,042 | ||
Hormel Foods Corp. | 1.800% | 6/11/30 | 10,107 | 8,448 | ||
Ingredion Inc. | 2.900% | 6/1/30 | 3,716 | 3,264 | ||
J M Smucker Co. | 2.375% | 3/15/30 | 6,190 | 5,336 | ||
J M Smucker Co. | 2.125% | 3/15/32 | 5,000 | 4,080 | ||
4 | JBS USA LUX SA | 5.500% | 1/15/30 | 10,000 | 9,552 | |
4 | JBS USA LUX SA | 3.750% | 12/1/31 | 7,000 | 5,782 | |
4 | JBS USA LUX SA | 3.625% | 1/15/32 | 4,500 | 3,716 | |
4 | JBS USA LUX SA | 5.750% | 4/1/33 | 9,000 | 8,645 | |
Kellogg Co. | 3.400% | 11/15/27 | 5,699 | 5,437 | ||
Kellogg Co. | 4.300% | 5/15/28 | 2,965 | 2,933 | ||
Kellogg Co. | 2.100% | 6/1/30 | 2,950 | 2,472 | ||
2 | Kellogg Co. | 7.450% | 4/1/31 | 5,197 | 5,990 | |
4 | Kenvue Inc. | 5.000% | 3/22/30 | 5,000 | 5,150 | |
4 | Kenvue Inc. | 4.900% | 3/22/33 | 12,000 | 12,394 | |
Keurig Dr Pepper Inc. | 4.597% | 5/25/28 | 5,400 | 5,388 | ||
Keurig Dr Pepper Inc. | 3.950% | 4/15/29 | 10,570 | 10,134 | ||
Keurig Dr Pepper Inc. | 3.200% | 5/1/30 | 6,356 | 5,796 | ||
Keurig Dr Pepper Inc. | 2.250% | 3/15/31 | 3,260 | 2,734 | ||
Keurig Dr Pepper Inc. | 4.050% | 4/15/32 | 11,269 | 10,675 | ||
Kimberly-Clark Corp. | 1.050% | 9/15/27 | 5,857 | 5,134 | ||
Kimberly-Clark Corp. | 3.950% | 11/1/28 | 2,772 | 2,747 | ||
Kimberly-Clark Corp. | 3.200% | 4/25/29 | 5,845 | 5,538 | ||
Kimberly-Clark Corp. | 3.100% | 3/26/30 | 4,697 | 4,356 | ||
Kimberly-Clark Corp. | 2.000% | 11/2/31 | 5,030 | 4,245 | ||
Kraft Heinz Foods Co. | 3.750% | 4/1/30 | 5,925 | 5,615 | ||
Kraft Heinz Foods Co. | 4.250% | 3/1/31 | 8,752 | 8,479 | ||
Kroger Co. | 4.500% | 1/15/29 | 4,538 | 4,515 | ||
2 | Kroger Co. | 7.700% | 6/1/29 | 1,000 | 1,145 | |
Kroger Co. | 2.200% | 5/1/30 | 9,993 | 8,383 |
Coupon | Maturity Date | Face Amount ($000) | Market Value ($000) | |||
Kroger Co. | 1.700% | 1/15/31 | 4,166 | 3,320 | ||
McCormick & Co. Inc. | 3.400% | 8/15/27 | 5,278 | 5,005 | ||
McCormick & Co. Inc. | 1.850% | 2/15/31 | 6,876 | 5,516 | ||
Mondelez International Inc. | 2.750% | 4/13/30 | 7,508 | 6,662 | ||
Mondelez International Inc. | 1.500% | 2/4/31 | 3,863 | 3,082 | ||
Mondelez International Inc. | 3.000% | 3/17/32 | 6,785 | 5,973 | ||
Mondelez International Inc. | 1.875% | 10/15/32 | 5,975 | 4,780 | ||
PepsiCo Inc. | 3.600% | 2/18/28 | 4,620 | 4,532 | ||
PepsiCo Inc. | 7.000% | 3/1/29 | 975 | 1,135 | ||
PepsiCo Inc. | 2.625% | 7/29/29 | 7,248 | 6,653 | ||
PepsiCo Inc. | 2.750% | 3/19/30 | 15,385 | 14,049 | ||
PepsiCo Inc. | 1.625% | 5/1/30 | 16,453 | 13,913 | ||
PepsiCo Inc. | 1.950% | 10/21/31 | 9,315 | 7,853 | ||
PepsiCo Inc. | 3.900% | 7/18/32 | 15,030 | 14,692 | ||
Philip Morris International Inc. | 3.375% | 8/15/29 | 4,948 | 4,583 | ||
Philip Morris International Inc. | 5.625% | 11/17/29 | 9,490 | 9,919 | ||
Philip Morris International Inc. | 2.100% | 5/1/30 | 7,879 | 6,572 | ||
Philip Morris International Inc. | 1.750% | 11/1/30 | 1,432 | 1,153 | ||
Philip Morris International Inc. | 5.750% | 11/17/32 | 10,350 | 10,858 | ||
Philip Morris International Inc. | 5.375% | 2/15/33 | 17,625 | 18,010 | ||
Pilgrim's Pride Corp. | 4.250% | 4/15/31 | 5,973 | 5,213 | ||
Pilgrim's Pride Corp. | 3.500% | 3/1/32 | 9,346 | 7,507 | ||
Procter & Gamble Co. | 3.000% | 3/25/30 | 9,379 | 8,788 | ||
Procter & Gamble Co. | 1.200% | 10/29/30 | 17,355 | 14,193 | ||
Procter & Gamble Co. | 1.950% | 4/23/31 | 4,898 | 4,237 | ||
Procter & Gamble Co. | 2.300% | 2/1/32 | 3,535 | 3,129 | ||
Procter & Gamble Co. | 4.050% | 1/26/33 | 5,450 | 5,482 | ||
Sysco Corp. | 2.400% | 2/15/30 | 6,905 | 6,021 | ||
Sysco Corp. | 5.950% | 4/1/30 | 5,541 | 5,895 | ||
Sysco Corp. | 2.450% | 12/14/31 | 3,955 | 3,297 | ||
Target Corp. | 3.375% | 4/15/29 | 10,795 | 10,342 | ||
Target Corp. | 2.350% | 2/15/30 | 5,467 | 4,809 | ||
Target Corp. | 2.650% | 9/15/30 | 402 | 356 | ||
Target Corp. | 4.500% | 9/15/32 | 8,925 | 8,947 | ||
Target Corp. | 4.400% | 1/15/33 | 5,000 | 4,969 | ||
Tyson Foods Inc. | 4.350% | 3/1/29 | 7,588 | 7,367 | ||
Unilever Capital Corp. | 2.125% | 9/6/29 | 10,348 | 9,048 | ||
Unilever Capital Corp. | 1.375% | 9/14/30 | 4,998 | 4,072 | ||
Unilever Capital Corp. | 1.750% | 8/12/31 | 7,650 | 6,290 | ||
Unilever Capital Corp. | 5.900% | 11/15/32 | 2,000 | 2,240 | ||
Walgreens Boots Alliance Inc. | 3.200% | 4/15/30 | 4,290 | 3,770 | ||
Walmart Inc. | 3.700% | 6/26/28 | 23,182 | 22,964 | ||
Walmart Inc. | 1.500% | 9/22/28 | 5,600 | 4,915 | ||
Walmart Inc. | 3.250% | 7/8/29 | 10,748 | 10,256 | ||
Walmart Inc. | 2.375% | 9/24/29 | 10,793 | 9,673 | ||
Walmart Inc. | 1.800% | 9/22/31 | 3,875 | 3,277 | ||
Walmart Inc. | 4.150% | 9/9/32 | 5,051 | 5,089 | ||
953,226 | ||||||
Energy (2.4%) | ||||||
Baker Hughes Holdings LLC | 3.138% | 11/7/29 | 4,970 | 4,462 | ||
Baker Hughes Holdings LLC | 4.486% | 5/1/30 | 7,375 | 7,218 | ||
Boardwalk Pipelines LP | 4.800% | 5/3/29 | 3,428 | 3,362 | ||
Boardwalk Pipelines LP | 3.400% | 2/15/31 | 2,993 | 2,612 | ||
Boardwalk Pipelines LP | 3.600% | 9/1/32 | 1,888 | 1,627 | ||
BP Capital Markets America Inc. | 3.937% | 9/21/28 | 11,223 | 10,985 | ||
BP Capital Markets America Inc. | 4.234% | 11/6/28 | 15,949 | 15,808 | ||
BP Capital Markets America Inc. | 3.633% | 4/6/30 | 12,942 | 12,301 | ||
BP Capital Markets America Inc. | 1.749% | 8/10/30 | 4,896 | 4,056 | ||
BP Capital Markets America Inc. | 2.721% | 1/12/32 | 17,833 | 15,563 |
Coupon | Maturity Date | Face Amount ($000) | Market Value ($000) | |||
BP Capital Markets America Inc. | 4.812% | 2/13/33 | 17,500 | 17,770 | ||
BP Capital Markets plc | 3.723% | 11/28/28 | 5,857 | 5,680 | ||
Burlington Resources LLC | 7.200% | 8/15/31 | 995 | 1,156 | ||
Canadian Natural Resources Ltd. | 2.950% | 7/15/30 | 7,016 | 6,099 | ||
Canadian Natural Resources Ltd. | 7.200% | 1/15/32 | 100 | 110 | ||
Cenovus Energy Inc. | 2.650% | 1/15/32 | 4,175 | 3,447 | ||
Cheniere Corpus Christi Holdings LLC | 3.700% | 11/15/29 | 11,617 | 10,697 | ||
Cheniere Energy Inc. | 4.625% | 10/15/28 | 11,617 | 11,000 | ||
Cheniere Energy Partners LP | 4.500% | 10/1/29 | 5,631 | 5,253 | ||
Cheniere Energy Partners LP | 4.000% | 3/1/31 | 14,900 | 13,269 | ||
Cheniere Energy Partners LP | 3.250% | 1/31/32 | 14,325 | 11,842 | ||
Chevron Corp. | 2.236% | 5/11/30 | 11,575 | 10,235 | ||
Chevron USA Inc. | 3.250% | 10/15/29 | 4,225 | 3,975 | ||
CNOOC Finance 2013 Ltd. | 2.875% | 9/30/29 | 3,400 | 3,113 | ||
CNOOC Finance 2015 USA LLC | 4.375% | 5/2/28 | 14,025 | 14,048 | ||
CNOOC Petroleum North America ULC | 7.875% | 3/15/32 | 2,600 | 3,164 | ||
ConocoPhillips | 4.300% | 8/15/28 | 4,307 | 4,277 | ||
ConocoPhillips | 2.400% | 2/15/31 | 4,590 | 3,832 | ||
ConocoPhillips | 5.900% | 10/15/32 | 1,161 | 1,291 | ||
ConocoPhillips Co. | 6.950% | 4/15/29 | 10,478 | 11,816 | ||
Coterra Energy Inc. | 4.375% | 3/15/29 | 5,320 | 5,062 | ||
DCP Midstream Operating LP | 5.125% | 5/15/29 | 3,171 | 3,129 | ||
DCP Midstream Operating LP | 3.250% | 2/15/32 | 5,824 | 4,928 | ||
Devon Energy Corp. | 5.875% | 6/15/28 | 3,114 | 3,162 | ||
Devon Energy Corp. | 4.500% | 1/15/30 | 5,042 | 4,816 | ||
Devon Energy Corp. | 7.875% | 9/30/31 | 3,200 | 3,675 | ||
Devon Energy Corp. | 7.950% | 4/15/32 | 1,114 | 1,298 | ||
Diamondback Energy Inc. | 3.500% | 12/1/29 | 7,743 | 7,090 | ||
Diamondback Energy Inc. | 3.125% | 3/24/31 | 9,602 | 8,316 | ||
Diamondback Energy Inc. | 6.250% | 3/15/33 | 6,000 | 6,349 | ||
Eastern Gas Transmission & Storage Inc. | 3.000% | 11/15/29 | 4,200 | 3,742 | ||
Enbridge Inc. | 3.125% | 11/15/29 | 6,608 | 5,958 | ||
Enbridge Inc. | 5.700% | 3/8/33 | 17,700 | 18,411 | ||
Energy Transfer LP | 4.950% | 5/15/28 | 5,330 | 5,272 | ||
Energy Transfer LP | 4.950% | 6/15/28 | 11,165 | 11,093 | ||
Energy Transfer LP | 5.250% | 4/15/29 | 9,367 | 9,343 | ||
Energy Transfer LP | 4.150% | 9/15/29 | 3,900 | 3,658 | ||
Energy Transfer LP | 3.750% | 5/15/30 | 11,665 | 10,762 | ||
Energy Transfer LP | 5.750% | 2/15/33 | 9,238 | 9,433 | ||
Enterprise Products Operating LLC | 4.150% | 10/16/28 | 9,155 | 8,895 | ||
Enterprise Products Operating LLC | 3.125% | 7/31/29 | 9,029 | 8,264 | ||
Enterprise Products Operating LLC | 2.800% | 1/31/30 | 9,110 | 8,095 | ||
Enterprise Products Operating LLC | 5.350% | 1/31/33 | 7,600 | 7,901 | ||
2 | Enterprise Products Operating LLC | 6.875% | 3/1/33 | 472 | 538 | |
EOG Resources Inc. | 4.375% | 4/15/30 | 6,801 | 6,785 | ||
EQT Corp. | 5.000% | 1/15/29 | 6,950 | 6,603 | ||
EQT Corp. | 7.000% | 2/1/30 | 9,196 | 9,656 | ||
Exxon Mobil Corp. | 2.440% | 8/16/29 | 9,118 | 8,350 | ||
Exxon Mobil Corp. | 3.482% | 3/19/30 | 16,725 | 15,980 | ||
Exxon Mobil Corp. | 2.610% | 10/15/30 | 14,665 | 13,172 | ||
Halliburton Co. | 2.920% | 3/1/30 | 4,498 | 4,010 | ||
Helmerich & Payne Inc. | 2.900% | 9/29/31 | 4,375 | 3,623 | ||
Hess Corp. | 7.300% | 8/15/31 | 4,146 | 4,615 | ||
Hess Corp. | 7.125% | 3/15/33 | 1,055 | 1,167 | ||
HF Sinclair Corp. | 4.500% | 10/1/30 | 3,123 | 2,830 | ||
Kinder Morgan Energy Partners LP | 7.750% | 3/15/32 | 330 | 376 | ||
Kinder Morgan Inc. | 4.300% | 3/1/28 | 8,419 | 8,274 | ||
Kinder Morgan Inc. | 2.000% | 2/15/31 | 7,210 | 5,819 | ||
2 | Kinder Morgan Inc. | 7.800% | 8/1/31 | 1,300 | 1,489 | |
Kinder Morgan Inc. | 4.800% | 2/1/33 | 5,755 | 5,552 |
Coupon | Maturity Date | Face Amount ($000) | Market Value ($000) | |||
Magellan Midstream Partners LP | 3.250% | 6/1/30 | 4,821 | 4,349 | ||
Marathon Oil Corp. | 6.800% | 3/15/32 | 4,436 | 4,684 | ||
Marathon Petroleum Corp. | 3.800% | 4/1/28 | 5,104 | 4,887 | ||
MPLX LP | 4.800% | 2/15/29 | 7,690 | 7,611 | ||
MPLX LP | 2.650% | 8/15/30 | 11,778 | 10,005 | ||
MPLX LP | 4.950% | 9/1/32 | 4,450 | 4,359 | ||
MPLX LP | 5.000% | 3/1/33 | 8,500 | 8,318 | ||
NOV Inc. | 3.600% | 12/1/29 | 2,495 | 2,258 | ||
ONEOK Inc. | 4.550% | 7/15/28 | 7,448 | 7,200 | ||
ONEOK Inc. | 4.350% | 3/15/29 | 9,105 | 8,617 | ||
ONEOK Inc. | 3.400% | 9/1/29 | 6,435 | 5,731 | ||
ONEOK Inc. | 3.100% | 3/15/30 | 3,590 | 3,143 | ||
ONEOK Inc. | 6.350% | 1/15/31 | 995 | 1,039 | ||
ONEOK Inc. | 6.100% | 11/15/32 | 7,705 | 7,980 | ||
Ovintiv Inc. | 7.200% | 11/1/31 | 2,745 | 2,932 | ||
Ovintiv Inc. | 7.375% | 11/1/31 | 4,615 | 4,990 | ||
Phillips 66 | 3.900% | 3/15/28 | 1,972 | 1,899 | ||
Phillips 66 | 2.150% | 12/15/30 | 7,163 | 5,913 | ||
Phillips 66 | 5.300% | 6/30/33 | 3,000 | 3,039 | ||
4 | Phillips 66 Co. | 3.150% | 12/15/29 | 5,235 | 4,723 | |
Pioneer Natural Resources Co. | 1.900% | 8/15/30 | 10,052 | 8,172 | ||
Pioneer Natural Resources Co. | 2.150% | 1/15/31 | 8,299 | 6,820 | ||
Plains All American Pipeline LP | 3.550% | 12/15/29 | 7,483 | 6,692 | ||
Plains All American Pipeline LP | 3.800% | 9/15/30 | 5,786 | 5,161 | ||
Sabine Pass Liquefaction LLC | 4.200% | 3/15/28 | 2,906 | 2,793 | ||
Sabine Pass Liquefaction LLC | 4.500% | 5/15/30 | 19,418 | 18,758 | ||
Schlumberger Investment SA | 2.650% | 6/26/30 | 13,048 | 11,553 | ||
Shell International Finance BV | 3.875% | 11/13/28 | 7,445 | 7,332 | ||
Shell International Finance BV | 2.375% | 11/7/29 | 14,206 | 12,607 | ||
Shell International Finance BV | 2.750% | 4/6/30 | 13,441 | 12,262 | ||
Suncor Energy Inc. | 7.150% | 2/1/32 | 4,250 | 4,700 | ||
Targa Resources Corp. | 4.200% | 2/1/33 | 5,975 | 5,366 | ||
Targa Resources Corp. | 6.125% | 3/15/33 | 6,900 | 7,138 | ||
Targa Resources Partners LP | 6.875% | 1/15/29 | 5,100 | 5,219 | ||
Targa Resources Partners LP | 5.500% | 3/1/30 | 7,000 | 6,830 | ||
Targa Resources Partners LP | 4.875% | 2/1/31 | 7,275 | 6,858 | ||
Targa Resources Partners LP | 4.000% | 1/15/32 | 7,355 | 6,432 | ||
Tennessee Gas Pipeline Co. LLC | 7.000% | 10/15/28 | 2,233 | 2,428 | ||
Tosco Corp. | 8.125% | 2/15/30 | 2,619 | 3,117 | ||
TotalEnergies Capital International SA | 3.455% | 2/19/29 | 9,355 | 8,931 | ||
TotalEnergies Capital International SA | 2.829% | 1/10/30 | 6,477 | 5,906 | ||
TotalEnergies Capital SA | 3.883% | 10/11/28 | 8,641 | 8,514 | ||
TransCanada PipeLines Ltd. | 4.250% | 5/15/28 | 10,247 | 9,944 | ||
TransCanada PipeLines Ltd. | 4.100% | 4/15/30 | 12,875 | 12,102 | ||
TransCanada PipeLines Ltd. | 2.500% | 10/12/31 | 13,101 | 10,709 | ||
Transcontinental Gas Pipe Line Co. LLC | 4.000% | 3/15/28 | 4,005 | 3,835 | ||
Transcontinental Gas Pipe Line Co. LLC | 3.250% | 5/15/30 | 10,743 | 9,735 | ||
Valero Energy Corp. | 4.350% | 6/1/28 | 6,042 | 5,923 | ||
Valero Energy Corp. | 2.800% | 12/1/31 | 8,593 | 7,228 | ||
Valero Energy Corp. | 7.500% | 4/15/32 | 3,200 | 3,676 | ||
Valero Energy Partners LP | 4.500% | 3/15/28 | 2,505 | 2,474 | ||
Western Midstream Operating LP | 4.750% | 8/15/28 | 532 | 507 | ||
Western Midstream Operating LP | 4.300% | 2/1/30 | 4,893 | 4,450 | ||
Williams Cos. Inc. | 3.500% | 11/15/30 | 9,680 | 8,779 | ||
2 | Williams Cos. Inc. | 7.500% | 1/15/31 | 1,311 | 1,460 | |
Williams Cos. Inc. | 2.600% | 3/15/31 | 12,607 | 10,579 | ||
Williams Cos. Inc. | 8.750% | 3/15/32 | 3,064 | 3,677 | ||
Williams Cos. Inc. | 4.650% | 8/15/32 | 5,914 | 5,698 | ||
845,601 |
Coupon | Maturity Date | Face Amount ($000) | Market Value ($000) | |||
Financials (11.1%) | ||||||
2 | Aegon NV | 5.500% | 4/11/48 | 4,500 | 4,255 | |
AerCap Ireland Capital DAC | 3.875% | 1/23/28 | 1,050 | 967 | ||
AerCap Ireland Capital DAC | 3.000% | 10/29/28 | 31,342 | 27,331 | ||
AerCap Ireland Capital DAC | 3.300% | 1/30/32 | 31,679 | 26,163 | ||
Affiliated Managers Group Inc. | 3.300% | 6/15/30 | 7,160 | 6,211 | ||
Aflac Inc. | 3.600% | 4/1/30 | 10,242 | 9,630 | ||
Air Lease Corp. | 2.100% | 9/1/28 | 7,840 | 6,546 | ||
Air Lease Corp. | 4.625% | 10/1/28 | 3,671 | 3,489 | ||
Air Lease Corp. | 3.250% | 10/1/29 | 4,130 | 3,620 | ||
2 | Air Lease Corp. | 3.000% | 2/1/30 | 4,918 | 4,197 | |
Air Lease Corp. | 3.125% | 12/1/30 | 3,743 | 3,177 | ||
2 | Air Lease Corp. | 2.875% | 1/15/32 | 4,135 | 3,412 | |
Alleghany Corp. | 3.625% | 5/15/30 | 4,635 | 4,379 | ||
Allstate Corp. | 1.450% | 12/15/30 | 4,017 | 3,127 | ||
Allstate Corp. | 5.250% | 3/30/33 | 3,400 | 3,436 | ||
Ally Financial Inc. | 2.200% | 11/2/28 | 10,603 | 8,415 | ||
2 | Ally Financial Inc. | 8.000% | 11/1/31 | 19,787 | 20,691 | |
American Express Co. | 4.989% | 5/26/33 | 6,544 | 6,432 | ||
American Express Co. | 4.420% | 8/3/33 | 15,241 | 14,612 | ||
American Financial Group Inc. | 5.250% | 4/2/30 | 3,062 | 3,099 | ||
American International Group Inc. | 4.200% | 4/1/28 | 2,193 | 2,140 | ||
American International Group Inc. | 3.400% | 6/30/30 | 4,148 | 3,718 | ||
American International Group Inc. | 5.125% | 3/27/33 | 3,226 | 3,202 | ||
2 | American International Group Inc. | 5.750% | 4/1/48 | 4,875 | 4,430 | |
Ameriprise Financial Inc. | 4.500% | 5/13/32 | 4,490 | 4,277 | ||
Aon Corp. | 4.500% | 12/15/28 | 620 | 610 | ||
Aon Corp. | 3.750% | 5/2/29 | 5,767 | 5,509 | ||
Aon Corp. | 2.800% | 5/15/30 | 10,513 | 9,296 | ||
Aon Corp. | 2.600% | 12/2/31 | 5,040 | 4,229 | ||
Aon Corp. | 5.000% | 9/12/32 | 5,035 | 5,079 | ||
Aon Corp. | 5.350% | 2/28/33 | 1,940 | 2,007 | ||
Ares Capital Corp. | 2.875% | 6/15/28 | 7,946 | 6,560 | ||
Ares Capital Corp. | 3.200% | 11/15/31 | 5,990 | 4,544 | ||
Arthur J Gallagher & Co. | 2.400% | 11/9/31 | 3,646 | 2,950 | ||
Arthur J Gallagher & Co. | 5.500% | 3/2/33 | 4,665 | 4,758 | ||
Assurant Inc. | 4.900% | 3/27/28 | 3,625 | 3,559 | ||
Assurant Inc. | 3.700% | 2/22/30 | 2,820 | 2,498 | ||
Assured Guaranty US Holdings Inc. | 3.150% | 6/15/31 | 3,615 | 3,104 | ||
Athene Holding Ltd. | 6.150% | 4/3/30 | 8,461 | 8,452 | ||
Athene Holding Ltd. | 3.500% | 1/15/31 | 7,708 | 6,424 | ||
AXA SA | 8.600% | 12/15/30 | 5,056 | 6,074 | ||
AXIS Specialty Finance LLC | 3.900% | 7/15/29 | 1,430 | 1,341 | ||
2 | AXIS Specialty Finance LLC | 4.900% | 1/15/40 | 3,467 | 2,758 | |
Banco Santander SA | 4.379% | 4/12/28 | 7,050 | 6,676 | ||
Banco Santander SA | 3.306% | 6/27/29 | 8,631 | 7,723 | ||
Banco Santander SA | 3.490% | 5/28/30 | 17,566 | 15,393 | ||
Banco Santander SA | 2.749% | 12/3/30 | 7,819 | 6,114 | ||
Banco Santander SA | 2.958% | 3/25/31 | 8,348 | 6,856 | ||
Banco Santander SA | 3.225% | 11/22/32 | 50 | 39 | ||
2 | Bank of America Corp. | 4.250% | 10/22/26 | 87 | 84 | |
2 | Bank of America Corp. | 3.970% | 3/5/29 | 4,272 | 4,046 | |
2 | Bank of America Corp. | 2.087% | 6/14/29 | 16,663 | 14,337 | |
2 | Bank of America Corp. | 4.271% | 7/23/29 | 36,148 | 34,791 | |
2 | Bank of America Corp. | 3.974% | 2/7/30 | 24,179 | 22,641 | |
2 | Bank of America Corp. | 3.194% | 7/23/30 | 9,000 | 7,995 | |
2 | Bank of America Corp. | 2.884% | 10/22/30 | 7,698 | 6,695 | |
2 | Bank of America Corp. | 2.496% | 2/13/31 | 32,312 | 27,384 | |
2 | Bank of America Corp. | 2.592% | 4/29/31 | 20,496 | 17,360 | |
2 | Bank of America Corp. | 1.898% | 7/23/31 | 17,395 | 13,946 |
Coupon | Maturity Date | Face Amount ($000) | Market Value ($000) | |||
2 | Bank of America Corp. | 1.922% | 10/24/31 | 20,256 | 16,175 | |
2 | Bank of America Corp. | 2.651% | 3/11/32 | 15,008 | 12,539 | |
Bank of America Corp. | 2.687% | 4/22/32 | 54,205 | 45,262 | ||
Bank of America Corp. | 2.299% | 7/21/32 | 40,858 | 32,923 | ||
Bank of America Corp. | 2.572% | 10/20/32 | 18,583 | 15,190 | ||
2 | Bank of America Corp. | 2.972% | 2/4/33 | 41,484 | 34,962 | |
Bank of America Corp. | 4.571% | 4/27/33 | 16,416 | 15,617 | ||
2 | Bank of America Corp. | 5.015% | 7/22/33 | 28,816 | 28,464 | |
Bank of America Corp. | 2.482% | 9/21/36 | 17,858 | 13,528 | ||
Bank of America Corp. | 3.846% | 3/8/37 | 19,267 | 16,540 | ||
Bank of Montreal | 3.088% | 1/10/37 | 9,163 | 7,318 | ||
2 | Bank of New York Mellon Corp. | 3.400% | 1/29/28 | 7,830 | 7,431 | |
2 | Bank of New York Mellon Corp. | 3.850% | 4/28/28 | 290 | 280 | |
2 | Bank of New York Mellon Corp. | 1.650% | 7/14/28 | 745 | 649 | |
2 | Bank of New York Mellon Corp. | 3.300% | 8/23/29 | 11,458 | 10,540 | |
2 | Bank of New York Mellon Corp. | 1.800% | 7/28/31 | 1,920 | 1,515 | |
Bank of New York Mellon Corp. | 2.500% | 1/26/32 | 3,340 | 2,761 | ||
2 | Bank of New York Mellon Corp. | 4.289% | 6/13/33 | 10,000 | 9,579 | |
2 | Bank of New York Mellon Corp. | 5.834% | 10/25/33 | 23,562 | 25,168 | |
Bank of New York Mellon Corp. | 4.706% | 2/1/34 | 2,150 | 2,127 | ||
Bank of Nova Scotia | 2.150% | 8/1/31 | 4,480 | 3,626 | ||
Bank of Nova Scotia | 2.450% | 2/2/32 | 5,570 | 4,601 | ||
Bank of Nova Scotia | 4.588% | 5/4/37 | 9,154 | 8,122 | ||
BankUnited Inc. | 5.125% | 6/11/30 | 4,510 | 3,798 | ||
Barclays plc | 4.836% | 5/9/28 | 19,678 | 18,593 | ||
2 | Barclays plc | 4.972% | 5/16/29 | 14,033 | 13,535 | |
2 | Barclays plc | 5.088% | 6/20/30 | 9,919 | 9,248 | |
Barclays plc | 2.645% | 6/24/31 | 7,473 | 6,031 | ||
Barclays plc | 2.667% | 3/10/32 | 3,512 | 2,772 | ||
Barclays plc | 2.894% | 11/24/32 | 9,880 | 7,872 | ||
Barclays plc | 5.746% | 8/9/33 | 5,975 | 5,855 | ||
Barclays plc | 7.437% | 11/2/33 | 15,278 | 16,873 | ||
Barclays plc | 3.564% | 9/23/35 | 16,016 | 12,580 | ||
Berkshire Hathaway Finance Corp. | 1.850% | 3/12/30 | 6,278 | 5,392 | ||
Berkshire Hathaway Finance Corp. | 1.450% | 10/15/30 | 4,154 | 3,422 | ||
Berkshire Hathaway Finance Corp. | 2.875% | 3/15/32 | 2,974 | 2,677 | ||
BlackRock Inc. | 3.250% | 4/30/29 | 9,608 | 9,147 | ||
BlackRock Inc. | 2.400% | 4/30/30 | 8,355 | 7,336 | ||
BlackRock Inc. | 1.900% | 1/28/31 | 5,561 | 4,661 | ||
BlackRock Inc. | 2.100% | 2/25/32 | 5,564 | 4,649 | ||
Blackstone Private Credit Fund | 4.000% | 1/15/29 | 3,525 | 2,957 | ||
Blackstone Secured Lending Fund | 2.850% | 9/30/28 | 4,885 | 3,976 | ||
Brighthouse Financial Inc. | 5.625% | 5/15/30 | 6,020 | 5,792 | ||
Brookfield Finance Inc. | 4.850% | 3/29/29 | 7,850 | 7,573 | ||
Brookfield Finance Inc. | 4.350% | 4/15/30 | 8,412 | 7,846 | ||
Brookfield Finance Inc. | 2.724% | 4/15/31 | 4,200 | 3,488 | ||
Brown & Brown Inc. | 4.500% | 3/15/29 | 3,215 | 3,104 | ||
Brown & Brown Inc. | 2.375% | 3/15/31 | 4,689 | 3,755 | ||
Brown & Brown Inc. | 4.200% | 3/17/32 | 7,215 | 6,501 | ||
Canadian Imperial Bank of Commerce | 3.600% | 4/7/32 | 8,747 | 7,961 | ||
Capital One Financial Corp. | 1.878% | 11/2/27 | 200 | 172 | ||
Capital One Financial Corp. | 3.800% | 1/31/28 | 6,941 | 6,364 | ||
Capital One Financial Corp. | 5.468% | 2/1/29 | 3,175 | 3,095 | ||
Capital One Financial Corp. | 3.273% | 3/1/30 | 3,456 | 2,968 | ||
Capital One Financial Corp. | 5.247% | 7/26/30 | 300 | 285 | ||
Capital One Financial Corp. | 2.359% | 7/29/32 | 7,215 | 5,151 | ||
Capital One Financial Corp. | 2.618% | 11/2/32 | 4,290 | 3,301 | ||
Capital One Financial Corp. | 5.268% | 5/10/33 | 6,168 | 5,790 | ||
Capital One Financial Corp. | 5.817% | 2/1/34 | 15,427 | 14,995 | ||
Cboe Global Markets Inc. | 1.625% | 12/15/30 | 4,905 | 3,953 |
Coupon | Maturity Date | Face Amount ($000) | Market Value ($000) | |||
Charles Schwab Corp. | 3.200% | 1/25/28 | 3,413 | 3,123 | ||
Charles Schwab Corp. | 2.000% | 3/20/28 | 6,635 | 5,700 | ||
Charles Schwab Corp. | 4.000% | 2/1/29 | 8,423 | 8,049 | ||
Charles Schwab Corp. | 3.250% | 5/22/29 | 6,218 | 5,537 | ||
Charles Schwab Corp. | 2.750% | 10/1/29 | 5,239 | 4,533 | ||
Charles Schwab Corp. | 4.625% | 3/22/30 | 1,390 | 1,340 | ||
Charles Schwab Corp. | 2.300% | 5/13/31 | 14,544 | 11,734 | ||
Charles Schwab Corp. | 2.900% | 3/3/32 | 9,467 | 7,899 | ||
Chubb INA Holdings Inc. | 1.375% | 9/15/30 | 12,773 | 10,331 | ||
CI Financial Corp. | 3.200% | 12/17/30 | 9,275 | 7,141 | ||
2 | Cincinnati Financial Corp. | 6.920% | 5/15/28 | 3,225 | 3,580 | |
Citigroup Inc. | 4.450% | 9/29/27 | 16,484 | 15,986 | ||
Citigroup Inc. | 6.625% | 1/15/28 | 985 | 1,061 | ||
Citigroup Inc. | 4.125% | 7/25/28 | 5,297 | 5,014 | ||
2 | Citigroup Inc. | 4.075% | 4/23/29 | 8,609 | 8,204 | |
2 | Citigroup Inc. | 3.980% | 3/20/30 | 25,227 | 23,559 | |
2 | Citigroup Inc. | 2.976% | 11/5/30 | 14,732 | 12,911 | |
2 | Citigroup Inc. | 2.666% | 1/29/31 | 19,243 | 16,439 | |
2 | Citigroup Inc. | 4.412% | 3/31/31 | 48,243 | 45,894 | |
2 | Citigroup Inc. | 2.572% | 6/3/31 | 26,597 | 22,448 | |
Citigroup Inc. | 2.561% | 5/1/32 | 890 | 737 | ||
Citigroup Inc. | 6.625% | 6/15/32 | 965 | 1,034 | ||
Citigroup Inc. | 2.520% | 11/3/32 | 11,042 | 9,023 | ||
Citigroup Inc. | 3.057% | 1/25/33 | 16,317 | 13,847 | ||
Citigroup Inc. | 3.785% | 3/17/33 | 41,525 | 37,236 | ||
Citigroup Inc. | 4.910% | 5/24/33 | 23,905 | 23,429 | ||
Citigroup Inc. | 6.270% | 11/17/33 | 18,145 | 19,625 | ||
Citizens Financial Group Inc. | 2.500% | 2/6/30 | 4,319 | 3,411 | ||
Citizens Financial Group Inc. | 3.250% | 4/30/30 | 6,674 | 5,531 | ||
Citizens Financial Group Inc. | 2.638% | 9/30/32 | 750 | 533 | ||
Citizens Financial Group Inc. | 5.641% | 5/21/37 | 2,000 | 1,842 | ||
CME Group Inc. | 3.750% | 6/15/28 | 4,850 | 4,755 | ||
CME Group Inc. | 2.650% | 3/15/32 | 5,075 | 4,397 | ||
CNA Financial Corp. | 3.900% | 5/1/29 | 5,602 | 5,287 | ||
CNA Financial Corp. | 2.050% | 8/15/30 | 2,725 | 2,221 | ||
CNO Financial Group Inc. | 5.250% | 5/30/29 | 2,243 | 2,167 | ||
Comerica Inc. | 4.000% | 2/1/29 | 1,512 | 1,197 | ||
4 | Corebridge Financial Inc. | 3.850% | 4/5/29 | 8,853 | 8,075 | |
4 | Corebridge Financial Inc. | 3.900% | 4/5/32 | 16,205 | 14,018 | |
4 | Credit Suisse Group AG | 6.537% | 8/12/33 | 435 | 448 | |
Credit Suisse USA Inc. | 7.125% | 7/15/32 | 5,165 | 5,728 | ||
Deutsche Bank AG | 5.882% | 7/8/31 | 2,203 | 1,916 | ||
2 | Deutsche Bank AG | 3.547% | 9/18/31 | 16,256 | 13,335 | |
Deutsche Bank AG | 3.729% | 1/14/32 | 9,651 | 7,209 | ||
Deutsche Bank AG | 3.035% | 5/28/32 | 832 | 644 | ||
Deutsche Bank AG | 3.742% | 1/7/33 | 12,932 | 9,394 | ||
Deutsche Bank AG | 7.079% | 2/10/34 | 11,500 | 10,652 | ||
2 | Discover Bank | 4.650% | 9/13/28 | 8,376 | 7,935 | |
2 | Discover Bank | 2.700% | 2/6/30 | 6,364 | 5,146 | |
Discover Financial Services | 6.700% | 11/29/32 | 5,475 | 5,651 | ||
Enstar Group Ltd. | 4.950% | 6/1/29 | 12,125 | 11,344 | ||
Enstar Group Ltd. | 3.100% | 9/1/31 | 1,276 | 987 | ||
Equitable Holdings Inc. | 7.000% | 4/1/28 | 2,784 | 3,017 | ||
Equitable Holdings Inc. | 4.350% | 4/20/28 | 9,001 | 8,653 | ||
Equitable Holdings Inc. | 5.594% | 1/11/33 | 4,125 | 4,046 | ||
Fairfax Financial Holdings Ltd. | 4.850% | 4/17/28 | 4,118 | 4,035 | ||
Fairfax Financial Holdings Ltd. | 4.625% | 4/29/30 | 5,980 | 5,638 | ||
Fairfax Financial Holdings Ltd. | 3.375% | 3/3/31 | 4,280 | 3,592 | ||
4 | Fairfax Financial Holdings Ltd. | 5.625% | 8/16/32 | 5,550 | 5,460 | |
Fidelity National Financial Inc. | 4.500% | 8/15/28 | 4,577 | 4,453 |
Coupon | Maturity Date | Face Amount ($000) | Market Value ($000) | |||
Fidelity National Financial Inc. | 3.400% | 6/15/30 | 7,088 | 6,211 | ||
Fifth Third Bancorp | 4.772% | 7/28/30 | 3,880 | 3,581 | ||
Fifth Third Bancorp | 4.337% | 4/25/33 | 4,980 | 4,361 | ||
First American Financial Corp. | 4.000% | 5/15/30 | 4,277 | 3,854 | ||
First American Financial Corp. | 2.400% | 8/15/31 | 5,127 | 3,969 | ||
2 | First Horizon Bank | 5.750% | 5/1/30 | 5,000 | 4,695 | |
First-Citizens Bank & Trust Co. | 6.125% | 3/9/28 | 2,673 | 2,604 | ||
Franklin Resources Inc. | 1.600% | 10/30/30 | 4,307 | 3,397 | ||
FS KKR Capital Corp. | 3.125% | 10/12/28 | 4,220 | 3,444 | ||
GATX Corp. | 3.500% | 3/15/28 | 2,396 | 2,210 | ||
GATX Corp. | 4.550% | 11/7/28 | 4,144 | 4,060 | ||
GATX Corp. | 4.700% | 4/1/29 | 1,760 | 1,716 | ||
GATX Corp. | 4.000% | 6/30/30 | 5,336 | 4,908 | ||
GE Capital Funding LLC | 4.550% | 5/15/32 | 5,069 | 4,972 | ||
Globe Life Inc. | 4.550% | 9/15/28 | 6,211 | 6,170 | ||
Globe Life Inc. | 2.150% | 8/15/30 | 4,195 | 3,398 | ||
2 | Goldman Sachs Group Inc. | 3.814% | 4/23/29 | 22,062 | 20,753 | |
2 | Goldman Sachs Group Inc. | 4.223% | 5/1/29 | 26,937 | 25,707 | |
Goldman Sachs Group Inc. | 2.600% | 2/7/30 | 2,705 | 2,323 | ||
Goldman Sachs Group Inc. | 3.800% | 3/15/30 | 18,660 | 17,380 | ||
Goldman Sachs Group Inc. | 1.992% | 1/27/32 | 18,805 | 14,999 | ||
Goldman Sachs Group Inc. | 2.615% | 4/22/32 | 38,635 | 32,182 | ||
Goldman Sachs Group Inc. | 2.383% | 7/21/32 | 26,466 | 21,530 | ||
Goldman Sachs Group Inc. | 2.650% | 10/21/32 | 27,946 | 23,046 | ||
Goldman Sachs Group Inc. | 6.125% | 2/15/33 | 4,237 | 4,558 | ||
Goldman Sachs Group Inc. | 3.102% | 2/24/33 | 32,430 | 27,795 | ||
Hanover Insurance Group Inc. | 2.500% | 9/1/30 | 3,223 | 2,581 | ||
Hartford Financial Services Group Inc. | 2.800% | 8/19/29 | 5,415 | 4,763 | ||
HSBC Holdings plc | 1.589% | 5/24/27 | 275 | 242 | ||
2 | HSBC Holdings plc | 4.583% | 6/19/29 | 32,151 | 30,581 | |
HSBC Holdings plc | 2.206% | 8/17/29 | 12,134 | 10,202 | ||
HSBC Holdings plc | 4.950% | 3/31/30 | 23,362 | 22,916 | ||
2 | HSBC Holdings plc | 3.973% | 5/22/30 | 25,305 | 22,869 | |
2 | HSBC Holdings plc | 2.848% | 6/4/31 | 13,013 | 10,934 | |
2 | HSBC Holdings plc | 2.357% | 8/18/31 | 13,575 | 10,952 | |
2 | HSBC Holdings plc | 7.625% | 5/17/32 | 1,314 | 1,400 | |
HSBC Holdings plc | 2.804% | 5/24/32 | 12,404 | 10,136 | ||
HSBC Holdings plc | 2.871% | 11/22/32 | 24,054 | 19,593 | ||
HSBC Holdings plc | 4.762% | 3/29/33 | 13,868 | 12,645 | ||
HSBC Holdings plc | 5.402% | 8/11/33 | 23,580 | 23,306 | ||
HSBC Holdings plc | 8.113% | 11/3/33 | 10,100 | 11,279 | ||
HSBC Holdings plc | 6.254% | 3/9/34 | 13,594 | 14,211 | ||
Huntington Bancshares Inc. | 2.550% | 2/4/30 | 8,400 | 6,651 | ||
Huntington Bancshares Inc. | 5.023% | 5/17/33 | 3,340 | 3,054 | ||
Huntington Bancshares Inc. | 2.487% | 8/15/36 | 4,734 | 3,312 | ||
ING Groep NV | 4.550% | 10/2/28 | 9,791 | 9,396 | ||
ING Groep NV | 4.050% | 4/9/29 | 7,063 | 6,628 | ||
ING Groep NV | 2.727% | 4/1/32 | 2,292 | 1,886 | ||
ING Groep NV | 4.252% | 3/28/33 | 11,462 | 10,472 | ||
Intercontinental Exchange Inc. | 3.100% | 9/15/27 | 1 | — | ||
Intercontinental Exchange Inc. | 3.750% | 9/21/28 | 4,515 | 4,341 | ||
Intercontinental Exchange Inc. | 4.350% | 6/15/29 | 9,550 | 9,439 | ||
Intercontinental Exchange Inc. | 2.100% | 6/15/30 | 12,871 | 10,898 | ||
Intercontinental Exchange Inc. | 1.850% | 9/15/32 | 12,355 | 9,737 | ||
Intercontinental Exchange Inc. | 4.600% | 3/15/33 | 11,024 | 10,934 | ||
Jackson Financial Inc. | 3.125% | 11/23/31 | 4,208 | 3,459 | ||
Jefferies Financial Group Inc. | 4.150% | 1/23/30 | 5,838 | 5,345 | ||
Jefferies Financial Group Inc. | 2.625% | 10/15/31 | 12,982 | 10,044 | ||
JPMorgan Chase & Co. | 4.250% | 10/1/27 | 8,022 | 7,870 | ||
2 | JPMorgan Chase & Co. | 4.005% | 4/23/29 | 18,983 | 18,140 |
Coupon | Maturity Date | Face Amount ($000) | Market Value ($000) | |||
JPMorgan Chase & Co. | 2.069% | 6/1/29 | 13,635 | 11,808 | ||
2 | JPMorgan Chase & Co. | 4.203% | 7/23/29 | 19,314 | 18,652 | |
2 | JPMorgan Chase & Co. | 4.452% | 12/5/29 | 31,359 | 30,463 | |
2 | JPMorgan Chase & Co. | 3.702% | 5/6/30 | 20,371 | 18,953 | |
JPMorgan Chase & Co. | 4.565% | 6/14/30 | 4,395 | 4,278 | ||
2 | JPMorgan Chase & Co. | 2.739% | 10/15/30 | 18,147 | 15,836 | |
2 | JPMorgan Chase & Co. | 4.493% | 3/24/31 | 24,459 | 23,782 | |
2 | JPMorgan Chase & Co. | 2.522% | 4/22/31 | 20,319 | 17,379 | |
2 | JPMorgan Chase & Co. | 2.956% | 5/13/31 | 27,892 | 24,020 | |
JPMorgan Chase & Co. | 1.764% | 11/19/31 | 7,642 | 6,095 | ||
JPMorgan Chase & Co. | 1.953% | 2/4/32 | 24,189 | 19,461 | ||
JPMorgan Chase & Co. | 2.580% | 4/22/32 | 43,512 | 36,651 | ||
JPMorgan Chase & Co. | 2.545% | 11/8/32 | 23,748 | 19,713 | ||
JPMorgan Chase & Co. | 2.963% | 1/25/33 | 28,603 | 24,483 | ||
JPMorgan Chase & Co. | 4.586% | 4/26/33 | 15,895 | 15,403 | ||
JPMorgan Chase & Co. | 4.912% | 7/25/33 | 30,139 | 29,966 | ||
JPMorgan Chase & Co. | 5.717% | 9/14/33 | 25,982 | 26,510 | ||
Kemper Corp. | 2.400% | 9/30/30 | 4,065 | 3,252 | ||
Kemper Corp. | 3.800% | 2/23/32 | 2,250 | 1,935 | ||
2 | KeyBank NA | 4.900% | 8/8/32 | 6,350 | 5,570 | |
KeyBank NA | 5.000% | 1/26/33 | 7,125 | 6,616 | ||
2 | KeyCorp | 4.100% | 4/30/28 | 6,085 | 5,458 | |
2 | KeyCorp | 2.550% | 10/1/29 | 4,673 | 3,736 | |
2 | KeyCorp | 4.789% | 6/1/33 | 8,230 | 7,378 | |
Lazard Group LLC | 4.500% | 9/19/28 | 3,692 | 3,538 | ||
Lazard Group LLC | 4.375% | 3/11/29 | 5,300 | 5,022 | ||
Lincoln National Corp. | 3.800% | 3/1/28 | 3,525 | 3,194 | ||
Lincoln National Corp. | 3.050% | 1/15/30 | 4,858 | 3,990 | ||
Lincoln National Corp. | 3.400% | 1/15/31 | 4,152 | 3,392 | ||
Lloyds Banking Group plc | 4.650% | 3/24/26 | 103 | 98 | ||
Lloyds Banking Group plc | 4.375% | 3/22/28 | 3,683 | 3,504 | ||
Lloyds Banking Group plc | 4.550% | 8/16/28 | 4,340 | 4,120 | ||
2 | Lloyds Banking Group plc | 3.574% | 11/7/28 | 301 | 275 | |
Lloyds Banking Group plc | 4.976% | 8/11/33 | 8,651 | 8,286 | ||
Lloyds Banking Group plc | 7.953% | 11/15/33 | 7,465 | 8,254 | ||
Loews Corp. | 3.200% | 5/15/30 | 3,231 | 2,904 | ||
M&T Bank Corp. | 5.053% | 1/27/34 | 7,640 | 7,069 | ||
Manulife Financial Corp. | 3.703% | 3/16/32 | 4,890 | 4,515 | ||
Markel Corp. | 3.350% | 9/17/29 | 2,500 | 2,266 | ||
Marsh & McLennan Cos. Inc. | 4.375% | 3/15/29 | 15,606 | 15,499 | ||
Marsh & McLennan Cos. Inc. | 2.250% | 11/15/30 | 6,606 | 5,574 | ||
Marsh & McLennan Cos. Inc. | 2.375% | 12/15/31 | 3,715 | 3,072 | ||
Marsh & McLennan Cos. Inc. | 5.750% | 11/1/32 | 4,880 | 5,233 | ||
Mastercard Inc. | 2.950% | 6/1/29 | 10,489 | 9,741 | ||
Mastercard Inc. | 3.350% | 3/26/30 | 13,635 | 12,978 | ||
Mastercard Inc. | 1.900% | 3/15/31 | 2,660 | 2,257 | ||
Mastercard Inc. | 2.000% | 11/18/31 | 6,354 | 5,362 | ||
Mastercard Inc. | 4.850% | 3/9/33 | 6,000 | 6,232 | ||
MetLife Inc. | 4.550% | 3/23/30 | 7,195 | 7,087 | ||
MetLife Inc. | 6.500% | 12/15/32 | 5,477 | 6,095 | ||
Mitsubishi UFJ Financial Group Inc. | 3.961% | 3/2/28 | 12,036 | 11,595 | ||
Mitsubishi UFJ Financial Group Inc. | 4.050% | 9/11/28 | 4,898 | 4,774 | ||
Mitsubishi UFJ Financial Group Inc. | 3.741% | 3/7/29 | 13,516 | 12,647 | ||
Mitsubishi UFJ Financial Group Inc. | 3.195% | 7/18/29 | 13,901 | 12,414 | ||
Mitsubishi UFJ Financial Group Inc. | 2.559% | 2/25/30 | 8,610 | 7,323 | ||
Mitsubishi UFJ Financial Group Inc. | 2.048% | 7/17/30 | 7,790 | 6,347 | ||
Mitsubishi UFJ Financial Group Inc. | 2.309% | 7/20/32 | 26,705 | 21,397 | ||
Mitsubishi UFJ Financial Group Inc. | 2.852% | 1/19/33 | 3,930 | 3,244 | ||
Mitsubishi UFJ Financial Group Inc. | 4.315% | 4/19/33 | 4,422 | 4,075 | ||
Mitsubishi UFJ Financial Group Inc. | 5.133% | 7/20/33 | 18,150 | 17,903 |
Coupon | Maturity Date | Face Amount ($000) | Market Value ($000) | |||
Mitsubishi UFJ Financial Group Inc. | 5.441% | 2/22/34 | 6,628 | 6,697 | ||
Mizuho Financial Group Inc. | 5.667% | 5/27/29 | 8,000 | 8,106 | ||
2 | Mizuho Financial Group Inc. | 4.254% | 9/11/29 | 6,244 | 5,895 | |
2 | Mizuho Financial Group Inc. | 3.153% | 7/16/30 | 6,735 | 5,921 | |
2 | Mizuho Financial Group Inc. | 2.869% | 9/13/30 | 6,096 | 5,253 | |
2 | Mizuho Financial Group Inc. | 2.591% | 5/25/31 | 3,500 | 2,912 | |
Mizuho Financial Group Inc. | 5.739% | 5/27/31 | 4,062 | 4,144 | ||
2 | Mizuho Financial Group Inc. | 2.201% | 7/10/31 | 12,145 | 9,879 | |
2 | Mizuho Financial Group Inc. | 1.979% | 9/8/31 | 8,902 | 7,027 | |
Mizuho Financial Group Inc. | 2.564% | 9/13/31 | 6,593 | 5,190 | ||
Mizuho Financial Group Inc. | 2.260% | 7/9/32 | 1,173 | 924 | ||
Mizuho Financial Group Inc. | 5.669% | 9/13/33 | 7,051 | 7,161 | ||
2 | Morgan Stanley | 3.772% | 1/24/29 | 8,567 | 8,117 | |
2 | Morgan Stanley | 4.431% | 1/23/30 | 27,479 | 26,448 | |
2 | Morgan Stanley | 2.699% | 1/22/31 | 27,405 | 23,593 | |
2 | Morgan Stanley | 3.622% | 4/1/31 | 26,158 | 23,947 | |
2 | Morgan Stanley | 1.794% | 2/13/32 | 15,615 | 12,260 | |
2 | Morgan Stanley | 1.928% | 4/28/32 | 12,690 | 10,034 | |
2 | Morgan Stanley | 2.239% | 7/21/32 | 32,127 | 25,843 | |
2 | Morgan Stanley | 2.511% | 10/20/32 | 22,412 | 18,344 | |
Morgan Stanley | 2.943% | 1/21/33 | 15,287 | 12,957 | ||
Morgan Stanley | 4.889% | 7/20/33 | 15,439 | 15,154 | ||
Morgan Stanley | 6.342% | 10/18/33 | 30,720 | 33,586 | ||
Morgan Stanley | 2.484% | 9/16/36 | 24,098 | 18,225 | ||
Morgan Stanley | 5.297% | 4/20/37 | 15,625 | 14,727 | ||
Morgan Stanley | 5.948% | 1/19/38 | 15,234 | 15,115 | ||
Morgan Stanley Domestic Holdings Inc. | 4.500% | 6/20/28 | 3,806 | 3,762 | ||
Nasdaq Inc. | 1.650% | 1/15/31 | 2,722 | 2,159 | ||
2 | NatWest Group plc | 4.892% | 5/18/29 | 17,720 | 17,047 | |
2 | NatWest Group plc | 5.076% | 1/27/30 | 13,239 | 12,859 | |
2 | NatWest Group plc | 4.445% | 5/8/30 | 8,455 | 7,919 | |
NatWest Group plc | 6.016% | 3/2/34 | 2,409 | 2,492 | ||
2 | NatWest Group plc | 3.032% | 11/28/35 | 3,597 | 2,745 | |
Nomura Holdings Inc. | 2.172% | 7/14/28 | 6,463 | 5,406 | ||
Nomura Holdings Inc. | 2.710% | 1/22/29 | 3,980 | 3,376 | ||
Nomura Holdings Inc. | 5.605% | 7/6/29 | 5,195 | 5,122 | ||
Nomura Holdings Inc. | 3.103% | 1/16/30 | 17,645 | 14,891 | ||
Nomura Holdings Inc. | 2.679% | 7/16/30 | 4,450 | 3,598 | ||
Nomura Holdings Inc. | 2.608% | 7/14/31 | 3,170 | 2,485 | ||
Nomura Holdings Inc. | 2.999% | 1/22/32 | 6,325 | 5,061 | ||
Nomura Holdings Inc. | 6.181% | 1/18/33 | 4,425 | 4,493 | ||
Northern Trust Corp. | 3.650% | 8/3/28 | 5,775 | 5,527 | ||
Northern Trust Corp. | 3.150% | 5/3/29 | 4,683 | 4,318 | ||
Northern Trust Corp. | 1.950% | 5/1/30 | 2,776 | 2,316 | ||
Northern Trust Corp. | 6.125% | 11/2/32 | 9,550 | 10,176 | ||
ORIX Corp. | 2.250% | 3/9/31 | 4,550 | 3,708 | ||
ORIX Corp. | 4.000% | 4/13/32 | 3,683 | 3,380 | ||
ORIX Corp. | 5.200% | 9/13/32 | 3,769 | 3,783 | ||
Owl Rock Capital Corp. | 2.875% | 6/11/28 | 5,295 | 4,296 | ||
PartnerRe Finance B LLC | 3.700% | 7/2/29 | 3,965 | 3,696 | ||
PartnerRe Finance B LLC | 4.500% | 10/1/50 | 3,750 | 3,139 | ||
2 | PNC Bank NA | 4.050% | 7/26/28 | 13,023 | 12,320 | |
2 | PNC Bank NA | 2.700% | 10/22/29 | 6,265 | 5,381 | |
PNC Financial Services Group Inc. | 3.450% | 4/23/29 | 17,920 | 16,629 | ||
PNC Financial Services Group Inc. | 2.550% | 1/22/30 | 9,316 | 7,947 | ||
PNC Financial Services Group Inc. | 4.626% | 6/6/33 | 2,125 | 1,969 | ||
PNC Financial Services Group Inc. | 6.037% | 10/28/33 | 17,357 | 18,273 | ||
PNC Financial Services Group Inc. | 5.068% | 1/24/34 | 5,000 | 4,936 | ||
Primerica Inc. | 2.800% | 11/19/31 | 5,000 | 4,210 | ||
Principal Financial Group Inc. | 3.700% | 5/15/29 | 3,296 | 3,124 |
Coupon | Maturity Date | Face Amount ($000) | Market Value ($000) | |||
Principal Financial Group Inc. | 2.125% | 6/15/30 | 3,653 | 3,045 | ||
Principal Financial Group Inc. | 5.375% | 3/15/33 | 3,000 | 3,001 | ||
Progressive Corp. | 3.200% | 3/26/30 | 9,362 | 8,575 | ||
Progressive Corp. | 3.000% | 3/15/32 | 1,895 | 1,694 | ||
2 | Prudential Financial Inc. | 3.878% | 3/27/28 | 2,461 | 2,380 | |
2 | Prudential Financial Inc. | 2.100% | 3/10/30 | 2,070 | ���1,758 | |
2 | Prudential Financial Inc. | 5.700% | 9/15/48 | 5,042 | 4,668 | |
2 | Prudential Financial Inc. | 3.700% | 10/1/50 | 9,411 | 7,715 | |
Prudential Financial Inc. | 5.125% | 3/1/52 | 6,436 | 5,705 | ||
Prudential Financial Inc. | 6.000% | 9/1/52 | 7,647 | 7,165 | ||
Prudential Funding Asia plc | 3.125% | 4/14/30 | 5,360 | 4,729 | ||
Prudential Funding Asia plc | 3.625% | 3/24/32 | 2,700 | 2,456 | ||
Raymond James Financial Inc. | 4.650% | 4/1/30 | 9,140 | 9,020 | ||
Regions Financial Corp. | 1.800% | 8/12/28 | 5,435 | 4,456 | ||
Reinsurance Group of America Inc. | 3.900% | 5/15/29 | 6,259 | 5,864 | ||
Reinsurance Group of America Inc. | 3.150% | 6/15/30 | 5,100 | 4,475 | ||
RenaissanceRe Holdings Ltd. | 3.600% | 4/15/29 | 3,185 | 2,940 | ||
2 | Royal Bank of Canada | 2.300% | 11/3/31 | 19,584 | 16,222 | |
Royal Bank of Canada | 3.875% | 5/4/32 | 550 | 512 | ||
2 | Royal Bank of Canada | 5.000% | 2/1/33 | 18,782 | 19,004 | |
Santander UK Group Holdings plc | 2.896% | 3/15/32 | 7,950 | 6,448 | ||
2 | State Street Corp. | 4.141% | 12/3/29 | 5,676 | 5,444 | |
State Street Corp. | 2.400% | 1/24/30 | 12,741 | 11,050 | ||
State Street Corp. | 2.200% | 3/3/31 | 7,224 | 5,947 | ||
State Street Corp. | 3.152% | 3/30/31 | 1,915 | 1,709 | ||
State Street Corp. | 4.164% | 8/4/33 | 7,487 | 7,047 | ||
State Street Corp. | 4.821% | 1/26/34 | 6,040 | 6,002 | ||
2 | State Street Corp. | 3.031% | 11/1/34 | 4,164 | 3,602 | |
Stewart Information Services Corp. | 3.600% | 11/15/31 | 3,630 | 2,856 | ||
Stifel Financial Corp. | 4.000% | 5/15/30 | 4,248 | 3,722 | ||
Sumitomo Mitsui Financial Group Inc. | 3.544% | 1/17/28 | 4,137 | 3,832 | ||
Sumitomo Mitsui Financial Group Inc. | 3.944% | 7/19/28 | 7,995 | 7,537 | ||
Sumitomo Mitsui Financial Group Inc. | 4.306% | 10/16/28 | 2,715 | 2,629 | ||
Sumitomo Mitsui Financial Group Inc. | 3.040% | 7/16/29 | 19,705 | 17,428 | ||
Sumitomo Mitsui Financial Group Inc. | 3.202% | 9/17/29 | 5,464 | 4,775 | ||
Sumitomo Mitsui Financial Group Inc. | 2.724% | 9/27/29 | 9,315 | 8,021 | ||
Sumitomo Mitsui Financial Group Inc. | 2.750% | 1/15/30 | 22,280 | 19,195 | ||
Sumitomo Mitsui Financial Group Inc. | 2.130% | 7/8/30 | 11,444 | 9,314 | ||
Sumitomo Mitsui Financial Group Inc. | 2.142% | 9/23/30 | 7,631 | 6,071 | ||
Sumitomo Mitsui Financial Group Inc. | 2.222% | 9/17/31 | 8,398 | 6,700 | ||
Sumitomo Mitsui Financial Group Inc. | 5.766% | 1/13/33 | 6,469 | 6,760 | ||
Synchrony Financial | 5.150% | 3/19/29 | 8,340 | 7,341 | ||
Synchrony Financial | 2.875% | 10/28/31 | 844 | 602 | ||
2 | Toronto-Dominion Bank | 2.000% | 9/10/31 | 8,039 | 6,470 | |
2 | Toronto-Dominion Bank | 2.450% | 1/12/32 | 6,005 | 4,981 | |
2 | Toronto-Dominion Bank | 3.200% | 3/10/32 | 15,348 | 13,500 | |
Toronto-Dominion Bank | 4.456% | 6/8/32 | 17,173 | 16,637 | ||
2 | Truist Bank | 2.250% | 3/11/30 | 10,287 | 8,444 | |
2 | Truist Financial Corp. | 3.875% | 3/19/29 | 7,298 | 6,572 | |
2 | Truist Financial Corp. | 1.950% | 6/5/30 | 8,600 | 6,940 | |
2 | Truist Financial Corp. | 4.916% | 7/28/33 | 5,200 | 4,847 | |
2 | Truist Financial Corp. | 6.123% | 10/28/33 | 10,050 | 10,529 | |
2 | Truist Financial Corp. | 5.122% | 1/26/34 | 7,800 | 7,598 | |
Unum Group | 4.000% | 6/15/29 | 2,345 | 2,193 | ||
2 | US Bancorp | 3.900% | 4/26/28 | 4,605 | 4,406 | |
2 | US Bancorp | 3.000% | 7/30/29 | 7,671 | 6,694 | |
2 | US Bancorp | 1.375% | 7/22/30 | 7,928 | 6,208 | |
2 | US Bancorp | 2.677% | 1/27/33 | 3,560 | 2,946 | |
2 | US Bancorp | 4.967% | 7/22/33 | 10,139 | 9,615 | |
US Bancorp | 5.850% | 10/21/33 | 14,255 | 14,895 |
Coupon | Maturity Date | Face Amount ($000) | Market Value ($000) | |||
US Bancorp | 4.839% | 2/1/34 | 14,757 | 14,306 | ||
US Bancorp | 2.491% | 11/3/36 | 9,712 | 7,512 | ||
Visa Inc. | 2.050% | 4/15/30 | 10,580 | 9,236 | ||
Visa Inc. | 1.100% | 2/15/31 | 8,800 | 7,027 | ||
Webster Financial Corp. | 4.100% | 3/25/29 | 2,575 | 2,330 | ||
2 | Wells Fargo & Co. | 4.150% | 1/24/29 | 16,878 | 16,147 | |
2 | Wells Fargo & Co. | 2.879% | 10/30/30 | 32,260 | 27,995 | |
2 | Wells Fargo & Co. | 2.572% | 2/11/31 | 24,506 | 20,792 | |
2 | Wells Fargo & Co. | 4.478% | 4/4/31 | 27,125 | 25,965 | |
2 | Wells Fargo & Co. | 3.350% | 3/2/33 | 30,568 | 26,492 | |
2 | Wells Fargo & Co. | 4.897% | 7/25/33 | 23,909 | 23,321 | |
Western Union Co. | 2.750% | 3/15/31 | 3,000 | 2,396 | ||
Westpac Banking Corp. | 1.150% | 6/3/26 | 83 | 74 | ||
Westpac Banking Corp. | 3.400% | 1/25/28 | 2,477 | 2,354 | ||
Westpac Banking Corp. | 1.953% | 11/20/28 | 12,314 | 10,723 | ||
Westpac Banking Corp. | 2.650% | 1/16/30 | 3,205 | 2,858 | ||
Westpac Banking Corp. | 5.405% | 8/10/33 | 2,705 | 2,593 | ||
Westpac Banking Corp. | 4.110% | 7/24/34 | 13,382 | 11,967 | ||
Westpac Banking Corp. | 2.668% | 11/15/35 | 13,725 | 10,707 | ||
Westpac Banking Corp. | 3.020% | 11/18/36 | 11,330 | 8,853 | ||
Willis North America Inc. | 4.500% | 9/15/28 | 4,674 | 4,522 | ||
Willis North America Inc. | 2.950% | 9/15/29 | 4,177 | 3,661 | ||
Wintrust Financial Corp. | 4.850% | 6/6/29 | 2,578 | 2,385 | ||
Zions Bancorp NA | 3.250% | 10/29/29 | 4,352 | 3,038 | ||
3,902,164 | ||||||
Health Care (3.4%) | ||||||
Abbott Laboratories | 1.400% | 6/30/30 | 5,195 | 4,337 | ||
AbbVie Inc. | 4.250% | 11/14/28 | 15,055 | 14,967 | ||
AbbVie Inc. | 3.200% | 11/21/29 | 44,545 | 41,319 | ||
Adventist Health System | 2.952% | 3/1/29 | 2,524 | 2,227 | ||
Adventist Health System | 5.430% | 3/1/32 | 3,000 | 3,015 | ||
Advocate Health & Hospitals Corp. | 3.829% | 8/15/28 | 3,280 | 3,161 | ||
2 | Advocate Health & Hospitals Corp. | 2.211% | 6/15/30 | 2,135 | 1,808 | |
Agilent Technologies Inc. | 2.750% | 9/15/29 | 4,031 | 3,613 | ||
Agilent Technologies Inc. | 2.100% | 6/4/30 | 4,325 | 3,615 | ||
Agilent Technologies Inc. | 2.300% | 3/12/31 | 6,775 | 5,668 | ||
AmerisourceBergen Corp. | 2.800% | 5/15/30 | 3,493 | 3,065 | ||
AmerisourceBergen Corp. | 2.700% | 3/15/31 | 10,742 | 9,209 | ||
Amgen Inc. | 1.650% | 8/15/28 | 7,224 | 6,273 | ||
Amgen Inc. | 4.050% | 8/18/29 | 5,905 | 5,705 | ||
Amgen Inc. | 2.450% | 2/21/30 | 12,616 | 10,993 | ||
Amgen Inc. | 5.250% | 3/2/30 | 25,000 | 25,543 | ||
Amgen Inc. | 2.300% | 2/25/31 | 12,475 | 10,498 | ||
Amgen Inc. | 2.000% | 1/15/32 | 5,931 | 4,831 | ||
Amgen Inc. | 3.350% | 2/22/32 | 10,739 | 9,681 | ||
Amgen Inc. | 5.250% | 3/2/33 | 41,000 | 42,108 | ||
2 | Ascension Health | 2.532% | 11/15/29 | 5,460 | 4,795 | |
AstraZeneca Finance LLC | 1.750% | 5/28/28 | 11,628 | 10,317 | ||
AstraZeneca Finance LLC | 4.900% | 3/3/30 | 12,800 | 13,090 | ||
AstraZeneca Finance LLC | 2.250% | 5/28/31 | 3,032 | 2,605 | ||
AstraZeneca Finance LLC | 4.875% | 3/3/33 | 4,800 | 4,952 | ||
AstraZeneca plc | 4.000% | 1/17/29 | 8,631 | 8,505 | ||
AstraZeneca plc | 1.375% | 8/6/30 | 16,544 | 13,491 | ||
Banner Health | 2.338% | 1/1/30 | 2,875 | 2,487 | ||
Banner Health | 1.897% | 1/1/31 | 2,250 | 1,842 | ||
Baxter International Inc. | 2.272% | 12/1/28 | 11,755 | 10,211 | ||
Baxter International Inc. | 3.950% | 4/1/30 | 4,955 | 4,613 | ||
Baxter International Inc. | 1.730% | 4/1/31 | 5,350 | 4,183 | ||
Baxter International Inc. | 2.539% | 2/1/32 | 13,643 | 11,115 |
Coupon | Maturity Date | Face Amount ($000) | Market Value ($000) | |||
2 | Baylor Scott & White Holdings | 1.777% | 11/15/30 | 1,092 | 885 | |
Becton Dickinson & Co. | 2.823% | 5/20/30 | 2,374 | 2,117 | ||
Becton Dickinson & Co. | 1.957% | 2/11/31 | 4,547 | 3,739 | ||
Becton Dickinson & Co. | 4.298% | 8/22/32 | 6,380 | 6,180 | ||
Biogen Inc. | 2.250% | 5/1/30 | 6,461 | 5,438 | ||
Bio-Rad Laboratories Inc. | 3.700% | 3/15/32 | 6,350 | 5,754 | ||
2 | Bon Secours Mercy Health Inc. | 4.302% | 7/1/28 | 2,590 | 2,493 | |
2 | Bon Secours Mercy Health Inc. | 3.464% | 6/1/30 | 4,489 | 4,034 | |
Boston Scientific Corp. | 2.650% | 6/1/30 | 7,840 | 6,929 | ||
Bristol-Myers Squibb Co. | 3.400% | 7/26/29 | 10,348 | 9,825 | ||
Bristol-Myers Squibb Co. | 1.450% | 11/13/30 | 9,975 | 8,157 | ||
Bristol-Myers Squibb Co. | 2.950% | 3/15/32 | 15,245 | 13,747 | ||
2 | Cedars-Sinai Health System | 2.288% | 8/15/31 | 2,301 | 1,942 | |
Centene Corp. | 2.450% | 7/15/28 | 16,860 | 14,664 | ||
Centene Corp. | 4.625% | 12/15/29 | 20,610 | 19,390 | ||
Centene Corp. | 3.375% | 2/15/30 | 7,725 | 6,765 | ||
Centene Corp. | 3.000% | 10/15/30 | 17,650 | 14,855 | ||
Centene Corp. | 2.500% | 3/1/31 | 22,018 | 17,820 | ||
Centene Corp. | 2.625% | 8/1/31 | 21,193 | 17,180 | ||
2 | CHRISTUS Health | 4.341% | 7/1/28 | 3,110 | 3,026 | |
Cigna Group | 4.375% | 10/15/28 | 19,759 | 19,463 | ||
Cigna Group | 2.400% | 3/15/30 | 13,163 | 11,420 | ||
Cigna Group | 2.375% | 3/15/31 | 17,182 | 14,518 | ||
CommonSpirit Health | 3.347% | 10/1/29 | 8,904 | 8,010 | ||
CommonSpirit Health | 2.782% | 10/1/30 | 2,300 | 1,962 | ||
CVS Health Corp. | 6.250% | 6/1/27 | 1,090 | 1,151 | ||
CVS Health Corp. | 3.250% | 8/15/29 | 13,119 | 11,999 | ||
CVS Health Corp. | 5.125% | 2/21/30 | 12,495 | 12,653 | ||
CVS Health Corp. | 3.750% | 4/1/30 | 8,828 | 8,258 | ||
CVS Health Corp. | 1.750% | 8/21/30 | 9,290 | 7,552 | ||
CVS Health Corp. | 1.875% | 2/28/31 | 14,016 | 11,354 | ||
CVS Health Corp. | 2.125% | 9/15/31 | 5,680 | 4,636 | ||
CVS Health Corp. | 5.250% | 2/21/33 | 15,780 | 16,073 | ||
DENTSPLY SIRONA Inc. | 3.250% | 6/1/30 | 6,325 | 5,608 | ||
DH Europe Finance II Sarl | 2.600% | 11/15/29 | 5,354 | 4,790 | ||
Edwards Lifesciences Corp. | 4.300% | 6/15/28 | 4,794 | 4,774 | ||
Elevance Health Inc. | 2.875% | 9/15/29 | 10,165 | 9,216 | ||
Elevance Health Inc. | 2.250% | 5/15/30 | 14,019 | 12,034 | ||
Elevance Health Inc. | 2.550% | 3/15/31 | 11,564 | 9,941 | ||
Elevance Health Inc. | 5.500% | 10/15/32 | 3,300 | 3,467 | ||
Elevance Health Inc. | 4.750% | 2/15/33 | 7,793 | 7,834 | ||
Eli Lilly & Co. | 3.375% | 3/15/29 | 3,861 | 3,690 | ||
Eli Lilly & Co. | 4.700% | 2/27/33 | 7,695 | 7,886 | ||
4 | GE HealthCare Technologies Inc. | 5.857% | 3/15/30 | 5,050 | 5,284 | |
4 | GE HealthCare Technologies Inc. | 5.905% | 11/22/32 | 15,075 | 16,027 | |
GlaxoSmithKline Capital Inc. | 3.875% | 5/15/28 | 13,164 | 12,922 | ||
GlaxoSmithKline Capital plc | 3.375% | 6/1/29 | 7,525 | 7,149 | ||
HCA Inc. | 5.625% | 9/1/28 | 11,840 | 11,980 | ||
HCA Inc. | 5.875% | 2/1/29 | 6,825 | 6,971 | ||
4 | HCA Inc. | 3.375% | 3/15/29 | 2,945 | 2,659 | |
HCA Inc. | 4.125% | 6/15/29 | 18,600 | 17,467 | ||
HCA Inc. | 3.500% | 9/1/30 | 19,285 | 17,180 | ||
HCA Inc. | 2.375% | 7/15/31 | 9,905 | 7,986 | ||
4 | HCA Inc. | 3.625% | 3/15/32 | 13,595 | 11,957 | |
Humana Inc. | 5.750% | 3/1/28 | 3,600 | 3,741 | ||
Humana Inc. | 3.125% | 8/15/29 | 4,186 | 3,788 | ||
Humana Inc. | 4.875% | 4/1/30 | 3,250 | 3,270 | ||
Humana Inc. | 2.150% | 2/3/32 | 10,405 | 8,417 | ||
Humana Inc. | 5.875% | 3/1/33 | 5,000 | 5,380 | ||
Illumina Inc. | 2.550% | 3/23/31 | 4,465 | 3,691 |
Coupon | Maturity Date | Face Amount ($000) | Market Value ($000) | |||
Johnson & Johnson | 1.300% | 9/1/30 | 8,163 | 6,842 | ||
Laboratory Corp. of America Holdings | 2.950% | 12/1/29 | 6,415 | 5,735 | ||
Medtronic Global Holdings SCA | 4.500% | 3/30/33 | 7,500 | 7,506 | ||
Merck & Co. Inc. | 3.400% | 3/7/29 | 14,692 | 14,124 | ||
Merck & Co. Inc. | 1.450% | 6/24/30 | 9,225 | 7,623 | ||
Merck & Co. Inc. | 2.150% | 12/10/31 | 18,755 | 15,844 | ||
Mylan Inc. | 4.550% | 4/15/28 | 3,215 | 3,085 | ||
Novartis Capital Corp. | 2.200% | 8/14/30 | 9,480 | 8,317 | ||
2 | Ochsner LSU Health System of North Louisiana | 2.510% | 5/15/31 | 3,000 | 2,242 | |
OhioHealth Corp. | 2.297% | 11/15/31 | 2,520 | 2,089 | ||
PerkinElmer Inc. | 1.900% | 9/15/28 | 4,882 | 4,182 | ||
PerkinElmer Inc. | 3.300% | 9/15/29 | 7,276 | 6,506 | ||
PerkinElmer Inc. | 2.550% | 3/15/31 | 1,754 | 1,446 | ||
PerkinElmer Inc. | 2.250% | 9/15/31 | 4,281 | 3,431 | ||
Pfizer Inc. | 3.600% | 9/15/28 | 1,732 | 1,697 | ||
Pfizer Inc. | 3.450% | 3/15/29 | 14,032 | 13,549 | ||
Pfizer Inc. | 2.625% | 4/1/30 | 10,185 | 9,188 | ||
Pfizer Inc. | 1.700% | 5/28/30 | 7,380 | 6,211 | ||
Pfizer Inc. | 1.750% | 8/18/31 | 13,824 | 11,398 | ||
Pharmacia LLC | 6.600% | 12/1/28 | 5,076 | 5,672 | ||
2 | Piedmont Healthcare Inc. | 2.044% | 1/1/32 | 1,300 | 1,040 | |
2 | Providence St. Joseph Health Obligated Group | 2.532% | 10/1/29 | 3,856 | 3,314 | |
Quest Diagnostics Inc. | 4.200% | 6/30/29 | 4,940 | 4,854 | ||
Quest Diagnostics Inc. | 2.950% | 6/30/30 | 4,273 | 3,823 | ||
Quest Diagnostics Inc. | 2.800% | 6/30/31 | 2,118 | 1,844 | ||
Regeneron Pharmaceuticals Inc. | 1.750% | 9/15/30 | 12,079 | 9,751 | ||
Royalty Pharma plc | 2.200% | 9/2/30 | 8,296 | 6,769 | ||
Royalty Pharma plc | 2.150% | 9/2/31 | 5,358 | 4,241 | ||
2 | Rush Obligated Group | 3.922% | 11/15/29 | 3,150 | 2,926 | |
Sanofi | 3.625% | 6/19/28 | 7,731 | 7,555 | ||
Smith & Nephew plc | 2.032% | 10/14/30 | 8,132 | 6,595 | ||
2 | Stanford Health Care | 3.310% | 8/15/30 | 2,687 | 2,447 | |
STERIS Irish FinCo Unltd. Co. | 2.700% | 3/15/31 | 5,744 | 4,805 | ||
Stryker Corp. | 3.650% | 3/7/28 | 4,202 | 4,044 | ||
2 | Sutter Health | 3.695% | 8/15/28 | 3,405 | 3,228 | |
2 | Sutter Health | 2.294% | 8/15/30 | 6,025 | 5,063 | |
Takeda Pharmaceutical Co. Ltd. | 5.000% | 11/26/28 | 11,167 | 11,292 | ||
Takeda Pharmaceutical Co. Ltd. | 2.050% | 3/31/30 | 23,500 | 19,831 | ||
Thermo Fisher Scientific Inc. | 1.750% | 10/15/28 | 5,111 | 4,492 | ||
Thermo Fisher Scientific Inc. | 2.600% | 10/1/29 | 3,276 | 2,957 | ||
Thermo Fisher Scientific Inc. | 2.000% | 10/15/31 | 20,025 | 16,651 | ||
Thermo Fisher Scientific Inc. | 4.950% | 11/21/32 | 6,225 | 6,459 | ||
UnitedHealth Group Inc. | 2.950% | 10/15/27 | 618 | 584 | ||
UnitedHealth Group Inc. | 3.850% | 6/15/28 | 3,515 | 3,436 | ||
UnitedHealth Group Inc. | 3.875% | 12/15/28 | 8,826 | 8,648 | ||
UnitedHealth Group Inc. | 4.250% | 1/15/29 | 10,594 | 10,517 | ||
UnitedHealth Group Inc. | 4.000% | 5/15/29 | 565 | 553 | ||
UnitedHealth Group Inc. | 2.875% | 8/15/29 | 7,876 | 7,210 | ||
UnitedHealth Group Inc. | 2.000% | 5/15/30 | 7,448 | 6,364 | ||
UnitedHealth Group Inc. | 2.300% | 5/15/31 | 17,188 | 14,732 | ||
UnitedHealth Group Inc. | 4.200% | 5/15/32 | 19,259 | 18,848 | ||
UnitedHealth Group Inc. | 5.350% | 2/15/33 | 11,208 | 11,912 | ||
UnitedHealth Group Inc. | 4.500% | 4/15/33 | 3,000 | 2,982 | ||
Universal Health Services Inc. | 2.650% | 10/15/30 | 8,895 | 7,131 | ||
Viatris Inc. | 2.700% | 6/22/30 | 5,388 | 4,391 | ||
Zimmer Biomet Holdings Inc. | 2.600% | 11/24/31 | 6,774 | 5,654 | ||
Zoetis Inc. | 3.900% | 8/20/28 | 6,967 | 6,776 | ||
Zoetis Inc. | 2.000% | 5/15/30 | 1,764 | 1,484 |
Coupon | Maturity Date | Face Amount ($000) | Market Value ($000) | |||
Zoetis Inc. | 5.600% | 11/16/32 | 5,275 | 5,628 | ||
1,200,458 | ||||||
Industrials (2.6%) | ||||||
2 | 3M Co. | 3.625% | 9/14/28 | 5,775 | 5,563 | |
2 | 3M Co. | 3.375% | 3/1/29 | 4,400 | 4,148 | |
3M Co. | 2.375% | 8/26/29 | 10,097 | 8,924 | ||
3M Co. | 3.050% | 4/15/30 | 3,315 | 3,029 | ||
Acuity Brands Lighting Inc. | 2.150% | 12/15/30 | 4,573 | 3,726 | ||
Allegion plc | 3.500% | 10/1/29 | 3,645 | 3,298 | ||
Allegion US Holding Co. Inc. | 5.411% | 7/1/32 | 3,756 | 3,768 | ||
2 | American Airlines Pass-Through Trust Class A Series 2021-1 | 2.875% | 7/11/34 | 5,839 | 4,787 | |
2 | American Airlines Pass-Through Trust Class AA Series 2016-1 | 3.575% | 1/15/28 | 1,412 | 1,296 | |
2 | American Airlines Pass-Through Trust Class AA Series 2016-2 | 3.200% | 6/15/28 | 3,598 | 3,212 | |
2 | American Airlines Pass-Through Trust Class AA Series 2016-3 | 3.000% | 10/15/28 | 3,125 | 2,778 | |
2 | American Airlines Pass-Through Trust Class AA Series 2017-1 | 3.650% | 2/15/29 | 923 | 844 | |
2 | American Airlines Pass-Through Trust Class AA Series 2017-2 | 3.350% | 10/15/29 | 4,161 | 3,710 | |
2 | American Airlines Pass-Through Trust Class AA Series 2019-1 | 3.150% | 2/15/32 | 2,512 | 2,184 | |
Amphenol Corp. | 4.350% | 6/1/29 | 2,112 | 2,107 | ||
Amphenol Corp. | 2.800% | 2/15/30 | 10,908 | 9,821 | ||
Amphenol Corp. | 2.200% | 9/15/31 | 3,724 | 3,092 | ||
2 | BNSF Funding Trust I | 6.613% | 12/15/55 | 100 | 94 | |
Boeing Co. | 3.250% | 2/1/28 | 9,581 | 8,932 | ||
Boeing Co. | 3.450% | 11/1/28 | 7,431 | 6,872 | ||
Boeing Co. | 3.200% | 3/1/29 | 10,371 | 9,445 | ||
Boeing Co. | 2.950% | 2/1/30 | 7,609 | 6,702 | ||
Boeing Co. | 5.150% | 5/1/30 | 25,295 | 25,455 | ||
Boeing Co. | 3.625% | 2/1/31 | 11,893 | 10,869 | ||
Canadian National Railway Co. | 6.900% | 7/15/28 | 3,590 | 4,005 | ||
Canadian National Railway Co. | 3.850% | 8/5/32 | 2,385 | 2,267 | ||
Canadian Pacific Railway Co. | 4.000% | 6/1/28 | 5,570 | 5,479 | ||
Canadian Pacific Railway Co. | 2.050% | 3/5/30 | 6,100 | 5,184 | ||
Canadian Pacific Railway Co. | 2.450% | 12/2/31 | 16,405 | 14,202 | ||
Carlisle Cos. Inc. | 2.200% | 3/1/32 | 4,450 | 3,457 | ||
Carrier Global Corp. | 2.722% | 2/15/30 | 23,815 | 20,918 | ||
Carrier Global Corp. | 2.700% | 2/15/31 | 5,316 | 4,572 | ||
Caterpillar Inc. | 2.600% | 9/19/29 | 4,637 | 4,234 | ||
Caterpillar Inc. | 2.600% | 4/9/30 | 13,865 | 12,427 | ||
CH Robinson Worldwide Inc. | 4.200% | 4/15/28 | 5,450 | 5,269 | ||
2 | CNH Industrial NV | 3.850% | 11/15/27 | 2,039 | 1,960 | |
CSX Corp. | 3.800% | 3/1/28 | 4,889 | 4,770 | ||
CSX Corp. | 4.250% | 3/15/29 | 7,393 | 7,298 | ||
CSX Corp. | 2.400% | 2/15/30 | 570 | 498 | ||
CSX Corp. | 4.100% | 11/15/32 | 7,197 | 6,932 | ||
Deere & Co. | 5.375% | 10/16/29 | 1,540 | 1,636 | ||
Deere & Co. | 3.100% | 4/15/30 | 7,136 | 6,595 | ||
4 | Delta Air Lines Inc. | 4.750% | 10/20/28 | 7,000 | 6,715 | |
2 | Delta Air Lines Pass-Through Trust Class AA Series 2020-1 | 2.000% | 6/10/28 | 5,954 | 5,228 | |
Dover Corp. | 2.950% | 11/4/29 | 2,065 | 1,843 | ||
Eaton Corp. | 4.000% | 11/2/32 | 5,510 | 5,250 | ||
Eaton Corp. | 4.150% | 3/15/33 | 10,889 | 10,494 | ||
Emerson Electric Co. | 2.000% | 12/21/28 | 8,805 | 7,802 | ||
Emerson Electric Co. | 1.950% | 10/15/30 | 3,525 | 2,966 | ||
Emerson Electric Co. | 2.200% | 12/21/31 | 14,900 | 12,590 |
Coupon | Maturity Date | Face Amount ($000) | Market Value ($000) | |||
FedEx Corp. | 3.400% | 2/15/28 | 5,196 | 4,923 | ||
FedEx Corp. | 4.200% | 10/17/28 | 2,155 | 2,119 | ||
FedEx Corp. | 3.100% | 8/5/29 | 7,945 | 7,300 | ||
FedEx Corp. | 4.250% | 5/15/30 | 7,104 | 6,918 | ||
FedEx Corp. | 2.400% | 5/15/31 | 4,934 | 4,202 | ||
Flowserve Corp. | 3.500% | 10/1/30 | 4,785 | 4,152 | ||
General Dynamics Corp. | 3.750% | 5/15/28 | 7,298 | 7,133 | ||
General Dynamics Corp. | 3.625% | 4/1/30 | 9,793 | 9,380 | ||
General Dynamics Corp. | 2.250% | 6/1/31 | 3,750 | 3,230 | ||
Honeywell International Inc. | 4.950% | 2/15/28 | 2,095 | 2,167 | ||
Honeywell International Inc. | 2.700% | 8/15/29 | 5,529 | 5,095 | ||
Honeywell International Inc. | 1.950% | 6/1/30 | 10,569 | 9,039 | ||
Honeywell International Inc. | 1.750% | 9/1/31 | 4,199 | 3,446 | ||
Honeywell International Inc. | 5.000% | 2/15/33 | 13,095 | 13,773 | ||
Huntington Ingalls Industries Inc. | 3.483% | 12/1/27 | 2,727 | 2,547 | ||
Huntington Ingalls Industries Inc. | 2.043% | 8/16/28 | 4,619 | 3,955 | ||
Huntington Ingalls Industries Inc. | 4.200% | 5/1/30 | 4,354 | 4,087 | ||
IDEX Corp. | 3.000% | 5/1/30 | 4,646 | 4,095 | ||
Jacobs Engineering Group Inc. | 5.900% | 3/1/33 | 1,500 | 1,503 | ||
2 | JetBlue Pass-Through Trust Class A Series 2020-1 | 4.000% | 11/15/32 | 1,239 | 1,137 | |
2 | John Deere Capital Corp. | 4.900% | 3/3/28 | 5,000 | 5,139 | |
2 | John Deere Capital Corp. | 3.450% | 3/7/29 | 6,662 | 6,416 | |
2 | John Deere Capital Corp. | 2.800% | 7/18/29 | 4,868 | 4,449 | |
2 | John Deere Capital Corp. | 2.450% | 1/9/30 | 7,835 | 6,970 | |
John Deere Capital Corp. | 1.450% | 1/15/31 | 3,926 | 3,172 | ||
2 | John Deere Capital Corp. | 3.900% | 6/7/32 | 17,193 | 16,557 | |
2 | John Deere Capital Corp. | 4.350% | 9/15/32 | 4,465 | 4,459 | |
Johnson Controls International plc | 1.750% | 9/15/30 | 2,495 | 2,054 | ||
Johnson Controls International plc | 2.000% | 9/16/31 | 3,349 | 2,727 | ||
Johnson Controls International plc | 4.900% | 12/1/32 | 2,500 | 2,533 | ||
Kansas City Southern | 2.875% | 11/15/29 | 3,580 | 3,209 | ||
Kennametal Inc. | 4.625% | 6/15/28 | 2,249 | 2,173 | ||
Kennametal Inc. | 2.800% | 3/1/31 | 315 | 259 | ||
Keysight Technologies Inc. | 3.000% | 10/30/29 | 3,652 | 3,230 | ||
Kirby Corp. | 4.200% | 3/1/28 | 5,070 | 4,769 | ||
L3Harris Technologies Inc. | 4.400% | 6/15/28 | 3,891 | 3,815 | ||
2 | L3Harris Technologies Inc. | 4.400% | 6/15/28 | 14,171 | 13,947 | |
L3Harris Technologies Inc. | 1.800% | 1/15/31 | 4,725 | 3,818 | ||
Lockheed Martin Corp. | 1.850% | 6/15/30 | 7,512 | 6,378 | ||
Lockheed Martin Corp. | 3.900% | 6/15/32 | 5,625 | 5,453 | ||
Lockheed Martin Corp. | 5.250% | 1/15/33 | 9,100 | 9,705 | ||
4 | Mileage Plus Holdings LLC | 6.500% | 6/20/27 | 1,700 | 1,696 | |
Norfolk Southern Corp. | 3.800% | 8/1/28 | 6,098 | 5,871 | ||
Norfolk Southern Corp. | 2.550% | 11/1/29 | 4,125 | 3,632 | ||
Norfolk Southern Corp. | 2.300% | 5/15/31 | 2,045 | 1,717 | ||
Northrop Grumman Corp. | 4.400% | 5/1/30 | 7,719 | 7,672 | ||
Northrop Grumman Corp. | 4.700% | 3/15/33 | 7,520 | 7,595 | ||
nVent Finance Sarl | 4.550% | 4/15/28 | 3,799 | 3,625 | ||
nVent Finance Sarl | 2.750% | 11/15/31 | 1,580 | 1,296 | ||
Oshkosh Corp. | 4.600% | 5/15/28 | 3,100 | 3,063 | ||
Oshkosh Corp. | 3.100% | 3/1/30 | 2,050 | 1,813 | ||
Otis Worldwide Corp. | 2.565% | 2/15/30 | 14,680 | 12,876 | ||
Parker-Hannifin Corp. | 3.250% | 6/14/29 | 11,036 | 10,168 | ||
Parker-Hannifin Corp. | 4.500% | 9/15/29 | 7,925 | 7,873 | ||
Pentair Finance Sarl | 5.900% | 7/15/32 | 3,045 | 3,151 | ||
Raytheon Technologies Corp. | 4.125% | 11/16/28 | 19,297 | 19,016 | ||
Raytheon Technologies Corp. | 2.250% | 7/1/30 | 7,937 | 6,803 | ||
Raytheon Technologies Corp. | 1.900% | 9/1/31 | 8,786 | 7,173 | ||
Raytheon Technologies Corp. | 2.375% | 3/15/32 | 17,274 | 14,506 |
Coupon | Maturity Date | Face Amount ($000) | Market Value ($000) | |||
Raytheon Technologies Corp. | 5.150% | 2/27/33 | 10,320 | 10,724 | ||
4 | Regal Rexnord Corp. | 6.050% | 4/15/28 | 7,000 | 7,026 | |
4 | Regal Rexnord Corp. | 6.300% | 2/15/30 | 8,800 | 8,841 | |
4 | Regal Rexnord Corp. | 6.400% | 4/15/33 | 2,590 | 2,594 | |
Republic Services Inc. | 3.375% | 11/15/27 | 6,103 | 5,828 | ||
Republic Services Inc. | 3.950% | 5/15/28 | 1,241 | 1,207 | ||
Republic Services Inc. | 4.875% | 4/1/29 | 1,500 | 1,515 | ||
Republic Services Inc. | 2.300% | 3/1/30 | 11,348 | 9,832 | ||
Republic Services Inc. | 5.000% | 4/1/34 | 5,000 | 5,083 | ||
Rockwell Automation Inc. | 3.500% | 3/1/29 | 5,040 | 4,829 | ||
Rockwell Automation Inc. | 1.750% | 8/15/31 | 1,355 | 1,109 | ||
Southwest Airlines Co. | 3.000% | 11/15/26 | 1,454 | 1,361 | ||
Southwest Airlines Co. | 3.450% | 11/16/27 | 2,000 | 1,866 | ||
Southwest Airlines Co. | 2.625% | 2/10/30 | 4,650 | 3,954 | ||
2 | Spirit Airlines Pass-Through Trust Class A Series 2015-1 | 4.100% | 4/1/28 | 1,049 | 960 | |
Teledyne Technologies Inc. | 2.250% | 4/1/28 | 7,217 | 6,454 | ||
Teledyne Technologies Inc. | 2.750% | 4/1/31 | 9,711 | 8,291 | ||
Textron Inc. | 3.375% | 3/1/28 | 3,082 | 2,876 | ||
Textron Inc. | 3.900% | 9/17/29 | 3,511 | 3,316 | ||
Textron Inc. | 3.000% | 6/1/30 | 5,560 | 4,970 | ||
Timken Co. | 4.500% | 12/15/28 | 3,705 | 3,623 | ||
Trane Technologies Financing Ltd. | 5.250% | 3/3/33 | 2,805 | 2,900 | ||
Trane Technologies Global Holding Co. Ltd. | 3.750% | 8/21/28 | 3,450 | 3,340 | ||
Trane Technologies Luxembourg Finance SA | 3.800% | 3/21/29 | 5,747 | 5,449 | ||
Trimble Inc. | 4.900% | 6/15/28 | 5,292 | 5,251 | ||
Triton Container International Ltd. | 3.250% | 3/15/32 | 4,930 | 3,902 | ||
Tyco Electronics Group SA | 2.500% | 2/4/32 | 4,965 | 4,246 | ||
Union Pacific Corp. | 2.150% | 2/5/27 | 4,179 | 3,873 | ||
Union Pacific Corp. | 3.950% | 9/10/28 | 10,062 | 9,957 | ||
Union Pacific Corp. | 3.700% | 3/1/29 | 6,090 | 5,915 | ||
Union Pacific Corp. | 2.400% | 2/5/30 | 4,206 | 3,707 | ||
Union Pacific Corp. | 2.375% | 5/20/31 | 1,065 | 920 | ||
Union Pacific Corp. | 2.800% | 2/14/32 | 9,451 | 8,308 | ||
Union Pacific Corp. | 4.500% | 1/20/33 | 2,170 | 2,176 | ||
Union Pacific Corp. | 2.891% | 4/6/36 | 5,000 | 4,117 | ||
2 | United Airlines Pass-Through Trust Class A Series 2016-1 | 3.450% | 7/7/28 | 2,129 | 1,842 | |
2 | United Airlines Pass-Through Trust Class A Series 2016-2 | 3.100% | 10/7/28 | 607 | 521 | |
2 | United Airlines Pass-Through Trust Class A Series 2020-1 | 5.875% | 10/15/27 | 8,149 | 8,096 | |
2 | United Airlines Pass-Through Trust Class AA Series 2015-1 | 3.450% | 12/1/27 | 1,371 | 1,245 | |
2 | United Airlines Pass-Through Trust Class AA Series 2016-1 | 3.100% | 7/7/28 | 2,200 | 2,011 | |
2 | United Airlines Pass-Through Trust Class AA Series 2016-2 | 2.875% | 10/7/28 | 2,764 | 2,442 | |
2 | United Airlines Pass-Through Trust Class AA Series 2019-2 | 2.700% | 5/1/32 | 1,194 | 1,005 | |
United Parcel Service Inc. | 3.400% | 3/15/29 | 9,001 | 8,591 | ||
United Parcel Service Inc. | 2.500% | 9/1/29 | 5,242 | 4,706 | ||
United Parcel Service Inc. | 4.450% | 4/1/30 | 5,964 | 6,031 | ||
United Parcel Service Inc. | 4.875% | 3/3/33 | 5,000 | 5,125 | ||
United Parcel Service of America Inc. | 7.620% | 4/1/30 | 550 | 650 | ||
2 | US Airways Pass-Through Trust Class A Series 2012-1 | 5.900% | 10/1/24 | 226 | 224 | |
Vontier Corp. | 2.400% | 4/1/28 | 5,017 | 4,218 | ||
Vontier Corp. | 2.950% | 4/1/31 | 3,367 | 2,680 | ||
Waste Connections Inc. | 3.500% | 5/1/29 | 5,080 | 4,738 | ||
Waste Connections Inc. | 2.600% | 2/1/30 | 6,390 | 5,628 |
Coupon | Maturity Date | Face Amount ($000) | Market Value ($000) | |||
Waste Connections Inc. | 2.200% | 1/15/32 | 7,680 | 6,300 | ||
Waste Connections Inc. | 3.200% | 6/1/32 | 3,808 | 3,391 | ||
Waste Connections Inc. | 4.200% | 1/15/33 | 5,776 | 5,536 | ||
Waste Management Inc. | 2.000% | 6/1/29 | 2,630 | 2,273 | ||
Waste Management Inc. | 4.625% | 2/15/30 | 2,780 | 2,779 | ||
Waste Management Inc. | 1.500% | 3/15/31 | 11,590 | 9,241 | ||
Waste Management Inc. | 4.150% | 4/15/32 | 5,300 | 5,133 | ||
Waste Management Inc. | 4.625% | 2/15/33 | 2,690 | 2,698 | ||
Westinghouse Air Brake Technologies Corp. | 4.950% | 9/15/28 | 8,934 | 8,774 | ||
Xylem Inc. | 2.250% | 1/30/31 | 2,158 | 1,817 | ||
898,241 | ||||||
Materials (1.2%) | ||||||
Air Products and Chemicals Inc. | 2.050% | 5/15/30 | 7,493 | 6,475 | ||
Albemarle Corp. | 5.050% | 6/1/32 | 4,487 | 4,391 | ||
Amcor Finance USA Inc. | 4.500% | 5/15/28 | 3,145 | 3,097 | ||
2 | Amcor Flexibles North America Inc. | 3.100% | 9/15/26 | 2,700 | 2,540 | |
Amcor Flexibles North America Inc. | 2.630% | 6/19/30 | 9,235 | 7,739 | ||
Amcor Flexibles North America Inc. | 2.690% | 5/25/31 | 4,474 | 3,721 | ||
AngloGold Ashanti Holdings plc | 3.375% | 11/1/28 | 5,350 | 4,747 | ||
AngloGold Ashanti Holdings plc | 3.750% | 10/1/30 | 6,150 | 5,351 | ||
ArcelorMittal SA | 4.250% | 7/16/29 | 3,838 | 3,640 | ||
ArcelorMittal SA | 6.800% | 11/29/32 | 8,105 | 8,507 | ||
4 | Berry Global Inc. | 5.500% | 4/15/28 | 2,340 | 2,333 | |
BHP Billiton Finance USA Ltd. | 4.900% | 2/28/33 | 7,525 | 7,657 | ||
Cabot Corp. | 4.000% | 7/1/29 | 3,010 | 2,812 | ||
Cabot Corp. | 5.000% | 6/30/32 | 1,000 | 976 | ||
Carlisle Cos. Inc. | 3.750% | 12/1/27 | 5,183 | 4,941 | ||
Carlisle Cos. Inc. | 2.750% | 3/1/30 | 6,935 | 5,925 | ||
Celanese US Holdings LLC | 6.330% | 7/15/29 | 2,730 | 2,765 | ||
Celanese US Holdings LLC | 6.379% | 7/15/32 | 7,790 | 7,899 | ||
Dow Chemical Co. | 4.800% | 11/30/28 | 6,242 | 6,283 | ||
Dow Chemical Co. | 7.375% | 11/1/29 | 3,035 | 3,464 | ||
Dow Chemical Co. | 2.100% | 11/15/30 | 6,875 | 5,748 | ||
DuPont de Nemours Inc. | 4.725% | 11/15/28 | 13,516 | 13,640 | ||
Eagle Materials Inc. | 2.500% | 7/1/31 | 5,675 | 4,654 | ||
Eastman Chemical Co. | 4.500% | 12/1/28 | 2,550 | 2,501 | ||
Eastman Chemical Co. | 5.750% | 3/8/33 | 3,750 | 3,816 | ||
Ecolab Inc. | 4.800% | 3/24/30 | 5,135 | 5,238 | ||
Ecolab Inc. | 1.300% | 1/30/31 | 4,600 | 3,649 | ||
Ecolab Inc. | 2.125% | 2/1/32 | 5,145 | 4,298 | ||
EIDP Inc. | 2.300% | 7/15/30 | 5,000 | 4,310 | ||
FMC Corp. | 3.450% | 10/1/29 | 6,805 | 6,184 | ||
Freeport-McMoRan Inc. | 4.125% | 3/1/28 | 4,725 | 4,447 | ||
Freeport-McMoRan Inc. | 4.375% | 8/1/28 | 5,000 | 4,720 | ||
Freeport-McMoRan Inc. | 5.250% | 9/1/29 | 5,000 | 4,934 | ||
Freeport-McMoRan Inc. | 4.250% | 3/1/30 | 5,275 | 4,895 | ||
Freeport-McMoRan Inc. | 4.625% | 8/1/30 | 4,965 | 4,711 | ||
Georgia-Pacific LLC | 7.750% | 11/15/29 | 4,010 | 4,709 | ||
4 | Georgia-Pacific LLC | 2.300% | 4/30/30 | 2,739 | 2,360 | |
Huntsman International LLC | 4.500% | 5/1/29 | 5,823 | 5,470 | ||
Huntsman International LLC | 2.950% | 6/15/31 | 3,400 | 2,789 | ||
International Flavors & Fragrances Inc. | 4.450% | 9/26/28 | 3,035 | 2,902 | ||
Linde Inc. | 1.100% | 8/10/30 | 5,745 | 4,588 | ||
LYB International Finance III LLC | 2.250% | 10/1/30 | 4,630 | 3,822 | ||
Martin Marietta Materials Inc. | 3.500% | 12/15/27 | 3,252 | 3,123 | ||
2 | Martin Marietta Materials Inc. | 2.500% | 3/15/30 | 5,298 | 4,501 | |
Martin Marietta Materials Inc. | 2.400% | 7/15/31 | 5,389 | 4,421 | ||
NewMarket Corp. | 2.700% | 3/18/31 | 3,710 | 3,087 | ||
Newmont Corp. | 2.800% | 10/1/29 | 6,147 | 5,451 |
Coupon | Maturity Date | Face Amount ($000) | Market Value ($000) | |||
Newmont Corp. | 2.250% | 10/1/30 | 7,920 | 6,649 | ||
Newmont Corp. | 2.600% | 7/15/32 | 7,180 | 6,001 | ||
Nucor Corp. | 3.950% | 5/1/28 | 5,118 | 4,935 | ||
Nucor Corp. | 2.700% | 6/1/30 | 4,725 | 4,145 | ||
Nucor Corp. | 3.125% | 4/1/32 | 1,500 | 1,325 | ||
Nutrien Ltd. | 4.200% | 4/1/29 | 3,781 | 3,650 | ||
Nutrien Ltd. | 2.950% | 5/13/30 | 6,143 | 5,401 | ||
Packaging Corp. of America | 3.000% | 12/15/29 | 4,292 | 3,859 | ||
PPG Industries Inc. | 3.750% | 3/15/28 | 2,080 | 1,999 | ||
PPG Industries Inc. | 2.800% | 8/15/29 | 1,503 | 1,334 | ||
PPG Industries Inc. | 2.550% | 6/15/30 | 5,225 | 4,522 | ||
Reliance Steel & Aluminum Co. | 2.150% | 8/15/30 | 4,000 | 3,360 | ||
Rio Tinto Finance USA Ltd. | 7.125% | 7/15/28 | 1,734 | 1,957 | ||
Rio Tinto Finance USA plc | 5.000% | 3/9/33 | 7,700 | 7,922 | ||
Rohm & Haas Co. | 7.850% | 7/15/29 | 6,801 | 7,785 | ||
RPM International Inc. | 4.550% | 3/1/29 | 5,322 | 5,091 | ||
RPM International Inc. | 2.950% | 1/15/32 | 4,028 | 3,272 | ||
Sherwin-Williams Co. | 2.950% | 8/15/29 | 8,055 | 7,253 | ||
Sherwin-Williams Co. | 2.300% | 5/15/30 | 2,949 | 2,502 | ||
Sonoco Products Co. | 3.125% | 5/1/30 | 5,361 | 4,732 | ||
Sonoco Products Co. | 2.850% | 2/1/32 | 3,790 | 3,197 | ||
Steel Dynamics Inc. | 3.450% | 4/15/30 | 4,734 | 4,312 | ||
Steel Dynamics Inc. | 3.250% | 1/15/31 | 9,844 | 8,775 | ||
Suzano Austria GmbH | 2.500% | 9/15/28 | 1,900 | 1,629 | ||
Suzano Austria GmbH | 6.000% | 1/15/29 | 16,712 | 16,857 | ||
Suzano Austria GmbH | 5.000% | 1/15/30 | 9,918 | 9,471 | ||
Suzano Austria GmbH | 3.750% | 1/15/31 | 6,545 | 5,692 | ||
2 | Suzano Austria GmbH | 3.125% | 1/15/32 | 7,600 | 6,234 | |
Teck Resources Ltd. | 3.900% | 7/15/30 | 5,250 | 4,817 | ||
Vale Overseas Ltd. | 3.750% | 7/8/30 | 11,061 | 9,933 | ||
Vulcan Materials Co. | 3.500% | 6/1/30 | 5,602 | 5,131 | ||
Westlake Corp. | 3.375% | 6/15/30 | 2,390 | 2,119 | ||
WestRock MWV LLC | 8.200% | 1/15/30 | 3,500 | 4,083 | ||
WRKCo Inc. | 4.000% | 3/15/28 | 2,613 | 2,492 | ||
WRKCo Inc. | 3.900% | 6/1/28 | 5,042 | 4,796 | ||
WRKCo Inc. | 4.900% | 3/15/29 | 4,407 | 4,335 | ||
WRKCo Inc. | 4.200% | 6/1/32 | 2,500 | 2,309 | ||
WRKCo Inc. | 3.000% | 6/15/33 | 2,250 | 1,845 | ||
Yamana Gold Inc. | 2.630% | 8/15/31 | 604 | 486 | ||
406,438 | ||||||
Real Estate (2.4%) | ||||||
Agree LP | 2.000% | 6/15/28 | 5,130 | 4,354 | ||
Agree LP | 4.800% | 10/1/32 | 3,655 | 3,456 | ||
Alexandria Real Estate Equities Inc. | 4.500% | 7/30/29 | 1,776 | 1,720 | ||
Alexandria Real Estate Equities Inc. | 2.750% | 12/15/29 | 5,468 | 4,699 | ||
Alexandria Real Estate Equities Inc. | 4.700% | 7/1/30 | 1,067 | 1,032 | ||
Alexandria Real Estate Equities Inc. | 4.900% | 12/15/30 | 8,663 | 8,452 | ||
Alexandria Real Estate Equities Inc. | 3.375% | 8/15/31 | 1,748 | 1,536 | ||
Alexandria Real Estate Equities Inc. | 2.000% | 5/18/32 | 7,069 | 5,401 | ||
Alexandria Real Estate Equities Inc. | 1.875% | 2/1/33 | 4,830 | 3,618 | ||
American Assets Trust LP | 3.375% | 2/1/31 | 4,397 | 3,518 | ||
American Homes 4 Rent LP | 4.900% | 2/15/29 | 3,055 | 2,942 | ||
American Homes 4 Rent LP | 2.375% | 7/15/31 | 3,371 | 2,686 | ||
American Homes 4 Rent LP | 3.625% | 4/15/32 | 3,850 | 3,337 | ||
American Tower Corp. | 3.950% | 3/15/29 | 6,567 | 6,146 | ||
American Tower Corp. | 3.800% | 8/15/29 | 9,222 | 8,573 | ||
American Tower Corp. | 2.900% | 1/15/30 | 9,191 | 7,995 | ||
American Tower Corp. | 1.875% | 10/15/30 | 5,197 | 4,123 | ||
American Tower Corp. | 2.700% | 4/15/31 | 5,903 | 4,940 |
Coupon | Maturity Date | Face Amount ($000) | Market Value ($000) | |||
American Tower Corp. | 2.300% | 9/15/31 | 8,773 | 7,034 | ||
American Tower Corp. | 4.050% | 3/15/32 | 4,890 | 4,476 | ||
American Tower Corp. | 5.650% | 3/15/33 | 6,000 | 6,177 | ||
AvalonBay Communities Inc. | 1.900% | 12/1/28 | 7,115 | 6,141 | ||
2 | AvalonBay Communities Inc. | 3.300% | 6/1/29 | 5,217 | 4,728 | |
2 | AvalonBay Communities Inc. | 2.300% | 3/1/30 | 5,610 | 4,764 | |
AvalonBay Communities Inc. | 2.050% | 1/15/32 | 6,300 | 5,065 | ||
AvalonBay Communities Inc. | 5.000% | 2/15/33 | 5,397 | 5,482 | ||
Boston Properties LP | 4.500% | 12/1/28 | 7,761 | 6,770 | ||
Boston Properties LP | 3.400% | 6/21/29 | 10,297 | 8,400 | ||
Boston Properties LP | 2.900% | 3/15/30 | 1,657 | 1,280 | ||
Boston Properties LP | 3.250% | 1/30/31 | 9,950 | 7,847 | ||
Boston Properties LP | 2.550% | 4/1/32 | 3,687 | 2,624 | ||
Brandywine Operating Partnership LP | 4.550% | 10/1/29 | 3,537 | 2,639 | ||
Brixmor Operating Partnership LP | 2.250% | 4/1/28 | 296 | 254 | ||
Brixmor Operating Partnership LP | 4.125% | 5/15/29 | 7,473 | 6,817 | ||
Brixmor Operating Partnership LP | 4.050% | 7/1/30 | 7,304 | 6,542 | ||
Brixmor Operating Partnership LP | 2.500% | 8/16/31 | 6,452 | 5,028 | ||
Broadstone Net Lease LLC | 2.600% | 9/15/31 | 2,968 | 2,137 | ||
Camden Property Trust | 4.100% | 10/15/28 | 5,253 | 5,079 | ||
Camden Property Trust | 3.150% | 7/1/29 | 14,064 | 12,480 | ||
Camden Property Trust | 2.800% | 5/15/30 | 4,942 | 4,280 | ||
CBRE Services Inc. | 2.500% | 4/1/31 | 4,375 | 3,464 | ||
Corporate Office Properties LP | 2.000% | 1/15/29 | 5,220 | 4,045 | ||
Corporate Office Properties LP | 2.750% | 4/15/31 | 4,018 | 2,977 | ||
Crown Castle Inc. | 4.300% | 2/15/29 | 2,390 | 2,301 | ||
Crown Castle Inc. | 3.100% | 11/15/29 | 6,315 | 5,611 | ||
Crown Castle Inc. | 3.300% | 7/1/30 | 5,101 | 4,597 | ||
Crown Castle Inc. | 2.250% | 1/15/31 | 9,293 | 7,705 | ||
Crown Castle Inc. | 2.100% | 4/1/31 | 7,525 | 6,137 | ||
Crown Castle Inc. | 2.500% | 7/15/31 | 5,695 | 4,777 | ||
CubeSmart LP | 2.250% | 12/15/28 | 3,000 | 2,582 | ||
CubeSmart LP | 4.375% | 2/15/29 | 5,808 | 5,561 | ||
CubeSmart LP | 3.000% | 2/15/30 | 5,504 | 4,760 | ||
CubeSmart LP | 2.500% | 2/15/32 | 4,446 | 3,575 | ||
Digital Realty Trust LP | 4.450% | 7/15/28 | 4,870 | 4,584 | ||
Digital Realty Trust LP | 3.600% | 7/1/29 | 10,418 | 9,330 | ||
EPR Properties | 3.750% | 8/15/29 | 4,337 | 3,358 | ||
Equinix Inc. | 1.550% | 3/15/28 | 6,130 | 5,214 | ||
Equinix Inc. | 2.000% | 5/15/28 | 2,160 | 1,849 | ||
Equinix Inc. | 3.200% | 11/18/29 | 12,292 | 10,976 | ||
Equinix Inc. | 2.150% | 7/15/30 | 5,392 | 4,405 | ||
Equinix Inc. | 2.500% | 5/15/31 | 8,709 | 7,174 | ||
Equinix Inc. | 3.900% | 4/15/32 | 7,115 | 6,463 | ||
ERP Operating LP | 3.500% | 3/1/28 | 1,332 | 1,251 | ||
ERP Operating LP | 4.150% | 12/1/28 | 3,943 | 3,801 | ||
ERP Operating LP | 3.000% | 7/1/29 | 6,243 | 5,557 | ||
ERP Operating LP | 2.500% | 2/15/30 | 3,318 | 2,850 | ||
ERP Operating LP | 1.850% | 8/1/31 | 4,825 | 3,862 | ||
Essential Properties LP | 2.950% | 7/15/31 | 3,285 | 2,425 | ||
Essex Portfolio LP | 1.700% | 3/1/28 | 251 | 216 | ||
Essex Portfolio LP | 4.000% | 3/1/29 | 4,920 | 4,633 | ||
Essex Portfolio LP | 3.000% | 1/15/30 | 4,448 | 3,906 | ||
Essex Portfolio LP | 1.650% | 1/15/31 | 850 | 658 | ||
Essex Portfolio LP | 2.550% | 6/15/31 | 864 | 710 | ||
Essex Portfolio LP | 2.650% | 3/15/32 | 6,680 | 5,441 | ||
Extra Space Storage LP | 2.550% | 6/1/31 | 4,186 | 3,398 | ||
Extra Space Storage LP | 2.350% | 3/15/32 | 5,640 | 4,431 | ||
Federal Realty Investment Trust | 3.200% | 6/15/29 | 4,750 | 4,224 | ||
Federal Realty Investment Trust | 3.500% | 6/1/30 | 5,500 | 4,853 |
Coupon | Maturity Date | Face Amount ($000) | Market Value ($000) | |||
GLP Capital LP | 5.750% | 6/1/28 | 6,404 | 6,246 | ||
GLP Capital LP | 5.300% | 1/15/29 | 6,502 | 6,188 | ||
GLP Capital LP | 4.000% | 1/15/30 | 4,958 | 4,398 | ||
GLP Capital LP | 4.000% | 1/15/31 | 4,189 | 3,646 | ||
GLP Capital LP | 3.250% | 1/15/32 | 4,235 | 3,458 | ||
Healthcare Realty Holdings LP | 3.100% | 2/15/30 | 520 | 451 | ||
Healthcare Realty Holdings LP | 2.000% | 3/15/31 | 6,857 | 5,334 | ||
Healthpeak OP LLC | 2.125% | 12/1/28 | 1,170 | 1,015 | ||
Healthpeak OP LLC | 3.500% | 7/15/29 | 2,207 | 2,016 | ||
Healthpeak OP LLC | 3.000% | 1/15/30 | 8,793 | 7,710 | ||
Healthpeak OP LLC | 2.875% | 1/15/31 | 6,285 | 5,409 | ||
Healthpeak OP LLC | 5.250% | 12/15/32 | 3,000 | 3,007 | ||
Highwoods Realty LP | 4.125% | 3/15/28 | 5,260 | 4,568 | ||
Highwoods Realty LP | 4.200% | 4/15/29 | 5,837 | 4,959 | ||
Highwoods Realty LP | 3.050% | 2/15/30 | 4,395 | 3,468 | ||
Highwoods Realty LP | 2.600% | 2/1/31 | 3,217 | 2,165 | ||
2 | Host Hotels & Resorts LP | 3.375% | 12/15/29 | 5,579 | 4,733 | |
2 | Host Hotels & Resorts LP | 3.500% | 9/15/30 | 3,828 | 3,245 | |
2 | Host Hotels & Resorts LP | 2.900% | 12/15/31 | 2,291 | 1,789 | |
Hudson Pacific Properties LP | 4.650% | 4/1/29 | 4,648 | 3,240 | ||
Hudson Pacific Properties LP | 3.250% | 1/15/30 | 3,646 | 2,337 | ||
Invitation Homes Operating Partnership LP | 2.000% | 8/15/31 | 9,515 | 7,307 | ||
Invitation Homes Operating Partnership LP | 4.150% | 4/15/32 | 2,077 | 1,861 | ||
Kilroy Realty LP | 4.750% | 12/15/28 | 2,483 | 2,107 | ||
Kilroy Realty LP | 4.250% | 8/15/29 | 3,877 | 3,226 | ||
Kilroy Realty LP | 3.050% | 2/15/30 | 4,197 | 3,070 | ||
Kilroy Realty LP | 2.500% | 11/15/32 | 2,680 | 1,689 | ||
Kimco Realty OP LLC | 1.900% | 3/1/28 | 2,832 | 2,420 | ||
Kimco Realty OP LLC | 2.700% | 10/1/30 | 3,962 | 3,296 | ||
Kimco Realty OP LLC | 2.250% | 12/1/31 | 757 | 592 | ||
Kimco Realty OP LLC | 3.200% | 4/1/32 | 9,074 | 7,646 | ||
Kimco Realty OP LLC | 4.600% | 2/1/33 | 2,247 | 2,106 | ||
Kite Realty Group Trust | 4.750% | 9/15/30 | 2,151 | 1,943 | ||
Life Storage LP | 4.000% | 6/15/29 | 4,550 | 4,203 | ||
Life Storage LP | 2.200% | 10/15/30 | 3,100 | 2,541 | ||
Life Storage LP | 2.400% | 10/15/31 | 5,000 | 4,033 | ||
LXP Industrial Trust | 2.700% | 9/15/30 | 2,615 | 2,135 | ||
LXP Industrial Trust | 2.375% | 10/1/31 | 3,863 | 2,975 | ||
Mid-America Apartments LP | 4.200% | 6/15/28 | 4,000 | 3,883 | ||
Mid-America Apartments LP | 3.950% | 3/15/29 | 5,330 | 5,111 | ||
Mid-America Apartments LP | 2.750% | 3/15/30 | 1,517 | 1,329 | ||
National Health Investors Inc. | 3.000% | 2/1/31 | 4,526 | 3,459 | ||
National Retail Properties Inc. | 4.300% | 10/15/28 | 5,025 | 4,737 | ||
Omega Healthcare Investors Inc. | 3.625% | 10/1/29 | 5,139 | 4,315 | ||
Omega Healthcare Investors Inc. | 3.375% | 2/1/31 | 6,125 | 4,872 | ||
Physicians Realty LP | 2.625% | 11/1/31 | 5,021 | 4,003 | ||
Piedmont Operating Partnership LP | 3.150% | 8/15/30 | 2,950 | 2,181 | ||
Piedmont Operating Partnership LP | 2.750% | 4/1/32 | 2,601 | 1,795 | ||
Prologis LP | 3.250% | 6/30/26 | 171 | 165 | ||
Prologis LP | 3.875% | 9/15/28 | 5,671 | 5,487 | ||
Prologis LP | 4.000% | 9/15/28 | 3,660 | 3,562 | ||
Prologis LP | 2.875% | 11/15/29 | 3,545 | 3,160 | ||
Prologis LP | 2.250% | 4/15/30 | 11,636 | 9,888 | ||
Prologis LP | 1.750% | 7/1/30 | 4,984 | 4,047 | ||
Prologis LP | 1.250% | 10/15/30 | 4,870 | 3,817 | ||
Prologis LP | 2.250% | 1/15/32 | 2,205 | 1,811 | ||
Prologis LP | 4.625% | 1/15/33 | 10,640 | 10,462 | ||
Prologis LP | 4.750% | 6/15/33 | 1,300 | 1,291 | ||
Public Storage | 1.850% | 5/1/28 | 2,625 | 2,301 | ||
Public Storage | 1.950% | 11/9/28 | 5,892 | 5,141 |
Coupon | Maturity Date | Face Amount ($000) | Market Value ($000) | |||
Public Storage | 3.385% | 5/1/29 | 5,515 | 5,130 | ||
Public Storage | 2.250% | 11/9/31 | 10,550 | 8,757 | ||
Rayonier LP | 2.750% | 5/17/31 | 4,165 | 3,439 | ||
Realty Income Corp. | 3.650% | 1/15/28 | 1,634 | 1,539 | ||
Realty Income Corp. | 2.200% | 6/15/28 | 1,624 | 1,432 | ||
Realty Income Corp. | 3.250% | 6/15/29 | 4,400 | 4,015 | ||
Realty Income Corp. | 3.100% | 12/15/29 | 5,870 | 5,253 | ||
Realty Income Corp. | 3.250% | 1/15/31 | 13,058 | 11,496 | ||
Realty Income Corp. | 5.625% | 10/13/32 | 7,495 | 7,754 | ||
Realty Income Corp. | 2.850% | 12/15/32 | 3,625 | 2,994 | ||
Regency Centers LP | 4.125% | 3/15/28 | 3,049 | 2,893 | ||
Regency Centers LP | 2.950% | 9/15/29 | 3,875 | 3,354 | ||
Regency Centers LP | 3.700% | 6/15/30 | 4,420 | 3,983 | ||
Rexford Industrial Realty LP | 2.150% | 9/1/31 | 3,519 | 2,779 | ||
Sabra Health Care LP | 3.900% | 10/15/29 | 6,421 | 5,253 | ||
Sabra Health Care LP | 3.200% | 12/1/31 | 2,217 | 1,643 | ||
Safehold Operating Partnership LP | 2.800% | 6/15/31 | 5,326 | 4,138 | ||
Simon Property Group LP | 3.375% | 6/15/27 | 5,131 | 4,820 | ||
Simon Property Group LP | 2.450% | 9/13/29 | 9,389 | 8,039 | ||
Simon Property Group LP | 2.650% | 7/15/30 | 6,275 | 5,287 | ||
Simon Property Group LP | 2.200% | 2/1/31 | 5,025 | 4,048 | ||
Simon Property Group LP | 2.250% | 1/15/32 | 7,607 | 5,956 | ||
Spirit Realty LP | 3.200% | 1/15/27 | 21 | 19 | ||
Spirit Realty LP | 2.100% | 3/15/28 | 6,473 | 5,443 | ||
Spirit Realty LP | 4.000% | 7/15/29 | 3,675 | 3,312 | ||
Spirit Realty LP | 3.400% | 1/15/30 | 2,850 | 2,442 | ||
Spirit Realty LP | 3.200% | 2/15/31 | 1,339 | 1,114 | ||
STORE Capital Corp. | 4.500% | 3/15/28 | 3,770 | 3,392 | ||
STORE Capital Corp. | 4.625% | 3/15/29 | 3,077 | 2,740 | ||
STORE Capital Corp. | 2.750% | 11/18/30 | 2,475 | 1,819 | ||
Sun Communities Operating LP | 2.300% | 11/1/28 | 3,450 | 2,939 | ||
Sun Communities Operating LP | 2.700% | 7/15/31 | 7,351 | 5,954 | ||
Sun Communities Operating LP | 4.200% | 4/15/32 | 5,560 | 4,965 | ||
Sun Communities Operating LP | 5.700% | 1/15/33 | 2,390 | 2,390 | ||
Tanger Properties LP | 2.750% | 9/1/31 | 3,156 | 2,273 | ||
2 | UDR Inc. | 4.400% | 1/26/29 | 4,693 | 4,507 | |
2 | UDR Inc. | 3.200% | 1/15/30 | 3,963 | 3,544 | |
2 | UDR Inc. | 2.100% | 8/1/32 | 1,624 | 1,249 | |
Ventas Realty LP | 4.400% | 1/15/29 | 5,185 | 4,925 | ||
Ventas Realty LP | 3.000% | 1/15/30 | 4,456 | 3,848 | ||
Ventas Realty LP | 4.750% | 11/15/30 | 5,002 | 4,830 | ||
VICI Properties LP | 4.750% | 2/15/28 | 8,324 | 7,965 | ||
VICI Properties LP | 4.950% | 2/15/30 | 10,625 | 10,041 | ||
VICI Properties LP | 5.125% | 5/15/32 | 9,605 | 9,079 | ||
Vornado Realty LP | 2.150% | 6/1/26 | 102 | 82 | ||
Vornado Realty LP | 3.400% | 6/1/31 | 1,660 | 1,149 | ||
Welltower OP LLC | 4.250% | 4/15/28 | 5,808 | 5,555 | ||
Welltower OP LLC | 4.125% | 3/15/29 | 7,342 | 6,845 | ||
Welltower OP LLC | 3.100% | 1/15/30 | 7,221 | 6,295 | ||
Welltower OP LLC | 2.750% | 1/15/31 | 10,660 | 8,839 | ||
Welltower OP LLC | 2.750% | 1/15/32 | 4,960 | 4,064 | ||
Weyerhaeuser Co. | 4.000% | 11/15/29 | 6,396 | 6,030 | ||
Weyerhaeuser Co. | 4.000% | 4/15/30 | 8,081 | 7,565 | ||
Weyerhaeuser Co. | 3.375% | 3/9/33 | 3,050 | 2,673 | ||
WP Carey Inc. | 3.850% | 7/15/29 | 4,500 | 4,174 | ||
WP Carey Inc. | 2.400% | 2/1/31 | 4,693 | 3,827 | ||
827,472 | ||||||
Technology (3.5%) | ||||||
Adobe Inc. | 2.300% | 2/1/30 | 10,865 | 9,643 |
Coupon | Maturity Date | Face Amount ($000) | Market Value ($000) | |||
Advanced Micro Devices Inc. | 3.924% | 6/1/32 | 3,000 | 2,880 | ||
Amdocs Ltd. | 2.538% | 6/15/30 | 6,125 | 5,159 | ||
Analog Devices Inc. | 1.700% | 10/1/28 | 6,740 | 5,859 | ||
Analog Devices Inc. | 2.100% | 10/1/31 | 9,341 | 7,864 | ||
Apple Inc. | 1.400% | 8/5/28 | 20,062 | 17,582 | ||
Apple Inc. | 3.250% | 8/8/29 | 555 | 531 | ||
Apple Inc. | 2.200% | 9/11/29 | 11,507 | 10,297 | ||
Apple Inc. | 1.650% | 5/11/30 | 14,833 | 12,622 | ||
Apple Inc. | 1.250% | 8/20/30 | 13,541 | 11,090 | ||
Apple Inc. | 1.650% | 2/8/31 | 23,837 | 19,923 | ||
Apple Inc. | 1.700% | 8/5/31 | 9,476 | 7,881 | ||
Apple Inc. | 3.350% | 8/8/32 | 6,300 | 5,948 | ||
Applied Materials Inc. | 1.750% | 6/1/30 | 6,072 | 5,100 | ||
Arrow Electronics Inc. | 3.875% | 1/12/28 | 4,525 | 4,300 | ||
Autodesk Inc. | 2.850% | 1/15/30 | 3,875 | 3,421 | ||
Autodesk Inc. | 2.400% | 12/15/31 | 9,380 | 7,803 | ||
Automatic Data Processing Inc. | 1.700% | 5/15/28 | 8,647 | 7,722 | ||
Automatic Data Processing Inc. | 1.250% | 9/1/30 | 8,649 | 7,090 | ||
Avnet Inc. | 3.000% | 5/15/31 | 1,049 | 845 | ||
Block Financial LLC | 2.500% | 7/15/28 | 3,195 | 2,754 | ||
Block Financial LLC | 3.875% | 8/15/30 | 6,505 | 5,623 | ||
Broadcom Corp. | 3.500% | 1/15/28 | 1,736 | 1,628 | ||
Broadcom Inc. | 4.110% | 9/15/28 | 14,803 | 14,162 | ||
4 | Broadcom Inc. | 4.000% | 4/15/29 | 1,000 | 936 | |
Broadcom Inc. | 4.750% | 4/15/29 | 15,892 | 15,666 | ||
Broadcom Inc. | 5.000% | 4/15/30 | 5,078 | 5,047 | ||
Broadcom Inc. | 4.150% | 11/15/30 | 19,311 | 17,901 | ||
4 | Broadcom Inc. | 2.450% | 2/15/31 | 23,096 | 18,902 | |
Broadcom Inc. | 4.300% | 11/15/32 | 5,350 | 4,917 | ||
4 | Broadcom Inc. | 2.600% | 2/15/33 | 14,480 | 11,357 | |
4 | Broadcom Inc. | 3.419% | 4/15/33 | 11,040 | 9,235 | |
Broadridge Financial Solutions Inc. | 2.900% | 12/1/29 | 4,216 | 3,692 | ||
Broadridge Financial Solutions Inc. | 2.600% | 5/1/31 | 8,381 | 7,027 | ||
CDW LLC | 4.250% | 4/1/28 | 2,979 | 2,783 | ||
CDW LLC | 3.276% | 12/1/28 | 2,120 | 1,873 | ||
CDW LLC | 3.250% | 2/15/29 | 4,301 | 3,782 | ||
CGI Inc. | 2.300% | 9/14/31 | 3,675 | 2,914 | ||
Dell Inc. | 7.100% | 4/15/28 | 760 | 814 | ||
Dell International LLC | 5.300% | 10/1/29 | 19,913 | 20,038 | ||
Dell International LLC | 6.200% | 7/15/30 | 6,346 | 6,673 | ||
Dell International LLC | 5.750% | 2/1/33 | 7,865 | 7,860 | ||
DXC Technology Co. | 2.375% | 9/15/28 | 8,087 | 6,861 | ||
Equifax Inc. | 3.100% | 5/15/30 | 9,183 | 7,999 | ||
Equifax Inc. | 2.350% | 9/15/31 | 10,340 | 8,321 | ||
Fidelity National Information Services Inc. | 1.650% | 3/1/28 | 3,624 | 3,098 | ||
Fidelity National Information Services Inc. | 3.750% | 5/21/29 | 4,575 | 4,250 | ||
Fidelity National Information Services Inc. | 2.250% | 3/1/31 | 7,936 | 6,359 | ||
Fiserv Inc. | 4.200% | 10/1/28 | 8,923 | 8,645 | ||
Fiserv Inc. | 3.500% | 7/1/29 | 23,735 | 22,029 | ||
Fiserv Inc. | 2.650% | 6/1/30 | 7,505 | 6,453 | ||
Fiserv Inc. | 5.600% | 3/2/33 | 5,002 | 5,191 | ||
Flex Ltd. | 4.875% | 6/15/29 | 4,336 | 4,197 | ||
Flex Ltd. | 4.875% | 5/12/30 | 6,650 | 6,468 | ||
Fortinet Inc. | 2.200% | 3/15/31 | 5,000 | 4,154 | ||
Global Payments Inc. | 4.450% | 6/1/28 | 5,390 | 5,120 | ||
Global Payments Inc. | 3.200% | 8/15/29 | 8,046 | 7,087 | ||
Global Payments Inc. | 2.900% | 5/15/30 | 10,201 | 8,644 | ||
Global Payments Inc. | 2.900% | 11/15/31 | 5,515 | 4,520 | ||
Global Payments Inc. | 5.400% | 8/15/32 | 9,085 | 8,897 | ||
GXO Logistics Inc. | 2.650% | 7/15/31 | 4,662 | 3,633 |
Coupon | Maturity Date | Face Amount ($000) | Market Value ($000) | |||
HP Inc. | 4.000% | 4/15/29 | 8,300 | 7,872 | ||
HP Inc. | 3.400% | 6/17/30 | 7,437 | 6,587 | ||
HP Inc. | 2.650% | 6/17/31 | 9,185 | 7,497 | ||
HP Inc. | 4.200% | 4/15/32 | 9,665 | 8,704 | ||
HP Inc. | 5.500% | 1/15/33 | 4,665 | 4,622 | ||
Hubbell Inc. | 3.500% | 2/15/28 | 4,150 | 3,924 | ||
Hubbell Inc. | 2.300% | 3/15/31 | 2,060 | 1,711 | ||
Intel Corp. | 1.600% | 8/12/28 | 8,015 | 6,997 | ||
Intel Corp. | 4.000% | 8/5/29 | 3,600 | 3,505 | ||
Intel Corp. | 2.450% | 11/15/29 | 16,983 | 14,954 | ||
Intel Corp. | 5.125% | 2/10/30 | 10,355 | 10,542 | ||
Intel Corp. | 3.900% | 3/25/30 | 8,425 | 8,030 | ||
Intel Corp. | 2.000% | 8/12/31 | 12,311 | 10,130 | ||
Intel Corp. | 4.150% | 8/5/32 | 17,440 | 16,822 | ||
Intel Corp. | 5.200% | 2/10/33 | 18,230 | 18,540 | ||
International Business Machines Corp. | 3.500% | 5/15/29 | 24,992 | 23,469 | ||
International Business Machines Corp. | 1.950% | 5/15/30 | 10,265 | 8,575 | ||
International Business Machines Corp. | 2.720% | 2/9/32 | 1,600 | 1,378 | ||
International Business Machines Corp. | 4.400% | 7/27/32 | 5,325 | 5,185 | ||
International Business Machines Corp. | 4.750% | 2/6/33 | 7,795 | 7,745 | ||
Intuit Inc. | 1.650% | 7/15/30 | 4,200 | 3,494 | ||
Jabil Inc. | 3.600% | 1/15/30 | 4,700 | 4,247 | ||
Jabil Inc. | 3.000% | 1/15/31 | 3,868 | 3,255 | ||
Juniper Networks Inc. | 3.750% | 8/15/29 | 5,132 | 4,772 | ||
Juniper Networks Inc. | 2.000% | 12/10/30 | 4,007 | 3,190 | ||
KLA Corp. | 4.100% | 3/15/29 | 7,012 | 6,904 | ||
KLA Corp. | 4.650% | 7/15/32 | 12,125 | 12,236 | ||
Kyndryl Holdings Inc. | 2.700% | 10/15/28 | 3,663 | 3,075 | ||
Kyndryl Holdings Inc. | 3.150% | 10/15/31 | 5,014 | 3,846 | ||
Lam Research Corp. | 4.000% | 3/15/29 | 7,525 | 7,370 | ||
Lam Research Corp. | 1.900% | 6/15/30 | 5,905 | 4,974 | ||
Leidos Inc. | 4.375% | 5/15/30 | 4,004 | 3,772 | ||
Leidos Inc. | 2.300% | 2/15/31 | 9,290 | 7,552 | ||
Leidos Inc. | 5.750% | 3/15/33 | 6,000 | 6,133 | ||
Marvell Technology Inc. | 2.450% | 4/15/28 | 4,477 | 3,906 | ||
2 | Marvell Technology Inc. | 4.875% | 6/22/28 | 5,471 | 5,380 | |
Marvell Technology Inc. | 2.950% | 4/15/31 | 3,120 | 2,606 | ||
Micron Technology Inc. | 5.327% | 2/6/29 | 6,520 | 6,546 | ||
Micron Technology Inc. | 6.750% | 11/1/29 | 7,136 | 7,592 | ||
Micron Technology Inc. | 4.663% | 2/15/30 | 6,261 | 6,010 | ||
Micron Technology Inc. | 2.703% | 4/15/32 | 5,140 | 4,113 | ||
Micron Technology Inc. | 5.875% | 2/9/33 | 2,058 | 2,081 | ||
Moody's Corp. | 3.250% | 1/15/28 | 2,674 | 2,521 | ||
Moody's Corp. | 4.250% | 2/1/29 | 2,335 | 2,281 | ||
Moody's Corp. | 2.000% | 8/19/31 | 6,213 | 5,080 | ||
Moody's Corp. | 4.250% | 8/8/32 | 775 | 746 | ||
Motorola Solutions Inc. | 4.600% | 2/23/28 | 8,623 | 8,512 | ||
Motorola Solutions Inc. | 4.600% | 5/23/29 | 4,242 | 4,134 | ||
Motorola Solutions Inc. | 2.300% | 11/15/30 | 8,308 | 6,750 | ||
Motorola Solutions Inc. | 2.750% | 5/24/31 | 3,985 | 3,276 | ||
Motorola Solutions Inc. | 5.600% | 6/1/32 | 4,100 | 4,124 | ||
NetApp Inc. | 2.700% | 6/22/30 | 6,100 | 5,240 | ||
NVIDIA Corp. | 1.550% | 6/15/28 | 11,335 | 9,990 | ||
NVIDIA Corp. | 2.850% | 4/1/30 | 7,496 | 6,823 | ||
NVIDIA Corp. | 2.000% | 6/15/31 | 4,972 | 4,176 | ||
NXP BV | 5.550% | 12/1/28 | 4,795 | 4,900 | ||
NXP BV | 4.300% | 6/18/29 | 9,566 | 9,172 | ||
NXP BV | 3.400% | 5/1/30 | 7,656 | 6,883 | ||
NXP BV | 2.500% | 5/11/31 | 8,445 | 6,984 | ||
NXP BV | 2.650% | 2/15/32 | 7,631 | 6,248 |
Coupon | Maturity Date | Face Amount ($000) | Market Value ($000) | |||
Oracle Corp. | 4.500% | 5/6/28 | 2,058 | 2,034 | ||
Oracle Corp. | 2.950% | 4/1/30 | 23,791 | 21,004 | ||
Oracle Corp. | 4.650% | 5/6/30 | 5,900 | 5,745 | ||
Oracle Corp. | 3.250% | 5/15/30 | 4,717 | 4,228 | ||
Oracle Corp. | 2.875% | 3/25/31 | 28,847 | 24,685 | ||
Oracle Corp. | 6.250% | 11/9/32 | 20,525 | 22,031 | ||
Oracle Corp. | 4.900% | 2/6/33 | 11,700 | 11,458 | ||
PayPal Holdings Inc. | 2.850% | 10/1/29 | 10,743 | 9,693 | ||
PayPal Holdings Inc. | 2.300% | 6/1/30 | 10,517 | 9,016 | ||
PayPal Holdings Inc. | 4.400% | 6/1/32 | 10,755 | 10,549 | ||
Qorvo Inc. | 4.375% | 10/15/29 | 7,099 | 6,545 | ||
QUALCOMM Inc. | 1.300% | 5/20/28 | 7,750 | 6,764 | ||
QUALCOMM Inc. | 2.150% | 5/20/30 | 7,255 | 6,357 | ||
QUALCOMM Inc. | 1.650% | 5/20/32 | 9,587 | 7,747 | ||
QUALCOMM Inc. | 4.250% | 5/20/32 | 2,695 | 2,697 | ||
QUALCOMM Inc. | 5.400% | 5/20/33 | 9,825 | 10,543 | ||
Quanta Services Inc. | 2.900% | 10/1/30 | 3,160 | 2,697 | ||
Quanta Services Inc. | 2.350% | 1/15/32 | 1,883 | 1,492 | ||
RELX Capital Inc. | 4.000% | 3/18/29 | 7,482 | 7,213 | ||
RELX Capital Inc. | 3.000% | 5/22/30 | 4,180 | 3,720 | ||
RELX Capital Inc. | 4.750% | 5/20/32 | 4,255 | 4,217 | ||
Roper Technologies Inc. | 4.200% | 9/15/28 | 4,838 | 4,760 | ||
Roper Technologies Inc. | 2.950% | 9/15/29 | 6,530 | 5,862 | ||
Roper Technologies Inc. | 2.000% | 6/30/30 | 4,561 | 3,761 | ||
Roper Technologies Inc. | 1.750% | 2/15/31 | 3,787 | 3,026 | ||
S&P Global Inc. | 4.750% | 8/1/28 | 6,410 | 6,498 | ||
S&P Global Inc. | 2.700% | 3/1/29 | 5,640 | 5,132 | ||
S&P Global Inc. | 4.250% | 5/1/29 | 8,517 | 8,399 | ||
S&P Global Inc. | 2.500% | 12/1/29 | 4,462 | 3,965 | ||
S&P Global Inc. | 1.250% | 8/15/30 | 4,584 | 3,684 | ||
S&P Global Inc. | 2.900% | 3/1/32 | 11,915 | 10,628 | ||
Salesforce Inc. | 3.700% | 4/11/28 | 522 | 513 | ||
Salesforce Inc. | 1.500% | 7/15/28 | 9,035 | 7,975 | ||
Salesforce Inc. | 1.950% | 7/15/31 | 13,951 | 11,675 | ||
ServiceNow Inc. | 1.400% | 9/1/30 | 12,947 | 10,435 | ||
Skyworks Solutions Inc. | 3.000% | 6/1/31 | 5,193 | 4,333 | ||
TD SYNNEX Corp. | 2.375% | 8/9/28 | 4,687 | 3,884 | ||
TD SYNNEX Corp. | 2.650% | 8/9/31 | 300 | 235 | ||
Teledyne FLIR LLC | 2.500% | 8/1/30 | 5,841 | 4,918 | ||
Texas Instruments Inc. | 2.900% | 11/3/27 | 3,567 | 3,393 | ||
Texas Instruments Inc. | 2.250% | 9/4/29 | 6,301 | 5,625 | ||
Texas Instruments Inc. | 1.750% | 5/4/30 | 7,211 | 6,114 | ||
Texas Instruments Inc. | 1.900% | 9/15/31 | 4,814 | 4,031 | ||
Texas Instruments Inc. | 4.900% | 3/14/33 | 7,000 | 7,281 | ||
TSMC Arizona Corp. | 4.125% | 4/22/29 | 3,890 | 3,818 | ||
TSMC Arizona Corp. | 2.500% | 10/25/31 | 10,845 | 9,309 | ||
TSMC Arizona Corp. | 4.250% | 4/22/32 | 6,600 | 6,476 | ||
Verisk Analytics Inc. | 4.125% | 3/15/29 | 5,167 | 4,954 | ||
VMware Inc. | 1.800% | 8/15/28 | 7,055 | 5,958 | ||
VMware Inc. | 4.700% | 5/15/30 | 7,814 | 7,575 | ||
VMware Inc. | 2.200% | 8/15/31 | 13,971 | 11,038 | ||
Western Digital Corp. | 2.850% | 2/1/29 | 6,765 | 5,508 | ||
Workday Inc. | 3.700% | 4/1/29 | 3,910 | 3,663 | ||
Workday Inc. | 3.800% | 4/1/32 | 13,693 | 12,535 | ||
Xilinx Inc. | 2.375% | 6/1/30 | 6,861 | 5,976 | ||
1,222,125 | ||||||
Utilities (3.1%) | ||||||
AEP Texas Inc. | 3.950% | 6/1/28 | 3,757 | 3,616 | ||
2 | AEP Texas Inc. | 2.100% | 7/1/30 | 4,330 | 3,592 |
Coupon | Maturity Date | Face Amount ($000) | Market Value ($000) | |||
AEP Texas Inc. | 4.700% | 5/15/32 | 4,265 | 4,163 | ||
AES Corp. | 2.450% | 1/15/31 | 8,583 | 7,000 | ||
2 | Alabama Power Co. | 1.450% | 9/15/30 | 4,129 | 3,319 | |
Alabama Power Co. | 3.050% | 3/15/32 | 5,120 | 4,515 | ||
Alabama Power Co. | 3.940% | 9/1/32 | 3,327 | 3,122 | ||
Ameren Corp. | 1.750% | 3/15/28 | 4,337 | 3,772 | ||
Ameren Corp. | 3.500% | 1/15/31 | 4,594 | 4,171 | ||
Ameren Illinois Co. | 3.800% | 5/15/28 | 4,150 | 4,044 | ||
Ameren Illinois Co. | 1.550% | 11/15/30 | 2,300 | 1,856 | ||
Ameren Illinois Co. | 3.850% | 9/1/32 | 1,965 | 1,860 | ||
2 | American Electric Power Co. Inc. | 4.300% | 12/1/28 | 4,558 | 4,452 | |
American Electric Power Co. Inc. | 5.950% | 11/1/32 | 7,300 | 7,774 | ||
American Electric Power Co. Inc. | 5.625% | 3/1/33 | 2,500 | 2,591 | ||
American Water Capital Corp. | 3.750% | 9/1/28 | 4,945 | 4,735 | ||
American Water Capital Corp. | 3.450% | 6/1/29 | 5,780 | 5,429 | ||
American Water Capital Corp. | 2.800% | 5/1/30 | 5,110 | 4,550 | ||
American Water Capital Corp. | 2.300% | 6/1/31 | 2,150 | 1,818 | ||
American Water Capital Corp. | 4.450% | 6/1/32 | 5,180 | 5,097 | ||
2 | Appalachian Power Co. | 2.700% | 4/1/31 | 5,180 | 4,399 | |
2 | Appalachian Power Co. | 4.500% | 8/1/32 | 2,545 | 2,444 | |
Arizona Public Service Co. | 2.600% | 8/15/29 | 4,071 | 3,538 | ||
Arizona Public Service Co. | 6.350% | 12/15/32 | 1,550 | 1,686 | ||
Atlantic City Electric Co. | 2.300% | 3/15/31 | 4,030 | 3,400 | ||
Atmos Energy Corp. | 2.625% | 9/15/29 | 4,435 | 3,964 | ||
Atmos Energy Corp. | 1.500% | 1/15/31 | 3,490 | 2,797 | ||
Atmos Energy Corp. | 5.450% | 10/15/32 | 1,500 | 1,584 | ||
Avangrid Inc. | 3.800% | 6/1/29 | 4,741 | 4,454 | ||
Baltimore Gas & Electric Co. | 2.250% | 6/15/31 | 4,704 | 3,962 | ||
Berkshire Hathaway Energy Co. | 3.250% | 4/15/28 | 8,483 | 8,109 | ||
Berkshire Hathaway Energy Co. | 3.700% | 7/15/30 | 8,145 | 7,740 | ||
Berkshire Hathaway Energy Co. | 1.650% | 5/15/31 | 4,850 | 3,894 | ||
Black Hills Corp. | 3.050% | 10/15/29 | 4,175 | 3,657 | ||
2 | CenterPoint Energy Houston Electric LLC | 2.350% | 4/1/31 | 3,928 | 3,359 | |
2 | CenterPoint Energy Houston Electric LLC | 3.000% | 3/1/32 | 2,000 | 1,773 | |
CenterPoint Energy Houston Electric LLC | 4.950% | 4/1/33 | 10,000 | 10,214 | ||
CenterPoint Energy Inc. | 4.250% | 11/1/28 | 1,539 | 1,481 | ||
CenterPoint Energy Inc. | 2.950% | 3/1/30 | 3,905 | 3,423 | ||
CenterPoint Energy Inc. | 2.650% | 6/1/31 | 1,903 | 1,612 | ||
CenterPoint Energy Resources Corp. | 4.000% | 4/1/28 | 1,525 | 1,491 | ||
CenterPoint Energy Resources Corp. | 1.750% | 10/1/30 | 7,407 | 5,992 | ||
CenterPoint Energy Resources Corp. | 4.400% | 7/1/32 | 203 | 197 | ||
CenterPoint Energy Resources Corp. | 5.400% | 3/1/33 | 5,000 | 5,170 | ||
Cleco Corporate Holdings LLC | 3.375% | 9/15/29 | 1,000 | 868 | ||
2 | CMS Energy Corp. | 4.750% | 6/1/50 | 6,527 | 5,634 | |
CMS Energy Corp. | 3.750% | 12/1/50 | 2,612 | 1,955 | ||
Commonwealth Edison Co. | 3.700% | 8/15/28 | 4,665 | 4,482 | ||
Commonwealth Edison Co. | 2.200% | 3/1/30 | 1,815 | 1,559 | ||
2 | Commonwealth Edison Co. | 3.150% | 3/15/32 | 4,165 | 3,726 | |
Commonwealth Edison Co. | 4.900% | 2/1/33 | 2,000 | 2,044 | ||
2 | Connecticut Light & Power Co. | 2.050% | 7/1/31 | 2,740 | 2,273 | |
2 | Consolidated Edison Co. of New York Inc. | 3.350% | 4/1/30 | 4,157 | 3,834 | |
Consolidated Edison Co. of New York Inc. | 2.400% | 6/15/31 | 8,151 | 6,895 | ||
Consolidated Edison Co. of New York Inc. | 5.200% | 3/1/33 | 4,262 | 4,395 | ||
Constellation Energy Generation LLC | 5.800% | 3/1/33 | 1,273 | 1,315 | ||
Consumers Energy Co. | 4.650% | 3/1/28 | 2,365 | 2,386 | ||
Consumers Energy Co. | 3.600% | 8/15/32 | 6,858 | 6,348 | ||
Consumers Energy Co. | 4.625% | 5/15/33 | 2,500 | 2,494 | ||
Dominion Energy Inc. | 4.250% | 6/1/28 | 2,608 | 2,538 | ||
2 | Dominion Energy Inc. | 3.375% | 4/1/30 | 11,719 | 10,621 | |
2 | Dominion Energy Inc. | 2.250% | 8/15/31 | 2,335 | 1,923 |
Coupon | Maturity Date | Face Amount ($000) | Market Value ($000) | |||
2 | Dominion Energy Inc. | 4.350% | 8/15/32 | 5,247 | 5,019 | |
Dominion Energy Inc. | 5.375% | 11/15/32 | 6,573 | 6,746 | ||
2 | Dominion Energy South Carolina Inc. | 2.300% | 12/1/31 | 3,723 | 3,088 | |
Dominion Energy South Carolina Inc. | 6.625% | 2/1/32 | 1,742 | 1,966 | ||
2 | DTE Electric Co. | 1.900% | 4/1/28 | 4,168 | 3,682 | |
DTE Electric Co. | 2.250% | 3/1/30 | 3,875 | 3,360 | ||
2 | DTE Electric Co. | 2.625% | 3/1/31 | 3,910 | 3,383 | |
2 | DTE Electric Co. | 3.000% | 3/1/32 | 4,025 | 3,538 | |
DTE Electric Co. | 5.200% | 4/1/33 | 5,405 | 5,582 | ||
2 | DTE Energy Co. | 3.400% | 6/15/29 | 3,769 | 3,451 | |
DTE Energy Co. | 2.950% | 3/1/30 | 3,375 | 2,962 | ||
Duke Energy Carolinas LLC | 3.950% | 11/15/28 | 5,358 | 5,255 | ||
Duke Energy Carolinas LLC | 2.450% | 8/15/29 | 4,635 | 4,050 | ||
Duke Energy Carolinas LLC | 2.450% | 2/1/30 | 6,990 | 6,120 | ||
Duke Energy Carolinas LLC | 2.550% | 4/15/31 | 7,741 | 6,650 | ||
Duke Energy Carolinas LLC | 2.850% | 3/15/32 | 4,820 | 4,191 | ||
Duke Energy Carolinas LLC | 4.950% | 1/15/33 | 5,975 | 6,147 | ||
Duke Energy Corp. | 4.300% | 3/15/28 | 2,950 | 2,892 | ||
Duke Energy Corp. | 3.400% | 6/15/29 | 4,678 | 4,326 | ||
Duke Energy Corp. | 2.450% | 6/1/30 | 8,222 | 7,007 | ||
Duke Energy Corp. | 2.550% | 6/15/31 | 7,582 | 6,339 | ||
Duke Energy Corp. | 4.500% | 8/15/32 | 13,841 | 13,376 | ||
Duke Energy Florida LLC | 3.800% | 7/15/28 | 4,492 | 4,390 | ||
Duke Energy Florida LLC | 2.500% | 12/1/29 | 2,543 | 2,242 | ||
Duke Energy Florida LLC | 1.750% | 6/15/30 | 1,878 | 1,548 | ||
Duke Energy Florida LLC | 2.400% | 12/15/31 | 6,030 | 5,060 | ||
Duke Energy Ohio Inc. | 3.650% | 2/1/29 | 6,430 | 6,111 | ||
Duke Energy Ohio Inc. | 2.125% | 6/1/30 | 2,916 | 2,446 | ||
Duke Energy Ohio Inc. | 5.250% | 4/1/33 | 5,190 | 5,342 | ||
Duke Energy Progress LLC | 3.700% | 9/1/28 | 4,376 | 4,213 | ||
Duke Energy Progress LLC | 3.450% | 3/15/29 | 6,648 | 6,218 | ||
Duke Energy Progress LLC | 2.000% | 8/15/31 | 4,047 | 3,311 | ||
Duke Energy Progress LLC | 3.400% | 4/1/32 | 3,416 | 3,101 | ||
Duke Energy Progress LLC | 5.250% | 3/15/33 | 4,000 | 4,157 | ||
4 | East Ohio Gas Co. | 2.000% | 6/15/30 | 3,000 | 2,457 | |
Edison International | 4.125% | 3/15/28 | 3,990 | 3,792 | ||
Edison International | 6.950% | 11/15/29 | 2,295 | 2,488 | ||
Enel Chile SA | 4.875% | 6/12/28 | 7,520 | 7,291 | ||
Entergy Arkansas LLC | 5.150% | 1/15/33 | 3,785 | 3,888 | ||
Entergy Corp. | 1.900% | 6/15/28 | 8,122 | 7,072 | ||
Entergy Corp. | 2.800% | 6/15/30 | 3,892 | 3,370 | ||
Entergy Corp. | 2.400% | 6/15/31 | 8,179 | 6,774 | ||
Entergy Louisiana LLC | 3.250% | 4/1/28 | 5,133 | 4,798 | ||
Entergy Louisiana LLC | 2.350% | 6/15/32 | 3,725 | 3,065 | ||
Entergy Mississippi LLC | 2.850% | 6/1/28 | 2,585 | 2,365 | ||
Entergy Texas Inc. | 4.000% | 3/30/29 | 7,367 | 7,135 | ||
Entergy Texas Inc. | 1.750% | 3/15/31 | 2,860 | 2,318 | ||
Essential Utilities Inc. | 3.566% | 5/1/29 | 3,860 | 3,592 | ||
Essential Utilities Inc. | 2.704% | 4/15/30 | 4,626 | 4,000 | ||
Evergy Inc. | 2.900% | 9/15/29 | 3,818 | 3,423 | ||
2 | Evergy Metro Inc. | 2.250% | 6/1/30 | 5,956 | 5,042 | |
2 | Eversource Energy | 3.300% | 1/15/28 | 1,380 | 1,297 | |
2 | Eversource Energy | 4.250% | 4/1/29 | 5,436 | 5,320 | |
2 | Eversource Energy | 1.650% | 8/15/30 | 4,915 | 3,957 | |
Eversource Energy | 2.550% | 3/15/31 | 2,990 | 2,549 | ||
Eversource Energy | 3.375% | 3/1/32 | 4,888 | 4,388 | ||
Exelon Corp. | 4.050% | 4/15/30 | 13,370 | 12,748 | ||
Exelon Corp. | 3.350% | 3/15/32 | 2,720 | 2,432 | ||
Exelon Corp. | 5.300% | 3/15/33 | 1,955 | 1,991 | ||
Florida Power & Light Co. | 2.450% | 2/3/32 | 11,054 | 9,454 |
Coupon | Maturity Date | Face Amount ($000) | Market Value ($000) | |||
2 | Georgia Power Co. | 2.650% | 9/15/29 | 4,757 | 4,188 | |
Georgia Power Co. | 4.700% | 5/15/32 | 2,885 | 2,860 | ||
Indiana Michigan Power Co. | 3.850% | 5/15/28 | 3,900 | 3,778 | ||
Interstate Power & Light Co. | 4.100% | 9/26/28 | 8,231 | 8,067 | ||
Interstate Power & Light Co. | 3.600% | 4/1/29 | 900 | 841 | ||
Interstate Power & Light Co. | 2.300% | 6/1/30 | 3,505 | 2,942 | ||
IPALCO Enterprises Inc. | 4.250% | 5/1/30 | 3,741 | 3,435 | ||
2 | Kentucky Utilities Co. | 5.450% | 4/15/33 | 2,750 | 2,855 | |
2 | Louisville Gas & Electric Co. | 5.450% | 4/15/33 | 2,500 | 2,589 | |
MidAmerican Energy Co. | 3.650% | 4/15/29 | 6,050 | 5,781 | ||
MidAmerican Energy Co. | 6.750% | 12/30/31 | 2,332 | 2,682 | ||
Mississippi Power Co. | 3.950% | 3/30/28 | 3,130 | 3,015 | ||
National Fuel Gas Co. | 3.950% | 9/15/27 | 1,850 | 1,739 | ||
National Fuel Gas Co. | 4.750% | 9/1/28 | 3,929 | 3,774 | ||
National Fuel Gas Co. | 2.950% | 3/1/31 | 2,335 | 1,876 | ||
National Rural Utilities Cooperative Finance Corp. | 3.400% | 2/7/28 | 7,434 | 7,077 | ||
National Rural Utilities Cooperative Finance Corp. | 4.800% | 3/15/28 | 3,174 | 3,206 | ||
National Rural Utilities Cooperative Finance Corp. | 3.900% | 11/1/28 | 4,358 | 4,206 | ||
National Rural Utilities Cooperative Finance Corp. | 3.700% | 3/15/29 | 6,655 | 6,323 | ||
National Rural Utilities Cooperative Finance Corp. | 2.400% | 3/15/30 | 5,572 | 4,828 | ||
National Rural Utilities Cooperative Finance Corp. | 1.350% | 3/15/31 | 3,530 | 2,716 | ||
2 | National Rural Utilities Cooperative Finance Corp. | 1.650% | 6/15/31 | 1,430 | 1,131 | |
National Rural Utilities Cooperative Finance Corp. | 2.750% | 4/15/32 | 3,605 | 3,072 | ||
National Rural Utilities Cooperative Finance Corp. | 5.800% | 1/15/33 | 7,544 | 8,044 | ||
2 | Nevada Power Co. | 3.700% | 5/1/29 | 5,920 | 5,691 | |
2 | Nevada Power Co. | 2.400% | 5/1/30 | 3,973 | 3,445 | |
NextEra Energy Capital Holdings Inc. | 1.900% | 6/15/28 | 11,290 | 9,931 | ||
NextEra Energy Capital Holdings Inc. | 3.500% | 4/1/29 | 7,276 | 6,831 | ||
NextEra Energy Capital Holdings Inc. | 2.750% | 11/1/29 | 6,290 | 5,594 | ||
NextEra Energy Capital Holdings Inc. | 2.250% | 6/1/30 | 15,464 | 13,071 | ||
NextEra Energy Capital Holdings Inc. | 2.440% | 1/15/32 | 3,792 | 3,144 | ||
NextEra Energy Capital Holdings Inc. | 5.000% | 7/15/32 | 10,206 | 10,291 | ||
NextEra Energy Capital Holdings Inc. | 5.050% | 2/28/33 | 6,538 | 6,556 | ||
2 | NextEra Energy Capital Holdings Inc. | 4.800% | 12/1/77 | 6,255 | 5,274 | |
2 | NextEra Energy Capital Holdings Inc. | 5.650% | 5/1/79 | 3,625 | 3,188 | |
NiSource Inc. | 2.950% | 9/1/29 | 5,949 | 5,297 | ||
NiSource Inc. | 3.600% | 5/1/30 | 3,972 | 3,670 | ||
NiSource Inc. | 1.700% | 2/15/31 | 6,735 | 5,336 | ||
Northern States Power Co. | 2.250% | 4/1/31 | 2,230 | 1,891 | ||
NSTAR Electric Co. | 3.250% | 5/15/29 | 2,040 | 1,899 | ||
NSTAR Electric Co. | 3.950% | 4/1/30 | 5,238 | 5,073 | ||
2 | Ohio Power Co. | 2.600% | 4/1/30 | 1,985 | 1,727 | |
2 | Ohio Power Co. | 1.625% | 1/15/31 | 6,708 | 5,343 | |
Oklahoma Gas & Electric Co. | 3.800% | 8/15/28 | 3,625 | 3,493 | ||
Oklahoma Gas & Electric Co. | 3.250% | 4/1/30 | 4,257 | 3,846 | ||
Oklahoma Gas & Electric Co. | 5.400% | 1/15/33 | 3,881 | 4,017 | ||
Oncor Electric Delivery Co. LLC | 3.700% | 11/15/28 | 9,864 | 9,567 | ||
Oncor Electric Delivery Co. LLC | 2.750% | 5/15/30 | 5,525 | 4,930 | ||
Oncor Electric Delivery Co. LLC | 4.150% | 6/1/32 | 4,325 | 4,186 | ||
Oncor Electric Delivery Co. LLC | 4.550% | 9/15/32 | 13,028 | 12,975 | ||
ONE Gas Inc. | 2.000% | 5/15/30 | 2,675 | 2,268 | ||
Pacific Gas & Electric Co. | 3.000% | 6/15/28 | 3,204 | 2,848 |
Coupon | Maturity Date | Face Amount ($000) | Market Value ($000) | |||
Pacific Gas & Electric Co. | 3.750% | 7/1/28 | 13,761 | 12,658 | ||
Pacific Gas & Electric Co. | 4.550% | 7/1/30 | 31,252 | 29,218 | ||
Pacific Gas & Electric Co. | 2.500% | 2/1/31 | 15,685 | 12,695 | ||
Pacific Gas & Electric Co. | 3.250% | 6/1/31 | 3,002 | 2,551 | ||
Pacific Gas & Electric Co. | 4.400% | 3/1/32 | 3,708 | 3,337 | ||
Pacific Gas & Electric Co. | 5.900% | 6/15/32 | 2,620 | 2,620 | ||
Pacific Gas & Electric Co. | 6.150% | 1/15/33 | 5,990 | 6,148 | ||
PacifiCorp | 3.500% | 6/15/29 | 3,941 | 3,712 | ||
PacifiCorp | 2.700% | 9/15/30 | 2,876 | 2,544 | ||
PacifiCorp | 7.700% | 11/15/31 | 1,935 | 2,359 | ||
2 | PG&E Wildfire Recovery Funding LLC | 3.594% | 6/1/30 | 1,318 | 1,263 | |
Piedmont Natural Gas Co. Inc. | 3.500% | 6/1/29 | 3,591 | 3,336 | ||
Piedmont Natural Gas Co. Inc. | 2.500% | 3/15/31 | 4,000 | 3,335 | ||
PPL Electric Utilities Corp. | 5.000% | 5/15/33 | 7,710 | 7,877 | ||
Progress Energy Inc. | 7.000% | 10/30/31 | 4,640 | 5,158 | ||
Public Service Co. of Colorado | 3.700% | 6/15/28 | 2,975 | 2,879 | ||
2 | Public Service Co. of Colorado | 1.900% | 1/15/31 | 3,300 | 2,727 | |
2 | Public Service Co. of Colorado | 4.100% | 6/1/32 | 2,089 | 2,012 | |
2 | Public Service Co. of New Hampshire | 2.200% | 6/15/31 | 336 | 284 | |
Public Service Co. of Oklahoma | 5.250% | 1/15/33 | 4,000 | 4,090 | ||
2 | Public Service Electric & Gas Co. | 3.700% | 5/1/28 | 3,537 | 3,414 | |
2 | Public Service Electric & Gas Co. | 3.650% | 9/1/28 | 2,675 | 2,554 | |
2 | Public Service Electric & Gas Co. | 3.200% | 5/15/29 | 2,675 | 2,454 | |
2 | Public Service Electric & Gas Co. | 2.450% | 1/15/30 | 2,269 | 1,995 | |
2 | Public Service Electric & Gas Co. | 3.100% | 3/15/32 | 4,150 | 3,706 | |
2 | Public Service Electric & Gas Co. | 4.900% | 12/15/32 | 3,065 | 3,135 | |
2 | Public Service Electric & Gas Co. | 4.650% | 3/15/33 | 5,630 | 5,651 | |
Public Service Enterprise Group Inc. | 1.600% | 8/15/30 | 12,050 | 9,641 | ||
Puget Energy Inc. | 2.379% | 6/15/28 | 3,182 | 2,803 | ||
Puget Energy Inc. | 4.100% | 6/15/30 | 6,406 | 5,927 | ||
2 | San Diego Gas & Electric Co. | 1.700% | 10/1/30 | 6,075 | 4,961 | |
2 | San Diego Gas & Electric Co. | 3.000% | 3/15/32 | 4,125 | 3,643 | |
Sempra Energy | 3.400% | 2/1/28 | 9,895 | 9,314 | ||
Sempra Energy | 3.700% | 4/1/29 | 655 | 609 | ||
2 | Southern California Edison Co. | 3.650% | 3/1/28 | 5,050 | 4,779 | |
2 | Southern California Edison Co. | 4.200% | 3/1/29 | 5,709 | 5,532 | |
Southern California Edison Co. | 6.650% | 4/1/29 | 4,200 | 4,537 | ||
Southern California Edison Co. | 2.850% | 8/1/29 | 3,565 | 3,191 | ||
Southern California Edison Co. | 2.250% | 6/1/30 | 3,500 | 2,974 | ||
2 | Southern California Edison Co. | 2.500% | 6/1/31 | 2,060 | 1,750 | |
Southern California Edison Co. | 2.750% | 2/1/32 | 2,600 | 2,235 | ||
Southern California Edison Co. | 5.950% | 11/1/32 | 5,900 | 6,390 | ||
2 | Southern California Gas Co. | 2.550% | 2/1/30 | 4,953 | 4,324 | |
2 | Southern Co. | 1.750% | 3/15/28 | 3,726 | 3,221 | |
2 | Southern Co. | 3.700% | 4/30/30 | 2,705 | 2,531 | |
Southern Co. | 5.700% | 10/15/32 | 3,156 | 3,319 | ||
2 | Southern Co. Gas Capital Corp. | 1.750% | 1/15/31 | 7,277 | 5,809 | |
Southern Co. Gas Capital Corp. | 5.150% | 9/15/32 | 6,615 | 6,675 | ||
Southwest Gas Corp. | 3.700% | 4/1/28 | 2,570 | 2,429 | ||
Southwest Gas Corp. | 2.200% | 6/15/30 | 4,150 | 3,424 | ||
Southwest Gas Corp. | 4.050% | 3/15/32 | 4,765 | 4,393 | ||
2 | Southwestern Electric Power Co. | 4.100% | 9/15/28 | 3,664 | 3,543 | |
Southwestern Electric Power Co. | 5.300% | 4/1/33 | 4,000 | 4,031 | ||
Spire Missouri Inc. | 4.800% | 2/15/33 | 1,933 | 1,929 | ||
Tampa Electric Co. | 2.400% | 3/15/31 | 3,254 | 2,726 | ||
Tucson Electric Power Co. | 1.500% | 8/1/30 | 3,093 | 2,474 | ||
Tucson Electric Power Co. | 3.250% | 5/15/32 | 2,500 | 2,236 | ||
Union Electric Co. | 3.500% | 3/15/29 | 4,380 | 4,139 | ||
Union Electric Co. | 2.950% | 3/15/30 | 3,610 | 3,273 | ||
Union Electric Co. | 2.150% | 3/15/32 | 4,765 | 3,895 |
Coupon | Maturity Date | Face Amount ($000) | Market Value ($000) | |||
2 | Virginia Electric & Power Co. | 3.800% | 4/1/28 | 6,666 | 6,473 | |
2 | Virginia Electric & Power Co. | 2.875% | 7/15/29 | 5,810 | 5,264 | |
Virginia Electric & Power Co. | 2.300% | 11/15/31 | 3,064 | 2,547 | ||
Virginia Electric & Power Co. | 2.400% | 3/30/32 | 5,510 | 4,587 | ||
Virginia Electric & Power Co. | 5.000% | 4/1/33 | 5,000 | 5,034 | ||
WEC Energy Group Inc. | 2.200% | 12/15/28 | 3,000 | 2,615 | ||
WEC Energy Group Inc. | 1.800% | 10/15/30 | 6,000 | 4,861 | ||
Wisconsin Electric Power Co. | 1.700% | 6/15/28 | 2,800 | 2,442 | ||
Wisconsin Electric Power Co. | 4.750% | 9/30/32 | 3,914 | 3,935 | ||
Wisconsin Power & Light Co. | 3.950% | 9/1/32 | 7,325 | 6,902 | ||
Xcel Energy Inc. | 4.000% | 6/15/28 | 4,940 | 4,804 | ||
Xcel Energy Inc. | 2.600% | 12/1/29 | 3,730 | 3,261 | ||
Xcel Energy Inc. | 3.400% | 6/1/30 | 8,490 | 7,754 | ||
Xcel Energy Inc. | 2.350% | 11/15/31 | 3,513 | 2,873 | ||
Xcel Energy Inc. | 4.600% | 6/1/32 | 5,630 | 5,477 | ||
1,088,986 | ||||||
Total Corporate Bonds (Cost $14,573,587) | 13,158,482 | |||||
Sovereign Bonds (4.2%) | ||||||
2 | Asian Development Bank | 2.375% | 8/10/27 | 2,870 | 2,710 | |
Asian Development Bank | 6.220% | 8/15/27 | 175 | 188 | ||
2 | Asian Development Bank | 2.750% | 1/19/28 | 7,845 | 7,515 | |
2 | Asian Development Bank | 1.250% | 6/9/28 | 12,750 | 11,269 | |
Asian Development Bank | 5.820% | 6/16/28 | 6,090 | 6,640 | ||
2 | Asian Development Bank | 3.125% | 9/26/28 | 9,534 | 9,252 | |
2 | Asian Development Bank | 1.875% | 3/15/29 | 475 | 429 | |
2 | Asian Development Bank | 1.750% | 9/19/29 | 22,450 | 19,927 | |
2 | Asian Development Bank | 1.875% | 1/24/30 | 19,861 | 17,674 | |
2 | Asian Development Bank | 0.750% | 10/8/30 | 3,445 | 2,787 | |
2 | Asian Development Bank | 1.500% | 3/4/31 | 7,415 | 6,330 | |
Asian Development Bank | 3.125% | 4/27/32 | 17,675 | 16,921 | ||
2 | Asian Development Bank | 3.875% | 9/28/32 | 10,545 | 10,699 | |
2 | Asian Development Bank | 4.000% | 1/12/33 | 16,690 | 17,078 | |
Equinor ASA | 3.250% | 11/10/24 | 6 | 6 | ||
Equinor ASA | 7.250% | 9/23/27 | 5,955 | 6,670 | ||
Equinor ASA | 3.625% | 9/10/28 | 10,834 | 10,558 | ||
Equinor ASA | 3.125% | 4/6/30 | 10,783 | 10,108 | ||
Equinor ASA | 2.375% | 5/22/30 | 6,956 | 6,141 | ||
European Investment Bank | 0.625% | 10/21/27 | 12,720 | 11,087 | ||
European Investment Bank | 3.875% | 3/15/28 | 37,900 | 38,196 | ||
European Investment Bank | 1.625% | 10/9/29 | 17,750 | 15,693 | ||
European Investment Bank | 0.875% | 5/17/30 | 16,915 | 14,017 | ||
European Investment Bank | 0.750% | 9/23/30 | 8,205 | 6,688 | ||
European Investment Bank | 1.250% | 2/14/31 | 33,300 | 28,120 | ||
European Investment Bank | 1.625% | 5/13/31 | 250 | 216 | ||
European Investment Bank | 3.750% | 2/14/33 | 18,925 | 19,152 | ||
Export-Import Bank of Korea | 1.250% | 9/21/30 | 6,290 | 5,049 | ||
Export-Import Bank of Korea | 1.375% | 2/9/31 | 2,500 | 2,002 | ||
Export-Import Bank of Korea | 2.125% | 1/18/32 | 5,100 | 4,244 | ||
Export-Import Bank of Korea | 4.500% | 9/15/32 | 3,700 | 3,706 | ||
Export-Import Bank of Korea | 5.125% | 1/11/33 | 7,800 | 8,173 | ||
2 | Hong Kong Government International Bond | 1.750% | 11/24/31 | 4,100 | 3,460 | |
2 | Hydro-Quebec | 8.500% | 12/1/29 | 1,550 | 1,914 | |
2 | Hydro-Quebec | 9.375% | 4/15/30 | 2,355 | 3,091 | |
Inter-American Development Bank | 1.125% | 7/20/28 | 12,328 | 10,786 | ||
Inter-American Development Bank | 3.125% | 9/18/28 | 23,000 | 22,311 | ||
Inter-American Development Bank | 2.250% | 6/18/29 | 28,430 | 26,121 | ||
Inter-American Development Bank | 3.500% | 9/14/29 | 20,720 | 20,456 | ||
2 | Inter-American Development Bank | 1.125% | 1/13/31 | 43,225 | 35,843 |
Coupon | Maturity Date | Face Amount ($000) | Market Value ($000) | |||
2 | International Bank for Reconstruction & Development | 1.375% | 4/20/28 | 15,852 | 14,162 | |
International Bank for Reconstruction & Development | 1.125% | 9/13/28 | 40,636 | 35,462 | ||
International Bank for Reconstruction & Development | 3.625% | 9/21/29 | 17,760 | 17,671 | ||
2 | International Bank for Reconstruction & Development | 1.750% | 10/23/29 | 31,785 | 28,171 | |
International Bank for Reconstruction & Development | 3.875% | 2/14/30 | 28,745 | 28,991 | ||
International Bank for Reconstruction & Development | 0.875% | 5/14/30 | 40,145 | 33,090 | ||
International Bank for Reconstruction & Development | 0.750% | 8/26/30 | 16,285 | 13,199 | ||
International Bank for Reconstruction & Development | 1.250% | 2/10/31 | 31,355 | 26,292 | ||
International Bank for Reconstruction & Development | 1.625% | 11/3/31 | 42,620 | 36,351 | ||
International Bank for Reconstruction & Development | 2.500% | 3/29/32 | 29,095 | 26,568 | ||
International Finance Corp. | 0.750% | 8/27/30 | 7,000 | 5,684 | ||
5 | Japan Bank for International Cooperation | 3.250% | 7/20/28 | 12,620 | 12,076 | |
5 | Japan Bank for International Cooperation | 3.500% | 10/31/28 | 12,175 | 11,776 | |
5 | Japan Bank for International Cooperation | 2.125% | 2/16/29 | 7,495 | 6,708 | |
5 | Japan Bank for International Cooperation | 2.000% | 10/17/29 | 5,780 | 5,068 | |
5 | Japan Bank for International Cooperation | 1.250% | 1/21/31 | 11,393 | 9,240 | |
5 | Japan Bank for International Cooperation | 1.875% | 4/15/31 | 16,145 | 13,676 | |
5 | Japan International Cooperation Agency | 3.375% | 6/12/28 | 4,000 | 3,845 | |
5 | Japan International Cooperation Agency | 1.000% | 7/22/30 | 4,550 | 3,650 | |
5 | Japan International Cooperation Agency | 1.750% | 4/28/31 | 4,000 | 3,344 | |
6 | KFW | 3.750% | 2/15/28 | 34,200 | 34,257 | |
6 | KFW | 2.875% | 4/3/28 | 26,573 | 25,572 | |
6 | KFW | 1.750% | 9/14/29 | 10,267 | 9,157 | |
6 | KFW | 0.750% | 9/30/30 | 16,803 | 13,685 | |
Korea Development Bank | 1.625% | 1/19/31 | 3,500 | 2,858 | ||
Korea Development Bank | 2.000% | 10/25/31 | 2,746 | 2,271 | ||
Korea Development Bank | 4.250% | 9/8/32 | 600 | 589 | ||
Korea Development Bank | 4.375% | 2/15/33 | 10,000 | 9,894 | ||
6 | Landwirtschaftliche Rentenbank | 0.875% | 9/3/30 | 12,475 | 10,197 | |
7 | Oesterreichische Kontrollbank AG | 4.250% | 3/1/28 | 4,925 | 5,032 | |
2 | Oriental Republic of Uruguay | 4.375% | 1/23/31 | 18,220 | 18,122 | |
Province of Alberta | 3.300% | 3/15/28 | 9,499 | 9,228 | ||
Province of Alberta | 1.300% | 7/22/30 | 23,144 | 19,233 | ||
Province of British Columbia | 2.250% | 6/2/26 | 219 | 208 | ||
Province of British Columbia | 1.300% | 1/29/31 | 10,660 | 8,869 | ||
Province of Manitoba | 2.125% | 6/22/26 | 682 | 643 | ||
2 | Province of Manitoba | 1.500% | 10/25/28 | 6,845 | 6,028 | |
Province of New Brunswick | 3.625% | 2/24/28 | 4,015 | 3,939 | ||
Province of Ontario | 2.000% | 10/2/29 | 13,000 | 11,573 | ||
Province of Ontario | 1.125% | 10/7/30 | 11,703 | 9,590 | ||
Province of Ontario | 1.600% | 2/25/31 | 7,910 | 6,662 | ||
Province of Quebec | 2.500% | 4/20/26 | 297 | 284 | ||
Province of Quebec | 2.750% | 4/12/27 | 4,583 | 4,387 | ||
2 | Province of Quebec | 7.500% | 9/15/29 | 4,110 | 4,911 | |
Province of Quebec | 1.350% | 5/28/30 | 19,960 | 16,840 | ||
Province of Quebec | 1.900% | 4/21/31 | 4,905 | 4,231 | ||
2 | Republic of Chile | 2.450% | 1/31/31 | 8,980 | 7,767 | |
2 | Republic of Chile | 2.550% | 1/27/32 | 16,065 | 13,749 | |
Republic of Indonesia | 4.100% | 4/24/28 | 7,658 | 7,540 | ||
Republic of Indonesia | 4.750% | 2/11/29 | 9,142 | 9,250 | ||
Republic of Indonesia | 3.400% | 9/18/29 | 6,525 | 6,124 |
Coupon | Maturity Date | Face Amount ($000) | Market Value ($000) | |||
Republic of Indonesia | 2.850% | 2/14/30 | 12,065 | 10,930 | ||
Republic of Indonesia | 3.850% | 10/15/30 | 6,390 | 6,109 | ||
Republic of Indonesia | 1.850% | 3/12/31 | 9,950 | 8,100 | ||
2 | Republic of Indonesia | 2.150% | 7/28/31 | 9,215 | 7,668 | |
2 | Republic of Indonesia | 3.550% | 3/31/32 | 16,125 | 14,868 | |
2 | Republic of Indonesia | 4.650% | 9/20/32 | 6,355 | 6,348 | |
2 | Republic of Indonesia | 4.850% | 1/11/33 | 9,955 | 10,015 | |
Republic of Italy | 2.875% | 10/17/29 | 18,835 | 16,404 | ||
Republic of Korea | 3.500% | 9/20/28 | 4,600 | 4,490 | ||
Republic of Korea | 2.500% | 6/19/29 | 5,060 | 4,671 | ||
Republic of Korea | 1.000% | 9/16/30 | 6,445 | 5,265 | ||
Republic of Korea | 1.750% | 10/15/31 | 4,875 | 4,133 | ||
Republic of Panama | 9.375% | 4/1/29 | 6,425 | 7,846 | ||
2 | Republic of Panama | 3.160% | 1/23/30 | 19,150 | 16,823 | |
2 | Republic of Panama | 2.252% | 9/29/32 | 23,757 | 18,220 | |
2 | Republic of Panama | 3.298% | 1/19/33 | 2,100 | 1,758 | |
2 | Republic of Peru | 2.783% | 1/23/31 | 33,105 | 28,316 | |
2 | Republic of Peru | 1.862% | 12/1/32 | 7,820 | 5,922 | |
2 | Republic of Poland | 5.750% | 11/16/32 | 11,660 | 12,428 | |
Republic of the Philippines | 4.625% | 7/17/28 | 1,540 | 1,561 | ||
Republic of the Philippines | 3.750% | 1/14/29 | 10,040 | 9,671 | ||
Republic of the Philippines | 9.500% | 2/2/30 | 15,300 | 19,393 | ||
Republic of the Philippines | 2.457% | 5/5/30 | 11,900 | 10,315 | ||
Republic of the Philippines | 7.750% | 1/14/31 | 12,724 | 15,103 | ||
Republic of the Philippines | 1.648% | 6/10/31 | 4,030 | 3,230 | ||
Republic of the Philippines | 1.950% | 1/6/32 | 8,235 | 6,700 | ||
Republic of the Philippines | 6.375% | 1/15/32 | 8,882 | 9,928 | ||
Republic of the Philippines | 3.556% | 9/29/32 | 6,040 | 5,543 | ||
State of Israel | 2.500% | 1/15/30 | 8,730 | 7,805 | ||
State of Israel | 2.750% | 7/3/30 | 20,240 | 18,329 | ||
State of Israel | 4.500% | 1/17/33 | 13,025 | 12,969 | ||
United Mexican States | 4.500% | 4/22/29 | 24,600 | 24,103 | ||
2 | United Mexican States | 3.250% | 4/16/30 | 29,919 | 26,860 | |
2 | United Mexican States | 2.659% | 5/24/31 | 26,428 | 22,110 | |
2 | United Mexican States | 8.300% | 8/15/31 | 4,210 | 4,987 | |
2 | United Mexican States | 4.750% | 4/27/32 | 16,810 | 16,174 | |
Total Sovereign Bonds (Cost $1,612,541) | 1,466,036 | |||||
Taxable Municipal Bonds (0.4%) | ||||||
Alabama Economic Settlement Authority BP Settlement Revenue | 3.163% | 9/15/25 | 945 | 922 | ||
Bay Area Toll Authority California Toll Bridge Revenue (San Francisco Bay Area) | 2.574% | 4/1/31 | 1,025 | 930 | ||
California GO | 3.500% | 4/1/28 | 3,550 | 3,417 | ||
California GO | 3.050% | 4/1/29 | 3,450 | 3,206 | ||
California GO | 2.500% | 10/1/29 | 2,850 | 2,546 | ||
California GO | 1.750% | 11/1/30 | 5,000 | 4,137 | ||
California GO | 6.000% | 3/1/33 | 3,100 | 3,453 | ||
Commonwealth of Massachusetts SO Revenue | 3.769% | 7/15/29 | 3,300 | 3,200 | ||
Commonwealth of Massachusetts SO Revenue | 4.110% | 7/15/31 | 5,000 | 4,948 | ||
Connecticut GO | 5.850% | 3/15/32 | 9,085 | 9,784 | ||
Energy Northwest Washington Electric Revenue (Columbia Generating Station) | 2.814% | 7/1/24 | 100 | 99 | ||
Florida State Board of Administration Finance Corp. Revenue | 2.154% | 7/1/30 | 12,000 | 10,176 | ||
Jobs Ohio Beverage System Statewide Liquor Profits Revenue | 3.985% | 1/1/29 | 50 | 49 | ||
Jobs Ohio Beverage System Statewide Liquor Profits Revenue | 4.433% | 1/1/33 | 800 | 800 | ||
Los Angeles CA Community College District GO | 1.606% | 8/1/28 | 3,600 | 3,183 | ||
Los Angeles CA Community College District GO | 1.806% | 8/1/30 | 2,900 | 2,461 |
Coupon | Maturity Date | Face Amount ($000) | Market Value ($000) | |||
Los Angeles CA Community College District GO | 2.106% | 8/1/32 | 3,200 | 2,654 | ||
Los Angeles CA Unified School District GO | 5.755% | 7/1/29 | 2,830 | 2,988 | ||
Louisiana Local Government Environmental Facilities & Community Development Authority System Restoration Taxable Bonds Revenue | 3.615% | 2/1/29 | 5,208 | 5,076 | ||
Louisiana Local Government Environmental Facilities & Community Development Authority System Restoration Taxable Bonds Revenue | 5.081% | 6/1/31 | 3,500 | 3,529 | ||
Louisiana Local Government Environmental Facilities & Community Development Authority System Restoration Taxable Bonds Revenue | 4.145% | 2/1/33 | 5,800 | 5,657 | ||
Massachusetts GO | 4.500% | 8/1/31 | 1,350 | 1,361 | ||
Massachusetts School Building Authority Dedicated Sales Tax Revenue | 1.753% | 8/15/30 | 2,600 | 2,202 | ||
Metropolitan Government of Nashville & Davidson County TN Health & Educational Facilities Board Revenue (Vanderbilt University Medical Center) | 4.053% | 7/1/26 | 1,095 | 1,075 | ||
National Finance Authority NH Revenue | 3.300% | 4/1/32 | 2,650 | 2,085 | ||
8 | New Jersey Economic Development Authority Revenue (State Pension Funding) | 7.425% | 2/15/29 | 16,475 | 17,983 | |
New Jersey Transportation Trust Fund Authority Transportation System Revenue | 5.754% | 12/15/28 | 2,425 | 2,488 | ||
New York City NY GO | 5.206% | 10/1/31 | 1,070 | 1,106 | ||
Oregon GO | 5.892% | 6/1/27 | 8,750 | 9,146 | ||
9 | Oregon School Boards Association GO | 5.528% | 6/30/28 | 1,500 | 1,519 | |
8 | Oregon School Boards Association GO | 5.550% | 6/30/28 | 875 | 906 | |
Port Authority of New York & New Jersey Revenue | 6.040% | 12/1/29 | 1,260 | 1,364 | ||
Santa Clara Valley CA Transportation Authority Sales Tax Revenue | 5.876% | 4/1/32 | 850 | 891 | ||
Texas Transportation Commission State Highway Revenue | 5.178% | 4/1/30 | 7,280 | 7,530 | ||
University of California Regents Medical Center Pooled Revenue | 4.132% | 5/15/32 | 3,000 | 2,881 | ||
University of California Revenue | 3.349% | 7/1/29 | 100 | 95 | ||
University of California Revenue | 1.614% | 5/15/30 | 7,125 | 5,923 | ||
Utah GO | 3.539% | 7/1/25 | 549 | 543 | ||
Wisconsin General Fund Annual Appropriation Revenue | 3.154% | 5/1/27 | 3,300 | 3,156 | ||
Total Taxable Municipal Bonds (Cost $146,544) | 135,469 |
Coupon | Shares | Market Value ($000) | ||||
Temporary Cash Investments (0.3%) | ||||||
Money Market Fund (0.3%) | ||||||
10 | Vanguard Market Liquidity Fund (Cost $87,578) | 4.839% | 875,886 | 87,580 | ||
Total Investments (99.5%) (Cost $37,982,032) | 34,863,113 | |||||
Other Assets and Liabilities—Net (0.5%) | 186,311 | |||||
Net Assets (100%) | 35,049,424 |
Cost is in $000. |
1 | Securities with a value of $994,000 have been segregated as initial margin for open futures contracts. |
2 | The average or expected maturity is shorter than the final maturity shown because of the possibility of interim principal payments and prepayments or the possibility of the issue being called. |
3 | 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. |
4 | 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, 2023, the aggregate value was $270,039,000, representing 0.8% of net assets. |
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. |
DAC—Designated Activity Company. | |
GO—General Obligation Bond. | |
SO—Special Obligation. |
Derivative Financial Instruments Outstanding as of Period End
Futures Contracts | ||||
($000) | ||||
Expiration | Number of Long (Short) Contracts | Notional Amount | Value and Unrealized Appreciation (Depreciation) | |
Long Futures Contracts | ||||
5-Year U.S. Treasury Note | June 2023 | 550 | 60,229 | 1,333 |
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 valuation designee to represent fair value and subject to oversight by the board of trustees.
B. Futures Contracts: The fund uses futures contracts to invest in fixed income asset classes with greater efficiency and lower cost than is possible through direct investment, to add value when these instruments are attractively priced, or to adjust sensitivity to changes in interest rates. The primary risks associated with the use of futures contracts are imperfect correlation between changes in market values of bonds held by the fund and the prices of futures contracts, and the possibility of an illiquid market. Counterparty risk involving futures is mitigated because a regulated clearinghouse is the counterparty instead of the clearing broker. To further mitigate counterparty risk, the fund trades futures contracts on an exchange, monitors the financial strength of its clearing brokers and clearinghouse, and has entered into clearing agreements with its clearing brokers. The clearinghouse imposes initial margin requirements to secure the fund’s performance and requires daily settlement of variation margin representing changes in the market value of each contract. Any securities pledged as initial margin for open contracts are noted in the Schedule of Investments.
Futures contracts are valued at their quoted daily settlement prices. Fluctuations in the value of the contracts are recorded as an asset (liability).
C. Various inputs may be used to determine the value of the fund’s investments and derivatives. 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 and derivatives valued with significant unobservable inputs are noted on the Schedule of Investments.
The following table summarizes the market value of the fund’s investments and derivatives as of March 31, 2023, 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 | — | 20,015,546 | — | 20,015,546 |
Corporate Bonds | — | 13,158,482 | — | 13,158,482 |
Sovereign Bonds | — | 1,466,036 | — | 1,466,036 |
Taxable Municipal Bonds | — | 135,469 | — | 135,469 |
Temporary Cash Investments | 87,580 | — | — | 87,580 |
Total | 87,580 | 34,775,533 | — | 34,863,113 |
Derivative Financial Instruments | ||||
Assets | ||||
Futures Contracts1 | 1,333 | — | — | 1,333 |
1 | Includes cumulative appreciation (depreciation) on futures contracts and centrally cleared swaps, if any, as reported in the Schedule of Investments. |