Vanguard® Short-Term Bond Index Fund
Schedule of Investments
(unaudited)
As of March 31, 2024
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 (67.2%) | ||||||
U.S. Government Securities (65.8%) | ||||||
United States Treasury Note/Bond | 3.875% | 4/30/25 | 106,622 | 105,356 | ||
United States Treasury Note/Bond | 2.125% | 5/15/25 | 335,245 | 324,821 | ||
United States Treasury Note/Bond | 2.750% | 5/15/25 | 329,325 | 321,349 | ||
United States Treasury Note/Bond | 0.250% | 5/31/25 | 243,031 | 230,120 | ||
United States Treasury Note/Bond | 2.875% | 5/31/25 | 156,020 | 152,314 | ||
United States Treasury Note/Bond | 4.250% | 5/31/25 | 317,521 | 314,892 | ||
United States Treasury Note/Bond | 2.875% | 6/15/25 | 299,770 | 292,463 | ||
United States Treasury Note/Bond | 0.250% | 6/30/25 | 272,675 | 257,380 | ||
United States Treasury Note/Bond | 2.750% | 6/30/25 | 119,100 | 115,992 | ||
United States Treasury Note/Bond | 4.625% | 6/30/25 | 271,266 | 270,249 | ||
United States Treasury Note/Bond | 3.000% | 7/15/25 | 285,948 | 279,201 | ||
United States Treasury Note/Bond | 0.250% | 7/31/25 | 271,858 | 255,674 | ||
United States Treasury Note/Bond | 2.875% | 7/31/25 | 125,200 | 121,953 | ||
United States Treasury Note/Bond | 4.750% | 7/31/25 | 237,337 | 236,891 | ||
United States Treasury Note/Bond | 2.000% | 8/15/25 | 388,581 | 373,887 | ||
United States Treasury Note/Bond | 3.125% | 8/15/25 | 277,865 | 271,483 | ||
United States Treasury Note/Bond | 0.250% | 8/31/25 | 289,980 | 271,856 | ||
United States Treasury Note/Bond | 2.750% | 8/31/25 | 139,835 | 135,815 | ||
United States Treasury Note/Bond | 5.000% | 8/31/25 | 305,001 | 305,621 | ||
United States Treasury Note/Bond | 3.500% | 9/15/25 | 277,345 | 272,145 | ||
United States Treasury Note/Bond | 0.250% | 9/30/25 | 175,630 | 164,104 | ||
United States Treasury Note/Bond | 3.000% | 9/30/25 | 169,516 | 165,066 | ||
United States Treasury Note/Bond | 5.000% | 9/30/25 | 346,528 | 347,341 | ||
United States Treasury Note/Bond | 4.250% | 10/15/25 | 224,055 | 222,200 | ||
United States Treasury Note/Bond | 0.250% | 10/31/25 | 283,620 | 264,121 | ||
United States Treasury Note/Bond | 3.000% | 10/31/25 | 145,692 | 141,708 | ||
United States Treasury Note/Bond | 5.000% | 10/31/25 | 377,594 | 378,656 | ||
United States Treasury Note/Bond | 2.250% | 11/15/25 | 405,590 | 389,556 | ||
United States Treasury Note/Bond | 4.500% | 11/15/25 | 166,605 | 165,850 | ||
United States Treasury Note/Bond | 0.375% | 11/30/25 | 297,910 | 277,103 | ||
United States Treasury Note/Bond | 2.875% | 11/30/25 | 176,957 | 171,593 | ||
United States Treasury Note/Bond | 4.875% | 11/30/25 | 374,886 | 375,472 | ||
United States Treasury Note/Bond | 4.000% | 12/15/25 | 205,690 | 203,151 | ||
United States Treasury Note/Bond | 0.375% | 12/31/25 | 180,280 | 167,210 | ||
United States Treasury Note/Bond | 2.625% | 12/31/25 | 144,510 | 139,430 | ||
United States Treasury Note/Bond | 4.250% | 12/31/25 | 428,243 | 424,764 | ||
United States Treasury Note/Bond | 3.875% | 1/15/26 | 189,752 | 187,024 | ||
United States Treasury Note/Bond | 0.375% | 1/31/26 | 313,415 | 289,762 | ||
United States Treasury Note/Bond | 2.625% | 1/31/26 | 113,850 | 109,723 | ||
United States Treasury Note/Bond | 4.250% | 1/31/26 | 323,282 | 320,756 | ||
United States Treasury Note/Bond | 1.625% | 2/15/26 | 337,154 | 318,769 |
Coupon | Maturity Date | Face Amount ($000) | Market Value ($000) | |||
United States Treasury Note/Bond | 4.000% | 2/15/26 | 236,694 | 233,735 | ||
United States Treasury Note/Bond | 6.000% | 2/15/26 | 70,340 | 71,956 | ||
United States Treasury Note/Bond | 0.500% | 2/28/26 | 391,534 | 361,863 | ||
United States Treasury Note/Bond | 2.500% | 2/28/26 | 159,995 | 153,670 | ||
United States Treasury Note/Bond | 4.625% | 2/28/26 | 616,717 | 616,236 | ||
United States Treasury Note/Bond | 4.625% | 3/15/26 | 233,255 | 233,073 | ||
United States Treasury Note/Bond | 0.750% | 3/31/26 | 298,005 | 276,120 | ||
United States Treasury Note/Bond | 2.250% | 3/31/26 | 179,250 | 171,128 | ||
1 | United States Treasury Note/Bond | 4.500% | 3/31/26 | 277,332 | 276,639 | |
United States Treasury Note/Bond | 3.750% | 4/15/26 | 283,301 | 278,388 | ||
United States Treasury Note/Bond | 0.750% | 4/30/26 | 262,563 | 242,543 | ||
United States Treasury Note/Bond | 2.375% | 4/30/26 | 128,925 | 123,204 | ||
United States Treasury Note/Bond | 1.625% | 5/15/26 | 332,838 | 312,816 | ||
United States Treasury Note/Bond | 3.625% | 5/15/26 | 207,141 | 203,063 | ||
United States Treasury Note/Bond | 0.750% | 5/31/26 | 408,000 | 375,870 | ||
United States Treasury Note/Bond | 2.125% | 5/31/26 | 124,611 | 118,283 | ||
United States Treasury Note/Bond | 4.125% | 6/15/26 | 163,100 | 161,520 | ||
United States Treasury Note/Bond | 0.875% | 6/30/26 | 314,664 | 290,130 | ||
United States Treasury Note/Bond | 1.875% | 6/30/26 | 176,699 | 166,704 | ||
United States Treasury Note/Bond | 4.500% | 7/15/26 | 94,683 | 94,535 | ||
United States Treasury Note/Bond | 0.625% | 7/31/26 | 337,933 | 308,786 | ||
United States Treasury Note/Bond | 1.875% | 7/31/26 | 185,225 | 174,343 | ||
United States Treasury Note/Bond | 1.500% | 8/15/26 | 350,150 | 326,241 | ||
United States Treasury Note/Bond | 4.375% | 8/15/26 | 241,885 | 240,940 | ||
United States Treasury Note/Bond | 0.750% | 8/31/26 | 362,390 | 331,247 | ||
United States Treasury Note/Bond | 1.375% | 8/31/26 | 111,475 | 103,463 | ||
United States Treasury Note/Bond | 4.625% | 9/15/26 | 83,825 | 84,021 | ||
United States Treasury Note/Bond | 0.875% | 9/30/26 | 322,910 | 295,463 | ||
United States Treasury Note/Bond | 1.625% | 9/30/26 | 95,365 | 88,928 | ||
United States Treasury Note/Bond | 4.625% | 10/15/26 | 141,020 | 141,417 | ||
United States Treasury Note/Bond | 1.125% | 10/31/26 | 326,032 | 299,389 | ||
United States Treasury Note/Bond | 1.625% | 10/31/26 | 129,895 | 120,884 | ||
United States Treasury Note/Bond | 2.000% | 11/15/26 | 311,892 | 292,789 | ||
United States Treasury Note/Bond | 4.625% | 11/15/26 | 191,050 | 191,677 | ||
United States Treasury Note/Bond | 1.250% | 11/30/26 | 352,565 | 324,139 | ||
United States Treasury Note/Bond | 1.625% | 11/30/26 | 138,649 | 128,770 | ||
United States Treasury Note/Bond | 4.375% | 12/15/26 | 99,886 | 99,636 | ||
United States Treasury Note/Bond | 1.250% | 12/31/26 | 304,755 | 279,756 | ||
United States Treasury Note/Bond | 1.750% | 12/31/26 | 140,145 | 130,422 | ||
United States Treasury Note/Bond | 4.000% | 1/15/27 | 179,780 | 177,645 | ||
United States Treasury Note/Bond | 1.500% | 1/31/27 | 441,760 | 407,317 | ||
United States Treasury Note/Bond | 2.250% | 2/15/27 | 277,955 | 261,625 | ||
United States Treasury Note/Bond | 4.125% | 2/15/27 | 217,522 | 215,686 | ||
United States Treasury Note/Bond | 1.125% | 2/28/27 | 61,285 | 55,788 | ||
United States Treasury Note/Bond | 1.875% | 2/28/27 | 335,714 | 312,319 | ||
United States Treasury Note/Bond | 4.250% | 3/15/27 | 155,499 | 154,770 | ||
United States Treasury Note/Bond | 0.625% | 3/31/27 | 138,840 | 124,197 | ||
United States Treasury Note/Bond | 2.500% | 3/31/27 | 307,350 | 290,974 | ||
United States Treasury Note/Bond | 0.500% | 4/30/27 | 213,650 | 189,748 | ||
United States Treasury Note/Bond | 2.750% | 4/30/27 | 291,724 | 277,822 | ||
United States Treasury Note/Bond | 2.375% | 5/15/27 | 383,670 | 360,950 | ||
United States Treasury Note/Bond | 0.500% | 5/31/27 | 234,220 | 207,394 | ||
United States Treasury Note/Bond | 2.625% | 5/31/27 | 344,128 | 326,115 | ||
United States Treasury Note/Bond | 0.500% | 6/30/27 | 227,615 | 201,048 | ||
United States Treasury Note/Bond | 3.250% | 6/30/27 | 313,110 | 302,396 | ||
United States Treasury Note/Bond | 0.375% | 7/31/27 | 301,715 | 264,566 | ||
United States Treasury Note/Bond | 2.750% | 7/31/27 | 306,247 | 290,839 | ||
United States Treasury Note/Bond | 2.250% | 8/15/27 | 304,656 | 284,424 |
Coupon | Maturity Date | Face Amount ($000) | Market Value ($000) | |||
United States Treasury Note/Bond | 0.500% | 8/31/27 | 301,240 | 264,573 | ||
United States Treasury Note/Bond | 3.125% | 8/31/27 | 240,427 | 230,960 | ||
United States Treasury Note/Bond | 0.375% | 9/30/27 | 329,000 | 286,847 | ||
United States Treasury Note/Bond | 4.125% | 9/30/27 | 326,240 | 323,691 | ||
United States Treasury Note/Bond | 0.500% | 10/31/27 | 340,000 | 296,969 | ||
United States Treasury Note/Bond | 4.125% | 10/31/27 | 282,359 | 280,109 | ||
United States Treasury Note/Bond | 2.250% | 11/15/27 | 317,370 | 295,154 | ||
United States Treasury Note/Bond | 0.625% | 11/30/27 | 365,000 | 319,489 | ||
United States Treasury Note/Bond | 3.875% | 11/30/27 | 338,590 | 333,194 | ||
United States Treasury Note/Bond | 0.625% | 12/31/27 | 343,400 | 299,724 | ||
United States Treasury Note/Bond | 3.875% | 12/31/27 | 301,952 | 297,140 | ||
United States Treasury Note/Bond | 0.750% | 1/31/28 | 388,530 | 339,903 | ||
United States Treasury Note/Bond | 3.500% | 1/31/28 | 279,807 | 271,588 | ||
United States Treasury Note/Bond | 2.750% | 2/15/28 | 415,245 | 391,952 | ||
United States Treasury Note/Bond | 1.125% | 2/29/28 | 412,154 | 365,078 | ||
United States Treasury Note/Bond | 4.000% | 2/29/28 | 236,971 | 234,231 | ||
United States Treasury Note/Bond | 1.250% | 3/31/28 | 368,510 | 327,398 | ||
United States Treasury Note/Bond | 3.625% | 3/31/28 | 265,686 | 259,002 | ||
United States Treasury Note/Bond | 1.250% | 4/30/28 | 355,610 | 315,270 | ||
United States Treasury Note/Bond | 3.500% | 4/30/28 | 233,747 | 226,735 | ||
United States Treasury Note/Bond | 2.875% | 5/15/28 | 360,650 | 341,265 | ||
United States Treasury Note/Bond | 1.250% | 5/31/28 | 363,000 | 321,142 | ||
United States Treasury Note/Bond | 3.625% | 5/31/28 | 291,623 | 284,241 | ||
United States Treasury Note/Bond | 1.250% | 6/30/28 | 317,735 | 280,550 | ||
United States Treasury Note/Bond | 4.000% | 6/30/28 | 214,586 | 212,205 | ||
United States Treasury Note/Bond | 1.000% | 7/31/28 | 367,460 | 320,207 | ||
United States Treasury Note/Bond | 4.125% | 7/31/28 | 245,722 | 244,263 | ||
United States Treasury Note/Bond | 2.875% | 8/15/28 | 362,678 | 342,391 | ||
United States Treasury Note/Bond | 1.125% | 8/31/28 | 381,340 | 333,434 | ||
United States Treasury Note/Bond | 4.375% | 8/31/28 | 249,538 | 250,552 | ||
United States Treasury Note/Bond | 1.250% | 9/30/28 | 367,759 | 322,708 | ||
United States Treasury Note/Bond | 4.625% | 9/30/28 | 297,884 | 302,166 | ||
United States Treasury Note/Bond | 1.375% | 10/31/28 | 341,165 | 300,545 | ||
United States Treasury Note/Bond | 4.875% | 10/31/28 | 213,478 | 218,848 | ||
United States Treasury Note/Bond | 3.125% | 11/15/28 | 353,235 | 336,401 | ||
United States Treasury Note/Bond | 5.250% | 11/15/28 | 62,880 | 65,317 | ||
United States Treasury Note/Bond | 1.500% | 11/30/28 | 327,540 | 289,668 | ||
United States Treasury Note/Bond | 4.375% | 11/30/28 | 284,863 | 286,421 | ||
United States Treasury Note/Bond | 1.375% | 12/31/28 | 326,900 | 286,804 | ||
United States Treasury Note/Bond | 3.750% | 12/31/28 | 344,208 | 336,894 | ||
United States Treasury Note/Bond | 1.750% | 1/31/29 | 307,495 | 274,247 | ||
United States Treasury Note/Bond | 4.000% | 1/31/29 | 349,025 | 345,480 | ||
United States Treasury Note/Bond | 2.625% | 2/15/29 | 350,000 | 325,172 | ||
United States Treasury Note/Bond | 1.875% | 2/28/29 | 296,005 | 265,202 | ||
United States Treasury Note/Bond | 4.250% | 2/28/29 | 253,213 | 253,569 | ||
1 | United States Treasury Note/Bond | 4.125% | 3/31/29 | 1,075,000 | 1,070,465 | |
37,731,395 | ||||||
Agency Bonds and Notes (1.4%) | ||||||
2 | AID-Jordan | 3.000% | 6/30/25 | 4,675 | 4,560 | |
Federal Farm Credit Banks | 2.510% | 4/1/25 | 7,200 | 7,022 | ||
Federal Farm Credit Banks | 4.250% | 9/30/25 | 12,020 | 11,905 | ||
Federal Farm Credit Banks | 5.125% | 10/10/25 | 19,720 | 19,786 | ||
Federal Farm Credit Banks | 5.125% | 10/20/25 | 11,660 | 11,696 | ||
Federal Farm Credit Banks | 4.000% | 1/13/26 | 7,400 | 7,301 | ||
Federal Farm Credit Banks | 3.875% | 2/2/26 | 4,720 | 4,649 | ||
Federal Farm Credit Banks | 4.750% | 3/9/26 | 7,070 | 7,077 | ||
Federal Farm Credit Banks | 4.875% | 4/20/26 | 20,000 | 20,079 | ||
Federal Farm Credit Banks | 4.375% | 6/23/26 | 21,175 | 21,047 |
Coupon | Maturity Date | Face Amount ($000) | Market Value ($000) | |||
Federal Farm Credit Banks | 4.375% | 7/6/26 | 20,000 | 19,894 | ||
Federal Farm Credit Banks | 4.625% | 7/17/26 | 19,675 | 19,676 | ||
Federal Farm Credit Banks | 5.000% | 7/30/26 | 11,560 | 11,658 | ||
Federal Farm Credit Banks | 4.500% | 8/14/26 | 7,310 | 7,295 | ||
Federal Farm Credit Banks | 4.625% | 11/15/27 | 4,550 | 4,591 | ||
Federal Farm Credit Banks | 4.500% | 9/22/28 | 13,711 | 13,838 | ||
Federal Home Loan Banks | 0.500% | 4/14/25 | 29,008 | 27,683 | ||
Federal Home Loan Banks | 4.625% | 6/6/25 | 16,645 | 16,561 | ||
3 | Federal Home Loan Banks | 4.000% | 8/28/25 | 275 | 271 | |
Federal Home Loan Banks | 0.375% | 9/4/25 | 15,050 | 14,119 | ||
Federal Home Loan Banks | 4.875% | 9/12/25 | 19,860 | 19,844 | ||
Federal Home Loan Banks | 4.375% | 6/12/26 | 7,720 | 7,676 | ||
Federal Home Loan Banks | 1.875% | 9/11/26 | 34,930 | 32,768 | ||
Federal Home Loan Banks | 4.625% | 9/11/26 | 41,735 | 41,777 | ||
Federal Home Loan Banks | 4.625% | 11/17/26 | 28,065 | 28,156 | ||
Federal Home Loan Banks | 1.250% | 12/21/26 | 33,975 | 31,158 | ||
Federal Home Loan Banks | 4.125% | 1/15/27 | 7,285 | 7,212 | ||
Federal Home Loan Banks | 4.250% | 12/10/27 | 2,305 | 2,298 | ||
Federal Home Loan Banks | 4.000% | 6/30/28 | 38,330 | 37,916 | ||
Federal Home Loan Banks | 4.375% | 9/8/28 | 14,840 | 14,896 | ||
3,4 | Federal Home Loan Mortgage Corp. | 0.375% | 7/21/25 | 44,270 | 41,728 | |
4 | Federal Home Loan Mortgage Corp. | 0.375% | 9/23/25 | 52,770 | 49,418 | |
4 | Federal National Mortgage Assn. | 0.625% | 4/22/25 | 35,700 | 34,080 | |
4 | Federal National Mortgage Assn. | 0.500% | 6/17/25 | 21,315 | 20,191 | |
4 | Federal National Mortgage Assn. | 0.375% | 8/25/25 | 44,700 | 41,959 | |
4 | Federal National Mortgage Assn. | 0.500% | 11/7/25 | 45,535 | 42,512 | |
4 | Federal National Mortgage Assn. | 2.125% | 4/24/26 | 28,980 | 27,544 | |
4 | Federal National Mortgage Assn. | 1.875% | 9/24/26 | 33,290 | 31,216 | |
Tennessee Valley Authority | 0.750% | 5/15/25 | 6,945 | 6,628 | ||
3 | Tennessee Valley Authority | 6.750% | 11/1/25 | 6,045 | 6,214 | |
3 | Tennessee Valley Authority | 2.875% | 2/1/27 | 11,955 | 11,446 | |
Tennessee Valley Authority | 3.875% | 3/15/28 | 10,860 | 10,678 | ||
798,023 | ||||||
Total U.S. Government and Agency Obligations (Cost $39,685,276) | 38,529,418 | |||||
Corporate Bonds (26.5%) | ||||||
Communications (1.5%) | ||||||
Alphabet Inc. | 0.450% | 8/15/25 | 5,780 | 5,446 | ||
Alphabet Inc. | 1.998% | 8/15/26 | 7,637 | 7,184 | ||
Alphabet Inc. | 0.800% | 8/15/27 | 6,223 | 5,532 | ||
AT&T Inc. | 1.700% | 3/25/26 | 18,290 | 17,097 | ||
AT&T Inc. | 3.800% | 2/15/27 | 3,293 | 3,188 | ||
AT&T Inc. | 4.250% | 3/1/27 | 9,931 | 9,753 | ||
AT&T Inc. | 2.300% | 6/1/27 | 18,790 | 17,316 | ||
AT&T Inc. | 1.650% | 2/1/28 | 16,688 | 14,780 | ||
3 | AT&T Inc. | 4.100% | 2/15/28 | 8,355 | 8,103 | |
AT&T Inc. | 4.350% | 3/1/29 | 27,577 | 26,874 | ||
Baidu Inc. | 3.075% | 4/7/25 | 5,417 | 5,284 | ||
Baidu Inc. | 4.125% | 6/30/25 | 4,090 | 4,019 | ||
Baidu Inc. | 1.720% | 4/9/26 | 3,352 | 3,123 | ||
Baidu Inc. | 1.625% | 2/23/27 | 2,760 | 2,501 | ||
Baidu Inc. | 3.625% | 7/6/27 | 5,615 | 5,360 | ||
Baidu Inc. | 4.375% | 3/29/28 | 3,450 | 3,377 | ||
Booking Holdings Inc. | 3.600% | 6/1/26 | 11,227 | 10,904 | ||
Booking Holdings Inc. | 3.550% | 3/15/28 | 3,815 | 3,645 | ||
Charter Communications Operating LLC | 4.908% | 7/23/25 | 29,997 | 29,637 | ||
Charter Communications Operating LLC | 6.150% | 11/10/26 | 5,125 | 5,162 | ||
Charter Communications Operating LLC | 3.750% | 2/15/28 | 14,390 | 13,348 |
Coupon | Maturity Date | Face Amount ($000) | Market Value ($000) | |||
Charter Communications Operating LLC | 2.250% | 1/15/29 | 7,600 | 6,466 | ||
Charter Communications Operating LLC | 5.050% | 3/30/29 | 7,340 | 7,077 | ||
Comcast Corp. | 3.375% | 8/15/25 | 4,884 | 4,774 | ||
Comcast Corp. | 3.950% | 10/15/25 | 25,178 | 24,762 | ||
Comcast Corp. | 3.150% | 3/1/26 | 15,999 | 15,494 | ||
Comcast Corp. | 2.350% | 1/15/27 | 13,557 | 12,681 | ||
Comcast Corp. | 3.300% | 2/1/27 | 2,981 | 2,860 | ||
Comcast Corp. | 3.300% | 4/1/27 | 5,264 | 5,036 | ||
Comcast Corp. | 3.150% | 2/15/28 | 13,655 | 12,880 | ||
Comcast Corp. | 3.550% | 5/1/28 | 7,334 | 6,996 | ||
Comcast Corp. | 4.150% | 10/15/28 | 25,002 | 24,401 | ||
Comcast Corp. | 4.550% | 1/15/29 | 2,667 | 2,647 | ||
Discovery Communications LLC | 3.950% | 6/15/25 | 5,069 | 4,979 | ||
Discovery Communications LLC | 4.900% | 3/11/26 | 8,148 | 8,065 | ||
Discovery Communications LLC | 3.950% | 3/20/28 | 11,580 | 10,968 | ||
Electronic Arts Inc. | 4.800% | 3/1/26 | 2,885 | 2,867 | ||
Expedia Group Inc. | 5.000% | 2/15/26 | 8,968 | 8,915 | ||
Expedia Group Inc. | 4.625% | 8/1/27 | 6,467 | 6,345 | ||
FactSet Research Systems Inc. | 2.900% | 3/1/27 | 2,600 | 2,445 | ||
Fox Corp. | 3.050% | 4/7/25 | 5,738 | 5,594 | ||
Fox Corp. | 4.709% | 1/25/29 | 11,791 | 11,632 | ||
Interpublic Group of Cos. Inc. | 4.650% | 10/1/28 | 2,379 | 2,338 | ||
Meta Platforms Inc. | 3.500% | 8/15/27 | 19,620 | 18,875 | ||
Meta Platforms Inc. | 4.600% | 5/15/28 | 10,705 | 10,701 | ||
Netflix Inc. | 4.375% | 11/15/26 | 4,891 | 4,817 | ||
Netflix Inc. | 4.875% | 4/15/28 | 9,838 | 9,817 | ||
Netflix Inc. | 5.875% | 11/15/28 | 14,908 | 15,495 | ||
Omnicom Group Inc. | 3.600% | 4/15/26 | 9,935 | 9,650 | ||
Paramount Global | 2.900% | 1/15/27 | 5,230 | 4,789 | ||
Paramount Global | 3.700% | 6/1/28 | 3,550 | 3,193 | ||
Rogers Communications Inc. | 3.625% | 12/15/25 | 5,346 | 5,191 | ||
Rogers Communications Inc. | 2.900% | 11/15/26 | 3,692 | 3,479 | ||
Rogers Communications Inc. | 3.200% | 3/15/27 | 5,405 | 5,133 | ||
Rogers Communications Inc. | 5.000% | 2/15/29 | 10,500 | 10,429 | ||
Sprint Capital Corp. | 6.875% | 11/15/28 | 15,048 | 16,016 | ||
Take-Two Interactive Software Inc. | 3.550% | 4/14/25 | 5,245 | 5,146 | ||
Take-Two Interactive Software Inc. | 5.000% | 3/28/26 | 5,125 | 5,099 | ||
Take-Two Interactive Software Inc. | 3.700% | 4/14/27 | 2,998 | 2,877 | ||
Take-Two Interactive Software Inc. | 4.950% | 3/28/28 | 3,565 | 3,552 | ||
TCI Communications Inc. | 7.875% | 2/15/26 | 3,950 | 4,140 | ||
Telefonica Emisiones SA | 4.103% | 3/8/27 | 5,351 | 5,205 | ||
TELUS Corp. | 2.800% | 2/16/27 | 5,480 | 5,145 | ||
Thomson Reuters Corp. | 3.350% | 5/15/26 | 2,885 | 2,780 | ||
T-Mobile USA Inc. | 3.500% | 4/15/25 | 18,036 | 17,680 | ||
T-Mobile USA Inc. | 1.500% | 2/15/26 | 5,432 | 5,071 | ||
T-Mobile USA Inc. | 2.250% | 2/15/26 | 1,032 | 976 | ||
T-Mobile USA Inc. | 2.625% | 4/15/26 | 12,197 | 11,585 | ||
T-Mobile USA Inc. | 3.750% | 4/15/27 | 32,057 | 30,863 | ||
T-Mobile USA Inc. | 4.750% | 2/1/28 | 9,586 | 9,459 | ||
T-Mobile USA Inc. | 2.050% | 2/15/28 | 16,875 | 15,116 | ||
T-Mobile USA Inc. | 4.950% | 3/15/28 | 4,290 | 4,281 | ||
T-Mobile USA Inc. | 4.800% | 7/15/28 | 4,565 | 4,526 | ||
T-Mobile USA Inc. | 2.625% | 2/15/29 | 2,525 | 2,261 | ||
T-Mobile USA Inc. | 2.400% | 3/15/29 | 5,539 | 4,911 | ||
3 | TWDC Enterprises 18 Corp. | 3.150% | 9/17/25 | 7,633 | 7,424 | |
TWDC Enterprises 18 Corp. | 3.000% | 2/13/26 | 6,257 | 6,036 | ||
3 | TWDC Enterprises 18 Corp. | 1.850% | 7/30/26 | 4,757 | 4,449 | |
Verizon Communications Inc. | 0.850% | 11/20/25 | 13,821 | 12,881 |
Coupon | Maturity Date | Face Amount ($000) | Market Value ($000) | |||
Verizon Communications Inc. | 1.450% | 3/20/26 | 10,585 | 9,871 | ||
Verizon Communications Inc. | 2.625% | 8/15/26 | 8,279 | 7,844 | ||
Verizon Communications Inc. | 4.125% | 3/16/27 | 21,745 | 21,268 | ||
Verizon Communications Inc. | 3.000% | 3/22/27 | 7,369 | 6,984 | ||
Verizon Communications Inc. | 2.100% | 3/22/28 | 19,545 | 17,600 | ||
Verizon Communications Inc. | 4.329% | 9/21/28 | 26,949 | 26,353 | ||
Verizon Communications Inc. | 3.875% | 2/8/29 | 3,434 | 3,287 | ||
Vodafone Group plc | 4.125% | 5/30/25 | 11,544 | 11,368 | ||
Vodafone Group plc | 4.375% | 5/30/28 | 4,687 | 4,620 | ||
Walt Disney Co. | 3.700% | 10/15/25 | 4,468 | 4,377 | ||
Walt Disney Co. | 1.750% | 1/13/26 | 4,771 | 4,511 | ||
Walt Disney Co. | 3.375% | 11/15/26 | 4,096 | 3,941 | ||
Walt Disney Co. | 2.200% | 1/13/28 | 5,950 | 5,466 | ||
Walt Disney Co. | 2.000% | 9/1/29 | 5,000 | 4,353 | ||
Warnermedia Holdings Inc. | 3.755% | 3/15/27 | 26,657 | 25,431 | ||
Warnermedia Holdings Inc. | 4.054% | 3/15/29 | 4,823 | 4,516 | ||
842,693 | ||||||
Consumer Discretionary (1.9%) | ||||||
Alibaba Group Holding Ltd. | 3.400% | 12/6/27 | 16,880 | 15,958 | ||
Amazon.com Inc. | 0.800% | 6/3/25 | 11,011 | 10,494 | ||
Amazon.com Inc. | 4.600% | 12/1/25 | 11,352 | 11,306 | ||
Amazon.com Inc. | 5.200% | 12/3/25 | 3,979 | 3,997 | ||
Amazon.com Inc. | 1.000% | 5/12/26 | 5,248 | 4,847 | ||
Amazon.com Inc. | 3.300% | 4/13/27 | 35,954 | 34,571 | ||
Amazon.com Inc. | 3.150% | 8/22/27 | 13,093 | 12,479 | ||
Amazon.com Inc. | 4.550% | 12/1/27 | 15,100 | 15,098 | ||
Amazon.com Inc. | 1.650% | 5/12/28 | 5,020 | 4,482 | ||
3 | American Honda Finance Corp. | 1.200% | 7/8/25 | 5,055 | 4,803 | |
3 | American Honda Finance Corp. | 1.000% | 9/10/25 | 5,872 | 5,531 | |
3 | American Honda Finance Corp. | 4.950% | 1/9/26 | 3,500 | 3,491 | |
3 | American Honda Finance Corp. | 5.250% | 7/7/26 | 7,840 | 7,886 | |
3 | American Honda Finance Corp. | 2.300% | 9/9/26 | 3,791 | 3,559 | |
3 | American Honda Finance Corp. | 2.350% | 1/8/27 | 1,404 | 1,313 | |
American Honda Finance Corp. | 4.900% | 3/12/27 | 1,650 | 1,647 | ||
3 | American Honda Finance Corp. | 2.000% | 3/24/28 | 6,250 | 5,627 | |
3 | American Honda Finance Corp. | 5.125% | 7/7/28 | 7,305 | 7,398 | |
American Honda Finance Corp. | 5.650% | 11/15/28 | 9,230 | 9,516 | ||
American Honda Finance Corp. | 4.900% | 3/13/29 | 3,040 | 3,031 | ||
AutoNation Inc. | 4.500% | 10/1/25 | 3,229 | 3,179 | ||
AutoNation Inc. | 3.800% | 11/15/27 | 3,630 | 3,421 | ||
AutoZone Inc. | 3.250% | 4/15/25 | 880 | 859 | ||
AutoZone Inc. | 3.625% | 4/15/25 | 5,501 | 5,399 | ||
AutoZone Inc. | 3.125% | 4/21/26 | 4,662 | 4,485 | ||
AutoZone Inc. | 5.050% | 7/15/26 | 4,000 | 4,007 | ||
AutoZone Inc. | 3.750% | 6/1/27 | 6,181 | 5,964 | ||
AutoZone Inc. | 4.500% | 2/1/28 | 4,215 | 4,152 | ||
AutoZone Inc. | 6.250% | 11/1/28 | 3,140 | 3,293 | ||
BorgWarner Inc. | 2.650% | 7/1/27 | 8,545 | 7,913 | ||
Brunswick Corp. | 5.850% | 3/18/29 | 2,325 | 2,351 | ||
Darden Restaurants Inc. | 3.850% | 5/1/27 | 4,330 | 4,164 | ||
DR Horton Inc. | 2.600% | 10/15/25 | 5,600 | 5,369 | ||
DR Horton Inc. | 1.400% | 10/15/27 | 2,125 | 1,886 | ||
eBay Inc. | 5.900% | 11/22/25 | 3,940 | 3,969 | ||
eBay Inc. | 1.400% | 5/10/26 | 4,980 | 4,615 | ||
eBay Inc. | 3.600% | 6/5/27 | 5,062 | 4,862 | ||
eBay Inc. | 5.950% | 11/22/27 | 4,725 | 4,877 | ||
Ford Motor Credit Co. LLC | 4.687% | 6/9/25 | 5,419 | 5,349 | ||
Ford Motor Credit Co. LLC | 5.125% | 6/16/25 | 5,000 | 4,956 |
Coupon | Maturity Date | Face Amount ($000) | Market Value ($000) | |||
Ford Motor Credit Co. LLC | 4.134% | 8/4/25 | 7,143 | 6,983 | ||
3 | Ford Motor Credit Co. LLC | 4.389% | 1/8/26 | 175 | 171 | |
Ford Motor Credit Co. LLC | 4.542% | 8/1/26 | 5,769 | 5,600 | ||
Ford Motor Credit Co. LLC | 2.700% | 8/10/26 | 11,944 | 11,137 | ||
Ford Motor Credit Co. LLC | 4.271% | 1/9/27 | 12,935 | 12,439 | ||
Ford Motor Credit Co. LLC | 4.950% | 5/28/27 | 4,448 | 4,340 | ||
Ford Motor Credit Co. LLC | 4.125% | 8/17/27 | 12,615 | 11,972 | ||
Ford Motor Credit Co. LLC | 3.815% | 11/2/27 | 1,459 | 1,367 | ||
Ford Motor Credit Co. LLC | 7.350% | 11/4/27 | 2,843 | 2,982 | ||
Ford Motor Credit Co. LLC | 2.900% | 2/16/28 | 4,670 | 4,220 | ||
Ford Motor Credit Co. LLC | 6.800% | 5/12/28 | 2,977 | 3,090 | ||
Ford Motor Credit Co. LLC | 6.798% | 11/7/28 | 15,602 | 16,274 | ||
Ford Motor Credit Co. LLC | 2.900% | 2/10/29 | 4,991 | 4,401 | ||
Ford Motor Credit Co. LLC | 5.800% | 3/8/29 | 9,500 | 9,534 | ||
Ford Motor Credit Co. LLC | 5.113% | 5/3/29 | 10,744 | 10,437 | ||
Fortune Brands Innovations Inc. | 4.000% | 6/15/25 | 4,517 | 4,430 | ||
General Motors Co. | 4.000% | 4/1/25 | 4,857 | 4,780 | ||
General Motors Co. | 6.125% | 10/1/25 | 20,459 | 20,633 | ||
General Motors Co. | 6.800% | 10/1/27 | 8,245 | 8,636 | ||
General Motors Financial Co. Inc. | 3.800% | 4/7/25 | 5,988 | 5,877 | ||
General Motors Financial Co. Inc. | 4.350% | 4/9/25 | 4,257 | 4,204 | ||
General Motors Financial Co. Inc. | 2.750% | 6/20/25 | 5,077 | 4,907 | ||
General Motors Financial Co. Inc. | 4.300% | 7/13/25 | 4,866 | 4,790 | ||
General Motors Financial Co. Inc. | 1.250% | 1/8/26 | 9,553 | 8,893 | ||
General Motors Financial Co. Inc. | 5.250% | 3/1/26 | 14,115 | 14,077 | ||
General Motors Financial Co. Inc. | 5.400% | 4/6/26 | 7,515 | 7,520 | ||
General Motors Financial Co. Inc. | 1.500% | 6/10/26 | 10,170 | 9,357 | ||
General Motors Financial Co. Inc. | 4.000% | 10/6/26 | 11,343 | 10,991 | ||
General Motors Financial Co. Inc. | 4.350% | 1/17/27 | 12,946 | 12,642 | ||
General Motors Financial Co. Inc. | 2.350% | 2/26/27 | 4,940 | 4,559 | ||
General Motors Financial Co. Inc. | 5.000% | 4/9/27 | 14,338 | 14,234 | ||
General Motors Financial Co. Inc. | 2.700% | 8/20/27 | 5,538 | 5,103 | ||
General Motors Financial Co. Inc. | 6.000% | 1/9/28 | 12,955 | 13,284 | ||
General Motors Financial Co. Inc. | 5.800% | 6/23/28 | 13,845 | 14,110 | ||
General Motors Financial Co. Inc. | 2.400% | 10/15/28 | 4,088 | 3,620 | ||
General Motors Financial Co. Inc. | 5.800% | 1/7/29 | 26,220 | 26,696 | ||
GXO Logistics Inc. | 1.650% | 7/15/26 | 4,370 | 4,003 | ||
5 | Harley-Davidson Financial Services Inc. | 3.350% | 6/8/25 | 200 | 194 | |
Harley-Davidson Inc. | 3.500% | 7/28/25 | 4,049 | 3,948 | ||
Hasbro Inc. | 3.550% | 11/19/26 | 9,603 | 9,151 | ||
Home Depot Inc. | 2.700% | 4/15/25 | 3,285 | 3,203 | ||
Home Depot Inc. | 3.350% | 9/15/25 | 10,542 | 10,308 | ||
Home Depot Inc. | 4.000% | 9/15/25 | 2,330 | 2,296 | ||
Home Depot Inc. | 3.000% | 4/1/26 | 8,637 | 8,332 | ||
Home Depot Inc. | 2.125% | 9/15/26 | 4,645 | 4,355 | ||
Home Depot Inc. | 4.950% | 9/30/26 | 3,135 | 3,139 | ||
Home Depot Inc. | 2.500% | 4/15/27 | 5,077 | 4,758 | ||
Home Depot Inc. | 2.875% | 4/15/27 | 7,062 | 6,700 | ||
Home Depot Inc. | 2.800% | 9/14/27 | 4,901 | 4,617 | ||
Home Depot Inc. | 1.500% | 9/15/28 | 6,194 | 5,436 | ||
Home Depot Inc. | 3.900% | 12/6/28 | 7,050 | 6,848 | ||
Home Depot Inc. | 4.900% | 4/15/29 | 4,000 | 4,042 | ||
Honda Motor Co. Ltd. | 2.534% | 3/10/27 | 16,153 | 15,148 | ||
Hyatt Hotels Corp. | 5.375% | 4/23/25 | 4,416 | 4,404 | ||
Hyatt Hotels Corp. | 4.850% | 3/15/26 | 4,462 | 4,413 | ||
Hyatt Hotels Corp. | 5.750% | 1/30/27 | 2,000 | 2,033 | ||
JD.com Inc. | 3.875% | 4/29/26 | 4,439 | 4,309 | ||
Leggett & Platt Inc. | 3.500% | 11/15/27 | 3,638 | 3,403 |
Coupon | Maturity Date | Face Amount ($000) | Market Value ($000) | |||
Leggett & Platt Inc. | 4.400% | 3/15/29 | 2,615 | 2,456 | ||
Leland Stanford Junior University | 1.289% | 6/1/27 | 3,271 | 2,945 | ||
Lennar Corp. | 4.750% | 5/30/25 | 5,917 | 5,865 | ||
Lennar Corp. | 5.250% | 6/1/26 | 1,457 | 1,456 | ||
Lennar Corp. | 4.750% | 11/29/27 | 5,230 | 5,165 | ||
Lowe's Cos. Inc. | 4.000% | 4/15/25 | 5,164 | 5,093 | ||
Lowe's Cos. Inc. | 4.400% | 9/8/25 | 4,795 | 4,736 | ||
Lowe's Cos. Inc. | 3.375% | 9/15/25 | 9,003 | 8,772 | ||
Lowe's Cos. Inc. | 4.800% | 4/1/26 | 5,000 | 4,971 | ||
Lowe's Cos. Inc. | 2.500% | 4/15/26 | 8,552 | 8,132 | ||
Lowe's Cos. Inc. | 3.350% | 4/1/27 | 9,211 | 8,801 | ||
Lowe's Cos. Inc. | 3.100% | 5/3/27 | 13,742 | 13,028 | ||
Lowe's Cos. Inc. | 1.300% | 4/15/28 | 5,248 | 4,577 | ||
Lowe's Cos. Inc. | 1.700% | 9/15/28 | 6,702 | 5,862 | ||
Magna International Inc. | 4.150% | 10/1/25 | 2,186 | 2,152 | ||
Magna International Inc. | 5.050% | 3/14/29 | 6,500 | 6,497 | ||
3 | Marriott International Inc. | 5.750% | 5/1/25 | 2,408 | 2,414 | |
Marriott International Inc. | 3.750% | 10/1/25 | 4,962 | 4,841 | ||
3 | Marriott International Inc. | 3.125% | 6/15/26 | 4,049 | 3,868 | |
Marriott International Inc. | 5.000% | 10/15/27 | 5,246 | 5,232 | ||
3 | Marriott International Inc. | 4.000% | 4/15/28 | 5,020 | 4,832 | |
Marriott International Inc. | 4.875% | 5/15/29 | 1,500 | 1,485 | ||
3 | McDonald's Corp. | 3.375% | 5/26/25 | 5,340 | 5,227 | |
3 | McDonald's Corp. | 3.300% | 7/1/25 | 9,278 | 9,070 | |
3 | McDonald's Corp. | 1.450% | 9/1/25 | 6,561 | 6,228 | |
3 | McDonald's Corp. | 3.700% | 1/30/26 | 4,156 | 4,068 | |
3 | McDonald's Corp. | 3.500% | 3/1/27 | 10,976 | 10,605 | |
3 | McDonald's Corp. | 3.800% | 4/1/28 | 7,425 | 7,162 | |
McDonald's Corp. | 4.800% | 8/14/28 | 8,725 | 8,745 | ||
Mohawk Industries Inc. | 5.850% | 9/18/28 | 3,060 | 3,150 | ||
NIKE Inc. | 2.750% | 3/27/27 | 5,452 | 5,163 | ||
O'Reilly Automotive Inc. | 3.550% | 3/15/26 | 3,505 | 3,401 | ||
O'Reilly Automotive Inc. | 5.750% | 11/20/26 | 2,115 | 2,150 | ||
O'Reilly Automotive Inc. | 3.600% | 9/1/27 | 2,400 | 2,293 | ||
Owens Corning | 3.400% | 8/15/26 | 3,141 | 3,012 | ||
Polaris Inc. | 6.950% | 3/15/29 | 2,637 | 2,805 | ||
PulteGroup Inc. | 5.500% | 3/1/26 | 4,979 | 4,985 | ||
PulteGroup Inc. | 5.000% | 1/15/27 | 2,290 | 2,282 | ||
PVH Corp. | 4.625% | 7/10/25 | 4,335 | 4,278 | ||
Ralph Lauren Corp. | 3.750% | 9/15/25 | 3,599 | 3,521 | ||
Ross Stores Inc. | 4.600% | 4/15/25 | 5,304 | 5,253 | ||
Ross Stores Inc. | 0.875% | 4/15/26 | 7,555 | 6,942 | ||
Sands China Ltd. | 5.125% | 8/8/25 | 11,825 | 11,659 | ||
Sands China Ltd. | 4.050% | 1/8/26 | 5,245 | 5,038 | ||
Sands China Ltd. | 2.300% | 3/8/27 | 4,625 | 4,189 | ||
Sands China Ltd. | 5.400% | 8/8/28 | 11,101 | 10,883 | ||
Snap-on Inc. | 3.250% | 3/1/27 | 1,956 | 1,887 | ||
Stanley Black & Decker Inc. | 3.400% | 3/1/26 | 5,725 | 5,524 | ||
3 | Stanley Black & Decker Inc. | 4.000% | 3/15/60 | 3,508 | 3,084 | |
Starbucks Corp. | 3.800% | 8/15/25 | 5,354 | 5,253 | ||
Starbucks Corp. | 4.750% | 2/15/26 | 5,139 | 5,108 | ||
Starbucks Corp. | 2.450% | 6/15/26 | 322 | 305 | ||
Starbucks Corp. | 2.000% | 3/12/27 | 3,140 | 2,895 | ||
Tapestry Inc. | 7.050% | 11/27/25 | 1,350 | 1,378 | ||
Tapestry Inc. | 7.000% | 11/27/26 | 1,905 | 1,963 | ||
Tapestry Inc. | 7.350% | 11/27/28 | 7,324 | 7,717 | ||
TJX Cos. Inc. | 2.250% | 9/15/26 | 4,836 | 4,556 | ||
Toll Brothers Finance Corp. | 4.875% | 11/15/25 | 3,846 | 3,803 |
Coupon | Maturity Date | Face Amount ($000) | Market Value ($000) | |||
Toll Brothers Finance Corp. | 4.350% | 2/15/28 | 4,190 | 4,052 | ||
Toyota Motor Corp. | 1.339% | 3/25/26 | 10,317 | 9,622 | ||
Toyota Motor Corp. | 5.275% | 7/13/26 | 3,500 | 3,522 | ||
Toyota Motor Corp. | 5.118% | 7/13/28 | 6,040 | 6,160 | ||
3 | Toyota Motor Credit Corp. | 3.000% | 4/1/25 | 7,747 | 7,586 | |
Toyota Motor Credit Corp. | 3.950% | 6/30/25 | 5,179 | 5,105 | ||
3 | Toyota Motor Credit Corp. | 0.800% | 10/16/25 | 5,705 | 5,348 | |
Toyota Motor Credit Corp. | 5.400% | 11/10/25 | 5,792 | 5,822 | ||
3 | Toyota Motor Credit Corp. | 4.800% | 1/5/26 | 2,534 | 2,526 | |
3 | Toyota Motor Credit Corp. | 0.800% | 1/9/26 | 5,954 | 5,539 | |
Toyota Motor Credit Corp. | 4.450% | 5/18/26 | 5,865 | 5,808 | ||
3 | Toyota Motor Credit Corp. | 1.125% | 6/18/26 | 9,631 | 8,867 | |
3 | Toyota Motor Credit Corp. | 5.000% | 8/14/26 | 3,530 | 3,534 | |
Toyota Motor Credit Corp. | 5.400% | 11/20/26 | 5,085 | 5,144 | ||
3 | Toyota Motor Credit Corp. | 1.900% | 1/13/27 | 1,560 | 1,440 | |
3 | Toyota Motor Credit Corp. | 5.000% | 3/19/27 | 5,300 | 5,316 | |
3 | Toyota Motor Credit Corp. | 3.050% | 3/22/27 | 7,675 | 7,300 | |
3 | Toyota Motor Credit Corp. | 1.150% | 8/13/27 | 5,160 | 4,585 | |
3 | Toyota Motor Credit Corp. | 4.550% | 9/20/27 | 5,099 | 5,049 | |
Toyota Motor Credit Corp. | 5.450% | 11/10/27 | 4,935 | 5,032 | ||
Toyota Motor Credit Corp. | 4.625% | 1/12/28 | 5,005 | 4,988 | ||
3 | Toyota Motor Credit Corp. | 1.900% | 4/6/28 | 6,425 | 5,771 | |
3 | Toyota Motor Credit Corp. | 5.250% | 9/11/28 | 5,000 | 5,088 | |
3 | Toyota Motor Credit Corp. | 4.650% | 1/5/29 | 4,000 | 3,976 | |
Toyota Motor Credit Corp. | 3.650% | 1/8/29 | 3,000 | 2,858 | ||
VF Corp. | 2.400% | 4/23/25 | 4,196 | 4,039 | ||
VF Corp. | 2.800% | 4/23/27 | 3,780 | 3,438 | ||
Whirlpool Corp. | 3.700% | 5/1/25 | 2,095 | 2,055 | ||
Whirlpool Corp. | 4.750% | 2/26/29 | 2,517 | 2,475 | ||
3 | Yale University | 0.873% | 4/15/25 | 4,516 | 4,314 | |
1,110,555 | ||||||
Consumer Staples (1.6%) | ||||||
Altria Group Inc. | 2.350% | 5/6/25 | 5,312 | 5,140 | ||
Altria Group Inc. | 4.400% | 2/14/26 | 10,862 | 10,699 | ||
Altria Group Inc. | 6.200% | 11/1/28 | 3,075 | 3,204 | ||
Altria Group Inc. | 4.800% | 2/14/29 | 11,200 | 11,086 | ||
3 | Anheuser-Busch Cos. LLC | 3.650% | 2/1/26 | 11,651 | 11,384 | |
Anheuser-Busch InBev Worldwide Inc. | 4.000% | 4/13/28 | 18,511 | 18,057 | ||
Anheuser-Busch InBev Worldwide Inc. | 4.750% | 1/23/29 | 26,300 | 26,285 | ||
Archer-Daniels-Midland Co. | 2.500% | 8/11/26 | 3,271 | 3,093 | ||
Avery Dennison Corp. | 4.875% | 12/6/28 | 8,388 | 8,292 | ||
BAT Capital Corp. | 2.789% | 9/6/24 | 12,595 | 12,436 | ||
BAT Capital Corp. | 3.215% | 9/6/26 | 4,226 | 4,022 | ||
BAT Capital Corp. | 4.700% | 4/2/27 | 1,819 | 1,789 | ||
BAT Capital Corp. | 3.557% | 8/15/27 | 6,550 | 6,198 | ||
BAT Capital Corp. | 2.259% | 3/25/28 | 5,650 | 5,034 | ||
BAT International Finance plc | 1.668% | 3/25/26 | 14,552 | 13,549 | ||
BAT International Finance plc | 4.448% | 3/16/28 | 7,355 | 7,143 | ||
BAT International Finance plc | 5.931% | 2/2/29 | 9,617 | 9,873 | ||
Brown-Forman Corp. | 3.500% | 4/15/25 | 2,565 | 2,516 | ||
Bunge Ltd. Finance Corp. | 1.630% | 8/17/25 | 4,488 | 4,253 | ||
Bunge Ltd. Finance Corp. | 3.250% | 8/15/26 | 4,809 | 4,597 | ||
Campbell Soup Co. | 5.300% | 3/20/26 | 2,400 | 2,403 | ||
Campbell Soup Co. | 5.200% | 3/19/27 | 3,000 | 3,007 | ||
Campbell Soup Co. | 4.150% | 3/15/28 | 7,450 | 7,221 | ||
Campbell Soup Co. | 5.200% | 3/21/29 | 3,475 | 3,492 | ||
Church & Dwight Co. Inc. | 3.150% | 8/1/27 | 3,095 | 2,934 | ||
Clorox Co. | 3.100% | 10/1/27 | 2,134 | 2,016 |
Coupon | Maturity Date | Face Amount ($000) | Market Value ($000) | |||
Clorox Co. | 4.400% | 5/1/29 | 4,975 | 4,880 | ||
Coca-Cola Co. | 3.375% | 3/25/27 | 12,616 | 12,222 | ||
Coca-Cola Co. | 1.450% | 6/1/27 | 7,406 | 6,739 | ||
Coca-Cola Consolidated Inc. | 3.800% | 11/25/25 | 3,095 | 3,028 | ||
Colgate-Palmolive Co. | 4.800% | 3/2/26 | 5,270 | 5,284 | ||
Colgate-Palmolive Co. | 3.100% | 8/15/27 | 7,450 | 7,126 | ||
Colgate-Palmolive Co. | 4.600% | 3/1/28 | 5,230 | 5,280 | ||
Conagra Brands Inc. | 4.600% | 11/1/25 | 8,461 | 8,351 | ||
Conagra Brands Inc. | 4.850% | 11/1/28 | 10,100 | 9,987 | ||
Constellation Brands Inc. | 4.400% | 11/15/25 | 5,220 | 5,141 | ||
Constellation Brands Inc. | 4.750% | 12/1/25 | 4,267 | 4,229 | ||
Constellation Brands Inc. | 5.000% | 2/2/26 | 3,000 | 2,981 | ||
Constellation Brands Inc. | 3.700% | 12/6/26 | 6,558 | 6,324 | ||
Constellation Brands Inc. | 4.350% | 5/9/27 | 4,458 | 4,364 | ||
Constellation Brands Inc. | 3.600% | 2/15/28 | 5,082 | 4,826 | ||
Constellation Brands Inc. | 4.650% | 11/15/28 | 10,005 | 9,844 | ||
Constellation Brands Inc. | 4.800% | 1/15/29 | 1,500 | 1,487 | ||
Costco Wholesale Corp. | 3.000% | 5/18/27 | 5,010 | 4,792 | ||
Costco Wholesale Corp. | 1.375% | 6/20/27 | 13,810 | 12,493 | ||
Diageo Capital plc | 1.375% | 9/29/25 | 5,264 | 4,982 | ||
Diageo Capital plc | 5.300% | 10/24/27 | 9,975 | 10,112 | ||
Diageo Capital plc | 3.875% | 5/18/28 | 1,073 | 1,039 | ||
Diageo Capital plc | 2.375% | 10/24/29 | 4,975 | 4,395 | ||
Dollar General Corp. | 4.150% | 11/1/25 | 5,227 | 5,126 | ||
Dollar General Corp. | 3.875% | 4/15/27 | 4,989 | 4,816 | ||
Dollar General Corp. | 4.625% | 11/1/27 | 2,850 | 2,804 | ||
Dollar General Corp. | 4.125% | 5/1/28 | 3,919 | 3,805 | ||
Dollar General Corp. | 5.200% | 7/5/28 | 1,975 | 1,986 | ||
Dollar Tree Inc. | 4.000% | 5/15/25 | 7,904 | 7,772 | ||
Dollar Tree Inc. | 4.200% | 5/15/28 | 9,000 | 8,699 | ||
Estee Lauder Cos. Inc. | 3.150% | 3/15/27 | 3,620 | 3,469 | ||
Estee Lauder Cos. Inc. | 4.375% | 5/15/28 | 4,245 | 4,184 | ||
General Mills Inc. | 4.000% | 4/17/25 | 3,421 | 3,370 | ||
General Mills Inc. | 4.700% | 1/30/27 | 1,650 | 1,636 | ||
General Mills Inc. | 3.200% | 2/10/27 | 7,450 | 7,099 | ||
General Mills Inc. | 4.200% | 4/17/28 | 7,957 | 7,756 | ||
Haleon US Capital LLC | 3.375% | 3/24/27 | 15,364 | 14,703 | ||
Haleon US Capital LLC | 3.375% | 3/24/29 | 4,988 | 4,640 | ||
Hershey Co. | 0.900% | 6/1/25 | 4,812 | 4,579 | ||
Hershey Co. | 3.200% | 8/21/25 | 697 | 680 | ||
Hershey Co. | 2.300% | 8/15/26 | 3,900 | 3,676 | ||
Hershey Co. | 4.250% | 5/4/28 | 1,515 | 1,500 | ||
Hormel Foods Corp. | 4.800% | 3/30/27 | 2,900 | 2,896 | ||
Hormel Foods Corp. | 1.700% | 6/3/28 | 4,595 | 4,073 | ||
Ingredion Inc. | 3.200% | 10/1/26 | 4,227 | 4,023 | ||
J M Smucker Co. | 3.375% | 12/15/27 | 3,480 | 3,294 | ||
J M Smucker Co. | 5.900% | 11/15/28 | 2,505 | 2,599 | ||
JBS USA LUX SA | 2.500% | 1/15/27 | 5,850 | 5,391 | ||
Kellanova | 3.250% | 4/1/26 | 3,681 | 3,549 | ||
Kenvue Inc. | 5.350% | 3/22/26 | 4,420 | 4,453 | ||
Kenvue Inc. | 5.050% | 3/22/28 | 8,400 | 8,496 | ||
Keurig Dr Pepper Inc. | 4.417% | 5/25/25 | 3,301 | 3,265 | ||
Keurig Dr Pepper Inc. | 3.400% | 11/15/25 | 2,669 | 2,591 | ||
Keurig Dr Pepper Inc. | 2.550% | 9/15/26 | 914 | 860 | ||
3 | Keurig Dr Pepper Inc. | 5.100% | 3/15/27 | 3,315 | 3,317 | |
Keurig Dr Pepper Inc. | 3.430% | 6/15/27 | 4,872 | 4,640 | ||
Keurig Dr Pepper Inc. | 4.597% | 5/25/28 | 13,125 | 12,951 | ||
Keurig Dr Pepper Inc. | 5.050% | 3/15/29 | 3,500 | 3,505 |
Coupon | Maturity Date | Face Amount ($000) | Market Value ($000) | |||
Kimberly-Clark Corp. | 3.050% | 8/15/25 | 2,065 | 2,009 | ||
Kimberly-Clark Corp. | 2.750% | 2/15/26 | 2,946 | 2,836 | ||
Kraft Heinz Foods Co. | 3.000% | 6/1/26 | 9,710 | 9,292 | ||
Kraft Heinz Foods Co. | 3.875% | 5/15/27 | 19,754 | 19,136 | ||
Kroger Co. | 3.500% | 2/1/26 | 2,002 | 1,945 | ||
Kroger Co. | 2.650% | 10/15/26 | 5,024 | 4,738 | ||
Kroger Co. | 3.700% | 8/1/27 | 2,634 | 2,535 | ||
Kroger Co. | 4.500% | 1/15/29 | 4,000 | 3,947 | ||
McCormick & Co. Inc. | 0.900% | 2/15/26 | 4,563 | 4,217 | ||
McCormick & Co. Inc. | 3.400% | 8/15/27 | 4,975 | 4,725 | ||
Mead Johnson Nutrition Co. | 4.125% | 11/15/25 | 10,372 | 10,169 | ||
Molson Coors Beverage Co. | 3.000% | 7/15/26 | 13,494 | 12,882 | ||
Mondelez International Inc. | 1.500% | 5/4/25 | 4,780 | 4,585 | ||
Mondelez International Inc. | 2.625% | 3/17/27 | 9,355 | 8,762 | ||
PepsiCo Inc. | 2.750% | 4/30/25 | 7,503 | 7,318 | ||
PepsiCo Inc. | 3.500% | 7/17/25 | 8,338 | 8,169 | ||
PepsiCo Inc. | 5.250% | 11/10/25 | 3,090 | 3,107 | ||
PepsiCo Inc. | 2.850% | 2/24/26 | 5,241 | 5,061 | ||
PepsiCo Inc. | 2.375% | 10/6/26 | 6,056 | 5,717 | ||
PepsiCo Inc. | 5.125% | 11/10/26 | 2,105 | 2,122 | ||
PepsiCo Inc. | 2.625% | 3/19/27 | 9,661 | 9,108 | ||
PepsiCo Inc. | 3.000% | 10/15/27 | 11,775 | 11,155 | ||
PepsiCo Inc. | 3.600% | 2/18/28 | 1,060 | 1,024 | ||
PepsiCo Inc. | 4.450% | 5/15/28 | 4,080 | 4,082 | ||
PepsiCo Inc. | 7.000% | 3/1/29 | 1,330 | 1,469 | ||
Philip Morris International Inc. | 1.500% | 5/1/25 | 8,787 | 8,441 | ||
Philip Morris International Inc. | 3.375% | 8/11/25 | 6,482 | 6,329 | ||
Philip Morris International Inc. | 5.000% | 11/17/25 | 6,754 | 6,740 | ||
Philip Morris International Inc. | 4.875% | 2/13/26 | 3,480 | 3,468 | ||
Philip Morris International Inc. | 2.750% | 2/25/26 | 8,140 | 7,801 | ||
Philip Morris International Inc. | 0.875% | 5/1/26 | 2,926 | 2,686 | ||
Philip Morris International Inc. | 4.750% | 2/12/27 | 4,500 | 4,472 | ||
Philip Morris International Inc. | 5.125% | 11/17/27 | 15,320 | 15,396 | ||
Philip Morris International Inc. | 4.875% | 2/15/28 | 19,685 | 19,639 | ||
Philip Morris International Inc. | 4.875% | 2/13/29 | 4,500 | 4,475 | ||
Procter & Gamble Co. | 0.550% | 10/29/25 | 5,009 | 4,685 | ||
Procter & Gamble Co. | 2.700% | 2/2/26 | 2,516 | 2,425 | ||
Procter & Gamble Co. | 2.450% | 11/3/26 | 3,585 | 3,392 | ||
Procter & Gamble Co. | 2.800% | 3/25/27 | 11,334 | 10,783 | ||
Procter & Gamble Co. | 2.850% | 8/11/27 | 4,575 | 4,336 | ||
Procter & Gamble Co. | 3.950% | 1/26/28 | 4,840 | 4,774 | ||
Procter & Gamble Co. | 4.350% | 1/29/29 | 7,500 | 7,492 | ||
Reynolds American Inc. | 4.450% | 6/12/25 | 16,887 | 16,661 | ||
Sysco Corp. | 3.750% | 10/1/25 | 7,951 | 7,758 | ||
Sysco Corp. | 3.300% | 7/15/26 | 3,656 | 3,511 | ||
Sysco Corp. | 5.750% | 1/17/29 | 7,450 | 7,667 | ||
Target Corp. | 2.250% | 4/15/25 | 4,548 | 4,421 | ||
Target Corp. | 2.500% | 4/15/26 | 5,887 | 5,646 | ||
Target Corp. | 1.950% | 1/15/27 | 4,860 | 4,517 | ||
Tyson Foods Inc. | 4.000% | 3/1/26 | 10,740 | 10,483 | ||
Tyson Foods Inc. | 5.400% | 3/15/29 | 10,000 | 10,093 | ||
Unilever Capital Corp. | 3.100% | 7/30/25 | 4,940 | 4,819 | ||
Unilever Capital Corp. | 2.000% | 7/28/26 | 6,372 | 5,975 | ||
Unilever Capital Corp. | 3.500% | 3/22/28 | 4,975 | 4,772 | ||
Unilever Capital Corp. | 4.875% | 9/8/28 | 8,475 | 8,566 | ||
Walmart Inc. | 3.550% | 6/26/25 | 6,893 | 6,778 | ||
Walmart Inc. | 3.900% | 9/9/25 | 7,691 | 7,581 | ||
Walmart Inc. | 4.000% | 4/15/26 | 1,590 | 1,569 |
Coupon | Maturity Date | Face Amount ($000) | Market Value ($000) | |||
Walmart Inc. | 3.050% | 7/8/26 | 3,779 | 3,643 | ||
Walmart Inc. | 1.050% | 9/17/26 | 6,910 | 6,334 | ||
Walmart Inc. | 3.950% | 9/9/27 | 7,380 | 7,249 | ||
Walmart Inc. | 3.900% | 4/15/28 | 5,360 | 5,256 | ||
Walmart Inc. | 3.700% | 6/26/28 | 10,755 | 10,479 | ||
Walmart Inc. | 1.500% | 9/22/28 | 8,650 | 7,643 | ||
910,697 | ||||||
Energy (1.3%) | ||||||
Apache Corp. | 4.375% | 10/15/28 | 1,652 | 1,565 | ||
Baker Hughes Holdings LLC | 2.061% | 12/15/26 | 1,410 | 1,303 | ||
Baker Hughes Holdings LLC | 3.337% | 12/15/27 | 3,919 | 3,707 | ||
Boardwalk Pipelines LP | 5.950% | 6/1/26 | 7,480 | 7,547 | ||
Boardwalk Pipelines LP | 4.450% | 7/15/27 | 641 | 625 | ||
BP Capital Markets America Inc. | 3.796% | 9/21/25 | 6,382 | 6,271 | ||
BP Capital Markets America Inc. | 3.410% | 2/11/26 | 5,977 | 5,810 | ||
3 | BP Capital Markets America Inc. | 3.119% | 5/4/26 | 11,659 | 11,232 | |
3 | BP Capital Markets America Inc. | 3.017% | 1/16/27 | 9,304 | 8,885 | |
BP Capital Markets America Inc. | 3.543% | 4/6/27 | 5,924 | 5,707 | ||
3 | BP Capital Markets America Inc. | 3.588% | 4/14/27 | 5,778 | 5,571 | |
BP Capital Markets America Inc. | 3.937% | 9/21/28 | 6,168 | 5,976 | ||
BP Capital Markets America Inc. | 4.234% | 11/6/28 | 15,705 | 15,378 | ||
BP Capital Markets America Inc. | 4.699% | 4/10/29 | 3,000 | 2,993 | ||
BP Capital Markets plc | 3.279% | 9/19/27 | 3,042 | 2,895 | ||
BP Capital Markets plc | 3.723% | 11/28/28 | 4,371 | 4,181 | ||
Canadian Natural Resources Ltd. | 2.050% | 7/15/25 | 4,546 | 4,349 | ||
Canadian Natural Resources Ltd. | 3.850% | 6/1/27 | 9,580 | 9,233 | ||
Cenovus Energy Inc. | 4.250% | 4/15/27 | 4,397 | 4,281 | ||
Cheniere Corpus Christi Holdings LLC | 5.875% | 3/31/25 | 11,061 | 11,068 | ||
Cheniere Corpus Christi Holdings LLC | 5.125% | 6/30/27 | 10,867 | 10,839 | ||
Cheniere Energy Inc. | 4.625% | 10/15/28 | 9,302 | 9,019 | ||
Chevron Corp. | 1.554% | 5/11/25 | 23,190 | 22,298 | ||
Chevron Corp. | 3.326% | 11/17/25 | 6,567 | 6,420 | ||
Chevron Corp. | 2.954% | 5/16/26 | 4,722 | 4,548 | ||
Chevron Corp. | 1.995% | 5/11/27 | 4,157 | 3,844 | ||
Chevron USA Inc. | 0.687% | 8/12/25 | 5,018 | 4,734 | ||
Chevron USA Inc. | 1.018% | 8/12/27 | 2,495 | 2,215 | ||
Chevron USA Inc. | 3.850% | 1/15/28 | 3,121 | 3,051 | ||
CNOOC Finance 2015 USA LLC | 3.500% | 5/5/25 | 10,450 | 10,249 | ||
Columbia Pipeline Group Inc. | 4.500% | 6/1/25 | 3,605 | 3,555 | ||
ConocoPhillips Co. | 3.350% | 5/15/25 | 638 | 623 | ||
Continental Resources Inc. | 4.375% | 1/15/28 | 7,527 | 7,276 | ||
Coterra Energy Inc. | 3.900% | 5/15/27 | 6,837 | 6,582 | ||
Coterra Energy Inc. | 4.375% | 3/15/29 | 2,510 | 2,417 | ||
DCP Midstream Operating LP | 5.375% | 7/15/25 | 1,856 | 1,851 | ||
DCP Midstream Operating LP | 5.625% | 7/15/27 | 3,710 | 3,736 | ||
Devon Energy Corp. | 5.850% | 12/15/25 | 2,737 | 2,752 | ||
Diamondback Energy Inc. | 3.250% | 12/1/26 | 4,560 | 4,370 | ||
Enbridge Energy Partners LP | 5.875% | 10/15/25 | 4,382 | 4,407 | ||
Enbridge Inc. | 1.600% | 10/4/26 | 1,039 | 952 | ||
Enbridge Inc. | 5.900% | 11/15/26 | 4,883 | 4,972 | ||
Enbridge Inc. | 4.250% | 12/1/26 | 5,850 | 5,732 | ||
Enbridge Inc. | 3.700% | 7/15/27 | 4,883 | 4,691 | ||
Enbridge Inc. | 6.000% | 11/15/28 | 4,740 | 4,929 | ||
Energy Transfer LP | 2.900% | 5/15/25 | 11,890 | 11,539 | ||
Energy Transfer LP | 5.950% | 12/1/25 | 3,653 | 3,675 | ||
Energy Transfer LP | 4.750% | 1/15/26 | 8,180 | 8,096 | ||
Energy Transfer LP | 3.900% | 7/15/26 | 4,811 | 4,666 | ||
Energy Transfer LP | 4.400% | 3/15/27 | 7,018 | 6,867 |
Coupon | Maturity Date | Face Amount ($000) | Market Value ($000) | |||
Energy Transfer LP | 4.200% | 4/15/27 | 5,692 | 5,536 | ||
3 | Energy Transfer LP | 5.500% | 6/1/27 | 6,047 | 6,085 | |
Energy Transfer LP | 4.000% | 10/1/27 | 1,585 | 1,524 | ||
Energy Transfer LP | 5.550% | 2/15/28 | 7,610 | 7,713 | ||
Energy Transfer LP | 4.950% | 5/15/28 | 5,310 | 5,265 | ||
Energy Transfer LP | 4.950% | 6/15/28 | 4,239 | 4,201 | ||
Energy Transfer LP | 6.100% | 12/1/28 | 1,703 | 1,766 | ||
EnLink Midstream Partners LP | 4.850% | 7/15/26 | 2,885 | 2,828 | ||
Enterprise Products Operating LLC | 5.050% | 1/10/26 | 1,340 | 1,339 | ||
Enterprise Products Operating LLC | 3.700% | 2/15/26 | 1,513 | 1,479 | ||
Enterprise Products Operating LLC | 4.150% | 10/16/28 | 4,470 | 4,348 | ||
Enterprise Products Operating LLC | 3.125% | 7/31/29 | 1,883 | 1,736 | ||
3 | Enterprise Products Operating LLC | 5.250% | 8/16/77 | 6,235 | 5,923 | |
3 | Enterprise Products Operating LLC | 5.375% | 2/15/78 | 4,108 | 3,842 | |
EOG Resources Inc. | 3.150% | 4/1/25 | 5,089 | 4,978 | ||
EOG Resources Inc. | 4.150% | 1/15/26 | 4,502 | 4,437 | ||
5 | EQT Corp. | 3.125% | 5/15/26 | 3,200 | 3,039 | |
EQT Corp. | 3.900% | 10/1/27 | 5,211 | 4,951 | ||
EQT Corp. | 5.700% | 4/1/28 | 3,395 | 3,425 | ||
EQT Corp. | 5.000% | 1/15/29 | 1,400 | 1,373 | ||
Exxon Mobil Corp. | 3.043% | 3/1/26 | 19,622 | 19,005 | ||
Exxon Mobil Corp. | 3.294% | 3/19/27 | 3,410 | 3,299 | ||
Halliburton Co. | 3.800% | 11/15/25 | 3,734 | 3,651 | ||
Hess Corp. | 4.300% | 4/1/27 | 5,913 | 5,796 | ||
HF Sinclair Corp. | 5.875% | 4/1/26 | 7,807 | 7,859 | ||
Kinder Morgan Inc. | 4.300% | 6/1/25 | 4,318 | 4,258 | ||
Kinder Morgan Inc. | 1.750% | 11/15/26 | 2,909 | 2,670 | ||
Kinder Morgan Inc. | 4.300% | 3/1/28 | 6,605 | 6,447 | ||
Marathon Oil Corp. | 4.400% | 7/15/27 | 7,232 | 7,032 | ||
Marathon Oil Corp. | 5.300% | 4/1/29 | 1,800 | 1,797 | ||
Marathon Petroleum Corp. | 4.700% | 5/1/25 | 6,304 | 6,250 | ||
Marathon Petroleum Corp. | 5.125% | 12/15/26 | 4,885 | 4,888 | ||
Marathon Petroleum Corp. | 3.800% | 4/1/28 | 3,865 | 3,708 | ||
MPLX LP | 4.875% | 6/1/25 | 5,648 | 5,601 | ||
MPLX LP | 1.750% | 3/1/26 | 4,934 | 4,614 | ||
MPLX LP | 4.125% | 3/1/27 | 9,901 | 9,649 | ||
MPLX LP | 4.250% | 12/1/27 | 979 | 952 | ||
MPLX LP | 4.000% | 3/15/28 | 4,293 | 4,133 | ||
MPLX LP | 4.800% | 2/15/29 | 4,975 | 4,917 | ||
Northwest Pipeline LLC | 4.000% | 4/1/27 | 396 | 385 | ||
Occidental Petroleum Corp. | 5.875% | 9/1/25 | 4,308 | 4,323 | ||
Occidental Petroleum Corp. | 5.500% | 12/1/25 | 3,300 | 3,297 | ||
Occidental Petroleum Corp. | 5.550% | 3/15/26 | 5,350 | 5,370 | ||
Occidental Petroleum Corp. | 8.500% | 7/15/27 | 3,475 | 3,767 | ||
Occidental Petroleum Corp. | 6.375% | 9/1/28 | 3,750 | 3,902 | ||
ONEOK Inc. | 5.850% | 1/15/26 | 4,068 | 4,105 | ||
ONEOK Inc. | 5.000% | 3/1/26 | 3,740 | 3,719 | ||
ONEOK Inc. | 5.550% | 11/1/26 | 1,632 | 1,648 | ||
ONEOK Inc. | 4.000% | 7/13/27 | 3,085 | 2,982 | ||
ONEOK Inc. | 4.550% | 7/15/28 | 5,300 | 5,200 | ||
ONEOK Inc. | 5.650% | 11/1/28 | 4,160 | 4,256 | ||
ONEOK Inc. | 4.350% | 3/15/29 | 4,055 | 3,930 | ||
Ovintiv Inc. | 5.375% | 1/1/26 | 4,982 | 4,965 | ||
Ovintiv Inc. | 5.650% | 5/15/28 | 5,235 | 5,320 | ||
Patterson-UTI Energy Inc. | 3.950% | 2/1/28 | 3,200 | 3,024 | ||
Phillips 66 | 3.850% | 4/9/25 | 11,340 | 11,167 | ||
Phillips 66 | 1.300% | 2/15/26 | 475 | 442 | ||
Phillips 66 | 3.900% | 3/15/28 | 5,704 | 5,508 |
Coupon | Maturity Date | Face Amount ($000) | Market Value ($000) | |||
Phillips 66 Co. | 3.550% | 10/1/26 | 4,151 | 4,010 | ||
Phillips 66 Co. | 4.950% | 12/1/27 | 4,790 | 4,791 | ||
Pioneer Natural Resources Co. | 1.125% | 1/15/26 | 7,938 | 7,390 | ||
Plains All American Pipeline LP | 4.650% | 10/15/25 | 8,570 | 8,456 | ||
Plains All American Pipeline LP | 4.500% | 12/15/26 | 6,190 | 6,077 | ||
Sabine Pass Liquefaction LLC | 5.875% | 6/30/26 | 4,607 | 4,644 | ||
Sabine Pass Liquefaction LLC | 5.000% | 3/15/27 | 11,882 | 11,845 | ||
Sabine Pass Liquefaction LLC | 4.200% | 3/15/28 | 9,169 | 8,881 | ||
Schlumberger Finance Canada Ltd. | 1.400% | 9/17/25 | 4,461 | 4,230 | ||
Schlumberger Investment SA | 4.500% | 5/15/28 | 3,525 | 3,508 | ||
Shell International Finance BV | 3.250% | 5/11/25 | 18,944 | 18,569 | ||
Shell International Finance BV | 2.875% | 5/10/26 | 5,265 | 5,056 | ||
Shell International Finance BV | 2.500% | 9/12/26 | 10,762 | 10,204 | ||
Shell International Finance BV | 3.875% | 11/13/28 | 9,409 | 9,130 | ||
Spectra Energy Partners LP | 3.375% | 10/15/26 | 6,496 | 6,220 | ||
Targa Resources Corp. | 5.200% | 7/1/27 | 5,150 | 5,140 | ||
Targa Resources Corp. | 6.150% | 3/1/29 | 5,790 | 6,036 | ||
Targa Resources Partners LP | 6.500% | 7/15/27 | 4,850 | 4,905 | ||
Targa Resources Partners LP | 5.000% | 1/15/28 | 4,422 | 4,353 | ||
TC PipeLines LP | 3.900% | 5/25/27 | 5,250 | 5,020 | ||
Tennessee Gas Pipeline Co. LLC | 7.000% | 10/15/28 | 1,874 | 2,004 | ||
TotalEnergies Capital International SA | 3.455% | 2/19/29 | 7,500 | 7,111 | ||
TotalEnergies Capital SA | 3.883% | 10/11/28 | 2,973 | 2,880 | ||
TransCanada PipeLines Ltd. | 4.875% | 1/15/26 | 2,554 | 2,536 | ||
TransCanada PipeLines Ltd. | 4.250% | 5/15/28 | 9,919 | 9,615 | ||
Transcontinental Gas Pipe Line Co. LLC | 7.850% | 2/1/26 | 7,133 | 7,398 | ||
Transcontinental Gas Pipe Line Co. LLC | 4.000% | 3/15/28 | 1,688 | 1,626 | ||
Valero Energy Corp. | 2.150% | 9/15/27 | 2,335 | 2,128 | ||
Valero Energy Corp. | 4.350% | 6/1/28 | 5,332 | 5,213 | ||
Valero Energy Partners LP | 4.500% | 3/15/28 | 4,971 | 4,874 | ||
Western Midstream Operating LP | 4.500% | 3/1/28 | 2,170 | 2,094 | ||
Western Midstream Operating LP | 4.750% | 8/15/28 | 1,321 | 1,282 | ||
Western Midstream Operating LP | 6.350% | 1/15/29 | 3,493 | 3,620 | ||
Williams Cos. Inc. | 4.000% | 9/15/25 | 10,324 | 10,126 | ||
Williams Cos. Inc. | 5.400% | 3/2/26 | 1,669 | 1,674 | ||
Williams Cos. Inc. | 3.750% | 6/15/27 | 3,850 | 3,704 | ||
Williams Cos. Inc. | 5.300% | 8/15/28 | 5,522 | 5,569 | ||
Williams Cos. Inc. | 4.900% | 3/15/29 | 9,325 | 9,264 | ||
770,289 | ||||||
Financials (10.9%) | ||||||
3 | Aegon Ltd. | 5.500% | 4/11/48 | 5,113 | 4,954 | |
AerCap Ireland Capital DAC | 3.500% | 1/15/25 | 4,293 | 4,223 | ||
AerCap Ireland Capital DAC | 6.500% | 7/15/25 | 8,730 | 8,818 | ||
AerCap Ireland Capital DAC | 4.450% | 10/1/25 | 9,628 | 9,481 | ||
AerCap Ireland Capital DAC | 1.750% | 1/30/26 | 11,360 | 10,613 | ||
AerCap Ireland Capital DAC | 4.450% | 4/3/26 | 1,799 | 1,771 | ||
AerCap Ireland Capital DAC | 2.450% | 10/29/26 | 47,658 | 44,272 | ||
AerCap Ireland Capital DAC | 6.100% | 1/15/27 | 2,270 | 2,307 | ||
AerCap Ireland Capital DAC | 3.650% | 7/21/27 | 876 | 829 | ||
AerCap Ireland Capital DAC | 3.875% | 1/23/28 | 4,212 | 3,996 | ||
AerCap Ireland Capital DAC | 5.750% | 6/6/28 | 5,388 | 5,459 | ||
AerCap Ireland Capital DAC | 3.000% | 10/29/28 | 33,177 | 30,046 | ||
Affiliated Managers Group Inc. | 3.500% | 8/1/25 | 4,381 | 4,266 | ||
Aflac Inc. | 1.125% | 3/15/26 | 2,228 | 2,066 | ||
Aflac Inc. | 2.875% | 10/15/26 | 2,370 | 2,251 | ||
Air Lease Corp. | 3.375% | 7/1/25 | 4,963 | 4,836 | ||
3 | Air Lease Corp. | 2.875% | 1/15/26 | 8,365 | 8,002 | |
3 | Air Lease Corp. | 3.750% | 6/1/26 | 6,032 | 5,818 |
Coupon | Maturity Date | Face Amount ($000) | Market Value ($000) | |||
Air Lease Corp. | 1.875% | 8/15/26 | 4,656 | 4,293 | ||
Air Lease Corp. | 3.625% | 4/1/27 | 4,190 | 3,995 | ||
Air Lease Corp. | 5.850% | 12/15/27 | 4,210 | 4,277 | ||
Air Lease Corp. | 2.100% | 9/1/28 | 3,000 | 2,629 | ||
Air Lease Corp. | 4.625% | 10/1/28 | 1,490 | 1,450 | ||
Aircastle Ltd. | 4.250% | 6/15/26 | 5,084 | 4,939 | ||
Allied World Assurance Co. Holdings Ltd. | 4.350% | 10/29/25 | 3,828 | 3,735 | ||
Allstate Corp. | 0.750% | 12/15/25 | 3,972 | 3,682 | ||
Allstate Corp. | 3.280% | 12/15/26 | 5,072 | 4,836 | ||
Ally Financial Inc. | 5.800% | 5/1/25 | 9,006 | 8,991 | ||
Ally Financial Inc. | 4.750% | 6/9/27 | 5,186 | 5,038 | ||
Ally Financial Inc. | 7.100% | 11/15/27 | 4,770 | 4,984 | ||
Ally Financial Inc. | 2.200% | 11/2/28 | 6,566 | 5,632 | ||
Ally Financial Inc. | 6.992% | 6/13/29 | 3,155 | 3,275 | ||
American Equity Investment Life Holding Co. | 5.000% | 6/15/27 | 4,059 | 3,936 | ||
American Express Co. | 3.950% | 8/1/25 | 13,040 | 12,816 | ||
American Express Co. | 4.200% | 11/6/25 | 6,838 | 6,746 | ||
American Express Co. | 4.990% | 5/1/26 | 15,205 | 15,113 | ||
American Express Co. | 3.125% | 5/20/26 | 4,862 | 4,676 | ||
American Express Co. | 6.338% | 10/30/26 | 3,000 | 3,040 | ||
American Express Co. | 1.650% | 11/4/26 | 8,087 | 7,415 | ||
American Express Co. | 2.550% | 3/4/27 | 10,025 | 9,359 | ||
American Express Co. | 5.389% | 7/28/27 | 6,815 | 6,840 | ||
American Express Co. | 5.850% | 11/5/27 | 5,920 | 6,096 | ||
American Express Co. | 5.098% | 2/16/28 | 10,060 | 10,046 | ||
American Express Co. | 5.282% | 7/27/29 | 6,890 | 6,929 | ||
American International Group Inc. | 4.200% | 4/1/28 | 286 | 278 | ||
3 | American International Group Inc. | 5.750% | 4/1/48 | 4,930 | 4,834 | |
Ameriprise Financial Inc. | 3.000% | 4/2/25 | 4,477 | 4,371 | ||
Ameriprise Financial Inc. | 5.700% | 12/15/28 | 3,065 | 3,161 | ||
Aon Corp. | 2.850% | 5/28/27 | 4,822 | 4,513 | ||
Aon Global Ltd. | 3.875% | 12/15/25 | 5,444 | 5,325 | ||
Aon North America Inc. | 5.125% | 3/1/27 | 1,650 | 1,658 | ||
Aon North America Inc. | 5.150% | 3/1/29 | 7,296 | 7,338 | ||
Arch Capital Finance LLC | 4.011% | 12/15/26 | 3,695 | 3,584 | ||
Ares Capital Corp. | 3.250% | 7/15/25 | 7,795 | 7,532 | ||
Ares Capital Corp. | 3.875% | 1/15/26 | 12,165 | 11,762 | ||
Ares Capital Corp. | 2.150% | 7/15/26 | 5,724 | 5,273 | ||
Ares Capital Corp. | 7.000% | 1/15/27 | 4,725 | 4,865 | ||
Ares Capital Corp. | 2.875% | 6/15/27 | 840 | 772 | ||
Ares Capital Corp. | 2.875% | 6/15/28 | 9,055 | 8,073 | ||
Ares Capital Corp. | 5.875% | 3/1/29 | 7,015 | 6,997 | ||
Ares Management Corp. | 6.375% | 11/10/28 | 3,090 | 3,241 | ||
Assurant Inc. | 4.900% | 3/27/28 | 1,820 | 1,796 | ||
Assured Guaranty US Holdings Inc. | 6.125% | 9/15/28 | 2,200 | 2,283 | ||
Athene Holding Ltd. | 4.125% | 1/12/28 | 6,189 | 5,961 | ||
Australia & New Zealand Banking Group Ltd. | 5.671% | 10/3/25 | 4,950 | 4,991 | ||
3 | Australia & New Zealand Banking Group Ltd. | 3.700% | 11/16/25 | 3,667 | 3,588 | |
Australia & New Zealand Banking Group Ltd. | 5.088% | 12/8/25 | 2,250 | 2,250 | ||
Australia & New Zealand Banking Group Ltd. | 5.000% | 3/18/26 | 4,000 | 3,997 | ||
3 | Australia & New Zealand Banking Group Ltd. | 4.750% | 1/18/27 | 2,593 | 2,590 | |
AXIS Specialty Finance plc | 4.000% | 12/6/27 | 2,050 | 1,972 | ||
Bain Capital Specialty Finance Inc. | 2.950% | 3/10/26 | 2,931 | 2,751 | ||
Bain Capital Specialty Finance Inc. | 2.550% | 10/13/26 | 2,423 | 2,221 | ||
Banco Bilbao Vizcaya Argentaria SA | 1.125% | 9/18/25 | 5,753 | 5,404 | ||
Banco Bilbao Vizcaya Argentaria SA | 5.862% | 9/14/26 | 3,750 | 3,756 | ||
Banco Bilbao Vizcaya Argentaria SA | 6.138% | 9/14/28 | 7,025 | 7,177 | ||
Banco Santander SA | 2.746% | 5/28/25 | 17,245 | 16,667 |
Coupon | Maturity Date | Face Amount ($000) | Market Value ($000) | |||
Banco Santander SA | 5.147% | 8/18/25 | 18,185 | 18,054 | ||
Banco Santander SA | 5.179% | 11/19/25 | 10,212 | 10,100 | ||
Banco Santander SA | 1.849% | 3/25/26 | 4,805 | 4,489 | ||
Banco Santander SA | 4.250% | 4/11/27 | 13,566 | 13,142 | ||
Banco Santander SA | 5.294% | 8/18/27 | 9,147 | 9,126 | ||
Banco Santander SA | 1.722% | 9/14/27 | 8,518 | 7,769 | ||
Banco Santander SA | 6.527% | 11/7/27 | 6,530 | 6,701 | ||
Banco Santander SA | 3.800% | 2/23/28 | 3,285 | 3,109 | ||
Banco Santander SA | 5.552% | 3/14/28 | 5,800 | 5,801 | ||
Banco Santander SA | 4.175% | 3/24/28 | 10,374 | 10,002 | ||
Banco Santander SA | 5.588% | 8/8/28 | 8,405 | 8,526 | ||
Banco Santander SA | 6.607% | 11/7/28 | 8,025 | 8,486 | ||
Banco Santander SA | 5.538% | 3/14/30 | 5,800 | 5,800 | ||
3 | Bank of America Corp. | 3.950% | 4/21/25 | 25,352 | 24,931 | |
3 | Bank of America Corp. | 4.450% | 3/3/26 | 6,001 | 5,913 | |
3 | Bank of America Corp. | 3.384% | 4/2/26 | 14,480 | 14,160 | |
3 | Bank of America Corp. | 3.500% | 4/19/26 | 5,626 | 5,454 | |
3 | Bank of America Corp. | 1.319% | 6/19/26 | 47,824 | 45,450 | |
Bank of America Corp. | 6.220% | 9/15/26 | 2,769 | 2,823 | ||
3 | Bank of America Corp. | 4.250% | 10/22/26 | 13,758 | 13,462 | |
3 | Bank of America Corp. | 1.197% | 10/24/26 | 10,986 | 10,284 | |
Bank of America Corp. | 5.080% | 1/20/27 | 12,654 | 12,594 | ||
3 | Bank of America Corp. | 1.658% | 3/11/27 | 16,699 | 15,552 | |
3 | Bank of America Corp. | 3.559% | 4/23/27 | 29,952 | 28,900 | |
Bank of America Corp. | 1.734% | 7/22/27 | 62,244 | 57,397 | ||
3 | Bank of America Corp. | 4.183% | 11/25/27 | 17,544 | 17,010 | |
3 | Bank of America Corp. | 3.824% | 1/20/28 | 18,008 | 17,340 | |
3 | Bank of America Corp. | 2.551% | 2/4/28 | 11,319 | 10,517 | |
Bank of America Corp. | 4.376% | 4/27/28 | 24,310 | 23,731 | ||
3 | Bank of America Corp. | 4.948% | 7/22/28 | 36,409 | 36,115 | |
Bank of America Corp. | 6.204% | 11/10/28 | 20,128 | 20,819 | ||
3 | Bank of America Corp. | 3.419% | 12/20/28 | 12,855 | 12,066 | |
3 | Bank of America Corp. | 3.970% | 3/5/29 | 15,174 | 14,505 | |
Bank of America Corp. | 5.202% | 4/25/29 | 31,435 | 31,463 | ||
3 | Bank of America Corp. | 2.087% | 6/14/29 | 9,200 | 8,129 | |
3 | Bank of America Corp. | 4.271% | 7/23/29 | 15,088 | 14,543 | |
Bank of America Corp. | 5.819% | 9/15/29 | 34,500 | 35,375 | ||
3 | Bank of America Corp. | 3.974% | 2/7/30 | 10,005 | 9,481 | |
Bank of America NA | 5.650% | 8/18/25 | 13,026 | 13,105 | ||
3 | Bank of Montreal | 1.850% | 5/1/25 | 12,012 | 11,568 | |
3 | Bank of Montreal | 3.700% | 6/7/25 | 7,271 | 7,133 | |
Bank of Montreal | 5.920% | 9/25/25 | 4,154 | 4,196 | ||
Bank of Montreal | 5.300% | 6/5/26 | 5,850 | 5,865 | ||
3 | Bank of Montreal | 1.250% | 9/15/26 | 9,671 | 8,822 | |
3 | Bank of Montreal | 0.949% | 1/22/27 | 14,500 | 13,444 | |
3 | Bank of Montreal | 2.650% | 3/8/27 | 8,980 | 8,418 | |
3 | Bank of Montreal | 4.700% | 9/14/27 | 4,100 | 4,064 | |
Bank of Montreal | 5.203% | 2/1/28 | 13,022 | 13,117 | ||
Bank of Montreal | 5.717% | 9/25/28 | 4,850 | 4,984 | ||
3 | Bank of Montreal | 4.800% | Perpetual | 117 | 114 | |
3 | Bank of New York Mellon Corp. | 1.600% | 4/24/25 | 7,572 | 7,286 | |
3 | Bank of New York Mellon Corp. | 2.800% | 5/4/26 | 4,875 | 4,659 | |
3 | Bank of New York Mellon Corp. | 5.148% | 5/22/26 | 4,935 | 4,933 | |
Bank of New York Mellon Corp. | 4.414% | 7/24/26 | 14,835 | 14,653 | ||
3 | Bank of New York Mellon Corp. | 2.450% | 8/17/26 | 1,335 | 1,260 | |
3 | Bank of New York Mellon Corp. | 2.050% | 1/26/27 | 4,137 | 3,833 | |
Bank of New York Mellon Corp. | 4.947% | 4/26/27 | 10,150 | 10,107 | ||
3 | Bank of New York Mellon Corp. | 3.250% | 5/16/27 | 7,667 | 7,313 |
Coupon | Maturity Date | Face Amount ($000) | Market Value ($000) | |||
3 | Bank of New York Mellon Corp. | 3.442% | 2/7/28 | 7,840 | 7,517 | |
3 | Bank of New York Mellon Corp. | 1.650% | 7/14/28 | 3,594 | 3,171 | |
3 | Bank of New York Mellon Corp. | 5.802% | 10/25/28 | 8,285 | 8,509 | |
3 | Bank of New York Mellon Corp. | 3.000% | 10/30/28 | 3,045 | 2,800 | |
Bank of New York Mellon Corp. | 4.543% | 2/1/29 | 9,320 | 9,170 | ||
3 | Bank of New York Mellon Corp. | 6.317% | 10/25/29 | 6,380 | 6,732 | |
3 | Bank of New York Mellon Corp. | 4.975% | 3/14/30 | 5,300 | 5,302 | |
Bank of Nova Scotia | 0.650% | 7/31/24 | 821 | 808 | ||
3 | Bank of Nova Scotia | 3.450% | 4/11/25 | 10,517 | 10,306 | |
Bank of Nova Scotia | 1.300% | 6/11/25 | 2,650 | 2,527 | ||
Bank of Nova Scotia | 5.450% | 6/12/25 | 3,390 | 3,392 | ||
Bank of Nova Scotia | 4.500% | 12/16/25 | 7,937 | 7,806 | ||
Bank of Nova Scotia | 4.750% | 2/2/26 | 2,593 | 2,575 | ||
Bank of Nova Scotia | 1.050% | 3/2/26 | 5,524 | 5,111 | ||
Bank of Nova Scotia | 1.350% | 6/24/26 | 4,695 | 4,326 | ||
Bank of Nova Scotia | 2.700% | 8/3/26 | 12,436 | 11,768 | ||
Bank of Nova Scotia | 1.300% | 9/15/26 | 6,644 | 6,066 | ||
Bank of Nova Scotia | 2.951% | 3/11/27 | 10,275 | 9,700 | ||
Bank of Nova Scotia | 5.250% | 6/12/28 | 7,100 | 7,162 | ||
BankUnited Inc. | 4.875% | 11/17/25 | 3,507 | 3,415 | ||
Barclays plc | 4.375% | 1/12/26 | 18,746 | 18,393 | ||
3 | Barclays plc | 2.852% | 5/7/26 | 8,061 | 7,813 | |
Barclays plc | 5.200% | 5/12/26 | 18,715 | 18,520 | ||
Barclays plc | 5.304% | 8/9/26 | 7,070 | 7,034 | ||
Barclays plc | 7.325% | 11/2/26 | 5,190 | 5,315 | ||
Barclays plc | 5.829% | 5/9/27 | 14,715 | 14,749 | ||
Barclays plc | 2.279% | 11/24/27 | 10,708 | 9,847 | ||
Barclays plc | 4.337% | 1/10/28 | 1,480 | 1,428 | ||
Barclays plc | 5.674% | 3/12/28 | 7,300 | 7,324 | ||
Barclays plc | 4.836% | 5/9/28 | 7,571 | 7,351 | ||
Barclays plc | 5.501% | 8/9/28 | 12,831 | 12,793 | ||
Barclays plc | 7.385% | 11/2/28 | 22,695 | 24,052 | ||
3 | Barclays plc | 4.972% | 5/16/29 | 2,500 | 2,448 | |
Barclays plc | 6.490% | 9/13/29 | 8,059 | 8,376 | ||
Barclays plc | 5.690% | 3/12/30 | 12,300 | 12,363 | ||
Berkshire Hathaway Finance Corp. | 2.300% | 3/15/27 | 1,640 | 1,544 | ||
Berkshire Hathaway Inc. | 3.125% | 3/15/26 | 17,612 | 17,053 | ||
BGC Group Inc. | 8.000% | 5/25/28 | 3,200 | 3,400 | ||
BlackRock Inc. | 3.200% | 3/15/27 | 1,138 | 1,094 | ||
Blackstone Private Credit Fund | 7.050% | 9/29/25 | 3,272 | 3,323 | ||
Blackstone Private Credit Fund | 2.625% | 12/15/26 | 4,978 | 4,546 | ||
Blackstone Private Credit Fund | 3.250% | 3/15/27 | 9,549 | 8,810 | ||
5 | Blackstone Private Credit Fund | 7.300% | 11/27/28 | 2,525 | 2,633 | |
Blackstone Secured Lending Fund | 3.625% | 1/15/26 | 4,768 | 4,557 | ||
Blackstone Secured Lending Fund | 2.750% | 9/16/26 | 4,934 | 4,547 | ||
Blackstone Secured Lending Fund | 2.125% | 2/15/27 | 619 | 559 | ||
Blackstone Secured Lending Fund | 2.850% | 9/30/28 | 4,250 | 3,746 | ||
Blue Owl Capital Corp. | 3.750% | 7/22/25 | 2,961 | 2,874 | ||
Blue Owl Capital Corp. | 4.250% | 1/15/26 | 4,482 | 4,347 | ||
Blue Owl Capital Corp. | 3.400% | 7/15/26 | 4,310 | 4,061 | ||
Blue Owl Capital Corp. | 2.625% | 1/15/27 | 4,869 | 4,449 | ||
Blue Owl Capital Corp. | 2.875% | 6/11/28 | 8,055 | 7,116 | ||
Blue Owl Capital Corp. | 5.950% | 3/15/29 | 3,525 | 3,506 | ||
3 | Blue Owl Credit Income Corp. | 7.750% | 9/16/27 | 6,900 | 7,067 | |
5 | Blue Owl Credit Income Corp. | 7.950% | 6/13/28 | 7,440 | 7,716 | |
Blue Owl Technology Finance Corp. | 2.500% | 1/15/27 | 2,000 | 1,774 | ||
3 | BPCE SA | 3.375% | 12/2/26 | 3,765 | 3,619 | |
Brookfield Finance Inc. | 4.250% | 6/2/26 | 2,982 | 2,927 |
Coupon | Maturity Date | Face Amount ($000) | Market Value ($000) | |||
Brookfield Finance Inc. | 3.900% | 1/25/28 | 4,741 | 4,566 | ||
Brookfield Finance Inc. | 4.850% | 3/29/29 | 6,885 | 6,834 | ||
Brown & Brown Inc. | 4.500% | 3/15/29 | 2,000 | 1,944 | ||
Canadian Imperial Bank of Commerce | 3.300% | 4/7/25 | 6,508 | 6,368 | ||
Canadian Imperial Bank of Commerce | 5.144% | 4/28/25 | 3,000 | 2,991 | ||
Canadian Imperial Bank of Commerce | 3.945% | 8/4/25 | 11,465 | 11,261 | ||
Canadian Imperial Bank of Commerce | 0.950% | 10/23/25 | 4,285 | 4,022 | ||
Canadian Imperial Bank of Commerce | 1.250% | 6/22/26 | 6,600 | 6,075 | ||
Canadian Imperial Bank of Commerce | 5.615% | 7/17/26 | 2,000 | 2,018 | ||
Canadian Imperial Bank of Commerce | 3.450% | 4/7/27 | 2,206 | 2,110 | ||
Canadian Imperial Bank of Commerce | 5.001% | 4/28/28 | 7,480 | 7,453 | ||
Canadian Imperial Bank of Commerce | 5.986% | 10/3/28 | 4,110 | 4,264 | ||
Capital One Financial Corp. | 4.250% | 4/30/25 | 13,627 | 13,433 | ||
Capital One Financial Corp. | 4.200% | 10/29/25 | 13,707 | 13,402 | ||
Capital One Financial Corp. | 2.636% | 3/3/26 | 8,042 | 7,814 | ||
Capital One Financial Corp. | 3.750% | 7/28/26 | 6,464 | 6,228 | ||
Capital One Financial Corp. | 3.750% | 3/9/27 | 10,085 | 9,679 | ||
Capital One Financial Corp. | 7.149% | 10/29/27 | 5,040 | 5,247 | ||
Capital One Financial Corp. | 4.927% | 5/10/28 | 6,810 | 6,720 | ||
Capital One Financial Corp. | 5.468% | 2/1/29 | 20,915 | 20,874 | ||
Capital One Financial Corp. | 6.312% | 6/8/29 | 10,345 | 10,629 | ||
Capital One Financial Corp. | 5.700% | 2/1/30 | 10,000 | 10,084 | ||
Capital One Financial Corp. | 3.273% | 3/1/30 | 4,950 | 4,459 | ||
Cboe Global Markets Inc. | 3.650% | 1/12/27 | 5,435 | 5,268 | ||
Charles Schwab Corp. | 3.625% | 4/1/25 | 2,294 | 2,253 | ||
Charles Schwab Corp. | 3.850% | 5/21/25 | 7,458 | 7,331 | ||
Charles Schwab Corp. | 0.900% | 3/11/26 | 2,966 | 2,734 | ||
Charles Schwab Corp. | 1.150% | 5/13/26 | 13,622 | 12,559 | ||
Charles Schwab Corp. | 3.200% | 3/2/27 | 5,403 | 5,145 | ||
Charles Schwab Corp. | 2.450% | 3/3/27 | 12,577 | 11,716 | ||
Charles Schwab Corp. | 3.200% | 1/25/28 | 820 | 770 | ||
Charles Schwab Corp. | 2.000% | 3/20/28 | 6,713 | 6,016 | ||
Charles Schwab Corp. | 5.643% | 5/19/29 | 8,900 | 9,030 | ||
Charles Schwab Corp. | 6.196% | 11/17/29 | 8,300 | 8,624 | ||
Chubb INA Holdings Inc. | 3.350% | 5/3/26 | 6,231 | 6,025 | ||
3 | Cincinnati Financial Corp. | 6.920% | 5/15/28 | 2,600 | 2,764 | |
Citibank NA | 5.864% | 9/29/25 | 10,859 | 10,960 | ||
3 | Citibank NA | 5.488% | 12/4/26 | 12,500 | 12,633 | |
Citibank NA | 5.803% | 9/29/28 | 16,525 | 17,107 | ||
Citigroup Inc. | 3.300% | 4/27/25 | 4,595 | 4,496 | ||
Citigroup Inc. | 4.400% | 6/10/25 | 21,686 | 21,382 | ||
Citigroup Inc. | 5.500% | 9/13/25 | 14,501 | 14,497 | ||
Citigroup Inc. | 3.700% | 1/12/26 | 6,012 | 5,854 | ||
Citigroup Inc. | 4.600% | 3/9/26 | 5,396 | 5,312 | ||
3 | Citigroup Inc. | 3.106% | 4/8/26 | 42,444 | 41,373 | |
Citigroup Inc. | 3.400% | 5/1/26 | 3,947 | 3,801 | ||
Citigroup Inc. | 5.610% | 9/29/26 | 3,871 | 3,877 | ||
Citigroup Inc. | 3.200% | 10/21/26 | 5,056 | 4,815 | ||
Citigroup Inc. | 4.300% | 11/20/26 | 5,257 | 5,126 | ||
Citigroup Inc. | 1.122% | 1/28/27 | 13,296 | 12,297 | ||
Citigroup Inc. | 1.462% | 6/9/27 | 2,418 | 2,220 | ||
Citigroup Inc. | 4.450% | 9/29/27 | 13,822 | 13,439 | ||
3 | Citigroup Inc. | 3.887% | 1/10/28 | 11,927 | 11,497 | |
3 | Citigroup Inc. | 3.070% | 2/24/28 | 61,891 | 58,214 | |
Citigroup Inc. | 4.658% | 5/24/28 | 25,379 | 24,991 | ||
3 | Citigroup Inc. | 3.668% | 7/24/28 | 9,245 | 8,789 | |
Citigroup Inc. | 4.125% | 7/25/28 | 12,661 | 12,131 | ||
3 | Citigroup Inc. | 3.520% | 10/27/28 | 14,525 | 13,699 |
Coupon | Maturity Date | Face Amount ($000) | Market Value ($000) | |||
3 | Citigroup Inc. | 4.075% | 4/23/29 | 15,282 | 14,630 | |
Citigroup Inc. | 5.174% | 2/13/30 | 11,000 | 10,947 | ||
3 | Citizens Bank NA | 2.250% | 4/28/25 | 3,265 | 3,141 | |
3 | Citizens Bank NA | 3.750% | 2/18/26 | 3,216 | 3,106 | |
Citizens Bank NA | 4.575% | 8/9/28 | 5,337 | 5,105 | ||
Citizens Financial Group Inc. | 2.850% | 7/27/26 | 3,383 | 3,175 | ||
Citizens Financial Group Inc. | 5.841% | 1/23/30 | 4,000 | 3,993 | ||
Citizens Financial Group Inc. | 4.300% | 2/11/31 | 3,964 | 3,563 | ||
CME Group Inc. | 3.750% | 6/15/28 | 6,725 | 6,529 | ||
CNA Financial Corp. | 4.500% | 3/1/26 | 2,379 | 2,348 | ||
CNA Financial Corp. | 3.450% | 8/15/27 | 3,933 | 3,724 | ||
CNO Financial Group Inc. | 5.250% | 5/30/25 | 4,600 | 4,569 | ||
Comerica Inc. | 4.000% | 2/1/29 | 2,818 | 2,584 | ||
Comerica Inc. | 5.982% | 1/30/30 | 4,500 | 4,448 | ||
Commonwealth Bank of Australia | 5.316% | 3/13/26 | 7,670 | 7,717 | ||
3 | Cooperatieve Rabobank UA | 3.375% | 5/21/25 | 15,093 | 14,805 | |
3 | Cooperatieve Rabobank UA | 5.500% | 7/18/25 | 1,785 | 1,791 | |
Cooperatieve Rabobank UA | 4.375% | 8/4/25 | 11,821 | 11,616 | ||
Cooperatieve Rabobank UA | 4.850% | 1/9/26 | 4,500 | 4,489 | ||
3 | Cooperatieve Rabobank UA | 3.750% | 7/21/26 | 8,311 | 7,986 | |
Cooperatieve Rabobank UA | 5.500% | 10/5/26 | 4,843 | 4,897 | ||
Cooperatieve Rabobank UA | 4.800% | 1/9/29 | 4,500 | 4,472 | ||
Corebridge Financial Inc. | 3.500% | 4/4/25 | 925 | 905 | ||
Corebridge Financial Inc. | 3.650% | 4/5/27 | 30,512 | 29,161 | ||
Corebridge Financial Inc. | 3.850% | 4/5/29 | 3,975 | 3,718 | ||
Corebridge Financial Inc. | 6.875% | 12/15/52 | 5,423 | 5,430 | ||
Credit Suisse AG | 2.950% | 4/9/25 | 23,303 | 22,679 | ||
Credit Suisse AG | 1.250% | 8/7/26 | 7,840 | 7,144 | ||
Credit Suisse AG | 7.500% | 2/15/28 | 23,034 | 24,830 | ||
Deutsche Bank AG | 4.500% | 4/1/25 | 12,021 | 11,823 | ||
Deutsche Bank AG | 4.100% | 1/13/26 | 335 | 327 | ||
3 | Deutsche Bank AG | 4.100% | 1/13/26 | 3,785 | 3,701 | |
Deutsche Bank AG | 1.686% | 3/19/26 | 8,603 | 8,051 | ||
Deutsche Bank AG | 6.119% | 7/14/26 | 5,612 | 5,633 | ||
Deutsche Bank AG | 2.129% | 11/24/26 | 8,202 | 7,737 | ||
Deutsche Bank AG | 7.146% | 7/13/27 | 7,620 | 7,831 | ||
Deutsche Bank AG | 5.371% | 9/9/27 | 2,027 | 2,037 | ||
Deutsche Bank AG | 2.311% | 11/16/27 | 10,552 | 9,639 | ||
Deutsche Bank AG | 2.552% | 1/7/28 | 10,942 | 10,043 | ||
Deutsche Bank AG | 5.706% | 2/8/28 | 4,030 | 4,026 | ||
Deutsche Bank AG | 6.720% | 1/18/29 | 11,215 | 11,594 | ||
Deutsche Bank AG | 6.819% | 11/20/29 | 11,085 | 11,588 | ||
Deutsche Bank AG | 4.875% | 12/1/32 | 4,737 | 4,444 | ||
3 | Discover Bank | 4.250% | 3/13/26 | 2,926 | 2,849 | |
3 | Discover Bank | 3.450% | 7/27/26 | 430 | 409 | |
3 | Discover Bank | 4.650% | 9/13/28 | 6,650 | 6,434 | |
Discover Financial Services | 4.500% | 1/30/26 | 3,594 | 3,529 | ||
Discover Financial Services | 4.100% | 2/9/27 | 13,320 | 12,845 | ||
Eaton Vance Corp. | 3.500% | 4/6/27 | 3,237 | 3,095 | ||
Enstar Finance LLC | 5.750% | 9/1/40 | 447 | 434 | ||
Enstar Finance LLC | 5.500% | 1/15/42 | 4,062 | 3,788 | ||
Enstar Group Ltd. | 4.950% | 6/1/29 | 631 | 616 | ||
Equitable Holdings Inc. | 4.350% | 4/20/28 | 12,044 | 11,670 | ||
F&G Annuities & Life Inc. | 7.400% | 1/13/28 | 3,570 | 3,706 | ||
Fairfax Financial Holdings Ltd. | 4.850% | 4/17/28 | 4,193 | 4,141 | ||
Fidelity National Financial Inc. | 4.500% | 8/15/28 | 2,180 | 2,108 | ||
Fifth Third Bancorp | 2.550% | 5/5/27 | 2,640 | 2,433 | ||
Fifth Third Bancorp | 1.707% | 11/1/27 | 4,485 | 4,077 |
Coupon | Maturity Date | Face Amount ($000) | Market Value ($000) | |||
Fifth Third Bancorp | 4.055% | 4/25/28 | 4,025 | 3,819 | ||
Fifth Third Bancorp | 6.339% | 7/27/29 | 15,277 | 15,740 | ||
3 | Fifth Third Bank NA | 3.850% | 3/15/26 | 13,125 | 12,654 | |
3 | Fifth Third Bank NA | 2.250% | 2/1/27 | 6,521 | 6,028 | |
First Horizon Corp. | 4.000% | 5/26/25 | 2,671 | 2,602 | ||
First-Citizens Bank & Trust Co. | 6.125% | 3/9/28 | 3,000 | 3,081 | ||
FS KKR Capital Corp. | 3.400% | 1/15/26 | 5,404 | 5,127 | ||
FS KKR Capital Corp. | 2.625% | 1/15/27 | 2,844 | 2,580 | ||
FS KKR Capital Corp. | 7.875% | 1/15/29 | 3,085 | 3,227 | ||
GATX Corp. | 3.250% | 9/15/26 | 2,135 | 2,037 | ||
GATX Corp. | 3.850% | 3/30/27 | 3,497 | 3,371 | ||
GATX Corp. | 4.550% | 11/7/28 | 3,805 | 3,724 | ||
GE Capital Funding LLC | 3.450% | 5/15/25 | 7,945 | 7,762 | ||
GE Capital International Funding Co. Unlimited Co. | 3.373% | 11/15/25 | 465 | 450 | ||
Globe Life Inc. | 4.550% | 9/15/28 | 3,531 | 3,461 | ||
3 | Goldman Sachs Bank USA | 5.283% | 3/18/27 | 11,700 | 11,688 | |
Goldman Sachs BDC Inc. | 2.875% | 1/15/26 | 3,434 | 3,273 | ||
Goldman Sachs Group Inc. | 3.500% | 4/1/25 | 33,275 | 32,649 | ||
Goldman Sachs Group Inc. | 3.750% | 5/22/25 | 13,518 | 13,265 | ||
Goldman Sachs Group Inc. | 4.250% | 10/21/25 | 25,882 | 25,415 | ||
Goldman Sachs Group Inc. | 3.750% | 2/25/26 | 15,458 | 15,092 | ||
Goldman Sachs Group Inc. | 3.500% | 11/16/26 | 3,345 | 3,205 | ||
3 | Goldman Sachs Group Inc. | 1.093% | 12/9/26 | 13,680 | 12,702 | |
Goldman Sachs Group Inc. | 5.950% | 1/15/27 | 4,294 | 4,384 | ||
Goldman Sachs Group Inc. | 3.850% | 1/26/27 | 10,523 | 10,200 | ||
Goldman Sachs Group Inc. | 1.431% | 3/9/27 | 14,566 | 13,487 | ||
Goldman Sachs Group Inc. | 1.542% | 9/10/27 | 13,494 | 12,326 | ||
Goldman Sachs Group Inc. | 1.948% | 10/21/27 | 51,198 | 47,060 | ||
Goldman Sachs Group Inc. | 2.640% | 2/24/28 | 15,845 | 14,752 | ||
Goldman Sachs Group Inc. | 3.615% | 3/15/28 | 15,069 | 14,411 | ||
Goldman Sachs Group Inc. | 4.482% | 8/23/28 | 29,247 | 28,607 | ||
3 | Goldman Sachs Group Inc. | 3.814% | 4/23/29 | 10,315 | 9,774 | |
3 | Goldman Sachs Group Inc. | 4.223% | 5/1/29 | 24,055 | 23,145 | |
Goldman Sachs Group Inc. | 6.484% | 10/24/29 | 8,340 | 8,782 | ||
Golub Capital BDC Inc. | 2.500% | 8/24/26 | 4,435 | 4,071 | ||
Golub Capital BDC Inc. | 7.050% | 12/5/28 | 3,005 | 3,077 | ||
Hanover Insurance Group Inc. | 4.500% | 4/15/26 | 2,770 | 2,719 | ||
Hercules Capital Inc. | 2.625% | 9/16/26 | 355 | 322 | ||
Hercules Capital Inc. | 3.375% | 1/20/27 | 434 | 399 | ||
HSBC Holdings plc | 4.250% | 8/18/25 | 7,594 | 7,441 | ||
HSBC Holdings plc | 4.300% | 3/8/26 | 27,819 | 27,306 | ||
3 | HSBC Holdings plc | 1.645% | 4/18/26 | 15,206 | 14,567 | |
HSBC Holdings plc | 3.900% | 5/25/26 | 27,869 | 27,125 | ||
3 | HSBC Holdings plc | 2.099% | 6/4/26 | 19,677 | 18,868 | |
3 | HSBC Holdings plc | 4.292% | 9/12/26 | 14,481 | 14,212 | |
HSBC Holdings plc | 4.375% | 11/23/26 | 3,942 | 3,853 | ||
HSBC Holdings plc | 1.589% | 5/24/27 | 16,421 | 15,107 | ||
HSBC Holdings plc | 2.251% | 11/22/27 | 21,634 | 19,939 | ||
3 | HSBC Holdings plc | 4.041% | 3/13/28 | 22,506 | 21,688 | |
HSBC Holdings plc | 4.755% | 6/9/28 | 5,510 | 5,400 | ||
HSBC Holdings plc | 5.210% | 8/11/28 | 20,790 | 20,735 | ||
HSBC Holdings plc | 7.390% | 11/3/28 | 11,507 | 12,239 | ||
HSBC Holdings plc | 6.161% | 3/9/29 | 13,668 | 14,037 | ||
3 | HSBC Holdings plc | 4.583% | 6/19/29 | 20,152 | 19,530 | |
HSBC Holdings plc | 2.206% | 8/17/29 | 13,870 | 12,156 | ||
HSBC USA Inc. | 5.294% | 3/4/27 | 5,000 | 5,029 | ||
Huntington Bancshares Inc. | 4.000% | 5/15/25 | 8,402 | 8,249 |
Coupon | Maturity Date | Face Amount ($000) | Market Value ($000) | |||
Huntington Bancshares Inc. | 4.443% | 8/4/28 | 5,640 | 5,441 | ||
Huntington Bancshares Inc. | 6.208% | 8/21/29 | 9,111 | 9,329 | ||
Huntington National Bank | 4.552% | 5/17/28 | 5,090 | 4,930 | ||
Industrial & Commercial Bank of China Ltd. | 3.538% | 11/8/27 | 2,048 | 1,955 | ||
ING Groep NV | 3.950% | 3/29/27 | 7,972 | 7,697 | ||
ING Groep NV | 1.726% | 4/1/27 | 4,160 | 3,861 | ||
ING Groep NV | 4.017% | 3/28/28 | 12,740 | 12,275 | ||
ING Groep NV | 4.550% | 10/2/28 | 7,310 | 7,160 | ||
ING Groep NV | 5.335% | 3/19/30 | 6,065 | 6,049 | ||
Intercontinental Exchange Inc. | 3.650% | 5/23/25 | 5,715 | 5,610 | ||
Intercontinental Exchange Inc. | 3.750% | 12/1/25 | 10,641 | 10,404 | ||
Intercontinental Exchange Inc. | 3.100% | 9/15/27 | 3,819 | 3,603 | ||
Intercontinental Exchange Inc. | 4.000% | 9/15/27 | 11,662 | 11,328 | ||
Intercontinental Exchange Inc. | 4.350% | 6/15/29 | 2,000 | 1,949 | ||
Invesco Finance plc | 3.750% | 1/15/26 | 1,263 | 1,231 | ||
Janus Henderson US Holdings Inc. | 4.875% | 8/1/25 | 2,721 | 2,696 | ||
Jefferies Financial Group Inc. | 4.850% | 1/15/27 | 5,807 | 5,762 | ||
Jefferies Financial Group Inc. | 6.450% | 6/8/27 | 1,050 | 1,083 | ||
Jefferies Financial Group Inc. | 5.875% | 7/21/28 | 6,549 | 6,673 | ||
JPMorgan Chase & Co. | 3.900% | 7/15/25 | 8,648 | 8,508 | ||
JPMorgan Chase & Co. | 7.750% | 7/15/25 | 1,445 | 1,493 | ||
JPMorgan Chase & Co. | 3.300% | 4/1/26 | 4,215 | 4,081 | ||
3 | JPMorgan Chase & Co. | 2.083% | 4/22/26 | 64,025 | 61,704 | |
JPMorgan Chase & Co. | 4.080% | 4/26/26 | 5,040 | 4,962 | ||
JPMorgan Chase & Co. | 3.200% | 6/15/26 | 3,096 | 2,979 | ||
JPMorgan Chase & Co. | 2.950% | 10/1/26 | 13,505 | 12,871 | ||
JPMorgan Chase & Co. | 7.625% | 10/15/26 | 4,340 | 4,601 | ||
JPMorgan Chase & Co. | 1.045% | 11/19/26 | 22,617 | 21,093 | ||
JPMorgan Chase & Co. | 4.125% | 12/15/26 | 25,289 | 24,653 | ||
3 | JPMorgan Chase & Co. | 3.960% | 1/29/27 | 18,586 | 18,149 | |
JPMorgan Chase & Co. | 1.040% | 2/4/27 | 20,057 | 18,550 | ||
JPMorgan Chase & Co. | 1.578% | 4/22/27 | 72,130 | 66,880 | ||
JPMorgan Chase & Co. | 8.000% | 4/29/27 | 2,555 | 2,779 | ||
JPMorgan Chase & Co. | 1.470% | 9/22/27 | 13,598 | 12,403 | ||
JPMorgan Chase & Co. | 5.040% | 1/23/28 | 6,110 | 6,087 | ||
3 | JPMorgan Chase & Co. | 3.782% | 2/1/28 | 27,249 | 26,238 | |
JPMorgan Chase & Co. | 2.947% | 2/24/28 | 11,062 | 10,392 | ||
JPMorgan Chase & Co. | 4.323% | 4/26/28 | 7,149 | 6,984 | ||
3 | JPMorgan Chase & Co. | 3.540% | 5/1/28 | 505 | 482 | |
JPMorgan Chase & Co. | 4.851% | 7/25/28 | 29,330 | 29,085 | ||
3 | JPMorgan Chase & Co. | 3.509% | 1/23/29 | 11,099 | 10,496 | |
3 | JPMorgan Chase & Co. | 4.005% | 4/23/29 | 15,195 | 14,555 | |
JPMorgan Chase & Co. | 2.069% | 6/1/29 | 9,085 | 8,056 | ||
3 | JPMorgan Chase & Co. | 4.203% | 7/23/29 | 4,687 | 4,519 | |
JPMorgan Chase & Co. | 5.299% | 7/24/29 | 6,337 | 6,383 | ||
JPMorgan Chase & Co. | 6.087% | 10/23/29 | 24,475 | 25,429 | ||
JPMorgan Chase & Co. | 5.012% | 1/23/30 | 30,250 | 30,123 | ||
3 | KeyBank NA | 3.300% | 6/1/25 | 5,131 | 4,966 | |
3 | KeyBank NA | 4.150% | 8/8/25 | 4,990 | 4,851 | |
KeyBank NA | 4.700% | 1/26/26 | 5,935 | 5,797 | ||
3 | KeyBank NA | 5.850% | 11/15/27 | 10,310 | 10,213 | |
3 | KeyBank NA | 6.950% | 2/1/28 | 2,000 | 2,053 | |
3 | KeyCorp | 4.150% | 10/29/25 | 4,686 | 4,564 | |
3 | KeyCorp | 2.250% | 4/6/27 | 8,684 | 7,816 | |
3 | KeyCorp | 4.100% | 4/30/28 | 4,335 | 4,075 | |
Lazard Group LLC | 3.625% | 3/1/27 | 2,560 | 2,446 | ||
Lazard Group LLC | 4.500% | 9/19/28 | 6,900 | 6,650 | ||
Lazard Group LLC | 4.375% | 3/11/29 | 3,560 | 3,413 |
Coupon | Maturity Date | Face Amount ($000) | Market Value ($000) | |||
Legg Mason Inc. | 4.750% | 3/15/26 | 4,075 | 4,047 | ||
Lincoln National Corp. | 3.625% | 12/12/26 | 4,874 | 4,659 | ||
Lincoln National Corp. | 3.800% | 3/1/28 | 2,500 | 2,395 | ||
Lloyds Banking Group plc | 4.450% | 5/8/25 | 2,507 | 2,476 | ||
Lloyds Banking Group plc | 4.582% | 12/10/25 | 671 | 658 | ||
Lloyds Banking Group plc | 4.650% | 3/24/26 | 6,399 | 6,275 | ||
Lloyds Banking Group plc | 4.716% | 8/11/26 | 20,286 | 20,038 | ||
Lloyds Banking Group plc | 3.750% | 1/11/27 | 3,338 | 3,209 | ||
Lloyds Banking Group plc | 1.627% | 5/11/27 | 3,465 | 3,190 | ||
Lloyds Banking Group plc | 5.462% | 1/5/28 | 5,361 | 5,360 | ||
Lloyds Banking Group plc | 3.750% | 3/18/28 | 9,949 | 9,525 | ||
Lloyds Banking Group plc | 4.375% | 3/22/28 | 18,651 | 18,101 | ||
Lloyds Banking Group plc | 4.550% | 8/16/28 | 3,201 | 3,120 | ||
3 | Lloyds Banking Group plc | 3.574% | 11/7/28 | 4,802 | 4,502 | |
Lloyds Banking Group plc | 5.871% | 3/6/29 | 8,340 | 8,474 | ||
LPL Holdings Inc. | 6.750% | 11/17/28 | 3,405 | 3,566 | ||
M&T Bank Corp. | 4.553% | 8/16/28 | 4,911 | 4,686 | ||
M&T Bank Corp. | 7.413% | 10/30/29 | 4,170 | 4,398 | ||
Main Street Capital Corp. | 3.000% | 7/14/26 | 3,981 | 3,705 | ||
Main Street Capital Corp. | 6.950% | 3/1/29 | 1,800 | 1,829 | ||
Manufacturers & Traders Trust Co. | 5.400% | 11/21/25 | 6,920 | 6,858 | ||
Manufacturers & Traders Trust Co. | 4.650% | 1/27/26 | 6,310 | 6,171 | ||
3 | Manufacturers & Traders Trust Co. | 3.400% | 8/17/27 | 2,948 | 2,726 | |
Manufacturers & Traders Trust Co. | 4.700% | 1/27/28 | 8,486 | 8,178 | ||
Manulife Financial Corp. | 4.150% | 3/4/26 | 4,217 | 4,147 | ||
Manulife Financial Corp. | 2.484% | 5/19/27 | 5,504 | 5,117 | ||
3 | Manulife Financial Corp. | 4.061% | 2/24/32 | 4,952 | 4,746 | |
Markel Group Inc. | 3.500% | 11/1/27 | 1,675 | 1,586 | ||
Marsh & McLennan Cos. Inc. | 3.750% | 3/14/26 | 3,502 | 3,423 | ||
Marsh & McLennan Cos. Inc. | 4.375% | 3/15/29 | 7,804 | 7,677 | ||
Mastercard Inc. | 2.950% | 11/21/26 | 9,343 | 8,919 | ||
Mastercard Inc. | 3.300% | 3/26/27 | 10,566 | 10,166 | ||
Mastercard Inc. | 4.875% | 3/9/28 | 7,750 | 7,849 | ||
Mercury General Corp. | 4.400% | 3/15/27 | 3,240 | 3,118 | ||
MetLife Inc. | 3.600% | 11/13/25 | 4,604 | 4,496 | ||
MGIC Investment Corp. | 5.250% | 8/15/28 | 401 | 390 | ||
Mitsubishi UFJ Financial Group Inc. | 1.412% | 7/17/25 | 10,638 | 10,116 | ||
Mitsubishi UFJ Financial Group Inc. | 3.850% | 3/1/26 | 5,911 | 5,771 | ||
Mitsubishi UFJ Financial Group Inc. | 2.757% | 9/13/26 | 6,156 | 5,819 | ||
Mitsubishi UFJ Financial Group Inc. | 1.538% | 7/20/27 | 37,771 | 34,782 | ||
Mitsubishi UFJ Financial Group Inc. | 3.287% | 7/25/27 | 10,336 | 9,804 | ||
Mitsubishi UFJ Financial Group Inc. | 1.640% | 10/13/27 | 8,795 | 8,047 | ||
Mitsubishi UFJ Financial Group Inc. | 2.341% | 1/19/28 | 6,628 | 6,141 | ||
Mitsubishi UFJ Financial Group Inc. | 3.961% | 3/2/28 | 16,680 | 16,132 | ||
Mitsubishi UFJ Financial Group Inc. | 4.080% | 4/19/28 | 4,651 | 4,517 | ||
Mitsubishi UFJ Financial Group Inc. | 5.017% | 7/20/28 | 4,123 | 4,109 | ||
Mitsubishi UFJ Financial Group Inc. | 4.050% | 9/11/28 | 9,894 | 9,631 | ||
Mitsubishi UFJ Financial Group Inc. | 5.354% | 9/13/28 | 5,245 | 5,270 | ||
Mitsubishi UFJ Financial Group Inc. | 5.242% | 4/19/29 | 6,165 | 6,209 | ||
Mizuho Financial Group Inc. | 2.651% | 5/22/26 | 4,900 | 4,747 | ||
3 | Mizuho Financial Group Inc. | 2.226% | 5/25/26 | 8,341 | 8,040 | |
Mizuho Financial Group Inc. | 2.839% | 9/13/26 | 6,189 | 5,857 | ||
Mizuho Financial Group Inc. | 3.663% | 2/28/27 | 3,845 | 3,694 | ||
Mizuho Financial Group Inc. | 1.234% | 5/22/27 | 2,983 | 2,738 | ||
Mizuho Financial Group Inc. | 1.554% | 7/9/27 | 10,850 | 9,972 | ||
Mizuho Financial Group Inc. | 4.018% | 3/5/28 | 4,000 | 3,863 | ||
Mizuho Financial Group Inc. | 5.414% | 9/13/28 | 8,766 | 8,833 | ||
Mizuho Financial Group Inc. | 5.667% | 5/27/29 | 4,052 | 4,123 |
Coupon | Maturity Date | Face Amount ($000) | Market Value ($000) | |||
Mizuho Financial Group Inc. | 5.778% | 7/6/29 | 8,825 | 9,020 | ||
3 | Mizuho Financial Group Inc. | 4.254% | 9/11/29 | 3,253 | 3,132 | |
3 | Morgan Stanley | 4.000% | 7/23/25 | 16,259 | 15,990 | |
Morgan Stanley | 5.000% | 11/24/25 | 8,904 | 8,851 | ||
3 | Morgan Stanley | 3.875% | 1/27/26 | 13,417 | 13,106 | |
3 | Morgan Stanley | 2.188% | 4/28/26 | 54,377 | 52,462 | |
3 | Morgan Stanley | 3.125% | 7/27/26 | 4,461 | 4,265 | |
3 | Morgan Stanley | 6.250% | 8/9/26 | 5,695 | 5,830 | |
3 | Morgan Stanley | 4.350% | 9/8/26 | 19,181 | 18,763 | |
Morgan Stanley | 6.138% | 10/16/26 | 7,035 | 7,115 | ||
Morgan Stanley | 0.985% | 12/10/26 | 22,390 | 20,743 | ||
Morgan Stanley | 3.625% | 1/20/27 | 8,455 | 8,163 | ||
Morgan Stanley | 5.050% | 1/28/27 | 14,075 | 14,024 | ||
Morgan Stanley | 3.950% | 4/23/27 | 6,283 | 6,067 | ||
Morgan Stanley | 1.593% | 5/4/27 | 32,881 | 30,406 | ||
3 | Morgan Stanley | 1.512% | 7/20/27 | 40,324 | 36,999 | |
Morgan Stanley | 2.475% | 1/21/28 | 16,950 | 15,764 | ||
Morgan Stanley | 4.210% | 4/20/28 | 36,166 | 35,135 | ||
Morgan Stanley | 6.296% | 10/18/28 | 19,657 | 20,339 | ||
3 | Morgan Stanley | 3.772% | 1/24/29 | 10,118 | 9,626 | |
Morgan Stanley | 5.123% | 2/1/29 | 10,300 | 10,276 | ||
3 | Morgan Stanley | 5.164% | 4/20/29 | 15,931 | 15,918 | |
Morgan Stanley | 5.449% | 7/20/29 | 24,170 | 24,374 | ||
Morgan Stanley | 5.173% | 1/16/30 | 32,910 | 32,946 | ||
Morgan Stanley Bank NA | 5.479% | 7/16/25 | 7,450 | 7,478 | ||
3 | Morgan Stanley Bank NA | 4.754% | 4/21/26 | 8,125 | 8,071 | |
3 | Morgan Stanley Bank NA | 5.882% | 10/30/26 | 9,515 | 9,696 | |
3 | Morgan Stanley Bank NA | 4.952% | 1/14/28 | 4,040 | 4,021 | |
Nasdaq Inc. | 3.850% | 6/30/26 | 2,621 | 2,550 | ||
Nasdaq Inc. | 5.350% | 6/28/28 | 12,085 | 12,249 | ||
National Australia Bank Ltd. | 5.200% | 5/13/25 | 7,100 | 7,100 | ||
National Australia Bank Ltd. | 4.750% | 12/10/25 | 1,945 | 1,938 | ||
National Australia Bank Ltd. | 4.966% | 1/12/26 | 15,309 | 15,290 | ||
National Australia Bank Ltd. | 3.375% | 1/14/26 | 1,171 | 1,137 | ||
3 | National Australia Bank Ltd. | 2.500% | 7/12/26 | 17,038 | 16,125 | |
National Australia Bank Ltd. | 4.944% | 1/12/28 | 5,135 | 5,148 | ||
National Australia Bank Ltd. | 4.900% | 6/13/28 | 17,075 | 17,118 | ||
National Australia Bank Ltd. | 4.787% | 1/10/29 | 2,775 | 2,771 | ||
National Bank of Canada | 5.600% | 12/18/28 | 7,875 | 8,007 | ||
NatWest Group plc | 4.800% | 4/5/26 | 7,619 | 7,532 | ||
NatWest Group plc | 7.472% | 11/10/26 | 14,345 | 14,736 | ||
NatWest Group plc | 5.847% | 3/2/27 | 5,745 | 5,772 | ||
NatWest Group plc | 5.583% | 3/1/28 | 1,075 | 1,081 | ||
3 | NatWest Group plc | 3.073% | 5/22/28 | 16,208 | 15,123 | |
NatWest Group plc | 5.516% | 9/30/28 | 12,231 | 12,238 | ||
3 | NatWest Group plc | 4.892% | 5/18/29 | 20,647 | 20,213 | |
Nomura Holdings Inc. | 5.099% | 7/3/25 | 3,855 | 3,828 | ||
Nomura Holdings Inc. | 1.851% | 7/16/25 | 12,801 | 12,192 | ||
Nomura Holdings Inc. | 1.653% | 7/14/26 | 1,955 | 1,797 | ||
Nomura Holdings Inc. | 2.329% | 1/22/27 | 14,365 | 13,236 | ||
Nomura Holdings Inc. | 5.386% | 7/6/27 | 4,877 | 4,871 | ||
Nomura Holdings Inc. | 6.070% | 7/12/28 | 4,950 | 5,097 | ||
Nomura Holdings Inc. | 2.172% | 7/14/28 | 4,853 | 4,269 | ||
Northern Trust Corp. | 3.950% | 10/30/25 | 5,620 | 5,504 | ||
Northern Trust Corp. | 4.000% | 5/10/27 | 5,570 | 5,426 | ||
Northern Trust Corp. | 3.650% | 8/3/28 | 3,295 | 3,167 | ||
Oaktree Specialty Lending Corp. | 2.700% | 1/15/27 | 2,501 | 2,261 | ||
5 | Oaktree Strategic Credit Fund | 8.400% | 11/14/28 | 1,900 | 2,016 |
Coupon | Maturity Date | Face Amount ($000) | Market Value ($000) | |||
Old Republic International Corp. | 3.875% | 8/26/26 | 4,331 | 4,185 | ||
ORIX Corp. | 5.000% | 9/13/27 | 4,390 | 4,376 | ||
3 | PNC Bank NA | 3.875% | 4/10/25 | 4,442 | 4,366 | |
3 | PNC Bank NA | 3.250% | 6/1/25 | 2,012 | 1,961 | |
3 | PNC Bank NA | 4.200% | 11/1/25 | 3,306 | 3,236 | |
3 | PNC Bank NA | 3.100% | 10/25/27 | 3,674 | 3,427 | |
3 | PNC Bank NA | 4.050% | 7/26/28 | 4,922 | 4,687 | |
PNC Financial Services Group Inc. | 5.812% | 6/12/26 | 17,500 | 17,561 | ||
PNC Financial Services Group Inc. | 1.150% | 8/13/26 | 6,413 | 5,843 | ||
PNC Financial Services Group Inc. | 4.758% | 1/26/27 | 2,065 | 2,046 | ||
PNC Financial Services Group Inc. | 3.150% | 5/19/27 | 11,959 | 11,324 | ||
PNC Financial Services Group Inc. | 6.615% | 10/20/27 | 6,400 | 6,586 | ||
PNC Financial Services Group Inc. | 5.300% | 1/21/28 | 2,075 | 2,077 | ||
PNC Financial Services Group Inc. | 5.354% | 12/2/28 | 9,001 | 9,038 | ||
PNC Financial Services Group Inc. | 5.582% | 6/12/29 | 18,181 | 18,402 | ||
Principal Financial Group Inc. | 3.400% | 5/15/25 | 1,516 | 1,482 | ||
3 | Private Export Funding Corp. | 3.900% | 10/15/27 | 2,850 | 2,790 | |
3 | Private Export Funding Corp. | 4.300% | 12/15/28 | 2,650 | 2,639 | |
Progressive Corp. | 2.500% | 3/15/27 | 6,428 | 6,027 | ||
Progressive Corp. | 4.000% | 3/1/29 | 4,094 | 3,964 | ||
Prospect Capital Corp. | 3.706% | 1/22/26 | 4,126 | 3,910 | ||
Prospect Capital Corp. | 3.364% | 11/15/26 | 1,865 | 1,706 | ||
3 | Prudential Financial Inc. | 1.500% | 3/10/26 | 647 | 606 | |
3 | Prudential Financial Inc. | 5.375% | 5/15/45 | 4,976 | 4,922 | |
3 | Prudential Financial Inc. | 4.500% | 9/15/47 | 1,105 | 1,037 | |
3 | Prudential Financial Inc. | 5.700% | 9/15/48 | 2,721 | 2,687 | |
Radian Group Inc. | 6.200% | 5/15/29 | 2,000 | 2,029 | ||
Regions Financial Corp. | 2.250% | 5/18/25 | 3,688 | 3,550 | ||
Regions Financial Corp. | 1.800% | 8/12/28 | 4,257 | 3,669 | ||
Reinsurance Group of America Inc. | 3.950% | 9/15/26 | 1,003 | 980 | ||
RenaissanceRe Finance Inc. | 3.700% | 4/1/25 | 3,476 | 3,407 | ||
RenaissanceRe Finance Inc. | 3.450% | 7/1/27 | 2,420 | 2,289 | ||
RenaissanceRe Holdings Ltd. | 3.600% | 4/15/29 | 1,092 | 1,014 | ||
Royal Bank of Canada | 3.375% | 4/14/25 | 10,870 | 10,654 | ||
3 | Royal Bank of Canada | 4.950% | 4/25/25 | 7,275 | 7,248 | |
3 | Royal Bank of Canada | 1.150% | 6/10/25 | 5,070 | 4,835 | |
3 | Royal Bank of Canada | 0.875% | 1/20/26 | 11,187 | 10,402 | |
3 | Royal Bank of Canada | 4.650% | 1/27/26 | 14,354 | 14,194 | |
Royal Bank of Canada | 1.200% | 4/27/26 | 17,429 | 16,104 | ||
3 | Royal Bank of Canada | 1.150% | 7/14/26 | 6,997 | 6,410 | |
3 | Royal Bank of Canada | 1.400% | 11/2/26 | 6,866 | 6,273 | |
3 | Royal Bank of Canada | 4.875% | 1/19/27 | 4,500 | 4,488 | |
3 | Royal Bank of Canada | 2.050% | 1/21/27 | 3,035 | 2,814 | |
Royal Bank of Canada | 3.625% | 5/4/27 | 3,173 | 3,052 | ||
3 | Royal Bank of Canada | 4.240% | 8/3/27 | 12,655 | 12,365 | |
3 | Royal Bank of Canada | 4.900% | 1/12/28 | 13,575 | 13,577 | |
3 | Royal Bank of Canada | 5.200% | 8/1/28 | 6,750 | 6,820 | |
3 | Royal Bank of Canada | 4.950% | 2/1/29 | 2,637 | 2,638 | |
Santander Holdings USA Inc. | 3.450% | 6/2/25 | 4,303 | 4,182 | ||
Santander Holdings USA Inc. | 4.500% | 7/17/25 | 7,251 | 7,127 | ||
Santander Holdings USA Inc. | 3.244% | 10/5/26 | 17,061 | 16,109 | ||
Santander Holdings USA Inc. | 4.400% | 7/13/27 | 9,207 | 8,934 | ||
Santander Holdings USA Inc. | 2.490% | 1/6/28 | 9,115 | 8,285 | ||
Santander Holdings USA Inc. | 6.499% | 3/9/29 | 5,675 | 5,808 | ||
3 | Santander UK Group Holdings plc | 1.532% | 8/21/26 | 3,949 | 3,720 | |
Santander UK Group Holdings plc | 1.673% | 6/14/27 | 4,465 | 4,084 | ||
Santander UK Group Holdings plc | 2.469% | 1/11/28 | 19,490 | 17,903 | ||
Santander UK Group Holdings plc | 6.534% | 1/10/29 | 9,627 | 9,944 |
Coupon | Maturity Date | Face Amount ($000) | Market Value ($000) | |||
1 | SiriusPoint Ltd. | 7.000% | 4/5/29 | 760 | 759 | |
5 | Sixth Street Lending Partners | 6.500% | 3/11/29 | 3,208 | 3,208 | |
Sixth Street Specialty Lending Inc. | 2.500% | 8/1/26 | 3,041 | 2,803 | ||
Sixth Street Specialty Lending Inc. | 6.950% | 8/14/28 | 1,256 | 1,290 | ||
Sixth Street Specialty Lending Inc. | 6.125% | 3/1/29 | 2,270 | 2,259 | ||
State Street Corp. | 3.550% | 8/18/25 | 10,181 | 9,976 | ||
State Street Corp. | 5.104% | 5/18/26 | 5,500 | 5,481 | ||
State Street Corp. | 5.272% | 8/3/26 | 6,943 | 6,977 | ||
State Street Corp. | 4.993% | 3/18/27 | 4,000 | 4,006 | ||
State Street Corp. | 2.203% | 2/7/28 | 4,174 | 3,867 | ||
State Street Corp. | 5.684% | 11/21/29 | 6,575 | 6,750 | ||
3 | Sumitomo Mitsui Banking Corp. | 3.650% | 7/23/25 | 4,880 | 4,777 | |
Sumitomo Mitsui Financial Group Inc. | 1.474% | 7/8/25 | 25,707 | 24,480 | ||
Sumitomo Mitsui Financial Group Inc. | 0.948% | 1/12/26 | 5,989 | 5,559 | ||
Sumitomo Mitsui Financial Group Inc. | 3.784% | 3/9/26 | 8,028 | 7,824 | ||
Sumitomo Mitsui Financial Group Inc. | 5.880% | 7/13/26 | 4,150 | 4,213 | ||
Sumitomo Mitsui Financial Group Inc. | 1.402% | 9/17/26 | 20,005 | 18,288 | ||
Sumitomo Mitsui Financial Group Inc. | 3.010% | 10/19/26 | 15,248 | 14,470 | ||
Sumitomo Mitsui Financial Group Inc. | 3.446% | 1/11/27 | 18,234 | 17,481 | ||
Sumitomo Mitsui Financial Group Inc. | 2.174% | 1/14/27 | 12,699 | 11,757 | ||
Sumitomo Mitsui Financial Group Inc. | 5.520% | 1/13/28 | 13,213 | 13,470 | ||
Sumitomo Mitsui Financial Group Inc. | 5.800% | 7/13/28 | 7,640 | 7,871 | ||
Sumitomo Mitsui Financial Group Inc. | 3.944% | 7/19/28 | 6,995 | 6,717 | ||
Sumitomo Mitsui Financial Group Inc. | 1.902% | 9/17/28 | 22,297 | 19,537 | ||
Synchrony Bank | 5.625% | 8/23/27 | 13,922 | 13,667 | ||
Synchrony Financial | 4.500% | 7/23/25 | 6,486 | 6,355 | ||
Synchrony Financial | 3.700% | 8/4/26 | 4,437 | 4,215 | ||
Synchrony Financial | 5.150% | 3/19/29 | 3,000 | 2,883 | ||
Synovus Bank | 5.625% | 2/15/28 | 3,740 | 3,632 | ||
Toronto-Dominion Bank | 3.766% | 6/6/25 | 6,975 | 6,852 | ||
3 | Toronto-Dominion Bank | 1.150% | 6/12/25 | 4,594 | 4,375 | |
3 | Toronto-Dominion Bank | 0.750% | 9/11/25 | 12,007 | 11,278 | |
3 | Toronto-Dominion Bank | 0.750% | 1/6/26 | 4,005 | 3,717 | |
Toronto-Dominion Bank | 5.103% | 1/9/26 | 10,335 | 10,347 | ||
3 | Toronto-Dominion Bank | 1.200% | 6/3/26 | 3,271 | 3,010 | |
3 | Toronto-Dominion Bank | 5.532% | 7/17/26 | 6,180 | 6,233 | |
3 | Toronto-Dominion Bank | 1.250% | 9/10/26 | 15,357 | 14,008 | |
3 | Toronto-Dominion Bank | 1.950% | 1/12/27 | 7,115 | 6,576 | |
3 | Toronto-Dominion Bank | 2.800% | 3/10/27 | 10,639 | 10,016 | |
1,3 | Toronto-Dominion Bank | 4.980% | 4/5/27 | 2,700 | 2,695 | |
Toronto-Dominion Bank | 4.108% | 6/8/27 | 17,175 | 16,717 | ||
3 | Toronto-Dominion Bank | 4.693% | 9/15/27 | 12,957 | 12,833 | |
Toronto-Dominion Bank | 5.156% | 1/10/28 | 7,500 | 7,549 | ||
3 | Toronto-Dominion Bank | 5.523% | 7/17/28 | 11,130 | 11,368 | |
Trinity Acquisition plc | 4.400% | 3/15/26 | 5,893 | 5,780 | ||
3 | Truist Bank | 3.625% | 9/16/25 | 12,847 | 12,503 | |
3 | Truist Bank | 3.800% | 10/30/26 | 4,161 | 3,995 | |
Truist Financial Corp. | 4.000% | 5/1/25 | 13,465 | 13,247 | ||
3 | Truist Financial Corp. | 3.700% | 6/5/25 | 3,578 | 3,508 | |
3 | Truist Financial Corp. | 1.267% | 3/2/27 | 7,212 | 6,663 | |
3 | Truist Financial Corp. | 6.047% | 6/8/27 | 8,250 | 8,359 | |
3 | Truist Financial Corp. | 1.125% | 8/3/27 | 3,597 | 3,157 | |
3 | Truist Financial Corp. | 4.123% | 6/6/28 | 15,068 | 14,555 | |
3 | Truist Financial Corp. | 4.873% | 1/26/29 | 12,605 | 12,384 | |
3 | Truist Financial Corp. | 1.887% | 6/7/29 | 4,590 | 3,989 | |
3 | Truist Financial Corp. | 7.161% | 10/30/29 | 10,370 | 11,061 | |
3 | Truist Financial Corp. | 5.435% | 1/24/30 | 6,095 | 6,084 | |
UBS AG | 5.800% | 9/11/25 | 4,850 | 4,884 |
Coupon | Maturity Date | Face Amount ($000) | Market Value ($000) | |||
UBS AG | 5.650% | 9/11/28 | 9,565 | 9,792 | ||
UBS Group AG | 4.550% | 4/17/26 | 13,251 | 13,038 | ||
US Bancorp | 1.450% | 5/12/25 | 11,871 | 11,382 | ||
3 | US Bancorp | 3.950% | 11/17/25 | 3,200 | 3,135 | |
3 | US Bancorp | 3.100% | 4/27/26 | 13,334 | 12,783 | |
3 | US Bancorp | 2.375% | 7/22/26 | 9,838 | 9,270 | |
US Bancorp | 5.727% | 10/21/26 | 11,700 | 11,762 | ||
3 | US Bancorp | 3.150% | 4/27/27 | 15,310 | 14,522 | |
US Bancorp | 6.787% | 10/26/27 | 4,125 | 4,273 | ||
3 | US Bancorp | 3.900% | 4/26/28 | 7,495 | 7,210 | |
3 | US Bancorp | 4.548% | 7/22/28 | 10,375 | 10,167 | |
US Bancorp | 5.775% | 6/12/29 | 7,425 | 7,554 | ||
US Bancorp | 5.384% | 1/23/30 | 19,165 | 19,249 | ||
Visa Inc. | 3.150% | 12/14/25 | 23,738 | 23,084 | ||
Visa Inc. | 1.900% | 4/15/27 | 12,367 | 11,426 | ||
Visa Inc. | 0.750% | 8/15/27 | 2,879 | 2,542 | ||
Voya Financial Inc. | 3.650% | 6/15/26 | 3,400 | 3,277 | ||
3 | Voya Financial Inc. | 4.700% | 1/23/48 | 1,425 | 1,208 | |
Wachovia Corp. | 7.574% | 8/1/26 | 99 | 103 | ||
Webster Financial Corp. | 4.100% | 3/25/29 | 330 | 302 | ||
3 | Wells Fargo & Co. | 3.550% | 9/29/25 | 18,347 | 17,888 | |
Wells Fargo & Co. | 3.000% | 4/22/26 | 30,798 | 29,458 | ||
3 | Wells Fargo & Co. | 3.908% | 4/25/26 | 19,368 | 19,007 | |
3 | Wells Fargo & Co. | 2.188% | 4/30/26 | 35,000 | 33,710 | |
3 | Wells Fargo & Co. | 4.100% | 6/3/26 | 13,467 | 13,108 | |
3 | Wells Fargo & Co. | 4.540% | 8/15/26 | 11,620 | 11,472 | |
Wells Fargo & Co. | 3.000% | 10/23/26 | 21,811 | 20,648 | ||
3 | Wells Fargo & Co. | 3.196% | 6/17/27 | 2,332 | 2,226 | |
3 | Wells Fargo & Co. | 4.300% | 7/22/27 | 13,925 | 13,560 | |
3 | Wells Fargo & Co. | 3.526% | 3/24/28 | 34,183 | 32,532 | |
3 | Wells Fargo & Co. | 3.584% | 5/22/28 | 19,372 | 18,408 | |
3 | Wells Fargo & Co. | 4.808% | 7/25/28 | 31,736 | 31,267 | |
3 | Wells Fargo & Co. | 5.574% | 7/25/29 | 28,173 | 28,491 | |
Wells Fargo & Co. | 5.198% | 1/23/30 | 24,855 | 24,808 | ||
3 | Wells Fargo Bank NA | 5.550% | 8/1/25 | 5,740 | 5,767 | |
Wells Fargo Bank NA | 4.811% | 1/15/26 | 6,090 | 6,058 | ||
3 | Wells Fargo Bank NA | 5.450% | 8/7/26 | 6,370 | 6,412 | |
Wells Fargo Bank NA | 5.254% | 12/11/26 | 10,550 | 10,591 | ||
Western Union Co. | 1.350% | 3/15/26 | 4,570 | 4,229 | ||
Westpac Banking Corp. | 5.512% | 11/17/25 | 3,160 | 3,183 | ||
Westpac Banking Corp. | 2.850% | 5/13/26 | 18,722 | 17,952 | ||
Westpac Banking Corp. | 3.350% | 3/8/27 | 6,437 | 6,179 | ||
Westpac Banking Corp. | 5.457% | 11/18/27 | 14,400 | 14,692 | ||
Westpac Banking Corp. | 3.400% | 1/25/28 | 7,128 | 6,779 | ||
Westpac Banking Corp. | 5.535% | 11/17/28 | 8,200 | 8,428 | ||
Westpac Banking Corp. | 1.953% | 11/20/28 | 5,237 | 4,619 | ||
3 | Westpac Banking Corp. | 4.322% | 11/23/31 | 5,082 | 4,903 | |
Willis North America Inc. | 4.650% | 6/15/27 | 8,751 | 8,611 | ||
Willis North America Inc. | 4.500% | 9/15/28 | 341 | 332 | ||
6,264,553 | ||||||
Health Care (2.1%) | ||||||
Abbott Laboratories | 3.875% | 9/15/25 | 4,301 | 4,242 | ||
Abbott Laboratories | 3.750% | 11/30/26 | 5,733 | 5,604 | ||
Abbott Laboratories | 1.150% | 1/30/28 | 4,975 | 4,396 | ||
AbbVie Inc. | 3.800% | 3/15/25 | 12,000 | 11,830 | ||
AbbVie Inc. | 3.600% | 5/14/25 | 20,892 | 20,508 | ||
AbbVie Inc. | 3.200% | 5/14/26 | 3,550 | 3,426 | ||
AbbVie Inc. | 2.950% | 11/21/26 | 18,850 | 17,943 |
Coupon | Maturity Date | Face Amount ($000) | Market Value ($000) | |||
AbbVie Inc. | 4.800% | 3/15/27 | 14,060 | 14,065 | ||
AbbVie Inc. | 4.250% | 11/14/28 | 11,575 | 11,374 | ||
AbbVie Inc. | 4.800% | 3/15/29 | 10,000 | 10,020 | ||
AbbVie Inc. | 3.200% | 11/21/29 | 5,000 | 4,607 | ||
Advocate Health & Hospitals Corp. | 3.829% | 8/15/28 | 2,581 | 2,482 | ||
Agilent Technologies Inc. | 3.050% | 9/22/26 | 3,703 | 3,527 | ||
Amgen Inc. | 5.507% | 3/2/26 | 14,860 | 14,851 | ||
Amgen Inc. | 2.600% | 8/19/26 | 3,198 | 3,028 | ||
Amgen Inc. | 2.200% | 2/21/27 | 20,327 | 18,808 | ||
Amgen Inc. | 5.150% | 3/2/28 | 30,855 | 31,063 | ||
Amgen Inc. | 1.650% | 8/15/28 | 4,960 | 4,339 | ||
Amgen Inc. | 4.050% | 8/18/29 | 2,000 | 1,922 | ||
AstraZeneca Finance LLC | 1.200% | 5/28/26 | 4,803 | 4,435 | ||
AstraZeneca Finance LLC | 4.800% | 2/26/27 | 7,415 | 7,410 | ||
AstraZeneca Finance LLC | 4.875% | 3/3/28 | 6,528 | 6,545 | ||
AstraZeneca Finance LLC | 1.750% | 5/28/28 | 6,278 | 5,571 | ||
AstraZeneca Finance LLC | 4.850% | 2/26/29 | 3,276 | 3,286 | ||
AstraZeneca plc | 3.375% | 11/16/25 | 19,344 | 18,848 | ||
AstraZeneca plc | 0.700% | 4/8/26 | 12,275 | 11,292 | ||
AstraZeneca plc | 3.125% | 6/12/27 | 6,860 | 6,531 | ||
AstraZeneca plc | 4.000% | 1/17/29 | 6,000 | 5,816 | ||
Baxalta Inc. | 4.000% | 6/23/25 | 11,029 | 10,845 | ||
Baxter International Inc. | 2.600% | 8/15/26 | 5,924 | 5,572 | ||
Baxter International Inc. | 1.915% | 2/1/27 | 13,615 | 12,428 | ||
Becton Dickinson & Co. | 3.700% | 6/6/27 | 11,440 | 10,990 | ||
Becton Dickinson & Co. | 4.693% | 2/13/28 | 4,464 | 4,417 | ||
Biogen Inc. | 4.050% | 9/15/25 | 10,915 | 10,709 | ||
Bio-Rad Laboratories Inc. | 3.300% | 3/15/27 | 3,250 | 3,080 | ||
Boston Scientific Corp. | 1.900% | 6/1/25 | 4,830 | 4,640 | ||
Bristol-Myers Squibb Co. | 0.750% | 11/13/25 | 5,084 | 4,750 | ||
Bristol-Myers Squibb Co. | 4.950% | 2/20/26 | 5,500 | 5,501 | ||
Bristol-Myers Squibb Co. | 3.200% | 6/15/26 | 7,032 | 6,780 | ||
Bristol-Myers Squibb Co. | 4.900% | 2/22/27 | 3,250 | 3,261 | ||
Bristol-Myers Squibb Co. | 1.125% | 11/13/27 | 4,980 | 4,392 | ||
Bristol-Myers Squibb Co. | 3.450% | 11/15/27 | 4,975 | 4,755 | ||
Bristol-Myers Squibb Co. | 3.900% | 2/20/28 | 9,050 | 8,785 | ||
Bristol-Myers Squibb Co. | 4.900% | 2/22/29 | 7,890 | 7,931 | ||
Cardinal Health Inc. | 3.750% | 9/15/25 | 4,077 | 3,982 | ||
Cardinal Health Inc. | 3.410% | 6/15/27 | 3,472 | 3,298 | ||
Cardinal Health Inc. | 5.125% | 2/15/29 | 4,000 | 4,008 | ||
Cencora Inc. | 3.450% | 12/15/27 | 5,131 | 4,877 | ||
Centene Corp. | 4.250% | 12/15/27 | 12,140 | 11,575 | ||
Centene Corp. | 2.450% | 7/15/28 | 15,105 | 13,402 | ||
3 | CHRISTUS Health | 4.341% | 7/1/28 | 2,000 | 1,958 | |
3 | Cigna Group | 3.250% | 4/15/25 | 4,575 | 4,473 | |
3 | Cigna Group | 4.500% | 2/25/26 | 2,677 | 2,645 | |
Cigna Group | 1.250% | 3/15/26 | 2,308 | 2,139 | ||
3 | Cigna Group | 3.400% | 3/1/27 | 13,868 | 13,286 | |
Cigna Group | 4.375% | 10/15/28 | 21,185 | 20,670 | ||
CommonSpirit Health | 1.547% | 10/1/25 | 4,716 | 4,436 | ||
CommonSpirit Health | 6.073% | 11/1/27 | 3,000 | 3,090 | ||
CVS Health Corp. | 3.875% | 7/20/25 | 31,478 | 30,893 | ||
CVS Health Corp. | 2.875% | 6/1/26 | 9,588 | 9,138 | ||
CVS Health Corp. | 3.000% | 8/15/26 | 3,915 | 3,732 | ||
CVS Health Corp. | 3.625% | 4/1/27 | 3,046 | 2,930 | ||
CVS Health Corp. | 1.300% | 8/21/27 | 5,000 | 4,434 | ||
CVS Health Corp. | 4.300% | 3/25/28 | 27,963 | 27,287 | ||
CVS Health Corp. | 5.000% | 1/30/29 | 1,989 | 1,991 |
Coupon | Maturity Date | Face Amount ($000) | Market Value ($000) | |||
CVS Health Corp. | 3.250% | 8/15/29 | 4,957 | 4,547 | ||
Danaher Corp. | 3.350% | 9/15/25 | 1,721 | 1,683 | ||
Edwards Lifesciences Corp. | 4.300% | 6/15/28 | 4,075 | 3,965 | ||
Elevance Health Inc. | 5.350% | 10/15/25 | 2,488 | 2,490 | ||
Elevance Health Inc. | 4.900% | 2/8/26 | 3,745 | 3,724 | ||
Elevance Health Inc. | 1.500% | 3/15/26 | 4,485 | 4,177 | ||
Elevance Health Inc. | 4.101% | 3/1/28 | 16,701 | 16,236 | ||
Eli Lilly & Co. | 4.500% | 2/9/27 | 4,879 | 4,864 | ||
Eli Lilly & Co. | 5.500% | 3/15/27 | 2,975 | 3,065 | ||
Eli Lilly & Co. | 4.500% | 2/9/29 | 7,500 | 7,475 | ||
Eli Lilly & Co. | 3.375% | 3/15/29 | 8,983 | 8,523 | ||
GE HealthCare Technologies Inc. | 5.600% | 11/15/25 | 5,570 | 5,589 | ||
GE HealthCare Technologies Inc. | 5.650% | 11/15/27 | 9,403 | 9,573 | ||
Gilead Sciences Inc. | 3.650% | 3/1/26 | 24,689 | 24,045 | ||
Gilead Sciences Inc. | 2.950% | 3/1/27 | 13,650 | 12,982 | ||
Gilead Sciences Inc. | 1.200% | 10/1/27 | 2,440 | 2,161 | ||
GlaxoSmithKline Capital Inc. | 3.625% | 5/15/25 | 8,459 | 8,319 | ||
HCA Inc. | 5.250% | 4/15/25 | 14,083 | 14,028 | ||
HCA Inc. | 5.875% | 2/15/26 | 10,376 | 10,419 | ||
HCA Inc. | 5.250% | 6/15/26 | 9,453 | 9,424 | ||
HCA Inc. | 5.375% | 9/1/26 | 5,497 | 5,495 | ||
HCA Inc. | 4.500% | 2/15/27 | 2,460 | 2,411 | ||
HCA Inc. | 3.125% | 3/15/27 | 12,155 | 11,492 | ||
HCA Inc. | 5.200% | 6/1/28 | 4,250 | 4,263 | ||
HCA Inc. | 5.625% | 9/1/28 | 7,995 | 8,091 | ||
HCA Inc. | 5.875% | 2/1/29 | 5,145 | 5,259 | ||
HCA Inc. | 3.375% | 3/15/29 | 5,000 | 4,587 | ||
Humana Inc. | 4.500% | 4/1/25 | 4,965 | 4,912 | ||
Humana Inc. | 3.950% | 3/15/27 | 3,285 | 3,180 | ||
Humana Inc. | 5.750% | 3/1/28 | 2,250 | 2,301 | ||
Humana Inc. | 3.700% | 3/23/29 | 4,400 | 4,141 | ||
Illumina Inc. | 5.800% | 12/12/25 | 3,000 | 3,006 | ||
Illumina Inc. | 5.750% | 12/13/27 | 4,875 | 4,931 | ||
IQVIA Inc. | 6.250% | 2/1/29 | 7,500 | 7,788 | ||
Johnson & Johnson | 0.550% | 9/1/25 | 4,205 | 3,956 | ||
Johnson & Johnson | 2.450% | 3/1/26 | 11,460 | 10,980 | ||
Johnson & Johnson | 2.950% | 3/3/27 | 12,978 | 12,432 | ||
Johnson & Johnson | 0.950% | 9/1/27 | 1,381 | 1,228 | ||
Johnson & Johnson | 2.900% | 1/15/28 | 2,140 | 2,026 | ||
Kaiser Foundation Hospitals | 3.150% | 5/1/27 | 4,122 | 3,925 | ||
Laboratory Corp. of America Holdings | 1.550% | 6/1/26 | 4,585 | 4,246 | ||
McKesson Corp. | 0.900% | 12/3/25 | 4,421 | 4,116 | ||
McKesson Corp. | 5.250% | 2/15/26 | 3,020 | 3,013 | ||
McKesson Corp. | 3.950% | 2/16/28 | 1,800 | 1,743 | ||
McKesson Corp. | 4.900% | 7/15/28 | 864 | 867 | ||
Medtronic Global Holdings SCA | 4.250% | 3/30/28 | 7,340 | 7,208 | ||
Merck & Co. Inc. | 0.750% | 2/24/26 | 6,003 | 5,573 | ||
Merck & Co. Inc. | 1.700% | 6/10/27 | 16,439 | 14,979 | ||
Merck & Co. Inc. | 4.050% | 5/17/28 | 4,000 | 3,931 | ||
Merck & Co. Inc. | 3.400% | 3/7/29 | 10,274 | 9,734 | ||
Mylan Inc. | 4.550% | 4/15/28 | 6,720 | 6,493 | ||
Novartis Capital Corp. | 3.000% | 11/20/25 | 5,697 | 5,534 | ||
Novartis Capital Corp. | 2.000% | 2/14/27 | 15,277 | 14,227 | ||
Novartis Capital Corp. | 3.100% | 5/17/27 | 5,014 | 4,797 | ||
3 | PeaceHealth Obligated Group | 1.375% | 11/15/25 | 2,217 | 2,068 | |
Pfizer Inc. | 0.800% | 5/28/25 | 5,575 | 5,312 | ||
Pfizer Inc. | 2.750% | 6/3/26 | 9,719 | 9,319 | ||
Pfizer Inc. | 3.000% | 12/15/26 | 9,358 | 8,951 |
Coupon | Maturity Date | Face Amount ($000) | Market Value ($000) | |||
Pfizer Investment Enterprises Pte. Ltd. | 4.650% | 5/19/25 | 17,691 | 17,575 | ||
Pfizer Investment Enterprises Pte. Ltd. | 4.450% | 5/19/26 | 17,617 | 17,438 | ||
Pfizer Investment Enterprises Pte. Ltd. | 4.450% | 5/19/28 | 29,775 | 29,344 | ||
Pharmacia LLC | 6.600% | 12/1/28 | 6,647 | 7,135 | ||
3 | Providence St. Joseph Health Obligated Group | 2.746% | 10/1/26 | 2,742 | 2,567 | |
Quest Diagnostics Inc. | 3.450% | 6/1/26 | 8,009 | 7,732 | ||
Revvity Inc. | 1.900% | 9/15/28 | 3,170 | 2,762 | ||
Royalty Pharma plc | 1.200% | 9/2/25 | 4,905 | 4,617 | ||
Royalty Pharma plc | 1.750% | 9/2/27 | 4,940 | 4,411 | ||
Sanofi SA | 3.625% | 6/19/28 | 5,035 | 4,868 | ||
Shire Acquisitions Investments Ireland DAC | 3.200% | 9/23/26 | 12,633 | 12,075 | ||
Smith & Nephew plc | 5.150% | 3/20/27 | 1,500 | 1,498 | ||
5 | Solventum Corp. | 5.450% | 2/25/27 | 6,750 | 6,772 | |
5 | Solventum Corp. | 5.400% | 3/1/29 | 4,000 | 4,009 | |
3 | SSM Health Care Corp. | 3.823% | 6/1/27 | 2,994 | 2,881 | |
SSM Health Care Corp. | 4.894% | 6/1/28 | 3,500 | 3,489 | ||
Stryker Corp. | 3.375% | 11/1/25 | 4,004 | 3,888 | ||
Stryker Corp. | 3.500% | 3/15/26 | 1,545 | 1,498 | ||
Stryker Corp. | 3.650% | 3/7/28 | 4,867 | 4,658 | ||
3 | Sutter Health | 1.321% | 8/15/25 | 2,580 | 2,440 | |
3 | Sutter Health | 3.695% | 8/15/28 | 2,300 | 2,190 | |
Takeda Pharmaceutical Co. Ltd. | 5.000% | 11/26/28 | 10,818 | 10,837 | ||
Thermo Fisher Scientific Inc. | 5.000% | 12/5/26 | 5,400 | 5,421 | ||
Thermo Fisher Scientific Inc. | 4.800% | 11/21/27 | 4,988 | 4,993 | ||
Thermo Fisher Scientific Inc. | 1.750% | 10/15/28 | 4,387 | 3,872 | ||
Thermo Fisher Scientific Inc. | 5.000% | 1/31/29 | 6,000 | 6,055 | ||
UnitedHealth Group Inc. | 3.750% | 7/15/25 | 13,491 | 13,263 | ||
UnitedHealth Group Inc. | 5.150% | 10/15/25 | 6,553 | 6,561 | ||
UnitedHealth Group Inc. | 3.700% | 12/15/25 | 4,737 | 4,635 | ||
UnitedHealth Group Inc. | 1.250% | 1/15/26 | 1,310 | 1,227 | ||
UnitedHealth Group Inc. | 3.100% | 3/15/26 | 1,675 | 1,619 | ||
UnitedHealth Group Inc. | 1.150% | 5/15/26 | 10,906 | 10,087 | ||
UnitedHealth Group Inc. | 3.450% | 1/15/27 | 4,915 | 4,749 | ||
UnitedHealth Group Inc. | 3.375% | 4/15/27 | 7,956 | 7,654 | ||
UnitedHealth Group Inc. | 4.600% | 4/15/27 | 2,900 | 2,884 | ||
UnitedHealth Group Inc. | 3.700% | 5/15/27 | 6,315 | 6,124 | ||
UnitedHealth Group Inc. | 5.250% | 2/15/28 | 5,197 | 5,290 | ||
UnitedHealth Group Inc. | 3.850% | 6/15/28 | 7,695 | 7,450 | ||
UnitedHealth Group Inc. | 3.875% | 12/15/28 | 4,983 | 4,806 | ||
UnitedHealth Group Inc. | 4.250% | 1/15/29 | 5,343 | 5,236 | ||
UnitedHealth Group Inc. | 4.700% | 4/15/29 | 1,450 | 1,446 | ||
Universal Health Services Inc. | 1.650% | 9/1/26 | 4,495 | 4,096 | ||
3 | UPMC | 3.600% | 4/3/25 | 5,580 | 5,475 | |
Utah Acquisition Sub Inc. | 3.950% | 6/15/26 | 16,100 | 15,552 | ||
Viatris Inc. | 1.650% | 6/22/25 | 4,639 | 4,412 | ||
Zimmer Biomet Holdings Inc. | 3.050% | 1/15/26 | 4,637 | 4,456 | ||
Zimmer Biomet Holdings Inc. | 5.350% | 12/1/28 | 3,000 | 3,043 | ||
Zoetis Inc. | 5.400% | 11/14/25 | 4,930 | 4,937 | ||
Zoetis Inc. | 3.900% | 8/20/28 | 693 | 667 | ||
1,217,347 | ||||||
Industrials (1.7%) | ||||||
3M Co. | 2.650% | 4/15/25 | 2,900 | 2,816 | ||
3 | 3M Co. | 3.000% | 8/7/25 | 6,970 | 6,769 | |
3 | 3M Co. | 2.250% | 9/19/26 | 2,099 | 1,958 | |
3M Co. | 2.875% | 10/15/27 | 4,680 | 4,360 | ||
3 | 3M Co. | 3.625% | 9/14/28 | 2,500 | 2,370 | |
3 | 3M Co. | 3.375% | 3/1/29 | 4,615 | 4,288 | |
AGCO Corp. | 5.450% | 3/21/27 | 2,350 | 2,361 |
Coupon | Maturity Date | Face Amount ($000) | Market Value ($000) | |||
3 | American Airlines Pass-Through Trust Class A Series 2014-1 | 3.700% | 10/1/26 | 1,334 | 1,279 | |
3 | American Airlines Pass-Through Trust Class AA Series 2017-1 | 3.650% | 2/15/29 | 3,296 | 3,110 | |
3 | BNSF Funding Trust I | 6.613% | 12/15/55 | 3,664 | 3,638 | |
Boeing Co. | 4.875% | 5/1/25 | 23,197 | 22,936 | ||
Boeing Co. | 2.600% | 10/30/25 | 4,859 | 4,624 | ||
Boeing Co. | 2.750% | 2/1/26 | 4,672 | 4,430 | ||
Boeing Co. | 2.196% | 2/4/26 | 42,689 | 39,969 | ||
Boeing Co. | 3.100% | 5/1/26 | 4,999 | 4,746 | ||
Boeing Co. | 2.250% | 6/15/26 | 5,889 | 5,468 | ||
Boeing Co. | 2.700% | 2/1/27 | 5,529 | 5,092 | ||
Boeing Co. | 5.040% | 5/1/27 | 16,388 | 16,072 | ||
Boeing Co. | 3.250% | 2/1/28 | 7,177 | 6,605 | ||
Boeing Co. | 3.200% | 3/1/29 | 5,790 | 5,175 | ||
Burlington Northern Santa Fe LLC | 3.000% | 4/1/25 | 7,789 | 7,621 | ||
Burlington Northern Santa Fe LLC | 3.650% | 9/1/25 | 5,712 | 5,597 | ||
Burlington Northern Santa Fe LLC | 3.250% | 6/15/27 | 4,080 | 3,898 | ||
Canadian National Railway Co. | 2.750% | 3/1/26 | 3,337 | 3,208 | ||
Canadian Pacific Railway Co. | 1.750% | 12/2/26 | 8,129 | 7,465 | ||
Carrier Global Corp. | 5.800% | 11/30/25 | 2,735 | 2,753 | ||
Carrier Global Corp. | 2.493% | 2/15/27 | 13,825 | 12,885 | ||
3 | Caterpillar Financial Services Corp. | 1.450% | 5/15/25 | 4,085 | 3,918 | |
Caterpillar Financial Services Corp. | 5.150% | 8/11/25 | 4,845 | 4,848 | ||
3 | Caterpillar Financial Services Corp. | 3.650% | 8/12/25 | 4,776 | 4,683 | |
3 | Caterpillar Financial Services Corp. | 0.800% | 11/13/25 | 2,597 | 2,431 | |
Caterpillar Financial Services Corp. | 5.050% | 2/27/26 | 4,700 | 4,706 | ||
Caterpillar Financial Services Corp. | 0.900% | 3/2/26 | 6,106 | 5,656 | ||
3 | Caterpillar Financial Services Corp. | 4.350% | 5/15/26 | 7,500 | 7,420 | |
3 | Caterpillar Financial Services Corp. | 1.150% | 9/14/26 | 3,350 | 3,067 | |
3 | Caterpillar Financial Services Corp. | 1.700% | 1/8/27 | 9,166 | 8,448 | |
3 | Caterpillar Financial Services Corp. | 3.600% | 8/12/27 | 11,288 | 10,878 | |
CH Robinson Worldwide Inc. | 4.200% | 4/15/28 | 5,000 | 4,855 | ||
CNH Industrial Capital LLC | 5.450% | 10/14/25 | 2,299 | 2,304 | ||
CNH Industrial Capital LLC | 1.875% | 1/15/26 | 3,790 | 3,565 | ||
CNH Industrial Capital LLC | 4.550% | 4/10/28 | 12,095 | 11,849 | ||
CNH Industrial Capital LLC | 5.500% | 1/12/29 | 3,500 | 3,551 | ||
CSX Corp. | 3.350% | 11/1/25 | 7,530 | 7,324 | ||
CSX Corp. | 2.600% | 11/1/26 | 5,450 | 5,156 | ||
CSX Corp. | 3.250% | 6/1/27 | 1,188 | 1,132 | ||
CSX Corp. | 4.250% | 3/15/29 | 5,495 | 5,381 | ||
Cummins Inc. | 0.750% | 9/1/25 | 2,516 | 2,370 | ||
Cummins Inc. | 4.900% | 2/20/29 | 3,000 | 3,018 | ||
Deere & Co. | 2.750% | 4/15/25 | 3,919 | 3,823 | ||
5 | Delta Air Lines Inc. | 4.750% | 10/20/28 | 10,000 | 9,779 | |
Dover Corp. | 3.150% | 11/15/25 | 3,571 | 3,450 | ||
Eaton Corp. | 3.103% | 9/15/27 | 5,324 | 5,047 | ||
Emerson Electric Co. | 3.150% | 6/1/25 | 914 | 893 | ||
Emerson Electric Co. | 0.875% | 10/15/26 | 3,909 | 3,547 | ||
Emerson Electric Co. | 1.800% | 10/15/27 | 4,663 | 4,214 | ||
Emerson Electric Co. | 2.000% | 12/21/28 | 6,600 | 5,867 | ||
FedEx Corp. | 3.250% | 4/1/26 | 3,050 | 2,951 | ||
FedEx Corp. | 4.200% | 10/17/28 | 5,950 | 5,777 | ||
Fortive Corp. | 3.150% | 6/15/26 | 5,338 | 5,105 | ||
General Dynamics Corp. | 3.250% | 4/1/25 | 3,975 | 3,898 | ||
General Dynamics Corp. | 3.500% | 5/15/25 | 3,457 | 3,396 | ||
General Dynamics Corp. | 3.500% | 4/1/27 | 5,090 | 4,917 | ||
General Dynamics Corp. | 2.625% | 11/15/27 | 4,140 | 3,845 |
Coupon | Maturity Date | Face Amount ($000) | Market Value ($000) | |||
General Dynamics Corp. | 3.750% | 5/15/28 | 8,409 | 8,149 | ||
HEICO Corp. | 5.250% | 8/1/28 | 2,106 | 2,119 | ||
Hexcel Corp. | 4.200% | 2/15/27 | 3,494 | 3,332 | ||
Honeywell International Inc. | 1.350% | 6/1/25 | 2,194 | 2,102 | ||
Honeywell International Inc. | 2.500% | 11/1/26 | 4,899 | 4,627 | ||
Honeywell International Inc. | 1.100% | 3/1/27 | 7,671 | 6,933 | ||
Honeywell International Inc. | 4.950% | 2/15/28 | 4,555 | 4,607 | ||
Honeywell International Inc. | 4.250% | 1/15/29 | 4,920 | 4,843 | ||
Honeywell International Inc. | 2.700% | 8/15/29 | 4,950 | 4,488 | ||
Howmet Aerospace Inc. | 3.000% | 1/15/29 | 1,960 | 1,771 | ||
Huntington Ingalls Industries Inc. | 3.844% | 5/1/25 | 319 | 313 | ||
Huntington Ingalls Industries Inc. | 3.483% | 12/1/27 | 5,642 | 5,300 | ||
Huntington Ingalls Industries Inc. | 2.043% | 8/16/28 | 2,525 | 2,206 | ||
Illinois Tool Works Inc. | 2.650% | 11/15/26 | 6,451 | 6,117 | ||
Ingersoll Rand Inc. | 5.400% | 8/14/28 | 625 | 634 | ||
Jacobs Engineering Group Inc. | 6.350% | 8/18/28 | 4,000 | 4,135 | ||
JB Hunt Transport Services Inc. | 3.875% | 3/1/26 | 6,077 | 5,941 | ||
3 | John Deere Capital Corp. | 3.400% | 6/6/25 | 4,672 | 4,580 | |
3 | John Deere Capital Corp. | 4.950% | 6/6/25 | 4,955 | 4,949 | |
3 | John Deere Capital Corp. | 4.050% | 9/8/25 | 4,215 | 4,157 | |
John Deere Capital Corp. | 5.300% | 9/8/25 | 4,030 | 4,044 | ||
3 | John Deere Capital Corp. | 4.800% | 1/9/26 | 2,590 | 2,583 | |
3 | John Deere Capital Corp. | 0.700% | 1/15/26 | 5,385 | 5,002 | |
3 | John Deere Capital Corp. | 5.050% | 3/3/26 | 3,150 | 3,160 | |
3 | John Deere Capital Corp. | 4.950% | 3/6/26 | 10,045 | 10,047 | |
3 | John Deere Capital Corp. | 4.750% | 6/8/26 | 2,200 | 2,193 | |
3 | John Deere Capital Corp. | 1.050% | 6/17/26 | 4,675 | 4,301 | |
3 | John Deere Capital Corp. | 5.150% | 9/8/26 | 2,895 | 2,912 | |
3 | John Deere Capital Corp. | 2.250% | 9/14/26 | 4,939 | 4,638 | |
3 | John Deere Capital Corp. | 1.300% | 10/13/26 | 4,835 | 4,417 | |
3 | John Deere Capital Corp. | 1.700% | 1/11/27 | 4,910 | 4,514 | |
3 | John Deere Capital Corp. | 4.850% | 3/5/27 | 10,045 | 10,045 | |
3 | John Deere Capital Corp. | 1.750% | 3/9/27 | 1,471 | 1,351 | |
3 | John Deere Capital Corp. | 4.150% | 9/15/27 | 14,750 | 14,489 | |
3 | John Deere Capital Corp. | 3.050% | 1/6/28 | 235 | 222 | |
3 | John Deere Capital Corp. | 4.750% | 1/20/28 | 11,863 | 11,885 | |
3 | John Deere Capital Corp. | 4.900% | 3/3/28 | 6,450 | 6,495 | |
3 | John Deere Capital Corp. | 4.950% | 7/14/28 | 12,356 | 12,455 | |
3 | John Deere Capital Corp. | 3.450% | 3/7/29 | 3,475 | 3,289 | |
3 | Johnson Controls International plc | 3.900% | 2/14/26 | 3,064 | 2,986 | |
Keysight Technologies Inc. | 4.600% | 4/6/27 | 4,545 | 4,470 | ||
Kirby Corp. | 4.200% | 3/1/28 | 4,693 | 4,537 | ||
L3Harris Technologies Inc. | 3.832% | 4/27/25 | 5,740 | 5,644 | ||
L3Harris Technologies Inc. | 5.400% | 1/15/27 | 3,097 | 3,118 | ||
L3Harris Technologies Inc. | 4.400% | 6/15/28 | 7,534 | 7,334 | ||
3 | L3Harris Technologies Inc. | 4.400% | 6/15/28 | 8,648 | 8,430 | |
Lennox International Inc. | 1.350% | 8/1/25 | 3,773 | 3,568 | ||
Lennox International Inc. | 5.500% | 9/15/28 | 3,200 | 3,243 | ||
LKQ Corp. | 5.750% | 6/15/28 | 5,975 | 6,080 | ||
Lockheed Martin Corp. | 4.950% | 10/15/25 | 3,943 | 3,940 | ||
Lockheed Martin Corp. | 3.550% | 1/15/26 | 6,725 | 6,564 | ||
Lockheed Martin Corp. | 5.100% | 11/15/27 | 18,690 | 18,917 | ||
Lockheed Martin Corp. | 4.450% | 5/15/28 | 9,781 | 9,689 | ||
Lockheed Martin Corp. | 4.500% | 2/15/29 | 5,000 | 4,958 | ||
5 | Mileage Plus Holdings LLC | 6.500% | 6/20/27 | 4,550 | 4,582 | |
Norfolk Southern Corp. | 3.650% | 8/1/25 | 592 | 580 | ||
Norfolk Southern Corp. | 2.900% | 6/15/26 | 3,780 | 3,611 | ||
Norfolk Southern Corp. | 3.150% | 6/1/27 | 2,542 | 2,404 |
Coupon | Maturity Date | Face Amount ($000) | Market Value ($000) | |||
Norfolk Southern Corp. | 3.800% | 8/1/28 | 1,865 | 1,786 | ||
Northrop Grumman Corp. | 3.200% | 2/1/27 | 6,095 | 5,828 | ||
Northrop Grumman Corp. | 3.250% | 1/15/28 | 17,031 | 16,091 | ||
Otis Worldwide Corp. | 2.056% | 4/5/25 | 7,582 | 7,330 | ||
Otis Worldwide Corp. | 2.293% | 4/5/27 | 4,599 | 4,263 | ||
Otis Worldwide Corp. | 5.250% | 8/16/28 | 5,645 | 5,725 | ||
3 | PACCAR Financial Corp. | 3.550% | 8/11/25 | 5,060 | 4,958 | |
3 | PACCAR Financial Corp. | 5.050% | 8/10/26 | 1,885 | 1,891 | |
PACCAR Financial Corp. | 4.600% | 1/10/28 | 4,975 | 4,958 | ||
3 | PACCAR Financial Corp. | 4.950% | 8/10/28 | 2,025 | 2,044 | |
3 | PACCAR Financial Corp. | 4.600% | 1/31/29 | 7,500 | 7,456 | |
Parker-Hannifin Corp. | 3.250% | 3/1/27 | 2,760 | 2,631 | ||
Parker-Hannifin Corp. | 4.250% | 9/15/27 | 7,480 | 7,333 | ||
Precision Castparts Corp. | 3.250% | 6/15/25 | 5,704 | 5,582 | ||
5 | Regal Rexnord Corp. | 6.050% | 2/15/26 | 6,500 | 6,538 | |
5 | Regal Rexnord Corp. | 6.050% | 4/15/28 | 4,640 | 4,708 | |
Republic Services Inc. | 0.875% | 11/15/25 | 3,707 | 3,457 | ||
Republic Services Inc. | 2.900% | 7/1/26 | 4,783 | 4,584 | ||
Republic Services Inc. | 3.950% | 5/15/28 | 1,032 | 999 | ||
RTX Corp. | 3.950% | 8/16/25 | 9,803 | 9,641 | ||
RTX Corp. | 5.000% | 2/27/26 | 1,300 | 1,298 | ||
RTX Corp. | 3.500% | 3/15/27 | 8,158 | 7,837 | ||
RTX Corp. | 3.125% | 5/4/27 | 11,512 | 10,902 | ||
RTX Corp. | 4.125% | 11/16/28 | 13,119 | 12,696 | ||
3 | Ryder System Inc. | 4.625% | 6/1/25 | 6,829 | 6,759 | |
3 | Ryder System Inc. | 3.350% | 9/1/25 | 1,318 | 1,280 | |
3 | Ryder System Inc. | 1.750% | 9/1/26 | 3,216 | 2,963 | |
3 | Ryder System Inc. | 2.850% | 3/1/27 | 2,055 | 1,927 | |
3 | Ryder System Inc. | 5.650% | 3/1/28 | 4,775 | 4,867 | |
3 | Ryder System Inc. | 5.250% | 6/1/28 | 6,495 | 6,524 | |
Ryder System Inc. | 6.300% | 12/1/28 | 3,080 | 3,227 | ||
3 | Ryder System Inc. | 5.375% | 3/15/29 | 3,185 | 3,212 | |
Southwest Airlines Co. | 5.250% | 5/4/25 | 5,572 | 5,549 | ||
Southwest Airlines Co. | 5.125% | 6/15/27 | 5,035 | 5,026 | ||
Southwest Airlines Co. | 3.450% | 11/16/27 | 2,310 | 2,175 | ||
Teledyne Technologies Inc. | 1.600% | 4/1/26 | 2,911 | 2,710 | ||
Teledyne Technologies Inc. | 2.250% | 4/1/28 | 5,240 | 4,714 | ||
Textron Inc. | 4.000% | 3/15/26 | 2,375 | 2,316 | ||
Textron Inc. | 3.650% | 3/15/27 | 3,892 | 3,736 | ||
Trane Technologies Financing Ltd. | 3.800% | 3/21/29 | 4,370 | 4,161 | ||
Trane Technologies Global Holding Co. Ltd. | 3.750% | 8/21/28 | 5,000 | 4,782 | ||
Trimble Inc. | 4.900% | 6/15/28 | 3,253 | 3,235 | ||
Tyco Electronics Group SA | 4.500% | 2/13/26 | 4,565 | 4,519 | ||
Tyco Electronics Group SA | 3.700% | 2/15/26 | 3,149 | 3,069 | ||
Tyco Electronics Group SA | 3.125% | 8/15/27 | 4,857 | 4,598 | ||
Union Pacific Corp. | 3.750% | 7/15/25 | 1,517 | 1,491 | ||
Union Pacific Corp. | 3.250% | 8/15/25 | 4,168 | 4,064 | ||
Union Pacific Corp. | 2.750% | 3/1/26 | 2,316 | 2,224 | ||
Union Pacific Corp. | 3.950% | 9/10/28 | 11,000 | 10,730 | ||
Union Pacific Corp. | 3.700% | 3/1/29 | 5,000 | 4,785 | ||
3 | United Airlines Pass-Through Trust Class A Series 2013-1 | 4.300% | 8/15/25 | 530 | 520 | |
3 | United Airlines Pass-Through Trust Class A Series 2014-1 | 4.000% | 4/11/26 | 2,400 | 2,325 | |
3 | United Airlines Pass-Through Trust Class A Series 2014-2 | 3.750% | 9/3/26 | 3,700 | 3,584 | |
3 | United Airlines Pass-Through Trust Class A Series 2020-1 | 5.875% | 10/15/27 | 8,985 | 8,954 |
Coupon | Maturity Date | Face Amount ($000) | Market Value ($000) | |||
3 | United Airlines Pass-Through Trust Class B Series 2020-1 | 4.875% | 1/15/26 | 4,114 | 4,048 | |
United Parcel Service Inc. | 3.900% | 4/1/25 | 1,264 | 1,247 | ||
United Parcel Service Inc. | 2.400% | 11/15/26 | 4,978 | 4,683 | ||
United Parcel Service Inc. | 3.050% | 11/15/27 | 7,370 | 6,958 | ||
5 | Veralto Corp. | 5.350% | 9/18/28 | 5,925 | 6,020 | |
Vontier Corp. | 1.800% | 4/1/26 | 4,397 | 4,080 | ||
Waste Management Inc. | 0.750% | 11/15/25 | 4,468 | 4,171 | ||
Waste Management Inc. | 3.150% | 11/15/27 | 10,145 | 9,616 | ||
Waste Management Inc. | 4.875% | 2/15/29 | 6,991 | 7,059 | ||
Waste Management Inc. | 2.000% | 6/1/29 | 3,975 | 3,486 | ||
Westinghouse Air Brake Technologies Corp. | 3.200% | 6/15/25 | 4,928 | 4,786 | ||
Westinghouse Air Brake Technologies Corp. | 3.450% | 11/15/26 | 4,950 | 4,732 | ||
Westinghouse Air Brake Technologies Corp. | 4.700% | 9/15/28 | 6,534 | 6,432 | ||
Xylem Inc. | 3.250% | 11/1/26 | 2,124 | 2,029 | ||
Xylem Inc. | 1.950% | 1/30/28 | 4,715 | 4,234 | ||
992,705 | ||||||
Materials (0.6%) | ||||||
Air Products and Chemicals Inc. | 1.500% | 10/15/25 | 3,693 | 3,502 | ||
Air Products and Chemicals Inc. | 1.850% | 5/15/27 | 5,002 | 4,593 | ||
Albemarle Corp. | 4.650% | 6/1/27 | 2,500 | 2,453 | ||
Amcor Flexibles North America Inc. | 4.000% | 5/17/25 | 4,208 | 4,131 | ||
AngloGold Ashanti Holdings plc | 3.375% | 11/1/28 | 3,657 | 3,292 | ||
ArcelorMittal SA | 4.550% | 3/11/26 | 3,097 | 3,049 | ||
ArcelorMittal SA | 6.550% | 11/29/27 | 4,938 | 5,124 | ||
Berry Global Inc. | 1.570% | 1/15/26 | 4,719 | 4,417 | ||
Berry Global Inc. | 1.650% | 1/15/27 | 6,225 | 5,648 | ||
Berry Global Inc. | 5.500% | 4/15/28 | 4,340 | 4,373 | ||
BHP Billiton Finance USA Ltd. | 4.875% | 2/27/26 | 7,844 | 7,817 | ||
BHP Billiton Finance USA Ltd. | 5.250% | 9/8/26 | 5,150 | 5,180 | ||
BHP Billiton Finance USA Ltd. | 4.750% | 2/28/28 | 6,965 | 6,947 | ||
BHP Billiton Finance USA Ltd. | 5.100% | 9/8/28 | 2,000 | 2,021 | ||
Celanese US Holdings LLC | 1.400% | 8/5/26 | 3,322 | 3,024 | ||
Celanese US Holdings LLC | 6.165% | 7/15/27 | 14,500 | 14,767 | ||
Celanese US Holdings LLC | 6.350% | 11/15/28 | 4,800 | 4,979 | ||
Celulosa Arauco y Constitucion SA | 3.875% | 11/2/27 | 3,450 | 3,227 | ||
Dow Chemical Co. | 4.550% | 11/30/25 | 269 | 266 | ||
Dow Chemical Co. | 4.800% | 11/30/28 | 3,700 | 3,693 | ||
DuPont de Nemours Inc. | 4.493% | 11/15/25 | 8,839 | 8,723 | ||
DuPont de Nemours Inc. | 4.725% | 11/15/28 | 14,075 | 14,053 | ||
Eastman Chemical Co. | 4.500% | 12/1/28 | 3,025 | 2,946 | ||
Ecolab Inc. | 2.700% | 11/1/26 | 6,588 | 6,259 | ||
Ecolab Inc. | 3.250% | 12/1/27 | 4,080 | 3,873 | ||
Ecolab Inc. | 5.250% | 1/15/28 | 2,710 | 2,762 | ||
EIDP Inc. | 1.700% | 7/15/25 | 3,974 | 3,793 | ||
EIDP Inc. | 4.500% | 5/15/26 | 4,200 | 4,154 | ||
FMC Corp. | 5.150% | 5/18/26 | 1,900 | 1,890 | ||
FMC Corp. | 3.200% | 10/1/26 | 4,690 | 4,432 | ||
Freeport-McMoRan Inc. | 5.000% | 9/1/27 | 4,725 | 4,690 | ||
Freeport-McMoRan Inc. | 4.125% | 3/1/28 | 2,850 | 2,726 | ||
Freeport-McMoRan Inc. | 4.375% | 8/1/28 | 331 | 319 | ||
Freeport-McMoRan Inc. | 5.250% | 9/1/29 | 691 | 694 | ||
5 | Georgia-Pacific LLC | 1.750% | 9/30/25 | 2,100 | 1,994 | |
5 | Georgia-Pacific LLC | 2.100% | 4/30/27 | 1,300 | 1,194 | |
Kinross Gold Corp. | 4.500% | 7/15/27 | 4,000 | 3,906 | ||
Linde Inc. | 4.700% | 12/5/25 | 4,495 | 4,475 | ||
Linde Inc. | 3.200% | 1/30/26 | 4,242 | 4,113 | ||
LYB International Finance II BV | 3.500% | 3/2/27 | 2,030 | 1,937 |
Coupon | Maturity Date | Face Amount ($000) | Market Value ($000) | |||
LYB International Finance III LLC | 1.250% | 10/1/25 | 3,240 | 3,043 | ||
Mosaic Co. | 4.050% | 11/15/27 | 4,875 | 4,703 | ||
Mosaic Co. | 5.375% | 11/15/28 | 2,500 | 2,530 | ||
5 | Newmont Corp. | 5.300% | 3/15/26 | 5,875 | 5,890 | |
Nucor Corp. | 3.950% | 5/23/25 | 2,075 | 2,043 | ||
Nucor Corp. | 2.000% | 6/1/25 | 7,412 | 7,127 | ||
Nucor Corp. | 4.300% | 5/23/27 | 4,160 | 4,079 | ||
Nucor Corp. | 3.950% | 5/1/28 | 1,582 | 1,530 | ||
Nutrien Ltd. | 3.000% | 4/1/25 | 5,165 | 5,034 | ||
Nutrien Ltd. | 5.950% | 11/7/25 | 2,330 | 2,350 | ||
Nutrien Ltd. | 4.000% | 12/15/26 | 4,036 | 3,915 | ||
Nutrien Ltd. | 4.900% | 3/27/28 | 4,523 | 4,503 | ||
Packaging Corp. of America | 3.400% | 12/15/27 | 3,867 | 3,676 | ||
PPG Industries Inc. | 1.200% | 3/15/26 | 4,945 | 4,583 | ||
PPG Industries Inc. | 3.750% | 3/15/28 | 1,521 | 1,464 | ||
Reliance Inc. | 1.300% | 8/15/25 | 2,500 | 2,365 | ||
Rio Tinto Finance USA Ltd. | 7.125% | 7/15/28 | 4,940 | 5,384 | ||
RPM International Inc. | 3.750% | 3/15/27 | 3,698 | 3,538 | ||
RPM International Inc. | 4.550% | 3/1/29 | 2,025 | 1,966 | ||
Sherwin-Williams Co. | 3.450% | 8/1/25 | 4,890 | 4,767 | ||
Sherwin-Williams Co. | 4.250% | 8/8/25 | 1,575 | 1,552 | ||
Sherwin-Williams Co. | 3.950% | 1/15/26 | 4,124 | 4,039 | ||
Sherwin-Williams Co. | 3.450% | 6/1/27 | 5,631 | 5,381 | ||
Sonoco Products Co. | 2.250% | 2/1/27 | 3,000 | 2,782 | ||
Southern Copper Corp. | 3.875% | 4/23/25 | 4,920 | 4,822 | ||
Steel Dynamics Inc. | 2.400% | 6/15/25 | 7,309 | 7,037 | ||
Steel Dynamics Inc. | 5.000% | 12/15/26 | 1,500 | 1,489 | ||
Suzano Austria GmbH | 6.000% | 1/15/29 | 11,875 | 11,937 | ||
Suzano International Finance BV | 5.500% | 1/17/27 | 4,934 | 4,916 | ||
Vulcan Materials Co. | 4.500% | 4/1/25 | 3,012 | 2,978 | ||
Vulcan Materials Co. | 3.900% | 4/1/27 | 2,601 | 2,521 | ||
Westlake Corp. | 3.600% | 8/15/26 | 5,057 | 4,862 | ||
WRKCo Inc. | 4.650% | 3/15/26 | 5,325 | 5,256 | ||
WRKCo Inc. | 4.000% | 3/15/28 | 4,354 | 4,185 | ||
WRKCo Inc. | 3.900% | 6/1/28 | 4,882 | 4,655 | ||
WRKCo Inc. | 4.900% | 3/15/29 | 4,345 | 4,314 | ||
318,652 | ||||||
Real Estate (1.1%) | ||||||
Agree LP | 2.000% | 6/15/28 | 2,047 | 1,801 | ||
Alexandria Real Estate Equities Inc. | 3.450% | 4/30/25 | 10,033 | 9,815 | ||
Alexandria Real Estate Equities Inc. | 3.800% | 4/15/26 | 4,522 | 4,395 | ||
Alexandria Real Estate Equities Inc. | 3.950% | 1/15/28 | 1,370 | 1,312 | ||
American Homes 4 Rent LP | 4.250% | 2/15/28 | 3,819 | 3,670 | ||
American Homes 4 Rent LP | 4.900% | 2/15/29 | 2,300 | 2,259 | ||
American Tower Corp. | 4.000% | 6/1/25 | 4,706 | 4,621 | ||
American Tower Corp. | 1.300% | 9/15/25 | 758 | 715 | ||
American Tower Corp. | 4.400% | 2/15/26 | 4,215 | 4,144 | ||
American Tower Corp. | 1.600% | 4/15/26 | 2,506 | 2,328 | ||
American Tower Corp. | 1.450% | 9/15/26 | 4,139 | 3,776 | ||
American Tower Corp. | 3.375% | 10/15/26 | 10,753 | 10,276 | ||
American Tower Corp. | 2.750% | 1/15/27 | 4,388 | 4,109 | ||
American Tower Corp. | 3.125% | 1/15/27 | 4,464 | 4,222 | ||
American Tower Corp. | 3.650% | 3/15/27 | 4,950 | 4,746 | ||
American Tower Corp. | 3.600% | 1/15/28 | 6,281 | 5,934 | ||
American Tower Corp. | 5.500% | 3/15/28 | 5,458 | 5,503 | ||
American Tower Corp. | 5.250% | 7/15/28 | 4,595 | 4,596 | ||
American Tower Corp. | 5.800% | 11/15/28 | 5,140 | 5,265 | ||
American Tower Corp. | 5.200% | 2/15/29 | 2,829 | 2,829 |
Coupon | Maturity Date | Face Amount ($000) | Market Value ($000) | |||
American Tower Corp. | 3.950% | 3/15/29 | 2,191 | 2,071 | ||
3 | AvalonBay Communities Inc. | 3.450% | 6/1/25 | 4,338 | 4,249 | |
3 | AvalonBay Communities Inc. | 3.500% | 11/15/25 | 3,999 | 3,899 | |
3 | AvalonBay Communities Inc. | 2.900% | 10/15/26 | 2,569 | 2,432 | |
3 | AvalonBay Communities Inc. | 3.350% | 5/15/27 | 3,573 | 3,408 | |
3 | AvalonBay Communities Inc. | 3.200% | 1/15/28 | 3,374 | 3,175 | |
Boston Properties LP | 2.750% | 10/1/26 | 4,740 | 4,419 | ||
Boston Properties LP | 6.750% | 12/1/27 | 5,795 | 6,015 | ||
Boston Properties LP | 4.500% | 12/1/28 | 5,852 | 5,571 | ||
Brixmor Operating Partnership LP | 3.900% | 3/15/27 | 4,995 | 4,792 | ||
Brixmor Operating Partnership LP | 2.250% | 4/1/28 | 2,000 | 1,777 | ||
Brixmor Operating Partnership LP | 4.125% | 5/15/29 | 1,819 | 1,715 | ||
Camden Property Trust | 4.100% | 10/15/28 | 2,440 | 2,367 | ||
CBRE Services Inc. | 4.875% | 3/1/26 | 5,030 | 4,978 | ||
CBRE Services Inc. | 5.500% | 4/1/29 | 1,500 | 1,510 | ||
COPT Defense Properties LP | 2.250% | 3/15/26 | 2,887 | 2,715 | ||
COPT Defense Properties LP | 2.000% | 1/15/29 | 2,720 | 2,283 | ||
Crown Castle Inc. | 1.350% | 7/15/25 | 8,080 | 7,672 | ||
Crown Castle Inc. | 4.450% | 2/15/26 | 10,590 | 10,414 | ||
Crown Castle Inc. | 3.700% | 6/15/26 | 4,375 | 4,225 | ||
Crown Castle Inc. | 1.050% | 7/15/26 | 4,340 | 3,947 | ||
Crown Castle Inc. | 2.900% | 3/15/27 | 4,744 | 4,439 | ||
Crown Castle Inc. | 5.000% | 1/11/28 | 11,602 | 11,484 | ||
Crown Castle Inc. | 3.800% | 2/15/28 | 5,854 | 5,544 | ||
Crown Castle Inc. | 4.800% | 9/1/28 | 3,000 | 2,942 | ||
Crown Castle Inc. | 4.300% | 2/15/29 | 3,500 | 3,356 | ||
CubeSmart LP | 4.000% | 11/15/25 | 675 | 659 | ||
CubeSmart LP | 3.125% | 9/1/26 | 3,430 | 3,256 | ||
CubeSmart LP | 2.250% | 12/15/28 | 3,246 | 2,850 | ||
CubeSmart LP | 4.375% | 2/15/29 | 3,330 | 3,197 | ||
Digital Realty Trust LP | 3.700% | 8/15/27 | 4,611 | 4,406 | ||
Digital Realty Trust LP | 5.550% | 1/15/28 | 6,485 | 6,530 | ||
DOC DR LLC | 4.300% | 3/15/27 | 3,937 | 3,853 | ||
DOC DR LLC | 3.950% | 1/15/28 | 1,605 | 1,533 | ||
EPR Properties | 4.500% | 4/1/25 | 564 | 556 | ||
EPR Properties | 4.750% | 12/15/26 | 1,306 | 1,264 | ||
EPR Properties | 4.500% | 6/1/27 | 1,516 | 1,445 | ||
EPR Properties | 4.950% | 4/15/28 | 4,000 | 3,810 | ||
Equinix Inc. | 1.250% | 7/15/25 | 2,250 | 2,129 | ||
Equinix Inc. | 1.000% | 9/15/25 | 4,840 | 4,527 | ||
Equinix Inc. | 1.450% | 5/15/26 | 3,478 | 3,200 | ||
Equinix Inc. | 2.900% | 11/18/26 | 4,758 | 4,465 | ||
Equinix Inc. | 1.800% | 7/15/27 | 4,821 | 4,325 | ||
Equinix Inc. | 1.550% | 3/15/28 | 3,824 | 3,317 | ||
ERP Operating LP | 3.375% | 6/1/25 | 3,365 | 3,286 | ||
ERP Operating LP | 2.850% | 11/1/26 | 3,833 | 3,630 | ||
ERP Operating LP | 3.250% | 8/1/27 | 1,449 | 1,367 | ||
ERP Operating LP | 4.150% | 12/1/28 | 4,508 | 4,372 | ||
Essex Portfolio LP | 3.500% | 4/1/25 | 4,418 | 4,327 | ||
Essex Portfolio LP | 3.375% | 4/15/26 | 4,095 | 3,945 | ||
Essex Portfolio LP | 3.625% | 5/1/27 | 4,887 | 4,655 | ||
Essex Portfolio LP | 1.700% | 3/1/28 | 2,247 | 1,971 | ||
Essex Portfolio LP | 4.000% | 3/1/29 | 2,800 | 2,670 | ||
Extra Space Storage LP | 3.500% | 7/1/26 | 2,648 | 2,545 | ||
Extra Space Storage LP | 5.700% | 4/1/28 | 4,945 | 5,032 | ||
Extra Space Storage LP | 4.000% | 6/15/29 | 668 | 631 | ||
Federal Realty OP LP | 3.250% | 7/15/27 | 2,711 | 2,545 | ||
Federal Realty OP LP | 5.375% | 5/1/28 | 4,400 | 4,405 |
Coupon | Maturity Date | Face Amount ($000) | Market Value ($000) | |||
GLP Capital LP | 5.250% | 6/1/25 | 6,299 | 6,262 | ||
GLP Capital LP | 5.375% | 4/15/26 | 7,688 | 7,624 | ||
GLP Capital LP | 5.750% | 6/1/28 | 4,000 | 4,006 | ||
GLP Capital LP | 5.300% | 1/15/29 | 4,975 | 4,896 | ||
Healthcare Realty Holdings LP | 3.500% | 8/1/26 | 3,848 | 3,673 | ||
Healthpeak OP LLC | 4.000% | 6/1/25 | 3,456 | 3,391 | ||
Healthpeak OP LLC | 3.250% | 7/15/26 | 3,626 | 3,469 | ||
Healthpeak OP LLC | 2.125% | 12/1/28 | 541 | 476 | ||
Healthpeak OP LLC | 3.500% | 7/15/29 | 3,390 | 3,138 | ||
Highwoods Realty LP | 3.875% | 3/1/27 | 2,917 | 2,757 | ||
Highwoods Realty LP | 4.125% | 3/15/28 | 3,000 | 2,808 | ||
3 | Host Hotels & Resorts LP | 4.000% | 6/15/25 | 1,290 | 1,261 | |
3 | Host Hotels & Resorts LP | 4.500% | 2/1/26 | 3,820 | 3,740 | |
Invitation Homes Operating Partnership LP | 2.300% | 11/15/28 | 3,664 | 3,242 | ||
Kilroy Realty LP | 3.450% | 12/15/24 | 3,779 | 3,707 | ||
Kilroy Realty LP | 4.375% | 10/1/25 | 2,453 | 2,401 | ||
Kilroy Realty LP | 4.750% | 12/15/28 | 1,321 | 1,263 | ||
Kimco Realty OP LLC | 3.850% | 6/1/25 | 2,025 | 1,978 | ||
Kimco Realty OP LLC | 2.800% | 10/1/26 | 4,565 | 4,306 | ||
Kimco Realty OP LLC | 3.800% | 4/1/27 | 2,650 | 2,546 | ||
Kimco Realty OP LLC | 1.900% | 3/1/28 | 2,314 | 2,046 | ||
Kite Realty Group LP | 4.000% | 10/1/26 | 3,253 | 3,100 | ||
LXP Industrial Trust | 6.750% | 11/15/28 | 1,875 | 1,956 | ||
Mid-America Apartments LP | 4.000% | 11/15/25 | 2,274 | 2,229 | ||
Mid-America Apartments LP | 1.100% | 9/15/26 | 1,390 | 1,260 | ||
Mid-America Apartments LP | 3.600% | 6/1/27 | 3,315 | 3,185 | ||
Mid-America Apartments LP | 4.200% | 6/15/28 | 1,853 | 1,806 | ||
NNN REIT Inc. | 4.000% | 11/15/25 | 139 | 136 | ||
NNN REIT Inc. | 3.600% | 12/15/26 | 4,907 | 4,687 | ||
NNN REIT Inc. | 3.500% | 10/15/27 | 700 | 663 | ||
NNN REIT Inc. | 4.300% | 10/15/28 | 2,577 | 2,492 | ||
Omega Healthcare Investors Inc. | 5.250% | 1/15/26 | 4,302 | 4,274 | ||
Omega Healthcare Investors Inc. | 4.750% | 1/15/28 | 5,325 | 5,139 | ||
Piedmont Operating Partnership LP | 9.250% | 7/20/28 | 2,765 | 2,945 | ||
Prologis LP | 3.250% | 10/1/26 | 4,743 | 4,539 | ||
Prologis LP | 2.125% | 4/15/27 | 4,978 | 4,586 | ||
Prologis LP | 3.375% | 12/15/27 | 1,598 | 1,517 | ||
Prologis LP | 4.875% | 6/15/28 | 4,970 | 4,978 | ||
Prologis LP | 3.875% | 9/15/28 | 826 | 795 | ||
Prologis LP | 4.000% | 9/15/28 | 2,970 | 2,870 | ||
Public Storage Operating Co. | 0.875% | 2/15/26 | 1,773 | 1,639 | ||
Public Storage Operating Co. | 1.500% | 11/9/26 | 2,205 | 2,023 | ||
Public Storage Operating Co. | 3.094% | 9/15/27 | 1,904 | 1,802 | ||
Public Storage Operating Co. | 1.850% | 5/1/28 | 1,164 | 1,037 | ||
Public Storage Operating Co. | 1.950% | 11/9/28 | 7,061 | 6,238 | ||
Public Storage Operating Co. | 5.125% | 1/15/29 | 3,000 | 3,052 | ||
Realty Income Corp. | 3.875% | 4/15/25 | 2,582 | 2,540 | ||
Realty Income Corp. | 4.625% | 11/1/25 | 4,845 | 4,798 | ||
Realty Income Corp. | 0.750% | 3/15/26 | 4,739 | 4,347 | ||
Realty Income Corp. | 4.875% | 6/1/26 | 3,776 | 3,751 | ||
Realty Income Corp. | 4.125% | 10/15/26 | 4,887 | 4,773 | ||
Realty Income Corp. | 3.000% | 1/15/27 | 4,714 | 4,457 | ||
Realty Income Corp. | 3.200% | 1/15/27 | 1,942 | 1,836 | ||
Realty Income Corp. | 3.950% | 8/15/27 | 4,713 | 4,569 | ||
Realty Income Corp. | 3.400% | 1/15/28 | 4,786 | 4,517 | ||
Realty Income Corp. | 3.650% | 1/15/28 | 4,760 | 4,535 | ||
Realty Income Corp. | 2.100% | 3/15/28 | 1,539 | 1,378 | ||
Realty Income Corp. | 2.200% | 6/15/28 | 3,529 | 3,153 |
Coupon | Maturity Date | Face Amount ($000) | Market Value ($000) | |||
Realty Income Corp. | 4.750% | 2/15/29 | 3,700 | 3,657 | ||
Regency Centers LP | 3.600% | 2/1/27 | 4,060 | 3,908 | ||
Regency Centers LP | 4.125% | 3/15/28 | 1,644 | 1,585 | ||
Rexford Industrial Realty LP | 5.000% | 6/15/28 | 1,300 | 1,291 | ||
Sabra Health Care LP | 5.125% | 8/15/26 | 4,822 | 4,781 | ||
Simon Property Group LP | 3.500% | 9/1/25 | 6,041 | 5,899 | ||
Simon Property Group LP | 3.300% | 1/15/26 | 4,439 | 4,293 | ||
Simon Property Group LP | 3.250% | 11/30/26 | 1,573 | 1,504 | ||
Simon Property Group LP | 3.375% | 6/15/27 | 4,025 | 3,840 | ||
Simon Property Group LP | 3.375% | 12/1/27 | 3,747 | 3,550 | ||
Simon Property Group LP | 1.750% | 2/1/28 | 4,670 | 4,162 | ||
SITE Centers Corp. | 3.625% | 2/1/25 | 2,757 | 2,716 | ||
SITE Centers Corp. | 4.700% | 6/1/27 | 4,945 | 4,873 | ||
Store Capital LLC | 4.500% | 3/15/28 | 2,550 | 2,414 | ||
Sun Communities Operating LP | 2.300% | 11/1/28 | 2,840 | 2,482 | ||
Sun Communities Operating LP | 5.500% | 1/15/29 | 3,900 | 3,893 | ||
Tanger Properties LP | 3.125% | 9/1/26 | 3,446 | 3,230 | ||
Tanger Properties LP | 3.875% | 7/15/27 | 2,476 | 2,291 | ||
3 | UDR Inc. | 2.950% | 9/1/26 | 2,672 | 2,523 | |
3 | UDR Inc. | 4.400% | 1/26/29 | 3,449 | 3,334 | |
Ventas Realty LP | 3.250% | 10/15/26 | 3,502 | 3,315 | ||
Ventas Realty LP | 3.850% | 4/1/27 | 1,059 | 1,016 | ||
Ventas Realty LP | 4.000% | 3/1/28 | 2,450 | 2,336 | ||
Ventas Realty LP | 4.400% | 1/15/29 | 5,783 | 5,566 | ||
VICI Properties LP | 4.375% | 5/15/25 | 4,565 | 4,491 | ||
VICI Properties LP | 4.750% | 2/15/28 | 8,820 | 8,607 | ||
Welltower OP LLC | 4.000% | 6/1/25 | 13,364 | 13,136 | ||
Welltower OP LLC | 4.250% | 4/15/28 | 4,515 | 4,381 | ||
Welltower OP LLC | 4.125% | 3/15/29 | 3,597 | 3,443 | ||
Weyerhaeuser Co. | 4.750% | 5/15/26 | 2,619 | 2,594 | ||
WP Carey Inc. | 4.250% | 10/1/26 | 2,355 | 2,303 | ||
598,424 | ||||||
Technology (2.1%) | ||||||
Adobe Inc. | 2.150% | 2/1/27 | 9,003 | 8,405 | ||
Analog Devices Inc. | 2.950% | 4/1/25 | 705 | 689 | ||
Analog Devices Inc. | 3.500% | 12/5/26 | 8,769 | 8,471 | ||
Analog Devices Inc. | 3.450% | 6/15/27 | 4,363 | 4,171 | ||
Apple Inc. | 1.125% | 5/11/25 | 21,457 | 20,544 | ||
Apple Inc. | 3.200% | 5/13/25 | 10,393 | 10,181 | ||
Apple Inc. | 0.550% | 8/20/25 | 4,237 | 3,990 | ||
Apple Inc. | 0.700% | 2/8/26 | 9,867 | 9,155 | ||
Apple Inc. | 3.250% | 2/23/26 | 22,709 | 22,076 | ||
Apple Inc. | 2.450% | 8/4/26 | 20,555 | 19,522 | ||
Apple Inc. | 2.050% | 9/11/26 | 8,941 | 8,391 | ||
Apple Inc. | 3.350% | 2/9/27 | 14,195 | 13,710 | ||
Apple Inc. | 3.200% | 5/11/27 | 15,902 | 15,225 | ||
Apple Inc. | 3.000% | 6/20/27 | 5,599 | 5,334 | ||
Apple Inc. | 3.000% | 11/13/27 | 9,760 | 9,271 | ||
Apple Inc. | 1.200% | 2/8/28 | 19,255 | 17,015 | ||
Apple Inc. | 4.000% | 5/10/28 | 22,750 | 22,393 | ||
Apple Inc. | 1.400% | 8/5/28 | 2,284 | 2,008 | ||
Applied Materials Inc. | 3.900% | 10/1/25 | 4,853 | 4,775 | ||
Applied Materials Inc. | 3.300% | 4/1/27 | 8,780 | 8,439 | ||
Arrow Electronics Inc. | 4.000% | 4/1/25 | 2,538 | 2,493 | ||
Arrow Electronics Inc. | 3.875% | 1/12/28 | 4,184 | 3,969 | ||
Autodesk Inc. | 4.375% | 6/15/25 | 2,636 | 2,610 | ||
Autodesk Inc. | 3.500% | 6/15/27 | 4,360 | 4,172 | ||
Automatic Data Processing Inc. | 3.375% | 9/15/25 | 5,137 | 5,024 |
Coupon | Maturity Date | Face Amount ($000) | Market Value ($000) | |||
Automatic Data Processing Inc. | 1.700% | 5/15/28 | 5,323 | 4,765 | ||
Avnet Inc. | 4.625% | 4/15/26 | 4,520 | 4,446 | ||
Avnet Inc. | 6.250% | 3/15/28 | 3,850 | 3,946 | ||
Block Financial LLC | 5.250% | 10/1/25 | 1,422 | 1,416 | ||
Broadcom Corp. | 3.875% | 1/15/27 | 17,285 | 16,744 | ||
Broadcom Corp. | 3.500% | 1/15/28 | 5,652 | 5,349 | ||
Broadcom Inc. | 3.150% | 11/15/25 | 6,626 | 6,411 | ||
Broadcom Inc. | 3.459% | 9/15/26 | 8,235 | 7,922 | ||
Broadcom Inc. | 4.110% | 9/15/28 | 4,151 | 4,009 | ||
Broadcom Inc. | 4.750% | 4/15/29 | 5,925 | 5,849 | ||
Broadridge Financial Solutions Inc. | 3.400% | 6/27/26 | 4,470 | 4,294 | ||
CDW LLC | 4.125% | 5/1/25 | 3,480 | 3,419 | ||
CDW LLC | 2.670% | 12/1/26 | 5,485 | 5,104 | ||
CDW LLC | 3.250% | 2/15/29 | 6,805 | 6,168 | ||
CGI Inc. | 1.450% | 9/14/26 | 4,423 | 4,026 | ||
Cintas Corp. No. 2 | 3.700% | 4/1/27 | 8,888 | 8,632 | ||
Cisco Systems Inc. | 2.950% | 2/28/26 | 5,087 | 4,910 | ||
Cisco Systems Inc. | 2.500% | 9/20/26 | 9,076 | 8,596 | ||
Cisco Systems Inc. | 4.800% | 2/26/27 | 11,000 | 11,020 | ||
Cisco Systems Inc. | 4.850% | 2/26/29 | 18,525 | 18,666 | ||
Concentrix Corp. | 6.650% | 8/2/26 | 7,165 | 7,218 | ||
Concentrix Corp. | 6.600% | 8/2/28 | 5,625 | 5,688 | ||
Dell International LLC | 5.850% | 7/15/25 | 7,290 | 7,326 | ||
Dell International LLC | 6.020% | 6/15/26 | 16,023 | 16,231 | ||
Dell International LLC | 4.900% | 10/1/26 | 7,909 | 7,855 | ||
Dell International LLC | 6.100% | 7/15/27 | 3,950 | 4,066 | ||
Dell International LLC | 5.250% | 2/1/28 | 7,785 | 7,879 | ||
DXC Technology Co. | 1.800% | 9/15/26 | 2,231 | 2,032 | ||
DXC Technology Co. | 2.375% | 9/15/28 | 4,200 | 3,649 | ||
Equifax Inc. | 2.600% | 12/15/25 | 5,335 | 5,092 | ||
Equifax Inc. | 5.100% | 12/15/27 | 3,332 | 3,329 | ||
Equifax Inc. | 5.100% | 6/1/28 | 9,335 | 9,350 | ||
Fidelity National Information Services Inc. | 1.150% | 3/1/26 | 12,577 | 11,640 | ||
Fidelity National Information Services Inc. | 1.650% | 3/1/28 | 3,225 | 2,843 | ||
Fiserv Inc. | 3.850% | 6/1/25 | 4,555 | 4,467 | ||
Fiserv Inc. | 3.200% | 7/1/26 | 17,000 | 16,292 | ||
Fiserv Inc. | 2.250% | 6/1/27 | 3,651 | 3,354 | ||
Fiserv Inc. | 5.450% | 3/2/28 | 7,350 | 7,442 | ||
Fiserv Inc. | 5.375% | 8/21/28 | 1,764 | 1,782 | ||
Fiserv Inc. | 4.200% | 10/1/28 | 5,961 | 5,753 | ||
Flex Ltd. | 4.750% | 6/15/25 | 1,777 | 1,758 | ||
Flex Ltd. | 3.750% | 2/1/26 | 3,800 | 3,686 | ||
Fortinet Inc. | 1.000% | 3/15/26 | 3,100 | 2,852 | ||
Global Payments Inc. | 1.200% | 3/1/26 | 4,663 | 4,315 | ||
Global Payments Inc. | 4.800% | 4/1/26 | 5,472 | 5,414 | ||
Global Payments Inc. | 2.150% | 1/15/27 | 4,714 | 4,348 | ||
Global Payments Inc. | 4.950% | 8/15/27 | 2,249 | 2,232 | ||
Harman International Industries Inc. | 4.150% | 5/15/25 | 3,372 | 3,323 | ||
Hewlett Packard Enterprise Co. | 4.900% | 10/15/25 | 11,378 | 11,303 | ||
Hewlett Packard Enterprise Co. | 1.750% | 4/1/26 | 4,525 | 4,225 | ||
Hewlett Packard Enterprise Co. | 5.250% | 7/1/28 | 7,115 | 7,176 | ||
HP Inc. | 2.200% | 6/17/25 | 7,534 | 7,248 | ||
HP Inc. | 1.450% | 6/17/26 | 3,401 | 3,139 | ||
HP Inc. | 3.000% | 6/17/27 | 9,042 | 8,500 | ||
HP Inc. | 4.750% | 1/15/28 | 13,550 | 13,466 | ||
Hubbell Inc. | 3.350% | 3/1/26 | 2,557 | 2,471 | ||
IBM International Capital Pte. Ltd. | 4.600% | 2/5/29 | 8,500 | 8,383 | ||
Intel Corp. | 3.700% | 7/29/25 | 19,900 | 19,506 |
Coupon | Maturity Date | Face Amount ($000) | Market Value ($000) | |||
Intel Corp. | 2.600% | 5/19/26 | 5,499 | 5,235 | ||
Intel Corp. | 3.750% | 3/25/27 | 10,146 | 9,850 | ||
Intel Corp. | 3.150% | 5/11/27 | 4,216 | 4,006 | ||
Intel Corp. | 3.750% | 8/5/27 | 9,260 | 8,951 | ||
Intel Corp. | 4.875% | 2/10/28 | 19,314 | 19,369 | ||
Intel Corp. | 1.600% | 8/12/28 | 2,800 | 2,456 | ||
International Business Machines Corp. | 7.000% | 10/30/25 | 7,165 | 7,383 | ||
International Business Machines Corp. | 3.450% | 2/19/26 | 6,245 | 6,072 | ||
International Business Machines Corp. | 3.300% | 5/15/26 | 15,541 | 14,993 | ||
International Business Machines Corp. | 3.300% | 1/27/27 | 3,298 | 3,165 | ||
International Business Machines Corp. | 1.700% | 5/15/27 | 8,939 | 8,112 | ||
International Business Machines Corp. | 6.220% | 8/1/27 | 3,495 | 3,649 | ||
International Business Machines Corp. | 4.500% | 2/6/28 | 10,135 | 10,042 | ||
Intuit Inc. | 0.950% | 7/15/25 | 3,088 | 2,926 | ||
Intuit Inc. | 5.125% | 9/15/28 | 4,800 | 4,886 | ||
Jabil Inc. | 4.250% | 5/15/27 | 4,270 | 4,140 | ||
Jabil Inc. | 5.450% | 2/1/29 | 2,000 | 2,011 | ||
Juniper Networks Inc. | 1.200% | 12/10/25 | 3,136 | 2,910 | ||
KLA Corp. | 4.100% | 3/15/29 | 2,640 | 2,579 | ||
Kyndryl Holdings Inc. | 2.050% | 10/15/26 | 4,678 | 4,285 | ||
Kyndryl Holdings Inc. | 2.700% | 10/15/28 | 2,221 | 1,968 | ||
Lam Research Corp. | 3.750% | 3/15/26 | 9,112 | 8,903 | ||
Lam Research Corp. | 4.000% | 3/15/29 | 5,900 | 5,723 | ||
Leidos Inc. | 3.625% | 5/15/25 | 4,502 | 4,401 | ||
Marvell Technology Inc. | 1.650% | 4/15/26 | 2,658 | 2,473 | ||
Marvell Technology Inc. | 2.450% | 4/15/28 | 4,900 | 4,417 | ||
3 | Marvell Technology Inc. | 4.875% | 6/22/28 | 3,300 | 3,258 | |
Marvell Technology Inc. | 5.750% | 2/15/29 | 2,500 | 2,561 | ||
Microchip Technology Inc. | 4.250% | 9/1/25 | 8,626 | 8,489 | ||
Microchip Technology Inc. | 5.050% | 3/15/29 | 5,870 | 5,874 | ||
Micron Technology Inc. | 4.975% | 2/6/26 | 70 | 70 | ||
Micron Technology Inc. | 4.185% | 2/15/27 | 9,112 | 8,881 | ||
Micron Technology Inc. | 5.375% | 4/15/28 | 5,400 | 5,452 | ||
Microsoft Corp. | 3.125% | 11/3/25 | 24,550 | 23,922 | ||
Microsoft Corp. | 2.400% | 8/8/26 | 14,705 | 13,954 | ||
5 | Microsoft Corp. | 3.400% | 9/15/26 | 8,292 | 8,030 | |
Microsoft Corp. | 3.300% | 2/6/27 | 25,687 | 24,895 | ||
Moody's Corp. | 4.250% | 2/1/29 | 1,073 | 1,046 | ||
Motorola Solutions Inc. | 4.600% | 2/23/28 | 4,834 | 4,768 | ||
NetApp Inc. | 1.875% | 6/22/25 | 5,576 | 5,333 | ||
NetApp Inc. | 2.375% | 6/22/27 | 2,065 | 1,898 | ||
Nokia OYJ | 4.375% | 6/12/27 | 3,615 | 3,482 | ||
Nordson Corp. | 5.600% | 9/15/28 | 1,990 | 2,029 | ||
NVIDIA Corp. | 3.200% | 9/16/26 | 7,912 | 7,639 | ||
NXP BV | 2.700% | 5/1/25 | 4,542 | 4,409 | ||
NXP BV | 5.350% | 3/1/26 | 3,808 | 3,809 | ||
NXP BV | 3.875% | 6/18/26 | 4,784 | 4,643 | ||
NXP BV | 3.150% | 5/1/27 | 5,673 | 5,361 | ||
NXP BV | 4.400% | 6/1/27 | 3,120 | 3,060 | ||
Oracle Corp. | 2.500% | 4/1/25 | 25,857 | 25,079 | ||
Oracle Corp. | 2.950% | 5/15/25 | 9,062 | 8,824 | ||
Oracle Corp. | 1.650% | 3/25/26 | 25,962 | 24,235 | ||
Oracle Corp. | 2.650% | 7/15/26 | 22,849 | 21,628 | ||
Oracle Corp. | 2.800% | 4/1/27 | 20,383 | 19,121 | ||
Oracle Corp. | 2.300% | 3/25/28 | 18,565 | 16,758 | ||
PayPal Holdings Inc. | 1.650% | 6/1/25 | 7,140 | 6,851 | ||
PayPal Holdings Inc. | 2.650% | 10/1/26 | 7,890 | 7,450 | ||
PayPal Holdings Inc. | 3.900% | 6/1/27 | 579 | 563 |
Coupon | Maturity Date | Face Amount ($000) | Market Value ($000) | |||
QUALCOMM Inc. | 3.450% | 5/20/25 | 5,530 | 5,427 | ||
QUALCOMM Inc. | 3.250% | 5/20/27 | 16,816 | 16,115 | ||
RELX Capital Inc. | 4.000% | 3/18/29 | 5,580 | 5,357 | ||
Roper Technologies Inc. | 1.000% | 9/15/25 | 4,754 | 4,471 | ||
Roper Technologies Inc. | 3.850% | 12/15/25 | 1,825 | 1,786 | ||
Roper Technologies Inc. | 3.800% | 12/15/26 | 1,624 | 1,574 | ||
Roper Technologies Inc. | 4.200% | 9/15/28 | 5,300 | 5,148 | ||
S&P Global Inc. | 2.950% | 1/22/27 | 4,029 | 3,826 | ||
S&P Global Inc. | 2.450% | 3/1/27 | 7,158 | 6,701 | ||
S&P Global Inc. | 4.750% | 8/1/28 | 4,600 | 4,594 | ||
S&P Global Inc. | 2.700% | 3/1/29 | 7,200 | 6,543 | ||
Salesforce Inc. | 3.700% | 4/11/28 | 7,063 | 6,852 | ||
Salesforce Inc. | 1.500% | 7/15/28 | 5,019 | 4,416 | ||
Skyworks Solutions Inc. | 1.800% | 6/1/26 | 5,068 | 4,703 | ||
TD SYNNEX Corp. | 1.750% | 8/9/26 | 4,627 | 4,229 | ||
Texas Instruments Inc. | 1.125% | 9/15/26 | 3,660 | 3,346 | ||
Texas Instruments Inc. | 4.600% | 2/15/28 | 3,980 | 3,983 | ||
TSMC Arizona Corp. | 1.750% | 10/25/26 | 4,410 | 4,061 | ||
TSMC Arizona Corp. | 3.875% | 4/22/27 | 7,440 | 7,218 | ||
Verisk Analytics Inc. | 4.000% | 6/15/25 | 4,907 | 4,819 | ||
Verisk Analytics Inc. | 4.125% | 3/15/29 | 3,520 | 3,388 | ||
VMware LLC | 4.500% | 5/15/25 | 8,982 | 8,894 | ||
VMware LLC | 1.400% | 8/15/26 | 13,768 | 12,573 | ||
VMware LLC | 4.650% | 5/15/27 | 4,980 | 4,897 | ||
VMware LLC | 3.900% | 8/21/27 | 9,792 | 9,382 | ||
VMware LLC | 1.800% | 8/15/28 | 3,228 | 2,813 | ||
Workday Inc. | 3.500% | 4/1/27 | 8,161 | 7,813 | ||
1,207,564 | ||||||
Utilities (1.7%) | ||||||
AEP Transmission Co. LLC | 3.100% | 12/1/26 | 4,836 | 4,599 | ||
AES Corp. | 1.375% | 1/15/26 | 4,223 | 3,910 | ||
AES Corp. | 5.450% | 6/1/28 | 7,000 | 6,987 | ||
Alabama Power Co. | 3.750% | 9/1/27 | 4,196 | 4,041 | ||
Algonquin Power & Utilities Corp. | 5.365% | 6/15/26 | 4,000 | 3,978 | ||
Ameren Corp. | 3.650% | 2/15/26 | 4,120 | 3,986 | ||
Ameren Corp. | 5.700% | 12/1/26 | 1,710 | 1,733 | ||
Ameren Corp. | 1.950% | 3/15/27 | 1,890 | 1,739 | ||
Ameren Corp. | 1.750% | 3/15/28 | 4,066 | 3,588 | ||
3 | American Electric Power Co. Inc. | 1.000% | 11/1/25 | 1,747 | 1,629 | |
American Electric Power Co. Inc. | 5.750% | 11/1/27 | 2,201 | 2,250 | ||
3 | American Electric Power Co. Inc. | 4.300% | 12/1/28 | 5,000 | 4,835 | |
American Electric Power Co. Inc. | 5.200% | 1/15/29 | 5,080 | 5,091 | ||
American Electric Power Co. Inc. | 3.875% | 2/15/62 | 5,105 | 4,616 | ||
American Water Capital Corp. | 2.950% | 9/1/27 | 6,163 | 5,764 | ||
American Water Capital Corp. | 3.750% | 9/1/28 | 4,000 | 3,821 | ||
Appalachian Power Co. | 3.400% | 6/1/25 | 2,011 | 1,961 | ||
3 | Appalachian Power Co. | 3.300% | 6/1/27 | 1,059 | 1,001 | |
Arizona Public Service Co. | 3.150% | 5/15/25 | 2,282 | 2,220 | ||
Atmos Energy Corp. | 3.000% | 6/15/27 | 4,268 | 4,026 | ||
Avangrid Inc. | 3.200% | 4/15/25 | 3,857 | 3,759 | ||
Baltimore Gas & Electric Co. | 2.400% | 8/15/26 | 2,475 | 2,335 | ||
Berkshire Hathaway Energy Co. | 4.050% | 4/15/25 | 4,794 | 4,731 | ||
Berkshire Hathaway Energy Co. | 3.250% | 4/15/28 | 4,768 | 4,498 | ||
Black Hills Corp. | 3.950% | 1/15/26 | 4,310 | 4,198 | ||
Black Hills Corp. | 3.150% | 1/15/27 | 4,000 | 3,782 | ||
Black Hills Corp. | 5.950% | 3/15/28 | 2,500 | 2,579 | ||
3 | CenterPoint Energy Houston Electric LLC | 2.400% | 9/1/26 | 2,350 | 2,216 | |
3 | CenterPoint Energy Houston Electric LLC | 3.000% | 2/1/27 | 3,630 | 3,451 |
Coupon | Maturity Date | Face Amount ($000) | Market Value ($000) | |||
CenterPoint Energy Houston Electric LLC | 5.200% | 10/1/28 | 5,141 | 5,231 | ||
CenterPoint Energy Inc. | 1.450% | 6/1/26 | 1,363 | 1,259 | ||
CenterPoint Energy Inc. | 5.250% | 8/10/26 | 2,000 | 2,004 | ||
CenterPoint Energy Resources Corp. | 5.250% | 3/1/28 | 12,793 | 12,923 | ||
Cleco Corporate Holdings LLC | 3.743% | 5/1/26 | 4,440 | 4,273 | ||
CMS Energy Corp. | 3.000% | 5/15/26 | 3,865 | 3,685 | ||
Commonwealth Edison Co. | 2.550% | 6/15/26 | 4,187 | 3,974 | ||
3 | Connecticut Light & Power Co. | 0.750% | 12/1/25 | 6,773 | 6,309 | |
3 | Connecticut Light & Power Co. | 3.200% | 3/15/27 | 4,387 | 4,189 | |
3 | Consolidated Edison Co. of New York Inc. | 4.000% | 12/1/28 | 7,761 | 7,558 | |
Constellation Energy Generation LLC | 3.250% | 6/1/25 | 7,859 | 7,680 | ||
Constellation Energy Generation LLC | 5.600% | 3/1/28 | 2,721 | 2,772 | ||
Consumers Energy Co. | 4.650% | 3/1/28 | 5,901 | 5,867 | ||
Consumers Energy Co. | 4.900% | 2/15/29 | 3,600 | 3,611 | ||
Consumers Energy Co. | 4.600% | 5/30/29 | 5,000 | 4,943 | ||
Dominion Energy Inc. | 3.900% | 10/1/25 | 8,561 | 8,372 | ||
3 | Dominion Energy Inc. | 1.450% | 4/15/26 | 5,512 | 5,104 | |
3 | Dominion Energy Inc. | 2.850% | 8/15/26 | 6,359 | 6,009 | |
3 | Dominion Energy Inc. | 3.600% | 3/15/27 | 1,455 | 1,396 | |
DTE Electric Co. | 4.850% | 12/1/26 | 2,900 | 2,899 | ||
3 | DTE Energy Co. | 1.050% | 6/1/25 | 5,870 | 5,574 | |
DTE Energy Co. | 2.850% | 10/1/26 | 4,634 | 4,383 | ||
DTE Energy Co. | 4.875% | 6/1/28 | 3,050 | 3,018 | ||
DTE Energy Co. | 5.100% | 3/1/29 | 2,900 | 2,889 | ||
Duke Energy Carolinas LLC | 2.950% | 12/1/26 | 6,018 | 5,732 | ||
Duke Energy Carolinas LLC | 2.450% | 8/15/29 | 7,500 | 6,646 | ||
Duke Energy Corp. | 0.900% | 9/15/25 | 2,534 | 2,379 | ||
Duke Energy Corp. | 5.000% | 12/8/25 | 2,275 | 2,268 | ||
Duke Energy Corp. | 2.650% | 9/1/26 | 4,125 | 3,893 | ||
Duke Energy Corp. | 5.000% | 12/8/27 | 7,375 | 7,365 | ||
Duke Energy Corp. | 4.300% | 3/15/28 | 5,165 | 5,045 | ||
Duke Energy Corp. | 3.250% | 1/15/82 | 2,082 | 1,856 | ||
Duke Energy Florida LLC | 3.200% | 1/15/27 | 6,065 | 5,791 | ||
Duke Energy Progress LLC | 3.700% | 9/1/28 | 3,625 | 3,468 | ||
Duke Energy Progress LLC | 3.450% | 3/15/29 | 5,500 | 5,174 | ||
Edison International | 4.950% | 4/15/25 | 2,408 | 2,387 | ||
Edison International | 5.250% | 11/15/28 | 5,080 | 5,069 | ||
Emera US Finance LP | 3.550% | 6/15/26 | 5,067 | 4,862 | ||
Enel Americas SA | 4.000% | 10/25/26 | 4,712 | 4,515 | ||
Enel Chile SA | 4.875% | 6/12/28 | 6,850 | 6,672 | ||
Entergy Arkansas LLC | 3.500% | 4/1/26 | 3,466 | 3,366 | ||
Entergy Corp. | 0.900% | 9/15/25 | 4,865 | 4,562 | ||
Entergy Corp. | 2.950% | 9/1/26 | 8,604 | 8,173 | ||
Entergy Louisiana LLC | 2.400% | 10/1/26 | 4,902 | 4,592 | ||
Entergy Texas Inc. | 4.000% | 3/30/29 | 1,750 | 1,677 | ||
Evergy Kansas Central Inc. | 2.550% | 7/1/26 | 1,838 | 1,743 | ||
Evergy Kansas Central Inc. | 3.100% | 4/1/27 | 4,712 | 4,481 | ||
3 | Eversource Energy | 1.400% | 8/15/26 | 3,330 | 3,035 | |
Eversource Energy | 4.600% | 7/1/27 | 4,690 | 4,613 | ||
3 | Eversource Energy | 3.300% | 1/15/28 | 2,750 | 2,570 | |
Eversource Energy | 5.450% | 3/1/28 | 17,435 | 17,650 | ||
Eversource Energy | 5.950% | 2/1/29 | 3,030 | 3,127 | ||
3 | Exelon Corp. | 3.950% | 6/15/25 | 10,021 | 9,836 | |
Exelon Corp. | 3.400% | 4/15/26 | 6,257 | 6,050 | ||
Exelon Corp. | 2.750% | 3/15/27 | 6,251 | 5,852 | ||
Exelon Corp. | 5.150% | 3/15/28 | 5,870 | 5,885 | ||
Exelon Corp. | 5.150% | 3/15/29 | 3,000 | 3,008 | ||
Florida Power & Light Co. | 2.850% | 4/1/25 | 3,583 | 3,497 |
Coupon | Maturity Date | Face Amount ($000) | Market Value ($000) | |||
Florida Power & Light Co. | 3.125% | 12/1/25 | 5,545 | 5,384 | ||
Florida Power & Light Co. | 4.450% | 5/15/26 | 4,115 | 4,076 | ||
Florida Power & Light Co. | 5.050% | 4/1/28 | 11,204 | 11,332 | ||
Florida Power & Light Co. | 4.400% | 5/15/28 | 15,290 | 15,125 | ||
Fortis Inc. | 3.055% | 10/4/26 | 5,107 | 4,835 | ||
Georgia Power Co. | 5.004% | 2/23/27 | 3,000 | 3,004 | ||
Georgia Power Co. | 3.250% | 3/30/27 | 4,533 | 4,319 | ||
Georgia Power Co. | 4.650% | 5/16/28 | 12,390 | 12,267 | ||
Interstate Power & Light Co. | 4.100% | 9/26/28 | 4,000 | 3,841 | ||
ITC Holdings Corp. | 3.250% | 6/30/26 | 2,947 | 2,823 | ||
3 | Louisville Gas & Electric Co. | 3.300% | 10/1/25 | 509 | 495 | |
Mississippi Power Co. | 3.950% | 3/30/28 | 2,250 | 2,162 | ||
National Fuel Gas Co. | 5.200% | 7/15/25 | 2,448 | 2,435 | ||
National Fuel Gas Co. | 5.500% | 1/15/26 | 5,257 | 5,244 | ||
National Fuel Gas Co. | 5.500% | 10/1/26 | 1,925 | 1,925 | ||
National Fuel Gas Co. | 4.750% | 9/1/28 | 2,000 | 1,945 | ||
National Grid plc | 5.602% | 6/12/28 | 4,050 | 4,129 | ||
3 | National Rural Utilities Cooperative Finance Corp. | 3.450% | 6/15/25 | 2,606 | 2,550 | |
National Rural Utilities Cooperative Finance Corp. | 5.450% | 10/30/25 | 4,656 | 4,672 | ||
3 | National Rural Utilities Cooperative Finance Corp. | 3.250% | 11/1/25 | 4,243 | 4,117 | |
3 | National Rural Utilities Cooperative Finance Corp. | 1.000% | 6/15/26 | 3,708 | 3,397 | |
3 | National Rural Utilities Cooperative Finance Corp. | 4.800% | 2/5/27 | 1,800 | 1,801 | |
National Rural Utilities Cooperative Finance Corp. | 3.050% | 4/25/27 | 5,545 | 5,252 | ||
National Rural Utilities Cooperative Finance Corp. | 3.400% | 2/7/28 | 4,324 | 4,097 | ||
National Rural Utilities Cooperative Finance Corp. | 4.800% | 3/15/28 | 3,925 | 3,921 | ||
3 | National Rural Utilities Cooperative Finance Corp. | 5.050% | 9/15/28 | 5,250 | 5,281 | |
3 | National Rural Utilities Cooperative Finance Corp. | 4.850% | 2/7/29 | 3,840 | 3,838 | |
3 | National Rural Utilities Cooperative Finance Corp. | 5.250% | 4/20/46 | 3,150 | 3,072 | |
NextEra Energy Capital Holdings Inc. | 4.450% | 6/20/25 | 3,606 | 3,563 | ||
NextEra Energy Capital Holdings Inc. | 5.749% | 9/1/25 | 5,905 | 5,931 | ||
NextEra Energy Capital Holdings Inc. | 1.875% | 1/15/27 | 9,966 | 9,125 | ||
NextEra Energy Capital Holdings Inc. | 3.550% | 5/1/27 | 13,090 | 12,490 | ||
NextEra Energy Capital Holdings Inc. | 4.625% | 7/15/27 | 11,175 | 11,029 | ||
NextEra Energy Capital Holdings Inc. | 4.900% | 2/28/28 | 8,725 | 8,696 | ||
NextEra Energy Capital Holdings Inc. | 1.900% | 6/15/28 | 5,895 | 5,222 | ||
NextEra Energy Capital Holdings Inc. | 6.700% | 9/1/54 | 2,500 | 2,512 | ||
NextEra Energy Capital Holdings Inc. | 3.800% | 3/15/82 | 4,865 | 4,422 | ||
NiSource Inc. | 0.950% | 8/15/25 | 6,626 | 6,236 | ||
NiSource Inc. | 3.490% | 5/15/27 | 9,268 | 8,839 | ||
NiSource Inc. | 5.250% | 3/30/28 | 7,005 | 7,057 | ||
NSTAR Electric Co. | 3.200% | 5/15/27 | 3,880 | 3,704 | ||
Oncor Electric Delivery Co. LLC | 2.950% | 4/1/25 | 1,457 | 1,424 | ||
Oncor Electric Delivery Co. LLC | 0.550% | 10/1/25 | 3,125 | 2,925 | ||
Oncor Electric Delivery Co. LLC | 4.300% | 5/15/28 | 7,500 | 7,338 | ||
ONE Gas Inc. | 5.100% | 4/1/29 | 1,500 | 1,512 | ||
Pacific Gas & Electric Co. | 3.500% | 6/15/25 | 9,311 | 9,067 | ||
Pacific Gas & Electric Co. | 3.450% | 7/1/25 | 10,397 | 10,115 | ||
Pacific Gas & Electric Co. | 3.150% | 1/1/26 | 17,485 | 16,810 |
Coupon | Maturity Date | Face Amount ($000) | Market Value ($000) | |||
Pacific Gas & Electric Co. | 2.950% | 3/1/26 | 2,435 | 2,325 | ||
Pacific Gas & Electric Co. | 2.100% | 8/1/27 | 5,125 | 4,614 | ||
Pacific Gas & Electric Co. | 3.300% | 12/1/27 | 4,915 | 4,565 | ||
Pacific Gas & Electric Co. | 3.750% | 7/1/28 | 4,495 | 4,207 | ||
Pacific Gas & Electric Co. | 6.100% | 1/15/29 | 6,409 | 6,601 | ||
Pacific Gas & Electric Co. | 5.550% | 5/15/29 | 5,000 | 5,043 | ||
PECO Energy Co. | 3.150% | 10/15/25 | 3,211 | 3,125 | ||
Pinnacle West Capital Corp. | 1.300% | 6/15/25 | 4,850 | 4,600 | ||
PPL Capital Funding Inc. | 3.100% | 5/15/26 | 4,960 | 4,742 | ||
3 | Public Service Electric & Gas Co. | 3.000% | 5/15/25 | 2,707 | 2,642 | |
3 | Public Service Electric & Gas Co. | 0.950% | 3/15/26 | 1,024 | 950 | |
3 | Public Service Electric & Gas Co. | 3.000% | 5/15/27 | 2,032 | 1,922 | |
3 | Public Service Electric & Gas Co. | 3.650% | 9/1/28 | 4,000 | 3,821 | |
Public Service Enterprise Group Inc. | 0.800% | 8/15/25 | 7,972 | 7,491 | ||
Public Service Enterprise Group Inc. | 5.850% | 11/15/27 | 3,680 | 3,769 | ||
Public Service Enterprise Group Inc. | 5.875% | 10/15/28 | 4,050 | 4,171 | ||
Public Service Enterprise Group Inc. | 5.200% | 4/1/29 | 3,700 | 3,701 | ||
Puget Energy Inc. | 3.650% | 5/15/25 | 4,880 | 4,763 | ||
Puget Energy Inc. | 2.379% | 6/15/28 | 2,963 | 2,642 | ||
San Diego Gas & Electric Co. | 2.500% | 5/15/26 | 4,102 | 3,899 | ||
San Diego Gas & Electric Co. | 4.950% | 8/15/28 | 3,617 | 3,631 | ||
Sempra | 3.300% | 4/1/25 | 4,835 | 4,729 | ||
Sempra | 3.250% | 6/15/27 | 4,523 | 4,261 | ||
Sempra | 3.400% | 2/1/28 | 3,958 | 3,740 | ||
Sempra | 4.125% | 4/1/52 | 4,990 | 4,603 | ||
Sierra Pacific Power Co. | 2.600% | 5/1/26 | 6,344 | 6,026 | ||
3 | Southern California Edison Co. | 3.700% | 8/1/25 | 10,137 | 9,913 | |
3 | Southern California Edison Co. | 1.200% | 2/1/26 | 3,125 | 2,903 | |
Southern California Edison Co. | 5.350% | 3/1/26 | 4,500 | 4,507 | ||
Southern California Edison Co. | 4.875% | 2/1/27 | 2,500 | 2,492 | ||
Southern California Edison Co. | 5.850% | 11/1/27 | 4,813 | 4,938 | ||
Southern California Edison Co. | 5.300% | 3/1/28 | 8,304 | 8,397 | ||
Southern California Edison Co. | 5.650% | 10/1/28 | 5,044 | 5,191 | ||
Southern California Edison Co. | 5.150% | 6/1/29 | 5,000 | 5,017 | ||
Southern California Gas Co. | 3.200% | 6/15/25 | 3,765 | 3,682 | ||
3 | Southern California Gas Co. | 2.600% | 6/15/26 | 4,995 | 4,741 | |
Southern California Gas Co. | 2.950% | 4/15/27 | 5,595 | 5,277 | ||
Southern Co. | 5.150% | 10/6/25 | 1,987 | 1,984 | ||
Southern Co. | 3.250% | 7/1/26 | 11,647 | 11,196 | ||
Southern Co. | 4.850% | 6/15/28 | 3,975 | 3,956 | ||
Southern Co. | 5.500% | 3/15/29 | 5,700 | 5,811 | ||
3 | Southern Co. | 4.000% | 1/15/51 | 9,159 | 8,816 | |
3 | Southern Co. | 3.750% | 9/15/51 | 7,210 | 6,743 | |
Southern Co. Gas Capital Corp. | 3.250% | 6/15/26 | 1,974 | 1,890 | ||
Southern Power Co. | 4.150% | 12/1/25 | 1,561 | 1,535 | ||
Southern Power Co. | 0.900% | 1/15/26 | 1,125 | 1,041 | ||
Southwest Gas Corp. | 5.800% | 12/1/27 | 1,305 | 1,333 | ||
Southwest Gas Corp. | 5.450% | 3/23/28 | 2,166 | 2,199 | ||
3 | Southwestern Electric Power Co. | 1.650% | 3/15/26 | 5,294 | 4,938 | |
3 | Southwestern Electric Power Co. | 2.750% | 10/1/26 | 3,133 | 2,937 | |
3 | Southwestern Electric Power Co. | 4.100% | 9/15/28 | 4,150 | 3,976 | |
Tampa Electric Co. | 4.900% | 3/1/29 | 2,500 | 2,502 | ||
Union Electric Co. | 2.950% | 6/15/27 | 3,524 | 3,318 | ||
Union Electric Co. | 3.500% | 3/15/29 | 5,000 | 4,693 | ||
United Utilities plc | 6.875% | 8/15/28 | 3,000 | 3,186 | ||
3 | Virginia Electric & Power Co. | 3.100% | 5/15/25 | 5,993 | 5,846 | |
3 | Virginia Electric & Power Co. | 3.150% | 1/15/26 | 8,582 | 8,288 | |
3 | Virginia Electric & Power Co. | 2.950% | 11/15/26 | 4,817 | 4,579 |
Coupon | Maturity Date | Face Amount ($000) | Market Value ($000) | |||
3 | Virginia Electric & Power Co. | 3.500% | 3/15/27 | 8,843 | 8,494 | |
WEC Energy Group Inc. | 3.550% | 6/15/25 | 1,043 | 1,016 | ||
WEC Energy Group Inc. | 5.000% | 9/27/25 | 1,500 | 1,492 | ||
WEC Energy Group Inc. | 4.750% | 1/9/26 | 1,655 | 1,640 | ||
WEC Energy Group Inc. | 5.600% | 9/12/26 | 2,905 | 2,938 | ||
WEC Energy Group Inc. | 5.150% | 10/1/27 | 4,757 | 4,763 | ||
WEC Energy Group Inc. | 4.750% | 1/15/28 | 12,664 | 12,591 | ||
WEC Energy Group Inc. | 2.200% | 12/15/28 | 1,915 | 1,692 | ||
Wisconsin Public Service Corp. | 5.350% | 11/10/25 | 1,000 | 1,004 | ||
Xcel Energy Inc. | 3.300% | 6/1/25 | 5,880 | 5,722 | ||
Xcel Energy Inc. | 3.350% | 12/1/26 | 2,714 | 2,574 | ||
Xcel Energy Inc. | 1.750% | 3/15/27 | 4,846 | 4,366 | ||
Xcel Energy Inc. | 4.000% | 6/15/28 | 4,036 | 3,848 | ||
957,989 | ||||||
Total Corporate Bonds (Cost $15,606,895) | 15,191,468 | |||||
Sovereign Bonds (5.3%) | ||||||
3 | African Development Bank | 0.875% | 3/23/26 | 22,845 | 21,191 | |
3 | African Development Bank | 0.875% | 7/22/26 | 12,253 | 11,245 | |
African Development Bank | 4.625% | 1/4/27 | 10,173 | 10,186 | ||
African Development Bank | 4.125% | 2/25/27 | 12,000 | 11,857 | ||
3 | African Development Bank | 4.375% | 11/3/27 | 18,975 | 18,902 | |
African Development Bank | 4.375% | 3/14/28 | 18,825 | 18,763 | ||
Asian Development Bank | 0.625% | 4/29/25 | 53,695 | 51,211 | ||
3 | Asian Development Bank | 2.875% | 5/6/25 | 31,665 | 30,932 | |
3 | Asian Development Bank | 4.625% | 6/13/25 | 11,035 | 10,983 | |
3 | Asian Development Bank | 0.375% | 9/3/25 | 18,319 | 17,183 | |
Asian Development Bank | 4.250% | 1/9/26 | 32,647 | 32,353 | ||
3 | Asian Development Bank | 0.500% | 2/4/26 | 26,154 | 24,206 | |
3 | Asian Development Bank | 1.000% | 4/14/26 | 11,608 | 10,779 | |
3 | Asian Development Bank | 2.000% | 4/24/26 | 20,968 | 19,862 | |
3 | Asian Development Bank | 2.625% | 1/12/27 | 5,556 | 5,281 | |
3 | Asian Development Bank | 4.125% | 1/12/27 | 19,325 | 19,116 | |
3 | Asian Development Bank | 1.500% | 1/20/27 | 20,842 | 19,195 | |
3 | Asian Development Bank | 3.125% | 8/20/27 | 27,655 | 26,481 | |
3 | Asian Development Bank | 3.750% | 4/25/28 | 21,510 | 20,972 | |
3 | Asian Development Bank | 4.500% | 8/25/28 | 23,390 | 23,518 | |
3 | Asian Development Bank | 4.375% | 3/6/29 | 16,475 | 16,495 | |
Asian Infrastructure Investment Bank | 0.500% | 5/28/25 | 20,320 | 19,273 | ||
Asian Infrastructure Investment Bank | 3.375% | 6/29/25 | 15,040 | 14,732 | ||
Asian Infrastructure Investment Bank | 0.500% | 1/27/26 | 26,235 | 24,286 | ||
Asian Infrastructure Investment Bank | 4.875% | 9/14/26 | 12,130 | 12,192 | ||
Asian Infrastructure Investment Bank | 3.750% | 9/14/27 | 9,290 | 9,059 | ||
Asian Infrastructure Investment Bank | 4.000% | 1/18/28 | 18,500 | 18,177 | ||
Asian Infrastructure Investment Bank | 4.125% | 1/18/29 | 8,925 | 8,832 | ||
Canadian Government Bond | 2.875% | 4/28/25 | 11,605 | 11,342 | ||
Canadian Government Bond | 0.750% | 5/19/26 | 31,360 | 28,887 | ||
Canadian Government Bond | 3.750% | 4/26/28 | 20,342 | 19,840 | ||
Corp. Andina de Fomento | 1.625% | 9/23/25 | 7,520 | 7,115 | ||
Corp. Andina de Fomento | 5.250% | 11/21/25 | 15,680 | 15,621 | ||
Corp. Andina de Fomento | 4.750% | 4/1/26 | 5,225 | 5,163 | ||
Corp. Andina de Fomento | 2.250% | 2/8/27 | 5,790 | 5,337 | ||
Corp. Andina de Fomento | 6.000% | 4/26/27 | 7,000 | 7,159 | ||
Corp. Andina de Fomento | 5.000% | 1/24/29 | 3,100 | 3,091 | ||
Council of Europe Development Bank | 3.000% | 6/16/25 | 3,900 | 3,804 | ||
Council of Europe Development Bank | 3.750% | 5/25/26 | 8,150 | 7,993 | ||
Council of Europe Development Bank | 0.875% | 9/22/26 | 6,695 | 6,114 | ||
Council of Europe Development Bank | 3.625% | 1/26/28 | 11,710 | 11,365 |
Coupon | Maturity Date | Face Amount ($000) | Market Value ($000) | |||
Council of Europe Development Bank | 4.125% | 1/24/29 | 3,350 | 3,317 | ||
Equinor ASA | 2.875% | 4/6/25 | 12,960 | 12,654 | ||
Equinor ASA | 1.750% | 1/22/26 | 8,774 | 8,295 | ||
Equinor ASA | 3.000% | 4/6/27 | 1,117 | 1,061 | ||
Equinor ASA | 7.250% | 9/23/27 | 490 | 527 | ||
European Bank for Reconstruction & Development | 0.500% | 5/19/25 | 22,106 | 20,999 | ||
3 | European Bank for Reconstruction & Development | 0.500% | 11/25/25 | 10,760 | 10,024 | |
3 | European Bank for Reconstruction & Development | 0.500% | 1/28/26 | 21,005 | 19,454 | |
3 | European Bank for Reconstruction & Development | 4.375% | 3/9/28 | 6,420 | 6,405 | |
European Bank for Reconstruction & Development | 4.125% | 1/25/29 | 6,420 | 6,358 | ||
European Investment Bank | 0.625% | 7/25/25 | 38,200 | 36,123 | ||
European Investment Bank | 2.750% | 8/15/25 | 28,160 | 27,355 | ||
European Investment Bank | 0.375% | 12/15/25 | 15,665 | 14,541 | ||
European Investment Bank | 0.375% | 3/26/26 | 39,601 | 36,396 | ||
European Investment Bank | 2.125% | 4/13/26 | 18,161 | 17,264 | ||
European Investment Bank | 0.750% | 10/26/26 | 7,177 | 6,523 | ||
3 | European Investment Bank | 1.375% | 3/15/27 | 25,944 | 23,728 | |
European Investment Bank | 4.375% | 3/19/27 | 23,775 | 23,692 | ||
European Investment Bank | 0.625% | 10/21/27 | 740 | 648 | ||
European Investment Bank | 3.250% | 11/15/27 | 5,346 | 5,134 | ||
European Investment Bank | 3.875% | 3/15/28 | 35,605 | 34,921 | ||
European Investment Bank | 4.500% | 10/16/28 | 22,330 | 22,472 | ||
European Investment Bank | 4.000% | 2/15/29 | 17,475 | 17,220 | ||
6 | Export Development Canada | 3.375% | 8/26/25 | 20,585 | 20,150 | |
6 | Export Development Canada | 4.375% | 6/29/26 | 21,150 | 21,014 | |
6 | Export Development Canada | 3.000% | 5/25/27 | 17,705 | 16,920 | |
6 | Export Development Canada | 3.875% | 2/14/28 | 17,625 | 17,265 | |
6 | Export Development Canada | 4.125% | 2/13/29 | 20,100 | 19,909 | |
Export-Import Bank of Korea | 5.375% | 9/18/25 | 3,482 | 3,494 | ||
Export-Import Bank of Korea | 3.250% | 11/10/25 | 11,205 | 10,888 | ||
Export-Import Bank of Korea | 4.875% | 1/11/26 | 3,600 | 3,594 | ||
Export-Import Bank of Korea | 0.625% | 2/9/26 | 3,050 | 2,817 | ||
Export-Import Bank of Korea | 2.625% | 5/26/26 | 12,270 | 11,686 | ||
Export-Import Bank of Korea | 3.250% | 8/12/26 | 4,270 | 4,108 | ||
Export-Import Bank of Korea | 1.125% | 12/29/26 | 6,787 | 6,134 | ||
Export-Import Bank of Korea | 4.625% | 1/11/27 | 2,000 | 1,990 | ||
Export-Import Bank of Korea | 1.625% | 1/18/27 | 6,640 | 6,083 | ||
Export-Import Bank of Korea | 2.375% | 4/21/27 | 4,590 | 4,269 | ||
Export-Import Bank of Korea | 4.250% | 9/15/27 | 6,430 | 6,305 | ||
Export-Import Bank of Korea | 5.000% | 1/11/28 | 4,595 | 4,642 | ||
Export-Import Bank of Korea | 5.125% | 9/18/28 | 5,800 | 5,904 | ||
Export-Import Bank of Korea | 4.500% | 1/11/29 | 2,435 | 2,419 | ||
Inter-American Development Bank | 0.875% | 4/3/25 | 13,248 | 12,702 | ||
Inter-American Development Bank | 0.625% | 7/15/25 | 20,345 | 19,245 | ||
3 | Inter-American Development Bank | 0.875% | 4/20/26 | 28,594 | 26,478 | |
3 | Inter-American Development Bank | 4.500% | 5/15/26 | 19,911 | 19,833 | |
3 | Inter-American Development Bank | 2.000% | 6/2/26 | 16,130 | 15,243 | |
Inter-American Development Bank | 2.000% | 7/23/26 | 9,467 | 8,925 | ||
Inter-American Development Bank | 4.375% | 2/1/27 | 14,005 | 13,945 | ||
Inter-American Development Bank | 2.375% | 7/7/27 | 26,140 | 24,464 | ||
Inter-American Development Bank | 4.000% | 1/12/28 | 33,900 | 33,368 | ||
Inter-American Development Bank | 4.125% | 2/15/29 | 15,555 | 15,413 | ||
Inter-American Investment Corp. | 4.125% | 2/15/28 | 9,125 | 8,966 | ||
Inter-American Investment Corp. | 4.750% | 9/19/28 | 3,350 | 3,381 |
Coupon | Maturity Date | Face Amount ($000) | Market Value ($000) | |||
Inter-American Investment Corp. | 4.250% | 2/14/29 | 5,600 | 5,544 | ||
3 | International Bank for Reconstruction & Development | 2.125% | 3/3/25 | 5,767 | 5,611 | |
International Bank for Reconstruction & Development | 0.625% | 4/22/25 | 67,440 | 64,381 | ||
International Bank for Reconstruction & Development | 0.375% | 7/28/25 | 43,683 | 41,141 | ||
3 | International Bank for Reconstruction & Development | 2.500% | 7/29/25 | 21,049 | 20,389 | |
International Bank for Reconstruction & Development | 0.500% | 10/28/25 | 51,589 | 48,206 | ||
3 | International Bank for Reconstruction & Development | 3.125% | 11/20/25 | 3,263 | 3,175 | |
International Bank for Reconstruction & Development | 0.875% | 7/15/26 | 17,064 | 15,694 | ||
3 | International Bank for Reconstruction & Development | 1.875% | 10/27/26 | 11,828 | 11,062 | |
International Bank for Reconstruction & Development | 3.125% | 6/15/27 | 19,835 | 19,044 | ||
International Bank for Reconstruction & Development | 0.750% | 11/24/27 | 39,035 | 34,222 | ||
International Bank for Reconstruction & Development | 3.500% | 7/12/28 | 33,110 | 31,999 | ||
International Bank for Reconstruction & Development | 4.625% | 8/1/28 | 28,720 | 29,025 | ||
3 | International Finance Corp. | 0.375% | 7/16/25 | 13,260 | 12,505 | |
3 | International Finance Corp. | 3.625% | 9/15/25 | 19,260 | 18,910 | |
3 | International Finance Corp. | 2.125% | 4/7/26 | 6,104 | 5,805 | |
3 | International Finance Corp. | 0.750% | 10/8/26 | 6,035 | 5,494 | |
3 | International Finance Corp. | 4.375% | 1/15/27 | 6,365 | 6,340 | |
3 | International Finance Corp. | 4.500% | 7/13/28 | 8,441 | 8,488 | |
7 | Japan Bank for International Cooperation | 2.875% | 4/14/25 | 4,590 | 4,478 | |
3,7 | Japan Bank for International Cooperation | 2.500% | 5/28/25 | 6,509 | 6,307 | |
7 | Japan Bank for International Cooperation | 0.625% | 7/15/25 | 22,193 | 20,936 | |
7 | Japan Bank for International Cooperation | 3.875% | 9/16/25 | 9,540 | 9,369 | |
3,7 | Japan Bank for International Cooperation | 2.750% | 1/21/26 | 6,625 | 6,369 | |
7 | Japan Bank for International Cooperation | 4.250% | 1/26/26 | 20,265 | 20,004 | |
3,7 | Japan Bank for International Cooperation | 2.375% | 4/20/26 | 7,405 | 7,036 | |
7 | Japan Bank for International Cooperation | 4.250% | 4/27/26 | 10,595 | 10,449 | |
7 | Japan Bank for International Cooperation | 1.875% | 7/21/26 | 3,591 | 3,358 | |
3,7 | Japan Bank for International Cooperation | 2.250% | 11/4/26 | 11,067 | 10,382 | |
7 | Japan Bank for International Cooperation | 2.875% | 6/1/27 | 13,870 | 13,119 | |
7 | Japan Bank for International Cooperation | 2.875% | 7/21/27 | 8,825 | 8,326 | |
7 | Japan Bank for International Cooperation | 4.375% | 10/5/27 | 7,200 | 7,121 | |
7 | Japan Bank for International Cooperation | 2.750% | 11/16/27 | 13,195 | 12,333 | |
7 | Japan Bank for International Cooperation | 4.625% | 7/19/28 | 5,070 | 5,069 | |
7 | Japan Bank for International Cooperation | 4.875% | 10/18/28 | 1,350 | 1,365 | |
7 | Japan International Cooperation Agency | 2.750% | 4/27/27 | 4,909 | 4,622 | |
7 | Japan International Cooperation Agency | 3.250% | 5/25/27 | 10,070 | 9,601 | |
7 | Japan International Cooperation Agency | 4.000% | 5/23/28 | 5,350 | 5,193 | |
8 | KFW | 2.000% | 5/2/25 | 13,365 | 12,934 | |
8 | KFW | 3.125% | 6/10/25 | 19,250 | 18,830 | |
8 | KFW | 0.375% | 7/18/25 | 28,668 | 27,027 | |
8 | KFW | 5.125% | 9/29/25 | 16,385 | 16,434 | |
8 | KFW | 0.625% | 1/22/26 | 36,363 | 33,783 | |
8 | KFW | 3.625% | 4/1/26 | 26,055 | 25,518 | |
8 | KFW | 4.625% | 8/7/26 | 28,414 | 28,410 | |
8 | KFW | 1.000% | 10/1/26 | 12,005 | 11,009 | |
8 | KFW | 4.375% | 3/1/27 | 20,550 | 20,470 |
Coupon | Maturity Date | Face Amount ($000) | Market Value ($000) | |||
8 | KFW | 3.000% | 5/20/27 | 26,635 | 25,473 | |
8 | KFW | 3.750% | 2/15/28 | 30,850 | 30,108 | |
8 | KFW | 3.875% | 6/15/28 | 30,400 | 29,779 | |
8 | KFW | 4.000% | 3/15/29 | 19,825 | 19,524 | |
Korea Development Bank | 4.000% | 9/8/25 | 2,075 | 2,040 | ||
Korea Development Bank | 3.375% | 9/16/25 | 11,360 | 11,068 | ||
Korea Development Bank | 3.000% | 1/13/26 | 12,015 | 11,613 | ||
Korea Development Bank | 2.000% | 9/12/26 | 7,255 | 6,760 | ||
Korea Development Bank | 5.375% | 10/23/26 | 4,375 | 4,417 | ||
Korea Development Bank | 4.625% | 2/15/27 | 2,675 | 2,661 | ||
Korea Development Bank | 1.375% | 4/25/27 | 6,440 | 5,806 | ||
Korea Development Bank | 4.375% | 2/15/28 | 13,525 | 13,367 | ||
Korea Development Bank | 5.375% | 10/23/28 | 3,000 | 3,081 | ||
Korea Development Bank | 4.500% | 2/15/29 | 3,000 | 2,979 | ||
3,8 | Landwirtschaftliche Rentenbank | 0.500% | 5/27/25 | 18,050 | 17,132 | |
8 | Landwirtschaftliche Rentenbank | 2.375% | 6/10/25 | 15,653 | 15,170 | |
8 | Landwirtschaftliche Rentenbank | 0.875% | 3/30/26 | 7,150 | 6,629 | |
3,8 | Landwirtschaftliche Rentenbank | 1.750% | 7/27/26 | 9,708 | 9,096 | |
3,8 | Landwirtschaftliche Rentenbank | 3.875% | 6/14/28 | 7,430 | 7,271 | |
Nordic Investment Bank | 0.375% | 9/11/25 | 9,715 | 9,107 | ||
Nordic Investment Bank | 5.000% | 10/15/25 | 4,455 | 4,463 | ||
3 | Nordic Investment Bank | 0.500% | 1/21/26 | 13,200 | 12,233 | |
Nordic Investment Bank | 3.375% | 9/8/27 | 385 | 371 | ||
Nordic Investment Bank | 4.375% | 3/14/28 | 18,435 | 18,375 | ||
Nordic Investment Bank | 4.250% | 2/28/29 | 7,525 | 7,496 | ||
9 | Oesterreichische Kontrollbank AG | 0.375% | 9/17/25 | 23,840 | 22,318 | |
9 | Oesterreichische Kontrollbank AG | 4.125% | 1/20/26 | 5,735 | 5,666 | |
3,9 | Oesterreichische Kontrollbank AG | 0.500% | 2/2/26 | 7,221 | 6,679 | |
9 | Oesterreichische Kontrollbank AG | 5.000% | 10/23/26 | 4,935 | 4,979 | |
9 | Oesterreichische Kontrollbank AG | 3.625% | 9/9/27 | 11,575 | 11,246 | |
9 | Oesterreichische Kontrollbank AG | 4.250% | 3/1/28 | 11,295 | 11,199 | |
3,9 | Oesterreichische Kontrollbank AG | 4.125% | 1/18/29 | 4,740 | 4,691 | |
3 | Oriental Republic of Uruguay | 4.375% | 10/27/27 | 4,240 | 4,202 | |
Province of Alberta | 1.000% | 5/20/25 | 4,240 | 4,048 | ||
3 | Province of British Columbia | 6.500% | 1/15/26 | 1,638 | 1,679 | |
Province of British Columbia | 0.900% | 7/20/26 | 16,415 | 15,061 | ||
Province of British Columbia | 4.800% | 11/15/28 | 8,990 | 9,104 | ||
Province of Manitoba | 2.125% | 6/22/26 | 4,091 | 3,863 | ||
Province of Ontario | 0.625% | 1/21/26 | 23,616 | 21,899 | ||
Province of Ontario | 1.050% | 4/14/26 | 15,000 | 13,916 | ||
Province of Ontario | 2.500% | 4/27/26 | 13,210 | 12,616 | ||
Province of Ontario | 2.300% | 6/15/26 | 11,150 | 10,577 | ||
Province of Ontario | 3.100% | 5/19/27 | 20,380 | 19,479 | ||
Province of Ontario | 4.200% | 1/18/29 | 8,100 | 7,998 | ||
Province of Quebec | 0.600% | 7/23/25 | 17,685 | 16,695 | ||
Province of Quebec | 2.500% | 4/20/26 | 18,440 | 17,619 | ||
Province of Quebec | 2.750% | 4/12/27 | 8,420 | 7,978 | ||
Province of Quebec | 3.625% | 4/13/28 | 10,465 | 10,106 | ||
1 | Province of Quebec | 4.500% | 4/3/29 | 17,500 | 17,503 | |
Province of Saskatchewan | 3.250% | 6/8/27 | 7,085 | 6,789 | ||
Republic of Chile | 3.125% | 1/21/26 | 4,888 | 4,714 | ||
3 | Republic of Chile | 2.750% | 1/31/27 | 11,476 | 10,752 | |
3 | Republic of Chile | 3.240% | 2/6/28 | 10,960 | 10,264 | |
3 | Republic of Chile | 4.850% | 1/22/29 | 3,530 | 3,507 | |
3 | Republic of Indonesia | 4.150% | 9/20/27 | 6,650 | 6,468 | |
Republic of Indonesia | 3.500% | 1/11/28 | 9,025 | 8,564 | ||
3 | Republic of Indonesia | 4.550% | 1/11/28 | 7,395 | 7,286 | |
Republic of Indonesia | 4.100% | 4/24/28 | 3,400 | 3,291 |
Coupon | Maturity Date | Face Amount ($000) | Market Value ($000) | |||
Republic of Indonesia | 4.750% | 2/11/29 | 5,840 | 5,799 | ||
3 | Republic of Indonesia | 4.400% | 3/10/29 | 2,900 | 2,833 | |
Republic of Italy | 1.250% | 2/17/26 | 16,527 | 15,321 | ||
Republic of Korea | 5.625% | 11/3/25 | 1,909 | 1,926 | ||
Republic of Panama | 7.125% | 1/29/26 | 5,741 | 5,851 | ||
Republic of Panama | 8.875% | 9/30/27 | 5,715 | 6,169 | ||
3 | Republic of Panama | 3.875% | 3/17/28 | 7,325 | 6,674 | |
Republic of Peru | 7.350% | 7/21/25 | 7,740 | 7,924 | ||
3 | Republic of Peru | 2.392% | 1/23/26 | 7,340 | 6,946 | |
Republic of Peru | 4.125% | 8/25/27 | 7,460 | 7,220 | ||
Republic of Poland | 3.250% | 4/6/26 | 10,975 | 10,645 | ||
3 | Republic of Poland | 5.500% | 11/16/27 | 11,816 | 12,058 | |
3 | Republic of Poland | 4.625% | 3/18/29 | 9,800 | 9,719 | |
Republic of the Philippines | 5.500% | 3/30/26 | 4,181 | 4,228 | ||
Republic of the Philippines | 3.229% | 3/29/27 | 4,360 | 4,146 | ||
Republic of the Philippines | 5.170% | 10/13/27 | 7,850 | 7,898 | ||
Republic of the Philippines | 3.000% | 2/1/28 | 5,525 | 5,146 | ||
Republic of the Philippines | 4.625% | 7/17/28 | 3,300 | 3,268 | ||
Republic of the Philippines | 3.750% | 1/14/29 | 13,100 | 12,433 | ||
State of Israel | 2.875% | 3/16/26 | 5,714 | 5,428 | ||
State of Israel | 3.250% | 1/17/28 | 7,300 | 6,797 | ||
State of Israel | 5.375% | 3/12/29 | 11,700 | 11,726 | ||
3 | Svensk Exportkredit AB | 0.625% | 5/14/25 | 18,005 | 17,112 | |
3 | Svensk Exportkredit AB | 4.000% | 7/15/25 | 8,400 | 8,281 | |
Svensk Exportkredit AB | 0.500% | 8/26/25 | 11,390 | 10,687 | ||
3 | Svensk Exportkredit AB | 4.625% | 11/28/25 | 8,100 | 8,050 | |
3 | Svensk Exportkredit AB | 4.375% | 2/13/26 | 10,840 | 10,740 | |
3 | Svensk Exportkredit AB | 4.875% | 9/14/26 | 2,480 | 2,488 | |
3 | Svensk Exportkredit AB | 2.250% | 3/22/27 | 8,265 | 7,713 | |
Svensk Exportkredit AB | 4.125% | 6/14/28 | 5,190 | 5,106 | ||
3 | Svensk Exportkredit AB | 4.250% | 2/1/29 | 2,300 | 2,282 | |
3 | United Mexican States | 3.900% | 4/27/25 | 5,378 | 5,290 | |
United Mexican States | 4.125% | 1/21/26 | 11,940 | 11,708 | ||
United Mexican States | 4.150% | 3/28/27 | 21,684 | 21,142 | ||
United Mexican States | 3.750% | 1/11/28 | 1,793 | 1,704 | ||
3 | United Mexican States | 5.400% | 2/9/28 | 11,775 | 11,848 | |
Total Sovereign Bonds (Cost $3,124,785) | 3,016,726 | |||||
Taxable Municipal Bonds (0.1%) | ||||||
California Earthquake Authority Revenue | 5.603% | 7/1/27 | 6,945 | 6,998 | ||
California GO | 2.650% | 4/1/26 | 1,320 | 1,269 | ||
Florida State Board of Administration Finance Corp. Revenue | 1.258% | 7/1/25 | 11,525 | 10,988 | ||
Florida State Board of Administration Finance Corp. Revenue | 1.705% | 7/1/27 | 7,680 | 6,963 | ||
Oregon GO | 5.892% | 6/1/27 | 6,000 | 6,096 | ||
State Public School Building Authority PA Revenue | 5.000% | 9/15/27 | 2,100 | 2,104 | ||
University of California Revenue | 0.883% | 5/15/25 | 2,000 | 1,912 | ||
University of California Revenue | 3.063% | 7/1/25 | 2,677 | 2,617 | ||
University of California Revenue | 1.316% | 5/15/27 | 4,890 | 4,431 | ||
Utah GO | 4.554% | 7/1/24 | 2,075 | 2,068 | ||
Wisconsin General Fund Annual Appropriation Revenue ETM | 3.154% | 5/1/27 | 2,200 | 2,110 | ||
Total Taxable Municipal Bonds (Cost $48,659) | 47,556 |
Coupon | Shares | Market Value ($000) | ||||
Temporary Cash Investments (1.2%) | ||||||
Money Market Fund (1.2%) | ||||||
10 | Vanguard Market Liquidity Fund (Cost $683,119) | 5.407% | 6,832,420 | 683,105 | ||
Total Investments (100.3%) (Cost $59,148,734) | 57,468,273 | |||||
Other Assets and Liabilities—Net (-0.3%) | (169,344) | |||||
Net Assets (100%) | 57,298,929 |
Cost is in $000. |
1 | Includes securities purchased on a when-issued or delayed-delivery basis for which the fund has not taken delivery as of March 31, 2024. |
2 | U.S. government-guaranteed. |
3 | 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. |
4 | 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. |
5 | 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, 2024, the aggregate value was $78,322,000, representing 0.1% of net assets. |
6 | Guaranteed by the Government of Canada. |
7 | Guaranteed by the Government of Japan. |
8 | Guaranteed by the Federal Republic of Germany. |
9 | Guaranteed by the Republic of Austria. |
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. | |
ETM—Escrowed to Maturity. | |
GO—General Obligation Bond. | |
REIT—Real Estate Investment Trust. |
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 other 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. Swap Contracts: The
fund invests in credit default swaps to adjust the overall credit risk of the fund or to actively overweight or underweight credit risk to a specific issuer or group of issuers. The fund may sell credit protection
through credit default swaps to simulate investments in long positions that are either unavailable or considered to be less attractively priced in the bond market. The fund may purchase credit protection through
credit default swaps to reduce credit exposure to a given issuer or issuers. Under the terms of the swaps, an up-front payment may be exchanged between the seller and buyer. In addition, the seller of the credit
protection receives a periodic payment of premium from the buyer that is a fixed percentage applied to a notional amount. If, for example, the reference entity is subject to a credit event (such as bankruptcy, failure
to pay, or obligation acceleration) during the term of the swap, the seller agrees to either physically settle or cash settle the swap contract. If the swap is physically settled, the seller agrees to pay the buyer an
amount equal to the notional amount and take delivery of a debt instrument of the reference issuer with a par amount equal to such notional amount. If the swap is cash settled, the seller agrees to pay the buyer the
difference between the notional amount and the final price for the relevant debt instrument, as determined either in a market auction or pursuant to a pre-agreed-upon valuation procedure.
The fund enters into centrally
cleared swaps to achieve the same objectives specified with respect to the equivalent over-the-counter swaps but with less counterparty risk because a regulated clearinghouse is the counterparty instead of the
clearing broker or executing broker. The clearinghouse imposes initial margin requirements to secure the fund's performance, and requires daily settlement of variation margin representing changes in the market value
of each contract. To further mitigate counterparty risk, the fund trades with a diverse group of prequalified executing brokers; monitors the financial strength of its clearing brokers, executing brokers, and
clearinghouse; and has entered into agreements with its clearing brokers and executing brokers.
The primary risk associated with
selling credit protection is that, upon the occurrence of a defined credit event, the market value of the debt instrument received by the fund (or, in a cash settled swap, the debt instruments used to determine the
settlement payment by the fund) will be significantly less than the amount paid by the fund and, in a physically settled swap, the fund may receive an illiquid debt instrument. A risk associated with all types of
swaps is the possibility that a counterparty may default on its obligation to pay net amounts due to the fund. The fund’s maximum amount subject to counterparty risk is the unrealized appreciation on the swap
contract. The fund mitigates its counterparty risk by entering into swaps only with a diverse group of prequalified counterparties, monitoring their financial strength, entering into master netting arrangements with
its counterparties, and requiring its counterparties to transfer collateral as security for their performance. In the absence of a default, the collateral pledged or received by the fund cannot be repledged, resold,
or rehypothecated. In the event of a counterparty’s default (including bankruptcy), the fund may terminate any swap contracts with that counterparty, determine the net amount owed by either party in accordance
with its master netting arrangements, and sell or retain any collateral held up to the net amount owed to the fund under the master netting arrangements. The swap contracts contain provisions whereby a counterparty
may terminate open contracts if the fund's net assets decline below a certain level, triggering a payment by the fund if the fund is in a net liability position at the time of the termination. The payment amount would
be reduced by any collateral the fund has pledged. Any securities pledged as collateral for open contracts are noted in the Schedule of Investments. The value of collateral received or pledged is compared daily to the
value of the swap contracts exposure with each
counterparty, and any difference, if in excess of a
specified minimum transfer amount, is adjusted and settled within two business days.
Swaps are valued daily based on
market quotations received from independent pricing services or recognized dealers and the change in value is recorded as an asset (liability) and as unrealized appreciation (depreciation) until the seller of credit
protection is required to take delivery (or, in a cash settled swap, pay the settlement amount determined) upon occurrence of a credit event, periodic payments are made, or the swap terminates, at which time realized
gain (loss) is recorded. The net premium to be received or paid by the fund under swap contracts is accrued daily and recorded as realized gain (loss) over the life of the contract.
The fund had no open credit default
swap contracts at March 31, 2024.
C. Various inputs may be used
to determine the value of the fund’s investments. These inputs are summarized in three broad levels for financial statement purposes. The inputs or methodologies used to value securities are not necessarily an
indication of the risk associated with investing in those securities.
Level 1—Quoted prices in active markets for identical securities.
Level 2—Other significant observable inputs (including quoted prices for similar securities, interest rates, prepayment speeds, credit risk, etc.).
Level 3—Significant unobservable inputs (including the fund’s own assumptions used to determine the fair value of investments). Any investments valued with significant unobservable
inputs are noted on the Schedule of Investments.
The following table summarizes the
market value of the fund’s investments as of March 31, 2024, 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 | — | 38,529,418 | — | 38,529,418 |
Corporate Bonds | — | 15,191,468 | — | 15,191,468 |
Sovereign Bonds | — | 3,016,726 | — | 3,016,726 |
Taxable Municipal Bonds | — | 47,556 | — | 47,556 |
Temporary Cash Investments | 683,105 | — | — | 683,105 |
Total | 683,105 | 56,785,168 | — | 57,468,273 |