Security Description | | Principal Amount ($) | | | Fair Value ($) | |
| | | | | | |
Health Care (1.8%) | | | | | | | | |
Abbott Laboratories, 2.95%, 3/15/25, | | | | | | | | |
Callable 12/15/24 @ 100 | | | 100,000 | | | | 96,329 | |
Healthcare Corp., 1.15%, 6/15/25, | | | | | | | | |
Callable 5/15/25 @ 100 | | | 100,000 | | | | 90,335 | |
Kaiser Foundation Hospitals, 3.15%, | | | | | | | | |
5/1/27, Callable 2/1/27 @ 100 | | | 250,000 | | | | 232,073 | |
Pfizer, Inc., 1.70%, 5/28/30, Callable | | | | | | | | |
2/28/30 @ 100 | | | 1,300,000 | | | | 1,039,713 | |
Pfizer, Inc., 3.40%, 5/15/24 | | | 100,000 | | | | 98,309 | |
Stryker Corp., 3.50%, 3/15/26, | | | | | | | | |
Callable 12/15/25 @ 100 | | | 300,000 | | | | 286,064 | |
UnitedHealth Group, Inc., 2.88%, | | | | | | | | |
8/15/29 | | | 1,200,000 | | | | 1,047,299 | |
| | | | | | | 2,890,122 | |
| | | | | | | | |
Industrials (0.8%) | | | | | | | | |
3M Co., 3.00%, 8/7/25 | | | 250,000 | | | | 237,872 | |
Emerson Electric Co., 2.63%, 2/15/23, | | | | | | | | |
Callable 11/15/22 @ 100 | | | 200,000 | | | | 198,871 | |
Hubbell, Inc., 2.30%, 3/15/31, Callable | | | | | | | | |
12/15/30 @ 100 | | | 500,000 | | | | 394,721 | |
Hubbell, Inc., 3.35%, 3/1/26, Callable | | | | | | | | |
12/1/25 @ 100 | | | 145,000 | | | | 138,066 | |
Hubbell, Inc., 3.50%, 2/15/28, Callable | | | | | | | | |
11/15/27 @ 100 | | | 150,000 | | | | 137,403 | |
United Parcel Service, Inc., 2.40%, | | | | | | | | |
11/15/26, Callable 8/15/26 @ 100 | | | 200,000 | | | | 183,929 | |
| | | | | | | 1,290,862 | |
| | | | | | | | |
Information Technology (2.2%) | | | | | | | | |
Apple, Inc., 2.20%, 9/11/29, Callable | | | | | | | | |
6/11/29 @ 100 | | | 350,000 | | | | 298,554 | |
Apple, Inc., 2.85%, 2/23/23, Callable | | | | | | | | |
12/23/22 @ 100 | | | 150,000 | | | | 149,368 | |
Apple, Inc., 3.00%, 6/20/27, Callable | | | | | | | | |
3/20/27 @ 100 | | | 200,000 | | | | 188,234 | |
Intel Corp., 3.90%, 3/25/30, Callable | | | | | | | | |
12/25/29 @ 100 | | | 1,000,000 | | | | 917,017 | |
Intuit, Inc., 0.65%, 7/15/23 | | | 1,000,000 | | | | 970,932 | |
Mastercard, Inc., 2.95%, 11/21/26, | | | | | | | | |
Callable 8/21/26 @ 100 | | | 100,000 | | | | 93,459 | |
Mastercard, Inc., 3.30%, 3/26/27, | | | | | | | | |
Callable 1/26/27 @ 100 | | | 150,000 | | | | 141,142 | |
Oracle Corp., 2.50%, 4/1/25, Callable | | | | | | | | |
3/1/25 @ 100 | | | 200,000 | | | | 186,564 | |
Oracle Corp., 3.40%, 7/8/24, Callable | | | | | | | | |
4/8/24 @ 100 | | | 300,000 | | | | 291,771 | |
Visa, Inc., 3.15%, 12/14/25, Callable | | | | | | | | |
9/14/25 @ 100 | | | 275,000 | | | | 262,838 | |
| | | | | | | 3,499,879 | |
| | | | | | | | |
Materials (0.7%) | | | | | | | | |
Air Products And Chemicals, Inc., | | | | | | | | |
2.05%, 5/15/30, Callable 2/15/30 | | | | | | | | |
@ 100 | | | 1,425,000 | | | | 1,167,005 | |