Security Description | | Principal Amount ($) | | | Fair Value ($) | |
Health Care, (continued) | | | | | | | | |
UnitedHealth Group, Inc., 2.88%, | | | | | | | | |
8/15/29 | | | 1,200,000 | | | | 1,054,391 | |
| | | | | | | 2,905,976 | |
Industrials (1.0%) | | | | | | | | |
3M Co., 3.00%, 8/7/25, MTN | | | 250,000 | | | | 238,292 | |
Hubbell, Inc., 2.30%, 3/15/31, Callable | | | | | | | | |
12/15/30 @ 100 | | | 500,000 | | | | 397,075 | |
Hubbell, Inc., 3.35%, 3/1/26, Callable | | | | | | | | |
12/1/25 @ 100 | | | 145,000 | | | | 137,384 | |
Hubbell, Inc., 3.50%, 2/15/28, Callable | | | | | | | | |
11/15/27 @ 100 | | | 150,000 | | | | 139,140 | |
Mastercard, Inc., 2.95%, 11/21/26, | | | | | | | | |
Callable 8/21/26 @ 100 | | | 100,000 | | | | 93,722 | |
Mastercard, Inc., 3.30%, 3/26/27, | | | | | | | | |
Callable 1/26/27 @ 100 | | | 150,000 | | | | 140,983 | |
United Parcel Service, Inc., 2.40%, | | | | | | | | |
11/15/26, Callable 8/15/26 @ 100 | | | 200,000 | | | | 184,866 | |
Visa, Inc., 3.15%, 12/14/25, Callable | | | | | | | | |
9/14/25 @ 100 | | | 275,000 | | | | 262,842 | |
| | | | | | | 1,594,304 | |
Information Technology (1.2%) | | | | | | | | |
Apple, Inc., 2.20%, 9/11/29, Callable | | | | | | | | |
6/11/29 @ 100 | | | 350,000 | | | | 300,556 | |
Apple, Inc., 3.00%, 6/20/27, Callable | | | | | | | | |
3/20/27@100 | | | 200,000 | | | | 186,447 | |
Intel Corp., 3.90%, 3/25/30, Callable | | | | | | | | |
12/25/29@100 | | | 1,000,000 | | | | 913,785 | |
Oracle Corp., 2.50%, 4/1/25, Callable | | | | | | | | |
3/1/25 @ 100 | | | 200,000 | | | | 190,543 | |
Oracle Corp., 3.40%, 7/8/24, Callable | | | | | | | | |
4/8/24 @ 100 | | | 300,000 | | | | 294,409 | |
| | | | | | | 1,885,740 | |
Materials (0.8%) | | | | | | | | |
Air Products and Chemicals, Inc., | | | | | | | | |
2.05%, 5/15/30, Callable 2/15/30 | | | | | | | | |
@100 | | | 1,425,000 | | | | 1,173,370 | |
Utilities (0.6%) | | | | | | | | |
Consolidated Edison Co. of New York, | | | | | | | | |
Inc., Series 20A, 3.35%, 4/1/30, | | | | | | | | |
Callable 1/1/30 @ 100 | | | 1,000,000 | | | | 878,873 | |
TOTAL CORPORATE BONDS (Cost | | | | | | | | |
$16,713,182) | | | | | | | 14,634,010 | |
Municipal Bonds (0.4%) | | | | | | | | |
Georgia (0.2%) | | | | | | | | |
State of Georgia, GO, Series B, 1.40%, | | | | | | | | |
8/1/33, Callable 8/1/30 @ 100 | | | 350,000 | | | | 249,879 | |
Hawaii (0.2%) | | | | | | | | |
State of Hawaii, GO, Series FZ, 1.87%, | | | | | | | | |
8/1/33, Callable 8/1/30 @ 100 | | | 500,000 | | | | 366,459 | |
TOTAL MUNICIPAL BONDS (Cost $857,219) | | | | | | | 616,338 | |