Hartford Municipal Opportunities ETF

 

 

 

Schedule of Investments

October 31, 2019 (Unaudited)

 

 Shares or Principal Amount           Market Value  
  Municipal Bonds - 97.3%  
   Alabama - 3.0%      
  $    1,100,000     

Birmingham, AL, Water Works Board Water Rev
5.00%, 01/01/2027

      $ 1,361,580  
  100,000     

Jefferson County, AL, Board of Education
5.00%, 02/01/2042

        118,666  
  90,000     

Jefferson County, AL, GO
5.00%, 04/01/2024

        103,469  
  1,000,000     

Lower Alabama Gas Dist
5.00%, 09/01/2031

        1,269,470  
      1,590,000     

State of Alabama Docks Department
5.00%, 10/01/2026

        1,897,427  
        

 

 

 
                4,750,612  
        

 

 

 
   Arizona - 1.0%      
  480,000     

Coconino County, AZ, Pollution Control Corp.
1.80%, 09/01/2032(1)

        480,547  
  185,000     

Maricopa County, AZ, Industrial Dev Auth
5.00%, 09/01/2031

        228,127  
  750,000     

Maricopa County, AZ, Pollution Control Corp.
5.00%, 06/01/2035

        763,875  
  110,000     

Tempe, AZ, Industrial Dev Auth
4.00%, 10/01/2023(2)

        111,065  
        

 

 

 
           1,583,614  
        

 

 

 
   California - 4.7%      
  205,000     

Alameda County, Oakland, CA, Unified School Dist
4.00%, 08/01/2034

        232,081  
  145,000     

California County, CA, Tobacco Securitization Agency
5.00%, 06/01/2020

        147,640  
  1,000,000     

California State, GO Taxable
5.00%, 04/01/2035

        1,276,430  
  

City of Los Angeles, CA, Department of Airports

 

  1,450,000     

5.00%, 05/15/2035

        1,771,973  
  1,500,000     

5.00%, 05/15/2040

        1,530,690  
  150,000     

Fresno, CA, Unified School Dist
0.00%, 08/01/2032(3)

        101,514  
  500,000     

Golden State Tobacco Securitization Corp., CA
5.00%, 06/01/2032

        597,370  
  100,000     

Romoland, CA, School Dist
5.00%, 09/01/2043

        115,428  
  

San Joaquin Hills, CA, Transportation Corridor Agency

 

  80,000     

0.00%, 01/15/2026(3)

        68,544  
  215,000     

0.00%, 01/15/2032(3)

        149,186  
  70,000     

0.00%, 01/15/2035(3)

        43,497  
  1,300,000     

Tender Option Bond Trust Receipts/Certificates
1.15%, 12/01/2022(1)(2)

        1,300,000  
        

 

 

 
           7,334,353  
        

 

 

 
   Colorado - 2.2%      
  720,000     

Arapahoe County, CO, School Dist No. 6 Littleton
5.50%, 12/01/2031

        951,091  
  835,000     

Colorado Health Facs Auth
5.00%, 08/01/2044

        987,129  
  175,000     

Denver, CO, Urban Renewal Auth
5.25%, 12/01/2039(2)

        187,201  
  1,030,000     

Park Creek, CO, Metropolitan Dist Rev
5.00%, 12/01/2029

        1,279,208  
        

 

 

 
           3,404,629  
        

 

 

 
   Connecticut - 3.0%      
  100,000     

City of Bridgeport, CT, GO
5.00%, 07/15/2034

        120,231  
  1,195,000     

Connecticut Housing Finance Auth
2.75%, 11/15/2035

        1,211,861  
         985,000     

Connecticut Housing Finance Auth
4.25%, 05/15/2042

        1,081,540  
  

State of Connecticut, GO

     
  380,000     

5.00%, 11/15/2025

        454,043  
  1,000,000     

5.00%, 09/15/2027

        1,237,250  
  500,000     

5.00%, 04/15/2029

        608,815  
        

 

 

 
           4,713,740  
        

 

 

 
   District of Columbia - 1.3%      
  250,000     

Dist of Columbia Rev
5.00%, 07/01/2037

        269,875  
  

Dist of Columbia, GO

     
  1,100,000     

5.00%, 06/01/2042

        1,319,835  
  455,000     

5.00%, 07/01/2042

        487,915  
        

 

 

 
                2,077,625  
        

 

 

 
   Florida - 7.6%      
  125,000     

City of Atlantic Beach, FL, Health Care Facs Auth
5.00%, 11/15/2043

        142,324  
  1,000,000     

Greater Orlando, FL, Aviation Auth
5.00%, 10/01/2037

        1,190,860  
  

JEA, FL, Electric System Rev

     
  1,550,000     

5.00%, 10/01/2022

        1,719,244  
  1,500,000     

5.00%, 10/01/2028

        1,857,330  
  6,000,000     

Orange County, FL, Hosimg Facs Auth
1.18%, 04/15/2040(1)

        6,000,000  
  

Polk County, FL, Industrial Dev Auth

     
  725,000     

5.00%, 01/01/2029

        834,381  
  190,000     

5.00%, 01/01/2055

        210,879  
  35,000     

Putnam County, FL, Dev Auth
5.00%, 03/15/2042

        41,586  
        

 

 

 
           11,996,604  
        

 

 

 
   Georgia - 2.3%      
  

Burke County, GA, Dev Auth Rev

     
  1,000,000     

2.05%, 10/01/2032(1)

        1,007,330  
  200,000     

3.00%, 11/01/2045(1)

        205,188  
  

Main Street, GA, Natural Gas, Inc.

     
  665,000     

5.00%, 05/15/2032

        810,642  
  200,000     

5.50%, 09/15/2023

        228,170  
  

Municipal Electric Auth, GA

     
  1,000,000     

5.00%, 01/01/2028

        1,184,620  
  215,000     

5.00%, 01/01/2056

        247,845  
        

 

 

 
           3,683,795  
        

 

 

 
   Hawaii - 0.1%      
  100,000     

State of Hawaii Airports System Rev
5.00%, 07/01/2031

        123,414  
        

 

 

 
   Illinois - 11.3%      
  

Chicago, IL, Board of Education, GO

     
  105,000     

0.00%, 12/01/2023(3)

        94,849  
  110,000     

0.00%, 12/01/2026(3)

        90,603  
  65,000     

5.00%, 12/01/2020

        67,055  
  250,000     

5.00%, 12/01/2024

        279,277  
  500,000     

5.00%, 12/01/2028

        586,730  
  250,000     

5.00%, 04/01/2033

        290,300  
  

Chicago, IL, Transit Auth

     
  1,490,000     

5.00%, 12/01/2021

        1,596,505  
  445,000     

5.00%, 06/01/2024

        507,789  
  130,000     

5.25%, 12/01/2024

        139,814  
  105,000     

5.25%, 12/01/2025

        112,766  
  

City of Chicago, IL, GO

     
  500,000     

0.00%, 01/01/2026(3)

        425,770  
  400,000     

5.00%, 01/01/2024

        439,192  
  

City of Chicago, IL, Wastewater Transmission Rev

     
  90,000     

5.00%, 01/01/2027

        100,698  
  50,000     

5.50%, 01/01/2030

        62,226  
      1,075,000     

City of Decatur, IL, GO
5.00%, 03/01/2035

        1,241,464  
  100,000     

Cook County, IL, GO
5.00%, 11/15/2021

        106,655  
  240,000     

Illinois Housing Dev Auth
4.00%, 02/01/2035

        247,339  
  150,000     

Illinois State Finance Auth Rev
5.00%, 11/15/2045

        168,036  
  150,000     

Illinois State Toll Highway Auth
5.00%, 01/01/2030

        185,254  
  500,000     

Illinois State Toll Highway Auth, Taxable Rev
5.00%, 01/01/2031

        626,035  
  

Kane McHenry Cook & DeKalb Counties, IL, Unified School Dist, No. 300

     
  1,000,000     

5.00%, 01/01/2021

        1,042,740  
  100,000     

5.00%, 01/01/2032

        118,181  
  150,000     

Kendall Kane & Will Counties, IL, Unified School Dist, GO
0.00%, 02/01/2027(3)

        127,925  
  205,000     

Metropolitan Pier & Exposition Auth, IL
0.00%, 12/15/2025(3)

        177,245  
  

Railsplitter, IL, Tobacco Settlement Auth

     
  150,000     

5.00%, 06/01/2022

        163,364  
  75,000     

5.25%, 06/01/2021

        79,443  
  

Regional Transportation, IL, Auth Rev

     
  150,000     

5.00%, 06/01/2024

        172,948  
  1,000,000     

6.00%, 07/01/2024

        1,155,480  
  

Sales Tax Securitization Corp., IL

     
  500,000     

5.00%, 01/01/2029

        594,850  
  985,000     

5.00%, 01/01/2037

        1,140,522  
  

State of Illinois, GO

     
  1,040,000     

5.00%, 03/01/2021

        1,080,009  
  1,250,000     

5.00%, 06/15/2022

        1,338,125  
  450,000     

5.00%, 12/01/2024

        503,095  
  1,000,000     

5.00%, 02/01/2027

             1,143,930  
  115,000     

5.00%, 06/15/2027

        131,070  
  300,000     

5.00%, 11/01/2027

        343,881  
  750,000     

5.25%, 12/01/2030

        869,400  
  100,000     

Village of Bolingbrook, IL, GO
5.00%, 01/01/2028

        123,562  
        

 

 

 
           17,674,127  
        

 

 

 
   Indiana - 0.2%      
  283,851     

City of Evansville, IN
3.00%, 06/01/2034

        298,807  
        

 

 

 
   Iowa - 1.0%      
  

Iowa Student Loan Liquidity Corp.

     
  400,000     

5.00%, 12/01/2020

        413,740  
  350,000     

5.00%, 12/01/2025

        408,237  
  575,000     

State of Iowa, Fin Auth
5.00%, 02/15/2027

        706,048  
        

 

 

 
           1,528,025  
        

 

 

 
   Kentucky - 1.0%      
  110,000     

Kentucky Bond Dev Corp.
5.00%, 09/01/2023

        124,408  
  100,000     

Kentucky Public Energy Auth
4.00%, 01/01/2049(1)

        110,611  
  1,250,000     

Louisville, KY, Regional Airport Auth
5.00%, 07/01/2021

        1,320,525  
        

 

 

 
           1,555,544  
        

 

 

 
   Maine - 0.2%      
  305,000     

Finance Auth of Maine
5.00%, 12/01/2021

        326,024  
        

 

 

 
   Maryland - 0.8%      
  40,000     

Maryland Health & Higher Educational Facs Auth
2.88%, 07/01/2023

        41,815  
      1,000,000     

State of Maryland, GO
5.00%, 03/15/2028

        1,250,060  
        

 

 

 
                1,291,875  
        

 

 

 
   Massachusetts - 3.0%      
  1,500,000     

Commonwealth of Massachusetts, GO
5.00%, 01/01/2042

        1,818,375  
   Massachusetts Dev Finance Agency, Rev

 

  250,000     

5.00%, 07/01/2020

        255,640  
  255,000     

5.00%, 07/01/2031

        298,365  
  405,000     

5.00%, 07/01/2031

        496,461  
  675,000     

5.00%, 07/01/2034

        822,866  
  500,000     

5.00%, 07/01/2043

        593,115  
  350,000     

5.00%, 07/01/2044

        393,649  
  100,000     

5.00%, 07/01/2048

        117,966  
        

 

 

 
           4,796,437  
        

 

 

 
   Michigan - 4.4%      
  345,000     

City of Detroit, MI, GO
5.00%, 04/01/2022

        364,555  
  1,250,000     

Lincoln Park School Dist, GO
5.00%, 05/01/2032

        1,568,800  
   Michigan Finance Auth

 

  1,100,000     

5.00%, 07/01/2035

        1,273,558  
  500,000     

5.00%, 11/01/2035

        618,870  
   Michigan State Housing Dev Auth

 

  1,235,000     

4.25%, 06/01/2049

        1,352,621  
  680,000     

4.25%, 12/01/2049

        750,380  
  275,000     

New Haven Community School Dist
5.00%, 05/01/2032

        340,849  
  500,000     

Wayne County, MI, Airport Auth Rev
5.00%, 12/01/2025

        596,415  
        

 

 

 
           6,866,048  
        

 

 

 
   Minnesota - 2.7%      
  750,000     

Duluth, MN, Independent School Dist, No. 709
5.00%, 02/01/2022

        807,758  
  405,000     

Freddie Mac Multifamily, ML, Certificates
2.54%, 06/25/2037

        420,655  
  1,750,000     

Minneapolis-St. Paul, MN Housing & Redev. Auth
1.26%, 08/15/2025(1)

        1,750,000  
  1,000,000     

Minneapolis-St. Paul, MN, Metropolitan Airports Commission
5.00%, 01/01/2035

        1,006,070  
  200,000     

St. Francis, MN, Independent School Dist, No. 15
4.00%, 02/01/2030

        214,018  
        

 

 

 
           4,198,501  
        

 

 

 
   Mississippi - 1.4%      
  750,000     

Mississippi Dev Bank, GO
5.00%, 10/01/2027

        934,372  
  1,000,000     

State of Mississippi
5.00%, 10/15/2029

        1,269,640  
        

 

 

 
           2,204,012  
        

 

 

 
   Missouri - 2.3%      
  990,000     

Bi-State Dev Agency of the Missouri-Illinois Metropolitan Dist
4.00%, 10/01/2036

        1,146,004  
  510,000     

Kansas City, MO, Industrial Dev Auth
5.00%, 03/01/2032

        625,714  
  500,000     

Kirkwood, MO, Industrial Dev Auth Retirement Community
5.25%, 05/15/2042

        561,700  
  650,000     

St. Louis County, MO, Industrial Dev Auth
5.00%, 09/01/2028

        749,418  
  400,000     

St. Louis, MO, Airport Rev
5.00%, 07/01/2031

        498,288  
        

 

 

 
           3,581,124  
        

 

 

 
   Nevada - 2.1%      
         275,000     

City of North Las Vegas, NV
4.50%, 06/01/2039

        291,167  
  280,000     

City of Reno, NV
5.00%, 06/01/2033

        343,356  
   Clark County, NV, School Dist, GO

 

  1,000,000     

5.00%, 06/15/2026

        1,197,300  
  1,000,000     

5.00%, 06/15/2029

        1,263,240  
  200,000     

Las Vegas, NV, New Convention Center Auth
5.00%, 07/01/2029

        230,090  
        

 

 

 
           3,325,153  
        

 

 

 
   New Jersey - 1.9%      
  1,000,000     

City of Bayonne, NJ
0.00%, 07/01/2023(3)

        941,210  
   New Jersey Economic Dev Auth

 

  400,000     

5.00%, 06/15/2022

        434,428  
  150,000     

5.00%, 06/15/2023

        166,817  
  255,000     

New Jersey Educational Facs Auth
5.00%, 06/01/2020

        260,103  
  125,000     

New Jersey Transportation Trust Fund Auth
5.00%, 12/15/2023

        141,311  
  250,000     

New Jersey Turnpike Auth
4.00%, 01/01/2033

        285,852  
   Tobacco Settlement Financing Corp., NJ

 

  340,000     

5.00%, 06/01/2024

        388,933  
  250,000     

5.00%, 06/01/2029

        306,947  
        

 

 

 
                2,925,601  
        

 

 

 
   New Mexico - 0.2%      
  155,000     

City of Santa Fe
5.00%, 05/15/2049

        170,432  
  95,000     

New Mexico Mortgage Finance Auth
4.00%, 01/01/2049

        103,085  
        

 

 

 
           273,517  
        

 

 

 
   New York - 6.9%      
  480,000     

Metropolitan Transportation Auth, NY, Rev
5.00%, 11/15/2020

        498,168  
   New York City, NY, Transitional Finance Auth Future Tax Secured Rev

 

  100,000     

4.50%, 11/01/2019

        100,000  
  2,000,000     

5.00%, 08/01/2035

        2,488,640  
  2,000,000     

New York City, NY, Water & Sewer System
1.35%, 06/15/2050(1)

        2,000,000  
   New York State Dormitory Auth Rev

 

  200,000     

5.00%, 02/15/2031

        247,052  
  1,000,000     

5.00%, 03/15/2035

        1,246,970  
  750,000     

5.00%, 03/15/2037

        929,670  
  1,000,000     

5.00%, 02/15/2038

        1,196,610  
  1,000,000     

5.00%, 03/15/2048

        1,214,660  
  390,000     

Syracuse, NY, Industrial Dev Agency
5.00%, 01/01/2031

        432,674  
  500,000     

Town of Oyster Bay, NY, GO
4.00%, 02/15/2020

        503,405  
        

 

 

 
           10,857,849  
        

 

 

 
   North Carolina - 0.7%      
   North Carolina Medical Care Commission

 

  255,000     

4.00%, 01/01/2025

        276,871  
  395,000     

5.00%, 01/01/2038

        457,979  
   North Carolina Medical Care Commission Retirement Finance Auth Rev, First Mortgage Galloway Ridge

 

  145,000     

5.00%, 01/01/2039

        166,965  
  210,000     

5.00%, 01/01/2044

        240,364  
        

 

 

 
           1,142,179  
        

 

 

 
   Ohio - 3.1%      
      1,000,000     

American Municipal Power, Inc., OH
2.30%, 02/15/2038(1)

        1,015,510  
  2,200,000     

Buckeye, OH, Tobacco Settlement Finance Auth
5.88%, 06/01/2047

            2,214,124  
  1,105,000     

Cleveland, OH, Airport System Rev
5.25%, 01/01/2020

        1,111,928  
  100,000     

Cleveland, OH, Department of Public Utilities
5.00%, 11/15/2030

        123,577  
   County of Lucas, OH

 

  250,000     

5.00%, 11/15/2019

        250,248  
  100,000     

5.00%, 11/15/2020

        103,284  
        

 

 

 
                4,818,671  
        

 

 

 
   Oklahoma - 0.5%      
   Oklahoma Dev Finance Auth

 

  30,000     

5.25%, 08/15/2048

        35,597  
  30,000     

5.50%, 08/15/2057

        35,749  
  635,000     

Oklahoma Housing Finance Agency
5.00%, 09/01/2043

        660,045  
        

 

 

 
           731,391  
        

 

 

 
   Oregon - 0.4%      
  30,000     

Benton & Linn Counties, OR, Consolidated School Dist No. 509J & 509A Corvallis
0.00%, 06/15/2038(4)

        35,975  
  100,000     

Clackamas County, OR, Hospital Facs Auth
2.60%, 11/15/2023

        100,022  
  20,000     

Marion County, OR, School Dist No. 15 North Marion
0.00%, 06/15/2037(3)

        10,887  
  115,000     

Multnomah & Clackamas Counties, OR, School Dist No. 10JT Gresham-Barlow
0.00%, 06/15/2038(3)

        63,630  
   Salem Hospital Facs Auth, OR

 

  40,000     

5.00%, 05/15/2038

        46,397  
  30,000     

5.00%, 05/15/2048

        34,413  
  105,000     

State of Oregon Housing & Community Services Department
4.50%, 01/01/2049

        115,126  
  185,000     

State of Oregon, GO
4.00%, 12/01/2048

        198,599  
  100,000     

Washington Clackamas & Yamhill Counties, OR, School Dist No. 88J
0.00%, 06/15/2034(3)

        63,472  
        

 

 

 
           668,521  
        

 

 

 
   Pennsylvania - 7.6%      
  585,000     

Allegheny County, PA, Airport Auth
5.00%, 01/01/2026

        629,998  
  135,000     

Armstrong School Dist
4.00%, 03/15/2035

        153,719  
  565,000     

City of Philadelphia, PA, Airport Rev
5.00%, 02/01/2035

        704,866  
   Commonwealth Finance Auth, PA

 

  490,000     

5.00%, 06/01/2020

        500,035  
  100,000     

5.00%, 06/01/2027

        122,409  
  590,000     

Erie, PA, City School Dist, GO
5.00%, 04/01/2028

        732,821  
   Montgomery County, PA, Industrial Dev Auth Rev

 

  230,000     

5.00%, 12/01/2030

        262,803  
  240,000     

5.00%, 12/01/2044

        277,574  
  100,000     

5.00%, 12/01/2046

        110,671  
  1,000,000     

Pennsylvania Economic Dev Financing Auth
2.63%, 11/01/2021

        1,020,410  
   Pennsylvania Higher Educational Facs Auth

 

  250,000     

5.00%, 05/01/2025

        294,650  
  750,000     

5.00%, 05/01/2037

        892,875  
   Pennsylvania Housing Finance Agency

 

  445,000     

3.10%, 04/01/2023

        454,630  
      1,630,000     

4.00%, 10/01/2038

        1,718,802  
  

Pennsylvania Turnpike Commission Rev

     
  150,000     

5.00%, 12/01/2030

        183,978  
  1,095,000     

5.00%, 12/01/2032

             1,347,343  
  750,000     

5.00%, 12/01/2034

        908,865  
  95,000     

5.00%, 12/01/2037

        104,026  
  540,000     

Philadelphia, PA, School Dist, GO
5.00%, 09/01/2032

        669,324  
  265,000     

Pittsburgh Water & Sewer Auth
5.00%, 09/01/2034

        334,462  
  375,000     

Wilkes-Barre Area, PA, School Dist
5.00%, 04/15/2059

        444,529  
        

 

 

 
           11,868,790  
        

 

 

 
   Puerto Rico - 0.5%      
  

Puerto Rico Sales Tax Financing Corp. Sales Tax Rev

     
  675,000     

0.00%, 07/01/2051(3)

        130,876  
  625,000     

5.00%, 07/01/2058

        656,125  
        

 

 

 
           787,001  
        

 

 

 
   Rhode Island - 0.1%      
  200,000     

Rhode Island Student Loan Auth
5.00%, 12/01/2027

        242,576  
        

 

 

 
   South Carolina - 2.1%      
  390,000     

SCAGO Educational Facs Corp. for Pickens School Dist, SC
5.00%, 12/01/2029

        458,566  
  1,000,000     

South Carolina Jobs-Economic Dev Auth
5.00%, 05/01/2028

        1,252,840  
  730,000     

South Carolina Port Auth
5.00%, 07/01/2031

        909,375  
  

South Carolina State Public Service Auth

     
  500,000     

5.00%, 12/01/2034

        572,545  
  125,000     

5.00%, 12/01/2050

        141,490  
        

 

 

 
           3,334,816  
        

 

 

 
   South Dakota - 0.7%      
  980,000     

South Dakota Housing Dev Auth
4.50%, 11/01/2048

        1,088,114  
        

 

 

 
   Tennessee - 1.4%      
  110,000     

Chattanooga, TN, Health Educational & Housing Facs Board Rev
5.00%, 08/01/2044

        130,041  
  125,000     

Metropolitan Nashville Airport Auth
5.00%, 07/01/2027

        146,907  
  

Tennessee Energy Acquisition Corp.

     
  500,000     

5.00%, 02/01/2022

        536,325  
  300,000     

5.00%, 02/01/2023

        330,225  
  295,000     

5.00%, 02/01/2025

        339,557  
  455,000     

5.00%, 02/01/2027

        541,505  
  160,000     

Tennessee Housing Dev Agency
4.00%, 01/01/2049

        172,774  
        

 

 

 
           2,197,334  
        

 

 

 
   Texas - 8.1%      
  1,125,000     

Arlington, TX, Independent School Dist
5.00%, 02/15/2028

        1,360,260  
  405,000     

Austin, TX, Independent School Dist
4.00%, 08/01/2033

        471,902  
  750,000     

City of Houston, TX
0.00%, 09/01/2025(3)

        679,185  
  1,385,000     

City of San Antonio, TX, Electric & Gas Systems Rev
5.00%, 02/01/2028

        1,700,060  
  1,650,000     

Frenship Independent School Dist, GO
4.00%, 02/15/2020

        1,663,151  
  100,000     

Harris County - Houston, TX, Sports Auth
5.00%, 11/15/2020

        103,691  
  100,000     

Kerrville, TX, Health Facs Dev Corp.
5.00%, 08/15/2024

        115,183  
         500,000     

New Hope, TX, Cultural Education Facs Finance Corp.
5.00%, 11/01/2046

        535,130  
  1,720,000     

North East Texas Independent School Dist
5.00%, 02/01/2020

        1,735,944  
  300,000     

North East Texas Regional Mobility Auth
5.00%, 01/01/2021

        310,527  
  70,000     

North Texas Tollway Auth Rev
6.25%, 02/01/2023

        70,807  
  1,000,000     

Rockwall, TX, Independent School Dist
5.00%, 02/15/2028

        1,270,820  
  1,500,000     

Texas Municipal Gas Acquisition & Supply Corp. Rev
5.00%, 12/15/2019

        1,505,895  
  200,000     

Texas Transportation Commission
0.00%, 08/01/2038(3)

        95,912  
  1,000,000     

Wylie, TX, Independent School Dist
4.00%, 08/15/2035

        1,165,420  
        

 

 

 
           12,783,887  
        

 

 

 
   Utah - 2.3%      
  1,000,000     

Salt Lake City, UT, Corp. Airport Rev
5.00%, 07/01/2029

        1,242,570  
  590,000     

Salt Lake County, UT
5.13%, 02/15/2033

        694,808  
  1,250,000     

Utah Transit Auth
5.25%, 06/15/2029

        1,638,575  
        

 

 

 
           3,575,953  
        

 

 

 
   Virginia - 0.8%      
  1,295,000     

Virginia College Building Auth
5.00%, 02/01/2020

        1,307,160  
        

 

 

 
   Washington - 1.3%      
  

Port of Seattle, WA

 

  1,000,000     

5.00%, 06/01/2030

        1,020,710  
  500,000     

5.00%, 05/01/2036

        594,900  
  160,000     

5.50%, 09/01/2020

        165,560  
  240,000     

Washington State Housing Finance Commission
5.00%, 01/01/2055(2)

        260,059  
        

 

 

 
           2,041,229  
        

 

 

 
   West Virginia - 0.3%      
  390,000     

West Virginia State Economic Dev Auth
2.55%, 03/01/2040(1)

        405,003  
        

 

 

 
   Wisconsin - 2.8%      
  

Public Finance Auth, WI

     
  100,000     

5.00%, 09/01/2025(2)

        112,030  
  1,000,000     

5.00%, 07/01/2036

        1,199,510  
  100,000     

5.00%, 10/01/2043(2)

        110,783  
  465,000     

5.00%, 10/01/2044

        558,116  
  700,000     

5.00%, 10/01/2048(2)

        773,486  
  1,000,000     

Univ. of Wisconsin Hospitals & Clinics
5.00%, 04/01/2030

        1,252,240  
  400,000     

Wisconsin Health & Educational Facs Auth
5.00%, 11/15/2033

        400,468  
        

 

 

 
           4,406,633  
        

 

 

 
  

Total Municipal Bonds
(cost $145,880,419)

      $ 152,770,288  
        

 

 

 
  Short-Term Investments - 1.1%  
   Other Investment Pools & Funds - 1.1%      
  1,669,991      Morgan Stanley Institutional Liquidity Funds, Government Portfolio, Institutional Class, 1.69%(5)       $ 1,669,991  
        

 

 

 
  

Total Short-Term Investments
(cost $1,669,991)

      $ 1,669,991  
        

 

 

 
  

Total Investments
(cost $147,550,410)

       98.4%      $ 154,440,279  
  

Other Assets & Liabilities

         1.6%        2,588,597  
     

 

 

    

 

 

 
  

Total Net Assets

     100.0%      $ 157,028,876  
     

 

 

    

 

 

 

 

Note:

Percentage of investments as shown is the ratio of the total market value to total net assets.

The Fund may refer to any one or more of the industry classifications used by one or more widely recognized market indices, ratings group and/or as defined by Fund management. Industry classifications may not be identical across all security types.

For Fund compliance purposes, the Fund may not use the same classification system. These classifications are used for financial reporting purposes.

 

(1)

Variable or floating rate security, which interest rate adjusts periodically based on changes in current interest rates and prepayments on the underlying pool of assets. Rate shown is the rate in effect as of period end.

(2)

Security was purchased pursuant to Rule 144A under the Securities Act of 1933 and may be sold in transactions that are exempt from registration (typically only to qualified institutional buyers) or in a public offering registered under the Securities Act of 1933. At October 31, 2019, the aggregate value of these securities was $2,854,624, representing 1.8% of net assets.

(3)

Security is a zero-coupon bond.

(4)

Security is a “step-up” bond where coupon increases or steps up at a predetermined date. Rate shown is current coupon rate.

(5)

Current yield as of period end.

† For information regarding the Fund’s significant accounting policies, please refer to the Fund’s most recent shareholder report.

 

GLOSSARY: (abbreviations used in preceding Schedule of Investments)
Municipal Abbreviations:
Auth    Authority   
Dev    Development   
Dist    District   
Facs    Facilities   
GO    General Obligation   
Redev    Redevelpoment   
Rev    Revenue   

 

 

    Hartford Municipal Opportunities ETF

 

 

 

Schedule of Investments

October 31, 2019 (Unaudited)

 

Fair Valuation Summary

The following is a summary of the fair valuations according to the inputs used as of October 31, 2019 in valuing the Fund’s investments.

 

Description    Total      Level 1      Level 2      Level 3(1)  
Assets            

Municipal Bonds

   $         152,770,288      $      $ 152,770,288      $  

Short-Term Investments

     1,669,991        1,669,991                
  

 

 

    

 

 

    

 

 

    

 

 

 

Total

   $ 154,440,279      $ 1,669,991      $ 152,770,288      $  
  

 

 

    

 

 

    

 

 

    

 

 

 
  

 

 

    

 

 

    

 

 

    

 

 

 

(1) For the period ended October 31, 2019, there were no transfers in and out of Level 3.

 

 

 

    Hartford Schroders Tax-Aware Bond ETF

 

 

 

Schedule of Investments

October 31, 2019 (Unaudited)

 

Shares or Principal Amount           Market Value  

Corporate Bonds - 18.9%

     
   Agriculture - 0.3%      

$        93,000

  

Altria Group, Inc.
3.80%, 02/14/2024

      $ 97,570  
        

 

 

 
   Commercial Banks - 12.4%      

155,000

  

Bank of New York Mellon Corp.
1.95%, 08/23/2022

        155,355  

235,000

  

Bank of Nova Scotia
2.38%, 01/18/2023

        237,224  

460,000

  

BB&T Corp.
2.20%, 03/16/2023

        462,135  

408,000

  

Canadian Imperial Bank of Commerce
2.61%, 07/22/2023, (2.61% fixed rate until 07/22/2022; 3 mo. USD LIBOR + 0.785% thereafter)(1)

        411,575  

250,000

  

Capital One NA
2.15%, 09/06/2022

        249,913  

114,000

  

Fifth Third Bancorp
3.65%, 01/25/2024

        120,250  

200,000

  

HSBC Holdings plc
3.97%, 05/22/2030, (3.97% fixed rate until 05/22/2029; 3 mo. USD LIBOR + 1.610% thereafter)(1)

        215,958  

265,000

  

PNC Financial Services Group, Inc.
3.50%, 01/23/2024

        280,319  

125,000

  

Regions Financial Corp.
3.80%, 08/14/2023

        132,280  

466,000

  

Royal Bank of Canada
2.80%, 04/29/2022

        475,590  

282,000

  

SunTrust Bank
2.80%, 05/17/2022

        287,364  

527,000

  

Toronto-Dominion Bank
2.65%, 06/12/2024

        539,355  

193,000

  

Wells Fargo & Co.
3.75%, 01/24/2024

        204,227  
        

 

 

 
               3,771,545  
        

 

 

 
   Diversified Financial Services - 0.3%      

100,000

  

Air Lease Corp.
2.25%, 01/15/2023

        99,548  
        

 

 

 
   Healthcare-Services - 1.0%      

75,000

  

CommonSpirit Health
2.76%, 10/01/2024

        76,129  

220,000

  

UnitedHealth Group, Inc.
2.38%, 08/15/2024

        222,982  
        

 

 

 
           299,111  
        

 

 

 
   Pharmaceuticals - 1.2%      

361,000

  

Bristol-Myers Squibb Co.
2.90%, 07/26/2024(2)

        374,109  
        

 

 

 
   Real Estate Investment Trusts - 2.0%      

271,000

  

Boston Properties L.P.
3.40%, 06/21/2029

        285,745  

142,000

  

ERP Operating L.P.
3.00%, 07/01/2029

        147,150  

175,000

  

Ventas Realty L.P.
2.65%, 01/15/2025

        177,271  
        

 

 

 
           610,166  
        

 

 

 
   Retail - 1.3%      

159,000

  

Home Depot, Inc.
2.95%, 06/15/2029

        167,730  

201,000

  

Walmart, Inc.
2.85%, 07/08/2024

        209,914  
        

 

 

 
           377,644  
        

 

 

 
   Transportation - 0.4%      

    118,000

  

United Parcel Service, Inc.
2.20%, 09/01/2024

        119,059  
        

 

 

 
  

Total Corporate Bonds
(cost $5,593,445)

      $     5,748,752  
        

 

 

 

Municipal Bonds - 63.5%

 

   California - 2.3%      

$      425,000

  

City & County of San Francisco, CA
0.93%, 07/01/2057(3)

      $ 425,000  

135,000

  

MSR Public Power Agency, CA
6.00%, 07/01/2022

        146,545  

130,000

  

Pasadena, CA, Independent School Dist, GO
1.13%, 02/01/2035(3)

        130,000  
        

 

 

 
           701,545  
        

 

 

 
   Colorado - 3.0%      

690,000

  

Adams County, CO, School Dist, GO
5.00%, 12/01/2029

        905,777  
        

 

 

 
   Connecticut - 1.0%      

270,000

  

Connecticut Housing Finance Auth
4.25%, 05/15/2042

        296,463  
        

 

 

 
   District of Columbia - 2.0%      

505,000

  

Dist of Columbia, GO
5.00%, 06/01/2036

        614,262  
        

 

 

 
   Florida - 1.8%      

95,000

  

Florida Housing Finance Corp.
4.00%, 07/01/2049

        102,997  

450,000

  

Orlando, FL, Utilities Commission
1.14%, 10/01/2033(3)

        450,000  
        

 

 

 
           552,997  
        

 

 

 
   Georgia - 1.2%      

335,000

  

Main Street, GA, Natural Gas, Inc.
4.00%, 08/01/2048(3)

        363,478  
        

 

 

 
   Illinois - 2.3%      

65,000

  

Chicago, IL, Metropolitan Water Reclamation Dist, GO
5.25%, 12/01/2032

        85,795  

155,000

  

Illinois Housing Dev Auth
4.50%, 10/01/2048

        171,935  

175,000

  

Railsplitter, IL, Tobacco Settlement Auth
5.00%, 06/01/2027

        210,663  

195,000

  

State of Illinois, GO
5.00%, 11/01/2028

        223,065  
        

 

 

 
           691,458  
        

 

 

 
   Indiana - 0.3%      

100,000

  

Indiana Housing & Community Dev Auth
4.00%, 07/01/2048

        108,494  
        

 

 

 
   Iowa - 0.3%      

80,000

  

Iowa Finance Auth
4.00%, 07/01/2048

        86,952  
        

 

 

 
   Kentucky - 3.0%      

600,000

  

Kentucky Public Energy Auth
4.00%, 12/01/2049(3)

        665,694  
  

Kentucky State Property & Building Commission

     

60,000

  

5.00%, 05/01/2024

        69,025  

105,000

  

5.00%, 08/01/2024

        121,551  

40,000

  

5.00%, 05/01/2025

        47,052  
        

 

 

 
           903,322  
        

 

 

 
   Louisiana - 0.4%      

40,000

  

Louisiana Housing Corp.
4.50%, 12/01/2047

        44,237  

    95,000

  

Parish of State John the Baptist, LA
2.10%, 06/01/2037(3)

        95,235  
        

 

 

 
           139,472  
        

 

 

 
   Maine - 0.7%      

195,000

  

Maine State Housing Auth
4.00%, 11/15/2048

        211,347  
        

 

 

 
   Maryland - 2.5%      

205,000

  

Maryland Community Dev Administration
4.50%, 09/01/2048

        227,236  

550,000

  

Maryland Health & Higher Educational Facs Auth
1.05%, 07/01/2034(3)

        550,000  
        

 

 

 
           777,236  
        

 

 

 
   Massachusetts - 6.3%      

745,000

  

Commonwealth of Massachusetts, GO
1.08%, 01/01/2021(3)

        745,000  
   Massachusetts Educational Financing Auth

 

60,000

  

3.17%, 07/01/2025

        63,205  

45,000

  

3.27%, 07/01/2026

        47,968  

50,000

  

3.38%, 07/01/2027

        53,779  

55,000

  

3.46%, 07/01/2028

        59,584  

45,000

  

3.51%, 07/01/2029

        48,905  

910,000

  

Massachusetts Water Resource Auth
1.09%, 08/01/2037(3)

        910,000  
        

 

 

 
               1,928,441  
        

 

 

 
   Michigan - 0.3%      

95,000

  

Michigan State Housing Dev Auth
3.75%, 06/01/2050

        103,486  
        

 

 

 
   Minnesota - 0.5%      

145,000

  

Coon Rapids, MN, Multi-Family Housing Auth Rev
2.20%, 04/01/2021(3)

        145,458  
        

 

 

 
   Missouri - 2.8%      
   Missouri Housing Dev Commission

 

385,000

  

3.88%, 05/01/2050

        422,511  

205,000

  

4.25%, 05/01/2049

        225,635  

175,000

  

4.75%, 05/01/2049

        196,327  
        

 

 

 
           844,473  
        

 

 

 
   Nebraska - 0.4%      

120,000

  

Nebraska Investment Finance Auth Rev
4.00%, 09/01/2048

        130,052  
        

 

 

 
   Nevada - 0.6%      

155,000

  

Nevada Housing Division
4.00%, 10/01/2049

        170,379  
        

 

 

 
   New Jersey - 2.4%      
   New Jersey Economic Dev Auth

 

160,000

  

5.00%, 03/01/2026

        175,045  

90,000

  

5.00%, 11/01/2026

        106,338  
   New Jersey Transportation Trust Fund Auth

 

40,000

  

5.00%, 06/15/2024

        45,898  

150,000

  

5.00%, 12/15/2028

        180,348  

175,000

  

Tobacco Settlement Financing Corp., NJ
5.00%, 06/01/2029

        214,863  
        

 

 

 
           722,492  
        

 

 

 
   New Mexico - 0.4%      

105,000

  

New Mexico Mortgage Finance Auth
4.00%, 01/01/2049

        114,310  
        

 

 

 
   New York - 3.0%      

915,000

  

City of New York, NY, GO
1.10%, 04/01/2042(3)

        915,000  
        

 

 

 
   North Carolina - 2.5%      

    770,000

  

Charlotte, NC, Water & Sewer System Rev
1.16%, 07/01/2036(3)

        770,000  
        

 

 

 
   Ohio - 1.8%      

170,000

  

Ohio Housing Finance Agency
4.50%, 09/01/2048

        188,154  

295,000

  

Ohio Turnpike & Infrastructure Commission
0.00%, 02/15/2041(4)

        159,439  

200,000

  

Ohio Water Dev Auth Water Pollution Control Loan Fund
1.09%, 12/01/2036(3)

        200,000  
        

 

 

 
           547,593  
        

 

 

 
   Pennsylvania - 0.4%      

110,000

  

Geisinger, PA, Health System Auth
5.00%, 02/15/2032

        132,727  
        

 

 

 
   Rhode Island - 0.7%      

205,000

  

Rhode Island Housing & Mortgage Finance Corp.
4.00%, 10/01/2048

        222,745  
        

 

 

 
   South Carolina - 3.0%      

590,000

  

Patriots Energy Group Financing Agency, SC
4.00%, 10/01/2048(3)

        642,215  

230,000

  

South Carolina Jobs-Economic Dev Auth
3.75%, 01/01/2050

        253,092  

10,000

  

Tobacco Settlement Revenue Mgmt Auth, SC
6.38%, 05/15/2030

        14,031  
        

 

 

 
           909,338  
        

 

 

 
   Tennessee - 0.6%      

25,000

  

Metropolitan Gov’t Nashville & Davidson County, TN Health & Educational Facs Bd
4.88%, 11/01/2028

        28,843  

135,000

  

Tennessee Housing Dev Agency
4.50%, 07/01/2049

        149,390  
        

 

 

 
           178,233  
        

 

 

 
   Texas - 8.4%      

70,000

  

Bexar County, TX, Hospital Dist, GO
5.00%, 02/15/2030

        87,352  

110,000

  

Dallas-Fort Worth, TX, International Airport Rev
2.04%, 11/01/2024

        110,261  

250,000

  

Deer Park Independent School Dist, TX
5.00%, 08/15/2028

        319,990  

505,000

  

Harris County, TX, GO
5.00%, 10/01/2038

        616,701  

535,000

  

State of Texas
4.00%, 08/27/2020

        547,214  
   Texas Department of Housing & Community Affairs

 

130,000

  

4.00%, 03/01/2050

        145,103  

105,000

  

4.75%, 03/01/2049

        116,973  

495,000

  

University of Texas, Permanent University Fund
5.00%, 07/01/2027

        608,454  
        

 

 

 
               2,552,048  
        

 

 

 
   Virginia - 4.1%      

490,000

  

Fairfax County, VA, Water Auth
5.00%, 04/01/2029

        615,509  

650,000

  

Virginia Small Business Financing Auth
1.11%, 07/01/2042(3)

        650,000  
        

 

 

 
           1,265,509  
        

 

 

 
   Washington - 4.0%      

700,000

  

State of Washington, GO
5.00%, 08/01/2030

        908,593  

290,000

  

Washington State Housing Finance Commission
4.00%, 12/01/2048

        315,369  
        

 

 

 
           1,223,962  
        

 

 

 
   Wyoming - 0.5%      

            140,000

  

Wyoming Community Dev Auth
4.00%, 06/01/2043

        151,178  
        

 

 

 
  

Total Municipal Bonds
(cost $18,863,233)

      $  19,380,227  
        

 

 

 

U.S. Government Agencies - 13.4%

 

   Mortgage-Backed Agencies - 13.4%      
   FHLMC - 3.9%      

$      426,770

  

3.00%, 06/01/2049

      $ 434,280  

337,126

  

3.00%, 09/01/2049

        342,921  

383,985

  

3.50%, 03/01/2048

        398,336  
        

 

 

 
           1,175,537  
        

 

 

 
   FNMA - 6.0%      

    401,508

  

3.00%, 09/01/2049

        408,394  

649,068

  

3.50%, 11/01/2047

        671,209  

386,304

  

3.50%, 11/01/2048

        395,907  

349,351

  

4.00%, 12/01/2047

        366,445  
        

 

 

 
           1,841,955  
        

 

 

 
   GNMA - 3.5%      

    381,466

  

3.50%, 04/20/2043

        403,265  

314,392

  

4.00%, 10/20/2048

        327,623  

324,241

  

4.00%, 05/20/2049

        337,695  
        

 

 

 
           1,068,583  
        

 

 

 
           4,086,075  
        

 

 

 
  

Total U.S. Government Agencies
(cost $4,021,469)

      $ 4,086,075  
        

 

 

 

U.S. Government Securities - 2.0%

 

   U.S. Treasury Notes - 2.0%      

$      484,875

  

0.75%, 07/15/2028(5)

      $ 510,317  

106,000

  

2.50%, 01/31/2024

        110,202  
        

 

 

 
           620,519  
        

 

 

 
  

Total U.S. Government Securities
(cost $583,220)

      $ 620,519  
        

 

 

 
  

Total Long-Term Investments
(cost $29,061,367)

      $ 29,835,573  
        

 

 

 

Short-Term Investments - 4.0%

 

   Other Investment Pools & Funds - 4.0%      

$   1,227,586

  

Morgan Stanley Institutional Liquidity Funds, Treasury Portfolio, Institutional Class, 1.65%(6)

      $ 1,227,586  
        

 

 

 
  

Total Short-Term Investments
(cost $1,227,586)

      $ 1,227,586  
        

 

 

 
  

Total Investments
(cost $30,288,953)

     101.8%      $ 31,063,159  
  

Other Assets & Liabilities

       (1.8)%        (538,073
     

 

 

    

 

 

 
  

Total Net Assets

     100.0%      $ 30,525,086  
     

 

 

    

 

 

 

 

Note:

Percentage of investments as shown is the ratio of the total market value to total net assets.

The Fund may refer to any one or more of the industry classifications used by one or more widely recognized market indices, ratings group and/or as defined by Fund management. Industry classifications may not be identical across all security types.

For Fund compliance purposes, the Fund may not use the same classification system. These classifications are used for financial reporting purposes.

 

(1)

Fixed to variable rate investment. The rate shown reflects the fixed rate in effect at October 31, 2019. Rate will reset at a future date. Base lending rates may be subject to a floor or cap.

 

  Hartford Schroders Tax-Aware Bond ETF

 

 

 

Schedule of Investments – (continued)

October 31, 2019 (Unaudited)

 

  (2)

Security was purchased pursuant to Rule 144A under the Securities Act of 1933 and may be sold in transactions that are exempt from registration (typically only to qualified institutional buyers) or in a public offering registered under the Securities Act of 1933. At October 31, 2019, the aggregate value of this security was $374,109, representing 1.2% of net assets.

  (3)

Variable or floating rate security, which interest rate adjusts periodically based on changes in current interest rates and prepayments on the underlying pool of assets. Rate shown is the rate in effect as of period end.

  (4)

Security is a zero-coupon bond.

  (5)

The principal amount for this security is adjusted for inflation and the interest payments equal a fixed percentage of the inflation-adjusted principal amount.

  (6)

Current yield as of period end.

 

Futures Contracts Outstanding at October 31, 2019  
Description    Number
of
Contracts
     Expiration Date      Current
Notional
Amount
     Value and
Unrealized
Appreciation/
(Depreciation)
 
   

Short position contracts:

 

U.S. Treasury 2-Year Note Future

     4        12/31/2019      $           862,406      $ (312

U.S. Treasury 5-Year Note Future

     4        12/31/2019        476,813        (813

U.S. Treasury 10-Year Note Future

     2        12/19/2019        260,594        (656
           

 

 

 

Total

 

   $ (1,781
           

 

 

 
  
           

 

 

 

Total futures contracts

 

   $ (1,781
           

 

 

 

  † For information regarding the Fund’s significant accounting policies, please refer to the Fund’s most recent shareholder report.

GLOSSARY: (abbreviations used in preceding Schedule of Investments)

  

Currency Abbreviations:

       

USD

   United States Dollar   

Other Abbreviations:

       

FHLMC

   Federal Home Loan Mortgage Corp.   

FNMA

   Federal National Mortgage Association   

GNMA

   Government National Mortgage Association   

LIBOR

   London Interbank Offered Rate   

Municipal Abbreviations:

       

Auth

   Authority   

Dev

   Development   

Dist

   District   

Facs

   Facilities   

GO

   General Obligation   

Rev

   Revenue   

 

 

    Hartford Schroders Tax-Aware Bond ETF

 

 

 

Schedule of Investments

October 31, 2019 (Unaudited)

 

Fair Valuation Summary

The following is a summary of the fair valuations according to the inputs used as of October 31, 2019 in valuing the Fund’s investments.

 

Description    Total     Level 1     Level 2      Level 3(1)  

Assets

 

Corporate Bonds

   $ 5,748,752     $     $ 5,748,752      $             —  

Municipal Bonds

     19,380,227             19,380,227         

U.S. Government Agencies

     4,086,075             4,086,075         

U.S. Government Securities

     620,519             620,519         

Short-Term Investments

     1,227,586       1,227,586               
  

 

 

   

 

 

   

 

 

    

 

 

 

Total

   $         31,063,159     $         1,227,586     $         29,835,573      $  
  

 

 

   

 

 

   

 

 

    

 

 

 

Liabilities

 

Futures Contracts(2)

   $ (1,781   $ (1,781   $      $  
  

 

 

   

 

 

   

 

 

    

 

 

 

Total

   $ (1,781   $ (1,781   $      $  
  

 

 

   

 

 

   

 

 

    

 

 

 

(1) For the period ended October 31, 2019, there were no transfers in and out of Level 3.

(2) Derivative instruments (excluding purchased and written options, if applicable) are valued at the unrealized appreciation/(depreciation) on the investments.

 

 

    Hartford Short Duration ETF

 

 

 

Schedule of Investments

October 31, 2019 (Unaudited)

 

Shares or Principal Amount

         Market Value  
 

Asset & Commercial Mortgage Backed Securities - 11.1%

 
   Asset-Backed - Automobile - 0.3%     
  $      308,439     

Chesapeake Funding LLC
3.39%, 01/15/2031(1)

     $ 314,276  
       

 

 

 
   Asset-Backed - Finance & Insurance - 2.7%     
  279,300     

DB Master Finance LLC
3.79%, 05/20/2049(1)

       287,201  
  111,631     

Finance of America Structured Securities Trust
3.38%, 09/25/2028(1)(2)

       111,490  
  78,190     

NRZ Excess Spread-Collateralized Notes
3.19%, 01/25/2023(1)

       78,539  
  248,882     

OBX Trust
4.00%, 11/25/2048(1)(2)

       250,543  
  297,000     

Planet Fitness Master Issuer LLC
4.26%, 09/05/2048(1)

       303,216  
  

Regional Management Issuance Trust

    
  100,000     

3.83%, 07/15/2027(1)

       100,652  
  275,000     

4.56%, 01/18/2028(1)

       281,303  
  43,534     

SoFi Consumer Loan Program LLC
3.28%, 01/26/2026(1)

       43,871  
  400,000     

Symphony CLO Ltd.
2.95%, 07/14/2026, 3 mo. USD LIBOR + 0.950%(1)(3)

       399,996  
  

Towd Point Mortgage Trust

    
  281,089     

2.75%, 10/25/2057(1)(2)

       283,430  
  80,908     

3.75%, 05/25/2058(1)(2)

       84,048  
  

Vantage Data Centers Issuer LLC

    
  224,625     

3.19%, 07/15/2044(1)

       227,922  
  336,883     

4.20%, 11/16/2043(1)

       349,295  
  338,300     

Wingstop Funding LLC
4.97%, 12/05/2048(1)

       352,668  
       

 

 

 
          3,154,174  
       

 

 

 
   Collateralized - Mortgage Obligations - 0.5%     
  480,000     

FREMF Mortgage Trust
3.26%, 05/25/2045(1)(2)

       479,333  
  125,000     

Natixis Commercial Mortgage Securities Trust
2.51%, 10/15/2036(1)

       125,461  
       

 

 

 
          604,794  
       

 

 

 
   Commercial Mortgage - Backed Securities - 0.7%     
  375,000     

GS Mortgage Securities Trust
2.78%, 10/10/2049

       384,718  
  398,300     

New Residential Mortgage Loan Trust
3.99%, 11/25/2048(1)(2)

       404,215  
       

 

 

 
          788,933  
       

 

 

 
   Other ABS - 1.3%     
  224,693     

Barings BDC Static CLO Ltd.
3.02%, 04/15/2027, 3 mo. USD LIBOR + 1.020%(1)(3)

       224,612  
  102,969     

Finance of America Structured Securities Trust
3.28%, 04/25/2029(1)(2)

       103,694  
  679,863     

Taco Bell Funding LLC
4.32%, 11/25/2048(1)

       698,810  
  332,901     

Towd Point Mortgage Trust
3.25%, 07/25/2058(1)(2)

       341,211  
  76,990     

VOLT LXXI LLC
3.97%, 09/25/2048(1)(4)

       77,384  
       

 

 

 
          1,445,711  
       

 

 

 
   Whole Loan Collateral CMO - 5.6%     
  

Angel Oak Mortgage Trust LLC

    
  396,709     

2.99%, 07/26/2049(1)(2)

       399,611  
  61,710     

3.67%, 07/27/2048(1)(2)

       62,358  
  460,429     

Arroyo Mortgage Trust
2.96%, 10/25/2048(1)(2)

       464,207  
      274,781     

Bellemeade Re Ltd.
3.02%, 10/25/2028, 1 mo. USD LIBOR + 1.200%(1)(3)

       274,912  
  109,276     

Bunker Hill Loan Depositary Trust
3.61%, 10/26/2048(1)(4)

       110,657  
  250,000     

Colombia Cent CLO Ltd.
3.09%, 10/25/2028, 3 mo. USD LIBOR + 1.150%(1)(3)

       250,084  
  

COLT Mortgage Loan Trust

 

  199,178     

2.76%, 08/25/2049(1)(2)

       199,835  
  39,314     

3.47%, 07/27/2048(1)(2)

       39,478  
  64,299     

3.69%, 10/26/2048(1)(2)

       64,751  
  340,503     

4.01%, 12/28/2048(1)(2)

       344,615  
  179,393     

CSMC Trust
4.13%, 07/25/2058(1)(2)

       181,067  
  282,743     

Deephaven Residential Mortgage Trust
3.79%, 08/25/2058(1)(2)

       284,879  
  466,107     

Fannie Mae Connecticut Avenue Securities
7.72%, 10/25/2028, 1 mo. USD LIBOR + 5.900%(3)

       502,972  
  160,241     

Flagstar Mortgage Trust
4.00%, 09/25/2048(1)(2)

       161,810  
  158,184     

Home Re Ltd.
3.42%, 10/25/2028, 1 mo. USD LIBOR + 1.600%(1)

       158,266  
  114,862     

LSTAR Securities Investment Trust
3.53%, 04/01/2024, 1 mo. USD LIBOR + 1.500%(1)(3)

       114,485  
  

Mill City Mortgage Loan Trust

 

  76,470     

3.25%, 05/25/2062(1)(2)

       78,145  
  75,814     

3.50%, 05/25/2058(1)(2)

       77,578  
  259,694     

3.50%, 08/25/2058(1)(2)

       267,269  
  200,000     

New Residential Advance Receivables Trust
2.43%, 10/15/2051(1)

       200,000  
  70,950     

New Residential Mortgage LLC
3.79%, 07/25/2054(1)

       72,212  
  

New Residential Mortgage Loan Trust

 

  360,923     

2.57%, 01/25/2048, 1 mo. USD LIBOR + 0.750%(1)(3)

       360,022  
  408,695     

4.00%, 02/25/2057(1)(2)

       428,952  
  145,450     

4.00%, 09/25/2057(1)(2)

       150,280  
  470,000     

NRZ Advance Receivables Trust
2.59%, 07/15/2052(1)

       472,688  
  

Sequoia Mortgage Trust

 

  57,264     

4.00%, 09/25/2048(1)(2)

       57,825  
  58,583     

4.50%, 08/25/2048(1)(2)

       60,883  
  205,405     

Spruce Hill Mortgage Loan Trust
3.40%, 04/29/2049(1)(2)

       206,984  
  59,549     

Verus Securitization Trust
3.68%, 06/01/2058(1)(2)

       59,924  
  265,648     

Wells Fargo Mortgage Backed Securities Trust
4.00%, 04/25/2049(1)(2)

       267,628  
       

 

 

 
          6,374,377  
       

 

 

 
  

Total Asset & Commercial Mortgage Backed Securities
(cost $12,522,107)

     $     12,682,265  
       

 

 

 
 

Corporate Bonds - 59.9%

 
   Aerospace/Defense - 0.6%     
  $      300,000     

L3Harris Technologies, Inc.
3.85%, 06/15/2023(1)

     $ 316,813  
  350,000     

United Technologies Corp.
3.65%, 08/16/2023

       370,218  
       

 

 

 
          687,031  
       

 

 

 
   Agriculture - 0.6%     
  250,000     

Altria Group, Inc.
3.49%, 02/14/2022

       257,017  
  450,000     

BAT Capital Corp.
2.79%, 09/06/2024

       447,704  
       

 

 

 
          704,721  
       

 

 

 
   Auto Manufacturers - 1.3%     
  

Ford Motor Credit Co. LLC

 

      275,000     

3.35%, 11/01/2022

       275,820  
  250,000     

8.13%, 01/15/2020

       252,677  
  

General Motors Financial Co., Inc.

    
  125,000     

3.15%, 06/30/2022

       126,949  
  200,000     

3.45%, 04/10/2022

       203,864  
  75,000     

Harley-Davidson Financial Services, Inc.
3.55%, 05/21/2021(1)

       76,086  
  

Hyundai Capital America

    
  100,000     

2.60%, 03/19/2020(1)

       100,149  
  50,000     

4.13%, 06/08/2023(1)

       52,409  
  400,000     

Volkswagen Group of America Finance LLC
4.25%, 11/13/2023(1)

       428,590  
       

 

 

 
          1,516,544  
       

 

 

 
   Beverages - 0.7%     
  150,000     

Anheuser-Busch InBev Worldwide, Inc.
4.15%, 01/23/2025

       163,989  
  

Constellation Brands, Inc.

    
  175,000     

2.65%, 11/07/2022

       177,679  
  100,000     

2.70%, 05/09/2022

       101,264  
  100,000     

3.20%, 02/15/2023

       102,965  
  300,000     

Molson Coors Brewing Co.
2.10%, 07/15/2021

       300,207  
       

 

 

 
          846,104  
       

 

 

 
   Biotechnology - 0.1%     
  150,000     

Celgene Corp.
2.88%, 02/19/2021

       151,619  
       

 

 

 
   Chemicals - 1.6%     
  

Celanese U.S. Holdings LLC

    
  80,000     

3.50%, 05/08/2024

       82,592  
  280,000     

4.63%, 11/15/2022

       297,404  
  425,000     

DuPont de Nemours, Inc.
4.21%, 11/15/2023

       455,354  
  450,000     

Eastman Chemical Co.
3.50%, 12/01/2021

       461,389  
  225,000     

International Flavors & Fragrances, Inc.
3.40%, 09/25/2020

       227,498  
  300,000     

Sherwin-Williams Co.
4.20%, 01/15/2022

       312,788  
       

 

 

 
          1,837,025  
       

 

 

 
   Commercial Banks - 16.6%     
  200,000     

ABN Amro Bank N.V.
3.40%, 08/27/2021(1)

       204,714  
  

Bank of America Corp.

    
  300,000     

2.50%, 10/21/2022

       302,793  
  250,000     

4.00%, 04/01/2024

       268,507  
  345,000     

Bank of Montreal
2.05%, 11/01/2022

       345,268  
  400,000     

Barclays plc
3.25%, 01/12/2021

       404,341  
  250,000     

BBVA USA
3.50%, 06/11/2021

       254,706  
  200,000     

BNP Paribas S.A.
3.50%, 03/01/2023(1)

       207,628  
  

BPCE S.A.

    
  250,000     

3.00%, 05/22/2022(1)

       254,233  
  250,000     

4.00%, 09/12/2023(1)

       264,065  
  250,000     

Canadian Imperial Bank of Commerce
3.50%, 09/13/2023

       263,745  
  200,000     

Capital One Financial Corp.
3.05%, 03/09/2022

       203,873  
  

CIT Group, Inc.

    
  135,000     

5.00%, 08/15/2022

       143,514  
  340,000     

5.00%, 08/01/2023

       366,350  
      525,000     

Citibank NA
3.17%, 02/19/2022, (3.17% fixed rate until 02/19/2021; 3 mo. USD LIBOR + 0.530% thereafter)(5)

       532,837  
  200,000     

Citigroup, Inc.
2.90%, 12/08/2021

       203,383  
  250,000     

Citizens Bank NA
3.70%, 03/29/2023

       262,478  
  275,000     

Citizens Financial Group, Inc.
2.38%, 07/28/2021

       276,197  
  300,000     

Comerica, Inc.
3.70%, 07/31/2023

       316,466  
  300,000     

Cooperatieve Rabobank UA
3.88%, 09/26/2023(1)

       318,183  
  305,000     

Credit Suisse Group AG
2.59%, 09/11/2025, (2.59% fixed rate until 09/11/2024; 3 mo. USD SOFR + 1.560% thereafter)(1)(5)

       303,947  
  250,000     

3.57%, 01/09/2023(1)

       256,367  
   Danske Bank A/S     
  200,000     

3.88%, 09/12/2023(1)

       207,915  
  390,000     

5.00%, 01/12/2022(1)

       410,900  
  100,000     

Deutsche Bank AG
4.25%, 10/14/2021

       102,788  
  

Discover Bank

 

  250,000     

2.45%, 09/12/2024

       250,444  
  250,000     

3.10%, 06/04/2020

       251,410  
  

Fifth Third Bancorp

 

  150,000     

2.38%, 01/28/2025

       150,704  
  350,000     

2.60%, 06/15/2022

       353,994  
  

Goldman Sachs Group, Inc.

 

  300,000     

2.35%, 11/15/2021

       301,093  
  300,000     

3.00%, 04/26/2022

       303,978  
  250,000     

5.25%, 07/27/2021

       263,535  
  200,000     

5.75%, 01/24/2022

       215,522  
  

HSBC Holdings plc

 

  350,000     

2.63%, 11/07/2025

       350,000  
  200,000     

2.95%, 05/25/2021

       202,725  
  300,000     

Huntington Bancshares, Inc.
2.30%, 01/14/2022

       301,684  
  575,000     

ING Groep N.V.
4.10%, 10/02/2023

       612,666  
  

Intesa Sanpaolo S.p.A.

 

  200,000     

3.13%, 07/14/2022(1)

       201,454  
  400,000     

3.25%, 09/23/2024(1)

       402,628  
  400,000     

JP Morgan Chase & Co.
2.30%, 10/15/2025, (2.30% fixed rate until 10/15/2024; 3 mo. USD SOFR + 1.160% thereafter)(5)

       399,186  
  300,000      2.97%, 01/15/2023        305,809  
  250,000     

KeyBank NA
2.40%, 06/09/2022

       252,468  
  225,000     

KeyCorp
5.10%, 03/24/2021

       234,240  
  400,000     

Macquarie Bank Ltd.
2.10%, 10/17/2022(1)

       399,189  
  200,000     

Macquarie Group Ltd.
3.19%, 11/28/2023, (3.19% fixed rate until 11/28/2022; 3 mo. USD LIBOR + 1.023% thereafter)(1)(5)

       204,252  
  490,000     

Mitsubishi UFJ Financial Group, Inc.
2.62%, 07/18/2022

       496,005  
  250,000     

Mizuho Financial Group, Inc.
2.72%, 07/16/2023, (2.72% fixed rate until 07/16/2022; 3 mo. USD LIBOR + 0.840% thereafter)(5)

       252,717  
   Morgan Stanley     
  325,000     

2.63%, 11/17/2021

       328,689  
  325,000     

2.75%, 05/19/2022

       330,020  
  275,000     

National Bank of Canada
2.15%, 10/07/2022(1)

       275,420  
      350,000     

NatWest Markets plc
3.63%, 09/29/2022(1)

       362,753  
  

Regions Financial Corp.

    
  200,000     

2.75%, 08/14/2022

       203,726  
  250,000     

3.20%, 02/08/2021

       253,457  
  525,000     

Royal Bank of Canada
3.70%, 10/05/2023

       556,176  
  

Santander Holdings USA, Inc.

    
  275,000     

3.50%, 06/07/2024

       282,833  
  125,000     

3.70%, 03/28/2022

       128,500  
  

Santander UK plc

    
  275,000     

2.13%, 11/03/2020

       275,488  
  200,000     

3.40%, 06/01/2021

       204,295  
  

Standard Chartered plc

    
  200,000     

2.25%, 04/17/2020(1)

       199,969  
  330,000     

2.74%, 09/10/2022, (2.74% fixed rate until 09/10/2021; 3 mo. USD LIBOR + 1.200% thereafter)(1)(5)

       331,494  
  375,000     

4.25%, 01/20/2023, (4.25% fixed rate until 01/20/2022; 3 mo. USD LIBOR + 1.150% thereafter)(1)(5)

       388,632  
  225,000     

SunTrust Banks, Inc.
2.70%, 01/27/2022

       228,067  
  400,000     

Toronto-Dominion Bank
1.90%, 12/01/2022

       398,980  
  

UniCredit S.p.A.

    
  200,000     

3.75%, 04/12/2022(1)

       204,868  
  350,000     

6.57%, 01/14/2022(1)

       376,808  
  

Wells Fargo & Co.

    
  100,000     

3.16%, 10/31/2023, 3 mo. USD LIBOR + 1.230%(3)

       101,752  
  155,000     

3.75%, 01/24/2024

       164,016  
       

 

 

 
          18,976,844  
       

 

 

 
   Commercial Services - 1.0%     
  280,000     

ERAC USA Finance LLC
2.60%, 12/01/2021(1)

       282,073  
  255,000     

Global Payments, Inc.
2.65%, 02/15/2025

       258,137  
  

IHS Markit Ltd.

    
  60,000     

4.13%, 08/01/2023

       63,380  
  250,000     

5.00%, 11/01/2022(1)

       267,242  
  300,000     

Total System Services, Inc.
3.80%, 04/01/2021

       306,335  
       

 

 

 
          1,177,167  
       

 

 

 
   Construction Materials - 0.3%     
  350,000     

Fortune Brands Home & Security, Inc.
4.00%, 09/21/2023

       370,565  
       

 

 

 
   Diversified Financial Services - 3.3%     
  150,000     

AerCap Ireland Capital DAC / AerCap Global Aviation Trust
4.13%, 07/03/2023

       157,790  
  300,000     

AIG Global Funding
2.70%, 12/15/2021(1)

       304,233  
  

Air Lease Corp.

    
  75,000     

2.13%, 01/15/2020

       74,988  
  75,000     

2.63%, 07/01/2022

       75,699  
  375,000     

3.50%, 01/15/2022

       385,641  
  

Aircastle Ltd.

    
  165,000     

5.13%, 03/15/2021

       170,792  
  250,000     

7.63%, 04/15/2020

       255,900  
  325,000     

Ally Financial, Inc.
3.88%, 05/21/2024

       339,430  
  300,000     

CNA Financial Corp.
7.25%, 11/15/2023

       352,154  
  375,000     

Credit Agricole S.A.
2.38%, 07/01/2021(1)

       378,122  
  400,000     

GE Capital International Funding Co.
2.34%, 11/15/2020

       399,750  
      275,000     

LeasePlan Corp. N.V.
2.88%, 10/24/2024(1)

       275,649  
  

Synchrony Financial

    
  300,000     

2.70%, 02/03/2020

       300,256  
  180,000     

2.85%, 07/25/2022

       182,079  
  95,000     

4.38%, 03/19/2024

       101,040  
       

 

 

 
          3,753,523  
       

 

 

 
   Electric - 4.1%     
  175,000     

AEP Texas, Inc.
2.40%, 10/01/2022

       176,707  
  450,000     

CenterPoint Energy, Inc.
3.85%, 02/01/2024

       476,611  
  

Dominion Energy, Inc.

    
  125,000     

2.75%, 01/15/2022

       126,700  
  200,000     

3.07%, 08/15/2024(4)

       205,932  
  335,000     

Duquesne Light Holdings, Inc.
6.40%, 09/15/2020(1)

       346,257  
  

Edison International

    
  200,000     

2.40%, 09/15/2022

       195,432  
  250,000     

2.95%, 03/15/2023

       247,078  
  250,000     

EDP Finance B.V.
5.25%, 01/14/2021(1)

       258,412  
  50,000     

Emera U.S. Finance L.P.
2.70%, 06/15/2021

       50,441  
  

Enel Finance International N.V.

    
  400,000     

2.88%, 05/25/2022(1)

       405,179  
  250,000     

4.25%, 09/14/2023(1)

       265,623  
  330,000     

Evergy, Inc.
2.45%, 09/15/2024

       331,949  
  165,000     

Eversource Energy
3.80%, 12/01/2023

       174,774  
  

Exelon Corp.

    
  125,000     

3.50%, 06/01/2022

       128,631  
  125,000     

5.15%, 12/01/2020

       128,175  
  150,000     

FirstEnergy Corp.
2.85%, 07/15/2022

       152,800  
  300,000     

Fortis, Inc.
2.10%, 10/04/2021

       299,783  
  175,000     

ITC Holdings Corp.
2.70%, 11/15/2022

       177,657  
  105,000     

Potomac Electric Power Co.
3.05%, 04/01/2022

       107,642  
  250,000     

Public Service Enterprise Group, Inc.
2.65%, 11/15/2022

       254,202  
  150,000     

Southwestern Electric Power Co.
3.55%, 02/15/2022

       154,043  
       

 

 

 
          4,664,028  
       

 

 

 
   Entertainment - 0.1%     
  100,000     

Eldorado Resorts, Inc.
7.00%, 08/01/2023

       104,375  
       

 

 

 
   Environmental Control - 0.4%     
  250,000     

Republic Services, Inc.
2.50%, 08/15/2024

       254,168  
  170,000     

Waste Management, Inc.
2.95%, 06/15/2024

       176,220  
       

 

 

 
          430,388  
       

 

 

 
   Food - 1.4%     
  

Conagra Brands, Inc.

    
  540,000     

3.80%, 10/22/2021

       557,531  
  225,000     

4.30%, 05/01/2024

       241,403  
  450,000     

Danone S.A.
3.00%, 06/15/2022(1)

       460,637  
  50,000     

Kroger Co.
3.85%, 08/01/2023

       52,839  
      300,000     

Tyson Foods, Inc.
2.25%, 08/23/2021

       301,476  
       

 

 

 
          1,613,886  
       

 

 

 
   Forest Products & Paper - 0.1%     
  150,000     

Georgia-Pacific LLC
5.40%, 11/01/2020(1)

       155,023  
       

 

 

 
   Gas - 0.1%     
  150,000     

CenterPoint Energy Resources Corp.
4.50%, 01/15/2021

       153,506  
       

 

 

 
   Healthcare-Products - 0.2%     
  180,000     

Boston Scientific Corp.
3.45%, 03/01/2024

       188,960  
       

 

 

 
   Healthcare-Services - 1.3%     
  

Anthem, Inc.

    
  205,000     

2.38%, 01/15/2025

       204,875  
  175,000     

2.95%, 12/01/2022

       179,065  
  325,000     

Centene Corp.
4.75%, 05/15/2022

       331,906  
  605,000     

CommonSpirit Health
2.76%, 10/01/2024

       614,111  
  150,000     

Laboratory Corp. of America Holdings
3.20%, 02/01/2022

       153,313  
       

 

 

 
              1,483,270  
       

 

 

 
   Home Builders - 0.2%     
  175,000     

Toll Brothers Finance Corp.
5.88%, 02/15/2022

       186,156  
       

 

 

 
   Household Products/Wares - 0.3%     
  315,000     

Church & Dwight Co., Inc.
2.88%, 10/01/2022

       321,335  
       

 

 

 
   Insurance - 2.0%     
  125,000     

Assurant, Inc.
4.20%, 09/27/2023

       130,667  
  75,000     

Jackson National Life Global Funding
2.50%, 06/27/2022(1)

       75,823  
  

Liberty Mutual Group, Inc.

    
  250,000     

4.95%, 05/01/2022(1)

       265,711  
  275,000     

5.00%, 06/01/2021(1)

       285,190  
  165,000     

Marsh & McLennan Cos., Inc.
3.88%, 03/15/2024

       176,170  
  100,000     

Principal Financial Group, Inc.
3.13%, 05/15/2023

       103,224  
  

Protective Life Global Funding

    
  150,000     

2.70%, 11/25/2020(1)

       151,037  
  150,000     

3.40%, 06/28/2021(1)

       153,391  
  250,000     

Reinsurance Group of America, Inc.
5.00%, 06/01/2021

       260,983  
  350,000     

Torchmark Corp.
7.88%, 05/15/2023

       415,554  
  200,000     

Willis North America, Inc.
3.60%, 05/15/2024

       209,316  
       

 

 

 
          2,227,066  
       

 

 

 
   Internet - 0.3%     
  75,000     

Netflix, Inc.
5.50%, 02/15/2022

       79,500  
  200,000     

Tencent Holdings Ltd.
2.99%, 01/19/2023(1)

       203,665  
       

 

 

 
          283,165  
       

 

 

 
   Iron/Steel - 0.6%     
  200,000     

ArcelorMittal
6.25%, 02/25/2022

       216,278  
  

Steel Dynamics, Inc.

    
  250,000     

5.13%, 10/01/2021

       250,875  
      250,000     

5.25%, 04/15/2023

       255,000  
       

 

 

 
          722,153  
       

 

 

 
   IT Services - 1.0%     
  

Hewlett Packard Enterprise Co.

    
  400,000     

2.25%, 04/01/2023

       399,699  
  250,000     

3.50%, 10/05/2021

       256,655  
  500,000     

International Business Machines Corp.
3.00%, 05/15/2024

       519,263  
       

 

 

 
              1,175,617  
       

 

 

 
   Lodging - 1.0%     
  450,000     

Las Vegas Sands Corp.
3.20%, 08/08/2024

       460,442  
  

Marriott International, Inc.

    
  210,000     

2.13%, 10/03/2022

       210,174  
  225,000     

2.30%, 01/15/2022

       226,110  
  250,000     

MGM Resorts International
6.00%, 03/15/2023

       275,705  
       

 

 

 
          1,172,431  
       

 

 

 
   Machinery-Diversified - 0.4%     
  75,000     

CNH Industrial Capital LLC
4.38%, 11/06/2020

       76,518  
  

Roper Technologies, Inc.

    
  275,000     

2.35%, 09/15/2024

       276,667  
  100,000     

3.65%, 09/15/2023

       105,279  
       

 

 

 
          458,464  
       

 

 

 
   Media - 1.8%     
  100,000     

CBS Corp.
2.90%, 06/01/2023

       101,794  
  250,000     

CCO Holdings LLC / CCO Holdings Capital Corp.
5.13%, 05/01/2023(1)

       255,937  
  

Charter Communications Operating LLC / Charter Communications Operating Capital

    
  225,000     

3.58%, 07/23/2020

       226,921  
  200,000     

4.50%, 02/01/2024

       215,128  
  345,000     

Comcast Corp.
3.70%, 04/15/2024

       368,972  
  

Cox Communications, Inc.

    
  145,000     

2.95%, 06/30/2023(1)

       148,170  
  134,000     

3.15%, 08/15/2024(1)

       138,578  
  196,000     

Discovery Communications LLC
3.25%, 04/01/2023

       201,702  
  

Fox Corp.

    
  50,000     

3.67%, 01/25/2022(1)

       51,760  
  65,000     

4.03%, 01/25/2024(1)

       69,464  
  225,000     

Videotron Ltd.
5.00%, 07/15/2022

       236,813  
       

 

 

 
          2,015,239  
       

 

 

 
   Mining - 0.5%     
  

Anglo American Capital plc

    
  200,000     

3.75%, 04/10/2022(1)

       205,225  
  200,000     

4.13%, 04/15/2021(1)

       204,296  
  100,000     

Glencore Funding LLC
3.00%, 10/27/2022(1)

       100,965  
       

 

 

 
          510,486  
       

 

 

 
   Miscellaneous Manufacturing - 0.4%     
  150,000     

Parker-Hannifin Corp.
2.70%, 06/14/2024

       152,749  
  250,000     

Pentair Finance S.a.r.l.
2.65%, 12/01/2019

       250,064  
       

 

 

 
          402,813  
       

 

 

 
   Office/Business Equipment - 0.7%     
      350,000     

Pitney Bowes, Inc.
4.13%, 09/15/2020

       353,500  
  400,000     

Xerox Corp.
2.75%, 09/01/2020

       399,000  
       

 

 

 
          752,500  
       

 

 

 
   Oil & Gas - 2.4%     
  275,000     

Aker BP ASA
4.75%, 06/15/2024(1)

       286,000  
  150,000     

Canadian Natural Resources Ltd.
3.45%, 11/15/2021

       153,902  
  400,000     

Cimarex Energy Co.
4.38%, 06/01/2024

       419,078  
  250,000     

Eni S.p.A.
4.00%, 09/12/2023(1)

       264,432  
  100,000     

EQT Corp.
2.50%, 10/01/2020

       99,897  
  

Occidental Petroleum Corp.

    
  450,000     

2.70%, 08/15/2022

       454,739  
  325,000     

2.90%, 08/15/2024

       327,959  
  219,000     

4.85%, 03/15/2021

       226,354  
EUR  215,000     

Petroleos Mexicanos
3.13%, 11/27/2020(6)

       246,461  
  $      300,000     

Pioneer Natural Resources Co.
3.45%, 01/15/2021

       304,614  
       

 

 

 
          2,783,436  
       

 

 

 
   Pharmaceuticals - 2.8%     
  

AbbVie, Inc.

    
  75,000     

2.30%, 05/14/2021

       75,425  
  250,000     

3.75%, 11/14/2023

       263,592  
  200,000     

Allergan Funding SCS
3.45%, 03/15/2022

       204,930  
  200,000     

Bayer U.S. Finance LLC
3.50%, 06/25/2021(1)

       203,999  
  125,000     

Cardinal Health, Inc.
3.20%, 06/15/2022

       127,896  
  

Cigna Corp.

    
  150,000     

3.20%, 09/17/2020

       151,554  
  240,000     

3.75%, 07/15/2023

       251,409  
  100,000     

4.00%, 02/15/2022(1)

       103,490  
  100,000     

CVS Health Corp.
2.63%, 08/15/2024

       101,083  
  

Elanco Animal Health, Inc.

    
  450,000     

3.91%, 08/27/2021

       462,054  
  105,000     

4.27%, 08/28/2023

       109,984  
  420,000     

McKesson Corp.
3.65%, 11/30/2020

       427,203  
  

Mylan N.V.

    
  100,000     

3.15%, 06/15/2021

       101,256  
  125,000     

3.75%, 12/15/2020

       126,676  
  300,000     

Teva Pharmaceutical Finance LLC
2.25%, 03/18/2020

       296,250  
  250,000     

Teva Pharmaceutical Finance Netherlands B.V.
2.20%, 07/21/2021

       237,005  
       

 

 

 
          3,243,806  
       

 

 

 
   Pipelines - 3.0%     
  

Energy Transfer Operating L.P.

    
  120,000     

4.20%, 09/15/2023

       126,813  
  135,000     

4.50%, 04/15/2024

       144,126  
  100,000     

4.65%, 06/01/2021

       102,985  
  150,000     

Enterprise Products Operating LLC
4.05%, 02/15/2022

       156,770  
  275,000     

EQM Midstream Partners L.P.
4.75%, 07/15/2023

       272,119  
  

Kinder Morgan Energy Partners L.P.

    
      175,000     

3.95%, 09/01/2022

       182,464  
  150,000     

4.15%, 03/01/2022

       156,589  
  

MPLX L.P.

    
  95,000     

3.00%, 09/09/2021, 3 mo. USD LIBOR + 0.900%(3)

       95,382  
  100,000     

3.38%, 03/15/2023

       102,710  
  200,000     

3.50%, 12/01/2022(1)

       205,853  
  450,000     

Phillips 66 Partners L.P.
2.45%, 12/15/2024

       449,072  
  250,000     

Southern Natural Gas Co. LLC / Southern Natural Issuing Corp.
4.40%, 06/15/2021

       257,191  
  200,000     

Sunoco Logistics Partners Operations L.P.
4.40%, 04/01/2021

       205,553  
  650,000     

Western Midstream Operating L.P.
4.00%, 07/01/2022

       660,181  
  262,000     

Williams Cos., Inc.
4.30%, 03/04/2024

       278,260  
       

 

 

 
          3,396,068  
       

 

 

 
   Real Estate Investment Trusts - 2.3%     
  

American Tower Corp.

    
  200,000     

3.30%, 02/15/2021

       203,025  
  150,000     

3.38%, 05/15/2024

       156,405  
  100,000     

5.00%, 02/15/2024

       110,633  
  

Brandywine Operating Partnership L.P.

    
  250,000     

3.95%, 02/15/2023

       260,779  
  265,000     

4.10%, 10/01/2024

       279,948  
  

Crown Castle International Corp.

    
  300,000     

3.15%, 07/15/2023

       307,462  
  100,000     

5.25%, 01/15/2023

       109,228  
  200,000     

Liberty Property L.P.
4.13%, 06/15/2022

       210,042  
  150,000     

Realty Income Corp.
3.25%, 10/15/2022

       155,350  
  155,000     

SBA Tower Trust
2.84%, 01/15/2025(1)

       156,541  
  100,000     

Simon Property Group L.P.
2.75%, 06/01/2023

       102,405  
  400,000     

Ventas Realty L.P.
2.65%, 01/15/2025

       405,191  
  200,000     

Welltower, Inc.
3.95%, 09/01/2023

       212,467  
       

 

 

 
          2,669,476  
       

 

 

 
   Retail - 0.8%     
  250,000     

AutoNation, Inc.
3.35%, 01/15/2021

       252,966  
  

CVS Health Corp.

    
  160,000     

3.35%, 03/09/2021

       162,829  
  300,000     

3.70%, 03/09/2023

       312,782  
  150,000     

Dollar Tree, Inc.
3.70%, 05/15/2023

       156,979  
       

 

 

 
          885,556  
       

 

 

 
   Semiconductors - 0.7%     
  300,000     

Broadcom Corp. / Broadcom Cayman Finance Ltd.
2.38%, 01/15/2020

       300,096  
  

Broadcom, Inc.

    
  150,000     

3.13%, 10/15/2022(1)

       152,761  
  150,000     

3.63%, 10/15/2024(1)

       154,111  
  155,000     

NXP B.V. / NXP Funding LLC
4.88%, 03/01/2024(1)

       168,430  
  75,000     

QUALCOMM, Inc.
3.00%, 05/20/2022

       76,986  
       

 

 

 
          852,384  
       

 

 

 
   Software - 1.0%     
      250,000     

Activision Blizzard, Inc.
2.60%, 06/15/2022

       253,119  
  

Fidelity National Information Services, Inc.

    
  300,000     

2.25%, 08/15/2021

       301,013  
  275,000     

3.63%, 10/15/2020

       278,830  
  310,000     

Fiserv, Inc.
3.80%, 10/01/2023

       328,557  
       

 

 

 
          1,161,519  
       

 

 

 
   Telecommunications - 1.4%     
  

AT&T, Inc.

    
  125,000     

3.00%, 06/30/2022

       127,687  
  200,000     

3.60%, 02/17/2023

       208,824  
  150,000     

Nokia Oyj
3.38%, 06/12/2022

       151,687  
  270,000     

Sprint Communications, Inc.
7.00%, 03/01/2020(1)

       273,942  
  287,500     

Sprint Spectrum Co. LLC / Sprint Spectrum Co. II LLC / Sprint Spectrum Co. III LLC
3.36%, 03/20/2023(1)

       289,297  
  

Telefonica Emisiones S.A.

    
  200,000     

5.13%, 04/27/2020

       202,910  
  200,000     

5.46%, 02/16/2021

       208,649  
  150,000     

Verizon Communications, Inc.
5.15%, 09/15/2023

       167,532  
       

 

 

 
          1,630,528  
       

 

 

 
   Transportation - 1.6%     
  400,000     

Canadian Pacific Railway Co.
4.50%, 01/15/2022

       419,550  
  250,000     

CSX Corp.
4.25%, 06/01/2021

       257,097  
  

Penske Truck Leasing Co. L.P. / PTL Finance Corp.

    
  175,000     

2.70%, 03/14/2023(1)

       177,003  
  110,000     

2.70%, 11/01/2024(1)

       111,103  
  250,000     

4.13%, 08/01/2023(1)

       265,503  
  200,000     

4.25%, 01/17/2023(1)

       211,728  
  355,000     

TTX Co.
3.60%, 01/15/2025(1)

       375,654  
       

 

 

 
          1,817,638  
       

 

 

 
   Trucking & Leasing - 0.9%     
  200,000     

Aviation Capital Group LLC
3.88%, 05/01/2023(1)

       206,890  
  

Avolon Holdings Funding Ltd.

    
  250,000     

3.63%, 05/01/2022(1)

       255,200  
  250,000     

5.13%, 10/01/2023(1)

       269,750  
  250,000     

GATX Corp.
4.35%, 02/15/2024

       268,673  
       

 

 

 
          1,000,513  
       

 

 

 
  

Total Corporate Bonds
(cost $66,595,523)

     $     68,482,928  
       

 

 

 
 

Foreign Government Obligations - 0.5%

 
   Qatar - 0.5%     
  $      600,000     

Qatar Government International Bond
3.38%, 03/14/2024(1)

     $ 627,000  
       

 

 

 
  

Total Foreign Government Obligations
(cost $599,340)

     $ 627,000  
       

 

 

 
 

Municipal Bonds - 0.2%

 
   Transportation - 0.2%     
  $      210,000     

Chicago Transit Auth
5.37%, 12/01/2022

     $ 228,625  
       

 

 

 
  

Total Municipal Bonds
(cost $226,995)

     $ 228,625  
       

 

 

 
 

Senior Floating Rate Interests - 18.8%(7)

 
   Advertising - 0.2%     
  $      225,000     

Clear Channel Outdoor Holdings, Inc.
5.29%, 08/21/2026, 1 mo. USD LIBOR + 3.500%

     $ 225,362  
       

 

 

 
   Aerospace/Defense - 0.2%     
  295,995     

TransDigm, Inc.
4.29%, 06/09/2023, 1 mo. USD LIBOR + 2.500%

       294,477  
       

 

 

 
   Airlines - 0.2%     
  117,526     

American Airlines, Inc.
3.94%, 10/12/2021, 1 mo. USD LIBOR + 2.000%

       117,542  
  165,000     

WestJet Airlines Ltd.
0.00%, 08/07/2026, 1 mo. USD LIBOR + 3.000%(8)

       165,688  
       

 

 

 
          283,230  
       

 

 

 
   Auto Parts & Equipment - 0.6%     
  109,725     

Adient U.S. LLC
6.78%, 05/06/2024, 1 mo. USD LIBOR + 4.250%

       106,879  
  150,840     

Altra Industrial Motion Corp.
3.79%, 10/01/2025, 1 mo. USD LIBOR + 2.000%

       150,085  
  98,500     

IAA, Inc.
4.06%, 06/28/2026, 1 mo. USD LIBOR + 2.250%

       98,788  
  

Panther BF Aggregator L.P.

    
  EUR    150,000     

3.75%, 04/30/2026, 1 mo. EURIBOR + 3.750%

       167,177  
  $    180,000     

5.30%, 04/30/2026, 1 mo. USD LIBOR + 3.500%

       177,375  
       

 

 

 
          700,304  
       

 

 

 
   Chemicals - 0.8%     
  310,018     

Cabot Microelectronics Corp.
4.06%, 11/14/2025, 1 mo. ICE LIBOR + 2.250%

       310,989  
  282,863     

Platform Specialty Products Corp.
4.04%, 01/30/2026, 1 mo. ICE LIBOR + 2.250%

       283,657  
  

Starfruit Finco B.V.

    
  EUR    100,000     

3.75%, 10/01/2025, 3 mo. EURIBOR + 3.750%

       111,261  
  $      96,965     

5.19%, 10/01/2025, 1 mo. USD LIBOR + 3.250%

       94,441  
  81,679     

Univar, Inc.
4.29%, 07/01/2024, 1 mo. ICE LIBOR + 2.500%

       81,827  
       

 

 

 
          882,175  
       

 

 

 
   Commercial Services - 2.2%     
  173,681     

Blackhawk Network Holdings, Inc.
4.79%, 06/15/2025, 1 mo. USD LIBOR + 3.000%

       171,944  
  124,058     

BrightView Landscapes LLC
4.38%, 08/15/2025, 1 mo. USD LIBOR + 2.500%

       124,252  
  175,000     

DCert Buyer, Inc.
5.79%, 10/16/2026, 1 mo. USD LIBOR + 4.000%

       171,610  
  200,000     

Dun & Bradstreet Corp.
6.80%, 02/06/2026, 1 mo. USD LIBOR + 5.000%

       200,458  
  100,000     

KAR Auction Services, Inc.
0.00%, 09/19/2026, 1 mo. USD LIBOR + 2.250%(8)

       100,250  
  200,000     

Quikrete Holdings, Inc.
4.54%, 11/15/2023, 1 mo. USD LIBOR + 2.750%

       199,062  
  162,481     

Russell Investments U.S. Inst’l Holdco, Inc.
5.04%, 06/01/2023, 3 mo. USD LIBOR + 3.250%

       157,485  
  123,734     

Tempo Acquisition LLC
4.79%, 05/01/2024, 1 mo. USD LIBOR + 3.000%

       123,708  
  222,808     

Trans Union LLC
4.04%, 06/19/2025, 1 mo. USD LIBOR + 2.000%

       223,017  
  671,956     

United Rentals, Inc.
3.54%, 10/31/2025, 1 mo. ICE LIBOR + 1.750%

       674,597  
  EUR    340,000     

Verisure Holding AB
3.50%, 10/21/2022, 3 mo. EURIBOR + 3.500%

       379,321  
       

 

 

 
          2,525,704  
       

 

 

 
   Construction Materials - 0.3%     
  $      98,750     

Hamilton Holdco LLC
4.11%, 07/02/2025, 1 mo. USD LIBOR + 2.000%

       98,874  
      266,671     

NCI Building Systems, Inc.
5.66%, 04/12/2025, 3 mo. USD LIBOR + 3.750%

           257,559  
       

 

 

 
          356,433  
       

 

 

 
   Distribution/Wholesale - 0.7%     
  222,000     

American Builders & Contractors Supply Co., Inc.
0.00%, 01/15/2027, 1 mo. USD LIBOR + 2.000%(8)

       220,890  
  197,990     

Beacon Roofing Supply, Inc.
4.04%, 01/02/2025, 1 mo. USD LIBOR + 2.250%

       196,123  
  371,250     

HD Supply, Inc.
3.54%, 10/17/2023, 1 mo. USD LIBOR + 1.750%

       372,456  
       

 

 

 
          789,469  
       

 

 

 
   Diversified Financial Services - 0.7%     
  197,970     

AlixPartners LLP
4.54%, 04/04/2024, 3 mo. USD LIBOR + 2.750%

       197,639  
  164,328     

Crown Finance U.S., Inc.
4.04%, 02/28/2025, 1 mo. USD LIBOR + 2.250%

       161,994  
  124,063     

Financial & Risk U.S. Holdings, Inc.
5.54%, 10/01/2025, 1 mo. USD LIBOR + 3.750%

       124,652  
  128,677     

NFP Corp.
4.79%, 01/08/2024, 1 mo. USD LIBOR + 3.000%

       124,725  
  163,145     

Victory Capital Holdings, Inc.
5.35%, 07/01/2026, 1 mo. USD LIBOR + 3.250%

       163,635  
       

 

 

 
          772,645  
       

 

 

 
   Energy-Alternate Sources - 0.1%     
  173,246     

BCP Renaissance Parent LLC
5.36%, 10/31/2024, 3 mo. USD LIBOR + 3.500%

       156,247  
       

 

 

 
   Environmental Control - 0.3%     
  345,581     

Clean Harbors, Inc.
3.54%, 06/28/2024, 1 mo. USD LIBOR + 1.750%

       347,309  
       

 

 

 
   Food - 0.2%     
  100,000     

B&G Foods, Inc.
4.48%, 10/10/2026, 1 mo. USD LIBOR + 2.500%

       100,313  
  8,729     

Post Holdings, Inc.
3.83%, 05/24/2024, 1 mo. USD LIBOR + 2.000%

       8,735  
  115,000     

U.S. Foods, Inc.
3.79%, 09/13/2026, 1 mo. USD LIBOR + 2.000%

       115,304  
       

 

 

 
          224,352  
       

 

 

 
   Food Service - 0.3%     
  393,500     

Aramark Services, Inc.
3.54%, 03/11/2025, 3 mo. USD LIBOR + 1.750%

       393,827  
       

 

 

 
   Gas - 0.3%     
  

Messer Industries GmbH

    
  EUR    100,000     

2.75%, 03/01/2026, 3 mo. EURIBOR + 2.750%

       111,728  
  $    189,050     

4.60%, 03/01/2026, 1 mo. USD LIBOR + 2.500%

       187,320  
       

 

 

 
          299,048  
       

 

 

 
   Healthcare-Products - 0.0%     
  50,485     

Avantor, Inc.
4.79%, 11/21/2024, 3 mo. USD LIBOR +3.000%

       50,800  
       

 

 

 
   Healthcare-Services - 1.4%     
  100,000     

Emerald TopCo, Inc.
5.29%, 07/24/2026, 1 mo. USD LIBOR + 3.500%

       98,350  
  207,178     

Envision Healthcare Corp.
5.54%, 10/10/2025, 1 mo. USD LIBOR + 3.750%

       166,940  
  166,784     

Gentiva Health Services, Inc.
5.56%, 07/02/2025, 1 mo. USD LIBOR + 3.750%

       166,367  
  EUR    187,625     

IQVIA, Inc.
2.00%, 06/11/2025, 3 mo. EURIBOR + 2.000%

       209,586  
  $    125,000     

MPH Acquisition Holdings LLC
4.85%, 06/07/2023, 3 mo. USD LIBOR + 2.750%

       116,946  
  123,361     

Surgery Center Holdings, Inc.
5.04%, 09/02/2024, 1 mo. USD LIBOR + 3.250%

       118,941  
      141,288     

Syneos Health, Inc.
3.79%, 08/01/2024, 1 mo. USD LIBOR + 2.000%

       141,318  
  361,454     

Universal Health Services, Inc.
3.54%, 10/31/2025, 1 mo. USD LIBOR + 1.750%

       361,906  
  250,000     

Zelis Healthcare Corp.
0.00%, 09/30/2026, 1 mo. USD LIBOR + 4.750%(8)

       247,082  
       

 

 

 
          1,627,436  
       

 

 

 
   Household Products - 0.1%     
  123,741     

Diamond (BC) B.V.
4.93%, 09/06/2024, 2 mo. USD LIBOR + 3.000%

       115,017  
       

 

 

 
   Insurance - 1.0%     
  

Asurion LLC

    
  82,336     

4.79%, 08/04/2022, 1 mo. USD LIBOR + 3.000%

       82,351  
  232,063     

4.79%, 11/03/2024, 1 mo. USD LIBOR + 3.000%

       232,209  
  100,000     

8.29%, 08/04/2025, 1 mo. USD LIBOR + 6.500%

       100,400  
  247,494     

Hub International Ltd.
4.94%, 04/25/2025, 2 mo. USD LIBOR + 3.000%

       241,881  
  

Sedgwick Claims Management Services, Inc.

    
  317,600     

5.04%, 12/31/2025, 1 mo. USD LIBOR + 3.250%

       307,824  
  134,663     

5.79%, 09/03/2026, 1 mo. USD LIBOR + 4.000%

       133,512  
       

 

 

 
          1,098,177  
       

 

 

 
   IT Services - 0.2%     
  246,942     

Science Applications International Corp.
3.54%, 10/31/2025, 1 mo. ICE LIBOR + 1.750%

       247,174  
       

 

 

 
   Leisure Time - 0.6%     
  246,985     

Caesars Resort Collection LLC
4.54%, 12/23/2024, 1 mo. USD LIBOR + 2.750%

       243,152  
  225,000     

Delta (LUX) S.a.r.l.
4.29%, 02/01/2024, 1 mo. USD LIBOR + 2.500%

       221,344  
  248,125     

Penn National Gaming, Inc.
4.04%, 10/15/2025, 3 mo. USD LIBOR + 2.250%

       248,869  
       

 

 

 
          713,365  
       

 

 

 
   Lodging - 0.6%     
  271,984     

Boyd Gaming Corp.
3.96%, 09/15/2023, 1 week USD LIBOR + 2.250%

       272,068  
  307,425     

Caesars Entertainment Operating Co.
3.79%, 10/07/2024, 1 mo. USD LIBOR + 2.000%

       307,235  
  114,033     

Hilton Worldwide Finance LLC
3.57%, 06/22/2026, 1 mo. USD LIBOR + 1.750%

       114,471  
       

 

 

 
          693,774  
       

 

 

 
   Machinery - Construction & Mining - 0.1%     
  109,175     

Brookfield WEC Holdings, Inc.
5.29%, 08/01/2025, 1 mo. USD LIBOR + 3.500%

       108,402  
       

 

 

 
   Media - 2.2%     
  516,100     

CSC Holdings LLC
4.17%, 01/15/2026, 1 mo. ICE LIBOR + 2.250%

       511,971  
  426,775     

Gray Television, Inc.
4.51%, 01/02/2026, 1 mo. ICE LIBOR + 2.500%

       427,641  
  346,659     

ION Media Networks, Inc.
4.81%, 12/18/2024, 1 mo. USD LIBOR + 3.000%

       344,492  
  47,784     

Mission Broadcasting, Inc.
4.28%, 01/17/2024, 1 mo. ICE LIBOR + 2.250%

       47,829  
  148,867     

MTN Infrastructure TopCo, Inc.
4.79%, 11/15/2024, 1 mo. USD LIBOR + 3.000%

       146,943  
  

Nexstar Broadcasting, Inc.

    
  240,482     

4.05%, 01/17/2024, 1 mo. ICE LIBOR + 2.250%

       240,708  
  205,000     

4.55%, 09/18/2026, 1 mo. USD LIBOR + 2.750%

       205,654  
  123,434     

PSAV Holdings LLC
5.26%, 03/03/2025, 3 mo. USD LIBOR + 3.250%

       118,574  
  116,071     

Sinclair Television Group, Inc.
4.43%, 09/30/2026, 1 mo. USD LIBOR + 2.500%

       116,108  
    125,000     

Telenet Financing USD LLC
4.17%, 08/15/2026, 1 mo. USD LIBOR + 2.250%

       124,774  
  90,868     

Web.com Group, Inc.
5.66%, 10/10/2025, 3 mo. USD LIBOR + 3.750%

       88,346  
  EUR  145,000     

Ziggo B.V.
0.00%, 01/31/2029, 1 mo. EURIBOR + 3.000%(8)

       160,826  
       

 

 

 
          2,533,866  
       

 

 

 
   Miscellaneous Manufacturing - 0.4%     
  $  236,830     

H.B. Fuller Co.
3.85%, 10/20/2024, 1 mo. USD LIBOR + 2.000%

       235,966  
  221,608     

USI, Inc.
5.10%, 05/16/2024, 3 mo. USD LIBOR + 3.000%

       214,904  
       

 

 

 
          450,870  
       

 

 

 
   Oil & Gas - 0.1%     
  99,000     

Traverse Midstream Partners LLC
5.80%, 09/27/2024, 3 mo. USD LIBOR + 4.000%

       86,625  
       

 

 

 
   Oil & Gas Services - 0.2%     
  100,000     

Buckeye Partners L.P.
0.00%, 11/01/2026, 1 mo. USD LIBOR + 2.750%(8)

       100,438  
  99,750     

Lower Cadence Holdings LLC
5.80%, 05/22/2026, 1 mo. USD LIBOR + 4.000%

       92,518  
       

 

 

 
          192,956  
       

 

 

 
   Packaging & Containers - 0.7%     
  

Berry Global, Inc.

    
  EUR    99,750     

2.50%, 07/01/2026, 3 mo. EURIBOR + 2.500%

       112,058  
  $  200,000     

3.88%, 10/01/2022, 3 mo. USD LIBOR + 2.000%

       200,500  
  139,650     

4.44%, 07/01/2026, 3 mo. USD LIBOR + 2.500%

       140,058  
  132,100     

Flex Acquisition Co., Inc.
5.35%, 06/29/2025, 1 mo. USD LIBOR + 3.250%

       124,797  
  197,964     

Reynolds Group Holdings, Inc.
4.54%, 02/05/2023, 1 mo. USD LIBOR + 2.750%

       197,856  
       

 

 

 
          775,269  
       

 

 

 
   Pharmaceuticals - 0.8%     
  345,625     

Bausch Health Companies, Inc.
4.67%, 11/27/2025, 1 mo. USD LIBOR + 2.750%

       345,912  
  99,500     

Catalent Pharma Solutions, Inc.
4.04%, 05/18/2026, 1 mo. USD LIBOR + 2.250%

       99,500  
  123,734     

Endo Luxembourg Finance Co., S.a r.l.
6.06%, 04/29/2024, 1 mo. USD LIBOR + 4.250%

      </