|
Shares or Principal Amount
|
|
Market Value†
|
|
|
ASSET & COMMERCIAL MORTGAGE-BACKED SECURITIES - 1.1%
|
|||
|
|
Asset-Backed - Automobile - 0.4%
|
||
|
$ 126,198
|
CFMT LLC 1.39%, 09/22/2031(1)
|
$125,502
|
|
|
982,494
|
Enterprise Fleet Financing LLC 6.40%,
03/20/2030(1)
|
997,242
|
|
|
1,215,000
|
Toyota Lease Owner Trust 3.96%,
11/20/2028(1)
|
1,216,025
|
|
|
1,565,000
|
Volkswagen Auto Lease Trust 4.01%,
01/22/2029
|
1,567,151
|
|
|
|
Wheels Fleet Lease Funding 1 LLC
|
|
|
|
1,137,660
|
4.87%, 06/21/2039(1)
|
1,149,328
|
|
|
629,431
|
6.46%, 08/18/2038(1)
|
638,275
|
|
|
|
|
|
5,693,523
|
|
|
Asset-Backed - Student Loan - 0.1%
|
||
|
1,088,795
|
Navient Private Education Refi Loan Trust
5.51%, 10/15/2071(1)
|
1,115,328
|
|
|
|
Commercial Mortgage-Backed Securities - 0.2%
|
||
|
330,000
|
Durst Commercial Mortgage Trust 5.32%,
08/10/2042(1)(2)
|
336,111
|
|
|
3,097,851
|
RFR Trust 5.56%, 03/11/2041(1)(2)
|
3,167,503
|
|
|
|
|
|
3,503,614
|
|
|
Other Asset-Backed Securities - 0.2%
|
||
|
|
Castlelake Aircraft Structured Trust
|
|
|
|
19,891
|
3.47%, 01/15/2046(1)
|
19,768
|
|
|
185,389
|
3.97%, 04/15/2039(1)
|
180,756
|
|
|
|
CF Hippolyta Issuer LLC
|
|
|
|
300,188
|
1.53%, 03/15/2061(1)
|
250,351
|
|
|
194,522
|
5.97%, 08/15/2062(1)
|
188,022
|
|
|
1,319,307
|
Home Partners of America Trust 2.30%,
12/17/2026(1)
|
1,282,354
|
|
|
69,807
|
Horizon Aircraft Finance II Ltd. 3.72%,
07/15/2039(1)
|
68,410
|
|
|
166,529
|
Horizon Aircraft Finance III Ltd. 3.43%,
11/15/2039(1)
|
161,949
|
|
|
1,099,360
|
Kubota Credit Owner Trust 5.28%,
01/18/2028(1)
|
1,108,491
|
|
|
41,802
|
MACH 1 Cayman Ltd. 3.47%, 10/15/2039(1)
|
41,303
|
|
|
100,375
|
Start II Ltd. 4.09%, 03/15/2044(1)
|
99,751
|
|
|
|
|
|
3,401,155
|
|
|
Whole Loan Collateral CMO - 0.2%
|
||
|
22,110
|
Angel Oak Mortgage Trust 2.62%,
11/25/2059(1)(2)
|
21,769
|
|
|
310,217
|
Federal Home Loan Mortgage Corp.
Seasoned Credit Risk Transfer Trust 3.50%,
10/25/2058
|
301,157
|
|
|
|
Federal National Mortgage Association
Connecticut Avenue Securities Trust
|
|
|
|
159,819
|
5.91%, 10/25/2041, 30 day USD SOFR
Average + 1.55%(1)(3)
|
160,119
|
|
|
48,383
|
10.37%, 10/25/2028, 30 day USD SOFR
Average + 6.01%(3)
|
49,109
|
|
|
|
Flagstar Mortgage Trust
|
|
|
|
480,098
|
2.00%, 09/25/2041(1)(2)
|
422,669
|
|
|
222,520
|
4.00%, 05/25/2048(1)(2)
|
207,673
|
|
|
142,157
|
MetLife Securitization Trust 3.00%,
04/25/2055(1)(2)
|
136,996
|
|
|
1,935,598
|
PRET Trust 4.00%, 08/25/2064(1)(4)
|
1,872,776
|
|
|
Shares or Principal Amount
|
|
Market Value†
|
|
|
ASSET & COMMERCIAL MORTGAGE-BACKED SECURITIES - 1.1% - (continued)
|
|||
|
|
Whole Loan Collateral CMO - 0.2% - (continued)
|
||
|
|
Towd Point Mortgage Trust
|
|
|
|
$ 92,258
|
2.75%, 06/25/2057(1)(2)
|
$90,374
|
|
|
21,577
|
3.00%, 01/25/2058(1)(2)
|
21,381
|
|
|
|
|
|
3,284,023
|
|
|
Total Asset & Commercial Mortgage-Backed
Securities
(cost $16,995,758)
|
$16,997,643
|
|
|
CORPORATE BONDS - 10.9%
|
|||
|
|
Aerospace & Defense - 0.2%
|
||
|
|
Boeing Co.
|
|
|
|
700,000
|
5.71%, 05/01/2040
|
$714,268
|
|
|
51,000
|
5.81%, 05/01/2050
|
50,952
|
|
|
1,809,000
|
6.86%, 05/01/2054
|
2,063,532
|
|
|
560,000
|
Lockheed Martin Corp. 4.85%, 09/15/2041
|
534,496
|
|
|
|
|
|
3,363,248
|
|
|
Agriculture - 0.1%
|
||
|
705,000
|
BAT Capital Corp. 4.63%, 03/22/2033
|
697,648
|
|
|
280,000
|
JBS USA LUX SARL/JBS USA Food Co./JBS
USA Foods Group 5.95%, 04/20/2035(1)
|
294,140
|
|
|
|
|
|
991,788
|
|
|
Airlines - 0.0%
|
||
|
58,938
|
United Airlines Pass-Through Trust 4.60%,
09/01/2027
|
58,628
|
|
|
|
Commercial Banks - 2.5%
|
||
|
1,200,000
|
Banco Santander SA 5.37%, 07/15/2028,
(5.37% fixed rate until 07/15/2027; 1 yr.
USD CMT + 0.95% thereafter)(5)
|
1,224,317
|
|
|
|
Bank of America Corp.
|
|
|
|
1,610,000
|
3.59%, 07/21/2028, (3.59% fixed rate until
07/21/2027; 3 mo. USD Term SOFR +
1.63% thereafter)(5)
|
1,595,240
|
|
|
1,384,000
|
4.95%, 07/22/2028, (4.95% fixed rate until
07/22/2027; 6 mo. USD SOFR + 2.04%
thereafter)(5)
|
1,403,924
|
|
|
2,280,000
|
5.16%, 01/24/2031, (5.16% fixed rate until
01/24/2030; 6 mo. USD SOFR + 1.00%
thereafter)(5)
|
2,353,154
|
|
|
688,000
|
5.51%, 01/24/2036, (5.51% fixed rate until
01/24/2035; 6 mo. USD SOFR + 1.31%
thereafter)(5)
|
719,175
|
|
|
2,239,000
|
5.82%, 09/15/2029, (5.82% fixed rate until
09/15/2028; 6 mo. USD SOFR + 1.57%
thereafter)(5)
|
2,341,312
|
|
|
574,000
|
5.87%, 09/15/2034, (5.87% fixed rate until
09/15/2033; 6 mo. USD SOFR + 1.84%
thereafter)(5)
|
615,045
|
|
|
|
BPCE SA
|
|
|
|
1,130,000
|
5.39%, 05/28/2031, (5.39% fixed rate until
05/28/2030; 6 mo. USD SOFR + 1.58%
thereafter)(1)(5)
|
1,159,317
|
|
|
1,450,000
|
5.88%, 01/14/2031, (5.88% fixed rate until
01/14/2030; 6 mo. USD SOFR + 1.68%
thereafter)(1)(5)
|
1,514,349
|
|
|
508,000
|
6.61%, 10/19/2027, (6.61% fixed rate until
10/19/2026; 6 mo. USD SOFR + 1.98%
thereafter)(1)(5)
|
519,487
|
|
|
|
Citigroup, Inc.
|
|
|
|
635,000
|
4.50%, 09/11/2031, (4.50% fixed rate until
09/11/2030; 6 mo. USD SOFR + 1.17%
thereafter)(5)
|
635,343
|
|
|
|
1
|
|
|
Shares or Principal Amount
|
|
Market Value†
|
|
|
CORPORATE BONDS - 10.9% - (continued)
|
|||
|
|
Commercial Banks - 2.5% - (continued)
|
||
|
$ 1,182,000
|
4.95%, 05/07/2031, (4.95% fixed rate until
05/07/2030; 6 mo. USD SOFR + 1.46%
thereafter)(5)
|
$1,204,460
|
|
|
400,000
|
5.17%, 09/11/2036, (5.17% fixed rate until
09/11/2035; 6 mo. USD SOFR + 1.49%
thereafter)(5)
|
404,059
|
|
|
455,000
|
Citizens Financial Group, Inc. 5.84%,
01/23/2030, (5.84% fixed rate until
01/23/2029; 6 mo. USD SOFR + 2.01%
thereafter)(5)
|
474,239
|
|
|
2,505,000
|
Commonwealth Bank of Australia 5.07%,
09/14/2028(1)
|
2,585,179
|
|
|
|
Credit Agricole SA
|
|
|
|
1,540,000
|
4.63%, 09/11/2028, (4.63% fixed rate until
09/11/2027; 6 mo. USD SOFR + 1.21%
thereafter)(1)(5)
|
1,549,737
|
|
|
2,733,000
|
6.32%, 10/03/2029, (6.32% fixed rate until
10/03/2028; 6 mo. USD SOFR + 1.86%
thereafter)(1)(5)
|
2,881,210
|
|
|
1,150,000
|
Goldman Sachs Group, Inc. 6.25%,
02/01/2041
|
1,263,324
|
|
|
1,130,000
|
HSBC Holdings PLC 5.74%, 09/10/2036,
(5.74% fixed rate until 09/10/2035; 6 mo.
USD SOFR + 1.96% thereafter)(5)
|
1,152,951
|
|
|
|
JP Morgan Chase & Co.
|
|
|
|
620,000
|
2.52%, 04/22/2031, (2.52% fixed rate until
04/22/2030; 6 mo. USD SOFR + 2.04%
thereafter)(5)
|
575,069
|
|
|
390,000
|
3.11%, 04/22/2041, (3.11% fixed rate until
04/22/2040; 3 mo. USD Term SOFR +
2.46% thereafter)(5)
|
306,488
|
|
|
705,000
|
3.70%, 05/06/2030, (3.70% fixed rate until
05/06/2029; 3 mo. USD Term SOFR +
1.42% thereafter)(5)
|
692,874
|
|
|
805,000
|
4.45%, 12/05/2029, (4.45% fixed rate until
12/05/2028; 3 mo. USD Term SOFR +
1.59% thereafter)(5)
|
811,662
|
|
|
463,000
|
4.91%, 07/25/2033, (4.91% fixed rate until
07/25/2032; 6 mo. USD SOFR + 2.08%
thereafter)(5)
|
472,124
|
|
|
1,389,000
|
5.04%, 01/23/2028, (5.04% fixed rate until
01/23/2027; 6 mo. USD SOFR + 1.19%
thereafter)(5)
|
1,404,754
|
|
|
1,335,000
|
5.10%, 04/22/2031, (5.10% fixed rate until
04/22/2030; 6 mo. USD SOFR + 1.44%
thereafter)(5)(6)
|
1,379,215
|
|
|
930,000
|
5.14%, 01/24/2031, (5.14% fixed rate until
01/24/2030; 6 mo. USD SOFR + 1.01%
thereafter)(5)
|
960,440
|
|
|
865,000
|
5.57%, 04/22/2036, (5.57% fixed rate until
04/22/2035; 6 mo. USD SOFR + 1.68%
thereafter)(5)
|
911,731
|
|
|
|
Morgan Stanley
|
|
|
|
1,283,000
|
4.65%, 10/18/2030, (4.65% fixed rate until
10/18/2029; 6 mo. USD SOFR + 1.10%
thereafter)(5)
|
1,297,024
|
|
|
925,000
|
5.23%, 01/15/2031, (5.23% fixed rate until
01/15/2030; 6 mo. USD SOFR + 1.11%
thereafter)(5)
|
954,739
|
|
|
795,000
|
5.59%, 01/18/2036, (5.59% fixed rate until
01/18/2035; 6 mo. USD SOFR + 1.42%
thereafter)(5)
|
832,370
|
|
|
Shares or Principal Amount
|
|
Market Value†
|
|
|
CORPORATE BONDS - 10.9% - (continued)
|
|||
|
|
Commercial Banks - 2.5% - (continued)
|
||
|
$ 550,000
|
Morgan Stanley Private Bank NA 4.73%,
07/18/2031, (4.73% fixed rate until
07/18/2030; 6 mo. USD SOFR + 1.08%
thereafter)(5)
|
$558,213
|
|
|
|
Wells Fargo & Co.
|
|
|
|
1,750,000
|
4.61%, 04/25/2053, (4.61% fixed rate until
04/25/2052; 6 mo. USD SOFR + 2.13%
thereafter)(5)
|
1,537,418
|
|
|
1,352,000
|
5.71%, 04/22/2028, (5.71% fixed rate until
04/22/2027; 6 mo. USD SOFR + 1.07%
thereafter)(5)
|
1,383,414
|
|
|
1,665,000
|
6.30%, 10/23/2029, (6.30% fixed rate until
10/23/2028; 6 mo. USD SOFR + 1.79%
thereafter)(5)
|
1,763,506
|
|
|
|
|
|
41,436,863
|
|
|
Diversified Financial Services - 0.6%
|
||
|
|
American Express Co.
|
|
|
|
1,325,000
|
4.92%, 07/20/2033, (4.92% fixed rate until
07/20/2032; 6 mo. USD SOFR + 1.22%
thereafter)(5)
|
1,348,066
|
|
|
930,000
|
5.67%, 04/25/2036, (5.67% fixed rate until
04/25/2035; 6 mo. USD SOFR + 1.79%
thereafter)(5)
|
982,549
|
|
|
1,715,000
|
Aviation Capital Group LLC 1.95%,
09/20/2026(1)
|
1,675,857
|
|
|
2,615,000
|
Blackstone Holdings Finance Co. LLC 2.55%,
03/30/2032(1)
|
2,306,748
|
|
|
|
Synchrony Financial
|
|
|
|
3,500,000
|
5.02%, 07/29/2029, (5.02% fixed rate until
07/29/2028; 6 mo. USD SOFR + 1.40%
thereafter)(5)
|
3,530,177
|
|
|
205,000
|
6.00%, 07/29/2036, (6.00% fixed rate until
07/29/2035; 6 mo. USD SOFR + 2.07%
thereafter)(5)
|
209,682
|
|
|
|
|
|
10,053,079
|
|
|
Electric - 1.1%
|
||
|
120,000
|
Alabama Power Co. 5.10%, 04/02/2035
|
122,630
|
|
|
|
Arizona Public Service Co.
|
|
|
|
500,000
|
3.75%, 05/15/2046
|
386,271
|
|
|
530,000
|
5.90%, 08/15/2055
|
542,719
|
|
|
1,960,000
|
Cleveland Electric Illuminating Co. 3.50%,
04/01/2028(1)
|
1,924,941
|
|
|
|
Duke Energy Corp.
|
|
|
|
340,000
|
4.95%, 09/15/2035
|
337,769
|
|
|
2,055,000
|
5.70%, 09/15/2055
|
2,047,532
|
|
|
|
Enel Finance International NV
|
|
|
|
535,000
|
4.13%, 09/30/2028(1)
|
533,491
|
|
|
475,000
|
5.00%, 09/30/2035(1)(6)
|
468,073
|
|
|
550,000
|
FirstEnergy Corp. 4.85%, 07/15/2047(4)
|
486,837
|
|
|
|
FirstEnergy Pennsylvania Electric Co.
|
|
|
|
241,000
|
3.60%, 06/01/2029(1)
|
234,908
|
|
|
60,000
|
5.15%, 03/30/2026(1)
|
60,167
|
|
|
75,000
|
5.20%, 04/01/2028(1)
|
76,695
|
|
|
|
Georgia Power Co.
|
|
|
|
756,000
|
4.30%, 03/15/2042
|
667,320
|
|
|
245,000
|
4.75%, 09/01/2040
|
233,258
|
|
|
826,000
|
5.13%, 05/15/2052
|
787,720
|
|
|
165,000
|
Ohio Edison Co. 4.95%, 12/15/2029(1)
|
168,609
|
|
|
|
Pacific Gas & Electric Co.
|
|
|
|
560,000
|
4.75%, 02/15/2044
|
479,092
|
|
|
1,573,200
|
4.95%, 07/01/2050
|
1,350,257
|
|
|
1,395,000
|
Public Service Co. of Oklahoma 5.45%,
01/15/2036(6)
|
1,424,950
|
|
|
|
2
|
|
|
Shares or Principal Amount
|
|
Market Value†
|
|
|
CORPORATE BONDS - 10.9% - (continued)
|
|||
|
|
Electric - 1.1% - (continued)
|
||
|
$ 600,000
|
Public Service Electric & Gas Co. 3.65%,
09/01/2042
|
$483,640
|
|
|
|
SCE Recovery Funding LLC
|
|
|
|
323,973
|
0.86%, 11/15/2033
|
288,009
|
|
|
220,000
|
1.94%, 05/15/2040
|
170,570
|
|
|
125,000
|
2.51%, 11/15/2043
|
86,342
|
|
|
1,156,000
|
Sempra 4.13%, 04/01/2052, (4.13% fixed rate
until 01/01/2027; 5 yr. USD CMT + 2.87%
thereafter)(5)
|
1,124,757
|
|
|
|
Southern California Edison Co.
|
|
|
|
1,108,000
|
4.00%, 04/01/2047
|
838,226
|
|
|
968,000
|
4.65%, 10/01/2043
|
824,461
|
|
|
59,000
|
6.20%, 09/15/2055
|
59,479
|
|
|
1,292,502
|
Texas Electric Market Stabilization Funding N
LLC 4.27%, 08/01/2036(1)
|
1,289,412
|
|
|
170,000
|
Trans-Allegheny Interstate Line Co. 5.00%,
01/15/2031(1)
|
174,301
|
|
|
|
Virginia Electric & Power Co.
|
|
|
|
315,000
|
4.90%, 09/15/2035
|
313,352
|
|
|
270,000
|
5.60%, 09/15/2055
|
268,938
|
|
|
|
|
|
18,254,726
|
|
|
Food - 0.5%
|
||
|
|
JBS USA Holding Lux SARL/JBS USA Food
Co./JBS Lux Co. SARL
|
|
|
|
335,000
|
3.00%, 05/15/2032
|
299,716
|
|
|
2,325,000
|
5.75%, 04/01/2033
|
2,428,067
|
|
|
2,578,000
|
6.75%, 03/15/2034
|
2,849,988
|
|
|
|
JBS USA Holding Lux SARL/JBS USA Foods
Group Holdings, Inc./JBS USA Food Co.
|
|
|
|
800,000
|
6.25%, 03/01/2056(1)
|
820,312
|
|
|
595,000
|
6.38%, 04/15/2066(1)
|
611,684
|
|
|
|
Mars, Inc.
|
|
|
|
365,000
|
5.65%, 05/01/2045(1)
|
370,266
|
|
|
1,313,000
|
5.70%, 05/01/2055(1)
|
1,329,998
|
|
|
|
|
|
8,710,031
|
|
|
Gas - 0.1%
|
||
|
500,000
|
CenterPoint Energy Resources Corp. 5.40%,
07/01/2034
|
516,186
|
|
|
825,000
|
NiSource, Inc. 5.85%, 04/01/2055
|
836,657
|
|
|
455,000
|
Southern Co. Gas Capital Corp. 5.10%,
09/15/2035
|
456,189
|
|
|
|
|
|
1,809,032
|
|
|
Healthcare - Products - 0.0%
|
||
|
200,000
|
Alcon Finance Corp. 5.75%, 12/06/2052(1)
|
205,709
|
|
|
|
Healthcare - Services - 0.1%
|
||
|
920,000
|
Providence St. Joseph Health Obligated
Group 5.40%, 10/01/2033
|
945,643
|
|
|
175,000
|
Sutter Health 2.29%, 08/15/2030
|
160,086
|
|
|
155,000
|
Toledo Hospital 5.75%, 11/15/2038
|
155,162
|
|
|
|
|
|
1,260,891
|
|
|
Insurance - 1.6%
|
||
|
|
American International Group, Inc.
|
|
|
|
437,000
|
3.40%, 06/30/2030
|
418,606
|
|
|
375,000
|
4.38%, 06/30/2050
|
318,188
|
|
|
390,000
|
4.85%, 05/07/2030
|
398,935
|
|
|
|
Athene Global Funding
|
|
|
|
2,815,000
|
2.50%, 03/24/2028(1)
|
2,695,772
|
|
|
1,800,000
|
5.35%, 07/09/2027(1)
|
1,833,684
|
|
|
1,280,000
|
5.58%, 01/09/2029(1)
|
1,322,867
|
|
|
788,000
|
Athene Holding Ltd. 6.63%, 05/19/2055
|
843,273
|
|
|
Shares or Principal Amount
|
|
Market Value†
|
|
|
CORPORATE BONDS - 10.9% - (continued)
|
|||
|
|
Insurance - 1.6% - (continued)
|
||
|
$ 1,960,000
|
Brighthouse Financial Global Funding 5.65%,
06/10/2029(1)
|
$2,011,537
|
|
|
355,000
|
CNO Global Funding 4.88%, 12/10/2027(1)
|
359,587
|
|
|
|
Equitable America Global Funding
|
|
|
|
405,000
|
3.95%, 09/15/2027(1)
|
404,285
|
|
|
225,000
|
4.70%, 09/15/2032(1)
|
223,812
|
|
|
|
F&G Global Funding
|
|
|
|
260,000
|
4.65%, 09/08/2028(1)
|
260,920
|
|
|
296,000
|
5.88%, 06/10/2027(1)
|
303,623
|
|
|
1,005,000
|
Fortitude Global Funding 4.63%, 10/06/2028(1)
|
1,005,635
|
|
|
1,678,000
|
GA Global Funding Trust 5.90%, 01/13/2035(1)
|
1,740,848
|
|
|
805,000
|
Liberty Mutual Group, Inc. 4.57%,
02/01/2029(1)
|
810,217
|
|
|
|
Lincoln Financial Global Funding
|
|
|
|
425,000
|
4.63%, 05/28/2028(1)
|
429,365
|
|
|
250,000
|
4.63%, 08/18/2030(1)
|
251,507
|
|
|
975,000
|
NLG Global Funding 4.35%, 09/15/2030(1)
|
964,782
|
|
|
1,001,000
|
Omnis Funding Trust 6.72%, 05/15/2055(1)
|
1,079,727
|
|
|
|
Pricoa Global Funding I
|
|
|
|
215,000
|
4.70%, 05/28/2030(1)
|
218,567
|
|
|
415,000
|
5.35%, 05/28/2035(1)
|
430,218
|
|
|
|
Protective Life Global Funding
|
|
|
|
510,000
|
4.80%, 06/05/2030(1)
|
518,636
|
|
|
1,375,000
|
5.43%, 01/14/2032(1)
|
1,430,740
|
|
|
|
RGA Global Funding
|
|
|
|
1,645,000
|
4.35%, 08/25/2028(1)
|
1,646,683
|
|
|
370,000
|
5.00%, 08/25/2032(1)
|
372,042
|
|
|
1,220,000
|
5.25%, 01/09/2030(1)
|
1,261,562
|
|
|
1,010,000
|
5.45%, 05/24/2029(1)
|
1,047,957
|
|
|
2,090,000
|
Sammons Financial Group Global Funding
4.95%, 06/12/2030(1)
|
2,120,449
|
|
|
|
|
|
26,724,024
|
|
|
Media - 0.2%
|
||
|
|
Charter Communications
Operating LLC/Charter Communications
Operating Capital
|
|
|
|
1,050,000
|
3.50%, 03/01/2042
|
756,258
|
|
|
2,463,000
|
3.90%, 06/01/2052
|
1,668,171
|
|
|
850,000
|
4.80%, 03/01/2050
|
673,226
|
|
|
80,000
|
5.85%, 12/01/2035
|
80,764
|
|
|
|
Time Warner Cable LLC
|
|
|
|
395,000
|
6.55%, 05/01/2037
|
410,904
|
|
|
250,000
|
7.30%, 07/01/2038
|
273,173
|
|
|
|
|
|
3,862,496
|
|
|
Mining - 0.5%
|
||
|
|
Anglo American Capital PLC
|
|
|
|
2,645,000
|
2.63%, 09/10/2030(1)
|
2,427,583
|
|
|
632,000
|
4.50%, 03/15/2028(1)
|
635,546
|
|
|
746,000
|
4.75%, 04/10/2027(1)
|
751,441
|
|
|
|
Glencore Funding LLC
|
|
|
|
805,000
|
5.37%, 04/04/2029(1)
|
829,469
|
|
|
563,000
|
5.89%, 04/04/2054(1)(6)
|
568,476
|
|
|
265,000
|
6.14%, 04/01/2055(1)
|
277,032
|
|
|
3,073,000
|
6.38%, 10/06/2030(1)
|
3,316,899
|
|
|
|
|
|
8,806,446
|
|
|
Oil & Gas - 0.3%
|
||
|
|
QatarEnergy
|
|
|
|
780,000
|
3.13%, 07/12/2041(1)
|
600,491
|
|
|
550,000
|
3.30%, 07/12/2051(7)
|
387,154
|
|
|
|
3
|
|
|
Shares or Principal Amount
|
|
Market Value†
|
|
|
CORPORATE BONDS - 10.9% - (continued)
|
|||
|
|
Oil & Gas - 0.3% - (continued)
|
||
|
|
Saudi Arabian Oil Co.
|
|
|
|
$ 1,905,000
|
5.38%, 06/02/2035(1)(6)
|
$1,970,234
|
|
|
1,085,000
|
6.38%, 06/02/2055(1)
|
1,156,582
|
|
|
|
|
|
4,114,461
|
|
|
Pipelines - 0.8%
|
||
|
305,000
|
Columbia Pipelines Holding Co. LLC 5.68%,
01/15/2034(1)
|
314,207
|
|
|
|
Columbia Pipelines Operating Co. LLC
|
|
|
|
1,179,000
|
6.50%, 08/15/2043(1)
|
1,257,456
|
|
|
419,000
|
6.54%, 11/15/2053(1)(6)
|
449,445
|
|
|
|
Enbridge, Inc.
|
|
|
|
395,000
|
4.90%, 06/20/2030(6)
|
403,942
|
|
|
400,000
|
5.55%, 06/20/2035
|
412,505
|
|
|
957,000
|
Energy Transfer LP 5.35%, 05/15/2045
|
877,830
|
|
|
1,020,000
|
Enterprise Products Operating LLC 5.20%,
01/15/2036
|
1,036,715
|
|
|
1,450,819
|
Galaxy Pipeline Assets Bidco Ltd. 2.16%,
03/31/2034(1)
|
1,317,277
|
|
|
|
Gray Oak Pipeline LLC
|
|
|
|
606,000
|
2.60%, 10/15/2025(1)
|
605,418
|
|
|
100,000
|
3.45%, 10/15/2027(1)
|
98,576
|
|
|
|
Greensaif Pipelines Bidco SARL
|
|
|
|
920,000
|
5.85%, 02/23/2036(1)
|
964,667
|
|
|
1,796,000
|
6.10%, 08/23/2042(1)
|
1,888,778
|
|
|
1,370,000
|
ONEOK, Inc. 5.63%, 01/15/2028(1)
|
1,399,752
|
|
|
|
Whistler Pipeline LLC
|
|
|
|
1,454,000
|
5.40%, 09/30/2029(1)
|
1,495,352
|
|
|
995,000
|
5.70%, 09/30/2031(1)
|
1,034,389
|
|
|
|
|
|
13,556,309
|
|
|
Real Estate - 0.2%
|
||
|
2,520,000
|
Broad Street LLC 4.20%, 10/01/2030(8)
|
2,519,213
|
|
|
|
Real Estate Investment Trusts - 1.3%
|
||
|
2,410,000
|
American Tower Trust I 5.49%, 03/15/2053(1)
|
2,453,605
|
|
|
|
Crown Castle, Inc.
|
|
|
|
1,382,000
|
5.00%, 01/11/2028
|
1,401,418
|
|
|
633,000
|
5.10%, 05/01/2033
|
640,573
|
|
|
891,000
|
5.20%, 09/01/2034
|
900,426
|
|
|
|
Extra Space Storage LP
|
|
|
|
330,000
|
4.95%, 01/15/2033
|
331,946
|
|
|
1,451,000
|
5.40%, 06/15/2035
|
1,482,299
|
|
|
935,000
|
5.90%, 01/15/2031
|
993,386
|
|
|
|
GLP Capital LP/GLP Financing II, Inc.
|
|
|
|
2,200,000
|
3.25%, 01/15/2032
|
1,979,278
|
|
|
395,000
|
5.25%, 02/15/2033
|
395,644
|
|
|
1,789,000
|
6.75%, 12/01/2033
|
1,938,485
|
|
|
1,590,000
|
Healthpeak OP LLC 4.75%, 01/15/2033
|
1,579,713
|
|
|
640,000
|
Kilroy Realty LP 5.88%, 10/15/2035(6)
|
648,517
|
|
|
195,000
|
Kite Realty Group LP 5.20%, 08/15/2032
|
198,713
|
|
|
2,718,000
|
LXP Industrial Trust 6.75%, 11/15/2028
|
2,889,165
|
|
|
1,504,000
|
Prologis Targeted U.S. Logistics Fund LP
5.25%, 01/15/2035(1)
|
1,538,207
|
|
|
|
SBA Tower Trust
|
|
|
|
545,000
|
1.63%, 05/15/2051(1)
|
529,088
|
|
|
300,000
|
1.88%, 07/15/2050(1)
|
297,724
|
|
|
|
WEA Finance LLC
|
|
|
|
160,000
|
2.88%, 01/15/2027(1)
|
156,755
|
|
|
350,000
|
3.50%, 06/15/2029(1)
|
337,715
|
|
|
|
|
|
20,692,657
|
|
|
Semiconductors - 0.3%
|
||
|
|
Foundry JV Holdco LLC
|
|
|
|
305,000
|
5.90%, 01/25/2030(1)
|
321,625
|
|
|
389,000
|
5.90%, 01/25/2033(1)
|
410,195
|
|
|
Shares or Principal Amount
|
|
Market Value†
|
|
|
CORPORATE BONDS - 10.9% - (continued)
|
|||
|
|
Semiconductors - 0.3% - (continued)
|
||
|
$ 1,011,000
|
6.20%, 01/25/2037(1)
|
$1,078,424
|
|
|
|
Intel Corp.
|
|
|
|
1,936,000
|
4.60%, 03/25/2040
|
1,759,662
|
|
|
719,000
|
5.60%, 02/21/2054
|
690,368
|
|
|
|
|
|
4,260,274
|
|
|
Software - 0.2%
|
||
|
1,130,000
|
Constellation Software, Inc. 5.46%,
02/16/2034(1)
|
1,154,367
|
|
|
|
Synopsys, Inc.
|
|
|
|
1,095,000
|
4.85%, 04/01/2030
|
1,115,335
|
|
|
1,200,000
|
5.00%, 04/01/2032
|
1,226,276
|
|
|
|
|
|
3,495,978
|
|
|
Telecommunications - 0.2%
|
||
|
|
AT&T, Inc.
|
|
|
|
267,000
|
4.35%, 06/15/2045
|
225,589
|
|
|
1,295,000
|
4.55%, 11/01/2032
|
1,289,255
|
|
|
1,320,000
|
5.55%, 11/01/2045
|
1,306,877
|
|
|
|
|
|
2,821,721
|
|
|
Trucking & Leasing - 0.1%
|
||
|
775,000
|
Penske Truck Leasing Co. LP/PTL Finance
Corp. 5.25%, 02/01/2030(1)
|
799,326
|
|
|
|
Total Corporate Bonds
(cost $175,121,659)
|
$177,796,900
|
|
|
FOREIGN GOVERNMENT OBLIGATIONS - 0.4%
|
|||
|
|
Israel - 0.1%
|
||
|
1,630,000
|
Israel Government International Bonds 5.38%,
03/12/2029
|
$1,674,624
|
|
|
|
Mexico - 0.1%
|
||
|
|
Mexico Government International Bonds
|
|
|
|
457,000
|
6.40%, 05/07/2054
|
446,037
|
|
|
1,265,000
|
6.75%, 09/27/2034
|
1,377,585
|
|
|
|
|
|
1,823,622
|
|
|
Saudi Arabia - 0.2%
|
||
|
2,015,000
|
Saudi Government International Bonds 5.38%,
01/13/2031(1)
|
2,116,090
|
|
|
|
Total Foreign Government Obligations
(cost $5,459,071)
|
|
$5,614,336
|
|
MUNICIPAL BONDS - 0.6%
|
|||
|
|
Airport - 0.0%
|
||
|
60,000
|
Dallas Fort Worth International Airport, TX,
Rev 4.09%, 11/01/2051
|
$49,928
|
|
|
710,000
|
Port Auth of New York & New Jersey, NY, Rev
3.18%, 07/15/2060
|
465,205
|
|
|
|
|
|
515,133
|
|
|
General - 0.1%
|
||
|
168,940
|
Chicago Transit Auth Sales & Transfer Tax
Receipts, IL, Rev 6.90%, 12/01/2040
|
188,755
|
|
|
540,000
|
Kansas Dev Finance Auth, KS, Rev, (BAM)
2.77%, 05/01/2051
|
384,001
|
|
|
1,250,000
|
Philadelphia Auth for Industrial Dev, PA, Rev,
(NPFG) 6.55%, 10/15/2028
|
1,327,379
|
|
|
|
|
|
1,900,135
|
|
|
General Obligation - 0.2%
|
||
|
3,682,157
|
State of Illinois, IL, GO 5.10%, 06/01/2033
|
3,745,799
|
|
|
|
4
|
|
|
Shares or Principal Amount
|
|
Market Value†
|
|
|
MUNICIPAL BONDS - 0.6% - (continued)
|
|||
|
|
Tobacco - 0.0%
|
||
|
$ 115,000
|
Golden State Tobacco Securitization Corp.,
CA, Rev, (ST APPROP) 3.00%, 06/01/2046
|
$102,826
|
|
|
|
Transportation - 0.1%
|
||
|
|
Metropolitan Transportation Auth, NY, Rev
|
|
|
|
15,000
|
6.20%, 11/15/2026
|
15,151
|
|
|
375,000
|
6.67%, 11/15/2039
|
411,034
|
|
|
500,000
|
6.81%, 11/15/2040
|
554,786
|
|
|
|
|
|
980,971
|
|
|
Utilities - 0.1%
|
||
|
816,471
|
Texas Natural Gas Securitization Finance
Corp., TX, Rev 5.10%, 04/01/2035
|
841,207
|
|
|
|
Utility - Electric - 0.1%
|
||
|
305,000
|
Illinois Municipal Electric Agency, IL, Rev
6.83%, 02/01/2035
|
314,988
|
|
|
802,000
|
Municipal Electric Auth of Georgia, GA, Rev
6.64%, 04/01/2057
|
878,926
|
|
|
|
|
|
1,193,914
|
|
|
Total Municipal Bonds
(cost $9,913,245)
|
|
$9,279,985
|
|
U.S. GOVERNMENT AGENCIES - 0.8%
|
|||
|
|
Mortgage-Backed Agencies - 0.8%
|
||
|
|
Federal Home Loan Mortgage Corp. - 0.0%
|
||
|
285
|
7.04%, 04/01/2029, 1 yr. USD CMT +
2.28%(3)
|
$285
|
|
|
|
Federal National Mortgage Association - 0.7%
|
||
|
2,270,000
|
4.34%, 08/01/2030
|
2,284,239
|
|
|
2,650,000
|
4.40%, 09/01/2030
|
2,677,886
|
|
|
2,611,000
|
4.42%, 08/01/2030
|
2,636,566
|
|
|
2,310,000
|
4.47%, 05/01/2030
|
2,331,578
|
|
|
1,304,000
|
4.60%, 04/01/2030
|
1,329,175
|
|
|
|
|
|
11,259,444
|
|
|
Government National Mortgage Association - 0.1%
|
||
|
1,800,797
|
2.50%, 10/20/2049
|
1,614,513
|
|
|
24,177
|
5.00%, 07/15/2037
|
24,623
|
|
|
107
|
6.00%, 07/15/2026
|
108
|
|
|
322
|
6.00%, 03/15/2028
|
331
|
|
|
342
|
6.00%, 04/15/2028
|
350
|
|
|
4,907
|
6.00%, 05/15/2028
|
4,988
|
|
|
3,134
|
6.00%, 07/15/2028
|
3,168
|
|
|
1,143
|
6.00%, 08/15/2028
|
1,163
|
|
|
7,256
|
6.00%, 09/15/2028
|
7,355
|
|
|
17,521
|
6.00%, 10/15/2028
|
17,780
|
|
|
16,670
|
6.00%, 11/15/2028
|
16,922
|
|
|
12,423
|
6.00%, 12/15/2028
|
12,611
|
|
|
317
|
6.00%, 12/15/2031
|
329
|
|
|
5,146
|
6.00%, 09/15/2032
|
5,392
|
|
|
2,716
|
6.00%, 11/15/2032
|
2,841
|
|
|
1,231
|
6.00%, 04/15/2033
|
1,233
|
|
|
31,233
|
6.00%, 06/15/2033
|
31,951
|
|
|
8,708
|
6.00%, 10/15/2033
|
9,111
|
|
|
714
|
6.00%, 11/15/2033
|
754
|
|
|
15,541
|
6.00%, 10/15/2034
|
15,799
|
|
|
39,808
|
6.00%, 01/15/2035
|
40,994
|
|
|
4,458
|
6.00%, 05/15/2035
|
4,463
|
|
|
4,249
|
6.00%, 06/15/2035
|
4,376
|
|
|
14
|
6.50%, 03/15/2026
|
14
|
|
|
22
|
6.50%, 01/15/2028
|
22
|
|
|
10,003
|
6.50%, 03/15/2028
|
10,146
|
|
|
10,097
|
6.50%, 04/15/2028
|
10,218
|
|
|
Shares or Principal Amount
|
|
Market Value†
|
|
|
U.S. GOVERNMENT AGENCIES - 0.8% - (continued)
|
|||
|
|
Mortgage-Backed Agencies - 0.8% - (continued)
|
||
|
|
Government National Mortgage Association - 0.1% - (continued)
|
||
|
$ 3,697
|
6.50%, 05/15/2028
|
$3,749
|
|
|
10,352
|
6.50%, 06/15/2028
|
10,505
|
|
|
1,801
|
6.50%, 10/15/2028
|
1,829
|
|
|
423
|
6.50%, 02/15/2035
|
438
|
|
|
636
|
7.00%, 11/15/2031
|
649
|
|
|
389
|
7.00%, 03/15/2032
|
397
|
|
|
270,528
|
7.00%, 11/15/2032
|
284,691
|
|
|
23,100
|
7.00%, 01/15/2033
|
23,990
|
|
|
26,652
|
7.00%, 05/15/2033
|
27,567
|
|
|
3,047
|
7.00%, 07/15/2033
|
3,153
|
|
|
30,395
|
7.00%, 11/15/2033
|
31,439
|
|
|
9,788
|
7.50%, 09/16/2035
|
9,808
|
|
|
5
|
8.00%, 09/15/2026
|
5
|
|
|
222
|
8.00%, 12/15/2026
|
222
|
|
|
383
|
8.00%, 07/15/2029
|
391
|
|
|
550
|
8.00%, 12/15/2029
|
557
|
|
|
1,989
|
8.00%, 01/15/2030
|
2,002
|
|
|
860
|
8.00%, 02/15/2030
|
863
|
|
|
386
|
8.00%, 03/15/2030
|
388
|
|
|
2,796
|
8.00%, 04/15/2030
|
2,811
|
|
|
2,026
|
8.00%, 05/15/2030
|
2,043
|
|
|
8,772
|
8.00%, 06/15/2030
|
8,920
|
|
|
582
|
8.00%, 07/15/2030
|
587
|
|
|
17,166
|
8.00%, 08/15/2030
|
17,391
|
|
|
7,940
|
8.00%, 09/15/2030
|
7,995
|
|
|
19,269
|
8.00%, 12/15/2030
|
19,399
|
|
|
|
|
|
2,303,344
|
|
|
Total U.S. Government Agencies
(cost $13,400,898)
|
|
$13,563,073
|
|
U.S. GOVERNMENT SECURITIES - 20.5%
|
|||
|
|
U.S. Treasury Securities - 20.5%
|
||
|
|
U.S. Treasury Bonds - 6.1%
|
||
|
2,781,200
|
2.38%, 05/15/2051
|
$1,789,311
|
|
|
4,659,200
|
2.50%, 02/15/2045
|
3,337,334
|
|
|
2,041,900
|
2.75%, 11/15/2047
|
1,475,831
|
|
|
5,152,000
|
2.88%, 05/15/2052
|
3,676,435
|
|
|
400,000
|
3.25%, 05/15/2042
|
336,031
|
|
|
4,488,500
|
3.38%, 08/15/2042
|
3,824,342
|
|
|
4,012,200
|
3.63%, 02/15/2053
|
3,317,118
|
|
|
2,560,100
|
3.63%, 05/15/2053
|
2,114,483
|
|
|
5,250,000
|
3.88%, 02/15/2043
|
4,764,990
|
|
|
4,748,300
|
3.88%, 05/15/2043
|
4,301,107
|
|
|
6,040,000
|
4.00%, 11/15/2042
|
5,584,169
|
|
|
4,436,100
|
4.00%, 11/15/2052
|
3,925,775
|
|
|
3,288,900
|
4.13%, 08/15/2044
|
3,052,767
|
|
|
2,696,900
|
4.13%, 08/15/2053
|
2,437,639
|
|
|
1,499,700
|
4.25%, 02/15/2054
|
1,384,293
|
|
|
3,289,300
|
4.25%, 08/15/2054
|
3,036,435
|
|
|
7,278,100
|
4.38%, 02/15/2038
|
7,339,793
|
|
|
5,725,900
|
4.38%, 08/15/2043
|
5,525,941
|
|
|
3,865,900
|
4.50%, 02/15/2044
|
3,781,183
|
|
|
2,720,600
|
4.50%, 11/15/2054
|
2,619,534
|
|
|
1,295,700
|
4.63%, 05/15/2044
|
1,286,235
|
|
|
3,720,800
|
4.63%, 11/15/2044
|
3,686,208
|
|
|
3,455,000
|
4.63%, 05/15/2054
|
3,394,538
|
|
|
2,556,300
|
4.63%, 02/15/2055
|
2,512,763
|
|
|
3,964,000
|
4.75%, 11/15/2043
|
4,006,118
|
|
|
2,588,500
|
4.75%, 02/15/2045
|
2,604,678
|
|
|
3,955,400
|
4.75%, 11/15/2053
|
3,962,198
|
|
|
3,215,600
|
4.75%, 05/15/2055
|
3,225,649
|
|
|
352,600
|
4.75%, 08/15/2055
|
353,812
|
|
|
|
5
|
|
|
Shares or Principal Amount
|
|
Market Value†
|
|
|
U.S. GOVERNMENT SECURITIES - 20.5% - (continued)
|
|||
|
|
U.S. Treasury Securities - 20.5% - (continued)
|
||
|
|
U.S. Treasury Bonds - 6.1% - (continued)
|
||
|
$ 758,100
|
4.88%, 08/15/2045
|
$775,039
|
|
|
5,178,200
|
5.00%, 05/15/2045
|
5,377,237
|
|
|
|
|
|
98,808,986
|
|
|
U.S. Treasury Notes - 14.4%
|
||
|
4,505,600
|
1.50%, 01/31/2027
|
4,378,176
|
|
|
430,000
|
1.50%, 11/30/2028
|
402,638
|
|
|
590,000
|
2.63%, 07/31/2029
|
567,829
|
|
|
890,000
|
2.75%, 05/31/2029
|
862,014
|
|
|
326,000
|
3.25%, 06/30/2029
|
321,123
|
|
|
580,000
|
3.38%, 09/15/2028
|
576,058
|
|
|
5,186,200
|
3.50%, 09/30/2029
|
5,149,532
|
|
|
635,000
|
3.50%, 04/30/2030
|
628,898
|
|
|
18,501,300
|
3.63%, 08/31/2027
|
18,500,577
|
|
|
5,696,100
|
3.63%, 08/31/2029
|
5,682,305
|
|
|
512,000
|
3.63%, 03/31/2030
|
509,900
|
|
|
15,565,100
|
3.63%, 08/31/2030
|
15,484,842
|
|
|
4,379,200
|
3.63%, 09/30/2030
|
4,358,885
|
|
|
258,600
|
3.63%, 09/30/2031
|
255,570
|
|
|
7,242,600
|
3.75%, 04/30/2027
|
7,252,785
|
|
|
6,588,100
|
3.75%, 06/30/2027
|
6,599,938
|
|
|
3,510,900
|
3.75%, 08/15/2027
|
3,518,169
|
|
|
3,224,200
|
3.75%, 05/15/2028
|
3,234,527
|
|
|
620,000
|
3.75%, 05/31/2030
|
620,436
|
|
|
758,000
|
3.75%, 12/31/2030
|
757,171
|
|
|
544,900
|
3.75%, 08/31/2031
|
542,431
|
|
|
11,554,600
|
3.88%, 03/31/2027
|
11,588,903
|
|
|
1,368,400
|
3.88%, 05/31/2027
|
1,373,157
|
|
|
8,590,100
|
3.88%, 07/31/2027
|
8,625,333
|
|
|
685,000
|
3.88%, 11/30/2029
|
689,415
|
|
|
4,451,400
|
3.88%, 04/30/2030
|
4,479,569
|
|
|
5,772,100
|
3.88%, 06/30/2030
|
5,807,499
|
|
|
3,949,500
|
3.88%, 07/31/2030
|
3,973,259
|
|
|
2,332,600
|
3.88%, 08/31/2032
|
2,325,675
|
|
|
411,000
|
4.00%, 01/15/2027
|
412,541
|
|
|
4,003,100
|
4.00%, 01/31/2029
|
4,046,415
|
|
|
5,718,700
|
4.00%, 07/31/2029
|
5,781,918
|
|
|
150,000
|
4.00%, 10/31/2029
|
151,687
|
|
|
1,538,300
|
4.00%, 02/28/2030
|
1,556,147
|
|
|
5,910,000
|
4.00%, 03/31/2030
|
5,977,642
|
|
|
3,432,700
|
4.00%, 05/31/2030
|
3,472,927
|
|
|
483,900
|
4.00%, 07/31/2030
|
489,363
|
|
|
891,300
|
4.00%, 06/30/2032
|
895,896
|
|
|
3,401,900
|
4.00%, 07/31/2032
|
3,417,846
|
|
|
7,491,100
|
4.13%, 01/31/2027
|
7,531,482
|
|
|
2,700,800
|
4.13%, 02/28/2027
|
2,716,941
|
|
|
5,127,100
|
4.13%, 03/31/2029
|
5,205,208
|
|
|
5,031,800
|
4.13%, 10/31/2029
|
5,111,798
|
|
|
5,728,100
|
4.13%, 11/30/2029
|
5,820,287
|
|
|
754,300
|
4.13%, 08/31/2030
|
766,940
|
|
|
873,100
|
4.13%, 07/31/2031
|
886,367
|
|
|
824,200
|
4.13%, 10/31/2031
|
836,241
|
|
|
497,800
|
4.13%, 03/31/2032
|
504,411
|
|
|
1,790,400
|
4.13%, 05/31/2032
|
1,813,060
|
|
|
5,752,000
|
4.25%, 11/30/2026
|
5,785,928
|
|
|
1,515,400
|
4.25%, 12/31/2026
|
1,525,167
|
|
|
6,690,700
|
4.25%, 02/28/2029
|
6,817,980
|
|
|
2,697,800
|
4.25%, 06/30/2029
|
2,751,440
|
|
|
3,448,800
|
4.25%, 01/31/2030
|
3,521,818
|
|
|
1,887,500
|
4.25%, 11/15/2034
|
1,908,808
|
|
|
4,040,800
|
4.25%, 05/15/2035
|
4,078,051
|
|
|
5,304,300
|
4.25%, 08/15/2035
|
5,347,397
|
|
|
3,953,000
|
4.38%, 12/15/2026
|
3,983,883
|
|
|
Shares or Principal Amount
|
|
Market Value†
|
|
|
U.S. GOVERNMENT SECURITIES - 20.5% - (continued)
|
|||
|
|
U.S. Treasury Securities - 20.5% - (continued)
|
||
|
|
U.S. Treasury Notes - 14.4% - (continued)
|
||
|
$ 4,602,000
|
4.38%, 12/31/2029
|
$4,721,005
|
|
|
170,000
|
4.38%, 01/31/2032
|
174,702
|
|
|
6,319,900
|
4.50%, 05/31/2029
|
6,497,153
|
|
|
988,400
|
4.50%, 12/31/2031
|
1,022,685
|
|
|
3,654,600
|
4.63%, 04/30/2029
|
3,771,233
|
|
|
1,733,700
|
4.63%, 04/30/2031
|
1,804,673
|
|
|
1,012,100
|
4.63%, 05/31/2031
|
1,053,533
|
|
|
3,011,600
|
4.63%, 02/15/2035
|
3,129,711
|
|
|
927,000
|
4.88%, 10/31/2030
|
974,400
|
|
|
|
|
|
235,331,298
|
|
|
Total U.S. Government Securities
(cost $337,193,241)
|
|
$334,140,284
|
|
COMMON STOCKS - 63.0%
|
|||
|
|
Automobiles & Components - 0.8%
|
||
|
481,415
|
Gentex Corp.
|
$13,624,045
|
|
|
|
Banks - 2.6%
|
||
|
88,073
|
JP Morgan Chase & Co.
|
27,780,866
|
|
|
70,095
|
M&T Bank Corp.
|
13,852,174
|
|
|
|
|
|
41,633,040
|
|
|
Capital Goods - 5.1%
|
||
|
76,023
|
3M Co.
|
11,797,249
|
|
|
119,137
|
Emerson Electric Co.
|
15,628,392
|
|
|
140,615
|
Johnson Controls International PLC
|
15,460,619
|
|
|
53,392
|
L3Harris Technologies, Inc.
|
16,306,451
|
|
|
73,821
|
Middleby Corp.*
|
9,813,025
|
|
|
144,318
|
PACCAR, Inc.
|
14,189,346
|
|
|
|
|
|
83,195,082
|
|
|
Consumer Discretionary Distribution & Retail - 2.6%
|
||
|
63,384
|
Dick's Sporting Goods, Inc.
|
14,085,193
|
|
|
266,524
|
Industria de Diseno Textil SA
|
14,750,463
|
|
|
222,604
|
Tractor Supply Co.
|
12,659,489
|
|
|
|
|
|
41,495,145
|
|
|
Consumer Services - 2.1%
|
||
|
111,977
|
Airbnb, Inc. Class A*
|
13,596,247
|
|
|
221,565
|
H&R Block, Inc.
|
11,204,542
|
|
|
117,675
|
Starbucks Corp.
|
9,955,305
|
|
|
|
|
|
34,756,094
|
|
|
Energy - 2.7%
|
||
|
478,375
|
Antero Resources Corp.*
|
16,054,265
|
|
|
133,601
|
ConocoPhillips
|
12,637,319
|
|
|
94,404
|
Targa Resources Corp.
|
15,816,446
|
|
|
|
|
|
44,508,030
|
|
|
Equity Real Estate Investment Trusts (REITs) - 1.5%
|
||
|
160,817
|
Crown Castle, Inc. REIT
|
15,517,232
|
|
|
199,223
|
Gaming & Leisure Properties, Inc. REIT
|
9,285,784
|
|
|
|
|
|
24,803,016
|
|
|
Financial Services - 7.0%
|
||
|
61,554
|
Ares Management Corp. Class A
|
9,841,869
|
|
|
158,146
|
Block, Inc.*
|
11,429,211
|
|
|
72,740
|
Intercontinental Exchange, Inc.
|
12,255,235
|
|
|
106,884
|
KKR & Co., Inc.
|
13,889,576
|
|
|
41,297
|
LPL Financial Holdings, Inc.
|
13,739,099
|
|
|
87,738
|
Morgan Stanley
|
13,946,833
|
|
|
133,764
|
Nasdaq, Inc.
|
11,831,426
|
|
|
84,770
|
Raymond James Financial, Inc.
|
14,631,302
|
|
|
23,678
|
S&P Global, Inc.
|
11,524,319
|
|
|
|
|
|
113,088,870
|
|
|
6
|
|
|
Shares or Principal Amount
|
|
Market Value†
|
|
|
COMMON STOCKS - 63.0% - (continued)
|
|||
|
|
Food, Beverage & Tobacco - 0.7%
|
||
|
413,053
|
Keurig Dr. Pepper, Inc.
|
$10,536,982
|
|
|
|
Health Care Equipment & Services - 3.4%
|
||
|
74,889
|
Align Technology, Inc.*
|
9,377,600
|
|
|
136,178
|
Edwards Lifesciences Corp.*
|
10,590,563
|
|
|
48,865
|
Elevance Health, Inc.
|
15,789,259
|
|
|
57,606
|
UnitedHealth Group, Inc.
|
19,891,352
|
|
|
|
|
|
55,648,774
|
|
|
Household & Personal Products - 0.8%
|
||
|
206,551
|
Unilever PLC ADR
|
12,244,343
|
|
|
|
Insurance - 1.3%
|
||
|
206,465
|
MetLife, Inc.
|
17,006,522
|
|
|
16,200
|
Progressive Corp.
|
4,000,590
|
|
|
|
|
|
21,007,112
|
|
|
Materials - 0.5%
|
||
|
301,782
|
Axalta Coating Systems Ltd.*
|
8,637,001
|
|
|
|
Media & Entertainment - 4.0%
|
||
|
264,007
|
Alphabet, Inc. Class C
|
64,298,905
|
|
|
|
Pharmaceuticals, Biotechnology & Life Sciences - 4.8%
|
||
|
149,290
|
AstraZeneca PLC ADR
|
11,453,529
|
|
|
35,374
|
Eli Lilly & Co.
|
26,990,362
|
|
|
149,846
|
Gilead Sciences, Inc.
|
16,632,906
|
|
|
542,212
|
Pfizer, Inc.
|
13,815,562
|
|
|
28,683
|
Roche Holding AG
|
9,550,965
|
|
|
|
|
|
78,443,324
|
|
|
Semiconductors & Semiconductor Equipment - 8.5%
|
||
|
98,695
|
Advanced Micro Devices, Inc.*
|
15,967,864
|
|
|
126,074
|
Broadcom, Inc.
|
41,593,073
|
|
|
352,990
|
NVIDIA Corp.
|
65,860,874
|
|
|
67,320
|
NXP Semiconductors NV
|
15,330,784
|
|
|
|
|
|
138,752,595
|
|
|
Software & Services - 9.4%
|
||
|
58,153
|
Accenture PLC Class A
|
14,340,530
|
|
|
161,204
|
Amdocs Ltd.
|
13,226,788
|
|
|
175,711
|
Microsoft Corp.
|
91,009,512
|
|
|
73,653
|
Salesforce, Inc.
|
17,455,761
|
|
|
35,253
|
Synopsys, Inc.*
|
17,393,478
|
|
|
|
|
|
153,426,069
|
|
|
Technology Hardware & Equipment - 3.4%
|
||
|
252,712
|
Cisco Systems, Inc.
|
17,290,555
|
|
|
158,029
|
Corning, Inc.
|
12,963,119
|
|
|
34,055
|
F5, Inc.*
|
11,006,235
|
|
|
119,036
|
NetApp, Inc.
|
14,101,005
|
|
|
|
|
|
55,360,914
|
|
|
Transportation - 0.9%
|
||
|
154,186
|
Uber Technologies, Inc.*
|
15,105,603
|
|
|
|
Utilities - 0.9%
|
||
|
161,911
|
Sempra
|
14,568,752
|
|
|
|
Total Common Stocks
(cost $621,172,355)
|
|
$1,025,133,696
|
|
|
Total Long-Term Investments
(cost $1,179,256,227)
|
|
$1,582,525,917
|
|
Shares or Principal Amount
|
|
Market Value†
|
|
|
SHORT-TERM INVESTMENTS - 0.9%
|
|||
|
|
Repurchase Agreements - 0.5%
|
||
|
$ 8,710,407
|
Fixed Income Clearing Corp. Repurchase
Agreement dated 09/30/2025 at 4.20%,
due on 10/01/2025 with a maturity value
of $8,711,423; collateralized by
U.S. Treasury Note at 3.88%, maturing
09/30/2032, with a market value of
$8,884,682
|
$8,710,407
|
|
|
|
Securities Lending Collateral - 0.4%
|
||
|
5,673,550
|
State Street Navigator Securities Lending
Government Money Market Portfolio,
4.12%(9)
|
5,673,550
|
|
|
|
Total Short-Term Investments
(cost $14,383,957)
|
$14,383,957
|
|
|
|
Total Investments
(cost $1,193,640,184)
|
98.2
%
|
$1,596,909,874
|
|
|
Other Assets and Liabilities
|
1.8
%
|
29,856,897
|
|
|
Net Assets
|
100.0
%
|
$1,626,766,771
|
|
*
|
Non-income producing.
|
|
(1)
|
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 September 30, 2025, the aggregate value of these securities was
$97,132,029, representing 6.0% of net assets.
|
|
(2)
|
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.
|
|
(3)
|
Variable rate securities; the rate reported is the coupon rate in effect at September
30, 2025. Base lending rates may be subject to a floor or cap.
|
|
(4)
|
Security is a “step-up” bond where coupon increases or steps up at a
predetermined date. Rate shown is current coupon rate.
|
|
(5)
|
Fixed to variable rate investment. The rate shown reflects the fixed rate in effect
at
September 30, 2025. Rate will reset at a future date. Base lending rates may be
subject to a floor or cap.
|
|
|
7
|
|
|
(6)
|
Represents entire or partial securities on loan.
|
|
(7)
|
Security is exempt from registration under Regulation S under the Securities Act of
1933, which exempts from registration securities offered and sold outside of the
United States. Security may not be offered or sold in the United States except
pursuant to an exemption from, or in a transaction not subject to, the registration
requirements of the Securities Act of 1933. At September 30, 2025, the aggregate
value of this security was $387,154, representing 0.0% of net assets.
|
|
(8)
|
Investment valued using significant unobservable inputs.
|
|
(9)
|
Current yield as of period end.
|
|
†
|
For information regarding the Fund’s significant accounting policies, please refer to
the Fund’s most recent Financial Statements and Other Information.
|
|
Description
|
Total
|
Level 1
|
Level 2
|
Level 3(1)
|
|
Assets
|
|
|
|
|
|
Asset & Commercial Mortgage-Backed Securities
|
$16,997,643
|
$—
|
$16,997,643
|
$—
|
|
Corporate Bonds
|
177,796,900
|
—
|
175,277,687
|
2,519,213
|
|
Foreign Government Obligations
|
5,614,336
|
—
|
5,614,336
|
—
|
|
Municipal Bonds
|
9,279,985
|
—
|
9,279,985
|
—
|
|
U.S. Government Agencies
|
13,563,073
|
—
|
13,563,073
|
—
|
|
U.S. Government Securities
|
334,140,284
|
—
|
334,140,284
|
—
|
|
Common Stocks
|
1,025,133,696
|
1,000,832,268
|
24,301,428
|
—
|
|
Short-Term Investments
|
14,383,957
|
5,673,550
|
8,710,407
|
—
|
|
Total
|
$1,596,909,874
|
$1,006,505,818
|
$587,884,843
|
$2,519,213
|
|
(1)
|
For the period ended September 30, 2025, there were no transfers in and out of Level
3.
|
|
|
8
|
|
|
Shares or Principal Amount
|
|
Market Value†
|
|
|
COMMON STOCKS - 97.7%
|
|||
|
|
Automobiles & Components - 2.3%
|
||
|
489,164
|
Gentex Corp.
|
$13,843,341
|
|
|
161,174
|
Tesla, Inc.*
|
71,677,302
|
|
|
|
|
|
85,520,643
|
|
|
Banks - 1.8%
|
||
|
623,242
|
KeyCorp
|
11,648,393
|
|
|
107,740
|
M&T Bank Corp.
|
21,291,579
|
|
|
390,371
|
Wells Fargo & Co.
|
32,720,897
|
|
|
|
|
|
65,660,869
|
|
|
Capital Goods - 4.6%
|
||
|
21,894
|
Airbus SE
|
5,112,816
|
|
|
76,957
|
Builders FirstSource, Inc.*
|
9,331,036
|
|
|
115,018
|
Dover Corp.
|
19,188,453
|
|
|
165,059
|
Emerson Electric Co.
|
21,652,440
|
|
|
19,747
|
GE Vernova, Inc.
|
12,142,430
|
|
|
40,269
|
General Dynamics Corp.
|
13,731,729
|
|
|
127,808
|
Honeywell International, Inc.
|
26,903,584
|
|
|
350,600
|
Mammoth, Inc.*(1)(2)
|
6,819,170
|
|
|
48,874
|
Northrop Grumman Corp.
|
29,779,906
|
|
|
44,661
|
RTX Corp.
|
7,473,125
|
|
|
1,085,000
|
Techtronic Industries Co. Ltd.
|
13,869,800
|
|
|
33,398
|
Vertiv Holdings Co. Class A
|
5,038,422
|
|
|
|
|
|
171,042,911
|
|
|
Commercial & Professional Services - 1.0%
|
||
|
79,813
|
Booz Allen Hamilton Holding Corp.
|
7,977,309
|
|
|
29,073
|
CACI International, Inc. Class A*
|
14,501,031
|
|
|
163,350
|
TransUnion
|
13,685,463
|
|
|
|
|
|
36,163,803
|
|
|
Consumer Discretionary Distribution & Retail - 6.3%
|
||
|
543,474
|
Amazon.com, Inc.*
|
119,330,586
|
|
|
67,431
|
CarMax, Inc.*
|
3,025,629
|
|
|
135,249
|
Chewy, Inc. Class A*
|
5,470,822
|
|
|
129,853
|
Dick's Sporting Goods, Inc.
|
28,855,934
|
|
|
95,709
|
Home Depot, Inc.
|
38,780,330
|
|
|
238,070
|
TJX Cos., Inc.
|
34,410,638
|
|
|
115,140
|
Tory Burch LLC*(1)(2)
|
6,162,274
|
|
|
|
|
|
236,036,213
|
|
|
Consumer Durables & Apparel - 0.6%
|
||
|
231,042
|
NIKE, Inc. Class B
|
16,110,559
|
|
|
132,020
|
On Holding AG Class A*
|
5,591,047
|
|
|
|
|
|
21,701,606
|
|
|
Consumer Services - 3.0%
|
||
|
127,121
|
Airbnb, Inc. Class A*
|
15,435,032
|
|
|
305,382
|
DraftKings, Inc. Class A*
|
11,421,287
|
|
|
60,258
|
Flutter Entertainment PLC*
|
15,305,532
|
|
|
27,995
|
Hyatt Hotels Corp. Class A
|
3,973,330
|
|
|
74,967
|
Marriott International, Inc. Class A
|
19,524,406
|
|
|
98,619
|
McDonald's Corp.
|
29,969,328
|
|
|
117,833
|
Starbucks Corp.
|
9,968,672
|
|
|
78,436
|
Wyndham Hotels & Resorts, Inc.
|
6,267,036
|
|
|
|
|
|
111,864,623
|
|
|
Consumer Staples Distribution & Retail - 0.4%
|
||
|
236,550
|
Kroger Co.
|
15,945,836
|
|
|
|
Energy - 2.7%
|
||
|
396,563
|
Canadian Natural Resources Ltd.
|
12,674,154
|
|
|
199,578
|
ConocoPhillips
|
18,878,083
|
|
|
333,012
|
Coterra Energy, Inc.
|
7,875,734
|
|
|
135,364
|
Exxon Mobil Corp.
|
15,262,291
|
|
|
493,990
|
Schlumberger NV
|
16,978,436
|
|
|
Shares or Principal Amount
|
|
Market Value†
|
|
|
COMMON STOCKS - 97.7% - (continued)
|
|||
|
|
Energy - 2.7% - (continued)
|
||
|
40,643
|
Targa Resources Corp.
|
$6,809,328
|
|
|
135,227
|
Valero Energy Corp.
|
23,023,749
|
|
|
|
|
|
101,501,775
|
|
|
Equity Real Estate Investment Trusts (REITs) - 1.8%
|
||
|
42,705
|
American Tower Corp. REIT
|
8,213,026
|
|
|
45,617
|
AvalonBay Communities, Inc. REIT
|
8,811,836
|
|
|
25,292
|
Equinix, Inc. REIT
|
19,809,706
|
|
|
163,681
|
Prologis, Inc. REIT
|
18,744,748
|
|
|
300,121
|
UDR, Inc. REIT
|
11,182,508
|
|
|
|
|
|
66,761,824
|
|
|
Financial Services - 7.4%
|
||
|
418,959
|
Ally Financial, Inc.
|
16,423,193
|
|
|
92,710
|
American Express Co.
|
30,794,553
|
|
|
47,889
|
CME Group, Inc.
|
12,939,129
|
|
|
32,078
|
Evercore, Inc. Class A
|
10,820,551
|
|
|
208,658
|
Interactive Brokers Group, Inc. Class A
|
14,357,757
|
|
|
145,326
|
KKR & Co., Inc.
|
18,885,114
|
|
|
10,100
|
Klarna Group PLC*
|
370,165
|
|
|
59,750
|
Mastercard, Inc. Class A
|
33,986,397
|
|
|
139,626
|
Morgan Stanley
|
22,194,949
|
|
|
167,913
|
Raymond James Financial, Inc.
|
28,981,784
|
|
|
60,191
|
S&P Global, Inc.
|
29,295,562
|
|
|
274,930
|
TPG, Inc.
|
15,794,728
|
|
|
103,195
|
Tradeweb Markets, Inc. Class A
|
11,452,581
|
|
|
66,702
|
Visa, Inc. Class A
|
22,770,729
|
|
|
92,320
|
Voya Financial, Inc.
|
6,905,536
|
|
|
|
|
|
275,972,728
|
|
|
Food, Beverage & Tobacco - 2.2%
|
||
|
236,772
|
Archer-Daniels-Midland Co.
|
14,144,759
|
|
|
398,262
|
Coca-Cola Co.
|
26,412,736
|
|
|
53,719
|
Constellation Brands, Inc. Class A
|
7,234,338
|
|
|
425,976
|
Keurig Dr. Pepper, Inc.
|
10,866,648
|
|
|
27,465
|
Philip Morris International, Inc.
|
4,454,823
|
|
|
342,502
|
Tyson Foods, Inc. Class A
|
18,597,858
|
|
|
|
|
|
81,711,162
|
|
|
Health Care Equipment & Services - 3.2%
|
||
|
75,493
|
Becton Dickinson & Co.
|
14,130,025
|
|
|
125,694
|
Cardinal Health, Inc.
|
19,728,930
|
|
|
120,602
|
Centene Corp.*
|
4,303,079
|
|
|
276,257
|
Cooper Cos., Inc.*
|
18,940,180
|
|
|
81,313
|
Quest Diagnostics, Inc.
|
15,496,632
|
|
|
68,502
|
Stryker Corp.
|
25,323,134
|
|
|
61,882
|
UnitedHealth Group, Inc.
|
21,367,855
|
|
|
|
|
|
119,289,835
|
|
|
Household & Personal Products - 1.2%
|
||
|
183,393
|
Procter & Gamble Co.
|
28,178,335
|
|
|
308,585
|
Unilever PLC
|
18,240,024
|
|
|
|
|
|
46,418,359
|
|
|
Insurance - 3.5%
|
||
|
200,554
|
Chubb Ltd.
|
56,606,366
|
|
|
37,354
|
Everest Group Ltd.
|
13,082,491
|
|
|
16,764
|
Globe Life, Inc.
|
2,396,749
|
|
|
162,641
|
Marsh & McLennan Cos., Inc.
|
32,777,041
|
|
|
142,421
|
MetLife, Inc.
|
11,731,218
|
|
|
40,651
|
Willis Towers Watson PLC
|
14,042,888
|
|
|
|
|
|
130,636,753
|
|
|
Materials - 3.4%
|
||
|
96,133
|
Barrick Mining Corp.
|
3,150,278
|
|
|
115,722
|
CRH PLC
|
13,961,678
|
|
|
148,593
|
FMC Corp.
|
4,997,183
|
|
|
|
9
|
|
|
Shares or Principal Amount
|
|
Market Value†
|
|
|
COMMON STOCKS - 97.7% - (continued)
|
|||
|
|
Materials - 3.4% - (continued)
|
||
|
545,896
|
Freeport-McMoRan, Inc.
|
$21,410,041
|
|
|
953,717
|
James Hardie Industries PLC ADR*
|
18,320,904
|
|
|
75,006
|
Linde PLC
|
35,627,850
|
|
|
100,523
|
PPG Industries, Inc.
|
10,565,973
|
|
|
66,627
|
Reliance, Inc.
|
18,710,860
|
|
|
|
|
|
126,744,767
|
|
|
Media & Entertainment - 11.4%
|
||
|
818,923
|
Alphabet, Inc. Class A
|
199,080,181
|
|
|
128,280
|
Alphabet, Inc. Class C
|
31,242,594
|
|
|
143,553
|
Liberty Media Corp.-Liberty Formula One
Class C*
|
14,994,111
|
|
|
110,744
|
Live Nation Entertainment, Inc.*
|
18,095,570
|
|
|
116,326
|
Meta Platforms, Inc. Class A
|
85,427,488
|
|
|
28,201
|
Netflix, Inc.*
|
33,810,743
|
|
|
37,246
|
ROBLOX Corp. Class A*
|
5,159,316
|
|
|
19,179
|
Spotify Technology SA*
|
13,386,942
|
|
|
198,814
|
Walt Disney Co.
|
22,764,203
|
|
|
|
|
|
423,961,148
|
|
|
Pharmaceuticals, Biotechnology & Life Sciences - 5.8%
|
||
|
63,260
|
AbbVie, Inc.
|
14,647,220
|
|
|
118,697
|
Agilent Technologies, Inc.
|
15,234,760
|
|
|
225,131
|
AstraZeneca PLC ADR
|
17,272,050
|
|
|
78,106
|
Charles River Laboratories International, Inc.*
|
12,220,465
|
|
|
120,864
|
Danaher Corp.
|
23,962,497
|
|
|
72,972
|
Eli Lilly & Co.
|
55,677,636
|
|
|
160,476
|
Exact Sciences Corp.*
|
8,779,642
|
|
|
1,495,346
|
Haleon PLC
|
6,729,323
|
|
|
70,366
|
ICON PLC*
|
12,314,050
|
|
|
66,186
|
Natera, Inc.*
|
10,653,960
|
|
|
78,951
|
Neurocrine Biosciences, Inc.*
|
11,083,141
|
|
|
310,053
|
Sanofi SA ADR
|
14,634,502
|
|
|
80,917
|
Zoetis, Inc.
|
11,839,775
|
|
|
|
|
|
215,049,021
|
|
|
Real Estate Management & Development - 0.2%
|
||
|
101,029
|
Zillow Group, Inc. Class C*
|
7,784,284
|
|
|
|
Semiconductors & Semiconductor Equipment - 13.9%
|
||
|
87,867
|
Advanced Micro Devices, Inc.*
|
14,216,002
|
|
|
68,673
|
ARM Holdings PLC ADR*
|
9,716,543
|
|
|
25,318
|
ASML Holding NV
|
24,510,103
|
|
|
443,969
|
Broadcom, Inc.
|
146,469,813
|
|
|
30,820
|
First Solar, Inc.*
|
6,796,734
|
|
|
1,360,468
|
NVIDIA Corp.
|
253,836,119
|
|
|
83,816
|
NXP Semiconductors NV
|
19,087,418
|
|
|
101,841
|
QUALCOMM, Inc.
|
16,942,269
|
|
|
147,262
|
Texas Instruments, Inc.
|
27,056,447
|
|
|
|
|
|
518,631,448
|
|
|
Software & Services - 11.2%
|
||
|
147,905
|
Accenture PLC Class A
|
36,473,373
|
|
|
25,059
|
Adobe, Inc.*
|
8,839,562
|
|
|
14,651
|
AppLovin Corp. Class A*
|
10,527,329
|
|
|
462,288
|
Clearwater Analytics Holdings, Inc. Class A*
|
8,330,430
|
|
|
10,290
|
Crowdstrike Holdings, Inc. Class A*
|
5,046,010
|
|
|
74,475
|
Docusign, Inc.*
|
5,368,903
|
|
|
313,101
|
Dynatrace, Inc.*
|
15,169,743
|
|
|
35,863
|
Intuit, Inc.
|
24,491,201
|
|
|
441,157
|
Microsoft Corp.
|
228,497,268
|
|
|
59,639
|
Nutanix, Inc. Class A*
|
4,436,545
|
|
|
88,440
|
Oracle Corp.
|
24,872,866
|
|
|
64,621
|
Palantir Technologies, Inc. Class A*
|
11,788,163
|
|
|
14,556
|
ServiceNow, Inc.*
|
13,395,596
|
|
|
Shares or Principal Amount
|
|
Market Value†
|
|
|
COMMON STOCKS - 97.7% - (continued)
|
|||
|
|
Software & Services - 11.2% - (continued)
|
||
|
61,478
|
Shopify, Inc. Class A*
|
$9,136,246
|
|
|
24,302
|
Synopsys, Inc.*
|
11,990,364
|
|
|
|
|
|
418,363,599
|
|
|
Technology Hardware & Equipment - 6.5%
|
||
|
724,411
|
Apple, Inc.
|
184,456,773
|
|
|
155,840
|
Arista Networks, Inc.*
|
22,707,446
|
|
|
72,050
|
Coherent Corp.*
|
7,761,226
|
|
|
126,491
|
Corning, Inc.
|
10,376,057
|
|
|
178,953
|
Flex Ltd.*
|
10,373,905
|
|
|
55,853
|
Trimble, Inc.*
|
4,560,398
|
|
|
|
|
|
240,235,805
|
|
|
Telecommunication Services - 1.0%
|
||
|
469,784
|
AT&T, Inc.
|
13,266,700
|
|
|
102,827
|
T-Mobile U.S., Inc.
|
24,614,727
|
|
|
|
|
|
37,881,427
|
|
|
Transportation - 0.4%
|
||
|
57,359
|
CH Robinson Worldwide, Inc.
|
7,594,332
|
|
|
216,446
|
Knight-Swift Transportation Holdings, Inc.
|
8,551,781
|
|
|
|
|
|
16,146,113
|
|
|
Utilities - 1.9%
|
||
|
184,034
|
Eversource Energy
|
13,092,179
|
|
|
321,734
|
Exelon Corp.
|
14,481,247
|
|
|
1,145,177
|
Iberdrola SA
|
21,677,443
|
|
|
238,091
|
Sempra
|
21,423,428
|
|
|
|
|
|
70,674,297
|
|
|
Total Common Stocks
(cost $2,381,878,758)
|
|
$3,641,700,849
|
|
CONVERTIBLE PREFERRED STOCKS - 0.0%
|
|||
|
|
Software & Services - 0.0%
|
||
|
58
|
Magic Leap, Inc. Class A*(1)(2)(3)
|
$56
|
|
|
|
Total Convertible Preferred Stocks
(cost $679,566)
|
|
$56
|
|
|
Total Long-Term Investments
(cost $2,382,558,324)
|
|
$3,641,700,905
|
|
SHORT-TERM INVESTMENTS - 0.5%
|
|||
|
|
Repurchase Agreements - 0.5%
|
||
|
$ 17,282,074
|
Fixed Income Clearing Corp. Repurchase
Agreement dated 09/30/2025 at 4.20%,
due on 10/01/2025 with a maturity value
of $17,284,090; collateralized by
U.S. Treasury Inflation-Indexed Note at
0.63%, maturing 07/15/2032, with a
market value of $17,627,860
|
$17,282,074
|
|
|
|
Total Short-Term Investments
(cost $17,282,074)
|
$17,282,074
|
|
|
|
Total Investments
(cost $2,399,840,398)
|
98.2
%
|
$3,658,982,979
|
|
|
Other Assets and Liabilities
|
1.8
%
|
68,226,575
|
|
|
Net Assets
|
100.0
%
|
$3,727,209,554
|
|
|
10
|
|
|
*
|
Non-income producing.
|
|
(1)
|
Investment in securities not registered under the Securities Act of 1933 (excluding
securities acquired pursuant to Rule 144A and Regulation S). At the end of the
period, the value of such restricted securities amounted to $12,981,500 or 0.3% of
net assets.
|
|
Period
Acquired
|
Security Name
|
Shares/
Par Value
|
Total Cost
|
Market Value
|
|
12/2015
|
Magic Leap, Inc.
Class A
Convertible
Preferred
|
58
|
$679,566
|
$56
|
|
06/2015
|
Mammoth, Inc.
|
350,600
|
4,713,607
|
6,819,170
|
|
11/2013
|
Tory Burch LLC
|
115,140
|
9,024,247
|
6,162,274
|
|
|
|
|
$14,417,420
|
$12,981,500
|
|
(2)
|
Investment valued using significant unobservable inputs.
|
|
(3)
|
Currently no rate available.
|
|
Futures Contracts Outstanding at September 30, 2025
|
||||
|
Description
|
Number of
Contracts
|
Expiration
Date
|
Current
Notional
Amount
|
Value and
Unrealized
Appreciation/
(Depreciation)
|
|
Long position contracts:
|
||||
|
S&P 500 (E-Mini) Future
|
243
|
12/19/2025
|
$81,875,813
|
$1,032,207
|
|
Total futures contracts
|
$1,032,207
|
|||
|
Description
|
Total
|
Level 1
|
Level 2
|
Level 3(1)
|
|
Assets
|
|
|
|
|
|
Common Stocks
|
$3,641,700,849
|
$3,549,128,321
|
$79,591,084
|
$12,981,444
|
|
Convertible Preferred Stocks
|
56
|
—
|
—
|
56
|
|
Short-Term Investments
|
17,282,074
|
—
|
17,282,074
|
—
|
|
Futures Contracts(2)
|
1,032,207
|
1,032,207
|
—
|
—
|
|
Total
|
$3,660,015,186
|
$3,550,160,528
|
$96,873,158
|
$12,981,500
|
|
(1)
|
For the period ended September 30, 2025, 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.
|
|
|
11
|
|
|
Shares or Principal Amount
|
|
Market Value†
|
|
|
COMMON STOCKS - 99.7%
|
|||
|
|
Automobiles & Components - 0.6%
|
||
|
41,069
|
Tesla, Inc.*
|
$18,264,206
|
|
|
|
Banks - 4.0%
|
||
|
240,723
|
JP Morgan Chase & Co.
|
75,931,256
|
|
|
548,740
|
Wells Fargo & Co.
|
45,995,387
|
|
|
|
|
|
121,926,643
|
|
|
Capital Goods - 9.0%
|
||
|
107,048
|
AMETEK, Inc.
|
20,125,024
|
|
|
127,914
|
Builders FirstSource, Inc.*
|
15,509,572
|
|
|
63,304
|
Caterpillar, Inc.
|
30,205,504
|
|
|
170,078
|
Emerson Electric Co.
|
22,310,832
|
|
|
44,434
|
GE Vernova, Inc.
|
27,322,467
|
|
|
135,193
|
General Electric Co.
|
40,668,758
|
|
|
294,282
|
Ingersoll Rand, Inc.
|
24,313,579
|
|
|
39,434
|
Parker-Hannifin Corp.
|
29,896,887
|
|
|
226,216
|
RTX Corp.
|
37,852,723
|
|
|
63,483
|
Trane Technologies PLC
|
26,787,287
|
|
|
|
|
|
274,992,633
|
|
|
Commercial & Professional Services - 0.8%
|
||
|
100,970
|
Republic Services, Inc.
|
23,170,596
|
|
|
|
Consumer Discretionary Distribution & Retail - 8.5%
|
||
|
658,910
|
Amazon.com, Inc.*
|
144,676,869
|
|
|
6,957
|
AutoZone, Inc.*
|
29,847,200
|
|
|
118,400
|
Lowe's Cos., Inc.
|
29,755,104
|
|
|
85,406
|
Pool Corp.
|
26,481,838
|
|
|
173,360
|
TJX Cos., Inc.
|
25,057,454
|
|
|
38,805
|
Tory Burch LLC*(1)(2)
|
2,076,845
|
|
|
|
|
|
257,895,310
|
|
|
Consumer Durables & Apparel - 0.6%
|
||
|
137,073
|
Lennar Corp. Class A
|
17,276,681
|
|
|
|
Consumer Services - 1.0%
|
||
|
119,896
|
Marriott International, Inc. Class A
|
31,225,714
|
|
|
|
Consumer Staples Distribution & Retail - 2.8%
|
||
|
308,890
|
BJ's Wholesale Club Holdings, Inc.*
|
28,803,993
|
|
|
549,507
|
Walmart, Inc.
|
56,632,191
|
|
|
|
|
|
85,436,184
|
|
|
Energy - 2.6%
|
||
|
130,308
|
Expand Energy Corp.
|
13,843,922
|
|
|
381,084
|
Exxon Mobil Corp.
|
42,967,221
|
|
|
365,898
|
Williams Cos., Inc.
|
23,179,638
|
|
|
|
|
|
79,990,781
|
|
|
Equity Real Estate Investment Trusts (REITs) - 2.0%
|
||
|
135,780
|
American Tower Corp. REIT
|
26,113,210
|
|
|
202,288
|
Welltower, Inc. REIT
|
36,035,584
|
|
|
|
|
|
62,148,794
|
|
|
Financial Services - 7.6%
|
||
|
89,548
|
American Express Co.
|
29,744,264
|
|
|
44,140
|
Goldman Sachs Group, Inc.
|
35,150,889
|
|
|
178,155
|
Intercontinental Exchange, Inc.
|
30,015,554
|
|
|
161,341
|
KKR & Co., Inc.
|
20,966,263
|
|
|
348,463
|
Klarna Group PLC*
|
12,771,169
|
|
|
127,156
|
Mastercard, Inc. Class A
|
72,327,604
|
|
|
352,579
|
Nasdaq, Inc.
|
31,185,613
|
|
|
|
|
|
232,161,356
|
|
|
Food, Beverage & Tobacco - 2.7%
|
||
|
413,272
|
McCormick & Co., Inc.
|
27,652,030
|
|
|
Shares or Principal Amount
|
|
Market Value†
|
|
|
COMMON STOCKS - 99.7% - (continued)
|
|||
|
|
Food, Beverage & Tobacco - 2.7% - (continued)
|
||
|
231,304
|
Monster Beverage Corp.*
|
$15,569,072
|
|
|
240,609
|
Philip Morris International, Inc.
|
39,026,780
|
|
|
|
|
|
82,247,882
|
|
|
Health Care Equipment & Services - 2.9%
|
||
|
324,767
|
Abbott Laboratories
|
43,499,292
|
|
|
155,763
|
Boston Scientific Corp.*
|
15,207,141
|
|
|
90,490
|
Cencora, Inc.
|
28,280,840
|
|
|
|
|
|
86,987,273
|
|
|
Insurance - 1.5%
|
||
|
77,742
|
Arthur J. Gallagher & Co.
|
24,079,807
|
|
|
79,722
|
Chubb Ltd.
|
22,501,535
|
|
|
|
|
|
46,581,342
|
|
|
Materials - 2.8%
|
||
|
69,717
|
Linde PLC
|
33,115,575
|
|
|
181,179
|
RPM International, Inc.
|
21,357,380
|
|
|
86,688
|
Sherwin-Williams Co.
|
30,016,587
|
|
|
|
|
|
84,489,542
|
|
|
Media & Entertainment - 9.8%
|
||
|
650,492
|
Alphabet, Inc. Class A
|
158,134,605
|
|
|
121,206
|
Meta Platforms, Inc. Class A
|
89,011,262
|
|
|
41,665
|
Netflix, Inc.*
|
49,953,002
|
|
|
|
|
|
297,098,869
|
|
|
Pharmaceuticals, Biotechnology & Life Sciences - 3.9%
|
||
|
76,456
|
Eli Lilly & Co.
|
58,335,928
|
|
|
285,510
|
Gilead Sciences, Inc.
|
31,691,610
|
|
|
74,173
|
Vertex Pharmaceuticals, Inc.*
|
29,049,114
|
|
|
|
|
|
119,076,652
|
|
|
Semiconductors & Semiconductor Equipment - 13.0%
|
||
|
311,715
|
Broadcom, Inc.
|
102,837,896
|
|
|
36,519
|
KLA Corp.
|
39,389,393
|
|
|
1,357,378
|
NVIDIA Corp.
|
253,259,587
|
|
|
|
|
|
395,486,876
|
|
|
Software & Services - 10.9%
|
||
|
459,030
|
Microsoft Corp.
|
237,754,589
|
|
|
147,555
|
Oracle Corp.
|
41,498,368
|
|
|
56,622
|
Roper Technologies, Inc.
|
28,236,825
|
|
|
43,232
|
Tyler Technologies, Inc.*
|
22,617,253
|
|
|
|
|
|
330,107,035
|
|
|
Technology Hardware & Equipment - 8.9%
|
||
|
918,178
|
Apple, Inc.
|
233,795,664
|
|
|
49,156
|
Motorola Solutions, Inc.
|
22,478,547
|
|
|
192,800
|
Trimble, Inc.*
|
15,742,120
|
|
|
|
|
|
272,016,331
|
|
|
Telecommunication Services - 1.1%
|
||
|
138,014
|
T-Mobile U.S., Inc.
|
33,037,791
|
|
|
|
Utilities - 2.7%
|
||
|
164,144
|
Atmos Energy Corp.
|
28,027,588
|
|
|
349,007
|
Dominion Energy, Inc.
|
21,348,758
|
|
|
272,564
|
WEC Energy Group, Inc.
|
31,233,109
|
|
|
|
|
|
80,609,455
|
|
|
Total Common Stocks
(cost $1,637,061,884)
|
|
$3,032,227,946
|
|
CONVERTIBLE PREFERRED STOCKS - 0.1%
|
|||
|
|
Health Care Equipment & Services - 0.1%
|
||
|
1,871,878
|
Lumeris Group Holdings Corp.*(1)(2)(3)
|
$1,572,378
|
|
|
|
12
|
|
|
Shares or Principal Amount
|
|
Market Value†
|
|
|
CONVERTIBLE PREFERRED STOCKS - 0.1% - (continued)
|
|||
|
|
Software & Services - 0.0%
|
||
|
287,204
|
Lookout, Inc. Series F*(1)(2)(3)
|
$1,467,612
|
|
|
|
Total Convertible Preferred Stocks
(cost $6,240,761)
|
|
$3,039,990
|
|
|
Total Long-Term Investments
(cost $1,643,302,645)
|
|
$3,035,267,936
|
|
SHORT-TERM INVESTMENTS - 0.1%
|
|||
|
|
Repurchase Agreements - 0.1%
|
||
|
$ 1,860,284
|
Fixed Income Clearing Corp. Repurchase
Agreement dated 09/30/2025 at 4.20%,
due on 10/01/2025 with a maturity value
of $1,860,501; collateralized by
U.S. Treasury Note at 3.88%, maturing
09/30/2032, with a market value of
$1,897,613
|
$1,860,284
|
|
|
|
Total Short-Term Investments
(cost $1,860,284)
|
$1,860,284
|
|
|
|
Total Investments
(cost $1,645,162,929)
|
99.9
%
|
$3,037,128,220
|
|
|
Other Assets and Liabilities
|
0.1
%
|
3,345,894
|
|
|
Net Assets
|
100.0
%
|
$3,040,474,114
|
|
*
|
Non-income producing.
|
|
(1)
|
Investment in securities not registered under the Securities Act of 1933 (excluding
securities acquired pursuant to Rule 144A and Regulation S). At the end of the
period, the value of such restricted securities amounted to $5,116,835 or 0.2% of
net assets.
|
|
Period
Acquired
|
Security Name
|
Shares/
Par Value
|
Total Cost
|
Market Value
|
|
07/2014
|
Lookout, Inc. Series F
Convertible
Preferred
|
287,204
|
$3,280,760
|
$1,467,612
|
|
05/2014
|
Lumeris Group
Holdings Corp.
Convertible
Preferred
|
1,871,878
|
2,960,001
|
1,572,378
|
|
11/2013
|
Tory Burch LLC
|
38,805
|
3,041,403
|
2,076,845
|
|
|
|
|
$9,282,164
|
$5,116,835
|
|
(2)
|
Investment valued using significant unobservable inputs.
|
|
(3)
|
Currently no rate available.
|
|
†
|
For information regarding the Fund’s significant accounting policies, please refer to
the Fund’s most recent Financial Statements and Other Information.
|
|
Description
|
Total
|
Level 1
|
Level 2
|
Level 3(1)
|
|
Assets
|
|
|
|
|
|
Common Stocks
|
$3,032,227,946
|
$3,030,151,101
|
$—
|
$2,076,845
|
|
Convertible Preferred Stocks
|
3,039,990
|
—
|
—
|
3,039,990
|
|
Short-Term Investments
|
1,860,284
|
—
|
1,860,284
|
—
|
|
Total
|
$3,037,128,220
|
$3,030,151,101
|
$1,860,284
|
$5,116,835
|
|
(1)
|
For the period ended September 30, 2025, there were no transfers in and out of Level
3.
|
|
|
13
|
|
|
Shares or Principal Amount
|
|
Market Value†
|
|
|
COMMON STOCKS - 96.9%
|
|||
|
|
Banks - 7.3%
|
||
|
1,649,401
|
Bank of America Corp.
|
$85,092,598
|
|
|
109,449
|
JP Morgan Chase & Co.
|
34,523,498
|
|
|
1,098,014
|
Truist Financial Corp.
|
50,201,200
|
|
|
909,359
|
Wells Fargo & Co.
|
76,222,471
|
|
|
|
|
|
246,039,767
|
|
|
Capital Goods - 11.0%
|
||
|
232,001
|
Airbus SE
|
54,178,245
|
|
|
103,803
|
General Dynamics Corp.
|
35,396,823
|
|
|
112,716
|
Hubbell, Inc.
|
48,502,822
|
|
|
149,170
|
Lockheed Martin Corp.
|
74,467,156
|
|
|
341,988
|
Masco Corp.
|
24,072,535
|
|
|
467,163
|
Otis Worldwide Corp.
|
42,712,713
|
|
|
204,590
|
Vertiv Holdings Co. Class A
|
30,864,448
|
|
|
298,083
|
Westinghouse Air Brake Technologies Corp.
|
59,756,699
|
|
|
|
|
|
369,951,441
|
|
|
Consumer Discretionary Distribution & Retail - 2.8%
|
||
|
280,461
|
Lowe's Cos., Inc.
|
70,482,654
|
|
|
158,989
|
TJX Cos., Inc.
|
22,980,270
|
|
|
|
|
|
93,462,924
|
|
|
Consumer Services - 1.6%
|
||
|
244,822
|
Expedia Group, Inc.
|
52,330,703
|
|
|
|
Consumer Staples Distribution & Retail - 1.5%
|
||
|
621,877
|
Sysco Corp.
|
51,205,352
|
|
|
|
Energy - 6.3%
|
||
|
438,679
|
ConocoPhillips
|
41,494,647
|
|
|
1,892,372
|
Coterra Energy, Inc.
|
44,754,598
|
|
|
621,533
|
EQT Corp.
|
33,830,041
|
|
|
409,906
|
TotalEnergies SE ADR(1)
|
24,467,289
|
|
|
1,021,821
|
Williams Cos., Inc.
|
64,732,360
|
|
|
|
|
|
209,278,935
|
|
|
Equity Real Estate Investment Trusts (REITs) - 3.1%
|
||
|
112,239
|
AvalonBay Communities, Inc. REIT
|
21,681,207
|
|
|
84,340
|
Public Storage REIT
|
24,361,609
|
|
|
329,412
|
Welltower, Inc. REIT
|
58,681,454
|
|
|
|
|
|
104,724,270
|
|
|
Financial Services - 9.2%
|
||
|
96,456
|
American Express Co.
|
32,038,825
|
|
|
56,510
|
Blackrock, Inc.
|
65,883,314
|
|
|
365,123
|
Intercontinental Exchange, Inc.
|
61,515,923
|
|
|
340,374
|
Morgan Stanley
|
54,105,851
|
|
|
93,543
|
S&P Global, Inc.
|
45,528,314
|
|
|
144,059
|
Visa, Inc. Class A
|
49,178,861
|
|
|
|
|
|
308,251,088
|
|
|
Food, Beverage & Tobacco - 2.4%
|
||
|
488,931
|
Philip Morris International, Inc.
|
79,304,608
|
|
|
|
Health Care Equipment & Services - 4.4%
|
||
|
121,745
|
Elevance Health, Inc.
|
39,338,244
|
|
|
106,012
|
HCA Healthcare, Inc.
|
45,182,315
|
|
|
99,187
|
Labcorp Holdings, Inc.
|
28,472,620
|
|
|
103,097
|
UnitedHealth Group, Inc.
|
35,599,394
|
|
|
|
|
|
148,592,573
|
|
|
Household & Personal Products - 2.0%
|
||
|
1,145,514
|
Unilever PLC ADR
|
67,906,070
|
|
|
|
Insurance - 2.6%
|
||
|
591,200
|
American International Group, Inc.
|
46,432,848
|
|
|
205,933
|
Marsh & McLennan Cos., Inc.
|
41,501,678
|
|
|
|
|
|
87,934,526
|
|
Shares or Principal Amount
|
|
Market Value†
|
|
|
COMMON STOCKS - 96.9% - (continued)
|
|||
|
|
Materials - 2.0%
|
||
|
4,638,034
|
Amcor PLC
|
$37,939,118
|
|
|
536,248
|
BHP Group Ltd. ADR(1)
|
29,895,826
|
|
|
|
|
|
67,834,944
|
|
|
Media & Entertainment - 7.9%
|
||
|
724,342
|
Alphabet, Inc. Class A
|
176,087,540
|
|
|
1,895,853
|
Interpublic Group of Cos., Inc.
|
52,913,257
|
|
|
309,724
|
Walt Disney Co.
|
35,463,398
|
|
|
|
|
|
264,464,195
|
|
|
Pharmaceuticals, Biotechnology & Life Sciences - 7.9%
|
||
|
218,130
|
Agilent Technologies, Inc.
|
27,996,985
|
|
|
580,104
|
AstraZeneca PLC ADR
|
44,505,579
|
|
|
368,125
|
Gilead Sciences, Inc.
|
40,861,875
|
|
|
3,903,383
|
Haleon PLC
|
17,565,916
|
|
|
1,056,240
|
Haleon PLC ADR
|
9,474,473
|
|
|
636,869
|
Merck & Co., Inc.
|
53,452,415
|
|
|
161,916
|
Novartis AG ADR
|
20,764,108
|
|
|
1,917,812
|
Pfizer, Inc.
|
48,865,850
|
|
|
|
|
|
263,487,201
|
|
|
Semiconductors & Semiconductor Equipment - 7.9%
|
||
|
84,610
|
Broadcom, Inc.
|
27,913,685
|
|
|
349,634
|
Micron Technology, Inc.
|
58,500,761
|
|
|
361,498
|
NXP Semiconductors NV
|
82,323,940
|
|
|
566,603
|
QUALCOMM, Inc.
|
94,260,075
|
|
|
|
|
|
262,998,461
|
|
|
Software & Services - 5.9%
|
||
|
588,785
|
Cognizant Technology Solutions Corp. Class A
|
39,489,810
|
|
|
249,715
|
Microsoft Corp.
|
129,339,884
|
|
|
58,867
|
Roper Technologies, Inc.
|
29,356,384
|
|
|
|
|
|
198,186,078
|
|
|
Technology Hardware & Equipment - 4.8%
|
||
|
106,410
|
Apple, Inc.
|
27,095,179
|
|
|
1,199,769
|
Cisco Systems, Inc.
|
82,088,195
|
|
|
371,286
|
Dell Technologies, Inc. Class C
|
52,637,216
|
|
|
|
|
|
161,820,590
|
|
|
Transportation - 1.6%
|
||
|
633,240
|
Delta Air Lines, Inc.
|
35,936,370
|
|
|
137,349
|
JB Hunt Transport Services, Inc.
|
18,428,115
|
|
|
|
|
|
54,364,485
|
|
|
Utilities - 4.7%
|
||
|
361,246
|
Duke Energy Corp.
|
44,704,193
|
|
|
1,206,033
|
Exelon Corp.
|
54,283,545
|
|
|
646,240
|
Sempra
|
58,148,675
|
|
|
|
|
|
157,136,413
|
|
|
Total Common Stocks
(cost $2,164,835,816)
|
|
$3,249,274,624
|
|
EXCHANGE-TRADED FUNDS - 2.2%
|
|||
|
|
Other Investment Pools & Funds - 2.2%
|
||
|
817,925
|
Vanguard Russell 1000 Value (1)
|
$73,097,957
|
|
|
|
Total Exchange-Traded Funds
(cost $71,892,215)
|
|
$73,097,957
|
|
|
Total Long-Term Investments
(cost $2,236,728,031)
|
|
$3,322,372,581
|
|
|
14
|
|
|
Shares or Principal Amount
|
|
Market Value†
|
|
|
SHORT-TERM INVESTMENTS - 1.6%
|
|||
|
|
Repurchase Agreements - 0.2%
|
||
|
$ 5,532,142
|
Fixed Income Clearing Corp. Repurchase
Agreement dated 09/30/2025 at 4.20%,
due on 10/01/2025 with a maturity value
of $5,532,787; collateralized by
U.S. Treasury Inflation-Indexed Note at
0.63%, maturing 07/15/2032, with a
market value of $5,642,876
|
$5,532,142
|
|
|
|
Securities Lending Collateral - 1.4%
|
||
|
46,972,021
|
State Street Navigator Securities Lending
Government Money Market Portfolio,
4.12%(2)
|
46,972,021
|
|
|
|
Total Short-Term Investments
(cost $52,504,163)
|
$52,504,163
|
|
|
|
Total Investments
(cost $2,289,232,194)
|
100.7
%
|
$3,374,876,744
|
|
|
Other Assets and Liabilities
|
(0.7
)%
|
(22,277,284
)
|
|
|
Net Assets
|
100.0
%
|
$3,352,599,460
|
|
(1)
|
Represents entire or partial securities on loan.
|
|
(2)
|
Current yield as of period end.
|
|
†
|
For information regarding the Fund’s significant accounting policies, please refer to
the Fund’s most recent Financial Statements and Other Information.
|
|
Description
|
Total
|
Level 1
|
Level 2
|
Level 3(1)
|
|
Assets
|
|
|
|
|
|
Common Stocks
|
$3,249,274,624
|
$3,177,530,463
|
$71,744,161
|
$—
|
|
Exchange-Traded Funds
|
73,097,957
|
73,097,957
|
—
|
—
|
|
Short-Term Investments
|
52,504,163
|
46,972,021
|
5,532,142
|
—
|
|
Total
|
$3,374,876,744
|
$3,297,600,441
|
$77,276,303
|
$—
|
|
(1)
|
For the period ended September 30, 2025, there were no transfers in and out of Level
3.
|
|
|
15
|
|
|
Shares or Principal Amount
|
|
Market Value†
|
|
|
COMMON STOCKS - 98.8%
|
|||
|
|
Biotechnology - 24.7%
|
||
|
21,566
|
AbbVie, Inc.
|
$4,993,392
|
|
|
10,590
|
Agios Pharmaceuticals, Inc.*
|
425,083
|
|
|
10,335
|
Akero Therapeutics, Inc.*
|
490,706
|
|
|
2,308
|
Alnylam Pharmaceuticals, Inc.*
|
1,052,448
|
|
|
67,291
|
Amicus Therapeutics, Inc.*
|
530,253
|
|
|
22,110
|
Apellis Pharmaceuticals, Inc.*
|
500,349
|
|
|
10,975
|
Apogee Therapeutics, Inc.*
|
436,037
|
|
|
1,465
|
Argenx SE ADR*
|
1,080,525
|
|
|
3,519
|
Ascendis Pharma AS ADR*
|
699,612
|
|
|
15,636
|
Avidity Biosciences, Inc.*(1)
|
681,261
|
|
|
7,118
|
Biogen, Inc.*
|
997,089
|
|
|
14,388
|
Celldex Therapeutics, Inc.*
|
372,218
|
|
|
8,615
|
Cytokinetics, Inc.*
|
473,480
|
|
|
15,121
|
Dianthus Therapeutics, Inc.*
|
595,011
|
|
|
8,888
|
Disc Medicine, Inc.*
|
587,319
|
|
|
5,800
|
GenFleet Therapeutics Shanghai, Inc.*
|
29,813
|
|
|
13,191
|
Gilead Sciences, Inc.
|
1,464,201
|
|
|
12,125
|
Immunocore Holdings PLC ADR*(1)
|
440,501
|
|
|
10,765
|
Ionis Pharmaceuticals, Inc.*
|
704,246
|
|
|
11,843
|
Kymera Therapeutics, Inc.*
|
670,314
|
|
|
1,090
|
Madrigal Pharmaceuticals, Inc.*
|
499,939
|
|
|
3,677
|
Metsera, Inc.*
|
192,417
|
|
|
3,417
|
Natera, Inc.*
|
550,034
|
|
|
4,637
|
Nuvalent, Inc. Class A*
|
401,008
|
|
|
4,076
|
Protagonist Therapeutics, Inc.*
|
270,769
|
|
|
7,306
|
PTC Therapeutics, Inc.*
|
448,369
|
|
|
13,705
|
Revolution Medicines, Inc.*
|
640,024
|
|
|
4,200
|
Scholar Rock Holding Corp.*
|
156,408
|
|
|
3,656
|
Soleno Therapeutics, Inc.*
|
247,146
|
|
|
3,462
|
United Therapeutics Corp.*
|
1,451,305
|
|
|
6,549
|
Vaxcyte, Inc.*
|
235,895
|
|
|
8,256
|
Vertex Pharmaceuticals, Inc.*
|
3,233,380
|
|
|
11,984
|
Xenon Pharmaceuticals, Inc.*
|
481,158
|
|
|
|
|
|
26,031,710
|
|
|
Health Care Distributors - 3.6%
|
||
|
4,320
|
Cardinal Health, Inc.
|
678,067
|
|
|
9,828
|
Cencora, Inc.
|
3,071,545
|
|
|
|
|
|
3,749,612
|
|
|
Health Care Equipment - 15.4%
|
||
|
15,357
|
Abbott Laboratories
|
2,056,917
|
|
|
36,823
|
Boston Scientific Corp.*
|
3,595,029
|
|
|
2,488
|
DiaSorin SpA
|
221,036
|
|
|
40,105
|
Edwards Lifesciences Corp.*
|
3,118,966
|
|
|
6,295
|
Glaukos Corp.*
|
513,357
|
|
|
7,589
|
Intuitive Surgical, Inc.*
|
3,394,028
|
|
|
24,166
|
Medtronic PLC
|
2,301,570
|
|
|
2,783
|
Stryker Corp.
|
1,028,792
|
|
|
|
|
|
16,229,695
|
|
|
Health Care Facilities - 2.8%
|
||
|
24,943
|
Acadia Healthcare Co., Inc.*
|
617,589
|
|
|
7,005
|
Encompass Health Corp.
|
889,775
|
|
|
3,477
|
HCA Healthcare, Inc.
|
1,481,897
|
|
|
|
|
|
2,989,261
|
|
|
Health Care Services - 2.2%
|
||
|
7,134
|
Guardant Health, Inc.*
|
445,732
|
|
|
4,263
|
Labcorp Holdings, Inc.
|
1,223,737
|
|
|
22,577
|
Option Care Health, Inc.*
|
626,738
|
|
|
|
|
|
2,296,207
|
|
|
Health Care Supplies - 0.5%
|
||
|
4,546
|
Align Technology, Inc.*
|
569,250
|
|
|
|
Health Care Technology - 0.0%
|
||
|
700
|
HeartFlow, Inc.*
|
23,562
|
|
|
Shares or Principal Amount
|
|
Market Value†
|
|
|
COMMON STOCKS - 98.8% - (continued)
|
|||
|
|
Life Sciences Tools & Services - 10.5%
|
||
|
12,494
|
Agilent Technologies, Inc.
|
$1,603,605
|
|
|
14,576
|
Bio-Techne Corp.
|
810,863
|
|
|
3,832
|
Charles River Laboratories International, Inc.*
|
599,555
|
|
|
14,161
|
Danaher Corp.
|
2,807,560
|
|
|
4,519
|
ICON PLC*
|
790,825
|
|
|
12,495
|
Qiagen NV(1)
|
558,276
|
|
|
1,120
|
Tecan Group AG*
|
202,866
|
|
|
5,249
|
Thermo Fisher Scientific, Inc.
|
2,545,870
|
|
|
3,619
|
Waters Corp.*
|
1,085,012
|
|
|
|
|
|
11,004,432
|
|
|
Managed Health Care - 8.3%
|
||
|
28,759
|
Alignment Healthcare, Inc.*
|
501,845
|
|
|
5,977
|
Elevance Health, Inc.
|
1,931,288
|
|
|
18,164
|
UnitedHealth Group, Inc.
|
6,272,029
|
|
|
|
|
|
8,705,162
|
|
|
Pharmaceuticals - 30.8%
|
||
|
26,115
|
AstraZeneca PLC ADR
|
2,003,543
|
|
|
36,513
|
Bristol-Myers Squibb Co.
|
1,646,736
|
|
|
12,985
|
Crinetics Pharmaceuticals, Inc.*
|
540,825
|
|
|
30,992
|
Daiichi Sankyo Co. Ltd.
|
697,326
|
|
|
31,530
|
Elanco Animal Health, Inc.*
|
635,014
|
|
|
16,576
|
Eli Lilly & Co.
|
12,647,488
|
|
|
5,872
|
Galderma Group AG*
|
1,038,171
|
|
|
41,927
|
GSK PLC
|
900,255
|
|
|
12,400
|
Jiangsu Hengrui Pharmaceuticals Co. Ltd.*
|
140,676
|
|
|
25,838
|
Johnson & Johnson
|
4,790,882
|
|
|
27,172
|
MBX Biosciences, Inc.*
|
475,510
|
|
|
52,457
|
Merck & Co., Inc.
|
4,402,716
|
|
|
21,196
|
Pharvaris NV*
|
528,840
|
|
|
12,755
|
Structure Therapeutics, Inc. ADR*
|
357,140
|
|
|
5,589
|
UCB SA
|
1,560,085
|
|
|
|
|
|
32,365,207
|
|
|
Total Common Stocks
(cost $71,729,315)
|
|
$103,964,098
|
|
RIGHTS - 0.0%
|
|||
|
|
Health Care Equipment - 0.0%
|
||
|
885
|
Abiomed, Inc. CVR*(2)(3)(4)
|
$903
|
|
|
|
Total Rights
(cost $903)
|
|
$903
|
|
|
Total Long-Term Investments
(cost $71,730,218)
|
|
$103,965,001
|
|
SHORT-TERM INVESTMENTS - 1.7%
|
|||
|
|
Repurchase Agreements - 0.2%
|
||
|
$ 193,227
|
Fixed Income Clearing Corp. Repurchase
Agreement dated 09/30/2025 at 4.20%, due
on 10/01/2025 with a maturity value of
$193,250; collateralized by U.S. Treasury
Inflation-Indexed Note at 0.63%, maturing
07/15/2032, with a market value of
$197,119
|
$193,227
|
|
|
|
16
|
|
|
Shares or Principal Amount
|
|
Market Value†
|
|
|
SHORT-TERM INVESTMENTS - 1.7% - (continued)
|
|||
|
|
Securities Lending Collateral - 1.5%
|
||
|
1,609,478
|
State Street Navigator Securities Lending
Government Money Market Portfolio,
4.12%(5)
|
$1,609,478
|
|
|
|
Total Short-Term Investments
(cost $1,802,705)
|
$1,802,705
|
|
|
|
Total Investments
(cost $73,532,923)
|
100.5
%
|
$105,767,706
|
|
|
Other Assets and Liabilities
|
(0.5
)%
|
(522,123
)
|
|
|
Net Assets
|
100.0
%
|
$105,245,583
|
|
*
|
Non-income producing.
|
|
(1)
|
Represents entire or partial securities on loan.
|
|
(2)
|
Investment in securities not registered under the Securities Act of 1933 (excluding
securities acquired pursuant to Rule 144A and Regulation S). At the end of the
period, the value of such restricted securities amounted to $903 or 0.0% of net
assets.
|
|
Period
Acquired
|
Security Name
|
Shares/
Par Value
|
Total Cost
|
Market Value
|
|
12/2022
|
Abiomed, Inc. CVR
|
885
|
$903
|
$903
|
|
(3)
|
Investment valued using significant unobservable inputs.
|
|
(4)
|
Currently no expiration date available.
|
|
(5)
|
Current yield as of period end.
|
|
†
|
For information regarding the Fund’s significant accounting policies, please refer to
the Fund’s most recent Financial Statements and Other Information.
|
|
Description
|
Total
|
Level 1
|
Level 2
|
Level 3(1)
|
|
Assets
|
|
|
|
|
|
Common Stocks
|
$103,964,098
|
$99,203,683
|
$4,760,415
|
$—
|
|
Rights
|
903
|
—
|
—
|
903
|
|
Short-Term Investments
|
1,802,705
|
1,609,478
|
193,227
|
—
|
|
Total
|
$105,767,706
|
$100,813,161
|
$4,953,642
|
$903
|
|
(1)
|
For the period ended September 30, 2025, there were no transfers in and out of Level
3.
|
|
|
17
|
|
|
Shares or Principal Amount
|
|
Market Value†
|
|
|
COMMON STOCKS - 98.8%
|
|||
|
|
Belgium - 1.0%
|
||
|
69,670
|
KBC Group NV
|
$8,349,183
|
|
|
|
Brazil - 2.2%
|
||
|
375,600
|
Cia de Saneamento Basico do Estado de Sao
Paulo SABESP
|
9,327,456
|
|
|
2,043
|
MercadoLibre, Inc.*
|
4,774,368
|
|
|
938,200
|
TIM SA
|
4,142,553
|
|
|
|
|
|
18,244,377
|
|
|
Canada - 5.6%
|
||
|
488,943
|
Cenovus Energy, Inc.
|
8,301,877
|
|
|
108,178
|
RB Global, Inc.
|
11,717,146
|
|
|
103,088
|
Royal Bank of Canada
|
15,193,943
|
|
|
74,561
|
Shopify, Inc. Class A*
|
11,077,267
|
|
|
|
|
|
46,290,233
|
|
|
Chile - 0.8%
|
||
|
468,092
|
Lundin Mining Corp.
|
6,982,532
|
|
|
|
China - 5.8%
|
||
|
1,021,574
|
ENN Energy Holdings Ltd.
|
8,423,712
|
|
|
449,947
|
KE Holdings, Inc. ADR
|
8,548,993
|
|
|
549,278
|
Proya Cosmetics Co. Ltd. Class A
|
6,247,574
|
|
|
293,413
|
Tencent Holdings Ltd.
|
25,001,602
|
|
|
|
|
|
48,221,881
|
|
|
Denmark - 0.5%
|
||
|
74,714
|
Novo Nordisk AS Class B
|
4,160,197
|
|
|
|
France - 7.1%
|
||
|
180,518
|
Accor SA
|
8,576,484
|
|
|
48,961
|
Airbus SE
|
11,433,662
|
|
|
89,291
|
Cie de Saint-Gobain SA
|
9,674,823
|
|
|
178,782
|
Klepierre SA REIT
|
6,979,632
|
|
|
580,008
|
Orange SA
|
9,408,300
|
|
|
184,163
|
Societe Generale SA
|
12,260,892
|
|
|
|
|
|
58,333,793
|
|
|
Germany - 13.0%
|
||
|
54,342
|
adidas AG
|
11,514,064
|
|
|
30,160
|
Allianz SE
|
12,689,123
|
|
|
317,136
|
Deutsche Telekom AG
|
10,804,653
|
|
|
633,349
|
E.ON SE
|
11,929,430
|
|
|
263,163
|
Infineon Technologies AG
|
10,323,928
|
|
|
4,657
|
Rheinmetall AG
|
10,893,523
|
|
|
60,229
|
SAP SE
|
16,127,360
|
|
|
52,395
|
Siemens AG
|
14,145,497
|
|
|
80,378
|
Siemens Energy AG*
|
9,450,774
|
|
|
|
|
|
107,878,352
|
|
|
Hong Kong - 2.9%
|
||
|
1,559,196
|
AIA Group Ltd.
|
14,943,277
|
|
|
166,920
|
Hong Kong Exchanges & Clearing Ltd.
|
9,476,141
|
|
|
|
|
|
24,419,418
|
|
|
India - 2.5%
|
||
|
1,213,910
|
HDFC Bank Ltd.
|
13,009,105
|
|
|
478,363
|
Reliance Industries Ltd.
|
7,347,561
|
|
|
|
|
|
20,356,666
|
|
|
Indonesia - 1.0%
|
||
|
18,032,420
|
Bank Central Asia Tbk. PT
|
8,258,132
|
|
|
|
Israel - 0.8%
|
||
|
347,612
|
Teva Pharmaceutical Industries Ltd. ADR*
|
7,021,762
|
|
|
|
Italy - 3.4%
|
||
|
18,986
|
Ferrari NV
|
9,202,911
|
|
|
Shares or Principal Amount
|
|
Market Value†
|
|
|
COMMON STOCKS - 98.8% - (continued)
|
|||
|
|
Italy - 3.4% - (continued)
|
||
|
2,614,802
|
Saipem SpA(1)
|
$7,569,483
|
|
|
145,998
|
UniCredit SpA
|
11,109,730
|
|
|
|
|
|
27,882,124
|
|
|
Japan - 12.9%
|
||
|
114,500
|
Chugai Pharmaceutical Co. Ltd.
|
5,076,297
|
|
|
52,000
|
Daikin Industries Ltd.
|
5,993,628
|
|
|
21,300
|
Fast Retailing Co. Ltd.
|
6,469,056
|
|
|
19,400
|
Hikari Tsushin, Inc.
|
5,404,231
|
|
|
208,930
|
ITOCHU Corp.
|
11,887,775
|
|
|
25,022
|
Keyence Corp.
|
9,322,212
|
|
|
1,038,520
|
Mitsubishi UFJ Financial Group, Inc.
|
16,752,749
|
|
|
949,300
|
Mitsui Fudosan Co. Ltd.
|
10,334,180
|
|
|
130,500
|
Nomura Research Institute Ltd.
|
5,010,161
|
|
|
1,189,100
|
Rakuten Group, Inc.*
|
7,710,912
|
|
|
500,800
|
Sony Financial Group, Inc.*
|
555,372
|
|
|
500,800
|
Sony Group Corp.
|
14,396,349
|
|
|
256,900
|
Sumitomo Mitsui Trust Group, Inc.
|
7,456,269
|
|
|
|
|
|
106,369,191
|
|
|
Mexico - 0.9%
|
||
|
849,500
|
Cemex SAB de CV ADR
|
7,637,005
|
|
|
|
Netherlands - 3.2%
|
||
|
22,049
|
ASML Holding NV
|
21,501,897
|
|
|
48,355
|
EXOR NV
|
4,732,779
|
|
|
|
|
|
26,234,676
|
|
|
Singapore - 1.9%
|
||
|
40,622
|
Sea Ltd. ADR*
|
7,260,370
|
|
|
2,541,544
|
Singapore Telecommunications Ltd.
|
8,125,485
|
|
|
|
|
|
15,385,855
|
|
|
South Africa - 1.4%
|
||
|
306,919
|
Anglo American PLC
|
11,573,087
|
|
|
|
South Korea - 3.6%
|
||
|
426,938
|
KT Corp. ADR
|
8,325,291
|
|
|
172,013
|
Shinhan Financial Group Co. Ltd.
|
8,672,542
|
|
|
51,253
|
SK Hynix, Inc.
|
12,705,509
|
|
|
|
|
|
29,703,342
|
|
|
Spain - 0.8%
|
||
|
82,770
|
Amadeus IT Group SA
|
6,579,365
|
|
|
|
Sweden - 1.1%
|
||
|
420,193
|
Epiroc AB Class A
|
8,895,516
|
|
|
|
Switzerland - 3.4%
|
||
|
45,467
|
Cie Financiere Richemont SA Class A
|
8,728,131
|
|
|
38,581
|
Galderma Group AG*
|
6,821,130
|
|
|
304,155
|
UBS Group AG*
|
12,504,889
|
|
|
|
|
|
28,054,150
|
|
|
Taiwan - 4.6%
|
||
|
869,806
|
Taiwan Semiconductor Manufacturing Co. Ltd.
|
37,782,472
|
|
|
|
United Kingdom - 11.3%
|
||
|
97,262
|
AstraZeneca PLC
|
14,900,635
|
|
|
344,816
|
BAE Systems PLC
|
9,598,442
|
|
|
1,059,073
|
Barratt Redrow PLC
|
5,571,953
|
|
|
208,547
|
British American Tobacco PLC
|
11,092,047
|
|
|
301,813
|
Imperial Brands PLC
|
12,821,437
|
|
|
77,363
|
London Stock Exchange Group PLC
|
8,872,225
|
|
|
82,433
|
Reckitt Benckiser Group PLC
|
6,347,501
|
|
|
469,029
|
Standard Chartered PLC
|
9,102,700
|
|
|
252,269
|
Unilever PLC
|
14,911,265
|
|
|
|
|
|
93,218,205
|
|
|
18
|
|
|
Shares or Principal Amount
|
|
Market Value†
|
|
|
COMMON STOCKS - 98.8% - (continued)
|
|||
|
|
United States - 7.1%
|
||
|
12,892
|
CyberArk Software Ltd.*
|
$6,228,770
|
|
|
113,381
|
GFL Environmental, Inc.
|
5,371,992
|
|
|
488,607
|
GSK PLC
|
10,491,351
|
|
|
1,771,326
|
Haleon PLC
|
7,971,281
|
|
|
20,323
|
Linde PLC
|
9,724,610
|
|
|
518,419
|
Shell PLC
|
18,594,372
|
|
|
|
|
|
58,382,376
|
|
|
Total Common Stocks
(cost $577,933,733)
|
|
$816,213,890
|
|
WARRANTS - 0.0%
|
|||
|
|
Canada - 0.0%
|
||
|
5,095
|
Constellation Software, Inc. Expires
03/31/2040*(2)(3)
|
$—
|
|
|
|
Total Warrants
(cost $—)
|
|
$—
|
|
|
Total Long-Term Investments
(cost $577,933,733)
|
|
$816,213,890
|
|
SHORT-TERM INVESTMENTS - 0.2%
|
|||
|
|
Repurchase Agreements - 0.2%
|
||
|
$ 1,715,223
|
Fixed Income Clearing Corp. Repurchase
Agreement dated 09/30/2025 at 4.20%,
due on 10/01/2025 with a maturity value of
$1,715,423; collateralized by U.S. Treasury
Inflation-Indexed Note at 0.63%, maturing
07/15/2032, with a market value of
$1,749,693
|
$1,715,223
|
|
|
|
Total Short-Term Investments
(cost $1,715,223)
|
$1,715,223
|
|
|
|
Total Investments
(cost $579,648,956)
|
99.0
%
|
$817,929,113
|
|
|
Other Assets and Liabilities
|
1.0
%
|
8,645,125
|
|
|
Net Assets
|
100.0
%
|
$826,574,238
|
|
*
|
Non-income producing.
|
|
(1)
|
Represents entire or partial securities on loan.
|
|
(2)
|
Investment in securities not registered under the Securities Act of 1933 (excluding
securities acquired pursuant to Rule 144A and Regulation S). At the end of the
period, the value of such restricted securities amounted to $0 or 0.0% of net
assets.
|
|
Period
Acquired
|
Security Name
|
Shares/
Par Value
|
Total Cost
|
Market Value
|
|
08/2023
|
Constellation Software,
Inc. Expires
03/31/2040 Warrants
|
5,095
|
$—
|
$—
|
|
(3)
|
Investment valued using significant unobservable inputs.
|
|
†
|
For information regarding the Fund’s significant accounting policies, please refer to
the Fund’s most recent Financial Statements and Other Information.
|
|
Description
|
Total
|
Level 1
|
Level 2
|
Level 3(1)
|
|
Assets
|
|
|
|
|
|
Common Stocks
|
$816,213,890
|
$122,466,697
|
$693,747,193
|
$—
|
|
Warrants
|
—
|
—
|
—
|
—
|
|
Short-Term Investments
|
1,715,223
|
—
|
1,715,223
|
—
|
|
Total
|
$817,929,113
|
$122,466,697
|
$695,462,416
|
$—
|
|
(1)
|
For the period ended September 30, 2025, there were no transfers in and out of Level
3.
|
|
|
19
|
|
|
Shares or Principal Amount
|
|
Market Value†
|
|
|
COMMON STOCKS - 99.6%
|
|||
|
|
Capital Goods - 18.2%
|
||
|
38,656
|
Acuity, Inc.
|
$13,312,740
|
|
|
31,703
|
Axon Enterprise, Inc.*
|
22,751,341
|
|
|
46,978
|
Builders FirstSource, Inc.*
|
5,696,082
|
|
|
422,132
|
Fastenal Co.
|
20,701,353
|
|
|
12,400
|
FTAI Aviation Ltd.
|
2,069,064
|
|
|
104,968
|
Graco, Inc.
|
8,918,081
|
|
|
46,127
|
HEICO Corp. Class A
|
11,720,409
|
|
|
101,299
|
Howmet Aerospace, Inc.
|
19,877,903
|
|
|
24,239
|
IDEX Corp.
|
3,945,140
|
|
|
108,151
|
Ingersoll Rand, Inc.
|
8,935,436
|
|
|
16,272
|
Lennox International, Inc.
|
8,613,746
|
|
|
104,927
|
Vertiv Holdings Co. Class A
|
15,829,287
|
|
|
|
|
|
142,370,582
|
|
|
Commercial & Professional Services - 6.7%
|
||
|
64,695
|
Clean Harbors, Inc.*
|
15,023,473
|
|
|
329,246
|
Rollins, Inc.
|
19,339,910
|
|
|
99,082
|
TransUnion
|
8,301,090
|
|
|
37,735
|
Verisk Analytics, Inc.
|
9,490,730
|
|
|
|
|
|
52,155,203
|
|
|
Consumer Discretionary Distribution & Retail - 7.1%
|
||
|
59,083
|
Boot Barn Holdings, Inc.*
|
9,791,235
|
|
|
36,526
|
Carvana Co.*
|
13,779,068
|
|
|
226,632
|
Chewy, Inc. Class A*
|
9,167,264
|
|
|
122,289
|
O'Reilly Automotive, Inc.*
|
13,183,977
|
|
|
17,284
|
Pool Corp.
|
5,359,250
|
|
|
117,767
|
Valvoline, Inc.*
|
4,229,013
|
|
|
|
|
|
55,509,807
|
|
|
Consumer Durables & Apparel - 4.1%
|
||
|
145,101
|
Deckers Outdoor Corp.*
|
14,708,888
|
|
|
2,185
|
NVR, Inc.*
|
17,555,732
|
|
|
|
|
|
32,264,620
|
|
|
Consumer Services - 7.3%
|
||
|
115,039
|
Compass Group PLC ADR
|
3,952,740
|
|
|
346,006
|
DraftKings, Inc. Class A*
|
12,940,625
|
|
|
116,443
|
Hyatt Hotels Corp. Class A
|
16,526,755
|
|
|
46,685
|
Royal Caribbean Cruises Ltd.
|
15,106,332
|
|
|
32,456
|
Wingstop, Inc.
|
8,168,526
|
|
|
|
|
|
56,694,978
|
|
|
Consumer Staples Distribution & Retail - 0.7%
|
||
|
9,588
|
Casey's General Stores, Inc.
|
5,420,288
|
|
|
|
Energy - 2.6%
|
||
|
122,401
|
Targa Resources Corp.
|
20,507,064
|
|
|
|
Equity Real Estate Investment Trusts (REITs) - 0.6%
|
||
|
39,944
|
Lamar Advertising Co. Class A, REIT
|
4,889,944
|
|
|
|
Financial Services - 11.0%
|
||
|
71,317
|
Ares Management Corp. Class A
|
11,402,875
|
|
|
69,872
|
Hamilton Lane, Inc. Class A
|
9,418,047
|
|
|
457,207
|
Interactive Brokers Group, Inc. Class A
|
31,460,414
|
|
|
13,717
|
Morningstar, Inc.
|
3,182,481
|
|
|
809,232
|
Rocket Cos., Inc. Class A(1)
|
15,682,916
|
|
|
132,320
|
Tradeweb Markets, Inc. Class A
|
14,684,874
|
|
|
|
|
|
85,831,607
|
|
|
Health Care Equipment & Services - 4.5%
|
||
|
11,363
|
IDEXX Laboratories, Inc.*
|
7,259,707
|
|
|
18,536
|
STERIS PLC
|
4,586,548
|
|
|
79,097
|
Veeva Systems, Inc. Class A*
|
23,563,787
|
|
|
|
|
|
35,410,042
|
|
Shares or Principal Amount
|
|
Market Value†
|
|
|
COMMON STOCKS - 99.6% - (continued)
|
|||
|
|
Household & Personal Products - 0.8%
|
||
|
49,290
|
elf Beauty, Inc.*
|
$6,529,939
|
|
|
|
Insurance - 1.0%
|
||
|
4,010
|
Markel Group, Inc.*
|
7,664,554
|
|
|
|
Media & Entertainment - 4.1%
|
||
|
71,816
|
Live Nation Entertainment, Inc.*
|
11,734,734
|
|
|
52,791
|
Reddit, Inc. Class A*
|
12,141,402
|
|
|
32,580
|
Take-Two Interactive Software, Inc.*
|
8,417,369
|
|
|
|
|
|
32,293,505
|
|
|
Pharmaceuticals, Biotechnology & Life Sciences - 4.1%
|
||
|
60,586
|
Bio-Techne Corp.
|
3,370,399
|
|
|
4,644
|
Mettler-Toledo International, Inc.*
|
5,701,021
|
|
|
81,791
|
Natera, Inc.*
|
13,165,897
|
|
|
33,275
|
Waters Corp.*
|
9,976,178
|
|
|
|
|
|
32,213,495
|
|
|
Semiconductors & Semiconductor Equipment - 5.8%
|
||
|
134,851
|
Marvell Technology, Inc.
|
11,336,924
|
|
|
99,217
|
MKS, Inc.
|
12,280,088
|
|
|
23,200
|
Monolithic Power Systems, Inc.
|
21,358,848
|
|
|
|
|
|
44,975,860
|
|
|
Software & Services - 16.3%
|
||
|
507,831
|
Clearwater Analytics Holdings, Inc. Class A*
|
9,151,115
|
|
|
142,484
|
Cloudflare, Inc. Class A*
|
30,575,642
|
|
|
3,262
|
Constellation Software, Inc.
|
8,855,192
|
|
|
9,959
|
CyberArk Software Ltd.*
|
4,811,691
|
|
|
50,771
|
Datadog, Inc. Class A*
|
7,229,790
|
|
|
32,534
|
Guidewire Software, Inc.*
|
7,478,265
|
|
|
12,965
|
HubSpot, Inc.*
|
6,065,027
|
|
|
167,285
|
Procore Technologies, Inc.*
|
12,198,422
|
|
|
43,846
|
PTC, Inc.*
|
8,901,615
|
|
|
20,049
|
Tyler Technologies, Inc.*
|
10,488,835
|
|
|
340,682
|
Unity Software, Inc.*
|
13,640,907
|
|
|
44,165
|
Wix.com Ltd.*
|
7,845,029
|
|
|
|
|
|
127,241,530
|
|
|
Technology Hardware & Equipment - 2.1%
|
||
|
22,335
|
CDW Corp.
|
3,557,519
|
|
|
51,936
|
Celestica, Inc.*
|
12,795,992
|
|
|
|
|
|
16,353,511
|
|
|
Utilities - 2.6%
|
||
|
103,662
|
Vistra Corp.
|
20,309,459
|
|
|
|
Total Common Stocks
(cost $602,559,128)
|
|
$778,635,988
|
|
SHORT-TERM INVESTMENTS - 1.5%
|
|||
|
|
Repurchase Agreements - 0.2%
|
||
|
$ 1,107,787
|
Fixed Income Clearing Corp. Repurchase
Agreement dated 09/30/2025 at 4.20%,
due on 10/01/2025 with a maturity value of
$1,107,916; collateralized by U.S. Treasury
Inflation-Indexed Note at 0.63%, maturing
07/15/2032, with a market value of
$1,129,971
|
$1,107,787
|
|
|
|
20
|
|
|
Shares or Principal Amount
|
|
Market Value†
|
|
|
SHORT-TERM INVESTMENTS - 1.5% - (continued)
|
|||
|
|
Securities Lending Collateral - 1.3%
|
||
|
10,234,820
|
State Street Navigator Securities Lending
Government Money Market Portfolio,
4.12%(2)
|
$10,234,820
|
|
|
|
Total Short-Term Investments
(cost $11,342,607)
|
$11,342,607
|
|
|
|
Total Investments
(cost $613,901,735)
|
101.1
%
|
$789,978,595
|
|
|
Other Assets and Liabilities
|
(1.1
)%
|
(8,513,435
)
|
|
|
Net Assets
|
100.0
%
|
$781,465,160
|
|
*
|
Non-income producing.
|
|
(1)
|
Represents entire or partial securities on loan.
|
|
(2)
|
Current yield as of period end.
|
|
†
|
For information regarding the Fund’s significant accounting policies, please refer to
the Fund’s most recent Financial Statements and Other Information.
|
|
Description
|
Total
|
Level 1
|
Level 2
|
Level 3(1)
|
|
Assets
|
|
|
|
|
|
Common Stocks
|
$778,635,988
|
$778,635,988
|
$—
|
$—
|
|
Short-Term Investments
|
11,342,607
|
10,234,820
|
1,107,787
|
—
|
|
Total
|
$789,978,595
|
$788,870,808
|
$1,107,787
|
$—
|
|
(1)
|
For the period ended September 30, 2025, there were no transfers in and out of Level
3.
|
|
|
21
|
|
|
Shares or Principal Amount
|
|
Market Value†
|
|
|
COMMON STOCKS - 100.1%
|
|||
|
|
Automobiles & Components - 3.0%
|
||
|
35,276
|
Dorman Products, Inc.*
|
$5,498,823
|
|
|
48,487
|
Modine Manufacturing Co.*
|
6,892,912
|
|
|
36,816
|
Patrick Industries, Inc.
|
3,807,879
|
|
|
|
|
|
16,199,614
|
|
|
Banks - 0.9%
|
||
|
99,014
|
Synovus Financial Corp.
|
4,859,607
|
|
|
|
Capital Goods - 17.3%
|
||
|
45,300
|
AAON, Inc.
|
4,232,832
|
|
|
23,456
|
AeroVironment, Inc.*
|
7,386,060
|
|
|
275,619
|
Archer Aviation, Inc. Class A*(1)
|
2,640,430
|
|
|
57,911
|
ATI, Inc.*
|
4,710,481
|
|
|
101,997
|
Atmus Filtration Technologies, Inc.
|
4,599,045
|
|
|
35,112
|
AZZ, Inc.
|
3,831,773
|
|
|
82,571
|
Bloom Energy Corp. Class A*(1)
|
6,983,029
|
|
|
28,844
|
Boise Cascade Co.
|
2,230,218
|
|
|
14,927
|
ESCO Technologies, Inc.
|
3,151,239
|
|
|
70,160
|
Fluor Corp.*
|
2,951,631
|
|
|
40,816
|
FTAI Aviation Ltd.
|
6,810,558
|
|
|
456,499
|
Hillman Solutions Corp.*
|
4,190,661
|
|
|
17,122
|
ITT, Inc.
|
3,060,729
|
|
|
38,694
|
Loar Holdings, Inc.*
|
3,095,520
|
|
|
26,947
|
Moog, Inc. Class A
|
5,596,083
|
|
|
16,851
|
MYR Group, Inc.*
|
3,505,513
|
|
|
66,320
|
NEXTracker, Inc. Class A*
|
4,907,017
|
|
|
48,335
|
Primoris Services Corp.
|
6,637,846
|
|
|
50,921
|
Rush Enterprises, Inc. Class A
|
2,722,746
|
|
|
37,943
|
SPX Technologies, Inc.*
|
7,086,993
|
|
|
19,959
|
WESCO International, Inc.
|
4,221,328
|
|
|
|
|
|
94,551,732
|
|
|
Commercial & Professional Services - 5.5%
|
||
|
134,416
|
ACV Auctions, Inc. Class A*
|
1,332,063
|
|
|
39,458
|
Casella Waste Systems, Inc. Class A*
|
3,743,775
|
|
|
72,667
|
CBIZ, Inc.*
|
3,848,444
|
|
|
16,108
|
Clean Harbors, Inc.*
|
3,740,600
|
|
|
18,792
|
Huron Consulting Group, Inc.*
|
2,758,102
|
|
|
34,848
|
Innodata, Inc.*
|
2,685,735
|
|
|
41,022
|
Korn Ferry
|
2,870,720
|
|
|
133,962
|
Upwork, Inc.*
|
2,487,674
|
|
|
267,117
|
Verra Mobility Corp.*
|
6,597,790
|
|
|
|
|
|
30,064,903
|
|
|
Consumer Discretionary Distribution & Retail - 2.2%
|
||
|
20,337
|
Boot Barn Holdings, Inc.*
|
3,370,248
|
|
|
66,518
|
National Vision Holdings, Inc.*
|
1,941,660
|
|
|
18,511
|
Ollie's Bargain Outlet Holdings, Inc.*
|
2,376,812
|
|
|
13,482
|
Pool Corp.
|
4,180,364
|
|
|
|
|
|
11,869,084
|
|
|
Consumer Durables & Apparel - 2.5%
|
||
|
17,348
|
Installed Building Products, Inc.
|
4,279,058
|
|
|
61,376
|
Kontoor Brands, Inc.
|
4,895,963
|
|
|
79,839
|
Smith Douglas Homes Corp.*(1)
|
1,409,957
|
|
|
88,775
|
YETI Holdings, Inc.*
|
2,945,554
|
|
|
|
|
|
13,530,532
|
|
|
Consumer Services - 4.2%
|
||
|
15,873
|
Adtalem Global Education, Inc.*
|
2,451,585
|
|
|
283,941
|
Genius Sports Ltd.*
|
3,515,190
|
|
|
27,436
|
Hyatt Hotels Corp. Class A
|
3,893,991
|
|
|
141,419
|
Life Time Group Holdings, Inc.*
|
3,903,164
|
|
|
318,418
|
Super Group SGHC Ltd.
|
4,203,118
|
|
|
94,913
|
Universal Technical Institute, Inc.*
|
3,089,418
|
|
|
8,710
|
Wingstop, Inc.
|
2,192,133
|
|
|
|
|
|
23,248,599
|
|
|
Consumer Staples Distribution & Retail - 0.7%
|
||
|
69,011
|
Chefs' Warehouse, Inc.*
|
4,025,412
|
|
|
Shares or Principal Amount
|
|
Market Value†
|
|
|
COMMON STOCKS - 100.1% - (continued)
|
|||
|
|
Energy - 1.6%
|
||
|
63,290
|
Cactus, Inc. Class A
|
$2,498,056
|
|
|
19,015
|
Gulfport Energy Corp.*
|
3,441,335
|
|
|
66,684
|
Matador Resources Co.
|
2,996,112
|
|
|
|
|
|
8,935,503
|
|
|
Equity Real Estate Investment Trusts (REITs) - 1.4%
|
||
|
126,320
|
CareTrust, Inc. REIT
|
4,380,778
|
|
|
167,401
|
Urban Edge Properties REIT
|
3,426,698
|
|
|
|
|
|
7,807,476
|
|
|
Financial Services - 7.2%
|
||
|
13,741
|
Dave, Inc.*
|
2,739,268
|
|
|
11,187
|
Evercore, Inc. Class A
|
3,773,599
|
|
|
45,883
|
FirstCash Holdings, Inc.
|
7,268,785
|
|
|
29,458
|
Hamilton Lane, Inc. Class A
|
3,970,644
|
|
|
95,414
|
Marex Group PLC
|
3,207,819
|
|
|
169,115
|
Perella Weinberg Partners
|
3,605,532
|
|
|
195,620
|
Remitly Global, Inc.*
|
3,188,606
|
|
|
12,268
|
Sezzle, Inc.*
|
975,674
|
|
|
72,938
|
StepStone Group, Inc. Class A
|
4,763,581
|
|
|
52,439
|
Stifel Financial Corp.
|
5,950,253
|
|
|
|
|
|
39,443,761
|
|
|
Food, Beverage & Tobacco - 1.6%
|
||
|
35,283
|
Freshpet, Inc.*
|
1,944,446
|
|
|
47,548
|
Turning Point Brands, Inc.
|
4,700,595
|
|
|
53,901
|
Vita Coco Co., Inc.*
|
2,289,176
|
|
|
|
|
|
8,934,217
|
|
|
Health Care Equipment & Services - 9.4%
|
||
|
99,345
|
Acadia Healthcare Co., Inc.*
|
2,459,782
|
|
|
142,637
|
Alignment Healthcare, Inc.*
|
2,489,016
|
|
|
89,350
|
AtriCure, Inc.*
|
3,149,587
|
|
|
53,380
|
Ensign Group, Inc.
|
9,222,463
|
|
|
27,612
|
GeneDx Holdings Corp.*
|
2,974,917
|
|
|
37,803
|
Glaukos Corp.*
|
3,082,835
|
|
|
37,796
|
Guardant Health, Inc.*
|
2,361,494
|
|
|
55,505
|
HealthEquity, Inc.*
|
5,260,209
|
|
|
50,452
|
Hims & Hers Health, Inc.*
|
2,861,637
|
|
|
28,648
|
iRhythm Technologies, Inc.*
|
4,927,170
|
|
|
12,598
|
Lantheus Holdings, Inc.*
|
646,151
|
|
|
63,724
|
Merit Medical Systems, Inc.*
|
5,303,748
|
|
|
68,590
|
RadNet, Inc.*
|
5,227,244
|
|
|
13,229
|
TransMedics Group, Inc.*
|
1,484,294
|
|
|
|
|
|
51,450,547
|
|
|
Household & Personal Products - 0.6%
|
||
|
35,898
|
BellRing Brands, Inc.*
|
1,304,892
|
|
|
10,885
|
WD-40 Co.
|
2,150,876
|
|
|
|
|
|
3,455,768
|
|
|
Insurance - 0.9%
|
||
|
94,042
|
SiriusPoint Ltd.*
|
1,701,220
|
|
|
1,892
|
White Mountains Insurance Group Ltd.
|
3,162,516
|
|
|
|
|
|
4,863,736
|
|
|
Materials - 2.9%
|
||
|
117,470
|
Axalta Coating Systems Ltd.*
|
3,361,992
|
|
|
58,887
|
Cabot Corp.
|
4,478,356
|
|
|
15,233
|
Carpenter Technology Corp.
|
3,740,311
|
|
|
71,426
|
FMC Corp.
|
2,402,056
|
|
|
107,548
|
James Hardie Industries PLC ADR*
|
2,065,997
|
|
|
|
|
|
16,048,712
|
|
|
Media & Entertainment - 2.1%
|
||
|
67,991
|
Atlanta Braves Holdings, Inc. Class C*
|
2,827,745
|
|
|
138,691
|
Cargurus, Inc.*
|
5,163,466
|
|
|
59,523
|
Magnite, Inc.*
|
1,296,411
|
|
|
129,525
|
MNTN, Inc. Class A*
|
2,402,689
|
|
|
|
|
|
11,690,311
|
|
|
22
|
|
|
Shares or Principal Amount
|
|
Market Value†
|
|
|
COMMON STOCKS - 100.1% - (continued)
|
|||
|
|
Pharmaceuticals, Biotechnology & Life Sciences - 12.7%
|
||
|
30,749
|
Agios Pharmaceuticals, Inc.*
|
$1,234,265
|
|
|
46,558
|
Akero Therapeutics, Inc.*
|
2,210,574
|
|
|
268,586
|
Amicus Therapeutics, Inc.*
|
2,116,458
|
|
|
32,999
|
Apogee Therapeutics, Inc.*
|
1,311,050
|
|
|
88,502
|
Avidity Biosciences, Inc.*
|
3,856,032
|
|
|
31,733
|
Axsome Therapeutics, Inc.*
|
3,853,973
|
|
|
38,724
|
Bridgebio Pharma, Inc.*
|
2,011,324
|
|
|
64,546
|
Celldex Therapeutics, Inc.*
|
1,669,805
|
|
|
75,717
|
CG oncology, Inc.*
|
3,049,881
|
|
|
77,562
|
Crinetics Pharmaceuticals, Inc.*
|
3,230,457
|
|
|
44,124
|
Cytokinetics, Inc.*
|
2,425,055
|
|
|
32,863
|
Disc Medicine, Inc.*
|
2,171,587
|
|
|
33,215
|
Ionis Pharmaceuticals, Inc.*
|
2,172,925
|
|
|
46,432
|
Kymera Therapeutics, Inc.*
|
2,628,051
|
|
|
9,607
|
Madrigal Pharmaceuticals, Inc.*
|
4,406,347
|
|
|
58,452
|
MBX Biosciences, Inc.*
|
1,022,910
|
|
|
37,650
|
Mirum Pharmaceuticals, Inc.*
|
2,760,121
|
|
|
29,941
|
Nuvalent, Inc. Class A*
|
2,589,298
|
|
|
49,325
|
Protagonist Therapeutics, Inc.*
|
3,276,660
|
|
|
62,124
|
PTC Therapeutics, Inc.*
|
3,812,550
|
|
|
30,997
|
Revolution Medicines, Inc.*
|
1,447,560
|
|
|
72,757
|
Scholar Rock Holding Corp.*
|
2,709,471
|
|
|
40,328
|
Soleno Therapeutics, Inc.*
|
2,726,173
|
|
|
63,733
|
Spyre Therapeutics, Inc.*(1)
|
1,068,165
|
|
|
23,496
|
Structure Therapeutics, Inc. ADR*
|
657,888
|
|
|
76,440
|
Travere Therapeutics, Inc.*
|
1,826,916
|
|
|
38,763
|
Ultragenyx Pharmaceutical, Inc.*
|
1,165,991
|
|
|
31,595
|
Vaxcyte, Inc.*
|
1,138,052
|
|
|
92,131
|
Veracyte, Inc.*
|
3,162,857
|
|
|
55,552
|
Vericel Corp.*
|
1,748,221
|
|
|
|
|
|
69,460,617
|
|
|
Semiconductors & Semiconductor Equipment - 6.2%
|
||
|
32,654
|
Cirrus Logic, Inc.*
|
4,091,220
|
|
|
65,848
|
Credo Technology Group Holding Ltd.*
|
9,588,127
|
|
|
15,758
|
MACOM Technology Solutions Holdings, Inc.*
|
1,961,713
|
|
|
37,541
|
MKS, Inc.
|
4,646,450
|
|
|
51,975
|
Rambus, Inc.*
|
5,415,795
|
|
|
103,133
|
Rigetti Computing, Inc.*(1)
|
3,072,332
|
|
|
17,569
|
SiTime Corp.*
|
5,293,715
|
|
|
|
|
|
34,069,352
|
|
|
Software & Services - 10.1%
|
||
|
126,903
|
ACI Worldwide, Inc.*
|
6,696,671
|
|
|
27,859
|
Agilysys, Inc.*
|
2,932,160
|
|
|
104,859
|
Applied Digital Corp.*
|
2,405,466
|
|
|
207,311
|
AvePoint, Inc.*
|
3,111,738
|
|
|
50,209
|
Bill Holdings, Inc.*
|
2,659,571
|
|
|
356,503
|
CCC Intelligent Solutions Holdings, Inc.*
|
3,247,742
|
|
|
210,446
|
Clearwater Analytics Holdings, Inc. Class A*
|
3,792,237
|
|
|
29,424
|
Commvault Systems, Inc.*
|
5,554,663
|
|
|
66,648
|
Intapp, Inc.*
|
2,725,903
|
|
|
208,442
|
Jamf Holding Corp.*
|
2,230,329
|
|
|
156,095
|
Porch Group, Inc.*
|
2,619,274
|
|
|
77,781
|
Riot Platforms, Inc.*
|
1,480,172
|
|
|
245,003
|
Terawulf, Inc.*(1)
|
2,797,934
|
|
|
53,043
|
Unity Software, Inc.*
|
2,123,842
|
|
|
69,335
|
Varonis Systems, Inc.*
|
3,984,682
|
|
|
117,730
|
Vertex, Inc. Class A*
|
2,918,527
|
|
|
191,693
|
Zeta Global Holdings Corp. Class A*
|
3,808,940
|
|
|
|
|
|
55,089,851
|
|
|
Technology Hardware & Equipment - 5.1%
|
||
|
39,171
|
Coherent Corp.*
|
4,219,500
|
|
|
Shares or Principal Amount
|
|
Market Value†
|
|
|
COMMON STOCKS - 100.1% - (continued)
|
|||
|
|
Technology Hardware & Equipment - 5.1% - (continued)
|
||
|
11,150
|
Fabrinet*
|
$4,065,513
|
|
|
23,789
|
Insight Enterprises, Inc.*
|
2,697,910
|
|
|
49,176
|
IonQ, Inc.*(1)
|
3,024,324
|
|
|
16,946
|
Lumentum Holdings, Inc.*
|
2,757,284
|
|
|
100,808
|
Napco Security Technologies, Inc.
|
4,329,704
|
|
|
29,843
|
Sanmina Corp.*
|
3,435,228
|
|
|
276,041
|
Viavi Solutions, Inc.*
|
3,502,960
|
|
|
|
|
|
28,032,423
|
|
|
Transportation - 1.2%
|
||
|
158,928
|
RXO, Inc.*
|
2,444,313
|
|
|
22,833
|
Ryder System, Inc.
|
4,307,217
|
|
|
|
|
|
6,751,530
|
|
|
Utilities - 0.8%
|
||
|
30,666
|
Chesapeake Utilities Corp.
|
4,130,404
|
|
|
|
Total Common Stocks
(cost $429,527,148)
|
|
$548,513,691
|
|
SHORT-TERM INVESTMENTS - 2.4%
|
|||
|
|
Repurchase Agreements - 0.1%
|
||
|
$ 467,309
|
Fixed Income Clearing Corp. Repurchase
Agreement dated 09/30/2025 at 4.20%,
due on 10/01/2025 with a maturity value of
$467,364; collateralized by U.S. Treasury
Inflation-Indexed Note at 0.63%, maturing
07/15/2032, with a market value of
$476,739
|
$467,309
|
|
|
|
Securities Lending Collateral - 2.3%
|
||
|
12,988,271
|
State Street Navigator Securities Lending
Government Money Market Portfolio,
4.12%(2)
|
12,988,271
|
|
|
|
Total Short-Term Investments
(cost $13,455,580)
|
$13,455,580
|
|
|
|
Total Investments
(cost $442,982,728)
|
102.5
%
|
$561,969,271
|
|
|
Other Assets and Liabilities
|
(2.5
)%
|
(13,899,132
)
|
|
|
Net Assets
|
100.0
%
|
$548,070,139
|
|
*
|
Non-income producing.
|
|
(1)
|
Represents entire or partial securities on loan.
|
|
(2)
|
Current yield as of period end.
|
|
†
|
For information regarding the Fund’s significant accounting policies, please refer to
the Fund’s most recent Financial Statements and Other Information.
|
|
|
23
|
|
|
Description
|
Total
|
Level 1
|
Level 2
|
Level 3(1)
|
|
Assets
|
|
|
|
|
|
Common Stocks
|
$548,513,691
|
$548,513,691
|
$—
|
$—
|
|
Short-Term Investments
|
13,455,580
|
12,988,271
|
467,309
|
—
|
|
Total
|
$561,969,271
|
$561,501,962
|
$467,309
|
$—
|
|
(1)
|
For the period ended September 30, 2025, there were no transfers in and out of Level
3.
|
|
|
24
|
|
|
Shares or Principal Amount
|
|
Market Value†
|
|
|
COMMON STOCKS - 99.0%
|
|||
|
|
Automobiles & Components - 2.2%
|
||
|
42,274
|
Modine Manufacturing Co.*
|
$6,009,672
|
|
|
27,283
|
Visteon Corp.
|
3,270,140
|
|
|
|
|
|
9,279,812
|
|
|
Banks - 2.5%
|
||
|
138,308
|
Cadence Bank
|
5,192,082
|
|
|
173,839
|
Seacoast Banking Corp. of Florida
|
5,289,921
|
|
|
|
|
|
10,482,003
|
|
|
Capital Goods - 16.4%
|
||
|
21,261
|
Acuity, Inc.
|
7,322,076
|
|
|
236,057
|
Ameresco, Inc. Class A*
|
7,926,794
|
|
|
25,348
|
Applied Industrial Technologies, Inc.
|
6,617,095
|
|
|
3,625
|
Comfort Systems USA, Inc.
|
2,991,277
|
|
|
12,024
|
Curtiss-Wright Corp.
|
6,528,311
|
|
|
42,990
|
DXP Enterprises, Inc.*
|
5,118,819
|
|
|
60,113
|
Fluor Corp.*
|
2,528,954
|
|
|
95,642
|
NEXTracker, Inc. Class A*
|
7,076,552
|
|
|
65,591
|
Rush Enterprises, Inc. Class A
|
3,507,151
|
|
|
107,009
|
StandardAero, Inc.*
|
2,920,276
|
|
|
37,810
|
Voyager Technologies, Inc. Class A*
|
1,125,982
|
|
|
81,156
|
Xometry, Inc. Class A*
|
4,420,567
|
|
|
201,239
|
Zurn Elkay Water Solutions Corp.
|
9,464,270
|
|
|
|
|
|
67,548,124
|
|
|
Commercial & Professional Services - 7.2%
|
||
|
62,864
|
Casella Waste Systems, Inc. Class A*
|
5,964,536
|
|
|
164,786
|
ExlService Holdings, Inc.*
|
7,255,528
|
|
|
8,501
|
GEO Group, Inc.*
|
174,185
|
|
|
36,486
|
TriNet Group, Inc.
|
2,440,549
|
|
|
410,937
|
Verra Mobility Corp.*
|
10,150,144
|
|
|
47,467
|
WNS Holdings Ltd.*
|
3,620,308
|
|
|
|
|
|
29,605,250
|
|
|
Consumer Discretionary Distribution & Retail - 4.3%
|
||
|
41,221
|
Boot Barn Holdings, Inc.*
|
6,831,144
|
|
|
29,180
|
Five Below, Inc.*
|
4,514,146
|
|
|
32,741
|
Ollie's Bargain Outlet Holdings, Inc.*
|
4,203,945
|
|
|
43,094
|
Tory Burch LLC*(1)(2)
|
2,306,392
|
|
|
|
|
|
17,855,627
|
|
|
Consumer Durables & Apparel - 1.5%
|
||
|
81,347
|
Champion Homes, Inc.*
|
6,212,470
|
|
|
|
Consumer Services - 5.4%
|
||
|
585,370
|
Genius Sports Ltd.*
|
7,246,881
|
|
|
79,145
|
H&R Block, Inc.
|
4,002,363
|
|
|
163,967
|
Life Time Group Holdings, Inc.*
|
4,525,489
|
|
|
33,177
|
Stride, Inc.*
|
4,941,382
|
|
|
61,894
|
Sweetgreen, Inc. Class A*
|
493,914
|
|
|
4,068
|
Wingstop, Inc.
|
1,023,834
|
|
|
|
|
|
22,233,863
|
|
|
Consumer Staples Distribution & Retail - 0.6%
|
||
|
103,225
|
Guardian Pharmacy Services, Inc. Class A*
|
2,707,592
|
|
|
|
Energy - 1.7%
|
||
|
55,806
|
Cactus, Inc. Class A
|
2,202,663
|
|
|
127,071
|
Viper Energy, Inc. Class A
|
4,856,653
|
|
|
|
|
|
7,059,316
|
|
|
Equity Real Estate Investment Trusts (REITs) - 3.3%
|
||
|
181,084
|
American Healthcare, Inc. REIT
|
7,607,339
|
|
|
175,651
|
Phillips Edison & Co., Inc. REIT
|
6,030,099
|
|
|
|
|
|
13,637,438
|
|
|
Financial Services - 4.8%
|
||
|
7,490
|
Dave, Inc.*
|
1,493,132
|
|
|
155,260
|
HA Sustainable Infrastructure Capital, Inc.
|
4,766,482
|
|
|
Shares or Principal Amount
|
|
Market Value†
|
|
|
COMMON STOCKS - 99.0% - (continued)
|
|||
|
|
Financial Services - 4.8% - (continued)
|
||
|
37,991
|
Hamilton Lane, Inc. Class A
|
$5,120,807
|
|
|
47,747
|
PJT Partners, Inc. Class A
|
8,486,074
|
|
|
|
|
|
19,866,495
|
|
|
Food, Beverage & Tobacco - 1.0%
|
||
|
14,000
|
Freshpet, Inc.*
|
771,540
|
|
|
75,056
|
Vita Coco Co., Inc.*
|
3,187,628
|
|
|
|
|
|
3,959,168
|
|
|
Health Care Equipment & Services - 8.9%
|
||
|
396,241
|
Alignment Healthcare, Inc.*
|
6,914,405
|
|
|
26,666
|
Ensign Group, Inc.
|
4,607,085
|
|
|
38,281
|
GeneDx Holdings Corp.*
|
4,124,395
|
|
|
49,679
|
Glaukos Corp.*
|
4,051,322
|
|
|
61,758
|
HealthEquity, Inc.*
|
5,852,806
|
|
|
25,277
|
Hims & Hers Health, Inc.*(3)
|
1,433,711
|
|
|
52,470
|
Lantheus Holdings, Inc.*
|
2,691,186
|
|
|
134,198
|
PACS Group, Inc.*
|
1,842,539
|
|
|
66,582
|
PROCEPT BioRobotics Corp.*
|
2,376,312
|
|
|
24,041
|
TransMedics Group, Inc.*
|
2,697,400
|
|
|
|
|
|
36,591,161
|
|
|
Household & Personal Products - 1.1%
|
||
|
61,396
|
BellRing Brands, Inc.*
|
2,231,745
|
|
|
34,514
|
Oddity Tech Ltd. Class A*
|
2,150,222
|
|
|
|
|
|
4,381,967
|
|
|
Insurance - 1.9%
|
||
|
126,593
|
Beazley PLC
|
1,548,228
|
|
|
346,122
|
SiriusPoint Ltd.*
|
6,261,347
|
|
|
|
|
|
7,809,575
|
|
|
Materials - 3.3%
|
||
|
100,974
|
Cabot Corp.
|
7,679,073
|
|
|
211,915
|
James Hardie Industries PLC ADR*
|
4,070,887
|
|
|
25,435
|
MP Materials Corp.*
|
1,705,925
|
|
|
|
|
|
13,455,885
|
|
|
Media & Entertainment - 1.6%
|
||
|
121,276
|
Cargurus, Inc.*
|
4,515,106
|
|
|
65,813
|
Criteo SA ADR*
|
1,487,374
|
|
|
40,568
|
MNTN, Inc. Class A*
|
752,536
|
|
|
|
|
|
6,755,016
|
|
|
Pharmaceuticals, Biotechnology & Life Sciences - 15.3%
|
||
|
113,574
|
Adaptive Biotechnologies Corp.*
|
1,699,067
|
|
|
40,950
|
Akero Therapeutics, Inc.*
|
1,944,306
|
|
|
200,437
|
Amicus Therapeutics, Inc.*
|
1,579,444
|
|
|
58,014
|
Apellis Pharmaceuticals, Inc.*
|
1,312,857
|
|
|
40,279
|
Apogee Therapeutics, Inc.*
|
1,600,285
|
|
|
76,100
|
Avidity Biosciences, Inc.*(3)
|
3,315,677
|
|
|
25,017
|
Axsome Therapeutics, Inc.*
|
3,038,315
|
|
|
31,195
|
Bridgebio Pharma, Inc.*
|
1,620,268
|
|
|
85,431
|
Celldex Therapeutics, Inc.*
|
2,210,100
|
|
|
57,979
|
CG oncology, Inc.*
|
2,335,394
|
|
|
78,195
|
Crinetics Pharmaceuticals, Inc.*
|
3,256,822
|
|
|
47,838
|
Cytokinetics, Inc.*
|
2,629,176
|
|
|
39,810
|
Disc Medicine, Inc.*
|
2,630,645
|
|
|
63,852
|
Insmed, Inc.*
|
9,195,326
|
|
|
39,126
|
Kymera Therapeutics, Inc.*
|
2,214,532
|
|
|
18,186
|
Merus NV*
|
1,712,212
|
|
|
49,400
|
Mineralys Therapeutics, Inc.*
|
1,873,248
|
|
|
23,449
|
Nuvalent, Inc. Class A*
|
2,027,869
|
|
|
44,651
|
Protagonist Therapeutics, Inc.*
|
2,966,166
|
|
|
50,773
|
PTC Therapeutics, Inc.*
|
3,115,939
|
|
|
92,943
|
Revolution Medicines, Inc.*
|
4,340,438
|
|
|
49,073
|
Scholar Rock Holding Corp.*
|
1,827,478
|
|
|
26,566
|
Soleno Therapeutics, Inc.*
|
1,795,862
|
|
|
|
25
|
|
|
Shares or Principal Amount
|
|
Market Value†
|
|
|
COMMON STOCKS - 99.0% - (continued)
|
|||
|
|
Pharmaceuticals, Biotechnology & Life Sciences - 15.3% -
(continued)
|
||
|
41,053
|
Structure Therapeutics, Inc. ADR*
|
$1,149,484
|
|
|
54,984
|
Vaxcyte, Inc.*
|
1,980,524
|
|
|
|
|
|
63,371,434
|
|
|
Semiconductors & Semiconductor Equipment - 6.2%
|
||
|
42,072
|
Credo Technology Group Holding Ltd.*
|
6,126,104
|
|
|
42,588
|
MKS, Inc.
|
5,271,117
|
|
|
41,250
|
SiTime Corp.*
|
12,429,037
|
|
|
11,429
|
Universal Display Corp.
|
1,641,547
|
|
|
|
|
|
25,467,805
|
|
|
Software & Services - 7.4%
|
||
|
31,717
|
Agilysys, Inc.*
|
3,338,214
|
|
|
299,877
|
Amplitude, Inc. Class A*
|
3,214,682
|
|
|
352,106
|
AvePoint, Inc.*
|
5,285,111
|
|
|
138,219
|
Clearwater Analytics Holdings, Inc. Class A*
|
2,490,706
|
|
|
9,628
|
CyberArk Software Ltd.*
|
4,651,768
|
|
|
310,456
|
Freshworks, Inc. Class A*
|
3,654,067
|
|
|
111,929
|
Intapp, Inc.*
|
4,577,896
|
|
|
23,690
|
Rubrik, Inc. Class A*
|
1,948,503
|
|
|
16,048
|
ServiceTitan, Inc. Class A*
|
1,618,120
|
|
|
|
|
|
30,779,067
|
|
|
Technology Hardware & Equipment - 2.4%
|
||
|
101,538
|
Calix, Inc.*
|
6,231,387
|
|
|
10,076
|
Fabrinet*
|
3,673,911
|
|
|
|
|
|
9,905,298
|
|
|
Total Common Stocks
(cost $316,050,991)
|
|
$408,964,366
|
|
EXCHANGE-TRADED FUNDS - 0.0%
|
|||
|
|
Other Investment Pools & Funds - 0.0%
|
||
|
128
|
iShares Russell 2000 Growth ETF (3)
|
$40,965
|
|
|
|
Total Exchange-Traded Funds
(cost $38,371)
|
|
$40,965
|
|
|
Total Long-Term Investments
(cost $316,089,362)
|
|
$409,005,331
|
|
SHORT-TERM INVESTMENTS - 1.2%
|
|||
|
|
Repurchase Agreements - 0.1%
|
||
|
$ 501,559
|
Fixed Income Clearing Corp. Repurchase
Agreement dated 09/30/2025 at 4.20%, due
on 10/01/2025 with a maturity value of
$501,618; collateralized by U.S. Treasury
Inflation-Indexed Note at 0.63%, maturing
07/15/2032, with a market value of
$511,755
|
$501,559
|
|
|
Shares or Principal Amount
|
|
Market Value†
|
|
|
SHORT-TERM INVESTMENTS - 1.2% - (continued)
|
|||
|
|
Securities Lending Collateral - 1.1%
|
||
|
4,274,348
|
State Street Navigator Securities Lending
Government Money Market Portfolio,
4.12%(4)
|
$4,274,348
|
|
|
|
Total Short-Term Investments
(cost $4,775,907)
|
$4,775,907
|
|
|
|
Total Investments
(cost $320,865,269)
|
100.2
%
|
$413,781,238
|
|
|
Other Assets and Liabilities
|
(0.2
)%
|
(849,373
)
|
|
|
Net Assets
|
100.0
%
|
$412,931,865
|
|
*
|
Non-income producing.
|
|
(1)
|
Investment in securities not registered under the Securities Act of 1933 (excluding
securities acquired pursuant to Rule 144A and Regulation S). At the end of the
period, the value of such restricted securities amounted to $2,306,392 or 0.6% of
net assets.
|
|
Period
Acquired
|
Security Name
|
Shares/
Par Value
|
Total Cost
|
Market Value
|
|
11/2013
|
Tory Burch LLC
|
43,094
|
$3,377,559
|
$2,306,392
|
|
(2)
|
Investment valued using significant unobservable inputs.
|
|
(3)
|
Represents entire or partial securities on loan.
|
|
(4)
|
Current yield as of period end.
|
|
†
|
For information regarding the Fund’s significant accounting policies, please refer to
the Fund’s most recent Financial Statements and Other Information.
|
|
Description
|
Total
|
Level 1
|
Level 2
|
Level 3(1)
|
|
Assets
|
|
|
|
|
|
Common Stocks
|
$408,964,366
|
$405,109,746
|
$1,548,228
|
$2,306,392
|
|
Exchange-Traded Funds
|
40,965
|
40,965
|
—
|
—
|
|
Short-Term Investments
|
4,775,907
|
4,274,348
|
501,559
|
—
|
|
Total
|
$413,781,238
|
$409,425,059
|
$2,049,787
|
$2,306,392
|
|
(1)
|
For the period ended September 30, 2025, there were no transfers in and out of Level
3.
|
|
|
26
|
|
|
Shares or Principal Amount
|
|
Market Value†
|
|
|
COMMON STOCKS - 98.2%
|
|||
|
|
Banks - 2.1%
|
||
|
300,728
|
Wells Fargo & Co.
|
$25,207,021
|
|
|
|
Capital Goods - 9.9%
|
||
|
43,052
|
Caterpillar, Inc.
|
20,542,262
|
|
|
25,565
|
Deere & Co.
|
11,689,852
|
|
|
145,449
|
Honeywell International, Inc.
|
30,617,015
|
|
|
26,269
|
Lockheed Martin Corp.
|
13,113,747
|
|
|
49,305
|
Northrop Grumman Corp.
|
30,042,523
|
|
|
34,292
|
Trane Technologies PLC
|
14,469,852
|
|
|
|
|
|
120,475,251
|
|
|
Commercial & Professional Services - 2.2%
|
||
|
91,749
|
Automatic Data Processing, Inc.
|
26,928,331
|
|
|
|
Consumer Discretionary Distribution & Retail - 6.2%
|
||
|
95,570
|
Home Depot, Inc.
|
38,724,008
|
|
|
255,393
|
TJX Cos., Inc.
|
36,914,504
|
|
|
|
|
|
75,638,512
|
|
|
Consumer Durables & Apparel - 1.9%
|
||
|
332,682
|
NIKE, Inc. Class B
|
23,197,916
|
|
|
|
Consumer Services - 3.8%
|
||
|
56,538
|
Marriott International, Inc. Class A
|
14,724,757
|
|
|
103,738
|
McDonald's Corp.
|
31,524,941
|
|
|
|
|
|
46,249,698
|
|
|
Consumer Staples Distribution & Retail - 1.0%
|
||
|
176,678
|
Kroger Co.
|
11,909,864
|
|
|
|
Equity Real Estate Investment Trusts (REITs) - 0.9%
|
||
|
37,213
|
Public Storage REIT
|
10,748,975
|
|
|
|
Financial Services - 12.2%
|
||
|
117,714
|
American Express Co.
|
39,099,882
|
|
|
78,830
|
Mastercard, Inc. Class A
|
44,839,293
|
|
|
53,355
|
S&P Global, Inc.
|
25,968,412
|
|
|
112,711
|
Visa, Inc. Class A
|
38,477,281
|
|
|
|
|
|
148,384,868
|
|
|
Food, Beverage & Tobacco - 3.9%
|
||
|
313,783
|
Coca-Cola Co.
|
20,810,088
|
|
|
407,372
|
Diageo PLC
|
9,747,461
|
|
|
123,060
|
PepsiCo, Inc.
|
17,282,546
|
|
|
|
|
|
47,840,095
|
|
|
Health Care Equipment & Services - 4.6%
|
||
|
195,241
|
Abbott Laboratories
|
26,150,580
|
|
|
80,630
|
Stryker Corp.
|
29,806,492
|
|
|
|
|
|
55,957,072
|
|
|
Household & Personal Products - 3.5%
|
||
|
217,238
|
Colgate-Palmolive Co.
|
17,366,006
|
|
|
164,706
|
Procter & Gamble Co.
|
25,307,077
|
|
|
|
|
|
42,673,083
|
|
|
Insurance - 4.6%
|
||
|
103,931
|
Chubb Ltd.
|
29,334,525
|
|
|
133,254
|
Marsh & McLennan Cos., Inc.
|
26,854,678
|
|
|
|
|
|
56,189,203
|
|
|
Materials - 3.6%
|
||
|
32,474
|
Ecolab, Inc.
|
8,893,330
|
|
|
74,367
|
Linde PLC
|
35,324,325
|
|
|
|
|
|
44,217,655
|
|
|
Media & Entertainment - 3.4%
|
||
|
172,929
|
Alphabet, Inc. Class A
|
42,039,040
|
|
|
Shares or Principal Amount
|
|
Market Value†
|
|
|
COMMON STOCKS - 98.2% - (continued)
|
|||
|
|
Pharmaceuticals, Biotechnology & Life Sciences - 10.3%
|
||
|
134,178
|
Danaher Corp.
|
$26,602,130
|
|
|
54,298
|
Eli Lilly & Co.
|
41,429,374
|
|
|
116,917
|
Johnson & Johnson
|
21,678,750
|
|
|
133,136
|
Merck & Co., Inc.
|
11,174,105
|
|
|
173,376
|
Zoetis, Inc.
|
25,368,376
|
|
|
|
|
|
126,252,735
|
|
|
Semiconductors & Semiconductor Equipment - 9.0%
|
||
|
147,947
|
Broadcom, Inc.
|
48,809,195
|
|
|
144,452
|
QUALCOMM, Inc.
|
24,031,034
|
|
|
202,519
|
Texas Instruments, Inc.
|
37,208,816
|
|
|
|
|
|
110,049,045
|
|
|
Software & Services - 9.0%
|
||
|
93,525
|
Accenture PLC Class A
|
23,063,265
|
|
|
36,688
|
Intuit, Inc.
|
25,054,602
|
|
|
119,694
|
Microsoft Corp.
|
61,995,507
|
|
|
|
|
|
110,113,374
|
|
|
Technology Hardware & Equipment - 3.8%
|
||
|
184,605
|
Apple, Inc.
|
47,005,971
|
|
|
|
Transportation - 2.3%
|
||
|
236,889
|
Canadian National Railway Co.
|
22,339,091
|
|
|
22,565
|
Union Pacific Corp.
|
5,333,689
|
|
|
|
|
|
27,672,780
|
|
|
Total Common Stocks
(cost $715,879,652)
|
|
$1,198,750,489
|
|
SHORT-TERM INVESTMENTS - 0.4%
|
|||
|
|
Repurchase Agreements - 0.4%
|
||
|
$ 4,299,639
|
Fixed Income Clearing Corp. Repurchase
Agreement dated 09/30/2025 at 4.20%,
due on 10/01/2025 with a maturity value
of $4,300,141; collateralized by
U.S. Treasury Inflation-Indexed Note at
0.63%, maturing 07/15/2032, with a
market value of $4,385,807
|
$4,299,639
|
|
|
|
Total Short-Term Investments
(cost $4,299,639)
|
$4,299,639
|
|
|
|
Total Investments
(cost $720,179,291)
|
98.6
%
|
$1,203,050,128
|
|
|
Other Assets and Liabilities
|
1.4
%
|
17,299,133
|
|
|
Net Assets
|
100.0
%
|
$1,220,349,261
|
|
|
27
|
|
|
Description
|
Total
|
Level 1
|
Level 2
|
Level 3(1)
|
|
Assets
|
|
|
|
|
|
Common Stocks
|
$1,198,750,489
|
$1,189,003,028
|
$9,747,461
|
$—
|
|
Short-Term Investments
|
4,299,639
|
—
|
4,299,639
|
—
|
|
Total
|
$1,203,050,128
|
$1,189,003,028
|
$14,047,100
|
$—
|
|
(1)
|
For the period ended September 30, 2025, there were no transfers in and out of Level
3.
|
|
|
28
|
|
|
Shares or Principal Amount
|
|
Market Value†
|
|
|
ASSET & COMMERCIAL MORTGAGE-BACKED SECURITIES - 18.1%
|
|||
|
|
Asset-Backed - Automobile - 0.8%
|
||
|
|
Avis Budget Rental Car Funding
AESOP LLC
|
|
|
|
$ 1,220,000
|
5.36%, 06/20/2030(1)
|
$1,261,771
|
|
|
645,000
|
5.58%, 12/20/2030(1)
|
664,926
|
|
|
|
Exeter Automobile Receivables Trust
|
|
|
|
740,000
|
4.40%, 05/15/2030
|
742,799
|
|
|
4,425,000
|
4.91%, 08/15/2029
|
4,460,891
|
|
|
1,425,000
|
GLS Auto Receivables Issuer Trust 4.89%,
04/16/2029(1)
|
1,435,792
|
|
|
1,145,000
|
Hertz Vehicle Financing III LLC 5.13%,
09/25/2031(1)
|
1,160,570
|
|
|
63,117
|
Santander Drive Auto Receivables Trust
4.98%, 02/15/2028
|
63,130
|
|
|
446,521
|
Securitized Term Auto Receivables Trust
5.04%, 07/25/2031(1)
|
450,696
|
|
|
985,000
|
SFS Auto Receivables Securitization Trust
5.71%, 01/22/2030(1)
|
1,010,282
|
|
|
|
|
|
11,250,857
|
|
|
Asset-Backed - Student Loan - 0.2%
|
||
|
|
Navient Private Education Refi Loan Trust
|
|
|
|
1,337,438
|
1.11%, 02/18/2070(1)
|
1,192,751
|
|
|
1,677,150
|
5.51%, 10/15/2071(1)
|
1,718,021
|
|
|
|
|
|
2,910,772
|
|
|
Commercial Mortgage-Backed Securities - 4.5%
|
||
|
1,688,000
|
280 Park Avenue Mortgage Trust 6.64%,
09/15/2034, 1 mo. USD Term SOFR +
2.42%(1)(2)
|
1,635,250
|
|
|
|
BBCMS Mortgage Trust
|
|
|
|
6,608,897
|
1.36%, 02/15/2062(3)(4)
|
555,352
|
|
|
21,404,347
|
1.61%, 02/15/2050(3)(4)
|
273,329
|
|
|
7,904,601
|
1.86%, 02/15/2057(3)(4)
|
755,644
|
|
|
925,000
|
3.66%, 04/15/2055(4)
|
859,561
|
|
|
|
Benchmark Mortgage Trust
|
|
|
|
16,788,201
|
0.61%, 07/15/2051(3)(4)
|
160,772
|
|
|
7,529,974
|
0.67%, 01/15/2051(3)(4)
|
71,210
|
|
|
8,024,819
|
1.20%, 08/15/2052(3)(4)
|
211,803
|
|
|
21,171,593
|
1.38%, 03/15/2062(3)(4)
|
748,577
|
|
|
10,280,899
|
1.61%, 01/15/2054(3)(4)
|
643,613
|
|
|
2,239,539
|
1.85%, 07/15/2053(3)(4)
|
117,003
|
|
|
2,395,000
|
BOCA Commercial Mortgage Trust 6.49%,
08/15/2041, 1 mo. USD Term SOFR +
2.34%(1)(2)
|
2,406,975
|
|
|
|
BPR Trust
|
|
|
|
820,000
|
5.85%, 11/05/2041(1)(4)
|
838,279
|
|
|
2,335,000
|
7.38%, 08/15/2039, 1 mo. USD Term
SOFR + 3.23%(1)(2)
|
2,334,718
|
|
|
2,375,000
|
BWAY Trust 7.71%, 05/05/2042(1)(4)
|
2,485,143
|
|
|
328,000
|
BX Trust 7.19%, 03/15/2041, 1 mo. USD
Term SOFR + 3.04%(1)(2)
|
327,999
|
|
|
3,173,671
|
CD Mortgage Trust 2.46%, 08/10/2049
|
3,138,101
|
|
|
580,000
|
CENT Trust 5.09%, 07/10/2040(1)(4)
|
586,896
|
|
|
2,357,000
|
Citigroup Commercial Mortgage Trust
4.14%, 11/15/2049(4)
|
2,089,761
|
|
|
|
Commercial Mortgage Trust
|
|
|
|
841,000
|
2.82%, 01/10/2039(1)
|
805,630
|
|
|
860,000
|
4.08%, 01/10/2039(1)(4)
|
803,466
|
|
|
1,106,000
|
6.51%, 12/10/2041(1)(4)
|
1,122,522
|
|
|
|
CSAIL Commercial Mortgage Trust
|
|
|
|
797,306
|
0.89%, 11/15/2048(3)(4)
|
14
|
|
|
5,924,067
|
2.01%, 01/15/2049(3)(4)
|
5,199
|
|
|
3,382,814
|
DBJPM Mortgage Trust 1.70%,
09/15/2053(3)(4)
|
153,662
|
|
|
380,000
|
DC Trust 7.29%, 04/13/2040(1)(4)
|
379,946
|
|
|
575,000
|
Durst Commercial Mortgage Trust 5.32%,
08/10/2042(1)(4)
|
585,648
|
|
|
Shares or Principal Amount
|
|
Market Value†
|
|
|
ASSET & COMMERCIAL MORTGAGE-BACKED SECURITIES - 18.1% - (continued)
|
|||
|
|
Commercial Mortgage-Backed Securities - 4.5% - (continued)
|
||
|
$ 315,000
|
Extended Stay America Trust 5.75%,
10/15/2042, 1 mo. USD Term SOFR +
1.60%(1)(2)
|
$315,591
|
|
|
2,360,000
|
GS Mortgage Securities Corp. II 5.89%,
03/10/2041(1)(4)
|
2,367,454
|
|
|
4,140,635
|
GS Mortgage Securities Corp. Trust 2.95%,
11/05/2034(1)
|
3,550,146
|
|
|
|
GS Mortgage Securities Trust
|
|
|
|
1,317,508
|
0.00%, 07/10/2046(3)(4)
|
13
|
|
|
356,562
|
0.11%, 08/10/2044(1)(3)(4)
|
262
|
|
|
2,006,911
|
5.10%, 04/10/2047(1)(4)
|
1,577,432
|
|
|
|
HTL Commercial Mortgage Trust
|
|
|
|
1,065,000
|
6.77%, 05/10/2039(1)(4)
|
1,083,371
|
|
|
585,000
|
7.32%, 05/10/2039(1)(4)
|
596,426
|
|
|
|
JP Morgan Chase Commercial Mortgage
Securities Trust
|
|
|
|
1,400,000
|
2.81%, 01/16/2037(1)
|
1,253,000
|
|
|
1,290,924
|
3.69%, 12/15/2047(1)(4)
|
1,045,210
|
|
|
1,164,214
|
JPMBB Commercial Mortgage Securities
Trust 0.49%, 09/15/2047(3)(4)
|
10
|
|
|
1,895,000
|
MAD Commercial Mortgage Trust 5.10%,
10/15/2042(1)(4)
|
1,893,923
|
|
|
145,463
|
Morgan Stanley Bank of America Merrill
Lynch Trust 0.82%, 10/15/2048(3)(4)
|
2
|
|
|
|
Morgan Stanley Capital I Trust
|
|
|
|
6,410,991
|
1.45%, 06/15/2050(3)(4)
|
95,429
|
|
|
1,645,000
|
3.91%, 09/09/2032(1)
|
1,492,356
|
|
|
1,460,000
|
5.11%, 07/15/2049(1)(4)
|
1,365,983
|
|
|
95,275
|
5.22%, 10/12/2052(1)(4)
|
28,439
|
|
|
716,000
|
Natixis Commercial Mortgage Securities
Trust 4.93%, 06/17/2038(1)(4)
|
696,255
|
|
|
230,000
|
NRTH Commercial Mortgage Trust 5.79%,
10/15/2040, 1 mo. USD Term SOFR +
1.64%(1)(2)
|
229,409
|
|
|
3,090,000
|
NYC Commercial Mortgage Trust 5.84%,
02/15/2042, 1 mo. USD Term SOFR +
1.69%(1)(2)
|
3,087,379
|
|
|
2,695,000
|
RFR Trust 5.86%, 03/11/2041(1)(4)
|
2,757,671
|
|
|
3,720,000
|
SG Commercial Mortgage Securities Trust
2.63%, 03/15/2037(1)
|
3,473,485
|
|
|
535,000
|
TEXAS Commercial Mortgage Trust 5.74%,
04/15/2042, 1 mo. USD Term SOFR +
1.59%(1)(2)
|
532,329
|
|
|
3,091,672
|
UBS Commercial Mortgage Trust 1.20%,
08/15/2050(3)(4)
|
43,363
|
|
|
|
Wells Fargo Commercial Mortgage Trust
|
|
|
|
3,085,000
|
2.94%, 10/15/2049
|
3,048,190
|
|
|
430,000
|
3.99%, 05/15/2048(4)
|
400,330
|
|
|
|
Wells Fargo NA
|
|
|
|
19,513,875
|
0.69%, 11/15/2062(3)(4)
|
410,152
|
|
|
9,547,299
|
0.75%, 11/15/2062(3)(4)
|
225,471
|
|
|
31,899,419
|
0.84%, 11/15/2050(3)(4)
|
348,444
|
|
|
3,585,972
|
0.89%, 11/15/2054(3)(4)
|
48,810
|
|
|
17,410,047
|
0.92%, 09/15/2062(3)(4)
|
476,449
|
|
|
33,269,239
|
0.98%, 01/15/2063(3)(4)
|
976,672
|
|
|
12,391,422
|
1.03%, 05/15/2062(3)(4)
|
325,176
|
|
|
5,512,782
|
1.21%, 02/15/2056(3)(4)
|
293,946
|
|
|
20,306,363
|
1.87%, 03/15/2063(3)(4)
|
1,409,542
|
|
|
710,000
|
WFRBS Commercial Mortgage Trust 5.00%,
06/15/2044(1)(4)
|
616,820
|
|
|
|
Willowbrook Mall
|
|
|
|
1,195,000
|
5.87%, 03/05/2035(1)(4)
|
1,243,082
|
|
|
1,940,000
|
6.28%, 03/05/2035(1)(4)
|
1,993,383
|
|
|
|
|
|
63,397,478
|
|
|
Other Asset-Backed Securities - 5.3%
|
||
|
181,574
|
AASET Trust 3.35%, 01/16/2040(1)
|
178,659
|
|
|
|
29
|
|
|
Shares or Principal Amount
|
|
Market Value†
|
|
|
ASSET & COMMERCIAL MORTGAGE-BACKED SECURITIES - 18.1% - (continued)
|
|||
|
|
Other Asset-Backed Securities - 5.3% - (continued)
|
||
|
$ 2,220,000
|
Aligned Data Centers Issuer LLC 6.00%,
08/17/2048(1)
|
$2,243,086
|
|
|
3,285,000
|
Battalion CLO 18 Ltd. 6.53%, 03/13/2037,
3 mo. USD Term SOFR + 2.20%(1)(2)
|
3,289,060
|
|
|
2,590,000
|
Benefit Street Partners CLO XXXI Ltd.
6.07%, 04/25/2038, 3 mo. USD Term
SOFR + 1.75%(1)(2)
|
2,604,807
|
|
|
375,000
|
Blue Owl Asset Leasing Trust LLC 5.41%,
03/15/2030(1)
|
378,363
|
|
|
|
CF Hippolyta Issuer LLC
|
|
|
|
379,926
|
1.53%, 03/15/2061(1)
|
316,850
|
|
|
901,315
|
1.69%, 07/15/2060(1)
|
774,178
|
|
|
1,011,371
|
1.99%, 07/15/2060(1)
|
851,214
|
|
|
576,758
|
5.97%, 08/15/2062(1)
|
557,486
|
|
|
4,485,000
|
Columbia Cent CLO 27 Ltd. 5.77%,
01/25/2035, 3 mo. USD Term SOFR +
1.45%(1)(2)
|
4,488,794
|
|
|
|
Domino's Pizza Master Issuer LLC
|
|
|
|
2,256,200
|
2.66%, 04/25/2051(1)
|
2,132,915
|
|
|
1,392,000
|
3.67%, 10/25/2049(1)
|
1,338,966
|
|
|
2,155,000
|
Elmwood CLO 23 Ltd. 6.07%, 04/16/2036,
3 mo. USD Term SOFR + 1.75%(1)(2)
|
2,159,379
|
|
|
4,700,368
|
FirstKey Homes Trust 4.25%, 07/17/2039(1)
|
4,689,266
|
|
|
2,875,000
|
Generate CLO 12 Ltd. 5.61%, 07/20/2038,
3 mo. USD Term SOFR + 1.33%(1)(2)
|
2,875,391
|
|
|
|
GreenSky Home Improvement Issuer Trust
|
|
|
|
180,000
|
5.02%, 06/25/2060(1)
|
182,447
|
|
|
560,000
|
5.07%, 06/25/2060(1)
|
565,011
|
|
|
3,485,000
|
KKR CLO 58 Ltd. 5.28%, 10/15/2038, 3 mo.
USD Term SOFR + 1.29%(1)(2)
|
3,486,502
|
|
|
|
NMEF Funding LLC
|
|
|
|
306,000
|
4.64%, 01/18/2033(1)
|
307,203
|
|
|
1,055,000
|
4.73%, 01/18/2033(1)
|
1,057,738
|
|
|
195,667
|
NRZ Excess Spread-Collateralized Notes
3.84%, 12/25/2025(1)
|
194,968
|
|
|
1,080,500
|
Parkway Westlake Corp. 3.97%,
10/01/2030(5)
|
1,070,033
|
|
|
2,170,000
|
PEAC Solutions Receivables LLC 5.04%,
07/20/2032(1)
|
2,208,969
|
|
|
|
Post Road Equipment Finance LLC
|
|
|
|
600,000
|
4.90%, 05/15/2031(1)
|
604,698
|
|
|
510,000
|
5.04%, 05/15/2031(1)
|
517,001
|
|
|
|
Progress Residential Trust
|
|
|
|
3,251,309
|
1.51%, 10/17/2038(1)
|
3,182,635
|
|
|
1,081,783
|
3.20%, 04/17/2039(1)
|
1,061,977
|
|
|
1,783,516
|
4.30%, 03/17/2040(1)
|
1,779,323
|
|
|
837,657
|
4.45%, 06/17/2039(1)
|
837,702
|
|
|
1,377,029
|
4.75%, 10/27/2039(1)
|
1,383,613
|
|
|
5,630,000
|
QTS Issuer ABS I LLC 5.44%, 05/25/2055(1)
|
5,733,288
|
|
|
2,650,000
|
Rad CLO 12 Ltd. 5.63%, 07/30/2040, 3 mo.
USD Term SOFR + 1.32%(1)(2)(4)
|
2,656,254
|
|
|
3,315,000
|
Retained Vantage Data Centers Issuer LLC
5.00%, 09/15/2048(1)
|
3,321,093
|
|
|
290,388
|
Sapphire Aviation Finance II Ltd. 3.23%,
03/15/2040(1)
|
277,396
|
|
|
1,340,000
|
SCF Equipment Trust LLC 5.11%,
11/21/2033(1)
|
1,371,447
|
|
|
|
Stack Infrastructure Issuer LLC
|
|
|
|
1,880,000
|
5.90%, 07/25/2048(1)
|
1,895,570
|
|
|
1,010,000
|
5.90%, 03/25/2049(1)
|
1,026,586
|
|
|
1,435,000
|
Summit Issuer LLC 2.29%, 12/20/2050(1)
|
1,426,924
|
|
|
1,741,002
|
Tricon Residential Trust 5.25%, 03/17/2042,
1 mo. USD Term SOFR + 1.10%(1)(2)
|
1,744,334
|
|
|
529,162
|
VFI ABS LLC 4.78%, 06/24/2030(1)
|
531,336
|
|
|
1,918,292
|
Wendy's Funding LLC 3.88%, 03/15/2048(1)
|
1,890,064
|
|
|
Shares or Principal Amount
|
|
Market Value†
|
|
|
ASSET & COMMERCIAL MORTGAGE-BACKED SECURITIES - 18.1% - (continued)
|
|||
|
|
Other Asset-Backed Securities - 5.3% - (continued)
|
||
|
|
Wingstop Funding LLC
|
|
|
|
$ 1,359,300
|
2.84%, 12/05/2050(1)
|
$1,312,270
|
|
|
870,000
|
5.86%, 12/05/2054(1)
|
901,376
|
|
|
2,315,000
|
Zayo Issuer LLC 5.65%, 03/20/2055(1)
|
2,358,747
|
|
|
|
|
|
73,764,919
|
|
|
Whole Loan Collateral CMO - 7.3%
|
||
|
|
Angel Oak Mortgage Trust
|
|
|
|
935,229
|
0.91%, 01/25/2066(1)(4)
|
832,261
|
|
|
488,162
|
0.99%, 04/25/2053(1)(4)
|
463,738
|
|
|
877,902
|
0.99%, 04/25/2066(1)(4)
|
775,518
|
|
|
1,453,613
|
1.82%, 11/25/2066(1)(4)
|
1,302,540
|
|
|
824,779
|
2.88%, 12/25/2066(1)(6)
|
774,435
|
|
|
274,800
|
3.35%, 01/25/2067(1)(4)
|
260,622
|
|
|
812,572
|
Arroyo Mortgage Trust 3.35%,
04/25/2049(1)(4)
|
790,821
|
|
|
|
BRAVO Residential Funding Trust
|
|
|
|
455,905
|
0.94%, 02/25/2049(1)(4)
|
427,569
|
|
|
245,257
|
0.97%, 03/25/2060(1)(4)
|
238,953
|
|
|
|
COLT Mortgage Loan Trust
|
|
|
|
1,390,113
|
0.91%, 06/25/2066(1)(4)
|
1,206,595
|
|
|
3,080,096
|
4.55%, 04/25/2067(1)(4)
|
3,069,038
|
|
|
|
CSMC Trust
|
|
|
|
1,435,128
|
0.94%, 05/25/2066(1)(4)
|
1,197,294
|
|
|
1,713,949
|
1.84%, 10/25/2066(1)(4)
|
1,537,560
|
|
|
4,164,449
|
2.27%, 11/25/2066(1)(4)
|
3,812,248
|
|
|
1,026,744
|
3.25%, 04/25/2047(1)(4)
|
944,914
|
|
|
961,874
|
4.14%, 12/27/2060(1)(4)
|
963,869
|
|
|
572,931
|
Deephaven Residential Mortgage Trust
0.90%, 04/25/2066(1)(4)
|
509,038
|
|
|
|
Ellington Financial Mortgage Trust
|
|
|
|
631,128
|
0.93%, 06/25/2066(1)(4)
|
530,776
|
|
|
1,889,102
|
2.21%, 01/25/2067(1)(4)
|
1,662,066
|
|
|
|
Federal Home Loan Mortgage Corp.
Seasoned Credit Risk Transfer Trust
|
|
|
|
1,739,414
|
2.50%, 08/25/2059
|
1,427,886
|
|
|
1,592,704
|
3.50%, 11/25/2057
|
1,523,171
|
|
|
855,404
|
3.50%, 08/25/2058
|
806,421
|
|
|
3,197,340
|
3.50%, 10/25/2058
|
2,910,250
|
|
|
|
Federal National Mortgage Association
Connecticut Avenue Securities Trust
|
|
|
|
726,000
|
6.16%, 02/25/2044, 30 day USD SOFR
Average + 1.80%(1)(2)
|
731,971
|
|
|
654,800
|
7.46%, 10/25/2041, 30 day USD SOFR
Average + 3.10%(1)(2)
|
667,154
|
|
|
1,547,000
|
7.51%, 12/25/2041, 30 day USD SOFR
Average + 3.15%(1)(2)
|
1,584,221
|
|
|
3,155,000
|
8.86%, 01/25/2042, 30 day USD SOFR
Average + 4.50%(1)(2)
|
3,271,356
|
|
|
|
GCAT Trust
|
|
|
|
1,241,919
|
1.04%, 05/25/2066(1)(4)
|
1,049,374
|
|
|
1,041,179
|
1.92%, 08/25/2066(1)(4)
|
969,852
|
|
|
3,943,930
|
Imperial Fund Mortgage Trust 3.64%,
03/25/2067(1)(6)
|
3,763,260
|
|
|
|
Legacy Mortgage Asset Trust
|
|
|
|
916,022
|
5.75%, 04/25/2061(1)(6)
|
913,206
|
|
|
1,248,798
|
5.75%, 07/25/2061(1)(6)
|
1,259,721
|
|
|
|
MFA Trust
|
|
|
|
109,923
|
1.01%, 01/26/2065(1)(4)
|
104,459
|
|
|
865,125
|
1.03%, 11/25/2064(1)(4)
|
765,350
|
|
|
533,584
|
1.15%, 04/25/2065(1)(4)
|
504,966
|
|
|
2,785,000
|
Morgan Stanley Residential Mortgage Loan
Trust 4.25%, 02/25/2065(1)(4)
|
2,718,795
|
|
|
|
New Residential Mortgage Loan Trust
|
|
|
|
383,611
|
0.94%, 10/25/2058(1)(4)
|
377,956
|
|
|
212,793
|
2.49%, 09/25/2059(1)(4)
|
204,469
|
|
|
849,989
|
3.50%, 08/25/2059(1)(4)
|
809,570
|
|
|
|
30
|
|
|
Shares or Principal Amount
|
|
Market Value†
|
|
|
ASSET & COMMERCIAL MORTGAGE-BACKED SECURITIES - 18.1% - (continued)
|
|||
|
|
Whole Loan Collateral CMO - 7.3% - (continued)
|
||
|
$ 998,236
|
3.75%, 11/26/2035(1)(4)
|
$969,504
|
|
|
1,006,449
|
3.75%, 11/25/2056(1)(4)
|
967,491
|
|
|
1,004,324
|
4.00%, 05/25/2057(1)(4)
|
967,718
|
|
|
699,982
|
4.00%, 12/25/2057(1)(4)
|
684,448
|
|
|
945,625
|
5.02%, 01/25/2048, 1 mo. USD Term
SOFR + 0.86%(1)(2)
|
928,917
|
|
|
813,084
|
5.77%, 06/25/2057, 1 mo. USD Term
SOFR + 1.61%(1)(2)
|
823,115
|
|
|
2,494,334
|
NMLT Trust 1.19%, 05/25/2056(1)(4)
|
2,152,381
|
|
|
|
OBX Trust
|
|
|
|
2,106,201
|
1.05%, 07/25/2061(1)(4)
|
1,734,708
|
|
|
2,134,760
|
1.10%, 05/25/2061(1)(4)
|
1,771,933
|
|
|
872,375
|
1.96%, 10/25/2061(1)(4)
|
748,012
|
|
|
3,213,455
|
2.31%, 11/25/2061(1)(4)
|
2,911,551
|
|
|
|
PRET LLC
|
|
|
|
2,751,663
|
5.39%, 08/25/2055(1)(6)
|
2,750,480
|
|
|
2,195,844
|
5.66%, 07/25/2055(1)(6)
|
2,194,869
|
|
|
2,004,968
|
5.73%, 08/25/2055(1)(6)
|
2,009,975
|
|
|
3,329,055
|
5.74%, 06/25/2055(1)(6)
|
3,345,506
|
|
|
2,054,194
|
5.96%, 09/25/2054(1)(6)
|
2,041,608
|
|
|
|
PRPM LLC
|
|
|
|
3,438,566
|
3.75%, 04/25/2055(1)(6)
|
3,346,993
|
|
|
1,306,354
|
5.50%, 08/25/2030(1)(6)
|
1,308,251
|
|
|
515,241
|
5.70%, 11/25/2029(1)(6)
|
518,101
|
|
|
738,406
|
5.73%, 07/25/2030(1)(6)
|
737,647
|
|
|
1,843,023
|
5.77%, 08/25/2028(1)(6)
|
1,852,663
|
|
|
1,612,955
|
5.87%, 11/25/2029(1)(6)
|
1,605,510
|
|
|
194,337
|
RCO VIII Mortgage LLC 6.43%,
05/25/2030(1)(6)
|
195,881
|
|
|
|
Starwood Mortgage Residential Trust
|
|
|
|
315,884
|
0.94%, 05/25/2065(1)(4)
|
298,868
|
|
|
2,451,072
|
1.92%, 11/25/2066(1)(4)
|
2,163,864
|
|
|
4,729,170
|
Towd Point Mortgage Trust 2.92%,
11/30/2060(1)(4)
|
4,215,606
|
|
|
|
Verus Securitization Trust
|
|
|
|
679,633
|
0.92%, 02/25/2064(1)(4)
|
634,121
|
|
|
1,134,880
|
0.94%, 07/25/2066(1)(4)
|
955,146
|
|
|
628,880
|
1.03%, 02/25/2066(1)(4)
|
562,153
|
|
|
4,405,381
|
1.05%, 06/25/2066(1)(4)
|
3,874,824
|
|
|
1,612,264
|
1.82%, 11/25/2066(1)(4)
|
1,492,258
|
|
|
3,951,008
|
1.83%, 10/25/2066(1)(6)
|
3,610,141
|
|
|
569,505
|
4.13%, 02/25/2067(1)(6)
|
548,225
|
|
|
|
|
|
102,585,731
|
|
|
Total Asset & Commercial
Mortgage-Backed Securities
(cost $261,291,202)
|
$253,909,757
|
|
|
CORPORATE BONDS - 26.7%
|
|||
|
|
Advertising - 0.1%
|
||
|
1,670,000
|
Lamar Media Corp. 3.63%, 01/15/2031
|
$1,553,817
|
|
|
|
Aerospace & Defense - 0.4%
|
||
|
745,000
|
BAE Systems PLC 5.13%, 03/26/2029(1)
|
767,221
|
|
|
|
Boeing Co.
|
|
|
|
335,000
|
2.95%, 02/01/2030
|
315,399
|
|
|
90,000
|
3.20%, 03/01/2029
|
86,843
|
|
|
105,000
|
3.75%, 02/01/2050
|
77,576
|
|
|
1,130,000
|
5.15%, 05/01/2030
|
1,159,556
|
|
|
1,920,000
|
5.71%, 05/01/2040
|
1,959,134
|
|
|
385,000
|
6.39%, 05/01/2031
|
419,309
|
|
|
470,000
|
6.53%, 05/01/2034
|
519,569
|
|
|
810,000
|
L3Harris Technologies, Inc. 5.05%,
06/01/2029
|
832,763
|
|
|
|
|
|
6,137,370
|
|
Shares or Principal Amount
|
|
Market Value†
|
|
|
CORPORATE BONDS - 26.7% - (continued)
|
|||
|
|
Agriculture - 0.5%
|
||
|
|
BAT Capital Corp.
|
|
|
|
$ 830,000
|
5.63%, 08/15/2035
|
$862,373
|
|
|
545,000
|
5.83%, 02/20/2031
|
576,424
|
|
|
360,000
|
JBS USA LUX SARL/JBS USA Food
Co./JBS USA Foods Group 5.95%,
04/20/2035(1)
|
378,181
|
|
|
|
Philip Morris International, Inc.
|
|
|
|
915,000
|
4.38%, 11/01/2027
|
921,776
|
|
|
690,000
|
4.75%, 11/01/2031
|
701,828
|
|
|
270,000
|
5.13%, 02/15/2030
|
279,028
|
|
|
1,265,000
|
5.13%, 02/13/2031
|
1,309,143
|
|
|
585,000
|
5.38%, 02/15/2033
|
610,924
|
|
|
215,000
|
5.63%, 11/17/2029
|
226,227
|
|
|
565,000
|
5.63%, 09/07/2033
|
599,230
|
|
|
|
|
|
6,465,134
|
|
|
Apparel - 0.1%
|
||
|
855,000
|
Gildan Activewear, Inc. 5.40%,
10/07/2035(1)
|
855,119
|
|
|
|
Tapestry, Inc.
|
|
|
|
640,000
|
5.10%, 03/11/2030
|
654,558
|
|
|
245,000
|
5.50%, 03/11/2035
|
250,264
|
|
|
|
|
|
1,759,941
|
|
|
Auto Manufacturers - 0.3%
|
||
|
|
Daimler Truck Finance North America LLC
|
|
|
|
1,740,000
|
5.00%, 10/12/2032(1)
|
1,748,394
|
|
|
635,000
|
5.38%, 01/13/2032(1)
|
653,058
|
|
|
2,485,000
|
Ford Motor Co. 3.25%, 02/12/2032
|
2,174,310
|
|
|
|
|
|
4,575,762
|
|
|
Beverages - 0.3%
|
||
|
|
Bacardi Ltd./Bacardi-Martini BV
|
|
|
|
150,000
|
5.25%, 01/15/2029(1)
|
153,065
|
|
|
413,000
|
5.40%, 06/15/2033(1)
|
417,241
|
|
|
515,000
|
Bacardi-Martini BV 6.00%, 02/01/2035(1)
|
535,538
|
|
|
|
Constellation Brands, Inc.
|
|
|
|
570,000
|
3.15%, 08/01/2029
|
548,171
|
|
|
535,000
|
4.80%, 05/01/2030(7)
|
542,592
|
|
|
|
Keurig Dr Pepper, Inc.
|
|
|
|
190,000
|
2.25%, 03/15/2031
|
167,536
|
|
|
1,025,000
|
4.50%, 04/15/2052
|
828,047
|
|
|
585,000
|
5.15%, 05/15/2035
|
579,434
|
|
|
325,000
|
5.20%, 03/15/2031
|
332,181
|
|
|
|
|
|
4,103,805
|
|
|
Biotechnology - 0.2%
|
||
|
2,765,000
|
Royalty Pharma PLC 5.20%, 09/25/2035
|
2,762,652
|
|
|
|
Chemicals - 0.1%
|
||
|
1,980,000
|
Sherwin-Williams Co. 5.15%, 08/15/2035
|
2,014,657
|
|
|
|
Commercial Banks - 3.9%
|
||
|
EUR
600,000
|
Banca Comerciala Romana SA 7.63%,
05/19/2027, (7.63% fixed rate until
05/19/2026; 3 mo. EURIBOR + 4.54%
thereafter)(8)(9)
|
724,054
|
|
|
740,000
|
Banca Transilvania SA 8.88%, 04/27/2027,
(8.88% fixed rate until 04/27/2026; 1 yr.
EURIBOR ICE Swap + 5.58%
thereafter)(8)(9)
|
894,494
|
|
|
|
Bank of America Corp.
|
|
|
|
$ 940,000
|
1.92%, 10/24/2031, (1.92% fixed rate
until 10/24/2030; 6 mo. USD SOFR +
1.37% thereafter)(8)
|
834,880
|
|
|
985,000
|
2.30%, 07/21/2032, (2.30% fixed rate
until 07/21/2031; 6 mo. USD SOFR +
1.22% thereafter)(8)
|
873,698
|
|
|
|
31
|
|
|
Shares or Principal Amount
|
|
Market Value†
|
|
|
CORPORATE BONDS - 26.7% - (continued)
|
|||
|
|
Commercial Banks - 3.9% - (continued)
|
||
|
$ 1,065,000
|
2.48%, 09/21/2036, (2.48% fixed rate
until 09/21/2031; 5 yr. USD CMT +
1.20% thereafter)(8)
|
$924,607
|
|
|
1,410,000
|
2.59%, 04/29/2031, (2.59% fixed rate
until 04/29/2030; 6 mo. USD SOFR +
2.15% thereafter)(8)
|
1,306,628
|
|
|
1,020,000
|
3.19%, 07/23/2030, (3.19% fixed rate
until 07/23/2029; 3 mo. USD Term
SOFR + 1.44% thereafter)(8)
|
982,461
|
|
|
395,000
|
4.95%, 07/22/2028, (4.95% fixed rate
until 07/22/2027; 6 mo. USD SOFR +
2.04% thereafter)(8)
|
400,686
|
|
|
555,000
|
5.52%, 10/25/2035, (5.52% fixed rate
until 10/25/2034; 6 mo. USD SOFR +
1.74% thereafter)(8)
|
568,486
|
|
|
|
Bank of New York Mellon Corp.
|
|
|
|
660,000
|
5.06%, 07/22/2032, (5.06% fixed rate
until 07/22/2031; 6 mo. USD SOFR +
1.23% thereafter)(8)
|
681,927
|
|
|
305,000
|
5.19%, 03/14/2035, (5.19% fixed rate
until 03/14/2034; 6 mo. USD SOFR +
1.42% thereafter)(8)
|
314,392
|
|
|
1,230,000
|
BNP Paribas SA 5.91%, 11/19/2035,
(5.91% fixed rate until 11/19/2034; 6 mo.
USD SOFR + 1.92% thereafter)(1)(8)
|
1,274,534
|
|
|
|
BPCE SA
|
|
|
|
1,615,000
|
5.39%, 05/28/2031, (5.39% fixed rate
until 05/28/2030; 6 mo. USD SOFR +
1.58% thereafter)(1)(8)
|
1,656,900
|
|
|
1,295,000
|
5.88%, 01/14/2031, (5.88% fixed rate
until 01/14/2030; 6 mo. USD SOFR +
1.68% thereafter)(1)(8)
|
1,352,470
|
|
|
1,370,000
|
6.51%, 01/18/2035, (6.51% fixed rate
until 01/18/2034; 6 mo. USD SOFR +
2.79% thereafter)(1)(8)
|
1,455,702
|
|
|
270,000
|
6.71%, 10/19/2029, (6.71% fixed rate
until 10/19/2028; 6 mo. USD SOFR +
2.27% thereafter)(1)(8)
|
286,632
|
|
|
810,000
|
Citibank NA 4.91%, 05/29/2030
|
832,220
|
|
|
|
Citigroup, Inc.
|
|
|
|
1,785,000
|
4.50%, 09/11/2031, (4.50% fixed rate
until 09/11/2030; 6 mo. USD SOFR +
1.17% thereafter)(8)
|
1,785,965
|
|
|
1,330,000
|
4.95%, 05/07/2031, (4.95% fixed rate
until 05/07/2030; 6 mo. USD SOFR +
1.46% thereafter)(8)
|
1,355,272
|
|
|
|
Citizens Financial Group, Inc.
|
|
|
|
790,000
|
5.25%, 03/05/2031, (5.25% fixed rate
until 03/05/2030; 6 mo. USD SOFR +
1.26% thereafter)(8)
|
809,649
|
|
|
120,000
|
6.65%, 04/25/2035, (6.65% fixed rate
until 04/25/2034; 6 mo. USD SOFR +
2.33% thereafter)(8)
|
132,037
|
|
|
|
Credit Agricole SA
|
|
|
|
1,715,000
|
4.82%, 09/25/2033, (4.82% fixed rate
until 09/25/2032; 6 mo. USD SOFR +
1.36% thereafter)(1)(8)
|
1,704,459
|
|
|
1,590,000
|
5.22%, 05/27/2031, (5.22% fixed rate
until 05/27/2030; 6 mo. USD SOFR +
1.46% thereafter)(1)(8)
|
1,631,070
|
|
|
1,775,000
|
6.25%, 01/10/2035, (6.25% fixed rate
until 01/10/2034; 6 mo. USD SOFR +
2.67% thereafter)(1)(8)
|
1,872,966
|
|
|
Shares or Principal Amount
|
|
Market Value†
|
|
|
CORPORATE BONDS - 26.7% - (continued)
|
|||
|
|
Commercial Banks - 3.9% - (continued)
|
||
|
|
Goldman Sachs Group, Inc.
|
|
|
|
$ 820,000
|
2.38%, 07/21/2032, (2.38% fixed rate
until 07/21/2031; 6 mo. USD SOFR +
1.25% thereafter)(8)
|
$731,849
|
|
|
225,000
|
2.62%, 04/22/2032, (2.62% fixed rate
until 04/22/2031; 6 mo. USD SOFR +
1.28% thereafter)(8)
|
204,124
|
|
|
1,170,000
|
4.69%, 10/23/2030, (4.69% fixed rate
until 10/23/2029; 6 mo. USD SOFR +
1.14% thereafter)(8)
|
1,184,911
|
|
|
715,000
|
5.05%, 07/23/2030, (5.05% fixed rate
until 07/23/2029; 6 mo. USD SOFR +
1.21% thereafter)(8)
|
732,920
|
|
|
540,000
|
5.22%, 04/23/2031, (5.22% fixed rate
until 04/23/2030; 6 mo. USD SOFR +
1.58% thereafter)(8)
|
558,417
|
|
|
|
HSBC Holdings PLC
|
|
|
|
410,000
|
2.85%, 06/04/2031, (2.85% fixed rate
until 06/04/2030; 6 mo. USD SOFR +
2.39% thereafter)(8)
|
381,219
|
|
|
870,000
|
5.13%, 03/03/2031, (5.13% fixed rate
until 03/03/2030; 6 mo. USD SOFR +
1.29% thereafter)(8)
|
891,004
|
|
|
1,675,000
|
5.24%, 05/13/2031, (5.24% fixed rate
until 05/13/2030; 6 mo. USD SOFR +
1.57% thereafter)(8)
|
1,723,660
|
|
|
215,000
|
5.29%, 11/19/2030, (5.29% fixed rate
until 11/19/2029; 6 mo. USD SOFR +
1.29% thereafter)(8)
|
221,773
|
|
|
|
JP Morgan Chase & Co.
|
|
|
|
945,000
|
2.55%, 11/08/2032, (2.55% fixed rate
until 11/08/2031; 6 mo. USD SOFR +
1.18% thereafter)(8)
|
847,590
|
|
|
1,450,000
|
4.51%, 10/22/2028, (4.51% fixed rate
until 10/22/2027; 6 mo. USD SOFR +
0.86% thereafter)(8)
|
1,462,389
|
|
|
250,000
|
4.95%, 10/22/2035, (4.95% fixed rate
until 10/22/2034; 6 mo. USD SOFR +
1.34% thereafter)(8)
|
252,124
|
|
|
1,495,000
|
5.00%, 07/22/2030, (5.00% fixed rate
until 07/22/2029; 6 mo. USD SOFR +
1.13% thereafter)(8)
|
1,533,486
|
|
|
510,000
|
5.10%, 04/22/2031, (5.10% fixed rate
until 04/22/2030; 6 mo. USD SOFR +
1.44% thereafter)(8)
|
526,891
|
|
|
465,000
|
5.14%, 01/24/2031, (5.14% fixed rate
until 01/24/2030; 6 mo. USD SOFR +
1.01% thereafter)(8)
|
480,220
|
|
|
1,340,000
|
5.30%, 07/24/2029, (5.30% fixed rate
until 07/24/2028; 6 mo. USD SOFR +
1.45% thereafter)(8)
|
1,380,643
|
|
|
1,070,000
|
5.34%, 01/23/2035, (5.34% fixed rate
until 01/23/2034; 6 mo. USD SOFR +
1.62% thereafter)(8)
|
1,112,132
|
|
|
1,260,000
|
5.58%, 07/23/2036, (5.58% fixed rate
until 07/23/2035; 6 mo. USD SOFR +
1.64% thereafter)(8)
|
1,306,219
|
|
|
1,575,000
|
5.58%, 04/22/2030, (5.58% fixed rate
until 04/22/2029; 6 mo. USD SOFR +
1.16% thereafter)(8)
|
1,645,066
|
|
|
280,000
|
6.09%, 10/23/2029, (6.09% fixed rate
until 10/23/2028; 6 mo. USD SOFR +
1.57% thereafter)(7)(8)
|
295,477
|
|
|
|
32
|
|
|
Shares or Principal Amount
|
|
Market Value†
|
|
|
CORPORATE BONDS - 26.7% - (continued)
|
|||
|
|
Commercial Banks - 3.9% - (continued)
|
||
|
|
Morgan Stanley
|
|
|
|
$ 815,000
|
1.79%, 02/13/2032, (1.79% fixed rate
until 02/13/2031; 6 mo. USD SOFR +
1.03% thereafter)(8)
|
$710,825
|
|
|
1,530,000
|
1.93%, 04/28/2032, (1.93% fixed rate
until 04/28/2031; 6 mo. USD SOFR +
1.02% thereafter)(8)
|
1,335,273
|
|
|
460,000
|
3.62%, 04/01/2031, (3.62% fixed rate
until 04/01/2030; 6 mo. USD SOFR +
3.12% thereafter)(8)
|
446,340
|
|
|
495,000
|
4.65%, 10/18/2030, (4.65% fixed rate
until 10/18/2029; 6 mo. USD SOFR +
1.10% thereafter)(8)
|
500,411
|
|
|
460,000
|
5.23%, 01/15/2031, (5.23% fixed rate
until 01/15/2030; 6 mo. USD SOFR +
1.11% thereafter)(8)
|
474,789
|
|
|
455,000
|
5.45%, 07/20/2029, (5.45% fixed rate
until 07/20/2028; 6 mo. USD SOFR +
1.63% thereafter)(8)
|
470,156
|
|
|
160,000
|
6.41%, 11/01/2029, (6.41% fixed rate
until 11/01/2028; 6 mo. USD SOFR +
1.83% thereafter)(8)
|
170,059
|
|
|
815,000
|
OTP Bank Nyrt 7.50%, 05/25/2027, (7.50%
fixed rate until 05/25/2026; 1 yr. USD
CMT + 3.71% thereafter)(8)(9)
|
828,706
|
|
|
1,045,000
|
Royal Bank of Canada 5.15%, 02/04/2031,
(5.15% fixed rate until 02/04/2030; 6 mo.
USD SOFR + 1.03% thereafter)(8)
|
1,076,599
|
|
|
865,000
|
Standard Chartered PLC 7.77%,
11/16/2028, (7.77% fixed rate until
11/16/2027; 1 yr. USD CMT + 3.45%
thereafter)(1)(8)
|
926,225
|
|
|
1,155,000
|
UBS Group AG 6.44%, 08/11/2028, (6.44%
fixed rate until 08/11/2027; 6 mo. USD
SOFR + 3.70% thereafter)(1)(8)
|
1,200,088
|
|
|
|
Wells Fargo & Co.
|
|
|
|
1,030,000
|
3.35%, 03/02/2033, (3.35% fixed rate
until 03/02/2032; 6 mo. USD SOFR +
1.50% thereafter)(8)
|
958,801
|
|
|
1,000,000
|
4.90%, 07/25/2033, (4.90% fixed rate
until 07/25/2032; 6 mo. USD SOFR +
2.10% thereafter)(8)
|
1,015,929
|
|
|
755,000
|
5.15%, 04/23/2031, (5.15% fixed rate
until 04/23/2030; 6 mo. USD SOFR +
1.50% thereafter)(8)
|
778,632
|
|
|
155,000
|
5.24%, 01/24/2031, (5.24% fixed rate
until 01/24/2030; 6 mo. USD SOFR +
1.11% thereafter)(8)
|
160,364
|
|
|
950,000
|
5.57%, 07/25/2029, (5.57% fixed rate
until 07/25/2028; 6 mo. USD SOFR +
1.74% thereafter)(8)
|
984,534
|
|
|
725,000
|
6.49%, 10/23/2034, (6.49% fixed rate
until 10/23/2033; 6 mo. USD SOFR +
2.06% thereafter)(8)
|
805,542
|
|
|
|
|
|
54,971,576
|
|
|
Commercial Services - 0.5%
|
||
|
|
Ashtead Capital, Inc.
|
|
|
|
475,000
|
2.45%, 08/12/2031(1)
|
421,304
|
|
|
430,000
|
4.25%, 11/01/2029(1)
|
424,083
|
|
|
|
Block, Inc.
|
|
|
|
970,000
|
3.50%, 06/01/2031(7)
|
902,704
|
|
|
400,000
|
5.63%, 08/15/2030(1)
|
405,271
|
|
|
|
Howard University
|
|
|
|
1,000,000
|
2.70%, 10/01/2029
|
925,874
|
|
|
1,000,000
|
2.90%, 10/01/2031
|
891,145
|
|
|
Shares or Principal Amount
|
|
Market Value†
|
|
|
CORPORATE BONDS - 26.7% - (continued)
|
|||
|
|
Commercial Services - 0.5% - (continued)
|
||
|
$ 720,000
|
3.48%, 10/01/2041
|
$545,986
|
|
|
|
Service Corp. International
|
|
|
|
1,810,000
|
3.38%, 08/15/2030
|
1,677,087
|
|
|
1,326,000
|
5.13%, 06/01/2029
|
1,325,908
|
|
|
|
|
|
7,519,362
|
|
|
Construction Materials - 0.4%
|
||
|
3,340,000
|
Builders FirstSource, Inc. 5.00%,
03/01/2030(1)
|
3,306,041
|
|
|
|
Standard Industries, Inc.
|
|
|
|
265,000
|
3.38%, 01/15/2031(1)
|
239,975
|
|
|
2,205,000
|
4.38%, 07/15/2030(1)
|
2,114,109
|
|
|
|
|
|
5,660,125
|
|
|
Diversified Financial Services - 0.8%
|
||
|
|
American Express Co.
|
|
|
|
1,005,000
|
5.02%, 04/25/2031, (5.02% fixed rate
until 04/25/2030; 6 mo. USD SOFR +
1.44% thereafter)(8)
|
1,033,410
|
|
|
1,280,000
|
5.09%, 01/30/2031, (5.09% fixed rate
until 01/30/2030; 6 mo. USD SOFR +
1.02% thereafter)(8)
|
1,319,662
|
|
|
685,000
|
Ameriprise Financial, Inc. 5.20%,
04/15/2035
|
697,784
|
|
|
|
Capital One Financial Corp.
|
|
|
|
930,000
|
4.49%, 09/11/2031, (4.49% fixed rate
until 09/11/2030; 6 mo. USD SOFR +
1.25% thereafter)(8)
|
922,478
|
|
|
275,000
|
6.05%, 02/01/2035, (6.05% fixed rate
until 02/01/2034; 6 mo. USD SOFR +
2.26% thereafter)(8)
|
291,917
|
|
|
550,000
|
6.18%, 01/30/2036, (6.18% fixed rate
until 01/30/2035; 6 mo. USD SOFR +
2.04% thereafter)(8)
|
570,545
|
|
|
1,555,000
|
7.62%, 10/30/2031, (7.62% fixed rate
until 10/30/2030; 6 mo. USD SOFR +
3.07% thereafter)(8)
|
1,758,694
|
|
|
785,000
|
7.96%, 11/02/2034, (7.96% fixed rate
until 11/02/2033; 6 mo. USD SOFR +
3.37% thereafter)(8)
|
928,130
|
|
|
1,710,000
|
Rocket Mortgage LLC/Rocket Mortgage
Co-Issuer, Inc. 3.88%, 03/01/2031(1)
|
1,596,873
|
|
|
|
Synchrony Financial
|
|
|
|
955,000
|
5.45%, 03/06/2031, (5.45% fixed rate
until 03/06/2030; 6 mo. USD SOFR +
1.68% thereafter)(8)
|
973,112
|
|
|
905,000
|
6.00%, 07/29/2036, (6.00% fixed rate
until 07/29/2035; 6 mo. USD SOFR +
2.07% thereafter)(8)
|
925,671
|
|
|
|
|
|
11,018,276
|
|
|
Electric - 4.4%
|
||
|
635,000
|
AES Andes SA 6.25%, 03/14/2032(1)
|
664,796
|
|
|
|
Alabama Power Co.
|
|
|
|
945,000
|
3.45%, 10/01/2049
|
692,443
|
|
|
185,000
|
5.10%, 04/02/2035
|
189,054
|
|
|
705,000
|
Arizona Public Service Co. 5.70%,
08/15/2034
|
738,664
|
|
|
720,000
|
Baltimore Gas & Electric Co. 5.45%,
06/01/2035
|
747,884
|
|
|
310,000
|
Cleco Corporate Holdings LLC 3.38%,
09/15/2029
|
289,660
|
|
|
|
Consolidated Edison Co. of New York, Inc.
|
|
|
|
545,000
|
3.20%, 12/01/2051
|
369,071
|
|
|
790,000
|
5.50%, 03/15/2055
|
781,110
|
|
|
135,000
|
5.70%, 05/15/2054
|
138,365
|
|
|
|
33
|
|
|
Shares or Principal Amount
|
|
Market Value†
|
|
|
CORPORATE BONDS - 26.7% - (continued)
|
|||
|
|
Electric - 4.4% - (continued)
|
||
|
|
Dominion Energy, Inc.
|
|
|
|
$ 1,125,000
|
5.00%, 06/15/2030
|
$1,153,357
|
|
|
3,235,000
|
6.00%, 02/15/2056, (6.00% fixed rate
until 11/15/2030; 5 yr. USD CMT +
2.26% thereafter)(8)
|
3,258,144
|
|
|
625,000
|
Duke Energy Carolinas LLC 4.25%,
12/15/2041
|
552,049
|
|
|
|
Duke Energy Corp.
|
|
|
|
2,040,000
|
2.55%, 06/15/2031
|
1,844,259
|
|
|
320,000
|
3.30%, 06/15/2041
|
246,307
|
|
|
1,645,000
|
4.95%, 09/15/2035
|
1,634,205
|
|
|
480,000
|
5.00%, 08/15/2052
|
432,123
|
|
|
180,000
|
5.45%, 06/15/2034
|
187,227
|
|
|
610,000
|
Duke Energy Florida LLC 1.75%,
06/15/2030
|
546,030
|
|
|
780,000
|
Duke Energy Indiana LLC 3.25%,
10/01/2049
|
543,529
|
|
|
380,000
|
Duke Energy Ohio, Inc. 5.55%, 03/15/2054
|
379,596
|
|
|
|
Duke Energy Progress LLC
|
|
|
|
670,000
|
4.38%, 03/30/2044
|
583,075
|
|
|
255,000
|
5.05%, 03/15/2035
|
259,109
|
|
|
475,000
|
5.55%, 03/15/2055
|
476,900
|
|
|
|
Edison International
|
|
|
|
434,000
|
5.25%, 03/15/2032
|
429,883
|
|
|
1,000,000
|
6.25%, 03/15/2030(7)
|
1,039,835
|
|
|
|
Eversource Energy
|
|
|
|
1,120,000
|
5.13%, 05/15/2033
|
1,135,598
|
|
|
1,014,000
|
5.50%, 01/01/2034
|
1,047,070
|
|
|
|
Georgia Power Co.
|
|
|
|
245,000
|
4.30%, 03/15/2042
|
216,261
|
|
|
985,000
|
4.55%, 03/15/2030
|
1,000,240
|
|
|
1,925,000
|
4.85%, 03/15/2031
|
1,976,561
|
|
|
1,065,000
|
5.20%, 03/15/2035
|
1,091,344
|
|
|
1,055,000
|
Interstate Power & Light Co. 5.60%,
06/29/2035
|
1,096,078
|
|
|
845,000
|
Investment Energy Resources Ltd. 6.25%,
04/26/2029(1)
|
841,602
|
|
|
195,000
|
Jersey Central Power & Light Co. 5.10%,
01/15/2035
|
197,628
|
|
|
140,000
|
Monongahela Power Co. 5.85%,
02/15/2034(1)
|
147,967
|
|
|
515,000
|
NSTAR Electric Co. 5.40%, 06/01/2034
|
536,102
|
|
|
275,000
|
Ohio Edison Co. 5.50%, 01/15/2033(1)
|
285,744
|
|
|
615,000
|
Oncor Electric Delivery Co. LLC 5.35%,
04/01/2035(1)
|
636,093
|
|
|
|
Pacific Gas & Electric Co.
|
|
|
|
1,480,000
|
2.50%, 02/01/2031
|
1,318,535
|
|
|
329,000
|
3.30%, 08/01/2040
|
249,268
|
|
|
225,000
|
3.50%, 08/01/2050
|
153,496
|
|
|
680,000
|
4.55%, 07/01/2030
|
675,277
|
|
|
270,000
|
4.75%, 02/15/2044
|
230,991
|
|
|
194,000
|
4.95%, 07/01/2050
|
166,508
|
|
|
600,000
|
5.05%, 10/15/2032
|
598,860
|
|
|
755,000
|
5.80%, 05/15/2034
|
782,304
|
|
|
1,069,000
|
5.90%, 10/01/2054
|
1,041,316
|
|
|
1,900,000
|
6.10%, 01/15/2029
|
1,987,604
|
|
|
727,000
|
6.15%, 01/15/2033
|
769,452
|
|
|
195,000
|
6.15%, 03/01/2055
|
196,109
|
|
|
1,423,000
|
6.75%, 01/15/2053
|
1,533,208
|
|
|
1,053,000
|
6.95%, 03/15/2034
|
1,167,979
|
|
|
|
Pinnacle West Capital Corp.
|
|
|
|
901,000
|
4.90%, 05/15/2028
|
915,329
|
|
|
791,000
|
5.15%, 05/15/2030
|
813,455
|
|
|
910,000
|
Public Service Co. of Oklahoma 5.20%,
01/15/2035
|
921,235
|
|
|
|
Public Service Enterprise Group, Inc.
|
|
|
|
1,215,000
|
4.90%, 03/15/2030
|
1,241,922
|
|
|
Shares or Principal Amount
|
|
Market Value†
|
|
|
CORPORATE BONDS - 26.7% - (continued)
|
|||
|
|
Electric - 4.4% - (continued)
|
||
|
$ 135,000
|
5.45%, 04/01/2034
|
$139,734
|
|
|
330,000
|
6.13%, 10/15/2033
|
356,245
|
|
|
|
Puget Energy, Inc.
|
|
|
|
885,000
|
4.22%, 03/15/2032
|
847,546
|
|
|
2,615,000
|
5.73%, 03/15/2035
|
2,698,477
|
|
|
860,000
|
San Diego Gas & Electric Co. 5.40%,
04/15/2035
|
888,136
|
|
|
|
Southern California Edison Co.
|
|
|
|
255,000
|
3.65%, 02/01/2050
|
178,216
|
|
|
102,000
|
3.90%, 03/15/2043
|
79,810
|
|
|
239,000
|
4.00%, 04/01/2047
|
180,809
|
|
|
916,000
|
4.13%, 03/01/2048
|
699,877
|
|
|
170,000
|
4.65%, 10/01/2043
|
144,792
|
|
|
470,000
|
5.20%, 06/01/2034
|
467,188
|
|
|
740,000
|
5.45%, 03/01/2035
|
748,928
|
|
|
70,000
|
5.45%, 06/01/2052
|
63,549
|
|
|
353,000
|
5.70%, 03/01/2053
|
331,477
|
|
|
719,000
|
5.88%, 12/01/2053
|
694,395
|
|
|
437,000
|
5.90%, 03/01/2055
|
424,088
|
|
|
995,000
|
5.95%, 11/01/2032
|
1,048,615
|
|
|
205,000
|
6.20%, 09/15/2055
|
206,664
|
|
|
390,000
|
Southern Power Co. 4.90%, 10/01/2035
|
384,618
|
|
|
840,000
|
Trans-Allegheny Interstate Line Co. 5.00%,
01/15/2031(1)
|
861,253
|
|
|
|
Virginia Electric & Power Co.
|
|
|
|
356,000
|
2.45%, 12/15/2050
|
207,252
|
|
|
65,000
|
4.20%, 05/15/2045
|
54,332
|
|
|
700,000
|
4.90%, 09/15/2035
|
696,338
|
|
|
820,000
|
5.00%, 04/01/2033
|
834,509
|
|
|
1,340,000
|
5.00%, 01/15/2034
|
1,355,066
|
|
|
250,000
|
5.05%, 08/15/2034
|
253,408
|
|
|
170,000
|
5.35%, 01/15/2054
|
163,364
|
|
|
385,000
|
5.65%, 03/15/2055
|
387,241
|
|
|
640,000
|
Wisconsin Power & Light Co. 5.38%,
03/30/2034
|
664,576
|
|
|
|
Xcel Energy, Inc.
|
|
|
|
720,000
|
4.60%, 06/01/2032
|
714,339
|
|
|
945,000
|
4.75%, 03/21/2028
|
956,655
|
|
|
350,000
|
5.60%, 04/15/2035
|
362,823
|
|
|
|
|
|
61,242,131
|
|
|
Energy-Alternate Sources - 0.0%
|
||
|
210,000
|
Pacific Gas & Electric Co. 6.70%,
04/01/2053
|
224,558
|
|
|
|
Engineering & Construction - 0.1%
|
||
|
765,000
|
IHS Holding Ltd. 6.25%, 11/29/2028(1)
|
766,059
|
|
|
1,237,884
|
International Airport Finance SA 12.00%,
03/15/2033(1)
|
1,319,028
|
|
|
|
|
|
2,085,087
|
|
|
Entertainment - 0.2%
|
||
|
|
WMG Acquisition Corp.
|
|
|
|
725,000
|
3.75%, 12/01/2029(1)
|
691,461
|
|
|
2,240,000
|
3.88%, 07/15/2030(1)
|
2,124,312
|
|
|
|
|
|
2,815,773
|
|
|
Environmental Control - 0.1%
|
||
|
1,311,000
|
Clean Harbors, Inc. 4.88%, 07/15/2027(1)
|
1,309,900
|
|
|
|
Food - 1.1%
|
||
|
|
JBS USA Holding Lux SARL/JBS USA Food
Co./JBS Lux Co. SARL
|
|
|
|
405,000
|
5.75%, 04/01/2033
|
422,954
|
|
|
820,000
|
6.75%, 03/15/2034
|
906,513
|
|
|
375,000
|
7.25%, 11/15/2053
|
430,019
|
|
|
|
34
|
|
|
Shares or Principal Amount
|
|
Market Value†
|
|
|
CORPORATE BONDS - 26.7% - (continued)
|
|||
|
|
Food - 1.1% - (continued)
|
||
|
|
JBS USA Holding Lux SARL/JBS USA
Foods Group Holdings, Inc./JBS USA
Food Co.
|
|
|
|
$ 1,305,000
|
5.50%, 01/15/2036(1)
|
$1,332,679
|
|
|
1,885,000
|
6.38%, 04/15/2066(1)
|
1,937,855
|
|
|
895,000
|
Kraft Heinz Foods Co. 5.20%, 03/15/2032
|
917,083
|
|
|
|
Mars, Inc.
|
|
|
|
585,000
|
4.60%, 03/01/2028(1)
|
592,154
|
|
|
2,340,000
|
5.00%, 03/01/2032(1)
|
2,393,978
|
|
|
1,050,000
|
5.20%, 03/01/2035(1)
|
1,073,243
|
|
|
2,845,000
|
5.65%, 05/01/2045(1)
|
2,886,042
|
|
|
325,000
|
5.80%, 05/01/2065(1)
|
331,393
|
|
|
745,000
|
Pilgrim's Pride Corp. 4.25%, 04/15/2031
|
720,074
|
|
|
1,585,000
|
Sysco Corp. 5.10%, 09/23/2030
|
1,634,135
|
|
|
|
|
|
15,578,122
|
|
|
Gas - 0.5%
|
||
|
456,000
|
Boston Gas Co. 3.76%, 03/16/2032(1)
|
429,514
|
|
|
196,000
|
KeySpan Gas East Corp. 5.99%,
03/06/2033(1)
|
207,556
|
|
|
1,435,000
|
MPLX LP 5.50%, 06/01/2034
|
1,462,396
|
|
|
|
NiSource, Inc.
|
|
|
|
1,280,000
|
5.35%, 07/15/2035(7)
|
1,306,914
|
|
|
485,000
|
5.40%, 06/30/2033
|
502,792
|
|
|
|
Southern California Gas Co.
|
|
|
|
365,000
|
5.60%, 04/01/2054
|
366,269
|
|
|
1,320,000
|
6.00%, 06/15/2055
|
1,382,126
|
|
|
1,115,000
|
Southern Co. Gas Capital Corp. 5.10%,
09/15/2035
|
1,117,915
|
|
|
|
|
|
6,775,482
|
|
|
Healthcare - Products - 0.5%
|
||
|
|
Alcon Finance Corp.
|
|
|
|
554,000
|
2.75%, 09/23/2026(1)
|
546,785
|
|
|
340,000
|
5.75%, 12/06/2052(1)
|
349,705
|
|
|
|
Avantor Funding, Inc.
|
|
|
|
950,000
|
3.88%, 11/01/2029(1)
|
903,417
|
|
|
2,130,000
|
4.63%, 07/15/2028(1)
|
2,095,190
|
|
|
980,000
|
GE HealthCare Technologies, Inc. 5.50%,
06/15/2035
|
1,015,854
|
|
|
1,187,000
|
Hologic, Inc. 4.63%, 02/01/2028(1)
|
1,178,155
|
|
|
464,000
|
Solventum Corp. 5.40%, 03/01/2029
|
478,844
|
|
|
1,150,000
|
Thermo Fisher Scientific, Inc. 4.47%,
10/07/2032
|
1,150,000
|
|
|
|
|
|
7,717,950
|
|
|
Healthcare - Services - 0.7%
|
||
|
|
Centene Corp.
|
|
|
|
1,465,000
|
2.50%, 03/01/2031
|
1,261,972
|
|
|
530,000
|
2.63%, 08/01/2031
|
455,283
|
|
|
2,410,000
|
Cigna Group 4.88%, 09/15/2032
|
2,434,300
|
|
|
|
Humana, Inc.
|
|
|
|
695,000
|
5.38%, 04/15/2031
|
714,884
|
|
|
1,090,000
|
5.55%, 05/01/2035
|
1,110,447
|
|
|
|
Icon Investments Six DAC
|
|
|
|
385,000
|
5.81%, 05/08/2027
|
392,803
|
|
|
210,000
|
6.00%, 05/08/2034
|
220,437
|
|
|
|
UnitedHealth Group, Inc.
|
|
|
|
1,150,000
|
2.75%, 05/15/2040
|
856,897
|
|
|
190,000
|
3.50%, 08/15/2039
|
158,480
|
|
|
240,000
|
4.95%, 05/15/2062
|
211,032
|
|
|
125,000
|
5.30%, 02/15/2030
|
130,125
|
|
|
365,000
|
5.30%, 06/15/2035
|
377,309
|
|
|
290,000
|
5.38%, 04/15/2054
|
278,508
|
|
|
490,000
|
5.75%, 07/15/2064
|
487,848
|
|
|
260,000
|
6.05%, 02/15/2063
|
271,580
|
|
|
|
|
|
9,361,905
|
|
Shares or Principal Amount
|
|
Market Value†
|
|
|
CORPORATE BONDS - 26.7% - (continued)
|
|||
|
|
Home Builders - 0.2%
|
||
|
|
Taylor Morrison Communities, Inc.
|
|
|
|
$ 1,446,000
|
5.13%, 08/01/2030(1)
|
$1,441,374
|
|
|
1,218,000
|
5.75%, 01/15/2028(1)
|
1,234,992
|
|
|
|
|
|
2,676,366
|
|
|
Insurance - 0.8%
|
||
|
2,310,000
|
Arthur J. Gallagher & Co. 5.15%,
02/15/2035
|
2,337,312
|
|
|
|
Athene Global Funding
|
|
|
|
1,410,000
|
2.65%, 10/04/2031(1)
|
1,255,778
|
|
|
390,000
|
2.72%, 01/07/2029(1)
|
368,925
|
|
|
730,000
|
4.72%, 10/08/2029(1)(7)
|
735,873
|
|
|
360,000
|
Corebridge Global Funding 4.90%,
08/21/2032(1)
|
361,603
|
|
|
1,025,000
|
Equitable America Global Funding 4.70%,
09/15/2032(1)
|
1,019,590
|
|
|
|
Equitable Financial Life Global Funding
|
|
|
|
745,000
|
1.80%, 03/08/2028(1)
|
703,358
|
|
|
650,000
|
5.00%, 03/27/2030(1)
|
666,010
|
|
|
1,975,000
|
GA Global Funding Trust 4.50%,
09/18/2030(1)
|
1,959,114
|
|
|
845,000
|
Lincoln Financial Global Funding 4.63%,
05/28/2028(1)
|
853,679
|
|
|
535,000
|
Marsh & McLennan Cos., Inc. 5.40%,
03/15/2055
|
524,525
|
|
|
|
|
|
10,785,767
|
|
|
Internet - 0.4%
|
||
|
2,540,000
|
Alphabet, Inc. 5.30%, 05/15/2065
|
2,527,382
|
|
|
1,193,000
|
Gen Digital, Inc. 6.75%, 09/30/2027(1)
|
1,211,284
|
|
|
|
Meta Platforms, Inc.
|
|
|
|
620,000
|
5.40%, 08/15/2054
|
612,549
|
|
|
1,335,000
|
5.55%, 08/15/2064
|
1,325,191
|
|
|
|
|
|
5,676,406
|
|
|
Investment Company Security - 0.5%
|
||
|
|
Ares Strategic Income Fund
|
|
|
|
1,245,000
|
5.15%, 01/15/2031(1)(7)
|
1,230,175
|
|
|
1,900,000
|
5.80%, 09/09/2030(1)
|
1,930,804
|
|
|
1,460,000
|
HPS Corporate Lending Fund 5.85%,
06/05/2030(1)
|
1,485,970
|
|
|
1,720,000
|
Sixth Street Lending Partners 6.13%,
07/15/2030(1)
|
1,778,264
|
|
|
|
|
|
6,425,213
|
|
|
IT Services - 0.4%
|
||
|
|
Hewlett Packard Enterprise Co.
|
|
|
|
320,000
|
5.00%, 10/15/2034
|
317,512
|
|
|
1,300,000
|
5.60%, 10/15/2054
|
1,243,273
|
|
|
2,305,000
|
Insight Enterprises, Inc. 6.63%,
05/15/2032(1)
|
2,363,316
|
|
|
1,075,000
|
International Business Machines Corp.
4.80%, 02/10/2030
|
1,100,080
|
|
|
|
|
|
5,024,181
|
|
|
Lodging - 0.1%
|
||
|
|
Las Vegas Sands Corp.
|
|
|
|
575,000
|
5.63%, 06/15/2028
|
587,852
|
|
|
935,000
|
6.00%, 06/14/2030
|
973,655
|
|
|
|
|
|
1,561,507
|
|
|
Machinery-Diversified - 0.1%
|
||
|
860,000
|
Regal Rexnord Corp. 6.05%, 04/15/2028
|
889,611
|
|
|
875,000
|
Westinghouse Air Brake Technologies Corp.
4.90%, 05/29/2030
|
894,218
|
|
|
|
|
|
1,783,829
|
|
|
35
|
|
|
Shares or Principal Amount
|
|
Market Value†
|
|
|
CORPORATE BONDS - 26.7% - (continued)
|
|||
|
|
Media - 0.7%
|
||
|
|
Charter Communications
Operating LLC/Charter Communications
Operating Capital
|
|
|
|
$ 515,000
|
2.25%, 01/15/2029
|
$478,971
|
|
|
525,000
|
2.80%, 04/01/2031
|
473,682
|
|
|
665,000
|
3.70%, 04/01/2051
|
438,707
|
|
|
695,000
|
5.25%, 04/01/2053
|
580,741
|
|
|
600,000
|
5.85%, 12/01/2035
|
605,731
|
|
|
1,400,000
|
6.38%, 10/23/2035
|
1,466,681
|
|
|
520,000
|
6.48%, 10/23/2045
|
513,712
|
|
|
|
Comcast Corp.
|
|
|
|
1,025,000
|
2.89%, 11/01/2051
|
631,370
|
|
|
854,000
|
2.94%, 11/01/2056
|
506,772
|
|
|
|
Cox Communications, Inc.
|
|
|
|
495,000
|
2.60%, 06/15/2031(1)
|
441,126
|
|
|
320,000
|
5.45%, 09/01/2034(1)
|
318,842
|
|
|
930,000
|
5.95%, 09/01/2054(1)
|
864,203
|
|
|
|
Paramount Global
|
|
|
|
580,000
|
5.25%, 04/01/2044
|
476,618
|
|
|
260,000
|
5.85%, 09/01/2043
|
237,470
|
|
|
880,000
|
Time Warner Cable Enterprises LLC 8.38%,
07/15/2033
|
1,032,407
|
|
|
780,000
|
Time Warner Cable LLC 6.55%, 05/01/2037
|
811,404
|
|
|
|
|
|
9,878,437
|
|
|
Mining - 0.4%
|
||
|
1,160,000
|
Anglo American Capital PLC 4.50%,
03/15/2028(1)
|
1,166,509
|
|
|
|
Glencore Funding LLC
|
|
|
|
1,155,000
|
5.37%, 04/04/2029(1)
|
1,190,108
|
|
|
360,000
|
5.63%, 04/04/2034(1)
|
374,671
|
|
|
830,000
|
6.38%, 10/06/2030(1)
|
895,876
|
|
|
375,000
|
6.50%, 10/06/2033(1)
|
413,248
|
|
|
935,000
|
Rio Tinto Alcan, Inc. 6.13%, 12/15/2033
|
1,026,412
|
|
|
|
Rio Tinto Finance USA PLC
|
|
|
|
265,000
|
5.00%, 03/14/2032
|
272,413
|
|
|
500,000
|
5.88%, 03/14/2065
|
520,877
|
|
|
|
|
|
5,860,114
|
|
|
Miscellaneous Manufacturing - 0.1%
|
||
|
1,360,000
|
Siemens Funding BV 4.60%, 05/28/2030(1)
|
1,384,470
|
|
|
|
Oil & Gas - 1.9%
|
||
|
|
Aker BP ASA
|
|
|
|
1,020,000
|
4.00%, 01/15/2031(1)
|
983,004
|
|
|
1,400,000
|
5.80%, 10/01/2054(1)
|
1,297,955
|
|
|
560,000
|
6.00%, 06/13/2033(1)
|
587,600
|
|
|
|
APA Corp.
|
|
|
|
675,000
|
6.10%, 02/15/2035
|
689,849
|
|
|
1,025,000
|
6.75%, 02/15/2055
|
1,033,247
|
|
|
930,000
|
Azule Energy Finance PLC 8.13%,
01/23/2030(1)
|
937,801
|
|
|
|
ConocoPhillips Co.
|
|
|
|
725,000
|
3.80%, 03/15/2052
|
544,728
|
|
|
265,000
|
4.03%, 03/15/2062
|
197,829
|
|
|
280,000
|
5.30%, 05/15/2053
|
266,914
|
|
|
680,000
|
5.65%, 01/15/2065
|
667,010
|
|
|
690,000
|
5.70%, 09/15/2063
|
684,159
|
|
|
|
Coterra Energy, Inc.
|
|
|
|
720,000
|
5.40%, 02/15/2035
|
725,747
|
|
|
975,000
|
5.60%, 03/15/2034
|
1,002,272
|
|
|
|
Diamondback Energy, Inc.
|
|
|
|
550,000
|
5.55%, 04/01/2035
|
564,628
|
|
|
285,000
|
5.90%, 04/18/2064
|
274,365
|
|
|
300,000
|
6.25%, 03/15/2053
|
307,236
|
|
|
|
Ecopetrol SA
|
|
|
|
1,345,000
|
7.75%, 02/01/2032
|
1,391,823
|
|
|
1,260,000
|
8.38%, 01/19/2036
|
1,301,307
|
|
|
Shares or Principal Amount
|
|
Market Value†
|
|
|
CORPORATE BONDS - 26.7% - (continued)
|
|||
|
|
Oil & Gas - 1.9% - (continued)
|
||
|
|
Energean Israel Finance Ltd.
|
|
|
|
$ 1,790,000
|
5.88%, 03/30/2031(9)
|
$1,712,913
|
|
|
550,000
|
8.50%, 09/30/2033(9)
|
580,587
|
|
|
965,000
|
Eni SpA 5.50%, 05/15/2034(1)
|
992,716
|
|
|
|
EOG Resources, Inc.
|
|
|
|
535,000
|
5.00%, 07/15/2032
|
547,409
|
|
|
800,000
|
5.35%, 01/15/2036
|
821,405
|
|
|
250,000
|
5.65%, 12/01/2054
|
250,278
|
|
|
850,000
|
EQT Corp. 4.50%, 01/15/2029
|
850,122
|
|
|
1,697,000
|
Hess Corp. 7.13%, 03/15/2033
|
1,969,335
|
|
|
690,000
|
Leviathan Bond Ltd. 6.50%, 06/30/2027(9)
|
691,552
|
|
|
|
TotalEnergies Capital SA
|
|
|
|
525,000
|
5.43%, 09/10/2064
|
505,502
|
|
|
855,000
|
5.64%, 04/05/2064
|
851,840
|
|
|
|
Var Energi ASA
|
|
|
|
1,240,000
|
5.88%, 05/22/2030(1)
|
1,289,347
|
|
|
1,030,000
|
6.50%, 05/22/2035(1)
|
1,095,206
|
|
|
1,745,000
|
Viper Energy Partners LLC 5.70%,
08/01/2035
|
1,774,176
|
|
|
|
|
|
27,389,862
|
|
|
Packaging & Containers - 0.3%
|
||
|
3,460,000
|
Ball Corp. 6.00%, 06/15/2029
|
3,541,812
|
|
|
|
Pharmaceuticals - 0.6%
|
||
|
|
Cardinal Health, Inc.
|
|
|
|
1,965,000
|
4.50%, 09/15/2030
|
1,970,990
|
|
|
1,645,000
|
5.00%, 11/15/2029
|
1,686,770
|
|
|
1,065,000
|
Cencora, Inc. 4.85%, 12/15/2029
|
1,086,663
|
|
|
|
CVS Health Corp.
|
|
|
|
300,000
|
1.75%, 08/21/2030
|
263,328
|
|
|
323,000
|
1.88%, 02/28/2031
|
280,725
|
|
|
522,000
|
2.13%, 09/15/2031
|
453,102
|
|
|
745,000
|
5.45%, 09/15/2035
|
758,114
|
|
|
705,000
|
6.75%, 12/10/2054, (6.75% fixed rate
until 09/10/2034; 5 yr. USD CMT +
2.52% thereafter)(8)
|
727,726
|
|
|
965,000
|
Viatris, Inc. 3.85%, 06/22/2040
|
735,893
|
|
|
|
|
|
7,963,311
|
|
|
Pipelines - 1.6%
|
||
|
1,425,000
|
Cheniere Energy Partners LP 5.55%,
10/30/2035(1)
|
1,455,798
|
|
|
|
Columbia Pipelines Holding Co. LLC
|
|
|
|
488,000
|
5.10%, 10/01/2031(1)
|
495,531
|
|
|
565,000
|
5.68%, 01/15/2034(1)
|
582,056
|
|
|
62,000
|
Columbia Pipelines Operating Co. LLC
6.04%, 11/15/2033(1)
|
66,156
|
|
|
810,000
|
DT Midstream, Inc. 5.80%, 12/15/2034(1)
|
835,102
|
|
|
|
Enbridge, Inc.
|
|
|
|
335,000
|
5.55%, 06/20/2035
|
345,473
|
|
|
85,000
|
5.63%, 04/05/2034
|
88,723
|
|
|
558,000
|
7.20%, 06/27/2054, (7.20% fixed rate
until 03/27/2034; 5 yr. USD CMT +
2.97% thereafter)(8)
|
591,719
|
|
|
|
Energy Transfer LP
|
|
|
|
1,265,000
|
5.70%, 04/01/2035
|
1,306,213
|
|
|
720,000
|
6.40%, 12/01/2030
|
780,348
|
|
|
|
Enterprise Products Operating LLC
|
|
|
|
230,000
|
3.30%, 02/15/2053
|
156,572
|
|
|
875,000
|
4.60%, 01/15/2031
|
884,076
|
|
|
180,000
|
5.20%, 01/15/2036
|
182,950
|
|
|
575,000
|
5.55%, 02/16/2055
|
568,323
|
|
|
966,014
|
Galaxy Pipeline Assets Bidco Ltd. 2.94%,
09/30/2040(1)
|
820,307
|
|
|
|
Hess Midstream Operations LP
|
|
|
|
1,899,000
|
4.25%, 02/15/2030(1)
|
1,840,582
|
|
|
655,000
|
6.50%, 06/01/2029(1)
|
675,524
|
|
|
|
36
|
|
|
Shares or Principal Amount
|
|
Market Value†
|
|
|
CORPORATE BONDS - 26.7% - (continued)
|
|||
|
|
Pipelines - 1.6% - (continued)
|
||
|
|
MPLX LP
|
|
|
|
$ 985,000
|
4.80%, 02/15/2031
|
$990,945
|
|
|
1,410,000
|
5.00%, 01/15/2033
|
1,406,564
|
|
|
525,000
|
5.40%, 09/15/2035
|
526,140
|
|
|
|
ONEOK, Inc.
|
|
|
|
210,000
|
3.10%, 03/15/2030
|
198,304
|
|
|
310,000
|
4.75%, 10/15/2031
|
310,099
|
|
|
1,290,000
|
5.05%, 11/01/2034
|
1,272,172
|
|
|
1,095,000
|
5.40%, 10/15/2035
|
1,099,117
|
|
|
430,000
|
6.05%, 09/01/2033
|
455,967
|
|
|
240,000
|
6.10%, 11/15/2032
|
257,175
|
|
|
110,000
|
6.63%, 09/01/2053
|
117,017
|
|
|
60,000
|
7.15%, 01/15/2051
|
67,226
|
|
|
|
Targa Resources Corp.
|
|
|
|
350,000
|
4.90%, 09/15/2030
|
355,505
|
|
|
1,330,000
|
5.55%, 08/15/2035
|
1,356,493
|
|
|
600,000
|
5.65%, 02/15/2036
|
614,348
|
|
|
145,000
|
6.50%, 03/30/2034
|
157,887
|
|
|
695,000
|
Targa Resources Partners LP/Targa
Resources Partners Finance Corp.
4.00%, 01/15/2032
|
659,099
|
|
|
|
Whistler Pipeline LLC
|
|
|
|
50,000
|
5.40%, 09/30/2029(1)
|
51,422
|
|
|
506,000
|
5.70%, 09/30/2031(1)
|
526,031
|
|
|
421,000
|
5.95%, 09/30/2034(1)
|
433,923
|
|
|
|
|
|
22,530,887
|
|
|
Real Estate Investment Trusts - 0.5%
|
||
|
1,135,000
|
American Tower Corp. 2.70%, 04/15/2031
|
1,035,506
|
|
|
985,000
|
Cousins Properties LP 5.38%, 02/15/2032
|
1,009,893
|
|
|
|
Crown Castle, Inc.
|
|
|
|
195,000
|
2.10%, 04/01/2031
|
170,726
|
|
|
1,595,000
|
2.25%, 01/15/2031
|
1,419,525
|
|
|
1,035,000
|
3.10%, 11/15/2029
|
984,554
|
|
|
1,685,000
|
Iron Mountain, Inc. 6.25%, 01/15/2033(1)
|
1,718,725
|
|
|
|
|
|
6,338,929
|
|
|
Retail - 0.3%
|
||
|
|
AutoZone, Inc.
|
|
|
|
235,000
|
4.75%, 02/01/2033
|
235,359
|
|
|
155,000
|
5.40%, 07/15/2034
|
160,753
|
|
|
360,000
|
6.55%, 11/01/2033
|
401,880
|
|
|
|
FirstCash, Inc.
|
|
|
|
3,352,000
|
4.63%, 09/01/2028(1)
|
3,286,482
|
|
|
440,000
|
5.63%, 01/01/2030(1)
|
439,362
|
|
|
|
|
|
4,523,836
|
|
|
Semiconductors - 1.2%
|
||
|
1,120,000
|
Applied Materials, Inc. 4.60%, 01/15/2036
|
1,108,405
|
|
|
|
Broadcom, Inc.
|
|
|
|
840,000
|
4.15%, 02/15/2028
|
842,191
|
|
|
1,015,000
|
4.20%, 10/15/2030(7)
|
1,013,269
|
|
|
395,000
|
5.05%, 07/12/2029
|
406,884
|
|
|
1,570,000
|
5.20%, 07/15/2035
|
1,618,044
|
|
|
|
Foundry JV Holdco LLC
|
|
|
|
595,000
|
5.50%, 01/25/2031(1)
|
617,414
|
|
|
690,000
|
5.90%, 01/25/2033(1)
|
727,595
|
|
|
410,000
|
6.10%, 01/25/2036(1)
|
435,585
|
|
|
1,805,000
|
6.15%, 01/25/2032(1)
|
1,929,246
|
|
|
|
Intel Corp.
|
|
|
|
350,000
|
3.10%, 02/15/2060(7)
|
207,405
|
|
|
899,000
|
3.25%, 11/15/2049
|
597,375
|
|
|
1,845,000
|
3.73%, 12/08/2047
|
1,362,744
|
|
|
470,000
|
4.10%, 05/11/2047
|
366,996
|
|
|
340,000
|
4.15%, 08/05/2032
|
327,971
|
|
|
170,000
|
4.75%, 03/25/2050
|
144,010
|
|
|
650,000
|
5.20%, 02/10/2033(7)
|
664,537
|
|
|
Shares or Principal Amount
|
|
Market Value†
|
|
|
CORPORATE BONDS - 26.7% - (continued)
|
|||
|
|
Semiconductors - 1.2% - (continued)
|
||
|
|
Marvell Technology, Inc.
|
|
|
|
$ 595,000
|
2.45%, 04/15/2028
|
$569,941
|
|
|
720,000
|
2.95%, 04/15/2031
|
664,953
|
|
|
1,050,000
|
Micron Technology, Inc. 5.65%, 11/01/2032
|
1,101,902
|
|
|
1,250,000
|
Qorvo, Inc. 3.38%, 04/01/2031(1)
|
1,148,478
|
|
|
995,000
|
QUALCOMM, Inc. 4.75%, 05/20/2032
|
1,013,436
|
|
|
|
|
|
16,868,381
|
|
|
Software - 0.8%
|
||
|
965,000
|
Fair Isaac Corp. 4.00%, 06/15/2028(1)
|
938,505
|
|
|
|
Open Text Corp.
|
|
|
|
2,960,000
|
3.88%, 12/01/2029(1)
|
2,797,942
|
|
|
830,000
|
6.90%, 12/01/2027(1)
|
863,546
|
|
|
|
Oracle Corp.
|
|
|
|
725,000
|
2.88%, 03/25/2031
|
665,721
|
|
|
580,000
|
2.95%, 04/01/2030
|
546,496
|
|
|
735,000
|
3.85%, 04/01/2060
|
505,437
|
|
|
335,000
|
3.95%, 03/25/2051
|
249,075
|
|
|
285,000
|
4.10%, 03/25/2061
|
205,202
|
|
|
910,000
|
4.70%, 09/27/2034
|
888,689
|
|
|
3,170,000
|
4.80%, 09/26/2032
|
3,173,812
|
|
|
245,000
|
5.25%, 02/03/2032
|
252,582
|
|
|
480,000
|
5.50%, 09/27/2064
|
439,601
|
|
|
|
|
|
11,526,608
|
|
|
Telecommunications - 0.6%
|
||
|
|
NTT Finance Corp.
|
|
|
|
1,060,000
|
4.88%, 07/16/2030(1)
|
1,077,037
|
|
|
3,845,000
|
5.17%, 07/16/2032(1)
|
3,937,924
|
|
|
|
T-Mobile USA, Inc.
|
|
|
|
1,235,000
|
2.55%, 02/15/2031
|
1,122,147
|
|
|
750,000
|
3.50%, 04/15/2031
|
713,427
|
|
|
380,000
|
3.88%, 04/15/2030
|
372,624
|
|
|
355,000
|
4.70%, 01/15/2035
|
348,646
|
|
|
210,000
|
5.05%, 07/15/2033
|
214,507
|
|
|
425,000
|
5.13%, 05/15/2032
|
437,392
|
|
|
275,000
|
5.75%, 01/15/2034
|
291,395
|
|
|
|
|
|
8,515,099
|
|
|
Total Corporate Bonds
(cost $372,852,676)
|
$375,908,400
|
|
|
FOREIGN GOVERNMENT OBLIGATIONS - 2.2%
|
|||
|
|
Bermuda - 0.1%
|
||
|
|
Bermuda Government International Bonds
|
|
|
|
735,000
|
2.38%, 08/20/2030(1)
|
$669,585
|
|
|
695,000
|
5.00%, 07/15/2032(1)
|
711,458
|
|
|
|
|
|
1,381,043
|
|
|
Bulgaria - 0.2%
|
||
|
|
Bulgaria Government International Bonds
|
|
|
|
EUR
845,000
|
1.38%, 09/23/2050(9)
|
566,396
|
|
|
1,195,000
|
4.88%, 05/13/2036(9)
|
1,545,042
|
|
|
|
|
|
2,111,438
|
|
|
Chile - 0.1%
|
||
|
1,115,000
|
Chile Government International Bonds
1.25%, 01/22/2051
|
718,395
|
|
|
|
Hungary - 0.1%
|
||
|
|
Hungary Government International Bonds
|
|
|
|
1,355,000
|
1.63%, 04/28/2032(9)
|
1,407,846
|
|
|
$ 495,000
|
5.38%, 09/26/2030(1)
|
509,215
|
|
|
|
|
|
1,917,061
|
|
|
Indonesia - 0.1%
|
||
|
EUR
1,495,000
|
Indonesia Government International Bonds
1.10%, 03/12/2033
|
1,461,724
|
|
|
|
37
|
|
|
Shares or Principal Amount
|
|
Market Value†
|
|
|
FOREIGN GOVERNMENT OBLIGATIONS - 2.2% - (continued)
|
|||
|
|
Israel - 0.1%
|
||
|
|
Israel Government International Bonds
|
|
|
|
$ 920,000
|
2.75%, 07/03/2030
|
$847,722
|
|
|
1,090,000
|
5.38%, 02/19/2030
|
1,124,301
|
|
|
|
|
|
1,972,023
|
|
|
Ivory Coast - 0.1%
|
||
|
EUR
1,405,000
|
Ivory Coast Government International
Bonds 4.88%, 01/30/2032(9)
|
1,571,360
|
|
|
|
Mexico - 0.6%
|
||
|
|
Mexico Government International Bonds
|
|
|
|
$ 765,000
|
3.50%, 02/12/2034
|
664,402
|
|
|
1,970,000
|
5.38%, 03/22/2033
|
1,964,090
|
|
|
380,000
|
6.00%, 05/07/2036
|
388,303
|
|
|
225,000
|
6.35%, 02/09/2035
|
237,605
|
|
|
1,615,000
|
6.63%, 01/29/2038
|
1,697,381
|
|
|
2,050,000
|
6.88%, 05/13/2037
|
2,210,925
|
|
|
1,375,000
|
7.38%, 05/13/2055
|
1,509,076
|
|
|
|
|
|
8,671,782
|
|
|
North Macedonia - 0.2%
|
||
|
EUR
2,165,000
|
North Macedonia Government International
Bonds 3.68%, 06/03/2026(1)
|
2,542,868
|
|
|
|
Peru - 0.1%
|
||
|
$ 880,000
|
Peru Government International Bonds
5.88%, 08/08/2054
|
882,640
|
|
|
|
Philippines - 0.1%
|
||
|
|
Philippines Government International Bonds
|
|
|
|
EUR
735,000
|
1.20%, 04/28/2033
|
728,353
|
|
|
710,000
|
1.75%, 04/28/2041
|
610,337
|
|
|
|
|
|
1,338,690
|
|
|
Romania - 0.4%
|
||
|
|
Romania Government International Bonds
|
|
|
|
1,010,000
|
2.63%, 12/02/2040(1)
|
758,692
|
|
|
4,405,000
|
2.75%, 04/14/2041(9)
|
3,332,009
|
|
|
$ 1,288,000
|
5.75%, 03/24/2035(1)
|
1,240,248
|
|
|
306,000
|
7.50%, 02/10/2037(1)
|
328,411
|
|
|
|
|
|
5,659,360
|
|
|
Total Foreign Government
Obligations
(cost $31,426,012)
|
|
$30,228,384
|
|
MUNICIPAL BONDS - 1.0%
|
|||
|
|
Development - 0.2%
|
||
|
3,315,000
|
New York Transportation Dev Corp., NY,
Rev 4.25%, 09/01/2035
|
$3,258,030
|
|
|
|
General - 0.4%
|
||
|
5,445,000
|
Philadelphia Auth for Industrial Dev, PA,
Rev, (NPFG) 6.55%, 10/15/2028
|
5,782,064
|
|
|
|
School District - 0.2%
|
||
|
|
Chicago Board of Education, IL, GO
|
|
|
|
1,115,000
|
6.14%, 12/01/2039
|
1,059,988
|
|
|
1,540,000
|
6.32%, 11/01/2029
|
1,525,886
|
|
|
|
|
|
2,585,874
|
|
|
Transportation - 0.2%
|
||
|
1,775,000
|
Metropolitan Transportation Auth, NY, Rev
6.81%, 11/15/2040
|
1,969,491
|
|
|
|
Total Municipal Bonds
(cost $14,409,639)
|
|
$13,595,459
|
|
Shares or Principal Amount
|
|
Market Value†
|
|
|
SENIOR FLOATING RATE INTERESTS - 0.0%(10)
|
|||
|
|
Oil & Gas Services - 0.0%
|
||
|
$ 788,204
|
PES Holdings LLC 3.00%, 12/31/2025, U.S.
(Fed) Prime Rate + 3.00%(11)(12)
|
$3,941
|
|
|
|
Total Senior Floating Rate Interests
(cost $788,204)
|
$3,941
|
|
|
U.S. GOVERNMENT AGENCIES - 48.0%
|
|||
|
|
Mortgage-Backed Agencies - 48.0%
|
||
|
|
Federal Home Loan Mortgage Corp. - 8.3%
|
||
|
32,073
|
0.00%, 11/15/2036(13)(14)
|
$27,064
|
|
|
5,629,940
|
0.57%, 12/25/2033(3)(4)
|
158,049
|
|
|
4,226,960
|
0.72%, 10/25/2026(3)(4)
|
20,448
|
|
|
18,359,065
|
0.72%, 03/25/2027(3)(4)
|
125,828
|
|
|
17,137,462
|
0.81%, 12/25/2030(3)(4)
|
535,023
|
|
|
9,607,186
|
0.87%, 06/25/2027(3)(4)
|
91,748
|
|
|
4,174,489
|
0.96%, 11/25/2030(3)(4)
|
153,580
|
|
|
1,617,578
|
1.00%, 02/25/2051
|
1,414,618
|
|
|
7,614,358
|
1.11%, 10/25/2030(3)(4)
|
311,954
|
|
|
12,730,163
|
1.21%, 06/25/2030(3)(4)
|
563,429
|
|
|
3,991,847
|
1.39%, 05/25/2055, 30 day USD SOFR
Average + 5.75%(2)(3)
|
288,045
|
|
|
7,485,089
|
1.50%, 05/15/2037(3)
|
388,741
|
|
|
766,078
|
1.50%, 11/01/2051
|
588,613
|
|
|
6,161,317
|
1.67%, 05/25/2030(3)(4)
|
373,860
|
|
|
532,252
|
1.75%, 10/15/2042
|
466,379
|
|
|
481,847
|
2.00%, 06/01/2036
|
445,855
|
|
|
257,656
|
2.00%, 12/01/2040
|
221,622
|
|
|
1,650,043
|
2.00%, 05/01/2041
|
1,429,036
|
|
|
1,828,508
|
2.00%, 12/01/2041
|
1,581,457
|
|
|
1,513,771
|
2.00%, 10/01/2050
|
1,232,191
|
|
|
1,427,177
|
2.00%, 02/01/2051
|
1,166,357
|
|
|
5,637,628
|
2.00%, 03/01/2051
|
4,589,960
|
|
|
2,561,907
|
2.00%, 04/01/2051
|
2,081,064
|
|
|
1,408,035
|
2.00%, 05/01/2051
|
1,155,027
|
|
|
608,450
|
2.00%, 08/01/2051
|
494,751
|
|
|
617,813
|
2.00%, 11/01/2051
|
504,500
|
|
|
2,313,304
|
2.00%, 04/01/2052
|
1,892,886
|
|
|
3,326,126
|
2.00%, 06/15/2052(3)
|
438,852
|
|
|
82,368
|
2.50%, 05/15/2028(3)
|
1,997
|
|
|
850,524
|
2.50%, 05/01/2050
|
730,232
|
|
|
963,392
|
2.50%, 06/01/2050
|
823,360
|
|
|
2,388,823
|
2.50%, 07/01/2050
|
2,039,516
|
|
|
1,677,400
|
2.50%, 11/01/2050
|
1,427,840
|
|
|
513,378
|
2.50%, 02/01/2051
|
441,885
|
|
|
1,776,885
|
2.50%, 03/01/2051
|
1,503,511
|
|
|
2,224,134
|
2.50%, 03/25/2051(3)
|
332,603
|
|
|
653,447
|
2.50%, 05/01/2051
|
556,070
|
|
|
783,917
|
2.50%, 07/01/2051
|
667,234
|
|
|
985,819
|
2.50%, 10/01/2051
|
837,837
|
|
|
2,536,106
|
2.50%, 03/15/2052(3)
|
390,250
|
|
|
1,549,678
|
2.50%, 03/25/2052
|
1,395,221
|
|
|
2,434,666
|
2.50%, 04/01/2052
|
2,065,315
|
|
|
2,870,053
|
2.50%, 08/25/2052(3)
|
448,173
|
|
|
166,783
|
3.00%, 03/15/2028(3)
|
3,998
|
|
|
328,110
|
3.00%, 08/01/2029
|
323,107
|
|
|
939
|
3.00%, 05/15/2032(3)
|
0
(15)
|
|
|
1,381,409
|
3.00%, 10/01/2032
|
1,345,344
|
|
|
218,815
|
3.00%, 03/15/2033(3)
|
15,111
|
|
|
894,495
|
3.00%, 04/01/2033
|
871,917
|
|
|
1,506,471
|
3.00%, 11/01/2036
|
1,429,298
|
|
|
884,485
|
3.00%, 01/01/2037
|
838,783
|
|
|
2,025,000
|
3.00%, 03/25/2040
|
1,828,907
|
|
|
3,085,019
|
3.00%, 11/01/2046
|
2,792,330
|
|
|
379,662
|
3.00%, 12/01/2046
|
344,008
|
|
|
2,414,208
|
3.00%, 09/25/2051(3)
|
391,195
|
|
|
1,799,523
|
3.00%, 10/01/2051
|
1,605,413
|
|
|
688,985
|
3.00%, 01/01/2052
|
614,563
|
|
|
|
38
|
|
|
Shares or Principal Amount
|
|
Market Value†
|
|
|
U.S. GOVERNMENT AGENCIES - 48.0% - (continued)
|
|||
|
|
Mortgage-Backed Agencies - 48.0% - (continued)
|
||
|
|
Federal Home Loan Mortgage Corp. - 8.3% - (continued)
|
||
|
$ 909,247
|
3.00%, 05/01/2052
|
$808,629
|
|
|
300,482
|
3.25%, 11/15/2041
|
282,671
|
|
|
16,273
|
3.50%, 09/15/2026(3)
|
188
|
|
|
855
|
3.50%, 03/15/2027(3)
|
0
(15)
|
|
|
488,944
|
3.50%, 05/15/2034(3)
|
32,839
|
|
|
987,290
|
3.50%, 08/01/2034
|
962,538
|
|
|
126,960
|
3.50%, 03/15/2041(3)
|
1,767
|
|
|
454,459
|
3.50%, 10/15/2045
|
430,784
|
|
|
210,570
|
3.50%, 06/01/2046
|
197,939
|
|
|
943,612
|
3.50%, 12/15/2046
|
882,827
|
|
|
912,857
|
3.50%, 03/01/2048
|
853,285
|
|
|
184,012
|
3.50%, 08/01/2048
|
173,204
|
|
|
1,714,556
|
3.50%, 04/25/2051(3)
|
348,968
|
|
|
1,905
|
4.00%, 12/15/2026(3)
|
20
|
|
|
15,477
|
4.00%, 07/15/2027(3)
|
226
|
|
|
16,039
|
4.00%, 03/15/2028(3)
|
122
|
|
|
14,880
|
4.00%, 06/15/2028(3)
|
144
|
|
|
162,903
|
4.00%, 07/15/2030(3)
|
8,627
|
|
|
1,016,818
|
4.00%, 05/25/2040(3)
|
153,115
|
|
|
1,088,492
|
4.00%, 09/15/2041
|
1,057,292
|
|
|
932,017
|
4.00%, 05/01/2042
|
909,485
|
|
|
301,292
|
4.00%, 08/01/2042
|
293,383
|
|
|
376,922
|
4.00%, 09/01/2042
|
367,028
|
|
|
18,559
|
4.00%, 07/01/2044
|
18,312
|
|
|
1,884,052
|
4.00%, 03/25/2045(3)
|
310,814
|
|
|
84,015
|
4.00%, 06/01/2045
|
80,916
|
|
|
262,289
|
4.00%, 02/01/2046
|
252,696
|
|
|
116,572
|
4.00%, 04/01/2047
|
113,013
|
|
|
95,083
|
4.00%, 09/01/2048
|
91,476
|
|
|
425,537
|
4.00%, 05/01/2049
|
409,822
|
|
|
1,641,505
|
4.00%, 07/01/2049
|
1,583,088
|
|
|
185,684
|
4.50%, 09/01/2044
|
182,455
|
|
|
1,918,945
|
4.50%, 05/25/2050(3)
|
380,085
|
|
|
754,070
|
4.75%, 07/15/2039
|
763,229
|
|
|
306,284
|
5.00%, 09/15/2033(3)
|
39,574
|
|
|
3,402
|
5.00%, 03/01/2039
|
3,491
|
|
|
95,713
|
5.00%, 08/01/2039
|
98,146
|
|
|
2,540
|
5.00%, 09/01/2039
|
2,588
|
|
|
5,336
|
5.00%, 12/01/2039
|
5,437
|
|
|
760,360
|
5.00%, 07/01/2040
|
768,533
|
|
|
4,994
|
5.00%, 04/01/2041
|
5,121
|
|
|
10,430
|
5.00%, 04/01/2044
|
10,705
|
|
|
9,597
|
5.00%, 05/01/2044
|
9,627
|
|
|
406,695
|
5.00%, 02/15/2048(3)
|
79,826
|
|
|
483,978
|
5.00%, 08/01/2052
|
483,113
|
|
|
817,151
|
5.00%, 10/25/2052
|
818,183
|
|
|
1,288,212
|
5.00%, 04/01/2053
|
1,288,279
|
|
|
1,331,754
|
5.00%, 11/01/2054
|
1,332,586
|
|
|
5,118
|
5.50%, 03/01/2028
|
5,168
|
|
|
22,096
|
5.50%, 04/01/2033
|
22,387
|
|
|
241,471
|
5.50%, 05/01/2034
|
247,890
|
|
|
4,703
|
5.50%, 05/01/2037
|
4,900
|
|
|
13,636
|
5.50%, 11/01/2037
|
14,205
|
|
|
2,362,584
|
5.50%, 12/01/2037
|
2,416,812
|
|
|
25,650
|
5.50%, 02/01/2038
|
26,626
|
|
|
10,988
|
5.50%, 04/01/2038
|
11,402
|
|
|
14,188
|
5.50%, 06/01/2038
|
14,711
|
|
|
1,431,549
|
5.50%, 08/01/2038
|
1,491,295
|
|
|
148,086
|
5.50%, 09/01/2038
|
153,603
|
|
|
2,879
|
5.50%, 12/01/2039
|
2,986
|
|
|
38,588
|
5.50%, 02/01/2040
|
40,042
|
|
|
126,665
|
5.50%, 05/01/2040
|
131,488
|
|
|
124,382
|
5.50%, 08/01/2040
|
129,067
|
|
|
628,922
|
5.50%, 06/01/2041
|
652,094
|
|
|
521,112
|
5.50%, 10/15/2046(3)
|
99,966
|
|
|
1,973,815
|
5.50%, 02/01/2053
|
2,001,891
|
|
|
Shares or Principal Amount
|
|
Market Value†
|
|
|
U.S. GOVERNMENT AGENCIES - 48.0% - (continued)
|
|||
|
|
Mortgage-Backed Agencies - 48.0% - (continued)
|
||
|
|
Federal Home Loan Mortgage Corp. - 8.3% - (continued)
|
||
|
$ 33,814
|
5.50%, 05/01/2055
|
$34,112
|
|
|
8,982,588
|
5.50%, 09/01/2055
|
9,059,990
|
|
|
478
|
6.00%, 07/01/2029
|
489
|
|
|
56,204
|
6.00%, 10/01/2032
|
58,121
|
|
|
3,700
|
6.00%, 11/01/2032
|
3,782
|
|
|
67,184
|
6.00%, 12/01/2032
|
69,327
|
|
|
5,967
|
6.00%, 11/01/2033
|
6,200
|
|
|
12,828
|
6.00%, 01/01/2034
|
13,329
|
|
|
6,085
|
6.00%, 02/01/2034
|
6,319
|
|
|
59,288
|
6.00%, 08/01/2034
|
62,347
|
|
|
65,504
|
6.00%, 09/01/2034
|
68,174
|
|
|
81,100
|
6.00%, 01/01/2035
|
84,477
|
|
|
389,726
|
6.00%, 11/01/2037
|
411,089
|
|
|
1,000,183
|
6.00%, 11/01/2052
|
1,027,087
|
|
|
1,069,017
|
6.00%, 12/01/2052
|
1,102,894
|
|
|
506,890
|
6.00%, 03/01/2053
|
525,299
|
|
|
3,999,054
|
6.00%, 06/01/2054
|
4,104,239
|
|
|
3,825,492
|
6.00%, 08/01/2054
|
3,920,662
|
|
|
88
|
6.50%, 08/01/2032
|
91
|
|
|
162,753
|
6.50%, 07/15/2036
|
168,913
|
|
|
49,721
|
6.50%, 12/01/2037
|
52,712
|
|
|
1,432,000
|
7.26%, 04/25/2042, 30 day USD SOFR
Average + 2.90%(1)(2)
|
1,473,170
|
|
|
14
|
7.50%, 09/01/2029
|
14
|
|
|
2,005,000
|
7.71%, 05/25/2042, 30 day USD SOFR
Average + 3.35%(1)(2)
|
2,080,809
|
|
|
3,990,000
|
7.71%, 06/25/2043, 30 day USD SOFR
Average + 3.35%(1)(2)
|
4,140,722
|
|
|
3,340,000
|
7.76%, 10/25/2041, 30 day USD SOFR
Average + 3.40%(1)(2)
|
3,415,123
|
|
|
3,815,000
|
7.86%, 05/25/2043, 30 day USD SOFR
Average + 3.50%(1)(2)
|
4,022,493
|
|
|
620,000
|
7.91%, 08/25/2042, 30 day USD SOFR
Average + 3.55%(1)(2)
|
649,033
|
|
|
1,629,000
|
8.01%, 11/25/2041, 30 day USD SOFR
Average + 3.65%(1)(2)
|
1,672,162
|
|
|
1,705,000
|
8.06%, 09/25/2042, 30 day USD SOFR
Average + 3.70%(1)(2)
|
1,791,853
|
|
|
1,525,000
|
8.36%, 07/25/2042, 30 day USD SOFR
Average + 4.00%(1)(2)
|
1,605,440
|
|
|
2,440,000
|
8.86%, 06/25/2042, 30 day USD SOFR
Average + 4.50%(1)(2)
|
2,580,898
|
|
|
|
|
|
117,380,054
|
|
|
Federal National Mortgage Association - 13.2%
|
||
|
33,546
|
0.00%, 03/25/2036(13)(14)
|
29,918
|
|
|
313,760
|
0.00%, 06/25/2041(13)(14)
|
238,903
|
|
|
6,969,168
|
0.39%, 01/25/2030(3)(4)
|
57,064
|
|
|
2,659,768
|
1.48%, 03/25/2055, 30 day USD SOFR
Average + 5.84%(2)(3)
|
162,012
|
|
|
4,344,660
|
1.50%, 09/01/2051
|
3,338,675
|
|
|
301,074
|
1.50%, 10/01/2051
|
231,447
|
|
|
398,918
|
1.50%, 04/01/2052
|
306,507
|
|
|
7,828,803
|
1.58%, 05/25/2029(3)(4)
|
274,287
|
|
|
4,116,863
|
1.59%, 10/25/2054, 30 day USD SOFR
Average + 5.95%(2)(3)
|
219,740
|
|
|
707,100
|
1.65%, 05/25/2046(3)(4)
|
34,631
|
|
|
754,818
|
1.73%, 04/25/2055(2)(3)
|
34,303
|
|
|
793,132
|
1.75%, 12/25/2042
|
720,341
|
|
|
489,444
|
1.83%, 06/25/2055(3)(4)
|
24,097
|
|
|
570,862
|
1.88%, 08/25/2044(3)(4)
|
38,202
|
|
|
592,672
|
2.00%, 05/01/2036
|
544,685
|
|
|
1,330,836
|
2.00%, 08/01/2036
|
1,224,961
|
|
|
851,087
|
2.00%, 09/01/2036
|
790,101
|
|
|
613,489
|
2.00%, 12/01/2036
|
569,522
|
|
|
507,985
|
2.00%, 09/25/2039
|
456,777
|
|
|
|
39
|
|
|
Shares or Principal Amount
|
|
Market Value†
|
|
|
U.S. GOVERNMENT AGENCIES - 48.0% - (continued)
|
|||
|
|
Mortgage-Backed Agencies - 48.0% - (continued)
|
||
|
|
Federal National Mortgage Association - 13.2% - (continued)
|
||
|
$ 1,046,201
|
2.00%, 09/01/2040
|
$916,570
|
|
|
2,472,159
|
2.00%, 12/01/2040
|
2,145,564
|
|
|
1,003,977
|
2.00%, 04/01/2041
|
874,016
|
|
|
335,913
|
2.00%, 05/01/2041
|
292,415
|
|
|
1,314,819
|
2.00%, 10/01/2041
|
1,138,813
|
|
|
944,743
|
2.00%, 03/25/2050
|
817,796
|
|
|
5,150,671
|
2.00%, 12/01/2050
|
4,192,583
|
|
|
8,425,511
|
2.00%, 02/01/2051
|
6,861,234
|
|
|
12,412,793
|
2.00%, 03/01/2051
|
10,081,267
|
|
|
468,761
|
2.00%, 07/01/2051
|
380,832
|
|
|
616,161
|
2.00%, 10/01/2051
|
504,625
|
|
|
3,454,942
|
2.00%, 03/25/2052(3)
|
438,224
|
|
|
20,567
|
2.00%, 04/01/2052
|
16,624
|
|
|
800,230
|
2.25%, 04/01/2033
|
701,388
|
|
|
76,081
|
2.50%, 06/25/2028(3)
|
1,748
|
|
|
1,812,418
|
2.50%, 09/01/2040
|
1,642,517
|
|
|
74,037
|
2.50%, 01/01/2043
|
66,300
|
|
|
1,798,021
|
2.50%, 02/01/2043
|
1,614,900
|
|
|
617,633
|
2.50%, 03/01/2043
|
554,877
|
|
|
1,334,300
|
2.50%, 05/01/2043
|
1,194,863
|
|
|
1,054,998
|
2.50%, 06/01/2043
|
937,129
|
|
|
637,775
|
2.50%, 04/01/2045
|
553,638
|
|
|
836,860
|
2.50%, 04/01/2050
|
712,883
|
|
|
960,169
|
2.50%, 06/01/2050
|
818,131
|
|
|
159,438
|
2.50%, 07/01/2050
|
135,514
|
|
|
1,531,431
|
2.50%, 09/01/2050
|
1,302,124
|
|
|
2,630,175
|
2.50%, 10/01/2050
|
2,259,601
|
|
|
1,132,106
|
2.50%, 01/01/2051
|
970,661
|
|
|
2,752,923
|
2.50%, 02/25/2051(3)
|
467,620
|
|
|
15,028,601
|
2.50%, 05/01/2051
|
12,815,553
|
|
|
2,217,296
|
2.50%, 06/01/2051
|
1,883,233
|
|
|
1,263,512
|
2.50%, 07/01/2051
|
1,075,229
|
|
|
828,617
|
2.50%, 09/01/2051
|
705,318
|
|
|
9,702,232
|
2.50%, 11/01/2051
|
8,312,443
|
|
|
1,471,143
|
2.50%, 12/01/2051
|
1,258,755
|
|
|
1,435,357
|
2.50%, 01/01/2052
|
1,227,657
|
|
|
2,136,293
|
2.50%, 03/01/2052
|
1,811,383
|
|
|
2,766,047
|
2.50%, 06/25/2052(3)
|
446,553
|
|
|
2,733,743
|
2.50%, 09/25/2052(3)
|
429,153
|
|
|
1,964,636
|
2.50%, 01/01/2057
|
1,666,361
|
|
|
45,453
|
3.00%, 09/25/2027(3)
|
847
|
|
|
231,916
|
3.00%, 01/25/2028(3)
|
3,265
|
|
|
987,917
|
3.00%, 04/25/2033(3)
|
59,727
|
|
|
366,025
|
3.00%, 08/01/2033
|
356,548
|
|
|
1,033,129
|
3.00%, 03/01/2037
|
980,201
|
|
|
1,539,525
|
3.00%, 06/01/2043
|
1,414,179
|
|
|
1,006,117
|
3.00%, 09/01/2048
|
909,264
|
|
|
962,731
|
3.00%, 08/25/2049
|
880,454
|
|
|
2,330,134
|
3.00%, 08/01/2050
|
2,062,934
|
|
|
947,373
|
3.00%, 10/01/2050
|
835,582
|
|
|
1,334,492
|
3.00%, 12/01/2050
|
1,177,229
|
|
|
429,149
|
3.00%, 04/01/2051
|
379,394
|
|
|
1,211,707
|
3.00%, 05/01/2051
|
1,090,750
|
|
|
1,391,539
|
3.00%, 08/01/2051
|
1,234,578
|
|
|
3,389,381
|
3.00%, 10/01/2051
|
3,008,267
|
|
|
4,044,954
|
3.00%, 11/01/2051
|
3,575,266
|
|
|
1,850,699
|
3.00%, 12/01/2051
|
1,641,312
|
|
|
992,353
|
3.00%, 04/01/2052
|
881,262
|
|
|
1,268,036
|
3.00%, 05/01/2052
|
1,126,357
|
|
|
39,525
|
3.50%, 05/25/2027(3)
|
643
|
|
|
94,366
|
3.50%, 10/25/2027(3)
|
2,342
|
|
|
216,334
|
3.50%, 05/25/2030(3)
|
10,703
|
|
|
49,409
|
3.50%, 08/25/2030(3)
|
1,740
|
|
|
12,034
|
3.50%, 02/25/2031(3)
|
71
|
|
|
234,924
|
3.50%, 09/25/2035(3)
|
20,779
|
|
|
1,270,099
|
3.50%, 11/25/2039(3)
|
109,010
|
|
|
Shares or Principal Amount
|
|
Market Value†
|
|
|
U.S. GOVERNMENT AGENCIES - 48.0% - (continued)
|
|||
|
|
Mortgage-Backed Agencies - 48.0% - (continued)
|
||
|
|
Federal National Mortgage Association - 13.2% - (continued)
|
||
|
$ 1,678,000
|
3.50%, 01/25/2042
|
$1,589,830
|
|
|
1,822,911
|
3.50%, 08/01/2043
|
1,716,000
|
|
|
553,605
|
3.50%, 10/01/2044
|
520,913
|
|
|
524,752
|
3.50%, 02/01/2045
|
493,326
|
|
|
499,211
|
3.50%, 01/01/2046
|
469,385
|
|
|
366,407
|
3.50%, 03/01/2046
|
344,474
|
|
|
888,046
|
3.50%, 09/01/2046
|
829,303
|
|
|
438,865
|
3.50%, 10/01/2046
|
410,273
|
|
|
307,998
|
3.50%, 10/25/2046(3)
|
56,021
|
|
|
444,934
|
3.50%, 11/01/2046
|
417,405
|
|
|
633,243
|
3.50%, 05/01/2047
|
594,026
|
|
|
318,798
|
3.50%, 09/01/2047
|
298,136
|
|
|
269,532
|
3.50%, 12/01/2047
|
252,517
|
|
|
194,917
|
3.50%, 02/01/2048
|
181,534
|
|
|
983,538
|
3.50%, 07/01/2048
|
921,813
|
|
|
2,118,833
|
3.50%, 04/01/2052
|
1,957,383
|
|
|
3,627,628
|
3.50%, 09/01/2057
|
3,288,756
|
|
|
2,029,873
|
3.50%, 05/01/2058
|
1,840,250
|
|
|
1,131,876
|
4.00%, 10/01/2040
|
1,103,964
|
|
|
457,019
|
4.00%, 11/01/2040
|
445,583
|
|
|
341,197
|
4.00%, 12/01/2040
|
332,619
|
|
|
160,190
|
4.00%, 02/01/2041
|
156,130
|
|
|
410,474
|
4.00%, 03/01/2041
|
399,730
|
|
|
1,036,310
|
4.00%, 06/01/2041
|
1,020,728
|
|
|
148,846
|
4.00%, 03/25/2042(3)
|
15,128
|
|
|
191,548
|
4.00%, 08/01/2042
|
186,236
|
|
|
426,892
|
4.00%, 09/01/2042
|
415,188
|
|
|
75,114
|
4.00%, 11/25/2042(3)
|
6,714
|
|
|
64,915
|
4.00%, 03/01/2045
|
62,532
|
|
|
250,706
|
4.00%, 03/01/2046
|
242,276
|
|
|
102,745
|
4.00%, 05/01/2046
|
98,783
|
|
|
418,354
|
4.00%, 06/01/2046
|
402,253
|
|
|
1,070,062
|
4.00%, 10/01/2047
|
1,028,781
|
|
|
456,588
|
4.00%, 09/01/2048
|
438,687
|
|
|
316,202
|
4.00%, 01/01/2049
|
306,157
|
|
|
106,408
|
4.00%, 08/01/2049
|
102,830
|
|
|
1,927,300
|
4.00%, 04/01/2050
|
1,854,581
|
|
|
1,973,984
|
4.00%, 11/25/2050(3)
|
400,235
|
|
|
311,035
|
4.00%, 08/01/2051
|
301,924
|
|
|
1,334,358
|
4.00%, 06/01/2052
|
1,267,188
|
|
|
2,477,609
|
4.39%, 04/01/2029
|
2,506,746
|
|
|
320
|
4.50%, 07/25/2027(3)
|
1
|
|
|
261,456
|
4.50%, 09/01/2035
|
263,370
|
|
|
902,225
|
4.50%, 12/01/2037
|
906,138
|
|
|
863,513
|
4.50%, 08/01/2040
|
867,322
|
|
|
886,335
|
4.50%, 10/01/2040
|
889,294
|
|
|
462,199
|
4.50%, 10/01/2041
|
462,696
|
|
|
1,045,198
|
4.50%, 08/25/2043(3)
|
220,543
|
|
|
369,358
|
4.50%, 09/01/2043
|
370,590
|
|
|
497,153
|
4.50%, 04/01/2049
|
489,957
|
|
|
2,239,692
|
4.50%, 01/01/2051
|
2,175,923
|
|
|
1,532,659
|
4.50%, 03/01/2053
|
1,490,980
|
|
|
380,000
|
4.75%, 04/01/2028
|
385,600
|
|
|
98,885
|
5.00%, 04/25/2038
|
99,786
|
|
|
1,203,501
|
5.00%, 12/25/2051
|
1,204,923
|
|
|
1,638,197
|
5.00%, 07/01/2052
|
1,635,267
|
|
|
1,140,166
|
5.00%, 08/01/2052
|
1,139,537
|
|
|
2,050,000
|
5.07%, 12/01/2028
|
2,111,355
|
|
|
57,368
|
5.50%, 06/01/2033
|
58,797
|
|
|
54,888
|
5.50%, 08/01/2033
|
55,668
|
|
|
318,248
|
5.50%, 09/01/2033
|
325,922
|
|
|
281,521
|
5.50%, 12/01/2033
|
288,415
|
|
|
207,407
|
5.50%, 01/01/2034
|
212,599
|
|
|
1,100,754
|
5.50%, 11/01/2035
|
1,143,915
|
|
|
313,806
|
5.50%, 04/01/2036
|
326,508
|
|
|
215,232
|
5.50%, 09/01/2036
|
220,593
|
|
|
|
40
|
|
|
Shares or Principal Amount
|
|
Market Value†
|
|
|
U.S. GOVERNMENT AGENCIES - 48.0% - (continued)
|
|||
|
|
Mortgage-Backed Agencies - 48.0% - (continued)
|
||
|
|
Federal National Mortgage Association - 13.2% - (continued)
|
||
|
$ 191,579
|
5.50%, 04/25/2037
|
$198,011
|
|
|
765,544
|
5.50%, 04/01/2038
|
783,121
|
|
|
2,519,457
|
5.50%, 08/01/2040
|
2,577,370
|
|
|
849,338
|
5.50%, 11/25/2040(3)
|
98,297
|
|
|
731,718
|
5.50%, 06/25/2042(3)
|
164,416
|
|
|
883,140
|
5.50%, 08/25/2044(3)
|
136,588
|
|
|
1,588,291
|
5.50%, 03/25/2052
|
1,608,014
|
|
|
1,456,162
|
5.50%, 04/25/2052
|
1,471,749
|
|
|
1,873,392
|
5.50%, 11/01/2052
|
1,902,473
|
|
|
3,980,594
|
5.50%, 12/01/2052
|
4,037,833
|
|
|
2,035,403
|
5.50%, 06/01/2053
|
2,064,172
|
|
|
7,102,234
|
5.50%, 04/01/2055
|
7,163,431
|
|
|
8,691,321
|
5.50%, 05/01/2055
|
8,766,211
|
|
|
12,235
|
5.52%, 05/25/2042(3)(4)
|
819
|
|
|
102,458
|
6.00%, 12/01/2032
|
107,019
|
|
|
124,470
|
6.00%, 01/01/2033
|
127,157
|
|
|
17,127
|
6.00%, 02/01/2033
|
17,509
|
|
|
101,586
|
6.00%, 03/01/2033
|
104,679
|
|
|
294,966
|
6.00%, 02/01/2037
|
310,824
|
|
|
388,168
|
6.00%, 01/25/2042(3)
|
20,256
|
|
|
1,136,712
|
6.00%, 05/01/2053
|
1,178,518
|
|
|
1,272,862
|
6.00%, 09/01/2054
|
1,304,592
|
|
|
110
|
6.50%, 05/01/2031
|
114
|
|
|
357
|
6.50%, 09/01/2031
|
372
|
|
|
348
|
6.50%, 07/01/2032
|
359
|
|
|
257
|
7.00%, 07/01/2029
|
269
|
|
|
50
|
7.00%, 12/01/2030
|
52
|
|
|
46
|
7.00%, 03/01/2032
|
48
|
|
|
179
|
7.50%, 06/01/2027
|
181
|
|
|
3,036
|
7.50%, 03/01/2030
|
3,109
|
|
|
4,274
|
7.50%, 04/01/2030
|
4,324
|
|
|
335
|
7.50%, 06/01/2030
|
345
|
|
|
735
|
7.50%, 07/01/2030
|
756
|
|
|
213
|
7.50%, 08/01/2030
|
219
|
|
|
612
|
7.50%, 05/01/2031
|
615
|
|
|
2,969
|
7.50%, 06/01/2031
|
2,983
|
|
|
220
|
7.50%, 08/01/2031
|
220
|
|
|
12,063
|
7.50%, 09/01/2031
|
12,116
|
|
|
26
|
7.50%, 05/01/2032
|
27
|
|
|
|
|
|
186,076,177
|
|
|
Government National Mortgage Association - 8.5%
|
||
|
2,152,488
|
2.00%, 10/20/2050
|
1,780,237
|
|
|
4,129,631
|
2.00%, 12/20/2050
|
3,414,163
|
|
|
8,245,000
|
2.00%, 10/20/2055(16)
|
6,813,580
|
|
|
333,135
|
2.50%, 12/16/2039
|
317,454
|
|
|
691,158
|
2.50%, 07/20/2041
|
630,172
|
|
|
1,681,488
|
2.50%, 11/20/2049
|
1,458,048
|
|
|
1,342,567
|
2.50%, 03/20/2051
|
1,156,822
|
|
|
34,725,000
|
2.50%, 10/20/2055(16)
|
29,890,485
|
|
|
56,585
|
3.00%, 09/20/2028(3)
|
567
|
|
|
1,321,368
|
3.00%, 05/20/2035(3)
|
60,731
|
|
|
225,035
|
3.00%, 02/16/2043(3)
|
29,783
|
|
|
1,172,294
|
3.00%, 03/15/2045
|
1,054,992
|
|
|
59,328
|
3.00%, 04/15/2045
|
53,394
|
|
|
1,024,797
|
3.00%, 07/15/2045
|
922,262
|
|
|
20,444
|
3.00%, 08/15/2045
|
18,399
|
|
|
6,328,847
|
3.00%, 04/20/2051
|
5,660,263
|
|
|
711,643
|
3.00%, 06/20/2051
|
635,904
|
|
|
1,916,833
|
3.00%, 08/20/2051
|
1,712,817
|
|
|
9,673
|
3.50%, 02/16/2027(3)
|
48
|
|
|
48,268
|
3.50%, 03/20/2027(3)
|
252
|
|
|
36,515
|
3.50%, 07/20/2040(3)
|
328
|
|
|
234,387
|
3.50%, 04/20/2042(3)
|
6,816
|
|
|
1,215,372
|
3.50%, 10/20/2042(3)
|
170,702
|
|
|
135,875
|
3.50%, 11/15/2042
|
127,401
|
|
|
3,834
|
3.50%, 12/15/2042
|
3,588
|
|
|
Shares or Principal Amount
|
|
Market Value†
|
|
|
U.S. GOVERNMENT AGENCIES - 48.0% - (continued)
|
|||
|
|
Mortgage-Backed Agencies - 48.0% - (continued)
|
||
|
|
Government National Mortgage Association - 8.5% - (continued)
|
||
|
$ 89,523
|
3.50%, 02/15/2043
|
$83,689
|
|
|
4,288
|
3.50%, 03/15/2043
|
4,009
|
|
|
804,507
|
3.50%, 04/15/2043
|
752,073
|
|
|
1,602,930
|
3.50%, 05/15/2043
|
1,498,507
|
|
|
406,227
|
3.50%, 07/20/2043(3)
|
63,960
|
|
|
904,024
|
3.50%, 03/20/2044
|
850,579
|
|
|
1,172,340
|
3.50%, 06/20/2046
|
1,090,950
|
|
|
297,133
|
3.50%, 07/20/2046
|
274,637
|
|
|
313,474
|
3.50%, 10/20/2046
|
291,451
|
|
|
1,238,462
|
3.50%, 02/20/2047
|
1,150,670
|
|
|
364,614
|
3.50%, 08/20/2047
|
338,464
|
|
|
253,576
|
3.50%, 11/20/2047
|
235,389
|
|
|
309,475
|
3.50%, 03/20/2048
|
287,279
|
|
|
420,744
|
3.50%, 06/20/2049
|
387,403
|
|
|
950,462
|
3.50%, 07/20/2049
|
875,044
|
|
|
1,024,885
|
3.50%, 11/20/2049
|
943,293
|
|
|
302,852
|
3.50%, 06/20/2050
|
278,093
|
|
|
963,986
|
3.50%, 02/20/2051
|
887,313
|
|
|
721,941
|
3.88%, 08/15/2042
|
692,403
|
|
|
3,850
|
4.00%, 12/16/2026(3)
|
2
|
|
|
80,346
|
4.00%, 05/20/2029(3)
|
459
|
|
|
1,312,731
|
4.00%, 07/20/2040
|
1,270,592
|
|
|
1,446,141
|
4.00%, 09/20/2040
|
1,399,719
|
|
|
2,287,094
|
4.00%, 10/20/2040
|
2,212,164
|
|
|
586,616
|
4.00%, 12/20/2040
|
564,532
|
|
|
97,768
|
4.00%, 05/16/2042(3)
|
8,122
|
|
|
1,989,679
|
4.00%, 09/16/2042(3)
|
418,296
|
|
|
103,919
|
4.00%, 01/20/2044(3)
|
20,224
|
|
|
756,986
|
4.00%, 01/16/2046(3)
|
123,748
|
|
|
670,392
|
4.00%, 03/20/2047(3)
|
108,655
|
|
|
300,897
|
4.00%, 11/20/2047
|
284,146
|
|
|
870,384
|
4.00%, 03/20/2048
|
823,856
|
|
|
2,361,527
|
4.00%, 07/20/2048
|
2,257,371
|
|
|
40,209
|
4.50%, 11/15/2039
|
39,619
|
|
|
425,324
|
4.50%, 05/15/2040
|
422,512
|
|
|
1,451,513
|
4.50%, 05/20/2040
|
1,460,105
|
|
|
85,160
|
4.50%, 07/15/2041
|
83,879
|
|
|
1,339,210
|
4.50%, 08/20/2045(3)
|
252,749
|
|
|
128,563
|
4.50%, 01/20/2046
|
127,421
|
|
|
813,454
|
4.50%, 01/20/2047(3)
|
90,288
|
|
|
1,005,530
|
4.50%, 05/20/2048(3)
|
152,921
|
|
|
286,690
|
4.50%, 05/20/2052
|
280,240
|
|
|
830,638
|
4.50%, 08/20/2052
|
811,694
|
|
|
760,934
|
4.50%, 09/20/2052
|
743,462
|
|
|
3,460,194
|
4.50%, 10/20/2052
|
3,380,206
|
|
|
3,190,000
|
4.50%, 10/20/2055(16)
|
3,093,029
|
|
|
848,323
|
5.00%, 02/16/2040(3)
|
168,191
|
|
|
761,816
|
5.00%, 05/20/2040
|
781,085
|
|
|
605,914
|
5.00%, 06/20/2040
|
623,090
|
|
|
238,628
|
5.00%, 07/20/2040
|
244,805
|
|
|
445,473
|
5.00%, 06/15/2041
|
455,631
|
|
|
418,014
|
5.00%, 10/16/2041(3)
|
70,857
|
|
|
644,498
|
5.00%, 03/15/2044
|
659,440
|
|
|
180,049
|
5.00%, 01/16/2047(3)
|
36,063
|
|
|
3,242,457
|
5.00%, 07/15/2052
|
3,229,612
|
|
|
812,500
|
5.00%, 10/20/2054(16)
|
808,128
|
|
|
326,311
|
5.50%, 10/20/2034
|
337,306
|
|
|
546,371
|
5.50%, 03/20/2039(3)
|
42,370
|
|
|
565,639
|
5.50%, 07/15/2041
|
586,298
|
|
|
523,934
|
5.50%, 02/16/2047(3)
|
70,939
|
|
|
345,948
|
5.50%, 02/20/2047(3)
|
50,890
|
|
|
9,030,000
|
5.50%, 10/20/2054(16)
|
9,097,204
|
|
|
285
|
6.00%, 01/15/2029
|
291
|
|
|
205
|
6.00%, 04/15/2029
|
210
|
|
|
9,663
|
6.00%, 12/15/2031
|
9,981
|
|
|
237
|
6.00%, 10/15/2032
|
250
|
|
|
|
41
|
|
|
Shares or Principal Amount
|
|
Market Value†
|
|
|
U.S. GOVERNMENT AGENCIES - 48.0% - (continued)
|
|||
|
|
Mortgage-Backed Agencies - 48.0% - (continued)
|
||
|
|
Government National Mortgage Association - 8.5% - (continued)
|
||
|
$ 7,673
|
6.00%, 06/15/2033
|
$7,881
|
|
|
157
|
6.00%, 03/15/2034
|
161
|
|
|
12,829
|
6.00%, 08/15/2034
|
13,347
|
|
|
22,536
|
6.00%, 09/15/2034
|
23,564
|
|
|
14,734
|
6.00%, 02/15/2035
|
15,521
|
|
|
27,298
|
6.00%, 03/15/2036
|
28,665
|
|
|
27,733
|
6.00%, 05/15/2036
|
28,749
|
|
|
66,592
|
6.00%, 06/15/2036
|
69,802
|
|
|
7,470
|
6.00%, 06/15/2037
|
7,772
|
|
|
16,763
|
6.00%, 08/15/2037
|
17,395
|
|
|
28,854
|
6.00%, 08/15/2039
|
29,915
|
|
|
542,141
|
6.00%, 09/20/2040(3)
|
86,802
|
|
|
43,920
|
6.00%, 06/15/2041
|
46,105
|
|
|
553,110
|
6.00%, 02/20/2046(3)
|
64,738
|
|
|
9,363,000
|
6.00%, 10/20/2054(16)
|
9,522,298
|
|
|
721,893
|
6.00%, 07/20/2055
|
734,707
|
|
|
3,094,094
|
6.00%, 09/20/2055
|
3,153,883
|
|
|
6,003
|
6.50%, 06/15/2028
|
6,189
|
|
|
325
|
6.50%, 08/15/2028
|
330
|
|
|
422
|
6.50%, 09/15/2028
|
428
|
|
|
350
|
6.50%, 11/15/2028
|
355
|
|
|
1,985
|
6.50%, 12/15/2028
|
2,011
|
|
|
3,850
|
6.50%, 02/15/2029
|
3,927
|
|
|
19,640
|
6.50%, 03/15/2029
|
19,847
|
|
|
8,564
|
6.50%, 04/15/2029
|
8,819
|
|
|
2,781
|
6.50%, 05/15/2029
|
2,873
|
|
|
51,972
|
6.50%, 06/15/2029
|
53,373
|
|
|
1,639
|
6.50%, 07/15/2029
|
1,667
|
|
|
33
|
6.50%, 03/15/2031
|
34
|
|
|
56,146
|
6.50%, 04/15/2031
|
58,199
|
|
|
14,082
|
6.50%, 05/15/2031
|
14,533
|
|
|
1,121
|
6.50%, 06/15/2031
|
1,157
|
|
|
55,214
|
6.50%, 07/15/2031
|
56,760
|
|
|
10,152
|
6.50%, 08/15/2031
|
10,440
|
|
|
17,271
|
6.50%, 09/15/2031
|
17,880
|
|
|
32,044
|
6.50%, 10/15/2031
|
32,926
|
|
|
113,727
|
6.50%, 11/15/2031
|
117,326
|
|
|
17,969
|
6.50%, 12/15/2031
|
18,323
|
|
|
36,312
|
6.50%, 01/15/2032
|
37,358
|
|
|
11,737
|
6.50%, 02/15/2032
|
12,109
|
|
|
20,047
|
6.50%, 03/15/2032
|
20,788
|
|
|
73,731
|
6.50%, 04/15/2032
|
76,193
|
|
|
177
|
6.50%, 05/15/2032
|
182
|
|
|
10,541
|
6.50%, 06/15/2032
|
10,791
|
|
|
141
|
7.00%, 02/15/2031
|
143
|
|
|
60
|
7.00%, 06/15/2031
|
60
|
|
|
|
|
|
119,043,392
|
|
|
Uniform Mortgage-Backed Security - 18.0%
|
||
|
580,000
|
2.50%, 10/01/2055(16)
|
488,557
|
|
|
154,000
|
4.00%, 10/01/2055(16)
|
145,124
|
|
|
11,600,000
|
4.50%, 10/01/2039(16)
|
11,584,699
|
|
|
6,600,000
|
4.50%, 10/01/2055(16)
|
6,401,062
|
|
|
13,000,000
|
5.00%, 10/01/2039(16)
|
13,133,897
|
|
|
19,485,000
|
5.00%, 10/01/2055(16)
|
19,322,440
|
|
|
13,035,000
|
5.50%, 10/01/2039(16)
|
13,321,152
|
|
|
78,799,000
|
5.50%, 10/01/2054(16)
|
79,448,144
|
|
|
42,535,000
|
5.50%, 11/01/2054(16)
|
42,857,156
|
|
|
26,798,000
|
6.00%, 10/01/2054(16)
|
27,376,506
|
|
|
26,785,000
|
6.00%, 11/01/2054(16)
|
27,357,994
|
|
|
8,195,000
|
6.50%, 10/01/2054(16)
|
8,468,579
|
|
|
2,670,000
|
7.00%, 10/01/2054(16)
|
2,792,482
|
|
|
|
|
|
252,697,792
|
|
|
Total U.S. Government Agencies
(cost $694,061,758)
|
|
$675,197,415
|
|
Shares or Principal Amount
|
|
Market Value†
|
|
|
U.S. GOVERNMENT SECURITIES - 25.4%
|
|||
|
|
U.S. Treasury Securities - 25.4%
|
||
|
|
U.S. Treasury Bonds - 13.4%
|
||
|
$ 24,645,000
|
1.25%, 05/15/2050
|
$12,088,565
|
|
|
5,115,000
|
1.88%, 11/15/2051
|
2,893,571
|
|
|
7,090,000
|
2.25%, 08/15/2046
|
4,730,359
|
|
|
15,065,000
|
2.25%, 02/15/2052
|
9,344,419
|
|
|
7,860,000
|
2.38%, 11/15/2049
|
5,142,774
|
|
|
70,315,000
|
2.88%, 08/15/2045
|
53,431,160
|
|
|
6,175,000
|
3.00%, 02/15/2047
|
4,715,191
|
|
|
17,565,000
|
3.38%, 05/15/2044(17)
|
14,658,541
|
|
|
35,500,000
|
3.38%, 11/15/2048(18)
|
28,517,871
|
|
|
12,035,000
|
3.63%, 05/15/2053
|
9,940,158
|
|
|
28,222,000
|
4.25%, 08/15/2054
|
26,052,434
|
|
|
4,685,000
|
4.75%, 05/15/2055
|
4,699,641
|
|
|
6,255,000
|
4.75%, 08/15/2055
|
6,276,502
|
|
|
6,250,000
|
4.88%, 08/15/2045
|
6,389,648
|
|
|
|
|
|
188,880,834
|
|
|
U.S. Treasury Inflation-Indexed Bonds - 3.1%
|
||
|
11,226,559
|
0.25%, 02/15/2050(19)
|
6,634,027
|
|
|
3,688,204
|
0.63%, 02/15/2043(19)
|
2,799,145
|
|
|
19,799,822
|
0.75%, 02/15/2042(19)
|
15,690,653
|
|
|
8,848,046
|
0.75%, 02/15/2045(19)
|
6,592,884
|
|
|
3,231,068
|
1.00%, 02/15/2046(19)
|
2,489,784
|
|
|
11,095,330
|
1.38%, 02/15/2044(19)
|
9,482,495
|
|
|
|
|
|
43,688,988
|
|
|
U.S. Treasury Notes - 8.9%
|
||
|
45,420,000
|
2.25%, 11/15/2027
|
44,156,756
|
|
|
29,565,000
|
3.88%, 07/15/2028
|
29,756,711
|
|
|
32,405,000
|
4.13%, 11/30/2031
|
32,865,759
|
|
|
17,305,000
|
4.25%, 11/15/2034
|
17,500,357
|
|
|
|
|
|
124,279,583
|
|
|
Total U.S. Government Securities
(cost $418,469,436)
|
|
$356,849,405
|
|
COMMON STOCKS - 0.0%
|
|||
|
|
Energy - 0.0%
|
||
|
30,559
|
PES Energy Liquidating Trust*(5)(20)
|
$—
|
|
|
|
Total Common Stocks
(cost $265,121)
|
|
$—
|
|
|
Total Long-Term Investments
(cost $1,793,564,048)
|
|
$1,705,692,761
|
|
SHORT-TERM INVESTMENTS - 0.6%
|
|||
|
|
Repurchase Agreements - 0.1%
|
||
|
1,344,116
|
Fixed Income Clearing Corp. Repurchase
Agreement dated 09/30/2025 at
4.20%, due on 10/01/2025 with a
maturity value of $1,344,273;
collateralized by U.S. Treasury
Inflation-Indexed Note at 0.63%,
maturing 07/15/2032, with a market
value of $1,371,196
|
$1,344,116
|
|
|
|
42
|
|
|
Shares or Principal Amount
|
|
Market Value†
|
|
|
SHORT-TERM INVESTMENTS - 0.6% - (continued)
|
|||
|
|
Securities Lending Collateral - 0.5%
|
||
|
6,896,783
|
State Street Navigator Securities Lending
Government Money Market Portfolio,
4.12%(21)
|
$6,896,783
|
|
|
|
Total Short-Term Investments
(cost $8,240,899)
|
$8,240,899
|
|
|
|
Total Investments Excluding
Purchased Options
(cost $1,801,804,947)
|
122.0
%
|
$1,713,933,660
|
|
|
Total Purchased Options
(cost $340,560)
|
0.0
%
|
$309,660
|
|
|
Total Investments
(cost $1,802,145,507)
|
122.0
%
|
$1,714,243,320
|
|
|
Other Assets and Liabilities
|
(22.0
)%
|
(308,693,566
)
|
|
|
Net Assets
|
100.0
%
|
$1,405,549,754
|
|
*
|
Non-income producing.
|
|
(1)
|
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 September 30, 2025, the aggregate value of these securities was
$369,027,220, representing 26.3% of net assets.
|
|
(2)
|
Variable rate securities; the rate reported is the coupon rate in effect at September
30, 2025. Base lending rates may be subject to a floor or cap.
|
|
(3)
|
Securities disclosed are interest-only strips.
|
|
(4)
|
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.
|
|
(5)
|
Investment valued using significant unobservable inputs.
|
|
(6)
|
Security is a “step-up” bond where coupon increases or steps up at a
predetermined date. Rate shown is current coupon rate.
|
|
(7)
|
Represents entire or partial securities on loan.
|
|
(8)
|
Fixed to variable rate investment. The rate shown reflects the fixed rate in effect
at
September 30, 2025. Rate will reset at a future date. Base lending rates may be
subject to a floor or cap.
|
|
(9)
|
Security is exempt from registration under Regulation S under the Securities Act of
1933, which exempts from registration securities offered and sold outside of the
United States. Security may not be offered or sold in the United States except
pursuant to an exemption from, or in a transaction not subject to, the registration
requirements of the Securities Act of 1933. At September 30, 2025, the aggregate
value of these securities was $13,854,959, representing 1.0% of net assets.
|
|
(10)
|
Senior floating rate interests generally pay interest rates which are periodically
adjusted by reference to a base short-term, floating lending rate plus a premium.
The base lending rates are primarily the Secured Overnight Financing Rate
("SOFR") and secondarily, the prime rate offered by one or more major
United States banks (the "Prime Rate"). Senior floating rate interests often require
prepayments from excess cash flows or permit the borrower to repay at its
election. The rate at which the borrower repays cannot be predicted with accuracy.
As a result, the actual remaining maturity may be substantially less than the stated
maturities shown. Base lending rates may be subject to a floor or cap. Unless
otherwise noted, the interest rate disclosed for these securities represents the rate
in effect as of September 30, 2025.
|
|
(11)
|
Non-income producing. For long-term debt securities, items identified are in default
as to payment of interest and/or principal.
|
|
(12)
|
Security has the ability to pay in kind (“PIK”) or pay income in cash. When
applicable, separate rates of such payments are disclosed.
|
|
(13)
|
Securities disclosed are principal-only strips.
|
|
(14)
|
Security is a zero-coupon bond.
|
|
(15)
|
Market value is less than $1.
|
|
(16)
|
Represents or includes a TBA transaction.
|
|
(17)
|
All, or a portion of the security, was pledged as collateral in connection with
centrally cleared swap contracts. As of September 30, 2025, the market value of
securities pledged was $6,008,625.
|
|
(18)
|
All, or a portion of the security, was pledged as collateral in connection with
futures contracts. As of September 30, 2025, the market value of securities
pledged was $6,101,218.
|
|
(19)
|
The principal amount for these securities are adjusted for inflation and the interest
payments equal a fixed percentage of the inflation-adjusted principal amount.
|
|
(20)
|
Investment in securities not registered under the Securities Act of 1933 (excluding
securities acquired pursuant to Rule 144A and Regulation S). At the end of the
period, the value of such restricted securities amounted to $0 or 0.0% of net
assets.
|
|
Period
Acquired
|
Security Name
|
Shares/
Par Value
|
Total Cost
|
Market Value
|
|
12/2021
|
PES Energy Liquidating
Trust
|
30,559
|
$265,121
|
$—
|
|
(21)
|
Current yield as of period end.
|
|
|
43
|
|
|
OTC Swaptions Outstanding at September 30, 2025
|
||||||||||
|
Description
|
Counter-
party
|
Exercise Price/
FX Rate/Rate
|
Pay/
Receive
Floating
Rate
|
Expiration
Date
|
Notional
Amount
|
|
Value†
|
Premiums
Paid
(Received)
by Fund
|
Unrealized
Appreciation/
(Depreciation)
|
|
|
Purchased swaptions:
|
||||||||||
|
Call
|
||||||||||
|
10 Year Interest Rate Swap*
|
GSC
|
4.13
%
|
Pay
|
07/31/2028
|
USD
|
3,225,000
|
|
$175,318
|
$170,280
|
$5,038
|
|
Put
|
||||||||||
|
10 Year Interest Rate Swap*
|
GSC
|
4.13
%
|
Pay
|
07/31/2028
|
USD
|
3,225,000
|
|
$134,342
|
$170,280
|
$(35,938
)
|
|
Total purchased OTC swaption contracts
|
$309,660
|
$340,560
|
$(30,900
)
|
|||||||
|
*
|
Swaptions with forward premiums.
|
|
Futures Contracts Outstanding at September 30, 2025
|
||||
|
Description
|
Number of
Contracts
|
Expiration
Date
|
Current
Notional
Amount
|
Value and
Unrealized
Appreciation/
(Depreciation)
|
|
Long position contracts:
|
||||
|
Australian 10-Year Bond Future
|
484
|
12/15/2025
|
$36,302,314
|
$(56,225
)
|
|
Canadian 10-Year Bond Future
|
456
|
12/18/2025
|
40,124,854
|
890,310
|
|
Long Gilt Future
|
118
|
12/29/2025
|
14,416,139
|
20,751
|
|
U.S. Treasury 5-Year Note Future
|
165
|
12/31/2025
|
18,017,227
|
(99,015
)
|
|
U.S. Treasury 10-Year Ultra Future
|
492
|
12/19/2025
|
56,618,437
|
249,812
|
|
U.S. Treasury Ultra Bond Future
|
48
|
12/19/2025
|
5,763,000
|
148,435
|
|
Total
|
|
|
|
$1,154,068
|
|
Short position contracts:
|
||||
|
Euro BUXL 30-Year Bond Future
|
(67)
|
12/08/2025
|
$(9,005,156
)
|
$(197,867
)
|
|
Euro-BTP Italian Bond Future
|
(69)
|
12/08/2025
|
(9,708,178
)
|
(99,147
)
|
|
Euro-BUND Future
|
(252)
|
12/08/2025
|
(38,038,819
)
|
20,461
|
|
Euro-Schatz Future
|
(324)
|
12/08/2025
|
(40,694,381
)
|
32,002
|
|
French Government Bond Future
|
(125)
|
12/08/2025
|
(17,808,881
)
|
(186,440
)
|
|
U.S. Treasury 2-Year Note Future
|
(372)
|
12/31/2025
|
(77,524,219
)
|
51,341
|
|
U.S. Treasury 10-Year Note Future
|
(94)
|
12/19/2025
|
(10,575,000
)
|
57,304
|
|
U.S. Treasury Long Bond Future
|
(195)
|
12/19/2025
|
(22,735,781
)
|
(259,165
)
|
|
Total
|
|
|
|
$(581,511
)
|
|
Total futures contracts
|
$572,557
|
|||
|
TBA Sale Commitments Outstanding at September 30, 2025
|
||||
|
Description
|
Principal
Amount
|
Maturity
Date
|
Market
Value†
|
Unrealized
Appreciation/
(Depreciation)
|
|
Government National Mortgage Association, 3.50%
|
$3,200,000
|
10/20/2055
|
$(2,917,171
)
|
$53,079
|
|
Government National Mortgage Association, 4.00%
|
3,050,000
|
10/20/2055
|
(2,867,302
)
|
34,115
|
|
Uniform Mortgage-Backed Security, 2.00%
|
3,210,000
|
10/01/2055
|
(2,586,504
)
|
(15,870
)
|
|
Uniform Mortgage-Backed Security, 2.00%
|
2,100,000
|
10/01/2040
|
(1,929,580
)
|
11,402
|
|
Uniform Mortgage-Backed Security, 3.00%
|
5,795,000
|
10/01/2055
|
(5,089,176
)
|
7,708
|
|
Uniform Mortgage-Backed Security, 3.00%
|
1,925,000
|
10/01/2040
|
(1,843,760
)
|
11,684
|
|
Uniform Mortgage-Backed Security, 3.50%
|
818,000
|
10/01/2055
|
(747,260
)
|
443
|
|
Uniform Mortgage-Backed Security, 4.00%
|
17,933,000
|
10/01/2055
|
(16,899,386
)
|
83,174
|
|
Uniform Mortgage-Backed Security, 4.00%
|
12,365,000
|
11/01/2055
|
(11,650,380
)
|
22,008
|
|
Uniform Mortgage-Backed Security, 4.50%
|
6,600,000
|
11/01/2055
|
(6,398,741
)
|
1,454
|
|
Uniform Mortgage-Backed Security, 4.50%
|
13,200,000
|
10/01/2055
|
(12,802,124
)
|
(26,678
)
|
|
Uniform Mortgage-Backed Security, 5.00%
|
19,485,000
|
10/01/2055
|
(19,322,440
)
|
76,888
|
|
Uniform Mortgage-Backed Security, 5.00%
|
21,935,000
|
11/01/2055
|
(21,740,004
)
|
125,402
|
|
Uniform Mortgage-Backed Security, 6.50%
|
4,695,000
|
11/01/2054
|
(4,854,854
)
|
2,453
|
|
Uniform Mortgage-Backed Security, 6.50%
|
9,395,000
|
10/01/2054
|
(9,708,640
)
|
16,110
|
|
Total TBA sale commitments (proceeds receivable $121,760,694)
|
$(121,357,322
)
|
$403,372
|
||
|
At September 30, 2025, the aggregate market value of TBA Sale Commitments represents
(8.6)% of total net assets.
|
||||
|
|
44
|
|
|
Centrally Cleared Interest Rate Swap Contracts Outstanding at September 30, 2025
|
|||||||||
|
Payments made
by Fund
|
Payments received
by Fund
|
Notional
Amount
|
Expiration
Date
|
Periodic
Payment
Frequency
|
Upfront
Premiums
Paid
|
Upfront
Premiums
Received
|
Value†
|
Unrealized
Appreciation/
(Depreciation)
|
|
|
3.70% Fixed
|
12 Mo. USD SOFR
|
USD
|
12,100,000
|
05/31/2029
|
Annual
|
$—
|
$—
|
$(123,683
)
|
$(123,683
)
|
|
4.16% Fixed
|
12 Mo. USD SOFR
|
USD
|
31,330,000
|
03/19/2045
|
Annual
|
—
|
(58,935
)
|
(825,709
)
|
(766,774
)
|
|
2.97% Fixed
|
12 Mo. USD SOFR
|
USD
|
12,140,000
|
03/15/2053
|
Annual
|
35,842
|
—
|
2,104,792
|
2,068,950
|
|
2.88% Fixed
|
12 Mo. USD SOFR
|
USD
|
3,745,000
|
03/15/2053
|
Annual
|
39,872
|
—
|
711,748
|
671,876
|
|
3.25% Fixed
|
12 Mo. USD SOFR
|
USD
|
6,235,000
|
06/21/2053
|
Annual
|
—
|
(62,745
)
|
760,950
|
823,695
|
|
Total centrally cleared interest rate swaps contracts
|
$75,714
|
$(121,680
)
|
$2,628,098
|
$2,674,064
|
|||||
|
Foreign Currency Contracts Outstanding at September 30, 2025
|
||||||
|
Amount and Description of
Currency to be Purchased
|
Amount and Description of
Currency to be Sold
|
Counterparty
|
Settlement
Date
|
Appreciation/
(Depreciation)
|
||
|
16,923,722
|
USD
|
14,368,000
|
EUR
|
DEUT
|
12/17/2025
|
$(21,438
)
|
|
Description
|
Total
|
Level 1
|
Level 2
|
Level 3(1)
|
|
Assets
|
|
|
|
|
|
Asset & Commercial Mortgage-Backed Securities
|
$253,909,757
|
$—
|
$252,839,724
|
$1,070,033
|
|
Corporate Bonds
|
375,908,400
|
—
|
375,908,400
|
—
|
|
Foreign Government Obligations
|
30,228,384
|
—
|
30,228,384
|
—
|
|
Municipal Bonds
|
13,595,459
|
—
|
13,595,459
|
—
|
|
Senior Floating Rate Interests
|
3,941
|
—
|
3,941
|
—
|
|
U.S. Government Agencies
|
675,197,415
|
—
|
675,197,415
|
—
|
|
U.S. Government Securities
|
356,849,405
|
—
|
356,849,405
|
—
|
|
Common Stocks
|
—
|
—
|
—
|
—
|
|
Short-Term Investments
|
8,240,899
|
6,896,783
|
1,344,116
|
—
|
|
Purchased Options
|
309,660
|
—
|
309,660
|
—
|
|
Futures Contracts(2)
|
1,470,416
|
1,470,416
|
—
|
—
|
|
Swaps - Interest Rate(2)
|
3,564,521
|
—
|
3,564,521
|
—
|
|
Total
|
$1,719,278,257
|
$8,367,199
|
$1,709,841,025
|
$1,070,033
|
|
Liabilities
|
|
|
|
|
|
Foreign Currency Contracts(2)
|
$(21,438
)
|
$—
|
$(21,438
)
|
$—
|
|
Futures Contracts(2)
|
(897,859
)
|
(897,859
)
|
—
|
—
|
|
Swaps - Interest Rate(2)
|
(890,457
)
|
—
|
(890,457
)
|
—
|
|
TBA Sale Commitments
|
(121,357,322
)
|
—
|
(121,357,322
)
|
—
|
|
Total
|
$(123,167,076
)
|
$(897,859
)
|
$(122,269,217
)
|
$—
|
|
(1)
|
For the period ended September 30, 2025, 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.
|
|
|
45
|
|
|
Shares or Principal Amount
|
|
Market Value†
|
|
|
ASSET & COMMERCIAL MORTGAGE-BACKED SECURITIES - 38.4%
|
|||
|
|
Asset-Backed - Automobile - 26.9%
|
||
|
$ 371,395
|
American Heritage Auto Receivables Trust
4.83%, 03/15/2028(1)
|
$372,233
|
|
|
|
AmeriCredit Automobile Receivables Trust
|
|
|
|
516,105
|
1.01%, 01/19/2027
|
513,549
|
|
|
470,910
|
5.75%, 02/18/2028
|
471,532
|
|
|
|
ARI Fleet Lease Trust
|
|
|
|
2,300,000
|
4.38%, 01/17/2034(1)
|
2,307,918
|
|
|
615,000
|
4.59%, 03/15/2034(1)
|
618,803
|
|
|
195,031
|
5.30%, 11/15/2032(1)
|
196,296
|
|
|
165,225
|
5.41%, 02/17/2032(1)
|
165,472
|
|
|
1,886,000
|
5.89%, 07/15/2032(1)
|
1,927,387
|
|
|
199,006
|
6.05%, 07/15/2032(1)
|
200,695
|
|
|
800,000
|
BMW Vehicle Lease Trust 4.43%, 09/27/2027
|
802,753
|
|
|
|
BMW Vehicle Owner Trust
|
|
|
|
1,463,865
|
4.43%, 10/25/2027
|
1,465,792
|
|
|
1,447,276
|
5.47%, 02/25/2028
|
1,457,498
|
|
|
|
BofA Auto Trust
|
|
|
|
2,500,000
|
4.35%, 11/20/2029(1)
|
2,515,979
|
|
|
385,119
|
4.52%, 11/22/2027(1)
|
385,437
|
|
|
|
Capital One Prime Auto Receivables Trust
|
|
|
|
249,777
|
3.17%, 04/15/2027
|
249,250
|
|
|
186,960
|
4.61%, 10/15/2027
|
187,216
|
|
|
1,338,223
|
4.87%, 02/15/2028
|
1,343,336
|
|
|
|
CarMax Auto Owner Trust
|
|
|
|
400,000
|
4.42%, 08/15/2028
|
401,778
|
|
|
81,656
|
4.47%, 05/15/2026
|
81,666
|
|
|
1,700,000
|
4.59%, 07/17/2028
|
1,707,433
|
|
|
346,633
|
4.75%, 10/15/2027
|
347,372
|
|
|
453,038
|
5.65%, 05/17/2027
|
453,840
|
|
|
|
Carvana Auto Receivables Trust
|
|
|
|
78,127
|
0.70%, 01/10/2028
|
77,012
|
|
|
4,707
|
5.50%, 08/10/2027(1)
|
4,708
|
|
|
80,749
|
Chase Auto Owner Trust 5.66%, 05/26/2027(1)
|
80,820
|
|
|
592,259
|
Chesapeake Funding II LLC 5.65%,
05/15/2035(1)
|
595,896
|
|
|
|
Citizens Auto Receivables Trust
|
|
|
|
78,825
|
5.54%, 11/16/2026(1)
|
78,869
|
|
|
1,336,045
|
5.83%, 02/15/2028(1)
|
1,346,604
|
|
|
359,501
|
CPS Auto Receivables Trust 5.78%,
01/18/2028(1)
|
359,952
|
|
|
|
Enterprise Fleet Financing LLC
|
|
|
|
45,428
|
4.38%, 07/20/2029(1)
|
45,433
|
|
|
422,265
|
4.56%, 05/20/2026(1)
|
422,558
|
|
|
2,282,288
|
5.23%, 03/20/2030(1)
|
2,301,761
|
|
|
200,966
|
5.51%, 01/22/2029(1)
|
201,531
|
|
|
542,446
|
5.56%, 04/22/2030(1)
|
546,008
|
|
|
747,705
|
5.74%, 12/20/2026(1)
|
751,356
|
|
|
281,983
|
5.76%, 10/22/2029(1)
|
283,336
|
|
|
1,767,957
|
6.40%, 03/20/2030(1)
|
1,794,496
|
|
|
|
Ford Credit Auto Lease Trust
|
|
|
|
3,830,000
|
4.37%, 03/15/2028
|
3,844,367
|
|
|
1,446,589
|
5.06%, 05/15/2027
|
1,450,186
|
|
|
|
Ford Credit Auto Owner Trust
|
|
|
|
1,025,000
|
3.91%, 04/15/2030
|
1,024,720
|
|
|
2,242,933
|
3.93%, 08/15/2027
|
2,241,794
|
|
|
2,495,000
|
4.47%, 12/15/2027
|
2,500,893
|
|
|
469,416
|
4.59%, 10/15/2027
|
470,373
|
|
|
2,500,000
|
4.85%, 08/15/2035(1)
|
2,544,063
|
|
|
|
Ford Credit Floorplan Master Owner Trust A
|
|
|
|
935,000
|
4.63%, 04/15/2030
|
948,185
|
|
|
1,600,000
|
4.92%, 05/15/2028(1)
|
1,607,493
|
|
|
299,806
|
Foursight Capital Automobile Receivables Trust
5.99%, 05/15/2028(1)
|
301,122
|
|
|
Shares or Principal Amount
|
|
Market Value†
|
|
|
ASSET & COMMERCIAL MORTGAGE-BACKED SECURITIES - 38.4% - (continued)
|
|||
|
|
Asset-Backed - Automobile - 26.9% - (continued)
|
||
|
$ 411,332
|
GLS Auto Receivables Issuer Trust 4.72%,
04/15/2026(1)
|
$411,385
|
|
|
321,875
|
GLS Auto Select Receivables Trust 6.37%,
06/15/2028(1)
|
323,992
|
|
|
|
GM Financial Automobile Leasing Trust
|
|
|
|
940,000
|
4.19%, 10/20/2027
|
942,598
|
|
|
250,000
|
4.22%, 10/20/2028
|
250,733
|
|
|
1,115,000
|
4.58%, 05/22/2028
|
1,125,289
|
|
|
370,461
|
5.38%, 11/20/2026
|
370,872
|
|
|
|
GM Financial Consumer Automobile
Receivables Trust
|
|
|
|
1,295,000
|
4.32%, 06/16/2028
|
1,299,478
|
|
|
387,021
|
4.40%, 02/16/2028
|
387,625
|
|
|
1,474,172
|
4.66%, 02/16/2028
|
1,477,751
|
|
|
1,872
|
5.12%, 02/16/2027
|
1,872
|
|
|
121,366
|
5.33%, 03/16/2027
|
121,461
|
|
|
3,963,172
|
5.45%, 06/16/2028
|
3,995,721
|
|
|
2,640,000
|
GMF Floorplan Owner Revolving Trust 4.59%,
03/15/2029(1)
|
2,660,868
|
|
|
|
Honda Auto Receivables Owner Trust
|
|
|
|
300,000
|
3.76%, 12/18/2028
|
299,632
|
|
|
2,011,000
|
4.19%, 03/21/2028
|
2,016,709
|
|
|
730,000
|
4.30%, 01/18/2028
|
731,121
|
|
|
1,927,841
|
5.21%, 08/15/2028
|
1,946,065
|
|
|
48,932
|
Huntington Auto Trust 5.50%, 03/15/2027(1)
|
48,951
|
|
|
|
Hyundai Auto Lease Securitization Trust
|
|
|
|
225,000
|
4.37%, 01/18/2028(1)
|
226,058
|
|
|
725,000
|
4.58%, 09/15/2027(1)
|
728,269
|
|
|
1,904,812
|
4.77%, 03/15/2027(1)
|
1,909,705
|
|
|
1,925,000
|
4.83%, 01/18/2028(1)
|
1,946,694
|
|
|
1,390,417
|
5.02%, 03/15/2027(1)
|
1,394,307
|
|
|
|
Hyundai Auto Receivables Trust
|
|
|
|
572,017
|
2.35%, 04/17/2028
|
569,767
|
|
|
1,265,000
|
3.88%, 04/15/2030
|
1,263,562
|
|
|
1,625,000
|
4.32%, 10/15/2029
|
1,637,412
|
|
|
1,165,000
|
4.45%, 08/15/2028
|
1,169,675
|
|
|
1,545,000
|
LAD Auto Receivables Trust 4.30%,
07/17/2028(1)
|
1,547,523
|
|
|
428,285
|
M&T Bank Auto Receivables Trust 4.63%,
05/15/2028(1)
|
429,511
|
|
|
|
Mercedes-Benz Auto Lease Trust
|
|
|
|
725,000
|
4.23%, 02/15/2028
|
726,707
|
|
|
595,000
|
4.61%, 04/16/2029
|
603,297
|
|
|
179,089
|
4.74%, 01/15/2027
|
179,183
|
|
|
396,278
|
Mercedes-Benz Auto Receivables Trust 4.51%,
11/15/2027
|
396,984
|
|
|
|
Nissan Auto Lease Trust
|
|
|
|
2,500,000
|
4.91%, 04/15/2027
|
2,509,753
|
|
|
383,544
|
5.11%, 10/15/2026
|
383,781
|
|
|
|
Nissan Auto Receivables Owner Trust
|
|
|
|
2,136,000
|
2.07%, 12/17/2029
|
2,121,559
|
|
|
1,805,000
|
4.49%, 12/17/2029
|
1,826,536
|
|
|
|
Porsche Financial Auto Securitization Trust
|
|
|
|
2,098,000
|
4.44%, 01/22/2030(1)
|
2,109,283
|
|
|
651,756
|
5.79%, 01/22/2029(1)
|
657,711
|
|
|
|
Porsche Innovative Lease Owner Trust
|
|
|
|
2,540,000
|
4.61%, 10/20/2028(1)
|
2,569,110
|
|
|
2,575,000
|
4.67%, 11/22/2027(1)
|
2,588,149
|
|
|
2,575,000
|
Santander Drive Auto Receivables Trust 4.63%,
10/16/2028
|
2,583,002
|
|
|
|
SBNA Auto Lease Trust
|
|
|
|
430,046
|
4.68%, 04/20/2027(1)
|
430,758
|
|
|
34,052
|
4.94%, 11/20/2026(1)
|
34,068
|
|
|
505,418
|
5.39%, 11/20/2026(1)
|
506,966
|
|
|
|
46
|
|
|
Shares or Principal Amount
|
|
Market Value†
|
|
|
ASSET & COMMERCIAL MORTGAGE-BACKED SECURITIES - 38.4% - (continued)
|
|||
|
|
Asset-Backed - Automobile - 26.9% - (continued)
|
||
|
$ 2,075,000
|
5.55%, 12/20/2028(1)
|
$2,106,817
|
|
|
710,000
|
SCCU Auto Receivables Trust 4.67%,
11/15/2028(1)
|
712,417
|
|
|
|
SFS Auto Receivables Securitization Trust
|
|
|
|
925,000
|
4.44%, 12/20/2030(1)
|
932,250
|
|
|
2,500,000
|
4.55%, 06/20/2030(1)
|
2,514,344
|
|
|
400,186
|
4.65%, 05/22/2028(1)
|
400,794
|
|
|
|
Stellantis Financial Underwritten Enhanced
Lease Trust
|
|
|
|
2,790,000
|
4.31%, 05/22/2028(1)
|
2,801,194
|
|
|
2,700,000
|
4.47%, 07/20/2028(1)
|
2,718,042
|
|
|
189,865
|
Tesla Electric Vehicle Trust 5.54%, 12/21/2026(1)
|
190,048
|
|
|
|
Toyota Auto Receivables Owner Trust
|
|
|
|
1,295,000
|
4.29%, 06/15/2028
|
1,298,918
|
|
|
1,005,000
|
4.46%, 03/15/2028
|
1,007,527
|
|
|
812,241
|
5.41%, 03/15/2027
|
813,263
|
|
|
|
Toyota Lease Owner Trust
|
|
|
|
1,085,000
|
3.96%, 11/20/2028(1)
|
1,085,915
|
|
|
1,625,000
|
4.21%, 09/20/2027(1)
|
1,629,038
|
|
|
196,417
|
4.31%, 02/22/2027(1)
|
196,515
|
|
|
650,000
|
5.26%, 06/20/2028(1)
|
655,673
|
|
|
1,750,000
|
USAA Auto Owner Trust 4.97%, 12/17/2029(1)
|
1,776,390
|
|
|
480,000
|
USB Auto Owner Trust 4.51%, 06/15/2028(1)
|
481,644
|
|
|
|
Volkswagen Auto Lease Trust
|
|
|
|
1,395,000
|
4.01%, 01/22/2029
|
1,396,917
|
|
|
2,280,000
|
4.43%, 12/20/2027
|
2,291,449
|
|
|
944,104
|
Volkswagen Auto Loan Enhanced Trust 4.65%,
11/22/2027
|
946,389
|
|
|
119,198
|
Westlake Automobile Receivables Trust 5.89%,
02/16/2027(1)
|
119,426
|
|
|
270,000
|
Westlake Flooring Master Trust 5.43%,
02/15/2028(1)
|
271,040
|
|
|
|
Wheels Fleet Lease Funding 1 LLC
|
|
|
|
1,915,000
|
4.57%, 01/18/2040(1)
|
1,930,959
|
|
|
189,610
|
4.87%, 06/21/2039(1)
|
191,555
|
|
|
850,507
|
5.80%, 04/18/2038(1)
|
856,841
|
|
|
499,548
|
6.46%, 08/18/2038(1)
|
506,567
|
|
|
|
World Omni Auto Receivables Trust
|
|
|
|
2,700,000
|
1.90%, 03/15/2028
|
2,676,077
|
|
|
2,500,000
|
3.44%, 03/15/2028
|
2,490,366
|
|
|
|
World Omni Automobile Lease Securitization
Trust
|
|
|
|
2,660,000
|
4.42%, 04/17/2028
|
2,679,994
|
|
|
2,525,000
|
5.25%, 09/17/2029
|
2,564,090
|
|
|
|
|
|
135,700,683
|
|
|
Asset-Backed - Credit Card - 0.4%
|
||
|
2,260,000
|
WF Card Issuance Trust 4.34%, 05/15/2030
|
2,284,153
|
|
|
|
Other Asset-Backed Securities - 8.1%
|
||
|
108,518
|
Amur Equipment Finance Receivables XI LLC
5.30%, 06/21/2028(1)
|
108,783
|
|
|
765,454
|
Amur Equipment Finance Receivables XII LLC
6.09%, 12/20/2029(1)
|
773,000
|
|
|
1,348,930
|
Amur Equipment Finance Receivables XIII LLC
5.38%, 01/21/2031(1)
|
1,363,923
|
|
|
2,590,000
|
Amur Equipment Finance Receivables XV LLC
4.70%, 09/22/2031(1)
|
2,613,770
|
|
|
2,696,997
|
Apidos CLO XXXII Ltd. 5.43%, 01/20/2033,
3 mo. USD Term SOFR + 1.10%(1)(2)
|
2,698,295
|
|
|
211,315
|
Auxilior Term Funding LLC 6.18%, 12/15/2028(1)
|
212,857
|
|
|
2,610,000
|
Bain Capital Credit CLO Ltd. 5.53%,
10/23/2034, 3 mo. USD Term SOFR +
1.21%(1)(2)
|
2,614,270
|
|
|
Shares or Principal Amount
|
|
Market Value†
|
|
|
ASSET & COMMERCIAL MORTGAGE-BACKED SECURITIES - 38.4% - (continued)
|
|||
|
|
Other Asset-Backed Securities - 8.1% - (continued)
|
||
|
$ 450,000
|
Benefit Street Partners CLO XXIII Ltd. 5.42%,
04/25/2034, 3 mo. USD Term SOFR +
1.10%(1)(2)
|
$450,782
|
|
|
|
CCG Receivables Trust
|
|
|
|
44,978
|
3.91%, 07/16/2029(1)
|
44,967
|
|
|
415,000
|
4.48%, 10/14/2032(1)
|
417,230
|
|
|
330,491
|
5.82%, 09/16/2030(1)
|
332,235
|
|
|
|
CNH Equipment Trust
|
|
|
|
1,000,208
|
4.30%, 02/18/2028
|
1,000,495
|
|
|
1,660,000
|
4.30%, 08/15/2028
|
1,663,101
|
|
|
1,735,000
|
4.37%, 11/15/2028
|
1,742,583
|
|
|
85,984
|
5.19%, 07/15/2027
|
86,016
|
|
|
171,450
|
5.42%, 10/15/2027
|
171,887
|
|
|
122,700
|
Dell Equipment Finance Trust 5.58%,
03/22/2030(1)
|
122,851
|
|
|
585,726
|
Dext ABS LLC 6.56%, 05/15/2034(1)
|
590,174
|
|
|
2,061,578
|
DLLAA LLC 4.70%, 10/20/2027(1)
|
2,069,030
|
|
|
313,036
|
DLLAD LLC 5.50%, 08/20/2027(1)
|
314,669
|
|
|
1,300,000
|
Elmwood CLO 15 Ltd. 5.41%, 04/22/2035, 3 mo.
USD Term SOFR + 1.15%(1)(2)
|
1,300,861
|
|
|
486,899
|
GreatAmerica Leasing Receivables
Funding LLC 5.32%, 08/17/2026(1)
|
487,925
|
|
|
990,113
|
HPEFS Equipment Trust 5.18%, 05/20/2031(1)
|
992,123
|
|
|
|
John Deere Owner Trust
|
|
|
|
925,000
|
4.28%, 07/17/2028
|
929,040
|
|
|
505,789
|
4.36%, 08/16/2027
|
506,096
|
|
|
|
Kubota Credit Owner Trust
|
|
|
|
380,000
|
4.48%, 04/17/2028(1)
|
382,102
|
|
|
2,735,000
|
4.61%, 12/15/2027(1)
|
2,746,388
|
|
|
951,827
|
5.28%, 01/18/2028(1)
|
959,732
|
|
|
472,562
|
5.39%, 01/15/2027(1)
|
473,641
|
|
|
455,960
|
Madison Park Funding XXIV Ltd. 5.45%,
10/20/2029, 3 mo. USD Term SOFR +
1.12%(1)(2)
|
455,968
|
|
|
|
MMAF Equipment Finance LLC
|
|
|
|
1,043,762
|
5.20%, 09/13/2027(1)
|
1,047,139
|
|
|
223,837
|
5.79%, 11/13/2026(1)
|
224,322
|
|
|
1,064,000
|
NYCTL Trust 4.84%, 11/10/2038(1)
|
1,063,706
|
|
|
768,907
|
Octagon Investment Partners 36 Ltd. 5.55%,
04/15/2031, 3 mo. USD Term SOFR +
1.23%(1)(2)
|
769,026
|
|
|
875,786
|
Octagon Investment Partners 39 Ltd. 5.48%,
10/20/2030, 3 mo. USD Term SOFR +
1.15%(1)(2)
|
875,672
|
|
|
17,640
|
Octagon Investment Partners XVII Ltd. 5.58%,
01/25/2031, 3 mo. USD Term SOFR +
1.26%(1)(2)
|
17,635
|
|
|
1,100,000
|
PFS Financing Corp. 4.85%, 02/15/2030(1)
|
1,117,983
|
|
|
2,750,000
|
Rad CLO 7 Ltd. 5.67%, 04/17/2036, 3 mo. USD
Term SOFR + 1.35%(1)(2)
|
2,753,218
|
|
|
116,593
|
SCF Equipment Trust LLC 4.82%, 07/22/2030(1)
|
116,966
|
|
|
|
Volvo Financial Equipment LLC
|
|
|
|
660,000
|
3.96%, 06/15/2028(1)
|
659,864
|
|
|
810,000
|
4.29%, 10/16/2028(1)
|
813,354
|
|
|
395,000
|
4.41%, 11/15/2027(1)
|
395,838
|
|
|
2,334,835
|
Voya CLO Ltd. 5.53%, 07/20/2032, 3 mo. USD
Term SOFR + 1.20%(1)(2)
|
2,336,416
|
|
|
|
|
|
40,815,933
|
|
|
Whole Loan Collateral CMO - 3.0%
|
||
|
431,407
|
Angel Oak Mortgage Trust 2.53%,
01/26/2065(1)(3)
|
410,212
|
|
|
|
BRAVO Residential Funding Trust
|
|
|
|
205,332
|
0.94%, 02/25/2049(1)(3)
|
192,569
|
|
|
|
47
|
|
|
Shares or Principal Amount
|
|
Market Value†
|
|
|
ASSET & COMMERCIAL MORTGAGE-BACKED SECURITIES - 38.4% - (continued)
|
|||
|
|
Whole Loan Collateral CMO - 3.0% - (continued)
|
||
|
$ 152,679
|
0.97%, 03/25/2060(1)(3)
|
$148,755
|
|
|
702,423
|
1.70%, 04/25/2060(1)(3)
|
654,921
|
|
|
62,595
|
Bunker Hill Loan Depositary Trust 2.72%,
11/25/2059(1)(4)
|
62,062
|
|
|
|
COLT Mortgage Loan Trust
|
|
|
|
1,345,188
|
1.11%, 10/25/2066(1)(3)
|
1,165,112
|
|
|
257,669
|
1.33%, 10/26/2065(1)(3)
|
242,161
|
|
|
1,602,820
|
1.40%, 10/25/2066(1)(3)
|
1,376,500
|
|
|
17,486
|
1.51%, 04/27/2065(1)(3)
|
17,266
|
|
|
780,210
|
1.73%, 11/26/2066(1)(3)
|
707,537
|
|
|
899,705
|
CSMC Trust 3.57%, 07/25/2049(1)(4)
|
873,669
|
|
|
|
Ellington Financial Mortgage Trust
|
|
|
|
348,505
|
0.93%, 06/25/2066(1)(3)
|
293,091
|
|
|
28,729
|
2.74%, 11/25/2059(1)(3)
|
27,416
|
|
|
|
GCAT Trust
|
|
|
|
2,277,407
|
1.26%, 07/25/2066(1)(3)
|
1,930,751
|
|
|
449,600
|
1.92%, 08/25/2066(1)(3)
|
418,800
|
|
|
|
MFA Trust
|
|
|
|
149,647
|
1.01%, 01/26/2065(1)(3)
|
142,209
|
|
|
379,041
|
1.03%, 11/25/2064(1)(3)
|
335,326
|
|
|
|
New Residential Mortgage Loan Trust
|
|
|
|
1,030,652
|
1.16%, 11/27/2056(1)(3)
|
912,690
|
|
|
309,008
|
4.00%, 08/27/2057(1)(3)
|
300,896
|
|
|
|
OBX Trust
|
|
|
|
22,245
|
4.92%, 06/25/2057, 1 mo. USD Term SOFR +
0.76%(1)(2)
|
21,805
|
|
|
333,652
|
5.12%, 06/25/2064(1)
|
334,219
|
|
|
1,393,456
|
5.45%, 05/25/2065(1)(4)
|
1,397,600
|
|
|
11,228
|
Residential Mortgage Loan Trust 2.38%,
01/26/2060(1)(3)
|
11,150
|
|
|
1,601,977
|
SG Residential Mortgage Trust 1.16%,
07/25/2061(1)(3)
|
1,348,408
|
|
|
|
Starwood Mortgage Residential Trust
|
|
|
|
141,548
|
0.94%, 05/25/2065(1)(3)
|
133,923
|
|
|
26,595
|
2.28%, 02/25/2050(1)(3)
|
25,452
|
|
|
|
Towd Point Mortgage Trust
|
|
|
|
230,644
|
2.75%, 06/25/2057(1)(3)
|
225,936
|
|
|
274,230
|
3.75%, 03/25/2058(1)(3)
|
272,315
|
|
|
|
Verus Securitization Trust
|
|
|
|
887,906
|
1.63%, 10/25/2066(1)(3)
|
779,389
|
|
|
340,241
|
5.45%, 05/25/2070(1)(4)
|
342,943
|
|
|
|
|
|
15,105,083
|
|
|
Total Asset & Commercial Mortgage-Backed
Securities
(cost $194,875,458)
|
$193,905,852
|
|
|
CORPORATE BONDS - 25.2%
|
|||
|
|
Aerospace & Defense - 0.2%
|
||
|
900,000
|
Northrop Grumman Systems Corp. 7.75%,
03/15/2026
|
$905,572
|
|
|
|
Auto Manufacturers - 3.2%
|
||
|
|
American Honda Finance Corp.
|
|
|
|
1,125,000
|
4.55%, 07/09/2027
|
1,134,150
|
|
|
1,400,000
|
4.95%, 01/09/2026
|
1,402,662
|
|
|
|
BMW U.S. Capital LLC
|
|
|
|
1,550,000
|
4.15%, 08/11/2027(1)
|
1,551,890
|
|
|
2,650,000
|
4.65%, 08/13/2026(1)
|
2,664,105
|
|
|
|
Daimler Truck Finance North America LLC
|
|
|
|
1,550,000
|
4.30%, 08/12/2027(1)
|
1,553,842
|
|
|
565,000
|
5.15%, 01/16/2026(1)
|
566,124
|
|
|
|
Hyundai Capital America
|
|
|
|
1,650,000
|
5.45%, 06/24/2026(1)
|
1,663,433
|
|
|
Shares or Principal Amount
|
|
Market Value†
|
|
|
CORPORATE BONDS - 25.2% - (continued)
|
|||
|
|
Auto Manufacturers - 3.2% - (continued)
|
||
|
$ 1,000,000
|
6.25%, 11/03/2025(1)
|
$1,001,452
|
|
|
2,525,000
|
Mercedes-Benz Finance North America LLC
4.88%, 07/31/2026(1)
|
2,541,968
|
|
|
1,900,000
|
Toyota Motor Credit Corp. 4.50%, 05/14/2027
|
1,917,148
|
|
|
|
|
|
15,996,774
|
|
|
Beverages - 0.1%
|
||
|
730,000
|
Diageo Capital PLC 5.20%, 10/24/2025
|
730,390
|
|
|
|
Chemicals - 0.1%
|
||
|
580,000
|
Nutrien Ltd. 5.95%, 11/07/2025
|
580,656
|
|
|
|
Commercial Banks - 9.8%
|
||
|
1,600,000
|
ABN AMRO Bank NV 6.34%, 09/18/2027,
(6.34% fixed rate until 09/18/2026; 1 yr. USD
CMT + 1.65% thereafter)(1)(5)
|
1,631,102
|
|
|
|
Bank of America Corp.
|
|
|
|
1,285,000
|
4.62%, 05/09/2029, (4.62% fixed rate until
05/09/2028; 6 mo. USD SOFR + 1.11%
thereafter)(5)
|
1,300,920
|
|
|
925,000
|
5.08%, 01/20/2027, (5.08% fixed rate until
01/20/2026; 6 mo. USD SOFR + 1.29%
thereafter)(5)
|
926,699
|
|
|
|
Banque Federative du Credit Mutuel SA
|
|
|
|
1,250,000
|
4.94%, 01/26/2026(1)
|
1,252,255
|
|
|
875,000
|
5.90%, 07/13/2026(1)
|
886,962
|
|
|
950,000
|
Barclays PLC 7.33%, 11/02/2026, (7.33% fixed
rate until 11/02/2025; 1 yr. USD CMT + 3.05%
thereafter)(5)
|
952,187
|
|
|
1,125,000
|
BPCE SA 5.20%, 01/18/2027(1)
|
1,139,334
|
|
|
1,210,000
|
Canadian Imperial Bank of Commerce 5.24%,
06/28/2027
|
1,234,126
|
|
|
|
Citibank NA
|
|
|
|
1,625,000
|
4.93%, 08/06/2026
|
1,636,970
|
|
|
2,400,000
|
5.44%, 04/30/2026
|
2,416,217
|
|
|
2,575,000
|
Cooperatieve Rabobank UA 4.37%, 05/27/2027
|
2,593,483
|
|
|
2,190,000
|
Credit Agricole SA 5.59%, 07/05/2026(1)
|
2,214,100
|
|
|
1,675,000
|
Goldman Sachs Bank USA 5.41%, 05/21/2027,
(5.41% fixed rate until 05/21/2026; 6 mo.
USD SOFR + 0.75% thereafter)(5)
|
1,687,858
|
|
|
1,250,000
|
HSBC Holdings PLC 7.34%, 11/03/2026, (7.34%
fixed rate until 11/03/2025; 6 mo. USD SOFR
+ 3.03% thereafter)(5)
|
1,252,965
|
|
|
780,000
|
Lloyds Banking Group PLC 5.46%, 01/05/2028,
(5.46% fixed rate until 01/05/2027; 1 yr. USD
CMT + 1.38% thereafter)(5)
|
791,622
|
|
|
|
Manufacturers & Traders Trust Co.
|
|
|
|
2,310,000
|
4.65%, 01/27/2026
|
2,311,845
|
|
|
1,850,000
|
5.40%, 11/21/2025
|
1,851,107
|
|
|
1,225,000
|
Morgan Stanley 5.05%, 01/28/2027, (5.05%
fixed rate until 01/28/2026; 6 mo. USD SOFR
+ 1.30% thereafter)(5)
|
1,227,609
|
|
|
1,250,000
|
Morgan Stanley Bank NA 4.75%, 04/21/2026
|
1,253,460
|
|
|
1,225,000
|
National Australia Bank Ltd. 4.97%, 01/12/2026
|
1,227,825
|
|
|
|
PNC Bank NA
|
|
|
|
1,000,000
|
4.54%, 05/13/2027, (4.54% fixed rate until
05/13/2026; 6 mo. USD SOFR + 0.63%
thereafter)(5)
|
1,001,552
|
|
|
1,600,000
|
4.78%, 01/15/2027, (4.78% fixed rate until
01/15/2026; 6 mo. USD SOFR + 0.50%
thereafter)(5)
|
1,601,920
|
|
|
875,000
|
Royal Bank of Canada 5.20%, 07/20/2026
|
883,074
|
|
|
925,000
|
Societe Generale SA 6.45%, 01/12/2027,
(6.45% fixed rate until 01/12/2026; 1 yr. USD
CMT + 2.30% thereafter)(1)(5)
|
929,496
|
|
|
|
48
|
|
|
Shares or Principal Amount
|
|
Market Value†
|
|
|
CORPORATE BONDS - 25.2% - (continued)
|
|||
|
|
Commercial Banks - 9.8% - (continued)
|
||
|
$ 1,225,000
|
Standard Chartered PLC 6.17%, 01/09/2027,
(6.17% fixed rate until 01/09/2026; 1 yr. USD
CMT + 2.05% thereafter)(1)(5)
|
$1,230,463
|
|
|
1,500,000
|
State Street Corp. 5.75%, 11/04/2026, (5.75%
fixed rate until 11/04/2025; 6 mo. USD SOFR
+ 1.35% thereafter)(5)
|
1,501,752
|
|
|
1,950,000
|
Swedbank AB 6.14%, 09/12/2026(1)
|
1,986,305
|
|
|
925,000
|
Toronto-Dominion Bank 5.10%, 01/09/2026
|
927,033
|
|
|
2,575,000
|
Truist Bank 4.67%, 05/20/2027, (4.67% fixed
rate until 05/20/2026; 6 mo. USD SOFR +
0.59% thereafter)(5)
|
2,580,530
|
|
|
1,250,000
|
Truist Financial Corp. 5.90%, 10/28/2026,
(5.90% fixed rate until 09/28/2026; 6 mo.
USD SOFR + 1.63% thereafter)(5)
|
1,251,035
|
|
|
|
UBS AG
|
|
|
|
2,725,000
|
1.25%, 06/01/2026
|
2,675,089
|
|
|
1,575,000
|
4.86%, 01/10/2028, (4.86% fixed rate until
01/10/2027; 6 mo. USD SOFR + 0.72%
thereafter)(5)
|
1,588,344
|
|
|
1,700,000
|
Wells Fargo Bank NA 4.81%, 01/15/2026
|
1,702,428
|
|
|
|
|
|
49,647,667
|
|
|
Electric - 2.1%
|
||
|
1,310,000
|
Alliant Energy Finance LLC 5.40%,
06/06/2027(1)
|
1,326,159
|
|
|
467,416
|
Consumers Securitization Funding LLC 5.55%,
03/01/2028
|
473,381
|
|
|
815,000
|
DTE Electric Co. 4.25%, 05/14/2027
|
819,063
|
|
|
1,459,000
|
Emera U.S. Finance LP 3.55%, 06/15/2026
|
1,450,360
|
|
|
500,000
|
FirstEnergy Pennsylvania Electric Co. 5.15%,
03/30/2026(1)
|
501,392
|
|
|
2,625,000
|
Georgia Power Co. 4.46%, 09/15/2026, 3 mo.
USD SOFR + 0.28%(2)
|
2,625,350
|
|
|
2,170,000
|
NYSEG Storm Funding LLC 4.71%, 05/01/2029
|
2,187,594
|
|
|
1,000,000
|
Southern Co. 5.15%, 10/06/2025
|
1,000,080
|
|
|
|
|
|
10,383,379
|
|
|
Food - 0.5%
|
||
|
2,565,000
|
Mars, Inc. 4.45%, 03/01/2027(1)
|
2,583,093
|
|
|
|
Gas - 0.3%
|
||
|
535,000
|
Southern Co. Gas Capital Corp. 4.05%,
09/15/2028
|
534,425
|
|
|
1,000,000
|
Spire, Inc. 5.30%, 03/01/2026
|
1,004,215
|
|
|
|
|
|
1,538,640
|
|
|
Healthcare - Products - 0.3%
|
||
|
1,575,000
|
Stryker Corp. 4.55%, 02/10/2027
|
1,587,970
|
|
|
|
Healthcare - Services - 1.4%
|
||
|
4,150,000
|
PeaceHealth Obligated Group 1.38%,
11/15/2025
|
4,134,154
|
|
|
|
UnitedHealth Group, Inc.
|
|
|
|
1,300,000
|
4.75%, 07/15/2026
|
1,307,235
|
|
|
1,395,000
|
5.15%, 10/15/2025
|
1,395,306
|
|
|
|
|
|
6,836,695
|
|
|
Insurance - 3.2%
|
||
|
|
Athene Global Funding
|
|
|
|
1,600,000
|
4.86%, 08/27/2026(1)
|
1,610,379
|
|
|
2,480,000
|
5.68%, 02/23/2026(1)
|
2,491,234
|
|
|
725,000
|
Corebridge Global Funding 5.75%,
07/02/2026(1)
|
733,651
|
|
|
360,000
|
Equitable America Global Funding 3.95%,
09/15/2027(1)
|
359,364
|
|
|
1,540,000
|
Equitable Financial Life Global Funding 5.50%,
12/02/2025(1)
|
1,542,959
|
|
|
Shares or Principal Amount
|
|
Market Value†
|
|
|
CORPORATE BONDS - 25.2% - (continued)
|
|||
|
|
Insurance - 3.2% - (continued)
|
||
|
$ 585,000
|
F&G Global Funding 4.65%, 09/08/2028(1)
|
$587,071
|
|
|
|
Jackson National Life Global Funding
|
|
|
|
1,225,000
|
5.50%, 01/09/2026(1)
|
1,227,936
|
|
|
775,000
|
5.55%, 07/02/2027(1)
|
791,821
|
|
|
1,200,000
|
Lincoln Financial Global Funding 4.63%,
05/28/2028(1)
|
1,212,325
|
|
|
1,225,000
|
Metropolitan Life Global Funding I 5.00%,
01/06/2026(1)
|
1,227,098
|
|
|
1,250,000
|
Pacific Life Global Funding II 5.50%,
08/28/2026(1)
|
1,266,764
|
|
|
1,500,000
|
Principal Life Global Funding II 3.00%,
04/18/2026(1)
|
1,489,746
|
|
|
1,525,000
|
Protective Life Global Funding 5.37%,
01/06/2026(1)
|
1,529,015
|
|
|
|
|
|
16,069,363
|
|
|
Lodging - 0.3%
|
||
|
1,525,000
|
Marriott International, Inc. 4.20%, 07/15/2027
|
1,529,723
|
|
|
|
Machinery - Construction & Mining - 0.3%
|
||
|
1,575,000
|
Caterpillar Financial Services Corp. 4.50%,
01/07/2027
|
1,586,807
|
|
|
|
Machinery-Diversified - 0.3%
|
||
|
1,575,000
|
John Deere Capital Corp. 4.50%, 01/08/2027
|
1,587,417
|
|
|
|
Mining - 0.4%
|
||
|
2,275,000
|
Rio Tinto Finance USA PLC 4.38%, 03/12/2027
|
2,289,675
|
|
|
|
Pharmaceuticals - 0.3%
|
||
|
460,000
|
Bayer U.S. Finance LLC 6.13%, 11/21/2026(1)
|
467,952
|
|
|
1,225,000
|
CVS Health Corp. 5.00%, 02/20/2026
|
1,226,752
|
|
|
|
|
|
1,694,704
|
|
|
Pipelines - 1.2%
|
||
|
245,000
|
Columbia Pipelines Holding Co. LLC 6.06%,
08/15/2026(1)
|
248,299
|
|
|
925,000
|
Enterprise Products Operating LLC 5.05%,
01/10/2026
|
926,852
|
|
|
1,100,000
|
Gray Oak Pipeline LLC 2.60%, 10/15/2025(1)
|
1,098,944
|
|
|
2,050,000
|
ONEOK, Inc. 5.55%, 11/01/2026
|
2,075,967
|
|
|
1,700,000
|
Williams Cos., Inc. 5.40%, 03/02/2026
|
1,707,655
|
|
|
|
|
|
6,057,717
|
|
|
Retail - 0.2%
|
||
|
800,000
|
AutoZone, Inc. 5.05%, 07/15/2026
|
805,999
|
|
|
|
Semiconductors - 0.2%
|
||
|
885,000
|
Intel Corp. 4.88%, 02/10/2026
|
886,786
|
|
|
|
Software - 0.1%
|
||
|
275,000
|
Oracle Corp. 5.80%, 11/10/2025
|
275,388
|
|
|
|
Telecommunications - 0.5%
|
||
|
2,575,000
|
NTT Finance Corp. 4.57%, 07/16/2027(1)
|
2,593,569
|
|
|
|
Trucking & Leasing - 0.2%
|
||
|
1,000,000
|
Penske Truck Leasing Co. LP/PTL Finance
Corp. 5.75%, 05/24/2026(1)
|
1,007,925
|
|
|
|
Total Corporate Bonds
(cost $126,488,890)
|
$127,175,909
|
|
|
U.S. GOVERNMENT AGENCIES - 5.1%
|
|||
|
|
Mortgage-Backed Agencies - 5.1%
|
||
|
|
Federal Home Loan Mortgage Corp. - 1.4%
|
||
|
311,726
|
1.00%, 05/15/2041
|
$290,851
|
|
|
10,679
|
1.75%, 04/15/2027
|
10,615
|
|
|
|
49
|
|
|
Shares or Principal Amount
|
|
Market Value†
|
|
|
U.S. GOVERNMENT AGENCIES - 5.1% - (continued)
|
|||
|
|
Mortgage-Backed Agencies - 5.1% - (continued)
|
||
|
|
Federal Home Loan Mortgage Corp. - 1.4% - (continued)
|
||
|
$ 1,247,741
|
3.00%, 10/15/2045
|
$1,222,888
|
|
|
5,882
|
3.50%, 11/15/2025
|
5,868
|
|
|
165,229
|
3.50%, 05/15/2026
|
164,651
|
|
|
873,363
|
4.00%, 03/15/2037
|
871,018
|
|
|
4,448,111
|
5.00%, 03/25/2043
|
4,431,053
|
|
|
|
|
|
6,996,944
|
|
|
Federal National Mortgage Association - 0.4%
|
||
|
271,369
|
1.75%, 09/25/2041
|
260,710
|
|
|
29,382
|
3.50%, 08/25/2026
|
29,267
|
|
|
184,074
|
3.50%, 11/01/2034
|
183,162
|
|
|
171,234
|
3.50%, 11/25/2038
|
170,379
|
|
|
37,519
|
4.00%, 09/25/2039
|
37,399
|
|
|
716,104
|
4.00%, 07/25/2040
|
714,049
|
|
|
674,280
|
4.00%, 06/25/2041
|
671,992
|
|
|
|
|
|
2,066,958
|
|
|
Government National Mortgage Association - 3.3%
|
||
|
1,868,466
|
2.00%, 12/16/2040
|
1,759,898
|
|
|
1,205,857
|
2.00%, 06/16/2041
|
1,155,561
|
|
|
3,538,160
|
2.25%, 12/20/2039
|
3,426,308
|
|
|
2,379,027
|
2.25%, 02/20/2044
|
2,306,364
|
|
|
253,251
|
2.50%, 09/20/2046
|
244,456
|
|
|
462,649
|
3.50%, 01/20/2052
|
458,164
|
|
|
7,529,886
|
4.50%, 11/20/2043
|
7,531,477
|
|
|
|
|
|
16,882,228
|
|
|
Total U.S. Government Agencies
(cost $25,613,330)
|
|
$25,946,130
|
|
U.S. GOVERNMENT SECURITIES - 14.7%
|
|||
|
|
U.S. Treasury Securities - 14.7%
|
||
|
|
U.S. Treasury Notes - 14.7%
|
||
|
25,600,000
|
0.38%, 11/30/2025
|
$25,444,000
|
|
|
27,625,000
|
1.38%, 08/31/2026
|
27,040,774
|
|
|
11,600,000
|
2.88%, 08/15/2028
|
11,363,016
|
|
|
10,125,000
|
3.63%, 08/31/2027
|
10,124,604
|
|
|
|
Total U.S. Government Securities
(cost $73,610,104)
|
|
$73,972,394
|
|
|
Total Long-Term Investments
(cost $420,587,782)
|
|
$421,000,285
|
|
SHORT-TERM INVESTMENTS - 14.7%
|
|||
|
|
Repurchase Agreements - 0.4%
|
||
|
1,930,751
|
Fixed Income Clearing Corp. Repurchase
Agreement dated 09/30/2025 at 4.20%,
due on 10/01/2025 with a maturity value of
$1,930,976; collateralized by U.S. Treasury
Note at 3.88%, maturing 09/30/2032, with
a market value of $1,969,486
|
$1,930,751
|
|
|
|
U.S. Treasury Securities - 14.3%
|
||
|
|
U.S. Treasury Bills - 14.3%
|
||
|
15,700,000
|
3.86%, 01/13/2026(6)
|
15,526,591
|
|
|
Shares or Principal Amount
|
|
Market Value†
|
|
|
SHORT-TERM INVESTMENTS - 14.7% - (continued)
|
|||
|
|
U.S. Treasury Securities - 14.3% - (continued)
|
||
|
|
U.S. Treasury Bills - 14.3 - (continued)
|
||
|
$ 30,375,000
|
3.95%, 02/19/2026(6)
|
$29,930,332
|
|
|
21,500,000
|
4.07%, 10/23/2025(6)
|
21,444,856
|
|
|
5,525,000
|
4.08%, 12/26/2025(6)
|
5,474,156
|
|
|
|
|
|
72,375,935
|
|
|
Total Short-Term Investments
(cost $74,280,597)
|
$74,306,686
|
|
|
|
Total Investments
(cost $494,868,379)
|
98.1
%
|
$495,306,971
|
|
|
Other Assets and Liabilities
|
1.9
%
|
9,618,498
|
|
|
Net Assets
|
100.0
%
|
$504,925,469
|
|
(1)
|
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 September 30, 2025, the aggregate value of these securities was
$163,088,328, representing 32.3% of net assets.
|
|
(2)
|
Variable rate securities; the rate reported is the coupon rate in effect at September
30, 2025. Base lending rates may be subject to a floor or cap.
|
|
(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 “step-up” bond where coupon increases or steps up at a
predetermined date. Rate shown is current coupon rate.
|
|
(5)
|
Fixed to variable rate investment. The rate shown reflects the fixed rate in effect
at
September 30, 2025. Rate will reset at a future date. Base lending rates may be
subject to a floor or cap.
|
|
(6)
|
The rate shown represents current yield to maturity.
|
|
†
|
For information regarding the Fund’s significant accounting policies, please refer to
the Fund’s most recent Financial Statements and Other Information.
|
|
|
50
|
|
|
Description
|
Total
|
Level 1
|
Level 2
|
Level 3(1)
|
|
Assets
|
|
|
|
|
|
Asset & Commercial Mortgage-Backed Securities
|
$193,905,852
|
$—
|
$193,905,852
|
$—
|
|
Corporate Bonds
|
127,175,909
|
—
|
127,175,909
|
—
|
|
U.S. Government Agencies
|
25,946,130
|
—
|
25,946,130
|
—
|
|
U.S. Government Securities
|
73,972,394
|
—
|
73,972,394
|
—
|
|
Short-Term Investments
|
74,306,686
|
—
|
74,306,686
|
—
|
|
Total
|
$495,306,971
|
$—
|
$495,306,971
|
$—
|
|
(1)
|
For the period ended September 30, 2025, there were no transfers in and out of Level
3.
|
|
|
51
|
|
|
Counterparty Abbreviations:
|
|
|
DEUT
|
Deutsche Bank Securities, Inc.
|
|
GSC
|
Goldman Sachs & Co.
|
|
Currency Abbreviations:
|
|
|
EUR
|
Euro Member Countries
|
|
USD
|
United States Dollar
|
|
Index Abbreviations:
|
|
|
CMT
|
Constant Maturity Treasury Index
|
|
ICE
|
Intercontinental Exchange, Inc.
|
|
S&P
|
Standard & Poor's
|
|
Municipal Abbreviations:
|
|
|
Auth
|
Authority
|
|
Dev
|
Development
|
|
GO
|
General Obligation
|
|
Rev
|
Revenue
|
|
Other Abbreviations:
|
|
|
ADR
|
American Depositary Receipt
|
|
ASA
|
Allmennaksjeselskap
|
|
BAM
|
Build America Mutual Assurance Co.
|
|
CLO
|
Collateralized Loan Obligation
|
|
CMO
|
Collateralized Mortgage Obligation
|
|
CVR
|
Contingent Value Rights
|
|
ETF
|
Exchange-Traded Fund
|
|
EURIBOR
|
Euro Interbank Offered Rate
|
|
NPFG
|
National Public Finance Guarantee Corp.
|
|
Nyrt
|
New York REIT Inc
|
|
PT
|
Perseroan Terbatas
|
|
REIT
|
Real Estate Investment Trust
|
|
SOFR
|
Secured Overnight Financing Rate
|
|
ST APPROP
|
State Appropriation
|
|
TBA
|
To Be Announced
|
|
Tbk
|
Terbuka
|
|
|
52
|
|