SICAV
Global Aggregate Bond Fund
Risk-aware investing, exploiting inefficiencies in global bond markets.
ISIN LU0133095660
WKN 767368
3YR Return Annualised
(View Total Returns)
Total Assets
(USD)
5.79%
$579.5m
Data as of 31-Dec-2020
Data as of 31-Dec-2020
1YR Return
(View Total Returns)
Manager Tenure
13.75%
7yrs
Data as of 31-Dec-2020
Data as of 15-Jan-2021
Information Ratio
(5 Years)
Tracking Error
(5 Years)
0.41
1.33%
Data as of 31-Dec-2020
Data as of 31-Dec-2020
Inception Date 25-Jan-2006
Performance figures calculated in USD
Other Literature
- This product's strategy also available as
- a Strategy
Strategy
Investment Objective
To maximise the value of its shares through both growth in the value of, and income from, its investments. The fund invests mainly in a diversified portfolio of bonds of all types from issuers around the world.Investment Approach
- To generate a consistent performance over benchmark by exploiting inefficiencies in the full universe of the global fixed income and currency markets:
- Focus on successful alpha generation.
- Importance of effective risk management.
- Target average tracking error: Between 150 basis points and 300 basis points per annum.
- Alpha generation classified under three main performance activities:
- Currency Management: 35% Expected contribution to value added
- Country/Duration Management: 35% Expected contribution to value added
- Sector Allocation/Security Selection: 30% Expected contribution to value added
- Sub investment Grade Allocation: 20% Expected contribution to value added
- Sector/Security Selection: 10% Expected contribution to value added
Portfolio Construction
- Currency limit: maximum +/- 40% relative to benchmark
- Weighted duration limit: maximum +/- 3 years relative to benchmark
- Sub-investment grade: maximum 20%
- Above investment grade: not restricted (includes corporates and emerging markets)
- Portfolio holdings: between 400 and 600 issuers
- Average credit quality: A- or better
Performance (Class I)
Annualised Performance
| 1 YR | 3 YR Annualised |
5 YR Annualised |
10 YR Annualised |
Since Manager Inception Annualised |
|
|---|---|---|---|---|---|
| Fund % | 13.75% | 5.79% | 5.34% | 3.20% | 4.73% |
| Indicative Benchmark % | 9.20% | 4.85% | 4.79% | 2.83% | 4.19% |
| Excess Return % | 4.55% | 0.94% | 0.55% | 0.37% | 0.54% |
| 1 YR | 3 YR Annualised |
5 YR Annualised |
10 YR Annualised |
|
|---|---|---|---|---|
| Fund % | 13.75% | 5.79% | 5.34% | 3.20% |
| Indicative Benchmark % | 9.20% | 4.85% | 4.79% | 2.83% |
| Excess Return % | 4.55% | 0.94% | 0.55% | 0.37% |
Recent Performance
| Month to DateData as of 22-Jan-2021 | Quarter to DateData as of 22-Jan-2021 | Year to DateData as of 22-Jan-2021 | 1 MonthData as of 31-Dec-2020 | 3 MonthsData as of 31-Dec-2020 | |
|---|---|---|---|---|---|
| Fund % | -0.75% | -0.75% | -0.75% | 1.73% | 3.64% |
| Indicative Benchmark % | -0.71% | -0.71% | -0.71% | 1.34% | 3.28% |
| Excess Return % | -0.04% | -0.04% | -0.04% | 0.39% | 0.36% |
Past performance is not a reliable indicator of future performance. Source for fund performance: T. Rowe Price. Fund performance is calculated using the official NAV with dividends reinvested, if any. The value of an investment and any income from it can go down as well as up. Investors may get back less than the amount invested. It will be affected by changes in the exchange rate between the base currency of the fund and the subscription currency, if different. Sales charges (up to a maximum of 5% for the A Class), taxes and other locally applied costs have not been deducted and if applicable, they will reduce the performance figures.
Where the base currency of the fund differs from the share class currency, exchange rate movements may affect returns.
31-Dec-2020
-
Arif Husain,
Head of International Fixed Income,
Core government bond yields were mixed in December, with country performance diverging. Within the portfolio, our off-benchmark exposure to Brazil added to relative returns. Emerging market sovereigns rallied during the month, as investors looked past short-term coronavirus concerns and focused instead on positive vaccine headlines. Our overweight duration stance to UK gilts also contributed positively to relative performance, with concerns over a new strain of the virus pushing up bond prices. Our Polish duration underweight position hurt, however. In currencies, the continued weakness of the U.S. dollar had a positive impact on a number of our emerging market overweight positions, including in the Chilean peso, Brazilian real, and Indian rupee. In contrast, our underweight exposures to the Colombian peso, euro and Mexican peso held back returns. In sector allocation and security selection, our allocations to euro-denominated and U.S. dollar-denominated government-related debt were beneficial. However, an index-level credit default swap in the European high yield space, held for hedging purposes, worked against the portfolio.
Holdings
Holdings
Total
Holdings
589
Largest Holding
U.S. Treasury Notes
7.74%
Was
(30-Sep-2020) 3.64%
Top 10 Holdings 31.67%
Quality Rating View quality analysis
| Largest Overweight | Largest Underweight | |
|---|---|---|
| Quality Rating | Below Investment Grade | AA |
| By % | 10.27% | -9.66% |
| Fund | 10.57% | 4.89% |
| Indicative Benchmark | 0.30% | 14.55% |
Average Credit Quality
A+Maturity View maturity analysis
| Largest Overweight | Largest Underweight | |
|---|---|---|
| Maturity | 5-7 Years | 1-3 Years |
| By % | 5.22% | -6.54% |
| Fund | 18.58% | 16.00% |
| Indicative Benchmark | 13.36% | 22.54% |
Weighted Average Maturity
9.93 YearsDuration View duration analysis
| Largest Overweight | Largest Underweight | |
|---|---|---|
| Duration | 5-7 Years | 1-3 Years |
| By % | 7.71% | -12.00% |
| Fund | 21.08% | 14.39% |
| Indicative Benchmark | 13.37% | 26.39% |
Weighted Average Duration
7.41 Years
31-Dec-2018
-
Arif Husain,
Head of International Fixed Income,
The portfolio's overall duration was increased over the quarter driven in part by adding to high-quality countries, such as the U.S. and Australia. We also reduced the underweight duration position in the eurozone and moved the UK up to neutral. The changes reflected our expectations that slowing global growth, geopolitics, and trade tensions could fuel a flight into high-quality government bonds.
Country/duration positioning
- Within developed markets, we began increasing the overweight duration position in the U.S. around mid-October. This was driven by expectations for growth to moderate and the Federal Reserve to slow the pace of interest rate hikes in 2019. Overall, our bias for a flattening of the Treasury yield curve stayed in place as inflation remained well behaved. In the eurozone, we added to Germany in the 7- to 10-year part of the curve and moved Italy back to neutral as budget concerns eased. The overall underweight duration position was reduced as economic growth continued to slow. Over the medium-term, we believe eurozone government bonds are potentially vulnerable as the markets have yet to price in the European Central Bank taking a key step toward monetary policy normalization at the end of 2018 when its quantitative easing program finished.
- Among other developed market moves, we opened a new overweight duration position in Australia on anticipation that the central bank will keep interest rates unchanged for the foreseeable future, a factor we believe should be supportive for bonds. Meanwhile, in the UK, we closed the underweight duration position in mid-November on uncertainty surrounding the country's exit from the European Union. Toward the end of the period, we opened a new underweight duration position in Canada as we felt that the market was being too pessimistic on the outlook for interest rate hikes.
- Our allocation to local emerging market bonds remained low during the quarter. In terms of moves, we reduced overweight positions in Mexico and Thailand and took profit on the off-benchmark position in Brazil. We also added modestly to our off-benchmark exposure in domestic Romania on anticipation that inflation pressures could recede. Throughout, we maintained overweight positions in Chile, and off-benchmark exposures in India and South Africa. To balance some of the risks, we maintain a negative bias in Eastern Europe through underweight duration positions expressed in Hungary and Poland.
Currency selection
- On the currency front, we shifted to an underweight position in the U.S. dollar toward the end of the quarter. This was driven in part by adding to the overweight position in the Swiss franc and opening a new overweight position in the Swedish krona after the central bank raised interest rates for the first time since 2011 in December. Overall, we felt that with U.S. growth slowing and the Fed potentially delivering fewer hikes in 2019, the dollar could be vulnerable to a correction. In other moves, underweight positions in the euro and Australian dollar were closed. Throughout, we maintained an overweight position in the Japanese yen and underweight allocations to the Singapore dollar and Taiwanese dollar.
- In emerging markets, we added tentatively to a select number of currencies. This included the Mexican peso, the Argentine peso, the South African rand, and the Malaysian ringgit. These complemented existing exposures in the Romania leu and the Colombian peso. The overweight position in the Czech koruna was closed.
Sector allocation and security selection
- We maintain an allocation to hard currency emerging market sovereign debt as the income stream remains attractive. We also hold modest exposure to European high yield bonds.
- To reduce portfolio risk, we continue to hold defensive positions in credit markets. The majority of this is expressed through short credit default swap positions in a U.S. investment-grade bond index. In emerging markets, except for Mexico, we closed the credit default swap positions at an individual country level in Turkey, South Africa, and Indonesia.
Sectors
Total
Sectors
6
Largest Sector Government 62.62%
Was (30-Nov-2020)
62.60%
Other
View complete Sector Diversification
Largest Overweight
Government
By4.78%
Fund
62.62%
Indicative Benchmark
57.83%
Largest Underweight
Agency/Supranationals
By-9.56%
Fund
0.86%
Indicative Benchmark
10.42%
31-Dec-2020
-
Arif Husain,
Head of International Fixed Income,
We continue to hold a modest overweight position in European and U.S high yield and have maintained an overweight exposure to hard-currency sovereign debt. Our more neutral stance means that we expect security selection to dominate performance over the next few months.
Countries
Total
Countries
52
Largest Country United States 40.96%
Was (30-Nov-2020)
38.89%
Other
View complete Country Diversification
Largest Overweight
United States
By5.51%
Fund
40.96%
Indicative Benchmark
35.45%
Largest Underweight
France
By-5.39%
Fund
0.48%
Indicative Benchmark
5.87%
31-Dec-2020
-
Arif Husain,
Head of International Fixed Income,
The portfolio remained underweight duration in the month. In the U.S., we moved to an overweight position in the Treasury curve, reflecting rising coronavirus concerns. We favour a slight steepening bias on higher inflation expectations, however. Optimism over Brexit negotiations, meanwhile, led us to reduce our overweight duration stance to the UK.
Currency
Total
Currencies
33
Largest Currency
36.20%
Was (30-Nov-2020)
36.10%
Other
View completeCurrency Diversification
Largest Overweight
Japanese yen
By
2.79%
Fund
16.84%
Indicative Benchmark
14.05%
Largest Underweight
U.S. dollar
By
-4.63%
Fund
36.20%
Indicative Benchmark
40.83%
31-Dec-2020
-
Arif Husain,
Head of International Fixed Income,
We recently added to our U.S. dollar exposure amid growing uncertainty about the prospect of an economic recovery; however, we remain significantly underweight. Correspondingly, we closed our overweight positions in the Australian dollar and Chilean peso. We also recently opened an underweight in the South African rand. The emergence of a new coronavirus strain in the country, and the decision of several governments to ban flights to the country, could weigh on the rand in our view
Team (As of 15-Jan-2021)
Arif Husain is the head of the International Fixed Income Division. He is a co-portfolio manager for the International Bond and Institutional International Bond Strategies and the lead portfolio manager for the Global Aggregate Bond Strategy. Arif also is a vice president of T. Rowe Price Group, Inc., and T. Rowe Price International Ltd.
Arif’s investment experience began in 1995, and he has been with T. Rowe Price since 2013. Prior to this, Arif was employed by AllianceBernstein in the area of European Fixed Income and Euro Portfolio Management. He also was a member of the global fixed income and absolute return portfolio management teams. Arif also was employed by Greenwich NatWest as an assistant director of European Derivatives Trading and by the Bank of America National Trust and Savings Association.
Arif earned a B.Sc. (honors) in banking and international finance from City University London, Cass Business School. He also has earned the Chartered Financial Analyst® designation.
CFA® and Chartered Financial Analyst® are registered trademarks owned by CFA Institute.
- Fund manager2014
since - Years at7
T. Rowe Price - Years investment25
experience
Quentin Fitzsimmons is a senior portfolio manager in the Fixed Income Division of T. Rowe Price and a member of the global fixed income investment team. He is co-portfolio manager for the Global Aggregate Bond Strategy. He is actively involved in the discussion around country and duration positioning, currency management and sector allocation, with a particular expertise in interest rate management.
Mr. Fitzsimmons has 28 years of investment experience, four of which have been with T. Rowe Price. Prior to joining the firm in 2015, Mr. Fitzsimmons was head of liquidity portfolio investment management, Treasury markets, for the Royal Bank of Scotland Group, where he managed the liquid fixed income "tier one" capital on its balance sheet on an absolute return basis. Previously, he also worked as head of rates and as executive director of fixed income for Threadneedle Investments, where he ran global fixed income portfolios from 2002 to 2012. Prior to Threadneedle he held various fixed income portfolio management and research roles with F&C Investments, the Equitable Life Assurance Society and Sun Life Assurance Company of Canada.
Mr. Fitzsimmons earned a B.Sc. in economics and economic history from the University of Bristol.
- Fund manager2016
since - Years at5
T. Rowe Price - Years investment29
experience
Stephane Fertat is a portfolio specialist in the Fixed Income Division. He also is a vice president of T. Rowe Price Group, Inc., and T. Rowe Price International Ltd.
Stephane’s investment experience began in 1998, and he has been with T. Rowe Price since 2007, beginning in the Fixed Income Division. Prior to joining the firm, he was employed by Fischer Francis Trees and Watts, a global fixed income asset management company, where he worked as a European fixed income fund manager before moving to a product manager role. Stephane also was a director of client service and business development for the southern European distribution team of Fischer Francis Trees and Watts. He also was employed by Société Générale Fimat Investment Management in Chicago.
Stephane earned a master’s degree in finance from Ecole Superieure de Commerce de Paris. He also has earned the Chartered Financial Analyst® designation.
CFA® and Chartered Financial Analyst® are registered trademarks owned by CFA Institute.
- Years at13
T. Rowe Price - Years investment23
experience
Chris Dillon is an investment specialist in the Multi-Asset Division. He is also a vice president of T. Rowe Price Group, Inc., and T. Rowe Price Associates, Inc.
Chris’s investment experience began in 1993, and he has been with T. Rowe Price since 2006, beginning in the Fixed Income Division. Prior to this, Chris was employed by PNC Advisors as an investment advisory research consultant. He also directed fixed income management research with Smith Barney Consulting Group.
Chris earned a B.A., cum laude, in history/economics from the University of Delaware and an M.B.A. from Wilmington University. He also has earned the Chartered Financial Analyst® designation.
CFA® and Chartered Financial Analyst® are registered trademarks owned by CFA Institute.
- Years at15
T. Rowe Price - Years investment24
experience
Fee Schedule
| Share Class | Minimum Initial Investment and Holding Amount (USD) | Minimum Subsequent Investment (USD) | Minimum Redemption Amount (USD) | Sales Charge (up to) | Investment Management Fee (up to) | Ongoing Charges |
|---|---|---|---|---|---|---|
| Class A | $1,000 | $100 | $100 | 5.00% | 75 basis points | 0.92% |
| Class I | $2,500,000 | $100,000 | $0 | 0.00% | 45 basis points | 0.55% |
| Class Q | $1,000 | $100 | $100 | 0.00% | 45 basis points | 0.62% |
| Class Sd | $10,000,000 | $0 | $0 | 0.00% | 0 basis points | 0.10% |
Please note that the Ongoing Charges figure is inclusive of the Investment Management Fee and is charged per annum.
Portfolio Characteristics
as of 31-Dec-2020
| Characteristic | Fund | Benchmark |
|---|---|---|
| Weighted Average Coupon | 2.73% | 2.51% |
| Weighted Average Maturity | 9.93 Years | 9.08 Years |
| Weighted Average Duration | 7.41 Years | 7.35 Years |
| Number of Holdings | 588 | 26,587 |
Risks
The following risks are materially relevant to the fund (refer to prospectus for further details):
- Capital risk
- China Interbank Bond Market risk
- Counterparty risk
- Country risk (China)
- Country risk (Russia and Ukraine)
- Credit risk
- Currency risk
- Default risk
- Derivatives risk
- Emerging markets risk
- Geographic concentration risk
- Hedging risk
- Interest rate risk
- Investment fund risk
- Issuer concentration risk
- Liquidity risk
- Management risk
- Market risk
- Operational risk
- Prepayment and extension risk
- Sector concentration risk
Risk/Return Characteristics
as of 31-Dec-2020| Risk/Return (5 Years) | Fund | Indicative Benchmark |
|---|---|---|
| Alpha | 0.55% | 0.00% |
| Beta | 0.99 | 1.00 |
| R-Squared | 0.93 | 1.00 |
| Annualized Std. Deviation | 4.82% | 4.68% |
| Information Ratio | 0.41 | 0.00 |
| Sharpe Ratio | 0.86 | 0.77 |
| Tracking Error | 1.33% | 0.00% |
Past performance is not a reliable indicator of future performance.
Statistics based on monthly net returns of the Fund's Class I shares.
Calendar Year Performance
| 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|
| 4.08% | 6.87% | -2.89% | 0.61% | -2.82% | 2.90% | 6.44% | -1.39% | 5.56% | 13.75% | Fund | |
| 5.64% | 4.32% | -2.60% | 0.59% | -3.15% | 2.09% | 7.39% | -1.20% | 6.84% | 9.20% | Indicative Benchmark | |
| -1.56% | 2.55% | -0.29% | 0.02% | 0.33% | 0.81% | -0.95% | -0.19% | -1.28% | 4.55% | Value added |
- Fund
- Indicative Benchmark
Monthly Performance (Class I)
- Fund
- Indicative Benchmark
- Exceptional Commentary
- Monthly Commentary
Click chart to display commentary.
Quality (31-Dec-2020)
| Quality Rating | % of Fund | % of Indicative Benchmark | % Underweight/Overweight |
|---|---|---|---|
| US GOVERNMENT AGENCY SECURITIES | 11.41% | 10.17% | |
| AAA | 25.42% | 25.43% | |
| AA | 4.89% | 14.55% | |
| A | 19.02% | 22.97% | |
| BBB | 16.02% | 16.28% | |
| Below Investment Grade | 10.57% | 0.30% | |
| NOT RATED | 11.94% | 10.30% | |
| RESERVES | 0.73% | 0.00% |
Numbers may not add due to rounding and/or the exclusion of reserves and other assets.
Sources for Credit Quality Diversification: Moody's Investors Service and Standard & Poor's (S&P) split ratings (i.e. BB/B and B/CCC) are assigned when the Moody's and S&P ratings differ. Short-Term holdings are not rated.
Maturity (31-Dec-2020)
| Bond Maturity | % of Fund | % of Indicative Benchmark | % Underweight/Overweight |
|---|---|---|---|
| 0-1 Years | 2.87% | 0.00% | |
| 1-3 Years | 16.00% | 22.54% | |
| 3-5 Years | 20.80% | 24.02% | |
| 5-7 Years | 18.58% | 13.36% | |
| 7-10 Years | 16.99% | 13.94% | |
| 10+ Years | 24.03% | 26.14% | |
| Cash Equivalents | 0.73% | 0.00% |
Numbers may not add due to rounding and/or the exclusion of reserves and other assets.
(31-Dec-2020)
| Duration | % of Fund | % of Indicative Benchmark | % Underweight/Overweight |
|---|---|---|---|
| Under 1 Year | 5.52% | 2.18% | |
| 1-3 Years | 14.39% | 26.39% | |
| 3-5 Years | 22.17% | 21.34% | |
| 5-7 Years | 21.08% | 13.37% | |
| 7-10 Years | 15.54% | 13.15% | |
| Over 10 Years | 20.56% | 23.57% | |
| Cash Equivalents | 0.73% | 0.00% |
Duration is a measure of a bond's sensitivity to interest rate changes.
Numbers may not add due to rounding and/or the exclusion of reserves and other assets.
Holdings (31-Dec-2020)
| Company | % of Fund | Previous Qtr Change | Value (USD) | Shares/Par | Sector | Industry | Country | Coupon Rate (%) | Quality | Maturity Date | Duration (Yrs) |
|---|---|---|---|---|---|---|---|---|---|---|---|
| U.S. Treasury Notes | 7.74% | 4.10 | $44,866,552.00 | 43,123,000 | US Govt & Agencies | U S Treasury Obligations | United States | 1.13% | Aaa | 28-Feb-2027 | 5.98 |
| Japan Government Five Year Bond | 6.01% | -0.48 | $34,803,979.76 | 3,555,050,000 | Government | Foreign Govt & Muni (Excl Canadian) | Japan | 0.10% | A1 | 20-Sep-2024 | 3.71 |
| U.S. Treasury Bonds | 4.15% | 0.56 | $24,067,400.97 | 22,047,000 | US Govt & Agencies | U S Treasury Obligations | United States | 2.00% | NR | 15-Feb-2050 | 23.10 |
| U.S. Treasury Bonds | 2.90% | N/A | $16,797,923.52 | 15,804,000 | US Govt & Agencies | U S Treasury Obligations | United States | 1.50% | Aaa | 15-Feb-2030 | 8.62 |
| China Government Bond | 2.41% | -0.29 | $13,966,813.91 | 87,150,000 | Government | Foreign Govt & Muni (Excl Canadian) | China | 3.54% | NR | 16-Aug-2028 | 6.62 |
| China Government Bond | 2.33% | N/A | $13,494,194.95 | 88,500,000 | Government | Foreign Govt & Muni (Excl Canadian) | China | 3.13% | NR | 21-Nov-2029 | 7.73 |
| U.S. Treasury Bonds | 1.88% | -0.86 | $10,891,035.13 | 10,100,000 | US Govt & Agencies | U S Treasury Obligations | United States | 2.00% | Aaa | 15-Feb-2025 | 3.96 |
| Spain Government Bond | 1.57% | -0.17 | $9,125,608.23 | 6,600,000 | Government | Foreign Govt & Muni (Excl Canadian) | Spain | 1.40% | Baa1 | 30-Jul-2028 | 7.25 |
| Japan Government Thirty Year Bond | 1.36% | -0.04 | $7,859,567.45 | 861,000,000 | Government | Foreign Govt & Muni (Excl Canadian) | Japan | 0.40% | A1 | 20-Dec-2049 | 28.27 |
| Cyprus Government International Bond | 1.32% | -0.14 | $7,660,684.92 | 5,640,000 | Government | Foreign Govt & Muni (Excl Canadian) | Cyprus | 1.50% | Ba2 | 16-Apr-2027 | 6.01 |
| Japan Government Forty Year Bond | 1.29% | 0.15 | $7,488,360.51 | 627,800,000 | Government | Foreign Govt & Muni (Excl Canadian) | Japan | 1.40% | A1 | 20-Mar-2055 | 28.80 |
| United Kingdom Gilt | 1.28% | N/A | $7,433,057.40 | 3,751,000 | Government | Foreign Govt & Muni (Excl Canadian) | United Kingdom | 4.75% | Aa3 | 07-Dec-2030 | 8.44 |
| India Government Bond | 1.27% | 0.11 | $7,363,950.58 | 470,000,000 | Government | Foreign Govt & Muni (Excl Canadian) | India | 8.20% | NR | 24-Sep-2025 | 3.88 |
| Federal National Mortgage Assn. | 1.20% | N/A | $6,930,125.93 | 6,582,000 | Mortgage Backed Securities | Mortgages | United States | 2.50% | NR | 01-Jan-2044 | 1.95 |
| Federal National Mortgage Assn. | 1.16% | -0.36 | $6,739,142.53 | 6,047,622 | Mortgage Backed Securities | Mortgages | United States | 4.50% | NR | 01-Sep-2048 | 3.23 |
| United Kingdom Gilt | 1.15% | -0.85 | $6,667,251.74 | 5,037,000 | Government | Foreign Govt & Muni (Excl Canadian) | United Kingdom | 0.63% | NR | 22-Oct-2050 | 27.52 |
| Japan Government Thirty Year Bond | 1.12% | -0.18 | $6,513,548.43 | 633,100,000 | Government | Foreign Govt & Muni (Excl Canadian) | Japan | 0.80% | A1 | 20-Jun-2047 | 24.71 |
| Israel Government Bond - Fixed | 1.11% | 0.08 | $6,435,103.97 | 18,600,000 | Government | Foreign Govt & Muni (Excl Canadian) | Israel | 2.00% | NR | 31-Mar-2027 | 5.86 |
| Italy Buoni Poliennali del Tesoro | 1.10% | -0.14 | $6,381,739.14 | 4,800,000 | Government | Foreign Govt & Muni (Excl Canadian) | Italy | 2.45% | NR | 01-Oct-2023 | 2.67 |
| Brazil Notas do Tesouro Nacional Serie F | 1.09% | N/A | $6,344,035.53 | 2,780,000 | Government | Foreign Govt & Muni (Excl Canadian) | Brazil | 10.00% | Ba2 | 01-Jan-2027 | 4.66 |
| Italy Buoni Poliennali del Tesoro | 1.05% | -0.20 | $6,085,142.07 | 3,340,000 | Government | Foreign Govt & Muni (Excl Canadian) | Italy | 3.45% | Baa3 | 01-Mar-2048 | 19.61 |
| China Government Bond | 0.96% | N/A | $5,539,449.41 | 35,350,000 | Government | Foreign Govt & Muni (Excl Canadian) | China | 3.81% | NR | 14-Sep-2050 | 17.99 |
| Federal National Mortgage Assn. | 0.84% | N/A | $4,896,059.54 | 4,720,000 | Mortgage Backed Securities | Mortgages | United States | 2.00% | NR | 01-Jan-2050 | 4.10 |
| Indonesia Treasury Bond | 0.84% | -0.02 | $4,863,209.50 | 62,300,000,000 | Government | Foreign Govt & Muni (Excl Canadian) | Indonesia | 7.00% | NR | 15-Sep-2030 | 7.13 |
| Deutsche Bahn Finance GMBH | 0.84% | 0.40 | $4,859,794.28 | 3,630,000 | Corporate High Grade | Banking | Germany | 0.88% | Aa1 | 23-Jun-2039 | 17.33 |
| Peru Government Bond | 0.84% | N/A | $4,858,441.17 | 14,200,000 | Government | Foreign Govt & Muni (Excl Canadian) | Peru | 6.15% | A3 | 12-Aug-2032 | 8.48 |
| Federal National Mortgage Assn. | 0.78% | N/A | $4,529,930.61 | 4,325,000 | Mortgage Backed Securities | Mortgages | United States | 3.00% | NR | 01-Jan-2042 | 1.85 |
| Malaysia Government Bond | 0.77% | -0.10 | $4,486,241.50 | 17,000,000 | Government | Foreign Govt & Muni (Excl Canadian) | Malaysia | 3.80% | A3 | 17-Aug-2023 | 2.47 |
| Sweden Government Bond | 0.74% | -0.64 | $4,315,060.01 | 22,145,000 | Government | Foreign Govt & Muni (Excl Canadian) | Sweden | 3.50% | Aaa | 30-Mar-2039 | 14.77 |
| Republic of Poland Government Bond | 0.72% | -0.08 | $4,197,638.46 | 13,900,000 | Government | Foreign Govt & Muni (Excl Canadian) | Poland | 2.50% | A2 | 25-Jul-2026 | 5.26 |
| International Bank for Reconstruction & development | 0.63% | N/A | $3,647,965.88 | 2,979,000 | Government | Foreign Govt & Muni (Excl Canadian) | SNAT (Supe Natl Wrld Global) | 0.13% | Aaa | 03-Jan-2051 | 30.25 |
| Singapore Government Bond | 0.62% | 0.39 | $3,594,906.78 | 4,489,000 | Government | Foreign Govt & Muni (Excl Canadian) | Singapore | 3.13% | Aaa | 01-Sep-2022 | 1.62 |
| Deutsche Bahn Finance GMBH | 0.58% | N/A | $3,341,809.16 | 2,706,000 | Corporate High Grade | Banking | Germany | 0.63% | Aa1 | 08-Dec-2050 | 27.97 |
| Federal National Mortgage Assn. | 0.56% | -0.22 | $3,259,480.06 | 3,079,250 | Mortgage Backed Securities | Mortgages | United States | 3.00% | NR | 01-Nov-2046 | 2.38 |
| Serbia Treasury Bonds | 0.56% | N/A | $3,258,634.19 | 279,000,000 | Government | Foreign Govt & Muni (Excl Canadian) | Serbia | 4.50% | NR | 20-Aug-2032 | 9.03 |
| Canadian Government Bond | 0.56% | -0.68 | $3,224,746.92 | 4,020,000 | Government | Canadian Govts & Municipalities | Canada | 1.50% | Aaa | 01-Feb-2022 | 1.07 |
| Government National Mortgage Assn. | 0.55% | N/A | $3,200,807.74 | 3,060,000 | Mortgage Backed Securities | Mortgages | United States | 3.00% | NR | 01-Jan-2043 | 0.17 |
| Chile Government International Bond | 0.54% | -0.04 | $3,153,577.36 | 2,445,000 | Government | Foreign Govt & Muni (Excl Canadian) | Chile | 0.83% | A1 | 02-Jul-2031 | 10.00 |
| Petroleos Mexicanos | 0.50% | N/A | $2,901,689.14 | 2,250,000 | Government | Foreign Govt & Muni (Excl Canadian) | Mexico | 4.75% | Ba2 | 26-Feb-2029 | 6.55 |
| Malaysia Government Bond | 0.50% | 0.13 | $2,887,445.25 | 11,145,000 | Government | Foreign Govt & Muni (Excl Canadian) | Malaysia | 4.07% | NR | 15-Jun-2050 | 17.88 |
| Kreditanstalt fuer Wiederaufbau | 0.49% | -0.04 | $2,834,365.19 | 3,500,000 | Government | Foreign Govt & Muni (Excl Canadian) | Germany | 1.50% | Aaa | 24-Jul-2024 | 3.46 |
| Australia Government Bond | 0.48% | -0.60 | $2,789,384.03 | 3,800,000 | Government | Foreign Govt & Muni (Excl Canadian) | Australia | 1.75% | NR | 21-Jun-2051 | 24.57 |
| Tennessee Valley Authority | 0.47% | -0.09 | $2,737,279.36 | 1,580,000 | Agency/Supranationals | Other U S Govt & Agencies | United States | 5.38% | Aaa | 01-Apr-2056 | 20.46 |
| Asian development Bank | 0.47% | -0.05 | $2,732,429.97 | 1,950,000 | Government | Foreign Govt & Muni (Excl Canadian) | SNAT (Supe Natl Wrld Global) | 0.63% | Aaa | 15-Sep-2026 | 5.61 |
| Brazilian Government International Bond | 0.46% | -0.06 | $2,694,655.56 | 2,135,000 | Government | Foreign Govt & Muni (Excl Canadian) | Brazil | 2.88% | Ba2 | 01-Apr-2021 | 0.25 |
| European Investment Bank | 0.45% | -0.05 | $2,607,436.13 | 1,860,000 | Government | Foreign Govt & Muni (Excl Canadian) | SNAT (Supe Natl Wrld Global) | 0.75% | Aaa | 15-Nov-2024 | 3.83 |
| Cyprus Government International Bond | 0.43% | 0.10 | $2,483,017.22 | 1,545,000 | Government | Foreign Govt & Muni (Excl Canadian) | Cyprus | 2.75% | Ba2 | 26-Feb-2034 | 11.35 |
| Romanian Government International Bond | 0.43% | -0.01 | $2,468,340.98 | 1,700,000 | Government | Foreign Govt & Muni (Excl Canadian) | Romania | 3.38% | Baa3 | 08-Feb-2038 | 13.19 |
| Albania Government International Bond | 0.41% | -0.03 | $2,378,731.86 | 1,780,000 | Government | Foreign Govt & Muni (Excl Canadian) | Albania | 3.50% | B1 | 16-Jun-2027 | 5.75 |
| Romanian Government International Bond | 0.39% | -0.02 | $2,283,236.81 | 1,735,000 | Government | Foreign Govt & Muni (Excl Canadian) | Romania | 2.12% | Baa3 | 16-Jul-2031 | 9.48 |
| Government National Mortgage Assn. | 0.38% | N/A | $2,204,125.62 | 2,110,000 | Mortgage Backed Securities | Mortgages | United States | 2.00% | NR | 01-Jan-2050 | 2.04 |
| Thailand Government Bond | 0.38% | N/A | $2,202,518.15 | 64,400,000 | Government | Foreign Govt & Muni (Excl Canadian) | Thailand | 2.50% | NR | 17-Jun-2071 | 30.07 |
| Government National Mortgage Assn. | 0.37% | 0.24 | $2,161,227.56 | 1,968,554 | Mortgage Backed Securities | Mortgages | United States | 4.50% | NR | 20-Aug-2047 | 0.70 |
| Netherlands Government Bond | 0.37% | -0.04 | $2,146,972.53 | 1,580,000 | Government | Foreign Govt & Muni (Excl Canadian) | Netherlands | 0.75% | NR | 15-Jul-2028 | 7.38 |
| Government National Mortgage Assn. | 0.37% | -0.11 | $2,126,744.48 | 1,905,684 | Mortgage Backed Securities | Mortgages | United States | 5.00% | NR | 20-Jan-2048 | 0.94 |
| Bahamas Government International Bond | 0.36% | N/A | $2,094,552.08 | 1,900,000 | Government | Foreign Govt & Muni (Excl Canadian) | Bahamas | 8.95% | Ba2 | 15-Oct-2032 | 6.96 |
| Federal National Mortgage Assn. | 0.35% | N/A | $2,044,826.34 | 1,935,000 | Mortgage Backed Securities | Mortgages | United States | 3.50% | NR | 01-Jan-2041 | 1.85 |
| Export-Import Bank of India | 0.34% | -0.03 | $1,957,807.70 | 1,800,000 | Government | Foreign Govt & Muni (Excl Canadian) | India | 3.25% | Baa3 | 15-Jan-2030 | 7.85 |
| Federal National Mortgage Assn. | 0.33% | N/A | $1,885,211.67 | 1,805,000 | Mortgage Backed Securities | Mortgages | United States | 2.00% | NR | 01-Jan-2035 | 0.94 |
| Spain Government Bond | 0.32% | 0.02 | $1,882,822.30 | 840,000 | Government | Foreign Govt & Muni (Excl Canadian) | Spain | 3.45% | Baa1 | 30-Jul-2066 | 29.33 |
| Symrise | 0.31% | -0.04 | $1,823,215.80 | 1,415,000 | Corporate High Grade | Chemicals | Germany | 1.25% | NR | 29-Nov-2025 | 4.60 |
| Leaseplan | 0.31% | -0.05 | $1,796,180.92 | 1,690,000 | Corporate High Grade | Automotive | Netherlands | 2.88% | Baa1 | 24-Oct-2024 | 3.61 |
| International Bank for Reconstruction & development | 0.30% | -0.03 | $1,746,779.63 | 1,241,000 | Government | Foreign Govt & Muni (Excl Canadian) | SNAT (Supe Natl Wrld Global) | 0.88% | Aaa | 13-Dec-2024 | 3.90 |
| Ivory Coast Government International Bond | 0.30% | N/A | $1,716,819.64 | 1,350,000 | Government | Foreign Govt & Muni (Excl Canadian) | Cote d Ivoire | 4.88% | Ba3 | 30-Jan-2032 | 8.04 |
| TRP SICAV EURO Corporate Bond-SD | 0.29% | -0.03 | $1,653,724.09 | 118,063 | Corporate High Yield | Investment Companies - Bonds | Luxembourg | N/A | N/A | N/A | 5.06 |
| Slovenia Government Bond | 0.28% | N/A | $1,597,079.00 | 1,232,000 | Government | Foreign Govt & Muni (Excl Canadian) | Slovenia | 0.49% | A3 | 20-Oct-2050 | 28.50 |
| Government National Mortgage Assn. | 0.27% | N/A | $1,565,745.89 | 1,445,191 | Mortgage Backed Securities | Mortgages | United States | 4.50% | NR | 20-Nov-2049 | 0.65 |
| Iceland Government International Bond | 0.27% | -0.03 | $1,563,874.55 | 1,240,000 | Government | Foreign Govt & Muni (Excl Canadian) | Iceland | 0.63% | A2 | 03-Jun-2026 | 5.33 |
| Province of Ontario Canada | 0.27% | -0.05 | $1,556,363.46 | 1,535,000 | Government | Canadian Govts & Municipalities | Canada | 1.05% | Aa3 | 21-May-2027 | 6.20 |
| Bahamas Government International Bond | 0.27% | -0.03 | $1,548,416.00 | 1,600,000 | Government | Foreign Govt & Muni (Excl Canadian) | Bahamas | 6.00% | Ba2 | 21-Nov-2028 | 5.48 |
| Nordea Hypotek | 0.26% | -0.02 | $1,512,742.40 | 12,100,000 | Mortgage Backed Securities | Non - Government Mortgages | Sweden | 1.00% | Aaa | 08-Apr-2022 | 1.26 |
| Qatar Government International Bond | 0.26% | N/A | $1,505,725.89 | 1,145,000 | Government | Foreign Govt & Muni (Excl Canadian) | Qatar | 4.40% | Aa3 | 16-Apr-2050 | 18.41 |
| Canadian Government Bond | 0.26% | -0.20 | $1,503,589.36 | 1,600,000 | Government | Canadian Govts & Municipalities | Canada | 2.00% | Aaa | 01-Dec-2051 | 24.31 |
| Malaysia Government Bond | 0.25% | -0.03 | $1,439,359.16 | 4,800,000 | Government | Foreign Govt & Muni (Excl Canadian) | Malaysia | 4.92% | NR | 06-Jul-2048 | 16.27 |
| Oracle | 0.25% | -0.04 | $1,437,967.94 | 1,295,000 | Corporate High Grade | Computer Service & Software | United States | 2.80% | A3 | 01-Apr-2027 | 5.68 |
| Federal National Mortgage Assn. | 0.25% | N/A | $1,429,317.99 | 1,325,844 | Mortgage Backed Securities | Mortgages | United States | 4.00% | NR | 01-Oct-2047 | 3.06 |
| Walgreens Boots Alliance | 0.24% | -0.03 | $1,412,246.86 | 1,065,000 | Corporate High Grade | Retail | United States | 2.13% | Baa2 | 20-Nov-2026 | 5.40 |
| Westlake Chemical | 0.24% | -0.01 | $1,407,039.84 | 1,090,000 | Corporate High Grade | Chemicals | United States | 1.63% | Baa2 | 17-Jul-2029 | 7.86 |
| Saudi Arabian Oil | 0.24% | N/A | $1,388,390.22 | 1,345,000 | Government | Foreign Govt & Muni (Excl Canadian) | Saudi Arabia | 3.50% | A1 | 24-Nov-2070 | 23.80 |
| State Grid Overseas Investment 2016 | 0.24% | N/A | $1,384,192.26 | 1,100,000 | Corporate High Grade | Utilities | China | 0.80% | NR | 05-Aug-2026 | 5.32 |
| Credit Suisse | 0.23% | -0.04 | $1,359,859.65 | 1,145,000 | Corporate High Grade | Banking | Switzerland | 4.19% | Baa1 | 01-Apr-2031 | 7.84 |
| TRP SICAV European High Yield Bond-SD | 0.23% | -0.02 | $1,358,991.05 | 116,122 | Corporate High Yield | Investment Companies - Bonds | Luxembourg | N/A | N/A | N/A | 2.68 |
| AerCap Ireland Capital DAC / AerCap Global Aviation Trust | 0.23% | -0.03 | $1,337,607.09 | 1,280,000 | Corporate High Grade | Financial | Ireland | 3.95% | Baa3 | 01-Feb-2022 | 0.97 |
| Jamaica Government International Bond | 0.23% | -0.01 | $1,335,009.00 | 900,000 | Government | Foreign Govt & Muni (Excl Canadian) | Jamaica | 8.00% | B2 | 15-Mar-2039 | 10.58 |
| Comm 2013-CCRE13 Mortgage Trust | 0.22% | -0.04 | $1,288,507.43 | 1,170,000 | Mortgage Backed Securities | Commercial Mortgage Backed Securities | United States | 4.19% | Aaa | 10-Nov-2046 | 2.71 |
| Australia Government Bond | 0.22% | -0.03 | $1,280,727.65 | 1,339,000 | Government | Foreign Govt & Muni (Excl Canadian) | Australia | 3.00% | Aaa | 21-Mar-2047 | 19.74 |
| COMM 2014-CCRE15 Mortgage Trust | 0.22% | -0.04 | $1,274,122.76 | 1,155,000 | Mortgage Backed Securities | Commercial Mortgage Backed Securities | United States | 4.43% | Aaa | 10-Feb-2047 | 2.85 |
| Serbia International Bond | 0.22% | N/A | $1,271,163.91 | 1,280,000 | Government | Foreign Govt & Muni (Excl Canadian) | Serbia | 2.13% | Ba3 | 01-Dec-2030 | 8.88 |
| JPMBB Commercial Mortgage Securities Trust 2014-C22 | 0.22% | -0.04 | $1,265,835.35 | 1,146,000 | Mortgage Backed Securities | Commercial Mortgage Backed Securities | United States | 3.80% | Aaa | 15-Sep-2047 | 3.33 |
| Santander Retail Auto Lease Trust 2020 | 0.22% | N/A | $1,259,857.73 | 1,255,000 | Asst Backed Securities | Auto Backed | United States | 1.98% | NR | 20-Oct-2025 | 3.03 |
| Bank Of Ireland | 0.21% | -0.02 | $1,237,999.55 | 989,000 | Corporate High Grade | Banking | Ireland | 0.75% | Baa2 | 08-Jul-2024 | 2.49 |
| Santander Retail Auto Lease Trust 2020 | 0.21% | -0.04 | $1,222,273.94 | 1,190,000 | Asst Backed Securities | Auto Backed | United States | 2.08% | A2 | 20-Mar-2024 | 2.19 |
| OBX 2018-EXP1 Trust | 0.21% | N/A | $1,209,839.43 | 1,162,118 | Mortgage Backed Securities | Whole Loans Backed | United States | 4.00% | NR | 25-Apr-2048 | 1.65 |
| Citigroup | 0.21% | -0.03 | $1,201,423.42 | 980,000 | Corporate High Grade | Banking | United States | 4.41% | A3 | 31-Mar-2031 | 7.81 |
| Smb Private Education Loan Trust 2015 | 0.20% | -0.04 | $1,155,286.39 | 1,100,000 | Asst Backed Securities | Student Loans | United States | 3.50% | Aa2 | 15-Sep-2043 | 4.79 |
| Sequoia Mortgage Trust 2017-CH1 | 0.20% | N/A | $1,154,713.59 | 1,103,696 | Mortgage Backed Securities | Whole Loans Backed | United States | 4.00% | Aaa | 25-Aug-2047 | 2.37 |
| Angel Oak Mortgage Trust I LLC 2018-3 | 0.20% | N/A | $1,152,492.33 | 1,124,666 | Mortgage Backed Securities | Whole Loans Backed | United States | 3.65% | NR | 25-Sep-2048 | 0.57 |
| Hilton Grand Vacations Trust 2017 | 0.20% | N/A | $1,150,378.92 | 1,123,225 | Mortgage Backed Securities | Asset Backed Other | United States | 2.66% | NR | 26-Dec-2028 | 1.58 |
| Netherlands Government Bond | 0.20% | -0.02 | $1,148,788.87 | 627,000 | Government | Foreign Govt & Muni (Excl Canadian) | Netherlands | 5.50% | Aaa | 15-Jan-2028 | 6.02 |
| Energy Transfer Operating | 0.20% | -0.03 | $1,134,485.76 | 985,000 | Corporate High Grade | Oil Field Serv | United States | 5.88% | Baa3 | 15-Jan-2024 | 2.56 |
| Vereit Operating Partnership | 0.19% | -0.02 | $1,119,450.52 | 975,000 | Corporate High Grade | Real Estate Investment Trust Securities | United States | 3.95% | Baa3 | 15-Aug-2027 | 5.71 |
| Federal National Mortgage Assn. | 0.19% | N/A | $1,103,471.90 | 1,028,798 | Mortgage Backed Securities | Mortgages | United States | 4.00% | NR | 01-Jan-2050 | 3.29 |
| China Government Bond | 0.19% | -0.02 | $1,102,099.35 | 7,000,000 | Government | Foreign Govt & Muni (Excl Canadian) | China | 3.13% | NR | 13-Apr-2022 | 1.24 |
| Federal National Mortgage Assn. | 0.19% | -0.07 | $1,101,652.79 | 1,037,974 | Mortgage Backed Securities | Mortgages | United States | 3.00% | NR | 01-Jul-2046 | 2.38 |
| Adler | 0.19% | N/A | $1,094,797.11 | 900,000 | Corporate High Yield | Hy - Real Estate Investment Trust Securities | Germany | 1.50% | Ba2 | 26-Jul-2024 | 3.37 |
| Costa Rica Government International Bond | 0.19% | -0.03 | $1,077,384.61 | 1,100,000 | Government | Foreign Govt & Muni (Excl Canadian) | Costa Rica | 4.25% | B2 | 26-Jan-2023 | 1.91 |
| Federal National Mortgage Assn. | 0.19% | -0.06 | $1,077,193.50 | 980,236 | Mortgage Backed Securities | Mortgages | United States | 4.50% | NR | 01-Apr-2047 | 3.58 |
| Santander UK Group Holdings | 0.18% | -0.02 | $1,067,976.76 | 860,000 | Corporate High Grade | Banking | United Kingdom | 0.39% | Baa1 | 28-Feb-2025 | 3.13 |
| Bunge Finance Europe BV | 0.18% | -0.02 | $1,066,766.17 | 835,000 | Corporate High Grade | Food Processing | United States | 1.85% | Baa3 | 16-Jun-2023 | 2.18 |
| Transurban Finance Co Pty | 0.18% | -0.01 | $1,065,546.62 | 700,000 | Corporate High Grade | Transportation | Australia | 3.00% | Baa1 | 08-Apr-2030 | 8.04 |
| Natwest | 0.18% | -0.03 | $1,048,200.45 | 925,000 | Corporate High Grade | Banking | United Kingdom | 5.13% | Baa3 | 28-May-2024 | 3.15 |
| Diamondback Energy | 0.18% | -0.04 | $1,039,804.89 | 1,005,000 | Corporate High Yield | HY-Energy | United States | 5.38% | Ba1 | 31-May-2025 | 0.63 |
| Federal Home Loan Mortgage | 0.18% | -0.06 | $1,039,053.55 | 984,138 | Mortgage Backed Securities | Mortgages | United States | 3.00% | NR | 01-Feb-2047 | 2.32 |
| Arion Banki HF | 0.18% | N/A | $1,035,072.89 | 843,000 | Corporate High Grade | Banking | Iceland | 0.63% | NR | 27-May-2024 | 3.36 |
| Cigna | 0.18% | -0.03 | $1,028,883.63 | 890,000 | Corporate High Grade | Miscellaneous | United States | 4.13% | Baa2 | 15-Nov-2025 | 4.35 |
| Sri Lanka Government International Bond | 0.17% | -0.06 | $1,013,343.56 | 1,700,000 | Government | Foreign Govt & Muni (Excl Canadian) | Sri Lanka | 7.55% | Caa1 | 28-Mar-2030 | 5.28 |
| Bank of America | 0.17% | -0.03 | $1,013,059.16 | 900,000 | Corporate High Grade | Banking | United States | 3.25% | A2 | 21-Oct-2027 | 5.55 |
| Federal National Mortgage Assn. | 0.17% | N/A | $1,012,320.54 | 940,673 | Mortgage Backed Securities | Mortgages | United States | 3.50% | NR | 01-Dec-2033 | 2.62 |
| WFRBS Commercial Mortgage Trust 2012-C6 | 0.17% | -0.03 | $1,008,993.15 | 975,000 | Mortgage Backed Securities | Commercial Mortgage Backed Securities | United States | 4.70% | Aaa | 15-Apr-2045 | 1.16 |
| Government National Mortgage Assn. | 0.17% | -0.06 | $1,007,127.93 | 902,333 | Mortgage Backed Securities | Mortgages | United States | 5.00% | NR | 20-Nov-2047 | 1.29 |
| UNITE | 0.17% | -0.01 | $1,001,638.30 | 650,000 | Corporate High Grade | Real Estate Investment Trust Securities | United Kingdom | 3.50% | Baa2 | 15-Oct-2028 | 6.78 |
| American Express Credit Account Master Trust | 0.17% | -0.03 | $997,658.20 | 965,000 | Asst Backed Securities | Credit Card Backed | United States | 2.54% | NR | 15-May-2025 | 1.75 |
| Government National Mortgage Assn. | 0.17% | N/A | $993,829.66 | 940,000 | Mortgage Backed Securities | Mortgages | United States | 2.50% | NR | 01-Jan-2044 | -0.63 |
| Volkswagen Leasing GmbH | 0.17% | -0.02 | $984,472.86 | 750,000 | Corporate High Grade | Automotive | Germany | 1.63% | A3 | 15-Aug-2025 | 4.46 |
| APT Pipelines | 0.17% | -0.01 | $978,797.73 | 700,000 | Corporate High Grade | Energy | Australia | 2.00% | Baa2 | 15-Jul-2030 | 8.62 |
| Honeywell International | 0.17% | -0.01 | $977,937.35 | 760,000 | Corporate High Grade | Manufacturing | United States | 0.75% | A2 | 10-Mar-2032 | 10.67 |
| Sabine Pass Liquefaction | 0.17% | -0.02 | $973,099.45 | 815,000 | Corporate High Grade | Energy | United States | 5.00% | Baa3 | 15-Mar-2027 | 5.07 |
| Sequoia Mortgage Trust 2018-CH4 | 0.17% | N/A | $969,219.59 | 941,253 | Mortgage Backed Securities | Whole Loans Backed | United States | 4.00% | Aaa | 25-Oct-2048 | 2.10 |
| Paraguay Government International Bond | 0.16% | -0.02 | $945,736.94 | 700,000 | Government | Foreign Govt & Muni (Excl Canadian) | Paraguay | 6.10% | Ba1 | 11-Aug-2044 | 13.79 |
| BAMLL Commercial Mortgage Securities Trust 2018-DSNY | 0.16% | -0.03 | $940,735.17 | 950,000 | Mortgage Backed Securities | Commercial Mortgage Backed Securities | United States | 1.01% | NR | 15-Sep-2034 | 0.53 |
| Lennar | 0.16% | -0.02 | $935,891.67 | 815,000 | Corporate High Grade | Building & Real Estate | United States | 4.75% | Baa3 | 30-May-2025 | 3.85 |
| HDFC Bank | 0.16% | -0.02 | $924,348.26 | 60,000,000 | Emerging Market Corporate | Em-Banks | India | 8.10% | Baa3 | 22-Mar-2025 | 3.47 |
| Sempra Energy | 0.16% | -0.03 | $923,913.36 | 870,000 | Corporate High Grade | Utilities | United States | 2.90% | Baa2 | 01-Feb-2023 | 1.94 |
| Government National Mortgage Assn. | 0.16% | -0.05 | $918,172.48 | 839,720 | Mortgage Backed Securities | Mortgages | United States | 4.50% | NR | 20-Mar-2047 | 0.77 |
| Elanco Animal Health | 0.16% | -0.03 | $916,218.74 | 880,000 | Corporate High Yield | HY - Healthcare | United States | 4.91% | Ba2 | 27-Aug-2021 | 0.64 |
| Wintershall dea Finance BV | 0.16% | 0.00 | $910,064.54 | 700,000 | Corporate High Grade | Energy | Germany | 1.82% | Baa2 | 25-Sep-2031 | 9.72 |
| Boral Finance Pty | 0.16% | -0.03 | $907,821.73 | 855,000 | Corporate High Grade | Building Products | Australia | 3.75% | Baa2 | 01-May-2028 | 6.34 |
| GMF Floorplan Owner Revolving Trust | 0.16% | -0.03 | $905,302.75 | 885,000 | Asst Backed Securities | Auto Backed | United States | 3.68% | NR | 15-Sep-2023 | 0.69 |
| State Grid Overseas Investment 2016 | 0.16% | -0.02 | $904,290.80 | 700,000 | Corporate High Grade | Utilities | China | 1.38% | A1 | 02-May-2025 | 4.19 |
| Woodside Finance | 0.15% | -0.02 | $897,241.75 | 816,000 | Corporate High Grade | Exploration & Production | Australia | 3.70% | Baa1 | 15-Sep-2026 | 5.00 |
| Galp Energia Sgps | 0.15% | -0.02 | $896,526.10 | 700,000 | Corporate High Grade | Energy | Portugal | 2.00% | NR | 15-Jan-2026 | 4.62 |
| Ferrari | 0.15% | -0.02 | $893,353.06 | 700,000 | Corporate High Grade | Automotive | Italy | 1.50% | NR | 27-May-2025 | 4.24 |
| Boardwalk Pipelines | 0.15% | -0.03 | $891,507.12 | 750,000 | Corporate High Grade | Energy | United States | 5.95% | Baa3 | 01-Jun-2026 | 4.56 |
| Sierra Timeshare Conduit Receivables Funding | 0.15% | -0.05 | $888,127.98 | 871,202 | Mortgage Backed Securities | Asset Backed Other | United States | 2.91% | NR | 20-Mar-2034 | 2.69 |
| Federal National Mortgage Assn. | 0.15% | N/A | $883,497.94 | 833,679 | Mortgage Backed Securities | Mortgages | United States | 3.50% | NR | 01-May-2050 | 3.35 |
| Essilorluxottica | 0.15% | -0.02 | $877,599.39 | 700,000 | Corporate High Grade | Healthcare Services | France | 0.38% | A2 | 27-Nov-2027 | 6.70 |
| United Airlines 2018-1 Class AA Pass Through Trust | 0.15% | -0.02 | $876,481.64 | 881,905 | Corporate High Grade | Airlines | United States | 3.50% | A1 | 01-Mar-2030 | 5.72 |
| Deutsche Bank AG/New York NY | 0.15% | -0.03 | $872,934.17 | 860,000 | Corporate High Grade | Miscellaneous | Germany | 3.13% | Baa3 | 13-Jan-2021 | 0.03 |
| Verus Securitization Trust 2018-INV1 | 0.15% | -0.05 | $872,505.27 | 858,699 | Mortgage Backed Securities | Whole Loans Backed | United States | 3.63% | NR | 25-Mar-2058 | 1.61 |
| Altria | 0.15% | -0.02 | $871,431.02 | 690,000 | Corporate High Grade | Food/Tobacco | United States | 1.00% | A3 | 15-Feb-2023 | 2.02 |
| FCA Bank SpA/Ireland | 0.15% | -0.02 | $869,663.41 | 700,000 | Corporate High Grade | Automotive | Italy | 0.50% | Baa1 | 13-Sep-2024 | 3.51 |
| Romanian Government International Bond | 0.15% | -0.01 | $868,523.08 | 630,000 | Government | Foreign Govt & Muni (Excl Canadian) | Romania | 2.75% | Baa3 | 26-Feb-2026 | 4.80 |
| General Motors Financial | 0.15% | -0.03 | $867,300.60 | 845,000 | Corporate High Grade | Financial | United States | 3.20% | Baa3 | 06-Jul-2021 | 0.50 |
| AerCap Ireland Capital DAC / AerCap Global Aviation Trust | 0.15% | -0.00 | $859,807.21 | 750,000 | Corporate High Grade | Financial | Ireland | 4.63% | Baa3 | 15-Oct-2027 | 5.79 |
| Islandsbanki HF | 0.15% | N/A | $848,874.15 | 691,000 | Corporate High Grade | Banking | Iceland | 0.50% | NR | 20-Nov-2023 | 2.86 |
| Nasdaq | 0.15% | N/A | $841,023.69 | 850,000 | Corporate High Grade | Financial | United States | 1.65% | Baa2 | 15-Jan-2031 | 9.27 |
| AT&T | 0.15% | N/A | $840,971.41 | 830,000 | Corporate High Grade | Telephones | United States | 3.50% | Baa2 | 15-Sep-2053 | 19.59 |
| Vistra Operations | 0.14% | -0.02 | $832,882.06 | 745,000 | Corporate High Grade | Utilities | United States | 3.70% | Baa3 | 30-Jan-2027 | 5.35 |
| Federal National Mortgage Assn. | 0.14% | N/A | $825,816.76 | 780,428 | Mortgage Backed Securities | Mortgages | United States | 2.50% | NR | 01-Nov-2050 | 3.19 |
| Samhallsbyggnadsbolaget I Norden | 0.14% | -0.01 | $825,152.45 | 660,000 | Corporate High Grade | Real Estate Investment Trust Securities | Sweden | 1.00% | NR | 12-Aug-2027 | 6.27 |
| Ford Motor Credit | 0.14% | -0.02 | $822,666.67 | 800,000 | Corporate High Yield | HY-Automotive | United States | 5.75% | Ba2 | 01-Feb-2021 | 0.08 |
| Marriott International Inc/MD | 0.14% | N/A | $819,869.66 | 695,000 | Corporate High Grade | Lodging | United States | 5.75% | Baa3 | 01-May-2025 | 3.82 |
| Australia & New Zealand Banking | 0.14% | N/A | $818,373.68 | 800,000 | Corporate High Grade | Banking | Australia | 2.57% | Baa1 | 25-Nov-2035 | 8.81 |
| Alexandria Real Estate Equities | 0.14% | -0.02 | $814,444.19 | 690,000 | Corporate High Grade | Real Estate Investment Trust Securities | United States | 3.95% | Baa1 | 15-Jan-2028 | 6.04 |
| Centrais Eletricas Brasileiras | 0.14% | -0.01 | $810,950.21 | 750,000 | Corporate High Grade | Utilities | Brazil | 4.63% | NR | 04-Feb-2030 | 7.32 |
| Intesa Sanpaolo | 0.14% | -0.02 | $793,812.61 | 770,000 | Corporate High Grade | Banking | Italy | 6.50% | Baa1 | 24-Feb-2021 | 0.15 |
| Vistra Operations | 0.14% | -0.02 | $791,806.44 | 720,000 | Corporate High Grade | Utilities | United States | 3.55% | Baa3 | 15-Jul-2024 | 3.24 |
| Federal National Mortgage Assn. | 0.14% | N/A | $787,021.67 | 730,581 | Mortgage Backed Securities | Mortgages | United States | 3.00% | NR | 01-Jan-2035 | 2.62 |
| Mizuho Financial | 0.13% | -0.02 | $780,703.53 | 725,000 | Corporate High Grade | Banking | Japan | 3.55% | A1 | 05-Mar-2023 | 2.09 |
| Caixabank | 0.13% | -0.01 | $779,964.42 | 600,000 | Corporate High Yield | Hy-Banking | Spain | 2.75% | Ba1 | 14-Jul-2028 | 2.44 |
| Heta Asset Resolution | 0.13% | -0.02 | $771,993.99 | 600,000 | Agency/Supranationals | Foreign Agency | Austria | 2.38% | Aa1 | 13-Dec-2022 | 1.93 |
| Berkshire Hathaway Finance | 0.13% | -0.01 | $769,727.41 | 470,000 | Corporate High Grade | Conglomerates | United States | 2.38% | Aa2 | 19-Jun-2039 | 15.50 |
| Freddie Mac Structured Agency Credit Risk debt Notes | 0.13% | -0.02 | $764,191.54 | 726,335 | Mortgage Backed Securities | Whole Loans Backed | United States | 5.30% | A3 | 25-Nov-2028 | -1.11 |
| Romanian Government International Bond | 0.13% | N/A | $751,925.59 | 600,000 | Government | Foreign Govt & Muni (Excl Canadian) | Romania | 1.38% | Baa3 | 02-Dec-2029 | 8.43 |
| Federal National Mortgage Assn. | 0.13% | N/A | $749,491.87 | 675,052 | Mortgage Backed Securities | Mortgages | United States | 4.50% | NR | 01-Aug-2040 | 3.82 |
| Verizon Communications | 0.13% | N/A | $744,557.72 | 735,000 | Corporate High Grade | Telephones | United States | 2.65% | Baa1 | 20-Nov-2040 | 15.72 |
| QNB Finance | 0.13% | -0.02 | $741,217.16 | 700,000 | Corporate High Grade | Financial | Qatar | 2.63% | Aa3 | 12-May-2025 | 4.12 |
| Vodafone | 0.13% | -0.02 | $734,767.12 | 560,000 | Corporate High Grade | Wireless Communications | United Kingdom | 5.00% | Baa2 | 30-May-2038 | 12.63 |
| Netflix | 0.13% | -0.01 | $732,741.02 | 490,000 | Corporate High Yield | HY-Cable Operators | United States | 4.63% | Ba3 | 15-May-2029 | 7.09 |
| Alexandria Real Estate Equities | 0.13% | -0.02 | $730,295.21 | 625,000 | Corporate High Grade | Real Estate Investment Trust Securities | United States | 3.95% | Baa1 | 15-Jan-2027 | 5.22 |
| Aker BP | 0.12% | -0.01 | $724,161.14 | 680,000 | Corporate High Yield | Hy-Petroleum | Norway | 3.00% | Ba1 | 15-Jan-2025 | 3.71 |
| Romanian Government International Bond | 0.12% | N/A | $722,543.83 | 550,000 | Government | Foreign Govt & Muni (Excl Canadian) | Romania | 2.63% | Baa3 | 02-Dec-2040 | 15.88 |
| Mexican Bonos | 0.12% | -0.00 | $722,484.86 | 12,400,000 | Government | Foreign Govt & Muni (Excl Canadian) | Mexico | 7.75% | Baa1 | 13-Nov-2042 | 11.11 |
| Micron Technology | 0.12% | -0.02 | $702,294.89 | 620,000 | Corporate High Grade | Information Technology | United States | 4.64% | Baa3 | 06-Feb-2024 | 2.80 |
| Ren Finance BV | 0.12% | -0.01 | $684,871.97 | 500,000 | Corporate High Grade | Utilities | Portugal | 1.75% | Baa3 | 18-Jan-2028 | 6.43 |
| Republic of Austria Government Bond | 0.12% | -0.01 | $683,226.28 | 314,000 | Government | Foreign Govt & Muni (Excl Canadian) | Austria | 3.15% | Aa1 | 20-Jun-2044 | 18.77 |
| Allianz | 0.12% | -0.01 | $682,233.94 | 500,000 | Corporate High Grade | Insurance | Germany | 3.38% | A2 | 18-Sep-2169 | 3.52 |
| Sequoia Mortgage Trust 2018-CH3 | 0.12% | N/A | $678,032.34 | 651,009 | Mortgage Backed Securities | Whole Loans Backed | United States | 4.50% | Aaa | 25-Aug-2048 | 2.23 |
| NXP BV / NXP Funding | 0.12% | -0.02 | $675,145.32 | 590,000 | Corporate High Grade | Information Technology | Netherlands | 4.88% | Baa3 | 01-Mar-2024 | 2.87 |
| Government National Mortgage Assn. | 0.12% | N/A | $670,574.66 | 647,274 | Mortgage Backed Securities | Mortgages | United States | 3.00% | NR | 20-Sep-2049 | 0.37 |
| Bonos de la Tesoreria de la Republica en pesos | 0.12% | -0.01 | $669,179.99 | 400,000,000 | Government | Foreign Govt & Muni (Excl Canadian) | Chile | 4.70% | NR | 01-Sep-2030 | 7.83 |
| Federal National Mortgage Assn. | 0.11% | -0.04 | $664,642.71 | 592,360 | Mortgage Backed Securities | Mortgages | United States | 4.50% | NR | 01-Feb-2041 | 3.99 |
| Indonesia Treasury Bond | 0.11% | -0.01 | $663,692.29 | 7,263,000,000 | Government | Foreign Govt & Muni (Excl Canadian) | Indonesia | 9.50% | Baa2 | 15-May-2041 | 10.39 |
| CC Holdings GS V LLC / Crown Castle GS III | 0.11% | -0.02 | $659,875.23 | 610,000 | Corporate High Grade | Wireless Communications | United States | 3.85% | Baa2 | 15-Apr-2023 | 2.19 |
| Hasbro | 0.11% | -0.01 | $650,369.99 | 580,000 | Corporate High Grade | Consumer Products | United States | 3.55% | Baa3 | 19-Nov-2026 | 5.26 |
| CVS Health | 0.11% | -0.02 | $648,435.15 | 640,000 | Corporate High Grade | Retail | United States | 1.30% | Baa2 | 21-Aug-2027 | 6.32 |
| European Union | 0.11% | N/A | $647,052.78 | 513,000 | Government | Foreign Govt & Muni (Excl Canadian) | SNAT (Supe Natl Wrld Global) | 0.00% | Aaa | 04-Jul-2035 | 14.70 |
| Perrigo Finance Unlimited | 0.11% | -0.02 | $642,779.81 | 600,000 | Corporate High Grade | Drugs | United States | 3.15% | Baa3 | 15-Jun-2030 | 8.19 |
| Islandsbanki HF | 0.11% | -0.01 | $639,411.77 | 510,000 | Corporate High Grade | Banking | Iceland | 1.13% | NR | 19-Jan-2024 | 2.01 |
| BBVA Bancomer SA/Texas | 0.11% | -0.00 | $637,533.49 | 550,000 | Emerging Market Corporate | Em-Banks | Mexico | 5.88% | Baa3 | 13-Sep-2034 | 6.89 |
| Barclays | 0.11% | -0.02 | $623,850.38 | 595,000 | Corporate High Grade | Banking | United Kingdom | 3.68% | Baa2 | 10-Jan-2023 | 1.00 |
| Morgan Stanley | 0.11% | -0.02 | $621,476.62 | 535,000 | Corporate High Grade | Banking | United States | 3.63% | A2 | 20-Jan-2027 | 5.46 |
| French Republic Government Bond OAT | 0.11% | N/A | $620,536.82 | 380,000 | Government | Foreign Govt & Muni (Excl Canadian) | France | 1.75% | Aa2 | 25-Jun-2039 | 16.43 |
| CCO Holdings LLC / CCO Holdings Capital | 0.11% | -0.01 | $620,284.44 | 575,000 | Corporate High Yield | HY-Cable Operators | United States | 4.25% | B1 | 01-Feb-2031 | 6.05 |
| Federal National Mortgage Assn. | 0.11% | N/A | $618,283.96 | 580,709 | Mortgage Backed Securities | Mortgages | United States | 3.00% | NR | 01-Jan-2035 | 2.88 |
| Becton Dickinson And | 0.11% | -0.01 | $618,162.82 | 415,000 | Corporate High Yield | HY - Healthcare | United States | 3.02% | Ba1 | 24-May-2025 | 3.94 |
| Smb Private Education Loan Trust 2017 | 0.11% | -0.03 | $617,450.59 | 614,450 | Asst Backed Securities | Student Loans | United States | 1.06% | Aaa | 15-Sep-2034 | 0.05 |
| Landsbankinn HF | 0.11% | -0.01 | $615,247.33 | 500,000 | Corporate High Grade | Banking | Iceland | 0.50% | NR | 20-May-2024 | 3.34 |
| Morgan Stanley | 0.11% | -0.02 | $610,114.98 | 525,000 | Corporate High Grade | Miscellaneous | United States | 3.88% | A2 | 27-Jan-2026 | 4.61 |
| Goldman Sachs | 0.10% | -0.02 | $601,279.86 | 520,000 | Corporate High Grade | Banking | United States | 3.85% | A3 | 26-Jan-2027 | 4.73 |
| Angel Oak Mortgage Trust I LLC 2019-2 | 0.10% | -0.04 | $599,019.69 | 582,608 | Mortgage Backed Securities | Whole Loans Backed | United States | 3.63% | NR | 25-Mar-2049 | 0.95 |
| Export Import Bank of Thailand | 0.10% | N/A | $593,322.23 | 584,000 | Government | Foreign Govt & Muni (Excl Canadian) | Thailand | 1.46% | Baa1 | 15-Oct-2025 | 4.61 |
| Encore Capital | 0.10% | N/A | $587,954.12 | 420,000 | Corporate High Yield | Hy - Financial | United States | 5.38% | Ba3 | 15-Feb-2026 | 3.35 |
| Transnet SOC | 0.10% | -0.01 | $587,927.13 | 570,000 | Agency/Supranationals | Foreign Agency | South Africa | 4.00% | Ba2 | 26-Jul-2022 | 1.49 |
| Towd Point Mortgage Trust 2018-2 | 0.10% | -0.03 | $587,643.37 | 559,437 | Mortgage Backed Securities | Whole Loans Backed | United States | 3.25% | Aaa | 25-Mar-2058 | 2.20 |
| Government National Mortgage Assn. | 0.10% | -0.03 | $582,787.41 | 526,546 | Mortgage Backed Securities | Mortgages | United States | 4.00% | NR | 20-Mar-2045 | 2.17 |
| Alexandria Real Estate Equities | 0.10% | -0.02 | $579,943.10 | 490,000 | Corporate High Grade | Real Estate Investment Trust Securities | United States | 4.30% | Baa1 | 15-Jan-2026 | 4.36 |
| State Grid Overseas Investment 2016 | 0.10% | -0.02 | $576,475.58 | 560,000 | Agency/Supranationals | Foreign Agency | China | 2.75% | A1 | 04-May-2022 | 1.31 |
| Carrefour | 0.10% | -0.01 | $574,089.96 | 400,000 | Corporate High Grade | Supermarkets | France | 2.63% | NR | 15-Dec-2027 | 6.32 |
| AbbVie | 0.10% | N/A | $557,531.39 | 440,000 | Corporate High Grade | Miscellaneous | United States | 4.25% | Baa2 | 21-Nov-2049 | 18.26 |
| Federal National Mortgage Assn. | 0.10% | -0.03 | $551,640.80 | 490,979 | Mortgage Backed Securities | Mortgages | United States | 4.50% | NR | 01-Mar-2046 | 4.05 |
| Federal National Mortgage Assn. | 0.10% | N/A | $550,933.48 | 512,421 | Mortgage Backed Securities | Mortgages | United States | 3.50% | NR | 01-Apr-2031 | 2.27 |
| Realkredit Danmark | 0.09% | -0.01 | $548,987.23 | 3,050,000 | Mortgage Backed Securities | Non - Government Mortgages | Denmark | 2.00% | NR | 01-Apr-2024 | 3.14 |
| Victoria | 0.09% | -0.01 | $546,555.75 | 420,000 | Corporate High Yield | HY-Building Products | United Kingdom | 5.25% | B1 | 15-Jul-2024 | 0.98 |
| Globo Comunicacao E Participacoes | 0.09% | -0.01 | $545,702.92 | 500,000 | Emerging Market Corporate | Em-Telephones | Brazil | 4.88% | Ba1 | 22-Jan-2030 | 7.21 |
| Next | 0.09% | -0.00 | $539,319.41 | 350,000 | Corporate High Grade | Retail | United Kingdom | 3.63% | Baa2 | 18-May-2028 | 6.34 |
| Aker BP | 0.09% | -0.01 | $537,832.07 | 505,000 | Corporate High Yield | Hy-Petroleum | Norway | 3.75% | Ba1 | 15-Jan-2030 | 7.55 |
| AT&T | 0.09% | N/A | $533,750.91 | 500,000 | Corporate High Grade | Telephones | United States | 2.30% | Baa2 | 01-Jun-2027 | 5.93 |
| Fortum | 0.09% | -0.01 | $527,932.95 | 419,000 | Corporate High Grade | Utilities | Finland | 0.88% | NR | 27-Feb-2023 | 2.06 |
| Akelius Residential Property | 0.09% | -0.01 | $527,319.68 | 400,000 | Corporate High Grade | Real Estate Investment Trust Securities | Sweden | 1.75% | NR | 07-Feb-2025 | 3.73 |
| Colfax | 0.09% | -0.01 | $526,392.77 | 420,000 | Corporate High Yield | HY-Manufacturing | United States | 3.25% | Ba2 | 15-May-2025 | 0.60 |
| Verus Securitization Trust 2020-5 | 0.09% | N/A | $522,990.80 | 517,424 | Mortgage Backed Securities | Whole Loans Backed | United States | 1.73% | NR | 25-May-2065 | 1.91 |
| Virgin Media Secured Finance | 0.09% | -0.01 | $520,245.82 | 350,000 | Corporate High Yield | HY-Cable Operators | United Kingdom | 5.25% | Ba3 | 15-May-2029 | 4.06 |
| Lloyds Bank Corporate Markets | 0.09% | -0.01 | $516,536.86 | 370,000 | Corporate High Grade | Banking | United Kingdom | 1.50% | A1 | 23-Jun-2023 | 2.43 |
| Aes Gener | 0.09% | -0.01 | $512,746.88 | 450,000 | Emerging Market Corporate | Em-Utilities | Chile | 7.13% | Ba2 | 26-Mar-2079 | 3.04 |
| Qatar Government International Bond | 0.09% | -0.01 | $510,108.28 | 430,000 | Government | Foreign Govt & Muni (Excl Canadian) | Qatar | 3.75% | Aa3 | 16-Apr-2030 | 8.04 |
| International Game Technology | 0.09% | -0.00 | $509,684.76 | 400,000 | Corporate High Yield | HY-Gaming | Italy | 3.50% | Ba3 | 15-Jun-2026 | 2.25 |
| Kraton Polymers LLC / Kraton Polymers Capital | 0.09% | -0.01 | $505,317.30 | 395,000 | Corporate High Yield | HY - Chemicals | United States | 5.25% | B2 | 15-May-2026 | 0.85 |
| American Honda Finance | 0.09% | N/A | $502,889.78 | 366,000 | Corporate High Grade | Automotive | United States | 0.75% | A3 | 25-Nov-2026 | 5.78 |
| Ing Groep | 0.09% | -0.01 | $497,921.43 | 400,000 | Corporate High Grade | Banking | Netherlands | 1.00% | Baa2 | 13-Nov-2030 | 4.75 |
| Banco Bilbao Vizcaya Argentaria | 0.09% | -0.01 | $495,604.17 | 400,000 | Corporate High Grade | Banking | Spain | 1.00% | Baa3 | 16-Jan-2030 | 3.93 |
| Mastercard | 0.09% | -0.01 | $494,730.40 | 430,000 | Corporate High Grade | Banking | United States | 3.30% | A1 | 26-Mar-2027 | 5.59 |
| EQT | 0.09% | -0.01 | $493,336.46 | 390,000 | Corporate High Yield | HY-Energy | United States | 8.75% | Ba3 | 01-Feb-2030 | 6.33 |
| Avolon Holdings Funding | 0.08% | -0.00 | $486,270.31 | 470,000 | Corporate High Grade | Financial | Ireland | 3.25% | Baa3 | 15-Feb-2027 | 5.44 |
| Federal National Mortgage Assn. | 0.08% | N/A | $479,369.80 | 447,220 | Mortgage Backed Securities | Mortgages | United States | 3.50% | NR | 01-Jul-2050 | 3.41 |
| Brixmor Operating Partnership | 0.08% | -0.01 | $477,189.35 | 420,000 | Corporate High Grade | Real Estate Investment Trust Securities | United States | 4.13% | Baa3 | 15-Jun-2026 | 4.78 |
| Aflac | 0.08% | -0.02 | $472,713.58 | 400,000 | Corporate High Grade | Insurance | United States | 3.60% | A3 | 01-Apr-2030 | 7.91 |
| Romanian Government International Bond | 0.08% | -0.01 | $471,666.91 | 345,000 | Government | Foreign Govt & Muni (Excl Canadian) | Romania | 2.75% | Baa3 | 29-Oct-2025 | 4.57 |
| Edison International | 0.08% | -0.01 | $470,762.10 | 435,000 | Corporate High Grade | Utilities | United States | 3.55% | Baa3 | 15-Nov-2024 | 3.57 |
| Goldman Sachs | 0.08% | -0.01 | $467,828.84 | 350,000 | Corporate High Grade | Banking | United States | 1.63% | A3 | 27-Jul-2026 | 5.34 |
| Elisa | 0.08% | -0.01 | $462,443.71 | 374,000 | Corporate High Grade | Other Telecommunications | Finland | 0.25% | Baa2 | 15-Sep-2027 | 6.54 |
| Federal National Mortgage Assn. | 0.08% | N/A | $458,213.74 | 427,016 | Mortgage Backed Securities | Mortgages | United States | 3.50% | NR | 01-Jun-2033 | 2.85 |
| Aib | 0.08% | -0.01 | $440,656.65 | 400,000 | Corporate High Grade | Banking | Ireland | 4.26% | Baa2 | 10-Apr-2025 | 3.05 |
| Albertsons Cos Inc / Safeway Inc / New Albertsons LP / Albertsons | 0.08% | -0.01 | $437,734.70 | 390,000 | Corporate High Yield | Hy-Supermarkets | United States | 4.88% | B1 | 15-Feb-2030 | 5.25 |
| Sigma Holdco BV | 0.08% | -0.01 | $435,441.51 | 355,000 | Corporate High Yield | Hy - Financial | Netherlands | 5.75% | Caa1 | 15-May-2026 | 2.84 |
| Aib | 0.07% | -0.00 | $431,385.06 | 327,000 | Corporate High Grade | Banking | Ireland | 2.88% | Baa3 | 30-May-2031 | 5.02 |
| PG&E | 0.07% | -0.00 | $426,050.08 | 390,000 | Corporate High Yield | HY - Utilities | United States | 5.00% | B1 | 01-Jul-2028 | 3.46 |
| Comcast | 0.07% | -0.01 | $425,106.59 | 365,000 | Corporate High Grade | Cable Operators | United States | 3.40% | A3 | 01-Apr-2030 | 7.96 |
| Refinitiv US Holdings | 0.07% | -0.01 | $416,327.23 | 320,000 | Corporate High Yield | HY-Information Technology | United States | 4.50% | B2 | 15-May-2026 | 0.96 |
| Federal National Mortgage Assn. | 0.07% | -0.03 | $405,352.63 | 375,513 | Mortgage Backed Securities | Mortgages | United States | 4.00% | NR | 01-Aug-2047 | 3.06 |
| JPMorgan Chase | 0.07% | -0.01 | $401,829.46 | 365,000 | Corporate High Grade | Banking | United States | 2.96% | A3 | 13-May-2031 | 8.31 |
| HSBC Holdings | 0.07% | -0.01 | $398,731.50 | 315,000 | Corporate High Grade | Banking | United Kingdom | 4.95% | A2 | 31-Mar-2030 | 7.68 |
| Sequoia Mortgage Trust 2018-CH4 | 0.07% | N/A | $394,192.70 | 380,168 | Mortgage Backed Securities | Whole Loans Backed | United States | 4.50% | Aaa | 25-Oct-2048 | 2.09 |
| Ubs | 0.07% | -0.01 | $386,856.92 | 300,000 | Corporate High Grade | Banking | Switzerland | 1.25% | A3 | 17-Apr-2025 | 3.22 |
| Deephaven Residential Mortgage Trust 2018-2 | 0.07% | -0.03 | $382,099.06 | 372,893 | Mortgage Backed Securities | Whole Loans Backed | United States | 3.48% | NR | 25-Apr-2058 | 0.95 |
| Becton Dickinson And | 0.07% | -0.01 | $381,574.32 | 320,000 | Corporate High Yield | HY - Healthcare | United States | 3.79% | Ba1 | 20-May-2050 | 19.00 |
| Southern California Edison | 0.06% | -0.01 | $371,589.62 | 355,000 | Corporate High Grade | Utilities | United States | 2.25% | A3 | 01-Jun-2030 | 8.49 |
| SF Holding Investment | 0.06% | -0.01 | $370,552.08 | 340,000 | Emerging Market Corporate | Em-Transportation | China | 4.13% | A3 | 26-Jul-2023 | 2.41 |
| Leonardo | 0.06% | -0.00 | $367,028.88 | 284,000 | Corporate High Yield | Hy-Aerospace & Defense | Italy | 2.38% | Ba1 | 08-Jan-2026 | 4.55 |
| Mastercard | 0.06% | -0.01 | $363,286.30 | 310,000 | Corporate High Grade | Banking | United States | 3.35% | A1 | 26-Mar-2030 | 7.97 |
| NBK Tier 1 Financing 2 | 0.06% | -0.01 | $360,193.75 | 350,000 | Emerging Market Corporate | Em-Financial | Kuwait | 4.50% | Baa3 | 27-May-2169 | 4.23 |
| Serbia International Bond | 0.06% | -0.21 | $355,304.93 | 333,000 | Government | Foreign Govt & Muni (Excl Canadian) | Serbia | 7.25% | Ba3 | 28-Sep-2021 | 0.72 |
| Syngenta Finance | 0.06% | -0.01 | $354,931.64 | 350,000 | Corporate High Yield | Hy-Diversified Chemicals | Switzerland | 3.93% | Ba2 | 23-Apr-2021 | 0.30 |
| Takeda Pharmaceutical | 0.06% | -0.01 | $343,734.43 | 266,000 | Corporate High Grade | Drugs | Japan | 1.00% | Baa2 | 09-Jul-2029 | 8.06 |
| Government National Mortgage Assn. | 0.06% | -0.02 | $341,996.82 | 306,354 | Mortgage Backed Securities | Mortgages | United States | 5.00% | NR | 20-Jul-2047 | 1.29 |
| Celulosa Arauco Y Constitucion | 0.06% | -0.01 | $333,896.33 | 290,000 | Emerging Market Corporate | Em-Forest Products | Chile | 4.20% | Baa3 | 29-Jan-2030 | 7.50 |
| Infrastrutture Wireless Italiane | 0.06% | -0.00 | $333,289.48 | 257,000 | Corporate High Yield | Hy-Engineered Prod | Italy | 1.88% | NR | 08-Jul-2026 | 5.07 |
| Apple | 0.06% | -0.01 | $329,895.29 | 310,000 | Corporate High Grade | Computer Service & Software | United States | 2.65% | Aa1 | 11-May-2050 | 21.14 |
| Citigroup Commercial Mortgage Trust 2013-375P | 0.06% | -0.01 | $321,812.08 | 315,000 | Mortgage Backed Securities | Commercial Mortgage Backed Securities | United States | 3.52% | A1 | 10-May-2035 | 2.26 |
| Norway Government Bond | 0.06% | -0.00 | $321,684.55 | 2,610,000 | Government | Foreign Govt & Muni (Excl Canadian) | Norway | 2.00% | Aaa | 24-May-2023 | 2.33 |
| Intesa Sanpaolo | 0.06% | -0.00 | $321,238.59 | 200,000 | Corporate High Yield | Hy-Banking | Italy | 5.15% | Ba1 | 10-Jun-2030 | 7.67 |
| Lithuania Government International Bond | 0.06% | -0.01 | $321,174.93 | 200,000 | Government | Foreign Govt & Muni (Excl Canadian) | Lithuania | 2.13% | A3 | 22-Oct-2035 | 13.24 |
| Cigna | 0.05% | -0.01 | $316,578.08 | 295,000 | Corporate High Grade | Insurance | United States | 2.40% | Baa2 | 15-Mar-2030 | 8.23 |
| Ardagh Packaging Finance PLC / Ardagh Holdings USA | 0.05% | -0.01 | $315,421.88 | 300,000 | Corporate High Yield | HY-Container | United States | 4.13% | B1 | 15-Aug-2026 | 2.44 |
| Infrastrutture Wireless Italiane | 0.05% | N/A | $315,055.17 | 249,000 | Corporate High Yield | Hy-Engineered Prod | Italy | 1.63% | NR | 21-Oct-2028 | 7.23 |
| Federal National Mortgage Assn. | 0.05% | N/A | $312,200.81 | 291,742 | Mortgage Backed Securities | Mortgages | United States | 4.00% | NR | 01-Feb-2050 | 3.38 |
| Takeda Pharmaceutical | 0.05% | -0.00 | $312,075.37 | 235,000 | Corporate High Grade | Drugs | Japan | 1.38% | Baa2 | 09-Jul-2032 | 10.63 |
| Santander UK Group Holdings | 0.05% | -0.00 | $311,747.05 | 200,000 | Corporate High Grade | Banking | United Kingdom | 3.63% | Baa1 | 14-Jan-2026 | 4.58 |
| SBA Tower Trust | 0.05% | -0.01 | $311,322.87 | 305,000 | Corporate High Grade | Wireless Communications | United States | 2.33% | A2 | 15-Jan-2028 | 6.49 |
| United Airlines 2019-2 Class AA Pass Through Trust | 0.05% | -0.01 | $303,998.64 | 315,274 | Corporate High Grade | Airlines | United States | 2.70% | A1 | 01-May-2032 | 6.94 |
| Dexia Credit Local | 0.05% | -0.01 | $299,094.25 | 200,000 | Agency/Supranationals | Foreign Agency | France | 2.13% | Aa3 | 12-Feb-2025 | 3.92 |
| Bankia | 0.05% | -0.01 | $298,976.10 | 200,000 | Mortgage Backed Securities | Non - Government Mortgages | Spain | 4.00% | Aa1 | 03-Feb-2025 | 3.77 |
| Sequoia Mortgage Trust 2018-CH2 | 0.05% | -0.03 | $296,503.39 | 286,633 | Mortgage Backed Securities | Whole Loans Backed | United States | 4.00% | Aaa | 25-Jun-2048 | 3.09 |
| Pacific Gas & Electric | 0.05% | -0.01 | $294,418.17 | 290,000 | Corporate High Grade | Utilities | United States | 2.10% | Baa3 | 01-Aug-2027 | 6.06 |
| Volkswagen Financial Services | 0.05% | -0.00 | $293,899.82 | 200,000 | Corporate High Grade | Automotive | Germany | 2.25% | A3 | 12-Apr-2025 | 4.05 |
| Brixmor Operating Partnership | 0.05% | -0.01 | $291,731.05 | 268,000 | Corporate High Grade | Real Estate Investment Trust Securities | United States | 3.65% | Baa3 | 15-Jun-2024 | 3.13 |
| Freddie Mac Whole Loan Securities Trust | 0.05% | -0.01 | $288,704.62 | 286,253 | Mortgage Backed Securities | Whole Loans Backed | United States | 3.60% | A3 | 25-Dec-2046 | 1.60 |
| Marsh & McLennan | 0.05% | -0.01 | $286,515.10 | 270,000 | Corporate High Grade | Insurance | United States | 2.25% | Baa1 | 15-Nov-2030 | 8.87 |
| Nexa Resources | 0.05% | -0.01 | $280,342.78 | 250,000 | Emerging Market Corporate | Em-Metals | Peru | 5.38% | Ba2 | 04-May-2027 | 5.20 |
| Cosan | 0.05% | -0.00 | $278,509.44 | 250,000 | Emerging Market Corporate | Em-Food/Tobacco | Brazil | 5.50% | NR | 20-Sep-2029 | 3.33 |
| Danske Bank | 0.05% | -0.01 | $274,114.97 | 217,000 | Corporate High Grade | Banking | Denmark | 1.38% | Baa3 | 24-May-2022 | 1.38 |
| Federal National Mortgage Assn. | 0.05% | -0.01 | $273,264.18 | 234,545 | Mortgage Backed Securities | Mortgages | United States | 5.00% | NR | 01-Jul-2045 | 4.18 |
| Contourglobal Power Holdings | 0.05% | N/A | $268,861.44 | 217,000 | Corporate High Yield | HY - Utilities | Spain | 3.13% | NR | 01-Jan-2028 | 4.55 |
| Minerva Luxembourg | 0.05% | -0.01 | $267,328.89 | 250,000 | Emerging Market Corporate | Em-Food/Tobacco | Brazil | 6.50% | NR | 20-Sep-2026 | 0.69 |
| Mong Duong Finance Holdings BV | 0.05% | -0.01 | $265,037.69 | 250,000 | Emerging Market Corporate | Em-Utilities | Vietnam | 5.13% | Ba3 | 07-May-2029 | 2.19 |
| Bangkok Bank PCL/Hong Kong | 0.05% | -0.00 | $263,152.13 | 250,000 | Emerging Market Corporate | Em-Banks | Thailand | 3.73% | Baa3 | 25-Sep-2034 | 7.37 |
| Bayview Opportunity Master Fund IVb Trust 2017-RT2 | 0.05% | -0.02 | $262,596.40 | 258,360 | Mortgage Backed Securities | Whole Loans Backed | United States | 3.50% | NR | 28-Aug-2057 | 1.81 |
| Credit Agricole SA/London | 0.05% | -0.01 | $262,148.89 | 200,000 | Corporate High Grade | Banking | France | 1.38% | Baa1 | 13-Mar-2025 | 4.06 |
| Government National Mortgage Assn. | 0.05% | N/A | $261,784.09 | 241,316 | Mortgage Backed Securities | Mortgages | United States | 4.50% | NR | 20-Dec-2049 | 0.65 |
| Caixabank | 0.04% | -0.00 | $256,870.78 | 200,000 | Corporate High Grade | Banking | Spain | 1.13% | Baa1 | 17-May-2024 | 3.31 |
| 280 Park Avenue 2017-280P Mortgage Trust | 0.04% | -0.01 | $250,559.75 | 250,000 | Mortgage Backed Securities | Commercial Mortgage Backed Securities | United States | 1.23% | NR | 15-Sep-2034 | 0.54 |
| Sequoia Mortgage Trust 2018-CH3 | 0.04% | -0.02 | $238,522.91 | 230,421 | Mortgage Backed Securities | Whole Loans Backed | United States | 4.00% | Aaa | 25-Aug-2048 | 2.24 |
| Towd Point Mortgage Trust 2017-4 | 0.04% | -0.01 | $232,660.44 | 223,748 | Mortgage Backed Securities | Whole Loans Backed | United States | 2.75% | NR | 25-Jun-2057 | 2.16 |
| RELX Finance BV | 0.04% | -0.00 | $231,504.57 | 188,000 | Corporate High Grade | Media & Communications | United Kingdom | 0.00% | Baa1 | 18-Mar-2024 | 3.17 |
| Corp Nacional del Cobre de Chile | 0.04% | -0.01 | $231,393.00 | 200,000 | Corporate High Grade | Metals & Mining | Chile | 3.75% | A3 | 15-Jan-2031 | 8.30 |
| Medtronic Global Holdings SCA | 0.04% | -0.00 | $229,693.35 | 182,000 | Corporate High Grade | Healthcare | United States | 0.38% | A3 | 15-Oct-2028 | 7.57 |
| CVS Health | 0.04% | -0.10 | $223,902.68 | 207,000 | Corporate High Grade | Retail | United States | 3.70% | Baa2 | 09-Mar-2023 | 2.03 |
| Federal National Mortgage Assn. | 0.04% | -0.01 | $219,619.92 | 201,117 | Mortgage Backed Securities | Mortgages | United States | 4.00% | NR | 01-Sep-2043 | 3.62 |
| Cikarang Listrindo | 0.04% | N/A | $212,415.00 | 200,000 | Emerging Market Corporate | Em-Utilities | Indonesia | 4.95% | Ba2 | 14-Sep-2026 | 0.21 |
| Becton Dickinson And | 0.04% | -0.01 | $211,028.58 | 190,000 | Corporate High Yield | HY - Healthcare | United States | 3.73% | Ba1 | 15-Dec-2024 | 3.51 |
| Bahamas Government International Bond | 0.04% | -0.00 | $204,240.89 | 200,000 | Government | Foreign Govt & Muni (Excl Canadian) | Bahamas | 5.75% | Ba2 | 16-Jan-2024 | 2.68 |
| Federal National Mortgage Assn. | 0.03% | -0.01 | $200,407.26 | 182,077 | Mortgage Backed Securities | Mortgages | United States | 4.00% | NR | 01-Nov-2041 | 3.60 |
| Cirsa Finance International Sarl | 0.03% | -0.00 | $196,945.68 | 160,000 | Corporate High Yield | HY-Gaming | Spain | 6.25% | B3 | 20-Dec-2023 | 1.73 |
| Nissan Motor | 0.03% | -0.00 | $189,122.76 | 147,000 | Corporate High Grade | Automotive | Japan | 1.94% | Baa3 | 15-Sep-2023 | 2.64 |
| Deephaven Residential Mortgage Trust 2018-3 | 0.03% | -0.01 | $187,052.08 | 185,333 | Mortgage Backed Securities | Whole Loans Backed | United States | 3.79% | NR | 25-Aug-2058 | 0.93 |
| Federal National Mortgage Assn. | 0.03% | -0.01 | $186,650.16 | 171,850 | Mortgage Backed Securities | Mortgages | United States | 4.00% | NR | 01-Feb-2047 | 3.51 |
| State Street | 0.03% | N/A | $183,657.61 | 160,000 | Corporate High Grade | Miscellaneous | United States | 3.15% | A1 | 30-Mar-2031 | 8.16 |
| Israel Government International Bond | 0.03% | -0.00 | $178,691.42 | 130,000 | Government | Foreign Govt & Muni (Excl Canadian) | Israel | 2.88% | A1 | 29-Jan-2024 | 2.92 |
| Federal National Mortgage Assn. | 0.03% | -0.01 | $175,052.95 | 162,041 | Mortgage Backed Securities | Mortgages | United States | 3.00% | NR | 01-Nov-2036 | 2.43 |
| Government National Mortgage Assn. | 0.03% | -0.01 | $168,473.43 | 155,552 | Mortgage Backed Securities | Mortgages | United States | 4.00% | NR | 20-Jun-2047 | 0.35 |
| Sequoia Mortgage Trust 2018-CH2 | 0.03% | -0.02 | $166,688.46 | 165,408 | Mortgage Backed Securities | Whole Loans Backed | United States | 4.00% | Aaa | 25-Jun-2048 | 0.94 |
| Czech Gas Networks Investments Sarl | 0.03% | -0.00 | $165,698.64 | 129,000 | Corporate High Grade | Utilities | Luxembourg | 1.00% | NR | 16-Jul-2027 | 6.18 |
| Fiserv | 0.03% | -0.00 | $161,897.94 | 130,000 | Corporate High Grade | Information Technology | United States | 0.38% | Baa2 | 01-Jul-2023 | 2.42 |
| Federal National Mortgage Assn. | 0.03% | N/A | $160,076.90 | 145,383 | Mortgage Backed Securities | Mortgages | United States | 4.50% | NR | 01-Oct-2048 | 3.34 |
| Government National Mortgage Assn. | 0.03% | -0.01 | $152,480.32 | 136,601 | Mortgage Backed Securities | Mortgages | United States | 5.00% | NR | 20-Sep-2047 | 1.29 |
| Travis Perkins | 0.03% | -0.00 | $148,006.45 | 100,000 | Corporate High Yield | Hy-Industrial Other | United Kingdom | 4.50% | NR | 07-Sep-2023 | 2.54 |
| Intesa Sanpaolo | 0.03% | -0.00 | $145,895.18 | 100,000 | Mortgage Backed Securities | Non - Government Mortgages | Italy | 3.38% | Aa3 | 24-Jan-2025 | 3.79 |
| Credit Suisse | 0.02% | -0.00 | $144,333.66 | 100,000 | Corporate High Grade | Banking | Switzerland | 2.13% | Baa1 | 12-Sep-2025 | 3.57 |
| Federal National Mortgage Assn. | 0.02% | -0.01 | $144,178.66 | 129,303 | Mortgage Backed Securities | Mortgages | United States | 4.50% | NR | 01-May-2048 | 3.69 |
| Federal Home Loan Mortgage | 0.02% | -0.01 | $137,388.91 | 125,941 | Mortgage Backed Securities | Mortgages | United States | 3.00% | NR | 01-Dec-2042 | 4.49 |
| Commerzbank | 0.02% | -0.00 | $137,260.41 | 100,000 | Corporate High Grade | Banking | Germany | 4.00% | Baa3 | 05-Dec-2030 | 4.27 |
| Government National Mortgage Assn. | 0.02% | -0.01 | $136,902.33 | 128,278 | Mortgage Backed Securities | Mortgages | United States | 3.00% | NR | 20-Aug-2045 | 0.92 |
| Federal National Mortgage Assn. | 0.02% | -0.01 | $134,352.20 | 123,147 | Mortgage Backed Securities | Mortgages | United States | 3.00% | NR | 01-Nov-2036 | 2.61 |
| Banco Bilbao Vizcaya Argentaria | 0.02% | -0.00 | $132,074.10 | 100,000 | Corporate High Grade | Banking | Spain | 2.58% | Baa3 | 22-Feb-2029 | 2.99 |
| Alstria Office Reit | 0.02% | -0.00 | $129,667.47 | 100,000 | Corporate High Grade | Real Estate Investment Trust Securities | Germany | 1.50% | NR | 23-Jun-2026 | 5.08 |
| Avinor | 0.02% | -0.00 | $128,680.60 | 100,000 | Corporate High Grade | Airlines | Norway | 0.75% | A1 | 01-Oct-2030 | 9.34 |
| Mohawk Capital Finance | 0.02% | -0.00 | $127,923.08 | 100,000 | Corporate High Grade | Building Products | United States | 1.75% | Baa1 | 12-Jun-2027 | 5.98 |
| Adevinta | 0.02% | N/A | $127,824.23 | 100,000 | Corporate High Yield | Hy-Advertising | France | 3.00% | Ba3 | 15-Nov-2027 | 3.95 |
| Pacific Gas & Electric | 0.02% | -0.00 | $126,517.23 | 111,000 | Corporate High Grade | Miscellaneous | United States | 4.55% | Baa3 | 01-Jul-2030 | 7.70 |
| Cofinimmo | 0.02% | N/A | $125,018.34 | 100,000 | Corporate High Grade | Real Estate Investment Trust Securities | Belgium | 0.88% | NR | 02-Dec-2030 | 9.45 |
| Sequoia Mortgage Trust 2018-CH1 | 0.02% | -0.02 | $124,269.19 | 122,978 | Mortgage Backed Securities | Whole Loans Backed | United States | 3.50% | Aaa | 25-Feb-2048 | 1.82 |
| Boral Finance Pty | 0.02% | -0.00 | $123,270.85 | 120,000 | Corporate High Grade | Building Products | Australia | 3.00% | Baa2 | 01-Nov-2022 | 1.71 |
| Government National Mortgage Assn. | 0.02% | -0.01 | $121,733.91 | 109,917 | Mortgage Backed Securities | Mortgages | United States | 4.00% | NR | 20-Jan-2048 | 1.80 |
| Government National Mortgage Assn. | 0.02% | -0.01 | $119,689.73 | 110,344 | Mortgage Backed Securities | Mortgages | United States | 4.50% | NR | 20-Jan-2049 | 0.28 |
| US 10YR FUT OPTN Feb21C 138.5 | 0.02% | N/A | $119,062.50 | 508 | Financial Futures | Taxable Futures | United States | N/A | NR | N/A | 6.47 |
| Government National Mortgage Assn. | 0.02% | N/A | $116,294.30 | 104,969 | Mortgage Backed Securities | Mortgages | United States | 5.50% | NR | 20-Dec-2048 | 0.82 |
| Inter Media & Communication | 0.02% | -0.00 | $115,766.74 | 94,600 | Corporate High Yield | HY-Broadcasting | Italy | 4.88% | NR | 31-Dec-2022 | 1.44 |
| Federal National Mortgage Assn. | 0.02% | -0.01 | $114,157.73 | 104,183 | Mortgage Backed Securities | Mortgages | United States | 3.50% | NR | 01-Jan-2044 | 1.76 |
| Government National Mortgage Assn. | 0.02% | N/A | $114,085.53 | 103,829 | Mortgage Backed Securities | Mortgages | United States | 5.00% | NR | 20-Jun-2049 | 0.52 |
| Federal National Mortgage Assn. | 0.02% | -0.00 | $107,606.97 | 98,419 | Mortgage Backed Securities | Mortgages | United States | 3.00% | NR | 01-Mar-2043 | 4.69 |
| Towd Point Mortgage Trust 2018-1 | 0.02% | -0.01 | $105,544.44 | 101,210 | Mortgage Backed Securities | Whole Loans Backed | United States | 3.00% | Aaa | 25-Jan-2058 | 1.94 |
| Great Lakes Water Authority Sewage Disposal System Revenue | 0.02% | -0.00 | $103,628.67 | 100,000 | Tax-Free Revenue | Water & Sewer Revenue | United States | 1.83% | A1 | 01-Jul-2026 | 5.25 |
| Edison International | 0.02% | -0.00 | $93,857.27 | 90,000 | Corporate High Grade | Utilities | United States | 3.13% | Baa3 | 15-Nov-2022 | 1.75 |
| Federal National Mortgage Assn. | 0.02% | -0.01 | $90,179.10 | 82,714 | Mortgage Backed Securities | Mortgages | United States | 3.50% | NR | 01-Apr-2045 | 3.48 |
| Federal National Mortgage Assn. | 0.02% | N/A | $88,231.81 | 81,025 | Mortgage Backed Securities | Mortgages | United States | 4.50% | NR | 01-Aug-2048 | 3.65 |
| Federal Home Loan Mortgage | 0.02% | -0.01 | $87,381.12 | 83,191 | Mortgage Backed Securities | Mortgages | United States | 3.00% | NR | 01-Jan-2048 | 1.74 |
| Federal National Mortgage Assn. | 0.01% | N/A | $86,202.86 | 78,841 | Mortgage Backed Securities | Mortgages | United States | 4.50% | NR | 01-May-2049 | 3.40 |
| Edison International | 0.01% | -0.00 | $80,513.42 | 70,000 | Corporate High Grade | Utilities | United States | 4.95% | Baa3 | 15-Apr-2025 | 3.83 |
| Government National Mortgage Assn. | 0.01% | N/A | $78,457.36 | 71,836 | Mortgage Backed Securities | Mortgages | United States | 3.50% | NR | 20-Jun-2043 | 2.80 |
| Federal Home Loan Mortgage | 0.01% | -0.00 | $76,547.30 | 69,875 | Mortgage Backed Securities | Mortgages | United States | 3.50% | NR | 01-Nov-2042 | 2.25 |
| COMM 2015-LC21 Mortgage Trust | 0.01% | -0.00 | $76,146.59 | 70,000 | Mortgage Backed Securities | Commercial Mortgage Backed Securities | United States | 4.33% | NR | 10-Jul-2048 | 4.07 |
| Federal National Mortgage Assn. | 0.01% | -0.01 | $76,012.49 | 70,362 | Mortgage Backed Securities | Mortgages | United States | 4.00% | NR | 01-Jun-2047 | 3.06 |
| Federal Home Loan Mortgage | 0.01% | -0.00 | $75,465.16 | 69,327 | Mortgage Backed Securities | Mortgages | United States | 3.50% | NR | 01-Mar-2046 | 3.81 |
| Towd Point Mortgage Trust 2017-1 | 0.01% | -0.00 | $74,565.19 | 72,560 | Mortgage Backed Securities | Whole Loans Backed | United States | 2.75% | Aaa | 25-Oct-2056 | 1.49 |
| Federal National Mortgage Assn. | 0.01% | N/A | $72,278.68 | 66,341 | Mortgage Backed Securities | Mortgages | United States | 4.50% | NR | 01-Jul-2048 | 3.44 |
| Hillenbrand | 0.01% | -0.00 | $70,528.61 | 65,000 | Corporate High Yield | Hy-Industrial Other | United States | 5.75% | Ba1 | 15-Jun-2025 | 1.53 |
| Sydney Airport Finance Co Pty | 0.01% | N/A | $65,123.50 | 60,000 | Corporate High Grade | Transportation (Excluding Railroads) | Australia | 3.38% | Baa1 | 30-Apr-2025 | 3.87 |
| Federal National Mortgage Assn. | 0.01% | N/A | $62,413.76 | 57,359 | Mortgage Backed Securities | Mortgages | United States | 4.50% | NR | 01-Jan-2050 | 3.64 |
| CCO Holdings LLC / CCO Holdings Capital | 0.01% | -0.00 | $60,602.80 | 55,000 | Corporate High Yield | HY-Cable Operators | United States | 5.38% | B1 | 01-Jun-2029 | 4.28 |
| COMM 2016-CR28 Mortgage Trust | 0.01% | -0.00 | $60,211.46 | 55,957 | Mortgage Backed Securities | Commercial Mortgage Backed Securities | United States | 3.65% | Aaa | 10-Feb-2049 | 3.49 |
| Government National Mortgage Assn. | 0.01% | N/A | $53,316.41 | 50,000 | Mortgage Backed Securities | Mortgages | United States | 4.00% | NR | 01-Jan-2041 | 0.41 |
| Federal National Mortgage Assn. | 0.01% | -0.00 | $50,924.95 | 46,849 | Mortgage Backed Securities | Mortgages | United States | 4.50% | NR | 01-Sep-2048 | 3.44 |
| Federal National Mortgage Assn. | 0.01% | -0.00 | $49,946.82 | 44,783 | Mortgage Backed Securities | Mortgages | United States | 4.50% | NR | 01-Nov-2047 | 3.71 |
| Federal National Mortgage Assn. | 0.01% | -0.00 | $45,860.56 | 41,843 | Mortgage Backed Securities | Mortgages | United States | 3.50% | NR | 01-Jun-2046 | 3.84 |
| Federal National Mortgage Assn. | 0.01% | -0.00 | $45,388.30 | 41,839 | Mortgage Backed Securities | Mortgages | United States | 3.50% | NR | 01-Nov-2045 | 2.90 |
| Federal National Mortgage Assn. | 0.01% | -0.00 | $44,146.52 | 39,329 | Mortgage Backed Securities | Mortgages | United States | 4.50% | NR | 01-Jan-2044 | 4.05 |
| Federal National Mortgage Assn. | 0.01% | -0.00 | $43,087.78 | 37,035 | Mortgage Backed Securities | Mortgages | United States | 5.00% | NR | 01-Jul-2035 | 3.86 |
| Federal National Mortgage Assn. | 0.01% | -0.00 | $43,030.43 | 39,401 | Mortgage Backed Securities | Mortgages | United States | 3.50% | NR | 01-Oct-2042 | 1.93 |
| Federal National Mortgage Assn. | 0.01% | -0.00 | $42,779.13 | 39,378 | Mortgage Backed Securities | Mortgages | United States | 3.50% | NR | 01-May-2042 | 2.95 |
| Federal National Mortgage Assn. | 0.01% | -0.00 | $41,385.74 | 37,908 | Mortgage Backed Securities | Mortgages | United States | 3.50% | NR | 01-Sep-2042 | 2.03 |
| Government National Mortgage Assn. | 0.01% | -0.00 | $40,621.84 | 36,833 | Mortgage Backed Securities | Mortgages | United States | 5.00% | NR | 20-May-2048 | 0.69 |
| Government National Mortgage Assn. | 0.01% | -0.00 | $40,336.08 | 36,694 | Mortgage Backed Securities | Mortgages | United States | 3.50% | NR | 20-Feb-2046 | 3.00 |
| Federal National Mortgage Assn. | 0.01% | -0.00 | $39,713.36 | 36,693 | Mortgage Backed Securities | Mortgages | United States | 3.50% | NR | 01-Jul-2044 | 1.40 |
| Federal National Mortgage Assn. | 0.01% | -0.00 | $38,134.61 | 32,887 | Mortgage Backed Securities | Mortgages | United States | 5.00% | NR | 01-Mar-2034 | 3.71 |
| COMM 2015-PC1 Mortgage Trust | 0.01% | -0.00 | $37,486.33 | 35,000 | Mortgage Backed Securities | Commercial Mortgage Backed Securities | United States | 4.32% | NR | 10-Jul-2050 | 4.06 |
| Federal National Mortgage Assn. | 0.01% | -0.00 | $37,124.66 | 33,731 | Mortgage Backed Securities | Mortgages | United States | 4.00% | NR | 01-Aug-2042 | 3.22 |
| Federal National Mortgage Assn. | 0.01% | -0.00 | $36,524.82 | 33,471 | Mortgage Backed Securities | Mortgages | United States | 4.00% | NR | 01-Mar-2046 | 3.51 |
| Government National Mortgage Assn. | 0.01% | N/A | $35,721.67 | 32,887 | Mortgage Backed Securities | Mortgages | United States | 3.50% | NR | 20-Apr-2048 | 0.92 |
| Government National Mortgage Assn. | 0.01% | -0.00 | $35,044.99 | 31,893 | Mortgage Backed Securities | Mortgages | United States | 3.00% | NR | 20-Jul-2046 | 4.47 |
| Federal National Mortgage Assn. | 0.01% | -0.00 | $34,362.19 | 31,478 | Mortgage Backed Securities | Mortgages | United States | 4.00% | NR | 01-Jan-2046 | 3.51 |
| Government National Mortgage Assn. | 0.01% | -0.00 | $34,234.30 | 30,850 | Mortgage Backed Securities | Mortgages | United States | 3.50% | NR | 20-May-2045 | 2.97 |
| Towd Point Mortgage Trust 2016-2 | 0.01% | -0.00 | $33,970.03 | 33,468 | Mortgage Backed Securities | Home Equity Loans Backed | United States | 2.75% | Aaa | 25-Aug-2055 | 1.38 |
| Federal Home Loan Mortgage | 0.01% | -0.00 | $33,637.75 | 31,187 | Mortgage Backed Securities | Mortgages | United States | 3.50% | NR | 01-Sep-2042 | 3.40 |
| Federal Home Loan Mortgage | 0.01% | -0.00 | $31,599.94 | 29,082 | Mortgage Backed Securities | Mortgages | United States | 3.50% | NR | 01-Sep-2042 | 3.40 |
| Federal Home Loan Mortgage | 0.01% | -0.00 | $29,847.75 | 27,113 | Mortgage Backed Securities | Mortgages | United States | 4.00% | NR | 01-Dec-2040 | 3.42 |
| Federal Home Loan Mortgage | 0.00% | -0.00 | $28,826.28 | 26,518 | Mortgage Backed Securities | Mortgages | United States | 3.50% | NR | 01-Aug-2042 | 3.40 |
| Fannie Mae REMICS | 0.00% | -0.00 | $28,743.12 | 28,508 | Mortgage Backed Securities | Agency Bkd CMO | United States | 0.65% | NR | 25-Sep-2046 | 1.37 |
| Government National Mortgage Assn. | 0.00% | -0.00 | $28,640.00 | 25,790 | Mortgage Backed Securities | Mortgages | United States | 3.50% | NR | 20-Mar-2043 | 3.24 |
| Federal National Mortgage Assn. | 0.00% | -0.00 | $27,439.74 | 25,052 | Mortgage Backed Securities | Mortgages | United States | 4.00% | NR | 01-Oct-2045 | 3.51 |
| Federal National Mortgage Assn. | 0.00% | -0.00 | $26,822.16 | 24,806 | Mortgage Backed Securities | Mortgages | United States | 3.00% | NR | 01-Nov-2046 | 3.47 |
| Federal National Mortgage Assn. | 0.00% | -0.00 | $26,403.04 | 23,443 | Mortgage Backed Securities | Mortgages | United States | 4.50% | NR | 01-Feb-2041 | 3.82 |
| Government National Mortgage Assn. | 0.00% | -0.00 | $25,656.52 | 23,673 | Mortgage Backed Securities | Mortgages | United States | 3.00% | NR | 20-Jul-2046 | 3.78 |
| Federal National Mortgage Assn. | 0.00% | -0.00 | $24,629.50 | 22,274 | Mortgage Backed Securities | Mortgages | United States | 4.00% | NR | 01-Dec-2042 | 3.55 |
| Federal National Mortgage Assn. | 0.00% | -0.00 | $24,132.54 | 22,107 | Mortgage Backed Securities | Mortgages | United States | 4.00% | NR | 01-Nov-2045 | 3.51 |
| Federal National Mortgage Assn. | 0.00% | -0.00 | $24,098.72 | 19,960 | Mortgage Backed Securities | Mortgages | United States | 6.00% | NR | 01-Dec-2035 | 3.94 |
| Government National Mortgage Association | 0.00% | -0.00 | $23,126.30 | 22,265 | Mortgage Backed Securities | Agency Bkd CMO | United States | 3.00% | NR | 20-Dec-2047 | 1.25 |
| Federal National Mortgage Assn. | 0.00% | -0.00 | $22,969.80 | 20,951 | Mortgage Backed Securities | Mortgages | United States | 3.50% | NR | 01-Jan-2043 | 1.24 |
| Federal National Mortgage Assn. | 0.00% | -0.00 | $22,589.30 | 20,683 | Mortgage Backed Securities | Mortgages | United States | 3.00% | NR | 01-Dec-2036 | 2.93 |
| Federal Home Loan Mortgage | 0.00% | -0.00 | $21,924.70 | 19,853 | Mortgage Backed Securities | Mortgages | United States | 4.00% | NR | 01-Feb-2041 | 3.32 |
| Government National Mortgage Assn. | 0.00% | -0.00 | $21,512.84 | 19,188 | Mortgage Backed Securities | Mortgages | United States | 5.00% | NR | 20-Aug-2047 | 1.29 |
| Federal National Mortgage Assn. | 0.00% | -0.00 | $21,238.62 | 19,446 | Mortgage Backed Securities | Mortgages | United States | 3.00% | NR | 01-Nov-2036 | 2.62 |
| Government National Mortgage Assn. | 0.00% | -0.00 | $21,132.46 | 19,716 | Mortgage Backed Securities | Mortgages | United States | 3.50% | NR | 15-Sep-2041 | 3.51 |
| Federal National Mortgage Assn. | 0.00% | -0.00 | $20,991.66 | 19,416 | Mortgage Backed Securities | Mortgages | United States | 3.00% | NR | 01-Aug-2043 | 2.57 |
| Mill City Mortgage Loan Trust 2016-1 | 0.00% | -0.00 | $19,825.96 | 19,576 | Mortgage Backed Securities | Whole Loans Backed | United States | 2.50% | Aaa | 25-Apr-2057 | 0.73 |
| Government National Mortgage Assn. | 0.00% | -0.00 | $19,428.11 | 18,086 | Mortgage Backed Securities | Mortgages | United States | 3.00% | NR | 20-Jun-2046 | 3.01 |
| Government National Mortgage Assn. | 0.00% | -0.00 | $18,995.30 | 17,461 | Mortgage Backed Securities | Mortgages | United States | 3.00% | NR | 20-Aug-2046 | 4.48 |
| Federal National Mortgage Assn. | 0.00% | -0.00 | $18,835.20 | 17,315 | Mortgage Backed Securities | Mortgages | United States | 3.00% | NR | 01-Nov-2042 | 4.45 |
| Federal Home Loan Mortgage | 0.00% | -0.00 | $18,617.32 | 16,479 | Mortgage Backed Securities | Mortgages | United States | 4.50% | NR | 01-May-2042 | 3.92 |
| Government National Mortgage Assn. | 0.00% | -0.00 | $18,460.93 | 16,633 | Mortgage Backed Securities | Mortgages | United States | 3.50% | NR | 20-Oct-2044 | 3.43 |
| Federal National Mortgage Assn. | 0.00% | -0.00 | $17,952.75 | 16,516 | Mortgage Backed Securities | Mortgages | United States | 4.00% | NR | 01-Dec-2045 | 3.51 |
| Federal National Mortgage Assn. | 0.00% | -0.00 | $17,508.32 | 15,920 | Mortgage Backed Securities | Mortgages | United States | 4.00% | NR | 01-Feb-2041 | 3.43 |
| Government National Mortgage Assn. | 0.00% | -0.00 | $17,056.74 | 15,449 | Mortgage Backed Securities | Mortgages | United States | 3.00% | NR | 20-Jul-2046 | 4.85 |
| SLM Student Loan Trust 2008-9 | 0.00% | -0.00 | $16,822.51 | 16,765 | Mortgage Backed Securities | Asset Backed Other | United States | 1.71% | Baa3 | 25-Apr-2023 | 0.08 |
| Government National Mortgage Assn. | 0.00% | -0.00 | $16,660.61 | 15,162 | Mortgage Backed Securities | Mortgages | United States | 3.00% | NR | 20-Jul-2046 | 4.31 |
| Government National Mortgage Assn. | 0.00% | -0.00 | $16,648.92 | 15,228 | Mortgage Backed Securities | Mortgages | United States | 3.00% | NR | 20-May-2046 | 4.48 |
| Government National Mortgage Assn. | 0.00% | -0.00 | $16,424.18 | 14,168 | Mortgage Backed Securities | Mortgages | United States | 5.50% | NR | 20-Jun-2044 | 3.32 |
| Government National Mortgage Assn. | 0.00% | -0.00 | $16,017.65 | 14,332 | Mortgage Backed Securities | Mortgages | United States | 4.50% | NR | 20-Jul-2039 | 2.97 |
| Federal National Mortgage Assn. | 0.00% | -0.00 | $15,774.22 | 13,513 | Mortgage Backed Securities | Mortgages | United States | 5.00% | NR | 01-Apr-2040 | 4.18 |
| Government National Mortgage Assn. | 0.00% | -0.00 | $15,718.44 | 14,239 | Mortgage Backed Securities | Mortgages | United States | 3.00% | NR | 20-May-2046 | 4.68 |
| Wells Fargo Commercial Mortgage Trust 2015-NXS2 | 0.00% | -0.00 | $15,299.58 | 15,000 | Mortgage Backed Securities | Loan/Bond Backed | United States | 4.29% | NR | 15-Jul-2058 | 4.12 |
| Government National Mortgage Assn. | 0.00% | -0.00 | $14,784.79 | 13,322 | Mortgage Backed Securities | Mortgages | United States | 4.00% | NR | 20-Jul-2042 | 3.23 |
| Government National Mortgage Assn. | 0.00% | -0.00 | $14,598.01 | 13,408 | Mortgage Backed Securities | Mortgages | United States | 3.00% | NR | 20-Sep-2046 | 4.01 |
| Government National Mortgage Assn. | 0.00% | -0.00 | $14,534.60 | 13,746 | Mortgage Backed Securities | Mortgages | United States | 3.00% | NR | 15-Dec-2042 | 4.30 |
| Federal Home Loan Mortgage | 0.00% | -0.00 | $14,130.48 | 12,537 | Mortgage Backed Securities | Mortgages | United States | 4.50% | NR | 01-Feb-2041 | 3.83 |
| Government National Mortgage Assn. | 0.00% | -0.00 | $14,010.52 | 12,811 | Mortgage Backed Securities | Mortgages | United States | 3.50% | NR | 20-May-2045 | 3.08 |
| Government National Mortgage Assn. | 0.00% | -0.00 | $13,346.95 | 12,023 | Mortgage Backed Securities | Mortgages | United States | 3.50% | NR | 20-Jan-2046 | 2.96 |
| Government National Mortgage Assn. | 0.00% | -0.00 | $13,201.90 | 12,123 | Mortgage Backed Securities | Mortgages | United States | 3.00% | NR | 20-Jul-2046 | 4.00 |
| Federal National Mortgage Assn. | 0.00% | -0.00 | $12,981.72 | 11,022 | Mortgage Backed Securities | Mortgages | United States | 5.50% | NR | 01-Jul-2036 | 3.90 |
| Federal National Mortgage Assn. | 0.00% | -0.00 | $12,957.68 | 11,821 | Mortgage Backed Securities | Mortgages | United States | 3.50% | NR | 01-Sep-2043 | 4.09 |
| Federal National Mortgage Assn. | 0.00% | -0.00 | $12,898.33 | 11,795 | Mortgage Backed Securities | Mortgages | United States | 4.00% | NR | 01-Oct-2044 | 3.43 |
| Federal National Mortgage Assn. | 0.00% | -0.00 | $12,576.58 | 11,633 | Mortgage Backed Securities | Mortgages | United States | 3.00% | NR | 01-Feb-2044 | 2.94 |
| Federal National Mortgage Assn. | 0.00% | -0.00 | $12,294.29 | 11,297 | Mortgage Backed Securities | Mortgages | United States | 3.50% | NR | 01-Jan-2046 | 3.67 |
| Federal National Mortgage Assn. | 0.00% | -0.00 | $12,149.79 | 10,108 | Mortgage Backed Securities | Mortgages | United States | 6.00% | NR | 01-Feb-2034 | 3.70 |
| Federal Home Loan Mortgage | 0.00% | -0.00 | $11,880.62 | 10,541 | Mortgage Backed Securities | Mortgages | United States | 4.50% | NR | 01-Feb-2041 | 3.83 |
| Federal National Mortgage Assn. | 0.00% | -0.00 | $11,513.35 | 10,235 | Mortgage Backed Securities | Mortgages | United States | 4.50% | NR | 01-Apr-2042 | 3.99 |
| Towd Point Mortgage Trust 2015-5 | 0.00% | -0.00 | $11,276.27 | 11,153 | Mortgage Backed Securities | Whole Loans Backed | United States | 2.75% | Aaa | 25-May-2055 | 0.63 |
| Morgan Stanley Capital I Trust 2015-MS1 | 0.00% | -0.00 | $11,197.35 | 10,000 | Mortgage Backed Securities | Commercial Mortgage Backed Securities | United States | 4.03% | Aa1 | 15-May-2048 | 4.04 |
| Federal National Mortgage Assn. | 0.00% | -0.00 | $11,159.67 | 10,262 | Mortgage Backed Securities | Mortgages | United States | 3.50% | NR | 01-Aug-2042 | 1.29 |
| Federal Home Loan Mortgage | 0.00% | -0.00 | $10,795.29 | 10,125 | Mortgage Backed Securities | Mortgages | United States | 3.00% | NR | 01-Jun-2043 | 3.46 |
| Government National Mortgage Assn. | 0.00% | -0.00 | $10,616.39 | 9,653 | Mortgage Backed Securities | Mortgages | United States | 3.00% | NR | 20-Aug-2046 | 5.03 |
| Federal National Mortgage Assn. | 0.00% | -0.00 | $10,569.75 | 9,636 | Mortgage Backed Securities | Mortgages | United States | 4.00% | NR | 01-Oct-2044 | 3.43 |
| Federal Home Loan Mortgage | 0.00% | -0.00 | $10,188.62 | 9,212 | Mortgage Backed Securities | Mortgages | United States | 4.00% | NR | 01-Dec-2040 | 3.42 |
| Federal National Mortgage Assn. | 0.00% | -0.00 | $10,079.59 | 9,263 | Mortgage Backed Securities | Mortgages | United States | 3.50% | NR | 01-Jul-2043 | 3.07 |
| Federal National Mortgage Assn. | 0.00% | -0.00 | $9,962.46 | 9,151 | Mortgage Backed Securities | Mortgages | United States | 3.50% | NR | 01-Aug-2043 | 3.77 |
| Federal National Mortgage Assn. | 0.00% | -0.00 | $9,732.65 | 8,873 | Mortgage Backed Securities | Mortgages | United States | 4.00% | NR | 01-Nov-2040 | 3.00 |
| Federal National Mortgage Assn. | 0.00% | -0.00 | $9,602.22 | 8,132 | Mortgage Backed Securities | Mortgages | United States | 6.50% | NR | 01-Oct-2037 | 3.96 |
| Federal National Mortgage Assn. | 0.00% | -0.00 | $9,376.94 | 8,614 | Mortgage Backed Securities | Mortgages | United States | 3.50% | NR | 01-Jun-2042 | 1.79 |
| Federal National Mortgage Assn. | 0.00% | -0.00 | $9,301.47 | 7,718 | Mortgage Backed Securities | Mortgages | United States | 6.00% | NR | 01-Sep-2038 | 4.01 |
| Government National Mortgage Assn. | 0.00% | -0.00 | $8,879.86 | 8,000 | Mortgage Backed Securities | Mortgages | United States | 4.00% | NR | 20-May-2041 | 3.21 |
| Federal Home Loan Mortgage | 0.00% | -0.00 | $8,838.69 | 8,079 | Mortgage Backed Securities | Mortgages | United States | 4.00% | NR | 01-Dec-2041 | 3.45 |
| Federal National Mortgage Assn. | 0.00% | -0.00 | $8,555.82 | 7,275 | Mortgage Backed Securities | Mortgages | United States | 5.50% | NR | 01-Dec-2035 | 3.90 |
| Government National Mortgage Assn. | 0.00% | -0.00 | $8,185.56 | 7,316 | Mortgage Backed Securities | Mortgages | United States | 4.50% | NR | 20-Sep-2040 | 2.82 |
| Federal National Mortgage Assn. | 0.00% | -0.00 | $8,130.80 | 7,000 | Mortgage Backed Securities | Mortgages | United States | 5.50% | NR | 01-Mar-2037 | 3.99 |
| Government National Mortgage Assn. | 0.00% | -0.00 | $8,063.66 | 7,214 | Mortgage Backed Securities | Mortgages | United States | 4.50% | NR | 20-Feb-2040 | 2.97 |
| Government National Mortgage Assn. | 0.00% | -0.00 | $7,568.91 | 6,888 | Mortgage Backed Securities | Mortgages | United States | 3.00% | NR | 20-Jul-2046 | 4.68 |
| Federal National Mortgage Assn. | 0.00% | -0.00 | $7,426.15 | 6,878 | Mortgage Backed Securities | Mortgages | United States | 3.50% | NR | 01-Apr-2043 | 3.17 |
| Towd Point Mortgage Trust 2015-4 | 0.00% | -0.00 | $7,424.51 | 7,357 | Mortgage Backed Securities | Whole Loans Backed | United States | 2.75% | Aaa | 25-Apr-2055 | 0.40 |
| Federal Home Loan Mortgage | 0.00% | -0.00 | $7,115.21 | 6,313 | Mortgage Backed Securities | Mortgages | United States | 6.50% | NR | 01-Nov-2034 | 3.75 |
| Federal National Mortgage Assn. | 0.00% | -0.00 | $7,052.01 | 6,325 | Mortgage Backed Securities | Mortgages | United States | 4.50% | NR | 01-Sep-2039 | 3.66 |
| Federal National Mortgage Assn. | 0.00% | -0.00 | $6,974.39 | 6,395 | Mortgage Backed Securities | Mortgages | United States | 3.00% | NR | 01-Feb-2043 | 4.37 |
| Federal National Mortgage Assn. | 0.00% | -0.00 | $6,840.59 | 6,506 | Mortgage Backed Securities | Mortgages | United States | 3.00% | NR | 01-Jun-2033 | 2.93 |
| Federal National Mortgage Assn. | 0.00% | -0.00 | $6,700.31 | 5,747 | Mortgage Backed Securities | Mortgages | United States | 5.00% | NR | 01-Jun-2035 | 3.86 |
| Federal Home Loan Mortgage | 0.00% | -0.00 | $6,612.24 | 5,869 | Mortgage Backed Securities | Mortgages | United States | 4.50% | NR | 01-Oct-2039 | 3.65 |
| Federal National Mortgage Assn. | 0.00% | -0.00 | $6,499.24 | 5,911 | Mortgage Backed Securities | Mortgages | United States | 4.00% | NR | 01-Apr-2041 | 3.43 |
| Federal National Mortgage Assn. | 0.00% | -0.00 | $6,318.13 | 5,432 | Mortgage Backed Securities | Mortgages | United States | 5.00% | NR | 01-Feb-2038 | 3.86 |
| Elara Hgv Timeshare Issuer 2014 | 0.00% | -0.00 | $6,120.96 | 6,107 | Mortgage Backed Securities | Asset Backed Other | United States | 2.53% | NR | 25-Feb-2027 | 0.66 |
| Federal National Mortgage Assn. | 0.00% | -0.00 | $6,034.37 | 5,449 | Mortgage Backed Securities | Mortgages | United States | 3.50% | NR | 01-Mar-2044 | 4.19 |
| Federal National Mortgage Assn. | 0.00% | -0.00 | $6,014.86 | 5,341 | Mortgage Backed Securities | Mortgages | United States | 4.50% | NR | 01-Jun-2039 | 3.66 |
| Federal Home Loan Mortgage | 0.00% | -0.00 | $6,012.79 | 5,335 | Mortgage Backed Securities | Mortgages | United States | 4.50% | NR | 01-Mar-2040 | 3.56 |
| GS Mortgage-Backed Securities Trust | 0.00% | -0.00 | $5,934.03 | 5,861 | Mortgage Backed Securities | Whole Loans Backed | United States | 2.31% | NR | 25-Jul-2044 | 0.23 |
| Federal Home Loan Mortgage | 0.00% | -0.00 | $5,887.43 | 5,041 | Mortgage Backed Securities | Mortgages | United States | 5.00% | NR | 01-Apr-2040 | 3.98 |
| Federal National Mortgage Assn. | 0.00% | -0.00 | $5,656.20 | 4,821 | Mortgage Backed Securities | Mortgages | United States | 5.50% | NR | 01-Dec-2038 | 3.71 |
| Government National Mortgage Assn. | 0.00% | -0.00 | $5,306.69 | 4,623 | Mortgage Backed Securities | Mortgages | United States | 5.00% | NR | 20-Oct-2040 | 3.04 |
| Federal National Mortgage Assn. | 0.00% | -0.00 | $5,202.66 | 4,745 | Mortgage Backed Securities | Mortgages | United States | 3.50% | NR | 01-Apr-2043 | 4.02 |
| Government National Mortgage Assn. | 0.00% | -0.00 | $5,175.01 | 4,504 | Mortgage Backed Securities | Mortgages | United States | 5.00% | NR | 20-Jun-2040 | 3.04 |
| Government National Mortgage Assn. | 0.00% | -0.00 | $5,052.49 | 4,400 | Mortgage Backed Securities | Mortgages | United States | 5.00% | NR | 20-Nov-2039 | 3.08 |
| Federal National Mortgage Assn. | 0.00% | -0.00 | $5,000.74 | 4,717 | Mortgage Backed Securities | Mortgages | United States | 4.50% | NR | 01-Oct-2026 | 1.26 |
| Federal National Mortgage Assn. | 0.00% | -0.00 | $4,772.36 | 4,410 | Mortgage Backed Securities | Mortgages | United States | 3.50% | NR | 01-Aug-2043 | 3.61 |
| Towd Point Mortgage Trust 2015-3 | 0.00% | -0.00 | $4,746.83 | 4,712 | Mortgage Backed Securities | Home Equity Loans Backed | United States | 3.00% | Aaa | 25-Mar-2054 | 0.35 |
| Federal National Mortgage Assn. | 0.00% | -0.00 | $4,664.67 | 3,967 | Mortgage Backed Securities | Mortgages | United States | 5.50% | NR | 01-Nov-2034 | 3.90 |
| Federal National Mortgage Assn. | 0.00% | 0.00 | $4,505.73 | 3,893 | Mortgage Backed Securities | Mortgages | United States | 5.00% | NR | 01-Oct-2034 | 3.71 |
| Federal Home Loan Mortgage | 0.00% | 0.00 | $4,497.53 | 4,007 | Mortgage Backed Securities | Mortgages | United States | 4.50% | NR | 01-Jul-2039 | 3.65 |
| Federal Home Loan Mortgage | 0.00% | 0.00 | $4,270.01 | 3,999 | Mortgage Backed Securities | Mortgages | United States | 4.50% | NR | 01-Nov-2024 | 1.22 |
| Federal National Mortgage Assn. | 0.00% | 0.00 | $4,170.22 | 3,815 | Mortgage Backed Securities | Mortgages | United States | 4.00% | NR | 01-Sep-2045 | 3.51 |
| Federal National Mortgage Assn. | 0.00% | 0.00 | $4,103.50 | 3,515 | Mortgage Backed Securities | Mortgages | United States | 5.00% | NR | 01-Apr-2041 | 4.28 |
| Federal National Mortgage Assn. | 0.00% | 0.00 | $3,977.15 | 3,374 | Mortgage Backed Securities | Mortgages | United States | 6.50% | NR | 01-Jul-2032 | 3.48 |
| Federal National Mortgage Assn. | 0.00% | 0.00 | $3,948.88 | 3,342 | Mortgage Backed Securities | Mortgages | United States | 6.50% | NR | 01-Aug-2038 | 3.76 |
| Federal National Mortgage Assn. | 0.00% | 0.00 | $3,880.00 | 3,523 | Mortgage Backed Securities | Mortgages | United States | 3.50% | NR | 01-Jun-2043 | 4.22 |
| Federal National Mortgage Assn. | 0.00% | 0.00 | $3,813.31 | 3,267 | Mortgage Backed Securities | Mortgages | United States | 5.00% | NR | 01-May-2038 | 3.98 |
| Federal Home Loan Mortgage | 0.00% | 0.00 | $3,720.57 | 3,380 | Mortgage Backed Securities | Mortgages | United States | 4.00% | NR | 01-Jan-2041 | 3.42 |
| Federal Home Loan Mortgage | 0.00% | 0.00 | $3,338.16 | 2,872 | Mortgage Backed Securities | Mortgages | United States | 5.00% | NR | 01-Jul-2040 | 4.13 |
| Federal National Mortgage Assn. | 0.00% | 0.00 | $3,322.15 | 2,753 | Mortgage Backed Securities | Mortgages | United States | 6.00% | NR | 01-Aug-2034 | 3.70 |
| Federal National Mortgage Assn. | 0.00% | 0.00 | $3,257.83 | 2,796 | Mortgage Backed Securities | Mortgages | United States | 5.00% | NR | 01-Feb-2038 | 3.86 |
| Government National Mortgage Assn. | 0.00% | 0.00 | $3,214.00 | 2,799 | Mortgage Backed Securities | Mortgages | United States | 5.00% | NR | 20-May-2040 | 3.04 |
| Federal National Mortgage Assn. | 0.00% | 0.00 | $3,011.87 | 2,516 | Mortgage Backed Securities | Mortgages | United States | 6.00% | NR | 01-Oct-2038 | 4.01 |
| Federal National Mortgage Assn. | 0.00% | 0.00 | $2,797.54 | 2,400 | Mortgage Backed Securities | Mortgages | United States | 5.00% | NR | 01-Jun-2041 | 4.18 |
| Federal National Mortgage Assn. | 0.00% | 0.00 | $2,790.05 | 2,355 | Mortgage Backed Securities | Mortgages | United States | 6.00% | NR | 01-Feb-2034 | 3.54 |
| Federal National Mortgage Assn. | 0.00% | 0.00 | $2,562.04 | 2,185 | Mortgage Backed Securities | Mortgages | United States | 6.50% | NR | 01-Dec-2032 | 3.48 |
| Federal National Mortgage Assn. | 0.00% | 0.00 | $2,538.68 | 2,150 | Mortgage Backed Securities | Mortgages | United States | 5.50% | NR | 01-May-2039 | 4.12 |
| Federal National Mortgage Assn. | 0.00% | 0.00 | $2,447.50 | 2,071 | Mortgage Backed Securities | Mortgages | United States | 6.00% | NR | 01-Aug-2038 | 4.20 |
| Federal Home Loan Mortgage | 0.00% | 0.00 | $2,303.41 | 1,937 | Mortgage Backed Securities | Mortgages | United States | 6.00% | NR | 01-Dec-2033 | 3.51 |
| Federal National Mortgage Assn. | 0.00% | 0.00 | $2,205.37 | 1,904 | Mortgage Backed Securities | Mortgages | United States | 5.00% | NR | 01-Feb-2034 | 3.71 |
| Federal National Mortgage Assn. | 0.00% | 0.00 | $2,176.62 | 1,992 | Mortgage Backed Securities | Mortgages | United States | 4.00% | NR | 01-Jan-2041 | 3.43 |
| Government National Mortgage Assn. | 0.00% | 0.00 | $2,151.78 | 1,924 | Mortgage Backed Securities | Mortgages | United States | 4.50% | NR | 20-Mar-2041 | 3.02 |
| Federal National Mortgage Assn. | 0.00% | 0.00 | $2,055.32 | 1,774 | Mortgage Backed Securities | Mortgages | United States | 5.00% | NR | 01-Mar-2034 | 3.71 |
| Federal National Mortgage Assn. | 0.00% | 0.00 | $1,959.33 | 1,629 | Mortgage Backed Securities | Mortgages | United States | 6.00% | NR | 01-Feb-2037 | 4.01 |
| Government National Mortgage Assn. | 0.00% | 0.00 | $1,949.06 | 1,692 | Mortgage Backed Securities | Mortgages | United States | 5.00% | NR | 20-Mar-2041 | 3.04 |
| Government National Mortgage Assn. | 0.00% | 0.00 | $1,945.21 | 1,741 | Mortgage Backed Securities | Mortgages | United States | 4.50% | NR | 20-Nov-2039 | 2.97 |
| Federal National Mortgage Assn. | 0.00% | 0.00 | $1,900.65 | 1,877 | Mortgage Backed Securities | Mortgages | United States | 2.14% | NR | 01-Nov-2035 | 0.84 |
| Federal National Mortgage Assn. | 0.00% | 0.00 | $1,850.45 | 1,587 | Mortgage Backed Securities | Mortgages | United States | 5.00% | NR | 01-Jul-2035 | 3.86 |
| Federal National Mortgage Assn. | 0.00% | 0.00 | $1,842.94 | 1,551 | Mortgage Backed Securities | Mortgages | United States | 6.00% | NR | 01-Sep-2039 | 4.04 |
| Federal National Mortgage Assn. | 0.00% | 0.00 | $1,745.41 | 1,465 | Mortgage Backed Securities | Mortgages | United States | 6.00% | NR | 01-Oct-2038 | 4.04 |
| Federal National Mortgage Assn. | 0.00% | 0.00 | $1,668.58 | 1,406 | Mortgage Backed Securities | Mortgages | United States | 6.00% | NR | 01-Mar-2033 | 3.54 |
| Government National Mortgage Assn. | 0.00% | 0.00 | $1,651.77 | 1,416 | Mortgage Backed Securities | Mortgages | United States | 6.00% | NR | 20-Aug-2034 | 3.13 |
| Federal National Mortgage Assn. | 0.00% | 0.00 | $1,614.27 | 1,361 | Mortgage Backed Securities | Mortgages | United States | 6.00% | NR | 01-Mar-2037 | 3.94 |
| Federal National Mortgage Assn. | 0.00% | 0.00 | $1,594.11 | 1,350 | Mortgage Backed Securities | Mortgages | United States | 5.50% | NR | 01-Feb-2038 | 3.99 |
| Federal National Mortgage Assn. | 0.00% | 0.00 | $1,548.02 | 1,326 | Mortgage Backed Securities | Mortgages | United States | 5.00% | NR | 01-Sep-2040 | 4.18 |
| Federal National Mortgage Assn. | 0.00% | 0.00 | $1,444.54 | 1,406 | Mortgage Backed Securities | Mortgages | United States | 2.64% | NR | 01-Aug-2036 | 0.70 |
| Federal National Mortgage Assn. | 0.00% | 0.00 | $1,367.20 | 1,134 | Mortgage Backed Securities | Mortgages | United States | 6.00% | NR | 01-Feb-2037 | 3.94 |
| Federal National Mortgage Assn. | 0.00% | 0.00 | $1,240.17 | 1,071 | Mortgage Backed Securities | Mortgages | United States | 5.00% | NR | 01-Jul-2033 | 3.71 |
| Federal National Mortgage Assn. | 0.00% | 0.00 | $1,223.27 | 1,048 | Mortgage Backed Securities | Mortgages | United States | 5.00% | NR | 01-Mar-2036 | 3.98 |
| Federal Home Loan Mortgage | 0.00% | 0.00 | $1,214.53 | 1,040 | Mortgage Backed Securities | Mortgages | United States | 6.50% | NR | 01-Aug-2032 | 3.46 |
| Federal National Mortgage Assn. | 0.00% | 0.00 | $1,197.98 | 1,063 | Mortgage Backed Securities | Mortgages | United States | 4.50% | NR | 01-Feb-2040 | 3.82 |
| Federal National Mortgage Assn. | 0.00% | 0.00 | $1,172.08 | 987 | Mortgage Backed Securities | Mortgages | United States | 6.00% | NR | 01-May-2033 | 3.54 |
| Federal Home Loan Mortgage | 0.00% | 0.00 | $1,092.30 | 1,016 | Mortgage Backed Securities | Adj. Rate Mortgages | United States | 4.19% | NR | 01-Feb-2037 | 1.13 |
| Freddie Mac REMICS | 0.00% | N/A | $1,028.26 | 1,021 | Mortgage Backed Securities | Agency Bkd CMO | United States | N/A | NR | 15-Sep-2046 | N/A |
| Federal National Mortgage Assn. | 0.00% | 0.00 | $1,012.26 | 857 | Mortgage Backed Securities | Mortgages | United States | 5.50% | NR | 01-Apr-2036 | 3.99 |
| Federal National Mortgage Assn. | 0.00% | 0.00 | $955.63 | 935 | Mortgage Backed Securities | Mortgages | United States | 2.02% | NR | 01-Dec-2035 | 0.90 |
| Federal National Mortgage Assn. | 0.00% | 0.00 | $936.95 | 786 | Mortgage Backed Securities | Mortgages | United States | 7.00% | NR | 01-Dec-2029 | 2.79 |
| Federal Home Loan Mortgage | 0.00% | 0.00 | $914.03 | 770 | Mortgage Backed Securities | Mortgages | United States | 6.00% | NR | 01-Aug-2038 | 4.23 |
| Federal National Mortgage Assn. | 0.00% | 0.00 | $907.67 | 778 | Mortgage Backed Securities | Mortgages | United States | 6.50% | NR | 01-Jul-2032 | 3.48 |
| Government National Mortgage Assn. | 0.00% | 0.00 | $851.19 | 724 | Mortgage Backed Securities | Mortgages | United States | 5.50% | NR | 20-Feb-2036 | 2.85 |
| Government National Mortgage Assn. | 0.00% | 0.00 | $847.35 | 704 | Mortgage Backed Securities | Mortgages | United States | 6.50% | NR | 20-Dec-2033 | 3.01 |
| Federal National Mortgage Assn. | 0.00% | 0.00 | $799.94 | 678 | Mortgage Backed Securities | Mortgages | United States | 5.50% | NR | 01-Apr-2035 | 3.99 |
| Federal Home Loan Mortgage | 0.00% | 0.00 | $797.54 | 789 | Mortgage Backed Securities | Adj. Rate Mortgages | United States | 3.19% | NR | 01-Jan-2037 | 0.99 |
| Freddie Mac REMICS | 0.00% | N/A | $783.46 | 777 | Mortgage Backed Securities | Agency Bkd CMO | United States | N/A | NR | 15-Feb-2047 | N/A |
| Federal National Mortgage Assn. | 0.00% | 0.00 | $746.96 | 640 | Mortgage Backed Securities | Mortgages | United States | 5.00% | NR | 01-Feb-2036 | 3.98 |
| Federal National Mortgage Assn. | 0.00% | 0.00 | $669.60 | 574 | Mortgage Backed Securities | Mortgages | United States | 5.00% | NR | 01-Mar-2036 | 3.98 |
| Federal National Mortgage Assn. | 0.00% | 0.00 | $657.44 | 575 | Mortgage Backed Securities | Mortgages | United States | 6.50% | NR | 01-Nov-2036 | 3.96 |
| Federal National Mortgage Assn. | 0.00% | 0.00 | $652.61 | 559 | Mortgage Backed Securities | Mortgages | United States | 5.00% | NR | 01-Aug-2040 | 4.18 |
| Federal National Mortgage Assn. | 0.00% | 0.00 | $642.19 | 541 | Mortgage Backed Securities | Mortgages | United States | 6.00% | NR | 01-May-2038 | 4.04 |
| Federal National Mortgage Assn. | 0.00% | 0.00 | $625.07 | 518 | Mortgage Backed Securities | Mortgages | United States | 6.00% | NR | 01-Apr-2035 | 3.84 |
| Federal Home Loan Mortgage | 0.00% | 0.00 | $585.29 | 550 | Mortgage Backed Securities | Adj. Rate Mortgages | United States | 2.31% | NR | 01-Dec-2036 | 1.10 |
| Federal Home Loan Mortgage | 0.00% | 0.00 | $565.85 | 559 | Mortgage Backed Securities | Adj. Rate Mortgages | United States | 2.45% | NR | 01-Nov-2036 | 1.01 |
| Federal National Mortgage Assn. | 0.00% | 0.00 | $543.41 | 468 | Mortgage Backed Securities | Mortgages | United States | 5.00% | NR | 01-Dec-2039 | 4.12 |
| Federal Home Loan Mortgage | 0.00% | 0.00 | $535.83 | 454 | Mortgage Backed Securities | Mortgages | United States | 5.50% | NR | 01-Dec-2039 | 4.25 |
| Federal National Mortgage Assn. | 0.00% | 0.00 | $481.02 | 412 | Mortgage Backed Securities | Mortgages | United States | 5.00% | NR | 01-Aug-2040 | 4.18 |
| Federal National Mortgage Assn. | 0.00% | 0.00 | $477.74 | 424 | Mortgage Backed Securities | Mortgages | United States | 6.50% | NR | 01-Mar-2037 | 3.96 |
| Federal National Mortgage Assn. | 0.00% | 0.00 | $470.28 | 398 | Mortgage Backed Securities | Mortgages | United States | 5.50% | NR | 01-Aug-2037 | 3.99 |
| Government National Mortgage Assn. | 0.00% | -0.00 | $449.41 | 432 | Mortgage Backed Securities | Mortgages | United States | 7.50% | NR | 15-Jan-2030 | 2.54 |
| Federal National Mortgage Assn. | 0.00% | 0.00 | $437.70 | 375 | Mortgage Backed Securities | Mortgages | United States | 5.00% | NR | 01-Jun-2035 | 3.98 |
| Federal National Mortgage Assn. | 0.00% | 0.00 | $417.17 | 359 | Mortgage Backed Securities | Mortgages | United States | 5.00% | NR | 01-Apr-2040 | 4.18 |
| Federal National Mortgage Assn. | 0.00% | 0.00 | $404.72 | 390 | Mortgage Backed Securities | Mortgages | United States | 2.46% | NR | 01-Dec-2036 | 0.96 |
| Federal Home Loan Mortgage | 0.00% | 0.00 | $384.90 | 340 | Mortgage Backed Securities | Mortgages | United States | 6.00% | NR | 01-Oct-2032 | 3.51 |
| Federal National Mortgage Assn. | 0.00% | 0.00 | $292.28 | 291 | Mortgage Backed Securities | Mortgages | United States | 1.72% | NR | 01-Dec-2035 | 0.98 |
| Federal National Mortgage Assn. | 0.00% | 0.00 | $260.01 | 258 | Mortgage Backed Securities | Mortgages | United States | 2.31% | NR | 01-Dec-2035 | 0.95 |
| Federal National Mortgage Assn. | 0.00% | 0.00 | $257.24 | 218 | Mortgage Backed Securities | Mortgages | United States | 5.50% | NR | 01-Aug-2037 | 3.99 |
| Freddie Mac REMICS | 0.00% | N/A | $214.40 | 212 | Mortgage Backed Securities | Agency Bkd CMO | United States | N/A | NR | 15-Oct-2046 | N/A |
| Federal National Mortgage Assn. | 0.00% | 0.00 | $210.04 | 175 | Mortgage Backed Securities | Mortgages | United States | 7.00% | NR | 01-Aug-2031 | 3.26 |
| Federal Home Loan Mortgage | 0.00% | 0.00 | $194.61 | 185 | Mortgage Backed Securities | Mortgages | United States | 7.00% | NR | 01-Jun-2032 | 3.45 |
| Federal National Mortgage Assn. | 0.00% | 0.00 | $190.75 | 188 | Mortgage Backed Securities | Mortgages | United States | 2.62% | NR | 01-Sep-2037 | 0.64 |
| Freddie Mac REMICS | 0.00% | N/A | $184.12 | 183 | Mortgage Backed Securities | Agency Bkd CMO | United States | N/A | NR | 15-Oct-2046 | N/A |
| Federal Home Loan Mortgage | 0.00% | 0.00 | $49.42 | 49 | Mortgage Backed Securities | Mortgages | United States | 6.00% | NR | 01-Oct-2021 | 0.30 |
| Federal Home Loan Mortgage | 0.00% | 0.00 | $46.98 | 47 | Mortgage Backed Securities | Adj. Rate Mortgages | United States | 2.29% | NR | 01-Sep-2032 | 0.93 |
| Government National Mortgage Association | 0.00% | -0.00 | $46.51 | 1,442 | Mortgage Backed Securities | Agency Bkd CMO | United States | 4.50% | NR | 20-Dec-2039 | -14.65 |
| Fannie Mae Interest Strip | 0.00% | -0.00 | $38.09 | 232 | Mortgage Backed Securities | Agency Bkd CMO | United States | 6.50% | NR | 25-Feb-2032 | 1.95 |
| Federal National Mortgage Assn. | 0.00% | 0.00 | $10.44 | 10 | Mortgage Backed Securities | Mortgages | United States | 5.00% | NR | 01-Oct-2021 | 0.39 |
| Federal Home Loan Mortgage | 0.00% | -0.00 | $9.29 | 9 | Mortgage Backed Securities | Mortgages | United States | 5.00% | NR | 01-Jul-2025 | 0.94 |
| Federal National Mortgage Assn. | -0.49% | -0.49 | $-2,826,659.28 | -2,750,000 | Mortgage Backed Securities | Mortgages | United States | 1.50% | NR | 01-Jan-2035 | 2.31 |
N/A indicates Not Available.
Numbers may not add due to rounding and/or the exclusion of reserves and other assets.
Sector Diversification (31-Dec-2020)
| Sector Diversification | % of Fund | % of Indicative Benchmark | % Underweight/Overweight |
|---|---|---|---|
| Government | 62.62% | 57.83% | |
| Sub Investment Grade | 4.34% | 0.00% | |
| Collateralised | 15.87% | 12.79% | |
| Cash Equivalents | 0.73% | 0.00% | |
| Corporate | 15.58% | 18.96% | |
| Agency/Supranationals | 0.86% | 10.42% |
Numbers may not add due to rounding and/or the exclusion of reserves and other assets.
Country Diversification (31-Dec-2020)
| Country Diversification | % of Fund | % of Indicative Benchmark | % Underweight/Overweight |
|---|---|---|---|
| United States | 40.96% | 35.45% | |
| Brazil | 1.89% | 0.04% | |
| Cyprus | 1.75% | 0.03% | |
| India | 1.77% | 0.07% | |
| Malaysia | 1.52% | 0.34% | |
| Romania | 1.31% | 0.16% | |
| Israel | 1.14% | 0.21% | |
| Serbia | 0.84% | 0.00% | |
| Iceland | 0.81% | 0.01% | |
| Peru | 0.89% | 0.12% | |
| Chile | 0.85% | 0.16% | |
| Bahamas | 0.66% | 0.00% | |
| Sweden | 1.24% | 0.70% | |
| Luxembourg | 0.55% | 0.07% | |
| Poland | 0.73% | 0.27% | |
| Ireland | 0.83% | 0.39% | |
| Indonesia | 0.99% | 0.56% | |
| Singapore | 0.62% | 0.26% | |
| Mexico | 0.74% | 0.55% | |
| Thailand | 0.53% | 0.35% | |
| SNAT (Supe Natl Wrld Global) | 1.96% | 2.12% | |
| Australia | 1.50% | 1.72% | |
| Spain | 2.32% | 2.54% | |
| Netherlands | 1.16% | 1.46% | |
| Italy | 2.92% | 3.57% | |
| China | 6.44% | 7.11% | |
| United Kingdom | 3.68% | 5.48% | |
| Germany | 3.10% | 5.19% | |
| Canada | 1.10% | 3.41% | |
| Japan | 10.06% | 14.45% |
A maximum of 30 largest countries are displayed.
Numbers may not add due to rounding and/or the exclusion of reserves and other assets.
Currency Diversification (31-Dec-2020)
| Currency Diversification | % of Fund | % of Indicative Benchmark | % Underweight/Overweight |
|---|---|---|---|
| U.S. dollar | 36.20% | 40.83% | |
| Canadian dollar | 2.79% | 2.76% | |
| Australian dollar | 1.75% | 1.49% | |
| New Zealand dollar | 0.14% | 0.15% | |
| Mexican peso | -0.74% | 0.28% | |
| Dollar Bloc Subtotal | 40.14% | 45.52% |
Indicative Benchmark : Bloomberg Barclays Global Aggregate Bond Index
| Currency Diversification | % of Fund | % of Indicative Benchmark | % Underweight/Overweight |
|---|---|---|---|
| euro | 21.29% | 24.28% | |
| British pound sterling | 6.01% | 5.10% | |
| Swiss franc | 1.49% | 0.52% | |
| Norwegian krone | 1.09% | 0.09% | |
| Swedish krona | 0.41% | 0.46% | |
| Czech koruna | 0.39% | 0.11% | |
| Danish krone | 0.19% | 0.20% | |
| Hungarian forint | 0.01% | 0.08% | |
| Polish zloty | -0.06% | 0.19% | |
| European Bloc Subtotal | 30.82% | 31.04% |
Indicative Benchmark : Bloomberg Barclays Global Aggregate Bond Index
| Currency Diversification | % of Fund | % of Indicative Benchmark | % Underweight/Overweight |
|---|---|---|---|
| Japanese yen | 16.84% | 14.05% | |
| Malaysian ringgit | 1.30% | 0.30% | |
| Korean won | 1.24% | 1.17% | |
| Thai baht | 0.29% | 0.33% | |
| Singapore dollar | 0.17% | 0.19% | |
| Hong Kong dollar | 0.00% | 0.02% | |
| New Taiwan dollar | -2.02% | 0.00% | |
| Far East Bloc Subtotal | 17.82% | 16.05% |
Indicative Benchmark : Bloomberg Barclays Global Aggregate Bond Index
| Currency Diversification | % of Fund | % of Indicative Benchmark | % Underweight/Overweight |
|---|---|---|---|
| Chinese renminbi | 6.11% | 6.43% | |
| Indian rupee | 2.51% | 0.00% | |
| Brazilian real | 1.23% | 0.00% | |
| Peruvian nuevo sol | 1.05% | 0.06% | |
| Indonesian rupiah | 0.85% | 0.35% | |
| Russian ruble | 0.64% | 0.16% | |
| Offshore Chinese renminbi | 0.38% | 0.00% | |
| Israeli shekel | 0.14% | 0.14% | |
| New Romanian leu | 0.06% | 0.07% | |
| Chilean peso | 0.05% | 0.05% | |
| Serbia dinar | 0.04% | 0.00% | |
| Colombian peso | -0.87% | 0.11% | |
| South African rand | -0.97% | 0.00% | |
| Emerging Markets Bloc Subtotal | 11.22% | 7.38% |
Indicative Benchmark : Bloomberg Barclays Global Aggregate Bond Index
Numbers may not add due to rounding and/or the exclusion of reserves and other assets.
Indicative Benchmark Data Source: Bloomberg Index Services Limited
Past performance is not a reliable indicator of future performance. Source for fund performance: T. Rowe Price. Fund performance is calculated using the official NAV with dividends reinvested, if any. The value of an investment and any income from it can go down as well as up. Investors may get back less than the amount invested. It will be affected by changes in the exchange rate between the base currency of the fund and the subscription currency, if different. Sales charges (up to a maximum of 5% for the A Class), taxes and other locally applied costs have not been deducted and if applicable, they will reduce the performance figures.
Daily performance data is based on the latest available NAV. Performance returns for share classes less than 1 year old (and associated benchmarks) are cumulative rather than annualised.
Please note that no management fees are charged to the S and J share classes. No administration agent fees are charged to the J class. Fee arrangements for the S and J classes are made directly with the investment manager. Please see the prospectus for further information.
The Funds are sub-funds of the T. Rowe Price Funds SICAV, a Luxembourg investment company with variable capital which is registered with Commission de Surveillance du Secteur Financier and which qualifies as an undertaking for collective investment in transferable securities (“UCITS”). Full details of the objectives, investment policies and risks are located in the prospectus which is available with the key investor information documents in English and in an official language of the jurisdictions in which the Funds are registered for public sale, together with the annual and semi-annual reports (together “Fund Documents”). Any decision to invest should be made on the basis of the Fund Documents which are available free of charge from the local representative, local information/paying agent or from authorised distributors and via www.troweprice.com.
Hedged share classes (denoted by 'h') utilise investment techniques to mitigate currency risk between the underlying investment currency(ies) of the fund and the currency of the hedged share class. The costs of doing so will be borne by the share class and there is no guarantee that such hedging will be effective.
Net Asset figure applies to all share classes.
Number of years managing the fund. In the case of co-portfolio management, the longer tenure is displayed.
The specific securities identified and described in this report do not represent all of the securities purchased, sold, or recommended for the sub-fund and no assumptions should be made that the securities identified and discussed were or will be profitable.
A full list of the currently issued Share Classes including Distributing, Hedged, and Accumulating Categories may be obtained, free of charge and upon request, from the registered office of the Company.
Arif Husain is the head of the International Fixed Income Division. He is a co-portfolio manager for the International Bond and Institutional International Bond Strategies and the lead portfolio manager for the Global Aggregate Bond Strategy. Arif also is a vice president of T. Rowe Price Group, Inc., and T. Rowe Price International Ltd.