| Principal Amount | Value | |
| Corporate Bonds — 69.12% | ||
| Basic Materials — 1.75% | ||
| $600,000 | DuPont de Nemours, Inc., (LIBOR USD 3-Month + 1.110%), 1.27%, 11/15/23(a) | $610,887 |
| 300,000 | DuPont de Nemours, Inc., 4.21%, 11/15/23 | 324,800 |
| 750,000 | International Flavors & Fragrances, Inc., 0.70%, 9/15/22(b) | 750,778 |
| 300,000 | Nutrien Ltd., 3.15%, 10/1/22 | 307,990 |
| 1,994,455 | ||
| Communications — 5.09% | ||
| 1,000,000 | AT&T, Inc., 0.90%, 3/25/24 | 1,002,045 |
| 1,550,000 | Charter Communications Operating LLC / Charter Communications Operating Capital, 4.46%, 7/23/22 | 1,604,438 |
| 1,500,000 | Charter Communications Operating LLC / Charter Communications Operating Capital, Series USD, 4.50%, 2/1/24 | 1,633,781 |
| 150,000 | Comcast Corp., (LIBOR USD 3-Month + 0.630%), 0.81%, 4/15/24(a) | 151,767 |
| 800,000 | Thomson Reuters Corp., 3.85%, 9/29/24 | 867,601 |
| 500,000 | Videotron Ltd., 5.38%, 6/15/24(b) | 548,741 |
| 5,808,373 | ||
| Consumer, Cyclical — 3.30% | ||
| 400,000 | 7-Eleven, Inc., 0.80%, 2/10/24(b) | 399,067 |
| 650,000 | Daimler Finance North America LLC, 0.75%, 3/1/24(b) | 649,854 |
| 500,000 | Ford Motor Credit Co. LLC, 3.66%, 9/8/24 | 524,033 |
| 750,000 | General Motors Financial Co., Inc., 3.70%, 5/9/23 | 787,584 |
| 250,000 | General Motors Financial Co., Inc., 4.15%, 6/19/23 | 265,570 |
| 807,000 | Volkswagen Group of America Finance LLC, 2.70%, 9/26/22(b) | 829,151 |
| 300,000 | Volkswagen Group of America Finance LLC, 2.90%, 5/13/22(b) | 306,244 |
| 3,761,503 | ||
| Consumer, Non-cyclical — 6.89% | ||
| 1,000,000 | AbbVie, Inc., 3.25%, 10/1/22 | 1,028,110 |
| 300,000 | AbbVie, Inc., 3.45%, 3/15/22 | 305,074 |
| 500,000 | Amgen, Inc., 3.63%, 5/22/24 | 538,343 |
| 125,000 | Becton Dickinson and Co., (LIBOR USD 3-Month + 1.030%), 1.16%, 6/6/22(a) | 126,013 |
| 634,000 | Becton Dickinson and Co., 2.89%, 6/6/22 | 647,894 |
| 750,000 | Becton Dickinson and Co., 3.36%, 6/6/24 | 803,504 |
| 350,000 | Bristol-Myers Squibb Co., 0.54%, 11/13/23 | 350,189 |
| 600,000 | Cigna Corp., (LIBOR USD 3-Month + 0.890%), 1.07%, 7/15/23(a) | 607,764 |
| 35,000 | CVS Health Corp., 3.70%, 3/9/23 | 36,841 |
| 350,000 | EMD Finance LLC, 2.95%, 3/19/22(b) | 355,075 |
| 250,000 | Equifax, Inc., 3.60%, 8/15/21 | 250,985 |
| 300,000 | Gilead Sciences, Inc., 0.75%, 9/29/23 | 300,218 |
| 250,000 | HCA, Inc., 4.75%, 5/1/23 | 267,966 |
| 250,000 | HCA, Inc., 5.88%, 5/1/23 | 271,321 |
| 500,000 | Keurig Dr Pepper, Inc., 0.75%, 3/15/24 | 500,528 |
| Principal Amount | Value | |
| $750,000 | Shire Acquisitions Investments Ireland DAC, 2.88%, 9/23/23 | $784,892 |
| 250,000 | Stryker Corp., 0.60%, 12/1/23 | 249,940 |
| 250,000 | United Rentals North America, Inc., 5.88%, 9/15/26 | 259,411 |
| 175,000 | Viatris, Inc., 1.13%, 6/22/22(b) | 176,247 |
| 7,860,315 | ||
| Energy — 7.77% | ||
| 250,000 | Cheniere Energy Partners LP, 5.63%, 10/1/26 | 259,375 |
| 150,000 | ConocoPhillips Co., (LIBOR USD 3-Month + 0.900%), 1.06%, 5/15/22(a) | 150,905 |
| 250,000 | Enbridge, Inc., 2.90%, 7/15/22 | 255,902 |
| 550,000 | Enbridge, Inc., 4.00%, 10/1/23 | 587,382 |
| 250,000 | Energy Transfer LP, 3.45%, 1/15/23 | 258,360 |
| 500,000 | Energy Transfer LP, 5.88%, 1/15/24 | 553,950 |
| 200,000 | Energy Transfer Operating LP, 3.60%, 2/1/23 | 207,505 |
| 250,000 | Energy Transfer Operating LP, 5.20%, 2/1/22 | 253,848 |
| 250,000 | Kinder Morgan Energy Partners LP, 4.15%, 2/1/24 | 269,542 |
| 300,000 | Kinder Morgan Energy Partners LP, 5.00%, 10/1/21 | 300,000 |
| 800,000 | Kinder Morgan, Inc., 5.63%, 11/15/23(b) | 880,728 |
| 250,000 | MPLX LP, (LIBOR USD 3-Month + 1.100%), 1.22%, 9/9/22(a) | 250,141 |
| 450,000 | ONEOK Partners LP, 3.38%, 10/1/22 | 462,420 |
| 750,000 | ONEOK, Inc., 2.75%, 9/1/24 | 789,211 |
| 250,000 | ONEOK, Inc., 4.25%, 2/1/22 | 253,093 |
| 450,000 | Pioneer Natural Resources Co., 0.75%, 1/15/24 | 449,972 |
| 250,000 | Plains All American Pipeline LP / PAA Finance Corp., 3.65%, 6/1/22 | 255,139 |
| 300,000 | Spectra Energy Partners LP, 4.75%, 3/15/24 | 329,289 |
| 300,000 | Williams Cos., Inc. (The), 3.35%, 8/15/22 | 307,491 |
| 500,000 | Williams Cos., Inc. (The), 3.60%, 3/15/22 | 508,528 |
| 300,000 | Williams Cos., Inc. (The), 4.00%, 11/15/21 | 301,280 |
| 600,000 | Williams Cos., Inc. (The), 4.30%, 3/4/24 | 652,138 |
| 300,000 | Williams Cos., Inc. (The), 4.50%, 11/15/23 | 325,064 |
| 8,861,263 | ||
| Financial — 27.12% | ||
| 1,252,000 | American Tower Corp., REIT, 5.00%, 2/15/24 | 1,388,452 |
| 250,000 | Australia & New Zealand Banking Group Ltd., (LIBOR USD 3-Month + 0.710%), 0.86%, 5/19/22(a),(b) | 251,470 |
| 500,000 | Australia & New Zealand Banking Group Ltd., 4.50%, 3/19/24(b) | 547,075 |
| 650,000 | Bank of America Corp., (SOFR RATE + 0.410%), MTN, 0.52%, 6/14/24(c) | 649,886 |
| 300,000 | Bank of America Corp., (SOFR RATE + 0.740%), MTN, 0.81%, 10/24/24(c) | 301,022 |
| 475,000 | Bank of America Corp., (SOFR RATE + 0.690%), 0.98%, 4/22/25(c) | 476,417 |
| 1,250,000 | Bank of America Corp., (LIBOR USD 3-Month + 0.960%), GMTN, 1.13%, 7/23/24(a) | 1,267,202 |
| Principal Amount | Value | |
| $750,000 | Bank of America Corp., (LIBOR USD 3-Month + 0.790%), 3.00%, 12/20/23(c) | $777,384 |
| 250,000 | Bank of Nova Scotia (The), (LIBOR USD 3-Month + 0.620%), 0.75%, 9/19/22(a) | 251,627 |
| 200,000 | Bank of Nova Scotia (The), 1.63%, 5/1/23 | 204,474 |
| 250,000 | Barclays Plc, (1 yr. US Treasury Yield Curve Rate T Note Constant Maturity + 0.800%), 1.01%, 12/10/24(c) | 250,968 |
| 250,000 | Barclays Plc, 3.20%, 8/10/21 | 250,766 |
| 263,000 | Barclays Plc, 3.68%, 1/10/23 | 267,464 |
| 250,000 | BNP Paribas SA, 2.95%, 5/23/22(b) | 255,809 |
| 500,000 | BNP Paribas SA, 3.38%, 1/9/25(b) | 537,225 |
| 250,000 | BNP Paribas SA, 3.50%, 3/1/23(b) | 262,226 |
| 350,000 | BNP Paribas SA, 3.80%, 1/10/24(b) | 375,414 |
| 83,000 | Camden Property Trust, REIT, 4.88%, 6/15/23 | 88,811 |
| 300,000 | Canadian Imperial Bank of Commerce, (LIBOR USD 3-Month + 0.660%), 0.78%, 9/13/23(a) | 303,673 |
| 500,000 | Canadian Imperial Bank of Commerce, 3.10%, 4/2/24 | 531,638 |
| 1,000,000 | Citigroup, Inc., (SOFR RATE + 0.770%), 0.82%, 6/9/27(a) | 999,919 |
| 250,000 | Citigroup, Inc., (LIBOR USD 3-Month + 0.690%), 0.87%, 10/27/22(a) | 251,669 |
| 250,000 | Citigroup, Inc., (SOFR RATE + 0.669%), 0.98%, 5/1/25(c) | 250,670 |
| 200,000 | Citigroup, Inc., (LIBOR USD 3-Month + 0.950%), 1.13%, 7/24/23(a) | 201,553 |
| 1,000,000 | Citigroup, Inc., (LIBOR USD 3-Month + 0.950%), 2.88%, 7/24/23(c) | 1,025,491 |
| 250,000 | Cooperatieve Rabobank UA, (LIBOR USD 3-Month + 0.480%), 0.67%, 1/10/23(a) | 251,498 |
| 750,000 | Cooperatieve Rabobank UA, 3.95%, 11/9/22 | 785,053 |
| 250,000 | Credit Agricole SA, 3.38%, 1/10/22(b) | 254,023 |
| 590,000 | Credit Agricole SA, 3.75%, 4/24/23(b) | 624,614 |
| 250,000 | Credit Suisse Group AG, 3.57%, 1/9/23(b) | 253,934 |
| 500,000 | Credit Suisse Group Funding Guernsey Ltd., 3.80%, 9/15/22 | 519,922 |
| 500,000 | Crown Castle International Corp., 3.20%, 9/1/24 | 534,400 |
| 850,000 | Goldman Sachs Group, Inc. (The), Series VAR, (SOFR RATE + 0.538%), Series VAR, 0.63%, 11/17/23(c) | 850,435 |
| 500,000 | Goldman Sachs Group, Inc. (The), (SOFR RATE + 0.572%), 0.67%, 3/8/24(c) | 500,915 |
| 400,000 | Goldman Sachs Group, Inc. (The), (LIBOR USD 3-Month + 0.750%), 0.90%, 2/23/23(a) | 403,520 |
| 250,000 | Goldman Sachs Group, Inc. (The), (LIBOR USD 3-Month + 0.990%), 2.91%, 7/24/23(c) | 256,265 |
| 200,000 | Goldman Sachs Group, Inc. (The), 3.63%, 2/20/24 | 214,376 |
| 550,000 | HSBC Holdings Plc, (SOFR RATE + 0.707%), 0.98%, 5/24/25(c) | 549,835 |
| 250,000 | HSBC Holdings Plc, (LIBOR USD 3-Month + 1.055%), 3.26%, 3/13/23(c) | 255,064 |
| 225,000 | HSBC Holdings Plc, 3.60%, 5/25/23 | 238,216 |
| 350,000 | HSBC Holdings Plc, 3.95%, 5/18/24(c) | 371,703 |
| 200,000 | ING Groep NV, 3.15%, 3/29/22 | 204,132 |
| 250,000 | ING Groep NV, 4.10%, 10/2/23 | 269,447 |
| Principal Amount | Value | |
| $500,000 | JPMorgan Chase & Co., (SOFR RATE + 0.580%), Series FRN, 0.63%, 6/23/25(a) | $500,252 |
| 250,000 | JPMorgan Chase & Co., (SOFR RATE + 0.580%), 0.70%, 3/16/24(c) | 250,780 |
| 1,000,000 | JPMorgan Chase & Co., (LIBOR USD 3-Month + 0.850%), GMTN, 1.04%, 1/10/25(a) | 1,013,001 |
| 250,000 | JPMorgan Chase & Co., (LIBOR USD 3-Month + 0.900%), 1.08%, 4/25/23(a) | 251,599 |
| 250,000 | JPMorgan Chase & Co., (LIBOR USD 3-Month + 0.730%), 3.56%, 4/23/24(c) | 263,638 |
| 400,000 | Lloyds Banking Group Plc, (1 yr. US Treasury Yield Curve Rate T Note Constant Maturity + 0.550%), 0.70%, 5/11/24(c) | 401,063 |
| 350,000 | Lloyds Banking Group Plc, 2.86%, 3/17/23(c) | 355,986 |
| 200,000 | Lloyds Banking Group Plc, (LIBOR USD 3-Month + 0.810%), 2.91%, 11/7/23(c) | 206,228 |
| 250,000 | Lloyds Banking Group Plc, 3.00%, 1/11/22 | 253,576 |
| 1,000,000 | Mid-America Apartments LP, 4.30%, 10/15/23 | 1,073,471 |
| 300,000 | Morgan Stanley, (SOFR RATE + 0.455%), MTN, 0.53%, 1/25/24(c) | 299,905 |
| 1,000,000 | Morgan Stanley, (SOFR RATE + 0.616%), 0.73%, 4/5/24(c) | 1,002,213 |
| 200,000 | Morgan Stanley, (LIBOR USD 3-Month + 0.930%), 1.11%, 7/22/22(a) | 200,100 |
| 250,000 | Morgan Stanley, (LIBOR USD 3-Month + 1.400%), MTN, 1.58%, 10/24/23(a) | 254,032 |
| 500,000 | Nordea Bank Abp, 3.75%, 8/30/23(b) | 533,532 |
| 1,000,000 | Regions Financial Corp., 3.80%, 8/14/23 | 1,065,973 |
| 500,000 | Santander UK Group Holdings Plc, 3.37%, 1/5/24(c) | 520,362 |
| 492,000 | Santander UK Group Holdings Plc, 3.57%, 1/10/23 | 499,850 |
| 200,000 | Swedbank AB, (LIBOR USD 3-Month + 0.700%), 0.82%, 3/14/22(a),(b) | 200,846 |
| 425,000 | UBS AG, 0.45%, 2/9/24(b) | 422,720 |
| 250,000 | Westpac Banking Corp., (LIBOR USD 3-Month + 0.570%), 0.76%, 1/11/23(a) | 251,897 |
| 1,695,000 | Willis North America, Inc., 3.60%, 5/15/24 | 1,822,832 |
| 30,949,513 | ||
| Industrial — 3.09% | ||
| 500,000 | Boeing Co. (The), 1.17%, 2/4/23 | 501,856 |
| 250,000 | Boeing Co. (The), 1.43%, 2/4/24 | 250,641 |
| 185,000 | L3Harris Technologies, Inc., 3.95%, 5/28/24 | 200,466 |
| 500,000 | Raytheon Technologies Corp., 3.20%, 3/15/24 | 531,643 |
| 325,000 | Roper Technologies, Inc., 0.45%, 8/15/22 | 325,192 |
| 250,000 | Siemens Financieringsmaatschappij NV, 0.65%, 3/11/24(b) | 250,241 |
| 1,469,000 | Teledyne Technologies, Inc., 0.95%, 4/1/24 | 1,470,899 |
| 3,530,938 | ||
| Technology — 7.98% | ||
| 600,000 | Autodesk, Inc., 3.60%, 12/15/22 | 621,312 |
| 1,000,000 | Broadcom Corp. / Broadcom Cayman Finance Ltd., 3.63%, 1/15/24 | 1,068,197 |
| Principal Amount | Value | |
| $250,000 | Broadcom, Inc., 4.70%, 4/15/25 | $281,438 |
| 650,000 | Dell International LLC / EMC Corp., 4.00%, 7/15/24 | 706,575 |
| 1,150,000 | Dell International LLC / EMC Corp., 5.45%, 6/15/23 | 1,247,494 |
| 200,000 | Hewlett Packard Enterprise Co., (LIBOR USD 3-Month + 0.720%), 0.91%, 10/5/21(a) | 200,026 |
| 1,250,000 | Leidos, Inc., 2.95%, 5/15/23 | 1,299,650 |
| 275,000 | Microchip Technology, Inc., 0.97%, 2/15/24(b) | 274,940 |
| 500,000 | Microchip Technology, Inc., 0.98%, 9/1/24(b) | 497,811 |
| 550,000 | NXP BV / NXP Funding LLC, 3.88%, 9/1/22(b) | 570,533 |
| 1,100,000 | NXP BV / NXP Funding LLC, 4.63%, 6/1/23(b) | 1,182,064 |
| 500,000 | NXP BV / NXP Funding LLC / NXP USA, Inc., 2.70%, 5/1/25(b) | 527,301 |
| 250,000 | Open Text Corp., 5.88%, 6/1/26(b) | 258,684 |
| 375,000 | Skyworks Solutions, Inc., 0.90%, 6/1/23 | 375,973 |
| 9,111,998 | ||
| Utilities — 6.13% | ||
| 425,000 | American Electric Power Co., Inc., Series M, 0.75%, 11/1/23 | 425,209 |
| 300,000 | CenterPoint Energy Resources Corp., 0.70%, 3/2/23 | 300,019 |
| 1,000,000 | CenterPoint Energy, Inc., (SOFR RATE + 0.650%), 0.68%, 5/13/24(a) | 1,001,944 |
| 148,000 | CenterPoint Energy, Inc., 3.85%, 2/1/24 | 158,983 |
| 510,000 | Consolidated Edison, Inc., Series A, 0.65%, 12/1/23 | 510,006 |
| 600,000 | Dominion Energy, Inc., Series B, 2.75%, 9/15/22 | 612,682 |
| 215,000 | Emera US Finance LP, 0.83%, 6/15/24(b) | 214,143 |
| 500,000 | Evergy, Inc., 2.45%, 9/15/24 | 523,371 |
| 375,000 | Florida Power & Light Co., (LIBOR USD 3-Month + 0.380%), 0.56%, 7/28/23(a) | 375,066 |
| 350,000 | NextEra Energy Capital Holdings, Inc., 0.65%, 3/1/23 | 351,213 |
| 875,000 | OGE Energy Corp., 0.70%, 5/26/23 | 874,850 |
| 500,000 | Sempra Energy, 2.90%, 2/1/23 | 517,745 |
| 300,000 | Southern Co. (The), Series 21-A, 0.60%, 2/26/24 | 299,418 |
| 150,000 | WEC Energy Group, Inc., 0.55%, 9/15/23 | 150,065 |
| 675,000 | WEC Energy Group, Inc., 0.80%, 3/15/24 | 676,760 |
| 6,991,474 | ||
| Total Corporate Bonds | 78,869,832 | |
| (Cost $78,612,537) | ||
| Asset Backed Securities — 27.22% | ||
| 790,000 | Americredit Automobile Receivables Trust, Series 2018-3, Class D, 4.04%, 11/18/24 | 829,520 |
| 100,000 | AmeriCredit Automobile Receivables Trust, 1.80%, 12/18/25 | 101,845 |
| 160,000 | AmeriCredit Automobile Receivables Trust, Series 2019-1, Class D, 3.62%, 3/18/25 | 167,600 |
| 175,000 | AmeriCredit Automobile Receivables Trust, Series 2019-3, Class B, 2.13%, 7/18/25 | 178,034 |
| 300,000 | AmeriCredit Automobile Receivables Trust, Series 2019-3, Class D, 2.58%, 9/18/25 | 309,642 |
| Principal Amount | Value | |
| $390,000 | AmeriCredit Automobile Receivables Trust, Series 2021-1, Class D, 1.21%, 12/18/26 | $389,036 |
| 219,794 | Capital Auto Receivables Asset Trust, Series 2018-2, Class C, 3.69%, 12/20/23(b) | 220,154 |
| 900,000 | CarMax Auto Owner Trust, 1.28%, 7/15/27 | 894,944 |
| 250,000 | CarMax Auto Owner Trust, Series 2017-3, Class D, 3.46%, 10/16/23 | 251,380 |
| 800,000 | CarMax Auto Owner Trust, Series 2017-4, Class D, 3.30%, 5/15/24 | 807,562 |
| 350,000 | CarMax Auto Owner Trust, Series 2018-1, Class C, 2.95%, 11/15/23 | 355,842 |
| 200,000 | CarMax Auto Owner Trust, Series 2018-2, Class D, 3.99%, 4/15/25 | 205,525 |
| 205,000 | CarMax Auto Owner Trust, Series 2018-3, Class D, 3.91%, 1/15/25 | 212,016 |
| 185,000 | CarMax Auto Owner Trust, Series 2018-4, Class C, 3.85%, 7/15/24 | 192,601 |
| 290,000 | CarMax Auto Owner Trust, Series 2018-4, Class D, 4.15%, 4/15/25 | 302,780 |
| 145,000 | CarMax Auto Owner Trust, Series 2019-1, Class D, 4.04%, 8/15/25 | 151,852 |
| 450,000 | CarMax Auto Owner Trust, Series 2019-2, Class D, 3.41%, 10/15/25 | 468,441 |
| 300,000 | CarMax Auto Owner Trust, Series 2019-3, Class C, 2.60%, 6/16/25 | 310,229 |
| 705,000 | CarMax Auto Owner Trust, Series 2019-3, Class D, 2.85%, 1/15/26 | 730,628 |
| 100,000 | CarMax Auto Owner Trust, Series 2019-4, Class C, 2.60%, 9/15/25 | 103,633 |
| 125,000 | CarMax Auto Owner Trust, Series 2020-1, Class C, 2.34%, 11/17/25 | 129,135 |
| 572,000 | CarMax Auto Owner Trust, Series 2020-2, Class D, 5.75%, 5/17/27 | 631,768 |
| 1,000,000 | CarMax Auto Owner Trust, Series 2020-3, Class D, 2.53%, 1/15/27 | 1,032,022 |
| 370,000 | Chrysler Capital Auto Receivables Trust, Series 2016-BA, Class D, 3.51%, 9/15/23(b) | 371,337 |
| 252,741 | CNH Equipment Trust, Series 2019-A, Class A3, 3.01%, 4/15/24 | 256,961 |
| 157,290 | Dell Equipment Finance Trust, Series 2018-2, Class B, 3.55%, 10/22/23(b) | 157,715 |
| 650,000 | Dell Equipment Finance Trust, Series 2018-2, Class C, 3.72%, 10/22/23(b) | 654,595 |
| 603,000 | Dell Equipment Finance Trust, Series 2019-1, Class B, 2.94%, 3/22/24(b) | 610,389 |
| 150,000 | Drive Auto Receivables Trust, 3.69%, 8/17/26 | 155,653 |
| 140,000 | Drive Auto Receivables Trust, 2.28%, 8/17/26 | 143,087 |
| 900,000 | Drive Auto Receivables Trust, 2.70%, 5/17/27 | 926,223 |
| 265,000 | Drive Auto Receivables Trust, 3.18%, 10/15/26 | 274,274 |
| 30,493 | Drive Auto Receivables Trust, Series 2017-2, Class D, 3.49%, 9/15/23 | 30,677 |
| Principal Amount | Value | |
| $156,703 | Drive Auto Receivables Trust, Series 2018-3, Class D, 4.30%, 9/16/24 | $159,915 |
| 620,000 | Drive Auto Receivables Trust, Series 2018-5, Class D, 4.30%, 4/15/26 | 645,101 |
| 128,157 | Drive Auto Receivables Trust, Series 2019-1, Class C, 3.78%, 4/15/25 | 129,292 |
| 1,000,000 | Drive Auto Receivables Trust, Series 2019-1, Class D, 4.09%, 6/15/26 | 1,037,303 |
| 130,000 | Drive Auto Receivables Trust, Series 2019-3, Class C, 2.90%, 8/15/25 | 131,996 |
| 105,000 | Drive Auto Receivables Trust, Series 2019-4, Class C, 2.51%, 11/17/25 | 106,389 |
| 265,000 | Drive Auto Receivables Trust, Series 2019-4, Class D, 2.70%, 2/16/27 | 272,652 |
| 125,000 | Drive Auto Receivables Trust, Series 2020-1, Class C, 2.36%, 3/16/26 | 127,267 |
| 1,100,000 | Drive Auto Receivables Trust, Series 2021-1, Class D, 1.45%, 1/16/29 | 1,106,954 |
| 500,000 | Ford Credit Auto Lease Trust, Series 2021-A, Class C, 0.78%, 9/15/25 | 499,672 |
| 105,000 | GM Financial Automobile Leasing Trust, Series 2019-3, Class C, 2.35%, 7/20/23 | 106,117 |
| 425,000 | GM Financial Automobile Leasing Trust, Series 2020-1, Class C, 2.04%, 12/20/23 | 431,021 |
| 1,150,000 | GM Financial Automobile Leasing Trust, Series 2020-2, Class D, 3.21%, 12/20/24 | 1,194,730 |
| 1,000,000 | GM Financial Automobile Leasing Trust, Series 2020-3, Class D, 1.71%, 2/20/25 | 1,011,339 |
| 150,000 | GM Financial Consumer Automobile Receivables Trust, Series 2018-3, Class B, 3.27%, 1/16/24 | 153,932 |
| 60,000 | GM Financial Consumer Automobile Receivables Trust, Series 2020-1, Class B, 2.03%, 4/16/25 | 61,663 |
| 50,000 | GM Financial Consumer Automobile Receivables Trust, Series 2020-1, Class C, 2.18%, 5/16/25 | 51,409 |
| 325,000 | GM Financial Leasing Trust, Series 2021-1, Class D, 1.01%, 7/21/25 | 323,165 |
| 420,000 | Santander Drive Auto Receivables Trust, 1.64%, 11/16/26 | 425,652 |
| 1,000,000 | Santander Drive Auto Receivables Trust, 1.48%, 1/15/27 | 1,012,240 |
| 315,000 | Santander Drive Auto Receivables Trust, Series 2018-2, Class D, 3.88%, 2/15/24 | 320,474 |
| 865,000 | Santander Drive Auto Receivables Trust, Series 2018-3, Class D, 4.07%, 8/15/24 | 885,285 |
| 103,442 | Santander Drive Auto Receivables Trust, Series 2019-1, Class C, 3.42%, 4/15/25 | 104,225 |
| 100,000 | Santander Drive Auto Receivables Trust, Series 2019-1, Class D, 3.65%, 4/15/25 | 102,786 |
| 400,000 | Santander Drive Auto Receivables Trust, Series 2019-2, Class D, 3.22%, 7/15/25 | 411,600 |
| 160,000 | Santander Drive Auto Receivables Trust, Series 2019-3, Class D, 2.68%, 10/15/25 | 163,993 |
| Principal Amount | Value | |
| $450,000 | Santander Drive Auto Receivables Trust, Series 2021-1, Class D, 1.13%, 11/16/26 | $450,597 |
| 1,100,000 | Santander Drive Auto Receivables Trust, Series 2021-2, Class D, 1.35%, 7/15/27 | 1,101,056 |
| 450,000 | Santander Retail Auto Lease Trust, 2.08%, 3/20/24(b) | 459,531 |
| 505,000 | Santander Retail Auto Lease Trust, Series 2019-A, Class B, 3.01%, 5/22/23(b) | 510,850 |
| 300,000 | Santander Retail Auto Lease Trust, Series 2019-A, Class C, 3.30%, 5/22/23(b) | 304,164 |
| 240,000 | Santander Retail Auto Lease Trust, Series 2019-B, Class C, 2.77%, 8/21/23(b) | 244,780 |
| 500,000 | Santander Retail Auto Lease Trust, Series 2020-B, Class C, 1.18%, 12/20/24(b) | 501,767 |
| 1,088,536 | Sunnova Helios II Issuer LLC, Series 2019-AA, Class A, 3.75%, 6/20/46(b) | 1,141,796 |
| 100,000 | Tesla Auto Lease Trust, Series 2019-A, Class C, 2.68%, 1/20/23(b) | 102,385 |
| 1,475,000 | Tesla Auto Lease Trust, Series 2019-A, Class D, 3.37%, 1/20/23(b) | 1,523,147 |
| 600,000 | Tesla Auto Lease Trust, Series 2021-A, Class D, 1.34%, 3/20/25(b) | 602,656 |
| 183,924 | Verizon Owner Trust, Series 2018-1A, Class B, 3.05%, 9/20/22(b) | 184,175 |
| 220,000 | Verizon Owner Trust, Series 2018-1A, Class C, 3.20%, 9/20/22(b) | 220,326 |
| 170,000 | Verizon Owner Trust, Series 2019-C, Class B, 2.06%, 4/22/24 | 174,022 |
| 4,887 | World Omni Automobile Lease Securitization Trust, Series 2019-B, Class A2A, 2.05%, 7/15/22 | 4,890 |
| Total Asset Backed Securities | 31,059,414 | |
| (Cost $31,013,165) | ||
| U.S. Government Agency Backed Mortgages — 1.04% | ||
| Fannie Mae — 0.01% | ||
| 2,317 | Pool #888467, 6.00%, 6/1/22 | 2,336 |
| 3,300 | Series 2003-55, Class CD, 5.00%, 6/25/23 | 3,411 |
| 2,332 | Series 2012-1, Class GB, 2.00%, 2/25/22 | 2,337 |
| 8,084 | ||
| FREMF Mortgage Trust — 1.03% | ||
| 1,120,000 | 3.99%, 7/25/49(b),(d) | 1,177,550 |
| Total U.S. Government Agency Backed Mortgages | 1,185,634 | |
| (Cost $1,185,428) | ||
| Shares | Value | |
| Investment Company — 0.18% | ||
| 207,348 | U.S. Government Money Market Fund, RBC Institutional Class 1(e) | $207,348 |
| Total Investment Company | 207,348 | |
| (Cost $207,348) | ||
| Total Investments | $111,322,228 | |
| (Cost $111,018,478) — 97.56% | ||
| Other assets in excess of liabilities — 2.44% | 2,780,986 | |
| NET ASSETS — 100.00% | $114,103,214 | |
| (a) | Floating rate note. Rate shown is as of report date. |
| (b) | Security exempt from registration under Rule 144A or Section 4(2) of the Securities Act of 1933, as amended. These securities may be resold in transactions exempt from registration, normally to qualified institutional buyers. |
| (c) | Security is a fix-to-float security, which carries a fixed coupon until a certain date, upon which it switches to a floating rate. Reference rate and spread are provided if the rate is currently floating. |
| (d) | Variable or floating rate security, which interest rate adjusts periodically based on changes in current interest rates and prepayments on the underlying pool of assets. Rate shown is the rate in effect as of period end. |
| (e) | Affiliated investment. |
| Short Position | Number of Contracts | Expiration Date | Value/Unrealized Appreciation | Notional Value | Clearinghouse | ||||||
| Five Year U.S. Treasury Note | 65 | September 2021 | $19,834 | USD | $8,022,930 | Barclays Capital Group | |||||
| Two Year U.S. Treasury Note | 125 | September 2021 | 42,928 | USD | 27,540,039 | Barclays Capital Group | |||||
| Total | $62,762 | ||||||||||
| Abbreviations used are defined below: |
| GMTN - Global Medium Term Note |
| LIBOR - London Interbank Offered Rate |
| MTN - Medium Term Note |
| REIT - Real Estate Investment Trust |
| SOFR - Secured Overnight Financing Rate |
| USD - United States Dollar |